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5
1
1
,
inanrial
1¥^
ranirle
V
INCLUDING
Bank and Quotation Section
and City Section (semi- Annually)
Street Railway Section (^'^ yta^i!?"^^)
State
(Monthly)
Railway and Industrial Section (Quarterly)
Entered according to Act of Congress, in the year 1904, by William B.
VOL.
Dana Compant,
SATURDAY, OCTOBER
79.
in the ottice of Librarian of Congress, Washington. D. O.
15,
NO.
1904.
2051.
Week endino October 8
Clearings
(A—
1904.
Inc. or
1903.
Dec
I
1902.
1901.
PUBLISHED WEEKLY.
—
Terms of Subscription Payable in
For One Year
For Six Months
European Subscription (including postage)
Kuropean Subscription Six Months (including postage)
Adrance
$10 00
6 00
13 00
7 50
£2
£1
Annual Subscription in Iiondon (including postage)
Six Months Subscription in London (including postage)
lis.
11 s.
Subscription includes following Sections—
STATE AND CiTT (seml-annnally)
BXSK AND QUOTATION (monthly)
Bailway AND Industrial (quarterly) btbekt Kailwat (3 times yearly)
I
:
135333,261
Boston
Providence
Hartford
...
New HavenSprinefleld
Worcester
Portland
Fall River
Lowell
New Bedford
Holyoke
Total New England
126,677,531
5,914.100
2,507,710
1,781,503
1,707,040
1,427,823
+6-8
-1-20 -7
-f340
4-31-1
—30
+12-:^
l,6ll(U>r,
-1-3 1-3
967,056
—43-8
538,(547
-30
544,784
479(177
+103
155,952,014
144,156,937
206,985,354
26,012,650
15,059,059
10,568,022
8.905,101
7.660.515
5,193,000
3,471,709
3,387.947
2,068,365
1,724.360
1,396,543
624,000
670.446
631,904
852,250
483,050
510,398
889,129
361,168
874,411
368,459
283.026
187,327
249.898
175,000
177,026
185,012,103
20,888,200
15,424,631
10,748,796
8,015,935
6,506,052
4,57S,SO0
298,770.766
269,105,599
32,52!^ ,639
29,174,475
6.109,035
4 807,077
4-48-y
+82
147,186,118
0,785,200
2,725,518
1,801,358
1,491,91
1
7(39.285
1,493,244
1,168,444
144,300,856
6,956,700
3,014,519
1,620,612
1,575,525
1.724,271
1,485,148
548.488
355,84
954,569
620,843
536,288
303,562
165.910.921
163,151.893
163.750,148
20,339.550
152,782.920
17.262,050
13,685,951
13,712,326
6,966,412
4,221.211
3,338,000
58.'j,507
|
Terms
of Advertising
—Per
Inch Space
ChlcaKO
Cincinnati
Transient matter per inch space (14 agate lines)
Two Months
Three Months
Months
Twelve Months
Six
i
(8 times)
(13 times)
(26 times)
(52 times)
!
$4
22
29
50
87
20
00
00
00
00
LONDON AGENTS:
each.
'WIIiLIAin B.
Post
DANA COMPANY,
YORK.
New
1904.
York.
111,664,118
99.443,703
23,718,815
159,228.205
50,454,595
15.694,487
115,019,609
88,822,615
21,868,128
157,585,738
46,318.706
12,627,218
+1-0
+8-9
+24-3
$1,704,696,253
825,000,411
$1,381,307,748
310,071.469
+23-4
+4-8
Cbicasro
Louis
Orleans
New
Seven cities, 5 days.
Other cities, 5 days
Total
all cities,
All dtles, 1
day
Toledo
Grand Rapids
Dayton
Evansville
,
Youngstown
Kalamazoo
J-8-5
,
Lexington
Canton
Rocktord
,
,
O
,
Bloomington
Quincy
Decatur
,
Mansfield
Jacksonville
,
Jackson
Ann Arbor
Total Mid. Western
San Francisco
Los Angeles
6,452 ,897
5,394 018
2,802 467
5,874 ,819
8,418 478
2,881 848
Seattle
Salt Lake City..
Portland
Spokane
Tacoma
555 .173
062 ,716
Helena
Fariio
Sioux Falls
Total Pacillc.
Kansas City
Minneapolis
$2,029,696,661
445,978,647
$1,691,379,217
336,139,565
+20-0
+32-7
f a,475,C75.31
!ta.02T.518.782
+221
Omaha
St,
St,
Paul
Joseph
Denver
Des Moines
Sioux City
Total
The
5 days.
+32-5
—2-9
+12-0
Sf939,065,784
PhUadelphia.
Baltimore
St.
P. Cent,
1903.
«1 ,844,492,330
Boston
Indiatiapolis.
SprineUeld,
The following table, made up by telegraph, etc, indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, Oct. 15, have
been $3,475,675,311, against $3,671,543,272 last week and
$2,027,518,782 the corresponding week last year.
Week Ending October 15
Milwaukee
Columbus
Spritiefleld. Ill
GLUABING E0U8E RETURNS.
Clearings— Returns uy Teleqraplu
Detroit
Akron
Pablisbers,
Fine Street, Corner of Pearl Street.
NEW
Box 958.
Office
Cleveland
Peoria
Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, wlU take sub
sonptions and advertisementa, and supply single copies of the paper at Is.
all cities
for week.
week covered by the above will be
given next Saturday. We cannot furnish them to-day, clearings being made up by the clearing houses at noon on Saturday, and hence in the above the last day of the week has to
full details for the
be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous
week, covering tlie returns for the period ending with Saturday noon, Oct. 8, and the results for the corresponding
week in 1903, 1902 and 19U1 are also given. Contrasted with
the week of 1903 the total for the whole country shows a gain
of 35-1 per cent.
Outside of New York the increase over 1903
is 11*2 per cent.
Topeka
Davenport
Wichita
Colorado Springs...
Fremont
Clearings
Week ending October
at—
1904.
1903.
Inc. in
y
New York
Phllaflolplila
Pitt«bur».'h
Baltimore
...
BulTalo
Washington
Albany
i,,i
+636
718,612.785 1.115.735,448
128.964 «r,U
101.721.00.-)
43,451,544
39.4i:j,:tH7
24..'j34.hI3
24,242.6.%
7.242.910
7,0,'j;J,2I)4
4.589,627
4.4116.046
4,484.465
3. 01(8.4 17
114,13M.-"
-I-10-2
40.533.1 14
95.:i2:t.914
;i4,;(75.004
--1-2
--2-7
22,903.777
22.118.414
(i.09;i,li21
(,.4111.613
--2-7
,3.48:1.77:1
2,x.')9.,S49
+23:t
+80-6
4,:i.")l.9l:i
3,2:1.1.707
2,391.114
1,8:)0.51S
I.'^>H,49:
1,318.12:1
I,260.4HS
1,170.077
1,511,158
1.330,K,'-,9
611,r>.S4
7.V.!.707
71I,H43
692.941
342.200
4< 0,313
817,501
Rochester
Scrnnton
Syracuse
3.55.').7H(i
2.722,«C.9
l,750,n(l(i
1.826 471
-42
1,4(1') ;tSf
l,2.->5.82«
-t-10-:;
Wllraliiiiton
Wilkes IJarro
1.087.6^'*
l,055,M(i9
7«2,0,Vi
Whee.Inc
BlnKhamton
4H4
OreensburiT
Chester
Krle
FrRnklln,
408.7(19
Pa
Reading
Total Middle..
9(1(1
1
-10
769.2(M
41H.700
460,9«H
441,70.'>
247.221
+Ml
1.938.681.350 1,307,486,481
41(6.700
-11-3
-18-2
.VI2..')9K
1.141. 4(;(; .Vot iTi.luil"
.
—16-;
1,2(!<1.352
223.81
1
-16h
.306 4^3
410.862
510.243
1,702,293,275 1,321.644 023
+2(18
414.729
374,557
14-9
+-9-5
(1
III
to
151.497,049
9,135,39:3
7,143,230
5,840.309
-i-13-4
-f(i-8
(i94,700
-10-2
-18-7
—17-3
+18-2
-16-7
—8-3
824.187
763,280
721.3;«
580,293
556,207
417,123
450.174
443.467
341,414
+0 8
-12-
+30
3
—6-7
—19-8
—15-6
+7-9
.33^.218
-148
292,392
197,197
—35-9
1(12,000
+,S-0
105,214
+6S-2
+11-0
+264
4,.'!72.050
2,970,230
3,112,61
1,603,220
1,601,146
948,396
620,000
622,587
594,830
555 324
582,856
406,964
399,982
462,460
,-351 974
258,603
216,031
232,988
217.480
165,000
99,111
252 106,137
,3.165,886
2,384,783
1,300,186
1,297,69S
782,709
573,400
.53S.791
521,851
397,796
481,853
360.53.'i
343,474
:i(i5,316
:312,652
245,104
65,000
164,274
144.096
78,581
225.457.368
2,7 6(3,132
4,07:^,193
2.402,04()
2,010.4H!S
550.240
712,99.
347.452
60,571,1600
52,953,745
22,164,334
24,786,145
8,943,112
6,809,490
4,697,688
4,413,707
2,H32,782
1,630,480
27,328,717
1,004,694
1,386,186
1,845.220
1,2L0,336
947.992
665,235
251,546
892,288
288 550
211,265
17..S00.270
8,172.K24
6,40:!,001
4. 56/, 2
12
4,990.330
2,601,51(
1,441 019
77,872,546
Louis
New Orleans
63,355,439
17.486,893
50,900.098
Louisville.
10,6.H8,420
9,351,.'i05
8,778,882
7.000,000
5,073,004
6.994,574
5,964,154
4,016,109
3,100.076
2,290,946
2,140,780
1,421,484
1,217.388
2,179,771
1,056,921
9,693,261
5,758,000
Houston
Galveston
Richmond.
Savannah
Memphis
Atlanta
Nashville
Norfolk
Fort Worth
BirmlnKham
Knoxville
i5,oi(i.;i(i4
4,40s,n;36
6,2I«5,022
4,716,792
3.,577,55S
2,624,140
1,908.154
1,944.5:39
1,199,.')68
7V(i.33'"
1,121.002
1,985,878
1,001,476
l,359,76h
1,154,000
886.098
715380
1,098.8.35
We«kly
res not aval
829,641
425,^29 Not tnoliule
137,l«l.0;9
125,592 367
2 ,671,51H.272 1,977,107,677
IlOHuniont
Jnrksonvllle
Cohiinbuf, Ob
fl(;u
9.83,968
Total Southern
Total all
Outside Now York,
957,935,487
801,432,199
,
164
23,374,185
,
78(5
1,5,094.482
492
5,47;t018
1,897.(W6
2,360,969
Canada—
Montreal
Toronto
Winnipeg
Halifax
Ottawa.
.331
(^ii(!bec
\ (iiioouver
,129
133
333
624
049
llaiiillton
John.
Irf^ndnn
-H8-3 1,902,796 479 1,494()27 804
—2-4
-f24-7
.St,
St.
tal.
-1-24 -6
2.715,605
2.051,431
1.962,200
1,071,701
S0,533,39'
.Mhcoii
riiatt n n oosta
looa.
Dec.
flVl
Not Include
Total other West'rn
Little Rock.
Charleston
8.
3,249;U1
410 611
Cedar Rapids
Augusta
\
7.139,600
3,360,227
2.335,021
1,656,562
1,601,787
2,116,298
548,224
519,017
633,355
713,662
Vlclonn
Total Canada
l.!t.'>6,f.62
1,051,438
:m\
989.590
534.069
V4»
50.700,478
,842
]
8,0H6..'<)3
1,5!ll,031
42.082 !»«
——
—
™k
KiOl
chronicle.
ST REE 2 RA IL WA T SEC! ION.
A
new number
revised to date,
Is
of our
Stkeet Railway Section,
sent to our subscribers to day.
editorial diaonssions in the
The
same embrace the follow-
ing topics
'Vol. Lixix.
above respectlog wheat hud growti up with regard
to the probable corn product.
Estimates ranged
from 1,900,000,000 bushels as the total crop to
2,400,000,000 bushels;
now
at
length
the Agricul-
Department has by Its Investigations settled
these variances by finding that the grand aggre-
tural
NEW ELECTRIC SERVICE BY LEADING RAILROADS.
gate
FREIQHT BUSINESS ON ELECTRIC ROADS.
bushels.
for
always
all
the
States
Of coarse
made
early in
is
about
2,417,939,700
which
December, may modify this
the
final
estimate,
is
re*
somewhat; but the total now reached will not
presumably be changed to a material extent. In other
Again the cable brings an account of a Japanese words, the United S':ates has secured this year one
victory, greater probably than any that has preceded among three of the very largest corn crops ever raised
It.
No one is surprised, for when Kuropatkln left his
it being about 200,000,000 bushela in excess of the
defenses to make the attack, the feeling was almost 1903 product. It is likewise satisfactory to know that
anlversal that he was courting destruction.
The re* other than corn and wheat oats and Indeed all the
suit as It appears to-day Is chiefly of Interest to the grain crops reported by the Department except rye
outside world because it ought and must bring a close are larger than a year ago.
Hence the season's de7elto the contest.
This season has long been pro opments, so far as agricultural productions are conclaimed as the point of time when the tide would cerned, hold out a very favorable prospect to our
change and Rasaian successes begin. It was given carriers. Gross earnings of railroads promise, as one
out by her rulers and generals when the war opened, of the results, to be large.
with early advantages favoring the Japanese, that before the autumn set in that great nation would have
With the crop question consequently removed from
her forces in shape to crush the lesser power with her the debatable issues, the only real obstructive in*
ponderous weight. The autumn has come and half fluence appearing on the surface of affairs which
gone now and yet victory Is still with the Japanese, stands in the way of active progress the current year
while Russia is in a far worse plight than at the start. is wages. There is hardly a manufacturing industry
Is it not time for the defeated power, having eo in the land that Is not suffering from the high cost ol
thoroughly tried the arbitrament of war and lost, to labor. Also nearly every annual railroad report now
pay the piper and close the struggle.
being published shows the adverse eff dct on income of
Gross earnings inthis item in the expanse account.
The disclosure this week of chief Importance to crease concurrently with the new expenditures of
industrial interests has been the report of the Agri< capital, but the net shows no corresponding develop*
cultural D apartment made public Monday of the con
ments. For that reason the roads have been forced
dltion of the grain crops on Oatober 1.
This Govern- to contract, and the future is looked upon as favoroient document sattles much that has given rise to able or unfavorable just In the proportion as they
earnest controversy during recent weeks.
The yield are able to drop new work and to exercise new
of wheat is of course short, but many of the estimates economies in operation and thus keep up their net
made the last three weeks have been very disconrag- income cr increase it to cover new fixed charges. In
ing one usually good authority putting the produc
most cases this will be accomplished. In the last two
that
grain
tion of
at only 600,000,000 bushels, while years, as we all know, there were unusually large
some others of less note made it even smaller. It is outgoes from income as well as from new capital deconeequently a matter of concern that the Gov- voted to permanent Improvements, the further devel*
ernment's
investigations
disprove
these
mini- opment of which, so far as expenditures from income
mum results and fully confirm the more fa- are concerned, can be delayed. Such delay is not for
vorable estimates we referred to last week. It the public good, but what has been accomplished will
aeemi that the conclusions the Agricultural De make for lower cost of doing business, so that altopartment reaches warrant a yield a little
in gether the general belief is that the railroad year. If
excess of 65l,C00,C00 bushels.
Last year's yield, as no untoward event happens, will in the majority ol
determined by the same authority, was 637,821,835 cases be prosperous in spite of high wages.
bushels, or about 86 million bushels larger. Hence, as
Manufacturing concerns will have to work out the
the exports of wheat in 1903-4 (that is, during the problem each for itself. The petition filed this week
12 months ending with June 30 190i, the period in against Schwartz, Schiffer & Cl\, the big glove firm,
which the 1903 wheat crop was marketed,) were only with a factory at GloversvlUe, is a fresh ciise in point.
about 119 million bushels, and assuming that home A strike that forced a stoppage In the manufacture
suit
THE FINANCIAL SITUATION,
—
—
—
consumption
will call for as
much
in
as
1903 4 (and
other features remain unchanged), there would only
be left for export during 1904-6 about 33,C00,000
bushels.
It is reasonable, however, to expect that a<
the higher price (say one dollar a bushel, against 80
cents last year,) and with labor not so fully employed,
that considerable economy will be used in wheat con
at home, and that the exportable surplus
sumption
may
reach
twice, or perhaps
more than twice, that
amoant.
In connection with the foregoing the corn exhibit
in this same Government report
gratifjlEg.
Even wider
is
in every
differences
than
respect
set
out
There are hurdreds of other firms in
Whenever employlike straits from a similar cause.
ers get pushed by their labor into a situation in which
their works, they
It is cheaper to lie idle than to run
Then it becomes simply a quesare forced to stop.
tion of working capital; if that is large, the firm
the test and labor has to
able to endure
is
succumb, or if It is small bankruptcy is the speedy
outcome. That kind of issue is being worked out all
around us and has been very active during the past
summer. Of course it is labor working against itself,
for It not only builds up the big Trust, but it is a
direct attack on the smaller class of business men
broke them.
Oct.
THE CHRONICLE.
15, 1904.]
gmblilon, cleverness and enterprise, bat of
or no capital. It consequently makes rising from
the ranks of labor to the position of employer more
and more diflacult. That trath is an old one, worn
men
of
little
many
bara by being so
seems always to
A large
fall
number
times urged.
Unfortunately
on dull
ears.
of the
delegates from
It
Earopean
nations to the International Peace Congress in session
in Boston last week have been visiting here several
days the current week, and have been received and
entertained In various ways. No doubt Miss Da Kim,
1605
20 marks 39^ pfennigs last wetk, or wlthia 2^
pfennigs of the normal gold importing point. Though
open market discounts were firm at Berlin at the
close of the week, there were indications that the tension
was subsiding, and possibly the situation may soon
be relieved.
In view, however, of the probability that under the
existing conditions of the Berlin market it may be*
come necessary further to advance the price of bar
gold at London in order to obstruct the movement of
the metal to Berlin,
will doubtless be of interest to
it
which was made nearly a year ago to
attraction.
Everywhere
movement
of gold hither from London.
chief
retard
the
the
was
from China,
and
welcome,
her
hearty
beginning
November purchases of gold
a
of
her
After
the
the public has given
applause.
She
is
a
for New York were large and on the 11th the Bank
addresses have met with decided
graceful speaker, her Eogllsh is perfect and her of England, in lieu of an advance in the official minReferring to imum rate of discount, which was then 4 per cent,
a special charm.
Oriental dress
I should ad- put up Its selling price for gold bars from 77 shillings
fitting
that
seems
"It
said:
she
China,
the
only one llf pence on the previous day to 78 shillings per
nation
is
my
because
you
dress
up to ounce, for the purpose of protecting its stock of gold.
in
living
In the world which has succeeded
your doctrine." Her remarks all followed along that On the 12th the price was further advanced to 78
It seemed as if shillings ^ pence, at which price it was calculated that
line or were based upon that claim.
China it would be more advantageous for shippers to procure
thought.
the
in
Irony
bit
of
might
be
a
there
almost
has
She
fight
outsiders.
sovereigns than bars for export, provided sight exhas had no time to
quell.
Then,
change for cover eould be bought at 4 83; the rate
always had a rebellion on her hands to
The Bank indirectly in
too, the peace that nation has enjoyed with outside then was 4 8330@4 8340.
Powers has been of a kind that every now and then part met the demand for export by supplying to the
had to be bought with a slice of her domain, and market £200,000 in bars, thus preventing a resort by
recall the effort
would hardly recommend the doctrine advocated. The shippers
upshot of the whole matter is that universal peace
and an aim, glorious, and as Mayor
is, an an ideal
McClellan expressed it should be striven for by all
nations ; but he added that nothing other than war
would ever have freed the thirteen colonies, and that
''there are some truths so vital and so sacred that they
must be upheld if need be even with the lives of
to sovereigns.
the 13th, however, the Bink refused to sell any
more bar gold for export. In the week ending November 21 $2,360,000 gold was obtained in the open
On
events of influence on this market have trans-
market at London for shipment hither, the price of
bars having been reduced by the bullion dealers to
77 shillings Hi pence. Gold imports continued
weekly, and though the price of the metal recovered
in the bullion market to 78 shillings i penny in the
week ending December 6th, $6,096,600 was procured
la that week, part of whloh gold had arrived from
South Africa. Early In the week ending December
12th the price of gold was quoted in the London open
market at 78 shillings 1 pence per ounce, but new engagements of the metal were effected, the demand for
European monetary centres. The market
price of gold bars In London was advanced on Monday
to 77 shillings 10| pence per ounce, on Tuesday to 77
shillings 1C| pence and on Wednesday to 77 shil-
export being urgent. On the 11th the price fell
sharply to 77 shillings 11| pence per ounce, and it was
reported that the fall was due to the abandonment by
the Bank of its policy of refusing to sell its bars for
martyrs.''
When
the average man, the unit of the
nation, can keep out of his heart and life every
resentful feeling, and can act and at all points live up
to the Saviour's standard of love to God and man, then
universal peace will be possible but not till then.
—
Two
pired at
Hi
This movement followed the advance last week of half a penny to 77 shillinga 10
pence, which was then stated to be adopted to prevent the threatened withdrawals of gold from London
by Paris and Berlin bankers, the rates for exchange
at both these centres on the British capital having
sharply fallen. This week's further rise in bar gold
llngs
pence.
export.
With the
fall
in
the price of gold our ex-
change market recovered, and in the week ending
December 19
rates
for
sight sterling ruled at points
which precluded further gold engagements; the price
of bars was in that week reduced to 77 shillings 11
pence per ounce.
The fact appears from the above record of the gold
was caused by the development of monetary tension movement hither from London last year that whenat Berlin Incident to the negotiation of a joint Issue ever the metal shall be urgently required for export
by the Imperial and Prussian governments of $37,600,- from that centre the imposition of a high price for it,
000 (ISO million marks) in Treasury bonds at the end while It may retard the movement, will not prevent
It seems that since that issue, and the procurement of the metal In some form.
of September.
particularly toward the close of last week, the RalschsThe monthly pig-iron statistics published this week
lauk has made heavy advances to joint-stock banks and
The above by the "Iron Age" bear out fully the reports which
other bankers to pay for these bonds.
noted tension seemed to have become somewhat acute have recently been current concerning improvement
on Monday, when It was reflected in a sharp rise in lu the iron and steel Industry. Indeed, judging from
discounts for "short"
bills
(10 to 15 days) to 4^ per
from 3^ at the close of last week; and on Tuesday the Reischsbank advanced the official rate of discount to 5 per cent. At the same time exchange at
Berlin on London fell to 20 marks 36^ pfennigs from
cent,
ihese statistics
and from current market
talk,
this
Important industry is now getting into a decidedly
encouraging condition again. lo the first place, oar
contemporary finds a considerable Increase in the
output of
iron, the
product for September having
THE CHRONICLE.
1006
been 1,362,677
tons,
aj^ilnst only
August and 1,100,297 tons
1,167,672 ions In
the September
In July
—
any month since last
May. In the second place, the increase has been in
the output of the Steel companies, which made 936,494
tors of pig metal In September, compared with only
747,570 tons in August. This latter is a very significant fact, being iodicatiye of an enlarged demand for
steel and finished material, since the Steel companies
make iron only for their own use, not for sale in the
market. The merchant furnaces that la, tne concerns
which do not consume their own product but dlrpoae of It to others actually turned oat a little
less iron In September than in August, namely 416,183 tons, as against 420,102 tons. Such output on
their part was evidently not sufficient to meet current
requirements, for it is found that the accumulated
stocks of these merchant furnaces were reduced
during the month in quite considerable amount from
630,801 tons on September 1 to 656,447 tons on
October 1. Thus the statistics are fayorable la a
double sense, first, in showing
that the Steel
companies are consuming increased quaatltles of
total being in fact the best of
.
—
—
—
and that the carriers are apparently doing the best
they can in their present clrcumBtances.
At the same
time the Commission makes the very sensible point (of
which, however, the managers of the roads can hardly
be deemed to have been unaware) that the growing volume of outbound package freight from Cincinnati
indicates the necessity of strenuous efforts by the carriers to remove any existing hardship to shippers arising out of the early-cloBlng rules.
The Commisston
also continues to hold the whip over the roads, for it
declares that though its decision is that the "existing
disadvantage to Cincinnati shippers, under present
circumstances, is not unreasonable or undue, yet it
may become so if the prevailing condition is continued
indefinitely."
The annual
report of the Wisconsin Central Railway
Go. has been issued the
salts
about
1185,686, or
present week and shows re-
expected.
as
279
Orosi earaings
fell
off
per cent, mainly as a result of the
diminution in the iron ore
traffic,
while
expenses in-
creased $136,446, thus giving a loss in net earnings of
Excluding iron ore, the
company's tonnage movement was larger than in the
previous year (704,510,412 tons one mile in 1904
against 673,736,381 tons in 1903), but there was a
traffic and
an increase
falling off of high- rate
•322,132, or 13 17 per cent.
and secondly in Indicating that outside
producers are also disposing of increased amounts,
thereby diminishing their total of stocks. Another
rather suggestive fact appears in the telegraphic report
This corres In
of the "AgeV Chicago correspondent.
Iron,
[Vol. Lxxix.
low-rate
traffic,
resulting
in
a
decrease
pondent records a "startling" item of news (to use in the average rate realized from
It is notehis own expression) in the withdrawal of all the lead. per mile in 1903 to 6-42 mills in 1904.
compared
with
four
ago, that
worthy
that
as
years
Ing Southern iron producers from the'maiket at that
gross
earnings
increased
from
with
have
is
1900,
point, with a refusal on their part to name prices
indicates
to
This
obviously
$6,466,176.
either for this or next year's delivery.
It is stated $5,637,416
that the feeling prevails In the trade that such a very very substantial development, but it brought with It
positive stand cannot be maintained any length of an increase in net earnings only from $2,056,480 to
time. As to this, however, there is obvionsly room $2,123,737. In other words, the ratio of expenses to
At all events, it is evident earnings rose from 63*52 per cent to 67*16 per cent.
for difference of opinion.
that if only for the moment the sitnation has changed Part explanation for the higher operating cost is found
that now sellers have the upper hand where pre- in the same state of things noted in the case of other
roads, namely the advance in wages, the higher price
viously the advantage rested entirely with buyers.
But
of fuel and the unusual severity of the winter.
Onewonld hardly think that complaints regarding still another and a very potent reason exists in the
the hours of closing railroad freight depots come decline in the freight rate received, leaving necessawithin the purview of authority of the Inter-State Com rily (other things being the same) a smaller margin of
merce Commission. It was certainly not the inten- profit. In the four years the average rate per ton per
tion of Congress to have the Commission go into the mile has fallen from 7 '31 mills to 6-43 mills. That
business of regulating the ordinary routine of greater efficiency of operations has been attained is
Yet a decision has just been evident from the circumstance that the averthe
railroads.
rendered in a case of that kind. The Commission age train-load in the same four years has been
The report
treats the matter in a diplomatic way. Complaint had raised from 258 tons to 808 tons.
been made by the Cincinnati Chamber of Commerce and tells us that in the current or new fiscal year a
Merchants' Exchange against the Baltimore & Ohio saving ought to be effected in the item of fuel,
Southwestern and other roads centering in Cincin- the cost of coal for locomotives for the months of July
nati for changing the hour of closing their freight and August 1904 having been $27,660 less than for the
depots for the reception of outgoing package freight corresponding two months of 1903. Notwithstanding
from 5 o'clock to 4:30 o'clock p. m., dally, except Sat- the loss in net earnings sustained during the year, the
urday, and from 1 o'clock to 12:30 o'clock on Satur- company earned a surplus above fixed charges for the
The voting
It was perhaps too much to expect that the twelve months in the sum of $424,247.
days.
Commission would deny that its authority extended trust agreement in the stock expired on July 1 1904,
It took jarisdiction of the mat- and such of the holders of voting trust certificates as
to such a case.
ter
on the theory that ''unlawfal prejudice have not already done so should exchange them for
and
disadvantage
to
shippers " might
result certificates of the stock of the company.
from a regulation providing for the earlier closing
Still, though having
of freight depots.
With the exception of the advance noted above by
assumed
6*84 mills per ton
—
jurisdiction,
it
declines to interfere, saying that
"a
the Imperial
Bank
of
Germany
of its rate of discount
from 4 per cent, at which it had stood
freight In the receiving depot is as much to the ad- since June 8 1903, there was no change in cffloial
vantage of the shipper as a later hour would be in rates by the principal European banks this week.
enabling the shipper to place his freight in the depot," Unofficial or open market rAtes were^ however, ^ of 1
rule for
early closing
which prevents congestion
of
to 5 per cent
...
Oct.
THE CHRONICLE.
15, 1904.]
1607
per cent higher, compared with last week, at London advance in the official rate of the Imperial Bank of
I of 1 per cent better at Paris and ^ of 1 per Germany. The market was also affected by the rise
cent higher at Berlin and Frankfort. The fea- in the price of gold in London, because it was thought
tures of the statement of the New York Aaso- probable that such advance might not serve the
ciated Banks last week were an Increase in loans intended purpose of effectually checking withdrawals
a new high record, a decrease of the metal by Berlin and French bankers, and
and a reduction in surplus reserve therefore that flrm discounts would prevail and an
of $7,276,636 to $12,636,900, against $12,827,260 May advance in the Bank rate might eventually become
and $9,541,876 the lowest of the year, which was necessary. As the result of the high price for gold
recorded on January 2. The bank statement of this at the British capital, exchange at Paris and at Berlin
week should reflect, among other items, the payment on London declined, the latter to within 2^ pfennigs
on telegraphic transfer on Thursday of $2,316,000 of the normal gold Importing point; and the main*
representing Australian gold deposited at San Fran- tenance of high open market discounts at Berlin
cisco and of $631,000 for Japanese gold transferred seemed to indicate a strained situation at that centre.
hither from that city; also the payment of $638,000 The short interest In exchange at New York,
drawings of
finance
for Klondike gold, and of $327,000 for domestic bul- which had resulted from
The transfers hence to bills, and also from temporary borrowings incident
lion from the Pacific coast.
the interior were $100,000 to New Orleans.
to the negotiation of cotton drafts, was reported to be
large and covering seemed by some of the bankers to
Money on call, representing bankers' balances, be advisable. Concurrently with the covering of short
loaned at the Stock Exchange during the week at 2^ contracts in exchange there was a demand to remit for
per cent and If per cent, averaging about 2 per cent. the London bi-monthly settlements, which caused an inBanks and trust companies loaned generally at 2:^ per quiry for cable transfers. There was free selling of secent. On Monday, influenced by the unfavorable bank curities in our market for London and Continental
statement, loans were at 2^ per cent and at 2 per cent, account early in the week and later a demand for
with the bulk of the business at 2i per cent. On exchange for remittance to London of the $2,600,000
Tuesday the offerings were liberal, chiefly by the Australian gold which arrived at San Francisco on
larger blanks, and transactions were at 2^ per cent and Wednesday. The combined inquiries for exchange
of
12,965,300 to
of $9,156,800 cash
U
at 2 per cent, with
the majority at 3 per cent.
Oa above noted
Wednesday loans were at 2| per cent, though of small
amounts, and at If per cent, with the bulk of the
business at 2 per cent.
On Thursday and on Friday
transactions were at 2 per cent and at If per cent,
Time loans were
moderate amounts on Monday and an
effort was made to obtain higher rates than those in
the previous week.
Qaotations were 3f @4 per cent
for all
three
periods
from
to six
months
but borrowers were unwilling to pay these rates for
the shorter maturities, and on Tuesday quotations fell
to 3^ per cent for sixty and 3f per cent for ninety day,
acd 4 per cent for four to six months on good mixed
Stock Exchange collateral. The business was light,
however, and on Thursday rates were quoted at 3^®
3f per cent for all periods from three to six months.
Commercial paper was in only fair demand at 4^@4f
per cent for sixty to ninety- day endorsed bills receiv
able, 4i@6 per cent for prime, and 6^@6 per cent for
good four to six months' single names.
with the majority at If per cent.
offered in only
The Bank
absorbed offerings of bankers'
and
bills,
the market steadily advanced on and after Tuesday.
Commercial drafts against cotton exports came for-
ward in fairly liberal amounts each day, and they were
promptly absorbed. Gold received at the Custom
House during the week, $710,387.
Nominal quotations for sterling exchange were
4 84^4 84i for sixty-day and 4 86^4 86i for sight. The
market was active and lower on Saturday of last week,
and, compared with rates on the previous day, long
and cables fell 6 points to 4 8330@4 8340 for the former and to 4 8566@4 8670 for the latter, while short
declined 10 points to 4
8630@4
8540.
On Monday
tone was easy, long falling 10 points to 4
and short 6 points to 4 8626@4 8535;
5
higher
points
at
the
8320@4 8330
cables were
On Tues4 8570@4 8676.
influenced
by the
strong,
day the tone was
above-noted derangement in the European discount markets and by a demand for remittance,
and long rose 5 points to 4 8326(^4 8336, short 16
points to 4 8640@4 8546, and cables to 4 8680(^again
upward
was
tendency
The
4 8686.
of England minimum rate of discount
when long advanced 5 points
Wednesday,
remains unchanged at 3 per cent. The cable reports on
to 4 8330@4;8340, short 10 points to 4 8660@4 8660
discounts of sixty to ninety day bank bills in London
The market
cables 16 points to 4 8595^4 86.
and
per cent. The open market rate at Paris is
easier on Thursday and rates fell 6 points
shade
was
a
2^ per cent and at Berlin and Frankfort it is 4
all around— long to 4 8330@4 8336, short to 4 8550®
per cent. According to our special cable from LonThe tone was
8655 and cables to 4 8690@4 86.
don, the Bank of England lost £862,393 bullion dur 4
on Friday.
ing the week and held 37,061,529 at the close of the steady
H&H
week. Our correspondent further advises us that the
loss was due to the import of £30,000 (wholly from
India), to exports of £648,000 (of which £200,000 to
Egypt, £168,000 to Argentina and £7,000 to other
countries and £273,000 sold in the open market), and
to shipments of £234,000 net to the Interior of Great
Britain.
After opening lower, the foreign exchange market
rallied on Tuesday, influenced by a demand to cover
short contracts Induced
by the higher discounts at
London and at Paris, which were caused by the sharp
DAILT POBTBD KA.TBS rOB FOmilON BXOHAHOB.
t
Brown
j
Brothers
BarInK,
MaKoan A
Bank
60 daye
(Slsht..
( 60 days
Co.
(
Sliiht
.
(60 days
BrItlBh
No. America.
.
(
SUht
.
FRIm
MON.,
Oct. 7.
Oct. 10.
4 84
4H6M
4 84Vi
4 86«
4 84
4 8rtH
(60 days 481
Montreal
(HlKht.. 4H0«
Canadian Bank ( 60 days 4 84
4 86^
of Commerce.. ( Sight
Heldelbaoh.Iok- 1 60 days 484
4 86H
oltaelmer i Co. ) Sight
4 81
Lazard
( 60 days
Bank of
.
i
Slifht
.
Ilerohants' Bk. jflOdays
of Canada
iSlRht ..
4
4 8fl«
TH0R..
FBI.,
Oct. 13.
Oct. 14.
84
84
84
84
86X
8tt«
8««
84Vi
84>4
86 Ml
86H
t^^
84
84^4
8ttW
H4
84
84
88H
8««
86^
88«
84
86
84
H4
86
84
84
86
H4
H4
86
84
84
H6
86
86H
8rt>4
86^
86^
60X
N4
84
8^>4
84
HflX
84
84
86M
8ex
84
84
84
84
84
84
84
H6M
86W
86W
86 s«
84
H4
86H
8<tH
8aM
4 81
WlD..
Oct. li.
84
86>^
.
F'reres
Oct. 11.
H4
8fl«
84
.
THE CHRONICLE.
1608
Tne market
rVOL, LXXIX.
closed on Friday at 4 8330(^4 »340 lor
move, like the move of two months ago in the di'
8690@4 86 for reotion of Port Arthur, had been peremptorily ordered
8310@4 8320 and by the General Staff, wbo were uneasy at the conse-
abort and 4
long, 4 8560(^4 8666 for
Oommorclal on banks, 4
docnments for payment, 4 82^(^4 8330.
Cotton for quences, both in BuBEla and in China, of a winter
payment, 4 82^® 4 82^; cotton for acceptance, 4 8310 spent in tacit confession of defeat. Finally, there
have been rumors, more or less vague, to the effect
@4 8320, and grain for payment, 4 8320@4 8330.
that the situation of Port Arthur itself was growing
Tbe following ^lyes tbe week's movements of money BO desperate that both the General Staff and the comto and from the interior by the New York banks.
mander in the field had agreed on the wisdom of
oableB.
Wuk ending Oct. U, 1904.
Reeeivtd bv BMpped by
r. Banks. S. T. Bankx.
Utt Interior
staking everything on
its relief.
It is impoBsible at the present moment to choose
between these several theories. That Kuropatkin's
Gold
1.677,000
1.049,000
army has been re enforced is altogether probable, and
Loss. $2,086,000
Total ROld and legal tenderi.
ta,8i!S,000
$4,011,000
it is now well known tbat the morale and condition
With the Snb-Treasnry operations the result is as of his troops were vastly better after the retreat from
follows:
Llao-Yang than had been imagined. It is also a
matter of ready inference that the failure of the
^et Oliangt in
Into
Out OS
Wttk tnaing Oct. U, 1904.
Bank HoWinfl*.
Bankt.
Bankt.
Japanese army to obstruct the retreat of Kuropatkin
Loss. $2,086,000
Banks Interior movement as above $6,825,000
$4,911,000
showed certain elements of weakness in Oyama's com31,000,000
30,( 00,000
Gala. 1.000.000
Sub-Treasury operations
mand which were somewhat unexpected. To this
Total gold and legal tenders .... $37,825,000 $38,911,000 Loss. $1,086,000
extent, last Saturday's move of General Kuropatkin
The following table indicates the amount of bullion
was less surprising to the world at large than it would
In the principal European banks.
On the other hand, it can
otherwise have been.
Ottobvt 18, 1904,
October 15, 1903.
scarcely be supposed that within the few short weeks
Bank o]
which have been spent at Mukden the Busslan GenGold.
SUmer.
totoL
Ooia.
Silver.
lotal.
eral should have received sufficient re- enforcements
£
£
£
£
£
37,051,529 32,369,818
Bngland.,.. 37.061,629
88,869.818
to reverse completely his position as compared with
I^anoe. .. 101.500,276 44,0d7.801 148,598.080 97,379,727 44,326,681 141.706.408
29,811,000
10.264,000
89,479,000
88,668.000
Germany..
11,438,000 13,991.000
It must be remembered that
that of the Japanese.
97,686,000
7,602.000 106,088,000 81,623,000
8,074,000 89,697,000
Rosala
Kuropatkin
abandoned an inin
Liao-Yang
leaving
ia,844,0U0
48,189,000
18,139,000
60,828,000
45,803,000
us.-Hnn.
58,147,000
14,808,000 80,128,000 34,936,600 14,624,000 19,648,000 34,267,000
Spain.
trenched position, from which he scarcely could have
82,041,000
Italy
3,424.800 26,455,300 19,9.'42,000
2,336,200 82,317,200
5,191,900
6,056,300 11,550,2JC
4.086,900
been dislodged save by a much superior force. Els
NetherI'ds.
6,319,800 10,846,700
JV.
Currency,
»5.77i},000
Nat. Belg.
8.339,833
1,869,667
6,009,000
17,231,000
8,010,000
Afoeement.
Loss. $1,164,000
828,000
Lobs.
1.606,000
4,616,000
Tot. week.. 368,281,038 105,280,071 4e7,601,10(' 331,321.445 106,084,641 437,356,126
new move was against an intrenched
To
that
to
equal
antagonist.
only
not
he
would need
the
efficiency
and
numbers
Tke diylalon (between gold ana silver) giyen in our table ol coin
•nd bolllon In the Ban^ of Germany and the Bank ot Belglnin 1b made Japanese command, but to be ag much superior to
ToUprer... 368,676,485!l0e,01T,342 464,592,827 330.292.3d6 105,400.689 435.893,086
*
iTom the best estimate we are able to obtain In neither case is It
elaimed to be aoonrate, as those banks make no distinction in their
weekly returns, merely reporting the total gold and silver, but we
;
extent
in
that force as
it
was to him
at the
opening of Septem-
The theory that the advance was arbitrarily
ber.
believe the division we make is a close approximation.
ordered by the Government at St. Petersburg is not
f The Aattro-Hungarlan Bank Statement Is now lisned in Kronen and Heoer Instead of Gulden and Kreatzer. The redaction of the former onrrenoy to without plausibility, and has been to some extent conterllns £ was by considering the Gulden to haye the yalue of 60 cents. At
the Krone has really no greater value than 80 cents, our cable correspondent In
London, In order to reduce Kronen to £, has altered the basis of conrersion by
diTiding the amount of Kronen by 24 instead of 80
THE BATTLE BEFORE MUKDEN.
The condition of Port
acquiescence in defeat.
moment when the world had made Arthur can be only a matter of conjecture. All
mind that no further movement of importance that can be said is that the Busslan fortress in the
Almost
up
its
firmed by the presence of Alexieff at Kuropatkin'g
headquarters. There has undoubtedly existed much
misgiving in regard to the moral infiaence on Basaia's
home affairs and on the attitude of China of passive
at the
would occur in Manchuria
this winter, the most furious battle thus far fought and the one whose consequences may possibly be most decisive has broken
out this week. For the first time the Bastian General
has assumed the offensive in full force, left his
intrenchments and fallen on the enemy. After a
sanguinary five days' battle, news at this writing seems
to indicate a severe defeat to Kuropatkin, whose
further conseqaences are at this time impossible to
more vulnerable now, and
weaker in supplies, than it was two months ago. But
on the other hand, nothing has happened which could
alter opinions as to this situation at Port Arthur
peninsula
is
necessarily
held at the time of Kuropatkin's retreat.
advance. General Kuropatkin
Issued an order of the day striking enough to warrant
quotation of a part of it:
"I ordered the retreat with a sorrowful heart, but
jadge.
with unshaken confidence that it was necessary in order
Several explanations have been produced for the to gain complete and decisive victory over the enemy
sudden and dramatic climax in the Manchurian when the time came.
campaign marked by the advance of General Kuro"The Emperor has assigned for the conflict with
In the
forces sufficient to assure us victory.
Japan
patkin on the Japanese lines before Makden at a
of men
thousands
months
hundreds
seven
of
of
course
time when expectation had been very widespread that
and tens of thousands of horses and carts, and milthe Rueslan commander contemplated further withlions of poods of stores have been coming uninterdrawal to his base of supplies at Harbin. It has been ruptedly by rail from European Bassia and Siberia to
suggested that the concentration of Bassian forces, Manchuria.
"If the regiments which already have been sent
and the arrival of reinforcements by the railway, had
out
prove insufficient, fresh troops will arrive, for the
so far strengthened General Kuropatkin as to make
inflexible wish of the Emperor that we should vanpracticable a trial of strength which he had not prequish the foe will be inflexibly fulfilled.
vionsly ventured.
On the other hand, it has been in"Heretofore the enemy, In operating, has relied
timated at the European centers that the present on his great forces, and, disposing his armies
In
directing
the
OCT.
THE CHRONICLE
15, 1904.]
so as to surround us, has chosen as he deemed fit his
time for attack; but now the moment to go to meet
the enemy, for which the whole army has been longing,
has come, and the time has arrived for us to compel
the Japanese to do our will, for the forces of the Manchurlan Army are strong enough to begin a forward
1609
aeemed was probable a few weekd
It is, in
out the coming year.
all
impossible
that
recognition
biuce, tnr^ugh-
of
fact,
not
at
the exhaust-
consequences
of
the
war
has
the willingness
with
both
of
the
struggle.
Very general
to resume
sides
attention has been drawn to Count Okuma's statement
ing
had
financial
to
do
movement.
"Whatever be the sacrifice necessary to this end,
bear in mind the importance of victory to Eaesia, and, to the Tokio banks on Thursday of last week frankly
above all, remember how necessary victory is the more
pointing out that Japan would have to spend $250,speedily to relieve our brothers at Port Arthur who
next year if the war were to continue, that
000,000
maintained
the
heroically
dehave
months
for seven
$75,COO,000 of this sum would fprobably have to be
fense of the fortress intrusted to their care."
It will be noticed that this documsnt does not differ procured abroad, that depreciation of the quoted
in the main from other proclamations of the sort. value of the Government's credit would be a probable
Somewhat more bombastic in tone than might per- consequence, and that a two years' war^ with the
haps have been expected from the sturdy Russian necessary post bellum expenditure, would raise the
commander, it throws no fresh light on the total cost to fully $1,000,000,000.
question why the movement should have been ordered
These figures seemed portentous to the markets at
reference
to
the
time.
The
General's
present
at the
the time, the more so that it has not been the habit
perhaps
a of Occidental statesmen to point out in such unnecessity of relieving Port Arthur was
necessary part of an appeal to the patriotic spirit of pleasant detail the expected financial strain of
The remarks concerning arrival of war. It may said, however, that Oonnt Okuma's
his soldiers.
reinforcements lose some of their point from the figures do not greatly differ from the estimates put
fact that they obviously refer not specifically to out by experts on war expenditure at the beginning of
such fresh divisions as may have come to Mukden the present conflict. Japan's short war with Chins,
since the retreat from Liao-Yang, bat to all the during 1894 and 1895, entailed a cost, as shown by
fresh troops delivered since the opening of the war. the Government's subsequent financial records, footThe further paragraph, in which an effort seems to be ing up nearly $1,000,000 per day of active warfare.
made to point out the difference in a military sense The fact that the Japanese so frankly recognize and
between the present situation and the situation of a proclaim this phase of the situation leads to the inferfew months since, Is even less enlightening. It is ence that they have already matured their plans as to
Whether Russia can
quite true that the Japanese up to the present time meeting their requirements.
have disposed their forces at their will and have chosen look with equal equanimity at the strain on her
the moment for attack. But it Is also true that dur- finances, which certainly will be at least as severe as
ing that period it needed only the order of the Rus- that set down by the experts of Japan, is another
sian General to take the initiative on his own account. question.
Furthermore,
it
has been pretty clearly indicated by
this week's despatches
that the Japanese themselves
Y
UFFICIENl 8 UP PL OF
were preparing an attack at Mukden at the very PR 08PEC TI VE INS
EGYPTIAN
OOTTON.-INCREASE
OF FINE COTTON
moment when the Russian advance was ordered.
SPINNWa IN ENGLAND.-THE MANCHESTER COTAll this makes judgment of the Russian strategy
TON GOODS MARKET.— THE SUMMER HOME TRADE
somewhat difficult. That the Russian army and OF THE UNITED KINGDOM.— MR. CHAMBERLAIN'S
the Russian people should have been excited to CAMPAIGN.
Manchester, Oct. 4, 1904.
enthusiasm by the fact of an aggressive moveAddressing the autumnal assembly of the Associament by their General will not be at all sar
Judged in the light of military strategy,
however, it must be said that the Russian General
undertook a task of surpassing difficulty. All the
ground, retreat through which was achieved with so
much difficulty, must now be retraced with a fortified
enemy in the front, but when retraced would only find
the Russian army in the position occupied by the Japanese two months ago that is to say, face to face
with an intrenched position so strongly fortified that
the Russians themselves at the time considered it im-
tion of British
prising.
large
of
Commerce, held in ManHolland, M. P., its
W. H.
extension of cotton-spinning mills which has
been going on in Lancashire during the last tweUe
months, and is still in progress. He spoke of the
movement as a "reckless mania," and expressed fears
that it would bring serious embarrassment upon the
industry.
At the present moment 24 new mills are in
course of erection or are receiving machinery, but of
these oDly two are designed to spin American cotton,
and not less than 22 are intended to use Egyptian, or
such other long staples as can be substituted for it.
Clearly, therefore, it was these latter that the Preei
dent had in mind.
Sir William is Vice- Chairman of the Fine Cotton
Spinners' Association, the largest consumers of Egyptian cotton in the world.
In that capacity he speaks
with obvious authority and genuine concern on this
subject.
He based his apprehensions upon the danger
of an excessive supply of fine yarn, but the trouble, if
What chance there was for success in an
undertaking of this sort, even supposing some initial
success in the neighborhood of Makden, is a simple
pregnable.
military question.
rather striking incident of
Sir
President, referred in rather grave language to the
—
One
Chambers
chester last week,
the week has been
the fact that prices for the bonds of both belligerent
States have risen on the news of Kuropatkin's forward
movement. This recovery may no doubt be explained
by the fact that friends of each belligerent
have taken heart, the one by the news of the Russian
army's movement, the other by the prompt and stubin part
born resistance shown by the Japanese. It is possi- it is to come, seems quite as likely, to say the least, to
No parble, on the other hand, that the markets refiected a arise from scarcity of suitable raw material.
sense of actual relief at signs that the contest might ticulars are available of the consuming capacity of
be fought to a finish now, instead of dragging on, as the 22 new mills which will use Egyptian, or like
'
—
THE CHRONICLE.
1610
amoant can hardly be less tixixix
1,200,000 apindles, and the requisite additional supply
must necessarily be very great. What prospect is
staple, but the total
[Vol.
T.
YTiT,
Taopoeiclon of the Manchester cotton goods market
been greatly strengthened by the Sep.
tember business. Even In Aagust it had already
generally has
there that anything like so large an increase will be
become much more active in certain departments.
forthcoming ? The experience of recent years cer- But since then the Improvement has spread out, and
tainly does not encourage the hope of any substan- ihere are now very few sections In which the productial expansion of the supply from Egypt.
Here are tion is not now sold forward for varying periods. The
the statistics of the yield in each of the last eight
seasonsj stated in bales of 500 lbs.
BOTPTIAN COTTON CROP.
Bales.
demand
China was first to become consplcuouB,
at the beginning it was confined to plain staples
of established reputation; but It has since extended
for
and
to many other descriptions, including bleached, colored and fancy cloths. Contracts for China now run
on for many weeks, in some cases for months. Into the
future.
For Japan, too, there has been an appreAnnual average
1,184,555
Annual average
1,178,725 ciable increase.
For India, also, a large business hat
Every effort is being made under the stimulus of occurred, and more is foreshadowed if a full inquiry
high prices to extend the growth of cotton in Egypt, at a trifle under regular prices may be taken as an Inand the provision for storage of water is now much dication of it. Buying for South America has also
more abundant than it has ever been before; but no been liberal, as well as for the Mediterranean markets,
very great additions to the existing supply of cotton the Continent and the Colonies. Home- trade
houses
from that source are possible, and the foregoing figures have all through the recent revival shown a hesitating
show that no progress has been made within the last and doubtful attitude, influenced partly by the fact
four seasons. The Egyptian Soudan will probably that the retail distribution of goods has this year
1896-97
1897-98
1898-99
1899-00
1,164,190
1,295,538
1,106,684
1,171,809
Salet.
1900-01
1901-02
1902-03
1903-04
1,063,758
1,292,443
1,148,700
1,210,000
furnish a moderate quantity of this class of cotton fallen behind, and partly by the hope that as
soon as
within the next two or three years, but from this new the full weight of the delivery of the incoming
field and from the West Indies, and all other regions American cotton crop should
be realized in the shape
where attempts are being made to grow the Egyptian of much lower prices, they would reap the reward of their
no appreciable contribution at all comparable abstinence. They have, however, allowed the producwith the augmented power of consumption next sea- tion of goods to be so amply put under engagement
son seems to be within the limits of reasonable expec by the large buying for foreign and colonial markets
tatlon.
Can nothing be done to Introduce the cultiva- that to some extent they have begun, though tardily,
tion of the Egyptian variety In the United States ? to cut with a little more freedom, finding, as they do,
Experiments have been made In Southern Georgia that the abundance of the contracts In the hands of
with seed supplied by the Department of Agriculture, manufacturers has placed them In a position so strong
and although these were on a small scale, they are as to forbid the expectation of anything like an Imsaid to have demonstrated the practicability of grow- portant giving way.
The heavy receipts of the new
ing a fibre equal to that Imported from Egypt. Eng- crop and the rapidity with which It Is finding its way
lish spinners would welcome the accomplishment of to the mills have quite naturally
brought about a
this object, on the ground that every addition to the heavy fall In Liverpool, and during
the last week the
aggregate supply would lessen the strain upon the Manchester market has been quieter. But manufacstaple,
limited resources of Egypt
Itself.
Quite recently the turers are
now
so well
fortified
by orders for forward
Growing Association has used a similar delivery that they are not in the least alarmed, and
argument In requesting the Indian Government to In some cases, where contracts run a good way Into
adopt some better methods than those now employed next year, they are rather Inclined to welcome than
for improving the staple and quality of Indian cotton. to regret the pause.
In a few cases, producers of a
British Cotton
In taking this course the association is well aware few descriptions which have not participated largely
that the cotton mills in the Dependency will derive In the recent heavy business are slightly easier to deal
benefit from any real improvement of this kind, but with, but the prevailing tone Is steady in spite
of the
the pressing Importance of securing a larger produc- drop in cotton.
tion of good cotton and icsurlng against seasonal
Detailed reports supplied by retail distributers of
vicissitudes by enlarging and varying the fields of textiles in the home trade
show that, with the excepproduction
regarded as a matter of general concern tion of light summer clothing, which has sold well,
any slight advantage which may thanks to the brightness of the summer season, draaccrue to rival industries outside the United Kingdom. pery goods, Including cotton fabrics, have been In
Until three or four weeks ago spinners of fine yarns slow demand in nearly all parts of the Kingdom. A
from long staple cotton had not found it necessary, feature of the statements not common in such acexcept in isolated Instances, to cut down their produc- counts is that the dry goods trade in the agricultural
tion.
The general adoption of short-time then begun districts has been better, relatively, than In the manhas been short-lived, for the mills resumed full work ufacturing and mining parts. This difference Is aton Monday last, and there Is no probability of its tributed partly to the excellent crops with which the
Is
far outweighing
abandonment now. Spinners
mand for yarn, and although
an Improved de- whole country has been favored. Grass crops, Includmargins are not ing pasturage, now the most productive branch of
much better than they were before the curtailment of British agriculture, have baen abundant. Grain, also
production began, the attitude of buyets and the en- roots, have done well on the whole, and fruit of all
larged inquiry are sufficient to inspire them with con- kinds has been exceedingly plentiful.
The farmers
fidence, and they are the more persistent In holding are consequently in good heart, and farm laborers
out for full prices because the margins are, in numer- have been steadily employed at higher wages than any
find
their
ous Instancep, not yet sufficient to yield
thing, beyond the cost of production.
much.
If
any-
know in the agricultural Industry of this country.
the other hand, the population of the manufac-
ever
On
Oct.
THE CHRONICLE.
15, 1904.]
1611
have a higher
general
taring sections, the cotton- mill districts especially,
have suffered in varying degree, though often seriously,
from diminished employment and earnings. And of
almost
course c apitalists and others interested In manufacturing operations have, in like manner, had to submit
Many of the reports
to lessened profits and earnings.
leave the final balance of account on the wrong side.
* * * The Canadian manufacturers are quite will-
refer to the reduced incomes of families depending
largely upon Stock Exchange and other Investments. One general result of these adverse circumstances is that prompt cash payments in the
retail
trade
have appreciably fallen
credit
off,
is
taken by large numbers who had not previously
required it, and the amount of book debts owing to
retailers Is much larger than It has been for some
In correspondence with this change the wholeyears.
houses are In a similar position, and
dry-goods
sale
number
of retail failures and the amount
the
although
of the liabilities have not so far shown a striking In-
certainly
please our manufacturers, so that
to
pay for
all
we need
so
much
tariff
we farmers
will
to
have
higher prices as to
Canadian farmers should be made more
prosperous by a British food tax, but they intend to
take for themselves all the fruits of such prosperity as
ing that
they can digest.
They
are working with a hundred-
thousand- dollar power for a higher
elections take place In a few weeks, and
come
in (the Protectionist
movement
tariff.
if
in
Our
the Tories
Eagland
is
helping them) the tariff will certainly go higher. If the
Liberals stay In, the tariff will not go lower. The scheme
of the
Canadian Preferentlallsts
is
to
make the
tariff
high enough to keep out British goods that compete
with Canadian manufactures, but to give Great Britain
a preference "on all ^goods that have to be Imported
crease, ths wholesale firms are exercising great caution, anyhow." The view here set out, that the Imperial prefand the financial aspect of their business has prob- erential idea, which originated in Canada eight or ten
ably had something to do with the stnall share years ago, has all through received its chief inspirawhich the home trade has taken in the recently re- tion and support from the Protectionists of the
Most of the reports Dominion, is abundantly confirmed by Its history. It
vived demand for cotton goods.
speak very hopefully of the coming winter season's began in the Chambers of Commerce (Boards of
The revival of the cotton Industry will of it- Trade) in the Eastern Provinces and has all through
trade.
provide
a substantial contribution toward abetter had the energetic support of the Canadian Manufacself
condition of the home trade. No other Industry has turers' Association. It has received some consld.
so many ramifications or has so many industries allied erable countenance from the West, but certainly
with or dependent upon it. And the vast Improve- no enthusiastic or substantial assistance from that
ment now beginning to show itself in that staple quarter.
In this country Mr. Chamberlain still falls to secure
manufacture of the North, will assuredly bring a
The any sort of approval from the wage-earning classes.
like gratifying renewal of prosperity to them.
continuance of the war in the Far East is, of coarse, The ^trade unions, the co-operative societies and
a serious check upon the initiation of great enter- other associations with which they are especially idenprises requiring a long time for maturing or involving tified continue to reiterate their entire disapproval of
important riskB,but the abundance of money and credit his policy. His tariff commission Is still at work
throughout the world and the abundant harvests in and has published two reports, but it does not attract
many countries are factors which appear to be inspir- much attention. He himself is to speak very shortly
ing business men with confidence and hope of a gen- at Luton, where a large hall has been improvised exeral, and not very distant, improvement In busi- pressly to accommodate an expected large audience;
but only on one or two other occasions is he to address
ness.
With the lapse of time Mr. Chamberlain's difficulties his fellow citizens on the project to which he has comHis failure to produce evi- mitted himself, before the meeting of Parliament in
are steadily increasing.
dence of the colonial ''offers" of mutual and effective February.
preference has helped to check the ardor of some of
ERIE REPORT.
his supporters, whilst it has naturally given his opponents fresh encouragement. All the intelligence coming
As the reports of the Eastern trunk lines arrive one
from Australia, or at least nearly all of it, goes to after another, it is becoming more and more evident
demonstrate that the Protectionists there, who hold a that the year ending June 30 1904 was a decidedly
THE
—
decided predominance over their opponents, are firmly unfavorable period for these lines and In a double
set against any relaxation of the duties on British sense.
It was a poor period from a traffic standpoint,
productions. Their notion of preference is that the inasmuch as there was a decided falling off in certain
Customs barrier Is to be
competing manufacturers,
tion
ment
of
in
them
will
exchange
raised
and
against
a
consent to even
for
a
large
this
preference
in
foreign
proporarrangeBritish
markets for their own agricultural products. This
view that any Intra-Imperlal Customs tariff arrangement Is to leave unimpaired the protection aceven to
corded
to
cobnial
manufacture, and
strengthen it, is clearly put in a striking letter from
a Canadian farmer addressed to the "Manchester
Guardian," and publiahed yesterday. The writer,
formerly an Eaglish export merchant, has for thirteen years been enG;aged in the Dominion in raising
cattle and producing dairy food.
He tays: "Here In
Canada, as iu Great Britain, the preferential notion
is marching as part of a &;eneral Protectionist movement, and If the Preferentlallsts succeed we shall
items of tonnige, and again it was unfavorable in that
operating cost was heavily Increased. Attention was
directed to these features in our review last week of
New York Central RR., and
more strikingly manifest in the report
the Erie RR. Company, which has come to hand
the annual report of the
they are
of
still
the present week.
As far as gross earnings are concerned the New
York Central managed to make a trifling increase as
compared with the twelve months preceding. The
on ths other hand, has suffered a decrease of
1629,260, and its revenues from merchandise freight
Erie,
much
as $1,269,150, the latter loss being
extent indicated by gains in coal, passengers, mall, express, etc. As relates to the expenses,
fell off
as
offset to the
the augmentation on the Erie has been even more
pronounced than in the case of the Central, reaching
THE CHRONICLE.
1612
The resalt la, that the Erle'« net earn1904 were only 112,619,325, as against $15,904,-
13,666,079.
IrjzB for
665
in
1903,
a loss of 13,286,330,
or over
20 per
cent.
Both the loss In gross recolpts and the Increase In
expenses follow from well understood causes. The
felling off in revenues obviously reflects the unsatisfactory state of
general trade
months and the great depression
during
the
of the Iron
twelve
and
steel
Industry.
The Erie sustained a greater shrinkage In
tonnage from these causes than the Central because it
has a heavier traflBc in the Items chiefly affected by a
relapse in trade.
For Instance, the ore shipments
alone over the road were reduced fully 1^ million tons,
falllEg from 2,706,861 tons In 1903 to 1,440,288 tons
in 1904; in pig and bloom iron there wag a decrease of
[Vol. LXiix.
ployees; the Increased cost per ton of fuel for locomotives, and the delays and blockidea cauied by
washouts and the unusually severe
the winter months."
weather during
Again we meet much the same explanation la the
reasons assigned for the enlarged outlays upon maintenance of equipment.
Cost of repairs and renewals
of locomotives Increased $322,913
and cost of repairs
and renewals of freight cars Increased $677,294.
While the greater number of cars and of locomotlveB
receiving repairs
la pointed to as having contributed
the enlarged outlays, the Inflaences which had
their origin in the special conditions already referred
to
to are also mentioned, such as "the additional work
required on locomotives to meet the unusaal weather
conditions and the Increase in the rates of pay of
227,097 tone; in iron and steel rails, a decrease of shopmen
and other employees of this branch of the
132,017 tons; in castings and machinery, 44,636 tons;
service."
in bar and sheet metal, 37,814 tons; in cement, lime
In another part of the report still further reference
and brick, 173,687 tons; in stone, sand, etc., 278,329 is
found to the subject. It is stated that the comtons; in merchandise, 161,176 tons; in "other manupany suffered severely from the unprecedented rainfactured articles," 129,383 tons; in lumber and other
fall over its Eastern divisions from October 8 to
12,
forest products, 187,927 tons.
resulting in washouts entailing an expenditure of
Besides all this the agricultural tonnage (as a result
over half a million dollars to repair, and causing an
of course of the crop situation) also underwent con
almost complete cessation of traffic during the greater
traction; the traffic In grain fell off 276,281 tons and
part of that time.
Other floods and the extremely
in flour and other mill products 91,301 tons.
In fact, severe and prolonged winter over the
entire line
there seems to have been a shrinkage all through the
caused, it is added, a further increase in the cost of
list, only eight Items out of thirty- two specifically
operation and also involved a loss of revenue.
enumerated forming exceptions to the rule and reWe refer thus at length to these matters because of
cording increases. Moreover, in the case of but one their
Importance and because without a thorough unof the eight items does the gain reach large proporderstanding of the part played by them in affecting
tions, namely in anthracite coal.
The shipments of the results for the twelve months, undue significance
anthracite had been curtailed the previous year be
may be given to the large falling off disclosed in the
cause of the miners' strike; in 1904, with that disturb net earnings.
This loss was simply the product and
ing feature absent, there was naturally expansion, the outcome
of the exceptional conditions prevailing
and the Increase In the shipments for the twelve —a state of things
which it seems hardly likely will
months reaches 1,061,363 tons. As against, however, be repeated in the
current or new fiscal year. We
the increase in anthracite co&l, there was a loss of
notice that the company suffered a large loss of net
117,436 tons in bituminous coal and of 216,046 tons Income in another
way. It appears that the Erie coal
in the shipments of coke.
The total traffic of the sys companies earned only $1,993,911 net in
1904, as
tern fell off 1,810,621 tone, and with such an all round
against $2,670,289 net In 1903. No doubt the exshrinkage it Is surprising that the large gross earn- planation
here is the same as in the other cases,
ings of the previous year (the largest In the whole his- namely
that the fioods and severe winter weather octory of the property) were maintained so well.
casioned extra outlays and greatly added to the cost
The augmentation in expenses extended to all of mining.
departments of the service, and the underlying cause
It is an illustration of the strength of the Erie
was thef] same in all instances. The explanatory property under the
development of its business
remarks in the report setting out the reasons for the which hag occurred la
recent years that no diffiincrease under each leading head make that ver^ culty was
found in bearing the great loss of net
evident.
Cost of conducting transportation rose income sustained in
these various waya— a loss falling
11,392,489, expenditures for maintenance of equip
but little short of 4 million dollars, aggregate net Inment Increased 1839,641, and the outlays for mainten come for 1904 having been
only $13,408,637 as against
ance of way and structure were added to in amount $17,334,886 for 1903. Ag
a matter of fact, the Income
of $304,443.
In commenting upon the larger outlaj statement, even after this
heavy shrinkage, shows a
under this last mentioned head reference is had first considerable surplus above the
requirements for fixed
of all to the severe flood experienced in October charges and the
4 per cent dividend on the first pre1903. It is stated that this flood was the most serious in ferred stock, and also
over outlays for additions and
the history of the company and that the damage occa Improvements of
large amount.
The surplus above
sioned by it necessitated extraordinary expenditures for fixed charges alone actually
exceeds 4^ million dollars
repairs. The expense was further Increased, we are told —$4,662,063.
The call for the 4 per cent dividends
and now we come to the common story by the pro- on the first preferred stock was
$1,916,696, and in adlonged and severe winter, requiring a large outlay to ditlon the company made a
special contribution for
keep the line open for operation, and by the increase additions and Improvements in the
sum of $1,640,32D
In the rate of wages of trackmen and other laborers. (this comparing with
a similar contribution in the
The large addition to cost of conducting transporta previous year of only $308,462), and
over and above
tlon in face of the smaller volume of freight moved is these deductions
a credit balance remained on the
ascribed "to the higher rate of wages paid enginemen operations of the
twelve months in the sum of
and trainmen, telegraph operators and station em- $1,096,037.
—
—
Oct.
THE CHRONICLE.
15, 1904.]
The company has been making very
large outlays in
and improvements
to
recent years for betterments
property and equipment. In 1904 $9,028,603 altogether was expended for this purpose; only $6,778,134 of this, however, was charged to capital account,
United
than the estimated result
made public by Director Roberts in January last. The
various States, however, occupy practically the same
relative positions as indicated in our February com^
The loss from 1902 for the whole country
pllation.
The details
Is shown to have been 310,000 fine ounces.
of the output of our mines by States are as folTiie final official total of gold yield for the
States
remainder having been paid from income—
$1,540,320 from the Income of 1904 and $710,148 from
the income of previous years. Of the capital expenditures for the twelve months $5,994,983 went lows
From Dacember 1 1896,
for additional equipment.
the
the date of the organlzition of the company, to June
30 1904, no less than $21,178,861 was expended for
—
Underwood pays a
well
company
is
stockholders firmly established
that should assure
its
successful
many
other
Other States.
614
Totals.... 3.805,500
$78,666,700
its
is
Uontana
Arizona
Michigan
VinTBD STATES.
903.
18,891,400
tine
.
Fine MS.
1,877,175
812.819
$28,468,700
1,090,289
16.792,100
403,730
836,952
211,571
198,933
173.886
8.346,800
6,036,400
631,100
878.200
770,056
416,737
830,243
213,671
210.703
178,862
163,895
76,968
62,414
11,833
13,5tO
15,283
316,000
12,183
2,000
41.3(
6,886.700
6.470,500
4,744,100
4.«83,000
3,«90,200
4,373,600
4,112,3C0
3,601,600
140,05»
71,364
87,881
26,693
13,168
2,083,800
1,8B»,300
1,818.100
3,870.000
2,895,800
1,476,000
1.816.700
$80,000,000
For other countries the Bureau's
a
number
1
,
Value.
oas.
Value.
$22,640.10*
16,104,500
8,614,700
6,826,700
4,411,900
4,8e.7,60«'
3,607.400
3,388,0d0
1,670,400
1,890,200
244.600
270,900
6^9
261.900
13.800
8,560.000
$73,591,70©
results indicate in
of cases a further tendency toward enlarged
Australasia continues to be the leading
production.
now restored to the producing country, although Africa Is again becom^*
upon a business basis ing very prominent.
Africa of course exhibits s>
operation.
Mr, Undecided excess over 1902, and compared with 1899 the
illustrations
of
the
the increase in operating efficiency attained,
possible to extend the traffic of the system
profit out of work which otherwise must
have been handled at a loss. Take the matter of
In 1896 the trains carried an average of
train-load.
only 251 tons ; for 1904, after a slight falling oS. from
1903, the average was 400 tons, an increase of almost
60 per cent in the eight years. Includlog company
freight, the train-load in the late year was almost 429
tons.
Mainly as a result of this heavier load, thougk
in part also a3 the result of better rates realized, the
trains in 1904 earned $2 61 per mile run, as against
only $1 47 per mile run in 1896. This last comparison reveals in a nutshell the story of the Erie's progress
Alaska.
So. Dakota...
physical
same kind might be cited to show the great improvement in results established. Not the least of
making it
and get a
Value.
$27,663,600
Soath. States
Calif ornla....
IN
«
merited tribute to
derwood points out that during the administration of
the Voting Trustees the gross earnings of the company increased from $28,185,876 for the year ending
June 30 1895 to $45,201,163 for the year ending
June 30 1904. In the same period the net earnings
increased from $7,073,229 in 1895 to $12,619,325 In
Obviously
ozs.
1,330.673
Utah
Nevada
company has been strengthenei,
lency; so that the
these
Fine
Production.
Colorado
1 901.
,
Washington-
to
condition enhanced by substantial betterments and
the property as a whole laised to a high plane of effic
1904.
OOU> PBODUCnOH
Gold-
shareholders.
been done
the work of the Voting Trustees, saying that under
their wise and conservative administration the credit
of the
:
known, the voting trust in the company's Idaho
and control of Oregon
New Mexico..
shares was terminated the present year
the property has reverted back to the
President
less
683,400
580.500
30,800
235,700
12,700
business have increased and what has
meet these requirements.
is
somewhat
is
817,181
3S3,0e«
318,446
289,405
197,616
178,618
148,374
90,247
87,960
33,302
28,082
1,490
11.408
new equipment charged to capital account which
shows at once how the requirements of the company's
As
1613
and prosperity.
&OLD AND SILVER PRODUCTION OF THE
WORLD IN 1903.
We have been favored by Mr. George H. Roberts,
Director of the United States Mint, with a copy of
the Bureau's compilation of the world's production of
yield records a decline of only aboutl[0 per cent.
African production
The
moreover, quite steadily increasing, the September 1904 total being reported at
312,286 fiae ounces for the Rand alone. Australasia's
output also increased materially in 1903, but Oanadian
production continues to decline, 1903 exhibiting a
Russia shows a gratinoticeable decrease from 1902.
fying gain. The smaller producing countries other
than India show no important changes. The detailB
for 1903, re- arranged by us so as to give the countries
in the order of their prominence as producers, are
herewith appended, comparison being made with 1902.
Only those countries producing a value of about $2,000,000 or more in the last year are stated sepa*
is,
rately.
WOBLD'S OOLD PRODDOTIOM.
1903.
.
Fine ounces.
Value.
Australasia
4,315,538
$89,210,100
United States
73,591,700
3.560,000
Africa
3,289,409
67,998,100
Russia
24,632,200
1,191,582
Canada
911,118
18,834,500
British India.
552,873
11,428,900
Mexico
516,524
10,677,800
China
354,334
7,324,700
Guiana
4,088,700
197,789
Korea
145,125
3,000,000
Colombia
131,795
2,724,400
Brain
110,016
2,274,200
Austrla-Hung'ry.
2,245,100
108,609
Other European
240,500
11,629
Other 80. Amer'n.
172,996
3,576,200
All oth'r countries
178,041
3,680,400
. .
Totals.
The
.15.747,378
.
-1902.Fi7ie onncee.
3,946,374
3.870,000
1.887,773
1,090,053
1,032,161
463,824
491,156
422,401
220,145
145,125
122,031
96,488
105,037
12,937
179,784
231,715
Value.
$81,578,800
80.000,000
39,023,700
22,533,400
21,336,700
9,588,100
10,153,100
8,731,800
4,550,800
3,000,000
2,522,600
1,994,600
2,171.300
292,009
3,715v600
4,790,000
$325,627,200 14,321,360 9296,04,9,800'
production of the world in 1903, accordgold and sliver In 1903, and from It the subj3lned ing to the Bureau, was 170,443,660 ounces, or 9,109,tables have been prepared.
The Mint total does not 321 ounces more than in 1902. Prodaction was
differ materially from the results we gathered and 173,011,283 ounces in 1901 and 173,691,364 ounces ia
made public last February, the returns now at hand 1900. Mexico leads in silver production, being folNext in order are Ausfor 1903 making the amount of gold mined in the lowed by the United States.
world 15,747,378 floe ounces, valued at $326,527,200; tralaila, Bolivia and Germany, all of which, with the
whereas in the Chronicle of February 20, page 738, exception of Australasia, have done battor than in
we placed the yidd at 15,894,541 fine ounces, valued 1902. The details for 1903 make the following comat $328,568,774.
silver
parison with the results for 1903.
))
1
THE CHRONICLE.
1G14
WOBLD'B BtLVBB PRODUOTIOH.
There wai another favoring ciroamstanoe, and one,
-1903.
1902.-
Fine
Ooiniiiff
Fine
Ooinitm
ouiicet,
value.
omices.
60.17().604
value.
Mexico
70,499,942 $91,151,400
United States... 54,a00.000
70,20(5.000
Bolivia
8.969.596
11,697.100
AuRtralasla
9.682,856
12.519.300
Germany
5,822.452
7.528.000
3. 149. 591
Canada
4.072,200
Pern
1,746,074
2,258.300
4,090.S76
Spain
5.289,200
OhtU...
2.597.355
3,358.200
Colombia
1.128.799
1,459, SOO
Other European. 5,238.536
6,773,000
OtU'rBo.Amer'n. 2,208,655
2.855,600
11 otb'r count's. 1,008,338
1,303,800
Totals
170,443.660 $220,371,600
55,500.000
8,909,596
8.026,037
5,722,641
4,223.304
4.204,528
3.700.189
1,737,300
1,776,604
5,706.632
48,098
1,483.806
161,334,339
$77,804,100
71,757,600
11,597.100
10,377.100
7,399.000
5,460,400
5,513.700
4,784,100
2.246,200
2.297.000
7,377,100
62,200
1.918,400
of
the groaa earnings of
The
satisfactory showing.
leiB alfected a
to the passenger travel to
chase Exposition at St.
Exposition has latterly
The
roads reaching St.
been
naturally
increase in
gross earnings on the roads reporting falls bat little
short of 2i million dollars— 12,465,088— or 4*17 per
It should be ucderstood, howeyer, that these
preliminary figures are no longer so conolasiye of the
resnlt for the roads as a whole as they were two or
cent.
Qaite a few Important companies
which formerly made early returns of their gross earnings have dropped from the list. Among roads of this
class may be mentioned the Chesapeake & Ohio, the
Norfolk & Western, the Chicago Milwaukee & St. Paul,
the St. Louis & San Francisco, etc. Howeyer, there
has been no material change In this respect during
the months of the current year, and hence it Is an
encouraging fact that the Increase for September Is
the largest of any month of 1904. ladeed. In all the
months preceding August, these early compilations
recorded a loss of larger or smaller amount. August;
brought the first change in an Increase of $1,951,298,
or 3 39 per cent, and now for September the Improvement, as already stated, reaches $2,458,629, or 4'17
three years ago.
tion
from the returns of the different roads
favoring
circumstances of decided Importsome
that
ance were operative. Thus Southern and Southwestern roads are found to have done particularly well.
It Is evident
This Immediately suggests the part played by the
affairs of these roads. Last year the
crop was extraordinarily late and the movement very
restricted.
The present year the crop has been much
earlier and the movement comparatively free.
The
receipts at the Southern ports during September 1904
reached 1,069,696 bales, as against only 573,421 bales
In September 1903.
The shipments overland were
small In both years, bat amounted to 19,703 bales In
cotton crop in the
movement was
increase in the cotton
1
How
general this
will
be manifest
TO 8EPTBMBBR 30, 1904. 1908 AND 1902.
Since Janwiru
Bepttmbtr.
1.
Port*.
1904.
6alTeston
Bablae PaiB
bale*.
d(0
MawOrleani
Mobile
P«niaooia,&o
SaTannab
816,705
,038,747
I,99<
125,114
85,085
169,01f
48.261
886,248
Sl.eSt'
19,637
18,e0f
71,827
H.Olt
8.660
145,499
8,476
4S.737
199,9:0
658,741'
6,070
10,965
46,761
80,621
67.85r
69,701
14
60.014
45:
2
55.036
28
42.7C8
368
88.871
861
83,086
43
800,«3W
2,697
16,624
i,r69.59e
67.S.421
eo,7«7
WUmlnRton
54.861
Worfolk
Newport News, &o
Total...
1904.
1,083
1.12
295,887
&o
1902.
184.886
424,020
Brantwiok, Sta
Oharleiton
Port Royal, &o
WaihlnfiTton,
1908.
if
80.856
i'i
We
refer
and from the Louisiana ParAttendance at the
Louie.
begun to grow qalte large.
Louis from the East have
1803.
1908.
767,866
102,006
973.169
91,954
089,776
73,887
1, 112.8e3
64,928
67.771
99.427
642.660
611,6971
61.597
64,151
148
118,2e4
111
809.709
16.926
most,
benefited
since
Louis & Western and the St. Louis Vandalla &
Terre Haute furnish good examples. The latter road
affords entrance into St. Louis for the Pennsylvania
Bailroad system, and the road reports gross earnings
for September 1904 of $350,573, against only $224,409
for September 1903, the Increase hence being $126,164,
or considerably over 50 per cent.
That Is the gain on
only this small piece of road, 158 miles In length. It
can be Imagined how much larger must have been the
gains on the long through lines bringing passengers,
say, from the seaboard.
The advantage to all the trunk lines must have been
very great, and we notice that the New York Central
reports a gain of nearly $200,000 on top of continuous gains In the same months of previous years. This
improvement, there seems good reason to believe, has
followed mainly, if not entirely, from larger passen>
ger earnings.
The Toledo St. Louis & Western, already referred to, and which has Its terminus at St.
Louis, earned $336,472 In the month this year, against
$275,556 In September last year. Aiid this road, lacking powerful connections,is not particularly well situated for getting through passenger traffic. We subjoin
the following table showing all changes on the separate
roads in excess of $30,000 whether increases or decreases from which an idea may be gained of the
part played by the larger cotton traffic and the extra
travel to the World's Fair in swelling the revenues of
many different lines. The Wabash heads the list of
increases.
Its large gain may In part be ascribed to
the new connection established with Pittsbargh, but
it must also be remembered that the Wabash likewise
has lines entering Into St. Louis both from the east
and from the west. So, too, the Illinois Central,
which Is another road prominent In the list of Increases, has direct connections with St. Louis, and the
same read doubtless shared In the Increased cotton
movement on Its lines south of Cairo. We notice,
too, that the Illinois Central's Yazoo & Mississippi
Valley line reports quite a good increase.
—
1,
64.664
133,103
286
160,088
102
S06.998
28,574
901.351 8.01S,H80 g.969.373 8.488.7rt0
Canadian Pacific
minola Central
M.Y.Cent. ik Hud. R..
Central of Georgia
St. L. Vand. & T. H...
8t. LonlsSonthweat...
Mo. Pao. & Iron Mt. )
Central Branch... \
Pere Marquette
Mlnu.St. P.iS.Ste.M.
Internafl & Gt. Nor...
Northern Paolflo
Texas & Paolflo
Tol. Ht. L. <te Western.
LoolRvlUe
Yazoo
<k
The
<%
Nashville
Ml86. VaUey.
GROSS
BABBIHOS IN SEPTEITIBER.
Increases.
$369,974 Mobile AOhio
$53,985
351,999 Bufifalo Rooh.A Pitta.
37.285
FBIMOIPAL OHANQBB IN
from the following table, giving In detail the receipts
Increases.
Wabash
at the Southern ports during the month in question.
Sontliem Railway
BGOBIPTS OF COTTON AT 80UTHSBN POETB IN SEPTEMBER, AKD FBOM Mo. Kans. & Texas...
JANDART
application, neverthe-
Is
—
per cent.
1904, against 9^237 bales In 1903.
its
considerable body of roads.
St.
United States railroads for the month of September
makes a very
too, which, while special in
populadensest east of the Mississippi; but It
obviously has also been a circumstance of advantage
to the roads reaching St. Louis from the West and the
$208,594,000 Southwest.
As indicating the effect on some of the
roads having direct lines into St. Louis, the Toledo
RAILROAD GROSS EARNINGS FOR
SEPTEMBER,
Oar preliminary statement
[Vol. lxxlx.
\
San Fran.
300,542
233,993
224,872
194.389
146,622
126,164
116.728
& No.
Pao..
Total (representInK 22 roads). . .
.;
66.004
60.917
58.286
57.035
92,911,663
Decreases.
nnn Great Northern 8ys.
no.uw
Montana Central. \
114,118 Grand Trunk Syst'm
109,111
of Canada (3 r'ds) )
72.214 Denver A Rio Grande
68.893 Chic. Great Western..
, ,
33,537
\
$301,350
Southern.
91,273
88,1C0
59.620
86.818
Total (representing
8 roads)
$576,461
Colorado
<k
decreases in the foregoing are not very numer-
ous, but they attract attention because they stiow the
classes of roads that
mentioned
but
were not favored in the way
drawbacks to
Instead had certain
.
Oct.
THE CHRONICLE.
15, 1904.]
Tnus the Great Northern system
contend against.
$301,360 j presumably this
crop in the Northspring-wheat
smaller
reflects the
the
other hand, it is
On
west the present season.
decrease
a
reports
,
of
1615
The reader need hardiy be told that the Improvement in earnings for September the present year fol-
—
—
lowe speaking of the roads as a whole large and
continuous gains in the same month of previous years.
noteworthy that the Northern Pacific, instead of a If any one had any doubts on that point, the followAt Daluth the ing, showing the summaries back to 1893, would serve
decrease, has $68,893 Increase.
the five weeks ending to demonstrate the truth of the statement.
for
receipts of wheat
October 1 this year were only 4,108,002 bushels,
Mileage.
Orost Baminge.
Increase
bushels in the corresponding
against 4,991^905
or
Tear
Tear
Tear
Tear
Decrease.
Given.
Given.
Precedina.
and at Minneapolis the
Precedina.
five weeks of last year,
~Maes.
Miles.
September.
%
$
$
dellyerles in the same period were only 9,884,950
bushels, against 11,831,380 bushels. Among the other
roads showing decreases are the Colorado & Southern
&
Klo Grande; the contraction in
these cases may be taken to indicate that things have
not yet been restored to the normal in Golorado.
We have jast referred to the wheat deliveries having been smaller at both Daluth and Minneapolis.
The grain movement as a whole, however. In the West
was larger than a year ago. The increase, though,
followed mainly as a result of a noteworthy expansion
and the Denver
deliveries
in the
of
oats.
Combining wheat, corn,
and rye, the aggregate of the grain delivthe Western markets for the five weeks of
oats, barley
eries
at
1904 was 96,889,784 bushels as against only 85,297,617
bushels in the corresponding period of 1903. Of this
increase of IC^^ million bushels, 9^ million bushels was
contributed by oats, as will be seen from the following
table in our usual form.
BBOBIFTB OF FLOUR AND OBAIN FOB FIVE WBEK8 BNDIHO OOXOBEB
AMD SnrCE JANUAHT
(127 roads).
02.783
90.843
44,703,956
49,537,,663 Dec. 4,883,697
(184 roads)
(120 roads).
96,565
94,401
94,696
42,120,964
45,083,,131 Dec. 2,082,167
94,261
44,322,906
48,367,,609 Inc.
1,835,297
(117 roads).
1897 (128 roads)
90,456
80,696
94,423
41,6fll,327
42,056,,682
Dec
495,366
40,720,753
43,333,,198 Inc. 6,387,555
1898 (123 roads).
1890 (111 roads)
iOOO (101 roads)
1001 (06 roads).
1002 (72 roads).
1903 (73 roads)
1004 (66 roads).
91,617
96,700
96,165
101,166
t9,680
90,183
88,698
90,818
47,105,0fl4
44,379,,196 Inc. 2,725,898
94.603
58,632,534
63,004,,386 Inc.
92,902
99,204
58,270,688
66,491,460
6,678,108
67,173 546 Inc. 1,097,048
69,9ri2,,628 Inc. 6,528,838
88,033
88,703
81,623
61,654,626
S6,'i78,,213
68,192,919
63,748. 3Q<\Ine. 4.444,661
61,589,606
69,124, ,478
92,203
89,713
92,786
1893
1894
1896
1806
Jan.l
95,866
Inc. 6,376,413
Inc
2,465,088
to Sept. 30,
1803 (124 roads).
1804 (117 roads).
1805 (118 roads)
1896 (inroads).
1807 (184 roads)
1808(122 roads).
1800 (108 roads)
1000 (101 roads)
1001 (03 roads)
1902 (78 roads)
1903 (73 roads).
1O04 (66 roads).
93,569
93,427
88,228
95,260
91,475
96,181
98,165
100,492
83,f80
90,183
83,602
93,197
87,464
03,807
00,776
94,028
93,992
98.581
88,083
88,703
81,623
374,241,983
376,810,784 Dec.
319.667,3! 6
371,037,317 Dec. 61, 330,031
322,607.610 rne.i3, ,985.096
338,BH3,825
826,903,450
356,645,800
866,883.697
436,131.215
470,588.605
625,841,622
489,256,535
681,651,388
431,650,242
2, ,508,74e
312,929,980 Inc. 13, ,973,470
343,560,268 fne.12 ,985,641
319,888,352 Inc.3S 395,246
899,525.91.7 rnc. 35, 606,218
423,690,726 fnc.46 ,991,879
475,815,88: rnc.50, 025,657
461,747,19^ fnc.37 509.333
500.075,914 (nc.61, 778,474
483,274,172 Dee. 1 ,623,930
Note.—We do not Inelade the Mexican roads in any of the yean.
To complete our review, we annex the following
six-year comparisons of earnings for the leading roads,
1
arra.nged in groups.
1.
EABNINOS OF SODTHBBH GBOUP.
Flour,
Wluat,
Corn,
(.bbli.)
(.bUBh.)
Ibutk.)
OMeaoo—
718.237
729.00H
Blnoe Jan. 1,1904 6,946,418
Blnoe Jan.l, 1908 6,274,618
6wk8. Oct..X904
6wks. Oct., 1903
mivaukee—
8,075,200
4,011,260
16,09,5,393
10,074,619
Blnoe Jan.l, 190^
Blnoe Jan.l, 1903
285.4S5
389,«75
1,328,480
2,361,700
1,130,960
1,004,070
5,148,370
4,912,625
at. Louii—
6wki. Oct.. 1904
6wkB. Oct., 1908
298,990
273,685
8,925.197
3,220,189
18,393,418
15,684.698
SwkB.
6wkt.
Oct., 1904
Oct., 1903
Since Jan.l, 1904 1,731,020
Blnoe Jan.l, 1908 1,638,066
Oati,
(bu«h.)
Barltv,
BVt.
(6ui/t.)
(.buih.)
271.087
18,718,94P 9.100,875 3,930,618
198,-83
16.314,741 6 65^,375 2.758.26t*
72,692,514 57,938.571 16,6i8,f0& 1,79 .',711
71,462,803 67,572,884 13,49S,9ie 8,311,673
189,400 1,088,500 3,660.500
70i>,800 8,464,940
804,250
1,962,760 8,710,850 10.119,361
1,715,960 6,678,400 10,693,140
1,819,865 1,674,660
1,481,66 1.843,776
14,624,406 13.621,190
18.533,823 15,402,40J
8.13,000
144000
8,061,000
1,467,001
174,400
94,400
918,800
696,000
43.797
10d,200
482,076
908,987
ToUd''-
6wks.
BwkB.
751.000
817.04B
3,618 810
4.842,613
Oct., 1904
Oct., 190."
Blnoe Jau.l. 1904
Blnoe Jsn.l,190S
Detroit—
6wka. Oct.,19M
40,900
6wki. Oot.,lH0^
82,liiC
522,135
242,8^1
1,564,690
1,453,889
Blnoe Jan.l. 1904
Blnoe Jan.l, 1003
OleVtlnnil—
240,260
207,760
6wki.
Swki.
70,138
se.eoH
467.425
768,786
98,908
146,381
672,647
I,&10,2&4
Blnoe Jan.l. 1904
Blnoe Jan.l, 1903
78,050
61.660
613,366
694,806
125,600
68.400
711,000
600,400
DuiuthOwka. Oct., 1004
6wki. Oct., 190!)
46 (.OW
730,000
4,108,002
4,991,906
ll,Mll,721
11,559,728
Oct.. 1904
Oct., 1903
Blnoe Jan.l. 1904
Blnoe Jan.l, 1908
PeoriaSwki. Oct., 1904
6wk8. Oct., 1903
Blnoe Jan.l, 1904 1,620,400
Blnoe Jan.l, 1908 3,180,900
HinneavoUt—
6wki. Oct., 1904
Bwks. Oct., 1908
9,«84,980
11,831.380
49.043.421
52,575.830
BlBoeJan.l, 1904
Blnoe Jan.l, 1908
Blnoe Jaa.l. 1904
Blnoe Jan.l, 190S
Total"'
1,840,800
1,344.469
a,335,80u
6,269,269
l,90r
260ir
12,670
40,016
86,600
83,600
94,700
182,138
1.06O.7SB
2,Z12,0«-
5,9a8,6';0
fl,675.5«l
103,444
6,176,654
1,16^
1,116,300
293 200
893,V0U
8,6B2,5U0
7,878,600
109.400
l,794,aot
1,307.300
1,915.106
407,610
6.960,789
2,t09,lWJ
2,213,r,06
1,699.214
3,178,274
2,601,«2f
8,379,870
270,870 8,393,460
2,96345^ 19,1H4,170
8,263,927 13,419,751
2,648,620
8.142,370
6,411,421
6 208,400
10,677
86.400
14,400
194,800
2C6,000
219,170
141,880
601,101
621,205
326.530
100,870
1,178,611
928,770
7,072,200
6,«14,600
82,0<9.070
21,430,440
l,0fln,30t
441.600
699,*' 40
1,289,400
10.438.600 3,860,3
18 470,64C 6,015,000
at
32,684,15!
32.99S.eai
83,018,772 26,207,492 18,881,48)
23,128,182 16,W56.573 ll,8:iu.826
1,117.984
Western markets, it appears^
larger,
being 1,105,135 head against
were somewhat
1,091,471 head; but the cattle receipts at the same
markets were only 890,437 head against 1,031,192 head,
and the hog receipts 866,567 head against 1,000,421
head.
t
181,834
,
478,800
68'),216
4,217,688
3,866,690
8,62),348
639,136
682,110
568,167
464.710
432,669
448,824
11,872,479 10,667,676
9,975,074
8,360,304
7.968,224
7,986,679
St.LonlsDlv;:l
Tasoo & Mlss.Yal,
Total
552,961
443,812
3,003.328 3.003,478
184,644
\
» Freight on material carried for company's own use Is no longer credited to
•amines, the Item bavlnR been eliminated from both earnlnss and expenses.
The flaures for 1904, 1903, 1902, 1901 and 1900 are aiven on this baels.
g Figures for fourth week not yet reported; taken same as last year.
1008,
1901.
1004.
1903.
1
165.405
•
167,299
160,401
744.037
707.34^
648.651
664,318
180,006
494,648
506,172
492,661
444,H12
398.661
368,233
Qrand Trunk Sys,
Hooklns Valley.
3,188,972
3,374,246
8,895.406
2.62,S.778
8,468.048
642,707
568,^^98
498,820
453.744
301,056
Illinois Central..,
4,828,835
4,008,9tJ8
8,734,436
3,436,279
3,118,621
2,737,104
N.Y.Cent.&H.R.+
7,250,040
7.056.161
6,701,674
6,689,671
6,874,849
4,843,781
Pere Marquette.., •1.106,128 •1.082,010
L. Van. & T.
380,578
224,409
T0I.& Ohio Cent.,
840,321
360,054
Pol. Peo. 4West.
113,534
181,666
902,122
884,734
780,681
678,862
106,320
360,584
176,604
174,474
247.770
810,418
107, 68e
Bair.Rooh.& Pitts
Ohlo.Ind.&LonlsT.
H
8t.
Tol.at. L.
&West,
Wabash
Wheel.
&L. Brie.,
l~
t
167,857
1900.
1800.
t
141,688
t
409.698
371,141
2,488,770
846,600
105,872
86,46e
210.601
225,67E
173.870
8,609,661
275,666
2,939,68-
180,670
100,637
101,429
168.789
1,840,911
l,661,£8f
1,616,671
1.497,841
407,401
413,623
361,221
809.81-2
255.884
283.004
386,472
28,008,192 20,060,408 10,056,66) 17,866.129 I8,167,94t- 14,808,877
ABNIMOa OF NOBTHWBBTBBN AND NOBTH PAOIFIO OBOUP.
879,516
movement was heavier tne live stock
the West was smaller.
The sheep re-
ceipts at the five leading
1803.
«
173,369
• Includes Lake Brio & Detroit River Ry. In 1904, In 1003 and In 1902,
t The rail Brook System, the Beech Creek RK. «nd tho W»llklll Valler BR.
Included for all the years, and Boston & Albany In 1904. Iu03, 19U2, 1901 and 1900.
the grain
movement
1900.
2,683,810
&nn Arbor
86\176
Blnoe Jnn. 1.1904 18.88H.308 1!I9.»65.4H9 181,16i,06r I31390'<27 8M,.S08.87e 6.161,466
Blnoe Jan.l. 1908 14.001,(144 130.084.871 141,0eS.81(i 182296875 85,7)2,284 5.n99.888
If
<
198,820
929,805
Sevtember.
l,5Bl,68f
182,62(
1901.
t
286,618
ABMIH08 OF MIDDLE AND MIDDLE WBSTBBCi OBODP,
692.60^
692,067
974
1002.
8
269,553
782,683
680,477
iioathern Ry.
1.09^.911
73H,8SS
4,235 3tfH
2,660.039 3,054,426
29,281
1903.
t
0256,683
2.827,217
612,669
41],08e
1,890,100
1,864,600
18,»12,00t
16,667,960
1004.
820,263
589,843
648,696
OlnJ^r.O.&Tex.P. (7590,600
600,338
460,800
391,227
Lonlsy.&Nashy.. 68,183,630 63,125,844 b2,&88,120 62,449,418 62,215,729
Mobile & Ohio...
693,712
605,352
474,001
630,727
476.022
861,826
625,474
Nash.Chat.& St.L
832,091
746,984
630,236
8,ia^,"'ia
ill-
Oct.. 1904
Oct., 19U3
Alabama Gt. So..
Cent, of Qeorgla.
Total
Kaniat Citv—
Swkt. Oct., 1904
6wki. Oct., 1903
6wki.
5wki.
990,000
1,664.601
6,028,747
10,311,902
September.
September.
Oanadlan
Paclflo.
Chlo.Qt. West....
Dniuth S.a.AAtl.
areat North. Sys.
Iowa Central
Mlan.A St. Louis
U.Bt.P.&B.S.M.
North. Paolflc.b)
Bt.Panl&Dul.t
WlioonslnOent'l
Total
1004.
1003.
1002.
1901.
leOO.
1800.
8
1
8,987.002
8
«
8,264,024
>
8,668.492
629.42v<
*
8,640.786
670.918
241,441
4.171,000
8.661. 4f^8
688.744
748,264
231.4G6
241,6Bfl
676,044
241,617
664,63(1
3,897.794
4.199,144
4,112,721
3.596,96^
282084
8876,860
8,113,272
824,14^
aiO.OHO
269,H&8
881,488
02-*
206,861
V01,6S3
287,.131
!)05,31M
274,440
648.794
3M,«.12
728,804
866,761
81-2,081
270,080
618,766
4.880.106
4.611.813
4.083,880
8,aS8,037
8,131.e0»
eoR.eoo
690.6X6
878.689
769.008
207
602,966
498,810
470,931
/
8,886,763
\
109,010
688.710
16.620.287 16,446,461 16,189,866 13,189,81t- 10.866.87- 11.781,030
—
. ......<
..
) ..)
.
.
THE CHRONICLE.
Hil(>
BABNIROa OV aOOTHWBSTBBM OBODF.
Stptembtr.
1903.
1901.
4
440,487
1,5C0,80(
1,688.400
1,B46,70«
1,616.000
63fi.5iJl
5e<,347
688.67^
495,516
M'J'.ieti
8,823 00-
1,403,101
1,326.601
1,323,477
3,197,433
8,U36,720
2,794 .bH4
009,196
919,360
551, 4lt-
844,«ce
524,162
718.285
H.eH6.7t'3
7.98r\.f07
7.617.5S1
eza.&t'S
>
t
391.498
1
1
1,919.12^
1.618.6^0
Mo.P.AIr.Mt
4.08a.0(K)
8,»71,0O(
Bouthw
Texas & Pao
7«5 Sep
649.13*-
1,0)0.341
944.845
849,026
066,122
10.4«1.7Hl
».>-05.fln
9.0-10,489
8t.t..
t
4t'0,97;-
879,805
957.275
877.8J2
3-8.'<!lf
44-^,861
1,089,251
i
J
llQt.&0t.N0..
Mo. K. & Tex
Total
1899.
I
606,472
South.
Ban.AU.Ur.
B.Gr. W..
19C0.
1901.
»
559,601
•
'0«l.
1908.
name
Mileage.
Oroit Sarninga.
1904.
Increase or
1904.
Decrease.
1903.
of Road.
NewOrl.4Tex.Pac
Oolorado A Southern...
Oenv. & Klo Grande.. )
Rio Grande Western \
Detroit Southern
Oul. So. Bhore A Atl....
0». Southern <k Florida
Grand Trunk
Gr. Trunk Western..
Det. Gr. H.
1903
809
309
-f 2.641
196
14£
189
292
863
196
143
189
292
600
8,329
1,878
105
81S
591
102
7,748
1,845
y 167,940
201,883
113,947
118,176
165,405
744.627
4,171,000
929,305
9,805
683,744
805.172
183,092
V395,847
523,583
1,500,300
132.765
231,406
140,879
199,242
99,685
116.692
167,299
707,342
3,937,00i
782,683
163,606
241.526
130,681
—36,218
-88,100
—20,841
—10,120
+10.298
3,182,972
3,274,245
3,701,674
196,120
156,696
542,797
4.228,835
24,002
636,661
224,143
147.642
Ala.N.O.&Tex.Pao.—
N. on. & No. East..
Ala. & Vloksb
Vlokeb. Shr.&Pao..
Ann Aroor
Koob. & Plttsb..
Canadian Paolflo
Bnff.
Central of QeorKla..
Ohattan. Sonthem...
Olilo. Great Western.
Ohio. Ind. & Loulsv..
Oblo. Term. Tr.
RR.
OlF N.O. ATex.Pao..
Oolorado & Southern.
Denv.A Rio Grande >
Rio Grande West. 5
Detroit Sonthem
Dnl. Bo. Shore &Atl..
Ga. South. & Florida
Gr.Tmnkof Can..
:aii...)
Vest.. J
Gr. Trunk West,
Det.Gr.Hav..&M.)
No.-S.P.M.&M.
Eastern of Minn, j
Montana Central.
Gt*
Qulf
&
Ship Island.
Hooking Valley
Illinois Central
nitnols Soathem
Intemat'lA Gt. No..
Iowa Central
Kanawha & Mioh .
.
Lake Erie & Western.
Loulsv.
& Nashville.
Maoon & BlrmlnK'na.
Manlstlqne
Mineral Range
Minn. & St. Lonls
Mlnn.8t.P.&8.8te.M.
Mo. Kan. & Tex
Mo. Pao.&Iron Mt...
Central Branch
Jack.&K.O..
Mobile* Ohio
Aloblle
Nash. Chat. & St. L..
Nevada-Cal-Oregon.
N.Y.Cen.&Hud.Rlv..
Korthern Paolflo
Fere Marquette
Bio Grande South'n.
St. Louis Southwes'n
T. H...
St. L. Van.
&
San Fran. & No. Pao.
Bonthein Indiana
Southern Railway..
T. Haute
&
.
Indlanap.
T. Haute & Peoria...
Texas Central
Texas & Paolflo
lex. Bab.Val. & N.W.
X01.& Ohio Central.
Tol.Peorla& West'n.
464,373
3,183,630
11.761
7,894
5f).947
272,589
752,905
1,919,122
3.935,000
151,000
t46,462
693,712
861.825
26,918
7.250,540
4,680,106
1,196.128
41,855
765,866
350,573
169,069
119,917
4,217,689
215,827
63,526
79,312
1,010,349
15,4t)0
360.054
121.558
336.472
52,045
& West....
Tol. St. L.
Ham. & Bufl..
Wabash
Wheel. & Lake Erie..
Toron.
2,609,661
407,401
606,600
639,135
Wisconsin Central...
Tazoo
&
MlBS.
y al
. .
+ 14,265
+ 1.484
—1,894
+ 37,28S
+ 233.998
+ 146,622
+ 368
9,437
-59,520
743,264
492,661
139,892
V386.724
559,801
+ 12,,'ill
—6,800
+ 10,123
105
929
666
102
336
836
1,120
1,121
2,398
2.398
432
678
395
401
574
398
—91,273
4,085
4,082
4,017,620
-316,946
5,628
8,628
181,524
161,5S8
568.898
4,003.963
16,022
564,347
210,080
133.126
487,770
3,125,344
9,884
8,638
46,586
269,863
643,794
+ 14,596
360
-4,893
—26.101
267
260
261
347
1,588,400
1,618,58)
3,814,00C
157,00C
t35,735
347
+ 224,872
+ 14,063
+ 14,516
—23.397
880
-+58,286
+ 1,877
8.638
97
64
127
642
1.629
3,04
8,763
3,612
38fc
388
96
912
+7,980
+72.214
—744
+9,361
+2,736
+109,111
+300,542
+ 121,000
—6,000
+10,727
+53,985
639,72'}
1,212
144
3,490
8,610
2,108
+194,389
+68,893
+ 114.118
+ 4,476
+ 116,728
+ 126,164
+ 33,537
+ 10,750
+361,999
+ 23.556
—9,016
+ 11,377
649,13b
224.4U£i
135,535
109.167
3,865,69C
192,271
62,572
67,936
944,348
13,200
840,221
113.634
137
1.104
658
177
880
97
64
127
642
1,453
2,733
8,519
196
912
+ 29,734
+ 6,436
832,091
20,48.
7,056.151
4,611,213
1,082,01(
37,37 9
4,331
4.374
137
1,189
888
177
18(
1,308
158
168
166
7,197
8C
+66,004
+2.200
+ 19.833
1,201
144
3.422
5.483
2,060
180
1,293
158
165
166
7,187
80
174
227
174
227
1,827
88
1,754
68
440
248
461
88
436
248
481
88
+ 8,021
+60.917
—2,534
+369,974 2,486
—6.122
469
275,568]
54,57?
2,239,687
413.523
690,685
682,110
2,484
+ 16,015
977
469
977
+57,025
1,201
1,171
61,589,666 59.124,478 +2,466,088 83,892 31,628
Xotal(66 roads)
Mexican Boads— Not Inolud edlB total (
—
Interooeanlc (Mex.)..
'Mexican Railway
Mexican Southern...
J»at'l
RR.
11462.000
11441,800
11400,780
11388,000
+61,220
+83,800
V60.812
884,641
-832
736
321
263
736
2/61.644
830,572
+53,969
1,89b
1,376
of Mexico..
y Figures here given are for three weeks only of the
years, the fourth week not yet reported.
U Figures are for four weeks ending Sept. 24.
\ Figures are for Are weeks ending Oot. 1.
GBOBB EARNINGS FROM JANUARY
Name
of JRoad.
1904
S
Alabama Gt. Southern.
Ala. N. 0. & Tex. PacN. 0. & Northeast'n...
Alabama & Vioksb'g.
Vlcksburg 8hr. & Pao.
Ann Arbor
Baa. Rooh. & Pittsburg.
Oanadian PaolHc
Central of Georgia
Chattanooga Southern.
Ohio. Great Western
Ohio. Ind. <fe Loulsv
Ohio. Term'l Transfer..
1
month
821
263
In both
9
y2,211,473
y2,077,l96
1,743,227
968,825
1.025,006
1.412.668
6,616,28b
34,606.716
6,874,882
92,140
8,569,858
3,944,683
1,126,661
1,784,110
855,203
959,461
1,593,976
5,903,734
33,452,968
6,679,230
91,672
5,927,686
3,983,41fc
1,390,730
9
y4,810,239
4.639.892
11,705,272
12.741.156
1,012,063
1, 842.61b
1,242,997
1.221.570
2.116,986
1,273,838
24,814,332
26,420.866
26,337,963
1,799.249
1,341,117
27,810,307
Montana Central
...
-••
712,988
1,038,884
•... ....
209,607
274,838
30,841
]
'
>
\
& Ship Island
Hoflking Valley...
4,214.1.^9
Illinois Central
Illinois Southern
Int. <k Great Northern..
85,046,981
222,24f
Iowa Central
Kanawha <& Michigan.
Lake Erie <& Western...
1,786,558
1,231.053
3.671,614
27,291,962
89,976
62,721
468,757
2,028,298
4,962,S13
12,964,408
30,689.286
1,277.000
&
%
S
107,989
1,606.634
Nashville..
3.88.'>.863
Manlstlqne
Mineral Range
Minneapolis & St. LouU
Minn. St. P. & 8. Ste. M..
Mo. Kan. di Texas
Mo.Paoiflo& IronMt...
Central Branch
Mobile Jaok.A K. City.
343,012
Mobile* Ohio
5,771,140
Nashv. Chat. & 8t. L...
7,780,450
Nev.-Cal.-Oregon
147,849
N. Y. Oent.& Had. Rlv..
67.488.229
Northern Paolflo
34,045,743
Pere Marquette
8,660,299
Rio Grande Southern...
331,598
St. Louis Southwestern.
5.706.603
St. Louis Vand, & T. H.
2.239,532
San Fran. & No. Pacific
1,090.956
Southern Indiana
965,965
Southern Railway
34,073.748
T. Haute & Indlanap. ..
1.567,698
473,39H
Terre Haute & Peorlal
Texas Central
485,621
Texas APaciflo
8,105.268
Texas Sab. Val. <fe N.
108,600
toledo & Ohio Central.
2,718,370
993,532
Toledo Peoria & West'n
2,649.259
Tol. St. L. & Western....
486,796
Toronto Ham. & Bufl...
17,929,495
Wabash
3,122.466
Wheeling & Lake Erie.
4,805.07
Wisconsin Central
5,581,149
Yazoo <St Miss. Valley.
W
Total (66 roads)...
Net decrease (0-33
1,643.113
1,328,351
4,78«,ie2
34,926,360
112,589
3,947,252
1,762.707
1,186,341
8,891.362
27,128,698
100.420
55,046
427,116
1,472,344
166,186
12,766
...•••
....
672,008
120.621
109,659
6*1,389
23.851
44,712
219.748
163,284
id',444
7,675
41,641
129,220
116,142
2,157,51!;
5,078,785
12,323,958
30.661,632
1,055,000
245,637
5,721,698
7,466,030
142,148
59.698.240
34.377,869
8.323.787
382,885
5,206,288
1,861,231
1,037,163
806,432
32,279,276
1,514,070
469,219
410,795
8,194,816
100.503
2,862,314
959.989
2,336.941
482.918
16.656,503
3,366,543
640,460
27,6i3
222,000
97.375
49.444
284.426
9,210,011
332,126
836,512
.
51,287
,
500,367
37i,301
63.793
159,533
1,794,473
63.625
4,180
74,726
Mexican Railway.......
Mexican Southern
National RR. of Mex.
.
..••.•••
89,84*8
8,100
148,944
33,533
312 318
......M
53,881
1,272,992
243,077
264,106
5,069,1.81
~
423,811
9,886,909 10889839
1,628,980
p.o.
Mexican Roads— Not included
Interooeanlc (Mex.)
>..•-.»•
•.•••.•*
........
5,701
6.157.338
481,650,242 488,274,172
.....••«
in
totals.
114,588,070
114,369,200
113,979,060
114.004,500
y862,074
y787,139
8.563.095
8,605.104i
y These figures are down to the end of the third
H Figures are for period to Sept. 24.
859,010
364,700
114,936
52,009
•
•••wO
».^....
week of.Aog.
only.
ITEMS ABOUT BANKS, BANKERS AND TRUST GO'S.
—The
public sales of bank stocks this week aggregate 517
which 117 shares were sold at the Stock Exchange
and 400 shares at auction. The transactions in trust company stocks reach a total of 190 shares. Forty shares of
stock of the Importers' & Traders' National Bank were sold
at 594, as against 575 in September, when the last previous
sale was made, and 10 shares of Windsor Trust Co. stock
shares, of
brought 19754, comparing with 170 in September. A lot of
10 shares of stock of the Williamsburgh Trust Co. was sold
in the "curb" market at 386, the price showing no change
since the last previous sale
was made
in
Bakks- iVeto Sork.
Price.
ghartt
*142 Commerce, Nat. Bank of
230-232
10 Consolidated Nat. Bank
180
I68I1
300 East Rtver National Bank
25 Fourth National Bank
228
40 Importers' & Traders' Nat. Bk. 594
TBU8T Companies— ATew lork.
100 Commonwealth Trntt Oo
50>a
5 Morton Trust Co
878
60 North American Trust Oo
250
10 Windsor Trust Co
197\
TBUhT Coup KHY— Brooklyn.
26 Nassau Trust Co
256
May
1901.
Last previou* tale
Oct.
1904— 230
May 1904—
iei>fl
1904— I69I9
Sept 1904— 234i«
Sept 1904— 576
Apr.
84
Aug. 1904—
Sept 1904— 870
Sept 1904— 250>4
Sept 1904— 170
Mar.
1904— 261
*Of this amount 117 shares were sold at the Stock Exchange.
Increase
$
184,277
l6o,62'2
66,645
1,153,'7'47
198,652
668
—The
stockholders oi the Pheniz National Bank of this
meet on the 28th inst. to consider the renewal of
the bank's chatter, which expires in January. It is under{Deereate.
stood that the interests in control now have the two-thirds
9
required to secure renewal. Hitherto these interests, though
holding a majority of the stock, have lacked the necessary
40,883 two-thirds, and the effort to secure the additional stock
needed was blocked by a minority interest which had pooled
180'.417
287,496 $360,000 of the capital. According to reports, the whole of
this block was purchased the present week by Qaorge C
Warner, representing the majority interests.
TO SEPTEMBER
1908.
:
y4.918.22P
3,926,907
AMllw..)
GreatNo. 8t.P.M.<te M.
Fast'n of Minnesota
LouisvUle
—2.970
y 164,970
[
Ineretut. Dotrnat-
)
Haoon & Birmingham..
Alabama Ot.Boath'n
1903
1904.
Gulf
QR088 EARNINQB AND MILEAGE IN SEPTEMBER.
Hafne of Road.
Oln.
[Vol. Lxxix.
30.
8"57,731
38,765
164,069
city will
—The Guaranty Trust Company of
an
artistic booklet, entitled "Solidity
this city has just issued
and Progression" (from
;
Oct.
THE CHRONICLE.
15, 1904.!
1617
Woodward Co.). It is bound in branches have been established at Kobe, Canton, Cebu and
Japanese art vellum and tied with East India raffia. The Panama. The first three are tributary, respectively, to and
decorative figure in the cover design (which is intended to typ- operated in connection with the larger neighboring offices at
Mr. Moyer points out
ify the title and dignity of the Institution) and also the accom- Yokohama, Hong Kong and Manila.
panying illustrations were drawn by the well known artist, that the expectation that a revival of business in the East
Charles A. Winter. "Solidity and Progression" sketches would follow after the field of the Rus=?o- Japanese War was
briefly New York City's growth during the past fifty years. defined, has only lately been realized, and so has small bear
A half century ago there were only twenty-six banks, with ing on the period which the report covers. While the opera'
deposits of 128,868,483; to-day the number has increased to tions of the institution have in general had fair growth, the
eighty-eight and tbeir deposits to $1,106,154,000, while the corporation was obliged to provide for a considerable loss relife insurance companies have accumulated $1,350,000,000 of sulting from business undertaken by one of its branches in
Besides this provision there has been charged off, In
assets, the savings banks have |602,649,810 deposits and the 1903.
'These figures con- addition to the usual 10 per cent for depreciation of furnitrust companies resources of $829,913,855.
tain the promise that at no very distant day this city will ture and fixtures, the whole of the cost of acquisition of the
Manila, Hong Kong and Shanghai branches and good-will in
be the financial centre of the world."
The charter of the New York Guaranty & Indemnity Com- the Orient of the Guaranty Trust Company of this city, menpany (the Quaracty's original name) dates back to 1864. tion of which was made in these columns last February. The
Since the company's reorganization in 1891 it has paid in net profits of the half-year, before the making of these provis"
dividends 13,080,000, and has added to its surplus and un- ions, were 12 per cent less than those of the preceding period.
divided profits $4,625,855, while its deposits have reached Since the close of the period reported upon, however, a reBesides a trust department, the company vival of trade between the United States and China has re$45,000,000.
operates a bond and a foreign department.
sulted in much desirable business, and will be reflected In
The Lincoln Trust Company of this city has created a the statement at the end of the year. The corporation's
the presa of the Arthur B.
'
—
of Mr. Edward C. Wilson as building now in course of erection at 60 Wall Street, owing
The rapid growth of the company's to labor troubles and other unavoidable delays, will not be
business has required this addition to its official staff, which ready for occupancy until early next year— somewhat later
is now constituted as follows
Henry R. Wilson, President than at first expected.
Frank Tilford, Vice-President Owen Ward, Second Vice—A certificate was issued by the State Banking DepartPresident; Robert C. Lewis, Treasurer; William Darrow, ment on the 7th Inst, to the new Brooklyn financial instituSecretary Edward C. Wilson", Assistant Treasurer. The tion, the Prospect Park Bank, and on Monday the bank
total resources of the company now exceed $12,000,000.
opened for business. Particulars regarding the bank, which
—In a pamphlet just issued the committee recently ap- is located in the Flatbueh section, corner of Flatbush and
pointed by the New York State Savings Bank Association to Church avenues, were given in these columns on October
secure the repeal of the savings bank franchise tax pre- 1. The "Brooklyn Eagle" is authority for the statement
sents the main arguments against the tax, Concise state- that a separate savings institution will shortly be started by
ments are given as to the nature and purposes of savings the new bank, the name of which will be the Old Dutch
banks, the restrictions of law which limit their earning Savings Bank. The officers of the latter will be practically
powers and the manner in which a tax impedes their pur- the same a? those of the main bank.
—The Lincoln Trust Company, 94 Montgomery Street,
poses. Both political parties of the State have pledged themselves to repeal this tax, and a bill to this end will be intro- Jersey City, will move on November 1 into the large office
duced at the opening in January 1905 of the Legislature at building which it acquired lately on Montgomery and Washington streets. The institution commenced business FebruAlbany.
—The dissolution of the firm of S. L. Blood & Co. was an- ary 1 1902 and now has $600,000 deposits. Mr. Harry Lou-
new
office
by the election
Assistant Treasurer.
:
;
;
Stock Exchange last derbough is President; Mr. Andrew Spotts, Vice-President;
Saturday. It is stated, however, that while Mr. Sidney J. Mr. Edwin M. Farrier, Secretary and Treasurer.
Fleet and Mr. George E. Madden have retired from the firm,
second dividend of 25 per cent was ordered paid to the
Mr. S. L. Blood will remain in the brokerage business under creditors of the American Exchange National Bank of Syrathe present name. Mr. Blood was one of the two members cuse, N. Y., under date of Sept. 15. Receiver J. W. Sohoof the Stock Exchange who were recently suspended for a field informs us that this dividend is largely the proceeds of
period of one year for violation of the rule which prohibits collections from the assessment levied upon the stockholders
members from having telegraphic or telephonic communica- by the Comptroller in August. With the 25 per cent declared
tion with other Exchanges.
in June, the total of dividends paid since the suspension in
—The shareholders of the Equitable National Bank of February amount to 50 per cent.
nounced on the
floor of the
New York
—A
— Mr. Charles T. Welles, for the
past nine years President
has retired from that office,
owing to the pressure of other interests with which he is
Mr. C. T. Klein was elected Chairman. The bank was connected. Mr. Welles had been identified with the bank
closed on February 10 last in compliance with the voluntary for forty-two years. Mr. Maro S. Chapman has been elected
application made by the directors, who deemed it to the best temporary President by the directors. Mr. Edward D. Redfield, in addition to being Cashier, has been elected to the
interests of all concerned to wind up the affairs.
—The Italian-American Trust Company of this city, re, office of Vice-President and Mr. Edwin H. Tucker has been
ferred to in our issue of March 19, opened for business on chosen Assistant Cashier.
dividend of 1 per cent on the $500,000 capital stock
Monday at 520 Broadway. The company's stockholders
are all of Italian descent, and the institution will cater of the Mercantile National Bank of Hartford, Conn., in liquiespecially to the Italian colony of this city. The officers are dation since August 3 1897, has been declared by the direcMr. E. Gerll, President; Commodore Celestino Piva, tors. All the depositors were paid in full, and but 8 per
8. D. Scudder ard Count F. Scheibler, Vice-Presidents; A. cent remains unpaid on the capital, a total of 92 per cent
Baur, Secretary and Treasurer, and Chevalier J. N. Franco- having been declared thus far on the stock.
this city, at a meeting on the 7th Inst., decided to discontinue
the receivership, and elected Mr. E, G. Gilmore agent to
take over the aseets for distribution among the stockholders.
of the City
Bank
of
H j.rtford,
—A
linl.
Trust Offi -er. The President, Mr. Gerll, is a silk importer at 52 Greene Street; Second Vice-President Scudder
is Treasurer of the North American Trust Company of this
—The newly organized Washington Trust Company of
Boston opened for business on the let inst. in the Penn
Building, on Milk Street. The company has a capital of
city,
while Secretary Baur was formerly Cashier of the
Bank of San Francisco. The company has
a capital of $510,000 and a surplus of $50,000.
$500,000.
Swiss- American
Two days were devoted last week to the tenth annual
convention of the Pennsylvania Bankers' Association, held
at Atlantic City, N. J.
President D. McK. Lloyd (President
of the People's Savings Bank of Pittsburgh) in his annual
addreps presented a number of statistics, showing the growth
of the country as a whole, and cited figures to show the part
played by the State of Pennsylvania In this advance. Others
—Under date of the 11th Inst., President W. L. Moyer of
the International Banking Corporation flubmits to the stock
holders a report of the institution's condition, together wi h
the corporation's fourth semi-annual statement that of Junf
—
80 1904.
Since the last previous report (March 14 1904)
—
THE CHRONICLE.
1618
who
contrlbnted to the program with addresses were Fred-
erick A. Cleveland, Professor of Finance in the
New York
University; William 8. Powers of Pittsburgh; Albert H,
O'Brien of Philadelphia and William A. Prendergast of
New York. The oflacera of the association for the ensuing
year are: President, Mr. W. H. Peck, Cashier of the Third
National Bank of Scranton; Vice-President, John G. Reading, President of the Susqaehanna Trust & Safe Daposit
Company of Williamsport; Secretary (re-elected), D, 8.
Kloss, Cashier of the First National Bank of Tyrone, and
Treasurer (re-elected), E E. Lindemath, Treasurer of the
Clearfield Trust Company of Clearfield.
[Vol. Lxxii.
vaults amounts to over 30 per cent of the demand deposits,
besides the six and one-third million and more in out-of-town
banks and (1,148,616 03 in process of clearing at the date of
statement.
These figures certainly reflect safe and con.
eervative management.
The President of the Northern
Tru9t is Byron L Smith, who Is assisted by its Vice-President, Mr. F. L. Hankey; its Cashier, George F. Orde; its
Secretary, Arthur Heurtley, and an efficient corpij of Assist,
ant Cashiers, Assistant Secretaries, Auditor, &c.
—
The National Bank of North America, Chicago, which
began business in June, 1902, and which has earned in excess of 6 p ?r cent per annum ever since on its capital stock,
—
The payment of the first dividend to the creditors of the has declared its first dividend of l}4 percent, payable Oct.
Maryland Trust Company of Baltimore was commenced on 10, to stockholders of record at the close of buslnes' Oct. 8,
per cent. In its stateWednesday by Receiver Allan McLane. A full settlement thus indicating an annual rate of
ment
showed
of
September
this
bank
deposits of |14,197,6
made
with
the
whose
claims
has been
preferred creditors,
aggregated |633,680. To the ordinary creditors a dividend 895 14 and undivided profits of $377,435 08. Its capital Is
of 55 per cent is paid, with 5 per cent accrued interest from $2,000,000 and its original surplus $500,000. The phenomeOctober 19 1903 to Oijtober 12 1904. The olaiois of these nal growth of the bank's business is largely due to thd indelatter
amount
to |4,933,490, the 5C-per-cent dividend calling
for a distribution of $2,713,643.
made
pcasible through the recent sale to Messrs. Speyer <fe
Co. of the trust company's holdings of bauds (|6,000,000) of
the Vera Cruz & Pacific R.R., references to which have been
made in previous issues.
—At a meeting of the dlrectord on
the 7th inat. Mr. Albert
E. Fletcher was elected Cashier of the Union National Bank
of Philadelphia. The oflBce became vacant last January
with Mr. William H, Carpenter's advancement to the presidency.
— Mr. Samuel R. Shumaker, Vice-President of the National
Bank
of Western Pennsylvania of Pittsburgh, died suddenly
on the 9th inst. Mr. Stiumaker was about forty-seven years
of age. He had been the Vice-President of the National
Bank of Western Pennsylvania since June 1903, prior to
which he had for eighteen years been Cashier of the First
National Bank of Huntingdon, Pa. His early banking experience was gained with the Qirard Natioual Baak of Phil-
adelphia.
— At the spscial
meeting on Monday the stockholders of
the Fort Pitt National Bank of Pittsburgh ratified the proposition to increase the capital
from |200,000
to $1,000,000.
Of
the new issue |700, 000 will be exchanged for a similar amount
of stock of the North American Savings Company and $100,000 for the stock of the Fifth National Bank of Pittsburgh.
The absorption of the Fifth National by the Fort Pitt National, voted by the former's stockholders on Monday, will
go into
effect
November
—The question
1.
of the supervision of private banks
was
foremost in the discussions at the convention of the Indiana
Baaherc)' Association, held in Indianapolis on the 5uh and
6th.
It was expected that the discmsions would result in
the adoption of resolutions urging such inspection, but the
convention adjourned without the taking of any decisive action in the matter. The private bankers, who were in unusually large attendance at this year's meeting, in view of
the antagoaistic attitude agiinst private banking, asserted
themselves, and insisted upon and Eecnred a fair representation
on the Association's executive committee where before their
representation was practically
fatigable energy of its President, Mr. Isaac N. Perry, forof the Contineatal National Bank of
Chicago, and its genial Vice-President, Mr. Charles O.
Austin, formerly Cashier of the Mechanics' National Bank of
St. Louis and President of the Missouri Bankers' Association.
The disbursements were merly Vice-President
—
At a meeting on the 7th inst. of the directors of the
Colonial Trust
Savings Bank of Chicago, the list of officers
was enlarged and several promotions were made. Mr. G. A.
Rose was elected Second Vice-President and Mr. S. B.
&
Thomas was chosen Secretary — both newly
—
The first annual meeting of bankers of Montana was
held in Helena on the 5th and 6th inst., at which the organization of a Sate association was perfected. Governor Toole
of Montana delivered the address of welcome. The program
contained also the name of Mr. August Blum of the First
National Bank of Chicago, who spoke on " The Bankers'
Province."
—The
recent meeting of the Kentucky Bankers' AssociaLouis Fair grounds was the first to be held
outside the State. Tae convention was the twelfth annual
gathering of the association, and occupied two days— the 5th
and 6th. Mr, H. C. Rodes, President of the Citizens'
tion at the St.
National
Bank
of Louisville,
the association's
Is
new
Presi-
Both the Secretary, Mr, Isham Bridges of Ljuisvilla,
and the Treasurer, Mr. E, W. Hays, Cashier of the National
Bank of Kentucky of Louisville, have been re-elected.
dent.
—Mr. L. W. Cherry has succeeded Mr. El. Cornish as
President of the State National Bank of Lictle Rock, Ark.
—Mr. H. W. Williams has
replaced Mr. D.
W. Humphreys
&
Mechanics' National
Bank of Fort Worth, Texas. Mr. M. P. Bewley has become
Second Vice-President of the bank.
as Vice-President of the Farmers'
IMPORTS AND EXPORTS FOR SEPTEMBER.
The Bureau
nil.
created offices.
Mr. G. H. Coney, previonsly Aseistant-Cashier, has become
Casbier; Mr. Emil Stuedli has been elected Assistant-Cashier,
while Mr. A. F. Struckman has been appointed Manager of
the bond and mortgage department.
of Statistics at
Washington has Issued
the country's foreign trade for
—Mr. Andrew Smith, lately Assistant Cashier of the
American National Bank of Indianapolis, has become Vice- Saptember, and from It and from preylous statements
President of the Capital National Bank of Indianapolis. Mr. «re have prepared the following Interesting aumSmith was also elected Secretary of the Indiana Bankers' maries.
the statement of
Association at the recent convention.
—The Auditor of
Public Accounts of Illinois has issued a
permit to organize the Calumet Trust & Savings Bank, at
Morgan Park (Chicago) to Robert B. Thomson, Ira M.
Price, Christian Zjiss, Jesse A. Baldwin, Henry R. Clissold
and F. N. Wilder. Mr. Wilder is Assistant Cashier of the
Merchants' Lsan & Trust Co. of Chicago.
The capital
stock of the new b^ink is to be $35,000.
— An analysis of
the last statement of the Northern Trust
Company-Bank of Caicago reveals some interesting features.
With deposits of |25,126 397 94 the reserve shown is
01-of which
due from banks
mainly outside of (Jhica&:o aud |4, 208, 750 93 is cash on hand.
Of the groi^s deposits only a little more than half (|13,814,082 79) is due on demand; sj that its actual cash in the
111,743,114
|6,3S4,748 07
is
FOBBION TBADB MOVBlfSMT Or THB UMITBD BTATBB.
[iDthe followlnn tablet three olphari(OOOt) are in alleaiei omitted.]
1903.
190i.
Mxporti,
Imvortt.
Mmetm.
import*.
flzyorti.
Bxceu,
.
,
neroh'dlee.
Its
>
Jan.-Moh....
S"»0.7e4
t
a«-^,eflP
+lir.804
391.678
il«4,097 +147.645
Apr.-Jnne..
July
Aatrnit
ti9'J,962
1115.877
-I-4T.5S6
305>80
a4S.717
+37.263
Hi.'Mi
9J.251
71,lfl'.t
055
91.813
»'4.l88
+4,515
8}».4«a
+«.e85
+7.897
+30.110
110.3' 5
8i.0*9
81,817
September.
Total
I
131.247
+14
~«83.451~751,877+i34!o?4 ~9S».276
Qold and Uald
In
Jan.-Mch....
4.888
Apr.-June..
July
64.061
Augast. ...
September.
10,763
ToUl
^7.789
84,132
f
Or*.
4i.ll6
43,H48
4,744
8.BZB
7.764
4.211
83.089
08.694
1.088
+48.648
738,798+430.478
—17,728
+38.4 IS
—7.848
-3.761
— 1.4»7
9.118
86
9K8
8.386
3.&80
4.881
7.849
3.iC6
+43.181
+4.487
-7.764
—4,187
+14.345
41,637
31.641
+9.896
+4.P99
4,686
48.701
rJ
.
Oct.
4
1
—
.
Exports.
Import*.
ETxet*.
Exports.
%
%
%
%
Imports,
13.086
13.341
September.
3.379
0.834
0,961
1.881
2.518
4.O03
~39.130
19.677
11,109
+6,208
+6,390
+3.154
+2,331
+1.376
+19,453
+6.449
+1.076
+461
—849
+881
4,660
3,821
2,664
2,869
1.687
6,896
3.015
2,020
2.868
24,008
16.601
48,307
subjoin the totals for merchandise, gold and
silver for the nine months since Jan. 1 for six
years.
GOLD.
MlBOHANDISX.
Hos.
Ex-
of
%
%
«
Bxportt ports.
t
%
731.877 i34074 8S.08P 68,694
T38,7Ht.
430478
704
44
14V
1
Ol'.;
41,6.17 31.641
3»,9H«i 44,906
040.478 399841 34.681 33,400
044
4fl7
Ex-
of
ports,
407197 34 606 3»,B8v
383908 3 1 0575 34,878
34,269
six years
;
.
Debtonwblohlnterest has oeased
$88,800 09
46.000 00
684,460 00
948,670 26
$1,841,870 80
$1,662,820 28
DBBT BBARING NO INTBRBST.
OnltedStatesnotes
$846,681,01600
Old demand notes
63.847 60
National bank notes— Redemption aooonnt
38,378,186 60
0,860,249 88
Fraotlooalonrrenor, less $8,376,084 estlm'd as lost or destroyed
Aegregat e of deb t b sarlnR no 1 nterest
.$886,977.248 88
,
BBCAPITULATION.
Classification of Deht—
iBterest-bearlng debt
Debt, interest oeased
Debt bearing no interest..
Sept. 30, 1004.
$
806.157 630 00
1.662.820 86
886.977,848 88
31, 1904.
Inc. or Dtc
|
$
805.167,630 00
1.841,270 26 Deo.
'i7o,6sb'6b
888.360,846 88 Deo. 1.392,597 00
August
Excess
Im-
Ex-
of
ports.
port*.
*
l,288,79T,r90 14
Total gross debt
Oash balance In Treasary*. 301.414.168 b8
Totalnetdebt
3,4ii8,798
Ino.
rT82,3f 8.^8 32 ~087.3B8.38r69
87
Deo. 6,010,440 87
Inalndlng$160.000.000 reserve fnnd.
%
14,846 19130 19,677 19 458
9,89»< 44,808 16.601
8.807
6 090 33,580 18 70. 1 6.876
•2,71K 41.4g8 22 4»1 18.997
12.616 47 601 30 270 17,811
1.391 38.738 22.^21 10,014
The foregoing
show a gross debt on
figures
of 11,383,797,099 14 and a net debt (gross
in the Treasury) of $982,382,936 32.
since July 1 for
following exhibit.
Sept. 80, 1904,
debt less net cash
Treasury Cash and Demand Liabilities.— The cash
holdings of the Government as the items stood Sept. 80
have prepared from the Treasury statement of that date.
Irust
months
Deo, 1,571.647 00
1.886,S68,746 14
297,976.^(64 46
A8SXT8.
make the
5ept. 80.
.
i
Bxeess of imports.
Similar totals for the three
31.
Interest oeased Antrust 18. 1900
$88,800 00
e«f,(00O0
randed Loan of 1891. matured September 2 1881.,
648,80 00
Loanof 1904, matured Februarys, 10"4
l,06ii.870 86
Old debt matured priorto Jan.l, 1861
18, 1900
Slltib.
Excess
Im-
Exports ports.
1904. 083,4.51
1903. »*<9.276
1904. 9*3.l«'
1901. 1,046,81«
1900. 1,051.964
1899. 1)02477
*
Excess
1619
August
May
We
Exports. Imports.
,
Loan of 1891, oontlnnedat 8 peroent. called
Branded
•
t
—Bxoeii of imports.
of exports.
Nine
—
,
Excess.
SllTer and Silver In Ore.
Jan.-Mob...
Apr.- J one.
Jnly
Antrast .....
+ Bzoeii
:
:
DBBT ON WHICH INTBBB8T HAS CBASBD SINCB MAA'URITT.
-1903.-
1904-
.
Total
—
.
THE CHRONICLE
15, 1904.1
4.636
4,*- 49
.
we
UABILITIia.
FunA Holdings—
Trust Fund IAabilitie»—
Qoldooln
$628,491.969 00
474.82^,000 00
Silver dollars
8.944.66100
SUverdollarsof 1890....
3,0V!1,439 00
Silver bullion of 1890..
Total trust funds
.tl.0H.779,9B9 00
Sold oertmoates
1538,491,060 00
4r4,ssf8,000 00
811 ver certificates
Treasury notes of 1890.. 11,966,000 00
General Fund HoidinosOold coin and bullion... $31,119,136 13
Oold certlflcates.
41,979,830 00
Sen. Fund LiabUiUes—
National bank 6 per oent
6.1H2 124 00
&58H.778 00
Outstanding checks and
2,l'-3&
9,75e.268 00
105.901 00
14,051,»ai 00
11,460.1(97(9
Disbursing ofBcers' balances
Post Offlce Department
.
aOLD
MlBOHANDiaii.
Three
Uos. Bxports. Imports. Bxetsi
Bxporti
1
1904
Im.
ports.
ports.
t
t
Ex-
»
•6,840 12,7''3
17.665 •7.4«4 7.403
*9»9 13.052
11,719
10,472 •16,2-8 13.053
123,368
10.880
Excsst
Im-
of Bx
port!
Exporti ports. ports.
t
311,786 443.039 68.686 14,690 20,030
1903. 491 624 446 054 43.570 10.80
1902. 304.965 243, H07 39,I6>- IO.780
1901 344 46B 4 1 3 03H 111480 3 19J
1900. 319 931 185 050 I34t8i 44,165
1899 30i),45b 197.45 112 01 3 324
*
Sxesss
Ex-
t
t
BiiiTia.
t
t
9,908
6.620
6.484
7,356
17.131 ll,4i!l
•3.65B ll,6l5 S28iJ
•1,10.-
6.861
7f3
6.568
3.6»7
9.710
3 330
Bzoeis of imports.
In these tables of totals, gold and siWer in ore for
the years are giyen under the heads respectively of
gold and silver.
all
The following shows the merobandlse balance
for
Silver certificatesSilver dollars
Silver bullion
VH
Dnlted States notes
Treasury notes of 1890..
National banknotes
Fractional stiver coin...
17168
Fractional currency....
596,S9ii 17
Minor coin
37,910 10
Bonds and interest paid
Tot. in 3ub-Trea8urie s.»126,'^02 807 86
In Nat. Bank DepositariesCredit TreasurerofU.S.t 04,26^2«6 08
8,' 47..-7H so
Credit U. 3. dlsb.olHoers
$u>;,.'iu.'<.S06 ^a
Total in banks
InTreas of Philippine Islds.CredltTreasurerof C 8. $1,492,29169
4,3S2.4ll 8a
Credit U. S. disb. offlcer s.
Total in Philippines.
$6, 824,' 08 98
Reserve Fund HoldingsGold coin and bullion $16n,roo,000 00
.
.
Grand
total
.
$i.4i-8.«iu,»8t
Tot. trust Uabilitief.. $1.014,770.069 00
fund
$14,057,03610
9,884,603 04
drafts
account
Misoellaneons items,
aZOBSS OF HBB0HAMDI8B IKPOBTB OB BXPOBT8.
9 montht ending Sept. 30—
1875
1876
1877
1878
1879
1880
1881
1882
1883
1884
1885
1886
1887
1888
1889
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
1901
1902
1903
1904
Imports 12,591.f>48
Imports. 45,361.0'>2
Imports. 89,683 704
....Imports. 44,216,877
Imports. 84,093,535
Exports. 10,446 816
Exports. 29,204,090
Imports. 22,103,499
Exports. 73,028.234
Imports. 43.115,673
Exports.143,973,601
Exports 187,483,339
Exports 3P3,899, 189
Exports. S16.675. 102
Exports 407. 496.80^
Exports. 399. 841, t)98
Exports. -41,01 1.841
ExportB.230,478,2y5
Export8.234,074,4l6
190J^,
Made up of—
Available
$161,414,162 83
and
Reserve Fund
Gold &bull.$160.000,00000
Grand total
$1,408,910,084 06
Failures for Third Quarter A^D Since Jan. 1. The folfigures, prepared from Messrs. R. G. Dun & Co.'s
statement, show the number of failures in the United States
and Canada during the quarter ending Sept. 8<i, 1904, and
for the nine months ending with the same date. For purposes
of comparison like -figures for the corresponding periods of
lowing
the preceding year are given
•1904.
Third Quarter.
New England
Chronicle
S^'pt,
HH«
8t.
of
Loan—
t
payable.
Q.-
Consols of 1980
issued.
t
Reoistered
*
Coupon.
t
3s Loan o f 90H- 1918. Q.—
198.7W2.B60
ia.fanaea loan. I0i)7..g.— J. 740.H28,"66
684.1^6 800
48 036.680
116.476.400
8.723.160
88,088.780
41,117,860
Refnnd'Koertino'g.Q.— J. 40.012,760
Loan of 1926
U.— F. 162.816,400
98.189.860
26,80U,:60
,
4|
4s.
1
648.9<<9.0S0
.
>
Total
t
842.009.050
77. 185. MHO
166.5MS.fl50
««.?70
118,489.900
Add'te Int.-B«»rlngDebt.l.e84,9£tt,460 788.880 180 111.230,730
695.157,630
1*0T»— Danomlnat long of Bonds are
Of 110 onij refandinu oertinoHtes: of |20 loan of 1908 ooapon and reRlsterei)
Of $50 all Issues except It of 1008: of IKiObII Issaes:
Of 1600 all except 5» of IWMooup.i of 11,000 all Isntios;
Of IS.UOOall reKi8t/e'd2R.8s and 4b: of f 10. 000 all reKlstered bonds;
Ot 120,000 reglst. 4s loan of 1907; of $60,000 roKlstered ts of 1080.
:
,
.
Amount of
No. of
.
LiaHlitiet.
362
666
403
286
614
343
296
$3,219,4bO
9,145,800
6,713,700
2,562,348
7,753,840
2,431,785
1.341,366
348
546
362
212
516
331
233
$7,427,010
13,911,610
4,865,092
Aggregate United States... 2,9 89
$32,168,296
2,648
$34,868,595
$2,930,407
229
$1,936,974
$l^,740,18l 1,071
33,883,202 1,678
19,847,813 1,497
762
6,?69.487
24,520.032 1,.570
6,009,372
982
4,689,218
616
$17,736,079
34,691,416
12,530,265
4,929,312
22,022,386
States
Paolflo States
Dominion of Canada
328
Nine Montht.
New England States
Middle States
Southern States
Bouthwestern States
Central Western States
Far Western States
1,153
2,029
1,463
894
1,668
1,132
839
Paolflo States
.
For statement of Aug. 31, 1904
17, 1904, page 1003; that of Sept. 30,
page 1287.
INTBRBST-BBARINQ DEBT SEPTEMBER 80,n904.
int<r<it Amount
Amoun Outstandino.
1903.
.
Liabilitiet. Failuret.
Failuret.
Middle States
Southern States
Southwestern States
Central Western States
Far Western States
flgnres issued Sept. 80, 1904.
1908, see Oct. 24, 1903,
.
Amount of
No. of
$111,659,205
8,176
1.0rt2,685
4.685,306
l,6i7,316
1,279,676
4,590, 90
5,156,168
$101,656,866
Dominion of Canada
727
$5,393,967
913
$9,005,140
The record of failures by quarters for the three quarters
of the last nint-teen years is as follows
The following statements of the public debt and Treasury
cash holdings of the United States are made np from official
•ee
$H8,716,(!63 74
Cash Balance i Reserve—
Total cash and reserve. .$801,414,162 8S
5tf
Aggregate United States... 9,183
80,
.
—
Import8.$44,314,039
Exports. 77,734,4»^2
Exports. 55,li60,334
Export8.209.827. 559
ExportB.iei. 498,336
Exports 73,798,920
Export8.121.17l,904
Imports 64,222,267
Exports. 48,130,029
Exports. 17,653.894
Exports 42,952,0^3
DBBT STATEJUJENT SEPTEMBER
6,871,46483
1,452.179 68
. .
Total gen. llabUltles..
each year back to 1875.
3 montht ending Sept. SO—
1876
Impon8.i22,618,827
1876
Exports. 27.170,679
1877
Exports, le, 8' 3,921
1878
Exports. 53.673,024
1879
Exports. 46,461,725
1880
Exports. 42,635,436
1881
Exports. 23.171,938
1882
Imports. 14,785,837
1883
Exports. 2,047.010
1884
Exports. 6,H98.0^9
1885
.Imports. 12.361,660
1886
Imports. 11,613,110
1887
Imports. 18,270,975
1888
imports. 28,108,404
1889
Imports. 13,561,121
1890
Imports. 35,372,172
1891
Eiports. 23,708.887
1892
Imports. 18.221,323
Exports. 46.696,522
1893
1894
Exports. 4,^42,16^
1895
Imports. 38,380,638
1896
Exports. 69,017,161
Exporte.lvO,521,440
1897
1898
...Exports. 9P,6i8 430
Exports.! 12.001,348
1899
Exports. 134,88 1, 71
1900
Exports. 11 1,430.1 80
1901
1902
Eiports. 69,1.^7.820
Exports. 45,570.835
1903
Exports. 68,(>85,922
1904
60,611,58834
First Quarter.
No.
Tears— Failures.
1886.
1887.
1888
Amount
—
of
3,007
2,948
1889
3,311
1890
3.223
1891
3,545
1892
3.384
1893
3.202
1894
4,304
1895
3,802
1896
4,031
l^-g?
3,932
1898
3,687
1899
2.772
1900.... 2,894
1901
3,385
1902
3,418
1908
8.200
1904
2,844
Second Quarter.
No.
32,161,762
38,884,789
42,972,516
37,852.968
42,167,631
39,284,349
47.338,300
64.137,333
47,813,683
57,425,135
48,007,911
32,946,505
27.152,031
33.0z2.573
31,703,486
88,731,758
34.344,433
48,066,721
—
Amount of
-
Third Quarter.
No.
—
AmoiuUof
Ijint)ililies.
Failures. Ltabtliliet,
1,953 $20,752,734
22.976,330
1,905
29,22i)..J70
2.211
2,292 22.,S.=)6,337
2,162 27.4(i6,416
2,529 .50,248,636
22,989.331
2,119
3,199 121,541.239
37,601,973
2,735
41,026,261
2.85.i
40,444,."147
2,995
2,889 43,(84,876
34,498,074
3.031
14.910,902
2.081
41. 721.^79
2,438
24,101,204
2.424
26.H4.1
»8
2,747
32,4 ^2, 837
2.428
3,870 81,424,188
1,932 ,$27,227,630
'3,022,566
1,938
22,114,254
2.361
2,276 30 227,045
2,196 35.452,436
2,754 4 4 ,,302, 494
1,984
18,659,236
4.015
82,469.821
2,868 29.411,196
2.792 32.167.179
3,757 73 285.349
25.601.188
2,881
2,540 25.10»,778
2.001
17.640.972
2.M9 27.119,996
2.324
24.758,172
2,511
25.032.634
34. '"68.595
2,548
2,969 82,168,296
Liabilities. Failures.
.3,203 $29,681,726
..
.
:
.
:
THE CHRONICLE.
]()20
[Vol, Lxxix.
gflonctnx\jl(EommcxcXci\.%nQlisU'S^txo& German demand
for gold is satiefied and ihat therefore very
the metal will be taken during the early future. It
believed also that Austria-Hangary will take little.
little of
is
[From oar own oorreflpundent.]
On
France clearly does not need gold.
the contrary her
London, Saturday, October 1, 1904.
bankers find it extremely difficult to employ all their balMarkets have been decidedly more active during the week, ances profitably. There Is some apprehension that
gold
and there has been a rise in almost every department. The may be shipped to the United States, an apprehension created
recovery is partly due to the advance in New York, but by the large Increase recently in the loans shown by
the
mainly to the belief that money will continue plentiful and returns of the Associated Banks and by the sharp decline
cheap for a considerable time to come. Indeed, the hope is
very generally entertained that it will not be necessary for
the
Bank
autumn.
England
of
to raise
Its
rate of
Yet the activity that has set in
fessional operators, the general public
Even the speculative buying
of
is
discount this
confined to pro-
still
American
holding aloof.
securities on
British account is not large.
The Continent, and especially Germany, la dealing on a
In Germany confidence oontinnes good,
greater scale.
though business was perhaps hardly as active this week as
Money has been in exceedingly strong demand. There
has been a great increase, as usual at the end of September,
in the circulation of the Imperial Bank of Germany, and
there has been a very large outflow of money to the interior.
In consequence Germany bought most of the gold ofifering
in the open market in London. It is believed, however, that
the German demand for gold is now satisfied, and that the
outflow of money from Berlin is at an end. In a very short
time money ought to begin to return from the interior.
Perhaps it is due to the rise in the value of money that business has been rather less active this week in Berlin. Still,
last.
the feeling is strong that the improvement will continue.
Trade is good. Confidence is general, and no fear is now entertained that other States will be drawn into the Far Eastern war.
In France there was rather a depressed feeling at the
beginning of the week. The French public is at last beginning to recognize that it is not so certain as was hitherto
believed in France that Russia will win in the long run.
Indeed, some of the newspapers have the courage to warn
the public that over-confidence in Russian victory ought not
to be entertained. Others again are pointing out that the
reverses are a serious reverse to France herself. Towards
the end of the week, however, a better tone prevailed, largely
due no doubt to the recovery in London and especially to
the improvement in South African gold shares. The general
expectation amongst the best informed in London is that
the improvement will continue if nothing occurs to revive
apprehension.
The Russian fleet has completely ceased interfering with
neutrals, and if it avoids disturbing neutral trade the public
will no doubt recover courage. But it is very improbable
that the rise in prices will be carried very far, for while the
war lasts nobody can foresee what may happen. It is reasonable to anticipate, however, that there will be steady investment. For a long time the public has invested very little,
apparently fearing that complications may occur. But if
Russian interferfence with neutral vessels does not re-commence, probably the public will come to the conclusion that
the fear of an extension of the war may be dismissed, and
that hence it is time to begin buying. In Germany investment is going on steadily and there is even a considerable
amount of speculation, especially in home railway securities,
industrial and banking.
In France there has been a fair amount of investment in
international securities, although not so much this week as
in previous weeks. It is noteworthy, however, that there
is a revival in France, especially in the South of France, in
electrical undertakings.
For many years there has been
exceedingly little new enterprise in France.
But now
capital Is being invested in new electrical ventures, eppeclally
in the production of electrical power by means of water. It
is hoped that electrical power so produced will enable the
mineral wealth of the South of France to be worked profitably.
The Bank
You are in a better position to judge
whether much gold will be required thaa any one in London
can be. But the best informed in London do not anticipate
that very much gold will be taken just now. At the same
time they are not altogether without apprehension that some
in the surplus reserve.
may
be taken later on. Still, the Bank Is so very strong that
could afford to lose a certain amount of gold without
serious Inconvenience. Most people in the city are hopeful
that the Bank will not need to raise its rate of discount above
3 per cent, although it is certain that gold will be wanted in
considerable amounts both for Egypt and for Argentina,
even if none goes to New York,
The Indian Council offered for tender on Wednesday 40
lacs, and the applications exceeded 286 lacs at prices ranging
from Is. 4d. to Is. 4 l-32d. per rupee. Applicants for bills at
Is. 4d. and for telegraphic transfers at Is. 4 l-32d. per rupee
were allotted about 14 per cent of the amounts applied for.
The following return shows the position of the Bank of
England, the Bank rate of dlsoouut, the price of consols, iScc,
compared with the last three years
it
1904.
Circulation
Public oeoosltg
Otner deposits
Government securities
England is very strong. According to the
return issued on Thursday its reserve is only slightly un
der 29 millions sterling, and as a considerable amount of
gold is coming from India, and will be sent into the Bank, it
expected that the reserve before long will reach 81 milJust for the moment the foreis;n exchanges
are turning against London. But it is believed that the
is
lions sterling,
1903.
1901.
Oct.
OCU
1.
i
t
(
28,401,895
8,404.465
29.439.260
8 2i5.rai
80.40 1. If 6
10,0^5.978
42,6u3,Si:6
16.82rt,080
4I.i-88.69a
4!j,49p.1u7
14,2^7,140
lfl,9i6,C5(J
OihtT necurities
25 4.'^P,2^6
28,969,4M8
Reserve of t Dies and coin
Com & bullion, both departm'ts 83,«8i,863
30,48.1.714
Sl.887.tia
28.tZ0.14U
33,hOM,390
44
4
23," 16,2^9
3o,6f,a.414
Prop, reserve to liabilities, p. c.
Bank rate
percent.
Consols, USi per cent
The
67J<
8
8h^
2613-16(1.
164.880,01.0
Silver..
Clearlng-House returns
* October a.
money have been
rates for
Bank
Sept.
2
9
"
"
"
r
16 8
23 8
80 3
2
ll-ie@2«
2
8-ie®»9^
6-ie®7-16
2
2H&i
2H&2
4
63 3 16
188,843,000
e26,27o,o00
InUrttt •iiPWMl
foriepotittbi
2
Montht. SMoi.
2
Join,
Stoch
Ha'tBt.
Dayg
Mot. Banki
SMdSH
»H
3
3®8>^
Biilt
4
18-16®8M
2%®8
2^®2M
ZH®iH
7-16
6-16
En&rlisli
Iradt
6
Am
as follows
Billi.
MontXt
8«,l57.t;2*
93 5-16
88 3-16
2--W-
09 tn Market Ratts.
i anonthi.
2.
80.546.876
10,874 5rtl
41./04 18»
1 -.02^,103
87.16^,440
26,S8o.i4»
»4
«
London
2%
9H
8
2Ji®8
£?<
3®8)<
2H
IH
m
Hi
11-16@?M •2H®iH
IH
Flnanelal Karkcts— Per CaMe.
daily closing quotations for securities, etc, at London
are reported by cable as follows for the week ending Oct. 14:
The
Sat
LOITDOIf.
oanoe
Sliver, per
d.
For account
26^
88%
SSBg
881^
93-00
87
Fr'ohrent08(liiPari8)fr.
8paiil8b 48
A.Daooiida Mining
5ifl
& Santa Fe.
Top.
Preferred
A.icti.
Baltimore
&
Chesapeake
8ei«
104
103
Ohio
Preferred
Caniidlan Paolfle
&
Ohio
9368
96i«
186
4&H
83
Preferred
S4i«
71«8
49
2d preferred
&
53
Preferred
40%
N. Y. Cent. & Hndson.. 132i«
N. Y. Ontario & West-. 3&'e
Norfolk
<fe
Western
Prt'ftirred
Northern Seoarltles
Pennsylvania...
74
95
116
2d preferred
Southern Paoltlc
Southern Rallw., oom..
68<>g
44
40
S4Bb
71Sk
I4714
132i«
141a
28
67%
e0>9
86%
6%
86%
AOU.
6138
33%
94%
96%
45%
171a
171
30%
84%
84 %
b4
71%
49>«
147%
131%
14%
28%
57%
71%
49
148%
132%
14%
115%
115%
68 '8
41
61
34
97
106%
97
96 1«
97
1888
1938
19%
77 le
78%
79 14
Wabash
20 >«
21
21%
42>s
44
68
68%
44
14b%
.33%
148%
132%
14%
89%
59%
14%
29%
69
TS'e
80
84%
33%
70%
186%
36%
6
86%
103%
94%
96%
135%
46%
17%
172%
84%
53%
7u%
48%
IS(»%
96
87%
44%
4,-.%
17%
172%
80
28%
67%
95
IO6I4
Price per share.
45%
17%
173
30%
84%
Preferred
*
6%
86%
104
135'8
Preferred
U. 8. Steel Corp., com..
Preferred
67
87%
94%
9b%
Jnlon Paolflo
"B"
FH.
87
136%
97i«
107ie
Debenture
5%
136
83 it
97
Preferred
86%
104
41
6868
37i«
Tkurs.
1031a
94ie
961a
133%
86%
74%
36ie
741a
W*d.
26iiie 269,,
26%
86»,e
88i«
88%
88%
888ie
88I4
8e%
88%
88%
97-90 97-87%
97-971* 98-10
41
44
>4
IVm.
133%
96
116
A
Reading*
Phlla.
let preferred*
45ifl
49
147
IlUnolB Central
Lt ulsvllle
NaehvlUe. 131
I4I9
Mexican Central
26
M(). Kan. & Xex., com..
Nat RR.of Mex.,l8tpf.
9m
9ei«
1363s
17
172
30
84
Ohio. Great Western... 17
Ohio. Mil. & St. Paul... 171
29
Den. &. Rio Or., com
Erie, oommon
l8t preferred
Jlfon.
26ifi
Oon8ol8.,Dew, 2i« p. ots
*
of
1903.
Sept. HO.
Sept. 28.
40%
86%
74
95
116
48
41
136%
36%
73%
96
117
69%
68%
69
37
So'e
86^
44%
40%
44%
40%
61%
34%
97%
108%
97
19%
79%
21%
43%
67%
44%
40%
60%
34%
61
84
9t>%
108
97
19%
79%
108%
97
20%
sotn
21
21
43%
67%
48%
67%
Oct.
THE CHRONICLE.
15, 1904. J
([^ommtvcml and pttscctlanc crtts^cws
Bane Notes— Changes in Total of, and in Deposited
Bonds, Etc.— We give below tables which show all tLe
monthly changes in Bank Notes and in Bonds and Legal
Tenders on Deposit. The statement for Sept., 1903, will be
found in the Chboniole of Oct. 24. 1903. page 12^^9.
Bond! and
Oirenlation Afloat Under
Legal Tender » on Depo$ii
for Bank Circulation
1903-04.
Legal-
Bonds.
Legal-
Bonds.
tenders,
ten
Total.
It rs.
Government kevenue and Expenditures.— Through
422,014,715
417.380,300
415.025.156
412,759,449
424,701.490 34,064,693
Sept
Aug. 31.. 419,683,940 35,186,478
July 31.. 417,577,550 35.181,732
June 30., 416,016,690 36,475,646
May 31.. 410,572,640 38,7(9,531
4.pr. 30.. 899,795,140 39,277,792
Mar. 31.. 398,034,650 39,309,708
Feb. 29.. 392,671,.')50 39,971,819
JML 31.. 390,231,600 39,199,896
Deo. 81. 389,335,680 37,889,395
Nov. 30.. 384,625,930 38,088,495
Oet 31.. 382.726,830 38,969,862
30..
407,279,' 34
397,802,781
396,600.234
390,852,49
387,657,731
387,273,623
383,018,484
380,650,821
34,064,693
35,136,473
35.181.732
36,475,616
38,709.531
39,277,792
89,309,708
39,971,819
39,199,896
37,889,895
38.088,495
38.959,862
/
O O
SO
son
M. .—
4 50,206.888
449,235,095
445,988,565
437,080,573
484,909,942
430,324,310
426,857,627
425.163,018
421,106,979
419.610.683
explanation of the above table see Chronicle
page 1282, first item in Financial Situation.
The following ahows the amount of each class of bonds
held against national bank circulation and to secure public
moneys in national oank depositories on September 30.
For
full
14, 1901,
a. S.
Bonds Held
Sept. 30,
Bonds on Deposit
Sept. 30, 1904.
1904,
Public Deposits
Bank
%n Banks.
Oirculalion.
z *
:
«
:
:
:
:
•
CO*
»o OO
U5°
cnoo QDtS
OS!
cow
boe boD
ODO
taco
WW
— TO boo
oiai
'eo'cD
OI-"
OIOO "-"co
esoD
Htu
9100.000
8,546,760
9.901,050
7,217,500
79,183,050
1,872,000
2,971,600
2,506,000
1,072,000
2.022.000
Btate&City
PhlUppIne lel'd CertiTe
Hawaiian Island bonds.
Philippine Loan
Total
$115,391,850
,
>
1,872,000
2,971,50
2,506,000
1,072,000
2,022,000
—
OS
.
MM
MO
l»
«O
bCO
CO
•J
"•
M
OCD
-IB
10
-jb
t-'CO
jJjJ
It.-
<i
Ta
$424,701,490 $540,093,340
ow
OlC
M MO »JOM
w'aj ijilkb V
a oowao«7ciico
-1 .3 A. CO go o
O mS-jJVI©
O—
JOCK
in tht
New York
Sub-Treasury against deposits in banks. There
were so held on Sept. 30 $7,081,000 bonds, making the
whole amount at that date in possession of the Government
l^>1
coco
a>*oia>)ce9
-I
ooje
«ao_*.
08
CE
10
00 CO CO
mIo (0
«>o«
VW
M
p ao^-'O)
b »»
oob oob
WOdOiCk
CO
1».
-I
OO
00
o>
1^
njfeO
bM
itk
Ol
O
M
1
MO
a«oi
a:(»<i**>.»
00
b»
i
o'Toooib CO
b
OO
1
OOCP
05-3
GC
-3
OtSJCOOtOlO
I»
to to
piOM
OD
t; u
•—
b^ r
MO®
M
b"
to
<l-««0
OCODX
lb
lb
—
-jeco
bie'ib*
aocOO
".J
00
klOM
CkQOtO
bStO
MCO
»«00
M oaos
-
cc
»
WmCO
OICOM
o^o.
MIO
b•3
ico
OOOM
CTCOOI
\
-c
-I
CDOI09
b ^-bb*
1
OOCTOI
00
O OM
OIO.O
1
OCO
lb.
*.«)p
i^m"^
to
to
b<kb«B
o
M
00 09*1
lu
00
OI
1
1
1
JOOOI
00
as
V tebocVboi
OT T.OO<D
o M«eoooi<io>
at
CO
*.o
MtO
'
yanne of
iPer
Ootitj(iny.
1
0D» lb
-ts
b
o
03»N
O-IM
ee
CD-J«J
lb
Mto
00 COCO
lb
OS
— b«e*»
CO
«k
cooco
#.MOI
•JibCO
COM
lb.
-.
00-30
a»Mo«
o
o tcoi
M b-co*
OSOib
M
Grand
Rapiils
New
<&
When
oooac
v-cco
Books Closed,
(Days Inclusive.)
{Cent Payable
Railroads (Steam).
Nov 1 Oct
IH Oct 26 Oct
Jersey (quar.)....
Indiana
16
Oct 26
to
to
to
Oct .11
Oct 26
Oct 18
to
Oct 19
2
^\ Nov
Gr^at, Northern pref (quar.)
Gnlf
8hlp laid., com. (quar.) (N6. 7)
Rock Island Co.. pref (quar.)
*
3,562,635
—
H»
.-MM
«K> ^00O»
jp.
M bb «"%• 'Vi.'m
at
«D
» •lOIOIA
OC>l«]*il^l»
^^>-'
M
0>
M MCOMCOi^O
"bs
ao'.i'^b''-i'^
» cscoaootooo
'0.00
-J
OKI
M
M «®
O
1
COQCib
JO 00 to
— 10
M
leb ooo'ik'^
li^
?
coaco
—
» MOO CO
00
bwM'*
O ooaiM
COM -•
r(k
OlOM
*.
-» .a
*«C«5
obVi**
«
OI
boo'-j
MO«
c»a»Moi.j«k
00 4k
OO
COOIOD
r>
K)00
M to
JODO
MM
»ooeo
-
r
00
i<^
OI
Mto
•JOOMOVl*
1
Central RR. of
$6,436,067
2,873,432
VCO
OO
M
— CO M 00 OO »
bto bbco—
'^ —
CCU«. -SOSCB
O o *. J CO *.
1CO
00
W jJT0«3
"».
ifrbo^ebV
-) » oi M M oa
00
M 05^«aD(»
-B
—
00
M-i 0600-O
00
o ^1^X01 C9a
M '-i(kifc.bboi
O K o — — -o
10
o CO<S00MOI<k
I
D1TI0BNDS.
of September.
$462,516,773
ci<a«i
c;i
and their increase or decrease during the
Kational Bank Soces— Total afloat—
Amount afloat Sept. 1, 1904.
Amount Issued during September
Amount retired during September....
oc
tc lU an CO OI CO
es«
1 m"^
bto
o
OI
0»O*.aDOM
e-]OcCr(^0
b:
:
rOI b <*.—
CBOXO
ocpo_<k
•I3>00
coe»0D
OipM
oobM
MM5C
M
M
— WJ»M
to 00 oBbbM
—»oo
oi"-^1j
bbb
as<i-i-joioo
OD
00
to
CO
M.JC0.300I
<c
OB
—
"co
s
NOOOSO
<ib"-o'io
o
CB
-J COMflO
at 00 cc .1 as us
a>
-
'
NoTK.— Total dlsbnrsements under "Civil and Ml8oellan«ou8 " in
1904 Includes $°i4 600,000 paid on account of Panama Canal and
loan to Loniglana Purchase Exposition Oompa ny.
The following shows the amount of national bank notes
afloat and the amount of the legal-tender deposits Sept. 1
month
en
b'^b'-ooo'co
<otii=>a»o»o
OD
•a
as security for deposits |122,472,850.
1,
MCOj-jO^OO
b
M
1
MSB
to
OMOWOO
ifrbboo»»'*-i
•
00
00 ts C» -I o o
OD
CAOaaOKD*]
\
M03
ton.-
b
c»
co^oo-<«e
1
loto
*p OD«a«
-1 b'tob
MM
Ol-30<-)0
.
00
"co
a
M CO^^— W «JO
oewboobK)
MMOBO
l»
M
-d
M
QDM d'Vj'oaa
'jt
S:
i
>-
O
:
cecoooDW*
CUB.
CO 33 03 CO
OiQD
and Oct.
CO
Bh
»a>:
P m•
?
*
.
-
!l
o
coa
)
The foregoing does not include the bonds held
,
»^
CD
O
CO-
$100,000
13,523,750
11,6J2,150
9,280,440
495,053,50
$4,977,000
1,791.100
2,062,940
415,870,450
2, OS
tarn
"ceb
Sp.ot8., 1894, dne 1904
4 per ots., funded 1907.
4 p. ots., 1895, due 1925
3 p. ote.,'98, due 1908-18
2 p. ots., 1900 due 1930.
8-658 Dlst. Col., 1924...
cots
OI
fotai
Oi
<
£.3°''
o S.
M «
o ••
B :
SI
'^
o
2
srS
:
:
Kl"cO
MM
to Seetcte-
a
Gi
"I
—
H »
::g
:
o 2
•
o-
OOH
OO Wi^H
«*•::?
8>
II•
la
rCfO
g
1 " » vd
» o P
r*
2°
w
s
456.079,408
452..'S16.773
the
From previous returns we obtain the figures for previous
months, and in that manner complete the statement for
the nine months of the oalendar years 1904 and 19 J3. For
statement of Sept. ,1903, see Chronicle Oct. 17, 1903, page 12C6.
BBCBIPTS AND DISBUBSBMBNT8 (000 >aiiLtud
o
SO
50
Z
S
S
00 !«»
2S
^* Jl
—
O
.3
J- a aH
a
S|S?^
^§22
« S: " M v*
£5 » 1
o o —<
ffo-
9
9
9
1621
jourtesy of the Secretary of the Treasury, we are enabled to
;)iace before our readers to-day the details of Government
receipts and disbursements for the month of September.
2.
Dec.
»*
•
M
>
1
Oct
1
Nov
1V»
Oct
1
Ifl
Nov
1
16
1
Street Railways.
Amount bank notes afloat Oct.
1
1904.
,
$546,079,408
Central Traction, filtsburgh
CnliimbUB (O.) Ry pref (guar.)
Consol Traction, PlttstjurRh. pref
,
Legal Tender Notes—
Amount on deposit to redeem national
bank notes Sept. 1, 1904
Amount deposited darlnfi: September
Amt. of banknotes redeemed in September
Amount on deposit
bank notesOot.
1,
to
$35,136,473
$811,178
.
Dartmouth <fe Westport (guar.)
Ouqnesne Traction, Pittsburgh
Georgia Ry & Elec, Atlanta, pref.(qa )
Grand Rapids Ry pref (quar.)
Milwaukee Klec Ry. <& L., pref. (qnar.)
Pittsburgh Traction
Third Avenue RR N. Y (qnar )
United Eleo. L & P.. Baltimore, pref.
United Trac Albany, N. Y. (quar.)...
Miscellaneons.
Chicago Edison (ijuar.)
International Power, pref
Internal. Smokeless P. & Chem., pref.
Municipal Gas, Albany. N. Y. (qnar.)..
Pao. Coast, com.. Ist pf. A 2d pf. (qn.).
Pullman Company, quar
...
Railway Equip. Corp (mthly) (No. 77)
Rogers Locomotive Woiks, com (qu ).
do
do
do
pref. (qn.)
United Electric Securities, pref
Worthlngton. Henry R.. pref
.
1,071,780
1,882,958
redeem national
,
$34 064 693
1904
.
The portion of
legal tenders deposited (1)
by banks becom
ing insolvent, (2) by oanks going into voluntary liquidation,
and (3) by banks reducing or retiring their circulation,
was as follows on the first of each of the last five months.
Ltgal Tend's.
June
1.
July
Aug.
1.
1.
Sept. 1.
Oct.
I.
Deposits by—
Insolv'ntbks.
$
$
$
9
9
17),133
814,795
254.765
211,923
238,953
t.lquld'K bks, 11,865,131 11,998,496 12,577,723 12,138,889 12,166.644
Bed'o'gnnd.*
»otofl874. 26,629,605 24,227,396 22,365,050 22,785,661 21,728,916
Total..-. 38.709.581 86,476.646 35.181.782 8.^.136 47
34.061.693
*Aotot June20, 1874. and July 12. 1882.
Stock of Money in Country.—The following table
shows the general stock of money in the country, as well ae
the holdings by the Treasury, and the amount in circulation
on the dates given. The statement for Sept. 1, 1904, will be
found in the Chronicle of Sept, 24, 1904, page 1246.
/-Stockot
Mnnm Oet. 1.—
.-Money in Oirculation.-
1904.
Beldin
IntheUnxttd
•
C
ek>1dOOlIl(tn0.bnrnlnTreat.)1.361.4&5.9P8 9t8.098,9ea
Oold certlfloateg
Blandard Bllver dollari
Bllyer
668.8M,023
14,710,908
oertlflciitos
Subsidiary illrer
110,300.811
Treasury noleii of 1890
11.666.000
Dnited States notei
84e.H«1.018
Cnrr'oycert., Act Jnne 8,'7a.
National bank notes
4B6,079.4''8
ToUl
3,886
38>t,7.14
fopnlatlon of the United States Oct.
atlon per capita, tsl
16.
Oct.
2rea»urv.
8tate$.
11.460,297
lOh.bOl
9.760,«8
1.
1904.
(
011.844 868
486.&I3.I3H
Oct. I.
1903.
t
632.560.984
894. w7,fl69
7«.00ii,«50
7fi,i>.'jP.)HM
4fl«.139--7fl
924,768
46«,Ba.!,a fl
«4.Mrt7,iO<
17.a8fi,-0H
83i.878,7t)H
142.037.487
404.00&.en8
98840017
U.H(10,01'9
88(»
278.184,246 3,662,149.489 8.404,617,(68
1901. estimated at b2.214.<kK); oiron
2
Oct
Oct
Oct
\^ Nov
I'll Nov
8 "a Oct
li^lQct
Nov
W Nov
2>a
81 Holders of rec. Oct 20
1
1
1
1
Holders of
Holders of
rec.
Oct 16
rec. Oct. V
to
Oct 16
Holders of rec. Oct 20
16 Oct 14
,S1
lo
20|Oct 6
Oct SO
1 Holders of rec. Oct 18
to
Nov 1
1 Oct 21
») Holders of rec. Oct 20
to
Oct 81
31 Oct 14
to
Nov 1
2 Oct 26
to
Nov 1
1 Oct 22
Nov
Deo
4
2Hj
l"*
2
Oct 14
Holders
Oct 26
Oct 19
Holders
Nov
Nov
Nov
Nov
14 Oct
Is Nov
IV.
50
;3
to
of rec.
to
to
of rec.
Oct 16
to
Oct 16
to
Holders of rec.
Oct 21
to
Nov
Nov
Nov
& Son
Dec
a
Oct 31
Nov
1
Oct 81
Oct 31
Nov
Nov
1
1
Oct 20
Nov
1
:
Stocks.
stocks.
75 Tarrytown Nat. Bank. ..152
50 Hndaon Tr. Co., Hoboken. N.J
4S5
200 Otis Elevator Co. com.. 37»«
10 Utloa Tr. <fe Dep. Oo
260
20 Niagara Fire Ins C0....328
300 Kast Rlv. Nat Bank....l68'fl
10 Title Guar. &. Trust Co. .650iii
10 Consol. Nat. Bank
150
100 Plnelawn Cemetery.
$20 Wi per share
50 Peoria A Bureau Valley
RR. 8s guar
205»«
40 Imp & Traders' Nat. Bk..594
25 Nrtssan Tiust Oo
2.S.">
8.10
80 Home Ins. Co
70 Realty AsaoolateR.187»«-187i9
2^ Fourth Nat. Bank
223
30 Stevens Mfg. Oo
1
eoOOolorsne told Mln. A $100
MlU.Oo of Union. N.n. f lot.
..$^ eachj
87.^
5 Morton Trust Co
100 Commonwealth Tr. Oo. 50 >a
,
1.
a
Nov
Nov
Auction Sales— By Messrs, Adrian H. Mnller
i
14,061,921
3
.
10 Windsor Trust Co
853 War Eagle Con Mln.
Oo, pref
1,800
$.'^Oea.
War Eagle C n Mln.
com
S">0 fa
750 Con Lake 8np. Co
197\
)
($5,000
f
lot.
)
pref.
(Fidelity Tr. Co. reo'ts),
all assess' ts paid
2,400 Con.Lake Hup. Co. com.
lO'^a
(Fidelity Tr. Co. reo'ts).
all asseas'ts paid
Ce
.250
50 North Amer. Tr Co
2.% Internat. Banking Corp. ITS
of
(^niumeroe,231\
25 Nat. Bank
Honds.
Oert. Tr. Oo.of the Repuh.for
»2.'S,000 U 8. Stilpl>'d'gOo.
Ist As, B. f,. Series A. it>3'2.
S5,O00 Ohio. Peo.A
inc.
5s.
I'lSo
St.
T..
»216
RR.
lot
(First Nat.
Bank of N Y. oerts.)
16
•40.000 Mich. Lake Sup Pow.
65
Oo. 1st 5s, 1949
6
.
THE CHRONICLE.
1622
City Cleurin^ House BttiikB.—Statement of
week ending Oct. H, I'JUl, based on aver-
New York
oonditioii for the
age of daily results.
We omit two eiphert (OU) in
BANKS.
Capital
surplxu.
New York
City, Uosion and Philadelphia BankH.— Below
of tlie weekly returns of the Clearing House
Banks of New York City, Boston and Philadelphia. The New
York figures do not include results lor non-member banks.
is
a
summary
all eatti.
Sped*.
Loant.
Legalt.
H'«
t
Deposits Re.
[Vol. Lxxtx.
Capital A
BA.VKt>
Surplus.
omit two ciphers
lAjam.
fCHJj in all these flyures.
Ctreu-
De-
Specie.
legale.
257,022,2
251, 907,;.
244,307,1
237,503,6
7S,382,
77,804,3
78,745.0
76,452,4
lalion.
CUarinffS.
12242060
12140-31
12127071
12052760
40,107,3
40,710,2
40.576,0
41,791,0
1.410,637,9
1,199,072,9
1.353,708.1
1.713.612.8
16.226.0
16,823,0
5,885.0 218.178,0
5,690,0 218,019,0
:6,'208,0
5,22'J,0 '221,329,0
7.414.0
7,386,0
7,428.0
111.363,4
113.373,2
136,333,3
posits.
\
I've.
N. V.
*
$
«
Y
2,000,0
Manlmt. Co
MerchaiitM'
•-',050,0
J,lllM),0
MuoUauica'.
:t.
0(10,0
:',,28l,5
Aiuunca
Phoenix
1,500,0
1,000,0
3,656,4
25, 000,0
;!Oo,o
(ioo.o
17,657,2
7,601,6
35S,7
2,202,7
123,0
357,7
530, (>
4,271,8
11,873,1
4,361.5
625,0
1,087,6
408, y
2,035,2
6,645,1
1,062,1
616,8
321,4
1,297,3
35y,7
3,318.5
1,058,3
6,605,2
7,064,2
133,0
2,943,3
1,426,6
Bk. Of N.
...
Oily
Clu'inioal
..
Merch. K\
.
Uallatin....
Bur<fc J)rov
Mech.<fcTra.
Greenwich
Amer.Kxch.
Oommerce..
.
Mercantile
Pacific
Uhathaiu
...
...
People's
N. America
Hanover
...
Irving
Citizens"
..
Nassau
Mar.<fc Fult.
Shoe&Lthr.
Corn Exch
.
Oriental
Imp.
...
& Trail
Park
East River
ITourth
Second
First
N.Y.Nt.Ex.
Bowery
...
N. V. Co,..
German
Am
Chase
Ave..
Filth
German Ex.
Germania
..
Lincoln
GarUelil....
Filth
Bk. otMet..
West
Side..
Seaboard
..
letN.Bklyu
Liberty
N. Y.Pr.Ex
New
Amst.
Aetor
Total
...
1.000,0
HOO.O
700,0
500,0
5.000.0
25,000,0
3,000,0
422,7
450,0
200,0
2,000,0
3,000,0
1,000,0
2,550,0
500,0
1,000,0
1.000,0
2,000,0
750,0
1,500,0
3,000,0
250,0
3,000,0
300,0
10,000,0
1,000,0
250,0
200,0
750,0
1,000,0
100,0
200,0
200,0
300,0
1,000,0
250,0
1,000,0
200,0
500,0
300,0
1,000,0
1,000,0
600,0
350,0
2,522,8
2,416,6
l,3(i4,7
250..'
13,'J3-,7
869,1
773,4
667,9
517,3
4,034,2
1,785,4
682,7
878,3
l,37u,2
1,284,1
379,2
1,456,3
628.9
1,409,6
601,1
1,932,4
618,3
554,7
572,6
«
«
20.560,0
26.940,0
17,772,4
23,715.0
26,762,9
3.305,0
190,131,8
25,051.1
5,805.4
9,069.8
2,232,3
4,600,0
2,571,0
30.597,4
167,027,5
24,'j22,9
3,074,1
6.134,4
2,172,9
16,754,9
52,194,2
6,922.0
16,320,2
2,665,6
6,823,2
7,446,1
28.597,0
7.734,1
24,825,0
76,835,0
1,140,9
21.927,0
9.517.0
111,617,3
7.800,0
3,099,0
4,557.9
3,794,-5
48,350,8
9,483,1
2,733,5
2,7H3,3
12,037,5
7,636,8
2,6U4,0
8,241,7
3,563,0
16,299,0
4,110,0
11,466,3
5,399,9
6,007,2
4,670,0
1,805,0
2.344.0
1,341,0
1.629,0
2,188,7
3,403.0
y,143,(t
4.115,8
5,189,0
7,08'.t.5
215.0
654,0
40,956.8
8.475,0
1,810,9
661,8
654.7
44,9
6,13(5.7
1,287,3
1,275,9
532,6
722,0
582,6
7,101.1
2,180.2
5,010,0
2,701,0
2o-;
26-4
23,379.b
166,738,6
22,383.2
3,785.6
6,224,7
2,574,7
16.805,5
64,570.9
6,567,0
20,163,6
3,089,2
6,947,4
9,044,6
34,846,0
7,824,8
22,398,0
88,820,0
1,285,5
24,723,0
10.198,0
113,663,0
7,174,6
3,475,0
5,496,3
3,666,9
58.058,3
10,402,5
3,336,0
5,682,8
12,764,2
7,989,6
2,624,5
9,499,5
4,020,0
17,834,0
4,429,0
10,3b9,6
5,824,4
7,233,1
4,400,0
24-6
24-9
25-9
481.0
477,2
3,999.1
1,758,5
26.542,4 12,686.0
4,.o66,4
1,262,5
370.2
490,9
7 97,9
839,0
339,0
308,6
2,090,2 1,770,7
13,458,2 3,580,9
362,7
1,332,6
3,916,5 1,433,3
222,4
467.1
687,5
1,334,6
390,3
1,970,3
4.575,0 4,028,0
325.6
1,565,9
4,301,0 1,297,0
17,973,0 6,446,0
201,0
163,3
4,304,4 1,975,9
1,122.0 1,362,0
26,662,3 2,078,6
494,1
1,340,0
403,0
338,0
866,0
432,9
697,0
198,3
12,944,9 1,909,6
207,8
2,482,3
205,0
602,0
429,7 1,067,3
1,000,1 2,102,9
312,2
1,849,8
142,2
494,2
384,4
1,826,2
337,0
636,0
2,850,0 1,540,0
641,0
806,0
2,599,3
249,0
1.132,4
314.0
588,4
1,244,7
835,0
205,0
F.C.
«
20,477,0 268
ii5, 016.0 32-8
21,(590,2 25 1
25,696,0 26-6
31,672,7 29 2
2,896,0 300
189,663.6 26-0
25,440,0 31-2
6,531,1 28-3
24
39 2
227
26-2
261
244
26-4
25-8
26-6
22-3
2V-6
261
24-7
24-1
24-9
26-3
28-3
25-3
24-3
2o-2
26-5
21-3
23-6
24-4
25-5
2o-8
24 1
26-2
24-3
27-0
24-2
23-2
24-2
24-6
32 6
27-4
24-8
2o-3
23-6
115,972,7 134,643,5 11459892 237,503,6 76,452,4 12052760 26*0
t
t
Total United States deposits included, $23,218,500.
—
Reports of Non-Member Banks. The following is the
statement of condition of the non-member banks for the
week ending Oct. 8, 1904, based on average of daily results.
We omit two ciphers COO) in all cases.
,
BANKS.
Capi-
OOs omitted.
tal.
plus.
Jnveat-
Specie.
ments.
Leg.
»
Sep 17 '260.616.2 1 1409588
Sep 24 '250.01 (i,2 11386018
(Jet
1 250.016,2 11430339
Oct 8 260,616,2 : 1459892
Uos.
Sep '24 62,635,4 175,167,0
Oct 1 6'2,636,4 175.998,0
Oct 8 62,636,4 176,342,0
Pliila.
Sep 24 48,167,1 204.064,0
264,053,0 11,323,0 108,356,5
73,828.0
25H,024.O 11,311.0 106,70f?,T
Oct 1 48,167,1 206.510.0
73,746,0
Oct 8 48,167,1 207,039,0
72,231,0
267,384,0 11,447,0 128,965,0
t Including for Boston and Plulatlelphla the Item "due toother banltn,"
and also Government dejjosits. For Boston these Government deposit*
amounted on Oct. 8 to $3,754,000 on Oct. 1 to $3,787,0oo.
;
—
Imports and Exports for the Week. The following are
the imports at New York for the week ending for dry goods
Oct. 6 and for the week ending for general merchandise
Oct. 7 also totals since beginning first week January.
;
FOREIGN IMPORTS.
Tor week.
Since Jan.
1901.
$2,331,454
10,220,132
$2,149,160
8,477,559
$2,319,910
8.270,790
$12,551,586
$10,626,719
$10,590,700
$10,337,263
$93,272,742 $103,328,603
360,767,369 353.882,944
$96,673,651
$82,711,943
345,011,985
General Merchandise
Total
1902.
1903.
1904.
Dry Goods.
$2,249,674
8,087.689
1.
Dry Goods
General Merchandise
Total 40 weeks
3.34,711,980
$464,040,111 $457,211,547 $431,385,631 $427,723,928
of dry goods for one week later will be f otmd
dry gcxxls trade.
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.
The imports
in our report of the
EXPORTS FROM
For the week
Previously reported..
Total 40 weeks
NEW YORK FOR THE WEEK.
1904.
1903.
1902.
$12,692,715
362,304,302
$12,727,455
374,932,351
$11,527,177
361,913,569
1901.
$9,725,643
398.54a959
$374,9'j7,017 $387,659,806 $373,440,746 $408,274,603
Note.— As the figures of exports as reported by the New York Custom
House from week to week frequently show divergence from the monthly
compiled by the Custom House, we shall from time to time adjust
the totals by adding to or deducting from the amount "previously reported."
The folloAiving table shows the exports and imports of
specie at the port of New York for the week ending Oct. 8
and since Jan. 1, 1904, and for the corresponding periods in
1903 and 1902.
totals, also
EXPORTS AND IMPORTS OF SPECIE AT
NEW YORK
Deposit with
i*.
iScBank CUar'g
Notes.
Other Deposits
Agent. Bks.&c
N. Y. CITY.
Borougli^o/
Man&Br'nx
$
$
100,0
243,1
291,8
300,0
14th Street.
116,7
100,0
Gansevoort.
200,0
81,9
Uamiltou .. 200,0 123,3
Mt. Morns
118,9
250,0
Mutual .... 200,0 193,0
19th Ward
195,8
200.0
Plaza
246,0
100,0
Riverside ..
106,6
100,0
State
682,2
100,0
12th Ward .
114,3
200,0
23d Ward..
105,4
100,0
YorkviUe .. 100,0 285,3
Fidelity ....
122,5
200,0
Jellersou ..
304,0
400,0
Century ...
63,3
100,0
Wash. Uijt.s 100,0 135,2
Uuited Nat. 1.000.0 130,2
Consol. Nat. 1,000,0 1,129,9
TTnion Ezefa
517,4
750,0
Colonial
Columbia
..
.
Borough
'2,692,4
1,703,3
2,990,0
1,224,5
7,927,0
1,618,0
1,469,7
$
54,0
256.0
83,3
21,2
137,0
129,7
21,2
38,1
165,0
15,3
842,9
604,0
44,0
60,7
28.0
11,2
2,1-29,3
6,8
706,7
618,8
2,181,0
3,859,8
4,764,1
26,4
12,9
222,5
361,6
124,0
1,918,2
$
175,5
156,0
86,1
141,7
163,1
98,2
236,4
169,1
152,0
108,8
264,0
232,0
175.5
296,8
51,4
77,3
28,9
25.4
62,8
44.1
213,6
$
345,1
437,0
244,7
16'2,9
316.6
332,6
155,3
591,3
414,0
86,0
21'.',0
$
631,2
3,5
98,3
70,9
175,0
55,6
55,6
314.6
.
231,1
709,0
257,0
355,1
383,3
71,0
261,1
34,2
176,5
71,8
518,0
489.3
$
3,117,0
5,226,0
2,239,0
2,217,5
3,648,2
3,010,7
2,785,1
2,504,3
3,375,7
1,453,1
9,052,0
'2,177,0
310,1
230,0
6.2
32.1
125,0
233.3
2,270,2
2,50'2,4
838,7
2,104,9
694,4
582,2
1.276,1
2,619.2
4.94'i,8
ol
Brooklyn.
Broatlway .
Brooklyn ..
Utrs.'Nat..
Mechanics'
Mercliauls'.
Nassau Nat
Nat. City
..
North Side.
Peoples
17th Ward
.
SpranueNat
tfniou
Wallabout
Borough
$
2,261.6
4,937,0
1,867,5
1,971,3
3,085,5
2,279,7
.
...
150,0
300,0
252,0
600,0
100,0
300,0
300,0
100,0
100,0
100,0
200,0
200,0
100,0
200,0
337,0
161,3
581.6
407,2
63,3
741,5
589,9
162,2
184,7
89,6
233,8
116,0
84,4
91,8
2,220,8
15,5
l,(iC0.8
63,2
327,6
207,2
11,2
200,0
146.0
17,6
78,0
100,0
110,8
741,1
54,4
400,0 1,057,6
3,698.9
201,5
260,0
260,0
200,0
651,8
261,1
292,3
2,248,5
l,24ai)
1,404,0
77,5
67.1
42,8
69,7
110,0
126,0
530.8
165,0
2,100.9
1,217,6
157,9
48,5
3,191,0
7,222,9
1,183,1
5,361.0
3,302,0
1,299,2
1,380.3
640,4
1,183,0
1,125,6
771.6
1,663,4
12,1
132,0
44,2
48,4
25,8
209, (5
601,3
114,6
472,4
87,7
725,5
644,6 1, '259,3
95,4
212,9
381,0 1,053,0
387,0
631,0
80,6
38,8
134,1
320.6
64,4
115,3
21.0
309,0
88.5
130.7
24,1
60,8
101,2
114,1
22,3
50,'.t
72,0
3(3,6
320,0
115,6
155,1
127,9
30,0
461.0
197,0
65.0
2.698,7
2,068,7
4,060,8
9,280,3
1,408,6
6,044,0
4,239,0
—See page preceding.
1,3.<2,6
785,9
1,392,0
1,537.6
Spencer Trask
9-^3.o
&
Co.
Monthly Descriptive List of High-Grade
1,770,3
INVESTMENT BONDS.
I.
10,0
353,7
936,4
/ERSICYCITY
First Nat...
Hudson
Auction Sales.
1,863,2
Borouiih oj
Rich iiiond.
1st Nat., b.
Of the above imports for the week in 1904, S68,000 were
American gold coin and $4,089 American silver coin. Of the
exports during the same time, $16,400 were American gold
com and $
were Americjan silver coin.
314,6 2,066,0 2.176.S
7,784,6
273,0
113,8
'.'6,0
193,1
22,2
72,7
526,6
4.9
), 983.7
1,117.9
1,803,4
57,4
38,3
209,2
40,9
990,4
2,969,6
63,8
1,18-2,4
Co.
National
Becoud Nat.
Third Nat..
.
Transact a a;eneral banking business and execute
stock and bond orcers upon the
New York Stock Exchange.
Branch Omce, Albany, N.Y.
Moffat
HOBOKKN.
First Nat...
beoond Nat.
'Williaiu
&
and Pine
Sts.,
New
h te
^A/^
i
members New York 8tock ExchanKe,
1 NASSAU STREET. CORNER WALL,
jDealcrs tn luvestiuent Securities.
Tot. Oct 8 101370 122186 97.918,3 4,291.3 5.961,2 155'294 8,300,0 1168460
5,74!t.2 141940 7,060,1 1112210
Tot. Oct 1 101370 122185 96,919,0 4.306
Tot. Sep 24 101370 122185 96,556,3 4,3z4,0 5.689.3 137434 7,395,9 1106396
ToU
582C«6821 CortlandU
York^
,
Telephone Stoeka a Speoialty.
,
Oct.
THE CHRONICLE.
15, 1904.]
For Dividends tee page
The transactions
in railway bonds have bten on a large
aggregating $6,605,000 par value on Thursday. They
were nearly $8,000,000 to-day, and throughout the week have
included a larger number of issues than usual.
^K^tiU.
ianlijers^
1623
scale,
i6ii.
WALL. STREET, FRIDAY, OCT. 14, 1B04.-3 P. M.
TheMonpy Market and PinaneJalSttnation.— The security
markets have broadened again this week. The number and
par value of bonds traded in are exceptionally largp, and a
for many railway and industrial
shares heretofore inactive. The volume of business in the
shares department has, however, been much smaller in the
aggregate than last week. This is largely owing to the fact
that there have been no such movements as were then
noted in the case of St. Paul and some other issues.
The tendency towards higher prices has continued throughout the week and was especially pronounced to-day. It was
stimulated early in the week by the Government crop report
and has been augmented later by favorable information
from other sources relative to the same matter.
It is reported that wheat is moving forward to market
earlier in the season than usual, which might be expected
in view of current quotations for that cereal; but if toe
Government estimates are correct, tbere will be only a
limited surplus for export. It is also reported that the crop
is being marketed wich funds supplied more largely than
usual by the country banks. However that may be, the
New York money market remains, as heretofore reported
unusually easy for the season, and with a tendency to lower
rates at the close on expectation of a favorable bank statement to-morrow. The European money markets are firmer,
with a decided advance in rates, first announced at Berlin.
Tne open market rates tor oall loans on the Htoob i2;xunange
darlnK the week on stock and bond oollaterals have ranged
irom 1% to 2J^ p. c. To-day's rates on call were 1^^ to 2
Prime oommerolal paper quoted at 43^@4^ p. o. tor
p. 0.
endorsements and 4i^@5 p. c. for best single names.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £852,393 and the percentage of reserve to liabilities was 54 90. against 58 20 last week,
tbe discount rate remaining unchanged at 3 per cent. The
Bank of France shows a decrease of 10,750,000 francs in
gold and 8,850,000 franos In silver.
HEW TORK OITT OLBARINO-HOUBB BANKS.
United States Bonds,— Sales of Government bonds at
the Board are limited to $6,000 3s, coup., 1908-18 at lOSJ^' to
1053^. The following are the daily closing quotations; tor
y tarty range see thtra page following:
demand has sprung up
Diff*r*ne*t
1904
8
ims
/rom
Oct.
%
116,972,700
134,643.600
XitMuas A diaooants 1,148,989,200
OirenlatioD. .......
41.79 1,000
Net deposits
l,2O6,2"6 00O
Bpeoie
287,603 600
Iiegal teadera
76,462,400
Oct
$
lno"2,966'.300
IMO 1,216,000
Oct.
9
116 672,700
129 874 30<
913 101,600
OkpitaJ
Barpina
Deo 7,521.100
Deo 6,8-*8,600
IH02
11
1
t
100 672 700
117 667,900
874,647,900
36 072 600
872.840,600
162.838,200
67,274 800
46,714,8 M
897.615,1)0
I7l,u«3,700
69.917,200
Deo
2,293,20(
9,166,80!
1,880,276
240.9<»0.900
depoalts
313,966,900 Dec
301.319.000 Deo
224,403 776
319,612,600
218,085,160
nrplna reaerre
12,836,900 Der
7.276,526
16,677,125
1,527.360
BMorrebeld
16
p. 0. ol
$28,218,600 United States depoalts inolnded, against $23,262,400 laat
Witb theaa
ol 1903.
United states inpoaits eliminated, theaarplnsreserye would be 918,441,620
•n Oct, 8 and $26,729,025 on Cot. 1.
Mori.— BettLrnsot separate banks appear on the preceding pace.
*
week and $36,869,300 the oorresponding ireek
Foreign Exchang'e.— The tone of the foreign exchange
market was easy on Monday, but on the following day there
was a recovery, influenced by a demand to cover shorts and
for remittance; the tone was steady at the close.
To-day's (Friday's) nominal rates for sterling exchange
were 4 84@4 843^ for sixty day and 4 86@4 861^ for sight. Today's (Friday's) actual rates for sterling exchange were
4 8330@4 8340 for long, 4 8550@4 8555 for short and 4 8590@
4 86 for cables.
Commercial on banks, 4 8310@4 8320, and
documents for payment, 4 8234@4 8330. Cotton for payment,
4 82>|@4 82^^; cotton for acceptance, 4 8310@4 8320, and
grain for payment, 4 8320@4 8330.
To-day's (Friday's) actual rates for Paris bankers' francs
5 19%t@5 19% for long and 5 \l%\m 16%t for short.
Germany bankers' marks were M%(ay4:%j; for long and
95 5 16 a 95% for short. Amsterdam bankers' guilders were
40 1-16*@40 1-16 for long and 4034**@403^ for short.
Exchange at Paris on London to-day, 25 f. VZ]/^c.\ week's
range, 25 f. 15c. high and 25 f. 12>^c. low.
The week's range for exchange rutes follows:
were
-Long.-
Sterltng
Hlgb... 4 8330
'31
4 8340
4 »550
liOW. .. |4 ><320
9 4 8330
4 8626
Por<* Bankers' Franet—
High... 6 i93s'
9 6 19'^!
6 17>2t
Low... 6 20
9 6 193b
6 la's
Oermany Bankers' Marks—
High...
94»«
9 94»4t
96»,at
Low....
9 94iii«
94»i6
96»i»
Amtttrdam Bankers' Ouildsrt—
'9
9
9
«
I
I
|
HUh...
Low.. ..
lioss:
-Cablet.-
-Short.-
Actual—
I
I
I
I
I
I
I
I
1
40ii,«
I
4011
'iieofio^
t
40iig
40ii«
Im
or
1%.
9
4
4
8660
8636
9
9
5
6
18%t
174*
9 95^
9 96'<1
I
t
|
4 8696
4 8666
9
4 86
d)
4 8570
I
I
I
|
40>«** I
40>*
40'«
40'«t
»ti or 1%. PInsi 11 ii, or 1%.
9
I
I
|
•*i».ori%.
The following were the rates for domestic exchange on
New 'iork at the under-mentioned oltles to-day Savannah,
buying, 50j. per $1,000 discount; selling, 750. per $1,000 premium; Charleston, 123^0. per $1,000 preuiium; M«w Orleans,
bank, 75c. per |1,()00 oihcount; lommerolal, $1 00 per $1,000
discount: Chicago, 30c5. per |1,000 rtipoonnt; St. Louth, 10c
per $1,U00 discount; S>in Crancisco. 75c. per $1,000 premium.
State and Railroad Bonda.— No sales of State bonds have
been reported at the Board this week.
11,1980
Int*r*st
Oct.
PsrioAs
8
Oct
10
—Jan '104N
—Jan 104»4
registered
coupon
Sa, 1930
Is, 1930,ainaJ.regiatered
oonpon
Sa, 1930, amall
registered
la, 1918
coupon
Is, 1918
Is, 1918, small.reglstered
Oct.
Oct.
Oct.
11
13
13
*104»4 •104»4 * 104*4
*104»4 •104*4 U01»4
Oct.
104*4
i04>4
104*4
104*4
-Feb '104 v> *104i4 '1C4'q *104'a •104H
-Feb 106>« «106i* lOft"* *106>4 106*4
-Feb
-Feb i06* '106 *i06" *i06" '106
-Jan
106^ 'lOO^^ -106 >» •1<'6S '1064
-Jan 106H '106^8 *106»« '108 >« •106 1^
-Feb '181"g '1»1»8 *181\ •ISl"^ -181<^
-Feb '181«b laii^ ISl"^
*181«s
104 Vi
coupon
registered
1907
coupon
1907
registered
1936
oonpon
1936
•Tblaia the price bid at tbe moraine board; no tmt» waa made.
1918, small
Is,
4s,
4s,
is,
4a.
ioe"
1064
1064
180»,
131«8
Railroad and JNiscellaneons Stocks.— The stock market
has been less active than last week until to-day and continued strong. The general characteristics have remait ed
the same from day to day, a majority of the issues traded
To day's market was by
in having moved to a higher level.
far the most active and buoyant of the current bull movement, the transac'ions reaching the large total of nearly
1,500,000 shares,
and an advance
from
of
1
to 3 points
was
generally recorded.
Union Pacific and Reading have been conspicuous. They
were the most active railway issues and both advanced to
the highest prices recorded since 1902. Missouri Kansas &
Texas issues have been in demand, the preferred advancing
Q% and the common nearly 4 points. Other railway stocks
wdich made new high records for the year are New York
Central, Illinois Central, Louisville & Nashville, Great
Northern, Atchison, Missouri P-icific, the " Hoo Line," Brooklyn Kapid Transit and other less prominent issues.
Industrial stocks have attracted more attention than usual,
especially those on the railway equipment list. U S. S eel
pref. has been the most active stock on the list, and at
79^ to-day was nearly 3 points above this year's record price.
U. S. Rubber has acquired new prominence, the common
advancing 6% and the preferred nearly 9 points.
Fur daily volume of buaineaa see page 1632.
The following sales have occurred this week of shares not
represented in our detailed list* on the paees whloh follow.
WtK
saut
8TOOK8
Ending
Oct.
Prererred
AkticuI
Preferred
Am
200
Cbem
30.
100
Steel Foundries
2
<<
210
10<'
Amer Teleg <fe Cabl«
12
Cent A 80 Amer Teleg..
20
Cleve Loialu <fe Wheel.pf
Homestake Mining
200
Knlck loe (Chicago)
1,731
200
Preferred
Nat Enam A Stamping.. 4.550
New Central Goal
New York & Harlem
N y N J Telephone...
^
Ontario Silver Mining...
Pitta. Ft.Wttyne<fi! Chlo.
RB
Securities 111 Cent'l
stock trust certificates
<& San Fran stock Ir
otfs for
0&
E
111
I040ct
.40.
Preferred
8t L
W*h
Smn04 line* Jan.
1.
Week
AllU-Chalmers Co
Amer
Bt,nge for
for
14
prer..
United Fruit Co
Iron Coal <& Coke
1
49
H
78
14
Oct 14
Oct 14
Oct 11
ri»eOct 10
12 Oct 14
4940ct 1/
18
78
U
Oct
Oct
Oct 1
Oct 14
Oct 11
U
8
12 38
H/
11 1*2
106
12 lo7 4O0t H
t-0
8 90 Oct 8
55 40ct 13 Po40ct IS
9»80ct 11 1 2 Oct 1 .S
60 Oct 8 604Oct 12
14 Oct 12 iB'40ct 14
34
Oct
Oct
Oct
Oct
6
li
Feb
t54^«Feb
18 Oct
Mar
72*4 Jan
s '^J'nt
79
Aug
8\ Sep
26 J'ly 39 Sep
82 Jail
93 Sep
l02'4Ang 107'-jOct
76 Sep 90 Oct
i^HiMar
8 Sep
6B40ct
48>aJai
l4 Sep
604Oot
12
21
Oct
Jaa
4S Oct 1.1 43 Oct .3
43 Sep 45 Feb
Oct 11 ilO Oct 11 100 J'ne 410 Sep
155»40ct 14 ls6»40ct 1» 140 Feb 15)< Sep
4 Apr
10
4 40ct 8
4Vj<)ct 8
4 4 Jan
6 18l40ct 12 I84 40ct 12 i79 4J'iy li440ct
11
320
n
750
11
87
Oct 11
STTgOct 14
86
Feb
93
May
Oct 13 183 Oct 14 122 Feb 133 Oct
lOc 106 40ct 4 l(i640ct 4
96 Feb 12 >«J'ne
20
"^-Oct 12 24 OctuI i84Sep 24 Oct
200 130
1
!
Va
16
JVtai
H9 >aMar
—
Ontnide Waiket. Trading in the market for unlisted secnrities this week has been on a somewhat smaller .scale, but
values as a rule have continued to move upward. There has
been a decided falling off in the dealings in Northern Securities stock, total transactions for the week aggregating less
than 25,000 shares, against about 100,000 shares last week;
after an advance of i;^' point to 113 at the beginning the
price declined to 111%, but later it rose to 114^^; the
close today was
at
An interesting incident
114%.
been
the
has
activity
and strength displayed by
Mackay Companies stock
common advanced
the
from 30 V^ to 34% and closed to-day at 34%; the preferred
gained 2X poini 8 to 74X, reacting to-day to 74. American
;
Can
also attracted considerable attention; the preferred
shares moved up from 4''i,2 to 50i^ but to-day dropped sharply
to 47; the last sale was at 47%; the common rose a point to
7V^ and to-day fell back to 7. Standard Oil lost 3 ''4 points to
641^ in the early trading but later it advanced to 645V^; today there was a reaction of I4 point to 645. Interborough
Rapid Transit stock fluctuated between 146'4 and 148 ^ Hud
ended the week at 147^^. American Tobacco preferred,
"when issued," rose from f^&H to 88V^; the new 4 j)er cent
bonds "wh^n issued" gained '% to 64'., and the 6s "when
issued" moved up from 107!^ to 108 1.^. closing to-day at lOSL^.
Merger) thaler-Horton Basket Machine sto k was traded in
on a very large scale; the price ran up from 6 to lOi^i'.
to 21. but
(Jreene Consolidated Copper shares advanced
subsequently reacted to 20;^. British Columbia Coi)|)er rose
from i^ to .')%, but today fell back to 4^4: the clo.se was at
4%. Phcenix Mining moved up 6 points to 20, receding to,
%
day
to 23.
Outside quotations will be found on page 1632.
H
Wew
STOChS—UHiHESl aMj LOWhUl
Monaou
a
Oct
*2R
•Ks
Oct.
*2S
H8
03
'/'vsUau
10
two
•28
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113
1IMI7,
lOli^lOO'V
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162
15'i
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137
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;
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7s
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89 Hi
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20
40
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773.
77H2
109
20
20\
51
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27 14
27
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285 291
3J
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24
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8
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127,
68
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75
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143
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'
•191
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15 '<
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15=8
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4,
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133% 134 '4
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86
80
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67
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13334 134 Hi
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8634
7934
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73
A sic
XKW YORK
America^
...
Amer Kxch.
Aster
Boweryli
510
235
775
...
47
61
31Hi
47 61
32 Hi 33
*93 100
245 265
67
671.2
128 'v 130=8
157 158=8
84 Hi 8576
1221412334
14
132
56
•92
82
134
68
105
77
1333^134
'•M
24 Hi
•76
80
72
72
"71" 105
72
861.2
863.
79
2834
7w
29 >8
73
Dr 150
<.;plitury1:
180
650
325
('hath:nii
Cliel.sia Kxcl
335
4100
150
asued
160
Fidelityll
Filth
veil..
A
Fifth
First
were
(iansevoortll
G.arllPld
..
Hanover
iMiD
&
s
V
500
410
iYo"
510 560'
220
Li.n^
Western.
&
Mich. South'ii
Louy Island
LouiMVille <& Nashville...
i\/l anhattan Elevated...
i*l-etrop. Secur., sub. rec.
Metropolitan Street
Met. West Side El. (Chic.)
Do pref
.Mexican Central
.Michigan Central
Minneapolis & St. Louis.
Do
54
650
150
Hi
12
Feb
1
Jan
Jau
41
69
'••8
31 Jan 21
1693$ Oct 6
1>'5
Sep 27
191 Sep 2
232 Sep 15
il52 Oct 10
145 Jau 21
187 Hi Oct 4
1234 Jan 15
24
133 14
108
153
190
132
117
§165
8
26HiJan 15 15
.Sep
Aug
Aug
2838 Jan 22 17
174 Hi Oct b 149
300 Sep 29 230
3«HiOct 12
82 v Sep 17
25 Oct iC
1434
Jan
18
62
12
734
2;.
29 Hi Jan 25
72H2 0ct 4
14
55
10i4Jan22
7
Octl-i
10
23
17
3334 Oct 5
6934 Jan 27
SOHjJan 2
06 H> Jan 27
80 Aug lb
16% Oct
8434
Sep
14
1
AugJu
1938
12
5
27
13
10
14
14
Apr 12
Apr 12
Sep 21
J95HiMay24
Feb 24
527134
Aug29
59
130=5 Oct 14
158''BOct 14
90
1.2
Aug U
12534
AugiU
17 H;
59 Hi
15
138
Jau 4
Sep b
Sep 10
Feb 26
500
4 6 'b
J'ly
1
Jan
62
Nov 194 Jan
Aug 19 76 Jan
Jan
17% Jan
Jan
Jau
30
5034
9938
Jan
119
31% Jan
Jan
Aug 48 Jan
Aug 183 % Feb
J'ly 276% Jan
Oct
1!!
Feb
Not 90% Feb
Sep 47 14 Jan
Aue •203s Jan
Nov 3934 Jan
Oct
72
Jau
90
Aug 19% Feb
Nov 2938 Feb
Aug 42=8 Jan
62% Apr 74
44
J'ly
39HiJ'ly
78
Feb
183 14 Jau
194 I4 Jan
Sep 224% Jan
Aue 250 Jam
Oct 200%Jan
Sep
8i4Aug31
3 May
40 Aug31 30 May
85=4 Oct 10
66 Aug
llOHiMarll 112 Dec
21% Oct 14 10 J'ly
58 Hi Jan 2.. 44H2 Aug
Apr 7 52
Marll 34
85 J'nel7
5250 J'ly 1
300 46 MiiylT
49,30u 101
Feb23
10,805 13934 .Marl2
86,645 72I4 Mar 14
84.615 10434 Marll
16 Jan 15
45 Mar 9
18,335
5 Apr 23
Dec
Dec
Aug 89 'h Jan
;,
Mar 12 91
26
5119
Hi
Sep 27 8438AUK 103H; Jan
Sep 28 106 Dec 120 .May
Oct 14 71 .Sep 104 Jan
95 J'ly 20 82'4 JMy 963, Feb
•'8 4 Oct l4
2.tHi Sep
71% Feb
160 Oct
121
Not 150 Feb
105 Oct 3 140 Sep 160 Feb
89 Aug2:il
l33i«Oct 4 I'ls'SOct 13834 Feb
69 Sep 1
67 Hi .Sep 78% Jan
182 Hi Sep 12 153 Oct 190 Jau
4534 Oct 4
27 I4 Not 53% Jan
42 Aug29
18HlSep 37 14 Jan
851^4 Jau 2
60 Sep 75 % Deo
aS2 Jan 14 4170 J'ly il84 .Mai
141 Oct 14 105 J'ly 13814 Jan
18% Oct 14 13 Ang 29-'H Jan
86 Hi Apr 12 83 Hi Sep 90 'e Jan
71 Jan 23 63 Oct 85 % Jan
pref
lii.i.i
Bid
itnnUs
140
Liberty
500
Lincoln
1000
Maiden Lane 105
ManiiatUiii\. 315
Market iSfcFul 250
Meeh.anics'
200
Jlocu it Tra' 130
Mercantile ..
Meich I'^xcli. 100
Merciiauls'.. 175
375
,M drop II
.
260"
Trad. 1594
Irving
Shore
J'ne 1
.Uay24
lOHiJanll
45
&
pref
51
Oct 12
12,831 12534 Peb24 145 Oct
10,890 14 J'ne 4 26i4 0ct
1,090 32 Feb 25 4736.S>ep
100 22H2Mav 9 35 Hi Oct
1,46U 04 "a J'ne 1 7934 Sep
1,570 10HiFeb24 2038 Oct
4,625 31 Feb 29 5034 Oct
pref
Erie
Ash
^30"
.Mi .Morri.s^
i,)j .sutiros.
Trust Co. curcidcites.
*
j;.>:
A Asse»
..
•J
25
rig.ibd.
Bid
liaiili!!
Mutuallj..
Jeflerson';...
165
'ii
liauiiltoi,;, ..
i-aus d.i>".
weec
390
140
500
G erin.iu AmV 155
(icriuaiiia^
L.
Ask
Gerni.iu EiTJ 375
joo
3500 4000
300
615 630
on
Bid
Fourth
OaUatin
Greenwich
Do
98
14thStreetTI. 300
ISO
i)iii;o.s; 110 .saoss
111 to
ur. ..itnni; i£Yi-.linni..K nr iiL ;iiiut.u>]i cliia
..i.i
bl\
l>o
Iake
<
85 11
300 60
000 1
600
25
fcep 21
Aug
6478
Feb
Feb
72 % Jan
91 Jan
Sep 7434 Feb
Oct 209 Jan
Dec 85 Jan
10 Aug 27% Jan
63 Sep 106% Feb
77 Oct 99i4Mai
125% J'ly 151 Jan
16 J'ly 48 Jan
30 Hi Oct 773t Jan
25 14 Oct 47% Jan
62 14 Oct 8234 Feb
IHHiOct 36I4 Jan
29 Oct 61% Jan
10 Oct 40 Max
48 J'ly §55 Apr
23 Hi Nov 53 Jan
Sd Nov 118 Feb
275 Dec 334% Jan
49 Dec 83 Jan
95 Sep 130% Jan
12014 Sep 155% Jan
70 Hi J'ly 128 'a Jan
99 'a Sep 142 7g Jau
17 Dec 38 Jan
61 Hi Dec 88 Jan
8% Nov 29 .Mai
102 .Mav 135 Jan
41 Oct 110 Jan
83 Nov 118 Feb
42 Aug 79% Feb
109HiJ'ne 132% Feb
15 Hi Oct 30% Jan
33 Oct 63 % Feb
8534 Aug 11573 Feb
85 Oct 133% Dec
34 Hi Mar 47=8 May
17 Nov 28%Jue
112=8J'ly 156 Jan
19H2Sep 45 Jau
100 Oct 118 Jan
50 Sep 87 Jan
$187 Hi May 225% Jan
19 Sep 36% Feb
5334 Nov 76 % Feb
85 Aug 93 % Feb
190 Aug 190 Aug
3934 Sep
72 Jan
80 J'ly 100 Feb
50 14 Aug 76 Jan
11034 Nov 157=8 Jan
15 J'ly 39 Jan
91% May
Sep
Ja«
Jau
Jaa
Feb
Jaa
53'%J»«
86 Jaa
72 Jan
J76
94
115
69 '4
89 'a
81
UUMPANIES— BROKERS' QUOTATIONS
Il-Lb'bT
liauUii
..
Discountll ... Di5
East River.. tl(iS%
175
ChPiiin-.iil
Ciiizis^ <;tr
'
350 400
Commerce... 1230 1 232
Con.soildated
150
ibo" C'ruExchgel^ .S90 400
Colmubiall
143.
Keokuk <fe Des Moines.
Bep 23
••'8
68
29=8
7338
HiqUeMt
40 J'ne
6734 Jan 18
80 J'ly 29 96 Hi Sep 10
823. .Minn. S. P. & S. S. Marie.
7,09o 55 Jan 4 8234 Oct 14
134'.
4..O 116
May 2 13414 sen 28
Do pref
2818 28 Hi Mo. Kansas <fc Texas
93,120 14=8 Feb 24 29 Oct 12
42.l'8u 32'4J'ue 1 58i4 0ct 12
57
Do pref
3(78
139.570 87 Feb
10014 101 Hi Missouri Pacific
101=8 Oct 1"
400 101>QFeb21 134 Oct 10
133 134
Naali. Chatt. & St. Louis
3934 40 Hi
9.750 34-4 Fib
ai.of Mex, non-cum.pf
4lHiSepl5
017 15 's t'eb
Do 2d pref
22 Oct 14
21Hj 22
132 I34I4 N. Y. Central & Hudson.. 41,3,7 11 2 'a Man 2 134 >4 Oct 14
3334 3iH N. V. Clilc. <fc Sts Louis...
1,500 25 Mayl6 344 Oct 14
10lH<MByl2 113 Oct 1
•no 116
Do Istpref
'66
450 60 J'uell 69 Jau 2(1
Do 2d pref
69H:
030 JIS0I4 May 19 196 Jan 23
li>3
I9314 N. \. N. Haven cfc Hartf
35 Hi 3534 N. Y. Ontario <fe Western. 23,580 19'i8 .Marl4 37 Sep 28
Norfolk & Western
31,350 53 Hi Miirl2 73>4 0ct 4
71
73
90 93
100 88 May 6 92 Oct 6
Do adjustmeut pref.
loo 160 J'uel4 195 Sep 27
190 190 Northern Central
L>aciilc Co.ast Co
860 61 Feb 24 6ii Oct 5
68
6&
•98 105
t Do Istpref
95 J'ly
101 Sep 28
Do 2d pref
150 6II4 Jail 12 7634 Oct 11
16
77 H.
Pinnsylvania
333,345
lllHiM:in2
133=8 135 H
135 Hj Oct 14
300 17 Marie 25 Hi Oct 14
25
25 Hi I'eoria <& Eastern
•75
74isJ'ue 9 81 38 J an 23 74 J'ly
80 Pore -Marquette
Do pref
S68 .May31 «70 Oct 12 }74 Dec
Piltsi). Cin. Chic, db SU L.
3,013 55 Apr20 77 Oct 14 65 Sep
73H! 77
200 90 April 105 Sep 15 90 Oct
1013.1 10434
Do pret
71=8 73
Reading, vot'g tr. ctfs.. 359,3.30 3834 Marl4 73 on 10 37% Nov
2,400 76 Alai 1 863, Sep 3(1 73 Sep
1st preL vot. tr. ctfs...
.JOHa 8O34
2d pref. vol'?; tr. ctfs.
2,700 55I4 Feb25 80 Oct 10 5534 Nov
79
7978
120.365 19 •« Marll 30*sOct 14 l^Hi.\ng
2 8 '8 30 \ Hock Island Company
57«4 Jan 6 7434 Oct 14
0534 ..?ep
7434
Do
pref
19,965
721s
30 Apr 22 381.2 Feb 9 .SO .\ug
Hut laud, prer
•98
8O34
7934
1
Bntch'.sife
Chase
530
215
825
Michigan.
153,
loo
245 265
•55
08
128Hil29
150 ^i 1507g
82 'a »4=h
121 1223^
Bid Ask
JianlCM
City
279 282
Coal it Iron. 190
200
Colonial I1 ... 450
Kanawha <&
78-.
2038
1534
L»3
LAISKS AJSD
Bid
261*
70
9
(
48 Hi
831H2
72
B
15^
m
6034
otf.
Do
4814
13 '8
14',
IS'a 14 "4
14
14 "y
14
•130
130 139
130 135
125 135 ^125 135
•54
-5434
57 Hi •5434 57
0^34 o7
*54ib 67
•93
93 98 •93 98 •92 98 92 98
81
81^8
8 1 Hi 82
82
81
81% 82
81Hj 82
•132 131
132 131
132 134
132 134 5133 133
25=8 267f,
27^.
27
27 Hi
27
27 Hi 29
28
28^t
y8i4
62^4 55^4
55'8 50
55>5 56 W
6534 581,
567o
I0038IOII4 loo-ialOlifc loo '8 10034
H'0'8 100^8 101
•130 '4 132
133 134
132 134
133 133 132 134
39 14 3915 •39
39 401, 39 39 Hi 39 Hi 3.1
40
21 1^
20 Hi 20 "v •20
21
•I8H2 21 H; •20
21 Hi •20
129 '2 121).'4 129 1» 130
129 Hi 132
13iH2l32i4 1311-4 132
•31. '4 321.J •3138 32 H. •31 '8 32 H»
•30
33
34
32
•llu llO
no 110 no 116 no 116 110 116
•00
*04
b4
69^4 {03H2 63>a
09
6734 69
*192'4 1 ;i3 L^ 192 >4 194
193Hilt'33, 193H2XP3Hi •192 Hi 193 H,
34''8 34^4
34'>8 34',
35 'a 35 Hi
35
3538 353.
35 »8
71I9 72
Tlh 72 "e 71=8 72 '<
713.
71Ja 7238
71
•90
•90
•90
•90
95
93
•90»ii 96
95
95
6034
deb.
Valley.
pref
llinois Central
owa Central
Do pref
Hocking
C.Ft.S.&.\I.,tr. cts. pl(
Kansas City So. vot. tr. ..
503.
Do pief. vot. tr. ctfs.
Hi
Lowest
Mayl2 54 Feb 3 31
Marl 7 190 Oct 1:; 100
AuglO 79 'a Jan 7 73
40
800 170
Baycfe W..iieb. ctt.A
Do
161s
47
47
•35 la 35 Hi
403^
35 Hj 35 Hi
7734
Green
77
I5I4
144H2 141S8
<t2J\ 251,
•46
47
*35Hi 37
77Hi 77Hi
2538
25
4778
47
•14
16
47 51
•32
34
•93 loa
Ft. Wortli&Den. C.,8tmp.
Great Northern, nref
200
"80
82
89 Hi 89 H:
144H2145
82
89 Hi
88
13^8
•98 105
§7714 77I4
&
'
48
190
80
•80
>.,
"64 Hi 07
•98 105
•75
77
133 '8 1 33 \
*23
24 S
•76
80
& Om
58
15 14
15
82
89 Hi
145
^.
14
135
1
&
•70
>-4
13»4
'..i
'
•42
180
25
ko'i^ 46 Hi
4ij
•14
*14
lo
16
•47
•47
-47
61
51
oL
•31
•32 Hi 33 H;
34
'Si's 34
•90 10«i
95
95
*92Hi 100
•245 Vi65 *245 265 *245 265
245 265
*55
•55
'h^
•55
5S
58
58
58
12? ^8 128
127 I4 128Sf 128' ,129 Hi
127 ^2
154=8 154
154 Hi 15439 156^4
154-'e 15-i% 154
82 sj s;\
81=8 83
83 Hi
81H; 8238
82
120 120\ 120 12118 120 '8 1 20
120Hiliij.38
21 Hi
80
58
75
60
85
48
189
75
•80
94
&
33
Hi
<?.'<
&
71^^,
40'i
BU..
25 J'lyll 30
10 $4934 J'ue
64
01 Ki-b
12,922 8708 Jan
101 38
8,995 104 Hi Feb 18 ,384
01,305 72 '8 Mar 14 93 'a
194,06(1
&
7I4
7034
Ke
04<4
no no
110
51
ijanla
<C
&
^U'4
»t.^4
llO
513^
2634
H;
9
8 134
24
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S5-4
109
Atch. Topcka
&
Sig
173s
7H2
1578
7H>
Arbor
Ann
I>o ))ref.
32
03
85
&
150
190
140
185
7»4
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1.1',
'4 174'-.,
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7U"4
7='s
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8u-'4
lOSi
7
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185
190
100
7
1534
14-'4
7\
85
28'._
167^4 1683b
183
Higheit
Lowttt
&
I"*.
55
27 '4
lou
190
7
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2!'5
81
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190
174
81
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l(iU
1 OS 4
l^'JSjlS'J'j
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85
55 14
*
leog
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Week
Sliare
llnilroRiia.
?94
36
3934
85
210
140
130
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183^2
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IJO
•Igii
•..
13208
67 'h
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the
Do |)r<-f
7hO K7''8l^ebr.
C8Hi Brooklyn liaiml Transit.. 308,046 38
Feb 24
'130
158
BuSalo Kocli. (fe Pittsb'K.
400 nsi4 .Mar
•145 165
Do pref
J'ne24
il'X)
ss^-,
•SO
88 Hi Buffalo & Snsque, pref...
85 Aug
131 '.J 132=8 / Canadian Pacific
131Hil3i
18,47p 109H2Marl2
•07
07
6 7 '8 67 »8 V /iiuiwla .Southeru
200 64 Apr
'1S2
182'-^
l.OOi' 1.-, 4 Hi Feb 20
l82Hjl82Hi Central of New Jersey...
4 3^8 41
4 J "a 45
Che.'iapeake
37,100 2>'4Marl4
Ohio
39«g ChiCiiKOtfa Alton
39
300 33 Jau \h
•80
•80
85
85
IJO pref
75 Jau
'190 210
190 210 Chlca(?o Burl
ilSl Jan 1
Quincy..
139 139
14o 141
C'hic:«;ro<fe Ea.st. 111., pref.
OOH 121 Feb 11
171,
17
17'« \Shi ChicaKo Ureal Western.. 19,385 1278J'"e >
•81 H;
•81 Hi 85
Do 4 p. c. (lebeutureH
80Hi J'ly 1:
56
57
555 47HiJ'ue t
Do 5 p. c. pref. "A"..
27 4 28«8 28 Hi 29
Do 4 p. c. pret. "B".. 1,101 20 J'ne
IO634 107
167 "4 169 Chicago Milw.
SU Paul. 143,641 137% Feb 24
183 Hi 183 Hi 184 184
418 173 Mar 4
Do pref
laS'a 188 'e 188 190 Chicago
Xorth Western
2,600 161'8Marl4
207 Fob ~
Do pret
Ohio. Rock Isl'd
<130 Jne
Pacilic
'140 150
140 150 Chic. St. P. Minn.
135 Mar22
'185
190
185 190
Apr2
Do pref
H65
5I4 Aug31
8",
734
7Hj
8 Chicago Term'l Transfer.
6,346
10^4 I71-,
1684 171.
Do pref
13,960 llHiAug31
734
7H^ Chicago Union Traction
7H2
7H2
4 J'lyll
1,900
Do pref
29 May24
85
85
8538 s:i\ Cleve. Cin. Chic. <fc St. L.
s'.o'si
68H!>layl»
109 110
460 100 Feb 8
Do pref
203^
20
2014 2 m. Colorado
13,715 13 Hi J'ne 1
So., vot. trusi
51 Hi 51 H..
51
523^
2,510 48 J'ne
Do Ist pf. vot. tr. cfs
27 'd
27
27
27
0,520 1778 J'ne 7
Do 2it !>t. vot. tr. ctfs.
173H2l73'fc 173 173 'e Delaware <fe Hudson
15,600 149 Marl2
290 290 290 295
700 250 H2 Feb 23
elaw. Lack. & West'n
28'8 2S'g Denver
490 18 Mar 14
'28 Hi 29 Hi
Rio Grande...
"~
•80 Hi 82
8I34 821.
3,197 64 Hi Feb 2 4
Do pref
•23 Hi 24 Hi
24
24 Hi Des Moines
1,000 19i2Jan
Ft. Dodge.
334
•334
4
4
li8J'ne2
Detroit South. vot. tr. ctt
'
'800
634
7
7H2
7
2=4 J'ne27
Do pref. vot. tr. ctfs.
j;7oi4 701. Detroit TJniTed
713,
71
3,010 60i8J'nel6
734
s\
912 Duluth So. Shore
1,137
8 Hi
618 J'ne 3
Atl.
1318 141,
9 14 Anglo
1478 17
5,450
Do pref
3238 333, L^'ne
32 »8 32H<
135, 07o 21HiMayl6
68 14 69 1^ I'Do 1st pref
673, 68"*
18,495 55 'a May 3
46>4 467,
46=8 47',
4,350 33 May 10
Do 2d pref
60
54 J'ly 15
60 Evansv. <& Terre Haute..
85
10
Do pref
72 Feb 23
85
8SH!
13-'
92
94
Hi
STOCK
KXCHANCiE
10i)'4 101 !«
iJi)
iircl
l.<534 1:173, AtlaiitlcCoast Miie
91 -•8 93', HalUiiioK^ifc Ohio
(U'4 (15
•155
158
'155
lO.'t
157
165
80
'190
IC^'j
l.NO
7^;
'8
5'^'
86
2ti3e
210
137
IGSj
G3^1H7'4
183 183
140
•186
l.-.O
I'.IO
IS-i'l
•293
If.Sj
;-.5
2ii«8
5152
17-.i'i
'4
(-5
ll
10.">'.i
*1U(
19
44
3y^4
91
94
ti-J
157
155
SO
•VJti
i;ui
"81
6O34
43 "a 44
•3S
3934
*>-0
S5
43
•37
•SO
'.J
'.^'s
182
^5
40
lOl
13534
Mange tor Year l'JU4
Hanye lor I'renoua
On l/asit of KJO^ifiarelots
YearfiyuJ)
SaU> 01
.•«T<)CK.S
•28
•59
K4
843^
IOOI4 U'O
135
136
.S3'«
Hi
IWOia 1S2
•.<o
'-.
.
1
imc^es
NEW yOKK
triday
Oct. 14
32
63
•59
9078
•()7
SjIMS
ISl
28
32
03
85
>4
93 '8 93',
>-..
15.:
M
1311
90 's 91
*93
94
59 V CO
l,-.4
154
145 lli5
•h5
13114 132 ^'4
r.8>-;.
•8ii
l;<2
• (j;
•28
.'9
84
100
135
82
UK)
i'l-Hs
Ttiursnay
Oct 13
12
Oct.
^3\, 84'-j
10014 lOO'j.
SU
fiALi. i'KJLKii
U'ediiffiiay
11
Oct.
33
59
Jo'.t
1
York Stock Exctian^e— Stock Record, Daily, Weekly and Yearly
«m;cui*yin«;
Satunay
1
.
510
1100
325
200
267
MO
Nassaiili
.
New Amster
New York Co
N Y N.il E.X
New York...
I'.lth
Wardli.
.Vortli .\iuer.
Nortlieru
170
1S5
OneuuUV
425
235
Park
People'sli
8i.tie uaunLs.
li
195
115
225
Joo
500
285
Pacillc'i
u^iL
ilauiu
?90
IJO 200
405 415
1500
210
;93
285
150
;o5"
2 So
65
300
luviueud aud
Bid
A sic
130 135
Plaza',
520 640
Prod Exchll 170 180
bO
HiViT.sulell .. 250
Seaboard
600
Secoud
600
Shoeib Leth. 135
Stale";
1000
34th Street.. 185 196
12th Wardl).: 120
23.1 Wardr... 125
Union Exchl ISO 1.87.
United
94
Plieuix
rij^uis.
New stock.
5
.
Oct.
.
STOCHS— HIGHEST AND LOWEST SALE PRICES
26
26
•71
75
58»4
•171
21
Oct.
10
16
53
27
58I4
173
21ffc
47 14 48^4
68V» 59
11534 11534
32^8 32^4
94I2
94
32^"34'"
•128
129
*21ia 24
30 Sj 3134
Wednesday
Oct. 12
Tuesday
Oct. 11
Monday
•71
74
58i« 60 12
172ial73i2
22 14 22 ''s
48 14 49 14
b'3'%
69
II5V3II534
32'4 33 1«
94'8
•94
331a 3438
12812129
*2mj 24
31^8
31
50''«,
51
51
,
Stock Record—Concluded— Page 2
15. 1904.]
Saturday
Oct. 8
6
7
2
.
74I4
6014
a-o
167g
5312
2734
*16
53
75
•71
62
173
2734
62
175
2212
4938
5834 59>2
II512 U57e
3258 3334
94 14 94'2
2134
32'8
129
•20
17
53
•16
17
2734
•27
75
63
54
28
75
•71
623.
62
17312 173 la
22 «8 2238
I73I2
2238 22=8
4834
5834
48
Thursday
Oct. 13
4934
59 =h
llo's 11578
33 18 3334
9334 94 14
52
49%
FYiday
14
•15
•51
500
550
933,
9436
9334
"
3379
3319 3338
33
33^8
129 •1271412814 •I27I4I28I4
"2034 24
•2034 24
24
3114 31^
31=8 31=8
32
5014 501a
5078
50
61
103 IO3I4 10234 103
103
"33
3.H3^
'7;
Highest
16
30U 461
25,H45 39i4Jan t!
800 150 Jan 9
7,240
9iaJ'ne 1
26,i;65 2538J'n6 1
151,000 414Marl4
Southern Pacific Co
Do pref. 2(1 Instal. pd. 4,487 113 Sep 12
Southern r.tr. cfs. stmped 136,425 18i4Feb24
3,500 77 4 Jan 6
do
Do pref.
90 Feb25
M. & O. stock tr. ctfs.
2018 J'ne 7
53,700
Pacific
&
'IVixas
755 115 Marl4
third Avenue (N.T.).
17iaJ'ne21
Light
ways
&
Kail
Toledo
I>o
601.
59
116 11618
33 14 34I4
33%
of 100-share lots
129 12934
•20
24
31 14 3II2 Tol.
2(1
•19»8
>44
50^8
10234
20
45
•90
*24
•210
:^o
94
27
215
*5i2
*442
20
447,
4414
46
5235 235 42391223912 237
62 »8 (iSSg
6238
63 1« 63 7(
62*8 6334
23 '2 24
2534
24
25 Si
23 14 2312
7934 80
81
x7i)ia 8O34
831a
821a
2,)l4 ?9'2
29 12 30 14
3038
30
30
•9134
•91
92
*90
?92
93
94
•24
•24
-24
27
*24
27
27
«210l2 2IOI2 212 212
'210 212 4210
250
638
5I8
6
19
19
3338
*11Hj
33 \
712
3338
*S0
36
5
'1^
263e
9534
I4I2
2634
9534
4>2
1934
•44
2018
2018
4414
45
250
230
6
5
19
3134
5OI4
10234
2012
19^8 20 14
441a 45
•230 250
6212
62
23 "s 231-2
82--'8
82
*29'4
102»8 10314
>«
•12
•30
2^)34
191.
7',
evj
5ifl
20
7^8
341^
35
I4I2
•Uia
3ti
«32
6I2
512
61a
6I4
•19
20
7 '8
34 '8
34
13
6=8
514
20
7'e
3434
13
26^8
32
27
13
30
27
36
27'.
9638
96
9614
96
281a
&
213^
"-J
-614
•
7I4
36
•55
36^4
714
51
»7l2
36
•55
*12i2 123.1
210=8 212 S:
•123
15
•6I4
•49
51
49
21
66
hj
•VO"*
2818
172
161a
124
1514
71
2812
172
1634
{75I2 75I2
5513 55''4
33
«33
79
79
'9
4814
11
•109
48I4
llOVi
2214 22 '8
*<,'3 'a
95
•130 134
95iv
•90
33 Hj 3334
102 7gl02.t
3434 35
8114
81
•222 225
•22
23
80 14 80 '4
It'll
6 1 "a
12-V
5 1 ''4
12
511a
1238
b>
2034
8312
'-iO'e
2034
83
-a
•41
41'e
41
14
•87
90
43 14
90
•lia
4834
2
51 '4
483i
•87
«31ia 34
7'a
61
61
•115
120
>8
938
O'i
87'-,
6II4
2334
7934
61 14
23'4
80
ISia
6138
115
87 V;
'«
1818 ISHi
74^8 ^a'^
3418 34 14
107 107'«
•237 245
92
92
165^.16512
•185 195
•60
•12
21138 211
12412 124
35»4
1234
16i«
1534
7134
72
I5I2
8I34
-1434
151a
82 14
100"^,
9914
83
99 14
224
7I2
501a
3612
123<
172
17«6
76
5958
124 14 12414
1634 18
74
73
30=8 31
17134 172 la
1779 18 12
7014
76
5834 60
•34 »a 36
•79
80
1634
72I2
341-2
79
1734
761a
6812
79
14
"'.)ia
91a
4Si2
17212
1734
34 12
80
IOI4
4818 4838
•9'a
48I4
912
7
1218
52I4
21
51 "a
2012
•81
84
421a 13
•87
90
'1-2
5038
5114
•3318
33 '4
1S<4
li-H)
ll=(
1178
51
21
51
84
42
•87
•
2
ma
2212
8834
43
90
134
5014
•32
61
462
63
34
"2
I8I2
6I34
120
9=8
8708 87 '8
61 18 62
2312 24
8014 81V
18»8 19 V
75'8 77--<8
123*
6 134
61
}117
62
117
934 10 12
88 -'s
88
6I34 62 "4
25-38
24
8112
117
10 12
8812
OlHi
26 Si
83-3
83-16
1834
76»8
183*
1918
761a 7738
34ie 34I4
13
6134
120
&
220
224
1734 1878 Corn Products
7412 7478
Do pref
3034 31 12 Distillers Securit's Corp.
17 2 '4 17434 General Electric
34 14
194 International Paper
18 14
76I4
61 14
691-2
Do pref
International Po'sver
36
80
36
80
Internat'l
78I4
Steam Pump..
91a
113.
62
24 12
90
8934
-II2
11 ••8
J
52
24
85
85
444
90
91
134
112
7
7
1234
123<
62
120
52
•32
1.2
64
13
62
4
1174
11 ig
111*
llif,
1034
90
89 12 90
613,^
OL-ig
6II2
27=8
2678
29
2934
85
191
85
85',
85
89 3i
61
1914
I9I4
35=8
107
215
240
9134
167
190
St.<fc
&
(,214
30 '4
«5
'4
US
Realty <fc Improve'nt
United Slates Rubber
Do
pref
201, United States Steel
79-8
Do pref
36
10814
27
12
Jaa
Dec
2238
J'ly
644 Jan
Fed
3234
16=8 Oct
55 14 Feb
4 Sep
274 Feb
J'ly
Maj
Feb
29i4Feb
55 la Feb
4014N0V 62
Sep
20
381a
141a Oct
33 Nov
220 Feb
42394 Oct 12 4204 Jan 235 Feb
(;4i4 Oct 14
75=8 Maj
33=8 Oct
2714 Oct 14 I7I4 Nov 4134 Jan
67 Jan 6 84 Oct 13 60 4 Nov 93 Jan
24141 J'nel4 3434 Aug 8 2514 Aug 46 14 Feb
8834(J'ne 6 93 4 Sep 20 82 J'ly 98
Feb
22 Aug 17 264 J 'ly IS 24 Nov 414 Jan
13:; 180
J'ne 2 4215 Aug26 171 Aug 235 Feb
7,760
834 Oct 14
5 Aug 3
6 J'ly 2939 Jan
2i4 0ct
11 19 Jan
2=8) Jan 8
3,450
54 Oct 11
900
5 2II4 J'ly 15
j Jan
10 Oct 373b Jan
6l8jMar24
6,175
91, Jan
2
4 Oct 1134 Jan
20,685 24 141 Mar24 38 Oct 14 16 4 Oct 4214 Jan
260
J'ne 2 15 Au*i9
7
5 J'ly 1934 Jan
100 224 'ne 1 351; Aug26 23 4 Nov 48 4 Jan
46,932 16V5 Jan 6 30 Oct 14 104 Oct 31 -'8 Feb
4,021 7542 J an 6 973. Oct 14
67 4 Oct 9534 Feb
5,010
5 19 Feb
242 J'uelO 5 Oct 13
2 4 Mar
9,450 16 J'ne 3 233, Oct 13 14 4 Sep 241a Jan
26.190 46 Feb
68 t-ep 10 3634 Oct 5273 Feb
3,418 8834 Jan 6 110 Sep 29 80i4Oct 99 4 Feb
115 110 Jan 21 140 Oct 12 90 Aug 126 Mai
140 85 Jan 6 98 4 Sep S 80 Sep 9339 Jan
13618 Oct 14 107 1« Oct 13439 Jan
97,385 122 141 Mar
880 123 Jan 4 136 Aug29 116 Aug 123 Deo
50 121 Feb 16 140=8 Sep 26 II7I4 Oct 169 Feb
no 130 14i Feb 11 147 Sep 10 130 Sep 146 Jan
1,731 10 Jau 4 164 (jct 14
14=8 Feb
7 4 Oct
1,440 69 Jan 25 83 Sep 26 65 Oct 80 Jan
Feb 20 102 Oct 10 58 Oct 1251a Feb
6,275 61
180 185 Mario "'8 Mayll 170 Sep 225 Jan
800
5 J'ly 18
15 la Jan
Oct 14
5 Oct
1,460 4779.Feb 19 504 Oct 13 40 Aug 55 Jan
18,310 25 4J Marl2 44 Sep 10 24 Nov 82 4 Jan
63 Apr 5 05 Jau 27 65 Dec 122 Jan
300
8 J'ue28 1634 Jan 26
4 Nov 22 la Feb
13,157 185 Feb 8 21334 Oct 4 164 Aug 222 Jan
3.310 lOlia2 Jan 4 I2514 .><ep 23 9434 Au 119 Jan
23,685
15 12 Nov 35 Mai
934 May 9 2238 Jau 25
3.97.> 65
Mar 9 7479 Oct 14 60 Nov 85 '8 Jan
17,972 194jj'ne 9 314 Oct 141 20 J'ly 34-34 Jan
5.27.-) C151
J'neJO 179 14 Jan 2;: 136 Sep 204 Feb
14,920 10 '4 May26 19 4 Oct 14
9 J'ly 1979 Jau
2,570 6418jFeU 9 7814 Oct 14 57 4 Nov 7414 Feb
4,770 26 Mar 1 691-. Oct 14 23 Nov 73 Jan
361 28 Sep 2 40 Apr 7 28 Dec 46 14 Maj
300 714J Feb 9 80 Oct 14 70 Oct 89 4 Jau
200
64jMar21 144 J'ly 23
6 4 Sep 13 Mai
1,785 36 Jan 4 4 34 J'ly 20 32 Oct 47=8 Feb
79 100 141 Jau 16 UO4 Oct 4 94 Oct 10678 Maj
23,553 14 «J Feb 25 261, Oct 3 10 4 Nov 29 4 Feb
1,060 80 le8 Jan 2i; 9779 Oct 3' 75 Oct 95
Feb
600 120 Feb25 i;i9-'4 Jau 22 105 Oct 177 Jan
730 80 Mar 1
96 4 Sep 23 as Sop 1244Jau
38 -8 Oct 14 17 2V ug 42-34 Jau
18.800 24 Feb 2
68.792 9234 .Marl2 108'« Oct l-i 8734 Sep 108-18 teb
I4
45,515 24 MayU. 413 (Jet 14 22 4 Nov 6534 Jan
Mayll 83 -a Oct 13 62 4 Nov 95 Feb
9,737 67
1,498 209 .Mar 14 J.il (Kt l-i 196 J'ly 23534 Jan
Feb
9,284 16 May 18 2778 Oct 14 10 Sep 37
1,138 71341 Marl6 84i« Oct 14 67 Nov 90 Feb
14.340
5=8 Nov 22=8 Fed
6 May 16 12-18 Oct 8
10.535 37 May 13 53 14 Oct 4 3634 Nov 80-38 Feb
24,570 1434 Apr 15 24=8 Oct 14 12 J'ly 30 Feb
1,930 74341 Jan 15 88>4 Oct 12 tiO J'ly 841a Feb
8,440 3II22 J an
44 4 Oct 14 22 14 Oct 72 Feb
410 77 Jan 5 91 Oct 14 67 Nov 97 4 Feb
100
34 Mar 4
34 Sep
6 4 Feb
24 Sep 19
56.390 31=^, May 16 54=8 Oct 14 25 'e Nov 68-<8Mai
200 25 MaylO 344 Oct 13 22 Aug 4034 Jau
320
3793 Aug 19
838 Sep 30
44J'iy 15 Jan
45 45 Feb 2.1 714 Sep 29 5734 Dec 7934 Jau
6i«j May 16 14', Oct 14
2,l00
6 Sop 15 Feb
6.226 40 Mar24 64 Oct 14 33 Nov 55 Feb
200 100 Feb 24 5123 Aug26 95 Aug I50I4 i-eb
71.790
6 Sep 15 '4 Feb
6 4 May 2
114 Oct 14
9,655 75=»
90 Oct 12 71 4 Oct 9634 Maj
3.405 43 J'ly 13 63-38 Oct 1
22,965 10 42 Feb 6 3014 Oct 14
7 J'ly 191* Feb
8,343 41 Jau 4 Sole Oct 13 3oi4J'iy 58 Feb
838iMayl.i 20 »4 Oct 14
261,354
10 Nov 39 -9 Fett
429,095 51'4iMayl3 7979 Oct 14 4934 Not 8934 Jan
8,56.-i
2234 J'ne29 37 4 Sep 15
17 4 Sep 60 -'s K(!b
8,420 97=K Apr 1 109 la Sep 14 80 Aug 128 4 Feb
2.-)0
114 4200 J'uelO
Aug2:i «191 J'ly 249 4 i'eb
May 19 92 Sop 4 8014 Sep 93 Jnn
8,031 85
7,100 153 May 2 1737e Jau 21 130 Oct 221 Jan
240 180 A ug 1 194 Jan 19 160 Sep 224 Jan
J
4314,
J
Feb
8
14344 J'ly
im
1
1
1
I
1
I
Iron
5 4 -=8 Teun. Coal, Iron <fe RK...
34 Texas Pacific Land Trust
64 Union B.ag <fc Paper..
Do pref
147e U. S. Cast 1. Pipe
Foun.
64
Do pref
4120 United States Express
114 United States Lr«atbar.
90
Do pref
78
10814
Rubber Goods Mf g
Do pref
Sloss-Shelfield
Do pref
14 Standard Rope & Twine..
'a
78
36
new
.
24''8
9
35
'.1
38 V Pacific Mall
1081b
eop. Gas-L.ife C. (Chic.)
4134 Pressed Steel Car
031-.
Do pref
231
Pullman Company
2778
ail way Steel Si)ring.
8il8 i>
Vdo pref
12
Republic Iron <fe steel ...
524
Do prel
4314
60 14 52I4
34
34 la
18ia
2538 N^ational Lead
96
Do pref
I3II4 Xew York Air Brake
9.")
Xortli American Co.,
4334
89=4
834 Aug 95i4Feb
1
Do pref
11
.Manhattan Beach
4779 49
48=1
National Biscuit
108 4 10.) la ILOS,
Do pref
22 -=8
•86
42 la
76 4
7 7 '8
34 14 34^2
34
11I6'8 1071-2 107
107 12 106^4 1063 107 '8
237 245
230 242 •237 245 237
92
9218 }92i8 9218
92
9134
92
165 166 14 16512 16534 1661a 167 I2 166 12
185 195
192 192
190 191 4190
3334
Brooklyn Union Gas
7-\
8
ruu8W.Dock& C.Imp't
491a 5OI2 Butterick Co
3714 38
(Colorado Fuel <fe Iron...
•62
75
' Do
pref
1234 \1\ Col. & Hock. Coal & Iron.
21214 213 . Consolidated Gas (N. Y.).
124 124 12 Continental Tobacco, prel
101.
11=8
50=8
61
•117
American Locomotive..
9734
Do prel
5
.American Malting
2334
23
Do pref
6634 6718 Amer. Smelt'g
Refln'g
108 108 14
Do pref
'I42I2 150
Snuff
American
•95 I2 9634
Do pref
13434 1361* American Sugar Refining
13412 136
Do pref
Amer. Teleph. & Teleg...
•143 12 155 American Tobacco, pref..
15 I2 I6I2 2V.mencau Woolen
82 12 83
Do pref
9J 10 L Anaconda Copper
434
124
1212
2III2 21234
pref
131a American Linseed
Do pref
30
30
2914
971a
7=8
71a
12438
*7.')ia
581a
3412
224
412
430
Do
22 Is <1CT. 14
47 78 Jan 27
J'ne 6
J'ne 6
16
37
Oct
Oct
Oct
7
.lliscell
»fc
.
38
*i'8
49 '4 60 12
37 18
»6
2111,
30I4
172
221
pref. vot.
American E-^pres.s
American Gra.ss Twine
Amer Hide & Leatlier...
19 12
De pref
8^ American Ice
I2
110 la *1U9 UOV 108
241-2
23 14 24 la
2178
24
23
05 -a
95
97
95
96
96
•130
•130 135
133
135
135
9412
94
94
94
94
94
34 14 35
371.2
3712
3412
35
10278 1U31„ 10234 1031. 103i«10438 103=8 105 i« 10512
35 12
39
40
36
39
3 9 la
36
351a 357g
81 14 813.
Hi
SIV, 811-..
8 134 83
82 la 83 la
22734 230
227 227
226 225
230 23012 230
22i<
23 14 24
25
2234 23 4
26
22
24
«81i4 »\.\
83 14
813< 8 134
81
81
821a 8318
84
•31 «a 34
•60
51
361a 3738
2334
Do
Industrial
Adams
834
53g
779
7=,
65 14 6634
I0718 107 i8 108
140 1421a 150
9612 96-2
97
13234 13218 134 14
133
I3312
18 1331-2
139 *138 139
140
149
149
109 1101-2 'lu9
22 12 2234
2238
•94
•94
97
130 135 131
49514 95 '4
94
34 14
3334 34 '4
•2038
2
483^
738
714
•49
12ia 12-2 •I2I4
2IOI2 21134 2iOia
•123
12334 124
15=8
151a 1534
72
71
72
2834 2978
29 la
171
17 lia 170^4
1712
17
17 I2
•74
7512 •75
5512 59
58
•3312 34 12 •3312
•7813 7912 •7834
8
8
'47
48
48
•83
•lia
•6I4
•49
19
35
12
38
971a
5
2()78 20 7(,
21
66 12
a;65
661a
10612 106 >2 107
10612 107
140
13712 140
-1371a 140
•95
9634 49634
96
9534 9634 Ji'B
132 13212 132 14 133'., 132 13278 13218
131 134
1321a
132 132 ?131 131
M39 140 •138
138 139
•139 140
•142 160
•140
140 147
145 145
\i\ 14-8 •1412 15 14 •14'2 I5I4 *14i2
8I34
•81.
8 134 8I34
83
•81
«3
100
100 102
9934 100 Is 100 102
•221
224 221
221 22.i
222 "12222
21
66 S)
107
140
•1371a
5I4
2:114
9,300
4,580
tr. cfs.
tr. ctfs
214
8
514
28 14
4=8
2134
414
210
81-2
20
32
3,210
3,740
3,610
25
Express
64 14
malgamated Copper.. 210,430
261-2 27 '4 .American Car & Foundry 21,757
9,207
831a 84
Do pref
4,705
31
32 .American Cotton Oil..
150
92 14 92 14
Do pref
•25
27
.A-merican Dist. Telegraph
250
62 7g
311,
412
9612
4I4
45 14 46
84
93
27
210
W. V. tr. ctf s
pref. vot. tr. ctfs.
St. L.
Do
Twin City Rapid Transit.
221b Wisconsin Cent. v.
240
27
7'a
33=8
4=,
41*
21
633,
19
96i<
9534
4
•2014
211.
634
518
4%
•4
•20
66
*106
5012 5078
10212 103 14
Highest
15 I4 Jan
58 Jan
32
24 78 Jan
13
68 Aug 88 Feb
63 Oct 12 39 Dec 78 Feb
174 4 Oct 14 148 4 Sep 170 J'ly
2279 Oct 10 12 Aug 30 Jan
50 4 Oct 14 24 Aug 66 Jan
60i4Oct 14 38=8 Sep 68 I4 Maz
11 679 Oct 4
3479 Sep 12
164 Oct 3678J.au
96 Sep 9 69 4 Oct 96 Feb
94 Augl9 85 J'ne 961^ Mai
3439 Oct 10 20 14 Aug 43=8 Fell
12934 Oct 14 100
Oct 12878 Jan
2334 Sep 29
3738 Jau
17>4 0ct
33 Sep 19 15 Sep 3178 Jam
63 Sep 19 24 Sep 48 Jan
103i4Oct 10 79 Oct 12214 Jan
4159 4 J'ly 1
155 J'ne 4159 14 Deo
10678 Oct 14 6534 Aug 104=8 Jan
21iaMay27
32 Keb24
87 4 Feb 23
158 Augll
Do pref
350.445 71 Marl 4
10434 10534 1041a IO518 io6^ 10678 Union Pacific
ib3% 103^8 10334 10438 103 14 105
2,771 186 4 Feb 2 5 9534 AugSO
94 14 94 la
9418 944 49373 94 14
94
94
Do pref
94
94
94
94
9 Feb 17 16i4Aug29
•121a 1412 *12ia 14 la 121a I4I2 •121a 14 12 *12'2 I412 U nit Rys Inv't of San Fran
762 42iaAprl9 5779 Sep 12
661.
5678
•55
5638
56
67
56
pref
•56
Do
57
567i
9,357 15 Mayl6 22 Sep 12
2012
2038
20
2038 2034 Wabash
2014 2034
20
20 14 2034
191a 2014
4178 42
42 I2
41^8 42 la
42
42
42 =g
19V485 3234 Feb 24 4314 Sep 15
4234
Do pref
4mj i'iH 4218
«17l4 I7I4
1.110 14i8J'ly-'5 301*00* 3
1714 17'i •I714 18
17=8 18
17''8 1778
Wheeling & Lake Erie
*17»a 18
44
1,900 37 J'ly27 5234 Jan 22
4412
43=8
45
44
•44
45
46
Istpref
45
Do
46
46
*44
26I2 •25
61
21i8J'ne29 2934 Jan 27
•25
2434 25
26
26
Do 2d pref
26
261a «26
•24'u 26
50^
102
Range tor Prewtout
YearfiyuSj
Lowest
Maris 17 Aug I
Mayl7 53 4 Oct II
Jan 8 2734 Oct 1
Mar 1 75 Augl6
9
35
1,900
pref
•72
St. L.<feS.Fr.,lst prel....
6 134 621a
Do 2d pref
173 1741-2 C.dfcE.I.com stock tr ctts
2238 2234 St. Louis Southwestern..
49=8 501a
Do pref
49=,
Year 19U4
ror
Lowest
Shares
Do
54
28
75
Range
On basis
Week
<fcGr'ii Island.
St. Joseph
Istpref
17
26
Sal-esof
the
STOCK
EXCHANGE
Oct.
58=8 594.
11512 116
3234
931a
STOCKS
NEW YORK
16^3
Virginia-Carolina Cheiu..
Do pref
240
Wells, Fargo & Co
9134 92 14
eat'n Union Tele'gpli
107 1684 West'gh'seEl AM f g assen
Do Istpref
i
I
1
1
'
I
j
I
BANKS AND TRUST COMPANIES-BROKERS' QUOTATIONS
Unnk><
Wasli-H'litsTi
West Side^ ..
Vorkvilleli ..
Bid
Atk
Banks
Jiid
Ask
Trust Cob,
BROOKVrS
200
500
400
Manufaclrs'. 345 4
Mechanicsll 280 300
Mercliants'.. 130
Nas.sau
400
Nat City
290 310
BROOKLT.V
North
SIdei).
I'eoplo's^l
Bid
Atk
cm
Truat Co'n
Bid
Ask
FarmLo ATr 1300
l.-lfiO
N Y Sec ct Tr
Bankers' Tr. 325
Fifth 2\veTr 525
.'•)50
North Amer.
Mowl'gGreen 2024 210
tiuaranry Tr 610
Guardian Tr 155
640
N. T.
Itroadway'J'r. 153
(•IK'tyli&I'T 525
225
290
(Neutral Tr'st
l.'^O
(Colonial
320
Oommonw'lh
tftOH,
lll.'.O
(Mty'lYuHl... 280
550
2000
286
330
Knick
166
'rb'k'r :iOO
Lincoln
11-...
Manhattan
..
345
175
Bid
IVuHt Co'a
N Y LifcfcTr
64
250
325
StaiiriardTr't 330
Tr Co of Am. 470 17.^
Union 'J'ruxt 360 1400
135
IT 8 M g & Tr 4
Unit Stales 1425 1460
Van N'di-nTr 2(M) 205
\V;lmIiiukIou 390
I
Truat Co's
Bid
Atk
BB(X>KLT1>
i
R(ial F.St Tr't
1
.-.00
Ask
lono 1030
2.'-.
Brooklyn Tr 390
Flallni.-th ...
•200
Franklin
Ilaiiiitou...
325
306
KiligH (;o
4110
...
.
..
350
326
L l»l LcteTr 280 300
1010
NasKiiu
t253
210
l'*-(ti)li:'H
305
.Metropolitan 605
Kar<t^m Tr
200
615
216' 230
Con'yI&HB', 140
Wiliiamsb'g 230 260
Monoiri"ru8i (875 890
Windsor
tl9734
Unionll
Krapire
160
170
First
380 400"' Wallaboutll
M lit. All lance 205 226
KqintableTr 650 665
155
• Bid and asked prices; no sales on this day.
c Uz dividend and rights,
t Ux rights,
4 Less than 101) snares,
1 Sale at Stock JKzchan ge or at aacUon this week.
divideniL
'j
« Trust Oo. oertiaoato.s.
Kx stock
tlauK.n m^trkod with * parai^rapU (H) are StAte banks
Boron ghl)
I.-'
Broa<l wayl, . 300
BrooklyiiT; .. 120
150
17 lb Wardll.
.Spraguo
200
136" Stuyvesanti 185
.
Mercantile
..
.MercliantJ)'..
990
N
N
New York
Stock
Exchange— Bond
October 14
Bid
<iovrminpnt
K.
(.'.
January
!;
V s
cou8olcoupi>maU.<UU:{(i
'j8
y
Jiii/h
Mo Low
Jili/li
104'4 105>4 105 '4
104 ^ lOO", 100 >4
AuK'04
Mar'04
105 107»4
1 05 '4 106 »4
104 ".i 106
106 '4 106
10
105>4
Aug'04
104«fc 1063<
/il907
10534
J'ue'02
105
105
lOOialoV
100 4 107
105^ Sep
'04
Sep '04
I31\l32i4 1314 Aug'04
110
111
111
19'2:'
108
104'elo7'«
100 '4 108 '4
10638 108
131'8l32'b
1314 134
1003b J'ly '04
106" Oct '04
13O0fel31'4 131
IH'if)
Pliilippiue islumls 48.1914-34
uo>«
11134
ForciKii (•uveriiMicnt
1.. M-S
t93>4 ..
1 95 4 Feb '02
arp prici S 071 the 6a sit 01 lour marks
Oct
91
lull
paUl
Sale
90
914
Japanese Govt G» ctis
»s
Hepub of (;uba f)8 clfs lull paul Sep 102-"'8Sale 1024 10234
139'.!
97
4J'ly
'04
01
v-J
t
4
994
01
Mux
ICO
6s
t97
I)
a
s
f;
*•/ uese art pr ices
n the
Frauktorl-ouMaiu 3 4s spr
'I'hesf
t
to
98-.'
72
I
>iatc Si'curUifn
Alabauia class A 4 to 5
1900 J-J W2h
10.:^
1901. J-J
19Uli J-J •100^4 103
B6s
C 4s
Class
Class
Curreucy luudiuf; 48
Pist of Columbia ^'lios
l'.*2i
J-J
19'J-i
t-A
Louisiaua uew cousol 4s. .1914
JJ
U»'ull94
1013b
iSniall
KorUi Carolina cousol 4s.l91(J J-J
191',i
bs
AO
80 Carolina 4 '28 20-40
1933 J-J
Teuu new settlement
38. .1913 J-J
J-J
Virginia tunil debt 2-3s... 1991 J.J
68 deferred Brown Bros ctfs.
Small
98410234
1 97 4 1004
0/
102i4Sep'04
109 '4 Oct '00
$blo X.
102
10234
102 4Mar'02
lU
Mar'02
Mar'03
121
102 '4 J'ly '04
109 4 ten '99
102 14 105
102 ^4 1054 102^4 Sep "04
130 4J'ly'0J
120 Mar'OC
90 4 97
96 Oct '01
*944....
95 Aug'04
96=8 97
y6'4Sep'04
6»«
ne do liar.
90
95 4
74
63*
634
10 1
10
1024
US'*
97
95
95
914
64
96I4
7
Uuilroad
Alabama Cent Hee So Ry
laba Aiiiil iSVe At Coast Line
Albany <t Susii bee Del iS; Hud
Alleglieuy Valley iecl'eun KU
AUeg & West isee Butt K & P
/tl996 Q-J
Ann Arbor ist g 48
Atch T & a Fe gen g 48...1U95 A-O
1990 fVO
Kepisl ered
/tl990 Xov
Adjustment g 4a
H
Series D.19U6 F-A
ll'io
K
F-A
A
1913 F
g 4s..l9'28 rvi S
1st 6S..I9I0 Xi-8
Atl Knox <fc ^or 1st gos..l94(J J -D
Atlantic Coast 1st g 4s./i.l'.'0',^ iiS
Charles <fc Sav 1st g 7s.. 1936 J-J
S»V k <fc VV 1st gold 6s. .1934 A-U
1934
Ist gold 58
Ala Alid 1st gu gold 6s 192b .\l-N
J-J
\V
ist
gu
lU3b
Bruus <k
g 43
East Okla
Cliic
&
St
I)iv Ist
SaSpOcaAsG gug4s
Austin
191S J-J
Dauv bee South Ry
Yatllc 6fe South Ry
&
&
\V i>'eeSou Pacilic
Kalt Ohio prior 1 g 3 "28. 1925 J-J
Registered
;tl920 y-j
/tl948 A-O
Gold 4s
ifc
&
"95" lol
96
1U2
102 3>, 142
10334 Sep '04
'.^5
97
973,
82 4 Jau '04
t)5
95 4
99 Aug'04
Sale
90
95 "^
99'*
06
974 98 4 97 4 Sep '04
9518 974 9034 Oct '04
97*4 Sale
974 53
90't,
91^8
96
98 '8 104
99 10334
8714 98
82 4 82 4
87 4 954
98 100
974 974
9634
9634
92 14
99 '4
1,0111s
AC
Atlantic
Atlantic
Sale
102^8 Sale
A1995 M-N
Stamped
Debeuiuns 48
Series
Series
95
/il99i X<iv
Registered
1124
112 Sep '04
112
98 4 Sale
983^ 266 91
98 4
137
120
111
II414
90
98
97 '4
125ibNov'03
U2'*8 Jan'04
114 Aug'04
93 J'ly '04
9734 Oct '04
112
100 •'8
112»8ll2-'^
114
93
9734 98
109
93
JM
9534 Sale
58 92Tg
96
Sep '01
921^1
103 4 139 IOOI4
1004 100 4 3 100
geag
93
i034 Sale
964
95 '4
10134
10334
IOII4
1911 MS 101=^ 102
Conv deb 48
9236 Sale
PJun<feMDivl8lg3»2sl925 M-N
92^
9918
991.
P L E & WVa Sys rei 481941 M-N
bonthw Div Ist g3'28...1925 J-J
91'8 91'^
103
101 14
923j
Registered
/i,194b
y-J
;il92y y-J
Ist gu s 58..1919
CenOhio R Ist cgJiiS.. 1930 M-S
PitU Clev & Tol 1st g 6s 1922 A-O
Pitts & West Ist g 4s. ..1917 J-J
J P
<fc Co certfs
Bat Creek <fe s bee Mich Cent
V C €&
Beech Creek Hee
Bellev
Car bee Illinois Cent
Bklyu
Moutank bee Long i
West bee Atl Coast L,
Bruns
Erie bee Erie
Buttalo N V
Bultalo R <fc P gen g 5s.. .1937 M-S
Registered
FA
Mouon Riv
M
&
&
&
N
102
90 14
106^
105
108^4
108
118
100
11
Sale
10114
9238
5
12
99 '4 llO
56
917fc
J'ly
'04
9936
92^
1194122
100
Sep
87 14
105 41054
108 109 4
94 Mar'04
100
100
874
924
'01'
4Mar'U4
Sep
97
98
100
'04
loo
100
H
&
1174Aog'04
113
Allifc
Cl<fc
West lstg4sgu..l99S A-O 100
110
Ist gugOs. ...1943 J-J
Roch
122
Mah
& Pitts 1st g 08.. .1921 FA
Cousol Ist g Os
1922 J-D
Bullaio & Southwest bee Ene
123^4
1134117%
103 Apr'9';
121 4 Mar'04
1204
1274 123'4Ang'04
12141214
12118 124
99I4 20
99' Sale
9=534
<& Susq ist ret g 48.cil951 J-J
Bur Cedar R <te l^o Ist 53.1900 J-1) 103 loa^e u3 Sep '04
101 >, lOS'a
A-O
117
122 Sep '04
Con Ist <fc col trust g 6s.. 1934
1154122
Registered
1934 A-O
120 4Mar'()3
CBfF<fcM Wlstgu 58.19^21 A-O 110
1124Sep'04
11041124
M & St L, l8t gu g 7s 1927 J-U
Bun
1
Cmnada South
1908 J-J
1913
Registered
1913 iVl-S
Carb & Shawn bee 111 Cent
Cent
Carolina
ieeSeab Air L
Carthage & Ad bee is i' C & 11
Ist 58
MS
.^2d 58
104
107
10439 104
Sale 107
107
104
107
102 4 106
104Ss,109
If
106
J'ly '04
K <fc N bee B C Rcfc N
Cen Branch U P l8lg48...1948 J-D
Pi's
Branch
liy .s^eilo P.ac
Cen
Cen RR<fe BolGa col g 58 1937
1124
Sal.
1114
Cent
120',
1
Ced R
107 4
la
.VI-
ol tia
RR
lat
Consol gold 58
Registered
g 58..pl945 b'-A
1945 M-N
1st prel income g 58
2d prel income g Ss
3il i)ref income g 5s
Central
95
1133^ Sale
194;" .M-ri
pl94r Oct
pl94; Oct
;)194r Oct
Mid Oa<k All L)iv 58
Mobile L)lv Istgos
87
614
484
Sale
Sale
Sale
'JO
Sep "04
-j
112»8
1J24
Sop
'04
1133>.
90
3 10658
96
1124
11641203,
120 103 '4 11 33b
107 a'uc'04
106 4107
82 'a
88 398 0534 >.8 4
53 4
03 650 28
63
300 18
51
334
51
ot
N
J (cen'l gohl
194'
1946
68.1987
RegiHlertil
Am
Ask Low
Ga,—(Continited)
Oiv )iur iiiou g 4H.1951
.N'or lilv Ist g 6».1946
Dock
/il987
Imp gu 5H..1921
Le<fc Hud R gengugSs 1920
Leh <fc Wilks B Coal 5s. .1912
Con exl guar 448
(/1910
N Y<& Doug Br gen g 48 1941
ck
Cent Pacittc
Clias&Sav
bee So PaciHc
,Sf«
All Coast Line
1939
1992
1 992
Registere<l
RA
1054
Aug'04
107
L^Ct)
132 '4
114
131'(.
128
132-4
1-^7
lU
107 V
'4
1.34«»
4133
111>« 114
'4
Sep ''04
102
10334
1024
100
103
108 J'ly*04
1114J'iy'04
12<»
120
103
109»4
108^8
120 Sale
1144
1174
I0534 Sale
I053e
4
1024
964
103
112
102 4
98 4
103
4
83 4
81
1094niHi
16 11434 120
l! 113
1174
118
10534 118 1004 108
Apr'Ol
May'03
Oct '04
Sep '04
IO64OCI
95 4 Sep
994103
.-,3
98>3
94 >4
"02
'04
95 4 "95 "i
el4
744
4
814
wS"*
8l\<
Apr'
10434 Apr'OO
f5334
101 Sale
94'6SaiD
105^8
108
1
101
99 102
100 91
95
95'4
90 4 Apr '04
90 4 91"^
10534 Aug'04
105 10534
iul
9438
lo7
Apr '04
10934 10^^34
102'* Sep 04
107
107
105 Dec '03
100=8 102 >»
103 4 107
1093,
,
1004
Sale
98
10034
Feb '04
105 lOS"*
11218 115
10538 1U8»«
129
129
1144120
Il2'4ll7
131
1314
II5I4II7 116 4 116 4
llOSg
109 "a J'ly '04
177 184 4 177 4 Sep '04
110^4
UO'sSep 'U4
1094
110
110
109 4J'ne'04
95
97 4
974 97 4
1264131»9
131»8
1164
1164Apr'03
'.194
113
116 Apr'04
11234 Sep '04
sale
117
112
117
112
11141164
108 109 4
169 1774
109 llO'g
I0714IIO
10941094
97 '4
11434 117
10934 11134
137'2J'lv'99
11638 1184
106 106
169 169
11641171, 11734 May'04
106'8
106 Aug'04
177
169 Mar'04
115>4
113 Aug'04
IO7I4
106 Sep '04
11134
HI
1164
987g
11538119
109=^11234
117
1111, Aug'o4
132
I00>4
100
108 108>4 108'4 IO8I4
112 114
ll2'«0ct '04
10738
107 4 Sep '04
132
129 Apr '04
120
1201sl20»4 120
115'8
120 Dec '02
11814
117 Sep '04
1124 11140ct
1114 111 Sep
1150b Sep
Sep
1163, Sep
128'8l30 4 130 4 Oct
113
118^4
112
1124 113
106 107
IIOI4 112»g
10934 112
114 116i«
11034 112
114 '4 117»8
1-^7=8 130 4
'04
'04
'04
'04
'04
'04
10234 105
102=8 102=8
964 100i«
104'8J'ne'04
102=8 May'04
100 Oct '04
103 NoT'98
117 J'ly '04
'100>4
llli»118
1114 Dec '03
109
110
107
105
104
1054.
114iflJ'ue-04
104>«
1104
10834 10834
1154 lis
1144 116
.
106
10434
Iu33<
11034
1293^.
11734
1303,
13034
101
1054106ii
.
05 4 M«y'04
105=8 Nov'03
10934 J'ne04
129^ Sep
.
11734 Mar'04
J26\l'293s
11714118'e
NoT'02
1
.
10941124
'04
142 4 Feb '02
.
1
.
3 1 34
Dec '03
Ayr '04
1234
103
109
125
12218
10434 105
1224 Aug'04
53 101
104 4 105
.
10
974
954
87
14
121=8125
120 1221*
Jan
Sep
'03
'04
J'ly '04
1051a
IOII4 10l>4
MaT'Oi
May'04
May'04
97
96
93
90
103"fiJan'04
103
97
96
93
90
97
96
93
90
77'. 054
76 4
664 78
7034 76 4
7ii4Sep '114
89
86
b7 313 73
104=8 105
105 Oct '04
95
94
77 >4 Sale
Sale
1054
104-'4
1
103
103
Sep '03
J'ne'04
107
101
1918
I €$: Pac RR 4s. .2002
2002
Resi.sleied
1913
Coll trust gold 5s
Choc (Jk <fc G gen g 5s .ol919
1952
Ceusol gold 5s
Des M it Ft D Ist 4s.. ..1905
1905
Ist 2 4s
1905
Extension 4s
1923
Keok <S^ DesM 1st 58
107
106
1044.
.
1911)
106
104
104
107 4
.
.
1905
1910
1915
10814 llOia
Mar'04
J'ly '04
.
lloi*.
10634
11734
11634
106 4
J'n6'04
Mar'04
1104 Oct -04
IO834 Jan'04
118 J'ly '04
104 4.
1 98.S
K4s
P48
Chic R
li»7'4
83
833,
81 4 Sale
MUw&
..
92 4 9'i>»
1U4 1U4
I0<!i4
954
M
H 48
M4s
92 4 May'04
104 l<eb'u4
102 J'ue'99
110
W
4s
Hluh Ao Low High
92
95
104
103
10^
134 '8l34>«
132 '4
114 Sale
103
103 '4 1043,
101
101
112
Craig Valley Ist g 58. ...1940
A Div Ist con g 48.. 1989
2d consol g48
1989
Warm Spr Val lHtg58..1941
Greenbrier Ry Istg^ g Is '40
Chic<fc Alt RR ref g 38. ..1949
Hallway 1st lien 3 '28... 1950
1 950
Registeretl
Chic B & y— Ch <fe laD 58 1905
1922
Denver Div 4s
1949
Illinois Div 34s
194*
Registered
1949
Gold 48
Iowa Div sink fund 58.. 19 19
1919
Sinking fund 4s
Nebraska Extension 48.1927
1927
Registered
1921
Southwestern Div 48
Joint bonds bee Great North
1913
Debenture 58
Han <fc St Jos consol 6s.. 1911
Chic <fc E lU Ists 1 cor 68.1907
1934
Ist consol g 6s
1937
General consol 1st 58
1937
Registered
Chic & Ind G Ry Ist 5s.l930
Chicago <fe Erie 6'ee Erie
Chic Incfc Louisvref 6S...1947
1947
Refundins goldSs
Louisv N A & Ch Ist6s.l910
Chic Mil & St Paul con 7s 1905
1914
Terminal gold 5s
General g 48 series A..el989
el989
Registered
GenBral g 3 4s series B.el989
1921
Chic & LSuDivgos
Chic& MoRiv Div 5s. ..1926
1910
Chicife PacDivOs
1921
Istgos
Chic<fe P
1916
Dak<te Gt SogSs
1924
Far & Sonassu g 63
1910
Hastife D Div 1st 7s
1910
I8t5s
1908
I& D Exten Ist 7s
1919
Lacrosse & D 1st 58
1910
Mineral Point Div 5a
1910
So Minn Div IstOs
1909
SouthwestDiv IstOs
1921
Divg5s....
W18& Minn
L 68.. ..1910
Mil & No Ist
1913
Ist consol 6s
1915
Chic <fe Northw cons 7s
1886-1926
Extension 4s
1886-1926
Registered
1987
General gold 3ias
»1987
Registered
Sinking fund 68. ..1879-1929
1879-1929
Registeretl
Sinking fund 5s. ..1879-1929
1879-1929
Registered
1909
Debenture 58
1909
Registered
1921
Debenture 53....
1921
Registered
1933
Sinking fund deb os
1933
Registered
DesAIo&Minn 1st 7s. .1907
Madison 1st 6s. .1905
1910
North Illinois Ist 5s
Ott C F & St Paul Ist 5s 1909
Winona <fe St Pet 2d 7s.. 1907
Mil LS&Wesl 1st g 6s 1921
Ext <fe Imp 8 fund g 5s 1929
Ashland Div 1st g 68..1925
1924
Mich Div IstgOs
1907
Convertible deb 58
1911
Incomes
Chic Rock Islife Pao 6s. ..1917
1917
Registered
1988
General gold 4s
K egistered
CoU trust Series C
Since
K7. January 1
Co
dies <& Ohio g 68 ser A../il908
Gold6«
al911
1939
Ist consol g 58
Registered
General gold 4'a8
Hang*
Week's
Hamje or
Last bale
J^tee
fri/tay
October 14
ol
Mac &
Cent
107
/il9l)7
S 48 reirmiereil
U S 48 coii|i<iii
Low
UO.NDS
8TOCK EXCHANGE ?!
Week Ksdim; octobkk 14
N. Y.
J
J
/clitl
U .^ ;)h reKiMlereil
till lb
U S 3s coupon
U S a« rev snmll l»onit«..fclt»l^
U S :Js 0)U Hiiiall buull8..fcl91^
S 4» re^'i!<liif<l
S48Coui>oii
A
ha(;es
Cliatl
coiisol rett'tlereU.iiUKiO
ilUUiu
'^» 001180I C/OiipoiJ
2h coiihuI Ti-'ii <nual\..d\M'Mi
2l^
1/ :^
V
U
JJange
Since
Last bale
Week's
Y.
U b
U
lianiie or
I'riet
STOCK KXCHANOK
WekK KmiiN(. OCTOBIUl 14
N
Weekly and Yearly
Record, Friday,
KOUK
ot;ci;i*YiNG
,
1037,
'8
95»4 0ct '03
991,
96^8
99
106
,
,
'04
'04
10034 J'ly '04
95
98
Sep
Jau
95
95
9334 98
104410534
nil.<^CEI.I.ANKOLIs» BONU."s—Contiiiuea on Ne.xl Pa»:e.
rSlreel
Unilway
Brooklyn Rap 'I'r g 58
1945
ist refund conv g 4s
2002
BkCily Ist con 58.1916, 1941
Bk(^ Co& Scongug 53.1941
Bklyn Un El 1st g 4-5s.l950
Kings Co El let g 48
1949
Nassau Elec gu g 48
1951
City & S Ry Ball Ist g 68.1922
Conn Rydt 1, Ist <fc rol g4 4» '51
Den Con I'r Co 1st g 5s. ..1933
Den Tram Co con g 68. .1910
Met Ry Co Ist gu g 68. .1911
Dot Cit St Ry Istcoug6s.l905
Gr Rapids Ry 1st g 58...al910
Louis Ry Co Ist con g68..1930
SSireet
A-O
1054107
1054
J-J
J-J
84 '4 -Sale
108 4 109
81
M-N
F-A
K-A
J-J
105
108
Salt
93 Sale
JrS'bSale
106
25
8438''2007|
10S34
109
101 '4 Sep '04
li)7''8
•.f3
8734
108"*
',13
88
99I4IO63J
72'(,
843t,
10738 110
100 106
4(>'
I'-il
100
82
108\
79I4
93
89
90
98
J-I)
98
95
J-J
AO
JJ
Sep
"04
J'ne'OO
J-J
J-J
100
103
Nov'Ol
109
Mar'98
J-D
J-J
Railway
Ry—fCofURef g 4s2002
Col<fe9thAvl8tiru g 58.1993
Lex AV€fcPFlstgug5s 1993
Third Ave RR con gu 4s 2000
Third Ave Ry Istgos. .1937
El(Chic) Istg4s.l938
Met
.Mil Kl Ry & L 30.yr g 53.1926
.Miiiu St Ry Ist con g 5s. .1919
StJoRy Lt H&P 1st g 58.1937
St Paul City Cab con g 58.1937
Uniou El (Chic) 1st g 5s. .1945
United RRsSan Frsf 48.1927
Unuwl Rys St L 1st g 48.1934
\V Chic St 40-yr cons g 5s. 1936
Met St
WS
A
91
M-Sl 117
s
Salp
91
Oct
'04
J J
96 4 Sal
ll."'\Sep'04
9634
\iG\
11734 ....
117 4 Oct '04
106 '4
94
106
110
J
J
.^t
N
J
J
A
A
J J
.U-N
115'4
.---
.
110=8.
83 4 Sale
8318
Has iiD<l Electric Uicfat
Market St CRy Ist g 6s. .1913 J-J
Met St Ry gen col Ir g 5e.l997 FA U6'4 Salt llG'g 116'4
1124 ue^b Atlanta G L Co Istg 68.. .1947 J-D
bway<fe7thAvl3tcg53 194., J-D 1164
116 4 Sep "04
117 117',
11214 llO"-. Bklyn U Gas 1st con sr 5s. 1946 VI*2iopno« Friday; UteMpnoe Uiu week. aI>ueJan d Doe Apr « Due .day y Due J 'ua A Due J'ly /c Due Aug
Due Oct
.
91
1194 117
J J
F A
F A
.\1
J'ue'04
I
9234
89
1154119
114 11734
62 9338 9634
116
94
121
95
110
HO
Oct '99
J'ue'02
110 J'ly '04
109 4 Dec "99
83
83 4
8618
86 4
99 Dec'97
11714
60
117i«
754
86
79 1« seHi
2 II2I4II7I4
p Due Nor «Option
sale
.
8
3
.
.
Oct.
BONOS
K. T. STOCK EXCHANGE
Week
Ending October 14
L&
Ohio St P M
See Penn
Pitta
iYtce
Wee/c's
Sange
Prtdav
October 14
Range or
Since
Last Sale
Ask Low
Bid
CJhic&StL, ^ee Atch T cfe Sa Fe
Chic St L & N O See lU Cent
Caiic St
1627
Bond Eecord—Continued—Page 2
15, 1904.J
High
January
=;>:
WEEfc Ending Octobee 14
1
Low Migh
A'o
•IS
IJO.NUS
STOCK EXCHANGE
N. Y.
t£rie
&
Pitts
s.s
Price
^A.
October 14
Bid
Penn Co
<S'ee
As/c
& T H 1st cons 68.1921 J-J 122
1942 A-O 106
Istgeneral gold 6s
Mt Vernon 1st gold 68. .1923 A-O 103
134'8 13514 1341a Sep '04
94
Cons 68 refluced to 3 iv8.1S'3<> J.D
OhStPtfe Minn lets 6s 1918 M-N 138 »8
Nor Wisconsin 1st 63. ..1930 J -.7 131»8
P&S
City 1st g 68. ..1919 A-0
8t
Chicago Ter Trans g 48. ..1947 .T-J
Inrt sen s(;s?1932 Q-M
West
C1UC&
MlcU See Pere Marq
Chic <fe
W
Choc 0<fe Golf &'eeCRT&P
Deo '03
93
131
12m
80
78
Feb'04
12934 Mar(i4
123>i2J'ly'04
80
78^2
111 Is Apr '04
112>9
13018 1341a
Since
or
Januaru
Low
la
Sep
'04
106
112
J'ne'02
107
J'ne'04
105
Mar'9S
1
Low High,
High
106
116
101
1211a
1071a
107
107
Soil
13014 131
129=4 129-)4
120 1231a
60 721, 82=4
110 IIII4
104i2Dec'03
113 Oct '00
99 Vj
100
Co Branch 1st g 5s. 1930 A-O
Ind IslcoQ gu g 6s.. 1920 JJ
& So see Ch <fc ^t 1>
r lint <fe Pere 51 See Pere M ar
Fla C & Penin See Sea Air Line
Fort St U D Co latg 41-28.1941 J-J
1921
<fe Den C 1st g 68
B^
& Rio Gr 1st g 4s. ..1928 J-J
Ft
Range
Last Sale
121
Evans
Co
& O con 68.. .1930
Range
Week's
Friday
Ev
&
M
L''urgo
W
W
lalHar&SA
105
JD
IIOI2 llOiaOct '04
84 la 85
iSeeSoPacCo
/
Oln H <fc D consol s f 7s. ..1905 A-O
103 Sale
I Tal H & H of 1882 l.st 5s. 1913 A-O
1937 J-J
2clgold i^a
114B8
113i4J'ly'04
Sea A Line
Ala
See
IVI-K
ini4ii8Vi
&
Georgia
CinD& I l8t srug5s...l941
96
98
08 Oct '04
97
99 la Ga Car & Nor See Sea A Line
Ist gn g 48.1953 J.J
Cin I <fe
Georgia Pacitlo See So Ry
C I St L & C See C C C & St L
GUa V G & Nor See So Pac Co
Oln S <fe C Se« C C C St L
P
Gonv & Oawegat See N Y Cent
Oleartteld & Mali See B R &
100
102
19 96=8 102 14 Grand Rap & Ind See Penn RR
•^ev Cin C <fe St L gen g 4s 1993 J-D 10;kHil02
'04
1
101»8
100
J'ly
1939
9934
10
Gray's Pt Tei-m See St L S
J-J
14
Cairo Ulv 1st gold 4s
08 14 Sale
y8i8J'iy'04
98 "u
9818 Gt Nor— C B & Q coU tr 4s 1921 J-J
98
Cin W<fc M Divlstg 48.1991 J-J
la
102
101
Sep
'04
1921 Q-J
9934
Registered. ft
nn
St LDlv l8tcol tr g48..1990 M-N
100 Oct '04
Greenbrier Ry See Ches & O
1990 il-N
99 100
Registered
9314,
102 Dec '02
Gulf &SI Istref <fctg6s bl952 J-J 1031a 104 la
Spr <fc Col Div l8t g 43. .1940 M-S
93
94*2 Ang'03
Han&StJo SeeCB&Q
Val Div l8tg48...1940 J-J
107
105
Jan
'04
ousatonic See N Y N H <fe H
1920
106
105
68..
M-N
C I St L<fe C consol
101 >2 Sep '04
...A:193G Q-P
100 la 103
Hock Val l8tcon8olg4i3S. 1999 J-J 109 4 Sale
l8tgold48
1999 J-J
Registered
fel936
qv
Registered
116i4J'ne'04
IIO1-JII5I4
C0I& H V Ist ext g 48. .1948 A-O
Cin S<fe CI con 1st g 5s.. 1928 j-j 112
I2II4.
J'ly
'03
120
See
So
Pac
Tex
E
Honst
<fe
1914
78
J-D
OC C& I consol
1914 J-D
Houat cfe Tex Gen SeeSoPacCo
Consol sink fund 7s
'04
131
Sep
130
Central
let
4s..
1951
J-J llOia.
1934
128
gold
6s.
130
g
J-J
Illinois
General consol
1951 J-J
Registered
1934 J-J
Registered
98
104>aNov'01
3ias
061a.
1951
J-J
latgold
48.1940
pret
1st
A-0
Ind Bl &
98
1951 J-J
Registered
l8tp£58...<a938 Q-J
O Ind*
Sale
98
1951
^Sh
Hz
IstgSHiS
AG
..1940
95
10034
Extended
48.
981a
1st
con
East
A-0
Peo<fc
70 Sale
70
69
1951 M-S
1990 Apr
58
70
l8t gold 38 sterling
Income 4s
112 la Feb '04
1952 A-O 104 106
112iall2ia
CoU Trust gold 4s
CI Lor & WU con Ist g 5s.l93~ A-O 114>4
1952 A-O
Registered
Clev <fe Marietta See Penn RR
116 Feb'04
116 116
LN 0<fe Tex gold 4s.. ..1953 AIN ibi" ;;";
ClOT <fe Mahon Val g 58. ..1938 J-J II6I9.
1953 M-N
Registerea
Clev <fe Pitts See Penn Co
67 14
67 Ja 68
68 Hi
1950 J-D lu5
1947 J-J
56
Cairo Bridge gold 4s
Col Midland 1st g 48
681a
87 Sale
961a.
86 "a
Iiouisvllle Div gold 3 laS. 1953 J-J
871a
82
Colorado cfcSonl3tg4s...l929 F-A
891a
1921 FA 108
Middle Divreg5a
Colum <fe Greenv Ste So Ry
1951 F-A
Omaha Div Ist g 33
Ool A Hock Val See Hock Val
7934,
1951 J-J
St Louis Div gold 33
Ool Conn & Term See N &
1951 J-J
Registered
Conn <fc Pas Rivs Ist g 48.1943 A-O
95 14.
1951 J-J
6'ee C M & St P
Gold 3ia8
<fe Gt So
1951 J-J
Registered
alias & Waco Se« M K <fe T
109i8Oct'04
93
108 "tj..
109i8ll2'>8
Spring Div Ist g 3ias...l951 J-J
Del Lack * Western 78.. .1907
129 >2..
130 J'ly '04
Western Lines Ist g 48. .1951 F-A 104 14 io8"ia
Morris& Essex lst7%... 1914
1271a 130
lai's..
130>aAug'04
128 '8 133
1923 J-D 115
1915
BeUev & Car Ist 6s
l8t conaol guar 78
'98
''•
140 Oct
1915
Carb & Shaw 1st g 48... 1932 M-S 114
Registered
2000
Chic St L <fe N O g 58. ..1951 J-D 1241a
l8tretgug3'-2S
129 ...
129'aAug'04
127 129',
1951 J-D II9I4
Registered
N Y Lack <feW Ist 68... 1921
1113*...
94
lllVjllnii
1951 J-D
1923
1141a J'ly "04
Gold 3138
Construction 5s
'04
104 Hj...
IOOI4 10534
10534 Oct
Registered
1961 J-D
1923
Term & improve48
10478 106J4 108'4J'Iy'04
108 14 10978
Memph Div Ist g 43.. .1951 J-D 106
Syr Bing & N Y 1st 78..1906
02 ...
102 Feb'03
St L Sou Ist gu g 48. ...1931 M-S 102 la 103 la
Warren 1 st ret gu g 3 i^s 2000
13612...
13334 Mar'04
13334 1 37 14 Ind Bl <fe West See C C C <fe St L
D«l <fe Hud 1st Pa Div 78.1917
130»4 ...
149 Aug'Ol
1917
Ist g 68
1935 J-J 108^
Ind Dec <fe
Registered
10334 ...
106 J'ne'04
1935 J-J 1083*
lOe 18 108
1st guar gold 68
Alb & Sus Ist con gn 78.1900
10214 ...
991*
104 M»y'04
1950 J-J
104 106
Ind lU & la 1st g 48
1906
Guar gold 68
103 Apr '04
Registered
1906
103 108
Int & Great Nor Ist g 68. .1919 M-N 1211a
142i«.
99I4IOO
146<^ 146'Vi
1909 M-S
2d gold 68
142 146S
Bens* Saratoga Ist 7s. 1921
Oct
84
102
10234 1101^
S5ia
71
'04
103
11)
101341044
W
W
WW
97»8
96=8
9i
506
104i4Sep'04
98H
901a
16
9612
90
98
105\
102
.
,
W
.
W
W
,
'
1
.
.
'
lOSia
1(15
Dak
.,
.
W
147'2J'ne'02
1921
Registered
Del Rlv RR Bridge See Pa RR
Denvifc R Grist con g48. 1936
1936
Consol gold 4128
IOOI2 101>4
104>4J'ly'04
10712 107<a 107>^
9938 99^4 9938
993g
10638
88
Consol and col trust 4s 1949
Utah Cent l8tgug4s al917
Bio Gr So gu See Rio Gr So
& S West gen s £ g 58 1929 J-D
90
97
Sep
Jan
24
May'04
KalAc&GR
M
'04
'02
KC&MR&B
D68Moi&FtD SeeCR&IP
921a 96 le
37
664
45
84
Aug'04
Mar'03
99i4 0ct 'OS
106
102
103
101
113 14
111
Y&
lie't
116<4Sep'04
lis
114
114 114
1123911334
10814 111
111 1141a
1031a 1031a
13118 I3518
J'ne*04
11334 J 'ly '04
1133«
1093gSep'04
HI May'04
103 >a Sep '04
133 Sep '04
130 Aug'03
99 14 100
39
98iaJau'04
Sale
8734
88 iSiJ
8534 Feb'04
"6
93
9234
03
109HillO>4
113>u
102 Vi
1331a
132 134
100 Sale
88
92
I26I4...-
125i4J'ne'04
104 1*....
122
122
loaVilOA'a 103
rssH...
132
118
KK Isi gu g 58 al90y
X/ong Dock conaol g 68.. 1935
Coal & RR l8l cur gu 6s. 1922
Dock & Imp l8t cur 6a. .1913
Y <fc Green L gu g us. 194(i
Jen
11312
N
113
lUiflllS
98 100
NY Su8& W Ist ref 68.1937
2d gold 4^B
1937
General gold 68
1940
Terminal Ist gold 58. ..1943
Regis !f5,0UU each. ..1943
Mid URol M J latg68.1910
Wilk<fc
J037g
116
118
lOS^e
111'4.
Ka l8tgug58.1942
96
(xnn and KIcctric Liglil
Gas 1st g 58
1947
Db G L & C Co
II6I4
la
100 "4
981a 98 iv
89
84
8534 8534
8884 95 14
125'-4l26i4
116 122
103 K13
130 132
113iall834
122
103
Apr '04
J'ly '04
l)3^Nov'03
1081a Jan '04
lUisOct '04
1131a Jan '04
108 la 1081a
109ialUife
98 lOlSg
101 la 104
113iall3ia
1034
May'04
llOialll»8
lUHi
1114
98 Aug'04
103HjAug'O4
1
1
J
DetroitClty Ga8g68
1923 J J
Del Ua« Co con Isl g 6s. ..1918 F A
Kd El lU Hkn See K Co E Life P
Bd lU S«e N Y G <& E L li & P
Bq G LN Y lat con g 58..1932 M S
Bq G Jb Fuel See P U <fc C Co
6«aA Elec Berg Co eg 58. 1949 J D
70
70
70
Bale
1867,
2
64
70 14
102
102
99
9934 991a
100
102 >a
106 J'ue'03
498 171^192
11
9534 100
6en Klectric deb
,;'-^s..l942 F A
Br Rap G LCo Ist g 68... 1915 F A
if
it
5.s..1!M9
J-J
1941 J-J
gu g
5s.. 1945
MN
106
1021a 106
102
101
93
106
101
i>&\
'4
81
8434
85»8
80
85a8
8608
94 14 Aug'04
101 Is Oct '99
93
95
8538
SSOg
Nov'OO
100
106=, I07I4
107>4J'ly'04
1241a Apr'04
90
119
Nov'98
Nov'03
11934
Mai '04
I24'al24ia
118
87
93»8 May'04
10418 Sep '04
102 "a Oct '04
106
Mar'04
107 la
98 la
122
99
70
Dec '02
lU-lg
11438
3734
Sep
Oct
119m
981,
1021a 104 ig
1021a 102 la
106
106
98 101
1185^122
97 IO0I4
'04
'04
99
Kov'03
86
87
87
71
711a
71V.
71 >«
63 Oct '00
1941
Leh VCoal Co Ist gu g 53.1933
Leh & N Y Ist guar g4s.. 1945
Registered
1945
EIC & N Istglstpf 6S.1914
Gold guar 58
19t4
Hud R See Cent ot N J
Leh& WUkesb See Cent of N J
Caney Val See Mo P
Leroy
Leh
10
1
09
86
1* 1 1
4=4
89
Oct
'01
90 "a J'ly
'04
61
89>«.
NoT'03
112
la
109
88
90
Dock See Erie
Long
lal'<i— let
J-J
M-S
M-S
A-O
A-0
con g58./il931 Q-J
/(.1931 Q-J
1938 J-D
1922 M-S
1932 J-D
Unified gold 48
1949 M-S
Debenture gold 58
1934 J-D
Guar ref gold 48
1949
Bklyn<fc Mont 1st g 68. .1911 M-S
lat 5s
1911
N V B&MBl8tcong5sl935 A-O
N
R B Ist g68
1927 M-S
NorSliis 1st con ggu."i8or.';)2 g-J
Louisiana & Ark lat g 58. 92
L.oui8V & Nashv gen g 68.1930 J-1)
193" M-N
Gold 58
Unified gold 48
1940 J-J
Regi8t«re<l
194U J-J
Coll tru8t gold 58
1931 M-N
6-20-yr ool tr deed g 4s. 1923
lat conaol gold 4s.
General gold 48
Ferry gold4ia3
Gold Is
MS
MS
Y&
1
KH
<fe
Nash
MS
AO
1st g 68
lOl'.i
J-D
117ial2'J'4
OS's
1(16
b
OrtV,
110
.
.
.
llS-is.
11118.
11014 .
97B8.
107
1201.;
1-2
J'ly '04
II514
1151a ISO's
llo-alUia
llliallO
107i4MftT'04
109 14
1091,
105 Jan '04
116 Aug'()4
109 la Oct '99
1 1
10434 lit)
Sep '04
Aug'04
1
99
107i«
107
105
116
105
116
107
92
111
99
.
1031a.
100»8J'ne'04
iiomis
!)8i-2
118
100»8lOO<%
&,
C
lat
gu g
lis..
2d guar gold 68
1st con gold 6a
Reliiuding gold 5a
1904
1904
1943
1947
1937
ChG-LcfcCkelat gugos
G Cool Ch lat gu g 5s.'3(>
Eq GA FCIi latgu k 6a. 1905
Mil KueUiaa lat gii g5«.1947
Syracuao Lighting lat g 6r.'51
C'ou
I
reiil-on
G
ib
'04
116
118
98
100
101 "a
102
no
II3I4
100 '4 10034 100»8
1071a
104
llOia
1081-2
1U71-2
103
'4
Sale
119=8
117
9678 1017,
J'iie'04
no no
1003,
13 100 1« 103
105i4Mar'(»3
112 Mar'OJ
107 la Sep '04
112 la Apr '02
103-',
103
lis J'ly '04
I07ialo7ia
22 10014 1041*
1 1
10l3f,
97
Sep
1
1
102
lOlTgllPlTg
J'ne'dl
ig
'4
98
64
1(12
1001-2 101 'e J'ne'04
113
1161a 116
U7
971a 97
114>4
114
5
1141-211534
11514 Aug'04
1011.2
10034
1
1
'04
35
09
96 14
11
991a
niia
114
87^1
90>9
liiglit
M
Gas
Oct
99 Sep '04
100
100
100 Oct '00
981a
100 100\ 100 la 100i<.
100
99
on .Next Pane.
Milwaukee Gas L Ist 48.. 1927 M-K
Mnt Fuel Gas Co See Peop Gas
N V G E L H <fe P g .,s...l04« J D
Purchase money g 4a. ..1949 F A
Ed El 111 lalconr g 5S..1910 M S
1.J
ibs^iiou"
109
Kings Co El Ldb Pg 5s... 193 AO lOSlfl
Purchase money 63
199 AO 12l7g
I22I4 Aug-04
Kd El 11 Bkn l8tcoug48 1939 J J
•.I6I4 Oct '04
UloGas LofSt L l8tg.^s.el919 Q K 109 14 110 109 'a 109 "a
* Mo pnoe Friday; latest bid and a«kedlhU week. aDneJan
AO
10934
10914
103=4
1201a
II6I4
11 4
rsi*
68
<fc
lyong
I'po
107^ Dec '00
106»4
120
11114
66
<fc
N
nil*.
118
A-O 1121a
Ist coUHid gold 68
1995 J J
NY€S;yi-:i l,ctPlstc<)nc5s]93(l F A
Y <fe Rich Gas lat g 58.19'Jl N
li.
kI
Wist g 5s. .1937
See N Y Cent
Lehigh Val (Pa) coU g 58.1997 M-N
L«h Val N Y lat gu g 4ias.l940 J-J
Registered
1940 .I-J
Leh V Ter Ry Ist gu g 5s. 1941 A
BONUS—Continued
See
1
<fc
iioM nn<l Klfclric
A-O
P O <fe C Co
Donnol (i»soonvdeb68
1909 J
PAD Gas Co See P G i& C Co
Budsiin Co Ga«
Erie
2d gold 58
NortJi Ohio Ist
l()6ialll'a
ftllSCELI^NEOU.S
Buffalo
Lake
Registered
<fe
101 14 102
Oct '01
106
Apr'04
1061a Mar'03
96=.
96
1 23
May'99
1950 A-0
L Sho & Mich S
1093* 1131a
11314 Sep '04
11338.
too
98
I^aslof Minn 6e«StPM<feM
Jast Ten Va & Ga See So Ry
Bun S W gold 68
1908
Chlc& Erie 1st gold 5s.. 1982
115
115
li;>i-2Mar'00
Kentucky Cent See L <fe N
Keok & Des Mo See C R I <fe P
KnoxvLUe & Ohio See 80 Ry
9913110
,
Elgin Jol <& East Ist g 53. 1941 WIN
Kim Cort <fe N o .See Leh & N Y
Erie Ist ext gold 4s
1947
2d ext gold 58
1919
8d ext gold 4 Hjs
1923
4th ext gold 5a
1920
6tli ext gold 48
1928
let consol gold 78
1920
1920
l8t consol g fund 7a
Erie Ist con g 48 prior. .1906
Regi8lere<l
1996
18t conaol gen Uen g 48. .1996
Registered
1996
Penn ooU tr g 4s
1951
ButlN
Erie Ist 78.. 1916
Apr'04
115
SeeStL&SF
Registered
W
&
11439 Sale
Kan C Pacific See M K <& T
Kan City Sou Ist gold 38.. 1950 A-O
36
24
Des M <fe Minn See Cli & N
110 Sep '04
Des Moi Un Ry Ist g 5s. .1917 M-N 108
Det M & Tol See L S & M So
9934 100
100 Sep '04
Det <fe Mack Ist Uen g 48.1995 J-D
i>6^j
95 ig Sep '04
1995 J-D
Goid 4s
43 Sep '04
1951 J-D
43'u
I>et Sou Ist g 4s
79
80
80
80
Ohio Sou Div Ist g 4s. ..1941 lyfl-S
Dul* Iron Rangel8t58..1937 A-O 113>aSale US'* llS^a
1937 A O
1916 J-J
Atl g 5s. .1937 J-J
J-D
31 lOSiallOi^
... 1051^10713
.-- 100i4l00'«
<fe
Den
Registered
2d 68
Dul So Shore
6s. .1938
9«34 101 la
1961 M-S
IO414I0414 Jefiersou RR See Erie
SeeLS<&MS
103 1071a
an & Mich See Tol cfe O C
94 101
91
K C Ft S <fe
See St L & S F
83
101 <4 Sale
Improvement gold 6s. ..1928
Bio Gr West Ist g 4s. ...1939
1921 M-S
3d gold 48
Iowa Central 1st gold
Refunding g4s
logig
J'ly '04
102
94
W
,
1.2
IOOI4 Apr'04
I-;!
1st s 58.
.1949
M N
J D
A
M S
J J
J D
J J
M N
J I)
M
.>
90i4J'ly'04
9114.
no'V
11 Oln
94
9434 Sale
10.!
la
llsia
104
105
ift
(t'2 I4
101'4
no
UOb
115
KU
Mav(l4
Mai-OI
1001-2
102
100
100
J'ne'04
lOlia
KUla
im
la
101=4 Aiik'(>4
l'jr.=4 Sop '04
124
103 Alir'<»4
103 78
108
lOH
1081a 109
lOHi-j 1071a l(i7ia
1071a
lyausep'oi
102 la
lOlia
1011-jOCt '04
97
105
105 lain
90
961)1
105=4 J'ly '04
120iaJ'iie'04
100
1
111
94 7,
1
09
1021a
'«
103
101
118=4 l-.'5^
103
104
1061a 1 09 >9
l(i7>«
104
10214
toi
lOlHlOS
Feb "01
Due Feb dDaeApr (Due.May /lOueJ'lr VDne Anc oDue Oct sDneDee
f ODtloo sole
—8
V
1628
HOM»
STOCK KXPKANOK
WkKK KNIUNf. OCTOBKR 14
N. Y.
LouiHV
<b
SnxUv—(l
LOlII & Lex
NOAM
O* M
N
i:*
fYiee
ItVr/.-d
Friday
Hanye or
October 14
ma
nutintieilj
A$k\how
126'-jAng'04
19>iii
Kolil :t«
MS
MS
MS
MS
ilu;'
Kill'
107',
1
X-Soiitli
M
1
'.».">
lu^t.iia
SAN
Ala con l'u i; 58..in;<r,
1910
Sink lund poldOs
liAJeft ft<lceC<)jniK4«..1946 M-B
AG
C
AL
LSAM
AG
MansW
Metroi>olitan El See Man Ry
Mex Cent consol (told 49. .1911 J-J
Iflt consol income k 33.(il939 J'ly
income p 33..al939
con.sol
Equip
A
coll (fold
Stamped guaranteed
Ist sold Os
Mich Cent nee N Y Cent
Mid o! N J See Erie
W
Mad
S
A
M
FA
105^4
1944
Ist ext gold 58
St L Div let ref g 48.. ..2001
Dal A
Ist gu g 58. ..1940
Kan C A Pac Ist g 4s.. .1990
115
117
DetMouATol
12
6
10
91
Sale
94
94
94
KaAtfeG Rl8tgnc58.1938
Mahon C'l RR Ist 58..1934
JJ.
J1934 JMcKee8ABVlstg6Rl91« J.
Mich Cent Ist consol 6s. 19091 M-
MoK AY 1st gu 68.1932
iVov
140
142
113
.
Il2<u.
115»H.
M-N
A-O
1906
1920
1st consol gold 68
Trust gold 58 stamped. ol917
ol917
Registered
1920
Ist coU gold 68
Cent Br Ry Ist gu g 48.1919
M-N
M-N
M-S
B of Mo 1st ex g 48.1938
2d extended gold 5s...l93S
Sgen con ir 581931
St L Ir
Gen con stamp gld g 5s 1931
Unified A ref gold 4s. .1929
Div Ist g 4s.. 1933
Eiv
1933
Kegistered
1st g 58.1920
Verdi V 1 A
Mob A Birm prior hen g 5s 1945
1945
Mortgage gold 4s
MobJ A K Cist cons g 53.1953
Mob A Ohio new gold 6s.. 1927
Isl extension gold 63..A1927
1938
General goia48
FA
Missouri Pacitic 3d7s
Chic A St
Registered
FA
LeroyACVALl8tg5sl92(5 J-J
Pac
MA
AG
W
Oct'C4
111 113
1201a 120
Jan '02
11734 118 Aug'04
95i4Sep'04
"a
104^4 Sale
88 Sale
104
118
95I4 98
113
98 la Oct '04
I0214
9II2
108^4
101»4 90
84I2 251
10434 96
88
Jan
Oct
10834 Oct
105
'104
109 Sale
12238
971a 99
Nov'Ol
'04
'04
'04
1043,
104
1041a Oct '04
102
91
lo6>-2Sale
108^4 Sale
10734
95 "-J 96
101 V2
103 105>.^
1157811612
115 >2 Sale
95 '•^
100 May'Ol
102 la Aug'04
115 la Sep '04
115
1151a
10934 Oct '03
92
921^
9518
95 »6
I22I2
X063,
96>a 10114
751a 841a
981a 10434
88
102
01
86
106 la 112
63 99
lOO^a
100 10514
80
102
1-,
109
109
122^1
106
J-J
A-O
A-O
J-J
M-N
M-N
M-S
J-J
J-J
J-J
J-D
Q.J
92 Ha Sale
95=8 Sate
100
112
95
119
128
119
106=8 1091.;
11838 1221a
6-^
104
109
IO8I4 108 10334 108'8
91J8 96
Oct '04
129
128
Oct '04
121
Apr '04
93^
91
96
W
TAP
LAN
New H A D ie« N Y N H A H
&e« N Y Cent
N J J unc RRBdge
See Penn Co
New A Ciu
N O A N E prior lien g 68 pl91
N Y Jikln & Man Bch See L I
N Y Cent A H Riv g 3ii2S.1997
11734
11414
113»s
-
10234 1041a i02\t Ang'04 .._. 100
78^4 Sale' 78
258 73
M-S
1884-1904 M-S
Registered
RegistdeL) 5s of.. .1889.1904 M-S
1890-1905 J-1)
Debenture g 48
1890-1 90o J-D
Rei-'istered
1905 M-N
Debt certs ext g 43
1905 M-N
Registered
shore
coUg
Lake
3^iS...1998 F-A
199b
1998
Mich Cent coll g3'as
1998
Registered
Beech Creek Istgu g 4s. 1936
Registered
1936
193C.
2d gu gold 5s
BeechCrExtlstg3'-2.sbl951
Jiegistered
103
79
%
lOOh, 1003fi 1^03 9684
100 Sep '04
98
'4 J'ue'04
100
1 00 'b Apr '04
10084
lOOi-iMar'04
1004
101 A»g'04
100
9913
FA
F-A
F-A
J-J
J-J
J-J
A-O
101
lOOia
100
99
12
101
lOOTg
9934
90 Si Sale
89
8934
SB's 89
1-..
May04
8934
88 "a
91
86
86
80I4
88^4
106'8J'ly'04
102 Mar'04
1061a.
Registered
Guar
Conveitilile deb g 58
Trust Co
Gr KivCoal
Jelt
1911
FA
ctf 3
AC Istg6s..l919 A-O
80
80
65
,
100
2d goUl 58
1926 J-D
J-J
J-J
58.1928
KocliAPitCA I purm 58.1946
Tenii Coal gen 5h
1951
Tenn iJiv 1st g 68
a 1917
Birm Div Islconsol 6s. .1917
Call C M Co 1st gu g 68.1922
De Bar C A I Co gu g (Is. 19 lo
Vlron Coal AC o 1st g 58.1949
100 la
101
N
WhaLK A PCC
*No price
J-J
97
A-O
108
J-J
111%.
J-D
100
104
72
M-S
lslg58.1919 J-J
73
95%
69
ii-j
Series
Series
Series
Pitts Ft
10034
80
'03
.
.
.
90
96
110 Sep '04
1 10
Sep '04
Ui2 l)ec'<i3
10414001 '04
73
73
32 Jan '00
Friday; latest bid and asked tnis week,
a
Due Jan
102
96
110
101%110
iboi-iioriii
66% 73
(>
Due Feb
'U3
96% »7%
11238.
116
.
109'>«112%
121% 122
121
J'ly'oi
100
Sep
1121
'03
1151a Sep '04
113
ll9>aAue'04
115%119'a
1151a
11334 J an '02
104 3?
10414
Apr '()4
IO4I4IO5
105
101
Mar'04
13184 Apr'03
1013|,.
101%Apr'04
lOO's
101
1031a
Sep
101
104
17
"94iisie
108«8
112
102% 108 la
10284
1023<
104 la
10434
10212
Aug'04
75
72%J'ne'04
97% Aug'04
125
132
100% 104
Dec '03
Sep '04
Aug' 03
Nov-OS
13284 Ang'04
74%
lUl
101% 101%
110
130
127
1021a
104%
'03
lOOia
100^4
9934 J'ne04
95
941a
Sale
104
10284 106
105
1231a.
1071a.
125
110
112%
12514 13234
96 la 10234
993,
9934
87% 95
112
99%
1
112
103
01% 105%
104%
7014 75%
6884 72%
97% 97%
101
122% ie»
J'ly'99
112i4J'ly'0.^
105iaApr'04
96ia.Vug04
89
94 Aug'04
11719120" 119 Aug'04
105% 108%
85
111
94
119
1151*115% 115% Oct 04
109 ...
113% Sep '04
110
111
115%
113%
110>4Sep'04
105
110%
102%J'ne'04
102% 102%
2d7s
3d 78
Penn RR
...
...
...
110%...
104 ...
WAG
931a...
/1I912
118%...
105 >a...
D
E
120%...
119%
1st real est
on Next
96% 96%
g
...
102 Nov'98
92 14 Dec '03
99i4 0ct '04
120 Sep '04
108
11""«
10534 1081a
96% 99%
lis
120
108%Aug'03
96
102
9584
Jan 04
Nov'oo
Apr '114
Aug'04
104^1 Oct '04
93 "a Sep "01
127% Oct '02
121 Mar'iH
119 Apr'l>4
107% Mar'04
110
94
J-J
96
9884
96
"98%
10934
110%
1114
110
110
lOS
101%104%
90
93%
121
119
121
110
104% 107%
Industrial
1915 Q-F
Cot Oil ext 4ias
J'ne'04
90
94
100% Apr '02
100% Oct '00
4s. .2397 tJ-J
2397
Registered
Erie T A T col tr g s f 58..1926 f.i
f
1918 M-N
Ists
g5s
.UelT A T
X Y A N J Tel gen g 58..1920 M-N
See
West
Un
Teleg
No Westn
West Union col tr cur 5s. 1938 J-J
1950
M-N
4
real
est
"as...
and
g
Fd
Mul Un Tel s tund 6s. ..1911 M-N
Manuincturing
Apr '02
Oct '04
10534 J'ue'04
I'aite
A
1st
102
110
110>4 .-.
UO-aAug'oj
11034 II2I2 110 Mar'04
g48.1923
1905
Consol sterling g 68
Con currency 6sreg...<7l905
111
Oct '99
10984 J'ue'04
10534
105i4J'ly'u3
110%
Sale
10534 sale
110%
110
107
109
10284
10534
101% 103
110%
106
10984 10934
105 110%
101% 106
J'lieOl
J'ly'04
107
100
107
100
87
103%
«.V
Am
Am Hide A L let stg68..19iy
.\Tn Spirits Mfg Isl g63.. 1915
Am Thread Ibt col tr 48. ..1919
Bar A scar Co Istg 68.. .1942
e
9534
96
96
1942
1945
48 guar
1949
3 "a guar g
Ist 7s. ..1912
1912
NortliwTelguf 4%sg..l934 J-J
9I84
Nov'03
Jan
y6'«M»y'04
9918
C guar
107% Gomm Cable Co
69% 80
102% 102%
121
139
103 14...
PCCAStLgu4ia8A...1940
1942
Series B guar
931a
911a
91i«
106>4Feb'02
105 Oct '00
M-N
FA
100-'4
Oct '04
78
80
102%J'ly'(i4
107 Mtiy'97
102% Oct
KanAHC AC Ist s fg5.s. 1951
f
100
1948
Scries C 3'a8
1950
Series D 313a
A Pitts gugSiasB. 1940
1940
Series C
A C Bdge gen gu g 4 las 1 945
Am
105
'04
100%
98% 10;%
99'si200
Feb '02
114
105% 106%
113 ...
113 ...
96%...
Erie
'i'elein'apli anil Tclcpbonc
Tel coll tr 43 1929
Telep
80
Sale
AClearCA Ilstg5s.l926 J-D
Picas Val Coal Istgs
1921
trust reg.1937
certif's gu g 3128.1916
St L A P 1st con g 5s. 1932
1932
Registered
CI A P gen gug 4 las ser A. '42
1942
Series B
BONDS— Continuerf
Nov'OO
107% Oct
10884
101
loei* J'ne'04
1061a Nov'OO
95
97
60
100 '4
109 Is
106
92 14
92 14
99 14 100
11334 120
Ist g4'2S. 1921
3 las coll
Gtiar 3 las coll tr ser B...1'J41
C'onI
1
109%
105>4
10334
102^2
Sink fund subsidy g 68.. 1910
Penn Co— Guar
.
iUiSCeL.l<AMEOll!!»
9934
la
'tH
98
9834 101
ac of Missouri See Mo Pao
1st s fund g4iaS..1917
10734
91 Hi.
and Iron
Col C A 1 Dev Co gu g 58.1909 J-J
Col Fuel Co gen gold 63. ..1919 M-N 105
Col F A 1 Co gen s g 5s. .1943 F-A 100
125,
121
111%
105%
Panama
101 S4
102
102
I'J 1111684
'04 .... 105
101
109% Apr '04
121% J'ly'04
NYC
W
102*8
lOO'e
io-i" ibe'i^
I1191,
Oct
121
125
119
A Mont See N Y Cent
AW See C C C58.1936
A St L
OInd
hio River RR Ist
"a
Jan'u3
!.<
10034
Nor
99ial01i6
S9>»4
Uigtk
113>a
10938
119'4
9834.
CBAQcoUtr48 SeeGtNor
Dec '02
99i3Nov'02
90
901a
129
125 H)
1041a Sale
*10438
75 Sale
C
100 Is Sale
I2II4
llHTe
100% Sale
St P A
P gen g 6s.. ..1923
Begisterea cerxillc'8..1923
St Paul A Dul Ist 58.. ..1931
1917
2d 53
1968
Ist consol gold 48
104=
ot... 1884-1 904
»9T6Sale
104
130
St Paul-Dul Div g 48.. ..1996
1996
Registered
1241a
113iall3'a
113 113
No\ IAna
1000300104
Oswego A Rome See
O C F A St P See C A N
1946 J-D IIOI4.
110411514 Pac Coast Co 1st g 5s
120
11
108
110
Tr Co
.^-0
J-J
1997 J-J
Re-istered
121»aSep'04
11312 USia
113 Dec '99
113i2J'ne'04
113 J'ly'04
l»'9is
Sale
131 14
129
g
General gold 5s
1937
Ore A Cal See So Pao Co
Ore RR A Nav See Un Pao
Ore Short Line See Un Pao
121 Vj
1131a
101
100
Wash Cent Ist g48
1948
121 130
Nor Pac Ter Co 1st g 68. .1933
90
94% Nor Ry Cal See So Pac
113iall6i8 Nor Wis See C St P M A O
BAG
Jiigh.
981a
109
108 '4
103% Sale
12334 128
88I2 9212
1
]
107'aJ'ly'OO
105 Oct '02
105 la Nov'Ol
98
A
N
6«eNYCAH
AG
A
1997
a2047
a2047
Ifcgistered
84
lllialllia
91
91
Monongahela Riv See
Mont Cent See St P M A M
Morgan's La AT 6'ee S P Co
1928
Jasper Branch 1st g 68.. 1923 J-J
A Al Ist 68. .1917 J-J
Mc.M M
1917 J-J
Branch 1st 68
Nash t'lor A Shet See
Nat of Mex prior lien 4 VjS. 1 926 J-J
1951 A-O
iBt consol 48
1937
Registered
General hen gold 38
11138118
See Southern
Ist consol sold 5s
1st g 48.1937
Nor Pac— Prior lien g4s..l997
M-S
94'iiJ'iy'04
Montgom Div 1st g 53. .194" F-A II5I4II7 11434 Sep '04
92iaJ'ly'04
91'a ...
St L & Cairo coll g 48..el930 Q-F
95
1931 J-J
Guaranteed g 4s
98iaNoT'03
Morns A Essex See Del LAW
^^ ash Chat A St List 78.1913 J-J
L
N Y' A Green w Lake See Erie
N Y A Har See N Y C A Hud
N Y Lack AW See D L A W
N Y L E A W See Erie
NYALongBr See Cent of N J
NYANE SeeNYNHAH
New York New Hav A Hart
Housatonlc R con g 58.. 1937
N H A Derby con g 58.. 191
1905
N Y A N E Ist 78
1905
Ist 68
N Y' A North See N Y O A H
N Y O A W ref Ist g 48. .^1992
Regis $5,000 only......ffl992
N Y A Put See N Y C A H
N Y A K B See Long Island
N Y S A W See Erie
N Y Tex A -M See So Pa« Co
1941
Nor A Soutli 1st gos
1931
Norf A West gen g68
Improvem't A eitg6s..l934
1932
New River Ist g 6s
N A W Ry 1st con g 48.1996
1996
Registered
Pocah C A C Joint 48. .1941
1922
C C A T l8t gu g 5s
Scio V A N E l8t gu g 4s 1989
North Illinois See Chi A N W
North Ohio See L Erie A W
101 10318
109iall5ia
llliaMar'04
91 Feb '04
98
M
UticaA BlkRivgug4s.l922 J
Dec '03
IOII4
821a
10358
85 14
1951
1952
RWAOT R Ist gug 58.1918 M
N Y
.M-S
F-A
LA S Ist g Sias
M
J
N Y A Harlem g 3ia8...2000 M
2000 M
Registered
NYANorth 1st g 58. ..1927 A
R WAOcon I8text5s./il922 L\
Oswe A R 2d gu g 58...el915iF
96
Sinee
f%\\
^ K January
'u5"Apr''02
104 >s
)03l4
j
Bate ASturl8tgug38.1989
11
121
103
1
i8t g3>as
71
I8I4
May'OO
1201a Feb'(l4
9812 100
1931IM
93 1 Q
1940 J
1940 J
Registered
4s
Registered
90»8J'ly'0]
105
A
l8t7H.1906F-
!>e
10714
60
11
A.
Pitts
2d giiar68
35 IOI1.JIO7I4
14
71
17
lOia
June R
Loxo
Range
it
eelc'ii
-
Ist 4h gu... 2361 J
Registered
2361 J
Lake Shore gold 3ia«.... 1997 J
Registered
1997 J
Debeu'iire g 48
1928 M-
91'a 99
61
0934
Sale
M-S
M-N
Wa
FA
MoK A Elslgug58...1942 A-O
M-S
ATofTl8tgng58.1942
K
M
SUer Sh A So l8t gu g 5s. 1943 J-D
Debenture 5s
1171a
115
112
18i< 127
S.*e
18>2Salo
11
Minn Un See St P M AM
Mo Kan A Tex Ist g 48.. .1990 J-D 101 »a Sale
84 h Sale
^1990 FA
2d gold 4s
I
Ho
NW
J.D
J-D
A-O
J-D
M-N
J
J
71
f 4h. 1940
J.
Ist gu g58 1942i J
l8t gu g 4H..1991iM
gu Ist 4m.. . 19811, F
West Shore
96'4
NW
J.J
APlst58stpd48intgii 1936 J.J
S S M A A 1st g 4 int gu 1926 J-J
MAO coU 4s
Mohawk A Mai
N
A-O
MStPASSMcong4intgn'38
M
M
89
108'8Oel'04
1977 .MS
1910 J-D
See Chic &
See Chic A
A
A St P
.MU A North See Ch
Minn A St L, Ist pold 78. .1927
1909
Iowa Ex Ist gold 78
Pacific Ex 1st gold 68. ..1921
South West Ex Ist g 78.1910
1934
Ist consol gold 5s
Ist and refund gold 48. .1949
Minn A St L, gu See B C R A N
L,
'122"'
»
Kangr or
hatt SaLr
100%
gu g4H...19Kl J
A<l l«l
ABk
Hid
li^-(Continuefi)
<>
Mar'03
98
05>Q
A
Moh A Mai
»103"8Deo'(>2
Internal 1st con p 48.1977 lis
Mex North
Mil
Mil
J'ly
l05»2Sale
108 Si
AH
(;<'iil
Gouv A Oh we
97 14 lOOK'
105 "a 107 la
95'-j
1-^
Y
/Vice
friiiav
October 14
Clearl Hit Coal Ist s
1917 A.O
58
1919
2d senca pold 5s
Coll tr p 4'2.M l8t Ser....l907
Mex
Nov'99
110
9S
9a »«
viiK
I
S
Malioii Coal Nee
unhattan Ry oonsol4s.l990 A-0
990
1
Iti-LTStercil
Metropol Kl l8t g6s....l90H J-J
Coloniz (t 58.... 1984 J-D
McK'pt A IJ V nee N Y Cent
2<1
lOVVa
.V
N YAPulHtc«ngiig4H 1993
Nor A Mont Istgug 58.1 91
117'-^J'ly'l)4
liri
Jan '04
117 J'ly'i>4
116
115
1
1
J
Kludi .S iHt jru It 5S...19S7 K-A
A Atl l»l »ru g t>«..li''_M
/»««
3
1
19"
»-2
STOCK EXOriANGK
WKKK E.VDINCi OCTOnKB 14
Cart
Apr'04
J'ue'02
1
ltOMI>
how Hiyh
I'is'ii
[Vol lixix..
8
Pai^e
N. Y.
Auc'OM
122
75
95
Pen«
L N A A Ch
January
lOOi.jHep'04
loss, 107 S Oct '04
96
)ouit 4s.i;»f)2
Ri-jrisien-il
=5^
lir,i\,.Mar'(i'J
U9'
L*N.t.M.t.M 1hIk4 4h1S»4.'.
hani/e
Since
Jan
lots'*
130
122
lixi
l'.'2-'4
rs-s
S'^
Jlifili
'(13
107"^
Hen'lor H«ljrt> 1 Ht 8 1 tr lis. I'Xi
Kciiluckv Ci-iil uohl .lH..l!tH7 .IJ
N
SaU
M-N
i.'olcl4'-j»...lH;^l
PeDsucula Div ^foldCs.. .192(1 M-S
1921
8t I- Oiv l«t itolil 68
Lit
Last
iHl pol.l li»....l'.i:5U J.J
I'XM) J .1
L'dld tlK
'Jit
•2il
—Continued—
Bond Record
.
Due May aOOk^jo* h Duo
.M-S
.MS
J-J
09% Sale
86%
90%
99%
95
8684
xl
i'0% 95
82
84
f<9i-.
89%
70
82
74
J-J
J 'Or
v
Ouo Nor
83
105
«
84
Jan
OoUon
'00
!iate.
89%
88
—
Oct.
—
4
KOfiUf-
J*rU»
WeehTs
STOCK EXCHANWrc
WEDK ENDING OCTOBER 14
Penn KK c Continued}
Priday
October 14
or
105
Last Sale
\^'-c
N. Y.
<fe
& Nash
& St L
Peocfe PekUnl8tg63....1921
t'192]
2d gol<t4'28
W M 5s 1921
1920
PMg6s
Marq— Oh*
11218
111
108 ~>
106
loa'a
119
Ha
101
109
-
121%
.
Hiuh.\
No
Sep '04
Aug'OH
1
J'ly'04
98
Apr '02
Aiig'04
137
lis
122
11442 116 4^
Pitta
Pitts
llS^e
ll4ieMay'04
101 14 Sale
lOO'h 1014; 229
99>2Sep'04
9514
964; "68
U4'8n4Hi
1997
1997
Registered
Jersey Cent coll g 48.. .1951
Rensselaer & Sar See D <fe H
Rich •& Dan See South Ry
Rich <ft Meek See Southern
Bio Gr West See Ben <fc Rio Gr
Kio Gr June 1st gu g58...1989
1940
Bio gr So 1st gold 4s
Reading Co gen g 4s
95 12
94^8
Oct
IIII2II6
62 Si
'01
103»4 May'04
9138
100
9742
91
Sale
91
91
84
92
106>a
103i4J'iie'O4
106 41
126
103«BJ'ne'04
126
11238
98^2
11242 Sep
9842
9842
&M
Salt,
97
86 14 Sale
94
6-year gold notes 4^!..190i^
Ft S
122^,
con g 6s.. 1928
K C Ft S & M Ry ref E 4s 1930
KC<fc M R& B I8tgu5s.l929
84 Hi Sale
L& N
& Nor 1st g 6s. 1939
Stat Isl By 1st gu g 4428. .1943
lOSifl 105
N Y See D L & W
10342 103^ Syra Bing
|''er A ol St L 1st g 4428. .1939
12234 127
1 1st con gold 58. ...1894-1944
110 113
W
99
70>s 84
6542 80
7934
.
A&N W Istgug 68.. ..1941
go g 48 1949
1094alll»4
100 104
102^
106 May'Ol
104 4; Aug'04
1044a 10442
134
135
118
.
11734
.
128
135
115
Apr'02
Apr '04
104
8034 Sale
10359104
95
103^4
100
106
109 Clog's
loysa ...
lOSia...
Jan
May'Ol
Aug' 04
118
115
12138 121=,
IIII4 Oct '04
122^8 Aug'04
Sep '04
11742 Oct '04
11242 Sep '04
125
109
123
110
115
117
118
115
11834
123
125
121%
112
114
112
87
1174j
112 4a
110
110
110
117
87 4j
25 1034 110
110
Feb'02
J'ne'04
Jan
118
113
117
109
120
8742 J'ly'04
'03
117
11041124*
11042 M»y'04
Dee '03
93
J-J
115 4i.
11534 Sep '04
J-J
J-D
122'4.
117
A-O
10938.
1124all7
J'ly'OO
104 4a Sep '02
F-A
118
100
.
110 May'04
117 4a Sep '04
.
IOOI4
111^8
.
133
isess
4s
Il44all634
117 11"
'04
&
1927
participating
FA
9 8 '8 Sale
J-J
J-J
11042
1044a
Oct '04
Sep '04
May'Ol
Sep '(14
114
111
107
96 Aiig'U4
90=
91
893i
79
100
115
80
108
102
122
111
111
9334
11014
101 106 4»
11214 116
109 42 Aug'04
1053. 10534
5s. ..1935
Utah
110 110
II214II741
98 1004
110 11219
IOOI4
112 Is J'ly'04
100>4
100 Sep '04
12142 Sale 121
1214
9334
9342 9278
1034 10734
91
86
81
08
94
8934
81
95i4Sep'04
14 Oct '04
93 Oct '04
96
92
90 4»
82 4i
1034
9514
IO6I4 113
9134 9479
105 4 149 100=4 106
1031-. 35 10038 104
10634
1094
11
105
7i;js
944 1094
9034 1054a
105 4 Sep '04
103 14 103 '4 '31 98 4 IO314
1 I2OI4 125 4
124
124
II7I4 Oct '04
111
1174
98-'4
99 4 "69 9034 9934
112 Dcc'03
1144 Apr'02
84'4SalP
41
Sale
W
ManutactyrinK &: ludiiMtrinl
Consol Tobacco 50- yrg 48.1951 F A
Regi^tcretl
1961 F A
74
Distil Sec Cor con V
Distill ol Amor coll
72 Sale
'.64
Int St i'unip lo-yr conv. 6s '13 J J
Kulcker li;i; (Chic) 1st g 5s. '28 A
Lackaw Steol 1st g 58
1923 A
Nat Starch MfgColslgOs 1920 M N
Nat Starch Co 8 1 deb 58..192i' J J
btttu Hopcife T Ist g68...194( F A
Income gold &s
1940
S Lojith(;o8fdebg0s..l913 M N
tJS l;ealty<fi;lconvdebg58'24 J J
104
11834 Sale
F-A
J-J
J-J
109 42 110 4 109 4 Oct '04
95 J'ly'04
99
66 Sale
05
60'j
107
106
118
Jan
Hole
111
J-J
90
J-J
A-O
94
loo '4
1
1
.
841
734
A-O
Nov
94
J-J
11134
HO
94
56
95
68
102
IO6I4IIO4J
102
'04
110 '4
Kob'O;
90
90
7979
8338
9S Mar'02
109 4 Mai''03
,
84
J-J
IOOI4
i:i67
83=8 Aug'04
82'i2
MS
AC
30 1144 11834
il83j
Wi
M-8
1004106
app'04
.
4a.
84I4 109 84
84
11734 Oct '04
115
9638 Sep '04
93
40
Mar'Ol
na
Sep '04
Apr'04
A-O Ill
112
J-J
FA
109 42
107 4
II0I4 Mav'04
J-J
10034
M-S
91
J-J
91
87
117*4
96^
111 112
10914114
11014H0'4
109
109 Apr '04
100
1004 Ang'04
Sale
44 86
90 4
91
109
103
92
M
rtllSCKI-LANKOUS
l8tg5g.'27 A
trgo8.1911 J J
lU Steel Co deb 68
1910 J -J
Non-couv dolieu 58
1913 A -0
Int Paper Co 1st con g 6s. 1918 F A
J-J
M-N
W
102>2
10134 102
108S8H»9H)
103 >«
]127„113
109 Salt
106
106
W
April 19
A-O
88
M-N
M-N 10958
M-S 114
M-S 107
M-S 111
M-N 11334
M-N
904a.
F-A
FA
1935
1908
& Nor Ist 73
Gold 5s
1926
RR
RR
See
Pa
Uni N J
cfc C Co
Utah Central See Rio Gr Wes
Pacitic
6'ee
Un
Utah <fc North
Utica & Black R See N Y Cent
110 Jan '04
110 110
See Mo P
Val Ind <fe
Ver
irginia Mid See South Rv
113»4Dec'01
South
w't
Va &
1st gu 5s. 2003
1939
Wabash 1st gold 53
8OI4
gold
1939
2d
5s
54 65
S3 42
81
1939
Debenture series A
103i4Oct '04
96 103 4;
1939
92 '4 Aug'04
Serie.sB
93
91
Ist lien equip s fdg 5s.. 1921
100 Sep 00
Det&Ch Ext 1st g OS.. 1941
DesMom Div 1st g 4*. .1939
10434 10434
10434 J'ly'04
1941
Om Div 1st g 342S
10934
10934
102 10934
Tol<fe ChDiv Ist g 4s... 1941
109 Sep '04
105 42109
St
Chas
Bridge
1st
68.1908
lll>4May'03
g
Warren See Del Lac & West
Wash Cent See Nor Pac
Wash O <fc
See Southern
102 Jan '03
West Maryland Ist g 43... 195
101»4
9778 101 'e West 2^ V <fe Pa 1st g 5s. .1937
1013,
Gen gold 3-4s
1943
94 '<
87 42 95
94
Income 58
(il943
85^4 9442
9442Ang'04
West
No
Car
South
see
Rv
113>4
1130,
97 llS't
VaCentdi P 1st g 68. .1911
lOOSg
101
97»4l01'e
Wheel'g<fe L K lat g 5s... 1920
99 >4 Mai'03
'84"
"8834
Wheel Div 1st gold 53..192S
H8'
94
88«8
Exteu <fc Imi) gold 5s. ..1930
10? 107
107 Ang'04
20-year equip a £ 5s
1922
103 Sop '04
1 00 4i 1033,
l8t consol 4a
1949
113 4! Sop '04
10o3b11342
Wilkes <fc Eaat See Erie
109
lO.-)
1084j 109
10(!'4l06i4 Wil <fe Sioux F See St P
IO6I4
106 '4
A JI
103'-2l03 4> Wis Cent 50-yr Ist gen 4a. 1949
103 "-i J'ly'04
117
880s Sale
VG&N
Registered
122
124
ll««8 118
IIOI4
J-J 114
A-O 110
1935
General gold 58
J-D 107
Kan& Istgug 4s 1990 A-O 94 96
91
1917
92
1st gold 4s
Tol P <fe
J-J
89
90
Tol St L cfe Wpr lien g 3423. 192 J-J
8034
1950
gold
50-year
4s
81
A-O
9534
Tor Hamcfe Buttlstg 4S.A1946 J-D
Ul8ter&Dellsteong5s 1928 J-D 11218113
93
1952 A-O
1st refund g 4s
trnPao RRifc Igr g 4s. ..1947 J-J 105 Sale
1947 J-J 103 42 Sale
Registered
1911 M-N 109 4: Sale
1st lien convert 48
1911 M-N
Registered
Ore Ry & Nav con g 48.1946 J-D *103
Ore Short Line Istg6s..l92'j FA 124 125
11634 1177
194( J-J
Ist consol g58
Apr '97
11634 Sep '04
1949
2d gold 78
1905
Mux (& I'aclstgSs
1931
QUa
l8tgug58.1924
H0U8 E &
T Ist g 58.1933
let guar 5s red
1933
Uopncu
11614
11542 117
12141 122
11134
W
103 Hi.
109
101
Mort guar gold3ia8..A:1929
Gal Har»fc S A l8tg63..1910
ns.fi'O:
9742 98
117
95 4a 96 4
894a 91
88
M
19 10742111^4
<fc
2il
116
J-J
J-J
J-J
J-J
J-J
W
J.J
Seaboard Air Line g 48 ...1950
Coll tr lelund g 68
1911
Car Cent Ist con g 48... 1949
Fla Ceu & Pen Ist g 08.191.'lat land gr ext g 6s... 1930
Consol gold 53
1943
Ga & Ala Ry Istcun 58ol946
Ga Car <fc No Istgug as 1929
Seabifc Roa Ist 58
1926
Sher Shr <fc So SeeM. K & T
81I Sp Oca <fc G See Atl Coaat L
Sod Bay & So Ist g 58
1924 J.J
Bo Car <fc Ga See Southern
So Pac Co— CoU tr g 4 "28. 1 905
Gold 48 (Cent Pac coll). fcl949
Registered
A:1949
Steel Corp col tr
116
•9534
M-S
M
Western Div Ist g
11134 Sfio'04
10342 Sep '04
iS'ee
ref
flli^
15
218
Ill
SFe Pre8& Ph l8tg53...1942
Registered
71
84
80
140 May'02
IIII4 IIII4
116^8 Apr '01
"^4.
M
Cent Pac 1st
99
83 14
1071^112
130 13438
125ie
8t P & Nor Pao See Nor Pac
St P & S'x City -S'ee C St P
&0
Salt LakeC Ist gef 68. ..1913
11842 Sale
102" ioi'i
II5I4II514
114421144a
119 119
107 IIOI4
108 Sep '04
108 10834
103 Oct '04
101 103
'04
109 Sep
109 109
103 Jan '04
103 103
117'4
1183^ 16ti 111 11834
110 Feb '01 "16 108 110
9534
9534
9234 974>
Oct '01 "6 114 11641
9714
97 4
931a 98
1174- Apr '04 "4 115 1174J
9II4 964j
90 42
91? 42
90
90 Sep '04
90
11442 Apr '04
119 Feb '04
110
11C>4
116»8
10934
108^4
10134
1953 J-J
Gen refund si g4s
Bge Ter gu g 58.1930 A-O
St L
Tex & N O See So Pao Co
Tex & Pac E Div 1st g 6s ..1905 M-S
2000 J-D
1st gold 58
^2000 Mar
2d gold inc 58
1931 J.
La Div B L Ist e. 5s
Tol& O C l8tg58
99
9842
1094a Oof 04
13438 Sep '04
Registered
A & A P 6ee So Pa* Co
F & N P Ist sink f g 58.1919
Atl Coast L
6oioto Val & N K 6e« Nor
W
98
100
87
94
122 42
86
109 J-i.
134 "^4.
112«8.
1937
Ist guar gold 6s
1937
WIU & S F Ist gold 5s.. 1938
J-J
J-J
Oct
'03
'04
iS'ee
f
96
100 Jan '04
100
86 14
8634 118 79 4j
1
94
94
94
]22 42Aug'04
53 11942
8414
§478
78
84»a
7934 Sale
80 Sale
EMinulstdiv I8tg6s..l908
1948
Nor Div Ist gold 4s
1922
Minn Union Ist g 6s
1937
Mont C Ist gu g 68
10434 Sep
11514 J'ne'04
WMinW<&NWlstgu5s'30
98=^
M
S
8
Sep
102
112
112
1
1003^,
102
A-O
A-O
M-N
M-N
10534 1103^
10038 102
110=8
100
<fe
'04
'04
ys'a
St liOuis So 6'ee Illinois Cent
1st g 4s bd ctl8.1989
St L S
2d g 48 inc bond ctfs...pl989
1932
Consol gold 4s
Gray's PtTer Istgug 6s 1947
Dul
jS'ee
Pacitic
Nor
St Paul &
& Man 2d 68... 1909
St Paul
1933
Ist consol gold 6s
Registered
1933
gold
4^23.
.1933
Bedueed to
193o
Registereu.
1910
Dakota ext gold 6s
1937
Mont ext Ist gold 48
Registered
1937
Sav F & West
W
S & N AU
Spok Falls
€& S Fran 2d g 68 CI B 1906
1906
2d gold 6s Class C
1931
General gold 6s
l»3i
General gold 58
St ii<fc S F KRcon8g4s..'90
Southw Div 1st g 5s.. 1947
Relundinj; g 48
1951
US
1927
Deb 5s stamped
Rich & Meek Ist g 48. ..1948
1919
SoCar<fc Ga Ist g 5s
Virginia Mid ser C 68.. .1916
1921
Series D 4-5s
1926
Series E53
1936
General 5s
1936
Guar stamped
Ist cy gu 48. .1924
O cfe
West N C Ist con g 6s. .1914
iS'ee
<fe
8t L
A-O
A-O
A-O
1916 J-J
Greenvlst6s
W
Mob & Ohio
Cairo
Iron Mount .bee M P
K C & N See Wabash
StLMBr Se«TRRAof8tL
<fe
110=3
10038
100^8
A-O
E T Va & Ga Div g 5s.. 1930 J-J
1956 M-N
Con 1st gold 5s
1938 M-S
E Ten reor lien g 5s
1922 J-J
Ga Pac Ry Ist g 6s
Knox & Ohio 1st g 6s... 1925 J-J
1915 J-J
Rich & Dan eon g 6s
10334104
lOmNov'Ol
Ii
KC
98
11042 1114i
63 4d 68
874a 87 4!
87>aSep'04
H
L
L
9458 10142
-See
1941
Butlanri Ist con g 4'2S
But^Canad Ist gu g 48.. . 1949
See Pere Marq
Tus &
Sag
tJo&Gr Isl Ist g 4s. ..194'
BtLaw<& Adiron 1st g 5s. 1996
1996
2d gold 6s
St
St
St
1994
1994
Registered
Mob<fe Ohio coll trg4s.. 1938
Mem DiT 1st g 442-58. ..1996
1951
St Louis div Ist g 48
1918
AlaCenR 1st g 6s
1948
Atl & Danv 1st g 4s
1948
2d 48
Atl<fe Yad 1st g guar 48. 1949
Southern— Ist con g 5a
11142 J'ly'04
68 J'ne'04
1940
J-J
SPacofNMexlstg6s..l911 J-J
1905 FA
Tex <& N O Ist 78
1912 M-S 108
Sabine Div lstg68
1943 J-J 105 14
Con gold 5s
Col<fe
B R& P
N Y Cent
6ee
E&
II9I4II94:
11442 Sep '04
98 J'ly'97
& West See B & O
Y & Ash 1st con 58.1927
.
NoT'97
11242 Dec'02
.
cl910
1905
1905
lstg68seriesC<fc D...1906
F...1912
1st gGs series
1912
1st gold 6s
1937
1st con guar g 5s
1905-.. 1937
Stamped
SPof
11538.
113
120
.
1st guar g 6s
Cal Ist g 68
1st g 6s series B
101
119
.
Pitts
.
10734 1114!
109^4 11258
U9>4Apr'04
W
&
Since
January 1
.
Pine Creek reg guar 6s. ..1932
Pitts Cin <fe St ti See Penn Co
Pitts Cleve & Tol t>ee B <fc O
& CU See Penn Co
Pitts Ft
1922
Pitts June 1st gold 6s
Pitts <fc li Erie 2d g 5s. .ol928
S^eNYCeu
y
McKees<fc
Pitts
Pitta Sh <fe L, E 1st g 5s.. .1940
1943
Ist consol gold 5s
Guaranteed
Range
Week's
Range or
Last Sale
l.oiv
1114211142
11142 Sep 04
112''gAug'04
lll^a.
SagTusifc H Istgug 48.1931
Phila & Reading cons 78.1911
Rome Wat & Og
Friday
October 14
W
lilt's,
1939
1st consol gold 5s
Pt Huron Div Ist g 5s. 1939
Booh
J^ice
STOCK EXCHANGK
WEEK ENDINO OCTOBER 14
N. Y.
Since
»<2
Sun<fc Lewis 1st g4s...l936
XJ N J RK & Can gen 48.1944
Flint*
BON D.S
Range
January
1629
Hid
High No Low High,
Ask Low
High southern Pao Co (Continued)
112i4 0ct '04
110 11214H <fe TC Istg5sintgu..l937
J-J II2I4
11014
'04
113
Sep
112 113
guar.
..1912
int
6s
Consol p
AC
98"
6 Sep '04
904j 96
101^4 Sale \.W)\ 1013^ 10 9442 101
Gen gold 48 int guar. .1921 A-O 94
127 42 Feb '02
102
102 Nov'97
Waco & N div 1st g 6s '30 M-N 116
130 1-30 4»
130 Apr '04
108'-4
11234 Mar'OO
Morgan's La cfe T Ist 78.1918 A-O 127 >4.
121 May'Ol
121 Vi.\.
1920 J-J
99 S2
Ist gold 6s
10934
110 Oct '04
IO842IIO
N YT&Mex gulstg4s.l912
A-O
104=8 107
106 Sep '04
101=8
NootCal 1st gu g 6s.... 1907 J-J 10534
113 Jan '01
1938 A-O 111
110>2Sep'04
lOS^B
Guaranteed gohl 5s
11041 iVi"
100 Jan '04
100 100
Ore <fe Cal Ist guar g 5s. 1927 J-J 100
891^4 Sale
8734
89 4 276 76
8942
S A & A Pass 1st gu g 4s. 1943 J-J
109'^, 109=8 Sep '04
109=a
105
120
121 May '04
120 4212342
So P of Ar gulstg 6s.. .cl909 J-J 108^4
'5
109J«
AUeg Valgen gii ff
C1& Marlst gu g4Hjs..l9;J5
D R R R<fe Bge Ist gu 48 K.'36
Gr R I ex let gu g 4 48 1941
Pere
Mange
Ask Low
Bid
1919
1913
1912
4s... 1942
Pensacola & Atl A'e« h
Peo <fe East Hee C C C
J
Bond Record-— Concluded—Page 4
15, 19U4.J
Oonsol goUl 58
Consol KOl(148
Convertible g 3128
2
91'
914j
9134
102 '4
10242
17
884
9134
BONDS—Concluded.
niiNCcllniiconn
Sale
73
73
74^. 1627
73 '4
7
0934
72
99
99
92
Sep '03
J an '99
Feb '04
109 1091, 109
103 4 Sale 103
IO9I4
934
924
97'..
101
90
63
37
4
04
404
M N
M N
Friday, latest bul and asked.
91
87 4
85 4
34
bale
Sale
Sale
Sail'
1124
M9
8378
82 4
aDaeJan
92
92
97
103
974
18
Sop "04
Sep '04
FerryCo lHlconag5H'4.^ K-A
J-J •100
ChioJctfe St Yard col g5s.l915
DotM & Idgr incomes.. 1911
Hobokcn L<fc 1 gold 5s...l91(t
Mad S(| Garden Ist gSs.. 1919
Man Bch II & L gen g 48.. 19 10
Nowp Ne Ship * D l)5a(il990
N Y Dock 50.yr 1 at g 4n. 951
M
106<8l094
03 4
4 Oct '04
101 4 102
73 14
B'kl'n
17
90
ir2«8ll3
1
524
774 Adams Ex col tr g48
1948 M-S 102 14 103
AmDki&lnip5a See Cent N J
744 Am SS Co of WVag 6s.... 192(1 M-N
5394
5734
el's
4
97 4
92381 02 »8
87
904
04
35
66
47
.
1
AO
2
85 4
;'B
C.H34
63 4 Sop '04
111 iMar'Ol
80
Sep
ei
ee^ii
50
Feb 'O'.
76>4"83"
'04
J-J
FA
914.
01
894
91
914.
St Joseph Stk
St
\,
.
<>DaeFel>
103>fl
M-N
M-N
M-N
Yds 1st 4 ''2fl. 1930 J-J
Ter Cupples Sinl'n * Prop
Co lat g 4 4« 5-20 year. 191 J-D
4
47
\H 4I4
1124 2 10734 1124 S Yuba Wat (;o con g 6H..1923 J-J
Sp Val Wat W(irk« 1st Oa 19(I0 MS
KO
141
112
01
6834 8734 U SRed& Ref isl8fg6a.l931
87
404
65
81
•
100
ino>4 J-no'02
i
713* Sale
112
J'ly'04
112
984
112
1134 J'ly'OO
7134
70 *"7i»i
7134
86 4
oDu« Mar liDae Aor ADuej'lr
ik
Due
Atic
Due Oct p Dae Nor
«
Dne Deo
j
Optton lal*
3
BOSTON STOCK EXOHiNGE-Stock
Shnre
8S>4
100
l^:^'•J
lt)6
•302
•145
i
&:<>•.
OeU 11
165
166
302
143
160
147
•
•
•45
81 "a
•13>a 14
66
66
•13V» 1412
193
•
193
•40
96
10334 10334
•93 4 94 Si
9134
1334
6i>
193
202 "a 202 »2
70
•71
72
40
40
*tt4
]3>fl
65
13>4
9134
•70
40
203
70
71
41
•40
95
95
203
'
151
151
123
1604151
'302
'148
186
'185
1334
94 »a
168
•91
9IS2
Sj
'
78
'4H
16h
78
o
•24
25
132 >a 13258
133
133
138Hil39>4
15
15
81»4 81 34
9II4
104^8
IR
16
77
16
163b
16»s
78
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78
78
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6
5
6
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7
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130
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228
225
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4
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230
4
228
227
84
83,
26
63
31
103
53
314
18i<j
763«
1315
97
83
97
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76
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191*
7738
1834
7638
•75
•75
•13
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•81
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83
97
•GO
134
93
•82
•91
234
104
53
838
111
28
'
53
31I4
53
31
10 14
104
11
26^8
25 'e
25
314
4
11^8
4
12
4
13
62 >9
62"^
63»e
4
3^8
I3I4
13
03 ^8 633,
124 13
62 «8 634
12
1334
1334
1334
1338
134
25
90
26
1
•60
•GO
13
13
13
28»8
28%
•60
625
625
530
2H^
1356
•90
1
••50
•75
14
I4I4
28 4 28'4
•50
•55
••50
634
03^
034
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•es
•7»2
8'v
•40
'40
lo^s
2838
28
•51
28
1-^4
555
28
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•38
640
560
283^
2734
28I4
^\
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84
•40
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4
2I4
83*
59 's
14 '4
00
5GSi
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2^3
334
l^b
20
2013
o:'t
14
1934
5 Hi
••50
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••50
6's
7>4
4734
«4'a
734
734
48 "a
481-2
^
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1
2134
I't
22
90
87
25 14 25 3»
"2S,
2
"4
91 Si 92
•40
2114
6 la
6
liU
128
8I4
4y
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214
54
•334
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4
1S»,
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•60
-60
1334 14
28 4
•50
4
284
^60
634
510
550
27
28
230
8
230
106
4110
•40
23,
64
54
484
03.
1
1
214
21«8
89
'-^'4
94
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1'4
2
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125
126
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90
25 '8
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134
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84
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6038
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8h
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la
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421a
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9
94
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90
96
11*
la
l\
Amer Agricul Chem.lOO
Do
100
pref
50
Amer Pneu Serv
25
Do pref
50
130 AmerSugar Kefln
100
130
100
Do pref
139^8 Amer Telep & Teleg.lOO
17 Amer Woolen
100
83 4
100
Do pref
5
84
^40
90 4
25<% 25 '8
53
4
4
13
13
62 4 0338
48
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21
88
25
214
2
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284 294
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120
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20
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7978
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1834
97
83
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4
1834
97
83
100
2I18
6
120
100
100
Pullman Co
Beece Button-Hole.. 10
100
Swift & Co
Torrington Class A.. 25
26
Do pref
Union Cop L'd <fc Mg. 25
100
United Fruit
United Shoe Mach... 25
Do pref
25
100
US Leather
100
Do pref
100
U S Bubber
100
Do pref
100
U S Steel Corp
100
Do pref
25
West End Land
West Telep <fe Teleg.lOO
100
Do pret
Westing El <& Mfg... 50
50
Do pref
lUining
25
Adventure Con
25
Allouez
pref
3^8
1234
123,
63
644 Amalgamated CopperlOO
37,
4,359
1,430
3a0
313
380
1,'<;05
Jau
34 Feb
1,516
1836 Oct 14
814 Sep
"
4
74 J'nel3
5 4 Jan 23
88 230 Feb 20
197 al51 J'ne2^
7,'iOo
1 ti'.t
124 Apr 14
71
18,544
20
Mar31
3738Marl5
7734Marl4 844 A.igl5
J'ne 2 190
14 Apr 30 2
48 118 Feb 23 131 4
141
4 Oct 11 4
56
8 Oct 10 17
Oct
Jau
Sep
Jan
•60
4
29 4
13
13,
134
13.1
213,
224
54
••60
8
54
8
484 484
6«8
54
••60
o^B
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534 -M ontana
180
64
93
•1
2
94
14
2
534
110
95
94
14
14
2
2
6
124
122
Sep '04
121
"^8
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'
'8
'03
8
'4
M.ir'04
234
244
lo-ig
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1134
414 il\
34 34
414
42
9
96
90 4
J
34
3<4
9<8
938
9
9
954
14 14
96
90
14'
34
1
33,
94
14
Mont lb
5
Aug, •J 50
J'ue 195
J'ui 177
290
J'ly
101
133
110
184
100
J'ly
Sep 157
1
Nov
3,942
3,020
869
279
2
95
.Mai
Aug
.'"0
Fet
131
J'ly 143
4 Kel
39 4Jaa
Dec H3 4Jan
Mai 42 Mai
4Mav 180 Fet
Nov 3734 Fe>
1 7
75 Dec 90 Jaa
25
75
42
173
8«8
Oct
Nov
28''6Api
tlSBHiMay 225 Jan
16141>ec 1734 M*
220 Sep 232 .Maj
196
74
08
30
Aug 212 4Fe»
J'ly
y
Sep
85
71
25
7
J'ly
J'ly
75
Jau
9140a
O634
Aug
Ma]
Jai
Jan
Jan
1
84^4
Jm
104
4 JU
lo4
4Jan
83 4 Oct 95
Zl02 Sep 178
Jao
Fel
Fet
no Fe>
15 4 Nov 204 Jan
38 4 J'ly 52 Jan
144 Sep 150 Jan
87 4 Aug
108 Sep
9
60 4
3
12
97
Nov 20 Feb
Nov 804 Fet
7
Aug
.Mai
24 Mai
134 4 Jan
12.i
4 De«
109 4 Fet
14"e Fell
794Jan
534
Jan
127 Jan
62 4 J an
834
310
204
Jan
Feb
Feb
4834 Fell
74 4 J'ly
&04
i^eb
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Feb
2
4 Jan
14 Oct
15 121
28
9
Nov 139
Apr 20
Jan
Jan
1
440ct
Jau 10
Feb
31 4 Sep 21
6
114 Oct 14
874 Oct
254 Oct
814 'Jcc
20 4 Oct
19,341 514Mayl3 794 Oct
50 •50 Apr 12 75 Jau
6 4 J'ue 3 19 4 Oct
2,320
272 76 Marl4 99 Oct
77
73
10
1,61
13
28
Jan 28
4 May 12
JaulO
200 1034 Feb 6
10 40 4 Jan
838Mayl3
15,940
3,100
14
J'nelo
8 113
454Feb20 53 4 Oct
7534 J'ue28 85
8 100
t904Aug
•75
Aug
Mar
3
4
12
10
14
14
14
13
12
Jau 21
Jan 15
7,428 d3»ie
22,2 i>4 43
438
Sep 2»
20
7
19
•39
1
J'ly2o •75
Feb 11
Mar
Y
1434
30
Mayl4
•55
J'ly 10
04J'ly 26
7 4i^e^' 1
435 Jau 4 560 Oct 11
05 Apr 23 •09 J'ly 16
d 14 4 Feb 8 t294Sep
64 J'ly 25
•20 J'lyl5
7 4 Apr 6
38
1034
40
103
75 Jau
124Apr
Feb 23 02
Aug 1 30
Jue2y 72
Mar lb
•40
•50
J'ly
6
5
1
4934
*50
74
71
67
Apr
Jan
5
Aug 111
53 Jan
31 4 Feb
154 Feb
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184F«>
574Jan
39 4 Feb
Nov 89<>8Jan
•80
Mai
Nov 28 Jan
Jan
Oct 102
Oct 108
8O34 Oct
2
Dec
34
333,
•50
Jan
no
Feb
Feb
Jan
IS
Jan
84 Mai
Oct
75=8
Feb
Jan
1234
•40
1
Dec
Mai
•90
Too'" J'ly 551
Feb •10.
•oil
12 J'lj- 3114
534
•35
Mai
Feb
Feb
94 J'ly
Sep
No>
li"32
Jan
y
•.:
2
2
7
7
4 4Apr2'j
2 Apr 8
2234 Sep 20
5
Jan
10 4 Sep 10 Alai
Oct 11 37 J'lj' 75 Feb
Jau
31 Nov 48 4 Ma)
Jau 2 59 4 Oct 131 ~8 Jan
Jan 2:; 100 Oct 118 4 Feb
J'ly
113
134 J'uei'i
3 hep
7
J'ne 2
9»sSep
2-'*8
-
May20
10
134
91
38 4 Oct
27 Aug
Sep
7
7134 Oct
9 Oct
33 J'ly
10 Nov
Mai
4 Feb
Mai
1538 -''ly 314 Feb
Sep
4 Feb
•26
Apl •;»6 Mai
Oct
Aug30
Oct 14 4 Feb
7
Oct 14 20 Dec 39 4 Feb
4 Oct ;
Aug23
84 Oct
49
03,
lo
Mai
Feb
14
514 Apr
3 Jau
50 Dec
64 J'ly
17
4 Feb
Feb
3
J'ly
18
•50
Dec
Dec
Jly
214 Jau
11'4 Feb
434
31
Aug30
2
•55
l^sSep
Oct
J'ly
334 J'ly
Oct 10
'
•
190 4 Ma|
Jan 170
270
Maris 230 Oct 13 197 J'ly 237 Jan
8'6Aprl4
lu
04 Dec 10 Fet
Mar21 lid Oct 10 99 J'ly 132 Jan
22 4 J 'ly 18 224J'lyl8 25 J'ne 2034 Jan
25 Augl2 '25 Augi^/ 28 J'ly 2934 Jan
Old Dominion
Osceola
Parrot t (Silv cfc Copp)
Plirenli Consol
iBerorepay'tofasseaa'tacalledlniaoS. dBeforepar'tof aaseas'lscaUediu 1904.
Jan
Apt
Mai
Jan
Jaq
305
No^ 125
Nov
Nov
50 J'ue
1 '^Apr
950
J'ue 9
25
Oct
5
_
94 Ecb 9 22 4 Oct 10
25 5,000
25 5,99. 53 Feb 8 91 4 Oct lo 43 4 J'ly
10 2,208 20^4 Feb 1 2U 4 Feb 2 10 J'ly
3.-0 ^•50 Aug it d3
Jau 2:,
2 "8 Dec
25
738 80 Feb 25 loo Jau 5 80 Oct
25
Quincy
290 •50 ]MayJ3
14 Apr 8 75 Nov
25
Rhode Island
14Jue24 24J'ly 15
J'ly
1
Saut«.Ee(G(Jld(fc Cop) 10 6,406
7
Den
3 4 Aug 12
94 Jaul^
10 10,825
Shannon
May31
80
let
913
6
1 28
25
ramarack
•25
J'ne20 •50 J'ly 13 •25 Nov
25
Teeiuuseh
1734 Jau
25
reunossee
334 Aiai25 "8 '8 J'ly 25
44 J'ly
25 7,614
Trinity
Marly
4 Dec
Marin
100
United Copper
104 J'ly
UniteilStates .Mining 25 3-i',:Voo 18 Jau 4 244 Oct 14
84Jau
4
Dec
8
124 Aug3o
Unit Slates Coal iSiOil 26 2,650
6 17.431 30 Jau 2 43^8 Sep 7 22 Jau
Utah Con (Gold)
2
43'uell
Dec
1
4
4^8 s-ep l!<
26 3,585
Victoria
5
Feb 23 l038Aug29
5 4J'li'
25 3,0ii8
W'luoua
09
J'ly
J
au
61
90 4 Oct 14
25 1,293
Wolverine
"'
Oct
14 Oct
25 3,385 •50 Feb.'3
Wyandot
Old Colony
A pi
64 Jan
5 4,55^ •024 Feb 15
4MayJl
25 7,835
3 Feb 25
25 l,^z90
70 •45 J'ly 15
25
34 J'liPlO
25 3,54
25 4,106 344 Feb 8
24 Jau 111
Coke 25 12,410
Coal <fc
Boston Olfa..
170
2.'.0
431 208
Isle lioyale (Copper).
74 Michigan
Mohawk
74
48
H.'i
2,771 j;9934
Guanajuato Cousol..
Mass Consol
MayUower
644 Aug 894 Jan
Aug 103 4 Jan
J'ne 2tV.' 4 Fe»
i.;4
Auc 154 Jan
12 I6434
25
HlgKeet
24 4
Sep
Sep
27 4-'^>^P 10
136 Oct 14 10738 Oct
130 Aug30 116 Aug
14034 Sep 1( 114 4 Oct
17 Oct 14
034 Oct
83 4 Oct 14 65 Oct
34J'ly
4 Sep 23
1194 *ep 19 115 Oct
15 4 Oct 3
6 4 Nov
7 4 Oct 12
5 4 Oct
265 Aug22 223 Dec
1784 Jau 2^ 138 Sep
444 Aug 18 30 J'ly
41 173
'J05
Arnold
25
25 3,-J47
13 4 Atlantic
11,325
30 Bingham Con Miu<fcS 50
•50
•60
Bonanza (Dev Co)... 10 l,i75
64
03b BostonConCtfeG (rcts)£l J,550
3sO
552 Calumet & ilecla
25
540
Sep '04 Catalpa (Silver)
10
oy
27 '1 Centennial
2734
25 4,110
50
7'8
7^8 Central Oil
25
2,250
•45
•40
Cons Mcrcur Gold...
'04
25
Oct
Continental Zinc
10>t
01 't Copper KaugeConColOO 34,087
014
20 2,295
124 Daly-West
124
100
Oct '04 Dominion Coal
35
'04
prel
100
11/9^2 Oci
Do
475
•24
23, Elm Kiver
12
075
834 Kraiiklin
83*
34
3-b Gran by Consolidated. 10 9,155
•60
Last Sale i4
Oct '04
•1
14
14
214 214 214 214
22
89
884 91 S. 89 4
91
25
25
25
254
25 4
24 •2
2
24
2
lO'^a lo\
414 42 4
95
ll\
Oct '04
21\
8
8
84
84
Last Sale
"22" 2i^"22"
21-4 23 \
42^'>8
4
531,
311,
13f.
8
21»8
44
1053,
2134
6
94
Lowest
b 15 4 Sep 27
Feb 8 044 Oct 14
76
Mar21
Mar 15
1
Last Salt 75
Mar'04 Amer Gold Dredging 5
8 Feb23 14 Oct 14
134 134 134
14 Am Zinc Lead <& Sm. 25 1,891
1538
40
Feb
24
Oct
10
25
Anaconda
25
50 25 Feb 2
•85
•85
••874
14 J'ly 25
25
Arcadian
54
4734
64
4
334
*
Do
110
Oct '04
Aug'04
105
53
53 4
314 314
13,
60
8
*2
124
•-'2
PlantCom t'st stk comlOO
84
84
Last Sale 87 h
23,
834
3 '8
22
1
12
230
110
3'i
Last Sale
Last Sale
•CO
734
94
111
2
61 34
1334
1
Last Sale io
3
HtglieH
Lowest
17 Feb27
1224 Feb 24
59b 122 4 Jan 5
2,900 1194 Feb 19
6,05o
9 Feb 19
2,063 68 4 Jan 19
3 4 Mar28
10
Tel 100 ""iO 1124 Jau 15
12
230
8
Last Sale
•74
9
4
8
473*
6
6
82 4
Last Sale
Last Sale
2i'»B'2i34
lOHi lOSi
41>4
41
4
10
234
834
3 '8
•50
,
^
8
834
334
1
II4
1^8
119
1334
02
14
57
211a
94
*1
014
•50
2 '4
83*
334
llQ
154
4
Last Sale
6838
14^4
80
Last Sale 4
19
187g 194
18«8 194
7738
76«8 774
76=8 78
•87 \ ••60
-874 ••60
-87 4
13 4
16
13
154 194
93
97
97
934 99
•81
83
83
83
83 4
•92
97
98
94
94
4
'60
1838
134
139
10341044 1044105
•2^
•60
1634
80
5
24
13458
5
•24
25
132 4 134 4
133 133 4
138^8 139
14'8 15 4
82
82 4
3
3
11"8
•90
Share i
illiticeilaneouM
17
79
224 Last Sale
'
*
24
63
31
164
774
1
'
26
2334
8118
•13
•92
•81
•91
•334....
22>2
101>ial03i-.
934
lor JTrvto^
Year ( iyu3 J
Knilrontln
85 Atcli Top <fe Saula FclOO 9,344 64 Marl4 854 Oct 1
844
1004 1 00 4
99 88 Juu 7 lol'.jSep2Ti
Do uref
100
2484 248 4 BoHton & Albany
01 23934 J'ue 7 251 Apr2.-.|
100
153
153
HoHtou Elevated
100
lo;» Zl37 Kob 5 ;54 4!-»-p -*<•
'240
240
Boston ifc Lowell
06 230 Main 240 Ai)r2;i!
100
•104
165 Uuaton <& Maine
214 168 Auir
100
4 J ly 1
2 100
Apr 10 174 Oct 7
Do
\)ref
;....100
302'"
7 2115
Feb 2 4 '302 Oct 6
Boston <fe ProviilencelOO
161
163 OUicJuucRy<fc USYIOO 1,137 130 J'nel.'. 153 Oct 14
10 rll«4 J'nel5 124 4 Jan I'.'
Do pref
100
185 4 186 4 Con A Mont CIhhm 4.. 100
27 ISO J'iiel4 1854 Sep 2;'
I61J
Sep '04 C'onu & I'ass Kiv pref 100
10-J4Jau 4
100 Apr
^8J
Oct '04 (;oiinf,cticut Hiver...l00
270 Jan 25 285 J'uelo
137 4 l;«<4 Kitchbur}? pref
40
J'ne
6
141
Apr 7
133
100
47
47 (ia Ky& Klectrlc....lOO
200 24 4 Jan 2 4834 .Sep 12
8:i
Sep '04
Do pref
100
73 Jau 27 83 Augl8
4'i
Mar'03 Houston El'tric com. 100
171
Sep '04 Maine Central
170 J'ue
lib Apr JO
100
486 11 4 Sop 1
24 Jau 21
Mass Electric C08
100
554
749 65 Oct
554
80 4 Jau 27
Do pref
100
•1334
100
14
Apr 2
5
Mexican Central
100
14'e Sep 15
193
389 185 4 May2 196 Jau 2
1934 N Y N H & Hart.... 100
765
Aug'04 Northern N H
159 Aug2 163 4 Apr 7
100
228
Set '04 NoriTich & Wor preflOO
222 Jau 2 232 Apr 21
124 198 J'nel 207 Apr 21
mil Colony
100
75
Oct '04 Pere Marquette
74 J'ly2
80 4 Feb 1
100
38 08 Mail
7.5
Jan 13
Do pref
100
•38
5U5 29 Augl
40 Rutland pref
424 Oct 4
100
Oct '03 Savannah Elec coni..l00
40
400 40 Jan 15 42 Feb
40 Seattle Electric
100
21 87 4 M.By25 954 J'ly
94
Do pref
100
65
Jan '04 Terre Haute Elec... 100
65 Jau
05 Jan 6
1054 106 •'s Union Pacific
100 6,794 71^8 Mar 14 lOO^B Oct 14
130 80 4 Mar
954 Aug23
Do pref
100
13 100 MaylO 168 Apr^l
Vermont & Mass
100
248 89 Jan 4 93 Mario
914
914 West End St
50
111
109
111
108 Jan 4 1134 Apr 20
Do pref
50
/6'4
164J'ly27 17 4 Feb 20
Aug'04 Wisconsin Central. ..100
37''%
374J'ly27 404 J'ly 18
Aug'04
Do pref
100
145
Aug'U4 Wore Nash* Koch. .100
145 Jau 7 145 Jan
117 118 *117 118 117
I4I4
144 I414
144 144 144
74
7
7
74 714
26
23.
Last Sale
Kange
lfH)4
the
Week
Sep '04 Boston Land
118 Comberl Telep &
144 Dominion Iron <& St
•634
74 East Boston Land
25434 2543, 25434 2543^ 2252 252
252
252 Edison Elec IlUxm...lOO
'172 173
171 171
172 4172 4 17234 174 G^eneral Electric
100
42
41 '8 42
41«8 424
42
42
424 Mass'chuseltsGaaCoslOO
83 4 83 4
83 4 83 4
83 4
83 4 833"
83 4
Do pref
100
•185 188
188 190 138 190
190
190 Mergentlialer Lino.. 100
•114
14 •14 14 Last Sale 14
Oct '04 Mexican Telephone.. ^0
13034 1311, '13034 131
131 131 •1314 133 4 N E Telephone
lOu
934
•75
1394
144 15
814 83
1104 1114 109
224
2^4 *
103»2l02ii
63
63
•31
Si's
IS-*
75>«
13238 133
lie*;116
110
40
40
93 4 93 4
9334
Jiange ror Year
Sales
0/
KXCHANUK
118
118
14
•8
•226
8
•222'ii
10&
*ll4
14
13014:130 4
1
4
139
144 144
•334
255
172
132-->8l32
13834 139
81
40
5
25
'
133
133
•
255
172
4218 42 89
831a 83 4
83»a 83ii
1S5 188 185 188
257'i:
171 171
42 lu ii'^
26
25
132>« 132^8
24
24
40
914 9134 914 914
11041104 •110 1104
Last Salf
Last Sale
Last Sale
'4
13238]I33I4
132 133
I38S2;139
15
15
8110 82
71
1054 1U4»8 1054
944
•94
914
71
Last Sale
77
*116><jll9
•lieSal1184
•1334 14%
14H, 14 !«
•
40
934 934
10339 105
93»8 933.
203
Last Sale
40
95
192 4 193
Last Salt
Last Sale
201
15'i>
•334
'334
302 4 203
76
40
no's 110 "v 110>3ll0'2 1104 llOij.
•16»4
19334
714 714
414
•40
95
139
40
Last Sale
Call .Sale
Last Sale
14
14
134 14
55
65
554 65 4
144 144 •134 144
•714
41
150 4
'138
• 45
138
46
83
Weekly and Yearly
;{
Latt Halt
Last Sale
•81
133,
76
'
10334 10418
•93
302
138
'46
2024203
188
169
302
65 4
65
•134 14 4
I9314 193 4 193
1413
193H!
240
105
109
30J
•1374 1384
•46
48
•814 83
139
47
83
lt>5
240
240
165
106
186
138
13U
49
83
Oct 13
13
302
l-.'3
185
240
166
106
166
>'H)C'KS
UOSTON STOCK
Friday
Oct. 14
Ttiuridaxi
81»8
844 86 4 84
10oa„1003^ 10041004
2484 '^4834 249 249
163 '4 I53I4 1534153 4
24S>4 24rt'ii 218I4 24 m*
•U.3>4l63'a 153 4 1534
'237
'237 240
....
»186
•138
OeL
83 Vj 84 >a
100 U 100^
83 Hi 8334
lUO 100
Cciiiuin Prlcen
Wedneaitaii
'J\ie,tdav
10
Oct.
83*v
100
•24«'y'249
l*rici->i— Not I'or
Monday
aaturdav
Oct.
a
Record, Daily.
Feb
Mai
Jan
2 4 Feb
23 4 Feb
79 Feb
J4
Feb
7 4 Feb
1204 Feb
4 Feb
Jan
144 Apr
58
.
2''g
190
l"l«
333,
l;eb
Feb
Mai
Feb
313, Jan
27'-. Feb
..
17
Mai
33=8 May
9
Feb
1434 Mar
"7 Mai
24 Mai
14
1
Bid and aatwL aNew^stooK. fAas'tpAid. tEx-riifUta. aEi-clir.AngliU
]
Oct.
D
J
6
5
Boston Bond Beoord.
15, 19<»4.]
BOM>>
BOSTON STOCK EXCH'GE
October 14
Ending
Week
Am Bell
Week's
Price
Mange
Friday
October 14
Ask Low
Bid
99 -^ 99^4 sntiu
1908 J-J
Telephone 4m
AraTolep&Telcolltr4s.l929 J-J
Atch .t Nebraska 1st. 7rt..l908 M-S
Atcli 'J'op & S Fe «eu g 4s. 1995 A-O
AdlU'^traent £t4s....J'lyl99o Nor
Boston ElPCtLlghtlstCs.1908 M-S
1924 M-S
C'on.sol OS
1907
1944
& Maine 4 "ijs
1906
(miiioveraent 4s
Bost <fc Mon 3il issne 78... 1904
Boston Terminal 1st Si^js. 1947
1918
Bur & .Mo Biv ex 68
1918
Non-exempt 6s
1910
SinKing fund 4s
1917
Butte <& Boston 1st 63
Cedar Kap <& Mo R 1st 7S.1916
1909
2d 78..:.
J-J
110 Feb'04
104 Ha Apr '00
117 Feb'04
F-A
99^8 Jan '02
'
'
1
,'
B&«Wst48
llliuoi3Div3'2S
Joint bonds See Gt Northern
Chic Jc Kycfe Stk Yds 58. 1915
Coll trust retunding k4s1940
ChMil & St P Dub D 6s.. 1920
Ch A St P Wis V div 6sl920
Chic&NoMichlstgu 5s. 1931
1921
Chic & WMich gen 53
Concord & Mont cons 4s.. 1920
Conn<fc Pass K 1st g 43.. .1943
1927
Current River 1st 5s
1st 4s... 1946
DetGr Uapife
1913
Dominion Coal let 68
1906
Eastern l8tgold6s
1915
Fitcliburg48
1927
4s
M
W
112
J-J
J-J
A-0
M-N 12918
80
J-J
tt9=4
!)7i5
109
109
97-''8lU258
87
961^
110
110
117
117
F-A
M-N
M-S
98
108
94
r24«4
A-O
100
97
107
A-O
MS
10434 Sep '04
108 Sep '04
109i4Mar'02
112i4Jan'03
Oct '04
"98" 100
98 Aug'04
107 >4 107 '4
,
10334
102
Hz
10334
Apr '04
Hj
96\
1921 Q-
9834
4
1234124 4
12434 125
100
10434
1054108
100 1014
95
98
105 4109
10334 104=8
1024103
llli4May'02
137 >2 Aug'04
137 Feb'04
Sale" 961-2
97
137 Hi
97
Note— Buyer pays accrued interest in
97
,
103^4
137
10538 109
98^4
125H2J'ly'04
123 Hj Apr '04
,
J-D
A-O
108
137 4
137
137
137
90
<dSh
9038
96^4
9634
addition to the purchase price tor
all
Ask Low
Bid
deben 53
1910
Non-convert deben 5s. ..1913
1st
7s.
.1017
la Falls<fe Sioux C
KanC Clin& Spr Ist 5s... 1925
Kan C Ft S & GuU 1st 78. .1908
1928
KanC Ft Scott <fe M 6s
1934
Kan C M <fe B gen 4s
1934
Assented income 5s
Kan C & M Ry & Br 1st 5sl929
KanCStJo&C B 1st 7s.. 1907
J-J
9S34
A-O
99
Illinois Steel
10638
1906
1907
1908
1915
1905
N Y<& N Eng 1st 7s
1905
1st 6s
1924
Old Colony gold 43
Oreg Ry & Nav con g 48.. 1946
1922
Oreg Sh Line Ist g 6s
6a
68
6s
58
Repub VaUey
"
No
J-J
J-J
100«8.
10038.
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OS's
13
70«j
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6'8May'04
6^8
74
J'ue'03
10241024
934 97H
10134 102
103 Aug'04
103 Apr '04
106>8Mar'<l3
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102 4104^1
10034 Sep '04
10038
1U038
IO4I4 J'ne'04
1014 J'ne'o4
10038 10l»|
104^4 104'«
10034
105
1
4
03
1204121
103
105 4
103
10234
Sale
112
91
95
100
103^
1004113
7138 80^
102 102»4
105 4 106 "i
Apr '03
102 'u J'ly '04
102
103
87 14 J'ly '01
112 Sep '04
and asked.
4103^
lOOSalOS"!
94 103
Aug'04
4
108
JS038 Sep '04
102 14 Sep '04
105>8May'04
102 J8
10218
1024
101410m
Mar'02
Sep 'o4
10334 Oct '04
107 F'eb'03
105
118
118
67-''8Sep '04
1638 Sep '04
IO8I4 107
108
latest bid
;
'04
'04
102
95
95
93
103
91
104
J'ue'03
121 J'ly '04
103 4 Aug'04
1034.
122*j
95'j
10638 lOSif
lOO^s 101^
I2OI4 122
9.^4 Oct '04
10134 Aiig'04
F-A
100
1074 110
91
76
94
128H
117
92
81
103
1024 Aiig'04
A-O
A-O
A-O
A-O
price Friday
9334
10334 AnB'04
10638 106'V
68
MS
FA
MS
Boston Bonds.
91
99
99
96
128
97
Aug'04
95
,
t
Low High
99
U9
128'8J'ne'04
100 Oct '04
109 Oct '04
121
1224
102
118
63. ..1919
t
,
since
Hidh
100 4100^8 lOO^gSep
1204 Sep
J-J
Rutland 1st con gen 44s. 1941 J-J
Rutland.Canadian Ist 481949 J-J
Savannah Elec Istcons os.l 952 J-J
1930 F-A
Seattle Elec 1st g 53
1918 M-S
Torrington Ist g 5s
Union Pac RR <fc 1 gr g 4s. 1947 J-J
1911 M-N
1st hen conv 4s
United Fruit conv gen 5s. 1911
US Steel Corp 10-60 yr 58.1963 M-N
1915
West End Street Ry 4s
1914
Gold 44s
1916 M-N
Gold debenture 48
1917 FA
Gold 4s
Western Teleph & Tel 5s. 1932 J-J
Wisconsin Cent Ist gen 4sl949 J-J
Wisconsin VaUey Ist 73. .1909 J-J
Ist s
Mange
January
Oct '04
99
99 4
A-O
A-O 100
J-D 1074 '?alc
M-N 1224 Sale
MS 954
M-S
91
92
.\o
J-J
LR&.FtSmldgr 1st 7s. ..1905 J-J
Maine Cent cons 1st 7s.. .1912 A-O
1912 A-O
Cons 1st 48
Mara Hougli&Ont Ist6s.l925 A-O
Mexican Central cons 4s. .1911 J-J
Jan 1939 J'ly
Istcons mc3s
Jan 1939 J'ly
'.'d cons inc 3s
Micli Telep cons 5s tr rec.1929 J-J
Minne Gen Elec con g 5s 1929 J-J
New Eng Cot Yarn 5s 1929 F-A
New Eng Teleph
984
98^4
1^5
M-N 104 >Q
J-D 107
9912IOO
IOOI4 10014
104 105
99I4 100
9018
98^4 Sale
J-J
J-J
81
98 4
108
,
1291*
78
'04
Sep
94
J-J
128
106^4 Dec '021
ai&>aSep'04
J-J
A-O
112 113
100<4l02
9934
99
107 Jan '04
100 14 Feb'04
105 J'ne'04
100 J'ne'o4
A-O
A-O 100 '2.
M-N
M-S
M-S
M-S
FreratElk&MoVlst6s..l933 A-O
Unstamped Ist 6s
1933 A-O
GtNor C B&QcoUtr4sl921 J-J
Registered 4s
9734
8SI4
101
F-A
J-J
4s. 1905
1919
1919
1913
1922
1927
1921
1949
Mar'03
112i2Jan'03
112^2 Sep '04
100^4 Sep '04
99 Sep 'U4
100 J'ne'Ol
129 "s Sep '04
117i4Feb'03
80 Oct '04
100 Sep '04
M-N
J-D 113
79
g4s..Mayl920 Q-F
Cent Vermt 1st
Chic Burl cfcQ extend
Iowa Div 1st 53
Iowa Div lat 4s
Debenture 5s
Denver Exten 4s
Nebraska Exten 4s
Low High
99 1^
96
109 Oct '04
101^4
102
96^2 Oct '04
J-l>
Lowell 4s
<fe
High
1
Week's
h'anfie or
Last sale
J^ice
h'ridav
October 14
BOSTON STOCK EXCH'GE
WEEK Endi.»«; October 14
Since
January
95^4
yS'fcSaie
.
BosTon
Boston
Mange
or
Last Sale
1631
10184 102>t
934103 J
39
112
112^
H Trust Co. ctfs.
PhiladelpMa and Baltimore Stock Exchanges— Stock Record, Daily, Weekly, Yearly
Share Prices—Not Per Centum Prices
Monday
Saturday
Oct. 8
Oct.
Oct.
»81
S2>a 32^4
1534
3234
T!b
74
15»4
•74
48
23
16
48
23
6H0
6I4
11 »8
939
11 ''e
938
•86 4 87 4
874
453,
3''l6
3''l6
66-'4
8
47^8 477s
22'8 23 4
6 4 63je
11^8 11^8
9^8
454
15 's
32^8
IS'^s
I6I4
3234
7=8
33
*
7=8
4734
473,
22
23
64
114
U
Oct.
81
96
Oct.
12
284 284
874 88
814
81
96
814
95»8
16
164
16
3314
3334
3334
16>«
3334
20
PHILADELPHIA
Mid
11
93
8
Inactive Stoctts
10
50
Bell Telephone
50
Cambria Iron
50
Central Coal & Coke. 100
Preferred
100
Consol Trac Pitts
50
Prelerred
50
Danville Bessemer... 14
Diamond State Steel
Iron
<fc
Steel
Easton Con Electric... 50
Klec Storage Batt
100
Preferred
100
Genuaulown Pass
50
Harrison Bros pref... 100
Indianapolis St
100
Inter Sm Pow & Chem.50
Lit Brothers
10
Mltle Schuylkill
50
Minehill & bchuyl H..,50
Haven
Iron
38
Steel.
North Pennsylvania.. 50
Penu Gas
50
Pennsylvania Salt
50
Pennsylvania Steel. .100
Prefc;rr('d
lOO
PliilaCo(Pufs) pref... 50
Phil German <fc Norris.SO
Phila Traction
50
Railways General
10
Sustjueii lion
<fe
100
11
"u"
62 4
64
214
103
98
24
Do Ist pret
Do 2d pret
434 43
3934
3934 39i6ie
56
66
96
964
1934
20
964
•19
56
97
^.
21
50
50
50
50
100
Union Tracton
United Gas Impt
Welabach Co
PHILADELPHIA
Ask
Mid
Berg<feEBrwl8t6s'21JJ
103
Bethle Steel 68 1998. Q-F
1174 119
Che &
D Can Ist 53 '16 J-J
ChOk
&G gen 5s '19
J-J
654
3
1034
100
Ist
&
Indianapolis Ry 48.1933
Interstate Rys—
3-3 4-48 1943
F-A
Lehigh Nav 448 '14.Q-J
RRs 43 g
1914. y-F
GenM 448 g. 1924. Q-F
Leh V C let 68 g '33. .J-J
Leh V ext 4« Ist 1948. J-D
M-S
2d 7s 1910
J-D
Consol 6s 1923
J-D
Annuity Os
Leh V Trac l8t48'29.J-D
Nat Asphalt 68 rects
New Con Gas 58 1948 J-D
Consol 5s
Penu
Pa<fc
66
82
d"
P
cfe
N
1919. ..Var
Md Steel con Gs.
Y Can 78 '06. J-D
I
10834
"83»4
844
639
2,116
2.064
3,858
86
Mid
Mar
43 4 Oct 6
Marl 4 3915,9 Oct 14
4534 Jan 2 5634 Sep 8
81 Mayl6 9934 Sep 26
1934 Oct 13 22
J'uel8
38
28
1
liowest
M 78 1911
J-D
M 68 g 1911. ...J-D
Ex Imp M 48g'47.A.O
Con M of '82 48 '37. J.J
1204
112 4
105 4 106
1044 105 14
Terminal 58 g 1941.y.F
125
103 4 104
W& B col
tr 48 '21. J-J
Rochester Ry con os 1930
S R E Side 4s interim ctfs
U Trac Ind gen 58' 19. J.J
U Trac Pit gen 5s '97 J-J
Welsbach s f 58 1930. J.D
102
109
113
114
117
117 4
lie"
U5 4
98
116
60
984
61
58 4 Dec 72 4 Jan
84 4 Oct 118 Jan
1034
Dec
284 Jan
20
Oct
Oct
46
8
Dec 52 4 Jan
174 Nov 2634 Jan
4 Nov 9«i6 Jan
38 Dec
4034 Jan
104 Jan
71l6 0Ct
10 Dec 11 De«
19 Nov 36 J'ly
64 Aug 7934 F©»
344 Nov 457g Jan
4 Jan
14 Sep
5538 Nov 7334 Jan
35 Oct 4734 Feb
Aug 9 Jan
5
734
1334
Dec
36
Sep
Nov
64
5
38
76
20
164Jan,
Oct
102
103
100
70
54
S9
90
110
AnacostiatV; Pot 5s
Atl<fe Ch l.st7...1907 J
10334 104
107
lU)
Atlan C
98 4 98 4
117 4 119
941, 90
107 4
L Kli4Hl962M
Atl Coaat L(Ct)ctf8 5s J
<,'tf« of indebt 48
J
Bait C PaH8 Ist r>s '11 M.
Bait Fundg 58.1916 MExchange 3 48 1930 J
i'u'4
1064
1134
101
Retuuding3 4s 1952J
Holt cfe PlslOsml'll A
119
112
116
115
IJaltTr!iolHt5a..'29MNo Bait Div 5s 1942 J
Convertible Ss.'Oti M.
119 4 120 4
102
103
Cent'l
la '?j[-(liyldon«L
Kycon5Rl932 M-
EitA Imp
108 4
C'has City
^
JBlx-rigbta.
Uy
58.1932
1
ri
M
5s '23 J
t$15paL<.
114
114
113
Hf5
4734 Feb:
Aug 31
Georgia P Ist 68. ..'22 J-J
GaSo ifc F'la Ist 5s 1945 J -J
G-B-S Brew 3-4s 1951M-S
2d income 58 1951 M-N
Knox V Trac 1st 58 '28A-0
El 1st gu5s'42M.S
Mar
Mid
Atk
85
114
112
114
104
117
87
104>9
1114
1154 116
109^
109 4.
Ill
123
114
63 4
26 4
101
115
117
673.
111>4
54
27
68 >a
Incomes
184 19
N<feO P Ist 58'38 M.N
97
99
1354 Npt
General 5s.... 1941 M-S
96" Norfolk .St Ist 5s '44.. J J 106
N ortli Cent 4 48 1925 A-^ 3 110 112
Honda
1143<
Feb
404Jan
Mt Ver
155
135
290
90
28
97
60
1779Jan
Jan
341 lie
441 lie
2734 Nov
40^8 Sep
aiet,St(Wash)lst5s'25FA
Cot Duck 1st 5s.
BAL'riDH>KE
Inactive Stoclis
Atlanta & Charlotte. 100
Allan Coast Line RR 100
Atlan Coast L (Conn) 100
Canton Co
100
Georgia Sou <& Fla...lOO
Ist pref
100
2d pref
100
G-BS Brewing
100
Mt Vernon Cot Duck
Unit Elec L <fc P pref.50
Jaa
144 Jaa
4034
ColcfeGrnv lst68.1916J-J
Consol Gas 6s. ..1910 J-D
5s
1939 J.D
Ga& Ala Ist con 53 '45 J J
Ga <;ar & N 1 st 5s g '29 J-J
UlkeR
Highest
Lowest
BALTLUURE
Ask
Con
Con
.
62
5134
r
AO
Con 5s 1939
A ()
Con 48 1939
Penn Steel 1st 58'17 JI N
People's Trlr certs 4» '43
P Co 1 st.fe col tr 5s'49 M S
nrices: no sales on ".his'iaj.
993<
tr ctfs
1(»
"'i^e
109
M 5s 1920 M-N
Peo Tr stk
45
154
Warwick Irondfe Steel. 10
West Jersey & SeaSli.50
lOajS*
Ry Ist con os 1932
ConTracotN J Ist 53. '33 1094
10
Wealuiorelanil Coiil...50
106
Col St
88
270
Bldanu aaked
23 \4
6
3934
Elm <fc Wll 1st 63 '10. J J
Eq II Gas-L Ist g 68 1928
H <fe B Top con 6s '25 A-(J
125
United N J RU&C..IOO
Unit Pow ife Trans
25
UnlteilTrac Pitts
50
Preferred
50
*
474 48
56
90
Newark Pass con 5s 1930
46 4 N Y Ph <ft No 1st 48 '39 J -J
160
Income 48 1939... M-N
973< 98
No Penn Ist 48 '36. .MN
2
Deben 6« 1905
M-S
"i" Penn gen 6s r 1910, .Var
Consol 68 c 1905. ..Var
14
Steel..
Preferred
434
23I4
PHIIiADEI.PUIA
Elec
Coal
Tidewater Steel
*43
8
29
8818
E&A
"67"
50
<fe
Highest
82
100
343 574 Jan 5 82 Aug26
•944 954 Northern Central
160 71 J'ne 2 97 Sep 29
50
16 4 16 14 Seaboard Air Line
100 1,279
7 J'ne21 1634 Oct 3
3334 3334
980 1334 J'ne21 344 Oct 4
Do pret
100
•74 8 United Ry & Electric. 50
460
534 J'ne 1
9 Sep 28
Choc& Me Ist 58 1949 J-J 110
50
KeysioueWatchCa8e.lOO
N
Lowest
Phil Elec gold trust ctfs. 102
1024 Chas Ry G El Ss '99 M.S
Boiitis
Trust certifs 48
67*4 68
Charl C<fc A ext 5s. '09 J-J
1154
74 Al Val E ext 7s 1910 A-O
AmRy8Conv5s 1911. J-D 1024 102 4 P <& E gep M 6 g '20. A-O 116
2d 7s
1910 A-O
Gen M 48 g 1920.. A&O 104 104 4 City & Sub 1st 58.. '22 J-D
Atl City Ist 68 g '19. M-N 1123<
"464 47" Balls Ter Ist 5s 1926. J.
9934
Ph & Read 2d 53 '33. A-O 1254 1264 City& Subt\Vas)lst58'*8
Keystone Telephone ..60
Nesquclioning
48
tor lYevioMI
year (1903)
Week
Shares
Baltimore
Consolidated Gas
*81i4
Mange
738
Preferre<l
Preferred
Year
tor
19U4
<fc
American Cement
Amer
•4734
22's
6
1134
938
29
88
Stocks see below)
14
Mange
Sales
the
or
Philadelphia
627 43 J'ne 3 4934 Augl5
American Railwaya.... 50
Cambria Steel
50 17.800 184 May25 24 Oct 14
6I16
2,840
Consol
Lake
Superior^.lOO
4 May 13 X 634 Sep 19
6H8
1134 12
397
138 May 13 tl24Sep21
Do pref.t
lOU
9I4
939
938 Electric Co of America 10
938
904
734 Feb 8 10
Sep 20
8
127
8
8
8
Gen Asphalt interim ctfs..
54 J'ly 15 13 4 Feb 8
2918
29
29
51 20 AuglO 38 4 Feb 6
29
Do uret interim ctfs..
893.
8934 904 Lenigh Coal & Nav
88
50 3,122 62 4 Jan 14 904 Oct 14
47=8 494
484 49 Lehigh Valley
50 34,602 3334 Feb 26 49 4 Oct 13
2 '8 Mar 3 4ii6 Jan 25
34 34 MarsdeuCo
434
100
34 34
6634 66 '8 66IB18671I18 Pennsylvania RR
50 10,834 55'8 Marl2 e-iiieOct 14
43 H2 Philadelp'aCo (Pittsb) 50 10,495 37 »8 .May 17 43 4 Sep 21
424 4234 43
64 616i6 6i5ia 7 Philadelphia Electric. 25 3,820 5 May25 738 Sep 1(1
*14'4 154 Phila Rapid Transit... 50 2,305
15
15
8 Jan 6 tl8 Sep 10
35 '8 36 4 Reading
35=8 36
50 64,337 19 4 .\larl4 36 4 Oct 14
47 '8 47 '8
22^8 23
20
Ask
95
8
'
ii-iday
Oct.
944
4534 46
45^8 48
314
34
a'^ia S^ie
66»ii6 67 1 16 661I18 674 66i5i8 671,
4284 4234
4234 43
4234 42 'e
42=8 4278
6I618 o'^ie
7
7
7
7
15 14 *15
I514 15>4 •15
Id's 1514
154
3534 36
3534 363ie 35i3i6 364
35"i9 367i6
•4234 434
43^4 43 14
43
43
43
433f,
39I18 39 'i
3934 3934 •3914 3934
39
Saiie
•6634 50
65'8 65 '8
65^8 56 '8 '*55''8 56
>4
96
96
P73t
4 964 96^4 9638
66 4
13
81
64
933
8
95(
87 4
4538 46
11
81
95
's
Thursday
Wednesday
Tuesday
10
ACTIVE STOCKS
(For Bonds and Inactive
J-J
63 1904
J-J
Series A 6s 1926
J-J
Series B 63 1926
Pitt Un Trac 58 1997.J.,J
Poto VallstSs 1941. .J-J
Sec Av T( Pitts) 68 '34 J-D
Sav Fla<k\Vest 58 '34 A-O
seaboard A L 48 1950 .\-U
.S,^al>cfe Roan 53 1926. J-J
Smith Hound lt<t 58..A.()
U El L<t P lst4 'u8"2i» .M.N
MS
Un
Rv.fc Ell.Mt43'49
Iuroitie4sl949
J-D
VaMId 1st 63 1906. .MS
MS
ser
3.4
MS
58
1921.
41 h
2il
series 6s 1911...
3d series 6» 1916. .MS
series 5h 1926. M-S
(State) 3r new '32. J-J
6tli
Va
Fiinddebl2 3H1991.J-.I
West N C con (is 1914 J-J
WesVaCcfcP IstOgll JJ
Wll <t Weld 5s..lT)35.JJ
120
122
114
113
115
114
804 80^
111
112
95
9SHi
904 90\
454 46^
102
110
114
113
112
95 4
96 4
97
11534 1!6<«
1124 ll'2\
118
t Itoorganizatioji oertificnt«> f3 aasessment pAld.
—
.
—
—
—
THE CHRONICLE.
1632
[Vol. Lxxii,
4>na Securities
Volume
Business at Stock Exchanges
ot
THE NEW YORK STOCK EXCUA^aU
WEEKLY A_ND YEARLY
TKAJS'SACllONH AT
DAILY.
Indiana Nal &
Ist Cb 1908
Stoekt
Ballroad
October 14
Share*
1
232.044
HI 8.349
Saturday
Bonds
Par value
Tuesday
81)1,872
73,72«.276
80,430.700
Weiluesilay
9ll.r)5ti
8.'),79b.l5li
MoDiliiy
820,281
TliurHilay
1,495,019
Kriduy
5,4(t(i,50()
4,855, .'00
T7.044.lO0
137,701.400
6,tiU.i,000
7,617,000
bales at
Xeto York Stock
January
Week ending October 24
Kxchange
1903
1904
BONDS
&overuuient bonds
Total bonds.
14
$12,147,759,1(75
$562,300
$9,500
23,000
14,474.500
$592,680
12,864,S40
697,204 ,9u0
$9,281,850
420,600
628,420.800
$30,967,000
$14,507,000
$610,662,420
$538,123,250
.$6,000
1,07 1,000
DAILY TRANSAOTIONS AT THE BOSTON AND PHILADELPHIA
EXCH,ANGES
Week endino
October 14
iyu4
Unlisted
shares
histed
sharen
Monday
61.4'j3
Tuesday
Wednesday
51.24S
37.544
Thursday
36,9t»9
4,122
15,374
12.351
11.797
23,473
48,332
38.386
Saturday
...
Friday
28,396
264,012
Total.
Philadelphia
Boston
105,503
Bond
Listed
shares
sales
$15,000
8,600
20.000
35,500
45.000
27,000
Unlisted
shares
12.089
33.803
23.55J
23,717
27,557
43.796
$151,100
164.521
5,570
l''.,754
11.011
B,388
14.525
21,549
75,797
Weekly Review
of Outside
Market will
Street Railways
Bid
NEW YORK CITV
32
Bleeck St& Sal F stk 100
1!l8tmort48 1950 ..J-J
& 7lh Avestk ..100
TI2dmorl 58 1914 ...J-J
Con 5s 1943 See Stock
B'way burl 1st 5s gu 1924
2d 5s Inl as rental 1905
llCent'l Crosst'u stk.. 100
lIlstM Oa 1922 ...M-N
liCeu PkN & E R stk. 100
Clir't'r& 10th St stk 100
5ol<fc 9th Ave OS See Stock
95
242
104
Exch
List
TIB'y
DEB
Dry
<fe
3—
no8
oy-..
i
330
^117
205
177
Exch
110
101
350
121
210
185
Bond
sales
$106,000
168,800
86,900
115,300
98,600
3ti,500
$612,100
Hist gold 5s 1932. ..J-D 111
99
llScrip 5s 1914 ....F-A
Avenue st. . . 100 390
Eighth
H
F-A 105
HSorip 68 1914
1142d&GrStF'ystk..lOO 390
42dStM & StNAv..lOO 50
fllstniort 6s 1910 .M-S 104 12
80
1I2d income 6s 1915 J-J
Interborough Kap Tr. 1 00 147
Second Avenue stocklOO 1:211
fllst mort 6s 1909 M-N no2'.j 103'...
F-A mi's 113
Consol53 1948
KSlxlh Avenue stock 100 172
Sou Boulev 58 1945. .J-J no2
SoFerlst 5s 1919...A-0 4105
Third Avenue See Stock Exch
P <fc 5s 1928 103
Tarry
YkersStRR 5s 1946A.O 105
28th & 29lh Sts l8t 5s '90 ?U2Wi
UTwenly-Th'd St stk 100 390
J-J
96
Deb 58 1906
Union By Ist 5s 1942 F-A 109
Westchest l8t 5s '43 J ^ 104
M
176
106
108
List
106
107
114
400
99
100
100
Ist4sl948
M-N
ConsTiacol N J...100
1933
J-D
New'kPasRy 5s'30J-J
Or & New Ist 6s '05 A-O
Essex Pas 6s 1905 M-N
Rapid Tran St Ry..lOO
Istos 1921
A-O
J C Hob&PatersoniOO
48 g 1949
M-N
So J Gas El & Trac 100
GugSs 1953
M-S
No Hud Co Ry 6s'14J-J
UuitRys(StLTrans)100
Preferred
«en 48 1934
100
See Stk
UnitBysSanFran 6'eeStk
Wash
El Co.... 100
Ry&
Preferred
100
48 1951
J-D
112
100
loo's 1|We8t Chicago St
llCon g 53 1936.. ..M-N
Ave 5s 1909.. A-O no2
A-O 110
Con 58 g 1931
Impt 58 See Stock Exc list
113
Gas Securities
NEW YORK
102
238
104
241
Cent Union Gas Ist 58...
Con Gas (N V) stk. See St
Conv deb 6s ctls iSee.Stk
BBA
68 1933. .A-O
W ECity
stock. ..10
Brooklyn
!i
Con 5s See Stock Exch list
Bkln Crosstn 58 1908.J-J 102
Bkn HgU IstSs 1941 A-O 104 106
Bkln y (Jo & Sub See Stk Exch list
Bkiyu Rap Tran See Stk Exch list
DConeyls. (fcBklyn ..100 340 350
l8l cons g 48 1948. .J-J IOOI4 101
Brk C
N
5s 1939. J-J
GrSt&New Ist 5s '06 F-A
Gr'pt&Lorimer St Ist Os
<fc
113
100
104
115
Kings
Co. Elevated
l8l 48 1949 See Stock
100
Nassau Elec prel
58 1944
N
l8t4» 1951
Wb'K<feFlatlslex4>2S
ttteinway Ist 6» 1922. J -J
OTHER CITIES
Buffalo Street Ry—
l8t consol 5s 1931. .F-A
Deb 68 1917
A.O
Chicago City Uy .stk. 100
Clue UnlonXrac see Sl'ck
Cleveland Klectr Ry.lOO
Columbus (O) St Ry..lOO
Preferred
] 00
Coinni Ry con 5s See Pli
Crossi'wn 1st 5s '33. J-D
Grand Hapids Ry
100
Preferred
100
i
Exch
list
75
A-O 110 113
See St k Exc h li3t
Buyer pays accrued
9
EquitGascoa6sl932 See
Mutual Gas
loO
New Amsterdam Gas
II
1st consol 58 1948. .J-J
N Y G EL Ui&P See Stock
N Y East River Gas—
10 la
28
30
80
76
80
103 105
58'^ 59
23
80
81
77
74i<2
H06
Hi4
75>2
IO8I4
114't2
6100
101
iii)0^ 101 "2
250
niO
255
20
78'2
loo
J103
ill3
58 1928
J-J nio
Ext OS 1924
M-N ^104
Pat City con 6s'31.J-D ^122
2d 6s. ...1914 opt A-O noo
Rochester Ry pref ... 100 lol
Con 5s 1930 See Plula list
2d 58 1933
J-D i
80 Side El (Chic) .stk.lOO
90
Syracuse Kap Tr 58 1946 H05
Atlan
A-O
«98
20
99
95
100
Gas
'so'
68
63
37
41
Mailison Gas 6s 1926.A-0 4106
109
Newark <Ja« Os 1944. Q-J
136
Newark Consol Gas.. 100 80
81
llCon go8 1948
S-D nos'-.i 109
No Hudson L
H
<ft
Pow—
10
79
107
105
Istos 1944
Consol 58 1945
JJ
Telephone
TIAmerTeleg& Cable 100
Teleirr
<fc
92
9-!
100
llCentral ik S.iAuier. 100 106
210
1|Commeri;ial Cuole ..100
Commer Un Tel (N Y).2;" 115
Emp & Bay State Tel lOO 78
47
Franklin
lOo
HGold & Stock
lou 118
1l4'-is, 1905
Hudson River Teleph 100
UN
J Teleph... 100 156
5s 1920 See Stock Ex Chan
120
H North western Teleg. 5(
78
Pacific & Atlantic
25
HSouthern <fe Atlantic 25 100
BeUTelopli of
93
100
fi'tllalo
109
8*
52
121
Chicago Edison Co. 100
KiugsCo El Life P Co 100
Narragan (Prov) El Co 50
. .
•;
92
159
L'
e list
123
82
103
160
183
187
91
55
86
22
100
N JlOO
4
OTIiEH CITIES
<fe
Hob Fy Istos 1946 AI-N 4108
Y<feNJl8t5sl946.J-J 4104
45
10th <fc 23d Sts Ferry 100
95
Ist mort 58 1919... J-D
31
HUniou Ferry stock .100
Hist 53 1920
M-N 90
Northern Pacific
When
Dominion
100
Preferred
lOi
102
88
12 "i
Hall Signal Co
Preferred (w i)
4s (w i)
6s (wi)
Am Typelo'rs com... 100
II2I3
Preferred
100
Amer Writing Paper. 100
Preferred
100
J-J
58 1919
64
IIBarneyife Sm Car ...100
100
96
1i Preferred
50
Bliss Company com
5o
Preferred
96
IHi
14
10
22
•23\
48
94
20
'.J
84
15
24>2
C0..IO1
Preferred
100
Hecker-JonesJew'l Mill
Ist 68 1922
M.s
34 '2
.
Hemn g- Ha U-Marvinl 00
1i53
100
100
30
40
2
6
5»<
30
99
9
35
100 >a
77
81s
310
320
101
130
104
10
60
4l«
9
50
.5
1
90
nh.
'I'New Y'ork
Dock
100
loo
155
N Y Transportation.. .20
114^ Nor Am Lum'r <fc PulplOO
36
liOntario SUver
100
Otis Elevator com
77
KX)
961,
35
86''8
871.
41 S
43
11
49
57
6
47
105
50
Preferred
50
Pittsburg Coal
100
Preferred
100
Pratt <fc Whitn pref. .100
Realty .A.ssoc (Bklyn)lOO
Royal BakPowd pref. 100
Russell <fc Erwin
25
Safety Car He.it.fe LtlOO
Seminole Mining
6
Singer Mfg Co
100
Standard CouplercomlOO
Preferred
100
Standard Milling Co. 100
Preferred
100
95
5s
1
Standard oii of 'n J 1 . 100
103 S 105
Storage Power
50
85 100
Swift <S; Co See Boston St
33
1st 5s 1910-1914. ...J J
94 >2 Tennessee Copper
26
2
4
IJTe.xas & Pacific Coal 100
67
72
1st 6s 1908
A-O
11
14
Title Guar <fe Trust ... 100
165 170
Title Ins Co of N Y..100
250 500
Tonapah
(Neva<la).l
Exch list
Tre u to u Pot teries com 100
Prelerred new
100
225
Trow Directory new. .100
88 »s 89
Union Copper
10
61
65
Union Typewr com.. 100
108
108*2
1st preferred
100
30
2d jirelerred
100
89
UnitBoxboardJfe Pap.lOO
100
Sh 3'2 Preferred
l^i-i 17
lot
U S Cotton Duck
77
79
U S Envelope com...] OL
18
erreit
1 Ki
Pref
II
118
U S Realtyife Imp See St'k
130 150
Shipbuilding
(wi)...
S
U
130 146
Preferred(w i)
500
5 ccrtifs
121
122
U S Steel Corp new 58 jSe<'
112
115
Coltr sf 5s'51 opt '11 ..
Coltrsf 5s '51 not opt
»18
t
117
Universal Fire Ext'r. 100
lis
14
18
Universal Tobacco. ..100
67
100
Preferred
63
l"*
Westchester & Bronx
9 "2 10 >2
Title <fc Mort Guar Co.
59
60
Westingh Air Brake. .50
105 115
White Knob Mining. 10
Worthing Pump pref 100
420
Mm
48
8
t
t
1»4
4^4
'24J«
40
99
25
24 >a
44"
15
71'«
16»a
711a
23
t
2334
lis
140
17
3'-.
t
--J
8'*
80
36
96
1
Brewing
4
10
125
47
IV
100
Phoenix Mining
34 »2
74 'i
20
102 i-j
16
14
75
115
42
105
135
14
40
<fe
115^1 116'4 Pitlsburg
46
102
92
203,
22
69
1871a
100
liNat Enam <fc Stamp 100
IJPref erred
100
National Surety
1(K)
UNew Central Coal
20
99-k.
t
20
76
20
66
Mosler Safe Co
N Y Biscuit 6s 1911. M-S
N Y' Mtge Security. 100
105
10
47
55
14 >s
8
23 »2
88'^
95^.
100
180
ISU
991
34
74
3
10
90
170
Preferred
loO
Ma<lison Sq Garden.. 100
2d 6s 1919
M-N
Manhattan Transit
20
Mex Nat Construe. pf 100
93
85
II412
105"
1
34 14
Mont & Boston Consol
36
105
..lOu
Mackav Companies
25Hi
1
loo
100
Oil
16
35
102
M-N U02
1910
\
20=8
10
15
94'-2
80
8
Havana Tobacco
Houston
6
38
56
96
«b
12
lOo
Preferred
H
I
4'
32
liLoriilard (P) pref ...lOft
i>Iiscel
Amer Tobacco (new)
Common (w i)
76
H
100
Preferred
See fttook
20
44
J-J
llPref erred
Wabash Pitts Term Ry
l8tg4sJunel 1954.J-D
2dg4s June 1 1954..
Preteired
12
135 >a
5
Hackensack.MeadownlOO
Hackensack Water Co
Rerg48 52op
7
41 7g
1024
38
70
Gold Hill Copper
1
Greene Consol Copper.lO
Greene Consol GroJd...lO
Preferred
op... M-S
and
6'f
4l»<
lol
134
.Securities. 10i<
Electric Boat
Lauston Monotype
2i
Lawyers Mort Xnsur.loo
Lawyers' Title Ins. ..loo
Lord <fc Taylor pref ..10l>
2h
2W
50
Alliance Realty
IIAllis-Chalmers
II Preferred
21>2
Monongahela K Coal. .50
140
Preferred
1
lot-
83
90
lOS
110
60
6<»
10
10
.SliifeEu Bldgloti
List
10
reieaseil
4»4
loo
^1 Preferred
Cuban Os of 1896
IjDiamoud .Match Co. loo
Internat'lBankingColoi
Int'n'l Merc Marine. 100
Preferred
loo
Col tr deb 4'2l922op'07
International Salt
100
1st g OS 1951
International Silver. 100
Preferred
loo
Ist 68 1948
J-D
Kailroad
. .
106 Hi
160
170
Cramps'
liCrucible .«teel
Preferred
5
111
66^«
65
Cont'l'oOac deb 7»'05A-U jioi'i 102'«
Cotton O1I& Fibre, prel.2:j »
3
6
Hudson Realty
78
J-D
Chio Peo & St L pr^.lOO
Deposited stocK.
Undeposited stock..
Prior Uen g 4 '28'30M&S
Con mlg g 5a i930.JtS5J
Income os 1930
Chic R I <fe Pac— Bel g 4>
1934 op to lyll....A.o
Erieconv4s.\!iri'53AA;0
N Y Centiieb 4s '34.M-N
92
co"^
15
Hoboken Land<& Imploo 200
155
Brooklyn Ferry stocklOO
N
y4««
105
105
BatlerylOi
Ist preferred
2d preferred
NY&CJ ElLibPowColOO
Preferred
United Electric ot
48 1949
80
Havana Commercial. 100
Electric Coiupaiiies
Industrial
113
110
.Siorasre
45
66
104
91
100
17
17'8
100
72't 73
100
S3^ 8358 TIAmer Bauk Note Co. 50
62
64
American Can 00m... 100
Preferred
i 80
84
100
American Chicle Co.. 100
Preferred
100
American Elevated
Am Malting 6s 19 14. J-D
4108 110
.•\.mer Press Assoc'n.lOO
k Exc h Ust Amer Shipbuilding. 100
Exch Ust
Preferreil
100
Stk E X. list Ara Soda Foun com.. 100
2iiO
310
1st pref errtMl
1 00
2d preferred
100
50
H08>'i 109'^ .American .Surety
Exch Ust
Ainer Tobacco (old).. 50
«111
107
N Y & Richmond Gas.lOO 35
Nor Un l8t 5s 1927. M-N 5 104 "a
^jstandard Gas com ..100 130
100 155
II Preferred
Ist 6s 1930
M-N Silo's
J-J
ConH
40
89
95
65
85
i
Refng.KMJ
Preferred
50
Electric Vehicle
loo
Preferred
100
Electro-Pneum'ic Tran 1
Empire Steel
100
Preferre<l
100
llGeneral Chemical ..100
100
U Preferred
11
«fe
Llg<fe
Electric Lead lieduc'n.50
ColUrosl907
list
list
Ry
5
no3
I'll
Consol Rubber Tire. .100
Debenture 48
102
64
Bid
P2
95
Compresseil Air Co... 100
CoDsolid Car Heating lOu
liCons Firew'kij com .100
1 00
II Preferreil
3
South Pao pref (w 1) .100
Va <fc Southwestern. .100
64'2
Exch
Exch
ilCoinniou
Colife HockCoal<blpnoo
Ist gSs 1917
JJ
noo
Seaboard Air Liue^
91
100
100
A-O
Northern Securities.. loo
Pitts Bess & L E
50
105
1i2d preferred
IndCNatifc lU .100
Ist 63 1926
J-U
Pat & Pas Ga8<& Elecioo
II Con g 58 1949. ...M.;
St Joseph Gas 5s 1937.J -J
<fe
N
BROOKLYN
12
BANYlstOs 1911.JJ 106
Con 5s 1948 See Slock Exch
Ask N Y E R Ferry stk. 100
^tjj
75
S^
Ist 5s 1922
M-N i 87
95 C N ¥
J 95
106
Hob con 5s '46. J-
Preferred
4>ijs 1952
J-J
North Chic Str stock. 100
Pub Serv Corp ol J 100
Tr ctls 2% t<> 6% perpet
North J ersey St By 100
114
101
See St i Exc list
Metropol Securities See Stk E X list
Metropol Street Ry See Stk E X list
Ninth Avenue stock. 100 185 192
W
NewOrlRysCo
405
106
105
70
107
85
148
& Pav F 6s
Lex AV
found on a preceding page.
Ist OS
100
Y&N
Lake St (Chic) El stk. 100
Ist5sl928
J-J
HLouisv St5sl930..JcSiJ 113\4 114
Lynn&Boslst58'24.J-D ill2^ 113Vj
list
102
Ferry Companies
Street Railways
Ask
34
98
248
107
be
98
100
100
Lafay'eGiislst 6k'24.M-N
nduHlrinI nnd .MImcpI
^ClaflUKH B) 1st pref 100
loo's Cons
81
i
llPrelerreil
Outside Securities
A
50
A-O
OS 1938
129,793,399
46
76
M-N no5
Jackson (ias Co
58 g 1937
Kansas City Gas
1i5a 1922
110<$,
29,890,000
State bouils...
RR. and mis. bouds
$6,000
TJ09,JU0
$91,5 JO
$11,700
shares, par..
42
65
50
hog* WabV lHt6H'25.J-D
1903
1904
Gas—
M-N
111
Indian. ipolls Gas
Ist 6» 1920
IILaclede
"5,000
1 to October
105.712,818
3,156.3:?!
5,189,121
S tocka — N o. shares
+481,l!tl,^2o $299,Ho9,225 $9.784, t;83.4.")0
Par value
Bauk
$1,000
*29,890,000 $1,071,000
5,180.121 $481,191,225
Total
fl
Bond§
$72,500
122.000
105 ,500
263,500
113.000
334,500
$1,715,500
3,000.500
f2ft,888.tf00
O
SlaU
Bonds
<tc
Ask
Bid
Fort Wayne 68 1925.. J-J
62
66
lias* El Bergen Co. .100
28
32
Grand HapidH Gas
lilsl 58 1916
F.A noi 103
Hudson Co Ga«
100
i<3
95
58 g 1949
See Stock Exch Hat
100
140
106
61
175
107
63
182 4
Hi
600
i«
600
2812
110
125
30
78
644
10
32
80
649
•a
•<
t
Exc h'ge
410l=b 102
k
32
75
}105
646
156
33 »a
90
110
t
t
160
8\
14
80
75
11
75
65
'i
t
80''
78
110
106
112
110
1
8
4
1
9
6
20
77
73
62
Exch list
00
93
10
'^32
50
60
Binghamtou Gas 58 193S i 95
32
Biooklyn Union (-Jas deb
Boudct J\Itg Guar. ...100
Stk E X list
Borden's Cond Milk.. 100
Os 1909 conv '07. ..M-S 193
J112 113
111
4110
'^
loo
1(15'.!
Butlalo
slock
City
(i;ts
4
Preferred
107 H,
00
4^<
4
}110 111
Isl 5s 1947 See Stock Exch list
170
176
Cainden Land
6
lOo
Chicago Ga.s .See N V St k ExcU list
Celluloid Co
Exch list
100
Cent Fireworks com. lot
73\ 74 Consol Gas o( N J
10(
Ist 58 1936
Preferred
94
96'4
JJ
93
J91
lOO
109
Consumers' L li <& Pow—
Central Foundry
130 150
100
58 1938
Preferred
ila list
J.n niO
1130
UDetroit City Gas
Deb 6s 1919 op 'OlM-N
50 f
}108
lOo
Elizabeth Gas Lt Co.. luo 200
Century Realty
65
121 126
Essex <& Hudson Gas 100 113 114 Iciiesebrough Mfg Co 100
intoroau 1 Prloe per sliaro. t Sale i>rlco. a Ex rights. xEi div, •„ Sells on Stock Excliango, bat not a very active security.
101
nio
lOi
Amer Lights Tract.lOO
i'ref erred
Hay Stjite Gas
1
1
1
.
Oct.
—
—
.
.
.
..
...
..
,
.
1
1
..
THE CHRONICLE.
15, 1904. J
^wxrjestmjent
anu
1633
gnuuiQzncfc.
;Shlaxlr0aa
RAILROAD GROSS EARNINGS.
The foUowing table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
oan be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
columns the earnings for the period from July 1 to and including such latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
July 1
Latest &ross Earnings
ROA.DS
Week
or
to Latest
Current
Previous
Year
Year
Current
Year
S
$
Month
& Char..
Atl Knoxv ife No.
Atlantic <& Bir. a
Atl Coast Line..;
Bait & Ann S L..
Baltife
Ohio
Bangor & Aroosi
June
&
August...
July
August...
Saoo K. August
&
Canadian
Pacitic tst
Ist
..
wk Oct
wk Oct
August...
Januar.v .
I
St
wkOot
AUf;Uat
August.
Istwk Oct
Chlcind ifeL'v... ist wk Oct
Chic Milw & 8t P August..
Ohic& North
August.
&0. August .
Ohio St
Chic Term Tr Ki< ist WK Oct
Gin N O & T Pao. 3d wk 8ept
CI Cin Oh ife St L August...
Peoria* Eaat'u August...
Colorado ABoutb ist wk Oct
Col Newh & Lau August.
Copper Range... July
Cornwall
August..
Com wall A Leb August.
Cumber I'd Vallej January...
Denv. & Rio Gr. /
Kio Or. West. $ Ist wk Oct
Det <te Mackinac. August .
Detroit Southern. Ist wk Oct
DulSobhifcAtl.. 1st wk Oct
Brie
Auguflt...
PM
W
.
Evansv
&,
TH... June
F'rchild&N'r'e";) August...
rarmv& Powhat July
Ft W A Denv City August...
Georgia RR
Aujiust...
Ga South & Fla.. September
,
Gila ValGA; N.. July
GrTrunli System 1st wk Oct
GrTr. West'u. ithwkSept
DetOr H&M.. ilhwksept
Great Northern.. September
MontaiiiiOent'J September
Total system. September
Gulf&ShipIsland ItliwkSept
Hocking Valley.. Ist wk Oct
Hous <fe Tex Cent January ..
W.Texas. January ..
HouBifcShrevep't January ..
IllinoiB Central.. September
Illinois Southern September
tnd
Iowa... August
Int ite GtNorth'n Isi wk Oct
H&B
m&
{Interoo(Mex)... Wk Sept 24
Iowa Central
Ist wk Oct
Kanawha &. Midi Ist wk Oct
Kan City South'u August...
LakeErie&Westn September
Lelugh Val RR.. August
is. Kast'n. August ...
Long iMiand
May
Loulstaua <fe Ark. August
Lexmg
Louisv
Louisv
Macon
Ueu&StL June. ......
iV Nashv Ist wk Got
&
Blrm.. September
Man'teeiSi Or. du-p
,453,99ri 1,359,539
2,929,083
13,603
11,144,894
329,828
5,912
9,215
2,299,717
176,557
13,603
16,215
,870,352 5.989,448
:-^itta 1 St wk Oct
Bull RocU
Bullalo ASiisq.. August
Canadian North.. 1^1 wk Oct
Cent'lof Geoi-j^ia
Cent'l of N Jersey
Central Paoitic.
Ohattan SoutU'n.
Cheeap & Ohio...
Chio& Alton Ry.
Ohio Ut Western
317,285
124,226
..
.August
Bellelonte Ceut'J August....
Brldgt
260,262
65,928
317,285
63,049
55,890
July. ...
August....
August
176.010
3,538
4,818
170.679
96,241
80,800
166,368
5,656
4.171
160.360
76.722
980,100
72,200
,057,000 982,000 14,101,071
225,900 208,600 2,626,848
,979,575 1,983,260 3,901,230
,460,659 1,349,578 13,775,430
39,215
1,152
1,«74
,819,781 1,645,291 3,491,284
,193,064 1,047.166 2,140,204
157.920 172,822 1,995,573
108,938 1,592,073
1 18,025
:,205,054 4,178,541 8,207,274
:,929,010 4,843,746 9,554,090
977,702 1.015,677 1,825,523
431,796
31,708
33,342
133.901 134,039 1.579,414
;,126,098 2,001,296 3,890,182
493,84
260,127 258,561
134.796 153,848 1,632,508
31,884
17,357
15,&73
56,490
56.490
55,760
11,910
9,969
5,875
38.088
20.688
29,410
149,750 125,193 1,291,195
357,000 365,600 4,603,915
170.780
79,686
90,343
33,309
393,687
30,089
55,441
759,126
53,5o3
:,103,8bO 4,455,601 8,034,325
1,725.190
5,590
2,866
3,057
7,987
6,067
7,987
383,046
191,373 259,118
368,222
193,666 178,248
407,523
140,679 130,581
41.126
41,126
698.788 687,406 10,003,046
133,055 155,163 1,154,465
39,282
426,576
40,810
,701,674 .017,620 10,645.823
562, 5( s
196,120 181,524
897,794 :,199,144 11,208,401
48,266
457,557
44,300
145,322 145,166 1,853,068
418.280 460.339 3,461,608
81.363
519,274
69,903
19,041
16,514
124,142
:,228,835 ,003,963 12,248,227
24,002
74.420
16,022
129,835 122,469
248,350
134,483 128,507 1,614,909
114,800
96,440 1,306,670
5;j,392
46,260
679.258
30,306
31,022
487,557
520,672 511,370
995,971
464,373 487,770 1,346,385
:,410,31
;,754,704 4,966,863
39,890
53,413
78,249
•.877
Inc. 296
67,603
126,001
54,367
895,970
768".9Vo 732,410 9,970.299
11,761
32,413
9,884
8,809
16,117
9,786
;,
Oross Earnings
Allegheny Valley
Jan.
Atlanta AOharl Air Line.. Mar.
Atlantic & Birmingham a Dec.
1 to
1
1
Bellefonto Central
[Jan. 1
Chic St P Minn
Omaha.. Jan. 1
International & GtNorth'n Jan. 1
Lake Erie
Western
'Jan. 1
&
|
&
Manistee* North Eastcm'jan.
1
Manistique
1
Maryland
&
IJan.
PennsylvanialMar.
Missouri PaciUc
Jan.
j
Central Brandi
Total
.
Mexican International
{Mexican Railway
1
1
J an.
[Jan.
1
..Jan.
1
j
1
Jan. 1
I
Aug. 31
to July
to Juno
to Aug.
to Aug.
to (Jcu
to Sept
to July
to Sept
to Aug.
to Oct.
to Oct
to Oct
to Au^.
to Sept
31
31
'
7
30
31'
30,
3l|
7
7
7
31
24'
& No East
Mania
Manistique
Maryl'd & Penn.
taiexicanCent'i.t
Intern.
t Mexican
{Mexican Ry
{Mexican South'D
MlUen & So'w'n.
.
,610,148
967,549
455,051
563,240
861,550
481,837
1.808,096
33,820
55,760
20,271
63,733
842,194
Phila
&
1,466,799
398,728,
35,367
6,805,5,59
4,020,346
3,671.614
250,643i
62,721
155.677'
31,469,285'
1,306,000
32,775. 2Mr>
4.682,h84
4, 369,200;
Frevtoxts
S
$
C & St L August
Pittsb
Raleigh & O Fear June
Reading Railway August
Coal&lrCo
.
Gal Hous &; No
T&Mex
&
RK
H
H
44, 045
Texas Central ...
24;:!, ,987
Texas & Paciflo..
1,523, ,799 TexS V ifeN W ..
1,250, ,780 Tol & Ohio Cent
653, 714 TolP<fc West ....
W
455, 301
1,011, 302
TolStL<te
Tor Ham <te Butt.
1,<143, 617 Un Pac System ..
5.483, 935 Virginia <& So W'n
Wabasli
Jersey
W
Wheel&
it.
Sea'e
LE
Wm'sport&N.Br.
Wisconsin Cent..
Wrightsv &. T'n..
Yazoo
FIJ-iOAl.
<te
Miss. V.
August
August
1,249.127
769.511
2,084,430
3,940
2,954,758
2.281,211
5,235,969
1,195,127
780,104
2,221,364
3,072,882
2,850,949
5,923,831
124,258
50,957
10,702
4,413,261
119,268
3,197,932
141,7*>
224,409
135,532
229,995
109,167
7,908,767
1,349,578
593.810
99,724
12,547
161,821
473,036
36,645
288.974
65,523
2,503,802
.
Latest
L>nt
Previous
Year
34,332
29, 6S6
26,759
25. 366
55,615
60, 831
4,066,710 4.055, 657
1,121,277 1,079, 689
1,330,300 1,265 000
242.058
225, 405
12,665
7, 711
182,470
155, 890
8i^,7,ol4
840. 788
2,216,000 2,003 021
5.269,719 4.766. 387
11,915,665 11,872, 151
501,000
494. 000
12,416,665 12,366 ,151
116,097
89 ,308
2,096,322 1,998 943
2,751.838 2,660, 932
2,705,636 2,805 716
65,496
57. 317
l,7'l6
892
21.015.428
1,349,376
391,771
3,771.158
1,757.551
13,122,665
389,649
37,668
1,215.505
19,780,993
Vec. 65
3,602,809
2.417.505
1,489,056
3,992,940
50,142
5,616,196
4,619,150
10,235,346
127,989
42,932
112,878
6,930,812
226,847
6,195,938
2,320,353
918.546
497,550
2,487,719
344,946
14,909,935
13,775,430
4.221,191
807,199
96,570
1,144.280
2,990.794
292,660
2,576,550
661,749
19.658,844
3,405,692
2,253,290
12,949,852
579,988
176,365
181,305
2,698,627
38,100
1,196.536
364,738
1,018,352
160,377
9,477,692
97.523
7,730.311
1.301,631
1,241,130
17,479
1,923,463
24,056
1,741,525
20,998' 245
1,364 ,087
482 820
3,870 814
1,842 051
12,938 588
345 ,070
37 ,813
1,127: 716
22,036 693
9,400
3,278, 755
2,34i: 805
1,556 ,426
4,386 595
6,204, 302
5,876. ,547
12,080; ,849
124, ,258
50 ,957
135 ,201
8,351 041
234, ,140
6.083, 159
1,932 ,892
649, ,541
446, ,481
2,408, ,983
312, ,464
15,632, 891
12,847, 305
4,014, 019
696, 201
106, 623
1,168, 165
3.013, 301
288, 262
2,344, 219
565, 161
17.932, ,714
1,917, 719
12,129, 577
551:.
115
166, 161
145. ,167
2,823, ,177
34, 100
1,100, 651
359, 778
905, 112
153, ,785
9.123, 840
11^. 943
6,863, 525
1,326, 831
1,329, 671
19, ()2o
1,970. 318
o*> (HyH
1.646! 893
Vl5:Alt»».
ROADS
Grots Earnings
{Mexican Southern
Jan. 1 to Sept 21
RRof Mexico.. Jan. 1 to Sept 30
Northern Central
Jan. 1 to Aug. 3
48,661 cPennsy., East of P & E.. Jan. 1 to Aug. 31
eWe-slof P& E
7,564,567
Jan.' 1 to Aug. 3
4,075,759 Pere Marquette
t
7
Jan. 1 to t)ct
3,891,362 Phila Baltimore & Wash. Jan. 1 to Aug. 31
217,678 Philadelphia & Erie
Jan. 1 to Aug. 3
55,046 I'ilts Cin Chic & St Louis. Jan. 1 to Aug. 31
163.457 Rio Grande Junction
Dec. 1 to JiUy 31
31,394,632 St L Vandalia «fe Terre 11
Nov. 1 to Sept 30
1.096,000 Terre Haute & Indianap
Nov. 1 to Sept 30
32,490.632 Torre Haute & Peoria
ti) Sept 30
Nov.
4,'<00,242 Texas <& I'aoillc
7
Jan. 1 to Oct
4,004,500 West Jersey & Seashore.
Jan. 1 to Aug. 31
i{;503.615
1,321,759
to
¥
127,989
42,932
12,825
iihwkSept
3,896,814
August
135,052
August
3,412,434
August
Ist wk Oot 198,367
September 350,573
September 169,069
2d wkSept 235,282
September 119,917
7,779,376
August
January... 1,460,659
January...
580,584
January...
77,226
10,300
January...
January...
161,517
417,904
Januar.r ..
January ..
30,084
January... 312,659
J<»uu<4i'y...
70,159
January .. 2,619,233
453.189
January...
302,477 287.550
J auuary.
Ibt wk Oot 974,494 915,150
September 215,827 192.271
62.572
September
53,526
4thwksept
27,483
29,333
Ist wk Oct
230,151 213,882
Beptembei
15,400
13,200
72,126
83.179
Isc wk Oct
Isc wk Oct
23,601
23,058
1st wk Oct
73,233
65,942
4tliwkSept
15.387
14,648
August.. .. 4,812,090 4,535.682
August
50,832
58,023
1st wk Oct
557,713 502,257
August
691,450 744,750
Ist wk Oot
88.277
87.049
July
19,020
17,479
Ist wk Oct
136.000 135,783
August
12,530
11.203
September 639,135 582.110
July
July
1
Current
i ear
Year
34.332
29,686
7.894
8.638
September
30.780
32,201
August ..
2,089,896 2,052.815
August
550,471 536,801
August
Wk Sept 24 103,300 99,900
18,746
18,647
3d wk Sept
6,949
3,953
August
13,293
10,733
Ist wk Oct
59.650
64,265
Ist wk Oct
212,038 165,935
Ist wk Oct
431,379 361,142
Ist wk Oct
733,000
Ist wk Oct 780,000
29,000
41,000
1st wk Oct
809,000 774,000
1st Wk Oct
8,110
Wk Oct 1 10,052
137,220
Ist wk Oot 141,004
196,285 189.751
Ist wk Oct
270,214 265,422
•ithwkSept
26,918
20.482
September
1,746
2,892
July
September 7,250.540 7,056,151
702,570 6«O,890
August
211,510 218.104
August
1,961,587 1,927,290
August
919,236 919,036
August
September 4,680,106 4,611,213
30,321
33,284
February..
19,547
20,228
August
614,740 567,353
August ..
August. . .
Erie
10,355, ,770
GultWT&P..
1.367, ,538
Louis'a West...
358, ,533
Morgan's L & T
11,018, ,185
N V
..
55s, ,460
Oregon
Calif.
11.576, ,645
So Pac Coast....
467, ,174
So Pao
Co..
1,867, 618
So PaoSS. Lines
3,358, ,251
Tex<kNOrl
555, 001 Southern Railw'j
144, 551 Terre
<fe Ind . .
11,797, ,266 Terre
& Peor..
31, 758
18, ,664
Current
Year
July
PhilaBalt&W'sh August
Total Both Cos
Rich Fr'ksb & P
Rio Grande Jot..
5,082,594 Kio Grande So...
Rocklsl'dCo
163.517 St.Tos&Grl
478,926 StL&San Frang
631,186 StL Southwest..
8,883,852 StLVan&TH..
1,722,315 San Fran <teNP..
5,786 Seaboard Air L.
6,067 Soutliern Ind
522.055 So Paciflo Co 6...
354,856
Central Paoiflc.
408,562
Gal Har & S A.
104, 145
,227
108, 869
808, 547
9,899, 924
Week
Month
iu y
10299890 11041290
ePenn—EastP&E August
Lftc. 33 6,200
eWeatP&E.... August
Pere Marquette ic 1st wk Oot 275,073 245,996
Current Year Previous Year
Decrease.
31'
30,
or
260,262 Mineral Range..
128,877 Minneap A St L.
.M8tP& 8 St M.
775.254 Mo Kan <te Texas
16,215 Mo Pac & Iron Mt
11 853,915
Central Brancb
328,974
Total
11,535 Mob Jack & K C.
9,226 Mobile <fe Ohio...
337,361 NashOh<fe StL..
157,225 {Nafl RRof Mex
848,600 Nev-Cal-Oregon
992.500 Nevada Central..
,391,945 N Y C & Hud Riv
,869,847 N Y Ont <fe West.
.847,305 S Y Susq & West
31,169 Norfolk & West'n
,216,666 Northern Centra)
000,073 North'n Pacttio..
,327,509 Nor Shore (Cal)
,576,120 Ohio Blv& West..
,337.604 Paoilic Coast Go.
I'AtClOl'S
ROAUS
ROADS
Previous
Year
676,229
59,508
670,311
55,333
Ala Qt Southern. 3d wk Sept
Ala N O <te Texas' Paciiio.
579,795
199,242
201,883
NO (fcNoEast. September 11.3.947 99,682 312,783 603,626
271.254
Ala <Sr Vlckab'g September
325,266
319,040
Vioksb SU & l\ September 11»,176 116.692
Dec.
279,251
I>ec.
142,862
Allegheny Valley August
537,037
39,824
37,572
567,550
1st wkOct
Ann Avbor
.444,334 5,594,733 10,187,170 10,981,325
AtcliTop &S Fe. August...
Atlanta
Latest dross Earnings
Date
{National
.
1
'Current Year [Previous Year
$852,074
8.605,104
6.636,045
76,476.669
Decrease
8,935,372
8.990,216
4.959,722
15,611.100
350.K19
2,642.132
1,911.578
576.635
$737,139
8,553.095
6,882.245
82,191,969
2,034.400
8.569.783
8.965,816
5,164.432
16,267,439
367.(i39
2,23-', 609
1,821,495
8,335,4 19
ri6H,709
8,40H,6!>9
3,077,083
3,051,683
Monti^rey ^b Mexican Gulf are included for both periods.
6 lne,lu<l<^s the Hous. iV Tex, Cent,
1 Mexican
cnrrouoy.
both
both years and for botu periods,
e Covers liiie.s directly operated.
</ Inclu'les the Chicairo .Si Eastern Illinois In
years.
< Including Sav. Flor. <Sr West and also Florida Houthern ai.d Hanford
A Ht IVt<>rsbiirg livs. in both years. «• Includes Lake Krle
& Det Rlv. Ry. both jears. a Those lUcures are for the cons jlldatod ooiuuanr, Inoludinir Tittou Thosv. Jii Gulf and Tifton ii Northeastern
t
and
Results ou
its subnld. lines in
—
..
.
.
THE CHRONICLE.
1(>34
Vol. lxxh.
—
Latent t«roH8 Karnliifrs (>7 Weeks. In the table wbiab
follows wp 8um ap separately the earnlngB for the first
wAok of October
The table oovers 89 roadB and •hows
6 26 per ohdi iDorease In the agf^egate over the same week
last ypar.
1904.
1«< yD€€M of October.
Ann Arbor
*
89.82<
170.H79
80,800
A
BuiraU) Rooh.
Pittab'e
Canftdlan Northern
OADaaiac Paoino .. ....
(l^ntrai .)r<*eori?ia
Chattanoo^ra Hontliem.
UUioaKO urei»t vvoetern
Denver
d>
A
Bouihern
Bio (4rande
Detxolt Southern
DolntD 80. Shore A AU
Gr'nd Tronh of Canaaa 1
Orand rrunu West../
Det.Gr.Hav.A Mllw.
75. '100
208.600
17,300
1,874
1.152
722
9.087
53.6fc3
698,788
687,406
11,382
145,322
134,483
146,166
128,607
46,260
31.02^
782,410
10.731
69,650
166,935
381, '42
733,000
41.O0O
137.220
189,761
2i5.996
141,729
916,160
218.88
72.1i6
166
6.976
7.183
Kanawna & filloURan...
Louisville & NaahvlUe..
30,306
76S.9iO
Mineral Raat;e
Mlnneapoils A St. Loola.
Minn. 81. P. A 8. 8te. M..
Mo. Raiisaa <» Texas
Mo. Pacltto A Iron Mt...
Central Branch
Mobile & Ohio
Nashv. Ghat. A St. L«al8.
Pare Maruaette.
1
Bt. ivoate So nth western.
13.29o
64,26
212.03-'
431.: 79
780.000
2 .000
141,004
196,2»5
275.073
198.367
974,494
230.151
8.^179
Sonthem Railway
A Paciflo
T netlo A Ohio Mntrai
Toledo Peoria A West'n
Texas
1
23,601
23.0")8
•;8,i33
6\942
557,713
87.049
136,000
502,.!&7
8,796.62S
8,278,586
L.A West
Wabash
Wheeling A Lake Erie...
Wlseonsln Central
Total (39 roads)
26 p
8
•>*«..•.
14,002
172,H<;2
ie8.938i,342
163.848
3 6^,600
33,309
56.441
53,:i92
(6
1«.319
8,600
226,900
lowaOentral
Net increase
37.572
160.360
Dtcrtatt
1.634
19.0S2
8.600
3.220
1,858
>••••«••
S
HooklnK Valley
.,
Int^rnanonal <& Gt.Ho..
Tol. St.
*
2.252
•
1,067,0011
)
.
Inertatt
7:^.200
982,00*J
157.H20
ll8.02^
81,708
134.796
357.00
80,089
Ohio. Indtan'llHdk Lioaisv.
Ohio. Term. Tranafer...
Ooiurano
1903.
0.,
716
36.500
2.660
4.61^
46,103
50.237
47.000
12,000
3.784
6.531
29,07"
66.C38
59,344
16,26
11,063
64
55,45b
•••• -••.
• •-•
1.228
•••
217
68. ,1*
517,937
..
Current
Preciout
Tear.
Year.
i'tar.
Year.
Roads.
Lowell Eleotrlo Ll^ht
Corporation
Aug.
17,279
16.470
July 1 to Aug. 31
84,418
32.922
8.B09
Manistee A Gr. Kap. Aug.
9,786
July 1 to Aug. 31
16,117
18,664
tfanlstlqne.b
Sept
7.894
8,638
Jan. 1 to Sept 3o
62,721
56,046
Minneapolis Gen. Electric Co
Aug.
43.619
39,144
July 1 to Aug. 3i
86,541
78.069
Ohio River A W*»Bt.Ang.
19,547
20.228
July 1 to Aug. 3i
87,688
37,813
Phlla. A Erle.b
Aug.
769,511
780,104
Jan. 1 to Aug. 3 1
4,959,722 5,164,432
Rook Island Co. a. ..Aug. 3,896.814 4.413,261
July 1 to Aug. 3 1
6,930,812 8,361,041
St. L. A San Pr. dnolnd.
Chto A E. Ill ).a..Aug. 3,412.4'?4 8.197,932
July 1 to Aug. 3 1
6,195,938 6.088,169
Seaboard Air Li n e a Aug. 1,014.770
946,619
July 1 to Aug. di
1,98«,015 1,921,2:9
ISonth. Pao. Co.a. Aug. 7,779,376 7.908,767
July 1 to Aug. 3i.... 14,909.935 16,632,S91
roLPeorladtWent.bSept
121,655
113,534
July 1 to Sept 3u ...
341,137
336,720
anionPao. SyHt.a..Aug. 4,812,090 4,536,682
July 1 to Aug. 31... 9,477,692 9,123,840
vteoonsinCentr'i.bAug.
602,094
618,539
July Ito Aug. 31.... 1,180,863 1,243,950
—
—Int., Rentals, etc.
Current
Previoiis
63.210
Tear,
1908
IttereoMt.
$
PrevloaBly
rejj'd ,39r'ai'
Ann Arbor
Grand Trunk of Can...
Grand Trunk West..
I>et.Gd Hav. « MUw.
Gull A Ship leland
9
11,344,726 10,7P3,816
54,614
55,339
*
Deerea$e.
i
686,296
185,885
726
t
>
976,460
988,500
18,050
44,300
48,266
1196 440
8,966
S
11114.800
Mexican Railway
Mob. jMkHOD A K..01ty..
U 103,300
no.os^
141.004
12.H2
Mobile A Ohio
Bio Grande Southern..
1I9S*,900
ts,iio
18
,2'.
I'exas Central
29,33.^
10,70
27.48
Toronto Ham. a Bnflaio
15,387
I4,t*4-
Total (51 roads)
Net tnoreaHe (4 60 p c
12.845,79
12,280,4.^0
...
H Week ending Sept 24.
X
Week ending
18,360
8,400
1.942
8.784
2,123
1,850
.... ...
73
718,494
565,36^
15i,1.6
Oct. 1.
—Current
Gross Earnings. —
Previous
Net Earnings.
Ciirreut
Previous
Tear,
Tear.
Tear
Tear.
$
$
$
$
Deo. 142.862
Deo. 503.616
177,983
190.488
331,808
36^,679
4,818
4,171
9,215
9,226
510,625
492,508
974,6Z1
968,875
133,112
141,296
266.996
281,817
15.973
17,357
31,884
33.B20
20,688
29,410
38,088
63,733
Otalo.Ter.TrauHi.b.Aug.
July 1 to Aug. 1 ...
Oolnm Newb.A i..bAug.
July 1 to Aug. 3i....
Gornwall A Lei>au..Aug.
Joly 1 to Aug. 3i
Edlaou Elec. lUuiu. Co. of
8,165
7,256
Brockton, MH^•B..Aug.
72,322
65,185
Jan. 1 to Aug. 1 ...
Fall Blver Gas Works
26,468
24,771
Aug.
Co
62,154
50,544
Jan. 1 to Aug. 3i ..
Aug. 2,680,705 2,669,642
Or. Iriink of (..an
July 1 to Aug. 3. ... 5,099,119 5,306.918
867,421
419,492
Gr. Trunk Went... Aug.
8tt5,7iO
7itl,V22
July 1 to Aug. 3i ...
121,176
159.621
Det.t^r. H. A
1. Aug.
219,479
889.556
Joly 1 to Aug. 31....
Houiibton Conuiy £i. Lt.
10,990
11.873
(Bonirhton, M oh.) Aug.
165,982
176,:e88
Sept. 1 to Aug. 81....
deM.813
3.828
11,039
888
1,92
18,121
39,723
4,341
16,396
32.981
3.920
9,138
305,586
1,670,350
1,785,158
2.996,248
3M,683
1,690.500
l,3fi9,516
2,163,593
1,369.187 1,161,705
2,231,906 2,176,161
280,785
213.441
506.579
444.236
2,483,883 2,232.630
4,486,141 4,312,612
32,258
27.697
76,413
83,554
2.209,713 1,940.005
4,432.096 4,066.441
243,907
246,326
476,592
474,548
.
Deo. 139 ,580
Deo. 692,079
64.293
68,606
103,640
99,277
1,807
1,945
3,6i9
4,4 5
213.936
210.771
419,118
380,(03
68.75H
43,(-37
88.733
118,765
4,(63
6.0M
8.224
18,024
8,301
16,403
13,906
86,026
i!
-Jlal.
/-
of Xet Earn'gs.-,
Previous
Tear,
Current
Tear.
$
$
26,846
70,931
548
505
1,806
4,024
8,004
1,012
4,019
8,052
*38,104
*51,126
1,402
2,663
4,277
5,902
868
8,000
1,056
6,666
1,748
23,666
9,613
215
473
85
94
8,244
18,489
9,367
80,840
2,187
26,450
2,187
26,250
1.941
52,873
1,894
49,236
1,157
2.308
1,112
2,220
5.654
11,397
4.654
10.259
9,511
18,909
247,697
495,268
23,C07
69,067
146,333
294,710
9,225
18,172
231,034
462,500
28,008
69,024
145 848
295.024
& Saoo
July
.
$
26,871
53,728
Aug.
to Aug. 3 1....
Riv.Aug.
Aug. 31....
Cornwall & Leban..Aug.
July 1 to Aug. 31
Edison Elec. Ilium. Go. of
Brockton. Mass. .Aug.
Jan. 1 to Aug. 3i ...
Fall River Gas Works
Aug.
Co
July 1 to Aug. 3
Brldgt.
1 to
*42,582
•29,635
1,302
3,413
12,385
27.974
625
Houghton Couo'y El Lt.
(H-nghton, Mfcti )Aug.
Sept to Aug. 3». ,.
Lowell Electric Lisrht
Corporation ... Aug.
Jtily 1 to Aug. 3l
Minneapolis Gen. ElecAug.
tric Co
July 1 to Aug. 31 ...
Seaboard Air L<n«..Aug.
July 1 to Aug. 31 ...
rol.
,
.VI 1
1
—
Net Eamingg Monthly to Latest Dates.—The table toWo^
ing shows the gross and net earnings of Stbam railroade
reported this week, A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these oolumns, and the latest statement of
this kind will be found in the Chboniolb of Sept. 24,
1904.
Th3 next will appear In the Issue of Oct. 22, 1904.
Allegheny Vaiiey...Aag.
Jan. 1 to Aug. 31....
Ann \rbor.b
Aug.
July 1 to Aug. 3i ...
Brldgt. ABaon R.b Aug.
July 1 to Aug. .->!...,
Chlo. Ind.ALuuio.a.Aug.
July 1 to Aug. ^1 ...
July
I
•
Jtnad*.
Ann Arbor
1
Interooeauio (Mex.)...
5,76
12,47
def.ieo
550
678
Tear.
$
Roads.
1904.
6.811
13.705
Interest Charges and Sarplns.— The following roads, in
addition to their gross and net earninas given in the foregoing, also report charges for interest, &c,, with the surplus
above or deficit below these charges.
...
For the fourth week of September our final statement covere
61 roads, and shows 4'60 per cent increase in the aggregate
over the same week last year.
4<A vBtek of September.
—
I'rfriiiuH
a Net earnings here given are after deducting taxes.
b ^etearnlnKS heresiven arebeforededaetlnv taxes.
I Houston A Texas Central and its subsidiary lines are included.
7,291
88,277
135,783
'aniingg.
Current
Peo.A
Sept
V/t^m..
July 1 to Sept 3o
Wisconsin Central.. Aug.
July 1 to Aug. 3i
—
8,610
7,171
20.814
14.809
•84,814 •df.17.501
*21,063 'df.11,639
9,251
4,689
14,629
7,346
*1 00.573
*i00,944
•186,256
•186,624
After allowing for other income received.
*
STREET RAILWAYS AND TRACTION CQYIPANIES.
Orots flamtn)/*
Latest
OBOS8
EAKNINOS.
IfM/IC
or if
<
Jur'nl
Tear.
Prf»' ut
tear.
/an
1 to liixu.n
Dne
Ourrty^t] Prtwious
Tear,
I
Tsar.
i
«
34 980 31.662
192,4421 178.886
Albany A Hudson . . August
American R'ys. Oo.U. Septembei 132,568 132513 1,082.50211,027,105
63,553
293,890
Aur. Elgin A Ohio. Ry .AuKOSt
9
Blnghamton Ry
lAUKUat
Boston A Worce«ter.. Auf'ust ..
Burllngt'n(Vt.)Trac Suptcmber
27.879
66,866
6,630
25",372
170,lu2
161.669
60.124
7.710
58,056
126,661 227,666 2,^00,054
Ual. Gas A Electric. |An){U8r
344.804
August
53,199
50,201
363.827
Cent. Penn. Tract
324.276
636
^hlcatto A Mil. Elec. September 53,711 40,921
September 62,863 tt7,0S6 688.640 598 780
Ohio AOak Park
Toi.Tr.
341,503
324,859
AUfiUat.... 51,343 66,645
Cm. Dayton A
'Tin. Newp. A Coving.
682,391
July
121,410 109,007
730,86 ?
Light & Traction.
Citizens' Ry. & Lluhi
67.81
9.583
63,883
10,007
(Muscatine, Iowa).. AUgURt
330,231
Uleve.A 80. W. ir.Oo.. Shpi. mber 46,289 43,159/ 853.071
84ft
149.<3^
111
24,04'i
861
Angnsc.
25
E.
V.
A
Uleve. Pains
85.2 6 84,92« 3.463.281 3.372.292
Detroit United Ry..n Ibt wk Oo
476,645
ll,.'S2'
4 2,946
lot wk Om
11.741
Duluth Street Ry
766,024
East St. Louis & Sub. Septembei 131,478 9-',248 980,292
805.694
41,893 47,423 S02.il
KLgiD Aurora A Son. Angnsi
. .
It
.
.
1
2,606
31,666
1,681
16,179
8,459
18,962
866,604
1,652,177
4,3H0
6,818
59,371
96,843
9,452
20,934
851,667
1,652,663
6,813
58,398
42,825
68,131
4,128
79,828
4,081
76,486
Ft.
Wayne A Vabash
291.919
67,664 59,932 336.676
Valley IraoMon... July
Qeary Street Ry.... 'ei>tember 14,857
'3*62,073
U.'isV.iw
davana Eleo. K>.Co Wk. Oct. b 131,411 130,591 tl,
Sonololu Rapid Tr
A Land Co
donghton Co. 8t. K;
Illinois Traction Co
iniUanap.
August
AuKUot
August..
A K>\st. Ry August
Indlauap.ift Martins
vine Rapid Trail..
August
Indianapoii'& North
weatern Traoilun.. Septembei
interuat'l Tract. Uo
System (Buffalo)..
August
18,810
26,696
2O,H70
216,208
129,322
79,7.18
71.00.
618.471-
22,23
17.9tit
139,0 7
26.38>..
<
l-e.i'S?
128 620
489,347
94.546
13,674
87,801
i9403.» 4«9.98( 2.739.83412,624.877
.
.
—
—
...
—— —
.
THE CHRONICLE.
Oct. 15, 1904.
Murningt
Latest Orott
Obobs
CABNINQS.
wuKormo
Jan.
1
to
—Current
Gross Earnings. —
Previous
Lain Date
Ourreni
Frevwu$
Year,
Year.
Year.
Year.
$
9
11,337
21,677
9
$
Ry
Aagast.... 13,161
164.547
25.222
138',25'i
JaobBonville Eleo.Oo. July
365.379
2,324,333
Kansas Olty Ey.& lA. July
Lake Shore Eleo. By A.uga8t.... 78,616 77,325 423.707 464,414
Lehigh Val. Trao. Oo
66.160 54,633
409,173
428.515
August
Street Ry. Dep
106, .^50
12,984 11,932
99.762
Electric Light Dep August
35,629 35 835
2 4,381
201,188
Aagast
Lexington Ry
19.230 18,317
97.721
93 886
LoadonSt. Ry.(Oan.) July
9.104
9,424
68.002
M,35 2
Mad. (Wis.) Traction A.ugust
Met. West Side Elev.. September 161 860 169.4S9 1,543 96.^ 1,525 094
MU.Elec Ry.&Lt.Co August.... 272,326 264.920 2.084,94 1,964.082
UlL Lt. Heat & Tr. Co August.... 80,336 49,338 2<^9,>i46 37'«,:'<78
236,245 211,816 1,639,427 1,468,347
Montreal Street Ry. August
Ittaaoa Street
1635
•
.
Beads,
—
Terre HauteEiPot.-Aug.
Jan- 1 to Aug. 01
youngstown-Sharon Ry.
Aug.
<& Lt. Co.a
Jan. 1 to Aug. 3i
Wayne
17,647
AagUBt....
14,019
13,459
2,691
3.848
12,758
N«w London St. Ry
Norfolk Ry. & Lt. Oo.
August. . .
Railway
Olty Gas Co
BTor. Ohio Tr & Lt. Co
Northern Texas Trac.
Northwestern Elev..
Olean St. Ball way..
Orange Oo. Traction.
PeekB.L't'g&BR.Co.
Philadelphia Co. and
AlBUated Corpor's.
Pittsburgh MoKees-
July
.
port
&
July.....
September
August.
September
June
August..
July....,
Jane
64,804
23,432
29,079
74,237 71,428
9,44A
7,742
80,785 84,014
48.62^ 43.860
99,610 1C2,160
9.105
7.436
15,875 14,025
10,807
872.92^
90,708
669.714
359.842
941,823
47.741
78,522
160,889
343,040
78,915
P66,30i
29^,347
913.817
1,187 ,ai8 1,310,889
15,876 13,351
Greensh'g.. June
Aagust...
23.312 22.344
41.656 36 992
August...
1.958
August. .
2,079
August.... 137.369 119.304
24,732
August
Dnlon Tract.
Bya Co.CMn.— Roads
UghtOo'B
Rochester Railway ..
Bocb.&East.Rap.Ry.
Bookford Belolt A
Pottsv.
Janesvllle
September
8t Joseph (iS.0.) Ry.
Lt.Heat&Pow.Co. September
12,378
11,826
88.4'<3
73,647
68,644
136,114
225,275
16.929
984,699
65,967
129.117
212.286
16,309
888.474
98,288
101,687
69,816
49.905
St. LoolB Transit.... September 1051,453 635.110 7,298,308 5,401.814
Bao Paolo ( Brazil
106,000 100.587
Tram. L't A Po. Co. July
49,93^ 50.'' 66
365,040 340.472
Savannab Elect. Oo. August
647,912
619.677
Boranton Railway... September 77,54f 78.622
Seattle Electric Co. . August.... 192.368 188,541 1,612,370 1,362.929
Sonth Side Elevated s«iiiember 112,6811 L22631 1,128,957 1,140,110
39.80"
942
1.144
40,660
Sprlngfl'd A Xenla Tr Wk Sept 18
622 5«0
71.328 68.56S'
660,622
lyraoase Rap.Tr Ry August
Tampa Electric Co.. Aagust.,.. 30,009 26 507 231.509 19«,499
368,494
296,112
Terre Hante Elec.Co August.... 54,426 46.266
160.112
ToLBowLGr.&So.Tr July
24,134 26.402
148.459
156.367 150.615 1.139,603 1.075,918
Toledo Rys. & liight. AagUAt
Toledo & Ind. Ry.... August. .
9,152
7.889
141.903
Toledo <h Western... August
22,974
Toronto Railway
Wk. Oct. 8 44,870 41,546 1.849.i87 1.642.769
Twin Olty Rap. Tran. IstwkOot 81,791 77,44f 3.287.494 J.096.378
United of 8an Fran
Augast.... 552.234 '572,808 4.299.368 4,039.380
Wash. Alex. A Mt. V AUKUSt
21.159 20,604
160.292
162,253
YonngBtown-Bharon August..
38.617
30 2.905
i
16.436
121,061
Interest Charges and Snrplng.
Int.,
Rentals,
Year.
Year.
—
3,454
27 838
68.281
(Hancock, Mich.) Aug.
Jan. 1 to Aug. 3i
Aug.
Lake 8h. Elect
Jan. 1 to Aug. 31
Northern Ohio Traction
—
Light Co
Sept
Jan. 1 to Sept 3o
Olean Street Ry... May
20.371
162.987
22.666
203,658
2,471
2,471
14.708
29,651
June
Jan. 1 to June 30....
July 1 to June SO
Rockford Belolt &. Janes-
Sept
vllle
Jan. 1 to Sept -o ...
Savannah Electric Aug.
Jan. 1 to Aug. 3i
Sept
Boranton By C'
.
•
— —
Jan. 1 to Sept o\)
Seattle Eleotno Co. Aug.
Jan. 1 to Aug. 3i.
Tampa
.
Year.
Previoits
Year.
$
272,706
of
— ^Bal.
of Net Eam'gs,—^
Current
Previous
Roads.
Mnntb
etc.
Current
Coney Island & B'klyn—
Apr. 1 to June 30....
July 1 to June 30
Houghton County St. Ry.
&
7.928,594 7,728,567
120,<j04
Net earnings here given are after deducting taxes.
m.
.
64,177
21,810
28,581
$
64,712
396,178
12,074
89,431
19.438
99,278
bNet earnings here given are before deducting taxes.
118,947
13,321
2,295
3,301
10.798
,
Year.
$
58,433
471.567
18.056
91,629
22.111
38.617
802,905
Mask. Tr. &. Light. Co
Street By. Depart.. August
Electric Light Dep August....
Oas Departioaent... August..,.
Vet Earnings.
Current
Previous
Year.
$
$
188,R41
192.368
1,612,370 1,362,929
30,009
26,607
231,509
198.499
46.2S5
54,426
868,494
296,112
Seattle Electric Oo. Aug.
Jan. 1 to Aug. 31 ...
Tampa Elect. Co ..Aug.
Jan. 1 to Aug. 31
Mnnole Hartford A
Ft.
^
.
Year,
Year.
Aug.
Elect. <v>.
2,697
24,270
10.645
83.710
18,703
16»,796
25.368
198,997
1.885
Jan 1 to Aug. 31....
Terre Hante Elect. Aug.
16,lt>4
9.640
76,415
.
Jan. 1 to Aug. 3i
.
"115.264
'326,779
67,934
370,287
* 170.567
2.929
23.432
20,371
169,262
5.528
11.665
19.821
df 35.869
df.9,345
22,707
199,665
2.010
8.123
15.101
21,228
1 6,766
102.373
2.078
17.390
104.687
2,510
948
897
6,698
20,208
8.714
14,928
2,500
22.500
9,804
77,386
8.639
16,578
11.911
66,a9l
18,843
119,045
33,076
277,670
11.171
3,245
25.963
14,093
64.896
18.275
93,770
42.466
199.846
9.981
73,008
13,773
46,846
*308.006
19,''86
178,072
22.257
195,332
2,143
16,423
6,665
62,433
75.4fc5
12,471
43,569
7,685
22.988
21,894
inoome received.
ANNUAL REPORTS.
—
The index to "Annual Reports," which
omitted to-day, will be found in Chronicle of Sept. 24.
Annual Reports.
is
.
Grand Army of the Repabllc annual encampment.
Spanish silver.
y These are resulta for properties owned.
n These earnings Include the Detroit United By., Detroit A Port
Huron Shore Line and the Sandwich Windsor A mherstbnrg By.
*
t
Street Railway Net Earnlnsrs.—The following table gives
the returns of Street railway gross and net earnings received
thid week.
The last general snmmary which we famish once
% month, and in which we bring together all the roads from
which monthly returns can be procured, was given Oct,
1,
the next will be given Oct. 29.
— Orosn Earningfi. —
Current
Yem\
$
Boada.
Ohio. A Mllw. Eleo. Sept
Jan. 1 to SeptSu...
68,711
824,276
Cleveland <& Houtbwexi'n
Traction Co
Sept
46.289
Jan. 1 to Sept3u....
353,071
Ooney Isl. & B'kiyn b—
Apr. 1 to Jane 30
465,417
July 1 to June 30
1,647,966
Loulf><«iSuh
East St.
Sept
131,478
Jan. 1 to Sept So
980,292
Honghton County St. Ry.
(Hancock, Mich.) Aug.
18,810
Jan. 1 to Aug. 3i
129,322
Indlanap. & Nor'hwest
Tracilon Co
Sept
37,801
July 1 to Sept 3o ...
111,973
Lake Hh. Elec. Ky.aAug.
78,615
Jan. 1 to Aug. oi
423,707
OhloTrac.«-LI(rht
North.
Oo.a
Sept
80,786
Jan. 1 to Sept 3u
669.714
Olean St. By Co May
9,770
Month of June
9,105
Jan. 1 to June 30
47.741
jBly 1 to June 30
102,717
Orange Oo. Tract. Aug.
16.875
Jmy 1 to Aug. 81
29,719
Rockford Beloltd^ JanesvDie
12.378
Sept
Jan. 1 to Sept ... 30
98,238
StJoitephRy. Light ITeat
A Power
Sopt
59.816
Savannah Electric Aug.
49.932
Jan. 1 to Aug. a>
356,040
Boranton Ry. ( o
77.645
Sept
Jan. 1 to Sept au....
647,912
.
.
.
Fi-evious
Year.
Net Earnings.——
Previous
Current
Year,
Year.
40,9S1
194,636
36.316
198,533
31,101
127,701
43,169
380,281
20.381
128.932
17,829
136,493
438.252
766,024
238.410
67».682
81,486
580.176
182.667
694,818
48,809
3«l,8tO
20,870
128,620
8,982
88,503
46,J170
77,326
404,414
19,311
67,247
S9,692
127,598
$
1,603,867
98,248
84.014
666,301
7,.*S34
7,436
38 483
74,866
14,025
29,227
11,826
101,687
49.905
60,766
340,472
78.622
619,577
39.432
306.031
4,549
3,419
20,406
49 869
10,614
42,265
149,9i7
40,0t>7
S04.352
4,620
3,='20
18.81.'.
36.151
7,02*^
e,»-6i
12,289
14,\J13
6.236
40.848
."^,746
29.417
22.656
160,401
37.646
284,(141
Erie Railroad.
,'Report for the fiscal year ending June 30, 190U.)
Extracts from the report of President Underwood will be
found on pages 1645 to 1650. Below is published a comparative statement for several years of the operations, earnings,
charges, &c., and the balance sheets:
OPBRATIOM8 kTHH EQUIPMENT.
1903-04.
1902-03.
190102.
190001.
Miles operated
Equipment—
Loc motives
Pass^ngfT quip'mt
Ffflgbt equipment.
•
2.150
2,163
2,154
2,156
1,256
1,027
58,480
1,130
1,109
965
i,if;4
1^51
53,213
52,692
50,698
727
643
702
541
695
547
700
271
958
Company oare.snow
plows, etc
Floating equipment
Operations—
Pas-sengers *<arrled. 20,395.440 19.976,363 18,697,6.50 17.209.900
Pass, carried 1 mile. 549,757,640 628.V 97,362 509.232,676 469,670.388
1-600 cts.
Rate p. p«f8. p.niHe. 1-469 cts. 1-516CIS.
1 560 ots.
Fielghr (tons) oar'd. !9,8.S5,106 Sl,646,':26 27,6^-7.169 2.'S.999,602
^6
*4,9H»,581
'4,756,339
Fr't (toDB) tar 1 m. *5,189, 68
407.380
0-59»< cts.
0-612 cts.
0-687 Cts.
Rate p. ton p mile. 0-637 cts.
Av trrod(rcv.)t. ns.
400
406
877
375
$1-111
$1-C6'S
$1-044
Earns.p. p»>»8,tr'n m.
$1 108
$2-484
$2•.^07
fiarns. p. fr'ttr'nm..
$2 242
$2 201
Grosaearns. p. mile. $20,000
$20,209
$17,834
$18,139
*000b are omitted.
^ BABNIN08 AND EXPKM8BB.
1902-03.
1903-04.
190202.
TI1900 01.
Earnings—
9
Freight
Coal
Passenger
Mall
Express
RrDtS
Misoellaneons
30,421.853
12,101.389
8,077,464
486,709
i»9 467
904.493
$
21,690,503
ll.W84.42l
8,021.891
472,480
811 0^5
130.178
99e.e30
$
19,269,229
9,C 66,059
7,t 39,501
468 901
777.839
lf2.248
Earn'gR- Railroad 43.005 213
Barns.— Other oper. 2,195.950
43.509,189
3.321.274
38.409,225
2.4R6.209
861^,347
1,03.^,447
$
20.247.910
9.087.086
7,278.064
491.920
677.320
13K.266
1.233.756
Total earnings.. 46,201,163 46,8j0,418 40,&94,434 39,102,^08
Expetiiesof way. etc..
3.6^2.914
3.694.^16
4,288.895
3,957,357
Malnt.of equlpm'ni
6,057.250
6,568.301
5,728.761
5,381,280
C nrtiict. iian-por'n 16.76^.976 16,373,487; 14."i68,*83 16,138,787
877.42rt J
Trafflo department.
882.708
R52 647
H76.147
General expenses ..
99J.147
1,104,'54
1.02 .566
1,069.396
Taxes
971.771
988,813
Maint
Expens.— Railroad 30,263 709
Ex^s.— Oib. opera's. 2,319,129
27.6<>7.508
2,328,260
2"i.t.41.6!»2
2.28.'.,*07
48,453
21.151
'i3,H>'7
132.282
38,061
270,842
Total expense^.. 3/,^81.8J8 29.926.7.68
Rallo< fexp.toearns
(65 30)
(72 08)
Net tarn. —Railroad 12,742.604 16.911.631
Neteikrn.— AUopet's 12.619,825 15,904,665
27.927.098
(68-29)
28.4(6 974
(72-65)
12.7e7.6J3
12.9678J5
10,695,328
U The 1900 01 flenres do not make a proper comparison with the succeeding years, owing to changes in the method uf accounting.
.
.
THE CHRONICLE
1636
H
Nete»rninB8
Inromefroiii Inve^tB
Btlu ooal oonupanlea
UDd
lut.
COMUBNBED BALAHOB BUEKT JDHE
INOOMB AOCOCNT.
190203.
1901 03.
1803-04.
i
12,619.325
Reeeivts -
(llHUOUnl...
16,904,655 12,9«7,335
382,637
287,072
241,934
1,998.911
2,670.290
1,702,491
30.170
783
27.928
Tot. net looome. 16,026,043
Dediiclioii*—
8.A93.688
Initirem on bonds ..
ReniaiH leased lines 1,053,969
189,204
lines
dueleaHSd
o.
P.
284,791
lilt on oar trnsts ...
Peun. Ooal Co elnkiDg fond <b mlKcel.
Add'na & Iniprov'ts.
Add'8 & Imp't fund
TI
*
1900
10,695. 82R
321,247
1,274,830
14,912,543
12,191,405
8,461.375
1,142,974
222,900
339,072
8.396.891
1,1 12.163
7,541,730
1,139,183
223,409
269,599
290,352
808.451
1,569,404
255,028
249,501
21.5,697
398,590
1904.
01.
18,889,940
852,339
1,540,320
[Vol. Lxxix.
194.027
80.
1903.
1902.
9
Road and secarttlea
Equipment
49,030.27h 49.187,881 49.440,620
4,112.736 4.112.736 4,024,078
Material In private tracks
1'28.827
l^e.^Sl
127.397
Oompauy's stock in treasury
2,585.020 2,585,020 2,585,019
Stocks xnd bonds owned
61.888
60,084
63,982
TroHtees
7H,0a8
78,038
78,038
Sinking fund
271,123
81,987
1.311
Special Improvement fund
29.070
5.520
171.659
Fu-1, Bupiilles, etc
721,018
591.585
456.110
Sfi 1.990
Agents and oonducto-8
360.709
428.570
United States Post Office
31.939
81,3'8
31,250
.
Indlvldaals and companies
194,u07
200,:j8S
142,587
Bills receivable
200.000
Cash
«77,113 1,376.B12 1,383.581
Trust equipment and mlBoellaneons.
393.541
596,074
592.067
Dlv. on lut pref...(4)l,915,696(8>«)1.676,234(3)l,436,772(l>«)718,388
13.930,007 14,510,762 11.964,637 10,086,634
Total
1,096,036
2,104,771
Surplne
4,379,178
2,947,906
II See note above.
' In 1900-01 the coal aooounts for the twelve months ending Jnne
30 vere closed so as to permit the resalts of that as well as the preceding year to be Inoladed in the Erie Income account; the 1900-01
figures, therefore. Include irom July 1, 1899, to Jane 30, 1901.
CONDENBED OEITBBAL BALANCE BHEBT JUNE 30.
1904.
1903.
1902.
Assets9
*
$
357,811,524 850,548,008 351,316,818
Cost of road and equipment
treasury
held
for
In
Securities
1,021,000
construction purposes
2,558,000
2,344,000
4,493,784
2,216.518
5,760,563
Seonrltles held for gea. purposes
9';
pledged
578,926
578
to
be
6
578.926
Securities
5,748,900
8,748,900
5,748,900
N. Y. Bus. & W. common stock...
"
"
preferred stock.. 6,262,400
6,262.400
6,262.400
13.628
13,033
735,892
Chic. & West Ind sinking fund ..
8,910,245
Materials and supplies
2,724,080
2,193,447
2-^,408
58,^68
29,283
Line traffic ass'n & agents' funds.
500,000
500,000
Securities for Insurance fund
71,391
Insurance paid not accrued
35,745
34,898
396,100
N.Y. &Gr. L. KR con. and equip.
705,943
378,789
211,145
Penn. coll. trust bonds redeemed
3,139,694
Oath
7,181,138
4,617,272
878,535
1,124.505
876,741
Oatsb in transit from agents, etc..
544.002
805,584
633.916
Doe from agents and conductors.
122,643
119,348
Due from U. 8. Government
118,406
Due from companies & Indlvid'ls. 1,323,332 1.252,157 1,252,215
Due from subsidiary companies. 1,789,450 1,271,554
568.393
3,049
Miscellaneous
1,005
,
Total assess
390,210.633 385,650,921 380,029,170
Liabililies—
Stock, let pref., non-cnmulatlTe.. 47,892,400 47,892.400 47,892,400
"
2d pref , non-onmulatlve. 16,000,000 16,000,000 16,000.000
"
Total assets
lAabilities—
Htock
Preferred stock
112,378,900 112,S78,P00 112,378,900
149,330.600 145.470.600 142,671,600
•'
'*
leased lines
23,960,500 23,960 500 23,960,500
"
"
Ch &E. RR. Co... 12,300,000 12,300,000 12,300,000
540,785
566,701
636,177
Construction obligations
766,850
Mortgages on real estate
770,850
763,325
4,474,464
Equipment trusts (new)
4,633,229
5,619,454
"
BR.
136,320
357.220
578,120
"
"
N. Y. P. &0. RR....
825.627
968,776
1,105,204
1,669,384
1,654,348
1,614.978
Int. and rentals accrued, notdae
366,964
260,V!64
Miscellaneous reserve funds
389,854
863,942
550,336
306,401
Penn Ooal Co. sinking fund
1,794,294
Interest due and unpaid
1,752,401
1,725,361
unpaid
169,960
161.195
Rentals due and
153,765
967,848
Dividend on let preferred stock.
957,848
718,886
522,097
Fund for Improvements
1,569,404
1,430,093
Payrolls
1,760,399
1,387,724
2,267,771
Audited vouchers
1,259,786
1,451,232
506,694
Due connecting lines
550,650
169,884
MisoellaQeous
11,897
48,526
67,734
11,043,352
Profit and loss
9,645,143
8,449,616
debt, Erie
-V.
WiscoBBiii Central Railway.
(Report for the fiscal year ending June 30, 1904. J
The remarbe of President H. F. Whitcomb are given in fnli
paf!;es 1650 and 1651.
Below are comparative statements for four years
on
1903-04.
Miles operated Jane 80.
977
1902-03.
977
:
1901-02.
1900-01.
977
955
Operations—
3.914,020 4,316,300 4,004.906 3,428,562
Total tons carried
741324938 7371113H 636393127 6228H7887
Tons carried 1 mile
0-d43
mile
cts. 0682 ots. 0709 cts.
0*742 ots.
ton
p.
Aver, rate per
303*86
286-64
259-98
Aver. rev. tons p. tr'n m. 808 02
$2-07
$2-03
$1-98
$1-91
Earns, p fr'ht train mile.
carried
1,159,904
1,122,060
1.059,910
980,890
No. of passengers
1 mlle.65,037,771 63,182,611 68,036.192 54,184,196
do do 00
66-07
56-31
64-76
6619
Aver. dist. car'd (miles).
Aver, earnings per pas2'07
2-05
2-03
2-08
senger per mile. OentB.
Aver, earnings per pass,
94-51
90-51
88-37
84-29
Cents
mile
train
$6,618
$6,808
$6,178
$6,578
Gross earnings per mile.
Earnings —
9
$
$
1,406,788
Passengers
294,789
Mall, express and mlscle.
9
6.024,477
1,869,570
267,815
4,508,877 3,879,047
1,267,360 1,180,763
265,234
264.465
6,466,177
6,651,862
6,041,471
6,824,276
737,205
763,097
709,160
721.615
OonduotlDg transport'n. 2,629,144 2,459,098
266,931
262.183
General expenses
781,674
609.597
630.100
478,318
2,112,734
245,316
4.765,606
Freight
Total
Expenses—
Maint. (jf way & strnots.
Maint. of eqaiiiment
Total
c. of exp. to earnings.
Balance, net earnings .
P.
.
Total net Income
Deduct—
Taxes accrued.
Interest on bonds
Rentals accrued
Miscellaneous
Total
Surplus
5.50,057
101,592
31.743
327,398
433,046
loss
69,1*9,233 59,605,466 59,251,088
liabilities
78, p. 2601.
1901-02.
«
190001.
1903-04.
1902-03.
Gross earns, of rail$
$
way system proper. )
(40,788,647
Gross earn, of other' > 41,414 806 <
proprietary cos
( 1,852,043
>
36,038,286
2,826,257
2,218.697
Tot earn, of eyst. 41, 414,806 42,137,690
Oper. exp. & taxes.. .22.895,950 22,409,171
88,858,513
20,874.317
30.5«4,387
18,396.482
Netearns. of eyst.. 18,51 8,856
973,679
MlBoellan's income...
19.728,519
1.8-!0,871
17,984,196
2,031.750
12,267,995
1,619.775
Tot, net of system. 19,492,535
21,049,390
20,015.946
13,887,779
$
28,350,690
INCOHB ACCOUNT OF OBEAT NOBTHKRN RAILWAY COMPANY.
1902 03.
s
1903-04.
$
36 062,947
1901-02.
•
1901-01.
s
36,960,743
18.998,868
28,397,135
15,128.137
20,831,051
12,854,180
17,961,874
13,368,998
8,026,871
by Gt North. By.Oo. 16,679.973 17,961,874 13,268,998
380.635
396,871
Int. on bonds owned
850,267
1,419,960
Div. on stocks owned
Profit on Treasury
, p„o i,,,
863,177
74,034
securities sold
8,026.871
395.548
3,126,504
Gross earnings
Oper. exp.
& taxes... 19,383,297
Net earnings
16,679,978
Receipts Xet earns, of the lines
operated
leased
&
"1
!
Rental leased lines...
BillB receivable
General 1 nterest
!
^^^^^'^^^\
f
i
and
miscel. items
114,385
1,491
176.485
8,059
402,484
474,148
337,554
172,762
2,014
|
j
,
(.
)
212,845
Total
18,302,748 19,801,346 16,085,456 13,274,088
Disburseinentt—
Net rent St. P. M.
M. Ry. and " other
8,742,545
3,687,666
rentals"
3.978,603
3.992,737
212.625
Int. on Bterl. loan .
6,':97,3e9
8,673.973
8,22 "^.920
Divs.onGt. No. stock 8,688.925
Rate of dividend
(7%)
(7%)
(7%)
(7%)
Fund for Improve'ts
8,000,000
2.000,000
3,000,000
and renewals
&
—V.
Other income
429,397
=
Great Northern Bailway.
CPreliminary statement for the fincal year end. June SO, 190Jf,J
The results for the fiscal year compare as below. The
pamphlet report is being printed and will be ready for distribution soon, The usual full tables will be given another
wees,
ENTIRE OBEAT NOETHERN BAILWAT BT8TEH,
NYL. E&W.
390,210,633 386,650,921 380,029,170
and
Total
BR. Oo
Total liabilitieB
79, p. 1028, 900.
2.'=.6.000
MlBoellannone
Profit
500,000 17 500,000
00.000 12 ,500,000
27 ,320,' 00 26 ,St)9,600
4'S8,030
50^,849
551.814
539,549
160 646
128,250
283,584
29,029
231,682
322,205
128,458
632,04»
717,622
17, 500.000 17
12, 5<;0
12,
Bonds (see Railway Sb Ihd. Sec). ..27
Vouchers and payrolls
Interest on funded debt, accrued..
Equipment renewal fund
Land depari't elnklDg fund trustees.
Accounts payable and miicellaneouB
common
Bonded
59, 129,233 59.605,466 59.251,088
rommon
4.342,440
4,205.993
2,263,947
238,156
(63-23)
2,445,869
3b,430
3,883,874
(64 28
2,158,097
37,078
3,466.463
(67-16)
2,123,737
51,196
2,174,933
2,484,299
2,195,173
1,882,574
252,313
234,291
1,127,445 1,132,391
392,434
369,840
218.493
1,113.789
376,364
6.422
1,086.669
332,829
3,842
1,188
1,750,686
424,247
1,111
1,760,227
724,072
1,715,068
480,105
(65-11)
1,857,812
24,762
213,115
1,636,456
246,119
.
Tot. disbursem'tB.14, 870,153
Balance, Burplns
3,432,595
y. 79, p. 213.
—
16,666,710
4,134,636
13,968,465
2,116,991
10,586,028^
1,689.068
Canadian Pacific Railway.
(Proceedings at the Annual Meeting Oct. 5, 1904 J
President Sir Thomas G. Shaughnessy said:
Result of Harvest. —In moving the adoption of the annual report
(V. 79, p. 1920, 1027) I am glad to be able to say. after inspection ot
your western lines, that the conditions prevailing in the country
served by your railway are generally very gratifying. Progress and
thrift are apparent in every direction, and the resuU of the harvest la
Manitoba and the Territories, while it will not meet the anticipation
of the early summer, will be quite saiisfaocory, and the return to the
producers will, by reason of the enhanced price of wheat, be considerably larger than It was a year ago.
IMPKOVKMKNTB OF PAST THREE YEARS.—The improvements which
have been in progress for the past three years are pracrlcally completed, and, with a few exceptions, are being utilzed to great advantage. Since June 30. 1901, there has been no change I'l your mortgage debt, but the total amount of debenture stock and share capital
has been increased by $43,788,468. During the 8am» period 769 miles
of railway have been added to your system and 200 miles more are
practically completed the Atlantic and the Paoitlc coast steamship
lines have been acquired and supplemented at a cost of about $8,000,000; your rolling stock eqnipmeiit h-is been increased by nearly 40
p. o.. at a cost of over $12,0uii.on0; rxrenstve inndt'rn shops and machinery have bpen provided at Montreal and other points at a cost of
nearly *4,000,00i'; the vards and terminals at Moutr»'al. Nor h Bay,
Fort Williatu, Ignaoe, Winulpeg, Brandon, Broadview. Reglna. Moosejaw and other points have been enlarged, la many case-* more than
doubled in size; additional grain elevators have been provided at Fort
William and Port Arthur; an important amount has been expended
for the reduction of gradients and Improvement of alignment to Increase the haulage capacity of your locomotives, and miles of new
orosslDg sidings have been built and old ones lengthened so that they
;
may accommodate
longer trains.
During the three years your gross revenue from traffic has grown
from $30,865,000 in 1901 to $46,469,000 in 1904, or about 51 p. 0.
Yonr land grant bonds oatstanding on June SO, 1901, amounted to
.
Oct.
THE CHEONICLE
15, 1904.1
$17,831,000, while on Jane 30, 1904, only $11,500,000 remained to be
provided for. and In the Intervening period the deferred payments on
land sold Increased from $3,652,869 to $lfi.258,30S.
Capital Requibements-New stock.—With the conatruotlon of
the second track betwe-n Fort William and Winnipeg, upon which
work will be commenced this Autumn, the main lines west of the
Lakes will be In excellent shape, but many of the branch lines, upon
which there has been a large Increase of business, will reqnlre attention; some sections of the system east of Lake Saperlor can be Improved with exoelleot results, and additions to yonr locomotive and
car equipment must continue to be ma<le unless your directors are de
oelved as to the future. Hence, your directors decided to recommend
an Increase In your ordinary share capital of »2S,f>00.000, to be l8-<ued
from time to time In such amounts as they might consider desirable,
the present losue to be $ 6.900,000 (see p. 1641).
Irrigation.—Reference is made In the annual report to the Irrigation work now In progress on your lands In tUe vicinity of Oalgary.
Rather than select lands In remote districts to satisfy the final 3,000,000 acres of your grant, your directors arranged with the Government
to take the lands along the line of your railway between Langevln
and Calgary In solid blocks Instead of alternate sec Ions The soil Is
good and the climate excellent, but the rainfall In that district Is not
reliable. To overcome this difficulty a system of Irrigation canals Is
being provided. The present expeaditure will cover the cost of lateral
canals to serve about 300,000 acres only, but it will also complete the
main canal for ft much larger area. The money for the purpose has
been appropriated from the proceeds of sales of land not covered by
the land mortgage, and If the pro)eot proves as sucoessf q1, and the
consequent value of your lands be enhanced as your directors anticipate, they will ask your authority to continue the work over the remaining 2,700,000 acres. Apart from the hleher value that will be
given to your lands, the advantage from a traffic standpoint of having
this large area along your main line brought under cultivation oaanoc
be over- estimated.
1
ResoIntioDS were unanimously adopted as follows:
1. LINES LEASED FOB 999 TEARS AND INTEREST ON BONDS TO BB
OUARANTEED.
That the following lines be leased for 999 years at an annual rental
equal to the Interest payable on all bonds, not exceeding 4 p c per
annum, payablt^ half yearly, which the lessor may Issue at the request
Of this company, the payment of such Interest being guaranteed by this
company.
(a) TUsonburg Lake Erie & Pacific Ry., from Port Bnrwell to Inger
soil, and all branches, the bonds not to exceed 925,000 per mlie of
railway, then either constructed or under contract to be constructed.
(b) Northern Colonization Ry., from a point about 3 miles north of
Labelle to N. minlngue. In the township of Loran»rer, la the county of
Lftbelle and the Province of Qaebec, and all branches and appurtenances, the binds not to exceed $20,00a per mile of railway then either
constrnc'ed or under contract to be constructed.
(c) Guelph & Goderlch Ry. Co., now under construction from Guelph
to Goderloh, Ontario, a distance of 80 miles, and all branches and appurtenances, such bonds not to exceed $25,000 per mile of railway
then either constructed or nnder contract to be constructed.
ACQUISITION OF MEW STBAMSHIPS.
That the directors be authorized, when In their opinion expedient,
to construct or purchase two additional passenger steamships to supplement the company's existing ocean flaets.
2.
COHBOHDATED DEBBHTURB STOCK FOB TORONTOSUDBURT BRANCH.
The company having commenced the construction of a branch from
a point on its main line near Sudbury, Ontario, to a point near Klelnburg. on the Ontario Division, a distance of about 235 miles; that for the
construction and equipment of the same the directors may Issue consolidated debenture stock of the company to such amouuD as they may
deem expedient, not exceeding $30,000 per mile thereof, bearing Interest at the rate of 4 p. c. per ahnum, payable at the times and places
and In the same manner as Interest Is payable on the consolidated de-
The standard loading for designing bridges has been increased from 120 ton engines to 140-ton engines.
During the past three years the following extensions have been
constructed: Bon Air extension, 6 83 miles; Dorans Cove extension,
10*39 miles; Tracy City extension, 1050 miles; Eastland extension.
8*25 miles Total, 35*97 miles, cost $584,279, on account of which
$100,000 first consol. 5s have been issued. The buUdiog of these extensions to develop coal fields has resulted in the opening of 13 additional mines, from which shipments now average over 1,000 tons a
day and will be largely Increased In the near future.
trestle filled.
Below are comp-^rative of
4.
$25,509,000
NEW COHUOM
STOCK.
That an increase of the ordinary capital stock, to the extent of 2.S5,000 shares (of the par value of $100 each, over and above the amount
of 845,000 shares which this company is now authorized to Issue, be
hereby approved the said increase to be Issued by the directors from
time to time, accordlnu to the exigencies of the company, in such
manner, at such price not less than par, at such times and upon such
.— Y.
terms of payment, as the directors may determine. See page
;
Miles oper. June 30.
Other cars
cars costing $i.'S0.000 added to freight eqiilntnent. Tho total number
of freight cars Is 7,740, of which 2.'iO are 40-ton, 5,160 thirty-ton and
2,830 twenty-ton capacity. Excess mileage on freight oars: 1900-01,
excess paid, $U6,^u5; 1U0I02, excess paid, 96H.423; 1902-03, ex
cess received. $3^,0^1; 1903-04. exoc'^s received. $J3,3t)2.
Road.— The roadway has been greatly improved, there having been
expendrtd thereou $1,928,185, an average of $1,605 per mile. There
were ,'S6-24 miles of new 80-lb. steel rail laid on the main line. There
were ^29,700 cross-iles and 321 sets «wlich ties used In renewals;
le9,824oublcyard«of ballast was put in the track and 1,321 feet of
211
192
198
189
193
178
7,740
7,973
7,243
28
6,589
6,588
28
29
Tot'l gross ear's. 10,206,023
1,195
1900-01.
$
1,537,302
5,599,549
483,277
9,606,370
7.992,530
1,466,792
1,136,968
3,655,599
229,472
1,102,200
1,183,698
987,224
3,480,129
217,485
1,127,068
1.092.017
861,796
3,005,157
197,961
465,183
7,581.031
(7428)
2,624,992
18,297
6.995.604
2,610,768
22,066
6,622,114
(7034)
2,370,415
18,130
5,111.125
Net earnings
Income from invest.
Total income....
2,643,289
2,632,832
2,388,546
2.531,25^
956,643
225,014
625,373
67,628
400,000
972,828
210,646
626.373
26,000
952,090
204,678
625.878
81,189
1,022,350
209.134
625,878
54,514
2,275,163
368.126
1,835,352
797,480
1,863,835
1,911.876
524,711
619,380
Expenses—
Maintenance of way
Main, of equipment.
Conducting transp..
(General
Add.toprop.&equlp.
Total expenses..
P.o.ofexp. to earns.
(72-82)
7,620,128
1,270,770
678,046
2,968,570
193,739
(67-07)
2,509,005
22.253
Disbursements—
Interest
Taxes
Rentals
B'ds retired
Dlv.
on
& misc.
stock, 4 p.
c.
Total dlsbnrse'ts
Balance surplus....
condensed balance sheet JUNE
Assets—
1908.
1902.
$
$
$
28,077,699
934,398
162,704
603,245
271,495
N ites receivable
16,757
Traffic balances
41,908
Acooants receivable
291,286
<:!a8hon hand
855,807
Unadjusted claims
159,878
Pad. & Memp. Dlv. improveoients
177,047
Secnrltles owned, at cost
Real estate
Materials and supplies
Due from station agents
Total
Notes payable
Coupon and other
Total
—V.
27,853,919 27,692,319
960.398
986,398
178,454
169,915
594,41S
386,854
315,091
260,568
10,911
26.228
41,727
83,977
281.035
296,350
725,232
603,942
63,251
55,688
177.047
177,047
31,592,224
31,232,116
30,708,649
10,000.000
16,121,000
400,143
10,000,000
16,021,000
282,042
400,281
10,000.000
16,021,000
806,458
370,160
interest acor'd
Dividend No. 74
Dividends unclaimed
Audited vouchers, pay-rolls and
accounts payable
Traffic balances
Reserve for doubtful accounts...
Profit and loss
30.
1904.
Road and equipment
200,000
18,493
18,164
18,239
770,741
89,600
101,359
3,890,889
834,718
62,367
15.639
3,597,905
640,899
33,411
14,662
2,798.325
31,592,224
31,232,116
80,708,649
79, p. 731.
Fort Worth
190203, and $1,102,199, expended
!
224
201
Also owns 2 steamers, 2 transfer barges, 1 wharf boat.
earnings, expenses and oharoeb.
1902-08.
190304.
1901 02.
Earnings—
$
$
$
2,023,032
1,606,476
1,807,801
Passengers
7,234,640
5,872,396
7,504,730
Freight
513,158
678,261
563,929
M;all,exp.,rents,eto.
Funded debt
matlc couplers.
There were 135 coaches, 35 baggage and 9 postal cars thoroughly
overhauled, HDd 6 nt'W coaches. 2 bt*gKage cars and postai car, costing
961.513, arirlert to iqulpment; 2.148 freight cars thoroughly repairer!,
198 new caiH built in lieu of others destroyed, and ftoO now freight
1,195
1.947,102
1,756,514
1,551.266
1,466,27»
Pass, carried 1 mile. 80,860,145 69,499,286 63.095.968 58,813,793
2-54
2*49
Cts.
p.mlle
2
44
cts.
cts.
2
56 Cts.
Rate per pass,
5.246,994
4,292,165
4,08 i, 735
Freight (tons) oarr'd 5,321,052
Freight (tons) 1 m.. 849.295,187 846,052,482 659.284,520 634,440,340
8*8 cts.
0*86 cts.
0*99 CIS.
0-88 CtS.
Rate per ton per m.
$3,033
$6,638
$3,498
$6,377
Gross earns per m.
$0-96
$1-02
$0-95
$108
Earns, p. pass. tr. m.
$1-92
$1*90
$1*51
fr'ghttr.m.
$167
Earns, p.
NashTllle Chattanooira & ^t. Lonis Railway.
(Report for the fiscal year ending June 30, 1904.)
President J. W. Thomas says in substance
Financial.— The bonded debt has been Increased (net) $100,000 for
extension of Bon Air Branch 5 miles. The cost of road and equipment has been charged for extensions $326,132, and orellted by $102.
851; net Increase $223,781. The floating debt, Including equipment
notes, which on June 30, 1899. was $1,567,839, and on June 60, 190 <,
9282,041, has been paid, and since Aug. 15, 190i, this company has
had no floating debt or outstanding notes of any kind.
The growth uf traffic for the past four years Is shown by the table
below. The Increase in percentage of expenses to earnings for the
past two years has been on account of $1,127,068 expended In
ADDITIONS TO Pkopbrty.—The following expenditures, aggregating
91,102,200, for additions to property and equipment, such as prior to
July 1, 1900, were charged to construction account, have been Included In the year's operating expenses:
Sidetracks (29 41 mlles)$219,898 Right of way and station
932,895
New bridges, less cost of
grounds
207.692
old
60,«22 13 new locomotives
61,614
Filling trestles, 1.321 ft.
8,307 9 passenger oars, etc
S.'^O.OOa
New buildings, etc
72,596 5()0 new coal oars
37,557
Change of grades
61,519 Miscellaneous
Equipment— Fifteen new locomotives were purchased at a cost of
9207.692, one locomotive sold and one condemned, making the total
nnmbercf looomotiVHS 224, all In good running order; 1,53 loooinotlyee were thoroughly overhauled. There are now 37 locomotives
equipped with electric headlights, and 224 with train-brakes and auto
1,196
Operations Passengers carried.
Liabilities—
Capital stock
in 1908-4. for addliiius to property, included in operating expenses. Deducting these amounts the
percentage of operating expenses was for 190203, 61'09, and for
190304. 63 43-
190001.
1,201
Equipment*—
Locomotives...
Passenger cars
Freight cars
79, p. 1461. 1265,
:
results for several years:
operations and bquipmbnt.
1903-04.
1902-03.
190102.
3.
benture stock heretofore issued.
1G37
(Report for the
& Denver
fiscal
City Railway.
year ending June SO, 1904. J
President Frank Trumbull says in substance
The gross earnings have increased $2,029 or -8 p. c; the operating
expenses have decreased $217,169 or 10-90 p c, and the net earnings
have increased $219,199 or 43-57 p. e. The percentage of total earn:
ings absorbed In transportation expenses was only 38-58 p. c- as
against 42-24 p o. last year. The increasod efficiency appears from
the Increase of the train-load (company and revenue) from 23i 37 tons
in 1902-03 to 270-97 tons In 1903 4.
At the close of the flscal year there remained In track 202 miles of
56 ponnd rail and 53 miles of 58 pound rail, a total of 2'i5 miles,
which should be taken out and replaced by heavier rail during the
next four years. The policy Inaugurated In 1901 of making bridge replacements on a permanent basts as required from year to year is
being oontlnued.
The expenditures
for maintenance
compare .ss follows
Maintenance of way per mile of road owned
•
rack miles
new
rail laid (75 lbs. to yard)
laid for maintenance
NnnihKr oross-tios
:
1903-04. 190203.
$1,268
$901
11-64
38-10
...200,236 213,<J08
3,341
2,3''0
x Maintcnanee of locomotives per locomotive
X M-.lntenanoe of freight oars per fwlKht car
X Maintenance of passenger cars per passenger car.
86
662
70
760
X Figured on numberowned at beginning of (l^oal year.
On June 30, 19i)4. the company hal 6 1 locomotives, total tractive
power 1,193.854 lbs., against .51 locomotives, with 1,018.066 lbs.
tractive power, on Jane 30, i908. Of the 51 locomotives, 29 were 15
lose than 80,001) pounds each. Total
> cars or more old and weld lied
frilght
oars, 1,1U0; average capacity,
passenger service, 27.
23-41 tuns.
Total cars In
:
.
:
.
THE CHRONICLE.
1638
Statiatiea.
— Eirnlngs, expenaee tkud charges:
Tear i end. June 80--
,
Mamingi—
1903-04.
1.61».276
673.105
Frelifbt
Paadenirer
1. 660,2 1.^
1901-03.
1,513, SBl
684,082
20D,2H0
578.136
170,436
li*02-0.<.
'204,236
Mall.expresB.eto
Oal. year
1»01.
1,4"'9.220
.540.865
163 312
[VCL. LXXUL
bridges, $268,292; of buildings and strnoturea, $448,261; boUaatlng
track, 425,372: 4.229 tons of new steel rails have iie<4n laid In main
irai-ks and ^.9.)2 tons of partly worn steel rails h-tve benn laid lo
braDcb tranks and sidings, and 84 miles of fence have been balit dorInir
the year
Ckohrings.— For the elimination of highway gr ide crosslnga
*34H,sU'i has tieen exp'*nded, of which $116 621 ba« b^ten reimt>urBeiA
by oTber pariles shtrlag In ih<^ cost and $i'),906 b«« been
charged to leased roads. The total of this net expenditure to June 80,
1904. Is $^.441 9^7.
OaAi>'<.
to us
Total
Exp-titet
2,496,617
—
Malut.of way Astraotarea
Malnt. of eqaliiment
CoDduotlng traneporta'n.
General
Total
2,262,123
2,163,397
532.324
535, «17
27v»,252
212
78l.^Oi
68,239
39,732
776,941
64.3H8
39,732
1,819,286 2,029,601 1,700,750
464,986
561,878
677,831
17,534
11,248
1,623,(S37
Taxes
Net earnings
Other Income
2,494.537
575,097
408,034
285,267
312,088
963,060 1,053.6S2
91,204
77.530
44,910
38,057
8.'i9
683,860
11,^62
Refonding I'HOPOiED.—Our Improvement bond*, $1,000,000, dated
z. 1HM5, fall due Feb. 2, 190.^.
At their matnrlty the sinking
Pet),
fund
will
have on hand
for their
redemption nearly $50
),0U0,
and
to
pr >vld« lh>< necessary balance It Is r'-oiriim-inde'l 'h*t the s'ookhilders authorize the sa'e of new bonds to the req'ilred amount, payable
In 20 years, and to bear Interest, payable semi-annually, at a rale not
exceeding 4 per cent per annum.
Statistics— The operations, earnings, charges,
been as follone
OPBHATIOIIB and FISCAL BBBCLT8.
etc.,
have
:
—
688,579
482,520
545,822
on bands
490,560
9,167
10,760
490,560
10,000
495.842
10,000
Snrplus
Deductions
Intert^Bt
Rental*
Int. dlBOoant
,
<b
mlscell ...
500,560
Total
610,487
178,092 deM8,040
Burplas for year
DlT. paid on "atamped
<4%)101,600 (4)101,600 (2)50,800
BtOOk"
GENBBA^L BALA.NCE SHEET JUNE SO.
1004.
Atsett—
Cost of road and
eqalpment
Real estate
«
1903.
t
17, 683.66^
17 ,aiO,7.'57
21,831
21,831
824..S34
ei,b64
7e,8i5
22,780
IndlTidviala
116.721
1,278
33,3M6
163,2 14
5,549
ToUl
1903.
S
e2.8.<)l
18.279
48,898
201,F'66
6,611
m
prtgaste
Bqulp. trust notes.
Pay-rolls
Vouchers
Gimp's due. unp'd
Interest accrued
Vacant equipment.
Renewal funds
MlBcellaneous
.
froflt
—V.
p. mile.
Qr->8s earns, p. mile.
<
e,835,000
Cap. Btk.. stamped. 2,539 «w2
Ist
and
loss
.
m. 1728422684 1726029176 1620362196 153S317388
1-178 cts.
1-131 ots.
I'il9cts.
1 134 OU.
$15,030
$14,313
913,520
9'3,902
Earnings—
$
9
9
9
Passenger
12.338,182 12.116,115 11,557,583 11,147,757
Freight
20,788,779 19,965,457 18,732,089 17,880,747
Kxp. &ext.bagg'ge.
1,077.037
1,175,540
1,03 2,937
939,642
Malls
454.447
449.9^2
457,561
438,760
68,i03
Steamers, tel'h, &c..
134,556
125,929
I
^ate per ton
T904.
UabUitiu—
3Z4..S:44
Foreign roads
A e'18& conductors
Materials .v supp..
Miscellaneous
(
Ff'hi (tons) car.
Capital stock
Stcicks and bonds..
Caoh
Cash for coupons.
s, ous,.
605,842
39,980
1901-02.
1900-01.
1902-03
190304.
Miles oper. June 30.
2,265
2,282
2,265
2.290
—
Operations
Passengers carried. 40,257.301 39 049,158 87,830,047 88,496,814
Pass, carried 1 mile.68 1,938,257 683."37.890 6'i5.400 3^6 632.476.537
1*764 ots.
1-763 ots.
R«te D. pass. p. mile l'784ot8.
I'774 ots
Freight cons) c*t'd. 19,345,4S2 19.084,798 18.1 -13,321 17,516.571
6,83"-,or8
2,539,992
8.17H.000
8,17fl.000
271,5.i2
206 i»i
78.729
107.175
19.3W0
40,880
Wl.eni
25^,631
22,7i-0
40,8-0
39,:<98
'
i7,V88
19,517
308.164
58,7-2
19,3l.S
23^,043
Total
84,894,603
33.738,985
31,840,694
3,828,702
3,667,993
8,006.936
16,^8l.458
808,616
170,i70
3,987,360
3.514,075
a.7^3,246
2,872,200
14,361,117 13,5'<0 317
73S,190
803,639
563,239
748,564
22,133,152
576.884
24,233.^72
(7182)
9,dON.613
627.624
10,199,585
10,033,237
9,997,448
9,856,833
Interest aoornod
1,482,296
Rentals
5,0'«3.278
1,386.997
5,0^2,922
Taxes
l,63i,270
161,285
188,988
1,690,012
1,401.332
6,067, ^9 I
1,619,119
151,285
188,988
1,582,734
188,988
1.576,371
1,268,588
5,191,234
1,547,315
151,286
188.988
1,456,012
Total
10,129,129
Sarplua over dlv'ds.
70,466
10,011,051
22,186
9,976,077
22,366
9,811,422
45,411
...
....
Expenses—
Maint.of way,
etc.
Malnt. of equipm'nt 3,295,832
C>)Ddact. transp't'n. 18,975,56i
General
Total
18,4 13,885 18,614,643
18,413,885 18,614,643
77. p. 2032.
Boston
& Maine
Railroad.
C Report for the fiscal year ending June 30, 1904.)
President Lncins Tattle says in substance
Genebal Rebults.— Tbe operations of the year resulted in an Increase in gross Income of $1,204,833, of whtoh $222,067 was from
820,819
3)0,939
New equipment
Total
28,271,907
(72-42)
ezp. to earns.
Net earnings
Rents, inv'm'sts, <&o.
P.O. of
9,6e2,701
30,403,907
21,61 ^,'785
(70 46)
(70-76)
9,407 642
689,901
8,888.123
963.714
:
pa^isengers carried, $323,322 from freight tratfio and $159,494 from
other trafSo and mlsoelianeons sources. There was a gain of 1,208,
143 In ttat) number of passengers and of 310,656 In tons of freight
carried.
Advance in Wages.— At the beginning of the fiscal year your directors found It necessary to advance wage sohedales in all departments.
These chances produced a total increase in the year's op"irating payrolls of $880,806. The high cost of locomotive fuel Incident to the
coal strike of last year continued daring the earlier months of this
fiscal year and resulted in a total expenditure for the year, for this
item alone, of not less than $600,000 in ezoess of normal. There was
a decrease of $159,000 in the balance paid to other roads for car
service interchange, and a material return toward lower prices of
materials and supplies. The net increase in the operating cost was
f 1,038,536.
Increase in Freight Rates— To meet, in part, the unavoidable
addition to the cost of carrying on the business, the company, following like action by other New England railroads, made, Aug. 1, 1903. a
Blight advance in its freight tariff. The slightly better average rate,
amonnting ro 47-100 of one mill per ton mile, together with an enlarged volume or tratBo, produced a total Increase of gross Income
$166,347 above the net increase in operating exoen'aes, with which to
meet added r^qalrements for fixed charges, sinking funds and dividends amounting to $118,077.
Additions to Capital Account.— Expenditures on capital account
have been made aggregating $824,618 (net), as follows
Stock of Central Mass. RR. $2,528 BebuUrtlng co.'s railroad . $97,020
Relooat'n of Oen. Mass.RR. 26,384
Highway oroe<stng separations completed
269,577 Land purchased
25,408
freight
yards
12,914
23 new locomotives
New
307, «50
Ports. Electric tit. Ry
3,353 206 new freight cars
137,748
Deduct— Land disposed of i5,668 and payment by State of
Massachusetts on re>looatlon of railroad at Waohusett Reservoir, $52,597; total credits
$!S8,265
The exp-ndltnre of $2,528 for Central Massachusetts RR. stock rep
resents the pnrcha'te of 108 shares of common and 4 shares of preferred, leaving ontsianding 242 shares of common and 10^ shares of preferred, for the purchase of which, at the values fixed by law, funds
are deposited.
Bale OF Stock AND Bonds.— Of the issue authorized by the stockholders Got. 8. 1»02. of $1,000,000 common stock and $2,000,000 of
20 year 3^ per cent bonds, to pay for permanent improvements and
new equipment, $200,000 stock and $1,000,000 bonds were sold, as
etaten in last year's report, in January, 1903. The remaining $1 000,
000 of bonds were sold as of Jan. 1, 1904, at 94^. a'ld the di8C')unt
charged to profit and loss. The remaining $800,000 of common stock
has not yet been offered for sale. The cimoaoyowns $1,128.20 > of
its common stick, upon which no divid--nd8 are paid, and which is
deposited with the trustees of the Eastern RR.
'o. as colUteral
security for th" payment of itscertltloates of Indebtedness due In l>^o^.
The ou'standlng stock (other than that deposited with the trustees,)
was on June 30 owned as follows
.
Massao^nsetts
New Hampshire
4,854 persons
"
1,605
owned 151,073
"
lue
636
547
"
"
"
"
Deduct—
Sinking fund
Dlv. on pref. (6pc.)
do on com .(7 p.c.)
1,629.
1904.
M4
1 1,285
OBNEBAX balance 8HBKT JUNE
30.
1908.
1902.
Assets—
9
9
9
Construction and equipmeat
50,202,762 49.393.262 47,381.331
Stocks & bonds other companies.. 10, 645,054 10,7*18.655 10,58 >.665
1,285,'.58
Real estate
1,305,676
1,306,776
Steamer, elevator, etc
lil,522
121,521
121,521
uaf-h
2,48i,453
2,440.944
2,083,525
Bills receivable
95J,812
962.729
926 946
Slnhingfunds
l,2i9,8'<2
1,33>»,337
1,146,869
3,.s93,065
Ma'erials and supplies
3,461,692
2,694,770
Daeby agen-s, cos ,indivld'l8, &c. 3,730, <87 3,99S,006 8.896,074
Improvement acot leased roads. 1,103,320
1,0.^6,044
1,024.428
Elimination of grade crosslng-i...
365.526
150,1^6
208,9
Miscellaneous
170,424
194,132
490,722
.
M
Total assets
76,607,863 76,157,369 72,018,139
Liabilities—
Capital stock (see Rt. A Ind. Sec) .26,987,871 26,987.871 26,787,871
Bonds (see Rt
Ind. Sec)
31,405.008 30,499,955 29,597,442
59i,HO0
Real estate mortgitge notes.......
694,800
594,800
&
Notes payable
1.700,000
& Maine stock 2,272.219
Premium on Boston
urrent
1,896,624
bills
Unpaid wages
Due ODiDPaiiies, individuals,
etc..
Accrued interest and rentals
.....
70-t,932
1,269,709
Dlvl 'ends and interest unclaimed.
21.917
720 001
Rentals of leased roads July 1.... 1,18 '.286
Bond interest due July 1
268.789
Dividends on common due July 1.
897.411
Lease accounts, sundry RRs
1,823.079
Injury fund
150,000
Contingent fund
65.010
Suspense account
Sinking funds
A.cirued taxes
Impt. fand Concord
and
Profit
—
<&
Mun.
RR
loss
Total
V. 79, p. 901, 211.
2,350000
2,i72.219
1,564,488
611,311
1,122.402
34,457
737,629
1,179,223
246,206
397.385
1,776.^29
150,000
600,000
2,091,219
1,3'>2,129
52->,663
936,396
28,640
736,164
1,18*>,427
228,706
39{ 848
1,538.075
1,565,165
2,095,^39
150,000
172,387
901,915
1,314,283
679,448
130,716
1,565.166
75,607,863
76,157,359
72,018,139
828,965
1,698,187
677,980
9*653
853.198
1,504,0^2
66ti,270
66,8a'>
Wabash Railroad.
shares.
"
27,217
"
16,939
"
Elsewhere
63,362
Floating Debt.—The floating debt shown June 30 as "notes payable," $1,700,000, has since been reduced from current Income to
$1,(00,010, and this sum represents a portion of the expenditures for
permanent additions and Improvecoents, for the reimbursement of
which rcw capital has not yet been disposed of.
New Equipment. — Durlni- the year 38 locomotives, 532 freight, 14
paxeenger, 7 biggafie, 5 combination, 1 mall, ft milk and 5 road cam,
and 5 snow plows have been purohasea or built at the company's
shops, at a cost (less proceeds of o d equipment sold) of .$8 -16,687, of
which $3.''0,i«88 Is included in thrt year's operating expenses, $100,000
was provided from the contingent fund, and the baiitnoe of 944^,698
was charged to capital account The equipment on June 3(> consisted
Of 1,01 1 locomotives; 1,551 passenger, baggage, mall and express cars;
17,601 frelslit cars; miscellaneous, 892.
Labgkr Items of Opisbating Expense,- Some of the larger items
of operating expense are here suiumariz:4d: Repairs of locomotives,
$1,221,243; of passenger, baegage, m-iU and express oars, $702,339;
of freight cars, $97>«,112; uf roadbed and track, $2,14i,84'>; steel
rails laid, $273,655 (less value of old rail taken up, $168,8><5). net
f 104,770; ties laid, 1,163,544, at a cost of 9517,934: malntenanoe of
M
Total
C Report for the
fiscal
year ending June SO,
IBOJf.J
The
text of the report will be treattd faily next weefr.
Statistics compiled in the nsnal form for the Chronicle
are a6 follows:
1903-04.
June
EquipmentLo ouioilves
R->ad oper
2,517
80.
Passenuer eqnipm't
Freight equlk)ment.
1902-03.
2,486
1901-02.
2,483
1900-01.
2,367
528
437
488
418
490
S96
484
18,332
17,171
17,195
16,087
3.55
OperaAons..
PHSnen. carried. No,
6,183,474
5.109,302
5,948,913
4.943,016
Pass, carried 1 mtle.369.283,834 330,111,942 32 2, 70S, 490 264.268,214
1--h^9 ots.
1'8H5 cts.
Kate p. pass, p mile. 1908 ots.
l-'9lcC8
9,6i)8,995
Freight (lonB)oar.t
9,691,514
8,354,949
8,578.603
Frhi (tons) oar. 1 m.t •2,17.-', 680 *2.i9d,073 *l,947,404 •1,978,952
0606 ots. 0-604 ote.
R*te perton p. mile. 0646 cts.
563 cts.
286
302
Rov. tr'n load (tons)
235
283
.
Barn
Earn.
p. fr.ttr. mile.
p. pass. tr. m..
OroBi earns,
p.
mile
91-8510
$1-0592
99|143
$18 97
9U 9684
93,613
$1-7195
90-9140
97,816
91-6984
90 8514
97.487
Oct.
THE CHRONICLE.
15, 1904.J
1639
fruit In the advance In prices of Eastern ryes and prominent
brands of Kentucky whiskey. The limited production for the year
4,«182,«94 Just closed will warrant a considerably larger output for the year end*
6.780.241
6,135,501
13,327,479 ll,''63,54l ll.lf>8,966 Ing June 30. 190i, with a correspondingly better result.
During the year 1908, owing to the date of issuance of this com1,412,804
1.677,851
1,509.711
pany's bonds, buc one coupon matured. Involving a charge of $355,year's Interest,
23,028.626 21,110,831 19,053,493 17,554,464 512. but during this year two coupons, or an entireexplains
Total
the Inhave matured, making a charee of J692.796. This
Expenses—
__^ „„„
the
bond
Interest,
and
accounts for
year
In
crease during the current
2,9 "8,415
3,700.982
3.«fll.608
Malnr. oX way. etc..
in
profits.
The
decrease
In
general
exdecrease
the
of
the
?84
Cannot
be
$337,
2.656.118
3.114,664
Malnt. of fqutpment 3 473.* 02
7,8/9.959 compared. penses, amounting to $118,093, Is the result of economies foreshad8.511,278
9,9-8.*»29
Transporta.lon
report.
owed In last year's
488,7o9
442,944
560.270
General
Balance Sheet.— Merchandise, materials and supplies aggregate
$4,6il,07l at actual cost, viz Flnli-hed goods (whl^klB and spirits).
12,752.045
IS.Sl^.ee*
13,847,436
17.683.509
Total
$4'l74,414 goods In process, $56, 2^^ grain, •168,053 manufitctur(72-64)
(7481)
(72-68)
(76 81)
P.c.op.exp.toearns.
ing supplies, $144,763 general supplies, *137,554 total, $4,681. 070.
4,802.419 The above consists almost entirely of finlebtd products, on vfhloh a
6,325,167
6.206,057
5,340,117
Net earnings
considerable profit will be realized.
* Three ciphers (000) omitted,
t Revenue freight only.
The Item of securities— $2,686,031— represents mainly Investments
in various distributing and other companies, which are taken at acINCOME ACCOUNT.
tual cost. The value of these investments, based on the net value of
1900-01.
1902-03.
190102.
190» 04.
the current assets of tb»» companies, amounts to $3,019,660. Ac$
9
9
bills receivable and accounts and bills payable are all cur6,20«,057
4,802.419 counts and
5,825,167
8,340 U8
Net eamlDgB
represent thw trade receivables and piiyabies nf the compa418,155
5^1,428
343,836 rent, and accounts between the companies have been eliminated on
641 3 17
Inv'ts, rentals, etc..
all
nies,
as to show the net figures.
5,146,255 both sides so outstanding boiids amount to $1*^,999,960, and the re>
6,624,212
6,856,595
6,981,465
Total
Tbe total
Deduct—
o. of America 5s, due In
of the Distilling
912.
$619,000
malDlng
627,930
686.199
664,708
760,169
Tftxffl
purchase of the latter have been provided, as will be
805.326
796.096 Funds for the
898.518
964,438
Ti'k & b'dge rentals
After
they
acquired,
baiaTice
sheet.
are
the
total
bond
814.740
700,253 seen by the
852,711
1,065,154
Additions and misc.
issue will be $ 5,999 960, as follows:
Securities Corporation, if sued (at present $13,2.082.548 Distillers
2,247,996
2.416,932
2,769,751
Total
609, S34) and reserved for Distilling Co. of America
8,376,216
3,063.707
3,440,663
3,211.714
Applicable to int...
$14,261,000
stock (at present so reserved. $65 1.466)
2,760,571
3.034,513
2,964,767
3,0(*'.?,423
Interest on bonds...
American Spirits Manufacturing Co. 6», for the acquisiDiitillers'
Securities
Corporation
is
tion of which the
303,136
411.459
406,150
119,291
Balance....
$1,738,960
h->ldlng in its treasury $1,739,000 of its bonds
210,000
210,000
210.000
106,000
Dlv. on pf deb.
During the fiscal year there were acquired $200,000 of Dlst'lllng Co.
American
Spirits
also
$11,000
of
Manufacturhonds
and
of America
93,136 ing Co 68, due in 1915. In addition, there were redeemed and can196 160
201,459
14,291
Sarplas
celed $500,ro0 of Distilling Co. of America bonds. In accordance
BALAHCE SHEET JCNB 30.
with the sinking fund provisions of the mortgage.
1902.
1903.
1904.
»
»
$
Below the results for 1908-4 and 1902-3 are compared with,
Assets—
145,335,419 143,H82,500 144,009,500 those of the Distilling Co. of America for 1901-02 :
Bead and eqnlpment
h03
1,259,860
1,641,0^2
1,244.
Supplies ana Oiaterlals
BABNINOS, expenses, OHABOES, ETC.
987,03ft
1.128,741
1.182,777
OashonhftDd
1,877.630
1,553,020
17,661.089
190304.
1902-03.
1901-02.
StoohB and bonds
1,37.'',986
1,225,670
2,204.028
Acoonnts ci'llectlble
Total receipts from sales
83,239
l.«75
Bills receivable
of product and all other
1,735,618
sources of income
$79,167,166 $82,730,707 x$85,371.819
Advances and mlsoellaneoua .... 4,166,063
Cost of production, distribu172,192,303 160,832,203 149,621,116
Total assets
75,488,702
78,764,075
tion, etc
82,064.969
Li bilities —
28,000.000
28,000,000
38,0^0.000
Common stock
$8,678,464
$3,966,632
Gross profit
$3,306,860
24.000,000 24,000,000 24,000,000
Preferred stock
Deduct—
100,''1<.000 91,949,000 92,11' ,000 Interest on notes and loans..
$161,833
Bonds
$176,028
$299,234
894.0.'S3
963,'^84
883,289
Interest
939,246
612,052
287 310
Interest on bonds
2,603,536 Taxes
3,738.406
3,734,698
Vouchers and payrolls
62,698
88,821
106,02S
29-l.8.«i0
46r,607
356.0*6
Indivlduats and railroads
55,357
48,H4»
Rentals
58,919
888,R77
387,109
386.388
116,H91
Tares accrued
110,499
Insurance
116,569
5.986
5.183
4,60
Hospital account
209.464
10.000
eserve fund
76,Ono Additions, maintenance, etc..
23,2«7
414.000
Note payab e
73e,S81
404,626
716,426
292,290 Dividend
583,030
Equipment nrtes
2,311,037
,
(4%)1,305,460 (2%)604,066
105 000
105,000
Dividend on dfbentnre bonds. ..
369,237
Saleofneb bonds Series 'B" ...
369,238
$2,385,S06
Total
$3,286,939
$1,572,504
311.960
Eqntpment fond account
surplus
$392,625
$1,580,726
$1,734,356
40.872
118,256 Balance,
41,676
MlKcellaneoos
969.994
642,421
1,094,307
Oiedlt prolit and loss
X The total receipts as here shown for 1901-02 Inclnded besides the
Income from sales of product, the inventories of Jone 30, 1902 ($5,Total liabilities
172,192,803 150,832,203 149,521,116 433 497) oflsetin part by the inventories of June iiO, 1901 ($4,366,—V. 79,p. 1024,905.
743), included with "In cost of prodnotlon;" hey also Included interest received from sub-0'>mp»nieB, $232,806; storage, $4*9,407 other
Binghamton (N.T.) Railway Company.
items. $'23,392. In 1»02 03 aud 190304 no subdivisians are given
for the Item "total receipts."
^Statement for fiacxl year ending June SO, 1904.J
BALANCE SHKETJUHB 30. 1904, SHOWING ASSETS AND LIABILITIES OF
1903.
1902.
1901.
1904.
UISTILLBKS' SEcnaniEB COKFOBATION AND OF ITS CUNSTUDENT COB.
$241.-89 $226,702 $207,900 $190,910
Gross earnings
104.07.^
Operating expenses
130 887
126.600
114,630
Assets1904.
1903.
Properties of constituent companies
$36,195,960 $35,179,155
$'13,270
Net earrings
$110,902 $100,102
$86.83(1
B nds held by Mercantile Tm-it Co., trustee.. x2,072,000
2,361,000
66.419
Interest, taxes, etc
68.100
60.178 Provided by committee for porobase of oat77,872
standing Distilling Co of America bunds
519,000
719,000
Net income
88.030
3^,002
26.851
26,657 Ca^h
1.816,608
1,311,516
Dividends
14.014
15,854
8,433 Accounts and bills receivable
15,846
10,839,681
9,724,118
Mrrohandlse, materials and supplies
4,681,071
5,681.907
Surplus for year
18.224 SeonrUies of other companies
17,176
16.156
12,837
2,686,031
2,429,423
P. c. oper. exp. to receipts.
54
64
65
55
Total assets
$58,310,319 $67,406.11^
OBNEBAL BALANOB SHEET JUNE 30, 1904.
1902-03.
Saryiings—
PftM^Dner
$
7.n45.5'5
14.064.667
Freight,
1,913.444
Mall, express, etc..
.
1900 01.
9
1901-02.
* .„,
good
:
;
;
;
;
;
•
.
;
. .
1(^04.
1903.
A$tet»—
t
$
Road & equipment.. 2,495.408 Z.SSO.TUO
Cagh
Accounts receivable
Supplies
Prepaid acoonnts....
Total
—V.
.^M,786
18,6(9
12 20
3,522
23.745
67,117
7,101
8,72^
2,661,876 2,431.476
1904.
LiabUitie$—
Cauitalsiock
lfl03.
»
792,360
Funded debt.
1,482,000 1.4 -^0. 0"
7,<7B
Accrued Interest....
6.7 5
14
Dividends unptiid...
42
19. -.'Oft
Unpaid c upons.
17.S15
1(1,0011
LoatiH \ bills pay'ble
6i,H46
17 130
AorouniB payiible...
10,435
16<.0(6
183.ai2
Surplus
$
796 550
.
.
Total
BonntO Indebtedness
Unpaid dividends
Accounts Hud bills payable
Reserve accounts
SurplGs account
$29,476,854
3,002.086
16,695,960
16,518,060
265
14&
3,619.105
67.188
6,726,9^1
5,88.^,466
$58,310,349
$57,406,115
2,97.'^
.331
22,372
2,561,876 2,481,476
Total liabilities
78. p. 701.
Distillfrs' Securities Corporation.
^Report for the fiscal year ending June 30, 1904, J
Preeid-nt, E .1 Carley anye In substance:
General Penults. The (rross profits amounted to $3,678,464, as
con pared wl h -,966.6 2 for lust year; the oompsny lias continlie r»^ular qnar n)y dividend of 1 per cent, which has been well
'Within Its eaiLlLge, and $3v2,.' 2.*! has been added to tiie surplus. The
net earnii gf beii.re the liiteiest charges are fome three lime- the interi'St r» quirt ments on the total bonoed debt,
ihe tctal amnnot of
cnrrei't i et at-sets. independent oi real estate, plan s. machinery,
proierttes, btutids, trade marks, etc , Is $16,004,284. or more than the
entire boi ded debt of all the oomi. antes. The plants have been maintained In a state (>f btgb * (Ilcieriey. and the cost of additions, main-
ued
Liabililies—
Capi'al stock issued
$29,827,816
Stock with Mercantile Trust Co. against outstHuding stock of Distilling Co. of America
and its constituent companies
2.651.024
X
Distilling Co. of America collateral trust 5s. $2,061,000;
Spirits MJg. Co. Ist 6s, $11,000. - V. 79, p. 1464.
American Shipbaiiding Company.
ending June 30, 1904. J
President Brown, who recently ^^ signed to become Chairf Report for the fiscal year
I
tenanee and repalis bus been Oedocted fri m tbe gross profile.
Frdm tbe ou't'et or Ihe fiscal jeur trade conditions In »1 manufao
turlng brancb'S were nnseitled, and a feeling of apprehension preTsl ed. Ibe Inrge demand for manufacmred prodoots In tbe diiferent
branches of trnde dnilng the very active preceding jears was not
maintained, and, while conditions in onr industry have been in tbe
main SktisfHOtory, ibis compaiiy, with all other inxnufacturers, has
not escaped entirely frim ihe general reaction. It was therefore
deemed hovieable to lursne a coni-ervaiive policy reepeoting ou'pnt,
bj cortKllli g to »c me extent the prodnotlon of ihe cheaper grades of
golds, (n -which the pri fit is very »mall. and devoting the Imlk ol
oiieratlons to the biiiher grades, so tbat while the total sales were
anont 4 p. c. lees than those «'f 1003, tbe percentage of gross earnInvs has been T<ractlrBll> maintained.
General trade Is imiro'titig, and the conservative prodnotlon of
straight wbttkles dnrlns the year ending Jone 30, 1904 has borne
Ametlcan
man
of the Board (see V. 79, p. 1483), says in snbstHDce
General Rescltb.- During Its fiscal year the company has not done
very mui h in obtaining new construotlou, its prlnciial wora being the
:
completion of what was underway. Notwithstanding, it has done a
fairly profitable bui<lness, and with the eoom mtes that it oitn apply In
qaiet times, it is belle ved can continue to show giiod earning power.
be capital Rt< ck remains unchanged from last year. Regnlar quarterly
itlvidends or i^p c have been paid on the (referred nto>k(»ndone
quarterly nlvldend (Hept. 1, 19( 3,) of 1 p c. on the oouiinon stock.
Coi.siOerable improvements and additions ni der way at the- e-nd of
the last fli-cal year weie early comileied, and the < llioiuncy and • qnipment of all the plants is at the hlKhest standard. The sum of $^00,ooo has b> en k> pt intact for furih»r improvements when nMoessary.
In 8epi»mber of this year tbe putchase mortgHkCon the BnflT^lo property i^l- 0,000) matured and was paid, so that the company has no
Innimbrances.
While It Is diHIoult to forecast the future, we know that
the volnme of freight and passengers carried on the Great Lakes
huws a »iradoal liiorease, wlilcb will certainly grow, that iniiob of ih»
lonnat/e Is getting old and oni of date, that ii In being rapidly demonstrated that tbe modern and larger ship is muoh mure economical to
operate than the old, and that all these oondltlons foreshadow a falr^
I
•
.
UTfraRe of haw oonptraotion eaoh yt^ar. We hi*ve now 9 steamer*
under oontraot for Tall aud winter work, wttb fair prospects of several
more.
WORK DONE AlfD DNUBB CON8TKDCTION.
1902.
41
1903.
1904.
Vessels built In flaoal year
Carrying oapsclty, net tons
Vessela under conatraotlon end of year.
Carrying capacity, net tons
29
166,000
29
165,000
36
20fl,000
198,.'^00
30
See )
139,000
itextj
The earnings and balance sheet follow:
1901-02.
1900 01.
1902 03.
1908 04.
Net earnings
$1,028,178 $2,212,840 $2,607,551 $1,998,542
Dlv. 7 p c. on pref. stock. $563,000 $Sft3,000 $553,000 $553,000
Dlv. on onnimon
(1) 7d.0<)0 (3) 228,000
Depreciation & malnt'oe.
420,294
271,905
209,718
418,526
Ruaerve for maintenance
200.000
Kt-serve Buffalo inort'ge.
150,000
Repairs to dry-docks, etc.
78,330
372,559
$111,127
Balance, sorplus
.
5
1804.
Hft.Oll
Accounts and
receivable
2,B33,9Sfl
2,935.417
77«,059
1,18^.607
3,S35,559
Work under const.
.
1904.
I
»
7. ,POt),OrtO
7,B0ii,0
..
7, ,600,000
7,«00,000
bills
IleserTo funds
680 P38
1803.
..
payable
bills
Cash.
Total assets
I/iabiJlt'M—
Stock, preferred
Stock, c -mnion.
16,183 ril
267,0S7
523,7a5
848.7e4
Addlt'nuAimprov.
Materials on hand
SO.
1903.
Auttt—
t
Plants* property.l5,418,5fll
Surplus
06fl,.S33
3.772,') 66
4H3.6a5
411,700
3,567.811
8. ,678,44*
Tot. liablllties.2y.678.901 23.251,478
.20.678.901 23,851,478
78, p. 1468.
:
namely, $97,370,000, of which $29,394 Is In the treasury; $1,000,000
Fandlnt; and Real Estate Mortgage bonds were Issued,
GEHBaAL Rksolts.—There was an Increase of $41,704 In the revenues of the year and of $408,700 In the expenses. Of the last named
amount $195,374 was la malateaauoe and reconstruction of lines.
Including nearly $100,000 for repairs to trans-Atlantic cables, and
$183,255 was In operating and general ex jenios. Including removal
and improvement of offices, etc. From the $6,729,77.'> profits of the
year, $4,868,071 was paid for dividends and $1,157,700 for interest
on bonds; the remainder, $1,861,704, was added to the surplus.
Additions, Etc.— The net growth of the plant was, In poles and
cables, 2,833 miles; In wires, 66,193 miles; in offices. 333. Of the
total of 1,155,405 miles of wire in the system at the close of the year,
290,fS07 miles were of copper, an increase in copper during the year of
44,257 miles. The cost of new oonstrnotion was $2,465,780.
The substitntion of dynaoao current for chemical cell main batteries
has been continued so far as practicable, and, where power could not
be obtained to operate dynamos, storage batteries have been employed. Such changes were efi'acted at fifteen important battery
centers during the year. The new method of generating current is not
only more efficient than the old, but so mucn cheaper as to save during the first year nearly the entire cost of making the changes.
Other departments have been the subject of careful study and improved methods have been steadily introduced. The system of transferring money by telegraph was reorganized, the rules governing it
liberalized, and the scope of the system greatly extended, with the
result that the latest returns from it show encouraging increases in
receipts.
Contracts.— Contracts covering 2,512 miles of railroad were closed
during the year with the following named railroad companies
PlttsburghJunctlonR.R and Ohio Pittsburgh Carnegie & Western
River RR.
RR.
West Virginia Central&Pittsbnrgh 8t. Louis BrownsvilleA Mexico Ry.
RR.
St. Louis E Reno <& Western Ry.
San Pedro Los Angeles & Salt Trinity & Brazos Valley Ry.
Lake RR.
Memphis &, Gulf Ry.
Earnings, Etc,~Tlh.Q results for three years and the miles
of poles, etc., at various periods were as follows :
:
I
RECEIPTS AND DISBCRBEMBNTS.
1903-04.
Revenaes for the year.
Expenten—
29,249,390
Oper. and gen'l expen. and taxes. 15,736,592
Rentals of leased lines
1,600,885
Maintenance and reconstr action.. 3,627.196
Equipment of offices and wires ...
397,242
Total expenses
1902-03.
1901-02.
29,167,687
28,073,095
15,553,337 15,302,739
1,567,706
1,568,534
3,431,822
3,591,065
400,350
318,428
21,361,915 20,953,215 20,780,766
7,887,475
8,214,472
7,292,329
Profits
D .sburitmentB —
Forinterest on bonds
For dividends (5 per cent)
1,187,700
4,868,071
1,077,700
4.868,050
4,868,031
6,025,771
Balance of profits
1,861,704
Snrp. July 1 (beginning of year).. 13,019.725
6,945,750
2,268,722
10,751,008
5,860,611
1,431,718
9.319,285
INCOliB AOCODNT, MAB8ACIIDBBTTB OAB COMPARIBB.
1903 04. 1902-03 (^9
Interest received
$678.2 6
-Dividends received
694.031
tl)
ToUl
ExpenBi-B
Dividends on preferred stock
mM.>
$1,272,317
$^0,267
(4%)l.000.000
$75^,117
• '0,721
(2%)500,000
$252,neO
$i4,61S
$244,3»e
X$734,764
Surplufl
Undivided earninKS, sub. cos
'Inclnded in this amount are 13 months' dividends of M^sBaohusetta
Pipe Lite Gas Co., Brookllne. DorcbeBter and Jamaica Plain gas light
companies, bot only t<lx tiiontliB' dtvldftnds of the Bay State G ax Co.,
Bof-t 'n. Rozbary and South Boston tras light ouinpaDles. x Included
dividends then held up by Bay State Oas Co. litigation, since terminated.
(2)
EARNINGS OP CONBTIXnENT COUrANIKB.
Othtr InterNet. inc'ime. est.
%
%
I
525.»««9 1?8,14« 2.>-45
70. 55
r)7l.l87 1 1 :s.i-55 1,911
63 019
1,08-1,>-16 4.'39.»4 >
42 Vv,4ii
lOV l«<i,h3»
l.l :h,614 480.930
35e..S 9 12.5.4 19
153 21. 74
«7.i,152 1V2,05
2I.8M
133,4.55
791
99
89,880
97'<
13«.010
Orosi.
«
Mass. Pipe Line 1003-04
I.lneGaHCn
100 '-m
xBrookline Uas lit03 (•)
liw:-()l
Lldht Co
Dorchester Gas 190i-(ll
Light Co
hwn'-03
.
Dtrid-nds.
t
50 000
50 000
200 000
2(KJ.OO<J
51,9'i0
^^9rt0
•
Balatut.
%
10.8(8
2,747
^0.v5»
^4,l'0
snr.
snr.
oar.
bUr.
snr,
sur,
sur.
snr.
b'i
038
48.748
15000
Ift.O 5
Plain ( liM)3-0t
if.5 0O0
•/1.5SM
GasLlifht. .. (ittOi 03
.'i4(l,M3rt
141,iaiJ 1,183
11. .390 100.000 mr. 30,915
Bay State GasM90>t-Ot
.521.9:18
Co., Ma"8
1 2:i76T
2M 61,3^0
Bur. fl2«'l
U9()i 03
Boston G. LiKhl ' ii»0<-Ol 1,240,119 224.0 '0 8.34 d 88. •di, 125,000 sur. es.oeo
'24
l90a-0<
1,345
lb7.3''9
(V)
(?)
Co
(?)
f
298.88:<
31.104 2.249
3090 to.ooo sar.
Roxbury Gas L ( \'>W.i Hi
203
S8 245 1.97 J
[iHOa-Oi
(V)
Co
M2.:«37
(?)
-^51
1.50
10. 2i 1.38J
15!0
South Boston 190 -04
13,200 der.1,713
6,944 1.405
Gas Liebt Ci). 190 J Oi
154,466
(?)
(?)
Mew BdkI. Gas 1903-04 1.866,2^2 341,695 6,404y519,63l
df.l7 1 .-13'.*
&Coke Co.... [
Jamaica
Snrp. June 80 (end of year)
18,019,726
10,751,003
992,580
Net undivided earnings for years 1903-04
X Earnines
Miles of
poles &c'bles.
1866 67.. 46.270
1879-80.. 85,645
1892-93.. 189,936
1900-01.. 193,589
1901-02. .196, 115
1902 03.-196,517
l>*03-04.. 199.350
Miles of
wire.
85.291
233,534
769,201
972,766
1,029,984
1.089,212
1,155,405
14,881,429
No. of
offices.
^,665
9.077
21,078
23,238
23,567
28.120
23,468
Messages.
Receipts.
Profits.
5,8 7».282 $6,56H.925 $2,6/4,919
29.215.509 12,^82,894
66.591,858 24,978,443
65,657.040 26,354.150
6n, 374, 883 28,073,095
69.790 866 29,167,687
67,903,973 29,249,390
5,833,937
7.496,037
6.685,248
7.292,323
8,214,475
7,887,472
79, p. 1028.
Massachasetts Gas Companies.
('Report for the fiscal year ending
June
SO, 1904..J
President C. Minot Weld says: "The trustees have arranged to purchase the stock of certain other gas companies,
the exact purchase price of which has not yet been tinally
ascertained."
Below are given (1) the income account of the parent company for the year ending June 80, 1904, and the nine months
ending June 30, 1903; (3) the earnings of ttie constituent
companies for the years ending June 80, 1904 and 1903 (the
latter as reported to the State authorities); (8) the balance
sheet of the parent company; (4) the balance sheets of constituent companies, as reported to State of Massachusetts.
84,618
$197,721 grnsg and tO'^.^O.'j net.
ylnnludes interest on mortgaRe, $400,000. Interest 'm fl 'aiini: riebt. $4,777;
ircluie electric department,
viz.,
general expennes and manapemen', »73,154; tHzes and Insuianre $41,' 00.
NOTK.— From the returns furnished to the Masaachusefs authoriles. which
from the foregolnt;, the "Bistoa News Bureau" fliiares the gross
earuini<s of the operating oompanie?, pxcluding ihe New EiiuUnd Gas * Coke
Co., as follows: 19 J3-0t. |4,332,S5''; 190J-0.J, $i.53\45-; 190i 02. »3,«62,1H9. Also
the amount of gas sold by the Brooslioe, Uorchenter. .lamaica Plain, Bost n.
Roxbury and South Boston companies as 3,;^80,5;c0,400 cuoto leet. against
difl-r little
3,!i:95.512,000 in 1902-03.
(3)
BALANCE BBEET OF THE MA8SACHD8ETT8 OA8 COMPANIES .lUHE 30.
1903.
$
1904.
Assets—
$
Property acoo'nt8.47,753,l43 47,666,568
Cash in banks
.1,191,79 l,3n,888
Notes receivable.. 1,2bO,000 1.080,000
Acco'nts recetv'le.
61,291
95,941
.
Interest receiv'ble
Total
210.243
J
50,486,456 50,244,3w6
19 4.
«
L<ib«<fi«,i-
Common
stock ...25,0^0,000 ,^5.000.000
Preferred dividend
accrued
Surplus
Total
«3,383
New England Gas & Coke stocks
mortgage bonds..
do
244,396
413,1.;3
60,496,456 50.244,396
:
Total imue.
do
1903.
$
Preferred .toek... 25,000,000 25.000.000
The property account inclndes the following
Otcned.
$17,5oO ooO $17.459,w00
8,000,000
8,000.000
2,000,000
1,998,600
Brookllne Gas Light stock
oertitlcates of indebtedness
1,615,00
1,615,000
do
1,000,000
471,000
do
5 per cent bonds
519,600
Dorchester Gas Light stock
517,610
250.000
Jamaica Plain Gas Light Co. stock
245,300
1,000,000
MassachnsettB Pipe Line Co. stock.
1,000,000
do
do
1,025.000
notes
South Boston Gas Light stock
440.000
438,300
600.000
599,300
Roxbury Gas Light stock
2,500,000
2,497,000
Boston Gas Light stock
2.00o,ouo
1,999,300
Bay Stttte Gas of MassachusettB stock
(4)— BALANCE SHEET OF CONSTITUENT COMPANIES JUNE 30, 1904.
.South
Mass. Pipe Brookline Dorchester .lamaiea Bay State
Line Vo. Gns. L. Co. OasL.<'o.PlnnG.(j. Co.,»ass.
Boston.
$2,2il.068 $t,628,3Sii $1,104,148 $S13.6«2 $ii.;H52,lSl $71H,418
4M,479
lHa,503
40 022
376,498
18,103
Cash & debts rec.
50.275
6,f51
73,sei
36,437
Ma'erials
2;;;,ili
248.915
111,401
Prufltand loss.
129,964
:",889
2,869
28.728
Miscellaneous.
39.775
16,968
Assets —
Plant, etc
Total
$2,292,982 $5,209,527
Liabiiiti'i—
Capital stock... $1,000,000 $2,000,000
Debts
1,288,489
3,169,763
Profit and loss..
4,533
Miscellaneous
39,774
Total
$2,293,962
$6,209,527
Roxbury
Gas Light.
Assets—
Real estnto
$ 1,092. 823
1&,0«5
Cash & debts recelv.
Supplies
k8,717
50,000
14.829
Patent rights
Miscellaneous
Total
Total disbursements
—V.
Vol. Lxxii.
.
Western Union Telegraph Co.
^Report for the fiscal year ending June 30, 1904).
President Robert C. Clowry says In substance
Stock and Bonds —The capital stock oatstandlng Is nncbanged.
Tear,
I
$640,756 $1,184,257 $1,178,638
BALANCE SHUBT JCHB
—V.
.
THE CHRONICLE.
1040
Accounts and
)
.
.
.
— V. 79, p. 737, 107.
$362,281
$2,832,070
$789,6S7
$519,600 $350,000
8»0,6«3
6,124
85.3'>7
325.672
20,743
46,963
$2,000,000
319,621
48^.149
$440,001
219,259
126,699
8.728
$2,803,070
$789,687
Roxbury
Boston
Oat L'U
$1,282,788
$1,282,788
$862,234
Boston
Has L't
$7,53rt,547
2:^0.410
LiabUitifs—
Capital stock
Debts
884.821
Balance, profit and
41,658
Guaranty fund....
loss
.$1,871,421 $8,092,332
Total
.
Oas
L\aht.
$60'>.000$a,&00.000
815,5«»
198.6.0
467,8il
14.829
4,735.249
41,653
$1,271,421 $3,092,332
GENERAL INVESTMENT NEWS.
RAILROADS, INCLUDING STREET ROADS.
St St. Louis Traction Co.— Aftrger.— President J. F. Porter has favored ns with the following :
The Alton & Southern Ry. Co., which was organized Sept 8, 1904,
with a capital stock of $100,000, has since increased its capital stock
to ^3,000.000 and changed its name to Alton Granite & St. .ouis Traction Co. and acquired the properties, rights, etc (Ov con»olid-«tion), of
the Alton Light <& Traction Co. and the Granite City A St. Louis Ry.
Co. This company now owns the gas, electric lighting and heating
properties of Alton and has anthorlEed an issue of 9i 000,000 5 p. o.
forty year gold bonds, which will be a first lien on all of its properties,
except a portion of the Alton Division. These bonds will be applied
Alton Granite
as toilowB:
Set aside to retire $250,000 Alton Ry., Gas A Electric Oo.
bonds, $288,000 Alton Ry. <& Illuminating Oo. bonds and
$500,000
$12,000 Alton Improvement Association bonds
To retire imiiiediateiy (that the mortgages be oanct-led) the
$350,000 bonds or the Granite City & St, Louls Ry. Co.
Traction Oo.
600,000
and the $150,0U0 bonds of the Alton L.iKhi
To be Issued forthwith for the acquisition and oumpletlon
1,100,000
of the Interurban property
900,000
Reserved for future capital requirements
When this mortgage is of record the Alton Granite & St. LouIb Traction Oo. will sell to the Alton Uaa ii Electric Co. its gas, electric lighting and heating proiierties in Alton, III., for $500,000, which is the
capital stock of the Alton Gas & Electric Oo.
A
—
:
Oct.
15, 19U4.
THE CHRONICLE.
|
The street railway of the Alton Granite & St. Lnnis Traction Co. will
operate over the lines of the East St. Lonls & Suburban By. Co. to the
west end of the Earts Bridge In St. Louis. The through line between
Alton and 8t. LouK via East St. Louis will bea;ln operation about July
1, 190?. hut ttie line to 8r. Louis via the Venice Ferry wUl be In operation about Deo. 15, 1904.
At Hnrtford, Conn., on Sept. 28, a certificate of incorpora
tion was file ^ with the Secretary of State by the Alton GranSt. Louis Co., which is anthori7,ed to "purchase and
ite
&
hold stocks, bonds, mortgages, debenture obligations or other
evidences of indebtedness of railroad, street railway, electric
railway, gas, heating and other corporations of every kind."
The Authorized capital stock is $3,500,000, divided into
11,000,000 prt-ferred stock and |2,500.000 common; par of
shares, $100. Id corporators: Percy H. Clark, Charles L Mc
Keehan and William L. Chrisman, all of Philadelphia. This
is the holding company of the system.
Alton (III.) Light & Traction To.— See Alton Granite &
St. Louis Traction Co. above.— V. 77, p. 1293.
jBoston & Maine RR,— Refunding.— The shareholders on
October 2 authorized the iesue of |525 000 of 4 p. c. 20-year
bonds of 11,000 each, to refund improvement bonds maturing
Feb. 2, 1915. See report on page 1638.— V. 79, p. 901, 211.
1
Canada Atlantic Ry.— Ouaranty of Bonda.— At the meeting of the shareholders of the Grand Trunk Railway Co. in
London on Septemoer 29, President C. Rivers Wilson, referring to the proposed acquisition by the company of the control of the Canada Atlantic Railway Co and the guaranty
by the company of the principal and interest of $16,000,000
4 per cent 50-year gold bonds proposed to be created by the
Canada Atlantic Riilway Co. said in part
It Is with respect to Its facilities for grain traffic that the road will
be Buoh an extremely useful adjunct to our line, and it will complete
the strorg Bira'egtcal position we now occupy In those regions. During the laBt season there was handled in the elevators at Depot Harbor
no lens than 4,190,963 bushels. Another attraction which It presents
The oomto u8 Is th'Ht It win enable us to have a terminus In Ottawa
panv at prec^'nt has a bonded debt of $14,000,000, and the earnings
pufflolent
been
more
than
to
pay the
years
have
the
past
three
during
4 p. c. Interest. We propose to ask you to guarantee that Interest,
and, as iris always ust-fni to have money In reserve, we shall ask for
the mortgage to be extended by a further two millions in order to
have money r,o Improve the road. We shall receive very substantial
assets, as well as the other advantages, among the assets being a valuable fleet of ships which carry the grain between the United States
and Canada.
We shall receive very nearly the whole— within a fraction— of the
ordinary capital stock; the whole of its preferred capital stock; the
entire stock of the Canada Atlantic Transit Co. and tbe Canada Atlantic Transit Co. of the United States, and the whole of the capital of
the 8-mile line, which extends from the International boundary line
to a iunotion with the Central Vermont Railway.
must be obtained for the transaction,
not expected to pass to the Grand Trunk
until early next year.— V. 79, p. 1331, 967.
Legislative authority
and the control
is
Canadian Northern Rj,—New Rolling Stock Notes Offered,
This company's subsidiary, the Imperial Rolling StoouCo.,
in 1902-(3 made two issues of rolling stock notes, viz.: Series A, 11,380,148, and Series B, $2,100,000 (compare V. 77, p.
Subsequently Series B was split up into a num1746, 1878)
ber of smaller issues to meet the requirements of the Eoglish market, thus creating Series C, D, E and F.
The Imperial Rolling Stock Co. (capital stock, $800,COO)
has now made a new issue. Series
first mortgage 5 p. c,
notes, dated Sept. 1, 1904, maturing $45,000 annually Sept, 1,
1905-1914, iDclueive; denomination. $1,000 or £205 99. 7d
interest payable March 1 and Sept. 1 in Toronto, New York and
London, at the Canadian Bank of Commerce. TrusteesNational Trust Co., Limited, Toronto. Tbese notes are eecured on tbe following new equipment: 831 thirty-ton box
cars; 14 passenger cos cbep; 6 baggage and mail cars; 1 coach
and cafe car; 7 freight locomotives (ten wheelers). This
equipment is leased to the Canadian Northern Ry. Co,, which
contracts to maintain tbe same, and to pay for it in instalments sufficient to meet the principal and interest of this
Issue as tb^-y mature (compare V. 77, p. 1873, 1746). The
notes are rffrred at prices ranging from 99 52 for those due
In 1905 to 98-07 for the 1914 maturities, by the Canadian Securities Co. in Toronto, and by Mason, L^-wis & Co. in Chicago and the West, and by Baker, Avling & Co. in Boston.
Earnirigs.— For the jears ending Jane 30:
Tear.
Grots.
Net.
Ohargei. BaL, Surp.
190304
$80.'S..'>28
$316,40Z
f3,v;42.703
$1,121,930
G
;
1902-03
A
2,449,600
circular offering the
860,300
637,400
2!i2,900
equipment notes contains substan-
tially the following:
The Canadian Northern has been projected from Port Arthur, on
Lake Superior, through the Provinces or Ontario and Manitoba and
the Canadian Northwest Territories. 'Ihe line has been com dieted and
is in operation through Ontario and Manitoba, about l,3.'>o miles, and
contracts have been let for construction as far west as ICam on ton.
The bonded debvper mile of line is only $1 1,835, and Is [nQOHtly] «nar
anteed by the Government of Manitoba. The maximuru grade of the
line g(lDg we«t is lexs than 1 percent and that going east not more
than one half of 1 per cent. The rallwav throughout Its length pasces
through «ome of the richest territory In Canada, which hashltbetto
been, to a very great extent, without railway facilities. Id serve.'t the
Iron range country of Ontario and the grain producing Provinces of
Manitoba and Sat-katohewan.
Conttructxon
Company,
—The
Northern
Construction
Co., Limited, of Tonnto, nas been chartered, with $200,0(
capital stock, to purchase the business ot Mackenzie &
Mann, the builders of tbe Cunadian Northern. The provis
ionai directors are: Alex, R. Mann, Archibald C. Mackenzie,
W. H.
Moore, Fred. Annesley and Albert Mitchell.— V.
79, p.
151.
Canadian Paciflc Ky.—iVe7'j S^oc/t Option.— A.rx advertieeannounces that the .$18,900,000 new ordinary stock
iD''nt,
164J
will be offered to the shareholders as of record on Get.
par, on the basis of 20 per cent of their respective
holdings. Stock upon which payments have been made in
full as called will rank for dividend for half-year ending
circular containing the terms of subscripJune 30, 1905.
tion, payment, etc., and inclosing warrants of subscription,
will be mailed to the shareholders after the closing of the
books. Compare page 1637; also V. 79, p. 1461, 1265.
27, at
A
Central of Georgia
Ry.— Listed.- The New York
Stock
listed $67,000 additional Chattanooga Division
4 p. c. bonds of 1951, issued for additions and betterments,
making a total of $3,057,000.— V. 79, p. 902, 783.
Exchange has
Central F&eiflc Ry.— Saie of Bonds,— The company has
Knhn, Loeb & Co. and Speyer & Co. $8,300,000 4 p. c.
bonds, guaranteed by the Southern Pacific Co. and secured
by first mortgage on the Lucin cut-off, which now forms
See illustrated
part of the transcontinental main line.
article regarding this cut-off in "Railroad G<zette" of Sept.
sold to
80.
The authorized
issue of the
new
loan
is
$10,000,000 gold,
due in 1954, without option of earlier redemption. It was
announced yesterday afternoon that the bankers had marketed their entire black.— V. 78, p. 2598, 2333.
Central Vermont By.—iJeporf.— The results for the year
ending June 80 were
:
Net.
0th. inc.
$659,593
660.509
$10,840
10,840
Gross.
Tear.
$3,524,291
3,636,382
-V. 77. p. 2095.
1903 04
1903 03
Charges. Bal.,sur
$667,787
667.787
$2,646
3,562
Chicago Terminal Transfer RR. New Directors.—At the
annual meeting on Wednesday the following changes took
place in the board, the new directors, three of them members
of the shareholders' protective committee (V. 79, p. 967) being
unanimously elected:
New Directors— Charles L. Raymond, A. O. Slaughter of Chicago,
Albert E. Goodhart and William W. Heaton of New York.
Betlred— H. 8. Hawley. H. A. Bast, Charles W. Gould and O. T. Bannard.—V. 79, p. 1023, 967.
Cincinnati Hamilton & Dayton Rj.— Directors.— At the
annual meeting Oct. 11 the following changes were made
:
New
directors Charles A. Otis Jr. of Cleveland ; Alfred Skltt. VicePresident and director of Manhattan (Elevated) Ry. Co., and Arthur
Turnbull, director in United States Mortgage & Trust Co. of New York.
Retired : Eben Richards, J. J. Robinson and B. W. Palmer,
:
J. A. Edson, recently Manager of the Denver & Rio Grande,
has been appointed General Manager of the C. H. & D with
headquarters at Cincinnati, Ohio.
i?epor^— The results for the year ending June 30 compare:
,
Net.
Interest.
Dividends. Bal.,surGross.
$8,272,158 $3,210,427 $1,068,608 $742,626 $.i99.298
8,124.021
2,528,486
1,055.571
860,993
611,922
Note.— The dividends above Include besides the usual dividend
pref. stock, and the dividends paid by
($3»9,230) on theC. H.
the several sub.sidlary companies, notablv those paid by the Cincinnati Indianapolis <te Western ($167,322 in 1904, acalnst $126,798),
which are also Included in the net income of the C. H. & D., Hince all
the stock of the O I. <fc W. is owned by that company. The present report also Includes the common stock dividend ($160,000) paid by the
C. H. & D. on Dec. 24, 190 ^, with the dividends of 1902-03, there being
no corresponding Item this year.— V, 79, p. 1461, 1023.
Tear.
190304
1902-03
&D
SoW— Touching recent
are officially informed that neither this road
r>or any of its stock or bonds has been sold to the Missouri
Texas or any one else. The present owners are exKansas
tending the line northwest from Enid.— V. 77, p. 769.
Denver Eald & Gulf Ry.— Not
rumors,
we
&
Detroit Mackinac & Marqaette RR. Land Grand.- InherPayment. A semi-annual interest payment of S}4 per
cent was paid on the land-graat bonds Oct. 6, 1904, ac the
Central Trust Oo., the same amount as paid regularly in and
—
es*
since Oct., 1902. -V. 79, p. 627, 268.
Erie
& Kalamazoo RK.— O^cer.9.— This company, whose
line is leased to the Lake Shore, has re-elected David P.
Barhydt as President, Arthur P. Crane as Secretary and
Charles Elliot Warren as Treasurer. The Lincoln National
Bank, New York, is Transfer Agent and Registrar.
ETansville & Terre Hante Rli.—L?s?ed.— The New York
Stock Exchange has listed |449,000 additional first general
mortgage 5 p. c. bonds of 1942, making a total of |2,672,000.
The additional bonds represent equipment notes p^id, |214,121,
other corporate purposes, |234,878.
Report, The results for the year ending June 30 were :
Fiscal
Gross
Net
Other
Interest, Evans dR Bal for
—
year.
earnings, earnings, income, taxes, etc. Ind. def.
pre/.
190304... $1,726,189 $775,360 $23,?>62 $429,772 $90,388 $V78,763
1902-OH... 1,722,314
826,926 36,525 428,933 34,090 402,359
From the balance as above were paid dividends of 5 p. c.
yearly on the preferred stock amounting to 164,167. leaving
a balance, surplus, of $214,596 in 1903-04, against |338,092 in
1902 03.— V. 79, p. 1023.
Fort Smith Lfght & Traction Co.— .^ew 8tock.—A certificate has been fifed at Little Rock, increasing the capital
stock from $300,000 to $1,000,000, of which |250,000 is preferred and $750,000 common stock.
W. R. Abbott is now said
to be President, and among the directors are George Sengel
and R. G. Hunt.— V. 76, p. 1143.
Grand Trnnk Ry.— Guaranty of Bonda, Etc. -Use Canada
Atlantic
abjve.— V. 79, p 1381.
Illinois Central R.R.— New Mortgage Filed.— The new
"Purchased Lines" mortgage made to the United States Trust
Co. of New York and Joel E. Wllliatns, of Bvansville, Ind., as
trustees, securing |20,000,0(l0 of 3^^ p. c. bonds due July 1,
Compare page 1273 Chron1953, is being placed on record.
CLE of Sept. 24, 1904.
RR
THE CHRONICLE.
1642
Meeting —The shareboldera will vote at the annatil me«tinK, on Ojt, 19, on the foUowiDg:
<1) The a(?re«m«nt between the tIMnola Central R.R. Oo., the Tazoo
R R Ou
A Ml«MH>-lppl Valley R.K. Co., tbeSt I^oalx A San Fraaol<oo
thH KansitH Uitr M rnpbl* A Blrmlngh tna R.R O >. anil the BirmlOKhain Bflt RK Co., (l*i"(l D-o. ft. 1901, reUttaj? to the n-te of certain
tracks In Lonltlaoa, MlB-'tnitlppI and Ut>>tui* nnd certain termloale In
Ni4w OrlHans an<1 BlrinluKiam («ee V. 7tl, p 1273); (v) the pripofed
aal>^ by the [llinols Oantral B.R. C >. of th*t p*rt or the rallroa'l form
erly owned by the IMlnoli <fe Indiana R.R Co. whioh lle« In Mlnols.
and the propoBt-d redemption by the IIUuoIk A Indiana R.R. Oo. and
the reJeaee to It bv the lUlnolg Central of that part of the railroad
foriii->rly owned by the aald Illlnol'i & IndUna R.R. Oo. which lies In
Indiana. Compare V. 79., p. 968 and V. 78, p. 2442.— V. 79. p. 1381,
127J. 1261.
ludiana Illfnoig & Iowa RR.— Report.— The reenlts for
,
the year endirg June 80 were:
Ttar.
—V.
Net.
Oharges.
$316,430
482,138
$2l4,il6
214,134
Gross.
1903 4...$l,tl3U,321
1902-3...
1. 747,802
Dividends.
(2)
(4)
$100,'
00
200,000
Bil.sur.
$2,ll&
67,999
L )nie
000; extensions, etc., at coat, |70,OtfO.— V. 79, p. 269.
Laramie Hahns Peak &, Paclflc Rj.— Stock Offered.—
Van Horn & Co., Boston, offar for sale 200,000 chares of
Isaac
the capital stock at |5 per share; par |10.— V. 79, p. 968.
Lehigh Valley RR.— Bond Sale—The oompiny has sold to
Drexel & Co. and Edward B, Smith & Cd. $15,000,000 of its
4 p. c. general consolidated mortgage bonds, being the first
lot sold under the new mortgage for $l50,0i 0,000 authorized
The new bonds have been certified by the trustee
last year.
to a total of $19,500,000, but the remaining $4,000,000 replace
bonds of 1897 held in the treasury and $2,000,000 bonds
of the same issue deposited in trust for ttie National Storage
Co. trust certificates, and are therefore not outstanding.
The sale of the |15,000,000 bonds will afford the companv
about $3,000,000 cash for general capital requirements atd
will enable It to refund the following obligations now in the
hanrls of the public, viz.:
Mortgage and collateral trust bonds of 1897, sabjeot to call
at 107ifl and Interest on 60 days' notice
$7,900,000
Coal trust certificates of 1902, sabjeot to call at 102ia
& Int.
2,000,000
The syndicate, represented by Drexel & Co. and El ward
B. Smith & Co., is commonly reported to have paid 953>^ for
the bonds and to be proposing to oflEer them to the public in
the neighborhood of par.— V. 79, p. 1269, 1282.
Manistee & Grand Rapids RR.— Change in Control— This
road, extending from Manistee to Hartwich, etc., Mich., 65
miles, has been sold to A. A. Patterson of Chicago and associates.
An amendment to the articles of incorporation permits extensions to Manistee and Grand Rapids. Gross earnings for year 1902, $120,924. J. Crocker of Chicago has been
elected President and Max Tolz Vice-President and General
Manager of the reorganized comp&ny.
Maryland Delaware & Virginia R^.—Cowiolidition.—
Scott &Co., the well-known bankers of Wilmington, Del.,
who several years ago put through the Baltimore Chesapeake
Atlantic consolidation and the sale of a controlling interest in the property to the Pennsylvania RR. Co., have arranged to unite into a single corporation, to be known as the
Maryland Delaware
Virginia Ry. Co., with $3,000,000 capital stock and a bonded debt of $2,000,000 (already financed),
all the traneportation properties of Chesapeake .Bay and
vicinity not now controllf^d by the Pennsylvania interests.
viz.:
(1) Qaeen Anne's RR., 84 miles of road (includiog 6
miles trasaage), with its subsidiary, the Qaeen's Ferry &
Equipment Co operating ferry connection to Baltimore;
(2) Weems Steamboat Co., established in 1817 and hav
ing 10 steamers running between Baltimore, Washington,
points on the Potomac River, the Rappahannock River and
Norfolk; (3) Chester River Steamboat Co. The Qaeen Anne's
RR. Co. is in receiver's hands and its property will be taken
over after foreclosure under contract made with the bondholders some months ago. It is understood that the Pennsylvania Railroad interests will dominate the new company,
which will own some 78 miles of railroad and 17 steamers.
All the bonds and stock of the Qieen Anne RR. will, we
are informed, be exchanged under th« plan, exceptjthe $330,000
prior lien 5s, which will remiia undisturbed, aad, it is said,
be guaranteed ; the $865,000 consols, it is understool,
&
&
,
will be
exchangea for 120
p. c.
in 6 p.
c.
non-cumulative
preferred stock. Maj )r John S. Gibbs, President of the Citizens' National Bank of Baltimore, is the Chairman of the reorganization committee. The "Baltimore Sua'" says
The Weems Company has a capital stock of $600,00 J and Us property, exclading one pier, Is purchased for a sum said to be about $1,000,000. The Chester Company has $10(\000 capital and Its stookliolders, It Is satd, will receive about $^00,000 cish.
:
MlUen & Soathwestern BK.— Status.— Frank R. Darden.
General Manager, writes as follows
:
The two year loan of $450,000, to fall due July 1 of this year (V. 75,
was never made Twenty-one miles of the extension south of
Stlllmore has been built and Is now la operation, Vldail* brtlng the
present 8 -uihern terminus. The Issue of $ <0C» OOO bands, Oltizdus'
Bank of Savannah, trustee, was never put on the market. The prop. 185),
posed extension north was not made. The mileage now operated by
company aggregates 6 h miles, between Mllien and Vidalla, over
which there is no Hen Indebtedness.— V. 76, p. IbS.
this
Midsoari
&
lUiauis Bridge
pany.— Thia company,
&
Belt RK.—3uccenmr
Com-
recently incorporated with $3,5)(»,000
capital stock, will succeed to the ownership of the Alton
Bridge and other property of the Si. Clair Midison «fc St.
Vol. lxxix.
Belt RR.. pnrcha'^ed by ten of the proDriwrjiry roads
Terminal RR. Aesoclatton of Sf. Louis (V. 78, p. 1398).
of tde
The new company has
elected the following
-ers
ffi
:
Directors.— O. 8. Clarke and E. O Jeflnry of the Gould How; H L
Winoh<'ll of the Rock Ifdand, Miiron H Hmith of 'ho L'>utivlile A
Nat>bvllle, H. E. logall* of ih« Bitf Fmr, Jaiii«-< Mo Jr-a of the P«anrylvania. J. R>imH,-y Jr. of the WttHa-h, R. H Mairulr<4 of th>) Missouri Kxn-as A TexaB. Oxo^tr O. Murray of the Baltimore A Ohio
aiid \. J. DavtdHOD of the FrUoo.
OtHoerB.— J Ram-ey Jr.. Prenldent; A J Davlison. Vloe-Pre<d4-nt;
F". H. Hamilton. Treasurer; and E. D. Taylor, Sec. -See V. 79,p. 081.
^ew OrleaoH Terminal Co.—Status.— Sf^e report
Ry C^., V. 79, p. 116(5, and compare V. 78, p.
ern
-V
of South1447, 848.
79. p. 152.
>ew fork Central & HadHon Hirer RR.— Application
— The New York S'^^ock Exchange has been reqaested
to
to
ist $5,000,000 additional 8i^ per cent mortgage bonis of 1997,
making the total Hated $75,867,000.— V. 79, p. 1458, 1335.
List.
78, p. 2599.
Kansas City Fort Scott & Memphis Rj.— Listed.— The
New York Stock Exchange has liited $179,000 additional 4
p. c. guaranteed refunding mortgage boada of 1936, making
a total of 116,168,000. The additional bonds represent: Im
provements, new tqulpment, etc., |68,00fl; retmding, |41,-
(
New York Sa^qaehanna & Western RR.— Report.— The
reonlta for the fiscal year ending
Tear.
1903-04
>«
80 were:
Net
0th inc.
$2,669,'90
$1,109,812
1,213,782
$l«,903
33,957
19<i2-03
2.683,026
-V. 79, p. 681.
Norfolk
Ju
Orot$.
Oharges.
$.^42,«28
Bal., tur.
$216,787
305,694
942,075
& Western Ry.— Bond SaZ«.— The company
Brown
has
&
Co. $5,000 000 4 p. c. 40-year divisional
flrst lien and general mortgage bonds, to provide for doubletracking, replacement of bridges, new equipment, additional
vard faiilities, etc, Thia is the first issue uader the new
535,000,000 mortgage authorized last Jane. Compare annual
report in Cheoniole of Sept. 10, page 973,
Lease.— The lease of the property of the Columbns Terminal
Transfer RR. Co. has been approved.— V. 79, p.
966 973.
sold to
Bros.
&
Qaeen Anne's RR.— Jl/erger.— See Maryland Delaware
Virginia Ry. above.— V. 78, p. 1276.
PennsjlTania Company.— CaHed Bonds,— Go'd 3*^ p. c.
certtfica'es of 1901 to tne amouot of $1,334 000 ara ca le i and
&
will be paid at par on Nov.
delphia.— V. 78, p. 1276.
1
by the Girard Trust Co., Phila-
Fere Marqaette RR.— New Equipnent Bonds.— Baker,
Watts & Co. and Paine & Wilson, ooth of Baltimore, are
offering, at a price to yield the investor 4^% p, c , $150,000 of a
new issue of $1,200 010 41^ p c. equipmeac trust bonds of
fl.OCO each, dated Oct, 1, 1904, due semi-annuallv April 1,
it
1905, to Oct. 1, 1914; interest payable April 1 and
1.
These bonds are the direct obligations of the Pere M.arquett« RR.
Co. and are secured by the pledge of new ec^ttpment costing $1,500,000, the title to which remains vested in the trustee until all the bonds
are paid.— V. 79, p. 968, 786.
O
Fittsbargh Cincinnati Chicago & St. Lonis Ry,— Called
So ids.— Jeffersonville Madison & Indianapolis RR bonds of
1866 to the amount of $13,000 will be paid at 110 and interest
on presentation at the Farmers' Loan & Trust Co., interest
ceasing Nov. 4.
Maturing Bonds. The $2, 996, ''00 first and 8?cond mortgage
bonds of the Columbus & Indianapolis Central Ry. Co., maturing Nov, 1, 1904, will be paid on and after that date by
the Union Trust Co. of New York, 80 Broadway, New York
City.
The first mortgage bonds, having no coupons attached
to represent the interest from July 1, 1904, to maturity, will
—
be paid at the rate of $1,023 S3 each, being the face of the
bond with four months' accrued interest at 7 p. c. Compare
V. 79, p. 1267.
Reading Company.— 2Ifr. Frick a Director. At Pniladelphia, Oi3t. 10, H.C. Frick wa"' elected a director, to succeed
the late J. Lowber Welsh.—V. 79, p. 1085, 1019.
—
—
Rock l!*land Company.— Listed in London. The company's stock has been listed on the London Stock Exchange.
-V.
79,
p 1462.
St. Clair
Missouri
Madison
&
St.
Lonis Belt Ry.— Successor.— See
& Illinois Bridge &
Belt
RR,
above.
-V,
—
78, p. 1393.
St. Lonis Transit Co.— Option to Subscribe Supplement&ry
Scochholders wao have deposited their shares under
Offer.
—
the plan of Sept. 27 for exchange into oommoa stock of the
Unite 1 Railways Co. (on the basis of $5U0 of the St. Louis
Transit stock for |2J0 common stock voting trust certificates
of the Uaited Railways) are offered by Brown Bros,, syndicate managers, the further right till and including Oct. 17
of participating in the purchase of secarities for *7, 000 000,
in the proportion which the number of their shares of stock,
respectively, in the Transit Company bears to the total
amount of shares outstanding. Subscribers mast give a
guaranty of financial responsibilty. Subscriptions may be
either in cash or in collateral trust notes due Nov. 1, 1904, at
par and interest. Compare plan in V. 79, p. 1332.
Soath Side Elevated RR,, Chicago.— Oa Ch cago Unlisted.
—The $^,000,000 of new 43^8 have been almitted t dealings
on the unlisted department of the Chicago Stock Exchange.
>
V,
79. p. 1462.
Southern Paclflc Co.— Sal", of Guaranteed Bonds.— Sde
Central Pacific Ry. above.— V, 77, p. 905, 682.
Terminal Railroad Association of St. Lonis.— iVeto Ally.
— See Missouri & Illinois Bridge «fc Bait RR. aoove.— V. 79,
p. 734, 499.
Texas Central RR.— Report.— The results for the year
ending June 30 were:
Oross
Net
Other
earnings, (over taxes.) income,
19U3-04... .$735,416 $185,776 $1,237
1902-03.... 601,615
163,738
1,108
-V. 77, p. 2034.
Fiscal
ye>r.
Inf.
on
bondi.
$jl,(i00
30,939
Divi-
dends.
$142,457
132,457
Balance,
surplus.
$2^.556
1.414
— —
—
Oct.
THE CHRONICLE.
15, 1904.]
UndergrronDd Electric Railways Co. of London, Ltd.—
Application to List —The New York Stock Exchange has
been asked to list $16,560,000 5 p. c profit-sharing secured
Botes of 19(8.— V. 79, p. 153.
Union Pacifl*^ RR.— iVetr Directors. At the annual meeting on Oct. 11 Henry C Frtck of Pittsburgh and William Q.
Rockefeller of New Y^rk were elected directors in place of
Louis Fitfgerald and Horace G. Burt.
Sale of Hubnidiary Company's Bonds.— See Central Pacific
Ry. above.-V. 79, p. 1333, 214.
United Gas & Electric Co., New Albany.— iVew Bonds.—
The stockholders have authorized an issue of $1,600,000 new
bonds, one-half to be used only for retirement, at or before
maturity, of a like amount of first mortgage 58 issued
in 1902 and the remaining $760,000 for extension and im-
—
1643
Anitman Co., Canton, 0. Bankrupt.— Judge Wing, in
the United States Court at Cleveland on Sept. 23, placed this
company in the hands of J. J, Sullivan, President of the
Central National Bank of Cleveland, as receiver, and its
auxiliary, the Arctic Manufacturing Co. of Cleveland, in the
hands of Ernest A. Pfluger of Akron as receiver. On Sept.
23 the Aultman Company made application to be adjudged
bankrupt. The liabiJiiies are suppoeed to be about $1,000,000.
The creditors' committee includes Gen. James Barnett of
Cleveland and W. F. Rust of the Freeman's National Bank
of Boston. The "Cleveland Leader" says:
In 1893 the Aultman Co. went Into the hands of a receiver, falling
for nearly $1 ,000,000. The company wa« reorganlzed.by its creditors,
Issuing debenture bonds to pay the debts. William A. Lynch was
chosen President and has since managed the concern, which was
much hampered by the Interest on the old indebtedness. The company manufactures traction engines, ice machines and harvesting
provement of the company's plants in New Albany and machinery, and employs 500 men.
Jeffersonville, and acquiring and improvement of plants
Bnsli Terminal.— Conao/idatton.-The stockholders of the
elsewhere.
Bush Company, Limited, will vote Oct. 27 upon a proposition
In Possetsion, The company's subsidiary, the Louisville &
to sell all the property, real and personal, of the BuBh ComSouthern Indiana Traction Co., on Sept. 12 exchanged
pany, Limited to the Bush Terminal Co. See map on page 440
stock
and
of
6a
for
bonds
the
its
mortgage
first
of
110,000
of Railway & Industrial Section and Chronicle. V. 76,
Albany.—
2-mile
line
In
New
V.
2340.
77, p.
Highland BR., a
p. 974, 1032; V. 77, p. 1237.
United Railways & Electric Co., Baltimore.- iVbf Called.
Voting Trust Terminates. The voting trust agreement
—The recent call of $63,000 Baltimore Traction Co. con- under which stock of the Bush Terminal Co. was held has
rescinded.V. 79, p. 1833, 214. been canceled, and holders of voting trust certificates will
vertible bonds of 1898 has been
receive certificates of stock of the company at the KaickerVera Crnz & P«cifle RR.— Further Facts— Guaranty.
Touching the $6,000,000 first mortgage gold bonds sold to bocker Trust Co., No. 66 Broadway, N. Y.—V. 78, p. 1546.
Speyer & Co., W. L. Marbury, Vice-President of the railroad
Chester (111.) Light, Water & Ice Co.—5aZe.— This propcompany, writes to the firm on Oct 1, 1904, as follow?:
be
on
free
liens, under
—
,
—
This issue of bonds vra.B anttaorlzed for the purpose of oanoeling all
the bonds prevl< nslv Issued for pay Idk other ezIstlDg debts and to
provide means for the completion of the work of oonstractlon and
eqaipment. The bonds are all equally seonred by a first mortgage
lien npon all the railroad and branches, eqalpment, fraoohlees and
ooncestlons now owned or hereafter to be acqalred. The main line
runs from Cordoba, on the Mexican Railway, to Santa Lucre la, on
theTehnantepeo
RR
,
about 203 miles, with a br^noh extending trom
Tierra Blanoa northerly a out 61 1^ miles to Vera Ornz, the Jareest
MexlOHU port on the Gulf of Mexico; total length of road and branches
about 264]fl ml es, all stand ard-^ange. The company has the right to
operate Us trains over the Tehnantepec road, which gives It an outlet
to the Pacific Ocean, and enables It to transact a trans-oontlnental
business on equitable conditions, both roads being now controlled by
theMezlc«n Q<>vernment.
The total auth'Tized issue of these bonds Is limited to $7,000,000,
principal due July 1, 1934. The interest is payable as foUowr: (1) On
$2,500,000 4i« p. c. per annum, payable semi aunually; (2) on the remaining $4,500,000 of 1 p. 0. per annum until Dec. 31, 1905; then 2
p. 0. per annum until Dec. 31, 1»07; then 3 p. o. per annum until Dec.
Both prino'pal and
31, 1803, and thereafter 413 p. o. per annum
interest are payable in gold coin of the Unlt-d States of A.merlca of or
equal to the present standard of weight and flaenese, without deduction
on account of any taxes which the company may be lawfully required
to pay or retain tnerefrom by any present or future law of the Republic
of Mexico, or any of the States thereof, or of the United States of
America or of the State of West Virginia.
In consideration of the transfer to the Oovernment of Mexico of the
total capital stock, viz.: $2,500,000 first preferred. $2,500,000 second
preferred and $.'>,00O,uoo common, and of the furnishing to The railroad company since April 1st, 1904, of the sum of $1 000,000 In gold,
for completion of the construction and equipment, the Mexican Government has snaranteed the payment of the principal and interest on
the entire $7,000,000 of bonds by endorsement on each bond as follows. In accordance with an Act of the Mexican Ooagress promulgated
Jane 1, 1904:
"The Government of the Republic of Mexico hereby guarantees to
the holder of this bond, or. If registered, to the registered owner
thereof, the punctual payment of the interest and principal thereof as
they severally mature according to the terms and tenor thereof."
(Signed)
£1 Tesorero-General de la Nacion.
In order that all of the $7,000,000 bonis may bear the uniform rate
of 4ifl p. c. Interest, supplementary coupons, representing the additional Interest on the $4,500,000 scaled Interest bonds, have been
attached to said bonds by Speyer & Co., said coupons being payable
ont of a special fund deposited with Speyer
Co. for that purpose.
The bonds may be redeemed, at the option of the railroad company,
at any intereft perloa prior to July 1, 1924, at 110 p. o. and interest,
and may also be redeemed on July 1, 1924, or at any Interest period
subsequent thereto at par and accrued Interest. The $ ,000,000 bonds
not sold are held by the company to be used only In case the regular
funds for oonstrnotion are Insutflcient, or for future betterments and
&
l
Improvements.
Compare
also V. 78, p. 1788; V. 79, p. 1838, 1024.
INDUSTRIAL, GAS AND BIISCELLANEOUS.
Alton (111.) Gas & Electric Co.— See Alton Granite
St. Louis Traction Co., under "Railroads" above.— V.
p. 1178.
—
&
68,
—
American Magnegite Co.
Mortgage.
This company,
which is uDdersiood to be organized under the laws of Maine
with $500,000 capital stock, in shares of |100each, has filed a
mortgage 10 the California Title, Insurance & Trust Co. of
San Franolsco, as trustee, to secure $500,000 gold bonds of
|1,00(J each.
An article in the "Engineering & Mining
Journal" gives the following facts
The American Magne^lre Co. has acquired the magneslte properties
:
on Red Mountain In Alaaie(1»,BtanlBlau8 and Santa Clara count ien. Ual.
These claims Include the largest deposit of the mineral In the State.
the only other one of considerable size known being at Portervllle in
Tulare County, ^here the yearly output Is ab^nt 3,000 tons. As is
well known, maKneslte is nued for making carbon dioxide anl In
digestinK wood pulp, prepBratory to mukln*; paper, and also In connection with themttftlDg of refractory brick, especially for llnintr openhearth cteel fnrniices. The offloers are: Pret-ldent, G. Watson French
of Chicago; Vice Preddent, H. O. StlUwell, Frultvale, Ca
Secretary,
Frank A D»ly, ('btoago. Three subsidiary companies controlled by
the parent company are projected as follows the American Oarbonio
Acid Gas Co., the Rose Brick <)o. and the Plastic Construc'on Co., all
of which will hitve factories in Oakland, and will use magnt dte among
;
:
their
raw materials.
American Tobacco Co.— See Consolidated Tobacco Co.
low.— V. 79, p. 1883, 1024.
sold at auction
Oct. 1,
of
was to
order of the United States Court in suit of Union Trust Co.
of St. Louis. Receiver, Don E. Detrich.
erty
—
Colorado Fael & Iron Co.— Vndeposited Debentures.
Cochran, Duryea & Co., 20 Broad St., request holders of oonveriible debenture 5a who have not assented to the readjustment plan to communicate with them.— V. 79, p. 1267, 736.
Commonwealth Tobacco Co.— Receivership. — Vice-ChanEmery at Newark, N. J., on Oct. 12 appointed Jerome
Taylor receiver for the company upon allegations of bankruptcy made by George P. Butler of New York, owner of
$276,000 bonds and $50,000 demand notes.
cellor
T^e liabilities are placed at $772,229; assets not exceeding $75,000.
The company holds a claim against the Universal Tobacco Oo, (V. 79,
p. 738, 1026), but will not be able. It Is stated, to realize on this claim
until the company is wound up. Compare V. 78, p. 2336.
Consolidated Gas Co. of Baltimore Cltj.— Exchange of
Certificates tf Indebtedness.— Tae company has offered to the
holders of the certificates of indebtedness to exchange A}4
p. c. bonds for them at any time, and $1,500 000 of these
Deposit Co.
bonds are lodged in the hands of the Fidelity
of Maryland (the trustee under the mortgage) to make said
exchange. Tne holders are availing themselves of the offer
and $1,100,000 of the $1,500,000 have already been exchanged,
and it is believed the remainder will be presented in a few
days. The $1,500,000 bonds above form a part of the $2,600.000 i}4 p. c. bonds reported as issued.— V. 78, p. 2387.
&
Consolidated Liquid Air Co. Receivership.— Judge McLean ot the Supreme Court in this city on Oct. 6 appointed
receiver for the company in the suit
J. B. Young, a creditor, for $573, on an
assigned judgment obtained June 18 by a stenographer for
overdue salary. The company is successor to the Trinler
Alfred L. Curtiss
brought by Harry
Liquid Air Co.— V. 75, p. 6C0.
Consolidated Tobacco Co.— Favorable Decision— Appeal.
Vice-Chancellor Pitney, at Newark, N. J., on Oot. 11,
dismissed the application of holders of $54,000 of this company's $157,378,400 bonds for an injunction to prevent the
proposed merger of the company with the American and
Continental tobacco companies (see plan, V. 79, p. 1024).
As, however, the case will go to the Court of Errors and Appeals, the stay was continued pending a decision by that
Court.
Halsey M. Barrett was appointed to prove the
ownership of the bonds of the parties to the suit. The company's counsel offered to produce $107,000,000 of the bonds
(no doubt all "assented") at short notice.
The bill of complaint was filed by Julius B. Ikelhelmer and others,
—
who claimed
that the merger would impair the security of their bonds.
The company's counsel, on the other hand, showed that while the
bonds would follow a proposed new
Issue,
they would be
reduced In amount one-tialf and would become dlreco obllKatlons of
the oouHolidated company In place of merely collateral trust bonds.
Attention was culled to the fact that under the terms of the collateral
trust indenture the holders of a majority of the bonds have the power
to authorlzi^ the releitse of any part of the collateral and to authorize
any modltlcatlon of the rights of the bondholders against the company
or the oo/lateral, thus covering the proposed plan. The plao, moreover, was apprived by a vote of 1,157,2 4 shares.of American stock to
1.720 against, while 858,794 shares of the Continental voted affirmatively to 17.191 against.
As to the financial strength of the consolidated company. It was
shown thHt Its entire $10,000,000 capital stock was paid for In full in
cash, while the company's surplus, which on Dec. 31, 1903, was about
$lO,00u,000, Is now over $1«,700,000
V. 79, p. 1025, 969.
1
—
Davis Mills, Fall River, Mass.— fiond,?. -The shareholders on Sept. 24 authorized the issue of $500,030 of 5 per cent
bonds to provide for fl jatlng debt and to complete the equip-
ment of the 52,000-8pindie
was in partial operation.
plant,
which
prior to the strike
Edigon Electric Illaralnating Co., of Boston.— iicporf.results for the year ending June 30 were:
The
Tear.
Qro»s.
Nel.
Dividtndt.
OIK. inc. hilercit.
liai
,
Kur.
1903 *.93.\if>,bn $1,116,826 $J7,39tf $10^,408 I0)$973.405 $;7,409
1902-3. 2,667,809
9H4,723 82,502 151,303(10) 804,667 61.255
(
be-
-V.
79, p. 215.
:
:
THE CHROXICLK.
I<)44
V
OL. LXXIX.
O. B. Wlloox, President, Hamilton
Edwards' Railroad Electric Ll^lit Co.— Suit.— TMb oomC. E
DooUttle and A. B
pany, whose plant is in Cincinnati and main office in Cnlcago, OarpentiT, Vice PresldeLis; John Milme. Wm. Soaiham Geo s'
Lynch
Stannton.
K.C.,
add
P.
lilecotl
of
Cleveland.
18 the defendHnt in a Bait brought by the 8tate of Ooio to
Ujgiebic "Mapl-Flake" Food Ca.—stock R^diuxri.— The
collect $81,460 claimed to be due for taxes and penaltiee.
Capital stock stated as $1,500,000; mortgage trustee, Metro- capital stock has been decreased from *2, '^50,000 to 1500.000
See V. 78, p. 1226.
politan Trust <fe Savings Bank, Chicago.
International Power Co.— Another Preferred Dividend.—
Erie & Western Transportation Co.— Bond Isaue.—The
shareholdf-rs on Got. 5 authorized the proposed issue of |l,- Divi lends on the |800,000 of 6 per cent preferred stock
which were resumed recently by declaration of a semi500,000 bjnds. 8ee V. 79, p. 629.
annual distribution of 3 p. c, payable today, have been conExcelsior Coke & GtM Co., Topoka— Ordinance Accepted.
The company on Sept. 80 accepted the new franchise and tinued by declaration of a further payment of 8 p. c. on
Dec. 1 to holders of record on Oct. 13.— V. 79, p. 1464,
deposited a 1 10,000 certified check as earnest money. Certain
Knoxville (Tenn.) tlas Co.— Earnings. -For the vear endamendments to the franchise, the acceptance of which is said
to be optional, will be accepted "as soon as possible."— V. 79, ing M*rch 31, 1904, the gross earnings were $101,104 against
178,109 for 1902 03; net earnings available for interest $37,p. 1025, 788.
Fort Dearborn Safety Vault & Balldin? Co., Chlcasro.— 218 against |28,858; gas sales, cubic feet, 71,789,200 against
Bonds.— A mortg^-ge haa been mafle to the Royal Trust 59,614,600. First mortgage Ss authorized |6'0,0('0; ipsued
Co. were recently ofiE-ring |100,Co. of Chicago, as trustee, to secure $300,000 of 16-year 6 per $350,000. Faraon, Leach
cent first mortgage bonds, to be issued for the purpose of 000 of the bonds at 101 and interest. Compare V. 77, p. 1297.
Laclede Gas Light Co. of St. Louis.— Bomi« Offered.— If.
adding four stories to the Fort Dearborn Building and the
W. Harris & Co., who sold last spring $4,000,030 of the Raerection of a sixteen-story addition to it.
The bonds are payable semi-annually. Sept 1 and March 1, of each year In in- funding and Extension Mortgage 5 p. c. bonds in about a
stalmenisof »e,00o and t -,5
each, until Sept. I.IBIW, when the balance of
J12r>. 00 ra. tores.
The land Is belri under Sl-year leases which call for annual week, have purchased and are offering a further block of
ground rentals aKgrenating about $47,00j.
$1,000,000, making $5,000,000 outstanding.
The additions
tieneral Kabber Co.—See United States Rubber Co. below. and extensions for which these bonds w^re issued are being
(iottlieb-Bauernsehmidt-StraasHrewlntr Co,, Baltimore. rapidly pushed. Compare V. 78, p. 1273, 1395.
—Interest on Incomes.— Tiie directors on Taeslay voted to
The plant has grown this year as follows
A.C pretent.
pay on Nov. 1 1}4 p. c. interest on the $3,500,000 of 5 p. c. „
Incre€ue
.,
main mileage,
April, 1904. 527 miles
577 miles
50 mllea
non-cumulative income bonds out of the earnirgs of the past Gas
Dally gas capacity, April, 1901, 12,000,000
six months.
The company was organized in 1901, succeeding
cubic feet
18,000,000 ft. 1,000,000
the Maryland Brewing Co. foreclosed. It has made two Meters sets, Jan..l9o4, numbered 107,099.. I'.i5, 471 meters I8,d72 m.
For the flrHt el^ht months of this year the new installations made by
previous payments oq the income bonds, both \^ p. c. s miannually in 1903. No interest was paid on the incomes last the company are In excess of 20,000, of which over 10,000 are for gas
stoves and ranges.
Mav, chit fly on account of the great Baltimore fire. Compare
For the quarter ending Aug. 81, 1904, both gross and net
V. 76, p. la46; V. 77, p, 187&.-V. 79, p. 106.
earnings have increased
Granby Consolidated Mining, Smelting « Power Co.— same period of 1903, viz.: over 46 p. c. as compared with the
Change in Control.— A majority of th'^ $13,363,030 capital
Gross earnings
quarter: in 190;j. $499,52G; In 1904.. $720,281
stock recently passed from Canadian to United States inter- Net (over oper. August
exp. and tax*»8): in 1903, $207,915; In 1904. 300,623
ests, and on Oct. 5 President H. C. Miner resigned and the
Compare advertisement on another page— V. 78, p. 2337.
following were elected direotors, all New York men unless
Milwankee & Ch»cugo Breweries, Ltd.— Dividend —Exotherwise indicated.
change of Kitock— Output.— A dividend of 2}4 pt-r cent (le^s
John Stanton, Prpsldent of Wolverine Copper Mining Co.;
H
Nichols, President Nichols Chemical Co.; J. Langlnth, President Amer- Etglish income tax) upon all the stock of the company
is
ican Mt^tal Co.; G. M. Lather. Secretary Nichols Chemical Co.; Ge rge
payable to-day at the Illinois Trust & Savings Bank, Chicago,
O. Clark, of Clark, Dodjre
Co.; Arthur C. James, of Pheips, Dodge &
to holders of record Oct. 5.
Co.; George F Baker Jr., First Nat. Bank; Harry Payne Whitney;
R. HlggliHon, Boston; W. H. Robinson, Granby, P, E, I,; J. p. Graves
In order to receive this dividend It wi'l be necessary for holders of
and A. L, Wnlte, Spokane.
the present outstandlPR trust certificates of the Illinois TriHt
Savings
Bai k to deposit the same, properly endorped, dat-d and wlioesf ed
The company was incorporated March 29, 1901, under specwith the instlturion named for exchange for new certificates of stock.
ial Act of Legislature of British Columbia.
Authorized This is In accordance with the plan approved In M«y. i903, to
share capital, $15,000,000, par of shares, $10. Outstanding duce the capital stock from £1,550,000 (half preferred with 30 p rec.
overdu'* dividends) to £8'>2,500, all of one class, but consisting of
stock (non-assessable) is listed on the Boston Stock Es
77,500 shares of £10 each (given for old preferred stock) and 77,500
change. The company owns 339 acres of mineral land at shares
of S. 1 each (nlven for old common stock) There
a so outstandPtoeaix, B. C, embracing extensive deposits of low-grade $3,500,000 first mortgHge 68 of 1891 due 1910. butare
subject to prior
copper ore carrying moderate amounts of gold and silver; it redemption at ci mpany'e option at 110; Interest Mar. 3i i.Ld Sept 30.
Secretary wiliink reports that sales of beer for the tea months endalso owns a smelter at Grand Fork, B, C. The reports for
ing July 31 amounted to 679,8t5 barrels, against 691.68 ) barrels last
the years ending June 30 show:
year, a decrease of 11.795. attributable to unusually cool weather
Year—
190'<-04. 1H03-03.
Tear190.V04.
1903 03.
and severe competition at Chicago. Compare V. 78, p' 587.
Lbs., copper
16,024,415 12,551.000 Total gross Tec'tB.$2,9a«,3i7 $2,271,25 i
Ounces silver....
27.i.9H0
277,575 Net proats
Natalie Anthracite Coal Co.— Sold,— At the foreclosure
$283,514
290,298
Ounces gold
54,231
35,121
Dividends
133,o30
sale on Oct. 5 the property was bid. in by E. L. Mattern for
Gross receipts. ..$3,948,552 12,232,741
Other income
$480,000.— V. 79, p. 788.
17,7«5
38,511 Balance, Surplus. $149,884
$296,298
BALAHOB SHEET JDNE 30, 1904.
Pittsbargh (Pa.) Oil & eas Co.— New Bonds.— The shareAtsetsLiabilitifs—
holders voted on Ojt, 11 to make a consolidated mortgage to
Property and equipment... $13,999,771 '^apital stock
$13.3<'3,0?0
Cash and copper on hand...
187,916 Bills payable
secure $2,600,000 bonds, of which $1,600,000 will be placed in
eo.oou
Supplies
124,416 Accounts payable
119,:hi-8
escrow to refund the existing short-term 6s and the remainStocks, bonds.bilU reo., etc.
63,746 Surplus
838,419
der will be issued to pay floating <3ebt incurred for addiTotal
$14,375,847
Total
$14,376,847
tions.
The "Pittsburgh Gazette" says: "The bonds will be
Mr. Miner says he is etill the largest shareholder
collateral tr ust gold 6s and will be redeemable on and after
Greene Consolidated Copper Co.— New Directors.- At the Oct. 1, 1907, at the rate of $200,000 a year. For the July
annnalmeetingonOct.il six new directors were elected, quarter the gross earnings were $443,000. The company is
the election resulting as follows :
paying dividends at the rate of 8 per cent per annum on its
New Directors. -W. D. Comieh, Anton Ellepa. W. B. Devereanx, "»""=o
James $8,000,0 '0 capital stock." A circular says
PhMlp. Jr W. T. Van Brunt and Silas W. Eocles.
since Its organization in March, 1908, the company has aoqilred adRetired.-Henry F. Blount. Charles Adsit, George 8. Bobbins..•»•".
J. B.
dltlinal oil and gas leases amounting to 123,8*7 acres and now owni
Sh'iwalter and T H. Anderson
637 oil and gas wells. To provide for the output of gas In the Indiana
Re-elected.— W. C. Greene, Mark L. Sperrv. E. B. Tastln H E
field the company purchased and enlarged the distributing plants at
Hantlngton, Henry Olleehelmer, Myron M. Parker, Gilbert B Perh'lns'
City and Palrmount and installed a complete plant at OonHartford
Epes Randolph. Edward C. Rice, AJtrel Romer. Galen L. Stone.
v' neaut and KlDgsvlUe, Ohio, and constructed lines therefo at a cost of
8. Thome, Jacob Wledman, L. O. Weir and Emll Berolzhelmer.
$100,000. The cost of said additions and development work amounted
President Greene stated that the net profits for the year to $?.000,00' and caused a floating debt of about $1,300,000.
ended July 31 amounted to |1,S38,578, contrasting with If the new bond Issue is authorized the floating debt will
be practically wiped ont. The bonds will be securc'l on property
$820,465 for the preceding year (see V. 77, p. 1293) or worth on a conservative estimate
ia excess of $8,000 000.
fr is conequal to 14'3 p. c. on the capital stock as increased las
fidently expected that the acquisition of the new properilPB and exspring from $7,200,000 to $8,640,000. The company, he re- tf nclODs or the old will result in a very material Increase in the earnported, has struck a new bed of ore of great value. The offl 3ial ings over those of the past year, which were $1,S07,6(>4.
Compare V. 76, p. 1146, 1358.
circular for Au«u8t states the bullion proiustion of
the
Piatt Iron Works Co., Dayton. 0.— Reorganized.—This
month at 5,156,225 pounds, containing 5,078,000 pounds of
electrolytic copper, 55,482 ounces of Pilver and 382 ounces of company has been incorporated under the laws of O iio with
gold sales of copper, 5,875,000 pounds: average price, 12-871 $800,000 capital stock, to succeed to the property of the Stilwell-Bierce & Smith- Vaile Co., manufacturers of pumps,
cents per pound. For dividends, compare V. 79, p. 1838.
water turbines, feedwater heaters and cotton-eeed oil maHamilton (Ont.) Steel & Iron Cq.— Status.— The proposi- chinery,
which was recently foreclosed. Co'^ pare V. 79, p.
tion to issue from $300,000 to $500,000 bonds to pay for exPresident J. D. Piatt favors us as follows:
969. 737.
tensions, the property being now unbonded, has, we are InThe company is expected to have a capital stock of $800,000, and a
formed, been abandoned, and such funds as may be required
bonded debt consisting of $300,000 of 5 p. c. 40 year sinking fund
will be obtained through the company's bankers. No
divi- bonds, drawing Interest from Sept 1, 1904. The proceeds from onedends were paid for the last two quarters, but It is intended to half of these b.'nde will be used as working capital. There will also be
resume full dividends next quarter. The company operates a Bomo surplus funds besides.
Pullman Company.— See page 1651.
steel plant with an annual capacity of 18,00i) gross
tons, and
produces various finished products, including cut nails of
Keitabiic Iron A Steel Co.— Rai7 JfWi.— The addition to
which its annual capacity is 100,000 kegs, steel bsrs, of which the Yonugstown plant will include a rail mill, affording adproduce 12,(00 gross tons yearly, along with some ditional outl'«t for the product of the new steel plant. See V.
o« n*°
27,0i
gross tons of fish-plates, rivets, band iron, etc. The 79, p. 1480 1036
directors are
^p* tuveatmcnt News Concluded on lp««e 1651^
;
'
*
—
&
:
,
W
<fe
W
<fe
.
.
W
;
:
Oct.
THE CHRONICLE.
15, i904.J
ERIE
1{>45
RAILROAD COMPANY.
NINTH ANNUAL REPORT-FOR THE FISCAL YEAR ENDING JUNE
Nkw
York, October
11, 1904.
Shareholders of the Erie Railroad
Bond and
pany
The following report
To
the.
Com-
of the operations of your property
submitted
for the year ending June 30, 1904, is respectfully
by the Board of Directors:
MILEAGE.
detail the mileage controlled or
Table No.
operated during the fiscal year ending June 30, 1904, from
-which you will note that the Company:
shows in
of entii-e stock
Controls by ownerslilp of over » majority of stock
Ovms In fee or controls by ownership
^•?k?'^S
27r61
Has trackage rights over
Total mileage operated
Has restricted trackage rights over
Ownsandleases to 01 her companies
Leases and re-leases to other companies
Controls lines operated Independently
-^^
"°
^'ii^^y
aq
on
^w
okt
r,i't%
ST87
164-54
Total mileage controlled but not operated
2,314- /b
Grand Total
—of which 741'81 miles, or 33-05 per cent, have second track,
16-52 miles have third track and 16-48 miles have fourth
Of the decrease of 2-747 miles of first track. 2-66 miles is
due to the abandonment of a portion of the Youngstown &
Austintown Railway and -087 miles is due to revisions of the
line of the Erie & Wyoming Valley Railroad, at West Junction, Nay Aug and Avoca.
U;The increase of 35-271 miles of second track is due to the
construction of additional second track as follows: In Salamanca yard, 1-138 miles; between Salamanca and Bucktootn,
1-140 miles; between Jamestown and Celeron, 2-220 miles;
between Columbus and Corry, 4-040 miles; between Akron
and Barberton, 7-023 miles; between Sterling and Creston,
between Youngstown & Hubbard, 7-114 miles;
between Coles and Sharpsville, 1-656 miles; between Sharon
and Pennsylvania Stats line, 2*090 miles; between Sharon
and Sharpsville, 2-910 miles; at West Salem, 2-394 miles; less
revision of line of Erie & Wyoming Valley RR., 103 miles.
EARNINGS AND EXPENSES.
The following statement shows the gross earnings, expenses and net earnings from the railroad and other operations for the fiscal year of the entire system (excepting toe
New Jersey & New York Railroad and the Coal Companies,
for which latter see next page and Table No. 17)
3-649 miles;
Eaenings.
$
From —
20,421,353 37
12.101,388 52
8,077,464 27
Freight
Coal
l>a8Benger
Mail.:
485,70938
Express
Rents
855.317 39
159,45717
904,493 29
Miscellaneous
S
$
D, 1,269.149 68
7.716,967 21
J. 55,5/2 82
8,021,89145
J. 13,229 57
472,47981
7.44,312 63
811.034 76
7. 29,'27M 88
130,178 29
7). 94,137 10
998,630 39
21,690,303 05
ll,3S4,42l 31
Earnings— Railroad.43,005,213 39 43,509,139 06
D. 503,925 67
Earnings- -Other Op2,195,949 89
erations
2,321,274 26
7).
Total Eaknikos .. .45,201 ,1 83 28 45,830,413 32
7>.
125,324 37
Maintenance
of
Way
629,250 04
1904.
1903.
$
9
Inc. or Dee.
3,957,356 99
3,652,913 98
7.
304,443 01
6,568,30112
6,728,760 54
7.
839,540 58
16,765,975 52
tation
8"2,708 12
Traffic Department....
15,373,486 79
877,429 01
993,147 49
971,770 60
an-i
Structures
Maintenance of Equip-
ment
Conducting
transpor-
1,104 55S 99
983,813 20
Geueral Expenses
Taxes
7.
1,392,48<< 73
I. 5.279 11
111,406 60
7 12,042 60
7.
Expenses -Railroad. 30,262,708 94 27,597,508 41 7.2,665,200 53
Expenwes-Other Op7). 9,120 94
2,328,250 04
2,319,129 10
erations
Total Expenses.. 32.581.838 04
.
Net
Earnings
29,925.7.^8
45
7.
2,6^6,079 5 9
— Kail-
^ ^^
„^
12,742,504 45 15,911,630 65 1)3,169,126 20
:
road
Net Earnings— All Op^ ^^^ „„„ ^„
12.619,325^4 15.9^4,654 87 D. 3,285,329 63
eratlons .:
Ratio of Expenses to
Earnings
7.6-78%
72-03%
65-30%
the decrease in gross earnings was $629,250 (14, or 1-37 per cent less than the preceding year, the
operating expenses increasing $2,656,079 59, or 8 8S per cent,
over the previous year, the net earnings beimt $12, 619. 325 24,
a decrease compared with the previous year of $3,285,329 63,
or 20-66 per cent.
The ratio of Operating Expenses (exclusive of taxes) to
Earnings was 6991 per cent.
Mkkchandi.sk Freioht.
The merchandise tonnage for the year was 14,824,811 tons,
a f^ecrease of 2,539,493 tons, or 14-62 per cent.
As shown above,
The decrease in revenue from the transportation of merchandise freight was §1,269,149 68, or 5-85 per cent less than
the p-^evious year.
The commodities transported are shown in detail in Table
No. 16 of pamphlet report.
Coal.
total coal tonnage for the year was 15.010,294 tons, an
increase of 728,872 tons, or 5-10 per cent over the previous
year.
»
,
The increase in revenue from the transportation of this
6-30
per cent.
commodity was $716,967 21, or
The anthracite tonnage was 6,969,231 tons, an increase of
1,061,353 tons, or 17-97 per cent over the previous year.
tons a decrease of
'I he bituminous tonnage was 6,402,092
The
.
.
117,435 tons, or 1 80 per cent less than the previous year.
The coke tonnage was 1,638,971 tons, a decrease of 215,046
tons, or 11-60 per cent.
The coal tonnage of the Company was 50-31 per cent of
the total tonnage transported.
General Freight Traffic.
The total revenue freight traffic of the Company during
the year, including both merchandise and coal, was 29,835,105
tons, a decrease or 1,810,621 tons, or 5 72 per cent.
The number of tons carried one mile was 5,189,158,367, a
decreaseof 218.192,122 ton miles, or 4'04 per cent less than
the previous year.
The t(jtal revenue derived from the transportation of
freight wae $3^522,741 89, as compared with $33,074,924 36
for the year 1903, a decrease of $552,182 47. or 1-67 percent.
The general average freight rate per ton per mile was '637
cents as compared with -612 cents the previous year, an
increase of -015 cents, or 2*45 per cent.
In addition to the above tonnage, 3,271,665 tons of Company's freight were hauled, making the total tonnage handled 33,106,770 tons.
In hauling this tonnage, 12,968,989 train miles were run, a
decrease compared with the previous year of 342,939 train
miles, or 2-58 per cent.
The revenue per freight train mile was $2 51, as compared
with $2 48 the previous year, an increase of 3 cents, or -93
The average train-load of revenue freight was
per cent.
400-12 tons, a decrease of 6-08 tons, or 1-50 per cent. Including Company's freight, the average train-load was 428-78
tons, as against 432-68 tons last year, a decrease of 3-90 tons,
or -90 per cent The average car load of revenue freight was
17-44 tons, a decrease of -44 tons, or 2*46 per cent. Including
Company's freight, the average car-load on the system was
18-68 tons, a decrease of -37 tons, or 1-94 per cent less than
the previous year.
Passenger Traffic.
The total number of passengers carried during the year
was 20,395,440, an increase of 419,087 passengers, or 2-10 per
cent.
The number of passengers transported one mile was 549 an increase of 20,760,278 passenger miles, or 3-92 per
757,640,
cent.
increase in gross revenue therefrom was $55,672 82, or
per cent.
The average fare received from each passenger per mile
was 1-469 cents, a decrease of -047 cents, or 3-10 per cent.
The average distance traveled was 26-95 miles, an increase
of -47 miles, or 1-79 per cent.
The average revenue received from each passenger was
39-60 cents, a decrease of -56 cents.
In handling the traffic 8,690,189 train miles were run, an
increase of 1-52 per cent over the previous year.
The earnings per passenger train mile were $1 '108, a decrease of -27 per cent.
The average number of passengers in each train was
63-26, an increase of 1-46 passengers, or 2-36 per cent.
The average number of passengers in each car was 17-42,
a decrease of -28 passengers, or 1-58 per cent.
While the volume of the business increased 2-10 per cent,
and the earnings -69 per cent, the train mileage increased
1-52 per cent.
Of the total number of passengers carried, 19,706.955
were local af d 688,485 were through passengers, both classes
of traffic showing an increase. There was a decrease in the
average revenue per passenger per mile in both the local and
The
-69
Expenses.
For—
1904.
.
:
1
30,
through business.
.
were carried by the Pavonia Ferry
over the Hudson River, an increase of 151,845 over last year.
16,643,927 passengers
EXPENSES.
Maintenance or Way and STBircrnRKS.
The expense of Maintenance of Way and Structures shows
an increase of $304,443 01, or 8-33 per cent over the previous
year. The property has been fully maintained: to acromplish this it has l)een necessary to rebuild or replace numerous struotu ea and appliances, entailing an unusually hf.-ivy
expense in this direction. The damage caused by the tiood
:
.
THE CHRONICLE.
l(>4(i
of October, 1903, which was the most serious in the
history
of the Compii'.y, neoessitated extraordinary expenditures
for repairs.
he expense was further in.reased by tlic prolonfijpd and severe winter, requiring n large ou'lay
to keep
the Jine open for operation, and by the increase in tbe rate
of rate of waxes of trackmen and other laborers employed in
this branch of the service.
10 iron bridges were replaced by new steel structures with
heavier carrying capacity.
1().131 tons of new 90-pound and 2,4G2 tons of new
80-pound
steel rail were placed in the trick during
the year, with the
necessary frogs, switches, etc.
63!>,2?5 cross-ties and 1,371,294 feet of switch
timber were
placed in the track, together with 810,749 tie plates.
164 8 mile9 of track were fully ballasted, and 9-5 miles
of
track were partially ballasted.
33-8 miles of new right-of-way fencing and 5-3
miles of
new snow fences were built.
25 I miles of passing sidings, 31-8 miles of other Company's
sidings and 7-6 miles of industrial side tracks were
constructed.
SB-?) niiles of telegraph lines were
rebuilt and 176'4 miles
of additional wire hung. 70*5 miles of wire
were used to
replace worn-out wire.
New passenger stations have been erected at Bloomfield
I
I
Vol.
Lxm.
the expenditures for additions and betterments
made to the
roperty.
These improvements consist chiefly of
I
:
v^°!?-T,^
^_„
SltfuaU and Interlooklni?.
Elluilnatlon of Grade Crosslnes.
Additional Tracks audaidl,'"*
^
y.^'^^Jj^VTOVi^nieBta,
Coal BtoraKe PJanta.
From December
1895, the date
1,
of the organization of
Company, to June 30,1904, $5,135,497 95 has been
pended in improvements and additions to the property exand
charged to Capital Account, as follows:
this
EUmlDatlon of Grade CrosBlngs
si 4'<T ooi aa
Keduclug Gradf-8 and Re-locatlDg Tracks
Additloual Tracks and Sidings....
Signals and Interlocking....:
Pen Horn
orn Creek RailroRd
Railroad.::;;;::;::;;::::;:;:
Goshen Railroad
Coal stoiage Plants.
Coaling Siatlone
Doeksand
eTs'?'.? Ti
7927;^0
no 7q
79
loq'f!fioZ9
^"^'V^^^^
^"o'na^o
ulnln-i
el? 268 el
il'i(i2 qI
:::::::::::::::::;;;
;; ;;;
Piers
:.:::;;:;;:;:;::::::;;:
il«is7?$
^liol ?o
::::::;:::::;::;;:::;::;
^'^11 It
i43;905 89
;
Bridges and Culverts
Telegraph Line.::;:;;:;;;"':
Additional Machinery
'^0**1
As explained under the heading " Financial "
*5,135,49795
in the Report
for the year 1903, $2,328,481 52 of the Company's
current funds
were expended for improvements, for which, under the terms
Avenue, Newark, N. J., Wanaque-Midvale. N. J., and
Consolidated
^
Mortgage, the Company was not enti?i J
u
to be reimbursed from the sale of bonds issued
Kichwood, O. Passenger stations at Pompton Plains, Home- tied
thereunder
stead, Englewood, N. J., and Tallmad-e, O., have
this amount having been charged to " Profit and
been reL.0S8, is eliminated from the above statement.
bnilt.
Maintbnancb of Equipment.
EQUIPMENT.
The expense of Maintenance of Equipment shows an incharged during the year with
^^•.•''^®?
crease of $8:^9 540 58, or 1465 per cent over the previous
«^^QQ?Q«l^n°°.^°*
year 15.5,994,983
00 for additional equipment.
[For details se«
°^ 'f P?i''s and renewals of locomotives increased pamphlet report.]
*Qoo m^o°?H
!$d^^,yl6
10, and is chargeable to the increased number of
From December 1, 1895, to June 30, 1904, $21,178,861 40 has
locomotives receiving heavy repairs; the additional work re- been
expended for new equipment charged to Capital Acquired on locomotives to meet the unusual weather
condi- count, and represents the purchase of
tions; and the increase in the rates of pay of
shopmen and
354 Locomotives
qs^ dii fiA.T »*
aA
other employees of this branch of the service.
'^'**^'''*'
C^""' 8,500 Coal Cars, 500 RefrlgeVator'cars;
^•?S?
i?."^
repairs and renewals of freight oars increased
Furniture
^^^
Cars,
20
Caboose
Cars
i%.F^^^'*"'
X^orP.^^ o°^
Milk Cars
?577,<394 13, and is chargeable to the increased
13 70ft ISR 72
'-*
number 806 Passenger
Cars, 1 Parlor Oar, 2 Dining' Cars' 8 Bag- ^•'"°-'°°
of freight cars receiving heavy repairs, the
number begage Cars, 10 Sixty-foot Express Cars, 6 Horse Exing d,5«6 in excess of the previous year, and to the
press Cars
growflni4iei7
ing
rease in the cost of maintaining a large number
7 Derrick Care, 1 Rotary Snow Plow ....;;
96'»69 18
o'
2 Lake Steamers. 3 Ferry Boats. 4 Tugs
old cars which, by reason of their age, are
::::.::;
87l'356 5»
expensive to 257 Canal and Transfer Boats, 20 Barges
181 806 16
maintain, and will be retired from service as fast
as it is Miscellan eous Equipment
?
.;;:;;:;
87 17« 74
practicable to replace them with new equipment.
"^"^^^
897 locomotives received general repairs, an increase of 58
$21,178,86140
..
;
'
.
m
over the previous year.
14 locomotives were remodeled and 57 new six-thousandgallon capacity locomotive tenders were constructed
and
the cost charged to Expenses.
worn-out
25
light locomotives were put out of the service
*°? *^e"; mventory value charged to Expenses, as compared
with 57 the previous year.
The tractive p .wer of the locomotives is 35,547,557 pounds
a.
i'
"
an increase of 4,955,413 pounds
The
ADDITIONS AND IMPROVEMENTS.
During the year $3,250,463 13 has been expended for improvements and additions to the property, of which $1,540,320 32 has been charged to the Income Account of the current year and |710,147 81 has been charged against the
amount set aside out of the income of the previous year for
this purpose.
[For details see pamphlet report].
EQUIPMENT TRUSTS.
Of the Equipment Trusts assumed by your company from the New
York
number
total
of locomotives at the end of the fiscal
Lake Erie & Western RR. Co.—
an increase of 125 over the previous year 150 There was a balance on
June 30, 1903, of $357,220 00
new locomoives having been received and 25 old locomotives Uptn which payments have
been made to
year was
1,255,
disposed of as stated above.
The average age of the locomotive equipment is 12
years
9 months, a decrease of 11 months from the previous year
The average mileage made by locomotives in passenger
service was 49.946 milHS, a decrease of -67 per cent.
The average mileage made by locomotives in freight
service was 37,426 miles, a decrease of 1-51
p r cent
of $69,.06 22 for the renewal of locomotives
«n5^|q%TAo^>''A'?'.
and
$377,622 67 for the renewal of freight cars, are available
tor replacement purposes the equipment
for which this
reservation was made is now
^.. under
„.^v.v,x v.,wuow
construction
uuiiuu
June
year.
Conducting Tbanspobtation.
Transportation increased
«l'392 488 7q°n%''n«^''°'^''';"°^
"^ P®^ ^®°*' o^^r t^6 previous year
* Jpu
The number of tons of freight moved shows a decrease
of
5 72 per cent, and the number of passengers carried buows
shows
an increase of 2-10 per cent.
The number of tons of freight carried one mile
decreased
The average distance each ton was moved
4 04 per cent.
during the current year was 174 miles, an
increase of 3-06
miles, or l-<9 per cent, as compared with
the previous year
The increase
the cost of conducting transportation is
largely due to the higher rate of wages
paid engine and
trainmen, telegraph operators and station employeesthe increased cost per ton of fuel for locomotives;
and the
and blockades caused by washouts and the unusually delays
severe
weather during the winter months.
'
'
m
COAL COMPANIES.
The
financial condition of your Coal Companies
at the
close of the year is shown by the Consolidated
Balance
Sheet, published herewith. Table No. 17. The
income account IS credited with $i. 993,911 25, less interest
on Pennsylvania Collateral Gold Bonds and Sinking Fund,
as the net
revenue of these companies for the year.
Tbe Company's
year
is
CONSTRUCTION.
Capital or Construction Account for the
charged with $783,151 49, representing a portion of
220.900 00
$136,320 09
,
Leaving a balance on that date
$968,776 12
143,249 19
of.
825,526 93
Or a girand total of
Of the Equipment Trusts created prior
;
Your Company's floating equipment in New Vnrt TTarKn..
and vessels o'n th'e Great l5akL\Teten ful?
malntSned'"^
The Inventory of Equipment. Table No. 18 (see pamphlet
report), shows the additions to the , equipment
during
° the
30. 1904, of
Leaving a balance on that date of..
Of the Trusts assumed from the New
York Pennsylvania & Ohio RR. Co
There was a balance on June 30, 1903, of
Upon which paj ments have been made to
June 30, 1904. of
$961,846 93
to this flecal year.
^^^^re
'
was a balance on June
30, 1903, of $4,633,228 58
''^J^.'^fo^7oToT.!'.T.^T..'^'''^^08,764
1 108 764 69
Leaving a balance of
During the year an Equipment Trust
has been made covering 1,000 Metal
3,524,463 89
Coal Cars
950,000 00
Making the
Eqnlpment Trusts
outstanding as of June bO, 1904..
$5,436,310 82
The total payments account of Equipment Trusts made
during the year amounted to $1,472,913 88.
total
CAPITAL STOCK AND FUNDED DEBT.
No change
has been made during the year in the outstanding Capital Stock, which is as follows
:
Authorized
Non cumulative 4 p.
N on cumulative 4 p.
Common
Issued.
c.
c.
First Preferred.. .. $48,000,000
Second Preferred. 16,000.000
Total
_
113.000,000
$47,892,400
16.000,000
112,378,900
$177,000,000
$176,271,300
Of the Prior and General Lien Bonds secured by the First
Consolidated Mortgage Deed, an additional $1,360,000 General Lien Bonds hav« been issued during the year and are
held in the treasury.
The
total
amounts
now outstanding
Prior Lien Bonds
^
General Lien Bonds
of bonds issued
under that mortgage
are
$3S.O00.O0O
39 041 qqq
Of the Convertible 50-year Gold Bonds secured by the
General Mortgage of April 1, 1903, $2,500,000 have been
issued during the year, making the total amount of these
bonds issued to June 30, 1904, $8,500,000.
Oct.
THE CHRONICLE.
15, 1904.]
1647
The account "Mortgages on Real Estate" has been reThe statements published herewith show in detail the
Company's entire funded debt, rentals of leased lines and duced $4,000 00 by payments made during the year.
An explanation has heretofore been made of the decrease
other fixed obligations as of June 30, 1904.
Equipment Trusts Outstanding."
in the
INCOME ACCOUNT.
The account "Reserve Funds," which consists of two
Gross Revetiue from Operations
f45,201,163 28 items, decreased $940,606 66. The item "For Improvements
32,581,838 04
Operating Kxpenses and Taxes
authorized to June 30, 1903," decreased $1,047,307 44, due to
$12,619,325 24 charges against this account as heretofore explained under
Net Eatulng^ from Operations
789,312 33 tlie head of "Additions and improvements" and in the Profit
Income from Securities Owned
$13,408,637 57 and Loss Account; the other item, "Miscellaneous Special
Gross Income
8,856,584 61 Funds," increased $106,"00 78, due to your Company having
Less— Interest and Rentals
torn down or destroyed freight cars and 1 comotives of a
'
Net Income
Expended for Additions and Improve-
$4,552,052 96
$1,540,320 32
ments
Dividends on Preferred Stock—
No. 6, Payable Keb.29, 1^^04.1957,848 00
No. 7, Payable Sept.7, 1904. 957,848 00 1,915,696 00 3,456,016 32
•
Balance to Credit of Profit and Loss
$1,096,036 64
FINANCIAL.
The General Balance Sheet, Table No. 4, published herewith, shows the financial condition of the Company at the
close of the fiscal year.
The Prior Lien Bond issue
is
unchanged.
Your Company
greater value than were rebuilt or purchased during the
year and charged to this account.
The increase of $313 605 65 in the account "Accrued Pennsylvania Coal Company's Sinking Fund"' represents ten cents
per ton on all coal mined from the mines of the Pennsylvania Coal Company during the fiscal year.
Of the securities for construction purposes turned over by
the Erie Reorganization Committee, $2,750,655 22, there have
been converted into cash the following:
Value as placed
Cash Realised
from Sale.
on fie Books
Jan, 1897.
I
$115,200 00 Bufi'alo & Southwest. KR. 2d Lien Bonds.. $1..^6,720 00
has receivt^d from the Trustee $1,360,000 00 of (General Lien
405,000 00 Erie RR. Co.'s Prior Lien Bonds
414,000 00
Bonds, being the fourth million of the $17,000,00 00 of Gen364,055 22 New York A. Greenwood Lake RR. Prior
eral Lien Bonds reserved for construction purposes, and
Lien Bonds
385,570 22
1,034,400 00 Erie RR Co.'s General Lien Bonn s
1,214,908 93
account of Equipment Trust payments
$360,000 00 on
Deawa-e
Hudson Exclusive Car Trust
630,000 00
Your Company is entitled to receive about $255,000 00 more
Certificates
630,000 00
of these bonds on account of Car Trust of New York and N.
181,000 00
181,000 CO Car Trust of New York Certificates
Your
Company
Car
Trust
payments.
has
&
O.
also
Y. P.
$2,952 199 15
received from the Trustee of the General Martgage an afldi- $2,729,655 22
tional $3,000,000 00 of Convertible Bonds, which have been
In addition to these securities there have been certified by
sold under the terms of the contract to which reference the Trustees of the Erie RR. Co.'s First Consolidated Mortwas made under the head of General Remarks in the report gage Deed and turned over to your (Company to reimburse it
for the year 1903.
for expenditures already made, $=>,000,000 00 Erie RR. Co.'s
The account " Erie Railroad Company Properties, includ- Prior Lien Bonds and $4,000,000 90 Erie RR. Co.'s General
ing Leased Lines" shows an increase of $531,274 62, due to Lien Bonds; and by the Trustees of the Erie RR. Co.'s Gencharging this account with the discount on bonds sold dur- eral Mortgage $3,500,000 00 Erie RR. Co.'s Convertible
ing the year, less value as carried on the books of $2,000 00 Bonds.
of Chicago & Erie Income Bonds pledged under the First
Of these securities there have been converted into cash the
Consolidated Mortgasje Deed and $6,000 00 of Pen Horn following
Cash Realised
Creek Railroad Stock pledged under the Erie Railroad Comfrom Sale.
Par Value.
pany's General Mortgage, in addition to some small amounts
Prior
$4,"3<,
00
Erie
RR.
Co.'s
Lien
Bonds...
84 27
$^,000,000
i-eceived on account of the Receivers of the New York Lake
1,634,111 11
2,00 ',000 00 Eile RR. Co 's General Lien Bond)
2,975,000 00
3,600,000 00 Erie nR. Co.'s Convertible Bonds
Erie & Western Railroad.
The account "Securities pledged under First Consolidated
$9,148,995 38
$10,500,000 00
Mortgage Deed" shows an increase of $2,000 00, caused by
that amount of Chicago & Erie Railroad Income Bonds leaving still in the Treasury securities as follows:
$2' ,000 00
Car Trust of New York Certificates, Par Value
having been pledged with the Trustee.
2,000,000 00
A new account h'^s been opened, "Securities pledged Erie Railroad Companj's General Lien Bonds
From December 1. 1895, to June 30, 1904, your Company
under Erie Railroad General Mortgage," against which has
been charged $6,000 00, being the par value of the Capital has received cash from all sources ifor Construction and
Stock of the Pen Horn Creek Railroad Company pledged Equipment purposes as follows:
From sale of Erie & Wyoming Vallev RR. stock.
with the Trustee of that mortgage.
$500,000
500,000 00 Cash received in settlem nt with the National Transit
The increase of $783,151 49 in Construction and $5,941,095 25
Co. ou account of an old claim.
in Equipment has been explained, with the exception that
4,343,850 13 Cash turned over by the Er.e Reorganization Comduring the fiscal year thir-re has been charged to Operating
mittee.
2,952,199 15 Cash realized from sale of securities turned over by
Expenses and Equipment Account credited a portion of the
the Erie Reorganizat'ou Committee.
cost of the 544 box cars purchased during the year ending
6,173,995 33 Cash realized from sale of sei urlties obtained from
June 30, 1901, to which reference was made in the report for
the FatiiieiM' Loan & Trust Co^ Trustee.
>
-fe
:
'
that year.
The account " Miscellaneous
Owned " shows a
your Company having sold
Securities
decrease of $270,221 68, due to
$1,000,( 00 00 of Erie RR. Co.'s Prior Lien Bonds and $1 000,OOO 00 of Erie RR. Co Pennsylvania Collateral Trust Bonds,
in addition to the redemption of $37,000 00 of Car Trust of
New York Certificates, 1-ss $1,360,000 00 of Erie RR. Co.'s
General Lien Bonds received from the Trustee, as lieretofore
explained, and additional Chicago & Western Indiana RR.
Bonds Sharon Ry., Mutual Elevator Co. and other stocks
received.
There
is
$1,186,164 74 invested in materials in excess of the
amount so invested at the close of the last fiscal year.
The increase in the account "Chicago & Western Indiana
RR. Sinking Fund" was $593 91 and in the account "Cash
with the Trustees of Sinking Fund'' $2,013 69, both increa.ses
representing larger balances on deposit with Trustees than
at the close of the previous year.
Daring the fiscal year Messrs. J. P. Morgan & Co., as
Trustees of the Pennsylvania Collateral Sinking Fund, redeemed $363,000 par value of the Erie RR. Co.'s Pennsylvania Collateral Four per cent Gold Bonds, paying therefor
$327,153 75, which amount repre-sents the increase in the
account "Pennsylvania Collateral Trust Bonds Redeemed."
The total par value of these bonds redeemed at the close of
the year is $70^000
The account "Line, Traffic Association and Agency
Funds" has been decreased $2S,559 37, due to your Company
having withdrawn portions of its contributions to certain
workiuii funds in cases where the amoun- deposited was in
excess of the requirements of the association of which it is
a member.
The account "Due from Subsidiary Companies" shows an
increase of $51 ',896 61, practically all of which is du from
the Erie Coal Companies and is amply secured.
The increase in "Bonded Debt" has been explained.
The account "Construction Obligations" shows a decrease
of $25,915 97. representing tho payment of $13,915 97 to the
<
City of Buffalo in
work and
excels
of charges for grade crossing
payment of $12,0'^0 00 on construction notes
of the New York Lake Erie & Western R.R. Co.
tho
2,975,000 00 Casb realized from sale of securities obtained from the
Standard Trust Co. oi New York, Trustee
2,500 00 Received Horn sale of P. C. & Y. RR. Bonds turned
over to the Erie RR. Co by the Receivers of the
New York Labe Erie & Western RR ("o.
457,867 50 Cash realized Irom pale of Capital Stock of the Northern RR. 'o, of New Jersey, originally paid for bj the
Erie Rt organization Commlttt e from ron.structlon
Funds, and sold June 1, l8v<«, by the Erie R t. Co.
200,000 00 Amount received account of the sale of the Union Dry
<
Dock
franchises, etc.
Amount returned June
14, 1901, by the English Governmt nt account of f^peclal Tax Deposit by the Erie
Reorganization Committee.
230,227 05 Amount received to enable th^^. Company to purchase
Erie & Wyoming Valley RR. Equipment.
107,989 22
$18,443,628 43
This amount has been used to partially reimburse your
for the following expenditures:
$457,867 50 For purchase of Northern RR. Co. of New Jersey
Company
4,110,615
16,821,132
1,729,611
65,000
348,377
S.')
Stock, as explained above.
instruction.
New C
13 New Eqiilpraeut.
68 Old New York uake Erie <fe Western Car Trusts.
00 Payment of Morttfages on Real Esta e.
50 Disbursed ou account of Union Steamboat Co. In
liquid iting its alfairs and in building or acquiring
additional rropertv.
110,773 66 Liquidating Receivership
New York Lake
Erie
&
Western RR. Co.
$23,613,378 02
Your Company has therefore expended from its current
cash for liquidating the R-ceivership of th-- New York Lake
Erie & Western RR. Co. and for construction and ecinipment
purposes from December 1, 1895. to June 30, 19U4. $5,199,749 .S9. for which it is entitled to be reimbursed from the
sale of either Erie RR Co.'s General Lien Bonds or Erie RR.
Co.'s Convertible bonds.
The Erie & Wyoming Valley RR., the Pennsylvania Coal
Co. and the Delaware Valley & Kingston RR. Const rurtion
accounts have been kept separately, and to Junw 30. 1904,
there has been expended on the.se accounts $5'>S,097 16.
During the year $^85, "61 14 has been realized from the sale of
securities heretofore received from the Trnstet> of the Pennsylvania Collateral Indenture. Of this amount :f508,097 16
THE CHRONICLE
1648
has been used to reimburse the Coinpany for expenditures
on these accounts, and the balance, $377,(3(53 v8, is held to be
expended in uooordance with the terms of this mortj^age.
Your Conip iny lias therefore expended under the terms of
the First Consolidated Mortgage Dted, the General Mortgage and the Pennsylvania Collateral Indenture, $4,833,085 (51, lor which it has not yet been reimbursed from the
sale of bonds.
In accordance with the usual practice, your Company's
accounts for the year have been examined by Messrs. Haskins & SelLs, Certified Public Accountants, and the result of
this examination is stated in the Accountants' Certificate.
OENERAX REMAKKS.
As provided
for in the Plan of Reorganization, all classes
of the Company's stock were vested in a Voting Trust, the
stock to be held by Voting Trustees for five years, or for such
further period, if any, as might elapse before the First Preferred s'ock received four per cent cash dividends in one
year. The payment of a second semi-annual dividend of two
per cent on the First Preferred stock on February 29th, 1904,
terminated the Voting Trust and delivery of your Company's stock is now being made in exchange for the stock
trust certificaes which were issued under said agreement.
Under the wise and conservative administra ion of the
VotiniT Trustees the credit of your Company has been
strengthened, its phj'sical condition enhanced by substantial betterments, and the property as a whole maintained in
efficient working order; so that the Company is now re tored
to the stockholders firmly established upon a busin ss basis
that should assure its successful operation. During the administration of the Voting Trustees the gross earnings of
your Company increased from $28,185,876 30 for the year
ending June 30, 1895, to $45,201,163 28 for the year ending
June 30, 1904. In the same period the net earnings increased
from $7,073,2-'9 82 in 1895 to $12,619,325
in 1904.
The additions and improvements to your property and
equipment have been continued, $9,028,602 62 hiving been
expended for this purpose during the year, of which $6,778,134 49 has been charged to Capital Account, as shown on
page 1646, and $2,250,468 13 has been paid from the Company's
Income, as shown on same page.
Your Company suffered severely from the unprecedented
rainfall over its Eastern Divisions from October 8 to 12, resulting in washouts entailing an expenditure of over half a
million dollars to repair, and causing an almost comj)lete
cessation of traffic during the greater part of that time.
Other floods and the extremely severe and prolonged winter
U
TABLE
June
(Vol. LKXii.
over the entire line caused a further increase in the cost of
operation and loss of revenue, which accounts largely for
the decrease in gross earnings and the increase in operating
expenses as compared with the previous year, when conditions were more favorable. The increase in wages to all
classes of labor, reference to which was made in the preceding report, has also been an important factor in the. cost of
operation.
Contracts have been let for the construction of a modern
station and ferrv house to replace the present inadequate
structure at the foot of West 23d Street. New York.
An addition to the Cold ^torage Plant at Coalberg has
been made, increasing its storage capacity 50,00j tons.
During the year 119 industries with track connections were
located on the line of the road, and 26 were located where
they are reached by paying switching charges to other companies.
There has been an increment of $18,058 43 to the Insurance
Fund during the year, the balance remaining to the credit of
this Fund at the close of the year being $597,695 11.
$19,709,238 24, or 60'5 per cent, of the total operating expenses was paid by the Company direct to labor, being distributed among 34,656 employees.
$474,215 31 was paid during the year for mileage on private
freight cars.
revision of the By-Laws of your Company providing,
amongst other things, for an increase in the number of
Directors from fifteen to sixteen, to be voted for and elected
in classes of four, to serve one, two, three and four years,
and thereafter to be elected for the term of four years each,
was adopted at the Stockholders' meeting of December 8th,
1903. Messrs. William C. Lane and Louis L. Stanton were
elected Directors to fill the vacancy caused by the resignation of Mr E. B. Thomas and to increase the number of
Directors as provided in the amended By-Laws.
he resignation of Mr. Daniel Willard, First Vice-Presi-
A
I
dent and General Manager, was tendered and accepted on
January Ist.
Mr. GeoTge F. Browrell was elected Vice-President; Mr.
G. A. Richardson, Second Vice President; Mr. J. M. Graham,
Fourth Vice-President; Mr. M. P. Blauvelt, Comptroller;
and Mr, David Bosman, Secretary. Effective January 1.
The Board announces with regret the death on Aug. 22
1904, of Mr. J. Lowber Welsh, whose loss will be deeply felt.
The thanks of the Board to the officers and employees for
their efficient services are hereby tendered.
Respectfully submitted by order of the Board,
F. D. UNDER WOOD. :Pre6tden«.
4.— CONDENSED GENERA.L BALANCE SHEET (ENTIRE SYSTEM) COMPARATIVE—JUNE
ASSETS
30, 1903.
Cost of Road and Equipment as Reokganizkd—
Erie Railroad Properties, including Leased Lines
Securities pledged undir Ist Consoll.iated Mortgage Oeed
Securities pledged under Erie Railroad General Mortgage
20,010 000 00
Securities plenged under Pennsylvania Collateral Trus' Deed.
Secuiities pledged under Chicago & Erie let Mortgage Deed...
1 ,240,000 00
Additions Since Dbcembee
1,
AND JUNE
30, 1903.
June 30, 1904.
$244,223,305 47
65,367,850 00
4,352,316 46
15,354,600 77
30. 1904,
$244,754,580 09
65,369,850 00
6,000 00
20,010,000 00
1,240,000 00
$331,380,430 09
1895—
Construction
$5,135,497 95
21,295,596 02
New Equipment
26,431,093 97
Total Cost of Road and Equipment
Miscellaneous Securities Owned—
$357,811,524 06
Held for Gf-neral Purposes
Held for Construction Purposes
To toe pledged under Ist Consolidated Mortgage Deed
4,493,784
2,658,000
578,926
New Yobk Susquehanna & Wbstekn
Preferred
6,262,400
5,748,9J0
$5,760,562 71
1,021,000 00
578,926 00
7,360,488 71
RR. Capital Stock—
$6,262,400 00
5.748,900 00
,
Comiuon
2,724 080 12 Materials AND Supplies on Hand
500,''00 OOiSecueitiks inTtust for Insurance Fund
13,033 9'i Chicago & Westwkn Indiana Sinking Fund
1,00 i 23 Cash WITH Trustees of Sinking Fund
378,789 38 Pennsylvania Collateral Trust Bonds Redeemed
.^3.967 70 Line, Traffic Association and Agenct Funds
l,a71,.553 76 DDE fr*)m Subsidiary Companies
35,745 35 Insurance and Expenses Paid not Accrued
12,011, 300 00
3,910, 244 86
SCO, 000 00
13, 627
3, 048
Par Value
2-. 408 33
1,789, 450 37
71. 390 95
Current Assets—
7,181,138 21
1,124,505 20
86
119,348 37
1,252,156 71
805,.';83
CJanh iahands of Treasurer
Cash in transit from Agents and Conductors
Due from Agents and Conductors
Due from United States (ioverDuient.
Due from Companies and Individuals
86
92
705, '»43 13
(.$768,000 00).
3,139,693
878,535
544.002
122,642
1,323,332
:
8S
36
00
81
11
6,008,206 16
$38.'S.«50,920
June
P3
$390,210,633 35
LIABILITIES.
30, 1903.
June
30, 1904.
Capital Stock—
$47,«92.400 00
16,000 000 00
112,378,900 00
145.470,600 00
23,960.=- 00
00
12,300,000 00
$47,892,400 00
16,000,000 0<i
112,378,900 00
8t Preferred, Non-cumulative
2d Preferred, Non-cumulative
1
Common
Bonded Debt-
$176,271,300 00
Erie Railroad Company ...... ..... ......
Leased Lines
Clilca^o & Erie Railroad Company
.
..
.....
$149,330,600 00
........
23,960,f>00 00
12,300,000 00
185,591,100 00
Construction Obligations 530,701 21
36,000 00
770.85" 00
Erie Railroad
Company
New York Lake
Erie
&
Western Railroad Company
MoRTOAGfs ON Real Estate
...........
.
..............
..
.
.........
..
$516,785 24
24,000 00
540,785 24
766.H50 00
)
Oct.
TABLE
June
THE CHRONICLE.
15, 1904. J
GENERAL BALANCE SHEET (ENTIRE SYSTEM) COMPARATIVE-JDNE
4. -CONDENSED
30, 1904,
LIABIL IIIES—( Oonchided.
30, 1903.
AND JUNE
June
^3(>3,i70,033 34
Equipment Trusts OtJTSTANDiNO—
New Equipment Trusts -.
4.633,228 58
New York Lake Erie & Western Railroad Trusts
357,220
New York Pennsylvania & Ohio Railroad Trusts.
968,776 12
$4,474..463 89
136,3ii0 00i
.
>
INTEEEST AND RENTALS ACCRUED NOT DUB—
Interest on Bonded Debt
Interest ou Mortgages
Interest on Equipment
Interest on Construction.
Acerued Rentals of Buildings and Piers
Accrued Rentals of Leased Lines
1,498,319 98
6,859 95
53,154 16
59,407 34
16,193 93
20,412 16
825,526 93
55,436,310 82
$1,523,219 98
6,859 95
44,102 08
RESERVE Funds —
For Improvements Authorized to June
1,569,404 26
Miscellaneous Special Funds
260,263 55
30,
07
71,80'<
2,786 67
20,607 16
,
,
957,848 00 Dividend No. 7 on First Preferred Stock, Payable Sept.
7,
1,669,383 91
957,848 00
1904
$522,096 82
366,9t4 33
1903
889,061 15
863,941 79
Coal Co. Sinking Fund.
550,336 14 ACCRUED Pennsylvania
Current Liabilities Interest on Bonds Due and Unpaid
1,752,400 73
Interest on Equipment Due and Unpaid
38,388 53
Rentals of Leased Lines Due and Unpaid
161,195 35
Interest on Construction
4,537 08
Interest on Mortgages
5,286 75
Rentals of Buildings and Piers
312 50
—
Pay Roll Account
1,750,399 18
Audited Vouchers
1,451,232 12
Due Connecting Lines
550,650 32
9,645,142 99 Profit
30, 1903.
30, 1904.
Brought forward
^359,339.95' 2'
<>49
1
$1,768,576 25
25,767 86
169 950 35
5,702 84
5,286 75
907 50
1,430,093 19
2,267,770 87
506.694 46
6.1P0.700 07
11,043,352 37
and Loss
!$390.210,633 35
»385,650,920 93
TABLIi: 17.— CONSOLIDATED BALANCE SHEET ERIE COAL C3MPANIES JUNE 30,
Co., Hillsidb Coal & Iron Co., Blossburg Coal Co. and Northwestern Mining
Pennsylvania Coal
'
Exchange
Co.
Liabilities.
assets.
Real Estate, Buildings, Etc.-Real Estate and Buildings
Tracks and Mine Openings
Machinery and Fixtures
Mine Stock and Tools
1904.
&
Capital Stock
$6,324,932
308,780
360,824
70,704
36
48
55
29
$7,065,241
l,24e,232
299.322
13,005
488,694
Miscellaneous Securities Owned.
Advanced Royalties
Insurance Paid not Accrued
Materials AND Supplies ON Hand
68
16
00
00
92
86
1,121 60
2,361,820 81
$7,500,000
400,000
74,038
2,314,026
Bonded Debt
Mortgages on Real Estate
Fond for Depreciation of Lands....
Interest Accrued not Due
Erie Railroad Company Advances...
Reserve Funds—
For Improvements Authorized
30. 1903
95
05
33
to
June
$157,85679
Miscellaneous Special Funds
25, €01
,
87
183,458 66
Current Liabilities—
Interest on Bonds Due and Unpaid
Current Assbts$5,000 00
Cash Funds with Superintendents
Coal on Hand at Markets
3,125,356 47
Due from Companies and Individuals... 2,704,919 42
TABLE
810,000 00
Audited Vouchers and Accounts
Pay
1,712,421 31
390,883 90
Rolls
5,835,275 89
2,113,305 21
$14,947,772 06
$14,947,772 06
13.—ANALYSIS OF TRAFFIC, EARNINGS
JUNE
AND EXPENSES (ENTIRE SYSTEM) FOR THE YEARS ENDING
30, 1904 AND 1903.
Decreate.
Increase.
1904.
1903.
Amount.
Mileage of road operated
2,150-215
Per
Amount.
Cent.
^^Jf^
2-7471
2,152-962
-13
Freight Traffic.
Number of tons of
Number of tons of
general freight carried
14,824,81117,364,304coal carried
5-10
15,010,29414,281,422728,872Total number of tons of all freight carried*
29,835,10531,645.726Total number of tons of all freight carried one n^e
5,189,158,3675,407,350,489Average distance hauled per ton
173-928
170-871
3-057 1-79
Total freight earuings
$32,522,741 89
$33,074,924 36
Average earuings per ton per mile
-627
-015 2-45
Cents
-612
Cents
dente
Freight earniDgs per mile of road..............
$15,125 34
$15,362 52
Freight earL Inge per train mile
•93
$2-50773
$2-48461 Cents
2-312
Freight expenses per train mile, excluding Water Lines..
$1-77652
$1-57320 Cents
20-332 12-92
Average number of tons of Freight in each train
400-12
406-24
Average number of tons of freight in each train, including
428-73
432-68
Company's material
17-44'
Average number of tons of freight in each loaded oar
17'88
2,539,493 14-62
1,810,621
218,192,122
5-72
4-04
$552,182-47
1-67
$23718
1-54
6-08
3-90
1-50
-44
2-46
Cents
-047
3-10
Cents
-300
-27
•28
1-58
•90
Passenger Traffic.
Number of passengers carried
Number of passengers carried one mile
Average distance per passenger
Total passenger revenue
Average earuings per passenger per mile
Total passenger train earnings
Passerjger train earnings per mile of road
Passenger train earnings jier train mile
Average number of passengers In each train
Average number of passengers in each car
20,395,410549,757,64026-955
$8,077,464 27
1-469
Cents
$9,629,704 93
$4,478 48
$110811
6326
17-42
19,976,353528,997,36226-481
$8,021,891 45
Cents
1-516
$9,511,456 03
»4,417 85
$1-11111
61-80
17-70
419,08720,760,278•474
2-10
3-92
1-79
$58,572 82
•69
$118,248 90
$60 63
1-24
1-37
i"-46
2-36
Earnings and Expenses.
Freight and passenger earnings
Freight and passenger earninKs per mile of road
Gross earnings, all lources — Railroad
Gross earnings per mile of road
Gross earnings per train mile
Operating expenses and taxes
Operating expenses and taxes per mile of road
Operating expenses and taxes per train mile
Net earnings
Net earning'^ per mile of road
Net earnings per train mile
' The coal
to 33,106,770.
$40,fi00,206 16
$496.609 65 1-21
$41,096.815 81
$18 8H1 93
$206 57 1 -08
$19,088 50
213
39
$43,005
$43,509,139 06
$503,925 67 116
42
$V108 56 1-03
;^20 Oi
$20,208 97
$1-98854
-370
19
$1-98924
Cents
9-66
708
94
$30,262
$27,597,508 41
'$2,66.5V206'.^3"
9-80
$l,2ft5 88
$14, 074 27
$12,818 39
$1-39722
$1-26176 Cents
13^546 10^74
J.l(!9,126 20 19^92
$15,91 1,630 «5
$12,742 .^04 45
$7,3it0 58
$1,464 43 19-81
$5, 926 15
58-832
Cents
Cents 13-916 1913
Cents
72-748
and other supplies transported for the Company's use
I
in
1904 amounted to 3,271,665 tons, Increasing the aggregate tonnage
.
,
THE CHRONICLE.
JG50
TABLK
(Vol. lxxix.
ANALYSIS OF TRAFFIC, EARNINGS AND EXPENSES (ENTIRE SYSTEM) FOB
THE FIVE YEARS ENDING JUNE 30, 1900. I'JOl,
14.
1902. 1903
AND
1904.
(Railroad Operatlone only Included in 1902, 1903 and 1901.
Mileage of road operated
1903
1901.
2,109-487
2,155-787
1902.
1903.
1901.
2,152-962
2,150-215
2,153-743
Freight Traffic.
No. of tons of general
freiglit carried.
14,248,63613,725,39515,2P6,'^8117,364,30414,824.81112,274,20712,701, 25012,411,07814,281,42215.010,294Total No. of tons of all freight carried
26,947,b9225,999,60227,697,15931,645.72629,835,105Total number of tons of all freight
carried one mile
5,157,955,9754,989,581,9884,756,339,9495,407,350,4895,189,153,367Average distance hauled per ton
191-405
191-910
171-727
170-871
173-928
Total freight earnings
$28,827,988 53
$29,284,996 25
$28,325,288 75
$33,074,924 36
$32,522,741 89
-569
Average earnings per ton per mile
Cents
Cents
-587
-596
Cents
-612
Cents
Cents
-627
Freight earnings per mile of road
$13,666 20
$13,584 68
$13,151 65
$15,362 .52
$15,125 34
Freight earnings per train mile...
*2-06236
$2-20187
:»2-24225
$2-48461
$2-50773
Ave. No. of tonsof frelghtiu each train
369-00
375-16
376-52
406-20
40012
Average No of tons of freight in each
train, including company's material
892-32
400-22
399-76
432-68
428-78
Average number of tons of freight in
16-73
each loaded oar
16-89
17-05
17-88
17-44
NumVier of tons of eoal carried
.
PA88KNGER TRAFFIC.
Number of passengers
16,527,876-
carried
17.209,900-
18,597,550-
19,976,353-
20,395,440-
No. of passengers carried one mile
446,190,767469,670,388509,232,576528,997,362549,757,64026-996
Average distance per passenger
27-291
27-382
26-481
26-955
Total revenue from passengers
$6,905,224 28
$7,278,053 75
$7,639,501 43
$8,021,891 45
$8,077,464 27
1-548
Aver, earnings per passenger per mile Cents
Cents
1-550
1-500
Cents
Cents
1-516
Cents
1-469
Total passenger train earnings
3,166.656 05
$8,610,102 26
$9,073,395 60
$9,511,456 03
$9,629,704 93
Passenger train earnings per mile of
road
$3,871 48
$3,994 04
$4,212 85
$4,417 85
$4,478 48
Paissenger train earnings per train
mile.
$1-00745
$1-04478
$1-06558
$1-11111
*l-10811
55-04
Ave. No. of passengers in each train..
56-99
59-49
61-80
63-26
16-89
Ave. No. of passengers in each car
17-21
17-04
17-70
17-42
i
I
I
Earnings and Expenses.
Freight and passenger earnings
$36,994,644 58
$37,895,098 51
$37,398,684 35
$41,096,815 81
$40,600,206 16
Freight and passenger earnings per
mile of road
$17,537 59
$17,578 72
$17,364 50
$19,088 50
$18,881 93
Gross earnings, all sources
$38,293,031 87
$39,102,302 42
$38,409,225 37
$43,609,139 06
$43,005,213 39
Gross earnings per mile of road
$18,153 20
$13,138 72
$17,833 71
$20,208 97
$20,000 42
Gross earnings per train mile
$1-73395
*1-81524
$1-81625
$1-98924
$1-98554
Operating expenses and taxes
$28,448,605 14
$28,406,974 27
$25,641,691 91
$27,597,508 41
$30,262,708 94
Operating expenses and taxes per
mile of road
$13,486 35
$13,177 38
$11,905 64
$12,818 39
$14,074 27
Operating expenses and taxes per
train mile
$1-28818
$1-31873
$1-21252
$1-26176
$1-39722
Net earnings
$9,844,426 73
$10,695,328 15
$12,767,533 46
$15,911,630 65
$12,742,504 45
Net earnins per mile of road
$4,666 85
$4,961 33
$5,928 07
$7,390 53
$5,926 15
Net earnings per train mile
44-577
Cents
49-651
Cents
Cents
60-373
Cents
72-748 'Cents
58-832
I
I
I
i
-
j
WISCONSIN CENTRAL RAILWAY COMPANY.
FIFTH
ANNUAL REPORT—FOR THE FISCAL YEAR ENDING JUNE
To
the Stcckholder.t of the Wiaconsin Central Ry. Company:
Your Directors submit the following report of the operations of the company for the year ending Jane 30, 1901:
GROSS EARNINGS.
From freight
From passengers
From mall, express and miscellaneous
$4,765,e04 61
1,405,783 30
294,788 67
Total
Operating expenses (6716 per cent of the gross earnings)
$6,466,176 58
4,342,439 37
Netearnings
Other income
$2,123,'737 21
50,007 70
,
Total
.$2,173,744 91
_..
262,212 62
Accrued taxes
Balance
Accrued rentals
Accrued interest on bonds
$1,921.532 29
$369,839 63
1,127,445 47
Total fixed charges.
1,497,285 10
Surplus
Surplus brought forward from last year
Total surplus June 30th, 1904
Appropriated for improvements.
$425,026 88
Appropriated for new equipment
218,546 92
Appropriated for redemption of M & S. E.
Dlv. ist uitge. bonds, as provided in Article II, Section 2, of mortgage dated
May 1,1901
..
5,250 00
Reserved to retire $60,000 Series B Equipment Trust bonds, maturing July 1, 1904.
60,000 00
$124,247 19
717,622 61
$1,141,869 80
Company.
On July 1st, 1903, the company's
5 Her Cent Gold Equipment Trust bonds outstanding amounted to
$595,000 00
Of these bonds there have been purchased and retired during the year.
60,000 00
Leaving balance ontstanding at the end of the year... $535,000 00
of the sinking fund under the mortgage
securing bonds issued In payment of the purchase price
of the Marshtield;& Southeastern Railroad resulted in
the canoellatioQ of said Purchase Money Mortgage
bonds to the extent of
$3,000 00
The sinking fund payment of this year also provided for
00
additional
which
$2,000
bonds,
were purchased and
retired subsequent to .)une 30, 1904.
The operation
The t"tal amount of First General Mortgage bonds now
available for Improvements pursuant of Section 4 of
Article I. of the First General Mortgage but not drawn, is $118,280 00
There is also due the company from thtj Trustees of the
First General Mortgage, pursuant of Section 3 of Article I., fractional amounts of said bond.s. aggregating ..
$600 00
The total amount of said bonds, therefore, due. bufnot
drawn by the company. Is
$118,850 00
In addition to the last-mentioned amount, the Trustees
hold under Section 'S of Article I of the First General Mortgage of this company, §3,241,150 00 of First General Mortgage bonds, which are applicable primarily under Section 3.
to the retirement of underlying bonds to the amount of
$2,037,000 00, at or prior to maturity, any residue thereof
not so needed being subject to be drawn by the company
for improvements, equipment, etc., as provided in Section 4
I.
LAND DEPARTMENT.
4.839-60 acres of land were sold for
The average price per ore being
fc
to
be carried forward
$433,046 00
MILES OF ROAD.
The average mileage operated during the year was
CAPITAL STOCK.
977-04
fiscal year.
FUNDED DEBT.
The following changes
in
funded debt have occurred dur-
ing the year:
The trustees of the sinking fund under the mortgage of <he Wisconsin
Central Railroad Company dated January 1, A. D. 1879, expended
during the year $1,576 67 In the purchase and retirement of
$27,295 12
$5(54
10
00
Timber sales amounted to
.$219,570
Town lot sales amounted to
$330
The royalties accrued during the year from Iron ore mined
from the company's land amounted to
$66,184
The gross cash receipts from lands, lots, timber, loyalties,
deferred pa>inents, interest on deferred payments,
rents, etc., were
$280,704
The expenses of the Land Department, Including taxes
and the cost of caring for the property were..
$89,763
The total number ot acres remaining in the grant on the
.
There have been no changes in the capital stock during
the
1904.
$1,500 00 First Series bond« of the Wisconsin Central Railroad
of said Article
708,823 80
Leaving a net surplus
80,
—
30th of June, 1904, was
30
59
56
466,056-99
Number of acres under contract of sale
33, 979-10
Number of acres unsold
432,077-89
(Note.— Errors which oceurred manj" years since in recording the number of acres of land in the grant have been discovered and corrected in the past year. This resulted in
—
Oct.
THE CHRONICLE.
15, 1904.]
adding 20,886-34 acres to the amount heretofore shown as
included in the grant.)
It will be noticed that the sales of land during the fiscal
year have been very small as compared with several previous
years. The demand for agricultural lands in our territory
has been, and is at the present time, very much restricted.
This is believed to be a temporary condition and it is anticipated that in due time the sales will increase.
In the meantime the sales of timber have been larger than
in any previous year.
Rednced shipments from the mines owned by the company
and lower market value of the product have operated to decrease the royalties from iron ore.
The gross cash receipts from the Land Department from
all sources were, however, but $3,000 less than those of the
previous year.
less price than was paid last year and a considernble saving
The cost of fuel for locomoin this direction is expected.
tives for the months of July and August was $37,660 46 less
than for the corresponding months of last year.
During the year 4,593 tons of new steel rails (85 pounds to
the yard) were laid. The cost of these rails, together with
the cost of the fastenings, and including the cost of handling
and laying, less the value of the rails and fastenings released,
was, as usual, charged to operating expenses. 3,257 tons of
rails were released by the laying of tbe above new rails:
The Renewal Reserve fund at the end of the year amounted
to $104,450 85, being $22,936 18 in excess of the amount at
the end of the previous year.
The credit to Equipment Renewal fund at the beginning
$160,645 70
of the year was
The value of equipment destroyed during the year charged
$23,646 36
to repairs and credited to this fund was
LAND GRANT SINKING FUND.
Total
$272,192 52
3,000 00
Balance
$269,192 52
1,576 67
Expense of administering the trust during the year
Amount
invested by Trustees
Balance on hand
Making a total credit to the fund of
$184,292 06
During the year 55 box cars, 38 ballast cars and 25
82,699 71
caboose cars were rebuilt at a cost of
$80,986 86
186,5(000
4,705 66
Cash balance Tuly 1.1903
Paid Sinking; Fund Trustees during year
Interest on deposits during year
*267,615 85
-
Leaving a balance in the Equipment Renewal fund at
.$101,592 35
the close of the fiscal year of
IMPROVEMENTS.
The charges to Improvement Account during the year
amounted to
$447,098 45
This was provided for as follows;
From prcceeds of First General Mortgage bonds
$22,071 57
From surplus
COMPARISON OF EARNINGS AND EXPENSES OF THE YEARS
ENDING JUNE 30, 1903 AND 1904.
$89,978 92
168,893 92
Decrease in earnings on general freight
Decrease in earnings on iron ore
1651
$425,026 88
earnings
details of the Improvement
18 of Pamphlet report.
The
page
Account are shown on
EQUIPMENT.
Total decrease In freight earnings
Incteasein passenger earnings
Increase in mail, express and miscellaneous earnings
$258,!572 84
46,213 12
26,973 56
Fourteen locomotives purchased in the previous year were
delivered, paid for and charged during this year.
Decrease in gross earnings (2-79 per cent)
Increase in expenses (3-24 percent)
Decrease in net earnings (1317 per cent)
$18^,686 16
$IS6,445 8
$322,132 05
$17,921 79
$22,594 29
$4,945 22
INDUSTRIAL DEVELOPMENT.
The decrease in the sales of the company's lands in the
last fiscal year was coincident with a decrease of immigra-
'
Increase in taxes
Decrease in rentals
Decrease in interest on bonds
The decrease in iron ore earnings as compared with the
previous year was $168,893 93. As yet there is no improve-
ment in this traffic.
The decrease in general freight earnings is accounted for
wholly by the decreased average rate per ton per mile, which
was on this traflfic 6 42-100 mills per ton per mile, against
6 84-100 mills the previous year. There was a falling off of
high-rate traffic and an increase in low-rate traffic, resulting in a larger tonnage movement (704,510,412 tons one mile,
excluding iron ore, in the last fiscal year, as against 673,736,381 tons one mile in the previous fiscal year), while the
revenue decreased.
The decrease in gross freight earnings was followed by an
increase in expenses. Aside from the increase in expenses
incident to the increase in volume of traffic, the advance in
wages, in cost of fuel, and the increased cost ©f operation
due to an unusually severe winter, are the principal items.
(Wages
of engine
and round-bouse men increased!
Sll,725 39
Wages of conductors, brakeraen and baegagemen increased. $39, 841 81
Wages of switchmen, flagmen and station men increased... SIG, 809 29
tion into the territory tributary to the company's lines.
The building of new industrial establishments was also
somewhat restricted, but on the other hand industries already established enlarged the scope of their operations,
and on the whole it may be said that the industrial devel-
opment along the company's
VOTING TRUST AGREEMENT.
This agreement, which had been in existence since July 1,
1899, expired at the close of the fiscal year and steps were at
once taken by the trustees to deliver to the holders of their
certificates tbe stock of the Company represented thereby.
At this time a considerable majority of the stock has been
delivered.
Statements and
Company, as well
statistics relating to the business of the
as a balance sheet showing the condition
of the Company at the end of the year, will be found attached. Reference is made to these for more particular in-
formation [see page 1636J.
By order of the Board of Directors,
H.
$55,069 68)
Ooscof fuel for locomotives increased
Contracts for fuel to cover the requirements of the company for the current fiscal year have been entered into at a
Pnllman Company.— Bepor^—The
ecded July
Fiscal
year.
results for the years
compare as follows:
Balance,
Total
31, 1904, 1903, 1902 and 1901,
Total
yet
Dividends
revenue.
i7icome.
paid, 8%.
surplus.
surplus.
1903 04. ...$24,788,729 $^.66 .601 $5,919,976 $3,741,625 $18,017,874
1
1902-03.... 23,120.713
9,417,687 5,919,968 3,497,719 14,275,749
8,935,674 6.919,923 3,015.751 10,778.0>i0
8.786,221 6,919,886 2,866,336
7,762,279
of passengers carried during the year
190102.... 20,597.903
190001.... 17,996,782
The total number
was 13,312,668, or 991,40^^nore
78, p. 771.
than the previous year.—V.
Roehflster & Plttsbargh Coal & Iron Co.— Called Bonds.
Nine Helvetia property purchase money mortgage bonds
have been drawn for payment Nov. 1, 1904, at 110 and interest at the Central Trust Co.— V. 77. p. 953.
South Chester (Pa.)Tobe i:^.— Extra Diuicfend.—This
company, which was organized in 1899, has declared an extra
dividend of 1 p. c. in addition to the regular quarterly dividend of 1^ p. c, payable Oct. 1. The following is pro-
nounced correct:
The corporation has continued its divldenda of 6 p. o. tbronghout
the period of depresnion In the steel and Iron trade, and has aconmulated a Burplns of $467,000. Its capital stock, $l,0C0,000, is practically all owned )n Philadelphia. The company manufactures ateam
and line plte, lap-welded Iron boiler tubes, tubing and casing for artesian, oil
and
salt wells.
StUwellBlerce & Smith- Yalle Co. of Dayton, O.—Suacenaor.— See Piatt Iron Works Co. above.— V. 79, p. 969, 737.
Sweetser,
Pembrook &
Co.,
The Arnold Print Works, A. D.
New York.— Jf?eceiuer«/iip
&
—
Juilliard
Co. and Lawrence
Co,, creditors to a total of $98,654, having filed a petition
in bankruptcy against the company. Judge Hilt of the
United States District Court on Wednesday appointed Wil
Ham M. Haines of Englewood and George L. Patnam of 11
East 44th St. receivers of the property. The liquidation has
been nearly completed, the creditors having received casb
for 80 p. c. of their claims, but in the final settlement it is
thought best to have the company in receivei'a hands.— V.
79, p. 969, 685.
&
lines has been reasonably satis-
factory during the past fiscal year.
F.
WHITCOMB,
President.
Milwaukee, October
1,
1904.
United States Rubber Co. Notes to be Extended,— The
company has arranged through Blair & Co. and the First
National Bank for an extension for three years of $8,000,000
of its funding 5 per cent notes due March 15 next. The orig-
was 112,000,000, of which $2,000,000 has been paid
and an additional $2,000,000 will be paid at maturity, the
balance being extended till March 1, 1908, as above. Referring to the talk of increased dividend jidlstribntions, an
official said it was better policy to use surplus earnings for
inal issue
the liquidation of debt.
Subsidiary to Handle Crude iZubber.- President Colt is
quoted as saying:
The General Rubber Co. whloh was formed with a capitalization of
$2,000,000 before I went abroad, is controlled by the United States
Rubber Co.. and will establish warehouses in the leading crude rubber
centres. This will leave us independent in the matter of obtaining
our raw material. The high prloeR whloh prevailed for crude rubber
Id the last year serve as an object lehson of the necessity for such
facliUles as we will obtain throngu the new General Rubber Oo. This
concern's warehouses will be located not only In Brazil, whence the
best rubber comes. but also in Antwerp, the leading market for African rubber, and in Liverpool, 'which receives quantities of rubber both
from South America and from Africa.— V. 79, p. 159.
United States Wire & Nail {:o.— Bankruptcy Sale Oct, 20,—
This company's proptrty is advertised to be sold free of all
encumbrances under order of the United States District
Court, at Anderson Road Station on the Pittsburgh & Lake
Erie RR., on Ojitober 20. L B. D. Rpese is trustee in bankruptcy; Attorney, L. B. Dutf, Frick Building, Pittsbargh.—
V. 75, p. 458.
—Maurice C. Sternbach. member of tbe New York Stock
Exchange, and Adolph Hoeland will, on Oct. 17, open an
ffioe at 40 Wall St. for the transaction of a banking and
brokerage buslneea under the firm name of Sternbach & Co.
c
Mr. St<-rnbach Is a Bon of the late Charles Sternbach, who was
a director of the National Park B%nk and the senior partner
of the former firm of Sternbach & Co., of which firm Mr.
Hoeland was also a member.
.
THE CHRONICLE.
\(')32
[Vol. LXiix.
COTTON.
Friday Niqht, October
COMMERCIAL EPITOME
as indicated by our telegrams
from the South to-night is given below. For th*» we*>k ending
this evening the total receipts havw reached 384,830 bales,
against 401,721 bales last week and 438,253 bales the previous
week, making the total renpipts since the Ist of Sept., 1904,
1,857,252 bales, against 1,256,319 bales for the same period of
1903, showing an increase since Sept. 1, 1904, of 630,903 bales.
Friday Night, Ojtober 14, 1904.
EncoaragiDg reports have continued quite generally of the
condition of buslnees. The monthly report of the Government's Agricultural Department issued early in the week
foreshadowed full yields from all the grain crops exclusive
Receipts atr—
BcU.
of wheat, and the Indication s have continued to favor a
QalreBton.
18,055
conditions
are
inrecord yield from the oo^on crop. These
Pt.Arthur,<ko
terpreted as promising Industrial activity during the coming
if ew Orleans... 14,021
year and merchants generally are showing a disposition to Mobile
3,192
prepare for an active business. The reports from the pig Pensaoola, Ao.
iron market have indicated a batter condition of business Savannah
15,788
Bronsw'k, ix
and at hardenln..; values. The demand for steel aud manuCharleston.. ..
1,962
factured iron has been good and the outlook is considered
\
Mon.
Wed.
Tut*.
T»Mr».
16,795 21,119
9,573
3,105
946
1,830
Jan. dei'F
May del'y
The demand
^2!!'
7-40
"*'•
7-40
740
740
7-22ia
7*25
725
730
7-17i«
7-22ia
for pork has been limited to jobbing lots, and
prices have weakened, closing at $12 75@18 25 for mess,
$14 50@16 25 for short clear and $15 50@18 25 for family. The
demand for cut meats has been quiet, but spat supplies have
been limited and prices have held steady at 7@73^c. for
pickled shoulders, lC(aini^c. for pickled hams and 9J^@103^c.
for pickled bellies, 14@10 lbs. averagft. Beef has been in good
demand, and prices close firm at $8 50@9 00 for mess, $10 for
packet, $11 for family and $14 50@16 for extra lodia mess in
tos. Tallow has been a shade easier, closing at 4^c. Steariaes
have had a moderate sale, closing at 8^@9c. for lard stearine
and 83^@8%o. for oleo stearine. Cotton-seed oil has been
more freely olfered and prices have weakened, closing at 28c.
for prime yellow. Offerings of attractive grades of butter
have been limited and the market closed firm at 18@203^c.
for creamery. Receipts of cheese have been larger than expected and prices have weakened, closing at 7^@10i^o. for
State factory, full cream." Fresh eggs have been In lignt supply for choice grades, closing firm at 23@23>^c. for best
Western.
Brazil grades of coffee have been easier. The trade demand
has continued to drag, and with the large existing stocks
there has been some pressure to sell, at weakening prices,
closing at SJ^c. nominal for Rio No. 7 and 85^c. for Santos
No. 4. West India growths have sold slowly and prices have
weakened to 9^c. for good Cucuta and ll)^c. for good average B:)gota. East India growths have been quiet but steady.
Speculation in the market for contracts has been spiritless
and prices have weakened under liquidation by tired holders.
The close was flat.
The following are the closing asked
6-400.
6'49o.
I
centrifugals, 96-deg. test,
3,288
5,832
2,316
4,143
Norfolk
4,103
5,257 10.880
6,740
and 3%o.
for muscovado, 89 deg.
test.
Refined sugar has been quiet at 4*95c. for granulated.
Cloves closed firm and higher. Rice has been in fair demand.
Kentucky tobacco has been firmly held in the local market
and advices from the primary market report business as
fairly brisk. S-'ed leaf tobacco has been in fair demand, and
the moderate offerings have been taken at a firm basis of
values. Sales include several hundred cases of Connecticut
broad leaf. Sumatra tobacco has been in fair demand at
firm prices. Havana tobacco has been sparingly offered and
--•
N'p'tNew8,*c.
......
New
......
York.
884
884
90,019
106
106
8
16
241
8
Phlladelp'a, Ao
Tot
Total.
\
8,724 18,017
4,988
8,062 2,606
16
2,645 4,085
5
8,688 4,159
5
4,938
12,511
16
81,759
5
34,877
241
100
50
150
week. 60,364 68,9721 83,873 58.410 41.672 71,539 384,830
this
The following shows the week's total receipts, the total since
1, 19C4, and the stocks to-night, compared with last year.
Septc
1903.
1904.
Beceipit to
Oct.
14
ThU
Since Sep.
1, 1901.
week.
aalveston... 112,072
Pt At., Ac.
1,596
672,294
New Orleans
287,632
67,237
7,424
473,694
28,934
84,346
18
103,145
MobUe
P'saoolo, Ac.
6,865
93.387
12,856
884
Savannah...
Br'wlck, *o.
90,016
4,938
Charleston.. 12,611
18
P. Royal, &o.
Wilmington. 21,789
Wash'n, &o.
5
Norfolk
34,277
N'portN.,&c
106
60
134,080
656
ThU
week.
98,143
871
68,740
11,907
4,005
69,596
2.819
12,539
318
21,416
48
21.120
368
New York...
Boston
Baltimore. .
Phlladel,<bo.
Totals
Stock.
Since Sep.
1, 1903.
1904.
1903
141,763
88,918
154,20j
29,119
97,031
19,105
300,838
13,944
61,011
468
109,187
128
95,974
1,036
116,471
3,948
21,175
70,429
5,281
9,963
28,456
26,731
24,200
16,162
1,791
1,103
56.674
413,050
3,943
201,376
42,736
7,665
1,281
8,091
104,167
11.000
1,532
809
384,830 1,857,252 302,997 1,256,349
675,022
449,223
466
16
241
150
1,025
436
607
63
542
960
958
628
In order that a comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Receipts
at—
Qalves'n, Ae.
1903.
1904.
1902.
311,221 861,949 374,233
264,054
384.830
Wllm'ton Ao
Norfolk
Tot. this
1899.
802,997
wk.
MobUe
Savannah...
1
7,936
N. News, Ao.
Ail others...
Orleans
1900.
89,085
73,184
8,245
33,364
11.500
11.104
17,213
99,014
68,740
11,907
69,596
12,852
21,464
21,120
New
1901.
90,924
105,618 105.697
94,412 132,219
72,880
9,7o3
11,521
8,909
62,821
67,226
60,742
17,926
19,495
8,916
25,388
18,813
19.169
30,543
23,818
26,028
162
1.948
1,163
15,529
10,528
23,370
113,668
93,387
12,856
90,016
12,527
21,764
34.277
106
6,229
Ohaa'ton, Ao.
prices:
Jan
6-65c.iJun6
7*lKo.
March
6-85o. July
7-20e.
Deo
6600. May. ........
7-05e. Sept
7-35c.
Raw sugars have been dull, Refiners have been indifferent buyers and offerings have been small, closing at i}4c. for
Oot...~-«
Nov
Wilmington
Wa«h'ton,&o.
Boston
Baltimore
Iri.
1
20,829 25,893 17,103 12,828 17,564 112,072
1,596
1,596
15.267 21,405 16.843 10,422 15,i29 93.897
2,837 1,864 1,878
1,300
1,785 is,8se
Pt. Royal, Ac.
favorable for a favorable business season.
The demand for lard on the spot has been limited, and with
some pressure on the market prices have shown an easier
tendency. The close was quiet at 7* 70c. for prime Western
and 7*50c. for prime City. The demand for refined lard has
been quiet and prices have been easier, closing at 7*90c. for
refined for the Continent. Speculation in lard for future
delivery has been moderately active. Prices have declined
under fellicg by packers. To-day there was a quiet and
slightly easier market.
OAILT aiiCania fbiobs or la.bd vutubii im chioa.oo.
Thur*.
Sat.
Mon.
futt.
Wed.
tri.
7-27i«
7-22i«
7-51^ 7-60
Oot. del'y
7-27»fl
„„,,
14, 1904.
Thk Movement of the Chop
368
896
19,963
Since Sept. 1 1857,252 1266,349 1638,366 1230,376 1601,238 1546,382
The exports for the week ending this evening reach a total
of 254,839 bales, of which 120,697 ware to Qreat Britain, 84,644
to France and 99,493 to the rest of the Continent, Below
are the exports for the week and since Sept. 1. 1904.
Wuk Ending Oct.
14. 1904.
—
From
Sept.
from—
Oreat
I
^
I
1,
1904,
U
Oct. 14, 1004
Sxported to—
Eifvorted to
Sxport$
Oonti-
Oreat
lottU
trance
Week. Britain.
16,843
03,326
Continent.
Total
firm.
29,845. 16,038
Business in the market for Straits tin hasjbeen limited, but
valuer have held steady and the close was slightly higher at
28'40@28'60c. Ingot copper has been less active and a shade
easier, closing at 18@133^o. for Lake and 12^@13>^c. for
electrolytic.
Lead has been in moderate demand and firm
at 4*25@4'80c. Spelter has been steady, closing at 5'15@5'20c.
Pig iron has been in fairly active demand and firm, closing
at $14 25@14 50 for No. 3 Northern and $13 75 for No. 2
Southern.
Refined petroleum for export has been firm, closing at
7'95c. in bbls,, 10 65o. in oases and 5-05c. in bulk.
Naphtha
has been steady at llj^c. for 71 degrees and 12c. for 76 de
grees. Credit balances have been firm, closing at l'56c.
Spirits turpentine has sold slowly and prices have weakened
to 55@56i^c. Rosins have been firmly held, closing at $2 85
@2 90 for common and good strained. Wool has been in
better demand and firm. Hops have had an active sale at
i:(alTeBton
advancing
Total. 1903.... 128.490
prices.
888.166
85,811
PtArthnr, *c.
New
Orleani..
BniDiwIok
—
488,800
4.684
146.960
16,700
4,684
S0.330
8.641
ll.«64
84.828
Mobile
Peniaoola.&c.
Sarannah.....
106.602
88,650
lO.OSO
17.417
6,6;
6,687
89.683
9.700
87,971
e.337
77,664
70.693
6,3b7
17,679
89,398
21.168
69
0,690
isi.soe
848.049
17,670
Cbarltttton...
9,800
0,900
35.168
78.187
Port Royal....
WllmlntrtoD...
Norfolk.
N'port N.. Ac.
New York
8,662
21.e9&
86,357
39,367
3,668
2.8C0
8,800
8.400
0,419
20,849
93 699
Boaton
6.e05
6.506
82.1a7
47,006
760
3altlmore....
e,eoo
7.800
13,809
5.8«6
PhUadelphla..
iaa Fran., Ao..
2,820
8.320
9,923
Total
381
3^8
14.(47
6,802
1,800
4.733
180,697. 84.644
4.733
34,987
19.709
0.088
0,088
9,943
99 498 251.839
677,064 183,191
416.«77
97a.'48
313.8991100 04n
3i7.88«
ll.fl'S 137,fl5H
8,40)
146.183
1,
880,888
7H1.8«0
.
.
.
Oct.
«
e
11
ON SHIPBOAKD, NOT CLBARBD FOB —
14 at—
&erOther CoastGreat
Britain Fr'nee tnany. For'gn wise.
Kew Orleans.
Galyeaton.. ..
Bayannah..
..
9,668 19,776 2,843 16,123
42,184 12,587 22,71H 2,807
16,000 11.000
Obarleston...
Mobile
Norfolk
Kew
York....
Otber ports
.
Total 1904..
Total 1903Total 1902..
3,700
3,206
s'obo
6,000
s,oo6
5,000
"706
49,661
1,261
104.547
61,468
86.471
1ft 675
20,819
10,900
8 ',294
30,000
2,500
3,006
2,600
1,400
12,600
8 300
13 300
8,000
13,000
2,000
2,000
PoTUBEP.—Highest, lowest and
18 413
0-14 off
0-38 off
72
off
off
Middling Tinged
Strict Good Ord. Tinged
Middling Stained
Gtood Ordinary. ........ .,„....
Low
Middling
Middling
Good Middling
aOddllng Fair
9 45
9-55
GDLF.
Sat.
970
980
11-66
STAINED.
Low Middling
Middling
_
Strict Low BClddUng
Tinged...
11-76
1176
050
off
off
off
off
off
Frl.
9-55
940
9-35
Th.
Frl.
11-76
Sat.
mon Tnea
8-96
9-95
905
1006 1005 1005
9 06
9-C6
1011
10-21 10-21
10-45 10-66 10-65
UTed
)l-61 11-56
Til.
Frl.
8-90
9-90
10 21 10 06
1001
8 85
985
1055 1040 1035
The quotations for middling upland at New York on
Oct. 14 for each of the past S2 years have been as follows.
Good Middling Tinged
1904....C.10-36
970
1803
1902
8-80
1896. ...0. 7iKie
1895
1894
1893
1892
1891
1890
1889
9'»i6
fii,e
1888
1887
1886
1885
1884
1883
...0.
911161 1880....C.11>4
10»«
»»*
1979
9B16
1<»»4
1878
117,8
1877
lO's
1876
10
14
1899
lOllia' 1875
15»8
1898
1874
^^
ll»«
1882,
17»9
638
1897
1881
1873
Il»i8
NOTK.—On Oct 1, 1874, grades of ooiion as qnotert were changed.
According to the new clasHlflcatlon Middling was on that day quoted
>BC. lower than Middling of the old claHslllcatlon.
1901.
1900.
b»,«
107,
7>4
8ti6
8
8>«
1038
10»a
MARKET AND
Spot Market
Olosbd.
913,6'
1
I
I
SALES.
Fdtdrks
Market
Clobbd.
Batorday
yalet. -steady
Monday.... Qnlet.lOpta.ad. 8(«ady
Taeaday
Quiet
steady
Sales of Spot
& Contract.
Ex-
Oon-
Con-
port.
tump.
tract.
Total.
.
. .
Wednesday Quiet
"50
M«hay
io6
2,700
2.806
30.-5
600
400
955
628
2,400
1,700
2,400
1,700
7.800
8.889
128
Thursday.. -.intnt. 15ptS. dc Easy
Friday ..... St'dy, 6 pts. dec. B'rly steady.
Total
60
689
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264.045
371 429
1032 10-42 1042
1070 1080 10 80 1080 1065 10 60
lll4 1 1-24 11-24 ii-24 11-09 11-04
Middling'.
Middling
GtooA Middling
Middling Pair"
I
I
9-60
9-80
9 65
10-42 10-27 10 22
9 80
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1046 10 65 10R5 10-55 1040
10-89 lu-99 lu99 10-99 1U84 iu 79
11 41 11-61 11-51 11-51 1136 11-31
Good Ordinary
Low
moil Tnes
I
I
—
Sat.
1
I
369,967
1-00
ary,
Good Ordinary
Strict Low Mid. Stained... 1 06
1-50
Strict Good Mid. Tinged.. 0-30 on Low Middling Stained
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.
UPLANDS.
1
d
Low
New
closing prices at
ii^n-ii
48674
.
Good Ordinary
1653
00
Speculation in cotton for future delivery has continued
moderately active. Early in the week the tendency of prices
was towards a higher basis. Prominent operators in the local
market became fairly free buyers and their purchases advanced prices. The advices received from the South stated
that at below 10c per pound planters were disposed to hold
their cotton. These reports had a tendency to brine some of
the recent short sellers Into the market as buyers to cover
their contracts, as it was expected that the holdings of cotton
would result in a smaller movement of the crop. Trade reports from Manchester and the Continent also were of an
encouraging character and had their iuflaence in favor of
the market. Weather conditions in the South continued
favorable for the crop, and during the latter part of the week
the Southern spot markets turned easier. At the first decline a fair volume of business was transacted in cotton, but
To day there
at the close the demand was reported halting.
was a firmer market during the early trading,on buying by a
scattered short Interest to cover contracts, Induced by better
English advices than expected. During the afternoon, howBear interests were
ever, there deveiooed a weaker tone.
more aggreesive, and it was stated that the South was offering
cotton more freely at easier prices. The amount of cotton in
sight for the week also was slightly in excess of expectations
and was a factor against the market. The close was barely
steady, with prices net 2 points lower to 1 point higher for
the day. Cotton on the spot has been unsettled, closing
lower at 10'85s. for middling uplands.
The rates on and off middling, as established Nov. 18, 1903,
by the Revision Committee, at which grades other than
middling may be delivered on contract, are as follows.
Fair
0. 1-30 on
Good Middling Tinged .0. Even
Middling Fair
096 on Strict MlddllDg Tinged.... 006 oflf
0-62 on Middling Tinged.
Strict Good Middling
012 off
0*44 on Strict Low Mid. Tinged ...
Good Middling
34 off
Strict
'
I
stoele.
52.193 44,205 42.997 26,118 19,665 185,178
63.525 38,828 30,992 34.800 16,693 184.738
Low Middling
Low Middling
'
Leaving
Total.
64,542 32,363 52,759 34,630 20[76l 205,055
Strict
.'
1
THE CHRONICLE.
15, 1904.]
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named. We add similar figures for
New York, which are prepared for our special use by
Messrs. Lambert & Barrows, Produce Exchange Building.
Oct.
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CO©
,
CD
'op
a
19
t-t
'
M
to-night, as made up by
cable and telegraph, is as follows. Foreign stocks, as well
as the afl»at, are this week's returns, and consequently all
foreign 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.
1904.
1903.
1902.
1901.
.bale*. 150,000
Stock at Lii^Mrpooi
119.000 234.000
138,000
r.nmlnTi
,,.-,-^-.
Stock at
20,000
17,000
16,000
7,000
Stock at Manchester.
.^«.
9.000
12.431
Total Qreat Britain stock.' 176,000 151,461 260,000
145,000
Stock at Hamburg. ^.....^..^
14 000
33000
33 000
18,000
Stook at Bremen ..... ..„ ....^
65.000
76,000
71,000
42,000
at
Stock
Antwerp ...^.« ....«,
4 000
4 000
4000
2,000
stock at Havre.... .... ..... ....
49.000
26,000
44.000
53,000
Stock at MarBelilee.....
3000
8.000
3,000
2.000
.c
stock at Barcelona.............
6,000
7,000
21,000
16,000
Stock at Glenoa....
6000
12,000
10.000
5,000
Stook at Trieste.. ....„ „
7.000
9 000
9,000
10,200
Total Continental stooks.. 188.000
163,000 186,000
139,200
"
Total European etocks
364 000 304 481 436.000 284.200
India cotton •auatlor Jiurope
21.000
15,000
9000
37.000
Amer. cotton »flo9it for E'rope. 777.000 543.000 590.000 520.000
EKypt, BrazU,<he., «flt.for E'pe
43.000
40,000
45,000
29.000
Stock In Alexandria, Kgj'pt...
49.000
66.000
81.000
72.000
Stock In Bombay, Indian........ 225,000 222.000 200.000 200,000
Stock In United dtates ports.. 675 022
449.223 566.167 554.272
Stock in U. 8. Interior towns.. 32vi,075 174.421
380.110 397,478
United States exports to-day.
43.7f>8
32.499
27,209
39 384
Total visible supply
..2.435.48 L 1,851,883 2,324.776 2,119,159
01 the above, totals of American and other deBorlpt 1 one are as follows:
,
Amtruan—
Liverpool stoek
balee.
Manchester stock... ...^
107.000
6.000
Jontlnental stooks........
104.000
...
American afloat for Burope... 777.000
Jnlted States s'jock
575,022
......
doited Stateslnterlor stooki. 329.075
44,000
10.260
80.000
543.000
449,2ii3
174421
180,000
83,000
145.000
93.000
590.000 520,000
656.167 5.'>4,372
380.110 397,478
32,499
27.209
1,833,776 1,674,969
inlted states export! to-day
43.758
39 384
Toial American
1,987,481 1,344,662
Mait Indian, BratH, <le.—
55.000
64.000
ulverpool stock...............
76,000
43,000
7,000
16,000
Lon4oa stook
20,000
17,000
2,201
Manchester stock
3,000
'48,266
'iV.boo
73.000
yuaiiuenEal snooks.... .........
84.000
15.000
81.000
india afloat for Europe
37,000
9.000
40.000
43.000
29.000
46.000
Kypl.Braail, Ac, afloat
81,000
66.000
49.000
itock in Alexandria, Egypt..
72.000
iteck In Bombay, India.......
226,000 222,000 200.000 200,000
441,000 444,200
Total East India. *e
498 000 607.201
___
Total American.. .....
1,937. 48J. 1,314 ,662 l,8'^3,77tf^ 1,674.959
Total Visible supply
274T\4liT I,851,»i63 2,324l776 2,119.169
42Bj2l.
4-72d.
Clddling Upland, Liverpool..
6 94d.
5-60d.
9-900.
8-70C.
8<ae.
ClddUng Upland. t?ew York.
1
35e.
8i«d.
738d.
6Sied.
Cgypt Good Brown, Liverpool
8i|o'i.
7d.
e-90d.
:>•»?. Bough Good, Llverpooi! liood.
9 00d.
4"53d.
6' lol
67„d.
iroach Fine, Liverpool
4«isd.
61 „d.
"Inr^Teiiy Ooort. Lfverpoo...
48».-,ad.
6''i«d
ISr Continental Imports past week have been 100,000 bales.
The above figures for 1904 show sn in^irease over last week
nf 272 015 bales, a gain o< 583,618 bales over 1903, an increase of
110,706 bales over 1902 and a gain of 810,322 bales over 1901.
f
"
At the Interior Towns
week and
movement— that
the
since Sept.
1b the
the shipments for the
1,
.
CHRONICLE.
rJlE
i(>r>4
receipts for the
-..
.
week and tue stocks to-night, and the same items for the
corresponding period of 1903 is set out in detail below.
—
[Vol. Lxxix
Quotations poh Middung Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
OLOBIHO QUOTATIOM8 FOB MIDDLOIO OOTTOH
WMk
endingl
October 14. gafday.
I
g o =
S 31 a
Oalveston.
New Orleans
Mobile
-Savannah...
CbarleHton
. .
gi
c
•
,gn«!
-
o S"?
^»
•
»
2.
<
o
«<)
pooag
z
^|5
y
oo
55
u
QD It
fe
^
Z.
c
2•
K)
^
a
V
K
^
tB
r
Norfolk
BoHton
ao
;
;
:
;
;
,
:
I
to
I
o'^ Kja.©*.-' toloOO
Louis
j
'<lTl^'^l'cs'to1-''lo'i-M
a
M
MIO
CO
tO«OOIM
OS
i^
-»
wtoo>p'C3couoa)aoc;it5;o>-'©wco(x>wi(^-.i
«S
Jf
©M
M O
OCTOB'
Range
M
-
>f^
to
MMM
MM
tO *k
^^JS.mW^/JMW^^^.-J^
to
to
I*-
MMiatOWMMtoa
to
Oct. 11.
Oct. 12.
9'98--09
9-89-00 9-77-'88
1002-04
MM
i"
r'i"?' PP^^f*
®
wS
October 14.
2-
^
Sept. 1.
Week.
Since
Sept. 1.
Shipped—
Via St. Louis
Via Cairo
Via Rook Island
Via Louisville
Via CiDoinnatl
Via other routes, &o.
6,935
6,179
18,023
11,970
3,286
3,184
7,696
6,712
762
750
857
932
Total ^088 overland
Deduct shipments —
Overland to N. Y., Boston, &o.,
Between interior towns...
Inland, &o., from South
Total to be deducted
Leaving total net overland".
.iO
5,798
3,644
2,340
14,150
1.057
2,103
1,449
2,546
8,693
20,701
50,877
10,392
27,136
407
1,917
1,112
5,003
68
197
698
4,032
128
93'
6,515
1,173
6,146
2,170
11,785
19,528
44,731
8,222
15,351
267
movement by rail to Canada.
this year has been 19,528 bales, against 8,223 bales for the
week in 1903, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of
1904.
Takings.
Week.
a9,3Si)
bales
1908.
In Sight and Spinner
Since
Sept. 1.
Week.
Since
Sept. 1.
Receipts at ports to Oot. 14
384,830 1,857,252 302,997 1,256,349
Net overland to Oct. 14.
19,528
44,731
8,222
15,351
Southern consumption Oct. 14... 41,000 233,000 41,000 243,000
Total marketed
Interior stocks in excess
..
....
445,358 2,134,983 353,219 1,514.700
63,915 266,915 38,630 162,819
eight during week. 509,273
Total in sight Oot. 14
390,749
2,40i',798
North, spinners' tak'gs to Oot. 14.
43,264
210.807
1,677,519
38,243
206,134
into sight in previous years.
Bale*.
20
9-71--87
9-76--77
9-75--77
9-93--94
9-9a--93
I
I
.
10-41--50 10-47--57 10-48-62 10-40-51 10-25--34 10-19--30
10 57--58 10-51--53 10 38--39 10-25--28 10-24--25
Firm.
Steady.
!
Firm.
Steady.
I
1
Steady.
Steady
458,314
492,812
606,162
405,222
Since Sept.
1902~Oot
1?01— Oct
1800— Oot
1899-Oot
1—
17
18
19
20
1
Easier.
Steady.
I
Steady.
Steady.
{
Quiet
Steady.
telegraphic ad-
from the South this evening denote that with favorable
weather conditions daring the week the picking of cotton has
made excellent progress. Marketing continues free, but
some correspondents report that planters are nnwilling to
present prices.
Oalveaton, Texas.— It has rained to an inappreciable extent
on two days during the week. The thermometer has averaged 78, ranging from 68 to 88.
Abilene, Texas.
have had rain on one day daring the
week, the rainfall reaching forty-eight hundredths of an
inch. The thermometer has ranged from 60 to 88, aversell at
rain on two days during
the week, the rainfall being thirty-one hundredths of an icch.
Average thermometer 74, highest 92 and lowest 56.
Corpus Christi, Texas.— It has rained on one day of the
week, the rainfall reaching one hundredth of an inch.
The thermometer has averaged 79, the highest being 88 and
the lowest 70.
Cuero, Texas. There has been rain on two days of the
week, the rainfall being eighteen hundredths of an inch.
The thermometer has averaged 76, ranging from 60 to 92.
Dallas, Texas.— We have had no rain during the week.
The thermometer has ranged from 50 to 95, averaging 73.
Henrietta, Texas, There has been no rain during the week.
Average thermometer 70, highest 90, lowest 49.
Huntsville, Texas, There has been no rain the past week.
The thermometer has averaged 75, the highest being 98 and
the lowest 51.
Kerrville, Texas,— Dcj all the week.
The thermometer
has averaged 70, ranging from 50 to 89.
Lampasas, Texas.—
have had no rain daring the week.
The thermometer has ranged from 50 to 92, averaging 71.
Longview, Texas.— We have had rain on one day during
the week, the rtiinfall being one hundredth of an inoh.
Average thermometer 73, highest 91, lowest 54.
Palestine, Texas.
have had showers on one day
of the week, the precipitation reaching two hundredths of
an Inch. The thermometer has averaged 73, the highest being 92 and the lowest 54.
Paris, Texas.— It has rained on two days during the week,
The therto the extent of nine hundredths of an Inch.
mometer has averaged 73, ranging from 63 to 93.
San Antonio, Teajo*.— ThertThas been rain on one day daring the week, the rainfall being six handredths of an inch.
The thermometer has ranged from 60 to 92, averaging 76.
Weatherford, Texas. We have ha4 no rain during the
week. Average thermometer 74, highest 93 and lowest 58.
New Orleans, Louisiana.— It, has rained on one day of the
week, the rainfall reaching twenty-three handredths of an
inoh. The thermometer has averaged 77.
Columbus, Mississippi. We have had rain on one day during the week, the rainfall reaching eighteen hundredths of
an inch. The thermometer has ranged from 48 to 78, aver-
—
—
—
We
The foregoing shows that the week's net overland movement
17
18
19
Oct. 14.
vices
1903.
Since
WeeTc.
Week—
- Oct
1901-Oct
1900- Oct
1 899- Oct
9-88--90
Weather Reports by Telegraph.— Our
OOj
i'^y^i^P^S-yyi^P'f'^
1904.
1902
1
t
Overland Movement for the Week and Since Sept. 1.—
— We
give below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
The results for the week ending aging 74.
reports Friday night.
Oct. 14 and since Sept. 1 in the last two years are as follows.
Brenham, Texas,— S^e have had
Movement
Oct. 13.
10-27- 37 10-35--47 10-35--49 10-25--40 10-11--27 1003--22
Closing.. ilO-30--31 10-43--44 10-38--39 10-25--26 10-11--12 1010--11
Spot...
Optlons.
•-'MMC;iCOWi-'b3to«i»5
We
Came into
I
Range
Range
The above totals show that the interior stocks have increased during the week 63,915 bales, and are to-night 174,654
bales more than same period last year. The receipts at all the
towns have been 88,S37 bales more than same week last year.
Including
9B8
913,8
Closing.. 10-44--45
M<^oc©'wMw'*>^^"^ct^WO'^WO<o'x'^^c;^ oD^lbttooiOD^V^lCWO*! Lsi
05C;'lf>-OI©MM05(Ol^tOC50<SOMtrOMb505MOO?D^tOW»aW'<!M^-05«'jr$^
OOCXWMtoCOOS — ©lf^05*'05tOM«©»©OOl»©C|f>.-gOlMlf>-OOM«)»P'»
*
10
913i,
;oNE—
M©wi->c3aM©05i^ir^CKCOo:viif>w^(oi^ts<c«totocx©wx©|
'^^ ©
103l8
lOifl
9-'8
10
Mat—
r-'<i":r<i''ro'c5'h(^
^«0' |t».:j.|-'-5<IOrfi|^lO«1MaC;itO>-'r-'ODI-'if^«J("^COXCD»05©»5II^QD
M»J| 05050D0^^3K)-4XXC;*>50^001C«Olfk|f>.0^^^^»^:;'0^lO»Jl-'le.lf»|
i^oo.
10
Closing.. I10-10--11 10-23--24 10-19--20 10 07--08
Sj"*'
OC;^yl©^©©l-'•^^aooo^©^^AXlJ^t!^co^alf»^OKll^^lf^lt>l>30^xoJaoooo
MO-
10i«
IOI4
.
V©
tOh-WMMM
CO
10-12
10-60
f-'e
Dbc'bee—
9-97-08 10-05 •18 10-08--21 9-f>7- 12 983- 00 9-78--93
Range
Closing. 1000-01 10-13 -14 1010-11 9-97- •98 9-84- -65 9-83--84
Jan' ART
10-07--18 1015--28 10-15--30 10-06--22 9-03--10 9-87--03
Range
M
oVwo'-Jcii'to M co'cy
05I0 ui'toos'-aaD'bi'ip.oo -i<iVi
©V
tOK)WCO©OifiOKllf>.bO-J3a(P-l^.©CO©lf'«OXM»-qKlh-OlcOOl05C005Xi
<i
9'87--96 9-.q5--07
9-90--91 10-03--04
.
March—
M|(^
1040
10-65
—
Closing..
.
oo^o^-^ol-•-J©^-05*»•<I^^«^locor-'»^C3Ma5MOwaKlOW<^aI•-^^-'w«^
co,-Mjooiifk^o5*k*'to<JKi«ao«e«ja5pp
Oct. 10.
Oct. 8.
5*
_n
T*
*
i'^i^ i^^^y'PS^i^}^^ i''?'i^p?'?^i''i^^Pir'f
t0500 *^ 05
CO Vj ili
Cn'Jfi-'— H-ll^l^
ex
"^ to C^«
<1
OOsTp- CO
05
a5a50t3tOcoa5l->OOtt>|^aBI-'lt^C005tO>— tOr->Mj^(X>toOOW©iO'CO©i^M©
M -
10.55
1025
10-80
10
Monday, Tuesday, Wed'day, Thursd'y Friday,
Sat'day,
'
«© J-IO^.-MMCOWXJOJtCI
to
10
. .
«?>.
Qoao^©03aiwtOMOs<iai
19
cow
913,8
9»16
9«B
10
New Orleans Option Market. The highest, lowest and
closing quotations for leading options in tne New Orleans
cotton market the past week have been as follows.
^,g
I
©W<C(l^ao-JO'«3©©«WO>OOlO-OK><»b3a«' 'Ci-'OlWi^l-'MOOSOWWi
QO*«-aD«ODODtO<lai«300CeuiMC5«500aBXO;
99i,
103,8
10-5S
10-25
—
MK>
MCI-'
10
I
9H
913,8
I
M«0K>O05H'|0H'pj^<e
U<
10%
10
.
cpwcooto io.Vi oiV to'to w o h-'ucoo ^Vs® 'cc'ceoo'co'^-oiooiou>'oco
«D3 rfiV«j;j'Ococ>t"-"j05a>p(^'o"-©ffii(^c<;«OM.x'0*-coinioi/-tcwQD—
Wl-' j<M©«qO«JW500»«'K101|^©lf».M01M05<lU<W!0h-^-U't0OK)X®
03;
lOifl
101,8
lO^ie
9 '8
9'8
closing quotations to-day (Friday) at other important
Southern markets were as follows.
lOifl
Atlanta.
Natchez
9i»i8 Louisville
9\
Columbus, Oa.
Montgomery
9 Ss
Raleigh
913
90b
Columbus, MieS 9^2
Nashville
10
Shreveport
8i»ie
t000lO<l^W0D^<l©WWtOW©t0l-'©C0O3Oi«K)a5-4(^W®Oi*-il-ts<5i3
©c;>Wi-'-4;K©>4t0tF-t3O0i^OOI-'W;COOa0CD©^(»>4t300r-'<euM
^
io4
10 55
10-25
10-80
lOie
103,8
10»4
916,8
10
The
(Oiu^cov<<o©'z>«coa>w
Oi-iji.ruiMK)(->O»(0OX00P-'N3®lfca<Xlt0C0N<laDI-'Ci^aDtf^<lMO
OJ^^Mlf'.M
10-45
10-25
10 80
©'(CO II
C;i||».tfii-H005t0^il^»jas«J*'OH-'W«5>-'ODOiWK)Ol*iOiOW:«OOODf-i-'«>
>1i(^(;;ico(»if^©aot3if^(Ou<t3aocoi^(OCoaot30iui)->(»©'-ui>-'0)05toa>4
Ul^^'MCO
i6'»i"
10i«
Little Rook..
00 (-"Ol '»;•'>-• 10 ^'h- O'-J to
9\
io^"
'
10
916,8
lOifl
10
9 6,8
916,8
913,8
10
10-45
10
lO^e
10
»«^
1
Houston
>-•
t^
10>«
10«u
9''8
9'8
I
Memphis
;
:
:
lOie
101*
»'9
I
Baltimore...; 10-25
Pblladelph'a 10-70
AuKUBta.....
91 = 16
St.
00
CO
Monday. Tuesday. Wed'day.'TKursd'y FHiay.
10
10
1
Wllmlni^ton.
•z
^
\
»>
o
cop
OH—
'
Bales.
2,321,487
1,810,340
2,239,980
2,271,996
— We
—
—
aging
68.
-
Oct.
:
THE CHRONICLE
15, 1904.]
Vicksburg, ilfississippi.— There has been rain on one day
the past week, the rainfall being six hundredths of an inch.
The thermometer has averaged 72, the highest being 88 and
the lowest 51.
Little Rock, Arkanaas.—Vickixxg is making good headway.
There has been but a trace of rain during the week. The
thermometer has ranged from 54 to 86, averaging 70.
Helena, Arkansas.— Coitovi is improving. Much is opening well, and picking depends upon frost. We have had rain
on one day during the week, to the extent of twentythree hundredths of an inch. Average thermometer 88'2,
highest 86, lowest 51.
Nashville, Tennessee,— Weather ideal. Picking rushed and
marketing general. There has been rain on two days of
the week, the rainfall being seventeen hundredths of an inch.
The thermometer has averaged 70, ranging from 51 to 88.
Memphis, Tennessee.— Ideal picking weather. Cotton is
have had no
opening faet and being rapidly gathered.
rain during the week. The thermometer has averaged 69 1,
the highest being 85 and the lowest 48 8.
Mobile, Alabama.— Picking is making rapid progress. It
has rained on one day of the week, the precipitation reaching fifteen hundredths of an inch. The thermometer has
We
1655
Alexandria Receipts and Shipments of Cotton.—
Through arrangements we made with Messrs. Choremi,
Benachi & Co., of Alexandria, we now receive a weekly
cable of the movements of cotton at Alexandria, Egypt.
The following are the receipts and shipments for the past
week and for the corresponding week of the previous
two years.
Alexandria, Egypt,
1904.
October 12.
1903.
1902.
Receipts (cantars*)-
This week
Since Sept. 1
Ii50,000
......
225,000
707,994
553,215
This
Since
week. Sept. 1.
Exports (bales)—
This
Since
week. Sept. 1.
7,250 16,808
To Liverpool
4,250 10,908
To Manchester
Continent
To
6,750 25.930
300
3,334
To America..-....--.
Total exports
*
18,550
300,451
948,138
This
Since
week. Sept, 1.
4,750
4,760
8,750
20,744
8,000
4,113
26,0.36
200
1,300
4,784
1,438
24.010
8,399
25,133
4,289
56,079 10,315
61,831
56,980 18,450
A oantar Is 98 lbs.
This statement shows that the receipts for the week ending
and the foreign shipments
Oct. 12 were 180,000 cantars
18,550 bales.
ranged from 61 to 85, averaging 75.
Montgomery, Alabama,— Weather perfect for harvesting
Manchester Market.— Our report received by cable
crops, and with continuance of favorable conditions picking to-night from Manchester states that the market is firm for
will be nearly completed by the middle of next month. yarns and steady for shirtings. The demand for both India
Yield larger than anticipated. We have had no rain during and China is
g od. We give the prices for to-day below
the week. Average thermometer 73, highest 89, lowest 56. and leave those for previous weeks of this and last year for
Selma, Alabama,— Fic^iag is progressing very rapidly; comparison.
some fields are bare. There has been no rain the past week.
1904.
1903.
The thermometer has averaged 80, the highest being 95 and
the lowest 65.
Madison, Florida.— li has been dry all the week. The
thermometer has averaged 72, ranging from 55 to 90.
Augusta, Oeorgia.—We have had no rain during the week.
The thermometer has ranged from 53 to 89, averaging 70.
Savannah, Georgia.— It has been dry all the week. Average thermometer 70, highest 87 and lowest 57.
Charlenton, 8<mth Carolina.— There has been no rain during the week. The thermometer has averaged 70, ranging
from 58 to 82.
Stateburg, South Carolina.— R&in ia greatly needed. Cotton picking is slackening and will probably be completed by
the end of October. There has been no rain during the week.
The thermometer has ranged from 47 to 88, averaging 69.
Greenwood, South OaroWna.— Farmers are not marketing
cotton at present prices. There has been no rain during the
week. Average thermometer 67, highest 79, lowest 56.
Charlotte, North Carolina —Weather ideal. R^in has fallen on one day of the week, tha precipitation being one hundredth of an Inch. The thermometer has averaged 65, the
highest being 86 and the lowest 48.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named, at
8 A. M. Oct. 14, 1904,
and Oct.
16, 1903.
Oct. 14, '04.
New Orleans
Memphis
Nashville
Shreveport...
Vlckaburg
Above eero of
.....Above zero of
Above zero of
Above zero of
Above zero of
Oct. 16, '03.
Feet.
Feet.
4-9
4-4
13-2
gauge.
gauge.
gauge.
gauge.
gauge.
90
1904.
Receipts
at—
Week.
Bombay.
Week.
Sept. 1.
6,000
42,000
3,000
For the Week.
1
1902.
190S.
Since
Since
Sept. 1.
34,000
Since
Week.
Sept. 1.
17,000
1,000
Since September
Great
Britain.
Continent.
Total.
Oreat
Britain,
1,000
4,000
1,000
4,000
2,000
1,000
Total,
1,000
20,000
11,000
1,000
22,000
15,000
2.000
4.000
4,000
2,000
4,000
4,000
Calcutta
1904
1903
1902
i
Madras—
1904
1903
1902
1,000
1,000
1,000
'
1,000
1,000
1,000
All others—
1904
1903
1902
Total
3,000
3,000
2,000
8,000
3,000
2,000
3.000
4.000
6,000
3,000
4,000
6,000
18,000
16,000
15,000
18.000
10,000
15,000
22.000
41,000
34.000
22.000
43,000
35.000
aU—
1904
1903
1902
Crop. — Messrp.
2,000
1.000
s.
d.
6
a9
5 11ifl®9
5 11Ja»9
3
3
3
3
S
611ifl®9
3
'^9
6
-^-g
d.
d.
6-76
8''8
682
'SS^ 5
8
9
'ai9fS8
5
9
5
5
5
6
Via-aiS
6-62
5-80
562
d.
8.
8% «938
8ii,6'a>9i4
5-50 8ii,e®9»4
Government Weekly Cotton Report.
d.
7
6
6
d,
d.
8.
-©8
412
®8
4ifl
-318
3
2
'a>8
Oifi
®8
— The
m
6-36
6-58
6-20
6-04
5-80
5-94
regular
weekly cotton report issued by the Climate and Crop Division of the United States Weather Bureau through the New
Orleans Weather Office for the week ended October 10 was
summarized as follows:
The weather for cotton picking throughout the week has been
Ideal.
Picking
is
well advanced generally, and
Is
nearly completed
and Texas.
Jute Etttts, BAoaiNO, &c.— The market for jute bagging
has been very quiet during the week at unchanged prices,
viz.: (>%c. for \% lbs. and ^y^Q. for 2 lbs., standard grade.
Jute butts continue dull at 1%®\%C. for paper quality and
2@23^c. for bagging quality.
in Florida, In portions of Oeorgia, Louisiana
—
SHiPPiNa News. As shown on a previous page, the
exports of cotton from the United States the past week have
reached 254,839 bales. The shipments in detail, as made up
from mail and telegraphio returns, are as follows:
Titian,
13,276
990 upland and 281
To Bremen, per steamers Brt^men, I.IOO
Frledrloh, 130.
To Antwerp, per steamer Zeeland, 25
To Genoa, uer steamers Princess Irene, 3.200
To Naples, per steamer Princess Irene, 747
To Venice, per steamer Qiulla, 200
New Orleans To Liverpool— Oct. il— Str. Logician, ll,7dO
Egyptian
Choremi, Benaohi & Co. of
Boston, and Alexandria, Evypt, write under date of Alexandria, September 24th, as follows:
The weather haa been very warm of late and favorable to the crop
which Is doing very well. Picking Is not yet general and the marketing li Billl baoRward.
1,271
1,280
25
3.200
747
200
Oct. l3-8teamer Barbadian, 4,844
16,574
To Belfast-Oct. 8 -Steamer Oarrlgan Head, 3,766
3,766
To Havre— Oct. 18 Steamer Crown of Granada, 2,400
2,400
To Bremen-Got. 7-8teamer Nordkap, 4,331
4,331
To Hamburg-Got. 11 Steamer Oalllsto. 434
434
To Barcelona Oct. 10 - Steajner Miguel M. FlniUos, 6,439. 6,439
To Mexico Oct. 7— Steamer Norhetm, 60
50
OALVB8TOM— To Liverpool— Oct. 7 Steamers Almerlan, 7,042;
Basil. 8,325. -..Oct.
10— 8teamer[Barrl8ter.
li,208
Steamer Wray Castle. 7,031
Oontir
nent.
Bombay—
1904
1903
1902
d.
6
To Belfast Got. 8— Steamer Ramore Head. 3.270
To Havre-Got. 8 Steamer Montauk, ll.t}17..-.Got. 10-
1.
Exports
from—
8.
Sea Island
Movement peom all Ports.—The receipts
Bombay and the shipments from all India ports
Sept.
d.
d.
93i6'a>9''8
" 18 93,e®9''8
" 23 9% ®913,8
" 30 8iBie'a95e
Oct. 7 8'8 ®9»8
" 14 8i58 'a>938
SHlbs. Shirt- Oott'n
32« Oop. ings, common Mid.
Twist.
to finest.
Vplds
9,499 upland and 101 Sea Island
India Cotton
from
Vplds
To Manchester, per steamer
14-9
of cotton at
for the week ending Oct. 18 and for the season
to Oct. 13 for three years have been as follows.
Sep. 9
OotVn
common Mid.
to finest.
Nbw Yobk—To Liverpool, per steamers Bovlo, 3,676... Oedric,
1-6
4-S
1-6
Twist.
Total bales.
51
11
8J4 lbs. Shirt-
32» Cop. ings,
18,638
To Hamburg-Got. 8— Steamer Easby Abbey, 650
Oct. 18
—Steamer Apollo, 1.682
To BotterrtHm Oct. 13 Steamer Corinthian, 100
To Antwerp— Got. 10 Steamer Wray Castle. 4,179
ToQenoa Oct. 12- Steamer Soperxa. 10,232
Savannah-To Liverpool -Got. 7— Steamer Greatham,
100
6,960
Steamers Bangor, 6,581; Hlllgrove,9,9b9
To Ilamburg Got. 8 Steamer Lord Curzon, 342
Oct. 10
—Steamer Ltndecfels, i77
To Reval— Got. S-Steamers 8t. Ardrews. !\00; Lord Curzon, '.^00
Oct. 14— Steamer HiilKrove, 3
To Qothenburg-Oot. 8— Steamer St. Andrews, 200
Oct. lO-Steamers Llndenfel", 30O; Loid Curzon. 26^
Got. l4-8teiimerHlllgrove, 238
Tost. Petersburg -Oct. 8 steamer 8t. Andrews. 100
Got. 14 Steamer Hlligrove, 103
To Antwerp-Got. 7— Steamer Marl*. 2.'i0
Got.
To Norrkoplng Oct. 10 - Steamer Llndenfels, 260
14— Steamer Hlligrove. 200
To Malmo-Oct. lO-Steamer Llndenfels. 100
To Riga— Got. 8 Steamer Hr. Andrews, 200
Got. 11 —
To Oporto- Oct. 10- Steamer Llndenfels, 300
Steamer Selma, 200
2,332
4,179
XQ.'iSi
Oct. ll~8teamer Selma. 11,143
To Manchester— Oct. 11— Steamer Llncalrn, 11,780
ToHavre-Oct. 10-8teamer Alton. 9,700
To Bremen- Oct. 8— Steamers Lord Curzon, 8.409; St. An
drewH, 4,466... Oct. lO-Steamer Llndenfels, 4,522
Oct. 14
26,575
3,270
18,103
11,780
9,700
38.946
019
703
1,000
203
860
460
luO
800
600
Bkunbwiok— To Llvfrpool— Got. 10— Bteamer L«uotra, 8,367.. 8.867
WiLMiMOTON— To Havre-Got. 12- Btr.Gla«eppeCorvBja. 3,662 3.662
To Bremen Got. 8 -Steamers Koseneaib, 6,470; ITrcula
Bright, 11, 160. .-.Got. 12— Steamer Falka, 5,078
21,696
..
.
'
NiwpoBT News— To
doah.
CHRONICLE.
rilK
lG;i(>
2,800
Boston To Liverpool -Oct. l0-8teatner
tiaxonla, 2,000
Oct. 12— Bteamer
Oot 11— S'eamer Oeetrlan, 2,897
Cymric. l.flOU
6,5015
Liverpool -Oot. 7-8teamer Indore, 6,600
To Brfmen-Oot. il— Stfamer Hhcln. 1,200
Philauklphia—To Liverpool Oct 7— Steamer Merlon, 2,300.
84M Fbancisoo- To Japan— Oct. 7 -Steamer Slbtrla, 610
Oct. 13-Bteamer Mongolia, 4,123
Total
6,e00
1.200
2,300
4,783
264.839
The particulars of the foregoing shipments for the week
arranged in our usnal form, are as follows,
Oreat French Qer- ^—Oth.B'rope— Mexico,
ports, many. North. South,
die.
Japan.
14,547
1,230
425 4.147
20,3;i0 2,644 4,765
6,439
60
29,845 18,638 5«,332 4,279 10,232
29,883 9.700 34,665 2,906
600
8,867
3,662 21,696
2,300
6.606
6,600
1,200
2.320
4.738
Bril'n.
York.
Savannab.
Brunswick
WUm'Kfn
N'p'tNews
Boston....
Baltimore.
PbU'delD'a
San Fran
Total....l20.e97 34,644 65,787
b»'e8 troir Pacific ports.
Cotton freights at New
as follows.
Llyerpool
Manohest.,Oo.22
Havre
4,733 264,839
have been
1904,
1,
Total.
20,3«9
84,228
6B,3i6
77,554
8,367
25,357
2.3C0
6.505
7,800
2,820
4,783
9,983
York the past week have been
Salur.
Man.
tues.
16
14
18
14
16
16
16
f.
16
14
131a
13ifl
13i«
e.
25*
25'
26*
25*
25*
25*
25
as
16
26
25
16
25
26
16
25
25
16
22ifl
32^
S2>«
26
26
16
22 >«
26
28
e.
Bremen, Ootober.e.
Hamburg
60
7,610 21,318
The exports to Japan since Sept.
e.
A.ntwerp
e.
eheDt,y.Antw'p.e.
Beval, indirect. .e.
Beyal, via OanaI.e.
Wednes. Thurs.
Fri.
25
IS
22>«
221s
22ifl
26
26
26
26
28
28
28
28
Baroel'na. O0.22.C. 22-22ifl 22-2219 22-221S 22-22ifl 22-22ifl
20
6enoa...
e. 22'325
22025 22025
20
20
20
TrlOBte
c.
83® 25 28'325 23925 28925 23926 23026
Japan
26
28
(via 8nez).e.
Quotations are cents per 100
And S
lbs.
Friday, Oct
A
Baltimorb— To
New
BREADSTUFFS.
Total baUa-
10— Steamer Sbenan-
iilverpool— Oot.
2, HOG
N. Orleans.
Oalv6.ston.
[Vol. lxxjjl
cally there has been a quiet spot market, but the interior
markets have continued to report active buying by millers at
firm prices. To-day the market was active and higher on a
demand from December shorts to cover contracts. The spot
market was firmer but quiet.
YORK
DAILY OLO8INO PRIOESOF WHBAT FUTUBKB IK N BIT
Sat
Mon.
Tues.
Wed.
Thurs.
No.2red winter,
f.o. b...
Deo. delivery In elev
May delivery In elev
11638
113S8
111"8
DAILT OLO8IHO PKIOB8 or
per cent.
Sat.
LrvKEPOOL.— By cable from Liverpool we have the following
•tatement of the week's sales, stocks, &c., at that port.
Sept. 23.
Sales of
tbeweek
bales
Of which exporters took.
Of which speculators took
Bales American
22,000
,
Actual export
Forwarded
Total stock— Estimated
Of which American—Est'd
Total import of the week....
,
Amount
afloat
......
26.000
1,000
1,C00
16,000
3.000
53,000
109.000
49,000
18.000
4,000
56 000
146,000
89,000
40 000
84.000
189,000
174,000
Of which American
.
Of which American
Sept. 30.
Oct. 7.
Oct. 14.
43,000
1,00c
1.000
1,000
37,000
35,006
3,000
82.000
......
3.00c
68 00C
88,000
139,00C
90 000
62,000
51,000
247000
424 000
235,000
885,000
96000
150 000
107,000
95 000
89 000
463 000
430.000
The tone
of the Liverpool market for spots and futures
each day of the week ending Oct. 14 and the daily closing
prices of spot cotton, have been as follows.
Bpot.
Sat'day.
Market, )
12:30 P. M.^
Qalet.
Mid. Upl'ds.
5 68
Sales
8peo.
& exp.
4.000
400
Monday. Tuesday. Wed'day. Thursd'y Friday.
Good
demand.
Good
demand.
6-70
Basler.
Moderate Moderate
demand. demand.
566
S-68
5 58
6 60
8,000
8,000
8,000
7,000
600
7.000
300
300
300
300
Futures.
steady
Market
I
at
6(3e pti.
)
advance.
Steady
„
Deo. dellv. In elev
May delivery In elev
July dellv.
eiev
Steady at Qnlet at Steady at BrMyit'dy
6ee pts. aa? PU.
8 pts.
6 pts.
6pU.
decline.
advanoe. decline.
decline.
decline.
,,
*i""'
"^"
m
47,000
14, 1904.
volume of business has been transacted in the local
market for wheat flour. Recent purcbaaes by jibbers have
been fairly well used up, and during the past few days they
have placed orders for both epring and winter- wheat flours,
paying Arm prices. Advices from the interior markets have
continued to report active business. A moderate export
business has been transacted locally with both Europe and
Africa. Rye flour has been in good demand and firm. Bockwheat flour has had a limited j ibbicg sale at steady prices.
Corn meal has been in better demand and steady.
Speculation in wheat for future delivery has been moderately active, and there has been an upward turn to prices.
Early in the week, itflaenced by exceptionally heavy exports of wheat from Russia and full receipts of wheat at
the Northwestern market, there was an easier tone. The
monthly report by the Government Agricultural Bureau,
which was figured as indicating a crop of 550,000,000 bushels,
was better than many of the trade expected and had temporarily a bearish influence. During the second half of the week,
however, a buying movement, coming largely from shorts
to cover contracts, developed, and prices steadily improved.
Prices have had a fair reaction from recent top figures,
and for this reason there was more disposition shown to buy.
The reports from the primary spring-wheat market reported
decreased receipts, and the grading was reported poor. Crop
reports from Australia have l)een less favorable, but offsetting these reports have been advices from Argentine stating
that the increase in the wheat acreage in that country is
officially placed at 20 per cent.
The Cincinnati ''Price
Current" estimates the exportable surplus of the wheat crops
of the United States and Canada at 100,000,000 bushels.
Lofair
114i«
112ii
llOOs
114%
112!W
110%
WHBAT FDTUBB8
Mon.
fri.
116\
114%
118S8
116i«
11238
IN
lll4
1184
Thurs.
fri.
lioss 112%
IIOI4
11218
97 '8
99 1«
OHIOAOO.
108''8
109
Wed.
llOSs
10914
10938
no's
Tues.
,
116i«
I14it
98ia
Indian corn futures kave received a moderate amount of
speculative attention. The monthly report by the Government's Agricultural Bureau was, if anything, of a more favorable character than the majority of the trade expected, and
foreshadows, it was figured, a crop of 2,400,000, OuO bushels.
Immediately following the receipt of the Bureau report prices
yielded. The recent fairly sharp decline in prices, however,
apparently largely discounted the Bureau report. Short
sellers appeared in the market as fairly good buyers during
the second half of the week, and their piuchases sufficed to fairly well absorb the offerings and established
fractional advances in prices. Light receipts of old corn
also had their influence in strengthening values for near-by
deliveries.
The Cincinnati Price Current, In its weekly review, says that the weather has continued favorable for the
crop situation. Corn is maturing well and a crop of 2,400,000,000 bushels is assured. There is much more marketable
grain than last year. To-day the market was steadier in
sympathy with the advance in wheat values. The spot market was firmer.
DAILT OL08DIO PBIOEI OF MO. 2 MIXCD
Bat.
Mon.
Oashoomf. o. b
67
66
Dec. delivery In elev
561^
56
.
May
0OB>
Tues.
56i«
5538
» NE\r TORK.
Wed.
Sat.
tt„, ,
Jfon.
Tttes.
Fr%.
68
68''8
5610
5138
56%
61%
delivery In elev
51%
61^
52
62»i
DAILY CLO8IMO P&IOEB OP MO. 2 MIXED OOBM nr
at
Thurs.
57%
56>«
CHIOAOO.
Wed.
4908
Thurs.
Fri.
49^
eO>«
A6\
457g
45%
46%
Z^„
"'•
....
46>4
46%
45>a
at
Steady, Veryit'dy Steady at Steady at Steady.
Market, i steady
4(35 ptt.
nnoh. to »&i pts.
Oats for future delivery at the Western market have been
4 pts.
Sde PU. nnch. to
4 p. M. J advanoe.
1 pt. adv. advanoe
decline.
decline. 3 pti. dec.
quiet and the tendency of prices has continued towards a
The prices of futures at Liverpool for each day are given lower basis. The Agricultural Bureau report confirmed the
below. Prices are on the basis of Uplands, Good Ordinary maximum crop estimates, and with the indicated foil supplies which the heavy crop movement also tends to confirm
clause, unless otherwise stated.
tW" The prices are given in pence and 100th. Thus: 6-C4 means little disposition has been shown to support values. Locally
the spot market has been quiet and easier. To-day the maro 54-lOOa.
ket was quiet but steady.
DAILT OLOSIHO PKI0B8 OP OATS IK NEIF TORK.
Sat.
mon. Tnes. Wed. Thara. Frl.
opened.
Oct. 8.
Oct. 10.
Oct. 11.
Oct. 12.
Oct. 13.
Oct.
14
12ifl
1 12i«
4 12i« 4 12% 4 12i« 4 12i« 4
P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M. P.M.
Deo. delivery In elev
May delivery In elev
July delivery In elev
d.
d.
5 52 6 62
Oct. -Nov... 8 51 5 49 5 49
Nov. -Dee
5 50 5 49 5 43
Dec. -Jan.... ^ 60 5 49 5 49
549 5 49 5 49
Jan. -Feb
Feb.-Mch. .. 5 51 6!^0 S.^O
Moh.-Aprll. 6 51 5 51 5 51
April- May .. 5 52 651 5 61
May- June... 6 53 6 62 6 52
d.
62
49
49
49
49
50
d.
6 58
5 61
5 51
5 51
d.
6
5
6
5
5
6
5
551 5
6
6 52 5
5
551 5 68 5
6 52 6S4 5
6 62 6 64 6
5
5i 5 49
53 5f.O
54 S51
66 5 52
6e 5 53
June- Inly...
Jnly-Ang
Aug. -Sept
d.
d.
64 5 53 6 50 5
52 5 49 6 48 5
52 5 49 5 48 5
52 ^49 6 48 5
5 48 5
5 49 5
5 50 5
6 61 6
6 62 6
d.
46
43
43
43
44
45
46
47
47
d.
5 45
d.
d.
SS8
5 43
5 42 6 36 5 41
35
86
37
38
5 45 5 39
6 46 6 40
6 46 6 41
5 42 5
5 42 5
5 43 5
5 44 5
541
42
43
44
46
46
6 46
5
5
5
5
5
..
.
....
....
....
*••
....
....
....
48>«
4508
4S>4
Sat.
No. 2 mixed In elev
No. 2 white In elev
Mon.
Tues.
Wed.
Thurs.
Theirs.
Fri.
Nom. Nom. Nom. Nom.
Nom. Nom.
Nom. Nom. Nom. 3614 Nom. Nom.
DAILT OLOSIKO PRICES OP MO. 2 MIXED OATS III CHIOAGOt
Sat.
d.
5S4
October.
48
Oct. delivery In elev
Dec deUvery In elev
May delivery In elev
„
,,
^"""
'•
Mon.
Tues.
Wed.
29>«
28''8
29>4
28''8
29%
29i8
31i«
29Jfl
28'8
29
29
31H
31
31»4
32
Fri.
Following are the closing quotations:
Fine...
Superfine
Extra, No. 2
Extra, No. 1
Clears
Straights
Patent, spring
FLOUR.
Nominal.
Patent, winter
95
City mills, patent. 6
f3 75 93 85
4 00 '34 10
Rye flour, snpertlne 4
4 26 94 50
Buckwheat flour.. 2
4 65 -9520
Com meal6 25 «5 75
Western, etc
3
6 66 06 95
Brandywlne
3
70
65
40
20
10
16
96 00
OO 85
94 90
92 50
93 16
93 26
1
:
1
THE CHRONICLE.
Oct. 15, 1904.]
OBAIM.
Wb«at, per bUBh—
o.
0.
N.DuL.No.l
I.o.b.l22B8
N. Dul., No.
f.0.b.ll9l>8
2..
Red winter, No. 2.. f.O.b.11858
Hard winter, No. 2. f.O.b.11688
Oats— Mixed, p. basb. 34 '936
Com, per bush—
WeBtem mixed
c.
o.
65
No. 2 mixed
No. 2 yellow
No. 2 white
Rye, per bush-
f.
f.
'©BS'^s
o.
o.
f. o.
b.SS's
b.ei^e
b.59ie
83 -ass
Nominal.
53 ®64
Western
S4ia«39i«
Nominal.
WbJte
No. 2 mixed
State and Jersey....
Barley—West
39i«@42ifl
Feeding
Exports of Grain and Flour from Pacific Ports.— The
exports of grain and flour from Pacific ports for the week
ending Oct. 13, as received by telegraph, have been as follows:
From San Francisco to Japan and C^ina, 19,646 bbls. flour,
to United Kirgdom, 100,000 bushels barley, and to various
South Pacific ports, 7,726 bbls. flour and 4u0 bushels wheat.
Combining these figures with those for previous wee&s, we
have the following, which covers the exports to foreigr
countries for the period since July 1, 1904, comparison being
made with the corresponding period of 191J3.
NomlnaL
No. 2 white....
Mxports
Flour,
Wheat,
Corn,
Oatt,
frow^Sui Fran.
Paget 8'd.
bblt.
28.'>,619
bush,
bush.
5,1X6
6,138
bush,
11,254
14.793
8,523
1C3.000
Portland..
Total....
Tot. 1903.
103,009
175,520
119,689
386,069
165,000
397,218
1,263,075
886.678
802,665
823
Rye,
bush.
bush
422
860,673
24,050
7,692
8
Agbicultxjral Department's October
Barley,
846
768
363
884,723
3.5O0.OOO
Report,— The
report of the Department of Agriculture for October 1
respecting cereal crops was issued on Ovitober 10 as follows:
The monthly report ol the Chief of the Bureau of StatUtlos of the
Department of Agrlonlture will show the condition of corn on Oot. 1
to have been 83-9, as compared with 84 6 one month ago, 8u-8 on
Oct. 1, 190d, 79*6 at the corresponding date In 1902 and a ten-year
average of 78*3.
The following table shows for each of the twenty principal corn
States the condition on Oct. 1 In each of the last three years, and that
on Sapt. 1, 1904, with the ten year averages:
1904.
Sept 1,
1904.
86
86
68
90
76
84
80
87
87
84
77
92
93
84
90
94
90
83
91
85
80
83
79
86
72
86
85
68
87
74
86
80
91
90
89
78
93
96
87
92
98
91
80
92
87
78
94
80
87
78
Oct. 1,
Slates—
Illinois
Iowa ................ .
Kansas
Nebraska
.
Missouri..... ......... .
Texas.......
.
Indiana
Georgia.
Tennessee
.
Kentucky
.
Ohio
.
Alabama
North Carolina
Arkansas
Mississippi
Virginia
South Carolina
South Dakota
Indian Territory
.
.
.
.
.
Oklahoma
Wisconsin
Pennsylvania
Minnesota
Louisiana
Michigan
.
.
.
.
Oct. 1,
Oct. '1,
1903.
1902.
82
71
78
76
80
90
81
86
84
80
94
76
87
86
104
38
97
65
75
82
88
63
84
87
57
87
82
53
76
79
75
86
62
68
67
70
93
84
88
91
87
82
86
80
71
80
79
73
98
83
Ten-year
averages
85
79
65
66
80
72
86
84
79
81
84
80
83
75
78
85
82
74
78
60
83
85
83
83
83
October,
1904.
Bushels.
12-8
11-8
States—
Minnesnta
North Dakota.
South Dakota.
Final,
1903.
Bushels.
93
Iowa
11-4
18-9
Washington
131
12
Final,
1902.
Btishils
13-9
159
12-7
13-8
12-2
12-3
20-8
1
20-8
The preliminary returns indicate an oat crop of about 888,500,000
bushels or an average of 32-1 bushels per acre, as compared with 28-4
bushels as finally estimated In 1903, 34-6 bushels in 1902 and a ten-
282
year average of
the figures of yield per acre for the last three years, with the ten-year
averages
Ten-year
1904.
1908.
1902.
average
Bushels.
Bushels.
States—
Bushels.
Bushels.
26-6
32-0
37-7
31-8
Illinois
24-0
30-7
32-0
31-5
Iowa
35-0
32-8
39-9
34-5
Wisconsin
32-3
39-2
39-0
32*4
MinBOSota
29-5
34-6
25-4
307
Nebraska
34-0
34-1
New York.
400
800
28-6
33-9
36-5
28-5
Pennsylvania
24-4
33-1
Indiana
35 4
%97
30-6
40-9
Ohio
411
333
17-8
33-5
23-0
26 2
Kansas
Wheat
Indicated
Product'n,
1904.
Pro-
Pro-
duction
duction,
1901.
1900.
JlusheU.
Ohio
1M23,000
28-4
82-1
United States
34-5
28'2
The average for quality is 91'4, against 79-9 In 1903 and 867 1q 1902.
The preliminary estimate of yield per acre of barley is 27-2 bushels,
against 26-4 one year ago, 290 In 1902 and a ten-year average of 24*3.
The average for quality la 88-7, against 884 last year and 873
Jn 1902.
The preliminary estimate of yield per acre of rye Is 15 2 bushels,
against 15'4 last year, 17-0 in 1902 and a ten-year average of 15*0.
The average for quality is 91-6, agalast 88-4 last year and 91-8
in 1902.
The average condltioa of buckwheat on Oot. 1 was 88 -7, as compared
with 91-5 one month ago, 83-0 on Oot. 1, 1903. 805 at the corresponding date In 1902 and a ten-year average of 80*7.
The average condition of flix on October i was 87-0, as compared
with 858 one month ago and 74-0 on Oct. 1, 1903.
The average condition of tobacco on October 1 was 85-6, as compared
with 83-7 one month ago. 82*3 on Oot. 1, 1903, and a five year average
of 78-9.
The average condition of potatoes on October I was 895. as compared with 91-6 one month ago. 74-6 on Oct. 1, 1903, 82-6 at the
corresponding date in 1902 and a ten-year average of 735.
The average condition of rice on October 1 was 87-3, as compared
with 89-7 one month ago and 90-6 on Oot. 1, 1903.
The movement of breadstuff s to market as indicated in the
itatements below Is prepared by as from fignres collected
by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Oct. 8
and since Aug. 1, for each of the last three years have been:
Hour,
Receipt* atr-
Chioago
Milwaukee
Dulath
.
Com.
Wheat.
BarUy,
Oatt.
By*.
Bbli.l96ib« Bu*h.60l>i Buih.66 lbs Busft.32Jb. Bush.48 Iba Bu. 66 lb$.
151,047
589,816
874.250
1.438.160
1,292,698
43,785
76,276
388,340
48,460
215.800
98S,10o!
56,800
176 450
1,900.748
Minneapolis.
Detroit
15,E96
19.003
68,275
670.760
12,000
663,300
Kansas Clt7.
Same wk. '08.
Same wk. '02.
Since Aug. 1.
1904
78.5"0
845
55,482
91,109
4,100
261.930
3,851
lOJ.OOO
16,189
338,000
222.600
118.600
7,800
818,800
138.000
873,636
810,283
276,811
62.149
119,354
603.993
441,763
7,869,613
1,87.»,613
4,941,403
4,306.6P6
6,796.910
3.144,234
3.191,30l|
581,440
7,920,501
1.228,537
4.469,862
3,557.0Be
3.656.754
1903
1902
743,280
40,000
153,818
29.945
161,100
04,276
20,400
1,061,427
1,300,400
17,650
69, '00
6,000
Cleveland ...
St. Lonlt....
Peoria
1,126,55;^
3.633,770
Toledo
4,268.516
4.317.038
2,286,637.
18.238 695; 1,878,890
62,627,798 33.087,205 58.840,0?0
66.002,899 89 844,168 35,851,678
89.966,306 17.877,215 60,059.410
16.047,508^ 1,700,414
18.64t,»128 8,123,470
The receipts of flour and grain at the seaboard ports
week ended Oct. 8, 1904, follow:
for
the
Boston
Montreal
.....<•..
Pnlladelplila.
Richmond
>ew
..
Orleans*....
Newport News....
Norfolk.
Galveston
Portland.
62.800
2,267
kuik
643.800
191.0^6
79,(174
22.235
74.4
/jaritir
U
51.600
2,000
9,153
4,000
1,111
11,710
12,000
9.V0O
59.984
6,750
1,250
322,834
810.219
476,-^Xl
1,955,769
913,289
2,164,596
1,036,686
1.110,444
Receipts do not Inolade grain passing throngb
on through bills of lading.
New
Mtt,
ktlM.
28,400
688
8,741
Total week..
Week 1903
btifk.
423.''00
110.005
216,111
16,394
13.916
21,478
6.000
27.016
12,898
64.664
65,794
,.
Me
Mobile
*
ktok
kbit
147.589
48,847
22,118
48,125
84,082
6,625
18,905
6,038
1,857
Oatt,
oern,
(Vneet,
at—
Reeeiptt
New York
Bsltlmore.. ........
United States
12-7
140
147
The average quality of spring wheat Is 75-7, as compared with 85'5
in 1003 and 87 7 in 1902.
The indicated production of wheat for the whole country
for 1904 makes the following comparison with the results for
the four preceding years.
WHEAT CROP FOR FIVE TEARS.
bushels.
The following table shows for each of the ten principal oats States
Tot. wk. 1904
84-6
78-3
United States
80-8
839
796
[The general average condition on Oot. 1, 1901, was was 621; In
1900 was 78 2; in 1899 was 82-7, and in 1898 was 82-0.]
The preliminary estimate of the average yield per acre of spring
wheat Is 12*7 bushels, subj act to revision when the final estimate Is
made in December.
The following table shows for each of the five principal springwheat States the estimated average yield per acre this year and the
final estimates of average yield In 1903 and 1902
1657
67,864
140.839
'2,066*
'
3,'m
14,836
1,786
81,008
4I,b65
Orleans for foreign
Dorts
Total reoeipti at porti froxu Jan. 1 to Oot. 8 compare as
follows for four years:
iittHmt* •/1002
1904.
1901.
1903.
Indiana.
12,526,000
r onr..
..bblf. 18 236 278
16.241,104
163^6.797
17.800 717
Minnesota.
Kansas
68,339,000
86.900,000
Wheat
88,069.068
77.C26.Ofll
108448.739
13 848.146
180,466 667
Corn
.bash.
"
.
California.
24,268,000
Oafs
Barley
.
Illinois
21,543,00j
North Dakota...
Booth Dakota...
53,891,000
Mlisourt
Mlohlctan
Pennsylvania....
26.743.000
6.S77,000
Oregon
Wisconsin
Nebraska
WaahlDKton
Iowa
Total
All others
aye
.
Totalaraln
30,569,000
••
•
.
•
••
H7,l'87.517
42.4t<0.'96
81,887.887
86.781.434
8,488.6,6
660,737
41.456013
2.737,240
3.546,116
41I.JM.8 2
1.702.183
8.493.637
6ti.2se,ert»
8,7114.007
ri6,414.700
806,132,ei7
162.644,524
295,668,063
8,248,203
The export* from the several leaboard portifor the week
eading Oct. 8, 1904, are shown in the annexed statement:
ai.ioo.roo
18,726,0'
fVhtut,
Me9»rt$ from- kutk.
4«w York....
7,435,C0r
31,710,000
27,924.000
•oston
68.077
•orii»B<i
461.204,(100 S09,4?8,ei'e:576,242,453
89,874,000 I88,393,13.<
t<«
94,820,56
1
•
12.681
il««.
*ufk.
Ptai
P**'
BarUf.
ku$>>.
»ii»*
7.780
!;«'•„
37.036
7.780
14,578
87.08ft
(183
89.760
o.voo
4.06.-1
2.916
4,860
15
810. HI 5
6,710
6.0X8
21.8-1
2.711
"e'.ipR
36<.f-35
69.687
'01.1,199.888 1,230.667
183,642
24H,5e4
162.087
76.471
weak
Sam* time
8,Bi!6
Otitt.
Oatt.
bu»fc.
bulk.
111.904
111.004
l,l8u
8,360
l,^ft7
ontreal
Total
bb(».
40 473
a7.f6H
66 178
rfoblia....
»
Flour.
HOO
4«w«'rtN«ws
Total Onlt«(18tate«».. SIS 1 .078.000 fl37,H',>l,>-35 fl70.0t):4.00f
522.229.506
• Of which 388.400,' 00 t)iiih(;ls wliilor wheat and 217,6.8.00
bush Is sprliiB
whnal In 1904, aKslnst 3ti9,»37,25U bushels winter wheat and 237,954,5:15 buahels
spring wheat In 1903.
bulk.
BB.W24
42,867
kllAdelphla.
laltlmor*
|*w Or'eans..
'orfo k
j
11,6 0,000
C'«rn,
886,808
.
S7.(
J.«0
':::':::.
"mVi
.
:
Tbe destination of these exports for tbe week and
einoe
1904, ii as below:
1,
-tlour.-
Maptrti t»r
mt*k *ni lint*
/ulv 1 to—
Onitad KingdoB
OontiDCDi
Wkttt.
,
W*4k Sinci Ju(«
Wttk
8
bbl:
Oct. 8
1, 1004.
Oct.
tt G. AmarlM.
Wail Indlai
r.jf.AmOolo'i
1,
t>bli.
bu$h.
8U7.H40
60,3»7
87.M0
ii04.l48
,
w$ih
1V04.
397.80*
416. 61S
617.817
S.SdO
BIO
183.542
Total
Total lBOS-08.,.. 248,554
8.718221
5» OrtS
8t»66H
M.Odl
8.52t)
82.1(48
28.478
87,b-.8
6H.«87
1,199,883
1,U14.482
4.888,887
4,788.897
24,563.017
1004.
bVMh
4,711.251
30.5-0
14.4Ua
8i6
1.
b\uh.
bufh.
8,890
Corn,
tin** J«ii»
Oct. 8.
4.18(5,447
441.1:j8
171.85a
.
aint* July
ga.»44
Do.uia
11.47U
Otiiar •oBBtriai
863,835
1.^30.067
8,882,009
16.479.498
The visible snpply of grain, oomprlBing the etocks in
granary at the principal points of accnmnlation at lake and
Mboard ports, Oct. 8, 1904, was as follows:
fViutu,
t«it«ria$—
Mm,
Burm
kU'k,
kiti>
78 OOO
lSd,000
849,000
148 OOO
80.000
194 000
975,000
isiboo
m.ooo
485.000
186 000
1.000
94.000
80:1.UG0
48,«ui>
28.000
34,000
284.000
1.667,000
afloat... .«.
Boiton.
Pklladelphia
..M
.««.
BalUmora
.^
Maw
Uriaani... .....,«.
SaiTaiton
.«^
HOOtraal
tOTOntO
BBlalo
Do
Toledo
Do
Detroit
Do
OUaagO
Do
itsooo
46 000
^.,^^
4 000
8.(00
788.003
881.000
4.000
806.0UO
230.1)00
S0900J
283 000
1,604 OCO
9,000
1.000
290,000
111000
328 000
83,000
'89.000
2,818,000
8.034,000
4,548 000
ese'.b'do
42.000
14,000
629 000
3.000
032.000
8.631.000
165,000
1,667 000
93.000
8,000
844000
a.ono
3,000
811,000
afloat,.
afloat
afloat
afloat
,-i;.-v„v
177.000
Fort WlJliam
Port Anknr
921,000
Oiiooo
D»loth
Do
*
8,348.000
afloat
Mlnnaapolli
Bt,Lonii
_ Do
2.5<=8,O0O
3.134.000
23,C00
afloat. .,»
KaniaiClty
3,019,000
Peoria
In4lana90lll
OB Hltaiiiippl BlTtr .
2.000
287.000
• -,• .
-"
l,54i.noo
lao.ooo
'65,000
1.062,000
196,000
Oct.
8, 1904... 20,797,000
1. 1«04,..17.6H5,000
Dot.
Oct. 10, 1903. 20.888,000
Oct. 11. 1902. 26,111,000
Oct. 13. 1901. ..33,208,000
1.499,000
1.460.000
6.302.0ro
4.144.0*0
4.059,0(0
2.831,000
2.030.000
OaLakai
OacanalandrtTor.
.
fiH8,000
l,0H9.0no
1.788.000
[Vol. Lxxix.
the inability of agents to guarantee delivery, owing to the
Bold-up condition of the mills. The opinion is beint; freely
expressed that Chinese buyers have secured goods for future
shipment at prices which home buyers will be unable to
duplicate. Bleached goods have met with only a moderate
demand, and the number of important orders in the market
has been very small.
Prices remain unchanged. Cotton
ducks have been more freely taken for export, bnt the home
demand has been small. Denims have been qniet, but ticks
have been freely taken, and on certain lines no further
deliveries can be contracted for during the remainder of the
year. Other coarse, colored goods have been quiet, and without particular feature. Kid finished cambrics continue to
move slowly at recent figures. Staple and fine grades of
ginghams present no particular feature, and the demand is
disappointing.
Staple and fancy prints are slow, and
business has been confined to small orders for immediate
delivery. Print cloths are scarce, but the demand is quiet
and prices remain unchanged.
•••„••••
MUwaakaa
DO
«float
Totel
Total
Total
Total
Total
Oati,
0»rn,
kuak.
New Tork
Do
:
'
THE CHRONICLE.
165S
July
1
!
;
THE DRY GOODS TRADE.
Woolen Qoods,— Good progress has been made in the
delivery of men's wear woolens and worsteds, bnt mills are
still being urged to hurry these in view of the unusual earliness of the clothiers' openings, Duplicate orders are being
received in fair quantities, but it is as yet too early for this
business to develop much activity. Agents are experiencing
little difficulty in obtaining advanced prices, clothiers realizing that tbe condition of the raw material market is ample
justification for these.
So far the advance since the opening
of the season has averaged about 6 per cent, and it is
expected that before long this will have been increased to
T}4 per cent. Preparations are being pushed forward for the
new heavy-weight season, and here also it is expected that
advances will be made over last year. Overcoatings have
been in fair demand during the week, and the orders have
been about equally divided between plain and fancy goods.
Cloaklngs have shown decidedly more activity. The demand
for winter dress goods continues, and enough business has
been done in spring lines to indicate that plain goods in
staple lines are the best in demand.
Foreign Dey Goods.— Imported woolen and worsted dress
goods for the spring season continue to have a satisfactory
sale, and during the week there has been a decided increase
in the demand for several fabrics, with broadcloths and
mohairs still far in the lead. No changes in prices have yet
been made, but these are looked for in the near future.
Ribbons have met with a fair inquiry at recent figures. Silks
have been in moderate demand. The demand for linens continues to improve, and preparations are being made for the
holiday trade. Burlaps are steady and without special
New Yoek, Friday, P. M. October 14, 1904.
Continned quietness has marked the course of the cotton
goods market during the week, and while prices have been
firmly held the volume of business has been inconsiderable.
The entire absence of demand for fature shipment on the feature.
part of home buyers continues to be the principal feature,
and while under normal conditions this would tend to Importatlona and Warelioase "WltlidraTvale of Dry Goods
general weakness, the statistical position of the market
Theimportations and warehouse withdrawals of dry goods
through the curtailment of manufacture and the heavy at this port for the week ending Oct, 14, 1904, and since
export demand of the recent past, is so strong that sellers January 1, 1904, and for the corresponding periods of last
are enabled to maintain a firm attitude. While export pur- year are as follows:
chases have comprised goods for delivery as far ahead as
B
g
April and May of next year, few, if any, orders have been
to
placed by home buyers for delivery beyond the next thirty
days. The latter remain confident in their conviction that
H
gp
a:
0,
the market will go lower before it goes higher, and as long
®
sellers
remain
divergent,
little
so
as the views of buyers and
^.'
a'.
s
.g!
Si
material improvement can be hoped for. Buyers continue to
p:
place their reliance on excellent crop prospects and sellers on
B\
MS
.
•
;
'.
:
:
the scarcity of supplies,
Hopes that certain
of the
1904.
Week.
India
Arabia
Africa
West Indies
Mexico
Central America....
Boath America
Other Ooantrlea
Total
....
8
29
Since Jan.
1.
185
69,814
5,932
14,857
8,195
16,667
1,802
11.622
42.851
16,519
8,136
188,980
"250
'""8
806
41
444
1,365
Week.
Since Jan.
12
18
1,521
1,118
949
672
369
50
218
617
387
112,383
11,620
81,925
8,083
22,662
2,418
9,390
46 559
8,317
1,688
856,096
""id
""l7
1.
<i to
!
(
O^
»J«
and sheetings have met with a steady demand
for near-by shipment.and for this position sellers have experienced no difficulty in realizing full prices. Light-weights
have been in moderate request and likewise have been firmly
held. The export demand has included Sand 3'25-yard drills,
and inquiries for light-weights generally have been of fair
drills
Actual business, however,
is still
d
I
00 to
restricted by
M
rfk
^^
M
CD
bo_«a
to
fO C)<»->aot3CO
M CO O CO
CO
00
00
I
to
<3<
'(O
en
^"OMWr-*
ccco
aoecoi^to
I
axzi
1
Voo
c
—
O
to
ccM
I
«-J
!
-JH"
i
I
I
aco>-toto
1_
Mco©*!-'
M& i^S,
"La
ostocotoco
MO-
tn to
0<9>MC0ai
6a»c;<CDM
cDoo^a^
to 00 u; CO CO
03 00
"(««•
'^^.OSMCO
V
a
M*
ccooc;<o<cD
ODODMVl'ik
ao©oao©
CXOVOOO
MCO
M
COOS
<3>
ooceo«oi
Si #k 5
0«»3<l«4
•
I
•
^
I
to-joiQDoa
MKl*k_«CO
ao;>'-oiO
M (3 CO
CdOS>3^M
>-'<0
Vj'oDftVotO
tf^o
I
'm*©
MOODiUM
W06
-a"-"
I
MM
"- CO
1
~iQO
CKCO
00 c;i>q 1(^00
95,0
0-.
I
«ai^
00 1^
WW;-'©
locooio'-'
:
gp
*a CO
*k.-Moai^
ato
Wo
CD
O^C^'^ICO
«Jt->CD^O<
k'teto
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Mco^weo
atsp_eo<i
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^a'ccQo'o"
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of these New York exports since Jan. 1 has been
$11,431,366 in 1904, against $11,598,772 in 1903.
Few actual changes in qaotatioos have taken place during
the week, but prices have been firmly held, and certain lines,
notably standard drills, have shown a tendency to advance.
proportions.
:
«
'i^
The value
Brown
:
eo^
lo.
Oreat Britain
Otber Earopean.............
China
<o
00
OS
1903.
j
:
Fall
River mills would re-commence operations during the week
were disappointed, and the striae situation continues as
acute as ever. In the woolen goods market the demand has
continued on a satisfactory basis and the raw material situation is resulting in continued firmness in all directions.
Domestic Cotton (iooDS.—The exports of cotton goods
from this tort for the week ending Oct, 10 were 8,136
packages, valued at $217,693, their destination being to the
points specified in the tables below
Nbw York to Oct.
:
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§
—
:
—
—
—
:
:
THE CHRONICLE.
Oct. 15 1904.]
1659
Amarillo, Tex.— Bonds Fofed.— This place recently voted
to issue $45,000 bonds for sewerage purposes.
Ames, Iowa. Bonds Voted. The election October 10 resulted in a vote of 141 to 32 being cast in favor of the issuance of the $28,000 water- works bonds mentioned in the
Chronicle October 1. Date of sale not yet determined.
—
Anson (Texas) Independent School District.— Bond* Registered.— On October 5 the State Comptroller registered
$10,000 5^ 20 40 year (optional) Echool-house bonds dated
PUBLISHED WEEKLY.
Terma
ot
Subscription— Payable in Advance
For One Year, Including
For 81x Months
all
Supplbmbnta
------
-
European Subeorlptlon (Including postage)
European Subscription Six Months (Including postage)
$10 00
6 00
13 00
760
Aug. 9, 1904.
Arizona.— Bond
—
Issue.
At a meeting of the Loan Commission held recently $17,000 5^ 50-year "Territorial funding
bonds" were issued to S. Oberfelder, Cashier of tbe National
Bank of Atizcna, Pbcenix, in exchange for |17,0C0 Qi bonds
maturing Jan. 1, 1913,
Attleborongh, Mass.— Bond Sate.— On October 7 the $20,000 i% 30-year water-eupply bonds described in V. 79, p. 1489,
Financial Ohkoniclb.
„
The 8TATB AND CiTT Scctlon, isened semi-annually. Is also furnished were awarded to Blodget, Merritt & Co., Boston, at 110 57.
without extra charge to every subscriber of the Chbonicle.
Following are the bids
The 8TBBKT Railway Section, Issued three times a year, Is likewise
R. C. Stanwood & Co., Boston. .10B-S78
Blodget. Merrittft Co..Boston..llO*57
furnished without extra charge to every subscriber of the Chbonicle.
109-69
Merrill, Oldham &Co., Boston. 100-319
Bros. & Co.. Boston
The Bank and Quotation Section, Issued monthly. Is also furnished Blake
lOWO*
Geo. A. Fernald & Co., Boston.. 1(9 0"6
Kstabrook & Co.. Boston
without extra charge to every subscriber of the Chboniclb.
109*52
W.J. Hayes A Sons. Boston....lf 8 "5
Adams & Co., Boston
109-45
108-629
B. L. Day *Co.. Boston
Jackson& Curtis, Boston.
109-44
Farson, Leach & Co., Boston... lOS'i'S
Jose, Parker* Co., Boston
109-377 K. H. Rollins & Sons, Boston... 101 -148
Terms of Adrertising—(Per Inch Space).
N. W. Harris A Co., Boston
Bainbridge,Ga.— Bond Sale.— The $20,000 5% electric-light
Zransient matter (each time) $4 20 Three Months (IS times)... $29 00
Six Months
(26 times)... 80 00 bonds offered but not sold on September 20 tiave been disSTAITDINO BUSINESS CABD8.
$22 00 Twelve Months (52 times) ... 87 00 posed of at 105 to Nuesbaum Bros, of Bainbridge.
Two Months (8 times)
Farherton, Ohio.— Bonds Authorized.— The Village CounTrilililAM B. DANA COmPANY,..Pabll8lters,
oil has authorized the issuance of special assessment bonds
Pine Street, corner of Pearl Street,
for the paving of Baird Avenue.
Baton Ronge, La.— Bonds Fofcd.-The election October 4
TiEW YORK.
POST OFFICE BOX 958.
resulted in a vote of 201 to 8 being cast in favor of issuing
10-40-year (optional) bonds. These bonds are for
$3C0,0C0
The Railway and Industkial Section, Issued quarterly, Is furnished
without extra charge to every annual subscriber of the Commbbcial and
,
:
I
I
I
I
1
News
a
the following purposes
Items.
$166,000 4% refunding bonds.
I
$25,000
4!^
street
and
sidewalk-im-
provement bonds.
85,000 4 j refunding water bonds.
Ca\lfOTnla.—Mc nigomery Avenue Bond Suit— State Not
25,000 i% school building bonds.
26,000 i% water-works bonds.
25,000 4% sewer extension bonds.
Liable.— The Los At geles ''Times" has the foUowiDg dispatch
Date of sale not yet determined.
relative to the suit bronght against the State to necover on
Baxter, Iowa.— Bond Offering. Proposals will be received
an iesne ot Montgomery Avenue bonds put out by the city of
until October 30 by Carl C. Webb, Town Recorder, for $4 500
San Francisco:
Sacbamknto, Sept. 28.- Superior Judge Hughes to-day sustained a demur- 5!lJ coupon lighting bonds. Denomination, $500. Date, Oct.
I
I
|
—
rer to the complain of the Union Trust Co. against the State to recover the
face value and interest upon Montgome'-y Avenue bonds aggregating $^,000,He holds that the legislallve Act auibonzrjf the bond issue did not
make the State liable for the bonds and that it was a sovereign and not a contractual Act.
i
000.
79, p. 925, and V. 78, p. 1565.
Cleveland— tllenville— South Brooklyn, Ohl(f.— Annexation Election. — At the general election November 8 tbe question of annexing the city of Q-lenville and the vilJage of
See y.
South Brooklyn to the city of Cleveland will be submitted
the voters.
—
to
KHOXVllie, Tenn. Suit Dismissed. The followicg,
ative to the suit of the Knoxville Water Co. to prevent the
issuance of $750,000 water-works bonds anthorized at the
election held July 9 (see V. 79, p. 746,) appeared in the Washville
rel-
"Banner:"
Chattanoooa, Tenn,. Oct. 8.—Judge Clark to-day dismissed the bill of the
Knoxville Water Co. In the Federal Court, in which that company sought to
restrain the city of Knoxville from issuing bonds foi the purchase and erection of a municipal water plant. This case has been pending for some time,
and the action of the Ci'urt removes the last ohstacle in the way ot the acquisition of a plant by the city. The company alleged In its bill that the project
was in contravention of the terms of Us contract with the city as set forth in
the franchise under which it Is operating.
South Carolina.— Con*<ttM(ionaf Armndments. —At the
coming general election this State will vote on three Constitutional amendments. The first of these provides for biennial sessions of the State Legislature after 1906, the second
permits of local or special legislation concerning roads and
highways and the third relates to municipal corporations
and
police regulations.
Yli&cotnln.— Constitutional Amendment.— At the coming
election an amendment to Section 1, Article VIII, of the State
Constitution will be submitted to a vote. This amendment
grants the State Legislature authority to "provide for a
graduated income tax."
Bond Calls and Redemptions.
Bonds Purchased.— The State Board of Pubrecently purchased |20O,0O0 of the consolidated
loan of Maryland at 9&i^. Tbe stock was placed to the credit
of the different sinking lunds of the State.
Texas.— T^arrant CoH.—The State Treasurer has called for
payment ail unpaid rrgistered warrants on the general revenue fund op to No. 6174, the amount so called being $78,136.
Harjland.
lic
Works
Bond Proposals and Negotiations thii
wecik bave been as follows:
Akron, Ohio.— £ond Election.— At the election Nov. 8 the
question of ieeuing fSOO.OOO municipal-water-plant bonds
will be eutmitted to a vote of the people.
Allegheny (Pa.), Eleventh Ward Sihool District.- .Bond
Election,— At the coming election November 8 a proposition
to iBBue 15100,000 school bonds will be submitted to a vote of
the people of tbis district.
Alliance, Ohio.— Bonds Authorized —The City Council on
October 3 passed ordinances providing for the issuance of the
following bonds
coupon ntorm- sewer bond*.
coupon water- work»-exteni1on bondi.
Denomination, $500. Date, Dec. 1, 1904.
17,000 i% 16- year
4,000 i% 10- year
annually at the
oflace of the
City Treasurer.
Intsieat semi-
Interest semi-annually at the State Savings Bank
15, 1904.
of Baxter. Maturity, Oct. 15, 1914, but subject to call before that date. The town has no debt at present. Assessed
valuation 1903, $378,424.
Bayonne, N. 3.— Bonds Not Sold. No satisfactory bids
were received October 11 for the $65,000 i% 20-year gold
building bonds described in V. 79, p. 1489.
—
Beanmont, Texas.— Bond Election Proposed. —The quesan election to vote on the issuance of |3l),000
sewer bonds is being considered.
Bedias (Texas) Independent School District.— Bond Sale.
—The State Comptroller on October 8 registered an issue of
5-20-year (optional) school house bonds. These
$3,500
bonds have been purchased by the State Board of Education
at par and interest. They are dated Aug. 6, 1904.
Berkley, Ya. Timporary Loan.— A loan of $1,000 has been
negotiated with the Berkley People's Bank to meet current
tion of calling
H
expenses.
Biggs, Cat.— Bond Sale,— Th\B city on Sept. 19 awarded an
issue of 'Jl 3,000 536 water and electrlc-light bonds to Q. K.
Smith at par. Denomination, $600. Date, July 2, 1904. Interest, semi-annual.
Maturity, one bond yearly, subject to
call at any January interest- paying date.
—
Bordentown, N. i.— Bonds Authorized, The Common
Council has passed an ordinance authorizing the issuance of
$25,000 additional water bonds.
Brad dock, Pa.— Bond Election JnvaKd.— According to
Pittsburgh papers, the election August 2 at which $77,685
funding and $41,640 street-improvement bonds was authorized has been found to be illegal, for the reason that the ballots were not prepared in accordance with the law.
Bncyros, Ohio.— Bond Ojfertrigr.- Proposals will be received until 12 M,, November 5, by W. H. lams, City Auditor, for $15,000 b% fire department bonds.
Dencmination,
Ddte, Nov. 1, 1904
$1,000.
Interest, March 1 and September 1. Maturity. $l,OOU yearly on March 1 from 1906 to 1920,
inclusive. Certified check for $100, payable to the City
Treasurer, required.
Accrued interest to be paid by purchaser.
Buffalo, N. l.—Bond Isme.-The issuance of $16,086 88 8^
1-year department-ol-public works bonds dated Oct. 1, 19('4,
has been authorized. These bonds are to be taken at par by
the Erie Rallroud Grade-Crossing Sinking Fund as an in-
vestment.
BondB Sold in Part.— On October 11 the $150,000 3^* 1-20year (serial) reglsteied contolidated school-loan boiids deFcribfd in V. 79, p. 14H0, were awarded to W. J. Hayes &
Sons, Cleveland, at 100-58 and interest. No proposals were
received for the other two iesnes of 8J^* bonds offered at the
same time. Following are the bide received for the school
bonds:
IWSl
W. J. Hayes A Sons, Cleveland. ino-rs Parkinson A Burr. Boston
I
Buffalo (Jermanta Ins. Co
100-50
I
Caldwell, N. 3.— Bonos Proiiosed,— At a meeting of the
City Council held October 8 a special committee apE)ointed to look into the sewer question recommended the
Bsuance of b;ndH for that purpose to the amount of $40,000.
This place on Septemtier 24
Canon, {iia.—Bond Offering
unanimously (42 to 0) voted to Issue $6,000 6jf school-building boncle to mature $1,000 every 5 years, beginning Dec. 1,
19U9. Proposals for these bonds will be received until 6 r. m,,
—
—
THE CHRONICLE.
1660
by Dr. A. N. Bowers, Mayor. Date of ietne,
Sncceesfnl bidder to furnish blank bonds. Cer
tlfied check for 2^i rf qnired.
Catawlsstt (Pa.) School District.— Bond Sa/«.— The School
Board recently sold to varions parties an Issue of |10,800
bonds.
Cellna, Ohio.— Bond OiTerinor.— Proposals will be received
nntll 12 M., November 2, by F. H. Kreneoh, Village Clerk,
for 142,000 4^$ funding bonds.
Denomination, |500. Date,
Nov. 1, 1904. Interest, semiannual. Maturity, $500 each
six months from Nov. 1, 1912, to May 1, 1954, inclusive. Certified check for 6% of the amount of bonds bid for, payable
to the TreaFurer of the Village of Celina, required.
Central Covington, Kj.—Bond Sale.— Tho Town Trustees,
it is stated, have sold to the People's Savings Bank & Trust
Co. an issue of $10,000 6% 1-10-year (serial) improvement bonds
at 104.
Cbloopee, Mass.— Temporary Loan.— It is stated that this
city has borrowed from the Cbicopee Savings Bank until
November H the sum of $10,000 at 4% discount.
Cincinnati (Ohio) Schoul District.— 5o/ids Authorized.—
The Board of Elacatioa on October 3 ptissel a resolution to
issup ^175.000 4^ 40- year school-repair bonds.
November
Deo.
1,
18,
1904.
Clark, Aitkin Connty, MLlnn,— Soni« Not SoZd.— No Jsale
has yet been made of the |3,000 Rjt 20year road bonds offered
on Auer. 24. See V. 79, p 693, for des3riptlon of bonds.
ClarkSTille, Texas.- Bonds Not Ytt ao/d.— No sale has
yet been made of the $30,000 i% water-works bonds offered
without success on September 1. See V. 79, p. 643, for description of bonds.
Cljde, Ohio.— Bonds Voted.— This village, by a vote of 302
to 26, has authorized the iseuance of |8,400 il4i water-works
bonds. Full details of issue and date of sale not yet deter-
mined.
CoaJport, Pa.— Bond O^eringr.— Proposals will be received
until b p. M., October 20, by Harry Harkins, Chairman of
Finance Committee, for |8,40D 5% 10-80- year (optional) water
bonds. Denominations, |100 and $500. Date, Nov. 1, 1904.
Bonds are exempt from taxation. The borough has no debt
at present.
Colambas, Ohio.— Bond S'aZe.— The sinking fund of this
city has purchased at par and interest the following bonds:
*4,000 i% Winner Avenue bonds, dated Feb. 1, 1BC4. Maturity, March 1, 1916.
subject to call March i. 1905.
5,000 4% Broad Street b( nds, dated Feb. 1, 1904. Maturity, March 1, 1915, subject to call March 1, 1806.
10.000 4% Scioto Bam bonds, dated Feb. 27, 1904. Maturity, April 1, 1934, gubjecttocall April 1.1914.
27,0C0 i% levee bonds, cated Oct. 26, 1903. Maturity, Sept. 1. 1933, subject to
call Sept. 1, 1S*13.
10,000 IS i<treet-intersection bonds, dated Sept. 28, 1903. Maturity, Sept. 1,
1913.
Fund Bonds Sold. — The sinking fund has sold to
Hayes & Sons, Cleveland, $60,000 4% epidemic bonds
held in that fund as an investment. The price paid was par,
accrued interest and a premium of $350. The bonds were
issued in 1900 and mature June 1, 1920, subject to call after
June 1, 1910.
Bond Offering.—The trustees of the sinking fund, Martin
Sinkii g
W.
J.
A. G-emunder, Secretary, will offer for sale at 3 p. m,, October 21, the following bonds now held in the lund as an investment
:
tk7,000 4% levee bonds, dated Oct. 26, 1903. Maturity, Sept. 1, 1933, subject to
call Sept. 1, 1»13.
65,000 i% electric light bonds, dated Oct. 26, 1903. Maturity, Sept. 1, 1933,
subject to cail Sept. 1, 19ia.
98,000 4» Scioto Dam bouds. dated Feb. 27, 1904. Maturity, April 1, 1934, subject to call April I, 1914.
200,000 *% sewage dli'posal bonds, dated Deo. 29, 1903. Maturity. Sept. 1, 1933,
subject to call Sept. 1, 1918,
The first three issues will be delivered Nov. 1, 1904, and
the last named on Nov. 15. Interest will be payable semiannually on the first two issues at the office of the City Treasurer and on the last two at the fiscal agency of the city in
New York
City.
ConnersTille, Ind.— Bids.— Following are the bids received October 1 for the $24,000 4% funding bonds awarded,
Kiser of Indianapolis
as stated last \^e'-k, to Meyer
Meyer &Kiser,IndianapoIls.. 124,806 00 W. R. Todd &.Co.. Clncin.... 124.385 00
&
:
I
J. F.
E. D.
Wild
s,
Co.. Ino'MpoliB.. ;i!4,802 00
Co., Indian'lls.. 24,h00 00
Bush &
I
Farson, Leach &Co..Chlcsso. iJ4.250 00
MacDonald. McCoy 4Co.,Chi. 24.031 tO
24,740 00 John Nuveen
R. KleyDolte & <;o., CIncln.
Seasongood & Mayer, CIncln. 24.6;'0 50
.
.
i
&
Co., Chicago. 24,000 00
I
Pa.— Bond
6'aie.— The $6,500
coupon bonds offered as 43^ per cents ou September 27 have
been awarded as 5 per cents to Lamprecht Bros.
Co. of
Cleveland at par. See V. 79, p. 1292.
Corsicaoa, Texas.— Bond Election.— It is stated that at the
election November 8 the question of issuing 5% bonds for the
purchase and maintenance of a water system will be submitted to a vote of the people.
Crestline, Ohio.— i?ond Election.— At the coming election
this place will vote on the question of issuing $75,000 waterworks bonds. These bonds were authorized at the election
held September 17, but the Act under which the election was
held has been assailed in the courts and the city authorities
have therefore determined to hold an election under another
Couyray, Beaver touniy,
&
law.
Crestline (Ohio) School District,— Bond jBfec^ion. —The
School Board has decided to submit to a vote of the people
at the election November 8 a proposition to issue $10,000
school- building bonds.
Dallas Texas.— «onds i2fflfis<ered.— The $80,003 4% schoolhouse bonds mentioned in the Chronicle August 20 were
registered by the State Comptroller on October 8. Securities
are dated July 1, 1904, and will mature one bond yearly for
forty years.
Dallas County, Texas.— Bond Election.— At the coming
ekction a vote will be taken on the question of increasing
[Vol. Lxxix,
the interest rate of the t500,COO bridge bonds voted over a
year ago from S%, as then authorized, to if. The county has
not been able to find a purchaser for 3f bonds.
Dajtou, Ohio.— Bond OjTerin^. —Proposals will be received
until 12 M., November 12. by Edward Phllipps. City Auditor,
for $25,000 6^ Wyoming S.reet paving bonds. Denomination,
"iOO.
Date, Nov. 1, 1904. Interest eemi-annually in New
York City. Maturity, |2,500 yearly on November 1 from
1906 to 1915, inclusive. Certified check for |l,250, drawn on
a national bank and payable, without conditions, to the Auditor of the city of Dayton, reqalred.
Deadwood, S. Dak.— Bond Election.— An election will be
held October 22 to vote on the question of issuing $130,000
bonds for a water system.
Deadwood (8. Dak.) School District —Bond Offering.—
Proposals will be received until 8pm., November 11, by C.
W. Matson, Clerk of the Board of E'Jucation, for $35,000
10-20-year (optional) high-school bonds. Denomination, |500.
Dite, Nov, 1, lt04. Certified check for b% required.
Defiance, Ohio.— Bond 6'aie.— This city, it is stated, sold
Trust Co. of Cinon October 1 to the Union Sivings Bink
cinnati $50,000 4}ii and $47,000 4% refunding Maumee River
bridge bonds.
Bonds Not Sold.— Only one bid was received on October 3
for the $1,500 %% Frances Street bonds described in V. 79, p.
1292.
The bid was rejected.
Bonds Authorized.— The City Council has authorized the
iesnance of $9,000 refunding bonds.
Bonds Authorized.—The City Council on September 16
passed a resolution to issue $50,000 4%i refunding bonds.
Danomination, $1,000. Date, Oct. 1, 1904. Interest semiannually at the First National Bank of New York City.
Maturity, Oct. 1, 1924.
Denver, Colo, Bonds Authorized.— The following bond
issues have been authorized by the Council of the city and
M
&
county of Denver:
coupon funding bonds. Denomlni.tlon, 11.000, except one
bond for ^Tiill. D»te, Oct. 1,1904. Interest semi-annually at
I540,7;22 77 656 gold
the office of the Treasurt-r or at the Mercantile Trust Co., New
York City. Maturity, Oct. 1, 1>'19.
coupon refundicg bonds. Denomination, fl.OCO, except
one bond for $(.'9 50. Date, Oct. 1, 1904. Interest semi-annually
at the office of the Treasurer or at the Mercantile Trust Co., New
York City. Maturity, Oct. 1, 1919.
75g,759 50 6% gold
DonaldsouTilte, La.- Bonda Ao< Yet Sold.— No sale has
yet been made cf the $30,0C0 5% 1-10-year (serial) water-wcrksextension bonds deaciibed in V. 79, p. 926.
Dothan, Ala.— Bonds Not Yet Sold.— No sale has yet been
made of the $20,000 !i% paving, water and electric light bonds
mentioned in the Chronicle August 20 and July 2.
Douglas County (Wash.) School District No 99.-Bo»d
Sale.— Ou September 16 $1,200 5% bonds of this district were
awarded to the State of Washington at par. Denomination,
Interest, annual. Maturity,
$100. Date, Sept. 16, 1904.
Sept. 10, 1909, subject to call after one year.
Dabiin, Gta.—Bond Blection.—An election has been called
for October 25 (date changed from October 10) to vote on the
question of issuing $20,000 city hall, $15,000 water-main and
sewer-extension, $5,000 fire-department-improvement, $3,000
electric-light-plant-improvement and $2,0J0 school-building-
annex bonds— total, $45,0C0.
Daiuth (HI nn.) Independent School District.- Bond Sale.
—On October 7 the $l0u,000 4% 20-30-year (optional) bonds described in V. 79, p. 799, were awarded to W. J. Hayes &
Sons, Cleveland, at 101 006 and interest.
Dnqaesne, Pa— Bond Electton.—Oa November 8 the question of Issuing $85,000 street-improvement bonds will be submitted to a vote of the people.
Eagle Grove, Iowa.— Bond Oferingr.— Proposals will be received until 7 P. M., October 17, by M. K. Donovan, Mayor,
Date,
for the $10,C0O 4% bonds mentioned in V. 79, p, 1292.
Dec. 1, 19J4. Interest, semi-annual. Denomination, $1,000.
Maturity, one bond yearly, beginning Dec. 1, 1913.
Eldorado, Kan. -Bond Election.— An election will be held
November 1 to vote on the question of issuing $20,000 4% 1020-year (optional) railroad-aid bonds.
Emporia, y&.— Bonds Not Yet Sold.— No sale has yet been
maae of the $30,000 5* water, street and sewer bonds mentioned In V. 79, p. 1292 and 799.
Escanaba, Mich.- Loan Authorized.— The City Counoil has
authorized a temporary loan of $5,000 for three months at
not exceeding 6i interest.
ETanston (111.) School District No. I.— Bonds Defeated.—
This district on September 29 voted against a proposition to
issue $55,000 school- house bonds.
Feeley (Town), Minn.- oona O/ering.- Proposals will be
October 18, by F. J. Nagle, Town
received uutil 2 p, M
Clerk (P. O. Feeley), for $1,000 6% gold road bonds and $2,000
6% gold road bonds. Authoriiy, Chapter 86, Laws of 1908.
Dduomlnation, $500. Interest semi annually at the First
Ndtiouhl Bank ot Grand Rapids. Maturity, 20 years. An
unconditional ceitified check for $50, payable to the Town
Treasurer, rtq-^ired.
Fttchbnrg, Mass.- Bo?id« to be issued.-The issuance of
$13,000 High Street Grammar School repair bonds has been
authorized. These bond?, we are advised, will probably be
taken by the sinking fund as an investment.
Franklin, Pa.— Band SMe. -On October 7 an issue of $17,500 4% fuadicg bonds was awarded to Hayden, Miller & Co.
Danomiuation, $500. Date, July 1,
of Cleveland ac 100*371.
Maturity, $1,500 yearly.
Interest, semi-annual.
19"4.
Franklin tounty (P. 0. Colombas). Uhto.— Bond Offering. -Propos&ls viih be received until 12 m, October 35, by
the Turnpike Commissioners, at the office of the Connty And,
—
Oct.
-1
—
:
:
THE CHRONICLE.
15, 1904.
1061
5% Morrison and Boyd free-turnpike bonde.
Date, Nov. 1, 1904. Interest, semi-an-
Bank of Oklahoma City, the $2,200 mentioned in last week's
Chronicle being the denomination of the bonds and not the
The aggregate of the bonds sold
total amount of Issue.
nual. Maturity, $1,500 each six months from March 1, 1905,
to Sept. 1, 1907, inclusive, except in Sept., 1906, and Sept., was $35,200, being sixteen bonds of $2,200 each, and the issue
Authority, Section 4808 of is the same as awarded Mr. Turner last June. See V. 79,
1907. when 18,000 will mature.
page 117. Date, July 1, 1904. Interest, semi-annual. Mathe Revised Statutes of Ohio.
GainesTlUe, Texas.— Bonds Voted— Bond Offering.— By a turity, one bond yearly from five to twenty years after date
itor, for |10,0C0
Denomination, $500.
vote of 228 to 58, this city on September 29 authorized the
issuance of $25,000 5% 10-40-year (optional) city-hall bonds.
Offers for these bonds may be made at any time.
Grass Valley, Ore.— Bond Sale.— Thia city has sold to A. O.
Condit of Salem an issue of |10,000 6% water bonds at par.
These bonds, we have just been advised, are in denomination
of $1,000, dated Oat. 1, 1904, Interest, semi-annual. Maturity, Oct. 1. 1914, subject to call after Oit. 1, 1909.
Grimes County, Texa8.-Bond Sa/e. -The $5,000 ii 5-4Cyear (optional) road and bridge bonds registered by the State
Comptroller on September 16 have been sold to the Permanent School Fund of the county.
Hamilton County (P. 0. Cincinnati), Ohio.— Bond Election,— At the coming election November 8 the question of
issuing $225,000 toll-road-purchaee bonds and |210,000 Oakley Fair Ground purchase bonds will be submitted to a vote
of the people.
Harford County, Md.— Bonds Authorized. The issuance
of $25,CC0 oourt-houee addition bonds has been antborized.
Harrison Township School District, Gloucester County,
J}. J.— Bonds Fo^ed.— This district recently voted to issue
$2,7C0 school-house bonds.
Hebron, Wis.- Bonds to 6e Issued.- This place, it is stated,
will issue $6,000 bonds for a water system.
—
Henry County (P.O. Napoleon), Ohio.— Bond Sa?e.—The
$4,000 i%% coupon Washington Township road bonds offered
but not sold on September 10 have been placed at par with
the First National i3ank of Napoleon. See V. 79, p. 749, for
description of bonds.
Houston County (P. 0. Dothan), Ala.—Bond Offering.—
Proposals will be received until 12 M., November 7, by George
Date, Jan. 1,
Leslie, Probate Judge, for $80,000 5% bonds.
Maturity, Jan. 1, 1925. Cer1905. Interest, semiannual.
tified check for $2,500, payable to the above-named Probate
Judge, required.
HuwHrd School District Los Angeles County, Cal.— Bond
Offering, Proposals will be received until 2 p. M., Oct. 24,
by the County Board of Supervisors, for $4,000 5^ 3-9 -year
(serial) gold school house bonds of this district.
Denomination, $500.
Date, Oct. 24, 1904. Interest annually at the
oflfice of the County Treasurer.
Certified check for 5^ of the
par value of the bonds bid for, payable to the Chairman of
the Board of Supervisors, required.
Ilion, N. Y.— Bond <i)a/e.— On October 8 the |35,000 electiic-light bonds described In V. 79, p. 1293, were awarded
to W. J. Hayes & Sons, Cleveland, at 100*27 and Interest for
3'75 per cents.
Following are the bids
—
:
W.J. Hayes 4 Sons (for S-758).. 100-27
N. W.
& Co. (for 3-8Cs)..lcO-183
103-138
Kountze Bros, (for 4s)
I
Hams
Geo. M.
W.
K.
Hahn
Todd &
(for 4s)
Co. (for Is)
101-27
101-00
I
Kennedy Heights, Ohio.— Bond Ojfermsr.— Proposals will
be received until 12 m November 1, by H. H. Grant, Village
Clerk, for $2,600 b% 2a-ye8r street and sidewalk bonds. Denomination, $500. Date, Oct. 1, 1904. Interest, semi annual.
Accrued interest to be paid by purchaser. Certified check
for 5% of the bonds bid for required.
Koicomo, Ind. Bonds Authorized, It is stated that sewer
and street bonds have been authorized hy the City Council.
Lake Cltj (Iowa) School District.- Bonds Not Yet Sold.—
No sale, we are advised, has yet been made of the $8,000 ii4i
coupon school-house bonds described in V. 79, p. 799. Our
informant adds that objections have been made to tfce law
under wbich these bonds are proposed to be issued— namely.
Chapter 14, Title xill., Code of Iowa, as amended by the
Thirtieth Assembly.
Lake Preston, S. Dak.— Bonds Proposed.— A. petition is
being circulated ashiog the City Council to issue additional
city-hall and water-works bonds.
,
—
Laramie, Wyo.— Bonds Voted.— The election September 27
reenlled In a vute of 226 to 69 being cast In favor of Issuing
$12, COO reetrvolr bonds.
Details of Issue and date of sale not
yet determined.
Lebanon, Pa.— Bond Election.— At the coming election the
qutestion of issuing water bonds will be submitted to a vote
of the people.
Lemon School District, Los Angeles County, Cal.— Bond
Siile.-Oa October 4 $3,200 f)% bonds of this district were
awarded to the Los Angeles Trust Co. for $3,275 and Interest.
Denomination, $400. Date, Oct. 4, 1904. Interest, annual.
Maturity, $4U0 every other year from 1906 to 19i0, Inclusive.
Liberty Center, Ohio.— Bond O^enngf.— Proposals will be
received until 12 M., November 15, by J. S. Mires, Village
Clerk, for $9,500 5% coupon East Street Improvement b. nds.
Ddnomlnation, $950. Dite, 0>it. 1, 1904. Interest, semi annual. Maturity, $950 yearly on October 1 from 1905 to 1914,
Inclneive.
All bids are to te unconditional and accrued interest is to be paid by purchaser.
Certified check for $500
required.
Lime Schodl District, Tulare County, Cal.— Bond Sale.—
On Sept-Uiber 15, $2,000 8% bonds of this district were awarded to S. U. pHge at 109. Drntmination, $200. Date, Sept. 6,
1904.
Interest, annual.
Maturity, Sept. 6, 1914.
Logan touiity (Okie.) School District No. 75.— Bond
Saie. —
were misiulormed as to the amount of bonds
awarded to M. L. Turner, President of the Western National
We
of issue.
Lorain, Ohio.— Bond SaZe.—The following bids (all of
which were rejected) were received on October 3 for the
$106,000 4i^^street, the $21,000 5if sewer and the $4,000 4>^^
coupon water bonds described in V. 79, p. 1293 and 988
:
$10fi,000
Street Bo "ds.
$21, coo
14,000
Water Bdt.
New First National Bank, ICoIumbns. $106,067 50
$21,016 00
$4,010 00
106,025 00
21,013 no
Prov. Sav. Bank & Trust Co., Clncln.
4,010 CO
106,022 00
81,008 00
4,000 00
W. J. Hayes & Sons. Cleveland
A Kleybolte & Co., Cincinnati, offered a pieminm of $68 for all threellssues.
Sewer Bds.
.
On October 7 the bonds were sold at private sale to Fuller,
Parsons & Snyder of Cleveland at a premium of $400.
Los Nietos Valley Union High School District, Los Angeles County, Cal. Bonds Defeated.— This district on September 27 defeated a proposition to Issue $20,000 bonds. The
vote was 303 for to 154 against a two-thirds vote being
necessary to authorize. This is the second time this proposition has failed.
Lucas County (P. 0. Toledo), Ohio.— Bond Sale,— Oa October 6 the $75,0C0 4i^% bridge- improvement bonds described in
V. 79, p. 1051, were awarded to W. J. Hayes & Sons, Cleveland, at 106. Followlne are the bids
W. J. Hayes* Sons. Cleve.. $79,500 00 Prov. Sav. B'k&Tr. Co., Cin.$:8,410C0
7H,375 00
Seasongood & Mayer, Clnoln. :9.32e 25 8. Kuhn & Sons. Clncin
Sec. 88v.Bk.&Tr.Co.,Toledo. "lO.Sl* 60 Merch. Nat. Bank, Toledo... 78,276(0
N. W. Harris & Co.. Chlcauo. 79,186 00 A. Kleybolte & Co., Cincin... 78,8S;7CjO
';9,188 60
Union Sav. Bk.&Tr. Co., Cln.. 78,190 00
Spltzer & Co., Toledo
79,025 00 New Ist Nat. Bk. Columbus. 78,037 50
R. Klevbolte & Co.. Cincin.
Cincinnati.
78,077
00 Lamprecht Bros.& Co.. Cleve. 78.01100
Third Nat. Bank,
Hayden, Miller A Co., Cleve. 7»,900 00 Atlas Nat. Banfe, Cincinnati.. 78,000 00
77,655 75
AlbertC. Case, New York.... ; 8,900 00 P. S. BrluKs & Co., Clnclu
Well, Rotb * Co.. Cincinnati, 78,762 00 8. A. Kean, Chloago
77.176 00
—
!
I
i
.
.
I
1
1
I
W.K.Todd
St.
Co.,Cinr jnatl.. 78.5C0 00
|
LuOiugton, Mich.— BoT«d /Sa/e.— It is stated that the $20,000 street-improvement bonds mentioned in V, 79, p. 117,
have been sold to Chicago parties.
Macon, (Ja.— Bond EUction. Proposed.- The Mayor has Introduced in the City Council an ordinance providing for an
election December 13 to vote on the question of issuiog $175,000 i^% bonds to retire the floating debt of the city. The
bonds are to mature $7,000 in eight years and |8,0C0 yearly
thereafter.
Madoc, Hastings County, Out.— Debenture O^eriwgr.— Proposals will be received until 10 A. M , Oct. 20, by B. O'Hara,
Village Clerk, for $9,000 4<g debentures, maturing part yearly
for twenty years.
Mansfield, Ohio.— BoTids Authorized. The issuance of
110,000 5% Carnegie-library-slte bonds has been authorized.
—
Denomination, $1,000.
Mansfield (Ohio) School District.-Bond O^ermgr.— Proposals will be received until 2 p. M , November 1, by W. C.
Mowry, District Clerk, for $15,000 4t}4i high-school-improvement bonds. Danomination, $l,00a. Date, Nov. 1,
Interest, semi-annual. Maturity, $3,000 yearly on No1904.
vember 1 from 1915 to 1919, inclusive. Bids must be made
on blanks furnished by the Board of Education.
local
certified check for 10^ of the bonds bid for, payable to the
Clerk of the Board of Education, required. Bidders must
satisfy themselves as to the legality of the bonds before bidding, as all conditional bids will be rejected.
Mapleton (Village), Minn.— Bond Election.— An eleotion
will be held In this village on October 18 to vote on the question of Issuing $6,000 5% funding and $5,000 5% refunding
bonds. Denomination, $1,000, Interest, semi-annual. Assessed valuation, $263,184,
A
Marion, Ohio.— Bonds Authorized,—The City Council on
September 26 authorized the issuance of $14,600 4:% Church
Street improvement bonds. Denomination, $730. Date, not
later than Nov. 10, 1904.
Interest, March 1 and September 1
at the office of the City Treasurer. Maturity, |730 each six
months from March 1, 1906, to Sept. 1, 1915, inclusive.
Marion County, Miss.— Bond Elect on.— The question of
issuing $50,000 court-house bonds will be submitted to a vote
of the people at the coming election.
Massiliun, Ohio.— Bond Election.— At the
tion the question of Issuing $200,000
be submitted to a vote of the people.
November
elec-
water-works bonds will
Medina, Ohio.— Bids.- Following are the bids received
September 26 for the $5,644 5% and the $5,C00 6% street bonds
awarded, as stated last week, to Seasongood «& Mayer of
Cincinnati
Seasongood & Mayer. Cincinnati
Aluerl Kleybolte A Co Cinoluuati
Weil, Koth & Co., Cincinnati
W.J. Hayes & Sons. Cleveland.
IJeuison, Prior A Co., Cievelaod and Beaton
I, Hinprecht Bros. A Co., Cleveland
Union Savinas Hank A Trvist Co
b. Kubn 4 Sons, Cincinnati
,
$6,644 Bmdl,
$5,9S6 tO
5,^76 Ol*
6,87« 00
5,HT0 00
6,864 CO
6,>'6h Ot
6.839 00
6,814 00
$5,000 Bds.
$6,408 30
6,!il2 BO
5,377 50
6.81900
S.S.ST^S
6,S,S2
60
5,319 00
6,360 00
Melrose, Mass. -Loan Authorized.— A loan of $10,000 for
water oonstrnctlon has been authorized.
Mercer County, N. J.— Loan Authorized.-The Board of
Chopen Freeholders recently author zed a loan of $40,000 in
anticipation of the collection of taxes.
Mlllersbnrg, Ohio.— Bonds Authorized.-The issuance of
(eeiial) street-improvement bonds has
$9,062 5% 1-10-year
Leen authorized.
.fllnueupoliit, Minn.— Bond .B/ection.— The City Council
has decided to submit to a vole of the people a proposition to
issue $1,000,(100 filtration plant bonds; aleo a proposition to
Iseue $2C0,0U0 school bonds.
[Vol. Lxxix.
THE CHRONICLE.
1662
Two-thirds of the total vote cast was necessary to au-
Mobile t'onnty, kla.-Bond Election.— An election will be
aa o"Ki°'i"y reported in
November 8 (not November 10.
$200,000
local papers), to vote on the qaeation of iaanlng
held
thorize.
Oakland, Neb.— Bond Sale.— On October 3 the $7,000 lighting and the $5,500 refunding n^r 10.20year (optional) coupon
bonds described in V. 79, p. 1294, were awarded to Albert C.
.
„_
turity, 2'J years.
„
,
Case, New York City, at 101 -424 and interest.
of
$39,iasue
an
6
October
On
Sate.Bond
Pa.—
Monaca.
Orange, N. J.— Bond Ordinance Passes.- An ordinance to
water
868 75 i%i 20-year (average) refunding, grading and
take
the place of the one recently vetoed by the Mayor wag
Ubipago
of
Co.
Niver
Trowbridge
bonds was awarded to
by the City Council on October 10 authorizing the
passed
1904.
Jaly
Date,
1,
for $975 premium. Denomination, |1,000.
Issuance
of $125,000 i% 30 year s^ihool bonds, bids to be reInterest, seml-annaal.
,, •
*
n. ceived on December 5. The Mayor has fourteen days in
Cal.-DeMoorpark School District, Tentora Conitf,
gold which to approve or veto this ordinance.
scription of Bonds.— We are Informed that the |1,000 5^
Bank
OBwegatchie (Town), N. Y.-Bond Bid* —Following are
Oakland
the
to
September
7
on
awarded
bonds
school
bids received October 1 for the $20,000 i% town-hall
the
denomin
are
1355,
V.
in
p,
stated
79,
as
100
50,
of Savings at
awarded, as stated last week, to Lawrence Barnum
bonds
Maannual.
Interest,
1904,
Ang.
8,
ination of $100. Date,
New York City
Co.
of
turity, one bond yearly.
^ ^ ^ .. o,.^ »o nnn
00 OddensbtirK Bank and NaMount Gilead, i)hUK-Bond 8ale.-0n October 8 the $8,000 Lawrence Barnum *Co.,N.Y. 120,602
tlonal Bank of O(:(3en»bnrK.»20.160 00
20 812 00
the Mount Gilead K 7) S°l,pnard A Co N Y
to
awarded
were
bonds
improvement
Qi
1. W Sherrlll. Pou«hkeep8le. 20,064 00
w 'i: &"/» *ons>leve... ks^ 2 00
Other bide also received.
20,286 00
National Bank at 108437. Denominations, six of $1,125 each B. SeimoariCo. N.Y
20,226 00
ueo. M. Uahn, New i:ork
and one for $1,250. Date, Sept. 1, 1904. Interest, semi- an.
Mancie, luA.— Bonds Propoaed.— Petitions are being cirOxford, Pa.— Bond Election.— At the coming election~No^
culated, according to reports, asking the City Counoil to vember 8 the citizens of this place will vote on the question
^ „ ,^
issue $100,000 city-building bonds.
_,. ,
of ispnicg $20,000 water-eupplyimprovement bonds.
„.
,,
Mnscutine, Iowa.—Bonds Voted and SoJd.- This city, at
Oxford (Pa.) School District.- Bond Sale,— Oa October 11
of
$60,the election held October 10, authorized the issuance
the $21,000 i% coupon building bonds described in V. 79. p.
000 5% second mortgage water bonds by a vote of 581 to 58, 1491, were awarded to the Farmers' National Bank of OxThese bonds have already been sold to local banks. Denom- ford'at 100125.
^.^
„,
^
ination, $1,000. Date, Oct. 15, 1904. Interest Bemi-annually
Passaic, N. J.— Bonds A«f7iori«ei.— The City Council on
the
secure
To
Muscatine.
of
Bank
at the First National
October 5 passed a resolution to issue $20,000 i% 20-year
payment of these bonds the city pledges the net revenues to school bonds. Denomination, $1,000. Date, Oct. 1, 1904.
be derived from the operation of the water works and also Interest, semiannual.
.,,
.
,
the proceeds of a two-mill einking fund tax and a four-mill
Paulding, Ohio.— Bond Q^crinfif,— Proposals will be rewater tax levy, subject only to the payment of the principal ceived until 12 M,, November 1, by E. A. Ream, Village
and interest on the outstanding first mortgage water bonds. Clerk, for $6,115 4J^^ debt-extension bonds. Dsnomination,
Date, Nov. 1, 1904. InBonds are exempt from city taxes.
$1,C00, except one bond for $1,115.
Navarro County, Tex.— /?ond Election,—Th\B county will terest, semi annual. Maturity, one bond yearly beginning
vote at the election November 8 on the question of increasing 20 years after date. Certified check for $100, payable to
the interest rate on the proposed issue of $150,000 court-house theVillage Treasurer, required. Accrued interest to be paid
bonds from 8% (as voted over a year ago) to i%.
by purchaser.
., , ,
.»-r
,
i.
stated in
New Albany, Ind.— Description of Bonds,—
Pembroke, Ont.— Debentures Not Yet Sold.— No sale has
had
Council
Common
the
that
not
ago
but
weeks
offered
two
Chronicle
debentures
the
yet been made of the $35,885 19 4^
decided to build a system of sewers at an estimated cost of disposed of on August 15. The city is holding these securities
are advised that bonds will not be issued until for a bid of at least par and interest. See V. 79, p. 645, for
$175,000.
the sewers are completed, which will probably not be in less description of securities.
than a year, and also that the contrsot will provide that the
Perth Amhoy, N. i.— Bonds Authorized.— The City Councontractor tor the work must take the bonds in payment of cil on September 19 passed an ordinance providing for the
the cost of improvement. The bonds will be issued under issuance of $54,000 i% 30-year school bonds. Ddnomination,
the improvement law passed by the General Assembly in $1,000. Date, Sept. 1, 1904.
a ^ io
1901 and will mature one-tenth yearly. Interest 5%, payable
Pittsburg, Texas.— Bond* Foted.— The election Sept. 13
Bemi-annually. They will not be direct obligations of the resulted in a vote of 61 to 2 being cast in favor of the issucity, but assessment bonds against the property benefited.
ance of $7,500 i% 40-year water-works bonds. Date of sale
New Albany, Miss.- Bonds Not Sold—Bond Offering.— No not yet determined.
sale has yet been made of the $20,000 5-2i}-year (optional)
Pleasant Ridge, Ohio.— Bond O/ertng.— Proposals will
Proelectric- light and water bonds offered on September «.
received until 12 m., Nov. 8, by J. B. Hayden, Village
be
posals are again asked for, this time until October 21. E. M. Clerk, for $5,500
street-improvement bonds. DenominaOwen is City Clerk.
Date, May 25, 1900. Interest semi-annually.
„, . . x ^t o tion, $500.
Newark Union Free Sehooi and Academy Distritt No. 8, Maturity, 15 years. Authority, Section 2835 of the Revised
Town of Arcadia, Wajne County, N. Y.—Bond iiale.—Oa Statutes of Ohio. Certified check on a national bank for 5
school bonds described In V. 79, p. per cent of bonds bid for, payable to the Village Clerk, reOctober 10 the $7,000
1491, were awarded to the First National Bank of Newark.
Newburg, Ohio.— Bo»id OJ^eringf.- Proposals will be re- ^Vnn'y (Town), Aitkin County, Minn.— Bonds Not Sold,—
ceived until 12 M., November 12, by Frederick W. Green, The $2,700 road and bridge bonds offered on Octjber 8 were
City Auditor, for the following bonds:
not sold. Bonds will be re-advertised in the near future.
Interest, semlMay
dated
1. 1904.
bonds,
t
street-lmproveme'
64
800
70
tS8
See V. 79, p. 1856, for description of bonds.
•"•°
'
annual Maturity, «1.800 70 May 1, 1806. and »3,000 yearly on May 1
Plymouth, mch.-Date of Sale Not Determined,— Ho
irom 1906 to 1914, inclusive.
•
t
annual.
730 69 6% street-lmprovemeDt bonds, dated May 1, 1904. Interest,
date has yet been set for the sale of the $15,000 public-imannua). provement bonds recently voted.
^ . T^ , J
749 53 6% street-Tlnprovement' bonds, dated May 1. 1904. Interest,
Maturity, Nov. 1. 1909.
Poland, N. Y.-Bond Sate.— The National Bank of Poland
bonds.
Interest will be payable at the South Cleveland Banking has purchased at par an issue of $16,000 dhii water
furnished
Interest, annual.
forms
1904.
blank
on
made
Oct.
1,
be
Date,
to
Bids
$500.
Denomination,
Cleveland.
of
Co,
by the City Auditor. Certified check for 5^ of the amount of Maturity, Oct. 1, 1924, subject to call on any interest-paying
bonds bid for, payable to the Treasurer of the city of New- date.
.„ .
,
reburg, required.
Pontotoc, Miss.— Bond OJTertno.- Proposals will
„,
_
,
will
be
reNewbargb, N. Y.—Bond O^ertng.— Proposals
ceived until November 1 by John D. Simmons, Clerk Board
ceived until 4 P. M., October 17, by Jonathan D. Wilson, of Aldtrmen. for $4,000 6<J coupon street-improvement bonds.
Mayor, for $12,000 4? registered fire-department bonds. Date Authority, Sections 3C14, 8015 and 3016, Code of 1892. Daof bonds, Nov. 1, 1904. Interest semi annually at the office nomination, $100. Date, Jan. 1. 1905. Interest annually
Jan.
of the City Treasurer. Maturity, one-tenth yearly.
Pontotoc. Maturity, Jan. 1. 1925, subject to call after
New Castle, Pa.— Bond Sale.- Oa October 10 the $25,000 1 1910. Bonded debt, including this issue, $9,80[). Aesessed
in V. 79, p. 1356, were valuation 1904, $333,000.
4<S electric-light bonds described
yet been
awarded to the Citizenfa' National Bank of New Cattle at
P(,ny, Mont.-Bo«d« Not Yet So/d.— No sale has
August,
in
offered
bonda
watpr
This was the only bid received.
100*50.
$20,000
5%
the
of
effected
Norristown (Pa.) School District.— Bond Sale,—The $20,- 1903. We are advised that no effort will probably be made
000 '6}4% Bohool-building bonds offered but not awarded on lor a year or two to dispose of these bonds.
September 20 have been placed with local investors at par.
Portsmouth, Va.— Bands Proposed.-The issuance of
See V. 79, p, 988, for description of bonds.
BcboDl- house bonds is v^eing considered.
,,
,
o
are inOak Harbor, Ohio.- Description of Bonds.—
Potsdam (N. ¥.) Union Free School District No. S.-stated
(Berial)
1-4-year
formed that the $5,000 51 Main Street bonds which we
Bond tiale.-On Octoher 10 the $4,000
last week had been sold were taken by local banks at par. sahool- house-addition bonds were awarded $3,600 to the CitDenomination, $500. Date, Aug. 10, 1904. Interest, semi- izens' National Bank at 100 125 and $500 to C. Flint at 100'25.
Savings
annual. Maturity, $1,000 yearly.
bid of par was also received from the Watei town
Oakland, Cal.— Bonds 7)c/ea<ed,— The proposition to issue Bank and one of 10005 from S, A. Kean of Chicago.
be re$2,492,000 bonds for various-improvements failed to carry at
Princeville. 111.— Bond ordering.- Proposals will
Village
the election held Sept. 27. The vote was as follows
ceived until 5 P. M., November 1, by F. W. Cutler,
coupon electric-light bonds. Denomlnar
For various parks and playgrounds, »1,020,850. Vote for, 4.061 and 8,118 (two Clerk, for $5,000
propositions) ii|,'aiU8t3.4iJl and 4 068.
Date. Oct. 10. 1904. Interest semi-annually in
tlon, $1,000.
For boulevards, *301,670. Vote. 3,^01 to 3,238.
1»1»
For sewers, »mi,4l0. Vote, «,93i to !J,174.
Princeville. Maturity, one bond yearly on April 15 from
For wharves. ^IB.l'OO. Vote, 6,tj0« to 9 18H.
yearly on April 16
to 1918, inclusive, subject to call $1,000
For drertglDK Lake Merrltt. |»H.4U0. Vote, 4,021 to 8,188.
this
For culverts, HH,tJ40. Vote. 4.360 to 2.76s!.
o„^ , „ „„„
from 1907 to 1911, inclusive. Bonded debt, including
For culverts, bridges and crosswalks »127,000. Vote, 4,884 to 2,3^3.
Assessed valuation 1908,
issue, $8 200; floating debt, $600.
polytechnic S( liool, ?14H,000. Vote, 4.t4.fO to 2,502.
and other bnllding bonds.
Interest not to exceed if.
jail
Ma-
&
&
:
I
1
We
We
H
H
..
i
^
,
m
We
.^
H
A
:
H
,
For
For oouipietlon public library. tl6,0oo. Vote. 4,482 to
For city hall and site. |6jo,uoO. Vote, 4.159 to 2,«58.
2,760.
$132,609.
—
—
Oct.
THE CHRONICLE.
15, 1904.]
Qaincj School District, Flnmaa County, C&l.—Bond Offering.— Fuxxher details are at band relative to the offering on
November 14 of $7,500 5% coupon school bonds. Proposals
will be received for these bonds until 10 A. M. on that day by
H. P. McBeth, County Auditor. Denomination, $500. Date,
July 12, 1904. Interest semi-annually at the office of the
Maturity, 30 years, subject to call after
15 years. Certified check on a national bank for $375, payable to the Treasurer of the county of Plumas, required. DisAssessed valuation, $186,231.
trict has no debt at present.
Is.— Bond Election,— It is stated that at the comBacine,
ing general election the question of issuing $65,000 bridge
bonds v?ill be submitted to a vote.
Baleigb, N. C.— Jfofio«d«PMrc^ased.— TheCommisssioner
of the Sinking Fund have received no tenders of bonds of
the city of Raleigh in response to their advertisement offering to purchase bonds of the city as an Investment of the
sinking fund.
Reading, Pa.— Bond Election.— At the election November 8
the question of issuing $945,000 4.% improvement bonds, to
mature $109,000 every five years, vpill be submitted to a vote
of the people. These bonds are to take the place of those
voted at the spring election, which were declared invalid.
County Treasurer.
^
See V.
79, p. 798.
Redlands School District, San Bernardino Connty, Cal.
—Bond Election. —It is stated that an election will be held
October 22 to vote on the question of issuing $10,000 additional school bonds.
Bice Blver, Aitkin County, Minn.— Bond 0^«rtnflr.— Proposals will be received until 10 a. m,, October 31, by Oscar
Anderson, Town Clerk (P. O. Ronald), for $4,000 road and
bridge bonds at not exceeding 6% interest. Authority, Chapter 86, Laws of 1903. Date, Aug. 1, 1904. Interest, annual.
Maturity, $266 yearly, beginning 15 years after date, except
the last payment, which will be for $276.
Richmond, Ta.— Bonds fVojposed.— Mayor Carlton McCarthy> in a recent message to the City Council, recommends
that action be taken at once looking to the issuance of $55,600 i% 84 year bonds, to take up a like amount of 6 per cents
maturing Jan. 1, 1905.
Biver B(*nge School District No.
4,
Ecorse Township,
1663
Action on bids was postponed. See V. 79, p. 989, for description of bonds.
Sausalito (Cal.) School District.- Bonds Fofed.— The isuance of $30,000 school- building bonds was authorized at an
election held Sept. 28.
Snohomish County, Wash,— Bonds Propoaed-The County
Commissioners are considering the advisability of calling an
election to vote on the issuance of $200,000 bonds to take up
outstanding warrants and for road purposes.
South Omaha, Meb. Bond Election. The question of issuing $70,000 city-hall and $40,000 park bonds will be voted
on at the election November 8.
—
—
Steelton, Pa.—Bond Election. At the coming election
8 the question of Issuing $30,000 funding, $25,000
Front Street paving, $10,000 pumping station and $40,000
water-plant improvement bonds will be submitted to a vote
of the peoole.
Snffleld, Conn.— Bonds Foied.- This town on Oct. 3 voted
registered bonds to retire outstanding
to issue $42,500
notes. Bonds will mature serially from 1906 to 1923, inclusive.
C. C. Bissell has been appointed Chairman of a committee to arrange for the details for the sale of these bonds.
Summit County (P. 0. Akron), Ohio.— Bond Election.—
The question of issuing $275,000 new- court-house bonds will
be submitted to a vote on November 8.
Sussex (N. J.) School District.- Bond 8ale.—0n Oct. 8, of
gold coupon bonds described in V. 79, p. 1054,
the $16,000
$10,000 were awarded as follows at an average price of
about 103
$5,000 Philip 8. Saracool, Newton
$1,000
A.J. Canfleld, BranchvlUe
2,000 Andrew M. Morris, Papakaticg.. 1,000
Seth Preston, Sussex
1,000
Wm. A. Roy, Newton
Swissvale (Pa.) School District.- Bonds Not Sold.—l^o
satisfactory bids were received on Oct. 3 for the $41,000 i%
coupon school bonds described in V. 79, p. 1358.
Tampa, Via.— Bond Election,— The City Council on September 27 passed an ordinance providing for the submission
to a vote of the people at the election November 8 of the
question of issuing $300,000 20-50-year (optional) bonds at not
exceeding 6% interest, thus reducing the amount originally
proposed from $500,000, as given in the Chronicle Oct. 1.
The issue, if authoiized, will be used $100,000 for sewers and
$200,000 for street improvements. The Mayor approved the
November
H
H
:
1
|
Mich.— Bond O^ering.— Proposals will be received until 8
p. M to-day (Oct. 15) by James F. Rlopelle, Director, for ordinance on September
29.
—
and $4,2C0 80-year bonds at not exceeding 5%
Tara, Ont. Debenture Offering. Proposals will be reSuccessful bidder to furnish blank bonds. Certi- ceived until November 1 by J. D. Tobey, Village Clerk, for
interest.
fied check for $500 required,
$6,056 18 debentures, maturing part yearly for 20 years.
Busk (Texas) School District.—Bonds Fofed.— This disTopeka, Kan.— Bond Election Proposed,— An ordinance
trict on September 24 voted to issue $14,000 school-house was recently introduced in the City Council providing for an
bonds. This is the second time these bonds have been au- election to vote on the question of issuing $15,000 6% viaduct
thorized, the first election held in July last having been de- bonds.
clared void by the Attorney-General on technical grounds.
Trenton, N. J.— Bond Sale.— On October 10 the $569,000 4^
Sac City (Iowa) School District.— Bond Section.— The 80-year registered funding bonds described in V. 79, p. 1498,
called
an
22
School Board has
election October
to vote on were awarded to Harvey Fisk & Sons, New York City, at
the question of issuing $15,000 i^i 5 10-year (optional) 110-77. Following are the bids
school-house bonds.
Harvey Fisk & Sons, New York.U0"77 N. W. Hal«ey & Co., New York. 108-877
Sacramento, Cal.— Bonds Fbfed.~The election October 5 Kstabrook & Co.. New York
110 66
W. J. Hayes & Sons, Cleveland. 108*7!}
M. Grant & Co., New York. .110-136 N. W. Harris & Co.. New York.. 108*274
resulted in favor of issuing $165,000 levee and drainage-im- R
110*077 W. B. R. Smith ,&Co.,N. Y
101*00
Rhoades & Richmond. N. Y
provement bonds.
Kountze Bros., N ew York
110031
Salisbury School District, Somerset County, Pa.— Bonds
Troy, Ohio.- Bonds Authorized.— The City Council on
Not Sold.— AU bids received Sept. 19 for the $13,650 5^ school September 13 passed an ordinance authorizing the issuance
bonds, described in V. 79, p. 1053, were rejected. Bonds will of $1,000 Q% coupon sidewalk bonds. Denomination, $100.
be reoffered for sale, we are advised, about the first of Interest semi-annually on March 1 and September 1. MaturJanuary.
ity, $100 eaoh six mouths from March 1, 1905, to Sept. 1, 1909,
Sandusky, Ohio.— Bond Q^erinflf. —Proposals will be re- inclusive,
ceived until 12 M, November 4, by Alex. M. Wagner, City
Yailsburg, N.fJ .—Bonds Authorized.—The Common CounAuditor, for $42,000 i% bonds, as follows:
cil has authorized the issuance of $10,000 sewer bonds.
Yaldosta, 6a.— BoTids Fofed.— The election October 11 re$27,000 i% coupon Hares Avenne Improvement bonds, maturlne $3,000 yearly
86,400 10-year
.•
on Sept. 1 from 1906 to 1913, inclusive. Denomination, $1,000,
coupon Madison, Monroe and Broadway sewer bonds, m-tturlng one
bond of $1,000 yearly.
6,000 i% coupon detention-hospital bonds, maturlncr In five yeara.
6,000 i% coupon Are engine bonds, maturing In five years.
8,000 It
All issues are dated Sept. 1, 1904. Denomination, $1,000.
Interest semi-annually at the office of the City Treasurer.
Certified check for $1,000 required.
Bids for each issue to be
made separately.
Sandy Hill, Washington Connty, N. Y.—Bond Offering,—
Proposals will be received until 1 p. M,, October 17, by D. J.
Sullivan, Village Clerk, for $36,774 paving bonds at not exceeding 5% interest. Securities are as follows:
$10,0CO Series "B" bonds of $400 each. Maturity, one bond yearly on August 1
from
to 1932, Inclusive.
26,774 Series "C" bonds of $1,070 96 each. Maturity,
gust 1 from 1808 to 1982, Inclusive.
1S<08
one bond yearly on Au-
"B" bonds represent the village's portion of the cost
paving and Series "C" that portion of the improvement
Series
of
assessed on the property owners. Both issues, however, are
stated to be "direct obligations of the village." Bonds are
dated Ang. 1, 1908. Interest semi-annually at the United
States Mortgage
Trust Co., New York City, which com
pany will certify to the genuineness of the bonds. Legality
of Issue win be approved by J. H. Caldwell, Esq., of New
York City. Accrued interest to be paid by purchaser. Certified check on a national bank for $1,000, payable to L
&
Clark Wright, Village Treasurer, required. Forms furnished
by the Village Clerk must be used in bidding.
San Francisco, Cal.— Bids.— Only bids for $277,000 of the
$4,678,600 (nine issues) S^i gold bonds were received on October
8.
They were
sulted in a vote of 281 to 13 being cast in favor of the issuance of $35,000 school bonds.
Waco, Texas.- Bonds Foied.— This city'on October 4 voted
to issue $306,000 6% water and $59,000 5% school bonds in place
of the 4 per cents authorized some time ago, but which the
city has been unable to dispose of at that rate.
As stated in
the Chronicle February 13, the city purchased the plant of
the Bell Water Co. early in the year, paying $105,000 cash
and giving a note for $800,000— the balance of the purchase
This note falls due April 1, 1905, and it is to pay the
price.
same that the water bonds above voted were authorized.
Wadena County, Minn.— Bond Offering. Proposals will
be received until 2 p. m., October 17, by the Board of County
Commissioners, care of Eugene Boss, County Auditor, for
$8,000 ditch bonds at not exceeding 6% interest.
Denomination, $5C'0.
Date, Sept. 22, 1904. Interest, annual. Maturity,
any time within ten years, at the option of the Board of
County Commissioners. Certified check for $300, payable to
the County Treasurer, required. Authority for issue. Section 17, Chapter 258, Laws of 1901, as amended by Section
10, Chapter 88, Laws of 1902.
Wauwatosa, Wis.- Bond 8ale.—Oa October 11 the $30,000
high-school-buildlng bonds described in V. 79, p. 1368,
wore awarded to Rudolph Kleybolte
Co., Cincinnati, at
100*856, accrued interest and blank bonds. Following are the
—
a
&
bids:
R. Kleybolte * Co..Clncln..»$80,!!67
ntlitens' Tr. Co.. Milwaukee. 3o,240
WlHconslnTr. Co.. .Milwaukee 30.160
farson. Leach A Co.. Chlo..
30.076
. .
as follows:
State Hoard of Examloer«. $260,000 playground bondi duo 1980 to 1046— par
and Inte'ost.
M. .1. Plnt»hek, fS.OOO school bonds due 1P16— 100*55 and Interest.
M. -T. I'latshPk. J-^.COO library bonds due 19«n— lno-7B and Interest.
M. .1. Pliimhpk. JS/iOo library bonds due 192?— lOO'ftO and Interest.
»l«.000 playground bondi due between 1914 and
iQii? 100083
,.S!'i'j„""'5«'" * ^"1944—
and mtereit.
*
And blank
00 K. H. Sherman & Co.. Chic. .•»»0,oa5 00
00 .Mason. Lewis * (^o.. Chicago. 'SiM 00 00
00 W.J. Mares * Sons. Cleve... 89.7H0 00
00 J. P. O'Brien & Co., Bolton. S9.700 00
1
|
1
|
.
bonds.
Waynesboro, Pa.— Bond Election Proposed.-We are advised that it is probable that at the coming general election
the question of Issuing $20,000 improvement bonds will be
sabmitted to a vote of the people.
.
THE CHRONICLE.
1604
Weatherford, Tex.— Bond Election lUegal.— The State
Attorney-Qeneral has rnled that tbe election Aug. 80, at
whicli !f25,000 sewer bonds were anthorfzed, was not legally
held and that tbe proposition must again be submitted to
the voters before the bonds can be issued, A new election
has been called for October 29
Wellln^toD, Ohio. -Bond O^erinp.— Proposals will be received until 12 M, 0>jt. 29, by F. A. Chapman, Village Clerk,
for fl,500 5J cjupon paving and curbing bonds, maturing
$1,000 Sept, 10, 19)8, and $500 Sept 10, 19u9; hIso |1,000
South Mnin Street bonds maturing Sept. 10, 1937. Denomination, $500.
Date, Sept. 10, 1904. Interest, semi-annual.
Accrued interest to be paid by purchaser. Certified check
for li'% of the amount of bonds bid for, payable to the Village
H
Treasurer, required.
West Faiiu Beach, Fla.— Bond OJ'ering.— Proposals will
be received until 10 a m. today (October 15) by the City
Clerk for the $9 000 6% street-improvement boada vo^^fd at
the election held Aug. 23. 1934
Dinomioation, $533. D ite,
Nov. 1, 1904. Intere3t, January 1 and July 1 at the offi ;e of
the City Treasurer. Maturity, Nov. 1, 1924, subj-jct to call
after Nov. 1, 1914. Bonded debt, including this isjue,|l4,000.
WilmiDgton, Yt.— Bonds to be issued.— This village has
voted to inptall a water system at an expense of $20,000.
Coupon bonds to that amount are to be Issued to pay the
Denomination, $1,000. Interest, Jan. 1 and July 1 at
cost.
the rate of i%. Maturity, |1, COO yearly, beginning 10 years
after date of leeue. The village has no debt at present.
TVoodbine (6oront$h), Cape May Coanty, N. J.— Bond
Proposals will be received until 8 p. M., Oct. 18,
Offering,
by the Chairman of Finance Committee, for |5,000 5% schoolbuilding bonds. Denomination, $100. Date, Dcc. 81, 1904.
Maturity, $500 yearly on December 81 from 1905 to 1912, inclusive, except in the years 1910 and 1911, when $1,000 will
mature. BDcded debt at present, $8,500. Assessed valua-
—
Bonds are dated Nov. 1, 1904. Interest will be payable
semi-annually at the office of the City Treasurer. Purchasers
must be prepared to take the bonds not later than Nov. 7,
1904, the money to be delivered at one of tbe city banks or at
the office of the City Treasurer. A certified check on a
Youngstown bank for 2% of the amount of bonds bid for,
payable to the City Auditor, must accompany proposals,
which must be made for each block separately.
bond Hale.- Oa Oct. 8 the $13,000 6% improvement bonds
were awarded to W. J. Hayes & Sons of Cleveland and the
$1,.500 5^ crofiswHlk bonds to Albert Kleybolte & Co. of
—
YonngstowD, Ohio.— Bond O/eringf.— Proposals will be received until 2 p, M., Oct. 31, by Wm. I. Davies, City Auditor, for the following bonds
$2,160 5% Mount Pleasant Street sewer bonds.
:
Maturity, t*90 yearly on Oct. 1
from 1906 to 1910, inclnslve.
766 6% Parmelee Avenue sewer bonds. Maturity, |161 yearly on Oct. 1 from
19 6 to 1910. Inclusive.
2,870 6> Joseph Street sewer bonds. Maturity, $474 yearly on Oct. 1
l«Oe to 1910. iDcluKive.
720 b% Furnace Street grading bonds. Maturity, $144 yearly on Oct. 1
IWieto 1910, Inclusive.
from
from
bids were as follows
:
$111,000
W.J. Hayes 4
Sons, CICTeland
8<>a>onifoud & Mayer. Cincinnati
Third National UhijIc, Cincinnati
Albert Kleybolte & Co.. Cincinnati
Hitydea. Miller ft Co.. Cleveland
Bondj.
ti.SOOBdt.
Jl<.87i 00
•
Firemen's Pension Fund
J3.63826
IK.SISoQ
$1,61000
13.613 00
1.622 00
14,90150
1327631
1,51005
See V. 79, p, 1296, for description of bonds.
Bond Offering,— Propoeala will be received until 2 p. M.,
October 20. by Wm. I. Davies, Clerk Sinking Fund Commission, for $38 000 4}/^i oity-prison bonds.
Denominations,
Date, July 1, 1904. Interest semi-an$1,000, $500 and $400.
nually at the office of the City Treasurer. Purchaser must
be prepared to take the bonds not later than Nov. 1, 1904. the
money to be delivered at one of the city banks or at the office
of the Sinking Fand Trustees.
A certified check on a
Youngstown bank for 2% of the amount of bonds bid for, payable to the Sinking Fucd Trustees, mu^t accompany proposals.
—
Bonds Authorized. The issuance of $5,000 5% improvement
bonds, maturing $1,000 yearly on Oct3b»r 1 from 1908 to
1910, inclusive, was authorized by the City Council on September 26, Denomination, $1,003.' Interest, semi-annual.
STATE AND CITY DEBTC HANGES.
Asheville, N. C- -C. T. Rawls, Mayor; A. Q. Halyburton,
Clerk.
County seat of Buncombe County Bonds can be issued only by vote
.
of people.
LOANS—
LOANS—
Wfien IHie.
City Hall and Market House—
Jan. 1,1920
58, J&J, $15,000
July 1,1921
68, J&J, 20,000
Apr.
A&O, $90,000
REFUi<DiNG Bonds—
1,
1924
4>28, ....,$40,000.... Jan. 1,
1934
68,
58,
J&J. $100,000
J&J, 100.000
Water Bonds—
J&J,
July 1,1916
July 1,1911
292,000
School Bonds—
July 1, 1921
J&J, $24,500
J&J, 10,000
July 1,1931
10,000
Apr 1,1932
J&J,
Bond, debt Mar. I, 1904. $991,500
58,
48,
48,
Sewer & Water Bonds—
68,
68.
WTunDue.
Streut Bonds—
6s J&T, $30,000
Floating Debt Bonds—
nual.
Yakima Connty (Wagb.) School District No. 31.— Bond
Sale,— Oa October 1 $3,500 5^ 1-10 year (optional) bonds of
this district were awarded to the State of Washington at par.
Denomination, $500. Dite, Oct. 1, 1904. Interest, annual.
Yonkerg, N. Y.—Bond Oj^ertngr.— Proposals will be received until 10:30 A. m., October 19, by John E, Andrup,
Mayor, for $6,950 A% bridge bonds. Authority, Chapter 473,
Laws of 1900. Date, Nov. 1, 1904, Maturity, $5,000 April 1,
1908, and $1,950 April 1, 1909.
Bonds will be delivered on
Nov, 1.
The
Clevelatid.
tion, $222,000,
Xenia, Ohio.— Bonds Authorized.— On October 3 the City
Council passed an ordinance providing for the issuance of
$16,000 ^% coupon refunding bonds. Denomination, $500,
Date, Nov, 1, 1904. Interest semi-annually at the Hanover
National Bank, New York City. Maturity, Nov. 1, 1924.
Yakima County (Wa8h.) School District No. 21.— Bond
Sale. The State of Washington on October 1 purchased an
issue of $1,000 5^ 1 20-year (optional) bonds of this district at
par. Denomination, $500. Date, Oct. 1, 1904. Interest, an-
[Vol. Lxxix,
July 1, 1918
July 1,1911
A-ssessed valuation 1903.7,814,010
Assess ru't about 60% actual value.
Tax rate (per M) 1903
$15 00
Jan. 1,1916 Population in 1890 was
10,235
J&J, $70,000
Apr. 1, 1922 Population in 1900 was
F&A,200,000
14,694
INTEREST on the street improvement bonds Is payable atAsheviUe;
on tbe floating, water and echool bonds at Baltimore.
68,
48,
Berkley, Ta.-C. L. Old, Recorder, A town in Norfolk
county.
Whenlhte.
Int. payable at Norfolk Nat. Bk.
LOANS—
Improvement Bonds—
All bonds are tax exempt.
July
Bond,
debt Mav 1, 1904. $200,000
J&D,
$25,000
1,1926
6s,
Tax
Subject to call before maturity.
68,
J&D, $25,000
J&J,
25,000
58, M&S, 35,000
C8, F&A, 40,000
5s, M&S. 50.000
(js,
July 6, 1927
July 1,1928
Mar. 1,1930
Feb. 1,1931
Mar
1,
valuation 1903.... 2,221,796
Assess't abt. 40 to :^0% actual val.
Total tax (per $1,000) 1903.$18-50
Population in 1890 was
Poiiulation in 1900
3,899
4.998
was
1932
INDEX TO STATE AND CITY DEPARTMENT.
In the f ollowln jc index reference is made by the page number to every Item regarding State, olty, town or county flnanoea published in
the current volume of the Chbonicle—that Is, beginning with the issue of July 2, 1904. Tlems in the current number are not included
in the index.
PAGE.
Page.
748
Areola Scb, Dlst.,'A89a
1363
Areola Sch. DIst. No. 637,
N. W.T....
115
Ardenburst. Minn
518
Arizona... 518, 747, 925, 1291
Arkansas
1352
Abbeville, Ala
bb
itsforil.
Wis
926. 104H
189. 842. H93. 746
Aberdeen, Md
Aberdeen. Miss
lfl»»,
AckermaD, Miss
798
SIS. 7i8
AdHms Co.. Ohio
Agawam. Mass
748,1291
747. 1353
Akron. Ohio
.116, 189. 226,
518. 893, 92S, 104H. 13(i2, 14=9
Alban y Co., N. Y
169, 282
Albert Lra,
Albion. Ill
Minn
B18
116
N. Y. 618
926
Albion Sch. ». No. 1,
Alexandria, l^a
Alexandria Bay. N.Y
NY
Alhiimbra City
Alfred.
Pa
Allegheny. Pa
Hist., Pa..
1S.S3
.1858
ISftS
Anderson Sfh. Dlst.,CaI.. 28Andovpr. Mass
116, 2^5
iifS
Alma, Kan
Anne Arundel Co., Md.798, 9X5
Anne Arundel Co. School
D:8t..
Md
Wis
AppletOD.WIs
Areola, Assa
Antliro.
Arv<ido Sch. Dlst.. Col
Ashland,
Ky
...
1489
10l9
V^6. V87,
1049, 1353, 14S9
Co., Ky
«9:i
A^tiland Co., Ohio.... 825. 1853
Ashland
,
798. 1291
D.. N. V.,
9S7, 1291. 1.S53. I4g9
S. l).,Cal.ll5.282.
747, 1049
Anderson. Tnd
115
16,
Asotin S. D. No. 5, Wash.. 225
Asotin Co. Sch. D.. Wa,«h..l0i9
Atchison, Kan .. 189. 519. 7t'8
1353
'42
Alliance, 0.<JS7, 1049,1353, 1489
Alliance. Pa
«82
Alpena, Mich. 288. 693. 747, 987
Anaheim
Kan
IIB
225, 893
518. «42
Ames, Iowa
Amite Co. Miss
Amsterdam Sch.
City,
Mex
Ashtabula Sch. T>.. 0..747, 981
Ashtabula Twp Sch. D ().
Allen Co., Ind
Allentown Sch.
N.
115
169
HlRh Sch.
Dlst.Cal
Aliqulppa.
Arkansas
Artesla Sch. Dlst. No.
226.282, 642
8'6
518, 1.S5S
1010
Athens Sch.
Dlst,, III
189
Atlanta, Tex
115
Atlantic City. N.J
519 ';9a
Atlantic Iliehlands, N. J. 798
Ati.ka, Ind. Ter
169, 925
Attloboroiieh, Mass
1489
Atwater. Mtch
Atwater, Minn
i855
893
116
926
Auburn. Me
Auburn. N. Y.
Auburn Twp.. Kan
619, 747
Augusta Wat. I)., Mo..619.
Aurora,
Mo
642. f91
618
Aurora Seb.DUt., Ill
747
Austin, Tex
519
Av n. So. Dak
li5
Avojellos Parish, La,. 115, 225
BalDbrldco. Ga
ake City.Ore
717. 1R53
ll.'i,
747
Baldwinivllle. N.
Y
PAGE.
I
Blasdell,
1X6."<
i
Baltimore, Md. 1049. 135i, U»i
1.163
Baltimore. Ohio
642
Baraboo. Wis
747
Barberton. Ohio
Barnesboro Sch. Dlst., Pa. 282
519, t'S?
Barnesville, Ohio
«S8
Barrie. Ont
Basalt 8ch. D., No. 45.Ida.1363
Batesburs, S.C....U6, 282, 848
282
Hath Twp., Ohio
51M
Baton KoUKe. La.
Baxley,
Ga
;
1B9
Boyne.Mlch
Bozeman S.D.No.88.Mont. 169
Braddook, Pa...
6J2. 1>:91
Braddock
Sch. Dlst., Mich.. 189
1489
Biyoiine. N.J
747
Beatrice. Neb
fl-<7
Beattle. Kan
»82
10J9
282.519. 747
Beldlnfi, Mich
Bellalre Sch. Dint., Ohio.. 189
Beliefontaine. Ohlo...l'5 747
169. y28
Belle Plain. la
642
Bellevue la
14MI
Bellpvue. Kv
189
Bslievue.Obio
Hellevue Sch. D'st., Pa... 747
Bellraore Sch. Dlst. Ohio.. 842
13 3
Belni )iit. Mass
'9^
Belolt Sch. Dlst.. wis
226
Benson. Minn
7i6
Beth'ieheni Pa
2>^
Bevler sch. Dift.. Mo
1490
Bie Stone uap, Va
Black Diamond S. D..ChI.I3j3
Blaine Co. Sch. Dlst. No.
619
11.'. Idaho
Seta.
619
Dlst., Pa.
747. 185?
1291
Bradford, Ohio
Brandon, Wis..
228.282. 6t«
Brandon Sch. Dlst No.l20.
.
Pa
Beeraer, Neb
Co..
693, 92f>
Benton. l*a
169. 8C2
Beicen Co.. N J
BcrrardsvlileSoh ;D..N.J. 74'
987.
1019. 1299
Bos8ierLeveeDl8.,La.I89, 135S
Boston. Mass
6<», P87
Boyd. Minn
882, 7«7
Bay City
Beaver
169
Bordentown. N. J
I
Man
1298
On5
C
Brldceville. Pa
Bristol. Tenn
Brantford.
Brevard. N
135'«
115,
648
1298
2«6
Bristol Co., Mass
149)
Brookline. Maes
798
747
Broome Co., N. Y
Brownwood Sch. D.. Tex.. 842
Br,>xton. Ga
747. 1019, 186«
13-3
Bnife. Wis
Bruin. Pa
115
!
•
'
,
Page
PAGE.
N.Y
i89
Bioomdeld. N J
BloooidaleHch. D.. 0..fl48. 747
519. 698
Boise City. Ida
Boise Co. Sch. Dis- No. 38.
Idaho (see Idaho)
1051
Ballard, Wash.... 9»6,9'»7, 14P9
Bruno Twp.. Minn
.
Batte Sch. D. No.
Mont
.
115. 60S
747,1292
Cache Bay. Ont.
61i»
addo. Ind Ter
CaldwellCo.,Tex 619.1050, 1353
California
747,
Cambridge, Mass
Cambridge, 0.115,
Pa....
169 226, 282
642
926.1490
826, 519
<
CaiiadaiRiia,
N Y
Canadaiuua School
N.
Y
Dlst.,
169,
648
747.1292
226
619
510
Canon, Ga
Canon
9-.i6
64t
160, »82,
519, 747
Cambridge Springs.
Cameron Mo.
amden, N.Y
City, Col
Canton. Ill
Canton, MI(B.
Canton. Ohio. 619. 642, 025.
.
I14H8. 13&3
Canton Un. Sch. Dlst O.. 798
747
<apac. Mich
-. ll»
Cape Mav. N. I
.985. 1490
Carbon Co.. Mont
,
.
Carbondiile Pa.. 619,925, 1892
747
Caro Sch. Din., Mich
Carrollton.G*
CarroUton. Misi.
...
.
100.1892
.510. 798,
987 1?53
798. 129',
Brjant Sc. D.,S. Dak.1049. 1S58
Bucyrus. Ohio ..
....IOjh
Buffalo, N. Y. 115, 228. 2'-2,
1
Carson CItv Sob.
Cart bade.
rart-'ntfe.
D.. Nev.'.1358
Mo
N. Y
.18H8
642. 986
I
Buncombe
1
6»2. 1049 1853, 1490
Co., N. C
798
Burlineion, la
N.J
Burlington, Vt
Butterlleld, Minn
Burliipston.
'
842
925. 987
115. 619
926. 1853
Cartbane Soh.
D.,
111.. .115.
642, 747
Carthaee Sch. Dlst. N.
Csscide Co., Mont
Cassie Co. Boh. D., No.
Idaho (see Idaho)
Y..
642
1490
16,
lOil
4
Oct.
;
.
4
.
THE CHRONICLE.
15, 190-1.]
1665
INDEX TO STATE AND CITY DEPARTMENT.-Continued.
P.*GE
PAGE.
CasB Lake Sch. Dist. No. 3,
Minn
115
798
Y
Catasauqua, Pa
Catskill.N. Y
Cast)le. N.
US
rt.
Celina. Ohio
No. S. S. Dak
Dlinmit Co., Tex.... 1354,
510.
N Y
116
16H,
6t2
Dciiialds n.
La
92'i
V 9,
Ana Sch. Dist. No.
620, T98
N. .Vlex
t2rt
D5Dora Sch. Dist,. Pa
170
Dorcheat- r Co. Md
D"niia
286
2.
Ky.,
1490
10
I...12',i2, 1 5i
Central Falls
W^''
Cal....
CerritnoSci. DIst
12"2
Ceylon, Minn
51>'
Chartron, NPb
79}. 10)0
Chardon, Olilo
^19
Charlotte, N. C
R
D
D
,
Cha
lotte
Checotah.
'i'
Ter... 747, 1853
Sob. Diet. No.
747
Sch. Dist. No.
Inrl.
Wash
Chelan Co.
4. Wa^h
1,
Chelan Co.S.n.No.9. Wash.
.ai'3.
Chelmsfo'd, Mass
Dis.. S. C
Chester Co. S C
Cheviot. Ohio
.
Cheraw Sch
....22fi. '.g?,
Chicaero, 111
Chioajto (Lincoln Park),
"i"!
P2(i
1050. I2i)i, 1352
1,1..
Chicago, West Park. Ill ... 518
Chlckasba, nd. Ter...519, 648
'15
Chicopee, Mass
04^ 748
Chilllcoihe.
Cbilllonlhe S D. 0. 748.926, 105
P48
Chippewa Co.. Mich
9b7
Chisago Co., Minn
Choteau, Mameoke & Venice I>r. Levse Dlsl.. III.. 226
1852
Christian Co., Ky
O
Cincinnati.
115, Ifif, 2?",
519, 74S. 1050
Cinclnrati Sch. Dist Ohio 226
Citrus Colony Sch. D., Cal. 28"
Clarlnda S. D., la 28vi 693, 74S
748,887 1^90
Clarion, Iowa.
Clairton Sch. Dist., Pa .. 1490
747
Clark, Minn
Cark. So. Dak. ...826. 519, 926
1050
Clark Co.,lnd
,
Clarkfleld, Minn. ..116, 282,
519
Ot-S
2S6
Clarkville. Tenn
Clarksvllie, Tex...l69, 643,
79-', m-i
13 S
ClayCo.,Ind
i'. 9J
Clear Lake Iowa
.'
.1:^68
Clear Lake, S. Dak
'-^IB
Clearwater Co., Minn
643, 748, 135.S
Clebnrne. Tex
Clermont
Co.,
Ohio
.798. 12y!i
Y.UH,
926
1292, i:-54
Clinton Co..lnd
1334, 1490
10
Cicquet, Minn
Clyde. Oh 10
116, 748, li 90
Cohoes. N. Y
693. 79CoM Spring, N.Y.... 129.!, 1490
S!2b
Coldwater. Mich
22.0
Cole Co., Mo
Colema'
.
Dak
S.
13.54
College Twp. Sch. D., Ohio 226
Collingswor d, N. J
... «43
Colliniiwood, Ont
519, 7f8
7i8
Coilinwood, Ohio
Colorado .746,925.1019 1R5!
Colorado Springs, Colo.5 9, evS
1
Colnmbla, Mo
^25, 1-^52
Columbia, Tenn
169
Columbia Sch. Dist., Mo.. 9b7
Columbus. Ga
225, 74f, 1292
Columbus. Ind
226
Columbus. O.lflO, 2'-2, 519,
at8, 748,987, U5o. 1351
,
Comanche
Kan
Co.,
98T
Concord, N. II
Conneaut, Ohio
Connecticut
226
1050
1!;9
Connervllle. Ind.l'26. 1354, 1490
Conroe S". D No. 24. Tex... H«
....92t<, I2w2
Conway, Pa..
Cook Co. Sch. Dist, 111
226
Coolldge Ind. ^'cb. I)..Tex.l490
Copley Twp. Sch. Di8t,. O ''4.''
Ga
Cordele.
Corning. N.
116, 693
1050,1-90
Y
Corona Cal
Mich
2 2
i;^9;
O' rjniia
CoHhocten, Ohio
Cottage Grove. Ore
CovmgK
n,
^flt*,
Si8
2>2
Ky
1^5'
Covlrgton. Onlo
9-'7
Crawford Co.. lud. .. .e9.<, 9H7
Crawford Co. la
2'<2
Crawford Co., Ohio
226
Creemore. Ont
937,1354
Crestline Ohio
l:.t4
Cumberland r;o., N J
1354
CunnUigliam S. D., Wach,. 519
Cusbing S<h. Dig!., Tex... 9i6
Cuyahoga h'alIcO
.Irtu,
...
•143. 13'
tyothlara Sch.
DTex
arte
Co,
DIst..
Mo
Ky.l35«
225, 620
alhsrt Ind. Sch. Dl«t
Dallas, Tex...520.C43.
Dalton.
,
1050,U92
Mass
Dan.iville. N.
74-<,
9ai. 1'50
109. 2 2
9"6, IfS'i
Dallstown Pa
Y
..643, 6
Pa
Danville Va
Danville.
'.<.
Ifli*,
926
74m
Il'i
Darke Co.. Ohio
10.0,1490
Davison Co., S. Dak
i49
Day, N.Y
n9
Dayton, Ohio ll-<,2«2,flt8.
'4X. 10.-0, i2»Aiaf4
DeadwoodSch.
D.,3. Ii8k.
„
1050
22rt,
Decatur, Ala
Denauce, Ohio..
„
Deland
.
116, ttw
116, in
,
6(8 105
Snh. D. No.
Delano, Minn
DeUwnro. (ifalo
Delphoc, fihlo...
Denlxon. Iowa.
643
Pa
l)rnvosburg.
Dubli
Ga
innith Ind.
-i
''t-3
....13f>4
S. D., Minn.. 799
9S7
Dnnkirk.Ohio
Duquoin Sch. Dist., 111.... 7i8
Dura d. Mich
926, 100
Tenn
liyer-^burg.
Dysirt ?ch.
6-3
Iowa... 693
Dist.,
li^9i
67, Ill.i -wo
84:1
1
74h
10"
74s
Denlion Ohio
ntn
Denver. Col.. 116, 295, 2S8, 185;
749
Granger S D.. la. 170, 749, 13B4
Grant Co.. lod
170
Grinville Vn. Fr. Sch. D.
N.Y
N... 7.
2^7
Eagle Grove Iowa
Kiilv
1S9^
520
1854
.
Ga
''o.
East Lake, Ala
Kaston Pa
Easton Sch, Dist, P*
E-iSt Sf. Louis Un.Sch.D..
No.
n
10.
o..
283, 643
13'S4
,
Rdsiewood, Ga
Sch. Dist., Tex.
648
Elba Sch. Dipt. No. 8. Ida.. 116
Edna
,
N Y
Kllpnwond. N. Y
748, i26
Eilenville.
,
283
E mira.N. Y
83, 693
Elmore. Ohio
693, 9£7
Kimo S. D., Tex.. 283, 643,
748. 1490
Kimwood Place. O... 116, 1""
227.
,
,
,
El t^aso'de Robles. Cal
1490
Eljria. Ohio. 827, 283,748. 14 90
KmiuettS. D No. S«, Ida
227
KmpiiriH. Va.283, 748, 799, 1292
Enid. Okla
170, 748
Knloe Ind. Sch. Dis., Tex.,
1051, 1292
Erie Sch. Dist., Pa
170, 64H
Erskine. Minn
i.'fat
Fscalon Sch. Dist.. Cal
170
,
.
Escoadito
Irr.
Dist., Cal.,
746, 1291
Essex Co., Mass
283
Kseex Co N. J. 799, 988, 1051
Eugene Ore
227
Eureki Sch. D.. Kan ..227, 520
HustisSch. Dist., Neb. 227, 748
Evanston, 111
170
Kvanston Sen. Dist. No. 1
,
.
13=14
III
Evanston Twp.
S. D., Ill
..
518
Minn
227
Kveleth Sch. Dist., Kans.. 520
Evergreen Park, III
227
Fairchance Sch.
airfield
D., P(>.
.
1292
School District,
W«sh-
'
Palmonth, Mass
116
1354, 1490
Mass.. 116 799 92rt
Farmington,
.227, 2H3, 643
Fergus Falls S. D., Minn.,
Fall River.
M
,
.
.
,
748, v>!6, 1051
Findlay. O .74^, 7f-9, 129', 1351
Flathead Co., Sch. Dist,
Mont.
Fleming Co.. Ky
No.
5,
llfl
520
Fonda, N. Y
1292
Forest vine Sch. Dls.. C«l. 129 <
Fort Plain Sch. Dist., N.Y. 13 4
Fort Siott Sch. Dist., Kan. 1354
Fort Worth, Tex
1291
Fo8toria,Ohlo.ll6,283,644
694, 9S8
Fowler Twp. Sch. Dist.. O. 52(
FrHnklln. Ind.
643, 748
Frunklln Co.,
227
Franklin Co. Sch. D. Nos,
16ai d21. Wash
lOll
Frederick. Md
1354
Frederick, Wis
283
^^edericktow^, Ohio..
116
Fredon a. N. Y
520. 643
l-r. eonrg Sch Dist., 111..
227
F'reep' rt. III
225
freeport, Ohio
926, 1351
'.
Fremont, O 5'. 0, 6(8, 799. lOol
Freuinnt Co Sch. Dists
Idaho (see Idaho)
iOM
Fresno. Cal
llfl
Fr|..ro.,Tex
;;.
044
Froct llnyal. Va.. 116, 799. lOil
Fulton Co.. N. V
644
Fult< u Col, Ohio
2U^
Fulton Sch. Dist., III.. 926, 1051
/"^adsden. Ala..
^
T
.'-83,
Tex
iiti.sville
H''4, tiBl
...
(iar.uicr.
(Jar.lner.
III
7(Jm
IjnitVH,
(;8iifv«,
1051
Neb
N V
V'21
170
lei cva Sch. Dist.. Neb. ...1354
<>oorgia
746
(JeoritetowD,
(jilii
ore
.
Ohio
Ity lud.
1:6
Sch.
lowii
miwin Sch.
1)
(irove CitT. Pa
Guelph, Ont.
l.Sft*
(;ia«gMW Sch. DiAt., Mont.
(ilendi lo Sch. Dint, Cal.
t;iunvtlle, Ohio
6 0,
(;iciiw,,.,d. N. Y
116
749
2H!
Dist.,
.
(iloucpster,
Ma«s
.
694
170. 227
Gl ucesler Sch. D., N. J...10M
Gndeilcb. Ont
988
(J')sr en
Ind
9i6
Grand Kaplds, Mich. 116.
.
Grand
170, 227. 98fl, 1051
Valley Irr. Dist..
Colo
1354
]3=>6
749
Kingston. Ont
Kis«immee
42.
Itn
9^7
Minn
KosciuskoCo
.
284, 74"
227, "^46
..
116, 749
116, 52"
Hamilton. O
116
50
llamiltun Ont
HiiQjilton Co., Ohio.
Un. Dr. D. No.
9S8
l.lll.
Hancock Co., Obi
Hanley Falls, Minn
6-4, 9.'«
Hannibal.
170, 694
227
Mo
Hannibal Sch.
52
'
Neh
Scfi. Dist.,
'8-i
135'
Minn
..
..927, 18S-3
•
644, '293
La Moore, N. Dak. .1355, 1491
Lancaster, Mo
520, 694
Lancaster, Ohio
1'293
Lanca'tfr, Pa.l I7. 170,799, 9S-(
Laocister Co.. S. C ...
8-4
Langdon No. Dak
927, 1293
Laneer, Mich
171
Laramie, Wyo
1S9»
H^rtf. rd Second North
Sch. Diet., Conn ..
.. ]17
Harris n, N.J 749,1293. 1490
Harrii-oa Twp. Ohio.. 926, 1051
Harrison Twp. S D.. O
283
Harrisonburg Va.22", 694, 1854
Ilartsock Fr.Turnpike No.
42 Obio
283
Haivey, N. Dak. .749, 7t9. 1.354
Haskins, Ohio
lOjl
Hastings
6'H
Las Lomi'as Sch. D., Cal.. «• 4
l.atonii. Texas
10-1
Lauoerdale Co Ala
79"
Liurel S. D. No. 11, Mont. 520
,
Laurens,
C
S.
13^
LawrenrebDr?, Tenn
.
117, 227, 28?, P44
Haugen, Minn
Medina
Me
Co.,
t etf-e
an. Miss
Mfrrimac. Muss
Mesa, Ariz
800. 988
VSO, 927, 1491
Milburii Twp.,N. J.. 988, '491
.Milton. Mhss
118
Milton.Ohlo.
694,988
Milton Sen. Dist., Pa.. 171, 521
.Vllnden. L«
927,1293
Minerva, Ohio
i8t. 760
Minneapolis MlnD.604,750, 988
.
.Minnesota.. 118. 2^8. 2«4,
750, J-00,
Y
S.
Mo
Ohio
Leominster Mass
Leipsic.
28i
Hermosa Beach
D., Cal. 620
Ho yoke Mass
283. 644
Pa.. 283.
S. D.,
644, 749
Homestead Twp., Kan
Hondo Ind. S. O., Tex 283,
6t4
7i9, 1051
Hocsick, N.Y
Hooi River Sch.
D
Hopkins Co., Tex
Hoplami Un. Sch.
.. 170
.Ore.. 117
Z!-3
D., Cal. 1051
Horseheads, N. Y.i81, 644,
749. 927
Houghton, Mich
9^7
Houston. Tex
827, f 4
Howard Sch Dist. Cal. ...1293
Hubbard
8ch. D.,
Tex
284
1293
Uiids n. Mass
Y
Hudson, N.
Huds
n Co
Huntington
,
17'i
N. J.749. 927, 1490
Co., Ind
170
Hiinlin, ton Sch. D., N. Y, 927
Huntington Tp., Ind
227
,
Tdaho
Xdaho
Louisville,
aokson
Jick"on Twp., Ohio
Jacksoi ville, Ala
«i!7
Jmiis.
Minn
J,.iiesville.
.lasper,
Y
Wis... .520,
Ind
Ji'ttr.ii
n.Tex
.lerierson
f;o..
,
Mo
4
8-'4,
Madis
2^7
JfiiKiiitowri Sch. D., Pa... H44
IcisoyCiiy. N. J. .749. ,99, »'27
1355
\'0. ~i-0. 92
749, 1291. la5>
.117. 6cO, 749,
10
1,
Wis
''o.,
Ind
.Manasqnnn, N, J
Manchestor, N H
Mill gnin. Okla
Manistee Co. Sch.
No. V, Mlcll-
1410
284
S D.No.S.Moiit. 2H4
644
Kaikakoe, 111
Karncv N.J
l.^fi
117
1.''55
800
988,1033
117, «44
^^^^>!'^
288,
l.''5^
171
228
|
'
I
'
Mure
1491
OHW
Mlnn.927, 988, 1293
gi>. Ill
Mnncopa Co Union High
Sch, Dist, ArU
Mississippi
Mssoula, Mont
ll-<
171
Marinette Co.. Wis. .11". 284
Marlon. Ohio. 118. 016,750, 1366
1'71
.Missoula Sch. Dist. No.
Moot
1,
1335
284,988
Mobile Co.. Ala
awk, N.Y
Mollne Sch. Dist.,
Moi aca. Pa
13:6
646
Illinois. 118
803
Mot essen, Pa
1356
Monet, Mo
645. 746, 1?55
Montgom>-ry, Ala
760
Montgomery Co Ind
621
1293
,
MontgomeiyCo,Md
Muntg' me-y
Miss
1294
Montgomery Twp., Ind. ..1355
Ml nigomery Twp., Kan .. 646
Montpelier Ohio.
..695,988
Mintreai, Quebec .. ..750,927
Mooers Union Fr. School
Co.,
Dist.. No 3. N Y
Moorpark Sch. Dist.,
Moose J»w, N. W. T
Moose, Minn
118
Cal.. 1365
1:^66
938
118
988
1358
Mora, Minn
Morgani Ity, La
Morgan Co., .\Io
Ga
Moulirie
Mound
118. i71
City Sch. D.,
Kan. 1058
Mountain View. Cal
646
nt Gilead. Ohio. .228, 1491
M. uni Healihy, Ohio
1856
Mount Holly. N.J.
521
Mount Joy Pa
521
Mount Joy S D.. Pa
171
M.unt Morris. N.Y 1052,1356
Mount PleisantSch. Dist.
No. 9, N.Y
1294.1356
Mt. Vernon N. Y
118,
Mo
1052, 356. 1491
Mt. Vtrnon. Ohio lis. i:81, 750
Mt Vernon Sch. D., 111.... 750
Multnomah Co.. Ore
886
1S56
Mu-citine, I<iwa
.Muskegon, Micb
118
1
Mu>U
gee, Ind. Ter..l052, 1491
Nacogdoches
Ind. S. D,,
lexas.
646
Napa. Cal
750
Napoleon, Ohio... 2i-8, 645, 760
Nasnvllle Tenn. .621 716. 750
Navarro Co.
ex
Negainee, M ch
Ohio
Nevada, Mo
New Albany. Ind
.\.-w Albiin). Miss
61-S
760, 1491
750
1058
1»56
..
800
Nf'W Aliiany Scu. Dlst..O. 118
Newark. N. J
171. 2! 8
^ewars N. Y
1353
Neis..i,ville.
.
.
2i;8
Nnwirk, Ohio
Newark Union Free Sch,
am Actd D. N0.8, N. Y.1491
New Hedford Mass. ..171, V28
New
Hrilain,
Conn
V
288. 646
1356
1336
ewourtih. N.
Newbu
Ohio
NHWbU'VPort Mass
.New I'astie. Ind
V.
...118,
i7I
4183, 9'!7
105', 1351
Niw ("astle. Neb
Ni'w Cas'le. Pa...ll8. 8.0. 1358
286
NwCasileC'. Del
800
New H .yen. Pa
New Iberia S Dr. D., La.,
171, 800
New I,in(lon S D., 0..228, 8-6
>.
Nowinim,
New
^c w
Ncwi;ort.
New
761
n.
"rl«'an». La. .^45. 74n, 751
IMilin lelphia, O .228, 5tl
ve«i).'rt
.New
Dist.
Manton Mich
.Maiiln Hill,
827
•'44
117,1298
800. 1355, 14 91
'!4n
644, 780
Kei'h (!.).. Neb
749,1298
Kclsey, Minn
1491
Kemp Sch, Dist. Tex
5R
Mamlohft
927.1401
.MansHo'd, Ohio 11", 98-. 1386
Mansfield Sch. Dist., Ohio.
i.llHucll
Kan-as
Knn«MBCIty.Mo
1'
13.55
1068, 1293
149
Jnllactta.Idabo
Juniata S. O.. Pa.2<7, 988, 1490
Justin Ind.Scb. Dfs., Tex. i:8k
KHievala. Minn
X^i. 13^5
17, 6.14, 13 5
.
111... 520,
Mo
7i
.Mnlheur Co. Sch. Dist
No. 8, Ore ..
l''I.2"4. 614
Mamaroneck, N. Y...fl»4.
r,94
Johnstiwn, N. V
Joli.l,
1
284
.MatUonSrh. Dist., Ind... 117
MaldMTi. Mass
118
Mnhoni"! Sch. D No.SO 111. 9»i
Mahoning Co., Ohio. Ii7, 171
644
...117, 71'
...
2'*4.
n.
Ma(ll«on
Pa
Jir-cy Store Pa
Jfweil. Minn
7-0
li'93
.
n Sch. Dist. Mo
Mariisonvllle. Ky
.VtadiHon, Mliin
1 ;9,S
.
92", lasi
117. 750
Mac
121
691, 1(51
117
620, flU
...1,0,
Tex.
McKinnoy. Tex..
McMiniiTiIIe, Ore
Macon, (3t
Macon. Mlits
MiiConCo. Mo
9SS
*tk
Jamest' wn. N.
750, lOii
cDon uah. Ga
McKeespon. Pa. 228,
28
Mich. 117
Ohio
D. No. 108, Minn.
McCracken Ov, Ky
881
D.,
S.
228, "FO
Lynohburif. Va... .284, 641, 9^
Lyons, Ohio
.. ..1051
170
Ind
Co.,
Un.FrS
Co.,
Lucan
Luverno. Ala. ...
Iroiiton, Ohio
520
Irviiigton, N. J... 644. 799, 1355
Jackson, Miss
Lucai
614
Ludlrg»on,Mlch
Lumberton, Miss
Lunecburg.N.S
1
Jick-ion
170
621, 1855
Lowell. Mass
Co. Sch. Dist., Ida.
(see Idaho)
1051
Idaho Springs, Colo... 10, v-27
III. n, N
Y
988. 1293
Indian llvad, Assa
1293
lola Kan
94
284, 69t, l:4f>6
loiria. .Mich
l.waSch Dist, Cal
2S4
2)J7,
Ky
Loup Two.. Neb. 171,
1051
Iihaca. Mich
11
1293
5il
T,lncoln, III
,. 694
Lincoln, Neb
644
Lipan Scb. D., Tex,.. 1355. 1191
Lisbon, Ohio.8.-8 644.6)9.
750. 1051, 1293
2B4
Little Falls. N. Y
Liverpool, N. S
799
Locknoit, N. Y
1203, 13.^^
Lockland. Ohio
521, 927
TjOgan, Ohio
284
LogHn Co., Ohio
694, 760
Logan Co.. Okta
117
Loean Co. Sch. Dist. No.
75 Okla
1491
Lone Rock Sch. D., la. 750, 9'^8
Long Beach. Cal
1365
Long Pine Sch. Dist. No.
4. Neb
13"5
Lorain, Ohio.. 521, 750, 988.
1052, 1293
Los Anireles. Cal
621. 10 ^ I
Los Bols-is, Hiah S D Cal. 644
Los Nietos Valley Union
High Sch. Dist.. Cal
1058
Louisa Co., Va 1051, 1-93 1491
l.f-uisl»na..22fi, ^84,1352, IS.'SS
Louhviile, Ga
117
i:-<55
Hcmeslead. Pa... 117,
'
Lexington. Va
Llgonier. Ind
Lima. Oh'o
H
Homestead
75
117
LeRovSpl Sch. D., Ohio.. !^8t
T/PWiston, Idaho
1051
Lexington, Ky
521, 13s^
Lexington, Miss
1401
Lexington, N. C.750. 1051, 1293
Lexington Twp., Mo
225
694
Hiabmore. S. Dak
13f4
Hill Lake.Minn
926
I'illmHn, Minn
927
Hillfboro. Ill
927
HilisborouehCo., Fla
827
Hillsdale Sch. Dist., N. Y.. 194
Hills Sch. Dis No.6,Mlnn. 827
Hohoken, N.J
,.. 170
illand, Mich
1355
Holly Beach, N, J
520
Hollywood Un. High Sch.
Dist., Cal
227, 520
Higgir^svi.le,
288
9S8
2F4
MirnesotaSch.Dl8tg.*118,
Mo
Herkimer, N.
Dist..
1355
lis, 228
.M Ibiink, S, D,tk
.Mil'f.rd, Ohio
Mitchell Ont
.
937
O
M' fllfttwn Scb
Midland, Ont
lOH
.
171
U"^,
Mexiii, Tex
800.1355
^'iddleport. Ohio
927, l«9l
Micidl.-sexCo., N. J
118
Miridletown, Ohio 2 '8. 780, i;55
leesbnrg, Va
Leflare Co., Miss
.
800
228
17i,
284, 621, 750
800, 13S5
Mend
Co., Ohio...ll7, 2',7,
614, 749. 1051
.
2i8, i84, 645
Mercer '^o., N. J
Mercer Co.. Ohio. ,118,
LawrenceburgS. City. Ind. Ifi8
Lawtnn.OkIa
287, 927
Leavenworth Sch. Dist .. '44
1?9''
Lee Co, Miss.
.
188.1491
O
Wyo
799
Hav na. lli
117
Haverhill, Ma's...283, 520, 74y
Helt Twp. Sch. Dist., Ind. 520
Heners-n, N. C.
749. 98"
Henry Co., Mo
170
Henry
Pa
521, 750. 927,
J S.i^S
I^awrence. Mass.. 521, 750, 793
Lawrence Co.. Ohio
799
118
750
118
E8t
1355
M -ynard, Minn
Medina, Ohio
Pa
Lakeland. Fl
227
Lakewood, Ohio.. 117.2^4,
'.117' .520
Hardin Co., T X
Harlem Sch. Dist., Mont.. 5!0
Harper, Kaa ..
283. 749
Haittord. Conn....
17,520
Maxville. Ont
,
lO'il
Co.,
1355
521
.
,
Massachusetts
2,5,828, 884
Massii on.Ohio.
228
Matieiwan. N. Y
118
Lackawanna
l,Mk-fieid.
Mo.,
49 793
Dist..
228, 521
nC<.,Ky
Mason Sch Dist Mich
Muvsville Kv
Mazeppa, .M'nn
Mechanic»bnr.r,
LaGraiige.Ga
1293
r<a Grange To., Ind
749
LsikeCitv. Mich
117
LakeCily Sch. Dist., Iowa. 799
Lake C.>., Minn
.. 117, 620
225, 1354
118. 171
Mary-viHe, Ohio
117
*118
Ladysniith.Wis
Hahnaman
Ilamiltnn and
MaryUnd
Ind
Kroschel Twp.. Minn
aclpdeCo.Mo
l..a Crosse. Wis
171
228
171, 521
I'ex
Vl«s
Dist.
Ind. School Dist.
Minn
nalftad. Minn
1,
Twp
Koochiching.
..
M«rtin Co.. Tex ...
581
Martin-burgh Special Sch.
Dist, Ohio
281, 694
City, P!a...R44, ''49
Wash
Ill
Marshall i"o., Minn
884
M.trshHllSch.D. No. 16,111.1293
-Mar halltoWQ, Oftlo.
118
6 4
9-8
170
Knoxville, Tenn.. 170, 227,
116
170
Md
llHgerstuWD,
Mai-.h..ll
King Co S D. No 43,Wasb. 117
Kingfisher, 01<la
Kingston, N. Y
i355
lis. ,521
171, 5'21
IWarIb ro .-^ch. Dist., N. Y. 6(5
Varl.>oroD!.'h, Muss. ..228, 234
74*1
No. 28 Wash
...
ns.'i
Knox To, Ind ..740, 10'>1, 1P65
r2(j, 927
Kn IX Co., Tenn
1293
11"
170
N J
.daordeld Sch. D.N.J. 620
HMgan, Ga
7i«
927
..170,
Haddonfleid,
Jop.ln,
,
Tex
Kitt'ining, Pa
Klick tat Co Sch.
.
2HH. 749
Mich.
<;
'490
520, ItSt
(J imes Co
I3ii4
Tex
Grimsby. Ont
799, 13';4
Grrt n ronv
749, b2P, 1293
Jenkiiilown,
f;en.
C
Ga
Griffin,
(ii'HPT.
flvfl
Co..
KItsoD Co. Sch. List. No.
M
Dist., S.
Jasper Co Ind
Ja'pcirrch Dist
Okia
va. Ala
Kent
Kenton. Ohio
1052
Marion Co,. Ill
Marion Co., Ind
M^ri n Co., Ohio
Martrn Co.,Tex
Marion Sch Dist.,
7^9, !"•
Gre^rs Sob.
.
Mass. .. .2'-'.S, 614, 749
Uirdii.T Sch. Dist Cal.... i4lO
Garrett C"., Md
if'-8
Gayl rd Sch. i)i»t., Mich.. 644
,
KenoshM, Wis
Kern, Cnl
Keyporr, N J
Ke^sronp, Minn.
..
749. ;051
Gainenvilie Union
Free
Sih. D. No. 9, N. Y.
170
Giiba n. Pa
7.9
(Jalllpi |ii>, Ohio
7P9
Ga'l.Ont
170, 520
(Jalvicton, Tex
798
(iaivesl'in Co.,Ter
928,13 2
N Dak
Kenmnre,
PAGE.
Va
Marion,
Ind.
1293 1491
170
.
74M
520, 694
Gree: e Co.. iiid
116
GreenshurgS. D., Pa. 283, '49
Greenville Mss
1'6
Greenville. Tex
116, 749
(Jreetjwood.
s8.170, 644, lOM
10-1
Greers, S. C
1
1051
Ill
Tex
K.ii^ewater, N.J
Ret
P2i(
2'-3
K93
Great Fal S.Mont....
Greenburgh, N. Y.283,
N,>.
Sch.
'4,
Page.
D
Kendallvllle Sch.
D., Ind.
6
llaiiock
Fasle Bend, Tnd
Dis No 73, Minn
Eveli-th
74-8.
Y
116. '^48
170, 5'0, 1050, 12
.
,
926, 13»3, 1490
Cleveland Heights 0..116.
819. 748. 926, lOfO
Clifton Hill Sch. Dist., Mo. 519
Clinton, N.
Ga
,
Cleveland, O. 169. 282. 819,
Clifton Springs, N.
Ala
().
,
7 7
115
"'2
22^
643
ithan,
.UL'Hs,
over.
D.iterTwp, Kan.520. «43, 748
135i
Hover Twp Ohio
Dnwtiey High Sch. D., Cal. 1354
JO".;^
C.>.. ''^a
Cheboygan, Mich
Chelan Co
I
.
.
.
PAGE.
Grand View Sch.
190
Dolgevillo,
CovinBton,
Central
227
1
fl2**
Centercille Seh. Dls'., la.
115,
l!'54
I'^SO, 1854
Di'shler. nhio
Dotroit, Mich.1'0, 226, 5'0, ti93
Dillon Graled Sch. Dist,
~47
1353
Dak
rertarbend. Minn
Cav^nr.
DePere.WIs
I'r
800
Ky
Sch Dlgt.,CaI....l.'».'6
denco Twp. N.J. 618
.
T
N
Kocheile,
V...)!",
171. 10:8. 1356
Newton, Kan
286
N.wl n, Ml-s
New VorhClty,
13St>
N. Y..167.
8. i7'. '2«\ 5 8,640,646,
I
987, 109', 1 90, 12-1,148", 1491
.1048
New Vork Slate
Nez r. rce Scb. D No. 62
...1051
(m>« Idnbo)
NLigara F»ll».N.Y.17l,927, l<i6«
Niagara
Falls,
Ont
171.
98S
1
.
'
THE CHRONICLE.
GOG
I
1
,
I
Vol. Lxxix,
INDEX TO STATE AND CITY DEPARTMENT.-Continued.
TAtiB.
761.135-1,11111
Norfolk. Va.
118
Norfolk Co.. Mbkb
NorrlBtowii Son. Ui^t., I'li
W27, »hH, 1204
Nortbanipton, Ma8s...iiH,
y.aa. iisii
nrtoTer. Masu.lH-^, 1-JOl
North A
North Bercen
Diet
.
T«p
8ch.
171. 2^5
N. J
9^7
North Charlorol. ru
Noith F. rih Worth, Tex.. 28^
10.>2
Nori home. Minn
North I'liilDUeldS. D.,N.J.
695
2t>5,
Northumberland
Co., I'n
927. 9i^
,
10.2
North Smlthflpld, R. 1
751
Norwalk, Cfpnn
12i>4
Norwalk, Ohio
fi5
Norwich, N. Y
Norwood, <ihlo... 828, 761,inft2
NoTnScoila
C4B
I'd
Nueces Co., Ter
Nund.1 an. Fr. S. D. No. 1.
Y
927
N.
Nutley, N.J
136')
Grove Sch. DIs.. Cal.
Oak
ak Harbor. Ohij...fi
1491
1294
.
et<5.
Oakland, Cal
Oakland. Neb. .. 118. 751, ll!94
Oakland Sch Dist.Cal.... H2h
Oaklev Sch. DIst Cal .... 8
Oak Park Sch. D.,Cul.«O0, WH
,
Oberlln. Obio.llr,e45.t28, 1052
Ocala. Fla
621
Ocean Park S D., Cal..21!8, 645
Oconee Co.. S C
521, 751
Oenavilie iDd S.D.Tex..
Ill)
Oeden, Utati
171
,
N.Y
Ill*
Oneonta N.Y
2J8.
2f56,
Ontario Co., N.Y
Ontario Co.. Ohio
Ontario Sch. Dist.. Cal
Orangeburg Co. Sch.
2«, S.
Dlst.
C
695
Orchard Mesa
Irr. Dist.,
O.
119, 751
Orleans Levee
Dist., La.. 1352
Ortonville Twp.,
Osceola, Neb
Minn
..
NEW
2S5
I29i
PoiLt Pleasant,
Wash. ...645, 928
Grove S. I).. Cal.,
.
acltJc
171, SCO, IBS')
6!il
Paducah, Ky
.... 8
F'arkerCo Tex
Parkers Prairie, Minn,988, 135B
ni-B
Pari ler Sch Dist.. Cal
lK5d
Ha8ad"na.Cal
Pasadena 8. D.. Cal....2J9,
928, 1052
885
Pascaeoula, Miss
Hc6
Paso Kobles. Cal
PanRalc Valley Sewerage
51-*, fflS
Dist.. N.
PatchoBue. N. Y.229, i89, 1052
229
Pdterson, N.J
PatokaTwp.. Ind
751, 1294
1294
Paulding, Ohio
845, 1053
PerabroKe. Ont
Pcndl<-tonS.D. No.i«, Ore. 119
1
V-2H.
Dlst.,
N Y
989, 1894
Fr. School
171
2-5
521
Perkins Co., Neb
Perry C"., Miss
Penh Amboy, N. J....695, 751
1491
Pnru. Ind
119
Pesbtigo. Wis
Petaluma.
Cal.
..
17-'.
761,
149^
'.. 119
229. 1492
235
<
Petrolea. Ont
Philadelphia, Pa
Philllpplne Islands.... 285, 8i)ii
^95
Pickens, Miss
285
PiReCo., Ind
Pilot Mound Twp., Minn
695. 1053
,
Bluff. Ark.. 761. 800.1493
119, 800, 928
Piqna. Ohio
Pine
Red Rock Sch.
Posey
Co..
62.
8.
Hegli a
D
Ridley Park,
7fil
Co., Ga
Co., Ind
Co., Ohio.628,
Rober-son To
230.
<r85, ^'4^
105i
euS
7M,
Rosell-.
^00, 9S9
Ro-endale.
Anne's
Co., Md..
695, '01^
Dist., Cal
10.53
695, 75l
. Miss
Racine, Wis
adcliffe,
8.
N.
J.,
24, 1904.
Co. Park
Coupon
Bonds, In accordance with an Act of the Legislature
of the State of New Jersey, entitled an "Act to establish Public Parks In certain counties of thisSta'e
and to regulate the same," approved May 6, 1902
(Laws of 1902, p. 811).
Said Bonds to be Coupon Bonds of the County of
Hudson, of the denomination of tl,' 00 each, to run
for a period of fifty jears, to become due and payable on the first day of November, 1954, to bear date
November 1, 1904, with Interest at four (4) per cent
per annum, payable eemi annually on the first days
of May and November in each year, and to be sold
for not less than par and accrued interest.
Bach proposal mubt be enclosed in a sealed envelope endorsed "Proposals for Bonds" and to be
accompanied by a CKKTIFIED CHECK enclosel
therein drawn totheorder of STEPHEN M. EGAN,
COUNTY COLLECTOR, on some NATIONAL
BANK or T ItUST COMPANY, or Cash In the sum of
FIVE THOUSAND DOLLARS.
b d for the whole or any part of the
Issue.
The Board reserves the right to reject any or all
bids If deemed for the best Interest of the county
80 to do.
By order of the Board of Chosen Freeholders.
JOHN
P.
EGAN.
Clerk.
Bidders will please furnish certified checks Instead of cash If possible.
MUNICIPAL
Service
BOSTON.
Chicago.
San Francisco.
Scanlon.
1
t02, 1357
831', 628
1294
Schuylkill Co.. Pa
696
Schuyler Precinct. Neb... 888
Scr«nton, Pa
768. 989, 1054
oeaford, Del. .119,886.802
Seattle, Wash
1357
SebewaingS. D.No.l.Mich.
628. 9S9
1
BOND DEPARTMENT.
THE AMERICAN TRUST
& SAVINGS BANK,
Chicago,
Offers
Railroad,
Rudolph Kleybolte&Oo.
poration Bonds, conservatively issued,
Printed
b^zl^.
and prices
application.
upon
T. B. POTTER,
MUNICIPAL and
CORPORATION
BONDS.
172 Washingrton Street,
CHICAGO,
L.I»»T
R.
F.
ILX.§i.
ON APPLICATION.
FULTON & CO.,
Municipal Bonds,
171 LA SALLE STREET,
CHICAGO.
MUNICIPAL AND
PUBLIC FRANCHISE CORPORATION
BONDS
W.
m
H to
lists
Uuiisriil
BANKERS,
Illinois.
Municipal and Cor-
yielding investors
1-
DXALKRS
N.Dak.l493
Dlst.,
Minn
Schenectady. N.Y
schorarle, .N.Y
INVESTMENTS.
•
J.
and 8old.
HAYES & SONS,
CL,ETEL.AND. «>HIO.
K()!4TON.
mASS.
MUNICIPAL, RAILROAD and
STREET RAILWAY
E.H.ROLLINS & SONS,
OeHTer.
Sawyer Sch.
7^1
LOANS.
Montana, sell coupon bonds of said Coumy of
Cascade to the amount of TEN TUOUSAND
DOLLARS, drawing ini erect at the rate of four per
cent per annum, payable semi-arnuaily on the first
day of January and the orst day of July of each
year, which bonds will be of the denomination of
one thousand dollars each, and sbali be redeemable
and payable twenty years after the date of their
issue; provided, however, that said binds shall be
redeemable at he option of the obligor at any time
after ten years from the date tliereof. The said
coupon b nds will be made payable at any National
bank designated by the purchaser thereof, and the
said County of Cascade will deliver such bonds at
said hank to the order of said purchaser. The
interest on said bonds will be payaole at, the office
of the Treasurer of said County of Cascade.
Sealed proposals for the luichase of said bonds,
subject to legality, will be received up to the time
of sale, and the uarty or parties oflering the higiiest
bid and p ice therefor will receive the said bonds.
A New York draft or check, certified by a Great
Kails bank, pay^'bln to the order of the Conuiy
Treasurer of Cascade County aforesaid to the
ami.unt of (50o Oo, must be deposited with the
County Treasurer aforesaid by each bidder as a
gUHranty of good faith.
The said Board oi County Commissioners reserves
the right to reject any or all bids
Bids should be marked "Bids on Bonds" and
aiidreP!<ed to
red. L. 11111, County Clerk, Great
Kails. C.iscade County. .Montana.
By order of the Board of County Commissioners,
Cascade County, Montana.
KKEl). L. HILL, County Clerk
Klrst publication October 8th. 1904.
OorporatioL
BONDS.
'
801, 1357
172
Ind. Sch. D., Tex..
616, 881. 1291
Cascade County, Montana,
AND
Public
.
I
Sch. Dlst.. Cal
Roxton
i
1492
Round Valley Union High
Pe-tro, Cal
SintaAna.Cal
No.
Dist.
1049,1058
fcOl. 1357
1J57
Santa Anna Ind S D..Tex. 929
Santa B irbara High Sch.
Dist. Cal
696
Santa Cla-a Sch. Dl«t..Cal.l867
SanU Fe Sch D.. N. Mex. 288
Sinta Maria Sch. D., Ca'.,
286. 1052
Santa Monica, i^al.SSO, 696, 8)1
Sangenies, N.Y
lOil
Siiuli Ste. Marie, Mich
781
Sansalito Cal.
751
San
\
\
119, 622;
io,ooo
at 4 o'clock P. M.,
may
NY
Y
172
San Marcos, Tex
119
San Patricio County, Tex.
172
Royalton Minn.. 695.
Royso City, Tex
...646,751, 1204
Iowa
N.
t
695. 801, 92^, 9'^9
N.J
Notice Is hereby given that. In pursuance of the
provisions of Article 3, Chapter 2, Title ii. Part 4, of
the Political Code of the State of Montana and of
the order duly made by the Board of County Commissioners of Cascade County, State of Montana, at
a meeting of said Board held on the 38ih day of
September, 1904, the said Board of County Commissioners will, on the 14Ta DAY OF NOVEMBER,
1904, at 10 o'clock A. M. of said day. at their ofl3ce
in the District Court House. In the City of Great
FhUs Cascade County. Montana, under and by
virtue or the order aforesaid and authorized by the
resolution duiy adopted by said Board at a regular
meeilng thereof held on the 28th d y of September,
19C4, at the office of said Board in the District Court
House, in the City of Great Falls, Cascade County,
Bidders
Tex
.119,23).
V81, 522. 6-6, 1357
Sandy Twp. Sch. Dist. Pa.lS57
Sin Krancifco. ral.798. 989, 989
9S3
Rockf rd S. D No. 68, 111.10 3
Rockport. Ohio
172
119
Rock River Ohio
1394
Rogers Sch. Dist., Tex
Rolfe lud. Sch. D., Iowa.. 119
By virtue of resolutions of the Board of Chosen
Freeholders of the County of Hudson, State of New
Jersey, passed at the meeting held on Thursday
October 6, 1904, sealed bids and proposals will be received and opened at the meeting of said Board to
ebeld In the Court House, Jersey City, N. J,,
Hudson
,
Sandusky, Ohio
;
1357
119
761
Robinpoi) Twp .III
Rochester, N. Y.119, 172,
COUPON BONDS.
for the sale of tSOO,000
Pa
Joseph Twp., Mich ...1291
Mary'n. O.UH. 173. 286.
i
1357
'1,
'
fll.l
River Rouge. Mich
Rivorton. S.3
1492
928
1S56
PARK COUPON BONDS.
MONDAY, OCTOBEB
8
695, ^0I
t22.
695. 1492
li9
BaiisburT Sch. Dlst., Pa... 1053
ian Angelo Tex
173
San Antonio Tex
2S0
Sanborn Co.. 8. Dak
696
I
S.D..N.J..
1053, 149
119, 10o3
Rotterdam Sch.
QuincySch
Quitman Co
622
t^-^2
Ripley. Tenn
\'2
Rising Citv. Neb
River Bend Sch. D., Cal... 1053
1492
Ill
172
884
Mo
Oj., Ind
SaMoa. Colo
•
J. 172,
231,885,
KldgewoodTwp
I
Queen
N
Joseph
Joseph
173, 286. fl<6
5'2. H96. 7'1, 8J1. lO'S. l.^'>7
Paul, Minn
230. 1357
Sal'-m. Mans
173. l-.9i
Sal'-m. Ohio. 696, 761. 601, ^r,^)^
Salem. Va
286. wu.i
Salem Ci.. N. J.. .588, 695, 1493
Ida.. 22-
28
64*1 1'29
751." 929
M ch
St.
172
1-60
1,
Igna'e.
John, N. B
Johns. Ore
St.
St.
Ohlo....52«,
1053, 1.35i. 1492
,
Md
Ridgely.
Prospect Park, N.J. 800, 9''8
Prospect Park, Pa
522
Pueblo, Colo
751. 10.'.3
Pueblo Co.. Colo
229, 751
Puebl 8 D. No. 20, Colo., 2s5
Pulaski Co., Ind
.. 12«4
Putnam
Putnam
Putnam
No.
Rldgefleld Park.
696
Poynette.Wls
Princevllle.
.
Richmond. Ind
1367
Rich Valley Twp.. Minn..
t28, P8»
5?«, 895
Prairie Depot, Ohio
I
IHe-^
Rlchardson. Minn
RlchlindCo
1291,13.51
285, 646. 9i!l
N.Y
Rt.
St,
St.
HI.
St.
,
isea
CitT, Cal
N. W. T
R>iid-vllle. Ga
Rexburg 8.
Potsdam Union Free Sch.
Dist. No.
Okla
172. 622
'
No.
Dlst.
..
Ind
H4.'-.
1291
8,
Redwood
800. 1^9
V ue. Pa
#soo,ooo
HUDSON COUNTY,
695
mw
Port Arthur, Ont
..J033
Port Arthur Sch. D.. Tex 800
Port Chest er. N. Y.695, 800, 988
Port Dover. Ont
i29
Portland. Me
119, 12
Portland. Ore
989
NEW
LOANS.
9
Polk Co., Iowa
Polk Sch. Dlst., Ohio
815
Portage la Prairie Scb. D.
No. 10, Man
1294
Port Acgeles, 'Wa«h...l72.
Port
12><4
...
Ida.
8,
7.'il
HavCo.. Vo
Reading. Pa
761, 98
685,1291
R.d Clond.Neb
928
Redfrew Co., Ont...
l.lfin
Portsmootti.N.H
Portsm uth, Ohio
Porttmouth, Va.
Pa
,
aglniiw. Mich. 119, 172,
!i8-). t,2^. --Ifl. 781. 1294. 13.''.7
St. Gather nes, Ont.. .119,
1294
.
No.
8. D.
Ind. Sch. Dist Tex.
119,286, 522,1038
Sacramen'o. Tal
Bli-
12l'4
Rnvenna. Ohio.. 119,761. li9J
Kaveuna Ind. S. D.Tex..
521
Hi5<*
2^6, H«5
I860
Preble Co.. Ohio
Penn Yan,N.T.21i9,2-5,751,
lU'hdram
Page.
Rusk
,
928, 1V9I
Ksnkin Koro. Pa
Raukin Sch. Dlst
11><
119,
6n
Kalelgh. ^. C
Ha'ln Co M<>
,
751.
521, 1351
,
M9
9K9
IUnd<.lph Co.. Ind
1B58
621
W. V»
172
J
Kainy Klver. Ont
KNmap). N V
Bub.
Plinv,
1356
1)aclflO Co..
1291
8(.0
W. Va
N.Y ..
easanlsCo.,
Pl<>a^antvllle,
141'1
Oxford Sch. Dist.. Pa
Oxnard. Cal
'
1S5H
1366
Orange, Tex
No
62
696
621
f
OraDKe N.J
Oxford. Ohio.
P
329
600,1^94
1S51
Ox'ord.N.C
9i;8.
Pittsburg. Tex
l>ltiHburgb
Luck7
Sch. DlKt.. Pa
Pla n City, Ohio
Plain City Sch D.,0
Plalnfleld, N. J
Pa^e.
UahWay.N.
PlKltah Sch. Dlst., Iowa... 7.')1
HOO, 989
Pitcalrn. Pa
Pittsburgh, Pa... 229, 751,
Minn
Plym nth. Mich
Pohli z, Minn
Y
Penn Yan. Un.
Oklahoma City, Okla 80, l2^t
Oklahoma City 8. D Okla.1294
e45, 696
Omaha, Neb
Oneida,
'51
Owatonnn. Minu
Ox'or.l. N.
927
5,
75
PACK.
«46
Oghawft. Ont
T51, i^M
Ocueo, WlH
OhttfRnlfhle. N.Y... 10^2, 1491
Ot«roCo.. N. Mex
«»6. 10.i2
1356
Ottiiwa, Kail
Oiluwa, Ont
22», 751, 988
Ottawa Sch. Diet. No. 141.
18B«
111.
'.IH
Otier Ta'l Co., Minn
vpr'on Sch. I)., Tex. 171, »<4fi
Ovid Un.Kr.S D.No.l.N.Y. 229
1
BONDS.
NASSAU STREET, NEW
.nterest Paid on Daily
and
BONDS
s^SBk CERTIFICATES
Also
Hand.vtimelT
eiKravt'd; steel plate effect.
chca er kind, parily llihonraphed and partly
printed fr.im type. 1(H) Stock Ce'titlcates, $3 to
125; the latter CI ergytd with steel pla e borders
elesunf. Seal Press, If wlh Ceriitlcates, $1 50.
tbi>
YORK.
Tirr.e Dsposit*.
—
ALBERT B. KING & CO,, 105 William St., N.Y.
En;L:raver8
and Lithographers.
(Telephone.)
h
,
Oct.
THE CHRONICLE.
15, 1904.]
1667
INDEX TO STATE AND CITY DEPARTMENT— Concluded.
PAGE.
Sebring 8pl. Sch.Dlst., O. 752
1357
Sedgwick Co.. Colo
Sedgwick
Co.,
Kan
230
• ''^^
Seminary. Miss
Senacavllle Sch. D., 0.173, 286
8"^
Seward Co, Neb...
Seymour S. D., Ind....00fl. 1357
Shamokln Sch. DIst., Pa.. Pi'6
Sharon S. D N. Pafe..ll9, flig
Shawangunfe. N.T...1054, 1357
,
Shawano, Wis
Shelby, Obio
Shelby Co., Ohio
««
28B.
5 2
l^R
980
Shelbjvllie. Ind
Sbephard Spec. Sch. Dipt.,
119.2.30 646
Ohio
vm
Sheradf n
f='ch.
Sheridei),
"Wyo
D., Pa.752,
752, 12B5
Shreveoort. La
Silver Creek. Miss
Silver Springs, N.
SlonxCitT. la
IJI^i
286, ^02
T
7f>2
1'3
'52
Sioux Co Iowa
Sioux Falls. So. Dak. .618 74«
,
.
Skaneateles, N. Y....1295, 1357
230, ovn
Slippery Rock. Pa
225
SQiabarT»p.. Mo
Snow
Hill,
Md
6*-^
Soldier Sch Dist., Idaho.. 1358
Soledad Sch. Dlst., Cftl....l36H
696, 929
South Bend. Ind
90
South Brooklyn Ohio
South Harbor Twp.Minn.'llP
South Milwaukee. Wis.... 69"
.10j4
South Norwalk Conn
South Omaha, Neb....2«6.
i
802, 1358, 1498
South Orange N. J
South Sharon, Pa
17a
IIP,
280. 6?3
119, 5<'3
Spalding Minn
802,1295
Ill
1051
Bpencerport, N. Y
Spokane Co. Sch Dlst. No.
752
61. Wash
Spokane fo. School Dlst.
I'S, 987
No.86. Wash
9)0,1357
Spooner, Wis
Springfield, Mass.. 230, 287, 7 2
752
Springfield, Neb
Springfield, Ohio
523, 629
Springfield Pleasure and
173
Driveway Dist., Ill
Springfield Sch D.. 0.119, 2M7
Spring Grove Pa
762, 1493
Squaw Creek Drain. Dist.
1.3, 990
No. 3, Mo
1295
Stafford, Minn
Sparta.
PAOB.
PAGE.
Ga
929
Stamford, Con n
Stanish Sch. D., Mich.83i. 753
lln, aSO, 929
Stinlev, Wis
1295
Stark Co.. Ind
13B8
Sterling Co., Tex
2S0, 753
Stillmore, aa
92»
Sullivan Co.. Ind
929
Sulphur Sprii'gs, Tex
287
PummitCo.. Ohio
2S7
Sumpter, Ore
230
Sumter Co., Ala
Sussex Sch.Dlst., N. J.... 1054
Swlssvale Sch.Dlst., Pa...
753,1295.135-!
646
Sycamore, 111
80^
Sydney. N. S
119, 696
Sylacuga, Ala
Troup
T amaqua. Pa
aldosta Ga...2>-7, 802, 1051
Valley Fal's Sch. D., N. Y. 120
Van Wert Co., Ohio.. .647, 9E0
Van Wert Co., Dixon Free
TurnpikeNo. 42. Ohio... 697
Ventnor City. N J ...
1293
Vesta Ind. Sch. Dist. No.
102, Minn
523. 808
Victoria Co., Ont
1056, 149 i
Viennn Twp., Kan
231
Vigo Twp., Ind
231. 287
Twin
y
No.
Warsaw Ind
West Palm Beach, Fla
West Rldgeway, Ohio
West Sch. Dist.. Tex
697
D.. Ind.,
990, 1055, 1395
West Washington,
95
La Salle
288, 647
12^'6.
BANKERS,
Milk Street,
Twp.Pa
930
159 La Halle
COUNTY
AND TOWNSHIP
CITY^
St.,
Chicago.
BONDS.
Venla,
Ohio.... 697, 980 1352
Yakima
.36.
•-4,
Co. School Dist.
No S5. Wash
232
Co. sch. Dlst. No.
Wash
1056
Co. Sch. Dist. No.
Wash
1296
Yakima Co. Sch. Dist. No.
tl5. Wash
1296
Yakima Co. School Dist.
No
74,
Wash
Yale Sch.
Yazoo
Dist.,
232. 1055
Mich
232
1369
City. Miss
Ind.,
764, 1359
Yoakim, Tex ...288.1055,1293
Yonkers, N.
Y
Yonkers 8ch.
624, 754,
803, 1996
Y... 232
Dist.,
YorkTwp.,Ont
Yorhville,
N
288
1055,1898
111
Youngstown, 0..121,
288,
1036,
1296, 135»
624, 697, 8J3, 930.
^anesville, Ohio
*
See Minnesota,
1369
p. 118. 234.
MANILA SISAL AND JUTE
CORDAGE.
1904.
States Life 65
Wall
Street,
New
York.
Insurance Co.
THE CITY OF NE W YORK.
P.
Munn, M.D.,
President.
Warren,Andrews &
Finance Committee:
JAMES B. PLUM
Leather
CLARENCE H. KELSEY.Pr.Tlt.Guar.&Tr.Co.
WILLIAM H. PORTER, Pree. Chem, Nat. Bank
Co.,
ELECTRIC RAILWAY BOHOS.
Bonds
Ntttinor
5%
a Specialty.
19 W^all 8tre«t,
'Chamber at CoHiniore*.
MKW YORK.
DKTROIT
THE SOUTH.
Investment
Timber, ITIlnes,
Bnf^IncRs
Opportnuitle»4,
E. COCHRAN, 3d Vlce-I lesldent
at the Company's Office, 277 Broadiiay, New
York City.
Secnrittee*,
Keal
Assets, over $8,750,000.
Paid to PoUcyholders la 1903, $1,060,956 70
METROPOLITAN INVESTMENT
are
invited
to
oommanleat©
w
tt'
li:!statc,
ludusirial I'roportlen, Farm or Toivn
Mortgages in all paria of the South.
CO.,
B. t,D WARDS, President, Charleston, B.C.
Commercial and Financial Anent
Business undertaken n all parts of the world.
8ai l»f actorv references
GBO.
ENGINEERS.
H. M.
Byllesby
& Co.,
INCOlll'OKATKD.
ENGINEERS.
For Haslneas Correspondence,
& Company
808
«86
gh'svUle, Pa....
...1493
Wyandotte Sch. D.,Mioh.
232, 080
Wynnewood, Ind. Ter
990
Wyoming, Ohio
121
Wr
Yellow Springs, Ohio. 930, 1493
Congress Street, Boston.
NKW TORIi
H. C. Speer
174, 624
803,129.
36 MAH8AU 8TRKET.
EHtablUhrd IMMS.
Workman Minn
Worth Co., Ga
Worth Co., Mo
The American Mfg. Co.
Co.,
STATE. CITY & RAILROAD BONlJih
Co.,Obio.803, 1055, 1E96
Wondville. Miss
534
Wooster. Ohio
803. 1286
Worcester, Mass. 121. 647,
697, 803, 1291, 1359
MISCELLANEOUS.
BANKERS,
16
232, 6i7, >-03
524
Wichita.Kan
232
Wilkes Barre. Pa
1359
Wilkinsburg. Pa
..930, 1359
Williamsburgh. Ohio
697
WilliamsburgDep'it, Miss.1359
WlUiamston Sch D., S C. «47
Willimantic, Conn
930, 1359
WillmerSch Dlst, Minn.. 174
803
Willoughby. Ohio
Wilmington, Del.121, 12t;5, 1493
TTHITING'S PAPERS.
&
,
Wood
Whittler. Cal
Street, Cblcago.
Blodget, Merritt
624
White River Two.,
8fc8
The United
BONDS
171
1358
Woodbridge Twp. Sch. D.,
N.J
754
Woodbury. N.J
121, 647
Woodbury Co la
524
MUNICIPAL BONDS.
STANWOOD &0 Co.
RICHARD
CORPORA TfOt
Wlnthrop.
Wisner. Neb
Yakima
Dist.
288, 1493
WhiiehouseS. D., O ..174, 647
Whitman, Mass
174
White Plains. N.Y. ...647,
..120, 28-!
Waterloo, Wis
Kan.932. 288
Dist., 111..
282, 524
Minn
647, 930
Pa.524,
Wash
Wtiltehall
r>.,
WInnetka Park
Co. Scb.
69,
Wheatland Cal
White Co.. Ind...
802
...
Winfiekl Sch.
Yakima
No.
990
D'Bt., 111. ...1369
232, 754
Winfield.Kan
West Washington School
Dist., Pa
754, 1035, 1293
Wnartnn Seh. Dist.. Ohio. 121
Whatcom
1296
121
121
E. C.
success,
d^ Co.,
S'SO
...
232
1359
W. Sprlngfled. Mas8...5?4. 6*7
Westa-klwin, N. W. T.174, 754
West Virginia
746
Active and suooeBBful Agents who desire to
make DIRECT CONTRACTS with this well
established and proKresslve Company, thereby
eooring for themselves not only an immediate
return for their work, but also an in creasing
annual income comm«nsurate with their
BOSTON.
524, 7ii4
1493
I7t
120
Weston, Ohio...8"2 1055, 1P59
West Orange Scb. Dist
N. J
764. 803, 9S0
MISCELLANEOUS.
Burr,
60 State Street,
..
Westfield, Mass
West gate la
West Hoboken, N J
185S
120, 231
'20
Washin«ton Co.. Pa
Washingti n Twp.,Ind.647, 135H
W»shington Twp., Mo
225
Waterloo. Iowa
930
Waterloo, N. Y
13 '8
John
INVESTMENT BONDS
MUmCIPAL AMD
120
938
Wenatchee, Wash.
174
War.-aw Sch. D., Ind
Waseca, Minn
Washington, 6a.802,
WrtShiKgton, Pa
six,
IN
MacDonald, McCoy
Dak
West Allis. Wis
1359
West Bay City S. D. Mich. ZS"
West Chicago Sch D., Ill 990
West Covington, Ky
1295
174
Walla Walla Co.. Wash ... 120
929
Wallingford, Conn
Ware, Mass
,751 930
1493
Warren, Ohio
Warren. Prt
764, 990
Warren Co.. Ind.. .231,697. 9«0
Warren Co., Mies .... ... 225
Warren Ind, Scb. D. No. 2,
Minn
f8
.
York.
&
]3.'9
Page.
N.Y
Windsor.Ont
Windsor Sob.
fP"
Wellsvilie, Ohio
I860.
Perry, Coffin
lOl. S.
BOSTON.
& CO.,
2."2
Webster Groves, Mo
1359
Webster Ind. Sch. District
Walrteii. Colo
$50,000 3% dae 1919.
$200,000 3V/o due 1954.
New
l.'^fg
Srh. Dist., Ohio. 232
524, 135
1 59
647. 754
TAX EXEMPT BONDS.
2 Wall Street,
120, nsw
Weatherford, Tex
624
Tex
753
Minn
Wahoo, Neb
120.624,802
WakeCo., N. C
231, 5M
746
Traverse City, Mich. ..120. 231
Trenton, N. J.231, 2i7. 523,
»<6.6t6, 763, 1054, 1493
1054
Triumph, Minn
T.W. STEPHENS
Wilton. Conn
Wilton Junction, la
990,1055
Waupaca. Wis
sgner.
8 12
H02
Tod Twp. Ohio
ToknaSch. D. No.7,Mont. 231
Toledo. Ohio. 120, 231, '^87.
523,753,802,1^93, 1493
231
Topeka, Kan
2S7. 10)i
Toronto Ont
TowerClty Sch.D., N.Dak 696
CITY
Iowa
Wilmington.
Y
WauwHtosa, Wis
Wayne, Mich
Waynesburg, Ohio
Wayzata, Minn
Waco,
Thief River Falls Ind. Sch.
D. No. 18, Minn.120, 287, 1358
623
Thomsi>n. Ga
... ^02
Thomasville. Ga
Three Rivers S.D., Mich.. 174
...1054
ThiiretonCo., Wash
Tiffin, Ohio
646,746, 929
Tilden S D. No.80, Neb.120, 523
231
Tillamook, Ore
NEW YORK
all,
PAGE.
Watertown, Mas8.174,9.38, 5'8-<
Watervliet N.
Watkins. N.Y
Wauseon
802
Trr. Dlst ,Cal.e96, 185'<
523
Valley, Minn
Vlllisca, Iowa
Vincennts Sch.
641,10.9
INVESTMENTS.
Y
Utlca Spl. Sch. Dist., O.... 231
'
Township of Ninety
S. C
120
174
802
Union City Sch. Dig.. Pa. 28r
6H7, 929
EionCo., N. J
Urbans. Ohio
287,697, 802
120
Ut lea, Mich
Ullc-i, Miss
9 '9
Utica.N. Y
174, 231.1?58
—
Tltusvllle Sch. Dist., Pa..
153
Turlook
1
Texas
....523,647, 7ft8
Trny.Ohio
Trumansburg, N.
Tunica. Mass
albert Dr. Dist., Cal.52^, 6^6
173, 231
231,185'^
Tampa, Fla
287
Tangipahoa Parish, La
73, 287
Tarei turn. Pa
Tarrytown. N. Y ...1054.135
f>21, 616
Taunton, Mass
646, 696, 7S3
Tayl-.r, Tex
TaTlor S. D., Pa...5v3, 763, 929
Tazewell. V^a. .. 623, 758,1493
753
Tempa, Anz
Tenaba Sch. Dlst., Tex .. 12j
1019, J35
Tennessee
1368
Tennllle,Ga
Terminal Sch. Dist.. Cal.. 120
12J5
Terrace Park, Ohio
.
Co.,
Troy, Idaho
Troy, N. Y
Whether for letter written with yourowu hand, or
by:the typewriter, are UNKyi;AI,KI). Their qualltj
li nssured and they have won hlKhest honor* at all
the (jreat WorlJ'i Kalrs. For high erade wrltlnn
papers of nil kinds, for bond papers, ami for ledce'
papers, insist on havUiK hem made by the
DESIGN, CONSTRUCT AND OPERATB
RAILWAY LIGHT, POWER AND
WHITING PAPER COMPANY,
Exanilnatlona and Reports.
HYDRAULIC PLANTS.
I
IIOI>^
New
York.
OH
K, i>IAMH.
Philadelphia.
Chicaoro.
New York
Life Building,
CHICAUO,
ILL.
:
1
THE CHRONICLE.
068
[Vol. iJiiix.
Iiccotitttants.
Jtrtist C!>ompantcs.
Wilkinson, Reckitt,
lliams & Co.,
15^E9U1TABLE
TRUST COMPANY
YORK
W
Certified Public AccountantB
(Illlnota)
niAUQLETTE Bt'ILDIMU.
ClilCAUU.
i^.i:y¥T
NASSAU STREET EQUITABLE BUILDING.
i.j\r"
15
H.
C
E. H.
W.
Alvin
Demlng,
Harrlman,
E. Tarbell,
John
F.
J.
Otto n. Kahn,
Jamei) Heinry Bmltb,
Geo. H. yqalre,
Bradlsh Johnson,
WllUaiu Alexander,
Alvlii W. Kreoh,
M. Hartley Dodge,
E. M. Alexander,
8. M. Inn-'an,
Frederic R. Coadert,
H. H. Porter Jr.
W. H. Crooher,
C. F. Adrai8 2n3,
John M. HaU;
Vlce-Preuldent.
L. L. Gillespie,
Vlce-PreBldent.
Dryden,
F.
De Witt Cnyler.
D. H. Moffat,
W.
Fulle,
860.
and Treas.
Lyruan Rhoades
Jr.,
AsBt. Secretary.
L. Gillespie,
Clarence H. Maokay,
Wmiam H. Baldwin Jr.,
H. M. Walkar,
Bli WUllam O. Van Home,
Chaunoey M. Depew,
W. B. Banklne,
Edward
ABBt. Treasurer.
M
MONTGOMERY,
Public
Certified
Accountants.
(PenninylvaDla)
Stephen Glrard Building.
FHiL.AOEL.PHIA.
Wall Street RxchnnKe Bnildlnr.
NEW YORK.
HASKINS & SELLS,
Hoaar,
L. F. Loree.
CEBTIFIED PUBLIC ACCOUNTANTS
Individuals and Corporations,
interest on Dailv Balances.
Deposits
Solicits
PII11.AUEL.PHIA.
LYBRAND,
ROSS BROS &
W. Alexander,
V. P. Hnvder,
James H. Hyde,
T.
Lawrence
Kreoh,
President.
H. C. Fnok,
0. B. Alexander,
WUUam H Molntyre,
T. H. Hubbard,
Gage
NKW YORK.
tklthtej:s:
TRUSTEES
JaniM n. Hyde,
i«tepheii iilrard BIdt.
Brondwiir,
JJ
ot
30 Broad
30 Coleman
SURPLUS. S9,OOO.GO0
CAPITAL, 83,000.000.
Street,
New
Street,
London,
York.
E. C.
Cable AddresB, " HASK8ELI1S."
^iuatxcial.
ATLANTIC MUTUAL INSURANCE COMPANY,
New York, January 20th, 1904.
Charier of the Company, submit the following statement of
its affairs on the 31st of December, igoj ;
73
Premiums on Marine Risks from Ist January, 1903, to 31st December, 1903... $3,174,147
aou,db8 5b
Premiums on Policies not marked off 1st January, 1903
the.
$3 974.516 29
Total Marine Premiums
Premiums marked
off
from
$3,250,364 45
December, 1903
$336,185 20
,^00$448,108 97
111,923 77
Losses paid during the year which were estimated
$322,490 79
In 1»<)2 and previous years
1,065,141 83
Losses occurred, estimated and paid in 1903
Less Salvages
Ke-insurances
„....
$146,587 55
64,028 75
lu the
Bill
and BeorBanitatlons.
iHTeBtlKotlons an Aodlls of B<inklnc and
Stock Brokerase Hoase*.
Pogson^ Peloubet & Co*
210,616 30
NEW
YORK, 42 Broadivay.
CHICAGO, Marquette Building.
GuNN, Richards & Co.
WV
Receivable
PRODUCTION ENGIKEEES.
PUBLIC ACCOUNTANTS.
182,001 68
89,461 72
foreign countries
^
St.
Telephone 6940-6941 Broad.
WM. FRANKLIN HALL,
Accountant,
$12.025.021 81
Amount
Interest on the outstanding certificates of profits will be paid to the holders
February next.
jiereof, or their legal r. preseiitatlves, on and after Tuesday, the second of
The outstanrliDk certificates of the Issue of 1 898 will be redeeine.t and paid to ihe holderfi
from
thereof, or their lega. representatives, on and after Tuesday, the second of February next,
which date nil iiiteres'^ theieou wlU cease. The certificates to be produced at the time o.
canceled.
payment, and
,
r^
A dividend of Forty per cent Is declared on the net earned premiums of the Compan7
issueri
for the year endlntr 31x1 Deeeml>er, 1903, ror whieh, upon application, certificates will be
By orter or the Board,
on and alter Tuesday, the thiid oi May next.
Six per cent
ExcUauge Bnlldlne,
and 43 Exchange Place.
Street
inrall
43 WslII
1,107,221 88
hands of European Bankers to pay losses under policies payable in
aeb In Bank
PUBLIC ACCOUN TANTS.
ST. LOUIS, Chemical Building.
BUTTE, Hennessy Building.
The Company has the following AsMPts, viz.:
a>m. tnr noA nn
$5,170,084 00
United Htates and State of New York wtook; City, Bank and other Securities
1<°12,252 t>6
Special (leposlrs in Banks and Trust Companies
i>-„--^A^-%VA
$3."89,000
Place...
Exchange
Real Estate corner Wall and William Streets and
75,000 iJ,8b4:,ouu 00
Other Real instate ana Claims due the Company..
Cash
of Financial Conditions and Eamlngt,
Reports and Adjustments for Consolidations
zamlnatlone
$1,387,632 62
$1,177.016 32
Betums of Premiums and Expenses, $467,841 97
Premium Notes and
Pltteburgh.
CERTIFIED PUBLIC ACCOUNTANTS
128 Broadivay, New York.
Ist January, 1903, to 31st
Interest received during the year
"
"
"
lessTaxes
Rent
St Louis.
"™"'W. F.WEISS,
OFFICE OF THE
'The Trustees, in Conformity xcUh
Cleveland.
COaoago.
'''IsTate^Stre^'
B^^TON, MASS.
Examinations and Investigations conduced with the utmost
care and efficiency.
Books audited.
j.-,
ST .iINTON FL,01fI>-J0NES, Secretary.
TRUSTEES.
LEVI P. MORTON,
HEUHKRT ClUGOS.
HKNKY PARldll,
Cl.KMK.sT A. UlvlsCUM,
€J.
GUSTAV AMPINCK.
F.tANCIS M B\<;uN.
JOH.N" N. BlCAni.
BO TON
Wll-LIA.M
VElt.V'iN II. I.HOWN,
BKOWN,
WALDHOV
JOSKP'.l U. U ACM AN,
I'
t.
I
!•
<
ILAUK,
O'.lNKLXtJS Kl.UKKT,
KWA1.0 Ft.BlTMANN,
8'€OI<(ill
I".
LOOMIS,GONANT&00.
CERTIFIED PUBLIC ACCOUNTANTS
30 Brunei Sireei. New York.
Tel. 4ii5S Broad.
L,.
FUKOEKIC A PAHSONi
DALLAS B. PRATT,
GKOUUK W. QLl.NTASI
A. A. HAVKN.
JOHN L. KIKER,
DOUGLAS KOBINSOT.
GUSTAV U. SCIIWAS
WILLIAM C. aXUKaKSs
ANSON W. 11 A HI),
Jl' KUIS K. .JKSri'.
I.KWIS TASS IjKDVARD,
FKANCIS ll.l.KGUKTT,
niAKLKS n LKVEIilCn,
I^EANOKll N. l.OVKLL,
GtOHGK U. M \CY,
CUAKLKS U MAUSHALL,
W.U. U. MOUUKi,
A. A.
F.
R.WEN,
56
of All
PINK STKKET,
Aurtit <o. of
NEW
N. T,1
YORK.
Tel. 4261 John.
JAMES PARK &
ri'e-Fres't.
^llautle Itlntaal Inaoraneo
ManHB.T of the
CEKTIKIEI) I'UHLIC ACCOUNTANT.
President.
A PAKSONS,
CERTIFIED
COBNKl.Il'S ELDKRT, zi Yiee-Pre^t,
THEO. P. JOHNSON, jd Yice-l^es't.
INVESTMENT BONDS.
ALFRED ROSE,
iliSte N. Y.
PUBLIC
00.,
ACCOUNTANTS.
5'i '{road»*ay. ^©w York.
M'iS l.a Salle Street. Chicago.
Compau7
8«rlK
Fred H. Smith,
Years Bousht and Hold.
stock Broker,
SEND FOR
LIST.
fOHN M. GILLESPIE,
66
BROADWAY, N.Y.
Established 1868
N«w Tork Produce ExchariKe.
Members New
Y urk Con. Stock Kxchauiie.
,
OENISON, PRIOR & OO.
CLEVELAND.
BOSTON.
Koom
49-61
No. 518 Atlantic Ballding,
Wall
Street,
NEW
lOBK.
;
news of the Street
etticiem ter^lce for either trader
marketlstter
for
special
Write
or Inrestor.
My office
is
In receipt of all the
Prompt and
@FedFRASER