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financial
nmnm
ronirii
Supplement
Quotation
(Monthly)
Street Railway Supplement
<^Am^
Supplement
^m^
Investors Supplement (&**$
State and City
[Entered according to Aot of Congress, In the year 1901, by the William B. Da.ha Company, In the offloe of the Librarian of Congress.]
VOL.
SATURDAY, OCTOBER
73.
NO. 1894
12, 1901.
If",
;
,,t
1901.
PUBLISHED WEEKLY.
Terms of Subscription— Payable in A (trance :
For One Year
$10 00
For Six Months
600
European Subscription (lnolndlng postage)
13 00
European Subscription Six Months (lnolndlng postage)
7 50
Annual Subscription in London (lnolndlng postage)
A 2 lis.
Six Mos.
Al lis.
do.
do.
do.
Above subscription lnolndes—
Thb Quotation Supplbmkht
Stbbbt Railway Supplement
Thi Investors' Supplement
Statb and Cftt Supplement
i
|
Terms
Transient matter
$4 20
STANDING BUSINESS CARDS.
Two Months
(8 times) .. 22 00
Three Months
(13 times) $29 00
"
(26
).. 50 00
Months (52 " ).. 87 00
. .
Six Months
Twelve
WILLI*?! B. DANA COMPANY, Publishers,
Pine Street, Corner of Pearl
Post office Box 958.
new YORK.
Total
all oities,
1901.
Total
*
all cities
\P.Otnt
1900.
t761.319.82tf
4-48-3
+210
+150
+7 9
9,790,820
98,371.081
87,618,110
18,868 822
114.460.941
88,933 367
10,915,419
11.474.105.830
851.878.808
11,108,410.836
221.011.817
6 days
11,726.489,888
S76.908.fi23
$1,826,481,263
374,619.984
for week.
13.101.347,911
81,600.941,317
77.840,000
18.188,087
129,837,366
30.000.000
All cities, 1 day
I
+13-0
-89
-108
Chicago
Olnolnnatl
Detroit
Cleveland
...
Indianapolis
Peoria
Toledo
Grand Rapids
Youngstown
Springfield. 111....
Lexington
Springfield, Ohio.
Canton
Jacksonville,
111..
Qulncy
Bloomington
Jackson
Ann Arbor
Tot. Mid. West'n.
8an Franoisoo.
Salt
Lake
+80-
I
City.
Portland
Los Angeles...
Seattle
Spokane
Tacoma.
Helena
Fargo
Sioux Falls
Total Pacific
Kansas City
Minneapolis
Omaha
+88-9
St.
+81-8
St.
Paul
Denver
Joseph
Des Moines
Davenport.
Sioux City
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 cases estimated, as we go to press Friday
Wlohita
Fremont.
Colorado Springs..
Tot. other West.
night.
New
full details for
We present
below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, Oct. 5, 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
New York
a gain of 24-1 per cent. Outside of
over 1900 is 163 per cent.
ll'ufc
Clearings
at—
1901.
883,803.848
Philadelphia
Pittsburg
Baltimore
Buffalo
116811,602
48 867,786
83 868 794
8 581.774
Washington.
8,845,444
8.818 260
8 378 674
1,418,479
1,641.598
8,088,912
331,600
896 147
468,018
Rochester
Syracuse
Bcranton
Wilmington
Bingham ton.
Chester
1901.
.
New York
Albany
1900.
989.981,748
98,938.886
81.601.893
82 881.080
6.605.058
2.469 370
3 288,476
2,187.645
1,078.089
1,104.608
1,013 895
487,800
413.487
838,778
Sreensburg
Wheeling. W. Va...
746 886 Not Include
Wilkes Barre
834.818 Not include
Total Middle
1.488.018.131 1.165.739.682
the increase
Topeka
St.
Lonls
Orleans
1898.
+88-6
+36-8
+45
+18-8
+160
+16-1
+93
+882
+89-8
+84-4
-8901
—4-3
+88-3
1,460.652 632
102.828.383
40.922,745
30.876.812
5 861.191
2,874 800
3.467,153
8.485 008
1,496.475
1,087.885
1,344 029
481,900
280.000
t
P. Cent.
167,599,178
140,882,888
159.693.488
18,807,050
18,900,000
18,868,7*0
8.867,098
146.013.564
18.183,650
8.863,188
11.418.891
6.993,659
6.761.100
3,051.018
8.893 959
8.608 912
1,308.967
1.590.878
1,837.411
1.577,871
1,465.951
1,088,678
514,446
602.018:
883,881
ti.StO.i'OO
4.858.789
8 647.707
8.700,923
1.575 938
1,838,908
881), 449
607,008
687,638
451,118
687.900
435.504
279,3681
869.314
428.957
181,954
898,788
313.298
144,747
1,073111
960.910
878 191
440,469
605,680
•6.000
387.677
226.090
886,894
817,939
199,757
235.000
855.469
135.000
6.
288,765.803
208.798.239
88675.034
84.323.191
8 456.021
8,788 838
2,806.987
8,180.180
1,245,190
1,888,933
683.947
883,790
4,039.898
8,745,945
8,965.672
4.113,570
1.528,238
1.871.686
608,341
601,972
863.638
1899.
+811
113 893 893
3.789.400
2 931,537
7.145 100
3 884 26b
1,882 HP
1.534 80b
1,866.22
1.456.187
1,205,283
773.654
678,088
360.000
-11-9
+H2-3
-191
-14*
+19
1898.
181714.681
-86
+lld
+400
+209
+181
+1V8
4
+93
+182
+682
1.675.848
1.716.888
1.763 800
830.988
791.488
649021
191 975.831
189, 986.71
117.784.863
16.108.850
6,980.848
7.708.280
8.010.894
4.885.900
8.483.936
1.988.162
2.591.978
1.088.841
887.315
742,187
+21-4
+141
6, ,493.787
+1-5
s .777 500
+896
+111
+77
1036470
183,686,687
16 ,730.000
9 .075 716
18 .044.784
2 .939.658
2 .604.488
188 461
1 .277,922
1 .085,667
8,
+80-9
+268
-180
+888
+884
987,704
881,898
476,881
488,606
407,000
890,008
821,858
287,812
878.606
218,942
—18-7
+3'7
+18-3
+840
+ira
+843
-8"9i
818100
845R01
488.683
886,700
818.448
187.806
194.684
807.481
+87-1
4-22-2
+16-8
78 462 Not include
in tot al
+184
804.981,751
169.794,956
83,651 502
3 816 699
8.159,896
1.874.276
8,937.101
17 808111
1.638 514
8,194.481
8,385,109
1.246 884
1.088.487
887.553
566,099
870,000
1,602.921
1,168,140
803.847
688.851
167,686
9.1,620
+15-0
44,096,638
88.480.063
10,677,386
16,696 921
8,604.830
6.446.747
3,«S1.«67
6,089 074
1.992.882
1.600,000
1,658,663
1. 203.882
416.937
808,700
800.718
15,808.856
18,888,770
6,617 492
6,889.711
4,880.666
8.857.282
1.888,800
Not Include d
63 446.081
65,382 866
44 970.111
83.518 280
12,451 188
8,128 241
8.817,000
8 996.497
8.048,085
8.873.390
111891
87.818.485
87.802619
16,940.887
18.391 084
18,881 031
12 831.817
7,688.101
6.863 625
4.658.600
6.982,182
Houston
Savannah
aiohmond
Memphis
Atlanta
Nashville.
Norfolk
Augusta
Macon
Rook
Little
Chattanooga
889.055,050
77,651.628
20 360 162
88 288 883
4.888 895
8 830 917
7,S76,87fi
6 598,732
4,706.974
8.499.133
1,706,137
1.849.191
1.883.748
742.782
1,418.087!
1,821.416
1,0 17,860
496.819!
145.698
10.584,660
Louisville
Jacksonville..
Cent.
+8W9
1901.
181 870 371
7,459 900
2,954 tee
Qalveston
Birmingham
5.
1899.
October
1900.
147,818.430
7.198,800
8,888,801
8 326.467
1.616,683
1.778,03n
l,787,f54
968,662
885.866
497,710
886,876
9 868 474
Knoivllle
Fort Worth
ending October
mding
+S8-7
+188
Partly estimated.
The
New Bng.
Rookford
118.tt80.O28
cities, 5 dart.
cities, 6 days
Holroke
Akron
Ealamasoo
$1,000,230,008
Seven
Other
New Bedford
K vans vllle
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of
the United States for the week ending to-day, Oct. 12,
have been $2,101,347,911, against $2,098,746,138 last week and
$1,600,941,217 the corresponding week last year.
...
Worcester
Portland
Fall River
Lowell
Dayton
Street,
GLEAMING HOUSE RETURNS.
Boston.
Philadelphia
Baltimore
Chicago
St. Louis
New Orleans
Springfield
Columbus....
Messrs. Edwards <fe Smith, 1 Drapers' Gardens, E. O., will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.
Mew York
New Haven
Mtlwankee
London Agents:
OUaringt— Ueturm bv Telegraph.
Week Bnding October 18
Boston
Providence
Hartford
Total
Advertising—{Per Inch Space.)
of
'k
-
4 065 683
8.798.113
8,828.530
8.889,323
1,587.189
1.299.136
1,608.799
686.884
1,898,583
1,050.000
881,000
B81.B08
414 S»9
8.817.692
8.874 668
1.340 287
1.877,418
1,088.996
845 568
476166
1
+146
8 311675
8.467.465
1,780 020,
1.498.H99
181,669
S82.7C0
160 865
60 849 736
50 985 880
86,838 667
9.887 948
8.880 077
5.668 460
4,890,787
3,111.145
3 808.9*0
8,678.792
2,098 166
1,657,199
30 895 89S
6 446 680
8,916.9!-8
5,094 400
6.288 887
8.971,098
8.840 954
2.100 790
1.879,836
l.saT.uie
1,120.800
1,181.501
887.768
1,218 618
1.155 945
8.831623
98 610 812
691 381 865
818 686
796 76
786 678
880.000
606 582
877 181
281 960
+8-3
816O6 609
+841 8.303 964 887
815,942 890
701.419,612
+18-3
758.301.655
388 165 684
200
871
304
904
1,869,858
844.814
391 484
987 889
1.485,748
8< 690*31
14 510 653
+80-S
17.803 398
12 826 082
8.778.778
1.580 000
989.U76
629 187
18.452.460
10 103 884
8,004 778
1. "51.880
808.581
678,tt5i
1,320.111
897,394
984,000
640 888
418,402
883.501
316795
100.381,967
Total Southern..
Total all
.098.748,138
Outside N. York.
1
I
833 *38
518 778
649.000
802 658
368 C43
•08 060
63 589 Si:
476.211 874
OAJTADA1.835 607
1,187,267
878.868
901 030
857.100
860.000
In tot al.
in tot
4-296 1.683 80H 2831,028^02 87«
Montreal
Toronto
Winnipeg
Halifax
Hamilton.
St.
John
Vlotorla
Vancouver
Qucbeo
Total Canada...
17 457
12 977
8.167
1.544
10,928.887
8.082 189,
1,778.146
i
884 827
887,793
589.070
1.847.000
Not Include d
88*35.*S8'
+lf7
+65-9
-181
+8*1
+08
-835
-812
686875
613 896
956 013
606,000
87.080 7?'
31019.185
In tot al
+ 17
7
THE CHRONICLE.
754
OUR STATE AND CITY SUPPLEMENT.
We send to our subscribers to-day the usual semiannual number of our State
The
tableB
extensively
and City Supplement.
Supplement have been
revised, brirjglng the matter down to reQuite a number of new returns have alBO
and
statistics in the
cent dates.
been added.
The editorial topics discussed in the Supplement
are "Water Obligations Outside Debt Limits Illegal"
and "Alabama's
New
Constitution."
annual report, submitted last week, made such a
strikingly favorable showing that it was natural to
look for an enlarged distribution.
Only one previous
semi-annual payment has been made on the common
shares thus far, namely the 1$ per cent paid last
June. Altogether, therefore, 3 \ per cent will have been
paid out of the income of the late fiscal year. Actually
over 6 per cent was earned during the twelve months,
as we showed in our review of the report, and this, too,
after a contribution of $900,000 to Special Betterment
Account. The 3J per cent dividend on the $102,\
000,000 of
THE FINANCIAL SITUATION.
Nothing has transpired during the week of sufficient importance to affect the Wall Street market except reports current on Thursday and Friday which,
aided by a covering movement, led to decided advances all through the list. Prior to that, the market
continued in a sagging state under the influence of
previous unfavorable developments. There were some
incidents which if a less critical spirit had prevailed
might have stimulated prices. Among these were the
increased dividend of the Atchison, good reports of
railroad earnings, and the activity and strong statisBut the
tical position of the iron and steel markets.
recently,
in the
take
haa
had
to
physic the public
shape of accumulated stocks of products by industrials, unexpected shortage in their earnings, and declines in the market values of their securities, has, for
moment at least, largely banished venturesomeness.
What has further tended to make this lesson severe
the
LVol. LXXIII.
amount
common stock
The
will call for $3,570,000.
above the 5 per
cent paid on the preferred stock was $6,765,839, so
that even after allowing in full for the 3£ per cent on
the common stock, a surplus balance will remain on
the operations of the twelve months in the large sum
of $3,195,837.
The action in raising the dividend
has been criticized as lacking in conservatism, but it
would seem as if distributing only a little more than
half the amount available for dividends was hardly
available for the dividends
deserving of very severe characterization.
Of course the fact that the corn crop in the Southwest
has proved a failure the present season suggests caution, for in the past
the varying
yield
of
this corn
important part in the ups and
Bat on the point whether the
loss in the corn tonnage is likely to be offset by gains
in other directions, the directors must be credited
with better sources of knowledge than the outsider. It
is not a conclusive reply by any means to say that previous experience does not support the idea that the
shortage will be made good, for never before has a
crop failure been coincident with such wonderful accrop has played an
downs
of this property.
has been the fact that notwithstanding prices of the
products the companies referred to deal in have
been high the past year, the published reports show tivity and prosperity of general trade as exists at presthe annual report exthat the profits have been materially short of the ent. President Kipley in
promise ; no one can fail to see the inference this situ- pressed the opinion that the "Increased tonnage
lines
of
business
and other terriation suggests of less profit and lower values when in other
many
them being no tory" would compensate for the loss in Kansas and
Oklahoma, and the board of directors evidently are
doubt already on the down grade.
Then, too, the money market does not encourage of the same mind with him. That they are able to
their commodities rule lower,
of
speculation in properties that are a
little off color.
reach this conclusion after a careful survey of the
shows this by the discrimination in loans which situation, is certainly a gratifying fact. But whether
Besides, though rates are low, or not this hopeful view shall be confirmed by subseprevails at present.
the outlook is by no means fully assured. Not un- quent events, one thing should not be forgotten the
likely, later in the season, when the return flow of dividend now declared comes not out of the new or
currency begins, money will become more settled and current year's earnings, but out of last year's earning?,
dependable. Yet so loDg as the Government revenue the results of which are known, and have been decontinues to be in excess of disbursements and thus clared. One other fact should be borne in mind for
nets a material surplus, and the Sub-Treasury is all the portion of the new fiscal year which has so far
the time absorbing currency, while the difficulty elapsed, the company has already a large amount to
which attends the purchase of Government bonds in- its credit to offset possible loss in the later months of
creases and foreign exchange periodically hardens, a the fiscal year, the returns for July and August 1901
little nervousness with reference to the future is not having shown a gain of $1,753,682 in gross and of $1,unnatural. For these reasons uncertainty as to the 213,721 in net over the same two months last year.
loan market will for the time being prevent perfect
freedom in operating, even if other conditions were
The iron trade, on the prosperity of which so many
speculative
general
to
a
movement.
favorable
At
all
other branches of industry hinge, continues in a state
the same time, no doubt, an undertone of decided of activity, and no developments of an unfavorable
corjfidence in the future of general business prevails, nature are to be noted.
The "Iron Age" has this
any
prolonged
decline in Stock week published its usual monthly statement, reportwhich facilitates, after
Exchange prices, a recovery like that of the last two ing the number and capacity of the furnaces in blast,
days.
and the character of the showing is the same as beThat is to say, production keeps large, and
fore.
directors
of
the
Atchison stocks of iron do not accumulate, but rather continue
As expected, the board of
Topeka & Santa Fe Kailway Company this week in- to fall off. The number of active furnaces October 1
creased the next semi-annual dividend on the common was somewhat less than on September 1, being 246,
stock to 2 per cent. We say that the action was in against 255,
but the weekly capacity was inaccord with expectations, because the company in its creased from 299,861 tons to 307,982 tons, which
It
:
:
October
THE CHRONICLE.
12, 1901.]
755
somewhat below the maii- There are about 1600,000
which were
reached in June last, when the output was 314,- accepted by the Secretary of the Treasury on October
605 tons per week. The "Age" says that the addition 2, under the order of September 10, which are in
The bonds bought this week
to oapacity which occurred during September was due transit from Europe.
under
the
order of March 30.
few
stacks
of
a
which
purchased
resumption
wer<
principally to the
had previously been idle owing to the strike, and to
Money on call representing bankers' balances has
the starting of the new blast furnace of the Sharon
striking
feature,
however, loaned at the Stock Exchange during the week at 4
The most
Steel Company.
in the report of our contemporary is the further de- per cent and at 3 per cent, averaging about 3J per
On Monday loans were at 4 per cent and 3$ per
crease shown in the aggregate of furnace stocks sold cent.
and unsold. The total of these stocks on Octo- cent, with the bulk of the business at 3$ per cent. On
against 380,- Tuesday transactions were at 4 per cent and at 3 per
tons,
361,593
ber
1
was only
July 1 cent, with the majority at 3f per cent. Oa WednesSeptember 1, 392,598 tons
tons
074
latter figure,
however,
falls
of these bonds
mum
and 438,288 tons May
1.
Commenting on
this con-
tinued contraction in stocks at a time of very large
production, the "Age" says: "On the face of it the
continues exceedingly strong.
statistical position
Taking it altogether, we have now for months been
running close indeed for safety. It is very doubtful
two weeks' stock of pig iron in producers' hands, which is a very narrow margin to pro-
whether there
is
vide against accidents or contingencies, particularly
since, notoriously,
consumers are carrying very
little
pig iron."
Interest this time
in
the monthly report of the
Agricultural Bureau at "Washington centres chiefly in
the showing as regards corn.
The Bureau
raises its
whole country only a trifle,
making it now 52*1, against 51 '7 September 1. This
compares with 78*2 on October 1 of last year, and
with 82-7 and 82-0 respectively in 1899 and 1898.
The Bureau reports an improvement of 2 points durgeneral average for the
Kansas
in
points
and
of 4
and Nebraska, of 3 points in Ohio
Iowa, but as this still leaves the average of Kansas
and Missouri only 21 and 31 respectively, of Nebraska
35, and of Indiana and Illinois 51, there is not the
least danger that the Bureau has made the showing
As a matter of fact the State reports
too favorable.
seem all to take a more encouraging view of the prosing the
month
in Indiana, Illinois, Missouri,
day loans were at 3J per cent and at 3 per cent, with
On Thursthe bulk of the business at 3£ per cent.
day transactions were at 3£ per cent and at 3 per
cent, with the majority at 3i per cent.
On Friday
loans were at 3£ per cent and at 3 per cent, with the
bulk of the business at 3£ per cent. The demand for
time loans is quite moderate, borrowers generally
preferring to resort to the call loan branch of the
market. The offerings are fairly liberal, and largely
by out-of-town institutions. Some money is placed
by foreign bankers for sixty to ninety days on choice
collateral at 4£ per cent, and contracts by domestic
lenders on this grade of security for longer periods
are accepted at 4£ per cent. The quoted rates for loans
on good mixed collateral are 4|@4f per cent for all dates
from sixty days to six months. There is some disposi-
among
lenders to discriminate against industrial
security to the extent of limiting the percentage of this
tion
collateral
a larger
on a good mixed loan to 25 per cent.
amount
of
industrials
is
Where
offered, the rate de-
manded is 5@5| per cent for sixty days to six months,
according to the date of maturity of the loan. In
some
standing of the borrower is closely
scrutinized. The supply of commercial paper is good,
though not so large as has been expected, and there is
cases the
a fair demand, principally from near-by interior points.
There
is
not
much
their business
local buying,
and banks report that
chiefly discounting for their
customers.
Kates are 4£@4f per cent for sixty to ninety day
pects than the national bureau.
endorsed bills receivable, 4|@5 per cent for prime and
There was no change in the official rates of discount 5@5£ per cent for good four to six months' single
by any of the European banks this week. One notice- names.
able feature, however, was an advance in the unThe Bank of England minimum rate of discount
official rate at Paris of | of 1 per cent compared with
the rate a week ago, to 2± per cent, caused by the remains unchanged at 3 per cent. The cable reports
continued loss of bullion by the Bank of France, there discounts of sixty to ninety day bank bills in London
having been a decrease in gold during the week of 2^@2£ per cent. The open market rate at Paris is
£470,000 and in silver of £451,000, making a loss in 2£ per cent, and at Berlin and Frankfort it is 2£@2£
the former within a fortnight of £1,222,800 and of per cent. According to our special cable from LonThere was also during the current don the Bank of England lost £784,319 bullion during
silver of £574,000.
week a decline in rates for sterling at Paris on London. the week and held £37,373,305 at the close of the
The striking feature of the statement of the New York week. Our correspondent further advises us that the
Associated Banks last week was a net gain of $1,042- loss was due to exports of £275,000 (of which £270,200 in cash, whereas a loss was indicated by the pre- 000 were to Egypt and £5,000 to Batavia) and to
liminary estimates of the movements of money. There £509,000 net sent to the interior of Great Britain.
was an increase of $5,948,500 in loans and of $7,100,The foreign exchange market has been generally
800 in deposits; the surplus reserve was decreased
$733,000, to $15,560,025. The most important in- strong this week, influenced by a dearth of comcreases in loans were by the City, $3,274,100; the mercial bills and by a demand to cover maturing conHanover, $1,114,400, and the First National, $1,456,- tracts and also to remit for stocks sold for European,
200.
The gains in cash were chiefly by the City, chiefly London, account. The scarcity of commercial
$1,049,700, the American Exchange, $1,895,000, and bills this week is reported to have been caused by
rains in the West, which retarded the movement of
the Commerce, $1,586,200.
The payments at the New York Sub-Treasury dur- grain to the distributing centres. The cotton planting the week for unmatured bonds amounted to ers, encouraged by the advanoe in the price of the
$1,187,677 32, making $41,234,156 61 since April 2. staple, are holding their cotton in the expectation of
is
THE CHKONIGLK.
756
claimed that
realizing a further rise in price,
and
many
sufficiently well
of
planters
these
are
it is
pro-
vided with funds to enable them to defer marketthur product for some time. The death
ing
of Afghanistan, news of which event
oi' the Ameer
reached London on Monday, seemed to have given
disturbance reflecting a fear
that Russia might take advantage of the event to
make a military demonstration upon the Afghanistan
rise
to
some
political
posted
[Vol. lxxiii.
exchange by Borne of
rates tor
FBI.,
VrU
Co..
British
No. Amerlot
Bank
,.
.
of Gommero*.
the
bO*
4-4
84
84
84*
8o*
84*
4 ye Mi
4 84
8«*
86)*
87
87
84
fc4
80*
eo*
sex
BOH
484
86*
80*
484
4 sew
484
4 86*
484
4 sex
<
Sight...
484
4
so*
84
87
fe5
-5
87
87
m
84
84
84
*>*
34*
80*
80*
80*
86*4
84
B4
8*
84*
64*
86*
84*
86*
84*
80*
86*
86*
97
87
84
M
M
84*
84*
80*
87
87
84
84*
t4*
BO*
86*
B4
8«*
84
80*
MM
B6M
The following gives the week's movements of
money to and from the interior by New York banks.
week, thus influencing a
demand for short sterling, which inquiry, together
with that for remittance above noted, will acfor
87
Sight...
j
count
8«
00 days
)
amounts were paid
H4*
H
>i4*
86*
84*
86*
(
(
loans to considerable
FBI.,
Oct 11.
(
(00 day*,
.
Oct. 10.
4
4
4
Canadian Bank
V.
Bight...
(00 days.
of
Thctr.,
H'r.i)
Oct
'jet. a.
(
fuStf."
(Wdiiii
Oaring,
Bank
Mux,
Oct. 7.
80*
84*
BO*
S4*
|
Magonn A
1
484
Brown Bros
lok- 00 days.
which Great Biitain might not be able suc- Uttdelbaoh,
elbelroer A Co. Bight...
in
This caused some depression
cessfully to resist.
I^dFwoo... {•»*£•
sellliberal
was
there
Marohanu' Bk.
60 days
the London stock market, and
of Canada
(Bight...
arbitrage
the
through
securities
American
ing of
houses, which caused a demand for exchange for re-
.Maturing sterling
leading
drawers:
frontier
mittance.
the
oil this
rise
in
this
class
of
bills.
Wuk BnMnt October
11, 1001.
lUttiVtA by
8Mwt4
Stt interior
>>V
Umtmtnt.
y. T. Bank*. y. T. Bank*.
M.160.000
10.089.000
Lou.
11,889,000
041.000
1.147.0O0
Los*.
206,000
Sold
Total gold and legal tender*
16.091.000
17,186.000
Loss. (2.096 000
was some speculative selling of sixty to
ninety day sterling in the expectation of covering
With the Sub-Treasury operations the result is as
also
a follows.
at a profit in December and January and
connew
making
of
renewal of sterling loans and
Onto/
InU
Ntt Chant* tn
Wuk Bndint October 11, 18*1.
There
tracts of thiB character.
At the same time
a
demand
was noticed for long sterling to be forwarded for discount or used for remittance in place of demand bills.
These various inquiries in a market insufficiently supplied with bills will readily account for the strong
tone which generally prevailed this week. Fxancs
were higher after Tuesday, influenced by the ad
vance in the open market discount rate at Paris and
also by the fall in sterling at Paris on London. The
Banks
$1,189,784 17 for domestic bullion.
Gold received at the Custom House during the week,
Jngland
r ranee
(Jermany
assay office paid
Nominal
exchange were advanced by some
rates for
of the drawers after
day and to 4 87 for
Wednesday to 4 84^@4 85 for sixty
There was somewhat unsight.
usual activity in the exchange market on Saturday of
last week, especially in short sterling, the bid quota-
advanced one-eighth of a cent compared with that on the previous day, to 4 85&, while
The
the asking rate remained unchanged at 4 85f
tion for which
.
bid quotation for cables also rose one-eighth of a cent,
Rates for long sterling were a shade easier,
to 4 86-£.
this tone being reflected in a decline in the ask-
ing quotation to 4 83£.
On Monday
the market was
strong at an advance compared with Saturday of
one- quarter of a cent for long, to 4 83$ @4 83|
and of one- eighth of a cent for short and for
cables, to 4 85f
for
Interior
the latter.
@4
86 for the former and 4 86£@4 86*
On Tuesday long was one-eighth of
83|@4
movement,
The following
Bank HoUUnau
in
a*
above
2S.400.000
•7,186,000
22,200.000
Lobs. •S.096,000
Gain. 1,800,000
•28.491 000
•10.386 000
15.081,000
table Indicates the
Los*.
amount
$896,000
of bullion
the principal European banks.
October 10, 190L
Bank
©old.
a
87,878.305
Ana.-Hang'y.
Spain
,
Italy
Netherlands.
Nat.
October 11, 1908.
o.f
anssla
$64,816.
Bank*.
Bank*.
Belg'm
BUvtr.
Total.
Sold.
1
1
BUvtr.
Total.
*
87.378305 83,609.846
83,599,845
94,293,826 44,039,092 138.382,018 01,462.012 44 724.403 189,187,01;
97,482,000 14,132,000 11,564.000 24,803,000 12.823.000 37,710,000
07,856,000 6,085,000 78.440.000 73,193,000 6,810,000 79.808,000
46,038.000 10,883,000 •5,800,000 87,877,000 0336,000 47,718,000
14,006,000 17,130,000 31,141,000 13,680.000 18,707.000 80,390,000
15,800.000 1.068 800 17308 800 15,425.000 1,071,000 17,090.000
4,870.000 5,610.000 10,410.000
6.755,190 5,640.800 11.404,400
4,711.000
8,161,883 1,580.667
2,882 000 1,441.000
4,323,000
i
week 810,808 664 101418860 411.727.423 297.800.457 09,86? 408 197.248.800
Tot. orey. w'k 311.244.991 102157733 418.402 721 299.717.155 98.858.038'S9S 576.087
rot-ttals
,
THE UN SETTLEMENT ON EUROPE'S
MARKETS.
Disturbance, not acute but unusually protracted,
on the European financial markets in the past few
weeks, has had more or less to]do with the simultaneous depression on our own. The foreign unsettlement has been expressed injarious ways, apart from a
general lowering of values. What may, perhaps, be
called its characteristic features were a sharp fall in
British consols to the neighborhood of the year's low
price, a heavy break in active copper shares at Paris,
a rise in money and a sharp fall in French exchange on
London, and an unexpected advance of the Imperial
while short was a
and
there
was no change
@4
On Wednesday long remained unaltered German Bank rate, apparently to protect the Berlin
in cables.
while short advanced one- eighth of a cent, to 4 85£@ money market. Each of these incidents suggests a cause
4 86, and cables rose one-quarter of a cent, to 4 86i@ of the recent uncertainty and depression. It will be
On Thursday the market was quite strong all worth while, perhaps, to examine all of them and see
4 86f.
around, long moving upward one quarter of a cent, to how much of reality or permanency there may be in
4 84@4 84£, and short and cables one-eighth of a cent, the existing disturbed situation.
That a period of discouragement should have preto 4 86@4 86i for the former and to 4 86£@4 86| for
the latter. The market was firm on Friday until the vailed on English financial markets is not surprising.
afternoon, when it grew easier in the absence of de- Indirect as is the influence of the Transvaal blockade
mand. The close was at 4 84@4 84 £ for long, 4 86® on our own markets, the recent signs that the end of
4 86£ for short and 4 86f @4 86| for cables. Com- the war was farther off than had been anticipated had
In England ,its
mercial on banks 4 83^@4 83| and documents for pay- an unfavorable effect even here.
ment 4 83^@4 83f. Cotton for payment 4 83£@4 83£, influence has been more direct and positive. The
cotton for acceptance 4 83}@4 83f and grain for continued stoppage of the African gold supply, which
payment 4 83£@4 83|. The following shows daily up to the close of 1899 was flowing to London at the
a cent higher, at 4
shade easier at 4 85f
85£,
83£,
UCTOBKK
1^,
i
15*H.|
n
x*v^r*
i.
$8,000,000 monthly, is a factor of some
moment, although Great Britain's stock of gold in
rate of
Bank
of
England and
in the
interior
has increased.
11
l. r>.
I
•>
.
an explanation pointing rather to the
exaction of reasonable rates than to distrust of the
general situation; for the assumption is, apparently,
that the loans will be duly granted.
Germany must work" itu way out of its season of
liquidation as theJUnitod States did after 1894.
It is
observed,
is
should also be observed that the war is costing today more than at any time since its beginniug. Even
in the six past months of desultory warfare the <lovernment's outlay for supplies has been $18,500,- at least reassuring that the worst of its troubles are
000 greater than in the same time a year ago, certainlyjbehindjit, and that no currency tangle comand $219,000,000 larger than in 1899. It is of course plicates the situation as ours was complicated seven
For the rest of Europe no proof whatever
plain that active campaigning cannot continue very years ago.
much longer without necessitating another public exists that the situation is really grave. There has
loan, and a market is always heavily handicapped been a much-needed reaction, and in financial activity
But this is nothirg
when such a demand on capital is impending.
there is a wise and prudent halt.
It
Necessarily this
situation.
and
is
a temporary phase of the general
The Boer war cannot continue
forever,
may end more suddenly than most people exThe recent outbreak of angry London criticism
it
pect.
war administration was hardly more than should
have been expected. How far it was warranted is not
altogether easy to judge; Lord Roberts, in his speech
of last Tuesday, is authority for the flat assertion that
there has been no mismanagement or neglect.
But it
is easy to see how bad an influence must be exerted on
financial confidence by such public expressions of
at the
distrust.
The end
war will change this part of the situation, and will change it very quickly.
As for the
French position, it should be observed that the shock
of the recent "copper scare" came on a market more
of the
strongly intrenched at present in real resources than
any in the world, except, perhaps, that of the United
States.
It is true that recent gold withdrawals from
the Bank of France have been moderately heavy ; the
institution's gold reserve has decreased some $18,000,000 in the past two months. But this fact must
reasonably be taken in connection with the further
fact that at the opening of 1901 the Bank's gold holdings exceeded all records in its history, having in fact
increased no less than $100,000,000 within a year.
Only seven months ago, in our issue of March 30, reviewing the annual report of the Bank of France, we
cited the words of the President, that " so great a [gold]
reserve imposes on us largely increased expenses.'7
Whatever may be the true significance of the somewhat
disturbed position of the Paris market during the
past few days, these facts are enough to dispel any
notion of real distress. At most the situation may
possibly put a stop to plans for early importation of
gold from France to America, or may cause some
drain on the London market, where advances of
Even in this last matter it
Paris capital are large.
is worth noticing that cable advices during the present week have been to the effect that Paris, even while
withdrawing capital from England, has been utilizing
the cheaper rate of London exchange for new remittances.
The
case of
Germany
is
of course
rather different,
and the deipatches indicate that the Austrian market's position is more or less analagous to Germany's.
It is clear, from trustworthy advices, that the series
of bank disasters, some of them very discreditable,
has unsettled confidence and emphasized the unfortunate influence of the German harvest shortage.
The President of the Imperial Bank, at the time the
official rate was lately raised, himself explained the
action on the ground that the joint-stock banks were
now
so exceptionally cautious
in
making discounts
that the season's demands on the Imperial institution
were likely to be unusually great.
This,
it
will
be
degree, from what has occurred during the corresponding period in the United
different, save
possibly in
States.
NEW YORE CENTRAL AND
ITS PROG RE
of the New York
The more the annual report
Central & Hudson River Railroad Company
is
ex-
amined, the more favorable it appears. It is very
natural in taking up an annual statement to pay particular regard to the changes as compared with the
year preceding.
But where the view is confined to
such a limited period, one is very apt to lose sight of
controlling features of policy or to fail to note the real
progress making.
Deviations from year to year are
necessarily less marked and less striking than where a
longer period of time is covered, and they may also
arise from a variety of causes, some entirely beyond
the control of the management.
In this way tempo-
and revenues, either up or
down, frequently assume an importance which they
do not merit. Or again they may serve to obscure
rary fluctuations in traffic
or entirely to conceal for the time being the
lying
trend of
clusive results
affairs.
A
under-
retrospect to yield con-
must hence be extended
sufficiently
far back.
Judged by
Central
is
this
test,
the record of the
Xew York
creditable as well as satisfactory.
the development in nearly
all
Indeed,
directions has been note-
We
drew attention a year ago, in reviewing
the report for the preceding twelve months, to the
great progress which had been made, and the same
worthy.
features again present themselves to view, only with
the lapse of another year they have
become
corre-
spondingly more striking. With reference to the new
policy inaugurated in the control of connecting roads,
there have been no additional developments.
This
policy, aB pointed out by us on a previous occasion,
evidently contemplates the concentration of all the
Vanderbilt mileage in the territory between the seaboard and Chicago and St. Louis under the control
or ownership, direct or indirect, of the Central.
new
policy
may be
said to date
The
from 1898, when the
Central acquired the greater part of the capital stock
of the Lake Shore & Michigan Southern and the
Michigan Central railroads by issuing in exchange
This was followed, it
therefor its collateral bonds.
will be remembered, by the acquisition of stock in the
Cleveland Cincinnati Chicago & St. Louis Railway
Company, the Lake Erie & Western Railroad Company and the Chesapeake & Ohio Railway Company,
and by the lease of the Boston & Albany Railroad.
As a result the Central report a year ago announced
that the total mileage owned and controlled by it
had been increased to 10,280 miles this being without the Chesapeake & Ohio, which is owned jointly
by the Central and the Pennsylvania. There is no
—
THE CHRONICLE
758
farther reference to the matter ia the present report,
bat it is known that no substantial change ia the
mileage occurred during the twelve months. The re-
[Vol..
LXXIII.
seen on every site, the increased economy and
efficiency with which the property is being operated
being not the least of the results disclosed. To state
is
port Btates, however, that the Central's holdings of
the situation in brief, the freight trains in the late
Louis year earned $2 11 per revenue train mile run (the
and the Lake Erie & Western the one standing on Boston & Albany not being include 1 in the computathe books Jane 30 1900 at a cost of $4,307,379 and tion), as against only $1 29 per mile run in 1884-5,
the other at a cost of $2,897,642 were during the and this result was obtained on an averaga rate per
year disposed of to the Like Shore & Michigan South- ton per mile of but 58 mills in 1900-01, as against 6'8
ern Company. The transfer seems an appropriate mills in 1884-5.
The train mile revenue has been
steadily
one, as the roads named are in the territory of the
enlarged in recent years, but this is decidedly
Lake Shore rather than in that of the Central. Of the best showing yet made. The average train loadcourse the Central's control over these roads is as was further increased, bringing it up to 367 tons
effectual in the one case as in the other, since it owns (revenue load), which compares with 363 tons in the
practically all the stock of the Lake Shore.
While on year preceding, with 338 tons in 1898-99, with 264
stock in the Cleveland Cincinnati Chicago
&
St.
—
—
this subjeot of the
other
Central's
lines, it ia interesting to
proprietary
interest in
note the appearance of
tons in 1894-5 and with but 188 tons in 1834-5. The
fact that the average rate realized on the tonnage
$1,- moved in the late year was but 5 8 mills per ton per
mile, while in 1884-5 the average was 6-8 mills, indiHartford
New York New Haven &
cates in an impressive way the new conditions which
Kulroad.
The New York Central report is of course notbased had to be met. The reader may miss the significance
on this large aggregate of tea thousand miles of road, of the comparison without a reminder that 1884 5 was
but merely on the mileage directly operated east of the fiscal year preceding the West Shore settlement.
Buffalo embracing with the Boston & Albany 3,223 The situation then is, that the Central is now moving
miles, and without that road 2,829 miles.
On that freight at an average rate nearly 20 per cent less than
basis it is possible to make comparisons with earlier that obtained at the time of the worst trunk-line war
periods, and these comparisons furnish signal testi- in American railroad history, and is doing it too (by
mony to the growth, the progress and the develop- reason of the operating economy and efficiency effected)
ment which has been effected in recent years. in a manner to yield a good profit.
As is well known, enormous amounts have been spent
The Boston & Albany lease dates from the 1st
of July 1900, and hence its operations are in- in recent years in improving the property and adding
cluded in the results for the first time.
This to the company's facilities for moving traffic. In part
would be a disturbing feature in the compari- these outlays have been provided from earnings, in
sons except that all through the report the figures part from additions to capital account. Thus, the 15
for 1900-1 are given both ways that is, without the millions increase in capital stock made the previous
Boston & Albany as well as with it. Including the year wa3 entirely for the purpose of acquiring addiThe wisdom of these and the
Boston & Albany, gross earnings in the late year tional equipment.
expenditures
made is shown by the inreached the large total of $66,333,111; excluding other large
that road, the total of the gross is $56,401,714. At creased operating efficiency obtained, as disclosed by
this latter figure, the amount is the largest in the the foregoing figures, and by the successful and satiscompany's history, and the passenger and the freight factory way in which the company is handling a
earnings are also each the largest on record. The pre- volume of passenger and freight business which is
vious year the gross was $51,562,951, and in 1898-99 taxing the capacity of the road to the utmost. The
but $48,124,015, the mileage remaining substantially la3t few years a great deal of money has been spent
unchanged in these three years. In 1896-97, on a in rebuilding and strengthening bridges, and as bearsomewhat smaller mileage, the amount was but $45,- ing upon the importance of this work, it may be noted
that the engines now in use could not have gone over
199,465.
If we go back to 1884-5, which was just before the the old bridges west of Syracuse.
absorption of the West Shore, we find that gross at
It is proper to say with reference to the decline in
that time was but $24,429,441. Of course, in the rates that at 5*8 mills per ton per mile the average for
interval since then the length of road operated has the late year is slightly better than that obtained in 1899 been considerably increased, the Beech Creek, the 1900 and in 1898 99, on both of which occasions the
Home Watertown & Ogdensburg, and some other average was 5 6 mills. With that exception the figure
roads having been acquired, but in a general way this was never so low as at present. The trifling improvecontrast between the $56,401,714 earned in 1900-01 ment may be ascribed in part to the better mainten(or $66,333,111 if the Boston & Albany is embraced) ance of trunk-line rates and also coal rates, but in the
and the $24,429,441 earned in 1884-5 indicates how main it would seem to follow from an increase in the
greatly the business of the New York Central has been proportion of the high-class freights carried those
extended during the last sixteen years. One other on which rates are highest. The report states that
During the current or the increase in articles of that description was a
contrast may be permitted.
new fiscal year the earnings have been showing further feature of the year's traffic, and we also observe that
large increases from month to month. As a result the there was at the same time a falling off in the bulky
aggregate of the gross for the quarter ending Septem- or low-class freights. Aggregate revenue tonnage
ber 30 1901 (including the Boston & Albany) has got was somewhat smaller than in the year preceding (the
tip to $19,422,234.
In 1884-5, as we have already seen, comparison being 37,403,122 tons, against 37,586,496
the amount of the gross for the whole twelve months tons), and the loss was entirely in the low-class artiwas no more than $24,429,441.
cles; thus of grain and flour the road carried 187,432
When we compare present operating and traffic tons less, of hay 166,360 tons less _and of bituminous
statistics with this earlier period, evidence of progress coal and coke 780,596 tons less.
a new item
this
time,
namely an
interest of
050,000 in the
—
—
—
OCTOBEK
THE CHRONICLE.
12, 1901.
As we showed
a year ago, a feature of the Central's
ing
transportation, and
759
reflects
the
higher cost of
and supplies. The remainder of
the augmentation was due to a further increase in the
maintenance outlays, which had previously been of exAs showing what is being done
traordinary amount.
in that direction, we may note that for maintenance
of a total freight traffic of all kinds of 37,403,122, of way and structures^and maintenance of equipment
It
thus forming over 35 per cent of the whole. combined, no less thau $13,428,338 was spent in the
The management are planning to still further extend late year and $12,788,377 in the year preceding,
this traffic and alBO to move it with greater cheapness. against $10,248,751 in 1898-99, and still smaller
This is the meaning of the acquisition last February amounts in previous years. The $13,428,338 is equal
Another way of
of the Susquehanna & Clearfield Railroad (a branch of to $4,746 per mile of road operated.
Railroad)
and
its
is
being
indicating
what
done
is
to
&
Erie
consolida
compare
the ratios
Philadelphia
the
tion with a number of projected roads under the of expenses for the different years and to note the pername of the Beech Creek Extension Railroad. The centage contributed by each leading group of exThus in 1897-98, when the ratio of expenses
work of constructing the new mileage is well advanced penses.
and its completion and the lease of certain trackage to earnings was 64*00 per cent, cost of conducting
rights from the Philadelphia & Erie will give the Cen- transportation was responsible for 40*34 per cent and
tral a low-grade route for its coal and greatly facili- the maintenance expenses formed 21*20 per cent of
On the other hand, in the late year,
tate the economical distribution of the same in New the amount.
England. The importance of the new line will ap- with the ratio of expenses nearly the same as in this
pear when we say that over it two engines will be able earlier year, namely 64*12 per cent, cost of conducting
to do the work now requiring eight engines on the transportation counted for only 37 96 per cent, but
Beech Creek Railroad. The willingness of the Penn- maintenance expenses for 23*81 per cent.
We have stated that the surplus above charges for
sylvania Railroad, which controls the Philadelphia &
This is without the
Erie, to give the Central trackage rights over one of the late year was $1,785,881.
With that road included, the
its lines is evidence that there is no friction in the Boston & Albany.
matter between these two great systems. The Penn- amount is $1,992,183. The latter is equal to about
sylvania Railroad people evidently understand that If per cent on the $115,000,OCO of stock in addition
the Central simply seeks to handle to better advan- to the 5 per cent actually paid on the shares. This is
tage the coal on its own lines which naturally belongs the result, too, after exceptionally heavy outlays for
improvements and betterments, as we have seen, and
to it.
Another very noteworthy feature in the Central's which were charged directly to expenses. Out of the
progress is the great expansion in the road's passenger $1,992,183 surplus, $1,500,000 was set aside to be
The passenger earnings in the late year carried as a special fund out of which the cost of new
business.
amounted to $16,738,344, as against $15,464,294 in bridges and additional rolling stock, etc., is to be dethe year preceding, and but $13,880,514 in 1898-99. Lest frayed. It will be remembered that in the previous
year $2,000,000 had been similarly set aside, making
it may be supposed that the increase reflects the
Pan-American
Exposition
the
at
Buffalo,
to
travel
we $3,500,000 for the two years.
will say that this did not play any important part in
development has been the growth of the
coal tonnage obtained through the lines running down
Notwithstanding the temporary
into Pennsylvania.
decrease in this traffic which occurred the late year,
the tonnage in coal and coke was 14,185,150 tons out
recent
traffio
the road's business until the current or new fiscal
The figures as here given do not include the
year.
labor, fuel, materials
BURLINGTON & QUINCF REPORT.
Though the Chicago Burlington & Quincy is no
he latter longer an independent property, control of the
stock
the passenger earnings are nearly as large as the being held jointly by the Northern Pacific and
the
freight earnings. It is a noteworthy fact that on cur- Great Northern companies, public interest
in the
rent business the Central just at the moment is en- company's affairs continues as active as ever.
The
joying the same distinction, as the travel to the Buf- system embraces eight thousand miles of road, and
Taking the three in point of earning capacity it surpasses all but one
falo Exposition is now very large.
months to October 1 1901, the Central's freight earn- of the large systems running out of Chicago. It has,
ings (including the Boston & Albany) are found to moreover, always been conservatively and yet prohave been $9,688,033, while the passenger earnings gressively managed, and it has a record of prosperity
for the same three months (the Boston & Albany also equaled by few other railroads in the United States.
being included) foot up $8,181,494, with $1,043,060
As showing that on the basis of present earnings
more of mail and express earnings, making $9,224,- (taking gross earnings a3 a standard) the Burlington
554 together.
& Quincy outranks the other large systems, its neighThe income account shows that the surplus balance bors, we may note that the further increase estabremaining on the operations of the twelve months lished the late year brought the total of the gross up
after the payment of dividends was $1,785,881, against to $50,051,989.
The Chicago Milwaukee & St. Paul
:
operations of the Boston
&
Albany.
On
1
the twelve months preceding. But
$812,500 of the decrease of $1,255,645 is accounted for
by enlarged dividend requirements, first because the
$3,041,527
for
during the same twelve months earned gross $42,369,012.
The Chicago & North Western in the fiscal
year ending May 31 1901 earned $43,098,587, which
rate was higher (it being full 5 per cent), and secondly would be increased to $47,386,393 if the trans-Misbecause the distribution was on a heavier amount of souri lines were included. The Rock Island, in the
It also appears that an addition of $1,838,762 year
stock.
had $25,364,695
ending
March 31 1901
earnings
during
the
gross
year
the
yielded
to
no addi- gross.
The Atchison Topeka & Santa Pe, howtion to net earnings, but was attended by a decrease ever, in the late fiscal year earned somewhat more
In other words, there was than the Burlington & Quincy, its gross for the twelve
of $272,295 in the same.
of
an augmentation
$2,111,058 in expenses. Of this months having been $54,474,822. It is also interestaugmentation, $1,504,299 was in the cost of conduct- ing to note that the income of the Northern Pacific)
THE CHRONICLE.
760
[Vol.
LXXUI.
and the Great Northern combined in the latest year was
only about 20 per cent more than that of the Burlirjgton & Quincy alone.
The Great Northern had
gross of $30,504,386 for the twelve months and the
Northern Pacific gross of $32,660,984, making $63,-
merely indicates what the result would have been in
the late year had the arrangement under discussion
been in effect during these twelve months. As a
matter of fact, it did not become effective until the
beginning of the current fiscal year.
In this new fiscal year the owners may be some125,370 together, as against the Burlington &]Quincj's
what handicapped by the shortage of the corn
total of $50,051,989.
The annual report discloses no especially noteworthy crop in the territory tributary to the Quincy
and the results are about as expected. Traffic lines, corn being a very important item of traffic with
and revenues show continued development. We have the Burlington & Quincy. But even if there should
stated that gross for the twelve months was $50,- be a deficiency during the first one or two years of the
This compares with $47,635,420 in the control of the road, it would signify nothing as to the
061,989.
feature,
1898-99
advantage or profitableness of the arrangement. In
a transaction of such magnitude it is long views, not
short views, that must govern.
The United New
Jersey lines of the Pennsylvania Railroad showed a
large annual deficit during the early years of their
operation, but they later became independently profitable, and have remained so.
Besides, in the Quincy
case the plans of the new owners as to the future
The pas- administration of the property have not yet been disof $3,118,582, or a little over 10 per cent.
senger earnings, on the other hand, have moved up closed. Doubtless they expect through a concentrayear
preceding,
with only $43,389,424
in
and with but $42,800,163 in 1897-98. It will no
doubt come as a surprise to most persons to
hear, that taking this term of years, the absolute
amount of addition to passenger earnings ^has been
larger than the amount of addition to the freight
earnings. The latter have risen from $30,543,640 in
1897-8 to $33,662,221 in 1900-01, giving an increase
from $8,153,042 to $11,624,746, the increase
in this
tion of
management
the
of
the three properties to
per effect important savings in operations. The three
roads together, we have seen, earned over 113 million
dollars gross in the late year, and with such a large
crop tonnage is not the only element in a road's prog- income there ought to be a chance for considerable
economies.
ress and welfare.
case being $3,471,704, or considerably over 40
cent.
The enlarged passenger revenues reflect the
activity and prosperity of trade, and show that the
In the net the changes have been comparatively
small, notwithstanding this steady and large addition
to gross receipts. For 1900-01 the total of the net is
$15,983,081, which is less than for the preceding
year, when the amount was $16,113,078; in 1898-99
the total was $15,253,959, in 1897-98, $14,989,276. It
evident, accordingly, that most of the gain in
is
RAILROAD GROSS EARNINGS FOR
SEPTEMBER.
We have another remarkably favorable statement of
Oar compilations below cover
September and show a gain over the
railroad gross earnings.
the
month
of
has been absorbed by augmented ex- same month
year on the roads reporting in the
penses. An analysis of this augmentation in expenses large sum of $6,536,704, or 10*46 per cent.
The imthrows an instructive light on the company's policy in provement is the more noteworthy as business was to
making, like so many other large companies, exten- an extent disturbed by the assassination of President
gross receipts
last
and betterments, and charg- McKinley. The day of the funeral (September 19)
Comparing 1897-98 with was a legal holiday, and business was also quite genering the same to expenses.
1900-01, we find that expenses in the later year were ally suspended on the day of his death, which occurred
$32,441,890, as against $26,272,218 in the earlier Saturday morning, September 14.
On the other hand, it is proper to say there were
year.
The addition is $6,169,672, of which only
$2,832,751 was in the cost of conducting trans- also some decidedly favoriDg influences we mean
General expenses account for $352,448 aside from the continued prosperity and activity of
portation.
All the rest was due industrial interests, which would ensure a large
more of the increase.
These maintenance volume of traffic over the railroads in any event. Thus
to enlarged maintenance outlays.
expenses were $14,770,901 in the late year, as against the Pan-American Exposition at Buffalo played an
only $11,786,427 in 1897-8, an increase of over 25 per important part in swelling the passenger business of a
In the earlier year the company carried $1,- number of roads, particularly those in New York
cent.
000,000 to Renewal Fund out of surplus earnings. State. The New York Central reports a gain for the
There has been no corresponding appropriation in month of $811,823, and there is good reason for believany of the years since then, but it would appear from ing that practically the whole of this was contributed
the great expansion in the maintenance outlays that by the passenger department.
In the Northwest the
all the renewal requirements are now directly in- roads suffered last year from the failure of the springwheat crop. This year, with that crop abundant,
cluded in expenses.
The income account shows that the company earned there are naturally noteworthy gains by contrast.
(on the basis of the liberal maintenance outlays noted) This applies to the Great Northern, which reports an
a surplus over and above the dividends paid for twelve increase of $720,112; the Northern Pacific, which has
months of $1,472,849. These dividends aggregated, an increase of $687,729; the Canadian Pacific, which
however, only 6£ per cent. To reimburse the North- has an increase of $554,508; the Milwaukee & St.
ern Pacific and the Great Northern for the annual In- Paul, which has an increase of $422,031, and to the
Then also it
terest they are obliged to pay upon the bonds they "Soo" road and a number of others.
have issued in exchange for the Quincy stock, it would should be remembered that last year the anthracite
be necessary for the Quincy to pay 8 per cent divi- coal strike was a disturbing feature, and that down in
dends. At that rate the requirements for dividends Texas nearly all the roads suffered more or less from
would be $8,846,216, and there would be a shortage of the havoc wrought by the great cyclone at Galves$720,809 on the late year's operations. Of course this ton, which nearly wiped out that place.
sive outlays for renewals
—
OCTOBER
THE CHRONICLE
12, 1901.]
Incontiadiaiiuotiou to thoae favoring influences, me
grain movement at the West (outside the spring-wiiuat
and the cotton movement
area)
South both un-
in the
761
outports aggregated only 440,807. bales, against 618,290 bales in September 1900 and
bales in
\
September
The
shipments overland were
year and 32,502 bales last year,
1899.
derwent the present year considerable contraction, 32,060 bales this
The re- againBt 79,651 bales in 1^
which therefore tended to reduce oarnings.
primary
markets,
owing RECEIPTS OF COTTON AT SOUIHtKN PORTS IH II
IB, AND FROM
ceipts of wheat at the Western
JANUARY 1 TO Shl'TKMHKK 30. IN 1901, 1«00 AND 1889.
to the large spring-wheat arrivals at Dulath and MinM January 1.
neapolis, reached 34,551,979 bushels for the four weeks
I'orle.
1899.
1901
1900.
1009.
ending September 28, against only 29,861,105 bushels
1.014.U:
178,708
Dales
?alT«ston
788.84J2
last
year,
four
weeks
but
the
rein the corresponding
l4
1641
1,910
80,004
Sabine t'usi «c
.3,877
H
114.358
205,111
186,280 l,0t0,02i> 1.047,7i.
ceipts of corn, which had dropped in 1900 from 26,- NewOrleant
15.282
27,477
11,168
18,367
90 261
93.926
Mobile
214,002 bushels to 17,524,363 bushels, dropped still Peusacoia. ko
1,078
8I.5-4| 131.020
8,818
107,041
2,401
-.it,
,
I
i
(
The
further to 12,784,494 bushels.
deliveries of oats
from 17,486,215 to 12,104,403 bushels.
Here are the details of the Western grain receipts in
also
fell
off
harleston
Port Royal,
*> UmliiKt on
(boli.)
Com,
OaU,
Barley,
Rye.
(bus A.)
(bush.)
ibush.)
(bush.)
(bu*ft.)
7,600,44- 6,747,831' 2.2><0.70'J
wks. Sept. .1901
713,19:,
8,888.103
497,040
wk». Sept. ,1900
8.421,885 ll.0lu.481 10.184.60; l,58i.00!i
Since J iiu.l, r."
7,192,226 8tl,2->4>2>> 71,081,944 70,616,83- 8,134,75'
SlnoeJan.1,1900 7, 224,60b 20.301,216 62,994,01- 74,390,696 10,456.127
1
1
291.252
194,302
1,731,092
1,471,500
Milwaukte—
946,050
934, 60J
978,62b
Since Jau.l, 1901 J,9i7,o25
Since Jau. I,l90u 2,251,900
U. Loutj-
7,3<8.45u
0.473,800
173.04&
2,046,672
wks. Sept. ,1900
214,4*0
3.010.490
Since Jan. 1, 14*01 1,627,246 17.500 098
Since Jau.l, 1900 1,900,666 14.50o.120
(oledn1,395.680
4 wks. Sept. 1901
8,4 1(
80,907
4 wks. sept. 1000
1,667,617
ti.565,461
667,981
Since Jan. 1. 1901
Since Jan. 1, l'.'Oo
664.08
5 600,730
222,42*
322,703
29.050
88,i:0<
732,600
454,800
1,988.660
5,010.701
7,398,500
0.139,700
8,206.950
138.000
83.450
911,260
787,150
1,208,526
905,8416,683,100 11,475,911
18.276.260 9,718.590
881,260
144,760
810.040
807,000
61.788
21.729
579,185
288.378
1,306,175
1,276.417
9.042.542
16,605,856
7.626
88.700
22-\85b
840,050
468,088
41,711
189,901
574,700
8.401 800
4,216.950
888,600
1, 119,7m
96,726
181.8S1
2,064,473
2,310,861
1,227,460
1.130,2-10
4,605,970
4,772,820
199.117
447,883
1.0H.210
198,500
1,653,511
48.328
184.289
892.671
1,913.854
1,929.122
7.492,724
8,600,834
462,637
1.027.100
6 900,693
8.988.0U8
151,200
60,450
1,211,000
410.800
1,482,000
1,791,500
13,012.1 1«
12.290.950
668,400
l,lo9,400
9.629,200
8.680.800
'69,132
137,282
l,000,i:M4
604,3(57
26rf,416
469,053
647,147
1. 984,700
8.095,449
2,001,347
336,836
63,752
221.30C
172,400
1,250.851
979,000
9,100
10,850
152.400
113,760
48.798
75.862
10
63,106
60
16.696
64,862
57,5dS
144.658J
13
89
204
368
16,839
47.283
120
32.8C6
67,660
71
188,007|
22 1,820
268.067
625
490
1,009
440,807
618.290
The reader need not be
030,531
09,526t
140.793'
1,216
7,678
26,' 2-
418,691
79.960
110,319
8.941
81,883
17.881
789,048 3.187,73 5 3,012,033 3,101, >-9
the presant im-
told that
provement in earnings succeeds successive gains in
the same month in other years. In this we are referring
to the roads as a whole, for there was an increase in
the aggregate even in 1900, notwithstanding th^ springwheat shortage, the anthracite coal strike, the
Galveston disaster, etc. These influences had the
effect only of reducing the amount of gain, not of
Oar
then recorded
In the year im$1,316,472 increase, or 2-21 per cent.
mediately preceding (1899) the improvement had been
just as striking as it now is, our statement for September 1899 having shown $6 081,159 increase, or 11-08
per cent. Again in September 1897 the gain had been
Here are the comparisons back to
very noteworthy.
wiping
it
out altogether.
tables
that year:
Ptona—
4 wks. Sept 1901
1 wks. Sept. 19(K
Since Jan. 1, 1901
Since Jan. 1. 190H;
4 wks. Sept. ,1901
4 wks. Sept., 1900
57,37k
8»,00(
734.6«7
02442i
603.E00
016.50U
10,712.781
2,827,043
Since Jan. 1. lHul 3,027,686, 20,121,471
Slnoe Jau.l. 1900 3,422,226 24,439,2:17
60.762
4.891.934
3,146,180
9,561,620
7,40u,180
64,874,612
199.613 53.084,010
168,630
245,600
8,243,000
4,152,001
Kansas Citywks. Sept., 1901
4 wks. Sept. ,1900
Since Jau.l, 1901
Since Jau.l, 1900
2,450,400
4,933,e00
22,7 * 1,400
23,489,618
519,300
390.760
8,701
7,2l)i
4
i88,eac
V7 1,874
AMnt. >fipn|(>4 wks. Sept. ,1901
4 wks. Sept.,19o0
oince Jau.l, 11)01
BlnceJaii.l, 1900
7,246,-te4
0,471,120
1'
,621
1,109,905
639,678
1,085,971
1,188,'
9'
7,869,44:
6,013,960
905,744
824,3 77
1,084,090
067,99
contraction in the grain
253,540
51,780
776,630
850,926
718,540
2.527, 40
1
1,740,490
Earnings.
Mileage.
Tear
Year
Year
Fear
Given.
Preceding.
Oiven.
Preceding.
September.
Miles.
Miles.
1897 (133 roads).
98.581
95,462
(107 roads).
,102 roads;.
100.119
96,161
100,391
101,068
108,800
1 to Sept 80.
1897 ,129 roads)..
99,501
255.888
109,922
753,161
313,616
1,186,93"
1898
1899
1900
1901
(189 roads)
(117 roads)
t
51,683,669
Increate
or
Decrtaet.
i
t
45.162.740 Inc. 6.885,823
48.989,885
46179.080 Inc. 8.780,805
99.147
60,962,319
54,871 10
97,678
104,076
60,761,201
59.444.732 Inc. 1,816.472
68,007,467
6', 170,751 Inc. 6,586,704
97,986
95,420
375,537,912
98,670
97.678
103,402
469,063,018
497.290.442
652.231,021
358,986.698 Inc. 10,541,214
339,913,009 Inc 37.485,394
420 655 03i I"no. 38.407,975
Inc. 6,031,159
465, 00
305,20
67,3(8
2,172,700
3,t
Jan.
4,000
Total of alt4 wks. Sept., 1901 1.S01.626 84,551.9?v-| 12,784,494 18,104,40H K.H02.021
4 wks. Sept.,1900 1360.779 29.Hrtl.103 17,621.803 17.488.8l!
4,072.070
Since Jau.l, 1901 16,41983- lOW,7H6,Hbl 139.030,687 12143=1917 20, 180.654
Since Jan.l, 1900 ir,0i0,096 152,796,124 168.9*5, 114 124704304 23,6:8.450
The
11.809
Newport News, Ao
Wheat,
4
Detroit
4 wks. Sept. 1901
4 wks. sept. iyoo
Since Jan.l, 11101
Since Jan. 1. 1900
Cleveland4 wks. Sept. 1901
4 wks. >cvt. 1900
Since Jau.l. 1901
Since Jan. 1, 1900
84.810
lorfolk
OMcaoo—
,1901
480.972
11,828
Ao
Total
wks
no.oo-'
6,977
Washington. Ao
RECEIPTS OF PLOUB AND GRAIN FOB FOI It WEEKS ENDING
SKPTKMIIBR 28 AND SINCE JANUARY L.
4
4
177.18-*
10,737
Brunswick, 40
our usual form.
1 wkg. Sei t.Ji'01
4 wkR. Sept., 1900
88,013
iaraunah
1.402.570
615,094
6.V03 672
8,544,188
1898 (128 roads).
1899 (114 roads).
1900 (107 roads)
1901 ( 99 roads).
96,119
9J.872
10l,0rt8
105,537
377.398,403
447.618.470 Inc. 49 671,966
502.728.987 Inc 49.502,034
In the case of the separate roads, the improvement
movement was par
numerous instances. We have
already enumerated some of the more conspicuous
primary markets. Here is a statement for that point
and a good many others might be mentioned. The
for the even month.
It will be noticed that the relosses are few and unimportant.
We show below all
ceipts of wheat, corn, oats, rye and barley combined
atrikirjgly large
is
ticularly striking
at Chicago,
the largest of
September the present year were only 25,028,780
bushels, against 32,237,437 in September 1900 and
for
38,208,364 the year before. It will also be noticed
that the provisions and the live-stock deliveries likewise fell below those of last year.
RECEIPTS AT CHICAGO DDRINO SEPTEMBER AND SINCE JANUARY
1.
changes, whether gains or losses, in excess of $30,000.
PRINCIPAL CHANGES IN GROSS EARNINGS IN SEPTEMBEB,
I mreases.
Increases.
New York
Since January
1901.
Wheat bush.
Corn.. .bush
Oats... bush.
Rye ...bush.
Barley.bush.
14:00.
1-99.
7,710 898
8,722,285
8,670,140
11,141.981
8,819.609
308,891
10.566.kl6
19.99U.62t
12,2S6,75»
195,802
821,464
1,745,181
1,459,726
2,110,708
2,465.405
1,011,55:7
2,031,892
^,298,245
10,103 877
7.980.081
1
17,437
507,216
Pork....bbla.
521
8.816
Cutm'ts.lbs.
15,770,963
17,648 484
4,249.471
620.757
lbs.
1900.
14,01.
8.817,0. 3
Total grain 26.02h.7p6
Flour ..bbls.
788,773
Lard
1899.
1.
4,514.642
639.630
87,169,150
71.417,527
70,790,223
26.101,110 20,449,648
82 894,013 H 4.227,054
7 1, 2 0,410
80 42' 170
38,208.864 189,420.270 195,149,147 221,193.725
470,688
7,210,034,007.157
7,141,267
69
3 090
1,011
7,870
14.888 087 129,563,923 189.735.007 152,468.005
8.329,436 58.176,811 48.3.5,017 51516 617
Central
Texas <fe
Hocking
...
$811,8'->3
Northern System.
Northern Pacific
Canadian Pacific
720.U2
5?>4,508
at.
Chlo. Mil. <fe at. Paul..
Missouri Paoiflo
422,031
380,000
Pitts.
iit.
Illinois Central
Baltimore
Louisville
Si I'tembtr.
in
the
all
& Ohio
& Nashville
Mtnn.St.P.&S.SteM..
St. Louis A Ban Fran.
Grand Trunk System.
Choc. Oklah. <fe Gulf..
Olev.Cin.Ohie.&St.L.
Mo. Kans. & Texas...
Chesapeake <fc Ohio...
Southern Railway
Denver & Bio Grande
Norfolk & Western
Clev. Lorain
<fc
Wheel.
Bud. Roch. &, Pittab'rg
Pere Marquette
'
687,7*9
& West'n Sy s
Mexican Central
246,()4t
Wabash
Wheeling
77,100
77,oe.i
67.410
66,195
62,751
Vail, y
Rio Grande Western*.
Louib southwest...
240,132
223,006
165.680
162,435
159.82S
156,306
138.279
137,441
89,«77
80,466
$60,312
62,033
5^,400
57,777
48,558
46,572
45,713
44,852
40,935
39,353
116
37,590
Pacific
Cin. N.
&
. .
L. Erie....
O.&Tex.
f:i(
Chio.Indplis&Louisv.
Tol. St. L. .« Western.
Seaboard Air Line
Total (representing
10 roads)
$6,305,665
Decreases.
Central ot Georgia
Mexican National
31.4,41
Total (representing
2 roads)
$94,525
For three weeks only.
We annex
our usual six-year statements of earnings
As to the cotton movement in the South, owing to of leading roads, arranged in groups so as to facilitate
the lateness of the crop, the receipts at the Souther u. comparisons.
Live hogsNo
685,9->6
0.280
91
5
106,008
THE CHRONICLE.
762
GROSS EARNINGS AND MILEAGE IN SEPTEMBER.
ARNINQB OF NORTHWESTERN AND NORTH PACIFIC ORODP.
t
589.407
$
466,406
t
418,668
2,663.492
660,016
3.640.7H6
2,8»6,:i85
8,844,689
1.826.080
629,429
670.916
651.640
624,146
438,181
8,728.481
8.879,402
8,092.186
8,210.807
2,878,180
169.018
162.758
154 640
$ 2,885,288
2.489,756
2,170.200
144.878
t
t
t
Bnrl.Ced.R.4 No
Canadian Pacific.
487,666
407.186
8.21S.OO0
Okie. Qt. West....
Ohio. Mil. A 8t. P..
Dnlath 8.8.4 Atl.
635,798
4,160.492
241,440
MX.488
BTeat Northern..
3,590,002 $2,876,850 $8,118,272
809,937
228,810
6"2,:«1
172,477
225.029
411,938
Minn. A.
St. Louis.
M.8t.P.4S.S.M.
Horth'n l'acltic.
8t.Paul4 Dnl.
& Or.
>
202.601
206.830
301.586
640.16V
874,449
874,479
104,411
489,222
199,010
135,419
668,710
128,671
470.181
17.787,475 15.172.40S 16,395,887 14.868.170 18.S32.16S 11,052.640
Total
I
207,688
870,800
62,941,466 2,510,1-40 1,888,177
169,641
177,391
184,226
69,445
109,066
106,441
370,988
488,940
486,784
518,760
68,296.753
63,819,284 b3131506(
Isl..
t>
237,831
876,090
>
Wisconsin Cent'l.
St. Jos.
222,083
Inclmles proprietary lines In these years.
In these years includes the earnings of Spokane Falls
4
EARNINGS OF BOOTHBBN GROUP.
September.
193,304
685,611
1.448,679
'432,162
0inJ*.0.4Tex.P.
&oaiiv.4Nashv.b 2,488,735
Mobile 4 Ohio.... +470,50?
Ha»h.Chat.4 8t.L, $626,653
1,405,107
Hortolk 4 West.
Southern Ry
Memphis Dlv
c3,068.121
8t. Louis Dlv:1
Taaoo
4 Miss. V a!
1897.
t
140,081
1896.
~~i
$
131,834
151,801
648,695
1,858,602
891,827
652,964
458,224
1,123,618
1,022,801
443,812
449,019
827,146
284,551
2,216,729
2,327,'a"
1.940.967
1,884,878
1,756,698
+476,976
$621,879
1,828,104
+478,809
$626 216
332,291
528.178
343,458
4 6.85l
1,232,870
1,018,976
1,028,80b
316.899
435.022
864.816
138.620
488.613
869,855
600,096
937,824
fc
(
( C2882310 c2.487.508 cl,9i5,366
c2.967.656
184,644
I
438,569
448.824
11,119,037 10,636,805
10,272.697
451,266
Total
1898.
•
178,369
t
Alabama Qt. So..
Cant. Of Georgia..
Cheaap.4 Ohio...
1899.
1900.
1901.
Northern.
1692234
i 115.156
147,149
143,143
309,506
329.401
143,642
372,790
8.845,318 8,011,281
7,474,923
•Figures for fourth week of September not reported; taken same as last year.
+ Includes Montgomery Division tor these years.
t Includes Paducah 4 Memphis Divisiou In these years.
• Freight on material carried for company's own use is no longer credited to
Darnings, the item having been eliminated from both earnings and expenses.
The figures for 1901 and 1800 are given on this basis.
c Figures for 1901, 1900, 1889 and 1898 Include South Carolina 4 Georgia,
Mobile & Birmingham and 161 miles of Atlantic 4 Yadkin and Atlantic 4
Danville.
EARNINGS OF SOUTHWESTERN GROUP.
September.
1901.
1900.
1899.
1898.
1897.
1896.
8
*
1
8
1
Name
of Road.
A No. East.
Ala. A Vlcksb
Vloksb. Shr.APac.
N. Orl.
Ann Arhnr
Atlanta Knoxv.& No.
Valdosta AW...
Ba timore A Ohio. 7
Bait. & O. So'wn. $
Btllefonte Central..
Bull. Rooh. A Pittsb..
Burl. Ced. R. A No...
Atl.
Canadian
Paolflo.
.
Central of Georgia..
Ohattan. Southern...
Ohesapeake A Ohio..
Ohio. A East Illinois.
Ohio. Great Western.
Ohio. Ind. & Louisv.
Ohio. Mil. <k8t. Paul.
Ohio. Peoria A St.L.
8t. L.Chlo. <fe 8t.P. 5
Chlo. Term. Tr. RR..
Choc. Okla. & Gulft.
Uin.N.O. & Tex. Pac.
Jlev.Cin.Ch.A8t. L..
Peoria A Eastern ..
Jlev. Lorain A Wheel.
Col. Sand. A Hooh'g.
Denv. & Rio Grande.
Detroit Southern
Dul. So. Shore & Atl.
East St. L. & Caron.
Kvansv. A Indianap.
Evansv. AT. Haute..
Find. Ft. W. & West.
»a. South. & Florida
*r. Trunk of Can. .. )
Gr. Trunk West.. >
Det.Gr.Hav.AM.)
«. No.— S. P. M. & M.
Eastern of Minn...
Montana Central..
Hooking Valley
niinois Central
Southern
Illinois
internat'lA Gt. No..
Interooeanio (Mex.)..
Iowa Central
Iron Railway.........
Choc.Okl.4G.
426.665
270.259
182,831
Den.4RloGr.
1,097,200
1,080,100
Ini.4Gt.No..
Mo. K. 4 Tex
Mo.P.4Ir.Mt.
B. Or. West..
at.Ii.4S.Fr.
SUIb South w.
y«xas4 Pao.
405.490
385,215
957,276
442,861
Total.
132,646
804,935
422.69?
378,948
118.855
103,891
731,313
1.483,102
1,326,861
1,328,477
1,258,378
1,246,567
628,026
886,381
1.206,808
3,823,000
2,943,000
2,794,661
2,485,689
3O1.5S0
2,e08,085
1,977,434
801,571
210 674
627.995
541,620
469,500
453,600
377,552
+1,658,101
+1,490,660
609,195
621,812
025,112
489,701
905,113
651,418
844,806
754,881
621,162
718,283
666,363
7C4.483
608,904
10,362.271
9,290,719
8,076,038
7,231.933
7,199.635
6,178,803
460,411
•Fourth week or September not reported; taken same as last year.
tEarnings for 1901 and 1900 cover the St. Louis A San Francisco proper and
the Kansas City Ft. Scott & Memphis and Ft. Worth & Rio Grande.
EARNINGS OF TRUNK LINES.
Lehigh & Hud. River.
Louisv.Hend.&8t.L..
Louisv. & Nashville.
ilaoon & Birming'm.
Mexican National..
Mexican Railway
Mexican Southern...
Minn. &8t. Louis
Minn.8t.P.A8.8te.M.
Mo. Kan. A Tex. sys b
Mo. Pao. A Iron Mt..
Central Branch
Mobile Jack. A K. C.
Mont. & Mex. Gulf...
Nash. Chat. A St. L.
N
Y.Cen.AHud.Riv.*
Norfolk A Western.
Northern Pacific
Pere Marquette
Pittsb. A Western..
.
September.
Sal. 4
1901.
1900.
$
$
Ohio
B.40.S.W
4,187,390
\
C.C.C.4StL
1.662,116
Peo.AEast
218,345
fi.T.of Can. )
©r.T.West > 2,628.773
B.6.H.4M
..
1898.
1897.
(
f
2.636,271
<
701,466
$
2.433,750
595,180
8,620,830
3,927,258
1896.
$
2, 892,931
525,561
1.523,837
1,604.226
1,400,326
1,239,096
1,123,256
196,695
186.060
170.785
1.868,730
302,172
168.01-8
151,089
1,968.693
1,838.788
281,289
252,971
92,203
107,639
f 2.0S0.958
310.489
97,832
2,488.949 <
'
)
6,688,672
5,874,849
4,843,781
4,234,062
4,537,679
94.115
3,981.467
1,681,283
1,616,670
1,497,841
1.238.639
1,203,609
1,060,030
17,024,679
15,607,058
14,161,517
12,592,654
12,633,833
11,320,186
B.Y.C.4 H+
Wabash....
Total.
1899.
+ Boston 4 Albany included only in 1901 and 190U: the Beech Creek RR. and
the Wallkill Valley RR. for all the years, and the Fall Brook system after
May 1, 1899.
WARNINGS OF MIDDLE AND MIDDLE WESTERN ROADS.
September.
Ann Arbor
JSufLRoch.
Chicago
4
4
Pitts
Bast 111.
Chlc.Ind.4 Louisv.
Clev.Lor.4Wheel.
BvanBV.4TerreH.
Hocking Valley...
Central $..
Pare Marquette...
Pittsb'g4 West'n.
St. L. Van. & T. H.
Tol. 4 Ohio Cent.
Tol. Peo. 4 West.
Illinois
4
So..
Total
1900.
9
143.187
660.843
493,795
388,593
239,612
8
134,659
494,618
478.659
122.116
119,697
349,210
172.132
1899.
\
189,746
107,683
104,429
208,367
170,241
168,789
7,922,688
7.197,034
338.231
396.276
448,626
371,141
171,826
125,081
199,271
256,884
8
121,065
141,638
409.693
227,793
98,276
£00,736
1898.
•
391,056
451,889
345,600
3,358,666 3,112,621 2,787,104
742,961
678,882
806,712
300,003
348,661
898,766
174,474
177,282
180.679
Tol. St. L. 4 West.
Wheel. 4L. Krie..
Clev. Can.
1901.
~1~
1886.
110,497
8
93,079
818,038
346,572
234,114
315.118
311,678
124,059
265,524
233,138
98,993
86,147
228,817
8,334,614
2,846,20.!
1,910.054
+867,961
299,904
+536,906
+499,097
287,740;
170,641
144,631
318,723
183,669
164,700
95,378
187,699
88,383
156,068
84.612
t
194,695
127,628
(
62,913
196,760
111,972
63.690
183,194
101.831
G2.493
5,821,296
117,943
St. Louis Alton 4 Terre Haute for all the
The Chesapeake Ohio 4 Southwestern and Ohio Valley are included for
1900 189H 1898 and 189? and Chicago 4 Texas for 1901, 1900, 1899 and
H9.h
Includes the operations of the
'
.
173,369
+ 19,935
310
310
156,006
67.762
71.383,
68,849
143,127
134,559
52,880
36,341
16.829
22,906
4.167,390 3,927,258
2,767
5,029,
560,843'
494,648
467.135
487,066
3,218,(00 2,663,492
585,611
648,695
—1,028
+9.892
196
143
188
292
228
196
143
188
292
Haute
A
Peoria...
Texas Central
Texas A Paoilic
Tex. Sab.Val. A N.W.
Tol. A Ohio Central..
Tol.
A West'n.
A West....
Peoria
Tol. St. L.
W £»0£LSll. ..*••>••->••
Wheel. A Lake Erie
Clev. Can. A 80..5
Wisconsin Central...
Yazoo
A
Miss. Val...
8
*
154,978
77.654
7,498
1,448,579
493,795
635,973
388,593
4,150,492
118,720
134,906
426,565
+ 2.534
+ 8,568
+ 16,539
+ 6,077
+ 240,132
+ 2.262
+ 66,19."
+ 20,531
8,488
1,358,602
472,659
629,429
349,240
3,728,461
112,251
122,355
270,259
9,635
2/70,128
2,628,773
2,468,948
2.859,299
565,600
172,063
451,289
3,358,666
11,923
405,490
2,308,973
396.210
171,637
391,056
3,112.621
10,525
385.215
2/212,400
2/227,720
202,561
6,129
83,049
32,468
58,704
2,438,735
8,470
2,491
1,325,266
567,208
205,830
4,020
64,987
37,037
56,887
2,215,729
10.187
7.282
1,278,694
598,649
2/244,100
2/42,615
2/239,100
301.535
540,159
1,463,102
3,209,000
114.000
12,978
470,500
124,408
625,653
6.686,672
1,405,107
3,819.234
805,712
+ 138,279
+ 21,750
+ 67,410
3,200
27
472
27
472
1.291
1.17!
1,891
1.891
352
192
273
352
192
273
1,722
1.675
423
589
13
146
162
82
285
423
589
13
146
162
82
285
+159,825 4,042
4,042
+550,326 4,598
353
262
347
+60,233
+246,045 4,265
96
+ 1,398
+20.275
885
—15.320
555
—3,269
510
+ 2,109
20
+ 18,062 173
—4,569
90
166
+ 1,817
+223 006 3.269
—1,717
97
-4,791
64
+46,572 2,186
—31,441 1,323
+ 5,000 321
—1,004
260
+27.086
643
+165,680 1.355
+137,441 2,480
4,549
+ 24,191
+ 77,100
+15,272
+ 19,357
5
+722
—3,276
+2,519
+25
—4,503
+ 169,360
+ 426
V43.619
274,449
374.479
1,325,661
2,807,000
136,000
9,915
475,976
120.343
624.879
5,874,849
1,323,104
742,961
47,463
46.703
2/339,000
2/279,600
104,411
14,663
1,653,101
609,195
177,282
79,111
883,891
20,443
57,459
3,068,121
144,977
46.470
50,168
905,118
10,500
227,793
96,276
208,357
1,661,283
300,736
489,222
451,265
128,571
11,325
1,490,666
551,418
174,474
73,498
84fr,30l
20,941
34,346
2,987,655
142,198
41,601
51,550
844,806
11.600
199.271
107,688
170,241
1,615,570
255,884
470,184
432,569
3,996
96
820
555
510
20
173
90
166
3,152
97
64
2,054
1,323
321
228
643
4,938
388
50
876
390
388
50
876
390
+774 1,195
1,195
3,222
1,660
5,457
1,766
+ 402,000
—22.000
+3,003
-5,476
+4,065
+811,823 3,222
+ 77,003
1,675
+48,558
300,003
304
262
347
1,278
2,222
4,938
+687,729 5,255
+62,751 1,766
3,131.505
348,561
3,200
1
2/65,625
218,345
289.542
107,542
1,097,200
110,135
241,440
13,250
27,879
122,116
226
118
+554,508 7,563 7.438
—63,084 1,845 1,641
—990
105
105
+89,977 1,601 1,476
727
727
+ 21,136
929
929
+6,544
546
546
+39.353
+422,031 6,571 6,422
292
292
+6,469
102
107
+ 12,551
632
563
+ 156,306
336
336
+40,935
2/255,580
1,523,837
196,595
172,132
83,351
1.020,100
94,863
222,08
12,528
31,155
119,597
9,610
j/296.515
1,662,116
118:
352
352
+760
180
+59,400
646
—24,160
312
+3,338
68
+162,435 8,179
+57,777 1,293
+2,808
158
+5.613
224
180
636
312
68
+ 37,590
2,600
182
+23,113
+80,466
+2,779
+4,869
—1,382
+60,312
-1,100
+28,522
—11,412
+38,116
+45,713
+44,852
+19,038
+18,696
154
-498
6,738
80
3,049
1,258
158
224
2,600
182
154
6,735
174
227
80
174
215
1,665
1,514
40
393
248
451
40
393
248
451
2,367
2,358
464
950
464
950
1,091
1,021
Total (102 roads). 69,007.457 62,470,753 +6.536,704 106200 104075
* Boston and Albany included In both years.
t Earnings here given are for railroad only and do not cover mining
operations
6 Includes Sherman Shreveport A Southern, Missouri Midland, and
extension to San Antonio from May 15, 1901.
y Figures here given are for three weeks only of the month in both
years; the fourth week not yet reported.
GRO8S EARNINGS FROM JANUARY
Name
of Road.
1901.
1
TO SEPTEMBER
1900.
Increase.
30.
Decrease.
6,456.909 4,709,856
7fiajs.
'
A
Santa Fe Pres. A Phx
Seaboard Air Line..;
So. Car. A Ga. Ext...
Southern Indiana
Southern Railway.. ^
St.Louis Division >
T. Haute <fe Indianap.
T.
323,626
134,130
108,067
241.888
233,604
6,597,882
1897.
A
1900.
8
193,301
A
St. Louis
8. Fran..
8t. Louis South wes'n
T. H...
8t. L. Van.
Increase or
1901.
Decrease.
1900.
Tol. >
Pittsb. CI.
Pittsb. Pa. A Fair.)
rtio Grande South'n.
Rio Grande Western
St. Jos. A Gr. Island..
3t. L. Kennett A8o..
Mileage.
1901.
Alabama Gt.Bouth'D
A.la.N.O. ATex. Pac—
Kanawha A Mleh
t
Eamtna*.
Grot*
1896.
1897.
1898.
1HU9.
1900
1901.
September.
[Vol. LXXIII.
1898. Result* on Yazoo Branch are not included for 1901, 1900, 1899 and 1898.
+ These figures are simply the totals of the Chicago 4 West Michigan, Detroit Grand Rapids 4 Western and Flint 4 Pere Marquette combined.
Alabama Gt. Southern..
A Tex. Pac—
N.O. ANortheast'n...
Alabama A Vicksb'g.
Vicksburg Shr. A Pao.
1,676,773
1,485.821
1.400,376
678,268
653,569
1,396,427
$
190,952
41a. N. O.
545,005
477,411
3,949
133,263
176,158
$
October
name
of
THK CHRONIOLK
12, 1901.
Road.
1901.
Increase
1900.
Increase
~~9~
Ann Arbor
Atl.
Knoxv.
1,313.132
383.511
Sc Nni-th'n
A
65.154
1,247,978,
821,411
62,10(i
Baltimore & Ohio
)
Unit, A Ohio So'w'nf
11)3.32'.
156.842
36,480
36,201,38."
32,952, ti73
3,248,712
Bellefonte antral
Butt. Koch. A Pittsburg
Burl. Oed. Kai>. Jt No..
36.(166
4,610.1 11
5,389.53;
81.8a7
4,205 338
3,4MH,y87
21,945,448
4,587.911
70,675
10,455,190
3.808,66s
5,019,796
3,228.79?
31.672.342
29.b4l.820
987.907
1,028,364
1,120.017
3.693 081
i/i. ~;>3. 791
1,003,258
2.458,803
Atl Valdostu
West..
I
Canadian Paclrlo
Central of Oeorjfla
Chattanooga Southern
Chesapeake <k Ohio
Chic. & East'u Illinois..
Chlo. Great Western...
Chlo. I ml. A Loulsv
Chlo. Mllw. & St. Paul.
Chlo. Peoria A 8t. L.. >
Bt. L. Chio. A St. P. J
Chlo. Term'l Transfer.
choc. Oklati. a (iiiir.t.
Oln. N. O. <fe Texas Pao
Ulev. Cln. Chio. A St. L.
.
Dul. So. Shore <fe Atl..
East St. L. A Carondel..
EvaiiHv. <fe Indianapolis
Evansv. & Terre Haute
Flndlay Ft. W. A West.
Ga. Southern A Florida.
f
>
Det. Gr. H. A Mllw..)
Great No. St. 1\ M. AM.
23.758,1 6t
5,019.961
66,17(
11.709, 14<
4.293,968
13592.U4
Peoria <fc Eastern
Cleve. Lorain A Wheel
Col. Sand. A Hooking..
Denv. <fe Rio Orande.
Orand Trunk
Or. Trunk Western..
3.760,132
1,934,257
1,694,586
847,730
8,527.62!
1,909.111
118,745
230,422
1,094,608
80,186
V871.803
3.053. 1)34
18,140.570
2,981,976
1.566,«2i
1,678,439
186,516
120,755
117.317
3,499,121
Interooeanlo (Mex.)
Iowa Central
Iron Railway
Kanawha A Mlohlean.
Lehigh & 11 udson River
Louisv. Hend. A St. L..
2/3,014,300
1/3,080,628
1.721,219
52,264
717,196
318,868
1,623,262
49.813
610,131
Louisville
22,066,07t
77.955
81,466
12.869.280
5.715,848
3,558,70!
Manistlque
Mexican Central
Mexican National
Mexloan Railway
Mexican Southern
Minneapolis A St. Louie
Minn. St. P.A 8. Ste. M.
Mo. Kan. & Texas sys..
Mo. Pacific, <fc Iron Mt..
Central Branch
Mobile Jaok. A K. City.
Mobile & Ohio
'.
Monterey A Mex. Gulf.
Nash v. Chat. A 8t. LI..
New York Central
Norfolk A Western
Northern Pad tic
Pere Marquette
Pittsburg & Western..
Plttsb. Cleve. ATol. }
Plttsb. Paines. A F. . >
Rio Orande Southern.
Rio Orande Western
.
8t.
St.
Louis Southwestern
Louis Vand. A T. H.
Santa Fe Pres. A Phx..
Seaboard Air Line
A Ga. Exten...
Southern Railway ... >
St. Louis Division.. 5
T. Haute A lndianap. ..
Terre Haute & Peoria..
So. Car.
Texas Central
Texas A Paoino
Texas Sab. V. A N. W.
Toledo A Ohio Central.
Toledo Peoria A West'n
Tol. St. Louis Western..
Wabash
Wheeling A Lake Erie
Cleve. Canton A 80..
)
A
Miss. Valley..
Total (99 roads)
2,451
107,065
35.958
29,827
1,990,872
11.792
10,914
18.838
216,604
212,100
5,932,452
3,676,524
11.503,703
25,503,958
1,021,437
111,394
4,436.900
1,033.842
5.664.660
46.583.096
11,954.684
26,013.40?
6,749,928
3,475,280
8,917.283
21.985.19b
1,024.311
94,937
4,310.787
1,045,693
5,419,589
43,366,892
ll.163.189i
23,047,321
6,045,411
3,226,202
2,967,382
258,820
2,269
270,512
60,172
395.341
393,072
5/3.606.303
2/3,335,791
1,054,478
105,791
9,956,628
5,195,246
1,524,121
726.256
8.403,019
196,993
994,306
78,268
8.072,768
4,185.977
1,437,702
734,97b
7,315.735
2,098
438,857
201,244
2,586.420
3,518.762
2,874
16,457
126,113
11,851
245,071
3,166,204
791,495
2,966,084
704,517
1,685,794
1,190.745
354.63t
268,475
6,172,298
81,040
1,858.14*
822,102
1,405.814
12,284,887
54,832
191,954
1,837,151
13,260
148.137
28,728
608,342
1,044,727
2,306,305
2,087,570
4.146.702
4,231,853
4,011,366
3,419,332
218,735
135.336
812,521
731,931
49,502,0'.4
Earnings from August 1 are for railroad only.
Includes Paduoah A Memphis Division In both years.
1/ These are the earnings to the third week of September only.
t
I
ITEMS ABOUT BANKS. BANKERS AND TRUST CO'8.
—The sales of
bank stocks at auction this week aggregate
Transactions in trust company stocks reach a
total of 71 shares. No sales of either class have been made
at the Stock Exchange. Ten shares of stock of the National
City Bank of Brooklyn were sold at 291%, a gain of 11%
points over the last sale price in March. In the "curb" market there has been some inquiry for stock of the National
City Bank (N. Y .), with sales at 600-601.
80 shares.
;
— Francis A. Palmer, the retiring President of the National
Casimir Tag, President of the German- American Bank,
has been elected President of the German Savings Bank
succeeding the late D. H. Moller.
The "Manila American," in a recent issue, announced
the opening of an American bank in that city September L
The capital is $100,000 and the charter is under Spanish
banking laws. The projector, Major H. B. Mulford, claims
that the Spooner bill does not place any obstacle in the way
of conducting a legitimate banking house in the Philippine!?,
—The 15,000,000 marks 'S}4 per cent bonds of the City of
Frankfort, Germany, which were brought out by Speyer &
Co., were on Wednesday admitted to the list of securities on
the New York Stock Exchange, dealings to begin October 15.
In admitting these bonds to the regular list, the Stock
Exchange authorities, according to their custom, have for
the purposes of calculation based the quotation on a unit of
dollars for foreign currency, and have adopted an arbitrary
rate of 4 marks to the $1. This is equal to 25 cents per
mark, which is an overvaluation, the actual value of the
mark at the ruling rate of exchange being, roughly, 23;i
cents. As a oonsequence the Stock Exchange price will be
lower than the price at which the bonds were brought out.
This latter was 96, which is the equivalent of 91-63 under
the Stock Exchange method of quoting. In other words,
bonds sold now at an official Stock Exchange quotation of
91-68 will bring the same amount of money as was originally
paid when the bonds were sold under Speyer & Co.'s prospectus.
Basics— New York.
Shares.
30 Citizens' Bank, National
40 Commeroe, Nat. Bank of
Price.
Banks —Brooklyn
10 City Bank. National
Last previous
sale.
160^
June 1901—
357J-3
Sept.
2913i
Mar. 1901—
280
260*4
July 1901—
265
245
1701$
1901— 380
l
Trust Companies— New York.
50 America, Trust Co. of
21 North Amerioan Trust Co
will
—
24,904
552,231,021 502,728,987 50,233,965
Net lnorease
floor
—
8,722
189,254
The main
be lighted from rotundas, one in thejeentre and the other in
the rear, and access to the floor will be obtained wholly from
the Broadway front. The new building will be occupied
almost entirely by the bank; the Illinois Central Railroad
Company's offices will be retained by that corporation. The
object in view in planning the^extension has been to give the
employes of the bank the greatest possible room for their
work also the better to accommodate the patrons of the
bank and amply to provide for its rapidly increasing busiThere will be no attempt at display in the new structness.
ure; it will be arranged plainly and substantially and with a
view to obtaining the most efficient results.
Bank.
27,52:-
23,859.548
Fulton Street, making the ground plan
of the new structure in the form of a T, the baBe being the
Broadway end of the building. The facade of the Broadway
front of the bank will not be changed, but instead of ttw
entrance being by means of a double flight of step?, the main
floor of) the front of the building will be extended, embracing
the hallway, to a line with Broadway, so as to accommodate the
executive officers of the bank. Beneath the main floor and on
a level with the street will be a corridor in the centre with
entrance on Broadway, extending toJ>bont the middle of
the building. On one side of this corridor will be the Safe
Deposit vaults, as at present, and on the other side the Foreign Exchange department of the bank. Both the vaults
Access to
and the Exchange offices will be enlarged.
be
by means of a short
the banking floor will
steps
the
end of the corridor. The
at
flight
of
main floor will be spacious, with the tellers' and clerks'
desks in the centre, occupying the whole area of the building except the Broadway front, which, as above noted, will
to
Broadway Bank, on Thursday distributed among the employes of that institution and of the Broadway Savings
Bank, of which he is President, the sum of $20,000, apportioning the amount according to length of service of the employe. Mr. Palmer will continue as President of the Savings
1,883,860
1,009,309
86,41f
1,087,284
7,739
now in progress for the extension of
National
Park Bank. Old structures 00
the building of the
Ann Street and on Fulton Street, in the rear of the bank
building, are being demolished, and the construction of the
bank extension will soon begin. The plans contemplate the
erection on the rear of the bank of a building of about the
same heighth as the bank, which new building will exb
be reserved for the executive offioers.
97,957
2,526,89ii
25,515,342
1,165,841
409,468
460,429
8,009.449
94,300
2,0)6.281
860,830
2,014,156
13,329,614
859
17,391
66,328
i/3.342,300
j/623,931
2,088,0351
1/3,130.200
1/626,029
54,126
460,79(3
354,826
472,993
20,075,204
66.163
92.380
12,888,118
5
Wisconsin Central
Yazoo
502,820
.
& Grand Island.
Ken. A Sou...
Bt. Louis A San Fran
Bt. Jos.
St. Louis
40,457
1,140,515
28,361,356
3,258,331
A Nashville..
10.505
1.253,050
485,300
369,737
171.861
1,830,52^
20,096,074
— Preparations are
from Ann Street
432.050
21,236.589
Illinois Central
Int. at Great Northern.
Maoon A Birmingham..
871,440
1,812,723
116,759
1.234.27H
181,690
1/3.612.101
12,466,562 1,125.882
196,716
1,737,5111
1,620,8H0
78,696
20,916
826,784
7.946.874
580,755
1,963.237
119.104
247.813
49,578
1,045.030
76,765
3,421
13,114
1/858,689
16,462.131
2.795,459
1,445,867
3.441.389
24,862,235
2.797.535
Eastern of Minnesota
Montana Central
Hooking Valley
404,77(i
703
244^-245
Oct.
1901—
4
To facilitate dealings in these bonds in this country, Messrs,
Speyer & Co. had them listed on the New York Stock Exchange
and to meet the Exchange requirement the house arranged
with the Frankfort authorities to have the bonds engraved
This is the first instance
country at its expense.
in this
THB CHRONICLE
764
we
believe in
which a bond
issue of a
has been engraved in this country.
the American Bank Note Co.
European municipality
The work was done by
[Vol. LXXIII.
W. T. Crawford. The President
Cashier William J. Bayersdorffer.
is
Mr.
W.
B.
Jacobs and
— In last week's issue we erroneously made Mr.
—John
D. Rockefeller Jr. has been elected a director of
National
City Bank. This makes two members of that
the
name on the directorate of this bank; William Rockefeller,
uncle of the above, has been a din ctor for some years.
of 187 Clark Street, Chicago,
Ben Block
manager of one of the newly(Jeorge H. Phillips. Mr. Block
established branch offices of
has opened an independent office as broker in grain, provisions and stocks, is a member of the Chicago Board of
Trade, and has excellent New York connections by private
Union Trust Company of Pittsburg has
wire.
further decidedly appreciated in market value. We had
Ootober 1st the "Illinois Trust & Savings Bank" of
occasion to mention the matter in these columns on June 1,
when the stock was quoted at 520 bid. This week it has Chicago emitted the $1,000,000 additional stock authorized
and its surplus
risen to 710. We gave particulars of the growth of the com- last July, making its capital now $4,000,000
and
A
Bale
of the new
undivided
000.
profits
about
$4,800
pany's business in our issues of June 1 and April 13, but we
stock
is
recorded
at
§750.
may note that deposits have further increased from $15,649,—The Dollar Savings Bank Co. of Toledo, which was organ881 (on May 22 1901) to $19,250,000 on Sept. 30 1901. Surplus
ized
to
in June and began business on September 3, will probafrom
time
and profits have grown in the same
f973,877
bly
President;
increase
its capital from $200,000 to $250,000 in the near
$1,081,651. The officers are: H. C. McEldowney,
future.
The institution is understood to have been quite
A. W. Mellon and J. M. Schoonmaher, Vice Presidents;
successful in obtaining business during the short period of
William A. Carr, Treasurer, and H. W. Gleffer, Secretary.
its existence.
Mr. C. A. Browning is President; C. A.
—Mr. Martin D. Fink ha3 been elected to the presidency
Leeper, First Vice-President; C. S. Burge, Second Viceof the Hamilton Bank of West 125th Street, filling the vaPresident, and C. M. Edson, Cashier.
cancy caused by the resignation of Mr. Edwin S Schenck.
Mr. Henry B. Qainby is the new President of the LaThe latter, it will be remembered, is now Vice-President of
—The stock
of the
—
—
the National Citizens' Bank of this
city.
—
The plans for the reconstruction of the old Maritime
Building at Third and Dock streets for the use of the Philadelphia Stock Exchange, which were approved by the Board
of Governors early last week, were submitted to the members at a general meeting on last Friday afternoon. It was
decided to go ahead with the remodeling, the expense not to
exceed the amount of money now in the treasury (between
$150,000 and $200,000). This will necessitate modifications
in the plans. There has been quite a little opposition to this
movement, some of the members believing it inadvisable to
move from their present quarters in the Drexel Building, and
the large outlay proposed is also objected to. Mr. Edward
B. Smith of the well-known firm of E. B. Smith
Co. has
expressed bis dissatisfaction by resigning from the Board of
&
Governors of the Exchange. The building to which it has
been decided to move was once the home of the Exchange,
and it was recently presented to the organization.
—
Mr. Henry C. Knox, wno for a considerable time
served the Paterson National Bank, Paterson, N. J., as
Cashier, has been elected by the directors as Vice-President.
The new Cashier is Mr. Elmer Z. Halstead. Mr. John W.
Griggs
is
—The
at the
head of this
institution.
the Old Town National Bank of Baltitimore, Md., recently converted from the Old Town Bank,
officials of
remain unchanged— Jacob
B. Williams, Cashier.
began
last
W. Hook, President, and Milton
Business under the national system
Saturday.
—
The Anaconda National Bank has been organized in
Anaconda, Mont., with $100,000 capital. Those interested
are Mr. J. W. Young, of Anaconda; H. Wadsworth, S. P.
Young, H. H. Kirby Jr. and H. U. Maxfield.
—
It is expected that a new trust company will shortly be
organized in Pittsburg under the title of the Colonial Trust
Company. Mr. James C. Chaplin, Treasurer of the Fidelity
Title
Trust Con-pany of Pittsburg, is understood to be one
of those interested in the proposed institution. Thus far
nothing definite has been decided regarding the date of in-
&
corporation, capital or
cember
—Mr.
1
officials,
and
it
will probably be De-
before full facts can be obtained.
conia National Bank, Laconia, N. H., vice Charles A. Busiel,
deceased. Mr. Quinby, who had been the Vice-President, is
replaced by Mr. J. Alonzo Greene.
—A meeting of the stockholders of the West End Trust &
Safe Deposit
cember
Company
11 to consider
of Philadelphia will be held on Dean increase in the capital from $500,000
to $1,000,000.
— The application for a charter for the Marquette National
Bank of Marquette, Mich. has been approved by the Comp,
Among the list of incorporators appears
the name of
Mr. Edgar H. Towar, Vice-President of the only other national institution of that city, the First National. The other
organizers are: Mr. Daniel W. Powell, Josiah G. Reynolds,
troller.
John M. Longyear and Frederick W. Read.
The bank has
been capitalized at $100,000.
—The official report
of the twelfth
annual convention of
the Minnesota Bankers' Association has just been received.
Bound in a handsome paper cover, it is an excellent specimen
The convention was held in Duluth
July 24 to 26, and in the Chronicle of August 3 we gave an
account of the proceedings. The report now published contains a record of the social features of the occasion as well as
of the more serious work of the meeting. All reports, papers
of the typographer's art.
and addresses, and
also the constitution of the Association,
making the volume a useful addition
to
are as follows:
President, J. R. Mitchell, Winona Deposit Bank; Vice-President, J. W. Wheeler, First National, Crookston; Treasurer,
George H. Prince, Merchants' National, St. Paul; and Secre-
are printed in full,
our shelves.
tarp, Joseph
The
officers elected for 1901-1902
Chapman
Jr.,
Northwestern National Bank of
Minneapolis.
—A
successor to Mr. R. W. Jones Jr., who has resigned as
President of the American National Bank of Kansas City,
Mo., has been chosen by the directors in Mr. C. S. Jobes already installed in his new office. Mr. Jobes nas for the past
few years occupied the post of United States National Bank
Examiner, his territory covering the States of Missouri,
Kansas, Oklahoma and Indian Territory. The retiring Pres-
—
ident of the American National is to become Vice President,
it is understood, of the reorganized Seventh National Bank
of this city.
controlling interest in the American National
A
become President of the
Western Savings Fund Society (Philadelphia) of which he
had formerly been Vice-President, has resigned as president
of the Commercial Trust Company, also of Philadelphia. Mr.
C. Stuart Patterson, having
,
Patterson, however, will continue as a director of the latter
company.
—Mr. Frank W. Gale
has been elected President of the
United National Bank of Providence, R. I. This institution,
it will be recalled, was formed by the consolidation of four
banks of Providence, and at the time of merger Mr. Gale was
made Cashier. While Mr. Gale will continue temporarily to
fill both capacities, he will ultimately be relieved of the
duties of Cashier.
—Mr. W. F. Dillon has been appointed Vice-President of
the First National Bank of Shreveport, La., in place of Mr.
is
said to have been purchased
by Mr. Jobes and another
party.
—The Bank of .Commerce of
Norfolk,
worthy growth we recently referred,
is
Va
,
to
whose note-
to be reorganized as
a national institution. The stockholders, who met last week
to consider this change, were unanimous in their approval of
the same. It is probable also that the capital of $200,000
will be increased. Nothing definite, however, will be decided on this point until Tuesday next, when a joint meeting
of the stockholders and directors will be held. Application
for a charter for a national bank is to be made at once.
—The
stockholders of the Salem National Bank of Salem,
November 6 for the purpose of voting on
the proposition to reduce the capital stock from $300,000 to
$200,000— already recommended by the directors. The reMass., will meet on
OCTOBER
12,
1901.]
THE CHRONICLE.
duction will be made by the retirement of 1,000 shares of a
par value of $1U0 each. The officials of the institution arc:
President, J. T. Mahoney; Cashier, H. C. Millett, and Assistant Cashier, Geo. A. Vickery.
brokerage firm of Messrs. William S. Felton ev Co.
of Salem, Mass., have removed to more commodious quarters
on the ground floor of the new Salem Theatre Building, 868
—The
Essex Street, Salem.
—The meeting
of the Tennessee
Bankers' Association at
Nashville on Tuesday and Wednesday of this week attracted
a large gathering. The program was a varied one. The
Horse Show being in progress at the time, that was included
as one of the divertisements. One of the afternoons was devoted to a visit to the Hermitage, while a Dutch luncheon at
the University Club was also tendered the bankers. Aside
from this, interesting addresses had been prepared for the
occasion. These were as follows:
"Legal Duties of Hank Presidents and Cashiers, as Distinguished
from Eaoh Other," by Mr. J. T Burnett, President Farmers' & Merchants'* Bank, Tipton ville, Tenn.
"Local Co-operatirn of Banks" by Mr. A. 8. Williams, Cashier (Mty
Savings Bank, Nashville, Tenn.
"Tennessee Bonds, State, County and Munioipal, as Investments for
Savings Banks and Trust Companies," by Mr. John W. Faxon, AsBlst"
ant Cashier First National Bank, Chattanooga, Tenn.
"Eileot of Non-Negotiable Clause In Bills of Lading" by P. D. Maddin, Attorney for thi« Fourth National Bank, Nashville, Tenn,
"Legality of Married Women's Contracts" by G. N. Tillman, Vloe
President Merchants' Bank, Nashville, Tenn.
The usual reports of the officers were of oourse read— that of the
President. Lexis S. Parks, of the First National Bank of Union City,
reviewing generally the banking condition in the United States.
[From our own correspondent.]
London, Saturday, September 28, 1901.
The "break" in copper and copper shares in New York has
made a very bad impression upon all the Stock Exchanges of
Europe and has given rise to various pessimistic rumors during the week. Both in London and in Paris there has been
very little belief at any time in the permanent success of the
Amalgamated Copper Company, owing to the failure of all
previous attempts to control the copper markets; but it is
recognized everywhere that the task of the company has
been made extremely difficult by the great depression in
trade throughout Europe and especially by the severe crisis
in Germany.
Dp to about a year ago the consumption of
copper was immense upon the Continent, and particularly in
Germany. Now distrust in that country is so great that the
banks are restricting in every direction the accommodation
they give to their customers; and consequently business is
greatly lessened. In particular, the consumption of copper
has fallen off; and as a natural result the imports of copper
from the United States into Europe have declined materially
during the year. That being so, the general impression
amongst the most competent observers in London, Paris and
Berlin is that the price of copper has been kept up too high,
and that a very material reduction must take place if the
trade is to be once more put upon a proper footing.
Every department of the Stock Exchange has been made
more or less apprehensive by the " break." Buying has been
very much restricted, while "bear" sale3 have been on a considerable scale. The sharp fall in Rio Tintos has likewise
produced a bad impression in Paris, where they are held upon
a very great scale, and the general weakness has caused some
small decline even in the gold- mining department. Trade
upon the Continent was already very bad, and this new influence has made it worse. In Germany particularly there
are failures reported every day and the distrust has been increased. In Russia the crisis also continues; and though
very little is really known of the internal condition of the
Empire, it is believed that the crops in Sauthern Russia are
very bad.
The shipping trade here at home is complaining loudly.
Owing to the large number of ships chartered by the Government in consequence of the South African war, shipowners
for a long time did a very profitable business and freights
ruled high. Now it is said that freights have fallen eo low
that it is impossible in most cas98 to make a profit. It is
alleged, indeed, that in some cases shipowners are carrying
grain from America and Argentina merely as ballast; and in
almost every other direction there are likewise complaints
that the check to trade is deepening.
The money market has been less affected than might have
been anticipated by the uneasiness created by the "break" in
copper, mainly because of the immense amount of capital
765
now being employed by the leading French banks
London,
in
evtrytln
iniu that the
French banks have withdrawn from that <• mutry the capital
they were employing there; and as there is an entire unwillingness to engage In new enterprise at bomo, and as, moreover, the Russian loan is not to b<- brought oat until some
tirue next, year, the French banks find it extremely difficult
ney profitably. Every day, therefore, they
to use their
In
are increasing the sums they are emplo> n g In London.
London this week there has been some Increase in the demand, owing to the Stock Exchange settlement, the paymenta of instalments on recent issues, and the movements
that always take place at the end of the quarter; but the
beet opinion is that rates will fall away again early next
week, that in fact unless large gold shipments take place the
money market will continue extremely easy. In France
there are preparations being made for a few small loans to
Denmark, the Chinese Province of Yunan, and so on; but these
are trifling compared with the immense accumulation of
idle money; and except in London there seems at the moment no outlet for the accumulation.
In Germany, while the banks are restricting in every possible way, the accommodation they give to their customers, the
Imperial Bank has been both discounting and lending in a
most liberal way and is gaining golden opinions throughout
the Empire. The action of the other banks in limiting accommodation is necessarily placing almost all traders in a
most difficult position, and consequently the fear is that even
more failures may take place. It is not surprising, then, that
half a million sterling in gold has been withdrawn this
week from the Bank of England for Germany, for obviously
precautions have become necessary. Besides, at this time
of the year there is always a large outflow of money from
Berlin to the agricultural districts; and the banks have
had to make preparations for them. It i« not thought, however, that very much will go to Germany, and consequently
it is not expected that there will be any change in tne discount rate of the Bank of England unless gold shipments on
a considerable scale begin for New York.
Meantime, the value of money is rising in India, the Bank
of Bengal having this week increased its rate from 4 per
cent to 5 per cent; and it is expected that the Bank of Bombay will soon follow. The India Council is selling its drafts
It offered for tender on Wednesday 40 lacs and
fairly well,
the applications exceeded 994 lacs. The whole amount offered for tender was allotted at about Is. 3 31-321. per rupee.
Later in the day a small amount was sold by special contract
at Is. 4d. per rupee.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, <&c.
ucreat
the distrust of
is
m
1901.
Sept. 86.
1900.
Sept. 26
S
X
29 500,091
iroalatton
'abllc deposits
nher deposits
overnment securities
29.401,660
10 883.704
40.758,049
Rberseourltles
reserve of notes and ooln
25.t68.sti7
J6,tJ8\467
JolnAbulllon.bOthdepartm'tS
2S,oli,0*l
38,687,691
Prop, reserve to liabilities.. p.o.
lank rate
percent.
'onsols, 2H per oent
64 1-16
4
98 8-16
'learlne-Hoase returns
36,107,411
64
144.73rf.uOO
143.24j.000
4s^
47X
104%
10913-16
*86-16d.
£l»
Bank
=
5
=q
Aug.
81 3
Sept.
7 3
14 3
"
21
i
"
28
3
3
Months.
4
as follows:
Interest ailowtA
for deposits by
Irade Bids.
Bills.
6 Months. 3 Mos.
Montas.
2 3-16
2&@3
m
3
8 11-16
8 6-16
2*1
2 16-16
8 16-16
4 Mos.
3@3M
3^
2~A®3
2 6-l-'@2%
1S2.029.OO0
135.4S8.000
Open Market Rates.
London.
27,614.200
9,849,003
37.820,269
12.363,593
30,771,806
22.482.764
83.176,964
89,741.854
l-iua:.Wn7
80.008.930
23 483.820
84.5»2,710
9(-%
28J*J.
money have been
for
S
x
87.9fi9.390
«,22^.7rtl
4^3
24,c>82,S21
8«%d.
illver
The rates
6,wl6.o08
89,12 l.o:u
10,764.424
28,402,643
LH98
Sept. 38
1899.
Sept. il
Joint
Stock
IK
1*
1«
IX
IM
l«
1*
3@8'/j
g@3M
2«
At
7-14
Banks Call Days
1H
IK
IK
i*
1W
The Bank rate of discount and open market rates at the
mief Continental cities have been as follows:
Si pi. 27.
S-'pf. 6.
Sri,t. 13.
S,pt. 20.
Rates of
Interest at
Bank
Open
Bank
Open
Ba 7ik
Kate.
Market
Rate.
Market
Rate.
Pans
3
IK
3
Berlin
4
3
1%
3
2«
8*
3*
3H
m
Hamburg
4
8
h'rankrort
4
3
3H
8K
8*
Amsterdam
2*
3
2X
Brussels
8
3
2^8
S
Vienna
4
8K
4
2M
3%
it.
Petersburg..
5«
nom.
5K
nom.
3
3
4
5K
Open
Market
1%
2X
8*
4
nom.
4
4
4
4
Copenhagen
5
6
5
5
6
5
Messrs. Pixley
&
IK
2*
2X
*H
iH
4
Open
Market
SX
3*
3*
3
4
I
3
8«
Madrid
tember 26
cold—The
Bank
Rate.
--.
a
5*
4
6
nom.
4
6
Abell write as follows under date of Sep-
:
gold arrivals have been exceptionally sni»ll, and are
only tor the. trade and Indian export demand, i'li.- Auierloan exchange Is now well above gold-export point, bat 'heinijilry
from Austria still oontinues, and £i01 .000 h is been purchased from
the Bank by Germany in German «old coin to-day. The Bank has lost
15OO00 sovereigns for Egypt and has rec.-i\.-<l £ i»".000 from Australia, making a net loss of ioO.OOO. Arrivals South Africa. £98,000;
Brazil, £10.200; West Indie*, £2 5,300; India, £52,800; total, £182,300. Shipments: India. £13.300.
Silver— The Straits are still the only Important buyers and their purchases have sutlioed to tnalntatu a level of 2t>i-> uei tor forward delivery. Spot Is lower at 26Vt.. but America is only a small seller, and we
close steady. Arrivals: West Indies, £24,000; New York, £146,309;
total, £175,300. Shipments: India, £1<52, 500.
suilii-ient
:
THE CHRONIC' LB.
766
Mexican Dollars— There has been Home business acain during the
week at 26^ .but tho order at this prion being filled, we do not quote
better than 2<i7 10 d. Arrivals: New York. £50.000. Shipments: Hong
Kong, £45,000; Straits, £22,400; total, £67,400.
The quotations for bullion are reported as follows:
|
Gold.
Sept.
London Standard.
26.
$.
Bar gold,
line
oz.
oz.
d.
Silver.
Sept
London Standard.
26
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Oct. 7, and from January 1 to date.
EXPORTS FROM NEW YORK KOR THE WEEK.
ipeoie)
For the week.
Prev. reported
a
d
8.
77 10% 77 10% Bar silver, ttne...oz.
5h 76 5% Do 2 mo. delivery
D. 8. gold ooln...oz. 76
Gernrn goldooln.oz. 76
French gold ooln.oz. 76
Japanese yen
Sept.
19.
26'fl
26i-'ie
Total 40
76 6»s Bar sliver, contaln'gl
do 5 grs. gold.oz.i27*3
.Ms 76 6»s
do 4 grs. gold.oz 273 16
76 5 76 5
do 3 grs. gold. oz. 27
oz. 29
Cake sliver
Mexloan dollars. oz. 267 16
5ifl
Kingdom during
IMPORTS.
1898-99.
1899-00.
3,189,200
949,000
1,115,800
152,300
66,900
3,352,500
1,360,300
1900-01.
5,150,200
1.086.200
1,393,400
95,310
79,100
3,300,400
1,022,500
3,274,400
1,007,300
1,024,370
120,050
139,440
3,155,200
1,084,800
1901-02.
Wheatlmported.owt 3,123,500
Imports oi floor
1,198,100
Bales oi home-grown 2,183,531
1900-01.
5,150,200
1,022,500
1,155,392
1899-00.
3,189,200
1,360,800
1,909,523
1898-99.
3,274,400
1,084.800
1,305,503
Total
6,505,131
Aver. price wheat, week. 26s. Od.
Average price, season. 26s. 2d.
7,328,092
6,459,023
5,664,703
4d.
3d.
26s. lOd.
27s. 5d.
258.
25s.
4d.
6cL
The following shows the quantities
maize afloat to the United Kingdom:
This week.
Wheat
qrs... 1,935,000
Flour, equal to qrs... 325,000
Week.
$
vVest Indies
qra...
1900.
1,970,000
330,000
805,000
395,000
765,000
680,000
London.
per ounce
d.
p. ct s
......
Consols. new. 2 \
,
For account
8c it.
Mon.
26 h
26%
I
!
IVon rentes (In Paris) fr.
;
Spanish 4s
9213 16
Tuet.
South America
411 other countries.
Total 1901
&
Top.
92%
69
69
10105 10095
77%
Santa Fe..
!
Preferred...
Canadian Pacific
Chesapeake <fc Ohio
Chlca. Great Western..
&
Chic. Mil.
Den.
fc
St. Paul...
Klo Or., com....
<fc
Do
P
c
do Preferred.
IT
C
X
98^3
101 *s
9513
llOBg
44%
22
163
4414
93ia
40M
69%
64ifl
& Nashville..
Louisville
Mexican National
Mo. Kan. & Tex., com..
Preferred
W. Y. Cent'lA Hudson..
N. Y. Ontario & West'n
Norfolk & Western
Do
Eoc
U-
E-
^
C
pref.
Paoifio, pref.
Pennsvlvanla...
A Read
Phlla. & Read. ,1 st pref
*Phila.
&Read^2d pref
147
104
23i«
13»9
25%
53i4
do
Northern
*Phila.
c
c
a
c
South'n Railway, com.
159
33
55
92
7k
com.
S. Steel Corp.,
Do
do
pref.
Wabash
Do
*
Deb.
trice o«r
"B"
78%
98
lOlifl
95**
110%
44ia
2213
163ia
44
93
16378
Week.
aermany...
West Indies
Total 1901
Total 1900
Total 1899
Fri.
BANKS
$
Bank of N.
Y....
Manhattan
Co...
Merchants'
Mechanics'
America
Phenix
Oity ..............
165
96
aallatln
69 7s
70
435s
7278
54%
149k
106%
Mech.A Traders'
54%
160
32 7e
55
92
161
33
56
92
23ia
24
14%
15k
25ifl
52i*
160ia
33
57i8
92ia
98ia
Merchants' Ex..
Butoh.<fc Drov's'
Leather M'f'rs..
State of N. Y....
American Exoh.
Commerce
26ia
Mercantile
54
Paoiflo
161
34%
People's
57ia
92i«
North America
Hanover
98ia
73 14
98ia
73ia
74ia
Oitlzens'.........
19%
20
20
20%
38
88ia
253s
5758
39
Market* Fulton
25ie
2514
88ia
25ia
56
57 H
57H
87
87
33
88
973(3
988s
8913
43 ie
32i«
43H
32i8
95i«
21
95 14
38
38 14
61ia
61ia
2114
98i4
89ia
43%
95%
20%
385s
6II4
7a%
32%
88
99
Shoe & Leather.
2634
59ia
Corn Exchange..
34
89
tmp't'rs'ATrad.
lOlifl
89ia
4
xlOlia
378
&6
Fourth
90
Central
44ia
x94ia
Ninth
19ia
203s
37
38?8
N.Y.Nat'lExch.
60
Bowery
58ia
N. Y. County....
Herman A meri..
"hase. ...........
Fifth Avenue...
German Exoh...
Oarneld
Imports and Exi-orts FOR the
Wekk.— The
1900.
1899.
S2.063.363
6,440,798
81.771,743
8,555,796
81,598.618
6,167,145
$1,388,465
5,342,369
Total
Since Jan.
$8,504,161
$10,327,539
87,765,763
16,730,834
J81.890.966
342,840,104
892,002,718
318,741,555
879,753,458
312,698,165
$72,691,835
255,800,720
Dry Gooda
1
Total 40 weeks 8424,731,070 8410,744,273 $392,451,623 $328,492,555
1.
Week.
85,633,354
Since Jan. 1.
$25,283
4,720
9
223
325
250
224,416
2,106,540
429,345
35,706
$64,293
23,850
171,329
$2,826,283
3,727,474
3,050,581
63,718
9
2,084,0
2,093,0
1,106,8
2,274,9
3,097,0
243,8
6,170,7
6,942,6
244,0
1,998,8
72,4
133,0
184,1
500,6
554,1
3,233,0
6,758,7
1,569,1
1,297,7
612,4
990,6
360,8
1,023,1
5,434,9
449,2
371,0
289,8
988,7
219,2
1,849,7
406,9
6,046,8
3,853,6
153,1
2,477,5
528,6
973,6
77,3
100,0
200,0
200,0
300,0
1,000,0
124,6
743,7
697,4
404,8
2,513,4
1,407,9
584,8
868,7
994,4
1,158,2
367,8
1,110,7
436,6
944,8
2,287,6
618,7
729,9
443,4
568,3
417,9
365,3
Loans.
Specie
9
*
19,099,0 3,488,0
22,851,0 8,557,0
12,457,7 2,041,7
14,748,0 2,969.0
10,072,7 3,280.1
4,768,0 1,103,0
116,728,6 32,754.4
28,459,6 5,029,8
4.736,4 1,119,3
8,690,9
836.6
1,134,2
241,9
215,0
2,494,0
993.7
127,5
5,210,1 1,613,2
4,180.2
343,2
29,172,0 6.937,0
69,891,7 8,833,9
6,223,6 1,560,7
14,563,8 2.371,7
360.2
2,777.6
679,9
6,217.9
147,8
2,194,6
11,807,6 2,089,4
7,260.4
48,267.8
723,3
4,313,0
739,1
3,415,8
347,1
2,817,7
1,025,4
5,777,9
827,0
4,102,1
22,076,0 4,405.0
1,990,0
170,3
24,137.0 3,642,0
48.960,0 12,579,0
168,7
1,193,2
22,935.1 3.623,6
10,412.0 2.323,0
9,268.0 1,539,0
2,164.2
401.8
75,895.8 19,040,8
721,8
3,640.0
3,211,0
380,0
694,4
3,994,7
8,542,0
617,6
41.25
10,895,6
8,882,7 2,231,2
216,7
2,364,3
3.087,3
416,2
13,884,8 1,793,2
7,S32,1
2,183,8
17,150,8
2,623,0
12,114.0
36,900,6
4,605,0
6,582,7
4,433.5
7,790,9
4,400,0
2,600,3
1,559,6
419,8
1,292,3
369,0
1,483,0
8,405,1
526,0
1,291,5
897,8
1,807.1
781,0
610,4
Legali.
9
ifc-
Deposits ftrvs
»
P.O.
1,681,0 19.341.0 26-6
2,025,0 28,368.0 30'2
1,710,9 14,856,5 256
1,078,0 15,867,0 26-8
2,437,0 21,499,8 28-5
208,0
4,770,0 274
5,773,4 135,098,5 28-5
2,532,f
24,017,1 314
542,1
6,455,9 30-4
992,6
6,801,4 28'8
62,4
1,251,2 24-6
271,0
2,704,0 17-9
200,2
958,6 34 2
211,7
5,711,6 302
359,1
3,984,8! 176
1,471,0 25.222,0 338
6,611,2 60,231,9 253
840.8
5,990,7! 31-7
1,555,7 15,489,8 253
353,2
3,889,3 20-7
917,8
6,373,3 25-0
483.4
2,712,7 23-2
1,252,9 12,431.6, 26-4
6,110,6 62,682,9 25-3
477,1
4,653,0 28-3
269,9
3,934,0 26 6
288,0
3,224,3 19-6
673,8
6,104,7 27-8
272.3
4,599.5 23*9
2,120,0 26.281,0 24-8
474,1
2,068.0 31-1
1,274,0 21.682,0 22-8
2,387,0 69,544.0 25-1
173,2
1,295,8 26'6
2,623,7 21,093,6 259
1,405.0 13,435,0 27-7
1,085,0 10,199,0 25-7
209,1
2,365,4 258
2,168,8 78,183,6 278
362,6
3,900,0 278
261,0
3,352.0 191
397.0
4,529,1 240
276,5
3.481.0 25-6
1,882.3 49,843,5 25-7
9,946,4 25-7
337,3
767,5
3,188,6 30-8
4,624.0 189
462,1
2,438,8 18,618.2 2.V4
7,618,9 25-8
344,7
2,367,1 24 8
165,9
7,781, 7124-1
588,5
3.018.0 248
382,0
2,091,0 14,308,0 24-9
2,623,9 43,482,6 253
4,988,01 29-1
931,0
6,584,0 268
476,0
4,509,2 277
353,8
9,093,3 238
665,1
4,343,0 22'4
198,0
110.0
2,057,7 349
81.722.7 98,211,5 873,568,2 1803546 71,093,7 943,553,1 28-6
*
.
Gen'l mer'dlse
1,000,0
200,0
300,0
Bank of Metrop.
200,0
500,0
2,100,0
Western
300,0
1st Nat., B'klyn.
500,0
Liberty
N. Y. Prod. Ex.. 1,000,0
250,0
NewAmsterdam
350,0
^stor...
500,0
Side A Leather.
1898.
Goods....
Gen'l mer'dlse
300,0
250,0
200,0
750,0
Fifth
following are
the imports at New York for the week ending for dry goods
Oct. 3 and for the week ending for general merchandise
Oct. 4; also totals since beginning first week January.
FOREIGN IMPORTS.
1901.
2,000,0
2,050,0
2,000,0
2,000,0
1,500,0
1,000,0
10,000,0
300,0
600,0
1,000,0
300,0
400,0
200,0
600,0
1,200,0
5,000,0
10,000,0
1,000,0
1,000,0
422,7
450,0
200,0
1,000,0
3,000,0
500,0
600,0
500,0
900,0
1,000,0
1,400,0
300,0
1,500,0
2,000,0
250,0
8,000,0
1,000,0
300,0
750,0
tiooooo *110H68
First
Gbommzxtmlixuil ^istzllixuzBus%zrot
Dry
.
73
20
38
mmrr
For week.
Capital. Surplus.
4618
148
105 14
$3,929,991
1,752,950
10,298,962
New York City Clearing House Banks.— Statement 01
oondition for the week ending Oct. 5, based on average of
We omit two ciphers (00) in all cases.
laily results.
266s
933 18
40»8
70»8
54%
$1,040,721
15.087
410,029
$855,635 $37,361,730
39,380.433
94%
10518
23ia
14ia
25ia
52ia
1,374,198
2,491
1,130 039
1,254,572
44
147 »a
81.593
11,325
22,778
375
2,220
246,997
21,250
1,016
Ml other countries.
40 14
104ia
23ia
1313
25ia
52ia
1,178,858
Imports.
Since Jan.
400
94%
147
$974,650
384,519
672,956
75,264
$855,235 $36,390,261
697,495
(Trance...
93>a
40ia
54ia
1.
$244,196
$1,764,851
18,209,788
7,384,567
668,587
46,868
30,515
1,114,000
Exports.
93i8
93 14
0092^4 00-92ia 100-85
69ia
69
69
738
7%
73s
8OI4
78%
78*8
98*4
99
99%
102ia
10213 10412
96i4
95%
96k
11138
113
lllie
46%
45%
463s
22ia
22ia
22%
164
44 ^
Since Jan.
Silver.
98i«
90
U.
26H 16
Week.
1.
$2,100 $31,317,076
12,000 47,256.505
25,879,469
Total 1899
1899.
1,725,000
355,000
860,000
Tfiurs,
9215 16
93ii6
92»8
7*8
Atoli.
Wed.
26"i 6 26"i 6
92i6, 6
2,100
of wheat, flour and
Last week.
2.065,000
Imports.
Since Jan.
France
Eu^llab Financial Markets— Per Cable.
The daily dosing quotations for securities, etc, at London
are reported by cable as follows for the week ending Oct. 11.
Sliver,
weeks $393,905,083 $414,952,979 $355,031,61 3 $357,640,700
Mexico
28s.
28a.
$11,427,208
$9,318,315
343,604,405 818,322,385
Exports.
1):
Maize
$10,916,163
404,036,816
Gold.
Supplies available for consumption (exclusive of stocks OD
September
»9, 128,738
384,776,345
1898.
The following table shows the exports and imports of
ipeoie at the port of New York for the week ending Oct. 5
and sinoe Jan. 1, 1901, and for the corresponding periods In
1900 and 1899.
EXPORTS AHD IMPORTS OF SPECIE AT HEW TORK.
oompared with previous seasons
1901-02.
Imp'tB Of Wheat, CWt. 3,123,500
Barley
1,867,500
Oats
1,236,600
Peas
112,000
Beans
252,100
Indian corn
3,175,000
Flour
1,198,100
1900.
time to time adjust the totals by adding to or deducting from the
amount "previously reported."
the
the season
weeks of
three
the
1899.
1901.
Note.— As the, figures of exports as reported by the New York
Custom House from week to week frequently show divergence from
the monthly totals, also compiled by the Custom House, we shall from
The following shows the imports of cereal produce into
United
[Vol. LXXIII.
'
As on July
19. 1901.
Reports of Non Member Banks.—The following is the
ttatement of oondition of the non-member banks for the
week ending Oct. 5, based on averages of the daily result.
We omit two ciphers (00 ) in ad cases
October
THE CHRONICLE.
12, 1901.
BANKS.
Capi-
(OOi omitted.)
tal.
Sur- Loan* it
Invett-
plus.
Lea. T.
anHi
Devotit.wlttt
Net
<k11k.
Notet
mentt.
•K..1U
Agent. Hkt.Jtc
Total receipts at ports from Jan.
follows for four years:
NlW VOUK CITY
Columbia
Vartok
100,0
200,0
JeBerson
100.0
Centnry
Nat. Commercial.. 300,0
69,1
54,1
63,2
18,0
f
I
t
t
•
100,0 140,9
300,0 217,0
100,0 126,5
Eleventh Wart...
Fourteenth Street. 100,0 83,3
30,0
800,0
G»nn6voort
•200,0 100,0
Hamilton
69,5
Mount Morris
260,0
300,0 163,7
Mutual
147,8
300,0
Nineteenth Ward..
100,0 323,6
Plana
100,0 129,6
Riverside
100,0 383.8
State
300,0
43,7
Twelfth Wart
75,4
Twenty-third W'd. 100,0
800,0 869,1
Union square
100,0 223,3
Yorkvllle
30,8
100,0
Washington
96,1
Fidelity
800,0
Colonial
83,4
1697.6
2548,0 152,0
49.6
1184.7
62,0
1390,9
23.9
1321,6
82.6
1625,0
2201.7 136,8
81.9
1420,4
37,9
1494,2
2445.0 157,0
17.0
1038,3
8681.0 377,0
80.3
1356,3
36,1
1038,8
39,7
65,9
11,4
8899,1
1448.6
698,4
438,3
899,0
665,4
193,9
719,7
8,4
13.3
6,7
5.3
42,4
1176,6
1609,0
1093,7
356,8
706,6
711,7
3677,6
428,2
360,6 3698,9
988,1
186,8
733,4
33,8
3784,0
615,0
564,3 2782,0
848,4
144,7
946,3
188,8
649.6
78,2
237,6 1026.0
623,3
54,2
660,0
80,5
829,2
55,9
186,
153,8
205,0
63,4
133.0
163.2
101.8
329,3
105.2
37,9
22,7
48,6
65,3
20.3
13,2
,
,
Borough of
Richmond.
Bank of Staten
lBtNat.,Htaten Isl
36,0
100,0
Other Cities.
1st Nat., Jer. City.
Hud. Co. Nat., J.O.
2d Nat., Jer. City.
8dNat., Jer. City..
1st Nat., Hoboken.
3d Nat., Hoboken
400,0
360,0
260,0
200,0
110,0
125,0
I si
81.4
222.5
142.9
44,6
60.6
160.9
98,7
104,4
10,0
9,1
87,0
0,2
80,1
96,2
48,"2
1399
100,6
4039,0
1782
1237.8
27806
1478,0
675,6
863,8
1028.9
690,7
94.0
431.0
680 5
198.4
73,4
837,1
258,8
160,2
4M7.7
155,9
40,7
557,9
44,6
14,2
63,6
21.0
30,4
<<t\t^
343,1
117,6
47,3
78,8
86.7
842,1
388,1
80,8
98,6
629,0
333,0
74,3
60,1
64.6
142,6
104,4
4.0
14,0
18,7
27,0
io,o
109,3
35,0
46,0
69,3
79.3
22,8
40,0
3,3
729,8
80,6
96,1
5898,7
1974,2
1081,1
1235,9
1928,9
787,7
Totals Oct.
5.. 8262,0 9101,2 71366,1 3107,1 4168,3 8568,6 3140,0 77347,5
Totais Sept. 28.. 8262,0 9101,2,70729,9 3036,1 4026,3 8051,7 1831,1 75301,6
Totals Sept. 21 .. S262.0 8959,7171135,4 2956.8 3959,918172.5 1802,6 76195,7
126,697,101
"
"
60, in
8,184,11)1
New York
Boston & Philadelphia Banks.— Below
summary of the weekly returns of the Clearing
House Banks of New York City, Boston and Philadelphia.
City,
furnish a
.Capital
Banks.
1
ending Oct.
*
N. \.*
Loam.
Specie.
9
8
9
Sept. 14.. 177,784,4
,f
21.. 177,934,2
" 28.. 177,934,2
Oct.
5.. 177,934,2
872,268, 1 1679557
865,949, 21764018
867,609 7 1789364
878,658 2 1803546
Bos.*
8ept.21..
"
57,632,9 192,009. 016,281,0
18.923,0
57,632,9 192,923
57,632,9 192,196, 017,857,0
28..
Oct.
6..
Ptalla.*
Sept. 21..
ClrcTn. Clearing*
Depotitt.i
Legale.
~9
9
9
$
72,013,1
70.842,9
71,469,7
71,093,7
931,433,0
930,361,9
936,452,3
943,553,1
30,796.1
31,098,3
30,672,6
30,618,1
18768467
12265806
13140263
12828032
6,059.0 134,179,0
6,078,0 138,145.7
6,055,0 147,318,4
7,348.0 215,297,0
7,424,0 216,810,0
7,329,0 219,283,0
38,716,3 174,721,
205,601,0 9,875,0 88,963,6
54,634,0
- 28.. 38,716,3 175,188,
207,601,0 9,817,0 109.217,1
55,717,0
Oct.
6..
205,859,0 9,839,0 116,211,6
38,715,31175,613,
66,748,0
• We omit two ciphers in all these Agures.
+ Including for Boston and Philadelphia the Item " due to other banks.'
Breadstuffs Figures Brought from Page 800.— The
statements below are prepared by us from figures oolleoted
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Oct. 5,
and since Aug. 1. for each of the last three years have been:
tUeeipti
»t-
Wheat.
Flour.
OaU.
Corn.
*»
Sarin,.
Bbli.186 Ib» Bueh.dOlbt Buth.Mlbt Bush.SBlbi Buf*.48Ibt Btt.bdlb838,839
988,145
352,660
1,710,086
1,777,782
83,400
Mllwaukee
76.500
277,200
55,700
188,300
514.900
38.860
139,000
8.879,883
787
808,610
28,167
21.602
Minneapolis.
808,580
3,763,600
88,880
29,810
195.730
900
626
239,703
870,827
147.672
105,067
2145S3
7,208
125,838
61.013
Cleveland
11,640
64,002
....
77,523
113.446
St. Louis ....
45.438
192,326
195.200
80,250
8,250
826,746
.
. .
22,300
671,000
861,600
388,200
176,100
128,600
11,000
Kansas
City.
Tot.wk.1901
108,000]
8,600
290.479
168,919
108,884
530,133
8,533,191
8,658,808
3,183,644
1,660,195
Same
Sam*
wk.'OO.
481,001
6,151,275
4,963,643
3,587,618
2,000,689
wk.'99.
416,516
7,670,407
7,421,041
8,871,126
2.067,977
BiHCI
1901
1900
A til.
4,424.739
1,118,656
1,374.765
76,916,094 89,718,241 37,690,116
11,015,735
69,228,831
57,668,601
8,346,980
6.391.283
The receipts of flour and grain at the seaboard
the week ended Oct. 5, 1901, follow:
_
BetHfts at—
lUwYork
Boston
Blohmond
Orleans*
Wawport News
Portland,
Quebec
Ma
Total week.
waek
bu$h.
22.2M4
Baltimore
Norfolk
Galveston
Wheat,
bblt.
13903S 1,141.160
Montreal...
Philadelphia.
Haw
Flour,
looo.
17,t<50
50,202
123.082
1.684
17,105
78.686
80,790
630.189
180.4H1
317,172
297,301
14,170
608.000
481.000
8,062
234,896
114,523
04,960
475,703
619,803
4,118,S68
8,878.031
Oat*.
bush.
Corn,
buth.
806.600
229,871
49,200
241,510
108.640
23,710
70.000
8,400
1,021,800
114.181
34.740
43,29?
Ma.
876.448
170,159
114.623
•hiiadeiphla..
2^8 000
laitimora
Orleans..
6H2.006
104 000
rtoston
Portland.
New
Norfolk
Newo'rt News 484.BOO
3ti9,703
Montreal
3>!0,000
lalveston
Quebec
Barley
By*.
bush.
buth.
21,160
128,800
18,686
8,000
2-*,292
11.000
1.188
88,774
1,442
1
11.61
311.0
1
bblt.
00,7011
week
"77.142
8,071
184,600
62,874
81,114
an.' r>5
8,6r)2
buth.
buth.
'.lllll.
392,028
2.210
16,088
buth.
10,828
6.334
8,642
'
31,286
21.1H:i
28.172
KO.70O
78,036
0,111
0,893
'40,000
121,760
17,860
80,410
867.707
868.874
629,785
013,661
60,796
40,189
19.802
110.662
8,400
84,478
61.060
below:
1900, is as
1,
0tek and time
to—
a»pt. 1
Sinn
Week
Mxtortifor
Oct. 6
bblt
........
867.767
868.874
4,524,614
1.506.388
2.882,688
2,178.321
j.sO. Amerloa.
West Indies
3r.N.Am. Colo's
Total
Total 1900
-
earn.
1
Wttk BinuBnt,
Oct. 5
50
34.3.17
iiV,924
15,000
2.767
60.910.667
691,678
10,310,013 2,251,988
13,659,511
11,762,611
1901.
buth.
1,870,739
1,611,910
L
1001
buth.
6,678.180
6,085,989
426,761
813.630
71.103
134,001
1,
bum.
bblt.
at.
Since Seat.
Oct. 5.
2,913,123
C04.312
20O,hOl
336,444
40,298
71,668
8K.66H
18,2< 3
18,830
7.624
Jontlnent.
Hher countries
Week
Stjt
1.1901.
United Kingdom 8F6.083
— Wht
—
Flour.
,
11
week and since
The destination of these exports for the
3ept.
HI
^
1.7SO.027
1
284,240.080
buih.
827.608
160,106
dametlme'OO.. 8,178,821 8,258,088
1.
buth.
22,301,762
87,1*8,281
10,300
401. 20S
847,012
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
seaboard ports, Oct. 5, 1901, was as follows:
• wYork
Do
bush.
775.000
6M.000
259,000
176,000
buth.
3.443.n<v-
60,000
afloat
aoston
800.OUI*
Barley
bus*.
954,000
72,000
167.000
iib'.oo'c
65,000
877.000
"8,0'io
128.000
32,000
108,000
40,000
1,162,000
1,828,000
267,000
44,000
33,000
47,000
814,000
635,030
608,000
1,180,000
897.000
8,000
30,000
Philadelphia
Baltimore
857,000
908,000
New Orleans
tfci.OOG
101,000
Galveston*
Montreal
Toronto
433,000
109,000
82,000
Do
no
Bte,
buth.
Oats,
bush.
Corn,
Wheat,
instorset—
H8,uCC
afloat.
Toledo
afloat
ietrolt
Do
619,000
108,000
90,000
216,000
6,2O0,ooc
6,705,000
1,998.000
840.000
21,000
116.000
133,000
431,000
17.000
172,000
612,000
488,000
518.000
502.000
"i8.000
28,000
100.000
9,000
afloat
Do
afloat
Milwaukee
Do
afloat
rt,Will'm4Pt.Arthur 1,828,000
Ouluth
4,001,000
Do
afloat
6,700,000
3,176,000
590,000
787,000
837,000
1,408,000
751.000
887.000
66,000
26,000
123.000
172.000
49,000
"4,006
416,000
2,258,000
482,000
1,899,000
396,000
405,000
170,000
'17,000
6, 1901.. 87.474,000
I'Otal Sept, 28, 1901.. 36.804.000
14,026.000
13,189,000
8 972,000
1,800.000
1.776.OO0
12,022,000
6,080,000
6,469.000
936.000
800 000
718.000
Minneapolis
Louis
3t
Do
Peoria
Indianapolis
.
•n Mississippi Klver
-.
)n
i
Lakes
n canal
and river.
.
.
Total Oct.
Total Oct.
Total Oct.
Total Oct,
7887.000
6 1900.. 66,101000
7, 1899.. 41.215 000
11,750.000
1898.. 12,810.000
k!2,208,000
8,
Galveston, last week's stock
*
74,000
afloat
tansasCity
;
8.O00
8,288,000
278.000
828.000
1,994,000
1,875,000
1,926,000
1,731.000
8,319,000
this week's not received.
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:
&
Slocks.
Stocks.
National Citizens' Bank.l60i«
Nat. City Bk. of B'klyn..291%
Virginia
Copper Co.,
Limited
$410 lot
30
10
500
1 Clinton Hall
25 Lawyers' Mtge. Ins. C0..21
40 Nat. Bank of Commeroe.SS? 1*
6 Central New Eng. By.
21
preferred
10 Atlanta Knox. & North35
ern Ry.. pref
21 North. Amer. Tr. Co.244%-245
Bonds.
$4,000 New Amster. Gas Co.
Assoeia'n..$50
34 Home Insurance Co
300
50 Trust Co. of Amerloa... 260^
63 Biagewood Land & Improvement Co
80
10 Century Realty Co
100
6b, 1948;
gawMwfl and
Spent
27
&
29
er
108k
Iftttautial.
Trask
BANKERS,
PINK STREET,
J&J
&
Co.,
NEW YORK
-
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 SECURITIESBranch
Albany
Members N. Y Stock Exchange.
Office. 67 State ^t.,
Geobge Barclay Moffat.
Alexander M. White
Moffat
8.648
I
8,
in the annexed statement
oati,
Peat,
Hour,
Bartjn
Total week.. 81888,688 ~69 1.678
ports for
41.862
15.876
40.000
40,98
3.490,826
1,106,935
1,637,429
8.808.481
several seaboard ports for the
Corn,
Wheat.
Mwportt tr0n— buth.
•mm York
1.
35.722,148 48,820,240
64,170,617 11,913,010
78,186
.4,006
T6.83M.816
''J.
shown
1901, are
5,
ikioago
Surplus.
110, "17, 108
76.87rt.070
28J,O50.f>O6
,
The exports from the
Buffalo
we
Ml
01370,754
8,144,888
M
IBM
15,818.688
Wrt.1-2.113
.
oompare as
1 <Kt
10 211,101
1000.
liu-li.
.
.
.
Barloy
1064
114.0
17,6
228,1
72,2
62,3
38,1
100,7
36,4
8,3
•^765.0
85,0
104.6
911,3 6198,9
595,6 2219,8
317,3 1259,1
963,6
241,6
473,6 2139,7
110,8
951,3
107,4
1042.4
1H&9.8
29,7
26,0
18.6
22,9
7,6
122,3
Wheat
Corn
1758 1
2816,8
63,3
84,6
603,6
760,6
66,5
89,3
9,7
36.0
3(9
62,2
1305,1
1404,7
1457,6
87,1
72,1
80,8
35,2
19,4
10,0
182,0
125,0
105, H
6.0
1880.0
2085,0
1290,4
1773,3
1049.9
866.6
681,8
744.6
3222,5
4110,9
1030,4
786,5
4126,0
2974,0
817,2
1011,1
611,2
1068,0
585,8
729,9
840,4
25,6
177,2
152.8
66,6
49,7
298,0
217,0
47,5
63,8
36,9
9,5
30,3
60.6
29,1
334,0
168,3
'§'6
141.4
148,7
282,1
225,8
207.0
6d,0
170,0
143.2
83,8
141.2
88,8
27,3
29,9
16,0
12,2
50,8
14,4
81,7
33,3
126,1
180,8
167,4
34,8
78,9
81,0
160,0
Broadway
100,0
Brooklyn
BOO.0
Eighth Wart
100,0
Filth Avenue
100,0
Kings Countv
160,0
Manuract'rs' Nat'l. 262,0
Mechanics
600,0
Meoh's' <ft Traders 100,0
100,0
Merchants'
Nassau National.. 300,0
National City
800,0
100,0
North Side
Peoples
100,0
Seventeenth Ward 100,0
Sprague National.. 200,0
Twenty-sixth W'd. 100,0
Union
100,0
Wallabout
100,0
26,0
2:t7,7
Boro'h of Brooklyn
Bedford
8,0
to Oot. B
1
11/ 0*1,875
(
I
211,6
211,0
881,8
150,1
100.0
49,5
61,7
69,1
133.7
103,8
1901.
..bbls. 18,8*0,898
of—
.Receipts
Borough of
Manhattan,
707
&
Jb,
White,
BANKERS.
1,016,710
8,777,612
1,388.703
8,370,609
* Keouipti do not include grain passing through
Ports on through bills of ladlne.
148 8*5
1S6.785
Haw Orlaans
149,776
75.487
for foreign
...
Members New York Mock Hwhanae,
No.
1
NASSAU STREET,
NEW YORK.
INVESTMENT SECURITIES.
THE CHRONICLE.
768
IJitutijers'
selling llo premium; New Orleans, hank, $1 25 premium;
commercial, §1 50 discount; Chicago, 10c. discount; St. Louis,
par; San Francisco, 5o. per $100 premium.
(&\xzz\\z.
UIVIDKMIN.
Name
Per
Company.
of
Cent
(
Vol. LXXIII.
United States Bonds.—Sales of Government bonds at the
Board are limited to $16,500 Is, coup., 1907. at 112 to 112^,
Hnoks Closed.
Days Inclusive.)
$74,500 8s, coup., at 107% to \W%. The following are
the daily closing quotations
for yuirti) r^nge see third page
following
and
;
Knilroiiilx (Slenm).
com
Tqpeka A Santo
U|iiar.)
Central HK.nl N.
Choctaw Oklahoma A Qulf, com
iv,
Atcii.
2
do
Cin. Hamilton
Cin. Sandusky
Grand Rapids
A
A
Dayton, new
<fc
|.il
(i|M.)
Cleveland, pre!
Indiana
1
1 34
.j,
2>2
Nov
Nov
Northern
1
Dec
2'-,
Oct
Pacific, i>ref. (quar.)
18
to
18
to
to
to
to
Oct 81
to
Oct 21
Ool -'()
28 Oct 17
1 Oct 18
1
I
Great Northern, pref. (quar.),
Mexican Southern
Ocl
81 Ocl 18
8 Oct 18
\U Nov
Nov
8
Dec 12
Ocl 20
31 Ocl
1
a>9 Ocl
2'y Ool
pro!
ii<>
to
i
Pi Nov
.1
.i.i
1.
1
Nov 9
Oct
Nov
8
Nov
1
to
Nov
1
to
Nov
17
to
Nov
5
NtrjM-l ItnilwiiyN.
Brooklyn City BR. quar.)
Central Traction, Pittsburg
ostein (qnai
Cleveland Klyria <V-
W
6 Ool
.
Pittsburg Traction
I>IincellnnroiiK.
American Type Founders (quar.)
Edison Eleo. ill.. Huston (quar.)
Pacific Coast) com. (quar.
1st pref. (quar.)
do
do
do 2d pref. (quar.
do
Penn- American plate Glass, (quar.)....
Railway Equipment lorp. (monthlj ..
Rochester (X. V.) (Jas A; Eler., com...
United states Express
i
to
to
Nov 15
Nov 5
Oct 30
to
N..v
5
Oct
10 Holders of rec.
Nov
Holders of rec.
to
Oct 15
to
1
Oct 15
to
15
1 o,t
to
16 Oct 5
1 34
lh
3
2
X
]
a
1
No>
No\
Oct
Oct
15
Oct
15 Oct
No-.
16
Nov
common
Uso a dividend on common
one
Oct 15
15 Nov e
5 Oct 80
1
1
i
.
2h.
1
>
:S<>
15
Oct
\
3
\..\
2
3>2 \.,..
lonsolldated Trac. (Pittsburg), pre!
Dnquesne Traction, Pittsburg
(
'
16
\..-.
stock, payable in
share for each ten shares held.
3
1
to
to
5
Oct 10
Oct 14
Oct 31
Oct 31
Oct 31
Oct 15
Oct 14
Nov 15
stock, at rate of
WALL
Interest
Oct.
Oct
Oct.
Period*
5
7
8
9
70
'109
'109
•109
'109
109
109
'10'.!
10'.)
109
109
'109
'109
:si
WTK.EET. FRIDAY, OCT. 11, 1901.-5 P. M.
The MonevMaiket and Financial Situation.— New life
was imparted to the security market* on Thursday by a
sharp advance in Great Northern stock and the accompanying rumor of a scheme, already in progress and soon to
be announce-), for financing t^e Great Northern-Northern
Pacific-Burlington combination. Up to that time the markets bad remained dull and depressed, a condition that has
prevailed for some time past, with almost no interest on
2s, 1930
registered (4
coupon
2», 1930
2s, 1930 .sma.l. registered
coupon
2s, 1930 Hinall
3s, 1918
registered
3s, 1918
coupon
3s, 1918, 6mall.regiHt<Ti-,d
3s, 1918, small
coupon
registered
4s, 1907
4b, 1907
coupon
4s, 1926
registered
4s, 1925
coupon
5s, 1904
registered
coui on
5s, 1904
-Jan
y— Jan
Q— Feb
Q— Feb
Q— Feb
Q— Feb
Q—Jan
Q-Jan
Q— Feb
Q— Feb
Q— Feb
Q— Feb
"
"This
Oct.
"107'4 -107 1* '107>4 *107>4 *107>4 *107»4
1084 •108 -108 '108 *108
-108
"108
*112
*108
•108" '108" »i08" '108*"
*111»4 •112
'112
'112
'112
'112
1121, »111»4 •112
*138
*138Hi *138«g *138>a *1384
*138 34 *138>o •1384 *138Hj *1384
-107>o '1074 •1071-) '1074 *107V,
*1074 '1074 -107'v •1 07'q «107»s
the price bid at the morning board: no salt was made.
is
11
:l
.i
*112
*112
'139
*139
*107»9
*107>«
—
Stale and Railroad Bonds. Sales of State bonds at the
Board are limited to §5,000 No. Carolina consol. 4s at 105%.
The demand for railway bonds increased with the more
active stock market toward the close of the week, the transactions on Thursday and to-day being about double the previous average.
After considerable irregularity, the market became generally strong, and several issues close substantially higher than
Conspicuous among the latter are Peoria & Eastlast week.
ern income 4s, at an advance of ±\'2 points; Consolidated
Tobacco 4s, which show a gain of nearly 2 points, and Union
Pacific conv. 4s. There were but few other active bonds,
including Atchison, St. Louis Southwestern and Northern
Pacific 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 775.
the part of the outside public and local investors generally
cautious. This i* not surprising, in view of recent experiences. Whether the belter tone just developed will conRailroad and Miscellaneous Stocks.— The stock market
tinue is a matter of conjecture. A rroad view of the gen- was dull and heavy duriner the early part of the week.
worthy
eral situation reveals some hopeful features, but it is
Such interest as was manifest centered largelv in a few railof note that the foreign bank statements this week show a way issues, including Atchison, on expectation that the
shrinkage of reserves at some of the principal European dividend rate would be increased: Brooklyn Rapid Transit,
cities, and therefore the expected gold movement towards
which declined over 5 points on the publication of its
this center is likely to be deferred.
report: the minor Vanderbilt issues, and some of the
annual
The local money market has continued easy through the coal stocks. Other local traction issues were weak in symweek. The flow of currency towards the interior is some- pathy with Brooklyn Rapid Transit, Metropolitan Street
what smaller, but Sub-Treasury receipts are still in excess Railway declining 5 points.
of disbursements, and prospective money market conditions
Tlie tone of the market and the volume of business showed
are more or less uncertain.
a decided improvement on Thursday, when Great Northern
The open market rates for call loans on the Stock Exchange was conspicuous for an advance of 8 points, Northern
during the week on stock and bond collaterals have ranged Pacific preferred advanced 3 points and Union Pacific over
from 3 to 4 per cent. To-day'.- rates on call were 3 to 'd>% 2 points. This movemem gave new life to the entire marper cent. Prime commercial paper quoted at 4}£@> 5 per cent.
ket, and a long list of shares advanced from 1 to 3 points.
The Bank of England weekly statement on Thursday To-day s market was even more active and buoyant, with St.
percentshowed a decrease in bullion of £784,319, and the
Paul the feature, it closing l 1/^ points higher than last night
age of reserve to liabilities was 47* 3. against 4861 last and 10 points above the selling price on Monday. Rock Island
week: the discount rate remains unchanged at 3 per cent. advanced
points, Union Pacific and Southern Pacific
The Bank of France shows a decrease of 11,750.000 francs each about2^2 points, and the entire list was strong in
in gold and 11,275.000 francs in silver.
The New York City Clearing-House banks in their state- sympathy.
The miscellaneous list was largely neglected, except
ment of Oct 5 showed an increase in the reserve held of American
Sugar Refining, which fluctuated over a range
$1,042,200. and a surplus over the required reserve of
of over 6 points, and Amalgamated Copper, which covered
$15,060,025, against $16,293,025 the previous week.
over 5 points. General Electric recovered 6V£ points from
Differences
the lowest price of the week, and Colorado Fuel & Iron and
1900
1899
1901
from
Oct. 5
(Jet. 7
Oct. 6
Tennessee Coal Iron & Railway advanced sharply in the
previous week
upw< rd movement on Thursday.
Outside Market.— A quiet week in the outside market
Capital
81,722,700
74,222,700
58,922,700
Surplus
96.211,500
90,109,900
78.843.500 ends to-day with prices for most of the securities on about
Loans & discounts 873.558,200 Ino 5,94s, 500 816,810.700: 710,682.500
Prior to Thursday the marlevel as last Friday.
Circulation
30,618,100 Dec
64.400
30.110 800
15,:.34,700 the same
Net deposits
943.553,100 Ino 7,100.800 877,210,800 781,158.800 ket was weak and irregular and a sharp break in Standard
Specie
180,354,600 Ino 1,418,200 163,404,100 147,252,400 Oil on Tuesday and Wednesday served to accelerate the deLegal tenders
71,093,700 Deo
376,000
62,140 500
48,680,500
clining tendency. Yesterday and to-day. however, in symReserve held..
Ino
1,042 200
225,544,600 195,932,900 pathy with the advance on the Stock Exchange, trading was
251,448,300
Legal reserve.
236,888,275 Ino 1,775,200 219.302,700 195.289.700
a litt emore active and the tone somewhat stronger. Ameri733,000
643.200 can Can shares are among the stocks which did not recover.
Surplus reserve
15,560,025 Dec
6,241.900
Both common and preferred continued to decline and they
Notk.— Returns of separate banks appear on page 766.
They closed last Friday at 21
s sold to-day at 20 and 68 ^.
Foreign Fxchange. The foreign exchange market ha
The drop in Standard Oil, which was
and
70, respectively.
been strong throughout the week on a good demand and
without any apparent cause, amounted to about 50 points,
limited supply of bi is.
On Tuesday
shares having sold last Friday at 725.
the
To-dav's actual rates of exchange were as follows: Bankers'
the stock opened at 715 and fell to 695 and on Wednesdemand,
sterling,
4
sixty days'
484@4 84%;
86(34 86^;
day in t>-e early trading it lost 20 points more. Later
cables. 4 86-''8^4 86 3^; prime commercial, sixty da vs, 4 83 J
that day it recovered to 692, went to 716 on Thursday,
83'.."i4
commercal,
sixty
days,
4
4 83%; documentary
8
closed this afternoon ,at 729. Of the copper stocks,
and
cotton for payment,
grain for payment, 4 83}£@4 83 4
advanced from V 4 to ±%: Apacne, from a\% to 51 J£;
Union
4: cotton for acceptance. 4 83^@4 83%.
83J^@4 83 r2
from 14^ to )5, and British Columbia, from 10%
Tennessee,
Posted rates of leading bankers follow:
to I2jg; Aberdem copper on Tuesday announced a ah idend
Sixty Days
October 11
Demand
of SI per share, and the price immediately dropped from 28
A new comto 20; to-day it is quoted 20^ bid, 28 asked.
Prime bankers' sterling bills on London. 4 84*3 S-l S;'j
4 86>n ®4 87
Prime commercial
pany was added to the list of copper stocks this week,
4 83 Va 'a>4 83 34
Documentary commercial
4 83*4 ®4 83 34
namely, the Plymouth Copper Co., an Arizona corporation
Paris bankers' (Francs)
5 19V @5 19%
5 16V ®5 16*8
with a capital stock of §1,500.(100, par value filO per share.
Amsterdam (guilders) bankers
®
40iie
4014 ® 40B ie
40
Frankfort or Bremen (reichm'ks) ba nkers 94 7e ® 941&18 95=% d 95"ia
To-day the pr-ferred stock and
It sold at 3 on Thursday.
* Less ha.
bonds (when issued) of the New York Dock Co successor to
The following were the rates of domestic exchange on the Brooklyn Wharf & Warehouse Co appeared on the curb
New York at the under-mentioned cities to-day: Savannah. at 44 for the stock and 89(«90 for the bonds. The latter are
buying J^ discount, selling par; Charleston, buying par, 50 year 4s. Outside quotations will be found on page 775.
?
I
—
:
:1
;
l
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,
,
New York
<M
STOCKS
Saturday
Oct.
21%
Oct.
7
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75
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Mob.<&0.,J.P.M<&Co.rect8
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V. Central A- Hudson.
Ll \ Clue. & St. LoUiS..
05
lat pref
,
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1
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384 30
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75'.,
75
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494
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l"
',
p 12
Sep
1
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944
Aug
82
in
J
Dec
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15
Jan
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1
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Apr
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1
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1"
.
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1724 Dec
220 Dec
Jin 122% Deo
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1
|
April
2 IS
J in
J
1 ,,
175 4.1 ne 6 102
145 Api
HO
201 April 172
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1
Nov
Mar
126
1
51
.
..
1
|
Mav2s 171% Sep 194% Deo
vlav
10% Jau 34 4 Dl e
644 J 'in 87 Dec
2 14
1034 J'nel
1
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71
900
30
410
27,000
.
45 J'ho 5
124.1 in- 5
22 4 Sep 30
3
Ma 1-2
01
OS
95
1
8
1
Jan 2
Jan 21
-
Apr 12
Maj
Jau
(let
Jan 24
Mar
4
Oct
,
.Mai
i
,
110
J:i(
11% Jan
43%J'ne21
s7 4-I'lv
41 J'nel 5
25 Apr 30
49 Apr 30
Si p
1
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45% -
10
Jan
7
Sep
34 May
144 Oct
20%Mar
.
74
i
Jan
Maj
22 Jl91%Jan
4
o
s
10
Mar
Mai
Apr
:
12
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85
17,720
01.200
2
1
42
82
5
Sep
Jan lo
iioi.-,
7.3,00
1,000
52
1
1
1
,1,2.,
8
J.in
Mav
1% Jan 22
Jan o
Jan 2
7 2
57 Jan 30
88 Jan 4
2,7
1
38
66
pref
93
Jan
Feb
89
May
110%
Dec,
Sep
1
Nov
47
9
104 4 Nov
27 Apr
60 Apr
17% Deo
.
Deo
4
May
»'«n
14o% Deo
244
11
7
5
29
100
J'ne
J'ne 110
J'ne 5s 4
Deo
Deo
Maj
J'ly
ne
Jan
11.0
Max
•
lan
i
67% U
J
904 J'nel 3
,700 May 9
1 13 4 May 7
73 J'nelO
Jan
98
75
Apr 26
J'nelO
Sep
101
4 Apr22
50
Deo
i
Deo
c
It
Deo
Si p
Not
00 4 DeU
00 4 Oct
Deo
124'
.1
80
.
I
J'nel
J'ne
I
n,
Deo
Jan
CO
llel.s
.
;
J
an
04
Jau
DeO
80
Deo
3
1
'.
Deo
3
5
108
i
J'ne
714
Dec
Deo
2
1
17% Dec
Mar
o
Jan
!
Apr
4 Apr
J'ne2
Ian 4
.May
43,450
14,600
1
J'ne
Mav
1-
J'ne
S7'-, J'lle
404 M;
77', Jan'Jl
si 4 Jan 2
Deo
Dec
Dec
6
23
Jan 115
.
Sep 18
Sep 28
lan 15 1 39
1-Y027 217
1
43% Apr
Nov
i
107%
420
25 Deo
17 4 Apr
37
4 Jan
lti
12 14. I'll' 14
1
27% Deo
Mar
Feb
Jan
76
p L8
'
120
96
'|
Dec
-^'l'
J 'nt
84
15 Apr 16
1074 Mar 4
1
1
1
Dec
1
57% £
Maj
97
47
Dec
132% Dec
7
52
Feb 115
07 Jan
47 -, Jan
E
s,
ian'M 170
19,785
60
7,900
-
42% Deo
/l
68% Apr 19
.Mav
1 1.
4 Deo
66 Deo
Dec
Jll.'.l
93
30
••
37
00
78
Si'P
Jan
Jan
07
0,470
78,300
:
12 '•Mai 20
J'ue 101
U Jan 10 1114 J iy io
000 101', Jan 7 117% S
5. loo
15
Maj
284 Au-27
2. SOU
49 Apr
78%
7,845 15 Jan 21 35% Apr 20
3,200
In
43% Dec
.il - Mar
944 Apr
Apr20
074 Feb!
Hi
12% Jan 21
3,200
30.110
Deo
64 Mar
Nov
27% Deo
21
74
Marl.".
9 177
Sep
Sep
Sep
..... ....
April
>
70L, Jan 15
Eastern
J'n.
J'ly
1
.
22,000 150
27
1
J'ue
4
12
1
75.UO
2
12
45%J'ne
73%J'ne29
Sep 27
los '-Jan 2 135% Sep 27
5
5230 April }290 Oi
07 Jan 5
J'ne22
lll%J'nel7
70
Mav
131% Apr22
Bio Uraiide Western
Do
2
5% Jau
100 1,5
68,984 137
tr. ctts..
40% 414 1 )
70 4 76% IV 1st pref. vot. tr. cits..
514 524 2d pref. vot'g tr. ctfs...
i
Jan
21
2
1st prel
2d pref
pref
Bailing, vot'g
49% 514
i
30
9 208
Jan
Jan
21
Jan
15'-Jan
24
8,7oo
Coast Co
a
i
48
120
145% Pennsylvania
40
Jan
Jan Is
21
400
100
600
700
pref
|>,,cilic
,
n
1
7% Jan 28 114A]U"22
404 M-iV 9 57 Maj o
69% Jan 21 vo Mav 2
124 Mav 9 L54%J'ne29
19
V
1
44%S<
.
i
L67%May
Pen- Marquette
48
'-.Mav
17
20,550
DO
SO
1
81
1,100
3,882
0,010
7,200
Pacific
9
8
1
PittSb. Cin. Chic. A; St. L.
49 4 50 4
Jan
5
----.. «*••*.
744
j'iv20
Jan 30
15 v.lan
000
DO 2d prel
.Yew York a- Harlem...
••••a ••••»-
;
69
18
.
05
1
05
21
12
59% Jan 21
504. Ian
700 41 Jan51
ctf. li
\. Y. Lack. A- Western...
.V. Y. N. Haven A llartf.
214
34 4 x. ST. Ontario a Western.
56% Norfolk A Western..
00
Do adjustment, pref.
100
Jan 10
Jan 21
Jan
Sep
80
173,010
24,760
8,000
pref. vot. tr. ct is.
Do
120
00
00
.
.Ma 1-20
'..
188% Jan 3
294 Jan 21
610
.
•115
120
00
1
IS
81
1
WoruufeDen. C.stmp.
issonti
J
19 a Dei
1
o
Dec
Mar
Aug
109
1
1
1
lo
0,500
1,630
ail.
pre*
prel
Mai
56
9 L88
.Mai
19
0..115
1
I-.
2,53 2
Dodge.
A
2
110% Jan
4.40O
Lchigan Central
.Minneapolis & St. Louis.
Do pref
Minn. 8. 1'. <fc S. 8. Marie.
Do pref
Mo. Kansas A; Texas...
Do pref
07% m
1504 1584
:
214
07
•03
-ss
'07
144
45 4
4
264
52
904
:l
7S 4
,
,
l-'t.
21
May
134
.\I
107
110411 6
274 2 s
51
Jan
68% Jan
•1,200
|7~anawha<fi Michigan..
aVansasCltySo.vot.tr..
17
105
100
loo
110 110
2, 4 28
77'- 78
105
31% 32 4
54 4 65%
'88
80 4
00
68
08
70
144 4
45 4
•00
02
08
211
OP-
',
...... ......
96
150'.,
•
504 51
93% 94%
s
Moines A
:;
23
Southwestern.
Duiniit so. Shore
i>o
pref
Apr 18
264 Apr 29
130
12
.)..n
in
,',
Island.
Louisville & Nashville...
119 „121 4 \ [ anhattan Elevated...
15841594 i'letropolitau Street
"AS
40
Met. West8ide El. (Chic.)
924
Do pref
23'- 2::', Mexican Central
a
14% 14 4 Mexican Nat'l tr. receipts
;
22
cc
.;
78%D<
l
Ayr 29
27
Iv
,
Denver & Bio Grande
93 4
69
Denver
2
3
Vpi 30
\pi "Oil
1
st pi.
004 694
1034 1044
102 4 103 1
'4
Wteel'g.
10 4 16% Keokuk A; Des Moines...
-40
44
Do pref
00
69
I" ake Erie a. Western...
128 128
1 j Do pref
•270 200
L. Shore & Mich. South'n
i,0'.,
1
i,.
,st.
Ul
.u,
April.
4 44 Dec
304 Apr
33
57 4 Apr 15
J'm 70 Deo
75 Mav
004 Sep 2..
100 115% Jan 12 121 Api"20 lo.CJ'io 118 Dec
Jau 30 Nov
Mar
.....
37
7
27% Jan
100 07 A ui_' 7 77% Feb h 40 Jan 72 Apr
Dec
5,550
0% Jan 2 18 Apr 29
750 40 Jan 51
88 s, p 47 4 Man
Mai7
20%
Si
104 -Ian
Apr
29
28%
14
p
6,100 105 -Mav
185% Apr 5 106% Sep 134 4 Dec
vot. tr. Cffl.
2ilpf. vot. tr. ells.
Do
......
10
•128
-2,0
A
Jan
300 207
So., vot. trusl
8
d»-b.
Do
53 4 55 4 TTockiiifr Valley
74 a4 75
O])o pref
144% 1 10 1 Uinois Central
40 4 414 Iowa Central
78
70
Do prel
44
.10541054
154% 1564 154% 155%
142% 1434 143
41
6
&
1
Do
24%
24%
Lorain
1
1,500
7,55o
1,800
tgo Tena'l Xranafer.
J
1
J,.
1
.Ian
ISO
&
2
May
MaylO 00^.111,2
,.,
'i
ll
75
200
<fc
Oct
M
I.:-
610
3.230
8,600
10,100
Colorado
-l
-Mav
.1
Om.
Cleve. cin. cine.
Do pref
i'i<
1
Jan
1
8,7o:;
Chlo. Book Isl'dA Pacific
Ohio, st. p, Minn.
D<
3,448 175
Ma]
200
2,500 !68%Jan 21 215
Western
-North
9
72 4-1 an
.
2.,-.,
1034 196% Qreal Northern, prel
Oreen B. A W., deb. ctL A
'-j
53 4
10
"40
•105
100 106
115 4 1154
27
27
"75
77 4
Paul
st.
8
40
1044105
104
118
25
75
244 25
40 4 514
02
04 4
A Louisv.
<fc
1
May
'
i
00
03 4 Kvansv. & Terre Halite..
90
Do pref.
02
"86
104 414
78% so
324 33
•004 024
22% 22 V
13% 144
22%
14 4
13
105
-105
104
•116
25
72 4
05 4
00 4
"90
-05
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223', 22
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pea ke A Ohio
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11
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s
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ll
Oct,
•51
934
564 68%
lout
On bo
STOCK
204 214 •20 4 214
•
53
l'\«.l -
STOCKS
96
loo
99
814
10.'
1
4
054
•93
94
i
TWO
PI 1\(.
1
1',
'
1
77
;,
4 22 4
<
ri:i<
Oct.
•51
53
75
Tli
Oct
"20
-51
71% 70 v
99%
Wednesday
S
•204
204
-51
'.!.">',
\n LOWEST BALE
.1
Tuesday
Mundaii
Oct o
•51
HiiiJli s r
Record, Daily, Weekly and Yearly
Exchange— Stock
Stock
HtO
3
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
9
Chemical
NEW YORK
Bid
CITY
American
^*fc
510
270
ooo
Boweryll ... 300
Broadway .. 410
Butch's <fc Dr 110
530
280
175
165
700
325
200
..
Amer Excli.
Astor
Central
Century
Chase ...
Chatham
ma
Kauks
fiauka
cay
'olonial
•
Columbia
i
130
130
1004
Citizens'
(
550
..
',
.
500
300
335
357%
'oinii,
Commercial
Corn i-.xeh'
I..isi
River.,
lltli
Ward-
Fidelity
A tk
...
Fifth Avell..
Fifth
loo
loo
140
150
225
t
610
Mid
Banks
1000 4100
new) .
1
4
1
700
220
240
430
1
Gallatin
.aiiM vooi
i
I'
140
1
..---.
del-mania'
..
'
Hamilton'
Hanover
..
500
.Mercantile.. 250
175
60
Meroh
700
Hide &
* Bid. and askedjprloes; oo sales wore made on this day.
Less
8toclc "cornered"
t Sale at Stock Exchange or at auction this week.
||
100
Mfr. 2 55
Liberty
500
OOO
Lincoln
Manhattan^ 200
& Fill 250
20O
.Moll A Tra' 125
i.\eii
155
185
Merchants'. .
Metropolis! 050
Bit
Itlllllv.
Ask
115
175
500
,'
iY6"
N
V
N
lot),
:'tl
.
325
27.1
1
v
.
North
280
2
1
..
245"
o
...«nl'
Orielli
200
Union
8
iks,
.1
as high as 1000.
133"
Leth.
.
"
sales tor "cash
Jlid
2 75
.Mutual'
.
Gorman a m"
150
Banks
Mt M,
i
•
500
Id
ItnnkN
Sid A Bk
tt Trad.
580
Imp
1
Fourth
t
Ask
725
Ex dividend and
t
.
110
110
300
r.-
Trust Co. certlncates.
770
Stock Record—Concluded— Page 2
BT0CKB—S1QSB8T AND
Oct
-in
1
1
1,
.,,,,/
S
Oct.
,
»10%
-ID
•20
120
i
120%
'J
120%
18%
*77
77
'
27*9
»
i
'
60%
69 >a
56
5 !••<«
SI 'h
]
32%
86
86
89% 40
*117
20
119
•jo
1
1
-..
59
loo
"95
84%
38%
7 %
88
20
88
a
2
1
'<
38 '4
37-'4
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•48
•28
17 ^
50
30
20=8
40=8
180
40%
195
1
1
20
'
T
1
•88
87%
17%
87
%
-17
-48
7
50
28 1a 28 Hi
20% 21
40%
41
24%
JO
25
29
§29% 29%
27
30^ 41%
95 % 96 \
-40
40
*S3% 86
114
99
*
»
78
30%
35
•210
'9%
90%
•123
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0%
95
90
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42
84
157
114
99
169
•15
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18
76
34% 30%
210
210
11
92
132
16
-9% 10
88% 92
123 133%
210
•15%
10
10
212%214% 210% 212%
'117
1
•88
186
*0
20% 26%
•62
'15
04
25
45% 45%
25
25%
85% 85%
7
-6
27
•24
39% 40%
95% 96*i
40
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113 110%
115 110
99
90
195
7
27
40%
41
90
96
40
84
*
is
1
% 21%
98%
"95% "98%
87
87%
20
19
85%
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17^4
48
49
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80
20% 21%
41% 41%
180
195
86% 89%
2
4
Hi
18
25%
81%
30
24%
*0%
825%
40%
85
90
02
22
48
26
85%
7
25 'a
42%
97
&
Do
st.
so
40
117
119
2
% 21%
1
88%
41
99
Do
pcxas
I luril
ToL st.
Do
oils..
pref, vox. tr. ctfa
&
Pacific
(X. Y.i
Avenue
j,. <fc
W.v.tr.ctfs.
tr. ctfs.
1
21%
41%
*180
Do
Do
50
ranalt.
Do
.
.
lstpref
2d pref
v. tr. cfs.
pref. vot. tr. ctfs.
88% 90%
malgamated Copper...
American Bicycle
2%
"9% 15
Do pref
25% 25% American Car & Foundry
*
81
81
Do pref
30% 30% American Cotton Oil...
Do pref
61
15
45
American Express
American Ice
193
28
64
20
50
Do
pref
American Linseed
Do
pref
25% 20% American Locomotive.
85% 8534
Do pref
*6% 0% American Malting
21
27
Do pref
42% 44 Amer. Smelt'g & Refin'g.
97% 98
Do pref
40
46
Jan 29
:,7
12,100
2]
1
%:
7--,
22
".
•;
J'ne
•
.|,r.;n
41% Jan
M
29
9 301
j'nelO
71
:;
21
'.hi
10%
25%
I
May
28
1:111
Si
:;
:;
9
1
06% Sep
r,
11%. fan 21
38% Jan 17
26
116
•0%
115
7%
•25
519
249
27
19
115
134
130
7%
*6%
26
•20
26
28
•0%
83"
-6%
7
•30
21% 22
75% 75%
88
6%
39% •30
44% 44% 44
38
44
•84
90
101
87
•90
• 101
*8
»42
• 100
19%
•80
34%
•133
-90
91
103
18
43
101
90
35
•85
139
71
*133
•91
97
40
•75
24
77
23
•75
•29
•78
4%
•4%
68% 60
78
25
77
31
82
4%
32
15% -14% 16%
70% -68% 72
95
•90
11% 12%
79% 80
14
14%
92% 93%
60
123
160
90%
95
11% 11%
78% 79
14
50
50
42 Hj 43%
90s,
71
145
94
41
56% 58%
32
«160
90
214% 215%
4
*3% 4
10% •8% 10%
14%
14% 14%
05 H
65%
64
4%
• 57
• 118
10 7 e
101% 103%
37% 37%
•29 Hi 31
•70
78
70
•90
100
34% 34%
38 H
70% 76
•213 215
•14Hj
18
41%
19%
197,
38
•73
.
-8
41
100
40% 40%
-3%
*S%
14%
65%
23%
'JO
14
850% 50%
41% 42%
92
•57
•118
•160
90
92 34
60
125
175
90\
J Ty
Jan
Jan
36
Apr22
J'neUl
J'ly
Deo
Deo
Deo
14
27
Sep
13% Dec
44% Sep
Mar
21%. I'm
2034
Jan 21 35
Jan 19 89
2;
24% Mar
35%J'nel7|
86 Apr 10 91% Jan 8
Deo
Dec
.
16
1
6% Mai
16
Sep
57
Apr
Apr
Jan }150 Nov
Dec 99%
8% Apr 23
12% Job 25% Nov
57% J'ne 72 Dec
37 34 Apr
30
Apr
-J- ji.
200 8109 Jan 12 5206 Mar26 8142 Mai 191 Dec
2,460 2534 (Jet 2 41%Marl5 27%J'n< 49% Apr
130 02 Oct 10 77%Mar22 00% J'ne
Feb
25
5% Jan 24 30% J'ly 9
6 Nov 16% Feb
200 31 Jan 24 66 J'ly 9 31% Lee 00 Feb
22%Augl3 82% J'ly 3
83% Oct 4 89 J'ly s
800
4% Eel) 4 8 J'ne20
50 22% May 3 30 J'ne26
34,870 38% Oct 7 89 Apr 20
8,670
1,250
3,350
American Snuff.
88
26
Fell
2C,
104%J'ne20
:.
:
734 Jan
3 J'ne
18% J'ne 31% Jan
34%J'ne 66% Deo
85
.
95% Mar 149 Dec
Mar US J'ly
Sep 598% Jau
107
187
•25
•20
27
25
•25
•20
28
30
27
•20
27
30
27
•22
27%
25
Do
pref
Gas & Elec.
of
t
Bergen
Co.
249% 250% 252%254% 257 259 34 General Electric
45% 45 34 45% 46
40% 47% Glucose Sugar Kenning..
-99% 104 •100 104
100 100
Do pref
101
•21% 22
22
75% 75%
87% 88
22
75% 75%
90%
88
•6%
•30
44
•84
•90
101
7
39%
22
70
90
24
79
90
0%
•33
6%
23
78%
89 34
23».
79
89%
38
44% 46
•84% 87
'90
95
104 105
-8
18
842
42
100 101
International Paper
Do pref
International Power,
International Silver.,
Do pref
62
4,325
7,705
500
5,200
2,700
4,000
100
44
46% 46% Internat'l Steam Pump..
85 90
87
Do pref
•90
95
95
Laclede Gas (St. Louis).
*100 105
105
Do pref
*8
•8
18 Manhattan Beach
18
•41% 42
42 National Biscuit
42
aoo%ioi%
99 101
Do pref
19% 19 " 19% 19 H,
19% 19% 19% 20 National Lead
•85
90
•85
85
90
85
90
90
Do pref
31
33% 33% 31% 33
31
30% 30% National Salt
62
08% 70
61% 65
62
60% 68
Do pref
'135 143
*1S5 145
137 140 New York Air Brake
135 143
91% 91%
95
93
94
96 North American Co., new
95% 96
43 '4
41
42% 42
42% 44% 43% 44 Pacific Mail
102% 104% 102% 104
104% 105% 105%10634
eop. Gas-L.& C. (Chic.)
38
38
38% 38-\ 38% 38% 39% 39% Pressed Steel Car...
•76
80
•76
80
78% 79% 78% 79
Do pref
*215 220
217 218 Pullman Company..
8214% 214% 210% 219
•3% 4
4% Quicksilver Mining
3% " 3% •3% 4
4
•8% 10 H.
•8% 10
-8% 10
-9% 10
Do pref
14% 14% 14% 14 H.
14% 1434 14% 15% Republic Iron & Steel..
65
64% 04% 865
65
60
00% 07
Do pref
2534 27
24
23% 24% 23
20
24%
Rubber Goods Ml'
7.-,
•72
74
75
75
77
75% 75%
Do pref
•29% 31
•29% 31
•29% 31
'29% 31 Sloss-Shelrield St. <fc Iron
-79
•78
-70
82
80
79
81
880
Do pref
-4% 5
•4% 5 Standard Rope & Twine..
84% 4% •4% 5
58
59% 58
58% 58% 61
60% 01% Tenn. CoaL Iron 4RR...
33
32% 34
35
Texas Pacific Land Trust
•14% 15% •15
16
15% •15
"l4% 16 Union Bag & Paper
*69
71
71
70
70
72%
72% •70
Do pref
•90
•90
•90
*90
95
95
95
93 United States Express..
12
11% 12% 11% 12
12% 12% 12% United States Leather...
79
79% 79% 79% 79% 80
80
80%
Do pref
14
14%
15
15
15% United States Rubber...
14% 14% 15
•48
50
50
52
52% 53
52% 52
Do pref
42
42% 42% 42% 42% 43% 43% 43% United States Steel
92% 93
93% 94
92% 93% 93
93%
Do pref
•57
60% •57
60% •57
60% Virginia-Carolina Chem.
60% •57
*118 125
125
121
Do pref
•160 175 *160 170
160 175
i"60*" 170
Wells, Fargo & Co
903,
90%' 90% 91%
903» 90%
est'n Union Tele'gph
91% 92
45
87
95
104
18
•41% 42
99 101
44
•84
•90
*100
-8
900
23% Sep
100
76 34 Dec
37% J'ne 54% Apr
70
Dec
Jau
- Dec
29% Sep
117
Oct 131% Jan
Jau 183
6% J'ne
11%
33% J'ne25
05 May 2
Mar 107 Aug 5
18%MaylO 28 Mar22
69 Jan 21 81% Sep 10
54% Jan 2 100%May31
Oct 4
44
9334
5% Feb
7
Apr 25
May 81
J'ly
Dec
44
92
Jan
Mag
Dec
24
J'ne
64
Jan
Sep
11
40
5
7
Nov
Nov
14% Mar 26% Nov
58 Mar 75 Nov
Jan 21 102
22
46
Sep 17
AprlO
37
92
15
81
23
1,100
14.900
73% Feb 14 109 J'nel8
30% May 9 47% Jan 29
44.5211
9534
1,030
1,335
716
700
7,370
4,250
11,700
500
30
17,430
Jan 22
3% Mar
19
"706
12
05
553
734
89
219
6% May3
12%May27
24
82
J'nel 7
Apr
38% May
90 May
41%Apf
86% Apr
1,
May
9
9
10% May
40% Nov
0% Jan
Feb
28% Kel>
100% Feb
46 Nov
70% Nov
96
175
Nov
57
Nov
25% J'ne
321-,
% Aug
734 Oct
834 J'ne
49
Aug
2% Mar
10% Mar
'-
7 -
7034
Feb
Feb
2
2
8
17% Oct 20 Nov
59% J'ne 71 Nov
4% Mar 10% Jan
49
16% May 2
Aug2S
8334
7 34 J'ne
05
21
Feb
Oct 104
Jan is 42 Apr 20 13% J'ne
Apr 12 19%J'nel7 10 J'ne
April ,5 J'nel 7 50%May
Jan 20 100 AprlO 845 Mar
69% Mav
12% Oct
Jan
Jan 100
90
2
8%J'nel3
76%J'nel8
49% Mar
900
15,560
5,030
2,820
Dec
'4
-Oct 111% Apr
Sep 58% Jan
Apr 29 7034 Sep 89% Nov
J'ne
204 Dec
Oct 10 170
Jan 21~ 120%J'ne21
yv.iv
52 Jan 2
72% Mar o
195% Jan 21
1% Apr 22
7
Mar2U
11% Sep 13
55% Jau 21
21% Oct 4
70% Sep 30
19% Feb 5
7(i
170
55
3% Aug 10% Jan
Jan 21
May 3 23 J ne
Jan 2 103% Aug20 79%J'ne
Marl 4 25% J'nel 2 15% Aug
Mayl6 93%J'nel3 83 Aug
1,450
Oct 3 50 MarJl
32% Oct
1,265 61% Oct in 84 Mar21
09 % Oct
700 133 J'lylS 175 Apr 26 112 Sep
180
1,901
00
03
1
24% Jan 22 40% Sep IH 28 Dec 29% Deo
Jan 24 86%Aug27 70 Dec 77% Dec
Jan is 95% J'ly 8 66 May -|| Jan
74
70
95
8% Jan 28
1,200
Apr
21
Nov
21% May 40% Dec
70 May 95 Nov
tl64 Sep 201
183% Jan 10 269%J'ne24 120
33
2,500
13
Oct 3 101%J'nel9
25
84% J'ne 114% Dec
Maj 140 Feb
21% Dec 22% Dec
128
140
J'ne
2134 Dec
25 Feb
7734 Feb
55934
19
Dec
Jan
79% Nov
J'ly 44 Jan
4 34 Jau 2
47 Oct 4 85 Jan 2 74% Dec 104 34 Jan
24 May 9 55 Apr 30,
55,132 09 May 9 101%Apr30,
51 J'lyl
72 Mar30
116 Apr26125 Aug30
10 8130 Jan 11 8170 Sep
120 J'ne 140 Dec
8.5201 si
Jan2lil00%May
77% J'ne 88% Jau
BANKS AND TRUST COMPANIES— BROKERS' QUOTATIONS
Banks
NEW YORK
CITY
Bid
Varick 11
250
Washingt'n" 160
WestSldell.. GOO
Western..... 000
Torkvillel] .. 240
BROOKLYN
BedfordU
....
Bid
Banks
225
Broadway!].. 250
Brooklyn!]
120
Ask
8th Ward!) ..
5th Avenue!; 100
First
295
Kings
640
Ask
BROOKLYN
Co!]...
85
110
130
Manufaetr.s'. 285
300
215
Mecb <fc Tra] 270
Merchants'.. 100
350
Nassau
Mechanics'
Nat City
Banks
Bid
BROOKLYN
17th WardV. 125
Bprague
200
20th Wardli. 140
Union!]
140
Wailaboutli . 105
1
.
291%
Trust Cos.
t
North SideH. 175
CITY
Atlantic Tr.. 285
N. Y.
Ask Trust Co's Bid
Ask\
C'lR'tyB&Tr 525
213
Central Tr'st 1875 i950
City Trust.. 350
160
375
Colonial
Continental. 430
195
205
400
Farm Lo&Tr 1400
1050
Fifth Ave Tr 960
Guaranty Tr 085
Knick'rb'k'r 700
Manhattan. 450
950
Mercantile
Merchants'. 325
295
Metropolitan 500
195
* Bid and asked prices: no sales were made
on this day. 8 Less than 100 shares.
} Ex rights.
t Sale at Stock Exchange or at auction this week.
s Trust Co. certificates.
People's!!
Ask
725
Trust Co's Bid Ask
MortonTrust 1100 1300
NYLife&Tr
N rsec&Tr
Trust Co's
1250
950
BROOKLYN
Bid
Brooklvn Tr 425
170
North Amer. 24434 1245 Flatbush
Real Est Tr'i 350
290
Franklin
StandardTr't 300 ...... Hamilton
302
410
Tr Co of Am. 200%
Co
L Isl J.A-Tr. 275
Union Trust 1300
320
Manufact'rs.
USMtg&Tr 425
Unit States 1075
Nassau
210
People's
350
lUgton. 400
Williamsb'g. 200
.
Ask
310
220
2l6"
Bowl'gGreen 180
'J
Banks marked with a paragraph
(H)
1
Nov
99
J'n<
1
101
"
75% 75%
88% 89%
-
May] 3 111
J'ni-17
89%
130
Marl9 49% J'ne 8
83%
85% 86% "84
85%
Do pref
900 73 Apr 17 90 J'nel
113% 115% 115% 118% 117%119% American Sugar Kenning 150,110 112% Oct 7 153 J'ne
110 110
115 115 *115 110
Do pref
1,025 114 Sep 30 180 J'ly 19
*
*
99
.99 -97 100 American Tel'gli <fe cable
894 Jan 7 100 Apr 13
159 159% American Teleph <fc Teleg
8 158% 158% *i"57" 159
250 159 Oct 3 67 34 S
* American Tobacco
99 May 9 144 J'ne h
Do pref
137 Jan 2 150 J'ly 12
•13
•13
"14% 16
18
15
17 American Woolen
16
13% Marl6 21% Jan 2
•73% 74%
73% 73% -73% 76
73% 74%
Do pref
100 70 Mar22 8234 J'ly 1
£34
35%
34% 35% 35% 37% 30% 37 Anaconda Copper
29,350 34 Sep 26 54%AprlO
•205 210
•205 212 '205 210 '205 212 Brooklyn Union Gas
100 175 Jan 18 228 Apr 15
•9% 11
*9% 10 3
•9% 10^4
runsw. Dock<& C.Imp't
8 34 Jan 19 14%Marl9
•90
92
92
93% 91
93% Colorado Fuel* Iron... 11,470 41 34 Jan 21 136%J'nel7
91
92
123 132 •127 132 •127 182
127 132
Do pref
116 Marl9 142% Apr 29
IOHj 16 34 817
17
17
17 34 Col. & Hock. Coal <fe Iron.
17% •17
1,120 14 Jan 18 25%J'nel7
213 215
214 217% 217% 218% Consolidated Gas (N. Y.). 14,560 187 Jan 18 238 Apr 15
215 215
s Continental Tobacco
38 3 Jan 4 71% J'ne
"200 93%4 Jan 2 124 J'nelo
113 115
114 114 •114% 115%
114 115
Do pref
•125
130 Hi 131
130
130
127%128%
129%
Diamond Match
1,030 127% Oct 10 152%Aug29
7
7
80% 0% •6% 7%
7
7
Distilling Co of America
250
7 Sep 30 10%J'nel8|
260% 247% 250% 249% 250
45% 46% 45% 47% 44% 46
•100 103
21 Hj 21%
a
49% Apr 171 30
200
l%8ep 25
700 lo Sep 30
19
07
Jan
J'nel7
0'
•115
43% Mai
:;
145 .Tan
Oct
l>'G
,
May22
'>
21
•_•:;
8
Deo
J'ne
13%J'n<
-
11% Jan 3 26 jne
% Jan 4
"ik-ji
11% Jan 81 22 J'ne 4
46 May 9 0O3.i Maris
21 May 9 38 Mar28
24,450
31,140
600
426
120
5,250
2,300
Deo
Deo
DC
111"..
20
j,
52% May
129% Jan
:;
117
1,600
1,400
2,920
21% J
J'ne 5
Jan
Jan
o7'i
11.240
2,23"
1,420
Deo
Hi
..
fne
385,415
21
11.
'
76%
4,000
2.020
7,300
Miscellaneous.
Adams Express
195
g
.'_•.-,
147 Apr 19 157
.Sep 10
282,180 70 May 9
May 2
3,412 81% Jan 21 99% May 1
)>ref
Wisconsin Cent.
"j
lie
j*ne
Jim
17;;
W
31
22
42
4
tr.
97% 100% Union Pacific.
87% 89%
Do pref.
19% 21
abash.
37% 88%
Do prel
17% 18 Wheeling & Lake Erie
50
•28
Highest
I'll
IH.",, 7 111
i
lout
Week
i
pref
Do pref. vot.
Tv. LnCity Rapid
99
l'.Kil
100
0/
Lai pref. v. tr.ctfi
Pac
South) in vottna
r
.tr
'.•
LowrM
2d prel
i.ouis Southwestern..
Do
Ra\
On '/•'
the
<;. j hi. v. 11
57% 69% Southern
88 90%
188% 188% •188
20% 20% 27
02
•16
-45
.J.
Do
68 V
36% 87
36%
'.is
'-".I
27
38% 39%
5
89% 40%
2
07 H
29
88
12
12% *10
a;25%
25%
80
81
881% 81% z81
'8
29%
29%
29% 29%
:i
*24
.-.7%
82
86
2 .-.'4
1
0%
196
85% 87%
<
*112
•15% 18
180
195
•88
90
90
188 »188 198
20 b
26% 2 IP
*02
•62
08
64
*15
•15
18
22
*45
49
50 Hi •45
25
25 Hj
24% 25
84 4 84%
86 "9 85 H
115% 117% 112% 115%
*113
36%
•88
188
20
87
20
•17
18
•is
6]
•28
30
20 Hj •JL
41
41
527% 28
20% 21
40
40%
24%
79 Hj 79>s
0%
87
19
1
85% 87%
2% 3
12% 18 34
HO
6%
"95% 96%
37^
17%
50
•180
195
25%
•24
37%
1
88
20
m%
20"|
98
98
87
20
24
80
20%
1
'95%' 97"
*2%.
*03
817
•45
50H,
25
26 %
84 % 84 H,
%
98
'i
28%
%
Si.
Do 2d prety. tr.ctfi
St Law. & Adirondack...
42% st. i.i.uJHcV; Ban Pran
7s
Do 1st pre!
57
32%
'i
9 7 Hi
83% 80%
90
192
20 ^
07
17
27
:.7
94% 96%
3
18
29
•88
•185
66
1
98
*a%
'-j
78
66%
1
20
180
84% 88%
79
66
3984
-_
•is
21
I
7s
86
85%
in
40%
J117%118 M 17 118
'20
"20
2 %
2
•84
3 7 H;
86%
84
97
96%
'4
57
25
122
56
31
:n
•98
-77
65
27 %
70
65% 67
28% 28%
or. v
i
:.7
*2J
121
11
42
•77
79
66 78
66 %
28
EXCHA
7/
21
•10%
121)';
40%
-1
Ocf.
-7
67
»20
120
I
Friday
12
12
1
1
STOBK stock
•10
1
•
i;oi..
.•_.
/(/
I
12
«;,.,
<
STOCKS
Monday
Babui
Oat
*
LO\
[Vol. LXXI1I.
are State bank*.
.New York Stock Exchange— Bond Record, Friday, Weekly and Yearly
01
i'\(. .r\ i\(. km
(
BONDS
X.
it
i
i
BOND*
•'•'•'
:
J
\\
I
OCT. 11
Hi
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11
,
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llnjh
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107
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108 Hi
in
1
Government
Iiiiciiiii
\pi-ni
5s ol 1899 Q-J
/ie*e
ManAlabama
K A
are
j>r
u
li'i'.v
a tlw
A
4
1906 J-J
i
10S
Sep
108
to
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<
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,.i
li.T
103
L9 19
A-O
1
'01
L09 l*Oo1
Ss
!''•
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Louisiana in
oonsol 4a.. 1914 JSmall
-v.i
l'.i'.i.. J
Missouri lundiug
North Carolina oonsol 4s. 1910
J
Small
Os
1919 A
i 20-40
1933 J
Teun new settlement 3s.. 191!
Small
Virginia fund debt 2-;>s... J 9 vi J
,\
A
125
.1
100
i»
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lofum
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.
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klar'OO
96 >9 £
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p -in
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00
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106^
1063.J
.
90
':
Sep
96
'01
93*9
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7U
'.j
96 s<
J
..
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10
:,
j
Railroad
Alabama
1
.
•
N
9C
9G
Pale
8al<
-
in-ji.!
Loa
"98"
97
95
Sali
A g 5s.. .1902 J-J
Chic it St Lotus 1st 68. .1915
Atl Knox <t Nor 1st g 5s. .1940
Atlanta it Danv 8< Soatli Ry
Atlautait St'adk See South Ry
Austiu it N
See Sou Pacific
Bat Creek it S See .Mich Cent
alt 6i uhio prior 1 g 3 "as.l 925 J-J
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It 1926 o-,i
Oold4s
fel948 A- (J
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/( L948 o-j
VI- s
Conv deb Is
191
PJuilct.M DlVlStg3*2
M-N
Registered
pl925 Q.Jf
South w Di v 1st g 3 His... 1925 J-J
Registered
/il925 o-J
Mouou Blv 1st gu g 6a. .1919 FA
Ceu Ohio R 1
..1930 M-S
MS
JD
100
on
103 h 762
101
H'v
102
v
loi
98
Muvoi
Chic Milwaukee A
M«fe St P Isi 7a
101
95
1st 7s
95 \ Salt
93
102
Sale
loo
^
Sale
SS
'89>a8aYe
100
94 Vj 973j
y.-p'2
or.'-
99
105
101 'j 104
79 liiil'-llO
89^ Sep '01
87
91^4
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88*8 "92"
"88«s""89 5a 56
OOHjJ'ne'Ol
M-S
91
90>-2
.
llSH: 117^ Sep
J-J
103
1261*.
L2 !
J-D
120 >4.
128
127
128
100
Nov'99
1
A-O
A-O
10.-1
1
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20
105%
L22 aSep 'in
lii.v-j
.
,
117
11 3 '-
1001-2
107
107 ^2
t ,\
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1
utiHe
-'7
North
Illinois 1st .5s. .
OttC Kit st Paul 1st 5s
Winona
st Pet 2d 7s.
107 111
100 34 108
&
91
95
101 ^102^ 102^ Sep '01
117
120hjMar'01
96
119
103 Hi
100
107
«
72
20
*
14H.
103
Sale
28 Hi
16
58.... 1947 J-J
106
103
107
105H»Sep_'01
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2
26
27
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96
102 J'ne*99
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Jan
111)
113*2 116
102
100*4 Sah
89
90 H,
104H;
31 103*2
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180
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IV '99
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1
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14
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130
127*4 130
106% Sale
1
Sep'01
J -J
99 7e
J-J
J-J
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90
95
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on Next Pa«e.
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103
171
2
88
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Railway
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194:,
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5s
gold 5a
Third Ave 1st
1st oon guar
J'ue'00
-
100
102
101
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Oct
'OJ
119
122
119
119*a 119
Sale 122
111)
1-2
Friday; latest bid and asked this week,
Due Jan
2000
'1
W
22
Hi
<;u!< and Electric Light
Atlanta G 1. Co 1-1 a
Boa
Oaa tr n
Bklyn U (.as isi eon
1
1
7 Hi
1
122
Dei HH
a
.1
1!hio) lsi g 5s.
101*2 loi
Mar'98
109
121
I22*a
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L06
110 Apr'01
'01
1 11 Hi Jan
.
111*8.
Ill
.
110
,12Hi
J-J
Id
95
121 34 s
122
I
-1
J-J
lsl g 6s.. 191.
colnr g 5s. 199
i1
ColitOiliAvlst gu g 58.1993 u s
J.i \ A\ A P l-'l.-l gu
58 199.1 M-S
Met W S 1.1 (Chicj Ls
F
Mil 1.1 k.v ,t l 80-yr
is. 1926 F-A
Minn st By let
.1919 J-.J
:-
1951 J-.I
.1922 J-l
Btvay<fc7thAvlstcg5s
Registered
B
Street
Det en St By 1st cong os. 1905 J-J
OrBaplda Ry 1st g5s...«191t .1-1
Louis Ry Co 1st con g 5s.. 1931 l-J
Market St C By
Ill \
l
i
IO434 108
:,
>
S Ry Ba
Den Cou Tr Co 1st g 5s.. .1933 A-O
Den Tram Co con g 6S..191I J-J
Met By Co 1st gu g 6s.. 1911 J-J
City
M-N
m-n
M-S
1909 M-s
907 M-N
1
Street Railway
Brooklyn Rap Tr g ;>s
1945 A-O
Atl Av Bklyn Impg 5s.. 1931 J-J
BkCity 1st con 58.1916, 19 11 J-J
BkycoiV - con gv e 5s. L941 M-N
Bklyn L'u El 1st g 4-58.1950 F-A
Kings Co El lsl g 48
1949 l-'-A
Ls
83
105'
'v
noHs.
Chic Ruck Isl & Rac 6s. ..1917
Begiatered
1917
General gold 4s
1988
red
1988
Des M <t Ft D 1st 4s
1905
lst.2HiS
1905
Extension 4s
1905
Keok & Des M 1 si 5s
923
Chic.t St L See At eh Tit s;i 1mOhlo st
See 111 Cent
Chic St Lift Pitts SeePennCo
P M it o con 68. ..1930
Ch St 1' it -Minn 1st gOs 1918
Nor Wisconsin 1st 6s. ..1930
st I' it s City 1st g 6s.. .1919
UnsCElXiANEOUS BONDS—Contained
Na-
KI3
\-0
]91nM-s
Mil L S.t West lsl g 6a 1921
Kxt <fe Imp 8 fund a 5s 1929
Ashland Div lsl g6s„1925
Midi Div 1st gO.s
I!
Convertible deb 5s
L907
1
Dot
Mobile Div 1st g5a
1946 J-J
Ceutol is' J 1st consol 7s..l902 -M-N
General gold, os
l'.t.sT J-J
Reglsten d
yil987|W-J
I
J-D
1913 J-D
Chic <fc N'west consol 7s. .1915
Gold 78
1902
Registered
1902
Extension 4s
1886-1926
Registered
1886-1926
General gold 3 His
1987
Registered
»)1987
Sinking fund 6s... 1879-1929
itered
1879-1929
Sinking fund 6s... 1879-1929
Registered
1879-1929
Debenture os
1909
Registered
1909
Debenture 5s
1921
Begiatered
1921
Sinking iuud deb 5s
1933
Begiatered
1933
DesMo&Mlnn 1st 78..1907
Milwit Madison Ls1 6S..1905
1110H2IO9
Aug'01
.0
94.5
&D
Incomes
pl945 ^-a
l'.ilo M-N
H-N
1
4
; 1
Atl
ldl
10S<4
119H> 12 7'-2
ohm
Sdprel income r 5s
pl945 pot
Sdprel income g 5s
pl945 u ct
Mac«fc NorDivlsl g 6s. 1946 J--I
(... iv
21
Nov'00
107
107 !e Oct '01
107 Aug'01
1
91
g Os l'J37 M-N
1st g 68. .#1945 K-A
,">s
130 '4
131
J-D »112
col
lstprel income g
4
127
128
1
Ced R la V <t A' See BOB & S
Ceu Branch U Pl8tg4a...l948 J-D
Cen Branch By See Mo lJ ac
•ui'i-il
»1 115
Apr'97
FA
190s'J-J
1913 M-S
1913 M-s
Carb <fc Shawn See ill Cent
Carolina Cent 5eeSeab<£ Kuan
Carthage it Ad See N V C & 11
Cent ol 1. a RR
Begiatered
Consol gohl os
'01
118 3
A-O
1st us
it
1
Mil&NolstM L
J-J
2d us
Registered
See Haiti
J
101
Sail
';
182 Hi
182 Hi
1st consol 6s
iy34|A-o
it li ol lia
101
182 Hi
6s. ...1910
104-' s
90
CKU'ifc.N Wist gu 5s. 1921 A-0
Cen R R
94
ll>'J3„
^O
1902 J-J
1903 J-J
W
94^8
95 ^ 43
95'vMai'lil
Ull r-»
102 '^ 102
lOl^Sep'Ol
Bur Cedar B it JXe 1st 58.1906 J-L
Con 1st it ool trust g5s.. 1934 A-O
Central uhio
HI
F-A
F-A
J-J
D.1902 J-J
May'00
108
108
i
M <t St List gu g 78....1927
1;
I
Montank See Lung 1
West see Sav E it W
Cauada South
e
J'ne'99
94
90
2*0
Mny'Ol
108
Beech Creek Bee .N V C it 11
Believ <t car See Illinois Cent
Booiie Bridge See .Mo K A T
itered
A-O
.1
1
1
1.913
M7s
lStCife
99
95
903
-
17
ill
95",
W
Registered
J-J
107
1910 J-J
111
'J4 34
,
V A; Krie See
Bunalo R A P gen g 5B...1937
Debenture 6s
1947
All it \S est 1st g 4s gu.,1998
Ci<t -Mali 1st gu g.Os
1943
Roch & Pitts 1st g Os
192]
Consul 1st g Os
1922
Buttalo & Southwest .v
Bullalo <t Susqu 1st g5s..l913
10-2 Hi
91
Paul—
SI
BD
gold
id
19
lis.
Chic Mil <t SI P con 7s. .1911..
Terminal gold 5s
19]
General g 4s series A..el989
Registered
«1989
General g 8^98 series B.el989
1921
:lnc it \j Su Div g us
Chic it Mo Blv D1V6S...1926
1910
Clue it Pac JJiv 6s
Chic ,t P
1 921
1st g 5s
1910
Dak&GtSog5s
192
Far & Sou assu g Os
1910
Hast & D Div 1st 7s
1st 5s
1910
1908
I it 1) Kxten 1st 7s
Lacrosse
1st 5s. ...1919
Mineral Point Div 5s... .1910
so Minn Div lstOs
1910
SouthwestlJiv lst68....1909
1921
Wis & Minn Div g 5s
9 i\ salt
"
ftl995 .Vol
it
,t
Bullalo A'
loo
tt-N
193'i
Reluildillg gold 5a
Louisv
A dfcCh LSI
ft
Bkiyn
Bruus
I
1
t
Stamped
Equip tr series
J.
100 '4
(luc it 1ml C By lsl 58.1936 J-J
!hioago it Brie Sse Elrie
Clue in A Louisv 11 f 68...1947 J-J
1
i
A
"
85
-
itered
8( a
laba Midi
'l
1
p'Ol
191
1
So By
See Sav iia'it V7
Albany <&Susq See Del <S Hud
AUegUenj
mi Kit
Alleg A v>
i: (V- P
Am Docket liu See Cent ol N J
Ann Arbor 1st g 4s
A1995
Atch I it 8 l e ecu g As.. .1996 A-0
Begiatered
1995 a-o
Adjustment g4s
M995 Noi
Is.
Noi
Register! d
Cent
N
M
lien SHis... 19
1st
<i
1
i
i
-
»
K)7Hi
I
'
Chic Bur a Q consol 7s... 1903
1901
Sinking fund 6s
1905
dried
1922
Denver Div 4s
1949
Illinois Div 8H*8
lowaDivsink fund 5s. .1919
L919
Sinkingtund is
Nebraska Extension is. 1927
Ki gistered
L927
1921
Southwestern Div 4s
joinl bunds See Great North
1913
Debenture 5s
llan it St Jos consol Os..l'.il 1
1st
1
Chic it E 111
cur 68.1907
1934
oonsol g 'is
;> in ral oonsol let 5a
1987
126
LUg'O)
M
BlSl
itered
hi;;'..
104'
in.,
Ms
i<
-
:
\
.Miss Kl\
Class B 6s
iClass
iim
1
,
-
ill
Dlst
>
I
19
2d consol K Is
Warm bpr val 1st g 5s. .1941
L902
U
By Lsl
Orei nbi
a aii ki: a tuna Bs.. 190
-
b
Securities
olass
A
-
1992 M-K
L940 J-J
Miu'lll
LOO
:
'1
His
I
i
il
in,
L21
' Wl
H
(1
10
1
1904
!."
red
113'
19
Isl COII
'
I!
ipon
1
ll'J -
1'J
'.
12
L14»s
1
I'Ji
1
.
I
111
,u bonds., kill
small bonds. .A.T9
1
lOlHi
N
i'i
Chic si Kl.yrlsi CUI
40-year consul gol,.
-J
J
AC
VI
102
112
105
103
1
N
i
-
u
Due Apr
e
Due
.May
j/Due.i'ne
,c
:
„•
p Due Nov
1
115 119H»
1
Option sale
Bond JieCOrd—Continued— Page 2
772
BONOS
Zi
STOCK KXCHANOI.
WHKK ENDING Hit.
N. Y.
I
]
Price
We*
Friday
on. ii
Bangt
m
17
Chicago Tet Trans g 4s...
due a- west 1st i Eg 6a.. L919
i.i inral gold 6s
gl932
Ohio a Wesl Mich By 5s.. 192]
Choc ok a Q gen g 6a ...ol919
Cm 11 a D consols f 7a... 1906
2d gold %s
1937
tow
C
A
C
St Lit
1
1st
I
(Til
S«<
g
I'M
:1s..
fro
Jtii/lt
18
l07%J'lv'ol
Ll2%"""
I
ion
108
Oct '99
CCOtf Ml.
cms a
IGOStL
a P
learneld a Mali See B
COCA si Lgeneralg4a..l993
1
X. V.
n ce
January
Low
i
Od
'00
1
J'lj
01
02
107 '4 K'7
117
119*4
Cain. Div
On
Lsl
M
I
St L Div
Registered
Bpr<£ Col 1>iv
U \v Val Inv
C
113
la
st
J-J
M N
115
May'99
1st g Is.. 1940
lsl g 48.. .1940 .r-j
I
1
,
I
1st
%
J.
Ill -
J-D
J-D
129
J.)
J-J
136
1
01
Sep
"a
'01
1
6 "a
lJl'-jJ'ly '01
1
•>
100
104
106
1
181H
•"'
1
113«8ll.-,l-2
•
JlyOl
133
.
'•
1
130
138
133
138%
J
.1
1
12.7
..>
1
96
70
Sep '00
1
128%
4.71-2
100%
70%
129% 130%
l;,\-|ll
J
80%
-J
FA
g 4s.. .1929
7913
sin,
80
80
s7'i Bali
87ia
80
88
Sale
78
77
::
104
83
87%
87%
89%
W
Col Conn it Term See N it
Conn it Pas BiVS Lstg 48.1943 A-0
,t i;t s„
& si
gee
alias A Waco See M K a
Del Lack it Western 7s.. .190
Morris <fe Kssex 1st 7s. .. 101
CM
W
1
T-'-j.
138
136
it
120%
136%140
loi % 104%
-
1
Oct '98
133%136%
18%119%
L04%104%
117% 117%
lll'.j.l'lv'Ol
1
L17?8 May'O]
ref gugS%s.2oOo
B Gr lst
Sec
I'a
145% 147%
145
113%
110
113
149
in:
L22
Aug'O]
1101-2
Oct
112
J'ne'O]
.i
Jan
102%
108 34
19
116
150
117
1101.2111%
112%
112
15034 1531-2
151
'01
102%
00
108
107
1
J-lle'l'l
Sep
93 b
94
1
DesMoi&FtD iceCiUtll'
Des M & Minn See Ch it X W
DesMoiUu Ry 1st g 5s. .1917
Det M & Tol See L S it M Si,
ill
113
115
'in
'0 J
152
l.vj
102%
ii,
I
J'ne'99
151
BR
con g 48.1936
1936
Stack lst lion g
r
J-D
98
199£ J-D
Iron Kauge Ist5s..l93"
Registered
in;;, A-O
2d 0s
1916 J-J
DulKeil
S Istg5s...l928 J-J
Dul So Shore it All g 5S..1937 J-J
90
113
4s.l9'.). >
Gold 4s
AO
.
92
'alHar&SA SeeSoPaoCo
^
'al
'01
93%
92
151
1 n.t >a
1
st
(lila
& Ga See So By
Last lst g 58.1941 M-N
Lex & B San See it o
Cort & No See Leh & N Y
Erie lst ext gold 4s
194
1910
2d ext gold 5s
3d ext gold4%s
1923
4th ext gold 58
1920
5th ext gold 4s
1928
96
111
Feu'Ol
108 34
H1
102
91
J'ly'lll
Sep
102
85
110
102
110
Sep'O]
'01
9ia4
110
M-N
M-S
m^May'Ol
112
112'uApr'O]
112%112%
118% Jan
.121
Ms
115
A-O
120
118
1st consol gold 7s
1st consol g fund 7s
Erie lst con g4s prior. .huh; J-J
Registeret
1996 J-J
lst consol gen lien g4s..l996 J-J
'01
118%119%
l20%Apr'0]
120% 121
111 118
12334 124
107 107
139 143%
111 J'lv'ol
123 34 Mar'O]
107 J'ly'01
J-D
1921 M-S
1920 M-S
Sep'O]
i:;;i'i
L35%May'01
98
1
97%
Sale
"88"
99
86%
Sale"
135% 135%
95% 101%
Os
99
82% 91
Ausr'Ol
99
88
1996 J-J
10.71 FA
Penn coll 1r g 4s
93 % Sale
92 b
93%
BuffN Y& Erie lst 7s. .1910 J-B 133blb6>-. !36%Apr'01
62
W gold 6s
1908 J-J
Chic & Eric lst gold 5s. 982 M-N
Jeff KR lstgu g5s....al909 A-O
.
(is..
.
Coal & RR lst
Dockife Imp lst cur 0s.. 1913 J-J
115
113
116
«2 105
137
l8%Aug'01
123
108
140
Han
107 %
115%118%
110
110
Sep
Nov'97
123
65
123
100
.107
111
119
94
04
100 107%
115%115i-2
107%111%
'01
J'lv'Ol
123
107
Aug'01
126
111
i'oo"
95
114
Ang'01
108
114
E&
EqG LN Y lst con g 5s. .1932 M-S
Eq G & Fuel See P G & C Co
119
J-D
J-D
60
97 b
07 b
105
10
94
loo 102
105
103
106
No price Friday;
118b
07
118bll8b
118b
Oct
'01
67
155
185%Apr'0]
FA
107 34 D,
'.
101
:,
103*4
1
98
Sale.
96^
106
107
106%
98
101
5
1" 103% 109%
10634
104% 106%
103%.
105
113
115%Apr
e
I
Registered
lst gold 3%S
Begistered
1st gold 3s sterling
Begistered
10.71
10.71
10.71
.
1
,
115%115%
01
13%Mar'O0
ml
i'0'2";
Aug'O]
107%
104
102% Apr '98
195]
10.71
gold 4s
1952
Begistered
L.N
it Tex gold 4s.. ..1953
Begistered
1953
Can,, Bridge gold Is
I960
Louisville Div gold 3%8. 10.7:,
Begistered
1953
Midland Div reg o.s
192]
St Louis Div gold 3s
95]
Regist ered
0.7
'2 lot
J'lv'ol
106
102
11st
'
..
Sep'O]
Os
Jan
'Oil
Oct
'ol
...
111%.
ii8%
106
102
106
102
102
100 4103
May'99
\pr'ol
90
Bi
102%
10.71
Listered
in
195]
Spring Div lst gS%8...195]
Western Lines 1st g 4s. .10.71
Registered
1
0.7
I
1
'.lid '99
Oil
•
115%
111%.
1
Bellev&Car lst 6s
L923
Carbife Shaw lst g Is.. .1932
Chic St LitXO g 5s... 10.71
Registered
195]
Gold.3%8
10.71
Regis ered
10.71
Mempll Div 1st gls.
0.7
Begistered
195]
St L Sim 1st gu g 48.. ,.193]
.
.
]
124
May'01
V
127%
Si
"89"!
124
Sep
101%
127
-
96
105
and asked
106%
1
Ind Blit West BeeCC C& S1 L
Ind Dec &
1st g os
1936
1st guar gold .7s
1935
In, 111 it la 1st g 4s
1950
Int di Great Nor lstg 6s.. loio
2d gold 5s
1909
W
124
124
ov'98
124
'01
101% 101%
I
!02%Nov'00
106
105%
100
125 b
RR
1271-2
'01
Oct
'o]
80
78
"
.
lst gold 5s. .1038
ii'f 5 iSale
105%
99% Oct
126
100%
100
1021
3d gold 4s
107%
106
103
I
116%
107
10.7
00% 99%
128
103
80
115% 118
124
96
101)1-.
Ang'01
117 W
See Erie
A <fc G R See L S & S
Kal
an & Mich See Tol & O C
M
K C & M R & B st gu g 5s. 1929
Kan C & Pacific Bee M K & T
A-O
Kan
City Sou lst gold 3s. .1950
Begistered
1 050
66%
66
63% Oct '00
67
66
*
Kansas Mid See st L & S F
Kentucky Cent See L & N
Keok & Des Mo See C R 1 & P
it Ohio
See So Ry
Erie &
lst g5s..l937
2d gold 5s
1041
North Ohio 1st gu g 5s.. 104.7
L Sho & Mich S See N Y Cent
Lehigh Val (Ba) coll g 5s. 1997
Registered 5s
1007
Leh Val N Y lst gu g4%s. 1040
Registered
1940
Leh V Ter Ry lst gu g 5s. 1 04
W
123 120%
118% Sale 118%
120
V
Leh
<&
110
112
110
109
.
ii4%;
66% 72%
3£
1183,124%
120b
118%
14 117
J'ly'01
110
119%
115%
110%110%
110% May'01
Regist ered
1041
Coal Co lst gu g 68.1933
Registered
L9S3
Leh
110
111
Aug'01
Mar'O]
108% 111%
114%
1141-2
Oct '00
10 1141-2114%
100
109
'2
111
J'ne'01
109
109
lst guar g 4s. 104.7
96%J'ne'01
95
100
Registered
1945
El C & N lst g lst pf 6s. 1914
Gold guar 5s
1914
102 h 101% Sep '99
121
123
00
105
N
Y
iof";
.
.
& Hud R See Cent of N J
& Wilke.su See Cent of N J
Leroy & Caney Val See Mo B
Leh
Leh
See Erie
1st con
g 5s. h 1931
lst consol gold 4s
ft.1931
General gold 4s
Ferry gold 4%S
Gold 4s
Debenture gold 5s
Mont
120
102
100
1938
1022
1932
1940
1934
121
97%
92%
J'ly'01
10214
101%
105
105
100
O8I4
101%
1
102% 105
J'ne'01
Oct '00
98
98%
95
Feu'Ol
109%110
109%.T'ue'Ol
107
Jan 00
105 Mav'00
113 Dec '00
1911
lst 5s
N YB&MBlstcongos 1936
Y&
R B lst g5s
1027
N
Nor SUB lst con g gu5s o 1932
Louisv & Nashv gen g 6s. 1930
1037
Gold 5s
Unified gold 4s
1940
Registered
1940
119^ 119% Oct
1134
10134 Sale
CoU trust gold 5s
1931
Coll trust 5-20 g 4s. 1903- 1 918
Cecilian Branch 7s
190
EH<fe Nash 1st g 6s
1010
99 b
LCin A- Lex gold4%s... 1931
N O & M lst gold 6s....l930|
'01
114 Sep'O]
101 34 10134
112% Sep
99
90%
101
95
97
95
1st g 6s. .1911
37
112
111
09 34
120%
114%
104%
110%1I434
'01
99
102
106
116
103
130
Apr '01
Jan '98
116
116
J'ly'01
130
13034
114
Oct
Oct
'01
Dec '00
on Next Page.
coo
102 b
185b
Ed El
g
F-
g 58.. 1910
1995
NY&QE1 LAP 1st eon g 581930
Paterson it P G it E g 58.1949
Peo Gas it C 1st gu g 6s. .1004
2d guar gold 6s
1904
1043
lst con gold 6a
Ref uniting gold 5s
1947
ChG-L,tcke 1st gag5s 1937
111
1st
1'iiiiv
1st consol gold 5s
100
this
126%J'ne'0]
96 Oct '01
109
109
week,
....
...
I
o Due Jan
124b 126%
iHJ
2 107
96
110
d Due Apr
Mu Fuel Gas lst gu g 58.1947
Trenton Q A Kl 1st g r.s. .1040
Dtioa E Lit B lst st 'g.7s. 10.70
Western Gas Co col tr g 58 1933
eDueMay A Due J'ly
A:
113
M-s
J-J
115
'01 ....
s
08%
lU9b
121%Apr'01
121
121»4
102
% J'ne'01
102
1107
J'iv'oo
119
..
I'-A
lo.-%116
10.7
105% 108
00 lg
9534
105 Oct 01
96% Sale
\
I
1-2
104b
M- s
M-N
J-D
M-S
J-J
J-J
1102% 104%
120 126
Dec 'OS
103% Sep '01
108
1IO6
108
108
107
104
M-N
.106
J-J,
J'ne'01
104
104
10534 Oct '01
109
M-S,
M-N
Due Aug
124%J'ne'01
102% J'ne'01
Ad
Con G Coof Chlstgug5s.'36 J-D
EqG&FCh lstgu g 68.1905
A-O 121
4s 1030 J-J
latest hid
120
A-O
A-O
Lac Gas Lot St L lsl g 5s.el919 Q-F
Mut Fuel Gas Co See Peop Gas
*
10
111
07
w
NYGELH&Pg
5s...l04> J-D
Purchase monev 4s. ..1949
97i-2
Ed E 111 SeeNYG&ELllit P
u-
70%
Gas and Electric Light
Newark Cons Gas con g 5s 1048, J-D
-SeePG&CCo
1932 J-J
Columbus Gas lst g 5s
Con Gas Co See B G & C Co
1923 J-J
Detroit City Gas g 5s
Det Uas Co con 1st g 5s. ..101s FA 103
EdElIUBkn ,S'ee K Co E L it P
Ed El II Bkn lst con
,".>-
98% Nov'00
00 % Jan "00
W Tex
MISCELLANEOUS BONDS—Continued
Gas and Electric Light
ElecBergCoc g 58.1949
Gen ElecCodeh g 5s
1022
GrRapG L Co lst g 5s.. .1015
KC Mo Gas Co lst g 5s.. .1022
Rings Co El Lit B g 5s. ..103
Purchase money Gs
100
'00
103
87
%
106
Hi
Bklynifc
116
119
94 Feirm
Sale 107 b 107 h
118% 115%J'ne'01
110
119
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118%121
Oct '98
110
Oct '01
109
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By
I
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136% 136% Long Island
.
N Y & Green
193 FA
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1940 FA
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Sull Co Branch lst g 5s. 1930 A-O
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193
V.pr'00
tc-s
A
1st ext gold 5a
Monongahela Biv
lsi
sA B V
•
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tin
gu 1936
M SS M A Mstg4 nit gu 1926
mi gn'38
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Mo Kan a- Tex 1st g 4s.. .1990 J-l)
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1.
a v
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110
J
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J
112
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1984 M-N
L949
1st oonaol gold 5s
1st and refund
si l. go Be*
P 1st Sastpd isnii
l
is
Ka A AG B 1st guoSa 1938
Mahon CI BR 1st 5s L934
105V
17 >a
W
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1
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unit
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102
103
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Minn A si l, 1st gold 7a. .19; J-D
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Iowa Ex lsl gold 7a
Pacific Ex 1st gold lis ..1921 A-o
.ID
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100
97
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1
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I
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ft
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MoK'pt a B V
Metropolitan El Bee Alan By
Mei (rut oonaol gold 4s. .1911
1st oonBol Income x 88.aT939
LM oonaol in.
u .is. ii 1939
1917
Equip A oollgoldSa
1919
us gold .Is
Mex nternal 1st oon g is:. L97
192
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2d inc i.s v on si mod.. h 19
2d income gold 6a B.../I 191
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Muh ( •m Ret N X Cent
Mldol N J Si
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111
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117
115
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Income 5«
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lllll
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anhattan Ryoonsol
Registered
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iv
l-
8 a
i.
I
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.
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ill
1
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it
Dec'00
115
124
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1
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M..N
i
1.
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I.axt
M
2d icold 6a ...1980 J-J
Pensacola Div gold 6s. .1920 IM K
1921 M s
si i. Div Lsl gold 6a
l'.isoM s
3d gold 3d
Eentnok) Cent gold 4s. 198' J.J
m .v M LstgJ >» L945
l. a
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mi 1st gn g 8a. .1921 FA
Pi I,, a
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sink hind gold 6a
...1910 A -o
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.1945
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N
11
Oct.
ll.
KCB
BTO(
Win; ENDING 0( r.
v
\
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(Continued)
LoolavA NaabA
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BONDH
1
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11
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773
Bond EeCOrd—Continued— Page 8
12, 1901.]
>100
101
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J
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Bond Record— Concluded— Page 4
774
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,
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No
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is
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-j
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Ms
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g
81
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117
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A
si
68... 1932
6s.. 1925
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A
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115
127
112
1144
1154
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I
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20
111
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1
'98
5s. L927
J
120
M-N
1991 J-J
1997 J-J
.sec d A n
& Dan .sci South Ry
Meek .Sec Southern
RioGr West 1st g 4a
1939 J.J
Con sol and col trust 48.1949 A-0
Utah Cent 1st gug4s.al917 A-0
Rio Gr Juno 1st gUg58...19S9 .J-D
RiogrSo 1st gold 4s
1940 J-J
Rocli
116%..
1
90
J'ne'99
IS'..
Sop
98
1
inn
L04
96 Sale
12
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99
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96
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1
92 4
92
2
&
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1940
B RAP
See
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1003.1 Pah'
95
91
1074
Sale
83
94
121
93
F
.116
.116
M-N
j-j
127 34
J-
1143.4
j
A-O
O 1st g 6s. ..1919 F-A
105
gold 4s. .1996 J-J
95
RR
Cent Div 1st gold 4s. .1929
Northw Div 1st g 4s. .1930
SouthW Div 1st gas. .15147
Kausas Mid 1st g 4s
1937
St Louis So See Illinois Cent
1st g 4s bd ctfs.1989
St L S
2d g 4s inc bond otto.. .#1989
Gray's PtTer 1st gug 6s 1947
St Paul A Dul See N or Pa c e
St Paul M A Man 2d 6s.. .1909
1st consol gold 6s
1933
Registered
1933
Reduced to gold 4*38.. 1933
Registered
1033
Dakota ext gold 6s
1910
W
1004
Ala Cen K
1
22
934
9(i l 4
90
90
1
1
15
1
Oct
94
Aug'01
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114's
.J'ni '111
115 4 Sop
'ill
1024 Oct
'00
M-N
J-J
J-D
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78 34 Sale
100
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S
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964
91
100 Apr'01
102 34.T')io'iH
100 4 Sep '01
96
97
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1894-194 1 F-A
1st con gold 5s
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St L
M
Western Div
2000 J-D
92000 Mai
193] J-J
1935 J-J
1st
g
5s. ..1935
139
142
111
115
M-N
1164
Sale
141 Oct
137 34Feb'99
114 Oct '01
11334
11 6 4 Apr '01
1164Aug'01
116
Oct
May'01
106
1204
10241074
'01
105
106
106
1164
1164H64
106
10 106
106
110
PAW
L&
Tol
1st gold 4s.
Tol St
Wpr lien g34s. 1925
50-year gold 4s
1950
Tor Ham & Buff lstg 4s. /(191i;
Ulster & Del 1st con g 5s 1928
nPac
1 gr g 4s. .1947
1947
Registered
1911
lstliei convert 4s
OreRy&Navlstsigds 1909
Ore Ry & Nav con g 48.1946
Ore Short lane 1 St g 6s. 1922
1st consol g 5s
1946
RR&
.
128
1384.
Apr'00
13940ct
J-J
J-J
J-J
'01
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140
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1
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1
120
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111
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'01
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110
...
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110
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914 Sep '00
88
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117
114
113
115
114
117
116
116
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fell
J-J
J-J
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1124.
1134.
1194 sale
90
1124.
105
96
93
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104
119
99
111
115
114
105
1194
884
115
115
,104
104
TI54I204
22
90
Aug'01
T104111
113 1174
1154
113
103 1084
994
95
J'ne'Ol
Oct 01
J'ly'01
Sep 01
964()ct
92 4 Oct
90 Oct
98
1134116
1154 1164
11
Mar'Ol
115
A-O
1935 J-D
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...191"
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11041144
Feb '01
L20
L07
112
]
n.5141014
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71
82
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116 34ll878
142
L39
'01
'01
...
los 4
1
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0041004 Tex A Pac E Div lstg 6s.. 1905 M-S
9s". 222
112
7s-
77 78
1174 Sep
J-J
J-J
J-J
J-J
J-D
J-D
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1
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1st
p nl
See
1 erAof
'01
J-J
J-J
M-N
J-J
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1044 Sep 01
i"074Sale" 1054 lo74
110 Apr'01
107
J-D
F-A
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1264128 127 Oct '01
J-J
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116
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...
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100
1
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129
110
104
103
110
16 10134 1054
130
125
...
...
121
117
106 Jan '01
1174.Tne'01
113 Mar'Ol
Gold 5s
1926|J-J
Uni N J RR A C Co See Pa R
Utah Central See Rio Gr Wis
Utah & North See Un Pacific
95
92 4
86
88
'03
'01
si
81 4 Sale
814 19 73
A-0
98
9841004 984J'1.V01
J-D
"i 106
108
108
J-D 1074
106
119
113
II"'.
...
113
1
Apr'99
120
i'i-i"
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&
Black
\T er Val Ind
Aug'01
111
112
124
109
114
1114
104
1114
123
It, '99
9434 Feb'OI
1064109 34
87 Aug'01
91%J'ne*0]
W
87
2d gold 5s
Debenture scries
A
A
1939
1939
B
Ch Kxt
1st g 5s. .1941
Det
DesMoin Div 1st g 4s.. 1939
Si Chas Bridge 1st g 6s. 1908
M-N
F-A
J-J
J-J
J-J
J-J
119 4 Pale
111 Sale
5?4
Income 5s
(11943 Nov
West No Car .See South Ry
West Shore See N Y Cent
WVaCent&P
AAN
1
Istg6s..l911 J-J
A L E lstg58...1926
Wheel Div 1st gold 58.. 1928
83
954
Exten A imp gold 5s. ..1930
1949
96 111
1st consol 4s
Wilkes
& East See Erie
100 103 4
Wil & Sioux P Bee St P M A M
834 894 Winona A St P .See & >; w
9568 ](Hk
Wheel'g
saii-
96
1
98
A-O
3 -J
F-A
M-S
119s8 38 117 12034
1 1074114
111
99 J'ly'01
55 7a
60 a4
11 Sep '01
Sep'O]
!
$413
1104 Sep '01
A-O 1074
W
2
1194
HI
lll
91k 9158 Warren See Del Tae A West
Wash Cent Bee Nor Pac
Wash O A
See Southern
West N Y<& Pa 1st g 5s. .1937 J-J 119
99
1943 A-0
Gen gold 3-4s
W
1
Bee South Ry
1st gold 5s
1939
Wabash
Series
94 34
l064Feb'0]
87
R See X Y Cent
& W See Mo P
V irginia Slid
111
11041114
1264Jan'iio
Seabit Roa 1st 5s
1926 J-J T10
104 34Feb".»S
Car Cent 1st con g 4s. ..1949 J-J
Shr
it
So
K
Sher
See
AT
Sil Sp oca & G See Sav F &
Sod Bay & So 1st g 5s
1924 J-J
So Car & Ga See Southern
Southern Pacilic Co
2-6 year eoll tr g4 2 s....l905 J-D 100
10078 100^
101
Gold 4s (Ceut Pac coll). AT 94 9 J-D
924 Sale 91 4
924
Registered
AT949 J-D
"" 85 Nov'99
Wist gug5s.... 1941 J-J i'o'o"
111 J
Cent Pac 1st ret' gu g 4s 1949 F-A 101 4l014 101
1014
1949 f-a
Registered
99'eJ'ne'OO
Mort guar gold 3 4s..AT929 J-D
86 34
864 874 SO 4
Registered
AT929 J-D
M
1956M-N
General gold 5s
A-O 114
S Fe 1'res A Ph lsl g 5s... 1942 M-S
S A A A P See So Pac Co
SF& Ni P 1st sink I gas.1919 J-J
1st gold 6s. ...1934 A-0
Bay F &
1st gold 5s
1934 A-0
St John's Div lstg 4s... 1931 J-J
Ala Mid 1st gu gold 5s. .192b M-N
BrunsA \V 1st gu g 4s. .1938 J-.i
Sil Sp Oca it G gu g 4s. .1918 J-J
Scioto Val
58..193
1938
1922 J-J
Knox- & Ohio 1st g 6a.. .1925 J-J
191 5 J -.1
Rich & Dan con g lis
Equip sink lundg 5s.. 1909 M-S
Deb 5s stamped
1927 A-0
Rich A Meek let g 4s. ..1948 M-N
So Car A- Ga 1st g 6s.„. 1919 M-N
Virginia Mid ser D 4-5s. 92 M- S
Series E6a
L926 M-s
General 5s
1936 M-N
Guar stamped
1936 M-N
1st evgu4s..l!l24 F-A
West N C 1st eon g 6s.. 1914 J-J
Ga Pac Ry
113
A-n
I'.'
1916 J-J
1st gold 5s
Lien g 5s
'•''ebo&N
C St P M <feO
W
Is
let e guar 4s. lo
1st gold 5s
106
P A-
g
1918 J.J
1948 J-J
2d gold inc 5s
105
St
Vad
ni.
Registered
15
J -1)
A-0
Registered
1908 A-0
Nor Div 1st gold 4s.. ..1948 A-0
Registered
1948 A-0
Minn Union 1st g 6s
1922 J-J
Mont C 1st gu g 6s
1937 J-J
PA
g 44-68... 1996 J-J
1st
118
107
...
ill
-.pi
111
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.1
TA N
Spok Falls it Nor 1st g 6s. 939 J-J
HI 1144 Stat Jsi By 1st go g44s.
J-D
125 1364 Sunb & Lew See Penn RR
1124H9 Svra Bing A N Y See D L & W
1144MnV01
964
A-O
E Minn 1st div lstg 5s. .1908
Registered
1937
1937
1st guar gold 5s
Registered
1937
WillA S F 1st gold 5s. .193b
Registered
1938
Nor Pac SeeNorPao
St
1943 J-J
1994 J -J
L994
A Dan v 1st
Con
so 4 84
92 4 94 4
111 1124
lll 34ll44
L2848ep'01
116
A-0
A-O
1937 J-D
1937 J-D
ext 1st gold 4s
Registered
MS
1
111
I074
1
E Ten nor
894 98
'01
108
1114S.
j-.i
g 6s.. 191
..1937 J-J
Col& Greenv 1st Us
E T Va A da DlV g
984103 34
ion->,
96 Aug'01
90
90
105 Feb ill
83
83
92 34 J'ly'01
1114
St Tunis div 1st g 4s ...1951 J-J
99
92
i I i
Mont
A"
WO&W
BtLASFran 2dg6aClA.1906 M-N
2d gold 6s Class B
1906 M-N
1906
1931
1931
1987
Div
lar
125
.1
1st 7s
L905 l'-A
1st g6s....l912
1st
-lOl
.
19]
1st
'
111
112
1374
L36
123
....
12:;
P.1912 A-0
Registered
M
A
'
EA
1,1
N
Atlife
St Law cc Adiron lstg 5s. 1996 J-J
2d gold 6a
1996 A-O
St L it Cairo Nee Mob & Ohio
d"t L A Iron Mount
See
P
St L K C & N See Wabash
St L M Br See I R B A of St L
Pierce C
St L A S
g6ssi
g 6a series
gold 6a
A-
Ocl
L37
124
1905 A-O
L906 \ O
Con gold 5a
Southern— 1st con g 5s
N
1st trust gold 5a
...1905
B
1
(oasl
Atl
J.
See
Y Cent
Tus A 11 See Pcre Marq
Sag
alt LakoC lstgsf 6S..1913 J-J
StJo&Gr 1st l8tg3-4s„1947 J-J
2d gold 6s Class C
General gold 6s
General gold 5s
J
:
109-10 J-J
Sabine Div
4
1
P
Tex
it
Rome Wat & Og
gu
lsl
I
SPacofNMex
i
Guaranteed
Ruarg5s.l927 J-J
guar g 5a
19!
Stamped
1905-1987 M-N
120
120
S
J
Registered
Rensselaer A Sar
.1
o
\
1st coii
120
89
iVI-'
1
1
1st
1st
lsl
1st
Nov'97
1074O(i
1st
1114
O
UA-0
-'
>
S A A A Pass
So Pol \rgu
8 P ni la]
127
L26
I
.:
137
,
A
1920 -J
gulst g 48.1912 A-o
.1907 J
luarai
Ore <t Cal Jsi
1
~>
P M & Co certls
si cm
Pitta V A Ash
Reading Co geng4a
\\
Mes
,t
Kuiif Cal
I
L144 Aug'01
A-O
A-0
Bs...fl
MoKeesA
K VI
.i
v 8eeH
Cen
Pitts F«fc !' 1st gold 5s. ..1916 J-J
Pitts sli A.- L K 1st g 6s.. .1940 A-O
1st consul gold 5a
1943 J-J
1917 J-J
Pitta A West lsl g4s
Rich
gold 4s
guar... 91
guar.. 192
.1
L3841S84
HU
12()i...
J-D
L922 J-J
gold 6a
L Erie2d g
'
ni
ln1
M01
Bee Penn Co
i.
J-J
Waco A N
12
J
.
FA
Chv A To! Lsl g
PlttaFtWACIl .Vrf
Pitta
i
Loe
HO'-j.
ill
A-o
Pitts
Pitta
Pitts
.
112
61921
PI Huron Inv Ls1
Bag Tns A it lal go
Pino Creek reg guar
107
1064
102
H ATC]
QF
P«reMarq— FA PM g6a.l920 A-O
1st consol fold 5e
M N
lo7'-.
,
lar'00
I.
6a.. ..192]
M
N
lsl
D
1
Lew
A-
Peo.t
2dg.
VGA
<ola
All. g Val gen gu g Is. ..1942
H
nth,
2d gold 7s
sti
•
D
It
1
1114
Cons.
Sun
ngt
.
Ma)
M-N
123
1
A'»
ill J
i
Bid
I*nn UK
"B
STOCB EXCIIAXi
N. V.
art. 11
11
[Vol. LXXIII,
1204 U9 34
100
40
100
7o
111
119
95
31
120
Sep *01
Mar'Ol
102
10
110
95
110
4
984
112
122
1004
40
U34H34
114 1174
U14H0 34
113 4 Mar'Ol
112 114
1154 J'ly'01
111
113 May'01
111 34
112 J'ne'Ol
90
S9
894 90
21
834
64
112
89
112
94
1
(
Wis Cent
|
50-yr 1st gen 4s. 1949 J-J|
S84
87 34
Sale
854 924
MISCELLANEOUS BONDS—Concluded.
Miscellaneous
Ilaiiulac! iii-ins cV Industrial
Am Hide & L 1st
.1919
Spirits Mfg 1st g lis. .1915
Thread 1st col tr 4s... 1919
Bar A S Car Co 1st g 6s... 1942
Consol Tobacco 50-yr g is. 1951
Am
,
s t'g 6s.
Am
Distilling or America collateral
trust gold 5s
1911
-Bramercy Sug 1st gold 6s. 1923
111 Steel Co d.-li 5s
1910
Non-conv deben 5s
1913
Int Paper-Co 1st eon g (is. 191s
90
78
91
Oct '01
105
62
Jan '00
11
90
76
98
85
90
653s Sale
Adams Ex col tr gls
1948 M-S 104
Am Dk & Imp 5a .sec Cent N J
Bkln Ferry Co
4
65%
624 674
82
S24
99?8 Apr'01
99 Jan '99
1004J'iu-'ol
82
90
se
100
it
con g5a L948 i'-A
MAM
g
Id
104
104
86
85
-J
111
A-O
30
85
74
Mar'Ol
Sep Ml
113
Nov'99
90
Oct '99
7:;
tr Otis..
gr 3 4s S A. 1911
Hack Wat Reor 1st g 5s. .1926
in ml B Co 1st a t g 6a.... 1931
I gold 5s.. .1910
Hoboken
Det
824 Sale
1st
II
W W 1st 5s
Chic Jc A St Yard col 5s. 1915
l'.kln
1.111
Sale
.1
4:103
109
844 914
68
111
78
111
294 354
J-J
M-S
M-N
LA
1004 Mad Sq Garden lstg 5s.. 1919 M-N
10 105
108 111 10S4 109
111
Man Bch H ct L gen g 4s.. 1940 M-N
Knii
tee (Chicago)
N owp i\e Ship A D 1) 58 (21990 J-J
1st gold 5s
192S
93 Aug'00
98
N Y A Out Land 1st g 6s. .1910 F-A
Nat Slarch Mfg Co 1st g 6s 1 920
1084 Aug'01
1084
107 110
St L Ter Cupples Stat'n & Prop
Nat starch Co 8 t deb 5s.. 1925
95
94 34 Oc1 '0]
92
96
Co lstg 44s 5-20 year. .1917 J-D
Stan Rope & T 1st g 6s. ..19 16
* 51
51
51
53
464 724 S Yuba Wat Co con g 6s.. 1923 J-J
Income gold 5s
*
1946
Sp
64
Val Wat Works 1st 6s. 1906 M-S
54 64 54
54 12
Vv sS LeathCosfdebg6s..l913
leathCosfdebgbs..l913M-N 114
115
113 115
5s. ..1910
.1910; ....
115
1:113
Vermont Mar 1st s if 5s..
* No price Friday; latest bid and asked,
a Due Jan 6 Due Feb ciDue Apr g Due J'ne JiDue JTy fc Due Aug n Due Sep p Due
'
-
Feb'97
1134J'ly'00
101
I
I
Nov
q
Due Dec
*
Option sale
October
1:2,
THE CHRONICLE.
1901.]
•»<
I. ii*
Volume
DAJ
Oct.
CjY,
W
STORK STOCK
vi aim. \
M.v,
AND
i.I.kia
Bondt
Par value
Shares
1107 \ 10
111
}140
I
ion
924,306,600
...
Monday
727.728
617,352
Tuesday
Wed]
71,1)
61,412,100
06,000
64, 119,000
Thursday...
Friday
Total
llldusl
60
Stock*
niltng
11
Saturday
un-
111
Stock Exchanges
of Business at
TRANSACTIONS AT THE
1
775
96,
-,730
.
2,2
New
i
14,000
$5,000
500
500
4,78 i.OOO
9,000
l
$5,000
$16,752,500
-
$91,000
ostoll
04 IndCou
Natct
!-!
111
-
rio\ Idem
I
IS
ion
J U
46
50
BB
96
Pri
1
5a 1937.J-J
st Paul Gas—
ueral 5s i;n 1
J
...loo
..2
ramps'
1
.
Sales
ending
(1/
New York
S\ racuse
11
1 to Oct.
1900
1901
Slocks— No. shares
value
shut
nt
..
1901
1900
BK. aud mis. bouds
$1,5
$5,656,610
:
21,200
790,905,900
96
!8,800
352,
Exch
-tock
6s
34
1
13
1
190929
Total bonds...
$1 0.848.500
$4,80S.000
$794,772,070
$360,230,710
EXCHANGES
11
1901
Oct.
Sat ui day
shares
11,050
30,508
27,225
26,963
40,710
44,990
...
Monday
Tuesday
Wednesday
Thursday...
Friday
180,500
Total
£ond
Unlisted
shares
bitted
than
sales
$66,800
86,800
149,640
15,824
23,464
16,887
8.398
18,880
19,174
82,690
9,495
25,784
19,137
10,304
30,026
30,740
482,150
125,492
61, L80
.Si, Sill
102,12^
Bond
Unlisted
Listed
i
sales
a
$25,450
266,500
71.900
60,900
1,616
3,680
6,395
629
176,100
16,284
$694,450
Outside Securities
For Weekly Review
of Outside
Street Railways
Bid
NEW YOKE
CITY
Eul F stk loo
Bleeck st <&
lstniortls 1960
J-J
7th Ave stk. 100
lstniorl 5s 1904. ..J-L
J-J
2dmort us 1914
Con 5s 1943 Bee stock
B'way Suit 1st 5s gu 1924
2d 5s int as rental 1905
Cent'l Crosstown sik.loo
M-N
IstM 6s 1922
Cen Pk As E Ki v stk 100
J-D
Consol 7s 1902
Christ'r<fc lOlli St stk 100
See
Stock
Colde 9th Ave 58
Dry 1) E B <fc Bat stk 100
1st gold 5s 1932. ..J-D
Scrip 5s 1914
F-A
Eighth Avenue stock loo
F-A
scrip 6s 1914
42ddj Gr St Ferry stk 100
42U St
& St N Ave 100
lstmort 6s 1910.. .M-S
2d income 6s 1915. .J-J
Lex Av & Pav F 5s See Si
B'wav
cfc
N
M
Ninth Avenue stock. loo
Second Avenue stockloo
lstmort 5s 1909. .M-X
F-A
Consol 5s 1948
Ask
Ic
So Fer 1st 5s 1919. ..A-U 41 OS
Third Avenue See stock Excli
Tarry \V P
6s 1928 103
YkersstRK 5s 1946A-0 103
28th di 29th Sts 1st 5s '9b 108
Twenty-Third st stk. loo 408
Deb 58 1906
J-J
103
Union Ky 1st 5s 1042 F-A 114
Westchest 1st 5s 1943 J-J 110
AM
MX
106
105
111
415
106
116
113
Impt 5s See Stock Exc
E5s 1933.. A-U
W
li
list
101
Brooklyn City stock.. .10 3240
Con
5s
See Stock Excli
103
242
list
Bkln Crosstn 5s 1908. J-J
Bkn Hgts 1st 5s 1941 A-O
Bklny Cod; Sub see Stk
Bklyn Rap Iran See Stk
Coney Island & Bklynloo
105
105
107
Excli
list
Exch
list
320
330
103
102
101
J-J
.J-J
25
80
27 V
83
Phila
list
20
i
23
82 Hi
811a
11
11%
104
120
103
8118
eiisv 115
Exch list
28
101
195
31
103
26
81V
82Hi
4126
4103 106
30
34
84
85
110
98 34 99>2
108 110
100 102
25
26
791a 80
89
89
4
V
109 110
99 =s 101 V
4100 10112
"1
New Amsterdam
110
Exc
x
list
315
Gas
107
1st consul 5s
1948. .J.J
NY. Elec EtllcaUv. Power
Gold 5s See X Y Slock
Y ds East Paver Gas—
1944
Consul 58 1946
107 V
Exch
4113
108
Nor 111 1st 5s 1927. -M-N 108
Gas
com
Standard
100 130
Preferred
loo 150
M-N 4116
1st 5s 1930
1st 5s
OTHER
list
115
112
110
135
155
117
J-J
J-J
CITIES
Amer
19
21
89*8
Bait
4
Buyer pays accrued
interest.
t
Price per share.
e
1st Os
1916
Empire
Stec
\
t
95
J-J
LOO
1
Gem
list
i'n [erred
Gorliani
1^
Chemical
M
55
IV
100
LOO
larriage
<
124
lal
66
9H
110
120
8
40
Co cue
Preferred
LOO
Havana Commercial. 00
1
116
118
list
ion
Preferred
Hkr-Joni s JewTMlll. pfd
1st 6s 1922
MS
Herring-HaU-Marvm
1st preferred
2d preferred
list
126
170
111 113
78
85
97 is
95
105
3
5
LOO
9
100
30
4
110
loo
Hoboken Land d; imploo
M-N
58 1910
International E3.evat.100
Internal PowOo pret ion
Internat'l Pinup
8t
liiiernat'l .Silver
See Slk
Companies
1
%
i
102
'.1
4106
12
—
Preferred
50
Seaboard Air Line See
B
102%
I
4
34
70
/O j 4
85
35
74
alt list
Preferred
loo
American Chicle Co. .100
Preferred
loo
68
t
American Screw
Ion
Amer Shipbuilding.. .Inn
Preferred
Am
soda Poun
ion
com.. Ion
list
21
34
32
list
list
100
t
3
i)
2d preferred
100
50
9
12
175
190
4103
104
Am Typefo'rs
list
Amer Woolen See Stock
Amer Writing Paper.100
Bonds
35
51
4102
104
;,n
12%
I
205
90
335
115
10
55
7
t
101V
60
12%
215
350
121
65
7%
13
t....
47
100
TsX 18V
83
26
82
84 V
28
86
4
Exch.
list
145
27
80
114
155
32
il5"
8
140 150
128
10 V "ll%
29 1* 31
94
95 V'
25 V
t
26
t
44% 44 V
28 7e 29
9 4 ^ 94V
170 172
oston
339
202
100
ock Kx
59
135
I
140
3
17
69
73o
.
list
95
340
205
101
list.
62 V
140
170
143
145
250
4
20
738
220
list
.
..loo
lo
L'
nion St<
el
&
Chain. 100
.....
125
70
5
110
102
16
96 V
Ho
530
6
67
70
4%
40
35
50
Preterred
Typewr con
.
119
115
1st
.erred
asl Iron
Pri f« 11 d
2d
s
pri
c
.
1
90 'j
91V
24^
100
6s
101
stock., inn
Preferred
5s 1919
Anthracite Coal
Barney ,y 8m Car
[erred
1
'•_
lompany com
loo
l.veh
10
140
list
100
12
J.J
loo
LOO
inn
50
I'm
Bond ,y Mori Guar. ..100
Brit'h Columbia Cop
Celluloid Co
LOO
.
110
140
949
I'n (errea
100
140
135
Excli
28
117
Preferred
StLUw-Biei .v -in V pflOO
Storage Power
60
100 LOS
Switi A Co
1st 5s 1910-1914. ...J-J 5101
143,
I
Tennessee Copper...
Texas d.- Pacific Coal.100
v-i'
6s
1st
L908
500
& Trnsl
4
Trenton Pottery com
100
l'lelelli a
Sl088-Sh( n
1
38
98
107
81
3
130
125
Standard Coupler comloo
7
35
95
52
LOO
.1
Pri
95
Ion
48
2
list
1st preferred
13V American suret v
'_
Amer Strawboard
5s
Standard Oil ol N
Stand Undergd ab
7
30
103%
80
Standard MiUing Co.100
Preferred
100
45
97
1
69
87
88
bl
6
Amer Locomotive ^etStk Exoh
Amer Press ASBOO'n.100 80
79
Exch
I
v
84 3
Am Bicycle See N YStk lixch
American can com. ..loo
20
Preferred
lo
Amer Hided; Leather 100
Preferred
ion
tis
See stock Exch list
list
4
i
1
Amer Graphophone...lO
1
I
Industrial and Miscel
20i2 28
Aberdeen Copper
25
Acker Met & Condit...6s 100
Amalg Copper See Stock Exch list
Am Agric (;hem See B oston List
Amer Bank Note Co.. .60 t 50* 57
92
93
96
Bosto n list
4V 6
70
71
Excli
Mem pi (w i)
Kefg g 4s 1036 (\vh iss)
Pitts Bess & h E
50
43
65
95
Exch
D
1
Sc<fc
100
106
110
N
Ft
V
2V-
40
Iron Steamboat
26
Allegheny Co Lig'tColOO 165 170
John B Stetson com.. ion
Preferred
Chicago Edison Co. ..100
100
Lanston M onotype
Eddy Electric Mfg Co.25 t
8
20
Edison El 111 Co Brk X S Stock Kxch Lawyers Mort insur.100
Edison Ore MiUing Co 10
Lawyers' Surety
100
Electro-Pneuni'icTraulo t"l" "vi Lawyers' Title Ins. ..101
General Electric Co
Y Stock Kxch Eorillard (P) pref
100
Do pref See Boston list
Madison S(| Garden. .100
M-N
Hartford (Ct) Elec Lt ion 197 200
2d 6s 1919
Xarragan (Prov) El Co 50 t 92
Me.x Nat Construe. i>f 100
New York& Queens Elec
Monongahela B Coal. .50
26^2 28
5n
Light<fe Power Co. .inn
Preferred
Preterred
65
100
Mosler Safe Co
68
100
loo
RhoIslElecProtecColOO 119
National Carbon
Storey General Elec 10
13
Preferred
100
16
Nat Enani'g& Stamp 100
U nit ed Electric of N J 100 14
Preferred
4s 1929
68
70
100
Unit EleoLtifePo CoV.50 See Ba It list Nat'l Gramophone
loo
National salt See XV Stk
Ferry Companies
Xational Surely
loo
Brooklyn Ferry stocklOO
15
16
Xew Central Coal
20
Imp
NY<fcBlst6s 19.11. J-J 113 115
NYLoand;
10(
Biscuit Os 1911. M-s
Con 5s 1948 See Stock Exch list
Y
Metropolitan Ferry 5s..
108 110
XT Y El V Tr (*20 pd)100
N Y & E K Ferry stk. 100
70
Realty Corp
100
1st 5s 1922
96
Nicholson File Co
loo
M-N $ 95
N Y & Hoboken stk. 100 80 82 Ontario Silver
100
HobFyl8t5sl946iU-A 4112 113 V Otis Elevator com
100
Con 5s 1946
Preferred
J-D 4 91
93
100
New York & New Jersey
Pittsburg Brewing..
1st 5s 1946
5o
Preferred
J-J 105 H 107
10th <fc 23d Sts Ferry 100
75
80
Pittsburg Coal
100
1st mort 5s 1919.. .J-D 4105
108
Preferred
loo
Union Ferry stock.. .100
39
40
Pitts Plate Glass
100
1st 5s 1920
97 V Planters' Compress Seeii
M-N 4 97
Pratt & Whitn pref.. loo
Railroad
loo
Procter <fc Gamble
Chic Peo & St L pref. 100
4ia
Preferred
6
LOO
Prior lien g 4 Vs'30M d; s 4104
107
Boyal BakPowduref.lOC
t on mtg g 5s 1930.J&J
90
92
Rubber Goods Mfg 6
Income 5s 1930
14ia 18
Russell d; Erwin
26
Denver Ji South'n See S tk Ex list
Safety Car Heat d; Lt ion
Detroit, Soutlin (W 1).10(
13
Simmons Hardw com 100
1-1
Preferred (w i)
ion
39
Preferred
41
1st 4s 1951 (wi) ...J-D
Inn
83
2d prefei red
84
Ft Worth 4 Bio Gran. 100
100
Singer Mfg
KG
"a
3
red
state Sugai
6s 1918
list
;
.
Electric
.1
Bmpii
lo<a
47
1
NY
23is
1st 5s... 4109
(N Y; stock X
Equit Gas con 5s 1932 See sik E
.Mutual Gas
100 300
.as
Light <fe Tract, loo
Preferred
100
Baltimore Consolidat Set
6scrtisiudbt 1903.
Bay Stale Gas
50
BrkCdfc N 5s 1939.J-J 113V 114V Binghainton Gas—
GrSt&New 1st 5s '06 F-A 104
6s 1938
A-O
Gr*pt &Lorimer St 1st 6s 106
109
Boston United Gas bonds
Kings Co. Elevated
Buffalo City Gas stocklOO
1st 4s 1949 See Stock Exch list
1st 5a bonds
Nassau Eleo pret
loo
83
Chicago (las SteS Y Stk
85
A-U 113 114 Cincinnati Gas d; Ek-clOO
5s 1944
lBt4s 1951
J-J
97 V 98 H< Col Gas L& Heat com 100
NewWb'g 6i Fl 1st ex4 Vs 106 10S
Preferred
loo
Stein way 1st 6s 1922. J -J U19V 121
1st 5s 1932
J-J
Consol Gas (N J) stk. loo
OTHER CITIES
1st 5s 1936
J-J
Buffalo Street By—
Cousuni Gas (J City)
lBt consol 5s 1931.. F-A 4ll63j 118
1st 6s 1904
-MX
Deb 6s 1917
loo
Sl.0
107
Detroit City Gas
Chicago City BB stk. 100 202 207
Detroit Gas fi««N Y Stk
Chic bnion Traccoiu.loo
17% 18
& Hudson Gas 100
Preterred
100
58
i'ort Wayne (Ind)
Cleveland City By
100
1st 6s 1925
128
J-J
Cleve City 1st 5s 1900. J -J 108 V 106 L Grand Kapids Gas—
S7L
Cleveland Electr lty.loo
87
1st 5s 1015
F-A
Con 5s 1913
M-S 106 '_ 107
Hartford (Ct) Gas L...25
Columbus (O) StRy..lOO
45
4.8
Hudson Co Gas
100
Preferred
loo
99 103
6sgl949
Colum Ky con 5s See Ph ila list
Indiana -\at d; ill Gas—
Crosst'wnl8t5s'33.J-D 4110 113
1st 6s l'.IQS
M-X
1st 5s 1903
Ask
Cent Union Gas
N
108
114
Bid
Gas Securities
NEW YORK
list
BROOKLYN
Atlan Ave 5s 1909. .A-O 4105
A-O 112
Con 5s g 1931
BBds
Street It ail ways
Grand Kapids Ky
100
Preferred
loo
115
110
i
loo
100
LOO
hide
I
N
Market See 7th Page Preceding.
35
37
102 104V Indianapolis st Ky see
246 250
J C Hob & Paterson..lOO
101 Hi 102
48gNovl 1949. ..M-N
Lake St (Chic) El stk. 100
108 110
Fxch list
Deb 5s 1928
J-J
LoulsvSt i;y.-,sl930J<BiJ
J114
Lie
Lynn& Bos 1 st 5s '24. J-D
1104 105
255
MtnneapSt By 5s Seesx\i
130
8125
New Orleans City KylOO
208 219
Preterred
100
103 105
North Chic Str stock. 100
175
J-J
185
1st 5s 190616
Excli list
North Jersey St stocklOO
120
4sl94s
125
M-N
115 118
Pat Ky con 6s 1931. .J-D
103 V 104 V
2d 6s 1914
A-O
400 410
Rochester Ky (new). 100
105 109
Preferred
100
395 405
Con 5s 1930
A-U
65
70
2d 5s 1933
J-D
112 114
So Side El (Chic) stk. 100
Syracuse Ran Tr 58 1946
99 101
Exc list
UnitKysiSt 1. Trans) 100
196 205
Preferred
100
212 215
Gen 4s 1934
J-J
4100'i! 107% UnitTr<ft Eleo (ProY)lOO
4119 120
West Chicago St
loo
175 215
Cong 5s 1936
Sixth Avenue stock. .100
Sou Boulev os 1945. .J-J 4111
Providence Telepho
Southern <fc Atlantic. .25
Tel Tel & Cable of Am 1
.
2,823
2,136
ri.
10
General
124
166
X Y & X J Telephone 100
M-N
581920
26
Pacific & Atlantic
-
Preferred
116
Bosto 11
Bosto n
nirrnaiionai Ooean.100
Mexican Telephone See
Xew Eng Telephone See
Northwestern Teleg... 60
Philadelphia
Boston
Week ending
40
J
:
DAILY TRANSACTIONS AT THE BOSTON AND PHILADELPHIA
<
110
106
66
102
ion ISO
Commercial cable
119
Coininer L 11 Tel (N Y).
75
K.inpdi May slate Tel inn
ds Telep see 11 os ton
ion
45
B laiiklin
100
Gold do Stock
9, 1905
Hudson BlverTeleph loo 112
6s
S|, el
lile
Diamond Mai oh
Dominion Seouritli
rio \
BellTelephol Buffalo loo
entral A So Asm r...l00
& PotoTeleph.,100
J
Electric Beat
Prefei red
list
Telefr St Telephone
Amer Diet Teleg(NS )100
1
$47,500
63.000
4.707,500
$91,000
5,000
18,762,600
bunds
22
is
J-J
1
222,171,963
1,205,926
84,379,271
8,498,730
$844,785,800 $116,816, 160 $21,668,274,225 $8,145,48
$129,475
$103,226
$1,800
State bouils
ion
Westi in Gas Milw
BONDS
Goverunn
Gas stock
1st
Exchange
Bank
January
11
Oct.
stock
&Eu
s/,
M
4
40
H70
14
101
Worthing
Pump pref. 10(i
117
14V
120
THE CHKONICLE.
7 7(5
Boston, Philadelphia and Baltimore Stock Exchanges
W Mbar* Prloee— Not
iaturday,
Monday,
Tuesday,
Oct. 5.
Oct. 7.
Oct. 8.
a
iae% 198%
7I»* 7>%
58%
66
•148% 148%
83%
86
99
34
36
171
170
88% 83%
38% 83%
86
8*
92
86
98
'41%
98
99
ta
86
98
88
•29%
7i%
19%
87% 37 37% 37
24%
38% 36% 28*
60% 60% 60%
98% 96% 94%
87%
87
•87% 87%
87
7'%
19%
6-1 r
96
26%
60%
95%
87
37% 87%
15% ^H 15% 15)4
93% 98% •93% 94
88%
88%
38
80
88)4
•20
......
•79
81
36
99
•2*
•93
•98
88%
85% 87%
80
20%
80
81
73%
18%
37%
llBia 114
167% 168
1835
86%
19%
•02%
156
630
98% 36
84')
IBM
80
•83
"27%
27%
e»%
48% 43^
43%
69
69
88
40
40
•71% 73%
5
71
5
6
197
635
114
185
116
040
040
115
840
1914
25% 35%
80
80%
02%
63
88
69
44
40
71
27% 385*
68% 70
44
44%
86)4
5
40
71
40
81
%
184
62)4
27%4
87%
7C%
44
40
6
••••••
94
134
87
•
184
86
94
134
87
s
8%
•••••
94
134
87
158
040
•93
134
97
94
134
8%
31
31
81
81
Amer. Agrlcul. Chemloal!..
%
*H
159
660
158
058
"
....100
....100
American Alkali
(Phlla.).... 50
Preferred, $10 paid
"
.... 50
American Sugar Refining!. (Boston). ...100
Preferred!
"
....100
Amer. Telephone & Tel. Co..
"
....100
Calnmet 4 Hecla
"
.... 35
Preferred!
"
,
Camb.8teel,*iS%Daidrects.rPhila.' .... 50
Centennial Mining
(Boston) ... 95
Consolidated Ga»
(Bait.) ....Iu0
Consol. Lake Superior
(Phlla.) ....100
Preferred
"
....100
Dominion Coal
(Boston).... 100
Erie Telephone
"
....100
Lehigh Coal 4 Navigation.. (Phlla.) .... 50
Marsden Co!
"
..,.100
,
National Asphalt !
"
.... 50
"
Preferred!
.... 50
New Bng. Cotton Tarn, pref .(Boston)
100
184% New England Telephone....
"
....100
99 Old Dominion Copper !
"
^
...
94
.
. , , ,
134% 184% •184
28
87%
87% 38
5% 6% Philadelphia Bleo.! 5 paid.. (Phlla.)
5% 5%
5% 5%
5% 5%
5% BH
87% Trinity Mining
35
26% 35% 87
86
88% 26% 87% 87
(Boiton).... 3o
114 114
114 114% 114% 114% 114% 114% 114% 114% Cmted Gas Improvement!. (Phlla.).
50
41
40% United Shoe Machinery
40% 409« 40% 40% 40
(Boston) .... 85
41% 41% 40% 41% 41
•36
37
27% 97
87
36% Preferred
87
87
28% 86% 27
.... 35
?8* 19
•18
•13% 14
"
•13
18
•12% 14
18% 13% United States Oil
.... 35
18
26%
5% 5%
35% 36
.
.
WelsbaohCo
70% 7.%
•78
•
•70
71
78 80
80
Bid »nd asked prices
INACTIVE STOCK8
BAlLROADS.-PricM
Amer. Rallwaji(Phil) 50
•69% 70%
79
80
no sale
w*
Bid. Ask.
40%
155
170
300
"
100 170
CO*nAPassum
Oonn River.... " 100 870
88%
Consol TrPttts!(Phil) 60
"
62%
Pref!
50
da South A Fla.(Balt)100 48
"
97
100
1st pref
"
100
78
3d pref
fl'rmant'n Pais (Phil) 50 • *••
60
Hestonr M 4 T "
"
00
Pref
"
100 |t|M
(ndi Street
"
50
57%
.Little Bohuylk.
Maine Central. (Bost)lOO 168%
50
Mlnehlll4SH.iPhll)
01
50
Hesqaehon'g V. "
50 108
Morth Penn.... "
70
Pare Marqu'te. (Bost) 100
«'
100
Pref
79%
Phil Germ A N.(Phll) 50
••
50
Phila. Traotion
96%
Ryi Co Generall "
2%
Rutland pref .(Bost) 100 105%
(Phil) 1 00 879
United N J
25
47
OnPow4 Trans "
West Bnd pref.(Bost) 50 118
West Jer4SS.(Phil) 60
50
WestNY4Pa. "
31
Wis Cent, new. (Boit) 100
"
100
41
Pref
"
WorNashAR.
100 135
303
100
{aiwenthaier.. (Boit) 100
"
'ex Telephone
10
380
NewEngGi4C 1 " ....
New Hav 1 4 8. (Phil) 5
.
.
(
Bait) ICC
•
106%
«••*•
118%
04
Westm
rel
Coal
3%
e%
4
6
5%
8
"
80
Pref
50
"
26
Arcadian
e
»H
35
Arnold Mining. "
1% 1%
"
34
35
88
Atlantic Mln'g.
"
35
47
aaltio Mining..
40
(Phil) 50
BethBteel
>••
MlecLt.(Boat)100
Boston
* e *•
Cambria Iron.. (Phil) 50
47
Camb SDrexel reot " .... MMII e e e
Uanton 00
(Bait) 100
97
99
Central Oil
(Bost) 85
8
ConMercur gold "
5
8
8%
Onmb Tel 4 Tel " 100 185 138%
"
Dsly-West Mln
20
35
87%
Dan v Bessemer (Phil) 1%
H
"
DeLong H & E
10
••••a
Dlam State St.. " 10
**•
"
i"ref
t%
Domin Coal pf. (Bost)lOO 1)5
Dom Iron & S.ff "
80
81
1
•
•
•
m
Kaaton Con EL (Phil) 60
Kdlaon El 111 . . (Bost) 100
850
Bleo Co of AmU (Phil) 60
6% ,
Franklin Min'g.(BoBt) 25
17
17%
General Elect..
" 100 854
856
« 100
Pref.
" 100
Ind-Egyp Com
4%
"
Int But
10
1
1%
Int8P&Dynam(Pbil) 50
l8lyBoyaleU..(Bo8t) 25
87
87%
Manufao Rub.. (Phil) 50
_gret
«•
50
Wolverine Mln.
"
"
"5
102%
24%
b
(PhUa.) ....100
(Boston) .... 50
"
... SO
25 U-10
BONDS
1
•
»-
3%
85
61
IowaDiT 41.1919 A40 IlOS
Chicago Juno 5i,1915 J4J Illl
..
I.
Income 5s
{
{
{
i
111
34
77%
13%
• 80
185 88%
39 305
3,078 69
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
39% May
1
45
90
1
17
39
99% May
4
39
St Si. .'02
M4N
1
Bait Beit lst5i.l990M4N
50
101
310'
88
103
May
13%
2,334
13,97^
4,875
5,260
7,850
95
4,700
4,195
488
9
8
89
11*
86
BaltCPailst5i.l911M4N 109
Fundg 5s.l916 M4N 128
Exchange 3%s.l930JAJ 109%
BaltAPlst6sml 1911AAO
61%
101
10!?%
118"
101
101
105
100
90
110
117
•
118
• • •
93
88
Aug.
8
Sept. 88
Jan.
8
Apr. ia
Jan.
8
Feb. 18
Feb. 18
Jan.
8
*pr. 18
5
Mar.
Feb 13
June 30
Jan.
Sept.
Sept.
8
5
t
Mar 80
Apr. la
Aug. 31
Sept. 17
Ask.
53% 54
Asphalt Co 5s tr otfil949
Atl City 1st 5ig..' 19 MAN
113
Balli Ter 1st 5s. 1 928 J A U
93
63
110
110
Ry(Ind)oon 5i.'33
Indianapolis
Ry
4s.
118
98% 97%
117
lst6s.'10 JAJ
Inoome 5s... .2862 AAO
Bq 111 Gas-L Istg5s.l926
Hestony M A F oon 5s.'24
HA B Top oon 5s.'25 A SO
107% tttM
•
1
• • s
# t
83%
.1933
109
113
110
LehValext4s..l948J4D
7s.
Consol 8s
187"
1910 MA8
192S JAD
135%
No Penn
1st 4s..'36
GenM7s
MAN
1903 JAj
106%
6s r... 1910 Var
Consol 6s 0. ... 1905 Var
Consol 5s r.... 1919 Var
Penn A Md Steel oon 6s.
People's Tr tr oerts 4i.'43
PbUa Bleo gold trait otfs
Trust certfs 4s
1
81% 81%
108
106
84
118
4s 1949.... J AD
86
M4S 106
M48 114%
3d series 6s.. 1916 M4S 121
•« *«|
4th ser 3-4-5S.1921M48
5th series 5s.l926 M4S 115
•
193
1
•
MM
f 1
••••••
118%
••Ml
106
107
W9%
ei%
PhAEr gen M 5g.'20 AAO 130 ••••1
Gen M 4s g.. 1920 AAO 109
Ph A Read 2d Ss.'SS AAO
Consol M 7s.. 1911 JAD 189% 130
Con M 6s g... 1911 JAD
Bxtl mp M4s g.'47 &au
ConMof '82 4i.'37 JAo
Terminal 5s g.1941 g-i
P Wll A Bait 4s. 19 17 A4u
•ISIS*
.
.
••
•'
4i, 1997 JA
Ry con 3s. 198b
SohRBcldelsxSs g'35JAD
Soran Trao 1st 6s '32M4N
UnTraoPittsgen5s'97J4.)
Welsbaoh s f 5s 1 980 .J AD
lAnd
186
95
109%
95%
Ul%
•tlltl
Read Co gen
Rochester
•••!
••••••
Oollattrast 4S.1921 J4j
94% 94%
7)% 71%
El 1st 4s'4B.M48
• *
Penn gen
113
t s
•••
'
00
•
•
Annuity 61
JAD 133
Nat Asphalt 5s. 1951. JAJ
New'k Con Gas 5s 48 J *u 106% * ••••
Newark Pass oon 5s.l930 117%
NYPhi)ANorlst4s '39JAJ 105
•••••I
Inoome 4s... 1939 MAN 86
N T Can 7s..'06 J4D
Cons 5s
1939 A40
Cons 4s
1939 A40
Penn Steel lst5s.'17 MAN
110
83%
Lehigh NaT 4%s. .'14 g-j 111% •••••
RR4ig...,..,1914 g-F 106
• Illl
Gen M4%sg.. 1924 Q-F l0f% •Ml
Leh VC'l lst5sg.'S3J4J 1C8% 109
2d
Vlrg Mid 1st 6S.1906
2d series 6s.. 1911
84
38
32
a
July 19
Apr. 18
Pa 4
47
Maryland Brewing 61 ...
MetSt(Wash)lit5i'25FA 118
New Orl Gas 1st 5s...Var
Income
5
1
Va (State) 3s new.'32J4J 95% 96%
Fund debtB-8i. 1991 JAJ 98
96%
West N C oon 6i.l914 JAJ 119
WestVaCAPlit6g.'llJAJ 114% 116
Wil A Weld Ss.. 1935 JAJ 180
Bonds— Philadelphia
BlmAWllm
l'l'o"
MaconANlst4%s'90M4S
UuBlLi4Plsi4%s'29M4N
Mar.
May
Bid.
Edison Eleo 5s itk tr ctf
BlecA Peop'i Tr itk tr ctf *
Col4Grnv 1 it5-6. 1 9 1 7 J4J 118%
Comoi Gas 6s. .1910 J4D 113% 113%
1939 JAD 118% 113%
5s
Ga AAlalstpf5il945A40
GaCarANlst5sg.l929JAJ i'07% 108*'
GeorgiaPlst5-6i 1922JAJ 186% 189%
GaSoAFla lst5s.l945JAJ li2% 113
KnoxyTrao lst5s'28AAO 87% 90
LakeREllstgu5s'42M48 117
Un Ry 4
May 98
June
Del A B Bk 1st 7s.'05 FAA
BastAA 1st M 5s.'20 MAN 116
2d 7s 1910
AAO 104
CityA8ub lst5s.l922JAD 115% 116%
CityA8ub(Wash)lit5i'48
96%
'
Jan. 18
Mar. 4
Jane S
Jnly It
%
1
Clt'i'St
CharlCAA ext5i.l909JAJ 114%
PotomVal lst5s.l941J4J
8eoAvTn(Pltts)5s'34JAD
Say Fla 4 West 5s 3 4 A40
Seaboard A L 4s 1950....
Seab 4 Roan 5s. 1926 JAJ
So.Bound 1st 5s '4 1. AAO
Jon* 18
Jane 18
Jane 18
20
80
Colum StRy lstoon5s.'3i
ConTracof NJ 1st 5s.. '3. 109%
Ext AImp6s.l901MA8
NoBaltDlv5s.l942J4D 130 i's'a"
Conr'rtible 5sl9 06M AN 101% 108%
Central Ry 6s.. .1912 JAJ
Consol 5s.... 1932 MAN 119"
Ext A Imp 5S.19S2M4S 116
Chas City Ry 1st. 5s '23J AJ 100
ChasRyG4E15s'99M4S
3
7 139%
Oct.
Oot.
8 34%
I
Jan.
91
% Jnly 36 3%
88
%
% Apr.
ai",95> 11S% Oct.
7 152%
638 113% Oct. 9 180
3,078 151 Jan. 4 183
156 880 Oct
7 800
9,961
15% Mar. 27 3
1,006 19% Sept. 26 34%
285 58 Jan. 30 65%
3S%
8,619 83 Sept. 1
2,037 40
Feb. 11 76
8,530 38
May 15 4 5%
816 34% Sept. 10 99
98 63% Jan. 41 79%
8,875
4% July 18 7%
8;
4% Oct. 4 8%
457
8* Jan. 30 18
87 90
Feb. 14 99
254 127% Jan. 4 146
8,89 4 20
7 38%
Oct.
6,395
4% July IS 8%
5,873 35
May 9 41
908 113 Sent. 13 128%
1,453 30% Feb. 4 44
800 23% Jan. 4 3<)
1,816 10% July 8 17
40 Jan. 18 55
317 54 Jan. 1C 75
180 66 Jan. 4 80%
080
810
187
Cambria Iron 6S.1917JAJ
ChesADCanlit5s.'16JA'
Bait
•
80
•
2 219% Apr. 19
81
9
Apr. 80
Jan.
4 34 l-l8Jane 4
32 8-16Jan.25 40Hi June 17
19 Jan.
4 89 7-10May 1
«% Jan. 81 30% June 81
24% Jan. 81 54% Sept. 80
78% Jan. 4 138% May I
88 Jan.
1
99 May 1
34% Jane 10 37 Jan. S
15
Oct. 10 18% Mar. 89
92% Jan. 8
Apr. 88
46,1 '6
ChocAMem st5il943JAJ
ChooOkAGgen 5i'19J*J
.
1st 6s tunnel 1911. .JAJ
Bal Trao 1st 5S.1929MAN
Jane 11
Jane 18
lb 100
BergABBrewlst6s'2UAJ
see*
....
i
6
16
165
July
AUeVyEext7sl910AAO 133
Seat Elec 1st Ssl930F<3iA S104
Torrington 1st 5s 1918.
1
1914MAS i
4%
1916 MAN {
4
Bonds— Baltimore.
96
Anacostla 4 Pot
5s
Atl 4 Ch lit 71.1907 JAJ 114%
AtlG-Lightlit5sl917J4D 103
Atl Coast L otfs 5i .JAD
{113
114%
{180% 131%
88
{107
{110
LRook4F81st7s.'05J4o {105
Mar H 4 Ont 6s...'25 A40 1118
Mex Cent 4s g. .1911 J4J { S3
30%
1st oon Ibo 3s g non-com
19
3d oon inc 3s non-com..
KC4MRy4B5s.'29 A40
K C St Jo 4 C B 7s.'07 J4J
103%
JAJ {107%
MAN {102%
1949 J&J S101
Ch4NoMgn5i.'31M4N I107
NewpN40Plst5s'38MAN
Chi 4 W M gen 5s.'21 J4D {108
Curr't RiT 1st 5s.'27 A40 {
105
Norfolk St 1st 5s '44. JAJ 111
D G R 4 W 1st 4s.'46 A40 *&* 100
NorthCent 4%s. 1 925 AAO 114
JAJ 108
Domin Coal lst8s.'13M48 {110 111%
6s 1904
last'n 1st M 6s g.'06 M4S {111% 113
Series A 5s 1926.... JAJ 181%
Fr ElkAM V lit 61 '33 end {137
Series B 5s 1926....J4J 181%
Cnst'p'd 1st 6s.'33 AAO {187
Pitt Cn Trao 54.1997 J4J 114
KCC4 81st5sg.'26 A40
KGFt84Glstfs.'08J4D
KCF S4Moon 6s. '28M4N
K C M 4 B 1st 4s..'34 M4S
38%
8
095
986
BONDS
Deb
Adjustment g 4s.. 1995 1 96
96
Boston Term'l 3%s. .1947 hi4 116
B01 Un Gai lit 5s. '39 J4J I 84
84%
2d M5s
1939 J4J I 07
60
Bur4 Mo BIT ex'pt 6s. J4J {119%
Non-exempt 6s. '18 JAJ {107
Sink f and 4s.. 1910 J4J {100
Cent Vt 1st 4s 1980. .Q-F
85
Ch Bar 4 g 41.1922 F<sA iioi"
cony 5s.'10 J4J
Debenture 5s.l913A40
4.2
Apr. 18
July 17
Apr. 88
Apr 94
Jane 19
Apr.
May 14
May 10
Apr. 81
Baltimore—Conolu'd.
1st mortiSs.. ..1905
Rutland lit 61.. 02
West End
•
Bonds— Boston.
Am Bell Tel 4s. .1908 J A.J jlOO
AT4SFgeng4s.'95A40 U08
Illln Steel
266
190
248
900
44 141% Jan. 21 168
157 128 Jan.
185
8,84b 87% Jan. 83 75
88» 45 Feb. 80 5b%
18F 139 Jan. 19 148
Bid. Afik
1103
NBGai 4C 1st 5s.. 1937 I 51
New Bng Tele 5s.'16 A40 {103
1907 A40 {108
6
NT4NEnglst7s.'05J4J {109
Rut-Can 1st 4s
41
«H
Winona Mlnlng(Bost) 85
2
. .
Preferred
Ask.
8%
0%
WarwlokI4S.(Phll)
• « e
.
6% NewBngcongen5s'45J4J
18% N B CotYarn 5s 1929F4A
6
13
170
"
43
109
71
80
4 Mig
.
Boston— Conoluded.
31%
»•*
AmPneumgerrittost) 50
H48M
Bid.
25
4%
25 102
85
H
10
40%
Penn EleoVeh. (Phil) 50
"
Pref
50
Penmyl Salt... "
50
Pennsyl Steel!.
48M
"
Pref!
100
86%
4H%
"
Phlla Co..
50
PlantersCompl (Bost) 100
10
"
163
25
yulnoy Mining.
Rhode III Mln.. "
85
4%
Santa Yiabel G "
5
5s
"
48
100
Seattle Bleotrio
100
"
Pref...,.
100
SusqueI4 8!..(PhU) 5
Tamarack Min.(Bost) 25 306^
Tidewater St... (Phil) 10
Torrington"A"(Bost) 85
"
38
Pref
86
3
OnCopL4M'g "
35
OnElL4Powpf (Bait) 50 85
United Fruit (Bost) .100
88
25
U S Mining
17%
4-85
25
Utah Mining.
!•••
•
78%
Old Col Mining. (Bost)
Osoeola Mining. "
Palmetto Co.... (Phil)
ParrottS114Cop(Boit)
100
80
Westingh. Bleotrio
a 34 15-18 25 8-10
8TOCK8-BONDS
Pref., asst.pd
MISCELLANEOUS.
Alloues Mining (Bost) 35
Amer.Oement.(Phil) 10
AmGold Dredg(Boit) 10
(Phil) 50
Amer. I. 4 B
79%
idBrew asstpd
•
71
70
78
made.
•sc**i
All
.
•70
•78
MISCELL.— Concluded.
Oct. 11.
4 Charlotte(Balt) 100
Bos4Matnepf.(Bost)10C
100
Boston 4 Ptot. "
7C% 70%
79
79%
351 Jan. 3
108 189% Jan. i:
4 388
July
I
84>; 190
May 16
64
143
36
86%
85% 86
31% 31%
20% 31
•81%
04
61% 63
27%
37
37% 97
71
70
70%
70
45
44% 44% 45
40
40
40% 40
71% 7i%
5% 6%
9* 9*
9
e
•98
94
134
37
Highest
miscellaneous stocks.
83% 90% Amalgamated Copper!
(Boiton).. ..100 51,349 88%
54
159
640
Lowest.
SS.o
Choc Okla. *
78
G. trust oerts. (Phlla.).... 50
Preferred Tr. oertft
"
.... 50
Fltohburg, pref
(Boston)... .100
36% 38% Lehigh Valley
(Phlla.)'.... 50
88
36
Massachusetts Elect. Cos. !.(Bo»ton)..,,100
92
92
Preferred!
"
100
•33
88% Mexloan Central
....100
Northern Central
(Bait.) .... 50
•20"% ...
Old Colony
(Boiton)... .100
78% 18-16 t'ennsylvanla
(Phlla. J.... 50
30% 11-16 (leading Company
"
.... 50
38 8-16 38%
lit preferred
"
.... 50
86% 86
2d preferred
"
.... 50
,
3f% 36% Seaboard Air Line
(Bait.) ..,.100
50% 50% Preferred
"
....100
97% 10C% Onion Paolflo
(Boiton) .... 1 00
•90
Preferred
"
....100
38% 38% Onion Traction, »17% paid. (Phlla.)..,. 50
15% 15% United By A Bleo. Oo
(Bait.) ..,, 60
93% 94 Weit Bnd Street(Boiton)
50
81
M
84
198
168
181
Range of Sales in 1901.
Shares
A Albany
(Boiton)....100
Button Elevated, full paid..
"
....100
Boston A Lowell
"
....100
Boiton & Maine
"
100
Chla Jane. 4 Dn.Btook Tdi.
"
....100
Preferred
"
....100
,
1'
115% 118% 117% 118%
ne% 117 116% 117
35% 35%
20% 20%
70
44
40
16%
16
98% 93%
81
6%
• t • • « •
87%
37% 88%
91
71
0%
b
86% 89%
90
80%
115
118
158
640
•88
68
71% 72%
19% 30%
88% 88%
8'%
27%
16%
98%
8!% 87%
167% 157
98
26% 88%
4H% 60%
96% 98
96
50
98
87
31
•79
113% 118% 114
38
15-le
H
112>« 115%:
114*2 115
116%
H<%
96
•906%
'80854
71% 78)4 71%
ie%
18% is-i e
87% 87% 87%
2 4% 36% 24%
28% 38% 30
5n% 50
60
95% 96% 2£^
87
87
87
97% 37V 37%
16% 10% •15
•93% 94
98%
88%
91% 99
98% 33%
Sales
of the
Week.
Railroad Mtoeks.
_
Boston
367
958
206% 306% 906% 20?%
....
15-18
7m
19% lb",
SB
958
170
945
33*
Hi
OS
"80
868
170
•843
Dailv and Yearly Record.
H Indicates unlisted.
Oct. 11.
Oct. 10.
Oct. 9.
30
93
33
99%
•88% 83%
•806
Friday,
Wedne$dav Thursday,
—A
ACTIVE STOCK8.
857
25H
958 358
'170
170 170
170
844
944
....
848 843
944
iwa
193% 198 192% 193% 193
198
193)4 198
•
155
164
156
168
184
164
154
181
'180% 181 •180% 181
180% 181
130% 181
73%
78
79
71% 73
71% 71% 78
54
64
64
64
l\* 53
53% 68% 04
148 143% 148
148% 142% 143 148
148 14H
3B7
357
170
•848
67
170
845
198
183
807
170
•843
•19»
1S8
Per Centura Price*.
[Vol. LXXIII.
•
••«•!
•
e«|«
75
interest.
•Prioa includes overdue
coupo
ns.
0«T»BER
(HRONIC1E.
1'HK
12, 1901.1
777
[uutstment ami Railroad Intelligence,
RAILROAD EARNINGS.
The following table Bhowa tbe gross earnings of every Stbam railroad from which regular weekij
can be obtained. The first two oolnmns of figures give the gross earnings foi the latest week it month, and the
to and including such latest week or month.
oolumna the earnings for the period from Jul)
The returns of the street railways err brought tog ther separately mi
Change— Our yearly totals now all date from July I.
'urns
two
last
subsequent page.
<«
Notice
battti
ROADS
o/-
Current
Ytar
M mil
VllgUSt
Adirondack..
Southern UhwkSept
...
Alii Midland.... June
Ala X (><v lexa* 'in- Juno.
X o ft No East. September
Ala a- Vioksb'g September
September
Viokab su £
.
Stom Earnings
.
i
.
22, 1
< I
July
LaUtt
tu
I
j.ntrst
I'nte
BOADS
iltU.1
War
2
60,416
71,062
Year
8
20,04
or
Year
52,789
76,894
575,899
1,021,923
150,000
67.7«2
453,566
228,565
211.814
478,712
J
.
11)5,538
9 19.051
4 10,103
178,781
166,782
L32.822
5,527
7,950,891
2,495,818
125.279
702,172
I
-
W
i
.
9,70
2,854,152
146,370
7 10,689
1,1 LS.031
1,023
07,279
250.450
10.439
12,033,122
1
i
—
>
1
i
1
I
1
.
E8tL&
W
1
1,348,717
107,901
1 l,io:i
7,868
3,628
1,8 19,769
126,521
1,404,496
9.983,007
1 ,753,666
112, 7.. o
2,979,334
3,12.5
5,7 10
.
1,84 1,29
1,005.5s
90.2 s.5
1,251,293
8,423,645
1,669,055
I
123,072
2,881,725
1 ,, 55,055
24,430
28,384
3,921,415
1
24,002
25,878
4,294,562
1,678,276
9,460,462
1,489.174
2,133,929
1,010.701.
1.9 10.004
183,070
1,050,200
1,410,202
7,009,923
351.487
320,289
5,787,531
1,966,558
401,141
'1,374,521
1,215,748
4,987,504
4,899,90 1
1,707,732
357,399
'850,536
1,093.155
4.350,421
1
!
S,
559,1
651,649
668,415
935,686
10,843
335.o it;
35,746
83,888
1
I
,702
720. 950
37,782
6,699,280
98,173
397,510
29,482
307,387
33,437
I
1
83,011
3,252,148
290,497
73,711
421
207,510
2 10.951
2 si, 021
20 1,177
66,807
7,085,491
52,143
7,640,083
930,558
20 4,252
1,525.-;,,
Tex Cent July
lis 7, 09 9
295,0
11
Septembei 3,358,666 3,112,021
September
11,923
10.525
Mobile
Mont
ft
23,0011
WkOct.5..
Ohlo..e September
Mex Gull Senti-iiiher
470, iOO
121, 10s
ft
KC.
90S,!) J!)
255,822
5,895,368
L.135,268
492,835
9,393,818
1,469,283
387,099
9,917,596
35,299
591 077
272, KM
1,107,9 15
.1,010
7,554,252
1,2 s.5, 091
295,0
8,631,232
31,95 1
505,007
Manistique
September
{Mexican Central Let wk Oct
Mexican Intern'l August.
IMexlcau Xat'l.. IstwkOct
296,190
Mexican Xorth'n •May
{Mexican Ry
WkSept 21
Mexican South'n 5.1 wkSept
Minneap ft St L. list wk Oct
2.191
-,549
135.018
43,892
70,100
14,015
77,755
10.1S7
7,282
323,19
410,0 57
133,022
56,240
86,800
14,788
72,741
1
037. 01
t
1,5
9 19.77
-.-50,11110
I
120.3 13
IO.000
9,270,959
1
5.
-.201
1,423,176
347,091
18,9 15
1
1
(/
1
1
&
47,384
Xorthw'ji April
50,298
230.133 219,339
Pete Marquette.. IthwkSept
005,0.59
July
Phiia & Erie
519,082
Phila Wilin&B.. lugust
1,078,227 1,122,227
PittsbCCit St 1. August
1,832,046 1,010,571
222,095
179,820
Pittsb & West'n. July
94,950
129,358
Pittsb Cl & Tol Juiv
57,019
52,405
Pittsb Pa&F.. July
84,001
Total system... 4thwk8ept
105,955
Plant System— 1
Ala Midland.
Bruns <te W'n. August
548,029 524,509
Chas »&Sav... f
8av Fla & W.
Sil8 0c&G..
P.-nu
569,671
2, ISO, 202
005,059
505.774
2,201,500
519,082
19..5o;
2,001,00.5
3,476,934
5,070,950
179.820
91.950
57,019
2,0
222,095
129,358
52,105
1,150,153
979,750
'
!
1,178,209
1,124,786
I
Reading Co.—
& Read....
Coal ft Ir Co....
Tot both Co's.
Rich Fr'ksb it P
Rio Grande Jet..
July
July
Kio Grande So...
Rio Gr'de West..
St Jos&GrI
St L Ken'et&So.
3d wkSept
September
S ptember
Phil
.
August
August
August
1st
wk
1
Oct
.
StLVan&TH..
San Ant& A P...
S
eptember
August..
&XP.. August
Fe Pros & Ph.. tth wkSept
SilSprsO&G... June
Haven it East. August.
Southern Ind
So Miss <te Ark ...
So Pacific Co b...
Austin ft Nn'11
Carson & Col..
cent Paeitio
Direct
Xav Co
September
August
August
May
inly
July
luly
T.
&P.
Inly
Hous.lv &WT. inly
Hous. it Shrev. luly
Hous&TexCen
luly
Iberia &Verm'n July
Louls'a West... July
Morgan's L <t T July
NewMexA Ariz July
N YTftMex .. July
&X Oil... Inly
Ore & Califor'a July
.
AW
1
1
1
1
luly
July
July
ruly
July ....
IthwkSept
952, 180
September
September
IthwkSept
st wk Oct
September
14 1.977
46,470
15,560
210.051
10,500
1
1st
wk Oct
is-.'.
•
2,81
si
is. 001
wk
,987
9,02(
lo-
4
16,759
ll. 001
1
1;
1 12,
221,571
11,600
52,412
52,1 15
IthwkSept
1st
1
I
Tex
1
,
!
i
Gal liar & S A. July
Gal Houa & Xo July
GulfW.
1
1
SoC ftGaExt... September
So
2,594,250 2,507,5 L7 4,833.931 4,707,295
2,424,983 2,465,231 4,317,489 4,562,233
5,019,255 5,052,77- 9,151,420 9,269,528
85, 19
84,495
85,419
84.49
51,7s
50, 72(1
51,784
50,726
12,15s
150,-1.;
152.059
12.217
99,700 1,248,200 1.090.900
114,000
12s, 57
557.201
372.001
104,411
57.25(1
11,325
30,390
14,663
21,798,122
21,798
8,122
15 1,9 1s
199,020
1,981,348 4,243,977
1.075,152
158,100 172,833 1,836,21
507,000
533,056
177,282 174,471
225.205
397,138
20 1,573
215,095
100,713
l66",947
.719
21,1 15
238,829
22,60o
/5IS,029 f524,509 ri,178.209 t\ 2
22
2.079.579 2,101.755
2 11,025
210,-2
281,602
10,709
20,617
20,9 II
20,1 15
60,294
58,78
1 0,001
1,070
9,002
8,682
57.159
3 1,3 10
161
95,311
55.1s,;
1(1,-05
38,093
19,381
7,184.692 5,997,862 L3.81 5, 151 11,731,157
25(1.15(1
156,004
20,422
12,830
11.19.575
19,575
1 1,068
1,73
1,84
1,733,655 1,84 1.29
1,943
2,828
1,943
2,828
550.055
186,194
559,955
186,194
29, 952
20,105
29,952
s.177
15.77i;
15,770
8,477
55.00;
046
64,880
64,880
15,591
8,112
13,391
8,1 12
295.0
1
3-7.
099
295.0111
387,09!
2,456
2,456
3,938
107
157.7 19
157.719
107
499,228
587,188
499,228
587,188
17
27. (190
27.090
17,937
17. 710
17,710
25,583
175.52
17;
246,1 19
210.1 19
229,10s
280,013
280.013 229,168
45,082
44,538
44,538
98,477
98,477
99,015
1,75 1.15- 1,15 I, 10- 1,754,458 1,454,498
271,600
3O0.075 271,600
306,673
1
July
StLitXArk
St L & San Fran g IthwkSept
1st wk Oct
St L Southwest
.
Oct
Auguat
129
2,678,610
32,100
7:o
29
1,502
3,394
409.1 17
12
!
112,1
,200
-.717
7o-
566
01.502
8,07.
7.1-1,205
45.0.-1
.
25,510
24,941
22
4,298,98
.157
I
10,2 16,000
5II.OOO
4 55. oimi
007.OKO 10,7 1,745
2,35o
-.723
475, 070 1,1 18,100
10
.
t
8,170
9
1.468,667
108,161
355.-00
.
1
eptember
hate
399
Nash Ch .t Sti-a. September 025,055 624,879 l,--.i- -137,-00
4 2.9-.
Septembei
Nev-Cal-Ore
"2,501;
"3,696
2,500
3,096
Nevada Central Juiy
N JTOft Hud Ktv September 6,686,672 5,874,849 19,122,23 17,24 7,12(1
979,2 14
X Y Out <te Wist August ... 571,515 526,580 1,1 15,04
4 20,204
25 I. IU!i
507,464
V Y Sunq & West AiiKiist .... 272,50
42S,ltil
380,339 4.1 30,226 4,008,581
Norfolk ft West'n 4th\vkSrpt
r
1.5
1,27:
075,030
August
092,950
..
Northern Centra)
875.051 lo,027,-lo 8,902,526
Xorth'n Pacific. IthwkSepi 1,1 12,991
32,315
wk
3d
July
95,256
92,378
32,132
Ohio River
399,(12
519,025
855, 10 1,045
Pacific Coast Co. August....
355.-07 2,515,701 3,308.378
April
185,475
Paciflo Mail
8,388,161 7,401,901 10,010,050 1,192,050
Pennsylvania^. .. August
Souora Ry
So Pac Coast...
So Pac of Cal
So Pac of Ariz.
187,1195
So Pac of X M
1,094,128 Southern Rallw'\
I
1
& Birm...
(
ft
1
Macon
wk
Wk
i
176,642
121,750
681 ,000
701,000
5,000
Mob Jack
-
I
iir
lit
Ind Dec it West'n April
51,9(15
53,410
Inn 111 & Iowa... august
1 40.436
93,613
Int & Gt Xorth'n IstwkOot.
110,051
110,226
Interoc(Mex)
WkSept 21
-55, ion
70,500
68,500
875,470 Teii-i- H it Ind ...
IstwkOct.
Iowa Central
611.115 Terre H & Peor..
48,488
50,468
63
Dron Railway
Ssptember
15.513 Texas Central ...
6,129
18,860
4,020
Kanawha ft Mich tu wkSept
213,-50 Texas & Pacific.
2 19.701
23,649
20,184
Kan City South'n August
416.276 361,877
715,81
TexS VitX W ..
767,900
Lehigh it Hudson September
102,-51.
110,123 Tol & Ohio Cent
32,468
37,037
Lehigh Val BR.. August
2,445,738 2,313,919 4,556,593 1.5 1,025 Tol P it West ....
Leh Val Coal Co. August
5,517,721 Pol St I,
1,779,025 1,813,505 3,211
Lexing it East'n, August. ...
05.07S Tor Ham *Buff,
35.729
07.220
34,830
Lou Hen & StL.. -eptember
100.509 Union Pac RR )
58,704
182,87
56,887
Loulsv Ac Nashv. IthwkSept 743,000 097,509 7,185,765 0,100,2 10
OregRR&X [
-
.
Ort
1st
1st
200,020 3av Fla ft West.. Auguat..
22,05s Seaboard Air L.. IthwkSept
68,068
740.587
39,775
7,853.346
96,733
350.
«I5
551,451
329,13(1
7,375,147
September 2,859,299 2,308,973
565,600 396,240
Montana Cent'l September 172,003 171,037
Total system. September 3.596,962 2,876,850
Hocking Valley.. 1st wk Oct 130,051 119.713
Branch
Total
790,020 San Fran
3.4 20, 102
East'nof Minn. Septembei
<fe
)
P&
lentral
>
• 1 1
|
8,453,016
1,340,270
1,200,903
12,574,55
StPMiun&M.
Illinois Central..
Illinois Southern
.(
1
108,965
Great Xorth'n—
Houa
ningi
"1
1
49,470
50,001
9,382
.
.
1
iUt
M until.
8 St M. AthwkSepI
M.. Kan A- Irxii- 1st wk Oc1
\lo Paoft Iron Mi 1st « k Oct
Rt
i
154,978
77,654
68,8 Lfl
71,383
31.199
1st wi Oct
34,781
Ann A.rbor
Ann Wash & Bal u y
7,759
1,941,070 4,253,840
Atch Top A S i-v august
164.190
Atlanta & liar.. IllllH
U14.917
52,880
Atl Know & No. September
36,3 11
19,656
i't.. lime
47,085
Atlanta &
August ..
5 6,478
509,862
Atl Coast Line.
22,906
Atl Vaid ft w est September
16,829
20,422
12,830
Austin A- Xorthw May
s
Halt ft Ann
10.439
9,382
L.. luiy
Bait ft Ohio... ) September
4,167,390 3,927,258
B&
Southw.
108,965 107.901
Bangor <t Arooat July
3,172
Bath A; llmimioii August
3,387
5,029
Belleionte Cent'l September
2,767
3,628
Bridgt ft Baoo B. luly. ...
3,125
BuffBoohft Itto 1st wk Oct 134, 7. !7 132,812
Bulfalo ABuaq... August
63,879
53,066
BurlC Rap it No kthwkSept 1 1:8,105 131,010
Canadian Pacific 1st wk Oct 795,000 051,O(lii
187,126 211,530
Cent'l of Georgia it h wkSept
Cent'l XewEug.. August
58,418
62,921
L.574.597 1,572,490
Cent'l of N Jersey August
Pacific.
July
Central
1,84 1,294 1,733,655
Cent'l Pa ft West June
2,386
2,403
Chattan South'n. 4thwi8ep1
2,529
2,612
Chesap&Ohlo... ithwkSepI 425,731 384,010
850,618 865,104
Chic & Alton By. august
1,979,672 1,545,718
Chic Burl ft Quhi August
131,333 119,586
Chic <fc E Illinois. 4thwkSept
Chi Gt Western. 1st wk Oct 153,716 154,291
I 12,096
Chic Ind it L'v... IthwkSept
106,36
877,900 866,724
Chic Milw & 8t F 1st wk Oct
Chic it North W'n August.... 1,298,425 3,928,360
Chic Peo & St 1„ September
118,720 112,251
8t L Ch it St P >
.990,673 2,000,977
Chic K I it Pile... August
974.307
Chic St P M it O. Augii1,119,321
37,239
Chic Term Tr UK .tiiwkSept
41,183
Choc Old it Gulf. trhwkSe.pt *164.458 *79,863
ClnX O ft T Pac. id wkSept
80,005
95,498
Cl Cin Chit 8t L. IthwkSept
479,850 420,07
IthwkSept
Peoria &
62,362
55,048
September 239,542 172,132
Clev Lor <t V,
471,11
Colorado it South August
404,986
ColXewb <& Lan.
11,702
10,8 t3
Col Sand A Hook IthwkSept
23, 335
29,030
Cornwall it Leu.. Juiy
55,7 16
22.058
Cumberl d Val e\ July.
83.888
83,011
Denver it Rio Gi 1st wk Oct •J 11, SOU 234,000
Detroit Southern. let wk Oct
23,993
22,562
Det & Mackinac. July
68,068
73,744
Dul So shit Atl.. IthwkSept
81 ,920
68,313
Carond. September
13,25(1
12,528
August
Erie
3,830.653 3,484,272
Evansv & Indian 1st Wk Ort
6,107
7,902
Evans v it Til... 1st wk Oct
27,669
26,85
W .. Septembei
Find Ft
<fc
9,635
9,610
FtW&DenvCity august
184,298 164,353
Georgia UK
127,521'
August ..
139,4:28
70,12s
Ga South <t Fla.. 8 wfcsSept
65.625
X
Gila Val G A.
August
25,104
30,758
Gr Trunk System •IthwkSept 791, 9 17 720,917
GrTrit West' 3d wkSept
99,110
79,900
DetGrH&M.. 3d wktsept
18,547
23,029
I
Orou
I,
*
M
1
i
i
11..
4,231.338
819,099
2,005,848
1
1
171,270
..70.O79
981, 100
107,5! 5
984.408'
811,877
591
92 5.7001
OregSh
Wabash
August..
3,891,161
1,125,
Line.
W Jersey &
W V Cen A
wk
Oct
Sea'o August....
1st
Pitt..
Western of Ala
Wheel & LE...
August
June
-eptomber
-t wk Oct
Wisconsin Cent ..
Wrightsv it T'n.. July
Yazoo &Miss V.. Septembei
1
396,10
'
1
361
1,12
651
105,784
57.-5.
5OO.750
112,000
451
20s
1,031
19 1.209
759
715.711
107,7-1
1.07-.--l,29i
1,519,088
11,373
1,105
m curreiu
" Figures from August 1 are tot the railroad only.
§ Covers results on lines directly operated easl of Plttsl org.
erlncludes Paducah ft Memphis Division from July l In both years,
ft Includes the Houston ft Texas Central and lt»
sub idlarj lines. Earnings ol the Cromwell Steamship Line, not previously reported, are
rs.
now also included.
({Includes St. Paul A Uuluth tor
c Results on Montgomery Division are included in both years.
se ttgures
e Includes results on Sher. Shrev. & Southern, Mo. Midland and San Antonio extension (or this year, out not ror
it Gulf.
are the results on the Ala. Midland, Brunswick <fc W< stern, harleston <fc Savannah, savannah 1'la. ft West'n and Silver Sprlni
g These figures iuolude, besides the St. Louis & San Francisco proper, the Kau. City Ft. Scott &. Memphis and Ft, Worth & liio Grande.
<
THE CHRONICLE.
778
Totals for Fiscal Year.
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
majority of the roads. There are, however, some roads that
Btill have their own fiscal years.
These with their dates are
brought together in the following.
Latest Gross Earnings.
Roads.
Period.
Ourrent
Previous
Tear.
Year.
[Vol. LXXIII.
4<A ueek of September.
Kanawha&
1901.
23,649
74.'1.06"
<fe
Texas
398,'!)!)
170,0 12
M
Mo. Paclflo & Iron Mt.
Central Brunch
Norfolk & Western
Northern Paclflo
Pere Marquette
97.080
1,108,000
38,000
4
.
•12H.16-1
1,112,991
280,433
Pittsburgh
Western.!
Rio G rande Southern.
8t. Louis &8an Fran...
Santa Fe Prog. A Phoenix
Seaboard Air Line
105,!).-,:,
<Jfc
lfi,310
.
Atlanta & Charlotte Air Line.
Belief onte Central
Burlington Cedar Rap. & No.
Central of New Jersey
Chicago <fe North-Western....
Chicago Rook Island & Pao..
Ohio. St. P. Minn. & Omaha.
Apr.
Jan.
Jan.
Jan.
.1
1 to
1 to Sept.
1
'111*5
Jan.
Jan.
Jan.
Jan.
Jan.
Deo.
Deo.
Manlstlque
Jan.
Mexican Central
Jan.
Mexican International
Jan.
Mexican National
Jan.
Mexican Railway
Jan.
Mexican Southern
Apr.
Missouri Paolflo
:
Jan.
Central Branch
Jan.
Total
Jan.
Monterey & Mexican Gulf.... Jan.
Northern Central
Jan.
Ohio River
Jan.
May
Pennsylvania
Jan.
Pennsylvania & Northwes'n. Jan.
Pere Marquette
Jan.
& Eastern
South. Missouri & Arkansas..
Terre Haute & Indianapolis..
Terre Haute A .Peoria
Texas & Paolflo
West Jersey & Seashore
Auk- 83
tO Aug. 81
to Sept, 30
July 31
1 to Sept. 30
1 to Sept. 30
lto Auk. 31
1 to Auk. 31
7
1 to Oct.
1
1 to
<fe Atlantic
East St. Louis & Carondelet.
Ft. Worth & Denver City
Gila Valley Globe & North'n.
International <fe Gt. North'n.
Lehigh Valley RR
Lehigh Valley Coal
South Haven
HO
Apr. 1 to An:,'. 31
Jan. lto Au^. 81
Duluth South Sho.
Philadelphia & Erie
Phlla. Wllm'g'n & Baltimore.
Pitts. Clnoln. Chic. & St. L. ..
Rio Grande J unction
St. L. Vandalla & Terre H....
•
1 to
Choctaw Oklahoma & Gulf.. Nov.
Cumberland Valley....
Jan.
Paolflo Mall
Juno
1 to Sep). SO
Jan.
Nov.
Jan.
Deo.
Nov.
Jan.
Jan.
518,339
645,292
31.P37
36.666
3,760,432 3 488,987
11 072,951 10,271,315
12.0P6.178 11,198,096
12,111,790 10,457,182
6,791,055 6 209,453
4,528,891 2 941.312
579,295
549,917
1,5109,111 1.F63.237
118.745
119,104
1,371,275 1,035,7 80
226,691
259.614
3.308,557 2,907,589
lto Aug. 31 20,032.180 18 553.682
lto Aug. 31 15,925,329 13,860,053
lto Sept 30
7
1 to Oct.
1 to Aug. 31
7
1 to Oct.
1 t6 Sept. 21
lto Sept. 21
lto Oct. 7
lto Oct. 7
lto Oct. 7
lto Sept. 30
Aug. 31
lto July 23
lto Apr. 30
1 to Aug. 81
1 to Apr. 30
lto Sept 30
lto July 31
1 to Aug. 31
1 to Aug. 31
1 to July 31
1 to Sept. 30
1 to Aug. 31
lto Aug. 31
1 to Sept. SO
1 to
Nov.
Nov. 1 to Sept SO
7
Jan. 1 to Oct
Jan. lto Aug. 31
81,466
13.165,470
3.879 911
5,850,866
3,130 200
419.083
26,D- 4,958
1,044,437
27 558.696
1,033,842
5,300,345
753,104
3,071,166
60,840,667
225,526
6.749,928
3,589,775
9,727,778
13.227,991
351,b75
92,380
13,211312
3.491,125
6,066,074
3,342.300
416.000
22,622,196
1,054,311
23,97 1,998
1,045,693
5,071,545
729,624
3,817,620
55,013,367
227,045
6,045,411
3,153,591
9.414,378
12,460,471
334,985
1,844,791 1,762,389
39,197
36,583
116395
141,569
1,432,809 1,465,991
sos^o*434,838
8,260,062 6 393,669
2.621,883 2,481,183
Latest Gross Earnings by Weeks.— In the table which
follows we sum up separately the earnings for the latest
week.
The table covers the first week of October and
shows 5 66 per cent increase in the aggregate over the same
-
week
1st
last year.
week of October.
Buffalo Roch.
& Pittsb'g
Canadian Paolflo...
Chioago Great Western.
Chicago Milw. & St. Paul.
Denver & Rio Grande.
Detroit Southern
Evansv. & Indianapolis.
Evansv. & Terre Haute.
Hooking Valley
& Great
Northern..
Mexican Central
Mexican National
Minneapolis & St. Louis.
Mo. Kansas and Texas..
Mo. Pacific and Iron Mt.
Central Branch
Mob. Jackson & K. City.
Rio Grande Southern
St Louis Southwestern..
Toledo
& Ohio Central..
Wabash
Net increase
1900
34.781
134,737
31,499
132,312
651,000
154,291
866,724
234,000
22,562
7,902
$
Ann Arbor
Int.
1901.
(5-66 p.
795,000
153,716
877,966
241, 80C
Increase.
$
$
3,282
2,425
144,000
575
11,242
7,800
1,431
23,993
6,107
27,669
130,051
1)0,226
48,488
296,190
135,018
77,755
421,750
681,000
23,000
3,000
12,158
15B, 100
216,631
48,601
50,323
396,164
112,000
353,866
637,000
30,000
2,350
12,217
172.833
221,371
52,412
43,254
366,505
107.781
67,884
44,000
5,216,224
4,936,531
341,390
279,693
26,>-57
119713
110,054
50,468
323,194
133,622
72,744
o.)..
Decrease.
1,795
812
10,338
172
1,980
27.C04
1,396
5,011
7,000
650
59
14,733
4,740
3,811
7,069
29,659
4,219
61,697
For the fourth week of September our final statement covers
and shows 12*47 per cent increase in the aggregate
over the same week last vear.
55 roads,
4th week of September.
Previouslyrep'd(19 r'dB)
Alabama Gt. Southern..
Ann Arbor
Burl. Ced. Rap.
&
North.
Chattanooga Southern..
Chioago & East. Illinois.
Ohio. Indlan'lis& Loulsv.
Chicago Term. Transfer.
Choc. Okla & Gulf
Clev. Ciu.Chio. & St. L..
Peoria & Eastern
Col. Sandusky & Hock'g.
Duluth So. Shore
& Atl..
Grand Trunk
Grand Trunk West.. )>
DetGd. Hav. & Mllw. >
1901.
1900.
Increase.
$
$
$
4,629,884
60,416
51,198
148,105
187,126
2,529
425,731
131,333
112,096
41,183
164,458
479,850
62,362
29.030
81,920
4,170,382
52,789
43,741
131,616
384,010
119,586
106,364
37,239
79,863
426,674
55,048
23,335
68,313
41,721
11,747
5,732
3,944
84,590
53,176
7,314
5,695
13,607
794,947
720,917
74,030
474,662
7,627
7,457
16,489
211.530
Decrease.
$
15,160
24,404
83
2,612
Incr'
BOO.
Decrease.
t
Miohlgan...
Louisville Ai Nanhvllle..
Mixloan Central.
Minn. St. P. & S. Hte.
Mo, Kansas
i
493,626
22,600
241,023
952,480
15,:. oo
344,399
26,744
Southern Railway
Texas Central
Texas <fe Paclflo
Toledo Peoria
&
West'n.
Total (55 reads)
Net increase (12-47
p.o.)
20,184,
3,465
45,491
f 97,569
84 1,2 20
iok.ioi
on, 481
01,355
435,723
965.0O0
47,000
380.339
875,001
219,389
84,001
18.423
233 OOOj
!
21,
2,887
44,678
1,157
16.1L1
454,948:
21,443
224,902
956,987
14,958
338,136
32,113
<,000
'47.825
237,340
11,094
!
4,507
602
6,263
5,3e9
14,473,083 12,868,118! 1,663,488
1,604,965
58,523
Net Earnings Monthly to Latest Dates.— The table following shows the gross and net earnings of Steam railroads
reported this week.
full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of Sept. 21,
1901.
The next will appear in the issue of Oct. 19, 1901.
A
— Qrosi Earnings. —
Ourrent
Year.
Roads.
Ann Arbor. b
Aug.
July lto Aug. 31
S
156,977
300,804
Knox. & No a. Aug.
July 1 to Aug. 31 ...
43,905
93,496
Atl.
Previous
Year.
i
Net Earnings.^—
Ourrent Previout
Year.
Year.
135,647
266,764
9
52,778
102,229
2,095
31,345
47,663
86,938
11,582
28,915
19,735
31,902
9
<fe Ohio. b
Sept 4,167,390 3,927,258 1,532,680 1,340,658
July lto Sept 30 ..12,633.422 11,348,717 4,853,547 3,658,563
Bait.
Bath& Hamm'ds.bAug.
...
3,172
5,566
3,387
5,740
BellefonteCentralbSept
Jan. lto Sept 30
5,029
30,666
2,767
2,738
881
31,837
12,224
10,978
Buflalo&S'squeh.aAug.
July 1 to Aug. 81....
63,879
126,521
53,066
96,285
23,868
44,046
22,157
36,849
194,766
121,196
788,589
780,402
145,118
246,433
137,191
897,645
404,368
743,436
110,084
681,073
688,624
July lto Aug. 31
Burl.Ced.R.&Noa.Aug.
428.415
529,584
Jan. lto Aug. 31.... 3,272,766 3,021,852
1,130
1,478
1,012,891
833,045
Central Paolflc.b... July 1,844,294 1,733,655
Ohlo.Ind.&Louis.a.Aug.
424,618
363,998
175,808
July 1 to Aug. 31....
812,310
686,966
332,304
OhootawOkl.AC+.b Aug.
525,661
336,677
212,864
Nov. 1 to Aug. 81.... 4,197,349 2,724,023 1,603,585
Oenv. ARioG'dt.b.Aug. 1,052.851 1,045,495
434,982
July lto Aug. 31.... 2,087.462 1.998,048
867,896
Dul.So. Sh.&Atl.b.Aug.
243.519
254,440
97,476
Jan. lto Aug. 31.... 1,667,671 1,741,154
585,386
Or. Trunk of Can... Aug. 2,206,517 2,004,066
764,056
Jan. 1 to Aug. 31.... 15,295,725 14,183,175 5,020,385
Gr. Trunk West... Aug.
339,202
337,255
35,526
97,819
Det.Gr. H.&Mil.Aug.
98,792
24,820
295,641
Houst. & Tex. Cent. July
387,099
98,332
IllinoiB Central... a. Aug. 3,383,178 2,881,721 1,003,162
July lto Aug. 31.... 6,558,930 5,518,611 1,972,179
34,830
35,729
14,451
L.exlng'n& East. b.. Aug.
26,568
67,226
68,678
July 1 to Aug. 31....
13,342
13,499
3,934
Lowell Eleo. Lt. Co. Aug.
26,303
26,589
6,746
July lto Aug. 31....
589,775
650,735 C189.418
Mexloan National. Aug.
Jan. 1 to Aug. 31.... 5.148,640 5,333,803 cl,965,771
519,623
399,024
80,933
Paolflo Coast Co.. a Aug.
855,410 1,045,495
195,343
July 1 to Aug. 31 ..
788.517
249.939
904,235
Pere Marquette. a.. Aug.
Jan. lto Aug. 31.... 5,944,217 5,302,450 1,412,675
403,858
331,789
158,862
Pitts.* West. Sys.b.July
47.575
49,609
24,043
Bio Grande 8onth.li Aug.
97,225
93,739
47,152
July lto Aug. 31....
561,062
481,367 §182,334
St.LouiaSo'west.b.Aug.
949,202
§293,982
July lto Aug. 31.... 1,068,917
225,205
84,536
8anAnt.&Arat>.P...Aug.
397,138
106,575
July 1 to Aug. 31....
548,629
524,509
115,217
Sav.Fla.A West. b. Aug. *
299,695
July lto Aug. 81-.. 1,178,209 1,124,786
774,909
321,967
923,699
Seaboard Air Line a Aug.
568,717
July lto Aug. 3l.... 1,795,488 1,615,434
Southern Paolflo. a .Aug. 7,184,692 5,997,862 2,740,548
July 1 to Aug. 31. ...13,815,451 11,731,157 5,250,734
19,373
11,068
10,822
Carson & Colo. .b.July
833,045
Central Paoiflo. b.July 1,844,294 1,733,655
2,828
1,943 def.3,993
Direct Nav. Co.b July
486,194
135,662
559,955
Gal.Har.&SanA.bJuly
26,495
3,059
29,952,
Gal. Hous.&No.b. July
542
13,776
8,477
Gulf W.T.& Pao. bJuly
13,469
64,880
55,046
Houst.E.&W.T.b.July
2,192
13,391
8,112
Houst.&Shreve.bJuly
2,084
2,456
3,938
Iberia &Vermil.b July
57,112
137,749
107,485
Louisiana West. b.July
188,840
499,228
587,188
M'g'n'sLa.&Tex.bJuly
14,380
17,937
27,090
N. Mex.& Ariz. b.July
9,391
17,710
25,583
N. Y.Tex. &M.b. July
105,823
280,013
229,168
Oregon* Calif. b.July
4,141
45,082
44,538
Sonora Rail w'y.b. July
27,368
98,477
99,015
So. Pao. Coast.. b.July
147,385
271,600
306,673
8o. Pao.olAriz.b.July
805,743
80. Pao. of Cal. b.July 1,754,458 1,454,498
1,510
2,227
4,658.027
51,586
12,654
65,739
663,533
1,063,265
14.795
25,321
3,458
7,142
302,392
2,535,859
144,831
284,433
219,059
1,172,711
126,494
18,680
38,771
§179,026
^340,148
133.912
308,298
73,326
276,721
2,009,412
8,935,325
3,747
780,402
def. 4,585
63,064
def.9,633
def.966
16,423
2,551
883
29,096
127,887
1,110
4,850
58,043
5,258
36,992
129,812
625,816
OCTOBEB
THE CHRONICLE.
12, 1901.]
,
Roads.
Southern Pao. (Oonol.)
flo. Pao. of N. M.b.July
Texas AN. Orl.b.JiUy
Yazoo A Miss Val.a.AutfJuly 1 to Aug. 31...
Cross Earnings.
Current Previous
.
—
Net Earnings.
Current
Previous
*
182,817
246,149
429,063
839,308
116,528
71,016
46,802
107,834
145,502
173,321
356,612
673,323
59,378
73,490
188.878
.
Latest
UOSB
Earnings.
Year.
9
Year.
$
Year.
(
779
.
,
.
I
By,
20, '14
ii
A Power
August
August
August
August
Prev'ut
,
to
l
I.aun Date
Previous
Ourrtmt
Yeur.
Year.
~9
9
63."63
.
Toledo Bye. A: Light.
loronto Ry..-Twin City Rap. Tran
Union (N. Bedford).
United Traction— )
Albany City \
United Traot. (Pitts.)
Jan.
Tear.
Anranton Railway... Augu-t
August ...
Hioux City
in-i
Southern Ohio Tract
August
Island Eleo
ii
b Net earnings here given are before deducting taxes.
•These figure* itioiu<io,iie.sidt\s the old Savannah Florida A \v. item,
n.uali
the Alabama Midland. Brunswick it Western, Charleston A S
and Silver spiii gs Ooala A onif. all of which have now been consolidated For last year we. have combined the earnings of these separate
roads for purposes of < omparisou.
c Of the balance here given there was charged oil for rep
replaeen
d general expenses in August 884,-998, leaving
to logust
154, 420 applicable to Interest on bonds. From January
f 1 there was charged oil" for this purpose $305,444, Leaving a
balance of $1,660,327. These figures are in Merle ai ourrenoy, and are
convertible into gold at the current rate of exchange.
$ After allowing for expenditures for betterments, net In August,
1901, was 064,212, against $158,410 In 1900. From July 1 to August
31. 1901, net. after allowing for betterments, was $150,178, against
$288,843 in 1900.
Our'nt
Week or Mo
i
a NetearnlnRS heregiven are after deducting taxes.
g ross Earnings.
1
-.485
13-
11
84.156
28,108
45,713 1*5,193
125,491
158.481
2)
883,589 254 7
33,106 28,710,
402.690
218,846
246,404
186,664
671
-'.i2
949,676
1-4.037
0.377
168.832
1.0 17,
August.... 126,875 121,897
882,70s| 886.653
182,778 162,155 1.347,039 1,246.996
Tnltert Tract. (Prov.i August.... 284,800 243.432 1,783,179 i, 565,160
WIl.ANewCastleElee AUgUSt ...
8,603
6,200
40,167
30,559
August
...
1
Interest Charges and Surplus.—The following roads, In
addition to their gross and net earnings given in the fore
going, also report oharges for interest, &o., with the surplus
above or deficit below those oharges.
—
Int., rental*, etc.
—
r-Bat. of Net Earn' s.-
Ourrent
Previous
Ourrent
Year.
Year.
Year.
$
Boads.
52,465
Oboe. Okla. A Gulf. Aug.
488,386
Nov. 1 to Aug. 31....
206,465
Log.
Den. A R.Grande
405,204
July 1 to Aug. 31....
122,660
Aug.
Pere Marquette
974,301
Jan. 1 to Aug. 31
18,034
Rio Grande South.. Aug.
35,717
July 1 to Aug. 81....
Southern Pacitlo...Aug. 2,230,417
4,266,089
July 1 to Aug. 31
—
Previous
Year.
9
160,399
1,115,199
{229,446
$
43,560
412,344
205.145
409,054
109.997
875,016
18,759
36,592
127,279
438.374
6,009
11,435
•611,359
def.'9
2,179
After allowing for other Income received.
are after making deductions for Discount and Ext These figures
change. After deducting $10,000 for Renewal Fund and Bond
Conversion in August, 1901, and 815,000 in August, 1900. the surplus
for the month is $219,446. against $183,601 a year ago. From July 1
to August 31, 1901, the deductions for this purpose were $20,000,
against $3O,0Oi> a year ago, leaving a surplus of $475,009 in 1901
against $334,254 in 1900.
*
STREET RAILWAYS AND TRACTION COMPANIES.
The following table shows the gross earnings for the latest
period of all street railways from whioh we are able to obtain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads that is, the
first two columns of figures give the gross earnings for he
latest week or month, and the last two columns the earnings
for the oalendar year from January 1 to and including suob
latest week or month.
—
STREET RAILWAYS AND TRACTION COMPANIES.
to
Latest Date
Gross
Earnings.
WeekorMo Our>nt
Prev'ut
Year.
Year.
American R'ys. Co.}. August. .
Bingham ton RR
August...
91,176
21,490
81,813
19.540
Current
Previoui
Year.
Year.
9
9
557,949 521.295
134,660
121 935
8.306,612 8,055,148
Br"klyn Rap.Tr. Co.
August... 1,139,611 1.001.804
6o^
1,2*3
8,307
Chagrin Falls & East. August...
24,042 20.702
115,963
92,267
Chicago A Mil. Elec. August...
76,620 72,704 461,2.19
442,642
Oln. Newp. A Cov.... July
3.874
3,447
24.139
22.651
mtyEleo. (Rotne.Ga.) July
4,621
28,844
Cl.AChag'n F'sEleo. August.. -209,462
182.940
1,474,082
1,330.59?
(Jlevelana Electrlo . August..
27.307 17,751
158,562
1 2,186
Oleve. Ely A West... August
20,770 16.838
105,361
August
91,689
Oleve. ralnsv. A E.
260,384 240,935 1,987.580 1,862,605
Consol. Trao. (Pitts.) August
17,556 13,887
82,205
70,625
Dart.AWportSt.Ry August
142,390 124,7 18
9-0,8.^2
847,018
Denver City Tram... August
13,449
71.217
8,368
38,143
Det. Roch. Ro.AL.O. August
ithwkSept 90.373 71.700 2,118,790 1,879,193
Detroit United
8,676
Rapid Railway
4thwkSept
8,668
4thwkSept 99,049 80,368
Total
Duluth-Bup. Tract. ) August.... 41,469 41,965 295,790
Duluth St. By.... i
Elgin Aurora A Sou September, 34,172, 29,486 275,504 234,125
August.... 13,7661
Gauveston City
HarrlsburgTraotlon. August.... 42,026 35,977 257,272| 231,782
,
1
i
Internat'l Traction—
August.
(Buffalo)
August.
London St. Ry.(Can.) August.
Lorain A Cleveland. August.
Mad.(Wls.)Eleot. Ry. August.
AUgUSt.
Mass. Elec. Co.'s
Montreal Street Ry. August.
August.
Muscatine St. Ry
August.
NewburgSt. Ry
New Castle Traction August.
Lehigh Traotlon
New London
St.
Ry
July....
660.402 273,156
12,287 11,743
16 260 12 964
lV!.fc42
12,493
ri,132
6.775
705.309 661.107
179,587 173.584
6,184
5,978
13,615 12.780
14.489 16,397
11.666 10.322
67 693 57,954
2,257
2,140
6.152
6,417
172,639 126.189
19,122 17,005
Northern Ohio Traot August.
Ogdensbu.-g St. Ry.. June
August.
Olean St. Ry
Philadelphia Comp'y August.
Pottsv'e Union Trao. July
Railways Co.Gen.—
August.
26,572
Roads
August.
Light Co's
1,674
Rlohrnond Traction. August.
21,984
Sacramento Electric
August... 34,865
Gas A Ry
September 500.486
St. Louis Transit
Strike In August. 1900.
Street Railway Net Earnings.— The following table givea
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
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 September 21. 1901.
The next will appear in the issue of October 19, 1901.
dross Earnings.
Ne t Earnings.—*
Current Previous
Ourrent Previous
—
.
.
Jan. 1 to Sept 30. ..
Lorain A Cleve. Ry.Aug.
Sewburg Eleotric. Aug.
July 1 to Aug. 31
South. Ohio Tract Sept.
2,783,96 7 1,736.027
76.409
8 5, a 63
91,676
73,594
46 595
3,929,712 3,705,983
1,2 3,0i9 1, 183,9 S4
44.40:
46,688
66.579
68,786
87,992'
95,737
32,347
37,153|
390,696
325,177
8,977
34.688
2,053,949 1,691,522
79,655
95,426
Jan. 1 to Sept. 30
Staten Island Eleo. Aug.
July 1 to Aug. 31
27,136
1,523
18.132
145,752
13,072
148,757
29,601
267,961
t4'0,049 4.301,895
240.150
3.087,765
9
379,528
824,794
16,734
122,599
8,482
7,916
16,236
18,312
114,569
14,726
28,792
Year.
8
399,606
874,147
11,866
84,274
8,309
7,848
15,587
17,656
106,824
10,073
25,220
Annual Reports.—The following is an index to all annaal
reports of steam railroads, street railways and miscellaneous
companies which have been published since the last editions
of the Investors' and Street Railway Supplements.
This index does not include reports in to-day's Chronicle.
RAtLBOADS, ETC.—
Alabama Great Southern
Page.
448
American Agricultural Chemical.. 614
American Linseed
662
American Shipbuilding
390
American Smelling A Refining .. 65'.'
Ann Arbor
442,493
Amer. Hide & Leather.. bal. sheet,
June 29, 1901
493
Atchison Topeka A Santa Ke..718, 734
Boston Electric Light
441
721
Boston & Maine
Bullalo Roch. A Pitts
Buffalo & Susquehanna
Calumet ft Hecla Mining
Canadian Pacific.
Chesapeake* Ohio
335, 347
008, 619
235
335, 551. 5-6
659, *77
Chicago ft Alton
720
a-«
Chicago Burl. & Quincy
Eastern
Illinois
Chicago A
2*6, 552, 660
Chicago Great Western.... 493, 551, 56i
Chic. Ino.
ft
Louisville
fill
Chicago Minv. & St, Paul
Chicago A Nonhwestern
Chicago Terminal Transfer
&
Cleve. Cln. Chic.
550, 6(12
285, 291
719, 738
191. 4><"
St. L.
Colorado Kuel it Iron
552, 559
Colorado A Southern.
flu
Consol. Gas of Baltimore
662
Consol. Tobacco... bal. sheet, Aug.
81, 1901
Krie RK
Kvaiisvllle
662
6UU
600
001
389, 394
612
liockinu Valey...
Illinois Central
669, 875
668, 005
& Rio Grande
Detroit* Mackinac
Dominion Iron & Steel
Denver
.492,
ft Terre Haute
Georgia Southern ft Florida
Glucose Sugar Refining
Indiana
Illinois
ft
442
7
Iowa
Long
Island..
I.ouisv. Hend.
Louisville
A
Hi
A
St. Louis
N'astiville
',
Railroads, Etc.— (Con.)—
Page.
Missouri Kansas ft Texas
«09
Mobile ft Onio
720
Nash. Chat. A St. Louis
336
Nat. Enamel. A Stamping
338
New Entcltnd Cotton v'arn
443
N. Y. Cent, ft Huason River
719
New York New Haven Jt Hartford 721
New York Ont. A West
....492, 601
New York Susque. A West
441
Norfolk A Western
492, 503
Northern Pacific
610
North Pao.—G-t. Nor. Joint bonds
Chic. Bur.
A
Q.collat.. offic state. 294
Pacific Mail Steamship
Pennsylvania Co
Peoria A Eastern
234
335
441
Republic Ir n ft Steel
552
St. Louis ft San Francisco
235
720
St- Louis Southwestern
442
San (Tranclsco ft .Vonh. Pacific
Sni Luis Potosl Electrical
662
Btaelby Steel Tube
444
389
Southern Indiana
Southern Ry
286,334, 340
614
Twine
Standa-d Rope A
444
Susquehanna Ir >n .v steel
660
Toledo ft Ohio Central
11. s. Cast Iron Pipe A Foundry.... 336
United states Steel Curp ration
Sept. 3u, 1901.... 722
6 months endin
Wabash RK
550, 667
722
Weitinghouse Air Brake
60i
West v lrgtnla Cent. 4 Pitta
4*3
White Pass ft inkuQ
720
Wisconsin Central
672
Yazoo a: Miss. Valley
i,
'2
660
390
660
6l2
International Paper
Kanawha a Michigan
'
Maine Central
Manhattan Ky
44^
336
Minneapolis General Electric
443
Page,
STKEET RAILWAYS—
182
International Tracilon of Buffalo. 336
York).. 613
Metropolitan street
614
New York A Queens County
Third Avenue RR. (New York).... 552
«13
Toledo Railways A Light
Union Traotlon ol Philadelphia... 614
394
Union Traotlon ol Plttabnia
610
united Traction of Albany, eto
Chicago Union Traction
Oew
—
New York
Central & Hudson River Railroad.
(Report for the year ending June 30, 1901.)
Fall extracts from the annual report of the directors, with
many tables of statistics, will be fonnd on pages 790 to 794.
In last week's Chronicle, on pages 719 and 720, was
published a comparative statement for three years of the
earnings, expenses and charges; below is the comparative
statement of equipment and operations and the balance sheets.
OPERATIONS, ETC.
1900-01.
Miles oper. June 30. t3,357
1899-00.
2,829
1898 99.
1,303
1.527
58.U51
1,116
136
1,137
1,437
42,119
1,426
2,395
1897-98.
2,395
Equipment—
Loo molves
Passenger equipni't.
136,182
Year.
UAL REPOR1rs.
8.59:'
35,859'
.
.
Year.
9
9
1,139,611 1,061.804
2.343,372 2,206.993
34,172
29,4-6
275,504
234,125
12,842
12,493
13,615
12.780
27,003
25,769
34,156
30,790
252,892
218,846
28,108
27,481
57,947
56,823
Roads.
Brooklyn Rap. Tr.a.Aug.
July 1 to Aug. 31
Elgin Aurora A So. Sept.
.
•1,181,174
Jan. 1
These are results for properties owned.
t
Year.
93,631
485,301
;i 98.601
$364,254
109,062
297,695
:-195,009
Latest Gross Earnings.
t
Freight cars
Service oars
Floating equipment.
t
Includes Boston
1,802
2,058
61.962
1,822
194
& Albany RR.
"-j
149
1,127
1.433
37,607
1,363
143
THE CHRONICLE.
780
1900-01.
Operations—
Passe n*ers carried. 40,481,311
1899 00.
1897
1898-99.
CONDENSED GENERAL BALANCE SHEET JUNE
190001.
HE
30.
1900.
1899.
261.175,642
3,618.269
1.981,326
54.4(0
5,190,762
4,532,795
269,887,422
3,614.294
3.476,611
13,155.469
166,4-8
3,264,664
3,250,667
325,155,030
296,805,615
291,548,785
110,577,700
147,204,300
50,753
509,608
fund...
Fire Insurance fund
280,015
Replacement fund
1,677,669
Interest due July 1...
2,039,403
Vouchers and i ay-rolls
3,974,613
Sundry current accounts
865,079
Payments undercir.of April 20
Hinklng funds
21,599,245
Renewal fund
10.000.000
Income account
17.217,349
Profit and loss
9,159,298
98,447,500
145,899,100
73,052
93,725,400
126,437,700
82,761
1,901,915
1,817,212
3,524,748
1,619,580
1,460,804
2,429.675
9,533,000
9.041, 1:30
10,000,000
13,690,216
13,297,355
Total liabilities
— V. 73, p. 491, 390.
296,805,615
291,543,785
$
se-
curities in controlled roads.
.
.
Sundry Investments
Ma erlalsonhand
293.099.C 53
4,394,804
3,943,269
13,939,946
12, -110,250
1,290,163
4,074,361
7, 93,784
1898-99.
1899-tO.
8
17.781,232 116,592,816 116,482,612
I8,16:-s.779
19,161,477 18,129,007
1,692,872
Buffalo grade crossings
1,870,862
2,009,429
Leased Hues construction
788,711
30,340,491
Equipment
43,666,126
44,707,063
RR. stks. owned* (proprit'y lnt.)l 14,724,030 120,185.407 110,690,270
3,1 3,166
RR. bonds owned
3,811,412
3, 138.156
4,046,785
3,ftl/,H85
Miscellaneous htoohe owned
4,091,2o0
2,044,275
Real est. not used in oper. of road 3.460,726
2.044,275
1,905,878
Bridges at Allmr.y
1,905. 8-78
1.905,878
5,251,455
5,547,661
Advances to N. Y. & Harlem RR. 5,774.764
•'
2,032,391
other RR. oompa's..
895,599
1,455716
"
7 00,66 3
222,629
mlsoel. companies..
662,172
4,093,895
Cash
5,075,052
5,721,202
3.708,589
Trallio balances receivable
3,626,011
3,597,053
3,960,551
4,465.810
Sundry collectible accounts
5.034,215
1,688,069
Fuel and supplies
4.083.S07
3,960,154
750,110
Sinking fund lordeben'sof 1890.
1,198,843
1,506,906
Securities acquired from lessor
2,914,150
2,914,150
companies
3,039,713
1
Total assets
Liabilities Capital stock
Bonds (see Invest. Si pp.)
Coupons unpaid
Bur relief department
114,995,100 114,995,1'0 99,993.700
Consolidation certificates
4. POO
6,300
4,900
Bonded debt (see Inves. Supp'T). 193,772,941 185,751,021 185,212,631
7.000
Bond and mortgage payable
7,000
157,000
571.250
Loans and bills payable
6 461,037
2,670,618
Wages and supplies
3,946,971
5,566,205
1,-38,057
Traffic balances payable
1,564,712
1,582,6^3
Interest and rentals accrued
5,885,112
5/03,862
5, 68-. 835
Dividend payable July
1,000,000
1,437,500
1,437,500
Dividends and Int unclaimed...
77,625
76,654
79,056
Sunary accounts payable
579,908
1,116,245
690,119
Special improvement fund
2.000,00)
1,821,709
Securities in trust for lessor co's.
3,039,713
2,914,150
2,914,150
Advances to lessor companies... 3,724,448
941,541
1,121,887
Profit and loss
11,769,994 11,754,889 10,797,498
.325,155,030
20,375,366
10,000,000
15,722,392
'1,277,294
1
Great Northern Railway.
(Statement for year endei June 30, 1901.)
342,794,583 340,550,911 312,141,978
Total assets
Liabilities—
Capital stock
I
$
Sundry available securities...
Accounts and bills receivable.
Cash on hand
30.
J
1901.
Assets—
Cost of road and equip., and
Sinking fuuds
Exclusive of company's freight.
Assets —
Oost of road
Real estate
BALANCE SHEET
98.
27.816,343 24.576,902 24,074,254
Passenger mileage.. 1145721536 848,704,035 754,(81,020 712.115,222
1-82 cte.
1 82 its.
1 86 ots.
Kate per pass. p. m. 182 ots.
Fr'ght (toim) moved. 42,401,3 -6 37,586,496 25.356,474 23,403.439
4500269846
Fr'ht (tons) mirge*.6606890325 6117572625 4659165559
0*56 ote.
061 ots.
059 cte.
Av. rate p. ton p. m. 0-59 ots.
*
[Vol. LXXIII.
The pamphlet report has not been re3eived, and the telegraphic despatches give only the results for the late fiscal
year.
Comparison with earlier yearn is therefore open to
error, but would appear to be asfotlous :
ENTIRE GREAT NORTHERN RAILWAY SYSTEM.
1897-8.
19001.
18990.
1898-9.
«£
Gross earnings
<E
jC
(g
30,564,386 31,093,057 27,598,572 25,021,194
18,296,481 17,075,533 14,8bl,l0- 13,469,012
Oper. exp. and taxes
Net earns, of system
12,267,905 14.^23.524 12,737.164 11,552,182
Miscellaneous income,... 1,619,775 2,290,494
952,801 1,523,716
Total net of system. .13,887,680 16,314,018 13,690 265 13,075,898
GREAT NORTHERS RAILWAY— REVENUE ACCOUNT.
342,794,583 340,550,911 312,141,978
Total liabilities
Proprietary interest in other lines through ownership of stock is as
& Mich. 8o. Ry.. $90,578,400; Mich Cent. RR., $19,336,44 5: Ches. & Ohio, $1,638,465; Pitts. & East., $150,000; Dim. Al.
P.
V. &
RR., $156,912; Syr. Gen. & C. Ry $802,875; Car. Wat. & S.
H. RR, $'83,800; New Jersey Junction RR.. $100,000; N. Y. N. H.
Hart. RR.. $1,050,000; other railroads, $427,142; total, $114,724,030.— Vl 73, p. 719.
1900-1.
*
follows: L. 8h.
$
1899-0.
1898-9.
S
1897-8.
£
20,881,051 21,953,412 19,057,814 17,639,770
12,854,160 12,^22,636 10,155,-89 8,902,604
Gross earnings
Oper. exp. and taxes
,
&
Chicago Burlington
Railroad.
Balanoe
30, 1901.)
report of thia company for the fiscal year 1900given on pages 787 to 789, embracing the remarks of
Mr. George B. Harris, the President, and the balance sheet
is
and income account.
Imp'ts and tunnel
Balance
Dividends
Surplus
—V.
results for three years are given below:
Miles operated June 30
Equipment* —
t
Engines.
Passenger equipment
Freight and misoel. cars
1,155
1,005
43,566
OperationsPassengers (revenue) one mile. 533, 186,204
Rate per passenger per mile . 2-16 cts.
3870 =>29358
Tons of freight one mile
0-862 cts.
Bate per ton per mile
Earnings—
$
Freight
Passenger
Mall and miscellaneous
Total
Operating Expenses—
Maintenance of way, etc
Maintenance of equipment
Conducting transportation.
Taxes
General
. . .
Total
*
1
7,661
951
810
1898-99.
7,419
37,730
951
805
36,836
469,256,338
2-20 cts.
448,456,418
2-10 cts
3793008334 3373480389
ots.
0861
cts.
$
33,6b2,221
11,624,746
4,765,022
32.557,999
10,384,408
4,593.013
29,270,942
9,469,018
4,649,465
50,051,989
47,535,420
43,389,425
8,676,029
6,094,873
16,179,5 1
1,627,017
1,491,478
8,109,583
5,499,356
14,992,150
1,605,503
1,215,749
6,323,774
4,783,194
14,026,096
1.589.834
1,412,566
34,068,908
31,425,342
28,135,465
Per cent of op. exp. to earn'gs
(68*07)
Net earnings
15,983,081
2,673,825
(66-10)
(64-8»)
16,113,078
15,253,960
Operations and equipment do not embrace narrow gauge roads.
There were, June 30, lbOl, 179 miles additional of narrow-gauge
8,586,435 10,426,542
1.800.00J
7,438,226
8,586,435
6,897,369
8,62P,542
6,408,777
5.638.226
3,85i,034
3,571,769
1,500,000
1,689,066
2,217,765
1,787,192
2,071,769
( Statement for year ended
INCOME ACCOUNT.
Total
:
CONSOLIDATED INCOME ACCOUNT, ALL COMPANIES.
1900 01.
1899 00.
1898
Total gross receipts
Total gross expenses
$62,143,471 $59,124,125
46,621,008
44,857,390
$15,522,463
Total net reoelpts
Tot. gross fixed oharges& tax.. 12,859,376
nterest on bonds
of track
and depots
Sinking funds
Dividends
Rate of dividends
Total
Balance, surplus
99.
$50,004,969
36,643.847
$14,266,735 $13,361,122
12,328,734
12,195,914
Net earn'gs before payment
of Reading Co.'s divid'nds
and general mortgage
Binktngfund
$2,663,087
$1,938,000
$1,165,208
READING COMPANY.
Inceme
Expenses
$4,881,443
61,507
Net earnings
Fixed charges and taxes
$4,819,936
3,278,865
Surplus
$1,541,071
which was paid
General mortgage sinking fund
Out
of
Dividend
Dividend
first pref.
first pref.
$366,371
stook, Sept. 10, 1900, at Us p.
stook, March 8, 1901, at 2 p.
c.
c.
374,735
560,000
1,301,106
16,113,078
311.204
70,991
15,253,960
402,143
v 85,679
16,363,879
16,495,273
15,741,782
7,421,979
827,893
488,600
6,652,558
7,744,545
334,567
8,102,902
386,825
523,755
5,238,371
(6%)
14,251.853
1,489,929
protect the company from unforseen business contingencies
and changes." All branches of the business produced increased revenues.— V. 73, p. 554, 2S7.
1899-00.
$
1898-99.
$
Deduct—
Rent
30, 1901.
15,983,081
260,242
120,555
$
interest...
receipts...
June
Surplus
$239,965
detailed statement of operations shows that the Reading Railway earned for the year §566,620 eurplms over all exIron Company $555,394
penses and charges, and the Coal
surplus. There thus remained after the payment of sinking
funds and dividends an aggregate surplus for the year for the
three companies of $1,361,980 and carrying forward the surplus accumulations since Dec. 1, 1896, that fund now contains
The report remarks that '"although the surplus
§3,871,724.
is increasing, it is not now available for distribution without
weakening the company. It is essential to good management
that this surplus should be held for the time being to fully
1900-01.
Meceipts—
5,821,769
1,80,000 2,250,000
The annual report has not come to hand, but the press accounts permit the following comparisons
roads.
Net earnings
Other income and
Land department
8,737.166
2,481,466
Reading Company.
189900.
0-851
8,902, ?25
4,60-, 314
73, p. 662, 294, 287.
OPERATIONS AND FI8CAL RESULTS.
1900-01.
7,993
9,530,776
12,274.090 14,136,090 11,576,050 11,218,632
3,b87,655 3,709,548 4,137,824 5,3 <6,863
Net Charges
The annual
The
8.026,871
4,247,219
Total net income
& Quincy
{Report for the year ending June
1901
Net earnings
Other iQCome
487,400
5,829,673
(6^%)
(6?4)
14,891,030
1,472,849
14,396,190
2,099,083
The
&
October
THE CHKONICLB.
12, 1901.]
Nashville Chattanooga & St. Louis Railway.
{Report for the year ending June iO, no I )
Below is a comparative statement of results for several
years:
OPERATIONS AND Byl'UMENT.
1899-00.
1898-9.
1897-8.
1,196
935
935
905
193
178
6,588
29
166
166
161
ltl
158
5,210
19
4,542
17
190001.
Mlle8oper*dJuiie30
Equipment' —
Locomotives
Passenger oars
i-
161
5,537
26
i
1,525.396
1,249.550
1,164,801
1.466,279
Pas*, carried 1 mile. 58,813,793 50,300,753 61,707,719 7l,v)*tI,->39
2-48 ©ts.
9*27 ots.
177 ots.
2'56 ots.
Rate per pass perm.
3,532.423
3,22
3,636,649
4,081,735
Freight (tons) oar'd.
Freight touiHl m. 634.440 340 549.898. 167 492.468.^93 428,976,810
0".i8 cts.
0*88 cts.
0'87 cts.
0'88 cts.
Rateper tonper m..
I
•Also owns 2 steamers, 2 transfer barges und 1 wharf boat.
EARNINGS, EXPENSES AND CHARGES.
1899-00.
1898-9.
1,537,302
5,599,649
1,271,371
4,813,006
483,277
402,941
1.425,289
4,275,099
381,378
1900-01.
Earnings-
1897-8.
*
$
Passengers
Freight
Mall, exp., rent*,
Ac
6,081,766
5,646,549
939,450
Maimenauoeof
'504,07-)
900,398
472,4t8
2,531,044
195,847
753.621
438,275
2.V93.503
178,125
3.663.824
1,270,770
6T8.04H
Conducting transpjrtafn.2, 968,570
193,739
General
eqiilpm't.
2,409,153
187,906
5,111,125
Total expenses
(66-98)
Per cent of ex. to earn
2,609,003
Net earnings
22,253
Income from Investm'ts..
4,240,584
2,246,734
26.178
4,099,707
(6740)
1,982,059
30,482
Total income
2,531,256
2,272,912
2,012,541
1,982,725
1,022,350
209,134
1,034,120
227,885
1,024,799
1 8.592
54,514
625,878
62,731
422,268
100.000
32,347
422,268
970,030
132.157
400.000
Total disbursements. .1,911,876
619,380
Balanoe, surplus
1,747,004
525.908
1,758.006
254,535
<b5'37)
(64 -88)
1,982,725
Disbursements—
Interest
Taxes
Dividends
Miscellaneous
Rental
CONDENSED BALANCE SHEET JCNE
Assets—
Road and equlpraant
Securities owned, at cost
Real estate
Materials and supplies
Due from statton agents
Notes receivable
Trattlo balances
Acoounts receivable
Ind ividuals and companies
426,012
1,922,199
60,526
30.
1899.
1901.
1900,
$27,648,957 $27,187,165 $26,H26,624
1,231,405
1,257,405
1,012,398
161.715
151.821
157,065
237,904
378,178
429,695
29,621
313,411
192,224
35,906
28,569
325,812
172,559
37,457
36,856
320,626
496,846
82.462
177,047
452.590
88,521
80,343
620,718
94,176
$30,481,178
$30,213,945
$29,765,671
$10,000,000
16,021,000
$10,000,000 $10,000,000
15,99o,000
15,996,000
171,394
13>09
9/24
Cash on hand
Unadjusted claims
& Memphis div. improv'ts
—
Capital stock
Fundeddebt
Notes payable, inolud. equip-
ment notes
Coupon and other int. accrued,
1,062,016
1,366,925
1,567,839
on notes.
less unaoorued
Dividends unclaimed
Audited vouchers, pay-rolls &
accounts payable...
Trafflo balances
Reserve for doubtful accounts
Proritandloss
371,890
18,710
396,087
18,793
384,173
19,831
703,208
24.229
11,662
2,268,434
693,920
47,894
25,000
479,340
147,299
1,669,325
1,171,688
$30,481,178
$30,213,945
$29,765,671
Int.
Total
-V.
Menu. & Rut bouds...
O. & L. (J. lBt 48
iuii)ment4isB
N.-t. - payable
Coui'M due A unpaid..
fay mil Bept
;
Unpaid i11\ldends
Ac -count* payable
Special lmpt fund...
Prollt and loss
73, p. 336.
Santa Fe Prescott & Phoenix Railway.
{Statement for the year ending June 30, 1901.)
The results for the late fiscal year compare as follows:
1901.
1900.
1899.
Groes earnings
Operating expenses
$956,624
439,975
$9X7.132
437,584
$875,287
455,286
Net earnings
Other Income
$516,649
9,062
$519,548
5,929
$420,001
10,954
Total Income
Fixed c harges.
$525,711
413,258
$555,477
412,354
$430,955
407,084
$112,453
$143,123
$23,871
L,85i ,0 10
CoiiBtiuctlon
Surplus
p.
859.
Rutland Railroad.
{Statement for year ended June 30, V.iOl.)
The statement made to the New York Stock Exchange upon
the listing of the preferred stock contains the following:
STATEMENT OF EARNINGS AND EXPENSES.
Year ending
June
Gross income from transportation
Operating expenses
Netinoome
Deductions from income- Taxes
Rent of Addison RR
Interest
and dividends
Total deductions from lnoome
Surplus
30, 19ol.
3 mos. ending
Sept. 30, 1901.
$1,883,046
1,208,427
$557,969
360,622
$674,619
$67,467
15,000
390,783
$197,447
$19,836
3,750
110,000
$473,250
$201,369
$13?, 587
$63,860
1,5*4,866
2,739,322
143,427
66S.108
.md bouds
B took i
Bupplles
Accounts receivable..
(null uu band and In
1,000,000
4,400,010
banks
536,129
445.O0O
1,552,221
7,249
64.403
3,469
205. 7"4
449,278
1)17,822
$22,661,147
$22,661,147
of stocks and bonds in treasury is made up of the
following (par value):
Kutlami Kit. Co. preferred stock, $2,790,000; Rut'and RR. Co. 5 per
cent bonds. $200; Addison RR. s ook. $135,000; Kutlaud Transit Co.
stook, $1,000,000; Rutloid Transit Co. 5 per cent bonds, $616,000;
Rutland A Noyan stock, $100,0t0; Rutland & Noyan 4 percent bonds,
$1 00,000.- V. 78, p. 287, 185.
Brooklyn Rapid Transit Co.
{Report fur the. year ending June .:0,
1901.)
President J. L. Grreatsinger says in substance;
General Results.—The lack of adequate electric power due
to the destruction by fire of the Ridgewood power station on
Dec. 4, 1900, necessitating the temporary abandonment of
electric operation on some of the elevated lines, and the loss
of equipment by fire in February and April ,have, especially
during the last and most profitable months of the fiscal year,
prevented a larger gain than Is shown in the company's
revenue. Notwithstanding, however, the somewhat crippled
condition of the company in respect to power and equipment,
the gross earnings manifest a constant and gratifying increase, which justifies the confident hope that, with the above
needs fully supplied, there will result gross and net earnings
that will satisfy the most sanguine of the stockholders.
Improvements, Etc.— An extension has been built upon
Union St., from Ninth Ave. to Court St., 161 miles of double
track, but was not operated during the year pending the
settlement of certain legal complications. The equipment of
the elevated lines with third rail for operation by electricity
has been pushed, and of a total mileage, including third
track, yards and sidings, of 68 miles, only 13 miles remains
to be laid.
Contracts have also been let for a new power station for
the operation of elevated lines, and to provide additional
power for surface needs, at Third Ave. and First St. It is
confidently expected that the installation of this power plant,
together with six sub- stations for converting the high tension
alternating current to the direct current, will approximately
double the power-generating capacity at present controlled
by the compaay. In the meantime the company has contracted for all the surplus power obtainable from the various
companies generating electricity in the city of Brooklyn.
During the latter part of the past year, as a measure of
future economy in operation, large sums were judiciously
expended in bettering the condition of roadway and track
and in bringing up the equipment of cars and motors to a
higher standard of efficiency. The equipment will be shortly
increased by 150 combination and 50 open cars for use on
surface lines, and 50 motor cars for the elevated lines, to
gether with the necessary electrical equipment. Further
additions to winter and summer equipment will soon be contracted for in advance of the company's requirements.
Bonds. During the fiscal year the company disposed of
the bonds in the treasury which had been retained for construction purposes on acquired lines. The proceeds and other
cash on hand are sufficient to pay for all outstanding contracts
for additions and improvements, including the conversion of
the elevated steam railroads into electric railroads, and furnishing equipment and power therefor.
Taxes. Tbe total amount charged to taxes during the fiscal
year is $754,626. In addition, the company paid upwards of
$300,OUO for paving and repairing streets, removing snow and
ice, carrying policemen and firemen free, lighting public
streets, etc., all of which payments are in the nature of taxation.
All taxes have been paid as they have become due,
with the exception of those in litigation, consisting chiefly of
the special franchise tax.
do not object to paying our
just proportion of public taxation, but the laws should te
simplified and made more equal in their enforcement.
Personal Damage Claims —The expenses of the year were
Iaigely swelled by the payments in cases arising out of claims
for personal injuries. These aggregated $971. 86s. The legal
and claim department expenses in these damage cases were
$172,095 additional, or a total of $1,143,902, which is nearly
10 per cent of the tot-tl rectipts of the operating company.
Of the payments for damages, only $371v906 were on account
of accidents of the fiscal year, the remainder having been expended in cases arising out of accidents of previous years
running back to 1895. Nearly half the total amount, namely,
$429,553, was paid on account of accidents happening during
the year of the strike of the company's employes.
These figures are sufficiently serious to arrest attention,
not only of your stockholders, but of the public generally.
large part of these excessive payments is unjustly exacted
from the company by conditions which should oe the concern
of every good citizen, and which, if not mitigated, will not
only pollute the fountain of justice, but poison the morals of
the community.
—
—
We
-V.71,
$16,999,295
Equipment
Note.—The Item
374,097
6,487,318
Total groes earnings.. 7,620,128
Total
Beoond mortgage 5s...
Consolidated l^e
BOO
2,40*. 000
Kutliiud-Oitn. 1st 4«...
30. 1901.
A met* —
$208,400
8,557,600
1,096,100
1,352.867
3,919.585
Expenses—
Maintenance of wav
Liabilities
HALANCE BHBBT SKIT.
LiabilitiesCommon stock
/red stock
Klr«t mortgage 6b
I
Freight oars
Other a is
Operations —
Passengers carried.
Pad.
781
A
THE CHRONICLE.
782
A
comparative statement of Brooklyn Rapid Transit and
constituent companies for years endiDg Jane 30, 1901 and
1900, follows:
CONSOLIDATED INCOME ACCOUNT.
1899.
$10,7^)3,984
Receipts—
Passengers
Freight, mail and express
Advertising
Rout tracks and structure
Kent land and buildings
)
J
Miscellaneous
Total
Expenses —
1
1901.
'JOO.
$11,206,716 $11,718,942
58,8»4
61.305
36\791
122,501
108,7*3
109.487
100,226
5 96,490
140.811
67,595
1 70, 7(,3
67,901
224,493
234,960
$11,768,550 $12,135,559
$11,316,033
Maintenance way
Maintenance equipment
Operation of power plant
5
$415,779
882,183
964,665
2,490,224
?.
1,061,252
$374,947
983.216
948,749
$378,800
891,986
913,292
379,028
1.019,686
2,414,062
895,120
1,157,593
458,761
$7,221,291
$4,094,742
$636,635
3,659,988
$7,106,373
$4,662,177
$736,721
3,398,684
$7,216,008
$4,919,551
$754,626
3,587,122
$4,296,623
$4,135,405
$526,772
96,654
$4,341,748
$577,808
623,426
Total surplus
$623,426
Deductions —
Dividends to stockholders other than B. R. T. Co
Additions and betterments on lines of constituent oos.
not ohargeable to construction
Depreciation, loss byllre, etc
Less credits to profit and loss during year
$1,201,229
Time
table cost
)
Operation of cars
Damage and
.,.
$
lexal expenses...
General expenses
Total expenses
Net earnings
Taxes
Fixed charges
Total
Surplus
Previous surplus
3,593,367
738,837
582,175
def. $201,881
$23,689
116,263
134,300
45,574
$228,678
The income account
of the B. R.
$972,551
Co. proper compares as
President R. L Coleman snys in part:
Starting with twentv ei«ht Meyole factories, the manufacture of
bicycles has been gradually concentrated In ten factories to meet the
changing conditions of the business, also to reduce the co-it of rnanuKaoh year theie has been a concentration of celling departrlng,
ments, and now we have arranged three general sales departments, in
New York. Chicago and Han ETnnolsoo, respectively, eaob one of which
will sell all our mahen of Meyoles in Its own territory. The manufacturing and selling of bicycles will be under the direction of one olllcer.
With the adoption of this new policy, the trreatesG eoonomv will be
reached, and a saving of not loss th
*iOO,000 assured. The bicycle
business of 1901 was disappointing from va'ious causes, i,ot least of
which wa* the stormy weather of March, April and May.
m
The automobile department has been gradually developing, and is
a profit paying basis. O ir policy was not to oiler vehicles for
sale until we could produce them as good or better than others. At
now on
our factory in Indianapolis the Waver!? our electric automobile is
manufactured, and the adoption of the Sperry battery for Its motive
power has placed it in the first rank.
At Toledo, Ohio, we
have the largest and finest automobile factory in the world, at
which Is manufactured our steam automobile, the "Toledo."
The Automobile <fe Cycle Parts Co. (V. 72, p 234) is proving a success and is already upon a dividend-paying bants. The National Battery Co owning the Sperry Battery, has more orders and contraots
on its books than it can fill in the next six months. The Amerioan
Wood Rim Co., to which we sold our wood rim plant at Plymouth,
Ind., and in which we are stockholders, is In a flourishing condition,
and paid on the past year's business a dividend of 10 per cent. The
Auto Street Sweepper Co., in which we own a oon'rolllng interest, is
a new enterprise and promises to be a profitable one.
Several of the factories discontinued as bicycle factories have been
utilized for the manufacture of automobiles aod batteries; the balance
has been sold or rented, so at the present time we have bu' one factory that Is stanalng unoocupied and Id e. Our autjmoblles nave met
wiih favor, and the produot of both types Is now about 50 per week,
and gradually increasing. The gasoline type of wagon is perfected
and will soon be ready for the market.
,
In connection with the foregoing should be read the offistatement in the Chronicle- of March 16, 1901, pages 536
cial
INCOME ACCOUNT OF BROOKLYN RAPID TRANSIT CO.
Receipts—
Net
profits
1900.
1901.
owned
Dividends on stocks owned
Interest on bonds
Brooklyn Heights
BR
Interest on deposits
$374,064
364,226
297,219
37,870
$239,549
8,407
176,902
Other income
537.
profit
The
and
account follows:
PROFIT AND LOSS ACCOUNT.
loss
Profltsyear 1900 01
Profits 10 months to Aug.
follows:
275,724
LXXILL
American Bicycle Company.
(Report for year ended July 31, 1901.
and
Total surplus June 30, 1901
[Vol.
1,
$850,682
855.579
1900
Total profits for 22 months ended July 31, 1901
$1,706,262
Deduct—
Year's interest on $10,000,000 bonds
Six months' interest paid March 1, 1900
500.000
250,000
$750,000
$956,262
The balance sheet of July 31, 1901, after deducting $979,026
from " plant investment," for depreciation, and after deducting from the amount of outstanding debentures the $500,000
thereof retired in March, 1901, is as follows:
Total.
Balance, surplus
$1,081,789
$692,176
$411,352
60,000
58,355
$355,662
40,000
50,371
Total expenses
Surplus
Previous surplus
$529,707
$552,031
300,684
$446,033
$246,143
54,541
Total surplus
Additions, betterments,
$952,765
249,420
$300,684
Total
Expenses—
Interest on bonds and loaDS
Taxes on stock
Sundry expenses
,.
BALANCE SHEET JULY
fire loss,
depreo'n, &c.
1901.
Assets—
Plant
Accts. and notes
receivaole
Investments
Merchandise
Unex.
Balance
$603,345
$300,684
Surplus of constituent companies:
Nassau Eleotrio
Coney Island & Gravesend...
Brooklyn Union Elevated
B. Q. O.
&
$216,505
$215,000
1,490
151,210
153.315
S. deficit
45,574
Total surplus
$972,550
CONSOLIDATED BALANCE SHEET JUNE
Assets
Cost road, etc
Additions and betterments not distrib..
Advanoes for construction:
Brooklyn City BR. Co
Nassau Eleotrio Co
Prospect Park & Coney Island RR.
Guarantee fund
Treasury bonds
Brooklyn Rapid Transit stock
,
Current assets:
Due from oos. and Individuals
Prepaid lnsu anoe
Coal and supplies
Prepaid charges
Cash
r
Total
Liabilities—
Capital stock
$623,425
30.
1901.
1900.
$36,565,406
22,841
$85,984,973
5,181,635
1,1(8,276
149,904
4,005,755
109,000
146.2J8
5,018,105
197,137
92,214
440,883
65,3^5
4,719,956
311,904
34,261
516,609
1,476)288
$102,804,560
$103,195,320
$45,000,000
$45,000,000
418,000
284,9*7
699,528
5,700
A
52, 524,040
197,725
448,000
285,647
8 3,773
108,427
4,005,755
5,513,000
146,228
Stock oonstit.cos.notownedby B.R.T.Oo.:
Nassau Electric pref
Brooklyn Lnlon Elevated pref
Brooklyn Uni' n Elevated com
Directors' shares
Funded debt (See 8t. Rt. Sup.)
Real estate mortgages.
Loans
Contingent
liabilities...
Accrued Interest
Acot ued taxes
Accrued rentals
Audited vouchers
Accounts pay able
Sundries
Insurance fund
Profit
and
loss surplus.
"254!6'79
90,811
833,243
777,782
656,006
25,277
7,489
27.5S I
972.550
807,0'28
52,474,040
226,725
1,000,000
180,181
116,578
596,052
6-16,140
641,3)7
110,106
623,426
$
Casn
insur.
Total
$102,804,560
27,567,824
380,706
3,934,153
3,84i,53i
3,948,441
53,787
4,432,987
4,004,7u0
5,815,008
44,538
39,728,506
45,370,115
Accts.
A
I
$
a Com. stock
b Pref. stock
17,701, ^00
Debentures
9,<94.9K)
9,5jO,000
20,000.000
1 ',000,000
10,000,000
2,245.844
30,000
966,202
3,280,620
121,000
1,968.495
39,728,508
45,370,115
and notes
tay
Bonds &
m tgs
Surplus
Total
.
.
.
.
a
After deducing 52,298,500 unlisted and held in treasury.
b $705,100 treasury stock deducted.
-V.
72, p. 937.
Western Union Telegraph Company.
(Report for the year ended June 30 1901 J
President Tuomas T. Ejkert says in suos'ance:
General Results. Of the increase of $1 595.5S1 in the total
revenues for the year, $885,503 came from regular commercial
messages, press despatches and election returns, $363,072
from leased wires, and the balance of $347,006 from sundry
other sources, The total expenses show an increase over
19J0 of $1,075,697. This was caused chiefly by the enlarge-
—
of the plant and the greater volume of the business
handled. The average tolls for the messages transmitted by
the company's employes were 30'9 cents, and the average cost
was 25'1. The number of messages transmitted was 3,439,266
greater than for 1900.
Construction. For construction $1,461,143 was expended.
This outlay covers only new and additional lines and wires,
the cost of all reconstruction being always included in the
general expenses of the company before a balance is struck;
884 miles of poles were added to the company's system during
the year. There was an increase of 39,613 miles of wire.
Ooe-half of this increase was of hard drawn copper wire,
which was put up on long circuits, 338 additional offices
were established. An outlay of $5,000 for patents was made.
Surplus. The surplus account of $9,319,286 represents the
undivided profits of the company. Tnis amount has been
invested from year to year as it has been earned in new lines,
real estate and other valuable assets. Tne earnings of and
income from these investments accrue to the benefit of the
stockholders a3 a part of the revenues of the company.
Earnings, Etc. The results for three years were as follows, compiled for the Chronicle:
RECEIPTS AND DISBURSEMENTS.
ment
—
—
—
$103,195,320
*Not inoluding $3,925,000 bonds of Brooklyn City RR. (leased).
statement of the securities owned by the Rapid Transit
Co. on June 30, 19U0, is given on page 18 of the Street Rail
way Supplement. The only changes of moment daring the
year were the sale of the $2, 000, 000 Kings County 1st 4s. the
$3,lll,0u0 Brooklyn Union Elevated lsts and $345,000 of the
Brooklyn Rapid Transit Co. 5s.—V. 73, p. 722, 553.
1900.
1901.
Liabilities—
t
30.ODO.000
1,072,882
1900-01.
Total
31.
1909.
1899-00.
1898-99.
23,954,312
$
Revenues forthe year
26,354,151
24,758,570
Expenses —J
Operating and gen'l expenses
Rentals ot leased lines
13,991,830
1,569,640
13,2 20,009
Maintenance and reconstruction.. 3,2 70,4 £5
Taxes
520,156
Equipment of offloes and wires
316,852
Total expenses.
Profits
19,668,902
6,685,248
12,954,766
1,567,794
2,753,412
5'29,469
540.746
317,024
268,861
1,566,704
2,959.998
18,593,205
6,165,361
18,085,579
5,868,733
October
19,
THK CHRONICLE
1901.]
190001.
„„$„„
l.BHS.oos
Disbursements—
For dividends (5 per oont)
For Interest on bonds
956, IbO
For sinking funds
5,824,168
Total disbursements
Balance of
861,080
profits...
1899-00.
*
4,867,984
17,849
8U7,0ii-!
last w<-<-k.
5,774.(18.;
5,766,041
in
1
.
Burp. July 1 (beginning of year).. 8,-158,205
8,016, 0-'H
7,9ti
9,319,285
8,158,206
8,000,927
Burp. June 30 (end of year)
73, p. 555.
-ew
OttoT. Baunanl, Charlen W. Gould,
York, ami Fred (*. Relghley. Summit, N. J.,
electtd directors to (ill vhchik,
annual report was
.'•
•J
896,305
9,797
39
'83
Bee V.
719.
7.;,
Choctaw Oklahoma & Gulf int.— Dividend
.—
Tn
—
Extra Distribution. The directors on Oct. 7, besides anr<
innouncing tbc DAUB] payment on the
ihe semi-annual dividend on U;t- commi n stock from
i
In Ool
i*r
declared a dividend of lOrercei.t
in
common stock to holders of common stock of reo< rd Oct. 12.
The dividends are payable Oct. 81. Charles E. Inyersoll,
Acting President in the absence of President Francis I.
Go wan, is quoted as saying:
"Since lie road's reorganization In 1894 its history has been one of
marked Improvement. The oountry, rich In natural rtUOIWl, through
:
t
and
—V.
GENERAL INVESTMENT NEWS.
(the rate established
ali-o
|
i
RAILROADS. INCLUDING STREET ROADS.
Atchison Topeka & Santa Fe Ry.— Common Stock
Dividend Increased.— The directors on Wednesday declared a
dividend of 2 per oent on the common stock, payable Dec. 2.
The first dividend on this stock, 1% per cent, was paid on
June 18 last. The report for the year ended June 30, 1901,
was published in the Chronicle last week (see pages 719 aud
784 to 788. It shows a surplus on the year's operations of
$5,236,505, after deducting the full dividend on the preferred
stock and the first distribution, \% per cent, on the common
If we deduct also the present dividend of 2 per cent
stock.
on the $102,000,000 of common shares, calling for $2,040,000,
there still remains a surplus balance from the year's earnings
of $3,196,505.— V. 73, p. 731, 718, 659.
Atlanta (Ga.) Ry. & Power Co.— Voting Trust— Particulars
as to change of control.— Joel Hurt, of Atlanta, who for
many years was the leading man in this company, has given
to the "Atlanta Constitution" the following particulars regarding the recent change in control and the personel of the
voting trust:
All of the interests held in Atlanta, both in the stock and bonds,
were acquired by T. Jefferson Coolidge and Gordon Abbott, of Boston,
and H. W. Whipple, on behalf of tue New York Security & Trust Co.,
of New York, and C. R. Spence on behalf of the Mercantile Trust &
Deposit Co. of Baltimore. One-third of the bonds was acquired by
the Boston parties, one-third by the New York parties and one third
by the Baltimore parties. The stock goes one-half to Bost( n and onehalf to New York parties.
The stock which controls the oompany is all pooled for three years,
and It Is controlled by a voting committee consisting of C. K. Suenoe,
who has
been, lor over a year, a
member
of the voting committee;
II
W. Whipple, of New York City, who took my plaoe on the voting committee, and T. Jefferson Coolidge, who succeeded Colonel Lowry on
the oonimlttee. Two members of this committee have been Interested
In the properties with us for the past two years. E. Woodruff, who is
now .President, has been requested to retain his position for a time,
which it runs, gives It great opportunities as a paying property dethe
spite the faot that It Is one of the few HoutliweMerii roa<i»
coiuiuiiiilty-of Interest scheme. Coal, lumber, cotton and giaiu are
329
miles
under
commodities
There
are
now
concarried.
among the
struction, one line running fromWeatherford, Okla., the present westAmarillo,
Tex., and another. 117 miles long, from
to
terminus,
ern
Hutchinson. I. T., to Ardmore. Okla. Including these lines the total
mileage of the road is 9^8 miles. Memphis, Tenn., Is the eastern terminus. "-V. 73. p. 722, 137.
nm m
Cincinnati Northern
RR.— Mortgage.— The company
has
New
to the Guaranty Trust Co. of
York, as
trnstee, to secure $3,000,000 of$l,(00 4 per cent bonds, dated
July 1, 1901, due July 1, 1951.— V. 73, p. 615, 137.
made a mortgage
Cleveland & Pittsburg RR.— Listed.— The New York
Stock Exchange has listed $885,000 additional general mortgage B}4 per cent guaranteed gold bonds, Series D, of 19o0,
making the total amount listed to date $1,713,000. These
bonds were issued on account of improvements and additions
to Dec. 31, 1900.—V. 72, p. 773.
Colnmbus Grove City & Southwestern Electric Ry.—
Guaranteed Bonds Offered. Adams & Co., of Boston, are
offering at par and interest $210,000 of this company's $250,000
first mortgage 5 per cent gold bonds, dated July 1, 1901, and
due July 1, 1921, but subject to call after July 1, 1906, at 110
and interest. The principal and semi-annual coupons are
payable at Continental Trust Co., New York City, and are
guaranteed by endorsement on each bond by the Colnmbus
—
& Springfield Railway
sinking
the $250,000 stock.
gross earnings will begin July
can be sold only for extensions
London
A
Co.,
which owns
$ 210,000 of
fund of 5 per cent of annual
Remainder of issue
at not exceeding 75 per cent
1, 1906.
The road runs from Columbus, Ohio, through Grove
Morgans, a distance of about 15 miles. The Columbus London & Springfield is now building from Columbus to
Springfield, and when completed will have 65 miles of track,
until a suitable man can be obtained to take his plaoe.
and will connect with and be managed in harmony with the
I am assured that no consolidation is contemplated at this time, although it may ocour at some future day. The parties owning the stock Dayton Springfield & Urbana line, which connects Dayton
of the oompany do not own a share of stock in the Atlanta Rapid Tran- with Springfield and Urbana.
Among these
sit Co., and have never owned any, as I am Informed.
purchasers, however, are gentlemen largely interested in the Georgia
Connecticut Railway & Lighting Co.— Listed —The New
Eleotrio Light Co., aud doubtless the Atlanta Railway & Power Co. York Stock Exchange has listed the company's
$8,355,000
properties and the Georgia Eleotrio Light Co. proDerties will be managed In the mutual interest of both companies. It is understood that first and refunding mortgage ±% per cent fifty-year gold
none of the otlicers of the Rapid Transit Co. or the Georgia Eleotrio coupon bonds of 1951. The gross earnings for the eight
Light Co. will be plaoed In official positions with the Railway & Power months ended Aug. 31, 1901, are reported as §1,033,114; net,
Co., so it will appear that the impression which has gone out to the
effect that the Transit Co. has secured control Is an error.— V. 73, p. 662.
Baltimore & Ohio
RR.— Director.— Edward
R. Bacon has
succeeded as director William Salomon, resigned.
Purchase— See .Pittsburg & Western Ry. below.
— V. 73, p.
662, 553.
Blue Ridge Ry.— In Possession.— This company haviDg
purchased the property of the Blue Ridge RR. Co. assumed
,
possession Oct. 1. Officers:
H. C. Beattie. President, Greenville, 8. 0.; H. W. Miller, Secretary,
Raleigh, N. C H. O. Ansley, Treasurer, Washington, D. C; A.H. Plant,
Auditor, Washington, D.
V. 73, p. 137.
;
C—
Boston & Maine RR.
Approved.
— The
shareholders on
Oct. 9 unanimously ratified the lease of the Fitchburg RR.
and authorized the issuance of $1,000,000 debenture bonds for
improvements on certain of the leased lines. Regarding this
issue, President Tattle in his recent annual report said:
By the terms of several of the earlier leases of sundry railroads,
made or assigned to this company, expenditures for permanent improvements upon the leased properties are authorized, but payment
therefor by the lessor to the lessee is, in eaoh case, deferred until the
expiration or earlier termination of the lease.
Provisions for such improvements is, therefore, incumbent
Maine. V. 73, p. 721, 553.
in the meantime on the Boston
&
—
RR.— Status of Bonds.—
been favored with this authoritative statement:
Since the interest was deferred, in November, 1899. no interest has
been paid on the bonds. About the first of this year the stockholders,
all of whom are also bondholders, gave an option on the property to
a syndicate for two years. Pending this the company is not being
pressed for the interest on tne bonds, and in the event of the option
being exercised, a majority of the bondholders have agreed to accept
Brooklyn & Rockaway Beach
We have
new bonds
for their present holdings. It Is believed the pr< hpects are
favorable lor the bondholders, and that at the expiration of the option,
or sooner, the affairs of the road will be put in good shape. There Is
thought to be a large equity in the property over and above the
funded debt.
Chicago Great Western Ry.— Second Instalment Paid— On
Oct. 1 was paid the second instalment, namely, 10 per cent,
of the $8,000,000 syndicate subscriptions for account of the
Omaha and Sioux City extensions. The first call was for 5
per cent.— V. 73,
p. 722, 615.
Chicago Terminal Transfer
Layman and Joseph Cooper
RR.— New
of Chicago,
Directors— E.
Henry W. De
S.
Forest,
of cost.
City to
$369,103; interest charges, $284,323; balance, surplus, $84,785.
-V.
73, p. 82.
Bawson Ry.
—
Mortgage. The company has filed a mortgage for $3,0u0,000 to the Colonial Trust Co. of New York,
j*s trustee, covering the projected line extending from a point
near Liberty and Dawson, N. M., southerly. C. D. Simpson
is
Vice-President and Benj. 3.
Harmon,
Secretary.
Dojlestown & Easton Street Ry.— Mortgage.— This company has made a mortgage to the Girard Trust Company of
Philadelphia, as trustee, to secure $825,000 bonds.
Elgin Aurora
—C.
& Southern
Traction Co.— Bonds Offered.
D. Knapp Jr. & Co. of Chicago and the Lamprecht
Bros. Co. of Cleveland are offering $1,700,000 of this' company's $2,000,000 15-year 5 per cent $1,000 gold bonds, dated
June 1, 1901, due June 1, 1916, denomination $1,000; principal
and interest payable at American Trust & Savings Bank,
Chicago (the mortgage trustee); the interest is also payable
at the First National Bank, New York City. The remainder
($300,000) of the authorized issue is held by the trustee
against underlying bonds, viz., $200,000 Elgin City Ry. 5s,
due in 1907, and $100,000 Carpentersville Elgin
Aurora Ry.
5s, dme in 1907.
Subject only to these divisional bonds, the
new issue is a first lien upon the street railways in the cities
of Elgin and Aurora, 111., and the interurban railway extending from Carpentersville, through Dundee, Elgin. St.
Charles, Geneva, Batavia and Aurora, to York ville. A sinking fund of $17,000 annually for 5 years and $85,000 annually
thereafter provides for the payment of these bonds at maturity. The capital stock is $2,000,000.
A statement for the twelve months ending Aug. 31,1901.
shows gross receipts, $349,070; operating expenses, $305,789;
net receipts, $143,333. The bonds are offered in Chicago at
101 and accrued interest.— V. 73, p. 726.
Gainesville & Gulf Ry.— Ni w President.— J. il. Graham,
President of the First National Bank of Gainesville, Fla., has
been elected President.— V. 73, p. 616.
Great Northern Ry. New Controlling Compa ny. —Great
Northern stock was unusually active on Thursday and sold
up to over 196, being an advance of some 12 per cent since the
first of the week.
The story was given out that a new controlling company was about to be formed to hold the stocks
of the Great Northern and Northern Pacific, and also to exer-
&
THE GHK0N1CLK.
784
oise control of the Chicago Burlington & Quincy. It was said
that J. P. Morgan
Co. were receiving deposits of the Great
exchange for
Northern stock, which wonld be taken over
the stock of the new company on the basis of 200, and that
Northern Pacific common would hi ex< hanged on the batis
of 125, the Northern Pacific preferred stock to be retired.
Messrs. J. P. Morgan
Co. deny the correctness of the report and say they are put out for stock-jobbing purposes.
Other interests give credit to a portion of the report, but do
not encourage the belief that any comprehensive plan has
been settled upon.— V. 73, p. 662, 294, 287.
Houston (Tex.) Electric Street Ry.— Sold. —At the fore
closure sale on Oct. 1 the street railway and its franchises
and ceTtain real estate were bought in for the reorganization
committee (0*>en D. Young and Eliot Wadsworth of Boston),
for $80 .000. The first bids were $500,000 for the street railway properly and §5 for the real estate. N. S. Meldrum
raised these prices to $710,' 00 and $70,000, respectively, but
the reorganization committee was, as stated, the purchaser,
its final bids being $725,000 and $75,0U0, respectively.— V. 73,
&
m
&
that the
[Vol. LXXIII.
company
tickets 6 for 25 cents, and be5:30 a m. and 7 a. m. and 5:30 P. m and
7 r. m. 8 tickets for 25 cents.
The, company is to pay 9 per
ient of Its grosH receipts as a nark tax. and for the franchise
agrees to pay $00,000, at the rate of $2,400 annnallv. The
authorized capital stock is said to be $-i00,000. Hambleton
eliall sell
tween the hours of
&
Co. says
:
If there is one thing which the people of Baltimore do not need or
desire, It Is the occupancy of any more streets.by street railway tracks.
streets of ISaltluiore are already grldlroned with tracks. We cannot believe that the Mayor and City Council will sanction such an enterprise,
The
The President
is
Robert
S.
Carswell.
Among
others in-
terested in the project are
A. N. Bastable and Henry F.
New of Baltimore, and John Blair McAfee of Philadelphia.
Mr. New is a member of a wholesale grocery firm; Mr.
Bistable is President of the Union Stock Yard Co.; Mr.
Carswell is a dealer in oils; Mr. McAfee is an electric con:
tractor.— V.
67, p. 74.
Mexican International RR.—Acquisition of Securities.—
See Mexican National RR. below.— V. 73, p. 553.
p. 494.
Mexican National RR.— Re-adjustment Plan.—Speyer &
International & Great Northern RR.— Listed— The New
York Stock Exchange has listed $657,000 additional first Co. and Kuhn, Loeb & Co., both of this city, and Speyer
mortgage 6s of 1919 and $1,118,000 additional second mort- Brothers of London, representing large amounts of the comgage 5s of 1909, making the total amounts listed to date pany's securities, have decided that the future prosperity of
the road depends upon standard gauging the main line from
$8,611,000 and $7,711,000, respectively.
Earnings.— A. statement for the six months ended June 30, the city of Mexico to Laredo, Tex. O herwise, they say, the
1901, shows: Gross earnings. $2,363,408; operating expenses, railroad will probably lose most of its through traffic and
$1,867,954; net earnings, $495,454; other income, $5,238; total become almcst entirely dependent upon its local business.
net, $500,742; interest charges, taxes and payment of $48,641 An expert estimates that the cost of making the main line
equipment notes, $529,934; deficit, $29,192.—V. 73, p. 445, 391. standard gauge, and other necessary improvements, includLake Erie Alliance & Wheeling RR.— Third Instalment.— ing the building of the El Salto extension, will amount to
The third instalment, viz., 5 per cent, on stock subscriptions about $10,200,100, United States currency; that within two
was payable at the Cleveland Trust Co. Oct. 1.— V. 73, p. 184. years after these improvements are completed the net earnings of the road will amount to about $4,600,000 Mexican curLake Shore Electric Rj.— Consolidation. This company, rency, equal, at the present rate of exchange, to about $2,100,organized recently by the Everett-Moore syndicate, has ab- 000 United States currency, and
that thereafter the net earnsorbed by consolidation the Lorain & Cleveland Ry. Co., the ings will gradually increase from
year to year. To provide
Sandusky & Interurban Ry. Co., the Sandusky Norwalk & the means for present and future requirements, the firms
Southern Ry. Co. and the Toledo Fremont & Norwalk RR. named have formulated a plan of readjustment, dated
Oct. 8,
Co. The new company's authorized capital stock is $6,000,- 1901, and have agreed to act
as readjustment managers. A
000, of which $4,500,000 is common and $1,500,000 5 per cent syndicate has been formed
to provide all the cash require" guaranteed" preferred; par value of shares $100. With the
ments under the plan. The directors of the Mexican
operation a few weeks hence of track now approaching National Railway Co., Limited, of London,
which holds on
completion, the company's line will extend from Toledo deposit a very large majority of the Mexican National
RR.
southeasterly to Norwalk, O., thence northerly to Sandusky, Cu.
6 per cent second mortgage series "A" and series "B"
thence easterly to Cleveland and southerly from Rocky River bonds, have unanimously recommended the
acceptance of the
(near Cleveland) to Lorain, a total in urban and interurban plan by their certificate holders.
lines of about 160 miles.
The plan of readjustment provides for the creation of the
Mortgage. —The company is about to make a mortgage to following new securities
secure $6 000,000 of 30-year 5 per cent bonds, of which only
Prior lien 4^ per cent gold bonds due in 1926, but subit is stated, will be issued on the present m
—
:
$4,000,000,
ject to call in whole or in part at
any time at 105 and
age (160 miles) the remainder being intended for future exinterest on 6 months' notice. These bonds will bear
interest from Oct. 1, 1901, and are to be secured by
tensions and additions. The new bonds, it is said, will be a
a mortgage upon all the railroad, terminals and equipfirst lien on the entire 160 miles, except for the underlying
ment of the Mexican National RR. Co. now owned or
issue of $750,000 on Lorain & Cleveland, as it is intended out
provided for by this readjustment, and also upon the
securities of the Texas Mexican Railway Co. Inof the proceeds of the sale of the $4,000,000 bonds to retire
cluding the proposed £1 Salto extension, the mileage
all the underlying bonds, except the issue on Lorain & Clevewould oonslst of about 953 miles of standard gauge
land, which will be covered by depositing in escrow a like
track and about 452 miles of narrow-gauge tracK.
Total Issue in no oase [except as below seated reamount of said $4,000,000 bonds. It is expected the Lorain &
garding the refunding of Mexican International RR.
Cleveland bonds will shortly be reduced to about $500,000 by
bonds]
exceed
$23,000,000
exchange for the consols or otherwise. The gross earnings of Of which shall
in partial exch'ngetor existing bonds? Present
10,779,000
the combined companies on, say, 125 miles of track for the Purch. by syndicate to provide cash require'ts> issue, i 9,221,000
three months ended August 31, 1901, were $117,558. Gross Reserved lor general purposes under proper restrictions, but not to be sold before Jan. l, 1904, except
earnings of $601,480 per annum and net of $330,740 are exto meet any unexpected inorease in expenses of
pected, and may, it is thought, be largely exceeded interest
changing the gauge and building the proposed El
Salto extension
3,000,000
charge, $200,000. The Western Reserve Trust Co. of CleveFirst consolidated mortgage 4 per cent gold bonds, due
land will be the mortgage trustee.
1951. These bonds wui bear Interest from Oot. 1,
Terms of Exchange. The terms of exchange are stated by
1901, and are to be secured by a mortgage or deed of
follows
the press dispatches as
trust upon all the properties covered by the prior
lien moitgage above mentioned, subject to the lien of
To holders of the stock of the Lorain & Cleveland Ry. Co., prethat mortgage, and by a first mortgage lien on all
ferred stock $1,000,000 and common stock In the same amount Is
property thereafter acquired or constructed other
issued. To the stockholders of the Sandusky & Interurban Electric
S
;
—
:
Ry.
Co., preferred stock
$350,000 and
common
stock $1,000,000
is
issued. To the stockholders of the Sanduskv Norwalk & Southern
Ry. Co., $70,000 in preferred stock and *200,000 in common stock is
issued; of the stock thus issued, $80,000 in preferred stock and $300000 in common stock will he held to oarry out existing contraots for
the purchase of other property. To the stockholders of the Toledo
Fremont & Norwalk RR. Co., $2,000,000 of common stock is issued.
Barney Mahler, of Cleveland, is President W. H. Price,
of Norwalk, Ohio, Vice-Pres.; F. W. Coen, Secretary, and C.
H. Stewart, of Cleveland, Treasurer.— V. 73, p. 287.
;
Little Rock Traction & Electric Co. New Franchise.—
The City Council on Sept. 28 passed an ordinance granting
the company a new fifty-year street railway franchise. The
ordinance provides:
For the equipment of the system with new cars, the construction of
9 mixes of extensions within two years, including a line to the National
cemetery and the State insane asylum. The Dayment to the city of 1
per cent of the gross receipts the first ten years. 2 per oent the second
ten years, 3 per cent the third ten years, 4 per cent the fourth ten
years and 5 per oent during the fifth ten years.— V. 71, p. 342.
than that acquired or constructed pursuant to this
plan. Total issue In no oase [except as below stated
in oase of the refunding of Mexioan International
RR. bonds] to exceed
In partial exchange of existing securities
} Pre se nt
Purch. by syndicate to pro vide oash require'ts. s issue.
Reserved to retire new prior lien bonds at or beiore
maturity
&
Harford County, Md., with a branch to Sparrows Point.
The proposed city lines
would connect the suburban lines. The ordinance provides
(See V. 66, p. 1000; V. 67, p. 74.)
}
1 1,404,687
>
3,595,313
23,000,000
Issuable, If deemed best, with $7,000,000 preferred
stock to acquire securities of Mexioan International
RR. (inoludmg at least a majority of Its capital stock)
Reserved for betterments and improvements of the
properties covered by the first consolidated mortgage,
or for the acquisition of equipment for use thereon, at
not exceeding $500,000 a year
Reserved for acquisitions of new property and for
extensions at not exceeding $10,000 per mile of
stanard gauge line, or $7,500 p. mile of narrow gauge
line, on which the oonsol. mort. will be a first lien....
Preferred slock, entitled to receive non-cumulative
dividends at a rate not to exceed 4 per cent per annum before tha payment of any dividend on the common stock, but not to be entitled to any dividends in
excess of 4 per cent per annum
Of which in partial exohange for existing securities..
Purchased by syndicate to provide cash requirements
Maryland Electric Ry. of Baltimore. Application for
Franchise.—This company, said to have been incorporated
by the Maryland Legislature in 1898, has applied to the city
of plan
of Baltimore for a 25-year franchise covering 10J^ miles of In compensation
double-track trolley road, or 21 miles of single track. The
company, it is stated, owns the Catonsville Short Line RR.
and holds franchises for a road to Halethorp, near the Relay, on the Baltimore
Ohio RR., and for a road to Belair,
60,000,000
7,000,000
6,000,000
9,000,000
32,000,000
20,663,625
1,000,000
for surrender of all rights of the
Mexioan .National Construction Co. under their agreements with the Mexioan National RR. Co. heretofore
acquired by Speyer <fe Co. and associates, purchased
by syndicate
deemed
best, for acquisition of
International securities
Issuable,
if
1,400,000
Mexioan
For contingencies (any surplus to new oompany)
Common stock, to be applied in exohange for existing
capital stock, dollar for dollar
7,000,000
1,936,375
33,350,000
October
THE CHRONICLE.
12, 1901.]
Mexican International RR. —The right will be reserved, as
above indicated, to issue not to exceed 17,001) OoO of the new
First Consols., and not to exceed $7,000,000 of the new
ferred stock, in order to acquire securities of the Mexioan
International RR. Go. (which shall include at least a majority
of the capital stock of tbat company) in case the Readjust
ment Managers of the new company shall oonsider BUch
.
acquisition advisable. Provision is also to be made la the
mortgages securing the new Prior Lien Bonds and the new
First Consols, that, in case the Readjustment Managers or the
New Company, after such acquisition of the controlling interest in the Mexican International RR. Co., deem it advantageous to unify the bonded debts of the Mexican International RR. Co. and of the New (Mexican National RR.) Company,
the latter may issue such additional amounts ot either or both
classes of its bonds as may be necessary for the purpose of
taking up, bond for bond, the corresponding classes of the
then existing mortgage bonds of the Mexican International
RR. Co.
[The International Company has outstanding
first consols.— Ed.
$5,850,000 Prior Lien 4}£s and $6,783,01
Voting Trust. — la order to establish such control of tne
new company as shall secure a satisfactory management of
the property for a period of years, both classes of sto^k of the
new company (except shares to qualify director?) shall be
vested in three Voting Trustees, to be appointed on or before
completion of readjustment by the Readjustment Managers
for five years and for such further period (if any) as shall
elapse before the preferred stock shall have paid 4 per cent
cash dividends per annum for two successive years, although
the Voting Trustees in their discretion may ddliver the stock
at an earlier date, as provided in toe Trust Agreement. In
the meanwhile the Voting Trust certificates in the usual form
will be issued
Terms of Exchange.— The basis of exchange of existing
securities is shown in the following table:
r-Each $1,000 will receive new securities
Existing bonds and stock
J'riorlien oonsol.mort. fret. Common
Mexican National By,—Be
tional
BR.— V.
'!
idjutttn
Na-
71, p. hi.
Mineral Range RR.
irPurohaee— Bond* Aeeuntt
are officially informed that on June 1, 1 -Mil, the
iuany took possession of all the. pro;
the Hancock
and as.- nine aU of its IihI.iI
'.ilumet
ng
.,(00 of 5 per cent liondH. Tne oapltal Btook Of ii— Mineral
Range RR. was then increased t
from $iy3,400 to
100, and the #254.000 of 5 per cent consols, which
been held in the treasury, were reduced to 4 per cent and
There were also issued $ 1,000,000 Mineral Range gensold.
The guaranty of the Canadian
eral 4 per cent bonds.
Pacific Ry. Co. on these bonds is as follows:
For value received the Canadian 1'aolllc Rillway Co. here by guarantees punctual pa) ment of the interest on tbe within bond at iterate
of 4 per oent per annum, payable one-half yearly at fie times and
tntt/.—
We
I
RR
t
t
I
I
,
in the
manner herein
The gauge
stated.
of the
Hnncock
& Calumet RR.
is
being changed
8}£ in., and will be completed during
October or November of this year.— V. 7:i, p. 61o, 32.
from
3 ft. to 4
ft.
|
.
lobe deposittd —
bonds.
Cash.
bonds.
stock.
$937 50
$625
stock.
1st M. prior llenCs. due
1927 ($10,779,000). *$20 00
2d mortgage "A" bonds
(812,165,000)
t2188
$1,000
2d mortgage "B" bonds
900
300
($12,16^,000)
Ino'me bde. ($7,040,000)
Caplt'lstk.($33,35O,000)
'Payable on the plan being deolared operative; provided the
bonds are deposited within thirty days from Oct. 12, $15 additional
will be paid.
Payab.e on completion of the readjustment.
In connection with the accomplishment of the plan, the
right to call in and redeem the 6 per cent first moitgage
prior lien bonds at par and accrued interest may be exercised.
Position of Mew Company. The plan, presents the following [in United States currency] :
Net earnings for the calendar year 1900, according to the
—
$1,208,634
Extraordinary expenditures charged to operating expenses
or against ourret.t income, but properly chargeable to
oapltal account, (according to statement confirmed by
Messrs. Price, Waterhouse
<&
Total actual net earrings in year 1900
$1,572,566
Estimated net earnings after the main line has been made
standard gauge, the proposed El Sal to extension built ,'and
other iin prove ments accomplished, about
$2,100,000
Annual fixed charges aftt-r readjustment (estimated)
Int. on $20,C 00,000 prior Hen 4^ p o. gold bonds.$900,000
Interest on $15,000,000 first consolidated mortgage 4 per oent gold bonds
600,000
:
$1,500,000
"It thus appears that the fixed charges of the new company
will on completion of the readjustment be well within the
net earnings of the property."
Deposits. Bonds and stock may be deposited under the
plan on and after O^t. 14, 1931, either with Messrs Speyer
Co., 30 Broad St., New York, or at the offices of their agents,
Speyer Brothers, 7 Lothbury, London, and Teixeira De Mattos Brothers, Amsterdam, in exchange for readjustment certificates of deposit.
Deposited securities will be placed with
the Central Trust Co. of New York, or its agents in Europe,
as custodian. Application will be made in due course to list
the certificates of deposit upon the New York, London and
—
&
Amsterdam Stock Exchanges.
—
Shortest Line to City of Mexico. A comparison of the distance from St. Louis and Chicago by the various routes reveals the fact that the Mexican National RR. controls much
the shortest line to the City of Mexico. The same interests
that dominate the Mexican National have secured control of the Mexican International, and it can be readily seen
that when the gauge of the National is made standard,
thereby making it poseible to interchange cars without trans
fer of passengers and freight to and from all its connections,
the Mexican National will be in a remarkably strong position
with reference to the whole railroad situation in Mexico. A
statement has been issued showing the comparative distances
t
as follows
RB.— Plans Approved.
New York & Stamford
(Electric)
&
By.— Bonds Offered.—
Co are offering at 111^ and interest $350 000 of
E. H. Cay
this company's first mortgage 5 per cent 30 year gold bonds
of $1,000 each, dated Oct. 1, 1901, due Oct. 1, 1931; coupons
&
Trust
payable April and Oct. 1 at New York Security
Co.. 1ru9tee. An additional $100,000 first mortgage bonds are
held by the trustee, to be issued only for actual certified cost
cirof additions to the property. Capital stock $450,000.
cular says in part:
The railway consists of about 15 miles of track of the most modern
construction, extending from the city of Port Chester. N. Y., through
Rye, Harrison, Mamaroneck and Larcumont to New Roohelle, where It
connects with the Third Avenue surface line of New York City. At
Rye the road connects with a line to Rye Beach, where a very profitable business Is carried on during the summer months. The Greenwich Tramway Co., now in process of construction from Greenwich to
Stamford. Conn., will, when finished, oonneot with the New York &
Stamford Ry., forming part of a through eleotrio railway line from
New York to Boston.
A
charge.— See also V.
as about double the interest
73, p. 287.
Northern Ohio Traction Co.— Listed in Philadelphia—The
Philadelphia Stock Exchange" has listed the $2,7o0,0C0 first
consolidated 5 per cent gold bonds of 1899. V. 72, p. 391.
—
Omaha Street By. Expiration of Option. The option of
an Eastern syndicate on this property, the Omaha & Council
Bluffs Ry. and the New Omaha Thomson-Houston Electric
Light Co., it is understood, expired Oct. 1, and may or may
not be renewed.— V. 72. p. 1238.
People's Bailway Co. of Wilmington, Del.— Consolidation.
—This company, with $1, 500, 000 of capital stock, has absorbed
363,932
Co)
Central & Hudson River
The net earnings are reported
$1,C00
aniiual report.
New York
— The City Health Bjard has approved plans presented by the
company for the improvement of tbe Park Avenue tunnel.
Earnings. — See article on page 75. — V. 73, p. 719, 61G.
:
ST. LOUIS TO CITY OF MEXICO.
Milli.
Mexican National route— \ia Texarkana and Laredo
1,923
Mexioan Central route— via Texarkana and El Paso
2,581
CHICAGO TO CITY OF MEXICO.
Mexioan National romte— via St. Louis. Texarkana and Laredo. ..2.207
Mexioan Central route -via St. LjuIs, Texarkana and El Pa8o..2,8<jl
ST. LOUIS TO CITY OF MEXICO.
Mexioan National— via Laredo
1,923
Mexican Central via Texarkana and El Paso
2,581
When the new line of the Mexican National from Celaya
to El Salto is constructed, the distances as given above, it is
stated, will be further reduced forty miles.— V. 7;i, p. 553.
under the laws of Delaware the Brandy wine Springs Ry. Co.,
the Elsmere & Wilmington Ry. Co., the Park Ry. Co.
and the Citizens' Electric Ry. Co.— See V. 73, p. 663.
& Lehigh Yalley Traction Co.— New Stock.
"Philadelphia Record" says: "The issue of $500,000
stock for contemplated extensions and improvements has
been subscribed for in Allentown. The shares, of a par
value of $50, were offered at $37 50." Formal possession has
been taken of the Quakertown Traction Ry., a majority of
who=e capital stock was acquired some weeks ago. (S;e V.
Seventy- five cars have been purchased, and
73, p. 616.)
through service between Philadelphia and Allentown, it is
expected, will be established early in 1902. V. 73, p. 663.
Piedmont & Cumberland By.—See West Virginia Central
& Pittsburg.— V. 69, p. 492.
Pittsburg Cincinnati Chicago & St. Louis By.— ''ailed
Bonds. — The Farmers' Loan & Trust Co. will pay on presentation, at 110 and interest, $225,000 of the first mortgage bonds
issued in 1866 by the Jeffersonville Madison & Indianapolis
RR., which have been drawn bv lot for redemption. Interest
will cease Oct. 31.— V. 73. p. 663.
Philadelphia
—The
—
Pittsburg & Western By.— Sold.— At the foreclosure sale
on Oct. 9 this property was bid in for the Baltimore & Ohio
RR. Co. at $3,000,000, subject to the mortgage of lfc87 for
$9,700,000 (mostly held by the B.
O ) and underlying liens.
Tne sale was confirmed yesterday. V. 73, p. 445, 'Si.
&
—
Bochester ( N. I.) By.— Listed in Philadelphia— The Philadelphia Stock Exchange has listed $2,500 000 common and
$2 500,000 preferred stock, par value $100, full paid. The
old capital stock has been stricken from the list.— V. 12,
p. 937.
Butland BK.— Preferred Stock Listei.— The New York
Stock Exchange has listed $5,767,000 of tuis company's $8,557,600 preferred 7 per cent cumulative stock, the remainder
being in the treasury. There is also outstanding $20s,400 of
common stock. On July 30, 1901, the Bennington & Riuland
oO first
Ry. Co. was absorbed by consolidation and it
mortgage bonds and §500,000 second mortgage bonds assumed,
and on Sept. 27, 1901, the Ogdensburg & Like Cnamplain
Ry. Co. was consolidated and its $4,400,000 first mortgage
bonds assumed. See annual statement on page 781 —V. 73,
p. 287, 185.
Seattle City Railway.— Re-incorporated.—Th'a company
has been incorporated under the laws of Washington, with
THE CHRONICLE.
786
[Vol.
|500.000 authorized capital stock in $100 shares, as snccessor
of the old Seattle City Railway, recently purchased at foreclosure, supposedly for the Seattle Electric Co. The incorporators are James S. Goldsmith, Scott Calhoun and E. C.
Baird.— V. 73, p. 004, 495.
difference in price between cane
to 20 points.— V. 73, p. 617, !
Trans- Alaskan Railway.— Incorporated.— This company
was recently incorporated under the laws of the State of
year, was:
Washington, with an authorized capital stock of $50,000,000,
to build a railroad in Alaska and to connect it with the
Trans-Siberian RR. at some point opposite Cape Prince of
Wales by a ferry line across the Behring Strait. J. J Frey,
Santa
formerly General Manager of the Atchison Topeka
Cripple Creek, is
Fe. and now President of the Florence
President of the new company. The other officers are:
Vice President and Treasurer, A. L. New; General Manager, F. 8.
Grander; Chief Engineer, Wiirrlner E. Smith; Direotors, J. J. Frey, A.
L. New, Warrlner E. Smith and Stephen L. Shelden. The oflttoe 1b
.
&
&
In Seattle.
Union Pacific Ry.—Directors.— At the annual meeting on
Oct. 8 Charles A. Peabody and Henry H. Rogers of New
York were elected to the board, succeeding the temporary
directors, A. W. Krech and F. P. Voorhees. The board is:
Oliver Ames, Horace G. Burt, T. Jefferson Coolldge Jr.. Thomas T.
Eokert, Louis Fitzgerald. George J. Gould, Edward H. Harrlman,
Marvin Hughltt. James H. Hyde, Otto H. Kahn, Charles A. Peabody,
Wlnslow 8. Pierce, Henry H. Rogers, Jacob H. Sohiffand James Stillman.- V. 73, p. 723. 446.
United Railways & Electric Co. of Baltimore.— See
Maryland Electric Ry. Co. above.— V. 73, p. 392.
United States Traction Co.— Status.— This company was
recently incorporated in Delaware, with a nominal capital
stock. When announcing the fact, a newspaper published
in Wilmington,
where one of the incorporators resides, attached the words "of Louisville" to the name
it appeared in the articles of
incorporation.
It is
questioned
in
Louisville
whether
as
a matter of
tact the company is intended to operate in that city.
have spent considerable time in the endeavor to
settle this point, but Wm. de Hertbern Washington of this
city, apparently the moving spirit in the enterprise, declines
to affirm or deny anything whatever regarding the company,
its name or its plans, lest in so doing he prejudice the in
terests of the undertaking. Two months hence, he says,
there may be facts ready for publication, but for the present
the item as already published in these columns "is correct
as
We
and beet granulated from
10
American (Bell) Telephone & Telegraph Co. — Output.—
The output of instruments for the month ended Sept. 20 in
1900 and 1901, and for the nine months ended Sept. 20 in each
Month.
i
To Sepl 20.—
Gross output
1901.
75,578
Netoutput
42,096
Totalnumber
—V.
of InstrumentH
73, p. 724, 555.
now
9 montht.
1899 00.
83,171
501,354
3-1,882
280,451
.
I
out
2,334,698
Ray State Gas Co.— See New England Gas
V.
.
,
190001.
1900.
44,190
13,248
&
l,8eO,956
Coke Co.—
73, p. 724., 634.
Bethlehem Steel Co.— Deposits Until Nov. 1.— The time for
deposit of stock with the Girard Trust Co. of Philadelphia
under the Schwab offer of $24 a share has been extended till
Nov. 1, Only a small amount of stock remains outstanding.
—V.
73, p. 724, 446.
Central Union Telephone Co.— Reduction of Stock.—The
stockholders on Oct. 10 approved the proposition te reduce
the capital stock one-half, viz., to $3,481,500.—V. 73, p. 619,
339.
Clarksbnrg Fuel Co.— Consolidation.—This new West Virginia corporation, with $3,000,000 authorized capital stock,
has taken title to the following properties, whose aggregate
annual capacity is stated as about 1,000,000 tons, viz.:
Kinniokinnick Coal Co., Colonial Coal & Coke Co., Interstate Coal
Co., Pureeglove Brothers & Co.. Park Coal Co.. O'Neil Coal & Coke
Co., Clarksburg Coal & Coke Co., Two Lick Coal Co. and Dixie Coal Co.
The new company has made a mortgage to secure $2,500,000 of 6 per cent $1,000 gold bonds due Oct. 1, 1931, but subject to call at 105 and interest on any interest day. For the
bonds is provided a sinking fund to which will be paid 2
cents for each ton of coal mined after Oct. 1, 1903. The
stock is all of one class.
The officers and directors are as below
President, James T. Gardiner; Vioe- President and Treasurer, T. M
Jackson; Doctors, W. H. Baldwin Jr., Walter G. Oakman, Charles B
Flint, Chares T. Barney, James T. Gardiner, George W. Young,
August Belmont. T. M. Jaokson and C. W. Watson.
:
—
Consolidated Lake Superior Co.— Suit Discontinued.
Allen S. Miller has discontinued his suit in equity to prevent
the consolidation of the Consolidated Lake Superior Co. and
the Ontario Superior Co. The stockholders^ of the Ontario
Lake Superior Co. will therefore receive the new certificates
to which they are entitled per plan in V. 72, p. 938.— V. 73, p.
enough as it stands."— V. 73, p.. 554.
TV abash RR. Authorized. — At the annual meeting on Oct.
8 the propositions were duly approved to purchase the Boone 289, 238.
County & Boonville RR., Centralia to Columbia, Mo., 20
Continental Paper Bag Co. Increase of Capacity.—The
miles, and the Omaha & St. Louis RR., Pattonsburg, Mo., to
report that this company (controlled by the International
Council Bluffs, la., a distance of 145 miles; also. to issue or Paper Co.) has begun improvements which will increase its
guarantee two issues of bonds aggregating $3,800,000 for the capacity from 5,000,000 bags to 10,000,000 bags daily, is
purchase and improvement of these properties. See partic- officially confirmed.— V. 69,
p. 908.
ulars in V. 73, p. 338; V. 73, p. 567, 550, 466.
Detroit Mackinac & Marquette RR.— Interest.— The usual
Washington Traction & Electric Co.— Deposits.— This one per cent will be paid to the registered holders of the
is the final day (Oct. 12) for the deposit with the United
outstanding land grant bonds on Oct. 15, 1901, at the office
States Mortgage & Trust Co. of the first collateral trust of the Central Trust Co., in payment of interest for six
mortgage bonds and capital stock of the Washington Trac- months ending Sept. 30, 1901.— V. 72, p. 677.
tion & Electric Co. under the proposed plan of reorganizaEastern Milling & Export Co.— Listed in Philadelphia.
tion.
A very large proportion of these securities have al- The
Philadelphia Stock Exchange has listed $577,000 of the
ready been deposited. See plan in V. 73.
first mortgage 5 per cent gold bonds.
V. 73, p. 84.
West Tirginia Central & Pittsburg Ry. New Stock.—
Portland
Steamship Co.
See
Eastern
Steamboat
Co.
The shareholders at the last annual meeting authorized the
Prospectus.—
This company is
Corporation.
Eastern
Steel
issue of $1,000,000 new stock, part of which has been used to
increase the company's holdings in the stock of the Piedmont being organized under the laws of Pennsylvania, with $2,500,& Cumberland, these having been raised from 65 to 92 per 000 of capital stock and $1,250,000 of 6 per cent gold bonds, to
cent of the total issue of $650,000. A portion of the new take over, improve and operate the rolling mills and other
—
—
—
understood, will be for the absorption of the B axCoal Co. and the purchase of additional
coal lands,—V. 73, p. 661, 392.
Wilmington (N. C.) Street Ry.— Sold.— At the foreclosure
sale on Oct. 7 the property was sold for $100,500 to Hugh
stock,
ton
it is
& Landstreet
C—
McRae &
Co., bankers of Wilmington, N.
N. 73, p. 288.
Wisconsin Central YLy.— Directors.— William F. Vilas of
Madison, Wis., and Joseph S. Dale of this city nave been
elected to fill vacancies on the board of directors. The
following directors were re-eleoted:
William L. Bull. John Crosby Brown, James C. Colgate, Fred. T.
Gates, Gerald L. Hoyt, Francis R. Hart and E. W. Sheldon of New
York; H. F. Whitoomb and Howard Morris of Milwaukee.
The annual
figures for 1900-01
were
in V. 73, p. 720.
Worcester Traction Co.— Stock Reduced.—The shareholders on Oct. 7 approved the proposition to reduce the preferred stock to $40,000.—V. 73, p. 723.
INDUSTRIAL. GAS AND MISCELLANEOUS.
American Bicycle Co.— New Directors —At the annual
meeting on Tuesday
elected to the board.
782.—V.
Bromley and Otto Unzicker were
The annual report is given on page
J. E.
72, p. 937.
American Sugar Refining Co.— War on Beet Sugar Refineries. — With a view to underselling the beet suaar refineries,
the price of granulated sugar wa9 reiuced last week to all
Missouri River points, from 5 to 3J^ cents per pound, and this
was followed this week by a reduction in the price of beet
and cane sugar in all States from Colorado to California. The
Western Sugar Refining Co., allied with the American Sugar
Refining Co., has made a cut of 20 cents per hundred on cane
and 30 cents per hundred on beet sugars. This increases the
—
property of the Pottsville (Pa.) Iron
pectus supplies the following:
&
Steel Co.
A pros-
Of the new securities there are to be paid for the prooerty $541,000
each of stock and bonds; $400,000 bonds aTe offered with a bonus of
100 per cent instock, to provide $215,000 for Immediate Improvements,
etc. The remaioder of the securities will remain in the treasury for
future extension?, payment of $59,000 mortgage, working oapital,
etc. Five 40-ton open-hearth furnaces are to be built. The improved
works will have a capacity of 100,000 tons of finished materials
yearly, and on a minimum basis of 60,000 tons a net profit of $480,000
is expeoted, this being additional to possibly $150,000 from sale of
30,000 rons of surplus billets and $30,000 from other sources.
Edison Electric Illuminating Co. of Boston.— Directors'
Earnings. At the annual meeting on Oct. 8 Edw. B.
Maltby, Isaac T. Burr, Everett W. Burdett and E. Henry
Barnes were elected directors, the board being increased to
nine members, and George S. Silsbee retiring. The annual
report for the year ended June 30, 1901, shows gross earnings, $1,273,989, an increase of $142,231, and net earnings,
$438,603, an increase of $32,382, compared with the previous
year.
Stock.—The $750,000 additional stock was duly authorized.
—
—V.
—
73, p. 680.
Electric Tehicle Co.—Bondholders to Meet.— The bondholders will meet Nov. 16 at the office of the Morton Trust
Co., the mortgage trustee. V. 72, p. 495.
Franchise Taxation in New York State.—Law Upheld.
In the Supreme Court at Troy, N. Y., on Oct. 8, Justice
Betts decided that the franchise tax law is constitutional.
The matter came up in the certiorari proceedings brought
by the Troy Gas Light Co. for the purpose of reviewing
the action of the State Tax Commissioners relative to valuation and also to determine the question of the constitutionality of the law itself.—V. 73, p. 82.
—
I^3 For other Investment News
—
see
Page 794.
October
THR CHKONICLK.
12, 1901.]
787
and documents.
jcports
CHICAGO BURLINGTON & QUINCY RAILROAD COMPANY.
FORTY-SEVENTH ANNUAL REPORT—FOR THE FISCAL TEAR ENDING
To
Chicago, September
of the Chicago Burlington
is, i«joi.
it Qufaoy
Railroad Company:
Your Directors submit the following report of. bbe opera
tionsof ihe Company for the year ending June 80, L90L:
the Stockholders
EARNINGS AND EXPENSES.
The dross Earnings of the Company, including tho
all leased and controlled railroads, except the Kansas City
& Omaha
Ry., have been:
From Freight
$33,662,221 05
11,624,745 90
From Passengers
From Mall, Express and Miscellaneous.. 4,765,022 02
$50,051,988 97
Milts run by Freight Trains in
lu 1899
Decrease
In
19001 (standard gauge)
-.760
l'.U 90.694
1900-1.
21.944
Miles run by Freight Trains per mile of
in 1900-1 (stawlard gauge)
In 1899-0
Road operated
2,472
2,543
Decrease In 190O-1.
71
Notk.— The Earnings and Expenses
of all roads owned or controlled
by the C. B. & (^. RR. Co., except the Kansas City ifeOmaha Ry., are Included above; but the tons and passengers carried one mile do not
Include those of the narrow-gauge roads, for which no such statistics
are kept. In figuring the earnings per ton and per passenger per
mile, the freight and passenger earnings of the narrow-gauge roads
have therefore been exoluded.
The Expenses have been:
CAPITAL 8TOCK.
$32,441,890 56
1,627,017 41
Operating Expenses
Taxes
34,068,907 97
Net Earnings from Operating
Add
$15,983,081 00
The Capital Stock of the Chicago Burlington
Railroad Company at the date of the last Report
was..
Issued during the year in exohange for C. B.
for
$82,431 25
177,811 58
Dividend on .Stock of Controlled Roads..
Other income and Interest
Net Receipts of B. & M. R. R. R. In Nebraska and H. <fc St. J. R.R. Land Departments for the year
vertible
& Q.
Quincy
$98,446,100
Con-
Bonds of 1903
2,297,000
9,834,600
Sold to Stockholders under Circular of January 17, 1901.
Capital Stock of the Burlington & Missouri River RR.
Co. (Iowa) outstanding on June 30, 1900, has been
transferred to Profit and lioss.
120,555 00
&
380,797 83
Aggregate of Capital Stock on June 30,1901
Total Net Reoelpts
FUNDED DEBT.
Charges have been:
Bonds
Rent of Traoks and Depots
Sinking Funds
Interest on
$7,421,978 65
327,892 82
488,600 00
$8,125,407 36
Dividends have been paid as follows:
15, 1900, li* per oent
$1,477,099 50
1,478,553 00
1,488,405 00
2,208,500 00
December 14, 1900, Ha percent
March 15, 1901, 1*2 percent
Jane 15, 1901, 2 per oent
of the Chicago Burlington
Quincy
Railroad Company at the date of the last Report
was
$135,899,100
The additions during the year were as follows:
C. B.& Q. Consolidated Mortgage
7 per oent Bonds of 1903 issued for Scrip
$1,000
& Q. Illinois Division 3*a
per cent Bonds of 1949.
C. B.
Sold
Issued in exohange for C. B.
6,652,557 50
Surplus for the year
1900-1
Q. 7 per cent
$1,472,849 86
COMPARED WITH
&
The Funded Debt
8,238,471 47
September
$110,577,700
$16,363,878 83
Bonds
&
of 1903.
$728,000
1,169,000
1,897,000
1899-0.
B.
Grose Earnings from Operating in 1900-1
In 1899-0
$50,051,988 97
47,535,420 38
Inorease in 1900-1
$2.516.ft68 59
Operating Expenses and Taxes in 1900-1
In 1899-0
$34,068,907 97
31,422,341 72
Inorease in 1900-1
$2,646,566 25
Net Earnings from Operating in 1900-1
In 1899-0
$15,983,081 00
16,113,078 66
Decrease In 19001.
$129,997 66
Percentage of Operating Expenses (including Taxes)
to Gross Earnings In 1900-1
In 1899-0
R. R. R. in Nebr. Consoli-
dated Mortgage 6
per
oent
Bonds of 1918 sold
Transferred from Funded
Debt of Controlled Roads:
21,000
Hannibal & St Joseph Consolidated Mortgage 6 per cent
Bondsof 1911
$8,000,000
Kansas City St. Joseph & Council Bluffs First Mortgage 7 per
cent Bonds of 1907
5,000,000
Tarkio Valley First Mortgage 7
percent Bondsof 1920
210,000
Nodaway Valley First Mortgage
188,000
7 per oent Bonds of 1920
68-07
66'10
Inorease in 1900-1.
13,398,000
$15,317,000
1-97
number of Passengers oarried one mile in 1900-1,
exoluslveof Free Mileage
In 1899-0
& M.
Total
533,186,204
469,256,338
The reductions during the
year were as follows:
Exchanged and Canceled:
& Q. Consolidated Mortgage 7 per oent Bonds of 1903
exchanged for C. B. & Q. Illinois Division 3*2 per oent
Bondsof 1949
$1,169,000
Purchased for Sinking
C. B.
Inorease in 1900-1.
63,9 29,866
Gross Earnings from Passengers in 1900-1
In 1699-0
$11,624,745 90
10,384,408 44
Increase in 1900-1
$1,240,337 46
Gross Earnings per Passenger per mile in 19001
In 1899
Decrease
2*16 cents
2-20
"
in 1900-1
Miles run by Passenger Trains in
gauge)
04 oents
1900-1 (standard
1,126,767
Road
Gross Earnings per ton per mile in 1900-1
In 1899-0
Inorease in 1900-1.
204,000
Converted into Stock:
& Q. Convertible 5 per
oent Bondsof 1903
oper-
1.780
1,691
89
Total number of Tons of Freight oarried one mile in
1900-1
3,870,529,358
In 1899-0
3,793,008,334
Inorease in 1900-1
160,000
2,297,000
Purchased and Canceled:
Increase in 1900-1.
Gross Earnings from Freight in 1900-1
In 1899-0
69,000
& Q 4 per oent Bonds of
1919 (lowa Division)
C. B. & Q 5 per oent Bonds of
1901
C. B.
C. B.
Increase in 1900-1.
Increase in 1900-1.
of
1919 (Iowa Division)
13,796,796
12.670.O29
In 1899-0
Miles run by Passenger Trains per mile of
ated in 1900-1 (standard gauge)
In 1899-0
Funds and canceled:
& Q. 5 per oent Bonds
O. B.
B. & Q. Consolidated Mortgage 7 per oent Bonds of 1H03.
C. B. & Q. Consolidated Mortgage 7 per cent Bond Scrip of
C.
1«03.
Tarkio Valley 7 per cent Bonds of
.
19^0
91,000
800
11,000
Nodaway
Valley
7
per
oent
Bondsof 1920
10,000
77,521,024
4,011,800
$33,662,221 05
3^,557,999 19
$1,104,221 86
0862
0-851
11.305,200
of the C. B. & Q. RR. Co. which is
$147,204,300
that of the whole system on June 30, 1901
Total outstandingFundedDebt of the whole
$149,297,100
system on June 36, 1900. was
2,092,800
Net decrease duiiDg the year
Total
now
oents
"
0-011 cents
Funded Debt
Total on June 30, 1901, as above
$147,204,300
THE CHRONICLE.
788
LENGTH
Miles.
Number
<>f
miles of
Road owned and
lo ined
by
tin-
Company,
Branches, on June 30. 1900
6,22187
Number of miles of leaned Road operated jointly with other
190*61
companies
including
all
Total number of miles operated by the Company June 30,
6,41248
1900, as stated lu the last Annual Report
There have been added during the year:
In Nebraska.
extension of the Nebraska Wyoming & Western
RR from Bridgeport. Neb., southerly to the Colorado State Line, opened for business He.pt. 1 6, 1900.
A branch of the Omaha <V Southwestern RR., from
South Omaha to Papplo, Neb., opened for business
Miles.
An
.
50'54
the Burlington & Missouri River Railroad
Nebraska and Branches:
Nebraska Wyoming & Western RR. from
in
Alllanoe, Neb., via Northport to Harfr
ville.Wyo
Denver
Montana
<fe
RR
$764,611 37
from Northport,
Neb., to Brash. Col
465,886 92
Branch, Toluoa, Mon., to Cody, Wyo. (on
aooount)
1,160,794 41
Atchison & Nebraska RR., Changing Line
and Reduoing (irades
28.336 0*>
Sheep Feeding Farm. Burnham
45,583 28
Land and Right of Way
77,203 03
New Hide Tracks
61,5b8 04
New Bridging
123,493 94
New Ballast
110,108 90
New Fenolng
32,555 71
942
Sept. 15, 1900
$2,870,141 65
17,490 97
Less Miscellaneous Credits
Colorado.
from a connection with
the Nebraska Wyoming <fe Western RR. at the Colorado state Line to Brush, Col., opened for business
Sept. 16, 1900
In
The Denver & Montana
RR
2,852,650 68
On the Missouri Lines of the Chicago Burlington & Quincy Railroad Company:
,
New
62-91
Ballast and Riprap
NewSldetracks
Under date of Feb 27. 1901, this Company leased
from the Davenport Rook Inland & Northwestern
RR. Co. the use of lt« traok from Rock Island, 111.,
la.,
Under date
of Jan. 23.
52,89194
25,639 97
121.868 45
152,382 00
71,770 99
Mo
$637,534 61
Iowa and Nebraska.
1901, this Company leased
Less amounts received for Land sold and
Miscellaneous Credits
191,658 32
445,881 29
from the Union Paoiflc Ry. Co. thejolnt use of its
traok and Bridge from Union Pacitiu Transfer, la.,
On
293
toOmaha.Neb
Keokuk
the
Chicago Burlington
Iowa and Missouri.
In
74,538 96
Reducing Grades at Broohfleld,
Reduoing Grades at Maoon, Mo
38*02
to Clinton, la
In
$138.-142 30
New Bridging
New Telegraph Lines
New Shops at Hannibal, Mo
In Illinois and Iowa.
via Davenport,
LXXIII.
On
ROAD.
<>K
[Voi..
New
&
&
Western Division
Quincy Railroad:
$6,623 44
3,711 29
5,758 75
Ballast
NewSldetracks
Transferred from Mileage of Standard Gauge Controlled Roads to Mileage of C. B. & Q RR., on
aooount of their purchase by the C. B. & Q. RR Co.. 1,401*24
New
1,56506
of the
Buildings
$16,093 48
837 37
Less Miscellaneous Credits.
15,256 11
7,977-54
Deductions.
Mileage heretofore used jointly by the Standard
Gauge Controlled Roads, which is twioe Included
Miles.
above
Chicago Ft Madison & Des Moines RR. track between
Batavia and Ottumwa. la., takeu up
Chicago & Alton Ry. track and bridge between East
Louisiana, III., and Louisiana, Mo., use abandoned.
Main track of Branches and Controlled Roads now
used as second traeK
Sundry small changes and corrections
30*35
$6,601,562 50
Deduct balanoe at Credit of Premium and discount on
Bonds sold and purchased..
15*18
2*7
18 01
65-91
7,91163
Divided as follows:
Number
New Buildings
New Side Tracks
$455 38
3,753 87
77 82
all
Total, as
C. B. & Q.
above
RR. Co. also controls the Kansas City
7,911-63
.
$4,287 07
1,416 88
$2,870 19
Total
Expenditures for Construction during the year on the
narrow gauge roads controlled by the Chicago Burlington
8,11417 & Quincy Railroad Company were as follows:
$3,'? 67 36
122*17 New Side Tracks
1,728 34
New Fencing
& Omaha Ry., operating
203 14
Total
Deduct for mileage operated jointly by two or more
Divisions
Total 8tandard
Credit for Equipment sold during the Year.
17501
other companies
The
Expenditures for Construction during the year on the
standard gauge roads controlled by the Chicago Burlington
& Quincy Railroad Company were as follows:
New Bridging
owned and leased by the Company,
branches
7,736*62
miles
of
leased and operated .jointly with
of miles
including
Number
$8,118,168 69
Total
030
Total 8'andard Gauge mileage operated by the C. B.
&Q.RR. Co. on June 30, 1901
8,556 50
Total amount charged Construction Account daring the
year
$6,593,036 CO
Cost of New Equipment paid for during the year and
charged Equipment Account
1,525,162 69
Gauge mileage operated on June
30,
1901
7,992*60
New Bridging
2,008 64
5 00
Miscellaneous
Average number of m iles operated during the year.
*7,753- 13
Notb — For details of the above mileige. see pagos 50 to 54 of
pamphlet. In addition to the above standard gauge mileage, the
Chicago Burlington & Quinoy RR. Co. controls 178-77 miles of narrow gauge road.
$7,009 34
Total
Cost of New Eaulpment paid for during the year
and charged Equipment Aooount
9,230 60
$16,239 94
Total.
*
Does not Include the Kansas City
& Omaha Ry.
EQUIPMENT.
LENGTH OF SECOND TRACK,
Seoond Traok on the C. B & Q. RR
and Standard Gauge Roads controlled and since purchased
It
on
June
by
30, 1900, was
Built during the jear
Track previously used as main tiack, but changed to 8ecoiul
Track during the year
The number
Miles.
There were added during the year to the Equipment of
the Chicago Burlington & Quincy Railroad Company:
359-47
48-3i
23 Dining Cars
Engines
Passenger &Corobination Cars 30 Box and Stock Cars
Baggage, MallA Express Cars. 14 Coal Cars
of miles of
15-34
42315
Total
CONSTRUCTION AND EQUIPMENT.
ExrENDITI RES.
Expenditures for Construction during the year ending
June 30, 1901, on the Chicago Burlington & Quincy Railroad
and Branches in Illinois and Iowa were as follows:
Land, Chicago
New Tracks and Underorossing, Kewanee,
Til.,
New
including
Land
Reducing Grades in
35,566 52
Illinois,
Land
including
67,470 82
Reducing Grades in Iowa, including Land
and New 8econd Track
2,508,582 32
New Passenger and Freight Depot, Rook
Island, 111
50.800 07
Addition to Freight House, Dubuque, la..
20,607 19
New Sheep Barns and Elevator, Montgomery ill
48,032 18
New Waterworks, Galesburg, 111., including Land
48,962 08
Changes at Wyanet. 111.. Aooount of Crossing of Hennepin Canal
13,361 91
Land at Aurora, 111., and Burlington, la...
59,908 75
New Ballast
44,012 00
New
Interlocking Plants
Miscellaneous Construction
and Pay Cars
Cars
BoardingCars
Wrecking Cars
Box and Stock Cars
Flat and Coal Cars
182
Engines
Passenger and Combination
96
Cars
Baggage, Mail and Express
45
Cars.
2
DlningCars
The Equipment of the
was as follows:
5
Officers'
Way
&
B.
C.
Engines (i)
Passenger and Combination Cars <-)
Baggage. Mail and ExpreBS Cars (-)
Dining Cars
Othoers' and Pay Cars
5
Way cars
Boarding Cars (*)
Wrecking Cars r)
Box and Stock Cars ('> (5> (fi)
Coal, Flat and Ore Cars (.0) p)
111.,
Land
Acquired during the year by the purchase of roads heretofore reported as '-Standard Gauge Controlled Roads:"
Q. R.R. Co.
98
2
6
3,560
1,474
on June
30,
1901,
20,715 13
Tracks and Buildings, Zearing,
including
$320,882 40
5
880
115
<
:i
)
<
19
20
546
56
)
I
33,522
9,425
1)
(2)
<
(
(«5)
$3,287,774 42
709
257
)
One Engine changed to Inspection Engine, Company's
One Coach transferred 10 Shop Train, ompany's Service;
two changed to Porters' Sleepers, Comnany's 8ervioe; one Combination Car changed to Baggage Car; two Mail Cars changed to Combination Cars. (3) One Way Car oharged to Combination Car. (i) One
Boarding Car changed to Porters' Sleeper, Company's 8ervice; 38 Box
5 One Box Car changed to way
Cais changed to Boarding Cars.
415 Box and Stock Cars changed to Coal and Flat Cars; 203
Car.
BoxandHtock Cars transferred to Company's Service. (") 93 Coal
and Flat Cars transferred to Company's Service. (•*) 4 Wrecking Cars
transferred to Company's 8ervioe.
Note.—
Service.
17,863 82
31,009 23
1,155
:!
(
)
OCTOBER
THE (CHRONICLE
12, 1U01.J
The equipment of the Kansas City & Omaha Railway uu
June 80, 11)01, was as follows:
4 Coal and Flat Cars
Way Can
46
293
Box Cars
There wen added during the year to the Equipment of
the narrow gauge railroad oompanies oontrolled by the
Chicago Burlington & Quincy Railroad Company:
I
I
Engines
1
the narrow gauge railroad companies
The Equipment of
on June 30, 11)01 was as follows:
,
18 WrecklngCars
Engines
Passenger & Combination Cars 16 Box and Stock Cars (*)
Baggage, Mall & Express Cars. 4 Flat, Coal and OreOars
4
Way Cars
Nuu.-(') One Box Car obaDged to Wrecking and Tool Car.
:
6
310
307
,
GENERAL REMARKS.
of standard gauge road operated by the
Chicago Burlington & Quincy Railroad Company on .June
30, 1901, was ?.9l2 miles, against?.<>61 mileson June 30, 1900,
The average number of miles of standard gauge road
operated by the Chicago Burlington & Quinoy Railroad
Company and controlled companies in 1900-1 was 7,758 miles,
against 7,546 miles in 1899-0. The gross earnings per mile of
road operated were $0,404 63 in 1900-1. against $6,251 70 in
The actual length
1899-0. The operating expenses, including taxes, per mile,
in 1900-1, were |4,186 75, against §4,121 OS in 1899-0.
The
percentage of operating expenses, including taxes, to gross
earnings, in 1900-1, was 68"07 against 66-10 per cent in 1899-0.
The number of tons moved one mile on the standard
gauge roads increased 204 per cent as compared with 1899-0;
and freight earnings increased 3-34 per cent. Passengers
ried one mile tnoreased 18*62 pei oent, and passenger
aings Increased iroi pet 01 at. The p
of op
'.»;
at in- expenses t<> gross earnings increased
percent.
Sinking Funds nave Increased during thi
13, of which sum |488,600 was paid directly from the
be remaindi
year, and
b of the
irai
>n
bonds held Ln the fun
the accumulation of inl
This Sinking Fund increase was used In purchasing $1,311,
200 bonds, of which $438,000 bonds were canceled and
,800 remain uncanceled in the Sinking Fund lnv<
ments.
The purohase of the railroads in Iowa and Missouri
formerly held under leases was approved by the stockholder!
of the Company at the annual meeting in November
and deeds conveying all of these railroads to this Company
bave been executed and recorded.
The line from Brush, Colorado, to a junction with the line
from Alliance, Nebraska, to Hartville, Wyoming, referred
to in the last report, was completed and put in operation in
Heptember last, and the branch from Toluca on the Billings
line to Cody City in the Big Horn Basin, Wyoming, is approaching completion and will be in operation this fall.
The reduction of grades and curvature in Illinois has been
completed, and the same work in Iowa, together with the
building of second track there, is being carried on as rapidly
as it can be economically done.
For further details relating to the affairs of the Company,
reference is made to the Report of the Treasurer and following statements.
By order of the Board of Directors,
-
1
i
I
GEORGE
HARRIS,
B.
President.
CHICAGO BURLINGTON & QUINCY RAILROAD COMPANY GENERAL BALANCE SHEET JUNE
1901.
30,
LIABILITIES.
ASSETS.
Cost of Road and Equipment
*$288,289,112 17
Cost of Investments in Securities of Controlled Roads
Davenoort Rock Island & Northwestern RR. Co
$1,750,134 25
Kansas City & OmaUa Rr. Co
1,157,863 21
Narrow Gauge Railroads
1,901,943 64
4,809,941 10
Sundry Investments
4,394,804 22
Trustees of Sinking Funds, showing the cost of uncanceled securities and cash awaiting investment
held in Sinking Funds
13,939,946 09
Material and Supplies
3,943,268 82
8undry Available Securities
54.400 00
Sundry Accounts and Bills Receivable.
5.190,762 31
Cash on baud
4,532,795 24
Capital Stock
Funded Debt
Matured coupons, not presented.
Coupon Interest to mature July 1, 1901
Unpaid Vouchers and Pay Rolls
Burlington Voluntary Relief Department Fund.
Fire Insurance
Fund
Replacement Fund
Sundry current accounts.
Renewal Fund
Income Account.
Profit and Boss
SinUintr Funds, shewing the total of payments to and
accretions of Sinking Funds for—
C. B. & Q. 5 per cent Bonds of 1901.. .$2,436,097 08
C. B. & Q. 4 and 5 per cent Bonds of
1919 (Iowa Division)
& Q 4 per cent bonds of 1921...
& Q. 4 per cent Bonds of 1922
(Denver Extent-ion)
O. B. & Q 4 per cent Bonds of 1927
(Nebraska Extension)
B. & M. R RR. in Nebraska 6 per cent
Bonds of 1918
B. & M. R. RR. in Nebraska 4 per cent
Bondsof 1910
Republican Valley RR. 6 per cent
Biudtof 1919
Lincoln & North-Western RR. 7 per
centBondsof 1910
C. B.
C. B
$110,577,700 00
147,204,300 00
S0.753 00
2,039,402 50
8,974,613 48
509,606 06
280.015 06
l,677,e68 56
865 078 83
10,000,000 00
17,217.349 34
9,159,297 87
4,184,047 55
1,292,837 47
2,362,104 78
3,069,363 55
5,302,005 40
2,337,269 13
386,229 64
229,290 65
21,599,245 25
$325,155,029 95
'This includes *46, 56^,1 88 67, which
ported as "Controlled Roads."
i.
$325,155,029 95
the cost and out6tandiug Funded debt of the roads purchased during the year, heretofore re-
CHICAGO BURLINGTON & QUINCY RAILROAD COMPANY INCOME ACCOUNT FOR THE YEAR ENDING JUNE
CREDIT.
June
DEBIT.
1900.— Balance as per Annual Report of
1899 00
$15,722,39155
June 30, 1901. -Freight Earnings
$38,376,309 40
PaswenKer Burnings.
11,533,207 71
Miscellaneous Earn'gs 4,745,549 52
49,655,066 63
Dividends on Stock of
Controlled Roads
$82,431 25
Other Interest and Income
216,721 96
30,
.
299,153 21
Net Receipts from
Nebraska and A.
Grants
B.
&
30, 1901.
& M.
St. J.
RR. in
RR. Land
R.
120,555 00
$32,072,237 33
327,892 82
1,543,476 24
73,074 51
7,421,978 65
Operating Expenses
Rent of Traoks and Depots
Taxes, State, County and City
War Revenue Taxes
Interest on Bonds
CaBh Paid to Sinking Funds for—
C. B.
5s of 1901....
$60,450 00
C. B. & Q. 4s and 5s of
1919 (Iowa Division).
232,530 00
C. II. & Q. 4s of 1921....
43.00JOO
C. B. & Q. 4s of 1922
(Denver Extension)...
79,680 00
B. & M. R. RR. In Ne-
&Q
braska 4 per cent
Bondsof 1910
Ltnoo)n& North Western
RR. 7 per oent Bonds
ofl910
66,940 00
6,00000
483,000 00
Dividends:
lifl p. o.. $1,477,099 50
Deo. 14, 1900. Us p. c... 1,478,553 00
Maroh 15, 1901, li* p. c 1.488,405 00
June 16, 1901, 2 p. o.... 2,208,500 00
Sept. 15, 1900,
'
Balauoe at credit of Income Aooonnt
$65,797,166 39
6,652,557 50
$48,579,C17 OS
17,217,349 34
$65,797,166 39
THE CHKON1CLU.
790
[Vol. LXXI1I.
NEW YORK CENTRAL & HUDSON RIVER RAILROAD COMPANY.
THIRTY-SECOND ANNUAL REPORT-FOR THE FISCAL YEAR ENDING JUNE
To the Stockholders of the New York Central & Hudson
River Railroad Company :
The Hoard of Directors herewith submits its report for
the year ended June 30, 1901. with statements showing the
results for the year and the financial oondil ion of the corapany.
For convenience in comparison with the results of the
previous year, a financial summary is shown on page 791
covering the results on the system east of Buffalo, including the following proprietary and leased lines:
N Y. Central & Hudson Riv. RR. Carthage Watertown & Backets
New York & Harlem RR.
Harlior RR.
Troy
Green bush KR.
Mohawk & Malono Ry.
Spuyten Duy vil& Port Morris RR. Carthage & Adirondack Ry.
West 8hore KR.
Oouverneur & Oswegatohie RR.
New Jersey Junction RR.
New York & Putnam RR.
Rnine Watertown A Ogdensbnrg Wallkill Vallev RR.
RR.
Beeoh Creek RR
Oswego Rome RR.
Byraouse Geneva
Corning Ry.
Niagara Falls Branch RR.
Fall Brook Ry.
Utlca & Black River RR.
Pine Creek Ry.
On page 791 will be found a summary of the operations of
the Boston & Albany Railroad, for which this company became responsible as lessee from July 1, 1900; and on page 791
there will be found a grand summary of the financial operations affecting income, embracing the entire system east of
<fe
<fe
<fe
Buffalo.
The Dunkirk Allegheny Valley & Pittsburg Railroad is
by this company, hut its mileage and operations
30,
1901.
On February 15, 1901, all of the securities of the Susquehanna & Clearfield Railroad Company (a branch of the
Philadelphia & Erie Railroad, extending from Keating to
Karthaus) were purchased by the New York Central & Hudson River Railroad Company.
On March 26, 1901, the Susquehanna & Clearfield Railroad
Company, the West Branch Valley Railroad Co. (aline extending in a northeasterly direction from Clearfield, Pa., to
follow the easy grades of the West Branch of the Susquehanna River), and the Canoe Creek Railroad Company, were
merged into the Beech Creek Extension Railroad Company,
and the property of the latter was formally leased by the
New York Central & Hudson River Railroad Company under
date of May 11, 1901. The work of completing this road is
now well advanced; the entire line, approximately sixty
miles, will be opened for business in the next fiscal year,
and will aid materially in the development of the ooal traffic
of that territory.
The capital stock of the Beech Creek Extension Railroad
Company is $4,500,000, and the funded debt $4,500,000 in 3^
per cent mortgage bonds. These bonds are guaranteed as
to principal and interest by the lessee company.
The main line of the Beech Creek Extension Railroad ends
at Keating, on the line of the Philadelphia
Erie Railroad,
and in order to reach the yards and terminals of the lessee
at Jersey Shore and Newberry Junction, trackage rights
&
have been obtained from the Philadelphia & Erie Railroad
are not included in this report, as separate accounts have Company from Keating to McElhattan and Youngdale, a
been kept and an independent report prepared in its behalf. distance of fifty miles.
The gross earnings from the entire system were $66,333,In the last report reference was made to the acquisition
110 76, an increase of $11,770,158 98 over the preceding year. of stock in the Lake Erie & Western Railroad Company and
Deducting the amount of the Boston & Albany Railroad the Cleveland Cincinnati Chicago & St. Louis Railway Comearnings, with which there is no comparison for the pre- pany. These securities were held temporarily in the treasvious year, the increase is $1,838,762 57, or 3-4^:. Of this lat- ury of this company, but during the past year they have
ter amount passenger traffic contributed 69£, or $1,^74,050 37.
been disposed of to the Lake Shore & Michigan Southern
This increase is not attributable to any one especial cause, Railway Company.
as, for example, the opening of the Pan-American ExposiThe funded debt has been increased by the issue of the
tion in May and June, but has been well distributed following securities:
throughout the entire twelve months. The increase in 3 1a% Gold Mortgage Bonds:
For construction and other purposes
freight earnings is largely due to improvement in the condi$2,000,000 00
As premiums in retirement of old securitions governing the company's coal traffic.
ties bearing higher ratesof interest
59,159 18
The expenses were $42,588,215 80, an increase of $8,536,$2,059,159 18
629 59 over those of 1899-1900. Deducting the expenses of Michigan Central Collateral Bonds:
In exohange for stock of the Michigan Central Railthe Boston
Albany Railroad, the net increase was $2,111,road Company
462,76000
058 14, or 6-2 per cent. This increase is due to the greater
Gold Debenture Bonds
3k%
cost of labor and material, a heavier outlay for equipment
In payment for property purchased from the Boston
& Albany Railroad Company
5,500,000 00
and to extraordinary expenditures for additions and betterments to the company's property.
$-.021,919 18
The net earnings from operations were $23,744,894 96, an
balance
sinking
fund
purchase
and reThe
of
the
for
the
increase of $3,233,529 39. Deducting the net earnings of the
gold
of
1890
was
tirement
of
the
4
per
cent
debentures
Boston & Albany Railroad, the decrease is $272,295 57, or 1-3
$1,506,905 68 on June 30, 1901. During the last fiscal period
per cent.
The first charges aggregated $20,233,005 45, an increase of there have been purchased for account of this fund $347,000
$3,283,922 16. Deducting all accounts relating to the Boston Z% per cent Lake Shore collateral bonds.
In recent reports emphasis has been laid upon the radical
& Albany Railroad, the decrease for the system as operated
increases made by the company in its facilities for procurin the preceding year is $30,530 40.
Since the inauguration of the refunding plan on July 1, ing and handling its constantly growing freight and passenger traffic. In pursuance of this policy the following, among
1897, the saving in interest has aggregated $1,686,425 88.
other important improvements, have been carried on:
For the past year it has been $538,597 34.
The profit for the year 1900-1901 was $7,742,183 19, and the
GRAND CENTRAL STATION WAITING ROOM.
surplus remaining, after the payment of five per cent in
Completed at a cost of $483,253 24, of whi«h $218,918 51 was
dividends, was $1,992,183 19. Following the policy of recent
years, the Board of Directors at its meeting of June 3, 1901, expended during the year.
set aside the sum of $1,500,000 to be carried as a special fund
8PUYTEN DUYV1L BRIDGE IMPROVEMENT.
out of which the cost of new bridges and additional rolling
structure, approaches, bulkheads, etc., comNew
steel
stock, together with other improvements, is to be defrayed
of $273,550 65; the year's expenditures being
pleted
a
cost
at
The balance of $492,183 19 has been carried to the credit of
$83,602 12.
Income Account.
HARLEM DIVISION.
For further information concerning the year's results,
from
White Plains to Mount Kisco, fifteen
tracking
Double
stockholders are referred to the notes on page 792.
On July 17, 1900, the Massachusetts State Legislature miles, including new engine house, coaling station, electricgave its consent to the lease of the Boston & Albany Rail- light plant and increased yard facilities at White Plains;
road to this company, and the conditions imposed in the work well advanced; approximate cost. $460,000. There was
legislative act being duly accepted by the directors and expended on this work $246,174 21 during the year.
WEEHAWKEN TERMINALS.
stockholders of the respective companies, operating control
of the Boston & Albany Railroad, was assumed on NovemRadical improvement and extension of the freight yards,
ber 10, 1900; but the lessee's responsibility for the demised construction of three new piers, one large new pier shed,
property reverts to July 1, 1900, as contemplated in the one mile of bulkheads, erection of a 2,000,000-bushel grain
lease of November 15, 1899.
The term of the lease is elevator, and dredging to accommodate ocean vessels. The
ninety-nine years, the New York Central & Hudson River estimated expenditure at this point is $3,000,000, and conRailroad Company guaranteeing, as surety, principal and tracts for the larger part of the work have been awarded.
interest of the funded debt of the Boston & Albany Rail- The improvements are now under way, $133,836 70 having
road Company, and paying an annual rental equivalent to been expended during the year.
eight per cent on its capital stock. The requirements of a
also leased
&
:
supplementary agreement, also dated November 15, 1899,
providing for the purchase by this company of certain
property in the city of Boston which had been excluded in
the lease, have been met; and the sum of $5,500,000 has
been paid therefor in a special issue of 8J£ per cent onehundred year gold debenture bonds.
The operations of the Boston & Albany Railroad have
been directed, for convenience, from Boston, and the accounts recorded in that city, the results being consolidated
with those of the remainder of the New York Central
systern, as
explained in a previous paragraph.
WE8T ALBANY IMPROVEMENT.
Erection of two modern thirty-stall engine houses with
ash-pits, coaling trestle, storage plants, electric plants, shop
A
part
buildings, etc., at an approximate cost of $300,000.
of this work has been completed, and the year's expenditures aggregate $68,033 79.
ELIMINATION OF GRADE CROSSINGS, BUFFALO.
This work has been carried on for several years and substantial progress has been made during the year, $138,566 58
having been expended. The total cost to date is $2,009.428 96.
October
THE CHRONICLE.
1901.]
19,
SUMMARY OF FINANCIAL OPERATIONS
ROLLING STOCK.
In addition to the heavy expenditures for repairs and
renewals, the following have been added during the year at
18 locomotives, 53 pas
<J
8
a 0081
dining oars, 109 hone oars, 150 Hat cars, 36 ballast oai
cianes.
,
"»
1
:
i
MARINE EQUIPMENT.
Within the past two years the floating equipmenl has been
In the twelve
largely increased in value and effioienoy.
months ended J une 30. 1901 the following new boats bave
u added at a cost of (485,984: l steel ferryboat, 2 BteeJ
barges, holsters, etc.
freight propeller, u Boats, and
tugs,
amber of changes have occurred in the directorate ami
executive force during the year.
-ton
t>
On November 9, 1900, Mr. Charles O. Clarke,- Vice-President, resigned on aocount of advanced years, after a valuable and extended service of forty- six years.
Mr. Edward v. W. Kossiter was appointed First Vioe
President to succeed Mr. Clarke, and Mr. George S. 1'rince
became Treasurer.
The office of Second Vice-President became vacant on
December 7, 1900, on account of the death of Mr. Horace J.
Havden, who had served as an officer of this company .since
and as V ice- President from May 4, 1883.
On June:! Mr. Samuel R. Callaway resigned as President
and was succeeded by Mr. William H. Newman. Mr. Newman also succeeded Mr. Callaway as a director on the same
date.
Mr. Edgar Van Etten was appointed Second Vice-President on June 3, with headquarters at Boston, Mass., and Mr.
Philip S. Blodgett became General Superintendent June 17.
Mr. Percy R. Todd. Traffic Manager of the West Shore
Railroad, having resigned on February 1, 1901, that office
was abolished.
.
For the Board of Directors,
>V
Aluani BAILBOAD,
N.
Y
William H. Newman,
President.
SUMMARY OF FINANCIAL OPERATIONS AFFECTING INCOME.
Entire System East of Buffalo, Excepting the Boston
Albany Railroad.
Earnings from
1900-1901.
2,828-93 miles
operated.
operation.
$
From freight tralBo
34,810.518 18
From passenger traffic. ...16,738,344 13
From express traffic
1,449,736 57
From transporta'n of malls 1,695,374 14
From'rentals
1.664,720 43
Froniiniscellane'usBouroes
43,025 90
56,401,714 35
Totals.?".
Expenses
tion-
of
&
1899-1900.
2,817-14 miles
operated.
Increase or
Decrease.
$
$
05
76
J. 537,372
7.1,274,050
12
/. 47,799
52
D 3,076
48
D. 11,307
49,10185
D. 6,076
34,273,141
15,464,293
1,401,937
1,698,450
1,676,027
54,562,95178
7.1,838,763
opera(64-12%)
For maintenance of way
and structures
6,710,192 86
For maintenance of equipment
6,718.14565
(62-41%)
7,190,285 75
5,598,092 07
7>.
J.
480,093
1.120.054
ForJ conducting transportation.
For geaeral expenses
Totals
21,410,525 33
1,323,780 51
19,900,225 80
1,356,982 59
7.1.504,300
D. 33,202
36,162,644 35
34,051,586 21
7.2,111,058
20,239,07000 20,511,365 57
D. 272,296
Net earnings from
operation
To which oddDividend on Lake Shore
from freight traffic
From pussnuj.-er tntlllo
Prom express traffic
Prom transportation of mulls
&
Totals
GROSS income
Deduct—
3,170,654 67
7>.
411
652,866 00
7.10,959
746,458 83
D. 162,175
132.152 93
14,612 00
D. 62,390
7.12,637
4,515,364 10
4,716,744 43
24,754,434 10
25,228,11000
201,380
7>.
ME.
At
11.
ft.
—
Kroiu rentals
From miscellaneous sources
,
7,439,585
6,939,127
1,936,907
237,815
2,610
102,769
02
23
06
71
LEBBBE.
2u
247,
99,931,396 41
Total
(64-69%)
ICXI'ESHES OF OPERATION—
For iiiulntenanoe of way and structures. .$1,108 77.« 32
For lliallltelianci of equipment
L. 114,793 10
Knr conducting transportation
For general expenses
7,447 02
234,554 01
3,!»
6,425,57145
Total
NET EARNINGS FROM OPERATION
To which add—
$3,505,624 96
14,929 58
Intereston deposits
93,520,754 54
Gross income
Deduct—
Cash rental
Interest on funded debt
Rentals of leased lines
Taxes on real estate
Tax on capital stock
Tax on gross earnings
United states internal revenue tax
92,000,000
337,980
78,000
881.681
503,549
998
12,243
00
00
Oi)
32
33
58
33
Total
3,314,452 56
NET INCOME
$206,301 98
SUMMARY OF FINANCIAL OPERATIONS AFFECTING INCOME.
entire systemjeast of buffalo, including boston & albany
Railroad.
1900-1901.
3,223-21 miles
operated.
Earnings from operation.
From freight traffic
From passenger traffic
$39,550,399
20,866,356
I'miu express traffic...... ...............
1,714,615
2,046.000
From transportation oi iiittiio
1,865,189
From rentals
290,549
From miscellaneous sources
00
90
09
19
73
85
$66,333,110 76
Total
(64*20%)
EXPBN8ES OF OPERATION.
For maintenance of way and structures. $7,818,966 18
For maintenance of equipment
For conducting transportation
For general expenses
7,832,938 75
25,377,972 35
1,558,838 52
42,588,215 80
Total
NET EARNINGS FROM OPERATION
$23,744,894 96
To which add—
Dividend on Lake Shore & Mioh. South.
stock owned
$3,170,244 00
Dividend on Mioh. Cent, stock owned..
Dividends and int. on other securities.
Interest on loans, notes and deposits...
Profits from sundry accounts
663,824 67
584,284 02
84,692 09
27,248 90
4,530,293 68
Total
$28,275,188 64
Gross income
Deduct—
Interest on funded debt
Rentals of leased lines
Taxes on real estate
Tax on capital stock
$7,624,934
9.204,618
2,339,094
748,284
Tax on bonded debt
Tax on gross earnings
1,899
103,046
68,514
142,613
16
53
02
85
40
89
04
56
Total
20,233,005 45
Netincome
$8,042,183 19
Deduct—
Reserve for redemption of
bentures of 1890
4%
Gold de300,000 00
$7,742,183 19
5,750,000 00
Balance available for dividend.
Cash dividends, four, aggregating 5%..
D.473,675
7.185,349
D. 150,489
7.
20,t>06
7
44
6,920
D. 711
D. 721
56,27071
65,42306
D. 9,152
142,613 56
224,844 96
D. 82,231
16,918,552 89
16,949,083 29
D. 30,530
enue tax
Interest on loans, notes
and bills payable
.
1
$1,992,188 19
Surplus
Interest on funded debt... 7,624,934 16
Rentals of leased lines.... 6,788,038 53
Taxes on real estate
1,957,412 70
Tax on capital stook
244,735 52
Tax on bonded debt
1,899 40
Tax on gross earnings
102,048 31
United States internal rev-
00
III.
OJ>i
i
United States internal revenue tax
Int. on loans, notes and bills payable..
Mich. South, stock owned 3,170,244 00
Dividend on Michigan Central stook owned
663,824 67
Dividends and interest on
other securities
584,284 02
Interest on loans, notes
and deposits
69,762 51
Profits from sundry accts..
27,248 90
v
804-28 miles
KR()M Ol'KltATION —
Chauncey M. Depew,
Chairman.
0.
190() 1901.
laEMMW
,
1
791
81
From
the surplus for the year there
shnund be further deducted—
Special improvement fund toward defraying cost of extensive betterments
(see page 790)
1,500,000 00
$492,183 19
To whioh add—
143,500 00
Profit on sale of property
$635,683 19
Totals
Net INCOME
Deduct—
Reserve for redemption of
4% Gold debentures of
1890
7,835,88121
300,000 00
8,279,026 71
D. 443,146
From which deduct—
Beech Creek Railroad equipment paid
for out of accumulated surplus earnings of that road
Paynientslnoldent to refunding bonded
debt
Sundry uncollectible charges
300,000 00
Balance available
FOR dividend
7,533,88121
Cash dividends, four, aggregating 5 per cent
5,750,000 00
Surplus
7,979,026 71
*4,937,500 00
D. 443,146
7.
812,500
Net amount carried to credit of Profit
and Loss June 30, 1901
Amount to the credit of Profit and Loss
June
1,785.88121
30,
1900
."
(43t% in 1899-1900.)
94,719 18
23,985 02
620,579 20
$15,103 99
11,754,889 38
3,041,526 71 D. 1,255,646
Balance, June 30,1901
*
$501,875 00
$11,769,993 37
THE CHRONICLE.
792
TRAFFIC STATISTICS.
As to the
or I;
Freight Carried and Ton Mileage,
fiom business local to the syn?ein oontribu
or 62*2 per cent, of the Increase In this year over
Voi.i ;.mk
t
1699-1900.
1800-1901.*
1900-1901.
3,223-21 miles
2,8289- miles 2,81714 miles
operated.
operated,
operate i.
3,'.i 11.286
6,094,120 Total tons through freight
3,728,628
33,675,210
33,674,494
3B,307,-30 Total tons way freight....
Tons revenue freight..
6,883,668 Tone oompany's freight...
43, .01,356
Total tons carried
49,285,024
6,606,890,325
37,403,122
6,535,602
37,586,496
5,408,932
43,938,724
42,995,428
Tons carried 1 mile
6,036,548,335 6,117,572,625
Tons company's freight
766,358,519
734,204,294
carried 1 mile
603.037,823
Total tons car'd 1 mlle.6,770,752,629 6,720,610,448
7,373,248,844
AS TO
THIS
[Vol.
KE8ULT8.
Freight.
$39,274,340 Earnings from transp'n.. $34,534,454
27o,059 Earns. from mlscel. sources
276,059
$33,970,863
302,278
Total freight earnings. $34,810,513
Earnings per ton per mile
cts. 058
Earnings per train mile...
$i 11
Earnings per mile of road
operated
$12,304 97
$34,273,141
LXXIDL
o9,
i;ist.
The
earningB from commutation traffic, included in the total
passenger traffic us above, wen | 1,606 18, an Increase
of $54,766 64, or 11'.' per cent. The earnings per mfle of
road were $7,110 99, an increase <>f 8'7 per cent.
The number of passengers oarrled, :;'i,:;i M .7:;."i. It an increase of 2,502.392, or per cent over be previous year, the
percentage of Increase in the number of through passengers
carried being about the same as in the number of way
passengers. The number of passengers carried per mile of
road was 837,565, or 7'5 per cent Ini
The rate per passenger per mile was 1*88 cents, an increase
of '01 cent over last > ear, and the rate per p
r train
mile (including mail and express earnings), T14 cents, an
increase of "04 cents.
During the year the operating expenses increased $2,111,058 14, or 6'2 per cent, the heaviest increases appearing in
maintenance of equipment and the cost of handling the
i
mm
i
\)
.
i
i
traffic.
$39,550,399
ots.
0-59
$2 09
$12,270 50
cts.
0-56
:
$2 03
$12,166 93
Density of revenue freight
tons oarried l
mile per mile of road)..
2,049,756
Averagenumber of tons of
revenue-earning freight
oarrled per train mile...
351
Average number tons all
tren lit (lnol. company's)
392
oarrled per train mile...
155 Av. No. miles 1 ton oarrled
Passenger.
$20,477,523 Earnings from passengers
" from excess baggage
191,178
" from miscel. sources.
197.b55
traffic
$20,866,357
ots. 1-82
$1 20
(i. e.
2,133,825
2,171,554
367
363
411
161
398
163
$16,473,822
158,156
106,366
$15,217,698
144,991
101,605
Total passenger earns.
Earns, per pass, per mile.
I Earnings per train mile..
Earns, per mile of road
operated In pass, servloe
(3.190 39 m. B.&A. lnol.,
2,796-16 m.B. ct a. excl.,
In 1900-01; 2,784-62 m.
$16,738,344
$15,464,294
in 1899-1900
Density of pass, traffic (i.e.
No. of pass, oarrled 1 m.
per m. of road operated
$7,110 99
ots.
1-83
ots.
1*82
$1 10
$1 14
$6,666 86
327,565
804,783
53
50
30
31
Average number of pass.
56
per train mile
Average number «f miles
28
one passenger oarried...
& Albany BR.
included. No comparison with previous
year.
t The aggregate distance called for on way-bills multiplied by
the total tonnage
S Including mall and express earnings.
*
Boston
1899.
10-33
1900.
1318
1024
3648
10 H6
38 92
2-49
2-48
1898.
>0-31
10-89
4034
<-46
64-12% 62-41% 62-69% 64-00%
maintenance of way and structures show
a decrease of $480,< 92 89, due principally to the fact that
The expenses
of
last year's expenses included $870, OoO of anticipated bridge
renewals, whereas correspondingly heavy expenditures during the present fiscal year were not included in operating
expenses, but charged against the improvement fund established by the Board of Directors. The actual increase of
the cost of maintenance and structures approximates, therefore, $390,000. of which $336,934 56 appears in the items of
"renewals of rails" and "renewals of ties."
"Repairs of roadway" increased $^32,246 74, largely due to
additional commercial sidings laid during the year and to
greater cost of material.
" Buildings ani structures" and "docks and wharves" decreased $147,260 52 and $215,435 17, respectively, due in both
cases to the fact that extensive improvement work in these
classes was under way and included in opera ing expenses
during the previous fiscal year.
The maintenance of equipment accounts increased $1,120,053 58, or 20 per cent over the previous year, the principal
items being $649,516 11 on account of locomotives, $428,441 72
on account of passenger cars and $220,402 43 on account of
freight cars, offset in part by a decrease of $286,725 84 in re1
In pass. aerv'e),secmlle-
age In Item next aoove..
359,117
1901.
Maintenance of wayand etructures.11-90
11-91
Maintenance of equipment
Conducting transportation
.37 96
General expenses
2*80
Total
;
$7,719 11
The percentage of each group of operating expenses to
gross earnings for the past four fiscal years was asfoilows
COMMENT UPON EARNINGS AND EXPENSES.
Entire System East of Buffalo Excepting the Boston &
Albany Railroad.
The gross earnings, freight earnings and passenger earnings for the fiscal year enoing June 30, 1901, were the largest
in the history of the company.
The earnings from freight traffic were $34,810,513 18, an
increase of $537,372 13, or 1'6 per cent, over last year, and
$5,530,377 56, or 18-9 per cent, over 1898-9.
The revenue tonnage moved during the year decreased
183,374 tons, or
5 per cent. The ton mileage decreased
81,024,29u tons, or 1*8 per cent, but the rate per ton per mile
increased from 5-6 mills to 5-8 mills, or 3 per cent.
The earnings per freight train mile were $2 11, as against
$2 03 last year, $1 88 in 1898-9, and $1 83 in 1897-8, an increase
of 28 cents, or i5 per cent, over the last-named period. The
earnings per mile of road were $12,304 97, or 1*1 per cent increase. As compared with 1898-9, the increase was $1,286 11,
or 103 per cent; and with 1897-8 it was $ ,840 59, or 17-4 per
cent. A marked feature of the year's traffic was the im-
-
t"
i
provement
in tonnage in the relatively high-class freights,
such as fruits and vegetables, milk, live stock, etc.
The earnings from passenger traffic were $16,738,344 13,
an increase of $1,274,050 37, or 8-2 per cent, over last year,
and $2,857,829 53, or 20*6 per cent, over 1898-9. Earnings
pairs of floating equipment.
Included in the repairs of locomotives are twenty-one new
locomotives purchased or built at the shops, representing an
aggregate expense of $282,355 64.
Under the head of passenger cars are included seventynine new cars purchased or t uilt at the shops, at an aggregate cost of $247,339 54; and under the head of freight cars
seventy-five new cars, at an aggregat- cost of
In 1899-190", there were no charges for new equipment
corresponding o the above.
The cost of handling the traffic increased $1,504,299 53.
Of this sum the largest items are: $298,779 32 for enginemen
for fuel for locomotives,
|65,343 19 for other locomotive supplies. $89,868 60 for services of train crews and $103,130 61 for train supplies; $145,468 95 for station employes and $205,785 78 for rents of tracks,
yards and terminals. As a partial offset to these increases,
and as a result of the recent additions te the equipment, the
net payment to other companies for use of their cars has
decreased $306,423 56, or 53 per cent.
The increase in enginemen, roundhousemen. train crews
and station force is due to the employment of additional men
to handle increasing business and to an increase in rates of
pay during the year.
The increase in fuel and otter locomo'ive supplies is due
to additional engine mileage, which increased during the
year 2,308,988 miles in all branches of the service, and also
to the advance in the prices of coal and other supplies.
and loundhousemen, $562,352 48
FUNDED DEBT.
Date of
Class of Bond.
First Mortgage
First mortgage, sterling
{
amount
Amount per
of
1873
1873
1884
18S9
1890
1853
1897
1898
1898
1900
,
Debentures
Debentures of 1889
Gold debentures of 1*90
* t Extended debt certificates
Gold mortgage
Gold bonds, Lak« Shore collateral
Gold bonds, Michigan Central collateral.
Debenture bonds of 1900
Total
Issue.
,
funded debt
mile of road
owned (819-45
Date of
Maturity.
Jan.
Jan.
Sept
Sept.
June
May
July
Feb.
Feb
July
Authorized
Amount Issued
and now
Hate
of
Jssue.
Outstanding.
Interest,
First
7
Jan.
Jan.
5
Sept.
Sept.
4
4
&
&
&
&
June &
July
July
Mar.
Mar.
May
&,
>"ov.
Jan.
Feb.
Feb.
Jan.
&
July
&
&
&
Amount
of
1,
gs3o.ooo.ooo
1,
£2,000,000
$10,000,000
1903
1903
1, 1904
1,1904
I, 1905
1, 1905
1. 1997
1,1998
1. 1998
1,2000
1,000,000
15.000.0i»0
6,450,000
100,000,000
100,000,000
21,550,000
5,500,000
$18,330,000 00
5.775,761 32
4,528,000 00
649,000 00
5,251.000 00
3,6t 2,500 00
40,161.834 22
90,578,400 00
19,336,445 00
5,500,000 00
6
5
3*9
31-2
3L_>
3^2
Payable
on the
Days
of
Dec.
Aug.
Aug.
July
$193.772,°40 54
miles).
$95,622 79
Issued by the New York Central RR. Co.; all of tbe others listed above were issued bv the New York Central & Hudson River RR. Co.
Orlxinal rate of interest, 6 per cent; extended May 1, 18 S3, for ten years at 5 per cent; farther extended May 1, 1893, for twelve years
at 4 per i-ent.
J Excluding Lake Shore & Michigan Central collateral bonds and debentures
of 1900.
*
t
October
1:.',
THE CHRONICLE.
1901.]
793
SUMMARY OF
CAPITAL STOCK.
1,149,051
Nuuiberof shares Issued
49
Consolidation certificates not yet converted
$7,624,934 16
W,201,01M53
Taxes
Numberof shares authorized
$100 oo
oo
4,90o 00
Par value per share
Total par value Issued and outstanding
Consolidation certificates outstanding
$114,99.>,J0iJ
road owned
$140,338 03
*zo,J33,oo5 45
DIVIDENDS.
Oct 15,1900,
$115,000,000 00
3,360,838
142.613 56
interest on loans, nottb and bills plvabll
Total Fiust Cuakiw-
1,150, Oi
Total par value authorized
Dividend for the year, 5 per oent.
Amount or oapltal stook per mile of
(819 45 miles)
FIRST CHARGES.
INTEREST ON FUNDED DEBT
RhNTALS OI LEASKb LlNh>
1^% on
1,150,000 shares of capital stock, $l,4:<7,ftoOOO
Jan. 15, 1901, 1»4% " 1.150.000
Apr. 15,1901, IVi " 1,150,000
July 16, 1901, 1*4% " 1,150,000
6 %
Total
'
"
"
1.437.50000
1.437.M.OO0
1,437.5'
00
$a,7oo,ooooo
CONDENSED GENERAL BALANCE SHEET.
June
June
ASSETS.
30, 1900.
30, 1901.
Road and Eqiu'mi;m.
$116,592,816 37
18.129,007 07
1,870.862 38
$40,059,662 OR
3,006,464 31
$117,781.232
19,161,476
2,009,428
788,711
Cost of road
Real estate
Changes of grade orosslng, Buffalo (incomplete)
Leased II nes oonstruotion
Cost of equipment
$12,000,599 37
2,706,464 31
Speolal equipment
44,707,063 68
43.666,126 39
$184,447,913 26
$180,258,812 21
Proprietary Interest in Other Lines Through Ownership of STOCK
Lake Shore & Michigan Southern Railway
00
00
52
79
60
00
156 912 38
,S75
00
S02
483 ,800 00
100 ,000 00
90.578 ,i00
18,873 ,685
4,307 ,379
1,638 ,454
2,897 t42
150 ,000
Michigan Central Railroad
Cleveland Cincinnati Chicago & St. Louis Railway
Chesapeake & Ohio Railway
Lake Erie & Western Railroad
Pittsburg & Eastern Railroad
Dunkirk Allegheny Valley & Pittsburg Railroad
Syracuse Geneva & Corning Railway
Carthage Watertown & Backets Harbor Railroad
New Jersey Junction Railroad
New York New Haven & Hartford Railroad
Sundry other railroads
19,336,4 15 00
1,638.454 79
©0
38
00
00
00
1,050,000 00
427,142 60
150.000
156.912
802,875
483,800
100,000
$114,724,029 77
$120,185,407 12
Ownership of Other Property.
3.460,726
1,905,878
3,811,411
4,091,200
Real estate, etc, not used in the operation of the road
31
36
29
77
Hudson river bridges at Albany
Bonds of sundry railroad oompanies
Stock in other than railroad oompanies.
26
36
52
00
$13,269,216 14
$11,801,194 72
Advances for Lessor and Other Companies.
New York & Harlem Railroad.
$1,305,887 96
3,131,015 59
1,110,557 93
5,547,561 48
373,559 73
241,426
504,783
39,542
296,404
562,172
90,578,400 00
•<
,
196,257 83
2,044.275
1,905,878
3,438,156
3,912,884
50
76
96
36
\
(
Morrisania improvements and other oonstruotion
lmbursement by
(in
excess of re-
Elevation of tracks and new bridge over Harlem River
Grand Central Station enlargement
Dunkirk Allegheny Valley & Pittsburg Railroad
West Shore Railroad
Beech Creek Railroad
Rome Watertown & Ogdensburg Railroad
New York & Putnam Railroad
Other companies
46
59
34
59
24
$1,296,765 89
3,129,204 85
1,348,793 49
.-
lessor)
5,774,764
173,474
207,675
154,168
63.390
296,895
700,662
—
,
23
62
81
66
02
25
54
$7,371,026 13
$7,565,450 43
Current assets.
5,075,052
3,626.021
4,465,825
3,960,153
21
Cash oharged Treasurer
39
47
92
Tratllo balances receivable
Sundry collectible aooounts
Fuel and supplies on hand
$17,127,052 99
1,198,843 18
2,914,150 00
5,721,202
3,597,053
5,034,216
4,083,306
,
SINKING Fund for the Redemption of Gold Debentures of 1890
Securities Acquired from Lessor Companies (per contra)
$18,435,778 66
1,506,905 68
3,039,713 00
,
$342,794,582 64
$340,550,910 65
June
12
40
15
99
LIABILITIES.
30, 1900.
June
30, 1901.
Capitalization.
$114,995,100 00
4,900 00
$114,995,100 00
4,900 00
Capital Stock
Consolidation certificates
$115,000,000 00
$115,000,000 00
Funded
$18,490,000
6,027,854
4,870,000
659,000
5,708,000
3,961,000
36,593,081
90,578,400
18,873,685
185,751.021 36
7,000 00
$300,758,021 36
6,461,037 10
25,402
934,900
102,016
59,568
44
02
25
62
00
59
00
00
00
00
77
00
00
Debt.
mortgage bonds
mortgage sterling bonds
Debenture certificates of 1884
Debenture certificates of 1889
Debenture certificates of 1890
Extended debt certificates
3**% Gold mortgage bonds
Gold bonds, Lake Shore collateral
Gold bonds, Michigan Central collateral
Debentures of 1900
First
First
193,772,940 54
157,000 00
Bond and Mortgage Payable
$308,929,940 54
Total capitalization
Loans and Bills Payable
Advances by Lessor Companies.
Carthage & Adirondack Railway
Fall Brook Railway
Svracuse Geneva <te Corning Railway
Wallklll Valley Railroad
Beech Creek Extension Railroad
$1,121,887 33
5,566,204
1,738,057
5,603,862
1,437,500
79,056
1,116,245
05
34
00
36
02
$15,540,925
2,000,000
2,914,150
11,754,889
00
00
71
$340,550,910 65
25,402
915,120
89,412
59,349
44
99
36
37
2,635.103 17
$3,724,448 33
Current Liabilities.
Wages and supplies
•
payable
Interest and rentals accrued
Dividend payable July 15th
Dividends and interest unclaimed
Sundry aooounts payable
Traffic balances
4S
38
$18,330,000 00
5,775,761 32
4,528,000 00
649,000 00
5,251,000 00
3,662,500 00
40,161,834 22
90,578.400 00
19,336,445 00
5,500,000 00
Special Improvement Fund
Securities Held in Trust for Lessor Companies (per contra)
Profit ahd Loss
i
48
3,946,971
1,582,633
5,885,112
1,437,600
76,653
579,907
20
00
00
89
95
$13,508,778
1,821,709
3,039,713
11,769,993
52
88
00
37
$342,794,582 64
THE CHRONICLE.
794
EQUIPMENT.
Owned and Leased.
face of its $7,500,000 debenture stock, viz.: Nov. 10, 1900,
20 p. c; Dec. 24, 1900, 10 p. c; March 29, 1901, 10 p. c; Aug.
V. 72, p. 1139.
1, 1901, 10 p. c; Sept. 12, 1901, 15 p.
c—
Locomotives
1
For passenger servloe
For freight service
For switching servloe
Dummy engines, etc
Total
locomotives
18981899.
386
671
189
1899-1900.
800-1 !>01."
500
845
229
22
394
1,602
1,303
6!>4
206
9
9
In
servloe
1,255
Oars in Passenger Service.
First olass passenger oars..
SeoondolHSs pass'ngr oars.
...
Combination oars
Immigrant cars
Dlnlngoars
Parlor and sleeping oars...
Mall, express and bag. oars.
Offloers and pay oars
Other oars In pass, servloe.
Totals
Boxcars
Flat oars— common
-steel
Stock oars
Coal and coke oars
Refrigerator oars
Caboose oars
762
208
121
10
IB
2
345
10
100
745
148
115
107
951
175
178
143
21
15
2
11
425
15
139
34 8 's
2,058
1,620 13
10
130
1,573
Oars in Freight Service.
35,383
37,120
4,4i»9
4,125
156
258
1,423
1,485
17,331
17,901
100
100
529
661
1,408
13,732
Steam wrecking cranes
Other road oars
•lnder, push, gas and
—
50,897
&
150
34
4
270
6
393
oil
transport oars
Totals
309
28
1,822
715
Railway Automatic Sales Co.
458
Marine Department.
186
194
149
Total floating equipment..
$1,116,726 00
$956,551 00
Num her-
Number.
1,356
126
Stone bridges
Wooden bridges
Trestles
Tunnels
216
29
125
Capacity in
Capacity in
bushels.
Oushets.
City, 60th 8t..l,500,0<
Bnffalo Niagara "B".„. 1,200,000
500.000 Buffalo Niagara "C".-.. 200.000
1,250,000
25.000 Weehawken
250,000
600,010 Norwood
1,000,000
749,000 East Boston
650,000
Albany
Byron
Buffalo "A"
Buffalo *B"
Buffalo Niagara "A"....
Total capacity
week on the common
Rochester & Pittsburg Coal & Iron Co.— Called Bonds.—
Seven purchase money mortgage bonds have been drawn for
ELEVATORS.
New York
last
A
BRID9ES AND TUNNEL8.
Steel bridges
Dividend and Change in
— A dividend of 50 cents per share
(2 per cent) was anstock, contrasting with
37^ceDtson July 1, 1901; 25 cents Dec. 31, 1900; 50 cents
Nov. 1, 1900; 75 cents Oot. 10. 1899, and 30 cents April 1, 1899.
The par value of both preferred and common stock was
originally $100 a share; issue $250,000 preferred and $2,7 50,000 common.
few months ago the capitalization was
changed to present basis, viz.: Preferred, $250,000, par value
$25, issued $171,200; common, $750,000, par value $25, issued
$687,500.
Stock.
nounced
$1 ,570,745 77
Total value of fleet
*Boston & Albany Railroad included.
•
Portland Steamship Co. Sale. The control of this company, operating between Boston and Portland, and of the
International Steamship Co., operating between Boston and
provincial ports, has been acquired by Charles W. Morse and
associates. The same interests recently purchased a majority of the capital stock of the Boston
Bangor and Kennebec Steamship companies. (V. 73, p. 617.) The Eastern
Steamboat Co. has been organized by Mr. Morse in Maine,
with $3,000,000 authorized capital stock and the right to
issue a like amount of bonds.
101
657
250
38
612
48
16
837
supplying the so-called Addicks companies (Bay State Gaa
Co. of Mass., Boston Gas Light Co., South Boston Gas Light
Co. and Roxbury Gas Light Co.) with gas from the company's coke ovens on the ground that they had refused to pay
the $120,0C0 due for such service. The Dorchf s*er, Jamaica
Plains and Brookline, however, are being supplied as nsual.
The Addicks interests claim that whereas their contracts
(see V. 70, p. 483) call for 16 candle power gas at 20 cents a
thousand feet, they are asked to pay 25 cents a thousand feet
for gas of 19- candle power, the New England Company doing
the enriching which they themselves preferred to do. It is
thought that this dispute may hasten a settlement of the
long-standing differences regarding the Addicks companies
and so facilitate the contemplated reorganization of the New
England Company.— V. 72, p. 1241.
&
Cars in Company's Service.
Ballast oars
Derrick oars
New England Gas & Coke Co.— By product Gas Shut Off
from Addxcks Companies.— On Tuesday the company stopped
North American Co.— Negotiation.— This company is negotiating for the consolidation of all the electric lighting
and power companies of St. Louis, and has already purchased the Imperial Electric Light
Power Co. (See V. 72,
p. 1283.)— V. 73, p. 394,30.
31,257
3,842
59.059
61,962
Totals
[Vol. LXXI1I.
the sinking fund, viz., Nos. 174, 252, 380, 441, 716, 1024, 1041,
and will be paid at the Central Trust Co. on Nov. 1 at 110and interest.— V. 71, p. 817.
The
H—Trust
South Amboy (N.
foreclosure sale
Co., of
New
is
York,
J.) Gas Light Co.— Sale Oct.
set for Oct 24.
The Continental
is mortgage trustee.
7.924,00
Standard Milling Co.— Suit.— See United
States Flour
Milling Co. below.— V. 72. p. 940.
Imperial Electric Light & Power Co. of St. Louis.—
See North American Co. below.— V. 72, p. 1283.
International Paper
above.—V.
Co.- -See Continental
Tobacco Co.
72, p. 1037.
Union Bag & Paper Co.— Competition.— See Continental
Paper Bag Co. above.— V.
72, p. 774.
United Fruit Co.— Bonds Authorized.— At the annual
meeting on Oct. 8 the issue of $3,000,000 of 5 per cent con-
vertible bonds, which may be increased to $5,000,000, was
Kings County Electric Light & Power Co.— Increased duly authorized. See V.
73, p. 295, 496.
"Brooklyn Eagle" quotes an official of the
Directors.— Four vacancies having occurred in the board,
company as saying:
and the number of directors having been increased from
Several months ago it was decided to increase the oapaoity of the
eleven
to fifteen members, the following board was elected:
power;
horse
we
are
by
10,000
hustling
now to
65th Street plant
New members: John 8. Bartletr, of Lynn; Reginald Foster, Francis
secure the final 5,000 horse power. Our orders are such that even
this additional power will no more than All them, and we are pretty R. Hart, Charles A. Hubbard, William 8. Spauldlng, H.O. Underwood,
near a standstill, so far as taking new business is concerned, until -we of Boston, and Hugh Kelly and Samuel Untermeyer, of New York.
Business.— The
lnorease our plant. One of our best customers at the present time Is
the Brooklyn Rapid Transit Co., which stands ready to take practically
all the power we can sell it. At the rate we have been growing, it will
be only a year or two more when we will be earning 15 or 20 per cent
on the present small capitalization of $2,500,000.—V. 72, p. 1283.
Subscribe. —
Manufacturers' Light & Heat Co.— Right to
The shareholders recently voted to increase the capital stock
from $1,500,0X0 to not exceeding $5,000,000. Of the new stock
now
offered at par pro rata to shareholders of
$750,000
record Oct. 15.— V. 73, p. 618, 151.
is
A. W.
President; T. Jefferson Coolidge Jr.,
Bradley W. Palmer, of Boston; Minor C.
York; Kenneth K. McLaren,
YorK;
MoLaren, New Jersey.
Re-elected:
Preston,
L. D. Baker, J. A. Jones.
Keith,
new
New
—
Earnings An
An approximate statement for the year ended
Aug. 31, 1901, compares with the actual figures for 1899-00
as follows:
Fiscal
Year
Net
Earnings.
9S
Earnings
Sub. Cos.
$
Other
Miscel. Dividend Balance,
Income. Charges, on Stock. Surplus.
$
9>
$
$
Buckner of Owensboro,
1900-01... 1.303,517 def. 52,051 24,429 177,847 1,084,767
13,280
1899 00... 1,594,669 net 219,141 18,005 260,022 1,119,257 452,535
Total surplus Aug. 31, 1901, $l,163,424.-V. 73, p. 496, 295.
Ky., succeeded W. W. Gibbs as President. A. G. Winter
has been elected Vice-President in place of George S. Graham. Messrs. Gibbs and Graham both remain on the board.
Mr. Buckner is Cashier of the Owensboro National Bank.
United States Express Co.— Increased Dividend. A semiannual dividend of 2 per cent was declared this week, payable Nov. 15. This increases the annual rate to 4 per cent,
as against 3 per cent, the rate since 1895.— V. 72, p. 92.
Marsden Co.— New
—V.
Officers.— E.
Gr.
—
73, p. 35.
Universal Tobacco Co.— Meeting.— At a meeting held on
Tuesday at the company's factory, corner Tenth and Greenwich streets, the acquisition of a large majority of the stock
of the Harry Weissinger Tobacco Co. was ratified, and Mr.
Oct. 1.
Weissinger was elected a director. The Cooperative Co.
Missouri-Edison Co. of St. Louis.— Consolidation.— See owning the Kairo Co., it is stated, will through its customNorth American Co. below.— v 69, p. 180.
ers act as distributers of the Universal Company's products.
The
time
for
Deposits.—
deposits
under -V. 73, p. 448.
National Salt Co.—
the plan announced last week has been extended ten days.
Western Union Telegraph Co. New Directors. At the
Assents, it is stated, are ooming in satisfactorily.—V. 73, p. annual meeting on Wednesday, Stuy vesant Fish and Samuel
725.
Spencer were elected directors to succeed William F. CochNational Wall Paper Co.— Progress of Liquidation.— This ran, retired, and George Coppell, deceased. The annual recompany has paid to date 65 per cent in liquidation on the port is on page 782.— V. 73, p. 555.
Massillon & Cleveland Coal Co.— Called Bonds.— Twenty
first mortgage 5 per cent bonds are called for payment at 105
at the United States Mortgage & Trust Co. Interest ceased
.
—
October
12,
THE CHRONICLE.
1901. J
795
COTTON.
3?he ©awrojercial Qixncs.
COMMERCIAL EPITOME.
Friday Night,
Oct. 11, 1901.
condition of business in commercial markets has
Manufacturers and
undergone no noteworthy changes.
dealers as a rule state that they have experienced a fair
The
merchandise into the hands of the consuming
trade, with prices holding steady to firm. A favorable
feature of the situation has been the absence of speculative
operations, the placing of orders generally being against welldefined wants. The crop news for the week has been with-
movement
of
out new important features. The improvement in the average condition of the corn crop during Sept., according to the
vny expected. The inBureau report, was not so great as
dicated total yield is put at about 1,400,000,000 bushels.
Lard on the spot has had only a limited sale and under
Friday Night, October
Ootober
Sat.
Mon.
rue*.
10 35
10-25
10 05
'J
igainat 219,717 bales last week and 140,020 bales the previous
week, making the total reoeipts since the 1st of Sept., 1901.
868,4J<5 bales, against 1,266,995 bales for the tame period of
1900, showing a decrease sinoe 8ept. 1, 1901, of 868,569 bale».
at—
kteceiptt
has sold at lower prices, closing quiet at 423.
Butter has been in slow demand, and the
for creamery. Cheese has been
at
was
easy
15@22c.
close
quiet but steady at 7@ 1034c for State factory, full cream.
Fresh eggs have been firm for desirable grades, closing at
22J^c. for choice Western.
Brazil grades of coffee have been firmer. There has been
a moderate falling off in the crop movement, and this,
coupled with apprehension of unfavorable advices relative to
the next Brazil crop, has had a strengthening influence upon
Business has been fairly active. The close was
prices.
steady at 5JgC for Rio No. 7. West India growths have been
Cotton-seed
for
oil
prime yellow.
in fairly active
demand
at full values, closing at 73^c. for
East Iadia growths have had a fair jobbing
Speculation in the market for contracts has been moderately active. Firmer European and Brazilian advices and
buying by shorts to cover contracts has advanced prices.
The close was steady. Following are the closing asked
goodCucuta.
sale.
prioes:
Oct
Nov
Deo
DAILY CLOSING PBIOE8 OF LARD FCTUEES.
5-200. IJan
5 45o. July
5 25c. Maroh
665o. Aug
,
5-35o.
I
May
,
Sept
5-80o.
14,118 13,741 20,101
Tkurt.
m.
487
9,684 14,361
823
11,730
9.0J6 11,228
8,320
734
976
507
975
-
975
10,053
4,327
1,685
3,409
60,278
4,337
14,876
3,199
20,561
9,851
Brnnsw'k.Ao.
3,033
2,866
2,371
1,082
1,088
5,279
4,404
906
Pt. Royal, Ac.
Wilmington
Wash' ton, Ac
^'p'tNews.Ao.
lew York.....
2,413
2,212
2,211
424
71
225
Ac.
19
2,194
1,933
12,070
212
600
236
1,774
46
750
164
1,928
1,928
27
346
altlmore
•nlladel'a,
19
1,107
2
1
5,743
90
50
25
212
520
week 42,342 45,792 56,189 30,168 55,116 51.294 2B0.901
The following shows the week's total reoeipts, the total since
topt. 1,1901, and the stook to-night, compared with last year.
Tot. this
1901.
f
Receipts
Oct. 11.
veeek.
alveston...
Sab. P., Ac.
437
7,038
'Baoola.Ao.
ftvaonah...
ir'wick.Ac.
bar lee ton..
'.Royal. Ac.
Vllmlngton.
Vash'n, Ao.
oriolk
975
60,278
4,327
14,376
126.904
160,335
3,118
422,093
32,524
9,141
280,647
16,577
84,465
10
110,069
135
94,475
1,583
104,812
...
63,741
6,028
15,068
95,709
8,572
16,618
17,674,
35,822
24,956
6,353
2,703
2,842
11,385
5
86,619
4,500
3,069
2,876
863,426 329,121 1,226,995
439.551
521,644
21,774
17
26,654
978
200
212
840
1,774
Baltimore
1,928
5,276
1.423
2,760
2,116
620
346
280,901
1900.
165.093
18,037
43,866
36
34,546
Qlladel.&o.
1901.
1900
1,
84,760
16,922
rportN.,Ao
^ew York...
Totals
voctk.
20,564
19
12,070
.
Stock.
Since Sep.
817,103 64,076
2,326
696
211,075 119.719
21,260
7,605
3,617
6,338
168,249 56,519
17,451
8,079
31,483 10,517
92,431
•ew Orleans 63.493
-loblle
1900.
Thil
Since Sep.
1, 1901.
Thin
200
2,454
1,643
1,357
750
42,887
8,000
2,531
2,857
In order that comparison may be made with other years,
vegive below the totals at leading ports for six seasons.
leceiptt
at—
lalves'n.Ac.
64,772
119,719
7,605
56,519
10,617
21,791
26,654
92,921
63,493
7,098
60,278
14,376
20,583
12,070
yew Orleans
loblle
avannah...
Jbae'ton, Ao.
Vllm'ton, Ac
Norfolk
S. News, Ao.
1899.
1900.
1901.
1897.
1898.
90,959
73,729
7,506
85,124
13,871
9,265
13,496
1896.
134,108
81,996
15,498
70,770
24,094
24,380
24,708
57,678
65,212
14,803
58,075
28,332
21,125
26,082
79,677
111,404
16,468
34,391
21,077
17.073
43,164
212
978
547
294
9,870
20,566
13.438
20,057
1,123
22,451
14,148
rot. this
wk. 280,901
329,121
257,935
895,905
294,886
337,677
ilnoe Sept. 1
275
868,426 1226,995 1282.308 1439,920 1410,554 1675,731
The exports
for the week ending this evening reach a total
165,767 bales, of which 54,706 were to Great Britain, 31,614
to France and 79,407 to the rest of the Continent.
Below
tre the exports for the week and sinoe Sept. 1, 1901.
jf
W*4k Mndtn§ Oct. 11, 1001
Mmported to—
Bxvorli
*rom—
Great
Brit'n.
10,706
France
14,804
4a b. Paai, Ao..
-JawOrlaani..
Mobile
Penaaoola
17,253
16,760
From
8*91.
1,
1001. to Oct . 11. 1001.
Bxporttd to—
Conti- lotal
0TMt France
nent. Wtik. Britain.
81,833
57,489
••••••
......
18,850
47,858
......
••••
Continent.
12,486
iramwlok
....
•••••
narleeton....
••••••
*'.rt
.
* • •
Total.
75,402
62,190
76.312
803,004
47,213
88,030
76,868
146.001
000
000
1,907
000
8,000
20.486
12.485
6,642
67.3-J6
2.80T
69.S51
8,702
0,844
80,790
80.790
-
,
487
63,493
7,098
6,667
8«95o.
6*05o
sugars have been in small available supply, and
have been firm at 3%c. for centrifugals, 96 deg. test, and
8 5- 16c. for muscovado, 89 deg. test. Refined sugar has had
a fair sale at unchanged prices, closing at 5-10c. for granulated. Teas have been in fair demand and firmer.
Kentucky tobacco has had only a limited sale, but prices
have been unchanged and steady. Seed leaf tobacco has
been quiet. Buyers have their wants fairly well supplied
for the present and have been holding off. Offerings have
been light and prices have held steady. Sales for the week
have been about 1,000 cases, composed of small lots. Foreign
grades of tobacco have had a small sale at unchanged values.
There has been a steadier market for Straits tin, and at the
close prices advanced sharply, reflecting stronger foreign advices; final figures were 24-80@24 85c. Ingot copper has been
in better demand and firmer, closing at 16%@17c. for Lake.
Lead has held steady at 4-373^c Business has been quiet.
Spelter has been firmer, advancing to 4 25@4 30c. Pig iron
has been quiet but steady at $18@15-50.
Refined petroleum has been unchanged, closing steady
at 7.65c. in bbls., 8 75c. in cases and 5-lOc. in bulk. Naphtha
has been unchanged at 9 05c. Credit balances have been unchanged at $1 30. Spirits turpentine has advanced, closing
fairly active at 373^@38c. Rosins have been in fair demand
and firm at 1 4234(8$ t 45 for common and good strained.
Hops have had only a small sale but prices have been fairly
well maintained. Wool has had only a moderate sale but
prices have been steady.
,
Total
8,289 17,643 18,539
9,925 14,212
1,436
2,622
8,644
mothers...
610c.
prices
Raw
Wed.
rue*.
.Mon.
Sat.
Bab. Pass, Ao.
^ow Orleans...
4oblle.. .......
'ensaoola, Ac.
Wed. Thurt. Pit.
987 9 90 9'S2
Pork has had only a small jobbing sale locally, and prices
have weakened slightly, closing at $15 50@16 25 for mess,
$17@18 for family and $17 50@19 00 for short clear. Cutmeats have sold slowly, and prices have weakened with the
hog market, closing at 7%@"l%<s. for pickled shoulders, 1034
@llc. for pickled hams and 9J4@10J^o. for pickled bellies,
14@ 10 lbs. average. Bsef has been dull and unchanged at
$9 50@10 for mess, $10 50@>11 for packet, $12@12 50 for family
and $18@18 50 for extra India mess in tcs. Tallow has been
quiet, closing flat at 6 2. Stearine3 have weakened slightly,
closing at llj^c. for lard stearine and ll^c. for oleo stearine.
1901.
from the South to-night, Is given below, For the week ending
evening the total reoelpte have reaohed 260, Jl bales,
this
m
moderate offerings prices have weakened. The close was
r
quiet at 9 '35c for prime Western and 9'3599-4 )j for prime
Refined lard has been in slow demand and prices have
city.
weakened with the raw product, closing dull at 1010c. for refined for the Continent. Speculation in the market for contrasts has been moderately active. Selling has been general
to liquidate long contracts, and this, with a weaker market,
for hogs has resulted in lower prices. The close was easier.
11,
The Movement of the Crop, as indicated by our telegrams
••••••
•
Royal
Vllmlngton..
Norfolk
-('port N..
Ao
14.382
.
0,871
0,306
8,968
•hlladalphla..
,
anFran..4o..
...
800
800
70o!
400
400
8,950
8,9 iO
48,800
8.287
8,313
19,270
8,968
1,431
fotai. leoo
14,832
•..
1.631
200
700
••••
2,588
42,070
176
4.874
800
8.112
04.157
8,408
8.187
200
3,118
64,700
31,644
70,417 165,707
807.425
77,714
295.068
681.102
204, 83 A
12/>00
60,«55 2*8.494
i
571
63.88*
tf
7.si!.ie'j
1
198
IHJB
<Ub
UXlttHi^
In addition to above exportB.our telegrams to-night also
<ive us the following amounts of ootton on shipboard, not
add similar figures for
cleared, at the ports named,
Mew York, whion are prepared for our speoial use by Messrs.
If
II
.L.B.
I
Vol. LXXIIF.
UTURB8.— Highest lowest and closing prices at New York
,
We
Lambert ft Barrows. Produce Exchange Building.
OW SHIPBOARD, WOT OLBABBD FOR—
Oct.
11 at—
New Orleans
Galveston
14,227 1,416 1,913
22,628 15.776 11.732
1,000 4,500 12,000
Savannah
Charleston
Mobile
Hew York
Total 1901..
.'S62
100
2.000
3,510
20,604
59,726
19,600
H.310
ef.obo
.3,500
ti.OOO
905
i'obo
3 500
7,000
Other porta
Total.
2,686
8.690
3.000
1,800
2,500
. .
Leaving
Hock.
Other OoaitGreat
GerBritain Fr'nee many. For'gn tcite.
"ft 00
2.600
6,000
.7,000
64,156
i;7,178
44.141
6.758
13,422
6.600
18,000
58,650 21.6^2 33.145 22.076 12,777 142.340
w©
00 CO
5,38ft
80,019
16,152
II
'9
297,211
323,666
574,194
II
Speculation in cotton for future delivery has been moder
ately active. The course of prices has been erratic, with the
tone of the market neivous and unsettled. After the buying
induced by the unfavorable Bureau report issued last week
was satisfied, the market hesitated, and during tbe first half
of the week prices manifested a tendency to sag. The movement of the crop showed a moderate increase, weather conditions in the South were generally favorable and the crop
news in some instances was more encouraging. Operators
who had bought on the Bureau report endeavored to liqui
date and realize profits, but they found only a light demand.
Daring the second half of the week the market again turned
stronger; following the Liverpool market. The statistical
position abroad appears to be decidedly strong. Available
supplies are small and the indications are that spinners have
only very light reserve stock upon which to fall back. Reports from the South state that holders of cotton are firm in
their views and that their financial condition is such as to
enable them to carry their cotton and to force buyers to meet
their views as to prices. To-day there was a moderately active and unsettled market. At the opening, prices were lower,
then followed a
reflecting disappointing foreign advices
moderate advance on buying, largely for Southern account.
During the afternoon, however, under realizing sales by room
traders part of this improvement was lost. The close was
steady at a net decline for the day of 3@6 points. Cotton on
the spot has advanced slightly, closing at 8 7-16c. for middling
uplands.
The rates on and off middling, as established Nov, 21, 1900,
by the Revision Committee, at which grades other than
middling may be delivered on oontraot, are as follows.
Fair
o. l^e on Strict Good Mid. Tinged. o. 3 ie ob
Middling Fair
Hon Good Middling Tinged
Even
J« oft
i«on Middling Tinged
Strict Good Middling......
5
Middling
Good
ison Strict Low Middling Tinged *j Ofl
3 18 o«
Middling Stained
Itrlot Low Middling
*a ofl
Low Middling
'ieoff Strict Low Mid. Stained... l»s ofl
off
li«ofl
Strict Good Ordinary
Middling
Low
h
Stained
Good Ordinary
liiaoff
M
On this basis the official prioes for a few of the grades for
the past week— Oct. 5 to Oct. 11 would be as follows.
II
Total 1900..
Total 1899.
87,723 30.445
43,331
17,342 197.978
11,191 215,b36
62,468
92,206
I
«w
I
tow
I
9
9
I
UPLANDS.
Sat.
Good Ordinary
7 5 ie
Middling
Good Middling
Middling Fair
8%
GULF.
Sat.
Low Middling
79l6
Middling
808
815 16
9^8
Middling Fair..
STAINED.
Sat.
Low Middling
Middling Tinged.
8
8
8 7 18
93 16
Mon Toes Wed
79 16
93s
6'8
7'.
8
838
8H
Tfe.
Frl.
7» 16
8^16
858
788
81*
7«8
8J4
81B 16
93s
8Hie
8Hxe
815i 6
9
9
9»8
» 7 16
9 7 18
TS».
Frl.
Hon Tuea Wad
8%
Good Middling Tinged
7*8
9 3 16
6*8
7»e
8
Middling
738
8ii 16
9*8
° 3 16
Good Middling.
Th. Frl
8%
838
»11 16
9^8
9ie
Low Middling..
Low
7 5 16
8"i 6
Good Ordinary.
Strict
Mon Tuea Wed
6^8
7*8
8
838
6*8
7*8
8
8»8
615 16
615 16
715 16
8 7 16
middling upland at New York on
Oct. 11 for eaoh of the past 82 years have been as follows.
1885. ...0. 913 16 1877....0.1112
1893. ...c. 83a
1901.. ..0. 8^6
The quotations
for
8i 16
1884
10
1876
1900.. ....10" 16 1892
11
8«4
10*4
1883
1891
1875
1899.. .... 714
13%
117
1882
15*4
538
1890
1874
1898.. ....
103a
16
119 16
18ie
1881
1889
1873
1897.. .... 67, a
10»a
913 16 1880
19>4
1896.. .... 71*16 1888
11V, 1872
107 10
1879
1871
19*8
1895.. .... 9*8
1887
97i 6
103 16
1878
1870
16
1886
9&16
1894.. .... 6*8
Notb.—On Oct. 1,1874, grades of ootton as quoted were changed.
According to the new olasslnoatlon Middling was on that day quoted
*80. lower than Middling of the old classification
MABKET AND
Market
Closed,
Steady
B'rly steady
Saturday .. Quiet
Monday.... Quiet
Tneaday... Quiet
Wednesday Quiet
Thursday.. Firm at
Friday
Total.
Quiet
SALES.
Futures
SPOT MABKBT
CLOSED.
&
Sales of Spot
Ex-
Oon-
Con-
tump.
tract.
1,041
312
2,200
ioo
400
237
198
697
1,141
1,844
3,700
1,500
Firm
Easy
adv. Very steady,
steady. Steady
lie
& Contract
port.
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Thb Visible &upply op Cotton to-night, as made up by
cable and telegraph, is as follows. Foreign stocks, as well
as the afloat, are this week's returns, and consequently all
foreign figures are brought down to Thursday evening.
I
I
I
©
o
X
©
X
c
But to make the total the complete figures for to-night
Oct. 11), we add the item of exports from the United States,
(
Including in
it
the exports of Friday only.
Stook at Liverpool
...bales.
Stock at London
Total Great Britain stock.
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
(Stock at
Rotterdam
1901
170,000
7.000
177,000
18,000
54,000
200
Stock at Antwerp....
2,000
37,000
3.000
32.000
6,000
10,000
162,200
StookatHavre
1900.
1899.
148,000
16,000
164,000
15,000
20,000
723,000
3,000
726,000
27,000
106,000
2,000
200
3,000
121,000
5,000
64,000
11,000
12,000
354,200
200
4,000
35,000
1898
545,000
3,000
648,000
17,000
48,000
1,000
200
8,000
83,000
4,000
31,000
21,000
2,000
Stock at Barcelona
14,000
Stock at Genoa
4,000
20,000
Stock at Trieste
3,000
Total Continental stocks .
97,200
233,200
Total European stocks.... 339 200 261,200 1,080,200 781,200
India ootton afloat lor Europe
17.000
49,000
8,000
29,000
Amer ootton afloat for E'rope. 379.000 529.000 476,000 485,000
Egypt. Brazll.&o. aflt.f or E'pe
16,000
32,000
19,000
37,000
62,000
53,000
Stock in Alexandria, Egypt
64,000
75,000
India
6 took in Bombay, India.'
222,000 217,000 260,000 235,000
stock in United States ports
439,551 521,644 789,830 801,022
Stock In U. 8. interior towns.
329,271 303,868
624.336 390,819
46.745
47,139
32,598
54.0S7
United States exports to-day.
Total visible supply
1,873,161 1,996,457 3,277,964 2,838,123
Of the above, totals of Amerloan and other descriptions are as follows
ritook at Marseilles
.
,
s;i 6
8'16
I
to
OX
;
—
00 O
WW 50
I*
00
'-I
total
1,353
1,500
400
2,437
198
797
6,685
.
American—
666,000 471,000
303,000 172,000
American afloat for Europe...
476,000 485,000
789,830 801,022
United States stock
524,336 390,819
United States Interior stooks.
32.598
54.087
United States exports to-day.
Total Amerloan
1,414,961 1,570,257 2,791,764 2,373,923
Matt Indian, Bratil, <tc —
57,000
57,000
74,000
Liverpool stock
61,000
16,000
7,000
3,000
3,000
Londonstock
61,200
19.200
51,200
Continental stocks
50,200
29,000
Europe
49,000
8,000
afloat
for
17,000
India
32,000
19,000
16,000
37,000
Egypt, Braall, Ac, afloat.
75,000
63,000
64,000
52,000
Stock in Alexandria, Egypt...
222,000 217,000 260,000 235,000
8tock In Bombay, India
Total East India, Ac
_.
458,200 426,200 486,200 464,200
Total American
1,414,961 1.570,257 2,791,764 2,373,928
Total Visible supply
1,873,161 1,990,457 3,277,964 2,838.128
43i 3 od.
3332<L
Middling Upland, Liverpool.
6d.
S'sd.
73 16 o.
538C.
Middling Upland, New York.
8"i 6 o.
10"i 6 o.
7i3 16 d.
63 16 d.
Egypt Good Brown, Liverpool
6*8d.
49i 6 d.
6i3 16 d.
678 d.
77 18 d.
Peruv. Bough Good, Liverpool
7iied.
6**&.
Broach Fine, Liverpool
4<L
43ed.
35i 6 d.
3i 16 d.
4i7 3a d.
3%d.
Tlnnevelly Good, Liverpool. .
55sd.
Continental imports past week have been 45,000 bales.
The above figures indicate a decrease in 1901 of 123,296
bales as compared with same date of 1900, a loss of 1,404,803
bales from 1899 and a decline of 964,967 bales from 1898,
Liverpool stock
Continental stocks
bales.
.
109,000
112.000
379,000
439,551
328,271
47.139
91.000
78.000
529,000
521,644
303,868
46.745
OCTOBER
THE CHRONICLE.
1001. J
12,
AT the Interior Towns the movement— that la the receipts
since September 1, the shipments for the
week and the stocks to-night, and the same Items for the
oorrespondlng period of 1900 —is set ont In detail below.
for the
week and
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The aoove totals show that the interior stocks have increased daring the week 63,991 bales, and are to-night 24,403
bales more than at same period last year. The receipts at al)
towns have been 49,510 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
week and
since Sept. 1, as made np from telegraphic
reports Friday night.
The results for the week ending
Oct. 11 and since Sept, 1 in the last two years are as follows.
for the
1901.
October 11.
Week.
MMpped—
Vla St. Louis.
._
Via Paduoah
Via Book Island
Via Louisville..-
> MT
...... .......
Deduct iMpmenls—
Overland to N. Y., Boston,
<feo..
1900.
Since
Sept.
Week.
1.
Since
Sept. l.
61,865
17,746
1,150
l,o51
1,789
4,793
44.742 30.210
(i.100
9.953
40G
1,800
1,400
2,083
4,069
1,869
3.309
2.107
12,876
28,027
76,349 44,069
100,495
14.625
4,019
..
.
862
5,300
5.563
2,907
6,252
5,654
2,588
958
11,574
3,342
6,297
696
12,098
8,801
6,014
7,718
21,213
8,938
26,913
4,668
2,192
Leaving total net overland*.. 20.3C9
73,582
55,136 35,131
* Including movement by rail to Canada.
The foregoing shows the week's net overland movement
this year has been 20,300 bales, against 85,131 bales for the
week in 1900, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 18,446 bales,
1900
1901.
In 8\gkt and Spinnere'
Takings.
Week.
280.901
Ket overland to Oct. 11............ 20,309
Southern consumption to Oct. 11. 34.000
Since
Sept.
Week.
1.
Since
Sept.
1.
868,426 329,121 1,226,995
73,682
55,1361 35,131
195,000! 29,000 174,000
385,210 1,118,562 393, 25" 1,474,577
63,991 198.966] 81,4751 259,241
Game
Into sight during week. 399,201
|474,727!
1,733,818
1,317,528|
Total In sight Oot. 11
Rorth'n spinners tak'gs
Movement
to
Oct 11 26,729
153,757
134,2621 74,135!
into sight in previous years.
Week.
1809
1898
1897
189 6
.
8*
8H
bale*. 414,363
539,459
410,566
439,621
Si-. re
1899
1898
1897
1896
.bales.
,
,
,
8»8
8
*
'10
7^.
8
H>8
Bha
8ii6
8%
8
94
8»B
7 78* l4 18
8Ha
bha
Thurt
8»ie
»»i
8
8'16
8'ie
8>e
8>4
8 1*
8»«
:,;
S
8*8
*M
8»4
»^A
8»4
8^8
8*16
8«4
quotations to-day (Friday) at other important
cltjsing
Columbus, Miss
Kufuula
7 1:; ie
averaging
7%
7^
Little
Kock
...
Montgomery...
7\
7\
Natohes
7i^i«
7»8
7i3 ia
Raleigh
Shreveport
7 78
Nashville
74.
Texas.— There has been rain on two days during
the week, to the extent of thirty two hundredths of an inch.
Average thermometer 74, highest 92, lowest 56.
Brenham, Texas. We have had rain on two days of the
past week, the rainfall being forty-six hundredths of an inch.
The thermometer has averaged 74, the highest being 37 and
—
the lowest
•"
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Abilene,
£
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©^©oo^|ii.«o-J<C
MOtOCOC -*©©*».
»10«*'
I
"Weather Reports by Telegraph— Reports to us by telegraph from the South this evening indicate that on the whole
the weather has favored the gathering of the crop during the
week, and that rapid progress has been made with picking.
In a few sections it is claimed that picking is nearing completion, and from some districts there are complaints that the
yield is turning out less than expected.
Galveston, Texas.— It has rained very heavily on two days
of the week, the precipitation reaching fourteen inches and
nine hundredths. The thermometer has ranged from 67 to
ir-
..__<.
ooacoao
to
8»e
8>4
Columbus Oa
Mj^MtOM.
®'-i"if>-"'->-''at>'"nb»f
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..
8*e
8>*
Atlanta
Charlotte
m
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mmio
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Athene
i
J
h
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8*8
8»e
b»s
R
8»16
8'ia
.
-
sn.—
Southern markets were as follows.
©h»XC6©COO<©-JyC008tO©©Maoa5K)aoCOO<i- aOAXtC-ltO*-_>-
ao
10
7 7s
8
—
Clnulnuatl
Louisville
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|
7 7s
8
Houston
t
hhuocV
;•>'
,
co
to
7'8
Louis
St.
'
-j©«oao
7%
.
lis
sr.
.
Wednes.
7«ia
ie
7"V
Charleston
Wilmington.
Norfolk
BoHton
Baltimore.
Philadelphia
~
p»
.?
o2
»o
>
-onto
^
'!
5l8
7 78
iimtiii
ZS5
>>
1u,m.
8ha
...
..
HddO
" — ta
no:
Hon.
Haiur.
New Orleans
ft.
M
11
Qalveeton..
o
.
VTIOMS roil MlUbLIM. i<>!TON
Week nullity
tHCCoassc
5
Middli*
Quotations
lt Othi
Below are oT^r^g quotations ( middling cotton a
and other principal oottoo market
bdayol
Sept. 1.
1.866,774
1,990,866
1,909,875
2,234,197
61.
Corpus Christi, Texas.—-Rain has fallen on one day of the
past week, the rainfall being forty-two hundredths of an
inch. Thermometer has averaged 76, ranging from 68 to 84.
Dallas, Texas.—There has been rain on two days during
the week, the rainfall being one inch and forty-four hundredths. The thermometer has ranged from 60 to S3, averaging 74.
Henrietta, Texas.
have had rain on one day during
the week, the rainfall reaching eighteen hundredths of an
inch. Average thermometer 74, highest 90, lowest 58.
Huntsville, Texas.
have had rain on one day of the
past week, the rainfall being nineteen hundredths of an inch.
The thermometer has averaged 73, the highest being ?6 and
the lowest 60.
Lampasas, Texas. There has been but a trace of rain during the week. The thermometer has averaged 76, ranging
from 64 to 88.
Longview, Texas.— Rain has fallen on two days during
the week, to the extent of sixty-one hundredths of an inch.
The thermometer has ranged from 58 to 84, averaging 71.
Palestine, Texas. We have had rain on one day of the
week, with rainfall thirty- three hundredths of an inch.
Average thermometer 71, highest 84, lowest 58.
Paris, Texas.— There has been rain on two days of the
week, to the extent of fifty-live hundredths of an inch. The
thermometer has averaged 71, the highest being 86 and the
lowest 56.
San Antonio, Texas.— There has been but a trace of rain
the past week. The thermometer has averaged 76, ranging
— We
— We
—
—
from 64 to
88.
Neio Orleans, Louisiana.— There has been rain on two days
during the week, to the extent of one inch and thirty hundredths. Average thermometer 70.
Shreveport, Louisiana. It has rained on one day of the
week, the precipitation reaching forty-seven hundredths of
an inch. The thermometer has ranged from 56 to 82, aver-
—
aging 79.
Columbus, Mississippi. There has been no rain during the
week. The thermometer has averaged 71, the highest being
91 and the lowest 52.
Vicksburg, Mississippi.— Picking is progressing well. We
have had rain on two days during the week, the rainfall being sixty-two hundredths of an inch. The thermometer has
ranged from 53 to 82, averaging 69.
Greenville, Mississippi. The weather has been mild and
clear during the week and very favorable for gathering the
—
—
crop.
Little Rock, Arkansas.— Cotton is nearly all open and picking is making good progress. A top crop is doubtful. It has
rained on one day of the past week, the rainfall reaching
The thermometer has
forty-five hundredths of an inch.
averaged 05, the highest being 80 and the lowest 51.
Helena, Arkansas.— Farmers report the yield as turning
out lighter than expected. We have had light rain on one
day of the week, the rainfall being twenty-seven hundredths of an inch, The thermometer averaged 66, ranging
from 54 to
80.
THE CHRONICLE.
798
—
Memphis, Tennessee. Cotton is opening rapidly and picking is making good progress. We have had rain on two
days of the week, the rainfall reaching thirty- five hundredths
of an inch. Now warm and raining. The thermometer has
ranged from 4!)-5 to 79 '4, averaging 65'5.
Nashville, Tmnessee.— Crop reports are unfavorable as to
the outturn; there is scarcely any top crop. Rain has fallen
during the week to the extent of five hundredths of an inch.
Average thermometer
highest 78, lowest 89.
Mobile, Alabama.— Picking has progressed well and isnearing completion in some sections on uplands. We have hai only
a trace of rain the past week. The thermometer has averaged
6G, the highest being 82 and the lowest 49.
Montgomery, Alabama. The weatlier has been fine for
picking, which is rapidly progressing. Rain has fallen very
lightly on one day of the past week, the rainfall being three
hundredths of an inch. The thermometer has averaged 65,
ranging from 46 to 81.
have had no rain during the week.
Selma, Alabama
The thermometer has ranged from 50 to 77, averaging 64.
Madison, Florida.—The crop is coming in very slowly and
prospects as to yield are not encouraging. There has been no
rain during the week. Average thermometer 72, highest 84,
lowest 56.
Augvsta, Georgia.— Picking and marketing are progressing freely, but there are some complaints of disappointing
have had rain on one day of the past week, the
outturn.
The thermometer
rainfall being one hundredth of an inch.
has averaged 63, the highest being 81 and the lowest 46.
Savannah, Georgia. There has been rain on two days of
the week, the precipitation being thirty hundredths of an
[Vol. lxxiii.
Alexandria Receipts and Shipments of Cotton.—
Alexandria, Kgypt,
October
2.
—
1899.
210.0O0
497,000
175,000
351,000
350,000
635,000
This week
Slnoe Sept. 1
T7tu
week.
Since
This
week.
Sept. 1.
Since
TMl
Since
Sept. 1.
week.
Sept. 1.
9.000
7,000
29.000
29,000
39,000 16,000
58,000
exports (bales)—
Total Europe
—
We
1900
Reoelpts (oantars*)...
59,
—We
1901.
8,000
4,000
7,000
13,000
16,000
38,000
20,000
54,000 12,000
19,000
20,000
A oantar is 98 pounds,
t
Of which to America In 1901, 2,961 bales; In 1900, 2,599 bales;
1899. 1,433 bales.
in
Manchester Market. — Our report received by
cable
quiet
for both yarns and shirtings.
The demand for India is
improving. We give the prices for to-day below and leave
those tor previous weeks of this and last year for oomparison.
to-night from Manchester states that the
market
1901.
84
Twist.
common Mid. 82*
d.
«8
74 «84
74 «84
" 27 7
«8
©8
Oct. 4 7
" 11 74 »84
Sep. 67ii6
13
" 20
••
8,
4
4
f»8
3
f»s
08
d.
2
3
2
84
a.
d.
Shxrt
lbs.
Oop. ings,
Twist.
TTpldi
to finest.
d.
a.
1900.
lb: Shirt- Oott'n
32* Oop. ings,
is
Oott'n
common Mxd.
Vplds
to finest.
d.
84 »94
94 » 104
4n 16 9 4 9 104
427 32
4i9 32
d.
s.
44»7
5.
5
d.
d.
64
11
104*8 6
9 08 44
9 08 44
76, 2
6i3 18
54 to 78, averaging 66.
Stateburg, South Carolina.— The weather has been dry all
the week, with nights very cool and frosty until ; Wednesday. The thermometer has ranged from 44 to 81, averaging
6B 16
08 14 4«8 |9»8 O 104 5
3 98 14 ih |94
10^5 8 f>8 3
6*18
43i 32 8i5 16 '>9 78 '5 64 »8 14 6
4 ©8 3
Government Weekly Cotton Report. — As stated in
last week's Chronicle, the regular weekly cot:on reports as
issued by the Climate and Crop Division of the U. 8. Weather Bureau were discontinued with that of Sept. 30.
But it
was subsequently decided to continue the service through the
New Orleans Weather Offi:e during the month of October.
The reports from the various States for the week ended
October 8 as telegraphed to the New York Cotton Exchange
61-6,
are as follows
inch.
to
The thermometer has averaged
65,
ranging from 54
77.
Charleston, South Carolina.—There
has been rain on
two days during the week, the precipitation reaching two
hundredths of an inch. The thermometer has ranged from
3
-a>
l
North Carolina.— Favorable weather for pioklng ootton in central
Greenwood, South Carolina.— We have had no rain the past
portion, and unfavorable in eastern portion; little damage by frost
week. Average thermometer 62, highest 71, lowest 52.
though reports everywhere indicate a short yield; rain oaused many
Charlotte, North Carolina. We have had no rain during Immature bolls to open and many bolls are small and hard, little top
the
crop.
the week. The nights have been cool, but the weather on
South Carolina. -Weather favorable for pioklng cotton, which is
whole has been f av orable to the crop. The thermometer
opening slowly a killing frost would do great damage to ootton In the
has ranged from 42 to 79, averaging 60.
next three weeks ootton is generally yielding poorly pickers are
Texas Weekly Crop Bulletin.— The weekly Crop Bul- plentiful.
Georgia.— Ootton picking has progressed rapidly, and is completed
letin of the Texas Section of the Climate and Crop Service of in
a few seotions generally yield considerably below the average the
the Weather Bureau for the week ending October 7 referred crop Is being marketed as fast as gathered top crop poor.
Florida.— Early part of week unfavorable for picking ootton muoh
to cotton as follows
damaged by rain picking progressed fairly well latter part of week
In a great many sections in the central portion of the State picking
—
;
;
;
;
;
;
:
;
;
have been abandoned to
stock. Complaints of an unusually light yield of cotton continue to be
received, and but few oases are on record where the crop has turned
out satisfactorily. A few young bolls are appearing on early-planted
cotton, but the season will hardly allow them to mature. Boll weevil
and army worms are seriously damaging late ootton, and all indications point to the fact that little or no top crop will be made.
India Cotton Movement from all Ports.— The reoelpts
of ootton at Bombay and the shipments from all India ports
for the week ending Oct. 10, and for the season from Sept. 1
to Oct. 10 for three years have been as follows:
cotton has been completed and the fields
1901.
Receipts at—
Week.
1899.
1900.
Since
Since
Week.
Sept. 1.
Sept. 1.
Week.
bulk of cotton open and in many seotions half has been pioked.
Alabama. -Cool weather retarded opening of cotton, frost slightly
damaging In northern counties; ootton about two-thirds gathered,
yield continues light some fields grading low.
Mississippi —Ootton oontinued to open rapidly light top orop
picking well advanced except in a few counties where labor is scarce.
Louisiana.— Cotton picking has progressed rapidly and In some
places the bulk of the orop has been gathered yield better in some
localities and poorer in others than anticipated, but generally light.
Texas.— Cotton picking oontinues uninterruptedly, and in many
seotions is finished; destruction of young bolls bv weevils prevails
generally poor prospects for a top crop.
Arkansas.— Cotton continues opening rapidly, most all open in
localities; many fields can be cleaned at the first picking; picking Is
being pushed.
Tennessee. Cotton picking in rapid progress.
Oklahoma and Indian Territories.— Cotton pioklne continues to
progress rapidly about three-fifths of the orop seoured yield very
light ootton gathered In good condition.
These reports are summarized as follows
The weather has been exceptionally favorable for cotton picking,
except that this work was retarded over Southern Alabama and Eastern North Carolina by rains. Pioklng has progressed rapidly, is well
advanoed everywhere, and the bulk of the orop has been gathered in
Oklahoma and Alabama. In Texas ploking has been completed in
many sections. Weevils are destroying young bolls In Texas. The
outlook for a top crop is poor.
;
;
;
;
;
—
Since
Sept.l.
;
;
;
Bombay
49,000
13,000
5,000
For the Week.
19,000
4,000
Since September
39,000
1.
Exports
from—
Great
Britain.
Continent.
Total.
Great
Britain.
Continent.
Total.
Bombay—
1901
1900
4,606
....
Calcutta—
1901
1900
189a
i'.obo
i'.obo
10,000
36,000
2,000
10,000
40,000
2,000
3,000
3,000
1,000
3.000
3,000
1,000
Madras—
1901
1900
1899
1,000
1,000
1,000
i'.obo
14,000
12,000
7,000
14,000
12,000
7.000
28,000
61,000
11,000
28,000
55,000
11,000
All others—
1901
1,000
2,000
1900
1899
Total all1901
1900
1899
....
1,000
3,000
1,000
2,000
1,000
3,000
4,000
Jute Butts, Bagging, Etc.— During the week under review, jute bagging has been in very light demand, with prices
6c. for \% lbs. and 6%c. for 2 lbs.,
as last quoted, viz
:
standard grades. Car-load lots of standard brands are quoted at 6}yg@63^c., f. o. b., according to quality. Jute butts
dull at 1}|@1%c. for paper quality and 2%@2%a. for bagging
quality.
—Mr. Fr. Jac. Andres, for many years connected with the
cotton trade in New York but latterly located in Boston,
died at Carlsbad, Germany, on Sept. 20th. The business of
the firm will be continued by the surviving partners, Messrs.
Eugen C. Andres and Fritz H. Andres.
:
Shipping inews.— as shown on a previous page, the
exports of ootton from the United States the past week have
reached 165,767 Dales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
New York—To
Total bal*$.
Liverpool, per steamers Cymric (additional),
510 ...Georgio, 7,160
To Hull, per steamers Ohio, 1,800. ...Toronto, 275
To Manchester, per steamer Cyprian Prince, 129 Sea Island
To Bremen, per steamers Grosser Kurfurst, 2,512
H. H.
Meier, 3,051
per
Antwerp,
steamers
Hugo,
To
St.
200
Zeeland, (addi-
327
To Copenhagen, per steamer Alexandra, 500
To Barcelona, per steamers Buenos Aires, 1,775
To Genoa, per steamer Trave, 731
To Naples, per steamer Lombardia, 300
New Orleans—To Liverpool—Oct. 7—Steamer Astronomer,
tional),
7,670
2,075
129
5,563
527
600
1,775
731
300
6,854 ...Oct. 8-Steamer William Cliff, 6,136
12,990
To Manchester— Oot. 11— Steamer Elswick Lodge, 4,262... 4,262
To Havre— Oct. 5— Steamer Easkaro, 5,000
Oot. 8—
Steamer Ethelreda, 2,000.. ..Oot. 10 -Steamer Ogono,
6,650
13,650
To Dunkirk— Oot. 11— Steamer Hermann, 3,100
8,100
To Rotterdam— Oot. 7—Steamer Trevelyan. 100
100
To Baroelona -Oot. 8-8teamer Miguel M Pinillos, 4,600.. 4,6u0
To Genoa— Oot. 10—Steamer Otaneda, 9,150
9,150
Qalvebton—To Liverpool— Oot. 5— Steamers Serra. 3,834
3,834
To Manchester— Oct 10—Steamer Saturnlna, 4,922
4,922
To Belfast- Oot. 5— steamer Ramore Head. 1,950
1,950
To Havre -Oot. 5— Steamer Mohawk, 14,894
14,894
To Bremen— Sept. 30—Steamers Helgoland. 14,650; Nereo,
13.041
To Hamburg- Oct. 7— Steamer Dardania, 1,100
To Genoa—Sept. 30— Steamer Alexander Blxlo, 3,048
27,691
1,100
8,018
October
THE CHRONICLE.
12, 1901.]
799
Speculation in wheat for future delivery has been moderand there has b*-en b< me improvement in values.
from the United Kingdom markets reported
advices
cable
The
5,904
6,90*
higher prices during the early part of the week; the improveTo Manchester -Oot. 5— Steamer Velleda, 6,290 upland
6.581
and 285 Sea Island
ment in the foreign markets, coupled with reports of good
6,100
To Bremen-Oot. 9— Steamer Elwlok, 6.100
100 buying and firmer markets in the Southwest, had a strengthTo Antwerp— Got. 9- Steamer Klwlok, 100
To Barcelona— Oot. 5— Str Brlardale (additional), 1,800... 1,800 ening itliuencein speculative circles, and induced fair buyWilmington—To Bremen -Oot. 9- Steamer OratUorue, 9,010.. 9,010 ing by shorts to cover contracts; this demand found only
5,322
To Ghent-Oot. 9— Steamer Nauarluia, 5,322
limited offerings, and with the upturn to prices there
Boston— To Liverpool- Oot. 5—Steamer Turooman, 013
buying for investment account.
2,958 also developed some
Oot. 8— 8teamer New England, 2,315
1.431
Balttmorb— To Liverpool— Oct. 4 Steamer Indore, 1,431
Wednesday and Thursday, howevtr, there dtveloped
200 an eai-ier tone, and part
To Hamburg -Oot 2—Steamer Belgravla. 200
of
the
improvement was
Philadelphia— To Rotterdam— Sept. 18— Steamer Canadian,
short
interest
appeared
be fairly well covered
to
lost.
The
200
200
200 and the investment demand was largely satisfied; there was
San Franoiboo-To Japan— Oot. 5-8teamer Peru, 200
500 some pressure to sell by recent bnyers to realize profits, but
Taooma— To Japan— Oot. 10— Steamer Braemer, 500
165,767 they found only a small demand. The crop movement in the
Total
Northwest has continued heavy, and favorable progress is reCotton freights at New York the past week have been
ported with the new crop in the winter-wheat belt. Business
in the spot market has been more active, exporters being
lutt. Wtdnet Thurt.
ifon.
Matur.
fair buyers during the latter part of the week at interior
12i*
markets; prices have followed futures. To-day there was
15
15
15
15
"TtT
A
Llverj pool
20*25 80*25 20925 20925 20925 20925 a moderately active and firmer market. The spot market
c
Havre
17%-20 17*9-20 17%-20 17%-20 17%-iO was firmer but demand was limited.
18
c
Bremen
DAILT OLOSINO PRIOBS OP NO. 2 BBD WHITER IN NK
YORK.
19920 19320 19920 19920 19920
19320
Hamburg
c.
Mon. Tuet. Wed. Thurt. Fri.
sat.
28
28
28
28
28
28
Amsterdam
c.
Gash wheat f. o. b
74%
75 "a
76%
75%
76%
753s
22%
22%
22%
22%
22% Oot.
22%
Rotterdam
c.
delivery In elev
72%
73%
74%
73%
73%
73 %
15
15
16
15
15
74 *a
15
Antwerp
t.
Deo.dellverylnelev
76
75%
753s
75%
75%
77%
78%
79%
78%
78%
78%
21%
21%
21%
21%
21% May deUvery In elev
Ghent, v. Antw'p.e.
21%
DAILT OLOSINO PRICES OF NO.
FO. 2 SPRING I
CHICAGO.
82
82
32
32
32
82
Reval, v.Br-Hame.
Sat.
Hon.
Tuet.
Wed. Thurt.
Fri.
27
27
27
27
27
27
Do v. Hull... e.
67%
67%
68%
Oot. delivery In elev
67%
68%
675a
32
32
82
32
32
32
69
70%
69%
Do v. Canal.. c.
Deo. delivery In elev
69%
69%
70
72%
73%
73%
72%
73%
723s
20*25 20»25 20925 20325 20925 20925 May delivery In elev
Genoa
e.
Indian corn futures have been quiet and there has been a
28
28
28
28
28
28
e.
Trieste
fractional decline in prices. The movement of the crop has
Quotations are cents per 100 lbs. or fraotlona of a penny per lb.
Liverpool.— By oable from Liverpool we have the follow- been only moderate, but owing to the very moderate cash
demand, available supplies are gradually increasing, the visiing statement of the week's sales, stooks, Ac, at that port,
ble supply, as published on Monday, showing an increase of
one- half million bushels. Cable advices have reported quiet
Sept. 20
Oct. 4.
Oct. 11
Sept. 27.
foreign markets, and the export demand has been light. Durbales.
83,000 ing the latter part of the week there was a general disposi35,000
47,000
71,000
Sales of the week
3,300
1,900
2,800 tion shown to await the monthly Bureau report to be pub1,400
Of which exporters took...
3,400
6,100
1,200
1,200
Of which speculators took.
63,000
68,000 lished on the afternoon of the 10th inst. It was generally
Sales American
29,000
40,000
3.0O0 expected it would show an improvement in the condition
6,000
5,000
4,000
Aotual export
67.0O0 during September of possibly 3 or 4 points.
36,000
55,000
Forwarded
57,000
Therepoit
170,000
267,000
259,000 220,000
Total stock— Estimated
189,000
190,000
153,000
109,000 showed an increase of only four-tenths of a point, and prices
Of whloh American— Est' d.
19,000 made a slight advance, closing steady. The spot market was
16,000
55,000
21,000
Total Import of the week.....
14,000 firmer but quiet.
15,000
52,000
10,000
Of whieh Amerloan
118,000
69,000
85,000
70,000
Amount afloat
DAILT OLOSINO PRICKS OF NO. 2 MIXED CORN IN
YORK.
61.000
63.000
103.000
25,000
Of whloh Amerloan
Sat.
Mon. Tuet.
Fri.
Wed. Thurt.
The tone of the Liverpool market for spots and futures Cash corn f. o. b
62%
62%
62%
61%
61%
62%
6088
61%
61%
60%
61%
613s
eaoh day of the week ending Oct. 11 and the daily dosing Oot delivery In elev
62
Deo. delivery In elev..... 61%
61%
61%
61%
613a
prloesof spot ootton, have been as follows.
7
62
61
May delivery in elev
62
62%
62%
62%
Total balet.
Pbnsaoola— To Antwerp-Oot. 7— Steamer Clinton, 900.
Savannah—To Liverpool— Oct 8— Steamer Duchess of York.
«.»0O
ately active,
:
m.
W
,
NEW
%
Sat'day.
Spot.
Market,
12.30 P. M.
/
Monday. Tuesday. Wed'day. Thurtd'y Friday.
Moderate
demand.
Firmer.
Easier.
Good
Good
Active.
demand.
4 27 32
43l 3a
25,000
1,000
10.000
1,000
demand.
\
Kid. Upl'dB.
Sales.
423 33
4%
8,000
15.000
1,000
Spec Aexp.
500
•»ie
15,000
1,000
4%
14.000
1,000
Futures.
Market
(
opened.
(
Market,
/
(P.M.
Barely Steady at Barely Steady at Steady at Steady at
2-64 de- 1-44 ® 8-64
•teady at 1-64 © 2-64 steady at 4-64 ad4-64 dec. advance. 4-64 deo.
cline.
advance.
vance.
Q't&st'dy Qnlet at Steady at Fev'ish at
{
Steady at
pts.
5 pts. dec. z&iii
advance.
5H
pts.
2w>4 pts.
decline.
advance.
Quiet at
1^-2^6 pts
advance. decline.
2&9
pts.
for eaoh
day are given
below. Prices are on the basis of Uplands,
clause, unless otherwise stated.
Good Ordinary
The prices of futures at Liverpool
Sat.
Get.
5.
Hon,
Toes.
Wed.
Thnrs.
Oct. 7.
Oct. 8.
Oct. 9.
Oct.
10.
Prl.
Oct. 11.
1 12% 4% 12% 4 12% 4 12% 4 12% 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.
12%
d.
Oct.-Nov
Nov.-Deo
. .
Deo.- Jan
Jan. -Feb
4
4
4
4
35
28
26
25
4 24
4
Feb.-Mcb...
Mob..- Apr... 4
April-May... 4
May- J une. 4
.
24
24
23
28
d.
4 35 4
4 28 4
4 25 4
4 24 4
4 23 4
4 23 4
4 23 4
4 23 4
4 23 4
4
4
d
d.
37 4 37 4 32
30 4 30 4 26
27 4 27 4 23
26 4 27 4 22
26 4 26 4 22
25 4 26 4 22
25 4 26 4 22
25 4 26 4 22
25 4 26 4 22
25 4 26 4 22
25 4 26 4 22
d.
d.
431
d.
d.
d.
d.
d.
d
4 37 4 35 4 39 4 44 4 43 4 42
4 25 4 30 4 29 4 30 4 34 4
4 22 4 27 4 26 4 26 4 29 4
421 4 26 4 24 4 25 4 27 4
4 21 4 25 4 24 4 25 4 26 4
4 21 4 25 4 23 4 23 4 26 4
421 4 25 4 23 4 23 4 25 4
4 21 4 25 4 23 4 22 4 25 4
4 21 4 21 4 23 4 22 4 25 4
4 21 4 24 4 23 4 22 4 25 4
4 21 4 24 4 23 4 22 4 25 4
....
32
28
26
25
25
24
24
24
24
24
4 32
4 27
4 26
4 25
4 24
4 24
4 24
4 23
4 28
4 23
....
Deo. delivery In elev .....
Friday, Oct.
11. 1901.
57%
56%
56%
56%
56%
38%
41%
38%
41%
elev.
NEW
38%
mixed In elev
No. 2 white in elev
No. 2
41
38%
41%
38%
41%
38%
41%
DAILT OLOSINO PRICES OF NO 2 MIXKD OATS IN CHICAGO.
Fri.
Wed. Thurt.
Sat.
Mon.
Tuet.
34%
35%
37%
Oot. delivery In elev
Deo. delivery In elev
May delivery In elev
84%
35%
37%
34%
35%
37%
34%
35%
37%
34%
35%
37%
34%
35%
37%
Rye has bad only a small sale, but prices have held steady.
Barley has been quiet and unchanged.
Following are the closing quotations
FLOOR.
Patent, winter.... f 3 50 ©3
f2 25 ©2 35
2 45 ©2 50
City mills, patent. 3 85 ©4
2 55 ©2 60
Rye flour .superfine 3 00 ©3
Buckwheat flour.. 1 75 ©2
2 75 f»2 80
2 90 f>3 25
Com mealStraights
Western, eto
3 10 ©3
3 25 ©3 70
3 30
Patent, spring.... 3 65 ©4 35
Brandywlne ....
(Wheat flour In sacks sells at prices below those for barrels.)
Fine
Superfine
Extra, No. 2
Extra, No. 1
Clears
Wheat, per bush,—
HardDuluth.No.l
N'thern Dul, No.l
Red winter, No. 2
Hard N. Y. No.
A fair
56%
58 %
58%
58%
57%
57%
58%
Oats for future delivery at the Western market have received only a limited amount of speculative attention. Fluctuations in prices have been narrow and unimportant. The
undertone of the market has held fairly steady. The movement of the crop has been faiily free, but with a steady cash
demand offerings have been well absorbed. Locally a fair
volume of business has been transacted in the spot market at
steady prices. To-day there was a steady market.
DAILT OLOSING PRICKS OF OATS IN
YORK.
Fri.
Sat.
Wed. Thurt.
Mon. Tuet.
May delivery In
2.
Oats— Mlx'd, p. bush.
White
BREADSTUFFS.
8
DAILT OLOSINO PRICKS OF NO. 2 MIXED CORN IN CHICAGO.
Sat.
ifon.
Tuet.
Wed. Thurt.
Fri.
55%
55%
55
55
Oct. delivery In elev
55%
55%
GRAIN.
Corn, per bush.—
Western mixed.
79%©81%
74%©7fr%
No. 2 mixed
Western yellow
74%»76%
Western white
74»*©76
Bye, per bush38 ©40
o.
e.
e.
85
30
55
35
20
o.
©62%
60%»62%
63%»64%
63%»64%
60
54 ©57
Western
59 o60
State and Jersey
59 065
Barley— Western
40%©42
52 ©58
Feedlnu
For other tables usually riven here tee vase 767.
No. 2 mixed.
No. 2 white
40 ©45
88%t>39%
volume of business has been transacted in the market for wheat flour. Buyers generally have given fairly
close attention to the situation and have placed orders for
Agricultural Department's October Report.—The resome fairly good lines. Reflecting the fairly full demands port of the Department of Agriculture for October 1 reand the upward turn to prices for grain, there has been a specting cereal crops was issued October 10, as follows
hardening of values and spring patents have advanced to
The monthly report of the Statistician of the Department of AgriLow-grade culture shows the average oonditlon of Ot rn on October 1 to have Deen
$3 75@3 80 for standard and choice brands.
Rye flour has had 52*1, as oompared with 51-7 last month, 78*2 on October 1, 1900, 827
flours have been reported moving slowly.
in 189d, and 818, the mean of the Ootober
a fair sale at steady prices. Buckwheat flour has been quiet at the corresponding date
averages of the last ten years. The reports from Indiana, Illinois.
but steady. Corn meal has sold slowly and prices have been Missouri, Kansas and Nebraska are more favorable by 2 points, and
W
:
barely maintained.
those from Ohio by 3 points, and those from Iowa by 4 points than the
-
THE CHRONICLE.
io
reports received from these States last month. On the other hand,
with the exception of Texas, where there In no appreciable change of
condition, the entire Smith reports somewhat lower averages than on
September 1, there being a decline of 2 points In North Carolina and
Louisiana, 3 In Mississippi ;m<l Arkansas. 4 In Sonth Carolina, Georgia,
Florida and Alabama, 5 In Virginia and Tennessee, and seven In Kentucky. The average for the entire oountry Is the lowest Ootober.
average ever reoorded.
The condition of corn on October 1 in the principal States
in each of the last seven years is shown in the following:
CONDITION OF CORN.
1901.
1900
Illinois
51
Iowa
Kansas
59
31
21
Indiana
51
Nebraska
Ohio
Michigan
Wisconsin
Minnesota
Texas
35
63
91
100
84
52
98
73
95
98
100
98
States.
!>)
71
75
46
54
49
93
34
57
89
76
66
69
65
69
Pennsylvania...
North Carolina.
South Dakota..
Av'ee U. 8tat«s J 52-1
1899.
86
85
81
1898.
84
80
89
58
91
57
1896.
1S97.
81
74
70
58
76
86
111
80
92
50
87
89
87
94
104
99
99
83
97
9i
85
101
98
93
101
53
95-5
72
67
83
73
74
50
62
78
66
65
80
90
93
93
83
86
76
85
97
75
68
70
83
78
84
82
75
78
79
88
81
97
96
101
90
90
97
95
84
95
90
98
82
76
82
90
77
87
84
85
81
106
101
106
102
98
97
41
80
97
100
55
76
97
84
81
82
64
95
78-2
82-7
82-0
77-1
905
92
82
93
86
81
85
90
86
78
75
73
82
68
of the various crops
AVERAGE TIELD PER ACRE— BUSHELS.
900.
1899.
15-1
15-1
251
247
296
123
144
302
20-4
25-5
1901,
Wheat
Eye
Oats
Barley
...
The average condition
shown in the following:
1898.
15-3
15-6
28-4
21-6
1897.
13-4
1896.
12-4
16-1
27-2
133
245
of corn, cotton,
1895.
13-7
14-4
29-6
26-4
25-7
23 6
1894.
132
13-7
24-5
19-4
&c, on October
1 is
CONDITION OF CROPS.
1901.
52-1
Corn
Buckwheat 90-5
Potatoes... 54-0
61-0
Cotton
1900.
78-2
728
74-4
67-0
1899.
82-7
70-2
81-7
62-4
1898.
820
76-2
72-5
75-4
1897.
77-1
90-8
61-6
70-0
1896.
905
86-0
81-7
60-7
1895.
95-5
84-8
87-4
65-1
Domestic Cotton Goods.—Tue exports of cotton goods
from this port for the week ending Oct. 7 were 2,
packages, valued at $104 726, their destination being to the
points specified In the tables below:
New York
99
96
The preliminary estimate of the yield per aoreof oats Is 25-1 bushels*
as compared with 296 bushels on Ootober i, 1900, 30 7 bushels at the
corresponding date in 1899, and 27*2 bushels, the mean of the October
estimates for the last ten years. The average for quality is 83*7,
against 892 last year, and 89-5 in 1899. [The indioated crop is 660,
756,000 bushels, against 809, 125,939 bushels in 1900 and 796,177,713
bushels in 1899.]
The preliminary estimate of the yield per aoreof barley is 24-7 bushels, as compared with 20 4 bushels on Ootober 1, 1900, 27 bushels at
the corresponding date in 1899, and 23'4 bushels, the mean of the
October estimates of the last ten years. The average for quality ia
89-2, against 82-1 last year and Si'4 in 1899. [The indioated crop is
70,631,010 bushels, against 58,925,833 bushels in 1900 and 73,381,
563 bushels in 1899.]
The preliminary estimate of the yield per aore of rye Is 15'1 bushels,
as compared with 15' 1 bushels on Ootober 1, 1900. 144 bushels at the
corresponding date in 1899, and 14 3 bushels, the mean of the Ootober
estimates of the last ten years. The average for quality is 894,
against 92 last year, and 90 in 1899. [The indioated crop is 23.5"3,
000 bushels, against 23,995,927 bushels in 1900 and 23,961,741 bushels in 1899.]
No further report on wheat will be issued pending the reoeipt of the
annual returns of individual producers and the final reports of the
Department's special agents.
The average indicated yield per acre
for a number of years is as follows:
division furnished an auction sale of some 3,700 pieces,
chiefly beavers, this week, which passed off with a fair
measure of success. Cloakings are quiet and unchanged.
Woolen and worsted dress good* have been in fair request
for staples, which are generally steady.
Fancies neglected
and irregular.
1895.
102
102
85
1S94.
64-2
72-0
64-3
82-7
Yobk, Friday, P. M., Oct.
88
52
138
3,798
1,145
79,358
5,071
85,661
7,889
18,218
1,580
5,502
48,751
7,992
2,183
209,965
China
8
India
249
521
75
32
West Indies
Central America
South America...
Other Countries.
1,020
Total
Week. Since Jan.
1.
42
12
67
1,804
1,329
140,445
10,584
25,441
3,536
22,238
2,450
9,483
34,778
7,176
2,626
259 214
110
14
812
64
345
1,160
1
of the New York exports for tne year to date
been |9,012 196 In 1901, against $11,456 413 in 1900.
Exporters have been bidding for fair-sized quantities of
brown cottons for China, but generally at prices declined by
sellers.
The home trade demand has been moderate and
chiefly for 4 yard sheetings at 4J4"c. to 4%c. per yard.
Ducks
are scarce and firm. Brown osnaburgs in moderate request.
The jobbing trade has bought bleached cottons in limited
quantities, but a considerable business has been done by the
The value
b.88
manufacturing trades, at firm prices. Wide sheetings are
scarce in most makes. Cotton flannels and blankets quiet.
Business in coarse, colored cottons is restricted by the stiffness of sellers, few of whom are carryidg any stocks, and
prices are tending upwards in some quarters. Kid-finished
cambrics are quiet at previous prices. There is a good demand for staple prints for spring; prices are very firm, with
some sellers declining forward business on present basis.
There are very small stocks on hand of either staples or
fancies.
There are no fancy calicoes shown for spring yet,
but a good business has been done in fine specialties. The
market is firm for ginghams in both staple and fine grades,
with a fair demand. Print cloths are firm at 3c. for regulars,
M. C. D. Borden buying latter up to Feb. 1 delivery. Wide
goods have been quiet on the basis of 4c. for 38-inch C4
squares.
Foreign Dry Goods,— Business in imported dress goods
has again run chiefly to thin fabrics, for which there is a good
demand. Silks and ribbons are firm with a fair business.
Linens firm with moderate sales. Burlaps continue weak
and irregular; sales limited.
Importations and Warehouse Withdrawalsjot Dry Goods.
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operatives have postponed until next week >u
a decisive vote on the course to be taken in view of the refusal of the manufacturers to advance wages. This delay is
regarded as a sign of weakness on the part of the operatives,
and the belief here is quite general that the manufacturers
will not be called upon to face the disturbing conditions of a
The effect of this has been seen in somewhat quieter
strike.
conditions in Fall Rieer, and less anxiety on the part of converters to buy brown and grey goods here. The general
market has also ruled quieter than a week ago, the impulse
given to brown cottons by the rise in raw material late last
week having died out. although at the close of the week, on
m
with cotton again stronger, there are indications of a revival.
The market gained something in tone early in the week, and ©
Ci
in one or two quarters slightly in price, and has firmly held —
to the improvement. Buyers are not showing any anxiety to ©
purchase staples forward at present prices, in spite of the in
well sold condition of the market and the reserve of sellers.
ex
Woolen Goods.— Deliveries on existing orders have fur- H
nished almost the entire movement of the week in men'sCO
wear woolen and worsted fabrics. Agents are pu9hing these •CO
forward as rapidly as possible, but not quick enough to suit
to
buyers, many of whom have jast cause for complaint on o
score of delays in delivery on the part of sellers. This
feature is telling against the re-order demand, as it is making wholesale clothiers late in showing their sample garments and in testing the spring market for them. New
business has been of quite indifferent dimensions in the
aggregate, and has again been chiefly for staple varieties.
These are frequently off the market for the time being,
owing to their oversold condition and backwardness in delivery. The general tone of the market is firm, although
there is still some irregularity in fancies. The overcoating
The Fall River
1900.
Week. Since Jan.
OS
11, 1901.
1901.
to Oct. 7
Great Britain
Other Enropean
THE DRY GOODS TRADE.
New
LXXItL
[Vol.
ao©to*-oo
ex *»
« o5x
i*.
ex ex co 05
05 ex
JO to
®
1^'covim'©
CX-0©~]«J
©©©MOO
*
§
OCTOBER
THE CHRONICLE.
12, 1901. J
Stats
ms
City
T)t?wmtnr,
Mjl
Superior, Wis— Bond Litigation.— The following dispatch
appeared in the Milwaukee " Sentinel " of Septembe r
I
WlsrUUITKIiill. Wi- Stpl. 17.-A new liana will b« I*lMd 1]
able
imnel J. Slog of Nan Fork against the city of Sapertor. and
ha n determination el l lie r one waj ui the '•! her w ill di-i Ida he legality of
r
01 bonds of the city of Hupc 01
.
-tht»tth.-L
The U»ue to be raised by the city in he def
..imare good neiiht-i as special nor general bona
provement bunds, declared by the Supreme Court to he neueral bonds, and
he City
QOw the CltJ will maintain thai even if he} ar<(
,
I
i'
i
i
TERMS OF SUBSCRIPTION
I
t
r,
i
The Investors' Supplement will be furnished without
txtra charge to every annual subscriber of the Commek cial
and Financial Chronicle.
The State and City Supplement
will also be furnished
without extra charge to every subscriber of the Chroncile.
The Street Railway Supplement will likewise be furnished without extra charge to every subscriber of the
Chronicle.
I
do not
offleials
tellevi- tliey are
tbej
-
i
I
j.
that a
aj
the
were laiuad thera wag do provision made for a levy lor paying the
-hen
bonds or for Increasing the sinking fund tear by >tar to nay tbi
become due.
due
The suit Is brought to foi 06 the pit) mint of the ootids a» the
through the lupie of Interest for mora man |U[ months.
ii
m
\
:
this suit and Judge Bunn'b decision in the case,
received the following letter from Archibald McKay, Esq., City Attorney
Regarding
we have
:
The Quotation Supplement, issued monthly, will also be
furnished without extra charge to every subscriber of the
Cltionicle.
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.
of Advertising— (Per
Terms
Inch Space.)
rranslentinatter(eaehtlme)$l 20 ThreeMonthe (13tlnies).$290O
Six Months
STANDING BUSINESS OABDB.
(26 times). 50 00
Two Months (8 times)
$22 00 TwelveMonthB(52tlmes). 8700
WKBT Si r-Kiuoit, Wl6., Oct. 4, 1801.
T
B. Datw, Co A ew York, N. 1.:
to
Leak Bras: In the notion at La Crosse before Judge
the amount of certain special improvement bonds held by ti
tilt' In that action, the Court held, that the bonds were Invalid, because
at the time of their Issue the constitutional provision requiring the
levy of a direct annual tax was not compiled with, 'there is no
lengthy decision in the matter, as at the close of the case the
directed a verdict In favor of the defendants on the grounds above
Wm.
,
Bum
O
mentioned. The whole matter was fully argued on both sides, and
there did not seem to be mnoh question lu the mind of the Court but
that the bonds were void as a general liability against the city. Notwithstanding this decision there does not seeut to be any discos. lion
on the part of the city to attempt to repudiate, bat raiher to meet the
holders of these special improvement bonds fairly, and at present the
bond committee of the Common Council is at work on the matter.
Akchibald McKay, City Attorney.
Respectfully yours,
OUR STATE AND CITY SUPPLEMENT.
With
this
number
semi-arjnual issue
ment
is
mailed to
of
all
of the
Chronicle the
the State
Bond Calls and Redemptions.
Aurora, Neb. Bond Call. —C. S. Hull, City Treasurer, hue
regular
and City Supple-
called for
our subscribers.
payment
Alabama.— Revised Constitution.— The Governor has appointed Monday, Nov. 11, as the day on which the new revised Constitution of the State, recently framed by a Constitutional Convention, will be submitted to a vote of the people for ratification. On page 2 of our State and City
Supplement, issued to-day, we treat editorially the features
of the new instrument bearing on debt and taxation.
Connecticut. Constitutional Convention Authorized.— At
the election held October 7 the proposition to hold a Constitutional Convention carried by a large majority, as did likewise the amendments to the present Constitution providing
for the enlarging of the Senate and for the election of State
officers by a plurality of the votes cast and not by a majority, as at present required.
Florence, S. C.—Wattr Bonds May be Issued.— On Oct. 7,
1901, the State Supreme Court "dismissed the case per curiam" brought by certain petitioners in Florence to prevent
the issuance of $40,000 water bonds voted at the election held
June 4, 1901. The dismissal of the case in effect, it is stated,
confirms the validity of the constitutional, amendment voted
upon in 19C0, which permits the cities of Columbia, Rock
Hill, Charleston and Florence to issue bonds outside of the
debt limit for water, sewer, gaa and electric-light plants.
On« of the points raised in the petition questioned the validity of this amendment.
It seems that the resolution providing for the amendment was erroneously made to amend
"Article IV" instead of "Article X," and the resolution was
submitted to the people in that form. The General Assembly, by an Act approved Feb. 8, 1901, ratified this amendment, setting forth, however, in the preamble that Article
IV in the joint resolution had been inadvertently written for
Article X. It was also contended that there was no registration of the voters before the election at which the bonds
were voted, as required by the Constitution.
Fort Worth, Texas.— Notice to Holders of Bonds.— Holders of Fort Worth, Texas, city bonds, any issue, are requested
to communicate with the " Secretary of the Bondholders'
Committee," care of the New York Security & Trust Co., 46
Wall Street. Those desirihg to take advantage of the
united action of the Bondholders' Committee should at once
deposit all unpaid coupons. See advertisement elsewhere on
page XII.
Frankfort-on-the-Main,
Germany.— Bonds
Listed—On
at the State fiscal agency in
New York
dated Oct. 1, 1890.
Avalon, Pa.— Bond Call.— John C. McDowell, Borough
Treasurer, has called for payment November 1 at the First
National Bank of Allegheny street-improvement bonds Nos.
8, 9 and 10, dated May 1, 1893.
Bloomington, III. Bond Call.— Herbert L. Denison, City
Treasurer, gives notice that the following bonds, issued to
pay for the deferred instalments of special taxes assessed for
various local improvements, will be redeemed by the city of
Bloomington and paid when the next annual interest thereon
Pavement on McLean Street, Chestnut Street
becomes due
to Morris Avenue; bond No. 7, series No. 4; bond No. 3,
series No. 5; bond No. 4, series No. 6 (bonds issued Oct. 15,
Pavement on McLean Street, Chestnut Street to Clay
1898).
Street; bonds Ncs. 12, 17, 19, series No. 4; bonds Nos. 19, 9,
series No. 5; bonds Nos. 4, 12, series No. 6 (bonds issued Nov.
5,1898). Bonds should be presented to the City Treasurer
or the State National Bank of Bloomington.
Chester, Pa.— Bond Call.— J. Craig Jr., City Treasurer,
called for payment September 25 at his office " Nineteenth
Street improvement bond " No. 10, dated March 20, 1891
Fairview Township, Ford County, Kan.— Bond Coll.—
Jas. C. Tuckie, Township Treasurer, has called for payment
November 1, in New York City, $13,900 Q% bonds, issued Aug.
27, 18&8, in aid of the Dodge City Montezuma & Trinidad
City bond No.
4,
:
Railroad.
Urundy County, Mo. Bond Call.— Interest ceased on September 10 on bonds Nos. 96 to 100, inclusive, of $1,000 each,
and Nos. 101 to 108, of $500 each.
Harrison ville, Mo. Bond Call.— Bonds Nos. 2 to 24, dated
Oct. 1, 1893, were called for payment Sept. 1, 1901. Interest
was at the rate of 5g. Denomination of bonds, $500.
Las Vega?, N. Mex.— Bond Call.— This city called for payment September 18 at the Chemical National Bank, New
York City, town-hall bonds dated July 1, 1891, payable July
1921, but subject to call after July 1, 1901.
Martinsburg, W. Ya.—Bond Call—The Board of Refunding Commissioners called for payment October 1, at the
Merchants' & Farmers' Bank in Martinsburg, all outstanding
bonds of this city.
Mound City, Mo.— Bond Call.— Interest ceased September
1 on bond No. 10, in denomination of $1,000.
Multnomah County, Oregon. Warrant Call. Thomas
Scott Brooke, County Treasurer, has called for payment
county warrants Class 36 drawn upon the general fund that
were presented and indorsed "Not paid for want of funds"
from July 3, 1900, to July 31, 1900. both dates inclusive.
Park County (Mont.) School District. No. i.—Bond Call.
1,
—
— E.
is^
M. Sybert, District Clerk, has called for payment October 20 at the Hanover National Bank, New York City, $20,000 1% bonds, issued Sept. 1, 1891, and now subject to call.
Washington.— Warrant Call.- State Treasurer Maynard
has called for payment October t general fund warrants Nos.
78,273 to 79,134, inclusive. The amount of the call is $100,739 79.
West Virginia.— Bond Call— The Commissioners of the
Electric-light Loan called for payment October 1 at the
Bank of the Ohio Valley the following bonds Nos. 6, 15, 19,
41, 45, 47, 72, 76, 88 and 95, of $100 each; Nos. 127, W), 138,
150, 151, 152, 159, 178, 181 and 197, of $500 each, and Nos. 205
and 210, of $1,000 each.
York, Pa.— Bond Call.— The following bonds have been
called for payment October 1 at the City Bank of York: Nos.
some novel features. Loving County, after selling the bonds, was disorganand became attached to Keeves for Judicial and other purposes, and the
holder of the bonds mow seeks to hold KeevesCounty responsible for the debt.
1 to 15, 17 to 20, 22 to 26, 28 to 34, 36, 38 to 41, 43 to 51, 53, 54,
Bonds called
59 to 61 and 67 to 73, all numbers inclusive.
are of series I, issued Oct. 1, 1891.
Oct. 9 the Governors of the NewYork Stock Exchange listed
M15,COO,000 D. R. W. (German imperial currency) SU%
bonds (lean of 1901) of the city of Frankfort-on-the Main,
Germany. For purposes of dealing therein 4 reichsmarks are
to be considered the equivalent of one dollar. For further
details see item
on page
763.
Va— Railroad Stock Sold—This
county has accepted the offer of the Morgantown & Kingwood Railroad Company to purchase 450 shares (par value
$45,000) of the company's stock which the county owned for
Monongalia County, W.
134,000.
Reeves County— Loving County, Texas.— Bond Litigation.
following is taken from the Galveston " News :"
—The
BL J' A ? 0, Texas. Sept. 85 —Suit has been filed in the Federal Court here by
allcnal Bauk
°J Commerce of Kansas Cltv atratnst Keeves County for
»».7uo, representing the total principal and interest of six H.OOo bonds issued
six years ago by Lovinu County to build a court house. The suit possesses
.v.
ized
:
THE CHRONICLE.
802
Bond Proposals and Negotiations
week have been
this
as follows
Akron, Ohio. Bond Sale Enjoined.— We are advised by
Chaa. H. Isbell, City Clerk, that the city has been temporarily enjoined from issuing the $168,000 A.% funding bonds, the
eale of which was advertised to take place to-day.
Albany, N. Y.— Bonds Authorized.— The City Conn cil has
passed an ordinance providing for the issuance of $55,000
8}4<& 1-20-year (serial) Manning Boulevard bonds.
Allegheny, Pa. Bond Sale.—Oa October 7 the six issues
of 3%* bonds, aggregating $1,098,000, were awarded to Farson, Leach & Co. and N. W. Harris & Co. of New York City
at their joint bid of 102*025— an interest basis of about 3"288^.
Following are the bids
:
:
Farson. Leach A Co.. N.iT
N. W. Harris * Co., New York
Dick Bros. 4C«., J Mills
Lamprecht Bros. Co., Cleve..
Denlson, Prior & t'o.. Oeve...
Jas. Carothers & Co.. N. Y
.
)
J
5
>
M tW£>
SO r Lawrence Barnum & Cc.N.Y.
wi
O'Connor* K abler. New York > 101-648
n. Lee Anstey. New York.
)
10222
Donilnlck & Donilnlck. N. Y.... 101 "09
.101'(6
W.J. Hayes* Sons. Cleve
,
,
.
102-09
Kountze
llros.,
New York
E. B. Sinitb, Philadelphia
)
mrciia
41H
luu
J
[Vol. LXXIII.
August 24 have been taken by the Permanent School
Fund.
Caldwell, Ohio.— Bonds Voted—The election held September 14 resulted in favor of issuing the $5,500 electric-lightplant-improvement bonds by a vote of 135 to 20.
Cambridge, Minn.— Bonds Voted.— This village has voted
toissue $11,500
20-year water bonds.
The election was
held on Sept, 17, 1901.
Camden, N. i.—Bond Sale.— The City Council has passed
a resolution providing for the sale of $10,700 improvement
certificates to the Sinking Fund Commissioners.
Canton, Ohio. Bond Offering.— Proposals will be received
until 12 M Oct. 28, by C. C. Loyd, City Clerk, for the fol-
H
.
lowing bonds
$20,000 16 year sanllary-plant bonds. Denomination, $l,f)00; date, Oct. 21, 1901.
2,000 1-6-year (serial) Erie Street bonds. Denomination, MOO; date, Sept. 2.
4,000 1-5-year (serial) Henry Avenue bonds. Denomination, $800; date.
Sept. 2, 1H01.
3,600 1-6-ycar (serial) Allen 8treet bonds. Denomination. $700; date, Sept. 2,
Interest
5 per cent
on all the above securities must not exceed
and will be payable semi-annually at Kountze
For full description of bonds see Chronicle Oct. 5, p. 749, Bros.,
New York City, or at the office of the City Clerk.
and Sept. 28, p. 088.
Separate bids must be submitted for the sanitary -plant
Allegheny (Pa.), Fifteenth Ward School District.— Bond! bonds. All
proposals must be made on blank forms, which
Election. — At the November election (November 5) the quesmay be obtained
tion of issuing $50,000 school-house bonds will be submitted
to a vote of the people.
Alliance, Ohio.— Bonds Authorized.—The City Council
has authorized the following bonds
:
$500 if 1-6-year (serial) First Alley assessment bonds. In denomination of
$100.
North Union Avenue assessment bonds, in denomination of $1,000
and maturing $2,000 each in 1902, 1903 and 1904, and $3,000 each in 1905
and 1900.
Securities are all dated Nov. 9, 1901, and the interest will
12,000 i%
be payable semi-annually at the office of the City Treasurer.
Alton (111.) School District.— Bond Election.— An election
will be held October 15 to vote on the question of issuing
$50,000 high-school-building bonds.
Asbnry Park, N. J.— Bond Sale.— Following are the bids
received October 7 for the $18,000 4£ 30-year library bonds described in last week's Chronicle
105-00
Andrew Robertson
W. R. Todd'&ICo.. Cincinnati... 102-75
102-07
Penbale & Fisher. New York. .10360 Jno. O. Everltt & Co.. N. Y
Edw. C. Jones & Co.. New York.101-50
Lawrence Barnum Co., N. Y. 103-55
N. W. Harris & Co., New York. .103 49
Walter Stanton & Co.. N. Y
100155
:
. .
Sc,
O'Connor
&
Kahler,
New
York. 108-033
Athol, Mass.— Loans Authorized.— At a special town meeting held recently, the Treasurer was authorized to borrow
$5,000 to meet appropriations and to issue $15,000 notes or
bonds for grade crossings.
Baraboo, Wis.— Bond Election. An election will be held
November 5 to vote on the question of issuing $60,000 water-
—
works bonds.
Belle Vernon, Pa.— Bonds Defeated.—-This borough has
voted against the issuance of bonds for street paving and for
sewering.
Bellevue, Ohio.— Bonds Voted. —On September 23 the question of issuing $25,000 bonds as a bonus to secure the location
of a steel plant in this village was submitted to the people
and carried by a majority of 630, there being only 73 votes
cast against the proposition.
Belview, Redwood County, Minn.— Bond Offering.— Pro{>osals will be received until 8 p. m., October 19, by the Vilage Council—A. O. Gimmestad, President— for $3,500 i%
5-10-year village-hall bonds. Securities were authorized at
the election held September 28. They are in denomination
of $350. Interest will be payable semi-annually.
Heiuidji (Minn.) Independent School District.— Bond
Offering.— Proposals will be received until 7 p. m., October
28, by D. C. Smyth, Clerk of the Board of Education, for
$12,000 5# 10- year bonds. Securities are in denomination of
$500 and the interest will be payable semi-annually. A certified check for $500, payable to the Board of Education,
from the City Clerk. Blank bonds are to
be furnished by purchaser, who will also be required to pay
accrued interest. A certificate of deposit for $500 from
the First National Hank of Canton must accompany proposals.
Carleton, N.
B.— Debenture Safe.— This municipality has
sold an issue of $10,000 4% debentures to the Central Canada
Loan
Savings Co., Toronto, at 100*21 and accrued interest.
An offer of 100*11 was also made by G. A. Stimson Co. of
&
&
Toronto.
—
Carthage, Ohio. Bond Offering. Proposals will be received until 12 M., November 6, by L. Hall, Village Clerk,
for the following bonds
:
and Taylor Street bonds, nine of which
are in denomination of $440 each and one for $433 90.
710 95 5% 1-10-year (serial) West Railroad Avenue bonds, nine of which are
in denomination of $70 and one for $80 95.
$4,393 90 6* 1-10-year (serial) Jackson
Securities are dated Nov. 6, 1901. Interest will be payable annually at the German National Bank, Cincinnati.
The amount of the bonds may be reduced if any of the assessments (in anticipation of the collection of which these
bonds are to be issued) are paid in cash before bonds are
placed.
Central, Gilpin County, Colo.— Bond Offering.— Proposals
will be received until 12 m., October 15, by M. K. Sullivan,
City Treasurer, for $30,000 i%% 10-15-year (optional) coupon
refunding water bonds. Twenty bonds are in denomination
of $500 and twenty of $1,000 each. Interest will be payable
semi annually at the office of the City Treasurer. The total
bonded debt, including this issue, is $40,000 and the warrant
debt is $20,000.
Charlotte, Mich.— Bonds Voted.—This city on September
30 voted to issue $30,000 sewer and $20,000 water bonds.
Childress (Texas) Independent School District.— Bonds
Approved.— An issue of $8,000 school house bonds has been
approved by the Attorney- General.
Clearfield (Pa.) School District.— Bond Safe.— This district has sold an issue of $36,000 %}4% 8-30 year (optional)
school bonds, $20,000 at par to the County National Bank of
Clearfield and the remaining $16,000 to local investors at
100-25.
—
Colchester, Conn. Bonds Voted, At the recent town
meeting the issuance of $23,000 refunding bonds was authorized.
Collinsville,
loan of $5,000
Conn.— Loan Authorized.—An eight months'
was authorized at the recent town meet-
ing.
—
Colorado Springs, Colo.— Bonds Re-awarded. This city
must accompanv proposals.
10-15-year (optional) city-hall
Bird Island (Minn.) School District.— Bonds Voted.— has re-awarded the $118,000
awarded
on
June 17 to W. J. Hayes &
(originally
bonds
This district has voted to issue $14,000 school-house bonds.
H
Sons, Cleveland) to E. H. Rollins & Sons, Boston, at 101 '504
Offering.— Proposals will be re- and blank bonds.
ceived until 12 m., Oct 15, by R. H. Kerr, Chairman Finance
Colnmbns, Ohio. Bonds Authorized.—The City Council
has
passed ordinances providing for the issuance of the folall
the
special
Committee, for
assessment improvement
lowing
bonds:
bonds that may be issued under {ordinances Nos. 80 to 97 and
(optional) Washington Avenue bonds, in denomination
4-10-year
4$
$7,000
104 to 107, inclusive, the total amount of which will probably
of $1,000,
Linwood Ave. bonds. In denomination of $500.
(optional)
4-10-year
41
8,500
be from $50,000 to $75,000. Securities will be in denomina9,000 1% 4-10-year (optional) Buckingham Street bonds.
tions of not over $500, and " will run for a period of ten
Securities are dated Sept. 1, 1901, and the interest will be
years, but may be redeemed at the option of the city at any payable semi-annually.
interest period, but if so redeemed the city shall pay as a
Concord, N. H.— Bonds Authorized.— The City Council has
the issuance of $6,000 %% "St. Paul's School Sewauthorized
bonus a sum equal to one-half the annual interest for one
erage Precinct" notes. Securities will be issued in denomicertified check for $300, payable to the Mayor and
year."
nation of $500, dated July 1, 1901. Interest will be payable
the Aldermen, must accompany proposals.
semi-annually at the office of the City Treasurer or at the
Leather National Bank, Boston. Principal will maThe offlcial notice of this bond offering will be found among Shoe
ture $500 yearly on July 1 from 1902 to 1913, inclusive. The
the advertisements elsewhere in this Department.
date for the sale of these bonds has not yet been determined.
Boonville, N. Y. Bond Election.— An election will be held
Conneant, Ohio. Bond Offering. Proposals will be rein this village on October 15 to vote on the question of issuceived until 12 M., October 21, by the Village Clerk, for the
ing $45,000 electric-light-plant bonds.
following bonds
Brewster County, Texas.—Bonds Registered.— An issue of
$17,000 b% Sandusky St. bonds of $500 each, maturing 1-15 yearly, beginning
$14,480 refunding bonds has been registered by the State
March 1, 1903.
Comptroller.
18,000 5% Buffalo Street bonds of $600 each, maturing 1-16 yearly, beginning
March
1, 1903.
Bnrleson County, Texas.—Bond Sale.—The $1,900 court20,000 6* Broad Street bonds of $500 each, maturing 1-15 yearly, beginning
house and jail -repair bonds mentioned in the Chronicle
March 1, 1903.
Birmingham, Ala.
Bond
A
&
—
:
October
t-,6(.0
5«
THE CHRONICLE.
12, 1901.]
I
I
boudslof |6t0. each, maturing
1
16 )carl>, beginning
bonds of t600r.each, maturing 1-3 ou March 1 of the
and If 17.
$1,000 Sept. 1,1908, 11.000 Sept. 1, 19U, and
maturing
bonds,
8 «60 5% sewer
1'Hik Aveuiio
vears 1907. 1W12
1600 6*
»o&0 8epl.
1.
1917.
The above bonds are dated Sept. 1, 1901, and the Interest
will be payable semi- annually at the office of the City TreasEither moDey or a check, certified by a (onneaut
urer.
bank for lOtf of the amount of bonds bid for, must accompany proposals.
Crowley (La.) School District.— Bond Sale.— An issue of
$20,000 h'/c school- house bonds has been sold to the Acadia
Bank of Crowley.
Dallas Co., Texas.— Bonds Regiatered.—The State Comptroller on September 27 registered an issue of $37,000 refunding bends of this county.
Darke County (P. 0. Greenville), Ohio.— Bond Sale.— On
October 3 the two issues of 6^ road and ditch bonds, aggregating $23,0C0, were awarded to the Farmers' Nutional Bank
of Greenville at 106-091. Following are the bids
b03
Freeport, Pa.— Bond i'ufe.-Wo are advired that the $15,000 sewer and paviDg bonds mentioned in the Chronicle
June 29 have been sold at par.
Fulton County, Qb^— Temporary I onn.— This county baa
borrowed $20,000 from the Third National Bank at 4% interest.
Gallon, Ohio.- Bonds Re -a warded.- The $4,800 4%i and
4%i street- assessment bonds awarded on Angu8t ;J1 to
lit-nison, Prior & Co., Cleveland, have been refuted by that
iirm and the bonds since re-awarded to the Ntw First Na-
$*,500
bank of Columbus.
Gates County, Wis.— Bids Rejected.— All bids, received
September 24 for the $25,000 4% court-house bonds were rejected. The bonds, we are advised, will probably Le sold at
tional
private sal*.
Grand Meadow, Mower County, Minn.— Bond Salr.— ()n
October 5 the $5,500 5% water- works bonds were awarded to
C. F. Greening of Grand Meadow at 103. Following are the
bids
:
00
00
00
68
88,768 10
23.73400
Farmers' Nat. B'k,Greeuv'le.|24,401
Hodgors A Sons.Chag. Falls.. 21,126
Uenlson, Prior * Co.. Cleve.. 23.807
Seasongood A Mayer. Clncin. 23.787
W.J. Hayes * Sons, Cleve.
Spltzer ACo.. Toledo
.
New let Nat.Bank,Columbus.t2S.716 00
First Nat. H'k. Barnesvilie
88,701 00
Keder, Holzman A Co., Cln... 2H.7O0 0O
Lamprecht Bros. Co.. Cleve. 23,077 00
ua,^30 30
P. 8. Brings A Co., Clncin..
.
.
.
.
.
For description of bonds see Chronicle September
21,
p. 628.
Delta Coanty, Texas.— Bonds Registered.—The State
Comptroller has registered an issue of $1,990 jail-repair
bonds.
Dickson, Tenn.— Bonds Voted
— At the
election held Sep-
tember 24 the proposition to issue $35,000 water and electriclight bonds carried by a vote of 218 to 41.
Dnquesne (Pa.) School District.— Price Faidfor Bonds.—
The correct price paid for the $28,0( school bonds, which
we reported in last week's Chronicle had been sold, was
$29,720 89.
Eagle Bend School District No. 73, Todd County, Minn.
—Bonds
VoUd and Sold.— This district on September 30
Greening, Gr'd Meadow .$5,666 00
6,t)27 00
Poller* Co.. Chicago
J no. Nuveen A Co., Chicago... 6,58100
C. K.
l
T. B.
First Nat. Bank, Chicago
First Nut. Bank. Auetla
r
00
5,61860
|. ,,550
I
&
A bid of $5,692 was received from Stoddard, Nye Co.,
Minneapolis, but was afterwards withdrawn. For description
of bonds see Chronicle Sept. 21, p. 629.
Grand Rapids (Mich.) School District. Temporary Loan.
The President and Secretary have been authorized to borrow $30,000 for one year at 5% interest from the Grand Rap-
—
ids National
Bank.
Greenfield, Ohio.— Bonds Defeated.— At an election held
October 1 the question of issuing $12,000 4% water bonds was
voted upon and defeated, as the proposition did not receive
the necessary two-thirds vote.
Greensboro, N. C.—Bond Offering— Proposals will be received until 8 p. M., October 25, by W. H. Osborn, Mayor,
and the Board of Aldermen, for $65,000 5g 30 year gold sewer
bonds, dated July 1, 1901, and $65,000 5% 30-year gold streetimprovement bonds, dated Jan. 1, 1901. Sixty-four bonds of
each issue are in denomination of $1,000, one of $5C0 and five
of $100 each. Interest will be payable semi-annually at the
The bonds will be certified to
office of the City Treasurer.
as to genuineness by the United States Mortgage & Tiust
Co. of New York City, and their validity has been passed
upon by James H. Caldwell, Esq., of New York City, and by
certified check on a
A. M. Scales, Esq., of Greensboro.
national bank for 2 per cent of the amount of bonds bid
for, payable to the City Treasurer, must accompany pro-
voted to issue $3,500 4% school bonds. These bonds, we are advised, are contracted for by the State of Minnesota.
East Carroll Parish (P. 0. Lake Providence), La.—
Bonds Authorized. The Police Jury has authorized the President— Robt. Nicholson to offer either at Iprivate sale or by
sealed bids the $16,500 5# gold courthouse bonds voted at the
A
election held Sept. 10, 1901. Securities are in denomination
of $500, dated Nov. 1, 1901. Interest will be payable annually on January 1 in New York City.
Principal will mature Jan. 1, 1909, but five bonds must be paid annually after posals.
Greenville, Miss.— Bend Sale.— It is stated that the $50,000
the year 1912, the bonds eo paid to be drawn by lot. All the
sewer bonds mentioned in the Chronicle September 28
5%
bonds are subject to call on January 1 of any year after 1902.
East Windsor, Conn.— Loan Authorized.—The Selectmen have been sold.
Greenville,Pa. Bond Offering.— Proposals will be received
have been authorized to borrow $10,000 to pay the running
until 12 m., October 19, by A. J. Gillespie, Borcugh Secreexpenses of the town until taxes beccme due.
El Dorado Springs Mo.— Sonets Voted.— This city has tary, for $5,000 4% 1-10-year (serial) sewer bonds. Securities
voted to issue $14,u00 10-20 year (optional) water and are in denomination of $500, dat6d Nov. 1, 1901. Interest
sewer bonds. These bonds will probably be offered for sale will be payable eemi-anrjually, free from tax. A eertified
check for $100, payable to H. A. Beachler, Borough Treasin the near future. James R. Creel is City Attorney.
Erath County, Texas.— Bonds Approved.— An issue of urer, must accompany proposals.
Halifax, N. S.- Debenture Sale.— On October 8 the $120,000
$10,000 refunding court-house and jail bonds has been ap
4% 25-year refunding and water bonds were awarded to the
proved.
Essex Junction (Vfe) School District.— Bonds Authorized. Central Canada Loan & Savings Co. of Toronto at 100-9351
At a recent meeting the issuance of bonds to refund the and accrued interest; the $8,500 4% 1-6-year bonds were
indebtedness of the district (which aggregates $2,500) was awarded on the same day to J. C. Mackintosh of Halifax, at
99*025 and interest.
For full description of bonds see Chronauthorized.
Essex (Iowa) School District.— Bond* Voted.— This dis- icle Sept. 28, p. 688.
Debenture Sale.— On October 2 an issue of $21,000 4% school
trict has voted to issue $1,200 school bonde.
Everett, Mass.— Bids. Following are the bids received re- debentures was awarded to J. C. Mackintosh of Halifax at
Principal of
1002725 and accrued interest from July 1, 1901
cently for the $18,000 4% 30-year bonds
securities will run for 25 years.
Interest will be payable
Adams A Co., Boston
113-65
112*00
Denlson. Prior A Co.. Cleve
Blodget, Merritt A Co.. Boston.. 112 58
Eliot Nat. Bank, Boston
K8-763 semi annually.
Parkinson A Burr, Boston
112'&6
Hardeman County, Texas.— Bonds Approved.—The AttorAs stated last week, bonds were awarded to Adams & Co., ney-General has approved an i8Sueof $53,000 refunding bonds.
Hartford (Conn.), West Middle School District.— Loan
Boston, at 113-65.
Falls Township, Chase County, Kan.— Bonds Proposed.— Authorized.— At a recent school meeting the District TreasCitizens of this township have petitioned the County Com- urer was authorized to borrow $10,100 to pay for improvemissioners to call an election to vote on the question of ments to school buildings.
Haskell County, Kan.— Bonds Registered.—The Topeka
issuing $37,C0O bonds for the purpose of subscribing to the
" Capital" on October 2 contained the following
stock of the Kansas City Mexico & Orient Railway.
—
—
—
—
.
:
:
Farmers vi lie, Tex.— Bonds Voted.— The
citizens of this
place have voted to issue $12,000 water-work bonds.
Fernandina, Fla.— Bonds Proposed.— The question
bonding the city for $60,000 is under consideration.
Flojd County, Ga.— Bond Election.—An election
of
will be
held in this county to vote on the question of issuing $70,000
4% 20-29-year (serial).funding bonds. If authorized bonds will
be dated Jan. 1, 19<-2.
Fort Wayne (Ind.) School District.— Bond Offering.-Proposals will be received until 2 p. m., October 24, by the Boaid
of School Trustees, for $125,000 %%% bonds. Securities are
in denomination of $1,010, dated Oct. 1, 1901.
Interest will
be payable semi-annually at the United States Mortgage &
Trust Co., New York City. Principal will mature $5,000
yearly on October 1 from 1906 to 1920, inclusive, and $50,000
Oct. 1, 1921. A certified check for $3,000, payable to the
School City of Fort Wayne, must accompany proposals.
Bonds will be certified to as to their genuineness by the
United States Mortgage & Trust Co., New Ycrk City, and
their legality has been approved by Messrs. Barrett
Morris
of Fort Wayne. The above bonds will represent the only indebtedness of the district. The assessed valuation is placed
&
at $23,984,540.
Funding bonds amonntlng to $26,000, issued bv Haskell County to take up
*32,000 in Judgments and outstanding warrants, were yesterday registered by
George K. Cole, Auditor of State. The is.-uimce of these tunning bends was
authorized by a special Act passed by the last Legislature. Neit week Haskell County will present for registration H7.000 in refunding bonds floated to
w gettmg in
redeem bonds issued during boom dais. Haskell County la
good financial shape, and expects to be able In the future to care promptly loi
its obligations.
m
Hazlehurst, Miss.— Bonds Voted.— At an election held
September 24 the question of issuing $35,000 water-works
acd electric light conds was submitted to the people and
carried by a vote of 153 to 11.
Hubbard, Ohio.— Bonds Refused.—The Lamprecht Bros.
Co., Cleveland, have refused the $8,000 4* electric-light bonds
awarded to them on July 29. The New First National Bank
of Columbus, the second bidder at the sale, were also offered
the bonds, and have likewise refused to take them, claiming
that the election was illegal.
Huntsvilie, Ont.— Debenture Offering.— Proposals will be
received until November 1 by T. il. Cullen, Town Clerk, for
$22,000 4% debentures, to mature part yearly for thirty years,
beginning Dec. 2, 1902.
Hyde Park, Mass.— Bond Sale.—Y,. H. Rollins & Sons,
Boston, were awarded on October 8 the $17,000 4% school
building bonds at 105'896 and the $60,000 4% high school-build-
THE CHRONICLE.
804
ing bonds at 106 77, both sales being on an interest basis of
about Z'11%. Following are the bids
:
Bm
A Sons. Boston
« Co., Boston
106-66
106-37
r
M.
Geo. A. lVrnald A Co., Boston
Rogers, Newman A Toliiuin, Boston
Dei Noii. Prior A Co.. Cleveland
\ Burr, Boston
i
K. i.. lay A Co., Boston..
w. Harris a Co., Boston
Adams 4 Co., Boston
Blodget, Merrltt A Co.. Boston
i
MavcH ASons. Boston
A
Co.,
105O7
i05mt
104K/I
105-811
106-78
i04-:*7
105-837
105-48
108-63
106-00
105-11
10678B
104"61
104"41
ioitss
104-11
.
ltiake Bros.
105-833
10530
106'11S
N.
w.
/(
10tV77
IM'tfH
B. U. Rollini
Boston
For description of bonds see Chronicle October
p.
000
mds.
} 00,
liT.ono
749
5,
1901,
We
are adJackson County, 111.— Description of Bonds.—
vised that the $06,000 refunding bonds mentioned in the
Ch ronicle Angnst 24 will carry 4% interest and will mature
one- twentieth yearly. The date upon which the question of
issuing these bonds will be voted upon has not yet been determined. If the election, when held, carries in favor of the
Co, of Chibonds, they will be taken by Farson, Leach
cago, who agree to pay $325 premium for the bonds.
Jackson County (P. O. Jackson), MlnD.— Bond Offering.—
Proposals will be received until 2 p. m., November 5, by the
Board of County Commissioners, for $10,000 4* 10 year jail
bonds. Securities are in denomination of $500, and will
probably be dated Jan. 1, 1902. Interest will be payable
semi- annually. P. D. McKellar is County Auditor.
Jacksonville, Ala.— Bond Offering.— Proposals will be received until 12 M., October 21, by H. L. Stevenson, Mayor,
for $8,000 5$ 20-year bonds. Interest on bonds will be payable semi-annually. The above issue will represent the total
indebtedness of the city.
J esnp, Iowa.—Bonds Voted.—This city has voted to issue
$5,000 4% water bonds. Securities will probably be in denomination of $1,000 and mature in 20 years, subject to call
after 10 years.
Golden is City Clerk.
Kansas.— Bonds Purchased.—The State School Fund Commissioners on Oct. 2, 1901, purchased $77,500 bonds, as fol-
&
Wm.
[Vol. LXXIII.
Midland, Mich.— Bond Election.— An election will be held
October 15 to vote on the question of issuing $14,800 Maine
Street assessment bonds.
Montezuma, Oa.—Bond Sale.— This
of $15,000 5% 20 year water
of Atlanta at a premium.
city has sold an issue
to Roby Robinson
and sewer bonds
Montgomery County (P. O. Dayton), Ohio.— Bond Offtring.— Proposals will be received until 12 m., October 20. by
the Board of County Commissioners, for the following
bonds
$25,000 41 4-8-y«ar (ncrlal) bridge-rest oration bonds, In denomination of $1,000'
dated Oct. 1. 1B01.
15.000 i% levee bonds, In denomination of $1,000 and maturing Oct. 1. 1910.
An unconditional certified check for $500, payable to A. G.
Feight, County Auditor, most accompany proposals for each
issue.
—
C—
Mooresville, N.
Bonds Defeated. At an election held
September 10 the question of issuing $25,000 electric light
and water bonds waB voted upon and defeated.
Moose Lake, Carlton County, Minn.— Bond Sale.—On
October 5 the $2,000 5% water- works-improvement bonds were
awarded to the First National Bank of Cloquet at par for
bonds maturing " on or before ten years after date.
Mount Calm School District, Hill County, Texas.— Bonds
Approved.— An issue of $7,500 school district bonds has been
passed upon by the Attorney- General.
Muskogee, I. T.— Bonds Voted. At the election held September 24 the propositions to issue $150,000 water and $25,000
sewer 30-year bonds carried by large majorities. An abstract
of the election and the necessary data has been forwarded to
the Secretary of the Interior for approval, after which the
bonds will be advertised for sale.
*'
—
Navasota, Tex.— Bond Election.— An election will be held
November
12 to vote on the question of issuing $15,000 4 (
40-year city-hall bonds.
Seedliam, Mass. Loans Authorized. At a recent town
meeting the Treasurer was authorized to borrow $2,850 for a
steam roller, $1,500 for highways and $l,0CO for road pur-
—
poses.
Mew Barnesville Independent School District. Clay
lows
Crawford County, Walnut Township, $3,500; Clay County, Minn.—Bond Sale.—On October 2 $4,000 4)4% 10County, Chapman Township, $15,000; Oakland Township, year bonds were awarded to R. V. Montague & Co., Kansas
$14,000: Stafford County, Cooper Township. $16,000; Reno City, at 101-375 and blank bonds. Following are the bids
County, Hutchinson, $25,000; Pottawatomie County, school R.V.Montague A Co., K. City*$4,066[00 Kane A Co.. Minneapolis
'$4,010 00
district No. 100, $1,000; Cherokee County, school district T. B. Potter A Co.. Chicago... •4,077 00 S. A. Eean. Chicago
"1.O05OO
Minn'lis..
4,000 00
Devltt, Tremble A Co.. Chic.
4,056 CO Minn. L'n A Tr. Co.,
No. 105, $1,600; Osborne County, school district No. 50, $800; Trowbridge
A Niver Co.. Chic. 4.043 00 Thompson, Tenney A Craw"Wilson County, school district No. 27, $600.
4,000 00
lora Co., Chicago
Stoddard, Nye AlCo., Mlnn....*i,0i6 CO
Kosse (Tex.) School District—Bonds Defeated—This dis* And blank bonds.
trict on September 17 voted against the issuance of $5,000
New Bedford, Mass.—Loan Authorized.— A loan of $200,school-house bonds.
000
in anticipation of the collection of taxes has been authorLa Crosse, Wis.— Bond Sale.—The $15,000 street-improvement bonds mentioned in the Chronicle Aug. 24 have been zed.
Newell, Iowa.— Bond Election.— At the November election
sold to N. W. Harris & Co., Chicago, at 100-27.
question of issuing $5,000 5$ 10-year bonds will be subthe
September
28
the
Bond
Sale.—-On
$110,Longmont, Colo.—
mitted
to a vote of the people. Bonds to the amount of $5,0C0
000 4% ] 0-15-year (optional) water bonds were awarded to
the Society for Savings, Cleveland, at 98}£. The other bid- were voted some time ago and were awarded to the Farmers'
however,
ders were the Farmers' National Bank of Longmont, which Loan & Trust Co. It was afterwards discovered,
manner in which the
institution offered $105,611 for the bonds, and Emerson & that there was a technical defect in the
Buckingham of Longmont, who offered $105,600 for the same. bonds were voted, making necessary a new election, which
For description of bonds see Chronicle ^September 21, 1901, has been called as above. If authorized, the bonis will be
:
:
.
p. G29.
Longview (Texas) School District.— Bonds Registered.—
An
.
again offered for sale. Geo, W. Chaney is Town Treasurer.
Newport, R. I.—Bond Election Authorized.—The City
Council has authorized an election to vote on the question of
issuing $100,000 30-year high-school bonds.
Newton County (P. 0. Kentland), Ind.—Bond Sale.— On
October 7 the $44,800 4}ii Iroquois Township stone- road
issue of $1,550 school-house bonds has been registered.
Los Angeles, Cal.— Bond Offering.— Proposals for the $2,000,000 %%% water bonds voted at the election held August
28 will be received until 11 A. M., October 21, by C. H. Hance,
Indianapolis, at
City Clerk. Securities are in denomination of $1,000, dated bonds were awarded to "J. F. Wild & Co.,
Oct. 5, p,
Chronicle
bonds
see
of
description
101-138.
For
Oct. 1, 1901. Interest will be payable semi-annually at the
Principal will mature $50,000 750.
office of the City Treasurer.
Newton County, Texas.—Bond Election— On November^
yearly on October 1 from 1902 to 1941, inclusive.
of issuing
Lyons. Micb.— Bond Sale.— We are advised that the $2,500 an election will be held to *vote on the question
bonds.
$25,000
5$ 25-year electric-light-extension bonds, mentioned in the
Chronicle September 21 have been sold.
Niagara Falls, N. T.— Bond Offering,— Proposals will be
Madison, Neb— Bonds Voted.— At the election held Sept- received until 8 p. m., October 18, by the Board of Public
ember 24 the proposition to issue $5,500 5% 10-20 year (opWorks, for $115,000 4% sewer bonds. Securities are in detional) water-extension bonds was favorably voted upon.
nomination of $1,000. Interest will be payable semi-annuTh^ date for the sale of these bonds has not yet been fixed.
Mansfield, La. Bonds Voted.— At the election held Oct. 3 ally at the Hanover National Bank, New York City. Printhe proposition to issue $13,500 water- works and electric- cipal will mature Nov. 1, 1921. A certified check for $5,750,
light bonds was favorably voted upon.
of Niagara Falls, mutt accompany proMantua, Obio. Bond Offering. Proposals will be received payable to the City
until 12 m., October 15, by the Village Clerk, for $16,000 posals.
water bonds. Securities are in denomination of $500. InThe official notice of this bond offering will be found among
terest, at a rate not exceeding 4)4$, will be payable April 1
the advertisements elsewhere in this Department.
and October 1 at the Central National Bank, New York City.
Niles, Mich.— Bond Election,— The City Council has called
Principal will mature $500 each six months from Oct. 1, 1904,
election to be held October 23, to vote on the question of
an
With each bid ;must be enclosed a certifito April 1, 1920.
issuing
$20,000 public-improvement bonds.
cate of Crafts, Hine & Co., Mantua, showing that $500 has
Ohio.— Bond Offering.— Proposals will be received
Niles,
been deposited, the same being made payable to the Village
to mature in
—
Clerk.
—
Marion County, Texas.— Bonds Registered. The State
Comptroller has registered $7,000 refunding bonds.
Miami County (P. 0. Troy), Ohio.— Bond Sale.— On October 5 the thirteen issues of 5% ditch bonds, aggregating $25,000, were awarded to the Troy National Bank at 103 '416.
Following are the bids
until Oct. 21 for $5,000 5% water-extension bonds,
Interest on these bonds will be payable semi-annually
1904.
on April 1 and October 1.
Norwood, Ohio.— Bond Offering— Proposals will be received until 12 M., Oct. 18, by W. E. Wichgar, Village Clerk,
at the office of William R. Collins, Room 505 Johnston
Building, Cincinnati, for the following bonds
.
:
Troy National Bank
1'iqua Nat Bank. Piqua.
$25,854
25,640
Keaer. Holzman * Co., Cln.... 25.2K2
J. Hayes * Sons, Cleve...
25,247
w
-
The
.
17
00
50
00
I
1
I
I
First Nat. Bank,
Troy
$26,202 00
Denlson. Prior A Co.. Cleve.. 26,20100
New 1st Nat. B'k, Columbus 25,106 uO
Seasongood A Mayer. Clncin. 25,100 50
.
First National Bank of Barnesville offered to Lake the
bands on a
basis less $20.
For description of bonds see
Chronicle Sept. 28, p. 689.
4^
$5,807 73 6* 1-10-year Floral
Avenue assessment bonds, dated
Sept. 20, 1901.
This amount may be reduced If any assessments are paid in cash.
17,818 24 4% 26-year refunding bonds, dated Oct 1, lwol. These bonds are in
denomination of $500, except one bond, which is for $318 24.
A
H
of the amount of bonds, payable
certified check for
to the Village Clerk, must accompany proposals for each of
the above issues.
OCTOBEB
Ifi,
THE CHRONICLE.
1001. J
Bonds Voted.— At the election held September 30 the proposition to issue $50,000 electric- light-improvement bonds was
favorably voted npon.
Ocouto, VI in.— Bond Election.—- An election will be held in
this city to vote on the question of issuing $21,000 refunding
bonds.
Oswego, N. V.— Votes to Purchase Water Plant.—This city
has voted to purchase the existing water plant, for which
purpose $550,000 Z%% 20-year bonds will be issued. We are
advised, however, that it will be some time before the bonds
will be ready for sale.
Palo Pinto Count j, Texas.— Bonds Approved.— The Attorney-General has approved an issue of $32,000 refunding
bridge bonds.
Phoebus, Vs.— Bonds Proposed.— The issuance of $6,000
sewer bonds is being considered, but it will be a month or so
before the matter takes definite shape.
Pittsfleld, Mass.— Loan Authorized. The Aldermen have
authorized a loan of $10,000 to pay certain temporary sewer
bonds.
Plcasantville, Westchester County, N. Y.— Bond Offering.
Proposals will be received until 7 p. m., October 15, by
Wm. S. Moore, Village Clerk, for $25,000 registered water
bonds. Securities are in denomination of $1,000, dated Oct.
Interest (rate to be named in bids) must not exceed
1, 1901.
5Jt and will be payable semi-annually at the United States
Mortgage & Trust Co., New York City. Principal will mature $1,000 yearly on October 1 from 1906 to 1930, inclusive.
Securities are issued under the authority of Chapter 414,
Laws of 1897, and Acts amendatory thereto. They will be
certified to as to genuineness by the United States Mortgage
Crust Co., and their legality has been approved by J. H.
Caldwell, Esq., of New York City.
certified check for
$1,000, payable to Albert See, Village Treasurer, must accompany proposals. The village has no debt at present and the
assessed valuation is placed at $974,174 and the actual value
is estimated at $1,298,898.
Pocahontas, Iowa.— Bond Offering—This place has decided
to issue $4,500 4:,' 10-20-year (optional) water-works bonds.
Proposals for these bonds will be received at any time.
Portage. Wis. —Bond Sale.
The $42,500 waterworks
bonds mentioned in the Chronicle August 24 were sold on
October 1 to a local bank.
Port Dickinson, N. Y.— Bonds Voted.— We are advised
that this village has voted to issue $10,000 water-extension
bonds.
(£nanah, Texas.— Bond Offering Withdrawn.— We are advised oy John L. Elbert, Mayor, that the offering for sale by
—
—
A
—
this city of $8,000 6# 5-30-year (optional)
bonds (mentioned in
the Chronicle August 3) has been .withdrawn. These bonds
were submitted to the State Attorney- General for approval,
who raised some technical objections to the notice given at
the time the bonds were voted. The City Council has determined, therefore, to repeal the ordinance authorizing the
bonds and to go over again the entire proceedings and also
make certain changes in the description of the bonds. This
necessitates a new election before bonds can be issued.
Randolph County, 111.— Bond Election. An election will
be held November 5 at which the question of issuing $60,800
A% bonds to pay outstanding indebtedness will be submitted
to a vote of the people.
Refagio Coanty, Texas.— Bonds Voted.— This county has
voted to issue $5,000 bridge bonds.
Richmond, Ind. Bonds Authorized. The issuance of
$l,Tu0 5# improvement bonds has been authorized.
Richmond (Mo.) School District.— Bond Sale.— We are
advised that the $3,500 school bonds mentioned in the Chronicle June 20 have been sold to local banks.
Saginaw, Mich.—Bond Sale.—On September 28 $0,000 4$
1-10-year (serial) bonds were awarded to the Second National
Bank of Saginaw at 100'75. Following are the bids
SeondNat. Bank of Saginaw. ...$(3,015 Geo. Hol3tein&Co.,Washlngton.t6,010
—
—
:
l
Bank uf Saginaw
6,027
Securities are in denomination of $600 and the interest
will be payable semi annually.
St. Clairsville, Ohio.— Bond Offering.— Proposals will be
received until 12 11., October 28, by John
Nichols,
Village Clerk, for $5,500 5% electric-light-improvement bonds.
Securities are iesued under the authority of sections 2835 and
2837, Revised Statutes of Ohio. They are in denomination of
$500, dated Nov. 1, 1901. Interest will be payable semi-annually. Principal will mature one bond each six months
from March 1, 1905, to March 1, 1910, inclusive. Accrued
interest is to be paid by purchaser.
Salem, Ohio.— Bond Offering.— Proposals will be received
until 12 m., October 28, by George Holmes, City Clerk, for
$22,000 4£ bonds. Securities are in denomination of $1,000,
dated Sept. 15, 1901. Interest will be payable annually and
the principal will mature $1,000 yearly on September 15 from
1902 to 1923, inclusive. Accrued interest is to be paid by
purchaser.
draft in the sum of $300 must accompany pro-
805
Seneca Fall*, N. Y.— Bond Offering.— At the election held
September 24 the proposition to issue $11,000 bridge bonds
carried. Proposals for these bonds will
ed until ?
i'. M. .October 15, by Edward L. Guion, Villas Clerk.
Boo
are in denomination of $1,000, dated Oct. 1, 19ul. Interest
\>-
.
(rate to be named in bids) will be payable semi-annually at
Principal
the Exchange National Bank of Seneca Palls.
will mature $1,000 yearly on October 1 from 1902 to 1912, in-
clusive.
—
Conn.— Loan Authorized. This town has voted
borrow money for bridge purposes.
Sooth Bethlehem, ',Pa.— Bond Election.— At the comity
election the question of issuing $100,000 sewer bonds will
Siuisbury,
to
be voted upon.
South Omaha, Neb. No Bids Received.— No bids were received on September 30 for the $115,844 15 4# 10-year district
paviDg, grading and sewer bonds and the $24,536 71 6* 10year refunding special improvement bonds offered for sale
on that day.
Snmmit County, Ohio.— Bond Offering.— Proposals will be
received until 2 p. M., October 28, by L. E. Sisler, County
Auditor, for $65,000 4g jail bonds. Securities are in denomination of $1,000, dated Nov. 1, 1901. Interest will be payable
semi-annually at the office of the County Treasurer. Principal will mature $6,000 yearly on November 1 lrom 1902 to
and $5,00*0 Nov. 1, 1912.
Susquehanna, Pa. Bond Election. At the general election November 5 the question of issuing $10,000 bonds for the
1911, inclusive,
—
purchase of land for a central fire station will be submitted
to a vote of the people.
Sylvester, (Ja.— Bonds Voted. At the election held October 1 the proposition to issue $10,000 5% 10-19-year (serial
school-house bonds was voted upon and carried. Interest on
these bonds will be payable semi-annually. The date for
the sale of these bonds has not yet been fixed.
Taliaferro County, tJa.— Bonds Voted.— The proposition
to issue the $22,500 4)0 court-house bonds (described in the
Chronicle Aug. 31), which was submitted to the people on
September 17, resulted in favor of the bonds by a vote of
—
574 to 22.
Texarkana (Ark.) Improvement District No. 3.— Bond
Offering.— Proposals will be received until 12 m., October 25,
by Q. O. Turner, Secretary of the Commissioners of the
district, for $58,000 6% gold street-improvement bonds. Fortyfive bonds are in denomination of $1,000 and twenty-six of
$500 each, dated Nov. 1, 1901. Interest will be payable annually on July 1. Principal will mature $3,000 yearly from
1903 to 1910, inclusive; $4,000 yearly from 1911 to 1915, inclusive; $6,000 on or before July 1, 1916, and $7,000 on or
before July 1, 1917. All questions concerning the legality of
these bonds is stated to have been passed upon by the Supreme Court. There is no indebtedness whatever against
the district, according to the official circular, and the assessed valuation is placed at $615,000.
Thompson ville, Conn.— Loan Authorized.— The voters of
this town have authorized a loan of $10,000 in anticipation of
the collection of taxes.
—We
are advised that the sinkTrenton, N. J. Bond Sale.
ing fund has taken the $13 800 3)0 10-year sewer bonds mentioned in the Chronicle Sept. 21.
Urlch, Mo.— Bids Rejected.—All bids received Oct. 7 for
the $1,200 5% 5-20-year (optional) bonds were rejected.
Valley Springs, S. Dak.—Bond Election. An election will
be held October 15 to vote on the question of issuing $6,000
20-year water-works bonds to carry interest at a rate not
exceeding 5£, payable annually.
Versailles, Darke County, Ohio.— Bonds Voted.— This
village has voted to issue $10,000/ water-extension and electric-light bonds.!
Watertown, Wis.— Bond Sale.— This city has sold at par
to local investors an issue of $0,000 4% bridge bonds. Securities will mature $3,000 on Sept. 4, 1902, and $3,000 on Sept.
—
I
4, 1903.
Webb County, Texas.— Bonds Voted.— This county on
September 17 voted to issue $25,000 jail bonds.
Webster Groves (Mo.) School District.— Bonds Defeated.
—At the election held October 1 the proposition to issue
$15,000 school house bonds was defeated.
West Rutland, Vt.— Bond Offering.— Proposals will be received until November 1 by the Town Selectmen for $25,000
3)0 refunding bonds.
Whatcom, Wash.— Bonds Proposed.—The City Council is
considering the question of holding an election to vote on a
proposition to issue $70,000 6% water bonds.
White Plains, N. Y.— Bond Offering— Proposals will be
received until 8 p. m., October 15, by the Board of TrusteesJohn J. Brown, President— for $10,000 4* tax and assessment
deficiency bonds. Securities are issued under the authority
of Chapter 768, Laws of 1896. They are in denomination of
$1,0C0
and will mature Oct. 1, 1921. Interest will be payable
A
January 1 and July 1. A certified check for 10* of the face
posals.
Salisbury, N.
Bond Election.— An election will beheld value of the bonds, payable to H. E. Foster, Village TreasNovember 5 at which the question of issuing $90,000 bonds urer, must accompany proposals.
will be voted upon.
Windsor Locks. Conn.— Loan Authorized.— At the recent
San Rafael, Cal.— Bonds Considered .—There is talk in this town meeting the Selectmen were authorizad to borrow
city of holding an election to vote on the question of issuing $5,000.
$25,000 city- hall bonds. Nothing definite, we are advised,
Winthrop School District, Shasta County, Cal.- Bond
has been done in the matter as yet.
Sale.— On September 30 the $2,400 6$ 1-10-year (serial) school
Seattle (Wash.) School District— Bond Election— An bonds were awarded to Hazleton & Co., San Francisco, at
election will be held in this district to vote on the question par and accrued interest. This was the only bid received.
of issuing $250,000 school-house bonds.
For description of bonds see Chronicle Sept. 28, p. 691.
C
C—
THE CHRONICLE.
800
Woodmere, Mich.— Bond Offerng. —Pio-p( sals will be received until 8 P. M., October 18, by John Warncke, Village
Clerk, for |»3,000 S}4% 30 year water bonds. Securities were
authorized at the election held September 80. They are in
denomination of $1,000, dated Oct. 18, lfOl. Interest will be
payable eemi-aDnnally at the Delray Savings Bank of Delray. A check for $1,000, certified by a Wayne County (Mich.)
bank, must accompany proposals. The above will represent
the only indebtedness of the village. The assessed valuation
[Vol. LXX1II.
Yonkers N. Y.—Bond Sale.— On October 9 the $37,000
per cent assessment bonds were awarded to the
Yonkers Savings Bank, of Yonkers, at 100*49. Following
four
are the bids
:
Yonkers Savings Hank
10XC49
Karson. Leach & Co.. New York.l00"106
O'Cunner A Eabler, Mew York. 100 253 Geo. M. Uahn, New York10013
People's Sav. Bank. Yonkers... 1001 16
For description of bonds see Chronicle October 5th, pat©
751.
is $1,893,000.
Yonkers (N. Y.) School Dislrict.— Bond Offering.— Proposals will be received until 8 p. m., Oct. 21, 1901, by J. H.
Xenln, Ohio.— Bond Ofiering.— Proposals will be received
until 6 p. M., October 25, by C. F. Logan, City Clerk, for
$39,000 4% 1-10- year (serial) eewer bonds. Securities are
issued under the authority of sections 2704 and 2705, Revised
Statutes of Ohio. They are in denomination of $500, dated
Oct. 11, 1901. Interest will be payable semi- annually.
Yakima County (Wash.) School District No. U.-Bond
Sale.— On September 28 the $1,200 5-10-year (optional) schoolhouse bonds were awarded to the Spokane & Eastern Trust
Claxton, Secretary of the Board of Education, for $13,000
3}4% registered bonds. Securities are issued under the authority of Chapter 543, Laws of 1899. They are dated Oct. 1,
1901, and will mature $3,000 April 1, 1920, and $10,000 April 1,
1925.
Interest will be payable semi- annually. A certified
check for 5% of the amount of bonds bid for, payable to the
Treasurer, must accompany proposals.
Co. at 10O'416 for 5 per cents.
Yakima County (Wash.) School District No. 55.— Bond
Sale.— On October 5 an issue of $1,300 5$ 5-10 year (optional)
bonds was sold to Wm. D. Perkins & Co., Seattle, at par.
The official notice of this bond offering toill be found
the advertisements elsewhere in this Department.
among
INDEX TO STATE AND CITY DEfAPTMENT.
In the following; index reference is made by the page number to every item regarding State, oity, town or county finances which hag been
published in the current volume of the Chbonicle—that is, beginning with the issue of July 6, 1901. Hems in the current number are n#<
Full-face types refer to latest reports of total debt, assessed valuation, &o.
included in the index.
44. 250
Co.. Ida
Ada
da Co. Sen. Dist. No. IS.
678, 749
Idaho
Adams
Adams
200
Fire Dlst., Mass... 688
AgnewSch. Dlst., Cal.... 140
Akron. Ohio... 95, 200, 518,
688, 7J9
Akron Sch.Dist..Ohto.l49. 260
618
Alabama
*6o
Alameda, Cal
200
Dist.
Cal..
Alameda Son.
356
Albany.Ga
250
Albany, N. Y
459. 57*
Albany ("o.. N. Y
200
Albany Co., Wyo
Albemarle Sch, Dlst.,N. C. 688
Albert City Sen. Dlst., la. 459
Albion, III
£00, 250
459
Albuquerque, N. Mex
95
Alexandria. Minn
459
Alger Co.. Mich
Allegan..Mich
«28, 688. 749
Allegheny, Pa
250,688, 749
Co.,
Allegheny
Ind
Pa
678,
6i8, 749
Allentown, Pa.96, 203, 688, 749
Co.,
Alliance, Ohio
618
576
1J9
D.,Ohlo. 676
Alma, Wis
Ambler, Pa
Amesville Sp'l S.
Anacortes cch. Dist. No.
18, Wash
Anne Arundel
688
Co.
Sch.
Dist.,Md
149
Antigo, Wis
406, 469
Arkansas
Armada, Mich
Armour, S. Dak
Arnprlor, Oot
Asbury Park, N.J
94
149
95
V50
749
4C6
Ashland Co.,
200. 366
688
Atlanta, Ga
Atlantic City, N.J... 618, 688
Augusta, Ga
406
Austin. Pa
356
469
Austin, Texas
Aylmer, Ont
676
Asheville. N.
C
Wis
Baird, Texas
250. 406
aker City. Ore. 200, 250,
356. 406, 518
Bakersfleld, Sch. D.. Cal... 95
Ballard Sch. Dist. No. 60,
200,358. 576
Wash....
Baraboo, Wis
Barberton, Ohio..
406
.
.95, 406,
576,628, 749
260
Bath, Me
94
Battle Creek, Mich
95
BaxIey.Ga.
688
Bay City, Mich
44,303, 356
Bay City Sch. Dist., Tex... 250
Beaumont, Tex
*00, 303
Beaverhead Co. School
749
DisUMout
Bedford, Iowa
628
Belleville S. D. No. 4, 111.. 749
Barbour
Co.,
W.Va
Bellevue.O
Bennett Twp.,
149,676
459
Kan
Berea,
95, 260
Berlin, Wis
406, 618
Berlin Sch. D.No.l.N.Y.95, 250
Bernalillo Co., N, Mex.. 44, 459
Beverly, Mass
85.1
Biddeford.Me
406,628, 749
Big Stone Co., Minn
95.
Billings,
149, 459
406, 469
Mont
Billings Sch. Dist., Mont.. 628
Binghamton. N. Y.... 44, 260
Bird Island, Minn
200. 459
Bismarck, N Dak
Blackstone, Mass
Blair,
250, S03
44
Neb
628
Bloom sburg Literary Inst.
and State Normal Sch'l,
Pa
618. 68«
Bloom Twp., Ohio
200
Blue Earth, Minn
67m
Bluefleld,
W. Va
Bond Hill, Ohio
Boone Sch. Dist.. Iowa
406
6H8
..
Boonville Sch. Dist, Ind.,
95
250
95
Borden Co.. Tex
406, 459
Bottineau, N. Dak
459
Bottineau Co.. N. Dak.. 44, 303
.Bowling Green, 0..44, 303, 518
^
.....
Boothbay
Harbor,
Me
96
.
Boyne
D„
Mich.. 305
251
44.149, 406
Bradner. Ohio... 356,518, 749
Brantford. Ont.
45
94
Brewer, Me
Bricelvn, Minn
96, 856
Bridgeport, Conn
96, 261
Brigham Sch. Dlst. No. 4,
Utah
98, 200
96
Brlstol.Conn
Bristol. Va
200, 459
1*9
Brockton, Mass
95
Brookhaven, Miss
Brookline, Mass
149, 303
Brookville, Ind
45
149. 251
Buchanan Co.. Mo
356
Buckhannon, W. Va
Buffalo, Minn
303, 688
576
Buffalo, N. Y
95
Buncombe Co.. N. C
406
Burleson Co. Texas
Burlington. N.J... 251, 304, 406
96
Burlington, Vt
Butler Sch. Dist Pa.. 618, 628
628
Butte, Neb
City Sch,
Braridook. Pa
Bradford. Ohio
,
/
laddo Parish, La
Ga
Calhoun
Co.,
Texas
California
Caila Sch. Dist., Cal
Callaway Co., Mo
Cambridge. Ohio... 96, 459,
Cambric ge, Wis
Camden. N J
356,
Canaan Free Turnp.,0. 200,
Caronsburg, Pa
Canton, Ohio.... 45. 98, 406,
Cape Breton Co., Nova
Scotia.
Cape Vincent.
96,
N Y
469
356
251
618
45
6ws
366
303
518
406
57«
P28
618
356
40B
628
200
25'
Carbondale. Pa
149, 251
Dist., Tex.... 406
Carbon Sch.
Carthage, Mo
149
Carthage, N. Y
251
Carthage, O.. .96, 149, 261,
804, 459
Carthage, S. Dak
628
.
Cascade Co. Sch. D.
Mont
No
1,
96
Casselton, No. Dak. ...406,
68-*
Cass Lake. Minn
251
Cazenovla School District
No. 10, N. Y
406
Celina, Ohio
200,304, 676
Central Falls, R.
45
45
Chagrin Falls, Ohio. ...406. 749
Chanute Sch. D., Kan.261, 406
Chari en Co Mo
628
Charleston Co., S. C,
45
Charlotte. Mich
688
Chattanooga. Tenn
9«
44,
Chaves Co., N. Mex
45
Cheatham Co., Tenn
68*
Chelsea, Mass
366
Chemung Co., N. Y.. 200.251
Chenoa, 111
356
Chester, 111
35a
Chester. Iowa
6?8
Chester Twp., Ill
356
Chester Twp., N. J... 469, 618
Chicago Junction, Ohio... 1»9
Centralia,
Mo
1
,
ChicagoSo.Park.Ill
Cnlcago.
West Park,
Chickasaw
Co.,
Miss
Ky
628
Coeur dAlene Sch.
No. 1, Idaho
9rj
111...
251
6 H
Chlcopee, Mass
856
Chipley. Fla
200
Christian Co., Ill
45
Cincinnati, 0..45, 200, 304,
356.576, 628
Clallam Co., Wash
406
(lark Co., Ind
94
ClarkK o.. Kan.
4(6, 459
Clarksburg, W. Va
856, 460
Clarksville. Tenn
98, 406
Clay Center Sch. D., Neb.. 407
4=>
Clay Co., Ind
Clearfield, Pa.
35(5
Clear Lake Sch. Dist.. la.. 200
Cleveland, 0...96, 149, 304,
417, 576, 628
Cleveland, Tenn
407
Clifton, Kan
407
Clinion, Mass
45,200, 628
Clinton Co., Mo
94
Dist.
407
Cohoes. N. Y..45. 149. 200. 804
Colerain Twd., Ohio
628
Coleridge Neb
676, 688
College Hill, Pa... 407, 628, 749
Colorado Springs, Colo ... 149
Columbus. Ga
98
Columbus, O,. 200, 304, 356, 518
Columbus Grove, Ohio.25l, 804
Comfrey Sch. Dist. No. 80,
Minn
460
Concord, N.
407, 61*
Conneaut, Ohio
407, 6t8
Conneaut £eh. Dist., Ohio. 96
Conshohocken. Pa
94
2oo
Cooper Twp., Kan
Copenhagen, N. Y
149
96
CoolahCo., Miss
Coquille, Ore
96
Oordele.Ga
200
Corlnth.N. Y
251,356, 618
Coshocton, Ohio
304
H
Coshocton Union School
Dist. Ohio
251, 366
Cottage Grove, Ore
304,
407, 628, 749
261
V^adillac. Mich
149,
Caldwell, Idaho
Caldwell, N.J
Caldwell, Ohio
Caldwell Sch. DUt.. Ida....
Calhoun,
Cloverport,
Council Blufls, Iowa
Covington, Ga
Crafton.Pa
Crestline, Ohio
94
45
261,676, 74*
366
Crockett Co., Tex
304
Crookston Sch. Dlst. No.
1. Miun
201
Cuyahoga Co., Ohio
45
Cuyahoga Falls, Ohio. 304, 356
Dakota
alias.
Co.,
Erie. Pa.. 303, 4^7, 48", 577, 6 a 8
Erwin Sch. D. No. 1, N. Y. 251
Ore
,
96
407
261
*61
Pa.. 45. 251
.
.
Dublin.Ga
....261,406,688
S.
Tex.. 46. 201, 460
Duquesne Sch. Dist., Pa.. 749
DuvhI Co., Fla
407
Dyersburg, Tenn
96
Early
Co.,
,
Ga
ast Alton S. D., 111.. 45,
East Carroll Parish, La
356,
Baal Grand Forks.Minn.45,
East Hartford Fire Dist.,
Conn..
261.
Easton, Pa
East Orange, N. J
.356,
East Palestine, Ohio
Eaton, Col"
361, 480,
Beorse Twp., Mich
304,
Edgewood, Pa
Edwards Co., Tex....
El
Campo
Sch. Dist.. Tex.
Dist., Iowa..
Eldndge Sch.
Elk City. Kan..
Elmira, N.Y
3^6,407,
460, ol9,
Ont
El PasoCo.S.D. No.
Elyria. Ohio
Elora.
ll.Col.
262, 407
Neb
357
Escanaoa Sch. DUt.. Mich. 35o
Hamilton, Ohio
Estelline Sch. D., S. Dak.. 46o
Hamilton Co.. Kan
Hampden Co., Mass
Everett,
Mass
160,
)
1
Hardin
Conn
96
air Oaks Sch. Dlst., Cal. 628
Fall River, Mass.. 97. 160, 304
Farmington. Mo
62i
Faulkton, S. Dak
45
Fillmore Co. S. D., Minn. 45
Fillmore Sch. Dist, N. Y.. 628
Find lay. Ohio..
46,407,628
Flathead Co. S. D., Mont.. 46
Flint Sch. Dlst., Mich
251
Flora Sch. Dist., 111.... 252. 407
Florence, Ala
201, 460
Florence, S. C
97
Fort Scott, Kan ... .94. 407, 577
Fort Worth, Tex
366, 4"0
Foster Twp., Pa
628
Fostoria, O. 150, 252, 407, 519
Fountain city. Wis
628
Foxborough, Mass
688
Franklin. Mass
628
Franklin, N.
46. 97, 252
Franklin Co. Sch. Dist.No.
46
6, Wash
Franklin Sch. Dist.. Pa.... 46
Fredenca Sch. Dist., Dei.. 749
Frederick Co., Md
570
Fredonia. N. Y
252, 3i 4
Freeborn, Minn
97
Fremont, Ohio.... 150, 407, 677
Fulton Co.. Ga
97
FuHon Co., Ind
407, 460
Mont
Sch. Dist.,
Holly,
Glendale Sch. D.
Glen Ridge, N.
Hopklnton, Mass
357
Horrellsvule, N. Y... 367, 460
Houston, Tex.
.97, 252. 304,
460, 577
Howard, S. Dak
Hubbard. Ohio
Hudson
46
46,
Co., N. J
Humooldt, Tenn
Huntingdon Co., Pa
Huntsville. Ont
Huron, Ohio
46,
160
V
629
201, 357
749
Kan
749
Park, Mass
Park, Ohio. 460, 619, 677
Hutchinson,
Hyae
Hyde
94
naependence
5, Kan.
S.
D.,
No.
46
Indianapolis, Ind.305, 519, 629
loia. Kan.
201
Irvington, N.Y
519, 688
Irwin, Pa
1.7,305.619, 629
160
Ithaca.Mich
46
b7
460, 577
Glenrock,
Pa
Jackson, Mich... 460,
304
Glenwood, Minn..
.
.97, 804,
366, 629
Glldden, Iowa
519
97.407
Gloster, Miss
Gloucester. Mass
46, t-88
201
Goldsboro, N. C
46
Gorman Sch. Dist., Tex.
Grand Marais, Minn
150
.
.
Grand Meadow. Minn.407, 629
Grand Rapids, Mich... 52,
••
304, 357
Grand Bapids. Minn
Jackson, Miss..
|
Jackson Co., Ill
Jacksrn Twp Ohio
Jamestown. N. D
.
Janesville. Wis
Jefferson City, Mo
Jefferson Co.. Ala
Jefferson Co., Ohio
Jefferson Co.. Tex
Jefferson Twp., Ind
619,
629
150
407
46
201, 407
252, 749
406
46, 252
407
150
Jersey City, N. J. ..16, ,60,
577- Jetmore, Kan
Granite City, 111
357,
97 Johnst wn. Pa
251 Grant City S. D., Mo
149 Grant Co., lnd.97, 304. 357, 519 Jones Co., Texas
Grant Co., S. D. No. 3, Ore. 46 Joplin, Mo
2(1
628 Grant Twp., Ind
201 Gray Summit Sch. D., Mo. 4b0 Kahoka, Mo
ansas City, Mo
Green B y, Wis
252. 407
356 Greenboro, N. C,
688 Kansas City, South Park
Dist., Mo
304 Greenourgh Sch Dist. No.
97,
10, N. Y
4e0
577 Kaufman, Texas
Greene Co., Ohio
251
160 Kearney, N.J
252 Kelly's Island. Ohio
628 Greensburg, Pa
407 Greenville. Miss
688 Kenmore, N. Y
629 Kent Co.. Del
688 Greenville, N. C
357,460,
366 Greenville Co., S. C
....
4« Kenton, Ohio
201 Gre nville Sch. D., Ohio.. 749 KentTwp., Ind
Tex
Greenwood,
Ind
357
Kerr
Co.,
304
King Co. Sch. Dist. No. 9.
46. £04
304 GreiadaCo., Miss
Wash
Grimes Co., Tex
46, 619
Kingfisher
Co.. Okla...
Grosse
Puinte
519
Twp.,
Mich.
628
150,
94 Kingsville. Ont
619 Grundy Co., Mo
46 Kirk Sch. Dist., Cal
45 Uuthrie, Okla
96, 201
Enfield Sch. Dlst.. N.C.149, 304
Ephrata Sch. D., Pa... 628, 749
252
3i'5
Jlllnols
Dak..
O
480
201
357, 577
252, 460
Hopkiusville. fiy
252
619
201
*62
Dist.. Ohio.
J. .252, 407,
629
480
677
519
304
689, 749
N.Y
Hopedale. Mass
Hopkins, Minn
356, 461
Glenmont Sch.
407
Higganum, Conn
15o,
460, 628
S.
97. !<57
Hillsboro, No. Dak.... 357,
Hillsboro, Ore
Hillsborough Co., Fla
Hillsdale Sen. Dist.. Mich.
Hoboken, N.J
519,677,
|
Minn
677
577
97
160, 2ol
252, 460, 51P, 688
628
9,
....460,519
Gallipolis. Ohio
GardenaSch. Dlst., Cal.... 356
44!
Garden City, Kan
Garden City S. D., Kan.... 628
Gardner, Mass.... 304, 688, 749
Gary,
Haskell Co., Texas
Hatboro, Pa
Hattiesbure, Miss
Hendricks. Minn
262, 4U7
Hibbing Sch. Dist., Minn.. 46
356, 619
407, 628
356,
62i, 749
Mont
Gates Co., Wis
Geary Co., Kan
Geneva, Ohio
Gettysburg Twp.,
97
407,
577, ess
HazletonSch. Dist.. Pa... 201
201
Hedrick, Iowa
Hempstead, N. Y..97. 150.
Gallatin Co. Sch. Dist. No.
Dak,
Middle
Havre, Mont
Hazlehurst, Miss
304, 677
S.
West
Conn
Hartington, Neb
Haverhill, Mass
Gallatin Co. Sch. D.. Mont.
Ganetson,
Texas
Co.,
Hartford
H
Galion, Ohio.... 304,
allatin, Tenn. .252,
94
48
406
t04
677
97
407
46
629
407
Harrishurg, Pa
Harrisburg, Va
Harris Co., Tex
Harrisonburg, Va
Harriston, Ont
.
Gallatin Co.,
304, 460
Hannibal, Mo
Hanover, Ont
688, 749
Fairfield,
.
D
Hall Co.,
Minn
Dallas Co.. Tex
Dalton, Ga
Dalton Sch. Dist
Danbury. Conn... .619, 577. 61-8
Danville, Va
94, 459
Danville S. D, No. 1, 111... 45
628
Darke Co., Ohio
Dayton. Ohio
577
Dayton Sch. Dlst., Ohio. . 46
46
Decatur Twp.. Mich
Deer Creek Twp. S. D.. O. 480
Deflame, Ohio
91
Delano Sch. Dist., Pa
94
45
Delford Sch. Dist.. N.J...
Del Monte Sch. D., Cal. 96, 301
Delpbos, Ohio
407
407
Delta Co., Tex
Denton, Tex
251,407, 460
i5, 201, 459
Denver, Colo
Denver, Pa
96
Denver Sch. Dist., Pa
46
De Soto Sch. D., Kan.. 407, 519
Detroit, Mich
46
Detroit, Minn
94
Devine, Texas
96, 251
519
Dickson, Tenn
Dodd City Sch. Dlst. No.
l u , Texas
688
460,
Donaldsonville, La
201
Douglas Twp., Kan
iOl
Dover, N.J
407
D"ylestown, Ohio
45
Dublin
Halifax Co. N. C
Hackensack, N.J
alifax. N.
S
804
6 58
6;8
160
677
2ol
407
201
406
305
94
46
252
689
97
460
577
519
460
305
677
48
305
367
KnoxCc.Ind
46
Kootenai Co. Scb. Diet.
No.68,Idaho
Vi
October
THE CHRONICLE.
12, 1901.]
807
INDEX TO STATE AND CITY DEPARTMENT.-Continued.
408
a Crosse. Wis.
Co„ Minn
Lrfike
>-7
4t>.
Soliool
Dlit.,
BUi, 677
Ohio
Lampasas. Texas
Lancaster. Ohio
01
*o
l.unoaster Bob. Diet, No. 8,
-»08.
N. V
Lansliur,
MB
o8U
Iowa
Wto
mie Co.,
Latrobe, Pa
805, 74y
V>
Neb
367, 40->.
«!4i*
Lawrence. Mass
Lawrenoe Co.. Ohio
Lebanon, l'a
Leon, Iowa
Leonard School District,
t»7. .167.
Tej M
160
J.aurel.
Li'-itcrshire Sch.
\
1).
No.
61u
4i'8
loo
5,
Ml
OT,
&.<>. irfce 00 Mont. 408
Lewis A Clarke CO. Bob.
Dist. No. 1. Mont. ... 07, 357
.
Lewistnwn. Mont
Lexington, Hau
Lexington, N. C
Liberty, N. V
Liberty Twp., Ohio
Lima. Ohio
.yr, too.
Hi'
40
150
Neb
It. I
6eU
Lincoln Co. Soh.
106,
'ib'i
07
B89. 74»
07
.
Lincoln Tup.. Kan
201
Llndal Soh. D., Tex.. .408. 677
N. V
....
No.
•
Manor
N. V
519
029
Sen.
Llano Co., Texas
Llano Scb. Dist., Tex ..'.'52,
150
577
401, 677, 029
98
LosranCo., Ky
25M, 367
Lotcan Co., Ohio
Loudon, Ohio. .48, 408, 619,
677, 688
020
Lonjnnont, Colo
5'9, 629
Lorain. Ob lo
i5o,
Lorain Sch.D.. Ohio...
305
Los Angeles, Cal .44, 408,
461, 677
LosGatos.Cal
262
Lowell, Mass
357, 63 >
. .
Lower Merion
Lowry, Mlun
8. D.,
Pa.*8, 201
46, 20i
NEW
M
6:W
Co.,
47, in,*,
Newport News, Vu
1
84, f..o
! ia
Neb
New
-
401, 677
40s
v
Boh, Dlst.
.-
577
Mt'Clure, Ohio
<u
... 880
98, 401
94
Morion,
M.inlii
Mi. An
BfOunl
ohm
868
«08
ll
Tex
Marquette. Mich
47,
Marseilles Sell. Dlst.,
Mar-hull, Sikh
MarltiiBburx. W. Va
111.
Maryland
Mascoutah, 111
Massachusetts
Masslllon
S.
D
Memphis
Mercer
8.
750
357
262
Nelsonville, Ohio
Nephl City, Utah
Newark, Ohio
J<8
367. 760
Mesopotamia Twp.. O.201. 408
Meversrtale, Pa
461
Miami Co., Ohio
680
MlauiisburK, Ohio
262
Midland, Ont
689
.
6 9
Milwaukee, Wis. 47,
Milwaukee
202,
Newburyport, Mass
94
Mill Sch. Dist., Cal.
N. Y
New Castle. I'a. ..305. 357,
New Castle Co., Del
New Castle Sob. D. Pa. ...
Newiane, Vt
New Hanover Co .N.C
47, 202,
New Hartford Sch.Dls..
357,
N. Y
Now Haven, Conn
New Holland, Ohio...
New Holland Sch. Dlst.
No.H. Ill
98,
New London. Minn.... 30
New Madrid Co.. Mo..*53,
t-8
367,461, 630
Wis
HI.
Newhern. N. C
Newburgh
201
160
Co.. Ohio... 47, 201,
Merriilen,
857,
New Haden Soh. Dlst.,
New Bedford, Mass
305
94. fR,
160, 208, 306, 680
Co., Wis
94,
805, 367, 461
Newton
No« ton
Newtown
,
Newmarket, N.
NEW
LOANS.
H
630
62"
408
760
750
40S
305
305
62o
98
47
305
1
Each bid must be accompanied by a certified check
for nfty-s-'ven hundred and titty ($6,750) dollars,
made paynblt. to the City of Niagara Falls, N. Y., as
a guaranty tbat the bonds will be taken onde ivery
within two weeks fiom date of award. Kaon bid
must state pricefor bonds and accrued interest.
K.tch bid must be enclosed in a sealed envelope
marked "Proposals tor B01 At."
The Board of Public Works reserves the right to
reject any or all bids.
Assessed valuation
$16,101.2.52
Bonded Indebtedness
Population
By order of the Board of Pub'ic Works,
F. J.
SULLIVAN,
1,888,036
81,000
City Clerk.
Dated, October 9th, 1901.
and will mature as follows:
$8,000 April 1, lwv!0; $lu,000 April
The right is reserved to reject
which
will
be opened in
School
Building,
o'clock p. m.
The bonds
1,
1926.
Monday, October
CHAKLKS U. FANCHER,
RUDOLF KICKEMEYEtt JR
PETER U. FOWLER,
Pbosnlx.Bob. Dint
Pie roe, Neb
2,
461
680
253
F.20
461
520
689
Oshkosh. Wis
Otero Co., N. Mex
Otoe Co., Neb
Ottawa, Kan
Outremont, Quebec
Owen Sound, Ont
Oyster Bay, N. Y
Ozark Co., Mo
Arli...
.
151
.
1
47, 461
Platte, S. Dak
I'lattsbuig.
PiattBburg. N.
fh'J
Mo
630
461
Pleasant
Hill.
161. 406
98. 306
Y
Ohio.. .203. 35H
409, 679
Plymouth, Ohio
689
44
Plymouth Twp., Pa
l'omiac, Mich
401
I'ontiuc Sch. Dlst
,
161
161, 306
Mich...
47, 461,630,
Portage.
Wis
Portage Twp.. Ind
Port Clinton Ohio
Port Huron. Mich
750
409
98
98
Portland, Me
Portland. Ore
Portsmouth. Ohio
Pougnkeepsie, N. Y
Powell Co.. Mom
Presque Isle, Me
Providence. It. 1
Provo, Utah
4(M, 461
202,263, 408
Oregon
98
..
PlnebroOk Ncli. DlaL.N. J. 9-i
Pine Island. Mum
47
40J, 678
Pipestone, Minn
Pipestone Co., If Inn ...
om»
l'tqua. Ohio
268
Ptttefield, Mass
868
Pittstoii. l'a
47, 409
Plaiuview Sch. Dist., Neu.
306, 620
358,
119
«7
^53
75«
409
Pierce Co., Was
D. 400
Pierce Co. Bch. Dist. No. 3,
Wash
96
08
..461,
.
808, 409
Co.. Tex...
208
OranirtthorpeS. D., Cal... 409
461
98
481
864, 401
688
300, 679
254
264, 409
679, 689
Sch. Dlst., Cal.. 689
94
263, 689
620, 689
620
678
358
161, 4«1
253
95
Punsslma
Putnam. Conn
47
203
Putnam
Co., iDd
Puvallup Soh. Dist. No.
3,
Wash
151
/"Vuanah, Texas
254
INVESTMENTS.
LOANS.
BONDS:
WE OFFER
81 10.000 Marion County, Ind., 3Ha.
$67,000 Union Traction Co. of Ind. 5a.
Belt Railroad Common stock.
Kauli Fertilizer Co. Pref. Stock.
Indianapolis Fire Ins. Co. Stock, Price 150.
•«
93.
Ind.TitleUnar.
L,. Co. Stock,
" 103.
Columbia National Bank Stock,
" 104.
H. P. Wasson Prei. Stock,
application.
upon
Price and particulars
&
•T.
F.
WILD &
Successors to Campbell, Wild
CO.,
& Co.,
205 Stevenson Building.
October Investments.
8100,000
CI IT OF
BLOOMING TON, IND.
Gas, Electric Light
& Heating Co.
Butler Connt>-, Ohio, 4m,
Columbus, Ohio,
4a,
Cleveland, Ohio, -lk>s,
5% Bonds,
County, Ohio, 5b,
Gallia
Send for descriptive circular.
Indianapolis, Ind., 3^8,
Trowbridge
Niver Co., Naugatuck, Conn., 4tt,
New Britain, Conn., 3^8,
Municipal and Corporation Bonds,
State of Mont., (Normal School)
&
5s.
CHICAGO.
lat
National
Bank
B'ld'g.
Rudolph Kleybolte
1
MUNICIPAL
Public
E. H.
Service
NASSAU
MUNICIPAL
Corporation
Netting from
Z%
&
NEW YORK
Co.
CITY.
BONDS
and
to 6%
always on hand.
BONDS.
DUKE M. FARSON &CO.
CHICAGO.
115 Dearborn
ROLLINS & SONS
St.,
Send for our InTestment Circulars.
BOSTON.
San Francisco.
Denver.
Blodget, Merritt
&
Congress Street, Boston.
13 Wall Street,
Investment Securities
roa
Co.,
BANKERS,
16
ST..
CORPORATION
New York.
,
Committee on Finance.
Perth Ami, ov. N.J
ey Bob. i»., Mich
Phllaoelpbla, Pa
47. 151
Y
hkIi
p.,
..
Oneonta. N. Y
98,806, 408
Oneon'a School District
Orange. N.J
»
1
760
Sch. Dlst.
Co.
1
300
vlvai.la
11
6*0
No. 81, Wash
Old Town, Me
151, 202
40-1
Ollnda Sch Dlst., Cal
Omaha, Neb.
300, 4u8
Omaha Sch. Dist., .Neb ....
N.
98
161
Birmingham, Ala.
21, 1001, at a
be ready for delivery at the office
of the Board of Education at 11 o'clock a. m
Monday, October 28, Ihoj, and must be p*id for
including accrued interest, by certified check to
the order of the Treasurer of the Board of Education, Yonkers, N. V.
Proposais must be accompanied by certified
check for 5 per cent of the amount bid for, to the
order of the Treasurer, and endorsed "Proposals
lor School Bonds.-' and addressed to J. H. Claxton
Secretary of the Board of Education, Yonkers, N.Y.
will
Peninsula
2,
...
Ohio University. .151, 2
11,
Dak
-
i'liul'!
Bfi8
Oceano Sch. Dlst.. Cal
Oconee Co.. Ga
Ouden.Uiah
AND
any or all bids,
the Board Koom, Hiyh
M
North Plalnfield, N.J. ...408
Norway. Mich
47, 08, 151
Norwood. Ohio
678
No.
ofl,
253, 680
401. 6*>
Paulding. Ohio
620
BOB
570
630. 750
R H. KERR,
Chairman Finance Committee.
SCHOOL BONDS.
1, 10ul,
44.2
.
Northflehl, Maxs..4»l, 57s.
Okanogan
ei
I'uri-'
Sch. Dim..
47
N V
Ohio
678
NUes,
4oti
Norfolk, Neb
Noiiuan CO. Boh. Dtlt, No.
66. Minn
OH. 4"H
Norr'stown, Pa.
358
Northampton, Mass.. 151,
202, 263
North llertren Twp. Scb.
689
Dlst., N.J
The City of Birmingham will receive sealed proposals until Tuesdav, October 16. 1901, at noon, for
the Special Assessment Improvement Bondstbat
may be Issued under Ordinances No. 80 to 07 and
lol t ) lo7, inclusive, said bonds to bellssued as provided by law, after the completion of the work
under the respective ordinances. Said bonds will
be in denominations not to exceed $500 each, will
run for a period of ten years, but may be redeemed
at the option of the city at any Interest period; but
if so redeemed the city shall pay as a bonus a sum
equal to one-half the annual interest for one year.
No hid reoeived at less than par. ana must be accompanied by certified check for $300, payable to the
Mayor and Aldermen of Birmingham, to be forfeited it the bidder fails to comply with the terms
of his bid
The principal and interest payable in
gold. The total bonds to be Issued under said ordinances probably $60,001' to $76,000. City reserves
the right to reject any and all bids. Address.
S$13,000
CITYOFYONKERS,N.Y.,
Sealed proposals are invited for $13,000 S% Per
Cent Registered Bonds, interest payable April and
October 1.
These bonds are Issued in conformity with the
provisions ot Chapter 643 of the Laws of 1899 and
of resolutions passed by the Comman Council
August 26, 1901. The bonds will be dated October
..
No 11,0
Niagara
Niagara Kulls
all
-i
i).
303, .105, t 20.
I'a Is, N. V
BONDS FOR SALE.
1
wis.
s
.Niw fork
\..rk.N. V
City of Niagara Falls, N. Y.,
clusive.
47
678
461
M
,,
Wash
l'Hrk River. No.
Orange
678
..
1
1
New
BIRMINGHAM, ALA.
Sealed proposals will be received bv the Board of
Public Works of the City of Niagara Falls, N. Y., up
to 8:00 P. M. Friday, October 18th, lma, lor the purchase of bo- ds or said City amounting to tne hundred and fifteen thousand (*ll;>,Oou) dollars.
Said bo ids will be one hundred and fifteen (115)
in number, of one thousand (fl.OUO) dollars each, all
of which will be payable November 1st, 1941, with
Interest semi annu illy, at the rate of four per cent
(4%) per annum. Print ipal payable at the Hanover
National Bank, New York City, and the interest
payable to the registered holder of said bonds in
New York Kxcbange. Said bonds are City of Niagara
Fa
Sewer Bonds, Series "C,".Nos. 3»3 to 407, in-
I'uli-M Ids
Inil
i
#1 15,000
SEWER BONDS.
lo.,
..
Hill S. D.,
Oak
berlin, Ohio.
357, 408, 520, 578
II
40km, X'ss
Idaho
apoieon. Ohio
Napoleon vllle. La
678
47, 305
678
2A:i.
Roohelle.'N.Y.Ofe
mi. Vernon Ohio.
.4(8. 620
Mt. Vernoi
I)
S'. Y 08. 160
Multnomah Co., Ore. 04, 250
Multnomah Co. Sch. Dlst.
47
No. 6, (>rt>. ...
357
Murdnck, Minn
401
Muskoiree, I. T.
Nashville, Tenn.... 08. 151,
677, 610
Ohio.. 577, 680
303
.
North Dakota
North Bngli-h, Iowa
Nampa,
40«
630
D. Tenn
401. 678
.
201
Matagorda Co.. Tex
Mutawan, N. J
Medina Co., Texas
Medo Twp., Minn
Melrose. Mass
.
!
160, 26i,
,
H8, 401
578
408, 620
47,
98, 357,
C
Mt. Vernou, N. v.. 160,252,
305, ttbO
.
Mo
N.
1.
i
I'a
vol, 6<n
Mantua. Ohio
Marathon 8. i>. No. 8, N.v. 6m
om
Marietta, Ohio
hho
Marlon Co., Ohio
Dist..
111.
31
6
.160,
Marion 8ob
Marlooroutth. Mass
689
Murllu.
578
'.n
ihv e Miss
..
M'iiuil I'h iisaiit Boh. I»i-'.
i.
Mansfield,
47
80S, 805
80J, 461
Mum
le,
680
BBS
Mountain Lake, Mlan.806, 4111
Mountain View B, D„ Cal.. 357
School District,
Maiden, Muss
Manchester N.
1
8t>7.
Morgan Co Ohio
Morris, Minn
4il
N, V
Ala...
Montpeller, "Mo
Moose Lake, Mum
n-n
988
New
Newton. M,,-*
Newton, Mis(
80S, 40*. 620
Montgomery,
108, 750
oConneWvllle. Ohio... 160
MoKlnley Co., N, Mex
\i
Lean Co., in
Mfi.iunuii Co., Tai
UcPherson, Mum
Maoktnao Island, Mich
Madison, Neb
Mxil son CO., Mont
Orleans, La
305,461
Monterej Sch.Dls. Cal. 140, BOB
•
Linden Sch. Dist., Cal
Lisbon, Ohio ....
Dist.
Monroe
o;to
lulls Boh. Dlst. No.
Maryvllle.
852, 4rtl
Livingston
Minnesota..
Mint.. Twp., out
Missouri
Mobile, Alii
201, 306, 677
749
Sc. D. No. 117,
Wash
2.
Miuiu-apolii.,
858, 408
98, tril
Dlst. No.
Wash
Lincoln Co.
Lvoos
Mum
160
408
I'a .98.2*0,
Lynn, Mas*
Lyons, Mlob
.Miuiis.ui
408
B0|, 7411
V
Lewes. Del
Lincoln,
Lincoln,
Lumpkin, (in
Lyoomlng Co..
«a»
Lakeland, ria
kakewuod
Me
Lubec.
Lachine, Quebec
STATE, CITY & RAILROAD BONDS.
SAVINGS BANKS and TRUST FUNDS
hi BONDS A SPECIALTY.
EDW.
NEW
C.
YORK,
PHILA..
-
JONES A
1
CO.,
NASSAU STREET.
1X8 SO.
FOURTH
ST.
THE 0HKONICLE.
808
[VOL. LXXIII.
INDEX TO STATE AND CITY DEPARTMENT-CONCLUDED.
Kacliip. Wis
l&l
alelKli.
HOll
N. C
161
Runnier Co.. Minn
Randolph Co.. Ga..»t<. 26*. 409
409
lUndolph Co., VV. Va
4i
Santa Barbara. Cal
520
Santa Monica, Cal
SarauacLake, N. Y....161,
208. 264,
Sarawak Twp., Ont
.V20
Uedlaiids, Oil
031
Sault Ste Marie, Mich. .^47,
KodlaudM Sob.
402
806
47
409
Co.
D. No.
8.
Mont
8.
9>«.
481,
Dlst., Cal...
HedWOOd Falls, Mlnu...98,
KeldsvllleSch. D.. N. C....
Rentllle Co.. Mlini.08. 161.
lUrere. Maes
Kevero, Minn
»••
Tenn
Robertson Co., Tex
17
679
Itichland Co., Ohio.... 203. 409
Hldgefield Park. N. .I..368, 409
Roane
Co..
750
Rockingham
99
Co., N. It ...
879, 689
Rock HapldsSch. Dlst.,
Rocky Ford. Colo
Roseau Co., Minn
Roswell, N.
Mex
la.
94
JW
47
689, 760
Rotterdam Sen. Dlst. No.
99, 203
14, N. Y
Royal Oak Sch. D., Mich.. 579
462,679, 689
Rutland, Vt
Saco.
Me
482,16*0
acraiueuto, Cal
47,
Albans. Vt
8r. Bernard Parish. Seoond Drainage Dlst.. La.
St.
.
St. Olalr (Vll.), Minn
St. Clalrsvllle, Ohio
St. James Sch. Dlst., Minn.
St. John Sen. Dlst., N. B...
St. Joseph. Mo. . .462, 520,
St.
Joseph
Mo
School
690
99
99
99
690
208
203
Y
SchenecUdy. N. Y
Summit
bch. D., So. D»k..
Shinnston. W. Va
Shreveport, La
Shreveport School
No. 1. La
Sidney, Ohio
255
Sussex, N. B
BusaexOo., Del... 621, 579, 600
410
Sussex Co., Va
Sutton, Mui
307
Swaiiton. Vt
48
Swlssvale, Pa
265, 680
8.
D..
Pa....
680
Switsvale
368,
Syracuse. N. Y.99, 152. 208,
266. 807, 858
So.
f
Terry, Miss
254
Texas
Thomaston,
48, 151
'51
Dist.,
48, 358, 4Hv, 631
Dak
South Brooklyn,
.
SouthFork.Pa
South Omaha. Neb
750
2u8
410
621
48
579
690
Wis
'
48
Spencer Co.,lnd
2j1
Spokane Co.. Wash.... 307.
Spokane Co. Sen. Dist. No.
6'jO
34,
Wash
Spnngbank Irrigat'n
N. W.T
Springdale Twp.
S.
5*1, 631
Dist.,
INVESTMENT SECURITIES.
238-240 La Salle Street,
Me
Falls, R.
alparaiso,
580
04.162. 761
670
162
INVESTMENT BONDS.
SEND FOR
Wahpeton.
Wake
Co., N.
Walkerton. Ont
Walla WahaCo. Sch. Dist.
63i, 691
No. 1, Wash
Waller Co.. Tex
liO
204, 308
Tipton Co.. Ind
691
350
35w
Watervllle. Me
Waterville Sch. Dist..Kan. 691
Watkins, N. Y.... 100. 266, 680
Waverly, N. Y
100
Waynesburg. Pa
204
Walton Sch.
Wayne Twp.
N.
J..
Weaihersfleld,
Webb
Co..
Tenn
49
N.
Y
JMNVESTiyTJ^SITS^
W. HARRIS &
CO.,
BOSTON.
&
Co.,
'
31,
Yakima
Wash
SEND FOR LIST
October Investments.
,
No. 44.
101.
204
30m. 411
163,
308. 463, 6a2. 681, 691, 761
Youngstown. Ohio
Ypsilantl.
Mich
691
Zjanesville. Ohio
676
«S1
BOSTON.
00 Devonshire
St.
BONDS.
Choice Issues.
Street
Railway and Gas Companies.
LIST ON APPLICATION.
&
Burr,
INVESTMENT BONDS,
60 State Street,
CO.,
BOSTON.
NEW YORK.
&
Mayer,
W, Corner Third and Walnut
Streets,
CINCINNATI, OHIO.
-
-
MUNICIPAL BONDS.
City, County, Town and School Bonds
ssued in leading prosperous States of the Union,
especially adapted for safe and permanent lnvestment for Estates and Trust Funds.
High-Grade
RANGE OF PRICES
ILLS.
•
FOR
8ECURE BANK VAULT8.
Co..
8
20 TEARS.
81—1 9 00
OUR ANNUAL
THE EINANCIaL
BANKERS,
Devonshire Street
VERMONT BONDS A SPECIALTY.
HARRY B. POWELL & CO.,
580
S. Dis.
York. Pa
MUNICIPAL
RAILROAD
CORPORATION
LIST ON APPLICATION.
Yielding from 3 to 6% net.
680
Yellowstone Co., Mont
403
Yonkers. N. Y. .. 101, 163. 751
Yonkers S. D.. N.T....10L 163
Monadnock Building,
S.
CHICAGO,
BOSTON.
ATTRACTIVE BONDS
H91
Sch.Dls. No.
CHICAGO,
1
STANWOOD &
.
153
MUNICIPAL, RAILROAD AND CORPORATION
BONDS.
Street, Chicago.
MUNICIPAL BONDS.
761
101
Co. Sch. Diet. No.
Wash
Yakima Co.
Wash
Seasongood
CHICAGO.
1<>1
..
Kan
Co.,
imyE^MJENT^
MASON, LEWIS & CO.
Quotations furnished for purchase, sale or exchange.
FARSON LEACH &
Woodstock, Ternont.
..163. 411
580
BANKERS,
F.R. FULTON &
CORPORATION BUNDb,
Municipal Bonds,
172 Washington Street,
171 la salle street,
121
Woodbine, la
Wo.-dsfield. Ohio
Yakima Co.
100
NEW YORK.
T. B. POTTER,
CO.,
MUNICIPAL and DriKinc
E. O.
Cal.. 691
fc4.
BANKERS,
31 NASSAU ST.,
CHICAGO.
Deal exclusively
BM
Wmthrop, Minn
Winthrop Sch. D.ist.
Dist.,
Minn
100, 462
369
49
A.enia. Ohio
Dak... 49, 308. 463
S. D.. Mo. 691
Westbrook, Me
West Concord Sch.
153
660
601
255
359
49
Wyandot Co. O... 101, 855. 622
Wylam, Ala
49
Wyom;ng Co., Pa
49
Wellsviile. Ohio.
49
West Bay City, Mich. .691, 751
Union Co.. Ohio
411, 622
Union Sch. Dist. No. c
?55
580
101.
Wooster, Ohio
Worcester. Mass
Worcester Co., Mass
308
4>1
Tex
S.
,')59
Williamson Co.. Texas....
Wills Point, Tex. .158. 360,
Wilmington. N. C
49,
Wilna Scl). D. No. 17, N.Y.
Wilson. N. C
101, 4B3.
Windsor. Vt
Winnipeg. Man
101,
Winnipeg Sch. Dlst.. Man.
Woodson
i
411
359
Conn
4*3
Pa
Winters. Cal
6wl
100
411
808, 869
.
Webster,
'
School Dlst.,
Weatherford, Okla
Weatherford, Tex
680, 690
AND CORPORATION CHICAGO.
La Salle
DIs.,
Warren 8ch. Dist., Pa
Warwick, N.Y
308,
Washington
06,250,
Watertown, Mass
308.
BONDS.
171
C
Ky
Wllkinsburg.
Perry, Coffin
BOSTON.
MacDonald, McCoy
Wlckllffe,
100
807
49
869, 463
Ter
411. 761
680
255
Wapakoneta,Ohio....
Warren, Ohio
DENISON, PRIOR & CO.
MUNICIPAL
Ind.
N. D
Wis
68). 761
49.
Texas
Waco,
agoner.
1.
Whitewrlght, Texas... 101, 369
Wlobltt, Kan.
681
260
VlnnuaSch. Dlst., Wis... 62*
Visalla. Cal
162
Voorheesvllle, N. Y...462. 522
Virginia
LIST.
CLEVELAND.
Dlst. No.
Joint, Sch/,.,
Wheeling, W. Va
96. 100
White Plains. N. Y....522
Vienna Twp., Ohio. ...266, 411
Vlneland, N.J
49
In Municipal,
Railroad and other bonds adapted
for trust funds and savings.
1442 Broad-Exchansre Bldg. ISSUE TRAVELERS' LETTERS OF CREDIT
A VAIL ABLE IN ALL PARTS OF THE WORLD.
CHICAGO.
Weyauwega
631
100
Thornton Sch. Dlst., Tex. i0<J
204
Thorold Ont
369
Three Rivers. Mich
255.410, 462
Tiffin. Ohio
nion City,
402, 521
4S,
95
N.
DIs.. 8.
Victor, Colo
..
Victoria. B. C
Victoria Co., Tex. 807, 402,
•Victoria Son. Dlst., Texas.
49
580
West Rutland, Vt
462
D.204. 255
s<4
751
622
162
580
Tomah, Wis
48,410, 690
Topeka, Kan
255,4)1, 631
Trenton, N.J
Triangle 9. D. No. 10. N.Y. 100
49. lo2, 307,
Troy. N.Y
358. 761
690
Troy. Ohio
Trvon, N. C
359
204
Tullahoma, Tenn
Tuscalloosa. Ala
204, 411
622
Tuscaloosa Co., Ala
Weston, Ore
94
100. 152,
Vlborg Sch.
204
751
35V. 761
LfiS
I
Ini]
35
1
Weal Homestead, Pa
West Minneapolis, Minn.
Vancouver. B. C
162, 411
Van Wert. Ohio
100
Van Wert Co.. Ohio
US
Velasco Sch. Dlst., Tex...
Ky
Ulen.Mirn
,
Mo
Y
4«:i
West Hartford. Conn
West H'Hioken, N. J
6Mf>,
Webster Groves
521
D., Pa. 410
»w
48.
Springfield, III
Springfield, Mass. .151 410,
Springfield
462
95
459
Tltusvllie.Pa
Toledo. <>hlo
South Portland, Me... 307.
Sparta.
;
Thomasvllle, N. C
151
161
Co.,
G a.
Tennessee
Tensas Basin Levee Dlst.,
580, o81, 751
La
Dlst.
Mits
Sioux Kails School
Simpson
Taliaferro Co.,
-Lerb >ro, N. C
41°
_H»
203
99,
307, 462
Sllverton, Col
Slmi Sen. Dlst., Cal
10
1
Ift2
Dirt., I'a
44
751
369, 680
204, 256
Mo
358
Sunderland, Mass
.
INVESTMENTS.
Geo. D. Cook Company,
N. Y. Office.
Pa
1 till.
Wf-terrllle, Ohio. 49. 859. 411
West Frceport, in
t-6
Valley
.
Summit
West Conshohocken
680
Utlca. N.
48
162,676. 760
..
100
l.'pper SatidnskT, O....201,
411,
Upshur Co., W. Va
Urtcb,
Dlst.. Cal..
48
Stratford, Ont
868, 681
410, 679
Sugar City, Col
Sugar City 8ch. D., Colo... 681
410, 031
Dis-
760
306
520
47
410
Salem, Ohio
410, 760
Salem, Ore
Salem 8ch. Dlst., W. Va... 410
151, 690
Salisbury, N. C
95
Salt Lake' City, Utah
676
San Antonio, Texas
San Bernardino Sch. Dis ,
47,264. 520
Cal
750
Sandusky. Ohio
Sandy Hill. N. Y..151. 254. 520
Sanford. Me
203, 690
20S
San Mateo, Cal
Stockton. Cal..
Stocxton Sch,
Seneca Falls(Town), N. Y. 47
99, 2jt
Seward Co.. Neb
203
Seward Twp., Kan
VU
Sharon. Pa
48
Ohio
Siiclby Co.,
Shepherdstown. W. Va..
631, 690
Md
Starkvllle, Miss
161
(Vil.), N. Y..
«S, 631
Sheraden, Pa
Sherman. Tex
.
Union Twp., Ind
Utah
«0O
521
.4", 681,
Stark Co., Ohio
307
868.410. 402
Snohomish Co.. Wash.579,
Somerset Co., N. J
Somerrllle, Mass
South Bend, lnd
trict,
St. Louis. Mich. ...47. 208,
St. Miohaels,
St. Paul, Minn
Stamford, Conn.
161
Schoolcraft Co., Mlcb
161, 679
Scotland C0..N.0
Soptt Twp.. Pa
161
Scranton, Pa
*!>l
Seaford. Del
99
Sebrlng, Ohio
409, 760
Rockingham, N. C
.
2M
SaultSte Marie. Ont.......
Seneca Falls
Rochester, N. Y....47. 208.
,')6S
J7,
iio, 4fl8, 090
410, 621
Sardls, Miss
Sauaertles, N.
Knvalll
Springfield. Ohio.. 161, 264,
410. 621
Spring Twp.. Kan
204
Sprliigwells Twp.. Mich
in, 462
Stafford Co.. Kau
266
REYIEW
Gives a monthly range of Stock and Bond Prices
for flTe years.
QENUINE
WELDED CHROME STEEL AND IRO:
Ronnd and Flat Bars and 6-ply Plates and Anglei
FOR SAFES, VAULTS, Ac.
Cannot be Sawed, Cat, or drilled, and positively
1886
1891
1896
1901
1881-1885
1886-1890
1891-1896
1696-1906
issue gives
issue gives
issue gives
issue gives
PRICE,
$2
PER COPT.
Burglar Proof.
CHROME STEEL WORKS,
Kent Aye. Keap and Hooper
Sole Man'f'ers in the U. S.
Sts.,
BROOKLYN, N.Y.
WM.
DANA COMPANY.
B.
rex PINE
ST.,
NEW YORK.
@FedFRASER