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r e p r e s e n t in g t h e i n d u s t r i a l a n d c o m m e r c ia l in t e r e s t s o p t h e u n it e d
states
.
[Entered according to Aot of Congress, in the year 1894, by the W il l ia m B. D a n a C o m p a n t , In the office of the Librarian of Congress.]
VOL. 59.
SATURDAY, OCTOBER 20, 1894.
the loss from 1891 is slightly more than 35 per cent. Outside
of New York the excess over 1893 is 7*5 per cent, the loss from
1893 reaches 18-9 per cent, and the decrease from 1891 is 13'1
per cent.
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W I L L I A M B . D A N A C O M P A N Y .) P u b lish ers,
P in e Street, N . W . Corner o f P earl Street,
Post Of f i c e B ox 9 5 8 .
n e w YORK.
CLEARING HOUSE RETURNS.. \
Week ending October 13.
Clearingslat—
1894.
New Y o rk ........ .
Philadelphia.......
Pittsburg.............
Baltimore.........
Buffalo......... .
W ashington........
Rochester............
Syracuse..............
W ilm ington.........
Binghamton.......
S cranton*...........
Total M iddle...
478,844,753
59.473,740
12,933,684
13,610,400
. 4,207,625
1,693,541
1,313,666
970,265
718,442
'348,800
642,494
574,114,716
484,649,224
52,209,850
11,413,828
12,045,680
2,839,151
1,617,978
1,496,061
1,003,754
723,237
339,600
568,398,353
B oston .............
P ro v id e n ce .......
H artford............ .
New Haven.........
Springfield...........
W orcester............
Portland..............
Fall R iv e r.. ......
L o w e ll...... ............
New B e d fo rd ......
Total New Eng..
1 80,075,230
5,271,900,
• 2,207,701
1,570,769
1,356,694
1,225,000
. 1,251,901
742,891
649,715
382,987
94,734,788
78,217.982
5,037,100
2,682,009
1,409,300
1,232,360
1,076,01r
1,314,388
771,775
690,756
576,532
93,008,219
Chicago..................
Cincinnati..........
Milwaukee............
D e tro it.. . . . . . . . . . .
Cleveland..............
Columbus.............
Peoria...................
Indianapolis . . . . .
Grand R ap id s....
Lexington...........
Saginaw................
Bay City..............
A kron........
Springfield, Ohio.
Canton.................
Tot. Mid. W est’n,
92,013,958
86,403,976
13,119,550
11,950,450
4,879,220
4,903,051
5,888,742
5,687,156
6,530,577
4,489,382
3,298,400
2,865,300
1,637,500
1,823,435
1+06,838
' 1,335,131
870,025
811,280
339,225
303,968
309,515
301,032
282,459
270,818
f 245,013
200,000
215,615
172,821
170,769
138,744
130,393,401 121,471,209
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, October 30, have
been $934,758,105, against $916,373,593 last'w eek and $935,535,116 the corresponding week of last year.
San Francisco......
Cl e a r in g s .
Returns by Telegrayh.
Week Ending October'20.
. 1894.
1893...
P er Cent.
11,135,742
76,093,540
20,170,211
7,706,288
$424,034,525
64^567,559
49,924,343
10,258,065
77,329,042
17*326,560
-8,785,369
- 3-6
- + 8-3
+10-7
+ 8-6
J i n 1-6
, +16-4
—12-3
Seven cities,15 days.......
Other citiès, 5 days..............
$649,191,550
131,904,211
$652,225,463
125,763,208
— 0-5
+ 4-9
Total all cities, 5 days__
All cities, 1 day....................
$781,095,761
153,662,344
$777,988,671
147,536,445
+ 0-4
+ 4-2
Total all cities for week..
$934,758,105
$925,525,116
New York............................
Boston.---- . . . . . . __ . . . . __
Philadelphia...... ................ i.
Baltimore.......... .................
Chicago. . . J....'.i . . V . . L
St. Louis............. ................
New Orleans'. . . . . . . . . . .........
$408,898,800
69,936,702
>
+ 1-0
The full details of clearings for the week covered by the
above statement will be given next Saturday. W e cannot, o f
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night.
Our usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, Octo
ber 13 are presented below, and we also give the totals for the
corresponding week in 1893, 1893 and 1891. In comparison
with the preceding week there is a decline in the aggregate
exchanges of a little less than one hundred and thirty-three
millions of dollars, the decrease at New York being one hun"
dred millions. Contrasted with the week of 1893 twenty of
the cities show losses, but in the total for the whole country
the excess reaches 3'8 per cent. Compared with the week of
1892 the current returns show a decline of 21*8 per cent, and
NO. 1530
1894.
P . Gent.
1892.
1891.
• + 2-0
639,909,072
79,955,122
14,750,222
10,329,112
3,999,795
2,290,031
1,691,298
1,072,204
983,505
281,800
724,253,014
69,253,541
14,292,021
15,529,477
4,405,436
1,644,760
1,492,223
929,377
834,520
286,000
+ 1-0
745,666,961
822,921,569
104,030,473
6,380,200
2,207,802
1,660,913
1,454,583
1,444,669
1,468,781
837.252
771,814
632,512
120,888,999
100 534,121
6,485,600
2,353,220
1,740,820
1,408,081
1,374,667
1,101,706
—1-2
+13-I
+13-3
4-13-0
+48-2
+4-7
—12-2
- 8-8
—0-7
M
—17-7
+11-5
+10-9
+13-8
—4-8
-3 -7
—5-9
—33-6
+1-9,
+6-5
+9-8
—0-5
+3-5
+23-2
+15-1
+11-4
+ 5i'3
“
47-5
•2
+ 11-6
+
2-8
109,177,396
17,039,000
8,541,837
7,9»3,624
6,346,757
4,058,000
1,973,535
1,182,59s
1,147,948
512,663
310,809
913.847
837,738
110,809,800
95,705,026 \
14,083,300
7,618,076
0,784,273
5,478,807
3,406,300
•1,795,378
2,230,955
1,197,565
450,000
+4-3
+22-5
+24-8
4-23-1
169,202
+U3
159,064,468
138,709,680
13,000,000
+2-0
1,337,688
44s
801,715
A 51-4
409,562
- 21-8
473,030
•23-7
725,947
-17-2
400,000
- -54-1
114.849 +137-0
121,747
-29-8
127,101
+9'4
17,511,639
+ 8-0
19,439,127
2,736,043
2,023,690
1,067,380
1,379,793
793,500
859,410
963,481
150,000
19,902,640
2,498,354
1,780,504
996,803
1,274,697
803,500
P ortland................
Salt Lake City......
Seattle...................
Tacom a............ ..
Los A ngeles.........
H elena............. »...
Spokane.................
Sioux F a lls ........
Fargo....................
Total P a cific....
13,337,209
1,394,311
1,237,580
498,973
585,110
851,146
616,528
272,198
85;426
139,043
19,017,524
Kansas C ity.__ ;.
Minneapolis..........
Omaha...................
St. P aul............ “
D en ver..................
D uluth...................
St. Joseph.............
Sioux City.............
Des M oines...........
L incoln..................
W ichita.................
Topeka. .. ........
Frem ont................
Tot. other W est
: 10,289,745
8,546,491
4,696,697
4,227,515
2,811,721
2,251,08?
1,461,247
098,975
1,188,831
613,782
359,058
359,430
63,359
37,467,938
9,230,798
7,089,485
4,963,710
3,261,997
2,652,570
1.786,488
1,394,355
535,
768,454
462.241
334,218
337.971
116,078
32,934,623
St. Louis................
New Orleans.........
Louisville...............
Galveston...............
H ouston..................
Richm ond...............
S a v a n n a h ............
Memphis.................
N a sh v ille .............
Atlanta....................
N orfolk....................
Dallas................ .
W aco.......................
Fort W orth...... .
Birmingham...........
Jacksonville...........
Chattanooga... . . . . .
Total Southern..
23,797.870
8,858,564
5,725,232
3,691,767
3,741.115
2,195,387
3,061,814
1,808,846
1,012,567
1,281,049
933,455
1,530,803
1,050,000
850,000
371,757
349,873
225,067
60,545,220
21,783,516
+9;2
9,011,555
5,818,835
—1-6
4,000,605
—7-7,
3,744,908
-0-1
2,170,879
+ 1*1
3,682,013 —16-8
1,491,308 +25-3:
666,119 +52-0
1,349,336
-5 -1
1,075,496
-13-2
943,196 +62-3
l,180,75r
—11-1
520,783 +03-2
93,138 +299-1
269,827
+29-7
214,940
+4-7
58,017,217
+11-5
+ 20-6
-5 -4
+29-6
+ 6-0
+26-0
+4:8
+30-5
+7-4
+6-4
-45-7
+13-8
'
27,589,539
27,558,968
12,460.591
11,712.684
6,343,901
5,802,964
4,113,483
10,171,235
9,970,007
4,501,441
5,864,264
4,716,257
2,050,282
1,668,632
945,111
833,135
461,358
572,288
413,715
2 , 200,000
1,830,324
1,212,214
1,099,410
680,841
514,252
432.397
99,000
49,211,961
42,147,725
25.204.236
26,808,283
10,323,456
10,736,008
6,908,201
7,944,655
4,709,251
4,932,937
3,479,544
3,652,306
2,444,960
2,630,538
1,965,590
3,457,682
2,040,120
8,370,584
4,419,262
1,872,661
1,873,409
1,959,579
953.348
1,248,802
850.000
875.000
890,416
596,320
025.000
1,020,588
487,895
550,347
300.000
464,393
403.000
70,384,718 '03,528,788
Total all..............
910,273,593
891,341,260
Outside N. York.
437,428,840
406,692,036
+7-5
539,093,381
503,422,901
M ontreal.................
T oron to...................
H alifax...............
Hamilton................
Winnipeg*...............
Total Canada......
11,957,157
6,214,692
1,276,010
760,800
1,558,452
20,208,719
11,222,982
0,037,015
1,158,479
730,753
+6-5
+2-9
+ 10-1
+3-3
12,392,428
7,113,330
1,157,085
799,014
10,619,040
19,155.2291 . +5-5
21,461.857
18,791,040
1Not included In totals.
1,172,702,453 1,227,676,515
6, 100,000
1,275,000
797,000
THE CHKONLCLE.
668
THE F IN A N C IA L SITUATION.
There has been no essentially new feature in busi
ness affairs this week unless the starting-up of the
mills at Fall River on Monday following the resump
tion of work at New Bedford last week may be so
considered. The New Bedford employees went to work
at a 5 per cent reduction in wages and the Fall River
mills resumed operations at a 10 per cent reduction.
The fall in price of print cloths 64x64s since the Fall
River mills opened from 3 cents nominal to 2 f cents
has been quoted as indicating disappointment in the
demand. Whatever may have been the change in the
demand during the week, it is not indicated in this
lower quotation. . When wages were reduced and the
Fall River mills closed, low middling upland cotton
was ruling at 6^- cents and the price of 64x64s was 2 ‘61
cents; this week cotton of the same grade has ruled at
ftf- cents, or a decline of 1^ cents, while print cloths are
quoted at 2'75 cents, or a rise of 14 one-hundredths of a
cent. I f the mills could keep this difference between the
price of their productions and of the raw material they
would have a very profitable year. In other words, the
decline in print cloths was merely an adjustment
which the very large decline in cotton made necessary
when the mills began operations again. This explana
tion applies also in good measure to the late general
declines for cotton goods in the dry-goods market and
accounts for the less active buying of late caused by the
disposition which declining prices induce among all
parties to hold small stocks of goods. Indeed, for a
time small stocks are also an inevitable outcome of
tariff reduction. Until retailers are satisfied that the
markets have discounted all the effects on prices of the
lower tariff rates, they will buy only from hand to
mouth. The moral of the foregoing is that no one
should anticipate any but a very slow improvement in
business.
President Roberts of the Pennsylvania Railroad has
furnished the key-note to the existing trade situation in
an interview with him published this week. In the
headlines of some of the papers his utterances have been
described as extremely and enthusiastically “ bullish. '
On the contrary Mr. Roberts is very conservative in
his expression of views, and he furnishes just such a
clear insight into the condition of things as one would
•xpect from the head of an important transportation
system like the Pennsylvania. He says he does not
believe that there will be a speedy or radical rebound
from the late depression, but he looks for a gradual and
general improvement. A ccording to his observation
there is already a general return throughout the
country to manufacturing activity, the manufacturers
of iron being more active than for a vear past, though
prices are almost down to cost. He dwells with par
ticular emphasis, however, upon the close relations ex
isting between the railroad interests and the general
welfare. The railroads are enormous purchasers, and
any limitation or diminution of their purchasing power
is immediately and severely felt in many branches of
trade. The material account of the Pennsylvania
Railroad, he points oat, is less to-day by 50 per cent
than it was a year ago.
]Jere then we have the whole matter in a nut-shell.
There can be no general or widespread prosperity un
less the railroad carrying industry is prosperous. For
a period of about fifteen months the revenues of the
roads have been contracting in a perfectly surprising
manner. In the first six months alone of the present
[VOL. Lix.
year gross earnings of the roads, as we shoved a little
while ago, fell off 100 million dollars. There are in
disputable evidences now of improvement. Bat in
order that the roads may net profitable results, it ia
necessary that they shall be allowed adequate compen
sation for their services — that is, be permitted to
charge fair and reasonable rates. Under existing con
ditions such rates are practically denied to them. One
of the things which stands in the way is the prohibition
of pooling in the Inter-State Law. Mr. Roberts thinks
that section of the law ought to be modified or changed.
We think so too. But whatever one's views on that
point, it is in the highest degree essential that the
railroad interest shall be placed upon a remunerative
basis. The public and our legislators, therefore, have
a duty to perform which they should not be slow to
discharge. We have urged this view time and again in
these columns, and it must now receive full attention.
Mr. Roberts does not at all exaggerate when he says
that this question is hardly second to the tariff problem
which so deeply agitated the whole country a short
time ago.
The market for money is in somewhat of a de
moralized condition. Call loans, which have for so
long ruled at 1 per cent, with all the offerings easily
placed, and which more recently were still kept at the
same rate, but with only a small portion of the offer
ings taken, have this week fallen to £ of 1 per cent,
loans of round amounts having been placed within the
past few days at that figure. This low rate is generally
regarded as the first break of the year below 1
per cent, but it has been made in one or- two
instances
before,
though
under
circumstances
which indicated a purpose to influence stock specula
tion. So far as time money is concerned there appears
to be no demand of consequence; certainly almost none
for short dates. Commission houses are likewise rep
resented as having made engagements for long dates
fully up to their probable requirements.
Contracts
are freely offered at 2 per cent for ninety days and at
3 per cent for six to nine months. One broker reports
that he has been solicited by a foreign banker to take a
round amount of money at 2| per cent for seven months,
it being of course stipulated, as usual by foreign bank
ers, that the engagement should be made in gold.
Extremely low rates are also quoted for commercial
paper.
The supply of first-class names continues so
small and the competition for the best names is so
great that sixty to ninety day bills receivable of the
choicest grade sell at 2^- per cent, and the quotation is
2 £ @ 2 f per cent. Prime four months' single names are
freely disposed of at 3 per cent, as also are four
months' commission house names.
Indeed the only
paper which is quoted at 4^- per cent and above is that
which is classed as good or not so well known, and for
this there is but a light demand.
The more general explanation which bankers and deal
ers give for the small supply of paper is the low prices
ruling for goods and the small stocks of goods mer
chants are carrying.
For although business in many
lines is fairly prosperous, and in a few excellent, the
branches enjoying the greatest activity are those en
gaged in the manufacture and marketing of cheap
grades of products.
One banker cited in illustration
of the low prices the fact that came to his knowledge
a few days ago of a moderately large lot of good grade
(said to be the best) Minnesota flour, which was sold at
the mill for $2 25 per barrel; and the same bank officer
also stated that a calculation made by a prominent dry
O c t o b e r 20, 1894. J
THE CHRONICLE.
669
goods house showed that $8 will buy as much as five early in the week, and after Wednesday it subsided be
times that amount of money would have bought in cause there would be no European mail steimer until
1864.
A recent transaction illustrates likewise the Saturday, though offerings of commercial bills against
cheapness of clothing. A Southern merchant within a cotton, which have been fairly liberal this week, were
few day3 bought 16,000 suits of men’ s woolen clothing, promptly absorbed. On Monday the receipts of these
ordinary sizes, for $8 25 per suit, and never before in bills by the morning mails were about the largest of the
his long experience in the trade had he bought the season, but they were bought by bankers at full rates,
same class of goods for less than $12. Manufacturers, and the market advanced, and in the after
announced
that
$500,000
gold
jobbers and many wholesale houses, •as well as retail noon it was
dealers, are carrying smaller lines of goods than has had been taken from the Sub-Treasury for the
been customary at this season, for reasons given above. account of Kidder, Peabody & Co. for shipment on the
All these conditions naturally result in a smaller bor following day to London; it was reported that the
rowing demand on the part of merchants, and conse gold was sent to cover bills previously sold. On Tues
day the tone of the market was so strong in the
quently in a lighter supply of commercial paper.
Money on call, representing bankers’ balances, is morning that the Bank of British N orth America, the
offered in unlimited amounts at the Stock Exchange Canadian Bank of Commerce, Heidelbach, Ickelheimer
at 1 per c e n t; the demand is so small that large & Co., Lazard Freres and the Merchants’ Bank of
amounts are left unemployed and, as already explained, Canada advanced the posted rates for sterling
round lots of money have been legitimately loaned at £ to 4 88 for sixty-day and 4 89 for sight, to
of 1 per cent. Renewals are made at 1 per cent and which figures Brown Bros. & Co. had advanced their
banks and trust companies cannot obtain better than rates on the afternoon of the previous day. Before the
this rate for their money. Time contracts also show close of the day, however, the demand subsided and
a shortened demand. W hile money can be obtained at the tone was a little easier. On the following morning
the Stock Exchange at or below 1 percent, commission Brown Bros. & Co. reduced their posted rates one cent
houses cannot be expected to borrow for short fixed per pound sterling and all the bankers except the
periods, and consequently the quotation of 1£ per Merchants’ Bank o f Canada, who had followed the
cent for sixty days must be regarded as purely nominal. advance by this house, reduced half a cent. But
For longer dates the demand is likewise small; the market for actual business was only ^ of
lower
for
sterling
and
though the
brokers offer money for ninety days to four months at a cent
2 per cent and for six to eight months at 3 per cent tone was easy in the morning it became firm by noon
without recording many contracts. Foreign bankers and it so continued on the following day until the
offer seven months money at 2-| per cent with the usual afternoon, absorbing all offerings of bills, and Brown
stipulation that repayment shall be made in gold. Bros, advanced their rates half a cent. It was then
First-class commercial paper continues in small supply, understood, and so stated by the leading drawers, that
while there is an urgent inquiry for it not only from the there would be no gold shipments on Saturday, but
city banks and institutions but from out-of town buy there was some selling of short bills and cable trans
ers. There is a moderate supply of fairly good names, fers which bankers suspected were against intended
but these do not meet with ready sale, although some shipments of gold. Yesterday the announcement came
business is done in them. Quotations are 2 £ @ 2 f per that $500,000 had been engaged for shipment to day.
cent for sixty to ninety day endorsed bills receivable; 3 The market closed quite weak. The following shows
per cent for four months commission house and prime th e ’daily rates of exchange by leading drawers.
Fri..
Thurs.,
Wed..
T ues,
M onFri..
four months single names; 3 @ 4 per cent, with sales at
Oct. 12. Oct. 15. Oct. 16. Oct. 17. Oct. 18. Oct. 19.
87*
87*
87
87*-8
83
Ö7*
88*
88*
3 per cent and at 3-J per cent, for prime six months, and Brown B ro s ....; Sight...... 8 8 * 88>*-9 89
88
87*
87*
87*
87*
87*
80 days.. 8 7 *
88*
4^@7 per cent for good, or not so w e ll known, four to Magoun & Co. Sight..... 8 8 * 8 8 *
88*
88*
88J^
87*
37*
87*
88
87*
80 days.. 8 7 *
six months siDgle names.
88^i
83*
88*
89
88*
No. America.. <Sight...... 88*
87*
87*
87*
87H
8
7
*
8
7
*
60
days..
The European markets for securities were more or Montreal.. . . . ' Sight...... 8 i * 88*
88*
88*6
8d?6
88*
8
7
*
3
7*
8
7
*
88
8
7
*
8
7
*
days.
less affected on Thursday by news that the condition of Canadian Bank : 60
88*
öS *
88^
89
88*
o f Commerce. Sight..... 88*
8
7*
8
7
*
8
7
*
8
7
*
88
the Emperor of Russia was worse.
The intelligence Seidelbach, Ick- 60 days. 8 7 *
öS *
88*
88^
89
88*
elheimer & Co ! Sight.... 8 8 *
8
7
*
8
7
*
88-7*
88
87*
had no particular influence upon the markets for Lazard Freres...
87*
88*
88*
89-3*
89
88*
Sight»... 8 8 *
88
88
money and the cable reports discounts of sixty to Merchants’ Bk. (60 days. 8 7 * 8 7 *
• 88
88
89
89
89
88*
o f Canada.... \Sight.... 8 8 *
ninety day bank bills in London one-half of one per
on
Friday
at 4 8 7 i@ 4 88
The market closed weak
cent. The open market rate at Paris is I f per cent,
for sixty-day and 4 88-£@4 89 for sight.
Rates for ac
at Berlin it is I f per cent and at Frankfort I f per
tual business were 4 86|-@4 8 6 f for long, 4 87^@4 87-J
cent.
The Bank of England minimum rate of dis for short and 4 87£@4 87f for cable transfers. Prime
count remains unchanged at 2 per cent. A ccording to
commercial bills were 4 86^@4 86^- and documentary
our special London cable the Bank of England lost
4 85£@4 85f.
Mr. Ford, of the Bureau of Statistics,
£i94,116 bullion during the week and held at the close
has this week issued the statement of the country’s
of the week £36,649,601.
Our correspondent further
foreign trade for September, and we give the results
advises us that the loss was due to the import of £59,below in our usual form.
000 (of which £54,000 was from Australia and £5,000
F o r e ig n T ra .d e M o v e m e n t o p t h e U n it e d S t a t e s .
In the follow ing table three ciphers (000) are In all cases om itted.
from France), to receipts from the interior of Great
-------------------- 1894.—-------------->
--------------- -1893.------Excess.
Exports. imports.
Excess.
c h a n - Exports. Imports.
Britain of £1,000 and to exports of £254,000, of which t t edr ix
3
$
8
1
$
£
e.
194.123 2 34.533 - 4 0 ,4 1 1
221,760 107.280 +54.500
Jan.-March.
£103,000 went to Russia, £80,000 toRoumania, £20,000 April-June.. 184.669 16*8,683 +13.988
194.275 22 3.883 —2*4.388
+
5
.»3 8
6 *,114 6 » . 138
65,302 -1 2 .6 8 7
34,615
J u ly.............
58,642 + 15.043
7 3 ,«8 t
+0,269
to Egypt and £51,000 was sold in the open market.
6 0 ,'6 4
5 1,695
August----- +
25
,72
6
46,301
7
A
027
+8,449
50,590
50,039
September..
The foreign exchange market has fluctuated this week
603,222 615,325 - 2 2 .1 0 3
T otal....... 577,047 503.530 + 73,517
« ¿ o ld .
but been generally firm, influenced by the demand for Jan.-March.
8,237 + 2 6 .7 0 «
34.943
+4,571
3.939
8,509
3,522 + 3 3 .25 3
38.775
7,507 +54,904
64.411
-June..
-5 .7 7 7
current remittance and to cover short contracts, and April
5.951
174
1,488 + 151773
1 4,261
July........ .
950
41.572 —40,622
+1.820
3,280
5.100
August.. ....
—5.243
6,679
1.437
also by an inquiry to remit for stocks sold for European September..
+463
7o4
241
+
1
0 .3 1 8
63,961
76,279
+73,604
16.918
90,522
account. The demand was most urgent, however,
T o ta l.......
£670
THE CHRONICLE.
----------- 189 4 .------
S liv er.
Jan.-March.
April-June..
Exports.
Imports.
Ä e s s . ™ “ Exports.
August........
September..
1*1.468
11.247
3,222
4,426
4,003
2*427’ + 10,041
2,158
+9,089
1,827
+1,895
1,845
+2,581
1,527
+2,476
10,136
9,415
5,026
14,100
4,742
T otal.......
35,366
9,784
33,419
Only...........
+ Excess o f exports.
+25,582
-1 8 9 3 .
Imports.
$
5,308
4.264
1,018
2.501
1,915
15,006
Excess.
+4.828
+5,151
+4,008
+1.599
+2,827
+18,413
— Excess o f Imports-
B A t the animal meeting of the stockholders of the
Northern Pacific this week a hoard of directors of ex
ceptional strength was elected. What attracts particn ■
lar attention is that the board contains the names of
representatives of some very large bond-holding in
terests. This should facilitate reorganization at the
proper time. N o annual report was submitted, only a
brief income statement furnished by the receivers, and
this is useful chiefly in showing how wide was the dis
parity between the year's net revenues and the ordinary
fixed charges of the company. But of course the period
covered by the statement was in every way exceptional
and extraordinary. Another development of the week
regarding Northern Pacific affairs has been the com
plete exoneration by the Court of Receiver Oakes
from the charges which had been brought against him
with the view to securing his removal from the posi
tion of receiver. Without wishing at all to take sides
with either of the contending parties, we have no hesi
tation in saying that we regard this as a very welcome
result. We have always considered Mr. Oakes a very
able and efficient railroad manager, and could never
get ourselves to believe that he had neglected his duty
or been guilty of the irregularities alleged. His posi
tion during all these months has been a very trying
one. For the honor of American railroad manage
ment we rejoice that the Court, after a very full in
vestigation, finds him free from wrong-doing.
Reports regarding the condition of the anthracite
coal trade still speak of a very slack demand. The
statement of production for the month of September
has been issued this week, and it appears to bear out
these assertions. The amount mined in the month is
found to have been over one-third of a million toijs less
than in the corresponding month last year and nearly
half a million tons less than in the same month of
1892, and yet in face of this restricted production stocks
at tide-water shipping points have been only very slightly
reduced, standing at 812,549 tons September 30 against
814,483 tons August 31. The following compares the
figures for 1894 with those of the two years preceding.
September.
January 1 to September 30.
Anthracite Coal.
Stock beginning..
o f period ........
P rod u ction ...........
1894.
1893.
1892.
1894.
1893.
1892.
Tons.
Tons.
Tons.
Tons.
Tons.
Tons.
814,483
860,175
691,399
728,878
657,868
754,432
3,270,612 3,614,496 3,754,482 29,636,692 31,221,981 30,474,632
Total su p p ly.. 4,085,095 4,474,671 4,445,881 30,365,570 31,879,849 31,229,064
St’k end o f period
812,549
796,019
638,301
812,549
796,019
638,301
Disposed o f .. ..
3,272,546 3,678,652 3,807,580 29,553,021 31,083,830 30,590,763
Thus apparently only 3,272,546 tons were disposed
of in the month in 1894 (assuming that stocks at
interior storage points remained unchanged) against
3,678,652 tons in 1893 and 3,807,580 tons in 1892.
The Baltimore & Ohio has reduced its semi-annual
dividend from 2-J per cent to 2 per cent. The Septem
ber return of earnings shows $274,910 decrease in gross,
$208,234 decrease in n e t ; the road's passenger
receipts last year must have been exceptionally heavy
by reason of the Fair travel; for the three months
since July 1 the company has lost $590,265 in
gross, $435,556 in net.
The Pittsburg Cincinnati
Chicago & St. Louis for September reports $91,166
decrease in gross, $36,919 decrease in n e t; the Pitts-
[VOL. L1X,
burg Youngstown & Ashtabula $50,686 increase in
gross, $39,973 increase in net.
September Earnings.—
1894.
1893.
$
$
Baltimore & Ohio........... . .
2,045,315
2,320,226
Net
736,362
944,596
Hash. Chat. & St. L ouis...... Gross
377,813
353,541
165,650
Net
165,083
Pitts. Cin. Chic. & St. Louis.Gross D. 91,166 D. 117,334
Net
D. 36,919 D. 39,878
Pitts. Young. & A sh .........
126,188
75,502
Net
61,791
21,818
San, Eran. & No. Pac.
86,055
77,777
Net
40,681
32,005
1892.
ft
2,615,629
971,799
448,128
177,157
I. 55,488
D. 5,358
139,970
56,970
89,777
40,516
Name of road.
D. 45,789
E 20,027
161,979
66,123
93,086
44,918
The following gives the week's movements of money
to and from the interior by the New Y ork banks.
Received by Shipped by
N. F. Banks. N. Y. Banks.
Week Ending October 19,1894.
Net Interior
Movement.
G old__I......... ...............................
$3,015,000
400,000
$3,108,000 Loss.
700,000 Loss.
Total gold and legal tenders__
$3,415,000
$3,808,000 Loss. $393,000
$93,000
300,000
Result with Sub-Treasury operations an d gold exports:
Into
Banks.
Week Ending October 19,1894,
Out of
Banks.
Net Changein
Bank Holdings.
Banks’interior movement, as above $3,415,000 $3,808,000 Loss. $393,000
Sub-Treasury oper. &gold exports. 12,700,000 10,900,000 Gain 1,800,000
Total gold andlegaltenders...... $16,115,000 $14,708,000 Gain.$l,407,000
Amount of bullion in principal European banks.
October 18.1894.
Bank of
Gold.
Silver.
£
£
England........ 36,649,601
France........... 75,698,313 49,729,617
Germany*__ 34,866,975 11,622,325
Aust.-Hung’y 13,977,000 14,717,000
8,004,000 9,638,000
Spain.............
N etherlands. 4,070,000 6,769,000
Nat.Belgium* 3,163,333 1,581,667
........
October 19,1893.
Total.
Gold.
Silver.
lotal.
£
36,649,601
125,427,930
46,489,300
28,694,000
17,642,000
10,839,000
4,745,000
£
26,474,639
68,050,000
28,137,000
10,681,000
7,917,000
2,424,000
2,650,000
£
£
26,474,639
118,676,000
37,516,000
26,915,000
14,277,000
9,284,000
3,975,000
.... ... .
50,626,000
9,379,000
16,234,000
6,360,000
6,860,000
1,325,000
Tot.this week 176,429,222 94,057,609 270,486,831 146,333,639 90,784,000 237,117,639
Tot. prev. w’k 176,077,585 94,085,356 270,162,941 145,653.766 90,702,083 236,255,819
GAN COUNTY BONDS BECOME A LOCAL
CURRENCYt
We have received several letters requesting our view
of the opinion of the Solicitor of the Treasury to the
effect that the tax of 10 per cent on State bank circu
lation did not apply to bonds of small denomination
issued by a county for the purpose o f being used as
currency. This opinion has very likely made more of
an impression in the South than it otherwise would
because of the vigor shown in prosecuting the State of
Mississippi for the issue of State warrants of five, ten
and twenty dollars for a like purpose. It should be
said that the Solicitor's decision about the county
bonds was made in a Floyd County, Georgia, case at
the request of Mr. R. G. Clark, of Rome. Mr. Clark
wrote Secretary Carlisle stating that the County Com
missioners of Floyd County were about to issue county
bonds of small denominations, not only to raise money
but also intending to use them as local currency, and
asking whether such an issue came within and was pro
hibited by the statute. This letter was referred to the
Solicitor, Mr. Reeves, and he advised the Secretary
that no United States statute prohibited the use of
county bonds in any denomination as currency or
otherwise.
The case of the State of Mississippi was a totally
different affair. Governor Stone of that State was
arrested under the charge that he had “ unlawfully
and feloniously caused to be printed, photographed and
made and aided in printing," &c., “ a certain print and
impression in the likeness of notes of national bank
currency, against the peace and dignity of the United
States." That charge was, we presume, made under
the section of the Revised Statutes which declares it to
be unlawful “ to design, engrave, print or in any man
ner make or execute or utter, issue, distribute, circu-
OCTOBER 20, 1894.]
THK CHRONICLE.
late or use” * * * “ any circulating note or other
obligation or security of any banking association,” &c.
3fr. Clark's question was, as already stated, quite
another thing. The point which he asked to be en
lightened about and the one which was presented for
the Solicitor's consideration involved, the construction
of sections 3412 and 3413 of the Revised Statutes and
sections 19 and 20 of the Internal Revenue Law of
1S75. As the later statute, besides being a little fuller,
covers all that the earlier one does, we give the two
sections specified of this later act.
Sec. 19k— That every person, firm, association other than
national bank associations, and every corporation, State
bank, or State banking association, shall pay a tax of 10 per
centum on the amount of their own notes used for circulation
and paid out by them.
-f
Se c . 20.— That every such person, firm, association, corpor
ation, State bank, or State banking association, and also every
national banking association, shall pay a like tax of 10 per
centum on the amount of notes of any person, firm, associ
ation other than a national banking association, or of any
corporation, State bank, or State banking association, or of
any town, city, or municipal corporation, used for circulation
and paid out by them.
Note first that there is a distinction in the purpose of
the foregoing sections. Section 19 is devoted wholly to
naming all the individuals, firms and corporations
which are required to pay the 10 per cent tax “ on the
amount of their own notes used for circulation and
paid out by them ," but includes among them, as will
be observed, neither town, city nor county corporations.
Passing then to Section 20 it will be seen that it starts
with reciting the same parties named in the previous sec
tion, adding to the list ‘ f national banking associations,"
and then says these parties “ shall pay a like tax of 10 per
oentum on the amount of notes of " the parties already
mentioned ( “ other than a national banking associaion") and “ of any town, city or municipal corpora
tion " whenever “ used for circulation and paid out by
them." It is clear, therefore, that there is no tax put
upon “ towns, cities and municipal corporations " either
when they issue their own notes or when they receive
them or pay them out. But inasmuch as the law reads
that when any of the other parties named therein
receive them or pay them out they must pay a 10 per
cent tax on the amount of city, town, etc., notes so
used and paid out, the circulation of such notes would
he so far interfered with as to very greatly impair if
not to destroy their usefulness.
But at this point the decision of Solicitor Reeves
becomes of interest. We have not seen his opinion
and have no knowledge of the grounds on which
he rests his conclusion except so far as the daily press
states them. It seems, however, to be generally agreed
that he holds the proposed Floyd County bonds,
if used as circulation, would not be taxable under
the law, for these, among other reasons— (1) that the
bonds are not notes, and (2) that the “ county"
is not enumerated among the corporations the issues of
which are specified for taxation. Of course it is as
sumed that the bonds will in no way be made to look
like nr be an imitation of United States notes, ff this
were an original question, we should doubt the right
of Congress to tax municipal issues, notes as well as
bonds, on the ground that agencies formed for the
legitimate purposes of government within a State can
not be taxed by Congress directly or indirectly. That
question has, however, been settled by the decision in
the matter of the Merchants' National Bank of Little
Rock vs. the U nited States (101 United States Re
ports, page 1), in which this precise provision was at
issue, and it was held that “ the tax was not laid upon
the obligation but upon its use in a particular w ay,"
671
and was therefore constitutional under the principles
settled in the Yeazie Bank case.
Accepting then that decision as law, in what condi
tion does it leave obligations issued by a county, and
called bonds, but used as circulation and intended to
be so used ? Do they or do they not fall within the
prohibition and become taxable ? It will not do to say
that this proposed issue is a mere effort to secure cir
culation, and is made in the form of a bond simply to
avoid the law. That is not the object at all as we
understand the case. Floyd County, Georgia, needs
money for internal improvements, and like all Qtl)ÎjÎ^|
similar government organizations would like to
get the money at as low a rate as possible. A t the
election on November 6 the question of making the
bond issue is to be voted on, and as the total debt o f
Floyd County, according to our State and City Su p
plement, was only $55,000 on February 1, 1894,
or about 6 per cent of the tax valuation, no
lack of conservatism can be charged in authorizing a
new loan. We mention these facts as further evidence
that the loan is not a subterfuge but the real obj ect of the
issue, and that the currency feature is only incidental
like any other special device to help bring the interest
rate low. W e cannot see why under such circum
stances a bond would not continue a bond whatever
might be the use it was put to. The fact that some
people or banks might find it adaptable as circulation
could not change its character or make a statute levy
ing a tax on notes apply to the bond. Statutes enacted in
the exercise of the taxing power, and “ especially when
they impose restrictions upon trade or common occupa
tions," must be construed with strictness and the tax be,
imposed by clear and unambiguous words. T o extend
the meaning of the word “ notes" so as to make it in
clude bonds, sole leather, pats of butter, or any other
thing which might on an occasion be used and paid
out in effecting exchanges, would be a very liberal rule
of construction not at all suiting the subject matter.
Then again laws creating a liability cannot be so
construed as to broaden and be made to apply to other
things and other parties than those distinctly and
clearly specified. This is very likely the ground of the
Solicitor's opinion that the words “ municipal corpora
t io n " do not include counties. U ntil quite recently
in the popular meaning by the use of the word “ muni
cipal," reference has been had chiefly if not wholly to
cities; recently, however, it has grown into a custom
to speak o f municipal securities, intending to include
all political divisions of a State. That has not
been the legal, general or the popular tinderstanding.
We need not go further than the Constitution
of the State of Georgia to illustrate this. Take Para
graph 1, Section 7, Article 7, the part of that instru
ment limiting the debt making power of counties, &c.
Ic begins after this manner : “ The debt hereafter in-,
curred by any county, municipal corporation or politi
cal division of this State, except as in this Constitution
provided for, shall never exceed seven per eentum of
the assessed value of all the taxable property
thereiD," &c.
There could not be a clearer instance than the above
of the usual and, we might say, legal understanding
that a county is a wholly different kind of
organization from a city, and that it is not
included
under
the
term
“ municipal."
But
let us have another illustration even nearer our text ;
we refer to the United States statute cited above that
levies the tax of 10 per cent about which we are writing.
672
THE CHRONICLE.
I t will be noted that “ town ” and “ city ” are both
separately mentioned in it. Probably the name “ town ”
has the best right of all to be called municipal judging
from the origin of the word. Hence the statute men
tions these two instances of what was intended to be
reached by the tax— each organization separately named
being a small division of a cou n ty ; and then goes on
to say/ not the “ county” but in effect every other
division of a county bearing resemblance in its govern
ment to a city or a town was intended to be included ;
for that purpose the words “ municipal corporaW ffls” are added. What a forced and peculiar con
struction of the statute it would be to affirm that this
largest subdivision of the State was in the mind o f the
law-makers but not considered necessary of mention
in a statute of this kind which did mention smaller
and none but smaller subdivisions.
It would seem to be unnecessary to carry this discussion
further. There is, however, a possible and as appears
to us a good reason for omitting the name t{ county ”
from the statute which might have controlled Con
gress. We refer to the Constitutional question already
mentioned. A single sentence on one other point may
be also desirable. Some may fear that this interpre
tation may open the way to unsound currency inflation.
While that suggestion can have no weight in the decis
ion of the legal question involved in this case, it is well
enough to say that counties in the United States as a
rule are strictly limited in their debt-making power.
W e have cited Georgians constitutional provision, and
that must do for to-day. From that we have seen that
counties in Georgia are restricted to a bond issue of
seven per cent on their valuation. That is certainly
an extremely conservative limit.
RIO GRANDE WESTERN REPORT.
In reviewing the annual report of the Denver & Eio
Grande Railroad, a few weeks ago, we pointed out that
the trying events of the last twelve or fifteen months
had served at least one useful purpose ; they had served
to furnish evidence of the strength of position of cer
tain railroad properties in the sections of country
where special adverse circumstances (in addition to the
general business depression) had put the railroads to a
particularly severe test— as severe probably as any to
which they will ever be subjected. We illustrated our
statement by reference to the case of the Denver & Rio
Grande itself, which in the face of tremendous losses
in earnings had yet been able to earn all its fixed
charges.
The Rio Grande Western is a much smaller road than
the Denver & Rio Grande, but is situated in the same
part of the country. In fact, geographically the
Western is simply a continuation of the Denver & Rio
Grande lines into Utah, and at one time it actually
formed part of that company’s system. That, however,
was long ago. For many years now it has been a sep
arate property. We refer to the matter only to show that
the two roads are contiguous and hence that both have
been subject to practically the same conditions. In brief
the Rio Grande Western, like the Denver & Rio Grande,
being situated in the silver-producing regions, has
suffered from the great depression of the silver-mining
industry resulting from the decline in the price of the
metal following the closing of the India mints to free
coinage and the stoppage of silver purchases by the
United States. Thus, while all the roads in the coun
try had a very hard time of it, owing to the extraor*
I Vol, L1X.
dinary business depression prevailing and the many other
unfavorable events which developed, the roads in Col
orado, Utah, Montana, & c./ had this special difficulty
to contend against. It will be remembered that con
siderable anxiety regarding these roads was felt on that
account. A widespread impression existed that the gen
eral industrial welfare in those sections was entirely
dependent
upon
the
silver-mining
industry
and that consequently the prostration of that industry
would involve all other local industries in ruin and dis
aster. The blow was undoubtedly a severe one, and it
was no easy thing to adjust matters to the new con
ditions. The result however has not proved as bad as
expected. In the first place it has been found that
despite the low price of the metal, silver-mining
has by no means been abandoned, and in the
second place the people of the silver-producing
States have discovered that by turning their attention
and energies in other directions, they could offset tosome extent at least the loss from the depression in
that industry.
But while this is true, it is no less true that in the
nature and magnitude of the adverse features which
have marked the course o f the period the year has been
an extraordinary one, and the railroads have suffered
individually and collectively as never before in their his
tory.
As President Palmer of the Rio Grande West
ern well says, during the year almost every variety of
unfavorable condition prevailed. Besides the silver
mining crisis and the business panic, he says, the year
closed with the “ Coxey Army” invasions, serious wash
outs on connecting lines and the initial stages of the
“ Debs’ strikes.”
H one of the employees, he asserts,
claimed to have any grievance whatever against the
company, but for several months there was a feverish
and restless feeling that prevented efficient service,
while the expenses were largely increased by the neces
sity of policing and guarding the line.
The company was obliged, of course, to suspend the
dividends on its preferred shares, but it was able tomeet all its charges and had left over a small surplus
on the operations of the twelve months. The surplus
amounted to only $9,350, but no one will dissent from
the opinion expressed in the report that the fact that
the company in such a very unhappy year should
have earned and paid all interest and other obli
gations and come out without any floating debt
must be a matter of congratulation to the own
ers of the property.
Gross earnings fell from
$2,496,462 to $2,101,319, net earnings (after deducting
taxes) from $822,733 to $647,083, expenses having
been reduced from $1,673,729 to $1,454,236. Freight
earnings dropped from $1,710,716 to $1,461,510, being
a decrease of $249,206, or 14*57 per cent, while passen
ger earnings declined from $660,884 to $521,992, being
a decrease of $138,892, or 21*02 per cent. The falling
off in the passenger traffic extended to all classes of
traffic except the trans-Continental business, and was
more pronounced and general than had been expected,
reflecting in this the S9verity of the depressing influ
ences at work. As bearing upon the future, the report
points out that one of the surest indications of the res
toration of normal conditions of business will be an in
crease of the ordinary passenger travel.
As regards the freight traffic, the tonnage of paying
freight decreased only 4 f per cent, while the averagehaul was longer, so that the tonnage movement one mile
actually increased 3 per cent.
W hy, then> it will be
asked, did the freight revenues fall off, and to the ex-
OeroBER 20, 1894.]
THE CHRONICLE.
tent of 14£ per cent ? The explanation is found in the
fact that the average rate received per ton per mile in
1893-4 "was only 1*405 cents against 1*69 cents in
1892-3. Referring to this reduction in the rate, G en
eral Palmer says it was not caused by competitive “ cut
ting,” or even chiefly by the carrying of any particular
class of goods at a lower rate than in the previous year,
but mainly by the carriage of a larger propor
tion than usual of the cheaper classes of freight
and of those which pass a longer distance over the
line, and a very much less proportion of general mer
chandise and other better-paying freight. The trans
continental business was one very important item of
increase. The bituminous coal tonnage fell off from
237,179 tons to 223,927 tons, and the ore traffic from
128,550 tons to 106,435 tons— being in both cases an
exceedingly small decrease, all things considered— and
as showing some of the directions in which devel
opment has been established it is important to note
that the tonnage in fruits and vegetables increased over
100 per cent, rising from 24,284 to 49,202 tons, the
tonnage in sugar 70 per cent, rising from 22,131 to
37,561 tons, while the tonnage in live stock rose from
10,174 to 19,314 tons.
With regard to the decrease in expenses, the accounts
show that $188,595 was spent for maintenance of rolling
stock in the late year against $195,513 in the year pre
ceding, $57,155 for maintenance of bridges and build
ings against $81,433, and $180,837 for maintenance of
roadway against $280,207. In 1891-92 the expendi
tures for this latter item were $330,915. General
Palmer says that the general reduction in expenses was
effected by the practice of economies without lowering
the standard of road-bed or track, that with the restora
tion of business prosperity it is expected the only im
portant increase will be in maintenance of rolling stock,
and he gives it as his opinion that the property is in
at least as good physical condition as that of any rail
road between the Missouri River and the Pacific Coast-.
He also directs attention to the fact that “ the line has
continued its unbroken record for safety of travel— not
a passenger having been killed during the year, nor
was any passenger injured.”
The company last December sold $1,200,000 of its
first mortgage 4 per cent bonds, and paid off the $826,000 of loans and bills payable reported on June 30,
1893, leaving no bills payable whatever outstanding
now. The ordinary current liabilities June 30, 1894,
were $673,216, and against this the company had $432,119 of cash and cash assets, not counting $285,827 of
materials and supplies on hand. It also still holds un
sold in its treasury $800,000 of its first mortgage bonds,
besides a considerable amount of the stock and bonds of
roads controlled by i t ; authority exists likewise for a
further issue of 1^ million dollars of preferred stock.
As regards the outlook for the future, General Palmer
takes a favorable view. He says it seems reasonable to
expeot that the natural recuperative power of the West
will soon assert itself and that before the close of 1895
the company may hope to be again on a dividend basis.
He says the fact should not be overlooked that a larger
traffic can be handled without any marked increase of
operating expenses.
He also points out that an
important compensation for the losses and troubles
which the railroad interest has sustained is found in
the fact that these circumstances are the severest dis
couragement to the building of new and competing lines,
thus enabling the older lines to increase their traffic
from the growth and development of the country.
673
THE B E L G IA N ELECTIONS, i ;
Am ong the more notable events of the week were the
elections in Belgium, under the rules of the revised
Constitution. The result has been somewhat of a sur
prise. It was the hope of the advanced men of Belgium,
the men who are usually styled doctrinaires, and who
are all of them Liberals, that the change in the Consti
tution which they were successful in incorporat
ing would have the effect of relieving the country
from the thraldom they have come to associate with
and consider inseparable from the domination of the
Clerical Party.
The general election that came off last Sunday, as is
the custom in that country and in Prance, and of
which we are now in possession of the leading results,
does not justify the Liberal expectation.
In the old
Chamber— the members of which were elected in June
1892— the Clericals numbered 93 and the Liberals 59.
There was not a single Socialist member.
The elec
tion under the new laws has virtually wiped out the
Liberal party ; but while it leaves the Clericals in the
majority, it has, so far as we know the facts, given the
Socialists at least 50 members in the Lower House.
In the Senate or Upper House the Clericals have also a
pronounced majority.
As there is no good reason to believe that the sup
plementary elections yet to be held will materially alter
the figures, the presumption is that the Cleri
cals, who have held the reins of power for the
last twelve years, will continue to control and
direct the affairs of the kingdom.
It will be a
different sort of antagonist, however, that they will be
called upon to meet. The Liberal party was controlled
in the main by gentlemen and scholars; and from this
cause the party had just reason to claim distinction and
respectability. These men have been abandoned— left
alone; and the rank and file seem to have given them
selves to the Socialists. The Socialist leaders, it will
be found, are a very different class of men when com
pared with those who were wont to direct the Liberals.
Gloved hands will be less in vogue.
As yet it is not easy to say what will be the effect of
the new method of election upon the welfare of B el
gium generally. It is a most interesting little kingdom.
Unfortunately, however, it is small, and what is worse
it is not homogeneous. Hot even Austria-Hungary has
a more heterogeneous population. There are French
and Germans and Holland Dutch and F lem ish ; and
there are those who speak only German, those who
speak only French, those who speak only Flemish,
some who speak French and Flemish, some who speak
French and German, some who speak Flemish and Ger
man, some who speak all the three languages and some
7,000 who speak none of the languages named. Am ong
such a people, divided by race, by language and even
by religion, unity is more a name than a reality. The
throne is the one bond of u n io n ; but it is fair to say
that Belgium is in a very large sense a free country
Popular sentiment finds free expression, and the peopl
have a fair share of the government in their hands.
. The new law, which is really an experiment, is &
proof of popular influence. Its distinctive features are
well known. Its base is universal suffrage. It gives a
vote to every citizen over twenty-five years of age. It
gives a supplementary vote to every citizen over the
age of thirty-five, married or a widower, with legitim
ate issue, who pays-a five-franc house tax, or has a cer
tain amount of income> or has a given sum in the bank
674
THE CHRONICLE.
or invested in Belgian stocks.
Id gives two supple
mentary votes to citizens over twenty-five years of age
who have certificates or diplomas of the higher culture.
This class of course includes all the learned profes
sions.
[VOL. Lix-
Bat these are the only exceptions! O f sto n e ^ a n d li^
the tonnage was 78,150 tons against 105,465, of iron,
82,437 tons against 114,887, of ore 4,800 tons' against
12,638 tons, of live stock 7,020 tons against 7,249 tons
and of salt 101,073 tons against 130,397 tons.
It will thus be seen that universal suffrage is some
The company is obliged to carry traffic at very low
what guarded; and in so far as the experiment is a nov average rates; in the late year this average was a little
elty, it commands the attention of all who are interested better than in the year preceding, owing to the de
in the welfare of popular government. The new law crease in the proportion of bulky and low-class freight
does not otherwise affect the Belgian Constitution.
but even after this addition the figure on the entire
tonnage was only 5 f mills per ton mile— to be exact
5*662 mills. The passenger traffic fell off like the
WESTERN N E W Y O R K & P E N N S Y L V A N IA . freight traffic, and the number of passengers carried
The pamphlet report of the Western New Y ork & was only 1,459,668 against 1,711,379, and the number
Pennsylvania, giving the results of operations for the carried one mile 31,449,065 against 35,475,480.
fiscal year ending June 30 last, has been issued this
Thus it is plainly evident that the year was one o f
week, and we publish the remarks of President De exceptional depression. It is not surprising therefore
Coursey on another page.
The road is a large carrier that in the gross earnings there should have been a de
o f bituminous coal (which it transports from the cline from $3,716,639 to $3,011,902, and in the net
mines in Western Pennsylvania to Buffalo, Rochester earnings a decline from $1,199,513 to $797,546. After
and other points on its lines in New Y ork State) and deducting taxes and rentals, interest on equipment
hence has felt keenly the business depression prevail- notes, on real estate mortgages and on the 1st mortgage
ng, since under the stoppage or curtailment o f manu bonds and prior liens, there was left a surplus in 1894
facturing in nearly every branch o f industry the de of only $115,651, against a surplus in 1893 of $521,269.
mand for fuel was naturally very greatly reduced, as The decrease in expenses, it will be observed, was $302,has been so clearly shown in the case of the Pennsyl 771, but nevertheless the total includes some, liberal out
vania Railroad, the largest coal carrier in the country. lays for special items— for instance, one half the cost of
Being a coal road, the Western New Y ork & Pennsyl five new engines as an offset to three engines broken
vania also of course suffered severely from the pro up in previous years. The company also took advantage^
longed coal strike.
Altogether, therefore, the year of the low price prevailing for iron and steel material towas a particularly bad one— in fact, as with the rail continue the work of replacing worn-out wooden
roads generally, the combination of unfavorable influ bridges with new structures of iron or steel, one-third
ences was the worst ever experienced.
the cost being charged to betterments. For mainte
In saying thi3 we are simply rehearsing well-known nance of way and structures the expenditures were alto
facts, but it is essential to briDg them constantly to gether $591,626, against $609,348. For maintenance
mind in order that the entirely abnormal character of of equipment $415,620 was spent against $519,633.
the results for the year, based on such conditions, may The report says the physical condition o f the property
be understood.
Before referring to the earnings, has not on the whole been allowed to deteriorate. I t
it may be well to note some of the changes in traffic, is pointed out, however, that the quantity of new rails
because in that way we get a better idea than in any laid was not so large as it should have been, and that
other of the adverse character of the year.
Aggregate repairs to car equipment have not been quite so well
tonnage fell off from 4,607,475 tons to 3,481,237 tons, kept up as usual, mainly because it was not deemed
being a decrease of 1,126,238 tons, or over 24 per cent. provident to repair them before the revival of trade
O f this loss nearly three quarters of a million tons o c demanded their use.
curred in the item o f bituminous coal tonnage alone,
As is known, the property is undergoing re
which dropped from 1,758,516 tons to 1,016,400 tons, organization, and we are informed that 97|- per cent
being a decrease of over 42 per cent.
The merchan of the bonds and 92-J per cent of the stock have assent
dise tonnage was remarkably well maintained, stand ed to the reorganization scheme. On the new basis the
ing at 414,349 tons for 1894 against 443,894 tons for company's affairs will be greatly improved. The Com
1893, but the effects of the industrial paralysis which pany paid off $192,788 of equipment notes during the
existed are shown markedly in the tonnage in lumber, year and spent $147,310 for betterments of road and
which amounted to only 791,007 tons in 1894 against rolling stock, besides $32,050 for other purposes,
995,792 tons in 1893, the decrease in that item thus making $372,148 altogether. Against this there was
being 204,785 tons, or over 2® per cent. There was an available surplus net income of $115,651; the bal
a large falling off likewise in
the
petroleum ance had to be met out of current assets. President
traffic, which is explained, however, as due to the com- DeCoursey says that, notwithstanding the great reduc
pleionin the early part o f the year of a pipe-line for the tion in revenue, and the very small profit accruing over
shipment of oil for export that had previously been car and above the cost of transportation, the company
ried by the railroads; of refined oil the shipments over was able to meet its current liabilities with almost,
the road were only 260,190 tons in 1894. against 377,- its usual promptness and without incurring any
579 tons in 1893, besides which the crude oil shipments obligations for borrowed money or having towere reduced 50 per cent (being only 43,198 tons, issue any bills payable other than for equipment,
against 86,397 tons in 1893), but for a different reason, purchased.
The
company
will
have
quite
namely a falling off in production caused by the e x |heavy outlays to make within the next few years for
haustion of the territory. Four items of tonnage record . automatic couplers and air brakes. It is estimated
an increase— anthracite coal, where the amount is 374,- . that prior to January 1, 1895, $17,000 will be required
557 tons against 284,512 tons, hay and grain 108,955 j for power and train brakes to engines, that between
tons against 106,133 tons, bark 124,817 tons against July 1, 1894, and January 1, 1898, $75,000 will be re
111,702 tons, and ice 74,284 tons against 72,314 tons.
quired for automatic couplers, and that between July
1894* and January 1, 1903, $520,000 will have to be
spent for air brakes to cars, making $612,000, or an
annual average expenditure for from eight to nine years
of $72,000. As regards the current liabilities, the
company owed June 30, 1894, $378,247 for wages and
supplies and $248,355 for interest due and accrued;
it held at the same date $148,080 of cash and $591,801
of bills and accounts receivable.
RAILROAD N ET EARNINGS FOR AUGUST.
The August statement of railroad net earnings has been
looked forward to with considerable interest. The re
turns of the individual roads as they were received,
and also our compilation of the early exhibits of gross
earnings, had pointed to a distinct improvement in re
sults, marking a turn in the character of the showing
for the first time in a period of fourteen months, and
hence there was anxiety to see if the promise held out
by these returns and figures would be sustained in the
final aggregates. The statement we now present meets
expectations in this regard, recording as it does an in
crease in both gross and net. The increase is very
small, especially in the gross, where it amounts to only
1301,909, or less than one per cent, and the results are
somewhat irregular for different sections and different
roads, but this is a great change from the showing for
the months preceding, when the record was one of
large and general losses. The following are the com
parative aggregates for August and the eight months
ending with August :
January 1 to August 31.
(127 roods.)
August.
(187 roads.)
1893.
1894.
675
THE CHRONICLE.
OCTOBEB 20, 1894. J
1893.
1894.
Inc. or Dec.
Decrease.
%
$
$
$
$
$
+301,909 356,397,863 417,234,738 60,836,875
Gross eam ’s 57JB51.077 57,349,168
Oper. exp... 37,970,825 39,084,073 —1,093,848 254,083,481 297,220,650 43,137,169
Net earn’s lg.eso.see 18.285,095 +1.395,757 102,314.382 120,014,088 17,699,70!
last year were abnormally large by reason of the Fair
or else roads having a large anthracite coal business.
This will appear by an enumeration of the companies
chiefly distinguished for Unfavorable results. In the
gross we have the Illinois Central reporting $313,559
decrease, the Erie $249,311, the Reading with the Coal
& Iron Company $224,400, the Canadian Pacific $218,074, the Atchison (whole system) $197,132, the Chicago
& Grand Trunk $176,084, the Grand Trunk $151,872,
the Chicago Burlington & Quincy $142,253, the Cen
tral of Hew Jersey $126,097, the Louisville Hew Albany
& Chicago $35,501 and the Summit Branch $32,663.
In the net we have the Atchison with $377,172 de
crease, the Illinois Central $204,496, the Canadian Pa
cific $159,480,the Reading with the Coal & Iron Co.$152,967, the Central of Hew Jersey $142,960, the Chicago &
Grand Trunk $136,874, the Erie $118,039, and the
Grand Trunk $42,724. It will easily be recognized that
almost all these belong to one or the other of the two
classes mentioned.
W ith reference to the increases, they are numerous
and general. In fact, out of the whole 137 roads in
our tables no less than 89 show gains in gross and 97
gains in net. In the gross we have the Pennsylvania
(Eastern and Western lines combined) reporting $419470 increase; the Union Pacific, $174,268 ; the Louis
ville & Hashville, $169,032 ; the Denver & Rio Grande,
$160,560; the Southern ¡Railway, $142,375 ; the H orfolk & Western $140,142; the Southern P acific,
$116,960, &c., &c.
In the net we may mention
among
those
chiefly distinguished
for
good
returns the Pennsylvania with $773,748 increase, the
Burlington & Quincy $205,867, the St. Paul $185,060,
the Southern Railway $148,756, the Denver & R io
Grande $141,791, the Wabash $122,640, the Southern
Pacific $117,228, the Louisville & Hashville $111,577,
the Union Pacific $90,932,the Horthern Central $73,741,
&c-, &c. Thus practically all classes of ioads are
represented in the gains, whereas the losses, as we have
already seen, come chiefly from two sets of roads.
crease has been much better than in the gross, reach,
ing $1,395,757, or 7-63 per cent. Sight must not be
lost of the fact that the comparison is with very poor
PRINCIPAL CHANGES IN GROSS EARNINGS IN A U G U ST .
results a year ago. August last year was indeed one of
Decreases.
Increases.
$313,559
P e n n sy lv a n ia t (3 r d s ) .. $ 4 1 9 ,4 7 0 Illinois Central..........
the very worst months of 1893, the loss in gross then U
249,311
n io n P a cific (8 r d s ) . . .
1 7 4 ,2 6 8 N. Y. L. E. & Western.
Phi).
&
Read,
and
Coal
having been $8,389,069, or 13*29 per cent, and in net L o u isv . & N a s h v . . . . . . . 1 69 ,03 2
224,400
.................
& Iron.
D e n v e r & R io G r a n d e ..
1 6 0 ,5 6 >
218,074
Pacific .
$4,104,067, or 19*00 per cent. This qualifies of course S outhern R a ilw a y * ........ 1 4 2 ,3 7 5 Canadian
197,132
140,142 At. Too. & S. Fe (4 rds)
Norfolk & Western.......
176,084
Chic.
&
Gd.
Trunk.
...
to an extent the favorable character of the present S ou th ern P a cific (6 r d s ). 1 1 6 ,9 6 0 Grand Trunk.............
151,872
T o l & O h io C e n t r a l....
8 9 ,6 3 0
142,253
8 5 ,2 35 Chic. Burl. & Quincy..
year's exhibit. Still, after the tremendous losses in C hic. M il. & St. P a u l .. .
126,097
L a k e E rie & W e ste rn . . .
5 3 ,1 98 Cent of New Jersey...
35,501
Louisv.
N.
Alb.
&
Chic.
other months, the change now is both welcome and sig Chesapeake & Ohio----42,517
32,663
N ash. C hat. & St. L o u is .
' 4 1 ,7 2 1 Summit Hr. & Ly. Val.
nificant. It should be remembered, too, that the U n ion P a c. D en. & G u lf
4 1 ,2 5 3
Total (representing
San A nt. & A r. P a s s —
4 1 ,2 1 2
16 roads)........... .$1,866,946
absence this year of the travel to the Fair which last M inn. & St. L o u is ............
3 8.6 19
3 1 ,0 8 6
o rth e rn C e n tra l...........
year so heavily swelled passenger receipts has been an N
Sav. Fla. & W e s t e r n ...
3 1 ,0 1 2
important factor in the comparison, making the im
T o ta l (re p re se n tin g
31 r o a d s )____ _____ $ 1,8 1 8 ,2 8 9
provement smaller than it otherwise would have been
*D oes n o t in clu d e G e o r g ia P a cific.
/
Here are the August figures for a number of years.
tThe gross on Eastern lines increased $267,078 and on Western hues
Tear and
number
August.
1889 (103)
1890 (126)
1891 (187)
1892 (129;
1893 (130)
1894 (137)
Jan. 1 to
Aug. 31.
1889 ( 96)
1890 (115)
1891 (122)
1892 (124)
1893 (125)
1894 (127,
M L
Year
Given.
Year
Increase or
Year
Preceding. Decrease. ' Given.
%
54,484,109
58,743.102
62,474,852
69,009,680
54,737,181
67,651,077
$
49,46^,882
57,477,526
59,542,861
65,224,341
63,126,250
57,349,168
%
+5,015,227
+1,265,576
+2,931,991
+3,785,339
- 8,389,069
+301,909
348,901,071
398,132,686
419,002,120
476,601,120
428,613,287
356,397,863
328,859,267
363,967,093
406,539,088
447,963,424
427,788,813
417,234,738
+20,041,804
+34,165,593
+12,463,032
+28,637,696
+824,474
—60,836,875
U U IY V
» p v s A*.VJ-a. m i v v i v .
$152,392.
N et Earnings.
dross Earnings.
v *
^
$
21,878,597
20,838,964
22,510,970
24,109,362
17,495,308
19,680,852
Year
Increase or
Preceding. Decrease.
*
$
17,771,724 +4,106,873
22,045,220 —1,206,256
21,333,778 +1.177,192
23,553,481
+555,881
21,599,375 -4,104,067
18,285,095 - +1,395,757
113,448,007 98,730,837
125,177,550 117,816,684
131,315,604 124,621,876
144,227,251 139,857,233
126,914,558 131.550,595
102,314,382 120,014,088
~
-------------------------C S
+14,717,170
+7,360 806
+6,698,728
+4,870,018
-4,636,037
-1 7 0'-9,700
C
l few of the foads have lost quite heavily.
They
ire nearly all either roads whose passenger revenues
PRINCIPAL CHANGES IN N E T EARNISGS IN AU G U ST .
Increases.
Decreases.
Pennsylvaniat (3 rds).. 1773,748 At. Top. & S. Fe (4 rds ) $377,172
204,496
205,867 Illinois Central ...........
Chic. Burl. & Quincy...
159,480
185,060 Canadian Pacific — . . .
Chic. Mil & St. Paul...
Phil.
&
Read,
and
Coal
148,756
Southern Railway*....
& iron..........................
152,967
141,791
Denver & Rio Grande..
122,640 Central of N. J .........142,960
W a b a sh ................. v 136,874
117,228 Chic. & Gd. Trunk........
Southern Pacific (6 rds).
118,039
111,577 N. Y. L E.& Western..
Louisv & N a sh v ..........
42,724
9°,932 Grand Trunk----- ------Union Pacific (8 rds)...
73,741
Northern Central..........
Total (representing
60,315
San Ant. & Ar. P a ss....
12 roads)........... ..$1,334,71?
62,737
Lake Erie & Western...
60,393
Tol. & Ohio Central ...
58.890
Union Pac. Den. & Gulf
57,874
West. N. Y. & Penn.......
52,250
Nash. Chat. & 8t. Louis.
44,952
Kan. C. Ft. S. & Mem...
Total (representing
31 roads)...............$2,373,811
*Does not include Georgia Pacific.
f The net increased $504,315 on Eastern lines aud $269,433 on
Western lines.
676
Sec tio n or
Gr o u p ,
THE CHRONICLE
Cross Earnings.
1894.
1893.
August.
8
$
Trunk lines..(12) 18,296,735 18,481,259
Anthra. coal( 6) 5,030,991 5,426,088
East. A Mid. (15) 2,367,122 2,271,272
Mid. W est’n.(25) 4,079,888 4,188,212
Northwest’n ( 8) 6,405,171 6,399,734
Southwest’n,(14) 4,771,431 4,728,182
Pacific Coast (20) 8,932,553 8,807,716
S ou th ern ....(34) 6,618,818 5,946,978
M exican.......( 3)
1,148,368 1,099,727
Tot.. (137 r’ds)
January 1 to
August 31.
Trunk lines..(10)
Anthra. coal ( 6)
East. A Mid. (15)
Mid. W est’n.(24)
Northwest’n ( 8)
Southwest’n( 9)
Pacific Coast (20)
Southern.... (32)
M exican...... ( 3)
Net Earnings.
1894.
1893.
$
5,843,714
1,569,236
785,787
1,329,169
2,070,643
1,502,439
3,104,838
1,701,007
378,262
Inc. or Dee
$
+630,347
-296,409
+215,504
—2,270
+427,485
—113,012
+81,818
+456,030
—3,736
P . C.
1079
18 83
27-42
017
20-64
7-52
2-63
26-81
0 99
57,651,077 57,349,168 19,680,852 18,285,095 +1,395,757
7-63
$
6,474,061
1,272,827
1,001,291
1,326,899
2,498,128
1,389,427
3,186,656
2,157,037
374,526
Y ol. LlX,
decrease, as has the Western system of the Baltimore &
Ohio— we mean the lines west of the Ohio River. The
small increase in net for the Pacific group is the result
of gains by the Southern Pacific, the Unión Pacific
the Union Pacific Denver <& G-ulf (which latter now
reports by itself) and the San Francisco & North
Pacific, offset by losses by the Canadian Pacific and
few smaller roads.
IMPORTS AND EX PO R TS FOR SEPTEMBER.
115,805,337
37,971,715
13,942,172
26,549,325
45,082,779
8,667,812
59,956,447
38,672,641
9,749,635
140,158,622
43,376,118
16,453,738
31,256,524
53,813,795
10,389,002
70,267,739
42,028,543
9,490,757
31,706,779
8,726,893
4,435,901
6,832,315
15,127,411
2,799,452
17,027,205
12,152,188
3,506,738
38,586,556
10,374,076
5,036,151
8,593,778
16,154,091
3,082,712
22,456,562
12,517,310
3,212,852
-6,879,777
—1,647,683
-600,250
-1,761,463
—1,026,680
—283,260
—5,429,357
—365,122
+293,886
17-83
15-88
11-91
20-50
6-3d
919
24-18
2-92
915
T o t.. (127 r!ds) 356,397,863 417,234,738 102,314,382 120,014,088 —17,699,706 14-75
N ote .—included under th e h ead of —
Trunk Lines.
Loulsv. Evansv. & St. L.
B . A O., East o f Ohio.
Louisv. N. A. & Chic.
8 . A O., W est-of Ohio.
Manistique.
Clev. Cln. Chic. A St. L. Ohio Southern.*
_Peoria & Eastern.
Peoria Dec. St Evansv.
Grand Trunk o f Canada. Pitts. Mar. & Chicago.
Chic. & Gd. Trunk.*
Sag. Tus. & Hur.
Detroit Or.Hav. A M il,“ Sag Valley & St. Louis.
27, Y. Lake Erie A West’n Toi. A . A. & N. M.
Pennsyiv, East o f P. A E. Toledo & Ohio Central.
W est o f Pitts. & Erie.t Tol. Peoria & W.
Pitts. Youngs. & Ash.
Northwestern.
Wabash.
Burl. Cedar Rap. St Nor.
Anthracite Coal.
Chic. Burl. St North.
Central o f New J e rs e ,; Chic. Burl. St Quincy.
27. Y. Ontario A W est.
Chic. Mil. St St. Paul.
Phila. A Beading.
Iowa Central
Coal A Iron.
Minn. & St. Louis.
Summit Branch.
Quincy Omaha St K. C.
Lykens Valley.
St. Paul St Duluth.
Eastern and Middle.
Southwestern.
Adirondack.
Arkansas Midland.
Allegheny Valley.
Atch. Top. St Santa Fe.*
Bath A Hamm ondsport.
St. Louis St San Fran.*
Brooklyn Elevated.
Atlantic St Pacific.*
Buff. B och. & Pitts.
Colorado Midland.*
Camden & Atlantic.
Austin & Northwest.
Chatauqua Lake.
Crystal.
Cumberland Valley.
Denver St R io Gr.
Northern Central.
Can. C. F t. 8. St Mem.
Staten Island R. T.
Rio Grande Southern.
•Stony Clove & C. Mt.
San Ant. & A. Pass.
Ulster A Delaware.
Stlverton.*
W est Jersey A Branchc s Tex. Sab.Val.& N.West.
W estern Md.
W aco & No’ western.
W estern N. V. & P ern .
ir’acijlc Coast.
Middle Western.
Canadian Pacific.
Chic. & W est Mich.
Nevada Central.
Cin. Jack. A Mack.
Oregon Im provem ent Co.
Cin. Ports. A Virginia.
Rio Grande Western.
Cleveland Akron & Col. San. Fran. & North. Pac.
Det. Lane. & Nor.
So. Pacific.—
Elgin Joliet A Eastern.
Gal. Har. & S. A .
Flint A Pere Marq.
Louis. Western.
Grand Rapids A Ind.
Morgan’s La. St T.
Illinois Central.
N. Y. Tex. St Mex.
Indian. Dec. A W.
Texas St New Orleans.
Iron Railway.
Pacific System.
Kanawha A Michigan.
D nion P a cificLake Erie A ll. A So.
Union Pacific Railway.
Lake Erie & Western.
Ore. 8h. L. St Utah Nor.
U. P.-(Con.)-St. Jo.&Gr.I.
Kan. Citv St Omaha.
Central Branch.
Atchison Col. & Pac.
A tch. Jew. Go. & W esi.
Montana Union.
Man. Al. St B.
Un. Pac. Denv. St Gulf.
Southern Unnas.
Alabama Midland.
Atlanta & W t. Point.
Bir. & Atlantic.
Carolina Midland.
Char. Cin. & Chic.
Char. St Sav.
Char. Sumt. & No.
Cheraw & Dari ngt.on.
Chesapeake & Ohio.
Ches. Ohio & Southwest.
Cin. & Ken. Southern. ]
Gadsden & Attala Un.
Georgia.
Ga. Southern St Fla.
G ulf & Chicago.
J ack. Tampa St K. W.
Kan. City Mem. A Bir.
Louisville A Nashville.
Lousv. St. L. A Tex.
Macon A Birmingham.
Mobile A Birmingham.*
Nash. Chat. A St. Louis.
New Orleans A So.
Norfolk A Southern.
Norfolk A Western.
Ohio River.
Petersburg.
Rich. A Petersburg.
Rich. Fred. A Pot.
Sav. Am. A Mont.
Sav. Fla. A W estern.
Southern Railway*—
Richmond A Danville.
Char. Col. A Aug.
Col. A Greenville.
Bast Tenn. Va. A Ga.
W estern o f Alabama.
W est Va. C. A P.
Mexican Roads
Mexican Central.
M exican International.
Mexican National.
* For month only.
*
these Western lice i in our table by taking an estl n ite fo r 189«
o n whieh to base the increase or decrease reported fo r this year.
Arranged in groups the Southern group shows
$456,030 increase, or 26*81 per cent, the Northwestern
group 1427,485, or 20*64 per cent, and the Eastern and
Middle group $215,504, or 27*42'* per cent.
In the
last-mentioned group only two of the 15 roads show a
loss in net.
In the Northwestern group also there are
only two roads (out of 8) with a decrease, and in the
Southern group but 6 out of 34 roads have fallen behind.
The Anthracite Coal group has $296,409 de
crease, or 18*88 per cent, and the New Y ork Ontario
Western, which has a small increase, is practically
the only exception.
In the gross every road in that
group has a loss.
The Southwestern group also has a
decrease, but the Atchison is entirely responsible for
it, being the only system having a large loss.
So in
the Middle Western group the adverse result follows
mainly from the heavy loss by the Illinois Central.
T h e trunk line group has $630,347 increase, or 10*79
per cent, which is a good showing considering: that
comparison is with earnings last year including the
Fair travel, though this latter was much less important
I o. August than it became in September and October.
T h e Grand Trunk of Canada and its two subsidary
¡roads have fallen heavily behind by reason of the loss
o f the Fair business, and the Erie also has a large
The Bureau of Statistics has issued a detailed statement of
the foreign commerce of the country for the month of Septem
ber, 1894 and 1893, and for the nine months ending September
30 in 1894 and 1893, as follows :
MERCHANDISE.
September.
1894.—Exports—Domestic.......
Foreign..........
9 mos. end.Sept. 30.
$562,266,698
14,780,324
Total...........................
Imports—Free of duty .......... $28,101,813
Dutiable........
Total..........................
$577,047,022
$297,998,977
205,530,761
$503,529,738
Excess of exports.....................
Excess of imports........ .............
1893.—Exports—Domestio....... . . . . . . . $70,058,162
Foreign..........
$587,083,860
16,138,013
Total...........................
Imports—Free of duty. .......... $25,393,176
Dutiable........ .......... 20,907,436
$603,221,873
$328,660,659
296,664,713
Total...........................
$73,517,284
$625,325,372
-------- -
Excess of exports..................... .
Excess of imports .....................
$22,103,499
GOLD.
1894.—Exports..........................
Imports.................. . ......
$90,521,825
16,918,206
Excess of imports......................
1893.—Exports...........................
Imports..........................
73,603,619
$76,278,514
65,960,632
Excess of exports......................
Excess of imports.......... ...........
SILVER.
1894.—ExDOrts . . . . . . ................
Imports...........................
$35,365,706
9,784,117
Excess of exports......................
1893.—Exports...........................
Imports..........................
$25,581,589
$33,419,714
15,006,254
Excess of exports......................
$18,413,460
S tock E x c h a n g e C l e a r in g -H ouse T r a n s a c t io n s . — The
subjoined statement includes the transactions of the Stock
Exchange Clearing-House from Oct. 8 down to and includ
ing Friday, Oct. 19; also the aggregates for January to Sept,
inclusive, 1894 and 1893.
STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.
,—Shares, both sides.—> •-------Balances, one side.—— Parlies
Cleared. Total Value. Shares. Value Shares. Oash. Otear’na
Month—
$
$
$
Jan., 1893.
Feb., 1893.
Mar., 1893.
Apr., 1893 .
viay, 1893.
June,1693.
July, 1893.
Aug., 1893.
Sept., 1893.
38,544,500
35,108,900
34,591,100
30,803,500
38,309,500
17,190,700
19,685,700
17,669,400
16,030,300
9 m o s ....
Jan., 1894,
Feb., 1894.
Mar.. 1894.
Apr.. 1894.
May. 1894.
Juñe.1894.
July. 1894.
Aug.,1894.
Sept, 1894.
197,733,600 13,673,609,000
18,363,000
12,847,600
16.912,900
14,728,000
19,140,800
13,185,700
10,911,400
18,370,200
14,847,900
3,064,709,000
1 744 400,000
1,690,000,000
1,431,300,000
1,738,900,000
.,016,900,000
1,100,000,000
961,300,000
936.400,000
1,088,600,000
784,800,000
1.076,441.000
868,700,000
1,250,300.000
842,800,000
734,700.000
1,185,400,000
9i 9,400,000
9 m o s.... 139,307,500 8,741,141,000
3,000,000
3,587,900
2,703,800
2.311.300
2,869,500
1,682,000
1.796.300
1,470,200
1.380.600
210,700,000
173,701,000
167 900,000
153.300,000
161,110,000
99,200,000
88,100,000
73,900,000
73,100,000
19.801.600 1,190,011,000
1,354,000
09,100,000
1,036,400
66,200,000
1,452,100
8L80.1.O00
1,384,300
77,200,000
1,551,100
9L 700.000
1,147,800
65,300,000
938,500
57.070,000
1,580,300
90,900.000
1.330,200
71,800,000
3,300,500
3,529,000
3,781,100
2,331,000
4,870,100
1,789,800
2,752,600
2,329,200
1,988,600
6.839
6,151
7.0S0
6,005
7,200
6,395
6,015
6,883
5,956
26,674,800
2,041,000
1,396,900
1,928,700
1,418,900
1,938,500
1,484,000
1,328,5 JO
2,161,900
1,627,000
58,527
11,678,700 687,070,000 15,325,400
6,83 5
5,598
6,581
6,401
6,689
6,088
6,856
6,958
6,718
56,726
ft—Shares, both sides.—> ,———Balances, one side.------ .Parties
Cleared. Total Value. Shares. Value Sharesi. Oash.Clear’na
$
$
$
Ocl* 8. . 872,000 58,800,000
55,900 3,400,000 101,700
317
1
9- . 618,000 42,400,000
44,000 2,700,000 137,100
299
« 10. . 703,100 47,900,000
40,500 2,600,000 82,700
295
“ 11. . 577,800 37,500,000
38,900 2,100,000 56,100
267
“ 12. . 591,800 35,600,000
296
42,100 2,000,000 48,000
Tot. wk. .3,362,700 222,200,000
Wklastyr3,012,300 169,600,000
Oct. 15. . 762,800 50,300,000
“ 16. . 625,600 46,409,000
“ 17. . 668,500 48,400,000
i 18. . 744,400 55,600,000
“ 19. . 560,000 35,400,000
221,400
306,700
40,800
38,800
48,600
38,000
38,800
12,800,000
15,500,000
2,400,000
2,700,000
3,300,000
2,600,000
2,300,000
425,600 1,474
280,700 1,440
300
76,200
290
72,600
292
94,500
303
63,200
53,100
271
Tot. wk. .3,361,300 236,100,000 205,000 13,300,000 359,600 1,456
Wklastyr3,917,100 218,800,000 319,800 16,200.000 391,000 1,483
The stocks cleared now are American Cotton Oil common
American Sugar common, Atchison, Chicago Burlington &
THE CHRONICLE.
October 20, 1894.]
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com
mon, Chicago & Northwestern, common, Chicago Rock Island
Sc Pacific, Delaware Lackawanna & Western, Distilling &
Cattle Feeding, General Electric, Lake Shore & Michigan
Southern, Louisville & Nashville, Manhattan, Missouri
pacific, New York Central, New Y. L. E. & W e st., North.
Pac. pref., National Lead common, Phila. & Read.. U n .,
pac., U. S. Cordage common and preferred and Western
Union.
[Prom our own correspondent.]
L ondon, Oct. 6, 1894.
We have had this week a sharp but happily short political
scare, which caused a general fall upon the Stock Exchange
and even in the prices of commodities.
On Wednesday
morning it was announced that late the day before sum
monses had been sent out to the Cabinet Ministers for a meet
ing to be held at noon on Thursday.
A s the Chancellor of
the Exchequer only left for Italy on Tuesday morning and
as the other Ministers were scattered over the country, the
sudden announcement created general alarm. That the Chan
cellor of the Exchequer would not be called back from his
much-needed rest unless something very serious had happened,
was generally concluded.
Rumors of all kinds circu
lated for a while.
One was that a hitch had occurred
between this country and France, another that Rus
sia was about
to
interfere
between
China
and
Japan, and a third that the death of the Czar was imminent.
The real fact appears to be that our Minister in China had
telegraphed for troops to protect the treaty ports. The money
market was ¡not so much affected as other departments of
business. A s usual at the end of the quarter, a large amount
of both coin and notes has gone into the internal cir culation,
and a good deal of gold has also been taken for the Continent,
Egypt and South America, so that there has been a considerable decrease in the Bank of England reserve. But that is a
mere temporary movement. Short loans continue to be made
freely at % per cent and the rate of discount in the open
market is little better than % per cent. The Bank of Eagland
still holds nearly 37% millions sterling in gold and the reserve
is but little under 28 millions sterling.
Both silver and the silver exchanges were depressed by the
political scare. There has since, however, been some recov.
ery. Silver is fluctuating around 29d. per ounce. There is
very little demand either for India, China or Japan. There
are rumors, indeed, that Japan intends to borrow in Europe,
but that will be done mainly, it is understood, to pay for ships
and munitions of war, and will have very little effect upon
the silver market. The prospect of a Chinese loan is by no
means as good as it was. Meanwhile the India Council con
tinues to sell very successfully. On Wednesday it offered as
usual 40 lakhs of rupees and sold the whole amount at Is.
1 5-16d. per rupee. Since then it has sold about 10 lakhs by
special contract at somewhat higher prices. Trade in India
is very quiet and money is cheap and abundant. But there
are expectations that the war between China and Japan will
benefit Indian trade. Probably the exports of opium to China
will fall off ; but, on the other hand, China and Japan are not
now buying one another’s commodities, and the demands of
both, therefore, are increasing in India.
The scare on Wednesday lasted from the opening of the
Exchange till about 1 o’clock. A t the latter hour large buy
ing orders from Paris were received by several brokers with
foreign connections here, and the instant this became known
it was concluded that the rumors respecting serious disagree
ment between France and this country were unfounded.
There was therefore a gradual recovery during the remain
der of the day ; yet prices closed decidedly lower than on
Tuesday. The recovery has since made further progress but
it will be some time before operators will venture to act at all
freely.
It is unfortunately too true that our relations with France
are much less pleasant than could be desired. Our Govern
ment is interposing no difficulties in the way of France in
Madagascar; but at the same time the trade relations be
tween Madagascar and both the Mauritius and our colonies in
South Africa are very close, and renewed operations by
France, therefore, would almost inevitably raise difficulties.
The feeling of France about Egypt is notorious; she is sus
err
ceptible also with regard to the Congo; and there is a very
old dispute respecting Newfoundland.
In the Far East,,
again, both in Siam and Southern China, there are various
matters that may at any moment become embarrassing. TheFrench Government is honestly desirous of maintaining peace
and so, undoubtedly, are the great majority of the French
people. But there is a noisy minority which seeks to fosterand maintain ill feeling, and unfortunately there are someof our own journals only too ready to take up the glove.
The state of health of the Czar, too, is inspiring much un
easiness. That he is very ill is now generally admitted; and
as his determination to prevent war is well known ever where,
his inability to watch over the affairs of his own empire excites
apprehension. The news from China likewise is disquieting,
It is announced that the Cabinet on Thursday decided to send
out war-ships to protect treaty ports and there are reports that.
Indian troops will also-be sent.
W ith all these political questions before us business is likely
to continue quiet for some time yet. On the other hand
credit is very much better now than it was. Trade here a t
home is slowly but steadily improving and money is likely toi
continue abnndant and cheap for a long time.
If everything
had gone smooth the well informed were aware that new
e aterprises of various kinds and of considerable importance
were ready prepared, and that probably there would be, there
fore, large issues, especially in the shape of new companies,
during the next few months. They will in all likelihood come
if the war scare abates; but if political apprehension contin
ues investors are hardly likely to subscribe largely. Upon the
Continent money is very abundant, confidence is reviving and
trade is somewhat improving.
But of course if political dis
quiet continues there will be slackness there as well as here a t
home.
A more favorable opinion of the prospects of Italy continues
to be taken. That the crisis is very acute is, unfortunately,
true; that there is much political discontent is also undoubted..
Still the great capitalists in Paris are better disposed towards
Italy than they were, and possibly therefore Italy will get
help to tide over her difficulties.
The crisis in Spain, too,
continues. It is reported that Congress will meet next m onth
and that a bill will be introduced authorizing a large foreign
loan. Spain, however, will not get very much money in thi»
country; she must look mainly to Paris, and unless her
Government is prepared to make concessions with regard tothe railways in which French investors are so largely inter
ested, it does not seem probable that a great loan would be
very successful in Paris.
It is proposed to send out Sir Rivers W ilson, the Chief
Commissioner of the National Debt, to see what can be doneto arrange the affairs of the Central Pacific Railroad Com
pany.
Nothing is definitely settled y e t ; but as Sir Rivers,
can now retire on a very handsome pension, there is no diffi
culty in the way of carrying out the plan.
The negotiations with the American Copper Companies hav&
been resumed.
Most of the difficulties, it is now thought,
have been removed, and stronger hopes than before are entertained that a settlement will be arrived at.
The imports since January 1st have been as follows:
1894.
1893.
‘ Difference.
Per Ot„
I m por ts.
January........
February . . . .
March...........
April.............
May...............
June............... .
July..............
August..........
September. . .
£
38,458,613
33,984,085
35,341,037
35,008,029
34,134,060
34,250,033
31,845,553
31,638,521
30,249,136
9 months.... 304,671,163
A
33,126,470
29,759,640
34,059,48532,120,160
36,838,213
31,869,592
33,293,191
35,002,772
31,378,830
297,188,743
A
+5,332,143
+4,224,445
+1,281,552
. +2,877,869
—2,704,153
+2,380,441
—1,447,638
—3,364,251
—1,129,694
+ 1 6 -0 »
+14-19
+ 3-76
+ 8-99
— 7-34
1 + 7*46,
— 4-34
- 9-61
— 3-69
+7,482,420
+ 2-51
The exports sinee January 1st have been as follows
1894.
£
18,151,880
17,679,449
18,098,903
17,559,876
17,434,212
17,909,155
18,398,536
18,581,240
17,599,320
1893.
£
18,026,019
17,093,309
19,432,904
16,617,977
17,822,460
18,785,271
19,651,374
19,530,178
18,434,129
+ 125,861
+ 586,140
—1,334,001
+ 941,899
— 338,248
— 876,116
—1,252,838
— 948,933
— 834,809
+ 0-69
+ 3-42
— 6-89
+ 5-66
— 1 -9 0
— 4-66
— 6-3T
— 4-85
— 4-52
9 months.... 161,462,571
165,393,621
—3,931,050
— 2-3T
E xports.
January.........
February......
March..____
April..............
May...............
June......... .
July..............
August...........
September...
Difference.
Per 01.
A
THE CHRONICLE,
678
The exports of foreign and colonial produce since January
1st show the following contrast:
Per OL
Difference.
189 4 .
189 3 .
R e -e x p o r t s .
J a n u a r y ...........
F e b r u a r y .. . . . .
M a rc h ...............
A p r il..................
M a y ....................
J u n e ..................
J u l y ...................
A u g u s t .............
S e p t e m b e r ___
£
4 ,7 8 5 ,6 2 9
5 ,7 3 3 ,2 5 2
5 ,6 9 0 ,3 6 7
4 ,8 5 6 ,1 8 4
6 ,9 4 5 ,2 2 0
4 ,7 9 6 ,0 1 5
4 ,8 1 2 ,4 9 2
4 ,3 6 8 ,6 3 7
3 ,9 1 8 ,6 6 7
£
4 ,3 4 6 ,6 4 3
5 ,0 5 1 ,7 2 0
5 ,3 4 2 ,8 8 6
4 ,8 1 0 ,3 6 2
4 ,9 0 4 ,1 0 8
5 ,1 9 8 ,1 8 0
4 ,2 8 9 ,7 6 4
5 ,1 2 7 ,3 8 0
3 ,8 1 0 ,6 1 6
9 m on th s.......... 4 2 ,8 8 1 ,6 5 9
4 5 ,9 0 6 ,4 6 3
£
— 4 3 8 ,9 8 6
— 6 8 1 ,5 3 2
— 3 4 7 ,4 8 1
—
4 5 ,8 2 2
— 2 ,0 4 1 ,1 1 2
+ 4 0 2 ,1 6 5
— 5 1 1 ,7 2 8
+ 7 5 8 ,7 4 3
— 1 08 ,05 1
— 9*17
— 11-88
— 6-10
— 0-94
—29-38
+ 8-38
—1 0-8 6
-1-17-36
— 12-75
—3 ,0 2 4 ,8 0 4
— 65-8
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with the last three years :
Circulation.............. .....................
Public deposits.............................
Other deposits..............................
Government secu rities..............
Other securities..........................
Reserve o f notes and coin..........
Coin & bullion, both departm’ts
Prop, reserve to liabilities. .p. c.
Bank rate....................... per cent.
Consols, 2% per cent...................
Silver..............................................
Clearing-House returns.............
Messrs. Pixley Sc Abell write as follows under date of
October 5:
Gold—A fairly steady demand for the Continent still continues and
lias absorbed all recent arrivals. During the week there bave not been
large movements at the Bank of England; only £59,000 has been re
ceived while £254,0o0 has been taken for export. Arrivals: India,
£30,000; Chili, £2,000; West Indies. £36,000; New York, £2,o< 0;
total, £70,0(10. Shipments, Sept. 28: Bombay, £5,000; Madras, £2,000;
Oct. 5, Bombay, £5,000.
Silver.—After drooping for some days, the price declined to 28i516d. >
but since then several special orders, combined with inquiry for the
East, have caused a rise to 29%d. Arrivals: New York, £145,000;
West Indies, £14,000; Chili, £48,000; total, £207,000. Shipments,
Sept. 28: Hong Kong,- £61,900; Shanghai, £5,000; Bombay, £56,80c;
Japan, £22,500; Calcutta, £7,500; Oct. 5, Bombay, £105,600.
Mexican Dollars —There are few transactions to report in these coin»
and the rate is quite nominal. Arrivals from New York, £36,000. Ship
ments, Sept. 28: Penang, £59,500; Hong Kong, £5,500.
The quotations for hullion are reported as follow s:
Oct. 5.
Bar gold, fine___oz.
Bar gold, par ting, oz
Span, doubloons, oz.
U. S. gold coin . . ,oz.
German gold coin.oz
s.
77
77
73
76
76
d.
10
10%
9
4%
4%
Supplies available for consumption (exclusive
September 1):
1894.
1893.
1892.
Wheat...................cwt. 8,332,707
6,801,396
7,627,714
Imports of flo u r...... 2,068,866
2,618,982
2 , 001,022
Saies of home-grown. 1,908,875
2,565,186
2,167,528
oiuüm
OH
1891.
8,044,259
1,577,240
2,556,450
Total.....................12,310,448 11,985,564 11,796,264 12,177,949
1894.
1893.
1892.
1891.
Aver, price wheat week.l8s. 91.
27s. 61.
27s. lOd. 34s 4d.
Average price, season..20s. 7d.
26s. 3d.
28s. 9d. 37s. 7d.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom :
This week.
Last week.
1893.
1892
Wheat.................qrs. 1,833,000 1,9 45,000
2,614,000
1,512,000
Flour, equal to qrs.
299,000
336,000
338.000
364,000
Maize................. qrs.
346,000
398,000
294.000
410,000
1891.
1892.
1894.
1893
English Financial markets—Per Cable.
Oct. 7.
Oct. 4.
Oct. 5.
Oct. 3.
Tbe daily closing quotations for securities, &c., at London
£
£
£
&
26.363,260 26,561,500 27,183,745 26,189,390 are reported by cable a3 follows for the week ending Oct. 19 :
4,812,340
5,671,075
6,532,895
4,344,135
Wed. Thurs. Fri.
36,443,376 29,872,867 33,165,040 31,217,849
London.
Sat
Mon.
Tues.
12,662,042
15,457,055
12,887,598
12,237,618
29i16 29%
29%
29%
29
19,012,210 24,717,504 25,083,545 27,355,078 Silver, per o z ................ 29ils
101516 10138
27,891,769 16,654,493 16,156 265 13,920,993 Consols, new, 2% p. cts. 101% 101% 101% 101%
1015,« 101%
101%
101%
For
account................
101%
101%
37,455,029 26,765,993 28,890,010 23,660,383 Fr’ ch rentes (In Paris)fr. 102-00 01-97% 01-82% 01-57% 01-22% 01-22%
88%
4514
65^6
41%
U. S. 4s of 1907.............
3
66%
66%
66
2
Canadian Paeifio........ . 66%
66%
2
3+
66%
Chic. Milw. & St. Paul.. 63%
61%
61%
61%
60%
62%
95 11-16
97 1-16
lODé
98^
94%
94%
94%
94%
........
94%
94%
Illinois
Central.....
44%d.
33%d.
38%d.
*29d.
Lake Shore................... 139
139
139
138
138
138%
142,034,000 143,751,000 152,193,000 132,929,000 Louisville & Nashville.. 55%
55%
54%
54%
54%
55%
* October 4. + October 5.
GOLD.
London Standard.
[Von. LIX.
Sept. 28.
s.
77
77
73
76
76
d.
10%
10%
9
4%
4%
SILVER.
London Standard.
Mexican Central 4s.......
N. Y. Central & Hudson
N. Y. Lake Erie & West.
2d consols....................
59
101%
14%
75
59
101%
14%
75
58%
101%
14%
75
Northern Pacific, pref..
Pennsylvania................
Phil. & Read., per share
Union Pacific........ ........
Wabash, pref..................
18%
52%
9%
12%
14%
18%
52%
9%
12%
14%
17%
52%
9
11%
14%
d.
29%
a.
Bar silver, fine. ..oz. 29%
Bar silver, containing 5 grs. gold..oz. 29%
Cake silver..........oz. 31 9-16
Mexican dollars..oz.
58%
102%
14%
74
23
17%
52%
9%
11%
14%
58 %
101%
13%
71%
22%
17%
52%
9%
12
14%
i&cmxmerciaX ami WLi$tcll<tmoxxs U rn s
N a t io n a l B a n k s .— The following information regarding
national banks is from the Treasury Departm ent:
CORPORATE EXISTENCE EXTENDED.
2.203—
The First National Bank of New Lisbon, Ohio, until September
26, 1914.
2.204— The First National Bank of Areola, Illinois, until September
28, 1914.
2,212—The Oakland National Bank, Oakland, III., until October 5,1914
Sept. 28.
Oct. 5.
59
101%
14%
74
23
17%
52%
9%
11%
14%
CORPORATE EXISTENCE EXPIRED.
2,193—The First National Bank of Petaluma, California, expired by
limitation September 25,1894.
LIQUIDATION.
29%
31 9-16
29%
3,464—The First National Bank of Lincoln, Kansas, has gone into
voluntary liquidation, by resolution of its stockholders
dated September 12,1894.
4,220—The First National Bank of Bessemer, Alabama, has gone into
The rates for money have been as follows :
voluntary liquidation, by resolution of its stockholders dated
Interest allowed
September 8, to take effect September 10, 1894.
Open M arket R ates.
fo r deposits by
3,038—The Firs ^National Bank of Oswego, Kansas, has gone into vol
Trade Bills.
B ank Bills.
untary liquidation, by resolution of its stockholders, dated
Bh
D isc’t H ’se.
Joint
August 22, to take effect September 15,1814.
A t 17 to 1
Six
Three Fowr
F ou r
S ix
Ö
Three
Stock
4,577—The Socorro National Bank, Sooorro, N. Mex., has gone into
PB Months Months Months M onths M onths M onths Banks. Call. D ays.
voluntary liquidation, by resolution of its stockholders, dated
%
%
Aug. 31 2 9 -1 6 @ — % @ - 1 @ — 1 @ 1 % 1 % @ - 1 % @ 2
%
July 16, 1894.
15-16@1
9
-1
6
®
1
%
@
2
S ep t. 7 2
%
1 @1% 1% @ %@ —
%
4,794—The First National Bank of Ireton, Iowa, has gone into volun
“
14 2
% @ 9 -1 6 9 -1 6 @ % 15-16®- 1 @ - t % @ - 1 % @ 2
%
%
%
tary liquidation, by resolution of its stockholders, dated Sept
“
21 2 % @ 9 -lt i 9 -1 6 @ % % -1 5 -1 6 1 @ — 1 % @ — 1 % @ 2
%
%
%
1,1894.
“
28 2
%
%
%@ %
% @ % 1 @ — 1 % @ — 1% @ - 1 % @ 2
3,928—The Cottonwood Valley National Bank of Marion, Kansas, has
O ct.
5 2 9 -1 6 @ — % @ — 15-16® 1 1 % © - 1 % @ — 1 % ® 2
%
%
%
gone into voluntary liquidation, by resolution of its stock
The Bank rate of discount and open market rates at the
holders, dated September 12, 1894.
chief Continental cities now and for the previous three w eek8
INSOLVENT.
have been as follows :
585 The National Bank of Middletown, Pennsylvania, is insolvent,
Sept. 28.
Sept. 14.
Oct 5.
Sept. 21.
and was on September 24 placed in the hands of Benjamin
Rates of
M. Nead, Receiver.
Interest at
Bank
Op et
Open Bank Open
Bank
Bank
Open
4,130—The State National Bank of Vernon, Texas, is insolvent, and
R ate Marke R a te. Market R ate. Market Rate. Markt t
was on September 24 placed in the hands of T. Windsor
2%
2%
11-16
1%
1%
2%
Paris................
2%
m
Robinson, Receiver.
Berlin..............
H amburg.. ..
F rankfort.. ■
Amsterdam .
Brussels
Vienna............
St. Petersburg
Madrid
Copenhagen...
3
3
3
2%
3
4
6
5
3
1%
1%
1%
1%
1%
3%
6
6
3
3
3
3
2%
3
4
6
5
3
2%
2%
2%
1%
1%
3%
6
5
3
3
3
3
2%
3
4
6
5
3
2
2
2%
1%
1%
3%
6
5
3
3
3
3
2%
3
4
6
5
3
1%
1%
1%
1%
1%
3%
6
5
3
The following shows the imports of cereal produce into the
United Kingdom during the first five weeks of the new season
compared with previous seasons:
IMPORTS.
1894*
Imports of wheat cwt. 8,332.707
Bariev........... ............ 3,232.019
O ats.l..............
1,625,295
Peas............................
166,620
Beans..........................
531,422
Indian Corn.............. 2,316,404
Flour....... ................... 2,068,866
1893
6,801,396
3,025,429
1,383,548
193,503
514,134
3,157,599
2,618,982
1892
7,627,714
2,473,172
1,354,541
184,452
717,233
4,291,816
2,001,022
1891
8,344,259
2,441,901
1,513,413
110,513
492,67
1,878,432
1,577,240
I m po rts a n d E x p o r t s f o r t h e W e e k .— The following ar e
the imports at New York for the week ending for dry good s
Oct. 11 and for the week ending for general merchandise
Oct. 12 ; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT NEW YORK.
For Week.
Dry Goods____
Gen 1 mer’dise.
Total..........
Since Jan. 1.
Dry G ood s...,.
Gen’l mer’dise.
1891.
1892.
1893.
1894.
*1,838.570
11,523,738
$1,279,018
5,660,039
$1,739,407
5,825,989
$7,854,570 $13,362,308
$6,939,057
$7,565,406
$1,943,024
5,911,546
$94,693,085 $101,750,587 $105,711,742 $69,551,987
320,375,839 351,427,139 344,761,118 272,372,154
Total 41 weeks. $415,068,924 $453,177,726 $450,472,360 $341.924,141
The imports of dry goods for one week later will be found
in our report of the dry goods trade.
LHE CHRONIGIÆ.
OCTOBER 20, 1894,]
The following is a statement of the exports (exclusive o f
specie) from the port of New York to foreign ports for the
week ending Oct. 16 and from January 1 to date :
679
New York City Bank Statement for the week ending
October 13, 1894. W e om it two ciphers (00) in all cases.
ban ks.
(00s omitted.)
Capital SurpVs Loans.
EXPORTS PROM NEW YORK POR THE WEEK.
1892.
1891.
For the week..
Prev. reported.
1894.
1893.
$6,508,617
$8,442,094 $5,768,503
$7,088,059
284,180,035 301,382,296 288,563,237 $281,840,975
Total 41 weeks. $292,622,159 $307,150,799 $295,651,266 $288,349,592
The following table shows the exports and imports of specie
at the port of New York for the week ending Oct. 16 and since
January 1,1894, and for the corresponding periods in 1893
and 1892:
EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.
Exports.
Cold.
Week.
Imports.
Since Jan. 1.
$ ............ $15,438,800
23,763,999
31,600,000
5,000 12,060,440
47,205
536,867
6,000
856,635
Great Britain............
France............ ..........
West Indies...............
South America..........
All other countries..
$11,000 $84,303,946
48,210; 70,148,537
9,605' 58,786,853
Exports.
Total 1894.
Total 1893.
Total 1892.
Silver.
Since Jan. 1.
Great Britain........
France...................
Germany................
West Indies............
M ex ico .................
Boutli America.......
All other countries
$25,784,538
394,000
268,100
185,920
53,297
722,051
127,102
Total 1 894......
Total 1893........
Total 1892........
$770,152 $27,535,008
540,777 25,049,822
124,200 16,937,944
Week.
Since Jan. 1.
$1,688,902
6,232,886
1,683,367
3,840,992
23,800
140,823
43,9 64
84,798
947,052
128,288
$249,421 $14,565,451
64,984 56,967,415
7,167 7,031,454
Imports.
Week.
Since Jan. 1.
3,055
21,095
1,653
$13,209
100.778
6,504
582,021
250,578
415.779
30,566
$25,803 $1,399,435
44,534
2,995,638
14,000
2,130,821
Of the above imports for the week in 1894 $192,141 were
American gold coin and $1,793 American silver coin. O f the
exports during the same time, $11,000 were American gold
coin.
— The Minneapolis & St. Louis Railway Company stock
holders’ committee, F. P. Olcott Chairman, gives notice that
the final instalment of the assessment on the common and
preferred stocks, being $10 per share, is called, payable at the
office of the Central Trust Co. on or before Oct. 24.
— The Oregon Short Line 1st mortgage bondholders’ com
mittee announces that there are deposited under the terms of
agreement nearly $5,000,000 of bonds. $1,000,000 more have
been promised by holders who on account of absence or other
reasons have been unable to make deposit.
F oreig n T r a d e o f N e w Y o r k — M o n t h l y S t a t e m e n t . — In
addition to the preceding tables, made up from weekly
returns, we give the following figures for the fu ll months,
also issued by our New York Custom House. The first state,
ment covers the total imports of merchandise.
IMPORTS INTO NEW YORK.
1894.
Month. ■
January....
February...
M a rch .... . .
April...........
July............
August.......
September..
T otal.,.
Dry
Goods.
General
Merchan
dise.
$
8,976,930
8,356,097
7,561,718
8,044,653
5,013,252
3,701,397
7,891,356
7,420,901
8,782,959
$
26,993,965
23,821,975
35,517,997
29,239,646
30,267,420
27,447,542
34,387,969
26,861,736
23,472,953
Dry
Goods.
$
35,970,805
82,177,072
43,079,715
37,284,299
85,270,672
31,148,939
42,279,325
34,282,664
32,255,912
$
18,370,078
14,002,275
12,897,876
10,214,034
10,997,095
7,245,201
13,381,391
9,036,188
7,193,333
General
Merchan
dise.
$
33,177,843
81,850,453
44,457,928
37,724,873
35,263,882
35,254,287
27,303,539
27,459,045
23,282,685
January..........
February.......
M arch.... . . . . .
April................
May........ .
June.................
J u ly ...............
August....... .
September.......
Total........
30,037,691
27,394,451
31,301,980
27,990,338
28,086,944
30,032,539
26,338,424
29,323,417
26,397,471
1898.
3.810.0
1.488.0
2.050.4
1.556.0
6.953.7
1.271.0
5.820.5
184.4
5.520.8
555.0
1.149.2
305,3
310.0
224.0
365.5
373.0
567.2
7.119.0
5.917.1
667.8
2.236.4
671.6
3.114.1
983.7
357.8
1,670,7
4.136.5
742.1
355.5
685.9
889.3
1.140.0
2.009.0
1.745.5
426.1
5.713.0
4.837.9
226,'5
2.346.3
6.087.0
1.645.0
332.4
5.933.0
1.372.6
247.8
468.0
167.6
384.0
3.625.3
850.1
520.3
532.3
818.2
1.526.6
1.145.7
246,1
647.9
782.0
1.412.0
212.0
2.034.8
527.0
585.0
2.813.8
258.9
$
18.370.0
14.952.0
12.558.0
10.254.0
24,761,5
5.524.0
33,934,9
2.323.1
31,216,8
4.758.2
6.487.0
1,674,8
2.305.0
1.179.3
2.788.4
2.070.4
2,322 «
21,265 0
23.172.0
5.760.4
9,738 1
3,456,6
14,297 0
5 ,9 6 17
3,104 6
6,932 5
25,097 4
3 ,0 6 7 o
3,341 o
2,927 5
5,324 a
4,243 0
9 ,7 5 7 o
7,133 8
l ,9 1 0 o
26,833 0
29,228 o
9694
24,252 4
14,355 o
6,263 o
4 ,0 5 3 i
25,351 I
10,414’s
1,275 7
3,269 o
3,447 a
2,962 5
20,756 2
6,683 9
3,080 5
4,037 5
6,824 7
6,789 2
5,348 ft
1,8 4 77
5,304 5.
2 ,8 7 0 0
5 ,9 1 6 0
1,651 O
13,313 5
4,861 0
2,615 7
1 0,9 71 6
1,344 4
T otal....................[61,622,7171,259,6 500,168,2(92,890,9 115,671,21590,859, 1
Ba k e s .
N . Y o r k .*
S e p t.1 5 ....
‘r 22 .. .
“ 2 9 ....
Oct. 6 ___
“ 1 3 ....
B o s t o n .*
Sept.29___
Oct. 6 ___
“ 1 3 ....
P h i l a .*
Sept.29 .. .
Oct. 6 ....
“ 13 ...
Capital &
Surplus.
Loans.
Specie.
$
132.664.6
132.664.6
132.664.6
132.664.6
132,882,3
$
495.087.1
497,919,4
497.561.0
500.277.2
500.168.2
$
91.288.3
91.862.4
92.010.5
92,215,1
92,890,9
69.351.8 172.159.0 10.969.0
69.351.8 173.304.0 10.874.0
69.351.8 172.721.0 11.039.0
35.810.3 112.491.0
35.810.3 112.907.0
35.810.3 112.979.0
Legáis. Deposits.+ Circ’l’n Clearings.
$
586.634.4
587.928.1
586.633.5
589,541,4
590.859.1
$
100708
104405
108038
H 1420
115537
$
463.120.8
475.415.9
439,191,4
578,932,2
478,844,8
7.788.0 164.917.0 7.016.0
7.717.0 169.051.0 7.069.0
7.892.0 168.429.0 7.030.0
72.792.0
97,846,4
80,075,2
$
1153240
1150943
1154397
1146212
1156712
33,3 32.0
32,9 31.0
32,1 50.0
116.901.0 5.245.0
115.980.0 5.290.0
115.802.0 5.390.0
57.964.7
74.591.1
59.473.7
* We om/it two ciphers in all these figures, t Including fo r Boston and Phila
delphia the item “ due to other banks.”
Auction Sales.—‘Am ong other securities the following, no t
regularly dealt in at the Board, were recently sold at auction *
Total.
S
51,847,921
45,852,728
57,355,804
47,938,907
46,260,977
42,499,488
40,621,030
86,495,233
30,476,021
Bonds.
1 Mem.N. Y.Produce Exch.$460
$10,000 Platte River Paper
50 Gallatin Nat. Bank........$308
Co.....................................$5,100
B y Messrs. Adrian H . Muller & Soh
Shares.
100 Mechanics’ Nat’i Bank...18514 Pew No. 93, Madison Sq. Pres
47 Mexican Teleg. CO.......... 170*a
byterian Church... .....$ 3 0 5
200 Un. N. J. RR. & Can. Co’s.SSö1« Pew No. 17, Madison Sq. Pres
100 Lewis & Fowler Mfg. Co. 130
byterian C hurch..........
70
5 Am. Soda Fount. Co. lstp f 100
Pew No. 19, Madison Sq. Pres
67 Brunswick Lgt. & Water
byterian Church............
50
Co. of Brunsw’k, Ga.,$37 lot.
Bonds.
150 Toledo Brew. & Malt. Co. 25
$3,000 Wilkesoarre & East.
5 Lawyers’ Title Ins. C o...154
RR. Co. 1st 5s, guar............
95
gmxMtxö aixtf Ifitmnxial.
S amuel D. D avis & Go.,
A t New York.
Month.
24,801,864 January.............
22,769,856 February............
27,902,594 March.................
26,765,137 April...................
30,767,496 May...................
31,773,627 June....................
32,661,140 J u l y . . . . . ..........
35,045,433 August..............
32,998,412 September.........
256,903.255 264.475.559
2 , 220,0
2.516.0
1.910.3
1.421.0
2.236.0
514.0
7.864.9
391,8
6.583.3
828.7
1.222.9
131.0
315.0
194.1
525.4
252.2
163.8
2.187.0
4.156.8
1.033.1
1.545.4
591,6
1.617.1
1.038.9
233.1
1.079.2
4.774.7
361.8
639.5
586.8
623.0
489.0
1.776.3
1.122.5
252.6
4.466.0
5.315.7
102.9
4.536.3
631.0
946.0
764.2
2.670.6
1.721.3
107.8
453.0
694.5
600.3
4.933.0
878.5
225.5
527.4
1.135.1
1.619.7
697,2
217.9
758.0
215.0
761.0
292.0
1.786.7
1.055.0
147.9
1.076.1
156.5
CUSTOMS RECEIPTS.
Total Merchandise.
1894.
16,100,0
13.871.0
10.363.6
10.752.0
19.491.2
5.156.0
24.114.3
2,401,6
26.633.5
4.159.5
6.581.8
1.684.5
2.240.0
1.115.3
3.073.0
1.713.8
2.985.0
22.059.0
22.707.3
5.966.8
8.278.9
2.374.4
11.800.1
5.405.6
2.192.3
5.573.9
19.111.2
2.728.0
2.774.5
1.963.6
5.057.1
3.180.0
7.583.4
4.699.9
1.840.2
22,416,0
23.331.3
1.059.3
22.269.5
9.369.0
4.377.0
3.663.7
23.761.7
8.543.2
1.328.6
2.722.0
3.043.5
2.763.5
13.913.7
6.106.3
2.666.6
3.197.9
5.471.6
4.642.8
3.826.1
1.853.2
4.508.8
2.331.0
4.356.0
1.770.0
11.844.7
4.431.0
2.676.9
8.744.7
1.446.3
New York City, Boston a n i P kiladelphia Banks :
65,748,263 258.001,230 323,749,493 103,274,474 296,074,536 399,340,009
EXPORTS PROM NEW YORK.
1,974,6
1.923.0
944.2
2.113.2
2.144.3
0
449.6
0
2.999.2
168,0
7.192.4
143.8
1.579.5
267,4
403.3
177.8
514.4
112,0
510.6
0
2.355.6
0
3.537.5
1.568.6
0
1,103,4
479.6
930.5
960.3
259.2
607.5
1.900.3
335.0
377.9
288.7
804.2
253.7
1.183.1
222.8
412.4
5,467,9
3,074,0
141.5
2.017.7
445.0
575.1
365.0
7.274.3
193.1
138.3
543.9
562.3
273.1
1, 200,6
1.018.2
621.4
603.1
527.4
518.2
545.2
309.3
744.7
281,2
228.3
335.9
218.6
871.5
575.5
278.8
112.9
2, 000,0
2.050.0
2, 000,0
2, 000,0
3.000.
1.000.
1, 000,0
750.0
300.0
600.0
1, 000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5.000.
5.000.
1. 000.
1, 000,0
422,7
1.500.0
450.0
200.0
700.0
1,000,0
500.0
600.0
500.0
750.0
1, 000,0
1, 000,0
1, 000,0
300.0
1.500.0
2, 000,0
250.0
3.200.0
2,000,0
300.0
750.0
500.0
1,000,0
300.0
250.0
200.0
750.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
200,0
300.0
200.0
500.0
200.0
2,100,0
300.0
500.0
1, 200,0
500.0
Specie. Legáis. Deposits
By Messrs. R. Y . Harnett & C o .:
1893.
lotal.
Bank o f N ew Y ork..
Manhattan Co..........
Merchants’ ...............
Mechanics’ ....... ........
A m erica....................
Phenix.......................
C ity---------- ------------Tradesmen’ s .............
Chemical . . . . . -------Merchants’ E xch’ge
Gallatin N ational...
Butchers’&Drovers'
M ec panics’ & Trad’s
G reen w ich ...........
Leather M anufac’rs
Seventh N ational...
State of N ew Y o r k ..
Am erican Exchange
Comm erce................
B r o a d w a y ........ . .
M ercantile. . . . . . . . .
P acific......................
R epublic..................
C h a th a m .......____
People’s ...............
N orth A m erica.......
H a n o v e r ................
Irv in g. ...................
Citizen’s ...............
N assau....................
M arket & F u lto n ..
Shoe & Leather___
Corn E xch an ge___
Continental............
O riental...................
Im potters’&Traders
P a r k ................... .
East R iv e r........ .
Fourth N ational___
Central National.
Second N a tio n a l....
N inth N ational..
First N ational...
Third National...
N .Y . Nat. E xchange
B o w e r y .. ...........
New Y ork C ounty..
German A m erican ..
Chase N ational___
F ifth A ven u e.......
German E xch an ge..
Germania . . . . . . . . . . .
United States..........
L in c o ln .....................
Garfield.. . . . . . . . . . . .
F ifth N a tio n a l.......
Bank of the Metrop.
W est S id e........... .
Seaboard...................
Sixth N ational........
W estern N a tional..
First Nat. B r’k ly n ..
Southern National..
Nat. Union B a n k ....
L iberty N at. Bank.
$
Total............
1894.
$
8,316,655
7,424,174
7,448,490
6,733,598
6,238,318
5,181,443
6,176,579
8,723,355
9,692,660
BANKERS,
1893.
$
15,291,902
12,439,466
12,805,884
9,717,453
9,969,280
9,337,791
10,220,988
8,188,589
7,964,784
65.033.2?2 95.936 137
NO. 4 0 W A L L S T ., N E W 1 J R K .
S a m u e l D . D a v is .
C h a s . B. V a n N o s t r a n d
S pencer T rask & Co.,
BANKER S,
10
W ALL
STREET,
NEW
S ta te and J a m e s S tr e e ts , A lb a n y .
YORK,
Bonds and Stocks Bought and Sold on Commission. Dealers in State, City and
Railroad Bonds. Corr espondence invited.
«80
THE CHRONICLE
S 'I ï e
3-16 discount, selling 1-16 discount; Charleston, buying 1*10
discount, selling par @ 1 -1 6 premium; New Orleans, bank
par ; commercial $1 25 discount; Chicago, 25c. per $1 000
discount; St. Louis, 75o. per $1,000 discount.
¿ ¡B a n k e r s ’ (B a g c t t c .
DIVIDENDS.
When
Per
Oent. Payable.
Name o f Company.
R ailroad s.
Baltimore & Ohio com m on......
do
do
Washington Boh.
Ureat Northern pref. (quar.)......
Lake Erie & West. pref. tquar.)..
Nashv. Chat. & St. L, (quar.)...
St. P. Minn. & Man. guar, (quar.)
B a n k s.
Pacific (quar.)..............................
T ru st Com panies.
Hamilton, Brooklyn (quar.)......
People’s, Brooklyn (quar.)..........
M iscellaneous.
Northw. Equip, of Minn.(quar.).
Pennsylvania Coal (quar.).......
Pullman’ s Palace Car (quar.)__
Railway Equipment of Minn__
W’mshurft Gas L.,B’klyn (quar.)
Worthington. H. R.. pref.............
2
Nov.
5
Nov.
1*4 Nov.
1H iNov.
1
Nov.
l*a Nov.
Book» Closed.
(Days inclusive.)
15 Nov. 4
1
—
1 .Oct. 21
15 Nov. 1
1 Oct. 25
1 Oct. 16
to
to
to
to
to
to
Nov. 19
------ --Nov. 1
Nov. 15
Nov. 1
Nov. 2
2
Nov.
1 Oct. 20 to Oct. 31
2
2
Nov.
Nov.
1 Oct. 26 to Oct. 31
1 Oct. 21 to Oct. 31
1*fl
4
2
3
l*s
3is
Oct. 31 Oct. 26 to Oct. 31
1 Oct. 22 to Nov. 2
Nov.
Nov. 15 Nov. 2 to Nov. 15
1
Nov.
— t o -----Oct. 22 Oct. 14 to Oct. 22
1 Oct. 21 to Nov. 1
Nov.
W A L L STR E ET, F R ID A Y , OCTOBER 19, 1 S 9 4 -5 P . M .
Thp Money M arket and Financial Situation.— The scarcity
y)f good investment stocks is one of the features of the market
a t the Stock Exchange, and although possibly not new is one
o f the prominent features of the week. Bids of full quotations,
and in some cases an advance on the same, fail to bring out
a n y considerable amount of such securities.
The condition of the foreign exchange market has continued
exceptional for the season and caused some apprehension, but
whatever is to be feared from a renewal of gold exports the
possibility seems to have had little effect on the Stock E x
change.
A meeting of railroad managers at St. Louis this week has
k>een looked upon in some quarters to establish more uniform
rates for Western railroad traffic, and thereby secure better
earnings.
The approaching State and municipal election has absorbed
the attention of some people on the Street, and has affected
business to some extent, as the results of the election will
-doubtless be more far-reaching than usual.
According to the statement of prominent bankers, the sur
plu s reserve in local banks is unprecedented at this season of
the y ear; loans are being paid off, and the prospect is of a still
-larger accumulation of idle funds.
The open market rate for call loans during the week on
■stock and bond collaterals have ranged between % of 1 per
■cent and 1 per cent. To-day rates on call were % @ 1 per cent.
-Prime commercial paper is quoted at 2 % to 3 per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £194,116, and the percentage
>©f reserve to liabilities was 6P73, against 61*72 last week; the
discount rate remains unchanged at 2 per cent. The Bank of
(France shows a decrease of 3,300,000 francs in gold and
1,425,000 francs in silver.
i
The New York City Clearing-House banks in their statement
o f October 13 showed an increase in the reserve held of
*¡¡>1,'725,800 and a surplus over the required reserve of $60,847,■325, against $59,450,950 the previous week.
C apital................
Surplus...............
Loans & disc’nts.
1Circulation... . .
Net deposits.......
'Specie..................
Legal tenders___
Reserve h eld.....
.¿Legal reserve___
1894.
Ocl. 13.
Diffsren’sfrom
Prev. week.
$
61.622.700
71,259,600
500.168.200
11.553.700
590.859.100
115.671.200
92,890,900
208.562.100
147,714,775
$
Dec. 109,000
In c. 411,700
Inc. 1,317,700
Inc. 1,050,000
In c. 675,800
In c.1,725,800
Inc. 329,425
Surplus reserve 60,847,325 In c.1,396.375
1893.
Oct. 14.
1892,
Oct. 15.
$
$
60.422.700 60,422,700
71.594.800 68.235.500
395,716,000 459.525.000
14.956.800
5,571,700
412,456,200 468.183.000
90,379,400 71.782.500
46.630.700 45,802,300
137,010,100 117,584,800
103,114,050 117,045,750
33,896,050
539.050
F oreign Exchange.— The supply of commercial bills in the
®<©reign exchange market has continued good, but not suffi
c ie n t to satisfy the demands of remitters, and a small shipJ8®mt of gold was made on Tuesday.' *Fears were entertained
!$k&t later in the week much larger amounts of gold would be
necessary to equalize the market, but the demand was less
■urgent on Wednesday and quotations lower, since which it
lias been weaker, though $500,000 will be shipped to-morrow.
To-day’s actual rates of exchange were as follows : Bank
ers’ sixty days sterling, 4 8 6 % @ 4 8 6 % ; demand, 4 87 % @
•4 87% ; cables, 4 87% @ 4 87%
Posted rates of leading bankers are as follows :
October 19.
.(Prime hankers’ sterling hills on London..
¿Prime commercial— .......... ......................
Documentary commercial.........................
(»Paris bankers (francs!_______ __________
■Amsterdam (guilders) bankers............... .
cFrankfort or Rremen(relchmarks) b’nker s
Sixty Days.
4 87*«@4 88 4
4 86*4@4 86*«
4 S5*s@4 85%
5 17*s@5 lO^g 5
40*i 6@4034
95*«@9558
Demand.
88*a@4 89
15%@5 15
403ö@40tie
95%®95%
The following were the rates of domestic exchange on New
Y ork at the under-mentioned cities to-day; Savannah, buying
[YOL.L1X.
U nited States Bonds.— Sales
Government bonds as follows :
to 119%, $10,000 4s, registered,
at 114% to 115. Quotations are
Price bid; no sale. Interesi
Periodi
...............reg.
2s,
4s, 19 0 7... ......reft.
4s, 1907........oon p .
5s, 1904.............reg.
5s, Ì 9 0 4 ........coup.
6s, oar’cy,’ 95___reg.
6s, our’cy,’ 96....reg.
6s, onr’cy/97....reft.
6s, cur’ey,’ 98....reg.
6s, eur’cy,’ 99___reg.
4s, (Cher.)1896..reg.
4s, (Cher.) 1897..reg.
4 s, (Cher.) 1898 reg.
4s, (Cher.)1899..reg.
Od.
13.
are reported at the Biard of
$36,000 5s, coupon, at 1193/
at 114%; $5,000 4s, coupon
as follows:
Oct
15.
Oct.
16.
Oct.
17.
Oct.
18.
Oct.
19.
Q.-Moh. * 96 * 96 * 96 * 96 * 96 * 96~
Q .~ J a n . 114% *114% *114 *114% *114*8 *11434
Q .-J a n . 115 *114*2 115
’ I I 434 114% *1141$
Q .-F e b . *119% *xl8% *118*4 *118*4 *118*4 *1185,
Q .-F e b . *119*4 *119*4 *119% 119% 119% *119%
J. & J. *101 *101 *101 *101 *101 *101
J. & J. *104 *104 *104 *104 *104 *104
J. & J. *107 *107 *107 *107 *107 *107
J. & J. *110 *110 *110 *110 *110 *110
J. & ò. *113 *113 *113 *113 *113 *113
March. *103*« *103*2 *103% *103*4 *103*4 *103ia
March. *104*s *104*« *104*2 *104*2 *104*« *104ia
March. *105% *105% ’ 105% *105% *105% *10538
March. *106*4 *106% *106*4 *106*4 *10ö*4 *10614
United States Sub-Treasnry.—The following table shows
receipts and payments at the Sub-Treasury.
Date.
Oct.
“
“
«
“
“
13
15
16
17
18
19
Receipt*.
$
1,827,405
2,602,919
2,378,334
2,681,747
2,152,863
1,703,261
Payment».
$
2,823,819
3,133,817
3,339,605
2,975,861
2,524,185
2,018,828
Coin.
$
75,941,400
75,357,060
75,242,545
75,290,373
75,3i2,082
74,821,718
Balance*.
Ooin CerV». Currency.
$
904,355
838,9 22
827,035
823,028
769,339
794,474
$
58,381,912
58,500,788
57,665.919
57,327,984
56,988,642
57,138,303
Total 13,346,529 16,816,115
Coins.—hollowing are current quotations in gold for coins:
Sovereigns...........$4 85 @$4 90
Fine silver bars.. — 63**w — 64
Napoleons........... 3 85 @ 3 90
Five francs......... — 90 @ — 95
X X Eeichmarks 4 70 @ 4 80
Mexican dollars.. — 51i4@ — 52%
25 Pesetas.......... 4 75 @ 4 85
Do uncoin’c ia l..------@ — —
Span. Doubloons. 15 55 @15 75
Peruvian sols.. . . . — 50 @ — 52
Mex. Doubloons. 15 55 @15 75
English silver.... 4 80 @ 4 90
Fine gold bars. 1 par @14 prem. U.S. trade dollars — 55 @ — 65
State and R ailroad Bonds.— Sales of State bonds at the
Board include $15,000 South Carolina 6s non-f undable at 2% ;
$15,000 Virginia 6s defd. trust receipts, stamped, at 8% to 8% ;
$3,000 Tenn. settlement 3s at78% ; $35,000Virginia funded debt
2-3s of 1991 at 58% to 58%.
The railroad bond market has been dull but generally
steady.
Am ong the more active are Atchisons, which are
lower, 1st 4s closing at 66% and Class A at 19% ; considering
that there is over a year’s interest accrued on each of these
issues, the face value is about 5 per cent and 3 per cent respec
tively less than the above quotations. Northern Pacific issues
have declined; coll, trust notes close at 74% ; 1st coup,
at 113; 2d cons, at 85% .
Phila. & Readings have
been less prominent; gen. mort. 4s close at 77% ; 1st
pref. inc. at 32% ; 3d do at 23. Texas & Pacifies have
been steady; 1st 5s close at 87% ; 2d incomes at 26% . Union
Pacifies have been steady; ext. s. f. 8s close at 95% ; 1st ’96 at
105%; 1 st’97 at 106% ; 1st ’98 at 107%. Wabash issues have
been relatively active and steady, 1st 5s closing at 105%; 2d 5s
at 67%. Rio Grande & Western lsts are in demand and
stronger on the favorable annual report of the company.
R ailroad and Miscellaneous Stocks.— Some exceptional
features have been noted in the stock market during the
week. Manhattan Elevated declined on Monday to 106%, five
points below the lowest reached during the current year,
under free selling of the stock, said to be by inside holders.
The possible adoption of the Constitutional amendment pro
viding for a new system of rapid transit was given as a prin
cipal reason for the selling. The stock was stronger on
Wednesday and closes at 108 against 113% at the close last
week.
|
Delaware Lackawanna & Western has been weak, and de
clined from 169% last week to 166, presumably because of a
fear that the earnings, when announced, will be disappoint
ing, as some of the coal-carriers show a large falling off in
traffic. Baltimore & Ohio broke five points on Wednesday
on account of a reduction in the semi-annual dividend from
2 % to 2 per cent, and closes at 69 against 75%.
The granger stocks have been most active of the railroad
list, with prices steady, except St. Paul, which has been weak
and lower, as the reported earnings for the second week in
October were unfavorable, but closes stronger at 61% against
61% . Burlington & Quincy closes at 73% against 73%. Rock
Island at 60% against 59%. The general list has been dull but
strong and fluctuations narrow.
The industrials have maintained the position so long held
as more active than the railroad list, with American Sugar
Refining in the lead. This stock has ruled strong through the
week and advanced, closing at 87% against 84.Ohicago Gas has developed some strength, closing at 75%
against 74%. Distilling & C. F. has been dull but fairly steady
at about the lowest point reached in the recent decline, closing
at 9% against 9% . General Electric has been very aetive
and declined from 37% at the close last week to 35% on vari
ous rumors Of the condition and prospects of the company.
Western Union has been prominent, selling down to 85% on
Monday, but has recovered, closing at 87% against 8 7 % .1 r
681
THE CHRONICLE.
October 30, 1894. J
tfEW YORK STOCK EXCHA.NOE--4.Or/Ffi7 STOCKS fo r week ending OCT. 19, and since JAN. 1, 1 8 9 4 ,
HIGHEST AND LOWEST PRICES.
Saturday,
Oct. 13.
Monday,
Oct. 15.
Tuesday,
Oct. 16.
1Wednesday, Thursday,
Oct. 18.
Oct. 17.
Friday,
Oct. 19.
STOCKS.
Active B R . Stocks.
Sales of
the
Week,
Shares.
2,340
Range for year 1894.
Lowest.
Highest.
3 July 23 16 Mar. 14
% Jan. 2 1% Mar. 28
67 Jan. 2 81% Apr. 6
62% June 11 73% Jan. 18
47 Jan. 3 53% Aug. 24
104 May 31 117% Mar. 8
16 May 21 21% Aug. 31
20 130 Feb. 12 142 July &
40,770 70 Aug. 7 84% Mar. 21
52 June 1 55 Feb. 2T
11 93 May 23 97% Sept. 12
pref.
Do
;.Paul 92,445 541* Jan. 3 673a Sept. »
ago I
60% 61% 59% 603a 59% 60% 59% 605a 60% 613a c
464 116 Jan.
123% Mar. 13
120 120
1195a 1195a 119 119
pref.
119% 119% 119 119
*120 122
1103s June T
103 104% 103% 104% 103% 1043a c
n..... 9,758 97 Jan.
103% 103% 102% 103% 1025b 103
118 135% Jan.
145 Apr. 9
144 144
pref.
143% 143% 143% 143%
Do
723s Apr. 7
593« 59% 605a 59% 603a 60% 60% C1
?acifl< 23,105 58*2 Oct.
59% 59% 59
59% 60
810
413a Apr. 7
32*2
Jan.
35%
35%
C
355a
35%
*35
36
355a
&
Om
355a
35
35% 35% 35
112 113
116 Apr. 16
10938 Jan.
pref
Do
*112 114 "112 114 *112 114 *112 114 *112 114
1,100
42 Aug. 25
31
Jan.
10
*38%
39%
C
t.
L..
*38%
39%
*38
39%
e.
CD
38%
38%
*38% 39% 38% 38%
78 Jan, 18 88 May 12
pref.
Do
900
20% Mar. 31
18
18
C
15*2
July
11
,
&
Tol
*17%
18
18%
183
b
*18% 18% *18% 18% 17% 18%
57*2 May 23 66 Jan. 12
*R3
*fOt
pref.
*63 ........ *63 ........ *63 ........
Do
*63
1,508
144%
Apr. 7
132%
132%
D
126%
July
9
131%
131%
131%
131%
130%
132
132% 133
*133 134
300 158 May 21 174 Sept. 13
166 166 *165 167 *165 168 D
*Ì68 169% 167 167 *165 168
100
12%
Aug.
20
*10%
11%
D
9%
Aug.
7
*10%
11
10%
10%
11
*10% 1 1 % *10%
2,420 24 June 22 363s Sept. 10
32
325a 32% 32% 325a 325a
pref.
Do
32
32% 32% 32% 32% 32
12%
Sept.
11
|
|
3s
Jan.
19
*10%
11%
E
*10%
11%
*10%
11%
*10% 11% *10% 11% *10% 11%
*17
20 I
11*2 June 23 19% Sept. 7
*17
20
*17
20
*17
20
*17
20
*17
20
300
14%
Sept.
1
»
*12
14
I
4%
Mar.
28
*12
14
*12
14
12%
12%
*12
14
*12
14
48 Aug. 21 68 Apr. 20
*45
50 E
*45
50
*45
50
*45
50
*........ 45
*45
50
250
106
Apr.
9
103%
103%
0
100
Jan.
4
*102
104
*101
103
*103 105
102 102 *103 104
855 89 July 9 95% Sept. 11
92
92% I
92
92
92
915s 915a 92
93
92% 92% *92
6 Jan. 2 11% Apr. 3
*7*2 8 I
*7% 8
*7% 8
*7% 8% *7% 8% *7% 8
100 23% Jan. 4 39% Apr. 9
30%
*28% 30% *23
pref.
30
30
Do
*28
31
*28% 30% *28
31
1,375
13%
Jan. 12 19% Aug. 24
16%
16%
L
>
Eri<
16%
17%
16% 17
18
*17% 18% 18% 18% 18
924 63 Jan. 3 74 Sept. 13
70
70
70
70
70
pref.
Do
70% 71% 70
*70% 72
*70% 72
1,888
135%
135%
L
118%
Jan. 3 139 Aug. 23
1353a
135%
135%
135%
135% 135% 135 135% 134%135
50 87 May 22 100 Jan. 2
*86
8S L
88
87% *86
89% *86
*87
89% 86% 86% *87
2,207
12%
13
I
10%
Sept. 21 22 Apr. 16
*125a
12%
12
12% 12% 12% 12% 12%
13
13
13,076 40% Jan. 12 5738 Sept. 22
53% 54% 54% 54% L
54% 54% 53% 54% 53% 53% 53% 54
3
6
June
5 10 Jan. 22
*7
8
I
*7
8
*7
8
7
7
*7
8
*7
8
220 19 July 9 40 Jan. 6
23
23
25
24% 24% *22
pref.
Do
*22
25
25
24% 24% *22
24,268
1273s Apr. 26
106
109%
»
Oct.
19
106
109
1093a
111 113% 106% 111% 106% 108% 108 109%
276 94 July 23 1003a Feb.
99 84 99% ]y
99
99
99
97% 97% 99
*98
99
630
Sept.
11
19 Oct. 15
2
17
17
a
18% 18% 17% 18
*18 s4 20
*18% 20
19
19
300 15 Sept. 12 38% Apr. 9
*32
35
*32
35
Do pref. .tr. reots., 2d p’d
33
*33% 35
*33% 35
33% 33% 33
420
June
23
16% Apr. 7
12
*16%
1358
135a *13
13%
*13% 14
13
13% *13
*13% 14
720 18% June 25 27% Apr. 9
21% 22
21% 22
22
22
pref
Do
21
*21
21% *21
21% 21
4,275
32%
Apr. 7
18%
Jan.
5
28
283a
a
28
28% 275a 28%
*28
28% 27% 28% 275a 28
100 15% Jan. 3 22 May 15
18% 18% ]\
*18% 20
*18% 20
*19
19% *18% 20
*18% 20
150
74
Apr. 18
70
Jan.
19
7o
70 i
70
70
*68 ........
*69
*68 ........ *68 .
2,735 95% May 24 102% Aug. 23
99% 99% 99% 99% 99% 99% I
99% 99% 98% 99
98% 99
200
16%
Apr. 9
14%
14%
i
13%
May
22
14% 14%
*14% 15
*14% 15
*14% 15
*14% 15
62 July 31 75% Feb. 3
*65
70
*65
70
1st pref
Do
*65
70
70
*65
70
*65
*65
70
100
34%
Apr. 2
25
July
31
27% 27%
*27% 30
2d pref
Do
*27% 30
*27% 30
*27% 30
*27% 30
1,115 11% June 25 18% Mar. 28
14 I
;& West’i
*13% 14% 14
14
14% 14% 14
14% 13% 13% 14
39%
Mar. 27
25%
May
21
*271^ 29
*27
29
pref
Do
*27
29
3,115 ||33s May 19 113338 Sept. 26
31 I
303a 30% 30% 30% 30% 31
30% 30% 30% 31
30
70
195
Mar. 15
178
July
11
182% 182% 183 183 *183 184 ]
*181 182 *181 182 *181 L82
1,904 14 June 25 17% Sept. 4
16% 16% 16% 16% 16
16% 16% 16% 16% 16% 16% 16% ]
760
17%
Sept.
13
13% July 7
*14% 15% *14% 15% ]
15% 15% 15
14% 14% *14% 15
15
630 36 May 21 48 Sept. 13
pref.
Do
43% 43% 43% 43% 43% 43%
44% 44% 43
*42
43
43
420
9%
Sept.
5
4
July
3
oik <5
8
8% ]
*7% 8
*8% 8%
8% 8% *7% 8% *7% 8%
200 17% Jan. 19 26% Sept. 6
pref.
Do
*23
24
22% 22% *21% 22% 22% 22% *22% 23%
*23% 24
529
6%
Mar.
20
3%
June
22
4% 4% 1
*4% 4 % *4% 4%
*4
4%
4% 4%
4%
4%
2,594 12% May 21 233s Mar. 30
175a 18
pref
Do
18% 18% 17% 17% 17% 17% *17% 17% *175a 18
12 Aug. 8 18 Oct. 4
*15
18
*15
18
*15
18
*15
18
*15
18
*15
18
250 10 June 20 30 Mar. 7
*20
24 (
20
20
*22
25
*22% 25
*22% 25
*22% 25
25 4% Jan. 2 10% Apr. 6
9 <
7% 7% *6
*7
9
*7
9
*6
9
*7
9
400
238 Aug. 2 6% Aug. 23
35a 3%
3% 3% ;
358 35a
*3% 4
*3% 4
*3
6
10,180 145s May 21 233s Mar. 14
183a 18% 18% 18% 183a 18% 18%;
18% 18% 17% 18
18
800 10% July 12 21% Sept. 11
17% 17% 17% 175a
17% 18
*18
1S% *17% 18% 17% 18
505 42 July 20 54 Sept. 5
pref.
*47% 48%
Do
48
49
*48
50
*49
50
49
49
49
49
Jan. 15 19% Sept. 12
r. r.5th asst.pc
18
17% 18
17% 18% 17% 175a 17% 17% 17% 17% 18
565 12% Feb. 7 25 Sept. 11
pref. tr. reets.
23
225a 225g 22% 22% 23
*22% 23
22% 22% *22
23
15 Feb. 1 15 Feb. 1
1,10C
3 July 31 5% Apr. 5
4%
5
4% 4%
*4
5%
*4% 4% *4
4% *4% 4 %
l,04i
7 July 11 11 Apr. 5
pref.
9% 9%
Do
85a 9
9
9
9
9
85a 85a
*8% 9%
22 Sept. 21 28 Aug. 21
*22
26
*22
26
*21
26
*22
26
*23
*22
26
26
Jan. 8 95 Mar. 29
88
pref.
*83
95
*83
95
*83
95
*83
93
*83
*85
95
95
300 100 Jan. 6 110 Oct. 17
109 109 *108 110
110 110
*106 109 *105 108 *110
17%
July
23 25 Mar. 14
2,048
20
203a
195a
19%
19%
20
19% 20
39% 19% 19% 19%
1,350 12 Aug. Hi 14% Sept. 13
13
12% 13
12% 12% *12% 125a 125g 125s 123a 125a 13
45% Sept. 13
2,173
34%
Aug.
41%
42%
Do.,
pref.
(when
issued)___
42
42
42
42
42
42% *41% 42% 41% 42%
3,900 7 Jan.
10% Aug. 20
10%
9% 10% 10
95a 9%
9%
9 34
9% 10
9% 10
200
3
Aug.
11% Apr. 3
*5
6%
55a
55a
*5% 6%
*0% 6%
*5% 6%
6
6
100 34 July 28 51 Oct. 17
*48
53
*43
fi3
*46 ........ *46 ........ *46
51
51
75 Jan. 2
75
Jan,
pref.
*7
2
%
........
Do
*72%
*7 2 % ........ *7 2 % ........
*72
82
*71
2,025
7 July 30 22% Mar. 31
12
12
n % 1 1 % 11% 115a 11% 115s 115a 11% 11% 11%
6% Mar. 29
3
Aug.
410
*4
%
Union
Pacific
Denver
&
Gulf.
4%
4%
*4% 4^
4% 4%
*4% 5
4% 4%
4%
8% Apr. 6
5% July 10
627
6%
6% Wabash.....................................
6% 6%
6%
6%
63a 6%
7
7
*6% 7
18%
Apr. 9
2,283,
12%
Jan.
Do
pref.
14
14
14
*14
14% 14% 14% 13% 14
14
14% 14
1,420
9 July 27 14% Aug. 29
12% Wheeling & Lake Erie............
*12% 12% 12% 12
12
12% 123a 123s 12% 12% *12
51%
Apr. 2
940
32%
July
27
Do
pref.
44% 44% *42% 46
42% 41% 43% *40% 43%
42% 44% 41
200 111% July 23 118% Apr. 2
*3% 4 Wisconsin Cen. Co., tr. rects.
*3% 4
*3% 4
3%
3% 3%
3%
*3% 33i
m iscellaneous Stocks.
1,559 26%Mar. 2 34% Aug. 25
31
31
*30% 31
30% 30% 30% 31% *30% 31
30% 31
56 63 Jan. 2 79% Sept. 14
Do
pref.
76%
75% 75% *75
76% *75
*75% 76% 76% 76% 76
76
86% 86% 877s 855a 873s 86% 87% American Sugar Refining Co. 329,148 75% Feb. 1 114% Aug. 21
83% 84% 83% 85% 84
79% Jan. 2 100% Aug. 21
1,867
Do
pref.
91% 91
91
91% 91% 91% 91%
90% 91
90% 913a 91
5,457 69% Jan. 2 107 Aug. 27
97 . 98% 97% 98 American Tobacco Co___
100% 101
t98% 1005s 96% 97% 97% 98
91% Feb. 16 110 Aug. 21
109
Do
.
pref.
104% 104%
106 106 *105 107
*106 108 *103 106 *103 106
76% Chicago Gas Co,, trust reo’ts. 74,030 58% Jan. 3 80 June25
73% 74% 73% 74% 735a 74% 74% 75
75
75% 75
5 June 26 13% Apr. 4
200
*7
10 Colorado Coal & Iron Devel..
*7% 8
8
*7
8
7
7
*7
*7
8
21 Jan. 3 27% Apr. 4
*9,3
24 *........ 24 * ........ 24 *........ 24 Colorado Fuel & Iron.......... .
*23% 24
*23% 24
111
July 30 140 Apr. 20
385
121 121% Consolidated Gas Company.
*121% 122% 121%121% 120% 120% *120% 122 *121 122
7% Oct. 1 30% Feb. 6
85a 9% Distilling & Cattle Feeding Co 7,995
9% 93i
9% 9%
9
9%
9%
8% 9%
9
30%
Jan. 3 45% Mar. 3
73,155
35% 363|3 33% 35% 33% 35% General Electric Co........ . —
373f
36
37% 37% 36
35
1,831 22 Jan. 2 44% Aug. 20
39
40 National Lead Co...................
39
39
*39
39% 39
38% 39
39
38% 385f
68
Jan. 2 92% Aug. 28.
735
Do
pref
86% 87
86% 86%
86% 86% 86% 86%
86% 86% *86% 87
2% June 25
5% Mar. 17
651
4
4 North American Co............. .
*4% 43j
4%
4 1*2 *4% 43f
*4% 43j
4% 43f
11%
Aug. 1 19% Sept. 11
800
16% Oregon Improvement C o ....
15
15
*15% 16% *15% 16% *14% 161-2 15% 15% *15
2,315 13% May Ifii 19 Jan. 30
17% 17% P a cific M a li..............................
16% 17%
17% 17? l 173a 173(
16% 17
16% 16^
79 Jan. 15 90% June 9
*8 2 % ....... *8 2 % .......
*82% ........ Pipe Line Certificates..........
*82% ........ *8 2 % ....... *82%
336 152 July 9 174 Apr. 13
*160 ° 162 *160 " 163 *160 162 *160 ” 1621B 1 6 1 8 162% *160 8 164 Pullman Palace Car Company
64 Apr. 26 67 Jan. 20>
Silver Bullion Certificates...
1,100 14% Jan. 3 20% Sept. 20
17
17% Tennessee Coal & I r o n .......
*17% 18
*17% 18
*17
18
*17
18
62% May 2 71 Apr. 2
Do
pref
3,875 10 Oct. 11 23% June 18
115a 121 2 11% 11%
10% 12 United States Cordage C o...
12% 12%
11% 12*i2 11% 12
2,396 19 Oct. 10 41 June 19
Do
pref
19
21%
22% 23%
22
23
23
*20
22
21% 21%1 21
1,715 33% May 22 I 43 Apr. 5
39% 41*2 40% 41% United States Rubber C o ....
*36
40
*38
40
40
*38
40
*38
I 92% Sent-11
27.915 SO7«
873iB 86% 87% Western Union Telegraph—
85% 873B 85% 863,3 86% 871i 87
87% 88
1
Lowest
is ex div.
' These are bid and asked; no sale made.
It Old certificates.
I2d assessment paid.
1f All instalments j
5% 5%
5% 5%
1%
*1
1% *1
*74%
76
*74% 76
64
64
65
65
50% 51
52
52
i l l 112 3tl09%109%
19
19% 18% 19
142 145
142 145
73% 73% 72% 73
CO
rH
t>
rH
*
5%
*1
74
*64%
*51
107%
18%
142
72
538 558 A
55a 55a *5% 5%
5%
1% Al
13a *1
1% *1
1% *1
69
69% Bj
69
70
68
73
74
*65
65% Ci
66
*63% 65% 66
35
52% 52% Ci
51% 51% 52% 51% 52
108% 109% C<
108% 108% 108 109
109
18% 183a 18% 18% 185a 183a 185a ci
142 145
144% 144% 145 145 c
145
72% 72% 73% 72% 733a 73% 74% Cl
2,113
105
1,655
672
3,260
682
THE CHRONICLE.
BOSTON, P H IL A D E L P H IA
Active Stocks.
ITIndicates unlisted.
m is c e lla n e o u s S to c k s .
Saturday,
Oct. 13.
83
84%
90% 91
201
*30
30%
*lo% 11%
298 300
92
67% 67%
55% 55%
37% 37%
*65
70
24
24
52
52
*67
68
Monday,
Oct. 15.
Tuesday,
Oct. 16.
5%
*
Wednesday, Thursday,
Oot. 17.
Oct. 18.
5%
5%
77
*
.100
.100
. 50
Catawissa___
50
1st preferred.
50
2d preferred .
50
. 50
Chari. Col. & Augusta
100
Connecticut & Pass.. (.
.100
Connecticut River__
100
.100
.100
Preferred ............. .
100
Har.Ports Mt.Joy&L. (Phila.).. 50
Kan. C’y Ft.S. & Mem. (Be
.100
Preferred................
100
Little Schuylkill.........(Phila.). 50
Maryland Central___ (Balt.). 50
Mine Hill & S. Haven (Phila.).. 50
Nesquehoning Val___
“
50
.100
North Pennsylvania. (Phila,).. 50
Oregon Short Line... (Boston)..100
Pennsylvania & N. W. (Phila.).. 50
-100
Preferred.
100
.100
1st preferred.
100
. 50
Preferred.
50
. 50
West Jersey &Atlan.
“
50
Western Maryland... (Balt.) . 50
Wilm. Col. & Augusta
“
100
Wilmingt’n & Weldon
“
100
Wisconsin Central.. . (Boston) .100
Preferred................
“
100
Worc’st.Nash.&Roch.
“
100
Bid.
9% 9%
8% 9%
102 103 % 103% 104%
7
11% 11% *11% 11%
235 235 *
236
5%
5%
5% 5%
£0
255
95
260
Inactive stocks.
.„
77
16
16
204 204%
195 195
150 150
*11% 12%
*48
71% 72% 72% 73%
60
60% 59% 60%
. . . . . . ___ *10
16
*•50
*•50
2% 2% *2% 2%
*75% 76
75% 75%
36
51% 51%
513s
37% 37% 37% 37%
117 117 *
118
111 112
112% 112%
7% 7%
7% 7%
30% *30% 31
30
6!
65
62
69% 69% 69% 69%
4% 4%
4%
4%
*17% 17% *17% 18
178 178
51% 51% 51% 51%
83% 85%
90% 91%
195% 199%
29% 30
10% VI
295 296
9178 9L%
68
68 ”
54
55
36% 37%
65
65
*23% 24%
51% 51%
*67
Ask.
5%
112 112
15% 15%
205 205
196
150 150%
*11% 12%
84
86% 86%
91
91% 91%
194 196
194
29% 28%
* 29
10%
10% 11
295 295 *290
*91% 93 *
68
68% 68%
54
54% 54
35% 36% 36
67
65
67
*23% 24% *23%
51% 51% 51%
67% 67% 67%
4I4
4%
*0
*2
*2
2%
2%
2
2
Sid ana asked prices; no sale was made.
Inactive Stocks.
Prices of October 19.
Atlanta & Charlotte (Bal
AND B A LTIM O R E STOCK EXC H AN G ES.
Share Prices — not Per Centum Prices.
5% 5% 57ie 5%
Ateh. T. & 8. Fe (Boston) .100
Atlantic & Pac.
“
100
Baltimore & Ohio (Balt.). 100
1st preferred
“
100
112 112
2d preferred
“
100
BaltimoreTrac’n (Phil.).. 25 16
16
16
16%
205 205
Boston & Albany (Boston). 100 205 205
196
Boston & Lowell
“
100 *........ 196
Boston & Maine
“
100 11151 152% 150 150
12
Central of Mass.
“
100 *11% 12% 12
Preferred
“
100
Chio. Bur. & Quin. “
100 73
73% 72% 73
Chic. Mil. & St P. (Phil ).100 61% 61% 60% 61%
Chic. & W. Mich. (Boston) .100 . . . . . . . . . . . . . . . . . . . . . . .
Cleve. & Canton
“
100
Preferred
“
100
*2% 2%
2*« 2%
Fitchburg pref.
“
100 ..... . 76% 76% 76%
Hunt. & Br. Top. (Phila.). 50
Preferred
“
50 *51%
*51%
Lehigh Valley
“
50 37% 37% 37% 37%
Maine Central (Boston). 100 117 117
118 118
Metropolitan 'Pv&o.fPhil).100 114% 114% l t 4 114
Mexican Uent’l (Boston). 100
7% 7%
*7
7%
N.Y.&N.E.,tr,rec.§ “
100 30% 30% 30% 31
Preferied,tr.rec.§ “
100
64
65
Northern Central (Balt.). 50
69%
*4% 4%
Northern Pacific (Phila.) 100
*4%
4%
Preferred
“
100 *18
18% *17
Old Colony.......(Boston). 100
178% 178 178
Pennsylvania... (Phila.). 50 51% 517s 51% 51%
Philadel. & Erie.
“
50
Phila. & Reading.
“
50 Ö fhe 9*ie J f f i e 9 ilr
Philadelph Trac.
“
50 104 104% 104 104%
Summit Branch (Boston). 50
6
Union Pacific__
“
100 *11% 12% 11% 11%
United Cos. of N.J.(Phila.)100 236 236
236
W.N.Y.&Pa.tr.rec “
100
*5% 6
6%
Am.Sug’r Refin.H (Boston)___
Preferred........
“
Bell Telephone..
“
100
Bost. & Montana.
“
25
Butte & Boston..
“
25
Calumet & Hecla
“
25
Canton C o ..........(Balt >.100
Consolidated Gas
“
100
Erie Telephon e. (Bostonj . 100
General Electric.
“
100
Preferred..___
“
100
LamsonStoreSer.
“
50
Lehi’h Ooal&Nav. (Phila.) 5o
N. E. Telephone (Boston). 100
North American (Phil.). 100
West End Land.. (Boston) ...
§ 3d instalment paid.
[ V o l . L lX .
Bonds— Boston.
Sales
of the
Week,
Shares.
Range of sales in 1894,
Lowest
5% 5%
6,5*7
3*8 July
*
*1
1%
•50 Aug.
*69
71
6734 Jan.
*124 126
125 Jan.
*112 115
14 108 Jan.
16
*15% 16
460 1334 Aug.
16
72 198 July
204 204 *203 204
*
4 18278 Jan,
196 ‘ 194 196
172 126 Jan.
150% 150% *150 150
12
*11
5l 10% July
12%
50
50
50
10 46 Jan.
73"* 73 % 73
74
12,296 70i8 Aug.
60
60% 60% 61% 17,315 •543g Jan.
*15
20
10 June
*•50 •00
•45 June
*2% 3
2% 2%
525
2 Feb.
75
75% 74% 74%
260 66% June
*
35%
29% Apr.
51% 51%
*51%
89 47 May
37% 37% 37% 37%
583 36 May
117% 117% *117 118
100 101 Jan.
112% 113
109% 112%
5,100 x96% Jan.
7
7% *7
7%
805 5% Jan.
30% 30% *30% 31
1,118 J3% May
59
60
62
59
125 ^2439 Mar.
*68% 60% *69
69%
25 66 July
4%
4%
4 % 4%
678
319 June
*17% 18
*17% 18%
12% June
177% 177% 177% 177%
59 170% Jan.
51% 51% 51% 51%
1,271 48 Jan.
*
25
2178 Jan.
9% 9&1« 21,560
91-1« 9%
7*8 May
103% 103% 102% 103
5,639 t83% July
6
x4
4% May
*11% 11% * n % 11 78
314
67s July
235 235% 235 235
44 227% Mar.
*5% 5%
*5% 6
200
t7s July
5%
87% 85%
91% 91%
195
198
29
28%
10% *10%
295
294
92 *
68% *
54% 54
36% 33%
65
*65
24% 24
51% 51%
6 7% 67
2%
Friday
Oot. 19.
59] 6
1%
Highest
16% Mar. 29
1 % Mar. 14
81 Apr. g
129 Apr. 19
119 May 12
17% Apr. 9
212 Apr. 30
197 Sept. 7
156 Sept. 18
14% Mar. 10
55 Sept. 6
84% Mar. 21
67% Sept. 6
25% Mar. 13
•50 Jan. 3
3% Sept. 14
81 Feb. 7
37% Sept. 14
52 July H
42% Mar. 13
118 Sept. 20
122 Apr. 12
9% Apr. 3
33% Sept. 26
66 Sept. 24
69% Aug. 22
6 % Mar. 21
23% Mar. 31
180% Sept. 8
52% Apr. 7
28% Feb. 1
11 % Mar. 12
115% Apr. 11
7% Mar. 5
22 % Mar. 31
236 Oct. 11
7 Sept. 24
87% 86%
91% 91%
196
197
29
28%
10% 10%
294% 294
92
91
68% 68%
54
54
35% 33%
68
65
24
24
51% 51%
67
*67
*2
2%
Bid.
Ask.
87% 36,890 75% Jan. 24 1147s Aug. 21
92
810 79 Jan. 3 100 Aug. 21
198%
827' 163 Feb. 26 208% Sept. 28
29
2,760 22 July 21 31% Sept. 20
1,613
10%
7 7s July 23 l l % Sept. 20
294
133 265 June 22 302 Jan. 18
01
70 66 Jan. 18 93 Oct. 9
68%
572 53% Jan. 3 68 Sept. 15
54%
503 42 Feb. 21 56 Oct. 12
35% 12,340 30% Jan. 3 45% Mar. 8
63
82 56 Jan. 4 75 Mar. 8
24
180 12% J an. 2 26 Apr. 7
51%
295 50 May 23 55 Mar. 11
67%
29 49 Feb. 28 68 Aug. 14
540
2% June 27 5% Mar. 19
*2 * 2%
50 i l 78 July 3 12% Mar. 20
+ Old certs.
t E x rights.
Bondsi
Pa. & N. Y. Ca., con. 5s.19.39, A&O
Perkiomen, 1st ser.,5s.l913, Q—J
Phila. & Erie gen. M. 5g.,1920, A&O
Gen. mort., 4 g ..........1920, A&O
Phila & Read, new 4 g., 1958, J&J
1st pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. income, 5 g, 1958,Feb. 1
2d, 7s.................. .....1 9 3 3 , A&O
Consol, mort. 7s........ 1911, J&D
Consol, mort. 6 g ....... 1911, J&D
Improvement])!. 6 g., 1897, A&O
Con.M.,5 g.,stamped,1922,M&N
Terminal 5s, g ........ 1941, Q.—F.
Phil. Read. & N. E. 4s............ 1942
Incomes, series a ................ 1952
Incomes, series B ............... .1952
Phil. Wilm. & Balt., 4s.l917, A&O
Pitts. C. & St. L., 7 s ....1900, F&A
8chuyl.R.E.8ide,lst 5 g.1935, J&D
Steuben.&Ind., 1st m., 5s. 1914, J&J
United N. J., 6 g ........... 1894, A&O
Warren & Frank.,1st,7s,1896,F&A
At.Top.&8.F.100-yr.4g.,1989, J&J
2d2%-4s, g., ClassA.,1989, A&O
Boston United Gas 1st 5s.........
5
2d mort. 5s........................... 1939
51% 52
Burl. & Mo. River E xen pt 6s, J&J
50%
Non-exempt 6s..........1918, J&J
48
50
Plain 4s........................ 1910, J&J
Chio. Burl. & Nor. 1st 5,1926, A&O
128 129
2d mort. 6s.................1918, J&D
240 250
Debenture 6s..............1896, J&D
164
Chic. Burl.&Quinoy4s..l922,F&A
12
14
Iowa Division 4s.......1919, A&O
35
40
Chie.&W.Mich. gen. 5s, 1921, J&D
84
Consol, of Vermont, 5s. 1913, J&J
12
20
Current River, 1st, 5s.,1927, A&O
60
61
Det. Lans. & Nor’n M. 7s.1907, J &J
65
Eastern 1st mort 6 g.1906, M&S. J
I ree,Elk. &M. V.,lst, 6S.1933, A&O
68
Unstamped 1st, 6s___1933, A&O
55
K.C. C.& Spring., 1st, 5g.,1925, A&O
K C. F.S.&M. con. 6s, 1928, M&N
85% 87
K.C. Mem. & Bir., 1st, 5s,1927, M&S
7%
8% K.
C. St. Jo. & C. B., 7s.. 1907, J&J
Bonds.— Baltimore.
40
L. Rock & Ft. S.,1st,7 s ..1905, J&J
Atlanta & Chari., 1st 7s, 1907, J&J
2
2% Louis.,Ev.&St.L.,1st,6g.l926,A&O
Income 6 s ....__ .....1 9 0 0 , A&O
70
72
2m., 5—6 g .................1936, A&O
Baltimore Belt, 1st, 5s. 1990, M&N
60
Mar. H. & Ont., 6s.......1925, A&O
Baltimore & Ohio 4g., 1935, A&O
Mexioan Central, 4 g . . . 1911, J&J
Fitts. & Conn., 5 g ...l9 2 5 , F&A
52% 53
1st eonsol.incomes, 2 g, non-cum.
Staten Island, 2d, 5 g.1926, J&J
82% 83
2d consol, incomes. 3s, non-cum.
Bal.&OhioS.W.,lst,4%g.l990, J&J
55
N. Y. & N.Eng,, 1st, 7s,1905, J&J"
CapeF.&Yad.,Ser.A.,6g.l916, J&D
20
1st mort, ,6s..............19 0 5 , J&J
Series B., 6 g ............... 1916, J&D
2d mort. 6s.......... ....1 9 0 2 , F&A
Series C., 6 g ...„ .........1916, J&D
Ogden. &L.C.,Con.6s...1920,A&O
Cent. Ohio, 4% g ............ 1930, M&S
92
Inc. 6s.................................... 1920
Chari. Col.&Aug. 1st 7s. 1895, J&J
3% 334 Ru tland, 1st,6s............ 1902, M&N >110
Ga. Car. &Nor. 1st 5 g ..l9 2 9 , J&J
25
2d, 5s...........................1898,F&A )101
North. Cent. 6s...............1900, J&J
117 120
6s.................................. 1904, J&J
Bonds.— Philadelphia
M ISCE LL AN EO U S.
Allegheny Val.,7 3-10s, 1896, J&J 105%
Series A, 5 s . . . . . . . ....19 2 6 , J&J
Allouez Min’g, asstpdf-Bosiow/ 25 •35 •50 Atlantic City 1st 5s, g., 1919,M&N 103
4% s............................. 1925, A&O
Atlantic Mining__ _
“
25 10
10% Belvidere Del., 1st, 6 s ..1902, J&D
Piedm.&Cum.,lst, 5 g.1911, F&A
25
Catawissa, M., 7s........ 1900, F&A
Pitts. & Conneils. Ist7 s.l8 9 8 , J&J
50 11% 11% Clearfield & Jeff., 1st, 6s.1927, J&J
Virginia Mid., 1st 6 s...1906, M&S
Boston Land...........
10
4%
5
Connecting, 6s........ 1900-04, M&S
2d Series, 6 s...........1 9 1 1 M&S
Centennial Mining...
10 •85 1-00 Del. & B’d Br’k, 1st, 7s.1905,F&A 127%
3d Series, 6 s . .. . . . ....19 1 6 , M&S
Electric Traction___(PI
50 94
94% Easton & Am. IstM.,5s. 1920, M&N 110
4th Series, 3-4-5s.......1921, M&S
Do
tr. rots, all pd.
45
45% Elmir. & Wilm., 1st, 6s. 1910, J&J.
5th Series, 5 s............. 1926, M&S
Fort Wayne Elect. H..(Bo.
25
2
2% Hunt. &BFd Top,Con.5s.’95,A&O ib"o%
West Va C.&P. 1st, 6 g .1911, J&J
Franklin Mining.......
25 12% 12% Lehigh Nav. 4%s.......... 1914, Q—J 109 110
WePt’LN.C. Consol. 6 g.1914, J&J
Frenchm’n’s Bay L’d.
5
1
2d 6s, gold.................. 1897, J&D 109
1%
Wilm. Col. & Aug., 6s.. 1910, J&D
Illinois Steel..............
100 40
49
General mort. 4%s, g.l924,Q —F 104%
MISCELLAN EOUS.
Kearsarge Mining___
25
7
7% Lehigh Val.Coal lst5s,g.l933,J& J 103% 103% Baltimore—City Hall 6s.1900, Q—J
Morris Canal guafc. 4. (PI
.100 75
Lehigh Valley, 1st 6 s...1898, J&D 11 0 % ....
Funding 6 s ........„ ...1 9 0 0 , Q—J
Preferred guar. 10.
100
2d 7s............................1910, M&S 131 |133
West Maryi'd SB. 6 s..1902, J&J
Osceola Mining......... (Boston). 25 22
23
Consol. 6 ..................... 1923, J&D 124
Water 5 s..............1 9 1 6 , M&N
Pullman Palace Car.
100 161 163 North Penn. 1st, 7 s ....1896, M&N 107%
Funding 5 s . .. . . . . . . . . 1916, M&N
Quincy Mining..........
25 90
93
Gen. M. 7s............. .„..1903, J&J 124
Exchange
3%s....... ..1930, J&J
Tamarack Mining___
25 154 157
gen. 6s, r.,1910, Var 130 131% Virginia (State) 3s, new.1932, J&J
__ 68% 68% Pennsylvania
Consol. 6s, c
........... 1905, Var 118
Chesapeake Gas, 6 s .... .1900, J&D
Water Power............. (
.100
1
1% Consol. 5s, r .................1919, Var
Consol. Gas, 6 s . .. . . . ....19 1 0 , J&D
Wsstingh. Elec. & M..
50 35% 36
Collât. Tr. 4% g ..........1913, J&D 107% . . . .
5 s ..............................„1 9 3 9 , J&J
•Prel'.. cumulative
50 52% 53% Pa. & N. Y. Canal.7s... 1906..T&D 126%127
Equitable ft»«. a<a - 101 s.
‘ Price includes overdue coupons.
t Unlisted.
( And accrued interest.
t Last price this week.
x ex-rights.
Bid. Ask.
101
I ll
116%
100 %
77% 77%
32
32%
22
22%
17% 18
117
130%
119 121
104%
102 % 103
104% 105%
44
10
102%
114%
111
110
103%
102% 104
105% 106
100
107%
72
72
72
103
102%
82%
112
114
112
Ï08
75
75
75
103
84%
112%
120
93
110
115
115
107
110%
116
116
109
lOl^a
105%
110
114
IÖ2“
106
110%
115%
118% 119
102%
72
109
117
105
...... 111
iÖ2%
71%
108%
116
104
683
THE CHEONICLE,
OCTOBER 20, 1894.1
NEW YORK STOCK EXCHANGE PRICES (Continued)-A C T I F S BONDS OCT. 19 AND FOB YEAR 1 8 9 4 .
Closing Range (sales) in 1894.
Closing Range (sales) in 1894.
R a il r o a d a n d M is c e l . B o n d s . Inter’ t Price
Inter't Price
Highest.
Lowest.
Period Oct. 19.
Period Oct. 19.
Lowest.
Highest,
Mo.
Pao.—1st,con.,
6
g
—
1920
m & N
101%
Apr.
98
b.
87
Jan.
114
b.
Q
F
115
July
111
Feb.
Amer. Cotton Oil, del)., 8g.l900
3d, 7s.......................... ...1906| M & N
103 Jan. 112 Apr.
itmTop.&8.F.-100-r .,4g.l989 J & J 66 %
6578Oct. 77% June Pac.
of
Mo.—1st,
ex.,
4
g.1938
99
b.
95
Jan.
100%
May
F
&
A
19%
38%
Mar.
A
&
O
19
Oct.
o/i 3-4s. g., Cl. A. ..........lyby
2d extended 5 s ........... 1938 J & J 106 b. 99 Jan. 108 Oct.
Col.Mi<iland—Cons., 4 g-1940 F & A 2534a. 18% July 32% Mar.
St.L. &Ir. M t.lst ext., 5s.1897 F & A 101 %b. 100% Feb. 10338 May
40 b. 4132 June 5334 Apr.
Atl. & Pao.—Guar., 4 g .— 1937
2d* 7 g ........................ ...1897 M & N 107 b. 102 Jan. 109 Apr.
3 b.
634 Mar.
214 July
w. D. income, 6s............. 1910 J & J
Cairo Ark. & Texas,7 g.1897 J & D 103 a. 97 Mar. 1033s May
.Brooklyn Elev.—1st, 6 g..l9 2 4 A & O 9o a. 90: July 107 Jan.
Gen.R’y & land gr.,5g.l931 A & O 79 b. 71 Jan. 83% Sept.
82 June 9934 Apr.
Union Elevated.—6 g .... 1937 M & N 86
Mobile
& Ohio—New, 6 g. .1927 J & D 118%b. 111% Jan. 118 Oct.
111%
June
J
&
J
111)4
10532
Jan.
Uanada Southern.—1st 5s 1908
General
mortgage, 4s— 1938 M & S 64%
5778 Jan. 66% Aug.
102 Jan. 106 July
2d 5s ............................... ly l o M & S 105
Nash.
Ch.
& St. L.—Ist,7s.l913 J & J 133
125% Jan. 133 Oct.
5132a.
52%
Sept.
32
Jan.
Cent.Ga.-S.&W.lstcon.5s.l929
Consol., 5 g ..................... 1928 A & O 90%
98 Jan. 102 Jan.
Central of N. J .— Cons.,7s. 1899 Q—J 112 b. 11232 Jan. 115% June Nat’l
Starch Mfg.—1st, 6s. 1920 M & N 98%
88 Jan. 98% Oct.
Consol., 7s...............
,592 M & N 12358b. 121 Feb. 124 Apr.
General mortgage, 5 g .. .1987 J & J 117 b. 11032 Jan. 117% Aug. N.Y. Central—Deb. ext. 4s. 1905 M & N 104 b. 101% Jan. 104% Apr.
1st,
coupon,
7
s.................1903
127
b.
123
Jan. 128% June
J
&
J
Q
-M
I
l
l
May
105
Jan.
Leh.&W.B.,con. ,7s, as’d. 1900
Deben., 5s, coup., 1884..1904 M & S 108%b. 106% Sept. 110- Feb.
“
mortgage 5s. 1912 M& N 100 b 100 Feb. 103% Mar.
N.
Y.
&
Harlem,
7s,
reg.1900
117
b.
M
&
N
116%
Jan. 121 . sept.
13432b
113%
Sept.
J
&
J
10832 Jan.
Am. Dock & Imp., 5s— 1921
R.W. & Ogd., consol., 5S.1922 A & O 116 b. 113% Jan. 119 Sept.
Central Pacific.—Gold, 6s.1898 J & J 10434b 102 July 107% Apr.
West
Shore,
guar.,
4s—
2361
1053s
J
&
J
100%
Jan. 105% June
11832b
120%
Aug.
A
<
fe
O
114%
Feb.
-Ches. & Ohio.—Ser. A, 6 g.1908
Y. Chic. & St. L.—4 g . . .1937 A & O 100 %
97% Jan. 102 Sept.
Mortgage, 6 g .................1911 A & O 11732b. 11512 Jan. 11978 Sept. N.
N.
Y.
Elevated—7s...........
1906
lll%
a
.
113 June
J
&
J
108%
July
109
b.
101%
Jan.
M
&
N
110
Sept.
1st consol., 5 g .................1939
127% Jan. 134 June
70% June 7814 Aug. N. Y. Lack. & W —1st, 6s. 1921 J & J
General4%s, g .................1992 M & S 76*%
Construction,
5s..............1923
115%b.
114%
Sept.
F
&
A
94%
110
Feb.
9434
Oct.
84
Jan.
J
&
J
R. & A. Div., lstcon .,4g.l989
783e Jan. 88 Mar. N.Y.L.E. &W —1st, con. ,7g. 1920 M & S 13334b. 131% Jan. 137 Apr.
“
2dcon .,4g.l989 J & J 8778
2d
consol.,
6
g:................1969
86
Mar.
t
72%a.
J
&
D
170
May
9878b.
M&
S
10134
Sept.
96
Jan.
Eliz. Lex. &BigSan.--5g.l902
Long Dock, consol., 6s,g. 1935 A & O 128 %a. 125 Apr. 129 May
Chic. Burl. & Q.—Con., 7s.1903 J & J 12214 119 Jan. 12334 June
Debenture, 5s— ............1913 M & N 10038b. 97 Feb. 102 Apr. N. Y. N. H. &H.—Con. deb. ctfs A & O 13134 131 Oct. 132% Oct.
82% Jan. 88% Aug.
Convertible 5s.................1903 M & S 10232 10132 Jan. 105 Apr. N. Y. Ont. &W.—Ref. 4s,g.l992 M & S 8734
Consol., 1st, 5s, g ............1939 J & D lll% b . 107 Jan. 110% May
Denver Division 4s........ 1922 F & A 92 b. 9038 Feb. 94% Apr. N.Y.Sus.&W.—lstref.,5s
g. 1937 J & J 107%b. 103 July 107% Apri
8532 Jan. 92% Apr.
Nebraska Extension, 4s. 1927 M & N 89
Midland of N. J., 6s, g. ..1910 A .& O
115% Apr. 119 Sept.
Han.& St. J os.-Cons., 6s. 1911 M& S 119 b. I I 534 Jan. 12034 Aug.
74% Apr. 74% Apr.
I III 2 Jan. 118 May Norf.&W.—100-year, 5s, g.1990 J & J
Chic. &E. 111.—1st, s. f.,6 s.1907 J & D
Md.&Wash.Div.—1st,5
g.1941
76% Sept. 81 Apr.
J
&
J
3.2
2
b
.
124
Sept.
11832 Jan.
Consol., 6 g......................1934 A & O
105 % J an. 114% Mar.
97 May 10178 Apr. No. Pacific—1st* coup., 6 g.1921 J & J 113
General consol., 1st, 5s..1937 M & N 10032
General,
2d,
coup.,
6
g..
1933
853s
A
&
O
7138 July 89% Sept.
90
b.
9132 June 10032 Apr.
Chicago & Erie.—1st., 5 g.1982 M & N
General, 3d, coup., 6 g ..l9 3 7 J & D 60 b. 46% July 64% Apr.
26 b. 27% July 35% Apr.
Income, 5s.......................1982 Oct.
Consol,
mortgage,
5
g
...l9
8
9
27%
J
&
D
22% Aug. 34% Mar.
8732b.
J
&
82 Apr. 89% June
Chic. Gas L. & C.—1st, 5 g .. 1937
Col. trust gold notes, 6s. 1898 M& N 74%
80 Sept,
74% Oct.
J 131 b. 126 Feb. 130% Apr.
Chic. Mil. & St. P.—Con. 7s. 1905
Chic.
&
N.
Pac.,
1st,
5
g.1940
40%
A
&
O
140
June 48% Apr.
& J
112 Jan. 117 Oct.
1st, Southwest Div., 6s.. 1909
Seat. L. S. & E., 1st, gu.6.1931 F & A 50 a. t40 Jan. 55 Apr.
& J 11732b. 111% Jan. 117% June
1st, So. Minn. Div., 6 s...1910
25 July 39% Sept.
& J I l l b. 107 Jan. 11132 June No. Pacific & Mont.—6 g ..l9 3 8 M & S 31
1st, Ch. &Pac.W.Div.,5s. 1921
& J 107 b. 10132 Jan. 108% June No. Pacific Ter. Co.—6 g ... 1938 J & J 100 a. 93 July 101% May
Chic. & Mo. Riv. Div., 5s. 1926
Ohio
&
Miss.—Con.
s.
f
.,
7s.1898
110
%
Jan. 112 June
J
&
J
106
& J 10834 104 Jan. 109 May
Wise. & Minn., Div., 5 g.1921
Consol., 7s.......................1898 J & J 110 % 106 Jan. 11178 June
& J 11032 105 July 110% Oct.
Terminal, 5 g ................ ..1914
923s
Ohio
Southern—1st,
6
g
...l9
2
1
J
&
D
Aug. 97 Mar.
88
90i2b.
J
89% Aug. 92% June
Gen. M., 4 g., series A ... 1989
General mortgage, 4 g.. .1921 M & N 47 b 35 July 48% Jam
& D 119 b. 11232 Jan. I I 834 Sept.
Mil. & Nor.—1st, con., 6S.1913
Omaha
&
St.
Louis—4
g
..
.1937
50 Apr.
J
&
J
Oct.
t40
Chic. & N. W.—Consol.,7s.l915 Q - F 14232 138 Jan. 142% Oct.
& D 104%a 92% Jan. 106% Sept.
& D 122 b. 121 July 127 May Oregon Impr. Co.—1st, 6 g.1910
Coupon, gold, 7s..............1902
Consol.,
5
g
.....................1939
65% Sept.
58
%b
&
O
46
Jan.
& O 118 b. 116 Jan. 121 Apr.
Sinking fund, 6s..............1929
& J 109%h 101 June 109% Oct.
Sinking fund, 5s..............1929 A & O 110 b. 10732 May 112 Mar. Ore. R.& Nav.Co.—1st, 6 g.1909
Consol.,
5
g
......................1925
Jan.
76% Oct.
&
D
i
72
a.
60
Sinking fund, deben., 5s. 1933 M & N 111 b. IO634 Jan. 112% Apr.
& J 110 b. 106 Jan. 113% May
25-year debenture, 5 s ...1909 M & N 107 b. 104 Jan. 109 Apr. Penn. Co.—4% g., coupon.1921
Peo.
Dec.
&
Evansv.
-6
g.1920
95 Aug.
Jan.
<
fe
J
74
& A 101 b, 97 Jan. 101% Oct.
Extension, 4s.................. 1926
Evansv. Division, 6 g . . .1920 M & S 93%b. 74 Mar. 94 Aug.
& J 128 b, 123 Jan. 129 Apr.
Chic.R.I.&Pac.—6s., coup.1917
2d
mortgage,
5
g.............1926
M
&
N
28% Apr.
Jan.
19
& J 1015g
9734 Jan. 104 Apr.
Extension and col., 5s... 1934
67% Jan. 80 % Sept.
30-year debenture,5s... 1921 M & S 88i2h 88% Sept 95 Feb. Phila, & Read.—Gen., 4 g. 1958 J & J 77%
1
st
pref.
income,
5
g
.....l9
5
8
32
'¡É
.27
June
39% Mar.
& D 129
119% Jan. 128% Oct.
Chic. St. P. M. & O.—6s.... 1930
2d pref. income, 5 g .......1958
23
18% May 27% Mar.
& J 79 a, 70 Mar. 84 Jan.
Cleveland & Canton.—5 s.. 1917
3d
pref.
income,
5
g
.......1958
2178 Mar.
13%
May
& D 131 b
C. C. C. & I.—Consol., 7 g.1914
& J 122 b 117 Jan. 123 Oct. Pittsburg & Western—4 g. 1917 J & J 80 b. 80% Mar. 88 Apr.
General consol., 6 g .... .1934
118%
June
84%
Apr.
Rich.
&
DahV.—Con.,
6
g
..
1915
118%b.
106%
Jan.
J
&
J
O.C.C.&St.L.—Peo.&E.,4s.l940 A & O 75 b 69 Aug.
Consol, 5 g .......................1936 A & O 88
t65 Jan. t88 Oct.
15 Jan. 20 Apr.
Income, 4s.......... -...........1990 April
100
May
Rich.&W.P.Ter.-Trust,6g.l897
170%
Sept.
F
&
A
Jam
68 % t40
Col. Coal & Iron.—6 g .......1900 F & A 93 b. 95 Jan.
35% Sept.
Con. 1st & col. trust, 5 g.1914 M & S 33% t l 8 Jan.
Col.H.Val.&Tol.—Con.,5 g.1931 M & S 90
8178 May 94 Aug.
71
Apr.
94%
Aug.
Rio
Gr.
Western—1st,
4
g.1939
July
66
%b.
62
J
&
J
& D 93 b. 85% Aug.
General, 6 g..................... 1904
69% Apr.
160 Oct.
Denver & Rio Gr.—1st, 7 g.1900 M & N 115%b. 113 May 115 Aug. St. Jo. & Gr. Island—6 g ..l9 2 5 M& N 60
80%
Oct!
St.
L.
&
San
Fr.—6g.,Cl.B.1906
Jan.
113
Apr
M
&
N
113%b.
101
& J 7934b, 71 July
1st consol., 4 g................ 1936
6 g., Class C..................... 1906 M & N 113%b, 101 Jan. 113 Apr.
Det. Mac. & M.—Ld.grants.19ll A Js O 22 b, 22 Aug. 27 % Apr.
102
Apr.
General
mortgage,
6
g
..
1931
Jan.
98
Apr.
J
95 %a. 82.
& J 97 %b 93 Feb
Dul. So. Sh. & Atl.—5 g .. .1937
53 July 62% Apr.
86% Jan. 107 Oct. St. L. So. West.—1st, 4s, g.1989 M & N 59%
E.Tenn.V. &Ga.—Con., 5g.l956 M & N 10678
20%
Apr.
Aug,
2d, 4s, g., income........... 1989 J & J 17%
14
96 Jam 114% Oct.
Knoxville & Ohio, 6g---- 1925 J & J I I 434
& D 71%b 66 Jan. 79 78 Apr. St.P,. M. &M.—Dak.Ex., 6 g.1910 M & N 119 %b. 115% Jan. 121 Apr.
Ft. W. & Denv. City.—6 g ..l9 2 1
Mar.
122.
93
Oct.
1
st
consol.,
6
g
........
.......
1933
& J 119 b. 115 J an.
90 May
Gal.H.&8anAn.-M.&P.D.lst,5g M & N 93
“
reduced to 4% g..
<fc J 101 b. 97% Jan. 102% June
Gen. Electric, deb. 5s, g ... 1922 J & D 87%b. 68 Jan. 95 Aug.
89%
Apr.
Montana Extension, 4 g.1937
& D 83 %b. 84 Jan.
Hous. & T. Cent.,gen. 4 s,g.1921 A & O 63 b. 60 Jan. 66% Sept.
59% Apr*
& J 55
50% Jan.
100 Feb. 103 Sept. San Ant. & A. P.—lst,4 g. ,gu. ,’43
Illinois Central.—4 g ........1952 A & O
lO
l3«
Apr.
So.
Pacific,
Aria.—6
g..
1909-10
94%
Jam
& J 90 b. 88 July
4s, g ............................ ....19 5 3 M & N 100%b. 95% Feb.
109% Aug. 116 Apr. So. Pacific, Cal.—6 g . „ . 1905-12 A & O 106 %b. 104 July 109% Sept.
Int. & GreatNor.—1st, 6 g.1919 M& N 116
85% May 98 Apr.
1st consol., gold, 5 g .......1938 A & O
2d 4 -5 8 .......................1 9 0 9 M & S 68 %a. 60 June 68% Apr.
94% July 102% Oct.
Iowa Central.—1st, 5 g___1938 J & D 90 b. 86 jan. 95 Apr. So. Pacific, N. M.—6 g .......1911 J & J 102%
85% Apr.
85 Apr. Tenn.C. I. &Ry.—Ten.D.,lst,6 g A & O 77 b. 75 Jan.
73 Oct.
Kings Co. Elev.—1st, 5 g. .1925 J & J
77 Jan.
87 Apr.
Birmingham Div., 6 g ... 1917 J & J 82
89
Laclede Gas.—1st., 5 g:...1 9 19 Q - F
81 Jan. 89 Apr.
88 Aug,
Lake Erie & West.—5 g— 1937 J & J 115 b. 110% Jan. 115% Apr. Texas & Pacific—1st, 5 g ..2000 J & D 873s, 72% Jan.
28% Aug.
March
17%
Jap.
2000
26%
121%
May
2d,
income,
5
g.................
J
&
J
116%
Oct.
119%b.
L. Shore.—Con. cp., 1st, 7s. 1900
Consol, coup., 2d, 7s...... 1903 J & D 124% 122 Jan. 125 % May Tol. Ann Ar. & N. M.—6 g . 1924 M & N 81 h 55 Mar. 81 Oct.
Longlslapd. lstcon .,5 g.l9 3 1 Q -J 118 a. 113 Jan. 118 Oct. Toledo & Ohio Cent.—5 g.1935 J & J 107 b 103% July 108 May
General mortgage, 4 g.. 1938 J & D 96 b. 93% Feb. 99% May Toledo Peo. & West.—4 g.1917 J & J 75 a 68 July 8 4 % Mar
108 Oct. 113% Mar. Tol. St. L. & Kan. C.—6 g .. 1916 J & D t 59 %b. 155% Aug. t64 Apr.
Louis. & Nash. Cons., 7s.1898 A & O
112% Jan. 120 Sept. Union Pacific—6 g ..............1899 J & J 107%b. 103% June I l l Apr.
N.O. & Mobile, 1st, 6 g ..l9 3 0 J & J
90 June 103, Feb.
Ext. sinking fund, 8....... 1899 M & S 95%
J
&
J
97 Jan. 110 Aug.
«
“
2d, 6 g .. 1930
Collateral trust, 4% ....... 1918 M & N t 40 b. 40 May 49 jap .
109% Jan. 117 Oct.
General, 6 g . . . . ...............1930 J & D 116
79
Sept.
Gold
6s,
col.
trust
notes.
1894
82 Jam 92 % Apr.
F
&
A
July
J
de
J
75
71
Unified, 4 g . . . . . . ............1940
Kan. Pac.-Den. Div., 6 g.1899 M & N 106%b. 101 Jan, 109 May
76 Feb. 91% Aug.
Nash.Fl.&Sh.-lst,gtd.,5 g.’37 F & A
M
&
N
72 June 97 Mâr.
85
May
1
st
consol.,
6
g
.
.
.
.........
1919
75%
82
Jan.
82
b
J
&
J
Kentucky Central.—4 g .1987
Oregon Short Line—6 g..l922 F & A 79 %b. 75 Jam 9278 Mar.
Louis. N. A. & Ch.—lst.,6s.l910 J & J 107 b 108 jan. 113% Mar.
40 July 56% Apr.
40
b.
A
&
O
100
Mar.
Or.S.L.&Ut’hN.—Con.5g.1919
83
June
Consol.. 6 g . . . . ................1916 A & O 93%
U.P.Den.&Gulf,con.,5g.l939 J, & D 39 a. 31 % June 48% Apr.
55 July 61 Apr.
Louis. St. L. & Texas.—6 g.1917 F & A
70 May 87% J une
99%
Aug.
U.
S.
Cord.—1st
col.,
6
g
..l9
2
4
J
&
J
71%
93%
Jan.
Manhattan consol. 4s........1990 A & O
70 Jan. 97% Oct.
116 Jan. 121% June Virginia Mid.—Gen.M., 5 s.1936 M & N 97
Metro. Elevated.—1st, 6 g.1908 J & J 121
Jam 107% Apr.
102
1053s
M
&
N
111
Apr,
Wabash—1st,
5
g
................1939
2d, 6 s ..................
1899 M & N 110 b. 107 Jan.
2d mortgage, 5 g............. 1939 F & A 67 b. 66 Aug, 79 Apr.
Mich. Cent.—1st, cons., 7s.1902 M & N 12378 119% May 124% Mar.
Mar, 28% Apr.
21
J
&
J
25
a.
109
Sept.
Debent.
M.,
series
B
.......1939
Consol., 5s....................... 1902 M & N 108 b. 106 Mar.
97 July 103% Oct.
Mil. Lake Sh.&W —1st, 6 g.1921 M & N 130%b. 124 Jan. 130 Apr. West. N. Y. & Pa.—1st, 5 g.1937 J & J 103%
18%
Feb. 126 Aug.
f
24%
A
&
O
1927
110%
July
2d
mortgage....................
Exten. & Imp., 5 g..........1929 F & A 109 %b. 105% Feb.
76 July 83% Mar. West. Un. Tel.—Col. tr., 58.1938 J & J 107%b 103 Jam 109 June
Mo. K. & E.—1st 5s, g., gu.1942 A & O 78%
50%
Aug, 76% Mar.
J
&
J
55
b.
83%
Apr.
Wise.
Cent.
Co.—1st,
5
g..l9
3
7
77% Aug.
M. K. & T exas—1st,4s,g.1990 J & D 81
8 Aug, 18 Feb.
7 b.
Income, 5 g ........... — ..1937
38 June 48% Apr.
2d, 4s, g ........... ................1990 F & A 425g
railroad a n d M is c e l . B o n d s .
Note .—“ b” indicates price bid ; “ a” price ashed; the range is made up from actual sales only.
* Latest price this week,
t Trust receipts,
NEW YORK STOCK EXCHANGE PRICES.—STATE BONDS OCTOBER 19.
SECURITIES.
Bid.
Ask.
Alabama—Class A, 4 to 5 ___ 1906
S Class B, 5s .......................... 1906
HClass C, 4s........................... 1906
Currency funding 4s.......... 1920
Arkansas—6s, fund.Hol.1899-1900
do. Non-Holford
7s, Arkansas Central RR ..
i914
Stamped 4s.’. .......
.......
New eonols. 4s................... 1914
102
104
93
93
2
170
1
110
100
95
104
107
10
...
SECURITIES.
New bonds, j & J ........ 1892-1898
.
Special tax, Class I .....................
Consolidated 4s................... 1910
6s „ . . : ................................. .1919
South Carolina—4%s, 20-40.. 1933
97 11 6s, non-fund......................... 1888
10
Bid.
Ask.
SECURITIES.
Bid.
Ask
6s, new bonds ......1892-8-1900
do
new series.... „ ...1 9 1 4
Compromise, 3-4-5-6S.......... 1912
3
s
.
.
.
.
.
.
.......
...-1913 78% 78%
2% 5
Redemption 4s — ......... ,...1907 90
2% 5
d
o
'
4%s.......
.......1
9 1 3 102
101 102%
Penitentiary 4%s................. 1913 100
123 127
58% 59
Virginia
funded
debt,
2-3S...1991102%
8 i 8%
2 % 6s, deferred t’st rec’ts. stamped
2
684
THE CHRONICLE.
G EN ERAL
QUOTATIONS
OF
STOCKS A N D
V ol. L ix
BONDS.
Qnotetlona in New York represent the per cent value, whatever the par may be; other quotations are frequently made Der sham
for m
mortgage
S■The following
f i S abbreviations
&
f arei often
W used, viz.:
m i .““ ftf.”
M,” for
o r t g a g•e“ gg. ” forg o Id; “ g'd,” for gu a rlu teed?» eu ™ ’’ to r In d o rse d ; “ 00n8..
Sot consolidated ; « eonv.” for convertible ; “ s. f.,” for sinking sund ; “ i. g/,” for land ¿rant.
Quotations in New York are to Thursday; from other cities, to late ™«.n dates.
■: T __________Subscribers w ill confer a favor by giTing notice o f any error discovered In these Q u otation s.
.
.
U n it e d S t a t e s B o n d s .
Bid. Ask.
Ci t y Se c u r i t i e s .
Bid. Ask.
C i t y Se c u r i t i e s .
Ask.
U N IT E D ST A T E S BONDS.
Everett, Mass.—4s, 1924................ §105*s
Park Co., Mont.—6s, 1914
§
2s, option U. S., reg...............Q—M 96
108%
Fall River, Mass.. 5s, 1 8 9 8 ........... §104*4
Paterson,N. J.—7s, 1900 . . . .
‘ § 111
5s, 1904......................... reg ...Q —F 118*4 118% 4**s, 1913....................................... §.
* 5108
68,1901.........
5s, 1904....................... coup...Q —F 119*3 120 Fitchburg, Mass.—6s.’05,W.L.. J&J 6120
4s,
1908.....................
..........
) 100
4s, 1907..........................reg... y —J 114% 114*s
48,1903....................................... §
Petersburg, Va.—6s, iong.V.'” .'J&J 108 103
4a, 1 9 0 7 ........ . . . . . . coup__ Q—J 114% 115 | 4s, 1914..........................................
Philadelphia,
Pa.—6s,1
896....
J&J
6 i, Currency, 1895....... reg__ J&J 101
Flat’nd Co., Mont, 20 yr 6s .. .1914
6s, 1901............
J&J
6s, Currency, 1896........reg__ J&J 104
!Galveston, Tex.—5s, 1920......J&D ' 98
Pittsburg, Pa.—5s, 1913.......J & J
6s, Currency, 1897........reg__ J&J 107
I 5s, 1914-1934........... ..................
7s, 1 9 1 2 ............. . . . . . . . ___Var
6s, Currency, 1898....... reg....J& J 110
Ham. Co., O. (VeniceBge.)Is,1901
4s, 1915.......................
J&D
6s, Currenoy. 1899....... reg
J&J 113
Impt. 4s, 1913.............................
6s, Consol., 1904 r e g ..............J&J
4s, Certs, indebtedness (Cherokee)
Hartford, Conn.—6s, 1897.......J&J
Portland,
Me.—6s,
RR.
Aid,1907M&S
1896
reg.March. 103*s
Towns, 3s, 1909
4s, funded, 1902-1912___ ..J&J
1897
.................. .................. reg.March.
104*3
Haverhill, Mass.—4s, 19 0 2...A&O
4s, 1913............................M & S
1898
.................. .................. . .....reg.M arch. 4s, 1922.................................. A&O
Portland, Ore.—5s, 1923...... ...
.., . . . . ___reg. warch. 106% . . . .
1899
Hoboxen, N. J —Imp,6s, 1898. J&D
Portsmouth, N.H.—6s, ’97,RR. J&J
S T A T E S E C U R IT IE S .
do
5s, 1901........M&N
Providence, R.I.—5s, g.,1900. ..J&J
( Seepreceding page.)
Houston, Tex.—6s, 1918..................
5s, gold, 1906....................J & J
C I T * S E C U R IT IE S .
6s, 1912..........................................
4s, gold, 1924.......... .
Albany, N.Y. 4s,lS20 to ’30.M&N§
....
Compromise 5s, 1918................ .
6s,
gold, 1900, water loan..J & J
Allegheny, Pa.—5s, op., ’95-97-Jar. iö ö "
Indianapolis, Ind., refd. 4s, 1924..
4*ss, 1899...............................j& D
4*38, coup., 1 9 0 0 ...........
Var. 102
Jersey City 5s, 1923.......................
4s,
1 9 1 1......................... .....J & j
II illegheny Co.,5s, cp., 1913.J&J 102
Assessment 5s, gold, 1 9 2 4 .......
4s, gold, 1923..................... .
4s. Court House, 1908, reg.. J&J 102
7s, 1905.......
Var
4s,
gold,
1 9 2 1 ............. ..
Altoona 8. D. Pa.—4s, IS 04-24___ §........ iÖ3
Water 7s, 1904....................... J&J
3*98, gold, 1916..................... M&S
Arlington, Mass., 1924..................
107
Refunding water 5s, 1916..........
Pueblo,
Col.,
6s, 1 9 0 6 ......... J&D
Asbury P’k, N. J.,sch’l 5s. 1910-39. $.......- 108
Water assess.,5s, 1 9 l6 ........ A&O
Quincy, 111.—Refunding 4s, 1911...
Water 5s, 1 9 2 4 .,................. J&D §........ 108
Water 5s, 1923..... .......................
Rahway,
N.
J.—New
adjustm’t, 4s.
Atlanta, Ga.—Water 7s, 1904.. J&J 108
HudsoD County 5s, 1905___ M&8
Water 4s................. .
Augnsta,Me.—6s, 1905, Fund .J&J §118*3 i l 9
Keokuk, la., 5s, 1914.......................
Richmond, Va.—6s, 1904-1910J&J
Augusta, Ga.—6s, 1905......... ..J&J 107*3 112
Lansingburg, N. Y., 8. D., 19 0 0...
8s, 1904-1910..........................J&J
Austin, Tex., 5s, 1930....................
Lansing, Mich., 5s, 1910.............
5s, 1921 & 1922......................J&J
Baltimore—6s, 1900................. Q—J
Lawrence,Mass.—6s, 1900 ...A&O 111*3
48.1920......................................
5s, 1916.......
M&N
Long Isl.CLy.N. Y.—4*38,1912-13
Rochester, N.Y.—'7s, Water,1903..
B*ss, 1928...............................J&J
Improvement 4*ss, 1 8 9 9 ............
4s, 1912..................................F&A
Bangor, Me.—Water,6s, 1905. J&J
Improvement 4*3=’, 1914..............
St. James, Minn.—6s, 1914...........
Bath, Me.—6s, 1902.................. Var
Louisville, Ky.—7s, 1903.......... Var
St. Joseph, Mo.—6s, 19 0 3 .......F&A
5s, 1 8 9 7 ...............................J&J
6s,
1897......................
Var
Comp’mise 4s, 1901............... F&A
48,1921.......
J&J
20*40s, 5s, 1 9 2 0...................M&N
St. Louis, Mo.—6s, gold, 1899........
Bayonne, N. J.—5s, 1895...............
...J&J
4s, 1923........
5s, 1900..........................
5s, 1911.........................................
Lowell 4s. 1920........................ A&O
4s. 1905..................... . . . ___ _
Belfast, Me.—6s,railroad aid,’98..
Registered 3*ss, 1904
4s,
1912 ..
Beverly, Mass., 4s, 1917.................
Lynn, Mass.—6s, 1896....... ..J&J
3-65s, 1907
Billerica, Mass., 4s, 1919...............
....M & >
5s, 1 9 0 5 ..............
4s, 1914...,
Boston, Mass.—Water 6s,1906 .Var $125*3
4s, 1904............................. ;... J&J
St. L. Co.—6 s,1 90 5 ..... .....A & O 116
6s, 1903.........
§119*s
4s, 1914.................. ............. M&S
4s, 1918....
104
Water 5s, gold, 1906.......................... Var§ll5*s 4s, 1903.................................M&S
St.
Paul, Minn.—4*38,1916,
106
Water 4s, 1 9 1 7 ...........
Var §109*s
3*ss, 1916............. ............. ..M&N
4*38,1918...................
§107
§111*3
4s, 1923..................................
Macon Ga.—6s, 1909
5s, 1915..................... .
§112
4s, 1 9 1 3 ....................................... §108*3
Malden, Mass., 4s, 1944
6s, 1904............. . ..............
§114
Water 3*38, 1917............ ....A & O §102
4s, 1 9 2 4 ................................ .
7s,
1898.............................
§109
Ss.................... I......................A&O § 94*3
4s 1922
8s, 1897............................
§108*3
Registered 3*ss, 1919.................J§l02*s
Manchester, N.H .—¿sj 1902 " j& j'.
4*38,1917........... .
§106*3
Registered 3*ss, 1937..........
S103
4s, 1911........ .............................
Salt L. City, 20 yr. 5s, 1914..M&N
Brainerd, Minn.,seh’l dis’t 6s 1904
4s, 1914.......................................
San Antonio, Tex.—6s, 1909-19J&J
Brockton, Mass.—as, 1 9 2 3 ...........
Marblehead, Mass., 4s, 1924........ .
5s, 1920........................................
B’klyn.N.Y.—B’ge?s,1915 24.J&J
Ma
lborough,
Mass.,
4s,
1922........
Saranac
Lake, N.Y.—Water 5s, 1924
Park 6s, 1924........................ J&J
4s, 1924....................................... .
Savannah—F‘d 5s, cons. 1909 .Q—F
Bridge 5s, 1919...................... J&J
MethueD, Mass., 4s, 1924................
Scranton,
Pa., 4*ss, 1909........... .
Bridge 4s, 1926.......................J&J
Middletown, Conn.—3-6 5 ,191 5....
4*38,1919.................................. .
Water 3s. 1905....................... J&J
4s, 1914.................................A&O
Sioux
City,
Iowa—
Public Market 4s, 1920
Minneapolis, Minn.—7s, 1901. J&J $i l 7
School district 4*38, 1894-1904..
Public Maiket 4s, 1921 _
4*ss,
1912-15.................................'§106
8omerville,
Mass., 4s, 1914........... §105
Public Market 4s, 1922.
4*38, 1913...................... ............... §106 *i
Springfield, Mass.—6s. 1905.. A&O §120*s
4s,1897........................ ” .
§100
7s,
1903,
water
loan............. A&O §124
4s 1925
4e, hospital, 1922........ ......J & j §100
Tacoma, Wash., 20 yr. 5s, 1913. .
30th ward’ StVim’p! '5 s,’ 1895-97.I
4s, 1922_____
§100
Toledo,
O.—
/
ous,
RR., 1900.M & N IÏ 3"
30th ward, 8t. imp. 5s, av. 35y’rs
Milwaukee,Wis.—Water7s,’ 02. J&J §.....
6s, 1 8 9 9 ..........
..Var 107*3
31st ward local imp. 5s, 1933___
5s, 1912.........................
108
58,1911............................
........... 110
Buffalo, N.Y.—7s, 1924-5........ J&J
5s, averaging 10 years
100 110
4s,
1913..................
Var.
98*«
Cambridge,Mass.-Water6s,’96. J&J
103*s Water 4s, 1906-7..................J& J 100
General fund 5s, 1911
City 6s, 1904...........................J&J
119 Nashville, Tenn.—5s, 1900
Tonawanda,
N.
Y.—Water
5s,
1914
4s, 1924........................................
107%
Sewer 4*ss, 1923....
Trenton, N. J.—4s. 1911........ .J&J
§Water 3*ss, 1 9 1 1 ................... Var
100
6s, 1896...............................
Waeo, Tex —Gold 5s, 1923.............
Charleston, 8.C.—Conv.7s,’97. A&O
104
6s, 1899...................................
Waterbury,
Conn.. 4s, 19 1 9 ........ .
Conv. 4s, 1909........................J&J
90
6s, 1903...............................
Webster, Mass.—4s, 1923___ . . . . . .
Cheboygan, Mich.—5s, 1914........ §...... 103% Neapoiis, Va., water.6s. 1924..
103*s
Chicago, 111.—7s, 1899..................... 112 % 112*3 Newark—4s, 1 9 0 8 ....................A&O
§114*3 115
7s, 1 8 9 5 ...................................... 101*3 102
4*38, 1918
» §105*3 106
4*bs, 1900....................................... 102 103
5s, 1909...
102
1
§101*3
4s, 1911....................................
100 102
6s, 1 9 1 0 ............................
Var
Yonkers, N.Y.—4s, 1 9 0 0 ................ § ...... 102*3
r 4s, World’s Fair, 1921.......... J&J 100 102
7s, Aqueduct, 1905.............. .Var
4s, 1899............... ......................... §102 107
■Cook Co. 4*38,1900....
Newport, K y„ 5s, 1919
J|
107
. West Chicago 5s, 1899
Slew Bedford,Mass.—6s,1909.A&Ò
129
R A IL R O A D RONDS.
Lincoln Park 7s, 1895.
5s, 1903........................... .
111
I Sanitary Diet. 5s, 1896-1913
>101*4 107*8 5s,1904.................
"I*
112
'
4s, 1914............. .............
104%
3*38, 1910.............................. A&Ó
99
el07 110
Water 4s, 1914.................... .
N. Brunswiok,N.J.—7s,water, 1904
Debenture 6s, gold, 1906.
e 93
95
Cicero, Ills.—Impt. 6s, 1 8 9 5 .....
10l*s 6s,1898..................................V a r
e 87
89
s ' Impt. 6s, 1 8 9 6 ...,..................... .
102 %
6s, 1906........................ ...........
____
Ala.
Midland90
/ Cincinnati, O.—7’30s, 1902 ...J& J 120% 121*3 New London, Conn., 4s, 1924...
106*3
e 87
89
7s, 1908..... .............................Var 129 130 New Orleans, La. Premium 5s
167*3
e 28
32
6s, gold, 1 9 0 6 .....................M&N 118*4 119
6s, 1923,ext. Crossman. J&J
__.. . 92
100%
/
4s, 1905...................................Var 101 101*3 Cons.
4s,
1
9
4
2
.........................
.....J
&
J
100
101*3
4s, 30-50s, sink, fund, 1931. J&J 102 102*s Newton, Mass., 4s, 1924................
i"08*s
2d, consol. 5s.
5s. 30-50s, sink. fund,1930.M&N 109%
Whatcom,Wash.,water 5*3S,g.
101
130
Cleveland, O.—7s, Sept., 1896.M&S 106*s 1Ö7 New
City—7s, 1900................. M&N
120*s
6s, 1900................................ M&8 112 112*3 N.Y.
6s,
1
9
0
0
...............................
M&N
____ „
105%
5s, 1896......................................... 102 % 103
6s, gold, 1901......................... J&J
1st mort., 7s, 19 1 0.............A&O 127 128
5s, 1907.................................J&D 114 115
6s, 1896........................................
104
§*.......
Funded debt 4s, April, 1902. A&O 102*3 103
1908............
'...M&N 117
100
4s, 1904......................................... 103 1041*8 I’ 5s,
5s. gold, 1896........................ M&N
Atoh.T. & ». Fe—new 4s, 1989, J&J
66*4 66*a
Columbus, Ga.—7 s...................Var
3*ss,
1912..........
.....................
104%
19«% 19%
5 s ..............
3*48,1913.......................
. ’ §..... 105*s
Covington. Ky.—4s,1927, new.J&J i 99*3 100 | 3*ss, lb 2 4 ........
Guarantee fund n o te s ......
§ ..... 106-81
98
96*3
5s, 1930...........
F&A [107*4 108
j 3s, school, 1908
A d . & Chari.—ls tp f. 7s, 1897. A&O 100
8s, 1899.........
-..J&J >116 119
1 3 8 ,1 9 0 7 ..............
"À & 0
1st,
7s,
1
9
0
7
............................
119
Cranston, R. I., 4s, g., 1929_____
106
University 1st M. 4s, 1920___
income, 6s, 1900 ................ A&O 103% 104
Pallas, Tex.—5s, St. imp’m’t, 1928. 1 0 Í *3
Norwich, Ot.—5s, 1907............ A&O
Atlantic Ave. RR. (B’lyn)—Gen. 6«,
5s, water, 1920...........................
101*3
Ogden, Utah, 5s, 1913..................
g.,
1909.......................
A&O ......
Penver.Col.—Pub.imp. 4s, 1908... § ......
Omaha, Neb.-School 5s, 1912___
Imp. 5s, g, 1 9 3 4 .................J&J
io o ‘ "
Sewer 4s, 1903-08.............. .
5s, 1912........................
103 103*3
§Xtlantio
City—lst,5s,g.,l919.M&N
Derby Conn., 2o y’rs 4s, 1914.J&J
f s, 1896.....................................
Atlantic & Pae.—1st 4s, 1937.. J&J 41% 42
Detroit,Mich.—6s,W. L., 1906J&D 122*3
5s, 1897............................
W. D. Incomes, 1910.......... A&O
2*3 5
4S, 1 9 2 2 .............................
107
5s, 1898..................................
3
Cent.Div.—Inc.,6s,non-ou., 1922
4s, gold, 1923...............
. . . ” 108
School 5s, lf>12.............
....... .
Land
gr.
incomes,
oum.,
1901..
5
7 P r o kirk, N.Y., Imp. 4s, 1895-1904
Otter Tail, Minn.—5s, 1904.1..
§
105
Balt.Ches. & At. 1st 5s,g.,1934.M&S
( Bast L pool, O., Refund. 5s, 1914.
Pana, Ills.—Water 6s, 1899-1914.. §
I’ 105
Baltimore & on lo—4s, x9 3 5 ... a &o 101
2 Elizabeth, N J.—&cw 4s,1922.J&J 8 6 * 3
Parkersburg. W. Va.—5 b. 1924
P/trker«bnr«r. Br..««. 1919 ..A&O m
f Prieo nominal.
§ Purchaser also pays accrued interest.
e In London.
HSubject to call.
THE CHRONICLE
OCTOBER 20, 1894,]
ß 85
GEN ERAL
QUOTATIONS OP STOCKS A N D BONDS— C o n t in u e d .
For E xplan ation » See Note» at H ead o f First Passe o f Q u otation s.
ratt .r o a d
B o n d s.
Bid. Ask.
R a il r o a d
bo n d s.
Bid. Ask.
R a il r o a d B o n d s.
Bid. Ask.
Clev. Cin. Chic. & St. L.—(Gont.)—
90
G.B.&Q (Ctm.)-tB, plain, 1921 .M&8 87
112
Halt, & 0 .—5s, gold, 1925....... F&A
Peo. & East. cons. 4s, 1 9 4 0 .......
75
76
Nebraska Ext., 4s, 1 9 2 7 ....M&N 88*8 89
8 Consol, goldps, 1988 ........ F&A Í13
Income 4s, 1990.......................
18
Plain, 7s, 1896....................... J&J 101 101*8
1st Term, 4*ai, g. 1934......J & D 104 105
......
115
Clev.
C01.
C.
&
I.—1st
7s,
’99.M&N
Bonds,
5s,
1895..............
J&D
110
*a
BehuylklURlv. Bast Side 5s, 1935
102** Consol, mort., 7s, 1914........ J&D 131
Convert, deb. 5s, 1903-------M&8
sterling, Os, 1895............ ....M&S elOl 104
Gen. con. 6s, 1934........ ......J & J 120
Bnr.&Mo.(Neb.),lst,6s,1918.J&J 115*8 116
Sterling, 6s, g., 1 9 0 2 ...-------M&S el 12 114
Belief. & Ind. M., 7s, 1899.. .J&J
Cons, 6s, non-ex., 1918....J&J 105*8 106
SterUng, 6s, g., 1910........... M&N e l22 124
Clev.
Lor.&W. cons. 5s, 1933.A&O § 99 i o o "
94*s
93*a
4s,
(Neb.),
19
1
0
:..................J&J
110
el08
Sterling, 5s, 1 9 2 7 .................J&D
Neb. RR, 1st, 7s, 1896.......A&O 103% 104 Cleve. & Mah.Val.—G. 5s, 193SJ&J 108
Hterling, 4*as, 1933.........A & O el09 1 1 1
Cle.
&
Pitts.—Con.s.f.,7s,1900M&N 119*8 120
106*s
106
Om.
&
8.
W.,
1st,
8s,
1896.J&D
EamTr.serB;i891 to 1900 -M&N
........
Ott. Osw. & FoxR ., 8s, 1900. J&J (118 118*4 Gen. gu. 4*as, g., “ A,” 1942.J&J
Mon Riv.—1 st gu.g.5s,1919.F& A
Colorado
Mid.—1st, 6s, 1936.. J&D 74
123
76 ’
122
Atok’n
&
Neb.—1st,
7s,1908
M&S
Cen O.-Cons. lft,4% s, 1930 M&S 103
Consol. gold,4s.....................1940 . . . . . . 25%
Repub. Val., 1st, 6s, 1919...J&J >102*8 104
Ak.&Ch.Jun. 1st,g.,5s, 1930.M&N
107
Columbia
&
Gr.—1st,
6s,
1916.
J&J
115%
107*3
Chi.
&
East.
111.—1st
mort.
68.1907
Balt &0.S.W.RR.4HS, 1930..J&J 107*8
2d mort., 6s, 1923............ ...A&O 52*4 55
1 st, con., 6s, gold, 1934 . . . . A&O 121*8
Ry. lstcons. 4*88, g „ 1993...J&J 99
100*8 Col.& C.Mid.—1st,4*ss, 1939..J&J
Gen.con., 1st, 5s, 1 9 3 7.....M&N
1stinc. 5s, g., A ...... ...
204o 49
88
Colum. Hock. V. & T .—Con. 5s,1931
89
Ck.&I. Coal R’y, 1st 5s, 1936.. J&J 99 100
lstinc. 58. g., B ............ -2043 18 . . . . .
92
Gen. 6s gold, 1904...... ......J & D
94
70
Chic. El. (“ Alley” ), 5s, g,1929.A&O 67
Balt * P c t - ls t , 68, g., 1911 -. A&O 122
108
Col.
&Hock.V.—lstM.,7s,’97.
A&O
34
38
Extension
5s,
1933................
J&J
125
123*8
1st, tunnel, 6s, g->,g <V1 9 1 1 .J&J
Col. & Toledo—1st 7s,1905..F&A 117 119
Chic. & Gr. Trunk—1st, 6s., 1900.- 100
Balt. Belt—1st, 5s, 1990........ M&N 105
do
2d mort., 1900.M&S 108
B»eoh Creek—lst.g’ Id, 4s,1936,J&J 103*8 ............ Chic. Mil. & St. Paul—
§117
Ohio&W.Va.,lst,s.f.,7s,19j.OM&N
113%
M.&St.P.lst,
8s,
P.D.,1898.
F&A
113*4
2d guar. 5s, g., 1936... ...... J&J 110
Car trust bonds, 1 9 0 4 .... ...Q —J 85
90
P. D., 2d M., 7 3-10s, 1898..F&A 118
Belvidere Del.—1st,6s,o,1902. J&I)
80
Ohio
Land
&
Ry.
6s,
19
1
4...J&J
125
R.D.,
1st,
$,
gold,
7s,
1902
..J&J
Cons. 4s, 1927.........
...F& A
Col. Sand. & H. 5s, 1944........ F&A
108
I. & M., 1st M., 7s,1897........ J&J 118
g ,ston & Albany—4s, 1913... A&O
Col.Shaw. & H’k.—1st 5s,1940. J&J
105*4 I’a. & Dak., 1st M., 7s, 1899. J&J 118
Boston & Lowell— sb, 1 8 9 6.... J&J
Equipment 6s, g-., 1916. ...A&O
105
Chic. & MU., 1st M.,7s, 1903.J&J 126
5s, 1899................................. -J&J
Col. & Western, 1st, 6s, 1911...J&J Too
131
132
101
Consol., 7s, 1 9 0 5 .............J & J
is, 1905-6-7.......................... J a r Concord
& Montreal—
105
1st
M.,
I.
&
D.
Ext.,
7s,
1908J&J
130*a
41*8, 1903............................. M&N
Consol. 4s, 1920................... J&D §102*4 102*a
112
1st M.,6s, S’tkwest Div.l909J&J 115
B iston & Maine—4*3«, 1944...J&J
B. C. & M. impt. s, 1911...J&J §115 120
101
1st M., 5s. I,a C. & Dav.l919J&J 106% . . . . . .
Improvement 4s, 1 9 0 5 .....F&A
104
80. Minn. 1 st 6s,1 9 1 0 ........J& J 117*8 120 Conn. & Passum.—M.,4s,1943.A&0 §100
Do
4s, 1937 ....F& A
107*8 Hast. &Dak.Ex.lst,7s, 1910.J&J 125 127 Connecticut River 4s. 1943...M&S §102 iÖ3*'
Best. & Providence— is, 1918. J&J
Connecting (PhUa.)—1st, 6s ..M<w
105
do
5s, 1910............J&J 106
Bast.RevereB.&Lynn—6s.’97.J&J
112
Chic. & Pac. Div. 6s, 1910 . . .J&J 117*8 119 Consol.RR.of Vt., 1st, 5s, 1913. J&J § 85% 86
Bway.&7thAv.—lstc.5s,g ,’43J&D
do West. Div., 5s,1921.J&J 110 % ........ Corn.Cow.& Ant. deb. 6s, 1898. M&N 100
Bklyn.City RR,—1st c.5s,1941. J&J
Chic. & Mo. Riv. 5s, 1926___J&J 106*8 109 Dayton & Mich.—Con. 5s, 1911. J&J §lu6 106%
Brooklyn Ble.—let, 6s, 1924.. A&O
Dayt.& West.—lstM .,6s, 1905.J&J « i l l
Mineral Pt. Div., 5s, 1910.. .J&J 106*8
Sdmortg, 5s, 1915----J&J
1st mort., 7s, 1905...............J&J (122*8
Chic. & L. Sup. Div., 5s, 1921J&0
Seaside & B. B. 1st 5s, 1942 .J&J
Wis. &Minn.Div.,5s, 1921...J&J 1075s iÖ 9" Delaware—Mort., 6s,guar.,’95. J&J 125
Onion El.—1st, 6s, 1937---- M&N
Del.
& Bound Br’k—1st, 1905.F&A 127*8
110
Terminal
5s,
g.,
1914
............J&J
Brunsw. & W.—1st,4s, g.,1938.J&J
Del.&Hud.—Pa.Div., 7s,1917.M&8 144
Dubuque Div., 1st, 6s, 1920. J&J 5H7*a 118
Bnflt. Brad.& P.—Gen.M.7s,’96.J&J
Del.
L.
& W.—Mort. 7s, 1907. .M&S 132*8 133
$116
117
Wis.
Val.
Div.,
1st,
6s,
1920.
J&J
Buffalo City RR. 1st cons. 5s........
Warren 2d 7s, 1903............. A&O 115*4
Fargo & South.—6s,ass.l924.J&J 116*8
Buff.N.Y.&Erle—1st, 7s, 1916. J&D
Den.
City
Cable 1st 6s, 1908..J&J
101
Inc.
conv.
8.
F.
5s,
1916........
J&J
Buff.Rook. & Pittsb.—Gen.5s, 1937
Den. & R. G.—1st con. 4s, 1936.J&J
80
Dak. & Gt. So. 5s, 1916........ J&J 105
Rook. &P., 1st, 6s, 1921---- F&A
1st
7s,
gold,
1900.................. M&N 115 118
Gen.
g.
4s,
ser.
A.,
1989...
..J&J
91*8
90*8
Consol., 1st 6s, 1922.. ....J& D
Impr., g., 5s, 1928.................J&D 77*4
Chicago & NorthwesternClearf.& M .lst 5s, g.,gu.,’43,J&J
78
Con. 7s, 1915........................ Q—F Ul^a 142*8 DesM. & F.D.—Guar. 4s,1905.J&J
Boff.& Southwest.—6s, 1908. .J.&J
55
Consol., gold, 7s, cp., 1902..J&D 122*8 122% 1st mort., guar., 2*as, 1905 ..J&J
Buff. & Busque. 1st 5s, g.,1913. A&O
1st
M.,
on
Ext.,guar.
4s,1905J&J
80
118
Sinking
fund,
6s,
1929
.
.
.
.
.
A&O
BarLC. R. * N.—lst,5s,1906..J&D
Des M. North. & west. 4-5S..1932
do
5s, 1929............... A&O 110
Cons.lst &col. tr., 5s,1934..A&O
35
Det.B.
C.
&
A
lp.,1st,6s,1913..J&J
50
do
debent.,
5s,1933.M&N
Iowa C.& W., 1st, 7s, 1909.M&8
25-yrs. deb. 5s, 1909........M & N 107*a 107% Det.G.Haven&Mil.—Equip.6s,1918 e 98 102
C.Rap.I.F.& N.,1st,6s,1920.A&O
e
95
Con.
M.,
guar.
6s,
1918.
....A
&
O
100
95
106
105
30-yrs.
deb.
5s,
1921...........
A&O
do
1st, 5s, 1 9 2 1 ....A&O
Det. L. & North.—1st, 7s,1907. J&J ” 58
60
Exten. bds. 4s, 1926......F& A15 101
Oalifor. Pao.—1st M.,4*as,1912 J&J
Gr.Rap.L.& D., 1st,5s,1927.M&S § ........
Esean.&L.Sup., 1st, 6s, 1901.J&J 114
2 Mor, 6s, g., ’91 ,ext.at4*8%.J&J
Det. Maok.& M.—Ld. gr. 3*ss, S. A.
25
Des M.&Minn’s,1st,7s,1907.F&A
3d M. (guar. C. P.), 6s, 1905. J&J
Dub. & Sioux C. gen. 5s,1938. J&D
Iowa Mid., 1st M., 8s, 1900.A&O 118
do
3s, 1905. J&J
Duluth & IronR.—1st,5s,1937. A&O
Chic. & Mil., 1st M., 7s, ’9 8 ..J&J 112*a
Cambria & Cl. 1st 5s g .,1941. J&J
Duluth S. 8h. & Atl.—5s,1937,J& J
98
Winona&St.Pet.—2d7s,1907M&N 130 132
Uamdan <&Atl.—Cousl. 6s, 1911. J&J
Dul. & Winn. 1st 5s, g. 1929...J&J
85
1st extension, 7 g., 1916.. J&D 6135 138
Canada & Atl. 1st 5s, 1909...... J&J
113
Dunk.A.V.&
P
—lst,7s,g..l900J&D
MU. & Mad., 1st, 6s, 1905....M&S 113*4
Canada So.—1st 5s, guar.,1908,J&J 111
E. T. Y a .& G a —1st,7s, 1900..J&J 115*8 116
2d mort., 5s, 1913......
M&S 105 105*8 Ott. C. F. & St. P., 5s, 1909..M&S 107
Divisional, 5s, 1 9 3 0 ........ .J&J 110
77*a North. Ills., 1st, 5s, 1910....M&8 107
Cape Fear & Yad. Y.—1st 6s, 1916
Consol. 5s, g., 1956......
M&N 106*8 106%
75
Madison Ext., 1st, 7s, 1911. A&O 6133 134
Carolina Cent.—1st, g., 1920... J&J 70
Equip. & imp., g., 5s, 1938..M&S 86
90
Menominee Ext.,1st,7s,1911 J&D 6133 134
Oatawissa—Mort., 7s, 1900....F&A
Cincinnati Ext. —5s., g, 1940F&A 54
Northwest.Un., lst,7s, 1917.M&° 5135 138
Cedar F. & Min.—1st, 7s, 1907. J&J
112
Knoxv.
&
Ohio,1st,
6s,
1925.J&J
Chic. & Tomah.—lst,6s,’05.M&h 5115
Cent, oí Ga.—lst,con s.,7s,’93.J&J
Ala. Cent., 1st, 6s, 1918........ J&J 100
Cedar R. & M. 1st 7s,1916.M&> >134% 135
Collat’l trust 5s, 1937......... M&N
Eastern, Mass.—6s, g.,1906. .M&S §122*4 122%
2d mort., 7s, 1909, guar...J&l $126
Ckat. R. & Col.—5s, g., 1937.M&8
Easton & Amboy—M.,5s,1920M&N 110
51*s
8. C.& Pac., 1st, 6s, 1898.. J&j >103 105
8av.&West., 1st, guar.,1929 M&8
E.Shore Ter.—1st 5s, g., 1915.F&A
90
Frem. Elk.& Mo.V.—6s,1933A&( 125 127
Oent.of N. J.—1st cons. 7s, ’ 99.Q-J
Elizab.Lex.& Big S.—5s, 1902.M&S . . . . . . 100
do
do
Unstamped. $123 125
Í25*’
Convert, mort. 7s, 1902. ...M&N
.
.
.
.
.
Elmira&
W’mspt—1st
6s,1910.J&J
Chio.Peo. &St.L.—lst5s,1928.M&ir
Convert, debent. 6s, 1908..M&N
——
5s, 2862.....................
A&O
Rook Isl.Div.cons.5B,g., 1941. J&D
Gen. mort., 5s, 1987.............. J&J
Erie & Pitts.—Con. M., 7s, ’ 98.J&J 108
Consol., 1st, g., 5s, 1939___M&N
Lek.& Wil.—Con. 7s,g.,1900,ass.Q
Equipment, 7s, 1900........A & O 105
Chio.R.I.& Pac.—6s,1917,ooup J«kj 128
Mortgage 5s, 1912............M&N
Evans. & Ind. 1st 6s, 192 4.... J&J
Chicago & Southw estern.....__ (•109
Am. Dk.& Imp. Co., 5s,1921.J&J
Consol. 6s, 1 9 2 6 ............ .....J & J
Exten. & col. 5s, 1 9 3 4 ........ J&J 101*4 101*8
Central Pac.—1st, 6s, g, 1895.J&J
Evans.& T.H.,lst con.,6s,1921,J&J
110
89
30 yr. deb., 5s, 1921.............M&S
1st, 6s, gold, 1896............ ....J& J
1st gen. g, 5s, 1942............. .A&O
Chic.& St. L.—1st 6s, 1915...M&S
1st, 6s, gold, 1897.................. J&J
Mt.Vernon—1st, 6s, g;,1923A&0 98
104*8 Ohio. St. L. &P.—Con.5s,1932. A&O 112
1st, 6s, gold, 1898............... ..J&J
Sul. Co. Br. 1st, g. 5s, 1930.A& O
100
Col.&Ind. C., 1st M.,7s, 1904.J&J
S .Joaquin, 1st M.,6s, g.1900. A&O
Evans. & Rich.—1st 5 g. 1928. M&S 35
40
do
2d M.7s,1904.M&N
Mórt., gold, 5s, 1939............A&O
Evansv.T.H.&Chi.—1st, 6s, g.1900 105
Un.& Logansp.,lst,7s, 1905.A&O 117
C.& O. Div., ext. 5s, g. 1918.J&J
2d, 6s, gold, 1 9 0 0 ................J&J 100
Chic. St.P.&KanC., Prior. 5s,’34 J&J elOl 104
100
Land g. 5s, g., 1900......... .A&O
Fitchburg—5s, 1899-1903...... Var. 103 104*4
Chic.St.P.Min.&Om.—Con. 6s, 1930 126 128
West. Paeif., 1st, 6s, g., ’99. .J&J
5s, 1908............
M&N 1073s 10753
Gh.8t.P.& Minn. lst,6s,1918M&N 127
Cent, of 8. Car.—1st 6s, 1921. .J&J
6s, 1897................................. A&O 105*4 105*ä
130
127
St.
Paul&S.City,lst6s,1919.A&0
Charles. & Sav. 1st 7s, g., 1936. J&J
4*ss, 1897.........
M&S 100*8 101
Chio.& W.Ind.—S.fd. 6s, 1919 M&N
Oharl’te Col.&A.—Cons.,7s,’95. J&J
4s, 1907.........
A&O 98*3 99
Generalmort., 6s, 1932 ....Q —M H i t '
2d mort., 7s, 1 9 1 0 .... ......A & O
Bost.H.T. & West., deb. 5s, 1913. 101
63
Chi. &W. Mich.—Gen.5s, 1921.J&D 6 55
Consol., gold, 6s, 1933 ......J & J
Flint & P. Marq.—M. 6s, 1920.A&O 112 115*3
ChDC. Ok. & Gulf prior lien, 6s...... 100 105
Ghartiers—1st, 7s, 1901.......... A&O
80
1st, con., gold, 5s, 1939.....M&N
90
Ohes.&Ohio.—Pur.money fd.,6s ’98 108 110*8 Cin. Day. & I.—1st,g.,5s,1941. M&N 100 101
Port Huron Div. 5s, 1 9 3 9 ........ . . . . . . 83
105*a
6105
Cin. Ham. & Day .—Consol. 5sA&.0
Series A, 6s, 1 9 0 8 ...............A&O 118
Fla. C. & Pen.—1st, g., os, 1918.J&J 105
Consol. S. F.,7s, 1905......... A&O 119%
Mortgage 6s, 1 9 1 1 ......___A&O 117
1st 1. g. ext. 5s, g., 1930.......J&J 103
Consol, mort., 6s, 1905....... A&O,,5I I 2 113
O.&O. R y,lst5s, 1939.......M&N 108 110
1st, con 5s. g., 1943............. J&J 95
98
95%
General 4*88, g., 1992..........M&S
76*4 77*8 2d mort., gold, 4*as, 1937... J&J § 95
Ft.
Worth & Denv. C.—1st, 6s, 1921
73
95
Cin. H. & I., 1st M., 7s, 1903.J&J §___
1st Consol. R. & A. 4s. 1989. J&J 94
95*8 Ft.W.& Rio G .lst 5s, g., 1928.. J&J 58
88
C.I.St. L.&C.—1st g. 4s, 1936,Q—F 95
2d do
do
4s, 1989...J&J
Gal.Har.&SanAnt.—1st,6s,g. 1910. 95
98
Con. 6s, 1920................................. '§107
Craig Yal. 1st 5s, g., 1940....J&J 93*8 97
95
2d mort., 7s, 1 9 0 5 ...........J&D
Indianap. C. &L., 7s, 1897..F&A ftl05
Warm Sp. Val.—lst5s,g.,’ 41.M&8
Mex.&P.Div.
1st,
5s,
1931.M&N
91*8
Cin. Laf.&C.—lst,7s,g.l901.M&8 $105
| f 107*8
69
Elevator Co. 4«, 1938..........A&O
65
65
Gal.Hous.& Hen.—lst,5s,1913A&0
70
(kies. O. & 8.W.—M.6s, 1911..F&A 106*8 . . . . . . Cin.Jaok.&Maok.lst 4s,1991..J&D
50
Cin. Leb. & Nor.—1st, 5s, 1916J&J 5IOI 102*s Georgia—6s, 19 1 0 ............... ...J&J
2d mort., 6s, 1911.................F&A
Georgia Pacific—1st, 6s, 1922. J&J 103*8 109
Cheshire—6s, 1896-98 ............. J&J 103*4 106*8 Cin.Rich. &Chie.—1st, 7s, ’ 95.J&J S100*a
Con. 2d mort., 5s. g., 1923...A&O 53
0M.&A1.—8 ;er.M., 6s, g.,1903. J&J
Cin. Rich. & F. W.—lst,7s,1921 J &D §115
Ga.Carol.&No.—lst,5s,g.,1929.J&J
........
Sinking fund, 6s, g., 1903...M&N i l 7 " ........ Cin.&Sp.—7s, C.C.C.& I., 1901. A&O s 112
Ga.So.&Fl.—1st
6s,tr.rec.l927. J&J
Lonis’a&Mo.R.,lst>7s,1900F&A 1153s
7s, guar., L.S.& M.8., 1902..A&O 1 1 1
do
2d, 7s, 1900 M&N 103 . . . . . . City & Sub. (Ball.) 1st 5s,1922. J&D 1083g i*09"" Gr. Rap. &Ind.—1st, i.g., g’d, 7s,g 112
1st M.,7s, l.g., gold,not guar .A&O 112 . . . . .
118
Clearf. & Jeff.—1st, 6s, 1927..-J&J
Mles.Riv.Bridge, 1st.,s.f., 6s, 1912 104
Extended 1st., g-, 4*38,1941.....
OhL&At.Bdge.—Ist6s,g.,191
~
55
Clev. Akron & Col.—
General
5s, 1924............M & tt
33
Okie. Brfrl. & Nor.—5s, 1926
Gen. M., g., 5s, 1927 ........M & S t 99%
102*4 103
Muskegon Div. 5s, 1926...J&J..
80
Equip tr. & 2d M., 10-408...F&A
5 99
99*4
G
B
a
y
W.&St.P.-lst,oon.5s,
g.
1911
62
65*
80
Cleve.& Canton—1 st, 5s. 1917. J&J
95
10
2d Inc., 4s___. . . . . . . . . . . . . . . 1906
15
20
Equipment 5s, 1903, exten.F&A § ,!....
Equipment 5s, 1917............A&O
Jt.
North.—Col.
tst.4s,g.,1902.M&S
89
9 ü*3
122*4 122% Cl. 0. Ch. & St.L. gen. 4s, g , 1993. 93*a 95
¿an. & St. Jo.—Con. 6s,l91l..M & i 118*4
Cairo Div., 4s, 1 0 3 9 .......... J&J
104
93*a Harrisb’g P., & c.,lst., 4s, 1913. J&J 101
St. L. div.lst,col.tr. 4 s,’90.M&N 91
100*8
Hart. & Conn. West.—5s,1903.J&J 1 ....
White W.V.Div. Ist4s, g.,’40. J&J 88*a
107
Housatouic—Cons. 5s, 1937..M&N 119*8 ...... *
C. W. &M. Div.—1st, 4s,g. 1991.J &J
97% 98%
1
L & Texas Cam 1st g. 5s, 1937J&J 105
106
1........
Cinn.
San.
&
Glev.Con.5s,’28.J&J
Denv. Div.,4s, 1922.
.......
J 92
In Frankfort,
Price nominal.
§ Purchaser also pays accrued interest.
e In London.
t In Amsterdam,
686
THE CHRONICLE.
IV ol . L IX
GENERAL
Q U O TA T IO N S OF STO CK S A N D B O N D S.— Coif t if f e d .
F o r E x p la n ation s See Note« at d e a d o f First P a ;e o f Q u otation s.
Bid. Ask
Bid. Ask.
R à il b o a d B o n d s.
Bid Ask,
Louisville & Nashville.—Coni.
N.Y.C.& Hud.Riv.—(Continued.)
Nash.F.&S.lstgd. g 5s,1937.F&A
Gouv.&Osw.lst 58, g. 1942.. .J&D e l!8 123
L’sv.N.A.& Chic.—1st,6s, 1910. J&J
Nor.&Mont. 1st 5s.g.,1916.. A&O
Con. mort. 6s, 1916..............A&O
R. W.&O. Term. 1st 5s,g.,’ 18. M&N 107
General m. g. 5s, 1940........ M&N
Cart.&Adiron 1st 4s,g., 1181. J& D 100
O. & I. Div., 6s gold, 1911...F&A
N. Y. & Put. 1st 4s, g. 1993. A&O 101*4
1024
Equipment 5s, 1 9 1 4 ...................
Mohawk & M.lst, 4s,g.l99l,M&S
Lou. Ry.Co.,lst C.. 5s,g.,1930..J&J
N.Y.Chio.&St.L.—lst,4s,1937.A&0 1003g 1001«
Louis. St. L. &T.—1st 6s,g.l917.F&A
N. Y. & Greenw’d L.—1st M. inc. 6s 19
28
1st cons. 5s, g.. 1942.............M&S
2 i mortgage income, 6 s ............
Louisville Southern 5s........... J&J
N. Y. &Harlem—7s,ooup. ,1900.M<sN 121
Macon & Nor.—1st 4*gs, 1990.M&S
N. Y. Laok.& W.—1st, 6s, 1921.J&J 133*«
Manhat. El., consol. 4s, 1990.A&O
'ud, 5s, guar., 1923.............. F&A 115
Metrop’n E l.—1st, 6s, 1908.. J&J
Term. & impt. 4s, 1923___.M&N
2d 6s. 1899.........................M&N
N.Y.L.E.&W.—1st ex. 7s,’97.M&N 110
N.Y.Elevated.—1st, 7s, 1906. J&J
2d niort. extended,5s,1919.M&S 114
Maine Cent.—Mort. 7s, 1898.. .J&J
3d M. extended, 4*28,1923..M&S 108*«
Exten. bonds, 6s, g., 1900... A&O
4th M., extended, 5s, 1920.. A&O 111
Cons. 7s, 1912........ ............. A&O
5th M., extended, 4s, 1928.J&D 102 103
Cons. 4*28,1912................... A&O
1st cons. M., 7s, g.,1920.....M&S
135
Eur. & N. A.—4s, g., 1983....J&J
1st cons, fundcoup.,7s,1920 M&S 127
Manch. & Aug.—1st, 5s, 1933.J&J
Reorganizat’n 1st lien, 6s, 1908 . 106 110
Mar’ta& N. Ga.—lst,6s,g., 1911.J&J
Long Dock con. g., 6s, 1935 A&O 127 128%
Marq.H.&O.—3s, 1925(M.&W)A&0
New 2d cons.6s, 1 9 6 9 .......... J&D 73
Memph.& Chari.—1st,7s, 1915. J&J
Collateral Tr. 6s, 1922.........M&N 103 iÖ5**
2d mort., 7s, extended, 1915. J&J
Funded counon 5s, 1 9 6 9 ....J&D 67*a
1st consol. 7s, 1915................ J&J
Gold income bonds, 6s, 1977 ___
1st, cons.. Tenn. lien, 7s, 1915 J&J
Chic. & Erie 1st 4-5s g. 1982.M&N "95’ 96
Gold, 6s, 1924........................ J&J
Income 5s, 1982................ .......
30
2d 6s, 1899........................ M&N
65*s
Coal&RR.Co.—1st,68.1922.M&N
103
Met.W.8ide El.lst 5s, g.,1942.F&A
Dock & Impt. 1st,6s, 1913...J&J 105 112
Mex. Cent.—Consol. 4s, 1911.. J&J
56*á N.Y. &L. Br’ch—1st, 5s, 1931. J&D 113
1st oon. inc. 3s, 1 9 3 9 ........ July
12*4 N. Y. N. H. & H .lst r. 4s,1903.J&D 105*4 io T ’
2d con. inc. 3s, 1939............. July
8
Con. deb. certs, all instalm’t pd.. 132 132*8
Mex. Intern. - 1st, 4s, g „ 1942.M&S
N.Y.&North’n —1st g.5s,1927.A&O 114
Mexican Nat.—1st, 6s, 1927..J&D
N.Y.On.& W.—Con.5s,g.,1939. J&D 111*8
2d M.,Ser. A,inc.,6s,1 9 1 7 ...M&S
Refunding, 1st, g., 4s, 1992.M&S 87%
2d M.. Ser. B, inc.,6s,1917..April
N. Y. & N. Eng.—1st, 7s, 1905. J&J 115 ' 115*3:
Mich. Cen.—Consol., 7s, 1902.M&N 123% 124
1st M., 6s, 1 9 0 5....................J&J
111*4
Consol. 5s, 1902....................M&N 108
2d m.,6s, 1902....................... F&A 103 103*4
6s, 1909.................................. M&S 116*3
N. Y. Pa. & O.—Prior lien, 6s, 1895 el03 103
5s, coup., 1931....................... M&S 113
e 14
do
1st 7s. 1905...
15
Mortgage 4s, 19 4 0................J&J 100
e 2
2d mort. inc., 5s, 1910.......
3
J. L. & 8ag.—lstext. 5s......1901
3d mort. inc., 5s, 1915.........
e
*3 1*3
Det. & B. 0., 1st 8s, 1902 ..M&N
Equip. Trust., 5s,1908........ M&N e 97
99
Bridge 8s, 1903
N.Y. Phil. & Nor.—1st, 1923 ..J&J 101*3
75
80
Bat.C.& 8.—1st gu.g.3s.l989.J&D
Income 6s, 1 9 3 3 .................. A&O
81
K.O.St.Jos.& C.B.—M.7s,1907 J&J 5122*4 122*« Midd. Dn. & Wat. Gap—1st,5s,1911
N. Y. Prov.& Boston 4s,1942. A&O §104 105
§105 106
2d 5s. guar. N. Y. 8. & W., 1896. 88
N.Y.S.&W.-lst refnd.,5s,1937.J&J 109
Kan. C.Sub.Belt.Midland of Indiana 5 s . .. . . . . .......
90
2d mort., 4*28,1937......... ...F& A
88*4
'8 5 ” Mil. Lake 8h. & W.—6s, 1921.M&N 130*3 132
Gen. m. 5s, g, 1940.......... F&A 94*3 100
Kan. C. Pitts. & Gulf 1st 5s...A&O
Conv. deb. 5s, 1 9 0 7............F&A 104 107
Term. 1st, g., 5s, 1943........M&N 108*3 111
•Cen. Cent. Ry.—Gold 4s, 1987.J&J 82
Ext. & Imp. s. f. g. 5s, 1929..F&A 109*3 109% Mtdl’d of N. J.—1st,6s, 1910.A&O 115
Mich. Div., 1st, 6s, 1924.......J&J 127 130
Ken. &Ind.B ige.—i st,5s,1911.M&8 87
Wi kesb.& East.lst 5s, 1942.J&D 92
88
9è
Kentucky Un. 1st M., 5S.1928.J&J
Ashland Div., 1st 6s, 1925..M&S 125
Norf.&Soutn.— lstg., 5s,1941.M&N I 06
Incomes, 6s, 1911................M&N
Keokok&Des M.—lst.5s 1923. A&O 96*3 97*s
Newb’g D utch.* Conn.—Inos. 1977
Kings Co. E l.- Sr. A ,5s, 1925.. J &J 70
St. P. E. & Gr. Tr’k, 1st, guar., 6s. 112
Nor. & West—Gen., 6s, 1931.M&N 129
12
2d mort 5s. 1 9 3 8 .............A&O
Mil. & No.—1st, 6s, 1 9 1 0 ....J&D
New River 1st 6s, 1932....... A&O 106 110
120
Fulton El. 1st M. 5s, 1929..M&S
1st, consol. 6s, 1913............. J&D 119
Impr. & Extern, 6s. 1934....F&A «107 109
Lake E.& West.—1st,g.,5s,1937J&J 115 115% Minn. & St. L.—1st, 7s, 1927.. J&D 131*4 135
Adjustment 7s, 1924........ Q.—M. el05 109
103 103*s Iowa Ext. 1st g. 7s 1909___J&D 122*4 124
2d g., 5s, 1941..................... J&J
Equipment, 5s, 1908............J&D t 78
Lake Shore & Mich. So.—
Southwest.Ext.,lst,7s,1910.J&D 155 164
Clinch V. D., 1st 5s, 1957...;M&S e 76
80
76
Buff.&E.,newbds,M.,7s,’98.A&0 109%
Pacific Ext., 1st, 6s, 1921.. A&O 115
Md. & W. Div. 1st 5s, 1941..J&J
Det.Mon.&Tol.,1st,7s,1906.F&A 125
Imp. & Equip. 6s, 1922.......... J&J 128 128*3 Roan. & 80.1 st g.gu.5s,1922. M&8 63
75
Dividend bonds, 7s, 1899... A&O 112
Minn’p. & Pac., 1st, 5s, 1936..J&J
Col.Conn.&Term.lst5s,g.’22.J& J 85
Lake Shore, cons., op., 1st,7s. J&J 119*4 il9 % Minn. S. Ste. M. & Atl.—1st,4s,1926
So. Side, Va., ext. 5-6s.......... I960 102 _M
Consol. 4s, 1 9 3 8 ..............J& J
do oons., op., 2d,7s,1903..J&D 124*3 125
do
2dM .,ext. 5 -6s....l900 102
_
Mahon. Coal RR. 1st,5s,1934.J&J 114
Mo.Kan.&T.—1st, g., 4s,1990.J&D
do
3d M.. 6s, ’96-1900.J&J 105
2d, g. 4s, 1 9 9 0 .................... F&A
Kal.A.& Gr.R.—1st 5s, 1938.J&J 112
Va.& Term., 4th M.,8s, 1900. J&J 114
Lake St. El. (Chic.), 5s, 1928. .J&J 66% 67*3 M.K.& T. of T.,lst 5s,gu.,’42. M&S
do
extended 5s,1900. J&J 102
5
Leav.Top.&S.W.—1st,4s,1912. J&J
Kans. C. & Pac. 1st 4s. g. F&A
69
72
15
100-year mort. 5s, 1 9 9 0 .......J&J
Lenigh Vai.—1st, 6s, 1898___J&D 110*4
Dal. &Waoo lst,gu.,5s,1940.M&N
do
Nos. above 10,000....
Con. M.,sterling, 6 g., 1897... J&D el05 107
S.W.Coal& Impt.lst,6s,l929.J&J
North. Pac. Coast 1st 6s____.M&N 104
90
3d mort., 7s, 1910................ M&S 130*3
Mo.Kan.&E.,lst5s,g., gu.,’42.A&0
78*« North Penn.—1st,7s, 1896....M&N 107*3
Oon. M., 6s, g., 1923 reg.......J&D 122 124
Mo. Pac.—Consol.6s, 1920...M&N
Gen. mort., 7s, 1 9 0 3 ..............J&J 124
99*a
Leh.V.Ry,lst 4*29, g., 1940,rec.gu. ___ 104
3d mortgage, 7s, 1906........ M&N 110
110
Northeast.,8.C.—1st M.,8s,’99,M&S
Leh.Y. Ter.—lst,g.gu.5s.l941.A&0
Trust gold, £s, 1 9 1 7..-........ M&S
108*«
Leh.YL Coal,1st 5s,g.,gu.,1933 .J&Jj 103*8 103*3 Col. trust, 5s, 1920...............F&A
103 105
lAtohf. Car. & West, lstg. 6s,’ lt>J &J § ...... 90
Lexington Div., 5,1920.......F&A
105*3
L. Miami—Renewal 5s, 1912..M&N 111*3
Pac.of M o.,lstex. g.4s,1938.F&A
91
L. Rook & Ft.S.—1st, 7s, 1905..J&J15 82
2d ext. 5s, g., 1938..—.....J & J
104*3
82*4
Little R.& Mem.—lst,5s,1937.M&8 37*3 40
Ver.Val. Ind.& W .lst 5s, ’26. M&S
109 110*3
Long Island—1st M., 7s, 1898.M&N 1125& 114
Ler.&Can.Val.A.L.lst 5s,’26. J&J
110*3 113
8t.L.i.M.&S.—1st ex. 5s, ’ 97.F&A
let consol. 5s, 1931............... Q—J 117 118
112
Gen. M. 4s, 1938....................J&D 96
2d. 7s,g., 1 8 9 7 ...............M&N
111*3
do
series B.
96*3
Ark. Br. 1. gr., M., 7s, g., ’95. J&D
Ferry—1st. 4*ss, g., 1922___M&S 97
116 120
4s, g., 1932.................
J&D 90
Cairo Ark. & T.,1st,7s,g.,’97.J&D
e107 110
95
No.Sh. Br. 1st con.5s,g.,1932.Q—J
Gen. con. r’y & 1. g., 5s,1931A&0
101 102
N.Y.&R’yB’eh, 1st g.5s,1927.M&S
Mobile & Birm.—1st, 5s, 1937. J&J
113
Nor. Pacific2d mort. inc., 1 9 2 7................S 37*s 43
Mobile&O.—ls t,g ’d, 6s, 1927. J&D
85*4 85’g
62%
N.Y.& Man. Beach, lst7 s,’97,J&J 103 los
1st Extension 6s, 1 9 2 7 ...... Q—J
60
N. Y. B. & M. B .,lst oon. 5s, 1935 95*3*103
Gen mort., 4s, 1 9 3 8 ..... ...M&S
Trust receipts... . . . . . . . . . .
Brook. & Mon., 1st 6s, 1911.M&S 110
6t.L.& Cairo—4s, guar., 1931.J&J
27*4
Con. Li. G., g. 5s, 1989........ J&D
40
1st 5s, 1911........................M&S 107*$ 109 Mont. & Euf aula, 1st 6s, 1909. .J&J
Dividend scrip ext. 6s, 1907. J&J 35
2d, 5s, 1938.........................J&D 1061«
Morg’n’sLa.&Tex.,lst,6s,1920J&J
75
75*3
Col. ls tg . notes 6s, 1898...M&N
L. I. City & Flu. 1st 68,1911 .M&N 112
1st mort., 7s, 1918 ...............A&O
Pen D’Oreille Div., 6s, 1919..M&8 99
Lou’v.Ev.& St.Ir—1st,6s, 1926. A&O &101 % 102
Morris & Essex—1st, 7s, 1914 M&N
Mo. Div. 6s, 1919................ M&N 101
E R. & E. Div., 1st, 6s,1921.J&J 5 99 100
Oonv. bonds, 7s, 1 9 0 0 ..........J&J
2dmort.,2-6s, g., 1 9 3 6...,......... § 93
General mort., 7s, 1901.......A&O
75
95
25
Consol. 5s, 1939............
J&J
142*«
461« Consol, mort.,7s, 1915......... J&D
Nashua* Lowell—5s, 1900...F&A
77*s 82
106
109 109*4 Nash. Chat.&S.L.—1st,7s,1913.J&J
77*s
134
2d mort., 6s, 1901......... ......J & J
31
347&
105*4
90
120
Consolidated gold 5s, 1928..A&O
Coeur d’A l.,lst,g., 6s, 1916.M&8
10T
112
do
1st 6s, T. & P. Bch., 1917. ..J&J
do Gen. 1st g., 6s, 1938...A&O
112*3
Cent.Wash’n, 1st g.6s.l938.M&S
1st6s, Mo. M.M.W. & A1.,’ 17.J&J
4Í*3
116
1st 6s, Jasper Branch, 1923 .J&J
40
Ch;&No. Pac. con. 5 g. 1940.A&O
North. P. Ter. Co.—1st, 6s, '33.J&J 97*3 99
§105 105*3 New Haven & Derby—Con.5s, 1918
5124
6s, 1900..................................F&A
N. W. Gr. Trunk 1st, 6s, 1910. .J&J .104
el.17 120 New Haven &N., 1st 7s,1899.. J&J
Norw’h &Wor.—1st M., 6s.’97. .M&S §105 105%
M.&Clarks v.,st’g,Cs, g.,ld02 F&A el07 110
Consol. 6s, 1909.........
A&O
Ogd. & L. Cham.-Cons.és,1920. A&O §101*3 102
110 11158 N. J. Junction, 1st, 4s, 1986..F&A
Income,6s, 1920.......... ..
12*3 15
118*3
N. J. & N.Y.—1st, 6s, 19 1 0...M&N
Ohio I. & W.—1st pfd.5s,l938..Q-J 100
58
New LondonNor.—1st,4s,1910. J&J
Ind. B l.& W.—1st, pf.,7s, 1900.. 110
do
2d., 3s„ 1980.M&S
N. J.Sou.—1st, 6s,1899 int.gu.J&J 103
Nash. & Deo., 1st 7s, 1900...J&J 112
O. &Miss.—Cons., s.f., 7s,1898.J&J 110 111
111
BO. & No. Ala., 8. F. 6s, 1903M&N «113 115
N. O. & Northeast.—Prior 1.6s. 1915 107
Cons, mort., 7s, 1898.......J & J
mN.Y.&
Ten-forty 6s. 1924............... M&N 101 _tm
Can.—£ M., 6s, g., 1904.M&N e l l 8 120
2d consol, mort., 7s, 1911...A&O 110 118
...M
50-year gold, 5s, 1937........ M&N 100 104
N.Y.C.& H.E.—1st ,cp.7s,1903.J&J 127 127*3 lst.Springf. Div., 7s, 1905..M&N 109
103
Unified 4s, g., 1940...............J&J 75
77
Debenture 5s, 18841904...M&S 108
Ohio River RR.—1st, 5s, 1936.J&D
90
Pensa. & Atl.—1st,6s,gu,’21.F&A 97 100
do
5s, 1889 1904...M&S 108
Gen. gold, 5s, 1937..... ........ A&O
Col. tr., gold, 5s, 1931.....M&N 105*3
do
4s, 1890-1905 .. .J&D 103*3
92
¡Ohio Southern—1st 6s, 1921.. .J&D
52
B. & N. Al. s. f. 6s, 1910....A&O 101
Debt, 4s, g., 1905, ext., M&N.
45
104 104*4 Gen. M. 4s, 1921................ .M&N
50
Consol. 5s, 1936............... F&A
Suet ling mort., 6s, g., 1903... J&J |ellS 120 |Ohio Valley—Gen. Mi,f>g.,1936.J&J
Price nominal.
§ Pure laser also pays aoorued interest.
e in London,
y Coupon off. t In Amsterlami
In Frankfort, Germany.
R a il r o a d B o n d s .
Houston & Tex. Cent.—Oont.
Cons. g. 6s, 1912................... A&O 98*s 100
93
Debenture 6s, 1 8 9 7 ........... A&O
64
Gen.g. 4s, 1921....................A&O 63
83
85
Debenture 4s, 18 9 7 .......... ..A&O
.....
Hunt.&Br. Top—1st, 4s, 1920. A&O
Cons. 3d M. 5s, 1895 ........A & O io"0*4
Illinois Cen.—1st,gold,4s,1951. J&J 106
Gold, 3*flS, 1951......................J&J 96*3 200
Col. tr., gold. 4s, 1952........ A&O 100
Gold, 4s, 1953.......................M&N 100*8 l o i
Cairo Bridge—4s, 1950........ J&D Í 97
Springfield Div., 6s, 1898. .J&J 105
Buddie Div. reg. 5s, 1921... F&A 110
Sterling, 8. F., 5s, g., 1903..A&O «105 107
Sterling, gen. M.,6s, g.,1895.A&0 «100 102
Sterling, 5s. 1905.......
J&D ellO 113
OMo.St.&N.O.—T.l’n,7s,’ 97.M&E 111*3
1st con.7s, 1897....................... U l*s
5s, 1951, g o ld .....................J&D 115
Mem. Div., 1st 4s. g., 1951 J&D 100
Ind. Deo.&Sp.—1st,7s,1906...A&O 100
79
Ind. Ills. &Ia.—1st 4s, 1939...J&D 78
Ind’polisA 8t.L.—1st,7s, 1919. Var. 122
Indianap Un.—1st, 4*ss,1926.M&N
Iaa'apoÜs& Vin.—1st, 7s,1908.F&A 120
Sd mort.. 6s, g., guar.,1900.M&N 107
In.&G.N.-lst, 68.1919, cou.off.M&N
115*9
2d, 4*3—5s, 19 j 9................... M&S, 67
681a
20
3d, 4s, g., 1921......... ........M & S
91
Iowa Cent.—1st g., 5s, 1938.. J&D 90
I’ aFalls & 8. C.—lst,7s,1917.A&0 §129*4 129%
95
Jaek.T. & Key W .,lst 6 g.,1917.J&J
102
Jefferson—1st 5s, g. Erie,1909. A&O
117
Jeff. Mad.&Ind.—1st, 7s,1906. A&O
124
3d mort., 7s, 1910.................. J&J
Joliet & No.Ind.—1st, 7s, 1907.J&J
Kanaw. & Mich., 1st 4 g.,1990.A&O
100
Kansas C. Belt, 1st, 6s, 1916..J&J
Kan. O. Clinton & Spr.—1st,5s,1925
67
108
Pleas. Hill & De Soto, 1st, 7s, 1907
K.C.F.So.&Mem.-lBt,6s,1928.M&N
93
K.C.&M.Ry & Br.lst 5 g,1929.A&0
96
Current Biver, 1st, 5s, 1927. A&O
70
K.C.Ft.8cott& G.—1st,7s,1908 J&D
110*9
R a il r o a d B o n d s .
687
THE CHRONICLE
OOTOBEB 20, 1894. J
GEN ERAL
QUOTATIONS OF STOCKS AN D BONDS— C o n t in u e d .
F o r E xplan ation s See Notes at H ea d o f F irst Page o f Q u otation s.
r a il r o a d
B o n d s.
Ask.
R a il r o a d B onds
Bid.
Ask.
R a il r o a d
and
M is o e l . B o n d s .
Bid.
Ask.
Union Pacific—(Continued.)
3t.L.& 8.F.—2d 6s, C1.A.1906.M&N 113k
Old Colony—6s, 1896............. M&8
44
Ore. Short-L. & U. N. C on ..........
107
1st m. Mo. & W. 6s, 1919 ...F& A
32
Coliat. Trust 5s, 1919 ....M&S
95
General mort.. 6s, Ì931____ J&J
4ks! 1897............. .................
79
k
Oregon
8hort-L.,
6s.
1922
..
F&A
8
0k
Coll. trs. s. f. 6s, 1920..........F&A
90
Utah South.—Gen.,7s,1909..J&J 80
82
General mort., 5s, 1931......J & J
B. C? F.&'N. B., 5s, 1910 ..J&J
80
90
do
Ext,1st,78,1909
J&J
1st trust, g., 5s, 1 9 8 7.... ...A&O 67
Omaha & St. L. -1 st, 4s, 1937. -J&J
Utah & Nor.—1st M. 7s,1908.J&J 100
38
30
Con. gu. 4s, g., 1990......... ..A&O
Ores &Cal.—1 st os, 1927........ J&J
.J&J 55
Gold 5s, 1926..............
Kan. C. &8w.,Ìst,6s.g.,19Ì6..J&J
Ore« R’y & N a v —1 s t ds, 1909.J&J 109 109 k
39
U.P.Den.&Gutf
con., 5.g.,1939. J&D
80
FC.8.&
V.B.Bd.,lst,6s,
1910.
A&O
75
0 C o Ä 5 s , 1925..................... J&D
103
U.
&
Bl.
R.—Con.
4s,
g,
1922..J&J
Bt.L.K.&So.W. -1st 6s, 1916M&8
50
Collateral trust ; s, 1919 - -M M
__t
9
112
Utica
Clin.&Bing.l
st
5,1939..
.J&J
Kansas
Mid.—1st,
4s,
1937.
J&D
§134
39
Osw.&Rome—IstMj, 7s. 1915.M&N
Valley of Ohio—1st 7s, 1906... J&D 100 105
8t. Louis Salem & Arkansas—5s.
2d. «. 5s. guar., 1915 . . . . . . . . I &A 108
Con.
6s,
1921..............
.......M&S
St.
L.
W.
&
W.,
6s,
1919.......M&8
t
97^8
Pad Ten. & Ala.—1st 5s, 1920 .J&J
it. L. So. W. 1st, g., 4s, 1989.. .M&N 58k 59k Ver. & Mass.—Guar. 5s, 1903. M&N §106k 1061»
panama—Sterl’g M., 7s. g. ’97.A&0 el03 108
114k
Va. Midl’d.—lstser.,6 8 ,1906.M&S
2d, g „ ino. 4s, 1989 ...............J&J 16%
98
Subsidy b onds, 6s, 191o— MAN e 94
2d series, 6s. 1 9 1 1 . . . . . . . ....M&S 115
at: Li V. & T. H.—1st M., 7s, ’97. J&J 108
penn. RR.—Öen. M, 6s, e, 1910. J&J 132
105
3d
series,
6s,
1
9
1
6
......
M&S
2d
mort.,
7s,
1898...............,M&N
107k
el29
131
Gen. M. b's, £ o, 1 9 1 0 ........ J&J
4th series, 3-4-5s, 1921.........M&S 80
2d, 7s, guar., 1898............ ..M&N 107
Cons. M., 6s,cp.,’ 05.J. 15 & D. 15 118
5th series, 5s, 1926................M&S ...... 102
at. P. & Duluth—1st, 5s, 1931.F&A 110
Cons. M. 6s, £ do
d o ...... e ll9 121
General 5s, 1 9 3 6 ..,............ M&N 97 k 971»
2d mort., 5s, 1917.................A&O 103 107
Consol. 5s, op., 1919........... .M&S 114
Wabash—1st
gold 5s, 1939...M&N 104% 104k.
St
P.Minn.&Man.—1st
7s,1909
J&J
el09
l
l
»
k
110
Cons. 4, g., 1943 . . . . . . . ....M&N
2d gold 5s, 1939....................F&A 67% 70
2d 6s, 1909.......... ...................A&O 117k 119*
Collateral trust, 4ks, 1913.-J&D 107 k
25
Deb.
mort.,
series
B, 1939...J&J 20
122
Dak.
Ext.,
6s.
1910
.........M
&
N
119
el03
107
Eauip. Tr. 4s, series A ......... Q—F
99
Det. &Chic. Ext.,1st,g.,1941.J&J 98
1st consol. 6s, 1933............. J&J 119% 120k
B E.pur.money 1st 4s,1923.M&N
103%
St.L.K.C.&N.
(r.est.&R.),7s.M&8
lo
1
%
101
1st
consol.,reduced
to
4
k
s
..J&J
Penn. Co., 6s, coup., 1907..Q.—J 105
do St. Cha’s Bridge 6s, 1908
Montana Ext,, 1st, 4s, 1937. J&D 83% 84k
Penn. Co. 1st M .,4k s,1921,..J&J 110 111
do No. Mo., 1st, 1 8 9 5 ...J&J 104 k
Pac. Ext., 1st 4s, £, 1940___J&J
Penn.&N.\ Can.—ls t.7 s ,’ 96.J&D
West End El. 58,1902...............M&N §l0 3 k 103%
Minn’s D’n, 1st, 6s, 1922 ....J& J
1st mort., 7s, 1906............ — J&D 126 127
4ks, 1914............................... M&S § 99k 100
Montana Cent.—1st, 6s, 1937J&J 111 114
& RR. consol. 4s, 1939------ ..A&O 93
106k
1st, guar., g , 5s, 1937.......J&J
101k W. Jersey & At. 1st M.,6sl910M<sS
Penn. &N. W.—5s, 1930. . . . . . . J&j
West
Jersey—1st, 6s, 1896.......J&J 103
East’n,Minn.,1st,g.,5s,1908.
A&O
99k
971«
Peo. Dec. & Ev.—1st, 6s, 1920.J&J 94
1st M.,7s, 1899...................... A&O
Willm.&S’x F. 1st,5s,g., 1938. J&D
2d mortgage, 5s, 1926-------- M&N 28
West Shore—Guar. 4s, 2361.. .J&J 105 k 105%
St.P.&N o. Pac.—Gen.6s. 1923. F&A 117
Evansville D iv.,lst 6S.1920.M&8 94
WestVa.C.&Pitts.—lst,6s,191U&J 105 106
a.An.&A.P..lst,g.,gu.,4s,1943.J&J 54k 55
Peo.& Pekin U r. —1st,6s,1921.0—F 1101®
West. Va.&Pitts.—Ist5s,1990. A&O ellO 112
San.&
Col.
Sh.
L
—
lo
t
5s,
1941M&N
2dmort.. 4ks, 1 9 2 1 ..........M&N 67
West. N.Y.&Penn—lst,58,1937J&J 103k
SanF.& N.P.—1st,5s,g.,1919... J&J 87k
Perkiomen—1st ser. 5s, 1918.Q—J 101
2d m., 3s g.—5s so. 1927---- A&O 24k 26
SanduskyMansf.&N.—1st,
7s,1909
116
2d series 5s, 1918............. ..Q .—J
Warren & Frank., 1st,7s,’96 F&A 110 111
Petersburg -Class A, 5s, 1926. J&J 108 109 Sav.Am. &Mon.con,,6,g.,1919.J&J 50k 53
West’n
No. Car—Con. 6s, 1914.J&J 110 111
Class B, 6s, 1926.................A&O 1 1 1 k 112i® iav. FI. & W.—1st, 6s, 1934..A&O 108
W.Penn.—Pitts.Br., 1st 6s,’96.J&J 10 ¿ k
At. & Gulf, con. 7s, 1897 . . . . J&J 104
Phila.& E.-Gen.guar.,6s,g., 20.J&J
Gold
4s,
1928..........................J&D 1 0 1%
107
80. Ga. & Fla.—1st, 7s, 1899.M&N 106
General 5s, 1 9 2 0 ............A&O Ü 6
2d, 7s, 1899....................... M&N 105 k 106k Wheeling* L. Erie—1st,5 s,... 1926 103 k
General 4s, 1920......... - ....... A&O 10014 101
95
Wheel.
Div.,
1st, 5s, 1928---- J&J
8ciot.V.&N.E.-lst,g.,4s,1989.M&N 76
Bunb. & Erie—1st, 7s, 1897.. A&O 106
Extens. and Imp. 5s, 1930..F&A
aeaboard & Roan.—6s, 1916..F&A
Phil. & Read.—2d 5s, g., 1933. A&O 117
Consol.
4s,
1992________....J&
J
96
5s, coup., 1 9 2 6 .................. ..J&J
1st, 6s, 1910............................ J&J 125
Wilm. Col. & Aug., 6s, 1910 ..J&D 115
51
Beat. L.8.& E.—Trust receipts__ ..
131
ConsoLM.,7s,1911, reg.& cp. J &D
Wilm. & Weldon—7s, g., 1896.. J&J 105
Bham. Sun.& Lew.—1st, 5s,’ 12 M&N m
121
Consol, mort., 6s, 19 1 1..---- J&D
5s, 1935................................... J&J 110
Improvement mort.,6s, ’97.A&O
104k 8ham.V.& Potts.—7s, oou. 1901J&J
30
Winona&S.
W.—lst,6s,g.,1928.A&0
80
Sher. Sh. & So.—1st 5s, 1943.. J&D
75
Cons. 5s, 1st series,1922....M&N 102 k
55
Wiscon.
Cent.Co.—lst,5sl937.J&J
Sodus.
Bay
&
S.
1st
5s,
g.,1924.
J&J
Deferred income 6s.......................
Incomes,
non-cum.,
5s,
1937....
98% 99k
New gen. mort., 4s, 1958....J& J 77% 78 So. Cav.&Ga.—lst,g,5s.l919.M &N
Wore.Nash. & R.—4s, 1930....J&J
20
Bo. Cen. (N.Y.)—Consol, mort., 5s.
33
let pref. inc.,5s, gold, 1 9 5 8 ....F
Southern—1st, con. & col. trust 5s " 8*8* 88 k ItU SC E L L A N B O U S BO N D S.
2dpref. inc., 5s, gold, 1958---- F - 2Í%
Amer.BellTeleph’e
—7s, 1898.F&A § l l l k 112
EastTenn.lien4-53,1933..
.....
Sd pref. inc., 5s, gold, 1958— F
17k
114
Am. Cot. Oil—M. g. 8s, 1990..Q -F
92
80. Pac.,Ariz.—1st,6s,1909-10.J&J
Term. 5s, gold, guar., 1941.Q.—F IO514
American
Deb.Co.,
col. tr. 5s, 1903
80
Pac.Cal.-lst,6s,g.,1905-12
A&O
106k
Phil. Read. & N. E.—4s, 1942.......
100
k
Amer. Steamship—6s, 1896...A&O
1st con. g, 5s, 1 9 3 8 ..........A&O 91
Incomes, Class A ...... 1 952......
B. & S.Car Co.—1st, g. 6s, 1942. J&J §102 104
1st cons, g., 5s, guar., 1937.M&N 90 k
Phil.W. & Balt.—Beb.4s, 1917A&0 102ia
B oston * Mon.—7s, 1902-07..M&N $101% 102
Aust.<s;Norw.—lst,5s,g.l941J&J
87
6s, 1900...........
A&O §10914 109k
80
Un. Gas—5s, 1939,tr.rec.J&J 79
5s, 1910.................................. J&D §110 110k So. Pac. Branch—6s. 1 9 3 7 ....A&O 90% 91% Bost.
Ches. &Del.Cah.—1st 5s,1916. J&J 51
80. Pac.. N. M.—1st, 6s, 1911 .J&J 100
Trust certs. 4s, 1 9 2 1 ........... J&J I0214
90
87k
Chic.
Gas
L.
&C.—g.
5s,
1937..J&J
Spok.FalLs
&N.—1st
6s,
g.,1939.
J&J
ifoo”
Pied. & Cumb.—1st, ös, 1911.F&A 98 100
Chic. June. col. g. 5s, 1915....J& J 106 108
State L. & 8ul.—1st 6s, 1899.. .J&J 102
Pine Creek gu. 6s, reg., 1932.. J&D 120
96
Colorado
Coal
&
I—6s,
1900.
.
.F&A
110
105
Stat.
Isl.
R.
Tr.—lst6s,g.,1913.
A&O
Pit.C.C.&St.L.oon.4kB V.1940A&O 104 104k
Col. C. & I.Devel.gu.5s,g.,1909.J&J
98
2d mort. guar. 5s, g., 1926...J&J
Cons. 4*88, series B, 1942...A&O
90
Col.&Hook.C’l&L’n—g.es,1917. J&J
Bunb.Haz.&W-B.—lsf,5s,1928M&N 106
Con. 4ks, series, C, 1942...M&N 103
6
8
Comst’k Tun.—1st in. 4s,i919.M&N
2d mort., 6s, 1938, reg___ M&N 105k
PittSb.C.A bt.L.—1st, 7s. 1900.F&A 110
117
Consol.
Gas,
Balt.—6s,
1910—
J&J
102
Sunb.
&
Lewistown,
3
s,
1896..J&J
Pittsb.Cl.&Tol.—1st, 6s, 1922. A&O 111 114
Consol. 5s, 1 9 3 9 ............. ....J& J 104
Pittsb.&Con’llsv.—lstM.7s,’98.J&J 110 110 k [Susp. B. & Erie Juno. -1st 7s, 1900 § le 8 110
Consolid. Coal—Conv. 6s,1897.J&J[ 103 104
130
Sterling cons. M. 6s, g., guar .J&J el 30 132 Sy r.Bing.&N. Y.—oonsol.7 s,’06 A&O
Consum.Gas.Chic.—1st, g. 5s.li)36 ----Tenn. Midland—1st 5s, 1922. M&N
Pittsb.Ft.W. & C. 1st,7s,1912 Var 140
85
Debard. U.& I.—gu. 6s, 1910 . F&A 80
Ter.RR.A.St.L.lst,g.4k,1939,A&O 101%
2d mort., 7s. 1 9 -2 ......
Var 136
Denv.City Water Co. 5s,g.’ 10.M&N ----Terre H. & Ind.—1st 5s, 1925..J&J 110 113
3dmort., 7s, 1 9 1 2 ............A&O 128
100
Denver
Con.
Gas
ist
6s,
g
.
.
.
1911
§
95
102
100
Ter.H
&
P.—lst,5s,gu.,g.l942.M&S
Pittsb. June. 1st 6a, 1922........ J&J 113
Detr.Gas.—Con,lst,g.5s.l918.F&A ........
Terre H. & Log’pt.—lst,gu., 6s,J&J 107
2d 5s, 1922..................... „ ..J & J 100
Edison Elec. 111. Co.—1st, 5 s... 1910 107 107k
1st and 2d, 6s, 1 9 1 3 ..........J&J 105
Pittsb. & Lake E.—2d,5s,1928 A&O 102
Eq.G’s&F.,Chio—lstg.6s,1905.J&J 95k 98
Texas Cent.—6s, 1923---- ...A&O
Pittsb. MoK.& Y.—1st,6s,1932. J&J 130
General Elec. deb. 5s, 1922...J&D 87k 89
10T
Texas & New Orleans—1st,7s.F&A
2d 6s, 1934............................. J&J 125
Gr’dRiv.Cl.&C.—1stg.6s,’ 19 A&O
Sabine Div., 1st, 6s, 1912...M&S 103
McK. &B. Ver.lst6s,g.,1918.J&J
Hecker-Jones-Je well Mill’g 1st, 6s. lOo 106k
91
Cons. g. 5s, 1943...................F&A
99
Pitts.Pain. &F.—lst,g. ,5s, 1916J&J
Henderson Bridge—6s, 1931. .M&S 109 110
Pitts.8hen.&L. E .lst 58,1940. A&O
86k Tex. & P.—East.D.lst6s,1905.M<fcS 106
Hoboken
L. & Imp. 5s, 1910..M&N
87
1st gold, 5s, 2000 ............J & D
87k
Pittsb. & West.—1st, 4s, 1917. J&J *8Í k 82
2d gold inc., 5s, 2000..........M ch
26k 26k 111. Steel Co.-D eb. 5s. 1910...J&J 84
80
Mortgage 5,1891-1941.......M&N
Indianapolis
Gas 1st 6s,1920.M&N 102 103
118%
Third Avenue 1st 5s, 193 7..... J&J 118k
Pitts. Y. & Ash.—1st,5s, 1927.M&N 102
Tol. A. A.&Cad.—1st,6s,1917.M&S 69
71*s Iron Steamboat Co.—6s, 1901.J&J 61
Ashtabula & Pitts.—1st 6s, 1908. 114
Laclede
Gas,
St.
L.—5s, 1919.. Q—F 88 k 89
rol. A. A.&Gr. T.—1st,6s,1921.J&J 83
Portl’nd&Ogb’g—lst6s,g.,1900J&J §109 112
tiehighC.&Nav.—M.4ks,1914.Q—J 109 110
50
Tol. A. A. & Lake Mich.—1st 6s .. .
PortRoyal*Aug.—1 st,os, ’9 f
RR.
68,1897.........................
Q—F 106 107
74
Tol. A. A.&M.P.—1st,6s,1916. M&S
Ports.Gt. F. &Con.—4ks, 1 9 3 '------ §109k 110
Mort. 6s, 1897.... ......1 5 J&D 109
84k
Potomac VaLlst gu.5s,g.,1941. J &J § 95 102k Tol.A.Ar.&N.M.—lst,6s,1924.M&N 82
Consol,
mort.
7s,
1911........J.&D
132k
1st consol. 5s, g. 1940...........J&J
55
Pres. &Ariz.C.—lstg .6 s,i9 1 "
Gen. mort. 4ks, 1 9 2 4 ....... Q—F 104
Tol. & Ohio Cent.—1st, 5s, gu.1935 107
Prov. & Worees —1st 6s,1897...
§105k 107
Mut.Un.Tel.—Sxg.fd.6s,1911.M&N
1 J8
1st, 5s, g., West. Div., 1935.A&O 101
Raleigh & Gaston—8s, 1898...J&J 110 114
Nat. Linseed Oil beb. 6s, 1904----90
25
15
ToL & O. C. E xt.—1st, 5s, g., 1938.
144
Nat.St’rchMf.Co.-lst,g.6è,’20.M&N
96
98
90
Do do guar............. ...............
118 ........
New Eng. Telephone, 6s, 1908 .A&O §108 k 108k
Marietta Mm., 1st, 6s, g., 1915..
105
New
Orleans
Pac.—Land
grants...
30
Tol.Peoria& W.—1st, 4s, 1917 - -..J &J - y r
88
80
82
Tol. St.L.&K.C.,lst,6s,1916 ... J&D 59 k 59% N. Y. & E. Riv. Gas 1st 5s, 1944J&J 80
94
96
Northw’n Telegraph—7s,1904.J&J 108
Ulster & Del. con., 5,1928___J&D 102 k
Wash. O. & W 1st gu.4s,’24.F&A 71
Oregon Imp. Co.—1st 6S, 1910. J&D 103
. .. . .. United Co’s N.J—Gen.6s,1901.M&8 112 k 114
5a k
Consol. 5s, 1 9 3 9...- . . . . . . . -A&O 57
do
gen. g. 4s, 1944..M&S 108% 109
Penn. Canal—6s, 1910. . . . ...J& J 58k
do
gen. 48,1923
F&A 105
Penn.
Steel—1st
5s,
1917.....M
&N
.
.
..dogen. 4s, 1929.....M &S
106 k 108
63
69
People’sG.&C.Ch.-lst,6, g.’04.M&N . . . V .
sterling 6s, 1901.........
M&S
32
33k
2d
do
1904................J&D 103
66
66 k Union Pacific—1st, 6s, g, ’ 96. .J&J 105 k
90
1st con. 6s, g., 1943.............A&O
106
1st,
6s,
1897..............
J&J
83
88
Peoria Water Co. 6s, g., 1919.M&N
1st, 6s, 1898.................
J&J 107
Rio Gr. South.—1st, 5s, 194
98
Pleas.
Val.
Coallst6sg.l940.M
&N
108
1st,
6s,
1899....................
.....J
&
J
§,95
96k
Roch. 8t. Ry.—1st 5s, 1930.
Proctor & Gamble 1st 6s, 1940.... 112
116 116% Otn. Bridge, steri. 8s, g., ’ 96. A&O eiÖ8 112
Rome W.&o.—Con.,ex. 5 s,’2Í
St.L.B’dge&Tun.—lst7s,1928. A&O el28 131
83
§110 k 110 % Collateraltrust, 6s, 1908 ....J& J
Sunday Creek Coal—1st, g., 6s ....
Collateral trust, 5s ,1907....J&D 60
§101 10 1k
Tenn.C.I.&R.—T.dv.lst6s,’ 17A&0 77k ‘ •82
40
Collateral
trust
4
k
s
,1918.
.M&N
60
St.Jo. & Gr. Isl’d—1st,guar.ès,1925
60k
82
Bir. div. 1st con. 6s, 1917....J&J 80
90
Gold 6s col. t’st notes, 1894.F&A 86
......
72
U. S. Cordage 1st cal. 6s,1924..J&J 7L
96
95
Ext.
s.
f.,
g.,
8s,
1
8
9
9
..,.....M&S
40
30
112k
U.S.L’thCo. s.f.deb.6sg.l915.M&N 111k
90
Equipment Trust 5s.......... ..A&O
82k
W’n
Un.—Deb.7s,
1875-1900.M&N
111
104
k
Kans.Pac.,
1st,
6s,
1
8
9
5
....F&A
106
Deben. 7s, 1884-1900..........M&N 111
do 1st M., 6s, 1896.......J&D 105k 106
110 ........
Coliat. trust cur. 5s, 1938... .J&J 107 108
do Den. Ext., 6s,1899.M&N 106 106 k
Ch St n.& Pad.,lst,g., 5s, 1917. 100
70
77 Wh.L.E.&P.Coallstg.5s,1919. J&J 63
do 1st oons. M.,6s,1919 M&N 75
83
Bt. L South., 1st, 4s, Ì931..M&!
S
T O O K S - R A I L R O A D . Par.
Oen.Br.U.P—A.&P.P.6s,’95 M&N
85
do 2d, income 5s, 1931 ..M&Í
8%
Ala. Gt. South.—A., 6s, pref.,.£10 e 8k
100
......
Fund, coupon7s, 1895 ...M&N
2k
B, com m on ..... . . . . . . . . . . . . - - £ 1 0 e 2
Atch.Col. &P.,lst,6s,1905Q—F 35 •40
......
%
Ala. N. O. & Pac., &o„ A, pref.£10 e
k
40
At.J.Co.& W.,lst,6s,1905.Q,—F
Ȥ 90k 91k
do
do
B.
aef
£10
e
45
Lin. & C.. 1st. g.,5s’ 1 8 .,...A & 0 Vo"
102
Merch. Buge. 6s, 1929...... F& a.|$101
J
Price nomina
chaser also pays accrued interest, e In London, | Coupan o f,
t
Price per share, t In Amsterdam
}In Frankfor ■
688
THE CHRONICLE,
LVol .
Lix.
G EN ERAL
QUOTATIONS OF STJOKS AN D BONDS— C o n t in u e d .
F o r E xplan ation s See Notes at H ead o f F irst Page o f Q u otation s.
B
ix LlROAD
St o c k s .
Bid. Ask.
Ala. & Vicksburg...... . . . . . . . . . . . .
Alb. & Sus.,gu.,7..100 165 175
5% 5%
Atcb. Top. & S. Fe.100
Atl. & Char.Air L..100 90% 92%
Atlanta & W. P .... 100 91*3 92
1
Atlantic & Pao....lOO
1%
Aug.&Sav.,leased,100
Baltimore & Ohio. .100 68% 70
do 1 st pref.,6..100 127 131
do 2d, pref.......100 112 115
15%
Baltimore Trac.. . . . . . .
B. & o . 8. W. n y ...l0 0
6
9
do
p r e f....
93%
Beech Creek, guar. 50 92
Bellev’e &S.Ili.,pf.lOO 135
Boston & Albany..l00 204 205
Boston & Lowell.. 100 195 196
Boston & Maine... 100 149»« 150
Bos. & Maine pref. 100 150 150%
Bos.&N.Y.A.-L.,pf.lOO 100%
Boston & Prov...... 100 258 260
75
Bos. B. Beach & L.100 74
13
Brooklyn Elev’t’d. 100 11
Bklyn. Traction... 100 14
15%
do
Pref.. 100 64
66
Bnff. Roch.A P......100
20
do
Pref.. 100 . . . . . . 60
58
60
Buffalo St. B y ............
B. O. B .& North.. 100 49%
Camden ScAtlantic.50 8 10
do
do Pf.50
......
Canada Southern. 100 51% 52%
Ca radian Pacific. -100 65
65%
5
Catawissa............5 0 8 4
do
1 st pf..50 s 51% 52
do
2d p r e f..50 s £0%
4
Cedar F. Sc Minn... 100
e
Cent, of Oeorgia...lOO 17
19
1 1 % 12
Central Mass.......... 100
do
pref. 100 49% 50
Cent, of N.J ............ 100 108 109
Central Ohio............. 50 s 48
50
do
P re f...50 s 53
Central P acific.... 100 14% 15%
Char. Col. Sc A u g..100 28
Ches.& O h io ...... ........
18% 18%
Chicago Sc A lton.. 100 142 145
Ohio. Bur. & Quin. 100 73% 73%
Ohio.& East. 111... 100
do
pref. 100
Chic. G. W., 4 p. c. Deb
5 per cent pref. A ...
Chit,. Mil. & St. P.100 60% 60%
do
pref,. 100 119 119%
Chic. & Northw’n.100 104 104%
do pref., 7.100 . . . . . . ____
Chic. & Nor. P a c..100
% 1%
Chic. B. I. Sc Pao..lOO 60
60%
C.Bt.P.M.&O.,coml00 35
36
do
pref. 100 112 114
Ohio. A West Mich. 100 16
18
Chcc. Ok. & &ulf...... .
din. Ham. Sc Day.100 160
Cin. Jack. & Mack__
3%
5
Cinc.N.O.& T.Pao.100 25
35
Cin. Sand. Sc C.pf . 50 8 54% 56
devel. Ah. Sc Col. 100 1 19 . . . . . .
Oleve. Cant. & So.. 100
•50
2% 2 %
do
pref. 100
Oiev. C. C. & St. L.100 38% 39%
do
pref.100 -------- . . . . . .
Cl. & Pitt.,guar., 7. 50 153
Col. H. Val. Sc Tol.100 17% 18
Pref..........................
63
OoL& Xen.,gu., 8"%.50 182 1 8 5 ''
Con. &Mont. -C1.1100 xL47 147%
Class IV. (Con !.)10C xl€5% 166
Oon.&Ports.,gu.,7 100 165 175
Conn. & Passum p. 100 128% 129
Connecticut Biv arlOO 239% 240
Cons, of Vt., pr< f . 100 28
32
Day. & Mich., g i 50 75
80
do pf.,gu.,8.50 174 176
Del. Sc Bound Bi 'klOO 164
Delaware & Hue’ ..100 131% 134
Del. Lack. & We it. 50 165 167
Deny. Sc Bio Gr., ..100 10 % 1 1
do
pref.100 32% 33
Des M. & Ft. D’g \100
6
7%
do
prel .100 30
Det. Hills. & S. W 100 90
92
Det. Lan. * North 100 •20 •25
do
pref LOO
5
7
Duluth, 8. S& Atl 100
3% 4%
do
pref. 100 10% 12%
E. Tenn. Va. AGa.100 i 10% 11%
do 1st pref.100 t 17
20
do 2d pref.. 100 | 12
14
East Pennsylvania.50 s 53%
Eastern in N. H ...100 79% 80
Elect. Trs o., Phil.. .50 94% 94%
do receipts, $30 p’d
Elmira & A’msp’t..50
50
do Pref....... 50
Eyaneville & T. H ..50 45
50
Fitchburg..............100
13% 14%
do P ref....100 75% 76
Flint & Pere Marq. 100
5% 14
do
pref.. 100
45
Fla. Cen, & p , V. T. Cer...................
do 1st pref.cum. 100
do 2dpif.non-cum. 100 1 42%
Ga._Pac. tr. reo..,100
7%
Ga. BB. & B’kg Co.100
Gr. Bapids & ind .100
5%
Grpmd Biver Val........ 104 . . ....
Gt. North. By. pref.. 101 103
Gr. B. W. & St. P ... 100
3% 4
Hartf’d&Gt. West.100
9% 25
Hons. & Tex.Cent. IOC
Hunting. & Br.Top.50
36
do
Pref.50 s 51% 52
B a il r o a d
st o c k s.
Illinois Central... 100
do leasedl.,4p.e.l00
tow» Central. ... 100
do
pref... 100
Kan. Sc Mich..............
K. C. Sub. Belt... 100
Kan.C.Ft.S.&Mem.lOO
Kan.C.Ft.S.& G.pf.100
Kan.C.Mem.* Bir.100
Kan.C.Cl’n& Sp’d.100
Keokuk % Des M .. 100
do
pref.. 100
Keokuk <ScWest’n..lOO
Kings Co. Elevated...
take Erie & W ....100
do
Pref.100
L. Sh. Sc Mich. So.. 100
Lehigh Valley........ 50
Little Miami........... 50
Little Sohu’k’l........ 50
Long Island.............50
Long IslandTrao.. 100
bon. Evans.* St. L.100
do
Pref.100
Louisv. & Nashv.,100
do
pref.100
Louis. St. L.& Tex.100
Louisville South’n.100
Mahoning Coal BB.50
do
P ref..50
Maine Central....IOC
Man. & Law’c e .... 100
Manhattan, con... 100
Massawippi..........100
Mexican Central.. 100
MexioanNat., T.K.100
Michigan C ent.... 100
Mine Hill Sc S. H....50
Minn.* St.L, t. rec.100
Pref., trust rec.. 100
Min.St.P.* S.S.M. .100
do
p ref.... 100
Mo. Kan. & T ...............
do
pref... 100
Missouri Pacific. .. 100
Mobile &Ohio.......100
Morris &E’x, gu.,7.50
Nash.Chat. & St. L.100
Nashua Sc Lowell.. 100
Nausratnck______ 100
N’sqïïehoning Vall’y50
New H’n & North..100
New London Nor.. 100
N.Y.Cent.* H.Biv.100
N.Y.Ch.&St.L.newlOO
do
1 st pref.100
do
2d pref.100
N. Y. Sc Harlem ....5 0
N.Y.Lack.*West...lOO
Bid. Ask.
M is c e l . St o c k s .
Bid.
Ask.
91% 92% St. Jos.& G’d Tsl’d.100
5
St.Louis Alt. &T. H. 100 31
34
7%
8
do
Pref.100 170
28% 30% St.Louis Southern. 100 96
8 »* 9% St. L. & So’ west... 100
4
5%
24
do
Pref.100
8% 9
15
15% St. L. Van. & T. H.100
64% 65 ' St. Paul & Duluth. 100 21
26
83
St. P.Minn. Sc Man.100 110 112
5
«171%
13
41
5% South. Cal. pref....100
8
10
16% 17
Southern Pac. Co.. 100 19% 20
69% 70% Southem(when issu’d) 12 % 12 %
135 136
41% 42%
do pref.
do
* 37% 37% S’west., Ga., g’d, 7.100 72
73
15
170 173
s 65
5%
86
88 Sunb’ry Sc Lewist’n.50 s 65
12 % 12 % Terre H. & Ind’nap.50 75
90
Texas Central...........
do
pref.
53% 54
Texas & Pacific. 7.100 10% 10 %
7
22
Tol. & Ohio Cent’1.100 48
53
25
do
Pref... 100 72%
1%
4"
6
2
6% Tol.St.L.& K.City..lOO
101
9
do
pref.. 100
6
106
Ulster &Delaware.lOO
117 118
U. N.J.BB *C. Co.100
236
233 236
Union Pacific.. . . .100 1 1 % 1 1 %
108% 109% Un. Pac. Den. <fc G. 100
4
119 121
Utica ScBlack B iv.l 00
7%
7% V 6.& Mass., l’sed, 6.100 142% 143
Wabash B B ...... ..100
6% 6%
99
do
pref.. 100 14% 14%
99%
8 68
150
18
West End (Bost.)..,50 s 53
19
53%
32
do. pref. (Bos.) 50 8 82% 83
35
iVest Jersey ___ . .„ 5 0
8 20
13
13% Vestern Maryland. 50
15
fil£
22
23
125q
2ft
12
28
40%
18% 20
do
pref.100
43*9
160 162
Vil. Columbia & A.100 107
69
95
3%
210 220
«9, .la
118 lY 9
s 55
Worcester Trac., pref,. 80
85
a 92
COAL & M IN IN G
194
STOCKS, N .Y .
99% ICO American Coal......2 5
90
14% 15
Col. C. &I. Devel.. 1O0
7
8
65
70
24
27% 30
do
P ref..100
Col. & Hock.O. & 1.100
6% 7%
115 116
32%
Consol. Coalof Md.100 31
13%
N.Y. & N.E. 4th pd.100 30% 30%
do Pf. $25 pd ....l00 60
65
N.Y.N H.&Hartf.lOO 182 184
N.Y. Ont. & West.. 100 16
16%
N. Y. Pa. & O . ...............
To
pref .........
%
%
N. Y. Phil. & Norf.100
N.Y.Susq.* West’nlOO 14% 15%
do
Pref.100 42% 43%
Norf. & Sou......... 100
64
67
Norf.& West,, com.100
71« g
do
pref.100 (22% 23
No. Pennsylvania..50 s 85
87
Noith & West Branch.
Northern Central.. .50 « 69
6 i%
Northeastern.......... 50 8 45
48
Northern N. H...... 100 153 153%
North’n Pac., oom.100
4
4%
do
Pref.100 17% 18
Norw.& Woroester.100 174 174%
Ogd. & L. Champ. 100
2
4
Ooio Southern.......100
15
18
Old Colony............100 177% 178
Oreg. B’y & Nay.. 100 20
22
Or. S. L. & Utah N.100
7
9
Pennsylvania BK. .50 s 51% 51%
Penn. & Northwest. 50 s 40
Peoria Deo. & E v .'100
3% 4
Peo. & Eastern.... 100
3%
6
Petersburg........... IOC 99 103
Phila. & E rie.......... 50 8_____
Phil. Germ. & N or..50 8........ 135
Phila. & Bead......... 50
18% 18%
Phila. & Trenton.. 100
Phila. Wilm.& Balt.50 63
64
Pitts. Cin.C.&St.L. 100 i 17% 18
do
pref.100 48% 59
Pitts. & ConnelTe..50 s 5
PittS.Ft.W.* C.,guar. 7 153
Pitts. Junot....II.. 50
32*$
Pitts.M.K.&Yough 50 125 129
Pitts.Va. Sc Charles.50 8 45
47
Pitts. & Western...50 8 5
do
Pref..5C
26
27
Pitts.Youngs.&Ash,5C 8 45
do
p r e f.... 50 8 60
Port. Saco <StPorts. 100 129% 130
Maryl d Coal, pref.100
Minnesota Iron.... 100
New Central Coal .100
Ontario Sil. Min’g.100
45
Tenn.Coal&IronColOO
17%
7
7
1%
E L E C T R IC .
C om m on...........100
Con. Eleo. Storage......
Edison 111. Co. of N.Y.
H
“ “ Bklyn.
“
“ Boston....
Ft. Wayne Elee.0o..25
Gen. Electric Co... 100
do
pref.100
Int. Conduit <ScIns.100
Edis’n Phon.ToyMf .Co.
North Amer. Phon. Co.
50 o.
102
108
120
s 2%
36
65
20
do
do Ser.D ... 8 4
Thom.-H. Internat. 100
do
pref.. 100
Thom. Welding Co.100
do Europ. W.Co.100
U. 8. Illuminât.Co.100 40
GAS STOCKS.
Balt. Consol. Gas .100
Brooklyn............ ...2 5
8 52%
68
8 11%
111 "
Fulton Munioip.100 150
Metropolitan. . . . 100 145
170
75
175
Gharlest'n,S.C. ,Gas.25
Chartiers Valley.. 100 s 9
Ohio. Gas tr. rec... 100 75%
202%
45
Hartford, Ct., G. L..25 25
lflQ
M is o b i ,. St o c k s .
Standard Gas.nf.100
Portland, Me.. G. L.50
8t. Louis, Laclede. 100
do
pref.100
San Francisco Gas ...
N .Y . Sc B K ’ K L Y N
H O R S E R .R S.
Local Securities in
Bid. Ask.
82
8 19% 19%
18
72
72
33
19
74
72k
40
T E L K liilA P H
Amer. Tel.& Cable. 100 89
Cent. Sc So. Am. Cable 10 1% if)4”
Commer’l Cable Co 100 130 ’
Franklin....... . . . . 1 0 0
35
40
Gold Sc S tock ..... 100 104% 106%
190 200
Northwest, guar__ 50 104
Paoiflo Sc Atlantic__
56
54
60
85
Western U n ion ....Î 06 83% 87
Am erioanBell.. ..100 193% 194
Erie...................
100 54%
41
75c. 1*00
N.Y.& New Jersey.100 97% 99%
New England...¡.1 0 0
67% 67%
Tropical....___.....1 0
T R U S T CO’ S
210 225
Brooklyn Trust ...100 335 400
1010 loan
Continental .......1 0 0 157% 162%
690 715
Franklin. ................ 100 237% 242%
Gamilton .................100 188 192
90
240 250
Knickerbocker ....1 0 0 179% 130%
210 225
12ft
Mercantile.. . . . .,...100 325 350
Metropolitan,... ..100 287 292
140
N Y Life <fe Trust 100 R7ft 695
240
Peoples’ , Brookly nlO 0 230 240
Beal Estate L.&’T. 100 160 165
200 210
Title Guaran. & Trust- 173 176
Union................... 100 650 700
830 840
U. S. Mortgage Co. . . . 162% 163%
190
MISCELLANEOUS
147 149
51
Am. Bank Note Co..50 ~48
50
Am. Cotton O il.... 100 30% 31
50
do
pref.100 75
9
76%
7% Amerioan Exprès. 100 1 1 1 115
32%
3
86% 86%
91% 91%
15
American T ob.C o..50 97% 98
18
105 107
Am. Type Found’rs, pf 30
35
5
Barney Sc Smith Car..
25
1-00 Boston Land............10 8 4% 4%
1-00
102%
4%
1 Î0 1 Brookline (Mass.)L’d5 8 4
Brunswick Co.....1 0 0
121
1% 3
92
2 % Canton Co. (Balt.).100 90
36% C. J. B’y’s U. St’k Yds 89% 90
99% 100
do Pref..........1 0 0
Olaflin Co............... 100 100 105
35
dolst pref. non-e. 100 95 100
50c.
do2d pref.non-o. 100 95 100
5
Con. Kan. C.S. Sc B.,25
4% Diamond Match Co .. 138
9
Dist. & C. Feed. Co.100
9%
East Boscon Land..... 8 5% 5%
Frenchman’s Bay Ld. 8 1 % 2
Hecker-J.-J. Milling, pf 94
96
Henderson Brldge.TÔO 88
90
*3ft%
6
9
53
2% 4
Keeley M otor..... 50
68% Lamsön Store Ser. .50 8 23% 24
8 51% 51%
12
2
6~
Manfi’tt’n B’ch Co.100
113
s 2
2%
60
Metropol. Tract'n.. 100 112%
155
7% 10%
Mex. Nat. Const, pref.
16% 19%
56%
75
do
pf.,gu.l0.100
r
nnmm*
22%
5o,
Mt. Des. &E.8.Land.5.
10
39
38%
75% National Lead Co.......
86% 87
203
18% 20%
60
9%
Nat. Starch M. Co.100
6%
35
40
132
190
Prov. &Worcester.lOO 248 250
Bens. Sc Saratoga.. 100 180
158
59
62
Bich. F. & P., oom.100 114% 118
40
37
N. Y. Loan Sc ImpFt...
People’s Gas Light.. 170
102
4%
Bieh.&W.P.Ter .tr.rec. 17% *17% Nashville Gas.............
Gregon Im provè..l00 14% 16%
18
do Pref.tr.rec. 10c 22
23
N. Orleans Gas L.100 116 116% Pacific Mail 88. Go. IOC 16
10ft
ir-tl
Bio Grande West..IOC
do
Pref.. 100
P. Lorlllard Oo.pf..lOO 118 129
Consolidated. . . . 10Ö 12 L 122
EoChester St. B y........
30
Procter & G. Co.. . .IOC 139
30%
Equitable.......... 100 170 175
116% luftig
138
147 150
iButland.......7 1 ..1 0 0
2
Pullm’n Palace GarlOO 160 163
2% 1Î. Y. & East E ly ....
19
20
I
Do pref., 7...100 71% 72
San Diego L a n d ,,...... s 4 • 5
do
pref..
34
33
* Price nominal. § Purchaser also pays accrued interest, a Quotations dollars ner share, e In London, t In Amsterdam, j ,4th asst, paid-
THE CHRONICLE,
October 30, 1894.]
GEtfiiRA.L
QUOTATION'S
OF
S l’OOKS AN D
689
BONDS — C o n c l u d e d .
F o r E x p la n a tio n see Notes at Head, o f F irst Page o f Q u otation s.
Bid.
Ask.
Mànueact’ g Stocks- Bid.
Pooasset (F. R .)„ .100
glLouls B’dge,1st pref «104 106
Rich. Bord’n (F.R.)10C
50
2d pref. cert.. . . . 100 e 47
Robeson (F. Riv.)1000
8t. Louis Tun. RR.100 e!04 K 6
Sagamore (F.Riv.).lOO
55
Bt. Louis Transfer Oo. 45
Salmon Falls (N. H. )300
Bouth’u CottonOil.lOO
shove (Fall Riv.). .100
Tex.&Pao. L’dTr.lOO
111« Ï2%i SInila (Fall Rlv/) ion
IT. S. Cordage.----- 100
50 "
do 6p.e. guar.100
Stark Miils (N.H.)lOOO
22
20
do pref..........100
50
Tecumseh (F. R.). .100
U. S.Express.... .100 45
9i* 9% Thorndike(Mass.)1000
D* 8. Leather.......
591« 60 Tremont &S. (Mass) 100
do pref— ; ...
U. 8. Rubber C o... 100 381« 40% Union C. Mf. (F.R.)IOO
Wampanoag (F.R.)IOO
95
93
do pref........... 100
Washingt’n (new)..100
Wells Fargo E xp.. 100 115 121
2% Weetamoe (F. R.) .100
2
West End Land (Boat.)
Villim’tie Linen Co.25
6
West’nUnionBeef Co.
4
York Co. (M e.)... .750
m in i n g s t o c k s ^
B A N K STOCKS.
(N. Y. & SAN. FRAN.'
B a lt im o r e .
•20
Adams Cons..... .....
Bank of Baltimore.100
•02
American Flag.......... .
Bank
of Commerce. 15
•15
Alice....................... .
Citizens’ . . . ........... „1 0
Astoria..............
Com. & Farmers’ . .100
Barcelona...................
Farmers’ B’k of Md.30
Belle Isle............. 100
Farmers’ & Merch ..40
•13
Belmont.......... .
Farmers’&Planters’ 25
1-20
Best&Beloher.....
First
Nat. of Balt. .100
1-00
Bodie...;. . . . . . . .100
•10 •15 Gorman American. 100
Breece.........................
Howard...............
.„ .1
•10
Bulwer........ ......... 100
Marine................. „3 0
•10
Caledonia B. H ....1 0 0
„1 0
Mechanics’
.
.
.
.
.
.
.
•60
Chollar............ ....1 0 0
.IOO
•35
Chrysolite.. . . . . . . . . . 50
National
Exch’
fire.
100
•05
Comstock Tunnel st’k.
„2 0
4*50
Consol. Cal. & Ya.......
Second
National.
.100
•70
Crown Point..........100
Third National... .100
•50
Deadwood terra....
U n io n ..... . . . . . . . „7 5
Denver City Con...
Western. . . . . . . . . . „ 2 0
Donkin....................
O o s to n ,§
El Christo.......... .
Atlantio............ 100
•10
En’kaCon.............. 100
Atlas........
. . . . . 100
•10
Father De 8met.. . . 100
Blackstone........... 100
Gould&Curry s.30.100
•7Ô
Boston
National.
.100
•80
Bale & Noreross.-lOO
Boylston......... . 100
HornSilver.................. 2 -40
100
Iron Silver.............20
•10
Bunker Hill......... .100
Iron B i l l . . . . . . . . .. . . . .
•03
100
Kings.APembr’ke Iron
100
City..........
05
Lacrosse...................10
Columbian. . . . . . . 100
Leadville Consol. ...1 0
•10
100
•14
Little Chief..............50
Commercial____ .100
Mexican.......... „1 0 0
1*15
Commonwealth... .100
•15
Mono............. .
Moulton..................
•15 •20 Continental........ .100
E a g le ......... . . . . 100
fiavajo........ .........100
E liott. . . . . . . . ___ 100
North Belle Isle..........
E v e r e t t ........... 100
Ophir.......................10 5-00
Oriental & Miller........
•08 Exchange........... .100
Phoenix of Arlz.... . . . . .
•ii
•14 Faneuil H a ll. . . . . 100
First National.. . . 100
Plymouth.............. .
*10
First Ward......... 100
Robinson Consol.. . . 50
vaifrv
Fourth National.. .100
•60
100
Sierra Nevada.......100
*90
Globe.................. 100
Standard........ ....1 0 0
1-15
Hamilton.......... 100
Union Consol.. . . . . 100
•70
Hide & Leather.. .100
Utah...........................
Howard___. . . . . . 100
YellowJacket............
•80
100
Lincoln........ .
HANU F A C T ’ IN G.
Am.Linen (F.Riv)..100
99 Manufacturers’ .. .100
Amory (N.H.).......100 132 135
Market................. 100
Amoskeag (N.H.) 1000 1745 1750 Market (Brighton). 100
Androscog’n (Me.).lOO 135 140 Massachusetts . . . .100
Appleton (Mass.).lOOo 525 550 Mechanics’ : ......... .100
Merchants’ . . . . . . . .100
Atlantio (Mass.)... 100 70% 71
Bamaby (Fall Rlv.)...
108 Metropolitan....... 100
Barnard Mfg. (F.R.)..
84
87% Monument........... 100
Bates (Me.)............100 125% 126 Mt. V ern o n ....... 100
Boott Cot. (Mass.) 1000 1100 1150 New England. . . . . 100
North........ ........ 100
BorderCity Mfg. (F.R
1 >H' 130
BostonCo.fMass.)1
,)1000 1075 1085 North America... .100
Boston Belting... .100 175 176 Old B o s to n ..... . . 100
100
Boat. Duck (Mass.;)700 960 1000 People’ s.........
Chace (Fall River). 100 102
- . ... Redemption. . . . . . .100
Chicopee (Mass.). 100 99% 100 R ep u b lic............ 100
Revere.................. 100
Cocheco (N.H.)... .500 322% 325
Collins Co. (Conn. )100 100
Rockland........... 100
Second
National.. 100
36
Continental (Me.). 100 34
100
Crystal Spr. Bl. (F R.)
Davol Mills (F.R.) 100 88
Shawmut............. 100
Dwight (Mass.)... 500 780 800 Shoe & Leather.. 100
Edwards (M e.)... .100 126 130 South End........... 100
Everett (Mass.)...New 97% 98
State..................... 100
Suffolk.................. 100
Flint Mills (F.R.) 100 103
Franklin (Me.)... .100 114% 114% Third National. . . 100
Sl’beY.Mills (F.R ,)100 100 102% Traders’ ........ .... 100
Granite(F.R.)...... ,100 110
Tremont. . . . . . . . . 100
GreatFalls (N.H.), 1 0 0 120% 122 U n io n ................ 100
Hamilton (Mass.)'
W ashington....... 100
)1000 955 960
Hartf. Carpet (Ct,,)100 55
Webster.... . . . . . . 100
Hill (Me.)„ „ „ „ . . 100 58
60 W inthrop........... 100
Holyoke W.Power..100 175
B r o o k ly n .
100
Jackson (N. H .)..l1000 875 885
KingPhilip (F.R.). 100 io ò
100
Laconia (Me.).......,400 600 602%
100
50
Lancast’r M. (N.H.))400 380 4ÖÖ "
I/rel Lake Mills (F
96 100
pm
Lawrence (Mass.). ,100 125 125%
100
Lowell (Mass.)___,690 580 590
First National... 100
Lowell Bleachery. 100 100 102
„4 0
100
LowellMaoh-Shop. 500 $40 560
Lyman M. (Mass.). 100 70
100
70%
100
Manohester(N.H.) 100 1041$ 104%
Mass. Cotton........ 100 97
97% Manufacturers. . . 30
..50
Mechanics’ (F. R.) 100
85
Merchants’ (F.R.) 1Ô0
100 HO
100
Merrimack(Mass) 1000
000 i l 45 1150
100
Middlesex (Mass.) 1
100 118 122
.5 0
Nashua (N. H .) .„ .500 510 515
waumkeag (Mads..)100 101*3 102
100
Newmarket..____ .500 250 275
100
Osborn Mills(F.R ,)ioo
Pacific (Mass.). 1000 Î3S5 ifio.V
Pepperell (Me.)
500 1250 is ó ò Wallabout........... . 100
* Prices nominal,
g
price per ah re—not per cent
110
103
116
237
105
Ask.
B a n k St o c k s .
112%
104
70
117%
242
107%
C h ic a g o .
American Exch. Nat..
Atlas National..........
Chicago Nat......... 100
CommereialNat... 100
Continental Nat... 100
Com Exchange...... .
Drovers’ National...
First National...... 100
Fort Dearborn Nat..
Globe National........
Hide and Leather. 100
Ills. Tr. & Sav.............
International. . . . . . . . .
Lincoln National......
Merchants’ Nat...100
Metropolitan Nat. 100
Nat. Bk. of Amer..l00
Nat.B’k of R ep ...100
National Livestock..
Northwestern Nat.100
8tate Bank.............
Union National.. .100
C in c in n a t i.
Atlas National__ 100
Citizens’ National.100
Commercial Bank..50
Equitable Nat.......100
Fifth National ....1 0 0
First National....100
Fourth National.. 100
German National.100
Market National.. 100
Merchants’ Nat’1.,100
National Laf ayettelOO
Ohio Valley Nat’1.100
Second National. .100
Third National... . 100
Western German.. 100
N e w O rlea n s.
American Nat.......100
Bank of Commerce. 10
Canal & Banking.. 100
Citizens’ ................100
Co-operative . . . ...2 5
GermaniaNation’1.100
Hibernia National, lo o
Louisiana Nat.......100
Metropolitan........ 100
Mutual National.. 100
New Orleans Nat.. 100
People’s ................. 50
State National ....1 0 0
Traders’ .................100
Union National... 100
Whitney National. 100
N ew Y o r k .
America................. 100
American Exoh’gelOO
Bowery.................. 100
Broadway............... 25
Butchers’ &Drovers’25
Central National.. 100
Chase National___100
Gnatham................25
Chemical___......1 0 0
City.........................100
Citizen’s ..................25
Columbia............ „1 0 0
Commerce............. 100
Continental..........100
Corn Exchange ...100
Deposit...................
East River............... 25
Eleventh Ward.......25
Fifth Avenue........100
Fifth National.....100
First National.......100
First Nat. of Staten Id.
Fourteenth Street. 100
Fourth National „1 0 0
Gallatin National „ 5 0
Garfield.................. 100
German Amerioan..75
German ExchangelOO
Germania.......... ..100
Greenwich............... 25
Hanover.................100
Hide & Leather ... 100
Hudson River.......100
Importers’ & T r.„1 0 0
Irving......................50
Leather Maniifts.. 100
Liberty........ .........100
Lincoln............... ..100
Manhattan.......... ..50
Market & Fulton.. 100
Mechanics’ ...............25
Mechanics’ & T r „ „ 2 5
Mercantile.............lOo
Merohants’ ....... ... 50
Merchants’ Exch’e.50
Metropolitan........ 100
Metropolis__ .....1 0 0
Mount Morris .....1 0 0
Murray Hill . .......5 0
Nassau___. . . . .. . . . . 5 0
New York.........1 0 0
New York County. 100
N. Y.N at.Exch’nge 100
Ninth National___100
Nineteenth Ward.100
North America.......70
Oriental............... ..25
Pacific.. . . . . . . . . . . . . 5 0
Park. . . . . . . . . . . 100
People’s .... . . . . . . . . . ¿5
Phenix.......... .........20
Produce ExchangelOO
R epublic.............. 100
Seaboard............... 100
Second National... 100
Seventh National 100
110
945
950
102%
1250 1300
119% 120
168
105
100
53
55
22
30
810 820
145% 147
17
20%
124
45
58
45%
124
10% 11
38
17%
149 150
128
17
18
195
89
82
38
122% 123
116% 117
100 ' 100%
104 104%
123 125
170
200 202
127 127%
80
82
102% 102%
114% 115
80
83
128% 129
110 115
81
81
128 130
83
83%
124 126
129 129%
233 226
127 130
115 118
87
90
89
87
110 111
107% 107%
96% 97
79
78
100 100%
86
85
90
88
94
96
114 116
158 158%
93
95
125 130
117 120
155 157
115% 116
116 118
104 104%
160 161
123 125
151 153
95
95%
133 140
180 183
225
114 116
90
90%
78
79
115% 116
98 100
89% 90
60
70
86
88
130 132
106% 108
99 100
116% 116%
185
165
450
140
220
255
260
160
161
220
160
197
400
115
130
200
140
140
250
160
. . . . . . 112
î 75 per oent paid In cash.
Bid. Ask.
125
122
290
130
280
110
94is
130
270
135
150
300
135
375
135
100
Ì8Ò"
210
1Ö2"
215
110
125
100
130
210 215
99
97
112
115
92
90
2471« 250
250 260
200
135
290
137is
350
150
340
140
1371s
300
140
400
152%
91
1638
156 159
99
97
18% 20
190
1S5*
Ì56
160is 166is
80
65
710
86is 90
100
105
355
385
200
212
230
163
118
450
350
4 ¿00
425
137
255
175
125
155
200
110
16O
400
4800
150
178
120
280
15
140
2(0
2000
2500
112
290
16Ô"
125
195
310
300
500
115
117
330
150
310
325
150
135
180
525
185is
20J
175
140
170
137
110
400
125
165
520
105
118
125
140
230
170
275
266
118
550
2ÏÔ"
210
185
150
200
114
6is
470
172
235
6JO
125
65
250
300
125
Ì57" 165’
170
300
120
§ All ex-dividend.
I n s u r a n c e St o c k s .
B id.
Ask,
Sherman................100
Shoe & Leather ...100 110
St. Nicholas.........100
Southern N at....„ 1 0 0 160
108
State of N. Y ......1 0 0
Third National....100 Ï05'
‘ 95’
Tradesmen’s ............ 40
Union National..........
United States Nat.100 175
Western National. 100 110 1121«
West Side............... 100
P h ila d e lp h ia .«
2641»
Bank of No. Amer.100
Chestnut St. N at..100
50
Commercial N at....50
107
Farm. &Mech.Nat. 100
First National.......100
Fourth St. Nat’l.„ 1 0 0 157ia
90
Girard National___40 85
Manufaot’rs’ Nat.. 100
Mechanics’ Nat’L .100
Nat.Bk. N.Liberties.50
Penn National........ 50 85
Philadelphia Nat’1.100 186%
Seventh National. 100
Tradesmen’s Nat’1..50
St. L o u is .
Amer. Exchange...50 164 170
Boatmen’s . . . ........ 100 159 162
B rem en .............. 106 200 230
90
88
Chemical Nat........100
Citizens’ ................. 100 120 130
Nat. Bank of Com. 100 139ia 1421»
Commercial........ .100 250
Continental Nat’1.100 120 1221»
Franklin......... ....1 0 0 350 360
Fourth National..100 220 230
German.................. 100 315 325
German AmericanlOO 550 600
International.......100 150 155
Laclede National.. 100 99 100
Lafayette............... 100 325 350
Mechanics............. 100 235 245
Merchants’ Nat’l „10 0 140 144
Mullanphy........ ... 100 23» 240
78
Nat. Bk. Republic. 100 75
Northwestern.......100 132% 137%
St. Louis National.103, 102 105
State Bank.............. 50 170 180
Third National.... 100 106 108
S a n F r a n c is c o .
65
Anglo-Californian....... 60
Bank of California.... 210
190
First Nat’lG o ld ... 100
London Paris & A ....... 120
35
London & San Fran...
Nevada....................... 125
INSURANCES
STOCKS.
N ew Y o rk .
American.................50 110 120
Bowery.....................25 75
80
Broadway..............2 5 115 125
Citizens’ .................. 20 95 105
Commonwealth.. . 100 60
70
Continental .......1 0 0 245 260
Eagle........................ 40 210 220
65
Empire City.......... 100
70
Farragut.................. 50 70
80
275
285
German-American 100
Germania.................50 165 175
50
Globe........ .... .50
60
Greenwich............... 25 112 120
75
H am ilton............... 15
85
Hanover...................50j 110 120
130
135
Home........ .........„1 0 0
Kings Co. (B’klyn).20 160 170
Nassau (Brooklyn).50 155 165
National................37% 70
80
Niagara ................... 50 120 130
73
80
North River „ . „ . . . 2 5
Pacific...................... 25 120 130
Peter Cooper . . .....2 0 130 140
Phenix (B’k ly n )..„5 0 107 115
Rutgers....................25 110 120
95
Stuyvesant...............25 80
95 105
United States.......2 5
Westchester.
10 160 170
Williamsburg City..50 300 320
M A R IN E ! IN S U R
ANCE! S C R I P .
Atlantio Mutual.........
1890
................ 103
1891
.................. ..................
..................
103
1892
................ 104
1893 .............. ......... 105
1894
.................. ..................
.................. ..................
106
iComm’ol Mut. 1873-82
P R IC E !» O F E X O H A N U lt
M E M B E R S H IP S .
N.Y. S to ck ...,.............
20,000a.
Last sale, Oot...........
19,000
N.Y.ConsoLSt’k & Pet. 100b. 125a.
Last sale, Oet. 16. „
120
N. Y. Produce............. 475b. 500a.
Last sale, Oct. 12...
500
N. Y. Cotton................ 750b. 800a.
Last sale, Oot..........
800
N. Y. Coffee.................. 125b. 175a.
Last sale, Oot. 10. ..
150
75 ask.
N. Y. Metal..................
Last sale.............. .
R’l Est. Ex. & Aue. R’m 750h.” 800a.
Last sale,... ............
Boston Stock „12,000 b. 13,000 a. A
Last sale, Oot. 1 0 „
12,500
®
Philadelphia Stock....
2,500
Last sale, J u n o ......
Ohio. Board of Trade.. 775b. 800a.
775
Last sale Oot..... . . .
Chicago Stock............. 1,500 1,600
1.600
Last sale Oet. ........
690
THE CHRONICLE.
R oad s.
J tm e s lm m t
The I n v e s to r s ’ S u p p l e m e n t , a pam phlet o f 160 pages, con
tains extended tables o f the Stocks and Bonds o f Railroads,
and other Companies, with remarks and statistics concerning
the income, financial status, etc., o f each Company. I t is
published on the last Saturday o f every other month— viz.,
January, March, M ay, July, September and November, and is
furnished wiMiout extra charge to all regular subscribers o f
the C h r o n ic l e .
Ih e General Quotations o f Stocks and Bonds, occupying six
pages o f the C h r o n ic l e , are published on the t h i r d S a t u r
d a y o f each month.
RAILROAD EARNINGS.
Latest Earnings Reported.
1894.
1893.
Jan. 1 to Latest Date.
1894.
1893.
$
Adirondack___ August__
18,74'
113,154
18,198
119,206
Ala. Midland... August__
41,168
29,926
351,146
309,240
Allegheny V a l.. August__
204,514 187,601 1,354,967 1,713,791
Ark. Midland... August__
5,160
4,513
49,513
47,296
Atoh.T.*S. Fe. lstw k Oct. 655,122 714,721
St. L. & San F. IstwkOct. 136,067 147,348
Atlantic& Pac lstw k Oct.
57,788
56,232
Col. Midland.. lstw k Oct.
35,155
35,746
Agg. total... lstw k Oct. 884,132 954,047 28,239,294 35,970,315
Atlanta* Char, a June........
46,902
53,309
320,884
375,101
Atlanta * W. P. August....
34,317
27,173
292,659
261,691
Atlan. & Danv.. 4th wkSep
9,159
11,760
Austin & N’west August__
22,865
17,018
156,815
141,308
B.&O.EastLinee Septemb’r, 1.594.142 1,693,567 12,334,950 14,293,215
Western Lines Septemb’r, 451,173 626,659 3,353,229 4,785,789
Total........... Septemb’r. 2,045,31 2,320,226 15,688,179 19,079,004
BaL&O.Sou’ w.d 2d wk Oct, 136,492 139,346 4,852,983 5,298,079
B ath* Ham’nds August__
2,512
2.627
14,144
15,383
Blr. * Atlantic.. Septemb’r,
1,786
15.941
1.728
22,437
Brooklyn Elev.. Wk Oct. 13
31,262
33,960 1,344,664 1,450,101
BuiLRooh.&Pitt 2d wk Oct.
58,526
64,629 2,044,253 2,704,226
Bur. C. Rap. &N Septemb’r, 364,505 450,097 2,670,635 2,919,733
Camden* Atl.. August__
186,379 174,596
670,526
640,083
CanadianPaciüe 2d wk Oct, 492.000 480,000 14,032,930 16,062,214
Oar. Cum. G*Ch. J u n e__
5,028
3,568
28,315
22,788
Oar. Midland__ Septemb’r.
6,576
6,145
51,396
41.380
Central of N. J .. August__ 1,155,847 1.281,944 8,032,096 9,700,280
Central Pacific.. August__ 1,437,993 1,362,915 8,300,058 9,364,264
Central of S. C.. June........
5,657
7,649
47,433
54.954
Ohar.Cin.*Chio. Septemb’r.
12,968
10.344
117,399
109.173
Gharlest’n&Sav August__
36.394
29,718
438,050
450.849
Ohar.Sum.&No. Septemb’r.
19,300
10.900
115,971
112,257
Ohat’qua Lake.. August.
5,514
6,139
29,390
39,035
Oheraw. &Dar1.. August__
5,303
5,045
50,626
57.570
Ohes.* O hio.... 2d wk Oct 190,345 185,149 7,028,537 7,918,284
Ghes. O. &So.W. August__
198.062 187,192 1,321,333 1,529,713
Ohio. Bur.&No. August__
174,297 169,305 1.075,860 1,521,443
Ohio. Bur. & Q.. August__ 2.934.143 3,076,396 20,550,878 25,001,779
Ohio.* East. 111. Lstwk Oct.
86,171 113.454 2,445,532 3,427,439
Chicago* Erie. August___ 210,745 296,467 1,444,868 2,013,637
Ohio. Gt. West’n 2d wk Oct.
91,178
99,289 2,817,479 3.494,716
Ohio.Mil.*8t.Pt 2d wk Oct. 637,829 861,230 22,065,083 25,928.258
Ghio.&N’thw’n / August__ 2,750,558 2,602,676 18,925,544 21,345,018
Ohio.Peo.&S.L... IstwkOct.
18,672
16,579
678,897
774,322
Ohio.R’k I.& P .. Septemb’r. 1,522,481 2,118.588 12,120,490 14,457,968
Ohio.St.P.M.&O. August__
612,503 561,803 4,562,647 4,984,277
Ohio. & W. Mich. IstwkOct.
34,489
43,492 1,202,136 1,471,683
Oin. Ga. * Ports. Septemb’r.
6,966
6,797
51,042
51.954
Cin.& Kent. Sou .Vugust___
834
782
6,455
8,823
Oin. Jaok&Mac. 2d wk Oct.
12,363
13,124
491,985
534,588
W n.N.O.&T.P. August.... 292.000 311,688 2.198.000 2,650,889
Ala. Gt. South. A ugust.... 119.000 121,726
872,000 1,130,715
N. Orl. & N. E. August___
83.000
79.090
704,152
870,166
Ala. * Vieksb. August ...
43.000
34Ì930
313,453
339,611
Vioks.Sh. &P. August....
41.000
38,496
316,097
322,608
Erlanger Syst. August__
578.000 585,414 4.401.000 5,310,728
Oin.Ports. & V.. Septemb’r.
23,445
185,612
22,028
200.849
Ool. & Maysv. Septemb’r.
1,114
1,493
8,264
11,240
Clev.Akron&Co. 2d wk Oct.
16,572
18,717
670,275
776,944
Clev. Can. & So. 2d wk Aug
17,020
16,512
CL Cin.Ch.&S.L. IstwkOct. 268,831 271.454 9,529,687 10,594,546
Peo. & East’n. August___ 171.784 159,265 1,012,564 1,116,164
Cl.Lor. & Wheel. Septemb’r. 133,629 144,755
887,912 1,085,495
Oöl. Newb. & L. J u n e........
4,461
3,771
42,224
33,611
Col.Ht.V. &Tol. Septemb’r. 279,674 310,304 1,941,831 2,483,516
Cöl.Sand’y * H. lstw k Oct.
24,398
23,495
Colusa &Lake.. Septemb’r.
3,000
2,600
16,467
Ï9Î355
Crystal...... .
772
August__
1,071
6,696
10,322
Cumb’ld Valley August:...
85,925
82,846
503,738
585,493
Current River.. 3d wk Sep.
2,723
1,791
88,632
83,956
Denv. & Rio Gr. 2d wk Oct. 166,100 142,100 5,087,338 6,111,374
Det.Lans’g&No lstw k Oct.
22,736
25,858
817,702
923,150
DuluthS. S.&Atl. IstwkOct.
34,977
36,982 1,311,034 1,683,975
Duluth * Winn.. May..........
8,773
25.345
50,486
106.510
Elgin. J ol.&East Septemb’r.
97,087
82.091
750,286
680,066
Eureka Springs. July— ...
5,407
6,607
39,060
48,515
Evans AInd’plis IstwkOct.
4,852
7,177
212,448
283,554
Evans. & Rich.. lstw k Oct.
1,838
2,037
81,673
102,311
Evansv. & T. H. IstwkOct.
19,503
28,303
838,650 1,007,935
Fitchburg.......... August__ 666,680 573,221 4,431,143 4,882,062
Flint * P.Marq.. lst wk Oct.
47,430
47,987 1,838,601 2,172,703
Florence............ June........
11,441
9,911
88,053
80,175
Fld.Cnt. &Penin Septemb’r. 133.63 b 91,011 1,752,222 1,163,376
F t W. * Rio Gr Septemb’r.
39,086
21,405
191,101
252,137
Gads. & Att. U.. Septemb’r.
560
638
4,961
7,431
Georgia RR...... 2d wk Oct.
33,434
38,370
961,978 1,030,901
Ga. Car’ la & No. August__
50,069
35,826
423.776
309,762
Geo. Bo. * F la... Septemb’r.
67,154
57,324
635.776
589,523
Georget’n & W’n June— __
2,626
3,976
18,394
23,417
G r, Rap. &Ind.. lstwk.Oct. | 36,774
36,351 1,444,853 1,726,563
Cin.R.*Ft.W . lstw k Oct.j
8,180
7,108
308,633
343.510
Traverse City. IstwkOct.
680
679
36,562
4^,894
-Mus. G. R. & I. lstw k Oct.
2,325
2,074
80,342
109,279
Total all lines. lstw k Oct.
47,959
46,2121 1.870,396 2,223,245
1894.
$
fR a ilim d % ni& \\i% m tz.
Week or Mo
Latest Earnings Reported.
WeekorMo\
AND
R oad s.
[VOL. L1X,
1893.
Jan. 1 to Latest Date.
189*
I
1893
GrandTrunk... WkOct. 13 408,102 475,347
13,944,143 .588,147
Ohio. & Gr. Tr. Wk Oct. 6
51,513 130,606 2,084,825
,18 5,648
Det.Gr.H.&M, WkOct. 6
22,480
25,314
764,908
861,509
Gr.P.Wal.&Br. June........
2,097
2,445
10,865
11,454
Great North’n Bt. I .M . * M . Septemb’r. 1,473 175 ,380,431
9,355,738
East. Of Minn Septemb’r. lo i] 901 149,77c 7,826,393
750,540
863,363
Montana Cent Septemb’r. 101 , 526
83,332 1,090.135
840,227
Tot. system. Septemb’r. 1,676, 602 ,613,533 9,657,068
11,059,328
G u lf* Chicago. Septemb’r.
2,621
3, 335
30,209
28,583
Hartsville........ Jun e........
308
419
3,915
5,860
Hoos.Tun.&Wil: August___
3, 784
3,849
Hous. E.&W.Tex Septemb’r.
40, 000
30,700
Humest’n&Shen Septemb’r.
14,295
12, 200
87,000
97,737
Illinois Central. Septemb’r. 1,534, 997 1,170,816 12,859,737
15,770,238
Ind.Deo.* West. Septemb’r.
39, 377
37,331
295,832
340,187
In .* Gt. North’n 2d wk Oct. 126] 509
97,248 2,492,823 3,009,152
ilnteroo. (Mex.) WkSep. 29
38,074 1,759,745 1,593,979
40] 763
Iowa Central. 2d wk Oct.
41, 156
45,233
Iron Railway. Septemb’r.
3 614
2,931
29.978
28,967
Jack. T. & K. W August__
35 ,428
32,546
545,901
557,019
Kanawha&Micb 2d wk Oct.
6,564
7] 945
289,139
274,796
Kan.C. 01. &8p. 3d wk Sep.
5,190
7 ,075
210,375
185,145
K.C.F.S.&Mem 3d wk Sep.
65 ,370
76.645 2,668,339 3,035,444
K.C.Mem.*Bir lstw k Oct.
19 ,528
20,947
746,687
799,418
K. C. Pitts. & G. lstw k Oct.
8 ,394
5,702
269,932
118,859
Kan.C. Sub.Bell IstwkOct.
4 ,728
4,719
204,880
188,508
Kan.C. N W . . . . Septemb’r.
20 ,048
26,351
215,264
232,050
Kan.C.&Beat. Septemb’r.
1 ,249
884
9,012
9,846
Keokuk & West lstw k Oct.
7, 417
8,327
282,149
297,441
L. Erie All. & So. Septemb’r.
7] 265
6,204
53,629
58,279
L. Erie & West.. 2d wk Oct.
66 , 623
66.292 2.575,597 2,826,148
Lehigh & Hud. Septemb’r.
34 041
52,195
283,884
418,534
Long Island__ Septemb’r. 399, 436 409,401
Louis.* Mo.Riv July........
24 530
36.070
176,418
239,858
Louis.Ev.*St.L. 2d wk Oct.
30 ,039
32,467 1,109,862 1,353,407
Louisv.&Nashv. 2d wk Oct. 415] ,810 351,135 14.848,328
16,119,024
Louis.N.A.*Ch. IstwkOct.
62 ,852
75,382 2,142,403 2,701,987
Lou.St.L.*Tex, lstw k Oct.
9 ,134
8,878
320,852
431,044
Louisv. South.. 4thwk Aug
22 090
21,211
398,627
450,599
Macon & Birm.. Septemb’r.
4 ,667
5,395
53,738
49,322
Man ches. & Aug. Jun e........
981
898
5,630
7,617
Manistique.. . . Septemb’r.
4 ,312
266
55.631
70,736
Memphis&Chas. IstwkOct.
23 ]491
20,490
936,520 1,029,106
IMexican Cent. 2d wk Oct. 155 ,170 146,564 6,507,465
Mexican Inter’l. August.... 148] 579 141,000 1,380,203 6,106,409
1,358,612
tMex. National, 2d wk Oct.
91 506
77,568 3,293,5*1 3,335,955
Mex. Northern. August__
45 397
416,508
IMexican R’ way WkSep. 29
59] 432
56.439 2,358,492 2,323,54*8
Mexican So.
10 ]160
4th wk Sep
9,452
235,898
169,467
Mlnneap.*St.L. Septemb’r. 173 960 162.672 1,239,041 1,293,222
Mo.Kan.&Tex., 2d wk Oct. 322, 810 289,626 7,399,020 7,554,156
Mo.Pac.&IronM 2d wk Oct. 501, 000 510,000 17,008,900 19,327,700
Mobile & Birm. IstwkOct.
200,624
7, 409
6,448
214,443
M obile* Ohio.. Septemb’r. 248, 481 225,394 2,282,943 2.350.208
Mont.* Mex. Gli August__
100 ,000
748,471
65,998
673,758
Nash.Ch.* St.L. Septemb’r. 377, 813 353,541 3,372,678 3,573,519
Nevada Centra) August__
16,533
2,330
2 , 112
28,626
NewOrl.&So’n.. Septemb’r.
68,209
7,776
7, 338
86,638
N.Y.C.&H.R__ Septemb’r. 3,869, 529 4,221,704 30,560,442 34,882,661
N. Y. L. E. & W. August__ 2,274, 224 2,523,535 15,673,504 19,526.552
N.Y.Pa.&Ohio.. August__
569, 445 614,097 3,582,366 4,802,330
N. Y. Ont. & W . 2d wk Oct.
83,141 2,947,473 3,091,210
70, 500
N.Y.Susq. & W.. July.......... 144, 895 164.407
947,950
997,043
Norf.& South’n August__
294,534
298,424
29,553
28, 107
Norfolk & West. 2d wk Oct. 227, 129 221.734 7.938,128 7,828,896
N’theast’n (S.C.) June........
331,703
43,872
376,747
37, 384
North’nCentral. August__
596, 724 565,638 3,793,788 4,626,353
North’n Pacific. 2d wk Oct. 498, 983 495.735 11,544,375 15,685,771
Oconee & West. August__
11,761
19,963
1,818
2 , 321
Ohio River........ lstw k Oct.
615.449
531,233
18,498
21 , 677
Ohio Southern.. 2d wk Oct.
15.830
19, 366
Omaha &St. L .. August___
367)090
259.373
40,201
32, 104
Oregonlmp.Co. August.__
351, 218 359,716 2,534,037 2,533,780
Pennsylvania... August___ 5,739, 055 5,471,977 36,746,557 44,909,441
PeoriaDeo.&Ev. 2d wk Oct.
708.582
660,622
18,079
18, 626
Petersburg........ August__
370,382
358,776
32,970
39, 953
Phila. & Erie... August__
422] 399 433,553 2,494,855 3,437,785
Phila. & Read’g. August,... 1,783, 666 1,896,267 12,872,233 14,838,581
Coal&Ir. Co... A ugust...: 1,589, 386 1,701,185 13,455,099 14,704,593
Total both Cos. August__ 3,373, 052 3,597,452 26,327,332 29,543,174
Pitts. Mar. &Ch. Septemb’r.
27,490
24,796
2,365
3, 726
Pitt.Shen.&L.E. Septemb’r.
367,088
327,013
52,836
58, 946
Pittsb. & West - - Septemb’r. 148, 589 133,614
987,540 1,119,993
Pitts. Cl.&Toi. Septemb’r.
633,347
482,432
78,183
68 , 054
248,035
Pitts. Pa. & F. Septemb’r.
231,561
30,762
37, 489
2,066,058
Total system.. IstwkOct.
53,393 1,760,172
58, 069
Pitt.Young.*A. Septemb’r. 126, 188
826,843 1,055,078
75,502
181,000
Pt. R oya l* Aug. August....
174,357
16,106
16, 137
158.635
Pt. Roy.* W. Car, J u n e........
174,414
17,305
25, 726
206(487
Quincy 0.&K.C. Septemb’r.
171,337
26,807
21 , 753
522.450
Rich. Fr’ksb.&P. August__
470,034
45,524
52, 617
236,826
Rich. & Petersb. August___
224,513
23,136
27, 022
390,217
Rio Gr. South’n , 2d wk Oct.
284,066’
7,559
7, 750
1,762,867
Rio Gr.West’n.. 2d wk Oct.
45,000 1,614,485
51, 600
96,944
Sag.Tusçola&H. jseptemb’r,
88,530
11,93c
10 ,759
63,106
Sag.Val. & St. L, August__
56,604
7.525
7] 358
1,195,207
St. L. A. & T. H. 1st wk Oct.
993,246
30,380
790
28,
19,768
St.L.Ken’et&So. Septemb’r.
19,427
1,901
2 , 129
St. L. Southw’rn. 2d wk Oct. 140] 700 108,400 3,281,100 3,634,854
1,276,041
St.Eaul&Dul’th Septemb’r. 143 754 162,361 1,041,195
San Ant. * A.P. August___ 165 ,884 124.672
961,347 1,097,528
620.334
S.Fran.*N«Pao. 4th wk Sep
618,429
29,704
30 ,487
367,673
Sav. Am. & Mon. Septemb’r.
318,405
39,043
44 ,586
2.081.209
Sav.Fia. & West. August__
249] ,137 218,125 2,098,386
199,685
8her.8hrev.& So lstw k Oct.
203,293
7,444
10 ,006
46,462
Silverton........... Septemb’r.
30,817
7,266
5,000
So. Pacific Co.-^
Gal.Har.&S.A August.... 333,866 278.407 2,525 ,464 1.762,917
719,471
Louis’aWest.. August__
592 ,780
70,188
76,936
,322,111
Morgan’sL&T. August__
436,434 342,302 3,452 557
150,504
N.Y.T.&Mex. August__
149 237
17,766
26,882
Tex.&N. Orl.. August-.-. 124,002 117,503
963 129 ,198,362
,224,976
Atlantic sys.ö. August___ 1,007,374 832,808 7,751 867
,957,937
Pacific system August..., 3,126,996 3,184,602 19,811 '516
,182,913
Total of all.. August.... 4,134,370 4,017,410 27,563 383
,066,360
So. Pac. of Gal August__
817,452 993,251 5,845 831
,340,192
So.Pac.of Ariz August__
164,575 133,365 1,281 ;685
629,788
So.Pac.ofN.M. August....
589 ,705
61,404
79,204
114,921
South Bound... Jun e........
146 ,5 ! 0
16.830
19,231
679,049
South Car. & Ga. June........
587 639
81,195
68,000
South&Nor. Car. Jun e........
6 ,212
596
603
Spar. Un. & Col. Jun e........
64 501
9,251
9,448
Summit Branch. Septemb’r.
670 942
77,706 104,437
Lykens Valley Septemb’r.
602, 512
79,074
86,199
Tot’ I both Co’s Septemb’r. 156,780 190,6361 1,273 ,454,
THE CHRONICLE,
OCTOBEK 20, 1894.]
Latest Earnings Reported.
BOÂDS.
WeekorMo
1894.
1893.
Jan. 1 to Latest Date.
1894.
Latest tfross Earnings by Weeks.— The latest weekly earn
ings in the foregoing are separately summed up as follows:
Our preliminary statement of earnings for the second week
of October covers 37 roads and shows a loss of 1*94 per
cent.
Balt. & Ohio Southwest.
Brooklyn Elevated...... .
Buffalo Rooh. & Pittsb’g.
Canadian Pacific.............
Chesapeake & Ohio........
Chicago Great Western..
Chicago Milw. & St. Paul.
Cin. Jackson & Mackinaw
Oleve. Akron & Columbus
Denver & Rio Grande....
G eorgia....................... .
Grand Trunk of Canada.
Intern’l & Gt. North’n ...
Iowa Central...................
Kanawha & Michigan.. . .
Lake Erie & W estern....
Louisv. Evansv. & St. L
Louisville & Nashville...
Mexican Central.............
Mexican National...........
Mo. Kansas & Texas.......
Mo. Pacific & Iron Mt___
New York Ont. & West’n.
Norfolk & Western.........
Northern Pacific.............
Ohio Southern............. .
Peoria Dec. & Evansv...
Rio Grande Southern___
Bio Grande Western.......
St. Louis Southwestern..
Southern Railway—
Riohm’d <fc Danville 1
Char. Col. & A u g...
Columbia & Greenv. I
Georgia Pacific___
EastTenn. Ya.&Ga,
Louisv. Southern...
Texas & Pacific...............
Tol.Ann Arbor &N.Mich.
Toledo & Ohio Central¿..
Toledo St. L. & Kan. C...
Wabash............................
Wheeling & Lake E rie..
1894.
1893.
$
136,492
31,262
58,526
492.000
190,345
91,178
637,829
12,363
16,572
166,100
33,434
408,102
126,509
41,156
7,945
66,623
30,039
415,810
155,170
91.506
322,810
501,000
70,500
227,129
498,983
19,366
18,626
7,750
51,600
140,700
9
139,346
33,960
64,629
480,000
185,149
99,289
861,2»0
13,124
18,717
142,100
38,370
475,347
97,248
45,233
6,564
66,292
32,467
351.135
146,564
77,568
289.626
510,000
83,141
221,734
495.735
15,830
18,079
7.559
45,000
108,400
376,411
379,960
........
226.267
22,972
48,772
35,820
267.659
30,358
181,212
23,966
42,952
34,996
332,526
31,051
45,055
6,075,684 6,196,149
296,088
Increase.
9
12,000
5,196
24,000
29,261
1,381
331
64,675
8,606
13,938
33,184
5,395
3,248
3,536
547
191
6,600
32,300
5,820
824
Netdeorease (P94 p.c.).
Decrease.
9
2,854
2,698
6,103
8,111
223.451
761
2,145
4.936
67,245
4,077
2,428
9,000
12,641
3,549
994
64,867
693
416,553
120,465
For the first week of October our final statement covers
78 roads, and shows 2'86 per cent loss in the aggregate.
1st week of October.
1894.
1893.
9
9
Previously rep’d (41 r’ds) 6,026,309 6,050,591
655,122
Atch. Top. & Santa F o ...
714,721
8t. Louis & San Fran..
136,067
147,348
Atlantic & Pacific........
57,788
56,232
Colorado Midland.. ...
35,155
35,746
Chicago & East. Illinois.
86.171
113,454
Chicago & Gr. Trunk......
51,513
130,606
Chieago & West Miohigan
34,489
43,492
Increase.
?
341,109
€ttmu
1,556
1st week of October.
1893.
Southern By e—
Rich. & Dan. ^
• Char. C. & A.
Col.& Gr’nv. 2d wk Oct. 376,411 379,960 13,410,408 14,005,735
E. T.Va. & G .
Louisv. 8o..
Georgia Pac
750,092
Staten Isl. B. T. August..., 131,508 122,701
725,976
11,419
10,817
Stony01.&CMt.. August ...
36,739
33,697
Texas & Pacino, 2d wk Oct. 226,267 181,212 4,933,696 5,123,224
lexS.Val& N .W . Septemb’r.
3,211
3,857
38,322
30,711
ToI.A.A.&N o .M. 2d wk Oct.
22,972
23,966
832,977
823,308
48,772
42,952 1,377,339 1,561,903
rol.&OhioCent. 2d wk'Oct.
20,605
25,485
668,754
744,563
lol. P. & West.. 1st wk Oct.
35,820
34,996 1,199,423 1,414,129
Iol,St.L.&K.O. 2d wk Oct.
55,807
56,026
279,911
Clster & Del— August__
291,087
Onion Pacific—
Un. Pac. RB.. August__ 1,447,925 1,324,973 9,111,761 11,169,077
513,747 423,704 3,193,101 4,103,362
Or.S.L.&U. N August__
75,468
SfcJos.&Gd.Is. August__
78,535
541,814
655,481
Kan.C.&Om. August__
6,554
11,567
113,633
72,347
17,641
24,184
886,679
Tot. it. J.&G.I. 1st wk Oct.
678,808
28,227
Cent.Br.......... August__
37,907
269,646
315,855
Ach.Col.&P.> August__
28,934
36,807
247,151
348,468
Ach.J.C.& W >
31,901
Montana Un.. August__
71,121
551,379
229,876
Man.Al.&Bur. August....
3,706¡
3,130
27,494
27,100
GFd total.* e August.... 2,266,429 2,092,161 14,968,129 18,831,785
97,677 337,961 1,228,091 1,855,510
Or.By. & N.Co J u n e........
O.Pao.D.&G. August__
239,449 198,196 1,731,026 2,459,821
74,044 120,174
FtW’th&D.C. J u n e........
513,654
760,866
Wabash .......... 2d wk Oct. 267,659 332,526 8,925,406 10,878,186
Waco & Northw. August___
12,531
13,461
122,134
107,910
West Jersey...... 'August___ 230,791 234,126 1,093,673 1,208,527
89,879 100,350
W.V.Cen.& Pitts Septemb’r.
886,989
739,061
West Va.& Pitts. July..........
31,046
37,240
209,07is
236,055
Western of Ala.. August__
32,830
317,352
39,556
294,978
146,901 130,483
West. Maryland. August__
810,240
799,081
70,500
WestN.Y. &Pa. 1st wk Oct.
69,800 2,332,258 2,757,136
31,051
30,358
Wheel. & L. Erie 2d wk Oct.
948,455 1,200,039
2,131
Wil.Chad.&Con. J u n e_____
2,151
11,844
11,485
38,640
44,543
239,424
Wil. Col. & Aug. Jun e........
336,415
7,960
Wrightsv.&Ten. July..........
5,194
44,103
42,410
t Includes Milwaukee & Northern for all periods.
4 Figures given do not include Oregon Ry. & Nav., Un. Pac. Denver &
Gulf and Leavenworth Topeka & Southwestern.
a Figures cover only that part of mileage located in South Carolina
b Includes earnings from ferries, etc., aot given separately. J Mexi can currency, c Includes only half of Hues In which Union Pacific has
ahalf interest, d Includes Ohio & Mississippi in both years, e Covers
4,398 miles in both years. f In June, July and August Mil. Lake Shore
&West, included for 1894, hut not for 1893; for previous months this
road is included in both years.
2d week o f October.
691
Decrease.
9
365,391
59,599
11,281
591
27,283
79,093
9,003
Din. Jackson & Mackinaw
Oleve. Akron & Columb.
Oleve. Cin. Chic. & St. L ..
Col. Sand’sky & Hocking.
Det. Gr. Hav. & M ilw....
Detroit Lans’g & North’n
Duluth So. Shore & Atl
Evansv. <fe Indianapolis..
Evansville <fc Richmond..
Evansv. <&Terre Haute..
Flint <fe Pere Marquette.
Kan. C. Mem. & Birm__
Kan. City Pittsb. & Gulf.
Kan. City Sub. B e lt .......
Keokuk & Western........
Louisville St. L. & Texas.
Memnnis & Charleston..
Mobile & Birmingham...
Ohio River......................
Pittsburg & Western......
Rio Grande Southern__
St. Joseph & Gd. Island. .
St. Louis Alt. & T. Haute.
Sherman Shreve. & So...
Toledo Peoria & West’n..
1894.
1893.
9
12,935
15,922
268,831
24,398
22,480
22,736
34,977
4,852
1,838
19,503
47,430
19,528
8,394
4,728
7,417
9,134
23.491
7.409
21,677
58,069
9,408
17,641
28,790
10,006
20,605
9
13,650
18,717
271,454
23,495
25,314
25.858
36,982
7,177
2,037
28,303
4?,987
20,947
5,702
4.719
8,327
8,878
20,490
6,448
18,498
53,393
6,302
24,184
30,380
7,444
25,485
Total ;73 r o a d s )........ 7,804,813 8,034,361
Net, decrease (2-86 p. a.).
........
........
Increase.
Decrease.
9
9
903
2,692
9
256
3,001
961
3,179
4.676
3,106
__L
2.562
715
2,795
2,623
2,834
3,1 ?2
2,005
2,325
199
8,800
557
1,419
910
6,543
1,590
4,880
364,010
593,558
229.548
The following will furnish a comparison of the weekly
results for a series of weeks past.
WEEKLY GROSS EARNINGS.
Period and number o f
1894.
1893.
roads included.
$
$
Aug.—3d week (82 r’ds). 7,080,587 6,832,811
“
4th week (80 r’ds). 10,573,474 9,914,743
Sept*—1st week (71 r’ds). 6,957,830 7,018,099
“
2d week (77 r’ds). 7,417,933 7,706,036
3d week (73 r’ds). 7,391,796 7.635,085
“
4thweek (74r’ ds). 9,607,808 10,182,834
Oct.— 1st week (73 r’ds). 7,804,813 8,034,361
**
2d week (37r’ds). 6,075,684 6,196,149
------- Changes.Amount.
$
247,776 Inc.
658,731 Inc.
60,219 Dec.
288,103 Deo.
243,289 Dec.
575,026 Dec.
229,548 Deo.
120,465 Dec.
P. ct.
3*62
6'64
0-86
3-74
3-19
5-65
2-86
1-94
Net Earnings ¡Monthly to Latest Dates.— The following
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
and in that form is given once a month. Early returns are
published from week to week, as soon as issued, but for the
convenience of our readers all the roads making returns are
brought together here in the week in which we publish our
monthly article on net earnings— say on or about the 30th of
the month. A paragraph mark (*[[) appended to the name of
a road indicates that the figures for that road for the period
given have not previously been published by us.
Gross Earnings.-—>,---- -Net Earnings.—
1894.
1893.
1894.
1893.
Ttoads.
18,747
18,198
Adirondack........ . ..li Aug.
7,318
3,751
113,154
119,206
Jan. 1 to Aug. 3 1 ....
26,654
30,572
41,168
29,926
Alabama Midland.... Aug.
def.609 def.9,387
351,146
309,240
Jan. 1 to Aug. 31__
def.199 dei. 19,9 42
201,514
187,601
Allegbeny Valley__ Aug.
83,744
70,976
Jan. 1 to Aug. 3 1 .... 1,354,967 1,713,791
494,183
593,937
Arkansas Midland..H Aug.
5,160
4,513
788
485
49,513
Jan. 1 to Aug. 31___
47,296
21,048
15,297
At. T. & 8. Fe........ bAug. 2,463,365 2,795,393
517,717
999,747
July 1 to Aug. 31___ 4,084,649 5,559,447
509,386 1,861,728
596,627
531,327
8t. L. & San Fr...bAug.
284,628
209,164
July 1 to Aug. 3 1 .... 1,037,070 1,112,375
464,052
447,334
Atlantic & Pac..bAug.
259,991
218,475
44,111
16,406
485,121
July 1 to Aug. 3 1 ....
465,770
84,555
43,653
Colorado Midl’db..Aug.
146,757
118,677
9,390
7,701
275,201
234,101
July 1 to Aug. 3 1 ....
15,316
9,963
Aggregate total .bAug. 3,466,740 3,663,872
855,846 1,233,018
July 1 to Aug. 3 1 .... 5,862,691 7,391,544 1,073,309 2,362,678
34,317
27,173
Atlanta & W. Point.U Aug.
9,595
3,008
261,691
Jan. 1 to Aug. 31 .. .. 292,659
93,527
58,352
56,383
July 1 to Aug. 3 1 ....
65,875
19,228
9,039
10,0 >1
Austin & Northw.. .Aug.
22,865
17,018
3,412
156,815
Jan. 1 to Aug. 3 1 ....
141,308 . 52,752
38,391
Baltimore & Oblò—
637,297
Lines E. O. R.b..1TSept.. 1,594,142 1,693,567
723,398
Jan. 1 to Sept. 3 0 ...,.12,334,950 14,293,215 3,964,387 4,709,489
July 1 to Sept. 3 0 ..... 4,804,430 4,972,335 1,805,476 1,976,179
99,065
626,659
Lines W. O. R.b.lfSept.. 451,173
221,198
Jan. 1 to Sept. 30__ . 3,353,229 4,785,789
385,205
877,507
230,969
July 1 to Sept. 3 0 ..... 1,264,598 1,636,959
495,822
. 2,045,315 2,320,226
736,362
944,596
.15,688,179 19,079,004 4,349,592 5,586,996
July 1 to Sept. 30 .., . 6,069,028 6,659,294 2,036,445 2,472,001
254,447
dB.& O. Southw.blT-SeptI. 587,543
2,512
2,627
968
1,286
Bath Jc Hammonds.IT Aug..
15,383
3,510
14,144
Jan. 1 to Aug 3 1 ..,.
5,804
1,474
1,743
314
Birm.& Atlantic, b.'
def.16
20,709
Jan. 1 to Aug. i
14,155
916
déf.56
3,539
July 1 to Aug.!
.
3,255
149
339
126,023
41,296
Br’klyn Elevated all Aug.. 123,799
37,140
Jan. 1 to Aug. 3 1 ..... 1,172,892 1,260,249
452,282
520,358
July 1 to Aug. 3 1 ..... 255,294 264,551
91,333
86,391
310,456
94,884
87,335
Buff. Roch. & Pitts... b Aug.. 296,174
425,833
700,057
Jan. 1 to Aug. 31___. 1,850,213 2,283,986
627,766
188,993
195,892
July 1 to Aug. 3 1 ...., 567,325
310,005
83,549
95,118
Burl. Ced. R. & No. a .. Aug.:. 319.955
559,189
555,573
Jan. 1 to Aug. 3 1 ..... 2,306,130 2,469,636
174,596
120,124
105,136
Camden & Atl.......alJAug,. 186,379
6/0,526
640,083
242,866
176,062
Jan. 1 to Aug. 31___.
. 1,655,552 1,873,626
734,736
575,256
11,310,9.30 13,196,890 3,335,755 4,494,943
4,927
86
3,937
1,971
Carolina Midland. .ITAug
34,820
35,235
6,788
3,458
Jan. 1 to Aug,
4,231
11,725
7,062
13,198
412,559
555,519
Cent, of N. Jersey.a. Aug . 1,155,847 1,281,944
. 8,032,096 9,700,28 J 2,654,224 3,803,737
692
THE CHRONICLE.
— Gross Earnings.---- , ---- .Net Earnings.----- ,
Hoads.
1894.
1893.
1894.
1893.
$
$
$
$
1,437,993 1,362,915
621,920
610,630
8,300,058 9,364,264 3,042,150 3,602,504
12,505
10,162
78 def. 4,35 8
Jan. 1 to Aug. 31..
104,431
98,829
8,263 def.39,890
Char. & Savannah.If Au0.
36,394
29,718
def.577 def.6,977
Jan. 1 to AUg. 3 1 ....
438,050
450,819
122,337
124,250
Ohar.Sumt. & N or.. fl Auj
9,028
8,568 def.5,929 def.4,6 44
Jan. 1 to Aug. 31..
96,671
101,357 def. 18,124 def.11,524
Chatauqua Lake. .1f..Au„
5,514
6,139
2,356
1,142
Jan. 1 to Aug. 31___
29,390
39,035
5,558
2,863
Cheraw & DarL.b.If.Aug
5,303
5,045
760 def. 1,144
Jan. 1 to Aug. 31..._
50,626
57,570
1,333
10,609
July 1 to Aug. 3 1 ....
10,036
9,321
1,154 def. 1,252
Ohesap. & O hio..a..Aug.
935,389
892,872
331,808
320,858
Jan. 1 to Aug. 31__ 5,870,332 6,695,888 1,942,994 2,001,839
July 1 to Aug. 31__ 1,744,841 1,747,986
631,112
614,233
Ches. O. &So’ wn,b...Aug
198,062
187,192
80,803
66,516
Jan. 1 to Aug. 3 1 .... 1,321,333 1,529,713
434,129
527,442
Ohio. Bur. & North.b. Aug.
174,297
169,305
68,469
Jan. 1 to Aug. 3 1 .... 1,075,860 1,521,443
243,629
515,124
Ohio. Burl. & Quin.bAug. 2,934,143 3,076,396 1,331,927 1,126,060
Jan. 1 to Aug. 31___ 20,550,878 25,00 L,779 7,487,521 7,868,565
Ohio. M. & St. P.a..Aug. 2,493,078 2,407,843
824,922
639,862
17,950,579 21,211,562 5,844,055 6,231,923
4,272,304 5,001,198 1,203,092 1,376,196
Chic. & W. Mich.......Aug.
156,261
160,679
42,100
29,866
Jan. 1 to Aug. 31___ 1,020,287 1,251,178
164,980
202,632
Cin.Jack. &M ack.b .Aug.
66,235
55,491
19,684
10,084
Jan. 1 to Aug. 3 1 ....
412,485
450,638
76,400
72,630
July 1 to Aug. 31___
120,691
109,977
31,766
15,009
Cinn. & Kent. So.. If..Aug.
834
782
253
def.67
Jan. 1 to Aug. 3 1 ....
6,455
8,823 def.3,911
def.3
Cin.N.O.& Tex.P..a.M ay
247,000
343,016
34,000
71,000
Jan. 1 to May 3 1 .... 1,392,000 1,665,351
335,000
389,702
J u ly l to May 3 1 .... 3,325,972 3,831,355
840,000
910,184
N. O. & No’east.lfaJune
83,301
106,564
990
7,413
Jan. 1 to June 3 0 ....
550,152
696,805
64.630
100,957
July 1 to June 3 0 .... 1,293,069 1,419,963
228,981
229,004
Alab’a & Vicks.. 1] a June , 32,679
40,492
769
5,990
Jan. 1 to June 30___
236,433
267,957
39,210
54,562
July 1 to June 3 0 ....
565,781
588,299
129,448
105,834
Vicks. Sh. & Pac. IfaJune
30,964
33,137 def.3,149 def.1,873
Jan. 1 to June 30___
237,097
247,511
34,179
37,132
July 1 to June 3 0 ....
550,217
561,925
128,536
122,359
d n . Ports. & Vir.blf. Aug.
24,583
25,994
6,702
5,782
Jan. 1 to Aug. 3 1 ....
162,167
178,821
31,212
30,650
July 1 to Aug. 31__
44,852
49,978
10,571
11,603
d e v . Akron & Col. blf Aug.
73,096
77,347
30,982
24,499
Jan. 1 to Aug. 31___
567,346
663,425
168,491
169,674
July 1 to Aug. 3 1 ....
139,227
159,285
55,739
42,742
Cleve. Canton & So. Jane
63,148 ‘ 85,224
19,129
18,396
Clev.Cin.C.& St.L.a.. Aug. 1,216,078 1,207,142
327,596
310,664
Jan. 1 to Aug. 31___ 8,054,960 9,085,331 1,942,350 2,134,710
July 1 to Aug. 3 1 .... 2,137,640 2,412,394
432,315
547,241
Peoria & East’n.a. Aug,
171,784
159,265
51.081
25,347
Jan. 1 to Aug. 3 1 .... 1,012,564 1,116,164
122,700
109,811
July 1 to Aug. 31__
299,237
302,595
80,917
45,674
Clev. Lor. & Wheel.If July 128,512
138,589
47,716
47,041
Jan. 1 to July 3 1 ....
584,680
810,174
136,956
167,847
Col. H. V. & T ol.b ..June
198,535
321,069
Jan. 1 to June 30 . . . 1,112,478 1,617,110
436,152
692,124
Crystal................ ..If. Aug.
772
1,071
213
242
Jan. 1 to Aug. 3 1 ....
6,696
10,322
2,297
4,727
Cumberland Valley. If Aug.
85,325
82,846
33,454
27,030
Jam 1 to Aug. 31 .. .
503,738
585,493
153,046
150,084
Den. & R. Grande.b. Aug.
644,808
434,243
297,351
155,560
Jan. 1 to Aug. 3 1 .... 4,136,238 5,271,574 1,574,913 2,044,492
J u ly l to Aug. 31___ 1,083,669
963,139
432,944
266,273
Det. Lans. & Nor.a.. Aug.
105,996
109,725
28,159
28,102
Jan. 1 to Aug. 3 1 ....
694,294
797,170
106,485
144,516
Ed.El.LU. Go., Bklym.Sept.
35,183
25,442
12,195
9,390
Jan. 1 to Sept. 3 0 ....
278,556
2L5.004
112,311
85,693
Edison El. II. Co., N.Y. Sept. 101,031
86,931
48,607
44,196
Jan. 1 to Sept. 3 0 ....
967,389
852,220
502,965
384,871
Elgin Joliet & E .a .. Aug.
96,761
72,057
27,254
19,935
Jan. 1 to Aug. 3 1 ....
653,199
597,975
173,585
130,201
July 1 to Aug. 3 1 ....
159,335
135,895
34,663
31,921
Eureka Springs........ July
5,407
. 6,607
3,198
3,425
Jan. 1 to July 3 1 . . .
39,060
48,515
21,503
23,113
Fla. Cent. & Pen......July
159,150
101,845
31,485
14,301
Jan. 1 to July 3 1 .... 1,478,426
980,564
462,161
307,726
Flint & Pere Mar. a .. Aug.
206,522
206,098
61.839
55,157
Jan. 1 to Aug. 31 ... 1,591,401 1,914,103
422,904
450,913
Gadsden & Att. Un.T. Aug.
602
786
344
534
Jan. 1 to Aug. 3 1 ....
4,401
6,793
2,454
4,230
Georgia.a.. . . . . . . . . . . Sept.
100,730
107,421
16,105
41,287
Jan. 1 to Sept. 30___
897,321
954,018 1221,262 1194,433
July 1 to Sept. 3 0 ....
283,157
287,303
164,176
182,046
Ga. South’n &Fla.b1fAug.
70,593
52,667
17,751 def.3,301
Jan. 1 to Aug. 3 1 ....
568,622
532,199
122,375
64,455
July 1 to Aug. 3 1 ....
145,790
117,505
32,775
3,628
Grand Rap. & Ind.. if Aug.
235,850
233,170
61,500
45,114
Jan. 1 to Aug. 31___ 1,599,470 1,964,226
380,504
357,326
Grand Tr’k of Can.1TAug. 1,587,042 1,738,914
494,860
452,136
Jan. 1 to Aug. 31....111,243,968 12,634,054 3,083,706 3,483,366
July 1 to Aug. 31___ 2,991,188 3,436,180
798,838
955,654
Chic. & Gr’ d T r.. .IfAug.
226,554
402,638 def.7,413
129,461.
July 1 to Aug. 3 1 ....
367,929
735.178 def.56,s48
217,31«
Det. Gr. H. & Mil.. If Aug.
104,286
107,430
21,067
23,232
BTOEJuly 1 to Aug. 31___
39,868
184,157
202,908
28,158
Golf & Chicago...blfSept.
3,335
2,621 def.1,136
def.437
Jan. 1 to Sept. 30___
^0,209
28,583
1,359
2,728
Hoos. Tun. & Wilm.. June
3,442
3,931
923
1,546
Jan. 1 to June 30___
17,829
18,227
4,341
4,752
Houst. E. & W. Tex...May
27,417
32,495
6,819
8,092
Jan. 1 to May 31___
164,578
179,515
50,132
50,168
J u ly l to May 3 1 ....
416,981
428,009
163,125
121,926
Illinois Central, a..Aug. 1,595,297 1,908,856
622,583
418,087
Jan. 1 to Aug. 31....11,324,740 13,599,422 2,672,390 4,102,120
July 1 to Aug. 3 1 .... 2,807,415 3,698,592
643,984 1,153,987
Ind. Dec. & West. .IfAug.
51,991
44,090
23,656
17,376
Jan. 1 to Aug. 3 1 .... 256,455
302,856
54,248
i 78,557
w July 1 to Aug. 3 1 ....
91.6C9
82,964
37,659
28,636
I T o t . LIX.
-Gross Marnings.-Net Maminas —
1894.
1893.
1894.
1893.
Roads.
$
$
$
146,569
Iowa Central........ b . Aug.
146,433
49,125
„45,243
Jan. 1 to Aug. 31 . . . 1,037,226 1,185,466
320,373
351,689
July 1 to Aug. 3 1 ....
273,616
277,811
88,566
84,310.
Iron Railway... .b.1f.Aug.
3,792
1,630
839
145
Jan. 1 to Aug. 31___
26,364
26,036
3,939
2,792
July 1 to Aug. 31___
6,830
3,551
1,656
def.52
Jack. Tam. &K. W...Aug.
35,428
32,546
2,420
def.989
Jan. 1 to Aug. 31___
545,901
557,019
218,393
195,148
L. Erie & West’n.b.lf Aug. 353,738
300,540
178,963
116,166
Jan. 1 to Aug. 3 1 .... 2,132,836 2,384,580
894,778
854,141
Kanawha & Mich, blf Aug,
36,190
33,187
9,423
12,566
242,746
Jan. 1 to Aug. 31___
235,284
59,469
68,320
July 1 to Aug. 31___
67,282
61.730
18,825
13,007
gKan. C.Ft. S.& M..a Aug.
402,317
380,762
127,921
82,969Jan. 1 to Aug. 31___ 3,099,436 3,436,009
917,766
736,422
July 1 to Aug. 3 1 .... 745,235
734,144
230,451
121,381
Kan.C. Mem. & B .a . Aug.
81,838
78,139
6,667
320
Jan. 1 to Aug. 31___
654,176
698,317
72,866
63,944
July 1 to Aug. 3 1 ....
154,899
151,034
13,805 def. 5,985
Keokuk & West’n b... July
26,470
28,238
5,539
5,548
Jan. 1 to July 31___
204,632
210,601
60,295
62,545
L. Erie All. & So. a lf. Aug.
7,5 45
6.471
1,284
1,386
Jan. 1 to Aug. 31___
46,364
52,075
6,195
8,567
Louisv.Ev.& St. L. blf Aug. 131,500
140,000
33,500
62.000
Jan. 1 to Aug. 31___
917,568 1,148,207
187,047
294,451
Louisv. & Nashv. b..Aug. 1,692,667 1,523,635
642,330
530,753
Jan. 1 to Aug. 3 1 .... 12,339,983 13,929,555 4,418,895 4,577,182
July 1 to Aug. 31___ 3,121,570 3,210,845 1,182,920
1,067,508
Louisv. N. A. & C .a .. Aug. 296,787
332,288
118,928
128,725
Jan. 1 to Aug. 3 1 .... 1,812,092 2,264,113
560,655
728,151
July 1 to Aug. 3 1 .... 516,958
649,289
194,955
239,586
Louii v. St. L. & Tex..IfAug. 39,753
42,238
8,629
14,100
Jan. 1 to Aug. 3L-------------~
—
273,112
384,228
49,312
132,326
Louisv. Southern__ Juae
45,349
49,912
10,665
3,824
July 1 to June 3 0 ....
601,457
690.609
46,885
182,533
Maeon & Birming..lf.Aug.
5,957
4,649
408
59
Jan. 1 to Aug. 31___
49,071
43,927
6,367
5,431
July 1 to Aug. 3 1 ....
12,817
10,197
2,044
845
Manistique........... 1f. Aug.
9,703
232
5,689
434
Jan. 1 to Aug. 31___
51,319
70,470
32,060
33,399
Mexican Central__ Aug.
651,567
639,698
179,064
201,790
Jan. 1 to Aug. 31___ 5,581,329 5,279,189 1,774,179 1,762,475
Mex. International.. Aug.
148,579
141,000
44,700
48,790
Jan. 1 to Aug. 3 1 .... 1,380,203 1,358,612
569,495
406,263
Mexican National» -. Aug.
348,222
319,029 f!50,762 f!27,682
Jan. 1 to Aug. 31___ 2,788,103 2,852,956 f 1,163,061 f 1,044,114
Mexican Northernli.. Aug.
45,397
23,115
Jan. 1 to Aug. 3 1 ....
4L0.5O8
218,402
Minn. &St. Louis.a...Aug.
169,436
130,817
69,847
48,578
Jan. 1 to Aug. 3 1 .... 1,065,081 1,130,550
370,260
357,224
July 1 to Aug. 31___
281,767
270,842
109,075
94,712
Mobile & Blrm. .....A u g .
20,796
22,830 def.3,667 def.5,078
W
July 1 to Aug. 3 1 ....
37,657
41,053 def. 11,466 def,17¡335
Nash. Ch. «teSt.L. b. IfSept.
377,813
253,541
165,650
165,083
Jan. 1 to Sept. 3 0 .... 3,372,678 3,573,519 1,346,970 1,388,510
July 1 to Sept. 3 0 ... 1,121,138 1,116,163
489.383
455,663
Nevada Central ...if Aug.
2,112
2,330
333
446
16,533
Jan. 1 to Aug. 31___
28,626
342
5,443
July l to Aug. 3 1 . . .
3,316
4,175
def.229
132
New Orl.&South.a.If.Aug.
6,626
7,343
def.483
def.798
Jan. 1 to Aug. 31___
60,871
78,862 def.3,209 def.4,291
July 1 to Aug. 31___
12,407
14,817 def. 1,478 def. 2,047
N.Y.L.E. & West’n c*Aug. 2,274,224 2,523.535 '787,476 *905,515
Jan. 1 to Aug. 31---- 15,673,504 19,526,552
HI
4,231,538 6,108,648
Oct. 1 to Aug. 31___22,979,261 27,407,424 "6,597,764 ’ 8,842,562
N. Y. Ont. & West.a.. Aug. 378,871
390,808
133,814
130,203
Jan. 1 to Aug. 3 1 .... 2,495,613 2,594,880
721,019
635,004
July 1 to Aug. 3 1 ....
748,652
788,899
256,426
266,774
N. Y. Sus. & West.b... July
144,895
164,407
41,551
79,730
Jan. 1 to July 31___
947,950
937,043
311,333
428,825
Norfolk & South.....Aug.
28,107
29,553
6,694
9,065
Jan. 1 to Aug. 31. .. '294,534
298,424
87,919
100,690
July 1 to Aug. 3 1 ....
59,576
64,271
17,502
14,440
Norfolk & West.a ..Aug.
959,030
818,888
237,900
286,265
Jan. 1 to Aug. 31___ 6,657,282 6,698,218 1,699,062 1,790,539
Northern Centralb.. Aug. 596,724
565,633
162,090
235,831
Jan. 1 to Aug. 31__ 3,793.788 4,626,353 1,120,461 1,358,913
73,059
Ohio River. b ............. Aug.
37,474
76,537
35,790
Jan. 1 to Aug. 31___
433,618
192,736
517,446
157,843
Ohio Southern...... -...Aug.
69,774
53,883
26,531
40.690
July 1 to Aug. 31 . . .
143,218
52,606
104,758
82,763
Oregon Imp. Co..a...A ug.
351,218
93,30
359,716
73.690
Jan. 1 to Aug. 31___ 2,534,037 2,533,780
435,64
469,903
Dec. 1 to Aug. 31___ 2,815,014 2,835,425
480,329
491,447
Penn, (east P.& E.).. Aug. 5,739,055 5,471,977 2,314.418 1,810,103
Jan. 1 to Aug. 31---- 36,746,557 41,909,441 10,593,952 12,176,075
Lines west P.& E.jAug.
In c. 152,392
In c. 289,433
Jan. 1 to Aug. 31___
Dec. 1,482,519
Deo.5,098,031
Peoria Deo. & Ev...1fAug.
45,800
45,000
104,600
83,000
Jan. 1 to Aug. 3 1 ___
155,325
250,500
548,703
592,040
Petersburg............If. Aug.
18,147
7,950
39,953
32,970
Jan. 1 to Aug. 31___
120,148
121,955
358,776
370,382
July 1 to Aug. 31. . ..
41,463
24,297
84,190
76,475
Philadelphia <fe Erie. Aug.
140,522
95,257
422,399
433,553
Jan. 1 to Aug. 31___ 2,494,855 3,437,785
635,777 1,043,736
Phila. & Reading.. ..Aug. 1, ,783,666 1,896,267
821,509
774,608
Jan. 1 to Aug. 3 1 ..
..12, 14,838,531 5,437,788 5,557,759
872,233
Dec. 1 to Aug. 3 1 .. ..14, 624,744 16,806,948 6,213,015 6,433,603
100,873
Coal & Iron Co.. ..Aug. 1 ,589,386 1,701,185 def.5,193
Jan. 1 to Aug. 31. ...1 3 455,099 14,704,593 def.10,895
256,207
244.953
Dec. 1 to Aug. 3 1 .. ..15 734,409 16,409,939
108.558
922,382
Total both Co’s.. ..Aug. 3 ,373,052 3,597,452
769,415
Jan. 1 to Aug. 3 1 ..
..26, 29.543,174 5,426,893 5,813,966
327,332
6,678,556
Deo. 1 to Aug. 3 1 .. ..30, 359,153 33,216,887 6,324,573
Pitts. C. C. & St L. IfSept.
Deo.
91,166
Deo. 36,919
Jan. 1 to Sept. 3 0 ..
..
Dec. 278,955
Deo.1,570,334
185
Pitts. Mar. & Chic, If.Aug.
2,874
2,459
248
2,214
Jan. 1 to Aug. 3 1 ..
..
21,070
3,841
25,125
21,818
Pitts. Youngs. & A. IfSept.
126,188
75,50?
61,791
426,022
Jan. 1 to Sept. 3 0 .. .. 826,843 1,055,07S
324,117
303
Port Royal & Aug. ...July
17,430
17,871 def. 5,9 SI
20,943
Jan. 1 to July 3 1 ..
..
158,220
164,894 def.4,071
OCTOBER
20, 1894.1
— Gross Earnings.1894.
1893.
$
$
21,753
21,807
ooin. Om. & K. C .b .. Sept.
171,337
^ Jan. 1 to Sept. 3 0 . . . .
203,437
52,617
45,524
Rich. Fred. & P ot:. ITAug.
470,034
B Jan. 1 to Aug.3 1 ....
522,450
106,193
99,978
July 1 to Aug.3 1 ....
27,022
23,136
Rioh. & Petersburg.H Aug.
224,513
236,826
Jan. 1 to Aug. 31—
56,515
51,529
July 1 to Aug. 3 1 ....
37,955
Rio Grande South . b f Aug,
26,100
230,913
349,854
Jan. 1 to Aug. 31 —
69,612
51,511
July 1 to Aug. 3 1 ....
wo Grande West.b.. Aug.
193,628
182,439
Jan. 1 to Aug. 3 1 .-.. 1,300,035 1,491,367
July 1 to Aug. 3 1 ....
341,677
380,355
12,112
gag,Tus.& Huron.. IT. Aug.
11,634
77,771
Jan. 1 to Aug. 3 1 . . .
85,014
gaÄ. Valley & St. L .. Aug.
7,358
7,525
58,604
Jan. 1 to Aug. 31---63,106
126,357
1X2,115
gt.L. A. & T. H .b — July
Jan. 1 to July 3 1 ....
729,196
912,367
at, Paul & Dui. .b..1f. Aug.
146,745
134,389
Jan. 1 to Aug. 31---897,441 1,113,630
July 1 to Aug. 3 1 ....
270,357
286,230
165,884
ean Ant. & Aran. P..Aug.
124,672
Jan. 1 to Aug. 31 —
961,347 1,097,528
SanFr.&N.Pae. a .. IfSept.
86,055
77,777
Jan. 1 to Sept. 30___
618,429
620,334
July 1 to Sept. 3 0 ....
253,520
235,852
Say,Amer. <fe Mont. UAug.
33,374
30,828
Jan. 1 to Aug. 3 1 ....
273,819
323,630
July 1 to Aug. 31—
65,864
66,196
gay. Fla. & West;..b.Aug.
249,137
218,125
Jan. 1 to Aug. 31___ 2,098,336 2,081,209
July 1 to Aug. 3 1 ...,
508,474
454,018
gilverton............... "T-Aug.
8,752
8,221
Roads.
Southern P a c i f ic —
THE CHRONICLE.
—Net Earnings.----1894.
1893
$
6,365
4?800
47,894
47,295
18,098
6,324
168,731
173.717
18,986
35,679
3,126
2,827
56,116
54,246
12,675
6,786
12,095
18.896
109,813
145,178
35.896
13,780
52,761
71,009
362,582
522,995
97,474
156,034
4,341
2,701
20,034
27,060
2,451
1,992
17,449
18,697
58,313
45,257
300,372
342,849
60,181
43,429
260,855
231,497
105,157
81,464
69,315
4,000
87,054
122.717
40,681
32,005
218,688
189,685
116,219
90,988
1,305 def. 1,909
12,126
24,694
4,076
842
42,627
18,415
679,691
664,294
93,644
49,223
4,871
4,931
Gal.H. & S.Aut.blf.Aug.
333,866
278,407
103,327
34,755
Jan. 1 to Aug. 31.. 2,525,464 2,762,917
636,007
588,093
Louisiana West, blf Aug.
76,939
70,138
37,624
25,687
Jan. 1 to Aug. 31..
592,780
719,471
259,237
322,650
STgan’s La. & T. blf Aug.
436,434
342,302
108,202 def.18,976
Jan. 1 to Aug. 31.. 3,452,557 3,222,111
551,174
462,002
K.Y.Tex. & M .. blf.Aug.
26,832
17,766
14,423
5,112
Jan. 1 to Aug. 31..
149,237
150,504
45,335
36,978
Texas & N. 0..b.1fAug.
124,002
117,593
56,252
33,441
Jan. 1 to Aug. 31..
963,129 1,198,362
386,183
536,486
Atlantio sys.. b.|[.TTAug. 1,007,374
832,808
313,129
83,493
Jan. 1 to Aug. 3 1 .... 7,751,867 8,224,976 1,867,603 1,951,904
Pacific system. b.lf Aug. 3,126,996 3,184,602 1,288,125 1,400,533
Jan. 1 to Aug. 31.. 19,811,516 22,957,937 6,903,247 8,491,334
Total of all.b....A u g. 4,134,370 4,017,410 1,601,254 1,484,026
Jan. 1 to Aug. 31....27,563,383 31,182,913 8,770,850 10,446,238
fio. Pao. of Cal... ITAug. 817,452
993,251
335,878
485.876
Jan. 1 to Aug. 31.. 5,845,831 7,066,360 2,196,637 2,883,681
So. Pac. of Ariz’a.lf Aug.
164,575
133,365
46,009
36,953
Jan. 1 to Aug. 31.. 1,281,685 1,340,192
423,851
453,883
So.Pao. of N. M. blf. Aug.
79,204
61,404
6,578
9,015
Jan. 1 to Aug. 31..
589,705
629,788
77,126
233,778
Southern Railway.l.Aug. 1,281,466 1,139,091
380,657
231,901
Staten I. Rap. Tr. blf. Aug.
131,508
122,701
67,801
62,286
Jan. 1 to Aug. 31__
750,092
725,976
297,167
252,308
July 1 to Aug. 3 1 ....
287,475
269,850
156,803
145,955
StonyCl. & C. M .. blf Aug.
11,419
10,817
7,869
6,892
Jan. 1 to Aug. 3 1 ....
33,697
36,739
15,741
10,643
July 1 to Aug. 31___
20,804
21,879
13,823
14,503
Summit Branch— TfSept.
77,706
104,437 def. 2,713 def.1,451
Jan. 1 to Sept. 3 0 ....
670,942
933,136 d “f,41,043
70,455
Lykens Valley...TfSept.
79,074
86,199
1,710
722
Jan. 1 to Sept. 3u..
602,512
795,284 def.35,703
45,135
Total both Co’s.. 1fSept.
156,780
190,636 def. 1,003
def.729
Jan. 1 to Sept. 30.. 1,273,454 1,728,420 def.76,746
115,640
ïenmCoal I.& R R .kA u g...................
............
36,700
55,600
Jan. 1 to Aug. 31........................
........
361,900
535.000
Feb. 1 to Aug. 31 ........................
............
290,700
469.000
lex. Sab'.V. & N.W.Tf Aug.
3,647
1,452
4,244
1,518
Jan. 1 to Aug. 3L___
26,854
35,111 def. 1,85 4
11,151
Tol. A. A. & No.-M.1f. Aug.
102,585
86,031
28,715
1,375
Jan. 1 to Aug. 31___
694,597
688,396
166,957 def.93,588
Toledo & O. C en t.b.. Aug.
239,178
149,548
109,341
48,948
Jan. 1 to Aug. 31___ 1,078,933 1,282,272
370,750
421,817
July 1 to Aug. 3 1 ....
409,064
315,011
171,617
106,579
foLPeoria «fcWest.blfSepc.
87,635
99,086
26,261
30,001
Jan. 1 to Sept. 30___
648,149
719,078
128,877
168,038
July 1 to Sept. 5 0 ....
247,757
258,010
67,102
66,477
Ulster & Delaw’e .. -If Aug.
55,807
56,026
24,677
28,209
Jan. 1 to Aug. 3 1 ....
279,911
291,087
80,296
98,096
Julyl to Aug. 3 1 ....
105,015
110,639
43,814
52,452
Union P a cificUnion Pac. Ry..blT Aug. 1,447,925 1,324,973
570,864
510,234
Jan. 1 to Aug, 31___ -9,111,761 11,169,077
-2,655,579 4,047,430
Oreg.S.L.&U.N. blf Aug.
513,747
423,704
205,793
147,467
Jan. 1 to Aug. 3 1 .... 3,193,101 4,103,362
893,481 1,540,126
St.Jos. & Gd. Isl. blf Aug.
75,463
78,535
24,629
23,463
Jan. 1 to Aug. 3 1 ....
541,814
655,481
125,801
197,719
Kan. C. & Om...b.fAug.
6,554
11,567 def.6,317 def. 1,153
Jan. 1 to Aug. 3 1 ....
72,347
113,633 def.17,044
19.488
Cent. Branch...blf.Aug.
23,227
37,907
9,661
14,870
Jan. 1 to Aug. 3 1 ....
269,646
315,855
99,543
106,619
Atch. C. & Pac. i KTri„ „
28,934
36,807
def. 815
6,060
At.Jew.C. & W. 5 b ^Aug.
Jan. 1 to Aug. 3 1 ....
247,151
348,468
9,031
15,414
Montana Union b. If Aug.
31,901
71,121
4,792
18,514
Jan, 1 to Aug. 3 1 ....
229,876
551,379
30,755
131,319
Man.Alma & B. blf . Aug.
3,706
3,130
def. 176 def.2,504
Jan. 1 to Aug, 3 1 ....
27,494
27,100 def.7,542 def. 16,583
Rrand Total. .b. t.If Aug. 2,266,429 2,092,161
___,___
785,904
694,972
Jan. 1 to Aug. 31..-.14,968,129 18,831,785 3,633,533 6,009,890
Ore. Ry.& N.Co,b.. June
97,677
337,961 df. 106,872
82,627
Jan. 1 to June 3 0 .... 1,228,091 1,355,510 df. 176,947
339,918
UmP.D.&Gulf.b. -,Aug.
239,449
198,196
54,243
def. 4,647
Jan, 1 to Aug. 3 1 .... 1,731,026 2,459,821
271,233
383,725
Ft,Worth&D.C.b...June
74,044
120,174 def. 10,410
26,863
Jan, 1 to Jjiue 30.
513,654
760,866
39,582
170,320
693
— Gross Earnings.— Net Earnings.1894.
1893.
1894.
1893.
8
$
$
$
Aug. 1,227,853 1,243,361
Wabash.b........
426,593
303,953
Jan. 1 to Aug. 31__ 7,328,951 8,928,202 1,601,822 1,931,546
J u ly l to Aug. 3 1 .... 1,991,454 2,394,144
543,529
547,523
12,531
Waco & Northw’n.lf- Aug.
13,461
2,723
4,209
Jan. 1 to Aug. 31___
107,910
122,134
29,036
37,525
West Jersey & Brs.lf Aug.
230,791
234,126
98,460
90,768
Jan. 1 to Aug. 31___ 1,093,673 1,208,527
315,534
316,593
West Va. Cent. & P..Sept,
89,879
100,350
26,579
35,178
Jan. 1 to Sept. 30.1..
739,031
886,989
257,711
323,689
J u ly l to Sept. 3 0 ....
301,016
274,694
103,386
91,945
W. Virginia & Pitts... July
31,046
37,240
17,437
18,995
Jan. 1 to July 31___
209,072
236,055
113,306
117,133
Western Maryland.. Aug.
146,901
130,483
75,039
55,682
Jan. 1 to Aug. 31___
810,240
799,081
294,138
247,537
Oot. 1 to Aug. 3 1 .... 1,070,278 1,085,491
361,935
339,813
West’ n of Alabamalf Aug.
39,556
32,830
14,386
7,939
Jan. 1 to Aug. 31 . . .
317,352
294,978
69,956
38,216
July 1 to Aug. 31___
73,530
23,975
65,987
14,534
West.N.Y.& Penn. b.. Aug.
326,215
299,021
132,147
74,273
Jan. 1 to AUg. 31___ 1,951,658 2,399,836
588,923
670,420
July 1 to Aug. 31___
635,265
611,336
146,394
259,485
Whitebr’st Fuel Co. h Aug.
def.316
10,338
Jan. 1 to Aug. 31___
42,203
97,954
July 1 to Aug. 31___
4,094
14,510
Wrightsv. & Tenn__ July
7,960
5,194
1,230
1,695
Jan. 1 to July 3 1 ....
41,103
42,410
12,512
3,678
a Net earnings here given are after deducting taxes,
b Net earnings hare given are before deducting taxes,
c Net earnings here given are after deducting taxes on property,
d Consolidated lin e; includes Ohio & Mississippi,
e Includes Milwaukee & Northern for ail the period in both years.
t After deducting ocher expenditures for repairs, replacements and
general expenses, net income applicable to interest on bonds in August
was $30,463, against $79,259 last year, and for eight months to
August 31 $577,743, against $574,191 last year. Mexican dollars are
treated as equivalent to 80 cents United Stages money, and all depre
ciation beyond 20 per cent is charged in the abóye items. Adding
earnings received from Federal government total net available for
interest for eight months in Mexican currency on the 80 cents bads
was $6o5,416, against $174,191 last year.
S Includes Current River and Kansas City Clinton & Springfield
roads
3
h Expenses for August included cleaning up and starting Illinois
mines after four month’ s idleness.
1 Including other income, net from January 1 to September 30 was
$313,063, against $243,012, and from July 1 to September 30 $94,696,
against $99,249
'
j Does not include Grand Rapids & Indiana and Vandalia systems
formerly included in the monthly statements.
k. Close of strike, special expenses incurred iu cleaning up, pumping
out, firing ovens, etc.
.
1 This-statement is for 3,738 miles for both years, being the entire
system as now included in Southern Railway, except the Georgia
Pacific and Louisville Southern,
" After deducting proportion due roads operated on a percentage
basis.net m Aug., 1894, was $569,292, against $672,863 in 1893; for
eight months from January 1 to Aug. 31, $2,842,763 in 1894, against
$4,393,030 in 1893, and for eleven months from October 1 to Aug. 31,
$4,535,969, against $6,404,747.
t Includes only one-half of lines in which Union Pacific has a part
interest. Figures are given exclusive of results ou Oregon Railway &
Navigation, Union Pacific Denver & Gulf, Fort Worth & Denver City
and Leavenworth Topeka & Southwestern.
||Including income from ferries, &o.
ITA paragraph mark added after the name of a road indicates that
the figures for that road for the period given have not previously been
published by us.
Roads.
Interest Charges and Surplus.— The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, & c., with the surplus or deficit
above or below those charges,
<-Inter’t, rentals, d i e , r-Bal. o f Net Earns.
1894.
1893.
1894.
1893.
Roads.
$
$
$
Camden & A tL ___If.Aug.
17,167
12,784
102,957
92,352
Jan. 1 to Aug. 3 1 ....
102,881
90,167
139,985
85,895
Chic.Burl. & Quincy. Aug.
800,000
822,881
531,927
303,179
Jan. 1 to Aug. 31___ >,400,000 6,583,047 1,087,521 1,285,518
Chic. & West Mich... Aug.
32,758
32,758
9,312 def. 2,89 2
Jan. 1 to Aug. 31___
262,036
261,456 def.9 7,036 def.58,824
Clev.Cin. Ch. & St. L .. Aug.
233,857
224,204
93,739
86,460
July 1 to Aug. 31___
466,325
442,587 def.34,010
104,654
Peoria & Eastern.. Aug.
36,802
36,802
14,279 def. 11.45 5
J u ly l to Aug. 3 1 ....
73,604
73,694
- 7,313 def.27,930
Denver & Rio Gr’de. Aug.
203,127
201,130
94,224 def.45,570
July 1 to Aug. 3 1 ....
407,066
403,001
25,878 df,136,728
Det. Lans. & N or/... Aug.
30,351
26,243 def.2,192
1,859
Jan. 1 to Aug. 3 1 ....
241,226
2 LO,250 df. 134,741 def.65,73 4
Flint & Pere Marq... Aug.
51,195
51,262
10,644
3,895
Jan. 1 to Aug. 3 1 ....
412,353
401,50L 1 10,551
49,412
Kanawha & Mich... IfAug.
10,712
6,142 def. 1,289
6,424
* Kan. C. Ft. S. & M .. Aug.
109,803
112,676
18,118 def.2 9,707
July 1 to Aug. 3 1 . . . / 218,074
221,574
12,377 df.100,193
Kan. C. Mem. & Bir.. Aug.
11,228
39,107 def. 4,5 SI def.38,787
July 1 to Aug. 3 1 ....
22,457
78,214 def.8,652 def. 8 4,19 9
Lake Erie & West’n.lf Aug.
56,938
54,431
122,025
61,735
Jan. 1 to Aug. 3 1 ....
450,275
431,300
444,503
522,341
Nash v. Chat & St. L. If Aug.
127,745
121,081
37,905
44,002
July 1 to Aug. 3 1 ....
381,841
365,778
107,542
89,885
Sag. Valley & St. L .. Aug.
3,557
3,557 def.1,106 def.1,565
Jan. 1 to AUg. 3 1 ....
28,455
28,455 def. 11,006 def.9,75 8
St. Louis Alt.&T.H....July
34,234
39,267
24,079
5,990
San Fran.&No.Pac IfSept.
17,233
17,342
23,448
14,660
July 1 to Sept. 30___
51,700
52,028
64,519
38.963
Tenn. Coal I. & RR..Aug.
60,300 def. 23,000 def.4,700
59,700
Feb. 1 to Aug. 31___
417,900
422,100 df. 127,200
46,900
Toledo & Ohio Cent. Aug.
34,087
25,448
t76,167
123,545’'
July 1 to Aug. 31___
69,298
50,659 1103,592
156,060
West Jersey &jBrs,lf Aug.
36,599
37,403
61,861
53,360
Jan. 1 to Aug. 3 1 ....
172,453
171,170
145,423
143,031
1J A paragraph mark added to the name of a road indicates that the
figures for that road for the period given have not previously been
published by us.
* includes Current River and Kan. C. Clin. & Springfijll.
1 After allowing for other income received.
THE CHRONICLE
694
ANNUAL REPORTS.
Northern Pacific Railroad.
(F o r the year ending June 30, 1894 )
The annual report of the Northern Pacific Railroad Com
pany will not be published for some weeks, but by means of
the figures presented at the annual meeting October 18 the
following statement has been compiled :
President Ives, in presenting the annual statement, re
marked that there was one ray of comfort attending the un
favorable showing of the report in that since August 1 earn
ings have not only shown a decided improvement over the
previous few months, but a substantial improvement over the
earnings of the corresponding period last year. The improve
ment during the present month has not been quite as marked
as on the two previous months, but continues.
Recent re
ports are encouraging.
The crops in the Washington terri
tory are better both as to quality and volume.
A n enormous
lumber and shingle traffic is being done and the mining in. dustry shows decided improvement in both Colorado and Da
kota.
In the following statement of gross and net earnings the
operations of the “ Wisconsin Central Lines” are included
for the first three months of the last fiscal year, July 1 to
September 26, 1893, but from the figures of the earlier years
they are excluded entirely.
This is done in order that the
comparison may be as nearly correct as possible. In the year
1892-93 the gross earnings of the “ Wisconsin Central Lines,”
here excluded, were $5,631,194 and the net $1,771,967. From
this may be determined in some measure how far the W is
consin Central disturbs the comparison.
1890-91.
1891-92.
1892-93.
1893-94.
4,222
4,412
4,443
Mileage.....................
$
Earnings—
$
$
$
6,680,491
5,917,054
6,296,285
Passenger................. 4,639,864
Freight..................... 12,378,402 17,017,629 17,383,772 17,531,222
981,400
939,831
985,425
883,810
Mail, express, e tc ...
T o ta l................. 17,902,076 23,920,108 24,661,457 25,151,544
Oper, expenses—
4,150,322
3,775,519 3,782,731
Main, o f way, e tc ... 3,421,008
2,014,413
2,189,048
2,278,990
Maint’nce of equip.. 1,409,637
6,874,356
7,039,446
6,774,345
Trans, expen............ 6,374,612
1,504,864
1,561,596
1,545,384
1,642,918
General....................
460,594
400,985
462,340
565,914
Taxes....................... . .
Total................... .13,316.555 14,934,112* 14,577,349 15,400,996
9,750,548
8,985,996 10,084,108
4,585,521
Net earnings........ .
61*23
59*11
62*43
74*38
P. c. exp. to earn___
The income account for 1893-94 in full is as below. A ll the
charges are given, though much of the interest remains un
paid. Of the “ other income” the $157,500 in dividends upon
St. Paul & Northern Pacific stock was not received until
after the close of the fiscal year, while the interest on Chi
cago & Northern Pacific bonds of $51,750 is simply a book
asset, the interest being in default. Of the charges against in
come the Court has authorized the payment of the $1,680,373
due for rental of tracks and equipment; the $3,286,010 of in
terest and sinking fund on the first mortgage; the interest on
the Missouri and Pend d’Orielle division bonds, $202,020; the
interest on the collateral trust notes, $529,280, and on the
floating debt, $314,346, and various smaller items aggregating
$335,132. The total amount of payments authorized by the
Court is $6,347,131.
INCOME ACCOUNT 1893-94.
Charges (continued)—
Net from operation.......$4,585,521 Int. and sinking fund—
General 1st mortge. $3,286,010
Div. St. P. & N. P. stock.
157,500
General 2d mortge. 1,400,000
Int. O. & N. P. bonds...
51,750
General 3d mortge..
800,185
Int. & div. on o f er inv.
133,514
Missouri Div. mtge..
149,100
Rental of tracks, etc__
246,522
Pend d’Oreille D iv..
52,920
Receipts from sales of
Interest
on—
land cov. by gen. 1st
Consol, mtge. bonds. 2,262,794
mort, applicable to
Dividend certfs. . . . .
31,170
sinking fund...............
159,362
Collat. trust notes...
529,280
Sundries............
77,865
Receivers’ certfs___
82,263
Branch road bo’dsin
Total income..............$5,412,034
hands of public —
913,439
Charges—
Sink, funds, br. roads.
160,285
Rentals of track and equipment.
Wisconsin Central C o..$392,040 Interest other than on
funded debt..............
314,346
Chic. M. & St. P. Ry. Co. 16,839
Chic. & Nor. Pac. R R ... 83,611 Guarantee to Yellow
52,996
stone Park Asso.......
St. Paul & N. P. Ry. Co. 822,815
16,339
Great Notthern Ry. Co. 30,368 Loss on Manit. H otel..
13,289
Minneap’lis Un. Ry. Co.. 57,420 Loss on P.S.&A. SS.Co.
Northern Pac. Term. Co 64,947 Loss on C. & N. P. RR.
July 1 to 8ept.26,’ 93.
159,329
Term, prop., Winnipeg..
233
10,914
Northwest Equip. Co. .. 210,OOo Miscellaneous............
Union Station, Ashland
2,100
Total charges......... $11,915,039
$1,680,373 Deficit........................ . $6,503,004
[V ol. L1X,
Then came the strike of railway employes, which while not
leading to any serious complications with the employees of
the company, contributed somewhat to the unsatisfactory
results for the month of June. A ll considered, “ we believe
the year’s' operation promises gratifying results under future
normal conditions.”
The new board, elected October 16,1893, immediately pro.
ceeded to provide for the floating debt of the Evansville &
Terre Haute and Evansville & Indianapolis companies which
October 1, 1893, exclusive of equipment notes, amounted to
$902,031. This entire debt has been paid with the exception of
small amounts due the Evansville & Indianapolis RR. Co.
from the proceeds of the sale of treasury securities, and
through the increase late in 1893 of the capital stock of the
Evansville & Terre Haute. A t the close of the fiscal year
there was no floating debt other than current traffic balances
and bills.
The balance to credit of income has been reduced $3,057,199
by charging that account with the difference between the par
value of, and the amount realized upon, the additional capital
stock and the amount representing impaired equipment
($359,379); also by transferring to suspense account an amount
representing claims of doubtful or no value against bankrupt
corporations and individuals, etc. Since the Peoria Decatur
& Evansville RR. Co. and Louisville Evansville & St. Louis.
RR. Co. are paying no interest on their loans and securities
held by the Ev. & T. H ., said interest is now credited to sus
pended income account, thereby causing a reduction in the
income from this source as compared with last year.
Three and one-half miles of 52-pound rail has been reolaced
with heavier steel. Four miles iron rail on Mt. Vernon
Branch have been displaced by 52-pound steel. Fourteen
miles of track have been ballasted with gravel and two miles
with cinders. The ties renewed aggregate 89,458.
The equipment has been well maintained and is ample for
all present requirements; 96 5 per cent of the cars are avail
able for service.
On April 1 the Peoria Decatur & Evansville Railway and
Louisville Evansville & St. Louisville Consolidated Railroad
Companies withdrew from the use of the Evansville & Terre
Haute terminals at Evansville, changed conditions rendering
this move desirable. Aug. 15 an agreement was executed
with the Terre Haute & Indianapolis under which the
Evansville & Indianapolis and Evansville & Terre Haute oc
cupy jointly with the Chicago & Eastern Illinois for a period
of ten years the passenger terminals of the Terre Haute &
Indianapolis at Terre Haute.
Feb. 28,1894, the Evansville & Richmond RR. was placed
in the hands of a receiver. The validity of the Evansville &
Terre Haute guarantee on their bonds being a subject of liti
gation, no figures are given showing the result of operations
other than the actual deficit paid by the Evansville & Terre
Haute Railroad Company to Feb. 28—$11,667. There is still
due from the Evansville & Richmond RR. Co. $128,152.
Equipment— Locomotives 55, decrease 2; cars in passenger
service 39, decrease b; freight service 4,543, increase 27.
Total tons of freight carried in 1893-94 (exclusive of com
pany’s freight) were 949,688, bituminous coal contributing
453,053 tons, against 463,801 in 1892-93 and 356,432 in 1891-92.
The yearly statements compare as follows :
1890-91.
1893-94. 1892-93.
1891-92.
161
Total miles operated........
165
165
16o
284,335
Passengers carried.......373,999
357,615
312,464
9,561,724
Pass.carried one m ile ....17,628,270 14,479,090 11,045,884
Rate per pass, per mile... 2-043 cts. 2-238 cts. 2'604 cts. 2-638 cts.
Freight (tons) carried__
949,688 1,194,084 1,108,619 1,042,167
Freight (tons) one m ile..55,822.840 71,774,840 76.170,551 71,188,709
Rate per ton per m ile.... 1*105 cts. 1-070 cts. 1*010 cts. 0*993 cts.
Earnings—
$
*
§1*_
Passengers........................
360,198
324,059
287,639
252,22»
Freight..............................
616,984 768,188
769,615
706,839
Mail, express, &c_____. . .
182,754
193,425
168,159
143,565
Maintenance of way. &c..
Maintenance of equip’t..
Conducting transportat’n
Per ct. of exp. to earns...
Other income................ .
Dividends....................... .
Miscellaneous and taxes.
1,159,936 1,285,672 1,225,413 1,102,629
101,613
107,094
152,342
118,793
105,392
106,835
107,485
89,481
272,324
275,963
315,304
298,165
95,764
86,529
97,382
104,532
644,520*
515,416
(54-94)
13,158
638,964
646,708
(49-70)
46,651
576,421
648,992
(47*04)
100,233
575,093
527,536
(52*15)
44,056
528,574
296,641
693,359
275,925
300,000
58,362
749,225
229,925
180,000
42,636
571,592
221,175
165,000
32,851
102,507
419,026
452,561
634,287
152,566
296,664
59,072
GENERAL
BALANCE
SHEET
JUNE
30,1894.
(F o r the year ending June 30, 1894.)
Assets —
Liabilities—
___
The report of Vice-President H . C. Barlow says in part:
$6,273,147 Capital s to o k ............ $3,996,683
Construction........
“ The depression that came upon the commercial interests of E
Funded
d
eb
t..........
.
5,895,000
quipm ent................ 2,563,088
128,979
the country during the early part of 1893 has continued Material on hand!___
45,177 Bond int. accru ed---5,188
190,476 Unclaimed dividends.
through the financial year. The benefit derived from a large Cash on hand.............
33,132
earnings.
256,997 E. & I. RR. Co............
650
W orld’s Fair passenger business has been offset by a decrease Uncollected
Loans
&
bills
payable.
Bills receivable..........
72,045
155,327
_ in your freight earnings and income from other sources. The Advances...............i. ..
171,517 Pay-rolls & vouchers..
368,218
Equip,
notes
not
due..
W> great coal miner’s strike effectively closed down from April Bonds & stocks own’d* 2,362,356
221,969 Income a cco u n t....... 1,o8 i ,4oj.
31st to June 15th every coal mine the operation of which con H. I. Nicholas & C o ,...
Accts. in suspense---107,865
tributed to the revenues of your properties, the direct result
T ota l..................... ..$12^264,638
being a large diminution in your traffic receipts, not only
T o ta l...............
$12,264,638
from coal tonnage but from all other traffic. During the
""^"Includes Evans. Belt Ry. stock, $95,650; E. & R. RR. Co. % ck
month of May the constant presence of the State militia was (par $1,500,000), $100; E. & I. RR. stock, $2,000,000; W. Jack. Hih
necessary to protect your property and enable us to operate Co., &C;, stook, $135,406; L. E. & St. L. 4 p c. gen. mort. bonds, $3b,
750; E. & T. Haute 1st gen. mort. bonds, $29,000; other $15,450.
the road.”
Evansville & Terre Haute R ailroad Co.
Total disbursements.
,
339,148
129,426
OCTOBER
695
THE CHRONICLE.
20 1894,1
Western New York & Pennsylvania Railroad.
West Virginia & Pittsbnrg Railroad.
(F o r the year ending June 3 0 ,1 8 9 4 .)
( F or the year, ending June 30,1894. J
The report of Mr. A . H. Kunst, Vice-President and Genera I
The remarks of President Samuel G. De Coursey from the
Manager, states that the gross earnings for the year,
annual report are given at length on another page.
4 The tabular portion of the report contains many facts of as compared with those of last, diminished $14,763,
interest, from among which the following are selected. The or 3*67 per cent, the decrease being due to the pro
total freight traffic in 1893-94 aggregated 3,481,237 tons tracted depression in business throughout the country.
Lainst 4,607,475 tons the previous year. Bituminous coal For the first seven months there was an increase of $27,carried aggregated 1,016,400 tons against 1.758,516 ; anthracite 596. During the year there was a decrease of $2,919 from tele«74 557 tons against 284,512; lumber 791,007 tons against $12,828, while for the last five months the loss was
Q05*792 ; merchandise 414,349 tons against 443,894 ; refined oil graph earning-«, the telegraph lines having been sold July 1st,
1893, to the Western Union Telegraph Co. The percentage of
260 190 tons against 377,579.
The additions to cost of road and equipment aggregated operating expenses for this year was 45 ‘8, a decrease of 1 per
$149.661. The principal items of improvements were as fol cent, the physical condition of the road being maintained
lows: 84,241 cubic yards of earth moved in widening embank fully up to its standard.
The equipment mortgage notes of $139,400, issued October
ments and excavations and filling trestles ; 3,043 cubic yards
of rip-rap used in protecting road-bed and bridge masonry ; 8 15th, 1892, on account of the purchase of 350 Lumber Line
bridges (12 spans) of iron and iron and steel, aggregating box cars, costing in the aggregate $174,300, have been re
1 209*75 feet erected, replacing wooden bridges; 206,740 cross duced to $104,580, by payments on principal.
The total number of passengers carried during the year was
ties (mostly white oak) put in main track and sidings, 20 83
miles (2,197 tons) of standard section 67-lb. steel rail put in 139,309, a decrease of 27,800; the average rate per passenger
main track, replacing worn rail ; 56,818 cubic yards of first- per mile was 3'45 cents. Total number of tons of freight car
class gravel distributed for ballast ; 64-4 miles of track bal ried was 178,039, a decrease of 5,727; average rate per ton
lasted; 26 sidings (1*81 miles) built and extended ; 47'8 miles per mile was 2*68 cents. Of the tonnage in 1893-94 lumber,
offen ce were built or re-built to the standard plan, etc. [O n staves and logs contributed 113,913 tons, a decrease of 2,121
June 30, 1893, the Pennsylvania State RR. Commissioners tons.
‘A number of portable saw-mills have been located in the
show the number of wooden bridges to have been 35 and of
wooden girders 418 ; trestles 227, aggregating 37,164 feet in section of the country tributary to the road during the year,
and there is at this time a large amount (not less than
length.]
The equipment June 30, 1894 included : Locomotives 153 ; 30,000,000 feet) of manufactured lumber in stock awaiting
shipment as soon as the state of the market will justify. I
cars in passenger service 126 (21 narrow gauge); freight 8,087
(80 narrow gauge;) miscellaneous 44(1 narrow gauge); iron think it can, therefore, be safely predicted that as soon as
confidence in business is restored traffic on the road will be
gondola cars leased 392.
The comparative tables of statistics, compiled in the usual largely increased and its revenues correspondingly aug
mented.”
V
;
form for thè C h r o n ic l e , are as follows :
During 1893-94 there was charged to construction and equip
O P E R A T IO N S AN D F IS C A L RESU LTS.
ment account $365,275, of which $252,359 for additional roiling
1891-92.
1890-91.
stock and $93,827 for “ construction interest and discount.”
1892-93.
1893-94.
639
669
639
643
E A R R IN G S , E X P E N S E S A N D C H ARG ES.
Miles of road oper’d.
Operations—
1891-92.
1892-93.
1893-94.
1,522,867
1,711,379
1,689,546
Passengers carried. 1,459,668
109
145
. 159
Pass. car. one mile.. 31,449,065 35,4 5,480 33,518,458 31,406,571
$118,822
$98,289
.$104,240
2-315 cts.
2 *394 Cts.
‘¿•200 cts.
2-177 cts.
Rate per pass. p. m.
167,451
246,462
.
231,703
4,362,492
4,433,947
4,607,475
Freight (tons) oar’d. 3,481,237
22,021
37,433
. 52,006
Fr’ht (tons) car. l m . 381,951,169 507,545,024 443,332,206 445,981.766
0 600 cts.
0-602 cts.
Rate per ton p. m ... 0'5662 cts. 0-5514 cts.
$287,761
$402,717
.$387,949
$
$
Earnings—
$
$
$49,104
$62,240
. $44,655
752,979
775,981
691,802
772,167
Passengers...............
8,307
15,675
of equipment. . 18,499
2,677,695 Maintenance
2,798,916 2,669,901
Freight........ ............ 2,162,694
88,784
59,088
.
94,455
Conducting
transportation.
134,274
131,995
145,556
157,406
Mail, express, & c...
13,146
21,834
. 20,001
3,562,669
3,716,639
3,580,156
Total earnings.. 3,011,902
$129,645
$188,533
.$177,610
Expenses $158,116
$214,184
.$210,339
626,994
609,349
633,245
591,626
Maint, of w ay,& o...
(45-1)
S
(45-8)
(46-8)
507,083
519,633
478,060
415,620
Maint, of equipment
118
1,158,072 Other income .
1,093,026
1,193,797
Conducting trânsp’n 1,019,941
194,029
193,633
187,164
194,347
General............. .
$159,164
$214,184
Total.................................$210,457
$113,693
$189,437
Int. on bonds & equip. notes.$206,913
4,005
12,663
2,398,360
2,485,782 Taxes......................... ............ 15,492
2,517,126
Total.................. 2,214,355
1,199,513
1,181,796
1,076,887
797,547
Net earnings..........
$117,698
$202,100
Total...............................$222,405
67-72
66-9
sur.$41,466
69-7
73-52
sur. $12,084
P, c. of exp. to earn.
Balance.................. .......d e f.$ ll,9 4 3
BALANCE SHEET JUNE 30, 1894.
IN CO M E ACCOUNT.
Receipts—
Nét earnings..........
Other income...........
1893-94.
$
797,547
711
1892-93.
$
1,199,513
1,006
1891-92.
$
1,181,796
1890-91.
$
1,076,887
4,074
Total........... .... .
Disbursements—
Int. on 1st mort’s ...
Int on reales, morts.
Int. on equip, notes.
Taxes........................
Miscellaneous..........
798,258
1,200,519
1,181,796
1,080,961
502,460
14,654
39,357
99,735
26,400
503,138
15,164
31,699
102,848
26,400
503,500
17,022
43,087
86,773
2,358
503,500
21,586
20,836
86,851
Total..................
Surplus for y e a r....
682,606
* 115,652
679,249
521,270
652,740
529,056
632,773
448,188
* There was expended for equipment notes, betterments, etc., $372,148, leaving a delict for the year of $¿56,497.
G E N E R A L B A L A N C E SH E E T JU N E 30.
1892.
1894.
1893.
$
Assets—
$
$
Road and equipment...... . . .............63,130,883 62,981,222 62,794,677
Stooksandbondsowned .............. *10,937,240 10,937,240 10,937,009
183,854
212,836
Materials and supplies....................
148,370
129,789
134,217
Due from agents and conductors..
88,978
462,822
602,322
Due from indiv. and com panies...
485,178
160,154
262,730
Cash on hand........ ..........................
148,080
181,553
149,854
Unaccruea int.inol.in equip.notes
120,255
17,851
22,767
Miscellaneous........ ...............
23,301
Total assets............. .................. 75 ,082,285 75,303,188 74,867,709
Liabilities—
Stock....................................... 30,000,000
30,000,000 30,000,000
Bonds (see S upplement ) . . . . . . . . . 3 1 , 6 ’3,000 31,603,000 31,175,000
952,104
Equip, notes (incl. interest)..........
623,538
798,338
1,977,585
Second m ortgage incom e s c r ip .... 2,619,796 2,149,119
390,907
Non-convertible
“
“
__I 391,247
39",907
249,466
Interest on 1st mort. b o n d s ....___
248,2^8
2*8,891
“
“
2d
“
“
. . . . . ..
“ pay in scrip
925,683
363,122
Real estate mortgages.........
270,764
Wages and supplies .....................
378,247
Kinzua Valley RR. w arrants.......
59,"00
Profit and lo s s ....................... 7,599,532
Miscellaneous....... ..............
128
341,041
833,799
272,804
517,161
87,000
8,060,926
203
1,037! 791
272,804
404,852
105,000
8,290,800
11,400
Total lia b ilitie s........ .......7 5 ,0 8 2,2 8 4 75,303,189 74,867,709
‘ Includes $10,269,556 Co.’s stock and $495,943 2d M. bonds in treas.
ARSP.tiS
Road and equipment. ..$7,064,748
Real estate.................
375,508
Stock of Gauley Co.......
414,200
Materials and supplies.
11,992
Cash...............................
24,638
Cash accou nts.............
54,425
Miscellaneous.......... .
2,609
Total........................$7,948,120
Liabilities.
Common stock.............$2,500,000
Preferred s tock ............
900,000
Bonds, &c. (see Supp’ t ) 4,104,580
Interest..... .......
59,064
Bills payable..... ...........
332,920
Miscellaneous.......... .
27,042
Profit and loss.................................. 24,514
Total........................$7,948,120
Cincinnati Portsmouth & V irginia Railroad.
(F o r the year ending June 30,189% .)
The report of President Samuel Hunt states that the prop
erty has been affected adversely by the geoeral depression in
business, and for the first time in seven years shows a decrease
in both gross and net earnings. It can be said, however, that
“ while its revenues have been decreased a larger tonnage has
come to it than ever before. W e can therefore reasonably
expect to not only regain what we have lost, but a large in
crease in our revenues when business resumes its normal con
dition.” It was thought best daring the time of the greatest
depression to operate the property with the least possiole im
mediate cost, and necessarily the expense of this department
will be greater in the ensuing year.
Much work has nevertheless been done in improvement of
the property. A steel viaduct, 330 feet long and 33 feet high,
has replace«! a wooden structure ; and a steel girder 50 feet
long has taken the place of a timber trestle 350 feet long. Ten
or more small trestles, aggregating 1,200 feet in length, have
been filled. Nearly five additional miles of track have been
ballasted with gravel. There has been no cutting down of re
pairs to bridges or trestles. The decrease in this expense
comes from the rapid lessening of the number of trestles by
filling and replacement of others by permanent work.
The report shows there has been a decrease of 47,023 in pas
sengers carried and an increase of 14,182 in tons freight
handled, the latter resulting mostly from an increase in coal
tonnage from 27,799 to 89,884 tons. Stone, sand and gravel,
lumber and brick, decreased from 121,253 to 86,470 tons. Lowclass freight, therefore, increas°d and high-class decreased.
Equipment Is: Locomotives, 1 0 ; passenger cars, 11; freight
cars, 172, all same as last year.
696
THE CHRONICLE.
EARNINGS, EXPENSES AND CHARGES.
1893-94.
Rate per passenger per mile........ .................. . 2-12 cts.
Rate per ton per m ile.................... ................... l-o o cts.
Earnings—
Passenger.---- *........... . . ........................... ......... $79,104
Freight............ ......... .............. .......... ............. 159,527
16,125
Mail, express, &c..........................................
1892-93.
1*98 cts.
1*44 cts.
. Total........ ..........................................................$254,756
Maintenance of way.............................................
53,229
“
equipment.......... .......................
22,572
Transportation..............
95,326
General, «fee............. : . . i ....... ............. ..........
42,376
$277,135
64,268
23,815
97,212
40,695
Total expenses.......... . ..................................$213,503
Net earnings..... .................................................... $41,253 •
Percentage of expenses to gross earnings........ (83*81)
32,732
Taxes, improvements, &c.....................
$225,990
$51,145
(81*54)
6,400
Surplus.....................
$8,521
$93,374
167,606
16,155
$44,745
GENERAL BALANCE SHEET JUNE 30, 1894.
I T ol. L I X
B io Grande Western Bailway.
( F or the year ending June SO, 1894. )
The annual report of President W m . J. Palmer will ho
found at length on subsequent pages.
°e
The comparative tables for four years ending with June «io
have been compiled for the C h r o n ic l e in the usual comniJf!
form as follow s:
# **eie
ROAD AND EQUIPMENT.
Miles June 30—
*8 93-94.
Owned (inch tramways) 513
18
1892-93.
511
18
1891-92.
494
529
74
56
706
15
512
70
56
709
15
531
Locomotives................ .
74
Pass, mail & exp. cars..
56
701
other cars.
14
18
1890-91.
423 '
18
446
74
, 52
1,126
30
OPERATIONS AND FISCAL RESULTS.
Assets
Liabilities—
Cost of road and equip..$2,278,629 Stoek, common ............ $1,566,000
O.&N. W. bond’ re’ acc’t.
6,311
594,000
“
preferred..
Casli. . . . . ____
19,450 Notes.....................
11,852
Other accounts
12,467 Audited pay-rolls, &c..
19,412
Other a ccou n ts............
10,977
Income account............
114,615
Operations—
1893-94.
1892-93.
1891-92.
1890-91.
Passengers carried.
213,540
293,439
275,850
229,603
Passenger mileage.. 30,275,934 33,098,354 33,579,531 29,050,79
Rate p pass. p. mile 3*72 cts.
1*99 cts.
2*08 cts.
2*20 cts. 9
Freight (tons) moved
635,561
667,451
632,288
569,208
Freight(tons)mi’ ageI03,998,521100,894,099 106.260,227 81,812,203
Av.ratep.tonp.miLe 1*405 cts.
1*69 cts.
1*712 cts.
1*954 cts.
Total............. ............. $2,316,856
Total.......... .......... ....$ 2 ,3 1 6 ,8 5 7
Earnings—
$
$
$
$
Passenger...........................
521,992 660,884
700,004
638,775
Street Bailway & Illum inating Properties.
Freight . . . ........................ 1,461,510 1,710,716 1,819,880 1,596,015
Mail, express, & c ............... 117,816 124,861
124,040
111,340
(R ep ort A ugust 1, 1894.)
2,101,318
2,496,461
2,643,924
2,346,13b
The Street Railway & Illuminating Properties was organ
Operating expenses—
ized in 1893 jto relieve the General Electric Company of the Maintenance
of way, &c.. 237,993
361,641
399,352
314,164
pressure of its floating debt by purchasing for cash certain Maintenance of equipm’t... 188,595
195,514
203,172
214,966
Transportation
expenses . 814,732
of that company’s treasury securities. The securities thus
904,285
922,523
790,987
24,213
21,666
28,230
purchased were placed in trust for the benefit of the stock Contingent ........ ............ .
24,415
General taxes & insurance1 188,703
190,622
180,150
147,078
holders of the Street Railway & Illuminating Properties. In
conformity with Section 6 of the trust indenture, dated
,1,454,236 1,673,728 1,733,427 1,491,610
Aug. 18,1898, tha trustees—Messrs. Samuel Spencer, Chas. E.
647,082
822,733
910,497
854,520
Cotting, Edwin Packard, C. S. Tuckerman, Frank G. Webster P. ct. oper. exp. to eam ’gs1 69*21
67*05
65*56
63*58
— submit the following statements as of Aug. 1,1894: [The
INCOME ACCOUNT.
capital stock of the Properties Company was originally $4,500,1893-94.
1892-93.
1891-92. 1890-91.
000 common and $4,500,000 preferred,but on Sept. 21,1894, only
Receivls—
$
$
$
$
$2,965,600 of the preferred remained outstanding, the balance
647,082
822,733
910,497
854,520
23,734
23,608
18,074
having been retired prior to that date.l
2,262
SECURITY ACCOUNT AUG. 1, 1894.
Securities from Gener
Par value of securities
al Elec. Co., parval.:
disposed o f .............. $2,472,229
B on d s.................... $4,656,280 Securities now held by
S tock s.._______ . . . . 5,098,31*2
trustees at par value:
N o t e s .................... 2,388,675
B o n d s ........ ............. 3,995,000
P la n t........................
45,000
Stocks....................... 4,507,442
Securities from vario’ s
1,851,796
Notes........................
Co’s. agst. advances
Receivers'certs . . . .
318
made, or in reorgan
P la n t..............
45,000
ization, at par value.
683,513
. T o ta l.................... $12,871,785
Total ..................... $12,871,785
PRINCIPAL CASH ACCOUNT.
Received from pale of securities...........................
$1,314,156
Paid for 13,561 shares preferred stock retired
at average price of $92 19 per share................ $1,250,179
Advanced to various companies for protection
45,470
of existing interests..... .....................................
Paid in purchase of additional securities in sun
dry companies, purchase being necessary for
the protection of existing interests..................
13,107
Expenses to he reimbursed from income account
209
Balance carried forward ..................... .................
5,191
$1,314,156
Disbursements—
Dividends.
Surplus.
T o ta l......................... $238,958
Total............................$238,958
846,467
928,571
856,782
38,009
586,088
37,243
36,530
560,000
312,416
24,027
31,512
560,000
312,389
5,608.
14,400
535,500
255,369
744
661,340
9,350
932,973
df.86,506
909,519
19,052
806,013
50,769
CONDENSED BALANCE SHEET, JUNE 30.
Assets—
1894.
1893.
1892.
.$28,401,770 $27,970,919 $27,834,455
. 2,894,311
2,893,213
2,828,241
Company’s bonds in treasury.
800,000
2,000,000
2,000,000
168,592
Tintic Range Ry. betterments
164,046
Cash,.........................................
323,030
436,420
499,318
Due from agents, individs. &c
109,089
138,364
186,631
Steel rails on hand........ ...
138,536
144,528
Materials.......... .......................
148,315
17L233
246,231
Miscellaneous..........................
50,499
37,095
.$33,034,142 $33,955,818 $33,594,876
Liabilities—
INCOME CASH ACCOUNT.
Received as int. on bonds
Paid in dividends on pref.
and notes, dividends on
shares, including pay
stocks, interest on de
ment of Ang. 1, 1894...$168,243
posits, &c.:
Expenses of manag’g the
Bonds.................
$139,616
trust, including cost of
Notes...... . ...................... 61,r62
selling such securities
Dividends..................... 36,179
as were sold .................. 57,088
Int. on deposits............................ 1,301
Balance carried forward. 13,627
. 670,690
Bills payable...... ...............
Temporary loans .............
Vouchers, pay-rolls, etc ..
Due other roads and indiv
Interest due and accrued
T a x e s ....................... .
dividends...........................
Equipment destroyed__
Profit and loss balance
.$10,000,000 $10,00'',000 $10,000,000
. 6,250,000
6,250,000
6,250,000
. 16,000,000
16,000,000
16,000,000
400,000
741,000
85,000
289,874
260,792
283,249
65,001
85,834
35,517
.
312,432
289,000
299,566
34,929
34,989
32,500
78,101
78,106
26,610
10,997
14,409
60,156
200,454
24,160
86,154
.$33,034,142 $33,955,818 $33,594,876
Canada Atlantic Bailway.
(F o r the year ending June SO, 1894.)
The report of Mr. E. J. Chamberlain, General Manager, says
that the increase in operating expenses in the year 1893-94 was
partly due to improvements and partly to extraordinary ex
penses, the largest item of which is new ballast. During the
year there were re-ballasted 65 miles of road from Ottawa east,
all of which has gone into expenses. Maintenance of bridges
and buildings is largely increased, it being necessary to renew
nearly all the floors of iron bridges and platforms o f stations
last year. The road owned is 138 miles in length.
EARNINGS, EXPENSES AND CHARGES.
Earnings—
1893-94.
.0*86 cts.
$
.130,287
.365,030
. 90,854
1892-93
1*6 cts.
$
117,029
378,003
76,339
.586,171
571,371
. 69,500
.183,305
106,818
. 41,503
54,332
173,502
103,216
38,999
.401,126
.185,045
.172,500
370,049
201,822
172,500
Surplus...................... ............. .......... .................. 12,545
28,822
Expenses—
GENERAL INVESTMENT NEWS.
B altim ore & Ohio.— The board of directors this week re
duced the semi-annual dividend from 2 ^ per cent to 2 per
cent. The action was generally commended in financial circles
as indicating a conservative policy.
The 2 per cent was fully earned in the half-year, and the
board considered it inadvisable to take anything from the
surplus in order to keep up the 5 per cent rate. They make
the following statement of the cause of the reduction : “ Dur
ing the spring and early summer of this year heavy losses of
revenue were incurred by the protracted strike of about six
weeks on coal and over two months on coke, resulting in
heavy losses not only on traffic in these articles but on the in
dustries connected with them.
The net earnings for the six
months from Jan. 1 to July 1 are sufficient to bay 2 per cent
and leave a balance for profit and loss account.”
Central Pacific.— A t a meeting in London Oct. 16 the fol
lowing committee was appointed to look after the interest of
the European security-holders: G. Frederick Banbury, A . P.
Compton, John B. Akroyd, Daniel Marks, Joseph Price, W .
Newshead and R. D. Peebles. The committee was instructed
to secure the services of Sir Charles Rivers W ilson and ar
range with him to go to America in its interest. '
O ctober
20, 1894. J
THE CHRONICLE.
697
Cincinnati New Orleans & Texas P a c ific ,— A t the
Northern Pacific.—A t Milwaukee, W is., Oct. 15, the decis
annual election of this company in Cincinnati, Oct. 15, ion of Judge Jenkins upon the motion of the attorneys for the
jj( D. Woodford, Eugene Zimmerman, H . F. Shoemaker, receivers of the Northern Pacific to dismiss the petition of
Lawrence Maxwell and Alfred Sully were elected directors to Bray ton Ives and others for the removal of Receiver Oakes
represent Cincinnati Hamilton & Dayton interests in the was filed in the U n ited States Circuit Court. The motion was
board.
The contest between the Cincinnati Hamilton & granted, Master in Chancery Carey being indorsed and Mr,
Payton and the Southern Railway interests for control of Oakes fully exonerated.
the Queen & Crescent system, to which this road belongs,
Judge Jenkins says: “ It was right that this investigation
will be decided upon the judicial sale of the collateral securing should have bee n had, because the record as presented upon
the Cincinnati Extension bonds of the Old East Tennesee the former hearing left some things unexplained. The in
Virginia & Georgia.
The daily papers report the gross earn vestigation has, in the judgment of the Court, fully and com
ings of the Cincinnati New Orleans & Texas Pacific for the pletely exonerated Mr. Oakes.”
Telr ending June 30,1894 as $3,576,979, and net $911,764. The
The Northern Pacific Company, through Brayton Ives, has
gross in 1893 was $4,174,970.
petitioned Judge Jenkins to instruct the receivers to bring
Cleveland & Canton.— Default having been made in the suits against Henry Villard, Colgate H oyt and Charles L.
payment of the first mortgage interest due July 1, 1894, Colby to recover nearly $2,600,000, alleged to have been made
Messrs. Austin Corbin, 192 Broadway, New York; Charles A . unlawfully through Northern Pacific deals.
A t the annual meeting of the stockholders of this company
Peabody, Jr., and Henry L. Thornell have consented to act as
a bondholders’ committee. Bondholders are asked to deposit on Thursday, Oct. 18, the ticket for directors headed by
President Brayton Ives, was elected by a vote of about 300,their bonds with the Mercantile Trust Company.
000 shares, there being no opposing ticket. The new board
Denver & R io Grande.— At Denver, Col., Oct. 16, the stock is composed as follows: August Belmont, Marcellus Hartley,
holders at their annual meeting elected the following board J. Horace Harding, Brayton Ives, Donald Mackay, W .
of directors: George Coppell, Richard T. Wilson, William F.
Sanders,
John
E.
Searles,
Winthrop
Smith,
Mertens, Charles C. Beaman and Arthur Coppell of New York H .
L.
Burnett,
H.
S.
Redmond,
E.
C. HegeCity; John Lowber W elsh and Edmund Smith of Philadelphia, ler, W illiam E. Rogers and Charlemange Tower, Jr.
and Edward T. Jeffrey and Edward O. Wolcott of Denver.
The five last-named gentlemen were not members of the
Chairman Coppell, on presenting the annual report, made a Board last year. Gen. Burnett is said to be the representative
few comments on the financial showing. He said, in part: of large blocks of both stock and bonds. Mr. Redmond is a
“Fortunately, the dawn of a better condition of affairs in member of the firm of Redmond, Kerr & Co., and represents
Colorado is quite apparent, as is evidenced by the improve the second mortgage bondholders’ committee. Mr. Tower is
ment in the earnings of the property in the past few months. a member of the third mortgage bondholders’ committee, and
The coal output shows remarkable development. The agricul Mr. Hegeler, who lives in La Salle, 111., is a large holder of
tural interests of the State are steadily on the increase, and it both stock and bonds. Mr. W illiam E. Rogers was for eight
cannot be many years before the never-failing crop lands of years one of the Railroad Commissioners of New York State.
Colorado will be more generally under cultivation.” The The annual figures are given on another page.
report was published in the C h r o n ic l e of Sept. 8 , 1894.
Pennsylvania Poughkeepsie & Boston.—The foreclosure
Detroit Bay City & Alpena.— The Receiver, the Hon. Don
M. Dickinson, reports the earnings of this road for the sale of this road was postponed October 18 for one week.
nine months to be as follows : Gross, $168,520 ; operating ex
penses, $88,251; net, $80,270.
Duluth & W innipeg.— Judge Sanborn, in the United States
Circuit Court at St. Paul, on October 12, appointed W illiam
F. Fitch, General Manager of the Duluth South Shore & A t
lantic road, receiver of the Duluth & Winnipeg, pending the
foreclosure of the mortgage. The action was brought by the
Guaranty Trust & Safe Deposit Company of Philadelphia,
trustee, under the mortgage for $2,000,000. The total amount
of bonds authorized was $7,000,000 and the issue of bonds be
yond the amount now outstanding was enjoined. The Duluth
& Winnipeg has about 100 miles built. The interest on its
bonds was defaulted in July, 1893.
Erie Telegraph & Telephone Co.—The stock of this com
pany was listed last week on the New York Stock Exchange.
It has been on the Boston Exchange for the past ten years.
The company controls the Cleveland Telephone Co. of Ohio,
the Northwestern Telephone Exchange Co. of Minnesota, and
the Southwestern Telegraph & Telephone Co. of New York.
Further details concerning the company taken from the appli
cation to list the stock on the New York Exchange are given
in another column.
Evansville & Terre Hante.— At Evansville, I n d , Oct. 15,
the stockholders elected the following directors: W . H . Tilford, Edward N. Gibbs, James Stillman, H . C. Barlow, H. M.
Tilford, Frederick Roosevelt, John L Lamson, T. H . Wheeler,
\V. H. Curtiss, all of New York. H . O. Barlow, Edward N.
Gibbs and James Stillman replaced Harvey E. Fisk, F. W .
Cooke and E. P. Huston.
Kentucky Union — Lexington & Eastern.— The recent sale
of the Kentucky Union under the foreclosure of the first mort
gage has been confirmed and the property turned over to the
new company, entitled the Lexington & Eastern. The capi
talization of the latter is: stock, $500,000, 1st mortgage 5 Der
cent bonds, due Jan. 1, 1900, Central Trust-Co., trustee, $1,000,000; and general mortgage 5 per cent bonds, due 1935, $2,500,000, Continental Trust Co., trustee. Of the general mort
gage bonds $1,000,000 will be reserved to retire the firsts.
Kentucky & Indiana Bridge.— A petition to forclose this
company’s terminal mortgage for $400,000 was filed this week
in the Federal Court at Louisville. Interest due December 1,
1893, was not paid.
Lynn & Boston—North Shore Traction.—The Massachu
setts Railroad Commissioners have granted the Lynn & Boston
RR. Co. permission to issue $5,379,000 30-year gold first mort
gage 5 per cent bonds, of which $2,700,000 to pay the com
pany’s debt to the North Shore Traction Co. and the balance
to be used to take up prior liens of the Lynn & Boston, the
Naumkeag, the Essex and the Lynn Belt line. This will free
the North Shore Traction Co. of all floating debt. The North
Shore Traction Co. has sold the bonds received by it to a
syndicate of New York bankers.
Minneapolis & St. Louis.— The foreclosure sale of this road
will be confirmed Oct. 31, when the new company, the Min
neapolis & St. Louis Railroad Company, will take possession.
The purchase price was $5,010,000, of which $4,600,000
was for the road and the balance for the rolling stock. The
new ¿bounties will be issued as soon they can be prepared, but
probably not for some time, as the details have not been com-,
pleted. The final instalment on the stock has been called for
payment on or before October 24,
Philadelphia & Reading.— The petition of the receivers for
authority to acquiesce in the provisions of the Olcott-Earle plan
of reorganization came up for hearing on Monday the 15th
inst. in the U . S, Circuit Court in Philadelphia. . Judge D al
las referred the hearing to George L, Crawford, special mas
ter in the Reading receivership.
Pittsburg Akron & Western.—A t Akron, Ohio, October
17, this road was sold under foreclosure of the first mortgage.
It wa3 bid in for the first mortgage bondholders for $844,000.
P a ll man Palace Car.— The pamphlet report has not come
to hand, but a press dispatch states that it shows for the fiscal
year ending July 31 a total revenue of $9,595,067 and expendi
tures of $7,274,654, leaving a surplus for the year of $2,320,413,
as against a surplus of $4,006,448 for the preceding year. Of
the disbursements $2,880,000 was paid out in dividends on the
capital stock. The revenue is made up of three items,
earnings of cars, $8,761,934; patents, $6,386, and “ rentals,
dividends, interest, &c , including loss in the manufacturing
departments, $826,746.” The total assets are sat down as
$62,042,606. The regular 2 per cent dividend is payable N o
vember 15.
South Yuba Water Co.—This water system reaches
across the State of California from the summit of the Sierra
Nevada Mountains to near Sacramento, the capital of the
State. Its property is valued at $4,000,000. The company’s
6 per cent 30-year gold bonds were listed last week on the
New York Stock Exchange, and in another column will be
found the application to the Exchange, giving important facts
relating to the company.
Southern.— The new bonds are being rapidly signed, and it
is expected they will be ready for delivery November 1, or
possibly a day or two sooner.
Union Pacific.— A t Omaha October 15 the reports respect
ing the non-paying branches was filed by- Special Master in
Chancery W illiam D. Cornish in the United States Circuit
Court. The master recommends continuing the operation of
the following roads as part of the system upon certain term s:
Carbon Cut-Off, Brighton & Boulder Valley, Junction City &
Fort Kearney, Omaha & Republican Valley, Salina & South
western, Kansas City & Omaha and Kansas Central. Reports
as to the Denver Leadville & Gunnison, Atchison Colorado &
Pacific and Atchison Jewell County & Western will be filed
later. The master recommends that the receivers be relieved
from certain contracts with the Union Pacific Denver & Gulf,
as per petition No. 13. A s to the Kansas City & Omaha, the
master finds that it is operated at a loss, but that there
are no modifications of traffic rates which can be allowed to
said line to increase its revenue. He recommends that the
receivers be allowed to operate the road, any deficiency to be
charged as follows: 68 per cent to the St. Joseph & Grand
Island, 14 per cent to the Omaha & Republican Valley and
18 per cent to the Union Pacific.
A press dispatch reports that Judge Hallett, at Denver, has
ordered the payment of the coupon due July 1,1894, on the
Colorado Central first 7s, most of which are deposited in trust
under the three Union Pacific collateral trust deeds of dates
respectively 1879, 1883 and 1891.
W inona & Southwestern.— The sale of this road on Sep
tember 15 for $400,000, under foreclosure of the first mort
gage, has been confirmed, notwithstanding the strenuous
’ objections made by opposing interests.
698
THE CHRONICLE.
% t p o x t s m xä g i o t u m m i s .
RIO G R A N D E W E S T E R N R A ILW A Y CO .
A N N U A L REPORT FOR TH E FISC AL Y E A R ENDING
JU N E 30, 1894.
N e w Y o r k , September 30,1894.
To the Stockholders o f the R io Grande W estern Railway C o.:
The Gross Earnings were........................ .. .......................... $2,101,818 89
(A decrease from the previous year o f 15-83 per cent.)
Operating expenses.................................................... .......... 1,377,013 43
(A decrease o f 14-11 per cent.)
Net Earnings........................... ......................................... $724,305 46
(A decrease of 18’92 per cent.)
Add Interest from securities of other Companies...
23,608 12
Total Net Earnings..........................................................
$747,913 58
DE
Taxes, Insurance, Rentals and Interest.......$732,280 57
Other items, Local traffic pool........................
6,283 01
---------------- -
738,563 58
Surplus Earnings for the year................................
$9,350 00
Add the Surplus of June 3 0 ,1 8 9 3 .... . . . . . . $86,152 79
Less claims and damage suits
paid therefrom on account of
the business of previous years.$11,186 94
And for amount charged off to
Depreciation of Equipm’ t (See
explanation on next pa ge.).... 60,155 68
--------------71,342 62
------------------ 14,81017
Amount to credit of Profit and Loss, or Surplus, June
30,1894.......... ..........................................................
$24,160 17
Dividends upon the Preferred Stock, which had been earned
and paid at the rate of 5 per cent for three years, were sus
pended at the beginning of this fiscal year, during which
almost every variety of unfavorable condition prevailed.
Besides the silver-mining crisis and the business panic, the
year closed with “ Coxey A rm y” invasions, serious washouts
on connecting lines and the initial stages of the “ Debs’
Strikes.” None of our employees claimed to have any griev
ance whatever against the Company, but for several months
there was a feverish and restless feeling that prevented effi
cient service, while the expenses were largely increased by
the necessity of policing and guarding the line.
That the Company in such a very unhappy year should
have earn* d and paid all interest and other obligations, and
come out without any floating debt, should be a matter of
congratulation to the owners of the property.
The reduction in operating expenses o f ....................... $236,133
(accompanying reduced earnings o f................................. $395,000)
has been effected by the practice of economies without lower
ing the standard of the road-bed or track, both of whicli are
in excellent condition. With the restoration of business
prosperity, it is expected that the only important increase in
expenses will be in maintenance of rolling stock. It is fair
to say that the property is in at least as good physical condi
tion as any railroad between the Missouri River and the
Pacific Coast.
It is gratifying to note that the Line has continued its un
broken record for safety of travel—not a passenger having
been killed during the year, nor was any passenger injured.
Of paying freigh t there were hauled during the year 635,561 tons, a decline of only 4 % per cent from the previous
year. But it was hauled an average distance of 164 miles,
against 151 miles last year— so that the tonnage carried one
mile shows an actual increase of 3 per cent.
The average earnings per ton were $2 30 against $2 56 last
year, and the average rate per ton per mile 1-405 cents against
1*69 cents. A n increased receipt of about one-fourth of a
cent per ton per mile would have given as large freight earn
ings as last year. This reduction in average rate was not
caused by competitive “ cutting,” or even chiefly by the
carrying of any particular class of goods at a lower rate
than the previous year, but mainly by the carriage of a larger
proportion than usual of the cheaper classes of freight and
of those which pass a longer distance over the line, and a
very much less proportion of general merchandise and other
better paying freight.
Of passengers there were hauled 213,540, a decline of 27%
per cent from the previous year. But the average distance trav
eled was 141 8-10 miles, as against 113 7-10 miles last year,
and the average fare received was $2 44 per passenger, as
against $2 25 la9t year, so that the decrease in passenger
earnings was 21 per cent. The average rate per passenger per
mile, however, was but 1-72, against 1-99 cents last year.
This was due to a larger proportion of cheap-rate tours. The
abridgment of passenger earnings proved to be more severe
than was expected, it having been estimated in our last an
nual report at but 10 per cent.
One of the surest indications of the restoration of normal
conditions of business will be in an increase of the ordinary
passenger travel.
The purely “ local” earnings (freight and passenger) con
tinue at the usual high ratio— having been 44 74-100 per cent
of the whole— as against last year’s 45 63-100 per cent.
Coal (bituminous and anthracite), with coke and charcoal,
constituting as heretofore the principal traffic of the line,
contributed 41 per cent of the total tonnage (against 41 % per
[V o l . LIX.
cent last year), and 30% per cent of the total freight earn
ings (against 30% per cent last year).
There was an actual falling off in fuel tonnage,
...................... ................................. 1 7 , 37(5 tons,
however, of .
(or 6 % per cent).?
And . . . . . .
.. .
.......
................... $70,000 in earnings
from fuel (or 13% per cent).
6
Our last annual report contained the following remark: “ It
is not doubted that the trans-Continental tonnage will be as
large (the coming year) as last year, while the rates are ex
pected to be somewhat better, and if the price of silver con
tinues to hover around 70 cents per ounce, our shipments of
ore, bullion and coke can scarcely fail to be as large as ever f.
In fact, we hauled 27 per cent more trans-Continental ton
nage, but at a reduction of 2 % per cent in the revenue derived
— which was not due to any additional competition with other
lines but to the necessity of carrying cheaply to do a large
business in a period when the purchasing power of consumers
was so seriously diminished. As regards ore, bullion and coke
silver did not “ hover around 70,” but fell to 65 and 60 cents’
or less, so the shipments fell off 15 per cent from last year, and
the rate had also to be somewhat reduced. However, the’ ton
nage was larger than for the heaviest previous year, except
C O M P A R A T IV E SHIPM EN TS O F C O AL , C O K E , C H A R C O A L , O R E AN D BU L L IO N .
1890.
Tonnage.......... 240,121
Revenue.......... $505,956
1891.
339,375
$721,669
1892.
1893.
328,224 417.957
$731,034 $777,939
1894
377 09»
$667,345
The above comparative statement embracing the particular
staples which have been expected and feared by many to show
a ruinous reduction by reason of the closing of the India mints in
June, 1893, and the subsequent stoppage of silver purchases
by our Government November 1, will be found interesting.
Compared with 1893 the decline in tonnage of these articles
was equivalent to less than 6 % per cent, and in (gross) earn
ings to but 6 % per cent of the total freight traffic of the line.
On the principal silver-mining branch of the Rio Grande
Western—the Tintic Range Railway— the gross earnings were
practically the same as last year, while the net earnings show
a gain of 32 per cent. Those from freight alone increased S8;
per cent and from ore 61 per cent. The tonnage of ore in
creased 57 per cent and all freight 34 per cent. On this
branch two large concentrating mills have been recently
erected,* each with 40 stamps and the best appointments, and
in furtherance of this tendency to meet the fall in silver by
such methods, which was hinted at in our last report, other
large mining companies have the erection of similar mills
under consideration. Ores that were considered to be of too
low a grade to be utilized even in “ good times ” can now be
treated, and the carrying of supplies for the additional miners
and millers, with the necessary coal, salt and chemicals, ma
chinery for the plants and the tonnage of concentrated ore,
will more than compensate the railway for any reduction in
the amount of such raw ores. The higher grade ores will
continue to be carried to smelting works in the Valley or the
East. Little or no benefit from any of these improvements
was derived during the fiscal year under consideration, but
we should be more or less helped by them during the coming
year, as also by the completion this summer and autumn of
two new smelting works in Utah— one a large copper plant,,
to which the company has built a spur jointly with the Union
Pacific near Salt Lake, and the other, a smaller concern, ex
pected to be opened before winter in or near the Detroit min
ing district.
Before leaving the subject of silver mining, which has been
such a “ red rag ” to many minds in considering the future of
Rocky Mountain Railways, and of the prosperity of the States
they traverse, it should be pointed out that the above facts
and figures, from our experience in a very disturbed year,
eertainly do not show that this business as a whole, or the
country in which it is carried on, has suffered any more than
the staple industry or the business community of any other
State or section of the United States—if as much.
An examination of the Auditor’s traffic tables will show
that certain important products were carried much more
largely than heretofore— for instance the tonnage of fruit was
more than double that of last year (when it was 16 per cent
higher than any previous year). Sugar (from the Sandwich
Islands and California and Utah Beet Works) increased 79
per cent. Live stock 90 per cent.
C O M P A R A T IV E SH IPM EN TS O F F R U IT (IN C L U D IN G V E G E T A B L E S).
1890.
1891.
1892.
1893.
1894.
Tonnage........................... 2,200
8,767
20,965
24,284
49,202
Gain in 4 years over 21 fold.
In fact the fruitfulness of California, from which this
nearly 100 millions of pounds came almost entirely, is so great
that if a market can continue to be found in the East and
Abroad for the product of her rapidly increasing orchards,
it will not be many years before our entire present equipment
would be taxed to carry it— besides which the peach and apple
orchards along the line of our own road in Western Colorado
and in Utah— where the quality is superior to that of the Cal
ifornia peach and apple—are rapidly coming into bearing.
A ll of the crops in Utah this season are very good, in fact
far in excess of any former year, both in quantity and quality^
so that the farmers will have abundant “ purchasing power
the coming year if they can find a satisfactory market.
The beet sugar works at Lehi have still further increased
their business, having bought this season 30,000 tons of beets.
Their expected output of sugar therefrom is 2,500 tons, a
* One not yet completed.
October 20, 1894.]
THE CHRONICLE.
699
The bill before Congress allowing Inter-State Railroad to pool
growth of 233 per cent since 1892. It remains, of course, to be
seen what effect the withdrawal of the Government bounty business under certain safeguards, and whose early passage is
will have upon the expansion of this industry, in which there now apparently conceded, should eliminate many of the evils
are vast possibilities along the line of our road in Utah and and scandals which the present law has caused or intensified.
Western Colorado because of the sunny climate and favor The interests of both shippèr and transporter equally require
this common sense amendment, and it is understood some of
able soil.
The second season of the resort at “ Saitair Beach,” on the commercial classes in the W est have recently organized
Great Salt Lake, reached by the Los Angeles RR., referred for the purpose of giving their patronage exclusively to the
to in last year’s report, has been very successful, and has line which will bind itself not to reduce rates.
given considerable additional pleasure travel to our line.
To conclude, it seems reasonable to expect, since the ex
° From the Auditor’s Analysis (on pages 60 and 61) of the perience of this year has provèd that there is no special or
year’s profits, including “ contributed business” derived from sectional cause of depression in our region, but that we have
the “ Tintic Range” and “ Sevier” Branches, it will be seen only been “ sharing the common lot,” that the natural recu
that the Company is found to be $81,167 better off by reason perative conditions of the W est will soon assert themselves,
of the operation of the “ Tintic Range ” and $31,056 better off and that before the close of 1895 we may hope to be again on
from the “ Sevier” than if these branches had not existed.
a dividend basis. In this connection the fact should not be
This is equivalent as regards the Tintic to 5 per cent on the overlooked that a larger traffic can be handled (especially in
$1,301,000 First Mortgage Bonds of the Tintic Range Company, passengers and in those forms of local merchandise which
with over 3 per cent on its Preferred Stock (or to 3)^ per cent pay a railway best and in which a communitv, especially a
upon the $2,500,000 Common Stock of the Rio Grande Western prudent and frugal one like that of Utah, is most apt to
Railway Company issued to pay for those Securities). As re economize in hard times) without any marked increase of
gards the Sevier Branch, it is equivalent to
per cent on the operating expenses ; also that some of the economy in man
$650,000 First Mortgage Bonds of the Sevier Company, or to 9 agement brought about as a necessity from the exceptional
per cent upon the Preferred Stock of the Rio Grande Western conditions of the past year is likely to continue as a habit in
Company issued for their acquisition.
the more prosperous future.
In both cases the entire issue of bonds and of common and
The fullest information is given in the appended Reports of
preferred shares is owned by the Rio Grande W est. Ry. Co. the General Manager and Auditor, to which attention is
called.
As shown in detail in the report of the General Man
ager, there was expended on Capital Account during
By order of the Board,
the year, chiefly for new stock yards at Bo vino, new
W M . J. PALMER,
paint shop at Salt Lake, short branches to the new
President.
Copper Reduction Works and 8tone Quarry at Piedra. $9,534
There was also expended for preliminarv surveys
and improvements on the Tintic Range Railway.......... 7,266
---------- $16,800
In December last the Company sold $1,200,000 of its first
mortgage 4 per cent bonds, and with the proceeds paid off
all its bills payable, since which time the Company has been,
and is now, free of all floating indebtedness.
The Company has as reserve :
An authorization for a further issue of Preferred Stock
amounting to........... . .....................................................$1,250,000
And has in its treasury:
First Mortgage Bonds, making up the total authorized is
sue, which is limited to $16,000,000 (against which the
required mileage of railway line has already been com
pleted)........................... ................. ............. ..........................
800,000
First Mortgage Bonds of other Railway Companies (their
entire issues............................................................................ 1,951,000
Also Preferred Stock of other Railway Com
panies (their entire issues)........... ...... ............... . $780,400
Common Stock of other Railway Companies
(their entire issues)................................................. 1,170,600
And 10,000 shares of the Western Express Com
pany’s Stock (the entire issue)...........................
1, 000,000
on which dividends averaging 4 per cent are as
sured by a lease for 5 years from July 1,1893.
At the suggestion of some English security holders, an inde
pendent audit was made of the accounts of the Company in
October last covering the two years ending June 30th, 1893,
and in a general way the whole period since reorganization,
by Mr. J. Gurney Fowler, of Messrs. Price, Waterhouse & Co.,
the well-known firm of chartered accountants of London,
who was nominated for the purpose by these stockholders,
and whose report is dated October 25th, 1893. In accordance
with Mr. Fowler’s suggestion, although a fair difference of
opinion seemed to exist between accountants in regard to the
matter, it was decided to deduct from the surplus of the
Company the amount of $60,156 growing out of the transfer
of the old to the new Company at the time of reorganization
in 1889, and this amount has been accordingly charged off to
Depreciation of Equipment.
The Company in November last met a geat loss in the death
of Joseph D. Potts of Philadelphia, who had served it for
nearly five years as a Director, The probity and fairness of
mind which distinguished Col. Potts, no less than his high in
telligence and lifetime experience with the most important
railway and transportation interests of this country, inspired
all his associates with great confidence in his counsels— and
they greatly deplore his loss.
The sincere thanks of the Company are tendered to the
officers and employees for fidelity and efficiency through the
tangled and difficult scenes which marked the last quarter of
the business year and the following month. Those few who,
proving faithless at critical periods, discharged themselves
without notice, will not be re-employed, which is the best
remedy for causeless strikes.
One important compensation for the losses and troubles,
whether due to class legislation, panics, or the oppression of
labor tyrants, from which our railways are suffering, is the
fact that they are the severest discouragement to the building
of new and competing lines, and as the existing roads are am
ple to handle the traffic of the country for many years, there
seems to be a chance that they may be left alone to develop
their traffic in a calmer and healthier way for both road and
community than has prevailed while money could be raised
so easily for wild projects.
A n y well-located railway
in the Far W est is pretty sure to prosper under fair manage
ment if allowed to have the field to itself during the years of
adolescence, but if obliged to share even its cradle with one
or more interlopers, no amount of good nursing will be able
to give it much vitality. Neither can it engage in that most
desirable initiative which means tb« building up of the coun
try along its own line and the for'
mg of a profitable local
traffic.
W E S T ER N NEW Y O R K & P E N N S Y LV A N IA
R A IL R O AD.
S IX T H
A N N U A L REPORT—FOR TH E FISCAL Y E A R
EN DING JUN E 30, 1894.
To the Stockholders o f the W estern New York & Penn. R R . Co.
Your Board of Directors submits the following report of
the operation of your road by Samuel G. DeCoursey, Re
ceiver, for the fiscal year ending June 30, 1894 :
For details as to the financial condition of the company
and the operation and physical condition of the property;
reference is made to the accompanying reports of the Auditor
and General Superintendent.
Compared with the fiscal year, which ended June 30,1893—
The gross earnings decreased................................................ $704,736 61
The operating expenses decreased..................................
302,770 50
The decrease in net earn, above oper. exp. amounts t o ....
401,966 11
The net income, after deducting taxes, interest on real
estate mortgages, interest on equipment notes and.
rental under Lake Shore & Michigan Southern lease, is
618,111 30
A decrease of
........................ , ....................................
406,'¿95 30
Compared with the year 1893 the gross earnings for 1894
have decreased 18 96 per cent, and the net earnings, after
deducting only operating expenses, have decreased 33’51 per
cent. The larger percentage of decrease in the net than in
the gross income is because a large portion of expenses is
fixed and remains the same whether the tonnage is light or
heavy.
New equipment notes have been paid amounting, with
accrued interest on all outstanding notes, t o ................. $232,144 76
The outstanding notes given for new equipment, with in
terest included, amount t o ..................................... - .........
623,537 90
These notes are payable monthly and mature as follows :
In the calendar year 1894— .............................. - .................. $60,901 73
«
«
“ 1895......................................................... 199,052 42
»
“
» 1896.........................................................16 1 ,1 1 4 36
“
“
<« 1897............................................................135,415 32
“
“
4 1898..........
67,054 07
In the above notes are included those given for the new
equipment, viz : Three switching engines, two ten-wheeled
freight engines and two passenger coaches, the purchase of
which was referred to in the report for 1893, but the settle
ment for which, partly in notes and partly in cash, was made
in this fiscal year.
The entire cost of the above five engines was $44,860, of
which amount the sum of $22,500 was charged to expense ac
count as an offset to locomotives Nos, 7, 8 and 22, which had
been destroyed in previous years.
There has been no new equipment purchased this year.
Your company has, so far as ic was able, taken advantage
of the low price prevailing in iron and steel material to con
tinue to build, in obedience to the requirements of safety and
real economy, a number of new' iron and iron and steel
bridges ; and during the year eight of such new structures
have been erected at the following points :
2 spans, equal 280-00 feet
Pittsburg Div. No. 69, at Columbia,
196 00 “
No. 102. at Tuna Creek, 2 «
77-50 “
1 “
“
1, at ScottsvilLe,
No.
Rochester “
ti
«« No, 2, at Cuylerville, 1 “
52-50 “
“
it
it No. 14, at Portage,
431-25 “
3 “
“
it
it No. 15, at Rossburg, r 1 “
59 0 0 “
“
l(
ii No. 18, at Belfast,
44-00
1 “
“
ii
ii No. 24, at Cuba,
69 50 “
1 “
«
12 “
“
1,209-75 “
These bridges are fully up to modern practice, and are
first-class in every particular; they cost, in round figures,
$28,700, exclusive of bridge No. 14 at Portage, which was so
near completion in June, 1893, that its approximate cost of
$23,000 was included in the estimate of cost of bridges for
700
THE CHRONICLE.
[V ol. L is .
that year. One-third of the coat of the above bridges has Prior to Jan. 1,1895, for power and train brakes to engines *17 non
Between July % 1894, ana Jan. 1,1898, for automatic couplers 75 ooo
been charged to betterments.
And between July 1,1894,and Jan.l,1903, for air-brakes to oars.520 000
It is estimated that for the coming year we will be required
to erect eleven new iron and iron and steel bridges at an ap requiring an annual expenditure for from eight to nine ta»™
of $72,000,
■ 3
proximate cost of $30,000, not including masonry.
The large number of cars stored during the year resulted in
The great depression in all branches of trade during the
past year has undoubtedly prepared y ou for the unfavorable the filling up of our passing sidings, thereby causing an in
showing of the business of your company in nearly every crease in our operating expenses by interfering with the ex
peditious and economical handling of trains. The cost of
particular as compared with that of the preceding year.
In the fiscal year 1898 the traffic ot your company was transportation was also increased by reason of the higher
larger than ever before, and it is to be hoped that the exhibit price paid for bituminous coal during tbe strike. W e were
for the fiscal year 1894 will stand hereafter as the lowest also compelled for a time to purchase anthracite coal for our
engines.
on record.
Referring generally to the financial condition of your com
Financial distress, industrial depression and strikes by coal
and railroad operatives have all combined to produce the re pany at the close of what has been an especially trying year
sults of the past twelve months, and it is fair to presume that it affords your board gratification to state that notwithstand
a combination of circumstances all so disastrous in their effects ing the great reduction in revenue and the very small margin
of profit accruing over and above the cost of transporta
will not again occur in the brief period of any one year.
Undoubtedly there will be an increase in the movement of tion, your company has been able to meet its current liabili
freight during the coming year, and could we lcok as confi ties with almost its usual promptness, and that without in
dently for an improvement in rates the future would be full curring any obligation for borrowed money or having to issue
o f promise. It is to be feared, however, that the present re any bills payable other than for equipment purchased, and
duction in the volume of business has caused such keen which has been heretofore referred to. It will be seen, how
competition f©r what remains that a recovery from the ever, from the statement of earnings and expenses [on page 15
present low average in rates will be, if at all, very gradual. of the pamphlet report] that this was only accomplished at the
This is particularly the case in regard to the soft coal rates, cost of a diminution in current assets to the extent of $256,496 80.
The plans for abolishing grade crossings in the city of Buf
which are lower to-day, as established for the season, which
extends into June 1895, than ever before in the history of falo are being vigorously pushed by the grade-crossing com
your company. This condition of affairs in the soft coal missioners, and the question of meeting the enormous ex
traffic is not chargeable alone to the strong competition of pense involved is coming closer to an issue. Legal proceed
the carrying companies, but more largely to the competition ings have been commenced by said commissioners to compel
from coal miners, mainly in the Pittsburg district, and here the railroad companies to carry out the plans they have
adopted.
tofore not a factor in your markets; but who, by reason of
Your board feels that more than the usual expression of
natural advantages, such as the extraordinary thickness of
their coal veins, a somewhat lower price for iabor, and the thanks is due to the officials and employees o f your company
increased railroad facilities afforded by extensions made because they, in addition to their continued fa ith fu l and effi
during the year, were able to establish a lower basis for coal cient discharge o f their duties, unanim ously acquiesced in the
reduction o f their p a y, to which the Receiver was reluctantly
contracts than formerly.
The decrease in the aggregate tonnage for the year is compelled to ask them to subm it because o f the great decrease
in the revenue o f your p roperty.
1,126,238 tons, or over 24 per cent.
By order of the Board,
Bituminous coal, shows the largest decrease of any one
item of traffic, v iz.:— 742,116 tons, or over 42 per cent of the
SA M U E L G. D e COURSEY,
same tonnage for 1893. This decrease is attributed to general
President,
depression in business and to the great strike of soft coal
miners during the months of April, May and June.
The large decrease in lumber tonnage is chargeable directly
to the general business depression, which suspended building SO U T H Y U B A W A T E R CO . OF NEW YO RK.
operations to a great extent throughout the markets reached
by your shippers. The decrease in this item is 204,785 tons, or
A P P LIC ATIO N TO THE N E W Y O R K STOCK EXCHANGE.
over 20 per cent of the same traffic for 1893. This tonnage is
not lost to your road, for being held at the mills it will event
N e w Y or k , Sept. 6, 1894.
ually be transported over your lines.
The decrease of 31 per cent in refined oil is mainly attribut
The South Yuba W ater Company respectfully applies to
able to the completion, in the early part of the year, of a pipe have listed 478 bonds of a total issue of 1,500 bonds of $1,000
line for the shipment of refined oil for export, which oil has each. Numbers 1 to 522 have been deposited with the
heretofore been carried by the railroads.
Farmers’ Loan & Trust Company to offset an underlying
Crude oil shows a decrease of 50 per cent, which is largely lien ; bonds numbers 1,001 to 1,500 are reserved for future
owing to the falling off in production, on account of the ex use. The application is now to list numbers 523 to 1,000 in
haustion of the territory.
clusive. The outstanding bonds are 522 in number, of $1,000
Iron decreased over 28 per cent, owing to the closing of the each, equal to $522,000. They are dated April 1,1 890 ; pay
mills and furnaces in Pennsylvania and Ohio territory. W e able in twenty years ; due, 1910. They bear interest at 6 per
expect to regain this tonnage, with a fair percentage of in cent, payable April and October.
crease, as the general business of the country returns to its
Date of the new issue is July 1, 1893; total amount, $1,500,normal condition.
000; maturity, July 1, 1923, being thirty years; principal and
Salt decreased over 22 per cent, mainly owing to decreased interest payable in gold; par value of each bond, $1,000; rate of
consumption.
interest, six per.cent, payable July 1 and January 1, at Farm
Traffic in general merchandise shows only a slight decrease* ers’ Loan Sc Trust Company, in gold ; Trustee of mortgage,
which is very gratifying considering the general stagnation of Farmers’ Loan & Trust Company of New York; title of com
business. A n increase in this item may be confidently pany, South Yuba Water Company; when organized, incor
expected.
porated April 1, 1880, under the acts of March 31, 1880, and
Anthracite coal shows an increase of over 31 per cent, owing February 17, 1848, statutes of the State of New York. The
to the larger contracts secured in the Western markets by company was originally organized under the laws of Cali
your principal shipper.
fornia in the year 1854, but became a New York corporation
Bark shows an increase of nearly 12 per cent.
in 1880 as above.
Present indications are for a gradual and general resump
Officers: President, Warner Yan NordeD, President Na
tion of business in which it is believed your company will tional Bank of North America: Vice-President, William
share.
Dowd, Vice-President Missouri Kansas & Texas Railway
A s to the physical condition of your property, it is gratifying Company; Secretary, H . W . Lazelle.
to report that on the whole it has not been allowed to deterior
Offices: 33 Nassau St., N. Y . ; Nevada City, and Auburn, Cal.
ate during the past year. There has been an improvement in
Counsel: Sullivan & Cromwell, New York.
so far as new bridges have been erected and in additional
The business of the company was begun in 1850, the first
ballasting, re-building of culverts and filling in of trestles. A ll incorporation being in 1854; since which the company has
ties needed during the year have been placed. The quantity had a career of uninterrupted prosperity.
It has never
of new rails laid was not so large as it should have been, nor defaulted on a single obligation, but has always paid in full
have the repairs to the car equipment been kept up quite so and at maturity.
w'ell as usual, and this mainly because it was not deemed
The capital stock of the company is $2,000,000. Dividends
provident to repair them before the revival of trade demanded to the amount of $1,239,358 79 have been paid, and an amount
their use. The motive power is in the same average condition still larger has been earned and put into construction.
as it was last year.
The company’s property is located in Placer and Nevada
In order to comply with legal requirements relating to the counties, California, on the line of the Central Pacific Rail
equipment of engines with driving-wheel brakes and appli road, as per maps and plans submitted herewith, The com
ances for operating the train-brake system, and the equipping pany owns 18 storage lakes and reservoirs, having a capacity
of cars with continuous power or air brakes operated from the of fourteen thousand millions of gallons, and 12 distributing
engine, and with automatic couplers, there will have to be reservoirs for supplying towns and cities along its lines in
expended, in round figures, $612,000, of which sum about case of a possible break in the canal lines. It owns 500 miles
$17,000 will be needed for the driver and train brakes to en- of canal and pipe lines having a daily capacity of 130 millions
gin es; about $75,000 for automatic couplers to cars and en of gallons. The company owns 4,500 acres of land to cover
gines ; and $520,000 for the automatic air-brake appliances to rights of way and to protect water rights and to prevent com
cars. To comply strictly with the requirements o f the law petition. It owns 948 acres of mining claims. Besides the
regarding this equipment the above expenditures will have above, the company owns inalienable water rights on the
t# be made as follows :
p Yuba River ; also rights of way for its . extensive system of
October 20, 1894.]]
THE CHRONICLE.
■U ------------ ---------------------------------canals, and all the necessary details of machinery for measur
ing and distributing water. Property valued at $4,000,000.
The necessity for extensive storage is appreciated when it is
understood that no rain falls for five months. The business of
the company is the selling of water for all purposes, to wit:
household and municipal, and for power and irrigation along
its lines. The company owns the water-works outright in
the towns of Auburn, Newcastle and Rocklin. In Lincoln
the company owns a half interest in the water-works. In the
other towns the water-works are owned by local corporations
and the water is furnished by the South Yuba Company under
specific contracts. The company also sells power to corpora
tions and individuals in the cities and towns for operation of
machinery for manufacturing purposes by direct application
and by electricity; also for eh ctric lighting and electric rail
ways. The towns supplied with water for municipal purposes
and otherwise are—Nevada City, Grass Yalley, Auburn, New
castle, Rocklin, Lincoln, Colfax and Roseville.
The improvements now in progress, and for which the pro
ceeds of these bonds will be used, is for the purpose of fur
ther development of the company’s facilities for furnishing
electric power and light to the cities and towns along the
line, for constructing additional storage reservoirs, and for
building about 200 miles of additional canal and pipe lines to
supply the demand of the cities and country not now reached
by the company’s lines.
Among the cities now negotiating for water supply and for
power for electric lighting and other purposes is the city of
Sacramento, which is only 18 miles distant from the present
terminus of one of the company’s lines. It is the company’s
intention to largely further develop the electric power and
light business in the cities reached and to be reached by its
lines. The company has 100,000 horse-power to be converted
into electricity and distributed for various purposes (only 20,000
horse-power less than the present capacity of the Niagara
Falls Power Company of Niagara Falls, New York). The de
mand for electric power for the operation of machinery, elec
tric railways and electric lighting in the cities along the lines
will add largely to the company’s revenue when the demands
can be furnished by these extensions. Up to 1890 the com
pany had more water than there was a demand for, but since
that date the development of the fruit industry in the terri
tory tributary to the company’s lines has made such demands
upon the supply of water that seven new storage reservoirs
have been purchased or constructed and large extensions have
been added to the company’s canal and pipe lines, all to sat
isfy the constantly increasing demand.
The area of country supplied by this system is about 2,000
square miles. The company has no competition, as it
controls the lakes and rivers from which the supply of water
is derived. The population of the tributary territory supplied
and to be supplied is about 400,000. The development of the
fruit industry in this territory is having a marked effect on
the growth of population.
The company’s system reaches over the width of the State
of California, from the summit of the Sierra Nevada moun
tains to near Sacramento, the capital of the State.
The following statement of business is submitted :
Met profits.
Interest on bonds.
1890
.......... ............................. $53,622 31
$33,000 00
1891
........................................
69,250 34
32,280 00
1892...........................„............... .
68,632 90
31,560 00
1893
........................................
69,047 42
31,320 00
1894 X8 months)................................
59,039 54
23,200 00
After the improvements now in progress are completed the
estimated net income will be $180,000, to meet an interest
charge of $60,000.
Maps of the property and a sample bond are appended;
also copies of the mortgage. A certificate acknowledging the
acceptance of the trust, and giving the numbers and amount
of bonds executed in accordance with the terms of the mort
gage, is marked A . Opinion of counsel on the validity of the
bonds is marked B. Copy of the mortgage, with the certifi
cates of record properly endorsed thereon and certified by the
trustee to be a true copy, is marked C.
Respectfully,
SO U rH Y U B A W A T E R COM PAN Y,
By W . V a n N o r d e n , President.
The committee on stock list recommended that the abovedescribed $478,000 6 P. C. 30 year Consol. Mort. Gold Bonds
of 1923, Nos. 528 to 1,000 inclusive, be admitted to the list.
Adopted by the Governing Committee, Oct. 10,1891/..
THE ERI • T E L E G R A P H «fe T E LE P H O N E CO .
ABSTRACTS FROM TH E APPLICATION TO LIST TH E
STOCK ON TH E N E W Y O R K STOCK E XC H A N G E .
N e w Y o r k , June 20, 1894.
The Erie Telegraph & Telephone Company was duly organ
ized and incorporated under the laws of the State of New
York, June 22, 1883, with a capital of $5,000,000(50,000 shares,
par value $100), full paid and unassessable. 48,000 shares
have been issued and are held by 1,550 stockholders; 2,000
shares remain in the Treasury. Since its organization the
company has paid 42 dividends, amounting to $1,668,000, now
paying quarterly dividends of one per cent, in February, May,
August and November. The stock has been listed on the Bos
ton Stock Exchange for the past ten years.
701
The principal assets of the company consist of stock in three
telephone companies, nam ely: 65 per cent of the capital
stock of the Cleveland Telephone Company of Ohio, capital
$1,100,000; 70 per cent of the capital stock of the North
western Telephone Exchange Company of Minnesota, capital
$1,250,000 ; 70 per cent of the capital stock of the Southwestern
Telegraph & Telephone Co. of New York, capital $2,000,000.
The remaining shares of the above three companies, namely r
30 per cent of the capital stock of the Cleveland Telephone
Company, 30 per cent of the capital stock of the Northwestern
Telephone Exchange Company and 30 per cent of the capital
stock of the Southwestern Telegraph & Telephone Com
pany are owned by the American Bell Telephone Company^
of B oston; 5 per cent of the capital stock of the Cleve
land Telephone Company is owned
by the American
Telephone & Telegraph Company of New York (Long Dis
tance Telephone Company). The Cleveland Telephone Co.
operates the telephone system under the patents owned by the
American Bell Telephone Company in the County of Cuya
hoga, Ohio, which includes the city of Cleveland. The North
western Telephone Exchange Company operates the telephone
systems under the patents owned by the Am erican Bell Tele
phone Company in the States of Minnesota, North Dakota
and South Dakota, excepting the city of Duluth in Minnesota
and the Black Hills District in South Dakota.
The South
western Telegraph & Telephone Company operates the tele
phone systems under the patents owned by the American Bell
Telephone Company in the States of Arkansas and Texas.
The three companies mentioned operate in over 237 cities
and towns, and have connected with their systems 15,500
subscribers; also 5,000 miles of long-distance lines connecting
exchanges and toll stations (see maps herewith).
STATEMENT OF ASSETS AND LIABILITIES OF THE ERIE.
TEL. & TELEP. CO., END OF FISCAL YEAR, MARCH 31, 1894.
Assets—
7,800 shares of the capital stock of the Cleveland Tele
phone Co., 18,900 shares of the capital stock of the
Northwestern Telephone Exchange Co., 13,880 shares
of the capital stock of the Southwestern Telegraph &
Telephone Co., Notes of the Southwestern Telegraph &
Telephone Co. ($175,000)........ .......... ........ ............. .....$5,469,555 OD
200,000 00
Treasury stock, 2,000 shares................ ................ .............
Accounts receivable. ..........................................................
67,271 04
Cash................................................. ........................................
8,790 85
$5,745,616 89
Liabilities—
Capital s to c k ................. ..................... .......... .....................$5,000,00009
Bonds and notes issued..................................................... .
551,000 00
Reserved for dividend No. 4 2 ..................... ..........................
48,000 09
Surplus.............. ........... ....... ........................................... .
146,616 89
$5,745,616 89
STATEMENT FOR THE FtSCAL YEAR ENDING MARCH 31, 1894.
The Cleveland Telephone Co., the Northwestern Telephone
Exchange Co. and the Southwestern Telegraph & Telephone
Co. report for the year ending March 31, 1894, a
Gross income o f ............................. ................. .......................$1,009,732 56
972,710 86
Gross expenses (including dividends paid)........................
Surplus.................. .......................... ................. ...............
$37,02179
Proportion of dividends received hy the Erie Telegraph &
Telephone Company ...................................................... $235,279 99
Dividends paid (4 of $48,000 each)..................... ...............
192,000 09
Surplus............- .................. .............................................
Expense and interest accou n t.......... .......... ................
$43,270 09
24,136 24
Net surplus......................... ..................... .................. .
$19,133 76
Total surplus of Erie and sub companies for the year___
$56,155 46
S u b s c r ib e r s : Number connected March 31, 1893, 15,356;
added during the year, 101, Total, 15,457.
D ire c t o r s o f t h e E r ie T e l e g r a p h &
T elephone
C o m p a n y .— Abner S. Adams, Capitalist, Lowell, Mass.; Chas,
E. Adams, President Massachusetts State Board of Trade,
Lowell, Mass.; H . D. W . Burt, with Oelbermann, Dommerich & Co., New York, N. Y .; Chas. J. Glidden, President
Traders’ National Bank, Lowell, Mass.; Wesley A .G ove, VicePresident First W ard National Bank, Boston. Mass.; Francis
Jewett, Jewett & Swift, Beef, Lowell, Mass.; James W . C.
Pickering, Treasurer and General Manager Pickering Knitting
Co., Lowell, Mass.; Asa C. Russell, General Manager Thorn
dike Manufacturing Co., Lowell, Mass.; .Levi Sprague, Pres
ident Traders’ & Mechanics’ Ins. Co., Lowell, Mass.; H .
Frederick Stevens, Auditor N. Y . & N. J. Telephone Co. , New
York, N. Y . ; James A. Weston, President Merchants’ National
Bank, Manchester, N. H .; Harvey A . W hiting, Capitalist,
Wilton, N. H.
President, Levi Sprague, Lowell, Mass.; Secretary and
Treasurer, Chas. J. Glidden, Lowell, Mass.; General Mana
ger, James P. McKinstry, Cleveland, Ohio.
W e enclose herewith letter from the Old Colony Trust Com
pany of Boston, transfer agents and registrar of stock. After
this date the transfer agents of ihe company will be Old Col
ony Trust Co. of Boston, New York Guaranty & Indemnity
Co. of New York, Registrars.— Globe National Bank of Bos
ton, Seaboard National Bank of New York. W e also enclosecertiticates of organization, copy of the by-laws of the
company and sample copy of the stock certificate. The ex
ecutive offices of the company are at 443 Broadway, Albany*
N. Y . , and Lowell, Mass.
Respectfully submitted,
T H E ERIE TELEGRAPH & TELEPHONE CO.,
By C h a s . J. G l id d e n , Secretary and 1 reasurer.
The Committee on Stock List recommended that the abovedescribed $4,800,000 capital stock be admitted to the list.
Adopted by the Governing Committee, October 10,1894,
THE CHRONICLE.
702
*§Jtoe © m u w e r c M
COMMERCIAL
% x m es.
EPITOME.
19,1894.
Light frosts were reported in the W est and Northwest, but
moderate temperature in Middle and Southern latitudes, and
no injury appears to have befallen exposed crops during the
current week. It is ascertained, however, that damage to
standing rice by wind and rain during early portion of this
month was greater than previously supposed, and consider
able deficit in the yield is feared. Weather conditions have
generally been considered favorable for cotton. Fall-sown
wheat is doing well on the average, although from a few
localities complaint of insufficient moisture is received. W heat
is being used considerably for feeding purposes and does
not move toward storage centres with freedom. Corn is
coming from growers’ hands in gradually increasing volume.
The foreign demand for breadstuffs was disappointing until
toward the close when exporters manifested greater interest
in wheat. The arrivals of swine at packing points exceed
previous calculations and values have weakened. Specula
tion in leading commodities has avoided new investment and
liquidated many previous holdings. The movement of gen
eral merchandise into hands of middlemen and retailers con
tinues moderate.
Lard on the spot has been neglected and with free offerings
prices have declined sharply, closing weak at 7 50c. for prime
Western, 6% c. for prime City and 8c. for refined for the Con
tinent
The speculation in lard for future delivery at this
market has been at a standstill and prices have declined under
full receipts of swine at primary markets and in response to
weaker advice from the W est, dosing easy.
F r id a y N ig h t , © ct.
DAILY CLOSING PRICES OP LARD FUTURES.
Sat.
Mon. Tues.
Wed. Ihurs.
Fri.
October........... ................. 8-05 8 0 5
8*00
7'85
7‘70
7-55
J a n u a ry ........................ 7*75 7*60
7*55
7*60
7*50
7*42
Pork has met with a slow trade and prices have weakened
slightly, closing at $14 25@$15 50 for mess, $15@$17 for short
clear and $15@$15 50 for family. Cut meats have been quiet
and weaker, closing at
8c. for pickled bellies, 9.g
for pickled hams and 6c. for pickled shoulders.
Beef has been dull at $7 50@$8 for mess, $9@10 50 for packet,
$10@$12 for family and $16@$18 for extra India mess. Beef
hams have declined, closing at $17 50. Tallow has sold fairly
well at steady prices, closing at 4% c. Lard stearine has de
clined, closing at 9c. Oleo-stearine has also weakened, but
the close was steady, with sales at 7c. Cotton seed oil has
been weak and prices have declined, closing easy at 25c. for
prime crude and 80c. for prime yellow. Butter has been
quiet, but steady, closing at 15@25c. for creamy. Cheese has
been in slow demand, but steady, closing at 8 @ llc . for State
factory full c earn. Fresh eggs have advanced, closing steady
at 1 9 ^ @ 2 0 c . for choice Western.
Raw sugars more freely offered at lower prices, but demand
failed to expand, and the close is dull. Centrifugal quoted
3% c. for 96-degrees test and muscovado at 3c. for 89-degrees
test. Refined sugars in light demand and buyers very cau
tious, with prices unchanged; granulated quoted at 4% c.
A ll other staple groceries dull and tame,
Coffee selling slowly and market tame, but holders indis
posed to make further important concessions on price. Rio
quoted at 14%c. for No. 7; good Cucuta, 1H%(3> 18c, and inte
rior Padang, 22)4@ 22% c. Speculation for future delivery has
been upon an irrregular basis, but with less depression than
during previous week, and at the close a demand to cover
short contracts strengthens values. The following were final
asking prices:
O ct.................... 13*10<\ I Jan...................1115c. I April................. 10*95c.
Nov............ . . . . 12'35o. F eb ................. ll*05o. May....... .......1 0 9 0 c ,
D e c .............ll*65o. 1March..................10*95o. I June ................ ... . ..
Kentucky tobacco has had a very slow call, but prices have
held steady; sales 100 hhds. Seed leaf tobacco has been in
limited demand and steady; sales for the week 1,750 cases, as
follows: 100 cases 1892 crop, New England Havana, 17^50c.;
300 cases 1893 crop, New England Havana, 6® 13c.; 150 cases
1892 crop, State Havana, ll@ 1 4 c .; 100 cases 1893 crop, State
Havana, 6 @ 8 c .; 500 cases 1893 crop, Zimmer’s, 10® l l ^ c . ; 200
cases 1893 crop, Wisconsin Havana, private terms; 100 cases
1892 crop, Zimmer’s, 14® 16c.; 150 cases 1893 crop, Pennsylva
nia Havana, 9(9) 10c., and 150 cases sundries, 5 $ 30c.; also 650
bales Havana, 68c.@$l 05, and 300 bales Sumatra, 90c.@$2 90
in bond.
There has been less excitement in the speculative dealings
in the markets for Straits tin and prices have declined
under liquidating sales, piompted by weaker foreign advices,
•closing weak at 15c. Ingot copper has declined slightly, but
the close was steady at 9*60 cents for Lake. Lead has also sold
off a trifle and the close was easy at 3*10 cents for domestic.
Spelter has been quiet but about steady, closing at 3*40 cents
for domestic.
Pig iron has been without change, closing
steady at $9 75 @ $13 00 for domestic.
Refined petroleum has been unchanged at 5*15c. in bbls.,
3: 65c. in bulk and 6 25c. in cases; crude in bbls. has been
steady, Washington closing at 6c. in bbls. and 3*50c. in bulk;
naphtha 5%c. bid. Crude certificates have been unchanged,
closing at 82,% c. bid. Spirits turpentine has advanced, closing
firm at 28 ^ c.@ 29 c. Rosins have been steady, closing at $1 30
@ $ 1 35 for common and good strained. W ool has been in
slow demand but steady. Hops have been dull and without
change.
[ V o l . B IX .
C O T T O N .
F r id a y N ig h t , O ctober 19, 1894.
T h e M o v e m en t o f t h e C r o p , as indicated b y our telegrams
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 381,131 bales
against 315,816 bales last week and 244,616 bales the previous
week; making the total receipts since the 1st of Sept., 1894
1,413,611 bales, against 1,117,001 bales for the same period of
1893, showing an increase since Sept. 1,1894, of 296,610 bales.
Receipts at—
Sat.
Mon.
Tues.
Wed.
Thurs.
Galveston........ 11,326 28,327 9,207 14,175 14,132
........
........
Velasco, &o___ ......
New Orleans.. 15,211 25,274 32,830 17,095 14,028
674 1,826 2,747
Mobile. . . . ____ 2,368 2,943
Florida............. . . . . . .
7,844 7,845 8,836 13,426 7,375
Savannah
........ ........
. . . . ..
... . .
Brunsw’k,&e.
Charleston....... 2,675 4,391 3,441 2,900 2,604
......
. . . . ..
........
......
Pt. Royal, &o. ........
Wilmington.... 1,926 3,088 2,303 1,855 1,903
....... . . . . . .
. . . . . . ; ........
Wash’tbn, &c.
Norfolk............. 2,837 3,762 5,122 3,649 2,856
827 2,029 1,034 1,029 1,061
West Poin t...
......
N’port N., &o. . . . . . .
........
........
353
......
......
......
Boston.............
......
......
........
........
Baltimore........
......
228
464
425 1,675
Philadelphia &c 1,040
Fri.
Total.
15,475
2,648
14,368
2,212
1,344
11,397
8,264
6,080
12,827
3,278
23
3,179
1,541
1,493
92,642
2,648
118,806
12,770
1,344
56,723
8,264
22,091
12,827
14,333
23
21,405
7,521
1,493
353
......
3,792
264
3,792
4,096
Tot’ls this week 46,054 78,456 63,872 57,630 46.934 88,185 381,131
The following shows the week’s total receipts, the total since
Sept. 1, 1894. and the stock to-night, compared with last year.
Stock.
1893.
1894.
Receipts to
This Since Sep. This Since Sep. 1894.
1893.
Oct. 19.
Week. 1,1893.
Week. 1,1894.
249,121
8,865
278,156
43,697
3,800
275,134
6,213
96,781
6,792
43,310
32
63,782
23,621
1,650
495
906
7,116
4,530
173.985
176
187,779
18,151
124,869
1,451
144,697
18,236
112,533
9,607
68,936
....
18.027
...
21,761
7,083
1,192
33,270
5,200
18,739
7,608
131,307
2,833
76,133
Totals....... 381,131 1,413,611 286,789 1,117,001
734,097
750,435
Galveston... 92,642
Velasco, &o.
2,648
New Orleans 118,306
Mobile.......... 12,770
1,344
Savannah... 56,723
Br’ wiok,&o 8,264
Charleston.. 22,091
P. Royal, &o 12,327
Wilmington.. 14,333
Wasn’n, &c
23
Norfolk....... 21,405
West Point 7,521
N’p’tN.,&c
1,493
New Y ork...
353
Baltimore...
Philadel.,&o.
3,792
4,096
354,548
9,789
410,165
58,252
1,464
256^930
25,142
105,595
23,595
65,343
114
61,960
17,942
2,947
473
56
10,854
8,442
57,509
3,027
82,568
9,388
121
56,725
3,729
22,407
6,788
12,291
11
20,556
8,913
300
188
1,737
531
22,663
37,688
6,361
152,953
9,000
16,137
6,107
In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons._________
Receipts at—
1894.
Galves’n,&o.
95,290
New Orleans 118,806
Mobile........
12,770
Savannah...
56,723
Char’ ton,&o.
34,918
Wilm’ton,&c
14,356
Norfolk. . . . .
21,405
9,014
W. Point,&o.
All others...
17,849
Tot. this wk.
381,131
1893.
60,536
82,568
9,388
56,725
29,195
12,302
20.556
9,213
6,306
1892.
1890.
1891.
62,229
62,778
66,840 106,831
16,664
8,757
74,454
56,047
38,222
20,161
9,095
12,935
16,262
35,613
16,583
18,688
17,776
10,920
1889.
53,687
57,040
80,795 102,711
16,137
14,426
53,524
63,084
21,647
19,864
5,950
11,895
27,073
36,272
24,786
17,543
15,063
12,532
286,789 270,733 380,121 313,451 320,578
Since Sept. 1 1413,611 1117,001 1127,953 1792,893 1754,279 1616,861
The exports for the week ending this evening reach a total
of 210,903 bales, of which 84,693 were to Great Britain, 23,005
to France and 103,205 to the rest of the Continent. Below are
the exports for the week and since September 1, 1894.________
Exports
from —
From Sept. 1,1894, o Oct. 19,1894
Week Ending Ost. 19.
Exp irte to —
Exported to—
Great
Great
Conti
Conti Total
lotai.
B rit’n. France nent. Week. Britain. France nent.
Galveston....... 15,304 14,991 8,726 39,081
2,184 2,184
Velasco, &e....
New Orleans.. 19,593 7,065 24,993 61,651
672 7,405
6,733
Mobile & Pen.
Savannah.......
...... 84,728 34,728
Brunswick......
6.500 18,361
Charleston*... 11,861
17,569 26,897
9,328
W ilmington..
Norfolk...........
West Point...
669
669
N’p’t News, &c
7,461
949 5,830 13,740
New York. ..
50 6,006
5,956
Boston............
5.154
2,453 7,607
Baltimore.. ..
2,674
2,574
Philadelp’a . . .
51,680 52,437
122,592 33,607
6,733
5,000
31,519
9,328
4,172
989
50,155
21,462
8,654
3,312
2,916
100
46,277
8,477
54,679
2,208
77,058
3,450
21,728
37,205
150,394
8,477
210,878
8,941
77,068
8,450
53,247
46,533
4,172
36,126
180!
14,520! X
450
969
89,197
21,642
23,274
3,762
84,693 23,005 103,205 210.903
315,576 89,080
302,358
706,994
Total, 1893.... 831.591 24.860 77,176 190,627
* Including Port Royal.
255,713 76,791
207,192
539,696
Total.............
!
ln addition to above exports, our telegrams to-night also
U fg us the following amounts of cotton on shipboard, not
Seared, at the ports named. W e add similar figures for
Ma w York, which are prepared for our special use by Messrs.
ON SHIPBOARD, NOT CLEARED—FOB
Oct. 19 at—
Great France. Other Coast
Foreign wise.
Britain.
98.344
60.344
75,533
26,386
11,851
9,839
63,545
41,632
Total 1894..'. 123,948 49,082 156,021 17,572 346,623
Total 1893... 114,475 28,080 84,192 15,610 242,357
9,577 242,415
Total 1892... 127,238 22,901 82,696
387,474
24,946 27,488 34,238
56,602 13,819 40,433
4.000 5,t 00 25.000
5.000 None. 37,300
300
6.000 None.
3.200 None. None.
7,750
2,775
9.200
15,000 None. 11.000
t h e S a l e s a n d P r ic e s o p F u t u r e s a re s h o w n b y t l £
fo llo w in g com p reh en sive table.
M
fi*
%
3
Leaving
StocJc.
Total.
89,435
2,763
2,787 113,641
37.000
3,000
42,600
300
6,300
None.
11,922
8,722
19,725
None.
26.000
None.
New Orleans...
Galveston........
Savannah........
Charleston.....
Mobile.............
Norfolk...........
New York........
Other port —
508,078
827,372
Speculation in cotton for future delivery has continued
about as in previous weeks. W ith exception of small deals
for quick turns operators found no attraction for investment;
exporters and consumers furnished scant custom, and under
efforts to sell against increasing crop movement prices further
declined, once more breaking all previous low records. On
Saturday the shorts were seeking profit accrued during decline
of preceding week and created a demand sufficient to advance
prices 8@9 points, from which there was a slight reaction.
Monday opened fractionally higher on rumors of frost damage,
but no important demand followed, and with only a little
extra pressure to realize cost fell away to 7 points net loss for
the day. During Tuesday there were several fluctuations of
a moderate character, closing without positive change, a
continued free crop movement overcoming favorable
conditions in Europe.
On Wednesday morning cable © j
advices again had a promising appearance and served
to give strength enough here for 6 @ 7 points advance;
but as soon as local “ shorts ” were covered demand
ceased, prices reacted and closed at 2 @ 3 points net loss.
Yesterday foreign accounts were less promising, the demand
very indifferent from all sources, and prices further declined
7@8 points.
To-day the market was unsettled but generally
easy and sold at still lower range under influence of heavy
movement of crop at ports and interior towns and fine weather
at the South. Cotton on the spot selling slowly at 5 15-16c.
for middling upland.
The total sales for for ward delivery for the week are 689,100
bales. For immediate delivery the total sales foot up this week
2,607 bales, including — for export, 2,507 for consumption.
— for speculation and 100 on contract. The following ar
the official quotations for each day of the past week—
October 13 to October 19.
Rates on and off middling, as established Nov. 23 by th
Revision Committee, at which grades other than middling
may be delivered on contract: i
Good O rdinary..... . . . . . o. 1*8 oft.
Fair...............................o. l x4
Good Middling Tinged...
Even.
Middling Pair............ .
7s
Strict Middling Stained.. ^%■¿ oft
Strict Good Middling.......
Middling Stained............. v16 oft
Good Middling................. 516
Strict Low Mid. Stained.. 2932 oft.
Strict Low Middling........ 313
Low Middling Stained.... 1 % oft.
Low Middling.................. 7,6
Btriot Good Ordinary....... 1316
On this basis the prices for a few of the grades would be as
follows:
S at. M o il T o e s W e d T h .
UPLANDS.
Good Ordinary.......................... 416i6
Low Middling............................ 568
Middling.........................
6He
Good Middling......................... 63s
Middling Fair............. .............. 6l5lfi
478
59ie
6.
65i 6
678
Good Ordinary......................
Low Middling...........................
Middling................... ................
Good M iddling........___. . . . . .
Middling Fair............................
STAINED.
Low Middling........................... .
Middling.............. .....................
Btriot M id d lin g .................
Good Middling Tinged.......... .
478
50ie
6
65ie
678
418le
538
516j6
6I4
613^
47a
59,6
6
6616
678
S at. M o il T u e s W e d T h .
GULF.
5316 518
513l4
5J8
6 5ie 6>4
65s
09ie
7316 7^8
S at. M o n
4U16
558
52732
6ite
45a
59,6
52532
6
5>316
6*4
69,6
718
V ues
518
513le
6H
69,6
718
W ed
45s
59J6
52a32
6
45s
59,6
ö2632
6
She
5%
6 3ie
613
71,6
V ii.
F r i.
4i»ia
53a
5 15i6
6H
613le
F r i.
SALES OF SPOT AND CONTRACT.
Sat’day. Dull....................
Monday Quiet at i,6 dee.
Tuesday Dull....................
Wed’day Easy...................
Thnr’d’y D’l& easy,iiedo
Friday.. Dull and easy...
. Total.
134
1,534
211
187
219
222
2,507
io o
....
134
1,634
211
187
219
222
100 2,607
p
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52332 52332
515,8 515le
Con- Spee- Con
Eocport. sump, uPt’n tract. Total.
o t3.£S< OD©
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53»
MARKET a n d SALES.
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SPOT MARKET
CLOSED.
703
THE CHK.ON1CLE.
OCTOBER 20, 1894]
d: :
•4
"J"J ®
50 ©1 W *<
I a®:
to
Id
Id
Id
I I
* Includes sales in September, for September, 28,100.
The following exchanges have been made during the w eek:
12 pd. to excb. 600 Jan. for Mch.
"06 pd. to exch. 100 Nov. for Deo.
•31 pd. to exch. 3,000 Nov. for Apr.
"06 pd. to exoh. 200 Deo. for Jan.
•12 pd. to exch. 700 Moh. for May. •38 pd. to exch. 3,500 Nov. for May.
•07 pd. to exoh. 300 May for Jane. •31 pd. to exoh. 300 Deo. for May.
"18 pd. to exoh. 800 Dee. for Moh. •12 pd. to exoh. 100 Jan. for Moh.
Sales of
"25 pd. to exoh. 500 Jan. for May. ’ •24 pd. to exoh. 500 Jan. for May.
Futures. •44 pd. to exch. 1,600 Nov. for J’ne.
___ 2
« I
T h e V is ib l e S u p p l y o f C o tto n to-night , as made up by cable
78,400
140,900 and telegraph is as follows. The Continental stocks, as well as
117,200 those for Great Britain and the afloat are this week’s returns,
108,700 and consequently all the European figures are brought down
131,600 to Thursday evening. But to make the totals the complete
112,300
figures for to-night (Oct. 19), we add the item of exports from
689,100 the United States, including in it the exports of Friday only.
THE CHRONICLE.
704
1*94.
1893.
1892.
1891
806,0001,029,000 623,000
' Stock at Liverpool....... bales. 708,000
10,000
9,000
12,000
Stock at London.....................
8,000
Total Great Britain stock. 716,000 816,000 1,038,000 635,000
10 , < 00
4,300
4,800
Stock at Hamburg....................
26,000
61,000
80,000
56.000
Stock at Bremen.......................
57,000
11,000
17.000
17.000
8,000
Stock at Amsterdam...............
200
200
300
Stockât Rotterdam ...............
100
8,000
5.000
5,0ou
Stock at Antwerp............
20,000
Stock at Havre....................
260,000 305,000 311,000 156, OOU
5,000
9.000
5.000
10.000
Stook at Marseilles
47.000
42.000
25.000
31.000
Stock at Barcelona
11.000
4.000
13.000
5,000
Stock at Genoa..........................
23,000
26.000
26.000
29.000
Stock at Trieste.......................
Total Continental stocks.. 440,100 500,200 484,000 309,600
Total European stocks. . . . 1,156,100 1,316,200 1,522,000 944,600
21.000
34,000
42,000
39,000
India cotton afloat for Europe.
Amer, cott’n afloat for Europe. 502,000 354,000 330,000 46o,00o
30.000
26,000
37,000
32,000
Egypt, Brazil,&o.,afltfor E’r’pe
Stock in United States ports.. 734,097 750,435 869,787 1,074,985
Stook in U. 8. interior towns.. 233,898 227,101 259,990 310,863
27,261
30,756
25,650
34,142
United States exports to-day.
Total visible supply.......... 2,704,356 2,738,442 3,086,427 2,895,590
Of the above, totals of American and other descriptions are as follows:
[ V o l . LIX.
Q u o t a t io n s f o r Mid d l in g (Jotton a t O t h e r M arkets .—
Below we give closing quotations of middling cotton at South
ern and other principal cotton markets for each day o f the week"
CLOSING QUOTATIONS POR MIDDLING COTTON ON—
Week ending
Oct. 19,
Satur.
Mon.
Tues.
Galveston...
New Orleans
Mobile.........
Savannah...
Charleston..
Wilmington.
N orfolk......
Boston .......
Baltimore.,.
Philadelphia
Augusta. . . .
Memphis....
St. L ou is....
Houston. . . .
Cincinnati..
Louisville...
5 is
67i«
53s
&716
5716
5>s
5*8
6xie
6
6*3
53ia
5»«
59i0
5ifl
578
5®s
519
57ie
o»ia
5718
5716
5*0
50g
6 lie
6
6>«
51«
513
5»ie
5i*
578
5Sg
5>3
5718
5Ï4
5716
57I6
5^
5*3
6
6
67je
57ie
5716
5*3
5*3
5%
588
Wednes.
Thurs.
Fri.
57ib
5716
5*4
®716
fixe
538
553
6
57s
6’ ie
57lK
0716
5*«
5716
534
55s
53s
53g
5q
5*4
53a
538
53J8
538
53g
5*3
5*3
6
516.»
57a
53t8
67k
6%
55 «a3g 55, '®3ò
5716
5*3
5716
f>48
5V
54,
55g
5*3
The closing quotations to-day (Friday) at other important
Southern markets were as follows.
51* I Newberry.............
Atlanta............
5^16 Little R o ck ....
Montgomery...
5ii« ! Raleigh........... si^ l
Columbus, Ga. 5
Selm a,............ .......
Nashville. . . . . .
S’i
Columbus, Miss 5
53is Shreveport...... 413".
Natchez.........
B u fa tila .......
5H
Liverpool s to c k ...........bales.
568,000 634,000 875,000 460,000
Continental sto ck s.............. ... 280,000 391,000 335,000 180,000
American afloat for Europe... 502,000 354,000 330,000 460,000
United States s to ck ............. ... 734,097 750,435869,. 87 1,074,985
United States interior stocks.. 233,898 227,101 259,990 310,863
United States exports to-day.
27,261
30,756
25,650 34,142
Total American..........
2,345,256 2,387,292 2,695,427 2,519,990
R e c e ip t s f r o m t h e P l a n t a t io n s .— The following table
Fast Indian, Brasil, die. —
Liverpool stock ....................... 140,000 172,000 154.000 163,000 indicates the actual movement each week from the plantations.
10,000
8,000
9,000
London stock.........................
12,000 The figures do not include overland receipts nor Southern
Continental stocks____ . . . . . . . 160,100 109,200 149.000 129,600 consumption; they are simply a statement of the weekly
34.000
21,000
India afloat for Europe............
42.000
39.000
26.000
37.000
Egypt, Brazil, &c., afloat........................... 30,000
32.000 movement from the plantations of that part of the crop which
finally reaches the market through the outports.
Total East India, &o............................ 359,100 351,200 391,000375,600
Total Amerioan..................................... 2,345,256 2,387,292 2,695,4272,519,990
Receipts at the Ports. SVk at Interior Towns. Rec'pts from PlanVn»,
Week
Total visible supply........... 2,704,356 2,738,492 3,086,427 2,895,590
Middling Upland, Liverpool..
39v. d.
4 n 16d.
47,, d.
4%d.
Ending—
1892. 1893. 1894. 1892. 1893. 1894. 1892. 1893. 1894.
Middling Upland, New York,.
5>5i6c.
89i«o.
8*40.
871#c.
Egypt Good Brown, Liverpool
4t316d.
5%d.
5d.
6*«d. Sept. 1 4 ..... 87,793 53,703 85,884 184,957 84,871 66,830, 94,044 58,646 96,801
Peruv. Rough Good, Liverpool 5 111«d.
6*sd.
5l516d.
9d,
“ 21. .. 120,328 95.849 145.547 142,600 96,756 84,519 it27,87) 107.784 163,230
33ad,
Broach Fine, Liverpool..........
45gd.
44« d.
4916d.
“ 28. .. 140,993 161,438 202,221 163,885 128 438 109,245 162,378 193 120 226,947
Tinnevelly Good, Liverpool..
3'^ied,
4U i6d.
43i6<L
4*sd
186,233 156.962 161,909 213.468 251,080 287,280
(¡¡^“ The imports into Continental ports the past week have Oct. 6 ...... 191,120 223,456 214,616
“
12....... 259.128 264,598 316.816 235,870 188,723 190,402 298,765 298,359 354,309
been 40,000 bales.
r. i » ...... 270.733 288.789 3-1,131 259,990 227,101 233 898 304.853 325,167 424,627
The above figures indicate a decrease in the cotton in sight
The above statement shows: 1.—That the total receipts from
to-night of 34,136 bales as compared with the same date
of 1893, a decrease of 382,071 bales from the corresponding the plantations since Sept. 1 in 1894 are 1,590,174 bales; in
1893 were 1,267,936 bales; in 1892 were 1,259,309 bales.
date of 1892 and a decrease of 191.234 bales over 1891.
2.— That although the receipts at the outports the past week
AT t h e I n t e r io r T o w n s the movement— that is the receipts were 381,131 bales, the actual movement from plantations was
for the week, and since September 1, the shipments for the 424,627 bales, the balance going to increase the stocks at
week and the stocks to-night, and the same items for the the interior towns. Last year the receipts from the plantations
corresponding period of 1893—is set out in detail below.
for the week were 325,167 bales and for 1892 they were
304,853 bales.
WG W% g 3 Q 9 WQ ® k¡<! tai S © Q g £ Wg Q > > ►
§ è | | | I s g l i wg § t t $ s'a a i g f l f i l
O v e r l a n d M ovem en t f o r t h e W e e k a n d sin ce S ept . 1.—
W e give below a statement showing the overland movement
p Bs ® « » * * S F -s S -p B llfe ?
es*
for the week and since September 1. A s the returns reach us
&
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
H H J»O iz¡g
fethe principal matters of interest are given.
This weekly
S « qS qS
o
publication is of course supplementary to the more extended
s § s fc o ¿1*5
¡h : : s :
-w M 1
« o5 i oS 2g
o
monthly statements. The results for the week ending Oct. 19
.m oo
•a g i . 00 f • pW
and since Sept. 1 in the last two years are as follows:
S gwK ¡
: ;i 3
1893.
1894.
O
CO
lf>*
*
M
iu 4kOC^
WW#>"e o M toOICO*4om s ^
October 19.
Sines
Since
V MV ta V & .w -'ïa * 4. oo'toœ cs oos'îo c« <i7o *
o m a. Vi'î*.
Week. Sept. 1. Week. Sept. 1.
o io œ * i* i,'O M M W O » 0 'i - i c o » - ‘ aoœ ® 0'iP 'W O H eo'0 ÎVCo
tooocvOOOcoaatoto-40<aot>30ocit-tOHcocoi<9 0CoK-i->t9aHao
Shipped—
&
37,148
38,008
87,526 112,355
15,740
CT.KJOI >4
to
00
M
CO HtOtOOttOI-iMM MOI
6,884
33,622
13,753
WMOOM
OOCJICJ>WÇCCOOOtoo1O MCO-t^OSHHSitO'ltOOO-a HS
930
.C*
00® toooœ'coao'cn'tc^wì-*-"—
«M O -* toÔo'tv'ÔDaoV'co '•n
337
177
«S >— Ö5 TO r e i « N) C5 CO M © M © t» W © H 1H O ' » I <1 OS © W Ol f* OU «5 H -'S W
5,486
2,139
10,562
l(k «C W > -‘ l - ‘ ® © 5 C I - i ^ l < l ü ' l - ‘ © C H © © i» - i (k - C n W Ö i ® r - ‘ i t - S O » 4 W « M ©
4,346
8,421
2,893
12,110
4,328
10,125
82
O H *
CO
H*
2,736
3,962
10,489
Via other routes, & c..................
p iü ffte i l l l f l i l i p l l i f l âfeal
Ess
ÜTOCOOC“-* COHWHôîO ~*
|t*(/,'H£CDCCCDOOÔvlCDOO, O(^irQCHK,^Ot0W4»0DOO'CO*vl
»wcn^üiootDyico)coouaGooivOw^aocDO«ü>rf-wcD<ioiH
« Il
ÜljwÜ* CO; ; 00
§ Sa
~ g
m a
V '*-4^ ^ccn 'b i'co'oi'V i to^o rûîc'ooV j oîV
Ü*IO
o mW
o o V fc©
cc ao
h
V
h*
COH*H*O
V-sl toO
oT-h• > coC
O Olbt öiV'bt'o to^ tO^ wVbo ÄO»
OCJiV
o»K/»Hto»u.; ; coa»cp05<iOiC,:wo>Ho«ato>-‘<j*-70^H ‘ OQo^o<i
Hl^MÜlr*. i C&WfcôiHH*<£3^^IO*-0*CDWiHOfcO<y»»H^-Ü»iHCOttO
to
M0»>-»COto to ;
05
CO
H* i-»tOtO tOMIOM tO»H
ltOtOO»H^3M<ICOOC^'io<l^' jf^QO H*05O*CCO050 O COO 0500
*t0
^ co
o
obo'Vo obr côV • 0*0 oo^aobe h*JDlowVbo coVj'bt
•QOOO^^O^OQOiHCOXO^'O; ao5*-»eoeotOH-tocoto»ctoo50oiH
to JHCO O to •>! COto 0500 H 03CKCH« tOCOCWCntOtOHr-CO-qtOCDCCl^tO
05
H*
H*
toweo, w MJ-*co
fco^MtpMtg;
0 toV
ü»ec'co'co'bi'ü» co•
<!XOCOCO^IiHCOeO'^0'iHtOO'tO,l
C005Oh«C505C0|H^JC0C7’ ^C0OC0i
^toco to p 00 COto to
H* i o *-• o
O 0 ^ 0 5 C3
GO CO CoV
S tó
S
: r 1! 3 to#»-® iuta tato wœppsosœj^HSj^oopsM r» go : o .* , o c c V
w'*-' t-105 o V < i a a s cu o to ui I to 2 ,
OOtOWOtf».: it»Cw©«eit.05©Ç0<»-,,WWî0051CC5v,-3-l©«05i-‘ O © w
•slO©t0^1M00©00©©W ©W M©i-‘ H l© ® ^«< i-‘ -4 I •
* Louisville figures “ net” in both years
t This year’s figures estimated.
1 Last year’ s figures revised.
The above totals show that the interior stocks have increased
during the week 43,496 bales and are now 6,797 bales more than
at same period last year. The receipts at all the towns have
been 92,548 hales mo^e than same week last year and since
Sept. 1 are 340,012 bales more t.bun for same time in 1893.
154,486 27,007
78,187
8,241
655
3,123
19,825
2,058
13,269
2,456
413
2,592
13,047
1,053
8,319
12,019
35,152
5,461
22,419
1894.
"(û \ 7—
i'co7-i 05 i
I^Wi»â>©ÜO©
Total to be deducted.............
64,395
55,768
Leaving total net overland*.. 52,876 119,334 21,546
* Including movement by rail to Canada.
f Revised.
The foregoing shows that the week’s net overland movement
this year has been 52,876 bales, against 21,546 bales for the
week in 1893, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 63,568 bales.
topico
00505ÇO*VCOîoioic'o'Vi'cob*Mon! O 0 0 c o ' o ’î o CJ*co'î“*050505
CO^*-*CO<ltO<l«s|>H-^»HOCOOOJU
CDOt9C0<lt0t005->I^H*OC0iHiH
IM-COOI tOj-*M^
Peduet shipments—
Overland to N. Y ., Boston, &o..
Between interior towns ............
Inland, &o.,from South______
In Sight and Spinners'
Takings.
Week.
Since
Sept. 1.
1893.
Week.
Nine«
Sept. L
Receipts at ports to Oot. .19.......... 381,131 1,413,611 286,789 1,117,001
55,768
Net overland to Oct. 19................ 52,876 119,334 21,546
Southern consumption to Oet. 19 17,000 117,000 16,000 111,000
Total marketed........................ 451,007 1,649,945 324,335 1,283,769
Interior stocks in e x c e s s ..... . . . . 43,496 176,563 38,378¡ 150,935 i
362,713
Game into sight during week. 494,503
1,434,704
1,826,508
Total in sight Oet. 19..— . . . .
Worth’ n spinners tak’gs to Oct. 19
It will be seen by the above that there has c<>me into sight
daring the week 494,503 bales, against 362,713 bales for the
same week of 1893, and that the increase in a n^ttnt in sight
to-night as compared with last year is 391,804 bales.
O CTO BER
20, 1894.1
705
THE CHRONICLE.
Charleston, South Carolina.— D ry weather all the week
“W
t h e r R epo rts b y T e l e g r a p h . Our telegraphic ad
The thermometer has ranged from 50 to 81, averaging 6o.
vices this evening indicate that the weather has been favor
Stateburg, South Carolina.— Light frosts occurred on lowable in the greater part of the South the past week. Dry grounds on Monday and Tuesday, but no damage resulted.
weather has prevailed in most sections and where rain has There has been no rain during the week. Average thermom
eter 59 1 , highest 79 and lowest 43.
[
fallen the precipitation has been very light as a rule. A s a
W ilson, North Carolina.— W e have had no ram the past
consequence picking and marketing have made excellent week, but there has been harmless frost. The thermometer
nrogress. Some correspondents report frost during the week, has averaged 56, the highest being 78 and the lowest 36.
Columbus, Georgia.— Dry weather has prevailed all the
but except at a few points in North Mississippi and North
week. Average thermometer 63, highest 79, lowest 42.
A l a b a m a it was not killing.
.\
Savannah, Georgia.—It h^s been dry all the week. The
Galveston, T e x a s .-The weather is rather dry for fall veg thermometer has averaged 64, the highest being 81 and the
etation. There has been no rain during the week. The ther lowest 47.
_
_
,
.
Augusta, Georgia.— Light frost occurred on Tuesday and
mometer has ranged from 65 to 81, averaging 73.
9
did no damage to the crop. The weather has been clear and
Palestine, Texas.— Cotton is coming in freely. Rain has pleasant all the week and cotton is coming in freely. Indi
slightly injured the staple. W e have had rain on two days cations now point to a yield nearly if not quite equal to last
of the week, the precipitation being seventy-two hundredths year. The thermometer has averaged 59, ranging from 38 to
The following statement we have also received by telegraph
of an inch. Average thermometer 67, highest 86 and low
showing the height of the rivers at the points named at
est 48.
Huntsville, T e x a s .-Receipts are quite liberal. W e have
. 18, ’94. Oct. 19, *
had no rain all the week. Tne thermometer has averaged
Feet.
Feet.
66 the highest being 84 and the lowest 48.
45
30
Dallas Texas.— The cotton crop is larger than anticipated New Orleans ........A b o v e low-water mark.
3-5
OO
Above low-water mark.
and the top crop looks promising. W e have had no ram the Memphis..................
16
0-2
Nashville.................. Above low-water mark.
2-3
3
6
past week. The thermometer has averaged 63, rangmg from Shreveport...............Below zero of gauge.
1-8
1-9
Vicksburg.
.
.
.
.
.
.
.
Above
lo
w~wat6r
mark.
4*2 to 84»
San A ntonio, Texas.—Picking has made good progress.
I n d ia C otton M o vem en t F r o m a l l P o r t s . — The receipts
We have had no rain during the week, The thermometer has
and shipments of cotton at Bombay have been as follows for
ranged from 50 to 90, averaging 70.
the week and year, bringing the figures down to October 18.
M in g , Texas.— Dry weather has prevailed all the week.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
Picking is active.
Average thermometer 68, highest 88,
Receipts.
Shipments this week. Shipments since Sept. 1.
l°C o tm b ia , T e x a s .-The weather has been dry all the week.
Since
This
Conti
Great
Conti
Great
Total. Week. Sept. 1.
Crop gathering continues to make good progress. The ther tear BriVn. nent. Total. Britain nent.
mometer has averaged 68, the highest being 86 and the
20,000
17.000 3.000
5.000 12,000
4.000 4.000
1894
30.0(H) 11,00 > 57.000
2.000 28.000
3.000 3.000
^Ijuero^Texas. — The weather has been exceptionally fine for 1893
20.000
4.000
29.000
2,000 27.000
1892 1,000 4.000 5.000
57,000
28.000 17,000
nicking, and as a rule one half of the crop has been gathered. 1891 1,000 6,000 7.000
2,000 26.000
Boll worms a r© reported from some localities but in. general
According to the foregoing Bombay appears to show
they are not doing much harm. W e have had no ram the past
a decrease compared with last year in the week s receipts of
week. The thermometer has averaged 69, ranging from 50 to 88
8,000 bales and an increase in shipments of 1,000 bales, and
Brmham, Texas.— Some corn has been gathered and cotton
the shipments since Sept. 1 show a decrease of 13,000 bale?.
nicking makes rapid progress. W e have had rain on one day
The movement at Calcutta, Madras, and other India ports f f
during the week, the precipitation reaching twenty-eight hun
{he last reported week and since the 1st of September, for two
dredths of an inch. The thermometer has ranged from 50 to
years, has been as follows. “ Other ports” cover Ceylon,
90, averaging 70.
•
___________
Belton, Texas.— W h ea t-sow in g has com m en ced ov er N orth futicorin. Kurrachee and Coconada.
,
Texas. P ick in g o f cotton is a ctive. There has been on e sh ow er
the past w eek , the ra in fa ll being thirteen hundreths o f an
inch A vera ge th erm om eter 67, h ighest 88 a nd low est 46.
Fort W orth , Texas.— There has been light rain on one day
during the week, the precipitation reaching eight hundredths
of an inch. The thermometer has averaged 64, the highest
being 85 and the lowest 44.
.............
I
x
.
Weatherford, Texas.— W e have had light ram on two days
of the week, to the extent of nineteen hundredths of an inch
The thermometer has averaged 66 and ranged from 48 to 86.
New Orleans, Louisiana — There has been no ram the past
week. Average thermometer 68.
» Shreveport, Louisiana.— "W© have had rain on one day of
the past week, the precipitation being sixty hundredths of an
inch. Average thermometer 65, highest 84, lowest 47.
Columbus, M ississip p i— It has been dry all the week. The
weather is now warm. The thermometer has averaged 61
the highest being 84 and the lowest 37.
.
Leland, M ississippi.— W e have had no ram during the
week. The thermometer has averaged 63-9, rangmg from
38 to 88.
. 6
Little Bock, Arkansas.— Telegram not received.
Helena, Arkansas.— The weather has been favorable t
3
i
r
3
f
being 82 and the lowest 40.
.
, ,,
3
Memphis, Tennessee.— The frost of last week killed th<
of plants in low places. There was light rain on two
during the early part of the week, but since the weather has
been dry and favorable for out* door work. Picking and tyihyketing are active. The rainfall reached seventeen hundredths
of an inch. The thermometer has averaged 62-7, rangmg
from 42 to 84*2.
.
Nashville, Tennessee.— The weather continues dry and very
favorable for gathering cotton. W b have had several light
frosts. The thermometer has ranged from 34 to 85, averaging
60'Mobile, Alabam a.— The weather has been very favor
able all the week for picking, no rain having fallen. Killing
frost is reported to have occurred on Monday morning at some
points in North Mississippi and North Alabama. Average
thermometer 64, highest 83 and lowest 46.
,
M ontgom ery, Alabam a.— Light frost occurred on Monday,
but since then the weather has been warm and pleasant.
There has been no rain during the week. The thermometer
has averaged 62, the highest being 76 and the lowest 48.
Selma, Alabam a.— It has been dry all the week. Light
frost occurred on Monday morning. The thermometer has
averaged 59, ranging from 39 to 78.
Madison, Florida.— Telegram not received.
Shipments since Sept.
Shipments for the week.
Great
Britain.
Calcutta—
1894........
1893........
M adras1894........
1893........
All others—
1894........
1893........
Conti
nent.
Total.
Great
Britain. Continent.
Total.
1,000
1,000
1,000
1,000
2,000
1,000
3.000
2.000
2,000
1,000
1,000
1,000
3.000
2.000
7.000
6.000
6,000
3,000
13,000
9,000
2,000
1,000
2,000
2,000
3,000
7.000
9.000
11,000
10,000
18,000
19,000
Total a l l 34,000
19.000
15 000
6,000
2,000
4.000
1894........
30 000
14,000
5,000 l 16.000
3,000
2.000
1 8 9 3 ......
The above totals for tne w ees snow
mo
»he ports other than Bombay is 1,000 bales more than the same
week last year. For the whole of India, therefore, the total
shipments sinoe September 1, 1894, and for the corresponding
periods of the two previous years, are as follows.
EXPORTS TO JBUROPB FROM ALL INDIA.
1892.
1893.
1894.
Shipments
Since
This
Since
This
o alt Europe
Since
This
Sept. 1.
week.
Sept. 1.
week.
from —
week. Sept. 1.
Bombay...........
Ulotherports.
4.000
6.000
17.000
34.000
30 000
3.000
5.000 . 30.000
5.000
3.000
29.000
29.000
58,000
8,000
60,000
8,000
51 000
Total......... 10,000
ALEXANDRIA R eoeipts and Shipments .— Through arrange
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and 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 tne
. - __ _____ __ wM/wri/viici ftori vfiars.
Alexandria, Egypt,
October 17.
Receipts (cantars*)....
This w eek ....
Since Sept. 1.
1894.
1893.
120,000
115.000
251,000
230.000
Since
This
Since
This
week. Sept. 1. \oeek. Sept. 1.
1892
310,000
916,000
Since
This
week. Sept. 1.
ixports (bales)—
13.000 49.000
Co L iverpool............ 4.000 13.000 8,000 17.000 5,000 22.000
To Continent............ 4.000 28.000 4,000 19.000
8,000 46,000 12,000 36,000 18,000 71,000
Total Europe.:—
* a oaniar is » b puuuuo.
..
.
This statement shows that the receipts for the week endins
Oct. 17 were 115,000 cantars and the shipments to all Lurop
8,000 bales.
706
THE CHRONICLE.
CVOL. LIX,
M a n c h e s t e r M a r k e t .— Our report received by cable to. ,
_
night from Manchester states that the market is firm for both NEW
bales
Mexican,9,239 ...Nasm yth,3.348....Santanderino 7,273 9a
yarns and sheetings. The stock of y a m is decreasing. W e
To Havre, per steamers Caravellas, 7,316.. Humber 4 son
...jMemnon, 8,948...................... .
.
o,»oo
give the prices for to-day below and leave those for previou®
To Hamburg, per steamer Australia. 1.532 ........................... 22,064
To Genoa, per steamer Myrtle Branch. 3.975 .....................* ¿*532
weeks of this and last year for comparison:
G a l v e s t o n — To Liverpool, oer steamers Britannic *5 824
3,975
Collingham, 7,1 50 .... Monro via, 7,100 . . .
*
1894.
1893.
To Havre, per steamers Polano, 8 ,2 75 ....Roumanian 6 6tV'
Oott’n
To Bremen, per steamers Cambria, 4,813....Fulw ell 6 979 i H i 6
Oott t I
82* Oop.
8k lbs.
8*4 lbs.
Mid. 32* Oop.
M o b i l e —To Vera Cruz, per steamer Amrum, 801. . . . . .
,972‘ 11,785
Mid
Twist.
Shirtings.
Shirtings.
S
a
v
a n n a h — To Bremen, per steamers Belttsloe, 4.754
801
JJplds Twist.
Upl
nque, 5 ,1 5 1 ...................................
•* « * .... n®d.
d. a. d. s. d.
To Hamburg, per steamer Bei"ti8loe,*L325'"
"
.............. ? ’955
d
d.
d. 8. d. S. ‘1 .
fl
1
Sp. 14 5i3x<j®658 4 6*896 7
To Reval, per steamer City of Worcester, 4,800” I'"w.’ """” ' i ’o?5
32782 7iie ®7«s 5 9 ®7 6
4Ss
” 21 5D i 6®6*a 4 6 ®6 6
32332 7*e ®7% 5 10 ®7 7
Liverpooi, per steamer Inishowen Head, s’ öoö f nrm
41*16 BamswiOK—To
“ 28 558
4 5 'ft6 4*8 3®16 7*s ®7?1 5 1 0 ® 7 7
To St. Petersburg, per steamer North Gwalia. 1.500
ü ,
4*8
Oot. 5 5% ®67i« 4 5*a®6 5
............ ¿'"00
To
Reval,
per
steamer North Gwalia, 1,6 00 ....
3*8 7*6 ®7% 5 10 ®7 7
45g I
“ 12
4 5 ®6 4
,b0°
31*32 73jg ®7^: 5 10*a®7 7*a 41116 CHARLESTON—To Liverpool, per steamer Abarenda," 9,l*2*7*
“ 19 5®8 ®65ig 4 5*s®6 S*8 3939 17*4 ®7% 5 10*s®7 7*a
and 10 S e a ls la n d ................................... ..
p
41*16 N o r f land
o l k — To Liverpool, per steamer Lord Bansror. 4Ü VsT"
‘
S e a I s l a n d C otton M o v e m e n t .— W e have received this B oston —To Liverpool, per steamers Bostonian, 425. ..Bothnia 4,172
4 5 0 .... Cambroman, 1,875.......Georgian, 2 ,211... Norse(Friday) evening by telegraph from the various ports the
* _00
man, 713 upland and 54 Sea Island......................
To
Yarmouth, per steamer Boston, 100........ 1......... ! ” ...........
details of the Sea Island cotton movement for the week. The BALTiMORE—To
Liverpool, per steamer Queensmore.l.iöö""**" i
To London, per steamer Michigan, 800 . . .
...... 1’¿5*9
receipts for the week ending to-night (October 19) and since
To Bremen, per steamer Dresden, 3 ,8 0 3 ...!" ’ ^ .................... o Sx*
Sept. 1, 1894, the stocks to-night, and the same items for the
’„„X
To Hamburg, per steamer Grimm, 200............ ...................
To Antwerp, per steamer Rialto, 648................ ....... ..............
corresponding periods of 1893, are as follows.
648
P h i l a d e l p h i a —To Liverpool, per steamer Lord Gough,*438"” ."
438
1894.
Total.
1893.
Stock.
................................................................................ «167,688
Receipts to Oct. 19.
This
Since This
Since
The particulars of these shipments, arranged in our usual
week. 8ept. 1. week. Sept. 1. 1894. 1893.
form, are as follows:
Savannah..
3,241 13,606 3,634 11,334 7,018 9,019
Hull
Bremen Other
V.Oruz
Charleston.,
260
748
Liver ! Lon142
348
«£ Ham- North, South <6 Yar967
727
Florida, &e.
191
256
pool. don. Havre, burg. Europe.Bar ope,mouth.
79
199 1,175 1,183
Total.
New York. 4,447 3,014
949 2,364 2,966
13,740
Total.
3,692 14,610 3,855 11,881 9,160 10,929 N. Orleans. 28,544 ........ 22,034 1,532 ........ 3,975
56,115
46,774
The exports for the week ending this evening reach a total Mobile1!? Z
801
801
Savannah..
........ 11,230 4,800
of 617 bales, of which 617 bales were to Great B ritain ,___ to
16,030
Brunswick 5,000
3,100
8,100
France and
to Reval, and the amount forwarded to Charleston. 9,139
9,139
Norfolk.... 4,172
4.172
Northern mills has been 1,274 bales. Below are the exports Boston....... 5,728
100
5,828
Baltimore..
1,100
800 ........ 4,003
648
for the week and since September 1 in 1894 and 1893.
6,551
Philadel’a..
438
438
Week Ending Oct. 19. Since Sept. 1,1894. North’n Mills.
Total.
78,641 3,814 37,929 30,914 11,514 3,975
901167,688
Exports
from—
Great France
Great Fr’nce
Since
Below we add the clearances this week of vessels carrying
Brit’n. <&c. Total. Brit’n. <£c. Total. Week. Sept.
1.
cotton from United States ports, bringing our data down to
Savannah...
1,036 4,567 the latest dates:
Charl’t’n.&c
'***ÍÓ
’ ’ "ÍÓ
........
47
97
Florida, &c.
191
256 Galveston—To Liverpool—Oct. 1 1 —Steamer Avona, 8,017.. Oct 1 6 New York.. ’ "5*90
Steamer Blackbeath, 7,347.
” 590 i*,24Ï ’ ’ 367 i',608
Boston.......
27
27
200
To H avre-Oct. 13 -Steamer Ovingdean Grange, 6,450....O ct 16200
Baltimore..
Steamer Breokfleld, 8.541.
To Bremen-r Oct. 11—Steamer Ben Croy, 6,856.
Total........
617
617 1,451
To Hamburg—Oct. 17—Steamer City of Gloucester, 1,870.
367 1,818 1,274 4,920
V e l a s c o - T o Hamburg-Oct. 13-Steamer White Jacket, 184.
Total 1893.. 1 493Í
180)
673l 2,054
275 2,329
264
464 N e w O r l e a n s — To Liveroool -Oct. 15 -Steamer Professor, 5,725
Oct. 16—Steamers Bessel, 2,995; Gaditano, 6,113....Oct. 1 7 A considerable portion of the Sea Island cotton shipped to
Steamer Inventor, 4,760.
To Havre—Oct. 1 6 -Steamer Parahyba, 7,065.
foreign ports goes via New York, and some small amounts via
To Bremen -Oct. 13-Steamer Aldgate, 9.198.
Boston and Baltimore. Instead of including this cotton for
T<* Barcelona—'Oct. 1 2 -Steamers Italian Prince, 2,239; Miguel
the week in which it leaves the Southern outports, we follow
U-allart, 6,498.
the same plan as in our regular table of including it when
To Malaga—Oct. 1 2 —Steamer Miguel Gallart, 1.200.
To Genoa-Oet. 1 2 -Steamer Italian Prince, 5,058.
actually exported from New York, &c. The details of the
To Naples - Oct. 12 —Steamer Italian Price, 100.
shipments of Sea Island cotton for the week will be found
To Trieste—Oct. 12 - Steamer Italian Prince, 70 )
19—Steamer
Hesper, 6.733.
under the head “ Shipping News,” on a subsequent page.
. Mom
„ le^—To■Liverpool-Oct.
■ — R H j---------— -----------Quotations Oct. 19 at Savannah, for F lo rid a s, common
Oot- ^-steam er Ravensdale. 672.
10c.; medium fine, 12c.- choice 14c
common, Savannah- T oq Bremen¿Dot. 1 3 -Steamer Birdoswald, 2,450......
Steamer LauresC h a r l e s t o n , C a ^ U n a s , m e d t a n t o e , 17c.: f i n e , a s k i n g 21c •
£
, S
“
”
1 7 ' a M
e x t r a fin e , n o m in a l.
’’
To Hamburg-Oct. 1 3 -Steamer Birdoswald, 3 , 6 0 0 .
To Reval-O ct, 15-Steamer Auxminster, 4,850
Oct. 18—Steamer
J u t e B u t t s , B a g g in g , & c. —There has been only a light de. I
^
m a n d
fo r
I
b a g g in g th e p a st w e e k , w ith
in d ic a tio n s th a t
Charleston - T o Liverpool - Oct. lS^Stea’iner lavemess, 5,619.
jis drawing
•
R o t a l —To Liverpool—Oot. 13—Steamer Costa Rioau, 6,242.
to a close.
Quotations
this evening FORT
To Bremen—O c t . 15 -Steamer British Prince, 6,100.
l% c . lbs., 6% c. for 2 lbs. and 7 ^ c . for standard
To Hamburg Oct. 15—Steamer British Prince, 400.
Wilmínoton —To Liverpool-Oot. 17—Steamer Chatfleld, 9,328.
from these prices dealers are inclined to grant a
To Bremen-Oot. 13—Steamer Mayfield, 8,327....Oot. 16-Steamer
ju t e
the season
are 6c. for
grades; but
Steamer Cepbalonia, 1,267....O ot. 15—Steamer Ottoman, 1,147
....O ot. 16 -Steamer Columbian, 1 ,6 13.
To H alifax-O ct. 13 -Steamer Halifax, 50.
BALTracmE-To Liverpool-Oot. 1 0 -Steamer Templemore, 4,454.
i o London—Oct. 13—Steamer Massapequa, 700.
C otton M i l l S t r ik e s , E t c .— There has been a general re
To Bremen-Oot. 17—Steamer Braunschweig, 2,153.
To
Rotterdam - Oct. 12 —Steamer Venango, 300.
sumption of work by spinners in the Fall River mills, but
philadelphia - T o Liverpool-Oct. 12—Steamer Southwark, 5,274.
many of the weavers are still holding out against the reduced
Ootton freights the past week have been as follows:
wages. It is stated that only about half of the looms in the
6 ^ c . to 7c. for
lbs. f.o.b. at New York.
quiet at l% c . to l*^c. on the spot.
Jute butts are
city are in operation in consequence.
S h ip p in g N e w s .— The exports o f cotton from the United
States the past week, as per latest m ail returns, have reached
167,688 bales. So far as the Southern ports are concerned, these
axe the same exports reported by telegraph and published in
the C h r o n ic l e last Friday.
W ith regard to New York we
Include the manifests of all vessels cleared up to Thursday.
^EW
3,857 upland^
To Hull, per steamer Galileo. 1,764.".’.*
............................. t v a l
To London, per steamer Mobile, 1,250.
............................ t osn
l o Havre, per steamer La Bourgogne, 949 ............. *...........
quo
1 ° Bremen, per steamers Trave, 264 ... Willehad "io o ........
fifii
R?aae“ aU3^ (? er 8teaTnera Gell<^, 500 ...M arsala?850.":::
664
To Rotterdam, per s’teamer P.'calandVizoo.......... .................. 1,9on
To Antwerp, per steamer Friesland, 1,748
.................. ”
1 ;;Vq
Sj?'ttenburg,
per
steamer Yenetia,
900 -..
............................
non
ml al
i
¡w
Vr ouoaLUCi
YOlAübldi, »UU.
QAA
To Christiana, per steamer Hekla, 1 1 8 ........ .
..................
i V«
118
Satur.
Liverpool, steam.d
764
Do
later..d.
Havre, steam ...d.
25t
Do
sp ot.......d.
Bremen, steam., d.
*8
Do
later... d.
Hamburg, steamd.
*6
Do
later., d.
Ams’dam, steam, c. 25t
Reval, via Hull.d.
3J6
Do v. Hamb d.
B’lona, d irect...d.
Genoa, ateam ... d. 1 964
Do
later.
®32
Trieste, v.Genoa.d.
316
Antwerp, steam, d j
*8
1 t Cents net per 100 lbs.
Mon.
25t
*8
Tuts.
Wednet. Thura.
Frx.
23®25i 23@25t S3®25t 23®25t
*8®964 *8®9«4
*8®964 *8®964
*8
251
25t
25t
25t
25r
1*64 ®316 *lfl4_*3tí4 11(14_1384 1164“13g4 1164®316
964
316
764
J16
"18
764®*8 764®*8
964
532
316
764®*8
964
532
S16
764®*8
DAILY CLOSING- PRICES OP NO. Z RED WINTER WHEAT.
Sat.
Mon. Tues. Wed. Thurs. Fri.
f tttwrpooLi. — By cable from Liverpool we have the following
h*’ “
, Ü J.1____a tn olra Sri*
ofc
n h rt*
Sept. 28
78.000
4,800
1,000
71.000
gales American......................■
4.000
Actual export................... .......
61.000
TotSstook—Estimated... . . . . . 799.000
Ofwhich American—Estim’d 657.000
9.000
total Import of the week
5.000
Of which American----83.000
Amount afloat..... . . . . . .
73.000
nf which American----
Rales of the week..— .. . bales,
of which exporters to o k -...
Of which speculators to o k ..
Oct. 5.
Oct. 12.
88,000
3,100
1,500
77.000
6,000
68.000
799.000
642.000
43.000
35.000
94.000
84.000
78.000
3.300
1.300
70.000
9,000
75.000
742.000
596.000
28.000
26,000
120.000
110,000
95.000
3.600
1.600
86.000
8,000
73.000
708.000
568.000
16.000
41,000
185.000
175.000
The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 19, and the daily closing prices
of spot cotton, have been as follows:
Spot.
Saturday Monday. Tuesday. Wednet. Thursd’y. Frida*
Market, l business
1:45 p. M.J doing.
Fair
business
doing.
31133
10,000
500
Ipeo. & exp.
15,000
1,000
Fair
Mld.Upl’ds.
3 516
Harden’g.
35l6
15,000
1,000
Active.
Easier.
Easier.
31132
35I6
18,000
1,000
3983
15,000
1,000
20,000
1,000
Sutures.
at Steady at Steady at Steady at Steady at
Market, i Irreg.
1.64 de 2-64 @3-64 2-64 de 1-04 @2-04 2-04 de
advance.
cline.
1:45 p. M.J
cline.
decline.
cline.
Market, ? Steady.
4 P.M. J
Steady.
Barely
steady.
Easy.
Quiet.
Steady.
Barely
steady.
The opening, highest, lowest and closing prices of futures
at Liverpool for each day are given below. Prices are on
thebasis of Uplands, Low Middling clause, unless otherwise
stated:
rgr The p r ic e t a r e g iv en in p en ce and, 6 4 the.
3 63-64d. and 4 0 1 m ea n s 4 l-6 4 d .
N a t., O c t. 1 3 .
M o n ., O c t . 1 5 .
Open High Low. Olos. Open High Low. Olot
October
Oct-Nov....
Nov.-Dee...
Dec.-Jan....
Jan.-Feb„..
Teb.-Mch..
Mch.-April.
April-May..
May-June..
Jnne-July..
d.
314
313
313
314
315
3 10
318
319
3 21
3 23
d.
3 :u
314
3 14
314
315
317
3 18
3 20
3 22
3 23
d.
3 14
3 13
313
314
315
316
318
3 19
3 21
3 23
d.
3 14
314
314
314
315
317
3 18
3 20
3 22
3 23
W e d ., O c t . 1 7 .
d.
312
3 11
311
312
3 13
3,14
3 16
318
319
3 21
d.
314
3 13
313
3 14
315
3 16
318
3 20
3 21
3 23
d.
3 12
311
311
312
313
314
316
318
319
3 21
ft
314
313
313
314
315
316
318
3 20
3 21
3 23
T h a n . , O c t. 1 8 .
Open High Low. Olos. Open High Low. Olos.
October....
Oct.-Nov....
Nov.-Dee...
Dec.-Jan....
JaA-Feb....
Feb.-Mch..
Mch.-April.
April-May..
May-June..
Jane-July..
d.
314
314
314
314
3 15
316
318
3 19
3 21
3 23
d.
315
3 14
314
314
315
317
318
3 20
3 22
3 23
707
THE CHRONICLE.
OCTOBER 20, 1894
d.
313
313
313
313
314
315
317
319
3 20
3 23
d.
314
3 13
313
313
314
310
317
319
3 21
323
d.
311
310
310
310
311
313
314
310
318
3 19
d.
311
311
3 11
311
3 12
313
315
316
318
3 20
d.
310
3 09
3 09
3 09
310
3 12
3 13
315
316
318
d.
310
3 09
3 09
310
311
312
313
315
317
318
T h u s : 3 6 3 m ea n s
T e s t ., O ct. 1 6 .
ay
Wed. Thurs. Fri.
Tues.
Mon.
Sat.
55
55%
55%
55
54%
November delivery... . . . 0. 55
53%
525s
53%
53%
53%
December delivery.. ...c . 53%
52%
52%
52%
....
53%
January delivery... ...c . . . . .
52%
53
53
53%
52%
May delivery............. . . . 0. 53%
Oats for future delivery were easier during the first half
of the week, in sympathy with the decline in corn, but sub
sequently some buying by “ shorts” caused a partial recovery.
The spot market has been fairly active and about steady.
The sales included No. 2 mixed at 3L ^c.@ 31% c. in elevator
and No. 2 white at 35c.@ 35^ c. in elevator. The market to
day was a trifle stronger with corn. The spot market was
firm but quiet. The sales included No. 2 mixed at 31J*£c.@
31Jgc. in elevator and 35c.@ 35^ c. for No. 2 white in elevator.
DAILY CLOSING PRIORS OF NO. 2 MIXED OATS.
Sat.
Mon. Tues.
31%
32%
31%
32%
333s
32%
335s
34%
....
345s
34%
31%
36%
363s
37
>supply and steadily
been quiet, closing steady.
The following are closing quotations:
November delivery...... o.
Deoember delivery...... o
January delivery.........o.
February delivery.......o.
Fri
Wed. Thurs.
321«
32 . 32
32%
33
33*8
33%
34
‘34^3
34%
35
35%
:
36%
36%
36%
held. Barley
FLOUR.
Fine.................$ bbl. $1 75®$2 00 Patent, winter........ $2 70®$3 00
3 25
Superfine.. . . . ____ _ 1 90® 2 10 City mills extras......
Extra, No. 2 ...... .
2 00® 2 25 Rye flour, superfine.. 2 50® 2 90
Extra,No. 1 . . . ........ . 2 20® 2 40 Buckwheat flou r..... 19 5 ® 2 05
d.
meal—
312 Clears......................... 2 25® 2 50 Corn
Western, &o........... 2 80® 3 10
Straights................. 2 50® 3 25
3 12 Patent, spring.... . .. . 3 25® 3 65
Brandywine . . . . . . .
3 10
3 12
[Wheat flour in sacks sells at prioes below those for barrels.]
d.
313
313
313
313
314
316
317
319
3 21
323
d.
314
313
313
314
315
318
317
3 20
3 21
3 23
d.
312
311
311
312
313
314
316
3 17
3 19
3 21
312
313
315
316
3 18
319
3 21
311
312
314
316
317
311
313
315:
316
318
310
312
314
315
317
311
312
314
316
317
GRAIN.
Corn, per bush—
0.
0.
0.
67
West’ n m ix ed ...... 55 ® 57
No. 2 m ix e d ....... 551*'® 56%
57%
56 ® 59
Wes tern yellow..
59
Western White___ 56 ® 59
59
Rye—
33
Western, per hush. 49 ® 53
40
32%
State and Jersey.. .... ® ....
F r i.. O ct. 1 9 .
35% Barley—No.2 West’n 60 ® 63%
State 2-row ed.....
®
State 6 -row ed..... .... ® ....
Open High Low. O
The movement of breadstuffs to market a3 indicated in the
d.
d.
d.
3 09 310 3 09 3 09 statements below is prepared by us from the figures of the
3 09 3 09 3 08 3 09 New York Produce Exchange. W e first give the receipts at
3 09 3 09 3 08 3 08 Western lake and river ports, arranged so as to present the
3 09 3 09 3 08 3 09 comparative movement for the week ending Oct. 13,1894,
3 09 3 10 3 09 3 09 and since August 1, for each of the last three years:_______ ____
, October 19, 1894.
For wheat flour the market has been extremely dull and
featureless. Buyers have been indifferent and prices have
been slightly weaker, particularly for the better grades, in
sympathy with a decline in the grain. Buckwheat flour has
had a fair call, and as receipts have fallen off materially
prices have advanced. Rye flour has been neglected and
largely nominal in value. Corn meal has been in slow request
and prices have declined. To-day the market -for wheat flour
was dull and unchanged.
The speculative dealings in the market for wheat futures
have been dull and prices have declined in response to dull
and depressed foreign advices, continued full movement of
the crop at the Northwest and a material increase to the sup
ply in sight. Yesterday, however, there was. a rally and part
of the loss was recovered on moderate buying, principally by
shorts to cover contracts, stimulated by reports of the death
of the Ameer of Afghanistan, the serious illness of the Czar of
Russia, and reports of damage tojthe crop in Argentine by bad
weather. The spot market has been quiet and prices have
declined with futures. The sales yesterday included No. 2 red
winter at lc. over December f. o. b. afloat. To-day the mar
ket was weaker during early ’Change under free offerings by
the West, prompted by a free movement of the spring crop,
but later in the day reported large purchases for export here
and at outports caused the early loss to be more than recov
ered. The spot market was active and firm. Exporters were
buying. The sales included No. 2 red winter at J^c. over De
cember delivered and lc. over December f. o. b. afloat.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.
Open High Low. Olos.
BREAD STUFFS.
F r id
545a
55
54%
551«
November delivery.....o. 55%
5458
555a
5558
56
55%
56*8
Deoember delivery.....o. 56*3
.
585s
59
59*8
58%
March delivery............. o............
605s
6038
6038
60%
60%
May delivery................. o. 6 m
Early in the week the market for Indian corn future was
weaker under free offerings, prompted by the weakness of
wheat and depressed foreign advices, but later the smallness
of the crop movement stimulated a demand from “ shorts ”
to cover contracts and prices fully recovered their decline.
The spot market has been firm but quiet. The sales yesterday
included No. 2 mixed at 55*4Q 55% c. delivered, yellow at
5 6 ^ c . delivered and No. 2 white at 56%c. delivered. To-day
the market advanced on the continued light movement of the
crop and in response to stronger foreign advices. The spot
market was firm and higher. The sales included No. 2 mixed
at 55%@56c. delivered.
Wheat—
Spring, per bush..
Red winter No. 2 ..
Red winter...........
White.....................
Oats—Mixed,per bu.
White.....................
No. 2 mixed..........
No. 2 white............
0.
53 ®
55%®
50 ®
51 ®
31%®
35 ®
31%®
35 ®
Oats.
Barley.
Hue.
Com.
Wheat.
F low .
Bbls.im bs Bush.QO lbs Bush.56 lbs Bust».32 lbs Bush.48 lbs Bu.56 Vbs.
610,150
32,430
459,125 1,138,648
288,500
87,998
137.000
461,750
36,090
17,550
292,762
39,850
Milwaukee...
30,064
199,440
173,576 1,592,611
Duluth........
1,917,630
19,670
Minneapolis.
7,100
4,000
22,100
208,900
2,514
71,492
56,554
3,104
103,745
25,528
69,970
9,039
62,303
13,804
12,340
Cleveland....
221,100
137,085
790
101,320
115,299
37,260
3t. L o u is.....
190,300
112,000
4,200
19,800
263,400
5,400
Peoria...........
16,940
5,038
88,031
Kansas City.
Receipts at—
Tot.wk, ’94.
Same wk,’93.
Same wk,’92.
Since Aug. 1.
1894...........
1893...........
1892...........
362,102
326,338
397,495
4,690,181
6,335,302
9,361,979
928,133
3,646,628
4,125,408
1,882,626
3,608,744
3,492,803
1,585,998
1,590,056
1,507,223
77,516
98,250
363,264
652,959
3,684,159 00,767,727 16,355,111 27,940,488 10,889,848
936,844
3,537,045 50,905,258 37,482,209 36,'420,703 5,459,303
3,835,033J 80,828,705 31,085,005 32,914,150 6,270,115 2,961,038
The receipts of flour and grain at the seaboard ports for the
week ended Oct. 13, 1894, follow:
Receipts at—
New York.................
Boston......................
Montreal....................
Philadelphia..............
Baltimore.................
Richmond.........
New Orleans...........
F low ,
Wheat,
bbis.
bush.
208,548
555,400
93,815
383,551
23,384 312,848
88,106
8,072
77,086
79,999
1,325
6,300
14,056
39,281
Com,
bush.
153,450
107,595
50,799
24,473
13,752
7,438
8,349
Oats,
bush.
430,700
129,144
49,724
64,173
20,139
8,420
27,288
T otal week........ 506,358 1,365,449
365,861
779,588
Week 1893................ 408,914 1,581,930 1,433,323 1,550,814
Barley,
Rw,
bush.
bush.
300,700
............
650
9,920
1,425
............
78,400
............
............
9,183
.. . .............. .
..............................
381,175
79,972
19,103
11,524
The total receipts at ports named in last table from Jan. 1
to Oct. 13 compare as follows for four years:
1894.
Receipts of—
Flour................ ..bbis. 15,932,960
1893.
15,061,354
1892.
15,135,739
1891.
11,807,014
W heat...............bush. 44,738,934
C orn.................
O a ts..................
B arley.............. .......... 2,870,724
R ye ,.................
70,584,150
43,987,193
41,874,808
2,963,858
953,899
99,373,536
75,137,087
45,881,390
3,358,709
3,332,276
77,604,948
34,072,416
32,145,760
2,407,368
6,458,705
T otal grain. ..........121,273,308
100,303,914
227,082,998
153,239,257
THE CHRONICLE.
708
The exports from the several seaboard ports for the week
ending Oct. 13, 1894, are shown in the annexed statement:
Wheat.
b ush.
Exports from—
New York.............. . 2 6,014
136,662
B oston....................
. 134 741
/. 64,000
. 144.« 11
New Orleans......... ... 38,055
Com.
bush.
154,257
340
Total week.......... . 723.483
Same time 1893.... . 900,564
Oats.
bush.
10.711
3,900
159
Flow .
hbls.
134,127
34.508
22,1 V7
io;203
73,832
576
154,758
792,251
233.423
340,811
14.611
133,663
Bye.
bush.
Peas.
bush.
5,489
8,611
64,271
8,611
69,760
96.155
The destination of these exports for the week and since
Oct. 13,1893, is as t low. W e add the totals for the corres
ponding periods of last year for comparison:
.----------Flour.--------- , ,---------Wheat.---------, ,-----------Oom.
Exports for
Weak Since Sept.
Week Since Sept.
Week Since Sept.
.seek and s ince Oct. 13.
1,1894.
Oct. 13.
1, 1894.
Oct. 13. 1,1894.
bbls.
bbls.
bush.
bush.
Sept. 1 to—
bush.
bush.
United Kingdom 17 K813 1,179,515
539,439 5. 13.976
76.481
158,'UO
C on tin en t.......... 34.-,25
237.2 >3
153,053 2,418.749
60,680
139.373
146.9S2
250
S. & C. America.. 24,818
2.847
77,223
W est Indies.......
2-.859
133,441
1,000
1,000
13,873
51,511
Brit. N. A. Col’s. 15 953
55.237
1,750
7,061
Other countries..
1,925
5.434
20,400
875
5,365
'•’o t a l................ 283 423
S ita l 1893........... 310,844
1.756.933
2,027,993
72Î.483 7,456.125
900,564 10,174,373
154.756
792,2j 1
429.449
5,4ôô,333
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, Oct. 13, 1894, was as follows:
Wheat,
I » store at—
bush.
New York...... ............ 12,633.000
Do
afloat.........
575,000
A lbany..................... .
B uffalo........................, 2,283,000
Com,
bush.
373.000
23.000
20.000
270.000
Oats,
bush.
3,055.000
2'>3,000
175.000
124.000
Barley,
bush.
1,000
39,< 00
175.000
855.000
Bye,
bush.
17.000
[V ol . LIX.
The valup of the New York exports since January 1 hna
been $9,050,933 in 1894 against $7,075,401 in 1893.
In staple cottons of all kinds new orders have been decidedly
moderate. In brown sheetings, however, some buyers are
offering low prices for later deliveries, the tendency is some
what in their favor in some quarters, but still their bids are
seldom acceptable. Print cloth yarn makes are easier under
print cloth influences.
Under these influences also kidfinished cambrics are 8c. per yard lower with some sellers
but not in improved request at the decline. Brown drills are’
steady, being well sold up. > Low-grade bleached cottons are
also in small supply, which keeps prices fairiy steady
in face of a limited demand and the decliae in print
cloths.
Wide sheetings dull
and unaltered.
Cotton
flannels occasionally easier to buy. Colored cottons are
quiet throughout, but not quotably changed in price, al
though checks and stripes are barely steady. White goods
sparingly offered for spring, and prices steady. Orders for
fancy calicoes and other prints have been on a limitei seals
but prices are maintained, there being no stocks pressing for
sale. Ginghams in dark dress styles and staples dull^and
spring business still backward. Print cloths declined 3-lnc,
to 2% c. for 64 squares, with resumption of work at Fall
River, and the demand thereat is inactive.
1894.
1893.
1892.
Stock o f Print Cloths—
Oct. 13.
Oct 14.
Oct 15.
At Providence, 64 squares....... ____ 41,000
185.000
10,000
At Pall River, 64 squares........ ........ 16,000)
418.000
18.000
At Fall River, odd sizes............
Total stock (pieces).......... . . . . 160,000
603,000
28,000
W oolen G oods .— The market for all descriptions of men’swear
woolens
and
worsteds
has
again
been
dull,
the
demand
Chi cai?o.............. ....... .25,349,000
1,674,000
1,421,000
169,000
45,000
coming forward being still confined to small quantities, whether
M ilwaukee........ ....... . 708,000
iTO.bbo of staple or fancy goods for either spring trade or imme
72,000
11,000
D u lu th ...................... ..3,316,000
106,000
21,000
418,000 diate use. Prices are without material alteration and the
The strike of the cloak-makers is
T oledo......... ............. 8.436.000
24.000
810,000
22,000
1,00) situation is featureless.
D etroit.............. ....... . l , f 03,000
16.000
37,000
51,000 affecting the local demand for cloakings, and although good
1,000
30.000
50.000
225,0)0
520.000
St. Louis.................... 6,: 94.000
44.000
7.000
3,000 orders have come in from other markets, a falling off in busi
Do
afloat........ .
39.000
40.000
ness is noticeable. Cotton-warp cassimeres, satinets and doe
Cincinnati...................
22.000
‘16,000
9.000
158,000
2<1,000
skin jeans are inactive. Cotton-warp dress goods have been
603.000
11.000
395.000
9.000
61,000
49.000 quite unsettled, under auction influences,, and prices for
16.000
721.000
1,000
Montreal........... ........
2,000
61,000
2,000
spring are more or less nominal. In low-grade all-wool and
, 1,280,000
23.000
205.000
210.000
25.000
348.DOO
worsted dress goods for spring the market is weak also, al
343.000
20.000
Indianapolis.............
46,600
though a number of agents report good orders on hand up to
Kansas City.............. . 1.5*3,000
15.000
'"i,oob
272.000
1.216.000
24.000
Baltimore...................
18,000
221.000
date. Flannels and blankets are quietly steady and carpets
Minneapolis............... 9,156,000
8.000
88,000
253,000
42,000
dull.
On Mississippi River
F o r e ig n D r y G oods .— The market for foreign merchandise
453.000
On Lakes.................... 1.859,000
594.000
10,000
565.000
291,000.
On canal and riv er... L 688,000
406,000
34,000
318,000 for seasonable use has shown more busine-s doing, but still
trade is quiet and of a cleaning-up character. Business for
Total Oct.
13, 1891.70.074.000
3,379,000
9.0 S0.'00
88>.009
3.117.090
Total Oct.
6, 1891.73.f24.000
8.905,000
8,650,000
383,000
2 820,000
spring has again lacked animation, and importers and agents
Total Oct.
14. 1893.65,¿«7,000
9,083,000
5,140,000
503,000
2,103,000
are complaining of orders not coming up to their expectations
Total Oct.
16, 1892.55 031,000 12,167,000
7,549,000
931.' ¡00
1,71 <.000
Total Oct. 17,1891.31,038,911
8,853,853
4,274,337
2,695,922
2,517,597 in any branch despite low prices.
Im portation s an * W areh ou se W ith d r a w a ls o fD r y G c o d i,
The importations and warehouse withdrawals of dry gooe s
THE DRY GOODS TRADE.
at this port for the week ending October 18, and since Jan. 1,
N e w Y o r k , F r i d a y , P. M ., October 19,1894.
1894, and for the corresponding periods of last year are as
The auction room has played an important part in the follow s:
week’s proceedings. On Tuesday there were sold 15,000 allwool shawls, on Wednesday about 50,000 pieces cotton-warp
dress goods and yesterday 4,500 cartons of all-silk ribbons.
Of these the dress goods sale was much the most important.
The merchandise was easily sold at prices averaging about 15
per cent from regular prices, which, under prevailing condi
tions, was considered by the trade at large as a reasonably
good level. The shawls were mostly old goods and sold low,
but the silk ribbons were successful in securing an average but
little below open market values. In the regular market busi
ness has continued dull despite the fuller attendance of buy
ers brought in by auction attractions, and the demand
through salesmen on the road and from customers through
the mails has been claimed to be disappointing.
The supple
mentary business looked for this month shows that jobbers
and others are keeping their purchases rigorously down to a
hand-to-mouth basis in fall goods and showing little disposi
tion to provide for spring requirements.
The tone of the
market for cotton and woolen goods both is dull and in some
quarters easier, with prices occasionally weakening.
Print
cloths are 2% o. for extras, or a % g. off from the price ruling
before the Fall River Mills started up.
D om estic C o tto n G o ods .— The exports of cotton goods
from this port for tb$ week ending Oct. 16 were 2,287
packages, valued at $115,758, their destination being to the
points specified in th j table b M a
New Y oke
to
Oct. 16.
16.000
1894.
1893.
Week. Since Jan. 1.
Week. Since Jan. 1.
Great B r it a in ................
Other European...................
China........................... .
India................................. .
Arabia.................... .............
A fr ic a ........ ................ . ........
West I n d i e s . .................
M exico................ .
Central America...................
South A m e rica ................
Other Countries....................
41
12
516
2
250
68
140
12
272
937
37
4,682
2,542
69,878
5,937
18,518
6,198
14,0 77
1.732
7,765
39,442
2,936
‘"Ï
500
40
227
1,172
11
3,960
1,353
26,072
5,536
10,152
6,092
15,673
1,886
3,943
41,151
2,225
T o ta l......................... .
China, via Vancouver*....
2,287
558
173,707
19,756
2,459
7,441
118,043
31,591
Total................................ 2 845
193,463
* From New England mill pointa direct.
9,900
149,634
470
38
THE CHRONICLE
OCTOBER 20, 1804.]
S tate
afp
C ity P
epaetm ew t.
TER M S O F SUBSC R IP TIO N .
C o m
t a in s
m
40
e r c ia l
to
64
a n d
p a ges,
F i n a n c i a l
p u b lis h e d e v e r y
C H R O N IC L .K
c o n
w e e k .
State and City Supplem en t o f C H R O N IC L E c o n
ISO p a g e s , p u b l i s h e d p e r i o d i c a l l y .
In vestors» Supplem ent of C H R O N IC L E (a Cyclo
ta in s
pedia of
R a ilr o a d
S e c u r itie s )
every o th e r m o n th ,
S u b s crip tio n
w h ic h
to
contains 1 6 0
p a g e s,
p u b lis h e d
_________________
CHRONICLE
in c lu d e s e v e r y is s u e o f
fo r
o n e
b o th
year RIO.OO,
S u p p l e m e n t s.
Terms o f Advertising—( Per inch space.)
Taree Months (13
ÉH tim es)..$25 00
B ______
(2 6 times).. 43 00
Six
Months
Month'
(4 times).. 1100 J
One M
onth
(8 times).. 18 00 Twelve Months (52 times).. 58 00
Months
Tike above terms for onemonth and npward are for standing cards.)
file purpose o f this State a n d City D e p a rtm e n t
is to furnish our subscribers with a weekly addition to and
continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
State a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence if every Subscriber will note in his S u p p l e
ment on the page designated at the head of each item a
reference to the page where the item in the C h r o n i c l e can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
709
Canton, Ohio.— (C h r o n ic l e , vol. 58, pages 953 and 1118,
and vol. 59, pages 38, 163. 343 and 525.)—The people of Can
ton will vote on issuing $75,000 of sewer bonds.
Casper, W yom in g.— It is reported that this city has recent
ly disposed of $30,000 of water-works bonds.
Cattarangns, N. Y.— Sealed or open bids will be received
until October 30 by the Board of Water Commissioners for the
purchase of $22,000 of village water bonds. The loan will be
dated November 1, 1894, will bear interest at the rate of 4 per
cent, payable semi-annually from January 1, 1895, and will
mature January 1,1915. Principal and interest will be p a y
able at the Seaboard National Bank, New York. The bonds
are to be delivered at tbe expense of the purchaser within
ten days after the award, and are to be paid for in New York
exchange, the interest to January 1, 1895, to be deducted
from the selling price. The village has at present no debt of
any kind.
Columbns, Ohio.— (C h r o n i c l e , vol. 58, page 692, and vol.
59, pages 201, 345, 384, 439 and 616.)—Nineteen bids were re
ceived on Oct. 8 for $40,000 of 5 per cent school bonds. The
list is as follow s:
Amount Bid.
..$44,473 60
Ohio Savings Banlr, Columbus.........
... 44,100 00
W. P. Burdeil, Columbus................
.. 44,000 <0
N. W. Harris & Co., Chicago---------... 43,887 75
Z. T. Lewis, Dayton..........................
...
43,‘■28 00
Dietz, Dennison & Prior, Cleveland
... 43,735 00
E. H. Gay & Co., Boston ................
...
43,717 80
W. J. Hayes & Sols, Cleveland ....
... 43,543 25
Seas on good & Mayer, Cincinnati__
... 48,428 00
E. H. Rollins & S o n s ............ ....... .
... 43,356 00
R. L. Day & C o ..........*.................... .
... 43,286 50
The Lamorecht Bros. Co..................
... 43,263 75
Farson, Leach & Co........... .
... 43,>08 00
Rudolph Kleybolte & Co..................
... 42,527 00
Spitzer & Co......................................
... 41,857 00
Illinois Trust & Savings Bank........
... 41,028 00
Mason. Lewis <&Co........................ . .
. . . 41,250 00
S. A. Kean ................ .................... .. . 41,025 00
Emerson McMillen & C o ................
.. . 41,i)20 00
E. C. Jones <fc Co...............................
The bonds are dated October 1, 1894, and mature Oct, 1,
1919. Both principal and interest will be payable at the
National Park Bank, New York City.
Cuthbert, Ga.— (C h r o n i c l e , vol. 58, pages 787 and 1003,
and vol. 59, pages 571 and 663.)— No bids were received for
the $400,000 of water-works bonds and $10,009 of electriclight bonds which were offered on October 15, and the bond
commissioners have been ordered to dispose of them at private
sale. Mayor R. L. Moye writes that he has had many assur
ances of the value of the securities and the ability of the
city to dispose of them readily. He states that the engineer
has been ordered to proceed with the work of surveying and
the making of plans and specifications.
The securities will bear interest at the rate of 6 per cent,
payable semi-annually in January and July, and will mature
July 1, 1920. Both principal and interest will be payable in
gold or lawful money of tne United States, at the option of
the purchaser.
The bonded indebteness of the city is at present only $1.000
Bond P ro p o sa l» a n d N e g o tia tio n s.—W e have re and its assessed valuation in 1893 of real estate was $319,977 50;
ceived through the week the following notices of bonds personal property, $220,056 75; total, $540,034 25; actual valu
recently negotiated and bonds offered and to be offered for ation, $ 1 ,080 , 068 .
Davison County, S. D ak .—It is reported that bonds of this
gale.
Abbeville, Ga.— (C h r o n i c l e , vol. 59, page 616.)—Treas county to the amount of $28,000 have been sold for $23,100.
Douglas County, Neb.— (C h r o n i c l e , vol. 59, page 663.)—
urer W. A. McLane notifies the C h r o n i c l e that on October
12 the people of Abbeville voted almost unanimously in favor Notice is given bv County Clerk F. J. Sacked that 6 per cent
court house bonds dated January 1st, 1881. and payable
of issuing $20,000 of 6 per cent 30-year water-works bonds.
Alameda, Cal.— (C h r o n i c l e , vol. 59, page 438.)—The citiz January 1st, 1901. but optional after July 1st, 1891, upon sixty
ens of Alameda voted on September 22 in favor of issuing days’ notice, are called for redemption on or before January
1st, 1895. The county will offer in exchange bonds dated
$50,000 of city-hall bonds and $40,000 of school bonds.
November 1st, 1894, payable Januarv 1, 1915, but optional on
Anaheim, Cal.— The citizens of Anaheim will vote on Oct or after the 1st day of January, 1905, upon giving sixty days’
ober 28 on the proposition of issuing electric-light bonds.
notice. All such bonds will draw interest at the rate of 4 %
Annapolis, Md.— The people of Annapolis will vote on Oct per cent from and after tbe 1 st day of January, 1895,
ober 26 on the proposition of issuing $13,000 of 4 per cent payable semi-annually on the 1st day of January and the 1st
bonds to pay outstanding indebtedness.
dav of July in each year at the fiscal agency of the county in
j New York City. Interest on the old securities will cease
Boston, M a s s . — (C h r o n i c l e , vol. 58, page 914, and vol. 59,
January 1,1895.
page 383.)—City Treasurer Alfred T. Turner will receive pro
Elysian, M inn.— (C h r o n i c l e , vol. 59, page 663 ) —Pro
posals until October 23d, a t 12 o’clock, for $1,300,000 o f reg posals will be received until October 22 for the purchase of
istered certificates dated October 1, 1894, and described as $3,500 of water-works bonds.
F a ll River, Mass.— (C h r o n i c l e , vol. 59, pages 40 and
follows :
Park L oans.
When dut . I P a b k L oans.
When due 603 . ) _ The city of Fall River 4 per cent sewer loan for $18,000,
4s, A.&0., $1,000,OOO..Oct. 1,1924 | 4s, A.&O., $300,000...Oct. 1, 1914 dated October 1, 1894, and due October 1, 1914. was sold
Interest is to be payable at the City Treasurer’s office or will October 16 to Brewster, Cobb & Estabrook for 104'71 and
be sent to. the holders through the mail by check payable to interest. The 4 per cent muaicipal loan for $31,000, dated
October 1, 1894. and due October 1, 1904, was sold to George
their order.
A . Fernald & Co. for 103*17 and interest.
Treasurer Turner's advertisement is published elsewhere in
The bids in full were as follows:
Sewer.
Municipal.
this Department.
,104' 276
102-80
Lee, Hivginson &Co........ . . . .
.103-07
f Brooklyn, N. Y.— (C h r o n i c l e , vol. 58, pages 565, 691, 744, W. J. Haves & S o n s ................
1"1*47
10L-71
.103*76
786, 787, 831, 876, 953, 1045 and 1118, and vol. 59, pages 84, Dietz Dennison & Prior.......
.103-916
102-797
R.
L.
Day
<
fc
Co...........
.............
200, 384, 486 and 616.)—Registered tax certificates of the city J. W. Lougstreet & Co.............
102-10
.l<'3-55
of Biooklyn to the amount of $500,000, running three months, Baldwin Bros. Co ... .............
.104*
102-10
U 3 -9 0
10J-27
were a « aided on October 15 to Messrs. Blake Bros. & Co , E. H. Rollins & Sons ...........
.104-71
102-73
$100,000 at 100-38%, $100,000 at 100*40%, $100,000 at 100-41%, Brewster, Cobb & Estabrook.
102-07
.101-03
Clapp <fc Co..............................
$100,010 at 100*42%; and $100,000 at 100*44. The aggregate W. I. Quintará................... .
302-15
.104-17
10 ¿"479
.104-425
amount of bids received was $4,040,000. Registered certifi Harvey Fisk & Sons..............
102-297
.104-197
Blodget,
Merritt
<
fc
Co.
...
.
..
.
cates to the amount of $70,000, payable July 1, 1896, were aleo
102-85 all together 102-85
Third
National
Bank,
Boston.
awarded on the same date to the Knickerbocker Trust Co. at Blake Bros. & <*o .......... ....
.104-29
102-^17
100-81. The aggregate amount of bids received for this loan Geo. *. Fernald & Co.............
.102-105+
103-17
.104-31
102-29
N. W. Harris <s Co..................
was $330,000.
Jacksonville, F ia — (S t a t e a n d C i t y S u p p l e m e n t , page 167
and C h r o n ic l e , vol, 58, page 744, and vol. 59, page 84.)—In
accordance with an amendment of the original ordinance
authorizing Jacksonville to issue $1,000,000 of 5 per cent water
works and improvement bonds, the securities are dated May
15,1894, and mature May 15, 1924, with interest payable May
15th and November 15th. Had the original ordinance gone
into effect unchanged, the due date would have been January
15,1924, and the interest periods January 15th and July 15th,
as reported in our last S t a t e a n d C i t y S u p p l e m e n t .
iO
THE CHRONICLE.
Fostoria, Ohio.— It is reported that this city has sold sewer
bonds to the amount of $22,000 at 105-1 and to the amount of
$10,000 at 102-733^.
Germantown, Ohio.—Electric-light bonds of Germantown
to the amount of $8,000 are under consideration.
Grand Rapids, Mich.—( C h r o n i c l e , vol. 58, page 1119, and
vol. 59, pages 126 and 617.)— W . A . Shinkman, City Clerk,
writes the C h r o n i c l e , concerning an issue of $150,000 of elec
tric-light bonds of Grand Rapids, that the resolution ordering
the issue was duly passed by the council, but that a veto in
terposed by the Mayor has not yet been disposed of.
VOL. U X ,
from one to ten years, and $15,685 72 of ditch bonds, $2 H *
the amount payable in one year, $2,000 in two vea™ LJ
$1,685 72 in three years. A ll of the securities bear interest
the rate of 5 per cent, both principal and interest beine* na!
able by the County Treasurer.
s P3?'
Malone, N. T .—It is reported that four per cent seW i
bonds of Malone to the amount of $11,000 have been sold?
Minneapolis, M inn.—(Chronicle , vol. 58, page 954
vol. 59, pages 344 and 6 1 7 .) -A t the general election to E
held on November 6 next the question of issuing $300 000 in
30-year 4 per cent bonds for the construction of an eleotrin
lighting plant will be voted upon.
Clric"
Hamilton, Ohio.—( C h r o n i c l e , vol. 58, pages 565, 744, 953
1002 and 1046, and vol. 59, pages 201, 245, 384 and 439 ) Pro
M orris County, N. J .—It is reported that $350,000 of Mon*,*»
posals will be received until October 23 for the purchase of
$24,000 of sewer bonds bearing interest at the rate of
per County bonds will be issued at once. The assessed valuation
cent and maturing at the rate of $2,000 yearly from 1896 to of real and personal property has recently been shown to hn
1907, and $50,000 of electric light bonds bearing interest at the something more than $20,000,000, while the countv’s d<Tt
J
DC
rate of 5 per cent and maturing at the rate of $10,000 yearly amounts to only about $150,000.
from 1914 to 1918.
New York City.—(Chronicle , vol. 58, pages 691. 692 74 »?
Harbor Springs, Mieh.— Water-works bonds to the amount 787 1046, 1120, andVol, 59, pages 39, 84 and 61 7.)-C ity C on£
troller Ashbel P. Fitch reports to the Chronicle that mi
of $18,000 have recently been voted.
October 16th $50,000 of 3 per cent school bonds due NovemHarrison County, Ohio.—( C h r o n i c l e , vol. 58, pages 650
j’ T re sold t0 the Irving Savings Institution at
and 831.)— Bids will be received until Nov. 1 by H . G. Forker, j i p1 »i 191
and the remainder of the same issue, amounting tn
County Auditor, for the purchase of $20,000 of 5 per cent $704,o60 75, went to the New York Life Insurance Commnv
court-house-bonds. Two thousand dollars of the amount will at 101*52. The New York Life Insurance Company was also
mature May 1, 1896, $4,000 Nov. 1, 1896, $2,000 May 1, 1898
the successful bidder on $500,000 of 3 per cent consolidated
$2,000 Nov. 1, 1898, $5,000 Nov. 1, 1901, $2,000 May 1, 1902
stock for rePavinS. due November 1, 1916, at 102*53, and on
and $3,000 Nov. 1, 1902. These bonds are part of an author
$400,000 of 3 per cent dock bonds, due November 1, 1924 at
ized issue of $100,000, of which amount $40,000 have been 103*13. Bids were received from eleven firms and institutions
already sold.
and the prices offered for the school bonds ranged from 100
Haverhill, Mass.—On October 16th $90,000 of 4 per cent to 102 19 ; for consolidated stock for repaving, from 100*57 to
Haverhill bonds dated October 1, 1894, and payable October 1 102*53, and for the dock bonds, from 100*15 to 103*13. All of
1904, were awarded to Brewster, Cobb & Estabrook at 102-769, the securities disposed of, amounting to $1,654,560 75 are
this being the highest of eighteen bids. Both principal and exempt from taxation.
semi-annual interest (A.&O .) are payable at the office of the
Nordhoff, C al.—Bonds of this municipality have been
City Treasurer. The redemption of the loan is provided for
voted for school purposes.
by sinking fund.
The net debt of the city, including this issue and $700,000 o f
Northfleld U nion Free School D istrict No. 5, New York.
water bonds, is $1,156,043. Exclusive of water bonds the net
— Bids will be received until October 29 for $25,000 of school
dej)t is $456,043, and as the legal debt limit is $605,215, the
city has a borrowing power of $149,172. The total assessed bonds of this district, maturing at the rate of $1,000 yearly
Proposals may specify a price for the
valuation for 1894 is $20,436,305 and the actual value of from 1895 to 1914.
property is estimated at $28,000,000. Population in 1890 was bonds with interest at 5 per cent or at 6 per cent, or the lowest
27,412; present estimate, 34,000.
rate of interest which will be accepted for the bonds if sold
Hull, Mass.—Electric-light bonds of this town to the at par.
amount of $91,202 have been voted.
Further particulars regarding this sale are given in an
Humboldt County, Cal.— The people of this county will advertisement elsewhere in this Departm ent,
vote at the November election on the proposition to issue
North K n o xv ille, Tenn.— Sewer bonds of this town to the
bonds for bridges.
amount of $50,000 and street bonds to the amount of $25,000
Jersey City, N. J .— ( C h r o n i c l e , vol. 58, pages 692, 787 have been authorized by the council.
915, 1046 and 1082, and vol. 59, pages 163, 439 and 486.)—
Norwood, Ohio.— (Chronicle , vol. 58, pages 877, 916, 955,
Sealed proposals will be received on December 6 by the Board
of Finance of Jersey City for the purchase of $179,000 of re 1004 and 1083, and vol. 59, pages 39, 84,164, 202, 300, 487,573,
funding water bonds. The securities will bear interest at the 617 and 664.)—Village Clerk W . E. Wichgar will receive pro
rate of 4J£ per cent, payable semi-annually on January 1 and posals until October 29 for the purchase of $25,000 of 5 per
July 1, and will mature January 1, 1925. Both principal and cent bonds, the loan to become due in 2 years.
interest will be payable in gold, the bonds will be dated and
Oxford, M ich.— Water-works bonds to the amount of $19,delivered January 2, 1895, and to be exempt from taxation.
000 and electric-light bonds to the amount of $6,000 have
According to an official statement the city’s water debt on recently been voted.
October 1, 1894, was $5,136,000; sinking funds, $254,249; net
Paterson, N. J.— (Chr onicle , vol. 58, pages 956, 1047 and
debt, $4,881,751. The net water debt on December 1, 1893,
was $4,938,320, showing a decrease in the last ten months 1121, and vol. 59, pages 300 and 617.)—City Hall bonds of
of $56,569.
Paterson to the amount of $120,000 have been authorized.
Patton, P a .— The question of issuing $10,000 of schoolbonds
Johnstown School District No. 15, R. I.— Proposals will
will soon be voted on.
be received until November 1 by Herbert B. W ood, 17 Cus
Portland, Ore.—(Chronicle , vol. 58, page 745, and vol. 59,
tom House Street, Providence, R. I., for $55,000 of the bonds
pages 126, 246, 526 and 664.)— A communication received this
of this district, bearing 4 per cent interest and payable in
week from Portland, Ore., confirms the report that $400,000
gold at the office of the Industrial Trust Company in Provi of 5 per cent 30-year water bonds were sold to the United
dence.
States Mortgage Company of New York City at 110*52. This
These school bonds are advertised elsewhere in this Depart is the highest price ever received for Portland water bonds,
the
last block of $500,000 having been sold for 9*89 per cent
ment.
premium. The following is a list of all the bonds received :
ioq
Latrobe, Pa.— The people of Latrobe will vote in November W. J. Hayes <&Sons, Cleveland, O . . . .. . . . .......
" T. Lewis, Dayton, O........................................
........ ........ 107
on issuing $60,000 of water-works bonds.
A. Kean, Chicago.. , ................ ........................ .... ....... —— — —
Lincoln, Neb.—( C h r o n i c l e , vol. 59, pages 165 and 6 6 8 . ) — Thies & Barroll, Spokane................ . . . . . .................................. 104*50
A n election will be held at Lincoln to vote on issuing $26,600 Heoht Bros. & Co., Portland (for $25,000)..I™ ” ” " .................. 108
E. & 8. Heller, San Francisco ($190,000).................................... . n o
of water-works extension bonds.
U. 8. Mortgage Co. of New Y o rk
.............
........
110*52
..................... 110*06
Lisbon, Iow a.—( C h r o n i c l e , vol. 59, page 245.)— It is re Security Savings & Trust Co.............................
Fisher & Co............................................■'............ ............105*05
ported that this city sold $13,000 of water-works and electric- Cushman,
Farson, Leach & Co., C h ic a g o ............” "".""".".™” "’ "’ *""""’ " io s
light bonds for $12,900. The bonds bear interest at the rate E. H. Rollins & Sons, B o s t o n ........____ ...................................... 106*50
of 5 per cent and become due in 20 years.
Kidder, Peabody & Co., B o s t o n . . . .. . . . . . . . . .. . ” ” ’ "” "!." ” " ! ” 107*06
The securities are dated July 1, 1893, and interest is pay*
jPrairic, M inn.—Water-works bonds to the amount of
$10,000 have been voted.
ffie semi-annually (J. & J.) in United States gold coin at the
office of the City Treasurer,
e« o ? uirSv i l l e ’ ^ . - ( C h r o n ic l e , vol. 59, pages 245, 344 and
Riverside, Ohio.—(C h r o n i c l e , vol. 58, page 651, and vol
572.)— The proposition to issue $1,000,000 of 4 per cent 20-40year park bonds has been passed by both branches of the 59, pages 127, 344 and 526.)— On the 15th instant the proposi
Louisville General Council and will be submitted to a vote of tion to issue^$50,000 of Riverside water bonds was carried by
the people at the November election. I f the issue is author a vote of 335 to 53. It has not as yet been decided when th(
ized, the validity of the bonds will be passed upon by the loan will be issued or what will be the time and rate.
courts before the securities are offered for sale.
San Jacinto, Cal.— Electric railway and light bonds to the
Lucas County, Ohio.—( C h r o n i c l e , vol. 58, page 915.) -B id s amount of $30,000 have recently been voted.
will be received until November 5 by Charles H . Jones, County
Temple, Texas.—( C h r o n i c l e , v o l . 58, p a g e 878..)—I t i,
purchase of $10,000 of 6-year bridge bonds, r e p o r t e d t h a t s c h o o l b o n d s o f t h i s m u n i c i p a l i t y t o t h e a m o u n t
$25,000 of road bonds, payable at the rate of $2,500 yearly in o f $22,000 h a v e b e e n s o l d a t 105.
M
OCTOBER 30 , 1894 .]
THE
CHRONICLE.
711
903, 4 « , 538, 574
10Ci
city of Toledo h a, sold $83,000 of 4 pec cent
and
L hrtTlii8
C. H . Gay & Co. of Chicago at par and
50; S P The bonds are dated July 1,1894, and interest will
interest
semi-annually, both, principal and interest to be
^¡(Tat the6Importers’ & Traders’ National Bank, Near Y o r k
The city council reserves the right to reject any and all
bids. Bidders are required to state the number or amount 0 *
bonds bid for, and nurchasers must be prepared to take the
bonds not later than November 8th, 1894.
The total debt of the city at present is $40,500 and the sink
ing fund assets amount to $10,227.
The total assessed valua
tion is $2,965,000 ; tax rate per $1,000 is $25 20 and the popu
lation is estimated at from 7,000 to 7,500.
Ci2nnosals will be received until Oct. 22 by the City Auditor
fJthe purchase of $88,000 of improvement bonds, the loan to
f°.nl5 vears and to bear interest at the rate of f A V™ cent.
r ThA T>eoDle of Toledo will vote on November 6 on the propoJBB
issuing $200,000 of bonds for the construction of a
acr08S the Maumee River. These bonds, if authorized,
S S f t T a period of not leas than 30 nor more than 80
years, and will bear interest at a rate not exceeding 4 per cent.
Warsaw, N. Y .— (Chronicle, vol. 59, page 617.)—W e are
notified by N. S. Beardslee, Chairman of the Board of W ater
Commissioners, in reference to $60,000 of bonds recently
voted for the construction of water-works, that the rate oer
cent and time of issue of the loan has not as yet been decided
upon.
'
, . . a h if t _(C h r o n i c l e , vol. 58, pastes 651,746, 788,878,
•SWfe ®5S'-1& , Md Vol. 59, page? 89.
Youngstown, Ohio.— (Chronicle, vol. 58, paee3 694. 832,
879, 917 and 1084, and vol. 59, pages 39, 165, 247 and 4 4 1 0 Bids will be received until November 12 by J. Howard Ed
wards, City Clerk, for the purchase of $5,000 of sidewalk
bonds, $1,000 due yearly from October 1. 1896, to 1900, $950 of
W est Rayen Avenue sewer bonds, $200 due yearly from
October 1, 1896 to 1899 and $150 on October 1,1900 , and $580
of ¡south Market Street guttering bonds. $200 due each year on
October 1, 1896 and 1897, and $180 on October 1, 1898. A ll of
the bonds bear interest at the rate of 6 per cent, payable semi
1,191.4.
annually, both principal and interest being payable at the
Valley Citv, N. D.— Water-works bonds of this city to the office of the City Treasurer. Purchasers must be prepared to
take the bonds not later than November 15,1894, the money to
amount of $10,000 will soon be issued.
be delivered at one of the Youngstown banks or at the City
Vontnra County, C al.— The citizens o f this county will vote Treasurer’s Office.
in November on issuing $20,000 of budding bonds and $30,000
of county farm bonds.
Znm brota, Minn.— (Chronicle, vol. 59, pages 300, 489 and
618.)—On October 11 $3,000 of 5 per cent 10-year water bonds
Warren Ohio.— Bids will be received until October 29 by were sold to local capitalists at par. The securities are to be
City Clerk Albert E. Andrews for Warren City bonds de dated December 1, 1894, and mature December 1, 1904. In
scribed as follows;
terest will be pavable semi-annually (June and December) at
LOANS —
When Due.
LOANS—
When Due
the Merchants’ National Bank of St. Paul, Mina.
:
Sp e c ia l A ssm ’ t B o n d s
T runk Se w e r B o n d s —
The total debt of the village at present is $11,000 and the
41. 8. M&N, $ 5 0 0 ....Nov. 1, 1896 e s , M&N, $1,500 ...N ov. 1,1896
4!$s,
M&N.
$1,500....N
ov.
1,1897
assessed
valuation
of
both
real
and
personal
property
is
$208,41. 8, M&N, «1,000 ...N ov. 1.1897
B r id g e B onds —
special A ssessm ’ t B o n d s 273. Assessment is made at about % of actual value.
4148, M&N, $ 5 0 0 ....Nov. 1,1895 4s, A&O, $20,000,. .Oot.1,’ 96 to’o5
Turner, 111.— Bonds of this village have recently been
voted for water-works.
N J .—Sealed proposals will be received until No¿ 5 3 1 5 at the office of Louis Formon. Town Clerk, for the
„rphase of $150,000 of coupon bonds designated as “ Main
? S r a l Sewer Bonds.” The loan will bear interest at the
J J J S 5 per cent, payable semi-annually. $10,000 of the
amount to mature yearly from January 1, 1900, to January
NEW LOANS.
NEW LOANS.
NEW LOANS.
C ITY OF BOSTON.
$ 2 5 ,0 0 0
$ 6 5 ,0 0 0
Proposals for
SCHOOL BONDS.
$ 1,3 0 0 ,0 0 0
City of Boston 4 % Park Loans.
$ 1 , 0 0 0 ,0 0 0
$ 3 0 0 ,0 0 0
Payable October 1, 1924.!
Payable October 1, 1914.
N otice Is hereby given pursuant to law that the
bonds o f Union Free School District No. 5 o f the
T o w n o f N o r t h fle ld , in the C o u n t y o f R i c h
m o n d , S t a t e o f N e w Y o r k , will be sold at the
house o f Aquehonga H ook and Ladder Co.,Jn the
Town o f Northfleld, on the 29th day o f October,
1894, at 8 o’clock In the afternoon.
_
The bonds so to be soldare twenty-five in number,
each fo r One Thousand Dollars, and maturing, one
each year, the first being due in 1895.
Sealed proposals fo r the said bonds will be received
by the Board o f Education, at or before the sale,
specifying a price fo r said bonds or any o f them, with
interest at the rate o f 5 per cent per annum ¡ also a
price fo r said bonds, with interest at the fate o f o
per cent per annum ; and also the lowest rate or in
terest whtch will be accepted fo r the said bonds if
BEXAR CO U N TY. TEXA S,
6% Gold 10-40 Year Court House Bonds.
Dated August 18,1893.PAyahletaN ew York.
Assessed valuation....... ... ..*30,031,552
fp/vfpi "Rondcd D ebt.............
1,028,950
Population, 1880, 30.470; 1890, 49,266;1S94, 67,000.
Bexar County Is one o f the largest and best in the
State o f Texas. T he City Of San Antonio is County
Seat. The County has varied agricultural Interests,
and six railroad outlets diverging from San Antonio.
The indebtedness Is low, being less than 4 per cent
o f the assessed valuation, and the financial standing
o f the County is o f the highest order.
*
These bonds are issued under the stringent gen
eral laws o f Texas, whtch render them legal under
certificate o f the Attorney General " f the State.
Price and further inform ation upon application.
Tr e a s u r y d e p a r t m e n t , )
OFFICE OF THE CITY TREASURER, 7
Cit y H a l l , B oston . Ma s s ., October 1«, 1894.)
In pursuance o f the authority given by orders o f
the City Council o f May 20,1891, October 28,1893,
and February 1,1894, the undersigned will receive
proposals until 12 o ’clock M., Tuseday, October 23.
1894 forthe whole or am p a rtof thefollow ingloans:
P u b lic P a r k s , $ 1 , 0 0 0 , 0 0 0 . This loan o f 8°The Board o f Education reserves the^ right to
tl.OOO.'JuOwill be issued in Registered Certificates o f select the proposal which it deems m ost advantage
BANKERS,
$1,000 each, or any multiple thereof, and will be paid ous to the said district.
Address proposals to
October 1,1924, with interest at the rate o f 4 per
T$ B R O A D W A Y .
NEW YORK.
cent per annum, payable semi-annually, in April ana
AZEL F. M ERRELL, President o f Board,
October, at the office o f the City Treasurer, Boston.
95 South Avenue, Mariners Harbor, S. I.
The certificates will bear date o f October 1,1894, and
AZE L F. MERRELL. )
the Interest is to com m ence on the date o f issue o f
GEORGE T. EGBERT,
Board
the certificates fo r the same, and cease at the date
MOSES CORSON,
\
of
they are m «de payable, October 1,1924.
^
ROBT.
F.
W
ILLIAM
S,
Education.
P n b lic P a r k s , $ 3 0 0 , 0 0 0 . This loan o f *300,
BANKERS«
TUNIS TAPPEN .
i
000 will be issued In Registered Certificates o f *1,000
each, or any multiple thereof, and will be paid Octo
ber 1, 1914, with interest at the rate o f 4 per cent
Dealers In M UNICIPAL BONDS,
P R O P O S A L S FOR
per annum, payable semi-annually, in April and
October, at the office o f the City Treasurer. Boston.
Street Railway Bonds and other high grade ln»
The certificates will bear date o f October 1,1894, and
vestments.
the interest is to com m ence on the date o f issue o f
the certificates fo r the same, and cease at the date
3 1 1 - 3 1 3 Sup erior S t.,
40*42 W all St.,
they are made payable, October 1.1914.
i .
C lev e lan d .
Interest f o r ’less than one month will be calculated
Per Cent
on the basts o f 365 days t o a year.
y E xchange P la ceQoet
.
New York,
Holders o f these Certificates, if they so desire, can
on .
receive the semi-annual interest through the mail
By virtue o f an A ct o f the General Assembly o f
Cable Address. ’•KENNETH.”
by check payable to their order.
the State o f R hode Island, passed at the January
These loans will be secured by Sinking Funds pro Session, 1894, the 8chool District No. 15 o f the T o w n
video for the payment o f the same at maturity.
o f J oh n ston , C ounty o f P ro vid e n ce , s t a t e
Proposals must be sealed and addressed to A l fr e d o f R h o d e Isla n d , will Issue *65,000 in Gold Bonds,
T. Tu rner , City Tre -surer, Boston, Mass., endorsed *26,000 payable in fifteen years and *30,000 in thirty
"Proposals for Loans.” A ll proposals will be opened years from October 1.1894, interest payable sem i
by the undersigned, in the office o f the Mayor, Tues annually at the rate o f four per cent per annum, in
IN
day. October 23, 1894, at 12 o ’clock M.
gold coin o f the United States, at the office o f the
The right is reserven to reject any or all proposals.
Industrial Trust Company In Providence. B. I. The
ALFRED T. TURNER, City Treasurer, bon ds will be o f the denomination o f * 1,000 each and
be either coupon or registered at the option o f the
y P e r C ent and 8 P e r C ent N e t.
^Proposals fo r the purchase o f said bonds will* be
NO COMMISSIONS charged borrower or lender
received until November 1st, 1894, at 12 o ’clock noon,
until loans have proven good.
and should be addressed to H erbert B. W ood, l
Custom H onse Street, Providence. R. I.
F R A N C IS S M I T H & CO .,
Further inform ation may he obtained upon appli
In vestm ent B a n k e r s ,
cation to Herbert B. W ood, 17 Custom House Street,
S A N A N T O N IO . T E X A S .
Providence, R. I,, William F. King, or John T. Ken
30 W e st T h ir d S tre e t, C incinn ati,lO hie
yon, Olney ville, R. I.
H ERBERT B. WOOD, )
W ILLIAM F. KING, > Committee
JOHN T. KENYON. J
O. H. W H ITE & CO..
W.
J.
H ayes
&
Sons,
$ 5 5 ,0 0 0
4
GOLD BONDS
M ORTGAGE
LOANS
TEXAS.
Rudolph Kleybolte & Co,
SEARS & W H ITE,
Choice Investment Bonds o f Cities,
Counties and School Districts.
Successors to
EUGENE R. COLE,
Tames N . B ro w n & C o .
^
LISTS MAILED UPON APPLICATION.
THE WALL STREET JOURNAL
gives valuable information daily on stocks and bonds
p QYf
§ go, H
I W
BANKERS,
6 2 C ed a r S tre e t,
-
-
NEW Y O R K
MUNICIPAL. COUNTY, SCHOOL AND
TOWNSHIP BONDS
BO .U O HT
IANB
S T A T IO N E R S A N » P R IN T E R S .
Supply Banks, Bankers, Stock Brokers and Cor
porations with complete outfits of Aocount Book»
al|a^Newn^sonoerns organizing will have thel
orders promptly executed.
So, I W UiW Aflf S T R E B T ,
712
THE CHRONICLE.
STATE AND CITY DEBT CHANGES.
W e s u b jo in
la s t
p u b lic a tio n
S om e o f
o f
rep orts a s
o f
to
o u r
m u n ic ip a l
S t a t e
a d d itio n a l
to
C it y
a n d
th ese re p o rts a re w h o lly n e w
in fo i m a tio n
d e b ts r e c e iv e d
a n d
th o se g iv e n
in
Hartford, Conn.—(C h r o n i c l e , vol. 58, p a g e io o s T ^
figures of indebtedness of the town of Hartford on r w l 6
1894, as given in the following statement, have been am- 5 lf
by means of a special report to the C hronicle f r<J o 'U
Strong, City and Town Treasurer.
C* G-
s in c e th e
S u p p l e m e n t .
o th ers
c o v e r
ite m s
th e S u p p l e m e n t
The town and city of Hartford, in the county of the
name, although identical in area, have separate govern
and separate debts. The debts of both are given b e W
^
«a i d o f i n t e r e s t t o i n v e s t o r s .
Bartow, Fla.— ( C h r o n i c l e , v o l . 58, page 1045,)— Following
is a statement regarding the finances of this town in Septiem
ber, 1894.
T Bartow is in Polk County.
Total debt Sept. 1894. .. $31,500 Population in 1890 was
13 8 6
R e y v tlS S n
loo;ooo m
.
m
™ 1894 « * * ^ £ 8 8
East Liverpool School District, Ohio.— A statement o f the
indebtedness, etc., of this district in September, 1894 is given
below.
Totaldebt Sept. 1894. ..
10 956
$80,000 I Population in 1390 was
P 0 p u la tiO 1 1
1894
Findlay School District, Ohio.—Below is a statement con
cerning the finances of this school district in September, 1894.
Total debt Sept., 1894.. $135,000 I Population in 1890 was
18 553
Tax valuation 1 8 9 3.... 7,000,000 Population 1894 (estim;dj 22 000
Real valuation............... 20,000,000 |
Flathead County, M ont.—A statement regarding the
finances of this county in September, 1894, is as below. No
report appeared in our S t a t e a n d C i t y S u p p l e m e n t .
County seat is Kalispel.
Total debt Sept. 1894..... $100,000 1Real valuation. .
$8 000 non
Tax valuation 1893......3,800,000 |Population 1894 (e stL „....?7 ;5 0 0
La Salle County Drainage District No. 2, Town o f Wal
lace, III.— The figures of indebtedness of this district in Sep
tember, 1894, are given below :
Totaldebt Sept. 1894..
$45,co o I Population in 1890 was
80 70«
Tax valuation 1893__ 16,973,363
M ---- »0,798
NEW LOANS.
fVOL, Lix,
Cit y
H artford D ebt :
of
w‘
Capitol...................... 1872
& J
Jan. 1 , 1897
Funding bonds........ 1893 4
^.OOO.OOO
& J
July 1 , 1918
W ater................1 8 7 4 6
& A
290.000
Aug. 1 , 1899
do .................. ....1 8 9 2 5
& J
202.000
July 1 , 1900
do ..................... ..1881 5
48,000
& J
July 1 , 1906
do ............... ......1 8 9 3 4g.
,45,000
& J
July 1 , 1918
do (Reservoir).;. 1893 4
^75.000
& J
July 1 , 1918
To vvn op H a r t f o r d D e b t :
200,000
Consolidated*...___1889 3
July 1 , 1909
10-25 bonds..........,18 8 0 4*8 H ____J R H
L
ii7U3
750.000
July 1 , 1905)
__
,
Subject to call after July 1 ’ 1890
320.000
Town notes.. . . . . . . . . ..4 ^ , 5 & 6 . . . .
0 / demand.
Non-taxable.
PAR VALUE.—The city’ s bonds are all for $1,000 each.
INTEREST on all of the city bonds is payable at the city tre»«n
on the town bonds, at the town treasury.
asuT
J"P"TAL DEBT, Etc . The subjoined statement shows Hartfru.*,
otal municipal debt, the sinking fund held by the city « S X *
same, and the water debt, on the first of April, 1894,1893 and 1 Lo
also the town’s debt and sinking fund on October l , 1893 iaao 2i
1891.
■
Lt>92 aact
_ j . . . . k ,
1894.
1893.
1892.
Total debt (including water).. .$2,260,000
$2,060,844
$2,359,844
__
359 533
Assets (see below). . . .
336,453
607,224
w N etojtydebtpn April 1....$1,900,437
$1,724,391
$1,752,620
Water debt included above*. . . . 970 000
770,000
770,000
Temporary loans included..................’
289,844
289,844
Total town debt (additional).. .$1,154,98 i
$1,105,581
$1,245,581
Assets,.....................................
224,846
155,502
247,212
Net town debt on October 1 $930,135
$950,079
$998^369
fiom h|25 OOO
non *
self-sustaining, raising from water rents
rrom $¿5,000 to $40,000 each year above interest on its bonds and in
expenses, except when new reservoirs are under construction
*
NEW LOANS.
MISCELLANEOUS.
185*-
MUNICIPAL
G e r m a n -A m e r ic a n
BONDS
FOB INVESTMENT.
5 2 W A L L 8 T .. N E W Y O R K .
P A R T 1C U L A R S S U P O N ; A P P L IC A T IO N
Grade Municipal Bonds
for investment by Savings Banks
Descriptive circular
sent upon application.
»8
5
AND
Brothers
STATE
NASSAU
&
C o .,
S T R E E T ,! IB O S T O N .
S T ..
NEW
YORK.
P A R T IC U L A R S
UPON
A P P L IC A T IO N .
$ 7 5 ,0 0 0
City of Derby, Conn.,
2 0 -YEAH FU ND IN G GOLD 4s,
Street, Wykes & Co.,
44 W A L L STRE ET.
-
M a tu r in g J u ly 1 , 1 9 1 4 .
NEW Y O R K .
P rin cip al and In te r e s t P a y a b le in G o ld .
Price and Particulars on Application.
W . N . C o le r & C o .,
m u n ic ip a l
.
b o n d s
04 NASSAU STREET.
S ^ a s ^ S R i W E ^ ^ V ^ i LOAN
‘tesirin« to represent the Oomjmnv
are invited to address the President at Home Office
L ife Insurance C o m p a n j
of P o r tla n d , M a in e .
Fr e d . e . R ic h a r d s , Pres.
A r t h u r L . Ba t e s , Vice-Pres.
J. F r a n k L a n g , Secretary
Union Mutual L ife Insurance Company hai
aan-^bn8lness experience o f forty fo u r years. Jti
>oiieies are generally conceded to be o f the mosi
iberal character, i t is the ONLY Company issutm
under to e Maine Non-Forfeiture Law. 1
J^irty-six MiUions o f Dollars o f Insurance it
m rce upon its books. It >ias an Annual Income 0)
^ue-and-a-Quarter Million D olars, It has alreadj
Bollars 8 pollcy' bolders Twenty-seven Millions 01
F arson , L e a c h & C o . ,
2 W
A L L S T R E ____________
ET,
________________
b a n k e r s
A. WHEELWRIGHT..............Assistant Secretary’
U n io n M u tu a l
b o n d s
For Investment.
P R IC E
IN T H E C IT Y O P N E W Y O R K .
OFFICBR8.
ARTHUR C. PERRY......................
Q
JOHN P. MUNN—............... . ...... Medical Director
FINANCE COMMITTEE.
MEMBERS OF THE NEW YORK AND BOSTON GEO. G. WILLIAMS-..........Pres. Chem. Nat, Bant
JOHN
J.
TUCKER...............
BmWer
STOCK EXCHANGES.;
B. H. PERKINS, JR—Pres. Imp. & Traders’ Nat. B’k
Tbetwo most popular plans of LIFE INSURANCE
DEALERS IN COMMERCIAL PAPER.
re the CONTINUABLE TERM POLICY whioh
J!?? .l?5ur®4 the greatest possible amount of
event 01 death, at the lowest possland the GUARANTBBD
income POLICY which embraces every valuable
feature of investment insurance, and which In tn«
B lake
m u n ic ip a l
States Life
G E O R G E H . B U R F O R D , President,
a P . FRALBIGH .....................
...secretary'
Ground Floor, opposite Custom House.)
and Trustees.
T h e U n ite d
In su ran ce C o .
In vestm en t C o .,
High
1894.
Em erson
.
m c m il l in .
NEW Y O R K .
H enry
b.
W il so n .
Emerson McMiUin & Co.
40 W A L L STREET, NEW Y O R K "
DEALERS IN '
G A S -W O R K S ,
STREET
R A IL W A Y
A N D IN V E S T M E N T S E C U R I T I E S .
A . E : H a c h fie ld ,
IN V ESTM EN T
S E C U R IT IE S .
* P in e Street, N ew Y o rk .
SPECIALTIES: Railroad Bonds and Stocks. Quotations furnished on application and corres
pondence solicited.
A N ^ D : Memphis & Charleston R R. Bonds.
m i j A Banking1Co. o f Georgia
iall
n^
« T . 0,.ed0.A
nn A rbor * Worth Michigan
underlying
issues.
'
[
assets as given above for 1894 Include sinking fund
p^r $273,274; other assets, $86,288.
ASSESSED VALUATION.—'Tke city’s assessed valuation and tax
I rate have been as fo llo w s:
„
Heal Estate. Personal Property,
j ^gg3 _,... "$35,256,847
$15,453,465
I bqo'
| f»9 ?
-
30,596*,238
30,171,885
|I S : : : " - 27,347,349
16,629,086
16,048,479
19,500,122
Total.
$50,710,312
48,881,080
47,225,324
46,220,364
47,347,471
Tax Bate.
$10-75
¿0-50
20*50
20-50
POPULATION.—I o 1890 the population o f H artford was 5 3 ,2 3 0 ;
In 18 8 0 it was 42,553; in 1870 it w as 37,743.
Lewis County, Wash.— A report received from C. M. Stead,
man, Auditor, gives the following statistics regarding the
county’s finances on July 1, 1894:
County seat is Chehalis.
When Due. Net debt July 1,1894___ $158,955
Tax valuation, real.___ 5,345,337
Tax valuation, person’!
688,893
Total valuation 1893. - - 6,034,230
20-00
64,815 Total tax (per $1,000)
F l ° o a t ii" d e b t ...:.... .......
Total d e b t.......................... 1 6 5 '« ro Population in 1890 was__ 11,499
Cash on h an d....-----5,860 Population in 1880 was__ 2,600
Long Branch, N. J .—The financial condition of this town
in July, 1894, was as given below.
Long Branch is in Monmouth County.
Total debt July, 1894..
$90,000 I Heal valuation............$18,000,000
Tax valuation 1893... .12,000,000 |Populationin 1890 w as........7,231
New Whatcom, Wash.— The following statement regarding
the financial condition of New Whatcom has been corrected
to September, 1894,
This is the county seat of W hatcom County.
LOANS—
When Due. I Total debt Sept.. 1894.... $437,000
General M u n ic ip a l B o n d s —
|Tax valuation 1893........6,096,796
6s J&D, $150,000__ Deo. 1,1911 j Assessment is Lj actual value.
faiTER B onds 1893—
Population in 1890 w a s ......4 ,0 5 9
5s,.... $250,000.................... 1913 |Populationin 1893 (estim’d).7,000
OPTIONAL.—The $250,000 o f water-works bonds are optional at
the rate of $25,000 yearly after ten years from date.
INTEREST is payable In New York City.
CHICAGO.
Neapolis (North Danville) Ya.— W e give below a statement
regarding the indebtedness, etc,, of the city of NeapoLis. in
September, 1894. No report from this city appeared in our
St a t e a n d Ci t y S u p p l e m e n t .
Neapolis is in Pittsylvania County.
LOANS— When Due. Water debt (included)..
$30,000
W a t e r B o n d sTax valuation 1893.;... 1,422,100
68, semi-an.,$30,000..Junel,1924 Beal valuation.............. 1,845,000
Interest payable in New York.
Population 1890 was............. 3,799
Total.debt Sept., 1894.....$94,900 Population 1894 (local est.).-4,700
Niles, Ohio.— W e give below a statement of the financial
condition of the city of Niles in September, 1894,
This city is in Trumbull County.
Total debt Sept., 1894'... $85,000 Real valuation... . . . . . . $3,000,000
Water debt (included)...
57,000 Population in 1890 was___..4,289
Tax valuation 1893........ 1,000,000 Population 1894 (local est.)..6,000
Ottawa County, Mich.— Below is a statement regarding
the finances of this county in September, 1894.
County seat is Grand Haven.
Total debt S ep t, 1894.. $25,000 1Population in 1890...............35,358
Taxvaluation 1893........ 9,828,700 |Population in 1894_____. ..39,056
Pana, 111.— The financial condition of the city of Pana in
September, 1894, was as follows.:
This city is in Christian County.
Total debt Sept., 1894... $37,500 Population in 1 8 9 0 .....__ __5,077
Tax valuation.................. 785,915 Population 1894 (estimated).6,500
Read valuation___. . . ___ 2,000,000
Santa Cruz, California.—The figures of indebtedness given
in the following statement have been corrected to July, 1894.
This city is in Santa Cruz County.
LOANS—
When Due. Tax valuation, real...... $3,496,114
R efunding B onds —(G o ld )—
Tax valuation, personal 411,290
5s, Apr., $300,000. Apr. 15, ’95-’28 Total valuation 1893... 3,907,404
($9,000 due yearly.)
Assessment about actual value.
............ Total tax per ($1,000).,___$28*75
5s, Apr., $60,000........
Interest payable at Santa Cruz.
Population in 1890 was...... 5,596
Total debt July, 1894......$360,000 Population In 1880 w a s..., ..3,898
Water debt (included)
320,000
TA X FREE.—Bonds of this city are exempt from taxation.
CHICAGO.
Title G u aran tee & T r u st
A O . SLAUGHTER, Member N. Y. Stock Exchange
WM. V. BAKER, Member Chicago Stook Exchange
A. O.
C om pany
OF
713
THE’'CHRONICLE.
Octo ber 2(V Ì894 1
Slaughter & C o ,,
C H IC A G O ,
MISCELLANEOUS.
J.
Sp encer T u r n e r ,
¡SUCCESSOR TO
B r ln c k e rh o fl, T u r n e r Sc C o.,
BANKERS,
MANUFACTURER AND DEALER IN
»2, 94 dfc 96 WASHINGTON STREET.
1 1 3 -1 1 7 L A S A L L E S T R E E T ,
Uifttal, paid-up. ....... ............... S I ,900,00 0
Undivided «arcings, Including
•urplua..... ...................................
1130,000
Deposited with State Auditor. .
1100,000
C H IC A G O , IL L S .
COTTON SAIL DUCK
GUARANTEES TITLES TO REAL ESTATE.
MAKES ABSTRACTS OF TITLE.
Oilers Investors In real estate securities
protection afforded by no other system of
doing business.
It authorized by law to act as Registrar of Stock*
«ad Bonds, Executor, Receiver and Trustee for
Bitates, Syndicate*, Individuals and Corporations.
Trust moneys and trust securities kept separate
fromthe assets of the Company. . ............
CORRESPONDENCE SOLICITED.
OFFICERS:
UWYNN GARNETT, President.
A . H. SELLERS, Vice-President.
ARCHIBALD A. STEWART, Secretary.
CHAS. B. LABRABBE, Treasurer.
FRANK K. SELLERS, Trust Officer.
DIRECTORS:
Gwynn Garnett.
Chas. W. Drew,
W. D. Kerfoot,
John P. Wilson.
Horaoe G. Chase,
Bdson Keith,
John G. Shortall.
Geo. M. Bogus.
John DeKoven,
A. H . Sellers.
Samuel B. Chase,
COUNSEL:
W. 0. Goody,
John P. Wilson,
A. W . Green
A. M. Pence.
J am ieson &
C o .,
S T O C K S —B O N D S ,
Members New York and Chicago Stook Exchanges
187
DEARBORN
STREET,
Private wire to New York and Philadelphia.
Loeb
&
G a tz e r t,
MORTGAGE BANKERS,
E. S. D R E Y E R & CO .,
mortgage B a n k e r s ,
C H IC A G O , I L L
First Mortgage Loans on Improved Productive
ReaiEstate Centrally Located.
to Years Business W ithout Loss to investors
Address all communications to Eastern Office.
Aster B u ild in g , 9 P in e S tre e t, N ew Y o r k
Bliss, F a b y a n &
C o .,
NEW YO RK, BOSTON,PHILADELPHIA.
BELLING AGENTS FOR LEADING BRANDS
S. H . W o o d P ro d u ce C o .,
YIELDING AN INCOME OF
4% TO 6%
CITY, MASON, LEW IS A C O ., Bankers
6 W ALL STREET,
COUNTY
bCHOOL
171 LA SALLE STREET,
f o r l is t s .
CHICAGO.
»6 B R O A D W A Y ,
5 P IN K S T R E E T , N, Y .
se n d
8 E C U R E B A N K V A U LT 8 .
G E N U IN E
- Chicago, 111. WELDED CHROME ST DEL AND IROf
interest Allowed from Date of Receipt of Money
1 0 9 h n s s s «treat.
BONDS
* CO.
6% and 7% Gold Mort*a<res.
A full supply all Widths and Colors, always in
itook.
CORRESPONDENCE SOLICITED.
C O M M ER C IA L P A P E R ,
154 La Salle Street,
AGENT
UNITED STATEN BUNTING CO.
BROWN and BLEACHED SHIRTINGS
125 L A S A L L E S T R E E T , C H IC A G O .
and SHEETINGS,
First Mortgages for sale in large and small amounts
PRINTS, DENIMS, TICKS, DUCKS, AC.
netting investors 6, 6)d and 6 per cent, secured by
Improved and income-bearing Chicago city property. Towele, Quilts, White Goode and Hosiery,
Drills, Sheetings, die., tor Export Trade.
P rin cip al an d In te r e s t p a y a b le In G o ld .
(INCORPORATED)
SUCCESSORS TO
SCHAFFNER
COTTON CANVAS FELTING DUCK,
CAR COVERING BAGGING.
RAVENS DUCK, SAIL TWINE, * 0.,
POPE “ AW NING’’ STRIPES.
C h icago , I l l s .
A. G . B eck e r & C o .,
HERMAN
AND AT.T. KINDS OP
. ’O hlenra S stia ritlM Bonsrht an d Hold.
n Bound and Flat Bars and 5-ply Plates and Ang>«*
FOR SAFES, VAULTS, he.
Cannot be Sawed Cut, or Drilled, and posltivel}
Burglar-Proof.
G H R O ifU B S T E E L W O R K S ,
Sole uan’f’ers In the U. 8. B R O O K L V N . I ,
W m , Fisher & Sons,
BANKERS AND BROKERS,
23 Sentii Street,
<*
•-
Baltimore, Aid.
913 to 917 Guaranty Loan Building,
Minneapolis, Mina.
Bay and sell all kinds of grain and produce
the Minneapolis and Chicago markets.
Write for our SPECIAL MONTHLY AND
DAILY MARKET LETTERS.
COMMISSION
Telephone, 951 Cortlandt,
# Business. Furniture
2 Filing
%
2 Cabinets
2
IO ffice I
D esk s I
Fixtures and Special W ork to order,
J
n i n n c /* A
Cincinnati, 0.
3
\ I L U t 5 c h / U ., 4 2 Ssautr 8 t.,S . Y.\
THE CHRONICLE.
X
Cxrttiro.
# 0 tt0 tU
Henry Prescott Hatch,
W OODW ARD
&
fVöL. LIX.
Arthur Melvin Hatck
Members o f N. Y . Stock and Produce Exchanges
S T IL L M A N , IN M A N , S W A N N & C o
W . T . H a t c h 6c Sons,
96 Broadway & 6 W all S t, New York,
M ERECHANTS
OOTTON MERCHANTS,
IS to 22 W ILLIAM S T R E E T ,
"N E W
N ew Y o r k ,
YORK.
Dealers in investment stocks and bonds.
Personal attention given at the N. Y. Stock »>
change fo r the purchase and sale on
J
stocks and bonds fo r cash or oh margin.
Interest .allowed on deposits, subject to draft *t
sight.
**
COTTON OF ALL GRADES SUITABLE TO
WANTS OF AMERICAN SPINNERS.
I,« i m am st x b n A Co., Limited, New Orleans, La.
LSHMAH-Du k r Co., Montgomery, Ala.
L E H M A N
B R O S .,
H en ry H e n tz &
CO M M ISSION
flO M H IS g lO N M E R C H A N T S ,
... ^
1 6 to 2 2 W illia m
C o .,
M ER CH ANTS,
S t ., N e w Y o r k .
COTTON,
NEW YO RK.
A t the Now York, Liverpool and New Orleans
Cotton Exchanges. A lso orders for
Orders executed on the above Exchanges as well
( i in New Orleans, Chicago and foreign markets.
He
P rin ce
BOSTON,
HIGH
COFFEE,
6c
Co.*
BANKERS.
EXECUTE ORDERS FOR FUTURE D E LIV ER Y
Nos. 16-22 W illiam Street,
2CBMBERB OF THE STOCK, COTTON, OOFFEE AND PRODUCE EXCHANGES,
New Y ork .
F.
MASS.
G.RA|DJE I N V E S T M E N T S
A t the New York Coffee Exohange, and
G R A IN AND PROVISIO NS,
Memberafof New York and Boston Stock Exchange, «
A t the New York Produce Exchange
and the Chicago Board o f Trade.
Hubbard, Price & C o ., Hopkins, D w ig h t & C o .,
COTTON EXCHANGE BUILDING,
MEW Y O R K .
COTTON, COTTONSEED OIL
General Commission Merchants.
AND
Members New York Stock Exchange, New York
Cotton Exchange, New York Produce Exchange, New
Vork Coffee Exchange, Chicago Board of Trade.
Orders executed on any of the above Exchanges,
also for purcnase and sale of cotton for future de
livery in Nhw Orleans and Liverpool. Liberal ad
vances made on cotton consignments.
SOUTHERN PRODUCE
COMMISSION
P R I C E , R E I D ds C O .,
N o rfo lk , V a .
(instava* O. Hopkins,
Charles D. Miller,
vcedal attention given to orders for cotton for
foreign or domestic shipment.
J, O, BLOCS.
GBO. H . OHUBOH,
J. O . B L O SS & C O .,
COTTON
M ERCHANTS,
22 W illia m Strsot,
___________ MEW Y O R K ._________________
W. D. ROUNTREE.
ALBERT L. ROTTNTRBB
W . D . Rountree & C o .,
COMMISSION MERCHANTS
t O T T O N E X C H A N G E B U I L D I N G , M EW
Y O R K , and N O R F O L K , V A .
COTTON, COFFEE, GRAIN, PROVISIONS AND
STOCKS.
A . A . Goldsmith, A g t.
COTTON BROKER.
SAMPLES AND PICKINGS A SPECIALTY.
MERCHANTS
Room 92, Cotton Exchage Building,
NEW YORK.
P a u l Sc h w a r z .
Luoius Hopkins Smith.
Samuel Hopkins.
S. A . F a t m a n , Special.
F a tm a n 6c S ch w a rz,
C O T T O N C O M M IS S IO N M E R C H A N T S .
1 W i l l i a m ¡s t r e e t , N e w Y o r k .
Members New York Cotton, Coffee and Produce
Exchanges.
Geo . W .
b a il y .
J. A . M o n t g o m e r y
CO M M ISSIO N M E R C H A N T S,
COTTON AND N A V A L STORES.
C o t t o n E x c h a n g e B ld g .
NEW Y O R K .
E xecute Orders fo r Future Delivery o f Cotton.
Correspondence invited.
Private wires to all important points North, esoutn,
Blast and W est.
B A N K E R S AND B R O K E R S .
Contracts fo r Cotton Future Delivery executed on
the Liverpool, New Orleans and New
York Exchanges.
Jos. O . O s g o o d ,
COTTON M E R C H A N TS,
M. Am. Soc. C. E.
C o n s u lt in g E n g in e e r .
Reports on Investm ent Properties fo r Bankers
and Investors.
Examinations in regard to physical condition and
character, earnings, management, needs, value, etc.
R a i l r o a d L o c a t io n a n d C o n s tru ctio n .
.MAINE.
Wtt.RAY.
B. F. EVANS, Special.
Geo. Copeland & C o .,
COTTON B R O K E R S ,
i 4 9 P e a rl S tre e t,
N ew Y o r k .
120 BROADWAY,
■ •
BONDS
Bonght and Sold by
C a h o o n e 6c W e s c o tt,
Members New York Stock Exohange,
18 W A L L S T R E E T ,
N E W YORK
F ifth A v e n u e H o te l,
M a d is o n
S qu are, N ew Y ork .
The largest, best appointed and most liberally
managed hotel in the city, with the most central
and delightful location.
HITCHCOCK DARLING & CO
PUBLIC ACCOUNTANT,
127 W a ter Street.
NEW YORK
WM. FRANKLIN HALL!
BOOKS
Expert In Street Railway Values and
Economies.
H av en 'teyer B u ild in g , C o rtla n d t St.«
NEW YO R K .
CHAS. M. ROLKER, E.
M.
Mining Engineer and Metallurgist,
NEW YORK
ACCOUNTANT AUDITED
i otton landed at mills from Southern markets a
tpeclalty. Orders for future delivery .contracts
- - -»rated on New Vork.Cotion Exchange.
New forms designed fo r books o f account.
Settlement of Insolvent Estates.
COTTON AND GRAIN
418 Exchange Building, 63 State Btreet, Bostor
FOR FUTURE DELIVERY.
Jos. C . P la tt, C . E .,
Frederick Paxson 6c G o .,
CONSULTING E N G IN E E R ,
STO CK B R O K E R S,
DRHXBL BUILDING. PHILADELPHIA.
Private wires to New York Stock and Cotton
Exchanges and Chicago Board of Trade.
L35 W all Street, New York,
And. Waterlord, N. Y .
B tamlnatlons.
Reports
Supervision.
UNITED STATES
E d w a rd F . H ig g in s,
Geo. H. M°Fadden & Bro.
».
W A L K E R H ILL, President,
A L V A H MANSUR, Vice-President,
L . A . B A TTAILE , Cashier,
W . L. RICKER, A sst. Cashier
Best Organized Collection Department in Mo.
A t w o o d V io le t t 6c C o ., A r c h ’d . J . C . A nderson,
C H A R L E ST O N , 8 . C.
P H IL A D E L P H IA .
S T . L O U IS.
Capital, - 85 00 ,0 00 i S u r p l u s , • 8323.0(10
G e o . W . B aily 6c C o .,
Correspondence Solicited.
L iv e r p o o l Co r re spo n d en ts
F re d e ric Z e r e g a & C o.
ukkmen Co r r e spo n d e n ts
M cF ad d en , Z e r e g a a e C o.
American Exchange Bani,
20 NASSAU STREET,
-
NEW YO R K
In sp ects and re p o rts on m ines, m ills and
trea tm en t oi o res.
Refers, with permission to :
M essrs. J . & W . SELIGMAN & CO., N.Y.
H on. A B R A M S. H E W IT T , N .Y .
A . E 1 L E R S , P re s’ t. C o l. S m elting Co,
P u e b lo, C o l.
TH E B R IT IS H SOUTH A F R IC A CO.,
10 St. Swithins Lane, London, E. C.
BARON EM ILE B. D’ E R LAN G ER,
43 Lothbury, London, E. C.
A L F R E D BEIT, Es«.,
of MESSRS. WERNHER, BEIT & CO ,
S0 A 80 Holborn Viaduct, London, E- 0«
@FedFRASER