Full text of Commercial and Financial Chronicle : October 15, 1898, Vol. 67, No. 1738

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Q u o ta tio n

S u p p l e m e n t (Monu%)

I n v e s t o r s S u p p l e m e n t (Quarterly)

S t r e e t R a i l w a y S u p p l e m e n t (q u a n ^
S t a t e a n d C iU j S u p p l e m e n t &miAn«^f

[ E n te r e d a o o o rd ln g Co A o t o t C o n g re s s , I n c u e y e a r 1 8 9 8 , b y t h e W il l ia m B. D ana C o m p a n y , in Che offloe o l t h e L i b r a r i a n o i O o u g ra m )

VOL. 67.

SATURDAY, OCTOBER 15, 1898.
(& h x tm ic lz .
P U B L IS H E D

Clearings a t—

W EEKLY.

Terms of Subscription—Payable in Advance :
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F o r S ix M o n th s ............................................................................................
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E u r o p e a n S u b s c rip tio n S ix M o n th s (In c lu d in g p o s ta g e ) ........
7 00
A n n u a l S u b s c rip tio n In L o n d o n (I n d u c tin g p o s t a g e ) .............. 4 2 10s.
S ix M os.
do.
do.
do.
. . . . 4 1 10s.
A b o v e s u b s c rip tio n in c lu d e s —
PUB Q u o t a t io n s u p p l e m e n t
I S t r e e t R a il w a y S u p p l e m e n t
Th e I n v e st o r s' S u p p l e m e n t
| St a t e a n d Ci t y S u p p l e m e n t
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Terms of Advertising.—(Per Inch Space.)
T r a n s ie n t m a t t e r . . . . ............ $ 3 5 0 I T h r e e M o n th s (13 tim e s ) ..$ 2 5 00
s t a n d in o b u s in e s s c a r d s .
81x M o n th s
(26 “ ).. 4 3 00
Two M o n th s
(8 tim e s ) .. 1 8 0 0 | T w e lv e M o n th s (5 2 “ ) .. 5 8 00
L on d on A g e n ts:
M essrs. E d w a r d s & S m it h , 1 D r a p e r s ' G a r d e n s , E . C „ w ill t a k e s u b
s o rlp tlo n s a n d a d v e r tis e m e n ts , a n d s u p p ly s in g le o o p le s o l th e p a p e r
a t I s . e ac h .
W I L L I A M B , D A N A C O M P A N Y , P u b lls n e r a ,
P in e S tr e e t, C o rn e r o f I^earl S tr e e t,
P o st O y p io b B o x 9 5 8 .

NEW

+158
+4t
+10 7
+33-8
—7<
+4*
+8-2
+ 18 5
+10M
+16 7
+1*1
+14*0

659,9*35.118
58.466.875
13.041.711
13,352.) 85
4.806,381
2.058,921
1.838,27!
857.002
774,19]
035,62<
310,OO(
056,720,622

071.873
330.900
764,163,071

B oston......................
Providence..............
H a rtfo rd ..................
New H a v en .............
Springfield..............
W orcester................
P o rtla n d ..................
Fall R iv er...............

113,893.888
6,789,4'X
2,931,537
1,933,470
1.075,048
1.710,30*
1,763,890
839,989
791,423
049.024
181,975,031

113,033,378
5,530801.
2,824.13*
l,729,0it
1.398, iCL
1,092,505
1,853,07)
1.114,45c
729.708
0J2.O8*
180,304,359

+0 8
t4H
+3 8
+ 111
+19 8
+2\
+0'O
—247
+8 6
+ 7-8
+ 1-3

87,409.072
6,146.00<
2,538,173
1.647.92!
1,186.09(
1.437,163
1,383,728
1,092,48!
041 801
451.73*
102.883,709

101,136.181
0,429.800
2.774,722
1,897.084
1,769.533
1,619.201
1,010.404
980.976
718,602
. 531,569
122,494,374

117.784 353
16.103 250
0.900,241
7,703 200
0.010,691
3,976,000
2.123,935
1,982.102
2,691,972
1,032.341
827.31C
423.623
813,113
380,700
2c 2,084
187,305
194 084
207.431
348,400
742.187
108,714,204

108.004,895
13,901 DOC
0.002.228
0.713.871
0,237.021
3,481,20vJ
2.8)5,485
1,804.275
1,753.692
850,807
793.9D-2
29J,107
327.700
285.000
24^.321
197,4 72
106.565
180,939
270,719

+9"1
+8 0
+ 46
+14-8
-a-e
+ 14 2
-9*8
+03
+47'8
-Mi 3
-i-4-2
+45 o
—4 4
+319
+1*5
—5-1
+ 17-0
+11 0
+28-7

74,880,100
11.173,16(
6,801 017
6.220,65)
4.470.524
8.218.0,0
1.805.461
1.068.894
1.436.86)
806 93*
012.24C
270,091
207.4OC
223.001
222.741
180,786
140,561
103.11C

81.262,3)8
ID 686,050
7,194.603
0.317,798
5,109.077
4,448,700
1.651,186
2.039 812
1.687.6-35
804,954

154.921,330

+8'9

112,043.287

137.692,088

17.803.1U
t.030,6 J4
2.194,431
2,335,'09
655,089
837,508
1,245.084
1.028 137
270.000
141,091
27,602,019

15,9^5,075
2 048 910
1,991.497
1,315,890
450,000
707.955
700 011
779.418
337.504
60.507
24,402,403

+8*3
—20 1
+ 102
+81*3
+23 3
+ 1+3
+77-8
+321
-2 0 0
+03-7
+13-i

11,977.210
987.405
1,035.865
904, *80
612.882
624,090
625.000
700 880
644.408
77.*80
18,450,094

13,239.083
1,230.386
1.4*3,033
1.19o,393
543.131
009,757
56'',358
447,400
200,000
101 320
19.097,432

13,231.021
12,824,817
7,039,101
5.803.036
3,017,592
1.277,410
2.860,000
1.8uO,OvU
1,028 990
451,004
382,700
045,55-'
100.265
127.872
51,450,037

11,400,623
11,028.501
0.089,602
5.880.730
2.420.029
1,012,165
1,581 019
1,2 no, 000
830.014
450.8n9
420,700
400.860
112.009
116,091
43,777,611

+15 4
+10 3
+20 3
—04
+49 A
+22 5
+80-2

10 040,123
10 537.577
3,636,562
4.084.879
1.953,*93
400.000
1,020,211
946,8i 9
636,071
242,738
860,507
300,288
84 927
88,439
84,810.164

11,752.917
11.801,672
4,278,128
4.H21 995
2,843.090
1,693 960
1.383.000
968.140
039,819
380.300
2v-3 814
420.171
54 094
87.326
40.700,470

80.895.895
0,440 08 >
n,WL0.9fl0
5.094.400
6,280.031
3.971,092
2,844,954
2,100.789
1,8/9.230
1,327.010
1.120,300
883.53
1.183,51)1
512.772
037.708
302.052
308, ODD
388.013
619.0U0
72.699,312 “

27,393,007
7,068,218
0.408,050
4,483,160
4,00 J.990
4,090.401
3.442 754
2,301.391
1,807.451
1,776.000
1.016.0 *3
913 903
1.196,188
459,333
457,721
439,000
195.090
29 4.897
1,005,00)
09,449,126

T o tal New E ng...
Chicago.....................
C in c in n ati...............
D e tro it.....................
C leveland................
In d ia n a p o lis ..........

Week Ending October 15.
1898.

1897.

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

T ot. Mid. W est’r .
San Francisco........
Salt L ake C ity........

Per Cent.

N ew Y o rk ...................................
B o sto n ..........................................
P hiladelphia...............................
B altim ore...................................
C hicago.......................................
8 t. L ouis........................ .............
N ow O rlean s.............................

$635,285,887
91,851.714
57,909.481
10,708,800
90.324,853
27,554,243
8,304,411

$088,597,781
87,500,702
58,070,732
14.384.862
85,524.830
20.272.081
0,507,633

4-2-5
+50
—1*8
+10-0
4-12-0
4-4-9
-4 0

Seven c ities, 5 d a y s..........
O ther cities, 5 d a y s.................

$981,978,952
170,278.413

$947,518,470
100,917,243

+3*6
+ 5 '8

T otal a ll c ities, 5 d a y s ....
All oltlea, 1 d a y ........................

41,152.255,305
225.907,641

$1,103,435,713
222,435.147

f4 0
+ i- a

T otal a ll oitles for w e e k ..

f 1.378.103,000

41.380.870 800

4-3.5

The full details of olearings for the week oovered by the
above statement will be given next Saturday. We oannot,
of course, furnish them to-day, bank olearings being made
up by the various olearing houses at noon on Saturday, and
henoe In the above the last twenty-four hours of the week
ha ve to be in all oases estimated, as we go to press Friday night.
We present below our usual detailed Ugures for the pre.
vlous week, oovering the returns for the period ending with
Saturday noon, October 8, and the results for the oorresponding week in 1897, 1896 and 1895 are also given. In com
parison with the preceding week, there is an increase in the
aggregate exchanges of one hundred and ninety eight mil
lion dollars, and at New York alone the gain is one hundred
and fifteen millions. Contrasted with the week of 1897 the
total for the whole country shows an increase of 12'2 per
cent. Compared with the week of 1896 the ourrent returns
record a gain of 50'0 par cent, and the excess over 1895 is
29'3 oer cent. Outside of New York the increase over 1897
is 7'6 per cant. The excess over 18 hi reioaes 38'4 per cent,
and making comparison with 1895 the gain is seen to be 16 1
per cent.

1896.

771.8M.I0S
73,980,lri(
17,152.192
17,405,39(
5,017,892
2,127,42*
1.080,317
1,002.412
790,481
779,321
363,200
891,950.817

CLEARING HOUSE RETURNS.

CLMARINOB.
Return* bu Telegraph.

Week ending October 8
1898.
1997.
1890
P . Cent

New Y ork..............
889,055,850
P h ilad e lp h ia .........
77,551,02(
P ittsb u rg .................
20,300,181
B altim ore................
23,280,888
Buffalo.....................
4,008 895
W a s h in g to n ........
2.230,917
R ochester................
1.825,59*
1,187,25"
Syracuse..................
870,25*
Soranton..................
901,031
W ilm in g to n -..........
357,10(
B ingham ton ...........
T o tal M iddle....... 1,082,302,974

YORK.

The following table, made up by telegraph, eto., lndioates
hat the total bank olearings of all the olearing houses of
the United States for the week ending to-day, October 15>
have been $1,878,163,006, against $1,474,644,677 last week and
$1,330,870,860 the corresponding week of last year.

1898.

No. 1738.

Slonx F alls.............
T otal Paolflc.......
K ansas C ity...........
M inneapolis.......... .
O m a h a..... .............
8t. P a u l..................
D avenport...............
Des M oines.............
Sioux C ity ...............

H a stin g s..................
T o t. o th e r W est.
8 t. L o u is..................
New O rleans...........
L ouisville................
G alveston................
H o u s to n .................
R ichm ond...............
M emphis..................

T o tal S o u th e rn ..

T o tal a l l . . . . . ....... 1.474.044.077 1,314,806 013
O utside N. Y ork. 585,689.027 513.441,506
M ontreal...... ..........
14,001.837
T oronto....................
9 2111,050
10,108 981
H alifax....................
1,150 t00
1.354
W innipeg.................
2,004.776
3.110.003
H am ilton.................
819,128
80H 6-31
0 ’7 210
St. J o h n ...................
680 575
29,827.894
T o tal C anada. ..
29 901.7 6
.3* N ot Inoluded u to ta ls.

+23,1
+o-o»
—90
+383
+)3D
+U1
+175

73,712,8i8
14.711,269
4.980,908
2,211.408
1.044,325
1,035,157

300,102
20-,352
328 711
391 880
213,404
1*0 092
196.408

+128
24 800,807
20.547642
—8-0
la .584,224
8,710 018
+7-9
0,207.217
4.88*.363
+13 0
3.706,810
8,749.460
+13*4
3.187,744
3.218 310
+28
4,3l8 240
3 0i6 836
-17-4
2,274,172
2J81.H40
2 255.347
-11-1
2.700,018
1.790.177
+4"0
1,090.609
—25*2
810,000
977,780
+10*3
1,073,725
1 091,957
-3*3
825.000
0 9,132
—5-2
1,051.119
1,1*0.403
459.796
+ 110
499+04
+3+3
419.009
399.087
-31*2
878.321
829 *44
4-0 3
2 0,789
2*U 120
247.070
+ 3 l‘o
25:.676
—36 4
00,620 824
53,627,133
+1-6
+12 2 983,041.504 141.754,265
+7-0 "423.100,451 503.123,531
11,923.001
11,188,445
+2 7
0,577,419
0*3+338
+9 7
l 2-8.702
1.331,399
—0 0
1,358,023
1 728,024
-35-7
7.7 072
-1-5
775 619
+9 5
718,042
IS O 1
4-M-4 22 158 v+0

7t>2

THE CHRONICLE

THE STATE AND CITY SUPPLEMENT.
A uew number of our State and City S upple mkst is sent to our subscribers this week. It will be
found more com prohensire than any preceding issue,
a net addition of 128 having been made this time to
the number ot places represented in it, after continu
ous increases iu all the preceding issues. At the same
time the statements already included have been exten
sive' v revised through the insertion of new and later
data. In brief, iu every wav the effort has been to
add to the usefulness and value of the book.
THE FIN A NCI A L SITUATION.

[Vos. X L vn.

keeping the old world iu a kind of quiver, as if lead
ing governments were on the odge of actual hostili
ties, all of which is necessarily in some measure re
flected iu our markets. It is not required to inter
pret these clnshings between opposing interests as
meaning war; all it is necessary to say is they tend to
arrest the growth of confidence. For latest illustra
tion of the feeling which prevails we may mention
the speech of Lord Rosebery, the Liberal leader
and ex-Premier, at an agricultural dinner at Ep
som on Wednesday. He said on that occasion
that ho was responsible, both personally and minis
terially, for the declaration of Sir Edward Grey on
which the present policy in regard to Fashoda is
founded, and that he had no disposition to recede fro m
a word or a syllable of that declaration. Then he
added what he called “ a few guarded and, I hope, in
offensive words on a subject so vital to our interests.”
They were these—

Affairs in Wall Street have worn much the same
unsettled aspect that has been so prominent a feature
during recent weeks. Most of the ordinary and more
substantial conditions have continued of an en
couraging character, and have led to a reaction the
“There are two or three considerations in connection with
hist few days; but the influences dominant the greater
the question which make it of supreme gravity, the greatest
part of the week kept the market unsettled. The being that, io face of a deliberate warning that a particular
important centre of disturbance has been the indus act would be considered an unfriendly act, that act, in spite
of great geographical difficulties, great hardships, and almost
trial organizations, of which the more notable in insurmountable obstacles, has been deliberately committed.
“ ihe word ‘ unfriendly,’ used diplomatically, is of excep
speculative circles have developed great weakness.
weight and gravity, and when used to denote an act
The movement would seem to have been manipulated tional
committed by one government against another, the situation
from the first, and to date back many weeks, when is grave. On that point I will say no more. Behind the
of the Government in this matter there is the untiring
there was a rise in values to extreme liign fig policy
and united strength of the nation. It is the policy of the na
ures, which has been followed now by an equally tion itself, and no government that attempted to recede from
it, or palter therewith, would last a week. I am perfectly
conspicuous break. We referred two weeks ago certain
that no idea of anv weakening on this question has
to the circle described by the movement in American entered the heads of Her Majesty’s present advisers. Tuey
only to maintain the attitude revealed in the Bias
Tobacco stock, and last week to the advance and to have
Book, aud the nation will make any sacrifice and go to any
the tumble which has signalized the American Sugar length to sustain their action.”
Lord Rosebery, of course, does not represent the
Refining stock. These properties have both touched a
materially lower point since we wrote about them, Government. If he did, such words would mean
and the indications are that the downward movement war. He represents the opposition and, no doubt,
has in neither case been arrested. More than that, represents also public opinion iu Great Britain.
But, as already stated, the more substantial domes
the entire industrial list, and indeed all securities,
were for the time more or less adversely affected by tic conditions affecting the markets have continued,
the developments in that class of stocks, and the as heretofore, encouraging. Railroads have for weeks
weaker ones were more closely scrutinized by money shown a gratifying traffic movement, aud now that
wheat has begun to come forward very freely from
lenders.
In some measure, too, the political struggles now the Northwest, the gains in earnings are becoming
in progress and to be determined early in November even larger. The weekis also conspicuous for the active
have discouraged buyers. Such a result appears to foreign baying of wheat and to a considerable extent
be most reasonable. We arc in the midst of contests of corn; exports of these cereals were very heavy, and
which will settle the complexion of the Senate and though for the last day or two the demand app-ars for
House for another
re are but few in the moment iu large part satisfied, there is no doubt
vestors that have it in mind to purchase securities of its renewal. Higher freights were a feature, and very
who would not hesitate if they thought these elec likely a cause of the smaller business towaids the
tions were the prelude to the introduction of another close, buying being perhaps held in abeyance while get
term of Populistic talk, agitation and voting—even ting purchases already made shipped. It is, though,
in one branch of Congress and perhaps in both— becoming more and more evident that all our surplus
notwithstanding they knew that a President’s veto wheat will be needed by the outside world. The re
stood between that talk and action. The past dis port has again been persistently repeated that exports
turlntrices to business and values that the mere agita from Russia were soon to be prohibited by the Gov
tion by onr law-makers of propositions affecting the ernment. Very little credence was given the state
stability of values has caused, are too fresh iu memory ment here, as it has been so often and so positively
to permit the public to free itself wholly from hesi rumored; but that the crop in that country is a very
tancy with reference to a future that involves such short ono appears to be generally admitted now;
disturbing possibilities. Then, too, a like state of higher prices have failed to increase the outflow. A
mind is further encouraged by the conviction that a drought harmful to the growing wheat in Australia
Congressional victory now of the Silver forces would has been reported.
go far towards compelling the country to pass through
Another condition favoring stock operations has
another Presidential election, with 16 to 1 as the con been the growing ease of money. No effect on our
trolling issue.
market is likely to follow the advance on Thursday
Moreover, besides these domestic contests and the of the Bank of England minimum rate of discount to
restful feeling they give rise to, there have been of 4 per cent from 3 per cent. The advance has affected
late European complications and anxieties, the out foreign exchange and improved the conditions for the
come of witi^differences in many quarters, which are purchase of exchange for investment; it may, too.

O c to ber 15, 1898.]

THE CHRONICLE.

lessen for a time the movement of gold to New York
and not unlikely will turn whatever demand there is for
gold shipments to this country over to Paris and
Berlin. But our money currents have set so strongly
toward ease, and at present so many conditions are
contributing to an increase of loanable funds at
this centre, that a return of active money here is out
of the question. Nothing but an absolute reversal
in the policy of the Treasury Department
•could lead to such a change, and that :'s
not presumable. It is stated from Washington
that a little more than $189,000,000 has been
received on account of subscriptions for the 3 per
cents, leaving about $11,000,COO still outstanding.
Almost daily the Treasury Department is increasing
the amount of public money on deposit with deposi
tory banks; presumably the institutions in the interior
are receiving the larger portion of this, for supplies
are most needed there, and additional deposits in our
banks would serve no good purpose. Treasury dis
bursements have continued in excess of receipts. The
transfers of cash to the interior through the Treasury
have been heavier than in any previous week. These
increased calls are from the West and the Southwest and
indicate a demand just such as current facts would
lead one to expect. Cotton this year is late, so that
the cash requirements for its movement are late. As
to wheat, what we have said above about the much
fuller shipments from the Northwest and the active
export demand afford good and sufficient reason for
the enlarged employment of money in that section.
The report of the Agricultural Bureau at Washing
ton, issued this week, serves to define pretty clearly
the present year’s crop situation. The wheat report
is withheld pending the result of further investiga
tions, but all accounts agree in saying that the crop
will be a large one—the spring-wheat portion of it of
unusual dimensions. In the case of corn the average
of condition has been reduced about two points since
last month, but the condition is nevertheless five
points better than at the corresponding date in 1897—
that is, the average is 82, against 77T. The promise
is therefore of a larger total yield than last year,
even though the acreage is slightly less.
The
indications point to a crop of between 1,900
and 2,000 million bushels, which will compare
with 1,903 million bushels in 1897 and 2,283 million
bushels in 1896. One geographical section will
show a decided improvement over a year ago,
namely that composed of the States in the Central
Western belt, where the average for Indiana is 91
against 76, for Illinois 84 against 81 and for Ohio 92
against 81. Texas also will have an unusual crop,
the Bureau reporting a condition of 97 this year against
78 last year and 41 in 1896. In Kansas and Ne
braska the yield will be poor, the first-mentioned
having the same low average as in the preceding
season—that is, 58—and Nebraska showing a condi
tion of 57 against 86 in 1897 and 101 in 1896. The
only other important grain crop is oats, and this we
figure, from the Bureau’s report of yield per acre,
will differ very little in aggregate production from
either of the two years preceding; that is, the crop
will be 703 million bushels, against 698 and 707
million bushels, respectively, in 1897 and 1896.
The iron trade seems to keep in good shape, the
finished forms of iron and steel being particularly in
demand. A feature of strength as far as the raw
material is concerned is that notwithstanding the

763

favorable outlook, production has thus far increased
in only a moderate way, while on the other hand
stocks are being steadily reduced. The “ Iron Age”
of this city this week publishes its usual month
ly record, from which it appears that between Sep
tember 1 and October 1 the increase in the weekly
output of pig iron was only 2,592 tons, raising the
total to 215,635 tons per week. On August 1 the
weekly production had been only 206,777 tons, but as
recently as May 1 it was 234,163 tons. As compared
with this latter figure, therefore, there is a decrease
at the rate of nearly a million tons per year. At the
same time each month since May 1, as it happens,
stocks, sold and unsold, have diminished, until now
they are 212,796 tons less than they were at the date
mentioned.
On account of the crowded condition of our columns
we are unable to review this week two very interesting
reports of large companies, namely the Great Northern
and the Chicago Burlington & Quincy. Both com
panies make a surprisingly favorable showing, and
that of the Burlington & Quincy comes at a time when
the death of Mr. John M. Forbes—who was so long
and so prominently connected with the affairs of the
company, and who contributed in no unimportant de
gree to its prosperity—is announced. As to the Great
Northern, it stands almost unequaled as a money
maker. We hope to speak more at length with regard
to both properties next week.
Money on call, representing bankers’ balances, has
loaned at the Stock Exchange during the week at 3
and at 2 per cent, with the bulk of the business and
the average at 2£ per cent. The higher rate was re
corded on Monday but thereafter the range was from
2£ to 2 per cent, and almost daily large amounts of
money were left unemployed at the close. Banks and
trust companies quote 2^ per cent as the minimum.
While there is an abundance.of money offering on time,
there does not appear to be any particular pressure,
lenders probably feeling that, considering the period of
the year, money is worth current rates. Brokers who
make a specialty of loaning on time quote 2£ per
cent for thirty days, 3 per cent for ninety days and 3
per cent bid with offerings at 3£ per cent for six
months.
Other brokers whose business is more
widely distributed quote 2£ per cent for thirty to
sixty days, 3 per cent for ninety days to four months
and 3@3£ per cent for fiye to six months, with a fair
amount of transactions. The dealings in commercial
paper are moderately large, the supply is increasing,
and the demand for the best names is good, not only
from the Jcity, but from out-of-town institutions.
Rates are 3£@3£ per cent for sixty to ninety, day en
dorsed bills receivable, 3£@4£ per cent for prime and
4^@5 per cent for good four to six month’s single
names.
The Bank of England minimum rate of discount
was unexpectedly advanced on Thursday to 4 per cent
from 3 per cent, at which it had stood since Sept. 22.
This advance was in part due to the advance in the
Bank of Germany’s rate on Monday to 5 per cent and
to higher discounts atjVienna, theJAustrian Bank rate
advancing to 4£ per cent. The cable reports discounts
of sixty to ninety-day bank bills in London 3-£@3£ per
cent, against 3@3£ per cent on Wednesday. The open
market rate at Paris is 2 per cent, and at Berlin and
Frankfort it is 4@4^ per cent. According to our special
cable from London the Bank of England lost £550,99
bullion during the week and held £31,195,951 at the *

764

[Voi.. LXYII.

THE CHRONICLE.

close of the week. Our correspondent further advises
us that the loss was due to the export of £319,000
(£150, muo being to Egypt, £95.000 to China, £5,000
to Calcutta and £39,0o0 miscellaneous), to the ship
ment of £ 977,000 net to the interior of Great Britain,
sad to imports of £15,000, wholly from Australia.
The foreign exchange market, has been easier in
tone this week, influenced by liberal offerings of cot
ton and grain bills for spot and for future delivery.
The b iv.ug of bankers’ loag sterling for investment,
to hold until it runs to sight, has continued, though
purchases have been somewhat limited for the reason
that the tendency of the market being downward, in
tending buyers were disposed to wait for a further
decline in rates. Easier money here and higher dis
counts in London will most likely encourage ’liberal
purchases of long sterling for investment in the near
future. The advance in the Bank of England rate of
discount on Thursday had very little influence upon
the market. The engagement of $500,000 gold in
London for shipment to New York was reported con
signed to J. A W. Seligman A Co. and also $500,000
to hazard Freres. The arrivals of gold from Europe
during the week have been $1,280,293: previously re
ported, $20,713,210 ; making a total of $21,993,503
on this movement.
The posted rates for exchange remained at 4 82£
for sixty day and at 4 85 for sight until Thursday,
when the Bank of British North America reduced the
long rate to 4 82, and the range thereafter was from
4 82 to 4 821 for sixty day and 4 85 for sight. Rates
for actual business opened on Monday unchanged for
long, compared with those at the close on Friday of
last week, at 4 81} @4 83, but short bills and cable
transfers were advanced one-quarter of a cent, to
4 84|@4 84J for the former and 4 84J@4 85 for
the latter. On the following day the tone was easier
and rates for actual business were reduced one-quarter
of a cent all around, to 4 81£@4 81| for long, 4 84@
4 84 i for short and 4 844@4 84J for cables. The
market was barely steady on Wednesday. On Thurs
day the only change caused by the advance in the
Bank of England rate was a rise of one-quarter of a
cent in short sterling and cable transfers to 4 84}@
1*14 for the formerand 4 81}@k 85 forthe latter, and
the tone was firm, so continuing on Friday. The fol
lowing shows daily posted rates for exchange by some
of the leading drawers.
o jl il t

I'o trrg n

J 60 days
IHtsbU
100 day*
Berio*.
M*«fonn £ Co., l flitf hU
t «o day»
Ban* BhUih
Hfe Am erica.. l Sight.
IOO<Ujr»
Bank of
........ m # in OibwilkA Bwik 1no <Ujr*
f tbu.
Q a4«lM «b, lefc- 10O4ar»
a Ofe I HUfhb.,
Lou-xrU
,, \ HftfM..
KA rrliM W ’ Bfc. 15°
*flUrtu.,,
Of Canada. .

sates

r e s roRKfO S

k x u iia s g k .

F k i , MO*.. TIT»b
Wa
T hi
H-lii
O-cL 7. Oct. 10. Oct. 11. Oct. 12. Oct n . Oct, 14.
t2*
m*
92*
‘2
9b
85
65
*5
*2*
SSH
S3*
99*
g*
8a
65
m
m*
92*
m
W4
12
*6
96
Hft
Hf,
92*
92*
m*
h i*
96
s*
96
85
"0
82*
W i
2*
8&
85
Si!
82*
9b
8b
8“
'* *
g*
§*
«6
8*
S t*
*9*
J2H
92*
s<*H
95
3“

The market closed firm on Friday, with rates
for actual business 4 81l@4 81J for long, 4 84)@4 84^
for hort and 4 84} Pf, 4 85 for cable transfers. Prime
commercial 4 80lft$4 81 and documentary 4 80@4 81.
Cotton for payment, 4 8Q@4 801, cotton for accept
ance 4 >-i>li,v } 81 and grain for payment 4 80,)@4 81.
The following statement gives the week's movement
of money to and from the interior by the New York
banks.

BecMved by Shipped by
N. Y , Bank*. N. F . Bank*.

IPh * jBndinj OcL U , 1888.

N et Interior
Movement.

io id ................................. ..................... .

•3.117.000
2.82i;000

*5.394,000 L os8.$2,2 77,000
2,318,000 Gain.
508,000

Total mold and le e al lo a d e rs-----

•5.941.000

*7,712.000 I/OBB.$l.771.000

With the Sub-Treasury operations and gold im
ports the result is as follows.
Wm A BruUnt Oct. l i . ISPS.

Into
Banks,

O ut of
Banks.

B euk«’U lterior m orem ent* a* above
Sab-T reaauiy oper. and gold im p’ts

$5,941,000
28.800.000

Net Change in
Bank Holding*.

$7,712,000 L oss.Sl, 771,000
22,300,000 G ain. 8.500,000

T otal gold and legal te n d e rs ___ $34,741,000 $30,012,000 G ain $4,729,000

The following table indicates the amount of bullion
in the principal European banks.
OcL 14, 1897.

OcL 13, 1808.
Bank of
ffinjd an d ........
Prance__
G erm any- ..
Russia
A usL-H ung’y
Spain.
I t a l y . ............
N e therlands.
Nat. Belgium

Gold.

SUver.

Torn.

X
31,105,051
73.038.846
28,902,000
102,752.000
35.208,000
10,040,000
14,881,000
4.313,000
2,861,000

X

£
31,195.061
123,176,001
86,306.000
106.611,000
47,736,000
10,182,000
10,8-14,000
11,008.000
4,292.000

49,237,714
12,314.000
3,850.000
12,628,000
6,242,000
2,203,000
6,695,000
1,431,000

Gold.

Silver

£
X
31,997,028
78,475,764 48,249,641
26.405.OuO 18,118,00(1
114,190.000 4,282,0u0
38,398.000 12,462.000
9.028,000 10,440,000
16,250.000 2,422,000
2.029.000 6.720,000
2,800.000 1,400.000

2 ota..
»
31,997,028126.725.408
38,588.000
11-.422,000
60.850,000
19,468,000
17,678,000
0,349,000
4,200,000

Tot.this week 299.851,297 03,530,714 303,391,011 318,232,792 99,039,044 417,272.436
T ot.prev. w 'k 300,900.782 04,140,468 396.131,245 919.195,274 99,300,150 418 504.424

BRIGHTER PROSPECTS OF IN D U STR Y AND
TRADE IN TH E UNITED KINGDOM—HOME
AND FO REIG N*

M anchester , October 5th.
Thoughtful and experienced merchants and manu
facturers have, within the last few weeks, become in
creasingly hopeful, and even confident of a coming
improvement, substantial and progressive, in the
general trade of the country, both home and foreign.
This confidence is founded, first, upon the abundant
harvests this year in Europe and America, the de
ficiency over a large area of Russia being the only con
spicuous exception. In this country and in the
United States the cheap loaf is not now a vital con
sideration, and even so great a rise in the price of
wheat as we have seen during the last twelve months
does not curtail at all seriously the consumption of
higher forms of food products or of manufactures. On
the European Continent, however, where the standard
of living is lower, it has undoubtedly this effect. In
that part of the world consequently, and in a lesser
degree even amongst the more advanced population,
the great saving effected by the abundance and cheap
ness of the primary element of food supply must leave
an enormously increased margin of income to he ex
pended upon the satisfaction of other wants, and in
particular upon manufactures.
Another ground of confidence is the cessation of
the Spanish-.American war. This removes a powerful
hindrance to the progre s of the revival in the do
mestic trade of the United States, which was visibly
growing when the shadow of the conflict fell upon
the land last spring. Observant people on this side
who carefully follow important new developments of
industry and commerce are not unmindful of the
great strides which the manufactures and the manu
facturing capacity of America have made within re
cent years, nor of the evidence of power to produce in
excess of home requirements which has manifested it
self in certain branches. Some indeed are so strongly
impressed by it as to conclude that the United States
will never again become so important a market for
British manufactures as in past times. Others, how* C o m m u n ic a tc d liy o u r S p e c ia l C o r re s p o n d e n t a t M a n o lie ste r.

October

15, 1888.]

THE CHRONICLE.

ever, with perhaps better justification, remember that
since 1890 the United States markets have, owing to
a succession of causes, been subject to adverse in
fluences of one kind or another, and they hold that
as soon as general prosperity is again restored our
exports thither will rise to, if not beyond, the
largest figures of past times.
It is not doubted, even
by those who hold this opinion, that in respect of
some classes of manufactures—those of certain kinds
of iron and steel for example—America will in any
case retain her power of effective competition in the
markets of the world. Not so, however, in regard to
other classes. F or.it is urged, a proportion of the
growth of exports is of the nature of surplus jbrodac
tion, forced out, so to speak, without regard to profit
because of the temporary incapacity of the home mar
ket to absorb the whole of it.
Even in respect of some descriptions of iron, steel
and machinery, a portion of the demand for American
manufactures, beyond the limits of the States, can be
traced to the heavy engagements of European—chiefly
English—producers. Never before have the numer
ous branches of the engineering, ship-building and
steel manufacturing industries in the United King
dom been so fully employed, or their productions so
extensively appropriated beforehand under contract
as they are now. Largely, no doubt, or at least to a
considerable extent, the busy state of these industries
may be ascribed to the prolonged engineers’strike, but
even when that began the engagements of manufac
turers were already very heavy. They are heavier
now, and it is known that orders both from this coun
try and from other parts of the world have gone to
the United States simply because they could not be
executed here within the desired limit of time, or else
because English producers, encouraged by the abund
ance of their orders and the continued large demand,
had greatly raised their prices.
But the return of general prosperity in the United
States, already distinct enough, is not the only bene
ficial consequence of the close of the war which is
assuredly looked for. English merchants trading
with Cuba, Porto Rico and the Philippines have had
a bad time this year. Ever since 1892, indeed, when
the Spanish Colonial import tariffs were enormously
raised against foreign goods, whilst those of Spain
were admitted free from purely Customs duties, the
exports of English manufactures to these possessions
•had greatly fallen off. Manchester houses shipping
to Manila were, indeed, compelled to open branches at
Barcelona, whence they exported Spanish textiles to
the Philippines. These branches have now been given
up, and it is expected that, under the new and better
administration of these naturally rich islands, our
trade with them will, under any circumstances, be
greatly improved. Everyone who is interested in this
question sees, of course, that the future Customs ar
rangements in Cuba, Porto Rico and the Philippines
are an important consideration, but this aspect of the
matter is little discussed, partly because no one really
knows anything about it, and partly because the pre
vailing opinion is that whatever these arrangements
may be, or whatever disposition may be made of the
Philippines, British trade with all the possessions
lately in the hands of Spain will be carried on under
much more favorable conditions than before.
A further consideration regarded as pointing to an
improvement in business is the re-establishment of
Egyptian authority in the Upper N'le region. Years

765

ago comparatively large quantities of cotton goods
were sent, via Cairo, to the Soudan, but this trade has
almost ceased to exist since the revolt against the
Khedive, the cultivation of large fertile tracts has
been abandoned, and commercial intercourse with the
Soudan has all but ceased. It is now expected that
under the new order agriculture and other industries
will b« revived and will receive a fresh stimulus,
greatly to the advantage of the inhabitants, and that
the commerce of Egypt with the interior, and conse
quently with the rest of the world, will expand very
considerably. It is certain that more attention is
being devoted to the Egyptian trade, and a significant
circumstance is that some of the Armenians, in whose
hands is the larger part of the important trade between
England and Turkey, have lately begun to establish
houses in Cairo and Alexandria. They are shrewd,
industrious and often highly honorable merchants,
and they may be trusted to make the most of the
opportunity of extending the trade of Egypt which is
presented hy the Sirdar’s decisive victories on the
Upper Nile.
To these indications of improvement must be added
the prospect of a revival in the Indian trade. Mer
chants engaged in it are certainly more hopeful than
they have been for a long time past, although they do
not express their more cheerful anticipations without
some reserve. The famine is a thing of the past, bu t
plague still lingers, and it may become more formid
able in the coming winter. Money is rather scarce, too,
in India even now, in the quiet season, when it is usually
most abundant. Within the last fortnight the discount
rate of the Bank of Bengal has been put up from 4 to
5 per cent, and some experienced merchants are appre
hensive of even greater stringency than that
experienced last spring and early summer when
the next produce season comes round, about six
months hence. Still the monsoon has been on the
whole a very favorable one and the warm
weather crops now being reaped—the principal
crops of the year—are undoubtedly plentiful,
assuring to the people abundant and cheap food,
and furnishing the basis of a large export of such
produce as is grown under the summer monsoon rains.
Wheat and oil seeds are winter crops and are only
now being sown, chiefly in the northern half of the
Peninsula. During the last ten days some foretaste
of the expected revival of the Indian demand for
Manchester goods has been experienced. Very con
siderable orders, chiefly from Calcutta, have come by
telegraph, and manufacturers of several leading des
criptions of goods have taken orders which place
their production under contract for some months to
come. The hope of a continuance of better intelli
gence from India is founded not only upon the good
summer crops but also upon the falling off in the
supplies of cotton manufactures shipped to the De
pendency in 1897. The following table shows at a
glance the exports from the United Kingdom in each
of the last ten years.
1888
1889
1890
1891

EXPORTS OF COTTON PIECE GOODS TO INDIA.
T a rd a .

................................................... 2 ,0 3 5 ,1.18,9D 0
..........................................
2 ,0 1 ,1 5 3 ,4 0 0
.............................................2 ,0 2 1 ,0 2 8 ,5 0 0
...........................
. 1 , 8 8 6 , 9 1 ,9 0

1 - 9 2 ...................
...... 1 ,8 5 1 ,8 7 2 ,5 0 0
1893
.............................................1 .8 8 8 ,2 9 1 ,2 0 0
1894
........................................... 2 ,2 7 6 .2 2 7 ,7 0 0
1895
.............................................1 .7 1 8 ,2 2 4 ,0 0 0

1896

1897

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

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

£

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

1 6 ,0 6 6 ,3 1 6

1 3 ,4 7 4 ,5 9 3

No reliable information as to the stocks of goods
held up-country can be obtained. It is inferred, how-

THE CHRONICLE.

[YOL. LXVI).

On the other hand, the outlook in the English
home trade is decidedly promising. Reports recently
received from all parts of the country of the retail dry
goods business during the p6st summer are generally
quite cheering. In the early part of the season cold and
wet weather operated against the distribution, but high
temperature and bright sunshine during August and the
first half of September supplied ample amends, and
drapers finished the season with light stocks. Even
more favorable is the circumstance that nearly all the
leading industries of the country are very fully em
ployed, and although something is to be desired in the
textile districts, particularly in the Yorkshire woolen
and worsted industries, some improvement has
lately become distinctly visible Then there are the
abundant crops of nearly all kinds, which have put
heart into tho agricultural population, and the close
of the great colliery strike in South Wales has removed
the only important interruption of that kind to the
industry of the country. Much the most important
part of the agricultural production of the United
Kingdom is that of the fields and pastures, and this
has been enormous everywhere. Indeed specific re
ports have come from various parts of England and
Ireland that the yield from the soil, taken altogether,
has not been so large for forty years past as in J89S.
K X rO H T S O F COTTON" P IE C E G O O D S T O IN D IA .1 AN. 1 TO AD O . 3 1 .
The condition of the Lancashire cotton industry has
Y ard s.
s,
undoubtedly
improved within the last three months.
................................................................... 1 ,3 8 9 ,8 » 3 ,4 0 0
1 0 ,9 2 0 ,7 7 5
X 8 ° 7 . . . . ........ .................................................. t ,0 9 2 ,7 3 3 ,5 0 0
8 ,4 0 4 ,7 3 5
It
is
necessary,
however, to make a distinction between
1 S 9 S .......................... ..................................................1 .3 5 5 ,3 9 3 ,8 0 0
1 0 ,1 2 2 ,5 5 1
Of the prospects of the China trade, those most the spinning and weaving branches which in Great
closely engaged in it seem unable to form a firm opin Britain are for the most part carried on separately.
ion. Certainly it has shown no snch expansion during Spinners are now making fair profits, except perhaps
tin- last two years as has that of the United States a section of those who produce the finer yarns from
with China. The total amount of the exports of Egyptian cotton. But manufacturers who buy yarn
British productions of all kinds to China and Ilong- and weave it are often unable to secure a profitable
Kong—the latter being mainly a depot for the South " margin ” between the price of their raw material and
China trade—were last year only £7,117,796, against that of the cloth they produce. Their relatively un
395, Of cot favorable position in this respect is mainly due to the
ton piece goods alone they were £4,210,941 in 1897, fact that until about two years ago the number of
11,712 in 1896 and £4,620,178 in 1895. In the looms increased whilst that of the spindles tended
first eight months of this year a still more marked de rather to diminish. There are, however, a few new
crease in the shipments of cotton goods has occurred. spinning mills of large size either approaching com
pletion or in process of erection, and there can he
Here are the figures.
KM OBT* OF COTTON F tK 'K GOODS TO CHINA AND HONG IvONG.
little doubt that before long the disparity will be
-— J a n . lx / to A u g u st 3 1st.— - removed.
Yards
£

.aver, that they must bo exceedingly light, because the
distributers everywhere have been compelled for many
months past to restrict their business owing to the
scarcity of money and the high rate of interest—gen
erally ,’Q per cent—which they had to pay for loans
during the first half of this year. A further circum
stance tending to lessen the distribution of certain
kinds of cloth—the finer bleached goods, prints and
•colored woven fabrics—was the pronouncement that
tho year 1897 was unlucky for marriages. At a Hin
doo wedding presents of these finer and fancy cloth
ing materials are made on a scale which, in pro
portion to their means must be considered lavish
for the great mass of Indian families; many of
them go heavily into debt in order to comply
with a time-honored custom. .Manchester is always
made aware by the fluctuations in the demand for
-certain kinds of goods of these lucky or unlucky
seasons, and it is expected that the diminished re
quirements of the last inauspicious year will have left
gaps to be supplied which will now be filled up. Al
ready, indeed, the shipments this year have shown a
decided increase upon those of the corresponding
portion of 1897, although they are smaller than those
of 1896. The figures for the eight months ended
August 31st of this and the two preceding years are.

........... ...........3 8 1 ,8 >7,000

3 ,7 0 0 ,1 3 8

. . . . . . .............*............................................. 3 3 7 ,0 8 5 ,4 0 0

2 ,9 7 7 .4 4 2

\ m < \ . ....... ... .........................
1898

There is not the least ground for tho belief that the
new cotton mills set up in China are in any degree
competing with English cloth. The kinds and
qualities which they produce are far too coarse to
rtouch the demand for it, although there is good rea
son to believe that they tend to displace the product
of the native hand-loom. The only distinct reason
alleged for the falling off in the China demand for
.English goods is the scarcity of oopper “ cash,” the
universal money for the retail trade and the smaller
-wholesale trade of the country, at any rate in Middle
and Southern Oh na, where the bulk ot British cotton
productions i* consumed. It has thus come about
that when no change has happened in the tael or
dollar (silver) prices of goods nt tho ports, or even
when they have declined, the demand by the people
in the interior has been restricted and the consump
tion has fallen oil. Tn view of all these considerations,
not to -peak of political uncertainties, it is not sur
prising that those who are interested in the China
trade hardly venture to entertain confident hopes of
• oniing improvement in their business.

THE RIO GRANDE WESTERN RAILW AY .
We have had occasion of late, in reviewing the an
nual reports of the various railroads for the fiscal year
ending June 30, to call attention to many noteworthy
records of growth in revenue and traffic established
during the last twelve months. In some respects the
Rio Grande Western furnishes the most striking in
stance which has yet come to our notice of this
growth and expansion. As the system is a small one
(it comprises only 583 miles of road) we. will not be
understood by this to mean that its gains are equal
in amount to those of tho larger and more prominent
companies. What we do have reference to is the
rate of growth; this in tho present case is of really
remarkable proportions.
While there are many evidences of the expansion
referred to, the gain in aggregate freight tonnage
during the late twelve months serves better than any
thing elso to indicate the magnitude and extent of
this expansion. In the number of tons of revenue
earning freight, it appears there was an increase of
over 50 per cent; in 1896-7 the road had carried
727,611 tons, in 1897-8 the amount was added to

O ctober 15 1898, |

THE CHRONICLE.

374,580 tons, raising the total to 1,102,191 tons. In
exact figures the increase was 51^ per cent. In the
tonnage movement one mile the increase was of even
greater dimensi ns. Roughly, the road in 1896-7
moved 123 million tons one mile; for 1897-8 the same
item is reported at 208 million tons, an addition of
85 million ton miles, or nearly 70 per cent. We need
hardly say that, striking though the gams have been
on all Western roads, an increase of 70 per cent in a
single period of twelve months on an old established
road can have few, if any, paral els.
Nor most it be supposed that this phenomenal in
crease is simply a recovery of what the road had lost
in the years preceding. The year 1896-7 did fall
behind a little, but as far as the tonnage is concerned
the contraction was so small that it might well be
ignored, the decrease from 1895-6 having been hardly
more than one per cent. The late year's very excep
tional growth therefore came practically on top of the
largest tonnage previously made in the company’s
history. As a matter of fact the traffic has been
rising almost uninterruptedly year by year. This is a
circumstance of more than ordinary importance in
the case of the Rio Grande Western, for the road lies
in a silver-mining State (Utah), and many had feared
that the depression in that industry would work
serious harm to the property. There was a set
back at that time, it is true, but it proved only
temporary. The falling off in traffic was never im
portant. The loss in revenue was of more conse
quence, but it followed mainly from the decline in
rates which the depression had brought with it.
The road quickly recovered, however, from the effects
of both.
In view of the importance at one time attached to
the depression in silver, it is interesting to note Gen.
Palmer’s reference to the subject in the present re
port. He says there seems to be no longer any reason
for feeling anxiety regarding the future of the rail
road business in connection with the mining of the
precious minerals in Utah. “ The processes of con
centration and other economies set going by the silver
panic of 1893 have practically caught up with the
‘ decline in silver,’ and even outstripped it as regards
the actual output of ores.” It is proper to note that in
the development of the road’s traffic an important
advantage has accrued from the opening of the Oregon
Short Line (which formerly had exclusive arrange
ments with the Union Pacific) to equal use by all
roads, thus placing the Rio Grande Western in posi
tion where it could secure a share of the through
traffic both east-bound and west bound, between vast
sections of the country.
But lest too much stress should be laid on this one
circumsta ce aiding development, it is well to point
out that the most gratifying feature in the growth of
the road’s business is the varied character of the in
crease, practically all sources of traffic having con
tributed to it. Aggregate gross receipts improved
over the year preceding $893,783, or 36 per cent. In
the freight earnings the increase was $749,266, or
41'72 per cent. And it is a noteworthy circumstance
(considering that many of our Eastern roads have
failed to show any tendency towards expansion in pas
senger revenues) that even the passenger department
of the Rio Grande Western has been able to record
improvement, the addition here over 1896-7 having
been $137,671, or 26'20 per cent. The total in this
case, as it happens, was not quite equal to that for

7bT

1891-2, which was the company s best year in passer*
ger receipts, but the difference against the late y ear
was entirely owing to the shrinkage in rates; m
number of passengers carried the 1897 8 total wa©
actually 5 per cent better than that of the year re
ferred to.
In the freight traffic we have already shown that th e results have far surpassed all previous recor ds.
President Palmer, whose remarks always deserve'
study because of his analysis of the character
of the roid’s tonnage and the conditions governing
the same, states that excepting alone in sugar, su gar
beets and asphaltnm, every class of commodity car
ried gave increased earnings ranging from 23 per c e n t
in fuel to 170 per cent in fruits and vegetables. This,"
gain in the last mentioned item—fruits and vege
tables—3bows how the traffic gradually is being diver
sified. The revenue from that item in 1896 7 had! 1
been $80,030; for 1897-8 it was $182,006, giving am
addition of $101,976, which it will be seen is almostone-seventh the entire gain in the freight revenues.
The earnings from bituminous coal in the late year were$432,550, against $338,618 in the year preceding 5
from merchandise $449,028, against $283,713; from,
ores $341,279, against $272,159; from live stock5
$204,404, against $132,885; from coke and char
coal $138,740, against $124,734; from lumber, &c.r.
$87,325, against $57,263; from castings and machin
ery $75,139, against $36,344; and so we might gothrough the list. With reference to the falling off in*,
sugar and sugar beets, already noted, the report ex
plains that this was because of the failure of the 189T
crop. The 1898 beet crop, however, is by far the
best ever raised in Utah. Moreover, Gen. Palmer
points out that the results at the sugar works at Lehii
have proven so satisfactory that new works, with a»
capacity of 350 tons of beets per day have just been.'
completed at Ogden, the road’s western terminus, and
plans are on foot for the erection of still another m ill
at Goshen on the Tintic branch.
After what has been said above, it is hardly neces
sary to state that not alone in traffic but in aggregate
revenues, gross and net, the late year has been themost prosperous ever enjoyed by the company. Ae
compared with 1891-2, the largest previous fiscal year,
the increase in gross earnings is 27 per cent and theincrease in net earnings 32£ per cent. As compared
with the year 1896-7, the increase in net has been,
almost 50 per cent, the total of the net for 1897-8*
being $1,293,111, against $863,960 for 1896-7. Weneed scarcely refer again (as we have done so only
quite recently) to the great change this improvement
has worked in the prospects of the company—how ther
company now is able to pay the full 5 per cent'dividends on the preferred shares and has even beguie
the payment of dividends on the common shares. Nor
need we advert to the conservatism of the manage
ment in the distribution of the dividends. These?
are facts familiar to our readers.
In conclusion, it is worth noting that General
Palmer takes pains to express his belief in the per
manence of the arrangement under which the Ric?
Grande Western has obtained facilities for through.'
business over the Oregon Short Line. He says this*
arrangement has resulted so handsomely for that road,
as well as for the Western, that there is no apparent
likelihood of its being broken. Not an inconsiderable
advantage, he asserts, to both companies has been the
complete avoidance of rate-cutting in Utah and the

7tSB

|V ol. LXVII,

THE CHRONICLE.

(awing in various ways due to harmonious relations.
He adds : “ We are advised that no attempt will he
made to close these • Gateways/ and as the policy in
regard to them adopted by the directors of the
Oregon Short Line has proven after a year's trial to
be highly advantageous to that line, there is no rea
son to believe that a narrower view will bo taken of
the interests of their trust by any future Board."

THE MINNEAPOLIS £ ST. LOUIS.
Among the smaller roads in the Northwest, the
Minneapolis A St. Louts is showing good results.
The road may be said to have had a prosperous career
ever since it was reorganized on a drastic basis in 1894,
and stockholders were called on to pay an assessment
of f .'5 o(i per share. Whatever may have been thought
of the policy at the time, its advantages must now be
obvious to all. The road has been on the div
idend-paying list since then, and both physically
and financially its condition seems to be very satis
factory.
The company's annual report is before us, and,
a. was made evident by the monthly returns, improve
ment in both gross and net earnings is recorded.
The addition to the gross earnings is almost a quarter
of a million dollars, which for a system of this size is
considerable, reaching nearly 12 per cent; in exact
figures the increase was 1240,075, or 11-96 per cent.
The gain in the net amounts to $76,169, or 8-77
per cent. As a result of this improvement dividends
on the second preferred shares have been raised from a
3|Per cent basis to 4 per cent. As the change, however,
was not rnaiie until the last half of the fiscal year the
actual amount paid out during the twelve months
was only 34 per cent. The first preferred shares have
of course had 5 per cent from the start. After pay
ing out of the iucoine for the late year the dividends
mentioned (5 per cent on first preferred,
per cent
on second preferred), there remained a surplus on the
operations of the twelve months of $145,827. The
company could have paid the full 5 per cent on
both classes of stock and yet have carried forward
a surplus of $85,827.
The increas* iu traffic did not come from any one
.ource, but extended to all classes, except that the
mineral traffic fell off slightly. President Hawley
points out that while in 1897 the wheat crop, which
is the principal agricultural product tributary to the
company's lines, was disappointing, the unusual price
which the staple commanded in the earlier months of
the year brought into the market large quan
tities of this grain held over from previous years,
making the movement of wheat originating locally
along the line somewhat heavier than for 1896-7.
Mr. Hawley thinks that the prospects for
the current year are most encouraging. The wheat
crop in the section of the country traversed by the
company’s lines is very heavy, he says, probably as
large as in any preceding year. The crops of small
grains and of corn will equal the average of any pre
vious year. It is expected that the farmers will store
from the present crop as much as was taken from
their warehouses to market in the spring months to
get the benefit of the high prices then ruling. Never
theless, the yield is so large that after making allow
ance for probable storage, it may still reasonably be
expected, he says, that the movement for 1897-8 will
equal that for 1896-7.

RAILROAD GROSS EARNINGS FOR
SEPTEMBER.
Onr compilations for September afford the most
striking illustration yet furnished of the satisfactory
nature of the current returns of railway earnings, tak
ing the country as a whole. In reviewing the results
for the corresponding month of last year, we noted that
in amount the increase then recorded, namely $6,385,823, was the largest ever shown in any preliminary
monthly statement as far back as our records went. In
view of the fact that some leading traffic conditions
were adverse the present year, it would have been no
surprise to find a loss now after this large gain of 1897.
Quite a number of the separate roads, indeed, have
suffered decreases, but these are so far overbalanced
by the roads with gains, that in the final result we
have a further increase of 2f million dollars—$2,790,305, or 6-04 per cent. We append a summary of the
September results for a series of years.
Mileage.
Tear
Given.

T ea r
Precc-dina

titpUmber.
1894 (129 roads)........
1895 il26 roads)..
1890 (122 roads)........
1897 (133 rO&dSL.
1898 (129 roads)........

Miles.
99,701
99,025
94,614
100,119
96.161

Mile*.
98.8L3
98.795
93,854
98,681
06,462

Jan. 1 to Sept. 80.
1894 1222 ro a d s)....
1895.124 roads)......
1890 :U 0 roads)..
1897; 129 roads)......
1.898 (128 roads i.

97,715
97,961
92,881
99,504
9d,U9

96 932
97,781
91,622
97.966
95,420

Earnings.
Year
Given.
*
48,395,384
45,721,823
43,266,338
51,538 569
4R.9e59.S85

Year
Preceding.

Increase
•r
Decrease.

%
46.273,551 Dec.
43,721.521 Inc.
43.450,8 i Dec.
45,153,746 In c .
46.179,080 In c .

*
2,878, t67
1,997,302
184,516
6,386,883
2,790 805

333.219 294
Dec 50,869,391
351,075,416 337.115,260 In c . 14,860,156
342.382,866 827,122.110 I n c .14,900,726
375,537,9 2 358.996.698 Inc. 16.641,214
37?,3PR.4‘ 3 339,913.009 In c . 37,485,394

To say, however, that there has been a large in
crease the present year additional to the very excep
tional increase of last ’year, is only telling half the
story. What gives special prominence to the improve
ment is that it has occurred in face of a large contrac
tion in two leading staples which play an important
part iu the traffic movements of the roads at the
present season—we mean the grain movement in the
West and the cotton movement in the South. The
grain deliveries at the Western primary markets were
of phenomenal extent in September last year. The pres
ent year wheat receipts, as it happens, were somewhat
heavier even than those for 1897, but in corn there was
a contraction of over 14 million bushels. As regards
the cotton movement, it is only necessary to say that
the receipts at the Southern ports for September
1898 aggregated but 691,037 bales, against 781,475
bales in September 1897 and 901,613 bales in 1896.
The explanation of the falling off of course is that
the crop is a late one this year. Besides this there
was also a decrease in the deliveries of live stock at
Chicago.
Obviously there must have been a good many favor
ing circumstances. Chief of these is to be mentioned
the activity of trade. The transportation of Hnited
States troops was also au element contributing to
improved returns, particularly with some of the
Southern roads. We should judge likewise that the
traffic in iron ore mu3t have been heavier than in 1897;
this would be a factor even in the case of roads like
tlie Milwaukee & St. Paul, the Chicago & North West
cm, &c., which have lines to the ore regions. Then,
too, the holding of the Grand Army Encampment at
Cincinnati added to the earnings of a number of roads,
but more especially the Baltimore & Ohio South
western and the Big Four. The Trans-Mississippi
Exposition at Omaha, which lias had a large attend
ance, undoubtedly operated in the same direction.

O ctober

THE CHR0N1CLF

15, 1898.]

769

It should, be said with reference to the wheat 601,127, this does not indicate the comparison as to
receipts at the West, which, as stated above, were the live-stock movement as a whole, which is 23,158
heavier even than the exceptional receipts of last car loads against 24,767 car loads.
RECEIPTS AT CHICAGO DURING SEPTEM BER AND SINCE JANUARY 1.
year, that the augmentation occurred mainly at the
spring-wheat points, which, with the other circum
September.
Since January 1.
stances already noted, will explain the increase of
1398
1897.
1896.
1898.
1897.
1896.
$181,287 in the earnings of the Sc. Paul and the large »fheat.bU8h. $,852,377 6,101,349 3,693,204 20.491,587 12,937,481 13.214,271
12,004,248 22,171,160 9,764,890 95,117,091 90,375,930 65,828,193
increases by some other roads in the same section. Oorn...bush.
Data.. bush. 13.116,040 12,378,438 11,735/0' 79.610,772 88,084,352 75,569,638
Herewith we present a list of all changes in excess of iy e .. .bush. 609,364 472,814 345,773 2,462,800 1.831.5C6 1,359,026
Barlay.bush. 2,797,681 2,324,070 1,010 635 9,729.836 9,479,025 8/0S.935
$30,000, both losses and gains.
Total grain 83,379.710 48,448,731
PRINCIPAL CHANGES IN G R O S S EARNINGS IN S E P r E t f l B E R ;

In c re a se s.
C hic. M il. & S t. P a u l. ..
G t. N o rth e rn S y s te m ...
N o rth e rn P a c i t l c ..........
S o u th e rn R a ilw a y ..........
C lcv. C io. C hic. & 8 t. L.
G in. N . O. & T e x P a c ..
P itts . Be»s. & L E r i e . .
B a lt. & O hio S o u th w ’n .
M inn. 8 t. t \ & 8. S. M ...
F la C en t. & P e n ln ..........
W a b a s h ................................
C h e s a p e a k e & O h io ........
D e n v e r & R io G r a n d e . .
L o u isv ille & N a sh v ille
L o n g i s l a n d .......................
B u rl. C ed. R a p . <fe N o r..
K a n . C. P u ts . & G u lf ...
A la . N .O r l.& T e x . P a c ..
C hic. & W e s t M ich ig an .
C hie. & E a s t. I ll in o is ...
N a sh . C h a tt. A S t. L . . . .

I a creag es.
$ 3 6 ,9 5 4
$ 4 8 1 ,2 8 7 I n t A G r e a t N o r th e r n .
3 6 ,9 3 7
2 9 2 ,8 3 5 Towa C e n t r a l....................
M
e
x
ic
a
u
N
a
tio
n
a
l............
3 5 .2 4 4
2 6 3 .4 4 4
3 4 ,4 1 2
2 3 9 ,0 0 0 E lg in J o lie t & E a s te r n
3 4 ,2 1 7
1 6 3 ,6 5 6 F li n t & P e r e M a r q u e tte
3 2 ,0 3 0
1 2 1 ,8 7 0 M e x ic a n R a il w a y * ..........
1 0 6 .3 3 7
T o ta l ir e p r e s e n tin g
9 8 ,6 8 3
9 5 ,3 7 4
3 1 ro a d s> ..................$ 2 ,8 8 3 ,0 2 8
D e crea ses.
88.12L
$ 8 0 812
8 6 ,1 2 9 G ra n d T r u n k S y s te m ...
5 6 ,9 1 3
8 1 ,3 2 3 K a o . C ity F t. 8. A M em .
5 6 .0 7 7
7 7 ,8 0 0 8 t L o ira & S a n F r a n . ..
7 7 ,7 2 2 C e n tra l o f G e o r g ia ........
5 1 ,7 8 9
4 9 ,0 8 5
7 4 ,3 2 4 M iss o u ri P a c lflo ..........
4 2 ,8 8 1
6 8 ,1 9 3 W est. N . Y. A P e n n ___
3 8 .7 7 8
6 2 ,8 4 2 T e x a s A P a c ific ................
3 6 ,0 6 3
5 5 ,1 3 9 M o n te re y A M ex . G u lf.
4 9 ,3 8 9
T o ta l ( r e p r e s e n tin g
4 8 ,2 1 0
10 r o a d s )................. $ 4 1 2 ,4 0 3
4 1 ,5 2 6

* F o r th r e e w e e k s o n ly .

26,54>,1C2 207,412,086 200.758,294 161,840,015
803,936
264,472
flo u r., bbls.
265,020 8,230,004 1.953,194 1,809,289
9
Pork....bbls.
582
257
2.551
1,729
4,089
Jut m’ts.lbs. 33,108,050 14,160,509 13,468,801 171,072,14 4 121,403,659 120,462,016
1,800,806
2,308,737
uard.......ibs.
3,369,30 5 53,685.050 89.892,265 51,8^8,632
hnatV "
702.1« 4
601.1*7
661.095 6.995 891 5.943.PPH 5.502.19

In the following we show the cotton movement in
detail.
RECEIPTS OF COTTON AT SOUTHERN PORTS IN SEPTEM BER AND FROM
JANUARY 1 TO SEPTEM BER 3 0 . IN 1 8 9 8 , 1 8 9 7 AND 1 8 9 6 .
September.

Since Ja n u a ry 1.

18£8

1897.

1896.

G alveston...............bales.
Texas City, Ste ...............
Mew O r le a n s .................
M Jbile............. ?..................

258/97
3,431
162,731
22,689

ia v a n n a h ................ .........
Brunswick, Ac........
lharleston .........................
Port Royal, Ac...............
V llm lngton.......................
•Vashlngton, A c ...........
Norfolk...............................
Newport News, Ac.......

115,199
12,187
43.143

237,616
4,759
159,132
20,087
125
149/93
18,124
67,446
9.146
6 2 /2 ‘
232
42 838
1,169

232,887 816,074
46,470
13,026
249,122 1,329,184
32,231 158,866
61.227
136.224 446,983
16,873 140/56
80,423 146,827
283
26,141
69,852
96,135
130
626
£8.790 194,8 a
1.272
16,910

1893.

1897.
667,0*6
48,728
802/75
119,323
42,922
375,346
64 234
153,877
85,42<>
92.182
401
220,070
9,831

1896.
549,431
67.874
889.787
100,085
14,614
395,494
47,940
160,809
42,232
91,300
255
246.27
34,772

In the following wa show the Western grain move
ment in detail in our usual form. As confirmatory of
43.734
140
our remarks above, it will be observed that at Duluth
£8.458
the reaeipts for the five weeks were 13,856,421 bushels
728
T o t a l ........................... 691.037 781.475 901/13 3,479/92 2,58 3,085 2,640,733
this year against 11,869,370 bushels last year, and at
Minneapolis 9,616,560 bushels against 7,925,290 bush
Southern roads make, on the whole, a very satisfac
els. Thus we see reflected the well known fact of a tory exhibit, notwithstanding the smaller cotton
much better spring wheat crop in 1898 than in 1897.
movement.
RiORIPT* OF FLOOR AND ORAIN FOR FIVE WRBKb ENDING OCTOBER 1
AND SINCE JANUARY 1.
flo u r.
(bbU.)

Com,
(bush.)

Oats,
(bush.)

Barley,
(bush.)

14,146/98
25.56 *.246
94.011/41
00.832/79

14/50/40
14.532 41>
■*.>,107,472
8M08.773

8,1*0,660
2 /0 5 /tO
w .eao/ia
0/47,615

298/50 1,589 80
474.500 1,450/00
6 wks Sept., 1898
6 wk».Sspt., 1897
201/00 1.208,160* 1.086/00
903,000
Sines Ja n .l. 18W8 1/78,045 6/31.762 6,794.050 8.53*000
Sines J a n .l. 1897 1,682,450 5,684,331 £.195/38 7,011,600
f t. Louie6 w t.-Sept.. 1808
152.170 2,1*1.781 1.103/If 1.001,150
5 wks Sept., 189?
167.696 2,178,070 3/97,180 1.520,74 4
8!nce J a n .l. 1898
99-1.216 7,186.118 19.692.16S 7,72 .675
Since J a n .l. 1897
983,896 7,764,82d 19,391,042 9,2*8,603
rou*'.284.0*7
5 wkeSept.. 1898
6.894 1.939.482 1,164.086
6,170 1.998.24 4
P24/J9
236.277
5 wks.8ep*.., 18«7
lin e s .Jan.l, 1898
31.768 12.460/18 7,966, *165 2,157,w< 3
Since Jan.1, 1897
7,823,772 9.757,843 1,4(3,504
38.21
Detroit —
200.810
8 w k .S ep t.. 1808
32.1 ro
699,858
200.193
233,698
3'>0.33*
6 wk».S«pt., 1801
51,376 1,036/61
Since J a n .l. 1898
175 88* 3.136.670 l,6o5.2C3 1.210/82
Since J a n .l. 1891
213.775 2,732,081 1,336,176 1.120,223
Cleveland945,065
5 wk».S«pt.. 1808
91\027
388.218
6 wks Sept., 1897
6,874
362.143
361,035
518,38!
Since J a n .l, 1898
5-.99 8 2 3i0,959 7,2*0,171 5,013.098
Since Ja n .l. 1897
42,438 1.531,590 1,107,007 2,100.812
Peoria—
6 w D Sept., 1898
60,210
66,000 2.093.300
988,150
6 w ks.Sept, 189;
25.3 SO
60,000 1.714,250 1.226.700
Since J a n .l, 1898
322 830
3^2,050 22.524,850 7,041,350
Since Ja n .l. 1897
239.609
442,200 15,103/70 9.46d,1C0

2/00,800
1 /8 ',200
6,4)1/10
0,37 7,715

CMtaoo
6 wks Sept..
6 wks Sept.,
Since J a n .l.
Sines J a n .l,

Wheat,
(bUili.)

1898
»47.4Sf 5617,49
1897
8u0,2l2 6,76 ‘.H't
189* 8,241,471 20.711/47
1897 1,961,140 13,193,117

6 wke.Sept.. 1898 731,265 13/56,421
1*2/70
6 wxs Sept., 1897
368,88's
715.755 11869.870
Since Ja n .l, 1898 2,708.275 26.967.97» 8,012 820
Since Ja n .l, 1801 2,931,765 29.767,396
716,178
Mint ffinnlta6 wkg. Sept., 1808
8.99 £ 9.616.560
256,076
15/41
47 7.260
7.925.29C
Since J a n .l. 1898
10*.81f 39.9'.'8.09
2.441,826
Since J a n .l, 1897
82.804 36.464.950 1,606,52u
Kanana City—
■>wks Sept.. 1898
3.795.000
45’’,500
6 w ks.Sent. 189'
5.2*9.500
727.000
Since J a n .l. 1*98
11,1460,000 8,771/Or
since J a n .l,189/
......
13,466/00 9/60,950
Total >.f alt5 wks.Sept., 1808 1,636.967 39.74 9 / U 21.P4.12C
6 wks. Sept., 1897 1,490.3*2 3-*,605/26 3?. 149 05C
Since J a n .l. 1898 9/27.312 132,778,8 13 163.8 0.15
8.075/81 118.771.15 V151.004/,?

89,250
171.960
672.914
£59.940

706
20.653
508.464
809,906

1896.

1895.

1894.

1893.

S
S
S
t
$
Rye
186/20
142,783
140/31
1*4.000
111,244
Alabam a G t. 80 ..
(bueh.)
831,610
789/0*
861,098
987/24
809/65
C b « .* O h lo ..
827.1*0
840/ 0
*81,65'
290,000
307/48
705,114 Cln.N.O. A T ex.P .
111,28*
100,780
631.318 Georgia................
168,9*7
167,8 '9
107,4H
2.490,i»5
10/ 8*1
89,653
78/64
0*8,609
8 4 /7 8
1,000,576 Can.C.Mem.ABlr.
l ,104/71 1,766/96 1/93,934 1/ 88/00 1.486.659
Uoulsv. A Nashv.
*86/94
315,899
*71,918
243/0*
843,457
252,000 Mobile A Ohio
209.C65 Nash.Chat.A 8t.L.
420,550
435,022
877/12
353,641
481/5*
1,205,040
8977/10
864,845
828,681
927.062
771,883
Norfolk
A
W
est.b
1,111,575
1/92,214 1.636/74 1,628,2*7 1,418/47
Southern R y ... ) 8,184/66
1.815.38(11
101,190
80,979
116,166
111.301
41,750
Memphis Dlv. >
170,6*4
44 S.97*
T o ta l.. ........ 7.856,847 7 / 7 ‘\079 6,747,618 0.489/21 6,259,903 6.814,007
472.334
a Figures hare for 1398 and 1897 are lim ply th e to ta ls of th e earn in g s fo r th e
tour weeks of the m onth as reported in th e weekly re tu rn s ; th e m o n th ’*
33,918 earning* usually exceed th e weekly e stim ates q u ite considerably.
255.727
b Including Scioto Valley A New England and Shenandoah Valley fo r all th e
272.J 93 years.
670.004
i Figures are approxim ate, same as fo r 1893; actual eirn in g s w ere larger.
• F ourth week of .Septem ber n o t reported ; tak en sam e as la st year.
88/76
In the Southwest the backwardness ef the cotton
316,854
424.143
579,042 crop has led to a falling off in the case of several of

the cotton-carrying roads.
EARNINOS OF SOUTHW HSTERN OROUP.

10,07:
168.300
95,900
993.65*'
612,100

17.400
3.0)0
96.500
68,3.10

41,280

83,830

41,280
85,100

83 880
46,95)

4f>3.001
48-1.200
2,766.000
2,836.700
12,392/29
52.54j.433
124947ifO
3*929 '9*

1897.

1898.
S
198/01
1,019,162
449,019
•134.836
a 00/ 68
1,942/95
872.800
628,173
932,329

117/12
496.412
304.8S7
89,37*
0*2,573
2*4,987
3 /4 6 /2 0
775.375 1.016/47
5,7*3.401 3,252.812 1,3*1/39
1 686 600
2 / P.09
6/38,756
11,800,470

EARNINOS OF SOUTHERN OROUF.
September.

6,137.384
5,145.15
l *.222.856
Jl.tM .8 !*

1.567,294
1,730,574
6,621,405
6.2' 0.230

Outside the spring-wheat districts the situation was
different, and we find at Chicago (where we have the
figures for the even month) grain deliveries were only
33,379,710 bushels, against 43,413,73L bushels iu
1897. We may add that while the number of head of
hogs delivered at the same point was 702,184, against

September.
»eu.A RtoGr.
Int.A G t. No..
S.C.F.8.AM..
Mo. K. A T ex
Mo.P.AIr.Mt.
8t. Jos.AG.I..
8t. L. St S .F r.
4uL. Boatbw.
Texas A Pao.
U.Pac.D. A G.

1898.
I
788.700
+115,903
<1346,884
1/68,378
2,554,000
104,600
673,456
514,000
606,705
•323,482

1897.
1
710.900
+378,948
0403,24?
1,240.66*
2,603,085
109,035
029,513
4b9,?00
704,483
823,482

1896.

1885.

*
*
f 23,02;'
031,09.)
+386/31
293,802
884,336
399,402
1,203.8)3 1,055/68
1,977,434 2,0415.23.)
60.445
60,028
611.520
639/58
420,993
400,411
538/22
668,001
264/23
257,9*1

1894.
I
653,030
381,043
387/1-0
1.020.082
1,933,843
0 2 /4 >
658,8?0
410,1)7
623,320
266/67

1893.
S
578,8*9
324,698
405/18
896,697
1/98.879
82.222
694/68
370,218
690,238
248/58

T otal............ 7.544.657 7/09,0' t 0,576.119 6/83.882 0/18.078 0,089.196
+ G alveston H ouston A H enderson no t included for tb e ie years.
a Figures here for 180* and 1397 are simply tn e totals of th e earnings fo r th e
four weeks of th e m onth as reported In the weekly re tu rn s; the m onth’s e a rn 
ings usually exceed th e w eeklr eitirnates quite considerably.
* Septem ber, 1898, no t reported ; ta k e n same as last year.

In the ease of the trunk lines we have in the fol
lowing taken the earnings of the New York Central
the same a3 for 1897, the 1898 statement not yet hav
ing come to hand; there is reason to believe, however,
there was a considerable loss, as the road gained
$515,000 last year, chiefly because of the large grain
movement at that time.

[vol. lxvh.

THE CHRONICLE

770
BJLB2OX08 OF TRUNK LINKS.

B. * 0 . S.W
Oh. A Miss.
C.C.C.ASt.1.
Peo.*K»«tG .T .of Can.
C h.4G .T ~.
D.G.BAM .
N .Y .C .4 R *
W abash ...

1,128,2*0
151,009
r 1,838*780
3,341,080 J 252.971
i
94,115
4,483.919 3,903,492
1,202,505 1,000,030

1.238,528
174,140
L0S5.51*
S3.*, 59100,779
3,973,263
1,176,601

1,239,Of 0
168.098

[ *,261,148
)
•M $3,919
1,283,63?

1894.

»
018,571

*
t96,12S

1,408,782
170.800

1895.

$
625.501

t
69S.810

l
»

1890.

1897.

1S98.

September.

1893.

•
687,010 (
t
1,2C5,077
160,099
1,672.702
235,333
102,403
3.-88,351
1,075.612

1898

I
228,404
801,760
1.237,702
174 920
1.813,748
670,75 ft
109.080
4,221,704
1,297,174

T o tal.. .. 10,301.072 10,03 *,09$ 9,014,280 9,199.051 8,80M,3t7 10,045,60*
ttiaehu l* * Roinn W atertow n *fc O t/densbiuv fo r nM th e r e a rs .
* Septem ber, 1898, n ot reported 5 token same as la st year.

In the Middle and Middle Western States the final
result seems to show a slight improvement over a year
ago.
BABNINGS O F M IDDLE AND M IDDLE W ESTERN ROADS.

September.

1898.

1897.

1890.

1895.

1894.

1893.

*
1
*
t
t
$
A nn A rb o r.... ....
92,904
118,188
107,040
93.079
97,531
88,398
Buff-Rooh. A P itt
318,039
336,532
280,099
284,111
207,485
290,982
Chicago A E a st III.
894.7^2
301,817
310,57.
315,145
335,183
428,808
Chic-Inti & Louis?320,373
255,524
281/03
308,0db
3 )4,518
362,514
Chie.& W est Mich, a2O2,590 a.153,207
355,042
178,321
180,379
174,595
228,21?
Col. H . V. & Tol.
253,027
233,139
287,024
277,819
307,097
107,807
Det.G. Rap. AWest. a l l 3.895 a 110,601
112,880
105,448
105,015
98,283
E lgin Jo l. & E ast..
131 450
97,068
100,8e9
91,200
83,985
105,572
117,943
80.147
94,134
■ vans v.& T erre H.
104,105
129,339
F lin t A P . M arq__
201,012
2u8,S90
280,068
251,851
208,414
210.018
230,979
Gr. Rap. & in d .__
231,051
204,493
254,175
245,871
21?,8 0
Illinois Cen t r a i t . .. 2,318,70V 2,340,202 1,910,051 1,845,801 1,709.905 2,298,507
310,47i
275,202
Lake E rie & W est.
331.027
292,359
310,730
310,853
537,501
890,856
400, 23
400,171
Long Islan d ..........
463,177
409,401
143,042
148,978
134,008
Lou.Evans.A Sfc.L.
143.143
103,903
137,924
345,019 350,807
N. Y, O ut. <fe W est
338,970
308,587
308,518 343,230
294,759
PSttab’g A W eat’n,
251,158
218,725
257,482
259,100
246,810
144,480
ToL & Ohio C e n t..
118,505
155,056
207,580
179,187
101,826
95,142
84.512
Tol. Peo. & W e s t..
68,683
87,701
89.5*3
09.080
190.700
183,194
Tc*. St. L. & K. 0.
203,392
178.034
152.659
153.894
W est. N .Y . & Pa..
332,90c
291,802
299,320
319,042
287,500
325,781
127.529
111,972
128,015
W heel. & L . E r ie ..
101,831
130,704
132,468
T o ta l.......
7,374.209 7,029,700 1 6,100,035 0,3:13,097 0,160,375 > 7,000.027
t Includes th e operations o f th e St. Louis A lto n & T e rre H a u te fo r all th e
years b u t th e Chesapeake Ohio & Southw estern and Ohio Valley fo r 18V8 aud
1897 and Chicago & T exas fo r 1898 only. R esults on Yazoo B ranch a re n o t
included fo r 1898.
a fig u r e s h e re fo r 1898 an d 185)7 a re sim ply th e to ta ls , of th e earnings fo r the
fo u r weeks o f th e m o n th as rep o rted in th e weekly re tu rn s ; th e month**,
earnings usually exceed th e w eekly e stim ate s q u ite considerably.

| [The record of the Northwestern roads is of large
and continuous gains.
BARKINGS O F NORTHW ESTERN L IN E S .
September.

1898.

1897.

1890.

1895.

1894.

1893.

t
t
f
t
1
533,698 405.405
418.052
•491,834
304,504
BnrLC ed.R .A No
638/2?
524.145
438,181
Chic. G t. West.
425.6*9
300,029
Chlo. MU. A St. P .. 3,092,18* 3,210.890 2.878,180 3,082,291 2,809.375
109,018
D uluth S.B.&Atl.
152.750
151,040
151.017
170.438
G reat N orthern.. 2,781,592 2,488,765 2,170.200 2,093,859 1,070,002
209,412
144,873
Iow a C e n tra l,...
172,475
159/20
139,153
Minn.A 8 t. Louis.
225,028
207,585
193,270
221,443
184,135
183.919
B t.P a n l A D uluth
177,891
109,041
170.7.7
147,825
T o ta l............... 8,330.522 7,410,8,51 6.581.965 6.788,453 6,858,601

•150,097
452,933
3,023,550
171,803
1,013,538
177.721
102,673
102,361
0.214,220

In the case of the Northern trans-Continental lines’
the Canadian Pacific has about held its own, while the
Northern Pacific has established a furtherharge gain.
EARNINGS OF PA C IFIC ROADS.
September.

1898.

1890.

1897.

1895.

1894.

1893.

I
t
%
C anad'n Pacific. 2,841,003 2,314,529 1,828.630
N o rth 'n Pacific. 2.774,284 2,510,840 1.833,177
297.900
292,500
Bio Gr. W est’n..
210,574

$
%
1,820,398 1,770,053
2,312,446 2,203 428
239,420
218,250

♦
1,918,324
1,915,006
181,926

T o ta l................ 5,407,784 5,168,209 3.870.481

4,372,209 4,1»7,720

4,010,165

G R O S S E A R N IN G S A N D M IL E A G E IN S E P T E M B E R .
G r o tt B u r n in g i
Warr, c o f H o a d
1898.
$
1 5 3 ,5 0 4
A la b a m a G t.B o u th 'n .
A lA .N .O .T ex.dcPao.—
1 2 0 ,4 7 8
N . O r!. A No. E a s t ..
5 2 ,9 8 8
A la . & V lc k sb ..........
5 9 ,8 3 0
Y lc k ab 8hr.«fePac.A nn A r b o r ....................
1 1 8 ,1 8 8
4 0 ,2 9 8
A tla n tic & D a n v ille .
6 9 3 .8 1 0
B at L& O h io S o ttth w .
B irm ’h a in <fc A tla n tic
2,4 7 6
330.52V
Buff. R oob. & P it ts b ..
B url. C ed, R . & N o ...
5 3 3 .5 9 8
C a n a d ia n P acific. . . . 2 ,3 4 1 ,0 0 0
4 4 8 ,2 9 7
C e n tra l o f G e o rg ia ,.
4 .8 7 0
C b a tta n . S o u th e r n . . .

1897.

Mileaae.

G roig JB am tno*.
N am e o f Roaa.

M itea g i

In crea se or
D ecrease.

$
140,031

$
+ 1 3 ,1 7 3

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

+ 2 1 ,7 2 3
+ 14,3 3 2
+ 1 9 ,0 8 4
+ 10 .5 3 9
+ 1,079
+ 9 8 .0 8 «
+45
+ 1 8 ,4 8 3
+ 0 8 .1 9 3
—3 ,5 2 9
— 5 1 ,7 8 9
—878

18 9 8.
3 10

1897.
31 0

195
195
142
142
189,
189
292
292
278
27 8
921
921
22
22
336
339
1 .1 3 6 1 ,1 3 6
0 .0 7 8 0 .5 4 7
1,524 1,524
3 05
105

1897.

In crea se o»
D ecrease 1898

$
O h e aa u e an e Si O h io .. 1 ,0 1 9 ,1 5 2
9 3 7 ,8 2 4
3 4 6 ,5 7 2
3 9 4 ,7 8 2
Ohio. & E a s t Illin o is .
5 2 4 ,1 4 5
.538,727
Ohio. G r e a t W e s te rn .
320.37 3
3 0 8 ,0 6 8
Ohio. In d . <fe L ouibv ..
Ohio. MIL Si 8 t, P a u l. 3 .6 9 2 ,1 8 3 3 ,2 1 0 ,8 9 6
7 3 ,6 1 2
6 8 .217
Ohio, P e o . dt 8 t. L . . . .
97,675
9 1 ,4 8 5
Ohio. T e rm . t r . R R ...
1 5 3 . 07
2 0 2 ,5 9 6
%io. ct W e st M ic h ...
8,316
6.824
Oin. G e o rg . & P o r t s . .
327, 49
4 4 9 ,1 19
Oin. N .O . t t T e x . P a o .
5 3 ,6 2 2
6 3 ,2 1 0
Clev. C a n to n Si 8 0 . . .
□lev. Cin.Ch.<fe 8 t. L . . 1 ,4 0 2 ,7 5 2 1 ,2 3 9 ,0 9
P e o r ia & E a s te r n ..
1 6 8 ,0 9 8
1 7 0 .9 0 6
Olev. L o ra in & W h eel.
1 2 4 ,0 0
131,013
162,114
1 4 1 ,6 2
o lo ra d o M idland
2 5 3 .0 2 7
2 3 3 ,1 3 9
Ool. H ook. V al. <fe T ol
7 5 ,9 1 2
6 1 ,5 5 0
Ool. S a n ’ky . <fe H ook.1.600
C o lu sa <fe L a k e . __
3 .» 0
D env. <fc R io G r a a d e . .
7 1 0 ,9 0 9
7 8 8 ,7 0 0
116,601
Det, G r ,R a p .& W e s t..
1 4 3 ,3 9 5
2 5 ,2 8 6
D et. & L im a N o rth .* .
2 7 ,797
1 5 2 ,7 5 6
D ili. 8 0 . S h o re <fcA tl..
1 6 9 ,6 4 8
9 7 ,068
E lg in J o l i e t & E a s t . .
1 3 1 ,4 8 0
E v a n s v . & I n d ia n a p .
31,571
3 0 ,0 5 2
117,94:’
B v an sv , <fe T . H a u t e . .
10 4 ,1 0 5
2 5 1 ,8 5 1
286.068
F lin t Si P o re M a r q ...
2 f 2,1 0 4
173,983
F la. C ent. & P e n in .
93.36V
8 3 ,796
F t. W o rth & D City*.
4 3 ,6 7 0
F t. W o rth & R io G r..
5 0 ,0 8 7
544
G a d sd e n & A tl. U n ..
647
1 0 8 ,3 7
8 3,7 6 6
G eo rg ia* ........................
102.721
9 4 ,602
G e o rg ia & A la b a m a ..
7 6 ,4 0
7 5 ,0 3
Ga. S o u th . & F lo r id a
17 9 ,3 1 6
1 9 9 ,6 7 0
Gr. R a p id s & I n d ia n a .
3 6 .253
O in. R ich. & F t. W -.
3 8 ,5 2 8
3,4-iO
3 ,4 5
T r a v e rs e C ity ..
12,627
M usk. Gr.R.<fc In d .
1 2 ,5 1 7
G r. T r u n k o f C an.
2 ,2 6 1 ,1 1 8 2 ,3 1 1 ,9 6 0
O hio. & G r. T r ’k
D e t. G r.H a v .& M
M .)
4 t. No.—S. P . M. & M. 2,28 2 ,0 3 7 2,045 .0 8 1
2 5 3 ,7 5 8
E a s te r n o f M in n ..
3 4 5 ,8 8 0
1 8 9 ,9 16
15 3 ,6 2 5
M o n ta n a C e n t r a l..
8.420
G ulf B e a u m ’t<fe K . C.
18.260
3 ,0 3 3
G u lf & C h ic a g o ..,
4.54">
Illin o is C e n tra l a ___ 2 ,3 1 d ,7 6 9 2 ,3 4 6 2 02
4 1 5 ,9 0 2
I n te r n a tT
G t. N o f
3 7 8 ,9 4 8
15 2 ,0 2 0
fn te ro o e a n ic (M ex.).*
1 5 9 ,2 0 0
172,475
2 0 9 ,4 1 2
Io w a C e n t r a l................
Ir o n R a ilw a y ...............
4,131
3.842
39, 33
4 8 ,2 3 0
£ a n a w lia <fe M ic h . . . .
4 >3,247
3 4 6 ,3 3 4
K an.C . F t. 8 . & M e m ..
8 - , '6 9
9 0 ,568
K an. 0 . M em . & B ir ..
3 1 ,2 1 0
2 7 ,339
K an. C ity & N . W____
2 4 .448
K an. itv & O m a h a ..
17,849
3 0 6 ,3 7 7
2 4 1 ,8 9 5
K a n .C .P ittsb . & G ulf.
6 6 ,1 9 9
40,137
K an. C ity S u b . B e lt
53,219
64.295
K eoku k <*fe W e s te rn . . .
3 1 6 ,4 7 3
3 31.027
Lake E r ie tfe W e s te rn .
3 2 ,353
3 6 ,7 5 0
L ehigh Si H u d . R iv e r.
5 3 7 ,5 0 1
46 3 ,1 7 7
Long I s la n d R R .........
8,046
8 .4 8 9
Los A n g e les T e rrn T .
1 48,973
14 3 ,1 4 3
b o u is v .E v a n s .& S t.L .
5 7 ,5 4 2
4 5 ,5 6 1
Louis v. H e n d .A S t, L ..
Louisv. & N a s h v ille .. 1 ,9 4 2 ,5 9 5 1,864 ,8 7 3
5,81
5,1 1 9
M acon cfcB irm inghn..
6,36b
11,261
M a n is tia u e ...................
862,93V
8 89,050
M exican C e n t r a l----47 3 ,1 7 0
4 3 7 ,9 2 6
M exican N a tio n a l- .
23 3 .0 0 0
2 0 1 ,00 0
M exican R a ilw a y 1.
25,877
25,444
M exican S o u th e rn * .
221,443
2 25,02b
M inn. & S t. L o t u s ...
4 8 8 ,9 4 9
3 9 3 ,5 7
M inn. S t. P.&S Ste.M
1 ,2 5 -,37b 1 ,2 4 6 ,5 6 8
Mo. E lans. & T ex .sy s.
Mo. P a c . <Sclron M t.. 2 ,4 5 2 .0 0 0 2 ,4 8 5 , H I
102.000
1 1 7 ,5 6 6
C e n tra l B r a n c h —
2 6 .5 4 9
3 ,276
M obile & B irm ’g h a m .
3 4 3 ,4 5 '
372,
dOo
M obile & O h io ..............
84,494
1 2 0 ,5 6 2
Mo n t. & M ex. G u lf . .
48 6 .6 5 2
5 2 8 ,1 7 8
N ash. C h at. <fe S t. L ..
3 4 5 ,0 1 9
3 5 6 .3 6 7
N. Y. O n t. & W e s t----9 7 7 ,2 1 0
9 8 2 ,3 2 9
N orfolk & W e s te r n ...
18,841
14.295
N o rth A la b a m a R y ..
N o rth e rn P a c ific ........ 2 ,7 7 4 .2 8 4 2 ,5 1 0 ,« 4 0
1 0 2 .8 1 2
103,042
O hio R iv e r.....................
7 0 ,481
66,169
O hio S o u th e r n .............
7 0 2 ,3 2 c
69 9 .6 9 4
O regon R R . & N a v .. .
8 0 ,636
8 0 ,5 7 6
Peo. D eo. & E v a n s v . .
5 2 ,7 4 9
15 9 .1 3 6
P itts b . B ess. Si L. E .
4 .0 1 e
4,012
P itts b . Lisb. & W est.
163,048
1 5 8 ,7 9 0
P itts b . & W e s te rn —
8 4 .8 4 8
9 3 ,097
P itts b . O lev. & T ol.
3 8 ,614
3 7 ,5 2 0
P itts b . P a . Si F a i r . .
3 1 ,0 7 0
4 1 ,4 4 8
Rio G ra n d e S o u th ’n .
2 9 7 ,9 0 0
2 9 2 ,5 0 0
Rio G ra n d e W e s te rn .
1 0 4 ,6 0 0
1 09,065
8 t. J o s . <fe G r. Is la n d . .
3 1 ,137
2 3 .4 3 6
8 t. L. C hic. & S t. P.
6.7 8 2
7 .0 5 7
8 t. L . IC e u n e tt Si 8 0 ..
6 2 9 ,5 3 3
5 7 3 ,4 5 6
S t. L o u is & 3. F r a u ..
5 1 4 ,0 0 0
4 8 9 ,7 0 9
St. L o u is S o u th w e s 'n .
1 7 7 .3 9 1
1 83,919
8t. P a u l <fc D u lu th ___
85 ,0 5 i
9 2 ,9 0 6
San F r a u . & N o .P a o ..
5 4 ,5 0 '
6 4 ,1 0 0
S a n ta Fe P res.& P h x .
3 4 .7 8
4 1 t4'4 2
8h e r. S h re v .A S o u th .
2 ,1 8 4 .3 6 6 1 ,9 4 5 ,3 6 6
S o u th e rn R a ilw a y ...
3 4 .8 8 5
T e x a s C e n tr a l............
3 *,3 7
7 0 4 ,4 -3
6 6 5 ,7 0 5
T e x a s & P a c ific .........
4 ,5 6 9
6,668
Tex. Sab. Y al. & N ’W
1 44.480
1 18.505
Tol. <fc O hio C e n tr a l.
8 8 ,383
9 5 ,1 4 9
Col. P e o r ia & W estT i.
2 0 3 ,3 9 2
196,7* 0
Tol. S t. L . & K . C ity
1 ,2 8 8 ,6 3 7 1 ,2 0 2 .5 0 8
W a b a sh .........................
3 2 5 .7 8 1
2 -2 ,9 0 0
w’e s t. N. Y. Si P e n n .
100,131
9 3 .3 8 9
W est V a. C en. & P itts .
1 1 ' ,972
127,529j
W heel. Si L a k e E r ie .
4 8 6 ,5 2 3
4 7 3 ,2 9 0 |
W isconsin C e n t r a l . .

1897.

$

+ 8 1 ,3 2 8 1,360
64b
+ 48,210
93 0
+ 14,582
535
+ 1 2 .3 ''5
+ 4 8 1 .2 8 " 6,15*
232
+ V 95
+ 6,1 9 0
76
58
+ 4 9 .3 8 9
42
4 1 ,4 9 2
+ 1 2 1 ,8 7 0
3 36
210
i9 ,* 3 8
+ 1 6 3 ,6 5 6 1.83b
382
+ 2 ,7 0 3
192
+ 6 , *53
350
—20,4 80
34t
+ 19>88
273
+ 1 4 .3 6 2
22
- 1 5 00
+ 7 7 ,8 0 . 1 ,60c
451
+ 2 6 ,7 9 »
102
+ 2 .5 1 1
+ 16,8 *2
588
197
+ 3 4 ,4 1 2
156
- 1 .5 2
*6
— '3 ,8 3 *
655
+ 3 4 .2 1 7
940
+ 88,121
469
—9,- 6>'
1 46
+ 6 ,4 L7
11
—103
—2 * ,6 U
3 07
—8,L19
458
285
—1,373
432
+ 2 0 ,3 5 4
92
+ 2 ,2 7 5
26
+5
37
— 110

1 ,3 6 0
6 48
93 0
535
0 .1 5 4
232
76
58 1
42
8 36

—8 0 ,8 1 2

4,036

4 .0 3 8

+ 237,006
+ 9 2 ,1 2 2
—36,291
+ 9 ,8 4 0
+ 1 ,5 1 2
—2 7 ,433
+ 3 6 ,9 5 4
+ 7 ,1 8
+ 3 6 ,9 3 7
— 289
+ 8,59
—5 6 ,9 1 3
-M .99S
—3,tt71
—6,599
+ 6*2,482
+ 2 6 .0 6 2
—11.075
+ 14,554
—4,397
+ 7 4 . i2 4
+ 44
+ 5 ,8 3 0
— 11.98
+ 7 7 .7 2 2
—693
— 4,89.+ 2 6 ,1 '8
+ 3 5 ,2 4 4
+ 3 2 ,0 0 0
+4-*8
—3.585
+ 9 5 ,374
+ 11,810
—3 3 ,5 1 9
—1 5 ,566
+ 10,727
+ 2 9 .3 4 3
—3 6 .0 6 8
+ 4 t,5 2 6
—11,348
+ 5 119
+ 4 ,5 4 6
+ 2 6 3 ,4 4 4
+230
—4,3 1 2
—2,626
—60
+ 1 0 6 ,3 8 7
—4
+ 4 ,2 5 8
+ 8 ,2 4 9
-r 1,094
+ 1 0 ,3 7 8
-5 ,4 0 0
—4,465
+ 7 ,7 0 1
+275
—5 6 ,077
+24,3**0
+ 6 .5 2 8
+ 7 .8 5 3
+ 9,000
+ 6 ,2 5 4
+ 2 3 9 ,0 3 0
+ 3 ,4 4 2
—38,778
+ 2,0 9 7
+ 2 ^ ,9 7 5
f 6 ,7 0 6
+ 6,632
+ 8 6 ,1 29
— 12,881
— 1,742
+ 15 557
—13.233

3,8 1 4
172

3,7 8 0
72
256
65

Xt2
65

62
3 ,6 6 7
775
53

509

20
172
975
276
174
1941
815*
35
2 60
7 25
90
3 79
50
372
166
2,9 8 5
97
44
1,9 5 6
1,219
321
227
366
1.189
2,19
4,9 3 8
388
149
8 79
390
905
481
1 ,5 '.1
119
4,48
214
2 66
1,065
331
22 8
25
227
77
61
1 80
5 82
251

111

20
1,2 8 2
1,22 b
244
165
1 98
153
5,2 5 9
176
1.4 9 9
38
371
248
451
1 ,9 3 6
65'
152
247
937

210

1,8 3 8
362
192
35 0
3 46
2 73
22

1,666
4 51
102
588

197

655
940
46 9
1 46

11

3 07
458
285
432
92
26
37

62

3 ,7 7 5
775
53 1
509
20
17 2
9 75
27 6
174
194
770
35
260
725
90
375
50
372
166
2 ,9 8 5
97
44
1 ,9 5 6
1 ,2 1 9
321
22 7
36 6
1 ,1 8 9
2 ,1 9 7
4 ,9 3 8
38 8
149
0 87
300
905
4 81
1 ,5 7 0
119
4 ,3 8 0
224
266
1 ,0 6 5
331
1 83
25
227
77
61
180
550
25 1
111
20
1,1 6 2
1,2 2 3
2 44
166
198
1 53
5 ,2 5 5
176
1 ,4 9 9
38
3 71
2 48
451
1 ,9 3 6
651
1 52
247
937

T o t a l (124 ro a d s ). . 48 ,9 6 9 ,8 8 5 ll6 ,1 7 9 ,0 3 0 + 2 ,7 9 0 .8 0 5 96.161 9 5 ,4 6 2
I JSaroiuRS o f G a lv e s to n H o u s to n & H e n d e r s o n a r e e x c lu d e d f o r
h o th 1 8 9 " a n d 18 9 7 .
a Olii's. O liio & S o u th w e s te r n a n d O hio V a lle y r o a d s a re in c lu d e d fo r
b o th y e a r s . R e s u lts o n th e Y azoo B ra n c h (1 4 0 m iles) a r e in c lu d e d fo r
1 8 9 7 ODly.

October I d,

8,

THE CHRONICLE

G R O SS E A R N E N G 8 F R O M J A N U A R Y 1 TO S E P T E M B E R SO.
N am e o t Road.

1898

*
1 .2 7 4 ,? 17
A la b a m a G t. S o u th e rn .
Ala. N. 0 . A T e x . P s o .—
1 ,0 41,018
N. 0 . A N o r th e a s t’ll...
4 8 1 ,8 1 9
A la b a m a A Y ic k sb ’g . .
4* ,543
V ic k sb u rg S lir A P a c .
1 ,0 77,972
A nn A rb o r........................
4 ’ 4 241
A ll a n tic & D a n v ille .......
5 ,2 0 2 ,9 5 3
B a lt. & O. S o u th w e s t...
18 ,3 5 "
B irm in g h a m & A tla n tic
2 8 * 0 ,7 8 5
Buff. Ro 'h . As P itts n u r g .
3 .2 2 0 ,8 * 7
B u rl. Ced. R ap . & N o ..
O a n a d ia u P a c ific ............. 18 ,1 * 9 .2 1 7
C e n tra l o f G e o rg ia . . ..
3 ,7 7 8 .9 8 7
51.3 0 5
C h a tta n o o g a S o u th e rn .
8.759.841
3 .0 J4 .2 6 S
C hic. A E a a t’n I llin o is ..
4,0 5 .857
Chic. G re a t W este rn ..
2 ,4 0 4 .5 5 6
C hic. M ilw . A S t. P a u l . . 2 5 ,0 0 6 /4 5
0 0 6 .6 5 8
Ohio. P e o ria A S t. Louis
8 5 J,204
Chio. T e rm 'l T r a u f e r ...
1 .4 0 9 .0 7 5
C hic. A W est M ich ig an .
3,455.3*fl
Oln. N.O. A T e x a s Pao.
5 1 9 .9 1 2
C le v e la n d C an to n A S o ..
CJlev. O I d . Chio. A S t. L . . 1 0 .7 5 7 ,7 0
1 .3 -6 ,5 0 1
P e o ria A E a s t e r n ........
C lave. L o ra in A W heel .
l.m s . p o n
1 , 177,8 4 5
C o lo rad o M id la n d ........
1 ,9 2 8 ,4 3 2
Col. H o c k . V al. A T o l..
6 2 6 /1 6
Col. S a n 'k y A H o o k in g ..
C o lu sa A L a k e .................
13 059
D env. A Rio G r a n d e ___
6 ,1 61.518
1 ,1 0 0 ,1 2 6
D et. G r. R ap. A W est - ..
D et. A L im a N o rth e rn * .
3 0 8 .7 5 3
D ul. 8o. 8 h o re A A tl.. .
1,375,011
1 ,1 1 8 .3 2 *
E lg in J o lie t A E a s te rn
2 2 7 ,8 4 7
E v a n sv . A In d ia n a p o lis
E v a n s v . A T e rr e H a u te .
* 8 9 ,5 0
2 ,2 0 9 ,4 4 4
F lin t A P e re M a r a u e tte .
2 ,3 3 4 .0 5 9
F la . C en t. & P e n in s u la r.
9 3 7 .4 2 7
F t. W o rth A D env. City*
F t. W orth A Rio G r’d e ..
3S0 .0 0 8
5.8 4 8
G a a sd e u A A ta lla U n ..
1 ,0 4 0 .9 0 7
8 8 4 .5 1 <
7 1 8 ,9 8 8
G a. S o u th e rn A F lo rid a .
1 ,5 9 0 .7 1 3
G r. R a o ld s A I n d ia n a .
C m . R ich. A F t. W ayne
3 3 t.4 5 5
8 0 /1 7
M us. G r. R. A In d ___
94,0 0 3
G ra n d T r u n k ................. )
Ohio. A G r. T r u n k
S- 1 7 ,4 9 1 ,4 4 8
D e t. G r. H . A M tlw .. )
G re a t N or. S t. I*. M .A M 1 3 ,0 5 9 .2 7 5
E a s te rn o f M in n e so ta
1 .5 6 3 .7 0 3
1,4 62 ,7 4 9
M o n tan a C e n t r a l..........
G u lf B e a u m o n t A K . C
132 877
34 6-10
Illin o is C e n tra l!........ ... 1 9 .9 7 3 .3 5 8
Lnt. & G re a t N o rth e rn .
2 .4 82,4*5
2 .3 1 0 900
I n te ro c e a n ic (M ex.*t ..
1 ,4 3 V '< 6
36.804
K a n a w h a A M ic h ig a n .
4 1 5 . 5*3 ,5 3 6 ,OOP
K a n sa s C. F t. 8. A M e ro ..
K au. C ity M em. A B ir ..
1 ,0 34.888
K a n sa s C ity A N . W ___
2 4 7 ,9 9 9
1 7 7,60c
K a n sa s C ity Ji O m a h a ..
K an. C ity P itts . A G u lf
2 ,4 1 7 .7 5 7
K a n sa s C itv S u b . B e lt
*83.307
K eokuk A W e s te rn ........
4 1 5 .647
i/a k e E rie A W e s te r n ..
2,5 6 2 .1 5 8
L ehigh A H u d so n R iv er
2 ’ 5.276
3 ,5 2 2 .4 4 9
L os A ugeies T e rm in a l..
70,104
L o u lsv . E v a n s v .A S t.L .
1 ,1 3 9 053
L o u isv . H e n d . A St. L.
3 6 4 ,058
L o u isv ille A N a s h v ille .. 16,5 5 9 ,8 4 *
M acon A B irm in g h a m .
4 0 .0 21
85,744
9 ,7 2 2 .3 8
4 ,5 1 8 .3 9 c
M exican R a ilw a y ;..........
3 /1 -.4 0 0
M ex ican S o u th e rn * ........
4 7 3 ,109
M in n ea p o lis A 8 t. Louis
l . r 67,951
M inn. 8 t. P .A 8. 8 te . M.
2,9 4 0 ,5 4 9
M isso u ri K . A T e x . sy«.
7 ,9 2 0 ,6 0 3
Mo. P a c ific A Iro n M t.. 1 9 ,0 5 7 /1 4
C e n tra l B ra n c h ...........
982.354
M obile A B irm in g h a m ..
264.8-V
M obile A O hio .................
3 ,1 19,244
M o n te re y A M ex G u lf.
1 ,0 7 1 .0 4 3
N a sh . C b a tt. A S t. L . ..
4 .3 3 9 ,3 C
N .Y .O u ta rlo A W est’n . .
2 ,8 1 2 /2 2
N orfolk A W e s te rn .........
8,2 *’6,794
146.424
N o rth . A la b a m a R y.......
N o rth e rn P a c ific ..' ........ 1 7 .1 7 5 ,6 1 5
O hio R iv e r.........................
7 0 1,87.
48 4 ,2 9 f
O regon R y. A N a v lg a t’n
5 ,0 6 2 ,5 4 5
P e o ria Deo. A E v a n s v
650,861
P ltts b . B ess. A L. E rie ..
9 8 9 279
P ltts b . L isb o n A WesL’n
3 3 /4 2
P itts b u r g A W e s te rn ....
1 ,3 2 3 ,0 2 2
P ltts b . C leve. A Tol...
8 0 2 ,2 4 6
T itts b . P a in e s, -v F ’p t
276,744
R io G ra n d e S o u th e r n ...
3 4 5 ,0 9 6
R io G ra n d e W e s te rn ...
2 ,3 9 4 .3 2
S t. J o s . A G ra n d Is la n d .
8 7 2 ,4 8 8
Bt. L. C hio. & 8 i. P auI ..
2 4 7 .7 7 6
S t. L. K e n n e tt A S o u th ..
48,794
S t. L o u is A Sari F r a n ..
4 ,9 4 8 977
S t. L o u is S o u th w e s te rn
3 ,6 8 7 .4 3 7
8 t. P a u l A D u lu th ___ _
1,157,13*
S an F r a n . A N o .P acific
637,261
S a n ta F e P res. A P h i . .
6 0 6 /2 1
S h e rm a n H h re v e .A S o ..
212,564
S o u th e rn R ailw ay ___ 16.296,314
2 0 4 /8 9
T e x a s A P a c i f i c ............
5.189.091
T e x . 8 a . V. A N. W ..
36.328
T o led o A O hio C e n tra l.
1.318.935
T o led o P e o ria A W est’n.
7 1 2 .5 4 0
Tol. 8 t. L. A K an . C ity.
1 / 3 0 , 02«
W abash ..............................
LO,036,124

1897.

lncrea*<

*
1 ,1 5 4 .1 8 6

$
120 031

918.33/401.4 85
3 7 3 ,2 5 6
9 4 9 ,4 6 0
3 9 0 ,7 7 9
4 ,6 7 4 ,7 0 1
1 6 /9 6
2.4*9.484
3 . 0 15,945
1 6 .3 9 6 . '4*
5 ,0 2 i,02#
5 5 ,2 15
8,251.584
2.841.191
3 ,6 1 2 .2 5 '
2 .3 3 5 ,6 2 5
2 2 ,4 5 3 .3 8 8
5 9 2 ,1 6 8
7 8 5 ,2 7 9
1.18* ,454
2 ,6 6 3 / 9 5
4 5 5 .3 6
1 0 .0 1 6 4 5
1,271.32*
9 1 8 ,764
1 ,2 7 * ,4 8 0
1 ,8 5 1 ,6 9 7
4 9 4 .9 1 4
16.4 5 5
5 ,2 6 » ,6 6 8
937.586
1 8 0 ,839
1 ,1 8 4 .8 * 0
8 5 0 ,612
21'*f437
8 2 * 012
2 ,020,949
1 / 9 3 , «7c
8 ’4 .9 3
2 2 8 .8 * 0
6,377
1 ,0 49,960
7 6 3 .4 3 6
6 3 2 ,3 -#
1,438,79*
2 1 8 ,5 7 0
29,261
8 6 /6 3

1 2 2 .768
80.33*
1 1 0 287
1 2 8 512
2 3.461
528.24P
2 .0 5 f
341,301
2 0 4 ,9 2 2
1 ,8 0 ',9 0 ~
1 5 6 ,9 5 8

16.854,801
1 1 ,0 7 1 ,7 2 7
1 .2 4 1 * 0 3 1
1,48 4,140
91.214
30.3 * 8
1 7 ,2 0 7 /f 2
2 ,4 39.704
1 ,9 4 0 .8 0 0
1 ,2 19.442
2 7 ,7 7 *
3 8 8 ,1 7 2
3 .4 7 9 ,8 8 #
831,62*1
252,964
18".,346
1 ,6 0 0 .1 2 2
2 8 1 .1 5 s
4 2 7 .0 1 6
2, 4 4 .6 9 9
2 7 0 ,9 !0
3 ,2 1 7 .2 5 4
7 2 ,5 9 3
1 ,0 5 2 .6 1 ?
361,957
15,217,821
43.2 4 8
^ 7 ,5 ©
9 .3 8 9 ,8 1 6
4 .4 2 6 .6 3
2 .7 3 4 ,5 0 0
5 0 5 ,65b
1 ,5 0 7 ,5 7 2 ,6 3 1 ,3 6 7
7 ,9 7 1 ,5 5 0
17 ,4 1 2 ,7 0 1
8 2 1 ,377
2 1 9 /5
2 ,8 3 2 ,0 3 7
1 ,0 2 3 ,7 7 0
4 ,0 0 7 .7 4 8
2 .9 1 8 ,5 7 8
8,001,291
1 * 7 .476
13,824.831
6 9 6 .3 7 5
4 8 1 ,7 0 5
3 ,8 7 7 ,5 8 .
6 7 3 .58*
4 i 0,290
32,074
1,2 0 9 390
6 3 5 .653
2 5 7 .804
2 7 0 ,572
2,063,631
8 1 8 .0 1 2
213,19k
4 3 /0 *
4 ,0 4 5 ,7 3 3
3 ,2 4 3 ,3 9 5
1 .0 9 4 ,3 2 j
5 -0 ,8 8 4
5 1 7 .6 9 8
198,186
1 4 /4 1 .3 0 *
175,155
4,780.07ft
2 5 .8 5 0
1 ,1 6 8 .1 6
0 6.416
1,042,922
8 .7 8 4 .0 4 9

5 0 3 ,2 5 7
2 6 3 ,0 7 's
3 6 8 .6 0 2
1 8,* 3 1
2 ,5 5 3 . 57
14.4V0
7 2 ,9 2 5
2 4 4 /2 1
7 9 1 ,69L
6 4 /5 0
7 4 1 .2 5 0
115.17S
1 8 9 ,2 4 5
______
2 7 6 ,7 3
1 3 1 ,602
8 * 1 ,8 5 '
1 0 2 ,560
1 2 7 .924
190,131
2 6 2 .5 1 3
7 ,9 0
80,5 3 0
188.497
0 4 0 ,1 8 )
1 8 2 ,514
101,163
............
121 078
8 0 /9 9
157,91©
3 3 .8 8 '
1 230
7,4 3 5
0 3 9 /4 4
1 /8 7 /4 0
3 2 0 ,0 7 2
41.663
4.312
2 ,7 6 5 .7 0 0
42,781
3 7 0 /0 0
2 1 7 .5 0 4
9,081
2 8 .9 8 0
50,20©
2 0 3 ,268
817,638
1 0 2 ,149
12,754
4 .3 V
3 0 5 , IS 5
86.4 3 *
2.09C
1 ,3 42,024
3 3 3 ,' 41
9 1 ,7 8 3
2 7 9 ,9 0 .
60,374
3 1 8 ,1 8 .
1 ,6 4 4 ,3 5 3
1 6 0 .9 7 7
4.*,2 ‘I
2 8 7 ,2 0 7
47,878
3 3 1 ,0 1 3
2 5 5 ,5 0 3
18,9 V
3,85<»,©8<
5,49©
1,585
1 ,3 34,947
5 4 8 983
1,47s
5 3 /3 2
1 0 6 /9 )
10,9 4 0
74. 2 1
3 3 5 .6 '8
5 4 .4 7 6
5 ,6 2 9
3 0 3 ,244
4 4 3 .8 4 .'
62.811
46.577
8 8 ,8 2 2
14.378
1,755,006
2^.734
4 0 1 .0 1 6
10,478
1 7 o ,7«8
46,1.24
1 .2 5 2 .0 7 5

Decrt<+
*

....

.......... ..
........
........
__ ____
3,9 1 0
......

771
1898

Name, o f R o a d ,
W e s tY a .C e n t. A P l t t s b .
W est N. Y. A P a. .. .
W heeling A L a k e E r ie .
W isc o n sin C e n t r a l - ------

8
8 '3 090
2,240,691
1 ,0 7 8 /* 0
3 ,6 4 6 ,5 4 3

1897.

l ncreast

$
849,42*
2 ,202.1 18
74 3 ,9 6 ?
3,281,214

<D
23,67.3 8 , 5 ’?
329.23*
3 6 5 ,3 2 9

D ecrease.
*

T o ta l (128 r o a d s ) — 377,3 9 8 ,4 0 3 339,9 1 3 ,0 0 9 37,889,722 4 0 4 ,3 2 8
3 7 ,4 8 5 .3 3 4
N e t in o r e a s e .....................
* F o r th r e e w e e k s o n ly in S e p te ra h e r.
t d i e s . O hio A 8 o a th w e s t’n in o lu left *ince J u l y 1. 1 8 9 7 . O hio Y a lle y
s in c e A ugust, 18 9 7 . Y a zo o B ra n c h e x c lu d e d a f t e r J u n e 3 0 , 18 9 8 .
t T o S e p te m b e r 24.

Ettcmetavijl CConxmcvctal gugltshl^curs
[F ro m o u r o w n c o r r e s p o n d e n t.!

L o n d o n , Saturday, October 1, 1898.
At the beginning of the week the political uneasiness which
has been deepening of late was still further increased by
. ____
the intelligence that beyond all doubt the white men at
Fashoda were members of the Marchand expedition. The
Government did not publish the Sirdar’s telegram, but his
messages to the Lord Mayor and to the Lord Provost of
1 0 0,635
Edinburg stated that he had established garrisons at Fashoda
..............
3,396 and at the mouth of the Sobat River, and had secured the
equatorial provinces of the Soudan for the trade of the world.
In what way he had dealt with Captain Marchand remains
....
______
to
be seen, and there was some fear that excitement might
........
........
increase in France and that the two countries might be
pluDged in war. Now, however, the fear has nearly died
away, and the general impression both in France and here is
that the question will be settled amicably.
1.029
The French hope that they will be able to get some kind of
9.053
concession in return for their withdrawal of Captain Mar
chand. But the feeling in England is too strong to allow
........
even Lord Salisbury, great as his majority is, to give up a
single inch of the territory that has been won back for Egypt
at so much cost and so much labor by Sir H. Kitchener. Of
course there may be bargaining elsewhere. But the course
of the Nile must be secured. There is a belief in diplomatic
26,392
circles here and abroad that the Czar is using his infl jence to
moderate French pretensions. The belief is at least plausi
ble, for it is incredible that Russia will engage in war be
............
cause France has placed herself in an an untenable and ex
ceedingly
awkward position. More importance is attached
.............
to the excitement over the Dreyfus affair. The Brisson Cab
4,950 inet has had the courage, in spite of the President’s opposition
7 ,7 4 0 and the rage of the General Staff, to submit to the Court of
.......... ..
Cassation the demand for the revision of the Dreyfus case.
11,889 And it is said that M. Brisson is resolved to insist upon a per
fectly fair and open trial for Colonel Picquart. If the Pre
....... mier is firm, and if in the meantime he is not overthrown,
2,419
he will render an immense service to France, and will bring
the military officials at the War Office to their senses. But
3,227
there is a very strong fear that the Brisson Cabinet is near
11,775
ing its fall. And if it falls there are grave apprehensions of
trouble immediately afterwards.
3 2 .549
Respecting Crete there is very little apprehension. The
general impression all over Europe seems to be that England
5 0 .917
and Russia will end by establishing a kind of joint dominion
over the Island. What grounds there are for the impression
it is not easy to say. But the impression undoubtedly pre
vails, Indeed, there is a very strong belief growing that a
1 0 6 ,0 5 6 rapprochement between England and Russia is impending.
They have found that they have been able to work amicably
together in Crete, and they are about, it is said, to try
whether they can work equally well together in China. At
2 2 ,7 5 7 all events, grave as are the events following one another so
suddenly and so dramatically in China, there is very little
fear entertained of a war respecting that country. The
really serious anxiety is respecting the excitement in Paris,
While that excitement lasts it is impossible that there can be
very much improvement in the stock markets here. Early
in the week there was a general decline in prices but in the
middle of the week opinion changed and prices recovered.
The dealings are almost entirely by members of the Stock
Exchange and professional operators. The great public is
holding aloof. And this is true of every market.
The harvest in this country is unusually good, one of the
best harvests for twenty years. And the harvests all over
Europe mostly, with the notable exception of Russia, have
6,098 likewise been good. It is said that the French harvest is the
...
best in the history of the country except one.

772

The Stock Exchange settlement began on Monday and
ended on Thursday, and it was found somewhat of a surprise
that the rates demanded by bankers from Stock Exchange
borrowers bad advanced from about atf per cent a fortnight
ago to dtj per cent this week. It will be recollected that the
rise in the Bank rate was only 14 P®r cent, and there is noth
ing to show that the speculative account open for the rise
has increased. The explanation doubtless is, firstly, that
the shipment of so considerable an amount of gold to New
York induced bankers to raise their terms, and, secondly,
that the near approach of the end of the quarter, as well as
of the mouth, led to a very considerable calling in of loans
by the banks. There is a rather absurd practice among the
banks of calling in loans at the end of the month in order to
make it appear in their returns that they hold larger re
serves than they really do, and it always happens at the end
of the quarter that very large payments have to be made.
Consequently not only did the rates rise on the Stock Ex
change, but there was a very general demand for money on
the part of hill brokers and discount houses, and as a result
very large amounts were borrowed at the Bank of England.
In spite of this, however, the general belief in the city is that
rates will ease off next week, when the quarter’s interest
upon the national debt will be paid.
The shipments of gold for New York have ceased for the
time being, and the market has jumped to the conclusion
that they will not be resumed. You are in a better position
to judge than we can be here whether this is correct or not.
But the best informed in London think that a considerable
amount of gold will go to New York between now and the
end of the year.
Not much, however, is likely to go either to Japan or Rus
sia or Austria-Hungary or Germany, at all events, as long
as there is danger of disturbing the London money market.
Nor is it thought probable that very much will go to Argen
tina. Still there are always large demands to be met during
October, November and December, and these will have to be
supplied whatever may be the result to the market.
In India the slack season continues. But the India Council
manages to sell its drafts without difficulty, although it has
not done quite so well this week as last week. Oa Wednes
day it offered for tender 40 lacs, and the applications exceeded
260 lacs. The total amount offered was sold at prices rang
ing from Is. 3J£d. per rupee to Is. 3 15-16d.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols
&o„ compared with the last three years:
1897.
Sept. 29.
&
23.118 415
8,702.359
38,751.765
18,429,7 23
20,479,842
23,013,206
34,863,741

Sept. 28.
£

Circulation................
............ 27,514,2"0
Public d eposits............. ..............
0,319,003

1896

a

Sept, 30.
£8,033,615
7,747,215
48,036.416
14,914,006
30,034.782
20,152,827
40,386.442

The rates for money have been as follows :
ai
«

Open M arket Rates.

London.
=
23 3 .Months.
Sept. 2 2%
"
9 2%
** Hi 2% i
“ 2> 3
2H
** Sf 3 v>V$«2 0-l«

Bank Bills.
4 Months

Trade
0 Months. 3 Mas.
2%

2H
8 m x

2%
3
2% m M

2 @2*
2
3 m u
3
m

Interest allowed
fftr d h a Bills. Jo in t Dis’ Ff’s*
Stock A t 7 -1 4
4 Mos. Banfcs Call Da t/s
l
X l
1
H
X
2%
1
H
2%
X
3H
IX m
1H
a
‘X 1V4 1%

Tae B ias rate of discount and open market rates at the
chief Continental cities hare been as follows:______________
S e p t 80.

P a ris ............
Berlin
H am burg
F ra n k fo rt
A m sterdam
B russels
V ie n n a...
# t. Petersburg.
M adrid .
Copenhagen

B ank
R a te.
2
4
4
«
2%
8
4
6%
5
4

Open
Market

Bank
R ate.

m

2
4
4
4
2%
a
4
5%
6
4

m
tH
2
2%
4
4
6
3%

Sept 10

Sept. 23
Open
Markt
IH
m
3H
m
2%
m
4
4
5
8*

Bank
R a te
2
4
4
4
2%
8
6*
6
4

Sept. 9.

Open B a nk
Market R ate.
iw
SM
m
SW
2
2
4
4
5

The quotations for bullion are reported as follows:
Go l d .
L o n d o n S ta n d a r d .

Sept.
29.

Sept.
22,

n% 78
77 11%
76 7 78
76
76
76 66 76
76
76 6 76
».

B ar g o ld , f in e ___oz. 7 7
B or g o ld , p a rtin g .o z .
0 . 8 . g o ld o o ln ...o z .
C e rm 'n g o ld ootn.oz.
f r e n o h g o ld o o ln .o s.
J a p a n e s e y e n ....o z .

d.

Sil v e r .
L o n d o n S ta n d a r d .

00%
7
77
7

i.

d.

2
4
4
4
2X
8
4
H
5
4

Open
Markt l
i%
8%
m
2%
2
3H
i

ft

3%

Messrs. Pixley and Abell write as follows under date of
Sept. SO :
G o ld —C o n se q u e n t o n t h e a d v a n c e In th e B a n k r a te l a s t w e e k th
d e m a n d for gol i lias c o n s id e ra b ly s la c k e n e d , a n d th o u g h £ 6 0 ,0 0 0 h a
b e en w ith d ra w n fro m th e B a n k , in s o v e re ig n s , fo r N e w Y o rk , a ll p u r 
c h a s e s o f lia r # a n d E a g le s fro m th e B an k h a v e o e a s e d , th e s u p p lie s in
t h e o p e n m a rk e t Del tie a d e q u a te fo r b o th N o w Y o rk a n d a s m a ll G e r
m a n in q u ir y . A r r iv a ls : S o u th A fric a , £326,10(1; A u s tr a lia . £ 1 6 4 ,00 0 ; C h in s , £ 1 0 0 0 ; B ra zil, £ 3 0 .0 0 0 ; to ta l, £ 5 2 1 .0 0 0
B o m b a y , £ 5 ,0 0 0 ; C o lo m b o , £ 3 ,0 0 0 ; to ta l, £ 8 ,0 0 0 .
S ih c r - A v e ry s te a d y m a rk e t, w ith I n d ia th e b e s t b u y e r a n d tu p p ile s In c lin e d t o h e B caree. P r ic e In I n d ia , 72% r u p e e s . A rriv a ls :
N e w Y o rk , £ 1 1 6 ,0 0 0 ; C h ili, £ 2 .5 0 0 ; to ta l. £ 1 1 8 ,5 0 0 . S h ip m e n ts :
B o m h e v , £ 7 ,5 0 0 ; C a lc u tta , £ 5 2 . 100; to ta l, £ 5 9 ,6 0 0 .
M ex ic a n D o ) l» r n - T n e r c h a s b e e n o n ly a s m a ll b u s in e s s in M e x ic a n s
a t u n c h a n g e d ra te s . A rriv a ls ; S - w Y o rk , £ 1 7 3 0 0 . S h ip m e n ts : H o n g
k i n g , £ 2 2 ,8 2 2 ; S tr a its , £ 4 ,3 0 0 ; t d a l, £ 2 ‘ , 22.

Shipments;

Sept.
29

d.
B a r s ilv e r , t in e .. .o z. 2 8 5 ,e
B a r s liv e r , o o n ta tn ’g
do 5 g rs . g o ld .oz. 2 8 7a
d o 4 g rs . g o ld .o z . 2 8 u , e
d o 3 g rs . g o ld .o z . 2 8 7 ,s
O a k e s i l v e r ...........oz. 3 0 's
M e x lo a n d o lla r s .o z 2 77la

S e p t.

22.
A.

28*1a
28 7a

2SU18
287,«
3 0 's
2771S

I he following shows the imports of cereal produce into
the United Kingdom during the first four weeks of the new
season compared with previous seasons:
Im p o r ts o f w k e a t.o w t.
B arle y ...............................
O a ta ...................................
P e a s ..................................
B e a n s ..............................
In d ia n c o r n ...................
F lo u r.................................

1898.
4 ,2 6 7 ,5 0 0
2 ,0 7 1 ,< 0 0
1 ,2 2 5 .4 7 0
155,960
2 0 3 ,4 7 0
4 ,3 1 6 ,8 0 0
1 ,4 3 3 ,4 0 0

1897.
3 .7 7 1 ,1 0 0
1 ,6 4 5 ,0 3 5
1 ,3 8 1 ,4 5 0
2 4 6 .4 4 0
3 1 3 .5 9 0
4 ,2 7 9 .6 0 0
1 .1 2 2 ,0 0 0

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

1896
7 ,1 6 0 ,4 0 0
2 ,2 2 6 ,0 4 0
1 .2 1 i,8 8 0
2 1 4 ,2 0 0
3 6 7,570
3 ,4 9 0 ,0 0 0
1 .3 0 9 .3 0 0

Supplies availanie for consumption (exclusive of stooks on
September 11:
1898.
-Vheat I m p o rte d , o w t 4 .2 6 7 ,5 0 0
Im p o r ts o f flo u r.......... 1 ,4 8 8 ,4 0 0
Salefl o f h o m e -g ro w n . 1 ,9 9 1 ,5 3 3
T o t a l .......................

7 ,7 5 0 ,4 3 3
1898,
A ver. p rio e w h e a t,w e s k .2 5 s . 5 d .
a v e r a g e p rlo e , s e a s o n ..2 6 s . 6(1.

1897,
3 ,7 7 1 ,1 0 0
1 ,1 2 2 ,0 0 0
2 ,8 4 4 ,9 1 3

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

1895.
7 ,lG 0,40O
1 .3 9 9 .3 0 0
1 ,2 3 5 ,8 7 1

7 ,7 3 3 ,0 0 3
1897.
33s. IL d .
33 s. 7 d .

8 ,7 6 9 ,5 4 8
1896
24 s. 4 4
23s. 9d.

9 ,7 3 5 ,5 7 1
1895
2 3 s Od.
2 2 s. lO d ,

The following snows the quantities of wheat, flour and
uaize afloat to the United Kingdom:
T h is w ee k .
1 ,1 3 0 ,0 0 0
2 6 5 .0 0 0
5 7 0 ,0 0 0

f f h e a t..................q r s .
F lour, e q u a l to q r s .
lia is e ........ .........qrB .

L a s t w ee k .
9 8 5 ,0 0 0
2 5 5 ,0 0 0
6 6 0 ,0 0 0

18 9 7 .
1 ,2 2 0 ,0 0 0
2 5 0 ,0 0 0
8 3 5 ,0 0 0

E n g lis h F in a n c ia l J l i r n e t s - P e r

1896.
1 .4 9 5 .0 0 0
2 4 5 ,0 0 0
1 .1 4 0 .0 0 0

C a b le .

The daily closing quotations for securities, etc., at Loudon
are reported by cable as follows for the week ending Oct. 14 ;
S a t.

LONDON,

M on.

T u e t.

Wed.

S ilv er, p e r o u n i s ___ d. 2 8 iia
28
2 7 7s
109%
lo n s o la ,, n e w , 2% p .o ts. 1097l0 109%
F o r a o o o u n t ................. 1099,8 1099,8 1 0 9 7 ,,
BT1oh r e n t e s (i a P a r is ) fr. 02-22% 0 2 27% 02-37%!
41%
S p a n is h 4 s ......................... 41%
4 1 73
12%
12%
A coh. T o p . & S a n ta F e . 12
33%
33%
Do
do
p ro f. 3416
8H%
86%
8 6 7s
C a n a d ia n P a c ific ............
1395.
25%
25%
Oct. 2.
22%
22%
C h e sa p e a k e & O h io ........ 22*3
£
110%
27,113,025 O hio. M il. & a t. P a u l .... 1 1 0 % 110
55%
55%
6,722.739 D eny. & R io G r., p r e f . . 568)
13%
13%
4 7,o 6 L,860 E r ie , c o m m o n .................. 14
14,825,088
35
35%
35%
1 s t p r e f e r r e d _______
25.3L0.778 Illin o is C e n t r a l............... 114
112%
113%
32.469.290
198
t9 8
42,772.315 L a k e S h o r e ....................... 198
55%
55%
L ouisviD e & N a s h v ille . 5618

37.820.269
O ther deposits
G overnm ent sec u rities.. . . . . . . . . 12,363.593
O ther securities ........................ 30,771,306
R eserve of notes and co in ------ 22.46 2.761
Coin & bullion, both d ep artra’ts 33,176,964
47*
Prop, reserve to lia b ilities. p.ct.
3
2
Bank r a t e ........... .....p e r c e n t.
110
107 11-16
Consols. 2% per c e n t.................. 109 18-16
SO 5-l6d.
30 11-ied.
Silver ........................................... 28 5-16 d.
Cl earl uk H ouse re tu rn s ............ 132,029,00u 116,422,060 150,037.004 192,194,000

Bates of
Interest at

[Vol. lxvii.

THE CHRONICLE

Mo K a n . A T e x ., o o m ..
N. Y . G e n t’l & H u d s o n .
N. Y. O n ta rio & W e s t’n
N o rfo lk & W e s t’n , p re f.
N o rth e rn P a c ific , o o m ..
P r e f e r r e d .......................
P e n n s y lv a n ia ................
* Phlla. <fe R e a d ............
* P hil. & R e a d ., i a t p r e f .
* P hil. & R e a d ., 2 d p r e f .
J o n tb ’n R a ilw a y , o o m .
P r e f e r r e d ........................
O nion P a o lfto . ...............
Do
n e w p r e f ..
JfahaB h, p r e f e r r e d ........

i ‘i%
119
15%
5 1 7b
41%
78
60
9
215s
10%
9
34%
34%
66%
2 1 1a

11%
U S ’s
15%
51%
40%
77%
60%
9
21%
104
3%
33%
33%
66%
21%

ii%
118%
15%
50%
40%
77%)
60%
9
21%
10%
8%
33%
33
66%
j 21%

Fr\.

T hu rs.

27%
279,0
109%
109% ,
109%6 109%
102-30 02-17%
4115,8 ■11%
1 2 78
13
34
34%
86%
86
26
22
22
110%
in
55%
55%
13%
13%
34%
3 t%
112%
112%
198
198
55%
5 5 7g

27%
10815,6
1 0 9 5 ,,
01-92%
42
13
34%
86
26%
22%
111%
55%
13%
35
112%

11
11%,
118% ’ 118%
15%
15%
49%
50%
40%
40 %
77%
78
60%
60%
8 '8
8 ’e
20%
20%
104
10%
H%
8%
33%
34
33
33%
67
6 %
21%
21%

11
119
15%
51%
42 %
78%
dii%
8%
20%
10%
8 78
34 %
34%
67%
21%

....

56%

* P r io e p e r s h a r e .

®%ranxeucial and i^tsccHitucuxielJcurs.
Imports and E xports for th e W ee k ,—The following are
the imports at New York for tbe week ending for dry ^ooia
Oct. 6 and for the week ending for general merchandise,
Oct. 7 also totals si ice the beginning of the first week
in January.
FO REIG N IM PORTS AT NEW T O S S .

For w eek.

1898.

>TY *?OOdB........
te n ’l ra e r’d ls e
T o tal ........
S in c e J a n . 1.
B ry g o o d s -----a e n ’l m e r’dla e

18 9 7 .

S I ,3 8 8 ,1 6 5
5 ,3 4 2 ,3 6 0

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

8 6 ,7 3 0 ,8 3 4

* 5 ,5 5 8 ,9 4 3

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

1896.

1895.

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

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

$ 7 ,9 3 0 ,2 7 8

$ 1 0 ,2 6 4 ,0 0 1

$ 8 8 ,1 2 8 ,7 7 4 $ 1 1 5 ,5 5 4 ,1 1 4
2 6 0 3 6 9 ,2 5 7 285.91.1,603

T o ta l 4 0 veekB * 3 2 8 ,4 0 2 ,5 5 5 $ 3 8 6 ,4 9 7 ,8 2 2 $ 3 4 8 ,4 9 8 ,0 3 1 $ 4 0 L.4 6 5 ,7 2 2

The following Is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Oct. 10 and from January 1 to date:
8X PO BT8 FROM NEW YORK FOR T B E W EE K .

f o r th e w eek,
^ re v . re p o rte d

18 9 8 .

1897.

1896.

* 9 ,3 1 8 .3 1 5
3 5 8 ,3 2 2 ,3 8 5

*6.474,5'58
3 1 0 ,3 5 1 ,8 3 1

* 7 ,5 9 ’ .225
2 8 5 ,1 3 6 ,3 7 4

1895.
$ 5 ,8 8 3 ,0 3 3
2 5 2 .3 7 3 ,0 2 1

T o ta l 4 0 w eek* * 3 6 7 ,6 4 0 .7 0 0 <F316.826.419 $ 2 9 2 ,7 2 7 ,5 9 9 * 2 5 8 .7 5 6 ,3 54

THE CHRONICLE.

O c t o b e r 15, 1898.J

T h e fo llo w in g ta b le sh o w s th e ex p o rts and im p o rts of
•p e c le a t th e port o f N e w Y ork for th e w eek en d in g Oct. 8
a n d sin c e J a n a a r y 1, 1898, and for th e correspon ding periods
in 1897 and 1896.
EXPORTS AND IHPOBTS OF SPECIE AT NEW YOBK.

W eek.

G re a t B r i t a i n ..........
F r a n c e ........................
G e r m a n y ...................
W e s t I n d i e s ............
M e x ic o ......................
S o u th A m e rlo a ___
A ll o th e r o o n n trie s
T o ta l 1 8 9 8 ........ .
T o ta l 1 8 9 7 ____
T o ta l 1 8 9 6 .. _

S in c e J a n . 1

$ 5 3 5 ,5 0 0 $ 8 ,4 1 4 ,2 5 7
11,365* 2 9 ,7 0 9 ,9 2 2
3 .0 4 0 5 0 ,9 5 6 .2 8 2
E x p o r ts.

S ilv e r .

W eek.

W eek.

S in c e J a n . 1.

$ 3 ,4 6 0 ,4 5 5 $ 8 8 ,8 3 2 ,8 5 4
1 ,4 4 6 .0 1 5
6 .6 s9 ,8 9 4
2 ,2 1 3 .2 9 6 6 2 .3 4 8 .6 5 7
Im p o r ts.
W eek.

S in c e f a n

.

S o u th A m e rlo a ........
A ll o th e r c o u n trie s

$200
750
580
5 4 ,1 2 7
5 ,5 5 5

$ 1 6 ,9 4 4
24,132
4,0 1 0
28 0 ,1 3 4
9 0 3 ,9 9 4
6 40 501
70,304

T o ta l 1 8 9 8 ..........
l o t a l 1 8 9 7 ..........
T o ta l 1 8 9 6 ..........

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

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

$ 1 ,9 4 0 079
2,253 927
2 ,3 3 7 ,1 2 5

G e r m a n y ...................

Of th e ab ove im p orts for th e w eek in 1898 $844,551 svere
A m erican g o ld co in an d $1,080 A m erican silv e r coin.
N ew Y ork C ity C le a r in g H o u se B a n k s.—S ta tem en t o '
con litio n for th e w eek en d in g O ctober 8, based on average"
o f daily resu lts. W e o m it tw o cip h ers ( 0 0 ) in a ll cases.
Banks.
A tn k of N ew York
M an h attan Co...........
M erchants’ ................
M echanics’ . . . . . . ---A m e ric a ....................
P h e n lx ........................
C ity ............................
C hem ical....................
M erch an ts' E x ch ’ge
G a lla tin ......................
B u tch ers’* D rov’rs’
M echanics’* T rad ’s’
G reenw ich.................
L eather M a n n fao ’rs
S e re n th . ...................
S ta te of N ew York.
A m erican Kxobange
Com m en e . . . . . . . . . . .
B roadw ay...................
M erca n tile .................
Paolflo........................
R ep u b lic ....... ...........
C hatham .....................
People’s ......................
N orth A m erica.........
H a n o v e r.....................
Irv in g ..........................
C itizens’ .............. .
N a s s a u .......................
M arket A F n lto n ...
Shoe A L e a th e r----Corn E x ch an g e.......
C ontin en tal................
O rie n ta l......................
Im p o rte rs' a T rad ’re
P a r k ............................
■ k»t R iv er
.......
P e a r t h ........................
C e n tra l.......................
ttecond ........................
N in th ..........................
F i r s t ............................
N . Y. N a t’l E x ch ’ge.
Bowerv.......... .............
N ew York C o u n ty ..
G erm an A m erican ..
0 h m ..........................
F ifth Av e n ae ............
Germ an E x c h a n g e ..
G e rm a n ia ..................
L in co ln .......................
G a rfie ld .....................
F ifth ............................
B ank of th e M etros.
W est Hide.................
Seaboard___ _
_
S ix th ...........................
W e s te rn ...........
F ir s t N a t. B ’k ly n ...
N a t. U nion B a n k ...
L iberty ......................
N . 7. Prod. E x ch 'g e.
Bk.of N. A m sterdam
T o ta l....,

O apU al D u rp l’ij L o a n s .

Specie.

L e g a l* , d e p o sits

$2,000,0 $1,8 58,0
2.050.0 2,215,2
2,000,0 1,061,0
2,000,0 2.005.1
1.500.0 2.503.2
1,000,0
243.4
1,000,0 4.322.8
300.0 0,990,4
600.0
176,1!
1,000,0 1.725.4
121,2
300.0 j
400.0,
170.0 1
200.0
171.6
600,0
482.6
300.0
109.3
505.1
1,200,0.
5.000. 2,010.6
0
5.000. 3.602.0
0
1.000. 0 1.627.8
1,000,0 1,013,6
475.1
422,7
834.1
1.500.0
988.0
450,0;
252.5
200,0!
554.5
700.0
1,000,0 2.240.2
368.0
500.0
378.4
600.0
267,9
500.0
974.1
900.0
154.0
1,000,0
1,000,0 1.330.8
005.2
1,000,0
397.4
300.0
1.500.0 5.815.1
2.000,0 3.235.9
154.7
250.0
3.200.0 2.030.2
610.0
1,000,0
721.1
300.0
287.6
750.0
500.0 7 488 2
50,8
300.0
011.2
250.0,
450.3
200.0
298.1
750.0
1,000,0 1,129,0
100.0 1.102.5
570.8
200,0
748.3
200,0
748.2
300.0
200.0
857.0
320 3
200.0
850.5
300.0
200.0
340.4
384.2
500.0
200.0
349.3
2.100.0
707.7
964.6
300.0
1.200,0
918.5
500.0
335.9
1,010,0
353.5
250.0
298.4

N ew Yo r k Cit y .
Astor P la c e ............
Colonial..................
C olum bia............... .
E leventh W ard —
F ourteenth S tree t
Franklin N ational.
J a n s e v o o rt----Hamilton. —
Hide A Leath. N at.
Home. .....................
H udson R iv e r----H onnt M o rn s ___
M utual...................
N ineteenth W ard.
P la z a ......... . ............
R iverside............... .
S tate............... .........
Tw elfth W ard __ _
Tw enty-third W ’d.
U b Iod S q u a re ........
f o rk v llle ...............
Astor N a t’l B ank.
Br o o k l y n .
Bedford.................. .
B roadw ay...............
B ro o k ly n ...............
Eighth W ard .........
Fifth A venue.........
F n lto n ................
Kings C ounty...
M annfact’r s ' N a t’l
M echanics...............
Meoh’s’ A T ra d e s '
N assau N a tio n a l..
National C ity .........
N orth Side.............
People’s...................
Queens Co. (L.I.C.)
Soherm erhorn.......
Seventeenth W ard
Sprague N ational.,
rw enty-sixth W ’d
Union......................
W allabont.............
Ot h e r C it ie s .
1st N at., J e r. C ity.
H ad. Co. N a t J . C.

Loan.

134.2 >9.9 036,380,1 1428500

1.414.0

1.275.7
277.3
518.0
844.9
079.4
1.970.7
2.300.2
842.9
3.714.0
2.153.0
1.203.9
854.5
2.131.1
517.2
408,4
1.091.7
384.2
295.9
504.9

$
116,6
88,0
168,0
448.6
137.9
113.9
13,3
114.3
113.8
42.1
215.0
98.2
108,5
111.0
176.4
63.6
117.0
97.3
81.8
104.2
87.1
72.0
100.7
19 4,1
112.3
45.2
49.0
194.4
91.1
631.7
178.1
90.7
050.0
454.0
07.9
67.9
397.8
81,6
125.5
285.0
34 4
28 9
72.8

%

$

105,0 2.450.2
820,5
2,0 1.900.0
1.662.2
854.8
605.9
53.8
014.4
1.228.0
1,631,6
19.8
612.7
1.177.0
275,0 1.707.8
1,8
887.0
9
875.0
1.182.8
728.0
94 0 1.711.0
150,9 1.507.5
135,4 1.042.5
2.304.0
37,5 1.299.2
1.588.0
85,0 1.140.6
1.577,4
20,7 1.214.1
250.0
7,8
25,4
4 80,5
816.0
037.4
2.670.3
2.217.2
77.1
944,1
95,0 4.103.0
107.0 2.707.0
125.0 1.280.0
29.2
907.4
89,9 2.075.2
479.0
410.4
14.0 1,135,0
0.0 407.3
15.0
215.7
126,0
035.3

01.07r.0\3.4O4.Q\4.007.0 8, 108.82,939 3

5.204.0
1.809.4
1.313.4
815,9
1.368.0
828,4
493,8
594,0
6 7 ,9 0 8 3

67,440,5
68,7*4,7

B onds.
$ 1 ,0 0 0 R 'e e c k e r S t. & F u lt o n
F e r r y R R . 7 s, 1900, J & J ___105*6
S hares.
1 50 E d g e m o n t-U n io n H ill
S m e ltin g C o ............$ 5 0 f o r lo t

B y Messrs. A drian H. M ailer & Son:

DsvowltsA Oirc’l’n. Olsaein*

53,594,7 7L0,800,8 15.473.2 889.065,0
0.498.0 194.777.0
0.579,0 105.518.0
0,243,0 202.309.0

”
8 . 60.587.3 189,970.0 10,877,0
P h ll a .*
37.147.0
O ct. 1. 35.388.0 124,165.0
30.849.0
”
H I 46,388,0112 1,418,0
38.434.0

Sept.21..I 35.388.0 123.030.0

100.
100,00
100,0
100,0

1.028.6

B onds.
$ 5 ,0 0 0 B ’k ly n H e ig h ts R R .
1 st 5s, 1941. A & O .............. I 0 3 tj
$ 5 3 ,5 0 0 S e n e c a L ig h t «fe P o w 
e r Oo. (S en eca F a lls , N. Y.)
1 s t 5s, 8. F ................................. I8*a

N . Y.*
$
$
9
*
f
$
Sept.17. 134.315 0 053.204,7! 1283998 53.357.5
712,007,0 14,4*0.0 815 102 0
'* 2 4 . 134. m .O 042,10?,3 1295406 53,794 6 7<>0,703.3 14.974.1 814 737,0
Oct i.. 135.133.0 035,572,8 1303141 54,544.8 702.128,2 15,498.4 774,094 9
”
8
B an.*

150.0 107.2
100.0 112,0
300.0 157.0
100.0 33.4
100,0 50.9
200,0 171.7
150.0 59.1
252.0 423.1
500.0 387.5
100.0 191.0
300.0 500.9
300.0 557.0
109.8
108.5
100,0 123.5
59.9
100,0 71.2
200,0 210.1
100,0 59.0
100,0 43.1
29.5

$
39.2
03.0
90.0
60.8
05.5
22.0
38.8
69.5
13-1.7
37.5
83.0
134.3
90 9
119.2
7s, 9
42.9
36.0
104.4
99.2
152.2
80 8
150.0
65.3
114.0
33.4
21.4
22.7
33.9
59.4
200.5
88.0
51.0
179.0
311.0
57.5
30.2
135.0
15.8
31.4
11.0
18.3
11.2
49.5
10.8

195,2
13.9
104.0
50.1
10.1
91.0
22.0
51.1
221.5
59.1
24.0
01.7
20.2
19.9
54.1
9,4
70.0
23.3
24.4
70.4
96.2
233.1
27.4
10.0
71.9
13.9
24.7
50.9
9,8
252,4
90.2
71.8
217.0
148.0
12.8
48.8
110.6
15,0
9.3
99.7
11.3
6.3

Auction Sales.—A.mongother securities the following, no r
regularly dealt in at the Board, were recently sold at auction.
By Messrs. R. V. Harnett <Sr Co:

'itsele.

8ept.24. 00.587.3|188.431.O 10.835.0
Oct. 1.. 00.537.3)189 406 0 17 024.0

$

250.0 355.5 2.348.1
100.0
764.1
00,7
300.0 183.9 1.940.0
100.0 117.2 1.207.0
100,0
50.8
721,5
028.8
0,0
200,0
693.3
200,0 31.5
200,0 81,2 1.149.3
500.0 100.2 2.148.8
100.0 83,7 579.0
200,0 189.7 1.112.0
250.0 91.6 1.317.9
920.0
200.0 111,1
640.4
100,0 25.0
100,0 108.9 1.078.5
100,0 102.5
743.0
100,0 73.6 1.514.0
200,0 140.0 1.223.7
790.0
100,0 48.7
200,0 296.1 2.009.0
100,0 123.1 1.228.7
8,7 1.006.4
300.0

Totals Sept. 24. .'o.ora.o\8.4i 8j

S h a res.
B o n d s.
2 M a rk e t & F u lto n N a t
$ 7 ,0 0 0 N e w a rk (O.) W. W .
io n a l B * n k ...... .............. 23 3
Co. 1 s t con. .'d 6 s. 1 9 0 ).
7 C itiz e n s ’ N a t. B a n k ____ 126
A<ftO. O c t , ’93 , c o up* <m.$ 1 0 lo t
5 N a t. P a rk B a n k .......... .. 341*2 $ 5 ,0 0 0 N e w a rk (O.) W W .
7 O rie n ta l B a n k . ................ 160
Co. 3 d 6s, 1905.
A&O
5 P ao itic B a n k ..................... 180*9
O d t , ’93 , c o u o o a s o n ___ $ 1 0 lo t
3 P e o p le ’s B a n k ........ ......... 22 7
$»,'>00 K a n k a k e e W W . C o.
3 N a ss a u B a n k ................... 162
3 d 6 s, 1912. J & J . J a n . ,
1 U n ite d S ta te s T r u s t Co. 1,285
1891, c o u p o n s o n . ........................ $5 l o t
4 3 B a n k of N Y „ N. 6. A.. 2 U * 9 $ 1 ,^ 0 0 G re e n I s la n d W a te r
2 5 M e r c h a n ts ’ N a t. B a n k .. 152
Co. 2 d 6 s. 190 4.
M &S.
M aroh, 1894, c o u p o n s o n . . $ 5 lo t
5 B a n k o f r h o S t a t e o f N. Y. 1 0 )
18 N a tio n a l B a n k o f C o m 
$1, 0 0 A dam s W W . Co. 2d
m e rc e .....................207*4, 2073J,
6s. 1905. J & J . J a n . , 1 8 9 4 ,
2 B a n k of A m e ric a ............. 3 6 5Lj
c o u p o n s o n .......................................$ 5 lo t
« C h em ica l N a t. B a n k ... 4 ,0 0 0
$ l , * 0 0 S p a r ta n b u r g W. W .
1 6 M a n h a tta n C om ’y B ’k . . 227*9
Co. 2d 6s, 1908.
F & A.
F eb , 189 t, c o u p o n s o n ..$ 1 0 0 lo t
5 0 M ec h a n ic s’ N a t B a n k . 174*9
4 0 0 B u tte Cit-r W a te r Co. )
1of $ 4 ,0 0 0 R ic h m o n d S t. R y. &
2 0 0 P e o ria W a te r Co. . . . 5 * 60 lo t
E lec. Co. 5s. 1 9 2 0 ........J & J .
65
19 G a lla tin N a t. B a n k ___ 3 15
$1 L<>00 L ittle F a lla & D olge5 0 L ee A rm s C o .................$ 2 0 0 lo t
v ille R R 1st ^s. 192*'. J &
1 5 0 B o as K in g K n ittin g M a
J . J u l y , 18 )8, c o u p o n s on . 25*9
ch in e Co ......................... $ 2 5 lo t
17 T itle G u a r. & T r u s t Co. 2 90
2 B ond & M ort. G u a r.C o . 2 0 0

Daubing and financial.
Spencer Trask & Co.,

Nnvf York C ity, B o sto n an d P h ila d e lp h ia B a n k s .— B elow
w e fa m ish a anm m ary o f th e w e ek ly reta r n s o f th e C learin gH oase Banks of N ew York C ity, B oston aad P h ila d elp h ia ,
T he N ew York S c a r es do n ot in c lu d e r esu lts for th e n o n m em b er ban ks.
8 'irout.

.

Leg* 1.
Lo a n s &
N et
In v e st Specie. <k B 'k Qlear'g Other
Dem en ts.
N otes. Agent. Bks.Scc p o sits.

400.0 704.4 4.015.2 141,7 235.0 412,1 294,3
250.0 521,1 1.943.2 105.0 t!6,3 20 L7 100,7
2d Nat., Jer. City.. 250.0 301.5 1.418,4 59,1 51.3 302.0
889.7 30.5 44.7 101,9 15.9
*d N a t , J e r. C ity .. 200.0 190,9
32.9
1st N at., H oboken. 110,0 417,0 1,013.9 105.1 20.4 123.0
756.6 43.5 32,0 04.0 115,0
2d N at.. H oboken. 125.0 83.1
7
Bank of Staten Isl. 25,0 44.1 403,1 25,9 28.7 84.0
lat Nat..Stalen Tal. 100.0 71,0 593.7 20,4 27.5 105,4
rol»l» Oct. 8... 0,013,0 S.iOO.O 63, 170,0 3,406,7 3, 920,0 S.'SS.S 2 3*13
T otals Oct. 1... 0.013,0 8,433 s 6336S. 83. 78s. 7\ 7,8803 7-762.7 2,4043

—......... 58,272,7 75,987,2 030.330.1 1428)06 53,594,7 710,800,8

C apital A

.

Sur
plus.

C api
ta l

BAN EBB.
(00s om itted.)

S in c e J a n . 1 .

$ 1 ,0 2 3 ,2 4 0 |$ 3 4 ,3 4 0 ,3 42
7 7 8 .3 5 0
2 ,6 1 0
4 7 8 ,3 0 5
1 4 ,1 5 9
2 ,2 0 0
1 9 2 ,7 1 4
7 ,4 8 5

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

We o m it tw o c iph ers C00) in a ll cases.
D eposit.w ith I

$200 $ 2 .2 5 ^ ,7 4 2 $ 4 2 ,5 9 8 ,9 6 4
3 4 5 ,1 2 5 1 5 ,9 7 0 ,4 9 4
8 ,0 0 0
7 7 8 ,9 8 3 2 6 ,4 7 2 ,4 9 0
8 ,2 7 7 .5 0 8
3 9 .^ 7 8
2 ,6 8 1 .0 5 2
5,82<>
2 ,5 0 0
9 1 ,6 5 6
1 0 5 ,757
3 5 ,2 0 7
4 ^ 6 ,3 7 7
2 0 ,2 9 2
55 1 ,8 2 1

$ 5 3 5 ,5 0 0

Reports of Non-Ueoiber Banks.—The following is the
statement of condition of the non member banks for the
week ending Oct. 8, based on averages of the daily results

Im p o r ts.

E xport*.
G old.

773

133.057.0
134.937.0
138.250.0

0,098 0 95 308 8
0 090.0 92 455.5
0 033.0 113,892 9
5.938.0
5.023.0
5.921.0

05,738.7
80.308,2
77,551,0

BANKERS,
U

D P 1 V 8

STREET,

.

.

.

NEW YORK.

65 S ta te S tre e t, A lb a n y .
IN V ESTM EN T SEC U R ITIES.

G e o b o e B a rclay Mo f f a t .
M

o

f

f

a

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

&

W

h

i

t

e

,

BANKERS,

IN V ESTM EN T SE C U R IT IE S

N o .l NASSAU S T R E E T ,

.

.

.

NEW YORK

[V ol. LX VII,

THE CHRONICLE.

774

D I V I D E N D S .
P er
O etu.

W ane o f C om pany.

R a ilro a d * (S te a m .I

G re a t N o r th e r n , p re f. (q u a r .) —
R io G r a n d s W e s te rn , p re f. (q u a r.)
S t. P a u l M in n A M an . g u a r, (q u a.)
S tre e t H a llw a y * .•
A lb a n y {N. Y .) B y . (q u a r,)* .........
B ro o k ly n C ity R K . (q a r . ) . . . . . . .
D a r tn io u 'h A W e s tp o r t S t. R y ..
N ew B e d fo rd , M ass, (q u a r ) ___
M a r k e t S t.. S a n F r a n . ( q u a r . ) . . . .
P i t t s b u r g & B irm in g h a m T r a o ..
T r u s t 4‘o m p a n l e * .
N . Y . S e c u rity A T r u s t ...................

TI l » e e l I a n e o u » .

C en t. C oal A C oke, p rs f. ( q u a r .) ..
P u ll m a n ’s Pala< e C a r ( q u a r . ) . ..
U n ite d s t a t e s E x p r e s s , ..............

W h en
P a ya b le.

Bootes clo sed.
( D a y s itie lu s iv e .j

1%
%
1*2

N ov.
N ov.
N ov.

1 O ot. 21 to N ov. l
—
to
5 —
1 O ot. 16 to N o v. o

1*3

N ov.
O ot.

1 O ot. 23 to N ov. 1
15 O ot. 14 to O ot. 16

D ot
O ot,
O ot.

to ___
8 __
10 S e p t 2 ) to O ot. 1 0
IS O ot. 14 to o o t. 17

2*9
O
60c.
1
8

N ov.

2
1*3

Dot-.
N ov.
N ov.

1 O ot. 28

15to
1 5 'N o v . 2 to N o v , 1 5
1 5 ' -----------t o --------------

W A L L S T R E E T , F R ID A Y , O C T. 1 4 , 1 8 9 S .- 5 P. M .

18 9 8 .
Oct. 8.

D iffe r e n ’s fr ’m
Prev. w eek.

1897
Oct. 9

1896
Ocl. 10

$
5 8 ,2 ’ ? ,7 0 0
7 5 .9 8 7 ,2 0 0
63 ,3 8 0 ,1 0 0
1 5 .4 7 3 .7 0 0
7 1 0 ,-0 6 ,8 0 0
1 4 2 ,8 5 0 ,6 0 0
5 3 .5 9 4 .7 0 0
196,445,301)
1 ,7 ,7 0 1 ,7 0 0

$

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

$
60,622,70**
7 3 .0 1 5 .6 0 0
4 5 3 .3 9 3 .3 0 0
2 0 ,2 9 5 ,8 0 0
4 5 8 .4 8 4 ,8 0 0
5 8 ,4 5 0 .4 0 0
7 1 .7 7 0 ,0 0 0
130 220 400
1 1 4 ,6 2 1 ,2 0 0

I n o . 8 0 7 ,3 0 0
D eo
2 5 ,2 0 0
In o 8 ,9 7 8 ,6 0 0
I n o . 6 ,5 3 6 /1 0 0
Deo. 9 5 0 ,1 0 0
I n o . 5 ,5 8 6 ,1 0 0
I n o . 2 ,1 6 9 ,6 5 0

T ntereti
P erio d s.

to

The Money Market and Financial Situation.—Efforts to
continue the erratic and unnatural movement of speculative
shares were somewhat successful during the early part of the
week. Opinion is divided as to whether this movement has run
its course. However this may be, legitimate business is now
less obscured than it has generally been for several weeks
past and the conditions usually affecting Stock Ex
change operations are again being more carefully con
sidered. Prominent among the latter is the export demand
for breadstuffs (especially for wheat, as has been previously
mentioned, hut which has become more pronounced this
week), and a corresponding advance in price. This will soon
become a more important factor in railway traffic, and in the
foreign exchange market its influence is increasing. There
have been liberal sales of securities for foreign account, but
these were readily absorbed by au increasing home demand.
The political situation, l*oth at home and abroad, is at
tracting attention. Locally, however, there is less concern
about the policy which will be adopted in regard to the gov
eminent of Cuba, Porto Rico, Hawaii and the Philippines
than as to what financial legislation shall be enacted. An
important event of the week was an increase in the Bank of
England discount rate to 4 per cent. This action may lessen
the flow of gold to this country, but that is a matter of little
consequence in view of the present condition of the money
market, and will result in the accumulation of a credit bal
ance in favor of this country, as was the case last year.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 2 to 3 per cent. To-day’s rates on call were 2 to 2%
per cent. Prime commercial paper quoted
to i l4 per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £550,991, and the percentage
of reserve to liabilities was 4V30, against 44-20 last week; the
discount rate was advanced from 3 to 4 percent. The Bank
of France shows a decrease of 9,550,000 francs in gold and
6,300,000 francs in silver.
The New York City Clearing-House banks in their state
ment of Oct. 8 showed an increase in the reserve held of
$5 ,586,100 and a surplus over the required reserve of $18,743,600, against $15,327,150 the previous week.

C a p ita l....................
S u r p l u s ..................
L o a n s & d lso ’n ts
C ir c u la tio n ...........
N a t d e p o s its .........
S p e c ie .....................
I/e ^ a l t e n d e r s ___
R e s e rv e h e ld ........
L e g a l r e s e r v e ___

The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1 lGdiseount, selling75c. per $1,00 • premium; Charles
ton buying 1-16 discount, selling 1-16 premium; New Orleans,
bank, 50c. premium, commercial, $1 25 discount ; Chicago,
pur; St. Louis, 40c. per $1,000 discount.
United States Bonds.—Sales of Government bonds at the
Board include $71,000 4s coup., 1925, at 127 to ISTijf: $10,' 00
4s reg., 1925, at 127':,: $?,fl»0 Is coup., 1907. a* 112; $5,000 4s
reg., 1907. at U07.; to 111; $1,000 5s coup. at. Il2?g; $19 300 3s
reg. at 104ft! to 105*4; $318,200 3s coup, at 105)4 to 105%, and
$5,600 ditto (small bonds) at 104% to 105%.
The following are the daily closing quotations ; for yearly
range see seventh pace following.

2 b..........................r e e . Q. -Moll.
3s, 1 9 1 8 ..............re s . Q .- F o b .
3s, 1918 ..........coup. Q .- F e b .
3s, 1918, s m a lL re g . Q .- F e b .
3s, 1 9 1 8 , am all*, c’p. <$♦- F e b .
i s , 1 9 0 7 ............re g . Q. - J a n
4s, 1 9 0 7 ............coup. O. - J a n
4 8 ,1 9 2 5 ----reg. Q .- F e b .
4 8 ,1 9 2 5 ............coup. Q. - F e b
5s, l 9 0 4 ............re g . Q .- F e b
5e, 1 9 0 4 ............coup. Q .- F e b .
6s, o u r’oy,’9 9 . . .re x . j . & j .
4s. (C hord 1 8 9 9 .rear. M arc h .
T uib 1b t h e » n o e b id a t t h e

Oct.
8

Oot.
10

Oct.
11.

* 99
*10458
105 J*
*105

* 99
104%
1055s
*105

* 99
*1043*
105%
104%

Oct.
12.

Oct.
13

Oct.
14.

* 99
* 99
* 09
*1043| *104% 105
105*2 105% 105=»
104% 10434 105%
105*4 105% 104%
110% *110% 111 *11014 *110% *110%
' I 11 * 111
112
*110% n m % *111
*126% *127 *127
127*4 *127
*127%
127Lj 127% 127% *127 *127%
*127
*11 % *112% •112% * 112*s *>12% *112%
1121s 112=8 '1 L .% ”112** *11 % *112%
*102 is * 1 0 2 ^ '. 0 1 % ! 02% ■1 0 2 % *102%
*102
*102 *102 *102 *102 *102
m o r n in g b o a r d ; u o s a le w a s m a d e .

State and Railroad Bonds.—Sales of State bonds at the
Board were limited to $93,000 Virginia fund, debt 2-3sof 1991
at 78 to 78%. $20,000 Virginia 6s deferred trust receipts
stamped at 7% and $3,000 Tennessee settlement 3s at 93*4The volume of business in railway bonds at the Exchange
was limited to an average of less than $2,000,000 par value
per day. The market was generally steady, chauges being
about evenly divided between higher and lower quotations.
The most conspicuous advance was in Pittsburg &
Western 1st 4s. from 92 at the close last week to 95,
on a steadily increasing demand. There is a fair invest
ment demand for high-grade bonds, but transactions
are limited because of the paucity of offerings.
Stock and Bond Sales.—The folLowiag su >ws the volume
of busiaess in stocks and bonds on the New York Stock
Exchange for the past week and sines annary 1.
S ales
,— Week e n d in g Vet. 1-1— . .-------- S a n . 1 to Oct. 14-—— .
N . Y. Stock Exch.
18 9 8 .
18 9 7 .
18 9 8 .
18 9 7 .
GoTorumeat bonds
*487,100
*53,000
*17,314,380
*0,085,800
State bonds............
114,000
08,400
2,498.200
1,209,100
RR. & mtso. bond*. 11,200,000
10,142,000
620.410.U10
417,882,21*
*645,123,540
*427,087,1 10
T o t a l................ *11,840,100 *10,259,300
Stocks—No. shares
1,729,984
2,402,045
82,854.114
90,9:43,856
P m rain * . ,.,*157,738,6..0 *242,789,9 i0 *7,905,445.925 *5,886,527,700
Bank i hares, par ra l.
$2,850
$6,500
*140,660
$271,8X0

We add the following record of the transactions for each
day of the week.
Week e n d in g
Oct. 14, 1898.

------------Sto cks---------- . R a ilr o a d , <£c. State
P a r v a lu e .
B onds.
B o n d s.
S h a res.

V. 8 .
B o n d s.

$15,500
127,518 $12,079,050 $1,200,600
27.254,050
2,318,500
8 1 ,0 0 0
132,000
M onday................ . 302,237
27.935,050
1.498.500
80,000 111.7G0
Tuesday................ , 302,1 62
83,460,f 50
2,001,000
57,500
W ednesday......... . 88 7,110
29.586,100
1.894,000
79,800
, 3'6,102
10,000
2,380,000
27,411,700
25,000
41,200
F r id a y ............... . 294.805
T o t a l . . . .......... ,1,720,934 $157,783 600 $11,296,000 $116,000 $437,100
S a tu rd a y ............... .

The sales on the Boston and Philadelphia Exchanges for
the week ending Oct. 14, 1893, have been as follows :
L is te d
sh a re s.
S a tu rd a y ,,,.26,652
Monday ..,, .67,983
Tuesday ..25.5 >7
W ednesd’y.2 4,578
Thursday..,.25,775
Friday ...,..23.000
T o ta l.... 198,505

— Boston.U nl is ted
sh a res.
7 .U 6
21.282
14.917
18,347
8,244
13,200

Bond
sales.
$28,700
82,050
56,600
92,850
79,000
39,000

L is te d
sh a re s.
9,657
12,521
13,555
9,778
13,031
11,110

77,40$

374,100

60,800

P h ila d e ip h i a .--------- »
U n liste d
Bond
sh a re s.
sates.
4,095
$16,940
9,4 23
190,400
83,385
11,987
5,158
9*.4 10
247,440
7,783
8,005
120.800
40,449

757.355

Railroad and Miscellaneous Stocks.—The stock market
was depressed during the early part of the week under the
influence of sharp declines in some of the most active indus
8 u r p lu s r e s e r v e 1 8 ,7 4 3 , flOOilno .3 ,4 1 6 ,4 5 0 1 3 ,4 8 5 ,5 0 0 1 5 ,5 9 9 ,2 0 0 trial stocks. Transactions at the Exchange were less than
The Clearing-House, on Oot. 80, 1897, also began issuing 800,' 00 shares on Monday and only a trifle more on T esday.
weekly returns showing the condition of the non-member On Wednesday the tone improved, the volume of business
banks whioh clear through the Clearing-House institution*. was larger, and several issues of the granger group advanced
The statement in full for the latest week will be found on to about 1% points above last week’s closing prices. Thurs
a preceding page.
day’s market, although less active, was generally firm, and
Fort ign Exchange.—The market for foreign • exchange in many cases fractional advances were recorded. The
has become easier as the week has advanced. The offerings of grangers were the firm features of the market throughout
ccmmercial bills are increasing and the demand continues the week, on the large general traffic movement now in prog
limited, A small amount of long bills was taken for invest ress. Illinois Central declined 2 points on the restriction of
business at the Southern terminus. Lake Erie & Western
ment.
To-day’s actual rates of exchange were as follows : Bankers’ preferred lost 11% points on dividend rumors. Northern Pa
sixty days’ sterling, 4 81 %@4 81%; demand, 4 84}^@4 84J>£; cific made a farther decline early in the week, but later ha3
cables, 4
85; prime” commercial, sixty days, 4
<* rallied on reports that more harmonious relations among
4 81; documentary commercial, sixty days, 4 80@4 81; grain security holders have been established. The anthracite coal
for payment, 4 80JJ@4 81; cotton for payment, 480 *4 80*4; group was weak, Central of New Jersey selling down to
within a fraction of the lowest quotations of the year.
cotton for acceptance. 4 80*404 81.
The miscellaneous list has continued to be subject to specu
Posted rates of leading bankers follow:
lative manipulation. American Sugar and American To
bacco were by far the most active, the former selling on
S ix ty d a y s.
D em ana
Oct. 14.
Tuesday at 108%, a decline of nearly 40 points within a few
P r im e b&nJterft' s te r lin g b ills o n L o n d o n . 4 8 2 -9 4 8 2%
weeks," T- e latter fluctuated over a range of nearly 12
4 85
4 8 0 % 3 4 81
points. New York Air-Brake was relatively steady, within
D o c u m e n ta r y c o m m e rc ia l............................. 4 8 0 ®4 81
P a ris b a n k e r s ’ (f r a n c s ) ................................... 6 246,,,1*24% 5 ? 3 % ® 2 2 7 1C a range of 6% points. lu many cases the extreme quotations
mentioned above have been modified under the more normal
3 9 is la ”® 39 %
A m s te r d a m (g u ild e rs) b a n k e r s ...................
4 0 » 4 0 'lfl
9 4 % a 9 4 t a i e conditions now existing at the Exchange.
F r a n k f o r t o r B re m e n (re lo ln n a rk s) V k e rs
9 4 % fl7l>94%

LHE CHRONICLE.—STOCK

O ct , 15, 1898.]

PRICES (2 pages)

P ag e

1,

776

New York Stock Exchange—A. Daily, Weekly and Yearly Record.
8 T 00< Z 8— H IG H E S T 1 V O
S a tu r d a y ,
Oct. 8 .

M onday,
Oct. 10.

T uesday,
Get. 11.

TL85
•u v *
♦35
Vi%
3254
Tiu>*

•185
•185
125* •115* 1 2V* •11
•35
30
36
53494
12#
1244 12# 12*
33#
325* 325* 32%
40#
41** 45
445*
31
31
•30
8854 •68
*08# 0 9 # •08
8** •594
*5H
8*
*3«
•103 108 •103 108 *103

.O W E 8 T 8 1 L E

•180
12
•11
12
34% 535
30
124* 125* 12#
33
33#
33
4.5
* g * 415*
32
08% 08
68
85*
594 594
108 *103 108

*180
11# *11
35
30
13# • 12#
329* 33%
45
45
32
0 0# 0 8 # 0 3 #
5)4
594
594
*103 108 •103

03%
•30
*07#
*80
83#
535*

8444 03%
33
•30
75
•874*
•80
83% • 8 3 #
53
53

01% 04
33
•30
75
•875*
•80
*88%
53
53

641* 8494
33
*30
75
•875*
■00
84# •8 3 #
53 ' 552#

91
91
*25X 255*
2 1 # 21#
#157 157
• 171
114V* 114V*
55
55
•105 106#
14#
14
•70K 73
40
40%
•37
235*
•8
9
•39
32
106% 1 0 7 #
154# 155
130 130*4
•175
101 101%
7 9 # ■«4
•157 100
•8 #
8#
33 # 33#
40
40

##5*
•24
2 '#
1150#
•170
11354
54
* ...*•
14
•7054
•40
•27
85*
•29
10854
155
129
175
100#
775*
* L57
S3
33%
40

91
88
25
24
21#
215*
153# •152
•171
114# 1139*
5 4 # •535*
100# *105
14!* 13%
73
•7094
4151 •40
2 8 * •27
85*
8
32
•29
1081* 1089*
ISA.* 155#
13o
129#
175 117 4%
101# 100#
78
•7 754
100 •1575*
8#
•8
3<% 33%
40
•394*

9054 87
24#
25
219* 2154
150
157
•171
114
113#
55
S5194
100# •105
14#
13%
73
•7094
4194 13 9%
2 8 # •2 0 #
9
0
32
23%
10894 106%
1555* 15794
129* 130#
L75 •175
1005* 100%
79
79%
100 •157
9
*7#
83% 33%
39#
3994

8954 8 9 #
25#
2 55*
219* 219*
1 5 /# *154
•171
1 14'* 114#
5 4% *525*
100# *........
14#
145*
73
•70
39% 3 994
2 0 # *20#
8
•7 #
29% S28
107% 1079*
150# 159
13094 130%

16#
*109

10#
45J*

35* SK
•17
24
105#105#
148#
•18
14#
5 4 # 5*5*
•1 4 # 10
•2 #
3#
•35* M
•18
13#
•34
85
•17
1M**
83
83#
•50
65
14
37
•30
• i i j * 15
1344* 134#
•30

1*4
14% 15%
445* 45% 44
•109
• 169
10
S16#
•35* 4 ** •35*
• •. • • • 2 4
105 1 0 5 # 1 0 3 #
148# 148#
•13
54
54
53%
•14
10
•14
•2 #
*2#
3#
•85*
•« #
13
13
13
133% 33% 3 3 #
*10% 10% •17
33 X 3 3 # •3 2
•60
55
•00

10
4 4%

10#
55* • 3 #
24
104# 102#
140# • .......
It#
135*
537* 53 H
•14
15
•2 #
3#
8 4 •0 #
112#
13
3 19* 33%
171, >18!*
3 3# •33
•00
05

10 i # 100!*
7994 79%
100
159#
8#
7%
33% 33%
4<J
40
16%
455*

10#
44%'

110* 1 0 8 # 109
S99
100
99
9
18#
8#
83
32
32
0#
55* 6%
17
1 0 # 18
4
•3
4
15
•13
15
32
•29
32
10
•3
10
14
13# U i*
08
59# 01#
194 •1 9 2 # 194
55
*47
54
587* 535* 54
2 17* 9 2% 9 2%
105
1 0 2 # 104#
•4%
5
1
r
“#
•106
28
•28
28
90
o ># 190
595* •58
00
•10
1094 1 0 # 10*
33#
31
32
32
3194 32V*
29
427# 2 7 #
178 •175

335*
♦89
•58
•10
•ig H
324*
H
•27i *
•175
....... .
•115%
•12
•60
•31
♦350

38s* •26
19*5*
1595*
•10
"V* 10%
32H •3 2 #
33 s* 3 1 «
261* •27
*170
.........
115% 115 115# 11 4 # 115
14
*13
14
75
•00
80
*31
33
345*
•350
•330

•188
♦15

191 •188 192 •190
15% 1 5 # 15#
15

192
15

•18
50
89#
7554
•54
•74

15
•13
15# •13
1554
50
150
50
40#
38 V* 39% 3 8 # 885*
7 ># 7 4 # 7 5 # 7 4 # 7 5 #
57
•53
53#
53
53
77
172
72
73
73
• T hese are bid and asked prices ;

•12
•12
15
135% 130% 130
•30
108%
•90
*8#
•32
•55*
17%
•3
*13
•29
•3
13%
00
•1 9 2 #
•47
519*
93
102#
•4%

Bid.

Ask. 1

3 4 # 37
103 105
225
$104 107
$111 112
Exch 1 1st.
115 117
$106 107
255
$1.18

177
$112

181

118

84
52#

109
100
8#
33
«#
18
4
15
32
5
14%
00%
194
54
54#
9i
103#

64 4
•30
•875*
•80
*33
‘5 2 #

R a ilr o a d S to c k s .
12
35
12%
8 89*
45*
32
70
594
108

Do p re f, when issued.
Balt. A 0 . Southw., p re r..
Bust. A X. Y. Air L.. pref.

05* Bro »klyn Raotd T ransit...
33 Buffalo R >ch. A Pittsburg.
75
Do *
pref.
83%
54 C a n a d a S outhern............

Too
151
1,510
27,511
3,280
20"
1,602
000

28
90
00

11 A pr
34 J a n
10#A pr
22% Mar
412#J a n
31 Oct
08 Oct
5 # Jan
§105 Mar

59 437
.........

21
l
21
12
25
10
12
19
9

15 Feb
40#Feb
14#A ug
3 7 # Aug
545#3*t»
77# Feo
H05 Mar

8
7
t •
27
19

15#A uf
*0 A u,
17 Sep,
S5V*Sep
21V*Sep.

3
2 J ’ne
9 102 Mar 106 Oct.

35 31ar 12 69% Aug 2 2
25 Mar 1? 34 Sep 7
02 May 0 70#S ep 7

1,0 10
'910 4 4 # Mar 12 5 7 # Feb

22# A p r
9 # Apr
17 A or
9 J ’ly

5

1 8 # J in.
10%May
5 4 # J 'ly

37#D eo
31 Deo
66%Deo

4 4 # Jan.

02#Sep.

4,88 0 8 0 # Mar 20 9 8 # J a u 7 08#M ay
8 S94 Central of Yew Je rse y ---3,410 11 Apr 23 20%Sep 23
20 Central P a c ld c ..... ..........
7 # Apr
4,175 1 7 # Mar 20 20 Aug 1
2 ■9* -hesapeane Sc O n to ........
1 5 # Mar
269 §150 Mar 14 §166% Jan 1 4 147 J'ly
158 Chicago A A lton.................
Do
pref.
§106 Mar 24 §100 Mar 14 l0 1#M av
115# Chicago Burl. A Q uincy... 46,995 85% Mar 20 120 Aug 18 0 9 # Jan .
Chicago & East. Illinois...
4 .0 49 A nr 19 60 J ’ne l 3 7 # J ’ne
Do
pref.
100#
102 J a n 7 113#F eb 1 95 Jan.
14% Cnlcago G reat W estern .. 17,842
9 # F e o 24 18 Aug 22
3 # J ’ne
73
Do 4 p.c. debentu res.
T lg .fT y 15 7 3 # 3 e p 2 7 l# O c t.
4o #
Do 5 o.c. pref. • A ” ..
5
28 Mar 15 42V*Aug 22 3 1 # Aug
26
Do 4 p.o. pref. “ B ” ..
10 20 Apr 21 3 0 # .Aug 10 19 Aug
40"
7 Feo 24 I t J ’ly 27
8 Oct.
«V4 'hlc ladlanap. A Loulsv..
20
654 23 A pr 10 3 8 # J ’ly 27 26 Nov
Do
pref.
1 18# Chicago Mllw. t St. P aul.. 7 l,5 2 i 8 3 # A p r 21 115 Sep 8 0 9 # A p r
Do
pref.
2
40v
100#
140 Apr 25 10 o # O c t 14 130#M ay
131s, Chicago A North W estern.
2.137 ll3 # M a r 12 130% Vug 23 101% Apr
12- 103 J a n 3 175 #O ct 7 153 Jau.
Do
pref.
101# Chicago Rock Isl. Sc P ac.. 20,395 80 Mar 25 l0 8 # J ’ue 1 00#.Apr
8" ■ 65 Mar 12 87 Aug 17 47 Jan.
70S* Chic. St. P. Minn. Sc O m ...
100
Do
pref.
210 1148 Jan 5 §105 Aug 17 1 3 3 # Jan.
83w
8
9 # Mar 3
34%
2,595 2 2 # Jan 3
4,700 25 Ma. 12 4 7 # Aug Id 2 1 # J’ne
40V* Clev. Cin. Chic. Sc St. L»__
63 J ’ne
1,0 .0 l l # \ i a r 20 1 9# J a n 12
10%
1 0 # 10%
4.190 44 Oct 0 5 3 # 0 9 d 8 39 Nov
Do
pref.
45 ’ * 1* 45
•109
101 Apr

1 0 3 # Jan .
18 Sep.
2 7#A ug
170 Mar
175# N ot
102#8ep.
01 Sep.
103 Sep.
205*Au«
75 Deo
43 Sep.
33#Sep.
13 Aug
38#Sep.
102 Sep.
140 8ep,
132#Ser
105#S e|.
97#Sei
89#Sep.
150#D eo

8994 *3 7#
2 95* 26
21#
245*
159 •152
•170
U 5 # 114#
545* •53
LO0# • . . . . .
14
llv*
•70
73
409* •3954
2 Si* 120
Sv* •75*
28
20
1085* 107#
159# 100
1*15* 131
.....
10 L#
102
725*
79%
159# 10)
13
8
3 4% 34
39#
40#

89
15
140#

4% Col. Hocking Val. Sc Tol...
24
Do
pref.
1104% I0t% D e la w a re Sc H udson.......
• ......... 149
l^ e l. Lack. Sc W estern...
.........
Denver & Rio Grande. ...
54 % 54%
Do
pref.
•14
10 De8 Moines & Ft. D odge..
3#
•2 #
*0
7
Do
pref
•121* 18s. p n e .....................................
1st pref
» H 81s* Li Do
17
17
Do
2d pref.
33 ffivansv. A Terre H aute ..
133
*00
01
Do
pr«f.
171tn t A Pere M arquette..
39
•J5
4*

•12
139
•30

15 Ft. W orth Sc Rio G ran d e..
110% ( 3 re a t Northern, pref ...

4%
109
•90
•8 #
•33
•5 #
17#
•3
•13
*29
•3
115
01#
•1 *i #
•47
0194
94
101%

109
100
9
34
8S*
17#
4
15
32
5
15
01%
194
54
5 .v*
95%
104
5
l
l
*#
•s
108
2 7#
•20
27
28
90
•80
9 1 # •89
59
•58
*58# 00
•10
10% 10% 110% 'll
8 0 # 3 0#
29# 30#
33#
33
3 2 # 33
2 8#
•27
•27
28
S170
5175 175

1049*
•9 3
•0 #
3354
•5 #
•1 7 #
•3
•13
•29
•3
14#
01
•19 2 #
440
54#
93#
10 3%

C i.an A rb o r .....................
Do
pref.
Atch. Topeka A Santa Fe.
Do
oref
[£alt.A O .,tr.r«c all tns.pd

109#
100
9
33#
04*
17%
4
15
32
5
14#
01#
194
40
51%
95#
104

| Ulnois C e n tra l............ .
1 Do leased line, 4 p. c.
Iowa C entral........................
Do
pref.
\ T anaw ha Sc Michigan ..
•V an City Pitts. * G ulf..
Keokuk 3c Deg Moines. ...
Do
pref.
Keokuk & W estern............
Kingston Sc Pembroke ...
T ake Erie Sc W estern ...
^ Do
pref.
Cake Sh. Sc Mich. 8 o u th ...
Long Island................ . ...
Louisville & N ashville.. ..
V f an h attan Elev.,consol.
v4-etropolitan -Street.......
Mexican Central.............
Mexican Nat’l Xr. re c ta ...

21*
915

8#O ct
17 lan
4,322 102#O ct
225 1 4 4 # Apr
10 1 10 Apr
2.214 40 Apr
100
8% Apr

7
7
12
21
20
21
21

l8 # S e p
8 # Feb
25 Feb
11 4# Feb
159 Feb
15#Sep
5 8 # 0 ep
20 J ’ne

5 "Apr
11 Apr
2 9 # Apr
1 5 # Apr
22 Mar
40 J a n
10 Mar

4
21
22
22
9
18
12

8% Aug
1 0# Feo
4 3 # Feb
2 1 # Feb
34 Sep
70 Sep

1.724
1,091
809
000

43 Jau
28 Mar
10 May 19 10 %J an
10,06u ♦122 J 'ly 1 180 J ’ne
§30 Jan 7
49 J a n
100

(G t y e j * a t

foot

H tre e t R a ilw a y * .
C h n st’p’r A 10th Sf-Stock
Col A 9th Ave 5s—See Stock
Dry Dock MBA B att’y—
S to ck .. ................ . . . .
1st gold 5s 1 9 3 2 ....TAD
Eighth Avenue—Stock.
Scrip 0s 1914 ..............
4 2d A Gr St F e r-S to c k .
1st m ort 0s 1910.. M ts
2d Income 08 1915.JAJ
Lex A vA Pav F 5s-See Stfc

of

7 o o n '8 e o u t [ y e

Bid- | Ask.
I0O 165
Ercn l I8t.
170 185
$115% 1 10#
1* 3
848 855
108
. • ••
300 365
05
115# 117#
9 7 # 99
E tch i IMt

2
10
l# A p r
9 14 Au/
3 9 9 # Apr
5 140# May
7
9 # Apr
6 30 Apr
in
7 Apr
33
4
11
11
20
21

5 Dec
i t # Apr
27 Apr
!5#M av
20 J ’ne
28 Aug

4 l# 8 e p
8 0#8ep
49 4Deo
108#8ep
...............
18 J a r
40 Jan
123 Sep
164 Aug
14%Aug
50#A ug
14% J’ly
6%Nov
1 0 # Aug
19 Sep
40#Sep
2 5 # Aug
34 8ep
48 Sep
14 #A ug
49 Oot

28 30 Ma5
7 # J ’lv
81 12 'N o’v 20#Sep
3 ) 120 J a n 141 Sep
2 7 # Apr
27 50 Dea 50 Ded

4,701 90 Apr 21 115 Sep 6 9 1 # Apr 110% Aug
4 §94 Feb 18 199 Oct 11 88 J a u 97 Aug
30
7 # M ar 18 10 *Aug 22
0 Apr 13I*S9P
000 25 Apr 28 37!* Aug 16 23 J'n e 41%Sep
91* Aug
4 J ’ne
100
rt#F eo 2
5%Oct 11
3,500 15 Apr 20 2 4 # Feb 10 17#D ec 29%Sep
41* Aug
2 Feb
5 # J 'n e 11
3 J a n 27
15 May 12 18# J’ne 14 12 Ma’ 2 8 # J a n
30 J 'n e 2 34 J a u 31 83 Feb 36#O ot
2 Aug
1 Auv
4 # Aug 10
2 May 19
2,500 12 Oct 10 2 3 # Aug 22 13 May 22#Sep
8,252 58#O o' 10 83 Aug 19 58#A pr 79%Sep
20 170%.Jan 4 198 Aug 4 152 Jan 181 Sep
20 40 J a n 20 5 9 # Aug 10 38 Dec 55 J a n
10 387 44 Apr 21 6 0 # Jan 31 4 0 # Apr 63%Sep
43,7 78 90 Oct 3 120# Jan 14 81% May 113 Sep
10,730 1 2 5 # Mar 20 171# Feb 14 99%Oct 133#D eo
94*J’ly
4 # J ’ne 15
2% Aug
1 Nov
l # May 2
1 Feb 10
lll! * 3 e p
400l 24 Mar 11 30%Feb 15 10 May S1V*S«P
17 84 May 14 91 J ’ne 27 77% Mar 90 Sep
10 40 Mar 20 63 J ’ne 8 46 Feb 629* Sep
6 Deo
6 Dec
7 Mar 11
600 10 Apr 13 1 4 # Jan 20 10 Apr 10%Sep
5,91 4 28% Mar 12 41 Jan 28 24% Apr 42 Sep
4,034 22 Mar 12 88S*A.ug 11 10 May 40V*Sep
21 24% Apr 19 8 2 # Feb 7 18 J ’ne 32 Aug
26 § l8 7 # J a n i $176 Oct 13 162# J ’ne 178V*Oeo
60 3 ’ne 1 00 J ’ne 1 70 Jau 85 Jep
3,505 105 Mar 26 1 2 0 # Aug 8 9 2 # Feb 115S*8ep
80 1 l# M a r 14 l5 # J a n 31 11 Feb 17V*Sep
73 Feb 19 76 J a n 31 0 7 # Apr 8U*Sep
28 Mar 25 4 0 # J a n 29 24 Feb 43V*Sep
§352 Oct 14 295 Feb 325 Deo
§120 Apr 20 125 Sep 8 119 J a n 122 MU
100 11 7 8 # Ian 7 1190# Au 18 100 Feb 185V*Sep
840 1 3 # Apr 25 !8% Feb 2 12% Aur 20# 8ep
••••• 1 1# Apr 21 17 Feb 7
9 Apr 17l*8ep
3 153 4 2 # Mar 12 5 0 # Feb 7 22#M ar
230,548 19 Feb 2 4 42#S ep 10 11 Apr
31,701 56% Mar 12 79%Sep 0 3 2 # Ja n
125 35V*.Ian 7 0 1 # Aug 32 10 A.P
1151 0 5 # Mar 29 7 7 # Aug 31 37%Ja .

Minneapolis Sc St. L ouis...
Go
1st pref.
Go
2d pref.
Minn. St, P. Sc S. S. Marie.
Mo. Kansas A Texas .......
10%
Go
pref.
31#
Missouri P a d do.................
33%
Mobile Sc Ohio.......... .......
28#
Morris & Essex..................
V » ’ h. Chat. * St. Louis..
1155* 11554 115# 115# 1155* U S * .9 Y. Central * HudBou..
•12
13# N- Y. Chloago & St. Louis.
14
•It
14
•11
•00
73
•31
34#
3 4 # •31
345*
352 '
•350
•350
N Y. Lack. & W estern ...
51 24 1 34
•190 192 •190 192 ♦19 ) 192 V. Y. New Haven Sc H art.
•15
1 5 # 15# N. Y. Ontario A W estern..
15
15
15#
15# Norfolk Sc W estern.
•13
15
•13
15# •13
49
49
4 9 # 50#
Go
pref.
49
50
4 0 # 411* Nor. Pao. Ry., vot. tr.c tfs .
3S% 4 0 #
39% 4 1 #
74% 7 5 #
Go..........
pref.
75% 7 0 #
75% 7)
•54
57 1 kr.RR.A N.Co.vot.tr.cfs.
57
*55
50
•53
75 ' 7 Do pref., vot. tr. otfs
•74
77
70
•71
*73
no sales on th is day.
i Less th a n 100 shares.
t Ex dlv and rights.
•20
•88#
•58
•10
♦ 10#
30#
325*
•27
•175

O U T S ID E S E C U R I T I E S
H tr e e f l l a l l w a v *
NEW YORK CITY.
Bleeck S t Sc Ful F—Stock.
l« t m ort 7s 19 0 0 ...JA J
B'way Sc 7th Ave—Stock.
1st m ort 5« 1904...JA D
2d m ort 5* 1914...... JAJ
Con 5s 1943—See Stock
8'w ay Surf l* t5 a g n . 1924
2d 5«
a* ren tal. 1905
C entral Cro»*town—Stock
le t M 08 1922 __ MAN
0#o Pk N A E Riv—Stock
Ooieol Tg i<nq
J%n

06
33
75

4
41*
4v*
2 4 • . . . . , 24
104# 104# 104%
140 • __ , 148
13#
54
’519* 54%
10
14
10
3#
•0
7
12% 13
13#
31% 34
33#
l 7% 17
17#
3 3 # •33
33#
01
•60
05
39

•12
15
•U5* 15
134M 1355* 134# 135
•30
•30

1105* iii*J4 109
•92 100
•92
9
•8 #
•325* 33
•3 2
m*
•5 #
1854 185* •10
4
•3
•3
•13
15
•13
•29
32
•29
•3
10
•3
15#
12
12* 09#
59
59#
1192# 193# •9 2 #
•47
55
•47
54
53
#35* 9 4 # 9 2 #
1 6 3 # 104% 103#
•4%
5#
•4%
•5* i
*#
50

10#
44

F r id a y ,
Oct. 14

*180
in *
•35
12#
33#
*44

835* 05
•30
33
75
•80
•83# 84#
53#
♦53

R a n g e f o r p r e v i
8 ales R a n g e fo r y e a r 1898.
o f the On b a sis o f rao-*K*r+ fof<t o u s y e a r 0 .8 9 7 ;,
STO CK S.
Week.
N. Y. STO CK E X O H . S h a r e s
Low est.
ti.cgn.oai..
L o w est. H ig h e st.

P R IC E S .

W ed n esd a y T h u r sd a y ,
Oct. 12.
Oct. 1 3 .

pa g es

S t r e e t R a i lw a y * .
M etropolitan—Nee Stock
Ninth Avenue—Stock__
Second Avenue—S to c k ...
1st mort 5s 1909. .MAN
Debenture 5s 1909.JA J
Consol. 5s. 1948 ..FAA
Sixth A venue—Stock.......
So Eer 1st 6b 1919.. AAO
Third A reune—.Ve« Stock

to1

* Before paym ent of assm t. 7 id lnstal. pd.

).—

STREET RAILWAYS, die.

Bid.

Ask.
1st.

165
178 182
$109 110
$108#

200
$110
Exch.
$110#
Tweuty-Thlrd B t-S to o k . 810
Deb 5s 1900.............. TAJ 108
175
Union Railway—Stock

225
114
list.
100
200

H tr e e t R a i l w a y s .
Union Ry 1st 5s ’42.FAA
Wes to host 1st 5s ’43.. JAJ
BROOKLYN.
A tlan. Ave., l8t5a..AA<>
Con 5a g 1931 .......AAO
B. B. AW.E. 5a 1983. AccO
Brooklyn City—S to ck ....
Consol 5s 1941. . .. JAJ
^klynCroaatnSsI 908.JAJ
iroovlvn Elevated (new)
P ref (new) .....................
B c inH gtslst 5s 1941 AAO

Bid.
$113
8110

As*.
m v*
112V*

$107
$109
95
90
217
113
105
25
55
104

220*'
110
27
00
100

•THE CHRONICLE.—STOCK

7 71>

ST O C K S—H IG H E 8 T A N D L O W E S T S A L S P R IC E S .

PRICES (2 pages) P age 2
S ales

[V o u

R a n g e fo r y e a r 1 8 9 s .

l x v ii .

R a n g e fo r p r e 

o f the On b asts o f /oo-sh’r e lo ts v io u s y e a r (1897).
STOCKS.
10.
.
Oct. 13.
14. j1N . Y. STO CK EXOBu SWeek.
hares
Low est,
Highest-,
L o w est. H ig h e st,
*26 30
30
30
26 26
30
2fl%|
»25X
833
87% Aug 27 17% J ’ly »3%A»g
40
41
40
-*43
46
40% *45%
44k
47 P acific
Coast Co..
309
4 S k8ep 21
•SO 04
85 •80 64
84 •59
•80 64
85 *80
*81* 82
Do 1st p re f...
l !5
SIX 81k]
91 J 'n e 2*
02
62
62
•61
03
Do 2d p ro f...
69 Sep 17
§L17%117%
116%U7X•HflU
11714
117*3
117%
117%
117%
357 :
120%Fet> 7
110 Sep
♦
3
5
*3%
5
5
*3
5
5%Feb 11
8%Aug
•i*35 06k
40 ♦#«X
42 40
43
43k
43%
43% iS H .SX
47%May
2
89%Deo
esx *170
•03
0#X e«x •64 . *170
*03 07
200
pref.
71 Feb 7
70|{Oot
♦ 170
J175 175
13|
i §175 Sep 8
172k Aug
9 9% 17X
9%
§9 9 IT9% 17K
9%
*54;
9%Oct 14
12 Sep
17% 41
17%
l 9H% .I 40
QQI/Qcy,
18** 17%
23% Jan 6
MIX •UK 40%
41
33%
89X
40 Vi 40% 40%
,080
54%Feb
3
579$8ep
X
19%
19% i,, U80i m 186
19%•185.x .....
29 J a n 6
IBM 2d pref., voting tr. ctfs.. 900
35%Sep
185
*185 M•185 ' *185
I §186 Get 13
185 Jan
32 Aug 23
25k8ep.
pref.
69%Aug 2"
6 1 k Dec
•125*’ 7 ii25%isaii
•125" 7%♦ 12 " 7% 126
......
•i¥e" 7% ,omeDoJ . AWG.atertow
25 j
n A O gd..
I §125%Sep28
122%Deo
7
•0
7%
lal,,
r
o
t.
tr.
cts.
8%Feb
1!
9%Sep
•56 29%
5S ilT
§55% 55X
•50 58 50 56
57 57 •55X 21
58 . * DoDo
'214
l» t pref.
63 J 'n e 11
54kD eo
•17%
17’X •L
22 *10 22 •IS
5
2d
pref.
23%
J’ne
11
20%8ep
§7
♦ 7% 035*
7k 647X 647X Do
[,808
9 Aug 25
9 Aug
64 29% 03J*
O17S 29%
03 ♦*807kk SO* *3003%
553
68%Aug 22
1st pref.
59%Deo
•30M* 30k
§29%
sox
30k
a«X
620
Do
2d
pref.
2B«
34%Aug
24
2
7 k Deo
*4H U34
5% I'M
w estern...
6*4 Aug 10
MX «X
7 Aug
f'Oj, 245K ■ X>x 24U) M*4%
OJJ 245k *4%
% 24' *21
:,208
pref.
14% Aug 18
11
IX
I4% 8ep
24 *2
27 Aug 11
80 Sep
•87 L70
90 *105
•87 L70
90 U06
*87 L06
90 •105
*87 90 16934
•87 109k
90
*86L 24
90
90 Aug 3
pref.
8?kO ct
•165
509 ]
x!72kl72%
I72%
0ct
14
125
Aug
23H
asw« t,X „SX USX
23 • %
%
23%
22%
23%
,900
2SX
25MSep 23
23%Sep
sx sax% 33
,380
8-X
8k
8%
10 Aug 23
12%Sep
*8X
33X
33
S3X
32%
313i% 33k
36%Aug 27
33K
3SM
88%Sep
• % •155
§13 13 150
• X 13 •150
13 152
13 145
945
13%•140
16%A ug 24
15 Aug
xsx 145
ISX Do pref., vot. tr. c tfs. ,373
145
775 :
173 Dec
194%Feb 16
*
*
*
28
*•155
38
28
28
28
‘.....
28
25
Sep
21
2
6kO ct
•40 50 *40
50
*40 30
50 *40 50
*40
50 *20
*40 30
50 Do
pref.
45 Sep 8
•26
30
•26
30
*20
30
SOkSep
2
9%Dec
14%Deo
32 64S<
39K 31%
SIX
S X 64%
32%
32%
33% 32% ssx
51 fi
Pacific B y . . . . . . . .
3 4 k A u g 30
B4X
I.X eix
‘XX 32
Union
961
65
65k
Do
...p re f.
67% Sep 0
85M
m
ax
2X
2%
m
105
2X
2%
2%
10%Feb 18
1 A pr
IM
*7 aux
'iH
•m
"XX 'IXK aox
7%
*7
7
% *7
050
9%Aug 31
4%Mar
7%
•SSJj
iOH
M
520
aox
20%
aoM 20% 30k
24%Aug 31 I l k A pr
W aD o “ '
pref.
sox
USX 4 4 sx MX 933% 9t p 93%
933k% 93X B«X
i 10 2% J a n 8 100%Nov
4 MO ct 5
m
*194 4SX
•19
«X
19
19
isx
Do
pref. 4tli do
150
19
•18M 13
2^A pr
20%Oct 4
M8X
ax
K MX
igcon. Cent., vot. tr.ctfa.
*1
1 J 'n e
3% Jan 17
ax
*4 8
Do
p re f
6 Sep
7%Sep 29
M i s c d l a n ’o S t o c k s .
116
110 1108 108 *108 115
s E xpress....... .
140 1
§180 Feb 10 147%Feb
30« 115
35 35%
34X 115
85X
ssx S5X
9,47
erican Cotton O il....
9% M ay
39%Aug 20
30k
30% 87
36k 8«K
3(IK A mdam
80
S36X
85%
S'40
<X SSsix« 87
601
90%Aug 22 52%Feb
ssx
85%
§80%
85,X
Do
pref.
40
40
40
40
*......
40
A m erican D istrict T e l. . . .
30 Sep 1 21kD ec
•130
134
135
1130
32M§130
157
140 J ’ly 20 109% Jan
ISOM *128 133 A m erican E xpress.............
30 H80im *78«
30
!31W BIX
29%, 130% §130%
six *180
3UX 80
*29% 8L
1,320
erican M alting............
38 A ug 16
sox 81
SOXA mDo
•78«
§79%
8 7% A ug 16
303
80 80
pref.
•79X
n
IX
Itx
UX
HX
UK
3,083
6%Nov 15% Aug
15%J’ne 9
A m erican SptritB M fg .. .. .
11%
Ilk
i
m
UK
UK
•33
34 •S3
34 •33
33 28%
33 •27k
S3X 28
42C
34
34“ ' *33
41%A ug 25 15 Dec 30 Aug
35 A mDo
pref.
*27
28
27X
U7X
87X
27X
1,125
28k
43% J’ly "
28%
erican Steel & W ire ...
31
•80 80X 18BXiiax
BX 109 H IM 108k
«X 108X
Hex U0JS
5,550
87X SIMA m Do
pref.
87k 112k
87-, 110MUSK
9 2 k j ’ly
U3«1I5«
erican Sugar Refining. 369,441
140%Aug 26 109%Mar 159kSep
105%100
101
U 105 105X
105X105X
1,282 1
116 J a n 6 100 %Jan 1 2 lk S e p
106k
1003
Do
pref.
108K
106K
§98 98 598 98 119%125%
§98 98 116
§97%130% 117k120*
100 §
•96 98 117k120%
98 Sep 16 8 5%Jan 94 J ’ne
*96 98 AAmerican
Teleg. & C able..
122%125
158% Sep 19 6 7 k F e b 90%Aug
m erican Tobacco.......... 278,594
1125%
125%*118
125
•MS
125
*118
125
*118
125
135%Aug
20 100 Feb 115 Aug
28
:
125
*115
Dc
prof
973 99X
•973 U»x
S7X
U7X
UX* 3% 99%
15
1993 993 *98*3 USX
101 Sep 19
Do
dividend scrip.
•3
3
8,275
sx
3%
3%Oct 16kA ug
5%J a n 21
ay S tate Gas
SM
•123&M 125sx •123•7X 125sx §123*7Xm xX*123*7%1258% 123
Brooklyn Union G as....... 672 :
128% A ug 12 85 J a n 187 Sep
123 122%
122%
14 J 'n e *
*7% 8*
Brunsw. Dook & C. Im pvt.
SX
M«
• X •20X •20X aix • X •20k 21 20X BOX( J’olorado
26% Jan 11 15% J’ne
Fuel A I r o n ..,.
75 Aug 19 70 Nov
Do
prel
•5
*5
*5
5X
5k
♦
5
sx
3%J*ne
7 k J a n 13
•5
5*
*5
Col. A Hock. Coal A I r o n ..
5k
5k
108%
169%
109
109
169
171
172
1B«X
1,810 :
*171
174
Consolidated Gas (N. Y.).,
2 0 5 k J ’ne 9 1 3 0 k Jan.
17
Ik
174
M M 93
47 •«7X
45 40
47 •S7X
40
46
M5X 93
52 Sep 2 28 Nov
1,055
48
47
47*
Consolidated Ice.
*45
192
92% Aug 81 80 J ’ne
1
Do
pref.
*87k
91 *46
*S7X 91 Consolidation
•46
♦40
*40 v»M *46
145 Feb 14 35 Feb
*46 .....
Coal
07 Sep 10 20 Jan .
D etroit Gas
§119%119%
§ l"
425
135 J a n 20 101%Jan.
Elect. 111. (N. Y.).
§123" 12311 Edison
dtBon Elect. HI. (B’kl’n)
1 2 2 k J ’ly 18 97 Feb
2,20 i
80M SOX 79 UX 70X 7«X m
84%Sep 22
E lec tric .,
79k 79k 79 % General
50kSep 22 28%May 41%Sep
Do
old.
•32
33
88
33
88
34
88
15%Apr 22 39%Oct 14
Hawaiian Com. & S u g a r...
87M
39X
35k
36
98
98
*8»X
I §87% J’ne 20 94 Aug 26 8i k J’ly lO lk O c t
I88X
S»X
•88X
H . B.Claliin C o ...... ,
•S»M
98
*89k
98
•89X
•70%
74 B4H H4H 5SX 58X 54 54
75%Sfp 0 2 9 k A p r 50 Aug
Steel..............
55 «'s#x
60 Aug 2*
te rn a tio n a l P aper
54 87
54 inI llinois
•87
87
sax
S6M
80
98 Aug 22
sex
.
’X
§87
Do
p ref.
8 0 k *80
•48
48 94
48 §90
48X •90
46
46
aclede Gas (St. L ouis).
54%Aug 9 22 May 4 9% Aug
47X 94
46% 47J47
♦•4592 49
*92
94
L
96%Aug 8 70%Mar 96 Aug
90
♦
90
92
*90
93
___Do
pref.
52
52
•45
*45
52
52
•45
§ 58 J ’n e 10 40 J ’ly 52 Deo
52
TVTaryland Coal, p re f..
*45
*45
52
*96 97 124 124 124X 125 123 123 123 123
lT-llnnes
99%Aug 31 88 A pr 60 Aug
Innesota Iron
125 Oct 14
Tr. Co. certfs, stmpd,
1 2 4 k 125
*32
32 *94
8964 S02X
82% wax
86 Aug 15
•SIX 96
sax •94
♦3254 3?« 32% 3 2 k ■VTational Biscuit.............
•SIX 32
•82«
96
9 9% Aug 9
§96% 90% 1 * Do
96
pref.
•32
32
33
39%Aug 23 21 %Feb 44 Sep
.
81%|
sax
82X
SIX
81k
3 2 k *32k 32% N ational Lead.....................
*109%
111k
109%nom §110ax 2X
118 k Aug 10 SSkF’eb 10 9% Sep
ox §108k;' i08k!$iro
J 10 i l l 0k 11 0 k
Do
pref.
3
3
21%May 23 10 May 2SkA ug
2k
*2%
3
3 k National Linseed Oil.........
•5 757X *65 75 ‘ *05*5 757X *60
*5 757k 0?k
3 May 18 Aug
S tarch ..................
9 Feb 10
*5 i s •00♦5 757 k National
*65
80 J a n 18 51kM ar 90 Sep
Do
1st prof.
20
25
•20
25
•20
25
•20
8%Apr 45 Aug
25
|
*20
30 J a n 27
Do
2d prof.
20
25
*33 40 *33#x 101
42 *83
40 •33
43 Sep 13
40
i 100
*35 40 •85 10340 NewCent.Coal
(new stock)
102%104
99
99
99
120 Sen 19 22 Deo 31% Aug
N. Y. A ir B rake.......
90
0%Aug
•0 #x
•0 10m UK
6 SX
6 MX
8% A pr
6
orth A merican Co.
7%Aug 23
6% *6•4% « k NOntario
•3 S2X
Silver.........
4 J ’ne 11 3kN ov 10% J
*4k
146* 32H
4*4
32
32
sax
32
33
35%Aug 22 24 Jan. 39%8ep
3a-X
32% 82% p a c ific Mall...........
3«X
32k
340
•330
•830
§350 Feb 25 380 Dec 340 Mar
*380 .........1A ennsylvania Coal
. *330
103%340
104%
103
103 103%! 190k
108 Aug 81 91 Nov- 97%Deo
102kIi 108k
108% 104% People'sGas-L. ACUChia.)
104X
103k^ 104%
•189
191
188«
190
1189%191
210 J ’ly 5 152 Jan . 185 Sep
193
195 190 Pullm an's Palace Car
look
4%Aug
2
2
2
2%J a n
*1%
■ a
mx
•IX
•IX
MX
l k J ’ne
■1M 2 Q uicksilver Mining
8 *00•5X 617 *59%
8 Apr 13 Aug
7 A ug 22
*5% eok|
7 »59k
*5% 00k7 *59%
Do
pref
-BH
•m
7
*00•»« 018OH •00SOX
015X
60% Sep 8 51% Aug 65% Jaa
liver Bullion CertlfloVs
00*.
Standard Hope & Twine
2% Dec ll% J a n
10% A ug 20
*5X 20X aex
•#«} 26%!
7 26*4
6k 270 k 21*8
127 27 MX 27 2#X
34% Aug 22 17 May Su%S«ir
0 k 27 rP e u n . Coal Iron A RR ..
180 Aug 18 05 Apr 80 J ’ly
A Do
prof
9 Aug
•7 448 •40*7 448 *40
•7 448 542
6 Apr
9 k Aug 19
Land Trust.
•7 428 *40*7 44 •40 44 TexasuitedPacific
*40
75
S tates Express .
{45 Feb 9 37 Feb 48 J ’ly
6%Mav 10%Aug
4,010
8%May 84
6
m
»0
H
6
6 U nlted States L eather .
6X
«X
6
6 j
6k
0%
64x 33
#•14, a«x
65 03
7 4kA ug 22 50 Apr 72 Sop
Do
prof 14.735
4 k j 03M 0 4 k
04
na’
#sx 638)4;
03X sox
48% Aug 17 10 J ’ne 25% Jan
21,200
88X
States R ubber—
37
3«X ioax
38
sexx BOX
38k 04’
39k% U nited
89k
103%103%
6.77»
99
109%Aug 17 50 J ’ly ?ii%J»n
Do
pref
101%102%
; 101% 101k 102% x 101 103
1120
•120
125
*120
§125 Aug 31 97 Jan. 20 Deo
50
125
1120
\ \ T ells, Fargo A Co . . . .
121%
120 §120% 120k •118 125
4,222
eatern Union Teleg'h
95% Aug 17 75%May 90%8ep
9IH 01H 90« 91 80X 90%' 91 91 91 9 1 k 91% 91% W»»estlnghouse
Elec. AM. fg
§ 68% Sep 23
S a tu r d a y ,
Oct. 8.

M onday,
OcL

Tuest ta y ,
Oct. 1 1

Wed tit
Oct.

h Y id a y ,
Oct

20

*00

•00

•8
2

02

•100

0

200

8

8

20

20

10

*0

0

020

20

*6

10

5
•0

•0
6

22

•02

20 ]

*0

*10

02

10

*21

8-1

10
*21

11

12

*21

22

100

12

100

1

22
8

8

12

100

11
♦21

100

*20

2

8
21

6

61
2

20

2

2

20

200

*1

1

*110

•1

•1

*110

•110

200

20
2

*1

2%

110

6

1

1

110

20

22

8

8

. 88%

8

22

100

20

100

6
•88

120

120

121

121

12

♦121

7

8

79

11

100

0

101

ah

190

2

8

*The*e are bid and asked p ric e s; no sales on th is day.

OUTSIDE SECURITIES (Giyek
H t r e e t K a llw a y w ,
B ’klyn G nsC o.lst 5s. 1941
Consol 5s........ — . . . . . .
Bklyn R ap.Tran.—See 8to
CaLCem Gr.AB’k y n ls t «s
C onty Island A Brooklyn.
1st 5s 1904...............TAJ
5» certfs lndbtl910..IA.I
B’k C.A New 5a ’39.JA J
Gr.St.ANew Is t^ a ’OOAAO
G’p’t A L orlm er St. latOs.
Kings Co. ElevaL—Stock
Incom es..........................
Bonds—See Stock Exon.

Bid.
5109%
102
ck Ex.
108
108
101
{114
104
108
5
10
List.

§ L ess th a n 100 shares,

t Ux dlv, of LOO p. o. In bonds.

| Low est is ex dividend.

tU nstam ped.

at foot of oon' secutiyb pages).—.STH E ET R A I L W A Y S , &v
Street Hallways. Bid. Ask. | Street Hnllwavw Bid. Ask. S t r e e t H a l l w a y * . Bid. Ask.

Ask. |
I0BX' Nassau Elec p r o f .. .. ..
108 1 5s 1944....................A AO
L ist I 4 s................................
N ewW rab’RAFIlBtex.4k*
240
NYA Qus Co 5 b 1946. AAO
Stelnwav l st0s1922.J &J
O T H E R CITIES.
ii7
Balt, Consol—Stock—See
108
Bridgep T r - ls t 5s '23.JA J
Buffalo S treet Ry—Stock,
1st consol 5a 1931.FAA
BH;
12 I Crosstown 5s 1932M&N
Chicago City RR—Stock..

70
107
90
101

103

5115

117

B alt L
5100
79
§113
1110%
290

iBt
105 !
so 1
115 1
1 1OX
292% ‘

CltUons' 81 i(Ind'uap;-8er
Cleveland City R y........
Clevel Cab-1 s t 5s ’09. J AJ
Cleveland E lectric R y. . . .
Con 5s 1913...........MAS
Columbus (Ohio)—Stock.
Con 5s 1932............. JAJ
CroBSt’w n-lstS s’SS.TAD
Consol T ract’n (N J )—See
Lake S t (Chlc)Elev-8tock
1st 5s 1928.............. JA J
Loulav St Ry—5 p cbonds
Common..
■•..

Phlla
70
} 103
79%
5104
53
100
100
Phi la
13
74

list..
74
KMX
81
106
54
102
J 02
list.

35

39

is x

78

101
{104 100
m
SX
01
00
{ 96 10 2
Ik
sx
9X 11
75
220
{104
105
10X 12
78% 5C'
{ Buyer pays accrued in tore

Loulsv St Ry—Preferred.
L yn n A B o s-lat5 s’24.JAD
Metrop W est Side (C hic).
I s t5 s 1 9 4 2 . .. .. .. . F&A
Minneap 8 t Ry-5a ’19.JAJ
New O rleans T r—C om ...,
P re fe rre d ..........
Notes 0s 1904 ....M A N
North Chicago—S to c k ....
1st 5s 1900-10..........T&J
No Shore T r (Boot)-Com.

THE C H R O N IC L E .—BOND PRICES (5 pages) i'AGB 1.

O c t . 15, 1898.]

BONDS.

Sf

■ r.T .S T O C K E X C H A N G E
We e k E n d in g O c t . 14.

P ric e
F r id a y ,
Oct. 14.

W eek's
R a n g e or
L a s t S a le.

Range
fr o m
J a n . 1.

P ric e
F r id a y ,
Oct. 14

BONDS.
N .Y . ST O C K E X C H A N G E • S t
W e e k E n d in g O c t . 14

Week's
R a n g e or
L a s t Sale.

777
5 o

B id . A sk. L o w . H ig h . N o.
B id . A s k . Low. H ig h . N o . L ow . H ig h
Ches A Ohio—(Con.)—
A kron A C hlcJnc. See BAO.
80% Sale
85%
80%
Gen gold 4%s................ 1992 M -8
^A labam a Cent. See Sou Ry.
R egistered...................1992 M -8
93% Aug’98
91
93%
Alabam a Mid 1st gu g .. .1928
104* * 1*04**
R A A Dlv 1st con g 4s.l989 J - J 103% .
Albany & Susq. See D A H.
95
2d con g 4 s.................1989 J - J
95 O ct.’98
Allegheny Val. See Penn Co.
Craig Valley 1st g 5s. .1940
95% May’98
J
Asa Dock A 1. See Cen o f N J.
W arm Spr Val ls tg 5 s .l9 4 1 M -S
87
88
88
90
81
89
A nn A rbor 1st g 4 s........ 1995 - J t
87 i 85
100% 101
Eliz Lex A B S gu g 5s. 1902 M -8 100 % .
93%
94
98% Sale
90%
A tch T A 3 Fe gen g 4a . 1995 -O
89% M ar’98
111 Sep.’98
89* 89% Chic A Alton sink fd 0 s . 1903 M-N
R egistered.................. 1995 A -O
108 J ’ne’98
Lou. A Mo Rlv 1st 7 s.. 1900 F - A ‘ 100 .
70%
71%
53* 73%
A djustm ent g 4 s.........1995 Novt 71% Sale
2d 7 s.............................1900 M -N 108 .
107 J ’i y ’98
R egistered.................1995 Novt
Miss Riv B 1st s f g 0 s..1912 A -O 100 % .
Equip tr ser A g 5s. ...1 9 0 2 J - J
Chic Burl A Nor. See C B A Q.
Chic k 8 t Louis 1st 0S.1915 >1-8
110%
Sale
115% 110% 10
Chic Burl A
Con 7s.. 1903
J
Atl A t Bklyn imp g 5s. .1934 J - J
Sinking fund 5 s ........ 1901
O 102 ..... 105 Sep.’98
98% Sep.’98
95
99%
A tlan k D anr 1st g 5 s.. 1950 J - J
*110%
111%
110% 111
M
-N
D
ebenture
5
s.................1913
A tlan ta k Char. See Sou Ry.
Convertible 5 s...............1903 M -S 114 ......... 115 Oct.’98
A ustin A N W. See So. Pac.
Iowa Div sink fd 5 s... 1919 A -O 108 ......... 111 Aug’98
D a tC re e k AS. See Mich Cen
, 115 112% Sep.’98
4 s ..................................1919 A -O 101 ..... 102 Aug’98
100 118?
O a lt A O 1st «s Pkbg B r.’19 A - O
, 115 114% 114%
102
102
111% 115? w Denv Div 4 s.................. 1922 F - A in ?
T ru st Co. ctfs. o f d e p .......
100
100
4 s . ................................... 1921 M -S "99%
115 Oct.’
80 118%
Sold 5s ...............1885-1925 F -A
Chic A Iowa Dlv 5 s .... 1905 F - A *105 107
Coupons off...............
N ebraska E xten 4 s. . . . 1927 M -N 103 103% 102% 103%
111% Aug’98
95 113%
R egistered.......1885-1925 F - A
97 May’9*
*114% 110% 115 Sep.’9S
R egistered.................. 1927 M -N
90 115%
Speyer A Co. certf of dep
H an. A St. Jos con 0S..1911 M -S 120 . ..
120 Sep.’98
T ru st Co ctfs o f deposit..
Chic Bur A Nor 1st 5s. 1920 A -O 107% 108% 108% 10-%
118% Sep.’<3*8
*97 * 118%
Censol gold 5b...............1988
110 A ug’98
103 110 % ChicAE 111—1st sf cur 0s. 190 J - D 110% 118 110% Sep.’9b
R egistered.................. 1988
D
118
118
Sm all...............................1907
97 118
J P M A Co ctfs of dep.
1st con g 0 s.................... 1934 A -O 120
132 A ug’98
T ru st Co c ertfs deposit
General con 1st 5 s ....1937 M -N 108 Sale 108
108
99 Sep.’98
B altB ’lt ls tg 5s m tg u . 1990 M-N
84 101
100% J ’n e’98
iob
R eg iste re d .................1937 M -N
W Va A P l s t g 5s.......1990 A - O
105 Sep.’98
C h lcA lndC R y 1st 5s. 1930 J - J i o * « •
Monon R lr 1st gu g 5s. 1919 F -A
Cen Ohio R I s tc g4% sl9S0 M- 8 107 107% 105% 107% 38 99 107% Chicago A Erie. See Erie.
75 Oct.’9 8
70
Chic Ind A Louisville—
ColAClnM Is te x t4 % il9 3 9 J - J
75
75
Louisv N A A Ch ls t0 s ..’lO J - J 115
105 A ug’98
114 Oct.’98
105 105
Ak A C J ls tln tg u g S s . 1930 M-N
91* .
105 Aug’98
91 Sep.’OS
Chic Ind A L re f g 5 s.. 194‘ J - J
100
05
Coupons off.........................;......... 105
107% J ’l y ’98
104* 105% Sep.’98
Refunding g 0s............ 194' J - J
105% 107%
P itts A Con l s t g 4 s ... 1940 J - J
105 O ct.’98
Chic Milwaukee A S t P a u l 98% 105
BA O 8 W 1 s tgug4% s. 1990 J - J 104&
85
82 Sep.’9S
8u
l i t 7s 9 gold R D.........1902 J - J 159* ,
70
82
153 Oct.’98
BA O 8W Ry cong 4%s 1993 J - J
27% J ’n e’98
1st 7s £ gold R D ....1 9 0 2 J - J 1 5 9 * .
1st in c g 5s ser A . . . . 2043 Novt
27
27%
9 Sep.’98
1st Iowa A D 7s............1899 J - J 159* .
152% Sep.’98
Series B .......................2043 Debt
8*
8
9%
«x
141 A pr.’98
Is tC A M 7 s...................1903 J - J 159* .
B A O S W T erC ogu g 5s.’42 M-N
Chic Mil A St P oon 78.1905 J - J 1 5 9 * .
152% Oct.’98
104% 105%
Ohio A Miss 1st con 4s. 1947 j - j .................... 105 A ug’98
122% J ’l y ’98
l i t I A D E xten 7 s. . . . 1908 J - J 159* .
153% 155
120% 122%
2d oonsol 7s................ 1911 A -O
i 103% 103% Oct.’98
l i t Southw est Dlv 0s. 1909 J - J TIB
117 Aug’98
l i t Spr’gtleld Dlv 7s. 1905 M-N
102% 108
1st La Crosse A D 5 s .. 1919 J - J 'U S * .
110 M a r’98
1st general 5s.. .....1 9 3 2 J - D
1st So Minn Dlv 0 s .. ..1910 J - J 190 (
119
180
Beech Creek. See N Y C A H.
1st H ast A D Dlv 7s.. . 1910 J - J 129
129% 129%
Bel A Car. See Illinois Cent.
5 s ..................................1910 J - J
Boonev Bridge. See M E A T .
109 O ct.’W7
Chic A Pac Dlv 0 s....... 1910 J - J •120
118% J ’i y ’98
Bway A 7th A t . See M etS Ry.
89% Sale
89%
89%
Bklyn El T r Co of Istg 5 sl9 2 4
Chic A P W ls t g 5s.... 1921 J - J
117% 117%
79
94%
80 J ’ne'98
115
115
80
Chic A Mo Rlv Div 5s. 1920 J - J * ii4 % :
T r Co ctfs 2d g 5 s....... 1915
86
08 May’98
Mineral P oint Div 5s.. 1910 J - J
3d tnstal pd........................
107 M ar’98
08
08
70% D eo’97
Chic A L Su Div g 5 s.. 1921 J - J
112 Apr.’98
S A BBT Co of s ls tg u g5s’42
1
13%
.......
Wls A Minn Dlv g 5 s.. 1921 J - J
115% 115%
3d instal p d .............. .
91% Sale
Term inal gold 0s.........1914 J - J 113% 115 114% Oct.’98
90
80
Dn El Tr Co cfs ls tg u g0s*37
91%
94
91 100 %
Bklyn Rap T r g 5s.......... 1945 A- O 103% 104% 103% 103%
Far A Sou assu g 0 s ... 1924 J - J
127% J a n .’98
Bklyn City 1st con 5a 1910-41 J - J 115 Sale 114
Coat sink fund o s....... 1910 J - J
115
100% May’97
112
115
. . . 112 Sep.’98
Bklyn A M ontauk. See L Isl. '
Dak A Gt So g 5 s . . . . . . 1910 J - J i n %
B runs A W est l s t g 4 s ..1938 J - J
Gen gold 4s series A .. 1989 J - J 5 105% 8ale 105% 105%
Registered..................1989
105% Feb.’9»
Buff N Y A Erie. See Erie. |
1 2 1 Sale 181
Buff R A P gen g 5 s....... 1937 M -8 100 108 100% 100%
104% 108
121
Mil A No 1st M L 0 s.. 1910
D ebenture 0 s ............. 1947 J - J
IstconsolO s................1913 " - D 121% 124% 123
123
Roch A P itts l s t g 6 s..1921 F -A 126
127 M ar’98
Chicago A N o rth w e ste rn 127 127
124
Consol 1st 0 s............ 1922 J - D
122
123 A ug’98
1 4 2 % ......... 142% Sep.’98
Con 7 s.............................1915
121%
Cl A Mab 1st gu g 5 s.. 1943 J - J 121
108 A pr’97
Gold 7 s........................... 1902 ? : E 115 115% 115
115
Buff A Southw est. See Erie.
R egistered.................. 1902 J - D U * H ......... 114% Sep.’98
Buff A Susq 1st gold 5s.. 19 IS A -O
Sinking fund 0s.. 1879-1929 A -O 117 Sale 110
117
R egistered.................... 1913 A -O
115 J ’l y ’98
R egistered.......1879-1929 A -O
107% .
5 104%109
Bur C R A N 1st 5 s.........1900 J - D
107% 107%
Sinking fund 0s. 1879-1929 A- O 109 111 % 108% 108%
111 107% J ’ly ’98
Con 1st A col t r g 5 s ... 1934 A - O 106 .
107 Oot.’98 •••• 100 109%
R egistered....... 1879-1929 A -O
R egistered................. 1934 A -O
Sinking fund deb 5 s ... 1933 M-N 12*6% .
120 Oct.’98
M A St L 1st gu g 7 a.. 1927 J - D
R egistered...................1933 M-N 120
117 Mar ’wh
C R I F A N W l s t g 0 s ..'20 A -O •105 ......... 108 D ec’97
25-year d ebenture 5 s .. 1909 w- N 110% 111% 110% Oct.*98
1st gold 5 s.....................1921 A -O *104% ......... 105 J a n .’98
R e g iste re d .................1909 M-N
i 05 *105
109% M ar’9*
South 1st 5 s... 1908 J - J 109% Sale 109% 110 *12 107% 111%
80-year d ebenture 5s.. 1921 A -O 1*1*7% 11*9% 118 Sep.’98
C''lanada
2d 5s........................... 1913 .H-S 1 0 8 % ......... 108% Oct/OS
105 111
R egistered.................. 1921 A -O
117% Fen.’wa
Registered...................... 1913 M -8
Extension 4 s .. .. 1880-1920 F- A 100
105% 106
Carb A Shawn. See Ills Cent.
Registered.......1880-1920 F- A
108 J ’n e’98
C arthage A Ad. See N YC A 11.
Gen gold 8%s.................1987 M-N
103
103
O R la F AN. See B C R A N.
R egistered...................1987
Central Ohio. See Balt A O.—
Esoan A L Sup 1st 0s.. 1901
107% May’98
J
Oon RR A Bkg Co of Ga.—
A
Dei Mo A Minn 1st 7s. 1907
93 ......... 92% J ’n e’98
Collateral gold 5s.........1937 M-N
87
Iowa Midland 1st 8 s ... 1900
O
Cent of Ga Ry—ls tg 5s.. 1945 F
114% J ’ne’98
114 119%
W inona A St Pet 2d 7s. 1907 M-N
:::::: ::::::
R e g iste re d ................ 1945 F
Mil A Mad 1st 0 s .........1905 M -S
117 J a u .’98
Consol gold 5 s...............1945 14- N | 89
89* 8 8 *
8 9 * 54 8454 9 2 *
O ttC F A St P 1st 5s.. 1909 M -8
109 M ar’98
Registered ................. 1945 M-N;
North Illinois 1st 5s... 1910 M -8
105 A pr.’98
35 3 5 * 4 4 *
1st pref Income g 5s. ..1945
......... 36
Mil L S A W l s t g 3 s.. 1921 M-N 130% 139 130 Oct.’93
36%
96
2d pref Income g 5s— 1945
i 10
10% 10% Oct.’US
15*
105% F e b ’97
10
Convertible deb 5 s.. 1907 F -A
Sd pref income g 5 s .... 1945
4% Sep.’OS
• ■»
5*
E xt A Imp s f g 5s... 1929 F -A
118 Oct.’98
8*
4*
91 Sale
i 91
M AN Dlv l s t g 5 s ....1945
91
91
92
134 M ar’98
Mich Dlv Istg o ld 03.1924 J - J 182% .
* 9 $ ......... 90 J ’l y ’98
Mobile DIt l s t g 5 s.... 1945
95% 99
A shland Dlv ls t g 0*1925 M -S 132* .
133 May’98
Mid Ga A Atl DIt 5 s .. 19471J - J
80% 8ep.’98 .... 88 * 88*
112 Apr.’98
Incom es...................... 1911 M-N
102 ......... 103% Sep.’OS . . . . 103 ’ 0 4* Chic Rock I A Pac 0 s .... 1917 J - J 131 132% 130% Sep.’98
C ent of N J —1st con 7s.1899jQls tc o n v e rtib le 7 s .....1 9 0 2 M-N * 1 1 3 * ......... 112% Sep.’98
W 2* 112*
Registered ..... .. .. .1 9 1 7 J - J ISO
180 A ug’98
C onvertible deb 0 s .... 1908 M-N
112% J ’ly ’98
110% 112%
General gold 4s.............1988 J - J 104% 8ale 104% 104%
General gold 5s.........,.1987
113% Sale 11SJ4 1 1 4 * *4*3 109% 115 ,
104 Sep.’98
R egistered..................1988 J - J
R egistered.................. 1987
111% Sale 111% 112
94
94 Sep.’98
Des M A F t D 1st 4 s.. 1905 J - J
« 108% 114%
Leh A WB C con as 7s. 1900
97 108*1
*......... 93
99 Oct.’98
70 Feb.’98
70
1st 2%s........................1905 J - J
5 s ..................................1912
*......... 95
90
93 :
91 J ’l y ’98
83 M ar’97
Extension 4 s............. 1905 J - J
•114 115 114
5 110 110 | Keok A Des M 1st 5 s.. 1923 A- O 100
Am Dock A Imp Co 5s. 1921
114
108% Aug’98
N J South ln t guar 0s. 1899
100 A p r’97
Sm all........................
A- O 105
C entral Pacltio—
Chic A St L. See A t T A 8 F.
Speyer A Co ctfs dp A. 1898
103 104 103 Feb.’OS
108 103
Chic St L A N O. See 111 Cent.
103 101 108 Feb.’98
Speyer A Co ctfs BCD. 1899
108 103
Chto St L A P itts. See Pa Co.
Speyer A Co ctfs dep E.1900
103 104
180 Oct.’98
Chic St P M A O oon 0s.. 1930 J - D 135
103 104
Speyer A Co c tf FOHL.1901
185% Oct.’98
Ch 8t P A Min 1st 0s .1918 M-N 135
Ban Joaquin B rg 0 s...l9 O O
1 0 2 * ......... 102% 102%
8 io i 105
Nor Wisconsin 1st 0 s ..1930 J - J
G uaranteed g 5 s.......... 1939
..................
St P A 8 City l s t g 08.1919 A -O 130% Sale
3 0 * 180*
8peyer A Co eng c ts .........I.
Chic T er T ransfer g 4s .. 1947 J - J
89*
90
89% Sale
98 ......... 102 M ar’98
100%102
100 J ’n e’97
Ch A W est I 1st s r g 0s. 1919 M -N
C A O Dlv e x t g 5s ...1 9 1 8 J
.................... 101 J a n .’9*
101 101
120% Aug’98
General gold 0s. ..........1932
W estern Paclflo g 0 s.. 1899 J - ! 1 0 8 * ......... 103% Oct.’OS . . . . 101 104
Chic A W est Mich Ry 5s. 1921 T No Of Cal 1st gu g 0s. .1907 J
....................
Coupons off.................... 1921
G uaranteed gold 5s. 1938 A- j 101% Sale 1 0 1 * 10154 32 100 10354 O ln H A D o o n i f 7s. ...1905 A -O
119 Oct.’97
Charles A 8av 1st g 7 s.. 1930 J
...................
108% Oct.’97
2d gold 4% s....................1937 J - J
Ohes A O—g. 0s ser. A ... 1908 A.......118
118 Oct.’OB
118 120%
Cla D A I 1st gu g 5s.. 1941 M-N 111% .
111% H l%
Gold 6s..........................1911 A-< *118% 120 1 1 9 * 118*
5 115* 121* I I St L A C. See C C C A St L.
♦110 ....... 115
116H 12 111 117
'Jlu S A C. See C C C A St I.
1 113 115
___ ___ 115
115
Cltv A 8 Ry B alt 1*t g 5s. 1922 J - D

.

Li5

?:*

1

S

* No price Friday; these are la test bid and asked th is week, t Bonds due July,

O U T S ID E S E C U R I T I E S (G iv e n S t r e e t K n ll» -n v « .
Bid.
l?rov A P aw fck -isto B aa J108
Richm R yA Eleo-lst 5s’20
Rochester Ry.....................
12
Con 5s 1930.......... AAO
99
t .........
0 i—See Philadelphia LI st.
80 Side El (Chlo)—Stock.
78%
Twin City R T r—
10
rin’d T rA E lec(Prov)-8t’k 70
West Chicago ...................
98
Onn 1980 ..............MAN 1 95

Ask.
110
75
20
101
74
20
72
93*

a t foot o f

7

BH. Ask.
13a n S e c u r l i l e * .
W est Mud —See uoaion Exch 1st.
14
10
W orcester (Maas)Tr-Com
98
90
P re fe rre d ....................

t Bonds due Nov.

ii Bonds d ue June,

c o n s e c u t iv e p a g e s ) .—

13a* S e c u r i t i e s .
N. A m sterdam Gas, Com.
P re f...................................
1st consol 5 s...................
N Y A E ast R iver G as—
NEW FORK.
1st 5s 1944............... JAJ
Central Union Gas—
Consol 5s 1945....... JA J
1st 5s 1927.............. JA J $101 102
Nor Un—
Y
Stk
Exch
Con Gas (NY)—8 to c h -N
1st 5s 1927.............. MAN
Deb 5s 1908........... MAN 100 110
Standard Ga*—C om m on..
B qult G as......................
Do preferred.......... ........
1st 0s 1899............. FA A 3101 102 %
1st 5s 1930 ......... MAN
110
Con. 5s 1982........... MAS t i l l
BROOKLYN.
300 825
M utual Gas....................
Brooklyn U.. Gas—N Y 8t

t Bonds due J a a .

Range
fr o m
J a n . 1.
L o w . H ig h
73% 99
99
90
95

105%
95
99%

97%
111
107
107

104
113%
111
107

113%118%
103% 107
104% 111
104% 121%
109% 111
98 104
97 103
99 100
95% 103%
97
97%
119 128
105 110%
114% 110%
122
101%
101
100%

132
108%
100%
100

112
80
90

115%
92
107

140

153

137%152%
140 144
188 158
139% 155
110 119%
110 116
114% 121
128 180%
118** i*2*i"
111 117%
110% 117
107 110
112 113%
111 116%
111 115
127% 127%
109
102
104%
120
117

114
107
105%
122%
128

188
118

145
110%

112%

118% 124%
114 115
100 112
107%107%
111 120%
117 119
107% 110%
109% 109%
112 118
117% 117%
104 107
103 108
99 103%
100

107%

117
109
105
182%

117
109
105
137

118%118
133 184
138 135
112 113
127% 132
128 131%
102% 105%
103% 105%
85
95
69% 70%
103

109

120% 138
128 180
120 132%
79% 90%
117% 1*2%

107% 111%

4 B o n is due May .

GAS SECURITIES, Ac.

<3h *
| Bid.
Brooklyn Uniou (Con.)
1st con 5s—N F Stock Exch.
102% W illiamsburg Gas—1st 0a 3101%
3102
O TH ER CITIES.
B altim ore Consolidate—Se e Balt.
111% 113
107% 108% Bay State Gas—N Y Stock Exoh.
In c o m e s ..........................
Boston UnltedG&s Bonds- •Bosto
95
90
Buffalo City Gas—Stock..
128 131
21H
1st 5s 1947............ AAO 3 93
•140 150
Burlington (la)G as—Stck
3110 113
C harleston (SC) G a s...35 t ..........
3And interest. fPrlce per sh
xoh.
Bid. Ask.
25% 27%
05
64

Ask
102%

List.
nL lit
23
60
18
416

THE C H R O N IC L E .—BOND BRICES (5 pages) Page %

778

BONDS.

11? I

H .Y .S T O C K E X C H A N G E S I
W e e k E n d in g o c t . 14.

Pl'VCC
F r id a y ,
Oct. 14.

B id .

W eek's
Range or
L a s t S a lt.

A sk. Low

j’S§ -gjl
o^j‘c

R ange
fr o m
Ja n *

\

BONDS.

1. 1NW.Y . STOECK E X COH A. N14G E
eek

n d in g

P ric e
F r id a y ,
Oct. 14.

[voL. lxto .

W eek's |>3^
R ange or g
L a s t S a le. (§

ct

B id . A sk . L o w . H ig h . N o.
k Pare M g lis .. ,.1920 A -O 110 ......... H 7 Aug* 9.8
F lint
1st consol gold 5s---- 1930 M-N
94
95
9 * A ug’08
P t H uron Dlv 1st g 5s. 1980 A -O ------ 95
93% Oct.*08
Fla Cen & Pen 1st g 5 s ..1918 J - J » 0 5 % .........
1s t land gr e x t gold 5a. 1930 J - J 100 .........
Conaol gold 5 b. . . . . . . . . 1943 J - J
9 5 % ....... .
F t S A V B Bge. See St LAS F.
F o rt S t D D Co 1at g 4%a 1941 J - J 108 . . . . . 105 Mar* 98
F t W & D C—1st g 4-08.1921 J - D
74% 75
9
75
75%
F t W k Rio Gr 1st g3-4s. 1928 J - J
61 8ale
6
61
61
Fulton Kiev. See Kings Co El.
( ^aJ B ar A S A . S « S P Co.
95% 98
V ia l HAH of *82 1st 5 b. 1018 A -O
94
96
Ga A Ala Ry 1st pf g 5a. 1945 A -O 104 . . . . . 103 A ug’97
Ga Car & No 1st gu g 5s. 1929 J - J ......... 94
92 J 'l y ’98
G eorgia Pacific. See So Ry.
Grand Rap k Ind. See Pa Co.
an & St J . See C B A Q
H ousatonlc.
See NTNHAH.
HousL IS A W T 1st g 5s. 1933 M-N
93% 95
90 Sep.*98
H ons A Tex Cen. See So P Co.
llinois Cent l s t g 4 s ... 1051 J - J 110% ....... 109% Aug*08
I R egistered..............1 9 5 1 J - J
109% J ’l y ’98
1st gold 8%s.................. 1951 J - J
105 Mftr'Of*
R eg iste re d ................. 1951 J - J
102% Apr.*98
1st. gold 8s s te rlin g .... 1051 M -S
R egistered........ .....1 9 5 1 M -S
Coll T rust gold 4s....... 1952 A -O
194 Sep,’98
R egistered.................. 1952 A -O
108 A pr.’O*
L N O A Tex gold 4 a .. 1953 M -N
■102% 102 O ct.'98
R egistered..........
1953 M -N
• 101% 101 M ar’9Coll t r 2-10 gold 4s . . . . 1904 J - J
100% Sep.’QS
R egistered,................ 1904 J - J
W estern Line l s t g 4s.l951 F -A *102 .
103% A ug’98
R e g iste re d ................1951 F -A
98% ;
Louisville Div g 3%s .1953 J - J
98% ‘ 98%
R egistered .................1953 J - J
St Louis Div g 3 s ., .. . 1051 J - J
78
80
7 9 “ ' 79%
R eg iste re d ............1 9 5 1 J - J
V s " ;;;;;
Gold 3%s................... 1951 J - J
08** ”9 3 “
R e g iste re d ............ 1951 J - J
Cairo Bridge gold 4s. .1950 J - D
R eg iste re d ....... .....1 9 5 0 J - D
Middle Dlv reg 5s....... 1921 F -A
Spring Div ls tg 3 % s .lP f il J - J
Registered ..........1 9 5 1 J - J
123% Sep.’OS
Chic St L A N O g 5a.. 1951 J - D '124
R egistered . . . . . . . . . . 1951 J - D
123 Sep.’98
Gold 8%s................... 1951 J - D
R eg iste re d ............ 1051 J - D
Mem Dlv 1st g 4 s ... .1951 J - D
108% J a n .’08
R e g i s t e r e d . 1051 J - D
S e lle r A Car 1st 6s . . . . 1923 J - D 116
S t L Sou I s tg u g 4 s ... 1931 M -S ' 90
9 0 ” N o r’
Garb A S l s t g 4s.........1932 M -S 1 89
Ind B1 A W. See C C C A St L.
Ind Dec A W l s t g 5 s ....1935 J - J 101
102
102
ln t A G t No 1st gold 6s. 1919 M -N 121% 124 122 % 122 %
87 Sale
2d gold 5a....................... 1909 M -S
86
87
54
58
8d gold 4s....................... 1921 M -S
58% A ug’98
Iowa Central 1st gold 5s. 1938 J - D .........105% 104% 105
Iowa Midland. Set Ch A N W.
Jefferson RR. See Erie.
a lA A G R . Sec LB A M 8.
K an
A Mich. See To! & O C.
K C A MRAB 1st gu g 5s. 1929 A -O
K C P & G 1st A col g 5s. 1923 A -O
75 Sale
263
72%
76
K an C A Pac. See M K A T.
Kansas Mid. See St L A 8 F
K entucky Cent. See L A N.
Keok A Des M. See C R 1 A P.
Kings Co El ser A 1st g 5s *25 J - J
54% Solo
53
540
A*
Ful El lB tgu g 5s ser A .*29 M -S ......... 45
40
Knoxville A Ohio. See 80 Ry.
ake Erie A W l s t g 5s. 1937 J - J 115 110% 117
117
L 2d gold 5 a ...........1 0 4 1 I - J 100 Sale 1 0 0 101
N orth Ohio 1st gu 5s. .1945 A -O 100 104% 100
100
L S A M S. See N Y Cent.
Leh Yal (Pa) coll g 5 b , i09 M-N
104 Aug’98
R e g iste re d ................... 1997 M-N
Leh Y N Y lfltgug4% s.. 1940 J - J *108% ......... 102 Sep.’98
R eg iste re d ............
1940 J - J
Leh V T er Ry Is tg u g 5 s l9 4 1 A -O V is ”
111 A ug’98
Registered . . . . . . . . . . . . 1941 A -O
% J ’l j ’97
L V Coal Co 1st gu g 5b. .103$ J - J
% M ar’98
R egistered......................1933 J - J
Leb A N Y lBt gu g 4 b. ..1945 M -S
91
91 A ug’98
R eg iste re d ................... 1945 M -S
El C AN l s t g 1st pf 6a. 1914 A -O
Gold guar 0 a .........1 0 1 4 A -O
101 8ep.'97
Leh A Wllkesb. See C ent NJ
Leroy A Caney Val. See Mo P
Lex A y A P F. See M et 8t Ry.
Lltch Car A W l s t g 0s. .1910 J - J
L ittle RAMem l s t g 5s 1987 1
T rout Co oertf s ............
5
29 Sep.* 98
Lonr Dock. See Erl a
Long Isl’d—ls to o n g 5».1931
Ji
119% J ’ne’98
1st con g 4 s ..............1 9 3 1
J{ 102
02% 90 Sep.’98
General gold i s . . ....... 1988 u -D
F erry 1st gold 4 % s ....l0 2 2 M - S
00% 90% O ct.’98
Gold 4*.................. .....1 9 8 2 J - D
90
00
D ebenture gold 5a,. . . . 1984 J - D
N Y A R B l s t g 5 s . . . . 1927 U - 8
100 M ay’97
2d Income.................. 1927
N Y B A M B con g 5a.. 193t
10*7% Deo *97
Bklyn A Mon l s t g 0s. 1911 M- fi
1st 5s..........................1911 M -8
Nor Sb b ls tc o n g gu 5 s..’82
O
N Y Bay Ex R 1st gu g 58*43
J
M ontauk Ex gu g 5s, ..1945 J - J
La A Mo Rlv. See Chi A Alt.
LB A S tL O on en g 68.1989.
Tr Co c e r ts ........... ...........
86
89% 89% Sop.’98
General gold 4 s............1948 M -8 . . . . . .
6
0% A ug’97
L^u A Nash—Cecel B r 7 sl907 M -8 102 % ........ 106 Nov’97
N O A M l s t g 0s.........1930 J - J 124% Sale 124% 124%
*d gold 0s................... 1930 J - J 106 ......... 108 Sop.’98
B H A Nash ls t g 0B...1919 J - D
..... 115 A ug’08
General gold 6».. . . . . . . 1980 J - D
. . . . 119* 110
110

H ig h , N o . L o w . H ig h

Clearfield A MAh. See BRAP.
Cl Ak A C eq A 2d * e*..103U!i>- A
68
78%
88% Sale
68%
68H
£31 & Can le i 5a tr rec.
J - J
82 J ’n e’ws
82
82
88
86
C C C k 8i L—Gen g 4 s..1093 J - D
88
91%
Cairo Div le i gold 4a. 1030 J - J
90>4......... 91*% Sep.’OS
90%
100
9w
Oct.
98
8 t L Dlv 1st col trg 4 a .l9 9 0 M-N
9t>% M K
90
98
9C M ar’98
R egistered............ ...1 M 0 M - S
SprA Col D ir ls tg 4 s .l9 4 0 M -b
80
88%
87 A ug’98
W W YaJ D ir le t g 4s. 1940 J - J |
89
95
95 Oct.*98
can W 4 M D ir I s t g i s . 1991 J - J j 95
98% 101%
Cin I 8 t L A C l s t g 4e.l9 3 6 'y -F 1 101%.
101% OcL’eS
R e g iste re d ............... 1980 Q-Ft
Coneol• 6' s .. . . .. .. .. .. 1 9 2'9
0 M -N
114 Oct,’97
Cln S & Cl con l s t g 68.1928 >1
107% Feb "97
Ind B1A W le t pf7»..lV 0O J - J
O Ind k W 1st pf 58. 1 9 3 8 ,0 -J*
70
80
74 Sale
74
76
Peo k Kast le t con 4s. 1940 A -O
14
22
20
Incom e4a................. .1990 A p r • 15
19 Sep.’98
102 105%
104 Aug’98
Cl C C A Ind l e t a f 7 e ...1 8 9 9 M -N •1 0 3 «
131% 137
135% J T y ’98
Conaol 7e..................... 1914 J - D *182
Coneol sinking fd 7g... 1914 jJ - D
General conaol gold 6s. 1934 J - J •124 . . . . . . 127% M ay’98
127%127%
R egistered ............. 1984 J - J
CAS I s tM C C C & l 78.1901 A -O
107% Oct.’97
100 106%
Cl Lor k W b con 1st 5s. 1938 A -O 105 1U«>4 106 OcL'OS
Cler k M arietta. See P a RR.
102 121 Sep.’98
121 121
C ler k M ahon Val g Chs..l9S8 J - J *
R egistered .................1988 Qu-J
d e v A P itts. See P en n Co.
J
Col Midl’d—1st g 2-8-48.1947
58 Sale
58
58
em
73
78
03
le t g 4 a .. . ......................1947 J - J *
07X
Col k 9 th A v. See M et 8t Ry.
Coltun & Greenv. See 80 Ry.
O olB Y A T o l-C o n g 5 s .l9 8 l M -S
75 Oct,'97
78% Sale
7SW 29 70% 82%
78
J P Id k Co eng ofs $85 pd.
•
54
61
60
01 Feb.’98
General gold 6s .............1904
General lien gold 4 s ... 1996
R egistered ............... .1996
Col k Cln Md. See B & O.
Col Conn k T erm . See N&W
Conn k Pas Rlvs 1st g 4s.*48 A - O
ak k G t So. See CM k StP.
D alias
& Waco. See M K AT.
Del Lack & W estern 7a.. 1907 M -S 122% .
122 128
122 A pr.’9 8
8 jt Bing k N Y 1st 7a. 1006 A -O 3 2u% .
126 J"’ly ’98
125% 126
Morris A Essex le t 7s. 1914 M -N ►141 .
187% 144
141% 141%
7 s ..................................1900 J - J 105% .
107 107
107 Sep.’98
7a....................... 1871-1001 A -O 10t% .
107 118%
108% O ct.’OS
la t con guar 7 s ......1 9 1 5 J - D *142 .
189 J ’n e’98
130 142%
R eg iste re d ..............1915 J - D 188 .
N Y Lack k W 1 s t 6s .. 1921 J - J 134% .
186% 188%
137 Sep.’98
Conatructlon 5 s .. ,. . 1923 F - A
118% N ov’97
W arren 2d 7 s.................1900 A -O
108 A ug’98
108 108
Del k H ud 1st P a D ir 7s. 1917 M- S *142 .
143 148
146 Sep.’98
Regisi % re d ..........,1 9 1 7 M -S 144 .
143 May’97
Alb k 8 *Bl8 tc o n g n ? e l9 0 6 A -O *120 .
120% 125%
125 A ng’98
R egistered..................1906 A -O *118 .
Gold 6s . , , . . .............1 9 0 6 A -O n i e % ,
116
110 118%
116
117 117
R egistered...............1906 A -O 114 .
117 Feb.*98
Rens A Sar 1 s t7 a ...... 1921 M-N 147 ,
147 Sep.*98
147 147
R e g iste re d .............1 9 2 1 M -N *147% .
141 145
141 M ay’98
Del R lv RR Bge. See P a RR.
Den Con T r Co l s t g 5 s ..1083 A -O
Den Tram Co con g 6s. 1910 J - J
Met Ry Co 1st gu g Os. 1911 J - J
Den k R G r is t gold 7 s .. 1900 M-N 1 1 0 % ....... 110% Sep.*98
108 111%
1st cong I s ............. ,,..1 9 8 6 J J
97% Sale
96%
97%
87% 9«%
1st con g 4% s................1936 J - J 106% Sale 106% 106%
106% 106%
Im provem ent gold 5s. 1028 J - D
9 4 % .......
95
96%
85% 96%
Dea M k F t D. See C R & 1 P.
Dea M & Minin See Ch & N W.
Dea M U n Ry 1st g 5b. . .1017 M -N ■102
97 102
102 Oct.’98
D etM A Tol. SeeL’8 AM 80.
D at k Mack IstU e n g 4 s.l995 J - D
Gold 4 s .......................... 1995 J - D * 60 .......
Do! k Iron R ange Is t5 s.l9 8 7 A -O 106% Sale 106% 106%
104 110%
R egistered......................1937 A -O
3d lien m ortgage 6s .. . 1916 J - J
D al Red W k 8 l s t g 5s. 1928 J - J
92% F eb .*98
02% 92%
Dul 80 Shore k A t g 5s. 1987 J - J
112 Oct.’98
101 112%
See 8tPM AM.
E aa ss ttTofYMa inn.
A G a , Ses.8oHy.
Ml* L ex k B 8. See C k O.
M m C ort & No. SesLebANY
M te 1st ext- g 4 b. . . . . . . . .1947 M-N 113% 114% 113 J ’l y ’98
112 116
1,3d e xt gold 5s... . . . . . . . 1919 M -S 118
119% Ang’98
116%119%
84 e x t gold 4%s........ ..1928 IVI-S
112% Sep.*98
108 118
4th ext. gold 5 a . 1020 A -O HP:::
117 J ’n e’98
118 118
5th e x t gold 4 s . , , . , . . . 1028 J - D *104
104% 105
104% J ’n e’98
14$
144
l i t consol gold 7 b. . , . ,1920 M -S •1 4 2 % ..,
138 147%
140 May* 98
1st consol gold fd 7 s .. 1020 M -S
140 143
Long Dock con gold 6s. 1985 A -O 136
189 Sep.’98
188% 139
BttffN Y k E rie 1st 7a. 1916 J - D
183 183
188 J ’n e’98
Bnff A 8 W gold 6s . . . . 1908 J - J 110
J- J
Small .....................
Jeff R E 1st gu gold 5s. 1909 A-O) 102 % .
100 Feb.’98
100 106
111 %
111%
Chic k Erie 1st g 5 s ... 1982 M -N 1H94 •
108 118%
Coal k R R 1st c gu 6s.l922 M-N 100 .
Dock k Im p 1st cut0 b. 19I$ J - J 110 .
N Y * Green L g u g 5s. 1946 M-N 107% .
107 107
107 Sep.’OS
S m a ll* * .............................
90
92
E rie 1st con g 4s pr bds.1996 J - J
8 4 % ’ 04%
93% *92%
R egistered..................1998 J - J
60
76
la t eon gen hen g 4 s .... 1996 J - J
70%
R egistered...............1 9 9 6 J - J
S Y B 4 W—1st re f 5a. 1987 J - J
99 1089j
, 108 107 Sep.*98
84% 92%
92% A ug’98
2d gold 4%s................ 1087 K -A
84
83
98
.84
.. 85
General g 5s..............1040 F -A
111
Term inal 1st g 6s .. . .1948 M-N 111
109%111%
111
Regia 35,000 each. 1948 M-N
9 8 % 1 0 Ifc
99% Sep.*98
W likAE&alatgu g 5al042 J - D ......... 98
114% 121
Mid RRofN J l s t g 6a 1010 A -O 117%121% 120 % A ug’98
■scan k L Sup. See C A N W.
65 N o r *97
E ureka Springs l a t g 6». 1983 F - A 1 60
112 121
O ct.’OS
fir A T H l a t con «s.......1921 J - J
82 100
05%
1st general gold 5 s ... .1942 A -O
95
95 Sale
90 .......
M t Vernon 1st 8»..........1928 A -O
77 . . . . .
Bn 11 C oB r’ch l s t g 5s.. 1980 A -O
77% 90
97
99
■fA Ind 1st con gu g 0S..1920 J - J
98%
Fargo A 80. See Ch M A 8t P.

’Vi

iai

Range
fr o m
J a n , 1.
Lena.
110
85
83

H ig h

117%
95
95%

105 105
05 79%
54% 64
88% 98
92

92

88

96

109%1X5
108% 109%
105 105
101

102%

100
103
97%
im
100 %

104
103
102%'
mi
100 %

101 105

92& *4%
78% “80”
9 2 % '9 4 %

115%123%

128

123

108%108%

97

104

110
78
41
07

128%
92
60
105

65

81%

40
35

59
49

115
95

117%
104%

100

102

104
09

i0 4
104%

107* 112%
92% *9S%
*01” *92**

29 29
117 120

» 90
IP
00

82

40

120%124%
106
118 108
117
116%120%

* No priceFnday; these are latest bid and asked this week, t Bonds duo August, t Bonds due April. j| BondB due January. $ Bonds due July.
O U T S I D E S E C U R I T I E S (G iven at foot of 7 consecutive pases ).— GAS SECURITIES, <Sc
Bid. Ask. |
Bid. Ask.
On*Nat
Ween
Hite*.
S e c n rltle s .
Oat* W«»cnrlMps, Bid. Ask
CrSMi H e cu rlH cw .
1ndlana
A 111
Gas— tk 52
56 ■' Memphis Gaa.................
«6
Con. Gas P itts. P r e f .. ..
C hanters Volley G as.......
71
75
j
108%
j
st
s
1908
......
Minn
Gas s 1010....MAS
104
Chicago Consumers 1st 5b
0 2 104
120
Gtis—Stock. 110
Conaum Gas (J C ity)--Stk
76
81 Indianapolis
Now Orleans
Ga« Light.. H107!
on.
Chicago Gas—See B Y 8to
110
104% 10SW Ohio A Indiana—Stock... 52
102 104
1st
s
1920..........MAN
Cicero Gas Co 1 s t0 s .. .. ..
50
190
k
List.
D
etroit
Gas—
NY
Stoc
1st
0s
1926
,
Jersey
City
Gas
Light
............
JAD
204%
Cincinnati Gas & C o k e...
71
75
Bxch.
N
Y
Stock
Consol 5a 1918—See N. Y. Ex. List* Laclede Gas—
Peoples
Gas
A
Coke—N
Y
85
Ulty Gas (N orfolk V a ),...
Stock Exck
92% 94 ! Lafayette (Ind) Gas—
8tk 718« 76SB Portlaud
Philadelphia
50 t 32% 38
I 98
1st 8s
1st 08 1924..........MAN
(Me)Co.........
Gub L...50
O Rum bus (O) Gas—Stock 85% 87% : D enver Consolidated G ^
t 85
90
52
56 | tJoseph (Mo)............
74 I Loganspt AWab Val—
Stk
F o rt W ayne (Ind)—gto ,k 70
1st 5s 1932............ J&J fioo%
85
75 1 5s 1937................. j &j
71
1st
08
1925..
......JAD
1 1st 0s 1925..............J « J
88
80
90
Oonsolidat Gas (B alt) See B alt L st.
08
90
,
88
Rapids—Stock. . . . .
Louieville Gas Light..... 00 64 tConsol
Paul Gas—Stock........
8C
18
45 50
19 t Grand
Consol Id Gas (N J ) —Stck
1st Ds 1915............ FA A $100 102 1Madison <Y/ts) Gas—Stok
1944 ...,M re rSl%
1 st 6s 1 9 8 6 ...........-J& J
82K
. ....... aArfy * ««!> 1*1 J a A*./»5s4*.+ai.fuat’
Con"^
Gps
,.... 15* 88% I1TTor*V/>rd tUtS n t.p l .OC -♦ 40 AC
8

1

6

6

6

1

88

8

102
1

8

1

100

&8

.

THE

O ct . 15, 1898.]

BONDS
X .Y .S T O C K E X C H A N G E
W e e k E n d in g O c t . 14.

s-g
c ©

C H R O IN IO L E .—BOND PRICES (5 pages)
W eek’s
R a n g e or
L a s t 8ale.

P rice
F r id a y ,

Oct. 14.

B id . A.8k,
Lou A Nash (Con.)
rensaco la dtv gold 6s. 1920 M -8 108
fit L div 1st g 6s...........1921 3 1-8 ‘120
2d gold 3s ..................1980 31-8
Nash A Dec 1st 7 s....... 1900 J - J
B inkfd (8AA) g 0 s ....1 9 1 0 A - O
8 & N A con gu g 5 s. . . . 1936 F- A
Gold 5 s...........................1937 31-N 103 .......
9 0 * Bale
Unified g 4 s................... 1940 J - J
R egistered..................1940 J - J
Pens A Atl lB tg a g 6 s. 1921 F- A '105** 10*7*
Coll tru s t g 5 s...............1931 M-N 102 * ......
LANA M &Mlstg 4 * s .l9 4 5 M-S$ ’• 0 7 * .......
N Fla A S ls tg u g 5s .1 9 3 7 F- A 97 .......
K entucky C ent g 4 s. .. 1 987 J - J ■ 90 .......
L C ln A Lex g 4 * a ....l0 S l M-N H l l * .......
L A Jeff Bge Co gu g 4s. 1945 31-8 * 85 .......
L N A A C . See C I A L.
Louis Ry Co Isto o n g 5s. 1930 J - J 1 1 1 * .
ahon Coal. Sm L S A M S.
M anhatt&n
Ry con 4s. 1990 A -O
Metropol El 1st g 0s... 1908 J - J 1 1 7 *
fd 0 s ............................1899 M-N 1 0 4 * .
Man 8 W Colonlxg 5 s ... 1934 J - D
M arket St C Ry 1st g 6 s .l9 18 J - J
MeK’pt A B V. See P McKAY
M etropolitan El. See Man Ry.
Met 8t Ry gen o tr g 5 s.. 1997 F -A 114 Sale
B w ayA 7thA vlstcg 58.1943 J - D 1 3 1 * ......
R eg iste re d ................ 194:s J - D
OjlAWthAv lstg u g S e.1 9 9 3 M -S 1 8 0 * 1 2 1 *
R eg iste re d ................ 1993 M -8
Lex A v A P F 1st gu g 5s.’93 M -8 1*20** 121
R eg iste re d ....................... M -8
Mex C ent con gold 4 s .. . 191 J - J
1st con Income g 3 s.. .1939 J ’ly?
id con lnoome g 3 s .. . . lwaw
O
Equip A ooll g 5 s..........911
7s * Sale
Mex In te rn e t Isto o n g <s.’77 M -S
Mex N at 1st gold 6 s.......1927 J - D
Sd lno 6s ACp stm pd. 1917 M-3S
Sd income gold 0s B. .1917 A n.t
Mex North 1st gold 0 s.. 1910 J - D 97 .. ..
R eg istered ....................1910 J - D
Mich Cent, See N Y Cent.
Mia u lN J . See N Y Sus A W
MU El Ry A L 80-yr g 5s. 1920
M L 8 A W . See Chic A N W
MU A Mad. S u Chic A N W
M11 A N orth. See Ch M A St P
MU a 8 t P. See Ch M A 8 t P
Min A 8t L gu. See B C R A N
Minn A St L—l s t g 7s ..1927 J - D 1 4 2 * 1 4 6
1st cons gold 5 s...........1934 M-N 1 0 8 * Sale
Iowa ex 1st gold 7 s ... 1909 J - D 123 .......
South W est ex l s t g 7 s .’10 J - D 123 .......
Pactflo ex 1st gold 0s . 1921 A - O .........125
M A P 1st 5s st 4s Int g u .. *36 J - J
M 8SMAA 1st g 4s lnt g u .’20 J - J
M StPASSM con g 4s ln t gu’38 J - J
Minn St Ry ls tc o n g 5s. 1919 J - J
Minn On. See B tP M A M.
Mo Kan A T ex—ls tg 4s. 1990 J - D
8 8 * Sale
Sd gold 4s......................1990 F -A |
6 2 * Sale
l« t e xten gold 5 s......... 1944 M N
M K A T or T l s tg u g 5 s .'42 M- 8
S3
K C A Pac ls t g 4 s ....1990 F- A
73
Dal A Wa 1st gu g 6s. 1940 M-N
Boonev B dgC o g u g 7 s ..’O0 31-N
Tebo A Neosho 1st 7s. 1903 J - D
Mo K A B 1st gu g 5 s ...1942 A -O
99
Mo Pao—1st con g Os. ..1920 M-N
Sd 7s............................... 1906 M-N 1 1 1 * 114 *
T ru st g 5 s......................1917 M-8+ ......... 82
R eg istered................ 1917 M-St
lsto o ll gold 5s............. 192o F- A
70
R eg istered ................ 1920
A
Pao R of Mo 1st ex g 4 s.’33 r - A
. 10 0
Sd extended gold 5s. 1938 j - j
, 109
Yerd V 1 A W 1st g 5s. ’20 M -8
. 75
Leroy A C V A. L 1st g 5s *2« J - J
, 75
8 tL A l Mt 1st e x tg 4 * s /4 7 F-AI 106
2d e x t g 5 s................. 1947 M-N 107* .
Ark Branch e x t g 5 s. 1935 J - D
Gen con ry A Id g rt g 5s ’31 A O
97 Sale
G en co n stam p g td g 5 s ’3i A -O
M lssRiv Bdge. SeeChio A Alt
M obABlrm prior lien g 5a.’45 J - J
Small................................... J - J
lnoome gold 4 s.............1945 J - J
Small...................................
Mob A Ohio new gold 6a.. '27
D
1st extension gold 08.1927
General gold 4s...........193« S l J8 7 7 * Sale
Montgom DIt 1st g 5s. 1947 F - A 100* 101
8t L A Cairo gn g 4s . .1931 J - J
85 . . . . .
M *hawk A Mai.'See N T C A U
Adomongabela R1t. See B A O
M oat Cent. See St P M A M.
M ontauk Ext. See Long Is.
M organ's La A T. See 8 P Co.
Morris A Essex. See Del LAW
A St L 1st 7 s .’13 J - J 1 3 1 * .
N ash2dC0hat
s....................... 1901 J - J
1st con gold 5 s............. 1928 A -O 1 0 2 * 8ale
1st 0s T A P b ...............1917 J - J 110 .......
1st 0s McM M W A Al. 1917 J - J 117 .......
1st gold Os Jasp er Bch.1928 J - J 112 ....
Nash Flor A 8hef. See L A N
New H A D . See N Y N H A H
N J Juno RR. See N Y Cent.
N J Southern. See C ent N J.
New A Cln Bdge. See Penn Co
N O A N K prior Men g 0s. 1915 A-OT 110
N Y B A Man Bch. See L I.
N Y Bay Exten RR. See L I.
N Y Cent A H R r-ls t7 s .l9 0 9 J - J 1 1 7 * H 8
R eg istered ................ 1908 J - J 1 1 7 * .......
D ebenture 5 s o f.1884-1904 M -8 U o * .......
Registered ... .1884-1904 M- 8 H O * ...

R ange
fr o m
J a n . 1.

S ’®
BONDS.
N . Y . STO CK E X C H A N G E h-2
W e e k E n d in g O c t . 14

P r ic e
F r id a y ,
Oct. 14.

B id . A s k
L o w . H ig h . N o. L o w .H ig h .
N Y Cent (C-»n.)
1 0 3 * Sep.’O?
Reg deb 5s of .. .1889-1904 M -S n o * .......
121 J ’ly ’9'“
Debenture g4 s. .1890-1905 J - D 1 0 6 * .......
R egistered.......1890-1905 J - D 106* ...
105*’ J ’iy ’9*8
Debt certs e x t g 4s. ...1905 M -N 1 0 6 * Sale
R egistered............. ...1 9 0 5 M -N 1 0 6 * .......
1 0 0 * Aug’98
G 3 * s ............................ 1997 J - J i n T * .......
94 101
1 0 3 * O ct.’98
Registered.................. 1997 J - J 1 0 7 * . . . .
100*104*
90
90*
9 4 * Sale
Lake Shore col g 8 * s 1998 F - A
83
91*
R eg iste re d ................ 1998 F - A . . . . . . 94
106" i o n *
Mich Cent coU g 3 * s .. 1998 F - A
9 3 * Sale
9 0 * 109
104 Sep.* 98
R eg iste re d .............1 9 9 8 F - A
101*108*
Harlem 1st 7 s...............1900 M -N 108
1 0 9 * J ’ly *98
108 109*
97 Sep.’98
R egistered..................1900 M-N 108
8 7 * 98
90*
90*
N J June R gu 1st 4s .1986 F - A 102
85
92
103 J a n .’98
R eg istered ................. 1986 F - A
108 103
W est Shore 1st 4s gu. 2301 J - J 100* 109*
R egistered................. 2801 J - J 109* Sale
109 M ar’98
Beech Crk 1st gu g 4s. 1936 J - J
103 109
R egistered................. 1936 J - J
9 2 * Oct.’98
2d gu gold 5s............ 1936 J - J
90
98*
1 1 7 * 117*
R egistered..................1930 J - J
114*119*
104 Oct.’08
Clearfield Bitum Coal Corp
101 105
1st s f ln t gu g 4s ser A .’40 J - J
Small bonds series B. .’40 J - J
Gouv A Oswe 1st gu g 5s.’42 J - D
R W AOgoon l s te x t5 s .’22 A-O* 124* .
113* 114
Nor A Mont 1st gu g 5 s.’16 A -O
280 108* 110*
R W A O T R ls tg u g 5s. 18 M -N
122 *
121 *
2 114* 122*
Oswe A R 2d gu g 5s . 1915 F-A5 11 4 * .......
120*
121
U tica A Blk Riv gu g 4 s. ’22 J - J *107 .........
110 123*
Moh A Mai 1st gu g 4s. 1991 M -S
C art A Ad 1st gu g 4s. 1981 J - D
1*20* i*2*i*
117 123*
N Y A P u tls tc o n g u g 4 s .’98 A -O
N Y A North ls t g 5 s ..1927 A -O 1.........125
•2 *
02*
’ 6 2 * ’ 0 6*
Lake Shore A Mich South—
Det Mon A Tol 1st 7g 1900 F- A '. ....... 128
Lake Shore d lrtd 7s. 1890 A -O 102 Sale
Consol 1st 7 s .. ,, .. 1900 J - J 107 .......
7 3 * 40 7 0 * 7 8 *
Registered .......... 1900
1 0 5 * .......
Consol 2d 7 s.......... 1908 n ‘ 1 1 7 * . . . .
R egistered.......... 1903 J - D 117* . .. .
13 j n y ’97
Gold 3 * s ............1997 J - D 100 100*
•7 Feb ’97
Registered ..........1997 J - D 1 0 0 * ...
OtnA 8 IstgLSA M 8 7 s’01 A -O
K A A G R 1st g o 58.1038 J - J
Mahon C l RR 1st 5s. 1934 J - J
Mieh Cent—1st con 7sl902 M-N 1 1 5 * . . . .
1st con 5b...................1902 M -N 100 107
6s................................. 1909 M- S
5s................................. 1931 M -S
R egistered............ 1931
-M 1 2 5 * ........
1 4 2 * 143
4s..................................1940 - J
1 4 2*143
R eg iste re d ............. 1940 J - J
in n * Hi8*
108
108*
Bat C A St 1st gu g 8 s .’89 J - D
125 O ct/98
125 125
N Y Ohio A St L 1st g 4s. 1987 A -O 104* Sale
R egistered.....................1937 A -O
1 2 1 * A ug’97
N Y A Greenw Lake. See Erie
N Y A Har. See N Y C A Hud.
N Y Lack A W . See D L A W
N Y L E A W . See Erie.
N Y A Man Bch. See Long Is.
83*
83*
8 2 * 9 2 * N Y A N E . See N Y N H A H
02*
63
57
67 * N Y N H A H art ls tr e g 4 s .’03 J - D
C onvert deb certs $1,000 .. A -O
83 A ug’98
8 3 * 88
Small certfs $ 1 0 0 ............
83
83
80
39
Ilousatonlo R oon g 5s. 1937 M -N 125*
71
70
71 O ct.’98
82 8ep.'98
N H A Derby o o n 5 s ... 1918 M -N
75
84*
N Y A N B 1st 7 s.........1905 J - J 120 * .
1st 6s...........................1905 J - J 1 1 4 * .
08*
08i«
9 3 * 1 0 2 * N Y A North. See N Y C A II.
104* 1 0 » *
93 107* N Y O A W con 1st g 5s. 1930 J - D 1 0 7 * 107*
Refunding l s t g 4 s .... 1992 M-S| 1 0 2 * Sale
103* 112*
12
112*
Regis $5,000 only. ..1092 M-8I 1........ 101
0 5 * 87*
80 O ct.’98
N Y A Put. See N Y C A H.
N Y A R B. See Long IsL
60
80
70 Oct.’98
N Y S A W. See Erie.
N Y Tex A M. See So Pac Co.
1 0 3 * Aug’98
100 100
North Illinois. See Chi ANW.
'0 8 * lu 9
10 1 0 5*109
N orth Ohio. See L Erie A W.
N orthern Paclflo—
Gen 1st R R A L G sfg « s .’21
110* 117
107 110*
107 Oct.’9 8
107* J ’l y ’OH
Registered..................1921
110 * .......
102* 107*
St P A N P gen g 0 s .. .1923
1 3 0 * .......
102 108
1 0 0 * Oct.’98
Registered o tfs.........1923
00*
07*
80 100*
P rior lien r A 1 g g 4s. .1097
1 0 0 * Sale
80 100
100 A ug’98
R egistered.................. 1997
General lien g 3s.........2047
* 0 0 * Sale
R eg iste re d .......... ...2047
Wash Cent I s t g 4s . . 1948
..........
88
94*
Nor. Pac Ter Co l s t g 08.1938
115
Nor Ry Cai. See C ent Pac.
123
123
1 1 8* 128
Nor Wis. See O St P M A O.
119 D eo’t7
Nor A South 1st g 5s. ...1941
....
102
77*
78*
70
81
1 0 o * 101
123 .......
9 7 * 102* Nor A W est gen g 0 b. ...1981
New River l s t g 6 s__ 1932
124 128
Im prvm t A e x t g 6 s ... 1984
O C A T ls tg u g 5 s ....1922
'106 . ..
Solo VAN E ls tg u g48.1939
......... 9 3 *
N A W Ry ls tc o n g 4s. 1996
S3 Sale
R eg iste re d ................ 1996
S m all.......................... 1990
128 131?. Nor A Mont. See N.Y.Cent.
181
131
K A L Ch 1st con 0s..1920
1 0 5 * Nov’07
1 0 2 * 103
In c o m e ...,,............ 1920
i ‘o o " 106*
•ncome sm all.......... ...........
O In d A W . See C C C A St L.
Ohio A Miss. See BAO 8 W.
Ohio River RR 1st g 5s.. 1930 J - D
General gold 5s.............1087 A -O
Ohio Southern l s t g 6 s..1921 J - D
General gold 4g............l»21 M -N
Eng T r Co o e rtfs...............
Om A St L 1st g 4s.........1901 J - J • 70
Ore A Cal. See 8o Pao Co.
Ore Ry A N a v l s ts f g 6s. 1009 J - J *113 .......
118* 119}. Ore RR A Nav cos g 4s.. 1940 J - D
9 0 * Sale
118*119
Ore Short Llae 1st g 0s. 1022 F - A 1 2 7 * .......
1 1 5 ^ Aug’i
106 l i t
U tah A Nor 1st 7 s .. .. . 1908 J - J
109** ' llO i
100 111%
1 lo* J ’ly %
Gold 5s....................... 1986 J - J

104* 8ale *

O U T S I D E S E C U R I T I E S (G i v e n
Bid. Ask.
15
10*
87
8H
8 7 * 80

Stock
Stock Kxch
log n o
50
103 105
179
Commer Union Tel (NY). n o 113
■moire a
T el..
74
70

779

3.
W eek’s
R a n g e or
L a s t Sale.

Range
fr o m
J a n . 1.

Low . H ig h .

L o w . H ig h *

109*
Sep.’WT,
105
Aug’98
104* Feb.’OH
106*'>
104** .Oct.’98
T’ne’W
107*
104*
J’ly94*
’H
94*
94
Oct.’98
93 93*

100

9

102
104*
100*
104
105*
104*
94
94
91*

105
104*
100*
105
107*
104*
96*
95
95

107 Sep/93
1 0 7 * Aug’98
103 May’97

107 1 0 9 *
107* 100*

109* 109*
109* 109*
108* Nov’0 i
100 J ’n e’98

102* 1 1 0 *
101* 110

95
124*

J ’ly ’98
124*

100** 106"
05

95

119* 125*

107

A ug’98

107

107

128

O ct.’98

123

126

121 A pr.’98
102
102
107* 107*
106* Sep.’w8
1 17 A ug’98
1 15* J ’ne'98
100
me
I0 « * A ug’98
108* Deo *97

121
104*
105*
105*
115*
115*
102
108

121
106*
110
109*
120*
119*
100*
105*

125 D eo’Q7
112 Sep.’08
105
105
122 Feb.’98
121* J ’ne’98
1 2 5 * J a n /0 8
100 Feb.’98
108 J a a .’98

110
102*
122
121
125*
100
108

115*
107
123
127
125*
100
108

104* 104*
104 A pr.’08

100
104

107*
104

104*
101
155
120*

145 101
145 158*

Oot.’O'?
Sep.’9S
8ep.’98
A ug’98

120* 1 2 0 *

119 ”
U 3*
toe
96

12*6*
114
109
102*

1 1 0 * 110*
110* 110*
131* 131*
130 Sep.’9«
1 0 0 * ' 00*
io n * 8ep.’98
00*
67*

112
112
124
124M
0OH
98
57

ll» K
110
1S1X
180
101«
101*
09

89
115

80
115

80
104

90
115

102
128
124
117*
101
93*
88

J ’ne’98
8ep.’98
Sep.’98
Aug’98
Feb 07
94
83*

102
120
118
117

106
1*6*
124
119*

102

J a n /9 8

108

120* Sep.’98
114 A ug’98
>07*

107*

102

102*

82
74*

94
87*

O

• No price Friday; th ese are la te st bid and asked th is week, t Bonds due Jan .

H ecurltl*»s.
Syracuse Gas—Stock.......
1st 5s 191 0...............J& J
W estern Gas (Mllw)
5s—See N Y Stock Excb
T e l e s . A T e le p h .
American Dist T ele—NY
American Tel A Cab—NY
Central A South Aruer. ..
Cbes A Poto Teleph—St k
Bond 5s...........................

P ag e

a t foot op

T f le g . & T e le p h ,
Erie Teleg A Telephone..
Fr&nklin...................
Goid A Stock...........
B onds...............
Hudson River Telephone
Internation Ocean.
Mexican Telegraph...........
Mexican Telephone.. ..10
New Eng Telep—See Bost
N orthw estern Telegraph
N Y A N J T elep h o n e...
5s 1920...................MAN
Pacific A A tlantic

Bid. Ask.
72
71
45
40

no

90
74
1 10
195
58c.
on list

no

t B jad s due July.

7 c o n s e c u t iv e

76
112
205
03c.

113
160 151*
109*
78
73

|| Bonds due June.

p a g e s ) .—

84
9
8*
80

Sep.'98
8ep.’98
Sep.’98
Sep.’98

114 Oct.’08
90*
99*
1 2 7 * 127*
121 J ’n e’08
102 May’97

80
8
8*
75
111

89
118
121

102
85y
15
14*
82
110

100*
128*
121

4 Boads due May. \ Boads due Nov ,

TEL. <& ELECTRIC, &c.

T e le g . <fc T e le p h .
Bid. Ask.
Southern A A tlantic.........
90
85
W est’n Union Teleg—N Y Stook Exch

E l e c tr ic C o m p a n ie s
E ast End Electric Light..
Electro-Pneum atic...... .
F ort W ayne Elec. C o ..25

Bid. Ask.

E l e c t r i c C o m p a n ie s .
Allegheny Co Light C o... 130 140
Brush Electric Co............
50
40
Br’dgprt (Ct) El Lt Co.25 t 32
85
20
Consol Electric Storage..
18
Eddy Electric Mfg Co..25 t ......... 15
Edison El 111 Co NY—N Y Stook Exoh
Edison El 111 Co Brk—N Y Stock Kxch
Edison Ore Milling Co....
14
11
Edison Storage Co............
80
23

General Klectrlo Co—N Y
Do pref.—See Boston L
H artford (Ct) Ele'’ T-t Co.
H a rtf’d(Ct) LtAl OW ’o25
Mo Edison Elect \t* .........
Do preferred.
Narragan. (Prov)H l Co.50
New H av (Ct) Elec L t Co
\ Prtoe per share.

Stook K ick
1st,
122 127
t
11
13
41
43
1x84
170 180, <

1
4o

18o.H

THE C H R O N IC L E .—BOND PRICES (5 pages) P ag e 4.

<c10
BONOS.

! 51

K .Y .8 T O O K E X C H A N G E S C
W E U K E s e L s e O e r.il

P ric e
F r id a y ,
Oct. I t.

B id
A sk.
Ore 8h L—* st eon g 5a.. .1840 J - J 100* Sale
Non-cum lu c A 5 s ....... 1840 Sap.;
7 1 * Sale
Non-cu tno B A col tr.. 1940 Oct-i 65 Solo
Oswego A Roma. See N Y C
O O F A St P. See C A N W
Coast Co—1 st g5*. 1946 J - D 1 0 5 * Sale
P ac
*co f M issouri. See Mo Pac
Panam a I s t s f g 4 % s ....l9 1 7 A -O
8 f subsidy g 6 s............101n M- N
P«Dn Co gu 1st g 4 * s ...l0 2 1 J - J •1 1 3 * ,
R egistered................1921 !J - J ♦ 1 1 8 * 1 1 4
G td 3 * s c o itru s tre g .l0 8 7 M- S
P C C A 8t L oon gu g 4 * s —
*1940 A - O 111* ......
Series A.............
Series B g u a r .. ,, .. ..1942 A - O t i l * . . . . .
.......
Series C g u a r............ 1942 M-N l i o
Series D 4s g u a r....... 1945 M-N 1 0 4 * .......
P itta Cln A S t L 1st 7a.1900 F - A 106 .......
R egistered ................ .1900 F - A
P itts F t W A C 1 s t 7s. 1912 J - J
2d 7 a............................ 1912 J - J
3d 7s............................ 1912 A-Oi
C St L A P 1st con g 5e.l932 A - O 115
R e g iste re d ..............,.1982 A -O
Ciov A P itta c o n s f 7 s .1900 M-N 108 ’
Gen gu g 4 * s s e r's A.1942 J - J
Series B................ .1042 A -O
E rie A P itt g u g $%s B. 1940 J - J
Senes C ...................... 1940 J - J
Q r B A Ie x ls tg u g 4 * s .l9 4 1 J - J
Allegb Yal g e n g u g 48.1942 M - S
N A C B dgeg en g u g 4 * s .’45 J - J
P e n n RK 1st real e sg 4s.1928 M-N
Con sterling g 6 s .. . . . .1905 J - J
Con currency 6a re g ...l9 0 5 Q-M1
Con g 5s................... ...1 9 1 9 M- S
R eg istered ................. 1919
Con g 4s...............
1948 fcS
Cl A M ar 1st gu g 4*8.1935 M -N
D N J RR A Can gen 4 s.l944 M -8 H 1 4 * .
O R ERA Bge ls tg u 4s g.’S6 F - A
Sun A L e w is ls tg 4 s ..1936 J - J
Pensacoia A At. See L A Nash
Peo Dec A E l s t g 6s tr rec.'20 J - J ........ 102
B ra n s D ir l s t g 6 s trr e c .’SO M -S
9 0 * 96
2d g 5 b t r rec 1st pd.,1920 M-N
Peo A E ast. See C C C A S t L
Peo A P ek U n ls tg 6b. .. 1921 Q - F 121
85
2d g 4 * s .............. Feb., 1921 M -N
P ine Creek re g g u a r6 s .. 1932 J - D
P itts Cin A 8 t L. See P en n Co.
P C C A S t L. See P en n Co.
P itta Clev A Tol 1st g 6 s.. 1922 A -O
P itts A ConnellsT. See B & O.
P itta F t W A Ch. See Penn Co.
P itts J u n e l s t g 0 s.........1922 J - J
P itts A L Erie—2d g 5s .. 1928 A-OI
P itts McK A Yo—ls tg u 6s.’ 82 J - J
2d guar 6 s................... .1934 J - J
McKee A B Y 1 st g 6s. 1918 J - J
P itts P A F 1st g 5 b....... 1916 J - J
P itts 8b A L E l s t g 5 s.. 1940 A -O
1st consol gold 5 b....... 1943 J - J
P itta A W est l s t g 4 s ... 1917 J - J
9 4 * Sale
P itta Y A Ash lu tc o n 5s 1927. M -N
eading Co gen g 4 s... 1997 J - J
R R eg iste re d ............. 1997 J - J 8 1* Sale
R ensselaer A Sar. See D A H.
Bleb A D an. See South Ry.
Rio Or W eat 1st g 4b — 1939 J - J
Rio Or J u n e 1st gu g 5s. 1939 J - D
Rio G rS o l s t g 3-4s'.-----1940 J - J
72
Boch A Pitt*. See B R A P.
Rome W at. A Og See NY Cent.
Lake C 1s tg ai 6 b. ’03-13 J - J
S alt
80
tJ o A G I l s t g 2-8-4*.. 1947 J - J
S tL A A T H . See Illinois Cent.
Bt L A CaL See Mob A Ohio,
fit L A Iron M ount. See M P.
8t L K C A N. See W abash.
8t L M Br. See T RR A of Btl.
S tL AS F 2d a Qs CIA ..1900 M-N
i d gold 6s Class B ....... 1906 M -N
2d gold 6s Class C .. ,. .1906 M -N
1st g 6a Pierce C A 0 ..1 9 1 9 F - A
General gold 6 s.......... .1931 J - J *119 . . . . .
General gold 5 s . . . . . ...1 9 3 1 J - J 1O f* Sale
1st tru s t gold 5 s....... ..1987 A -O ♦ 98 .......
F t 8 AY B Bdg l s tg 6s. 1910 A -O *108 .......
K ansas Mid 1st g 4 s .. .4937 J - D
S tL A 8 F R R g 4 s ....1 9 9 6 J - J
78 Sale
Bouthw Dlv 1 st g 5 s... 1947 A -O ........ 90
8t L 8o. Sec Illinois Cent.
S t L B W l s t g 4s b dcfs.1989 M-N
7 9 * .......
2d g 4s inc bond O tfs., 1989 J - J l
9 1 * Sale
Bt Paul City Cab. e g 5s. 1987 J - J
G uaranteed gold 5 s .. . 1937 J - J
Bt P au l A D uluth 1st 58.1931 F - A ►118 120
2d Oi...............................1917 A -O 1 0 4 * 105
Bt Paul M A M 2d 6s....lW 09 A -O
D akota e xt gold 6 b----1910 M -N 123 .......
1st consol gold 6 s . . . . . 1933 J - J 183 Sale
R e g iste re d .............3 988 J - J
Reduced to gold 4 * s 1938 J - J 1 0 9 * .
R eg istered ,. . . . . . . . 1988 J - J
Mont E x t 1st gold 4 s .. 19 87 J - D io i * :
R egistered.................. 1987 J - D
Minn Union 1st g 6*...3922 J - J
M ootC 1st gu g 6s. ...1 9 8 7 J - J 129
R e g iste re d .................1987 J - J ,
1st guar gold 5 s....... 1937 J - J
R eg istered .............. .1987 J - J
Minn 1s t d ir I f t g 5 s .l9 0 t A -O
R egistered ..................1908 A -O
Will A S F l s t g 6 s ,,,. 1988 J - D i Y a " u
R eg istered ..................1988 J - D
Bt P A N or Pac. See N or Pac
BtP A 8’x City. See tJ S tP MAO
8 A A A P. See So Pan. Co.
a F A N P 1st 0 f e 6s. ..1919 J - J

IFeek's (■a ts |
| Range or g o
L a s t S a le.

100* 107

108*
81*

II3 •-

P rice
F r id a y .
Oct. 14.

269

102 106*

108 114*

'105
99
♦ 109
111
95

111* 111*

107 109

115*115*

95
101*
95*
96
15 18*
85* 90

83

* tea--'

78
96*
96* 79
70
31* m 18

s " Aug’oa

78*
91
01
94*
54 71*
6$* 81

111
116
111*
116-m
113 116*
114
120*
98*
62* 106*
100

60 82*
97*
90
70
35
25 81
115
105 117
109
180
122*
118*
123
128 133
105* 109*
Vs*
96 io96i*
118* 138
107 112*
195* 110*
118 118

100* Oct/97

• Woprlce ('’r ld .r ; th e se are laLest bid a ad a.kod t h u wattle, t BoacU d ao Jiiue.

O U T S I D E S E C U R I T I E S (G i t b k

ax io o t o f

7

Bid. A s k

F e r r y C o m p a n ie s .
N J A N Y F e rry -S to c k .
1st 5s 1948...........JAJ 1100 *
70
N Y A E R F e rry -S to c k
Bonds 5 b of 1 9 3 2 ...... I 98
N Y A S B T rans A Ferry 25
Bonds. 5 b, of 1906....... * 00
88
10th A 23d Sts F e rr y .. . . .
1st snort 5 b 1919.. ,JA D f*102
F e r r y C o m p a n ie s .
44
3 ’klyu A N Y Ferry-Stock 99
* 0 * Union Ferry—Stock..
1st 5s 1020............MAN 1101
B onds............................... { 05
96
R n l1 r » a d « ,
B oboksn Ferry—S to ck ... 115 130 ;
1st 5s 1946............ MAN 1108* ...... A te Col A P 1st 0 b tr co eta
v etropolltan Kerry—5 s .. 109 i n i A t J C A W l e t 0 b t r co cts

103
73

100

30
05

103
45
108

!?|l
-

104* Oot/07
104* Feb.’OS
07* "os’
107
Jan.’98
108*
99 Sep.’QS
99*
112
Sep.
"08
112
Sop.’OS
84*
85
120*
Feb.’98 5fc
127 Apr.’OS

Sale

......
Sale
.....
Sale

113* Sale
Sale 112% 113*
M-N
SS 88*
JJF-A
-- JJ S3
82
Sale
31
32
105 .....
JA-O
- J ♦ 107
105* J’ne’98
Oct.’OS
...... 110
J - J ♦ 10^
103 108*
54* .110
55*
65
. 55
Nov. 14
15 Sep.’98
M-N
M-N
99 D eo’O'l

J-J

100

103
Sep.’OS
100 Mar’98
10C
Sep.’08
02* Mar’Os
49* Sep.’OS

Nov’97
59* Sale 34
58*
6* 616% 11306
BON DS.
GAS AGBLECTRIC
Atlanta
Ltrotfs
Co 1st• fg5s,.'89
gLIGHT
5*. 1947 JJ-D
- J 1 1 6 * Sale 91% O ct.*08
Bos
U
Gas
Btlyu
TJAGas
1stSeeconP Gg 5s.
.'45
M-N
110*
110*
10
Ch
G
L
C
Co.
A
C
Co
Columbus
Gas
1st
g
5s..
1932
J
J
o n Q as Co. See P G A C Co.
Detroit.
City Gas g 5s.. .,1923
93* Sale
93%
i u m h due July.

B ni l . d ii,

oostsboutiv * p a g e s
R a ilro a d s .
A teh A Piko’B Peak 1st 6s
A te T A S F e g u fd 6snot.es
A tl'taA C h A irL l s t 7 s ’07
A tlA P ctso f depgn 4 s s t’d
B A O 3 * s , w hen Issued..
Do 4a
“
“
Do PIUS, Jc. 3*8, (w.l.)
Host A NY A ir L ine—Com
P referred —See N Y 8tO
California Pacific ls t.4 * g
Do
2d m ort guar
Ch Mil A S t P D ubD iv ’20
Do
Wls VaJ div 0 s ’20

Range
fr o m
J a n . 1.

A s k L o w , H ig h . \:Q Loxo.Hxgh,

112*
Aug’98
109
109
F-A
A-O
108 Oct.’9
...... 105* 8ep.’98
M-S 107 Sale
106*
107
44* Sale
44*
45
Meh. *124
125
124*
12
1;
104*
J - J 104 105 104*
105 Aug’98
81 77
79 Sep.’OS
Sep.’OS
A-O ' 77*
77
80
90*
....
90
92
101 101* 101 Oct.’OS
09* gale 98% Aug’98
99*
JM-N
- J 57* 00 98%
59*
77 Sale 77 59*
78% i m12

90 110*
90
104
76* 95*
816 77**87*

80

W eek’s
R a n g e or
L a s t S___
a te.

...... 75 J a n .’98
84
67* Sale
67%
110 M a r’Vs
1 0 6 * N ov’97
101
..... 102
102*
108 Sale
.....
109* 109&
109
109
109
.... 102M Sep.’98
85 ......
87% Sep.’98
109
......
109*
97* Sale 97 1095/
07H
105* 105*
io i” Sep.v98
112* Aug’97
.......
118 118
Sepj98
105*......
Oct.’98
♦ 113
114 ......
..... 107
115
Sep.’98
114
.... 120 % 114
120 %
117 Sale 110*
117
'.......125
3101
22* NAug'98
ov’iT
*.!!'.!!
lbs* 109
104 Sep.19
107
109
109 8
107 109 107% Sep.’OS
90 Aug'98
Aug’98
113*

140
140 140*
140

107* Sep.’98
121*...... 122
133 Aug’08
133
109
109
166* Mar’98
101
101*
96 Feb.’98
122*
Jan.’98
129 Apr’97
129
115
* 8ep.*98
iVi*
108 ....... 110* Sep.’98

B i e c t r l c C o m p a n ie s . Bid. Ask.
R hode Island E iec P ro Co. x !1 8 * 125
Torou to (C an) El ec L i Co 1 3 5 * i s e *
Thom -H oust W elding Co.
U nited Elec LtA P Co pref l a " 18
83
85
B o n d s..............................
W oonsocket (R I) El Co..
95 100

00>*

BONDS.
N .Y . ST O C K E X C H A N G E
W e e k E n d in g O c t . 11

L o w . H i g h . X o L o w . H igh
B id .
17
S ar F A W 1st oon g 0s. 1934 A -O
20 i
l s t g 5s............................1034 A -O
74*
77
54*
5034
5 8* Scioto Yal A N E. See Nor A W
Seab A E oa 1s t 5 s .......... 1026 J - J
Sea A 8 Bdge. See Bklyn Ml.
105
105* 86
Sod Bay A So 1st g 5 s ... 1924 J - J
So Car A G a l s t g 5 s ___1919 M -N
97*
Southern Pacific Co—
Gal lia r A S A 1st g 08.1910 F - A
2d g 7s......................... 1905 J - D
114 Oct-’OS
110 110
110 J ’ly ’98
M exA P a c d lv l s t g 5 s . ’31 J1-N
H o tti A T O 1st W A N 7s.’03 J - J
1st g 5s lo t g td .........1037 J - J
109*113
Con g 6s l u t g t d ....... 1912 A -O
113 Sep.’OS
108 1 1 8*
Gen g 4s in t g td .......1921 A -O
M organ’BLa A T la tg 6 s .'2 0 J - J
104*104*
1 0 4 * Sop.’OS
1st 7s........................... 1918 A -O
1 0 6 * 108
108 J ’n e’98
N Y T A M exgu l s t g 4 s .‘12 A - O
1 0 9 * A pr *97
Ore A Cal 1st g td g 5s. 1997 J - J
140 May’08
8 A A A Pass 1st gu g 4 s .'43 J - J
140 A ug’98
T ex A N O 1st 7 s .........1905 F- A
Sabine d ir 1st g 6 b.. 1912 M- 8
Con g 5 s...................... 1943 J - J
1 1 2 * A p r’97
B oPof A rgu l s t g 6s.’09-10 J -JJ
S P o f Cal l s t g 0 s .*05-12 A -O
107* * M ay’98
1 1 st con gu ar g 5s. .1937 M -N 102
A & N W 1st gu g 5s.l941 J - J
8 P Coast 1st gu g 4s.. 1937 J - J
8 P a c o f N M cx l s t g 6 s . ’l l J - J
South Ry—1st con g 5s. .1904 J - J
102 Nov’97
Registered ..................1994 J - J
Mem D ir l a t g 4 -4 * -5sl990 J - J
108* * M ay’9'
R e g iste re d ......... 1996 J - JT
E Ten reor lien g 4-58.1938 M -S
R egistered ................ .1938 M - S
A la C e n R l s t g 6 s .... 1918 J - J
A tl A C b A ir L ine ino. 1900 A -O
Col & G reeny 1st 5-08.1916 J - J
E T Y a A G a 1st 7 s .... 1900 J - J
Divisional g 5 s...........1980 J - J
1 1 5 * Feb.’98
Con 1st g 5s..........................1956 M -N
Ga Pac Ry l s t g 6 s .... 1922 J - J *120
Knox & Ohio 1st g 6s . 1925 J - J
Rich A D an con g 6s. .1915 J - J
1 0 0 * Octr’98
Equip sink fund g 58.1909 M- 8
9 6 $ O ct.'98
Deb 5a s tam p ed .. . . .1927 A - 6
1 8 * J ’n e ’08
Virginia Mid gen 5 b. .. 1936 M-N
120 120
Gtd stam ped........... 1936 M-N
120 M ay’
W O A W 1st cy gu 43.1924 F -A
90 Sep.’98
W est N C 1st con g 6s. 1914 J - J
137 N o r’97
S A N Ala. See L A N .
Spok Fall a AN o r l s t g 6s. 1939 J - J
S ta tls l Ry l s t g u g 4 * s .l9 4 3 J - D
Sunb A Lew—See P e n n RR.
Syra Bing & N Y. See DLAW.
'p e r A of St L l s t g 4 * s , ’89 A -O
J - 1st con gold 53.1894-1944
S t L M B g e T e rg u g Ss.1930
T erre H aute Elec Ry g 6 s ,’14 Q -J*
Tex A N O. See So P ac Co.
♦ 102*
TexA P Ry E d ir l s t g 6 s.l905
90
90
1st gold 5 a ..* .............. 2000 J - D
110* Sep.’98
2d gold ino. 5s, D e c,. ,2000
98 J ’ly ’97
Third A r 1s t gold 5a. . . . 1987 J - J
92*
9 5 * ■150
Tol A O C l s t g 5 s.......... 1935
W est’ll dlv l s t g 5a....1935 A -O
81*
32*
G eaeral gold 5s.......... .1935
-D
Kan A M 1st gu g 4a. ..1990
Tol Peo A W l i t gold 4s.l917 J - J
T S t L k K. 0 1st g 0s tr.1916 J - D
I T * tsr A Del 1st e g 5 s .1928 J - D
91 J ’ne’98
" J nlou El ®t . See Bklyn E ler
Un El (Dhio) 1st g 6s. ...1945 A -O
U n Pao—RR A 1 g g 4s. 1947 J - J
R e g is te r e d ...... ,.,,.1 9 4 7
Tr Co Ctfs i 4 * s ..........1918
U P DAG 1st c g 63 trr o .’39
U n lN JR R A C C o . S e eP aR R
Utah A N orth. See- Ore S L.
U tica A Black R. See NY Cent
er Vsl ln d A W. See Mo P.
V Lrgima
Mid. See South Ry.
114 J ’ly '98
Co l s t g 5 s.. 1939
110 Oct,’98
W ab2dRRgold
5s.............3939
116
116
D ebenture series A .. . . 1939
Series B....................... 1939
119* Oct,’98
la tg 5 s D e t A Ch E x t, .1941
105
StC hasB ridge ls tg 0 s . 1908
100 Oet.’i
W arren RR. See Del L A W
105 Oct.’07
W ash OA W. See Southern
W est N Y A Pa—1 st g 5s. 1937
Gen g 3-4s......................1948 A -O
Income 5 s ... .April. 1943
W est No Car. See South Ry.
W estern Pac. See C ent Pac.
8$
W Chic St 40-yr 1 st cur 5s. *28
00 Nov;
40-year con g 5a...........1936
W eat Shore. See N Y Cent.
117 M a r’98
VY Va A P itts. See B A O.
W Va C ent A P 1st g 6s. 1911
121*
121*
Wheeling A L E 1st g 5s. 1926 A -O 100
T rust Co certificate!............
100
Wheel D ir 1st gold 5 s.l028 J - J
ExtttU A Imp gold 5 s ., 1930 F - A
,
Cousoi gold 4 s . .........19 e* J - J
Wllkoa A East. See N Y 8 A W
VYll A Sioux F. See S t P M A M
122 * 122 * W inona A St P. See C A N W
W isC entC o l s t t r g 6s ..1937 J - J
Engraved tru s t certificates.
Income 5s...................... 1937 A-O*
112

87% Sale 87* 88
71* Sep.’98

*116

Jfcsnjre.
fr o m
J a n . 1.

fVou LA VII

T B aud, d a s J ao .

104% 104%.
*9B*‘ ' 99*
107
107
100
92 105*
90%.
107*112
105 113
7 0 * 85
120* 130*
127 127

75 76
55* 71

105*110*
87 98*
103 105*

’*90** io i"

118 US
105*108
112*115
107 114
118 123
112 117*
US 135*
’ 05* ‘ 104**
100 100
103 107%
87* 90
HO* 116*

109 112><
105*110^
105*110*
96*107*
28
50*
117* 1 2 4 *
102 105
103 105
76
83*
69
78*
8 5 * 62
98 104
88*
98%
44
48*

99*
98%
00%
79'

104* 113*
74* 91*
21

30

07 1 0 5 *
108* U 0
108 HO
4 7 * 59%
10
10*

100*
100
90
92*
35

103
103
109
9»*
40*

8S*

«1>J

a o u »!96
ioa>< H 6 &

89

95K

iQ o a d i due N ot .

).—FERRY & RAILROADS.

Bid.

Ask.

103 .........
117
6
S 9 5 * 95 ji
1 04
81).
88
BO
ck Ex ch.
98
95
{120
1120

R a ilro a d * .
Oh AN W 1s t 7a Mad e x t' 11
ChlcATomah l8 t 6s 1005
N orth w Un. 1st, 7 b 1917.
Ch A E a st 111 flluk fd col tr
ClnASpgf 2d 7s gu C C CAI
Col. A Seaboard i s (vr. i.) .
Do
1 st prof. (w. i.)
Do
2d
“
(<
Do
com m on
u
Jack L A Sag 1at e x t 5s ’01
Kingston A Pem b I s t M ..
L N A & O h 1 st 0 b C A I Dlv
{And Interest.
tP rlc e

Bid,
{130
{109
{142
110

103
80% 81

n*
4

108

i i 's
per ah

88.

THE

O c t . 15, 1898. j

P rice
F r id a y ,
Oct. 14.

BONDS.
W. Y . 8T O C K E X C S A N G E
W e e k E n d in g O c t . 14.
D et Gas Co con l s t g 5s. .1918 F -A
Ed El 111 1st cony g 5 s .. 1910 M -S
1st con g 5s............. ,...1 9 9 5 J - J
■d El 111 B’klyn l s t g 58.1940 A -O
R egistered ............................. A -O
Bq Gas L N Y l s tc o n g 5 s ..’32 M -S
Bq G & Fuel. See P G A C Co.
Gen Elec Co deb g o s .. .1922 J - D
Gr R ao G L Co l s t g 5 s.. 1915 F -A
K C Mo Gas Co 1st g 5 s. 1922 A -O
Lac Gas-L Co o f S tL lstg 5s’19 Q-F*
M ut Fuel Gas Co See PeopGas
Peo Gas AC 1 s tg u g 0 s .. 1904 M -N
2d gtd g 6 s . . , . . , ..........1904 J - D
1st consol g 0s...............1943 A -O
Refunding g 5s............. 1947 M -8
R egistered..................1947 M -S
Oh G-L ACke 1st g u g 5s’37 I - J
Con G Co o f C h lstg u g 5s’30 J - D
Eq G A F Ch l s t g u g 0 s . ’O5 J - J
Mu Fuel Gas 1st gu g 5.1947 M-N
W estn Gas Co col t r g 5s...'33 m - n

W eek's
R a n g e or
L a s t Sale.

A sk. Low .
94
109 ......... 110
117
U 6 * .......
113*

Bid.

«w .
■s-s
$
:q'/2

108*

3

105

105*

7

100
10«*
1 1 7 * A ug’98

15

. .. . 100* Sep.’98
105 O ct.'98
1 0 4 * 104*
102
Sale 102
101 M ar'98

i
5

Sale

• .........107
• lie *
100^
102

Range
fr o m
J a n . 1.

H iah. S o . Low H ig h
Aug’98
90 103
O ct.’98 . . . . 108 112*
1 114* 119
1)7
J ’n e’97
....................

*108.* 109* 108
105

781

C H R O N IC L E —BOND PklCES (.5 pages) Page 5.

BONDS.

P rice
F r id a y ,
Oct. 14.

N . Y . STO CK E X C H A N G E
W e e k E n d in g O c t . 14.

^oW estnT eleg. SeeWest.Un.
c'eoria W at Co g 0s. .1889-19 M -N
PI Valley Coal 1st g 0s.. 1920 M-N
Procter A Gamb 1st g 0s. .’40 J - J
St L T er Cupples Station &
Prop Co I8 tg 4 * s 5 -2 0 y r’17 J - D
S Yuba W at Co con g 0s. .’23 J - J
Sp Val W at W orks 1st 0 s .’06 xM- S
90 109
Stan Rope A T 1st g 0s.. 1940 F - A
Income g 5s................... 1940
100 105* Sun Ck Coal 1st g s f 0 s..1912 J - D
Tenn Coal T Div l s t g 08.1917 A-OJ
Birm Div 1st c o n 0 s... 1917 J - J
102 100
Cah C M Co 1st gu g 0s..’22 J - D
115 120
De Bar C A I Co gu g 0 s .’10 F - A
U S Leath Co s f deb g 6 s .’13 M -N
Yt Marble l s t s f 5s.......1910 J - D
102 100* W est Union deb 7s. .1875-00 M -N
101 100
R egistered.......... 1875-1900 M-N
102 108
D ebenture 7 s.. . 1884-1900 M-N
Registered.......1884-1900 M-N
10t>$ 105M
101 101
Col tru s t cur 5s........... 1938 J - J
M ut Un Tel s f ’d 6 s ... 1911 M -N
N orthw estern Tel 7 s . . . . ’04 J - J
9 3 * 102* Wh L E A P C Co 1st g 5s.’19 J - J
102* low
W hitebrst F gen a f 0s.. 1908 J - D

B id .

W eek's
1^
R a n g e or
L a s t Sale.

A s k . L ow .

H igh. No

Rangt
fr o m
J a n . 1.
L ow H ig h

108
113
101
75
• 19

78
1 9*

77
19*

113

F e b ’97
77
1 9*

82
34*

• 90
90

.......
92

Oct.’98
92

08*
95

*110

83 J a n .’98
110* 1 1 0 * 110*

83
88
111*110*

90
92

107
105

6ep.’98
M ar’98

105* 107 a
105 1 0 5 *

.1 1 3 * 111* 111*
105 113
112* Sep.’98
111 1 1 8 *
MISCELLANEOUS BON DS.
1 0 0 * Sale 100* 100* 52
Ex—Col trg 4 s .l9 4 8
A dams
7
109
m Cot 0.1 deb g 8 s ... 1900 Qa-F 109 Sale 108
Am Dk A im p 5s. See Cen N J
81
83
2 64
90
U. 8. GOV. SECURITIES. (For daily record see seventh pa ie v receding.)
Am 8pirltsM fg l s t g 0a. 1915 M-N 81 8ale
99 ......... 98 A pr.’98
U 3 2a registered— Optional Q -M
& S Car Co l s t g 08.1942 J - J
98
98*
B ar
30 84 io’o * U 8 38 reg istered ...........1918
105 Sale 104* 105
86*
88
17 104* .0 5
88 Sale
x’n W A W H ls tg 5s. 1945 F -A
1 0 6 « Sale 1 0 5 * 105* 313 104 1 0 5 *
U S 3a coupon . , . , ....1 9 1 8
ah Coal Min. S eeT C IA R .
1 1 0 * 111
109* Feb ’97
1 0 9 * 1 0 9 * U 8 4s registered........ 1907 - J t 1 1 0 * i l l
5 100* 113*
h lc Jc A StYd col g 58.1915 J - J
112
112 Sal** 112
U S 4s coupon.................. 1907
7 107 114*
Clearf Bit Coal. See N Y C i H
U S 4s registered............. 1925 Q- F 127* 127* 1 2 7 * 127* 10 1 1 6 * 129*
Col C A I 1st con g 0 s .. .1900 F - A •100 101 100 Sep.’98 . . . . 95 102
127* 71 1 1 7 * 129*
U S 4s coupon.......... .
1925 Q- F 127^4 197 k* 127
O oIC A l Dev Co g u g 5s.. 1909 J - J 100 101
100 104
104 J a n .’98
U 3 5s registered...........1904 Q- F 1 1 2 * 113* 1 1 2 * Oct.’98
100 * 112 *
Col Fuel Co gen gold 0s. 1919 M-N • ....... 100
80
84
82 Sep.’98
U S 5s coupon.................. 1904 Q- F 11** 113* 1 1 3 * 1 « « *
109* 115
Col F A I Co gen s f g 5s. 1943 F - A *......... 82
101* A pr.’98
101* 105* U S 0s c u rre n o y .......... 1899 .1 - J 1 0 2 * ......... 1 0 2 * A ug’98
Com Cable Co 1s t g 4s.. .2397
1 0 2 * 104
104 Feb.’98 . . . . 104 104
U 8 4s reg certs (Cherokee)’99 Mch 102 .....
R egistered......................2397 8:1
STATE SECURITIES.
e Bardel C A L See T C AI.
109 May’98
Alabama—Class A 4 to 5.1900 J - J 108 .
1 0 8 * 109
el A H Can. Sm RR bonds
17 A ug’98
108 .
I 1 6 * 19
17
10
Sm all............................
105 Aug'98
Det MAM Id gr 3 * s S A. 1911 A
105 108
0 8 * 9 8*
Class B 5s........... ...........1906 J - J 108 .
103 Sep.’92
■rie T A T col tr g s f 5 s... 1920 J 105*108
0 5 * J a n .’97
G r Riv Coal A C 1st g 0s. 1919 A
Class C 4s........................1900 J - J 105 .
98 A ug’98
98 100
111 ' Aug’07
Currency funding 4s... 1920 J - J 105 .
H end B Co 1st s f g 0 s ...1931
Dist of Columbia—3-05s. 1924 F- A 117* •
1 11 8teel Co deb 5 s.......1910 f
116 Sep.’98
115 117
70
A
p
r’07
'105
.
J
J
Louisiana—New
con
4s..
1914
J- Non*conv deben 5 s ...l9 1 3 A
10 H Sep.’98
100 105
Sm all....................
100* M ar 98
ro n Steam boat Co 0 s ... 1901 J 93 1 0 0 *
107 xMay’97
M issouri—Funding. ..1894-95 J - J
Jeff A Clear G'AI ls t g 5s 1920 J 80 Ma'y’07
N orta Car—Consol 4 s ... 1910 J - J
101 J a n .’98
2d g 5s.............................1920 J 101 101
102 J ’l y ’97
Sm all.......................
J -J
G ard’n l s t g 5s.l919 MM adSq
0s..................................... I 019 A -O 122 .... 128 Feb.’98
e t T A T 1st s f g 5s. 1918 M
128 128
R eg istered .....................1918 M
8o Carolina—4 * s 20-40.1933 J - J 103
93*
93*
T enn—New settlem 't 3s. 1913 J - J
Mich Pen Car Co lBt g 5 s.’42 M9 3 * Sale
87
93*
Sm all.......... .................
88 J ’n e’08
Mot Un Tel Co. See Wn Un.
J-J
87
88
1 0 0 * ....... 107
a t StarchM fgC ol8tg08’2O M
1 0 8 * | 18 105 108 | V irginia fund debt 2-3s. 190 l J - J
7
8
*
Sale
78
7
8
*
65
78*
N wpt News SAD D 5s. 1990 J R egistered......................
J-J
0s deferred bonds.........
:::::: : : : : : : : : : :
N Y A N J T e l gen * 5 s c y .’20 M
• 75
...”
!!!!!! ! .
N Y A Ont Land lsr g 0s. 1910 F
T ru st receipt* stamped
7 * Sale
7*
• No price Friday; th ese are la te st bid and asked th is week.
t Bonds due July.
t Bonds due May.
i Bonds due April.
| Bonds d ue January.

M-8

C

D

"iii "‘i*

■ RRs., BANKS, MISOEL.

O U T S I D E S E C U R I T I E S (G iv e s at foot of 7 consecutive pages).—
Bid Ash.
_____ R a i l r o a d s .
N Y El deb 5s gu Man R y . 08
No Pacific Mo Div 1st 6s.
P lttsb A Connellsv 1st 7s 104
Do con 0s gu by B A O 115
Rock Ial’nd A Peoria. 100 100 105
8 t P East A Gr T r 1st 0s.
T enn CIA Ry con 0s 1901
Do 80 Plttsb 1st 1902..
M is c e lla n e o u s . Par.
Acker Merrall A C on.100 98 101
Am A ir Power of N Y.100 23
15
Americ'u A xe A Tool. 100 13* 2 7 *
Amer Bank Note C o ...50 t 39
41
American B rake C o.. 100 88
01
Amer. Caramel—Com —
35
P re fe rre d ........................
98 101
Amer Groc—1st pref.100
9
Amer M alting Co— See Stock Ex l’t
Am P neum at Tool Co. 10
Amer Press Assoc’n. .100 100 105
A merican Screw.........250 1115 140
Am Smokeless Powd.100
Am 8o d aF o u n —Com. 100
4*
6*
le t preferred.............100 45 ' 50
21 p re fe rred ............. 100 14
17
Amer Steel A W ire—See S t’ck Ex l’t
American S u rety.........50 100 175
Am Typefo’rs—Stock. 100 45
48
Amer Sewing M achine. .5 t 2
Amer 8traw b o ard ..,.1 0 0
31
31H
Amer W ringer com ... 100
103
P r e f.................................. 114 ........
Amer G raphopbone---- 10 135 140
P re fe rre d ....................10
150
A nderson (John) Tob.100
10
13«
A utom atic V ending... 10 25
BarneyASm Car-Com. 100
15
P re fe rre d .................. 100
55
0s 1042 ................... JAJ 97 100
Bergn A Eng Br—See Phi 1. list.
1s t 6s ............................... 110
Blackwell s Durh Tob.25 t 13* 20
Bliss Company—C om ..50 110 125
P re fe rre d ....................50 103M 110
Bond A Mort G u a r.. .100 192
Carter-Crume—Pref. .100 5 3 *
Celluloid Co..................100 77
81
Cent America T r’nsit.100
X
Cent Flrew 'rks—Com. 100
2
3
P re fe rre d .................. 100 Si
40
Cbateaugay OreA Ir 0s ’15
40
Chea A O Grain El—Inc.
1*X 17*
4s.....................................
65
75
Cbesebrough M fgCo.100 300 815
Claflin (H B )-ls t pref.100 02
•7
2d preferred ............. 100 90
05
Common—See Stock Ex list.
Clark Mile End T h r’d.100 75
Cell ins Co..................... 100 113
Comstock T u n —1st in o ...
2
4
Consolld Car H eating. 100 13* 3 7 *
Consol Flrew’ks-Com.100
10
P re fe rre d ..................100 40
Con Kan C Smelt A Ref. 25 85
00
Censol Rolling Stock. 100 20
31*
Cramps’ 4b A Wn Bldg, 100 70
74
Diamond Match C o.. .100 . . . . . . . . . . . .
B usier L an d ......................
20c.
E.»pens 8m A W tem ..l0 0
75
B rntman Kodak Co... 100 95 100
Erie A W estern T ra n s.50
80
Federal Steel (w. 1.)..100 2 0 * 2 0 *
Pre . (when Issued). 100 7 0 « 70%
Fidelity A C asualty... 100 250
.......
Fl lellty A Pep (B a lt)..50 140 145

M is c e lla n e o u s .
G alveston W harf—1st fls.

Bid
00

Ask
100

28
80
58V 51
108* 100
89H 3 0*
100
x i l 4 120
125
G reat Falls Ice............ 100 n o
H artford Carpet C o .. 100 01
45
U eck-Jones-J M lll-Pf.100
65
85
09
1st 6s 1922............ MAS
H er’g-Hall-M ar-Com. 100
1
P re fe rre d ................. 100
7
3H
100
5 s ...................................... 107* n o
International Elevat.100 75
80
International N a v lg ..l0 0
105
See St
P referre d ............ 100 J Exch list.
Bonds 0 s.......................... 1100 n o
100 103
+......... 10
0s 1901.....................JAJ
55
00
Jo h n B Stetson—Com. 100 45
P re fe rre d ................. 100 100 h o
22
Jourueay A Burnham. 100
P re fe rre d ................. 100
05
72*
40
K nJcim rb'rlce (Chlc.)w.i.
87
Pref. (whea Dsued) —
02
Knlckerb Ice—Bonds 5 s .. 86
Lawyers’ B urety.........100 100 105
Lawyers’ T itle In s .. .. 100 150 150
Lorillard (P )—P re f.. .100 118 110
5
Madison 8q G—Stock. 100
2d 6^ 19J 0 ............MAN
25
35
40
120
Mech’nlcal Rub-Com.100 25
P re fe rre d ................. 100
05
55
M ergenthaler Linot—See Bosto n list
Meriden B ritannia Co..25 00
65
14
Mich-Pen Car—Com.. 100 10
P re fe rre d ................100
68
01
02
1st 5s 1942............MAS
88
103
100
Mosler S a fe C o .......... 100
M onongahela W ater...25
36*
Nat Biscuit—See Stock Ex List.
Preferred—See Stock E x L ist
National Casket C o ... 100 00
80
25
National Saw—P r e f.. 100
200
National Wall Paper. 100 55
65
60
N Y Biscuit 0s 1011. MAS 114 110
New J e r Zinc A Iro n .. 100 100
S Y Air Brake—See N Y 8 took E xch.
48
55
7
I N icaragua C onstruct. 100
10
Peck, Stow A W ilcox. .25 t 18
OS
P ennsylr.Salt—See Pblla. Ex. 11 St.
100
Peun. Steel 5s 1017.MAN
12
Penn. W ater—Com — 50 10
Phil A Wll S team b o at.50 130 1*2%
2
Pneum atic Gun Car'ge. 10
1*
4
8
P ra tt A W hltn—Com.. 100
50
Procter A G a m b le .... 100 250
P re fe rre d .................100 100 106
German Am Real Est.100
Glucose Sug Ref-Com.100
P re fe rre d ................. 100

Preferred ............... 100

80

Safety Car H e at A Lt.100 ioo

105

M lec e l Ia n y o n e .
Schwarzchild A Sulzb.100
8emet-Solvay deb 5s..
Simmons H ’rdw-Com.100
P referre d .................. 100
Singer Mfg Co.............100
Standard Oil................ 100
Stan. Dlst. A Dls.—Com..
P re fe rre d ........................
Stand Und’rg’d Cable. 100
Sloss lA SlstO s 1017.FAA
Southern Cotton O il.. .50
8ta t Isl R T 1st 0s’18AAO
2d 5s 1920................JA J
8tillw-Blerce A 8m-V.100
Sw ift A Co....................100
1st 0s...............................
Susq Coal 0s 1911__ JAJ
Term W areh—Stock.. 100
1st 0s..........................
D ebenture 0g.............

88

80
107
60
96
98
1100

115

00
70
93
100

108
10

70
70

B anks.

B anks.
N. Y. CITY.
A m erica*__
Am E x c h ....
A s to r............
A stor Place*
Bowery*.......
B roadw ay....
B utch’sApr..
C e n tra l........
C hase............
C hatham . . . .
Chemical......
Citizens’.......
C ity ..............
C olonial*__
Colum bia*...
Com m erce...
C ontinental .
Corn Exch*..
E ast R iver..
11th Ward*.
F i f t h ............
Fifth A re*..
F irst..............
F irst (St Isl)
F o u r th .........
14th Street*.
F ran k lin ......
G a lla tin .......
Gansevoort*.
Garfield........
German Am*
German Ex*.
G erm ania*...
Greenwich*..
H am ilton*...
H anover.......
Hide A L’ath
Home*..........
H udson Riv*
Imp A Trad.
I r v in g ..........
L eather Mfr.
L ib e rty ........
Lincoln.........
M anhattan*.
M arket k Ful
Mechanics’. .
Mech A Tra*

45
103
110 113
116 126
x4C5 425
414 415
20* 2 >
0 7 * 08 *
117 119
35

101

360
170
250
245
228
07*
115
125
1000

140
200
120

800
235

135
155

278
180
22 0

120

1700

1000

112

100

118*

350
105

100

400
85

140
470
147*
170
160
750
225

95
145

M ercantile ..
M erchants’..
Merch Exch.
Metropolis*..
Mt M orris*..
M utual*........
Nassau*........
New Amst.*..
New Y ork....
New York Co.
N Y N at Ex..
N in th .........
10th Ward
N orth Amer.
O riental*. . . .
Paciflo*.........
P a rk ..............
Peoples’* ....
P h e n ix .........
Plaza*............
Prod Exoh*..
R epublic---Riverside*.. .
Seaboard —
Second .........
Seventh.
Shoe A L e’th
S ix th ............
State* ...........
State of NY*
Tradesm en’s
12th Ward*..
23d W ard*...
Union..
Union 8q*....
W estern.......
W est Side*..
Yorkvllle*..

M is c e lla n e o u s .
Texas A Pacific Coal. 100
1st 6s 1908.............AAO
T itle G uar A T ru st... 100
T renton P o tt—Com .. 100
P re fe rre d .................. 100
Trow D irectorr-N sw . 100
Union 8witch A 8ignal.50
P r e f e r re d ............ . 50
Union Typew r—Com. 100
1st p re fe rred ........... 100
2d p re fe rre d ............. 100
U 8 Glass—Common.. 100
P re fe rre d .................. 100
U 8 Projeotlle Co........ 100
W agner Palace C ar... 100
W estlngh A ir B ra k e ...50
W illim antlc Linen Co. .25
W orth’t ’n P ’mp-Com.100
P re fe rre d .................. 100
Bid.
107
150
117

Ask.

400

100 120
150
• 50
215 235
1800
00
90
186
140
160
235
300
90
290

no

190

B anka.
Kings Co* —
M anufact’rs.
Mechanics*..
Mech A Tra*.

5
28
89
72

112

12

100

92
MX
70

168

+ 101

t 25
32
90
Bid.
100
240
225
250

N at C ity...... 330
North Side*. 160
100
Scherm’rh ’n* 140
1Ttb Ward*. 100

180
r1 t 1

10

85
41
74
114
15
103
80
100

164
86
99
Ask

no

255
260

W allabout*.. 100

105

T r a i t C o ..
N. Y. CITY.
140
240
190

250

900

950
350

425
275
105
400
Metropolitan 300
N Y L I A T r 1200
N Y Sec A Tr 400

120

292

20th Ward*.. 140

95
A tlantto T r . .
S 12
120
Colonial........
,,,, C ontinental .
156*
190
Farm Ln ATr
178
450
Fifth Ave Tr
125 150
G uaranty Tr
10
K nlck’rb ’ok’r
0S
150
108

A ik
02*

345
175
195
150
105
215
145

no

236
170
130
276
175

65
102

Produce Ex.
Real E s tT r’t
State T rust..
Union Trust.
U 8 Mtg A Tr.
Unit. 8tates..
W ashington.
BR’KLYN.
Brooklyn Tr.
F ran k lin .......

206 215
200
105 105
1030
200 300
1200
230

BR’KLYN.
Bedford* — 215
390
Broadw ay*.. 180 100
225
Brooklyn* ... 125 130
•5
8th W ard*...
Kings Co...... 290
5th A ve*.... 104 107
L Isl L A T r. 220
F irst.............. 680 390
220
M auufact’rs. 237
Fulton*......... 180 200
100
N a ssau ......... 150
Ger A mer*.. 90 100
P eople's....... 250
H am ilton*... 105
* Banks marked with an asterisk (•) arts S tate bans*.
tP rlc e per
$ Purohsser alse pays accrued Interest.

400
335
285
225
101
253
sh are

782

IVox. Lrvn.

THE CHRONICLE

Soston, Philadelphia and Baltimore Stock Exchanges — A Daily and Yearly Record.

S a le s
*T* st» are Price*—Vol P er C eutuiu Price*.
ACTIVE STOCKS.
o f th e Range o f Sales in 1898
F r id a y ,
W
eek.
M onday,
T u esd a y, W ed n esd a y T h u rsd a y ,
11 Indicates unlisted.
Shares
O ct. 10.
[ - O eh . Oct. 13, OcL *.
L o w est
H ig h e st.
R a i l r o a d S lo c k * ,
05%
05%
05%% 65%
25
5% 65% •65
lore Consolidated.......
City Passenger... (Balt.)
65%
65% ♦ 65% 23% 023%
509
Sept.
30 75%
Feb.
11
44 05%
24% Baltimore
25 5,474
23% •*HJ<
4374
34
35% 33%
Apr. 20
“
24%
Feb.
14
3
24
23%
23%
24
4
3874
2.74
25
1>059
24%
Feb.
23
Mar.
12
250 350
2569%
i 25 % 25 J 252% 250 250 *250 252
Boston & Albany.
—
100 511
250
148
Mar. 29! 302%
Sept, 2260
09% ......
70 *22705% 70
70 Boston
69% 226
..(Boston)
" ....100
....100
70 *925
E lev ated ..
Mar.
09% 251
71 Aug.
Sept.
B9J4 225
o m *224
236%
«
236
227
277
A
pr,
2
164 164 104
104 115
104
L04 115%
.
“
....1 0 0
**98 85% Mar.
Mar. 12 171%
LG1 114%
103% 163% *i63
Jan.
114
,
“
...,1 0 0
7,516
114%
I1M#
1
19%
Aug.
18
u *...m u «h 113% 114 113%111
123
120 122
“
....1 0 0
312
102 Mar.
14
120%
Aug.
18
1*1)4 i* % 138
193
123
123
133
123
Preferred
.
1.23
.
“
....100
14
124
Aug.
22
105
Mar.
12
% 106%
2,100 88% Apr. 21 115 Sept. 8
107)4
, (Phila.^ .....100
io»x
23
23% t 41?« 107W
23 108
23% 108
23 23%% 28%
23 107%
23 106%
. . . 50
1,031
Aug. 20
24
9 Jau.
Feb. 254 27
2174
2374
.
“
. . . . 50
1,852 27%
41
41
41
i,
41%
41%
42%
Aug.
Preferred.......
)
174
4
1)4
■
1114
41* 41M 41%
50
50%
50
•50
50
50
....100
53
Aug.
119
87
Jan.
3
JotisoL Traction
50%
5"«
105
105 105 •105
105
104% 105 *104% 105 Fitchburg, pref.
104«
105
(Boston)
— 100 100
68 98
Aug. 20
Mar. 289 106
40
40
♦♦ 87
49
.
(Balt.)
....1 0 0
12
Aug.
2794
May
•
•
•
5
"
‘
b
'V
*
90
«“ ....100
100 84 May 25 90 Oct. 11
95 ...... *96
l a i i *95* Van *9574 9674 1st preferred.................,
07 67 •05M
♦ 07 08 *07 08 Lehigh
50 55 May 3 73% Aug. 25
2d preferred.......................
“ ..100
% 19% 20
2,189 19% July 22 20% Jau. 3
19%
50
Valley.....................
(Phila.)
805H ♦ 20674% 2 04%
1974
•1)4
.10 0
‘H
395
Mexican
Central.................(Boston)
*4
H
4%
18
4% Jan.
Apr. 146 830%Jan.
*4M
4%
474
4K
82%
*81
50
*81 .......
81 81
1 76%
Northern
Central............
(Balt.) ..100
June 30
•81
*8174
40%
41%
26,840 19 Feb. 24 42% Sept. 10
39 % 40% 38% 39% 38% 38% 3844 4074 40
Northern
Pacific..............
(Phila.)
41%
75% 1075)*
75 192
57% Mar.
75% 75% 74%
7074 •192
79% July
Sept. 29
7074 7674 *192
." * 1 If* 192
3% Preferred............................ “ .100 2,884
92 75%
1193 192
11 1859$
Mar. 26
164 195
*26
37
26%
%
28
28%
Oregon
Short
Line.................
335
“
....
100
18
Jan.
•93
30
30%
Aug.
31
58% 90
1,357 55% Mar. 12 60% Feb. 7
58% 90
53% 58%
58)4 58% 58% 58)4
Pennsylvania.................
. (Phila.)..,.
50
5874 90
58% 58%
58*S 90
90
90
90%
2,034
95
Aug.
29
•90
90% 90
“
....
50
Philadelphia
Traction.......
77
Mar.
25
90%
9074
9-10 Reading Company................. “ .... 50 4,81ft
8,729 7 13-16 Mor25 11%Jan
S H 3 7-10
% 19%% 8-16
1“ ■20SH11-1 S' H 11-16
874 7-10 9-16 874-H 5-10
19M 15-10
11-16
27
1-10 Fob.
Feb. 563
18%
Mar. 26
1st
preferred..........,........ “ “ ....
50
10
10
1,805
10
10 9 13-16 10
14
9-10
9%
Mar.
25
•1 0
...
2d
preferred.....................
....
50
974
974
974
9)4
*32% 05&
33 Onion Pacific.................... (Boston)----100 1,064
32
32
33%
33% 33
10% Mar. 25 34% Sept. 10
.32% 39% 31% 82
82«
2,472 47 Mar. 25 07% Sept. 16
64
64
65.-4
64%
65K 05)4
4*04%
04% 64%
“ ....100
Preferred.,.............
85J4
MM*
13,824
18%
18%
19%
1894
184$
18%
3 % Aug.
Union
Traction..................(Phila,),...
50
12% Jan.
18%
18%
19
19%
19)4
85% 80 80
Aug, 22
11
SJ
Mar. 253 87%
85%
West End»liaeellaueous
Street...,........ Stocks.
(Boston)..,. 50 817 78
275
278
442 238 Mar.
280
280%
American
Bell
Telephone,..
(Boston)....
100
280
280%
285
278
37974
♦ 118%
280 281
279U
280
Aug.
15
108M
Sugar Retlning?., “ “ ....100
.,..100 04,997
110% 113
107% Mar. 147 Jan.
109%112%
in-M 105%
Aug. 260
1153*
11074 107 American
108H 105%
100%
104% 284
100% 105
107 225
440 108 Mar.
Preferred?.......................
106
108% 248
107 105%
lift*
240
230
7,8 71 149% Jan.
233
220
246%
235
245
“
....
25
Boston
&
Montana.........
Oct.
248
235
80% 582
50 580
80)4 580
32)4 Butte
26 581
32 530
29 580
34% 580 5S0
A Boston*....................
““ ....
25 88,252
50 Oct
18% Jan.
Mar. 000
30 580
30% 580
108
31)4 580
Calumet
A
Hecla
................
—
25
Aug.
489
31
581
04% 25%
64% 6474 65 *64% 05 0)74 6474 Consolidated
34 2 52% Jan.
Gas............ (Balt.) —
....100
Aug.
18
*64*
65 64%
25
25*4
DominionStorage
Coal................(Boston)
100
25
% 61%
25% 25%
Sept. 22
14 Mar. 66%
2t0i0
•35%
26*,
37%
38%
37)4
3874
1,65' 18% Mar.
37
37%
Electric
Battery
?
..
(Phila.)....
100
37
37%
38%
%
39
% Sept, 29
45% Oct.
44% 75
45%
45*4 44% 45% 44%
Preferred?
— ....................(Boston)....
“ ....100
1,460 21 Mar.
■ H74 45
74% 44%
74% 44
Sept. 806
71%
75)4 Illinois
768 59% Mar.
Erie
Telephone..............
100
74% 44
75 44
74
H 74% 74% 75
74)4 75%
70
70
74%
Sept
44%
Mar.
33
70%
70%
Steel.......................
“
—
100
% Lamson
*21% 21%
Mar. 23% Jan.
June 8
StoreAService.......
“ .... 50
22 *•2174 2274
339 20
•385% .......
Lehigh
Coal
Navigation... (Phila.)--50 17,524
38 38% •2 6%% 226% *2L%
375 July
385% 33
39 37)4 379*
Jan
117
Marsden
Company7..................
“
....100
6%
May
0%
6%
6%
5J4
674
11%
574
3
130
136
.......136
New
England
Telephone...
..(Boston)...
100
Aug
17
144
120
Mar.
*136
•........139
13H
136
138
25 9,572 21% Jan. 32%
Mar. 2
28% 29% 28% 30
28% 28% 23% 28% 29 29 24% 2874 Old Dominion Copper?.,..., “
2 2 % Aug. 22
19% 19% 19% 19w 19% 19% 19% 19% 19)4 3074 1974 2"74 Pa. Mfg. Light A Power? ... (Phila.).... 50 14,441 0 Apr.
Sept.
125
120 % 1 20 % 140
United
Gas
Improvement?..
“
....
50
97%
Feb.
2.535
%
121 121%
Oct. 1975
23)4 United
24%
22
23% 23% 23% 43IK 45
States
Oil................. (Boston)....
255 3,992 33%
24% 45%
24% 28%
10% Feb.
Feb. 24% July
347* •3374
46
42%
44
42
43
Welsbaeh
Light?.....,.......
(Phila.)....
45
41
43%
02*4
4674
End Laud.
...............
25 200
1 Jan.
1-16 West
•1 ...... *1 ...... ♦1
1% Jan
*1 ....
87
*
Sept.
£1030
100
“33 58
35 *56% 58 •.......
Westlngh.
Electric
&Mfg.,.(Boston)....
““ ....
.... 50
50
*83%
34%
20%
Apr.
33 33
33
33
Aug
58%
170
57
*57
Preferred..................
50
Apr.
57%
57%
*57
58
561%
57
*5674
• Bid and asked prices: no sale wa* made, i Tr, receiots; ah lnstal paid. t Tr, rents. 1 Ex rights, I Lowest is ex divi dend.
But fAsk
Bid Aelt.
I N A C T IV E STOCKS Bid. AaU. S T O C K S - B O N P S B id . A sk .,1
BONDS
BONDS
B o u to n —Concluded.
Baltimore—
Conclu’a.
RAILROADS,—Prices
OcL 14.
MlButH
SCELL.—Concl
uded.
113 115
95
Ogd A L C con 0s.’20 AAO *
West
N
Ccon
s.
1914
JAJ
2
3
At
Top
A
8
Fe..
(Boat)
100
Int.
ASM
“
10
1274
12)4
15 WilColAAug
Income 6s........... 1920
WestVaCAPlstOg.’l
IJAD
JAJ 108
39
Atl AAO
Charlotte(Balt)
100 113)4
Marsden pref? (Phil)
117 mj 118
08.1910
Balt
all pd.
“ 100
44 120
(Boat) 100
100
45 Mergenthaler..
185
18674 Rutland 1st 6s..’02 MAN $106 107
no
$
99
WU
A
Weld
5s..
1935
JA.I
2d
5s............1898
FAA
Boa
A
Maine
pL(BoBfc)10C
106
Morris
Canal...(Phil)
100
W est End St o s.. ’02 MAN 3105
280
Boston A Prov. (Phil)
“ 100
Pref...............
“ 100
B o n d s—P h ila d e lp h ia
4 % s................ 1914 MAS $.......
Catawlsaa......
50
04
64%
Osceola
Mining(Bost)
25
107%
Atl
City 1stMSag..T9
Gold 4s.......1916 MAN
....
54
24
1st
pref........
“
50
Parrott
Sll&Cop
“ 50
10 104
2374
100
Catawissa
7s. 1900MAN
FAA
4s................1917
FAA cHOC
Central
Maas...(Boat)
100
10
8
Pennsyl
Salt...(Phil)
ChesAD
Canl8tos.’10
JAJ
58
10
17
Pref..............
“
100
55
Pennsyl
8teelT.
“
100
1054i 100%
Choc
Okla A5a....
G prior
B o n d s —B a l t i m o r e .
Central
Ohio...(Balt)
00 3974
40
Pref?..........
“ 100
)074
Atl A Ch 1st 78.1907 JA J 119
General
1919Hen
JAJ0s 101%
1l 25
14 PhU’delphia
Chic AStW
Mich. (Bosfc)100
Co(Boat)
50 195 190
81 82
Cit’s‘StRy(Ind)con
5s.'3S
AtlG-Llgh t l st5a 1917 JAD
Cit’a
of
IndBl(Phil)
100
28
Pullman’s
Pal..
“
100
% Colum St Ry 1st con 5s.’32 5......
Belt lst58.1990M AN 10074
City
AASuburb.
.(Balt)
50 153 155 Quincy Mining. “ 25 1191 120 BBalt
altC P aslst 5s. 1911MAN 1157, 11074 Colum O Crosst lat5s..’83 I..*...
Conn
Psssum
(Boat)
100
Reece
Buttonh.
“
10
H J4
ConTracof N J 1st 5s..’33 107v* 107)4
Fundg 58.1916 MAN
255
Conn
Ysabel
5 1800 181«7t Balt
Exchange 3%«. 1930J AJ 107 10774 DelABBk l9t7a.’05FAA
Flic*
*Ri^
i'erer—M. “““ 100
100
13 200
14 Santa
Tamarack
Min.G 11““ 25
EastAAElec
1st M5a5Stk
b.’20 MAN 109)4
BaltAOlito 4a g. 1935 AAO
37
Pref........
United
El
Sec..
50
100
39
109
PlttsACon 5 g. 1925FAA
Edison
tretfs
G’rmant’n
Pas#(Phil)
50 13174
Pref.............
““ 100
9174 92
80
ElecA
Peop’s
Tr
stk
tr JAJ
ctfa 12)4
Stat lal 2d 5 *,1920 JA J
...... Water
1
40
Heetonv
MAT
“
50
Power..
100
74
Receivers certlf 0s.JAD I.......
ElmAWllm
1st.
s.’10
10
Pref.............
50
07
Welsbach
Com?(Phil)100
100
Do
Maryland
C
onstr
5a.
Income
5s...
.2802
AAO
.
.
.
.
.
67
Hunt
ABroad T u“ 50
12
Pref?.......
“ 100
Do P itta b A Con Sa.J'AJ L *,",*’,* !!!!!! Eq D1 Gaa-L let g 5s. 1928 10174 107)4
-1874 . . . . . .
Weatm’rel
Coal(PhU)
50 27
50 1074
38
Hestonv
A F5s.’25
con 5s.’24
Do Main Line 5s..........
KPref.......
C
Ft
8
A
M..(Boat)
100
10
15
2774
Wolverine
Min.(Boat)
25
108H , , . , .
HA
B TopM
con
A \0 11674
BADS W is t 4% g. 1990JA J 104
1
50
00
Wollaston
L
d,
“
5
Pref.............
f‘
100
102
Internet
Nav
0a......1906
BaltAPlstGsm 11911 AAO
Little
8ehuyIk.(Phil)
50
54
55
1
103
102
K
C
Sub
B
l8t6s..’20
JAD
1st
6s
tunnel
1911.,JAJ
Bonds—
B
om
to
n.
Maine
Central.(Boat)
100
132 163
135 Am Bed Tel 7s. 1898 FAA { 100
K CP ANav
G 1st4%
5s..’23
AAO 75 7574
Bal Trao 1st 5a. 19 29 MAN 11874
Metropol
St?...( Phil)
100 102
Lehigh
b..’14 Q^J 11074
E xt A Im p 0s. 1901 MAS 103
01
A
TAS
I
*
gen
g
4s.
’95
A
AO
MlnehiilASH.
“
55
{ 93
No Balt Dlv 5s. 194 2J AD 118)4 11874
RR 4a g........
1914 JAD
O-F 107
Neaquehon’g
V. “
g 4s..1995
54
{ 7171 7174
S 104 Gen
Conv’rtiblo5sl9O0M AN
Consol
7a......1911
BAdjustment
A M3dTena'l
is 7s.’02-07
MAN #109
30 88
New
England..(Bo;
M
4%sg..
1924
Q-F 10274 98 ■
CapeFvfeYsrABg. 1910JAD 71
Boston
3%s..l947
lii
97
99
Pref.............
«
52
1st 6a ser B..1916 tr rec 47
Leh Val
V CMext1st4s..5s1948
g.’S3JAD
JAJ
Un
Gas lBtSs.’SSJAJ
JAJ Aj 90
North
Penn,...
(Ph“
96 97 Bob
Leh
1st 0 b ser C..1910 t r rec 40
51
2d
M
5s.........1939
No
A
W
Branch
70
130,1
n112s 115
2d 7b............1910
MAS
Cent Ohio 4%s g .’SO MAS 107 108
Penn
ABrie......
N W... ““
«1 18
BurA
Mo Rlvex’pt6s.JAJ
Consol
6a....,1928
JAD
Central Ry 0 s ... 1912 JA J
Non-exempt.
0
b.’18 JAJ J l0 7 11874
108
17
Phil
A
18
*•••*
Annuity
a...........JAD
Consol 5 s .. .. 1932 MAN u T
191)4
Phil
Germ
AN.
“
Plain 4s.......... 1910 JA J
98
13574
E x t A Imp 58.1932MAS 113 11374 Newark Paaa con 5s. 1930 113% 114
257 17 Oh2dBurA
United
N J......
N lBt5s.’20JAI)
AAO }e io107o 102 Chari
NY
PhANorlet0s.’28
JAJ iii%
CA A ext5s.l9lO JA J 108 109
M AQ
0s.......1918
United
Tr
of P. “““
1674 45 Ch Bur
NoGen
Penn
1st 4b..’30
MAN
Chesap Qaa 0 s .. 1900 JAD 105
44
Pref.............
4
b. 1922 FAA i 99
114
City ASub 1st 5a. 1922.1 AD 11074 llfl
M7s.......
1908
JAJ
Iowa Dlv
48.1919
AAO
| 98
107 54 Chicago
127%
Penn
gen0s bc....
r... 1910
Var 110*
June
5s.
1915
JAJ
|1 1 4
11474 Col AGrnv I st5-6.1917 J AJ 117)4
5874
11774
118
Consol
1905
Var
119
Consol
Gas
6
s
..l9
1
0
J
A
D
W e a tN Y A P a . “
5
Ch
A
No
M
gu
5s.’31
MAN
........ 05
3)4
to l104%
l
5s.....................1930 JAD
Consol
5b4%i
r---1919
Var
Wi#con
Central(Bost)
10 23H
AofWVerm’t
Mgen 5a.’2l
JAD
5 . . . . 80
37s Cbl
Ga
&Aiulat.pf5Bl945AAO
Collat
Tr
g.’l
J
AD
10174
Con.
5a.‘13
J
AJ
. 7974 80
3
Pref.............
“
10
5
.....
A NY5*........1939
Can 7#./06 AAO
JAD ii9
GaCarAN1st5# g. 1929,1AJ 94 125
85
9‘74 PaCon*
WorMISCELLANEOUS.
Nash A R, “ 10 120 125 Curr't
Riv 1st
5s.’27 AAO
1
2
DO
RAW
1st4a.140
AAO
1 87H SH74 Georgia Plat5-0R 1922JAJ
01
Con*Steel
4g.......19897 AAO
10674 114
107 Penn
Allouez
2 9%
Domtn
Coal
13MA8
11174 GaSoAFla 1at 5». 1945JAJ 118
70
MAN 90 10574
Am
By E3Mmlng(Bost)
LLT.(Pbll)...
East’ll
1st M
0s g.’OO
MAS m24187..i 120
9 S374fi Pr
People’*
Tr
tr
certs
4«,‘48
,,,,,,
m
ix
.....
Anaconda
Min.(Boat)
2
Elk
AM
V
t»t0s'83end
101
1*tgold
aerfts.118
MetStrOrlWGaa
ash)1st
1at 5#’
FA no 11074 Perkiom
AnnistonMining.
Land. ““ 102 18%
Unst’p’d
1st 05s.‘10
h.’33 AAO } l3 7
ioo 10074
New
5s...25Var
Phila
Elec
trust,AAO
ctfs 1177,
Arnold
lllln
Steel conv
JAJ>♦......... 100
1874
108
NorthCont
4%a.l985AAO
PhAEr
gen
M
Bg.’20
11374
10874
Ash
Bed
Min’g.
“
2
Debenture
5#.
1913
AA<
3
2H
5 ......... 98
......
me
103
0s
1900............
Gen
M
4
b
g..
1920
AAO
.
AAO
Atlantic
Min’g. **‘ 22 26%
27
KK CCCA
S 1atl»l5sTa.’OS
g.’25 AAO
» ........ 85
105
125
Ph
A
Read
2d
5s.’33
AAO
0s
gold
1900
.......
J
A.)
Baltic
Mining..
17
Ft
SAG
JAD
1774
$....... 115
133
132
13
ContjoJ
M
7s.
.1911
J&D
0s
1904........
........JAJ
Balt Wareho’#e(Balt) 2 21
KCF S&Mcon 0b.’28MAN $100
102
117
M 0sM4sg.’47
g... 1911 AAO
JAD 10 LH H874
Scries
AB 5a
$ 80
174 1)4 Income 5b. . . . , , .
102
117 103 Con
Ext Imp
Series
5s 1920....JAJ
1020....JAJ
.....
38
Con
M
Of
’82
4s.’37
J aJ
Ohio
AM
l
st.TSD
I
905M&N
is 1)4
.... 60
9H
|
K
CA
M
RyAB
5
b.’29 AAO |i o o
10-yr
s
f
5a
g.
1902
FAA
PlttsACon
1st
7a
1808JAJ
1524 154 Lums'n
K C 8t Jo AC B 7».’07 JAJ $120 ....... !
107% 107% Terminal 5a g.1941 O F lT T 119%
Pitt
Un
Trac
5s.
1097
JAJ
Boston
Land..
S t’reBOs.'OW MAs
P Collat.
Wit Atrust
Balt 4s.4b.1917
Boylston St L’d
RockAFS lBt78.*<’5 LA- fx >6“ 105 " PotomVal st 5s. 1941JAJ
.......
1921AAO
JAJA 10-5
Sec
(Pitta)
34.JJAJ
AD il3
EA StL l.it0 s g .’20 AAO * 40
’75%
54% 76 i LL 2d
107
103 lu Pitta
CASt
L
7s.
1900
FA
eabAvTu
A Roau
5a.5a’
1920
M 5-6 g..,.l 930 AAO
81%
«l%
Read
Co
gen
4a,
1997
JAJ
Mar H A O nt 0s... ‘25 AAO $110
....
13% 18N Mox
97% L<0
Rochester
Ry
cong’35J
5s.1930
116
.....
Central 5s. 1917 AAO $.........
115%
108
oh
RESide
I
st.5s
&
D
3d
aeriea
0a.
ii2
4a ................... 19U JA.I $ 02% 61
Ill
Scran
Trac
Iat 1sts *32M
ANA 101
■Ftdlson
El Elec?
IJ1...
12
13
1021 1952 2d
le i con Inc 3s g non-cnm
104
Union
Terra’l
5s. FA
Wavue
4
5
cou Inc 3a nou-cum..
United
N
J
4»..
1944
MAS
*
Va
t
State
)
3s
new.’32JAJ
8274
Franklin
Min’g.
New
Eng
T
ele6».’9'*
\
AO
13)4■4 14% 0 s ................... 190^AAO 5.00
UnSAnd
Tracaccrued
Pitts genOa’O?
J AJ ?it10774
Fund
debt.23r.1991J
AJ 78
French Bay
Ld.
Uni'
interest
VaA
Tenn
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General
Elect...
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Prof..
ti............. toon jaj 104
109 170 1st mort Os.. ,.190o JAJ $113

S a tu r d a y ,
Oct. 8.

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THE CHRONICLE.

O ctober 15, 1898.j

g r w z s tm m t

ROAD8.

AND

R a ilr o a d

In t e llig e n c e .

RAILROAD EARNINGS.
The fo llo w in g ta b le sh ow s th e gross ea rn in g s o f every
St e a m railroad from w h ic h regu lar w e ek ly or m o n th ly retu rn s
Dan be ob tain ed . The first tw o c olu m n s o f figures g iv e th e
gross earn in gs for th e la test w eek or m o n th , an d th e la st tw o
o olu m n s th e earn in gs for th e period from J a n u a ry 1 to a n d
in c lu d in g su ch la te st w eek or m on th .

Che returns of the street railways are brought together sep
arately on a subsequent page.
L a te s t G ross E a r n in g s .
R o ads.

W eek o r Mo

1898.

1897.

'83
L a te st Gross E a r n in g s .

J a n . 1 to L a te s t Date.
18 9 8 .

1897.

8
20,5651
1 9 ,8 8 7
A d ir o n d a c k ----- A u g u s t---1 4 4 .6 9 0
1 3 5 ,2 4 0
3
3
,4
5
9
A la . G t. S o u th .. ls t w k O c t
3 0 ,2 8 4 1 ,3 0 7 ,6 7 6 1,18 4,470
A la . M id la n d .. J u ly .
6 7 ,9 7 6 |
5 8 ,8 2 9
4 7 4 ,7 6 6
3 9 4 ,0 6 6
A la. N. O. T e x . & Pao. J a n e .
N O rl. & N. E S e p te m b 'r. 1 2 0 ,4 7 6
98 7 5 3 1 ,0 4 1 ,0 9 8
9 1 0 ,3 3 0
5 2 ,9 -6
3 8 .6 5 4
4 0 1 , 85
A la. & V ioksb. S e p te m b ’r.
4 * 1 ,8 1 9
5 *,830
4 0 ,7 4 6
4 8 3 ." 43
V ick s S k.& P . S e p te m b ’r.
3 7 3 ,2 5 6
A lle g h e n y V a l.. A u g u s t .. . . 2 4 4 .2 0 0 2 1 7 ,6 7 4 1 ,7 3 2 ,3 7 8 1 ,5 8 7 .4 0
2 7 ,6 5 6
2 7 ,1 0 5 1 ,1 0 5 ,6 2 8
A n n A r b o r ..........j i s tw k O ct.
9 7 6 .5 6 5
7,001
6 0 .4 31
A rk . M id la n d __ A u g u s t___
6 9 ,0 4 6
7 .9 9 5
A to h . T. AS. F e t A u g u s t___ 3 ,0 0 4 ,1 0 7 3 ,2 1 4 ,5 " 1 2 4 ,559,4 43 2 1 ,8 * 9 ,8 1 2
A tla n ta & C h a r J uly
1 7 3 ,948 1 2 7 ,9 3 7
9 7 0 .7 3 8 ,
9 3 1 ,8 7 6
27, 17
A tl. K n o x .A N o. A u g u s t___
2 7 ,0 3
203,5231
1 7 6 ,995
A tla n ta A W. P . A u g u s t___
4 7 ,7 0 6
4 4 .0 9 6
3 6 5 ,6 2 6
3 4 8 .6 5 6
A tla n . A D a n v .. ls t w k O ct.
13,7 0 9
1 2 .3 2 4
427 ,9 5 0 !
4 0 3 , 03
A u s tin & N ’w e s t'J u ly . . . .
9,1 6 5
8.865!
..........
2 ,3 5 0 ,7 7 0 2 ,3 7 1 .8 3 0 1 8 ,2 9 4 ,1 4 9 1 6 ,686.091
B a lt. A O h io ___A u g u s t..
B al. A O .8 o u ’w ls t w k O ct. 1 4 9 ,4 1 3 1 4 3 .0 2 7 5 ,3 5 2 ,3 6 6 4 ,8 1 7 .7 3 1
B a th A H a m ’ndf» A u g u s t
2,717
3 ,3 3 7
14,4 8 6
15,687
B lr. A A tla n tic . S e p te a ib ’r.
2 .4 7 6
2 ,4 3 1
1 8 ,3 5 2
10,2 96
55,4 1 6
B ru n s w ’kA W est J u ly .
5 0 ,9 3 8
3 5 3 .4 5 8
3 2 4 ,7 4 4
B a ff.R o c h .A P iU ,l* tw k O ct.
7 3 / 92
7 9 .8 6 8 2 ,9 0 4 .4 7 7 2 ,5 6 9 .3 5 2
B u ffalo A 8 u a q .. j \ u g u s t___
6 6 ,9 3 8
5 8 .2 4 0
3 8 5 .3 9 9
3 7 8 .8 0 8
B u r.C . R ap .A N. 4 th w k 8 e p t 1 8 2 ,3 7 8 1 5 2 .3 0 6 3 .2 '0 ,8 6 7 3 ,0 1 5 ,9 4 5
O a n a d ia n P a c itic ls tw k O ot. 6 3 4 ,0 0 66 s ,00 1 8 ,8 3 3 ,2 4 7 1 1 7 ,0 6 1 .3 40
C ar. M id la n d .... A u g u st . ..
4.'.61
3 7 .7 9 5
3 ,9 9 7
3 4 2 30
C e n t.o f G e o rg ia ls t w k O c t
1 3 6 ,2 0 9 1 3 5 .075 3 9 1 5 .1 9 6 3 ,7 5 7 ,1 0 4
C e n tra l of N. J . . A u g u s t___ 1.140,069 1.274,709 7 ,9 2 *,530 8 ,0 4 0 ,7 4 0
C e n tra l P a c ific J u l y ............ 1,300,1 L»| 1,40 0 ,5 7 8
U h a rle st’n A S a v J u ly .
49,296!
3 9 .8 6 6
4 3 5 ,8 4 8
3 8 9 ,4 9 7
C h as’u A W .C ar. M a rc h ........
8 7 ,5 2 9
7 9 ,5 0 4
260,4.57
2 4 1 ,1 88
C h a tta n ’g a 8 0 ..; ls tw k G ot.
1,0*3
1 ,4 4 7
6 2 ,3 4 8
56.6 62
C hes. & O h io ....! l s tw k O ct. 2 4 1 ,3 3 2 2 3 0 ,2 7 5 9 .0 0 1 ,1 7 3 8 4 8 1 .8 5 9
Chlo. B ur. A Q .d A u g u s t___ 4 .0 5 4 ,5 9 5 3 ,8 5 4 ,0 1 3 2 0 ,9 9 2 .5 4 3 '2 3 ,8 3 8 19
C hic. A East.111. le tw h O ct. 1 0 ', 814 113,53*4 3 .2 0 2 .0 8 2 2 ,9 5 4 .7 2 8
C hlo. G t. W est’ni l s tw k O c t
120,721
1 2 1 ,6 8 3 4,171.5781 3 .8 0 3 .9 3 8
C hic. In d . A L . ;ls t w k Oct.
6 •,3 42
7 0 ,9 1 4 2 .6 3 3 ,8 9 8 2 ,4 0 6 . 39
O hio.M il. A ftt.P ls tw k Oct. 9 2 2 ,1 0 4 8 0 2 .4 4 2 5 .9 2 8 . 4 9 |2 3 .2 5,792
O h lo .A N ’th w ’n . A u g u s t___ 3 ,4 1 4 .3 5 4 3 ,1 2 6 ,1 2 3 123 ,2 28,29 2 0 .4 0 6 ,9 4 5
G hio.P eo.dtS t.L . 'S e p te m b ’r
7 3 ,0 1 2
6 8 ,2 1 7
6 0 6 ,0 5 8
5 9 2 .1 08
C hlo.R ’ k I. A P.. A u g u s t__ 2 ,1 33,731 2 0 1 7 ,1 6 8 1 3 .3 1 4 .1 8 5 1 1 ,5 5 9 9 *9
C h lc.S t.P .M .A O A u g u s t___ 8 8 1 ,7 2 6 7 4 9 ,5 5 5 5,3 1 - ,471 4 ,8 5 8 .5 3 4
C h lo .T er.T r.R R . ls tw k O ct
2 3 ,5 9 9
8 0 1 ,8 0 3
2 3 ,1 8 3
8 0 0 ,4 6 2
Chlo. A W . M ich, ls tw k Oct.
4 8.5 0 5
3 4 ,2 1 3 1 ,4 5 7 ,5 8 0 1,218,007
C h o o .O k .A G u lf. A u g u st ...
1 3 8 ,908 1 0 -.6 2 4
9 9 9 ,995
6 8 8 ,6 2 6
C ln .G .A P o rts ’th S e p te m b ’r.
8*810
0 ,8 2 4
C ln .N .O . A T . P . S e p te m b ’r. 4 4 9 ,0 1 9 3 2 7 ,1 4 9 3,4**5,386 2 ,6 6 3 ,6 9 5
O ln .P o rts .A V ir. M a r c h ...
22,7 1 6
1 9 ,4 1 2
6 1 ,4 0 52,2 8 3
G le v .O a n .& S o .. I th w k S e p t
2 0 ,8 4 3
2 2 .0 8 2
5 1 9 ,9 1 2
4 5 5 .3 5 6
01 .0 1 n .C h .A 8 t.L 4 th w k S e p t 4 3 2 .2 1 2 3 8 1 /2 6 0 1 0 ,7 5 7 ,7 0 7 10.016,451
P e o . A E a s t’n S e p te m b ’r
1 7 0 ,8 0 6 1 0 8 ,098 1 .3 8 6 ,5 0 3 1 ,2 7 1 .3 2 5
01. L o r. A W heel ls t w k U ct
29.0 1 5
38.101 1 ,1 3 7 .0 2 4
9 5 6 865
OoL M id la n d ___ S e p te m b ’r
1 4 1 .6 2 8 1* 2.114 1 ,1 7 7 ,8 4 5 1 ,2 7 8 .4 8 0
Col. H . V. A T o l. S e p t n n l / r . 2 3,027 2 3 3 ,1 3 9 1 ,9 2 8 ,4 3 2 1 ,6 5 1 , 97
Col. 8 a n d ’y A H 4th wk S e p t
7 5 ,9 1 2
6 2 6 ,5 6
6 1 .5 5 0
4 9 4 ,9 .4
C o lu sa A L a k e .. S e p te m b 'r.
1,6 0 0
3,1 0 0
13,059
10 .4 5 5
C ry s ta l................. A u g u s t . .
1.165
1,311
9 .65-’
8.4*21
O u ra o T d V alley A u g u s t . .
85.001
8 4 .3 7 4
5 3 9 ,5 4 0
5 0 6 .5 8 5
D e n v . A R io G r ls t w k O ct. 1 9 9 .1 0 0 1 8 5 .500 6 ,3 6 0 .6 1 9 5 ,4 5 5 ,1 6 8
D e s M. N. A W.. J u ly
3 6 ,0 6
3 5 ,4 8 5
2 9 4 ,0 8 6
2 2 * .4 5 2
D ot. G. R ap . AW ls tw k O ct.
29,4 85
2 7 ,7 8 6 1 ,1 2 9 ,6 '1
9 0 5 3 52
D e t. A L im a No 3 d w k S ep t.
8 ,9 1 7
8 .7 6 2
3 0 1 ,7 5 3
1 8 0 ,8 2 9
D e t.A M ackin ac A u g u s t___
4 5 ,1 5 7
33.8 1 7
3 7 2 .5 3 "
3 3 6 732
D u lu th S.S.A A tl 4th wh S e p t
4 2 .4 5 0
46 ,4 1 4 1,376 O il 1 ,1 8 1 .8 8 0
E lg la J o l.A E a s t. S e p te m b ’r. 1 3 1 .4 8 0
9 7 ,0 6 8
8 5 0 ,8 1 2
,1 1 3 ,3 2 5
B r ie ....................... A u g u s t... 2 ,9 7 * ,0 i»7 3,181.79a* 2 1l.0
4 8 .0 0 i 2 0 ,9 2 8 ,7 9 4
E u r e k a S p rin g s. A u g u s t . ..
5,8 5 9
3 6 .3 0 9
4 3 ,6 6
7 ,7 8 6
E v a n s .& In d ’p ile ls tw k O ct.
5.6 8 5
2 3 3 ,0 3 2
6 ,3 5 0
2 2 5 ,7 8 7
E v a n s v . A T. H ls tw k O ct.
24,721
9 4.271
2 4 886
8
4
7 ,8 9 8
F in d . F t.W .A W J u ly ............
9,2 0
0,194
F itc h b u r g . . . . . A u g u st . . .
6 4 2 ,3 0 8 6 6 6 ,2 9 2 4 6 4 0 ,1 0 7 4 ,5 7 5 /2 9 7
F li n t A P . M arq . ls tw k O ct.
6 8 ,5 8 0
65,7 9 8 2 2 7 8 ,0 2 4 2 ,0 6.7 4 7
F la .C e n t.A Pen. 4 th w k S e p t
52,3 1 4
41.7 5 1 2 ,3 3 4 ,0 5 9 1 ,0 9 3 .* 7 8
F t.W ’th A D em C 3d wk s e p t,
3 1 ,7 7 7
3 2 .4 8 4
9 3 7 .4 2 7
8 0 4 ,9 1 3
F t. W. A R io G r ls tw k O ct
17,204
13,912
3 4 7 ,2 1 2
2 4 2 ,7 5 2
G a d s. A A tt. U . S e p te m b ’r.
544
647
5.3 1 8
6 .3 7 7
G e o rg ia RR. . . . ls tw k O ot.
41,9 0 8
4 1 .0 7 8
G e o rg ia A A la .. ls tw k O ct.
22 093
23 .9 4
9 0 6 .6 0 7
7 8 7 .1 3 0
G a. G a rd a A No. J u l y ............
6 5 ,3 0 6
5 8 ,2 0 7
408 800
4 8 5 ,8 1 0
G eo. So. A F l a . . S e p te m b ’r.
7 ,037
7 6 .4 1 0
7 1 8 ,9 8 8
0 3 2 389
G r.R a p . A End.. ls tw k Oot.
47 ,1 1 9
4 2 ,0 3 8 1 ,6 4 3 .8 3 2 1 ,1 8 0 ,8 3 2
C1U.R.A F t. W. ls t w k O ct.
10,1 9 3
8,6 0 4
342,04 8'
b07,«>74
f r a v e rs e C ity . ls t w k O ct.
834
759
31,3511
3 0 ,0 4 0
M as. G. R. A I ls tw k Oot.
2, 53
2,4 5 3
96.8561
8 ,* 21
T o t a ll Hues. ls tw k O ct.
6 0 ,9 9 9
53,7 5 4 2 ,1 1 4 .6 8 7 1 .9 06.900
G r.T r’n k S y s t’m ls tw k Oct. 5 2 7 .6 0 3 5 4 1 ,9 3 9 | 1 8 ,0 2 2 .0 5 1 17 ,3 9 0 ,7 4 3
O hio. A G r. T r 3 d w k S ep t.
72 .1 7 2
-------------- 1 2 ,1 7 2 ,1 3 3
6 3 ,1 4 4 1 2,007,3151
D et.G r.EI.A M 3 d w k S ep t.
19 ,9 7 8
18,9071
6 0 5 ,1 0 9
7 0 2 ,7 9 1
G r e a t N o rth ’n —
S t. P. M. A M. S e p te m b ’r* 2 ,2 8 2 ,0 8 7 2 ,0 4 " , 081 1 3 ,0 5 9 ,2 7 5 1 1 ,0 7 1 ,7 2 7
E a s t o f M inn. S e p te m b ’r. o 4 5 ,8 8 0 2 5 3 ,7 5 8 1, -03,703 1 ,2 4 3 .6 3 1
M o n ta n a C en t S e p te m b ’r. | 153,625 1 8 9 .9 1 0 1 ,4 6 2 ,7 8 1 .4 8 9 ,1 4 0
T o t. s y ste m S e p te u b ’r. 2 .7 8 1 ,5 9 2 2 ,4 88,755 1 6 ,0 8 5 .7 2 6 1 3 ,8 0 4 ,4 9 8
G d fB ’m ntA K .C . - e p te m b ’r 1 18.2 0
8,4 2 0
9 1 ,2 1 4
1 3 2 ,8 7 7
G u lf A C h icag o . S e p te m b ’r
4,5 4 5
3,0 3 3
3 4 ,6 9 0
3 0 ,3 7 8
H oos.T un.A W lL A u g u s t ....
5,6 1 4
5 ,8 5 4
3 4 ,4 5 0
35,8 9 1
H o u s.A T ex .C en ■Inly......... 2 1 3 .4 8 5 2 0 8 ,9 2 2
Illin o is C en tr a il S e p te m b ’r.! 12318769 1 2 3 46202 119973358 1 1 7 2 0 7 6 5 2
In d . D ec. A W est. M ay ............j
40,571
3 8 ,2 0 7
1 7 5 ,771
180,931
In d . HI. A Io w a . A u g u s t___
03 ,2 2 9
5 0 ,3 H8
5 6 7 ,3 0 6
4 9 8 ,3 7 5
I o.A G t. N o rth ’n. ls tw k O ct. 1 1 7 ,0*2
8 0 ,7 3 8 2 ,0 0 0 ,1 6 7 2 ,5 2 8 ,4 4 0
t/n te ro o . (M ex.) Wh S e p t. 24
5 0 ,7 0 0
4 6 ,9 4 0 2 .3 1 0 ,9 0 1 ,9 4 0 ,8 0 3
I owa fle n tru l
ls tw k O ct.
4 8 ,4 5 9
39.211 1.485 405 1 2 5 « > 5 3

W eek o r M o

1898.

1897.

J a n . 1 to L a te s t D a le .
1898.

1897.

$
8
3,8 4 2
Ir o n R a i lw a y .. -i S e p te m b ’r.
4 ,1 3 1
: 3 6 ,8 0 4
2 7 ,7 7 2
2 4 ,849
J a c k . T. A K.
A u g u st . ..
19,603
2 4 2 ,4 3 z
2 0 5 .0 9 2
10,444
K a n a w ’a<fcMich| ls tw k O ct.
1 0 .9 0 0
4 2 5 ,6 0 2
3 9 7 ,1 5 2
K .C .F. S c o tt AM . 4 th w k S e p t 1 0 9 ,1 2 2
12 *,395 3, 3 6 ,098 3 ,4 7 9 ,8 8 9
2 4 ,075 1 ,0 3 4 .8 8 8
^ 8 ,1 4 3
K .C .M em . A B ir .; 4 th w k S e p t
8 3 1 ,6 2 0
2 7 ,3 3 9
K a n . C. N. W ....IS e p te m b ’r.
3 1 ,2 1 0
2 4 7 ,9 9 9
2 5 2 ,9 5 0
5,1 5 9
K an . C ity A Om. 1 4 th w k S ep t
6,2 0 9
; 1 7 7 ,6 0 6
1 8 5 .3 4 6
6 1 .058
K. C. P itts . A G . Il s t w k Oct.
5 5 ,9 4 4 2 ,4 7 8 ,8 1 5 1 .6 5 6 ,0 6 6
’ 1 1 ,039
K a n .C .S u b .B e lt.|l8tw k O ct.
*8,974
'3 ^ 4 ,3 4 6
*290,132
15,451
K eokukA W est.c 4 th w k S e p t
1 9 .783
4 1 5 ,6 4 7
4 2 7 .0 3 6
67,866
twest..
k O ct.
7 0 ,141 2 ,6 3 0 ,3 1 9 2 ,6 1 9 ,8 1 0
L.
E r ie A1sW
3 2 ,353
L e h ig h A H u d .. S e p te m b ’r.
3 6 ,7 5 0
2 7 5 .2 7 6
2 7 0 ,9 2 0
L e h ig h V al. R R . A u g u s t___ 1,773,605 2 .0 1 1 ,1 7 4 1 1 .9 0 6 ,2 8 1 1 1 ,7 6 0 ,8 6 8
Leh. V . C oal Co. A u g u st . . 1,415,173 1,58 1 ,0 3 5 9 ,3 3 9 ,2 3 7 9 ,4 1 4 ,8 7 1
2 4 ,1 3 2
1 7 ,182
L e x ’g to n & E a s t A u g u s t ..
1 48,654
1 38,709
L ong Is la n d R R S e p te m b ’r. 5 3 7 ,5 0 1 4 6 1 ,1 7 7 3, 2 2 .4 4 9 3 ,2 1 7 .2 5 4
L o n g Is. S ystem . S e p te m b ’r
5 8 5 ,1 7 6 5 0 6 ,7 2 3 3 ,8 4 4 ,1 6 2 3 ,5 4 4 Q51
8,489
L os A ng. T e rm .. S e p te m b ’r.
8 ,0 4 6
7 0 ,1 0 4
7 2 ,5 2 3
3 2 ,5 3 6
L ouis. E v.A S t.L . l s t w k O ct.
3 4 ,656 1 ,1 7 1 ,5 8 9 1 ,0 8 7 ,2 7 3
Lou. EL A St. L .. ls t w k O ct.
1 1 ,461
1 4 ,286
3 7 5 ,5 1 4
3 7 6 ,2 4 3
L ouisv.A N ashv. l s t w k O ct. 4 6 5 ,6 4 0 4 2 5 ,5 5 1 7 ,0 2 5 ,4 8 5 1 5 ,6 4 3 ,3 7 0
M acon A B irm .. S e p te m b ’r.
5 ,8 1 2
5,1 1 9
4 0 ,021
4 3 /2 4 8
M a n is tiq u e ___ S e p te m b ’r.
6 ,3 6 8
11,261
8 5 ,744
9 7 .5 1 9
t M e x ic a n C ent. ls t w k O ct. 28 7 .4 0 7
2 2 6 ,3 1 2 1 0 ,0 0 9 ,7 6 5 9 ,6 1 5 ,6 2 8
M ex ic a n In te rd . A u g u st . .
28 1 ,4 9 1 23 4 .7 4 7 2 ,2 1 5 ,4 7 4 2,0 1 7 ,5 5 9
{M ex. N a tio n a l ls t w k O ct.
1 1 3 ,2 8 6 1 0 8 .4 5 0 4 ,6 3 1 ,6 8 2 4 .5 3 5 ,0 6 3
M ex. N o rth e rn . M ay
4 4 .3 5 2
4 8 ,7 1 5
2 2 8 ,7 9 3
2 7 1 ,7 4 9
I M ex ic a n R’w av W kS ept 24
7 8 .0 0 0
7 1 ,0 0 0 3 ,0 1 8 4 00 2 .7 3 8 ,5 0 0
M ex ic a n So.
5, 9 0
3 d w k Sept,
8.113
4 7 3 ,1 0 9
5 0 5 ,6 5 8
4 9 ,957
M iu n ea p .A S t.L . l s t w k O ct.
5 7 ,4 7 6 1 ,6 1 7 ,9 0 8 1 ,5 6 5 ,0 -3
M.
S t.P .Als
S .S
. ct. 10 8 ,* 0 3 1 0 5 ,2 8 5 3.058,3.52 2 ,7 3 6 .6 5 2
t wt.M
k O
Mo. K a n . A T ex l s t w k O ct. 33 0 ,5 3 7 3 1 4 ,1 8 4 8 ,2 5 1 ,1 4 0 8 /2 8 5 ,7 3 4
M o .P ae.A lro n M ls tw k Oct. 5 7 -.0 0 0 554,00* 19 ,6 3 5 .1 1 4 1 7 ,9 6 6 .7 6 1
C e n tra l B r ’oh l s t w k O ct.
2 3 .000
25,00'
1, 0 5 ,3 5 4
8 4 6 ,3 7 7
T o t a l............. ls tw k O ct. 6 0 1 ,0 0
5 7 9 .0 0 2 0 .6 4 0 ,4 6 8 1 8 .8 1 3 ,1 3 8
M obile A B irm .. ls tw k Oct.
8,468
6 ,3 3 4
2 7 3 ,3 2 6
2 2 5 ,9 9 0
M obile A O hio. S e p te m b ’r. 3 7 2 .8 0 0 3 4 3 .4 5 7 3 ,1 1 9 /2 4 4 2,^*32,037
M ont.A M ex.G ’f e p te m b ’r.
8 4 ,« 9 4 1 20.562 1,07 1 ,6 4 3 1 .0 2 3 ,7 7 0
N a sh .C h .A S t.L , S e p te m b ’r. 5 2 8 ,1 7 8
4 8 6 .6 5 2 4 ,3 3 9 .3 ? ! 4 ,0 0 7 ,7 4 8
N e v a d a C e n tra l. A u g u s t___
2,0 7 5
3,245
N. Y. C. A H .R . A u g u st
3,97 8,837 4 ,2 4 6 ,8 7 29. 49,477 2 9 ,2 2 0 .8 0 5
N. Y .O n t.A W
ls tw k O ct.
6 2 .118
67,4 0 - 2 ,8 7 4 9 4 0 2 ,9 8 6 ,2 8 6
N. Y. Susq. A W. M ay.
185,850 181,922
8 63,250
8 2 6 ,6 6 3
N orfolk & W est. ln tw k O ct. 27 4 ,3 0 7 2 3 9 ,1 7 9 8,531.101 8,2 0 .4 7 0
N o rth ’n A la.R y. 4 th w h S e p t
5,8 4 1
4,2 6 9
1 46,434
1 2 7 ,4 7 6
N o rth e s ’n (G a.). J u ly ............
4/2*H
4.313
3 0 .7 6 7
3-2,192
N o rth e ’8’n(S.C.) M a rc h ........
5 0 ,2 3 0
4 5 ,8 7 0
16 2 ,6 7 6
1 6 0 ,1 5 9
N ort h ’n C e n tra l. A u g u s t ...
5 6 0 .7 3 6 6 3 5 ,0 9 8 4 ,1 0 4 ,0 4 5 4 ,2 0 ,1 8 6
N o rth ’n P acitio. 4 th w k S e p t 92 2 ,5 5 3 8 7 0 ,3 8 9 1 7 ,1 7 5 .6 1 5 1 3 ,8 2 4 ,6 3 1
O hio R iv e r
ls tw k O ot.
2 7 ,328
2 7 ,235
7 2 9 ,2 0 3
7 2 3 ,6 1 1
O hio R iv .A C h a8. A u g u s t___
14,17*
12,744
128.040
1 1 2 ,0 5 0
O hio R iv .A L .E M a y ...........
2,8 0 0
1,901
12,255
1 0 ,809
O hio S o u th e rn .. S e p te m b ’r.
0 6 ,1 6 9
70.4*1
4 8 4 .2 * 0
4
8 2 ,7 0 5
O m .K an. C .A E 2d w kM eh.
14,246
1 1 ,583
158.55
1 14,754
O re g .R R .A N a v
s tw k Oct- 2 1 7 .2 3 8
1 0 9 ,3 3 6 5 ,2 7 9 ,7 8 3
,8 6 6 ,9 3 4
O reg. Sh. L in e .. A u g u s t___ 5 8 5 ,8 2 2 501,414 4 /204,94 8 33 ,7
6 6 ,7 6 1
Pao. C o a s t Co A u g u s t___ 4 5 3 ,9 5 0 4*1 183 3 .6 0 5 .0 3 0 2 .4 8 0 ,1 6 0
P ao id o M a li... A u g u s t__
4 4 4 .4 0 8 331,117 3 ,0 7 2 ,9 o 3 2 ,9 5 0 ,2 9 6
A u g u s t___ 6,72 3 ,0 6 1 5,858,961 42/218,667 4 0 .9 2 8 ,8 0 7
PeoriaD ec.& E v. ls tw k O ct.
2 1 .904
1 7 / 50
6 7 2 ,7 3 5
6 9 0 ,6 3 8
P e te r s b u r g ........ July
5 3 ,1 0 9
4 3 ,358
3 9 7 ,0 4 6
3 5 5 .0 7 1
P iiila. & E r ie ... A u g u st___ 4 0 1 ,4 0 5 4 5 0 .2 3 0 2 .7 1 1 ,2 2 3 2 ,7
75
P h ila. A R e a d ... A u g u st___ 1 ,9 6 9 ,5 4 0 1,88 8 ,5 3 8 13,698,201 1 3 ,2 00 53 .6
,8 3 4
C oal A Ir. Co A u g u s t___ 1 .8 5 9 ,5 8 2 ,1 2 8 .0 9 t 1 2 ,5 4 2 ,4 5 2
1
3
,2
6
9
,5
0
T o t. b o th Co’s. A u g u s t___ 3 ,5 6 9 .0 7 8 4,01 6 ,6 3 4 2 6 /2 4 0 .^ 3 3 2 0 ,4 7 3 .3 4 06
P hil. R. A N. E A u g u s t..
0 6 .2 7 4
58.14
4 0 9 ,9 4 0
4 0 3 .1 6 5
P hil. W ilm . A B. \ u g u s t___ 9 9 1 ,0 2 7 93 0 ,5 2 7 6 .5 0 1 .0 3 0
2 2 .3 8 8
Pitts.O .O .A S t.L , A u g u st___ 1,389,807 1,322 ,4 9 4 1 0 ,160,983 69 ,0
,3
* 9 .7 2 8
P ittrt.L isb .A Wn “e p te m b ’r.
4,0 1 2
4,0 1 6
3 3 ,549
3 2 ,0 7 4
P itts . B ee.& L .E . ls tw k O ct.
2 8 .8 4 8
9,5 5 3 1,018,127
4
4
9 .0 4 9
P itts . A W es’n .. 1th w k S e p t
5 l,o 07
4 8 ,8 5 9 1,323,02*2 1,2 6 9 3 8 0
P itts . Cl. A Tol. 4 th w k S e p t
3 0 ,5 0 4
2 6 ,1 0 /
8 0 2 ,2 4 6
6
3
5
,6 5 3
P itts . P a . A F . 4 th w k S e p t
1 2 ,999
ll,o 4 4
2 76,744
2 5 7 ,8 0 4
T o ta l s y ste m ls tw k O ct.
0 3 ,8 1 7
6 ,013 2 ,4 7 9 /4 1 0 2 /2 4 1 ,2 4 0
P ittsb .Y o . A A .. A u g u st___
158,321
169,56*. 1,01 5 ,1 6 3
9 0 3 .5 6 0
K ic ii.F r’s s o A P . A u g u s t___
tO ,6 54
5 8 1 ,0 9 5 0 ,1 2 8
4 8 0 ,4 5 2
R ich. A P e te rs b . J u l y ............
3 2 .2 4 2
2 6 ,853
23 0 ,3 6 6
2 5,3 7 3
Kio G ra n d e J o t J u l y ............
3 5 ,0 4 8
4 0 .344
2 1 0 ,6 1 0
1 73,807
R io G ra u d e So’n ls tw k Oct.
9 .0 0 0
3 5 4 ,0 9 0
8.0 5 7
2 7 8 ,6 2 9
Rio o r ’d e W est. ls tw k Oot.
5 7 ,300
6 1 ,1 0 0 2 ,4 5 6 ,6 2 8 2 ,1 2 4 ,7 3 0
St. J o s . A G r .I .. . ls tw k O ct.
3 6 ,9 4 0
909,4', 8
31,031
8 4 9 ,0 4 3
St. L .C hi. A St. P S e p te m b ’r.
3 1 ,1 6 7
23 4 36
247.7 76
2 1 3 ,1 9 0
St.L . K eu’etA So S e p te m b ’r.
7 ,0 5 7
4 8 ,794
0 .7 8 2
.1 6 5
8 t.L .A S a n F ra n . lm w k O ct. 1 4 2 ,0 5 7 139,5*20 5 ,0 9 1 ,0 3 4 4 .7 84 53 ,2
53
St. L. S o u th w est. ls tw k Oot. 1 42,996 13 ,935 3 ,8 3 0 ,4 3 3
3 ,3 7 4 ,5 3 0
St. P a u l A D u l.. S e p te m b ’r. 1 8 3 ,9 1 9
177,391 1 ,1 5 7 ,1 3 4 1 ,0 9 4 ,3 2 3
San. A nt. A A .P A u g u s t___ 1 7 2 ,8 4 5 2 0 3 ,7 5 6
San F r a n .A N .P S e p te m b ’r.
9 2 ,9 0 6
85 Oo3
63 V 26*1
590 684
S. F e P res. A P h . S e p te m b ’r.
0 »,1 0 j
5 4 .5 0 0
0 0 6 ,5 2 0
5 7 698
S a v .F ia .A W est. J u l y ..
4 2 1 ,0 6 7 2 5 5 .4 0 4 2 ,4 8 2 .3 8 0 1 ,9 9 0 .1 0 8
S her.S hrey.A S o. 4 th w k S p t
1 3 .782
J 8 ,9 2 6
2 1 2 ,5 6 4
1 9 8 .1 8 6
811. S p rs. O. A G. J u ly
y
27.719
1 4 ,909
1 6 0 ,1 5 3
1 15 4 98
S il v e r t o u ............J u ly
6.054
1.100
S ioux C. A N o r. J u ly
2 0 ,78b
18,928
1 3 2 ,9 1 8
1 19 7 99
S o .H a v e n A E a s t J u n e * " I ”
3,1 0 0
2.535
12,454
10>788
So. P ao itlc Co.
G al. H a r. A 8 .AI J u ly
L ouls’a. W e s t.'J u ly ’
M o rg a n 's !, AT. J u l y ’
N .Y . T . A M ey. J u ly
T e x . A N . O r ! . J u ly ____
A tl. P r o p ’te s .h J u l y ............
8 0 . P ao. of Cal. J u l y ............
B o.P ao.ofA rlz. J u l y ............
So.Pao.ofN .M . J u l y ............
Paolflo sy ste m J u l y ............
T o ta l of a ll.f A u g u s t . . .
S o u th e rn R y .g .. ls t w k Oot.
StonyO l. A ('.M l J u l y ...........
T e x a s C e n t r a l . . 4 th w k S e p t
T e x a s & Paolflo ls t w k O ct.
T ex. 8. V.A N.W. S e p te m b ’r.
Toi.& O lU oC ent. ls tw k Oot.
Tol. P. A W est.. 4 th w k S ep t
T o l.S t. L . A K.C. ls tw k O ct.
O nio n P a o . 8 K .. A u y u f l __
U u .P .D e n .A G .. 2(1 WK S e p t,
W ab ash .............. ls tw k Oot.
Waco A N o rth w J u n e .........
W. J e r s e y A s e a ’e A u g u s t___
W .V .C en.A P ltte Septomb’r.
W estV a .A P ltts. J 'f i y ...........
W estern of Ala. A u g u st
W est. N.Y. A Pa. ls tw k O c t
W heel. A L. E rie ls t w k O ct.
W llk e sb .A E a st. A p r il.........

3 9 3 .6 8 2 3 4 0 .7 0 2
1 03.836
7 6 ,5 8 7
5 *0,894 40 1 ,1 7 4
25.373
2 4 .344
1 60.428
1 26 674
1,24 7 ,4 9 9 98 3 .7 0 3
1,09 1 ,3 6 2 1 ,3 6 0 .3 1 7
170 0 34
191,649
1 08.400
94 3 85
2 ,9 6 9 ,3 3 0 3 29 9 ,5 6 6
4,845,374 4 ,8 8 9 ,1 0
5 0 7 ,9 9 5 469,447
9.425
7.4 9 8
12.788
12 102
166,242
139.194
6.606
4,569
3 0 .2 2 9
4 1 .415
29.311
2 1 .837
4 9 ,4 8 9
5 1 ,385
1.584 831 1,62*,109
7 4 .5 1 2
76/254
3 0 8 ,7 3 6 29 0 .2 0 0
9,221
12.136
4 5 3 .2 5 0 444.641
9 8 ,38b
100,131
3 0 .7 3 4
3 3.502
4 7 .0 8 1
4 4 .0 4 0
6 3 ,0 0 0
7 5 ,000
3 1 ,343
3 1 .003
3 4 ,497
27.433

3 6 ,6 2 1 ,7 6 3 3 1 ,7 9 .612
16 ,8 0 4 .3 0 9 1 5 ,010 7 55
19/2 I m
1 ,312
20 4 .8 8 9
1 75.155
5 .3 7 0 76
4 ,9 2 7 269
3 6 328
2 5 .8 5 0
1 ,8 7 5 .1 6 4 1,2 0 9 8 52
7 2 40
6 6 6 .4 1 6
1,680 313 1,694,3«’7
1 0 .7 4 1 .2 2 0 9 .7 0 4 .1 2 1
2,542,141 2/28 5 ,1 7 2
10 ,3 4 4 .8 0 9 ,0 7 4 /2 4 9
0 751
9 7 ,5 1 8
1,871,803 1 ,8 0 5 ,9 4 3
8 73,098
8 4 9 .4 2 5
212,867
21H 8 5 4
39 7 ,1 2 8
3 8 7 .4 3 8
2 ,3 0 4 .2 9 1 2 .2 7 7 .1 1 8
1,109,543
7 6 0 ,0 4 6

7H

THE CHRONICLE.
L a te s t G ross E a r n in g s .

Weaker Mo
W tl. C o L A A n g .
W isc o n sin C e n t
W rig h te v .A T en
T e r * S o u th e rn

M aro h —
l s tw k O ot.
A u g u s t—
A u g u s t .. . .

18 9 8 .
*
6 9 ,2 7 0
1 0 (,43*
6,6 8 7
6 .0 6 2

18 9 7 .
*
5 6 .1 8 0
1 0 6 ,4 4 ?
8,0 9 3
6 ,9 5 9

an. 1

to Laie*> Dote.

$
2 0 5 ,0 2 2
3 ,7 4 9 ,9 -1
53,5 4 1
4 7 ,0 3 0

»
186,857
3 ,3 8 7 .6 5 0
5 1 ,7 8 9
4 3 ,2 0 3

• T h ee# d g u rt's In c lu d e r e m it* o n le a s e d lin e s . 6 I n o lu d e s e a r n in g s
fro m fe rr ie s , e tc ., n o t g iv e n s e p a r a te ly .
c I n o lu d e s D os M o in es A
K a n s a s C ity fo r a ll p e rio d s .
d In a lu d e s o p e ra tio n s o f tlie O hio. B u r
lin g to n & N o rth e rn In b o th y e a r s .
t In o lu d e s r e s u lts o n A. T. <fe S.
F e , G u lf C o l .* s Fe. 8. F e P a o itio 'o ld A tla n tic A P a e ttlo i a n d So.
C al. R y .
f In o lu d e * t h e Paoilio s y s te m , th e A tla n tic p r o p e r ti e s a n d
th e H o u sto n A T e x a s C e n tra l s y ste m , g B e g in n in g J u ly , e a r n in g s of
M em p h is D iv is io n a n d M ld d le sb o ro u g h A A ik e n b r a n d ie s a r o in o lu d e d
f o r b o th y e a r s .
* R e s u lts o n K a n s a s C ity A I n d e p e n d e n c e A ir B in e a r e n o t ln o lu d e d
f o r e ith e r y e a r .
t In c lu d e s C h e s a p e a k e A O h i* So’w e s te rn to r b o th y e a r s , b u t O hio
V alley a n d C h ic ag o - n d T e x a s fo r 1 8 9 8 o n ly . R e s u lts o n Y a zo o B r a n c h
e x c lu d e d a f t e r J u l y 1 1 * 9 8
1 M e x ic a n c u rre n c y .
, H C o v e rs r e s u lts o f fine* d lr e o tly o p e r a te d e a s t o f P it ts b u r g .

L a te st d r o s s E a r n in g s by W eek s.—The la te s t w e a k ly e a r n 
in g s in th e fo r eg o in g are sep a ra tely su m m ed up as fo llo w s:
For th e first w eek o f O ctober our prelim in ary s ta te m e n t
co v ers 68 roads, and sh o w s 5 ’75 per c e n t in c re a se in th e
a g g r e g a te ev er t no sam e w eek la st year,
Is* w eek o f October.
M U
A la b a m a G t. S o u t l e r a . . .
A n n A rb o r................. . . . . . .
A tla n tic A D a n v ille ..........
B a it. & O k ie S o u th w e s t..
RnfT R ack . «te Pitt,a___
C a n a d ia n P a o lfio _______
C e n tr a l o f G e o rg ia ..........
C h a tta n o o g a S o u th e r n ..
C h e s a p e a k e & O h io ---O h lo a io A F a s t. I llin o o
f h ie . G re a t W e s te r n ....
C h ic .ltd ia ti’lis A L o u isv
1 b lcajro -Milw. A 8 t. P au
C hic. T e rm . T r a n s f e r
O k ie a ^ o & W e s t M ioM gaC lev. L o ra in A W h e e i’g .
D e n v e r A R io G r a n d e ..
D e t. G d. R a p id s A W est
ShranBV. <fc In d ia n a p o lis .
S v &ilbt . A T e rr e H a u te .
F li n t * Per© M a rq u e tte .
F t-W o rth A R io G ra n d e .
C teoreia A A l a b a m a . .. ..
G ra n d R ap id s A I n d ia n a
C iu. R ic h . A F t, W ay n e
T r a v e rs e C ity .............
M ask . G r. R ap . & I n d . .
G ra n d T r u n k ........... .......j
C hlo A G ra n d T r u n k >
P e t. G d. H . A M ..........)
I n te r n a tio n a l A G t. N o ..
lo w * C e n tr a l........ - . . . . . .
K A navrba A M i c h i g a n ....
K a n . C ity P i t u b . A G u lf
K j u i . C ity S ub . B e l t . . . . . .
Erl© * W e s te rn ........
L a u la v . EraD B T. A S t. L
L o u isv . H s n d . <Ii S t. L . . .
L cb I sy HI© A N a s h v ille ...
M ex ic a n C e n tr a l........ .
M exlo an N a tio n a l...........
M in n ea p o lis A 8 t. L o u is
M inn. 8 t. P . A S . 8 te . M.
M s. K a n s a s A T e x a s ___
Mo. P ao iflo A I r e n M t .. .
M o b ile A B ir m in u h a m ..
* v O n ta rio A W e s te n
N01 fo lk A W e s te rn .......... .
O regon R R . A Na-v ........
P e o ria Deo. A E v &b s y . ..
P itts . B ess. A L. Erl©—
P itts b u r g A W e s te rn ----B le G ra n d e S o u th e r n —
R io G ra n d e W e s te rn ----8t. J o s e p h A Gd. r» la n d
8t. L o u is A S a n F r a n ----Bt. L o u is S o n tb w e e ta r n .
S o u th e rn R a l l w a r _____
T o led o A O hio C e n tr a l..
T o led o S t. L. A K a n .C ity
W ab a sh ............................
W e s te rn N .Y . A P e n n ...
W h ee lin g A L a k e E r ie ..
W isco n sin C e n tr a l_____
T o ta l 168 m a d s ) _____
Wet in o re a s e (5*75 p . o.)..

1898.

1897,

$
3 3 ,4 5 9
2 7 .6 5 6
13,7 0 9
1 4 9 ,4 1 3
7 3 .6 9 2
6 3 4 001
1 3 0 ,2 0 9
1 ,0 1 3
2 4 1 ,3 3 2
) 07,1-14
120.721
6 9 ,3 4 2
9 2 2 ,1 0 4
2 3 ,5 9 9
4*.505
29.015
1 9 9 , ICO
29,4 8 5
5,685
24.721
6 8 .5 8 0
1 7 ,2 0 4
41.31,8
2 2 ,0 9 3
4 7 .IL 9
10,193
834
2,853

S
3 0 ,2 8 4
27,1 0 5
12,324
148,027
7 9 ,8 6 8
6 6 8 .0 0 C
1 3 5 ,075
1.447
2 3 0 /4 7 5
113,531*
1 2 1 ,6 8 ;
7 0 ,9 1 4
802,404
2 3,18?
3 4 ,2 1 3
3 8 .1 0 )
1 8 5 ,5C0
2 7 ,7 8 6
e ,3 5 (
2 4 ,8 8 6
85,7911 3 .9 U
41,07?
23,694
42,0 3 8
8,504
759
2,451

5 2 7 ,6 0 3

511,931

1 1 7 ,0 f2
4 8 ,4 5 9
10 ,4 4
61,1:58
. 11.031
6 7 .8 6 6
3 2 ,5 3 6
1 1 ,4 6 )
4 6 5 ,6 4 0
f2 8 7 .« 0 7
1 1 3 ,2 8 6
4 ^ ,957
1 0 8 ,8 0 3
3 3 0 ,537
5 7 8 ,00<
23.0 0 0
8,466
6 2 ,1 1 8
274,: 07
27.3>8
2 1 7 ,2 3 8
2 ).9 0 4
2 8 ,8 4 8
63,817
9,00<
57.30(
3 0 .9 4 0
1 4 2 ,0 5 '
1 4 2 ,9 9 6
5 0 7 ,9 9 :
1 6 6 ,2 4 2
36,211
49.4 8 9
3 0 3 .7 8 6
6 3 .6 0 c
31,34?:
1 0 3 ,4 3 8

8 8 ,7 3 8
39,211
10,981
5 5 ,9 14
8,974
7 0 ,) 4 i
3 4 ,6 5 6
14,2 8 6
4 2 5 ,5 5 1
2 2 6 ,3 1 2
1 0 8 ,4 5 0
57,471
1 0 5 ,2 8 5
314. U 4
554.00*
2 5 .0 0 '
6 ,3 3 4
6 7 ,4 0 8
2 3 0 ,1 7 9
2 7 ,2 3 5
1 8 * ,3 3 6
17,0 5 0
9.553
67,01?
8 ,0 5 '
6 1 .1 0 0
31,0 3 1
139,521
130,931
4 6 9 ,4 4 7
1 3 8 ,1 9 4
4 1 .4 1 5
5 1 ,3 * 5
2 9 0 ,2 0 0
7 5 .0 0 0
31,0 8 3
1 0 6 ,4 4 2

8 ,3 0 4 .9 5 9

7 ,8 5 3 ,2 4 7

In c r e a s e .
$
3 ,1 7 f
551
1,385
6 ,3 8 6

D ecrease.
9
.....a ..
........
........
’ *6*176
3 4 ,0 0 0

" 1 ,1 3 4
1 1 ,0 5 7

404
5,721
962
1,572

1 1 9 ,7 0 0
416
14,292
9,086
1 3 ,6 0
1,6 9 9
....
2 ,7 8 2
3,29*
230
5,081
1,689
7i
400

. . . . ...
665
165
............
1,601
........

14,333
2 8 .9 1 4
9,24?
5,114
2,0 6 5
. . . . ..
40,085
6 i.(9 :
4,8iR
3,51*
16,35?
2 4 ,00<

___ . . .
. . . . ...
536
....
.... 2,275
2,120
2,825
........
. . . . ..
......
7,519

2,000

3,1 3 4
5,290
8 5 ,1 2 8
93
2 7 ,9 0 2
4 ,8 5 .
1 9 .2 9 5

....

943

5,909
2 ,53'J
12,061
38.541*
27,C48
1 8 ,5 3 6
26C
6 7 7 ,1 5 0
4 5 1 ,7 1 2

....
3,196
........
3,800
. ... ...
... . ...
5,186
1.895
... . ,
11,400
**3,004
1 25,738

.......

For th e fou rth w eek of S eptem ber our final s ta te m e n t covers
82 roads and sh o w s 6-67 per o e n t inorease in t h e a g g reg a te
over th e sam e w eek la st y ear.
A th w eek o f S ep tem b er.

1898.

*
P r e v io u s ly r a p ’d 'C 2 r ’de 10,632.561
1 489
C h a tta n o o g a S o u th e r n ..
5 9 ,6 6 :
C h ic a g o A W, M ich ig an ..
20,8 4 3
C lev. C a n to n A S o u th ’d.
432.21*
O iev. Oil). C hlo. A 8 t. L.
19,854
Col. S a n d u s k y A H o c k ’g.
4 2 ,4 7 (
D o t, G d. R a p . A W e ste rn
42,45<
D u lu th So. c h o re A A t . ..
52.314
F la . C e n t, A P e n in s u la r
30,20s1
0 9 .1 2 2
K e n . C ity F t. 8. A M em .
23 14
K a n , C. M em . A B irin ___
5,1 5 9
«»!.«»* C ity A O m a h a . . .

1897.
8
9 ,9 5 1 .6 5 0
1,6 7 5
5 0 .8 2 9
22,08V
3 9 1 ,2 6 0
20,8 3 2
3 3 ,1 5 8
45,414
41,751
3 3 ,3 3 :
1 2 3 ,-9 5
2 4 ,0 7 5
6,209

•i(h w eek o f S eptem ber,

1897

1898.

In c re a se .
9
7 9 2 ,57(
8 ,8 3 3

D ecrease.
$
11 1 ,6 6 3
186
i,2 3 9

5 0 ,9 5 2

.......
9,312
.......

2.964

... . ..

3.1 3 0
14,273

10.56*

4,08*

6,978

• T .0 5 0

K eo k u k A W a s te r s ...........
tfobil© & B lr in tn r U a m ...
N o rth e rn A la b a m a .. ..
N o rth e rn P a c ific _______
Rio G rand© W e s te rn .
B h erm a u SU reve. A; S o ...
T e x a s C e n tra l . . . . . . . .
iVeet. N. Y. A P e u n s y lv

[V o l ,
1898.

1897.

*
15,451
16,119
5,841
922 5 i?
1 09.900
1 8 .9 2 6
12.788
88,901

*
1 9 ,783
9,134 ,2 t 9
8 7 0 ,3 i9
112.10.
13,782
12,101
102,3 0!

T o ta l r82 ro a d s) . . . .. 12 ,6 6 6 ,3 5 8 11,885,226
V e tte o r e a s e {6*57 p. e.L .

LX VII,

In c rea se ,

Decrease.

8

$

6,9 8 0
1,572
5 2 ,16*
5.1 4 4
68 d

’2 .2 OO
1 3 ,8 0 0

942,844
7 8 1 ,1 3 2

1 6 1 ,7 1 2

N et E a r n in g s M o n th ly to L a test D a te s.—The tab le fo llo w 
ing sh o w s th e gross and n e t e arn in gs o f S t e a m railroad s
reported th is w eek . A fu ll d eta iled sta te m e n t, in c lu d in g a ll
roads from w h ic h m o n th ly retu rn s oan be ob tain ed , is g iv e n
once a m ou th in th e se oolu m n s, and th e la te s t sta te m e n t o f
5his kind will be found in the Chronicle of September 24,
1898. The n e x t will appear in the issue of October 22, 1898,
Gross E a r n in g s . — , ■-----E e l E a r n in g s .— *
18 9 8 .
1897.
1898.
18 9 7 .
R oads.
$
$
*
$
B uffalo C ity (la s . S opt.
1 8 .865
..............
O ct. 1 t o S e p t. 3 0 ..
3 1 0 ,1 5 3
..............
B u rl. C ed. R. A N o .a A ug.
15 5 ,4 3 0
387,.*38
1 4 3 ,8 5 0
1 1 8 ,7 2 8
J u n . 1 to A ug. 3 1 . . . . 2 ,0 8 7 ,1 6 9 2 ,6 5 0 ,5 1 0
8 1 8 ,2 0 1
7 6 5 ,1 9 5
3 7 9 ,8 5 4
O h ic ag o A E a s t TU .b.A ug.
3 0 0 P48
1 69,538
1 2 2 ,6 1 0
J a n . 1 to A ug. 3 1 . . . . 2 ,6 9 9 .4 8 6 2 .4 9 4 ,6 1 8 1 1 64,977 1 ,0 0 9 .5 0 9
70 0 .3 6 1
J u l y 1 to A u g . 3 1 ___
5 7 4 ,7 2 1
3 0 1 ,1 6 6
2 2 6 ,5 2 5
Ohio. In d . A L o u is .a . A ug.
3 0 9 ,2 3 0
11 1 ,2 5 0
3 0 6 ,9 6 9
9 7 ,1 8 4
J a n 1 to A ug. 3 1 ........ 2 ,1 4 4 ,1 8 3 2 ,0 2 7 .5 5 7
5 8 9 ,1 7 0
6 1 0 .5 8 6
J u ly 1 t o A ug. 3 1 ___
6 0 3 ,8 7 5
6 1 0 .2 6 4
1 9 0 .1 0 1
2 0 8 ,7 1 5
C in. P o r ls . A V a b J u l y 1 to A ug. 3 1 ........
5 0 ,7 1 1
5 0 ,312
1 4 .5 7 0
16,263
4 5 ,1 5 7
D e tro it A M aok’o . a A u g .
3 3 ,8 1 7
7,8 2 6
5 ,5 2 2
J a n . 1 to A u g . 31 ...
3 3 6 ,7 3 2
14 4 ,6 8 5
3 7 2 .5 3 8
8 7 .0 0 3
J u ly 1 to a u g . 3 1 ___
9 1 ,0 1 4
7 2 ,4 4 3
1 5 ,593
2 0 ,771
E dison E l. 111. Co. B 'k ly n J a n . 1 to A n g . 3 1 .'...
5 9 6 ,9 2 0
5 5 3 ,3 9 1
2 5 6 ,7 9 7
2 1 4 .3 9 0
2 7 4 ,8 7 7
(flint A P o re M a r q .a .A u g .
2 3 5 ,2 9 2
8 5 ,0 1 0
6 1 ,1 3 1
J a n . 1 to A ug. 31___ 1 ,9 2 3 ,3 7 6 1 ,7 6 9 ,0 9 8
4 3 5 ,1 2 1
4 6 5 ,0 8 1
F t, W. A D e o . C iry .b . Aug.
1 1 3 ,0 0 6
12 1 ,2 9 5
5 4 ,2 3 4
3 4 ,6 0 9
J a n . 1 to A u g . 3 1 ___
8 5 3 ,6 3 1
2 7 4 ,7 2 9
711,551
1 6 6 ,2 8 5
G r'd K ap. tlas-L ,.O o .S ep t.
1 0 ,8 5 2
1 1 ,9 3 7
J a n . 1 to S e n t. 3 o ___
9 2 ,2 1 8
8 6 ,9 0 0
I llin o is C e n t r a l . a . .. A ug. 2 ,3 7 1 ,9 9 6 2 ,1 7 5 ,6 8 1
6 9 1 ,1 6 9
5 6 9 ,9 7 0
J a n . 1 t o A ug. 3 1 . . . . 1 7 ,6 5 4 ,5 8 9 1 4 ,8 6 1 ,1 5 0 5 ,1 9 8 ,8 3 7 4 ,0 0 1 ,1 9 5
J u ly 1 to A ug. 3 1 ___ 4 ,4 2 4 ,0 7 0 1 ,1 5 9 ,7 5 0 1 ,1 5 6 ,7 7 6 1 ,0 4 6 ,0 9 0
J a c k s o n G as-L . C o .. S e p t.......................
2,439
2 ,2 5 6
J a n . 1 t o S e p t. 3 0 . . . .
1 5 ,4 7 4
1 7 ,7 5 4
M ar. 1 to S e p t. 3 0 ......................... ..
1 3 ,127
1 1 .330
K an . C. F t. 8. A M .a . A ug.
409.R 44
43 8 ,1 2 1
13 1 .9 7 7
1 3 6 ,4 1 0
J a n . 1 to A u g . 31 . . . 3 ,1 8 9 ,7 6 4 3 ,0 7 6 ,6 4 2
9 7 6 .8 6 3
9 3 7 ,7 3 5
J u l y 1 to AUg. 3 1 ___
7 5 2 ,3 1 7
8 0 8 ,3 4 3
2 5 2 ,1 2 6
2 3 7 ,1 4 2
L o n g I s la n d R K .b ...A u g .
6 1 1 ,4 0 7
2 8 9 ,1 8 9
5 1 6 ,2 7 8
2 6 5 ,7 3 7
J a n . 1 to A u g . 3 1 ___ 2,9 8 4 ,9 4 8 2 ,7 5 4 ,0 7 7
8 8 1 ,4 0 6
9 6 0 , <27
J u ly 1 to A ug. 3 1 . . . . 1,14 7 .4 0 6 1 ,0 7 2 ,2 0 4
5 1 3 .0 1 1
5 3 1 ,9 3 8
L o n g Is l’d R R .S y s .b .A u g .
6 9 5 ,9 8 7
3 3 1 ,3 3 6
6 3 2 ,7 1 5
3 1 9 ,5 0 6
J a n . 1 to A ng. 3 1 . . . . 3 ,2 5 8 ,9 8 6 3 ,6 3 7 ,3 2 8 1 ,0 4 6 ,0 * 2
9 6 4 ,5 1 7
J u l y 1 to A ug. 3 1 ___ 1,322,1 0 4 1 ,2 4 2 ,5 8 8
6 1 6 ,9 3 8
6 2 3 ,3 0 3
Mobile-A B u m ’g h ’m . A u g .
2 3 ,9 9 2
2 0 ,2 9 4 d e f.2 ,5 6 1 d e f.4 ,4 8 3
1 9 3 ,1 0 7
J a n , 1 to A ug. 3 1 ___
2 2 7 ,5 8 2
16,125
3 8 ,9 3 5
4 2 .4 7 9 d e f.5 ,9 3 9 d o f.5 ,o 2 9
J u ly 1 to A ug. 3 1 . . . .
4 5 .5 4 9
P aeitlo C o a s t C o .a .. A n g .
4 5 3 .9 5 0
4 9 1 ,1 8 3
1 6 3 ,7 1 0
1 1 5 ,3 7 7
J a n . 1 to A ug. 3 1 ___ 3 ,6 0 5 ,8 3 0 2 ,1 8 0 ,(6 0
4 9 7 ,7 2 9
8 1 5 ,8 8 5
D eo. 1 to A ug. 3 1 ___ 3 ,9 5 5 ,6 8 6 2 ,7 3 7 ,1 0 6
5 3 8 ,1 7 6
9 19,e36
P a o iilo M a il................. A ug
4 4 4 ,4 0 8
3 3 1 .1 1 7
*101,90*
*232.065
J a n . 1 to A u g . 3 1 . . . . 3 ,0 7 2 ,-6 3 2 ,9 5 0 ,2 9 6
6 1 0 ,2 1 8
8 4 7 .5 6 0
M ay 1 to A ug. 3 1 . . . . 1 .6 3 7 ,8 0 9 1 ,4 1 0 ,9 5 5
*324,561
*651,837
P h ila . A E r l o b ........A ug.
4 6 1 ,4 8 5
4 5 0 ,2 3 0
1
5 0 ,0 9 8
1 8 8 .6 6 6
J a n . 1 to A ug, 3 1 . . . . 2 ,7 1 4 ,2 2 3 2 ,7 0 5 ,6 7 5
7 3 2 ,6 1 2
75 7 .5 6 1
S t.J o s e p h G as L. C o .S e p t.......................
5 ,1 4 4
5 ,2 7 2
J a n . 1 to S e p t. S O ...........................
3 2 ,7 0 4
4 2 ,8 8 4
J u l y 1 to Sopt. 3 0 .............................
1 1 ,441
13,2.19
St. P a u l G a s-L t C o ..S o p t.......................
2 0 ,8 2 1
2 3 .567
J a n . 1 to S e p t. 3 0 .............................
1 7 2 ,3 7 6
1 9 0 .7 0 9
W este rn G a s Co.—
4 1 ,8 9 1
MJlw’k e eG a s-L .C o .S e p t.
........
S8.562
J a n . 1 to S opt. 3 0 . . . .......................
3 3 0 .7 5 8
3 3 4 ,7 8 6
W .Va, C e n t .A P itt s b .8 s p t,
9 8 ,3 8 9
2 8 .0 6 9
1 00,131
» 2 8 .3 9 7
8 1 9 .1 2 5
J a n . 1 to S e p t. 3 0 . . . .
8 7 3 .0 9 8
2 4 6 ,3 3 7
2 7 8 ,2 6 3
J u ly 1 to S e p l. 3 0 . . . .
2 8 7 ,2 3 0
8 6 ,7 2 2
8 1 ,8 0 6
29 5 ,3 6 8
w .Y ir g tn ia A P lt t s h b J n l y
3 0 .7 3 1
1 1 ,9 5 0
3 3 .5 0 2
1 3 ,0 0 9
J a n . 1 to J u ly 3 1 ........
2 1 2 ,9 6 7
9 2 ,9 8 8
8 0 ,0 0 4
2 1 8 ,8 5 4
a N e t e a r n in g s h e r e g iv e n a ro a f t e r d e d u c tin g ta x e s ,
b ® »t e a r n in g s h e re g iv e n a r* b e fo re d e d u c tin g ta x e s .
* A fte r d e d u c tin g “ r e s e r v e f u n d f o r ro p a ii s o f s te a m e r s ” b a la n c e in
A u g u st, 1 8 0 -, w a s .f2 0 .,S 9 8 , a g a in s t 8 * 9 ,4 0 7 , a n d fro m M ay 1 to
A ugust. 31 * 5 3 5 ,1 o, a g a i n s t * 2 7 4 ,5 s i. T h e re s e r v e fu u u fo r d e p re c i
a tio n a n d g e n e ra l a n a e x tr a o r d in a r y r e p a ir s o f s te a m e rs h a s h e m
lo o re a s e d to th e s ta n d a r d o f th e E n g lis h c o m p a n ie s , i e„ liv e p e r o e n t
u p o n th e v a lu e of th e s te a m e rs .

I n te r e s t C h arges and S u r p lu s.—The fo llo w in g roads in
<ddition to th eir gross an d n et e arn in gs g iv e n in th e fore
go in g , also report oharges for in te re st, & o,, w ith th e su rp lu s
or d eficit ab ove or b elo w th ose ch arges.
■lnl., R e n ta ls , ttc.S a l . o f l f i t E a r n ’g t __
ih s s .
18 9 7 .
18 9 8 .
1897.
U oadt
*
*
9
$
Chlo. A E a s t. I l l ....... A ug.
1 2 7 ,9 8 0
1 27,068
*48.064 'd e f.3 ,4 9 2
J u l y 1 to A ug. 3 1 . . . .
2 5 5 ,6 2 6
2 5 3 ,1 6 4
*100,763 *161.4,025
F li n t A P o r e M a r q ... Aug.
5 3 ,8 0 5
5 3 .8 8 3
2 6 ,1 7 5
1 0 ,5 4 8
J a n . 1 to A ug. 31 . . .
4 2 8 ,8 1 9
4 2 6 ,3 1 5
3 6 ,2 6 5
8.806
K a n . O. F t. 8. A M ... Aug.
1 16,368
1 5 ,609
11 4 ,3 0 3
2 1 ,8 4 7
J u ly 1 to A u g . 3 1 ___
2 8 1 ,7 6 8
2 5 ,228
227,198
5,3 7 4
L o n g Is la n d R E ___A ug.
1 02,505
*187,995
1 0 3 ,6 8 6
*210,464
2 0 1 ,9 2 2
J u ly 1 to A ng. 3 1 ___
*355,730
2 0 0 ,6 1 0
*378.833
L o n g I s la n d R R .8 y s.A u g .
1 1 5 ,1 2 7
*228,952
116,498
*239,989
J u ly 1 to A n g . 3 1 ___
*435.014
2 2 5 ,6 4 9
2 3 0 ,0 5 3
*448,531
6 ,2 5 0
W est V a. O. API tta b -S e p t.
2 3 ,0 0 0
2 1 ,« 1 9
5 ,3 3 7
J u l y 1 to S e p t. 3 0 . . . .
6 9 ,019
15,929
6 5 ,6 9 7
1 7 ,703
* A fte r a llo w in g f o r o th e no o m o rao elv ed .

OOTOBEE 15, iB98.J

THE CHRONICLE

arttEET railways and traction companies .
The following table ahows the gross earnings for the latest
period of all s t r e e t railways from whioh we are able to ob
tain weekly or monthly returns. The arrangement of the
table is the same as that for the steam roads—that is, the
first two oolnmns of figures give the gross earnings for the
latest week or month, and the last two columns the earnings
or the calendar year from January 1 to and including suoh
latest week or month.
STREET

R A IL W A Y S A N D T R A C T IO N

GROS8
E a r n in g s .

L atest Gross E a r n in g s .
W eeko rM o

A k ro n B e d f'd A Clev. S e p te m b ’r.
A lb a n y R a ilw a y ......... A u g u s t—
A m s te rd a m S t. R y .. . A u g u s t ....
A tla n ta R a ilw a y — A u g u s t—
B a ltim o re C on. R y,*... S e p te m b ’r.
B a t h S t. R y . (M aine). M ay ............
B a y C itie s C o n so l___A u g u s t____
B in g h a m to n S t. R y ... A u g u s t----B rid g e p o rt T ra o tio n S e p te m b ’r.
B ro c k to n C on. S t. R y A u g u s t___
B ro o k ly n E l e v a te d ...A u g u s t ----B r’k iy n R ap . T r. Co.—

1898.

1897.

C O M P A N IE S .
J a n . 1 to L atest Date
18 9 8 .

1897.

*
*
8 ,8 5 3
7 7 ,391
7 1 ,8 37
57,1 1 4
4 1 7 .2 9 5 3 8 2 ,2 6 7
5,2 0 4
3 5 ,7 5 6
3 2 ,2 7 7
66,7 02
9 .2 9 9
5 9 ,0 8 4
1,78 0 ,5 31 1,75 7 ,1 0 0
2 1 6 ,9 9 7
1,932
7,541
7,013
8 ,2 5 4
54,387
56,5 77
18,774
9 9 ,735
1 0 9 .325
2 7 0 .3 0 2 2 4 0 ,8 2 4
32,91-7
371218 3 V 1 5 3 2 2 7 ,6 38
2 2 2 ,0 2 7
1 4 1 ,9 1 0 1 2 2 ,1 8 0 1 ,0 3 6 ,7 08 1,104 ,9 8 1

785

-G ro ss E a r n in g s .—
1898.
1897.
R oads.
9 4 .7 9 1
M e tr.W .8 id eE l.,C h io .S e p t.
5 9 ,4 3 7
J a n . 1 to S e p t. 3 0 . . .
8 8 6 ,5 9 8
N o v .l to S e p t. 3 0 . . . . 1 ,0 9 0 ,8 3 5
R o x b ’g h Ch. H ill A N S e p t.
1 1 ,5 9 3
1 0 ,3 2 3
J a n . 1 to S e p t. 3 0 . . . .
8 4 ,9 9 9
6 8 ,2 4 1
6 ,4 5 6
Sohuyl. V al. T r a o ...S e p t.
6 ,0 3 8
J a n . 1 to S e p t. 3 0 ___
4 8 .9 7 8
4 5 ,3 0 5
8 o ra n to n A C a rb o n S e p t.
3,2 2 8
3 ,7 2 4
J a n . 1 to S e p t. 3 0 ___
2 6 ,4 8 2
J u ly 1 to S e p t. 3 0 . . .
9 ,8 0 2
li',3 5 1
S c ra n to n A P ltts to n .S e p t.
5,7 2 0
6 ,2 1 4
J a n . 1 to S e p t. 3 0 . . .
4 5 ,8 9 9
. J u ly 1 to S e p t. 3 0 ___
1 7 ,7 4 0
1 8 ,8 6 8
S c ra n to n R ail w a y ... S e p t.
3 3 ,4 7 2
3 2 ,5 3 4
J a n . 1 to S e p t. 3 0 . . . .
2 6 3 .8 0 1
2 8 1 ,0 2 3
J u l y I to S e p t. 3 0 . . .
1 0 2 ,0 1 4
1 0 0 ,9 5 4
U n ite d T ra o . (P ltts .)S e p t.
1 3 5 ,8 8 4
1 2 2 ,5 1 4
J a n . 1 to S e p t. 3 0 ___ 1 ,1 3 6 ,6 4 9
J u ly 1 to S e p t. 3 0 . . . .
4 0 7 ,5 3 3
3 7 2 ,4 5 4
Wa te r b u r y T ra o . C o. S e p t.
2 5 .0 6 8
2 3 ,9 2 8
J a n . 1 to 8 e p L 3 0 . . .
2 0 8 ,7 3 2
1 8 9 ,4 9 0
O ot. 1 to S e p t. 3 0 . . . .
2 7 5 ,9 0 5
2 5 3 ,8 2 1

— N et E a r n in g s .-----.
18 9 8 .
1897.
$
$
3 9 .6 8 5
2 2 ,1 0 7
3 3 3 ,3 5 0
..............
4 2 1 ,7 3 7
4 ,9 7 2
4 ,3 3 6
3 4 ,4 0 6
2 7 ,0 5 6
..............
2 .7 5 6
1 4 ,938
..............
1 ,3 7 9
1,431
1 2 ,1 2 4
..............
4 ,7 6 5
5 ,3 6 7
1,3 9 9
2,0 6 8
1 3 ,7 1 7
..............
5 ,9 3 7
7 ,8 3 6
1 6 ,876
1 6 ,6 2 2
1 3 9 ,1 8 7
1 2 9 ,1 7 1
5 3 .5 6 8
5 2 ,4 3 3
7 9 ,5 4 5
6 6 ,5 6 1
6 1 1 .3 1 5
..............
2 2 9 ,9 6 3
2 0 7 ,3 7 6
1 1 ,9 5 9
1 0 .6 2 4
9 1 ,0 7 2
8 0 ,8 0 8
1 2 2 ,3 2 2
1 1 1 ,3 6 1

Interest Charges and Surplus.— The following S t r e e t
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &o., with the
surplus or defioit above or below those charges.

. ^ ,S e p te m b ’r. 5 3 1 ,9 4 1 4 6 0 ,8 3 7 4 ,5 3 7 ,6 6 9 4 ,0 0 8 ,7 5 5
1 3 ,9 7 5 1 3 .3 9 2
1 3 0 ,4 6 6
------In t., r e n ta ls , etc.----- . -- B a l. o f tfe t E a m fs ,—
1 3 ,3 *9
9 ,5 6 5
O ln. A M iam i V a l.. .. A u g u s t
18 9 8 .
18 9 7 .
1898.
1897.
7 9 ,9 0 2 68,031
315,39o
C itiz e n s ’ 8 t.R y .,I n d p . A p ril .
2 83,626
R oads
$
*
$
5,671
5 ,3 2 7
22,872
C ltiz n s ’(M u n c ie In a .)jM a y . . . . . .
2 6 ,7 4 '
R
oxb’g
h
C
h
e
s
.H
ilA
N
8
e
p
t.
2,1
8
1
1,8
8
0
2 ,4 5 0
2,7
9
1
2 ,1 5 9
2,2 9 5
1 5 ,^ 9 4
1 5 ,3 1 9
C ity Eleo. (R o m e .Q a .)1A u g u s t—
J a n . 1 t o S e p t, 3 0 ___
1 9 ,5 4 5
1 6 ,9 9 8
1 4 ,8 6 1
1 0 ,0 5 8
C le v ela n d E l e o tr io ... S e p te m b ’r. 1 4 0 .4 9 3 L4 >,510 1,265,771 1 ,2 0 4 ,2 2 1
6 4 ,7 0 0 U n ited T r a o t.( P ltts .) 8 e p t.
9 .7 1 5
C leve. P a tn s v . A E . S e p te m b ’r. 1 0 ,9 4 5
8 0 ,0 -3
5 1 ,4 9 0
4 7 ,0 5 7
1 8 ,9 0 4
2 8 ,0 5 5
nC »|
" “m kb nu s* 8 t. R
*>vr
i n \ 'S e p te m b ’r. 6 1 ,7 7 8 6 6 ,3 5 8
5 0 8 .3 6 5
4 5 5 ,1 2 3
o lu
y. (O.)
1 5 5 ,0 0 4
J u ly 1 to S e p t. 8 0 . . .
1 3 3 ,2 9 6
7 4 ,959
7 4 ,0 8 0
2 5 2 ,2 . 0 238,813
8 8 3 ,5 4 0
9 6 5 ,2 4 5
C o n so ll’d T ra o . (N. J .) A p ril
3 ,1 1 0
W a te rb a ry T r a c t’n ..8 e p t.
3 ,3 0 7
8 ,6 5 2
7,5 1 4
D a n v . G a s E l. L ig h t A
4 1 ,8 3 2
O ot. 1 to S e p t. 3 0 . . . .
4 3 .2 2 2
8 0 ,4 0 0
6 8 .1 3 9
8,2 0 6
8,1 3 8
5 0 ,8 3 1
5 3 ,0 0 8
S tr e e t K y .................. J u n e ..........
6.3 6 4
D a y to n & W e s t T rao . J u l y ............
D e n v e r C on. T r a m w .. A u g u s t .. .. 6 7 ,5 7 0 6 2 ,5 6 7 4 8 8 .3 2 2 4 6 9 ,4 2 5
7 7 5 ,0 5 b 7 2 1 ,8 1 8
D e tro it C itl’n s ’ S t.R y A u g u s t.. . . 1 0 9 ,932 1 0 4 ,682
2 5 9 ,2 0 5 2 6 4 ,9 9 *
D e tro it E leo. R y ......... A u g u s t .. .. 3 3 ,1 6 8 3 0 ,^ 4 8
2 0 .7 2 0 17,8 3 0
1 2 7 ,1 8 0
1 3 7 .057
D u lu th 8 t. R y ............ A u g u s t..
12,212 1 2 ,7 3 6
6 3 ,6 7 0 1 6 3 ,2 8 3
E r ie E lec . M o to r......... J u n e . . .
Annual Reports.—The usual index is omitted this week
F t. W ay n e A B elle
1 2 0 ,203
1 1 2 ,2 6 7 but that published in the C h r o n i c l e of Sept. 21 covers all re
I s la n d (D e tro it) — A u g u s t___ 16.5 7 2 16,2 2 5
H a rris b u rg T ra o tio n . A u g u s t .. . . 3 1 ,0 5 0 2 4 007
149,461 ports published to Sept. 17, inclusive.
177,111
H e rk im e r M o h aw k II2 .9 0 6
2 6 ,5 4 4
2 6 ,5 22
Ion a F ir fo rt El. Ry. A u g u s t___
3,3 3 1
Great Northern Railway.
1 2 7 ,7 93
H o u s to n E leo. S t. Ry. A u g u s t ....! 19,937 16,8 0 1
1 2 3 ,5 7 3
I n te r s ta te C o n so l, ol
('Report
fo
r the y e ir ending June 30, 189S.J
N o rth A ttle b o ro ___ M a rc h ........ 10 .2 9 7
2 6 ,8 4 3
27,801
9,5 2 3
54,2 54
4 1 ,141
5 ,1 4 0
K in g s to n C ity R y----- S e p te m b ’r.j 6,83-*
The annnal report of Mr. J. J. Hill, President, is given at
8,761 11 ,1 4 5
L e h ig h T r a c tio n . . . . S o p te m b ’r.
7 1 ,8 88
8 2 ,4 0 3 length on pages 798 to 801, together with the revenue and
L o w ell L aw . A H a v .. A u g u s t. . ..I 5 4 ,3 6 J 51,644
3 1 0 , Ob 2 9 5 ,0 3 7
M e tro p .(K a n s a s C ity) is tw k O c t.1 61 653 60,527 1 ,5 7 3 .0 6 9 1 ,4 1 5 ,7 8 6 income accounts, and the general balance sheet.
M etro. W .S id e (Chio.) S e p te m b ’r. 9»,791 59.4 3 7
The earnings and expenses of the Great Northern Railway,
8 8 6 ,5 9 *
_______
5 ,5 0 0
M o n tg o m e ry S t. tty .
2 2 ,7 38
2 1 ,582 compiled in the usual complete form are shown below.
5,478
M o n tre a l S tr e e t R y .. S o p te m b ’r. 1 3 6 .7 6 5 1 2 0 ,335 1 ,1 1 9 , 04 1 ,0 2 0 ,6 0 5
The first table includes the operations of tin railway sys
36,3 97
3 4 .5 0 4
4,62*
4,724
M u sc a tin e S t. R y .. .. A u g u s t . . .
N a ss a u Eleo. (B ’k ly a > S e p te m b 'r . 2 0 ^ ,5 6 0 1 8 4 .614 1 ,6 7 4 ,-6 4 1,17 9 ,2 3 3 tem ; the second table gives the income account of the Great
N e w b u rg 8 t. R y ...........A u g u s t . .. . 1 1 .3 1 4 11.05*
5 6 ,3 3 8 Northern Company ; and the third table shows the results for
5 7 ,8 89
9,5 4 9
9,2 6 9
N ew L o n d o n 8 t. Ry . A u g u s t___
N ew O rle a n s T ra o tio n A u g u s t___ 107,381 1 0 8 ,959 8 9 7,69b 8 6 5 ,5 9 1 the entire system, treating all as if one corporation.
OPERATIONS AND FISCAL RESULTS OP RAILW AY SYSTEM PROPER.
N o rfo lk S t. R y.............'A u g u s t___ 13.5881 14,5 7s< 115.539
9 8 .4 2 0
N e r th C hle. S t. Ry . . . 'S e p te m b ’r. 2 5 0 ,8 8 9 250,571 2,100,859 2 ,0 9 0 ,2 24
1896-97.
1897-98.
1 895-96.
N o rth 8 h o re T ra o iio n A u g u s t___ lfc0,742 17 7 ,3 4 - 1,003.376 9 6 9 ,8 4 4
4 ,4 6 6
4,4 1 5
4 ,3 7 4
15,201
O g d e n sb u rg S t. K y ,..! s e p te m b ’r.
1 4 ,7 9 9 A v e ra g e m ile s o p e r a te d . . . .
2 ,4 0 3
2 ,3 6 7
E
q
u
ip
m
e
n
t—
2 4 5 ,9 49
3 6 ,5 1 9 33,3 3 b
P a te rs o n R y ................. A u g u s t .. ..
2 2 5 ,5 9 4
482
431
4 43
90 ,2 3"
R ic h m o n d T r a c tio n
8 6 ,7 1 0 L o c o m o tiv e s ...............................
A u g u st
j 3 ,1 3 9
1 4 ,8 0 9
3 32
3 32
3 72
6 8 ,2 4 1 P a s s e n g e r e q u ip m e n t.............
8 4 ,9 9 9
R o x b ’h C h .H .A N o r’n S e p te m b 'r, 11,5 9 3 10,3 2d
1 7 ,8 5 0
1 5 ,4 2 4
1 4 ,709
4 8 ,9 7 h
S c h u y lk ill V al. Trao. S e p te m b ’r.
6 .4 i6 ' 6.0 3 8
4 5 ,3 0 5 F r e ig h t e q u ip m e n t.................
O
p
e
ra
tio
n
s—
2 6 .4 82
3,2281 3 ,7 2 4
S c ra n to n A C a rb o n d ’e S e p fe m b ’r.
P a s s e n g e rs o r r ie d (No.) . . .
1 ,7 1 5 ,6 6 4
1 .4 9 8 ,3 1 0
1 ,5 2 8 ,3 6 9
5 ,7 2 0
S c ra n to n A P itta to n . S e p te m b ’r.
4 5 ,8 99
6,214
9 7 ,5 4 3 ,7 7 3
9 9 ,1 7 ,028
2 8 1 .0 2 3 2 8 3 891 P a s s e r g e r s c a r r ie d 1 m ile .. 1 4 9 ,0 4 1 ,3 2 6
B o ra n io a R a ilw a y ___ S e p te m b ’r. 3 <,472 32,5 3 4
2*222 crs.
2*071 c ts .
2*591 c ts.
_ . T r. Ry. A u g u s t . .. j 3 4 .8 0 8 38 ,6
S y ra c u s e R ap
2 9 9 ,251 2 7 9 ,8 5 0 A v e r, r a te p e r p a ss , p e r m .
7 ,4 7 1 ,* 9 4
R ev. f r e ig h t (to n s) c a r r ie d .
8 ,0 8 9 ,5 9 3
7 ,^ 2 1 ,1 5 9
T o ro n to R y ................. S e p te m b ’r . 1 3 8 .0 2 ; 113.672.'
............
T w in C ity R ap . T r a n . A u g u st . . . 1*0,713 172,933 1 ,3 88,263 i m o V i F r e ig h t (tons) o a rrie d 1 m . l ,9 3 7 .9 5 5 ,8 9 4 1 ,6 5 7 ,2 2 3 ,7 2 5 1 ,6 2 2 ,8 7 7 ,4 2 3
0*9
i*2
c
ts.
A
v
e
ra
g
e
r
a
te
p
e
r
to
n
p
e
r
m.
0*956
ots.
0*976
c ts.
U n io n (N. B e d fo rd ).. S e p te m b ’r .’ 1 9 ,9 'S 2 0 ,1 1 4 149 029 1 6 6 ,7 0 1
*
E a r n in g s —
$
U n ite d T ra c t. ( P itts .) iS e p te m b ’r. 135 884 1 2 2 ,5 1 4 H ,1 3 6 ,649
2
,6
4
«
,8
54
2
,5
2
7
,1
0
9
P
a
s
s
e
n
g
e
r
s
.................................
3
,3
1
1
,3
8
1
U n ite d T r a c t. (P ro v .; A u g u s t .. .. 1 7 7 ,0 6 4 .1 6 4 ,7 4 3 ! l , 163,68 1 ,1 3 7 ,1 # 0
1 5 ,8 4 1 ,3 3 1
1 5 ,8 3 3 ,0 9 0
1 8 ,0 5 6 ,0 4 7
U n it. Trao. (R e ad in g ) S e p te m b ’r., 18,2 4 5 1 7 ,8 7 r! 1 5 0 ,787
1 5 2 .1 7 7 F r e ig h t.........................................
1
,0
0
7
,6
2
1
1
,1
3
0
,6
1
9
1
,2
1
0
,1
1
6
___
M
ail,
e
x
p
r
e
s
,
re
n
ts
,
e
tc
W akefield A S te n e __ ie p te m b ’r .
7 ,2 5 5
6,234!
4 2 ,2 0 8
43.7H6
W a te rb a ry T r a c tio n ,. S e p te m b ’r. 25 ,0 6 8 ! 2 3 ,9 2 8 2 0 6 ,7 8 2
18 9 ,4 9 0
2
2
,5
7
7
,5
4
4
1
9
,4
3
6
,O
o
l
T
o
ta
l
g
ro
s
s
e
a
r
n
i
n
g
s
.
..
1
9
,6
1
2
,5
0
3
W est Ohioiu?o S t. Ry. VVk^Oct. 9. 7 5 ,8 0 3 7 3 ,0 - 0
E x p e n se s—
W heeling R a i lw a y ... J u l y ............ 17,9621 15,805
9 2 ,4*06
1 0 3 ,6 1 4
3
,1
3
3
,2
9
3
2
,9
0
6
,4
8
0
2
.3
2
4
,2
9
4
M
a
in
t
n
a
n
c
e
o
f
w
a
y
,
e
t
c
.
.
.
W llk eab .A Wy. V a lle y 'A u g u s t___| 4 6 .1 5 11 4 3 ,4 0 9
329,4291 3 1 5 ,6 0 4
1,285 254
1 ,4 7 8 ,3 1 5
1 ,4 8 1 ,8 2 0
M a in te n a n c e of e q u ip m e n t.
5 ,2 9 2 ,* 6 5
5 ,4 7 5 ,0 9 5
T r a n s p o r ta tio n ........................
5 ,4 1 9 .1 3 7
' In c lu d e s B a ltim o re T ra o tio n a n d O lty A S u b u r b a n fo r b o th y e a rs .
9 9 0 .4 0 0
9 5 3 .0 0 4
1,04 7 ,2 6 1
G e n e r a l . ....................................
63 ,837
7 0 0 ,9 4 1
6 0 2 ,6 4 8
T a x e s ............................................
»

n

W

C

CUhharlo^ton
a rlesto n C ity R y .. S e p te m b ’r.

ANNUAL REPORTS.

Street Railway Net Earnings.—The following table gives
the returns of S t r e e t railway gross and netearmngs received
this week. In reporting these net earnings for the street rail
ways, 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 mouth (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 C h r o n i c l e
of September 24, 1898. The next will appear in the issue oi
October 22, 1898.

.— G ross E a r n in g s .----..------N et E a r n in g s .----1898.
1897.
18 9 8 .
1897
*
*
3,5 5 3
8 ,8 5 3
2,7 13
9 ,9 2 5
2 0 ,537
7 1 ,8 3 7
2 2 ,8 01
7 7 ,3 9 1
1.803
5 ,2 0 4
4 ,7 4 0
2,0 18
7 ,7 7 5
3 5 .7 5 6
9,6 73
3 2 .2 7 7
15.416
3 2 ,9 8 7
17.121
2 8 ,5 0 8
2 7 0 ,3 0 2
1 04,108
2 1 0 ,8 2 4
1 2 9 ,1 1 6
49,703
1 0 s ,214
5 7 ,1 0 4
9 2 ,8 8 2
1 3 ,9 7 5
6
,0
2
6
5,811
1 3 ,3 9 2
4 4 ,7 7 5
1 3 0 ,4 6 6
2
0
,8
9
9
19,301
4 6 .3 1 2
4 3 .5 0 7
6 ,1 0 2
5,104
9 ,7 1 5
1 0 ,9 4 5
3 7 .4 6 3
3 2 .088
8 0 ,0 9 3
0 4 ,7 0 0
40,058
3 3 ,5 9 7
6 1 .7 7 8
6 6 ,3 5 8
2 39,514
2 5 8 ,2 9 4
5 0 8 365
4 5 5 ,1 2 3
4 ,8 0 8
7,562
11,1 4 5
8,761
2 8 .9 38
8 7 ,430
8 2 ,4 0 8
7 1 .8 8 8
14,2 09
20,3'10
3 3 ,4 7 2
2 7 ,3 5 5

Roads.
A k ro n B ed . & 0 1 e v ..8 ep t.
J a n . 1 to S e p t. £ 0 . . . .
A m s te rd a m S t. R y .. A ug.
J a n . 1 to A o g . 3 1 ___
B rid g e p o rt T r a c t’n ..S e p t.
J an . 1 to S e p t. 3 0 ___
J u ly 1 to S e p t. 3 0 ___
h a rle s to n C ity R y ..8 ep t.
J a n . 1 to S e p t. 3 0 . . . .
'■ J u l y 1 to S e p t. 3 0 . . . .
O lev. P a io e s v . A E ..8 e p t ,
J a n . 1 to S e p t. 3 0 ___
O o ln m b tu (O .)St. B y .S e p t.
J a n . 1 to S e p t. 3 0 . . . .
Lehigh T r a o tio n ....... S e p t.
J a n . 1 to S e p t. 3 0 ___
"
J u ly 1 to S ep t. 1 0 ___

T o t a l .....................................
N e t e a r n in g s .............................
P e r c e n t, of e x p . to e a r n s . ..

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

1 1 ,3 0 4 ,5 2 0
8 ,1 3 1 ,5 4 1
58-16

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

INCOME ACCOUNT OF GREAT NORTHERN RAILW AY CO.

1897-98.
R eceipts $
N e t e a r n in g s o f S t. P.
At. i f . R R ................ 8 ,7 3 7 ,1 0 6
I n t. o n b o n d s o w n e d ..
6 9 ,418
D iv. o n s to c k s o w n e d 1 ,2 5 9 ,3 5 7
P r o fit o n T r e a s u r y
s e c u ritie s s o ld ..........
4 1 9 ,8 4 4
R e n ta l o f le a s e d lin e s .
1 6 4 ,4 1 0
I n te r e s t A e x c h a n g e .
1 64,359
B ills r e c e i v a b le ..........
15,91-*
O th e r In c o m e ................
3 8 8 ,1 5 1
T o ta l............................. 1 1 ,2 1 8 ,6 3 0
D is b u rs e m e n ts —
R e n t, S t.P .M .A M. R y. 5 ,3 9 6 ,8 6 3
D iva, o n G t. No. s to c k . 1 ,5 0 0 ,0 0 0
R a te of d iv id e n d ........
(5 p. o,)
F u n d fo r im p ’ts & r e 
n e w a ls . S t. P.M . A M. 1 ,5 0 0 ,0 0 0
F u n d fo r C a s c a d e T u n .
7 5 0 ,0 0 0

1896-97.
$

1895-96.
*

1 894-95.
$

6 ,3 1 8 ,4 4 5
9 3 ,823
1 ,0 0 0 ,5 4 8

6 ,8 7 0 ,4 1 9
5 6 ,195
4 0 ^ ,6 3 1

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

1 8 7 ,2 5 6
73,5 V7
15,838
1 4 8 ,5 3 0

2 2 0 ,154

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

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

7 ,8 3 7 ,9 9 7

7 ,6 7 5 ,5 0 2

6 ,8 1 2 ,0 =8

5 ,3 8 0 ,7 2 9
1 ,2 5 0 ,0 0 0
(5 p . 0.)

5 ,3 8 3 016
1 ,2 5 0 ,0 0 0
(5 p. 0.)

5 ,3 7 2 ,5 9 0
J ,2 5 0 ,0 0 0
(5 p . 0.)

T o ta l d is b u r s e d . 9 ,1 4 6 ,8 0 3
6 ,6 3 0 ,7 2 9 * 6 ,633,016
6 ,6 2 2 ,5 9 0
B a la n o e .................... s u r.2 ,0 7 1 ,7 6 7 s r.1 ,2 0 7 ,2 6 8 s r.1 ,0 4 2 ,5 4 7 su r.1 8 9 ,5 0 8
* F ro m th is b a la n c e o f $ 1 ,0 1 2 ,5 4 7 th e c o m p a n y d e d u o te d $ 4 0 5 ,6 2 6
a d v a n c e s fo r in te r e s t to D u l, W . & P a c . R R . p r io r to J u l y 1 ,1 8 9 4
w r itte n off), m a k in g b a la n o e fo r t h e y e a r to p ro fit a n d lo ss $ 0 3 0 ,9 2 2 .

THE CHRONICLE,

78(5

KAKNINQS AND EXPENSES,

KNTIRB 08K A T NOKTUEBS HATLWAT SYSTEM.
18 9 7 -9 8 .
$
Q r g is » a r a o f r a ilw a y a y s t.p ro p e r.2 2 ,5 7 V> I I
G ro s s e a r n , o f o th e r p r o p r ’t 'y co ’s. 2 ,4 * 3 .0 5 0

18 9 8 -9 7 .
8
1 9 ,4 3 8 .0 3 0

2 ,3 0 9 ,1 0 4

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

T o ta l e a r n in g s o f s y s t e m ..........2 5 ,0 2 1 ,1 9 *

2 1 ,7 3 6 ,2 2 5

2 1 ,8 1 9 ,6 9 3

13,109,'*12

1 3 ,2 3 0 .2 2 1

1 2 ,8 1 4 ,2 2 1

N e t e a r n in g s o f s y s t e m ..................... 1 1 ,5 5 2 ,1 8 2

8 ,5 0 6 ,0 0 3

9 ,2 0 5 ,4 7 7

M isc e lla n e o u s in c o m e ........................ 1 ,5 2 3 ,7 1 6

6 6 * .9 2 1

5 0 9 ,2 3 3

9 ,1 7 0 ,9 2 *

9 ,7 1 4 ,7 1 0

D e .tu c l —

O p e ra tin g e x p e n s e s an<l t a x e s

Arid -

T o i.il n e t In o o m e o f s y s t e m . .. 1 3 ,0 7 5 ,8 9 8
D e d u c t—
F ix e d c h a r g e e a n d g u a r, d iv ld ’s
o n S t. P, M. Ac M. s to c k ................... 6 ,5 1 0 ,0 6 3
D iv id e n d , 5 p e r e c u t o u G re a t
N o r th e r n p r e f e r r e d sto o l;............. 1 ,5 0 0 ,0 0 0
F u n d s f o r l m p r r e m ’ts a n d tu n n e ls . 2 ,2 5 0 ,0 0 0
1 0 ,2 6 0 ,6 0 3
S u r p lu s .............................................. 2 ,8 1 5 ,2 3 5
-V . 6 7 , p . 3 7 0 .

6 ,4 7 9 ,5 2 8

6 ,4 8 0 ,7 6 6

1 ,2 5 0 ,0 0 0
_____

1 ,2 5 0 ,0 0 0

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

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

Union Pacific Railroad.
( Repot t for the Six Months ending June SO, 1S98.J

The report of Mr. Alexander Millar, Secretary, including
the balance sheet and income account, covering the period
from January 1, 1898, to June 80, is printed in fall on pages
790 and 791 of to-day’s C h r o n i c l e , — V. 67, p. 731, 736.
Bio Grande Western Hallway.
f Report fo r the year ending June SO, ISOS.)

We publish on pages 794 and 795 the President’s remarks
from the annual report for 1897-98. Below is a comparative
statement for four years of operations, earnings, charges,etc.
OPERATIONS AND FISC A L RESULTS.

18 9 6 -9 7 .
18 9 7 -9 8 .
1 8 9 5 -9 6 .
1 8 9 4 -9 5 .
M iles o p e r. J u n e 3 0
582
561
529
531
O p e ra tio n s—
2 6 2 ,1 1 4
P ass , c u rrie d , N o ...
3 0 7 ,6 5 4
2 0 1 ,8 1 4
2 1 9 ,8 1 3
P a s s e n g e r m ile a g e . 3 8 ,1 2 3 ,3 7 9 2 4 ,8 (1 ,7 3 7 2 7 ,5 * 2 ,5 8 9 2 1 ,7 4 ’,2 1 4
2 0 2 ots.
R a t^ p e r pass* p. m .
1*71 ots.
2 12 o ts
2*04 o ts.
M 0 2 .H U
7 36 621
0 7 8 , *39
T o t a l to n s c a r r ie d ..
7 2 7 ,6 1 1
F r 'g h t (tons) m ile ..- 1.208,7 6 ,6 9 2 1 2 3 ,3 0 0 ,0 4 8 1 2 4 ,8 0 9 ,1 3 5 1 1 6 ,6 3 1 ,9 4 3
1-219 o ts.
1*450 eta.
1-41 o ts .
A v .r a te p to n p . m .
1 -3 8 3 c ts .
EARNINGS AND BXPEWSES.
189 5 -9 6 .
1 8 9 6 -9 7 .
1 3 9 4 -9 5
1 8 9 7 -9 8 .
*
E a r n in g s —
$
$
$
5 5 5 ,1 9 1
P a s s e n g e r .- * .. ..........
6 6 3 .0 3 1
5 2 5 ,4 1 0
4 4 3 .0 1 7
1 ,6 2 ,9 <2
1 ,7 6 0 ,8 2 9
2 ,5 4 4 ,1 9 0
1 ,7 9 5 ,9 2 4
F r e i g n t .........................
1 4 1 ,3 3 6
1 4 7 ,1 7 0
1 3 3 ,7 1 2
1 5 4 ,0 1 7
M ail, e x p re s s , e to ...
T o ta l g r o s s e a r n .
Oper. e xpenses—
M u lc t. of w a y , ©to...
M a ln t.o f e a n ip m e ’t.
T r a n s p o r ta tio n e x o .
C o n tin g e n t................
G en . ta x e s & in s n r .

3 ,3 6 2 ,2 8 8

2 ,4 6 3 ,5 0 4

2 ,4 5 7 , .5 9

2 ,1 8 9 ,6 9 1

4 7 4 ,1 1 2
2 2 4 ,5 5 3
1 ,2 0 9 ,1 4 3
2 0 ,5 9 1
2 4 2 . L50

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

3 2 1 ,2 * 3
19 1 ,6 0 9
85 ,5 2 7
1 2 ,0 4 4
2 0 3 ,2 3 7

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

T o t a l .....................
Net- e a r n in g s _______
P . c. o p .e x p .to e a r n .
K e t of T in tlc R y . ,e tc

2 ,1 7 9 ,5 4 9
1 ,1 8 2 ,7 3 9
(64-82)
8 1 ,1 7 *

1 ,7 0 9 ,8 79
7 5 8 ,6 1 5
(69*27)
1 0 2.277

1 ,5 <7,700
8 6 9 ,6 5 9
(64-61)
8 7 ,5 3 0

1 ,5 2 2 ,5 9 7
6 6 7 ,0 9 4
(69-53)
4 8 ,6 5 t

T o ta l in o o m e ....
D iib u r s e m x n ts —
R e n t a l« p a i d .............
I n t e r e s t o n b o n d s ...
M isc e lla n e o u s ...........
D iv id e n d s ...... ............

1 ,2 8 5 .9 1 8

8 6 0 ,8 9 2

9 5 7 ,1 8 9

7 1 5 ,7 4 8

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

1 1 5 ,8 5 9
60-1.0 10
5 ,0 6 3

1 0 1 ,0 3 0
6 0 8 ,0 0 0
6 ,8 7 i

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

1 ,0 4 5 .6 2 7
7 2 9 ,5 2 1
T o t a l.....................
7 1 5 .7 5 1
6 7 5 ,4 8 5
1 3 1 ,3 7 1
S u r p lu s .........................
2 2 0 ,2 9 1
2 1 1 ,4 3 8
4 0 ,2 6 3
CONDENSED BALANCE SHEET JUNE 3 0 .
1898.
1897.
1896.
4
A sse ts—
9
$
H o a d a n d e q u ip m e n t........................... 2 8 ,7 8 2 ,9 2 1 2 8 ,6 3 0 ,5 8 6 2 8 ,6 5 4 ,0 9 6
3 ,3 9 0 ,7 2 3
2 ,-9 3 .4 9 5
S to o k a a n d b o n d s o w n e d , ................ 3 ,3 9 9 ,4 7 4
C o m p a n y 's b o n d s & s to c k In tr e a s .
tOO,0 0 0 * 1 ,0 5 0 ,OoO
8 0 0 ,0 '0
T in tlo R a n g e B y. b e t t e r m e n t s ........
1 7 3 ,4 4 0
358,i l i
4 9 hi 190
C a s h ..................................... ....................
3 5 7 ,4 5 4
1 2 2 ,5 9 0
2 7 0 ,2 9 0
D u e fro m a g e n ts , in d iv id u a ls , o to .
2 4 8 ,5 4 5
1 6 0 ,7 6 1
1 5 4 ,7 7 8
1 6 8 ,8 1 6
M a te ria ls , e to ........................................
M is c e lla n e o u s ........................................
8,5 9 9
T o t a l.................................................... 3 3 ,9 0 5 ,4 9 3 3 3 ,7 1 3 ,0 s 0 3 3 ,3 1 7 ,5 9 1
r L ia b ilitie s —
C o m m o n s to c k .......................................1 0 ,0 0 0 ,0 0 0 10 , 000,000 10 000.000
0 .5 0 0 .0 0 0
0 ,2 5 0 ,0 0 0
P r e f e r r e d s to c k ..............
6 ,5 0 0 ,0 0 0
B o n d s (see S u p p l e m e n t ) .................. 1 6 ,0 0 0 ,0 0 0 16,000.0(10 1 0 ,0 0 0 ,0 0 0
2 5 0 ,0 0 0
............
D iv id e n d p a y a b le l n p r e f s t o c k . ..
D iv id e n d s ..................................................
1 1 3 .6 8 9
V o u c h e rs , p a y -ro lls, e t o .....................
3 0 3 ,1 8 6
3 4 6 ,5 5 1
2 5 5 ,6 2 0
3 7 ,5 1 2
D u e o th e r ro a d s a n d in d lv id l'a ............................... 2 2 .2 2 52 1 ,0 4 9
I n t e r e s t d u e a n d a c c r u e d . . ..............
3 1 9 ,3 3 4
3 1 2 ,4 3 4
3 1 4 ,0 3
51 0 0 0
4 i.OOU
T a x e s . . . .........
5 3 ,5 0 0
4 5 ,8 1 4
E q u i p m e n t d e s t r o y e d ..............................................
3 '.4 8 u
6 0 ,1 5 6
6 0 ,1 5 0
D e p r e c ia tio n o f e q u ip m e n t....................................
B ills a n d n o te s fo r a q n lp m e n t................................2 2 6 ,7 1 9
7 " .3 8 3
M is c e lla n e o u s ........................................
97,601
1 9 ,6 0 3
4 8 ,7 0 3
P r o fit a n d lo s s, b a l a n c e .....................
2 0 9 ,1 8 0
2 9 5 ,5 1 8
T o t a l............................................................................... 3 3 ,9 0 5 ,4 9 3

[ V o l . JLXVII.

1887 98.
$
4 5 7 ,4 8 0
P a s s e n g e rs .....................
F r e ig h t............................ l , 0 f 0 .5 0 8
M ail, e x p . A- m is c e ll.
1 3 8 ,5 9 3
E a r n in g s fr o m —

T o t a l ....................... 2 ,2 1 6 ,5 8 1

Expenses—

M alu t. o f w a y , o to - ..,
“
“ e q u ip m e n t.
C o n d u c t's t r a n s p o r t,.
G e n e r a l..'........................
T a x e s ...............................

1 8 9 6 97.
1895 96.
$
$
4 1 2 ,0 8 5
4 0 5 ,6 0 5
1 ,4 0 9 ,0 7 0
1 ,5 0 0 ,3 7 9
1 2 5 ,3 5 0 '
1 2 2 ,3 1 6

1 8 91-95.
it
3 3 8 ,5 2 0
1 ,5 7 8 ,7 8 4
1 0 6 ,6 9 4

2 ,0 0 6 ,5 0 5

1 ,8 2 3 ,9 9 8

2 ,0 2 ,3 0 0

31)8,293
2 1 2 ,1 3 2
5 8 0 ,4 0 2
1 0 1 ,7 9 5
7 2 ,2 9 1

2 7 0 ,c 19
16 0 ,2 7 3
5 10,014
1 5 1 ,0 1 0
0 7 ,4 1 1

2 7 5 122
18 8 ,5 9 7
5 1 5 ,8 9 5
1 5 7 ,0 9 •
6 6 ,7 3 7

1 ,0 9 2 ,2 8 0

T o t-o p .e x p .& ta x ’s 1 ,3 6 7 ,9 1 6
N e t e a r n iu g s ........
8 7 8 ,6 6 5
O th e r I n c o m e ................
1 67,865

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

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

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

T o ta l. ...................... 1 ,0 4 6 ,5 3 0

9 6 2 ,6 1 2

9 6 8 ,7 9 6

8 3 8 ,2 0 0 '

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

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

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

Deduct—

R e n t a l s ................................

5 5 ,1 6 2

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

2 6 5 ,0 9 0

In t. p a id d u r in g y e a r .
5 8 0 ,5 4 0
Miscellaneous................................
D iv id e n d s
9 0 0 ,7 0 2
T o t a l .......................
B a la n o e ......................... s tir.1 4 5 .8 2 S

2 4 5 . 0 '0

8 8 3 ,8 2 4
8 8 2 ,0 1 0
4 5 7 ,0 1 1
s n r.7 8 ,7 8 * s n r.8 6 ,7 3 0 e u r.3 3 1 ,169

BALANCE SHEET JU N E 3 0 ,

1898.
1897.
1896.
1895.
$
$
*
9
R o a d a n d e q u ip .........2 2 ,1 2 4 ,1 8 6 2 1 ,9 3 1 ,7 0 4 2 2 ,0 0 5 ,8 6 0 2 1 ,7 7 6 ,9 * 0
in v e s t m e n ts .............
8 4 7 ,0 0 0
3 4 6 ,5 0 0
7 8 ,5 0 0
9 3 ,0 2 8
R, B, H a rts h o rn © * ..........................
............ .
1 8 5 ,4 6 9
J o s , G a s k e ll....................................
...... . . . .
90,>*91
C o m p a n ie s ,<& iu d ’vMe
.............
1 1 ,2 2 2
2 1 6 ,5 6 2
5 4 ,2 6 6
A g e n ts & c o n d u c to rs .
5 2 ,8 9 6
5 1 ,2 5 0
5 0 .7 2 8
4 5 ,2 7 1
n . S P. 0 . D e p a r t
1 7 ,8 1 1
1 7 ,7 1 3
1 7 ,6 6 9
1 6 .6 1 3
F o r 1894
............................
..............
4 7 ,0 7 7
P a s t-d u e in te r e - t, . . .
............ .
......
7 4 ,6 3 9 '
1 s t c o n so ls in t r e a s ’y
2 8 2 ,0 0 0
2 8 *,000
2 8 2 ,0 0 0
2 8 2 ,0 0 0 ’
M a te ria ls a n d s u p p l’s
1 84,219
1 5 0 ,8 1 8
1 8 2 ,4 9 1
84,2b0*
C a s h . .. ...................
2 8 3 ,3 0 0
9 9 ,3 4 8
1 0 0 .9 4 7
2 7 ,3 9 0
M is c e lla n e o u s ..............
4 0 ,7 9 6
2 ^ ,9 6 8
1 7 ,1 5 8
T o t a l ......................... 2 3 ,3 1 8 ,8 0 2 2 2 ,9 8 3 ,3 5 0 2 2 ,9 6 3 :7 2 8 2 2 ,7 6 7 ,8 6 1
S to c k (See I * v S u p p .) 1 2 ,5 0 0 ,0 0 0 1 2 ,5 0 v 0 0 0 1 2 .5 0 0 .0 0 1 1 2 ,5 0 0 ,0 0 0
B o n s (sew I n v .S d p p .) 1 0 ,0 0 0 ,0 0 0 10, 000,000 1 9 .9 0 0 .0 0 0 1 9 , 0 0 .6 0 0
A d v a n ce s to a g e n t s - .........................
5, i 7 0
5 6 ,3 6 5
7 ,876
A u d ite d v o u c h e r’'. . - .
1 9 4,399
4 3 ,3 4 9
A c c r'd i n te r o n b o n d s
8 3 .1 8 6
83 1868 6 .* 9 6
8 6 ,8 9 6
Tax* s . ............ . ............
4 7 ,1 9 2
4 4 ,8 7 3
4 4 .3 2 1
3 5 ,6 9 8
A u d ite d p a y -ro lls.
7 9 .2 8 1
7 1 ,7 5 5
7 3 ,5 1 9
65.99L
M iscell. o c o u n ts ........
1 04,041
5 4 ,1 0 1
7 ,2 8 2
4 , 2 ,9
In c o m e a c c o u n t..........
3 0 6 ,7 0 2
1 7 3 ,0 6 9
1 0 5 ,8 3 2
2 6 .5 3 8
T o ta l........................ 2 3 ,3 1 8 ,8 0 2
—Y . 66 , p . 1189.

2 2 ,9 8 3 ,3 5 0

2 2 ,9 6 3 ,7 2 6

2 2 .7 6 7 ,8 6 1

Chicago Burlington & (Jniney Railroad.
( Report for the year ending June SO, 1898.)

The annual report will be published in the Chronicle next
week. The following shows the results in brief form.
1897-9
G ro s s e a r n i u g s ....................................................$ 4 2 ,4 0 0 .1 6 2
E x p e n s e s a n d t a x e s ........................................ 2 7 ,8 1 0 ,8 8 6

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

N e t.................................................................... $ 1 4 ,9 8 9 ,2 7 6
P r o p o rtio n e x p e n s e to g r o s s ........................
<i-i'7s
O th e r in c o m e ......................................................
9 3 4 ,1 6 1

$ 1 2 ,8 6 4 ,4 1 7
63« b

T o ta l in c o m e .................................................$ 1 5 ,5 2 3 ,4 3 7
I n te r e s t, r e n ta ls , e to ..................................... .. 9 ,1 4 0 ,1-.45

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

B a la n c e ........................................... ............. $ 6 .0 -2 ,7 9 2
D iv id e n d s .....................................................(4 HPJ&J 3 ,6 9 0 ,1 2 6

$ 3 ,8 0 7 ,8 4 0
(4%) 4 ,2 8 0 ,1 1 2

B a la n c e .......................................................... $ 2 ,3 9 2 6 0 6
R e n e w a l f u n d .....................................................
I.0 0 0 ;0 0 0

$ 5 2 7 ,7 3 4

S u rp lu s fo r t h e y e a r ............................... $ 1 ,3 9 2 ,6 6 6

$ 5 2 7 ,7 3 4

* A p p ro x im a te .

The capital stock remained unchanged in amount during
the year, and the bonded debt decreased net $94,000, owing
to the purchase and cancellation of $*50,000 bonds. Simi
larly the debt of auxiliary lines was decreased by $114 500.
For construction and equipment, expenditures were $1,077,980. The rate per ton-mile was '919 cents, against '807 ceuts
in the previous year. The current assets $11,598,882, against
$10,143 343 Dec. 31, 189(5; and current liabilities $5,401,893,
against, $4,244,783.—V. 07, p. 427.
Nashville Chattanooga & St. Louis Hallway.
(T o r the year ending June SO, 1898.)

The operations for four years past are »h >wa b»low. The
figures given last week were confused in transcribing.
O p e ra tio n s—
1*07 98.
1896-97.
1 8 9 5 9*.
1894-9B .
P a s s e n g e rs c a r r ie d . 1 ,5 2 5 3 9 0
1 ,0 8 9 ,9 2 1
1 ,0 9 2 ,3 8 3
-16,691
P a s s .c a r r ie d 1 m ile . 7 4 ,9 9 1 ,5 3 9 4 5 .1 0 8 .9 S I 5 6 ,8 4 2 .6 4 6 3 6 ,5 >5,756
B a te p e r p a s n .p e rm .
1.-77 ots.
2 S lo ts .
2-12 c ts .
2-58 o ts .
F r e ig h t (tons) o a r’d . 3 ,2 2 8 .'BO
2 ,8 7 0 .6 4 *
3, >20,8 *7 2 ,7 4 0 ,3 4 0
F reight, (tons) 1 m . .4 2 8 ,9 7 6 ,8 1 0 3 8 * .0 3 7 ,6 6 2 3 8 1 .9 * 4 ,7 4 3 3 5 4 ,1 5 8 ,9 0 4
R a to p o r to a p e r m . .
0-91 c ts .
0 -9 0 ots.
0 91 o ts.
0 ’9 3 o ts.

The decrease in the rats per passenger psr mile from 2'34
months
carried
a large number of passengers at one cent per mile.—V. 67, p.
715, 732, 746.
St. Louis Southwestern Railway Company.

c e n t s to 1'77 cents is owing to the fact that for six
3 3 ,7 1 3 ,0 9 6 3 3 during
,3 1 7 ,5 9 1 the Tennessee Centennial Exposition, the road

* I n c lu d e s $ 2 5 0 ,0 0 0 p r e f e r r e d s to o k f o r d iv id e n d —V . 6 7 , p . 5 7 9 .

Minneapolis & St. Louis B ailroad.
( For the year ending June SO, 1898J

On pages 791. 794 of to-day’s Chronicle are published in
full from the annual report President Hawley’s remarks, and
in addition tlie principal tables—traffic, income, balance
•sheet, etc.
The comparative statements of earnings, etc., compiled for
the Chronicle are as follows :

( Report fo r the year ended June 30, 1898.)

President S, W. Fordyce says in part:
G eneral R e s u lts .—T h e g ro ss e a r n in g s f o r th e y e a r w e re t h e la r g e s t In
th e h is to ry o f th e ro a d . T raffic w a s s o m e w h a t r e ta r d e d b y th e y e llo w
fe v e r in th e S m ith In th e fe ll o f 1897 a n d b y floods In t h e s p r in g of
1 - 9 B, H o w e v e r, th e r e v iv a l o f b u s in e s s a n d th e good c ro p s o f 1897
m o re th a n offset th e s e u n f a v o r a b le c o n d itio n s . T h e s u r p lu s e a r n in g s ,
to g e th e r w ith o th e r r e s o u rc e s , h a v e boon a p p lie d p r in c ip a lly In liq u l-

O ctober

THE CHRONICLE.

15, 1898.1

d a tin g m a tu r in g e q u ip m e n t t r u s t o b lig a tio n s a n d in th e p u r c h a s e of
a d d itio n a l e q u ip m e n t T h e w o rk o f im p r o v e m e n ts h a s b e e n c o n tin u e d
a t f a r a s th e fin a n c ia l c o n d itio n o f y o u r c o m p a n y w o u ld p e r m it.
H e a v y e x p e n d itu r e s w e re m id e to c o m p ly w ith th e f e d e r a l la w r e 
l a tin g to s a f e ly a p p lia n c e s u p o n e q u ip m e n t. T h re e h u n d re d s ta n d a r d
b o x c a r s , ♦ 0 ,0 0 0 p o u n d s c a p a c ity , h a v e b e e n a c q u ire d u n d e r a c a r
t r u s t e x te n d e d o v e r a p e iio d o f five y e a r s , w ith a c a s h p a y m e n t o f 20
p e r c e n t ; a lso 5 0 0 n e w im p r o v e d s to c k c a r s h a v e b e e n le a s e d on
fa v o r a b le te rm s .
T h e G ra y ’s P o in t T e rm in a l R o a d w ill n o t b e re c e iv e d fro m th e c o n 
t r a c t o r s u n til a b o u t O ct. 15. T h e e x te n s io n o f th e P a ra g o u ld S o u th 
e a s te r n R a ilw a y to H o rn e rs v ille , in s o u th e a s t M isso u ri, w a s c o m p le te d
i n O c to b e r, 1897.
,
T r a c k a g e in to D a lla s .—A c o n tr a c t w ith th e O n lf C o lo ra d o & S a n ta
P e Ry. (A tc h iso n S y ste m ), e ffe c tiv e A u g . 1, 18 9 3 , g iv e s u s t h e u s e of
t h a t c o m p a n y ’s lin e o f ro a d fro m W y lie , T e x ., to D a lla s, T e x ., w ith
te r m in a ls ar D a lla s. T h e c o n tr a c t e x p ir e s in t e n y e a rs , a n d m a y b e
o a n c e h d u p o n s ix m o n th s ’ n o tic e . T h e te r m s (d e s c rib e d in th e re
p o rt) a re b e lie v e d to be m u c h m o re a d v a n ta g e o u s to y o u r c o m p a n y
th a n in d e p e n d e n t fa c ilitie s .
P rospects. —T h e pro-*peots fo r c ro p s in th e c o u n tr y tr i b u t a r y to th e s e
lin e s a re fu lly a s wood, if n o t b e tte r , t h a n th e y w e re fo r la s t y e a r , a n d
g e n e r a l b u s in e s s is q u ite s a ti s f a c to r y .

Statistics o f Operations.—Following are the leading facts
regarding traffic mov*-m3nt for four years:
1 8 9 7 -9 8 .
1 8 9 6 -9 7 .
18 a5 96.
1 8 9 4 °5 .
M iles o p e r. J a n e 3 0 .
1,223
1 ,2 2 3
1 ,2 2 3
1,223
P a s s e n g e r s c a r r ie d ..
8 2 * ,5 3 3
8 0 3 ,6 4 4
9 3 5 ,5 5 5
8 3 8, 84
D> c a r ’d 1 m ile ... 3 7 ,1 5 3 ,6 9 1 3 3 ,2 1 4 295 4 0 ,1 5 9 ,6 9 7 3 6 ,7 1 4 .0 4 0
A v « r. h a u l, m ile s ..
44*84
41*33
42*93
43*80
R a t e p e r p a ss . p. m . . 2*30 o ts .
2*36 e ta .
2 3 5 e te
2*42 cts.
R o y .p p a -s . t r a i n m . $0*5780
$ 0 * 5374
$0*6*63
$0*6452
T o n s fr e ig h t m o r e d .
1 ,7 7 3 ,3 3 3
1 ,5 2 4 ,7 0 9
1 ,4 8 7 ,0 7 8
1 ,4 0.257
Do
o n e m i l e . .3 5 8 ,1 0 * ,7 3 7 3 2 5 ,4 7 2 .1 9 2 3 1 2 , 9 8 .7 1 4 J3 0 6 2 4 5 .0 0 0
A y e r, h a u l, m i l e s ...
201*94
2 .3 47
210*48
2 1 0 33
R a t e p. to n p . m ile .
l* 1 6 c ts .
i *13 ots.
1*18 c ts .
1*32 ots.
R e y .p .f r ’n t t r a i n m_
$1*079
$1*8181
$18733
$ 2 1203
A v e ra g e lo a d , to n s .
163*68
159*73
157*49
15 *38
L u m b e r ............. to n s .
7 9 8 ,0 9 2
7 0 9 .6 6 4
7 5 7 ,8 7 3
6 ) 8 . ' 79
C o lto n .................to n s .
1 5 ' .3 - 3
1 1 2 ,9 8 3
9 7 .6 2 1
1 6 3,022
C o t’n s e e d p r ’d to n s .
1 3 0 ,7 2 0
6 8 ,0 5 4
7 1 ,3 3 6
1 0 6 .4 5 6
1 2 7 , 15
1 4 2 ,2 7 5
8 1 .3 8 7
61,378
G r a i n ..................to n s .
L iv e s to c k ........to n s .
6 5 ,5 6 2
5 4 ,9 8 8
5 8 ,1 4 7
5 1 /0 4
4 7 ,4 7 9
3 6 ,0 5 2
5 2 ,0 6 6
47,246
C o a l......................to n s .

O perations, earn in gs, ch arges, e tc ., w ere as follo w s:
O P E R A T IO N S A N D F IS C A L R E S U L T S .

E a r n in g s —
P a s s e n g e r .....................
F r e i g h t .........................
M ail, e x p . a n d m is o .

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

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

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

1 894-95
$
8 89,305
4 ,0 7 2 ,1 6 4
2 5 5 ,0 6

T o t a l .....................
E x p e n se s—
T r a n s p o r t a t i o n ........
M o tiv e p o w e r............
M a l. te u ’oe o f c a r s . .
M a in te n ’o e o f w a y ..
G e n e r a l .......................

5 ,2 7 9 ,3 3 2

4 ,7 4 3 ,5 4 6

4 ,9 0 4 ,4 9 0

5 ,2 1 7 ,1 7 5

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

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

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

1 ,4 4 2 .0 6 8
9 7 3 ,8 9 6
2 93,441
1 ,0 7 8 ,9 7 5
189,341

T o t a l ......................
N e t e a r n in g s ..............
P . 0 ol exi*. to e a r n .
O th e r in c o m e ............

4 ,1 7 3 ,3 2 8
1 ,1 0 6 ,0 0 4
(79*05)
8 ,9 0 7

3 ,8 5 5 ,8 8 8
8 8 7 ,6 5 8
(81*29)
3 ,5 8 4

T o ta l.......................
D e d u c t—
T a x e s .............................
I n t . o n 1 s t M. b o n d s
O th e r ite m s ................

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

4 ,1 3 2 ,3 7 6
7 7 2 ,1 1 4
(84*26)
1 0 ,0 7 7

3 ,9 7 7 ,2 2 1
1 ,2 3 9 ,9 5 4
(76*23)
24,3 9

8 9 1 ,2 4 2

7 8 2 ,1 9 1

1 ,261,273

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

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

117,729
8 0 0 ,0 0 0
4 0 ,3 5 1

T o t a l......................
9 5 7 ,6 2 0
9 5 4 ,4 3 0
9 6 0 ,0 4 2
9 58,083
B a l a n c e . ..................... sn r.1 5 7 ,2 9 1 d e l.6 3 ,1 8 8 d e f.1 7 7 ,8 5 1 su r.3 0 6 .1 9 0
t I n th e o p e r a tin g e x p e n s e s a r e in c lu d e ) f o r b e tte r m e n ts in 1893-94,
$ 1 1 3 ,5 4 8 ; in 1894 9 5 . $ 1 9 7 ,0 8 6 ; in 1 8 * 5 9 6 , $ 2 1 0 895.
C O N D E N S E D B A L A N C E S H E E T ( E N T I R E S Y S T E M ) JUNE 20.
1898.
18 9 7 .
1896.
1895.
A ssets—
$
$
$
$
C o s t of ro a d & e q u ip . 6 5 ,6 1 6 ,3 4 3 6 5 ,4 5 7 ,5 1 5 65,4-14.911 6 5 ,4 2 2 ,3 8 9
C o n s tr u c tio n a c o 'ts .
2 1 ,5 3 1
2 1 ,5 3 1
2 1 ,5 3 1
2 ,531
R e a l e s ta te _______
2 7 ,3 2 8
2 7 ,3 2 8
27,32-1
27, 28
I n y . i n s t ’k s & b o n d s .
3 0 2 ,1 8 *
2 7 5 ,2 5 0
4 1 6 ,7 5 0
6 33,115
A d v a n c e s to a g e n t s .
5 ,9 5 4
3 ,5 7 6
6 ,3 3 4
i n , 86
C a s h ...............................
1 7 8 ,0 1 6
1 5 6 ,7 1 8
1 5 0 ,3 4 5
1 5 6 ,2 9
S u n d r y a o et. c o lle c t.
2 4 8 ,5 7 5
1 1 1 ,9 3 9
1 7 1 ,2 6 9
1 21,932
S u p p li e s * m a te r ia ls
2 3 1 ,3 1 2
2 4 7 ,8 7 7
2 8 9 ,2 7 4
2 51,413
M isc e lla n e o u s .............
2 2 ,3 9 4
4 ,6 5 0
2,2*>7
6 6 ,3 0 6 ,4 3 4

66,532,1,09 6 6 ,6 * 2 ,9 8 3

P r e f e r re d s to c k ........ 2 0 ,0 0 0 ,0 0 0 2 0 ,0 0 0 .0 0 0
C om m n s to c k .......... 1 6 ,5 0 0 ,0 0 1 6 ,A 00,»00
B o n d s (see S c p ’ m’t ).
2 8 ,0 0 0 ,0 0 0 2 8 ,0 0 0 ,0 0 0
E q u ip 1' i r u s t n o t e s ..
3 3 5 ,7 1 1
2 * 4 ,5 5 8
I n t e r e s t ......................
1 3 3 ,3 3 1
165, 33
N o to sS tsu id ry a c t's .
1 ,3 2 3 ,2 7 2 1 ,0 8 9 ,8 6 3
M isc e lla n e o u s a o t’s
1 1 0 ,6 '9
9 0 ,3 7 6
C r e d it o f In co m e a c t .
3 1 0 ,6 7 7
1 6 5 ,7 0 3

T o ta l .................... 6 6 ,7 1 3 ,6 1 1

2 0 , 0 0 0 / 0 0 2 0 ,000.000
1 6 ,5 0 0 ,0 0 0 16,**00,00<>
2 8 ," 0 ,0 0 0 2 8 ,000,000
35 .0 3
4 7 0 ,5 0 0
1 7 1 /9 3
1 73,7*3
1 ,1 4 9 ,8 * 7
8 9 4 /9 0
6 2 .5 0 2
82,500
2 8 8 ,6 2 3
5 31,300

L ia b ilitie s —

T o t a l ...................... 6 6 ,7 1 3 ,6 4 2
A . 65 , p . 725.

6 6 ,3 0 6 ,4 3 4

6 6 ,5 3 2 ,0 0 9

6 6 ,6 5 2 ,9 8 3

Iowa Central Railway.
f Report fo r the fiscal year ending June 80, 1898, J
President Horace J, Morse says in substance :
O f th e s u rp lu s in o o m e fo r th e y e a r $ 5 8 ,5 9 1 w as e x p e n d e d in c o n 
s tr u c tio n a n d b e tte r m e n ts , le a v in g $ 1 0 5 ,4 7 7 to be c a rrie d to s u rp lu s
a c c o u n t f o r th e y e a *. T h is m a d e a o r e d lt to s u r p lu s o f $ 6 3 9 681.
S in c e th e d o s in g o f th is r e p o r t a r e a d ju s tm e n t o f lu o o m e o r s u rp lu s
a c c o u n t e n d c o s t o f ro a d a n d e q u ip m e n t h a s b e en m ad * , re d u c in g th e
c r e d it to in c o m e a c c o u n t to $ 1 5 2 ,4 6 8 a s r e p r e s e n tin g its a c tu a l c o n 
d itio n . I h e d e b it o n ew e q u ip m e n t a o c o u u t o f $ 1 6 6 ,9 2 8 re p r e s e n ts
a n e x p e n n tu r e fo r t h a t p u rp o s e d u r in g th e l a s t fiscal y e a r . 8 iu e e 'h e
r e p o r t a d d itio n a l e q u ip m e n t h a s a lso h* e n c o n tr a c te d for. T h e comp ,n y h a s sold a t a f a ir p re m iu m $ 2 5 0 ,0 0 0 o f t e a s u ry b o n d s a n d a p 
p lie d th e p r o e e is to pay in en r, fo r a ll till- e q u ip m e n t, le a v in g t ,e s u r 
p lu s , a s s ta te d a b o v e , in c a s h in th e tre a s u r y .
As to prospects for business 'he G e n e r a l M a n a g e r says :
“ F ro m w h a t i n s b e e n s a id c o n c e rn in g o ro p p ro s p e o ts , th e f n tu r e n n t
o ok fo r o u sln ess, to g e th e r w ith th e im p ro v *d o a p a o ity o f y o u r p ro p 
e r ty , I feel y o u a re w a r r a n te d , u n le s s s o m e th in g e n tire ly u n fo re s e e n
o o o u rs, i a b e lie v in g a u d e x p e c tin g la r g e r e a r n in g s d u r in g th e c o m in g

787

y e a r th a n h a v e e v - r b e e n s h o w n h e re to fo re , a n d X a lso fe e l t h a t in th is
re s p e o t y o u c e r ta in ly w ill n o t be d is a p p o in te d .”
Statistics.— S t a t i s t i c s o f e a r n i n g s , e x p e n s e s , c h a r g e s , e t c . ,
have b e e n c o m p i l e d f o r t h e C h r o n i c l e a s f o l l o w s :

OPERATIONS AND FISCAL RESULTS.

1 S 97-98.
1 8 9 6 -9 7 .
1 8 95-96.
1 8 9 1 -9 5 .
A v e. m ile s o p e r a te d
509
509
500
498
O p e ra tio n s—
P a s s , c a r r ie 1 (N o.).
4 7 8 ,1 5 5
5 0 5 ,2 8 2
5 2 3 ,5 3 7
4 9 7 ,4 9 8
*‘
1 m ile. 1 3 ,0 9 7 , 2 4 1 2 ,5 7 1 ,7 6 1 12, 7 S ,4 (1 1 1 ,- 4 2 ,7 5 7
R a te p. p a ss . p. m ile
2-43 o ts.
2*39 o ts.
2-5 0 o ts .
2*47 o ts.
F r e ig h t (tons) o a r ’d .
1 ,3 2 3 ,3 4 2
1 ,1 2 3 ,1 4 7
1 ,1 9 6 /7 3
1 ,1 4 5 ,6 3 8
F r ’t (tons) o a r l m . 1 5 5 ,9 9 3 ,1 3 4 1 3 4 ,7 1 9 ,7 8 6 1 6 1 ,0 5 4 ,0 8 7 1 2 8 ,8 2 5 ,6 3 0
R .i t e p e r t o n p e r m . .
0*94 c ts .
0*88 c ts.
0 '9 0 c ts .
0*94 ots.
E a r n in g s —
$
s
$
$
P a s s e n g e rs ..................
3 2 3 ,5 2 9
3 0 5 ,5 5 0
3 2 9 .6 4 0
2 9 8 ,3 0 1
F r e i g h t ........................
1 ,4 7 2 ,7 1 0
1 ,1 8 6 .5 9 3
1 ,4 4 5 , 95
1 ,2 1 1 ,1 2 4
M ail, e x p re ss , * 0 . . .
7 2 ,1 1 0
7 2 ,0 6 2
6 4 ,3 7 3
.-9,796
T o ta l............. .........
Expenses—
M ain, or w a y , * o . . .
•*
e q u ip ............
C o n d 'n g t r a n s p t ’n . .
G e n e ra l.........................
T a x e s ............................

1 ,3 6 8 ,3 4 9
3 8 3 ,4 1 4
18 >,547
6 2 2 ,1 7 2
8 i,5 2 3
6 2 ,1 5 2

3 1 9 ,9 2 0
1 3 3 ,7 6 8
5 5 6 /4 9
8 9 ,9 2 4
63, .8 3

3 0 0 ,4 6 1
1 4 5 ,8 9 8
5 9 1 ,5 0 6
1 2 1 .r - 7
8*2,870

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

T o t a l .....................
N e t e a r n in g s ___
P e r o . ex. to e a r n s .
R e n t a ls .........................

1 ,3 3 4 /0 8
53 1 ,5 t l
(71*5$)
1 1 ,7 7 7

1 ,1 6 3 ,6 4 4
4 0 0 ,5 6 1
(74 39)
7 ,7 * 7

1,2*22,322
6 1 7 ,3 8 5
(66*44)
1 4 ,346

1 ,1 1 0 ,7 8 7
4 8 ,4 3 4
(70 79)
1 4 ,7 .1

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

5 4 3 ,3 1 8

4 0 8 ,3 4 8

6 3 1 ,7 2 1

4 7 3 ,l s 5

I n te r e s t on b o n d s ...
O th e r i n te r e s t............
R e n ta ls .........................
M isc e lla n e o u s............

3 1 9 ,6 2 9
cr. t.b q j
5 7 ,9 6 0
6 1 ,“ 4 8

8 1 7 ,2 8 7
c r 455
5 7 ,9 6 0
3 0 ,0 5 4

3 1 6 ,3 0 0
5 .1 0 3
.51,760
8 0 ,2 3 8

3 1 6 ,3 0 0
I d ,086
48 9 6 0
9 4 .8 7 5

7)>

tc

1,56 4,205

1 ,8 3 9 ,7 0 8

1 ,5 6 9 ,2 2 1

T o ta l.......................
4 3 7 ,8 1 0
4 0 4 ,8 6
4 5 3 ,4 0 1
4 0 ‘,221
S u r p lu s .........................
1 0 5 ,4 7 8
3 ,5 0 2
1 7 8 ,3 2 0
6 9 ,9 6 4
CONDENSED BALANCE SHEET JUNE 30.
18 9 8 .
18 9 7 .
18^6.
1895.
A ssets—
$
$
$
$
R o a d a n d e q u ip ....... 20,9:*4.249
2 0 ,8 1 4 ,5 0 0 2 0 / 4 5 , 0 5 7 2 0 ,5 9 5 ,2 5 6
S u p p lie s o n h a n d .. .
152 613
1 3 « ,4 9 1
1 8 7 .1 9 4
1 2 3 ,7 8 3
4 0 ,9 9 4
4 3 .3 1 3
;>6,662
6 9 ,7 4 3
C a s h o n h a n d ..........
S u n d ry aocts. c o l’l..
1 2 9 ,6 8 2
7 5 ,7 0 0
8 9 ,1 0 5
5 8 ,6 8 6
B al o f b o n d s * sto o k
H U tliorized................ 5 ,5 4 2 ,9 6 6
5 ,6 9 3,716
5 ,6 9 ? ,8 2 6 5 ,9 6 0 ,0 * 2
M is c e lla n e o u s ...........
1 6 9 .8 7 0
1 2 .4 3 0
1 ,9 * 5
1,815
T o t a l ..................... 2 7 ,0 3 0 ,3 7 9 2 0 ,8 0 3 ,1 5 0 2 6 ,8 5 3 ,1 2 3 2 6 ,8 2 9 ,2 8 5
L ia b ilitie s —
B a la n c e o iue. ao o t.
8 3 9 ,6 8 2
5 3 4 ,2 0 4
5 3 0 ,7 0 2
3 5 2 ,3 8 2
S to o k a n d s c rip (see
I n v e s t o r s 'S i i p p ) 1 4 ,1 5 1 ,3 1 8 1 1 ,0 2 6 ,8 0 1 1 4 ,0 2 6 ,6 9 1 1 3 ,7 8 2 ,6 0 8
B o n d s a n d s o rip (-ee
INVESTORS’ 8UPP.)
6 ,3 5 5 .6 1 5
6 ,3 3 0 ,4 * 3
6 ,3 3 0 ,1 8 2 6 .3 2 7 ,3 7 0
In t. d u e & a o o ru e d ..
4 3 .7 55
4 4 .3 7 1
4 7 ,7 7 3
6 ,0 8 3
M is a c o ts p a y a b le .
2 5 0 ,5 3 3
1 4 4 ,9 3 2
1 9 6 /7 3
14 ,8 5 2
........
..........
..........
1 8 5 ,9 7 5
B ills p v y a b ie ............
T a x e s a o o rn .,n o td u e
2 9 ,5 0 8
2 9 ,6 4 3
2 7 ,5 1 6
2 6 ,7 2 5
T ra n s , o e rts. to b e
re d e e m e d ...............
..........
..........
264
2 67
B d s (festks in tre e s . 5 ,5 4 2 ,9 6 1
5 ,8 9 2 ,7 1 6
5 ,6 9 1 ,8 6
5 ,9 6 0 ,0 2 2
M isc e lla n e o u s ...........
1 6 .9 0 1
..........
..........
..........
T o t a l ..................... 2 7 ,0 3 0 ,4 7 8
—V. 67, p. 371.

2 6 /0 3 ,1 * 0

2 6 ,8 5 3 ,1 4 9

2 6 ,8 2 9 ,2 8 5

Cape Fear & Yadkin Valley Railway Company.
( Statement for year ending June 30, 1898 J
Receiver John Gill has farored us with the following :
1897-8.
G ro s s e a r n in g s .;....................................................$ 5 9 8 ,2 0 6
O p e ra tin g e x p e n s e s ............................................. 4 3 9 ,3 9 8

1890-7.
$ 5 5 8 ,9 2 9
4 4 ,3 2 2

N e t e a r n in g s ....................................................$ 1 5 8 ,8 0 8
$ 1 1 4 ,6 0 7
T a x e s a n d r e n ta l So. C a r o lin a
Pacifto R R ....................................... $ 2 4 ,5 7 8
$ 2 5 ,4 0 5
B e tte r m e n ts ........................................ 3 8 ,7 0 4 — 6 3 ,2 8 3 4 9 ,9 2 6 — 7 5 ,3 3 1
-V

N e t o p e ra tin g in c o m e .....................................$ 9 5 ,5 2 5
66, p. 1187.

$ 3 9 ,2 7 6

Pullm an’* Palace Car Company.
( Report for year ending July 31, 1898.)
The report submitted at the annual meeting in Chicago on
Thursday is reported by telegraph as follows;
Y e a r e n d in g J u l y 3 1 —
1898.
1 97.
1896.
E a rn in g s fro m o u rs ............................ $ 8 , 5 9 8 / 3 8 $ 7 ,7 4 3 ,3 4 4 $ 8 ,1 6 2 ,4 6 0
P a te n t ro y ’l t ’s, m a n u f. p ro fits,& o . 2 ,0 7 6 ,0 3 0
1,23 1 ,5 4 4
1 . 0 8 ,9 2 3
T o ta l r e v e n u e ............................. $ 1 0 ,6 7 4 ,8 6 8 $ 8 / 7 4 , 8 8 8 $ 9 , 2 4 4 / 8 3
O p e ra tin g e x p e n s e s
.................. 3 ,7 7 6 ,3 1 4
3 , 5 11,868
3 ,7 3 0 ,0 7 9
8 4 7 ,-9 8
P a id o th e r s le e p in g c a r a ss o o ’t ’s .
8 '1 ,6 3 4
8 1 z ,1 6 9
O th r e x p e n ee ..................................
7 9 3 . 0 '6
..............
1 3 8 ,9 9 8
2 ,8 8 0 ,0 0 0
D iv id e n d s o n o a p ita l s to o k ............ 2 ,880 ,0 00
2 ,880 ,0 00
N e ts u r p lu a f o r y e a r .................. $ 2 ,3 9 3 ,8 8 4
—V. 6 ; , p. 75.

$ 1 ,7 7 0 ,8 5 1

$ 1 ,6 4 7 ,4 0 8

GENERAL INVESTMENT N E W S
Reorganizations, Etc.—Defaults, Reorganiz it 'on, Plans,
Etc.—The usaal index is omitted this wie*. but that cov
ering the item* published to sept. 17, inclusive, will be found
in the Chronicle of September 24.,
American Tobacco.—Continental Tobacco.— Pu chase of
Drumm md Co. Consummate l —At St Louis on Saturday
last the purchase of the Drum uoml T >b tceo C >. was con
summated, and the purchase price, $4.4)7,500, was p tii in
certified checks. J. B. Duke, President of the American
Tobacco Co., acted in behal of that corporati in, and Htrrison
I. Drummond represented the Drummond Tobacco Co. The
plant acquired is reported to have a daily capacity of 175 000
pounds of plug tobacco (one ac grant says 13, *00,000 yearly),
besid-s 1,000.000 cigarettes da ly, aud a large amount of
smoking tobacco. It is to be operated, according to rep >rt,
as before the sale, with Harrison I. Drummond as resident

788

THE CHRONICLE.

m a n a g e r. T b e re a l e s ta te c o n v ey ed b ro u g h t $458,000, re v e n u e
s ta m p s fo r $458 b e in g affix ed to tb e deed.

The “ St. Louis Globe-Democrat” says:

T h e D ru m m o n d p la n t o c c u p ie s a n e n tir e b lo c k b e tw e e n T h ird a n d
F o u r th , S p ru c e a n d V a le n tin e s tr e e ts . I t c o n ta in s th r e e b u ild in g s
s e v e n s to rie s h ig h , a n d th re e liv e s to rie s in h e ig h t, a n d e m p lo y s s e v 
e ra l h u n d r e d p e o p le . I t ie e s tim a te d t h e e n tir e p l a n t c o u ld b e r e 
p la c e d , w ith m o d e rn a p p lia n c e s in e v e r y p a r tic u la r , fo r $ 4 5 0 ,0 0 0 . a n d
th is M r. D ru m m o n d s m ilin g ly a c k n o w le d g e d w a s tr u e . P la c in g th is
fig u re a t $ 5 0 0 ,( 0 0 . it a p p e a r s t h a t H ie “ g o o d w ill, tr a d e m a rk s , e to ,”
w e re w o rth $ 3 ,0 0 0 ,0 0 0 to th e t r u s t T h e “ e t c e t e r a ” in th is c a s e is
s a id to r e p r e s e n t th e t r u s t ’s d e s ir e to a c q u ir e th e p la n t a n d s h u t off
th e c o m p e titio n w h ic h w a s h u r t i n g i t. O n ly th e L ig g e tt & M y e rs c o n 
c e r n n o w r e m a in s a s a th o r n in th e flesh o f th e tr u s t , a n d in te r e s tin g
d e v e lo p m e n ts c a n n o t lo n g b e p o s tp o n e d .

T h e p re lim in a rie s f o r th e c o n s o lid a tio n o f v a rio u s le a d
in g p in g to b a c c o c o m p a n ie s u n d e r th e ti t l e of th e C o n 
tin e n ta l T o b a e c o Co. a re p e n d in g . A li s t o f th e s e v e ra l
c o m p a n ie s e n g a g e d in th e b u s in e s s , w ith th e i r a p p ro x i
m a te c a p a c ity , w a s g iv e n in T h e C h r o n i c l e o f O c t. 1, on
p a g e 688. T h e B u tle r p la n t w a s p u rc h a s e d so m e w e e k s a g o ,
a n d m o re r e c e n tly th e B ro w n p la n t w a s a c q u ire d fo r a s u m
sa id to h e $1,260,000
T h e L ig g e t t & M yers C o. s t il l s ta n d s
o u t a n d p ro p o s e s to fig h t.—V . 67, p. 688.

[V oi. LXVII

c e n t b o n d s o u ts ta n d in g to a b o u t $1,000,000, d u e a n d p a y a b le
in 1900. T h e 4)-£ p e r c e n t b o n d s, e x c e p t f o r th e s e $2,000,000 7s y e t o u ts ta n d in g , c o n s titu te , to g e th e r w ith th e 4 p e r
c e n t c o n so lid a te d m o rtg a g e b o n is , a firs t m o r tg a g e u p o n th e
e n tir e s y s te m of th e ra ilr o a d c o m p a n y . T h e o ffer is n o w
m a d e to th e h o ld e rs o f th e 7 p e r c e n t b o n d s to r e f u n d th e
m m e in to th e i}£ p e r c e n t g o ld b o n d s, o f 1936 a t th e p ric e
of 104 p e r c e n t, th e 7s to b e ta k e n on a 3 l j p e r c e n t in te r e s t
b a sis to m a tu r ity . A s ta te m e n t s h o w in g ” th e e x a c t te r m s
u p o n w h ic h th e e x c h a n g e is m a d e c a n b e h a d o n a p p lic a tio n
to th e firm s a b o v e n a m e d o r a t th e U n ite d S ta te s T r u s t C o.,
w h e re b o n d s s h o u ld be p re s e n te d fo r c o n v e rs io n .—V . 67, p. 578.
F e d e r a l S te e l .— Officers: —T h e fo llo w in g officers a n d d i
re c to rs w e re e le c te d on T h u r s d a y :
D ire c to rs : J , P io r p o n t M o rg a n a n d R o b e rt B a c o n o f N e w Y o rk ;
M a rsh a ll F ie ld . N o rm a n B. B ea m a n d H . H . P o r t e r o f C hicag o ; E . H .
G a ry , D . O. M ills. R . P. F lo w e r, G. C. C u y le r o f N e w Y ork; S a m u e l
M a th e r o f C le v e la n d , N a th a n ie l T h a y e r o f B o sto n , B e n ja m in C. V an
D y k e o f N ew J e r s e y , C h a rle s O. C lift “a n d C h a rle s M cV eagli o f N . Y.
O fficers: E . H . G a ry , P r e s id e n t a n d G e n e r a l C o u n se l; H . H . P o r t e r ,
C h a irm a n o f t h e B o a rd , a n d R ic h a r d T rim b le , S e c r e ta r y a n d T r e a s u r e r ,
- V . 67, p . 736.

G e o rg ia & A la b a m a R y .—G e o r g ia & A la b a m a T e r m i n a l
B e a r V a lle y I r r i g a t i o n Co. o f R e d la n d s , C a l.— Reorgani Co.—New Terminals a t S a v a n n a h .—Guaranteed Bonds.—
zation.—R e p ly in g to o n r in q u iry , A. G . H u b b a rd , o f B ed- P r e s id e n t J o h n S k e lto n W illia m s a n d o th e r s id e n tifie d w ith

la n d s , C a l., of th e b o n d a n d n o te h o ld e rs ’ c o m m itte e , w r ite s : th e G e o rg ia & A la b a m a R y . h a v e a p p lie d f o r a c h a r t e r fo r th e
R e g a r d in g t h e p ro p o s e d t r a n s f e r a n d r e - o r g a n iz a tio n o f th e B e a r G e o rg ia & A la b a m a T e rm in a l Co. p r e p a r a to r y to p ro v id in g
V a lle y s y s te m b y ih e w a te r u s ^ rs u n d e r th e B e a r V a lle y s y s te m , to th e r a ilw a y c o m p a n y w ith i t s o w n te r m in a ls a t S a v a n 
w h ic h n o d o u b t y o n r e f e r in y o u r l e t t e r , I a m s o rry t o s a y t h a t a t
A b o u t 500 a c re s o f la n d w ith one m ile o f
p r e s e n t e v e r y ih in g is in s t a t u q u o . T h e w a t e r u s e r s h a v e fa ile d so f a r n a h , G a.
to c o m p ly w ith th e a g r e e m e n t f o r th e p ro p o s e d s e tt le m e n t b e tw e e n w a te r
fro n t have
been
p u rc h a s e d on
H u tc h in s o n ’s
m y s e lf f o r th e S a v in g s & T r u s t Go. o f C le v e la n d , O hio, a n d H . H . Is la n d , j u s t o p p o site th e c ity .
In c lu d in g th e la n d , o v e r
G a m i n r e p r e s e n ti n g t h e w a t e r u s e r s . I a m u n a b le to s a y a s y e t
w h e th e r th e d e a l w ill h e fin a lly c o n s u m m a te d o r n o t,—V ol. 67, p . 481. a m illio n d o lla rs w ill h e iu v e s te d in th e n e w fa c ilitie s . T h e se
w ill in c lu d e f o u r m ile s of t r a c k c o n n e c tin x th e p ro p e r ty w ith
B r o o k ly n Queens ftu n ty A Suburban RR.—B r o o k ly n
a in lin e of th e r a ilw a y . T h e T e rm in a l C o m p a n y 's c a p 
Rapid Transit.—Guaranteed B o n d s .— O f th e $2,834,000 c o n  itht ael m
sto c k o f $3 >0,000 w ill be o w n e d b y th e G s o r g i t A A la 
s o lid a te d m o r tg a g e b o n d s o f th e B ro o k ly n Q a e e n s C o u n ty &
b a m a R y . C o., w h ic h , as lessee of tb e p r o p e r ty , w ill g u a r 
S u b u rb a n R R ., a ll b u t about, $600,000 h a v e b een g u a r a n te e d
a n te e a n issu e o f b o n d s a g g re g a tin g , i t is u n d e rs to o d , $1,000,b y th e B ro o k ly n R a p id T r a n s i t C o.— V. 67, p. 318, 688.
000. T h e b o n d s h a v e a lre a d y b e e n o v e r-su b sc rib e d . T h e r a i l
California Northwestern R y .— S a n Francisco A North w a y c o m p a n y also c o n te m p la te s th e c o n s tru c tio n of a lin e o f
Pacific R y .— Official Statement. —T n o s. M e lle rsh , S e c re ta ry it s o w n b e tw e e n S a v a n n a h a n d H e ld r im to re p la c e t h e
a n d C o n trc ll e r o f th e C a lifo rn ia N o rth w e s te rn B y . c o n firm s tw e n ty m ile s of th e C e n tra l o f G e o rg ia R y . n o w o p e ra te d
as p r a c tic a lly c o rr e c t th e i <e m s c o n c e rn in g his c o m p a n y t h a t u n d e r tr a c k a g e r i g h ts .—Y . 67, p. 272.
h a r e a lre a d y a p p e a re d in T h e C h r o n i c l e , a n d sa y s :
G r e a t N o r t h e r n R y .— Dividend Increased.—T h e q u a r t e r l y
T ie . C a lifo rn ia N o r th w e s te r n R y . Co. le a s e d o n a n d fr o m t i e 2 0 th of
4 p e r c e n t,
S e p te m b e r la s t, f o r a p e rio d o f 2 0 y e a r s , a n d is n o w o p e ra tin g , th e e n  d iv id e n d w a s th is w e e k in c re a s e d fro m 1% to i :>
ti r e p r o p e r ty o f th e S a n F r a n c is c o & N o r th P a c ifio R y . Co. T h e r e n t a l m a k in g th e r a t e 7 p e r cent, in s te a d o f 6 p e r c e n t p e r a n n u m .
th e r e f o r is a n a g r e e d a m o u n t, b e s id e s w h ic h th e n e t e a r n in g s e a r n e d T h e a n n u a l r e p o r t w ill be fo u n d o n p a g e s 796 to 801,
o v e r a n d a b o v e snob r e n t a l a t th e e x p ir a tio n o f t h r e e y e a r s a re to bo
Meeting Adjturned.—Ecehange of Stock .—T h e p ro p o s i
d iv id e d a m o n g th e s to c k h o ld e r s o f t h e S a n F r a n c is c o & N o r th P a 
cific, T h e C a lifo rn ia N o r th w e s te r n h a s th e r ig h t to b u ild 2 0 0 m ile s of tio n s to u c h in g th e c o m p a n y ’s c a p ita l s to c k , w h ic h w e re
ro a d , b u t o u ly a b o u t 8 0 m ile s is c o n te m p la te d to b e b u ilt a t fir s t. m e n tio n e d in o u r issu e or A u g . 20, p a g e 370, w ill be a c te d o n
B o n d s to th e a m o u n t o f $ 1 ,0 0 0 ,0 0 0 h a r e b e e n e x e c u te d a n d a re n o w
in e s c ro w w ith th e A n g lo C a lif o r n ia n B an k , w hioli b o n d s a r e to b e a p  a t a n a d jo u r n e d m e e tin g o f th e sto c k h o ld e rs n e x t w eek . W e
p lie d f o r th e o o n s tru o tio n o f 4 0 m ile s o f ro a d . T h is m ile a g e is fu lly u n d e rs ta n d th e p la n is to in c re a s e th e sto c k is su e fro m $50,e x p e c te d to b e p u t in o p e r a tio n w ith in a s e a r ly a d a te a s p r a c tic a b le . 000,000 to $75,000,000, m a k in g i t a ll o f o n e c la ss, a n d to o ffe r
T he s e c u ritie s o f th e C a lifo rn ia N o r th w e s te r n R y . Co. a r e g u . r a n t e e d
b y th e S a n F r a n c is c o & N o r th P ao iflo R y . C o., a n d a s th e r e a re tp o s s i- $125 of th e n e w sto c k fo r e a c h $101 o f th e $20,000,>'0 ) c a p ita l
b ilitie s fo r e e r y la r g e e a r n in g s a s s o o d a s t h e t im b e r r e g io n is i ea-ohed, Stock o f th e S t. P a u l M in n eap o lis & M a n ito b a . T n e g r e a t e r
sh o u ld b e A l. T h e in te r e s t is a t th e r a t e o f 5 p e r c e n t, w ith a s in k in g p a r t of th e M a n ito b a s to c k , i t is u n d e rs to o d , h a s a g re e d to
fu n d c la u s e .—V, 6 7 , p . 3 7 0 , 6 6 8 .
th e e x c h a n g e , w h ic h , w h e n effe c te d , w ill b e fo llo w e d b y
C e n t r a l i a A C h e s te r RR.—Suit fo r Neui R eceiver.-The th e c o n so lid a tio n o f th e tw o c o rp o ra tio n s . T n e p ro p o s itio n toF a r m e r s ’ L o a n & T r u s t C o., a s m o r tg a g e tr u s te e , h a s a p p lie d th e M a n ito b a s to c k h o ld e rs w ill be m a d e s h o r tly —V . 67, p, 370;
to th e U n ite d S ta te s S u p re m e C o u rt a t S p rin g fie ld , 111., fo r
H a w a iia n C o m m e rc ia l & S u g a r Co.— Capital Unchanged.
th e a p p o in tm e n t o f a n e w re c e iv e r in p la c e o f th e p re s e n t
—T h e sto c k h o ld e rs y e s te rd a y d e c id e d n o t to m a k e th e p r o 
re c e iv e r, C. M . F o rm a n . —V . 67, p. 735.
posed in c re a s e o f $5,000,000 in th e a m o u n t o f th e c a p ita l
Central Ohio RR.—S a n d u s k y Mansfield A Newark R R .— sto c k .—V . 67, p. 756.
Columbus A Cincinnati Midland RR.—N e w a r k Somerset &
I n d i a n a A L a k e M ic h ig a n R y . —Foreclosure Sale Nov. 10.
Straitsvilie RR.—Pittsburg J u n c t i o n RR.—Baltimore &
Ohio BR.—Deposits Lim ited to Nov. 1.—T h e r e o r g a n iz a tio n —T h e sa ls is a d v e rtis e d fo r N ov. 10 a t S o u th B an d , In d . T h e
m a n a g e rs , r e f e r r in g to th e p la n (in Chronicle o f O ct. 1, u p s e t p ric e is $100,010.— V. 67, p . 28.
J a m a ic a (N . Y .) M a t e r S u p p ly Co . —$400,000 New Bonds.
p a g e 0^8), in f o rm th e s e c u r ity h o ld e rs t h a t d e p o sits m u s t be
m a d e w ith th e d e p o s ita ry , th a M e rc a n tile T r u s t Co. o f N e w —T h e c o m p a n y h a s is su e d $400,000 5 p e r c e n t b o n d s, $950,000
Y o rk , on o r b e fo re N o v . 1, a f t e r w h ic h d a te n o f a r t h e r d e  to be u se d in r e t ir i n g 6s d u e in 1905 a n i th e re m a in d e r
p o sits w ill be a o c e p tsd , e x c e p t in th e d is c re tio n o f th e m a n  in b u ild in g th e p ro p o s e d e x te n s io n to Q a e e n s a n d H o llis.
ager* a n d u p o n s u c h te r m s a n d c o n d itio n s a s th e y m a y im  T h e c a p ita l s to c k is $300,000, in $100 sh a re s, m o s tly h e ld b y
th e e s ta te o f J o h n a n d J o h n C L ockw ood. T h e B ro o k ly n
po se.—V . 67, p. 688, 737.
C h a r l o t t e (N . C .) G a s L i g h t ,— U n i t e d (la s I m p r o v e m e n t. T r u s t Co. is m o r tg a g e tr u s te e . T h e n e w b o n d s a re 30-year
g
o ld 5s o f $1,000 e a c h .
—Purcha>el.- T h e U n ite d G a s Im p ro v e m e n t C o., i t is s ta te d ,
L a k e E r ie A W e s t e r n R R .—f 1,0X5,000 Second Mortgage
h a s c o m p le te d n e g o tia tio n s fo r th e p u rc h a s e o f th e C h a rlo tte
(N . C.) G a s C o. a t $150 p e r s h a re fo r th e $50,000 o f c a p ita l Bondi L ilted .—T h e N ew Y o rk S to c k E x c h a n g e h a s lis te d
$1,025,030 a d d itio n a l seco n d m o r tg a g e 5 p a r c e n t g o ld b o n d s,
s to c k .—Y . 66, p. 906.
C h e sa p e a k e B e a c h R y .— New Line and New Bonds.—P r e s i m a k in g t o t a l a m o u n t lis te d to d a te $3,625,000. T h e $1,035,d e n t O tto M e a re , o f 1420 N ew Y o rk A v e n u e , N . W ., W a s h  000 of b o n d s “ w e re d e p o site d in th e tr e a s u r y o f th e c o m p a n y
in g to n , D . C ., w rite s t h a t 12 m ile s o f h is r o a d a re c o m p le te d fro m tim e to tim e a s im p ro v e m e n ts , c o n te m p la te d in th e
fro m D ean w o o d , D . C, (C h e sa p e a k e J u n c tio n ) , w h e re c o n  m o rtg a g e , w sre m a d e fro m th e c o m p a n y ’s s u rp lu s , fo r th e
n e c tio n is m a d e w ith th e B. & O. R R . to U p p e r M a rlb o ro , p u rp o s e o f r e im b u rs in g th e tr e a s u r y fo r s u c h e x p e n d itu re s .”
M d . R e g u la r p a ss e n g e r a n d f r e ig h t s e rv ic e w ill b e in a u g u  — V. 67, p. 736.
L e h ig h A H u d s o n R i v e r R y .—L e h ig h C o a l A N a v ig a ti o n
r a t e d d u r in g th is m o n th . B e tw e e n U p p e r M a rlb o ro a n d
C h e sa p e a k e B a y (18 m iles) th e lin e is u n d e r c o n tr a c t to b e Co.—C e n lr a l RR. of N ew J e rs e y. - Qua ranteed Bonds
c o m p le te d by J a n . 1, 1899, m a k in g in a ll 40 m ile s s ta n d a r d Listed. —T h e N e w Y o rk S to c k E x c h a n g e h a s lis te d $1,063,000
g a u g e tr a c k , la id w ith 70 p o u n d ste e l r a il. T h e c o m p a n y h a s g e n e ra l m o r tg a g e 5 p e r c e n t g o ld b o n d s of tn e L e h ig h &
an a u th o r iz e d c a p ita l s to c k o f $ 1 .'0 0 ,0 0 0 ($660,000 issu ed ), H u d so n R iv e r R y . T h e se b o n d s are d a te d J u l y 1, 181)0, a n d
a n d h a s m a d e a m o rtg a g e to t h e C o n tin e n ta l T r u s t Co. as Rre g u a r a n te e d by e n d o rs e m e n t u p o n e a c h b o n d as fo llo w s :
N arig a
tr u s te e to s e c u re $1,000,000 o f 5 p e r c e n t 25 y e a r b o n d s.
C o lu m b ia R y o f W a s h in g to n , 1). C.— $500,000 New Bondi.
—T h e sto c k h o ld e rs h a v e a u th o r iz e d a n is su e of $500,000 of 5
p e r c e n t seco n d m o r tg a g e g o ld b o n d s, d u e in 1914, to m e e t
th e c o s t o f c h a n g in g th e p r e s e n t 5% m ile s o f c a b le ro a d to
T h e issu e is d e sc rib e d a s fo llo w s :
T o ta l Issue, f3 .0 0 0 .0 0 0 , o f 'M ilch re s e r v e d , to t a k e u p p r io r lie n s ,
th e u n d e rg r o u n d e le o tric s y s te m , of b u ild in g a n e x te n s io n of
$
1
v e d f o r e x te n s io n s o r a c q u is itio n s o f c o n n e c tin g
m ile s , a n d o f a c q u ir in g n e w e q u ip m e n t, e tc ,—V . 62, p. 84. ro a,5d 3s ,6 ,0$ 03 03 ;0 ,0r 0e 0s e: rsold
(in c lu d in g b o n d s n o w lis te d ) $ 1 ,1 2 4 ,0 0 0 ; in th e
Denver A R io G r a n d e Ry.— O plionto Convert 1st Mortgage tr e a s u r y , $ 1 1 ,0 0 0 . T h e m o rtg a g e t r u s t e e is t h e C e n tra l T r u a tO o ., a n d
th
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o
rtg
a
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e
c
o
v
e
rs
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ll
th e p r o p e r ty o f th e r a ilr o a d c o m p a n y , in c lu d in g
7 t .—T h e c o n v e rsio n in to th e 4 % p e r c e n t f ir s t c o n s o lid a te d
a ll t h e s e c u ritie s r e p r e s e n tin g th e c o n tro l o f th e n e c e s s a ry c o n s ti tu e n t
m o rtg a g e g o ld b o n d s, d u e 1936, u n d e rta k e n b y K u h n , L o e b c o m p a n ie s , a n d a ll e q u ip m e n t n o w sulij c t t o ($ 4 0 ,0 0 0 ] s p e c ia l o a r
& Co. a n d S p ey er & C o,, h a s re d u c e d th e a m o n n t o f 7 p e r t r u s t li e n s .- V . 65 , p. 3 2 5 ; V. 67, p. 1 2 5 ,2 2 1 ,

“ForCo.value
received
tliehereby
Lehighjointly
Coal 4 and several
iou IyCo.guarantee
and the Central
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tileand
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and
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O ctober

15 1 8 «8 .j

THE CHRONICLE.

Los Angeles (Cal.) Ry.— Reorganized, and Consolidated.—
The reorganization is reported to have been effected and the
company consolidated with the Main Street & Agricultural
Park Ry. The San Pedro Street RR. also, it is stated, is
owned in the same interes’. The capital stock of the consol
idated company is $5,000,000, and the authorized bonded in
debtedness $5,000,000. The officers are: H E. HuntiDgton,
President; Antoine T-orel, Vice-President; I. W. Heilman,
Treasurer, and J. T. Burke, Secretary.—Y. 67, p. 634.
Manhattan R y —Electrical Equipment.- The company is
reported to have practically completed its plan for the elec
trie equipment of the system, and may perhaps submit it to
the stockholders at the annual meeting on Nov. 9.
Judgments fo r Damages to Abutting Property.—The
“Evening Post” on Thursday said:

789

O u r s u rv e y h a s b e e n c o m p le te d a n d b id s h a v e b e e n a d v e r tis e d fo r, t o
b e in b y Oot. 10. T h e c a p i ta l fo r th e o b s t r u c t i o n h a s b e e n s e c u r e d
a n d c o n tra c ts w ill h e l e t a s s h o r tly a f te r O ot. 1 0 a s p o s sib le . T h e p r o 
te c te d le n g th is a b o n t 12 m ile s. I t w ill b e a n e le c tr io line, w ith a lb
th e la te s t im p ro v e m e n ts , b a lla s te d tr a c k , 7 0 -p o u n d ra ils , etc , T he
li» e w ill s t a r t a t S p a rk ill, N. Y , a n d r u n a lo n g th e r iv e r r o a d to S o u th
N y a c k , N y a o k a n d U p p e r N y a c k , w ith a n e x te n s io n fr o m th e f e r r y a t
N y a c k to W e st S h o re R a ilro a d s ta tio n , a n d fr o m U p p e r N y a c k to R o c k 
la n d L a k e . O u r A rm w ill c o n s tr u c t th e ro a d .

Oregon Railroad & Navigation.—$281,000 Bonds Listed.—
The New York Stock Exchange has listed $281,0(0 addi
tional consolidated mortgage 4 per cent gold bonds, mak
ing total amount listed to date $19,014,000. The additional
bonds have been issued for the retirement of the first mort
gage 6 par cent bonds of the Oregon Railway & Navigation
Co., the amount of which outstanding has been further re
duced from $1,425,000 to 81,202,000.—V. 67, p. 685, 690, 692.
Oregon Short Line RR.—Directors.—On Wednesday the
following were elected directors:

T h is w e e k i n s ix p ro p e rty - o w n e r s ’ d a m a g e ac tio n s ju d g m e n ts to r
le e a n d r e n t a l d a m a g e s a g g r e g a tin g $ 3 0 ,0 0 0 . w e re r e n d e r e d a g a in s t
th e c o m p a n y . L a s t w e e k ju d g m e n ts o f th e s a m e s o r t a g g r e g a te d $65,O liv e r A m es, F r a n c is S. B a n g s , H o ra c e G, B a r t, S a m u e l O a rr, T.
OCO in a d o z e n s im ila r c a s e s; A b o u t e le v e n h u n d re d c a s e s o f th e k in d
a re a w a itin g a tr i a l, w h ic h ,'a n b e h a d o n ly in t h e p a r t o f th e S p e c ia l J e ffe rs o n C ooltdge, j r . ; W . D. C o rn ish , G e o rg e J G o u ld , K. H . H a r r im
a n , T h o m as R. J o n e s , O tto H. K a h n , G a r d in e r M. L a n e . J a m e s L o e b ,
T e rm a s s ig n e d to th is v a r ie ty o f litig a tio n . A s a g e n e r a l ru le , e .ch
c a ‘ e o c c u p es a c o u r t a d a y i n th e p r e s e n ta tio n o f th e te s tim o n y , so O liv e r W . M in k ,W in s lo w S. P ie rc e a n d W. E . G ly n . - V. 67, p. 733.
t h a t le e s th a n tw o h u n d re d c a s e s o a n b e d is p o se d o f in a y e a r , a n d a c 
Pacific Coast Co.—Directors.—At the election on Wednes
tio n s r e c e n tly b e g u n m a y n o t co m e to t r i a l f o r f o u r o r fiv e y e a r s .
day the following board of directors was elected:

Last May President Gould said the payments for damages
T o se rv e o n e y e a r —H a m ilto n H . D u r a n d , H e r b e r t A . T u c k e r a n d
of this nature had cost his company to date $13,233,715. or J o h n K e a n . To s e r v e tw o y e a r s —E . H . H a r r im a n , D a n i e l s . L a m o n t
a
n
d H e n ry W C a n n o n . T o s e r v e t h r e e y e a r s —G r a n t B. S c h le y , T.
equal to 8’79 per cent of the gross passenger earnings during
j r , a n d J . E H e lm e rd in g e r.
the past nineteen years tsee V. 66. p. 954). The amount paid J eTffeh ersaonnnCu oolidge,
a l r e p o r t c o v e r in g th e o p e r a tio n s o f th e s e v e n m o n th s e n d 
on this account for the year 1897 -93 is stated as $864,450, in g J u n e 3 0 , 1 S >8, w a s is s u e d th is w eek, g iv in g th e in c o m e a c o o u n t,.
contrasting with $800,281 in 1-96-97, $952,296 in 1895 and as p u b lis h e d in th e C u k o n ic l e o f S e p t. 24, p a g e 635. A fte r d e d u c tin g
e c o s t of im p r o v e m e n ts , e tc ., a g g r e g a t in g $ 3 8 ,0 8 7 , a n d th e d iv i
high as $1,058,642 in 1890-91. These items are included in th
d e n d s d e o la re d sin o e th e e n d o f th e y e a r (a s w a s d o n e in o u r e a r lie r
the company’s construction account. V. 67, p. 368,371.
s ta te m e n t) , th e b a la n o e re m a in in g fr o m th e y e a r ’s e a r n in g s is $ 1 3 7 ,Metropolitan West Side Elevated RR. of Chicago.— 638.—V. 67, p . 690.
Pennsylvania RR.—New Equipment Trusts.—Kuhn, Loeb
Plan Modified.—Common Stock to be in Voting Tru-t.—
The Olcott Committee has amended the plan cited in C h r o n  & Co. have purchased a new series of $3,000,010 3}£ per cent
equipment trusts, redeemable in ten yearly instalments of
i c l e of July 16, 1898, page 126, b y striking out the clauses
providing that the preferred stock shall have exclusive voting $300,000 each.—Y. 67, p. 180.
power for five years, and has substituted the following :
Philadelphia Reading & New England RR.—Assessments
“ T he title to th e common stock shall be vested In Frederic P. Olcott. Wal Levied.—The Reorganization Committee, Geo. A. Fletcher,
te r G. Oak man and Samuel T hom e, as voting tru stees, such stock 10 be de
posited with th e C entral T ru st Co. of New York, and voting tru s t certificates Chairman, makes the following announcement:
to be issued agains* It. The tru stees shall v o te th e same for such directors as
shall a t any election receive th e vote of a m ajority of th e preferred stock. The
voting tru s t shall continue for five years from th e d ate o f th e incorporation of
the new <ompany, su b ject to be term inated, however, when in any one year
during th a t period dividends am ounting to 5 per c en t shall have been paid on
th e preferred stock. All dividends declared on th e common stock shall be pavable to th e registered holders o f th e stock tru s t certificates pro rata. Upon
th e term ination of th e tru s t th e common Btoek shall be d istrib u ted among the
holders of voting tru s t certificates representing th e same. The voting tru s t
ees shall have no power to v ote for th e creation o f any lien o r charge upon the
property o f th e company, o r fo r any lease o r sale thereof, except with the as
se n t o r by th e d irection o f a m ajo rity in am ount o f th e voting tru s t certifi
cates.’ - V . 07, p. 120.

T h e c o m m itte e h a s p u rc h a s e d ttie r a ilr o a d p r o p e r ty a t th e f o re c lo s u re
s a le h e ld b y th e re fe re e o n O ct. 6, 18 9 8 , a n d in a d d itio n to th e b o n d s
d e p o s ite d n e e d s fo r th e p u rp o s e of c o m p le tin g th e p a y m e n t u n d e r th e
te rm s o f s a le $ 5 1 5 ,0 0 0 . C o n s e q u e n tly u n d e r ’ th e p o w e r c o n fe rre d by
th e a g re e m e n t of re o r g a n iz a tio n th e c o m m itte e r e q u ir e s t h a t th e d e 
p o s ito rs of fir s t in o rty a g e b o n d s s h a ll m a k e p a y m e n ts a s follow .-:
$ 8 4 00 o n e a c h lo u r p e r c e n t bond,
$ 8 5 5 0 o n e a c h f o u r liv e p e r c e n t b o n d ,
$ 8 6 50 o n e a c h tiv e p e r c e n t b o n d ,
to th e T r e a s u r e r o f th e c o m m itte e , H . H . P ig o tt, a t th e F id e lity I n 
s u ra n c e , T r u s t & 8 a fe D e p o sit C o m p a n y , 3 2 9 C h e s tn u t S tr e e t, P h il a 
d e lp h ia , on o r b e fo re O c t. 25, 1898. U p o n c o m p le tio n o f th e r e o r g a n 
iz a tio n s u c h b o n d h o ld e rs w ill r e c e iv e th e a d d itio n a l s e c u r itie s r e p r e 
s e n te d b y th e a m o u n t so p a id .—V. 67 , p . 737.

Narragansett Electric Lighting of Providence, R. I .—New
Securities.—The stockholders on Oct. 8 voted to accept the
provisions of the charter amendment passed last May by the
People’s Ry. of St. Louis.—Fourth Street & Arsenal
State Legislature whereby the authorized capital stock was
increased from $2,000,010 to $4,000,000. They also voted to St. Ry.—Central Traction,—Safe.—The property of the
Rv. has been ordered to be sold under foreclosure of
increase the capital stock issue from $1,200,000, the amount People’s
now outstanding, to $2,000,000. In lieu, however, of the consolidated mortgage for $800,600, do interest on which
selling the new stock itself at present, it was agreed to has been paid since 1896. The bondholders’ committee con
allow the stockholders until Oct. 20 to subscribe to $600,000 sists of L. M. Rumsey, Charles Parsons and August Gehner.
debenture certificates, which will not bear interest, but at The Central Traction Co., it 19 said, will be a bidder for the
the end of four years can be exchanged for capital stock. property, John H. Overall, its attorney, having recently
in the Fourth Street & Arsenal at foreclosure.—V,
The directors have the power to redeem the debenture certif bought
icates with capital stock, in whole or in part, at any time. 65, p. 69; V. 67, p. 634, 293.
People's Telephone Corporation of New York,—New E n 
Meanwhile, the company will get, without the payment of
interest, requisite cash for improvements. The shares are terprise.—This company was incorporated at Albany ou
$50 each. It was further voted to authorize the directors Wednesday as a competitor of the Bell Telephone Co., par
from time to time to purchase rights and properties, and to ticularly at this centre. The authorized capital stock is
make payments for the same by the issue of the capital stock $5,0(0,000, of which $2,000,000 is to be preferred. The plan
of the corporation within the authorized amount of capital. of the company is to begin operations by furnishing tele
Newark Gas Co.—New Bonds.—The Fidelity Trust Co. of phone service at moderate rates in New York City, but the
Newark, it is stated, has bought $3,500,0 n> 6 per cent 50- articles of incorporation permit it also to operate a telephone
year consolidated mortgage bonds about to be issued by the system in other cities, towns and villages in New York and
Newark Gas Co. Payment of the $3,500,000 required will other States, and in the Dominion of Canada. Directors are:
s B D u to h e r, J . E . N ic h o ls, E . S. A. Do L im a . F r a n c is O. T r a v e r s
be made on or before Nov. 15 next, senator James Smith F rSaila
n k B ra tn a rd , J . F r e d A c k e rm a n a n d D a rw in R . J a m e s .
recently contracted to purchase 14,589 of the company’s
20,000 shares of $50 each for $155 a share, and to assume the The preferred stock will be 8 per cent, cumulative, and
first mortgage for $4,000,000. The money obtained by the subject to redemption five years from the date of issuance
proposed new loan will be used, it is said, to pay for the stock thereof at $110 a share.
Pittsburg & Western Ry.—Second Mortgage Committee
of the old Newark Gas Co., the Orange Gaslight Co. and the
Harrison Gaslight Co. Upon the retirement of the entire Sell Out.—The second mortgage committee, holding $2,000,capital stock of these constituent companies, it is thought the 000 of the bonds, have effected a sale of all the bonds they
capital stock of the consolidated company will be increased represent at a price which will net the certificate holders 72^.
We are credibly informed that the purchasers are Messrs.
to$3.6C0,000.-V. 67, p . 275, 320.
New England Loan & Trust Co.—Reorganization Commit Simon Barg & Co. The report that Lake Erie & Western in
tee.—A commiteee consisting of Edwin S. Marston, Wm. F. terests will acquire the road cannot be verified.—V. 67, p. 127.
Pullman’s Palace Car.—Annual Meeting.—New Stock
North and Gordon MacDonald has issued a circular letter to
holders of the company’s debentures. Default, they say, Authorized for 5 0 Per Cent Dividend.—At the annual meet
ing
on Tuursday the stockholders duly authorized the pro
occurred Oct. 1, and if continued for sixty day’s the deben
ture trustees have authority to sell for cash the securities posed issue of $18,000,000 new capital stock, to represent
pledged, The committee will represent the debenture existing surplus assets, the same to be distributed to stock
holders in agreements with the trustees, providing for the holders of record Nov. 1 as a 50 per cent dividend. The
general liquidation of the assets and the distribution of the usual quarterly dividend of $3 per share from net earnings
proceeds in instalments of not less than 5 per cent of the was declared, payable Nov. 15. After the stock is increased
principal of the debentures. A plan insuring, it is thought, the dividend rate is to be reduced from 8 per cent to 6 per
the largest possible return to the holders of the debentures cent yearly. The arrangement for the management of the
company, with Robert T. Lincoln as Chairman and acting
will be issued in a few days.—V. 67, p. 736.
Nyack Traction Co., Nyack, N. Y,—Reorganized.—Isat* President, is to be continued.—V. 67, p. 75.
Southern Electric Light & Power Co. of Philadelphia.
A. Walker & San, of Philadelphia, have purchased the fran
chise, rights of way, etc., of the Nyack Traction Co , and —New Stock.—This Philadelphia company, one of only two
have reorganized the company with the following officers : of the kind not controlled by the Pennsylvania Manufactur
Henry C. Howard, President, Chester, Pa.; E F Walker, ing, Light & Power Co., will vote Nov. 23 on the question of
Treasurer, and Geo. D. Howell, Secretary, Philadelphia, Pa. increasing its capital stock front $400,000 to $2,000,000,______
The firm above-mentioned furnishes the following ;
F o r O t h e r I n v o a tm e n t N o w s <•© p a v e 8 0 1 .

\ ol. L x \n .

THE CHRONICLE

790

N EW E Q U IP M E N T .

Reports and JJocumcuts.
U N I O N P A 2IFIO R A I L R O A D C O M P A N Y .
REPORT FOR SIX MONTHS ENDING JUNE 30. 1898.
S eptem ber 22, 1898.

1 o the Stockholders o f Union Pacific Railroad Company:
This Company was organized on July 1, 1897, under an
Act of the Legislature of the State of Utah approved Jan
uary 22, 1897. The Company was formed for the purpose of
acquiring, constructing and owning railroads in the State
of Utah and other States, with specific authority to
acquire the railroads, properties, franchises and land
grants formerly belonging to The Union Pacific Railway
Company.
Under the powers conferred upon the Company by
its charter, it has purchased and now owns 1,854-29
miles of road. Of this mileage five miles from Ogden
west are operated by the Southern Pacific Company
under lease, and this Company operates 1,848*29 miles, as
follows :
M iles,
C o u n c il B lu ffs, l a ., to O g d e n , U ta h ( a c q u ire d Pel). 1, 1 898) ..1 ,0 1 3 -0 1
K a n s a s C ity , M o , to D e n v e r, C ol. (a c q u ire d A p ril l, 1.998)
643-55
D e n v e r, C o l., to C h e y e n n e , W y o (a c q u ire d A p ril 1, 1 8 9 8 )........ 1 0 1 -1 0
L e a v e n w o rth , K a u ., to L a w re n c e , K a n .(a e (u ir e d A p ril 1 ,1 8 9 8 ).
31-63
27 00
B rig h to n , C ol., to B o u ld e r, Col. (a c q u ire d A p r il 1 ,1 8 9 8 ) ...........
T o t a l............................................................................................................... J ,8-49-29

There are upon these lines second track and side-tracks as

follows:

Miles.

Your Directors early decided that it was of the first im
portance to supply sufficient fr ight cars of modern build and
capacity to provide for the increasing traffic upon the lines
of the Company and upon those in which it has a proprie
tary interest, and to replace old equipment as it becomes
worn out and is destroyed. To that end there has been ap
propriated from available cash resources, other than earn
ings from operations, and already in greater part expended,
the sum of $2,465,024 34 for the purchase of equipment addi
tional to that purchased with proceeds of Pullman equip
ment disposed of as stated below.
Contracts have been placed for the equipment so author
ized, all deliverable during the present year. Through
these several purchases the Company will acquire o,60l new
freight cars, increasing the tonnage capacity of its freight
equipment 169.525 tons.
Agreeably with the terms of the mortgage the sum of
$600,000 (being the proceeds of the sale of this Company’s
three-quarter interest in the Pullman equipment purchased
with the railroad property) was set aside with the Mercan
tile Trust Company, Trustee, as an Improvement and Equip
ment Fund. New equipment costing $417,451 50 has already
been purchased out of this fund and subjected to the mort
gage.
BETTERM ENTS.

Expenditures amounting to $1,623,739 75 have been au
thorized and partly made for the purchase of rails, ties and
betterments, as follows:
S te e l R a lls ( a p p ro x im a te ly 4 3 ,0 0 0 to n s , of w h ic h 2 5 ,0 0 0
a r e fo r d e liv e ry In 1 8 9 9 )............................... .............................
T ies (8 5 1 ,1 5 5 )......................................................................................
B a lla s tin g .N e b r a s k a D iv is io n , 7 8 m ile s .................................
Side T ra c k s , a il D iv is io n s ................................................................
B rid g e s a n d C u lv e rts a ll D i v i s i o n s . . . . . . ...............................
AVidening E m b a n k m e n ts , a ll D iv is io n s ............................... .
E n la r g in g T u n n e ls i n W e b e r C a n o n ..........................................

The period covered by this report is hut a fraction of a year
during which the property held by the Company on June 30,
1898, was taken over in parcels and at different times. The
acquisition of the branch lines and auxiliary properties had
not been accomplished until after that date. The report of
the operations of the Company now made is, therefore,
necessarily restricted.
The following table contains a summary of the Company’s
business for the period ending June 30, 1898. including the
receipts from operations during the receivership from Janu
ary 1, 1898 (see Abstract B):
G ro s s R e c e ip ts fro m O p e ra tio n s (1,8 4 9 -2 9 m ile s m a in
lin e ......................................................................................................... $ 7 ,6 7 0 ,5 7 9 30
O p e r a tin g E x p e n s e s a n d T a x e s .................................................. 4 ,5 i4,41H 16
N e t R e c e ip ts fro m O p e r a tio n s ......................................................$ 3 ,1 3 6 ,1 6 1 1 4
I n t e r e s t , D iv id e n d s a n d M isc e lla n e o u s In c o m e (in p a r t
a c c r u e d p r io r to J a n u a r y 1, 1 8 9 8 )........................................
6 0 6 ,4 4 2 60
T o ta l In c o m e A v a ila b le f o r F ix e d C h a r g e s a n d D iv i
d e n d ! .................................................................................................... $ 3 ,7 4 2 ,6 0 3 7 4
A g a in s t w h ie h h a v e b e e n c h a r g e d :
I n t e r e s t o n f u n d e d D e b t .................................$ 1 ,8 0 0 ,0 0 0 0 0
A d ju s im e i t o f T a x e s P a id (N o te o, A b 
s t r a c t B ) ...............................................................
1 4 5 ,9 1 8 2 4
T e ta l.............................................................................. ...................

1 ,9 4 5 ,9 1 8 24

B a la n c e , S u r p lu s (e x c lu s iv e o f in c o m e fro m b r a n c h
lin e s ) .................................................................................. .
$ 1 ,7 9 6 ,6 8 5 50
E A R N IN G S

ON B R A N C H L IN K S IN W H IC H T H E
H O L D S P R O P R IE T A R Y IN T E R E S T S .

C O M PA N Y

The auxiliary and branch lines hereinafter mentioned
under the head of “ Interests in Branch Lines,” and which
are to be included in the system, were severally operated
from January 1 to June 30, 1898, by Receivers or under their
own charters, and the earnings therefrom are not included
in the above summary. The net result from the operation
of those lines for the period named shows approximately
$446,659-16. That amount, if added to the net results of
operation of the Company’s property as above stated would
make an aggregate of $4,189,262 90 of net income on the
basis of the 3,008-50 miles which it is intended to embrace
in the system of the Company.
C A P IT A L 8TO C K .

The capital stock of the Company, authorized and out
standing, amounts to $136,(00,000, of which $61,000,000 is
Common and $'5,000,000 Preferred.
F IR S T M O RTG A G E BONDS.

An issue of First Mortgage Railroad and Land Grant Four
per cent Gold Bonds, amounting to $100,000,000, has been
authorized,-secured by mortgage upon the railroad prop
erty, land-grant lands and franchises of the Company.
Bonds to the amount of $95,000,000 have been issued, of
which $90,000,000 are outstanding and $5,000,000 are held in
the Company's treasury. The remaining $5,0-)0,000 may be
used pursuant to the mortgage in the construction or acqui
sition oi betterments, improvements, equipment or exten
sions, to be suh ject to the mortgage lien, at a rate not ex
ceeding $1,500,000 per annum.

00
10
00
14
51
00
00

T o ta l ............................................................................. ..................$ 1 ,6 2 2 ,7 3 9 75

S e c o n d T r a c k ................................................ ................................................. .
19-19
S id e - t r a c k s ........................................................................................................... 641-04
T o ta l S e o o n d a n d S id e -T ra c k s ............................................................... 6 6 0 23

$ 7 7 1 ,7 5 0
3 4 9 ,4 4 5
1 7 7 ,0 0 0
4 4 .3 9 5
1 5 2 ,2 9 3
1 2 5 ,0 0 0
2 856

LA N D G R A N T LA N D S.

This Company has acquired by direct conveyance under
foreclosure sale the lands and rights which belonge ! to the
Union Pacific Railway Company, acquired through the
land grant to the Denver Pacific Railway & Telegraph
Company.
The lands and rights derived from the land grant to the
Kansas Pacific Railway Company were conveyed under
foreclosure sale to The Union Pacific Land Company, a new
corporation organized under the laws of Utah.
The capital stock of the Land Company is $100,000, all of
which is owned by this Company. The Land Company has
issued its bonds in the amount of $10,000.00'), secured by
mortgage upon all of its property, to The Mercantile Trust
Company of New York as Trustee. The stock and bonds of
the Land Company have been pledged with The Mercantile
Trust Company as Trustee under the First Mortgage of this
Company.
This Company also holds substantially all of the bonds
secured by the Sinking Fund Mortgage of the old Union
Pacific Railroad Company upon the land and rights derived
from the land grant to that Company. That mortgage is
now in process of foreclosure, and this Company expects to
acquire the property subject thereto at the foreclosure sale
through the application of the bonds which it holds as
abo\Te stated.
The following is a statement made up as of December 31,
1897, showing the Land Grant Lands, with estimated values,
and the land contracts now absolutely owned by this Com
pany, or indirectly owned by it through its ownership of
the securities of The Union Pacific Land Company, and
through its ownership of the bonds secured by the Sinking
Fund Mortgage of the Union Pacific Railroad Company.
L ands.
DKSCflUPTION.
1. Lands and Land Con
tracts of trtjieh this
Company Is th e abso
lu te ow ner......
2. Lands and Land Con
tract* th e title to
which is held by The
Union Fnc Land Go.,
all of th e securities of
winch are owned by
this Company.
3. Land* ami Land Con
tracts covered by
m ortgages in process
or fore* losuro secur
ing bonds substan
tU lly all o f which are
held by this Company.

Location.

Acres.

Colorado

342,000

Land
E stim a t Contracts.
ed Value.
$
792,000

%

Total
Estim ated
Value.
*

453,985 82 1,245,985 82

Kansas
and
Colorado 2,772.000 5,985,000 ?,130,032 05 8,815,082 05

N 'b rask a,
Wyoming.
U tah and
Colorado 3,463,000 2.220,500 2,000,475 44 4,820,975 44
. . . . (0,577,00'i ',997,5**0 5.8'4.4 93 t J 1L8'1,«03 91
T otal .......................
IN T E R E S T S IN B R A N C H L IN E S .

The Company has acquired and owns all or a large ma
jority of the securities and stock of the following branch
lines which are now being operated under their several
charters pending the adjustment of their final relations
with this Company:
C Lrbon C ut-O ff R a ilw a y .....................................................................
E cho & P a rk C ity R a ilw a y ................................................................
K alina A S o u th w B s to rn R a ilw a y ....................... .........................
Solom on R a i lr o a d ..................................................................................

1 9 0 6 m ile s
30 19 “
35-46 “
56-83 “

T o ta l b r a n c h e s o p e ra to r! u n d e r th e ir c h a r te r s ................. I 4 l - 5 t m ile s
S ide t r a c k s o n a b o v e b ra n c h e s ......................................................... 21 7 9 “

October 18, 186&J

791

THE CHRONICLE.

The Company has also 'acquired and owns all or a large
majority of the securities and stock of the following branch
lines which are now being operated by Receivers under fore
closure proceedings:
J u n o tio n C ity & F o r t K e a r n e y R i i l w a y .................................... 88 01 m iles
K e a r n e y & B la ck m u'* E .i l w a y ...................................................... 6 5 -7 1
“
O m a h a & R e p u b lic a n V a lle y R a ilw a y ........................................ 4 8 2 0 1
“
U n io n P a c ific L in c o ln & C o lo ra d o R a ilw a y ..............................225*35
“
T o ta l b ra n c h e s o p e r a te d b y R e c e iv e r s ................................ 8 6 1 -1 4 m ile s
S id e tr a c k s on a b o v e b r a n c h e s .....................................................- 8 4-75
“
A r r a n g e m e n ts h a v e p r a c tic a lly b e e n c o m p le te d to*- th e
e a rly a c q u i s i t i o n o f The lin e o f r a ilr o a d fr o m L a S a lle to
J u le 's b u rg , C lai-ado, k n o w n a s t h e “ J u le s b u r g B ia n e h ,”
w h ic h w ill r e s u lt in tn e a d d itio n o f............................................1 51-53 m ile s
O T H E R P R O P E R T IE S .

A b st r a c t A —U N IO N P A C IF I C R A IL R O A D C O M PA N Y .
C u r r e n t A s s e t s a n d L i a b i l i t i e s J u n e 30, 1 8 9 8 .
ASSETS.
F a s h , N ew Y o rk a n d O m a h a .............................$ ’ ,8 8 9 ,2 9 1 09
M e r c a n tile T r u s t C o m p a n y , T r u s te e , t o be
e x p e n d e d a s p r o v id e d e d tn m o r tg a g e ---1 8 2 ,5 4 8 5 0
S ta tio n A se u ts a n d C o n d u c to rs , O m a h a ..2 0 0 ,1 29 2 4
A ccounts C o lle ctib le, O m a h a ....................... .
1 ,1 8 0 ,7 0 3 01
4 4 ,8 7 2 93
A c c o u n ts C o lle c tib le , N e w Y o rk .....................
T o ta l A s s e ts ........................................................................................... $ 7 ,5 9 8 ,0 4 4 77
L IA B IL IT IE S .
A c c o u n ts P a y a b le , O m a h a .................................$ 1 ,1 4 9 ,7 9 8
A o c o u n ts P a y a b le , N ew Y o r k ...........................
4 3 5 ,5 6 7
E q u ip m e n t T r u s t C o u p o n s (U. P . R y . C o.).
2 75
o u p u n s a n d R -g . In t. d u e J u l y 1. 1898 .. 1 ,8 0 0 ,0 0
S e t A sid e fo r Im p r o v e m e n ts a n d E q u ip m ’t. 1 ,0 8 2 , "7 4

82
94
00
00
33

The legal proceedings which control the disposition of the
T o ta l L i a b ilitie s ................................................................................... 4 ,4 6 8 ,4 1 6 0 9
property of the Union Pacific Railway Company have not
been concluded, and the final accounts of the Receivers of
N e t C ash A s s e ts ................................................................................... $ 3 ,1 2 9 ,6 2 8 68
its property have not been passed. It is therefore impos
A b s t r a c t B .—U N IO N P A C IF IC R A IL R O A D C O M PA N Y .
sible at this time to state exactly and in detail the benefits
I n c o m e a c c o u n t f o r t h e P e r io d E n d in g J u n e 30 , 1898.
which this Company will derive through the purchases
IN O O U E .
which it has made of miscellaneous assets of the old Com
G ro ss E a rn in g s fro m O p e ra tio n s (6 m o n th s ) ................................ $ 7 ,6 7 0 ,5 7 9 3 0
pany.
O
p
e
ra
tin
g
E
x
p
e
n
s
e
s
a
n
d
T
a
x
e
a (6
“
) , .......................... 4 ,5 3 4 ,4 1 8 16
It is, however, proper to report that, in addition to inter
ests in branch lines above referred to, this Company has
N e t E a rn in g s fro m O p e ra tio n s (a )..............................................$ 3 ,1 3 6 ,1 6 1 14
acquired and owns interests in certain companies and prop In c o m e fro m I n v e s tm e n ts —
D iv id e n d s R ec e iv e d o n S to c k s O w n e d ............$ 7 9 ,6 8 5 5 0
erties as follows:
5 0 6 ,9 3 9 7 7
1. All of the stock and securities of the Leavenworth Kan I n t e i e s t C o lle cte d o n B o n d s O w n e d ................ -------------------$ 5 8 6 ,6 2 5 2 7
sas & Western Railway Company. The property of the M isc e lla n e o u s In c o m e .............................................................................
1 7 ,8 3 5 53
1,981 80
I
n
t
e
r
e
s
t
R
e
o
tiv
e
d
o
n
F
u
n
d
s
o
n
D
e
p
o
s
it.........................................
company is a railroad extending from Leavenworth to Miltonvale, Kansas.
T o ta l In c o m e A v a ila b le f o r F ix e d C h a rg e s & D iv i’d s .$ 3 ,7 4 2 ,6 0 3 7 4
2. All of the stock and bonds of the Green River WaterC H ARG ES.
Works Company. The property of the company consists of I n t e r e s t o n B o n d s lb ).............................................$
00 00
water-works which supply water for the use of the railroad A d ju s tm e n t o f T a x e s P a id (c)........................... 1 ,810405,0
,9 1 8 2 4
and coal properties and to the towns of Green River and
--------------------- 1 ,9 4 5 ,9 1 8 24Rock Springs, Wyoming.
B a la n c e . S u r p lu s ................................................................................. $ 1 ,7 9 6 ,6 8 5 « )
3. A majority of the stock and bonds of the Rattlesnake
Creek Water Company. The property of the company con
(a) A s th e C o m p a n y a s s u m e d th e p a y m e n t of th e f u ll s ix m o n th s ’
sists of water-works which supply water for the use of the in te r e s t w hich fe ll d u e o u its b o n d s J u l y 1, 1898, a lth o u g h i t d id n o t
railroad and coal properties and to the towns of Carbon and b e g in to op. r a te Its ro a d s u n til F e b ru a ry 1, 189- (M am L n e ), a n d
A p ril 1, 1898 (K a u sa s & D e n v e r P a e ifle lin e s ), th e r e h a s b e e n i n 
Hanna, Wyoming.
c lu d e d in th is a m o u n t th e n e t r e c e ip ts fro m th e o p e r a tio n of th o s e
4. All of the stock and bonds of the Union Pacific Coal lin
s d u r in g th e p o rtio n o f tim e w hioh th e y w e re n e t o p e r a te d by th e
Company. The property of the company consists of exten C o m p a n y , th e a m o u n t r e p r e s e n ti n g s u c h n e t r e c e ip ts h a v in g b e e n r e 
sive coal mines and coal properties in Colorado. Wyoming c eiv ed b y tiie C o m p a n y fio m th e R e c e iv e rs .
lb ) N o in te r e s t la c h a r g e d o n th e $ 5 ,0 0 0 ,0 0 0 in F i r s t M o rtg a g e
and Utah, and its business is very profitable.
B o n d s o w n -d by th e C o m p a n y , a s th e y w e re re o e iv e d J u n e 30 , 18 9 8 ,
o. A majority of the stock of the Bozeman Coal Company. th e c o u p o n d u . J u ly 1, 1898, h a v in g b e en c a n c e le d .
The property of the company consists of coal mines in Galla fr j T h is arao u i t r e p r e s e n ts ta x e s p a id by th e R e c e iv e rs d u r in g
J a n u a r y , F e b ru a ry a n d M a rc h , o n th e lin e s m e n tio n e d in n o te (a )
tin County, Montana, which are under lease.
in e x c e s s of th e a m o u u t o f ta x e s a p p o r tio n e d to tn o a e m o n th s a n d in 
0. Two fifths of the stock of the Pacific Express Company. c lu d e d in o p e ra tin g e x p e n s e s a n d t a x e s a s s h o w n a b o v e.
The company operates an express business upon the lines of
this company find of other extensive railway systems in the
West, and its business is prosperous.
?. One-half of the stock of the Occidental & Oriental M I N N E A P O L I S & S t . L O U IS R A I L R O A D
COMPANY.
Steamship Company, the other half being held in the inter
est of the Southern Paci c Company.
The steamship company operates a line of (dlArtered steam
REPORT FOR THE YEAR ENDING JUNE 30, 1898.
ships from San Francisco to the Pacific Islands and the Ori
ent. It produces a considerable direct revenue and its con
N e w Y o r k , September 30th, l s98.
tributed business is a great benefit to the railway lines of
The President and Board of Directors submit herewith
this company.
The extension of American sovereignty and interests their annual report for the year ending June 30th, 1898.
M IL E A G E .
in the Pacific and the growth of our trade with
M iles.
Japan and China promise additional profits from this con M Oinwn ned—
e
a
p
o
lis,
M
inn.,
to
A
n
g
u
s,
I o w a ...................................................... 259*90
nection.
“
“
“ H o p k in s , .e c o n d t r a c k ..............9 5 7 m ile s
8. In addition to its own terminals this company has ac H o p k in s , M in n ., tn M ortOD, M in n ............................................................. 9 2 8 9
quired interests in Union Depot companies at Ogden, Den M a u ito u J u n c tio n , M in n ., to T o n k a B ay , M in n ................................. 1*45
ver and Kansas City, through which it is entitled to the use, K a lo J u n c tio n , Io w a , to K a lo , I o w a ........................................................ 1-4 6
for its purposes, of the terminal facilities afforded by such
365-70O perated U n d e r T ra c ka g e R ig h ts —
companies.
Cijsss;
M
in
n
e
a
p
o
lis
,
M
in
n
.,
to
S
t.
P
a
u
l,
M
inm
....................................
.............
10-11
Your attention is directed to the Balance Sheet and other
“
“
“
“ s e c o n d tr a c k . .10-11 m ile s
detailed statements which accompany this report showing
the financial condition of the company.
T o ta l s in g le t r a c k ...................................................................................... 365-81
-Seoond t r a c k ............................................................... ............................... j 9-68
By order of the Board of Directors.
ALEXANDER MILLAR,
T o ta l s in g le t r a c k o p e r a te d ..................... ......... ........................ .......... 385-49______ ___
Secretary.
S id in g s ........................................... ........................................................ 83-98
T o ta l m iles of s in g le tr a o k a n d s id in g s .......................................... 4 6 9 4 7
U N IO N P A C IF IC R A IL R O A D C O M PA N Y .

GENERAL BALANCE SHEET JU N E 3 0 , 1 8 9 8 .

ASSETS.
R o a d a n d E q u ip m e n t.................................................................. 8 2 2 1 ,2 6 4 , 2 0 9
S e c u ritie s H e ld in T r u s t b y M e rc a n tile T r u s t C o.,
T r u s te e ..........................................................................
io n 400
S e c u ritie s :
.
B o n d s , S to c k s a n d M is c e lla n e o u s ..........$ 2 ,2 5 2 ,9 6 1 84
U n io n P acific R R . Co. F o u r p e r c e n t
B o n d s ............................................................... 5 ,0 0 0 ,0 0 0 0 0
_______________
7 2 5 29 6 1
N e t C ash A s s e ts ( A b s tra c t A ) ..............................................
3?
,628
M a te ria l a n d S u p p lie s ................................................. ’9 ^ 11
,485

78
00

84
68
SO

T o t a l..............................................................................................$ 2 3 2 ,8 0 7 , 685 5 0
L IA B IL IT IE S .
C a p ita l S to c k :
C o m m o n .......................................................... $ 6 1 ,0 0 0 ,0 0 0 0 0
P r e f e r r e d ........................................................ 7 5 ,0 0 0 ,0 0 0 0 0
v,
v.4t:.
$ 1 3 6 ,0 0 0 , ,000 00
F u n d^e d^ D eb
F ir s t M o rtg a g e F o u r p e r c e n t C o u p o n
B o n d "................. - .................................... $ 9 3 ,9 8 2 ,5 0 0 0 0
F i r s t M o rtg a g e F o u r p e r c e n t R e g is 
te r e d B o n d s ...............................................
1 ,0 1 7 ,5 0 0 00
0 0 0 00
U n . P a c . R y . Co. E q u ip m e n t T r u s t B o n d s, S e rie s B ___
O j,0 0 0 ,0 0 0 00
In c o m e A c c o u n t ( A b s tra c t B )..» ............................................
1,7 9 6 , 6 e 5 50
T o t a l.............................................

$23 2 ,8 0 7 , 685 50

With the exception of 26’82 miles iron rails in sidings,- the
entire road is laid with steel rails.
The above mileage does not include 13-09 miles from East
Minneapolis to White Bear Lake, Minn., owned by the oompany but leased to the St. Paul & Duluth Railroad Company,
and 13 miles between Albert Lea and Iowa State line leased
to the Burlington Cedar Rapids & Northern Railway Co.
The company continues to operate, for account of the
owners, the Wisconsin Minnesota & Pacific Railroad (2'6-60
miles);
but separate accounts are kept of its earnings and
j 29
expenses, and they are not included in any statements of
this company.
IN C O M E F O R T H E Y E A R .

The transportation earnings aud expenses for the year
have been as follows:
E a r n in g #—
PfifiseuKer.............................
M a il.....................................
E x p r e s s .......................
F r e ig h t.........................................
8 u n d r y ...................................

In c re a se D u r in g
the Year.
$ 4 5 ,3 9 4 3
53 76
7 ,0 8 6 00
4 0 .2 3 6 00
181,-4 ;8 36
.. 1 .6 5 0 ,5 0 8 35
6 ,1 0 1 7 0
4 5 ,059 59
T h is Y ear.

T o t a l.......................
O p e ra tin g e x p e n » e s ................... . . 1,29 5,622 48
E a rn in g s o v e r o p e r. e x p .....

$ 9 5 0 ,9 p8 1 4

P er
C ent.
11-01
•10
21*38
12-35
15 67

$ 2 4 0 ,0 7 5 55
1 6 3 ,9 0 6 01

11*98
14-48

$ 6 ,L G 9 o 4

8-7

792

[V ol. LXVII.

THE CHRONICLE.

E a r n i n g s o v e r o p o r. (v sp en ses, o s a b o v e . ..$ 9 5 0 ,9 5 8 14
I n t e r e s t fro n t I n v e s tm e n ts ................................. 2 4 ,* 4 1 0 0
I n t e r e s t a n il e x n tia n g o .....................................
61 82
T r a o k a g e a n d o th e r r e n t s l s , a s p e r T a b le
N o. 3 .......................................................................... 1 4 2 ,9 6 1 82

a t a n e x p e n se o f §28,068 64; th e b u ild in g o f 10 b o x o a rs of
s i x ty th o u s a n d p o u n d s c a p a c ity ; r e b u ild in g a n d e q u ip p in g
w ith a i r b ra k e s a n d a u to m a ti c c o u p le rs 25 s to c k c a rs : r e 
b u ild in g a n d e q u ip p in g w ith a u to m a ti c c o u p le r s 33 c o a l
T o ta l r e c e i p t s ........................................................................... $ 1 ,1 1 8 ,8 2 3 78 e a rs ; e q u ip p in g 19 lo c o m o tiv e s w ith p o w e r-d riv e r b ra k e s ,
288 c a rs w i t h a i r b ra k e s a n d 517 c a r s w ith a u to m a ti c c o u p 
D e d u ct f o r —
le rs.
$ 7 2 ,2 9 3 6 “
T a x e * ............................................
I n t e r e s t o u b o n d e d d e b t ...................................... 5 8 0 ,5 t o 0 0
T h e ro llin g s to c k c o n s is ts o f 76 lo c o m o tiv e s, 49 p a s s e n g e r
D iv id e n d s o n s to c k .............................................. 2 6 5 ,0 0 0 0 0
c a rs o f a ll k in d s , 2,398 f r e i g h t c a r s o f a ll k in d s a n d 26 ro a d T r a c k a g e a n d o th e r r e n ta ls , a s p e r T a b le
N o. 3 .........................................................................
5 5 ,1 6 2 2 3
9 7 2 ,9 9 5 92 se rv ic e c a rs . T h e ir c o n d itio n a n d th e c h a r a c t e r o f t h e r e 
p a irs m a d e o n th e m d u r i n g th e y e a r w ill b e fo u n d in ta b le s
S u r p lu s .........................................................................................
$ 1 4 5 ,8 2 7 86 N os. 11. 12 a n d 13 [p a m p h le t],
C onducting Transportation .— T h e in c r e a s e in th e s e e x 
During the year just closed there was a general increase
In almost all classes of freight carried, particularly in lum p e n se s is a p p a r e n t o n ly , a n d is d u e e n ti r e l y to a c h a n g e in
th
e m e th o d o f d is t r i b u t i n g “ T e r m i n a l” a n d c e r t a i n o th e r
ber, manufactures and merchandise. While the year's
wheat crop, which is the principal agricultural product e x p e n s e s w h ic h h e r e to f o r e w e re c h a r g e d to “ G e n e r a l E x 
tributary to the company’s lines, was, owing to heavy and p e n s e s .” T h e c o s t o f lo c o m o tiv e , t r a i n ' a n d s t a t i o n s e r v ic e ,
oontinued rains in the earlier part of the fiscal year, disap e x c lu d in g th e e x p e n s e o f “ T e r m i n a ls ,” sh o w s a d e c re a s e of
pointing, the unusual price of wheat prevailing in the §19,443 14, t h o u g h th e a o tu a l s e r v ic e p e r f o r m e d la r g e ly i n 
earlier months of the year brought into the market large c re a s e d , b u t t h i s is d u e a lm o s t w h o lly to e c o n o m ie s in o p e r
quantities of this grain held over from previous years, mak a tio n a n d to th e fa v o r a b le w e a th e r c o n d itio n s , th e w i n t e r
ing the movement of wheat originating locally along the b e in g m ild , a n d in c o n s e q u e n c e b u t l i t t l e d if f ic u lty w a s e x 
line nearly one per cent greater than for the preceding year. p e rie n c e d in th e m o v e m e n t o f t r a i n s fr o m s n o w b lo o k a d e s
The gross, as well as earnings over operating expenses, a n d e x tr e m e c o ld w e a th e r . T h e c o s t o f fu e l w a s a ls o m u c h
were the largest in the history of the company; in gross the re d u c e d b y th e c o m p a n y b e in g a b le to s e c u re m o re f a v o r 
improvement was §240,075 55, or 11-96 per cent, and in earn a b le c o n tr a c ts t h a n h e re to fo re . T h e w o rk d o n e b y th e t r a n s 
ings over operating expenses §76,169 54, or 8-77 percent. p o r ta tio n d e p a r t m e n t , u p o n w h ic h th e s e e x p e n s e s a r e c o n 
This improvement enabled your Board, after providing for t i n g e n t , is s h o w n in ta b l e s 5 a n d 6.
G e n e r a l E x p e n s e s . — T h e d e c re a s e in th e s e e x p e n s e s is in
fixed ana all other charges for the year, as well as the usual
dividend of 5 per cent on the first preferred stock, to in th e m a j o r p a r t a p p a r e n t o n ly , a n d is d u e to t h e c h a n g e in
crease the rate of dividends to 4 per cent per annum on the th e m e th o d o f a c c o u n t in g a lr e a d y r e f e r r e d to .

second preferred stock. This addition in the rate was not
made, however, until the last half of the fiscal year, when
2 per cent was declared instead of the customary i % per
cent. After deducting all payments there still remains an
available surplus balance of §115,827 86 from the year’s oper
ations.
Earnings from passenger traffic exceeded those of any
previous similar period ; they increased §45,394-73, or 11-01
er cent. The number of local passengers carried increased
*75 per cent, and through 21-58 per cent. The average
length of haul of local passengers increased 11-91 percent
and through 6-48 per cent. There was an increase of 55,368,
or 9-89 per cent iu the total number of passengers carried.
The average length of haul was 38-29 miles, an increase of
7’65 per cent, while the average receipts per passenger per
mile was 1-905 cents, as against 2-027 cents for the previous
year, a decrease of -122, or 6-02 per cent.
The earnings from freight traffic increased §181,438-36, or
12’35 per cent. There was an increase in the lumber ton
nage of 45,473 tons, in merchandise 24,881 tons, in manufac
tures and other articles 19,630 tons, and in grain and mill
ing products 43,336 tons, an increase of 133,320 tons, or 11-03
per cent in the total number of tons carried. The number
of tons carried one mile was 140,901,750, an increase of
26,378,738 ton miles, or 23'03 per cent. The average rate
realized per ton per mile was 1-171 cents, as against 1-283
cents last year, a decrease of -112 cents.
For more complete details as to the character of the ton
nage carried, its volume and changes, as compared with the
preceding year, reference is made to table No. 7.
The number of miles run by freight trains earning reve
nue was 669,136 miles, an increase of 49.832 miles, or 8-05
per cent. The average receipts earned per freight train
mile were §3-4666, an increase of -0945 cents, or 3'93 per
cent; and the average number of tons carried per train per
mile run was 201-18 .tons, an increase of 16-26 tons, or 9-38
per cent.
O P E R A T IN G E X P E N S E S .

The operating expanses absorbed 57-67 per cent of the
gross earnings, as against 56-40 per cent m the previous
year. They amounted to §163,906 01, or 14'48 per cent more
than in 1897: The classification of these expenses is shown
on table No. 8,
F o r—
M u tn t. o f w a y * s t r u c t
M a in t o f e q u i p m e n t ..
C o n d u c tin g t r a n s p o 'n .
G e n e r a l e x p e n s e s ........

T h is Y e a r.
$ 3 9 8 .2 9 3 08
212 1 3 2 3 2
5 8 0 ,4 0 2 1 7
1 0 1 ,7 9 4 91

T o t a l........................... $ 1 ,2 9 5 ,6 2 2 4 8

.------D u r i n g the Y e a r ------,
In c rea se .
D ecrease. P e r 01.
$ 1 2 7 ,4 7 3 3 7
. . . .......... 4 7 07
4 2 .8 5 9 11 ...................... 2 5 3 2
1 3 ,9 7 8 5 9 ......................
2-47
...................... $ 2 0 ,4 0 3 0 6 16- 0
$ 1 6 3 ,9 0 6 01

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

14-48

Maintenance of W ay and S tructures ,—The increase in

these expenses resulted almost entirely from the cost of
new rails laid in the track and new iron bridges erected
during the year to replace wooden structures. Of the new
rails laid in the track 12*94 miles were laid with 80-pound
steel and 27-55 miles with 70-pound steel. On the Western
Division 20'30 miles of 50-pound rails were taken up and re
placed with 60-pound steel rails removed from other parts
of the road. Grades equal to 12 miles of track were reduced
where such work was most needed. New steel bridges, ag
gregating 601 feet in length, were erected to replace an
equal number of wooden bridges. The length of timber
trestles, in lineal feet, has been decreased 988 lineal feet, or
about 5 per cent, a*d the length of line ballasted increased
25-85 miles.
Reference to Table No. 13 [in pamphlet] will show the
changes and additions made to the roadway during the year.
Maintenance of E quipment . —These expenses increased
§42,859 11, and include the cost of rebuilding 5 locomotives,

GENERAL.
T h e re w e re p u rc h a s e d d u r i n g t h e y e a r 4 lo c o m o tiv e s a n d
200 t h i r t y - t o n s t a n d a r d b o x c a rs , c o s tin g §138,034 03. a ll o f
w h ic h w a s c h a r g e d to th e c a p it a l a c c o u n t o f t h e c o m p a n y .
T h e re w e re a ls o e x p e n d e d fo r a d d it io n s a n d im p ro v e m e n ts
$283,726 48, b u t th i s e n ti r e s u m w a s c h a r g e d to th e o p e r
a tin g ex p en ses
T h e c h a r a c t e r o f th e s e im p r o v e m e n ts a n d
a d d itio n s is s h o w n in T a b le No. 9 [p a m p h le t.]
F o r s t a t e m e n t s s h o w in g th e c o m p a n y ’s fin a n c ia l c o n d i
tio n a n d th e re c e ip ts a n d d is b u r s e m e n ts m a d e d u r i n g th e
p e rio d c o v e re d b y t h i s r e p o r t r e f e r e n c e is m a d e to T a b le s
N os. 1 a n d 3.
T h e p ro s p e c ts fo r t h e c o m in g y e a r a r e m o s t e n c o u r a g in g .
T h e w h e a t c ro p in th e s e c tio n o f t h e c o u n t r y tr a v e r s e d b y th e
c o m p a n y ’s lin e s is v e ry h e a v y , p r o b a b ly a s la r g e a s i n ' a n y
p r e c e d in g y e a r. T h e c ro p o f s m a ll g r a m s a n d o f c o m w ill
e q u a l th e a v e ra g e o f a n y p re v io u s y e a r. I t is e x p e c te d th atth e f a r m e r s w ill s to re f r o m th e p r e s e n t w h e a t c ro p a s m u c h
a s w e re t a k e n fr o m t h e i r w a re h o u s e s to m a r k e t in th e
s p r in g m o n th s o n a c c o u n t o f th e u n u s u a l p ric e s t h e n r e 
c e iv e d ; a n d in c o n s e q u e n c e th e c u r r e n t c ro p w ill n o t m o v e
w ith i n t h e n e x t tw e lv e m o n th s , b u t w ill se e k th e m a r k e t s
in r im e a n d i t s e x is te n c e w ill a d d to th e g e n e r a l w e a lth o f
th e c o m m u n itie s s e rv e d . A g a in , t h e y ie ld is so la r g e t h a t
a f t e r m a k in g a llo w a n c e fo r th e p r o b a b le s to r a g e i t m a y
s t il l be r e a s o n a b ly e x p e c te d t h a t th e m o v e m e n t d u r i n g t h e
p re s e n t y e a r w ill e q u a l t h a t o f la s t y e a r.
T h e e a r n in g s o f th e M in n e a p o lis "N ew TJIm & S o u th w e s t
e r n R a ilro a d , w h o se e n ti r e b o n d e d in d e b te d n e s s a n d a l l o f
it s c a p ita l s to c k , w i t h e x c e p tio n o f 5 s h a re s , a r e o w n e d b y
th is C o m p a n y , o f w h ic h m e n tio n w a s m a d e in th e r e p o r t
fo r 1896, sh o w a c o n s id e ra b le im p r o v e m e n t o v e r t h e e a r n 
in g s fo r th e p re c e d in g y e a r. T h e e x p e n se s , h o w e v e r, e x 
c e e d e d th e e a r n i n g s s o m e w h a t, b u t th i s is d u e to th e la r g e
e x p e n se t h a t a lw a y s a t t e n d s th e o p e n in g o f a n e w lin e b e 
fo re tra ffic c a n b e m o v e d a t a m in im u m c o st.
T h e p o lic y o f im p ro v in g t h e ro a d w a y a n d s t r u c t u r e s w ill
be c o n tin u e d . D u r in g th e c o m in g y e a r a b o u t 22 m ile s o f
t r a c k w ill b e la id w ith n e w s te e l r a i ls w e ig h in g 80 p o u n d s
to th e y a r d , a n d a lik e a m o u n t o f 50 p o u n d r a i l w ill b e ta k e n
u p a n d re p la c e d b y r a i l w e ig h in g 60 p o u n d s to th e y a r d ,
w h ic h w ill b e re m o v e d fr o m t h e A lb e r t L e a D iv is io n to
m a k e p la c e fo r th e n e w 80 p o u n d s te e l ra ils . T h e 12 m ile s
o f d o u b le t r a c k b e tw e e n M in n e a p o lis a n d S t. P a u l, o p e ra te d
u n d e r le a se b y th i s o o m p a n y , w ill b e re la id w ith n e w s te e l
r a i l w e ig h in g 72 p o u n d s to th e y a r d , th e e x p e n s e o f w h ic h
w ill b e s h a r e d b y th i s c o m p a n y in a c c o rd a n c e w ith th e
te r m s of it s c o n t r a c t w ith th e N o r th e r n P a c ific R a ilw a y Co.
A s e c o n d -h a n d iro n t r i a n g u l a r g ir d e r b rid g e o n s to n e a b u t 
m e n ts w ill r e p la c e t h e r e m a in i n g c o m b in a tio n s p a n o n
w o o d e n s u p p o r ts o v e r S o ld ie r C re e k .
T h e e x p e n se s fo r e q u ip m e n t d u r i n g th e y e a r w e re la rg e ,
b u t a s b o th lo c o m o tiv e s a n d c a rs h a v e B e e n "put in th o r o u g h
c o n d itio n th e e x p e n s e fo r t h e i r m a in te n a n c e , e x c e p t th e
c o s t o f a p p ly in g s a f e ty a p p lia n c e s d u r i n g t h e c u r r e n t fisc a l
y e a r, w ill n o t b e so la rg e a s th o s e o f la s t y e a r. S in c e th e
close o f th e y e a r 200 th i r t y - t o n s t a n d a r d b o x c a rs h a v e b e e n
p u rc h a s e d , th e c o s t o f w h ic h w ill be c h a r g e d to th e c a p it a l
a c c o u n t o f th e C o m p a n y .
T h e B o a rd d e s ire s to c o m m e n t e s p e c ia lly u p o n t h e w o rk o t
th e t r a n s p o r t a ti o n d e p a r t m e n t d u r i n g th e y e a r, a s e v i
d e n c e d b y th e in c r e a s e o f t r a i n lo ad s, a s w e ll a s th e c o m 
p a r a t iv e fre e d o m fro m a c c id e n ts in th e o p e ra tio n o f th e
ro a d : i t a ls o d e s ire s to e x p re s s it s t h a n k s to a ll o fficers a n d
e m p lo y e s fo r th e f a i th f u l a n d e ffic ie n t m a n n e r in w h ic h
t h e i r re s p e c tiv e d u ti e s h a v e b e e n d is c h a rg e d .
B y o r d e r o f th e B o a rd .
E. H A W LEY ,

President.

O ctober

THE CHRONICLE.

15, 1898.J

793

T A B L E NO. 1.—C O ST O F R O A D , A S S E T S A N D L IA B IL IT IE S , J U N E 3 0 , 18 9 3 .

LIABILITIES.

ABSET8.

$ 2 2 ,0 5 7 ,7 0 8 0 7
6 6 ,4 7 7 7 2
----------------------$ 2 2 ,1 2 4 ,1 8 5 79

C o st o f r o a d a n d e q u ip m e n t.
R e a l e s t a t e .................................
S e c u r itie s —
F ir s t C o n so l. B o n d s o f Co. in T r e a s u r y ..
M. N . U. 6c S. W . R R . C o., b o n d s fa c e
v a lu e , $ 2 ' 0 ,0 0 0 ..............................................
M. N . U . 6c 8. W. R R Co., s to c k , p a r
v a u e , $ 9 9 ,5 0 0 .................................. ..........
M in n e s o ta T r a n s f e r R y . Co., b ’d s & s t ’k .
C ity o f N e w U lm , M in n ., b o n d s, fa c e
v a lu e , $ 9 ,0 0 0 .
.......................................
S ta n fo ld ,W is., to w n b ’d s, fa c e v a lu e ,$ 5 0 0

Current Assets—

C a s h ........................................................................
A g e n ts a n d c o n d u c t o r s ...................................
U . S. P o s t Office D e p a r tm e n t.....................
M in n e s o ta T r a n s f e r R y. C o...........................
M a te r ia l, fu e l a n d o th e r s u p p lie s ..............

Deferred Assets—
L i k e P a r k H o te l............................. ................
O sh e r p r o p e r t y ....................................................

$ 2 8 2 ,0 0 0 ( 0
1 6 0 ,0 0 0 0 0
9 9 ,5 0 0 0 0
7 8 ,0 0 0 0 0
9 .0 0 0 0 0
500 00
6 2 9 ,0 0 0 00
$ 2 8 3 ,2 9 9
52 ,8 ^ 5
1 7 ,8 1 0
3^7
1 8 4 ,2 1 9

93
50
55
16
37

C om m on s to c k ( a ) ............................................................................ $ 6, 000,000 00
P referre d S to c k F ir s t, c u m u la tiv e ( b ) ................................... $ 2 ,5 0 0 ,0 0 0 0 0
S eco n d , n o n -c u m u la tiv e ( c ) .....................
4 ,0 0 0 ,0 0 0 0 0
6 ,5 0 0 ,0 0 0 0 0
B o n d e d D e b t, a s n e r T a b le N o. 2 ..............
...................... 10 , 000,000 00
C u rr e n t L ia b ilitie s —
A u d ite d v o u c h e r s ..............................................
$ 1 9 8 ,3 9 8 8 4
A u d ite d p a y r o ll s ..............................................
7 9 ,2 3 1 13
A c c ru e d in te r e s t o n b o n d s to d a te , b u t
8 3 ,1 8 5 83
n o t d u e ........................... - ..................................
U n p a id t a x e s ........................................................
4 7 ,1 9 2 14
U n a d ju s te d a c c o u n ts .......................................
1 6 ,4 4 4 40
WiscODSin M in n e s o ta & P a c ific R R . C o ..
1 1 ,9 9 5 30
M in n e a p o lis N ew U lm & S o u th W e s te rn
R R . Co.................................................................
14 2 6 2 55
In d iv id u a ls a n d C o m p a n ie s .........................
6 1 ,3 3 9 59
5 1 2 ,0 9 3 78
B a la n c e fro m T a b le N o. 3
3 0 6 ,7 0 2 0 7

5 3 8 ,6 2 2 51
$ 1 7 ,8 5 9 56
9.L 33 99

2 6 ,9 9 3 55
$ 2 3 ,3 1 8 ,8 0 1 8 5

$ 2 3 ,3 1 8 ,8 0 1 85

(a ) $ 2 7 7 ,9 0 0 o f C om m on M ock re m a in s in th e T r e a s u r y o f th e C o m p a n y .
(c) $ 3 9 ,6 0 0 of 2 d P r e f . S to c k re m a in s in T r e a s u r y o f th e Co .
(b j $ 7 9 ,3 0 0 o f F ir s t P re fe rre -i S to c k re m a in s in th e T r e a s u r y o f th e C o m p an y .
T A B L E N O . 3 .—IN C O M E A C C O U N T .
D is b u rs e m e n ts —
T a x e s ..........................................................................................................
I n t e r e s t o n b o n d e d d e b t, a s p e r T a b le N o . 2 .........................
D iv id e n d s o n S t o c k F i r s t p r e f e r r e d ........................................................ $ 1 2 5 ,0 0 0 00
8 e co n d p r e f e r r e d ..................................................... 1 4 0 ,0 0 0 00
T r a c k a g e a n d o th e r r e n ta ls p a id to —
N . P . R y ., tra c k a g e , M in n e a p . to S t. P a u l . . $ 3 2 ,5 * 8
N . P . R y ., tr a c k a g e , M in n , to M. <&D . J u n c t .
9 ,5 3 3
N . P. R y ., te r m in a l fa c ilitie s . S t. P a u l ..........
1 2 ,0 1 6
G . N. R y ., te r m iu a l fa c ilitie s , M in n e a p o lis .
1 ,0 /4

79
19
10
15

$ 7 2 ,2 9 3 69
5 8 0 ,5 4 0 00

2 6 5 ,0 0 0 00

5 5 .1 6 2
9 ,8 4 4
2 ,3 0 8
42
3 0 6 ,7 0 2

23
75
42
00
07

T o ta l
$ 1 ,2 9 1 ,8 9 3
R e c e ip ts—
B a la n c e d u e J u n e 3 0 th , 1 8 9 7 .......................................................... $ 1 7 3 ,0 6 9
E a r n in g s o v e r o p e r a tin g e x p e s s e e , a s p e r T a b le N o. 4 . . .
9 5 0 ,9 5 8
I n t e r e s t o n in v e s t m e n ts ...................................................................
2 4 ,8 4 1
I n t e r e s t a n d E x c h a n g e ........
61
T ra o k a g e a n d o th e r r e n ta ls fr o m —
8 t. P . & D. R R ., tr a c k a g e , M in n e a p o lis to
W h ite B e a r J u n c t i o n ............................................$ 2 7 ,4 5 4 87
S t. P. 6c D. R R , tra c k a g e , M in n e a p o lis to M.
& D . J u n c t i o n ......................................................... 1 2 ,7 4 8 61
0 . S t. P . M. <fc O. R y ., tra o k a g e , M in n e a p o lis
to M e rria m J u n c t i o n ............................................ 1 4 ,9 2 6 68
B. V. C. 6c R y . C o., tr a c k a g e , F r a s e r J u n o t 'n
to O gdeD, I o w a .......................................................
3 ,0 8 0 0 0
M in n e a p o lis R y . T r a n s f e r Co., te r m in a l
fa c iliiie a , M in n e a p o lis ........................................ 5 5 ,9 9 6 5 0
N . P R y ., te r m in a l fa c ilitie s , M in n e a p o lis ... 8 ,1 9 3 72
M. S t. P . 6c A S te. M. R y ., te r m in a l fa c ilitie s ,
M in n e a p o lis ............................................................ 7 ,5 0 9 33
C. G. W. K y , te r m in a l fa c ilitie s , M in n e a p 's ..
600 00
1 1 ,2 4 5 3 6
R e n ta l o f e q u ip m e n t..........
M isc e lla n e o u s r e n t a l s .................................................. 1 ,2 2 7 7 5
---------------1 4 2 ,9 6 2

10

L o ss in o p e ra tio n o f L a k e P a r k H o te l........................................
M in n e s o ta T r a n s f e r R y. Co. d e lin q u e n t ta x e s & a s a ’m 'ts .
O ld a c c o u n ts c h a r g e d o ff..................................................................
B a la n c e to g e n e r a l a c c o u n t No. 1 ................................................

T o ta l

38
14
00
82

82

$ 1 ,2 9 1 ,8 9 3 16

T A B L E N O. 5 —S T A T E M E N T O F P A S S E N G E R S C A R R IE D ,
S E N G E R M IL E S , T R A IN A N D C A R M IL E S .
In c . o r
T h is Tear. L a s t T ea r.
D ecrease.
P a s s e n g e rs c a r r ie d —L o c a l...
5 2 9 ,7 9 7
4 9 1 .6 8 9 7.
3 3 ,1 0 8
P a s s e n g e rs c a r ’d —T h r o u g h .
9 7 ,2 5 4
7 9 ,9 9 4 I .
17 ,2 6
P a s s e n g e rs c a r r ie d —T o t a l..
627,051
5 7 1 ,6 8 3 I .
5 5 ,3 6 8
P a s s , c a r ’d l m ile —T o t a l __ 2 4 ,0 1 0 .0 3 0 2 0 ,3 3 4 ,3 9 7 / 3 ,6 7 5 ,6 * 3
A v e ra g e le n g th o f h a u l ..........
38*29
35*57 7.
2 72
R e v e n u e p a s s , t r a i n m ile a g e
6 1 9 ,1 6 1
6 2 1 ,5 6 8 D .
2 .4 0 7
T o t 'l m ile a g e o f c a r s in t r a i n 2 ,7 4 5 ,5 2 5 2 ,6 2 5 ,0 0 ’ 7. 1 2 2 ,5 1 8
A v e ra g e N o. o f c a r s in tr a i n .
4 43
4 2 2 7.
*21
A v e r. No. o f p a s s in t r a i n . . .
38*78
32*72 7.
6 06

PA S
Per
Cent.
7 75
21*58
9*69
18*08
7*65
•39
4*67
4*98
18*52

■
— P e r c e n t o f—+
In c .
D ec.

I n T ons o f 2 ,0 0 0 L b s .
P ro d u cts o f M ines—
A n th r a c ite c o a l...........................
B itu m in o u s c o a l...........................
8 to n e , s a n d a n d lik e a r t i c l e s . .
C o k e ...................................................
O r e s ....................................................

1898/

18 9 7 .

1 9 ,9 3 1
9 4 .4 2 6
1 2 ,971
9 39
3 ,1 5 0

2 0 ,6 9 8
9 3 ,7 9 2
1 4 ,8 8 6
675
4 ,9 5 5

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

1 3 1 ,4 1 7

1 3 5 ,0 0 6

2-66

P r o d u c t o f F orest—
L u m b e r a n d w o o d .......................

2 9 3 ,2 8 7

2 4 7 ,8 1 4

18-35

M a n u fa c tu r e s —
O ils .....................................................
Iro n a n d s te e l r a i l s .....................
O th e r c a s tin g s a n d m a c h in e r y
B a r a n d s h e e t m e ta l ...............
C e m e n t, b ric k a n d lim e ............
A g ric u ltu r a l im p le m e n ts ..........
W agon*, c a rria g e s , to o ls , e tc ..
W in e s, liq u o rs a n d b e e r .........
H o u se h o ld g o o d s & f u r n itu r e .

1 0 ,8 3 2
747
6,2 1 5
2 ,0 0 2
65 7 9 2
1 7 ,7 0 1
2,6 1 3
7 ,6 4 2
3 ,3 4 8

8 ,5 6 4
274
1 0 ,4 8 4
3 ,1 -3
6 2 ,7 0 8
8,5 6 3
1 J ‘4 4
6,5 8 1
3 ,1 0 0

26*48
172-63

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

1 1 6 ,9 7 2

1 0 5 ,3 8 7

10*99

M e r c h a n d is e ...................................

9 2 ,4 3 8

6 7 ,5 5 7

36-83

M isc ella n eo u s.................................

5 1 ,3 8 7

4 2 ,2 6 0

21*60

T o t a l R e v e n u e T o n n a g e . 1 ,3 4 2 ,2 8 9

1 ,2 0 8 ,9 6 9

11*03

3*71
*67
12-87*
39-11
36*43

4*92
106*72
34*41
16 48
7-78

4 0-72
3 4 -5 9

—

..........

T A B L E N O. 8 .—D E T A IL E D S T A T E M E N T O F O P E R A T IN G
EX PEN SES.
D u r i n g T e a r ’9 8 .
A m o u n t.
In c . o r D ec.
M a i n t e n a n c e o f W ay a n d S t r u c t u r e s —
R e p a ir s of R o a d w a y .............................................. $ 1 3 7 ,1 3 2 13 D . $ 1 1 ,1 6 5 6 2
B rid g e s a n d C u lv e r ts ......................................
9 6 ,5 8 0 7 i 7.
7 5 ,5 * 7 0 9
C ro ss T ies, R e n e w a l o f ......................................... 4 6 .4 8 7 58 D .
4 .9 1 3 8 7
R a ils ..............................................................................
7 7 ,8 3 8 28 7.
5 4 ,3 3 8 08
1 ,5 3 6 28
1 8 ,087 39 7.
B ul d in g s a n d F i x t u r e s .......................................
F e n c e s ,' C ro ssin g s, S ig n s a n d C a ttle
G u a r d s ........ ...................................................
1 0 ,0 3 3 17 7.
2 ,0 0 2 58
2 ,7 2 7 99 7.
R e p a irs , T e le g ra p h ........................................
683 00
491 05S ta tio n e ry aDd P r i n tin g .................................
4 9 L 05 7.
8 ,9 1 4 78
S u p e rin te n d e n c e ......................................................
8 ,9 1 4 78 7.
T o t a l........................................................................... $ 3 9 8 ,2 9 3 08 7. $ 1 2 7 ,4 7 3 3 7
M a i n te n a n c e o f E q u i p m e n t —
L o c o m o tiv e s, R e p a ir s a n d R e n e w a l o f . . $ 8 7 ,5 3 0 77 7. $ 2 5 ,8 5 4 7 2
P a s s e n g e r C a rs.
“
“
..
18 .0 0 2 57
D.
8 .1 2 5 9 2
F r e ig h t C ars,
“
“
8 9 ,2 3 0 84 1.
2 1 ,5 6 3 84
W o rk C a rs,
“
“
..
3 ,7 3 7 98
7.
2 ,0 3 3 2 0
8 h o p T ools a n d M a c h in e ry , R e p a ir s a n d
R en e w a ls o f ...........................................................
5 67 7 7
4 ,2 9 2 51 I .
738 9 0
S ta tio n e ry a n d P r i n t i n g .................................
7 3 8 9 0 7.
118 5 6
S u p e rin te n d e n c e .....................................................
5 ,9 0 7 48 7.
- 78 04
1,891 27 7.
! O th e r E x p e n s e s ................................................

T A B L E NO. 6 —S T A T E M E N T O F C O M M E R C IA L F R E I G H T T O N 
N A G E , TO N M IL E S , T R A IN A N D C A R M IL E A G E .
T h is T ea r. L a s t Tear. In c . 07' Dec. P. c t.
T o n s c a r r ie d ...........................
1 ,3 4 2 .2 8 6
1 3 3 .3 1 7 1 1 0 3
1 , 2 0 ^ 6 9 I.
T o n s c a r r ie d o n e m ile ___1 4 0 ,9 0 1 ,7 5 0 1 1 4 ,5 2 3 ,0 1 2 I 2 6 .3 7 8 .7 3 8 23*03
A v e ra g e le n g th o f h a u l .. .
104*97
10 24 10*81
9 4 73 7.
T o t a l.......................................................................... $ 2 1 2 ,1 3 2 32 I . $ 1 2 ,8 5 9 11
R ev . f r e l g h t t r a i n m ile a g e
6 6 9 ,1 3 6
6 1 9 ,3 0 4 7.
4 9 ,0 3 2 8-05 .
T o ta l fr e ig h t c a r m ile a g e . 1 3 .7 7 2 ,0 1 8 1 2 ,4 3 0 ,1 1 9 I. 1 ,3 4 1 ,8 9 9 10*80 C o n d u c t i n g T k s n s p o b t a t i o n —
L o a d e d fr e ig h t c a r m il7go 1 1 ,4 4 8 ,0 0 1
L
o
c o m o tiv e S e rv ice.
18-55
t
9 ,* 2 2 ,5 1 3 I. 1 ,0 2 5 ,4 8 6
P . c t. of lo a d e d c a r mU’ge.
83*13
7 9 0 2 I.
$281 79
E n g in e a n d R o u n d h o u s e M e n ...................... $ 1 2 3 ,1 5 8 65 I .
4*11 5-20
A v e r, tom s p e r lo a d e d c a r
’ 1*76
-86
1
F
u e l fo r L o c o m o tiv e s ........................................ 13 6 ,0 7 8 98 D . 1 1 ,5 5 7 01
11-66
A v e r, lo a d e d c a r p e r tra in
603 7 5
17*11
1*25 7-88 |
W a te r S u p p lv fo r L o c o m o tiv e s ....................
6 ,9 8 0 49 D.
15-86 T.
A v e r, e m p ty c a r s p e r tr a in
391 88
3*47
*74 17-58
L u b r ic a n ts fo r L o c o m o tiv e s .........................
4 ,2 9 2 37 D .
4 21 D.
A v e r a g e to n e p e r t r a i n . . .
20 24
201*18
16*26 9*33
O th e r S u p p lie s fo r L o c o m o tiv e s ..................
1.3 2 5 73 I.
184*92 7.
T A B L E NO. 7—C L A S S IF IC A T IO N O F F R E I G H T C A R R IE D .
T o t a l................................................................... $ 2 7 1 ,8 3 6 2 2 D . $ 1 2 ,2 4 9 61
e—P c r C en t o f —*
T r a in S ervice.
I n T o n s o f 2 ,0 0 0 L b s .
1898.
18 9 7 .
In c .
Dec.
C o n d u c to rs, B a g g a g e ’n 6c B r a k e m e n .. $ 7 9 ,0 4 5 54 7.
$ 1 ,4 3 5 5 6
P ro d u c ts o f A g r ic u ltu r e —
T r a in S u p p lie s a n d E x p e n s e s .................
1 8 ,0 2 4 4 2
D.
1 ,3 6 1 1 1
G r a i n ................................................ 3 9 8 ,3 2 1
3 6 1 ,4 7 6
10*20
..........
F l o u r .................................................. 1 2 8 ,3 7 8
16-57
1 5 3 ,8 6 7
$7445
T o t a l................................................................... $ 9 7 ,0 6 9 93 7.
O th e r m ill p r o d u c ts ...................
2 4,906
7*31
2 3 ,0 7 7
C a s u a ltie s.
H a y ...................................................
1 0 ,6 2 6
10*90
9 ,5 8 2
7.
$
2
5 3 97
W re c k in g ........................
$ 9 5 2 92
F r u its a n d v e g e ta b le s ...............
5 1 ,5 5 5
2 1 ,7 9 0
150*34
4 ,8 7 3 2 2
L o ss a n d D a m a g e ......................................
9 ,1 1 3 54 7.
D
.
2
,6
7
2
0
2
I n ju r ie s to P e r s o n s ..................................
7 ,4 3 7 83
T o t a l .......................................... 6 1 4 ,9 5 7
5 7 1 ,6 2 1
7-58
P r o d u c ts o f A n im a ls —
L ive s to c k ........................................
D re ss e d m e a ts .............................
O th e r p a c k in g -h o u se p ro d u c ts
W o o l . . . ............................................
H id e s a n d l e a t h e r .........................
T o t a l ..........................................

3 3 ,7 2 6
5 ,1 0 7
1 ,“ 3 7
639
532

3 0 ,6 5 0
3 .0 2 0
2,851
1 ,6 6 9
1 ,1 3 4

10*03
7 2 09

4 1 ,8 3 1

3 9 ,3 2 4

6*12

39*o7
6112
5 3 08

T o t a l................................................................
S ta tio n S erv ice.
S w itc h m e n . F la g m a n 6 c W a tc h m e n ..
T e le g ra p h E x p e n s e s —O p e r a tin g ---S ta tio n S u p p lie s ......................................
S ta tio n A g e n ts, C le rk s & L a b o r e r s ..
T e rm in a l E x p e n s e s ..................................
T o ta l

$ 1 7 ,5 0 4 29

I.

$ 2 ,4 5 5 17

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

I).
D.
D.
D.
I.

$162
1,0 3 3
911
5 ,1 6 0
1 7 ,4 9 2

82
20
07
66
4t

$ 1 4 9 ,9 9 5 18

I.

11
06
H6
92
47

$ 1 0 ,2 2 4 4 9

794

THE CHRONICLE.

C o x D c c T i s a T h a n s f o r t a t io x — ( Ootid .)

AU other Espe&ies.

F o re h ro A c o D e le * .......... . ......................
A d v e n U in g ......................... ............
T t a CBa E x p a n s e s ....................................
C a r M <U *fte.............. . . * ............................
R e n a o f B u ild in g * A o th e r P r o p e r ty .
S u t ! o u # r y a n d P r in tin g .....................
S u p e r in te n d e n c e ............................ ..........

ToUl........ ...................... ...................

A m o u n t.

D u r i n g T c a r '9 3 .
In c , o r Dec.
41
24
05
4
87
26
86

T>.
J).
J.
J.
J.
I.
D,

$ 4 3 ,9 9 0 52

I.

$13,4 ”4 0 J

$ 5 8 0 ,4 0 2 17

I.

$ 1 3 ,9 7 * 59

O B K H lA L EXPKXfUSfc—

S a la rie s o f o ff ic e r* ....................... ..............
S tilarie* o f rn©rk* a n d A tte n d a n t* ........
G e n e ra l Office E x p e n s e * «fc S u ip li© * ...
L e g a l S e rx ic c s a n a E x p e n s e s ..................
I n s u r a n c e .......... .................... .................. ..
S ta tio n e r y a n d P r in tin g ...... .....................
I n c i d e n t a l s . . ..................................................

$ 2 ,3 5 2
“7*
1 ,7 3 5
5 ,6 8 5
2 ,6 7 0
7 ,4 14
804

$ 1 6 ,5 4 4 35
2 ,3 4 0 81
6 ,0 3 3 51
6 ,8 3 * 62
2 ,6 7 • 8 7
7 ,4 1 4 26
2 ,1 5 3 10

$ 4 0 ,5 1 7
2 8 ,4 0 6
7 ,2 0 2
15.6H9
3 ,9 4 0
2 .0 3 2
7 ,0 4 6

49
HO
83
41
39
19
00

D,
J.
J).
I.
D.
D.
D.

$ 7 ,2 4 3 54
3 ,3 * 4 19
31 % 57
2 ,9 5 5 9 6
1,081 7.
* ,* 5 4 *t*
9 .2 6 2 97

. $ 1 0 4 ,7 9 4 91

D . $ 2 0 ,4 0 5 <‘6

$ 1 ,2 9 5 ,6 2 2 48

1 . $ 1 6 3 ,9 0 6 01

[V ol, LXV1I,

years, for the amount of §16,719 20. These notes, whose face
includes the yearly interest at the rate of live par cent, will
be paid from current funds as they mature, and charged, as
regards the interest, to Income Account, and, as regards the
principal, to Equipment.
Since the first of July, §60,000 of the §180,000 Bills Payable
above referred to have been paid off from current re
sources. The remaining amount—-$l-‘0.000 -required chiefly
for freight oars which have been delayed in delivery, will
be capitalized when some future general provision of ad
ditional capital shall be made.
With this exception, the Company h is no floating debt.
The new equipment furnished and charged out of the
fiscal year ($106,300) comprised 8 locomotives, 7 passenger
cars and 35 freight cars.
In all tlie ro h a d b e e u e x p e n d e d to J u n e 3 0 .1 8 9 8 fo r C a p ita l
p u rp o s e * o v e r a n d u iio v e a n v p ro v is io n m a d e th r o u g h
o m ir w s to 111oo:ne o r P r o fit an d L oss, o r b y th e is a u e o f so
o u rltte s , th e s u m o f ........................... ...................................................... $ 4 3 4 ,4 5 4
D e d u c tin g til i t p o rtio n o f th e B eM e rm e o ta o f th e y e a r j u s t
clo sed , w h ic h h a s b e e n p r o v id e d fo r o u t o f t h e * 2 5 0 .0 0 0 B e t
te r m e n t F u n d r e c e n tly c r e a t e d .................. ....................................... 8 8 ,0 9 0
A n d th e r e is l e f t ..................................................................................... $ 3 4 6 ,3 6 4

Of this amount, $330,424 is the sum invested from current
RIO G R A N D E W ESTERN R A I L W A Y CO.
resources in the securities of the Sevier Branch to provide
ANNUAL REPORT FOR TEAR ENDING JUNE 30, 1898. for its extension in 1896 to the Marysvale Canon. The re
mainder. $85,940, is represented by expan litures on account
To the Stockholders o f the Bio Grande Western Railway Co.: of Utah Central. Provo Canon, and other branches or ex
tensions, for improvements on. or in connection with, the
T h e R e c e ip ts fro m O p e ra tio n s w e r e ....$ 3 ,3 3 2 ,2 8 8
line leased from the Denver & Rio Grande Railroad Com
K e» E a m iu its fro m O p e ra tio n s w e re ......................... $ 1 ,2 9 3 ,1 1 1
1 1 0 ,3 7 2
D e d u o t T a x e s a n a I n s u r a n c e ............................................
pany, anil for the Western Express Company’s stook.
As compared with the previous year:
A c tu a l N e t E a r n i n g s ........ ..............................................$ 1 ,1 8 2 ,7 3 9
F ix e d C h a r g e s ...................................................................

0 3 7 ,6 7 0

S u r p lu s E a rn in g s fo r th e Y e a r . . . - ................................................. $ 5 4 5 ,0 6 9
O u t o f w h ich f iu r q u a r te r ly d iv id e n d s a n d tw o e x t r a s e m i
a n n u a l d iv id e n d s h . v o b e e n p a id o n $ 6 ,5 0 0 ,0 0 0 P r e f e r r e d
S to c k , m a t i n s th e fu ll a m o u n t o f liv e (5) p e r c e n t, f o r w h ic h
3 2 4 ,7 7 8
I t h a s th e p re f e r e n c e , o r ........ ...............................
L e a v in g t e S u r p lu s In c o m e fo r th e Y e a r .................................$ 2 2 0 ,2 9 1
A d d th e S u r p lu s o f J u n e 3 0 , 1 8 9 7 .................................
$48,70-1
A d ju s tm e n t o f p r e v io u s T a x e s ..............
181
— -------- —
4 8 ,8 9 9
S u r p lu s o n J u n e 3 0 , 1 8 9 8 ................................................................... $ 2 6 9 ,1 8 0

The accounts for the year are closed as above, but on
August 23—since they were made up—the Board of Directors
decided that of the above surplus there would be charged
off and set apart to a “ Betterment Fund,” to be applied" to
outlays necessary to improve the structure and equipment,
the sum of.......................................................................... §50,000
And that a dividend of two per cent should be paid
on the §10,000,000 Common Stock, amounting to . . . . 200,000
i In order (not to deplete and) to further increase the cash
resources available for additions to the property, it was
deemed for the best interests of the Stockholders to pay
this dividend in Preferred Stock at par.
There was expended daring the fiscal year, as shown by
the General Manager's Report, on account of additions to
th tp opeetu a d • <i Up me nt, the sum of $284,843, the cost of
which has been provided as follows :
O u t o f B e t te r m e n t F u n d fro m S u r p lu s o f J u n e 30,
1897 ...............................
* 1 4 ,0 5 8
O u t o f th e $ 2 ->0.000 B et e r m e n t F u n d c r e a te d lu 
ll JO r e e o o t a p p r o p r ia tio n o f S u r p lu s E a r n in g s
k a b o v e r e f e r r e d t o ..................................................................... 8 8 ,0 9 0
B e t te r m e n t s .........................................................................
$ 1 0 2 ,1 4 8
O u t o f fu n d fro m S u r p lu s J u n e 3 0 , 1 9 9 7 .....................
$ 3 ,1 7 5
O u t o f n m o into s e t a>*ide fro m tim e to tim e t o c o v e r
d e p r e c ia tio n o f e q u ip m e n t, : o re b u ild c a r s d e s 
tr o y e d a n d fro m o ld e a r m a te ria l s o ld ....................... 1 1 5 ,2 7 8
B y a S p ecial E q u ln m e u t T r u s t fo r th e n e w p a s s e n g e r
o a rs .................................................................................................
4 7 ,8 7 9
E q u i p m e n t................................................................................................ 1 6 6 ,3 3 0
T h e r e m a in d e r w a s e x p e n d e d fo r p re lim in a r y s u r v e y s o f th e
P r o v o C an o n Lino, a n d o n t h e B o v in o S to c k Y a rd s n e a r
O r a u d J u n c t i o n .........................................................................................

16,365

T o t a l.............................. .............................................................................$ 2 8 4 ,8 4 3

1 These expenditures, of which a list in detail is given in
the Auditor's Report, on page 39 [pamphlet], are, as it will
be seen (as regards the Betterments, $102. 48), almost ex
clusively for new traoks, including the double tracking of
the Mountain Division, new buildings and lands, and a
new additional telegraph wire from Salt Lake City to Grand
Junction.
When it became evident during last winter, from the con
tinued growth in the volume of the Company’s business,
that more rolling stock would be needed to move it, orders
were placed with the builders, calling in all for the sum of
about $288,090.
To meet this, we had on hand Car Dapreciation and other
Equipment Reserve Funds to the extent of $113,000.
For the remainder we relied upon equipment trusts,
which it was known could be arranged witn car builders
and others, should it bs decided not to wait in full or for a
part on a more permanent form of capitalization. Mean
while, for abundant safety, on the eve of the outbreak of
war, it was deemed prudent last April to borrow the sum of
$180,000. Settlement for the chair cars and coaches was
made by paying the builders — the Pullman Company —
twenty per cent (Sot) in cash, and the remainder through a
<! Special Equipment Trust,” covering an issue of sixteen
notes of the Company, which mature over a period of eight

T h e R e c e ip t* lu c re * » e d ............................... $S 13.784. o r o v e r 3 6 p e r o e n t .
O p e r tin g E x p e n s e s I n c re a s e d .......... ..
4 6 4 ,6 3 2 , >r a b o u t 2 4
“
S m E a rn iu g s I n c r e a s e d ..................... ......... 4 29,1 2. o r n e a r ly 5 0
“

The increase in operating expenses is fullv analyzed and
explained in the report of the General Manager. It is
chiedy due to an increase of 41 per cent in the number of
train miles run. But §187,000, or 24 per cent, more than last
year was expended on the maintenance of the roadways,
structures aud equipment. 1,833 tons of new 65-pound steel,
203,226 ties, and 4,050 carloads of ballasting were laid and
distributed during the year. In view of the continued
heavy increase in train movement last autumn, on the rec
ommendation of the General Manager, to save delay and
for greater direct economy and safety in operation, a second
track was authorized on the mountain incline of about
eight miles from Clear Creek to Soldier Summit. This im
provement was completed and put in operation on January
1, and ha« since fulfilled every expectation and proven, in
fact, indispensable.
Two thousand tons of 75-pound rails were ordered last
spring, but have been paid for since the close of the, fiscal
year. They have been laid between Provo and Salt Lake
City, where the speed and traffic are greatest, replacing 65pound rails, which showed no wear, but were wanted to re
place a lighter rail on the Pleasant Valley Coil Branch
where the traffic has become too heavy for the original
weight of metal.
The year just dosed is the most prosperous this road has
so far'enjoyad, exceeding in gross an 1 net earnings (both
total and per mile) those of the largest previous fiscal year,
1891-1892. As compared with that year, the receipts were
over 27< larger, and the Net Earnings 32L({ larger.
This result was partially due to the opening of the Oregon
Short Line -‘Gateways," referred to in our Last annual report,
but all sources of business showed a gratifying increase.
Of the total increase in Receipts over last year:
P a s se n g e rs f u r n is h e d
A nd freijah ....................

,$137 ,8 7 1
7 4 9 ,2 6 6

T o t a l ............................................................................................................. $ 4 8 6 ,9 3 7

Excepting alone in sugar, sugar beets aud aspbaltum,
every class of commodity oarried gave increased earnings,
ranging from 23 par cent in fuel to 170 per cent in fruit and
vegetables.
The carriage of Fad, Ores and Bullion, considered in
block, shows an increase of 198,315 tons, and the revenue
an increase of $210,689, exceeding thereby the results of
any previous year in this class of commodities.
As regards Ores alone, the
T „ ta l S h ip m e n ts in 1393 w e re 1 9 3 ,8 4 3 to n s , a n d th e R e v e n u e $ 3 4 1 ,2 7 9
A g a in st S h ip m e n ts in 1897 o t 1 3 3 ,6 4 7 to n s , a n d R e v e n u e o f .. 2 7 2 ,1 5 9

a gain of 45 per cent in tonnage and of 25 per cent in
revenue.
As regards the mining camps on our own line, we carried
5 868 tons more than last year, for a decreased revenue of
$4,100. This is due to a slight failing off in the “ Tintic”
shipments, accompanied by a larger increase from “ Bing
ham,” whence the haulage is much shorter.
There seems to be no longer any reason to feel anxiety re
garding the future of the railroad business iu connection
with the mining of the precious minerals in Utah. The
proc ssesof concentration and other econ imies, set going by
the silver panic of 1893. have practically caught up wth the
“ decline in silver,” and even outstripped it "as regards the
actual output of ores.
Coal (including all fuel) continues to furnish our prin
cipal traffic, and amounted to 86 per cent of the total ton
nage and 23% per cent of the total freight revenue.
Its gain over last year is marked, being 46 per cent in
tons and 23 per cent in revenue.

O ctobek 15, 1898.]

THE CHRONICLE.

Live Stock gained $71 519, or over 58 per cent, and over 61
per cent in tonnage, which follows the very heavy increase
of 40 and 50 per cent, respectively, last year.
Fruit and Vegetables gave us an increase in revenue of
$101,976, or 127 per cent, and of 170 per cent in tonnage.
Lumber gained 52 per cent in revenue.
Wool, which doubled last year over 1896, shows a further
increase of 11 per cent in revenue (and over 37 per cent in
tons).
From all freight traffic as compared with the previous
year:
T h e re v e n u e i n c r e a s e d .. .. ___________ _____ $ 7 4 9 ,2 6 6 , o r 41% p e r c e n t.
A n d th e to n n a g e in c r e a s e d ...........................3 9 4 ,5 8 0 to n s , o r 5 1 k i “
‘‘

There ts as yet, however, no signs of the re-commencement
of building operations in Salt Lake City and other Utah
towns, as indicated by any larger carriage of stone and
other building materials, which formerly gave your line
considerable tonnage.
The total freight carried was 1,102,191 tons, an increase of
50 per cent over the largest tonnage year, and a somewhat
greater increase over last year, while the revenue from
freight exceeded that of 1891-92 (the largest previous year)
by 40 per cent.
The average distance a ton of freight was hauled was 189
jniles, against 169 miles last year.
The average receipts per ton were $2 31, against ($2 47 last
year.
The average rate per ton per mile was 1'22 cents, against
1-46 cents last year.
And the tons hauled one mile were 208,766,692. This is an
increase of 69 per cent over 1896-97, and is equivalent to
over 2% times as much as the first year (ending June 30,
1891) of the operatior of the through standard gauge line,
since which time 147 miles of railway (all branches), or 33
per cent have been added to the road. The average re
ceipt per ton per mile has fallen about 87 per cent in the
same seven years.
From Passengers: The revenue increased $137,671, or over
26 per cent, and was within $36,923 of 1891-92, our largest
revenue passenger year, while the number carried, 307,654,
exceeded last year by over 17 per cent, and the largest pre
vious year by 5 per cent.
The through passengers were more than double in number
and increased 57 per cent in revenue over last year.
The average distance traveled by each passenger, through
and local, was 124 miles, as against 95 miles last year.
The average receipt per passenger was $2 15, as against
$2 last year.
The average rate was 1-74 cents per passenger per mile,
against 2'12 cents last year.
This red uction is principally due to heavy excursion travel
in July, 1897.
The passenger business appears now to have nearly re
gained its former importance, a hopeful indication of the
passing of hard times and of probable early growth.
Local passengers contributed nearly 72 per cent of the
total number carried.
The number of passengers carried one mile was 38,128,379,
an increase of 54 per cent over last year, and about 13)4 per
cent over 1891-92.
From all business, and all lines, including leased branches,
the receipts averaged $5,939 per mile, but those of the main
line and its branches (441 miles) were $7,115 per mile. The
corresponding net earnings (after deducting taxes and in
surance) averaged for all lines, $2,089 per mile, and those of
the main line and its branches, $2,480 per mile.
The entire line now operated is 582-4 miles, of which there
was operated during the year an average of 566 1 miles. The
total owned and leased, including 11*3 miles of tramway, is
593 miles.
The '• yearly letter” of General Superintendent Welby,
dated August 18, shows that, notwithstanding the increase
in tonnage handled during the year was over 51 per cent
and in car mileage nearly 75 per cent, the business of the
line was handled with promptness and to the general satis
faction of shippers, especially the stockmen ; that the heavy
outlay on engines and cars has maintained them in excellent
condition ; that the large amount of surface ditching, rais
ing of grade line, and of additional drainage culverts pro
vided will tend to greatly diminish the occurrence of small
wash-outs, which are a source of jeopardy to trains ; that
safety in operation has been further promoted by the erec
tion of semaphores in several important yards where the
view is obstructed ; that no passenger was killed during the
year ; that the Company library at Helper and readingroom at 1 liistle have met with success, having 243 members ;
that no labor grievance has occurred ; and that the crops
just maturing throughout Utah are in a very satisfactory
condition, those of the cereals being estimated to exceed
the previous year by 25 per cent. It further appears that
since 1891, the first year of operation of the through stand
ard gauge line, the freight car milage has increased 121 per
cent, the passenger car mileage about 34 per cent and the
engine mileage 50 per cent.
For the first time since their cultivation began in 1892, our
carriage of sugar beets failed to show a large increase, but,
on the contrary the tonnage and revenue declined 58 per
cent. This was because of a failure of the crop of 1897, due
to inferior seed dry ground at planting time, and insects
during absence of the usual spring showers—not from frost,
or lack of irrigation. The crop of the present season, how

795

ever, to be worked in the new fiscal year, is by far the best
they have ever had in Utah. The results of the sugar works
at Lehi have proved so satisfactory that new works, with a
capacity of 350 tons of beets per day, have just been com
pleted at Ogden, our Western terminus, and plans are on
foot for the erection of still another mill at Goshen, on the
“ Tintic ” branch.
T H E C A P IT A L R E S E R V E

now stands as follows:
A n a u th o r iz a tio n f o r a f u r t h e r is s u e o f P r e f e r r e d S to o k
a m o u n tin g t o ..........................................................................................*$1,0 0 0 ,0 0 0

And in the Treasury of the Company:
F i r s t M o rtg a g e B o n d s o f th e R io G ra n d e W e s te rn R a il
w a y C o m p a n y , m a k in g u p th e t o t a l a u th o riz e d is su e ,
w h io h is lim ite d to $ 1 6 ,0 0 0 ,0 0 0 (a g a in s t w h ic h th e r e 
q u ire d m ile a g e o f r a ilw a y lin e h a s a lr e a d y b e e n c o m 
p le te d ) .................................................................................................
8 0 0 ,0 0 0
F i r s t M o rtg a g e B o n d s o f o th e r R a ilw a y C o m p a n ie s (th e ir
e n tir e is s u e s )...................................................................................... 2 ,8 5 0 ,0 0 0
A lso P r e f e r r e d S to c k o f o th e r R a ilw a y C o m 
p a n ie s (th e ir e n tir e is su e s )
............................$ 1 ,1 4 0 ,0 0 0
C o m m o n S to c k o f o th e r R a ilw a y C o m p a n ie s
(th e ir e n tir e is s u e s )........................... .
........ 1 ,9 6 0 ,0 0 0
A n d 1 0 ,0 0 8 s h a r e s o f th e W e s te rn E x p r e s s C o m p a n y ’s
S to c k (th e e n tir e is s u e ) .................................................................. 1 ,0 0 0 ,0 0 0

The Company hasderived a direct income during the
year, embraced in receipts from operating, equivalent to 4
per cent on over three millions of the securities of other
Companies embraced in the above reserve.
No securities have b«en issued during or on account of,
the fiscal year. But the guaranty of this Company has
been attached to $550,000 four per cent twenty year gold
bonds of the reorganized Utah Central Railroad Company,
all the stock of which belongs to the Rio Grande Western
Railway Company, and which has been leased to and oper
ated by this Company since January 1, 1898. As set forth
in the last report, our obligation is to pay, besides the prin
cipal, the interest, now amounting to $22,000 per year, and
ultimately to $26,000 per year, on $650,000 bonds of the Utah
Central Railroad Company, secured by a first lien on the
purchased property, of which amount $li'0,000 are reserved
in the Treasury to be applied to its future betterment.
The estimated net return to the system for the year from
the operating of the tintic Range and the Sevier Railway
Branches (108-67 miles), all of whose securities belong to
this Company, amounted as shown by the Auditor on pages
56 and 57 [pamphlet], to $226,9fi4.
This, while 14 per cent less than last year, is nearly 60
per cent more than enougli to cover the (5%) interest on the
$2,850,000 bonds of these branches.
Independently considered they earned a net amount equiv
alent to 5 per cent on $15,300 per mile. Last year it was 5
per cent on $17,668 per mile.
The arrangement entered upon in May and June, 1897,
with the Oregon Short Line, for a free interchange of busi
ness both north and south of Ogden, has resulted so hand
somely for that company as well as yours that there is no
apparent likelihood of its being broken. Not an inconsider
able advantage to both companies has been the complete
avoidance of rate cutting in Utah, and the saving in various
ways due to harmonious relations.
Since October 19th last, the Union Pacific and the Rio
Grande Western Companies have enjoyed, we believe, free
participation at Ogden in the traffic and travel of the Ore
gon Short Line, according to their respective facilities for
reaching different sections of the country. We are advised
that no attempt will be made to close these “Gateways,”
and as the poliqy in regard to them, adopted by the Direct
ors of the Oregon Short Line, has proven, after a year’s
trial, to be highly advantageous to that Line, there is no
reason to believe that a narrower view will be taken of the
interests of their trust by any future Board.
The harvests along our line this summer have been excel
lent, the (silver, gold, lead and copper) mining conditions
are satisfactory, the cattle shipments promise to be on a
larger scale even than heretofore, and the evident growth of
financial confidence and business activity throughout the
country since the return of peace indicates the probable
early restoration on a former scale of the demand for mer
chandise and the other better paying articles of railroad
traffic, as well as of the normal passenger movement*.
The experience with our coal trade during the past year
has inspired confidence as to the ability of this Company to
reach new markets, as well as in the continuous growth of
those we alreadv supply.
The trans continental fruit shipments will be much cur
tailed owing to the partial failure of the crops in California
from frosts last spring. On the other hand the rates on all
westbound trans-Continental freight and passenger business
promise improvement from the expected settlement of the
long pending rate war.
The Directors take pleasure in acknowledging the con
tinued indebtedness of the Company to Colonel Dodge, Sec
ond Vice President and General Manager, and to his staff,
for their loyalty and ability, and the success with which
they have managed and ope luted this railroad during
another year.
ei..-.
By order of the Board of Directors.
WM. J. PALMER,
President.

•R e d u c e d s in c e tlie c lo se o r th e ilso a l y e a r, b y th e a m o u n t o f , t h e
$ 2 0 0 ,0 0 0 d iv id e n d p a id , to $ 8 0 0 ,0 0 0 .

798

1HE CHRONICLE.

[VOL

LXVH.

to the shareholders of this Company, the
G R E A T N O R T H E R N R A I L W A Y C O M P A N Y . rata
entire account bad been written off, the bal
ance o f.............................................................
$6,998,619 67
NINTH ANNUAL REPORT—FOR THE FISCAL YEAR being charged to “ Profit and Loss.”
ENDING JUNE 80, 1898.
The decrease of $4,550,139 06 in “ Cost of Properties and
Securities Owned by Great Northern Railway Company.”
as shown in general balance sheet on page 28 of pamphlet,
To the Stockholders:
as compared with the same item in last year’s balance sheet,
The President and Directors submit the following report represents the amounts so charged off' less the oost of the
for the year ending June 30, 1898 :
securities and properties in connection with its railway
acquired by the Company during the year.
F IN A N C IA L .
Expenditures were made during the year on the capital
During the business year covered by this report there was accounts of proprietary companies as follows :
no change in the funded debt or share capital of the Great E a s te r n K ail w ay C o m p a n y o f M in n e s o ta ................................$ 4 ,8 1 4 ,8 4 2 45
M o n ta n a C e n tr a l R a ilw a y C o m p a n y ..........................................
1 7 8 ,6 2 0 61
Northern Railway Company, or in the share capital of W
lllm a r & S io u x F a lls R a ilw a y C o m p a n y ...............................
9 ,4 2 3 9 4
either of its proprietary railway companies.
3 0 4 34
D u la tli W a te r to w n i t P a e iilo R a ilw a y C o m p a n y .................
The change in the bonded debt of the St. Paul Minneapo D u lu th T e rm in a l R a ilw a y C o m p a n y ..........................................
1 7 ,2 6 3 ' 0
i l l 72
lis & Manitoba Railway Company, shown in the table on M in n e a p o lis D nion R a ilw a y C o m p a n y ......................................
88 47
page 31 of this report, and fully explained in that Com M in n e a p o lis W e s te rn H a llw a y C o m p a n y ( c r e d it) ...............
The amount shown for the Eastern Railway Company of
pany's annual report, was caused in part by the redemption,
through the operation of the Sinking Funds, of 860,400 first Minnesota inclu les the purchase price of the Duluth Super
mortgage 7 per cent land grant bonds and §507,000 consoli ior & Western’s railway and equipment and the amounts
dated mortgage
percent bonds; and, in part, by the is advanced contractors on account of construction of the new
suance of §1,495,000 consolidated mortgage
per cent Northern Division to date of June 30, 1898.
The amount expended by the Great Northern Railway
bonds for the acquisition of additional property, and on ac
count of the construction of an extension of the Langdon Company for improvements, including expenditures on ac
branch to Hannah, and of the Cavalier branch to Walhalla, count of Cascade Tunnel, etc., referred to below, appears on
the balance sheet, pags 800, under the item: “ Cost of Addi
both in North Dakota.
There is still outstanding of the St. P. M. & M. R’y Co.’s tions and Improvements made by the Great Northern Rail
first mortgage land grant 7 per cent bonds No. 2345 for way Company to pronerty 1-ased from the St. P. M, Sr M.
$1,000, embraced in the nineteenth call, and upon which Ry. Co. and paid for from ‘ Fun 1 for Permanent Improve
interest ceased to accrue March 13th, 1896. The amount ments and Renewals.' ” The ccmp m y <* not carrying on its
necessary to redeem this bond is in the hands of the trus books as an asset the cost of any additions and improve
ments.
tees of the mortgage.
As shown on page 799, there was appropriated out of the
The Montana Central Railway Company issued during the
year $100,000 of its first mortgage 5 per cent bonds to cover net revenue for the year $1,500,030 for the “ Fund for Per
cost of additional equipment purchased, property acquired manent Improvements and Renewals.”
The Company has been carrying its own insurance for
and extensions built in this and prior years.
In order to provide funds for the construction of its new the past three years, with a saving of $71,255 81, which
line between Duluth and Fosston, Minnesota, the Eastern amount stands on its books as a credit to “ Insuianoa
Railway Company of Minnesota issued as of April 1st, 1898, Fund.’’ To strengthen this fund, $250,000 has been trans
$5 ,000,000 of its Northern Division first mortgage, fifty year ferred to it, making it abundantly strong to meet any loss
Gold bonds, bearing interest at the rate of 4 per cent per and to prevent any extraordinary charge for fire loss to
annum, payable on the first day of April and October in operating expenses.
Out of the net revenue for the year, $750,000 was -’pproeach year. The principal and interest of these bonds is
guaranteed by both the Great Northern and St. Paul Min priated towards cost of the tunnel now being built through
the Cascade Mountains, work on which was begun in Feb
neapolis & Manitoba Railway Companies.
By the purchase of the property of the Duluth Superior ruary, 1897. This amount has been deducted from ‘ ‘Rev
& Western Railway Company, which is hereinafter referred enue Account.” oil page 799, and is included in the amount
to at length, the Eastern Railway Company of Minnesota of $1,489,533 06 shown on balance sheet, page 800, as “Cost
acquired 600 ore cars, built by the Michigan Peninsular Car of Additions and Improvements made by the Great North
Company, in 1896, for handling the iron ore traffic of the ern Railway Company to property leased from the St. P .,
Duluth & Winnipeg Railroad, and in the interest of that M. & M. R’y Co. and paid for from ‘Fund for Permanent
road, to be paid for under a Car Trust agreement. As nearly Improvements and Renewals.’ ”
N E W L IN E S .
one-bird of the cast of these cars had been paid prior to
the purchase of the property by the Eastern Railway, that
The St. Paul Minneapolis & Manitoba Railway Company
Company has assumed the balance of payments due under has. during the year, and under the provisions of the lease
the Car Trust agreement, amounting to $234,989 92, which to this Company, completed an extension of the Langdon
appears as a liability on the balance sheet published herein. branch from Langdon to Hannah, North Dakota, 21-06
This amount will be paid as rapidly as the Car Trust agree miles, which was opened for traffic September 9th, 1897.
ment will permit.
Also an extension of the Cavalier branch from Cavaiier to
The item of “ Bdls Payable,” $1,100,000, shown in last Walhalla, North Dakota, 16’13 miles, which was open for
year’s balance sheet, for account of purchase of preferred traffic August 27th, 1897.
stock of the Oregon Railroad & Navigation Company, as
The line between Carlisle and Elizabeth, Minnesota, 3'b2
explained upon page 6 of last year’s report, was paid and miles, having been abmdoned, the tracks and structures
canceled during the year from tile Company’s current re were removed during the year.
ceipts.
*
The building of a direct line from Fosston, Minnesota, to
On May 21,1898, the Board of Directors of this Company Duluth or West Superior, has been under consideration for
passed a resolution calling for redemption on September 1, some years, during which period numerous surveys have
1898, under the terms of the mortgage of September 1, been made. An excellent line was obtained, and active
1892, the entire issue, $15,000,000, of this Company’s col construction work was begun last fall by the Eastern R*illateral trust four per cent bonds. Due notice of this call way Company of Minnesota, At this writing the line has
was given by public advertisement The bonds ceased to been opened for traffic and is practically completed. As a
draw interest on September 1, 1898. At this writing, $13,- portion of the new line, the Eastern Railway purchased the
763,000 of bonds have been redeemed and the balance will line of the Duluth Superior & Western Railway from the
be redeemed upon presentation at the Company’s office in St. Louis river to Deer River, Minnesota. 99-94 miles, paying
Ne w York. These are the only bonds ever issued by the for same, including equipment., material, etc.. $3,385,400.
Company. Their redemption will return to the Company’s From the St. Louis River to Saunders, Wis.,-6'18 miles of
treasury £3,000,000 of the St Paul Minneapolis & Manitoba leased track is at present used. In order to provide its own
hue and to avoid the heavy grades on the D. S. & W. Ry., a
Railway Company’s Pacific Extension bonds.
Under date of .June 10, 1898, a circular was issued to the line has been built from Cloquet, Minnesota, to a junction
shareholders of this Company proposing to increase the pre with the main line of the E-stern Railway at Nemadji
ferred capital stock of the Company 250,000 shares and giv river, thirteen miles south of West Superior. The. second, or
ing the shareholders the right to subscribe for such shares double track, is now being extended to Nemadji Junction.
The line purchased from the D. S. & W. Ry. Co. is being
at par, pro rata to their holdings at the close of business
July 1, 1898. The shareholders of the outstanding shares improved to the highest standard. Wooden structures in
having assented to the proposed increase, the same was by the track are being replaced by stone culverts and solid em
resolution of the Board of Directors declared effective July bankments, or with new steel bridges; seventy-five pound
rail is being laid in place, of the former sixty pound rail; ex
22, 1898.
As explained in the circular to shareholders issued by the isting passing tracks are being lengthened and additional
Board of Directors May 25, 1898, this Company has from ones built to provide for the heavy business which will pass
time to time advanced to the Seattle & Montana Railroad over this line; coal and water stations are being erected at
Company, to assist in the construction and acquisition of the convenient points.
From Deer River to Fosston. 99'68 miles, a new line has
property owned by that Company, sums which, with inter
est, amounted on March 1, 1898, to.....................$11,286,489 54 been built. The distance from Fosston to Nemadji Junction
Of this amount the interest amou* ting to ......... 4,287,869 87 is 2 12-44 miles, is very heavy work, and is built in the most
substantial and permanent manner. The maximum grade
while charged to the Seattle & Montana Rail
is four-tenths of one per cent, equated for curvature. The
road Company, bad not been included in this
track is laid with seventy-five pound steel rails and is fully
Company’s income account. In consideration
ballasted. Passing tracks alternately 8,000 feet long and
of the issuance of the entire capital stock of
0,000 feet long average about six miles apart. The necessary
the Seattle & Montana Railroad Company pro

O ctober

15, 1898.J

THE CHRONICLE.

depots, coal and water stations, and other buildings, have
been erected. A division point has been established at Cass
Lake, 105‘03 miles from Carman and 169'49 miles from West
Superior, with brick round house, turn table, coal and water
stations, etc., and over five miles of yard tracks.
The line between Fosston and Cass Lake has been leased to
the Great Northern Railway and will be operated as a por
tion of its Dakota Division. The line between Cass Lake
and Nemadjii Junction will be operated by the Eastern
Railway Company of Minnesota as its Northern Division.
This new line, in addition to materially shortening the
line from all points west of Crookston to Duluth, will de
velop a large local business. The road runs through the
largest body of standing pine east of the Rocky Mountains
and a heavy lumber traffic may be expected. It also runs
through a portion of the Iron Ore region of Minnesota, and
a considerable ore traffic is now being handled, which will
increase.
A number of directors and large shareholders of the Com
pany have recently made a careful inspection of this new
property and are confirmed in their opinion of the wisdom
of its construction.
Under arrangements made with this company, the Park
Rapids & Leech Lake Railway Company began during the
year the construction of a line from Park Rapids to Cass
Lake, Minnesota, about 49 miles. The track has been laid
from Park Rapids to Akeley, 18 miles, and will be completed
to Cass Lake before winter.
All of these new lines are shown upon the map attached
hereto.
Since the close of the fiscal year, the Company has
secured almost the entire stocks and bonds of the Spokane
Falls & Northern Railway Company, Nelson & Fort Shep
pard Railroad Company, Red Mountain Railroad Company
and Columbia & Red Mountain Railroad Company, the four
railroads composing what is known as the Spokane Falls &
Northern System. This consists of about 217 miles of road
from Spokane Falls, Wash., to Nelson, B. C., on the Koo
tenai River, with a branch from Northport, Wash., to Ross
land, R. C., and handles large ore shipments from the Trail
Creek, Rossland and Slocan camps.
E Q U IP M E N T P U R C H A 8 E D .

By the purchase of the Duluth Superior & Western Rail
way, before referred to, the Eastern Railway Company of
Minnesota acquired the following equipment:
6 locomotives, 2 passenger coaches.
2 combination passenger and baggage cars.
10 box cars, 50 flat and coal cars.
600 ore cars, 4 caboose cars and 2 boarding cars.
This equipment has been carefully inspected and ap
praised and taken into equipment account at its appraised
value.
There were purchased during the year, largely to equip
the Eastern Railway’s new Northern Division, 45 locomo
tives, 16 tourist sleeping cars, 10 baggage, mail and express
cars and 3,500 freight service cars, of which the following
eqipment had been received and taken to account at the
close of the year:
8 te n -w h e e l p a s s e n g e r e n g in e s, w ith c y lin d e rs 2 0 x 3 0 in c h e s d r i v e r 8
63 in e n e s o u ts id e d ia m e te r , w e ig h t o n d r iv e r s 1 2 7 ,0 0 0 p o u n d
te n d e r s h a v e a c a p a c ity f o r e ig h t to n s o f c o a l a n d 4 ,5 0 0 g a l
o f w a te r.
1 5 m o g u l f r e ig h t e n g in e s , w i 'h c y lin d e rs 1 9 x 2 6 in c h e s , w e lc h in g o n
d riv e rs 1 1 4 ,0 0 0 p o u n d s ; te n d e r s h a v e a c a p a c ity fo r e ig h t to n s
o f c o a l a n d 4 ,0 0 0 g a ls, o f w a te r . O n e o f th e s e lo c o m o tiv e s w a s
p u rc h a s e d to r e p la c e a v a c a n t n u m b e r.
1 2 1 2 -w h e e l f r e ig h t e n g in e s, w ith c y lin d e rs 1 9 x 3 2 in c h e s , w e ig h in g o n
d r iv e r s 1 4 2 ,0 0 0 n o u n d s ; te n d e r s h a v e a c a p a c ity o f e ig h t to n s
o f c o a l a n d 4 ,5 0 0 g a ls, o f w a fe r.
2 1 2 -w h e e l fr e ig h t e n g in e s , w ith c y lin d e rs 2 1 x 3 4 in c h e s, w e ig h in g 1 n
d r iv e r s 1 7 2 ,0 0 0 p o u n d s ; t e n d e r s h s v e a c a p a c ity o f n in e tonB o f
c o al a n d 5 ,0 0 0 g a ls , o f w a te r . T h e se tw o e n g in e s a r s u s e d on
th e M o n ta n a C e n tr a l R a ilw a y , b e tw e e n C la n c y a n d W o o d v ille ,
fo r h a u lin g t r a i n s o v e r th e m o u n ta in g ra d e o f 116 fe e t to th e
m ile.
3 lig h t lo c o m o tiv e s w e re ta k e n o u t o f s e rv ic e d u r in g th e y e a r, tw o
b e in g sold.
1 6 t o u r i s t s ie s p in g c a r s , 62 f e e t lo n g , 1 4 s e c tio n s , u p h o ls te re d in
le a th e r , e q u ip p e d w ith s ta n d a r d s te e l p la tf o r m s a n d o o u p le rs ,
a ir b ra k e s , a i r s ig n a ls , v e s tib u le s , a te .
10 b a g g a g e , m a il a n d e x p re s s c a r s , 6 5 fe e t lo n g , e q u ip p e d w ith s t a n d 
a rd s te e l p la tf o r m s a n d c o u p le rs , a i r b ra k e s , e tc .
5 b u s in e s s c a r s —o n e . 5 0 fe e t lo n g ; o n e . 38 fe e t lo n g , a n d th r e e , 34
f e e t lo n g , fo r S u p e r in te n d e n ts , b u ilt in t h e c o m p a n y ’s sh o p s.
7 0 0 3 6 -fee t, 6 0 ,0 0 0 p o u n d s o a n a e ity b o x c a r s , w ith h o p p e r b o tto m s , to
e n a b le c o a l to b e e c o n o m ic a lly h a - d i e d o n e w a y a n d g r a in o r
m e r c h a n d is e to t e h a n d le d in th e o th e r d i e o tio n ; e q u ip p e d
w ith a i r b ra k e s a n d a u to m a tio c o u p le rs.
5 0 0 3 6 -fee t, 6 0 0 0 0 p o n n d s c a p a c ity , *la n d a r d b o x c a s, e q u ip p e d w ith
a ir b ra k e s a n d a u to m a tic c o u p le rs.
5 0 3 6 -fe e t, 6 0 ,0 0 0 p o u n d s c a p a c ity , r e f r ig e r a t o r o a rs , e q u ip p e d w ith
a ir b ra k e s a n d a u to m a t ic c o u p le r s ; f o u r to r e p la c e d e s tr o y e d
c a r s a n d 4 6 fo r a d d itio n a l e q u ip m e n t.
5 0 0 4 0 -fe e t, 6 0 ,0 0 0 p o u n d s c a p a c ity “ S a n d ” c a r s , a lso a d a p te d f o r u se
a s c o a l o r fia t o a rs , e q u ip p e d w ith a ir b r a k e s a n a a u to m a tic
c o u p le rs.
1 5 4-w h eel cab o o se c a r s w e re b u ilt in th e C o m p a n y 's siio p s fo r a d d i
tio n a l e q u ip m e n t a n d o n e 8 -w h eel c a b o o s e to fill v a c a n t n u m 
b e r.
2 9 c in d e r o a rs w e re b u ilt in th e C o m p a n y 's s h o p s d u r in g th e y e a r.
5 h e a v y s te a m s h o v e ls , w ith 2 le -y a rd d ip p e r, fo u r fo r a d d itio n a l
e q u ip m e n t a n d o n e to fill v a c a n t n u m b e r, w e re p u rc h a s e d
7 L id g e rw o o d u n lo a d e rs w e re p u rc h a s e d d u r in g th e y e a r an d m o u n te d
u p o n fla t o a rs , f o r u s e in b a lla s tin g , b rid g e lin in g , h a n k w id e n 
in g , elo.
1 p o llin g c a r w a s fitte d u p f o r u se in b r e a k in g u p a n d s o r tin g f r e ig h t
tr a in s .

797

are now so fitted as to conform to the acts of Congress re
lating thereto, and the remainder will be equipped during
the coming year.
During the year the cars used on passenger trains running
through to the Pacific Coast have been equipped with vesti
bules the full width of the car.
As equipment is destroyed or taken out of service, operat
ing expense is charged and “ Fund for Replacement of
Equipment ” is credited with the cost of replacing the same.
When equipment for replacements is purchased, the cost of
the same is charged to the account last mentioned.
A D D IT IO N S .
ST. P. M. * M. s r . ’s LEASED LINI S.

The new brick freight and passenger station at Fergus
Falls, Minnesota, referred to in last year’s report, has been
completed, the old depot removed, and the yard at that sta
tion re-arranged and enlarged.
A new brick depot has been built at Morris, the yard
being moved and re-arranged so that there will be less in
terference with the movements of trains and fewer street
crossings to protect.
The building of additional stock yards to handle increas
ing stock shipments, referred to in last year's report, has
been continued, many having been built during the year,
including new feeding yard, 240x564 feet, at Larimore
North Dakota.
New depot buildings have been built at the following sta
tions: Russell and Bertha, Minnesota; York, Omernee and
Mayville, North Dakota (the last one of brick); Poplar, Har
lem and Malta, Montana.
An express and eating house of stone, similar in design to
the passenger station, has been built at Grand Forks, North
Dakota.
Large grain warehouses for the purpose of handling wheat
from that portion of eastern Washington tributary to this
line have been built at Edwall, Moscow, Harrington, Coal
Creek, Lamona and Wenatchee
A 66-feet steel turn-table, with cover to protect the same
and tracks from snow, has been put in at Madison, Wash.
In order both to cheapen the cost of handling locomotive
fuel and to save the loss of time to trains and expenses of
engines incident to coaling as heretofore, the Company has
built during the year 24 coaling stations of special and im
proved design, at the following points: St. Cloud Willmar,
Breckenridge, Barnesville, Smith Lake, Evansville, Morris
and Crookston, Minnesota: Casselton, Rugby Junction,
Stanley, Devils Lake, Minot and Williston, North Dakota;
Great Falls, Glasgow, Havre. Blackfoot, Teton, Poplar, Wag
ner, Concord ancl Atlanta, Montana, and Sand Point, Idaho.
These coaling stations are operated by engines which, in
a number of cases, also operate the water supply plant. At
each station it was necessary to re-arrange existing tracks
and lay special tracks for the coaling stations.
The improvement in the water supply is being continued.
Power pumping plants were put in at Ada, Ground House
and Fergus Falls, Minnesota: Minot, North Dakota, and
Glasgow, Montana, at all of which stations the water tanks
were renewed and improved.
A new freight yard is in process of construction at St.
Anthony Park, midway between St. Paul and Minneapolis,
that will give approximately 64,215 feet of additional track
room, or space for about 1,500 cars, and which will allow
business of St. Paul Minneapolis & Minnesota Transfer to be
centralized at one point, from which it can be conveniently
handled to and from the points named by transfer engines.
Nearly sixteen acres of ground were purchased for this
yard this year in addition to the 7'38 acres purcha-ed last
year. To permit the construction of this yard, it has been
necessary to rebuild 6,750 lineal feet of four-track main line,
or 27,000 lineal feet of main track.
Additional passing tracks have been built or old tracks
have been lengthened at Doran, Campbell, Herman, Don
nelly, Kerkhoven, Benson, Clontarf, Breckenridge, Clara
City and Cottonwood, Minnesota; Reynolds, Ojata, Arvilla,
Church’s Ferry, Leeds, Towner, Bartlett, Grand Harbor,
Galchutt, Hunter, Hatton, Mayville and Omernee, North
Dakota; Teton, Durham, Lucerne, Bear Creek, Athens and
Columbia Falls, Montana, and Madison and Everett, Wash.
Much of this kind of work is in progress at this writing.
The company’s standard passing track on lines east of the
Rocky Mountains is 3,000 feet long. Additional tracks for
local industries have also been laid during the year, the
total net increase in sidetrack mileage being 19'55 miles.
Re-laying of the main tracks with 75-pound steel rails is
being continued, the following having been re-laid within
the year: In place of 68-pound rail from Leeds, North Da
kota, west five miles, in place of 60-pound rail from two
miles east of DesLacs to Williston, North Dakota, of which
68'8 miles has been completed; in place of 56-pound rail
from Carman to Fosston, Minnesota, 44 miles; from Minot,
North Dakota, west 5'4 miles. The 60 and 56-pound rails re
moved have been u«ed to replace lighter iron and steel rails
on branch lines and in construction of passing, yard and
industry tracks.
E a s t e r n R a il w a y o f M in n e s o t a .

The widening and bringing to grade of embankments dur "
Some changes were made in other equipment.
ing the year from West Superior to Sandstone, 60 miles, lia3
The equipment with air brakes and automatio couplers of been completed. Re laying the track between West Su*
freight cars has been actively carried forward, so that perior and Nickerson is now in progress, where the line is
about eighty per cent of the cars belonging to the System also receiving a full depth of ballast.

798

THE CHRONICLE.

Increased business has made necessary the building of ad
ditional yards at West Superior and Saunders.
An interlocking plant has been put in at South Superior,
protecting the crossings over the Northern Pacific Railway
Company’s tracks.
There have been built at West Superior during the year a
34-stall round house, machine shop 150x175, car shop 90x385,
engine and boiler house 49x75, oil house 20x47, and store
house 4"xH0, all of brick. Also a 20-pooket coaling station
and an additional water tank. The new shops have been
equipped with the best modern machinery and the neces
sary shop yard tracks laid. The capacity of the new shops
is the general repairing of one hundred locomotives per
annum, besides car work.
During the winter the warehouses on the West Superior
merchandise dock were removed, the dock extended about
1,500 feet and the old dock rebuilt. Upon this new founda
tion there has been built a two-story ironclad warehouse,
125x1540. Tracks from the yard run into both stories of
this warehouse.
The new building was completed by the opening of navi
gation this spring. Cargo to or from three to four lake
steamers can now be handled at the same time.
Numerous additional tracks for local industries have been
built, the net increase in side track mileage during the year,
includingthenewyards above mentioned,but notthe sidings
on the Duluth Superior & Western Railway, being 8 36 miles.

[V ol.

L i VII.

The widening and raising of embankments and the reduc
tion of grades, followed by thorough ballasting, w is during
the year completed on over 403 miles of Great Northern
track. This work is being continued with a heavier force
than ever before : that now under, way will fully equal the
amount done last year
To avoid delay and expense from snow blockades, the
Company has graded out practically all the snow cuts be
tween the Red River Valley and the Rocky Mountains. A
large amount of work is being done during the present,
season between Salmon River and Index. The location of
the line on the Skykomisli River and between Jennings and
Fisher River has been changed for an aggregate of about
6l< miles. In order to secure the line against trouble from
high water in mountain streams, miles of heavy m js onry
slope walls have been laid to protect the embankmems'c
To secure a maximum grade of four-tenths of 1 per ent
between the Red River Valley and Lake Superior, a out
12J^ miles of the line between Burwell and Dugdale, o nthe
Fosston branch, have been changed and rebuilt, redu mg
both grades and curvature and bringing this portion o f the
old line to the standard of the Northern Division o f the
Eastern Railway of Minnesota.
The location of about nine miles of line west of Minot, at
Gassman Coulee, is being changed, reducing both the grade
and curvature. This work is quite heavy and will require dur
ing the season the removal of 500,’ 00 cubic yards of earth.
The Gassman Coulee wooden trestle, 1,600 long and 115 feet
M o n t a h a C e n t r a l B a il w a y .
A new line, the Cottonwood Branch, has been built from high, is now being replaced with a strong steel structure.
V O L U M E O F T R A F F IC A N D R A T E S .
Lewis Junction, a point on the Sand Coulee Branch, about
During the year the amount of wheat carried east-bound
five miles west of Sand Coulee, to Stockett, 4'95 miles, to
reach the mines of the Cottonwood Coal Company, which increased about 4,000,000 bushels, or 120.000 tons, as com
pared with the previous year. The amount of wheat car
this Company has been developing.
Section houses have been built at Mountain Junction, ried from Eastern Washington to Puget Sound increased, as
Lewis Junction and Wayne ; a 10-pocket coaling station compared with the previous year, about 856.000 bushels, or
built at Wolf Creek ; the coaling station at Clancy remod 25,700 tons. Taking the entire wheat business, there was
eled and enlarged and the turn-table at that station replaced an increase in the tonnage moved of 145,700 tons, while the
increase in the total revenue tonnage hauled was 617,709
with a 66 foot steel table.
Power pumping plants have been put in to operate the tons. There was, therefore, an increase during the year in
water supply at Ulm and Allen, and similar changes are tonnage hauled other than wheat of 472,000 tons. *While
now being made at other stations on the road.
there has been an increase in business over the entire line,
Passing tricks have been laid at Moxon and Wilder, and due to improved business conditions, the larger portion of
numerous tracks laid for local industries. Several such this increase comes from the more recently built Western
tracks that had become unnecessary were removed. The lines, as is apparent from the fact that while the tons hauled
increased 617,700 tons, or S'267 per cent, the tonnage hauled
net increase in side track mileage being 1-05 miles.
Embankments have been widened and additional ballast one mile increased 280,733,169 tons, or 16'94 per cent.
The average rate received per ton per mile has been re
placed where necessary on the main line and branches.
Twenty and one-half miles of right-of-way fencing have duced more than two and one-half per cent, equivalent to a
been built from Great Falls south, and more work of this reduction in revenue of $465,100. On account of the com
pletion of the new line between Fosston and Duluth and the
kind is now under way.
consequent decrease in distance between the wheat fields
G EN ERA L W OEK.
Right-of-way fencing on all lines has been actively fol and the head of the lakes, heavy reduetions have been
lowed, 247 miles of fence having been built on the Montana made in wheat rates since the close of the year, and a still
and Kalispell Divisions alone, and work is still in progress. further decrease in the average revenue per ton per mile
The Company has continued the policy, as heretofore, of may be looked for in the next annual report. It is estimated
keeping its railway and equipment in the highest state of that this reduction in rates will amount to about $1,0 0,009
efficiency, as will appear by reference to the chief items of during the coming year.
The earnings from passenger trains show an increase dur
expenditure for additions, replacements, improvements and
reconstruction, as shown in this report. Only such amounts ing the year of twenty-seven per cent, or $897,662 56. Soma
as were paid for actual additions to the property have been of this is due to the Alaska gold excitement and to the heavy
charged to “Additions and Improvements.” All replace travel to the Pacific Coast, encouraged by the extremely low
ments and renewals have been charged to operating expenses. rates in effect during the last half of the fiscal year.
The average revenue received per passenger mile has de
The practice of replacing all necessary bridges and trestles
with steel, making permanent waterways ana tilling or re creased from 2'591 cents to 2'222 cents, about fourteen and
placing wooden structures with solid embankments where- one-quarter per cent, equivalent to a reduction in revenue
ever possible, has been followed, the record for year being; of about $550,900,
The table on page 801 shows the results of both tl e value
L e n g th o f S te e l B rid sre s B u ilt—
F eet.
of the permanent work that has been done and the im
u r e a t N o r th e r n R y .........................................................
§89
proved transportation methods employed. There has been
M o n ta n a C e n t r a l R y ........................................................................... 1 ,2 0 2
W illtu a r A S io u x F a lls K y ................................................................
96
an increase of but 1'81 per cent in freight train mileage, a
decrease of nearly one-half of one per cent in the mileage
T o t a l ..................
2 ,1 8 7
of empty freight cars, with an increase of 12'45 per cent m
L in e a l f e e t o f B rid g e s F ille d —
loaded freight car mileage, and an increase of nearly sev
G r o a t N o r th e r n R y ..................................
4 ,4 3 2
E a s te r n R a ilw a y o f M i n n e s o t a .................................................... 4 ,1 9 5
enteen per cent in tons one mile.
M o n ta n a C e a tr s l R y ........................................................................... 7 ,9 6 4
The result is an increase of over 35 tons (12'5192 per cent)
W il.m a r A S io u x F a lls R y ................................................................
640
in the tons hauled per freight train mile, bringing the aver
T o t a l . . . , .............................................................
1 7 ,2 3 1
age to over 316 tons of revenue freight hauled in each train.
A careful examination of the statements in this report
To provide the necessary waterways in place of bridges
filled as above, there were put in 89 iron pipe culverts, 7 confirms the views expressed in our report of last year as to
stone arch culverts, 4 brick arch culverts, 17 stone culverts the gradual and permanent reduction in the rates paid by
with steel I beams, and 6 box culverts. Other culverts were the public, and this necessitates the greatest economy in
built in place of bridges that had not been filled at the close the operation of the railway. Your Board of Directors con
fidently expects that the permanent character of the im
of the year.
So much work of this nature has been done in previous provements made and the better methods used in operation,
years that the amount to be done each year is fast decreas together with the development of the new country served
mg. It will be noted that the amount done this year was by the Company’s lines and the consequent increase of
traffic, will enable the Company to continue the gradual re
considerably less than the year before.
The value of this permanent work is beginning to be re duction in rates of transportation which has characterized
flected in the accounts. The saving in cost of maintenance its policy from the beginning. The country along the Com
on account of the permanent work done in previous years pany’s lines is on the whole prosperous, and the increase of
has resulted in a decrease in the cost of Maintenance of new settlers will tend to advance the general prosperity.
In view of the important and extensive improvements of
Road and Structures this year as compared with last. Very
heavy permanent work on the roadbed and track is now in the permanent way now about to be finished, the Board of
progress, and it is hoped by the close of the season of 18 '9 Directors have made this report cover these matters more
the entire line from St. Paul and Lake Superior to the Pa in detail than has been their custom in former reports.
The Board respectfully calls the attention of the share
cific l oa*twill be so thoroughly improved and all structures
made permanent that the cost of operation will be ma holders to the report of the Comptroller, with the custom
ary balance sheet and statistical tables, and the report of
terially lower than heretofore.
A number of grain loading platforms have been put in at the Land Commissioner.
JAMES J. HILL,
stations on the Northern and Dakota Divisions, and the cost
President.
charged to operating expenses.

O c to ber 15

THE CHRONICLE.

<898.1

COMPTROLLER’S REPORT.
J fr. J A M E S J . S I L L , P r e s id e n t:
D e a r S i r : Herewith I beg

to submit statements showing
results of operation of the Great Northern Railway Company
and its proprietary companies for the fiscal year ending
June 30th, 1898.
These statements are made in exactly the same form, and
on the same basis, as those submitted with last year’s report.
The statements on the pages next following, 22 and 29,
show the Earnings. Operating Expenses, Taxes, etc., of the
Radway Sy*t m. The statement on page 24 shows the divi
sions of those amounts between the several railways. On
pages 25 and '-6, are given the Revenue and Income Ac
counts of the Great Northern Railway Company.
G R O S S E A R N ., O P E R . E X P E N S E S , T A X E S AND N E T E A R N S O F
T H E R A IL W A Y SY ST E M , A N D P E R M IL E O F R O A D O P E R A T E D .
GROSS EARNINGS.
•
1897.
P er cent
P e r cent
18 9 8 .
79-97 3 5 #18 0 5 6 ,0 4 6 «8
14 "666'
3 ,3 1 1 ,'8 0 58
1*93*1
4 4 8 ,8 5 6 73
2 0 *25 H 41
-913 =>
2-4582
5 5 5 ,0 0 3 59
$ 2 ,5 7 7 .5 4 4 19

..........P a s s e n g e r ............
................M a il..................
.......... E x p r e s s ............
___M is c e lla n e o u s ___

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

90 81-5048
17 13-0022
08 2 2 j i 9
16
•9259
26 2-3152

The results of operating the line purchased from the
Duluth Superior & Western Ry. Co. for eight days in .Tune
are included in the proper tables, the Eastern Railway Com
pany of Minnesota having acquired possession of the line on
June 23d. 1898.
The Balance Sheet given this year shows, the same as last
year’s, the financial condition of the Ha Iway System. The
finances of the companies that are omitted, that is, the
Northern Steamship Company, Sand Coulee Coal Company
and Great Northern Express Company are kept separate
and distinct from those of the railway system.
R.

S U M M A R Y O F E A R N IN G S A N D E X P E N S E S .
1898.

$ 1 0 ,854.705 ‘ 3

$ 8 ,7 3 1 ,1 8 9 17
6 0 2 ,6 4 8 69

$ 1 1 ,0 2 1 ,8 9 7 28 ............. In c o m e fro m O p e r a t i o n ................ $ * ,1 3 1 ,5 1 0 19

50 49-4574
53 12 0 0 9 6
39 29-2780
98 9-2 5 5 0

T o t a l_______ $ 1 0 ." 0 1 ,8 7 1 40

O p e r a tin g E x p e n s e s , p e r c e n t o f G ro s s
........................... E a r n i n g s ..............................

55 0 6

O p e ra tin g E x p a n s e s a n d T a x e s , p e r
51-18 ............O rn t of G ro ss E a r n i n g s ................

58-16

$ 5 ,0 5 5 43 G ro s s T raffic E a r n ’g s p s r m ile of R o ad
2 ,4 3 0 52 .O p e r a tin g E x p e n s e s p e r m ile of R o a d .

$ 4 ,4 0 2 5 2
2 ,4 2 4 11

$ 2 ,6 2 4 91

N e t E a r n i " g s p e r m ile o f R o a d ___

$ 1 ,9 7 8 11

4 ,4 6 6 0 0 A v e ra g e m ile s o f R o ad u n d e r O p e ra tio n

4 ,4 1 1 7 6

Per cen t

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

................... G ro s s E a r n i n g s ........................ $ 1 9 ,4 6 . 0 '0 57
1 0 ,7 0 1 ,8 7 1 4 0

$ 1 1 ,7 2 2 ,8 3 8 56 .........................N e t E a r n i n g s .........................
7 0 0 ,9 4 1 28

48-08
1897

1£98.

9-64 8 0

18 9 7 .

$ 2 2 ,5 7 7 ,5 4 4 19
10 ,8 5 4 ,7 0 5 63

..............T o t a l.................$ 1 0 ,4 3 6 ,0 6 0 57

$ 5 ,4 1 9 ,1 3 7 42 C o n d ^ c t’g T r a n s p o r ’n
1 ,1 8 1 ,8 2 0 * 4 M a in ta u o e o f E q u ip ’t
< M a iu t’n c e o f R o ad >
( .a n i S tr u c tu r e s .. >
1 ,0 4 7 .2 6 1 44 ..G e n e r a l E x p e n s e s ..

4 9 -9 2 1 3
1 3 -6 H I

I . F a r r in g t o n .

Cempt roller.

OPERATING RXPEN8E8.
P ercent

799

S T A T E M E N T S H O W IN G T H E R E V E N U E FO R T H E Y E A R E N D IN G J U < E 30 , 189*, O F T H E G R E A T N O R T H E R N R A IL W A Y
C O M PA N Y A N D A L L P R O P R IE T A R Y C O M P A N IE S .
C o m p a n ie s .

G ro ss
E a r n in g s .

G re a t N o r th e r n R y . (L in e - le a s e d fro m S t. P . M
A M . R y ) .................................... ......................................... $ 1 7 ,6 3 9 ,7 7 0
R a il w a y s .
E a s te r n R a ilw a y o f M in n e s o ta ....................................
2 ,0 1 8 .0 3 1
2 ,1 2 6 ,3 4 2
M o n ta n a C e n tra l R a ilw a y ..............................................
W illm a r i t S io u x F a lla R ail w a v ...................................
74 0 , leO
5 3 ,2 3 9
D u lu th W a te r to w n & P a c iflc R a ilw a y ......................

O p e r a tin g
E xp en ses.

In c o m e fr o m
O p e r a tio n .

T a xes.

M is c e U a n e o r is
In c o m e
R e c e iv e d .

T o ta l.

1
07
=0
49
27
86

$ 3 ,3 1 6 ,2 1 9 80
1 ,0 9 5 ,4 0 2
1 ,1 5 0 ,9 1 2
2 6 0 ,4 5 7
3 1 ,6 8 3

T o ta l R a ilw a y S y s te m P r o p e r ............................. $ 2 2 ,5 7 7 ,5 4 1 1 9 $ 1 0 ,8 5 4 ,7 0 5
O t h e r C o m p a n ie s .
2 2 7 ,1 2 0 3 7
1 2 ,1 9 6
M in n e a p o lis U n io n R a ilw a y ..........................................
6 6 ,1 8 9 25
2 7 ,6 1 6
M in n e a p o lis W e*t R y ( f o r y e a i e n d ’g D e c .3 1 ,’97)
3 6 ,1 6 1 0 5
2 2 ,6 0 4
D u lu th T e rm in a l R a ilw a y ..............................................
8 1 ..9 4 1 18
7 8 9 ,9 7 7
N o r th ’n S te a m s h ip Co. (Tor y e a r e n d ’g D e c.31 ,’97)
5 4 3 ,2 1 5 52
4 -3 ,0 0 9
G r e a t N o rth e rn E x p r e s s C o m p a n y ............................
7 5 5 ,3 8 6 8 9
59 8 ,9 4 5
S a n d C o u lee C o al C o m p a n y ......... .................................

41*
41
67
34
63
05
10
05
20
57
16

T o ta l fo r S y s te m ............... .......................................... $ 2 5 ,0 2 1 ,1 9 1 25 $ 1 2 ,7 5 9 ,1 1 4 0 6

$ 5 8 6 ,3 8 4 15
5 7 ,2 5 1
3 » ,3 2 4
1 9 ,8 9 4
6 ,0 8 6

60
89
14
50

$ 8 ,7 3 7 ,1 6 6 12

$ 7 0 0 ,9 4 1 28 $ 1 1 ,0 2 1 ,8 9 7 28
2 ,6 1 1 2 2
1 ,3 2 7 S3
3 13H 38
1 ,5 8 2 05

$ 1 ,3 5 0 ,4 6 5 86 $ 1 0 ,0 9 3 ,6 3 1 98
12 1 ,0 8 1
1 1 ,9 9 0
694
124

8 6 5 ,3 7 7 49
9 4 4 ,0 7 5
4 9 ,8 0 8 4 6
1 5 ,4 7 0 02

1 8 2 ,3 1 3
3 ,5 4 5
1 3 ,5« 0
2 1,966
1 1 7 .0 9 9
1 5 4 ,8 5 9

30
88
24
00

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

79
07
70
02

$ 1 ,4 9 0 ,3 5 6 28 $ 1 2 ,5 1 2 ,2 5 3 56

10
22
00
98
39
68

19 5 4
8 ,6 1 3 81

2 4 ,6 9 6 0 5

1 8 2 ,3 3 2
4 6 ,1 9
1 3 ,5 0 0
2 1 , 66
1 1 7 ,0 9 9
1 7 9 ,5 5 5

61
03
00
98
39
73

$ 7 0 9 ,5 9 8 54 $ 1 1 ,3 5 2 ,1 8 1 651 $ 1 ,5 2 3 ,7 1 5 6* $ 1 3 ,0 7 5 ,8 9 7 33

E xpla natory No t e .
T h e s u r p lu s e a r n iu g s o f t h e D u lu th W a te r to w n & P a c ific R y Co. a n d th e N o rth e rn S te a m s h ip C o m p a n y a b o v e s h o w n h a v e b e e n a p p lie d t o t h e
r e p a y m e n t o f th e a d v a m ^ s m a d e b y th e G r e a t N o rth e rn R a ilw a y o u a o c o u n t of d e fic its in p re v io u s y e a rs .
D i v id e n d s .—Ou t o f th e N e t In c o m e fo r th e y e a r o f th e C o m p a n ie s n a m e d th e fo llo w in g d iv id e n d s h a v e b e e n d e c la r e d :
E a s te r n R y . Co. o f M in n e s o ta ...................................................................................................................................... $ 5 0 0 ,0 0 0 00
M o n ta n a C e n tra l R v. Co
............................................- ............................................................................................
3 0 0 ,0 0 0 0 0
W illrn a r & S io u x F a lls R y . Co ..................................................................................................................................
1 5 0 ,0 0 0 00
M in n e a p o lis U nio n R y . C o ............................ - .................... ....... ........................................ .......................................
25 0 0 0 t o
S a n d C o u lee C o al C o........................................................................................................................................................
1 5 0 ,0 0 0 0 0
T o t a l.................................................................. ................................................................................................$ 1 ,1 2 5 ,0 0 0 0 0
w h ic h a m o u n t is n o t in o lu d e d in th e “ M isc e lla n e o u s in c o m e ” o f th e G re a t N o r th e r n R y . a s g iv e n b y th e a b o v e ta b le , b u t is a d d e d to t h a t
“ M isc e lla n e o u s in c o m e ” in th e In c o m e A o c o u n t below .
D u l u t h Te r m in a l R y . C o —T h is C o m p a n y is th e o w n e r o f th e r a ilw a y s u s e d b y th e E a s te r n Ry. of M in n e s o ta to s e c u re e n tr a n c e in to D u ln th
a n d o f e x te n s iv e y a rd s I n D u lu th . I ts s to c k a n d b o n d s a re a ll o w n e d b y th e E a s te rn R y U n d e r th e fr a n c h is e o f th e D u lu ih T e rm in a l R y.
i t s e a r n in g s d e riv e d fro m tr a c k a g e a re lim ite d to s ix p e r c e n t o n its sto o k a n d b o n d s, t h e i c t e r e s t a n d d iv id e n d s p a id , a m o u n tin g to $ 1 3 ,5 0 0 0 0 . a r e n o t in o lu d e d in th e “ M isc e lla n e o u s Iu o o ra e ” o f th e E a s te r n R a ilw a y a s a b o v e sh o w n .
G r e a t N o r . h e r n E x p r e s s C o —TI i - a m o u n t u n d e r “ O p e ra tin g E x p e n s e s ” in o lu d e s th « a m o u n t p a id R a tlw a y C o m p a n ie s fo r t r a n s p o r ta tio n .
S a n d i j o U l R e C o a l C o . —In c lu d e d in th e a m o u n t s h o w n u n d e r “ O p e ra tin g E x p e n s e s ” in a d d itio n to th e c o a t of m in in g a n d m a r k e tin g o o a l,
is a c h a rg e o f te n c e n ts p e r to n to p ro v id e a S in k in g F u n d a g a i n s t th e u ltim a te e x h a u s tio n o f th e p ro p e r ty . A p o r tio n o f th e r e n t a l re o e iv e d
fro m b u ild in g s is lik e w is e s e t a s id e fo r th e ir r e p la c e m e n t. T h e se S in k in g F u n d s n o w a m o u n t to $300,2*12 16.
R E V E N U E A C C O U N T G R E A T N O R T H E R N R A IL W A Y CO.
E a r n in g s f r o m O p e r a t io n o f S t . P. M. A M. R y .s ’ L e a s e d L i n e s .
f o r y e a r e n d in g j u n e 3 0 , 1 8 9 8 .
E a r n in g s —
F r e i g h t ............. ............................................$ 1 3 ,7 7 1 ,8 3 1 71
P a s s e n g e r ........ ..................................................
2 ,7 8 5 / 0 1 5 9
M ail ............... ............................................
1 0 3 ,6 2 3 16
E x p r e s s ........... ..................................................
1 7 9 ,0 * 5 7 3
M isc e lla n e o u s ...................................................
1 9 6 ,6 1 7 8 5
G ro s s E a r n i n g s ........................................
$ 1 7 ,6 3 9 ,7 7 0 07
O p e r a t in g E x p e n s e s —
C o n d u c tin g T r a n s p o r ta tio n ................... $ 1 ,0 9 1 ,2 9 2 16
M a in te n a n c e o f E q u ip m e n t
___
1 ,1 5 6 .3 3 1 6 1
M a in te n a n c e o f R >ad a n d S tr u c t u r e s 2 ,2 2 2 .8 1 8 01
G e n e ra l E x p e n s e s ......................................
8 1 2 ,7 7 7 96
T o ta l O p e ra tin g E x p e n s e s ................. $ 8,3 1 6 ,2 1 9 80

T a x e s ............................................................................

5 8 6 ,3 8 1 1 5

In c o m e fro m O p e r a t i o n .. . .......... ..
F r o m w h ic h h a v e b e e n p a id —

R entals—

T o S t. P . M. & M. R y Co.:

G u a ra n te e d in t e r e s t o n S t. P . M. & M.
R y. B o n d s. P aid a u d A o orued ........ $ 3 ,1 9 9 ,9 1 0 12
G u a ra n te e d D ivid'd.- o f 6 p. o. o n C a p 
ita l S to c k o f S t P. M. A M. Rv. C o ... 1 ,2 0 0 ,0 0 0 0 0
I n t e r e s t o n G re a t N o rth e rn R y . C o l
la te al T r u s t B onds, s e c u re d by S t.
P. M. A M. Ry Pacific E x te n . R o n d s
6 0 0 .0 0 0 Oo
M a in t o f O rg .o f S t. P . M. A M R y . Co
6 ,7 7 3 15
O th e r R - u t u l s .................................................
P 0 .1 5 0 0 0
T o ta l

8 / 0 2 , 6 0 ? 95
$ 8 ,7 3 7 ,1 6 6 12

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

9 S ,737,iOt> 1 3

A m o u n t B r o u g h t F o r w a r d ..........................
$y,J9d,3by*7
A m ount tra n s fe rre d to —
F u n d fo r P e r m a n e n t I m p r o v e m e n ts
a n d R e n e w a ls ................................................ $ 1 ,5 0 0 ,0 0 0 0 0
F u n d lo r C o n s tru c tio n o f C a s c a d e T u n 
nel, e to .............................................................
7 5 0 ,0 0 0 00

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

B a la n c e tr a n s f e r r e d to In o o m e A c o o u n t

$ 1 ,0 9 0 ,3 0 2 85

IN O O M E A C O O U N T G R E A T N O R T H E R N R A IL W A Y CO.
YEAR END NG JU N E 30, 1 8 9 8 .
$ 1 ,0 9 0 ,3 0 2 8 5
B a la n c e T r a n s f e r r e d fro m R e v e n u e A c o o u n t
Ot h e r I n c o m b :
I n te r e s t o n b o n d s o w n e d .............................. $ 6 9 ,4 1 # 50
D iv id e n d s o n S to c k s O w n e d ....................... 1, ■259,357 0 0
R e n ta l o f L in es L e a se d ................................. 1 6 4 ,U 6 13
1 5 ,9 1 8 u l
B ills R e c e iv a b le (L a n d N o te s )...................
G e n e ra l I n t e r e s t .............................................. 1 6 4 ,3 5 • 17
6 8 ,0 5 6 80
R e n ta l of E q u ip m e n t a n d O a r S e rv io e ..
P r o fits o n T r e a s u r y S e c u ritie s so ld
d u rin g th e y e a r .......................
.............. 1 1 9 ,8 1 4 5 0
Inoom e fro m O th e r S o u rc e s —g ro u n d
2 ,1 8 1 .4 6 5 8 6
r e n ts , m is c e lla n e o u s ite m s , e t o ............. 33 0 ,0 9 1 55
T o ta l In c o m e
F ro m w hich h a v e b e en p a id D iv id e n d s a s fo llo w s:
A u g u s t 2 ,1 8 9 7 , 1 p e r o e n t....................... $ 3 7 5 ,0 0 0
N o v e m b e r I, 1 8 9 7 , Me p e r c e n t .............. 3 7 5 ,0 - 0
F e b r u a r y 2 , 1998, l ' c p e r o e n t ................. 3 7 5 .0 0 0
M ay 2, 1 8 j 8, 1 ‘a p e r o e n t............................. 3 7 5 .0 0 0
B alan o e T r a n s f e r r e d to P r o fit a u d L o s s ...

$ 3 ,5 f l ,7 6 8 7 1
00
00
00
00

1 ,5 0 0 ,0 0 0 0 0
$ 2 ,0 7 1 ,7 6 8 71

800

THE CHRONICLE

[VOL.

a

X V II

D E T A IL S O P O T H E R IN C O M E .

Dividends on Stocks owned:

Lstkukst on Bonds Owned:
T o d d C o u n ty B o n d s .................................................................
C o u n ty of P ip e s to n e B o n d s ..........................................................
T o w n o f W a d e n a B o n d s ................................................................
T o w n o f S e a d n e s a B o n d s .......... .................... .. — .......... .
T o w n o f L e a f R iv e r B o n d s ..........................................................
T o w n o f U u to liin -o n B o n d s ............................. ...........................
T o w n of B re e k e n rld g e B o n d s .......................................................
T o w n of M in n e s o ta F a lls B o n d s . . . . . ........................... ............
M in n e s o ta T r a n s f e r R y. Co B o n d s ............................................
W illm a r & S io u x F a lls R y . Co. B o u d s .....................................
B u tte A n s o o n d a & P a e ttto R y. Co. B o n d s ...............................
W en a te h e e W a t e r P o w e r C o. B o n d s ........................................
S t. r M .A M. R y. Co. C o n s o lid a te d M tg B o n d s ............. ..
S t.P . 31.A M .R y.C o. M o n tn n n E r t e n s 'u B o u d s ........... ............

$573 00
1 ,8 0 0 0 0
- 1 0 CO
>2000
12 >00
340 00
444 00
120 00
9 4 4 50
1 .0 5 0 0 0
f 0 ,0 0 0 0 0
150 0 0
8 865 00
4 ,0 8 0 0 0

Total .

S t. P a u l F o u n d ry Co. S to c k ...........................................................
G r e a t N o rth u r u R v. Co. S to c k .................................. ..................
M o n ta n a c e n t r a l R y. Co. S to c k ..................................................
M in n e a p o lis U n io n R y. Co. S o c k ..............................................
S t. P a u l U uio u D e p o t Co. S to o k ..................................................
S a n d C o u lee C oal Co. S to c k . . . ...............................................
W tlh n u r & Slcm x F a lls R y. Co S t o c k .......................................
E a s te r n Ry. Co. of M in n e s o ta S took .......................................
B u tte A n a c o n d a A P ueltlc R y Co. S to r k .............................
S t. P a u l M in n e a p o lis A- M a n ito b a R y. Co S ta c k ............
O re g o n R R , A N a v ig a tio n Co, P , e f. S to c k ............................

$ 6 9 ,4 1 8 5 0
CO ND EN SED

GENERAL

T o ta l

BALANCE

SH EET

$ 8 ,0 0 0
3 51
3 0 0 ,0 0 0
2 5 .0 0 0
2 ,8 2 5
1 5 0 ,0 0 0
1 5 0 ,0 0 0
5 0 0 ,0 0 0
2 9 ,4 0 0
336
9 5 ,6 4 2

00
OO
00
00
00
00
0000
00
00
00-

..$1,293,357 OO
JU N E

30,

1898.

JIBING A CONSOLIDATION OF THU GENERAL BALANCE SHEETS FOR THAT DATE OF THE
GreatWNatertown
orthern R v. C o ., E astern R v. Co. of Minnesota, Montana Central R v. Co.. Willmar A S io u x Falls R v. C o ., Duluth
A P acific R v. Co., Minneapolis Union R v. Co., Minneapolis Western rv . Co.and D o t, urn T erminal R v. Co.
D r.

Or.

T o C o st o f

P r o p e r tie s a n d S e c u ritie s
O w n e d b y G re a t N o r th e r n R y . C o .. $ 2 9 ,3 3 7 ,1 1 6 0 4
L e s s C a p ita l S to o k a n d B o n d s o f P r o 
p r i e t a r y C o m p a n ie s O w n e d b y G r e a t
N o r. R y. Co. a n d n o t Bliown c o n t r a . . 1 4 ,3 5 5 ,0 0 0 0 0
----------------------- $ 1 5 ,0 3 2 ,1 1 6 0 4
S t. P . M. A M. R y . Paolflo E x te n s io n
B onds In h a n d a o fT ru s te e a s S e o u rly
f o r G r e a t N o r th e r n R y . C o C o lla te r a l
1 5 ,0 1 0 ,0 0 0 0 0
T r u s t B o n d s .................................. ...............
C ost of th e fo llo w in g P r o p e r tie s c o n 
tro lle d b y t h e G r e a t N o r th e r n R y . Co.
th r o u g h o w n e rs h ip o f t h e ir e n tir e
S h a re C a p i t a l :
E a s t e r n R a ilw a y o f M in n e s o ta —R a il
w a y , E q u ip m e n t, E le v a to r s . E t c ......... $ 1 1 ,9 3 8 ,7 7 5 51
M o n ta n a C e n tr a l R y .—R a ilw a y a n d
E q u ip m e n t...................................................... 1 4 ,3 1 0 ,9 5 0 53
W illm a r tk S io u x F a lls R y .—R a ilw a y
5 ,4 2 0 ,8 9 8 75
a n d R e a l E s t a t e .........................................
D u lu h W a te r to w n A P a e lflo R y .............
2 ,2 0 5 ,1 1 8 1 6
M in n e a p o lis U n io n R y .—U n io n D e p o t,
R a ilw a y , E t e ................................................. 3 ,2 9 0 ,1 9 9 3 3
M in n e a p o lis W e s te rn R y ............................
7 4 0 ,4 8 3 3 4
$ 4 0 ,0 0 6 ,1 2 5 62
C o st o f D u lu th T e rm in a l R y ., th e E n t ir e
S h a re C a p ita l a n d B o n d s o f w h ic h a r e
o w n e d b y E a s t e r n R y . Co. o f M in n e 
s o ta , a n d n o t s h o w n c o n t r a ..................

3 3 4 ,0 4 3 12

B y C a p ita l S to o k G r e a t N o r ik 'n R y . C o ..

FUNDED DEBT IN HANDS OF PUBLIC.

G r e a t No. R.v. Co. C ol. T r u s t B ds., 4 p . o $ 1 5 ,0 0 0 ,0 0 0 00
E a s te r n R a ilw a y Co. o f M in n e s o ta ,
F i r s t D lv 'n , F i r s t M ort. B o n d s, 5 p c.
4 .7 0 0 .0 0 0 0 0
E a s t e r a R a ilw a y Co. of M in n e s o ta ,
N o n k ’n D iv 'n , F ir s t M’t, B o n d s, 4 p. c. 5 .0 0 0 .
000 00
000 00
M on C ea. R y .C o ..F ir s t M ort. B d s .,6 p. e. 6.000.
M on.C en. R y.C o., F ir s t M o rt. 8 d s ., 5 p .c. 3 ,3 0 0 0 0 0 00
W U .& S. F a ll! R y.C o., F ir s t M .B d?,5 p.c. 3 .6 4 6 .0 0 0 0 0
M in n . U n R y . C o,, F ir s t M. B ds., 6 p. o. 2 .1 5 0 .0 0 - 0 0
6 1 0 ,0 0 0 00
M inn. U n R y . C o., F ir s t M B d s., 5 p. c.
r00,000 00
M in n .W e st. R y .C o ., F ir s tM . B d s., 5 p. e.
---- 4 0 ,9 4 6 ,0 0 0 0 0

CAR TRUST OBLIGATIONS.

O a r T r u s t N o te s A ss u m e d b y E a s te r n
R y. Co. o f M in n e s o ta u p o n p u r c h a s e
o f D u lu th S u p e rio r A W e s te r n R y .—
d u e iu F e b r u a r y a n d A u g u s t i n e ao h
y e a r u n til F e b r u a r y 1 ,1 9 0 6 ................

2 3 4 ,9 8 9 92

CURRENT LIABILITIES.

A u d ite d V o u c h e rs U n p a id .........................
U n p iid P a y - R o lls ..........................................
U n p a id C o u p o n s, in c lu d in g th o s e d u e
J u ly 1 ,1 8 9 8 . . . ..........................................
U n p a id D iva. o n S t P. M. & M. R y . S to c k
U n p a id D iv id e n d s o n G. N. R y, S to c k ..
D u e to O th e r C o m p a n ie s & I n d iv id ’s . .

$ 9 2 2 ,9 2 6 73
9 3 0 ,7 0 4 18
1 ,6 0 1 ,8 2 5 3 6
133 00
5 1 3 00
2 0 0 ,9 1 5 8 6

DEFERS SD LIABILITIES.

4 1 ,2 4 0 ,4 6 8 7 4
C o s t of A d d itio n s a n d Im p r o v e m e n ts
m a d e b y t h e G r e a t N o r th e r n R y Co.
to P m p e r ty le a s e d fr o m S t. P. M, A M .
R y . Co., a n d p a id f o r fr o m “ F u n d
f o r P e r m a n e n t I m p r o v e m e n ts a n d
R e n e w a ls ” ......................................................
S to c k s a n d B o n d s o f f i e E a s te r n R y .
Co. of M in n e s o ta in a d d itio n t o th o s e
o f D u lu th T e rm in a l R y . C o ....................

A c c ru e d T a x e s , n o t d u e ..............................
B o n d I n t e r e s t A o o ru e d . n o t d u e ..............
R e n ta l of S t. P. M. A M. Ry, A c c ru e d ,
n o t d u e ................................................ - .........

$ 3 5 7 ,0 4 8 07
3 2 5 ,6 9 1 6 6
4 0 3 ,1 1 6 67

1 4 2 ,6 9 5 7 8

C o st o f A d d itio n s a n d I m p r o v e m e n ts
m a d e b y G r e a t N o r th e r n R v . Co. to
P r o p e r ty le a s e d fro m 8 t. P , M . A M.
R y . Co. a n d p a id f o r fr o m " F u o d f o r
P e r m a n e n t I m p r o ’t s a n d R e n e w a ls " $ 1 ,4 8 9 ,5 3 3 06
U n e x p e n d e d B a ia n o e o f F u n d fo r P e r 
m a n e n t Im p r o v e m e n ts & R e n e w a ls . 1 ,7 3 3 ,6 3 1 7 3
F u n d lo r R e p la c e m e n t o f E q u i p m e n t..
3 4 3 ,7 8 5 35
T o ta l A m o u n t d e d u c te d fro m lo e o r n e .
to p ro v id e fo r f u tu r e Im p r o v e m e n ts
a n a R e n e w a ls .............................................. $ 3 ,5 6 9 ,9 5 0 1 4
I n s u r a n c e F u n d ..............................................
3 2 1 ,2 5 5 81
S u r p lu s F u n d s of S a n d C o u le e C o al Co.
a n d G re a t N o r th e r n E x p r e s s Co. d e
p o s ite d w ith G. N . Ry. C o .......................
9 3 2 ,8 9 3 83
----------------------B a la n c e —P ro fit a n d l o s s ...........................

00
00
00
00
00
00
54

O u ts ta n d in g
J u l y 1, 1898.

8 t . P. M. & M . R y .—
$
1 ,0 0 0
1 s t M o rt. (c a lle d ) 7 p . o.
8 ,0 0 .-,0 0 0
2 d M o rt. »> p . o
..........
5 ,6 7 6 ,0 0 0
D a k o ta E x t e n . 6 p . c . . .
Congo). M o rt. 6 p. c .. .- . 1 3 .3 4 4 .0 0 0
2
2 .2 5 0 .0 0 0
C o n so l M o rt. 4*2 p. o ...
7 ,0 0 7 ,u 0
M o n ta n a E x te n . 4 p . c.
P a c itlc E x t e n . 4 p. e .- .- * 1 4 ,5 4 5 ,4 4
T o ta l s h o w n o n p. 799

00
00
00
00
0 »
00
51

A .nn'1 O h 'g e s
P a i d 18 0 7 -8 .

$
i8 0 ,0 0 u
3 1 0 ,5 6 0
8 0 0 ,6 4 0
980, 641
3 1 6 ,2 8 0
5 8 1 ,8 1 8

00
00
09
94
00
IS

3 ,4 9 9 ,9 4 0 12

5 0 0 .0 0 0 0 0

G r e a t N o r t h e r n R v .—
C o lla te r a l T r u s t 4 p . o. 1 5 .0 0 0 ,
' 0 0 006 0 0 .0 0 0 OO
E a s t e r n R y . o f M in n .—
4 ,7 0 0 ,0 0 0 0 0 2 3 5 .0 0 0 00
1 s t D lv. 1 s t M o rt. 5 p , o.
000 00
N o rth . D lv . 1 s t M. -I p c. 1 5 .0 0 0 .
Montana C e n t r a l R r . 6 ,0 0 0 ,0 0 0 0 0 3 3 0 .0 0 0 0 0
1s t M o ri, 6 p c ................
1 5 0 .0 0 0 00
3 ,3 0 0 0 0 0 0 0
1 s t M o rt. 5 p c ..............
W il l m a r & 8. F a l l s R y
3 ,6 4 6 ,0 9 0 0 0 1 8 2 ,3 0 0 0 9
1 s t M o rt. 5 p . o ...... .........
M in k k a p o u b U n io n R y .
1 s t M o rt. 6 p . c ___ _
2,1 5 D ,0 0 0 0 0 1 2 9 .0 0 0 00
l e t M o rt. 5 ji . o ........ . . .
6 5 0 .0 0 00
3 2 ,5 0 0 00
M I N Ni APOLIS WE8T. K Y .
2 -\0 < ‘0 0 0
5 0 0 .0 0 0 0 0

1 0 6 ,1 4 1 ,8 5 4 54

1 1 2 ,6 6 9 .4 5 4 51 5 ,2 1 3 7 4 9 12

1 5 ,0 0 0 ,0 0 0 0 0
4 .7 0 0 .0 0 0 0 0
e ,o o o ,n o o oo
2 .7 0 0 .0 0 0 0 0
3 .6 4 6 .0 0 0 0 0
2 .1 5 0 .0 0 0 0
6 5 0 .0 0 0 00

St o c k .
S t. P . M. A M. IlY —
6 p. c. G u a r a n te e d .........
2 0 ,0 0 0 ,0 0 0 0 0

1 2 6 ,1 4 1 ,8 5 4 54 ..........T o t a l ................ ............ 1 3 2 ,6 6 9 .4 5 4 54 14 ,4 1 5 ,7 4 0 12
2 5 ,0 0 0 ,0 0 0 00 G r e a t N o rth e rn R y . C o ...

M ile aim of M ain T r a c k in s y s te m , in c lu d in g se c o n d ,
th ir d , f o u r th , fifth a n d s ix th tr a c k s , a s s h o w n
b e lo w ................. - .....................................................................

L ess
Mileage of—
P aolflo C o a s t L i n e s ..............................................................1 5 9 -1 0

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

4 ,7 4 7 '6 9

D u lu th W a te r to w n A P ao ifto R y ., b o n d s o n w h ic h
a re all o w n e d b y th e G reat. N o r th e r u R y. C o..
6 9 -8 4
D u lu th T e rm in a l R y ., b o n d s on w ld o h a r e all
o w n e d by th e E a s te r n Ry. Co. o f M in n e s o ta ___
1 ‘7 8
M ile a g e of M a in T r a c k s c o v e r e d b y b o n d s iu h a n d s
o f th e p u b lic .........................................................................

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

B o n d e d Debt, p e r m ile o f M a in T r a c k ..................... .
C a p ita l Stook, St,. P. M. A M. R y ., p e r m ile o f M a in
T r a c k (3 ,8 6 4 '7 5 M ile s )......................... ............................
I n t e r e s t C h a rg e s im d G u a r a n te e d D iv id e n d o n
S lo c k of St. P . 51. & M. R y ., p e r m ile o f R o a d
O p e r a te d ...............................................................................

$ 2 4 ,9 4 3 5 9
5 ,1 7 4 93
1 ,4 3 6 13

D oes n o t in c lu d e £ 3 ,0 0 0 ,0 0 0 S t P . M. A M, R v . P a c ific E x t e n s io n
B o n d s u n d e rly in g t h e G r e a t N o r th e r n R a ilw a y C o m p a n y ’s C o lla te r a l
T r u s t B o n d s, th e la i te r o n ly b e in g sh o w n ,
i B o n d s b e a r d a te o f A p ril, 1*98 ; n o i n te r e s t p a id to J u n e 3 0 , 18 9 8 .
T R A C K 8T A T E 5 1 E N T .

Great Noutiiekn R vilwav

and P roprietary Likes.

L i n u s L e a s e d F r o m S t . P . M. & 51. R y . C o .:

M a in T r a d e , T o ta l,
M ile s .
M ilts .

2 0 '2 5
5 6 7 -3 9 ,
567-59
634-60
6 4 2 15
714-01
3 6 0 31
307-60

T e rm in a ls D iv isio n ................................................
F V rg u s F a lls D iv is io n ..........................................
B ro o k eu ro ) t o D iv is io n ........................................
N o rth e rn D iv is io n ..................................................
D a k o ta D iv is io n ......................................................
M o n tM ia D iv is io n ..................................................
K id is p e ll D iv l- io n .................................................
C a s c a d e D iv is io n ....................................................
T o ta l F ir s t M ain

2 0 ,0 0 0 ,0 0 0 00 1,2 0 0 ,0 0 0 0 0

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

$ 7 8 ,7 4 3 .4 0 8 9 4
S T A T E M E N T O F B O N D S A N D ST O C K O U T S T A N D IN G IN T H E
H A N ' S O F T H E P U B L IC F O R W H IC H T H E G R E A T
N O R T H E R N R A IL W A Y C O M PA N Y 18 R E S P O N S I
B L E D IR E C T L Y O R U N D E R G U A R A N T E E .

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

1 ,0 8 5 ,8 5 6 4 0

CO N TIN G EN T L IA B IL IT IE S .

C a s h In S t. P a u l O fllce..................................
$ 2 6 0 ,1 6 2 09
C a s h in N e w Y o rk O flioe............................. 2 ,1 6 8 ,9 8 1 11
C a s h In L o n d o n O ffice..................................
2 9 8 ,9 3 1 2 4
D u e fro m A g e n ts ..................................
..
4 9 6 ,7 2 0 10
D u e fro m U . S. P o s t Offloe D e p a r tm ’t . .
1 1 2 ,7 2 2 11
D u e fr o m U. 8. T r a u - p o r t a t i o n ...............
2 5 ,7 1 9 5 4
A d v a n c e d C h a r g e s ..................... ...................
1 6 ,7 3 0 7 0
B ills R e c e iv a b le ..............................................
9 8 ,2 5 22
D u e fro m o th e r C o m p a n ie s a n d I n 
d iv id u a ls .............................................................
7 9 3 ,5 3 3 80
A d v a n c e s In C u r r e n t A c c o u n t to O th e r
P r o p r ie ta r y C o m p a n ie s ........
2 5 1 ,0 6 7 0 7
4 ,5 2 2 ,2 4 2 93
1 ,3 1 6 ,1 5 2 34
V a lu e of M a te ria l a n d F u e l o n h a n d . ..

B onds.

3 ,6 7 6 ,9 2 3 13

1 ,4 8 9 ,5 3 3 0 6

CURRENT ASSETS.

O u ts ta n d in g
J u l y 2, ll<97.

$ 2 5 ,0 0 0 ,0 0 0 00-

r a c k ............

S e c o n d T r a c k .....................................
T h ird T r a c k ........
..............
F o u r th , F if lh a n d S ix th T r a c k s
T o ta l M ain T ia c k s c o v e r e d , le a s e d

8 1 3 9 0 3 ,8 1 3 9 0
1fil e s .
2 8 -5 2
9 28
I S 05

5 0 -8 5
3,864-75-

O c to ber 15

IHE CHRONICLE.

lasts, j

Total
M il e s .
3>864'75

B r o u g h t F o r w a r d ............................................*.........- ...........................

S id e T r a c k s ..................................................................

523*11

T o ta l T r a c k s c o v e re d b y th e B o n d e d D e b t
of th e S t. P . M. & M. R y ., a s s h o w n b y
s ta t e m e n t o n p re c e d in g p a g e .......................
Ot h e r T r a c k s L e a s e d B y G r e a t N o r t h e r n
Ry :
O re g o n R R . & N a v . C o ., U n io n D e p o t Co. a n d
S p o k a n e & S e a tt.e R * ., i n S p o k a n e , W a sh .
E v e r e t t & M o n te C risto R y ., E v e r e tt. W a sh .

4,387*86

4*80
5*25

M ain L in e o p e r a te d by G r’t N o rth ’n R y . Co.

1005

1005

3,823*95

801

E Q U IP M E N T O F G R E A T N O R T H E R N R A IL W A Y A N D
P R O P R IE T A R Y L IN E S .
J u n e 3 0 , 1 8 9 8 , c o m p a r e d w i t h Y e a r E n d in g
J u n e, 30, 1897.
C la s s 1898.
1897.
482
4 43
L o c o m o t iv e s . . .......................................- ..............................

F or

Y e a r E n d in g

P a s s e n g e r E q u ip m e n t :
S le e p in g E a r s .......................................................................
P a r lo r C a r s .....................................
D in in g C a r s ..........................................................................
B uffet S m o k e r s ...................................................................
C o a c h e s ..........................................................
T o u r is t C a r s .........................................................................
P a s s e n g e r a n d B a g s a g e ......................
B ag g a g e , M ail a n d E x p r e s s ..........................................
B u sin e s s C a r s .......................................................................

42
3
12
8
143
24
32
98
10

42
3
12
8
1 37
8
30
87
5

S id e T r a c k M a i n T r a c k

Miles.

P r o p r ie t a r y C o m p a n ie s :

Miles.

.
.
.
.
.
.
.

65*90 172*3 3
6*00
3 57
1*78
2 6 l* 6 w
46 57
16*10 2 0 5 2 5
4*08
6-* *84
4*65
2 63
2*63
21*37 1 5 9 1 0
4*00
1 -6 9

T o ta l F i r s t M ain T ra c k , P r o p r i e t a r y L in e sJ

8 7 4 -3 1

.

T o ta l P a s s e n g e r E q u i p m e n t..........................................3 7 2

874-31

1 7 4 -8 7

174*87
4,698*26

T o t a l M iles o f R o a d in S y s te m .
T o ta l M iles o f T r a c k s , a ll k in d s , in S y s te m ..

5,447*09

3 ,8 6 4 * 7 5
8 7 4*3 1

T o t a l M ain T r a c k s S t. P ., M. & M. R y ............
F i r s t M a in T ra c k , P r o p r ie ta r y C o m p a n ie s ..
S e c o n d M am T ra c k , P r o p r ie ta r y C o m p a n ie s

T o ta l F r e ig h t a n d W o rk E q u i p m e n t.................... 1 7 ,8 5 0

8*63

T o ta l M iles o f M a in T r a c k s .......................
N o t e .—T o ta l M iles o f R o a d in S y s te m , J u n e
30, 1898, a s s h o w n a b o v e .............................
T o ta l M iles o f R o a d in S y s te m , J u n e 3 0 ,
18 9 7 , p e r r e p o r t t h a t y e a r .............................

4 ,7 4 7 69
4 ,6 9 8 26
4,559*34

I n c r e a s e in M ile a g e ......................................
T h is in c re a s e is m a d e u p a3 fo llo w s:
L a u g d o n to H a n n a h ,c o n s tr u c te d .................. 21*06
C a v a lie r to W a lh a lla , c o n s tr u c t e d ................ 16*13
C h a n g e s in lin e a t S a lm o n a n d F is h e r
R iv e r, a n d e x te n s io n s a t 8 t. C lo u d a n d
L a rim o re .............................- ................................
*36
R e m o v e d , C a rlis le to E liz a b e th ........................

37*55
3*52

E a s te r n R y. o f M in n e s o ta , L in e o f D. S.
W. R y. p u r c h a s e d ..............................
M o n ta n a C e n tra l R y ., C o tto n w o o d B ra n c h ,
c o n s tr u c te d .........................................................

138*92

34*03
99*94
4*95

In c re a s e in m ile a g e .......................................

138*92

S T A T IS T IC S O F F R E I G H T A N D P A S S E N G E R T R A F F IC ON
E N T IR E SY ST EM F O R T H E Y E A R E N D IN G J U N E 30,
1 8 9 8 , C O M P A R E D W IT H P R E V IO U S Y E A R .

1808.

B e b c r ip t io n .'

FREIGHT
TRAFFIC.
Mileage
of mixed
freight
trains...
Mileage of
trains__
Mileage of loaded freight cars.
Mileage of empty freight cars..:
Total car mileage......
To ns of freight carried.revenue
Company

1807.

In c r e a s e .
A m o u n t.

5,541.49?
685,687

5.412,650
452,001

131,344,602
36.325,887

116,801,076
36,482,660

167,670,570

153,283,742

8,080,603
1,220,417
0,310,010

7.471,894
1,169,709
8,641,093

i P .C e n t

98.838 1-81*0
132,786)20*3100
14,543,616 12 4516
D ec.
156,770 •4297

D ecrease.
In crea se.

In c.

14,386,837 9-3858
617,609 8-2670
50,61? 43271
668,317 77330

Tons
revenue freight carried 1,037.055.804 1,657,223.726 280,732.169 16-9399
oneofmile......................
$18,344,387 31 1 10,096,609 87 $2,247,877 44 13-0050
Earnings
from freight tra
Averages
. train,
Allmile.....................................
cars hauled
per freight
27*37
26 00
1*37 5-2692
Tons
revenue freight hauled
per
train..............................
316*288
12-5192
281*097
35*181
Tons
revenuecar.....................•
freight hauled
per loaded
14755
14*189
*£67 30968
$2 09
Earnings
per freight train mile
$2*73
$0*26 9*5238
D ecrease.
D ec.
C e n ts .
C e n ts .
C e n ts .
Earnings per ton per mile__
•932
*956
*024 2-5105
PASSENGER
TRAFFIC.
In c.
Mileage
of passenger
trains__j 8,351,746
3,205,238
146,508 4*5708
Passengers
carried.................
14-5006
1,716,664
217,351
1,498.310
Passengersfrom
carried
one mile__
149,041,32^
07,543.773 51,497.553 62-7941
Earnings
passenger
trains »4,21a,19s
s7 $3,314,836 71 $897,602 50 27*0801
A
verages.
Earn’gsper passeng’r t rain mi1e
$1-2568
$1*0342
$0-2226 21*5239
D ecrease.

D ec.

C e n ts .
C e n ts .
Earnings per passenger per mile
2222
•309 14*2416
2*501
TOTAL
TRAINS.
Mileageof
freight
and
passen*!
In c.
In cre a se .
ger trains...........................
< 0,478,030 9,100,708
378,132 41549
Earnings
from
freight
and
pas
Il^nger
58' $19,411,346 58 $3,145,540 00 16-2046
Earningstrains........................
per train per mile.... I122,666,886
$2 38
$2 13
$0 25 11 7371
Dec.
D ecrease.
Expenses
per
train
per
mile....!
$1 14
$0 03 $2-5641
$1 17
Net
earnings per train per mile
In c.
In crea se.
traffic.................................
29*1007
$1 2-4 ^ ^ _ $ 0 96
$0 28
-1
4

F r e ig h t E q u ip m e n t B ox C a r s ..................................................................................1 0 ,8 5 5
F u r n itu r e C a r s ...................................................................... 1,1 5 2
H a y C a r s .................................................................................
6
6
E x p r e s s F r e ig h t C a r s ........................................................
R e f rig e ra to r C a r s ................................................................
153
527
S to c k C a r s ............................................ i ...............................
F l a t a n d C o al C a r s .............................................................. 2 ,6 7 8
S a n d C a r s ...............................................................................
500
O re C a rs .............................................................................
700
B a lla s t C a r s .........................................
764
C ab o o se C a r s ........................................................................
2 46
C in d e r C a r s ............................................................................
51
B o a rd in g C a rs ........................................................................
49
D e rric k a n d T o o l C a r s .......................................................
41
Mteam S h o v e ls ......................................................................
16
L id g e rw o o d D ir t U n lo a d e r s ............................................
8
D itc h in g C a r s ........................................................................
1
P ile D riv e rs ............................................................................
7
R o ta ry S n o w P lo w s .............................................................
6
S now D o z e r s ............................................
13
F la n g e r s ...........................................
1
O th e r W ork E q u i p m e n t.....................................................
70

332
9 ,6 5 4
1 ,1 5 2
6
6
1 07
527
2,6 7 1
.............
100
764
2 27
22
47
41
12
1
1
7
6
3
1
69
1 5 ,424

State Line & Sullivan RR.—New Bonds.—The stockhold
ers will vote Dec. 8 on a proposition to increase indebtedness.
S tillw ell-B ierce
Sinith-Vnlle Co.—New Bonds.—The
company hag issued $300,010 first mortgage 6 per cent gold
bonds dne in 20 years, but redeemable after five years at 110.
The proceeds will be used to liquidate floating indebtedness
and for improvements and additions. The Union Savings
Bank & Trust Company of Cincinnati is trustee. Half of
the issue has already been placed.—V. 66, p.1190.
Tacoma Land Co.—Reorganization.—A committee consist
ing of Samuel E. Rilner, Chairman, Daniel S. Lamont, Wm.
Nelson Cromwell, John U. Brookman and William T.
Wright, announces that the reorganization agreement dated
July 29th, 1898, having been signed by a majority in interest
of the stockholders, has been declared operative. Stock
holders who wish to become parties must deposit their stock
with the Atlantic Trust Co., No. 39 William St., New York
City, on or before Nov. 1st, 1898. After Nov. 1 next, de
posits will be accepted, if at all, only upon such terms and
conditions as the committee may impose.—V. 67, p. 275,
Tennessee Coal, Iron & RR.—Alabama Steel & Ship
building. - Securities Offered.—Moore & Schley, as syndi
cate managers, offer to the shareholders of the Tennessee
Coal, Iron & RR. of record at the close of business, Oct. 17,
the right to subscribe, on any day in October after the 17th
iDSt., at the Manhattan Trust Co., Wall Street, for first
mortgage 6 per cent bonds and 6 per cent cumulative pre
ferred stock of the Alabama Steel & Shipbuilding Co., guar
anteed by the Tennessee Coal, Iron & RR. Co., upon the
basis of *1,000 in money for each block of one $1,000 bond
and $400 preferred stock. Twenty per cent of each ac
cepted subscription must be paid in cash upon the accept
ance of the subscription, and subsequent payments will be
at a rate not exceeding 10 per cent in any calendar month,
when called by advertisement. The total possible subscrip
tion ($1,100,000) is a little less than 5 per cent of the total
stock of the Tennessee Company.—Y. 67, p. 735.
The Onardian Security Trust & Deposit Co. of Balti
more.—Increase of Stock.—This company has arranged to
increase its capital stock from $400,000, to $500,000, to meet
the cost of a new bank building. The new stock, it is stated,
will be offered to stockholders at $125 per $100 share, the
issue being underwritten.
Third Avenue RR., New York.—$2,000,000 Stock Listed.—
The New York Stock Exchange has authorized that $2,000,00#
additional capital stock be added on Nov. 2, 1893, to amount
now oq the list, making a total of $12,000,000 of stock listed.
The proceeds “ are to be used for the purpose of provid
ing iunds to change the cable system to the underground
electrical system upon the Third Avenue, l t5th Street aud
Tenth Avenue lines.” The new stock was offered to stock
holders at par.
New Stock Issue—Additional Information.—We published
last week an official report to us regarding the proposed stock
issues. As shedding further light ou the company’s plans, the
following, furnished to the daily press, is given:
“ T h e c o m p a n y h a s a flo a tin g d e b t o f a b o u t $ 9 ,0 0 0 ,0 0 0 , in o u rr e d In
th e a c q u isitio n of th e D ry D ock B a s t B ro a d w a y & B a tte r y s y s te m , t h e
4 2 d S tr e e t s y s te m a n d th e U nion R a ilw a y s y ste m .
It has
a lso re c e n tly a c q u ire d th e r a ilw a y e x te n d in g fro m Y o u k » rs to M o u n t
V ern o n , a v a lu a b le p r o p e r ty , w ith o u t, h o w e v e r, In c re a s in g its d e b t.
T o m e e t th is d e b t a n d to c h a n g e th e m o tiv e p o w e r of th e ro a d s a c 
q u ire d o n th is sid e o f th e H a rle m , a s w e ll a s o n th e m a in lin e o f th e

802

THE CHRONICLE.

r o a d $ 2 .0 0 0 ,0 3 0 o f it* c a p i ta l a m o k lia s rc o o n tlv b e e n is s u e d , u i i k l a g
a oA pic.aijzation o f «he p re h e a t o o m p a o y o f $ 1 2 ,0 0 0 ,0 3 0 .
“ I t i» p ro p o s e d t h a t a c o n s o lid a tio n o f go m e o f th e a ffilia te d ootnp a n ie a w ith th e m a in c o m p a n y s h a ll ta k e p la in a n d t i n t f u r th e r 8took
s h a ll h e Isa u ad fro m tim e to tim e In s te a d o f b o n d s fo r t h e p a y m e n t o f
t h e d e b t a n d fo r th e oham ce o f th e m o tiv e p o w e r o f th e m a in lin e , th e
1 2 ' t i l S tr e e t lin e , th e 4 2 d S tr e e t U ne a n d th e D ry D o c k E a s t B ro a d w a y
«fc B i t t e r v lin e ,
“ T h e s to c k w ill e is s u e d o n ly a s th e w o rk p ro g r e s s e s , th e e r p e n d i
tu r e fo r th e o h a o g e o f m o tiv e p iw or b e in g e s tim a te 1 to c o s t, i n c l u d i n '
th e p o w e r-h o u se , a b o u t $ 1 ^ .0 0 0 ,0 0 0 I t h p ro p >sed to o p e r i t e a ll th e
lin e - of th e c o m p a n y fro m th e p o w e r-h o u s e a t th e ju n c tio n o f th e H a r
lem R iv e r a n d K tn g s b rid g e r o a d .” —V. 6 7 , p . 7 3 8 .

Tradesmen's National Bank ofNewYork.—Liquidation.—
A committee of the directors called on Comptroller Davies at
Washington on Tnursday and asked for further time to put
the bank in condition for voluntary liquidation. TheNatioual
Bank Examiner, having gone over the assets, believes a sum
largely in excess of the apparent deficit to me.it the deposits
will be realized The Comptroller accordingly agreed to
allow a reascnable time for voluntary liquidation, provided
that the bank be placed in condition to meet its obligations
upon demand, and that he be allowed to select the directors
to act as liquidating committee. Before, however, he makes
the decision final, his representative and the New York exam
iner will make a re-appraisement of the assets.—V. 67, p. 7S8.
Tri-City Ry of Davenport, &e., Ia.—Change o f Control —
A controlling interest in this property is reported to have
been acquired by a syndicate of D i von pert Rock Island and
Moline, la , men for between $300,090 and $110,000.—V. 61,
p. 753.
Union Pacific RR.—Directors.—On Wednesday the fol
lowing were elected directors:
O liv e r A m e s, H o r a c e G. B u r t, G e o rg e Q. C a n n o n , T . J e f fe rs o n C oolid g e ,j r .; J o h n W . D o a n e , G e n . L o u is F ltz < e r a ld , G e o rg * J . G o u ld , E.
EL H a r r im a n , M a r v in H u g h itt, H e n r y B. H y d e , O tto H . K a h n , R o sw e ll
M ille r, W in slo w S. P ie rc e , J a c o b H . S cliiff a n d J a m e s S tillm a n .—V. 67,
p. 731, 736.

United States Rubber Co.—New Steuritiet in Payment fo r
Boston Rubber Co.—We have secured official confirmation of
the statement that the purchase of the Boston Rubber Shoe
Co. calls for the payment of $1,000,0 <0 in cash and the issue
by the United States Rubber Co. of $4,123,600 preferred and
$3,499,701 common stock The Boston Company, it is stated,
earns net about $1,000,000 yearly.
Output in United States.—A Boston pap3r has compiled
the following list of the rubber boot and shoe manufacturers
in the United States, with their daily capacity, the Boston
Rubber Shoe Co. beinginclnded with the United States Co.:
C om pany.
P a i r s D a il v . I C o m p a n y .
P a i r s D a ilu .
United
St ites Rubber Co.........180,000
Geo. Watkinson & 8 m ........ 2,000

Jos.
Co........ . 15,000
10,000 II Go
ByQ eld R ubber Co., P r o v ............ 2,000
HM ishawaka
>03Banigan
RubberFRaober
Go........
v. Bourae, Providence....... 1,000
e lt B oot & Shoe
I T o tal ind ep en d en t com panies. 38,000
Co.
.......................................
8,000
—V. 67, p. 73S.

West Virginia Central & Pittsburg Ry.—$150,000 Bonis
Listed.—The New York Stock Exchange has listed an addi
tional $150,< 00 first mortgage bonds, making the total listed
to date $3.2fio,0(i0. The proceeds of all of the 150 oonds “ are
to be used in liquidation of indebtedness incurred for shops,
equipment, permanent improvements, etc.”—V. 67, p. 510.
Wheeling (West Va.) R.v.—B ellaire B ridgeport & M ar
tin’s Ferry B y.—Control Puroliawd. —New Securities.—The
“Wheeling Intelligencer” is authority for the statement that
the Wheeling Ry. Co. has purchased the Bsllaire Bridgeport
& Martin’BFerry Ry. and will issue, on account of the same,
$250,000 new stock. This transaction, it is stated, was
authorized by the stockholders of the Wheeling Ry7. at a
meeting held Sept. 3". An issue of $200,000 bonds was also
authorized to provide for betterments on the Wheeling road,
including the enlarged and newly equipped power house, the
Martin’s Ferry extension, the State Fair grounds branch,
the new track on Ohio and Penn streets, and for the better
ments to the newly acquired property.—V. 67, p. 647.
—J. G. Martin has had reprinted from his “Century His
tory” of the Boston market a fifty years’ summary of tne
Lake Superior copper mining industry, which is of especial
interest at this time. Tne dividend record of each individual
mine is tabulated in full, and the highest and lowest prices
are easily to be found for any year by reference to this
pamphlet. Only a few copies are’ to be had in this handy
form.
—Onrreaders are reminded that in the advertising pages of
onr State and City S upplement, furnished with to day’s
Chronicle, are to be found the cards of many of the leading
dealers in municipal and other investment bonds, and those
persons deairing information on matters relating to the in
vestment of funds will find it to their advantage to corres
pond with these firms, most ofj whom issue special circular
and in various other ways will furnish valuable data bearing
on the standing of securities available for permanent invest
ment. The following well known houses are represented
in this issue of the S upplement: Messrs. Lee, Higgin«on&
Co.; Kidder, P.ab idy & Co.; Estabrook & Co ; R. L. Day &
Co.; Blodget, Merritt & Co.; Adams & Co.; Mason, Lewis &
Go.: N. W. Harris & Co.; Harvey Fisk & Sons; Blair & Co.;
J. & W. Seligman & Co ; Farson, Leach & Co.; Rudolph
Kieybolte & Co., Edward C. .Jones C . W i l s o n & Stephens;
A. C. Frost & Co ; Kountze Bros., Bertron & Storis; United
States Mortgage & Trust Co.

'J £ h c

[V ol. L x v n .

C o m m e r c ia l

C O MM E R C I A L

IF jm c s.

.

E P I T O ME

Night, Oct. 14 139m,
The continued mild weather has had a tendency to hold
trade in check in some lines of merchandise and the quaran
tine regulations at the South against yellow fever have ham
pered business to ac msiderable extent in that sec ion of the
country. Generally speaking, however, trade returns from
other sections of the country have shown business in fairly
atisfactory shap3, with prices on a reasonably remunerative
basis. An encouraging development has bsen an unusually
active demand from Europe for our breadstulls, the pur
chases the past week being close to record breaking figures.
The political relations existing between England and France
oyer the Fashoda situation have received coniiderable atten
tion during the weak. Labor troubles in Illinois, waieu re
sulted in serious rioting and tha loss of a number of lives,
and advices received from Paris, also reportin' labor dis
turbances, have been features of the week.
L ard on the spot has been in moderate demand from re
finers, and there has been a generally better feeling in the
market, as prospects have been considered favorable for an
improvement in trade. Prices have advanced and the close
was firm at 5 30c. for prime Western and 4'90c. for prime
city. Refined lard has been in fair demand for export, and
prices have advanced to 5-60c. for refined for tha Continent,
Speculation in the market for contracts lias been moder
ately active and prices have advanced on baying for invest
ment account, stimulated by the improved prospects for a
broadening of trade. Tne close was firm.
F r id a y

DAILY CLOSING PRICKS OF LARD FUTURES.
S a t.

i f on.

Tues.

W ed.

T fi u r s .

Fn.

October delivery........ o. 5 05 5*07 5*17 o 20 5 *22
5*32
Pork has been in fairly active demand, and prices have
been firmer, closing at $8 75@9 for mess, $12@14 for family
and $11@13 for short clear. Out meats hive bad onlv a lim
ited sale, but prices have been unchanged and steady at 5%
@6%c. for 14@10 lb3. average, 4%c. for pickled shoulders,
and 7%@7%c. for pickled hams. Beef has been in fair de
mand aud firmer, closing at $S o0@9 for na-ss, $9@10 for
packet, $i0 50@ll for family, and $U51<aio50 for extra
India m-ss. Beef hams have been steady at $19 50
Tallow has advanced and the close was steady at 3%c. Oleo
stearine has been quiet but steady at 5c. Lard stearins has
been firmer, doling at 6}gC. for prime City. Cotton seed oil
has held steady for prime yellow at 23%@23c. Butter has
been ia light supply for desirable grades, closing firm at
15@21%o. for creamery. Cneess has held fairly firm for
desirable grades, closing at 7@9c. for State factory, full
cream. Fresh eggs have advanced for choice stock, closing
at I8e. for choice Western.
Brazil grades of coffee have had a slow distributing sale
and prices have weakened slightly. Business in the market
for invoices has been slightly more active, but. at lower
prices. Primal markets have shown iocreasel pressure to
sell. Rio No. 7 on the spot closed at 6%;. West India
growths have sold slowly and prices have weakened to 8%@
8%c. for good Cucnta. East India growths have had a
limited sale at steady prices. The market for contracts has
bsen quiet and prices have weakened slightly under the ab
sence of demand and the continued full movement of the
crop, Following are the final asking prices :
Oct................. 5 35o- | Jan................ 5'60o. i May................5-90 c
Nov................. 5-35o. Mar............... 5-80o. IJn >e.............. 5'95o.
Deo..............- 5'35o. 1April.............. 5-850.1 July................ 6-OOo.
Raw sugars have been indifferently offered, and at the
close of the week refiners paid a slight advance in price to
obtain supplies, closing at 4%c. for centrifugals, 93-deg. test,
and 3%c. for muscovado, 89-deg. test. Refined sugar has
been fairly active and firm at 5a. for granulated. Teas have
had a better sale at steady prices.
Kentucky tobacco has been quiet bub steady. Seed leaf
tobacco has been in fair demand and firm. Sales for the
week were 2,395 cases, as follows : 400 cases, 1897 crop, fiat,
13@25c.; 15 ' cases. 1897 crop, Onondaga, U@13l : 150 cases,
1-97 crop. New England Havana, 9%@20c.; 50 cases, 1896
crop, New England Havana, 31@46n.; 220 cases 1893-8 crops,
Pennsylvania seed leaf, 12%c.; 300 cases, 1897 crop, Pennsyl
vania seed leaf, ll@13c.; 425 cases, 1896 crop, Wisconsin
Havana, ll@13%c ; 300 cases, 1897 crop, Wisconsin Havana,
94@13c.; 400 cases, 1897 crop, Zimmers, 17@18c,; also
400 bales Havana at 70c.@$t 10, in bond, and 140 bales
Sumatra at 85c.@|l 65 in bond.
Biisiniss in the market for Straits tin has been fairly ac
tive, and prices have advanced. The close was firm at 17-10
@17 15c. Ingot copper has been moving freely on contracts,
bat the volume of new business transacted has been sm all;
prices have been unchanged at 12%@12%0. for Lake. Lead
has been quiet but steady, closing a t"3'95c. for domestic.
Spelter has been in moderate demand, and prices have ad
vanced to 4‘95@5c. for domestic. Pig iron has been in fairly
active demand and firm, closing at $9 75@$11 50 for domestic.
Refined petroleum has been firmer, closing at ?-20c. in
bbls., 4-70c. in bulk aud 7 95c. in cases; naphtha higher at
7c. Crude certificates have been firmer, closing at $1 13%;
credit balances have been advanced to $1 12. Spirits turpen
tine has been quiet but steady at 32%®33c. Rosins hays
been dull and unchanged at $1 30 for common and good
strained, Wool has been dull and easy. II ips have been in
fair demand at advancing prices.

October 15, ,898.,

THE CHRONICLE,

COTTON.
October 14, 1898.
The Movement of the Crop , as indicated by our telegrams
from the South to-night, is given below. For the week ending
‘this evening the total receipts have reached 395,905 bales,
against 346,231 bales last week and 318,605 bales the previous
week, making the total receipts since the 1st of Sept., 1898
1,439,920 bales, against 1,410,554 bales for the same period of
1897, showing a decrease since Sept. 1,1898, of 29,363 bales.
F r id a y N ig h t ,

R e c e ip ta a t—

S a t.

M on.

T u ts .

W ed.

F r i.

T h u rs.

G a lv e s to n ......... 2 2 ,2 7 0 3 0 ,7 8 0 1 9 ,5 6 4 2 1 ,8 6 4 2 3 ,1 4 6
T e x . C ity , &o.
N e w O r le a n s ... 7 ,3 5 2 1 4 ,3 0 9 2 4 ,7 0 7 11,779 8 ,7 5 5
M o b ile ................ 3 ,2 1 8 2,5 7 7 3 ,2 0 6 2 ,3 3 2 2 ,4 5 0
........
.....
.....
.....
.....
F lo r id a ...............
S a v a n n a h .......... 12 ,6 7 6 1 1 ,1 4 2 1 6 ,0 9 7 1 0 ,2 7 0 1 0 ,5 6 0
........
....
.....
....
B n in s w ’k.&c.
.....
1 ,5 5 4 3,1 7 9 2 ,3 9 6
4 ,4 3 9
C h a r le s to n ........ 4,801
..........
....
........
..........
F t. R o y a l, Ac.
.....
3 ,6 0 1 2 ,4 3 7
W ilm in g to n ___ 4 ,2 1 0 4 ,7 7 8 5,3 9 1
......
......
W aah’to n .& c .
....
....
N o r f o l k .............. 4 ,7 4 2 3 ,2 7 0 2 ,8 0 4 4 ,8 4 3 3 ,9 3 0
.....
......
IT p ’t N e w s, St o.
215
100
425
250
200
N e w Y o r k ........
254
1 .1 6 3
142
386
91
B o s to n ................
..........
......
......
B a l t i m o r e .........
167
473
113
500
685
P h lla d e l’a , &o..

in addition to above exports, our telegrams to-night aLo
give us the following amounts of cotton on shipboard, nut
cleared, at the ports named. We add similar Sgures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows, Produce Exchange Building.

ON SHIPBOARD, NOT OLEAREl) FOR—

Oct. 14 a t

G re a t
O th e r
B r i t a i n . F r a n c e . F o r e ig n

*ew O r le a n s ...

T o ta l.

1 5 ,4 4 2 1 33,066
1,042
1,012
1 5 ,0 9 4 8 1 ,9 9 6
1,715 15,498
3,061
3,0 6 1
1 0 ,0 2 5 7 0 ,770
1 0 ,9 0 4 1 0 ,904
7,517 2 3 ,9 3 6
158
158
3 ,8 6 0 24,277
103
103
5 ,1 1 9 24,708
294
294
1 ,1 9 0
692
2,728
186
186
50
1,038

803

c h a r le s to n ........
Mobile ...............
^ e w Y o r k ........
i t h e r p o r t s ___

4 ,1 1 6
7 2 .4 6 9
5.0 0 0
1 2 ,000
1 5 .000
5.0 0 0
2 ,7 0 0
2 5 .0 0 0

1 9 ,0 3 6
18.448
1 ,0 0 0
N one.
N one.
N one.
850
N one.

2 9 ,0 2 4
1 8 ,?0 5
2 5 ,0 0 )
9 ,7 5 0
6 ,0 0 0
3.0 0 0
3,2 0 0
1 i,O00

L e a v in g
tt o e k

C o a s t
w ise .

T o ta l.

8 36
2,2 6 8
N one.
950
N one.
1 6 ,0 0 0
N one.
N one.

4 7 ,0 1 2
11 1 ,4 4 0
3 1 .0 0 0
2 2 ,7 0 0
2 1 .0 0 0
2 4,000
6 ,7 5 0
3 9 ,0 0 0

12 3 ,4 1 8
lil,9 5 4
9 7 ,4 5 2
2 1 ,8 8 1
1 1 ,8 4 2
6 ,7 2 0
5 0 ,7 0 3
4 1 ,1 3 5

T o ta l 1 8 9 8 ... 1 11,285

3 3 ,3 9 4 10 3 ,1 7 9 20 ,0 5 i

3 0 3 ,9 0 3

4 9 3 ,1 2 0

T otal 1 8 9 7 ... 1 0 7 ,9 8 7
T o ta l 1 8 9 6 ... 20 1 ,0 2 8

3 6 .8 0 4 1 0 > ,1 39 15 0 0 5
2 4 ,1 4 3 10 4 ,3 3 9 2 3 .8 0 0

2-54,425
3 5 3 .3 6 0

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

Speculation in cotton for future delivery has been quiet,
but the tone of the market has held fairly steady and changes
in prices have been slight. The principal sustaining feature
to the situation has been the character of the advices received
from Liverpool. At that market there has been considerable
activity to the demand from spinners for actual cotton, as on
the basis o: about 3d. for middling the European trade has
shown a disposition to purchase cotton with much freedom.
This demand has sufficed to relieve the pressure of the free
offerings from the large movement of the crop. Manchester
T o t. th is w e e k 6 0 2Q« 7 2 '•«! 74 3 0 0 *9 3 5 9 5 4 .3 2 7 7 5 .2 6 ? 3 9 5 ,9 0 5
advices have been of a favorable nature as regards
The following shows the week’s total receipts,the total since the condition of the cotton goods trade, stating that
Sept. 1,1898, and the stock to-night, compared with last year manufacturers generally were having an active business.
Advices from the Continent also reported that spinners
1697
S to c k .
18 9 8 .
were having a good trade. While these reports have served
R e c e ip ts to
T h is
T h is
S in c e S e p .
to check the disposition shown by local operators to sell
S in c e S e p .
1898.
Oct. 14.
1897.
w
e
e
k
.
the market, they have not stimulated any pronounced bay
w eek.
1, 1897.
1, 18 9 8 .
ing for investment account, the purchases made in the
G a lv e s to n ... 1 3 3 ,066 5 0 1 ,2 0 6 5 6 ,1 1 5
3 9 1 ,8 1 1
253,5 91 1 36,144
speculation market having been largely by shorts to reduce
1,0 4 2
T e x . C.,<feo.
5 ,4 1 9
1,5 8 3
7 ,6 0 6
their lines. The continued large supplies coming into sight,
N ew O rle a n s 8 1 ,9 9 6 3 1 8 ,1 9 4 6 5 ,2 1 2
2 7 9 ,1 0 6 1 7 0 ,4 6 0 1 0 9 ,8 6 0
together with favorable weather conditions at the South for
3 3 ,8 4 2
4 9 ,8 5 6 1 4 ,8 0 8
5 5 ,1 2 5
M o b ile .......... 1 5 ,4 9 8
16,612 the maturing crop, have had a tendency to make the specu
3,061
4 ,5 9 3
F lo r id a .........
10,5 6 1
8,3 2 5
....
lative element timid about purchasing, despite the fact that
1 2 8 ,4 5 2 1 20.397 prices have been ruling close to the low-record point. To
S a v a n n a h ... 7 0 ,7 7 0 2 4 2 ,2 7 7 5 8 .0 7 5 2 6 6 .4 P 0
B r ’w lok.A c. 1 0 ,9 0 4
4 3 ,2 3 2
1 9 ,9 1 0
3 5 ,7 8 8 1 0 ,4 6 2
16.825 day the market was moderately active and firmer on baying,
C h a r le s to n .. 2 3 ,9 3 6
4 1 ,5 6 1
9 4 ,7 2 3 2 7 ,8 7 0 1 2 1 ,0 8 9
4 4 .105 principally by shorts to cover contracts, stimulated by re
158
208
P .B o y al,& o .
462
9,8 2 4
ports of light frosts in the northern section of the cotton belt
W ilm in g to n . 2 4 ,2 7 7
8 9 ,8 6 7 2 1 ,0 4 9
1 0 6 ,1 4 7
4 3 ,8 8 6
4 2 ,652 The close showed prices 1@4 points higher for the day. Cot
103
306
W ash ’n , &o.
76
427
....
ton on the spot has been quiet and prices declined l-16c. on
N o r f o lk ........ 2 4 ,7 0 8
7 4 ,3 1 8 2 6 ,0 8 2
1 0 0 ,4 1 4
3 3 ,4 4 2 Monday. To-day the market was quiet but steady at 5%c.
3 0 ,7 2 0
2S 4
S T p o rt N .,A o
1 ,3 3 0
1 ,1 2 3
3 ,4 8 9
1,1 0 3 for middling uplands.
N ew Y o rk ..
1 ,1 9 0
1 ,8 9 0
394
5 7 ,4 5 8
5 0 ,2 1 6
The rates on and off middling, as established Sept. 15, 1893,
B o s to n ..........
2 ,7 2 8
9 ,3 5 3
3,121
1 0 ,0 0 0
5 ,9 3 7
12,000 byf the Revision Committee, at which grades other than
B a l tim o r e : .
186
1,234
1,5 9 9
3 ,8 4 0
6,809 middling may be delivered on contract, are as follows.
3 ,1 5 3
P h lla d e l. Ac.

1 ,9 8 8

3 ,3 9 0

7 ,3 9 8

5 ,1 5 6

5 137

T o t a ls ........ 3 9 5 ,9 0 5 1 ,4 3 9 ,9 2 0 2 9 4 ,8 8 6 1,41 0 ,5 5 4

2 ,6 7 6

8 0 1 ,0 2 2

5 9 5 ,6 0 7

In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
R e c e ip ts a t —

1898.

G a lv e s ’n.& o. 1 3 4 ,1 0 8
N ew O rle a n s
8 1 .9 9 6
M o b ile __ . . .
15,4 9 8
S a v a n n a h ..
7 0 ,7 7 0
O h a s’to n , &o
2 4 ,0 9 4
W ilm ’to n , Sto
2 4 ,3 8 0
N o rfo lk .........
2 4 ,7 0 8
N . N ew s, Ac.
294
Ail o t h e r s .. .
2 0 ,0 5 7
T ot. th is w k .

3 9 5 ,905

1897.

1896.

1894.

1895.

1893.

5 7 ,6 7 8
6 5 ,2 1 2
1 4 ,8 0 8
5 8 ,0 7 5
2 8 ,3 3 2
2 1 ,1 2 5
2 6 ,0 8 2
1,123
22,451

7 9 ,6 7 7
1 1 1 .4 0 4
16.468
3 4 ,3 9 1
21,0 7 7
1 7 ,0 7 3
4 3 ,1 0 4
275
14,148

4 9 ,1 2 8
9 2 ,8 1 3
1 2 ,8 4 9
4 9 ,4 9 8
2 5 ,3 0 2
15,2 9 3
1 3 ,2 4 9
9,208
1 3 ,4 5 9

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

6 0 ,530
82,568
9,338
5 6 ,725
2 9 ,195
1 2 ,302
2 0 ,5 5 6
9,213
6,306

2 9 4 ,8 8 6

3 3 7 .677

2 8 0 ,6 5 9

3 8 4 ,131

2 86.789

SInoe S e p t. 1 1439,920 1 4 1 0,554 1 6 7 5 ,7 3

1 0 7 1 ,3 S3 1 4 3 1,611 11 17,OOi

The exports for the week ending this evening reach a total
of 218,813 bales, of which 133,503 were to Great Britain, 11.245
to France and 74,035 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1898.
E x p o r t!
fr o m —

W eek E n d i n g O ct. 14,
E x p o r te d to —
G re a t
F ra n ce
B r i t ’n .

1898.

F r o m S e p t.

1,1898,

t o O c t.
E x p o r te d to —

C o n ti 'lo ta l
G rea t
F ra n c e
n e n t . W eek . B r i t a i n .

C o n ti
n e n t.

14,1898.
lo ta l

Galveston..... 44,415 11,035 9,610 65.096 161,280 44,300 51,546 247,132
Tex. City, Ao..
881
881
1,510
1,510
New Orleans.. 38,353
9,687 47,940 130,499 13,604 ' 33,016 177,719
Mobile.......... 9,845
9,845 12,718
12,7 L8
501
Pensacola.....
2,500 3,001
8,001
2,500 10,501
Savannah......
10,501 10,501
00,290 00,290
Brunswick —
1,9 LO 1.910
8,100
5,079 13,779
Charleston—
24,100 24,100 12,922
24,400 37,322
Port Royal—
Wi,mlngton... 14,042
7,34 21,982 23,177
20,144 49,321
Norfolk.........
60
6(
1,978
1,978
N port N., Ac..
.....
701
701
New York..... 4.30-1
210 5,345 9,801 30,3*68
576 28,744 59,087
Boston......... 16,245
100 15,345 25,341
180 25,521
6,KM
Baltimore__
1,249 7,085 12,940
4,332 17,272
200 ......
Philadelphia..
300
300
300
San Fran., Ao
650
550
550
556
Total......... 133,103 11.245 74.005 218,814 416,107 5’*,405 241,481 710.373
Total, 1897....

114,993 22,388 45 284 182 565 3H1 61 80.909 240.P38 709.038

F a ir .......................................
on
M id d lin g F a i r ................... . . . .
on
3 trlo t G ood M id d lin g ...
on
G ood M id d lin g ................. . . . . t , 6 o n
S tr io t Low M id d lin g ___ . . . . 316 off
Low M id d lin g ...................
off
J t r i o t G ood O rd i n a r y . ... . . . . % off

G o o d O r d i n a r y . . . . . .......... o . l i , 6 ofl
G ood M id d lin g T i n g e d ........ E v e n
S tr io t M id d lin g S t a i n e d ___ 732 ofl
M id d lin g S ta in e d ....................
ofl
S tr io t L o w M id. S t a i n e d . .. 1 off
L o w M id d lin g S t a i n e d ........ I 3? ofl

On this basis the official prices for a few of the grades for
the past week—Oct. 8 to Oct. 14—would be as follows.
U PLAN D S.

S a t.

71 o n T u e *

W ed

Th.

F ri

Good O r d in a r y ............................... 43s
Low M id d lin g ............................... 5
M iddling............................................ 5 V
Good M id d lin g ............................... 5%
M iddling F a i r ................................. 631fl

4a, ft
4 5,
S^s
5 ll„
6%

4 5 ,ft
4 ‘6 ,,
5%
5 > l,f
6%

45la
415,,
5 3s
5 " if t
5!e

45jft
4 ‘ ° is
5%

T il.

F ri

GU LF.
Good O r d in a r y ...............................
Low M id d lin g .................................
M iddling............................................
G ood M id d lin g ................................
M iddling F a i r .................................
S T A IN E D .

S a t.

T I o il T u e * W e d

4®b
5*4
o> ‘is
6
67, s

5

| S a t.

Low M id d lin g .................................
M id d lin g ...........................................
3 trio t M id d lin g ...............................
G ood M id d lin g T in g e d ................

45,«
4 ‘6lf
5«8
» l>
6%

4916
5 ->

515,,
630

5 3ie

O

516U
630

4»,„
53,«
ft;
5*0
558
5 ,6 ,ft 515U
63s
6%

81“
S 18
53,6
51616
630

71 o n T u e *

W ed

Th.

F r i.

4
416t
55 1,
530

4
415 j
5&S2
530

'4
415^
553
530

4
4 13ie
5532
53s

41lfl

“f t

4
4 i5 u
5° *3
530

The quotations for middling upland at New York on
Oct. 14 for each of the past 32 years have been as follows.
1 8 9 8 . . . . 0.
1897.
1896. ........
1895.
1894.
1893 ........
L892. .....
1891. ........

538
7 l r 16
S7,„
«
88,

1 8 9 0 ...0 .1 0 3 a
18 8 9 . ........ 105ft
18 8 8 .
1 8 8 7 . ........ 98,
18 8 6 .
18 8 5 .
1 8 8 4 . ........10
1 8 8 3 . ........ 1 0 » 18

1882 . . . 0.1 1 J3
1 8 8 1 . ........1 1 “,8
1 8 8 0 . ........ 1144
1 8 7 9 . ........ 10m
1 8 7 8 . ........ 1014
1 8 7 7 . ........ 117,8
18 7 6 .
18 7 5 .

1 8 7 4 . ...0 .1 5 3 0
18 7 3 . ........ 178!
18 7 2 .
1871
18 7 0 .
1869.
18 6 8 .
1 8 6 7 . ........18

m arket and sales.

S a tu rd a y ..
M o n d ay ..
T u e s d a y . ..
W ednesday
T h u r s d a y ..
F r id a y ........
T o ta l........

S a l e s o p S p o t St C o n t r a c t .

Sp o t M a r k e t
C l o sed .

F utures
M arket
Closed.

D u ll.......................
D ull a t li* d e c ..
D u ll a n d e a s y ..
D u ll.......................
S t e a d y .................
D u ll.......................

q u i e t A s t ’dy
H’rlv s te a d y .
Q u ie t A s t ’d y
Q u i e t ............
S t e a d y ..........
S te a d y ..........

----

...*..• .....

....

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

E x
p o r t.

O onsum p.

Con
tr a c t.

T o ta l.

"2 4
125
50
1,900
77

3 00
200
8 00

3 24
325
850
1,9 0 0
77

2 ,1 7 6

1,300

3 4 76

F u t u r e .— T h e h i g h e s t ,
lo w e s t a n d c lo s in g p r ic e s
F u t u r e s a t N e w Y o rk a r e s h o w n i n t h e f o llo w in g ta b le *

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a t t h e INTKBIOB T ow ns the movement—that 1b the receipt*
for the week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period o f 1897—Is set out in detail below.

L®

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[VOL, LXVII

THE CHRONICLE.

804

©

M < J© H

03
<1

C KM M M M

CO CO C O © H CO fcC CO W W < 1 H

, © © c o c o © h © ’© © '© © 'o o w 'b 'b o c 'M 'b

P- — © ©
ItOOtOifA©td©(f>*O«©0C©©©HH©©©I^H©©©<l<l©©C0H

© © © W H ' - i © © © © © I f- O *-4 © © © © 0-1 — © <1 t o C33 h © CB

<v
a

T h e V i s i b l e S u p p l y o p C o t t o n ' to - h i gut, as made up b y
cable and telegraph is as follows. Continental stocks, as will
as those for Great Britain and the afloat are this week’s re
turns and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (Oct. 14), we add the item of exports from
the United States including in it the exports of Friday only.
1898.
1897
18961895.
S to c k a t L i v e r p o o l........ b a l e s .
5 4 5 ,0 0 0 2 6 1 ,OOC 4 0 3 .0 0 0 9 0 3 ,0 0 0
S to c k a t L o n d o n . . . . . . ______ _
3 ,0 0 0
4 ,0 0 0
6 ,0 0 0
3 ,0 0 0
T o t a l G r e a t B r i t a i n s to c k .
5 4 8 ,0 0 0 2 6 5 ,0 0 0 4 0 9 ,0 0 0 9 1 1 ,0 0 0
2 5 .0 0 0
11,000
3 2 .0 0 0
S to c k a t H a m b u r g .....................
1 7 ,0 0 0
3 9 .0 0 0
8 7 .0 0 0
S to c k a t B re m e n .
9 7 .0 0 0
4 8 .0 0 0
4 .0 0 0
10.000
1,000
1 ,0 0 0
B to e k a t A m s te r d a m ____ . . . .
200
100
200
200
S to c k a t B o t t e r d a m ............... .
8,000
6,000
S to c k a t A n tw e r p ........................
8.000
9 ,0 0 0
4 4 .0 0 0
8 3 .0 0 0
9 0 ,0 0 0 2 7 0 ,0 0 0
B took a t H a v r e ..................... .......
5 ,0 0 0
4,0 0 0
1,000
4 .0 0 0
S to c k a t M a r s e ille s ........ . . . . . .
3 1 .0 0 0
3 5 .0 0 0
4 6 .0 0 0
3 8 .0 0 0
B took a t B a r c e l o n a . . . . . . . . . . .
2
1
.0
0
0
1
*
2
,000
20.000
8
.0
0
0
S to c k a t G e n o a ............................
9 ,0 0 0
2 0 ,000
2 5 .0 0 0
22,000
B took a t T r i e s t e ............ ...............
1 5 7 ,1 0 0 2 8 2 ,2 0 0 5 0 2 ,2 0 0
T o t a l C o n tin e n ta l s to c k s .. 2 3 3 ,2 0 0
T o t a l E u r o p e a n s to c k s —
7 8 1 ,2 0 0 4 2 2 ,1 0 0 6 9 1 ,2 0 0 1 ,4 1 3 ,2 0 0
9 .0 0 0
1 9 ,0 0 0
3 8 ,0 0 0
I n d l a o o t t o n a f lo a t f o r E u r o p e
2 9 ,0 0 0
4 0 4 ,0 0 0 3 0 9 .0 0 0
A m e r. c o tto n a flo a t f o r E u r o p e 4 8 5 ,0 0 0 0 3 5 ,0 0 0
2 4 ,0 0 0
3 3 ,0 0 0
19,000
* K y P t.b ra zil,< fc c.,a flt.fo r E 'p e
1 9 ,0 0 0
S to c k tn U n ite d S t a t e s p o r ts . 8 0 1 ,0 2 2 5 9 5 ,6 0 7 1 ,0 3 3 ,3 9 6 7 8 6 9 5 4
.*15,989 2 6 8 ,1 9 1
B took In U. S. I n te r i o r t o w n s .. 3—9 0 ,8 1 9 2 9 l 9 7 6
5 4 .0 3 7
19.097
3 0 ,2 7 4
2 7 ,0 8 1
U n ite d S ta te s e x p o r t s to - d a y .
T o t a l v is ib le s u n p l j . . . . . . . 2 ,5 3 0 ,1 2 8 1 ,8 9 6 ,7 8 0 2 ,8 5 9 ,8 5 9 2 ,8 9 1 ,4 2 6
O f t h e a b o v e , t o t a l s o l A m e r ic a n a n d o t h e r d e s c r ip t io n s a r e a s fo llo w s :
A m e r ic a n -

L iv e r p o o l stoofc,
4 7 1 .0 0 0 1 8 2 .0 0 0 2 9 3 ,0 0 0 7 9 1 ,0 0 0
------ b a le s .
1 7 2 .0 0 0 1 1 0 .0 0 0 1 9 0 ,0 0 0 4 2 6 ,0 0 0
O o n tlu e n ta ls to o K S ............... ..
A m e ric a n a f lo a t f o r E u r o p e . . 4 8 5 ,0 0 0 5 3 5 ,0 0 0 4 0 1 ,0 0 0 3 0 9 ,0 0 0
8 0 1 .0 2 2 5 9 5 ,0 0 7 1 ,0 8 3 ,3 9 6 7 8 6 ,9 5 4
U n ite d S ta te s s t o c k ...................
U n ite d S ta te s I n te r i o r s to c k s . 3 0 0 ,8 1 9 2 9 1 ,9 7 6 4 1 5 ,9 8 9 2 6 B ;i9 1
5 4 ,0 8 7
1 9 ,0 8 7
3 0 ,2 7 4
2 7 ,081
U n ite d S ta te s e x p o r t s t o - d a y .
T o t a l A m e r ic a n ................... 2 ,3 7 3 ,9 2 8 1 ,7 3 3 ,6 8 0 2 ,3 8 6 ,6 5 9 2 ,6 1 1 ,2 2 6
M a t! I n d i a n , B r a z i l , d o .—

7 4 ,0 0 0
7 9 ,0 0 0 1 1 0 ,0 0 0
1 0 9 ,0 0 0
L iv e r p o o *l s to c k*
3 ,0 0 0
4 ,0 0 0
6 ,0 0 0
8,000
L o n d o n s to c k ................... .
6 1 ,2 0 0
4 7 ,1 0 0
9 2 ,2 0 0
7 0 ,200
C o n tin e n ta l s to c k s ....................
2 9 .0 0 0
9 ,0 0 0
4 9 ,0 0 0
3 8 ,OOC
I n d i a a flo a t f o r E u r o p e ............
1 9 .0 0 0
2 4 ,0 0 0
3 8 ,0 0 0
4 9 ,000
E g y p t , B r a s il , A o., a f l o a t . . . . .
T o ta l E a s t I n d ia , AO.......... 1 8 6 ,2 0 0 1 6 3 ,1 0 0 2 9 3 ,2 0 0
2 8 0 ,2 ( 0
T o t a l A m e r i c a n . .................. 2 ,3 7 3 ,9 2 8 1 ,7 3 3 ,6 8 0 2 ,3 0 6 ,0 5 !) 2 ,6 1 1 ,2 2 0
T o t a l v is ib le s u p p l y ..........2 ,5 9 0 ,1 2 8 1 ,8 9 0 .7 8 0 2 ,6 5 9 ,8 5 9 2 ,8 9 1 ,4 2 8
33,2d.
3 2 -V A
M id d lin g U p la n d , L iv e r p o o l,.
4?18a.
4 - nsm
5 ago
6 t , *o.
9>4 .
M id d lin g U p la n d , N e w Y o rk .
7L-,„o.
e is .s d ,
E g y p t G o o d B ro w n , L iv e rp o o l
0d.
4»)ed.
4V I
P e rn v .K o u g h G o o d , L iv e rp o o l
6 i8 j8d .
8 % d.
0
% '.
0> isd.
4 7 , d.
413, «<?.
B ro a c h F in e , L iv e r p o o l............
3 » ,ed.
3 7sd ,
4%
a.
4
q
a
8lied. Sltisd.
T l n n e v e lly G o o d , L iv e r p o o l..

ZW" The imports into Continental ports the past week have
been 22,000 bales.
The above figures indicate an increase in the cotton in sight
So-night of 008,318 bales as compared with the same date
of 1897, a loss of 99,781 bales from the corresponding date
of 1896 and a decrease of 381,398 bales from 1895.

>

<1

CO

<jj* ta© h^ h © ©^©©©to ta to ©oo< i h
*' ! a*®1it®* coj
©©©©V'o -jV ©"©©lxiV©©'tooa'o<3V
>
* CCOCJIl|fc00'
H © W © © - 4 (fa © cd p. © IF* -1 to CO © - a !&■ \fP H ©
i I : ccfcoacu*©:
H © Ifv OT H '1 © CO © © © * P>© ClCCO© © © *% nsOGQ
i I * ta-oco©©* L .ast y e a r 's f ig u r e s a r e t o r C o lu m b ia , S. G*

The above totals show that the interior stocks have
increased daring the week76,8U) bales, and are to-night 98,843
bales more than at the same period last year. The receipts at
all the towns have bean 107,311 bales m, ir° than the same
week last year and since Sept. 1 they are 140,706 bales more
than for the same time in 1897.
O v e r l a n d M o v e m e n t f o b t h e W e e k a n d b in g e S e p t . 1 .—

We give below a statement showing the overland movement
for the week and since Sept, 1, as made np from telegraphic
reports received Friday night. The results for the week
ending Oct, 14 and since Sept. 1 in the last two years are
as follows.
18 9 7 .

1898.
O cto b er 14 .

Week.

S in c e
S e p l. 1.

Fficjfe.

S in c e
S e p t, 1.

S h ip p e d —

V ia 34. L o u i s ......................................
V ia C a i r o .............................................

2 9 ,2 3 2
7 ,2 3 2

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

R ook I s la n d ...........................
L o u is v ille ........................ ..
O ln e ln n a ti.............
> th e r r o u t e s , A o......................

1 ,8 2 7
3,873
2 ,4 9 2
3 ,4 8 2

r o t a l g r o s s o v e r l a n d ..................

4 8 ,1 3 8

V ia
Y ia
V ia
V ia

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

3 3 ,0 8 6
9,1 4 8
2 38
951
3 ,2 2 4
1 ,2 1 7
2,985

7 6 ,0 5 4
3 6 ,5 8 4
1,547
1,751
7 ,4 2 8
4 ,9 2 7
7 ,5 1 6

1 1 9 ,7 4 2

5 0 ,849

1 3 5 ,8 0 7

1 5 ,8 0 7
5 12
5,1 1 7

7,3 9 6
387
001

1 7 ,4 6 9
961
5,956

D ed u ct s M p m e n it—

O v e rla n d t o N . Y „ B o s to n , A o ..
B e tw e e n I n t e r i o r t o w n s . ..............
I n la n d , A o., fr o m S o u th ................

6 ,0 9 2
168
934

T o ta l t o b e d e d u o te d ___ . . . . . .

7 ,1 9 1

2 1 ,4 9 6

8 ,3 8 4

2 4 ,3 8 6

L e a v in g t o t a l n e t o v e r la n d * ..

4 0 ,9 4 4

9 8 ,2 4 6

4 2 ,4 6 5

1 1 1 ,4 2 1

• In c lu d in g m o v e m e n t b y r a i l to C a n a d a .

The foregoing shows that the week’s net overland movement
this year has been 40,944 bales, against 43,465 bales for the
week In 1897, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 13,175 bales.
I n A tff/it a n d S p i n n e r s ’
T a k in g s .

1898.
Week.

S in c e
S e p t. 1,

1897.
Week.

S in c e
S e p t , 1.

B e o e ip ls a t p o r t f l to O ct. 1 4 ,—
3 9 5 ,9 0 5 1 ,4 3 9 ,9 2 0 2 9 4 ,8 8 6 1 ,4 1 0 ,5 5 4
4 0 ,9 4 4
1 1 1 ,4 2 1
9 8 ,2 4 6 4 2 ,4 6 5
N u t - v e r la n d to O ct, 1 4 . . . . .........
1 4 1 ,0 0 0
S o n t l e r n c o n s u m p tio n to Oct,. 1 4 2 6 ,0 0 0 1 6 6 ,0 0 0 2 1 ,0 0 0
T t a l m a r k e t e d .............
I n t e r i o r s to c k s I n e x c e s s .

4 6 2 ,9 4 9 1 ,7 0 4 ,1 8 6 3 5 8 ,3 5 1 1 ,6 8 2 ,9 7 5
76,6X 0 2 8 6 ,7 0 0 5 2 ,215 2 4 6 ,9 0 0

4 1 0 ,5 6 6
C am e I n to s i g h t d u r in g w e a k . 5 3 9 ,4 * 9
1 ,8 0 9 .8 7 5
1 ,9 9 0 ,8 6 6
T o a l tn s i g h t O e t. 1 4 . . . . . . . . . .
N o r 'h ’n s p i n n e r s t a k ’ga to O e t. 14

5 5 ,6 0 1

1 9 0 ,0 8 2

6 7 ,6 8 7

2 8 0 .0 5 5

THE CHRONICLE.

Avgusta, Georgia.—Farmers are marketing their crop rap
idly in order to meet tneir obligations. Reports of damage
by the storm are confirmed. There has been no rain during
the week. The thermometer has averaged 70, ranging from
58 to 84.
Charleston, South Carolina.—We have had rain on three
days the past week to the extent of thirty-six hundredths of
an inch. The thermometer has ranged from 66 to 82, aver
aging 75.
Stateburg, South Carolina.—No rain during the week.
Picking and marketing are progressing rapidly. Average
thermometer 7P8, highest 85 and lowest 53.
Geeenwood, South Carolina.—We have had rain on one day
the past week to the extent of eighty eight hundredths of an
inch. The thermometer has averaged 69, the highest being
79 and the lowest 59.
B r ig h t e r

P rospects

of

I ndustry

and

T r a d e in t h e

our editorial columns to day, under
the above caption, will be found an article by our special
Manchester correspondent.
U n it e d

K i n g d o m . — In

T h e A g r i c u l t u r a l D e p a r t m e n t ’s R e p o r t f o r O c t o b e r .—

The Agricultural Department’s report on cotton for October
1 is given below :
T h e O o to b e r r e p o r t o f t h e S ta tis tic ia n o f th e D e o a r tm e n t o f A g r ic u l
t u r e sh o w s th e a v e r a g e c o n d itio n o f c o tto n o n O o to b e r i t o h a v e b e e n
75-4, a s o o m p a re d w ith 7 9 8 o n S e p te m b e r i , a d e c lm e o f 4-4 p o in ts .
T h e a v e ra g e c o n d itio n o n O c to b e r 1. 18-*7, w a s 70, a n d th e m e a n o f
1h e O c to b e r a v e r a g e s o f th e l a s t t e n y e a r s is 78-9. T h e d e c lin e d u r in g
S e p te m b e r, th o u g h b y n o m e a n s u n ifo r m , a ffe c te d t h e e n tir e c o tto n 
p ro d u c tin g re g io n , b e in g 2 p o in ts in S o u th C a r o lin a , l'e x a s a n d T e n n e se e , 4 o o tn ts in A la b a m a , 5 in G e o rg ia a n d A r k a n s a s , 6 in M ississ
ip p i, 7 in V irg in ia a n d F lo r id a , 8 in N o r th C a ro lin a , 9 in L o u is ia n a , 1 5
in O k la h o m a , a n d 2 2 in In d ia n T e r r ito r y .
T h e a v e ra g e s of th e S ta te s a r e a s fo llo w s : V irg in ia 84 , N o rth C a r o 
lin e 76, S o u th C a ro lin a 7 9 , G e o rg ia 75, F lo r id a 66, A1 a b a m a 7 6 , M iss
is s ip p i 72, L o u is ia n a 67 , T e x a s 73 , A r k a n s a s 84, T e n n e s s e e 93, M is
s o u ri 93, O k la h o m a 7 5 , I n d ia n T e r r ito r y 76 .

84

93
93
76
75

70
78
74
70
76
73
74
72
64
67
65
74
*5
90

03
CD

5“
64
67
67
66
61
60
61
57
53
69
r. 9

iH

78
6s
64
72
64
70
67
64
58
7 ‘2
70
85

89
>•1
79
79
7 ‘2
84
60
89
88
79
79
90

-A.

P3
76
62
76
84
76
73
71
65
71

71
59
7
75
63
69
72
7)
77
74
75

fH
03
CD
H

72
7(>

72
78
74
76
74
79
7*

76
70

75

92
91
83
82
HI
Ho
75
83
77
80
83

58
72
81
87
88
87
79
83
7H
83
82
80

00

1887.

«4

76
79
75
66
76
7 ‘2
67
73

CD

1889.

V irg in ia.
No. C arolina
So. C arolina
G eo rg ia .. .
F lo rid a .. ..
A la b a m a . ..
M ississip p i..
L o u isia n a __
T exas.............
A rk a n sa s . . .
T en n essee .
M issouri.......

<x

»

1890.

S ta te s.

11892.

That the reader may have for comparison the condition,
according to the Agricultural Department, for October 1
for a series of years, we give the following, collated from its
reports:
1893.

W e a t h e r R e p o r t s b y T e l e g r a p h . —Telegraphic advices
to us this evening indicate that on the whole the weather has
been quite favorable at the South the past week, and as a
result the work of gathering the crop has suffered little or
no interruption. Marketing, while interfered with to some
extent by the yellow fever quarantines, has progressed rap
idly. The temperature has been lower as the week closes
and light frosts are reported at some points this morning.
Galveston, Texas.—The weather, as a whole, has been very
favorable for farm work during the week, and it has been
rushed generally. Rain is needed in many sections of the
State. We have had showers on two days during the week,
the rainfall being two hundredths of an inch The thermom
eter has ranged from 62 to 86, averaging 74.
Palestine, Texas.—It has rained on one day of the week,
to the extent of sixteen hundredths of an inch. Average
thermometer 67, highest 90, lowest 44.
Huntsville, Texas — Ground is about ready for fall plant
ing. We have had showers on one day during the week, the
rainfall being forty-eight hundredths of an inch. The ther
mometer has averaged 65, the highest being 89 and the low
est 50.
Dallas, Texas.—Crops are doing well, but more rain is
needed. There has been beneficial rain on two days the
past week, to the extent of sixteen hundredths of an inch.
The thermometer has averaged 76, ranging from 62 to 91.
San Antonio, Texas.—It has been dry all the week. Rain
is badly needed. Minimum temperature 60.
Luling, Texas.—The weather has been dry all the week.
Rain is needed. Average thermometer 76, highest 98 and
lowest 58.
Columbia, Texas.—Farm work is being rushed. We have
had rain on one day the past week, to the extent of thirty
hundredths of an inch. The thermometer has averaged 71,
the highest being 89 and the lowest 52.
Cuero, Texas. —There has been rain on one day during the
week, the precipitation being two hundredths of an inch.
The thermometer has averaged 75, ranging from 59 to 90.
Brenham, Texas.—Cotton is being marketed rapidly. We
have had rain on three days during the week, the rainfall
reaching one inch and eighty hundredths. The thermometer
has ranged from 53 to 91, averaging 72.
Corpus Christi, Texas.—We have had showers on three
days the past week, the precipitation being twenty-six hun
dredths of an inch. Average thermometer 76, highest 87 and
lowest 64.
Weatherford, Texas.—Dry all the week. Rain would be
beneficial. The thermometer has averaged 62, ranging from
40 to 91.
New Orleans, Louisiana.—Dry weather has prevailed all
the wt ek. Average thermometer 76.
Columbus, Mississippi.—The quarantine against yellow
fever retards business. We have had no rain during the
week. The thermometer has averaged 78, the highest being
90 and the lowest 44.
Letand, Mississippi.—There has been rain on three daj s dur
ing the week, the rainfall being sixty hundredths of an inch.
The thermometer has averaged 724, ranging from 46 to 91.
Vicksburg, Mississippi.—We have had rain on three days
during the week, the precipitation reaching one inch and
fourteen hundredths. The thermometer has ranged from 48
to 88, averaging 71.
Greenville, Mississippi.—The weather is clear and much
cooler, with light frost in Northern Mississippi.
Little Rock, Arkansas.—We had light frost this morning.
Rain has fallen on two days of the week, to the extent of
fifty-eight hundredths of an inch. Average thermometer 69,
highest 85 and lowest 53.
Helena, Arkansas.—While excess of moisture has damaged
cotton and retarded picking, farmers report the crop gener
ally as nearly as good as last year. It has rained lightly on
one day of the week, the precipitation being thirty-five hun
dredths of an inch. The thermometer has averaged 64, the
highest being 81 and the lowest 40, wirh light frost.
Memphis, Tennessee.—The local quarantine still hinders
wagon receipts. Light frost occurred this morning, on four
days later than the average date. No damage. There has
been rain on three days the past week, interfering with pick
ing. The rainfall reached sixty-four hundredths of an inch.
The thermometer has averaged 69, ranging from 52 4 to 84.
Nashville, Tennessee.—We have had ram the past week to
the extent of fifty-nine hundredths of an inch. The ther
mometer has ranged from 46 to 84, averaging 64.
Mobile, Alabama.—Picking is actively progressing. Rain
has fallen on two days of the week, to the extent of twentyfour hundredths of an inch. Average thermometer 75, high
est 87 and lowest 53.
Montgomery, Alabama. —The weather has been cooler since
Thursday, We have had rain on one day the past week, the
rainfall being fifty three hundredths of an inch. The ther
mometer has averaged 69, the highest being 86 and the lowest 52.
Selma, Alabama.-—There has been rain on one day the past
week, the precipitation reaching one inch and twenty hun
dredths. The thermometer has averaged 70, ranging from
48 to 89.
Madison, Florida.—We have had no rain during the’week.
The thermometer has ranged from 64 to 88, averaging 75.
Savannah, Georgia. The week’s rainfall has been six hun
dredths of an inch, on two days. The thermometer has aver
aged 76, the highest being 84 and the lowest 64.

805

1895.

15, 1898.J

1898.

October

80
91
75
79
8 to
m2
81
76
75
82
91
91

79
78
70
77
79
76
7T
78
7575
74

CO
00

A v e ra g e .. 7 5 4 7 0 0 6 0 7 65*1 82*7 7 0 7 "3 -3 75*7 80*0 81-4 78*9 7 6 -5
,v l a .n C h e s t e r M a r k e t . — j u r r e p o r t r e c e i v e d b y o a o i e
to - n i g h t fro m M a n c h e s te r s t a t e s t h a t t h e m a r k e t is fir m f o r
y a r n s a n d s t e a d y f o r s b i r t i n g e . The d e m a n d f o r I n d i a i s
good. W e g i v e t n e p r i c e s f o r t o - d a y b e lo w a n d lea> e t h o s e
fi r p r e v i o u s w e e k s o f t h i s a n d l a s t y e a r f o r c o m p a r i s o n .
1898.

1897.

8 H l b s . Skirt Ootfn
32« C ap. i n g s , common M id .
T w is t.
T fp ld s
to f i n e s t .

d.
d. a . d . a. d.
8ep. 9
4 0 t> 6 6^3
“ 16 5 71« ® 6 14 4 0 -0 6 6
“ 2 3 5 ^ ©6*4 4 0 1»6 6
“ 30
4 0 «6 6
O44c t,1 74 5 9 ir
4 0 t» 6 6
# 6 5 1<. 4 0 "®6 6

a.

3 9:(2
3&3a
3%
3ks
33^,

8 1* lb s . S k i r t  OotVn

32# Oop. i n g s , common
T w is t.

d.
6^8
6*4
6q6
B is
6*8

619

d.
®7>4
® 7 3 le
® 7 ie
® 7 !s
» 7 3 ,6
® 7 3 ,«

to finest.

a . a . a,
4 U a® 6
4 U s® 6
4 1 »8
4 I ®6
4 lia » 6
4 1V ® 6

M id .
TJptdb

d.
d
4*e
7ki
7 k 33 I 6
7k> 327,2
327s2
8
32832
9
7ki

N e w E n g l a n d C o t t o n M i l l S i t u a t i o n . — The

weavers in
the Barnaby Mills, Fall River, struck Oct. 10 agaipst a re
duction in the price paid for wt aving certain grades of fancy
ginghams and are still out. The situation at the Border
City mill is unchanged. A new plan to improve the goods
situation at Fall River is now being discussed, and the men
at the head of the movement believe it will go into effect.
The new plan contemplaies putting certain grades of goods
into the hands of a committee who shall act as selling agents
and also covers some curtailment of production.
J u t e B u t t s , B a g g i n g , &c.—Ths re has been a good demand
for jute bagging the past week, but there has been no change
in quotations. The close to-night is at 6‘^c. for
lbs- and
6jjj(c. for 2 lbs. of standard grade. Car-load lots of standard
brand are quoted at 6LgC. for \% lbs. and 6^c. for 2 lbs.,
f. o. b. at New York. Jute butts have been in fair request
for parcels to arrive at '90c. for paper quality and \%c. for
mixing.
E g y p t i a n Crop.—Mr. Fr. Jac. Andres, of Boston, informs
us that he has the following by mail, under date of Sept. 23,
from the Anglo-Egyptian Bank, Alexandria:
C o n sid e rin g th e r e m a rk a b le r a p id ity b y w h ic h o u r l a s t c ro p of 843,211 B. (in c lu d in g 6 1 ,0 b 8 B. fo r U . S. a n d J a p a n ) h a s b e e n a b so rb e d , i t
Is n o t s u rp ris in g t h a t o u r p la n te r s fe e l in d is p o s e d to s e ll b e lo w th e
p ric e s n o w ru lin g , e sp e c ia lly sin c e d a m a g e fro m s h o r ta g e o f ir r ig a tio n
a n d o th e r o a u se s is co n firm ed . E n g a g e m e n ts fo r O c to b e r s h ip m e n ts
a r e la rg e a n d o fferin g s v e ry sm all.

[V ol LXVII

THE CHRONICLE

806

S h i p p i n g N e w s .— A s s h o w n o n a p r e v i o u s p a g e , t h e
e x p o rts o f c o tto n fro m th e U n ite d S ta te s th e p a s t w e e k h a v e
r e a c h e d '218,813 b a l e s . T h e s h i p m e n t s i n d e t a i l , a s m a d e u j
f r o m m a il a n d te le g r a p h io r e t u r n s , a r e a s fo llo w s ;
T o ta l b a le*

N e w Y o r k —T o L iv e rp o o l, p e r s te a m e r s T a u rio , 1 ,3 4 7 u p la n d
a n d 70 S e a I s l a n d ................................................ . ............. ................
To H u ll, p e r s te a m e r Id a h o , 2 ,Q39 .................................................
T o H a v re , p e r s te a m e r L a T o u r a iu e , 1 5 0 u p la n d a n d 6 0 8 e a
I s la n d
....................................................
.....................................
T o B re m e n , p« r s te a m e r B a r h a r o s s a , 3 ,0 8 1 ...............- ...............
T o G e n o a , p e r s te a m e r s A u r e ttf l ,2 o 0 — F u ld a , i , 1 6 l ..........
T o N a p ie s, p e r s te a m e r F u ld a, 1 0 0 ................................... ............T o V e n ice , p e r s te a m e r A u r e tta . 6 0 0 .................. ...........................
T o T r ie s te , p e r s te a m e r A u r e tta . 2 0 0 ..............................................
N e w O r l e a n s —T o L iv e rp o o l—G ot. 7 —S te a m e r G a d ita n o , 4 ,5 5 5
O ct. 1 0 —S te a m e r C o s ta R ic a n , 6 ,0 8 2 ___ O ct. 1 1 —S te a m e r
W in . Cliff, 5 ,4 5 8 ___ O c t, 1 2 - S te a m e r C ra fts m a n , 12 ,4 0
. . . O ct. 1 4 —S te a m e r E le o tr ic ia n , 5 ,8 0 0 .....................................
T o B e l f a s t—O ct. 1 0 - S t e a m e r T o r r H e a d , 4 , 0 4 8 . . . . ................
To B r e m e n - O o t. 7 —S te a m e r K e n d a l, 4 .7 7 5 ...............................
T o H a m b u r g - O ct. 1 3 —S te a m e r G le n g o ll, 1 ,2 5 9 .......................
T o B a r c e lo n a - O c t. 1 4 —S te a m e r J J o v e r L e rra . 2 ,5 5 3 ..........
T o M a la g a —O ot. 1 4 —S te a m e r J -lo v e r S e rr a , 1 , 0 0 0 .. . ..........
G a l v e s t o n —T o L iv e r p o o l—O ot. 1 0 —S te a m e r W e r n e th H a ll,
1 0 ,7 4 6
O c t. 1 1 —S te a m e r D ro m o re , 1 0 ,2 6 8 ___O c t 1 2 S te a m e rs N ith , 6,7 9 1 ; O tte rs p o o l, 8 ,6 0 2 ...................................
T o M a n c h e s te r—O ct. 8—S te a m e r E th io p e , 8 ,0 0 8 .....................
T o H a v r e —O ct. 13 S te a m e r C o n so ls, 1 1 ,0 3 5 .................. ........
T o R o tte r d a m —O o t. 7 —S te a m e r C le m a tis, 2 0 0 — O ot. 1 3 S te a m e r L ai- h a m , 1 ,1 7 4 ,..................................................................
T o C o p e n h a g e n —Oor. 1 0 —S te a m e r N ic o la i I I ,, 3 ,3 1 3 ..............
T o G e n o a - O c t. 7 - S t e a m e r A u re o la , 4 ,9 5 9 .................................
C o r p u s C h r i s t i , A c .—'T o M ex ic o , p e r r a ilr o a d , 8 8 1 ............. . . .
P e n sa c o l a —T o L iv e rp o o l—O c t. 1 0 —S te a m e r L u g a n o (a d d i
tio n a l) , 5 6 1 . ........................................ ...............................................
T o H a m b u r g —O ct. 8 —S te a m e r O a stillia , 2 ,5 0 0 ........................
M o b il e —T o L iv e rp o o l—O ot. 13 —S te a m e r M obile. 9 ,8 4 5 .......... .
S a v a n n a h —T o B re m e n —O ot. 8 —S te a m e r N e th e rd e ld . 1 0 ,5 0 1 ..
B r u n s w ic k —T o B r e m e n - O c t , 8—S te a m e r P o ck lin g tO D , ,9 1 0
C h a r l e s t o n —T o B re m e n —O ct, 8 —S te a m e r Im a n i, 1 4 ,1 0 0 —
O c t. 10—S te a m e r J u n o , 7 ,3 0 0 ........................................ ................
To H a m b u r g —O ot. 1 2 —S te a m e r S t. G e o rg . 3 ,0 0 0
............
W il m in g t o n —T o L iv e rp o o l—O ot. 10—S te a m e r T e n b y , 1 4 ,6 4 2 .
T o G h e n t O c t. 7 —S te a m e r K n u ts fo rd , 7 ,3 4 0 .............................
N o r f o l k —T o R o tte r d a m —O ot. 1 1 —S te a m e r S a p p h ire , 5 0 ___
B o st o n —T o L iv e rp o o l—O ct. 4 —S te a m e r A rm e n ia n , 5, 9 0 —
O ot. 6 - S te a m e r N e w E n g la n d , 5 0 6 ___ O c t. 7 —S te a m e r
R o m a n , 3 ,3 8 5 ___O ct. 1 0 —S te a m e r C a m b ro m a n , 3 ,0 4 4 —
O ct. 1 1 —S te a m e r L a n c a s tr ia n , 8 9 9 ___O ct. 12 - S te a m e r
C a ta lo n ia , 1 ,8 4 1 ...................................................................................
T o Y a r m o u t h - O c t . 1 0 —S te a m e r Y a rm o u th , 1 0 0 ......................
B a l t im o r e —T o L iv e r p o o l—O c t. 12—S te a m e r In d o r e , 5 ,8 3 6 ----To H a m b u r g —O ct. 6 —S te a m e r A m b r la , 1 0 0 .............................
To R o tte r d a m —O ct. 7 —S te a m e r U rb in o , 9 8 0 ........ ....................
T o A n tw e rp O ct. 7—S te a m e r S to rm K in g , 1 6 9 ........................
P h i l a d e l p h ia —T o L iv e rp o o l—O c t. 8 —S te a m e r A d ria , 3 0 0 .___
S an F r a n c isc o —T o J a p a n —O ot. 1 1 —S te a m e r G a e lic , 5 5 6 ........

1,417
2 ,8 3 9
210
3 .0 1
1 ,3 6 4
100
600
200

3 *,305
4,0 4 8
4,7 7 5
1,259
2,5 5 3
1,0 0 0
3 6 ,1 0 7
8 008
1 1 ,0 3 5
i ,174
3,3 1 3
4 ,9 5 9
881
561
2,5i»0
9 ,8 4 5
1 0 ,5 0 1
1,9 1 0
2 1 ,4 0 0
3 ,0 0 0
1 4 ,6 4 2
7 ,3 4 0
50

981

1 5 ,2 4 5
100
5 ,8 3 6
100
9 80
169
300
556

T o 'a l.

9,881

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

881
9,845

3,0 3 1
1 0 ,5 0 1

1,910

2 4 ,4 0 0

21,982

556

50
1 5 .3 4 5
7,0 8 5
3 00
558

5 5 6 2 1 8 ,8 1 3

To Japan since September t shipments have been 556
bales from Pacific Coast.
Cotton freights at New York the past week have been
as follows.
S a tu r .

M on.

T ues.

W ednes.

n e4
L iv e r p o o l............. d .
» 6
“ (4
. .. .
....
....
....
............. d .
Do
40!
40'
40t
40t
H a v r e . ....................c.
37t
37!
37 i
37!
B r e m e n ..................c.
351
35-t
35!
351
H a m b u r g _______c.
32% t
A m s te r d a m .......... c. 3 2 k '
3 7 %t
32%
50t
50!
501
50t
R e v a l, v. H a m h ,.c .
D o v . H u U ,..c . 48JS50I 48 3 50! 4 8 9501 4 8 3 5 0
80!
301
30!
R o tte r d a m ............ c.
35!
G e n o a ............. ....... c.
451
45!
45t
451
45t
4 5!
45t
T r i e s t e .................... c.
45!
A n tw e r p ............... d.
Bsa
6ia
“3a
532
G h e n t, v .A n tw ’p.d .
3J fi
31fl
h«
3tfl
t C e n ts n e t p e r 1 0 0 lb s .

T h u rs.

F r i.

. .. .
40»
37t
35
3 7% i
50!
483501
35
45t
45t
5s2
31«

40
37'
351
3 7 ia!
501
48 3 5 0
35
45
45!
*32
3 ,p

Liverpool.—By cable from Liverpool we have the follow
ing statement of the week’s sales, stocks, &c., at that port.
S e p t. 2 3 .

S e p t. 3 0 .

O ct. 7.

6 1 ,0 0 0
6 5 .0 0 0
B ales o l th e w e e k ........ ..b a l e s .
8 1 ,0 0 0
0 1 w h ic h e x p o r te r s t o o k . . .
2 ,5 0 0
2,3 0 0
1 ,9 0 0
200
000
O f w h io h s p e c u la to r s to o k .
1,4 0 0
5 9 .0 0 0
8 a o s A m e r lo a n ..........................
5 7 .0 0 0
7 6 .0 0 0
5,000
A o tu a e x p o r t ............................. .
2 ,0 0 0
5 8 .0 0 0
5 6 .0 0 0
F o r w a r d e d .....................................
6 7 .0 0 0
6 3 5 .0 0 0 *588,000
T o ta l s to c k —E s tim a te d ............ 6 6 7 .0 0 0
O f w h io h A m e ri c a n —E s tm ’d 5 9 2 .0 0 0 5 6 2 .0 0 0 * 4 9 5 ,0 0 0
2 2 .0 0 0
3 1 .0 0 0
T o ta l I m p o r t o f t h e w e e k ........
2 4 .0 0 0
2 7 .0 0 0
O f w h io h A m e ric a n ............ ..
1 7 .0 0 0
2 3 .0 0 0
8 3 .0 0 0
1 0 0 .0 0 0
1 8 8 ,0 0 0
A m o u n t a flo a t...............................
9 6 .0 0 0
8 4 .0 0 0
1 8 5 ,0 0 0
Of w h ic h A r a e r io a n .............
R e -c o u n t o f s to c k ; 2 6 ,0 0 0 b a le s d e d u c te d .

<t«t. D pi-as.
*o«o. & e x p .

S a t 'd a y .

M o n d a y - T u e s d a y . W ed ’d a y . T h u r s d ’y

Pair
Quieter. business
doing. Easier.
33sa
8 .0 0 0
500

F r id a y

Pair
Fair
Active. business
doing. business
doing.

3 \u

3*16

8*aa

8*82

3*32

1 2 ,0 0 0
1 ,0 0 0

1 2 .000
50 0

1 5 ,0 0 0
1,000

1 2 ,0 0 0
500

1 2 ,0 0 0
500

Steady
a«
Steady
ai
Steady
ni
partially
H4 2 ft4 Steady,
partially
1-64 dec. Quiet. l decline.
I <54adv. Steady.
Barely Quiet
Barely Steady Quiet.
M a rk e t, /
Quiet. steady.
steady.but steady.
4. P. m. I
F u tu re s.

P.

The prices of futures at Liverpool for each day are given
below. Prioes are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
T h e p r i c e s a r e g i v e n i n p e n c e a n d 6 4 to s .

O ct. 14.

7 4 .0 0 0
1,4 0 0
800
6 8 .0 0 0
4 ,0 0 0
6 7 .0 0 0
5 4 5 .0 0 0
4 7 1 .0 0 0
4 6 .0 0 0
4 1 .0 0 0
2 7 1 .0 0 0
2 7 0 .0 0 0

Thus :

2 6 3 -6 4 d ., a n d 3 01 m e a n s 3 1 -6 4 d .
S a t.
O ct. 8 to
Oct. 1 4

m on.

P M. P M. P
12>*
i.

* <'0
2 63
2 62
2 62
2 62
2 6<
3 0
3 01
3 02
3 0i
3 03

<

3 04

M exico,
G r e a t F r e n c h G er- s—O lh. FP rope—-.
B r iV n .
p o r ts , m a n y . N o r th . S o u th .
<£c. J a p a n .

T o t a l . . - .1 3 3 5 0 3 1 1 ,2 4 5 4 7 ,2 6 7 1 4 ,4 8 5 1 0 ,7 7 6

S p o t.

M a rk e t, )
1:45 P. M.J

M a rk e t, j
l 45
54.1

_______2 1 8 ,8 1 3
Total..........................................................
The particulars of the foregoing shipments, arranged io
our usual form, are as follows.
N ew Y o rk .
4 ,3 0 6
2 1 0 3 ,0 8 1 ............ 2 ,2 6 4
N. O rle a n s .
3 8 ,3 5 3
. 4 ,7 7 5 1 ,2 5 9
3 ,5 5 3
G a lv e s to n . 4 4 ,4 1 5 1 1 ,0 3 5 ......... 4 ,6 8 7 4 ,9 5 9
881
C or. C., &c......................................... - ................................ .............
M o b ile ........ 9 ,8 4 5 ........................................................
P e n s a c o la .
561
. 2 ,5 0 0
. 1 0 ,5 0 1
S a v a n n a h ..
. >,910
B ru n s w ic k
..........
. 2 4 ,4 0 0
C h a r le s to n
..........
7,340 ...
W ilm ln g t'n 1 4 ,6 0 2
........
50 ...
N o r f o lk .. . .
100
B o s to n . . . . 1 5 ,2 4 5
B a ltim o re . 5 ,8 3 3
TOO i',149
300
B h iT d e lp ’a
B an F r a n ..

The tone of the Liverpool market for spots and futures
eaoh day of the week ending Oot. L4 and the daily closing
prices of spot cotton, have been as follows.

I

1 45
M.

i.
i.
3 00 3 01
3 Oo 3 00
2 6 2 2 83
l 62
2 62 2 63
2 63 3 00
3 0 0 01
3 01 3 01
3 02 3 02
3 03 3 03
3 03 3 04
3 0 4 3 05

i 63

3

T ues.

W ed.

2 63 w ean *

F ri.

T h a r* .

4

*
P P. M.
p M. P M. P M. P 4M . P1 45
X. P M.
i
i.
d.
i.
d.
i.
1.
i.
i.
3 0 0 2 63 2 63 3 0 0 3 00 2 63 2 63 2 63 3
4 1:45 4 1 45
M.
P M.

2
2
2
2
2
3
3

63
62
62
62
63
00
01
3 02
3 03
3 03
3 04

2
2
2
2
2
2
3
3
3
3

6i
61
61
62
62
62
00
01
02
03
i 03

2
2
2
2
2
3
3
3
3

63
62
62
62
63
00
01
01

3 0i»
l 63
2 63
2 63
3 00
3 01

3 01

3
03 3
3 03 3
3 03 3

02
03
04
04

1 45

2 63
l 62
2 62
2 62
2 63
3 00
3 01
3 02
3 02
3 Oi
3 04

2
2
2
2
2
2
3
3
3
3
3

62 2 6 2
61 2 62
2 62
62 2 62
63 l 63
63 3 00
00 3 00
01 3 01
02 3 02
03 3 03
0 3 3 03

61

2 63
*2 62
2 62
2 62
2 63
3 00
3 01
3 01
3 02
3 03
3 03

2
2
2
2
2

3

3

00
63
62
62
63
63
00

OL

6 02

3 02
3 03
3 04

BREADSTUFFS.
F r i d a y , October 14 1898.
A fairly large volume of business has been transacted in
the market for wheat flour, as the upward tendency to
values for the grain, due to the unusually active export de
mand, has had a tendency to give buyers increased confi
dence in the situation, and they have placed orders with
some show of freedom. Values have advanced, quoted prices
having been marked up 10c. per bbl. in some instances. Ad
vices received from the Northwestern mills reported large
sales on Tuesday and Wednesday. City mills also have re
ported a good business. Rye flour has had only a limited
sale, but prices have advanced. Buckwheat flour has been
in fair demand and steady. Corn meal has had a fair call
from the home trade at steady values.
Speculation in wheat for future delivery has been fairly
active, aud tlie tendency of prices has been towards a higher
basis. The feature has been an unusually active demand for
cash wheat, the reported purchases by shippers on Monday,
Taesday and Wednesday Being in excess daily of 1,000,000
bushels ; in fact the volume of export business transacted
for the week, it is stated, is close to record breaking figures.
Tois demand has been stimulated by the strength of the
statistical position, together with the reports that the
Russian crop will be shorter than had been gener
ally expected. The strained political situation abroad has
also been mentioned by some as having had its in
fluence in stimulating the demand. The movement of the
crop has been large, winter-wheat farmers marketing their
holdings with greater freedom now that prices have reached a
more satisfactory basis. In the Northwest the receipts have
continued to show quite large totals. The activity of the ex
port demand, however, as above noted, tpgether with firm and
advauoing foreign markets, have served to fully offset the
large supplies of the domestic crop coming into sight. As
going to show the strength of the statistical position, the fig
ures of the visible supply of the United States and Canada are
cited. They show a total of 13,210,000 bushels, against 22,794,000
bushels this week last year aud 52,434,000 'bushels for the
same week in 1896. To-day the market declined early in re
sponse to weaker European advices. Subsequently, how
ever, advanced on a demand from shorts to cover contracts,
stimulated by a revival of the active export demand. Busi
ness in the spot market was active, as exporters were large
buyers, their reported purchases to-day, here and at outports, amounting to about 1,200,000 bushels.

DAILY CLOSING PRICES OF NO. 2 BED WINTER IN N E W
8 a f.

C a sh w h e a t t o. b ............. 73%
Deo. d e liv e ry in © lev........ 69 >a
M ar. d e liv e ry in e le v ___ 7 0 H
M ay d e liv e ry in e l e v . . . . 68%
DAILY CLOSING PRICES OF
O ct. d e liv e ry in e lo v ........
D ec. d e liv e ry in e le v ----M ay d e liv e ry i n e l e v . . . . .

YOR
M on.
T u e s . TFcd.
T h u rs.
74
74»e
74*e
73%
70
70%
71%
70%
71%
71%
73
72%
69%
69%
70%
70%
2 SPltlNO IN C H I C A G O .

NO

S a t.

M on.

63%
62%
64*s

63%
03%
05 %

Tues.

64%
04*6
6 5 1*

W ed .

64%
64%
65%

K.
F ri

7 4 7e
71%
73%
70%

T h u rs.

F r i.

65
0 4 78
05%

65%
65
63%

Indian corn futures have been moderately active, and prices
have advanced The principal strengthening features have
been an exceptionally active export demand, as shippers have
been large buyers of this grain as well as wheat, their pur-

THE CHRONICLE.

O ctober 1 5 , 18»».

807

T h e p r e lim in a r y e s tim a te of th e y ie ld p e r a c r e o f b a rle y is 2 1 6 b u s h 
chases on Tuesday and Wednesday amounting to about 3,000,
els, o r 2 9 b u s h e ls p e r a c r e le s s t h a n in 1897, a n d 1*3 b u s h e ls b -d o w
0( 0 bushels. Foreign advices have reported firm and ad van
th e m e a n of th e O c to b e r e s tim a te s fo r th 9 l a s t te n y e a rs . T h e a v e r a g e
ing markets, and the Government report indicated a some fo r q u a lity is 9 1*3, a s c o m p a re d w ith 87 6 l a s t y e a r .
what smaller yield than had been generally exp-cted, and T h e p re lim in a ry e s tim a te of th e y ie ld p e r a c r e o f r y e is 1 V 6 b u s h e ls .
h is is liv e te n th s o f a b u s h e l let*s th a n th e a v e r a g e o f l a s t y e a r, b u t
these factors also had a strengthening influence. T2-2
th e m j a n of th e O c to b r a v e r a g e s fo r te n v e a rs.
The following figures, compiled by the Bureau of T h e ba uv sehr ae glse aofb oqvuea lity
r e p o r te d is 90-1, a g a i n s t 9 2- o n e y e a r ago.
statistics, are worthy of note. The imports of corn into Ger T h e c o n d itio n of b u c k w h e a t h a s d e c lin e d s in c e S e p t 1 12 6 p o in ts ,
e in g n o w 76-2. T h is is 14 6 p o in ts b e lo w th e a v e r a g e o n O ct. 1,
many for the eight months ended August 31st show a total b1897,
of 3o,183,000 bushels, against 23,000,000 bushels for the same l a s t te ann yd e 8a r38-p o iu ts b e lo w th e m e a n of th e O c to b e r a v e r a g e s o f th e
time last year and 10,900.000, for the corresponding period in T h e c o n d itio n of Ir is h p o ta to e s d e c lin e d 5 2 p o in ts d u r in g S e p te m 
1896. The imports into France for the same period were this b e r. W hile i t is s till 10 9 p o in ts h ig h e r t h a n th e O c to o e r c o n d itio u
p o ia ts b e lo w t h e m e a n o f th e O c to b e r a v e r a g e s of
year 8,< 00,0( 0 bushels; in 1897, 5,000,000 bushels; in 1896, 3,- ltha set lay esat r,te int yise a r2-7
s
700 000 bushels. Other Europe took 33,000,0(0 bushels, against T b e a p p le r e p o r ts sh o w a c o n tin u e d d e c lin e in e v e r y S ta te in w h ic h
15.000. 000 bushels in 1896. Imports into British North Amerth is c ro p is of a n y c o m m e rc ia l im p o r ta n c e , e x c e p t in M ain e, M iehis k a a n d O re g o n , w h e re a s lig h t im p r o v e m e n t is m d ic a t^ d .
ica were 19,( 00,000 bushels, while in 1896 they were only g iTn h, eNyeieb ra
p e r a c r e of h o p s is g e u e r a lly iu e x c e s s of la s t y e a r, C a li
5.000. 000 bushels. To-day the market was firmer on an fo r n ia , w ld
h e re th e y ie ld w ill p r o b a b ly n o t e x c e e d 1,0 JO p o u n d s to th e
active export demand and poor crop accounts. The spot a c re , b e in g th e o n ly e x c e p tio n .
market was active; the sales to day for export here and at T h e to b a c c o ic p o r ts a s a w h o le a r e s o m e w h a t le s s fa v o r a b le t h a n
l a t m o n th . P e n n s y lv a n ia , M a r y la n d , V irg in ia a n d N o rth C a r o lin a
outports were 600,0(0 bushels.
sh o w in g a d e c lin e o f 19. 10, 7 a n d 8 p o in ts re s p e c tiv e ly . K e n tu c k y ,

DAILY CLOSINGPBICE OF NO. 2 MIXED COBN IN N E W
8

M on.

S a t.

C ash c o m 1. o. b ...........
D ec d e liv e ry in elev .
M ay d e liv e ry in e le v .

..

35%

36%

W ed.

Tues.

37%
... 34%
36%
CES OF NO. 2 MIXED COBN IN
Jf o n . T3 u0eiss . W ed.
S a t.
3016
2 9 ’-a
O ct. d e liv e ry in e le v ____. 229^4
9b,
3012
3 0 Sj
29%
Jiec. a e l iv e iy in e ie v .......... 29=8
29%
3 2%
32%
3 .%
M ay d e liv e ry in e l e v ___.. 3 1 %
...

35^

V O lR K .

T h u rs.

F r \.

3 7 i3
37%
3 7 ie
3 fi%
36
36%
38
38%
3 8 ie
C H IC A G O .

37
3 5 78
37%

T h u rs.

F r i.

303s
30 %
32%

30%
31
3314

h o w e v e r, r e p o r ts a c o n d itio n in d ic a tin g 9 J p e r o * n t of a fu ll n o rm a l
c ro p , an im p r o v e m e n t of 4 p o in ts d u r iu g th e m o n th , w m le Tennessee*
W isc o n sin a n d N ew Y o rk r e p o r t 9 7 , 98 a n d 100 p e r c o a t, re s p e c tiv e ly .

THe average indicated yield per acre of the various crops
for a number of years is as follows:

AVERAGE YIELD PER ACRE—BUSHELS.

1898.
W h e a t ..
R v e . . . . ...1 5 - 6
O a t s .. .. ...2 7 * 8
B a r le y .. ...2 1 * 6

1897.
13-4
16-1
28-1
245

1896.
11-9
13*3
24*3
23 6

1895.
12-5
14-4
29*6
26*4

1894.
131
13-7
24*5
19*3

1893. 1892. 18 9 1 .
11-3
13*4
15*3
13-3
14*4
12-7
23*5
24*3
28-9
21-7
23*7
25*8
O 1 October 1 is

Oats for future delivery have been neglected in the local
market, but at the West the trading has been fairly active,
and prices have advanced in sympathy with the rise in
The average condition of corn, cotton, &C.,
values for other grains. Exporters have been fairly large
buyers in the cash market, particularly on Tuesday and shown in the following :
CONDITION OF CROPS.
Wednesday, when their purchases amounted to close to
1898. 1897. 1 8 9 6 . 1895. 1894. 18 9 3 .
500,000 bushels, and this, too, had a strengthening influence
90*5
95*5
77-1
64*2
75*1
upon values. To-day the market was firm but quiet. The C o r n ........... 82*0
B u c k w h e a t 76 2
86*0
90*8
84-8
72-0
73-5
spot market was firmer but quiet.

DAILY CLOSING PRICES OF OATS IN N E W

N o.

D eo . d e liv e ry in e l e v ___

Tues.

YORK.

S a t.

M on.

27
2914

27
29

2 7 14
29 %

W ed.
27%
2 i%

22^8

2 2 78

23%

23

T h u rs.

F r i.

27%
29%

27%
30

2338

2330

OF NO 2 MIXED OATS IN CHICAGO
W ed.
T h u r s . F r i.
S a t.
M on.
Tues.
223q 22 %
22
21%
21^
21%

Rye has been purchased with some freedom for export,
sales for the week amounting to about 400,000 bushels, and
prices have advanced. Barley has been in only limited de
mand, but values have been firmly’ maintained.
The following are closing quotations:
FLOGS

F in e ............................. $ 2 15 ® 2 4 0
P a te n t, w i n t e r ____ * 3 60 9 1 8 5
S u p e rfin e .................... 2 3 5 » 2 50
C ity m ills, e x tr a s
4 5 " * 4 75
E x t r a , No. 2 ............. 2 6 1 9 2 80
R y e flo u r, s u n e r d u e 3 0 0 9 s 3 i
E x t r a , N o. 1 ............. 2 7 0 9 3 10
B u c k w h e a t f lo u r ... 1 3 5 9 1 6 5
C l e a r s ......................... 3 0 0 9 1 5 0
C o rn m e a l—
S tr a i g h ts .................... 3 2 0 9 3 9 1
W e s t e r n , e t o . .. .. . 2 0 0 9 2 05
P a te n t, S p r in g ____ 3 7 5 9 4 5 0
B ra n d y w in e .
2 10
[W h e a t flour In sa o k s sella a t p ric e s b elo w th o s e l o r b a r r e ls .l
W - e a t—
N 'th 'n D u ln th , N o. 1
R e d W in te r, No.
N o rth e rn , So. 1 . . .
O a ts —M ix ’d , p e r b s h .
W h ite ..
N o. 2 m ix e d .............
No. 2 w h ite ... __

GRAIN.

e.
o.
73% ® 7 5 %
7 2 % ® 7 i%
7 2 b 974b
2 6 b 928%
2 7 9 33
27% 928%
30 9 3 1

C o rn , p e r b u s h —
o.
o.
W este rn m ix e d .. . . . . . . S6% ® 38
N o. 2 m ix e d ................... 3 6 3 1 9 3 8
W e ste rn Y e llo w ............ 3 7 9 3 8 %
W e s te rn W h ite ..............37% ® 38%
R ye—
W e s te rn , p e r b u s h ___5 3 b © 5 5 b
8 ta te a n d J e r s e y ..........5 0 9 5 5
B a r le y —W e s t e r n ...........4 4 9 5 3
F e e d in g .......... ................3 6 b » 3 9 b

A g r i c u l t u r a l D e p a r t m e n t ’s O c t o b e r R e p o r t .— The re
port of the D3partmeat of Agriculture for October 1 respect
ing cereal crops was issued October 10, as follows :
T h e O c to b e r r e p o r t o f th e S ta tis tic ia n o f th e D e p a r tm e n t o f A g ric u l
t u r e sh o w s t h e a v e r a g e c o u d itio n o f c o rn o n O c to b e r 1 to h a v e b e e n 82,
a s c o m p a re d w ith 8 4 I o n S e p te m b e r 1. w ith 77-1 o n O c to b e r l , 1897,
a n d w ith 82*9, th e m e a n o f th e O c to b e r a v e r a g e s o f th e la s t te n y e ars.
A ll th e a v e r a g e s o f 100 o r u p w a rd r e p o r te d la s t m o n th h a v e d is a p 
p e a re d , e x c e p t in K e n tu c k y , w h e re c o rn h a s h e ld its o w n a t o n e p o in t
a b o v e th e s ta n d a r d . I n O hio a n d M isso u ri a lso th e a v e r a g e is th e
s a m e a s la s t m o n th , w h ile th e re is a n im p r o v e m e n t o f 4 p o iu ts iii
Illin o is , a n d a d e c lin e o f 4 p o in ts in I n d ia n a , 2 p o in ts in Io w a a n d 5
p o in ts in N e b ra s k a . T h r o u g h o u t th e S o u th th e d e c lin e is g e n e ra l

P o ta to e s . ..72*5
T o b a c c o ... . . . .
C o tto n ........75*4

61*6
70*3
70-0

81*7
76*9
60-7

87-4
80-3
65*1

64*3
84*5
82*7

71-2
74*1
70*7

1892.
79*3
83-6
66*7
83*0
73*3

1891
92*5
92-7
91*3
93*8
75-7

The indicated yield of oats for the whole counry for 1898
makes the following comparison with the results for the four
preceding years :

OATS CROP FOR FIVE YEARS.
In d ic a te d i P r o ProP ro 
P ro 
Oats.
P ro d ’ction d ic tio n ,
d u ct ion,
d uction,
d uction,
1694.
1897.
1890.
1895.
1894.
Bushels.
Bushel 8.
Bushels
Bushels.
Bushels.
Illinois .................... 73.283 0 0 92.7P8.4O0 84,581,952 73.707,130 109,050,302
Iowa.......................... 103,199,000| 103,721,100 105,641,855 182,967.388 90,556,072
Minnesota.................. 56,301,000' 41,147,002 56,760,330 77,v95.084 50,800.073
Wisconsin.................. 04,656,0001 62,125,310 65,257,076 63,020.269 57,870,014
Kansas....................... 30,9 j2,001 38,030,080 23,803,759 30,075,991
Ohio.......................... 27,717,001 29,907,892 30,079,260 31,404,^93 25,705,975
29,143,237
Missouri................... 15,378,000 83,078,106 19,850,490 30,647,699 25,440.944
Pennsylvania............. 87,098,0u0; 31,812,538 36,080,821 30,530.311 26,226,740
New York.................. 38,720,000 45,953,036 49,910,064 45,604.354 30,320,750
Michigan.............. ... 27,782,000 22.940,450 30,0?9,£00 23,265,192 24,429,574
Nebraska.................... 56,239,000 51,731,095 34,092,631 39,911.696 19,747.400
Indiana...................... 31,945,000 83,700,582 34,483.23? 25,895,595 35,809,040
North Dakota............. 15,074,000 11,397,144 11.238,788 19,067,914 14,114,0o7
South Dakota............. 16,107,000 13,047,620 17,957,446 18,154,774 6,992,972
Texas........... ........... 21,117,000) 16,311.150 12,068,840 14,509,179 20,013.119
Total..................... 6uw,047,00u 617,987,197 012.45P.483 712,786,520 571,281.517
Ail others.................
9I,78i,00l>| 80,780,612 94,834,971 111,058,017 90,805,411
T otal U. *...................... 703.840,00016^8.707.8' »9707.346,404 824.443,537 H02.O80.92S
1

Of other crops the indicated aggregate yield is as follows :

d u ctio n . P ro d u ctio n .
d u c tio n
1808.
1897. P roBushels.
1895. P Brou1891.
1896.
Bushels.
Bushels.
s h e ls.
Corn*..,
1,96
V--0
'
,
000
1,90^.067,933
2,383,875.165
2,151,138,580
1,212,770,"52
Rye
...
23.648.000
27,303,324
21,369,017
27,210,070
26,727,615
Barley.
56.620.000 66,685,127 61,605,224 87,072,711 61,100,165
* Estimate for 1894 based on acreage and conditiou percentages.
In d ic ’d Pro.Vn P ro d u ctio n .
Bushels.

Tne movement of breadstuffs to market as indicated in tbe
statements below is prepared by us from the figures col
lected oy tbe New York Produoe Exohange. The receipts ai
The condition of corn on October 1 in each of the last seven Western lake aa 1 river ports for the week ending Oct. 8, and
since Aug, 1, for each of the last three years, have-been as
years is shown in the following:
follows-

CONDITION OF CORN.

deceivts a t—
S la te s.

Illin o is.................
I«»wa....................
M isso u ri............
K a n s a s ...............
I n d ia n a ...............
N e b ra s k a ...........
O hio ...................
M ic h ig a n ............
W is c o n s in .........
M in n e s o ta .........
T e x a s ..................
T e n n e ss e e .........
K e n tu c k y ...........
P e n n s y lv a n ia ...

1898.
84
80
89
.*>8
91
57
92
b2
93
86
w7
96
101
90

1897.
SI
74
70
58
76
86
81
85
90
86
78
75
73
82

1896.

1895.

102
102
85
81
106
101
106
102
98
97
41
80
97
10 >

99
96
111
80
92
50
87
89
87
94
104
99
99
83

1894.
78
47
70
45
78
14
71
56
54
59
82
77
85

1893
66
93
89
64
61
65
70
64
86
95
"6
75
73
61

1892.
71
79
82
70
77
78
80
70
80
85
93
84
81
82

90-5
82*0 77-1
79*8
642
751
95-5
T h e u s u a l w h e a t r e p o r t is w ith h e ld , p e n d in g th e r e s u lt o f f u r th e r
in v e s tig a tio n s .
T h e p re lim in a ry e s tim a te o f th e y ie ld p e r a c r e o f o a ts is 27-8 b u s h 
e ls . T n is Is th re e -te n th s o f a b u s h e l p e r a c r e le ss t h a n th e p re lim in a ry
e s tim a te o f th e c ro p o f 1897, b u t 2 1 b u s h e ls p e r a c re a b o v e th e m e a n
o f th e p re lim in a ry a v erag e * o f th e la s t te n y e a rs . T h e a v e r a g e fo r
q u a lity is 83*3, a g a i n s t 87 6 o n e y e a r ag o .
A v ’g e U. S tatu s.

F lo w .

W heat.

Corn.

Jhlcago....... 85,168 1,580,734 4,093,340
Milwaukee
05,82 557.700 75,400
Duluth....... 190,085 8,048,729
Minneapolis.
1,357 2,550,09J 82,780
Toledo........
435,001 359,870
Detroit......
13,0Ol 209,454 47,237
Cleveland ...
45,904 160,544
St. Louis__ 20.280 085,183 347.990
Peoria........
9,280 15,800 508,850
Kansas City.
990,000 41,00<)
Tot.wk.’98. 393.820 10,702,755 5,070.212
Same wk.’97. 2P8.610 8,537,062 3,905,19e
4ame wk.’90. 270,781 7,533.369 3,855,244
Hnee A . 1.
1898............ 3,204,191 05,008,342 42,201,021
1897............ 2,813,732 68.280.950 04,393,816
1890 .......... 2,879,963 66,108,264 36,750,105

Oats.

1 Vu
Bii.60 lb .
931,8JO 230.760
67.4 Hi
208,921 89,533
....
....
.... - 10 236
24,033 35,591
107.260 1.48L
89,550 3,000
......... ....
2,021,751 423.60L
1,507,062 250,189
1,847,716 293,790
8.730,966 2,814,407
7,849,876 3,491,000
0.165,487 1,909,129

B arley.

Bbls.WQlb* Bush.QOlbs Bush.bQlbs Bush.S2lbs BushASlbs
1

2,211

1,111

uq

3.051,378
360, JO
17,617
429,55*
20,030
48.188
107,207
214,800
250,250
80.00o
4 047,973
4,910,178
5,822,867
41,803,747
49,883.995
42,406,349

000,20

The reoeipts of flour and grain at the seaboard ports foi tie
week ended Oct. 8, 1898, follow:
__

803

fVOL. LX\ II

THE CHRONICLE.
F lour .
bbls.

MR eceipts a i —

W h e a t,
bush.

l , 6O2,*00
8*3,008
366.021
M o n tre a l...............
830.070
PhUaflelphlit
,, 100.509
478,110
3.408
7,06*
R ichm ond.............
115,680
New Orleans*....... .. 13.482
N ew port News__ .. » j .« »
N orfolk........... .
342.000
0*1 t w too . . . . . . ..

Corn,

Oat*.

bush.

B arley.
bu sh .

bush.

600.575
171.269
145,305
038.500
265,601
10,37,
208,031
120,001

&in.
bu sh .

48,175

876,800
346.179
215.994
307.184
162/00
I t , 062
28.260
49.833

103.2*5
8.173
29.160
71,100
147,531
500

5,050
3,200

I T ooo

T o tal w e e k ...... 50S.188 8,817,981 2,869.691 1,077,509
51,425
358.685
W eek 13^7 ................ 550,911 3,899,608 £,493,628 3,530.771 282.832 250,740
• R e c e ip ts do n o t include i*ratn passiDK th ro u g h New O rleans to r f o re te s
p o rts on tbroturh b ills o f ladlmr

Total receipts at port3 from Jan. 1 to Oct. 8 compare as
follows for four years:
15.342.522

19.905.357

1897.

1896.
7,936,684

189o.
12,722,929

W h e a t......................bush. "93078.485
C o r n ..........................
M 158.648,095
Oats* .......................... M 75,830,055

60,602.977
151.311,630
65,753,319

60.385,527
69,296,463
53.116.529

30,127,688
37,353,550
31,701,460

R e ^ p tJ O f—

F lo u r ......................... Obis

1893.

Barley....................
3.206,783
are......... .
'• “ 11,549,938
311.003,355

T o tal g ra in -...

7,909.686
7,178,406

6,570.867
3.941.356

1,746.167
375,408

101.306,261

182,310,742

299.330.017

The exports from the several seaboard ports for he week
ending Oct. 8, 1898. are shown in the annexed statement
Peas,
Barley
R ye,
ZZT
*IFTifnf, Corn* Flour, Oats,
E x p o r ts fr o m — bush.

M ew Y o r k .......1.052.034
B o sto n ....... .
351,360
P o rtla n d .........................
P h ilad elp h ia.. 184,000
B altim o re....... 307,779
New O rleans................
N o rfo lk..................... .
N ew p’r t News ..

S72.7O0
311,465
023,524
807,710
240.215

bush.
5bbls.
94/98 301,882
38,843
58,325

*58.553 338,252
74,377 194,0X0
270
50
1,071
49.832
22.224
30,119 208,950
4X1

bush.

bush.

128,535

as......

49,611
04,285

T ill

9,747

bush.

_
--tr-

This imparts an easy tone to the market and a slight irregu
larity to prices. Overcoatings are inactive and prices irregu
lar, particularly in Kerseys. Cloakings are slow of sale but
without quotable change in price. Dress goods are dull for
new spring lines and reorders for fall goods indifferent.
Flannels and blankets quietly firm.
Domestic C otton G oods.—The exports of cotton goods
from this port for the week ending October 10 were 996
packages, valued at fid,810 their destitution being to the
points specified in the tables below:
N ew

Y ork

to

1898.

O ct . 10.
W e e k.

G re a t B r i t a i n ......................... ..
O th e r E u r o p e a n .......................

23
7
60

A r a b ia ............................ *.............
A fric a ....................... ....................
WeBt IndlBB.................................

3
162
212
76
150
2 92

C e n tra l A m e ric a .......................
S o u th A m e r i c a .. . ....................
O th e r C o u n tr ie s ....................

1897

S in c e J a n . 1.

W eek.

S in c e J a n .

2
27

2 ,7 1 2
8 50
1 2 7 ,9 9 5
9 ,7 8 7
2 7 ,5 2 0
9 ,3 9 0
1 1 .6 7 6
3 .5 7 2
5 ,9 7 3
3 3 ,5 3 9
1-4,051

1
191
55
101
1 ,8 1 0
97

3 .7 6 0
2 ,6 5 4
1 0 0 ,0 5 3
0,5 5 9
1 8 ,2 5 4
1 4 ,6 0 7
1 1 ,4 3 0
2,6 7 2
6,7 5 2
3 8 , 6 12
3 ,9 8 6

T o t a l ....................... ..............
C h in a , v ia V a n c o u v e r* ___

998

2 5 2 ,0 6 5
2 1 ,623

2 ,2 8 4
2 00

2 1 2 ,3 3 9
1 6 ,1 6 6

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

9 96

2 7 3 ,6 8 8

2 ,4 8 1

2 2 8 .5 0 5

* F r o m N e w K u jjla n a m ill p o in ts d ire c t.

The value of the New York exports for the year to date
has been $8,860,183 in 1898 against $8,305,516 in 1897.
The home demand for brown sheetings and drills has
again been indifferent and bids for export generally too low
T otal w eek..2,805,204 2,987,307 330,166 1,271.301 242,431
91,925 . .. .
Same tim e '97.3,698.862 1,968 139 185,735 908,315 100,153
19,254
44,469 for acceptance. Prices without quotable change, but tone
The destination of these exports for the week and since easy, Bleached cottons inactive and prices irregular. Wide
sheetings dull and unchanged in price. Cotton flannels and
September 1, 1898, is as below.
.--------- Flour. --------- , .— ---- W h e a l. -------- , ---------- Corn.--------- blankets firm with quiet business. Denim3 steady with in
|j Export* J ot
W eek Since Sept.
W eek Since S ep t.
W eek
S in ce Sent,
creased sales. Ticks still inactive; plaids in moderate re
w eek a n d since
O ct 8.
1,1898
Oct. 8.
1, 1898.
Oct. 8,
1,1898
quest; checks and stripes dull and all readily offered by
Sept. 1 to —
bbls.
bbls.
bush.
bu sh .
bush.
bush.
U nited Kingdom 203,540 1,141,241 1,723,743 10,430,218 1,011,073 7,688,399 sellers. Kid-finished cambrics barely steady. Fancy calicoes
C o n tin e n t............ 45,680
217.603 1,070,561 7,417,063 1,955,762 7,051,2-12 have sold indifferently this week and are still irregular in
S. & C. A m erica.
45.486
162,740
2.304
45
4,030
W est In d ie s ....... 19,887
131,922
.................................
6,875
77.691 price. Indigo blues and mournings in moderate request and
B r.N , Ara. Colo’s
1,883
26,436
...........................
9,020
78,606
O th er countries..
6.760
34,121
1,990
177,706
4,532
297,833 other prints quiet and easy, Fine printed wash fabrics for
spring in fair request. Fine ginghams are well sold for next
T o ta l............. .
326,106 1,714,063 2,805,294 18,036,371 2,987,307 16/97,840
V otal 1897............ 185.735 1.397,792 2.698,862 21,670,811 1,968.189 20 808,916 season; staple and dark dress gingaams quiet. Print cloths
The visible supply of grain, comprising the stocks in close firm, but without change in price, as prospects are con
granary at the principal points of accumulation at lake and sidered favorable to curtailment of production.
F o r e i g n D r y G o o d s . —This division of the market con
seaboard ports, Oct. 8,1898, was as follows:
tinues very quiet and business in both seasonable and spring
Oats
C om ,
R ye.
Barle y
W heat
bush.
bush.
bush.
bush.
bush.
1 I n store a t—
lines of disappointing volume. Dress goods of all kinds for
1,815,000
29,000
795,000
348,000
50,000
New Y ork...................
spring are backward and prices barely m detained. Silks
69.000
Do
a fle a t..........
60,boo
80.000
are, however, firm.
52,000
1,106,000
1,438,000
Buffalo........................ 641,000
503, Wf

Montreal...... 524.684
G alveston . . . . 385,437

120,000
151,694

Do
afloat..........
C hicago........... .......... 1,660,000
Do
afloat........
M ilw aukee..................
30,000
Do
afloat..........
D u lu th .... .............. .. 2,140,006
Do
afloat........ .
T o le d o ....... ..........
340,000

........

815,000

1,092,000

105,000

10,i'47,000

82,178

153.00O

112,000

6,000

104,000

60,000

023,6u

....

176,000

34.000

8.666

D e tro it.........................
Do
afloat........

153,000

140.000

10,bi U

29,000

6,000

S t Demis......... .
Do
aflo a t— ...
C in cin n ati...................
B o sto n .......... ...............

696,000

*88*000
199,0 a

17,606

1,666

15,000
1,080

796,000

34,000
29,OUt

9,000

14,000
584,000

371,000
287,000

17,000

M o n treal.....................
P h ila d e lp h ia .............
P e o ria ..........................

47.000
18.000
112.000
140,nor

625,000
58,000
50,000
1,159,000
670,000
1.052,000
1,144,000
,
2L406.0C0
37,704,000
14,408,000
5/76.000

Im p o r ta tio n s a n d W a r e h o u s e W it h d r a w a ls o f D r y H o o d s

The importations and warehouse withdrawals of dry goods
at this port for the week ending Oct. 13, 1898, and since
January 1, 1898, and for the corresponding periods of last
year are as follows:
S
»SS20«S
o
s
g flffs g

**42,000
' 12,000
10.000

2,COO
, "
24,000
32,000
169,000
to ©A 03
M
© o030’- 5>
625,000 139,000
89,000 108,001 03
s7 ©
©d mto03-3
toto
0
©030—303 M0 "o<j
d
A aAO
989,666
tod o to
©03
118,000 182,000 389.000
270,000 ©M1-TO tO00-103© cc cO
M M
5,469,000
aCO
to CD03©ACO -4— toACtOD 03©©d -3
718,000
lO
5.447,000 2.948,000
771,000 2,319,000
5,019,"O" o-1 too
©COM—30 <3 tOA 03A©to-1
13.382.000
2.772,000
r
pj © Mdto d A00CDM
tOOT-*
tP-q03 S3
9 533,000 2,092,000
2,920,0000 b M-I,o -4
/j OJM
4,029,000
700,000 3,027.0«
MWOOO®
t-*CO
eo
bKf CD M00 003 tOAtO
to MM 0 © AM
-o
Ctd GooO M
AM
M
CA© MM
toCDd too S3 03 ©M
Acod*-*«q
©A d©
THE DRY GOODS TRADE
OX)
MCD3DA©A'
-l Ato A*oddtoOOO
tocoto
©d
A
©
—c
N ew Y ork , F r id a y , P. M., October 14, 1898.
to d A tOCDA©03 © d — Ad© ncn
The market has shown a further decrease in the business <1 ©M
td to CM totO03tO
passing during the week, both the reorder demand for sea A 003 to030303 O -q
03
C
D
A
b^OHO
sonable goons and business doing on spring account proving to *-03 ©A ©O' A Cfi dA "tobl A m©©b
03Ad
A©
d
-i o03M
a
quiet. The weather has been against a good distribution of
-toC-©
AM
©to
©o ©MOd
-OA ©A
fall merchandise from the hands of retailers, and there are cc d©
d fOO0003©
CO (X©I d©
-JO
A© 030 03
complaints of retail trade here and elsewhere proving so far
decidedly unsatisfactory. Cold weather would, however, -i
o d d to i- M
A d®•<> to-1C»0M©toO M
speedily improve conditions. There has been very little de to
todcc»-co
kO —
to ©©
—o CJICOOOM
mand from Southern markets, the spread of jellow fever c —so <1 * 03d ©
z
M
M
r
seriously checking business and transportation. The tone of
to-i- 1 tO03tOd 03 bw M-1 MM03
the primary market shows no material change. In cotton ft) cep
—
0O©000310 t5 -4 O <1 CO©HtO©
to
goods there is no real pressure to sell, but buyers find it easy
OMMC—0Q
OT. oA "0• IW
03 ccO—
O- l A- CM©tO
—cd
K)doc
03-4
to operate on the basis of current prices, with here and there 03 003
00 J, Q*—
W c d ©d CMtOOO©
a tendency in their favor. In woolens also buyers can secure
*D
CDCD M M A
» d occasional advantage, but there is no quotable decline to
^ to -4© O'03
d©
be recorded. Collections are reported generally satisfactory. 03 030 -1CDA 03A
a 003 ©dA©to
beDeO , -4o o bt lOA-q-q©
©boCD©CD
W O O L E N G o o d s . —The demand for heavy-weight woolen H | ©A
-.O ~o«d Wd •-* M© OtMtDOCDO
©tOH ®
and worsted fabrics for men’s wear has been poor this week, _O
M
03tO
00M
the weather evidently affecting it to some extent. Orders 03 ODd
to
A bO
o
-q©
Ato Aco ©A db dto W
for spring-weights have not shown any improvement and are
COdtO
C03D03
bAX -q
03
tO
C
D
to
03
to ©
C
O
d
still on satisfactory. Many mills are still without work suf A MtO
M03tO
A4a dco
M
MQ0 M—00©CD 03
ficient to carry them through until the opening of next
C
D
C
D
O
Ot
M MO -qmj to03-iA
season, and agents are consequently anxious to secure orders. •o MX) t0 003©vl
Indianapolis...........
318.000
K ansas C ity .............
552,000
Baltimore................
998.000
Minneapolis
..
.......
733,000
On Mississippi River.
On Lakes................. 2.798 000
On canal and river, ..
17,000
Total
Oct.
8.1808
12.210.000
ITTotal
0«. 1, jxm ll.'/flC. 00
T o tal Oct. H. 1897 22,194.000
i Total Oct. 10, 1896 52,434,000
I Total Oct. , HU U.ldO.OOP
12 1

5

1,000

201,000

10 0 0

1,000
2 1 ,000

*0

22 202,000

00

M

© 0

M

M M
A M

-1

C3

M

© M

M

M

00

© o o t- 'd o o

d d

-q d - l x a
b o m :p a - I

M
© MMMM
o cc.03*tO-qA03©
©© £
k © d to-qd-q
a M»OdtOM
aom toA Gd©00
00t0
B M OCDtococoes 1ft
3 H -103d-ICO
Hw
Ad to—CDA©03
AOOOt A
d 0M0000)03©
l*a •©'OMOO30
>■ d C»00MM-q
CO©
X CD
si
a
$
A
A.OdtO
-1 C
D03010——
tO
o<
A03©
*n
i-JtOM—
ao d© ©ototod
A0303M00 s
OOO A-I
»K M Mtod to
O oofocoto©-eenobo-i'm
a b be
CD03©00A
b OOOOtPOCD
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to
03
to £«*
O© d©
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-1to d 03A
MO3oo<l
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—
<IDX> O©
1—JC—
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—
— —J 00 M CDA *si
''70 03©CO
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O ctobeb 15, 1898.]
at*

and

809

THE CHRONICLE.
C ity

Clarke Connty (P. O. Grove Hill), Ala.—Bond Offering.—

p E f a n t n t ^ n t , Proposals will be received until Nov. 7, 1898, by the Probate

THE STATE AND CITY SUPPLEMENT.

Judge for S15.000 5% Court House bonds. Securities will be
in denominations of either $500 or $1,000, dated Nov. 1, 1898,
Principal will mature 15 years from date of issue, subject to
call after 5 years. The county has no debt at present. The
assessed valuation is $2,254,975, about one-fourth actual value.
Population is about 30,000.
Cleveland, Ohio.—Bond S a le. —On October 10, 1898, the
$250,000 4% river and harbor coupon bonds were awarded to
W. J. Hayes & Sons, Cleveland, at 115’676. Following are the
bids.

A new number of the State and C ity S upplement
accompanies the present issue of the C hronicle . "Very
comprehensive revisions have been made in the matter
contained in the S upplement and 128 new places in
corporated. The editorial discussions embrace arti
Adams
A Co.,&Boston...............114*650
J. HayesAACo.,8 ons,
Cleve.......IIP’676 I N.
c le s entitled “ The Strength of the Municipal Bond W.
W.Harris
New
.114*671
Estabrook
Boston........115*278
I
Farson,
&Co.,
Co..Cincinnati.
NewYork.
York.114‘533
Blake
Bros.
A
Co.,
Boston........115*090
Market,” “ Legislation to Indemnify Tax Collectors Whann
I German Leach
Nat. Bank,
.113*312
A
Schlesineer,
v.
Y.....
114*871
Illegal,” and “ Proposed Constitutional Changes in Denison, Prior A Co., Cleve..... 114’860
Principal will mature October 1, 1928. For description of
the Various States.”
bo .ds see C h r o n i c l e of September 24, 1898, p. 655.

Bond Proposals and Negotiations this
have been as follows:

week

Albia (Iowa) School District.—Bonds Authorized.—
This district recently authorized the issuance of $6,500 4%re
funding bonds. Interest will be payable May 1 and Novem
ber 1 at the office of the District Treasurer. Principal will
be payable any time at the option of the Board. Date of sale
has not yet been determined upon.
Annapolis, Mil.—Temporary Loan —The city has nego
tiated a loan of $10,000 at 5%with the Farmers’ National
Bank of Annapolis. This loan is for street and other im
provements and will mature in one year.
Atlanta, (la.—Bonos Defeated.—At the election held Octo
ber 5, 1898, the question of issuing $300,0<0 water works
bonds was defeated. The vote for the bonds was 5,003 and
164 against, but as it required 5.653 (two-thirds registered
vote) to authorize, the proposition failed.
Baltimore County (Aid.) School District.—Loan Author
ized.—At a meeting ot the School Board on October 12, 1898,
a loan of $9,000 was authorized to retire a note for a like
amount. Loan will be negotiated with the Towson National
Bank.
Hell Connty, Ky.—Bond Offering.—We are advised by W.
T. Davis, County Clerk, that proposals will be received until
October 20,1898, for $i 9,786 25 6% 10-20-year (optional) refund
ing bridge bonds.
Bergen (Village),
Y.—Bond Offering.—Proposals will
be received until 12 M. October 18, 1898, at the office of D. J.
McPherson, Village Clerk, for $2,500 coupon bonds. Inter
est will be payable semi-annually at the banking house of
W. S. & C. E. Housel, Bergen, and the principal will mature
$500 yearly on October 1 from 1903 to 1907, inclusive. Bonds
were authorized at a special election held on September 13,
1898, and by a resolution of the Village Board of Trustees
passed on September 19, 1898. Bonds will be sold to the per
son or corporation that will take them at the lowest rate of
interest.
Bozeman, Mont.—Bonds Voted.—At the election held on
October 4, 1898, the proposition to issue $165,000 5%10-20-year
bonds for the purchase of a water plant was carried by a vote
of 90 to 62. Interest will be payable semi-annually in Boze
man or in New York City. This is the third election held to
vote bonds for water-works, but the former elections, it is
stated, were not legal. Date of sale has not been decided
upon.
Bradford, Iowa.—Bonds Voted.—At an election recently
held, an issue of bonds was voted to aid the Duluth & New
Orleans Railroad, a line recently projected. The measure
was carried by 12 votes.
Brewer, Me.—Bond Issue.—At a meeting of the City Coun
cil held September 29, 1898, the issuance of $8,000 i f sewer
bonds was authorized. Securities are in denomination of
$500, dated October 1, 1898. Principal will mature yearly
on October 1 as follows: $2,000 in 1899 and 1900, $1,000 in
1901, $1,500 in 1902 and 1903. Bonds have been taken by
the Brewer Savings Bank at 101.
Buffalo, N. Y.—Bond Bales.—The city has awarded the
following bonds to the City Comptroller for sinking fund in
vestments :

dated Sept.
1, 1898, and maturing J uly J., 1899,
coatbonds
In assessment
cases.

$3,860 72 3%jud g m en t bonds dated O ctober 1,1898, and m aturing Ju ly 1, 1899.
1,049 66 3%
issued to pay

Columbus, Ohio.—Bonds Authorized.—On October 3,1898,
the City Council authorized the issuance of $10,500 4% West
Park Avenue improvement bonds. Securities will be in de
nomination of $500 and mature September 1, 1908, subject to
call after September 1, 1902. Interest will be payable March
1 and September 1. The Council has also authorized the
issuance of $3,000 4% Harris Avenue improvement bonds.
These bonds are likewise dated September 1, 1898, and have
the same maturities as the West Park Avenue bonds.
The issuance of $50,000 4% 20-year levee bonds has been
authorized.
Bonds Proposed.—The issuance of $3,000 Fourth Avenue
improvement bonds and $35,000 bonds for the purpose of
lengthening levees is under consideration.
Bond Offering.—Proposals were asked until 3 p . m . yester
day (October 14, 1898,) by the Trustees of the Sinking Fund
fur $160,000 4% refunding bonds. There are seven bonds, the
first six in denomination of $25,000 and the seventh in denom
ination of $10,000. Interest will be payable April 1 and Oc
tober 1 and the principal will mature April 1, 1900. Secure
ties bear date of April 1, 1898. The official circular states
that these bonds have been regularly and lawfully issued and
are the property of the Trustees of the Sinking Fund. At
the time of going to press the result of the sale was not known.
Condon, Ore.—Bond Issue.—W e are advised that the $3,000
8% 10-20 year gold w ater works bonds recently authorized
will be taken by Morris & Whitehead, Portland, Oregon.
Cnyahiga Falls, Ohio.—Bond S a le . —On October 12, 1898,
$3,000
refunding bonds were awarded to The Lamprecht
Bros. Co , Cleveland, at 106'479. Following are the bide:

Lamprecht
Bros. Co.,A Co.,
Cleve..
37
Denison
.Prior
Co., Cleve... $3,125
50
Rudolph
KieyDoltc
On..$3,194
3,<02 00
00 |1Phelps.
First
Nat.Eyman
Bank.&ABarnesville..
3,11100
W.
J.
llayes
A
Sons.
Cleve__
3,18$
Co.,
Chicago
3,107
00
Seasongo
d A AMayer,
Cln..... 3,135
3,176 00
25 i| S. A. Keun, Chicago............. 3,106 50
Briggs, Smith
Co.,Cin........

Bonds are in denomination of $300, dated September 1,
1898. Interest will be payable semi annually and the prin
cipal will mature one bond every six months from September
1, 1900, to March 1, 1905.
Beer Park (Port Jervis, N. Y.) Union Free School Dis
trict No. 1. —Bond sale.—On October 12, 1898, the $22,600 4%
school bonds were awarded to Isaac W. Sherrill, Poughkeep
sie, at 103’37. Following are the bids:

1. W.J. Sherrill,
Poughkeepsie__103*37
W. Harris ASavings
Co., NewBank..
York.l02*53
W.
HayesAACo.,
Sons.New
Cleveland
103 13 I| N.Poughkeepsie
.102*50
R.
B. Smith
York...102*83
Bertron
A Storrs,
New York ..102*30
Walter
3tan»on
A
<
o
,
N.
Y......102*7?
I
W.
D.
Van
Vleck....................101*735
WhannNat.A Schlesiuger,
N. Y.......102*666
102*76 | Benwell
A Everltt,
York.l01*062&
First
Bank, Port Jervis
Middletown
SavingsNew
Bank.....
101.

Securities are in denomination of $500, dated October 15,
1898. Interest will be payable June 1 and December 1. Prin
cipal will mature $2,000 yearly on December 1 from 1899 to
1909, inclusive.
Delaware Connty (P. 0. Delaware), Ohio.—Bond Sale.—
On October 4, 1898, $1,600 ~i%road-improvement bonds of this
county were sold to the Delaware County National Bank,
Delaware, at 103’312. Interest will be payable semi-annually
and the principal matures in 1906.
Denver, Col.—Bond Sale.—This city has recently awarded
$13,600 bonds to a contractor for work done on Broadway
Storm Sewer District No. 1. We are advised by the- City
Treasurer that the city will not make any direct issue of
bonds in the near future.
East Hartford, Conn.—Loan Authorized.—At a recent
town meeting a loan not exceeding $18,600 was authorized.
Of this amount $10,000 is to be payable not later than May 1,
1899, and $8,000 not later than May’l, 1900.
Ean Claire, TVis.—Further Reus o f Bonds Voted.—We are
advised that it is probable that only $10,000 of the $40,(00
bridge bonds recently voted will be offered for sale, and that
no further information can be given until the City Council
tftkss HCtlOD
Elmira, N. Y.—Bond Sale.—On October 10, 1898. the $29,000 funding debt bonds were awarded to Joseph E. Gavin,
Buffalo, at K'4’165 for a %%% bond. Following are the bids :

Cass Connty, N. Dak.—Bond Election.—An election will
he held this fall, according to local reports, for the purpose
of voting on the question of issuing $20,000 conrt-honse bonds.
Cheyenne, IVjo.—Bonds Authorized. —Local reports state
that on October 4, 1898, the City Council authorized Mayor
Schnitger to enter into a contract with a New York financial
company for the refunding of the Cheyenne wat-r bonds of
1892, amounting to $127,000, the interest being reduced from
H to 5g.
Cincinnati, Ohio.—Bond Election.—At the election to he
For 8-26% B o n d i.
W. J. Hayes
&Sons.
Cleve..... 100*81
held November 8, 1898, the question of issuing $3,000,609 Joseph
E. Gavin,
Buffalo.......
10 *465
park bonds will be submitted to the people City Auditor Jose, Pa*ker A Co., Boston 100*00
A
Everltt,
New
York..
100*00
H. P. Boyden says : ‘’Under an Act of the 73d General As Benwell
_ ,,
b o r3 ‘\l\*% Bonds.
sembly of Ohio, passed April 26, 1898, these bonds, if voted, C. II White A Co., New York..100*00
lo r 8*60% B o n d s .
will be used to provide a fund for the purchase and con Joseph E. Gavin.
Buffalo........ ,104*165
demnation of real property, of constructing and improving J" 8e, Parker ACo.. Boston... ,103*479
103*39
E*
H.
Rollins
Sons,
park entrances and roadways, of constructing and irnprov K. B. Smith AACo.,
NewBoston..
York. 108*81
ing play grounds, baths and gymnasmms, and to plant trees.” Geo. M. Iiahn, New York...... 108*29
103*2cl
Rudolph
Co., Cm. 108*0625
The secmities, if issued, will bear interest not exceeding 4$. N.
W. HariKiev
is Abolt
Coe, AChicago..

lo r

3*50%B onds

For

3*65%Bonds.

Benwell A E verltt, New > ork.
Kdw. C. Jones Co., New York..
W aiter Stanton A Co., N. Y—
i-eyraour Bros. A Co., N Y ......
D aniel A. Moran A Co.. N. Y ...

103*00
102*37
.102*36
101*57
,101*19

Joseph E. Gavin, Buffalo..........

,108*00
104*00
Benwell A E verltt. New York.. ,114*00
6% B o n d s.
t o r 4% B o n d s .

Benwell A E verltt, New York..
8. A. K ean, Chicago...................
For 414% Bonds.
lo r

Benwell A E v e rltt New York., .120*0Ci

810

[V ol. L r v n .

THE CHRONICLE.

P r i n c i p a l w ill m a t u r e $1,000 y e a r l y f r o m 1899 t o 1927, in e l u s iv e . F o r d e s c r i p t i o n o f b o n d s se e Chronicle o f l a s t
w e e k , p . 756.
E v a n s t o n , O h io . —B o n d E le c tio n . — T h e V il l a g e C o u n c il h a s
p a s s e d a r e s o l u t i o n t o s u b m i t t o a v o t e o f t h e p e o p le o n N o 
v e m b e r 8 ,1 8 9 8 , t h e q u e s t io n o f i s s u i n g $1,000 f ir e d e p a r t m e n t
bonds
F a y e t t e v i l l e . T e n n .— B o n d s A u t h o r i z e d .— R e g a r d i n g t h e
$ 1 2 .ot o e l e c t r i c - l i g h t b o n d s r e p o r t e d a s r e c e n t l y a u t h o r i z e d ,
w e le a rn u p o n in q u iry t h a t th e p ro p o s itio n h a s n o t b e e n s u b
m i t t e d t o t h e p e o p le a n d w ill n o t b e f o r t h e p r e s e n t . T h e
C i t y C l e r k t h i n k s a n e l e c t i o n m a y b e h e ld f o r t h a t p u r p o s e
la te r on.
F r a z c e ( V i l l a g e ) , M i n n .— B o n d O ffe rin g .— P r o p o s a l s w ill
lie r e c e iv e d u n t i i 7:30 p . m . O c to b e r 29, 1898, a t t h e o ffice o f
L . D . H e n d r y , V il l a g e R e c o r d e r , f o r $600 7-4 b o n d s . S e c u r i 
tie s w ill b e in d e n o m i n a t i o n o f $200, d a t e d N o v e m b e r 1, 189-<;
i n t e r e s t w ill b e p a y a b l e N o v e m b e r 1 a t t h e S t a t e B a n k o f
F r a z e e . P r i n c i p a l w ill m a t u r e $200 y e a r l y o n N o v e m b e r 1
f r o m 1899 to 1901, i n c ln s iv e .
G e n e s e o ( V i l l a g e ) , N . Y.— B o n d O ffe rin g .— P r o p o s a l s w i l l
b e r e c e iv e d u n t i l 7:30 p . m . O c t o b e r 1 7 ,1 8 9 8 , by L o c k w o o d R .
D o ty , V il l a g e C le r k , f o r $5,000 w a t e r - w o r k s b o n d s . S e c u r i 
t i e s 'a r e i s s u i d u n d e r t h e G e n e r a l V il l a g e L a w a n d w ill m a 
t u r e $2,000 N o v e m b e r 1, ItOO; $2,000 N o v e m b e r 1, 1901, a n d
$1 ,0 0 0 N o v e m b e r 1, 1902. B i n d s w ill b e s o ld to t h e b i d d e r
o f f e r in g t o t a k e t h e m a t p a r a t t h e l o w e s t r a t e o f i n t e r e s t n o t
e x c e e d in g 4£.
G e r m a n t o w n ( V i l l a g e ) , O h i o .— B o n d O ffe rin g ,— P ro p o s a ls
w i l l b e r e c e iv e d u n t i l 12 M. O c to b e r 31, 11-98, b y B o y d E m x ic k , V i l l a g e C le r k , f o r $11,000 6% e l e c t r i c l i g h t b o n d s . S e c u r 
i t i e s a r e in d e n o m i n a t i o n o f $500, d a t e d D e c e m b e r 1. 1898;
i n t e r e s t w ill b e p a y a b l e s e m i- a n n u a l l y . P r i r c i p a l w ill m a t n r e $500 y e a r l y o n D e c e m b e r 1 f r o m 1899 t o 192(1, i n c lu s iv e .
B o n d s a r e is s u e d p u r s u a n t t o s e c t i o n s N o s . 2486, 2835 a u d
2837 o f R e v is e d S t a t u t e s of O h io a n d a v i l l a g e o r d i n a n c e
p a s s e d S e p t e m b e r 1 5 .1898. a u t h o r i z i n g t h e is s u e o f s a id b o n d s .
G l a d e v i l l e ( V a .) S c h o o l D i s t r i c t .— B o n d S a 'e .— O n O c t o 
b e r 8, 1898, $3.0,i(i 6? 1-6 y e a r ( s e r ia l) s c h o o l b o n d s w e r e
a w a r d e d to t h e F i r s t N a t i o n a l B a n k o f B lu e f ie ld . W . V a .
G l o u c e s t e r , M a s s .— Bona O f f e r i n g . — P r o p o s a l s w i l l b e r e 
c e iv e d u n t i l 5 P. m , O c to b e r 1 9 ,1 * 9 3 , b y t h e C o m m i t t e e o n
F i n a n c e , c a r e o f E d w a r d D o lliv e r , C i t y T r e a s u r e r , f o r $75, <00
4 c “ S t a g e F o r t P a r k L o a n " b o n d s . S e c u r i t ie s a r e is s u e d
p u r s u a n t w i t h C h a p te r 459, A c t s o f 1897, a n d w e r e a u t h o r i z e d
b y t h e C ity C o u n c il M a rc h 21. 1898. B o n d s a r e i n d e n o m i n a 
tio n o f $1,875, d a t e d J u l y 1, 1898. I n t e r e s t w i l l b e p a y a b le
s e m i- a n n u a l l y b y t h e C ity T r e a s u r e r . P r i n c i p a l w ill m a t u r e
o n e b o n d y e a r l y o n J u l y 1 f r o m 1899 to 1938 i n c lu s iv e .
G r e a t F a l l s , M o n t .— B o n d B a te .— O n S e p t e m b e r 2 2 ,1 8 9 8 ,
t h e $375,000 5? c o u p o n w a t e r w o r k s b o n d s w e r e s o ld a t
102-694, a n d n o t a t 103. a s p r e v i o u s l y r e p o r t e d . B o n d s w e r e
p u r c h a s e d b y M a s o n , L e w i s & C o ., C h ic a g o . F o l l o w i n g a r e
t h e b id s :

Holyoke, Mass.—No Loan at Present.—The Board of Aidermen on October 7, 189 a, voted to defer action on the pro
posed loan of $25,000 for sewers.
Idaho Falls ( Village), Idaho.— Bond Sale.— On October 7,
1898, the $20 000 6» 20-year water-works bonds were gold to
Parson, Leach & Co,, Chicago, at par, they making the only
positive bid. We are advised that “many inquiries and sev
eral conditional bids were made by other parties.”
La Salle, 111.—Bonds Proposed.—It is stated that $13,000
street paving bonds will bs issued by this city.
Lexington (Town), Yu.—Bond Sal".—This town has sold
$11,000
refunding bonds, bearing date of October 1, 1398.
interest will be payable Apri 1 and October 1 an the Bank of
Rockbridge, Lexington, and the principal will mature Octo
ber 1, 1903. subject to the right of tbe town to make pay
ments on the principal every six months. This issue is to
refund part of the $15,000 6^ bonds which fell due on October
1,1898. the remaining $4,000 being paid from funds on hand.
Lima, Ohio.—Bond offering.—Proposals will be received
until 12 m. October 31, 1898, by C. E. Lynch, City Clerk, for
$4,000 5# West Market Street paving bonds. Securities are
issued pursuant, with sections 3703 to 2707, inclusive, and
2709 of the Revised Statutes of Ohio, and authorized by ordi
nance pas-ed May 10, 1897. Bonds are in denominations of
$500 and $1,000, dated Jnly 1, 1893. Interest will be payable
semi annually at the office of the City Treasurer. Principal
will mature $2J 00 July 1, 1908, and $2,500 January 1, 1909.
A certified check on a Lima bank payable to the City Clerk
in sum of at least 5£ of the amount of bonds bid for muit
accompany proposals.
Lincoln (Town), R. I.—Bond Sale.—On October 10,1898,
the $ 25.00" 47 funding bonds were awarded to the Industrial
Trust Co., Providence, at 109-24. Following are the bids :

Industrial
Trust
Co-Boston......
Prov...... 109*24
N.
W. Harris
.v Co..
107*43
Parkinson
A Barr. Boston ...... 107*33
Cushman.Fisher & P!ie!ps.Bo3t.l06*887

E.Karson.
H. Rollins
& Son?, Boston... 106*80
Letch
&ACo..Co.,New
York.IOC’337
Blmleet,
Merritt
Boston
E. H. Stanwood &Co
, Boston
..1(K17
105*07

Principal will mature October 15, 1928. For description of
bonds see C h r o n i c l e of October 1, 1898, p. 704,
Little Falls, Minn.—Ronds Voter.—On October 4, 1898,
the city- voted in favor of issuing $60,' OO water and light
bonds.
Logan County (P. O. Bellefontaine), Ohio.— Bond Sale.—
On October 5’, 1898. the $25,009 6< dit -li bonds were awarded
t, i Robert Lamb. President of the People’s National Bank,
Bellefontaine, at 105-2576. Following are the bids :

Robert.
Lamb, Bellefontoine.
$20,314i.)
j Seasootfood
k Mayer, Ciucln.. .$25,949
4tnd.-rfar« ,i£r.Sntu I ’l-mirHtt rli'nlls
127 06
>ii u c IV
nt ,
nuUKeioaiOUua.t
iu ia
w i Ruamllfkfnn
im u nI iiu
u afuinutiit
u oI i Ho ut tiik
Denison.
Prior
&
Co.,
Cl
eve..
26,063
75
I
Bellefontaine
.................
25,845
Brutus, Smith &Co., Ci Gin., 26,' 0000 I Bates & fiance........................
25,710
uukuh

iia

m

Principal will mature $2,590 each January and July from
January l, 1891, to July l, 1903. inclusive. For description
of bond8see C hronicle of September 24, 1898, p. 655.
Louisville, Ky.—Details Regarding Loan Authorized.—
Prem ium . I
Premium.. Referring to the authorized loan reported in our issue of Oc
-Ma*oii, Lewis k Co.. Chicago.. .♦#!0,105 I W, J. H ayes & Sons, Cleveland.. .$0,850 tober 1, we are now advised that the city is in the habit of
I. W. Sherrill, Poughkeepsie ... 10,1001 L araprecht Bros. CoMC leveland...9,650
borrowing in October and November of each year from $250,Union
Bunk &k Trust
On............ 10,000
Denison,
Prior&&Co.,
Co.tChicago.....
Cleveland. .9,575
N.
W, Harris
Co., Chicago,....
9.900 I H.
B. Palmer
8,400 000 to $300,000 to meet necessary expens-s uut 1 the taxes
P r i n c i p a l w ill m a t u r e $125,000 o n J u l y 1 i n e a c h o f t h e come in, about January 15. “The money is borrowed from a
y e a r s 1908, 1913 a n d 1918
F o r d e s c r i p t i o n o f b o n d s se e local bank on 90-day notes, which are always promptly paid
at maturity.”
C h r o n i c l e o f A u g u s t 27, 1898, n . 443,
McKeesport. Pa.—Bond Sale.—The Pittsburg “Oizette”
G r e t n a S c h o o l D i s t r i c t N o . 3 7 , S a r p y C o u n t y , N e b .— B o n d
S a le .— O n O c to b e r 1 0 ,1 8 9 8 , th e $2,500 5% b o n d s w e r e a w a r d e d reports the sale of $121,000 4% bonds to William M. Bell,
Pittsburg, at 10P653. Securities are issued to take up out
t o S t a l l B r o s ., O m a h a , a t 101-75. F o l l o w i n g a r e t h e b id s :
standing certificates issued tor street aud sewer purposes.
Stull
Bros.,
Omaha................$2,643
70
i
SeeurPy
Inv.
Co.,
Lincoln..............Par
. ...... 2,5300000I 8 , A. Kean, Chicago. .................. Par Madisonville (Village), Ohio. —Bond Offering.—Proposals
C.R. C.H.Petros,
1mboff,Omaha
Lincoln..........2,603
will be received until 8 p. m October 27, 1898, at the officeof
B o n d s m a t u r e O c to b e r 1, 1908.
the Village Clerk, Bennett Carter, for $11,500 4%i coupon
Haddonlleld, N. J.—Nonas Authorized. —It is stated in Central
Avenue subway bonds. Securities will be in denom
local papers that side-walk improvement bonds have been ination of
$500, dated November 1, 1898: interest will be pay
authorized.
able semi annually at the German National Bank, Cincin
H a g e r s t o w n , M d .— B o n d Sale.— O n O c to b e r 11, 1898, a n
nati. Principal will mature November 1, 1928, subject to
is s u e o f 4% 3 -5 -y e a r s t r e e t p a v i n g b o n d s w e r e s o ld a t p u b l i c
call after November 1, 1918. Bonds are issued pursuant to
a u c t i o n a t 101,
an Act of the Legislature passed April 37, 1893 (90 Ohio
H a r t f o r d (• o n n . ) A r s e n a l S e lio o l D i s t r i c t .— B o n d S a le .—
359), aud Village Ordinance No. 1218, passed Septem
On October i3, 1898. the $20,000 4% bonds were awai-ded to Laws,
14, 1898.
E. H. Gay & Co,, Boston, at 109-05. Following are the bids: berManchester,
Conn.—Loan Authorized.—The Selectmen of
K.K. H.
Guy
k Co,. Boston........... lOtt'Aii j .Tome, Parker .%Co.. Boston.... 106*021
this town have been authorized to negotiate a temporaryII.
Rollins
A Sons, Boston .. 107*187 8 . A. K<*an. Chicago ............ 105*50
K. r.S. Sinn
wood k Co., Boston...10700
I K. it.C.Cooley,
Hartford............
lo,V217 loan of $35 000. We are advised that no bonds will be is-ued.
H.
Skinner
..... 106*82
Co..
NowYork..
104*20
Marlborough, Mass.—Bonds Authorized.—An issue of
Harvey
vtele 4&Pons,
New’York
York.l
0*<W jiKdW*
HartfordJones
Mutual
Fire
Ins........103*32
N.
W. Harris
Co.. New
.100*139
$•2,6-0 H street-improvement bonds was recently authorized,
Bonds are in denomination of $1,000, dated June 1, 1*97. interest will be payable at the Winthrop Natioual Bank,
Interest will be payable semi-annually and the principil Boston, and the principal will mature on October l, as fol
lows: $1,000 in lri)9, $1,000 in 1900 and $600 in 1901. Date
will mature June 1. 1917. Hastings, Neb.—Further Particulars o f Bond Sole.—Ln the of sals has not yet been decided, but we are advised that it
Chronicle last week we stated that local papers reported will be very soon. George S. Haskell is the City Auditor.
tbe sale of $245,000 4%% refunding bonds, to Spitzer &
Medford. Mass.—Bond Offering.—Proposals will be re
Co.. Toledo.
vie are now advised that the amount of ceived until 11:30 a . m., October 17, 1898, by Parker R. Litch
bonds sold was $225,( 00 and the price paid by Spitzer & Co. field, City Treasurer, for $90,000 4% public building loan
was par lets a commission of $3,550. Sale took place on bonds. Securities are issued pursuant to Chapter 221, Acts
of 1898, and were authorized by City Council. They are in
September 27, 1893.
Helena, Mont .—Funding Bond Issue.—We are advised by denomination o' $1,000, dated August 1, 1898. Interest will
H. B. Palmer & Co., bankers, Helena, that up to date all but be payable February 1 and August 1 at the Howard National
$10,000 of the outstanding warrants issued by tbe city of Bank, Boston, and the principal will mature August 1, 1918.
Mississippi Levee District.—Certificat e Issued and Sold.
Helenafor indebtedness contracted prior to September 12,
1893, have been exchanged for funding bonds. These bonds, —The $29,500 6£ certificates of indebtedness which were re
known as Series “F," are dated January 1, 1896, and mature cently authorized have been issued and sold. Principal and
twenty years from their date, subject to call after seven [ interest are payable April 15, 1899. Of the total bonded debt
years. They bear 5% interest, payable semi-anDuallv at 1 of the district $450,00 bearing 6£ interest, is now subject to
Konntze Bros., New York City. The total amount of this I call. Refunding bonds have been authorized aud will he
issue will be about $175,000. It is expected that the funding I issued if a favorable offer is made. W. E. Montgomery is
will be completed before the end of the year.
1 the Secretary of the Board of Commissioners.

OCTOBKB 15, 1S'?8. |

1HE CHRONICLE.

811

Missouri.—Bonos Registered.—The State Auditor has reg dated September 1, 1898. Interest will be payable semi
annually, and the principal will mature Septemoer 1. 1904.
istered the following bonds :
Interest on the above bonds will be payable at th9 Passaic
*3,0000* electric-light bonds, issued Jone 9,180-1, by city of Lawson.
National Bank. A certificate of legality, given by Walter
300
County
School
District
No. No.
7, 49,6 ,21,
Sept.Oct.
23.1.
2008t%* Saline
Harrison
County
School
District
65, issued
29, issued
Kip, City Attorney, will appear on each bond of both issues,
Monroe County. Iowa.—-Detail? of Bonos Sold.—As told in and the securities are to be certified as to genuineness by
the Chronicle October 1, $26,000 4% funding and refund the United States Mortgage & Trust Co. of New York City.
ing Donds of this county were sold to Farson. Leach & Co., A certified check on a national bank, payable to the City of
Chicago. The sale took place on September 2 i. Securities Passaic, for 57 of the amount of bid, must accompany propo
are issued in denomination of $1,010, dated September 15, sals
1898; interest will be payable semi annually at the County
Perham, Minn.—Bond Sale.—On October 4,1898, the $6,000
Treasurer’s office in Albia. Principal will mature on Sep 67 village bonds were awarded to J. D. Cleghorn & Co.,
tember 15, $2,000 in 1901 and $4,000 yearly from 1903 to 1907 Minneapolis, at 105-433. Following are the bids :
inclusive. Bonds are issued under sec-ion 403, Code of 1897.
,--------- —P r e m iu m .—
The official circular states that there is no controversy or
|S2,000
$4,000
T otal
in e s.
Series.
Issue*
litigation pending or threatened concerning the validity of
$265
00
$61
00
J.
D.
Cleghorn
A
Co..
Minneapolis...............
$326
these bonds. Assessed valuation of the county is $3,572,012: Minn. Loan A Trust Co., Minneapolis.......... . 60 94
260 6600
321 00
600
real valuation (estimated), $14,000,000; bonded debt, including state Savings Bank. St. Paul ........ ......... 66 00
245
3L0»
R. Norton,
Fulton ASt.Co..Paul
Grand.............................
Forks..................
300 00
this issue, $36.00). No other indebtedness. Population, J.1 .C.
221 20
256
17,000. A. C. Pabstis County Treasurer.
37Par50
170 0000
Kane A Co., Minneapolis.............................
207 0000
50
Trowbridge.
MacDonald
A
Niver
Co.,
Chic—
126
126
Monroe, La .-B o n d Election.—The City Council has passed
101 00
47
00
an ordinance providing for an election to be held Novem W. J. Hayes A Sons, Cleveland......................
1 00
9 00
10 00
E. Luedke,
Fergus
Fads..........................
ber 9, 1898, to vote on the question of issuing $150,000 im A.
E. W.
Peet A Son.
Sc. Paul
............. ......... .. Par
Par
Par
provement bonds, as follows: $60,000 for water-works and Dr. F. T. Rudy, Cold Springs........................ . Par
electric lights; $30,(00. sewer; $40,000, street, and $20,000
For description of bonds see Chronicle September 17, 1893,
for modem school buildings.
p. 603.
Monroe (Mich.) School District.—Bond Issue.—We are
Phillipsburg, N. J.—Bonds Awarded.—In the Chronicle
advised that the $13,000 4%school bonds, which we stated in of October 1, 1898, we gave the names of the bidders and
the Chronicle of September 17,1898, were about to be issued, their bids for the $60,000 4% street improvement bonds and the
will be taken by local hanks at par. Securities are in de $9,000 47 sewer bonds, for which proposals were asked until
nomination of $500, dated January 1, 1899. Principal will September 29, 1898. We are now advised that $58,590 of the
mature $500 yearly from 1900 to 1910 and $1,0C0 yearly’ there bonds were awarded to the Pnillipiburg National Bank and
after.
the balance was taken in small lots by private parties.
Nassau County, N. T.—L u c Creating County Legal.—Jus
Placer County (Cal.) Rock Creek School District.—Bid.-—
tice Wilmot M. Smith, in the Supreme Court, recently de On October 4,1898, a bid was received from the Oakland
clared legal the law which created the county of Nassau out Bank of Savings for $600 77 school bonds. The trustees of
of that portion of Queens County which was not annexed to the district gave the bank an option of a few days, and up
New -York City on January 1, 1898. Thequestion was raised to October 8,1898, no conclusion had been reached as to the
a few days ago, it is stated, by the County Clerk of Queens
County, who declined to accept a nomination on the ground
Port Chester, N. Y.—Bond Sale.—On October 10,1893, the
that the county was illegally constituted.
$42,000 3^7 street-improvement bonds were awarded to Jose,
Temporary Loans Necessary—Owing to the fact that the Parker & Co., Boston, at 103-597. Following are the bids :
Act creating the new county of Nassau did not provide for a
103*697 I Iceland,
Towle A&Co..
........ 101*53
tax levy for its first year, it will be necessary, it is stated, to Jose,
AllenParker
A Bands.A Co.,
NewBoston.....
York.........102*87
Walter Stanton
Co.,N.N.YY......101*62
borrow on certificates of indebtedness such sums as may be E. H.Rollins A Sons.Boston ...1«2’?7 | N. W. Harris A Co., New York..101 217
Port
ChesterSaving*
Bank
.......102*37
102*68 IIEdw.
C. Jones
Co., New
New York__101*18
York...101*215
needed for current expenses.
Benwell
A Everitt, New
York.
Bertron
A Storrs,
New Britain, Conn.—City Meeting.—A city meeting will Geo. M. Hahn, New York........ 102*29 I Street. Wykes A Co., N. Y........101*553
J. Hayes A Pens, Cleveland 102*21 Seymour Bros. A Co.. N. Y ...100*71
be held October 17, 1898, to correct a technical error in omit W.
D. A. Moran A Co* New York.. 101*638 I Rudolph Kleybolte ACo., Cin ..100*27
ting date of bonds authorized at a previous meeting. These
Principal will mature $2,000 yearly on October 1 from 1903
bonds ($5<),000 4% sewer) were awarded on September 10,1898,
to 1923. For description of bonds see Chronicle of October
o E. H. Gay & Co. Tney will be dated August 1, 1895.
New Haven.—Bonds Proposed.—The Board of Education 1, 1898, p. 700.
Portland, Ore.—New City Charter.—The State Legislature
has passed a resolution favoring the issuance of $5' 0,000
bonds, and has requested the necessary authority from the has under consideration a new charter for the city of Port
City Council. The proceeds from the sale of these bonds will land.
Randolph County (P. 0. Cntlibert), Ga.—Bonds Defeated.
be used in paying off the fliatiDg indebtedness and to build
—At an election held on October 5, 1898, the proposition to
and equip a new high school building.
Norv»alk, Ohio. —Bid?.—On October 4, 1898, the following issue $10,100 57 jail bonds was defeated.
Koekton (Village), Montgomery Comity, N. V.—Bond
bids were received for $6,365 5f coupon street improvement
Offering.—On October 17, 1898, at 9 a . M., this village will
bond :
sell at public sale at Smith’s Hotel, $12,000 road-improve
W. J . Hayes A Boas. Cleveland.. .$6,630 ' Norwalk Bar. Bank, Norwalk.$0.*65 <10
L am precht Bros. Co., Cleveland. 6.592 Denison, Prior A Co., C leve.... 6.562 50 merit bonds in denomination of $1,000 each, maturing one
H uron County B an k ..................... 6.6811
bond yearly on October 1 from 1899 to 1910, inclusive. Se
S.
A. Kean, Chicago, made an informal bid, offering $1®3curities are issued pursuant to a vote of the village. Award
premium for $U),000 of bonds. Interest will be payable annually will be based on the lowest rate of interest offered. Jere
at office of City Treasurer, aDd the principal will mature one miah Sullivan is the Village President.
bond of $600 yearly on October 1 from 1899 to 1907, and one
Salem, Ohio.—Bond Offering.—Proposals will be received
bond ($965) on October 1.1908. Bonds are issued pursuant until 12 m October 25, 1K98, by George Holmes, City Clerk,
to Section 2705, Revised Statutes of Ohio, and of a city ordi for $5,047 40 6 7 Lundy Street improvement bonds. Securi
nance passed August 16, 1898.
ties will be in denomination of $504 "4, dated September 1,
Oklahoma.—Bond Sites.—The following bonds have re 1898; interest will be payable annually and the pnncipal.will
cently been purchased by the Board of Regents of the State mature §504 74 yearly on September 1 from 1899 to 1908, in
Agricultural College of Kansas at par:
clusive. Bonds are issued pursuant to a city ordinance
68,800*6$ Shawnee Board o f Education bonds.
passed August 5,1893. A like issue of bonds was awarded
3,500 6$ Shawnee city bonds.
on September 6, 1898, to The Lamprecht Bros Co., Cleveland,
4'»o '.% Oklahoma Coonty. D istrict No. 28 b »nds.
l.HOO
7% Kay County, District No. 50 bonds.
but whether they were refused by that firm and again adver
3,00u 6$ Kay County, D istrict No. 46 bonds
tised, or whether this is a new issue, we have not been offic
The securities were purchased out of money in the Agri ially informed.
cultural College fund, held by the State Treasurer of Kansas.
San Mateo County (P. 0. Redwood City), Cal.—Bond
Oneonta, N. V.—Bond Sale.—On October 13, 1898, the $15:- Sale.—On October 3, 1898, the $48,000 4)£7 refunding bonds
009 5-20 year(serial) bonds were awarded to Bertron &Storrs, were sold to Norbert Mattes, Red Bluff, at 102-296. For
New York, at KO'173 for 3% per cents.
description of bonds see Chronicle of September 24, 1898,
Osakis (Village), Minn.—Prrud Sale Postponed.—We p. 657.
are advised that the sale of the $2 00067 bonds of this village,
Sedalia (Mo.) School District—Bonds Authorized.—Local
for which proposals were asked until October 8, 189-1, as papers state that the Board of Education has decided to issue
stated in the Chronicle of September 24, p. 656, was post $18,000 47 5 20 year so-called refunding bonds in place of
poned until yesterday (October 14. 1898), At the time of bonds once redeemed but which before beiDg canceled were
going to press the result of the sale was unknown.
hypothecated to innocent purchasers by J. C. Thompson,
Oshkosh, Wis.—Bonds No>Yet Authorized.—It has been absconding cashier of the defunct First National Bank. The
reported that an issue of $5,50 ►57 20 year bridge bonds bad question of the district’s liability was taken into the courts,
been authorized. Upon inquiry we learn that these bonds and the decision which waa rendered was given in tne
are not yet authorized, but tnav be soon. If issued they will C hronicle on May 14. 1893.
bear 4%interest, not 5%, as reported.
Sliatnokiu, Pa. - Bond Sale —On October 12, 1898, the $65,PasMle, N. J .—bond Offering —Proposals will be received 000 47 street-paving bonds were awarded as follows: $35 00 i
until 8 p . M. October 21, li-98. by the Committee on Finance, to A. Roberison at 106-36 and $30,000 to Geo. W.iRobertsou
at the office of the City Clerk, for $22 000 4%% school bonds. at 104-75, Following are the bids •
Securities are in denomination of 81.000, dated November 1,
a . KODertson (for *35,000).......106*36 Sailer A*stevensoii..
1898. interest will be payable semi annually and the prin Oeji.W.
ItoberlBon (for *30,oo0)..i04-76
Philadelphia
cipal will mature $11,000 November 1, 1916, and $11,tOu No s a fe Deposit Bank, Pottsvllle. ,106'uu Cyrus
KultonPierce.
AKerr
Mullen
(for Phlla.......101
*5 <m)00 ). . ..102*11
1 " 2 oo
»7*/OularB“ ft^* T reasurer tlo r
vember 1, 1917.
Grnlmm.
A
Co.,
85
loa-so
•h®®®).................................
8 . A. Kean. Chicago.................101*26
J.
Hayes
*
Sons.
clevelaruU-w376
Proposals will also be received at the same time and place W.
Edw. C.Hllraan
Jones (for
Co.. 1200)..........
New York...100461
for $5,000 5)8 bonds. Securities are in denomination of $500 Dick Bros. &Co., Philadelphia. .10314 Chas.
100*00

812

fvob. l x v ii .

THE CHRONICLE.

Bonds mature yearly on October 15 as follows: $2.00C*
from 1900 to 1908, inclusive. $'2,200 from 1909 to 1918.
inclusive, and $3,500 from 1919 to 1928, inclusive. For
fur*her description of bonds see Chroxici.k 0.:t. 8 ,1N98, p 759.
Slisrpsburg, P il— 'b.nii Offering—Proposals will be re
ceived until ti p. m , Oc-tobor 18, 1898. by Geo. D. McMorran,
Chairman Finance Committee, for $60,<00 If street improve
ment bonds. Securities mature $ V 00 yearly on October 1
from 1908 to 1919, inclusive, all bonds being subject to call
after October 1, 1908. Interest will be payable semi annually,
free of tax to holder. I> was reported in the C hronicle last
week that bids wonld be received until October 11, 1S9S; the
correct date is as above.
Shawnee, Okla.—Bonds Voted.—At the election held in
September, 1898, the $35,000 6;; water works bonds were
voted. Interest will be payable in New York City and tbe
principal will mature in April, 1919. Date of sale has not
yet been determined npon.
Shreveport, La.—Bonds Proposed.- The Mayor, in a recent
message to the City Council, recommended the issuance of
$10O,i 00 paving bonds.
Smithtown School District (P, O. Kings Park), N. Y.—
—Bond Snle.—On October 8, 1898, the $3,500 5;? school bonds
■were sold at auction to Walter Stanton & Co., New York, at
105-10. Principal will mature $250 yearly on December 81,
from 1899 to 1908 inclusive. For further description of
bonds see Chronicle last week, p. 760.
Spring Lake and Spring Valley (Wis.) School District
No. 1.— do'i,i S a le . — The $2,750
school house bonds have
been awarded to Mason, Lewis & Co., Chicago, at 103-181
and printing Following are the bids :
Mason. Lewis &Co.. CMrawo..*8,8*7 GO| J. c. Norton, St, Paul...........*3.812 42

$50,0000 Fi sourth
20-voi»r
South Side Levee bonds in denomination of $1,000.
Avenue* lm provom ent bonds.
fi5,000 bonds
for
Btrengthealng
levee along the Cleveland Cincinnati Chicago
& St.Louis Railroad tracks.
This item referred to C 'lumbus, Ohio, and not Toledo;
Utiea, N. Y.—Bonos Authorize'!.—The issuance of $5,000
bonds for street lighting fund and $1,000 for bridge fund hits
been authorized, according to local reports.
Bond O ffe r in g Tbe city will sell at public auction, at the
City Clerk’s office, on October 18, 1898, at 12 M , $5 000 5# 1*
year bonds.
Temp irari/ Loans,—The city has negotiated two loans of
$8,000 and $6,000, respectively, with local banks. John A,
Cantwell is the City Clerk.
Warren County, N. Y.—Bond Sale.—On October 11, 1898,
the $12,000 5. bonds wereawarded to Jose, Parker& C o, Bos
ton, at 101 -768. Following are tbe bids :
Jose, P arker ft CoMB oston
..101*7(13 I L. W . M orrison, New Y o r k .......101*000
Isaac W. S herrill.Pottghkeapslo.101*57 W . Holman Cary. B oston..........,101*02

D&n’l A Moran & Co., N. Y......101*39 | Wbann Schlesinger. N. Y ,101*01

Geo. M. H ahn, Now Y ork........... 101*29 W. J. lla v e s jfc Sons. C leveland.lo V55
K. B Smith <fc Co , New V o rk ...101*15 H enry irllHrm
.....................„100*40®
Beawell & E v e ritt, New* Y o rk ...101*125 I G lens Falls T ru st Co -. ............. 100*40

Securities are in denomination of $500, with interest pay
able annually. Principal will mature $4,001 yearly from
1899 to 1901. "inclusive.
West Hartford, Conn.—Loan Authorized.—At the annual
town meeting held October 8,1898, the Treasurer was author
ized to borrow not more than $35,000 in anticipation of the
collection of taxes
Wharton County, Texas.—Bonds Registered.—On October
7, 1898, the State Comptroller registered $14,000 bridge
bonds.
White Hall,111.—Bonds Voted.—At the election held Octo
Bank
Hudson.
Wisconsin..
2,*325050| Bank
Bankooff River
Malden
Rock.
Wis....- 2,800
2.8 0 6 00
Kane of«kCo.,
Minneapolis
.......2.827
Falls,
Wis----00 ber 10, 1898, the issuance of $8,500 water-works bonds was
For description of bonds see Chronicle of September 10, authorized by a vote of 360 to 58.
1898, p. 551.
Williamsport, Pa.—No Bond Issue,—According to report
Spring Lake fBoromili), N. J.—Bond Offering.—Proposals an ordinance has heen introduced in the Common Council
electric-light bonds. In
will be received until 12 m. to-day (October 15,1898,) by E. V. authorizing the issue of $50,000
Patterson, Mayor, for $70,000 5% 80-year gold water-works, reply to our inquiry, the City Treasurer says: “Don’t think
we will issue any bonds, only talk.”
sewer and park bonds.
Wilson County, Tenn. — IFarranfs Authorized.—The
Toledo, Ohio.—Correction.—In the C hronicle on October
1 we stated that ordinances were being considered in tlie County Court recently authorized the issuance of warrants
to take up about $75,000 railroad-aid bonds maturing January
City Council providing for the following issues of bonds:

___INVESTMENTS.____

INVESTMENTS.

INVESTME NTS

Government a n d
Municipal Bonds

H IG H -G R A D E

PUBLIC SECURITIES

State, Municipal, County, School

B O U G H T AND SOLD.
A PPR A ISEM EN TS m a d e o r q u o t a t i o n s
FU R N ISH E D FOR T H E PURCHASE, SA LE. OB
EX C H A N G E OF ABOVE SECU R ITIES.

BONDS.
Legal in v estm ents for Savings Banks In New York
and all New England.

SU ITA BLE FOR

S A V IN G S B A N K AN D T R U S T
FUNDS.

L I S T S ON A P P L IC A T IO N .

N. W. HARRIS & CO., Rudolph Kleybolte & Co.,
B A N K ERS,

3 1 NAS?* A U X T . ( B a n k o f C o m m e r c e B l d g .)

ADAMS & COMPANY,
BANKERS
D EA LER S IN

I N V E S T M E N T BONDS,
M em oirs of Boston Stock Exchange.

No. 7 Congress and 81 State Streets,

BOSTON

B A N K E R S ,

N o. 1 N a s s a u S tr e e t, N ew Y o rk ,
3 d a n d W a l n u t S tr e e ts , C in c in n a ti, O.
L I S T S M A IL E D

~

U PO N

$175,000

1 s t M o r t g a g e 0% 2 0 - y e a r G o ld B o n d s .
T otal issue $2-50,000.
F irst M ortgage a t $14,000 p e r mile.
Net earnings for 28 m onths of operation, $09,983 99
equivalent tol2jS on the total issue o f bonds.
Population of Los Angeles 103,079.
Send fo r full description of property.

E. H. R O L L IN S & S O N S ,
M A S O N , L E W IS & C O .,
B A N K E ltS ,

M u n icip a l, Railroad,
Street R a ilw ay and G as

6 7 M i l k S t r e e t , B o u to n .

§ 7 T » c n M , N . Y „ R a p i d T r a n s i t E ’w a y 5 a .
NEW YORK,
1 NASSAU STREET.
PH IL A D E L P H IA - 421 C HESTNUT ST.

Leach & Co.

C H IC A G O ,
IOO D e a r b o r n 8 t .

NEW Y O R K
3 5 N a ssa u S t.

T R O W B R ID G E ,

M a c D onald
& N iver C o .

Los Angeles Ti action Co.

D EA LERS IN

BONDS.

Farson,

A P P L IC A T IO N .

1 9 M ilk S t r e e t , B o s to n , N a s i .

EDW ARD C. JONES CO.

LISTS MAILED ON APPLICATION.

1 » 1 L a S a l l e S t r e e t , C ltic a ito ,
O FFE R FOR SALE:
S ta te o f M a s s a c h u s e tts ...—
S a l t L a k e C ity , U t a h . , ...... .
T r i n i d a d , C o l o r a d o .............. .
And O ther Desirable Seourltles.

M U N IC IP A L
1st Nat. Bank Bldg.

BONDS,
- - CHICAGO

F. R . F U L T O N & C O .,
M
171

unicipal

LA

SALLE

B

o nds,
STREET

CH ICA G O .
M. A. D evitt & Co.,
MUNICIPAL BONDS.
FTrnt N a t i o n a l B a n k B u i l d i n g .

State,
__________ C H I C A G O . __________
County, City, School, Blodget, M erritt & C o .,
M UNICIPAL BONDS,
BA N K ERS.
Bonds.
Whann & Schlesinger,

71 BROADWAY, NEW YORK.

B R I G G S . S M I T H & C O .,
C IN C IN N A T I,

O H IO .

I6 C o n g re s s Street, Boston
STATE, CIT

&

RAILROAD BONDS

THE CHRONICLE.

O ctober 15, 1898.]

1, 1899. Warrants will bear 6sf interest and will mature part
90 days from January 1, 1899, and one third of the remainder
yearly on January 1 from 1900 to 1903, inclusive.
Windsor, Conn.— Loan Authorized.—At a town meeting
held October 8, 1'98, the selectmen were authorized to bor
row $5.00 • in anticipation of taxes.
Windsor (Village). N. V.—Bonds to be Issued— We are
advised by the village clerk that it is not probable that the
$30,600 water bonds will be issued before next spring, when
operations will commence.
Winnebago City, Faribault County, Minn.—Bond Offer
ing.—Proposals will be received until 2 p . m. October 31,189S,
by the Village Council. Andrew C. Dunn, President, for
$8,000 electric light bonds. Securities are in denomination of
$500, dated October 1, 1898. Interest will be at not more than
5$, payable semi-annually. Principal will mature $500 yearly
on October 1 from 1903 to 1917. inclusive. A certified check
for $100, payable to the President of the Village Council,
must accompany proposals.
Proposals were asked for these bonds until October 3, 1398,
as stated in the C h r o n i c l e of September 17, 1898, p.- 658.
For some unknow reason they were not then sold, and are
again advertised as above.
Woodbury, Conn .—Temporary Ijoan.—At the annual town
meeting the Selectmen were authorized to borrow such sums
as may be needed to meet the expenses of the town. These
loans, we are advised, will run but a short time and are
taken by local parties at 4(^7.
Wynne, Ark.— Band Offering.—Proposals are asked “ on
October 26, 1898 (will be sold November 8)” for $16,000 6# 5 20
year water works and electric-light bonds. M. Jolly is the
Secretar> of the Board of Improvements.
Wytheville (Town), Xa.—Bond Offering.—Proposals will
be received until October 22, 1898, by Walter L. Stanley, Fi
nancial Agent, for $82,000 4}£< refunding bonds. Securities
will be in denomination of $500, dated January 1, 1899: inter
est will be pavable January 1 and July l at the Bmk of
Wytheville. Principal will mature January 1, 1933, subject
to call after Jannary 1, 1909. These bonds are to be secured
as follows: $29,000 by the faitb and credit of the town,
$10,000 by a mortgage on its electric light plant an! system,
$23,000 by a first mortgage on its water system located within

INVESTMENTS.
G O V E R N M E N T , M U N IC IP A L
AND R A IL R O A D BONDS.

C. H. W H I T E & CO.,
31 S A S .A IJ S T ., N E W Y O R K .
AGENTS FOR T H E
A N G L O -A M E R IC A N R A N K , L td .,
C h a r i n g C r o a t, L o n d o n .

Individual Accounts received subject
to check at sight in London.
Cable Transfers.

W . J. Hayes & Sons,
BANKERS,
D E A L E R S IN M U N I C I P A L B O N D 8

L oated in tbe W e n t since 187I2,
and having bad large experience In
\V e n te r n M o r tg a g e L onnN ,

THE R. J. WADDELL
INVESTMENT COMPANY,

OK O T T A W A , K A N S A S ,
Offers S p e c ia l P a c ilitie N for th e care and collec
tion o f t he Securities of tbe

NEW

BANKERS,

the corporate limits of the town and $30,000 by a first mort
gage on that portion of the water system located without
the corporate limits of the town and by a second mortgage
on the system located within the town. Securities are author
ized by legislative enactments, resolutions of the Council
and vote of the people. A sinking fund of one per centum
upon the face value of these securities will be annually set
aside and invested, according to law. to pay off the same at
maturity. The official circular states that the town has
never defaulted in the payment of the interest on its bonded
indebtedness. The holders of the present bonds of the town
will be requested to deposit the same in the Bank of Wythe
ville, and the successful bidder, when all of said bonds have
been so deposited, will be notified and will be required to
deposit the amount of his bid for the new bonds with said
bank, the proceeds of which shall be applied to the payment
of the old bonds, and new bonds to tbe amount of $82,000
will then be delivered to him by the said bank.
Proposals will also be received at the same time and place
for $3,000
bonds. Only so much of this amount will be
issued as may be necessary to defray the expense of repair
ing the wafer mains of the town that have been directed to
be repaired by ordinance of its Council. Securities will be
in denomination of $500, dated November 1.1898; interest
will be payable May 1 and November 1 at the Bank of Wythe
ville. Principal will mature November 1, 1932, subject to
call after November I, 1908. Bonds are to be secured by a
first mortgage on the machinery and equipment of the
Matthews Pumping Station and the tract of land upon which
said pumping station is situated, and by a second mortgage
on that portion of the Crys al Spring extension of the water
main, extending from Stroup Town Dam to Thirtieth
Street.
Youngstown, Ohio.—Bond Offering.—Proposals will be re
ceived until 2 p. m. October 31, 1898. by F. C. Brown, City
Clerk, for $7,860
Himrod Avenue opening bonds. Interest
will be payable semi-annually, at the office of the City Treas
urer, and tbe principal will mature yearly, on October 1,
as follows: $1,800 in 1900 and $1 500 from 1901 to 1904, in
clusive. Bonds will be dated November 10, 1898, and are
advertised in accordance with the ordinances passed in Coun
cil authorizing the sale and issue of said bonds.

INVESTMENTS.

27th
year

E N G L A N D LO AN
& T R U S T CO .

H ave received for collection about $2,000,000 of
th e securities of the fol'ow lng com panies: B qnita
ble Mortgage. Lombard. W estern Farm Mortgage,
and Jarv is Conklin. H end fo r c i r c u l a r giving d e
tailed statem e n t of what we huve accomplished.
CIm porters' & Traders' Nat. Bank,
R eferen ces:
New York City.
' M ercantile T ru st Co., Boston, Mass,
and many others East and West.

MUNICIPAL

BONDS.

Securities Netting from 8J^ to 6*
ALWAYS ON HAND.
Send for our in v estm en t Circular.

D U K E M. F A R S O N . Banker.
duuiclpal Bonds.

1S*2 D e a r b o r n St r e e l

CHICAGO.

8tr*et Railway Bonds, and o th e r high-grade In
vestm ents.
BOSTON. MASS..
C le v e l a n d * Ohio*
f •™banxe Place.
3 1 1 - 3 1 3 Hu perl o r St.
f'ttbU A d d rtu . " K E N N E T H ."

W A S H INGTON
State W arrants,
To Net 6%.

M U N IC IP A L BONDS.
E . C. S t a n w o o d & Co.

C A L V IN PHILIPS,
TACOMA.

-

818

MISCELLANEOUS.
1850.
1898.
The

United States Life
Insurance C o.

IN T H E C I T Y O F N E W Y O R K .
A ll P o l i c i e s n o w tanned by t h i s C o m p a n y
contain the fo llo w in g c laim em
“ A Ite r o n e y e a r fr om t h e d a t e of la n a e , t h e
l i a b i l i t y of t h e C o m p a n y u n d e r th in p o l i c y
■Hall no t he d i a p u t e d . ”
“ T h l a p o li c y c o n t a l n a n o r e a t r l c t l o n w h a t 
e v e r upon i h e I n j u r e d , I n r e a p e c t e i t h e r of
t r a v e l , r e a l d e n c e o r oc cu pati on .' *
All D eath C la im s paid W I T H O U T D I S 
C O U N T ns so o n us a n i l s f n c t o r y p r o o f s h a v e
been rec e iv e d .
Active, a n d S u c c e ssfu l A g e n ts , w is h in g to r e p r e 
sen t th is C o m p a n y , m a y c o m m u n ic a te w ith
R I O H A R D E. O O O H R A X ,s d V ice -P re sid en t*
a t the H o m e Office, aor B r o a d w a y , N ew Y o r k .

o f f ic e r s :
G E O R G E H . HU R F O R D .. ...............P r e s i d e n t
GKO. G. W ILLIA M S................... ........ V ice-President
C. P. F R A L B IG H .......................... ..2d V ice-President
RICHARD K. COCHRAN.......... ...3d Vice-President
........... Secretary
A. W H K B L W R IG U r.................
J L. KKNWAY ........................... .A ssistant sec re ta ry
W ILLIAM T. STANDKN.......... ..................... Aeouary
A RTH U R C. P E R R Y .................. .......................Cashier
JOHN P. MUNN............................ __ M edict*; D irector
FINANCE COMMITTEE:
GKO. G. W ILLIA M S.............. P res. Cheni. N at. Bank
JOH N J. TUCK HR.............................................Builder
E. II. PK R K IN 8, J R .. . Pres. Imp. & T raders’ N at. B k.
JAM ES R. PLU M ................................................L eath er

CHOICE MUNICIPAL BONDS
from S O U T H E R N & W E S T E R N states,

yielding 4 to 5%%.
ROSENBERBER & LIVERMORE,
F o r t y W a l l H tr e e t, N e w Y o r k .

WASHINGTON,

BANKERS,

SECU RE BANK VAULTS

S. A. K E A N ,

121 Devonshire Street.
BOSTON.

M UNICIPAL, A N D O T H E R
SE C U R IT IES,
1 3 2 L a H a lle H tr e e t, C h ic a g o ,

W illiam E . N ichols,
IS W ALL STREET,

-

GENUINE

NEW YORK

WELDEDCHR

M U N IC IP A L W A R R A N T S
fo r

LISTS'

18

W . D. Van V l e c k T "
3 5 N A SSA U S T R E E T ,

- - NEW

tf AM l i D K N ,

YORK.

M U N IC IP A L BONDS.

» H

l

8 IIIKICr,

NEW

V olt*

K .t a b l l . h e r t 1 S U 9 ,
MWimHKKS o tr NEW VORK STOCK HXCHANOk
aiiuw in terest on depoeita subject to flight choc*
tfuy ..ml soli on commission .looks end bonds e lth .
tor oesb or on merjrln. end (leal in

In vustiiioiit SocnrlttfiH.
II. J. Moiisb . CnAg. D. M Ait vi if. w . M.KiDOBa

STEELANDIRON.

Round and F lat Bars-and fi-ply Plates and Angles
FOR SAFES. VAULTS, Ac.
C annot be Sawed, Cut, or Drilled, and positively
Burglar Proof.
C IIR O M K 8 T E E L W O R K H ,
K ent Ave., Gap & H ooper Sts.
Sole M an’f'ers in th
B R O O K L Y N . N. V

C H R O N IC L E V O L U M E S F O R H A L E .
W ILLIAM B. DANA COMPANY, 7 0 ^ Pine 8 tMNY

Vol. LXVII.

THE CHRONICLE.

8H

Trust <£ompaui«*.
T rust Company United States Trust Co.

Union

AA

OP NEW V O K U .
S i .M O .fH H I

*

3 ,0 0 0

J f C T S O I T X J *PS A*
ttecu tor, Administrator, Quardlan,
R»c»i»«r or Trustee,
a

i .m d a i

n u p o tu T o k t r u n

mohmt

aw* a# TKCvm* or «oim>*o*» or
OOW’O tU T lO K H and a c re p u
tni& tfw ««ceei
t* a n u tu m o f «b>ek*.
a l l o w s i n t e r e s t o ft d e p o s i t * . *b»<h iM r
H u d * «t
Ub a , i n t w ithdraw n «o B te day**
a >u«* with ifitanwt
the wbe4* lim a they iwsmta

nth tin ««&(•&;,

(or

f w tb a c o u ee n te rre o f depositor* th is noaspeny
ACCOUNTS.
•ordaeo* wtsh su rule**., to chock a t *tghi. and allow*
tfturwe.'. mptm th e reeumn* d*i)y balance*- Such
tk«e*» o« m through th e Q e a m u t llu u w .
Attends *rectal 1y to the
M A S A O M M S S T O P R K A L S B T A T A
aed to th e eoOeetion end reuamaoe* of rant*.
(t auUM ittfifl prontw-tj In u#
» V U G L A M A tfD F iR K P R O O P V A U L T S
not th e w f e tM © it « o f
placed In it* cus
tody. on which u eoliret* end result* idjwbw
EDW ARD KINO, President.
CORN SI.) US O. WOOD,
/
JA M * 8 ii O G ILV I>:
J vie*-President*
A CGUftTUft W KKU.KT, S
r . B, TH A Y ER , fteereU rr
%t KHKITT, A**.i*t*m Secretary

ii*o opees CU RRENT

subnet,tft a©-

nK*WUNok Trust ttBcstr.

New

York

Security &

Trust Com pany,
46 W A L L S T B K E T , N K W

YOUK.

C a p it a l. S i . 000,000 ff o r p U e . S I , 5 0 0 , 0 0 0
C Q A R X J8 S, FAIRCH ILD , P resldent.
V S . L STRONG, U t Y toe-Pre*
ABU AM M. HYATT, Ed V lce-fTe*

OUBOHJJ W . B R IG H T . IM M M IT .

2KLA11 TAN LOAN, A ML Secretary.
A a t fro n te d to a c t * • c t e o ii ttf , m w tw ,» d B tD !* ln k .

or guardian- a#«ct and rocvirwr
lletwi**-* defrost** subject t »sight draft*, allowto*
(htwcoat- A Mftai depository fur court and tre a t
te st

A 4wliCTil*d her* unitary for th e n » * m * o f Skat#

of hank* **4 banker* su iiated .
TROVTWER,
< ftl f l l u l l l f l , |M. C. I) lk>n«a, [Janie* A* BUtr.
V , II, A rrf.i*-u.tT. n. Aytwaf
J G. Mr<*wll».ugli,
V f t. I- S lftta a .

V . r , Buckley,
A « . Ifhleaft.
Edward URL

J a m * * J , tlU l,

H

ft. N. Gibbs.
>. W , ftteritflUL
V. It, < W d s rt,
II. W alter W t-W*.
Ua*»n» W itlnaa, John A lleCalL

V. D. R andolph. | | f. W , S i t a n o

jA ldaoeF .'W alker.

Rhode Island Hospital
Trust Com pany,
P K O V in E N T E ,

K .

1.

(Jaaltw l

S I.O Q O .ttO O in a r p la *
E T 3 « 00(1
o u tK o n m a ,
iheyai r . T a f t
lireuteo H- Cau&pt ell.
tu»ht I t L Ooddard R dbett Knight,
awe. w A i M i w o t John W. Daniel*. tu
Herbert J. Well*
w a n a a t>. « y
A&hert t U *« eil.
J o in C. IVgrata
Lrn>ac I t 0 aS
WUUa* Sinner.
Won*** It Weedetk. Ota. li.vrdoc Kin*
low land U, Haaau d,
S d w ard U. r « w w
(>«*«*» Sharp*
HEKMK1IT J, W I U A SAMI . It DORkA K rs
r t —<dta t
fiea lV w N lN a .
EDWARD A CleA RK
WM. A. G A M W EtL
“ * r ♦ Aecf*t*f

The

Union

Trust

Co.

m -fir n * m * r * n « » » n

CAPITAL,

♦

#l,IHMI*000

Vr»a.'*aata * Ueaarwu T r a i t an d a * /* i r ^»*u •&*>-* •*•

a Me •* TreiM fwr Aaenw MBewearAf and T ra*reea
«a4e» e*.,-e'pfc**r»l ui>»

Oe»se<ld a n d K*«.wa it-a « -.a *j naea^oefrte Katefr

Aca^am* i ; k * a t t n and <*umw*.

(ktarew i Afaawed on i*ee»
rTfNMwA.
tw w lT P dfrdie*
i , d lM n io fi I r l f C k
T I*‘ *WA.r i*. r t n u *

fw ? lew ire a u te w t OS»»S a»S A r W R Y H I A
Tre*aer»T an d a e - te ta c j,
T r a n Hdfrtwr

A i d f t A i O k i P r amM ,

rs u rt

a

iirrs itii

PU U pU BA
f A Alrvsa,
ur<e«Nbh t i* * < * iT V a. I t raikoft
Mi ward R eiter. W
P
^ U * t a gBfr.JL Parkin*,
P MeMraUi | W a . C. pu***er.
Vaw t . rw ftd iR Idfrhe
.,_ ___________
Tfr-cweawt. *4oad. f n e t f r t lk » 4 . I.
TTnwua*

Wm-. It lr*toa, htMtf A Water*,i

W A L L

3 T K K 9 S T *

C O N T IN E N T A L
T R U S T C O M PA N Y ,
OK T H E C I T V O F IfR W Y O U K .
30 BROAD ST R E ET ,

CAPITA!......................

he

St a t e
100

T

r u st

C o.

BROADW AY.

C a p ita l a n d ftn rp lu a ,

-

C A P IT A L *
$ 1 * 0 0 0 , OOR*
MI’ K P L U S ,
.
.
.
1 , 0 0 0 ,0 0 0 *
T r n n a a c t* a C J e n rm l B n a k ln K B a a ln e a a ,
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TO CHKCK

r a u a r * * uhumh moktoaoxs . t b a n sf * b a a * «
I tB O Id T B A B

BOARD OF DIRROTORS ;
T. JeDWiun Coolldtfu. Jr,. Pr«*atenl.

Walter
Hannewal)
W.
Powell
Mason,
Geo.
V.
L.Minot,
Meyer.
Laurence
B. I*. Chaney,
KlcnardILGluey,
T. J efferent! CooIKUe
Henry
Reed
Ch**. K. OoUlh*,
Nathaniel
Thayer.
Goo. F. Fab ta n ,
Stephen
M
w*»’d
Geo. P Gardner,
Henry
C.
Weston.
Henry ft. Howe.
T. J*rr*aao* Coouixs*. J b.. Pr«Wrei,
C. 8, Tuckbbman, ViC4~Pres't and IVsaa.
o i u e r A toe*.
C W, Atnory,

ftam o eiC arr.

G *o. P . G a r d .v i b , G o r d o n A b b o t t ,

Fkancis R. HAST, VicoPruid

R. A. PffrPP*N, Bfcrrl*jrv and A u 't Tr&u.

JOBEPB G. St e ABN8. A o ’t Secretary.
K. E lmer F o r * , A$st. Secreta ry.

A M E R IC A N LO A N
-A N D -

TRUST

1900,000

* t H F L I H ........... .......... ........... IM iO A O
OTTO T. BANNARD.................
........... Prreldant
WILLIAM ALKXANDBR SM ITH.. l* t Vloo PreaY
OOIUK1N MACUONAJLD...1M V ice-Prre't and SftO*y
1IXKRY It DABOLL..................Awhitaut Secretary
O e e lr u a c e d by t b a M n e re m e ( o u r t u
a
O e p o i l t n r r f o r C o u r t IR o n e y a.
I n t e r e s t a llo w e d on D e fto a lta .
R z e o a te * a l l T r a i u .
TRC8TKKS
William J ay.
Giraud Poater,
Alfred M. Horv,
Gordon Macdonald
Rudolf K. V. 1- 'loach,
Gordoc N om e,
Robert R. Holt,
A. l^anfear N orn#
OUrer Harrtman, Jr,
William F. Cochran,
Woa, A lexander Smith. W alter Jennings.
Robert O lyphant
William A. l!As*rd
W. Seward Webb.
Frank II, P la tt
O tto T . Hannard.
Traitor L Park,
Robert W. DeFor«at
Oswald ftanderaon.
Joseph W alker Jr.

T

O LD C O LO N Y
T R U S T CO M PA N Y .
B O S T O N , M ASS.

$ l 2 f 0 0 0 r0 0 0
Thi# C om tauf u * l<v«3 depoaiihry for aiffiftR
te w M o i »*iit. *nd M»autnorlsed to a c t a* utm rdikn.
T m * irr nr t» « n io r .
I K T E S K h T A l.l.O V V K D ON O K P O H IT H .
•Ul«h bmo he m ade a t any tim e and withdrawn after
h f e day** noiioe. and will ho cnutied to w tiK M t *t
*«ch rate*a* may he aitrred npmh
, ^ .
b w c ^ ia R , Aotuinifiraior*. o r Tru*ioc* nf Tadafe*.
ItdittfMi* an*! lh o c ro k fit uM ItSOanft. and In d ir Id
nai*. will end Oil* Company a oonvenlent denb*it<iry
fo r mammy.
JO UN A STKWAltT. P rtA U ta.
0 W tU .lf* JAMBS. Pfce-PreHdmf.
JAMB* ft CLARK. Neewid Vu*
IIBNIIV I. THORNRU*, » m U r > .
LOUIS G. HAMPTON, A**t*(.
T R I ’N T K K K s
j^mnc'} SI nan*
C tU iN ft. Smith, W. W ald. Vat or,
U. Willt* Jnnu*v Win. lUfckefoHw. Jwnc* .Stillman,
Jo h n A. Stewart, A l e n a t o R O r r , J o a n ClafUn.
J, I t B haSIte, Wm. H . -uAcy. J r., Jo h n J . Phelpa,
An*~- n I* Stoke*. Wm. 11. Sloan©, Haniel l^>nt
J .h o C. Brown, ti ll. Schwab.
John S Kennedy,
Kdward CWper, lYank Lym an,
r u t Mill*.
\V. U. Ctittin*:.
Qeonta K. VleU>r. l A t U C U if iir d .

0 1 ,8 0 0 ,0 0 0

A ct* a* T ra a te r* . t i e a l a t r a r . T r a n s f e r n u d
F le c a l A g e n t ol I o r p o r a tl o n * . a n d t u K j .
ecu to r , A d m ln U tm to r , T r a a t e e , l i u n r d t a n
a n d t e m m l t i r c ol K * in te * . l.c c n l O e p o a llo r y fo r C o u r t a n d Trow ! F o n d * , T nU e#
( a ll c h a r g e or R e n l a n d P r r » o o a l l U t n i c t .
I n t r r e * t n llo w e d on D e p o sit* .
ritA N C Ift A BANGS. P re^ d e c t
WM. A- NASH, v; te»-«*re*«0*m.
MAC RICK s DFt 'KKU. ftecretair.
II. M IK A SC IS, T
t rr ?
H. R. RKRliY, T n u i Ottoer.
r \w $ T w e s .
White St. Patna
r»?rre*t H. Parker.
Henry ft. to o k .
Charie* ftcaibner.
W alter ft. Jotmaum. Charlee L r>Sany,
Joaeeb N. tlailoetGeorve w W hile
Ihjwit. a . Me a (pin
PercTyaJ Kn*uth
Andrew Milt*.
Francta A Sanaa.
WlIllMa A. .Nash.
Krancte Lynda ft*eteop
Oeo. Fr»ei*r PeehtXfy. T num w A. McIntyre
J. D I* m tet
Bdward IL p w .
H enry
A n a e 0 , McCook,
OtMrsr* W, ijm n tard R. A. C. ftmlth,
T b o a F. itran-

CO M PA N Y ,

BOSTO N* B A SS.

§1 ,0 0 0 *0 0 #

C .4 P I T A L ,
5 0 0 ,0 0 0
SU RPLUS, A tepid depository of moneys p&id tnto C ourt a n e
for AdmmUtr&tora Executors. Guardian*
Truftee*.
INTEREST ALLOWED ON DEPOSITS.
Trustee* under Mortgagee, Transfer Agent* an*
Registrars of Stock.
BOARD OF DIRECTORS,
Cha*. Francis Adams 2d Samuel Ltitifr
Oakess A Ames
S. E. Peabody,
Edwin F. AtkinsFrancis Peabody
Isaac T. Burr.
Albert A, Pop#
Samuel Carr,
N. W. Rios,
F. Gordon Dexter
R. E. Robbins
David P, Kimball
W. B Thoms*,
8. ENDICOTT PEABODY. President,
N. W JORDAN, A ctuary,
K, A- COFFIN T reasu re

Maryland Trust C o .,
(iO R S K R S O U T H

AND G K R 3 U S

C A P IT A L , § 1 .0 0 0 .0 1 1 0
. S U R P L U S , § 5 0 0 ,0 0 0 .
A LEGAL DEPOSITORY FOR COURT A N D
TRUST FUNDS,
Act* as Financial Agent for States. C ities, Town*
K utroeds Jtxii other Corr-i-rait:-as. Transact* & gen
eral trust buxines?. Lends money on sp p ro re c securisy. Allow* internet on special deposit*. Acts
m T rust re under Mortgages, A w if f m anto and
Deed* of Trust, as Agent lor th e T ran sfe r or Regis
tration of Stocks and Bonds, and fo r th e paym ent o f
coupons Interest and diTidends,
I. WILLCOX BROWN, President
LLOYD U JACKftON. VlmA V ice-President
HKNRY J. BOW DO IN, Second T ice-P resident
J, BERNARD SCOTT. Sf&cy. A Treat.
OiRRCTO&S
Wm. A,Marours*. Lloyd L J « c u e & .;l o M t i L e r t i R B
F rank Brown.
11. A. Parr.
Jam es Bond,
Alex. Brown,
C larion C- H ail. J . D. Baker.
U . J . Bowdolsu

J .W u lo o x B re w s , F. M. T h le r to t,

Brew R. Gordon. Fred*k W. W .» i'J o s . E. W illard,
Hfrnry W altera. Andrew D Jone? J . A. Tom pkins
W . B. BrookmJr. |W ,U . B aldw ins r|

B A L T IM O R E .
* Oenoral lUnking sod Trent Suair,**** ttee*>me*
Tfw*t«« tinder W.^laaurea or Owed* o f T reat. FicanrtaJ or T ransfer A«ant for Male*. QUe* u t t *>rpc,retle a a. r t a , ear Par* inieregt <wb
J o h n U R L A K lT rnM M jet.
WM. M B VK.N. ite p ry lsg »»«1
m t . i k r , J o s . K- w w n f i o . r » i i

OinaHu,! w» it.

i

SV P.

B A L T IM O R E .

~~
GUARDIAN
Missouri Kansas &
T rust & Deposit Oomoanv,

P H I L A D E L P H I A , P it

IheocewMA d IASS

47

C A P IT A L A M I R l U P L tf L

N*w Yortu
C A P I T A L ,
i v m r a ,

f >ri

S.

4 Cclt C hairm en; IMiniel Millar. H enry
Matthew* John L. make, rre a rt* A. W hite,
0. r « u w , (U»ll O.

T e x d .»

Trust C o .,

7 * h a n d W i a a d e u r S s» ,. K u n i d t r . .Me.
1 « » • ■ • ' u , S . Y „ , 0(1 | l i n u s : “ U .f 'h 1 la .
10* H m l l t t w , « - B o x .:,

*M ne*l -4 3 k , * ( H . i r r i a a d , l i i t t u i .
D , r « * M s . a i r u w } 4 B a rlta . l l .r a .E T
3 1 l.® a > b « ,4
U o * . e. K a x l u 4 .
« . n , o . r „ . l ».** H a i n a n r s . G a r.

13 R a n 4 a l,« .T r r . P a r t., F ra n c a .
« I f i u V u 4 v » 4 iV i4 a 4 F ? i i i i ' : ® i : » S o : o o » i

Metropolitan Trust

Co. Zw "- ; a r . r

o r t * , c u r of s * » T « k
4 * « » 4 3 9 VV,1 1 o t m L S o w Y o r k .
r s l 4 . a 0 M . 0 U K l . ................................I l . o o o . m o
* * r o l „ ................... ...
1 .0 0 0 ,0 0 1 1
I
m • in » l 4o*»wR,f. o , a r 4 » of
Oooiom , ctosrv BooolTO O w a t p of
ac Ic
I lf W . »<« aa Sa-,1 o rU a s ifo r aoaot. or t m o . for
O T]aoo aoorp, «n.I h m i * u t local Ir a s ,,
Trow oacaoao r f m roorM tom . «* aa ta»or»0la ta ra u
j ^ r ^ r S S C S r r f M T , a i * — £ ,> »
c . M. j*«ap. id \ r r e a
Se**rty Chew, ftegretar*.
J. C hetry. k v t m j k n x «te-=^etar*

,

.

*TiUg-T^rW-iuna
Jf,rlt|5«aKK

• E S ^ b S S i * 3 2 L 4 “ ^ s *enM* rT ; T -,a iB >
* * 9 - . t e S 5 ^ * V a a 3 S r j . G a a ra ta r
^ n .T a a a
V e k a•C4 ' h * r » *
H -a a a r t l a a . c a ll a n d a t
* * , ( b a a r l a a U i t . a t e ., f a ,
S a a i a r * T a a a a ta r a .
Full text of Commercial and Financial Chronicle : October 15, 1898, Vol. 67, No. 1738

FRASER
