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Quotation Supplement ( m^
investors Supplement (00^)
Street KailwaijSupplement (& **$
State and City Supplement
1 iw re i * v „ r i :i « » Art of Congress. la t i e ye»r 139S. by t i e W - j n B- D m O o w x x r,tn t i e o » re of ti« Librarlajs of COiyres* ]
YOL. 67.
Terms
SATURDAY, OCTOBER 22, 1S9&
v*4
I^hc
Chronicle.
"
PT7HLI>HKn WEEKLY.
of
NO. 1739.
oetaw :»
3»bseripti«—Payable La Adrance:
foe Os* Year----- — — —--------- ------ —— —-------------- #10 00
P o r £ i M o t i i i ------------------ ---------------------------- —---- 6 00
European Sxbsertpaoa iseladrax poetar *
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European rabsoripaoa Six Moati? i s r l i i i a i p a s w i . ™ . 7 00
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A ll o f w i l c h a r e fu r sL r fi* ! w it h o u t e x t r a e h i r x e t o « T » r y s u b s c r ib e r
of t i e O o a s i . i i i a x d F ix x s c iA i. Q r o s ic u k .
B re to n .
Vie rovers holiis? six mostbs' U s o r special lie coxere for Sap- Pro**.d
3 a rtf.> rd .........
are so ld at 50 ceass each : poster* on t i e same Is 13 cents.
S * » 3 & t « q, . . . .
p le a a r a
Terms of Advertising.—(Per Inch Spare.)
Transient m a t t e r _______ #3 50 | Three M ortis .13 temesi..#25 OO
s ’ATDiss acsnsxss cxnos.
Six M orris
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(Stirsee .. 13 00 Twelve Montis (52 “ ).. 53 OO
L on d on
A se n ts:
Messrs. S rra x iM * S urra. 1 Drapers' Gar-lens. 8- C.. aril! take sab
•er.ptioas asd advertisescents, and supply sinrie copses of ti e paper
a t la . e a c i
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T O R E .
P io rl* .....................
Toledo.......... — . ..
i r a i i Rapid*....*
347x00......... —
L-SX.SatOa. . . . . . . . .
A i iX U O O ............
ik r o a .......... ..........
Ba T CUT................
CL B A RING S O USB RETURXS.
T he fo llo w in g ta b le , m ad e n p b v te le g ra p h , e tc ., in d ic a te s R o c k f o r d - .... . . . . .
i t a t th e to ta l b a n k c le a rin g s o f a il th e c le a rin g houses of ^ p r i n id a l d L O h io ..
C a n to n .............. ...
th e U n ite ! S ta te s fo r th e w eek e n d in g to -d a y , O cto b er 22, T ^ x ^ r s t o w a .. .. .. .
S ra^sT lIle*...........
h a te been $1,313,774,320, a g a in s t
la st w eek and
r o t . M id . W a * lY
|1.2>5,304.373 th e c o rre sp o n d in g w eek o f la s t y ea r.
Salt U t i City—...
CLKABI^eSL
B e t s r u hy
T titgrtp L.
K e w Y o r k ........ ............................
B 'oaten.................
P h lla ic ip h ia ................................
B a ltim o re .............. .......... ............
a x L on i* ____
S e x e s citleo. 5 4 » n . ------ T o ta l all c l Oca , 6 d a y * ___
A l l e t o c a . 1 d a y ........................
T o ta l aD c .O e e f o r w e e k . .
IT m* S A h M O ete6«r*2.
18^i
S 5 4 7 .T 7 1 .It9
85.7 » . 099
a t .— o m a
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89.SS9.446
* 6 .8 9 8 .3 3 4
1897.
Per O a f .
1 HO 565 054
8 8 ,5 0 1 .1 5 3
57.78J.T 9 7
13,865.569
8 5 .5 0 0 .0 0 5
3 6 .5 0 1 .3 6 8
9 9 3 0,78 6 147
171, *164.761
993 3,17 7,9 11
16 X 0 00.013
91.103 970 .908
3 1 L 9 0 3 .4 1 1
8 L 0 5 3 .1 7 7 .9 4 4
10 > 636,931
91 3 1 V 77 4.3 30
9 L T 5S .804.875
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P r r tla a d .............
U * Aajrelaa.......
He’.ea * ................
T » c o a u ........... —
.....
Seattle
Farco...............
8
5
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3,6*3 5*^
L 800 0 v
L 6 i l 2>i
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S S L !-100.181.154
MASS*
107 7 i l
14.685,961
(-1-9
Sioox C ity ...............
W ie h ltn ....................
T o p « U ......................
F r e m o n t...................
L i n c o l n . .....................
H a»tln*s................
T o t. o th e r W est
S t. L o a la ..................
New O r le a n s ^ .......
L o n t m l l e ~ ............
S a l r e e t o a . ................
HOMIOO...W..W...
S A T tn o th ................
R ic h m o n d ...............
M e m p h is.................
A.' a n t a - . . — .........
SAAhTlllh.. ..........
S o r f o l k . . . . ............
F o r t W o r t L . .........
A a jn i tA ...................
a ir m '-n ^ h a m .........
K n o x rtU e ................
L ittl e R o c k .............
J a c k s o n v il le .... . .
rb sttan ooca..........
M a c o n .— ................
T o t a l S o u th e r n .
T o t a l a i l ................
O u ts id e N . Y ork
M ontreal................
T o r o n t o .....................
H a lifa x . .................
oYinnlpe*..
.....
27 51L 796
+T9
+ *TS
3.087.258
776. *7#
2 7 1 9 201
1.195 0 .0
L i n . **«>
5Oi,000
3S 4.11(5
506. ?3S
n«,72s
m i 32
45.034,394
+14*
SL 272.170
7.A6M064
7.546,068
4JBM S8
6,118.
4 .0 1 6 15V
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i . ’es.w1,7 <2,927
L109.575
L 059.956
706.175
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97.7*7.740
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73.505,477
* N ot Included i '.to ta ls .
774,151)
5^9*9^
11.0V9.564.
5,V2^ I7<
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4.799.409
3 ,1 9 6 3 0
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2 33 616
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023,381
15LT83
70 333
*20,091
453.782
170,781
82 670
42.6LO.i69
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60 0 000 *
Jvjtt 1.581
52,441,54
615*53f
166^78,4821
l
L674.899
L*4l.9Sul
L416.S3
loos u i
Kansas C ity .....
•L n - e a p o lU ............
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19.SS* 211
* lo o x r a i l s . . . . . .
• *«
+31
The fu ll d e ta ils o f cle a rin g s fo r th e w eek co v ered b y th e
above s ta te m e n t w ill be g iv en n e x t S a tu rd a y . W e c a n n o t,
of course, fu rn is h th e m to -d a y , b a n k c le a rin g s b e in g m ade
np by th e v ario u s c le a rin g houses a t noon on S a tu rd a y , a n d
hence in th e above th e la s t tw e n ty -fo u r h o u rs of th e w eek
b a re to be in a ll cases e s tim a te d , as we go to press F rid a y n ig h t.
W e p re s e n t below o u r u su a l d e ta ile d figures fo r th e p re.
v lous w eek, co v e rin g th e r e tu r n s fo r th e p erio d e n d in g w ith
S a tu rd a y n o o n , O ctober 15, a n d th e re s u lts fo r th e c o rre s
p o n d in g week in 1897,1898 a n d 1895 a re also g iv e n . In co m
p arison w ith th e p re c e d in g w eek, th e r e is a decrease In th e
a g g re g a te ex ch an g es o f n in e ty fo u r m illio n dollars, a n d a t
S ew Y o rk alone th e g ain is sev en ty m illio n s. C ontrasted
w ith th e w eek of 1897 th e to ta l for th e w hole o o u n try show s
an increase o f 3*7 p e r c e n t. C om pared w ith th e w eek of
1896 th e c u r r e n t re tu r n s reco rd a g ain o f 34‘0 p e r c e n t, a n d
th e excess o v er 1895 is 19-0 p er c e n t. O utsid e o f New Y o rk
th e increase over 1897 is 3 4 per c e n t. T he excess over 1896
reach es 22 5 per c e n t, a n d m a k in g com parison w ith 1895 th e
g a in u seen to be 6 4 per cent.
L 5 fi5 S >
•1 8 ,0 * ?
to w e l I ............
N«w B ed fo rd ------T o ta l N ew fem -
> ' . s a b t i ..............
P e a r l S treet,
o m c i B ox 95S.
*Y rv>*«ter.....
Pb_-.;*a4--- -----r*n R iw .........
;« T e !» a d ......... . ..
DAM A C O n P A M Y , P a b ll.n e r s ,
P in e S tr e e t, C o r n e r
2,«5,<2L a s tm
IJK2.455J
L51M43-
te rla c C tU . — • ••
81(5
THE CHRONICLE.
THE FINANCIAL SITUATION.
The situation and character of our financial markets
have not changed materially this week. At the Stock
Exchange there has been the same dull and unsettled
kind of market heretofore reported, transactions not
only being limited but affording very little evidence
of investment buying. As a result those who are in
terested in depressing prices have found it compara
tively easy to give a somewhat ragged appearance to
values. Properties about whose earnings and busi
ness not much is made public by the managers, such
as the more speculative industrial stocks, and likewise
those of railroads whose financial position is not as
sured and the future consequently in some measure
uncertain, have suffered in varying degrees; but the
best classes of securities are still high and reasonably
Bteady. Government bonds have secured a further'
advance, the new 3 per cents having made their
highest record. First-class railroad bonds have given
very little evidence of decline, and pretty much the
same is true of their stocks. The railroad earnings,
as we indicated they would last week, disclose remark
able increases. This latest development is of course
due to ihe enlarged grain movement, receipts of wheat
reaching the highest figures a' Chicago ever recorded.
The foreign demand for that cereal has likewise been
extremely active, the exports continuing very free
and prices having risen almost daily.
At the moment there appears to be no real adverse
domestic condition, but numerous industrial facts and
movements favoring a prosperous business year. Con
sequently, to explain the kind of mild paralysis that
has affected Wall .Street affairs, we have to draw on
the past or the future; what has happened or what is
about to happen or both, are accountable for the
withdrawal of buyers. Looking back, it would be
reasonable to say that the radical and capricious de
cline in American Sugar and Tobacco stocks, and es
pecially the former, must have disabled a considerable
number of traders, and deprived the market of a part
of its more venturesome class. Judging though from
Street experience, those breaks in a special kind of
security, more or less celebrated for inside manipula
tion and violent fluctuations, could be only a tempor
ary influence at most, and depressing the whole
market, if at all, only for an inconsiderable time.
Indeed, we can discover no event, cither past or fu
ture. that should have such a general effect on the
whole body of investors except what wo have several
times referred to—a common desire to wait because
coming months include too many and too largo uncer
tainties.
The public forgets so easily, thht very many to-day
fail to realize how sensitively alive to every possible
condition which may disturb the measure of values
are those who have money to invest and likewise those
who have the keeping or control of the capital of
others; we should add, too, every well-informed man
who has any property to be jeo| ardized when the
basis of values is threatened. The intense anxiety
felt by all the classes referred to and, in truth, by all
in business life, while the last Presidential election
was pending, and the uncontrollable joy and thanks
giving which found public expression in so many and
such affecting ways up town in this city, and, indeed,
in almost every city on election night, while the
favorable returns were being received, arc all a recent
memory. We refer to those matters, not because we
[V o l , L X V Ii
think those scenes or the 16-to-l issue will ever be re
peated in this country. We refer to them because
they are a late experience, and as such clearly indicate
that anything which opens a semblance of a chance
for their recurrence is suflicient to arouse the same
sentiment and produce similar action.
In the light, then, of what has transpired so re
cently, and having in mind also the four years of
struggle during President Cleveland’s Administration
in defense of our standard of values, can there be any
doubt that the elections which ar° just before us, and
which may give the country both a Lower House aud
a Senate either favorable to a gold currency or favor
able to a silver currency, are the incubus that
is preventing the full and free action of the
industrial conditions which are now so auspic
ious ? In our opinion the event feared will no
happen. Under the circumstances confidence in the
honesty and good judgment of the average American
ought to be complete; the popular will has been
tested so often, and has on so many occasions proved
equal to the emergency, that there is the best of
reasons for trusting it now. To be sure, some that
made up the majorities two years ago will not be
found in the same ranks this year; they seem to think
that whin a party be omes dumb it has experienced a
change of heart. But the body of those who left
party to ensure that victory, though unknown in
political circles, will vote again this fall so as to make
their influence effective. Until though the .lections
of next month shall have determined the event, the
uncertainty which has during recent weeks checked
Wall Street business will continue to keep affairs
there dull and unsettled, eveu if all other conditions
should remain favorable.
European complications likewise became this week
quite unexpectedly and for a brief time a prominent
disturbing influence on our Stock Exchange. We
have written at length on this subject on subsequent
pages. It seems, if reports are correct, that active
operations for putting the French Navy in a condition
for immediate use are at present in progress. This
fact, taken in connection with the Fashoda incident
and the speech on Wednesday of Sir Michael HicksBeach, Chancellor of the British Exchequer, gave the
appearance of a grave and seriously disturbed condition
to the relations existing between Frauce and Great
Britain. On the same day also a decided flurry occurred
in all the leading financial markets of Europe. Nat
urally enough our St ick Exchange, already deserted
by investors and open to every unsetting influence
that happened to be going, was easily made to yield
for the day under the pressure of this new source of
derangement. The better opinion at London turned
out to be that nothing new had occurred affecting the
relations of the two countries and that war was not a
possible outcome. Hence on Thursday the influence
here was found to have spent its force aud there was
a general recovery from the losses of.the previous day.
Friday a cable came from Paris that General Marchand would retire south of Fashoda. Very likely
the reported activity in the navy yards of France
will in the end turn out to have been greatly
exaggerated ; possibly whatever of truth there may
be in the statement is referable to the situation in
China.
It has been stated that the disturbance noted
above in the Berlin and Paris markets was not whollyand perhaps not chiefly, due to the new developments
O ctober 22, 1898,J
rHE CHRONICLE.
817
in France and England over the Fashoda incident. the aid and support of a large system, such as has
The flurry, it is claimed, became possible only because now been secured for it.
To the Atchison the acquisition of course means a
the markets were already sensitive under the fear of a
drain of gold to Xew York, the burden of which the great deal. At present it has to rely entirely upon
higher rate at the Bank of England seemed about to the Southern Pacific for an outlet to the Golden Gate.
transfer to those centres. There have all along been The relations between the. two companies have been
moderate arrivals here of gold from the Continent friendly, and the Southern Pacific has sought to fur
the shipment of which had not been publicly an nish the Atchison with the needful accommodation
nounced. The present week the arrivals from all for the conduct of its business. But there is always
sources reach $2,827,886; of that about $750,000 an advantage in a large system having its own
came from Germany, about the same amount from line. For some time the Atchison managers,
France, and the balance mostly from London. In mindful of this, have been steadily moving in
deed, a feature of the arrivals of gold at Xew that direction. The exchange of its Mexican
York this year—and it was mttch the same last lines for the piece of road extending from The Xeedyear—is the small shipments to each consignee, and les to Mojave is now seen to have been part of a much
the diversity of the points from which the gold larger and more ambitious scheme. Through that ex
has come. It moves in driblets, little sums quietly change it obtained a continuous line under its own
picked up in the various markets, evidence of the control from Lake Michig n to the Pacific Ocean, but
same reluctance everywhere shown to part with an outlet at San Diego could not answer as a substitute
the metal. And yet the aggregate is considerable. for an outlet at San Francisco, and hence the efforts
The foreign trade figures male public this week for of the managers have been directed towards securing
another month afford a record of the gold arrivals in both, an object which has now been attained.
The San Francisco & San Joaquin Valley is at
August and September of $32,142,000 gross and $27,083,000 net. If to that we add the $8,200,000 which present in operation from Bakersfield in Southern
is stated to have reached the Seattle Assay Office and California to Stockton, where water connection is had
the San Francisco Mint from the Klondike this sea with Sm Francisco. An extension from Stockton to
son, and the probable arrivals at all points in Oct Point Richmond, opposite San Francisco, eighty
ober—say $15,000,000—it becomes evident that we miles, is in course of construction. As this involves
hare been accumulating considerable gold here be rather difficult work some time must elapse before its
sides our own production during the current half-year. completion. There is thu3 left only the gap of 68
It looks, however, from the nature of our foreign miles between Bakersfield and Mojave to give a contin
trade balance as if there would have to be a period of uous ioad to San Francisco Bay. The building of this
freer gold imports before the new year opens Taking last piece, it is thought, can be dispensed with entirely
the whole trade movement, merchandise and gold and by getting trackage rights over the Southern Pacific
silver, for September, the favorable balance that month line between the same points. It is a particularly
is $31,180,000, and since the first of January, made up gratifying fact that there seems no likelihood of fric
in the same way, it will be found to be $296,448,000. tion with the Southern Pacific by reason of this step.
The four months from October 1 to February 1 will One reason, no doubt, is that the Southern Pacific
include the heaviest exports of the year. Most likely managers wish to show that the charge that they have
it was a fear of some such larger movement impending been anxious to retain a monopoly of California traffic
that disturbed the Continental money markets this is unfounded. Another reason is that the road being
week. Higher exchange as the week closes has de thero the Southern Pacific people naturally prefer
that the Atchison should be responsible for it rather
ferred, but only deferred, such a movement.
The acquisition by the Atchison managers (subject than that it should exist as an independent disturbing
to ratification by the stockholders at their meeting in factor. At all events, they are taking a rational view
December) of the San Francisco & San Joaquin Valley of the matter, and are understood to be willing to
Railway marks one of the prominent events of the accord traffic rights over the piece of road in question.
week and year. There are many aspects in which the Thus the move seems likely to lead to happy results
matter is important. The people of San Francisco all around.
have long sought a new rail route to the East inde
The Xew York Central has this week issued its
pendent of the Southern Pacific. By this arrange statement for the quarter ending September 30 and
ment they get it under the most favorable auspices, it deserves a few words of explanation. The state
backed by an extensive and powerful trans-Continental ment shows results about as expected, that is a con
system. For ourselves we have never been able to siderable loss in gross earnings, but offset to a large
find any ground for the chargts of extortion and extent by a decrease in operating expenses. In brief,
monopoly which have been so freely made against gross earnings fell off $884,551, while expenses were
the Southern Pacific year in and year . out. But reduced $504,292, leaving a loss of only $380,259 in net
the fact can not be ignored that this sentiment has earnings. The falling off in the gross follows entirely
existed. It will be a great point gained to have all from the exceptional character of the conditions last
basis for it removed by the establishment of a second year in the matter of the grain tonnage. The high
line, and we imagine that the Southern Pacific people prices ruling for grain in the summer of 1897, attend
themselves will experience a great sense of relief. The ed by the large export demand, resulted in a grain
projection of the road was the result of a popular movement of phenomenal dimensions over the rail
movement, and funds for the beginning of the work roads. The present year, on the other hand, prices
were obtained by the sale of the stock at par through were unsatisfactory and farmers held back their grain.
public subscriptions Thus far there has been i o If comparison is made with the corresponding quarters
difficulty in obtaining money to push the enterprise, of other years, the showing is entirely favorable.
but it must be considered questionable whether the Thus, while the gross now is $11,394,396, for the same
road cmid be made permanently successful without quarter in 1896 it was $11,064,702 and for the like
8 18
THE CHRONICLE
quarter of 1895 £11,436,036. The net at £4,376,214
contrast, with but 13,992,934 in 1896 and with £4,163,112 in 1895.
,v^?sing to a consideration of tho other items in the
statement, we find some even more striking changes
from last year than those already noted. The fixed
charges have increased $723,281. But the reader
neel hardly be told that this is due to the absorption
of the Lake Shore into the New York Central system.
The increase in charges is attended by a still larger
increase in the income from investments, representing
the return received by the Central on its holdings of
Lake Shore stock. This income from investments
is reported almost a million dollars larger than
for the same three months of 1S97—in exact figures
the increase is £950,105. As a consequence of all
this, the final result shows a surplus above the one per
cent dividend for the quarter, only £147,434 less than
for the same quarter of 1897, notwithstanding the fall
ing off of £380,259 in the net earnings. The amount
of the 8urphis is £553,607 for i89S, against £701,042
last year. In 1896 we may say the surplus was only
£46,043, in 1895 £224,431, while in 1894 there was a
deficit of $96,943.
No class of roads has greater difficulty in checking
the declining tendency in rates than the soft-coal
roads. The truth of that statement is brought forci
bly to mind in the annual report issued this week by
the Western New York & Pennsylvania. This road
had realized in 1896-7 an average of only 5 T21 mills
per ton per mile, but for 1897-8 there was a decline
to the very lowest figure in the company’s history,
namely 4-726 mills. The matter is of importance
only a3 showing that a good part of the advantage
resulting from the development of traffic is lost
through this unceasing whittling down of the price
paid by the shipper for the services rendered to him.
The Western Yew York & Pennsylvania is not a large
system, yet the shrinkage in rates meant a loss
to it in net earnings of about £200,000. The addition
to traffic was fortunately sufficiently large to permit a
gain in revenue despite the decline in rates. In this
way the company was able to add £291,163 to its gross
earnings and £191,306 to its net earnings. The call for
interest, however, on the general mortgage bonds,
as it happened, was £75,000 larger than in the year
preceding, because the bonds now bear a higher rate.
After meeting tho increased interest requirements,
there wa3 left a surplus of £190,509, but ex
cept for the smaller rate received the
sur
plus would have been over double this amount.
The whole thing only gots to show anew how
circumstances beyond control frequently come in and
disturb the calculations of railroad managers and
prevent their labors on behalf of the property, and
the efforts they are making to extend its revenues,
from becoming fully manifest.
Extracts from an advance copy of the annual report
of the Southern Pacific Company appear in this bsue
of the CHKOSICI..K. We think tho now arrangement
of the matter in tho report will commend itself to
those desiring to get quickly at the results obtained
from the operation of the combined properties for
which the shares of the Southern Pacific Company are
Outstanding. Both in mileage and in earning capacity
the company is one of the largest in the country (its
4'rofs receipts for the year ending June 30, 1898, hav
ing been £58,477,498), and we expect to review the
report next week.
[Y ol.LXVII.
The deposits of public money in the specially-des
ignated depository banks are increasing, now amount
ing to over £93,800,000, and it is expected that these
deposits will soon reach £ LOO,000,000. As noted
last week, the increase is largest in banks in the inter
ior. The awards for the 3 per cent bonds were com
pleted on Monday. It is said that those who sub
scribed for larger amounts than £4,500 get none. The
amount thus far paid into the Treasury on this
account is £190,380,435, leaving £9,619,575 yet to be
paid; it is thought probable that final settlements
will be made by the end of the month. The move
ment of money by transfer through the Treasury has
been smaller than last week, and chiefly to the South.
Some of the banks have been shipping direct
to the Northwest and some to the South, but
the drain by these shipments and transfers was
more than offset by the excess of payments over
receipts at the Sub-Treasury, by the arrivals of gold
from Europe and by the receipt of gold from San
Francisco.
These consignments come principally
to Lazard Frere3 and Seligman & Co., who were
concerned in the importation of £3,000,000 gold
at San Francisco from Australia, published in
this article Sept. 3. It is reported that some
of the banks and trust companies are—directly and
not through exchange houses—purchasing commer
cial bills for investment and profit, loaning the pro
ceeds of these bills abroad at the current rates there
ruling. The operation would seem to be safe and
likely to be profitable so long as the tendency of the
exchange market continues upward. Loans by the
banks upon long bankers’ sterling, bought for in
vestment, to bold until it runs to sight, are made
to some extent, bat banks generally seem inclined
to demand 3 per cent for these loans, while the hold
ers of the bills are indisposed to pay more than 24
per cent.
Money on call, representing bankers’ balances, has
loaned at the Stock Exchange during the week at 2£
and at 1£ per cent, with the bulk of the business at 2£
and the average about 2 per cent. The lower rate was
not recorded until Thursday afternoon, when there
appeared to be a pressure of offerings and considerable
money was loaned below 2 per cent. The range on
Friday was from 2 to 1^-per cent. Banks and trust
companies quote 2 per cent as the minimum, some how
ever obtaining 24 for loans which are expected to
remain undisturbed, including some upon sterling
collateral. Time contracts are freely offered, the
demand is good and a fair amount of business i3 done,
especially on sterling for short dates. Quotations are
2.J per cent for sixty to ninety days, 3 per cent for
four to live months and 3@3.4 per cent for six months.
There is a good inquiry for the best commercial paper
and the supply is moderately large. Rates are 3£@3^
per cent for sixty to ninety day endorsed bills receiv
able, 3 1 . 1 per cent for prime and 4£@5 per cent
for good four to six months’ single names.
Excitement abroad concerning the Fashoda incident
seemed to be stibsidiug early in the week, but it wasrevived by a report on Wednesday that the French
fleet was being prepared at Toulon for service, and
that war preparations wore being actively made. On
Friday it was reported by a cable from Paris to Lon
don that General Marchand would retire south of
Fashoda. On this news the London market advanced
sharply. I'orto Rico passed under the absolute sov
ereignty of the United States on Tuesday, the flag be
O ct@beb
22, 1898.]
THE CBEONICLE.
8 L W
S7'
ing raised at San Juan and at other principal cities.
The Bank of England minimum rate of discount re
mains unchanged at 4 per cent. The Bank of France
raised its rate of discount on Thursday to 3 per cent
from 2 per cent, at which it had stood since March
14 1895. It was reported on Thursday that the Bank
of Germany would further advance its rate of dis
count next week. It was said that one reason for the
sensitiveness of the Berlin discount market was that
Paris bankers had advanced to houses in Berlin a large
amount (said to be 250 millions of francs) by way of
discounts, and therefore higher rates at Paris might
compel the withdrawal of some of this money and at
the same time check the financing of Russian loans
in Berlin. The cable reports discounts of sixty to
ninety day bank bills in London 3f@3f per cent.
Following the advance at the Bank of France, open
market discounts at Paris rose to 3 per cent, falling
on Friday to 2^@2| per cent, and the unofficial rate
at Berlin and Frankfort was 4£@4§ p r cent. Accord
ing to our special cable from London, the Bank of
England lost £52,207 bullion during the week and
held £31,143,744 at the close of the week. Our cor
respondent further advises us that the loss was due to
the import of £20,000 from Australia, the receipt of
£195,000 net from the interior of Great Britain and
the export of £267,000, of which £220,000 w- re to
Egypt, £27,000 to South America and £20,000 to
Malta.
The foreign exchange market was dull and steady
to firm until Thursday, when it grew more active and
stronger, influenced by dearer discounts in London and
on the Continent. The feature has been continued
purchases of long sterling for investment, to hold
until it runs to short, and also buying of commercial
bills by banks for profit as above noted. The firm
tone for short sterling is partly due to the demand
to remit for stocks sold here for European account
and to remittance for settlements. There has been
$300,000 gold engaged by Lazard Freres for shipment
from Europe this week. There was an arrival of
$3,750,000 gold at San Francisco from Australia on
Thursday; arrivals of gold at this port from Europe
have been $2,827,886.
The range for posted rates for exchange was from
4 82 to 4 82£ for sixty day and 4 85 for sight until
Thursday, when there was a pretty general advance,
caused by higher discounts abroad, and the range
was from 4 82£ to 4 83 for sixty day and from
4 85 to 4 85£ for sight until Friday, when an
advance in the latter made the range for
sight 4 85£ to 4 86. Rates for actual business opened
on Monday unchanged, compared with those at
the close on Friday of last week, at 4 81^@
4 8If for long, 4 84f@4 84£ for short and 4 84f@
4 85 for cable transfers. The tone was steady to firm
and the business light. There was no quotable change
until Thursday when rates advanced one-quarter of a
cent all around to 4 81f@4 82 for long, 4 84£@4 84f
for short and 4 85@4 85f for cable transfers. The
market closed strong on Friday, with rates for
actual business 4 82@4 82f for long, 4 S5@4 85f
for short and 4 85^@4 85f for cable transfers. Prime
commercial! 81@4 81± and documentary 4 80f@4 81£.
Cotton for payment, 4 80f@4 81, cotton for accept
ance 4 81@4 81f and grain for payment 4 81f@
4 81*.
The following shows daily posted rates for exchange
by some of the leading drawers.
DAILY POSTED RATES FOR FOREION EXCHANGE.
MOW..
F r i ..
Oct. 14. Oct. 17.
Brown Bros—...
Magoun & Co..
Bank B ritish
No. A m erica..
3ank of
M o n treal.......
Canadian Bank
of Commerce..
Eleidelbach, lekelheim er & Co
Lazard F reres...
M erchants’ Bk.
of C anada......
(00 days.
\ Sight....
f 60 days.
! Sight...
S 00 days.
(S ight....
(60 days.
( 8 ig h t....
(00 days.
\ Sight....
S 00 days.
(S ig h t....
(60 days.
1 Sight....
j 00 days.
' Sltrht....
52
86
S2J*
86
82
86
S2*
86
S2*
85
82*
85
82*
86
82*
85
T u b s . WBD.. T h d r
Oct. 18. Oct. 19. Oct. 20.
82
85
§2*
85
82
86-
82*
86
^2*
86
m t
86
82*
85
82*
85
82
85
82*
85
62
85
82*
86
82*
86
8 2*
85
82*
86
82*
85
82
85
82*
85
82
85
82*
85
82*
85
62*
85
82*-JP
8 2^
85*
82*
85
82*
86*
82*
t- i *
82*
85*
6 2*
85*
83
W*
82*
86*
.S3
85*
85
F bt .
osi. zt.
S2*
85*
85*-©
S*5£85*
82*.
£*83
868S:
8©'
82*-3?
83
86
The following statement gives the week’s movement
of money to and from the interior by the New York
banks.
Week Ending Oct. 21, 189&
Received bu Shipped by
N, Y . Banks. N. Y . Banks.
N et Interior"
Movement:
3 Old............................................- ..................
$4,879,000
931,000
$3,806,000 G ain.$1,073,00#?
094,000 G ain.
237,00©
Total gold and leg al te n d e rs .......
$5,810,000
$4,500,000 G a in .$ I,7 1 0 ,0 0 0
With the Sub-Treasury operations and gold im-ports the result is as follows.
Week E nding Oct. 21, 1898.
Into
Banks.
Out of
Banks.
B anks’In te rio r m ovem ent, a s above
Sub-T reasury oper. an d gold im p ’ts
$5,810,000
33,400,000
N et Change in
B ank Holdings*
$4,500,000 Gain.$l,31©,OOtP
20,400,000 G ain. 7,000,00©
T otal gold and legal te n d e rs ....... $39,210,000 $30,900,000 G ain $ 8 ,3 1 0 ,0 0 ^
The following table indicates the amount of bullioEin the principal European banks.
Oct. 21, 1897.
Oct. 20, 1898.
Bank of
England____
F ran ce....
G erm any- .
R u s s ia ........
A nst.-H ung’y
S p a in .---I ta ly ..............
N etherlands
Nat. Belgium
Gold.
X
31,113,741
73.078,636
24.194.000
101,300.000
35.329.000
10.999.000
14.798.000
4.313.00f
2,785,000
Silver. |
Total.
1
*
........
1 31,143.744
49,119.901 122,798,50
12.403.000 36,057.000
3,5 6.000 104,81-5.000
12.498.000 47,827,000
5.277.000 10,270,000
2.234.000 17,032,000
6,000.000 10.979.00f
1.392.0001 4,177.0Of
Gold.
Silver.
X
|
X
31.855.009 ...............
78,424,380 48,288,358
26.405.010 19,118,000
114,613,000 ; 4,007,000
38.254.000 12,430,000
9.028.000 16,400.900
15.032.000 2,340,000
2.080.000 0,704,000
2,763,383 1,370,607
lo ta L
X
31,855,69'
126,712,744?
38,583, OCX?
11^,710,004?
60,684.06*
19,458,00
17,972,00e>
9,334,006’
4,1c 0,00 CP
T ot.this week 291.549,280 93,225,904 391,775,244 318-.085,38S 08,784,026 417,409,113?
T ot.prev. w’k 299.851,297 93,539.714 393,301,011 318,232.702 99,039.044 417,272.43®
THE POL TIOAL DISTURBANCES I N
EUROPE.
It is Dr. Max Nordau, we believe, who gave assent^in one of his recent works, to the popular notion that
the last years of a century are sure to be subject termomentous political upheavals. The theory, if i t
may so be called, has the usual attraction exercised!
over the popular mind by efforts to construct curioo©
coincidences into law. The public rather enjoyed
suggestion that because the Sixteenth Century ended!
with the Turkish and Franco Spanish wars, the Sev
enteenth with the struggle of united Europe against
Louis XIV., and the Eighteenth with the French Re
volution and the consequent disintegration of Euro
pean States, therefore the last hours of the Nineteenths
Century must have something similar in store for ns.
It will hardly be necessary to engage in argumentover the problem whether international events arelikely to time themselves scrupulously to a calendar
devised by a monk in the middle ages. As a matter
of coincidence, however, it is somewhat interesting;
to observe the complex diplomatic situation which
exists throughout the European world as the present
century approaches its end. The statesman who*
wishes a puzzle to solve can at most times find what
he wishes in continental diplomacy, which was cer
tainly rather more tangled during 1848 antE
1870 than it is in 1898. 'But there are numerous
factors in the present situation so peculiar
820
THE CHRONICLE.
and striking that they may be said to dis
tinguish to-day’s political outlook from that
of any similar period in recent history. This novelty
of the diplomatic situation leads, as a novel situation
often does, to grave misgiving and perplexity—mis
giving founded less, perhaps, on visible signs of
danger than on developments whose results are diffi
cult to predict at all. The situation is worth study;
that it is being studied by conservative interests,
nmro or less apprehensively, lias been shown by recent
movements of foreign government securities. It was
only a few days ago that British consols declined £
point, German Imperial 3s declined I point, and
French rentes almost within a week, and the climax
of this decline was reached under misgivings in re
ganl to the diplomatic outlook at Paris, Pekin and
Constantinople. On Wednesday of this week the
same disturbing rumors began to circulate again, re
sulting in another upset on the foreign bourses.
We have already indicated the three directions in
which such misgivings have had their influence. The'
Chinese imbroglio passed at the close of last month
into a most extraordinary stage. That a court revo
lution of most serious significance had occurred at
Pekin was proved by all advices. The young emperor
of China had been regarded as largely under English
influences; it was suddenly announced that ho was
sick or dying, and his relative, the dowager-empress,
a foe of long standing to Great Britain, at once as
sumed control of public affairs. The known facts of
this strange situation were presently expanded to a
rumor that the Emperor had been put to death by the
pro-Russian palace faction. The grave possibilities
involved in such an event were obvious.
Tnis week’s events suggest that the misgivings of
two weeks ago were exaggerated. On Tuesday last,
the official physician of the French legation, who was
perhaps as impartial an authority as could be found,
was admitted to the sick room, and he found the em
peror alive. The situation is still embarrassing, par
ticularly since the E nglish people, having seen already
a withdrawal by their ministry from one ultimatum
regarding trade influence in China, are restless and
angry over the possibility of a final diplomatic defeat
at the hands of Russia; but it has disappeared as a
source of acute misgiving.
When uneasiness over the Pekin situation was at its
height, there was similar misgiving in regard to the
Sultan’s attitude in the Cretan matter. The Ottoman
ruler had again been brought into conflict with the
rather cumbrous machine known as the Concert of
Europe, and as usual the collision arose from his
deliberate failure to keep his promises. He had
agreed to withdraw from Crete at a given date. The
date arrived, and the Turks had neither withdrawn
nor made any effort to do so. After his fashion, the
Sultan begge i for more time, and in substance his
demand was granted. It need only bo noticed, how
ever. that the alarm of two weeks ago over possible
resistance by the Turk, with consequent disputes
among the Powers, was not well-grounded. The
epi >11o i* indeed somewhat useful as showing that the
predictions of eighteen months ago, after the GreooT 'rush war, to the effect that the Sultan had now
regained a formidable place among European Powers,
was wholly premature. Fortunately both for the
['•ace and the self-respect of Europe, Turkey has
promptly fallen back into its old position of a pan
si otter and a suppliant, whose presence is tolerated
[V ol. LXVII.
simply because it is not; easy to say who shall replace it.
Evidently, then, two of the rumors which have been
unsettling the European Stock Exchanges have uo
such foundation as the alarmists thought. But there
remained, and still remain, the two far more serious
influences of the Fashoda dispute between England
and France, and the Dreyfus complication at Paris.
We think that these two factors in the situation are
closely connected with one another. That is to say,
we believe—and the belief is shared by nearly all the
responsib'e London newspapers and reviews—that but
for the Dreyfus crisis, the episode of Fashoda and
Major Marchand would have been closed some
weeks ago. By this we do not mean that the
French Government intends to go to war with Eng
land in order to shake off its home embarrassments.
Such a possibility has, iudeed, been suggested, and
has doubtless played its part in the misgivings of the
week. It is the k nd of recourse which would in
stantly have occurred, under similar circumstances,
to the mind of Napoleon III., and what we know of
that tinsel statesman would lead to the belief that he
would promptly have chosen war.
But the Premier of the French Republic is a man
of a different stamp. An ascetic in character and
habit, he has already Shown the quality of his moral
courage by shaking off army dictation in the Dreyfus
matter. So long as ho retains control, it is likely to
be the army, and not the Ministry, which would w el
come a foreign war for the sake of the obscurity into
which such a war would throw the scandals of the
military administration. It is, in fact, rather gen
erally believed among the well-informed in London
that the delay in Great Britain’s demand for the with
drawal of Major Marchand and his Frenchmen from
Fashoda arises solely from the English Ministry's wish
to leave the French Government a dignified avenue of
retreat, M. Brisson’s position is not pleasant. He is
of course aware that Gen. Kitchener holds Major Mar
chand at his mercy; that but for the English victory
at Obdurmau, the little group of Frenchmen would
themselves have fallen victims to the Khalifa, and
that without a single aggressive move it is in the
Sirdar’s power to cut off supplies from the French
explorers and force them to unconditional surrender.
As a matter of fact, Major Marchand and his men are
to-day Gen. Kitchener’s protegds and guests, a fact
which lends some color of absurdity to the theory of a
critical international situation on the Nile. We take
this view of the matter, agreeing in it with the con
servative London press, despite Sir Michael HicksBeach’s threatening speech at North Shields last
Wednesday evening. Sir Michael’s words must be
explained, we think, exactly as the French Cabinet’s
action is accounted for—by the fact that both minis
tries Have an impatient public to keep in hand.
If this view of the Fashoda matter is correct, con
servative management of the situation may he as con
fidently expected from M Brisson and M. Hanotaux
as from Lord Salisbury. Indeed, we should suppose
that the British Foreign Office has purposely refrained
from any aggressive official demonstration, in view of
the awkward political state of things in Paris, At
best the Premier’s position is insecure. The army
influence is massed against him; experienced politi
cians have made no secret of their belief that his
tenure of office will end with the re-assembling of the
Deputies. It is, wo think, the act both of intelligent
diplomatists and of gentlemen for the English Min-
October
2 ;, ld98,]
THE CHRONICLE
istry, at such a juncture, to leave the Fashoda case
very much in s t a t u q u o , and to refrain from any move
which could embarrass the French Government.
But if the apprehensions of many political observers
are fulfilled, and the Brisson cabinet is ousted, what
is to be the result? The Dreyfus case must none the
less approach its crisis; the four past years, and nota
bly the four past months, have proved the hopeless
ness of smothering the scandal. If, as is not impossi
ble, the (J o u r de C a s s a t i o n were to refuse a rehearing,
on the ground that Ool. Henry’s confession of forgerv relating as it does to a document not adduced
in the original Dreyfus hearing, is therefore not
new evidence—even in such event there is little reason
to believe that the end of the matter has been seen.
It is this uneasy feeling that the French Government
is groping in the dark, and that no human foresight
can predict the Paris news of the next few months,
which upsets at intervals all the European markets.
The whole disturbance, in other words, once more re
duces itself to doubt over this political and military
mystery in France. For ourselves, we can only repeat
what we have said before, that however perilous, from
an opportunist point of view, maybe the path which
the Brisson Ministry has chosen, it is the only possible
way to safety. If straightforward and honorable deal
ing cannot avert the storm which has so long been
overhanging French institutions, then nothing can
avert it. But we have too much confidence in the re
serve of common sense and self-respect among the
French people to believe that appeal to publicity and
justice can fail.
GREAT NORTHERN’S PROSPERITY.
It is difficult to write with regard to the Great
Northern Railway, and its controlling spirit Mr. James
J. Hill, without appearing to indulge in language
which to the uninformed will seem extravagant or
exaggerated. American railroad history affords many
examples of systems that have had a prosperous career
and have netted large returns and handsome profits
to their promoters and backers. But among them all
there is not one that has had a more marvelous record
of prosperity than that of the Manitoba and Great
Northern, the latter being merely a more convenient
form of organization for extending the operations of
the former.
As was said last week, as a money maker it has been
unequaled. It has made money for all those in any
way financially interested in the property. But at ihe
same time it has conferred untold benefits upon its
patrons and the communities which it serves. To the
latter it has opened up new territory, ha3 furnished
unexceled facilities and a steadily decreasing charge
for the transportation services rendered. Indeed, this
last has been Mr. Hill’s pre-eminent merit, that hehas
kept steadily in view the desirability and need of giving
the public more and more for its money. It may have
been simply enlightened self-interest that dictated
this course, but the fact itself is unquestioned. The
present report furnishes many evidences of the im
portance which Mr. Hill lays on this feature and of
his purpose and desire to give continued prominence
and attention to it hereafter.
In the first place we find from the report that the
average rate received again declined and is now only
9'32 mills per ton per mile. There would Ve of course
nothing uncommon about a rate of less than a cent a
ton per mile here in the East, whore there are large
b2L
manufacturing interests and where the country is well
settled, but in the section traversed by the lines of the
Great Northern, where population is thin and manu
facturing industries few, such a rate is very low. As
recently as 1889 the Manitoba was able to obtain
D49 cents per ton per mile. The decline since then
shows the benefits already accorded to the public, and
we may add that passenger rates have in like man
ner declined.
But Mr. Hill is not ready to stop there. He has put
his property in condition to move freight at a steadily
lowering cost, and he recognizes that the public will
demand participation in the resulting saving. So he
has already made provision for a further reduction
and plainly intimates that he is prepared to
take additional steps in the same direction in the
future as circumstances may warrant. Indeed, all
through the report Mr. Hill’s belief in steadily de
clining rates hereafter is apparent, as also is his
confidence that come what may in this regard, the
Great Northern, better than any other system, will be
able to cope with the situation. Referring to the line
just built between Fosston, Minu., and Duluth, to
furnish a more direct route to the latter p oint, he says
that on account of the decrease in distance effected in
this way between the wheat fields and the head of the
lakes, heavy reductions have been made since the
close of the year in wheat rates, so that a still lower
average per ton mile for the current year is certain.
He estimates that this reduction in wheat rates will
amount to a concession of a million dollars to the pro
ducers on the tonnage of the year. There a'e further
references to the subject of rates, in the same vein, in
other parts of the report.
It is needless to say that to Mr. Hill alone belongs
the credit of having made it possible to give to the
new communities served by his system needed trans
portation facilities at such low and steadily declining
rates, for he has from the first looked with the closest
care after the operating details, and studied how to
reduce the cost of moving traffic so as to ensure a
constantly diminishing minimum per unit of work.
Nor need any one be told that the system is dis
tinctively his work and creation, that it owes its exist
ence as well as its success to his genius and his
efforts. Indeed in this respect his identification with
the property has been much like that of those master
spirits who created and organized the great Eastern
trunk lines—Commodore Vanderbilt in the New York
Central, John W. Garrett in the Baltimore & Ohio,
and J. Edgar Thomson and Thomas A. Scott in the
Pennsylvania. These were all men of rare talent and
ability in the railroad world, and Mr. Hill in the
organization and development of the Manitoba and
Great Northern has shown that he is possessed of
qualifications of the same order.
We dwell thus upon Mr. Hill’s part in the under
taking because it is impossible to understand the mar
velous results produced without taking into considera
tion the method through which they have been reached
and the characteristics [of the man who devised them
and carried them out. Mr. Hill’s ability as a financier
has been as conspicuous as his talent as a railroad
manager—a rather unusual combination of qualities.
He has skilfully avoided making special stock divi
dends of large amount—the method formerly in vogue
for increasing capitalization, and which excited so
much adverse criticism. And yet the proprietors have
been given many large extra returns in addition to
8 {2
THE CHRONICLE.
[ V o l .L X V II.
the payments they have received in cash in the shape j of only #4,255 per mile. The $25,000,000 of Great
of dividends. When the Great Northern Company was Northern stock on the same basis of mileage averages
/armed, only a little over eight years ago, the Manitoba $5,318 per mile. Accordingly the capitalization^ stock
shareholders were allowed to take its $20,000,000 stock and bonds is represented by $24,943 plus $4,255 plus
at 50, the other 50 per cent boing paid by a transfer $5,318, giving $34,516 per mile. The $15,000,000 of
of securities held in the Minitoba treasury. In 1893, new stock now to be issued (in excess of the securities
$ 5 , u o o , 0 o 0 additional Great Northern slock was issued, to bo taken up) would increase this by $3,191.
r using the total to $25,0 0 0 , 0 0 0 . This $ 5 , 0 0 0 , 0 0 0 was
As to the growing 'prosperity attending the opera
paid for at par, hut as the stock had by this time ad tion of the road, the late year’s results furnish per
vanced to 125(0 130, the privilege was a valuable one. haps the best illustration we have yet had of the
The more recent operations are familiar to our readers. property’s phenomenal record in this respect. The
In June of the present year the company announced income account shows dividends of $1,500,000 paid
its purpose to increase the stock from $25,000,000 to (6 per cent) on Great Northern stock and a surplus
$50,000,000. The additional stock was issued at par, remaining on the operations of the twelve months of
but only payment of 80 per cent ($15,000,000) was re $2,071,768. Obviously, therefore, tlie company could
quired in cash; the other 40 per cent ($10,000,000) have paid S per cent more on the stock, making 14
was paid in stock of the Seattle & Montana, which per cent altogether, and yet have had a small balance
had previously been ordered distributed to the Great left over. But we figure that the proprietary lines,
Northern shareholders. The company in effect steamship companies, &c., netted a surplus of $500,000
bought this Seattle & Montana stock back from the to $600,000 above the amounts received by the Great
Great Northern stockholders, paying 80 cents on the Northern from them in the shape of dividends. If we
dollar for it; $ 1 2 , 5 0 0 , 0 0 0 of Seattle & Montana stock are correct in this calculation, we have here the equiva
was to be distributed, and the company took it at lent of two per cent more on tho stock. Finally, the
#10,000,000 in exchange for its own stock.
surplus of $3,071,768 shown by the income ac
The new Great Northern stock hence cost the Great counts, it is proper to say, remained after
Northern shareholders only GO; it was selling in the a contribution of $1,500,000 to the Fund for
market at the time iu the vicinity of 180. Even now, Permanent Improvements and Renewals and #750,with the stock at $51,000,000, instead of at the previous 000 mor.- for the construction of the Cascade
*25,000,009, the price is 136. It remains to be said Tunnel, making $2,250,000 together.
In other
that with tho 60 per cent cash payment received, words the company has devoted or proposes to
amounting to #15,000,000, the company retired its devote a sum equal to 9 per cent on the stock to
$ !5,000,000 4 per cent collateral trust bonds, effecting strengthening and improving the property. Mr. Hill
a saving of $600,000 per year in its fixed charges. takes pains to emphasize that this money need not
Now a further increase to #75,000,000 is in contem have been appropriated in this way except as a matter
plation. The additional #25,000,000, however, will of wise policy—that independent of these outlays and
go entirely to take np the $20,000,000 of Manitoba appropriations the property lias been kept in the
stock outstanding, and thus provide for the consolida highest state of efficiency; that only such amounts as
tion of the two companies. The exchange, it will he were paid for actual additions to the property were
seen, will be on the basis of $125 of Great Northern charged to “ Additions and Improvements';” that
stock for $100 of Manitoba stock. The Manitoba replacements and renewals were charged to operating
stock now gets C per cent in guaranteed dividends, expenses. The company does not carry the cost of
end hence the result of the exchange will he to re the “ Additions and Improvements ” as an assfet on its
duce the rental charges of the Great Northern in the books, but the item is separately entered on both sides
sum of $1,200,000 per year. Summing up, therefore, of the balance sheet, making its true character ap
we find that of the $50,000,000 additional stock repre parent, and leaving it as a basis for future capitaliza
sented by the increase from $25,000,000 to $75,000,000, tion if so desired.
$15,00(1,000 will go to displace that amount of exist
It will be asked how such favorable results are possi
ing securities (stock and bonds) and work a reduction ble? Tw'omaincausesmaybeassigned—Mr. Hill’s mar
in annual fixed charges of $1,800,000. This latter is velous methods of management and the evident good
an important fact which should not be lost sight of.
judgment he lias shown in the extension of the mileage
The most noteworthy feature in connection with the of the system by providing new road largely profitable in
a (fairs of the road is that with all these additions to itself aside from its value jn strengthening the position
capitalization the road retains the distinction of a of the system as a whole. On this last point we may
small capitalization per mile, and moreover with refer for illustration to the building of the direct
each succeeding year its capacity for making money line to Duluth just completed. Any one can see from
and earning dividends seems to expand. The com a glance at the map that for the purposes of through
pany began by paying 4 per cent dividends, then in. traffic this furnishes a very desirable piece of road.
creased to 5 per cent, then to 0 per cent, and now But from the report we also learn that besides materi
since the stock has been raised to $50,000,000 there ally shortening the through route, it will develop a
has been an increase to 7 per cent. A statement is large local business. It is pointed out that tho road
given in the report showing that the bonded debt out runs through the largest body of standing pine east of
standing on the entire system per mile of main track the Rocky Mountains, that as a consequence a heavy
■s less than $25,000 per mile—In exact figures $21,943. lumber traffic may be expected; furthermore that it
The stock of the Manitoba is reported $5,175 per traverses a portion of the iron ore region of Min
mile, but this is based on the 3,861 miles of Manitoba nesota, and that a considerable ore traffic is already
road alone; as the stock of none of the other roads being bandied.
is in the hands of the public, it would be proper to
In the matter of economy in operations the Great
make the calculation on the basis of the mileage of Nort hern 's exhibits are each year becoming more note
the whole system—say 4,700 miles—giving an average worthy; and never was this characteristic more strik
October
22, <898.
THE CHRONICLE.
ingly revealed than in the business of the late year. previous year, notwithstanding the decrease in the
No less than $3,141,484 was added to the gross earn average rate received—that is, the trains earned $2 38
ings of the twelve months with an addition of only against $2 13. The net earnings were $1 24 against
$152,834 to the expenses. In other words, practically only $0 96, an improvement of almost 30 per cent.
the whole of the gain in gross counted as a gain in This and the fact that renewal expenditures on road
the net. Obviously the improvement in the gross did and track have been lessened through the improve
not follow from a rise in rates, for we have already ment wrought in the condition of the property by the
seen that the average further declined, bringing it heavy outlays of the past, will explain the wonderful
down to only 9*32 mills per ton mile. The improve operating results that have been achieved. The bene
ment was due entirely to an increase in the volume fits, we have seen, accrue not alone to the stockholders,
of tonnage transported, and this enlarged amount but to the public as well in lower charges and re
of traffic the road was able to move with but a slight duced rates.
addition to expenses. The revenue tonnage of the
system was increased 617,700 tons (of which only
145,700 tons was in wheat), or 8£ per cent, and the
In the late fiscal year ending June 30 1898 the
tonnage movement one mile was increased nearly 17
per cent. And yet the freight train mileage was in Burlington & Quincy had an opportunity to show
what it could do under favoring conditions. Previously
creased less than two per cent.
Here, then, we see the policy of securing economy for several years it had encountered poor results.
in operations by adding to the train-load carried a This experience, indeed, had been so prolonged that
step further in advance. The C hroxicle was the many were inclined to fear that the career of pros
first to direct attention, several years ago, to the no perity which the property had enjoyed throughout its
table distinction attained by the Great Northern in history was about to be interrupted. These gloomy
this particular. Since then others have awakened to views were not shared by careful students of American
a realization of the same fact, and latterly it has be railroad history. The trained observer knew that the
come quite the fashion in reviewing the report of a property possessed tremendous earning capacity, and
railroad company to make this the sole test and cri that, given the required conditions, this characteristic
terion of the efficiency of a road’s operations. In would quickly manifest itself.
deed this has been done to such a nauseating extent
Those whose faith in the property was strongest
—writers who know least about the subject prating also placed great reliance upon the character and ex
most about it—that one is almost tempted to avoid cellence of the management. The shares have always
reference to the matter even in such an exceptional been largely held in the East and the directorate has
case as the present, so as to guard against further as a consequence comprised a very extensive represen
meaningless comparisons on the part of the ignorant tation of New England men. The Board includes
and the superficial. The attentive reader of these the names of some of the most influential and best
columns need not be told that the average train-load known men in that part of the country. Mr. JohnM.
is affected by a variety of circumstances—by the char Forbes, who died last week, belonged to that class. And
acter of the tonnage, the conditions under which it is as showing the conscientious attention to duty which
moved, the r lative proportions moved in opposite these men manifest, we may note that according to the
directions, the extent of the branch lines, &c., &c. Boston papers Mr. Forbes presided over the last divi
Comparisons between one road and another are worth dend meeting of the Board, though he was ill at the
less unless these considerations are all taken into ac time and had to be supported to the chair by two of
count. In the Great Northern case, howevei’, certain his fellow-directors.
general comparisons are permissible.
The Quincy’s strong point has always been that it
We find that the company’s record, noteworthy be passes through some of the best agricultural districts
fore, has become still more noteworthy. Over 35 tons in the West, and that its hold on the tonnage of these
(or 12£ per cent) was added to the average lading of districts has been secured through the creation of an
its trains in the late year, raising the average to 316 extensive system of branches completely gridir'oning
tons. We had occasion recently to note the great the favored sections. The road has long held the dis
progress made by the Northern Pacific in this particu tinction of being the largest corn-carrying system in
lar, but that company’s average for 1897-8, even the country. As it happened, though, until this last
after the really striking advance made during the last year the crops were poor or indifferent for several suc
two years, still falls behind that of the Great Northern, cessive seasons. At the same time grain prices were
being only 265 tons. We will permit ourselves only low, pinching the farmers, while the general prostra
one other comparison. At 316 tons the Great North tion of trade all over the United States added still
ern’s train load comes within five tons of that of the another depressing influence.
Lake Shore, which has an enormous through traffic, tra
Thus it was that year after year, beginning with
verses an older part of the country, and has a mileage 1894, the company showed a deficiency below the
■made up largely of main track line. It may be a sur amount needed to pay dividends. These deficits were
prise to hear that the saving in expenses effected repeated so persistently, that many, as already said,
through the increase in train-load amounted on the were apprehensive lest the condition should become
business of the late year to over a million dollars. chronic. Fortunately all this wa3 changed in the late
The statement can be easily verified by calculating year. The crops were among the largest ever har
how many more trains it would have been necessary vested. A crop shortage abroad, too, created an ur
to run if the average load had been no heavier thau gency of demand, giving the farmers unusually good
that for 1896-7, which was already regarded as excep prices for their products. As the reader knows, the
tional.
shortage was especially pronounced in wheat, but the
Because of this increase in train-load the company’s demand extended to all kinds of grain, and in partic
trains earnod 25 cents more per train mile than in the ular to corn. Lastly, business revival in the country at
CHICAGO BURLINGTON & QUINCY
REPORT.
821
THE CHRONICLE.
[V O L.
LX VII.
large insured to the road an extension of the t raffic still leaving, however, a balance of #1,893,667. This
in merchandise and general freight.
latter fact is signicant, because since the close
In this we are simply rehearsing facts well known of the fiscal year dividends have been raised
to our readers, but it is necessary to recall them in to a 6 per-cent basis, and the extra I f per
order to account for the large growth in revenues and cent required for this purpose, beyond the
traffic, ami the wonderful change in the prospeots of 4f per cent paid in 1897 8, would take somewhat
the road,'which has occurred in the short period of less than the amount of this balance of #1,392,667.
twelve months. The fact that the road has such a In other words, on the basis of the results for 1897-8
large tonnage in corn makes it subject to wide fluctu the company can pay the 6 per cent rate, even after
ations in earnings from year to year, dependent upon making the contribution of a million dollars to the
whether the previous season’s yield of that cereal has renewal fund. It is also proper to say that these re
been abundant or deficient: but entirely apart from sults likewise allow for the usual heavy contributions
that circumstance the conditions in the late year were to the sinking funds, the company having in the late
year paid out for this purpose #778,613 directly from
such as to work a great improvement in earnings.
The company in 1897 changed the ending of its fiscal earnings, and these funds having received #1,344,382
year from December 31 to June 30, and the present is altogether during the twelve months.
really the first report we have had in a period of eighteen
months. This circumstance makes it difficult to ^ S t o u e t a v a s ^ o m u x e r c t a l g i i g l i s R p e x t r s
institute comparisons with corresponding periods of
[From onr own correspondent. 1
other years. The deficiency, however, is supplied by
London, S a tu r d a y , O c to b e r 8, 1898.
the report as far at least as the year immediately
T h e effe c t o f th e B a n k ’s e ffo rts d u r i n g r e c e n t w e e k s to g e t
preceding is concerned. The report furnishes the c o n tro l o f th e L o n d o n m o n e y m a r k e t h a s b e e n n e u tr a li z e d
th is w e e k b y so m e fo re se e n a n d o th e r u n fo re s e e n c i r c u m
figures for the twelve months ending June 30 1897 sta n c e s. T h e p a y m e n t oE th e B a n k d iv id e n d a n d t h e q u a r
as well as for the twelve months to June 30 1898, and te rly in te r e s t o n t h e fu n d s w o u ld , i t is w J l k n o w n , p la c e , fo r
e a t a n y r a te , a s u p e r a b u n d a n t s u p p ly o f lo a u a b le c a p
that comparison brings out in sharp relief the change iat atim
l in th e h a n d s o f th e m a r k e t, a n d w o u ld th u s n u ll if y th e
which has occurred. In brief, the road added over effo rts o f th e B a n k d ire c to rs . A g a in s t th is effe c t, h o w e v e r, a
a n d fo r g o ld o n S c o tc h a c c o u n t h a s c o m e u p o n
million dollars to its gross earnings, or in ex htheea vLyo nd de m
o n m a r k e t n e a rly th r e e w e ik s e a r l ie r t h a n i t w a s
cess of 20 per cent. The general nature of the improve g e n e ra lly e x p e c te d , a n d th e r e fo re th e d iv id e n d p a y m e n ts
h a v e n o t c a u se d t h e s u p e r a b u n d a n c e t h a t w a s su p p o s e d
ment, too, appears when we observe that not far from lik
e ly . C o n se q u e n tly , a lth o u g h ra te s a re lo w e r th a n a w eek
a million dollars of the gain was furnished by the pas ago, th e r e h a s t e e n less fa ll th a n w a s lo o k e d fo r in so m e
rs .
senger department—in exact figures, §926,776. This q uOa rte
w in g to th e a b se n c e o f s p e c u la tiv e a c ti v it y i n th e s to c k
feature arrests attention, because in the case of so m a rk e ts , th e s h o r t lo a n m a r k e t is s u p e r a b u n d a n tly s u p p lie d
lo an abb- c a p ita l, a n d d a y to d a y m o n e y c a n re a d ily be
many other roads there has been a complete absence of owbith
ta in e d a t a l i t t l e o v e r
p e r c e n t, "w hile th e d is c o u n t r a t e
recovery in the passenger business. We note another fo r th r e e m o n th s ’ b ills is a n y th in g fr o m 2% to a s h ig h a s 2%
r c e n t, a n d e v e n lo n g -d a te d p a p e r is w e ll b elo w th e officia l
unusual, we might almost say unique, feature. There pmein
im u m c h a rg e d b y th e B a n k o f E n g la n d . T h e d ir e c to r s
was actually a small rise in the average rate received. a t th e ir m e e tin g on T h u rs d a y m a d e n o c h a n g e in t h e i r r a te ,
w h ic h c o n s e q u e n tly re m a in s a t 3 p e r c e n t." O w in g to th e
The rate was low in both years, but for 1897-8 was cau
ses w h ic h I h a v e e x p la in e d , v e ry l i t t l e o f th e le n d in g a n d
9TO mills per ton per mile, against only 8*67 mills in d is c o u n t b u sin e ss n o w g oes to th e B a n k , a n d i f i t is to re g a in
1896-7. Such increase in face of general rate demor th e c o n tro l of th e m a r k e t, w h ic h it h a d V ery n e a r ly o b ta in e d
a w eek a g o , i t w ill r e q u ire a g a in to b o rro w u p o n a v e r y e x
alization can only be explained on the theory that a te n siv e scale.
large part of the expansion in traffic came from the T h e B a n k r e t u r n sh o w s a d e c re a s e o f o v e r tw o m illio n s
s te rlin g in th e re s e rv e a n d th e p ro p o r tio n of th e re s e rv e to
local branches, on which rates range higher than on the th e lia b ilitie s h a s fa lle n to 44*4' p e r c e n t, b e in g a d ro p d u r
competitive lines, thus pulling up the general average in g th e w e e k o f o v e r 8 p e r ceD t. T h is d e c lin e , h o w e v e r,
b e in g d u e to in t e r n a l m o v e m e n ts a n d n o t to e x p o rt o f g o ld
a little.
u p o n fo re ig n a c c o u n t is n o t r e g a r d e d as a se rio u s f a c t o r in
After years of enforced economy this splendid th e o u tlo o k . F o r th e m o m e n t th e g e n e ra l fe e lin g in th e
m o n ey m a r k e t is t h a t s h ip m e n ts to y o u r s id e h a v e e n d e d fo r
addition of
million dollars to gross revenues al th e p re s e n t. B u t th e B a n k d ire c to rs , a n d h e a d s o f th e g r e a t
lowed the management to pursue a liberal policy again fin a n c ia l ho u ses, a n d th o s e re s p o n sib le f o r m a i n ta i n in g a n
a d e q u a te re s e rv e to m e e t p o ssib le c a lls u p o n th e m in th e
in the matter of disbursements, and we find there was an e a rly fu tu r e , c a n n o t a ffo rd to o v e rlo o k th e f a c t t h a t v e ry
addition to the operating expenses in the large sum of la rg e su m s m a y b e ta k e n fro m L o n d o n o n y o u r a c c o u n t
w h e n e v e r y o u r b a n k e rs o r fin a n c ia l h o u se s m a y see fit to
#5,149,117. But even after this augmentation in do so.
N o g o ld h a s b e e n w ith d r a w n fro m th e B a n k th i s w e e k f o r
expenses there was an improvement in the net in the
th e U n ite d S ta te s , b u t s m a ll p a rc e ls in th e o p e n m ar- en h a v e
sum of #2,124,859. The effect on the company's b een u n d o u b te d ly b o u g h t u p fo r s h ip m e n t to N e w Y o rk , a n d
general income account has naturally been marked. th e r e is in a d d itio n som e d e m a n d f o r th e C o n tin e n t, a lth o u g h
is n o t lik e ly to p ro v e o f v e ry g r e a t m a g n itu d e .
In the calendar years 1895, 1896 and 1897 there was th is
Business on th e S to c k E x c h a n g e th i s w e e k h a s been, if
each time a larger or smaller deficit, as already stated; possible, d u lle r th a n b efo re. T h e r e c e n t e ffo rts o f th e p r o ■
e le m e n t in th e v a rio u s m a r k e ts to p u t u p p ric e s a n d
for 1897-8 there is a large surplus. The dividend afessional
t t r a c t th e a tte n tio n o f th e p u b lic h a v e been d is c o n tin u e d ,
rate was raised from 4 per cent to 5 per cent during th e g e n e ra l fe e lin g b e in g t h a t in th e p re s e n t p o litic a l o u tlo o k
t to in d u c e th e p u b lic to e n g a g e in S to c k
the twelve months, but only If per cent was paid out itE xisc hvaaning etospa ettceumlaptio
n
T h e re is, o t c o u rs e , a t a ll tim e s a
of the year’s earnings. After allowing for the amount c e rta in a m o u n t of in v e s tm e n t b u sin e ss g o in g on ; h u t c o n s id
g th e seaso n of th e y e a r a n d th e a m o u n t o f m o n e y t h a t
required for this 41 per cent and providing for all eh rin
a s been re c e iv e d b y th e in v e s tin g classes in th e fo r m o f
the charges, there was left a balance of #2,392,- d iv id e n d s, in l e r e s t on lo a n e d m o n e y a n d s a v in g s fro m s i la r i e s ,
a t n o t, e v en th is b u sin e ss is r e m a r k a b l y sm a ll.
667, equal to nearly three per cent more on the out a nTd hwe htra
ffic s o f o u r h o m e r a ilw a y s c o n tin u e to re c o rd v e ry
standing stock.
la rg e m e re a n s. B a t th e r e s u lt of th e la s t h a lf -y e a r’s w o r k
to sh o w t h a t th e g r o w th in re c e ip ts w a s to a la r g e
This plenitude afforded the managers the opportun einxgtewn te na bt so
lv e d b y a c o rre s p o n d in g g r o w th in e x p e n d itu re
ity for the first time in a long while to resume the a n d c o n se q u e n tly th e s e in c re a s e s , 'r e m a r k a b le th o u g h th e y
l i tt le effect u p o n th e m a rk e t,
practice which was formerly a feature of its opera- a reT, hhe a vree coeuntt v ea ry
c tiv ity in A m e ric a n R a ils , as f a r as th i s
t ions, of setting aside a certain sum out of revenues m a r k e t is c o n c e rn e d , d id n o t e x te n d b e y o n d th e p u re ly p ro for improvements. From the surplus of #2,392,667 feesh n a l e le m e n t, th e o u ts id e p u b lic ta k i n g v e ry l i t t l e p a r t
In th e m o v e m e n t. S tr e n u o u s e ffo rts h a v e a ls o b e e n m a d e b y
a million dollars has been carried to the Renewal Fund, th e g r e a t m in in g m a g n a te s , b o th b y th o s e in te re s te d in S o u th
1HE CHRONICLE
O ctober 22, 1828, J
82 5
FOREIGN IM PORTS AT NEW T O R E
A fric a a n d W e s te rn A u s tr a lia , to a t t r a c t p u b lic i n t e r e s t to
th e s e m a r k e ts , b u t w ith o u t su ccess. T h e h e a v y lo sses w h ic h
F o r w eek.
re s u lte d on th e b r e a k d o w n o f th e m in in g b o o m a t th e e n d of
1895 a n d th e p o litic a l u n c e r ta in ity w h ic h is s till f e l t r e g a r d try
in g th e o u tlo o k in S o u th A fric a a p p a r e n tly m i li ta t e a g a in s t
a n v re c o v e ry in t h a t m a rk e t.
C o p p er s h a re s , h o w e v e r, h a v e b e e n a n e x c e p tio n , a n d th e r e
Jan.
h a s b e e n a la r g e b u sin e ss in A n a c o n d a s, R io T in to e s, a n d th e
s h a re s of o th e r c o p p e r m in in g c o m p a n ie s. T his, of c o u rs e ,
is la r g e ly d u e to th e s tro n g d e m a n d fo r c o p p e r fo r s h ip b u ild
in g a n d o th e r p u rp o se s.
T h e fo llo w in g is a s t a te m e n t o f th e e x p o rts (e x c lu siv e of
T tie s ilv e r m a r k e t h a s b een w e a k e r, w ith a firm e r to n e th e
la s t d a y o r tw o , th e p ric e c lo sin g y e s te rd a y a t 28d. T h e re s ;ecie) fro m th e p o r t o f N ew Y o rk to fo r e ig n p o r t s fo r t h e
>eek
e n d in g O ct. 17 a n d fr o m J a n u a r y 1 to d a te :
h a v e b e e n som e sa le s fro m y o u r sid e, w h ile th e d e m a n d b o th
EXPORTS FROM N EW FO R K FOR TH E W EEK.
fro m th e C o n tin e n t a n d fro m th e E a s t h a s g re a tly fa lle n off.
T h e In d ia C o u n c il o n W e d n e sd a y w e re a s su c c e s sfu l a s e v e r
in th e d isp o sal of th e i r w e e k ly a llo tm e n t of C o u n c il d ra f ts .
F o r th e 40 la - s offered, th e to t a l a p p lic a tio n s e x c e e d e d 262
la c s a t p ric e s ra n g in g fro m Is. 3 29 321. to Is 4d. p e r ru p e e .
T h e to ta l sa le s re a liz e d fo r th e fiscal y e a r fro m A p r il 1 e x ceed
8J4 m illio n s s te rlin g , c o m p a re d w ith o n ly 4 m illio n s a t th e
c o rre sp o n d in g d a te 12 m o n th s a g o . T h e C o u n c il w ill offer
T h e fo llo w in g ta b le s h o w s th e e x p o rts a n d im p o r t s o *
40 lac3 a g a in n e x t w eek fo r t e n d e r ; w h ile a t th is tim e la s t
pecie a t th e p o rt o f N e w Y o rk fo r th e w e e k e n d in g O ct. 15
y e a r th e y w ere u n a b le to m a k e a n y a llo tm e n ts .
a n d sin c e J a n u a r y 1, 1898, a n d fo r th e c o rre s p o n d in g p e rio d s
The fo llo w in g r e t u r n sh o w s th e p o s itio n o f th e B a n k of
a 1897 a n d 1896.
E n g la n d , th e B a n k r a t e o f d is c o u n t, t h e p ric e o f c o n so ls
EXPORTS AND IM PORTS OF SPEC IE AT NEW Y O RK .
& c., c o m p a re d w ith t h e l a s t th r e e y e a rs :
E xport*.
Im p o r ts .
1898.
1897.
1896.
1895.
$1,389,213 $1,477,473 $2,663,23b
goods....... $1,703,0-9
■ en’l mer’dlse 7,246,447 7,051,281 4,671,262 7,858,970
Total ......1. $8,949,536' $3,440,494 $6,148,735 $10,322,200
Since
$74,394,924 $103 434,009 $89,606,247 $118,217,34 4
)ry goods...... 263,017,167
291,454,307 265,010.519 293,770,57 8
ten’T mer’dlse
total 41 weeks $337,442,091 $394,938,316 $354,616,766 $411,9^7,922
1898.
1897.
1896.
1895.
$10,12 4,415 $8,630,510 $3,596,445 $9,332,884
or
the
week.,
292,727,599 258,256,154
rev. reported 367,322,385 316,826,419
.
otal 41 weeks $377,446,800 1325,456,929 $301,324,044 $267,639,038
0.
28.413,230
Circulation
...........................
8,798,507
Public
deposits ......................
40.570,024
Other deposits........................
Government
securities...........
15.758,*20
29.837.3
75
Other
securities
....................
21,542.828
Reserve
of
notes
and
coin......
33,19H.103
Coin
&
bullion,
both
<
1
epartin’ta
4329-10
Prop,
to liabilities.p.ct. T*
*
Bank reserve
rate................percent.
109
13-10
Consols,
2H per cent.............
111%
25%'
l
S ilv e r ...................... ..................... 27 18-i6d.
180,247,000
197,542,000
Clearing House returns ........
£5
28.1*0.105
8.175.584
37,729,530
14.241/40
29.033,901
20.386.537
81.740,942
1397.
lSQf*.
0 : t.
Oct.
£
1.895.
G old.
£
20,70
>,935
5.32*,980
50.295,171
10.521.473
25.119.989
Vest Indies...........
31,703.700
41.720.011
672
J1 other oountrlee.
107*4
31%d.
Total 1898........
140,618.000
Total 1897........
Total 1896........
p r o d u ^ in to
Oct890£.7
28.109/50
0.807.270
43,572.55*
10.939.198
23.137,480
28,144.093
39,613,413
50%
3
109%
30a.
152.717.000
Oct. 9.
The fo llo w in g s h o w s t h e im p o rts of c e r e a l
th e U n ite d K in g d o m d u r i n g th e firs t five w e e k s of th e n e w
seaso n c o m p a re d w ith p re v io u s se a s o n s:
IMPORTS.
Imports
ofwheat,cwt.
Barley.........................
O a ts ............................
Paas............................
Beans.........................
Indian
corn................
F.oar..........................
1898.
5,345,200
2,644.000
1,507,270
200,280
225,650
5,166,100
1,809,430
1897.
4.720,100
2,194,215
1,708,070
325,630
390.550
5,529,700
1,438,300
1896.
5,700,630
1,841,920
1,640,650
292,195
218,750
6,865.200
2,018,830
1895
2,886,160
1,471,740
245,710
457,670
4,252,100
1,858,720
8 .4 4 0 ,7 0 0
S u p p lie s a v a ila b le fo r c o n s u m p tio n (e x c lu s iv e o f s to c k s on
S e p te m b e r 1):
1898.
Wheat Imported, cwt. 5.345,200
Import* of floor........ 1,809,430
rale* of home-grown. 2,783,400
Total.................. 9,933.030
1898.91
Aver. prioewheat.we >k.2Sa.
1897.
1896.
1895
4,720,100
8 ,4 4 0 ,7 0 0
5 ,7 0 0 ,6 3 0
1,858,720
1,438,300
2 ,0 9 8 ,i8 0
3.639,91) 2 ,9 0 9 ,5 6 4 1,828.670
9,793,310 10,703,071 1 1 ,9 2 3 ,4 9 0
1897.44 25s189624 23.1 3 9 564
33s.
33s. 61. 24s. 14. 23s. Od.
A v e ra g e p ric e , s e a s o n .2 6 « . 41.
E n p lih F in a n c ia l W. irtxet*—P er Cable.
T h e dally c lo sin g q u o ta tio n s f o r s e c u r itie s , e tc ., a t L o u d o n
a re reported b y c a b le a s fo llo w s f o r th e w e e k e n d in g O ct. 21 :
L ondon
S ilv e r, p e r ood 3a . . . . d.
C onsols., n e w , 2*4 p .o ta.
F o r a c c o u n t .................
F r ’ jh r e n te s (1n P a rle ) fr.
S p a n is h 4 s .........................
A ,ch. T o p . A S a n ta F e .
Do
do
p re f.
C a n a d ia n P a c ific . ........
C e n tra l P a c ific .................
Jh esap eak ft A O h io ........
C hic. Mil. & 8 t. P a u l__
■>env. A R io G r., p r e f ..
E le, c o m m o n ........ . . .
1 s t p r e f e r r e d ...............
Illin o is C e n t r a l____ ...
u a k e S h o re .......................
L o u isv ille & N a s h v ille .
M ex ican C e n tra l, 4 s ..
Wo K a n . A T e x ., c o m ..
N Y. C e n t’l & H u flso n .
ST Y. O n ta rio A W est’n
N >rfolk A W ee t’n, p re f.
N o rth e rn P a c lflo , c o m ..
P r e f e r re d .......................
P e n n s y lv a n ia ................
• h lla . A R e a d .................
* Phil. & R ead ., 1 s t p re f.
* ? h il. A R ea d ., 2 d p r e f .
S o n th ’n R a ilw a y , o o m .
P r e f e r r e d ........... ............
U n io n P a c ific ....... ............
Do
new p re f..
W ab a sh , p r e f e r r e d . . .
Sat.
M on.
T u e t.
Wed.
2741, *
109V
1 0 9 7 ,.
021212
42 >8
127*
348j
85=s
263s
22
110=8
55%
13*-j
34%
112
198
56*4
27 l,*
109 U
109 ha
1 0 2 25
427,8
13
34 ha
8o=s
26%
22
110=8
55%
13^9
34\
112
198
56ha
2 7 I l le
1095,8
109 V
10220
42> «
I3ha
34^
85%
26%
22*4
111*8
55 \
13
34hj
112
198
56%
2714,8
109% .
1095,8
10200
42=8
13
34*2
8 1=8
25=8
22
11030
55%
13
34*8
111 :U
198
56
2711,6 27 3*
108*11. 103%
1 0 8 7e 1 0-1516
101-S.0 01-77*2
4113,8
42%
123i
13
34=8
34*4
M330
82=8
243*
2S38
21*2
71%
11030 110%
55
54%
127e
l ‘2 7a
33%
33%
11034 111
198
56
55*2
11
118%
15is
51
41%
78
6038
8 ’.
20\
40%
11
119
15ha
51%
41=8
77%
60 ha
8=8
20 >2
10h3
9
34=8
33=8
67*4
21*4
11
119
15=8
51=8
41=8
78
60ha
8=8
20%
9=8
9
35%
11
113%
15*4
51*4
41
77%
60*4
8%
20*8
9=8
8%
34*2
11
118%
15%
50*4
40%
76%
60*3
830
20
9=8
67%
21*4
66%
20 =a
8%
34*<j
3 3 ha
67*0
21*4
3 3%
33%
Ih u r t.
34%
323*
65%
20*4
fr
10%
118%
15%
50
40\
77*4
6 0%
8%
20*0
9%
8%
34%
32%
66 *2
20
W eek.
S in c e J a n . l .
...........
$200
8,000
...........| ............
$3,200 8,28 ),708
2,500
...........1 105,757
........... I 20,292
$3,200! 29,709,922
$8,417,457
...........
20,000 50,976.282
E x p o r ts .
S ilv e r.
W eek.
W eek.
S in c e J a n . l .
$1,091,771 $43,690,735
1<>0,167
16,070,661
537,743 27,010,238
5,Oil 2,686,07391,656
224,222 690,599
7,379 559,200
$1,966,308
1,762,966 $90,799,162
8,452,8601,735,911 64,084,568
Im p o r ts .
S in c e J a n . l .
reat Britain.......... $1,050,781 $35,391,126
778,350
lermany................
2,010
Vest Indies.............
478,805
14,159
{exloo...................
’'■ i'lOO 196,814
oath America.......
8,185
700
VU other countries
Total 1898........ $1,055,581
$36,870,049
953,048 37,027.981
Total 1897........
Total
1896........ 1.136,455 42,230,724
| S in c e J a n . 1.
$11,047 $27,991
24,132
...........
4,010
1,101
281,235
30,102; 934,096
3,0064 643,507
2,45
72,818
$47,710
$1,987,789
54,913 2,308,810
104,817 2,446,942
W eek.
B r e a d s tu ff* F ig u r e s B r o u g h t F r o m P a g e 8 6 0 .—Th®
s t a te m e n ts b elo w a r e p re p a r e d b y u s fr o m th e fig u re s c o l '
leeted b y th e New Y o rk P ro d u c e E x o h a n g e . T h e re o e ip ts a t
V e s te m la k e a n d riv e r p o r ts fo r th e w e e k e n d in g O ct. 15, a n d
u n ce A u g , 1, fo r e a c h o f t h e la s t th r e e y e a rs , h a v e b e e n a a
follow sleccipts a t—
Flour.
W heat.
C om .
Oata.
Barley.
__ i v___
Bu.60 Iba.
805,205 139,10 0
020,000 63,010
205,228 69,383
.......
15,080
13,720 17,771
.......
133.750 8.100
120,000 3,000
1,962,909 310,031
1,090,9)5 321,1*8
2,350,804 355,721
10,099,925 3,130,441
9,540,841 3,811,443
8,512.301 2,334.85 0
B b la .m ib s Buah.QQlbs Bush.bQlbs B uah.‘32U)8 B u sh A S lb s
.hicago....... 85,020 1,370,110 3,820,000
Milwaukee . 07,050 510,900 80,000
)uluth ....... 115,075 3,490,294
0,859
Minneapolis.
2,534 2,429,493 41,080
1,328 330,734 414,802
Detroit.......
4,150 157,805 23,877
Cleveland...
52,709 287,130
it. Lonls .... 30,340 870,093 402.725
*eoria........ 12,850 10,100 010,900
1,042,000 81,09)
Kansas City.
Tot.wk/98. 319,547 10,282,301 5,784,013
dame wk.’97. 320,988 7,843,22) 5,910,184
lame wk.’90. 379,179 7,344 833 5,709,340
Hnce lug. 1.
1898............ 8,523,788 75,890,013 47,985.004
1397............ 3,134,720 70,130.170 70,310,000
'.890............ 3,259,132 03,453,087 41.526,511
3,139,021
279,009
7,027
471,000
30,000
25.954
218,803
195,050
278,100
02,00)
4.707,214
4,927,088
7,177,042
40,510,901
54,810,083
49,582,991
T h e re o e ip ts o f flo u r a n d g r a i n a t th e se a b o a rd p o r ts fo r th e
veek e n d e d O ct. 15, 1898, fo llo w :
Rve,
Oata.
B a rley.
Blour,
Corn,
W a ea tt
Receipts a t—
bush.
bush.
bush.
bbls.
buah.
200.38
New
1
ork..........
812,400
220,225
1.939,100
724.025
5106Boston.................
213,573 587,880
108,594 5,000 9.010
84,000 227,007
Montreal..........
090,079
50,700
9,000 174,799
290,537 528,354
0$4,8'J9 253,183
Philadelphia.....
110.530
Baltimore..........
429,070
982
12.690
8,59
5,880
Richmond..........
New Orleans*.....
79,100 118,537 22,425
00,000
Newport
News__ .. 22,297 270,000
10,000 359,999
Jalveston..........
1,000
82,000 49.921
,33 2
3,129.050
1,05
«,5O0 241.425
Total
week__
3.720.755
181.084472,048 502
Veek 1897..........
3,400,901 3,530.351 1,721,280
*
Receipts
do
not
include
«raiu
passing
through
New
Orleans
for
foreign
ports on through bills of ladlutr
T o ta l re c e ip ts a t p o rts fro m J a n . 1 to O ct. 15 c o m p a re a s
follow
r fo u r y e a rs :
r*__v s ofo
.nns
*ono
1QflE
Receipts
j—
1896.
1890.
1897.
1899.
13,128,009
Flour ...............
8,378,408
20,220,345
31,007,295
Wheat...............
74.440,197 62,794,813
© a m m c r c t a l i * u a i ^ C t s c e l l a u e o u e ^ c t t J 5 , Corn
95.899.240 167,227,814
89,102,924
70,094,585
................
......bush.
“ 101.777,151
32,910.290
65.314,637
.........
.
70,061.007
Oats
“
70,980,501
1,848,340
6.935,892
9,000,051
Barley............... .. "*' 12,052,270
3,538.207 8,092.818
I mports and E xports for the W eek .—T h e fo llo w in g are Rye...................
383,271
4,155.840
th e im p o rts a t N ew Y o rk f o r th e w eek e n d in g fo r d r y „ o o d s
Total irraln.... •• 350,253,429 330,034.517 188,895,007 105,282,126
O c t. 18 a n d fo r th e w e e k e n d in g fo r g e n e ra l m e rc h a n d is e ,
* P r ic e p e r s h a re .
O c t. 14 a lso to ta ls
in J a n u a r y ,
si ice th e b e g in n in g o f th e firs t w eek
T h e e x p o rts fr o m th e s e v e r a l s e a b o a rd p o rts f o r th e w e e k
a n t i n g O ct. 15, 1898, a re s h o w n In th e a n n e x e d s t a t e m e n t :
THE CHRONICLE
820
Com
bush.
IV k m t*
M xp+ rU
■l e• vv ' TYork
o r k . . . .1.47*,$$$
B<Mtoo............
h p M p M
Fhlladalphia..
UaHJmur*
Hew Orlean*..
Norfolk
M«wp*rt Now*
Mootrooi
lifttVMtOC
OxorfMU»rt
......
Oaf*.
bu sh .
M
l
10 ft,0)29
400.9ft 1
61,18ft
101.064
44,086
ilt,004
244.ua
•ft 849
9MLWM
M , 0 l$
50.770
66.603
975.060
100,000
lfl.OM
V4.781
BM IT
• 0.000
S59.W9
•ouifto
*9.297
40,091
104,090
344.S44
TotM i w#*fc..t*HT6^67
1 *1*
b u sh .
ftft.309
P e a s.
ftucft.
06.189
H arley
bush.
60,038
111.499
04,285
W e o m i t tio o c i p h e r s C 0 0 ) i n a l l c a s e s .
00.003
banhk
(00* omitted.)
17.000
325.800
070.001
990.665 1.400,040
259,582
166.335
36.198
88.620
60,083
118,618
T h e d e s t in a t io n o f t h e s e e x p o r t s f o r t h e w e e k a n d s i n c e
S e p t e m b e r 1, 1 8 9 8 , la a s b e lo w .
F lo u r.-I Y h s a t . ------* --------- C o r n . --------- 5
W eek
S in c e S e p t.
W is h
S in e s S e v t.
ir#rk S in e t S e v t.
■ ■ ■ ■ • / «»
X,k 1808.
1WT,
Oct. 15. 1 ,1 8 9 8
O ct. 16.
1.
1,1809,
m * . e J S um Ort. 16.
V
b u sh .
b u sh .
B s p t. 1 fo —
Untied Klngdam 931,140 1 ^ 71,381 1,636.130 11.076,367 1.090,939 1,372,381
262.611
259.611 1,338,103
8,766.166 1.483,885
QoaiftOMli.. ---- ftft.OON
184.032
2.416
4,809
------8.740
184,099
8. AC. America. 21.909
166,894
17,476
166,304
Wotl India*........ 34,472
20.808
9.962
2 9 ,998
Bp. N. A m . Cola's
.j,
616
34.797
177,706
84,737
Total .. . .... 385.300 8,080.,453 2.876.667 20.913.028 2.595,703 2.039.453
Total 1807........... 890.666 1.618,,447 3,460.619 26.131,430 1,028,086 22,797.001
T h e r i s i b l e s u p p l y o f g r a i n , o o m p r l s l n g t h e s t o o k s in
g r a n a r y a t th e p r in c ip a l o in t s o f a o o u m u la tlo n a t la k e a n d
s e a b o a r d p o r t s , O c t. 1 5 , 1 198, w a s a s f o l l o w s
B a r le y
Corn,
W heat
O ats
H ie .
b u sh .
b u sh .
bu sh .
b u sh .
i r I n sto r e a t—
bush.
21.000
1.912,000
4*8,000
124,000
Mew York.................... 700,000
10,080
165,000
Do
aflaat............................
60,000
80,000
▲Ibaajr.........................
ise.ooA
1,886.000
700,0CC
1,103,000
Bfiflfclo.......................... 1,004.000
Do
afloat............................
11.065.600
1 023,000
19L00v
134,000
Chicago........................ 1,810,000
Do
afloat............................
180.066
8,000
Milwaukee...................
35,000
Do
afloat..........
..........
1,097,000
439,00b
~6JMK)0
M V t h .......................... 8,376,000
114400
Do
afloat............................
908,000
09.000
17,000
Toledo
...............
330,000
Do
afloat............................
140.666
ls.ixo
35,666
Detroit......................... 121,000
92,66o
Do
afloat............................
81.000
T v .o o o
Oewago......................... ............
162,000
15.000
d,00C
8 t L ouis...............
706,000
1,000
Do
afloat.................... ...
Cincinnati.......................... j . .......
' 35,000
2.000
"44,000
821,666
B oston..........................
85,000
11.000
5,000
T oronto.......................
21.000
9,000
28.666
471.000
12.000
Montreal...................... 146.000
20.000
338,00©
Philadelphia...
PM .000
114,000
721,000
230,000
„Peoria
...................................
1,000
2,000
12.000
19,000
Indianapolis.............
877,000
20,000
1,000
631.000
Kansas City................ 828.000
32,000
35,000
B altim ore................... 973.000
1,014,000
191.000
214,000
Mlnneapolla ............. 720,000
078,000
892.000
41,000
210,000
On Mississippi Hirer..................
1,954,000
On Lakes..................... 3,963.000
928.000
328.000
53H.000
On canal and rlrer. ..
66,000
1,016,000
291,000
202,0)0
25.040,000
Total Oat. 15. 1898.14.598.C00
0,080,000
1,308,000
2.750.00
Total Oct. 8. 1898 12.210,000
2V.VJ02.0C0
5,4HP.000
718.000
2,319,000
40.4P-.090 14,881,000
Total Met- 16. 1897 23.933.000
3.100.000
3.407,000
11,175,000 10 135,000
Total oct. 17, 1896.51 808,000
2.350,000
3.411.00U
0.479 000
Total Oct. 10- t**0* 4« 99 00*
4 3-O.000
879.000
8,701.00M
N e w V ork C ity C le a r in g H o u s e B a n k s .— S t a te m e n t o f
c o n d it io n f o r t h e w e e k e n d i n g O c t o b e r 1 5 , b a s e d o n a v e r a g e s
o f d a il y r e s n lt a .
W e o m it tw o c ip h e r s ( 0 0 ) i n a ll c a se s.
B a sil s .
O a p ita l B u r p f t
L o a n s.
S p e c ie .
l u k at Xaw Tork.. *2,000,0 $1,858.6 $12,970.0 $2,780,0
Manhattan Co......... 9.050.0 2.086.4 16,201.0 2.588.0
2 , 0 0 0 ,0 1,061,0 12.590.2 2.417.5
M archnnu'..
2 , 0 0 0 ,0 2,006,1
Meehan vee'..
9.620.0 1.903.0
1.500.0 2.612.5 18,616,8 3.142.1
A m erica....... .
243.4
1 ,0 0 0 ,0
Pfcaolx...........
4.283.0
862.0
1 , 0 0 0 ,0 4.322.8 71.086.3 26.446,6
O tt f................
300.0 6.096.4 24.432.0 6.821.9
C hem ical.......
176.1
600.0
Merc hen TV Kxch’ge
4.606.0 1,082,0
1,000.0 1.726.4
Oallatln.
7.445.7 1.116.7
121.2
300.0
Batcher*’A DroT*rs'
1,043,3
190.6
174.2
Mechanic*’A Trad’s’
400.0
1.884.0
245.0
Greenwich.................
172.0
1.015.1
tw o
102.7
482.6
600.0
Leather M anufnors
3.747.8
833,2
100.3
300.0
■erenth. .................
1.875.8
384.1
518.8
State of N ew York.. 1.200.0
3.674.0
497.7
American Exchange 6 ,0 0 0 ,0 2.610.6 25.090.0 4.660.0
3.602.0
5.000.
0
Q n n s r t i s ..............
26.145.0 1,813,3
1.627.8
1.000.
0
Bread w ar...............
6.851.6 1.702.0
1,000,0 1,013,6 11,032,6 3.710.2
M ercantile.............
470,2
422,7
Pacific.....................
2.540.2
673.2
1.500.0
834.1 16.508.8 4.325.0
BspobU o.................
460.0
5.091.3
988.6
..................
725.4
264.8
200.0
People’*....... ...........
1.848.3
279.1
554.5 30.376.2 2.080.0
North America—
700.0
1,000,0 2,240.2 36.760.0 8.037.9
B tB O fsr.................
368.0
500.0
3.562.0
Irrtnff....... ..............
ft 11,3
378.4
600.0
Otmeens*..................
2.470.8
030.7
266.6
600,0
Naaean....................
2.338.3
495.9
074.1
Market A Fulton.
5.756.0 1.173.7
000,0
154.0
Shoe A L eather...
1,000,0
3.430.3
724.2
1.260.8
Corn E xch ange...
1,000,0
0.
532.5
1.094.5
605.2
OonUnental............
5.004.0 1.281.3
1,000,0
403.0
300.0
O riental..................
100.4
1.056.7
Important’A Trad’re 1.500.0 5.615.1 24.005.0 5.200.0
P a r k ............................ 2.000,0 8,236.9 34.381.0 10,300,0
164.7
■net R lr e r ...............
1,22 5,9
250.0
285.7
Fourth. .................... 3.200,0 2,030,2 23.562.2 4.942.7
Central ..................... 1,000.01
510.0
0,080,0 3.113.0
300.0
721.1
6.083.0 1.168 0
Beoend. . . . . . . . .
287.6
760.0
2.908.0
741.2
N in th .........................
500.0 7.488.2 29.747.4 7,000.0
Rivet....... ..................
206.2
50.8
300.0
1.354.6
N . T .N sR l Kxch’ge
014.2
250.0
R e esr r — .................
2.903.0
578,1
450.3
N ew York C ounty..
060.8
200.0
5
Gorman Am erican..
760.0
1. *60.7
385.0
277.8
A m * .......................... 1*000,0 1,129.6 26.822.9 5.344
Fifth A ren a s..........
8.061.6 1.661.
100.0, 1,170.1
German Exchange.
575.9
2.241.9
2 0 0 .0
108.8
8.047.3
754.2
550.0
2 0 0 .0 !
Qarmsa ls ..................
L incoln.....................
0,933.4 1.1313.0
748.2
300.0
867.6
6.498.1 1.404 8
2 0 0 .0
Garfield .....................
826.3
417.8
2 0 0 .0
1.860.2
MUl.n
Bank of the M um p
$0 2 ,2
6.032.7 1.028.4
200.0
831.2
W est Hide.................
2.411.0
428.0
500.0
Ssaheard.................
384.2
8.060.0 1.332.0
349.3
•tttt
1.822.0
200.0
271.0
2.100.0
767.7 27.257.4 0.417.2
954.6
300.0
First Nat. B’k lyn ..
916.0
4.885.0
V s t Union B a n k ... 1.20O.0
948.6 12.652.0 2.008.0
835.9
500.0
3.469.4
678.5
1 . 0 0 0 .0
4.041.0
803.4
B O
•k -af >«' Amsterdam
250.0
2.813.7
8 ) 0 ,8
667.0
58,972,7 76,011,3 946,403.4 147*451; \
Fifth.......................
R e p o r t s o f N o n - M e m b e r B a n k s . — T h e f o l l o w i n g Is t h e
s ta te m e n t o f c o n d itio n o f th e n o n -m e m b e r b a n k s fo r t h e
w e e k e n d i n g O c t. 15, b a s e d o n a v e r a g e s o f t h e d a i l y r e s u l t a
17.000
0.606,70ft
t im e **7.9.400.610 1.099 086
Otk«r coca trie*..
[VOL. LXVI
N ew W)kk Cit y .
Astor Ifiacc............
Colonial.................
Columbia.................
E lerenth Ward.
Fourteenth Street.
Franklin National.
Gansevoort . . . . . H
Hamilton.___
Eld© A Leath. Nat.
Home. ............ . . H
Hudson R lrer.......
Mount M orris.......
M utual................
Nineteenth Ward.
Plaaa......... ..........
Riverside.................
State..........................
Twelfth W ard..
Twenty.third W’d.
Union Square.........
Y erkrlU e.............
Aster N at’l Bank
B rooklyn .
Bedford..................
Broadway................
Brooklyn.................
Eighth W ard.........
Fifth A rena©.........
F u lton .....................
Kings County.........
Manafaot’rs’ N at’l
Mechanics...............
Mach’s’ A Tradr’s
N issan N ation al..
National C ity.........
North Bide..............
People’#..............
Queens Co. (L.I.O.)
Sohermerhorn__
Seventeenth Ward
Sprague National.
Twenty-sixth W ’d.
Unlon__ ... ...
Wallabout..........
Other Cit ie s .
1st N at., Jar. City.
Hud. Co. N at J.O .
2d Nat-., Jer. City.
81 N at , Jer. C ity..
1st N at., Hoboken.
2d Nat.. Hoboken.
Bank of Staten Isl.
1st Nat., State n is i.
tal.
Sur
plus.
Capi
Deposit, w ith
Loam A
Leg!
Net
I n v e s t Specie. A B ’* O lear'g O th er
m e n ts .
N o te s. A g e n t. lik e .A c p o s its .
$
$
250.0 302.3
65,9
100.0
M&Q 189.4
100,0 119.6
63,8
100,0
0,0
200,0
20.3
200,0
85,2
200,0
500.0 160,2
100.0 84.1
200,0 189,3
260,0 93.1
200,0 112,2
26.4
100.0
100,0 110.5
100.0 101.7
81.4
100.0
200,0 150.8
100.0 47.1
300.0 301.8
100.0 128.6
8.7
800.0
$
2.261,9 218,3
16,8
728.7
1.953.4 101.9
1.301.0 62.7
12.8
712.4
022.9 98.2
711.7 22.0
1.217.7 42.6
2.139.8 214.2
557.2
02.6
1.154.0 20,0
1.884.8
84.8
924.4
17.8
670.0 28,6
49.8
1.083.0
729.1
8.4
1.515.0
73.0
17.8
768.0
25.7
2.076.4
82.8
1.219.1 102.3
1.659.1 225.3
150.0 105.7
100.0 114.8
300.0 160,0
100.0 86.1
100,0 50,4
200,0 169.0
150.0 69.3
262.0 423.1
500.0 38P.8
100.0 188,6
300.0 560.9
$00,0 557.8
1.018.5
1.399.7
1.219.4
277.fi
510.7
847.5
580.4
1.998.5
2.822.2
049.4
3.709.0
2.127.0
1.487.8
814.0
2.081.5
505.8
408.0
1.043.8
282.4
295.3
604.5
1 0 0 .0
1 0 0 ,0
111.1
200,0
1 0 0 ,0
1 0 0 ,0
1 0 0 .0
210,1
105.8
100,0 124,5
57,1
1 0 0 ,0
100,0 06,6
61,8
46.4
32.4
9
46.3
05,5
98.0
79.1
74.1
14.0
39.3
79.7
144.7
61.9
102,0
120,2
87.9
102.3
88.7
42.4
30.0
120,2
199.1
134.1
170.3
SOd.i
122.3
83.4
39.8
110.9
221,8
50.2
203.6
57,1
153.9
113.0
177.7
78.$
109.0
119.8
49.8
86.8
110.4
105.8
72.0 112,6
150.7 94,8
105,0 2.623.9
845.7
2,0 1.981.0
1.020.9
869.9
501.7
34,7
643.4
1.270.2
1.732.2
14,*6
620,1
1.268.0
298.3 1.767.2
1.6
878.9
9
892.2
1.250.4
726.7
126,0 1.774.0
196,9 1,611,8
206.7 1.128.9
2,816,6
50.0 1,386,8
1.554.2
28.1
58.4 160.2
86.0 1.181.3
14.7 143.7 176.8
1.508.5
03.6
22.1 219.4
18,8 1.248.0
12.3
19.9
44.0
9,8
816.2
22.3 21.5
48.5
81,6
470,2
58.6 41.1 194.0
814.4
37.7 29.2
98.7
555.0
253.9 280.0 440.9
2.732.3
100.9
92.0 140.5
2.199.6
53.9
64,1
57.1 188.6
942.7
229.0 189.0 594.0
71,0 4.018.0
167.0 314.0 488.0 124.0
11.8
06.5 108.0 1.212.0
83.2
44.0
60.3
34,4
38,9
870.9
03,7 100 .8 864.2 180,1 2.510.3
15.0
90.0
19.3
485.0
8.6
37.6 116,8
406.0
104.7
12.0 876.0
14.0 1.160,0
91.1
18,1
6.0
1,9
410.6
6,8
27.8
19.0
13.0
219.8
9,8
60.9 102,4 120,0
005.7
2.731.0
400.0 704.4 4.708,3 129,1 187,1 427.6 444,2 6.317.7
250.0 521,1 1,943,9
94.7
54.5 128.6
99.2 1,039,0
250.0 381.5 1.471.8
54 2 242,0
56.8
1,252,4
200.0 190.9
880.5
21.3
56.0 94,3
15,9
814.0
110,0 417,0 1.915.9 104,5
29,3 109,2
87,« 1.367.7
88.1
125.0
767,0 43.2
38.0
70.8
73,7
26,0 44,2
401,7
80.1
20.3
8S.1
6
498.0
100.0
810.6
71,0
18.2 23.5
84.8
533.7
761.0
ratals Oct. 15 . . . 9 ,012,0 4/77.9 C>J,2Q3,2 3,34t>.* 3 . 9 S 7.7 8 J 9 * ,S
6 7 , 9 ^ 0 ,0
Totals Oct. 8 ... 9, o t 2 ,o 4 / 0 0 , 0 b S J T . Q _3*409,7 9,920,0
6 7 , 90 S , 3
Totals Oct. 1... 0 .OT2.0 4 / ? / / 63 3 0 S .& 3 *. l S f . 7 t.SSbeS
2 . *04*3 * 7 ,4 4 0 ,5
N e w Y o rk C ity , B o s t o n a n d P h i la d e lp h ia B a n k s .— B e lo w
w e fu r n is h a s u m m a r y o f t h e w e e k ly r e tu r n s o f th e C le a r in g H o u se B a n k s o f N e w Y o rk C ity , B o s to n a n d P h ila d e lp h ia .
T h e N e w Y o r k f ig u r e s d o n o t i n c l u d e r e s u l t s f o r t h e n o n
m em b er b a n k s.
L e g a le . B e p o s i f
C apua i
S u r p lu s .
L o a n s.
S p ec ie.
L u e u . D s p o s .: tA O ir s 'l'n . O le a r in «
$730.0 $12,840,0
1,626,0 16.607.0
N. %.*
%
$
$
$
9
1*166,0 14.311.1
134.315.0 042.10 J. 3 1296403 53.794.0 700,763.3 14,9^4.0 814.737.0
749.0
9.244.0 Oct. 1.. 135.138.0 085,672,8 1303144 64.644,8 702.128.2 16,498,4 774,004.9
1.983.2 21.014.9
’• 8 134.269.0 030,380,1 1428500 53,594.7 710,800,8 15,473,2 889.055.0
„ 284.0
4.258.0
“ 16. 134.184.0 040,403,4 1479451 63,502,5 727.144.2 15,490,6 818.890.1
3.278.0 97.317.4 Bo*.*
1,017,8 25.869.0 OCt. 1. 08.687.3 189 400.0 17.024.0
6.570.0 195.518.0 0,090,0 92 455,5
294.0
5.225.2
8
08.587.3 189,070.0 10.877.0
0,24 8,0 202.209.0 0,093.0 113,892,9
714.3
0 .20 8 .8
«’ 15- 03.587.3 189,$11,0 10.130.0
6.455.0 203.289.0 0,068,0 108,271,0
83,7
1,142.9 P h l l a . ’
185.0
2.014.0 Oct. 1. 35.388.0 124.105.0
30.849.0
134.937.0 6.923.0 60.308,2
175.3
** 8. 35.388.0 124,4 3,0
943.0
38.434.0
130.250.0 5.921.0 77,551,0
103.4
3.042.3
" 15.. c 5.388.0 124.610.0
38.350.0
137.920.0 5.928.0 09,427, 5
168.1
2.271.0
A u c tio n S a le s .— A m o n g o m e r s e c u r itie s cu e f o llo w in g , n o
160,1
2.929.8
3.180.0 22.069.0 r e g u la r ly d e t l t in a t t h e B o a r d , w e r e r e c e n t l y s o l d a t a u c t i o n
8.266.0 2(1.188 0
B y M essrs. R . V . H a r n e t t Sr C o:
201,8
d.778.5
S hares.
714.0 12.771.9
B o n d s.
447.0
3.387.8
25 I r v in g N a t. B a n k .............152*4
$ 1 ,5 9 0 S c rip A tla n tic M u tu a l
651.1 18,988,8 10 R iv e rs id e H a n k .................. 200
I
n
s
u
r
a
n
c
e
C
o., d a te d A ug.
924.2
0.045.0
9 0 B ro o k ly n L ife I iih . C o ... 1 1 2 *4
4, 1 8 9 4 ................................ ....1 0 3 * 4
419.8
2.003.8
20 M ic h .B o n in . O a r Co. coni, v)*« $ 3 ,0 0 0 O gd. A L a k e C ham
U05.2 12,101.7
5 0 U . 8. P r in tin g Co., c o in .. 70
HR. Co. 1st 6 s , 1920, t r u s t
2.204.0 45.150.6
3 > U. 8. P la v . C a rd C o..00111. 50
o o riitic a te B ........................... .
95
609.7
3.815.0
1
M
en.b.
N
.
Y
.
P
ro
d
.
B
x
o
li.
*
2
0
0
160.4
2.824.4
800.5
3,000,6
B y M essrs. A d ria n H . M u lle r & S on:
644.0
0.
129.8
S h o r ts .
S h a re s.
262.1
3.925.9
10 L a w y e rs ’ T itle In s . C o .. 159
10 F a r r a g u t F ir e I n s . C o . ..1 0 0
1.148.0 11.007,3
B o n d s.
250.2
5.950.0 1 32 N a t. C itiz e n s ' B a n k ......... 125
2 $87,0
0 N. Y. P ro d . E x . B an k .1 1 6
385.5
$ 5 ,0 0 0 L ittle F a lls A D o lg e1,
5 0 M echanics*A T r a d e r s ’ Bk 93**
1.104.0 24.779.0
v ille R R . 1 s t 6a, 1 9 2 1 .......... 62
2 0 C onsol. E le v a to r Co of
2.486.0 43.028.0
$ 7 5 ,0 0 0 G a lv e s to n C ity R R .
187.7
1.304.1
D u ln th , c o in ..................... 19
Co. 2 n d s ...........................$ 1 8 ,0 0 0 lo t
2.655.3 20.111.5
10 R e a l E at. E x . A A u c tio n
$ 3 ,0 1 0 O sw e g o A R o m e R R .
883.0 13.442.0
R
oom
.
“
L
im
."
.................
70
58, g u a r., 1 9 1 5 .........................1135*
560.0
0.026,0
15 A t l a n t i c T n i « t C o ...........1 5 7 * 4 $ 5 0 0 M id d le se x B a n k in g Co.
246.7
3.303.4
3 0 M e c h a n ic s ’ N a t. B an k .175*4
1 s t d e b . S e rie s R 70, 1 9 0 4 . 9 7
1.279,6 30.735.2
P8.7
1.235.7
422.9
3.509.0
833.4
3.979.4
307.0
2.750.4
4.068.3 35.374.0
826.5
9.252.4
680 4 3.028.4
060.3
4.933.5
509.4
7.640.4
BANKERS,
387.2
0.787.9
178.8
.
.
.
' NEW YORK.
2.251.0 1 k 4 9 P I N K H f t t K n r ,
399.9
5.341.5
330.0
S la te S tre e t, A lb a n y .
2.792.0
1.313.0
9.851.0
IN V E S T M E N T S E C U R IT IE S .
1 1 2 .0
1.650.0
1.847.4 32.005.0
985.0
5.4H9 0 OKOROK B A «0(.A r If'IFFAT.
4 t .ll* ASDER M. WRITS, JR
443.3 18.6
8.5
320.1
4.081.8
M o f f a t
& W h i t e ,
112.7
3.610.7
198.8
8.183.0
Sept.24.
SanUing and fin an cial.
Spencer Trask &
C o .,
65
b a n kers
53,503.5 727,141.*
N o. t ItA S S fH 3 T H B K T ,
IN V E S T M E N T
-
,
N E IV Y O B K
S E C U R IT IE S
THE CHRONICLE.
'C ctobeb 22, 1898,J
827
T h e fo llo w in g w e re t h e r a t e s o f d o m e s tio e x c h a n g e o n
N ew Y o rk a t t h e u n d e r - m e n tio n e d c itie s to - d a y : S a v a n n a h ,
b u y in g 1-16 d is c o u n t, s e llin g 75c. p e r $1,000 p re m iu m ; C h a rle s
to n b u y in g y d is c o u n t, s e llin g p a r ; N e w O rle a n s , b a n k , 50c.
p re m iu m , c o m m e rc ia l, 75c. d i s c o u n t ; C h ic a g o , p a r ; S t.
B o o k s closed.
L o u is, 40c. p e r $1,000 d is c o u n t.
(D a y 8 in c lu s iv e .)
U n ite d S ta t e s B o n d s .—S ales o f G o v e rn m e n t b o n d s a t t h e
B oard in c lu d e $2,000 4s c o u p ., 1925, a t 127% ; $16,000 4s c o u p .,
O ot. 29 t o N o v . 8
1907, a t 111% to 111% ; $2,000 4s r e g ., 1907, a t 110% to 110% ;
t o ----------- $5,000 c u rre n c y 6s a t 102% ; $7,000 3s re g . a t 104% to 105% ;
O ot. SO to N o v . 15 $784,000 3s co u p , a t 105% to 105% a n d $8,240 d itto (s m a ll
O ct. 23 to N o v . 1
b o n d s) a t 105% to 105%.
t o ----------T h e fo llo w in g a re th e d a ily c lo s in g q u o ta tio n s ; for yearly
JDa n kers 7 (Sa^ette.
D IV ID E N D S .
P er
Cent.
N a m e o f C om pany,
R a i lr o a d s (S te a m .)
C in .H a m . & D a y to n , p re f. (q u a r.)
G a . S ou. & F lo r id a , 1 s t p r e f .
**
“
2d p re f.
N a s h . C h a tt. & S t. L o u is (q u a r.)
3 ? o rth & W e s t B r a n c h ...................
“
“
( e x tr a ) ___
P it ts b . V irg in ia & C h a r le s to n .
S u n b u r y H a z le to n A W ilk e sb a r:
s tr e e t H a llw a y s .
C o lu m b u s (O.) St. R y . (q u a r.).
D . D . E . B ’w a y & B a tt.. N. Y . (qu.)
E x e t e r (N. H .) S tr e e t R y ................
B anks.
A m e ric a n E x c h a n g e N a tio n a l...
G e r m a n ia ..............................................
T r u s t C o m p a n ie s .
H a m ilto n , B ro o k ly n , q u a r ............
J lis e e lla n e o u s .
A m e ric a n S te e l & W ire , p r e f ---C h ic ag o E d iso n (q u a r.)...................
E d is o n E lec . 111., B o sto n (q u a r.)
G r a n d R a p id G a s L ig h t.................
P e n n s y lv a n ia C oal (q > ar.)............
R a ilw a y E q u ip m e n t o f M i n n .. ..
S p r a g u e E le c tric , p r e f ...................
S ta n d . D is tri. & D is til., p re f. (q u .)
U n ite d S ta te s E n v e lo p e , p r e f . . .
W eis b a ch I n c a n . G . L. o f C a n a d a .
W o rth in g to n (H. R .). p r e f ..............
W hen
P a ya b le.
N ov.
1 } N ov.
111 iN ov.
N ov.
1
l
} N ov.
2 i a 5 N ov.
N ov.
4
1%
8
1
15
1
1
1
l
to ----------to -----------
^
N ov.
N ov.
O ct.
3%
5
N ov.
N ov.
i O o t. 22 1o N o v . 2
1 O c t. 19 to O ot. 31
2
N ov.
l|O c t . 26
1%
2
2
3
4
3
3
i%
$2
1
3%
N ov.
N ov.
N ov.
N ov.
N ov
N ov.
N ov.
N ov.
D e ..
N ov.
N ov.
L o o t. 21
1 -------- ■
1 O ot. 20
21 N o v . 11
1 O o t 21
1
1 O ct. 23
8 O ot. 30
1
20 —
1 O o t. 24
1
i
3
1 O ct. 22
1 O ot. 21
31 —
18 9 7 .
Oct. 1 6
Oct.
15
Oct.
17
Oct.
18.
Oct.
19.
Oct.
20
Oct.
21 .
* 99 * 99% * 99
2 s , ..........................reg. Q. -M ob. * 99 * 99
* 98%
105*4 105** *105% *105
3 8 , 1 9 1 8 ............. re g . Q - F e b . * l0 4 7e *105
38, 1 9 1 8 ............coup. Q .- F e b . 105% 105% 105% 1 0 5 7q I 0 5 7e 105%
3s, 1918, s m a ll.re g . Q .- F e b . 104% 104% *105% *105% *105*4 *105*4
.- F e b . 1053a 105*2 1053 q 105*2 105% 105%
to O ot. 31 3s, 19 1 8 , s m a lL .c ’p. Q
i s , 1 9 0 7 ............. reg. Q . - J a n . 1104> *110*2 *110% 110% *110% ‘ 110%
Q
. - J a n . *111
*111*4 *111*2 *111*2 *111*2 11134
to N o v . 1 4 8 ,1 9 0 7 ............ooup.
*x26% • i 2 6 q *126% *126*4 *1263s *126%
to ----- —— 4s, 1925 ............. re g . Q .- F e b . *127*4
*127%
Q
.F
e
b
.
*127% 127% *127% *127%
to N ov. 1 4s, 1 9 2 5 ............ooup.
*X ll30 *11 1*2 * i i i % *111% *111% *111%
t o N o v . 21 5s, 1 9 0 4 ............. re g . Q .- F e b .
*112%
to N o v . 1 5s, 1 9 0 4 ............ooup. Q .- F e b . •1125s *112% '1 1 7 % *113 *113
*s 102*2 "102*2 *102*2 *102*2 *102%
t o ----------- 6s, o u r’oy,’9 9 . . . reg. J . <fc J . *102
*102 *102 *102
*102 *102
to N ov. 1 4 b, (C b e r.)1 8 9 9 .re g . M a rc h . *102
'’T ills is th e o rio e o ld a t tn e m > rn\ng o o a r d ; no s a le w a s m a d e .
to N o v . 8
to ----------S t a t e a n d R a i l r o a d B o n d s .—S ales o f S ta te b o n d s a t th e
to ----------to N o v . 2 B o a rd w e re lim ite d to $28,000 V irg in ia fu n d , d e b t 2-3s o f 1991
W A L L S T R E E T . F R ID A Y , O C T . 3 1 , 1 S 9 S .- 5 P . M .
D iffe r e n 's fr ’ m
P rev. w eek.
In te r e s t
P e rio d s.
to O ot. .31
to N o v . 1
t o -----------
T h e M o n ey M a r k e t a n d F i n a n c i a l S i t u a t i o n . —N o tw ith
s ta n d in g th e f a c t t h a t sa le s of s e c u ritie s fo r fo re ig n a c c o u n t
h a v e b een o n a lib e ra l sc a le th is w eek , th e v o lu m e o f b u sin e ss
a t th e S to c k E x c h a n g e h a s b e e n m o re lim ite d th a n fo r m a n y
w e e k s p a st. T h e fo re ig n o ffe rin g s w e re re a d ily a b so rb e d ,
h o w e v e r, a n d p ric e s h a v e g e n e ra lly b e e n w e ll s u s ta in e d ,
e sp e c ia lly in th e b o n d m a r k e t, th e G o v e rn m e n t 3s h a v in g
m a d e a n e w h ig h re c o rd .
P u b lic in te r e s t in p o litic s is in c re a s in g a s th e e le c tio n
p e rio d d ra w s n e a r, a n d th is f a c t h a s n o d o u b t c o n tr ib u te d to
th e in a c tiv ity w h ic h h a s b e e n a c o n sp ic u o u s f e a tu r e in W a ll
S tre e t. M o re o v e r th e p o litic a l s itu a tio n a b ro a d is n o t su c h
a s to s tim u la te con fid en ce in fin a n c ia l c irc le s , a lth o u g h it
m a y h a v e in c re a se d th e d e m a n d fo r o u r w h e a t a n d co rn ,
w h ic h h a s b een e x c e p tio n a lly h e a v y th is w eek.
T h is d e
m a n d seem s c e rta in to in c re a s e th e tra ffic o f th e g r a in
c a r r y in g ro a d s, a s th e s u p p ly a t th e s e a b o a rd is lim ite d .
T h e lo c a l a n d fo re ig n m o n e y m a r k e ts p re s e n t a n in t e r e s t
in g c o n tra s t. T h e B a n k o f F ra n c e , fo llo w in g th e a c tio n of
th e B a n k s o f E n g la n d a n d G e rm a n y , h a s a d v a n c e d its d is
c o u n t ra te s , w h ile in W a ll .S treet c a ll m o n e y h a s lo a n e d a t
iy 2 p e r c e n t. T h ese c o n d itio n s h a v e fa v o re d th e a b so rp tio n
o f lo n g b ills o f e x c h a n g e in th is m a r k e t fo r in v e s tm e n t.
T h e o pen m a r k e t ra te s fo r c a ll lo a n s on th e S to c k E x c h a n g e
d u rin g th e w eek o n s to c k a n d b o n d c o lla te r a ls h a v e ra n g e d
fr o m
to 2 y p e r c e n t. T o -d a y ’s ra te s on c a ll w e re v y to 2
p e r c e n t. P rim e c o m m e rc ia l p a p e r q u o te d 3J4 to i l4 p e r cen t.
T h e B a n k o f E n g la n d w e e k ly s ta te m e n t o n T h u rs d a y
sh o w e d a d e c re a se in b u llio n of £52,207, a n d th e p e rc e n ta g e
o f re s e rv e to lia b ilitie s w a s 49'00, a g a in s t 46-30 la s t w eek ; th e
d is c o u n t r a t e re m a in s u n c h a n g e d a t 4 p e r c e n t. T h e B a n k rf
F ra n c e sh o w s a d e c re a se of 6,500,000 fra n c s in g o ld and
2,950,000 f r a n c s in silv e r.
T h e N ew Y o rk C ity C le a rin g -H o u se b a n k s in t h e i r s t a t e
m e n t o f O ct. 15 sh o w e d a n in c re a s e in th e re s e rv e h e ld of
$5,002,300 a n d a s u r p lu s o v e r th e r e q u ir e d re s e rv e o f $19,661,550, a g a in s t $18,743,600 th e p re v io u s w e e k .
1898.
Oct. 15.
range see seventh page following.
1896.
Ocl. 17.
a t 78% to 78%.
T h e m a rk e t Cor r a ilw a y b o n d s h a s b e e n e x c e p tio n a lly d u ll,
th e tra n s a c tio n s in th is d e p a r tm e n t a t th e E x c h a n g e a v e r
a g in g o n ly a b o u t $1,500,000 p a r v a lu e p e r d a y . T h is lim ite d
a m o u n t of b u sin e ss w a s fa irly w e ll d is tr ib u te d , a lth o u g h th e
A tc h is o n , C h icag o T e rm in a l, D e tro it C ity G as, E rie , M e tro
p o lita n S tre e t R a ilw a y , M isso u ri K a n s a s & T e x a s, N e w Y o rk
C e n tra l & H u d s o n , L a k e S h o re , N o r th e r n P a c ific , O re g o n
S h o rt L in e , R e a d in g , S t. L o u is & I r o n M o u n ta in , S o u th e rn
R y ., T e x a s & P a c ific , U n io n P a c ific , U . P . D e n v e r & G u lf,
W a b a s h a n d W isc o n sin C e n tra l is su e s h a v e b een s o m e w h a t
co n sp ic u o u s. In th e a c tiv e li s t th e c h a n g e s n o te d in q u o ta
tio n s a re in n e a rly a ll cases lim ite d to fra c tio n s , w i t h h ig h e r
a n d lo w e r a b o u t e v e n ly d iv id e d .
S to c k a n d B o n d S a le s .—T h e fo llo w in g sh o w s th e v o lu m e
o f b u sin ess in sto c k s a n d b o n d s o a th e N e w Y o rk S to o k
E x c h a n g e fo r th e p a s t w e e k a n d s in e 3 i a n u a r y 1.
Sales
.V. T. Slo ck Exch.
G overnm ent bonds
State bonds...........
EUi. 4 misc. bonds.
-W eek e n d in g Oct. 2 1 .1898.
18 9 7 .
SS24.3S0
973,000
28.000
28,000
0.208,500
0,478,000
—J a n . 1 to Ocl. 21 .— —.
1898.
1897.
*18,088,610
*9,158,800
2,521,200
1,292,100
631,01-,510
426,805,210
T otal................. *10,055,780
*9,569,000 *055,179,820 *437,256,110
Stocks—No. sheres
!,06",538
1,043,133
88,914,652
62,576,489
P ar v a lu e .... *96,564,750 *160,188.5’l0 *8,062,010.675 *5,996,861,200
Bank shares,par vaL
*5,250
*11,600
*145,910
*288,410
W e a d d th e fo llo w in g re c o r d o f th e tr a n s a c tio n s :
W e e k e n d i n g -----------S to c k s---------- . R a ilr o a d , etc. S ta te
Oct. 2 1 ,1 8 9 8 . S h a res.
P a r v a lu e .
B onds.
B onds.
Saturday....... .
119,658
*10,287,550
*871,000
M onday............ .
249,o il
21.807,230
1,440,590
Tuesday................. 108,140
15,850,300
1,846,500
*13,000
W ednesday........... 130,788
12,359,800
1,470,000
15,000
T hursday............... 178,209
17,055,750
1,758,500
Friday..................... 214,202
19,704,100
2,317,000
T o ta l................1,060,538
*90.664,750
*9,203,500
*28,000
V . s.
B o n d s.
*30,160
178,000
49,800
23,020
524,120
28,540
*824,240
T h e sales o n th e B o sto n a n d P h ila d e lp h ia E x c h a n g e s w e re :
L is te d
sh a res.
.Saturday.. . l " , 7 l l
Monday ... .20,968
Tuesday .. .18.409
W ednesd’y. 14,843
Thursday.. .28,739
F r id a y .,,,,
T o ta l.... 97,605
— B o sto n .—
U n liste d
Bond
sales.
sh a res.
3,733
$40,100
7,500
60,900
7,007
04,500
4,234
27,050
3,907
04,800
26.520
204,250
L is te d
sh a re s.
3,745
14,101
5,293
0,884
5,039
8,020
43.043
P h ila d e lp h ia .--------- *
U n liste d
Bond
sales.
sh a re s.
$50,708
2,584
117,500
6,076
0,366
158,425
. 92,520
4,212
3,738
170,320
8,714
130,000
32,200
741,433
R a il r o a d a n d M is c e lla n e o u s S to c k s .—W it h th e p r o f e s
C a p ita l....................
sio n a l e le m e n t la rg e ly in c o n tro l, th e Btock m a r k e t h a s b e e n
S u r p lu s ..................
re la tiv e ly d u ll a n d n a r r o w . O n M o n d a y w e a k n e ss w a s th e
L o a n s <fc diso ’n ta .
p re v a ilin g fe a tu re o f th e e n tire lis t, in s y m p a th y w ith a
C ir c u la tio n ...........
N e t d e p o s its .........
s h a rp d e c lin e in th e a n th r a c it e c o a l s h a re s a n d so m e o f 'th e
S p e c ie .....................
in d u s tr ia l stocks.
T h e to n e w a s b e tt e r on T u e s d a y , a n d
L e g a l te n d e r s ___
som e re c o v e ry in p ric e s w a s m a d e , b u t th e r e w a s a la rg e
R e s e rv e h e ld ........
fa llin g -o ff in th e v o lu m e o f b u sin e ss. W e d n e s d a y ’s m a r k e t
L e g a l r e s e r v e ___
w as firm , b u t tr a n s a c tio n s a t th e E x c h a n g e w e re lim ite d to
S u r p lu s r e s e r v e 1 9 ,6 6 1 ,5 5 0 I n o . 9 1 7 ,9 5 o | 1 4 ,6 1 4 ,5 0 0 1 1 .9 1 1 ,1 0 0 a b o u t 130,000 sh a re s, th e s m a lle s t f o r a n y d a y in m a n y w eeks.
T h u rs d a y th e r e w a s so m e im p ro v e m e n t, b o th in p ric e s a n d
.
_
„
----------- — -------e x c h a n g e
h a s b een ste a d y to firm , o n a lib e ra l s u p p ly o f c o m m e rc ia l th e v o lu m e of b u sin ess, th e l a t t e r h a v in g b e e n a u g m e n te d b y
b ills . R a te s a d v a n c e d on th e h ig h e r d is c o u n t r a te s a b ro a d . lib e ra l sales fo r fo re ig n a c c o u n t. T o -d a y ’s m a r k e t w a s s tro n g
T h e d e m a n d fro m r e m itte r s is lim ite d , b u t a c o n sid e ra b le a n d m o re activ e . C lo sin g q u o ta tio n s w e re in m a n y ca se s th e
h ig h e s t of th e w eek.
a m o u n t o f lo n g s te rlin g w as a b so rb e d f o r in v e s tm e n t.
N e t c h a n g e s in th e ra ilro a d li s t a re g e n e ra lly u n im p o r ta n t,
T o -d a y ’s a c tu a l ra te s of e x c h a n g e w e re a s fo llo w s : B a n k e rs ’
s ix ty d a y s’ s te rlin g , 4 82@4 82)^; d e m a n d , 4 85@4 8 5 ^ ; a lth o u g h th e c o a l sto c k s h a v e n o t fu lly re c o v e re d fro m th e
d e c lin e o f M onday, a n d th e lo c a l tr a c ti o n s h a re s h a v e b een
c a b le s, 4 85}£@4 85%-, p rim e c o m m e rc ia l, s ix ty d a y s, 4 81
e r r a tic . Illin o is C e n tra l w a s a w e a k fe a tu re , a n d L o u is v ille &
4 81M ; d o c u m e n ta ry c o m m e rc ia l, s ix ty d a y s, 4 8 0 V ® 4 81
g r a in fo r p a y m e n t, 4 81J^@4 8 1 U ; c o tto n fo r p a y m e n t, 4 803^ N a sh v ille , U n io n P a c ific a n d N o rth e r n P a c ific issu e s y ie ld e d
s o m e w h a t to th© se llin g b y fo re ig n h o ld e rs.
T h e m isc e lla n e o u s lis t w a s less c o n sp ic u o u s th a n o f la te .
Oct. 21.
A m e rjc a n S u g a r R e fin in g h a s b een re la tiv e ly s te a d y , a n d
D em and.
S ix ty d a y s.
A m e ric a n T o b acco co v e re d a m u c h n a rr o w e r r a n g e th a n fo r
P r im e b a n k e r s ’ s te r lin g b ills o n L o n d o n . 4 8 2*4® 4 83
4 8 5 % » 4 86
s e v e ra l w eeks p a st. H a w a iia n S u g a r a d v a n c e d o v e r 6 p o in ts
P r im e c o m m e rc ia l.......................................
4 81 @4 81*4
on im p o rta n t c h a n g e s in th e m a n a g e m e n t of th e c o m p a n y .
D o c u m e n ta r y c o m m e rc ia l................
4 803$ @4 81*2
P a ris b a n k e r s ’ (f r a n c s ) .......................
5 2 4 5 10@24^8 5 22% <t2113le F e d e ra l S teel s h a re s h a v e a p p e a re d in th e u n lis te d d e p a r t
A m s te rd a m (g u ild e rs) b a n k e r s ...............
4 0 0 4 0 1 ,.
m e n t, a n d d e c lin e d b e tw e e n 1 a n d 2 p o in ts fr o m th e b e s t
3 9 l3 Ifl@3978
F r a n k f o r t o r B re m e n (relc h m a rk g ) b ’k e rs
9 4 7g394 * 5 i6 p ric e s o f th e w eek.
94*4® 945 jo
*
$
$
5 8 ,2 7 2 ,7 0 0
..................
7 5 .9 1 1 ,3 0 0
.................
6 4 6 ,4 0 3 ,4 0 0 I n o . 1 0 0 2 3 3 0 0
1 5 .4 9 6 ,6 0 0 I n o .
2 3 ,4 0 0
7 2 7 ,1 4 4 ,2 0 0 Eno.1 6 3 3 7 5 0 0
1 4 7 ,9 4 5 ,1 0 0 In o .5 ,0 9 4 ,5 0 0
5 3 ,5 0 2 ,5 0 0 : Deo.
9 2 ,2 0 0
2 0 1 ,4 4 7 ,60o! In o .5 ,0 0 2 ,3 0 0
lS l,7 « 6 ,0 5 0 jI n o .4 ,0 8 4 ,3 5 0
9
5 9 .0 2 2 .7 0 0
7 4 ,4 4 0 ,1 0 0
5 6 9 ,1 1 7 .0 0 0
15 .8 6 6 .7 0 0
6 1 6 ,0 7 9 ,6 0 0
9 4 .8 8 6 .7 0 0
7 3 .7 4 7 .7 0 0
1 6 8 .6 3 4 ,4 0 0
1 5 4 ,0 1 9 ,9 0 0
9
6 0 ,6 2 2 ,7 0 0
7 3 ,5 9 0 ,2 0 0
4 5 6 ,1 3 9 ,3 0 0
2 0 ,5 2 1 ,1 0 0
4 5 3 ,6 9 5 ,2 0 0
5 9 ,1 3 0 ,4 0 0
6 6 ,1 9 8 ,5 0 0
1 2 5 ,3 3 4 .9 0 0
1 1 3 ,4 2 3 ,8 0 0
THE
N e w
srooo
-ff
Y o rk
»a i r s s r
O ct i f ,
C H R O N IC L E . —STOCK PRICES (2 pages) Page i.
S to c k
E x c h a n g e - -A
aho cow sst b il b
D a ily ,
parous.
W e e k ly
STOCKS.
N. Y. ST O C K E X O H .
1
a n d
Y e a rly
Vox.. LXVII.
R e c o rd .
R a n g e f o r y e a r 1898.
S a le s
o f th e O n b a s is o f lo o - s h 'r c lo ts
W eek.
Loxoest. j H ig h e st.
Shares
R u n g t f o r p r e v i
o u s y e a r ( 1 8 9 ?).
L o w e st. 'H ig h e s t
R a i l r o a d S to c lu *
A lbany A Susquehanna..
180 ,
• is o 920 ! 180 220 *180 220
§183 J a n 1 189 Feb 3 170 Feb
•*#6
•11
18 H -n n A rbor........................
11 A pr 21 15 Feb 8
12 | *11
9 Jan. W *
•1 1
12
12
*11
•11
12
7 34 J a n 4 40%Feb 7 22* A p r ' 40
Do
prof.
35*
*85
{36
•3 4 * 36)4 •3 4 * 3 5 * *35
80
86 1 •33
Aufi
18W
2,070 10%Apr 21 1 4*A ug 10
9 * A p r 17 8ep.
13 1 l a * 12*;
12*
1 2 * 12% 12 % 12* Atoh. T opeka & S anta Fo,
84%
Do
pref- 35,808 22UM ar 12 3 7 * Aug 37 17 A pr 85*Sep
83 m 3 3 * 33%
S3* as** 3 3 * ssv,! 3 3 * 88U
I S
1,705 i t 2%J a n 25 T45*Sep 19
0„tr.reo all ins.pd
44'
9 J ’ly 21*Sep.
t u * <3%
45
45
45
45
•44
45
43% 44
B alt.&
Do new, when Issued
100 31 Oct 10 3 5 * S e p 19
si>< SIM
•30
88
200 08 Oct 12 72* S ep 16
Do pref., w hen issued.
•68
•08
09
6-8%
09
69 *j *68* * ’ 09* ’ I •67
09 i; :*67
5% Jan 19
6* Halt. & O. Southw., p ro f..
7%Feb 3
•5 *
9*9ep
6*
•Ik
0%, *5*
i) m ! * 5 *
«M ♦5*
100 1105 Mar 9 106% Oct 19
•103 108 I 108 108 I 1 0 6 * 1
105 108 Boat. A N. T. Air L.. pref.
•103
105 108
106 Oct
Brooklyn Elevat., tr. reo..
24USep 28 2 8 * Ang 22
8*O ct.
§8
Brooklyn Rapid T ra n s it... 17,30( 35 Mar 12 69% Aug 22
0 4 * 6 3 * 64% 64
65 !
S7%Dec
0J.M 04% 64
•30
38
83 Buffalo Rocb. & Pittsburg.
*80
33
•30
33
25 M ar 12 34 Sep 7
....... 33
81 Dec
Do
pref.
75
62 May 6 7 6 * Sep 7
75
•0 7 * 73
........ 75
......... 75
66%Dec
•80
•SO
10 105 M ar 10 §78 Oct 19
Bari. Cedar Rapids & N o ..
•80 *
•10
•80 . . . . . .
70 An£
2,315 78 A pr 21 9 0 * J a n 20
80% 8 i * C anadian Paelflc .......................
SSM 83% j 82% 88
80
” - -i
80
82 Deo
8 m 82*
53
53
620 14* Mar 12 5 7% Fob 5
anada Southern............
•w k
62%Bep.
B2H S2H| ♦59* 53%
• o l * 58
Capital T ractio n .................
02 J a n 4 70 J a n 95
63 Dec
•S7*
6,294 88%Oct 17 9 S * Ja n
Central of New J e rse y . .. .
86
8.1* 87 1 85
S3
8 5 « R«M 80*
*
10S*JatL
25*1 •25
S3
355 11 Apr 23 20%Sep 23
24
I I * Central Pacific....................
21
123
•2 4 * 25*
24
24
85
18 Sop.
3,100 LTWMar 26 96 Ang 17
21H aiM 21*
2 1 % Chesapeake & O hio............
21
27%Aue
* 1*
2 1 % 2i%
SIM 21
•153
050 *150 M ar 14 § lC 0 * J a n l4
1155 155 1155 lo 5
152 158
15 4 §150 §151 153 Chicago & A lton.................
170 M ar
•170
♦171
Do
pref.
170
171
170
*171
§100 Mar 24 §186 Mar 1-1
175*Nov
ns*:
102%8ep,
H 113% 114* 1 1 4 * ii4 % 114 114% 11SJ, 1145, 114% 115* Chicago Burl. & Q uincy... 31,310 S 5*M ar 20 120 Aug IS
55 I 5 1 * 55
1,010 49 A pr 19 06 J ’no 1
54 Chicago & East. Illin o is...
54
51% 5 4% | 53
53
♦50
61 Sop-.
•103 100* •1U5 1 0 0 * ' f 100% 100 % U06% 106%
49 102 J a n 7 1 13*F eb 1
Do
prof
1085, S104 104
103 Bep.
14
0,670
13% 14 Chicago G reat W este rn ..
14
*
9 * Feb 24 18 A ug 22
20%Aug
I s i, U ‘< 14
13% 13% la jt 14
*70
•70
Do 4 p.c. debent a re s .
73
70
73
73
71% J’ly 15 7S*S ep 2
8 * •70
73
•70
♦70
73
75 Deo
40
475 28 M ar 15 42%Aug 22
•3 9 * 40* •30% 40
40
3 9 * 40
Do 5 p .c .p re f." A
40
40
*30* 40
43 Sep
Do 4 p.c, pref. “ B ” .
•20* 2SH •20 h 2 8 * •20% 2 8 * •2 0 * 2 8 * • 2 0 * 2 6 *
20 A pr 21 30% Aug 10
83*8ep
8
*8*U*o 7 Feb 24 11 J ’ly 27
•7*
7% 7 * Chic. Indlanap. & Loulsv.
13 Adit
•7 *
*7*
7*
S*
8*
*27
30
520 23 A pr 10 3 8 * J ’ly 27
127* S.'M •27
27%
26
30 i *27
30
Do
pref.
28
28
38*8op106* 1 0 7 * 106%107% 10 7* 107% 107 107% 107 10TIH 107* 108* Chicago Milw. & St. P a u l.. 49.872 83% Apr 21 115 Sep 8
102 Bep.
160 100
2,055 140 A pr 25 101 O ct 20
160 100
160 160
160* 160* too 101
Do
pref.
146 Sep,
100* 101*
130 131 •130 ia o « 1 3 0 * 131*! 130% 130% 131 1S1M 1 3 1 * 1 4 1 * Chicago & N orth W estern.
1,950 U 8 * M a r 12 136%Aug 23
1 3 2*8er
320 163 J a n 3 178 O ct 21
1176 176
178 178
1 7 7 * 177* ►170* 173
Do
pref.
105*Sej
101 101 * 1 0 0 * 101
80 Mar 25 10 8% J ’n e 1
100% 1 0 1 * lo o * 100% 100% 101* 100 % 10 % Chicago Rock Ial. & P a c .. 12,45
97*Sej
• 7 8 * 7 0 * 79
05
7 9 * 7 9 * Chic. I t , P . Minn. & Om,..
05 Mar 12 87 Aug 17
80
70
89*S ep.
79
7BM 7 9 * 70% •78
*137*
Do
pref.
14 §148 J a n 5 §165 Aug 17
100 100 1159 159
■153 ......... 1575$
150%Dec
9% M ar 3
§8% SVS •8
220
m ‘* 8*
§8*
4 * Jan 3
8%
8 * Chic, Terminal T ra n s fe r..
IS
8
58*
8*
34
475 2 2 * Jap, 3 3 7 * Aug 20
34
Dq
pref
33H 3 8 ^ 33% 83%
I3 3 « S3M S 3 * 3 3 * 133* 33
§39% 39% Glev, O il Chic, & St. L __
3 0* 3 0 *
930 25 M ar 12 4 7 * Aug 16 2 1 * J ’ne 41*Sep
38
•39
39% ♦39
40
39
30
39
88
1 12 77*M ar 9 9 0 * A u g 16
83
88
§88
Do
pref.
63 J ’ne 80*8ei
86
§86
157* Olev. L orain & W heeling..
10*
ie
000 l l * M a r 26 1 9* J a n 12
17*
15% 17
10M 17
*15% 17
4 4* 4*S
1,300 4 3% Oct 18 5S*S ep 8 39 Nov 49*D ec
41
45
45
43% 40 i 45
Do
pref.
45
45
45*
*169
*100
‘170 ......... *109
Cleveland A P it tab., guar.
170 J ’ne 7 §174 Aug 8 101 A pr 10 8 * Sep
*5
Colorado Alld., vot. tr. ctfs.
8%Sep 0
5%J’ne 28
*5
110 14 J ’ne 23 !8% Sep 2
§15
15
15
15
*15
17
Do pref, vot. tr. ctfs.
43
4 Col. Hocking Y ah & T o L ..
M*
5
•4
5
3*O et 7
8 * Feb 10
14*
4 * * *3M 4M ♦ *3M
. 24
• ! * * 24
24
25 Feb 9
17 J a n
'......... 24 ►
Do
pref.
......... 24
24
Jt04% 104% 1 0 1 * 1 0 4
5,109 101%Oet l*7 1 1 4 * Feb 3
101*103
1 0 1 * 102 §101% 102
10 i 102% D elaware & H u d so n .......
1,053 140 Oct 10 159 Feb 5
el. Lack. & W e s te rn ...
148 •136 140
’...........149
140 140
140 1-41 •140 149
10 10 A pr
*12
15*Sep 7
Denver & Rio G rande.
•Vail 1 3 *
1*M •12% 13*
3,575 40 A pr 21 58%Sep 6
•5 3 * 5 4Si 54
54% 5 4 *
53% 54
514
Do
pref.
535* B3M 5SM 54
•14
•14
*14
10
16
10
8 * A pr 21 20 J ’ne 10
10
♦14
•14
10
*14M 10 Des M oines & F t. D odge..
2% Aug 5 3 Sep 20
•2 *
s*
3*
3M *2*
•3M
3M *8M SM Dul. So. Shore & A tl. . . . .
:s *
7
•6
7
5 A pr 4 8% Aug 23
7
•6
7
*0
•0
Do
pref
♦0
7
rie..
11 A pr 21 1 6*F eb 4
12% 12% 12% • 12% 12% 12 * 12* *13M 1854 ♦12* 1354
729 29%Apr 22 43% Feb 11
:Do
1st pref
33% 3 3 * ♦3 2 * 3 3 * ♦31* 33H
• i t s 8 1 H S 3*
38M 32%
300 1 5 * A pr 22 21%Feb 11
17
*16
Do
2d pref
17
10* 10* •UJfj iv k * 1 0 * 1 7 * •16% 17% •10
83
22 , 22 May
33
•32
32 Evansv. & T erre H a u te .
34 Sep 26
33
§33
33
32
•32
33
•32
33
*30
800 40 J a n 18 70 Sep 24
64
•60
04
Do
prof.
00 00 *58 02
59
59
59
59
10 M ar 12 15 A ug 22
lint & P ere M arquette..
10U 30 Aug 5 43 J a n 28
37
Do
pref.
♦35
33
♦33
38
21 Feb 8 28 M ar 5
22
F t. W. & Den. C., stam ped.
•12
•12
10 May 19 10%J a n 81
15
•12
15
•12
15
16
♦12
15 F t. W orth & Rio G ra n d e ..
*12
15
1,85 t i a a j 'l y i 180 J ’ne 30
reat N orthern, pref.
189% 139* 138% 139% 138%138% 138 1 3 8 * xl30% 136% §135% 135%
•30
*30
§30 J a n 7 3 2 * Feb 24
reen Bay & W e s te rn ...
•30 ......... •30
40% J’no 23 49 J a n 27
Do debt certfs. “ A "
......... ......... ....................
“ 5**
11
Do debt certfs. “ B
3 * J ’ly 9 6 * J a n 25
108% 109
0,293 96 A pr 21 115 Sep 0
1 0 8 * 108% 1 0 8 * 1 0 9
108% !08% 107M 107« 1 0 7 * 108* I Ilinols C entral...............
•96 100
§94 Feb 18 199 Oct 11
•02
•92 100
100
*92 100
•92 100 1 Do leased line, 4 p. c.
•92 100
300
7%Mar 18 1 0 * Aug 22
9
*3*
•8 *
9
891 Iowa CentraL.................
9
* 8*
8%
•«M 9
3 3 * sSg *83 34
100 25 Apr 28 87%Aug 10
'S3
34
Do
pref.
*33
34
•3 3 * 34
31
*33
•5
6
6 * Feb 2
5%Oct 11
•5
*5
*5
6
•5
0
*5
6
0 K anaw ha & M ichigan...
1,030 15 A pr 26 2 4 * Feb 10
17% 110* 1 6 * §16% 16% *16
an. City P itts. & G u lf..
17% 17% 17
10*
17
•3
8 J a n 27
•8
4
•8
4 Keokuk & Des Moines..
5*.J’ne 11
4
4
4
•3
*3
4
*8
15
•13
15 May 12 1 6 * J ’ne 14
*13
13
Do
prof.
10
15
15
*13
*13
15
*13
15
*80
•29
32
29
30 J ’ne 2 34 J a n 31
32
82
Keokuk & W estern..........
•29
32
32
*29
2 May 19
5
*3
4 * Aug 10
'8
5
•3
*3
•3
5 Kingston & P em broke...
*3
5
5
565 12 Oct 10 2 3 * A u g 22
IU % 14% •1 3 * 14*
ake Erie & W e s te rn ...
i s * i4%; 1 3 * 1 5 *
15
*15
10
10
62% ?*%: 02
0,510 53 Oct 19 83 A ug 19
pref
62
v..
. ..
00* 62*1 53
03
63
64M 83 H 63% L Do
70 170% J a n 4 198 Aug 4
1192* 192*1*190* 194 1*190* 194 |*190* 193 ♦190*
*190* 193 Lake Sh. & Mich. S o u th ..
50 40 J a n 20
55 | *47
55
152
52
*45
*47
55
•40
55 Long Island.......................
55
Louisville & N ashville.... 17,410 41 A pr 21
54% 55VC 34M
5 4 * 54% 54
5 4 * 54%
S*H 5 5 *
94
91% (MM 9 0 *
97% 90% 97% Y f an h attan Kiev., consol. 77,919 90 Oct 3 1 2 0 * J a n 14
B5M
9m
133*D ei;
33,212 125%Mar 26 1 71*F eb 14
162 102% 15SM 1 6 2 * is e
157% 159% 157% 159* m e tro p o lita n S tree t..
i l $ 160
9% J'ly
0 * Jan 8
4 * J ’ne 15
5
5 Mexican Central............
5
*4% 5
5
•■m
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2% Aug
1
1 Feb 10 l* M a y 2
l Mexican N at'l tr . re c ta ...
1
1
'*
1
•M
**
’%
3
11 l* S e p
55 99*M ar 12 1 1 1 * Feb 8
♦106 108
•1 0 5 * L07S §105* 1 0 5 * I 05 1 0 5 * -105* 107 Michigan C en tral.. . . . . .
31*Sep
100 24 Mar 11 3 0 ||F e b 15
•20
28
2 3 * Minneapolis & St. L o u is...
•26
28
•27
28
27% 27%
•2 5 * 28
90 Sep
312 84 May 14 91 J ’ne 27
♦89
90
90
Do
1st prof.
•8 8 *
90
9 0 * ♦89% 9 1 * *81“ 9 1
190
02% Sep
200 40 Mar 26 03 J ’ne 8
*58
60
Do
2d prof.
•58
0)
*58
60
*58
*59
01
00
0 9 * 00
0 Dec
•10
200
Minn. St. P. & 3. 8. Mario
7 M ar 11
0* M ar I I
•10
•10
*10
*10
16%Sep
300 10 A pr 13 1 4 * J a n 20
10 * H'M •10X 1 t
1 0 * 10* Mo. Kansas & T exas . . . . .
*1«M
m i “lO * ♦10* 11
42
Sep
4,005
30
41
J
a
n
281
28%
Mar
12
30% 2 9 * 80
Do
pref,
80*
2DM 3 0 *
80
31%
82)
3 0 * 31%
4 0 * Sep
32* 32*
3,075 22 M a r ia 38%Aug 11
'82% 32) Missouri Pacific..........
3SM a i n
32
3iM 32% 8 2 * 3 2 *
32 Ant,
24% Apr 19 3 2 * Feb 71
28
28
•26
♦26
28 Mobile & Ohio...........
28
*20
•20M 26* •26
: 173*D ec
{170 176 *175
1U 5167*.I an 4 §17« Oct 13[
♦175
*175
•170
•170 177 Morris A E ssex.. . . . . . . .
85 3ep
VTash. Chat. & St. Louis..
00 J'n o 1 00 J ’no 1
1 1 5*Sep
IN V, Central & H udson..
1,959 105 M ar 20 120*A ug 8
iV s * i i f t * n 5H i T dm i l l 's " u o m 1 1 5 " 11®M n s vs 115% ii« M
17%Sep
•12
13
•12
U % M ar 14 15%J a n 31
14
•It
13
13
13 N. Y. Chicago & St, Louis
1 8 * •12
*1 1
*1
1*
•00
81*Sep
75
♦60
•011
*01)
Do
1st pref
73 Fob 19 70 J a n 31
75
75
75
*00
75
*0 » 76
43 * Sep
•31
Do
2d prof
28 Mar 25 4 0 * J a n 29
*30
31
•30
•30
•30
35
31
•30
84
34
325 Dec
1320 J a n 5 §852 O ct 14
•3 5 3
*353 . . . . . . *363
New York & H a rle m ......
♦358
•353
*353
122 Mai
§120 Apr 20 125 Sep 8
N Y. Lack. & W este rn ...
185*Sep
02 §17S*Jan 7 §196* Au 18
§190* ib o * •190*' 192 ♦190 192** 1190% 190* *106" 193*’ ♦190 " l'vri" N. Y. New H aven & H art,
20*Sep
2,000 13%Apr 25 1 8 * Feb 9
14%
15
15
U X 14% N. Y. O ntario A W este rn ..
i m 14*
in *
U H M;4
00
6ft
05 J a n 28 05 J a n 28
♦55
6ft
•55
60
•55
56
*55
50 Norfolk A S o uthern ----- -17*Sep
14
♦13
•61* •13
15* •12
57 1 1* Apr 21 17 Feb 7
$14
*12* 13* Norfolk A W estern.
§11
11
14
4 8 * D oc>
423 4 2 * Mar 12 56%Feb 7
50
30
•49%
*50
Do
prof.
51
150
50
•4 S * 49
4UM mV,
22%Deo
39% 40*
4 0 * 8 9 * 39% SUM HUM
3 9 * 40% 40
40M Nor. Pac. By,, vot. tr. ctfs. 62.201 19 Feb 24 4 2*S ep 10
01%Dac
75* 75*
74% 75% 75
Do
prof. 13,133 r,6*M ar 12 7 9*S ep 6
74% 75
75H 7-1% 75
71 * 7 5 *
41 Sep
52
500 85*.Tan 7 C l* A u g 32
52
6‘274 5 3 * 151% SIM
52
52
55 O r.RR.A N. Go. vot.tr. of*.
52 Vt S8M ♦53
73*Sep
•71
•73
7ft
*7 i
Do pref., vot. tr. ot f«
6 5 * Mar 29 7 7 * Aug 31
76
75
*73
70
76
• 72
• Tho*o an- Md and a*ked prico-(, no sales on th is day.
§ Less th a n 100 shares.
t E * div and rights.
4 Before paym ent of assrat. 7 2d Instal. pd.
6SU
.......
§78
62*
04%
33
78
53
E
F
G
560*Jan
9* Aug 31
10
*
O U T S ID E S E C U R IT IE S
Bid. 1 Ask.
B t m i R a ilw a y *
N SW YORK CITY.
34*! 37
Bleeck 8 t k Ful F ~ 8 to ck .
1 s tm o rt ?p 1900.. JAJ 103 1105
B ’way k 7tb A ve—Stock. 218 220
I *t n io rt 5« 1904... J AD 14106 110
2d m a rt 5* 1914.. ..JA J (4111 '112
Ooa 6s 1948— Set Stock Kxch J tst,
B ^ ra y S u rf 1st 5vgu. 1924 115 1117
3d S*
m rental . 1905 4106
107
C atr&i CTOfsIown—Stock , 250
l i t M 6 i 1932.......MAN 4118
C in F k N k B Blv—S to ck 1, 180 185
Ooox/i 7s 1902.......JAI) { l i t
113
( G iv e n - a t
fo o t
of
7 oon- s b o o t i v e
S t r e e t U a ll'v a v * * .
Bid. Ask,
CTbtiat’p’r * 10tb St-»u»0K 100
Col& 9th Avo Os-Nw Stock Fxob 1 lit.
Dry Dock R B 4 B a tt’y—
Stock............ .................... 170 185
U tg o ld 5 b 1 9 3 2 ...J&D 3115% 110*
Scrip 5 b 1915.........F&A 1 0 1 * 102
EightD A venue—Stock. .. 350 370
108
42d & Gr St F er—8 to c k ... 300 365
42d 8 i Man & St N A v e .. 70
72
l i t in e rt 6 b 1 9 1 0 ..MAS
lie
UQ 101
2d Income 6n 1915.J&J
Lex A r t P a r F 5»~S«« 8tk
pa g es
) — S T R E E T
Bia. Ask.
M etropolitan—Scr Stock Hxch 1lit.
Ninth Avenue—Stock —
183
190
Second A venue—S to c k ... 178 180
1st raort 5s 1909. .MAN
D ebenture 5s 1909.J&J $109 1 lT
Consol. 5 b, 1 948...F&A 1HM 115
Sixth A venue—Stock....... 200 210
So For 1st 5s 191 9 ..AAO {110 114
Third A venue—See 8tock Exoh 1ifit.
28th k 29t-h 8ta 1Bt, 5b. .’90 }hom 113
Twenty^Thlrd 81—Stock. 840 375
Deb 5s 1906............ JAJ 103 106
Union R ailw ay—S to c k ... 175 197
Htreet R-n.11ways.
R A IL W A Y S ,
Street Hall Ways.
U nion Ry 1st 5 b ’42.F&A
WoBtobest 1st 5s ’43.. J&J
BROOKLYN.
A tlan. Ave., 1st 5s..A & 0
Con 5 s g 1931 ...,.A & 0
Im p t 5b"g 1 9 8 4 .....J&J
B. B. &W.E. 5a 1933. AocO
B rooklyn City—S to c k ,,..
Consol 5s 1941....... J&J
SklynCroBStnSs1908. J &J
5rooklyn Elevated (new)
i......................
B tLnH gtalat 5s 1941 A&O
& c.
H 13
?110
§ L07
5109*
95
85
220
114
105
27
57
104
Ask^
I 15
»12*
no*.
98 “
28
00'
106
THE CHRC NICLE.—STOCK PRICES (2 pages) Page 2
O c T. 22, 1898.]
8 T 0 0 K 8 —H IG H E S T A N D L O W E S T S A L E P B I O E 8 .
S a tu r d a y ,
Oct. 15.
M onday,
Oct. 17
28*
§29* 2 9 *
44*
•45
47
•80
•81
84
582*
•60
02
1 1 7 * 1 1 7 * 117
•3*
•3 *
5
43
•42
40
ee*
•05
67
•170
♦170 . . . .
■9*
* 9* 1 0 *
15*
•17
17*
37*
4 0 * 4 0*
17*
•1 9 * 1 9*
•185
•185
Oct. 1 8 .
W ed n esd a y
Oct. 19.
30
29
•27
48* 44*
84
•80
8 2 * •80
117* 117*
3*
4*
•42
43
6 7 * S64*
•170
*9*
17*
16*
40* 3 8 *
19*
18*
•185
♦28
30
•44
40
♦80
83
•00
04
117* 1 1 7 %
5
*3H
43
43
06
00
•170
*914 12
16M i8 k
3814 389,
S18M 1 8 k
•185
F r id a y ,
Oct. 21.
Oct. 20.
STOCKS.
N . Y. ST O C K E X O H .
30 Oregon Short L ine..........
$27% 27% •27
§48% 44
•44
40 T>aciflc Coast Co..............
§81
481* 82
s in
Do 1st p ref..........
59
•00 63
00
Do 2d p ref................
1 1 7 * 1 1 7 * 1179411794 Pennsylvania....................
•3%
5
*314 5 Peoria & E a ste rn ..............
♦42* 46
•4391 40 Plttsb. Cin. Chic. & St. L.
§04* 64*
00
8614
Do
pref
♦171
*171
P itts. F t. W. & Ch., guar.
*9% 12
*914 12 Pittsb. & W est., pref. . ..
1614 1694 T ) eading, voting tr. ctfs.
16% 10%
3 8 * 39% 3814 39 T v 1st pref., vot. tr ctfs
119
19
18k 1894 2d pref., voting t r ctfs.
•180
185
R ensselaer & Saratoga...
Rio G rande & W este rn ...
Do
pref
•126
•1 2 6 "
•120
• ia e
■128
•126
Rome W atertow n & Ogd.
•6
•0
7
■a
•0
*6
7
7*
•0
t. J.& G . Isl. v o t.tr. cts
7k
S
•5 5 *
13714 57k •55% 58
*5514 58
58
•5 5 * 58
Do
1st pref
: 5! * 21
•17
21
♦17
M 6* 21
•17
21
21
*18
Do
2d pref
•7 *
•7% 7%
•714 7 k
•7 *
7*
57*
■ H 7% St. L. & S. Ft., vot. tr. ctfs
m
•02
■63
03%
6214 02%
64
0 3 * a s * •83
0 1 * 02%
Do
1st pref
3914 299, •29% 30% *2914 3 k
2 9 * 2 9 « 529* 2 9 * • 2 9 *
Do
2d pref
*4*
•4 *
5
5
•4*
5
•4 *
494 494 St. Louis Southw estern..
§4*
4«
•n
11* 11 *
11%
Do
pref
11% 11%
*11 * 12*
H k U%
•21
22
•21
•21
22
22
•21
22 St- Paul & D uluth............
•21
24
♦87
•87
•87
90
90
90
90
•88
90
90
•86
Do
pref
'•170 170 ■170 175 *108 173 3t- Paul Minn. & M an....
'172 176 1171
1172 172
23%
23*
22% 22*
1 22% 23
23
2 1 * 23
2294 23 Southern Pacific Co.........
8*
m
S%
8%
8*
S1 814 8 k
*814 8 k Southern, voting tr. ctfs.
9
8*
34%
33% 33% 33% 33%
34* 34*
33* 34*
33k 83 k
Do pref., vot. tr. ctfs
13%
13
IS * 13*
13
13% 13% 13% 13k rP ex as & Pacific..............
13
13*
151 151
151 15314 152 155
152 152
152% 153% L hird A venue (N. Y .)...
* 45 150
»
28
28
28
28 *......... 28 Toledo & Ohio C entral...
28
•40 " 50
48
•40
48
•40 " 50
•40 ” 50
50
50
Do
pref
*26
•20
30
♦26
•20
30
30 Twin City Rapid Transit.
30
30
32
32
3 2 * I Tnion Pacific R y ..........
32H 3 2 * 3 2 * 3 2 *
3 1 * 32
32k
64* 85*
x83K 8 3 k
03
63
63*
Do
...p re f
6394
•m 2 85 *
2
1
1
lH
1*
1%
1
1*
IH Un. Pac. Den. & G., tr. rec
1«
•7%
*7
W a b a s h .........................
7*
7*
7% 7%
7k
•n s
7*
7k
19J4 19k 19% 19*
22% 2 0 * 2 0 * 20 * 20
pref
1944 1974 »» Do
93
9 3 * 93k •927% 9 4 *
93% 03% W est Chicago S treet.......
93
93*
9 8* 9 3 *
354 394
•3% 3 * W heeL&L.E.,4th ass’tp d
•3*
43*
3*
3*
3*
3*
3*
18
13* 18*
17
417
! *17J4 19
17k 17%
Do
pref. 4th do
18*
♦1
2
•1
2k
i n Wiscon. Cent., vot- tr.ctfs
2*
1 n
Do
pref
H I s c e l l a n ’8 S t o c k *
1108 108 1108 108 §108% 108
ns
4113 113 m o
dams E xpress..............
30
30*
30
30% A merican Cotton O il...
•36
; 3554 354* 35% 35*
3 8*
*8494 80
85
85
85% 80
185* 85*
Do
pref
•85
87
40
•30
40
♦30
38
40 American D istrict T e l...
40 ' ......... 40
132^4 SI33
^j*130 135 4182 132% 13014 133 American Express............
4131 183
30
30
30
29% 2 9 *
30 American H altin g ..........
S3014 8 0 k
29* 30*
80
79
7 9 * 7 9 * §80
Do
pref
1 19 H 799, 79% 79% 79
11
12
• 1 1 * 11*
; iii4 H% 412
n k ” k American Spirits M fg....
1' *
33
33 1 *3814 34% 34
•33
35
34% •8.314 35
•33
Do
pref
J 30
29
33
31% 3174 American Steel & W ire..
31
32*
2 8 * 2 9 * •27
8814 89
•86
87% * __ 87 s
• 8 7 * 8 ** 188* 88*
Do
pref
11214 H 3 k 111% 112* 11094 11174 American Sugar Refining
1 1 0 * 113
110 * 112
107* 107*
f 107*107% 108 108 §107 108
•1 0 7 *
Do
pref
197%
97%
198
•06
97% §98
98
08 American Teleg. & Cable.
•98
98
113 115
11414 117 American Tobacco..........
11214 11814 112% 115
114 * 118 x 111*117
115 116 5115« 118k 120 120
122 122
•115 125 *113 1*3
Do
pref
95%
90
X04%
94%
Do
dividend scrip
96
•94
9514 9514
93
984. §90
•2% 3
2% 3
29( 2%
•3
2*
2%
*294 3 Ray S tate G as.................
3*
•122 123 1123 123% 4124 124 •122 125 •122% 125 •123 125
rooklyn Union G as....
7*
8
•714
•7% 8 *
•7%
9
*7*
8*
•194 0 Brunsw. Dock Sc C. Impvt.
20 % 20 % •2 0 k 2 1 k / ‘olorado Fuel & Iro n ...
•20 * 2 1 * •20 % 2 1 %
t *10% i 9 k
' ' Do
prel
•5
5%
•5
5%
•414 514 *4% 5%
*414 ■
r 14 Col. & Hock. Coal & Iron.
172% 172% 173 175
175* 178 Consolidated Gas (N. Y.).
I 71% 172% 172% 172%
•45
48
•45
48
•4 5 k 48
•46
48
•45
•45
48
48 Consolidated Ice...............
•87% 91
•87% 91
§87
•87% 91
87
*8714 91
Do
pref
•40 .......
•40
*40 ......... •4* . . . .
Consolidation Coal..........
44
•40
Detroit G as.................
H 9% 125
•121
125 125
124* 112? * 125* Edison Elect. 111. (N. Y .)..
29
81% 29% 30
2914 299, 29% 2 9 *
2 9 k 2974 federal Steel (w heniss.)
70
71% 70
70* *1 6994 7 0 *
pref.
do
70% 70% 70% 7 0 * I Do
78% 78% 78
78* 1 *78
•78% 80
79 ; 77% 7 8 * (7 7 k 7774 General E le c tric ,..........
41}, 1 4114 4194 43
4344 44 Hawaiian Com. Sc S u g ar..
40
40% 4 ’.% 45% 44
43
•89% 98
489
89
*8914 98 ' •89% 98
•8 9 k 98 II. B. Clafliu Co...................
92% 93
19194 919,
9214 92* I lls. Steel, tr.rec. stam p’d
54
54% 53% 54 i 52
54
54
53
53941
5294 58% ntornational P a p e r....
87
•80% 87% 487% 87% 86
180
80
87
87
Do
pref
87
87
148% 4«% 47% 47%
14714 4714 448* * 8 * *4714 4814
aclede Gas (St. Louis)
193
*90
93
*90
92
93
•90
90 L Do
93
90
pref
90
90
•45
•45
52
45
52
52
•45
•45
52 Y/Taryland Coal, p re f.,,,
52
52
•45
A L innesota Iro n ..............
1 2 4 * 124* 125 1 2 0 % 120 120* 120 I2i
Tr. Co. ce- tfs, stmpd
125% 125% 120 126%
82% 3 <% 32% 32% 32% 3 2 *
3 2 * 32% 32% 83
ation&l Biscuit,
83
33%
97
97
197* 9 7 * •90
9 7 * 197
97
979,
•92% 9 7 * *94
pref
32% 32% 32
8?% •3 1 * 3 2 * •3 1 * 82
3 3 k National Lead.......
31% 3 2 * ♦32
♦108 112 1110 % 110% 4110% 1 1 0 % •107% 112 •109% i 12 •108 112
Do
pref
•3
3
4
3
3% 3%
3.94 4 k National Linseed Oil.......
3%
2
*
•5
•5
• l*
7% •5
•5
7%
•I*
7% National S tarch ................
00
•00
•60
•00
75
75
75
•00
75
Do
1st pref
, 1 * ♦ 00
15
•15
•15
20
20
29
•15
20
•14
20
Do
2d pref
•15
20
•35
•35
40
43
40
42
40
40
43 New Cent.Coal (new stock)
42
•35
•35
102
103 104
103 105
102
102 104
N.
Y.
Air
B
rake................
10314 104
103 105
•0
10 %
6*
6*
6%
6% 0%
8%
0% 0%
•614 6 k North A merican Co.........
•4%
M%
•4%
O ntario Silver....................
•4%
•4%
•4%
32% "32% 3 2 * 3 3 * *32% **32* 32
*32% 317% 8 2 *
82% P acific M all.....................
3114
• 130
'330
•325
•380
ennsyl vania Coal.........
•325
•325
103% 103* 1 0 2 * 103% 102 * 103% 1 0 1 % 102 * 102% 103
10294 103% People’s Gas-L. &C.(Chlc.
190 197% 190 199% 198 198
197 197* 190% 190? 190% 107 Pullm an’s Palace Car. ...
2
*1*
2
•l H
*1% 2
*114 2 Q uicksilver Mining.......
•5 *
6
0 " 0*
Do
pref
0
•0
8
•5 *
8
5 9 * 60% •59% 0 0 % •«o% 0 0 * •00
01
*60
01 S ilver Bullion Certlfio’t ’s
•60
61
10
50
•0
6%
0% •0
0% •6
0*
694 tandard Rope Sc Twine
20 * 27
2 6 * 2 6 * •2 0 * 27% 426% 2 0 % 20 % 2 6 * 27
2.91 r P enn. Coal Iron Sc RR ..
1- Do
pref
•6
7%
•0
7%
•0
7% *0
7%! ‘0
7% •0
8 Texas Pacific Land Trust.
•40
44
•40
44
•40
44 *40
44 §43
43
44 U nited States Express .
•40
•0
0%
•a
8% •0
nited States L eather .
0%; *6
0% 0%
0% *014 0 *
64% 6 3 * 64 I 0 3 * 04 ! 6 3 * 03*
64% 04% 04
Do
pref
0 3 * 04
38% 38% 39% 38%
, 2 S^ 3?S 38
37% 38% 3 8 * 39 United S tates R ubber....
1102
102
100 100% •100 101% §101* 101* 100% 100% §100* 101%
Do
pref
£119% • 19% -120 125 •120
125 *120 125 *120 125
§120% 120% \ \ T ells, Fargo & C o .......
9 0 * 91% 91% 91%! 91
91% 9 1 *
91
91
91% §91
9194 7 ▼esteru Union Teieg’h
W estlnghouse Elec. &Mfg
• These are bid and asked prices: no sales on th is day. I Less th a n LOO shares, * Ex dlv. of 100 p. o.
•V
2o
a'
tv*
If*
IS*
O U T S ID E S E C U R I T I E S
S t r e e t R a ilw a y s .
Bid.
8 ’klyn Q nsC o.lst 5s. 1941 £ I 09%
102*
Bklyn Rap.Tran.—See Sto ck Ex
108
Coney Island Sc Brooklyn. 280
1st 5s 1904..............J&J 103
5s certfs IndbtlOlO.J&J 101
B’k C.ANew 5s ’39. J&J £114
CJr.St-ANew latOs’OOA&O 104
G’p’t St Larim er St. 1 s t6s. 108
t-Tiiurs Co. Elevat.—Stock
s
, 9k
Bonds—See Stock Kxch. List.
Ask.
I1U%
103%
List
(G iv e n
at
fo o t
of
c o n s e c u t iv e
Bid.
70
105
90
101
Ask.
R a n g e fo r p re
S ales R a n g e f o r y e a r 1898.
o f the O n b a s i s o f i o o - s h ’r e lo ts v io u s y e a r (1897).
W eek.
Shares
L o w est.
H ig h est.
L o w e s t. H ig h e s t .
520 1 9 * J a n 3 3 7 * Aug 27 1 7 * J ’ly
279 3 4 * J ’ne 27 48%Sep 21
40 81%Oct 14 91 J ’ne 28
249 58 Aug 1: 09 Sep 17
3,168 110*M ar 12 120*F eb 7
100
3%Oct 18
5%Feb 11
300 38% Jan 5 47%May 2
1,048 57 M ar 23 71 Feb 7
§108 Feb 25 §175 Sep 8
o * J ’ne 11
9%Oct 14
12,5<‘7 15%Mar 25 23% Jan 0
20,408 80 M ar 12 54%Feb 3
0,435 1 7 * O c t 17 29 J a n 0
182 J a n 20 §186 Oct 13
22 May 11 32 Aug 23
50%Mar 15 09%Aug 27
§110%Mar20 §125*Sep28
5%Mar 7
8 * Feb 11
lu 45 Feb 24 03 J ’ne 11
13%Apr 25 23% J’ne 11
5
0 M ar 20
9 Aug 25
650 52%Mar 12 08%Aug 22
0 0 i 22%Feb 24 34%Aug 24
110
3 * J a n 24
0%Aug 10
7 * M ar 12 14%Aug 18
424
18%J’iy 0 27 Aug 11
129 78 A pr 20 90 Aug 8
8 12 3 * J a n 12 172%Oct 14
1,525 12 A pr 18 25%Sep 23
3,30?*
7 A pr 21 10 Aug 28
20,303 23*M ar 26 30%Aug 27
1,001
8%Mar 12 1 0 * Aug 24
1,850 145 Oct 13 194% Feb 10
§12 Aug 20 25 Sep 21
” io* 35 Aug 2 4 48 Oct 19
9%Dec
10%J a n 12 30%Sep 2
21,048 16%Mar 25 34%Aug 30
32,710 45%Mar 12 07* S ep 0
1 Apr
17,498
1 Oct 19 10%Feb 18
00
4*M ar
0%Mar 25
9%Aug 31
2,055 14},{Mar 7 24% Aug 31 ll% A p r
1,300 87V{Apr 25 10 2 * J a n 8 100%Nov
1,015
4%Oct 5
% J’ne
J l v 22
775
2*A pr
8 J ’ly 9 20%Oct 1
% Jan 0
1 J ’ne
3%J a n 17
0 Sep
5 Feb 5
7 k S ep 20
89 i97% Apr 29 §180 Feb 10
l,80o 15% Mar 25 3991 A uk 20
540 00 Mar 14 90-kAUK 22
22 May 13 30 Sep 1
471 §110 J a n 5 140 J ’ly 20
1,000 24 J ’ly 8 38 Aug 10
1,035 7694J’ly 5 879$Auk 10
1,738
6%Jan 20 1 5 * J ’ne 9
4C8 10 Mar 20 4 1 k A uk 25
5,100 25%Sep 14 4 3 k J 'ly 0
1,225 82 Sep 14 9 2 k J ’lr 9
173,171 10 7% Mar 20 146% Aug 20
714 103 Mar 25 110 Jan 0
20 2 §88 Mar 29 98 Sep 10
149,10*; 8 3 * Jan 24 15 3 * Sep 19
19,243 112% Mar 11 135% Aug 20
10 78 Mar 14 101 Sep 19
5%Jau 21
294Mar 21
8,93*3
45 100 Mar 20 ISSkAuK 12
200
7%Oct 4 14 J ’ne 0
870 17 Mar 12 2 0 * Jan 11
75 Ang 19 75 Aug 10
7% Jan 13
100
4 k J'lT 25
3,223 104 Oct 3 205%J’ne 9
27%Mar 25 52 Sep 2
2 8 3 * Apr 28 92 k Aug 31
40 May 17 §45 Fob 14
45 Apr 20 07 Sep 10
380 119 Apr 8 135 Jan 20
20,788 29 Oct 17 31%Oct 17
16,025 0 0*O ct 10 71 %Oct 17
3,424 76 Sen 15 84*Seu 22
1,930 159 ;Apr 22 45%Oct 17
2 1874- J ’ne 20 94 Aug 20
423 • 44%Apr 25 93 Oct 18
3,405 48 Sep 14 00 Aug 2 i
1,270 85 Sep 27 93 Aug 22
30« 37%Mar 25 54%Aug 9
305 85 Mar 12 96kAuK 8
45 Mar 28 §53 J ’ne 10
57 Jan 20 99kA ug 31
2,830 too Sep 30 120%Oct 18
1,545 30*(Aug 1 30 Aug 15
104 94V&Aug 1 99%Aug 0
000 20% Mar §16 3 0 * Aug 23
12 90 Apr 22 113k Auk lrt
3,150
2kS ep 17 21%May 23
5 Apr 25
9 Feb 10
100 00 Mar 25 80 Jan 18
15 J ’ne 29 30 Jan 27
500 40 Oct 18 43 Sep 13
3,013 14 Apr 5 120 Sep 19
3,030
4 V■Jan 15
7kAuK 23
3V’Jan 4 4 J ’ne 11
4,190 21 Apr 21 3 6 k Auk 22
§325 Mar 23 §350 Feb 25
9,677 86%.Mar 28 108 Aug 31
4,722 105 Mar 12 210 J ’ly 5
2%Jan 7
lMSep 30
400
5 J ’ne 2 7 A uk 22
56V(A pr 4 0O*Sep 8
i 82
3V,Jan 3 l Ok Aug 26
2,905 17 Mar 12 34%Aug 22
§80 A uk 17 §80 Aug 18
9kA u g 19
5 May 27
25 38 Apr 14 £45 Feb 9
500
Si.(A pr 25 8%May 21
3,035 534 Mar 20 74 k Aug 22
4,235 14 V{Mar 12 48%Aug 17
710 00 Mar 12 109% Aug 17
20 §112%Mar 5 §125 Aug 31
3,861 82 */M ar 20 95%Aug 17
0 3 * Sep 29 § 08%-*ep
In bouds. I Lowest is ex dividend.
pa g es
S t r e e t R a ilw a y s .
! Citizens’ St (ln d ’napj-8ef
Cleveland City Ry............
Clevel C ab-1st 5s ’09. J&J
Cleveland Electric R y ....
New W mb’g&Fl 1stex.4%*
108
Con 5s 1913.......... M&S
NY&Q u s Co 5 b 1040. A&O
105
8tein w ar 1stBs 1928. J &J £118 115 i Columbus (Ohio)—Stock.
Con 5s 1032............. J&J
O TH ER CITIES.
117
1 Crosst’w n-l8t5s’33J&D
Balt Consol—Stock—See Balt L 1st
Consol T ract’n (N J ) —See
106
Bridgep T r - ls t 5s *23. J&J £100 105
Buffalo S treet Ry—Stock.
7 9 k 8 0 k Lake St (Chlo)Elev-8tock
1st 5s 1998..............J4.1
1st consol 5s 1931. F&A *113% 114
3%
Crosstown 5s 1932M&N §110% I 10* Loulsv St Ry—5 p c bonds
10k
Common...........................
Chicago City RR -Stock.. 289 202%
H tr e e t R a ilw a y s .
Nassau Elec p re f..............
5s 1944....................A&O
106
829
).—
Bid.
P hil a
70
£102
79%
£104
S i*
98
100
Phlla
74
£113
34
S 3 * Aug
119 Sep
8 * A ug
39%Dec
70%Oct
172% Aug
12 Sep
29%Sep
57*Sep
35%Sep
185 J a n
25%Sep
61%Deo
122%Dec
9*Sep
54%Dec
20%Sep
9 Aug
59*D eo
27%Deo
7 Aug
14*Sep
30 Sep
87%Oot
125 Aug
23%Sep
12%Sep
38*Sep
15 Aug
173 Deo
20%Oct
14*D ec
ll* S e p
9 * Sep
24*Sep
112 Aug
6% Jan
29 J a n
4*A up
8 Sep
147%Feb 105 Oot
9%May 26%Sep
5 2% Feb 80%Sep
21%Dec 27 J ’ly
10 9%J a n 119%Nov
0%Nov
15 Dec
15%Aug
30 Aug
109%Mar 159%Sep
100%.Jan 121%Sep
85% Jan 94 J ’ne
07% Feb 90*A ug
100 Feb 115 Aug
3%Oct 16%Ai:g
85 J a n 137 Sep
15%J’ne 27%Sep
70 Nev 85 May
7 * Aug
3%J ’ne
130%Jan. 241%Sep
28 Nov 41*J*ly
80 J ’ue 90% J’ly
35 Feb 37%May
20 Jan . 60 No v
101*Jan. 132%Sep
81% J’ly 101%Oct
29%Apr 50 Aug
22 May
70%Mar
40 J ’ly
88 Apr
49*A ug
90 Aug
52 Deo
00 Aug
21%Feb
8 8 * Feb
10 May
3 May
51%Mar
8%Apr
44 Sep
i09*S ep
23%Aug
•13 Aug
90 Sep
45 Aug
22 Dec
3*A pr
3% Nov
24 Jan.
830 Deo
91 Nov
152 Jail.
l% J ’ne
8 Apr
51*A ug
2 * Dec
17 May
05 Apr
0 Apr
37 Feb
6%Mar
50 Apr
10 J ’ne
50 J ’ly
97 Jan.
75*M ay
31%Aug
6%Aug
1 0 * Jau
39%Sep
340 Mar
97*D eo
185 Sep
4%Aug
13 Aug
05%Jan
ll* J a u
S5*Sep
80 J ’ly
9 Aug
48 J ’ly
10% Aug
72 Sep
25%Jan
70%Jan
20 Dee
90*Sep
tU nstam ped.
STREET RAILWAY'S, Sc
Ask.
list.
74
103
81
106
53%
101
102
list.
13
78
89
Bid. Ask.
S tr e e t H a llw a y s .
Loulsv 8t Ry—P referred. 96 100
Lynn& B os-ist 5s ’24.J&D £104 100
2*
M etrop W est Side (Chic).
01
60
1st 5s 1942............ F&A
MInneap St R y-5s’19.J&J £ 98 102
New Orleans T r—C om .. ..
1%
,?*
8
75
Notes 8s 1904 ....M & N
North Chicago—S to ck .... 215 217
1st 5s 1906-16.........J& J £104 105
10% 12
No Shore T r (Bost)-Com.
78% 60
£ Buyer pays accrued intere st.
THE CHRONICLE.—BOND PRICES (5 pages) x aqe 1-
830
P ric e
F r id a y ,
BONOS.
cm. 21,
X .T.SfTO C K E X C H A N G E i f
W k i »k K io u x o O c t . $ 1
\
Wask*t i'5 'e
R a n g t o r jg©
L a s t Bale. t a 5*
Range
fr o m
J a n . 1.
BONDS.
! ?*§«
N .Y . ST O C K E X C H A N G E | X
W e e k E n d in g O c t . 21.
A s k , Com. H ig h , jN o . Low . H ig h
P ric e
F r id a y ,
Oct. 21.
[V o u
W eek’s
Kange. o r I f
L a s t Sale.
LXVII.
M ange
fr o m
Jan. 1 .
R id . A s k . L o w . H ig h . N o. L o w . H ig h
Ches A Ohio—(Con.)—
Gen gold 4U »............... 1902 M - 8
85% Sale
85 ii 184 73% 90
98%
R egistered..................1992! M - 8
98% Aug’98 ...• 91
Mid m « t i g,.,10il8 M-N
104
R
A
A
Dlv
1st
oon
g
4s.
1989.
J
J
104
O
c
t’08
99 105%
Albany 4 SUa*?.
I> JSt
95
2d con g 4»............... 1989 J - J
95 O ct.’98
90
95
Allegheny Vul. St* Penn Co.
Craig Valley 1st g 5 s.. 1940 J - J
95% M ay’98 !!!! 95
99%
Am pock A 1. 8*4 Con o f M J .
81
89
W arm Spr Val ls tg 5s. 1941 M -8
88
88
89
Ann A rbor la t g 4a....,.1905'Q -- Jt) 88
S5
90%
Ella Lex A B 8 gu g 5s. 1902;M - 8 101% Sale 10 i
08% 93 T*
97% 104
io iii
93% Sale
A te h T A 8 F e g e a g 4 a ,1 9 9 5 ’A - 0
8 9 « 89% Ohio A A lton sink fd 0s. 1908 M-N U l % ......... 111 Sep.’Ow
8994 M or’98
*111 113%
Heart *t«red............. A- O
539* 73%
Lou. A Mo Rlv 1st 7s.. 1900 F - A 106 ......... 108 J ’ne'98
71
72
107 111
A djustm ent g 4 j.....,1 0 0 ft Novt 73 Sale
2d 7s.............................1900 M -N 108 ......... 107 J ’l y ’98 .... 107 107
lUnflftcred ............... 1995 Novt
MUs Riv B 1 s tBfg0s.. 1912 A -O 100 % .......
Equip 11 *er A g ft#. ..,1 9 0 9 J - J
Chlo B url A Nor. See C B A Q.
Chic A St Louis t t i 6a. 1910; ML- 8
Chlo Burl A Q -C o n 7s.. 1903 J - J 110% Sale 110% 110% 2 2 | 118% 118%
Au A t Bklyn Imp g fta.. 19841J - J
95
90%
Sinking fund 5s............1901 A -O 102 ..... 105 Sep.'SlS
103% 107
9SH Sop.’98
A tlsn A Dsuir 1st g 5 e ..l9 5 0 :J - J
D ebenture 5s................ 1913 M-N 110% 111% 110% 110%
8 1 04% 111
A tlan ta A Chur. S t* Sou Hr.
Convertible 5s...............1903 M -S 110 ......... 113% H 8H4
104% 121%
Austin A N W. See So. Pac.
Iowa Dlv sink fd 5 s .. .1919 A - O 106 ......... 11 i A ng’Oa
109% i n
at Crock A S. St* M idi Con
B iill
4 s ..................................1910 A -O 102% 104 102 Aug’98
100 118%
112
112
98 104
A O 1st 0a Pkbg B r.’lP iA -Q
111% 115%
D e ar Dlv 4 s.................. 1922 F -A 102 ......... 102
102
97 103
, 115 U4V* Oct.*98
T ru st Co. c tf a o f d o p ...... I........
80 U 8%
115 OotJOS
I s , , ..................................1921 M -S
9 9 % ......... 100 O c t '08
Sold 5s . . . . . . . . . 18S&-19aftiK-A
99 100
Chlo A Iowa Div 5» ..,. 1905 F - A 105 107
Coupons affJM ...................
N ebraska E xten 4 a .... 1927 M-N 103% Sale 103% 103%
95 1139*
1UW Aug'98
Keg Istored...... 1888* 1980 F - A
90 115%
R egistered..........
192 7 M-N
97 M ay’ll*
1145* 114%
Speyer A Co. co rtf of dop . . . . . #,.18
Han. A 8t, Jo s oon 0s,, 1911 M -8 120 ...
120 Sep.’OS
T ru st Co Ctfs o f deposit.. I. . . . . *118
Chic B ur A Nor 1st Ss.1920 A -O 107% 100% 108% O c t’98
97** 118%
118% Sop.T98
Consol gold 5 s ... . . . . . . 1988 F - A
103 no?* Chio&Blll—1st af cur 0a, 1007 J - D 116% 117% I I m Sep.’OS
110 A ug'98
R egistered. . . . . . . . . . . 1988 F - A
S m a l l . .. ,. ......................1007 J - D
97 118
118
118
J P >1 A Co ctfs of dep. . . . . .
1st con g 0 s....................1934 A -O 128 130 132 A ug’98
• 122 182
T r a i l Co c crtfe d e p n i t . .
ll
General con 1st 5 e ....1 9 3 7 M -N 100 109% 108
'84* i o i
09 * Sep.*'98j •
B o ltB 'lt U tg 5 e m titu .1 9 9 0 .M -N *100 .......
108%
O' 101% 108V(
R egistered .................1937 M - N ......... 100
«• 101 106Vl
W V a A P 1st g 5 s .... .1990 A - 0 ...................
102
%
....
C hlc& lndC Ry 1st 5s. 1930 J - J
• • 100% 109
105 Sep.’98
Monon R lr 1 s tgm g5s. 1919 F - A ....... . . . . . .
09 107% Chicago A Erie. See Erie.
Cen Ohio R la ic g 4%*19S0 ;M- S | 107% Sale 107% 107%
75
75
Chlo Lnd A Louisville—
75 Oct.'9S
Col ACln M 1st e x t 4 Vsa 1939 J - J * 70
Louigv N A A Ch 1st 0s..’10 J - J 115
105 105
114 O c t’98
Ak A C J l a tin tg u g o s . 1930 M-N .................... 105 Aug'98
Chic ln d A L re f g 5 s .. 1047 J - J
91% .
100 105
01 Sep.MIS
Coupons off............ . . . . . . . ......... 102% . . . . . . 105 Aug’98
104% 105% Sep.’OS
R efunding g 0s............ 1947 J - J
107% J ’l y ’98
105%107%
**1114 A Con 1st g 4 s ... 1940 J - J
98% 105
Cbic Milwaukee & S t P a u l—
105 Oct.'9S
BAO 8 W ls tg ii g4%s. 1990 J - J 104% .
:59 ....... 159% 1593*
70
82
80 .
1st 7s f gold R D.........1902 J - J
82 Sep.’9S
140 159%
BAOSW R yoong4% s 1993 J - J
1st 7s £ gold R D ....1 9 0 2 J - J 159 .......
27
27%
27% J ’ne’98
1st In cg 5a aer A . . . . 2043 Novt
0 Sep.’98
Series B ........... ......... 2043 Dec!
m 1 st Iow a A D 7s.......... .1899 J - J 159 .......
Is tC AM 7s..................1903 J - J 159 .......
B A G S W T er Co gu g 6s.*42 .71-N
1 5 9 % 159a*
105 A ug’98
104% 105% Chic MU A St P con7s. 1905 J - J
Ohio A Miss 1st con 4a.l947 J - J 102
1st I A D Kxten 7 s... .1908 J - J 100 Sale
122% J ’ly ’98
120 122 %
2d consol 7a.............. 1911 A - 0
1st Southw est Dtv 0 s .1909 J - J 118% 120
103
108
102%108
1st Spr’gtleld Dtv 7s. 1905 M-N
110 110
1st L a Crosse A D 5 s .. 1919 J - J ♦114 .......
1st general 5s.. .....1 9 8 2 J - D
! 14% 121
1st So Minn Dlv 0 s ... ,1010 J - J 110 % ...... 119% 119%
Beech Creek. Set N Y C A H .
1st H a st A D Dlv 7 s... 1910 J - J 129%130%
Bel A Car. See Illinois Cent.
5 s ................................1910 J - J
S o o n er Bridge. See M K 4 T .
isao"’ *.” "!
Chic A Pac Div Ob.......1010 J - J
Bway A 7th Av. See Met S Ry.
89%
Chic A P W ls t g 5s..., 1921 .1 - J 117% Sale
Bklyn K1 T r Co of Istg6fll924
80%
90
80 J ’ne’98
Chic A Mo Riv Dlv 5 b. 1926 J - J U 4 % ........
T r Co Ctfs 2d g 5a....... 1915
Mineral P o in t Div 5 s..l9 ! 0 J - J 110 ........
08 May'98
3d [natal p d ................... .
Chic A L Su Div g 5s. .1921 J - J 1 1 4 % .......
70% D ec'07
8 A BBTCocf* 1 st gttg5s'42
Wis A M inn Div g 5 s .. 1921 J - J 1L 5% .......
3d instal p d ................. ..
92
Term inal gold 5 s . . . . . . 1914 J - J 114 .......
91
91%
Un E lT rC o cfa lstgug0s*37
, 104 % 103% 104
F ar A Sou assu g 0 s .. .1924 J - J M25 . . . . .
Bklyn Rap T r g 5 s . . . . . . . 1946.
Cont sink fund 5s....... 1916 J - J
114
114
Bklyn City 1s t con 5s 1910-41 J - J
Dak A G t So g 5s.........1910 J - J i l l
109 114
Bklyn A Mont&uk. St* L Ial.
Gen gold 4s series A. .1980 J - J i 100 Sale 1053* 106
102 107
B runs A W est 1 s tg 4a.. 1938; J - J
104%105%
R egistered.................. 1989 Q-JS
Buff N Y A Erie, S u Erie,
105% Feb.’O*
120 122%
Mil A No l a t M L 0 b. . 1910 J - D 120
121 OcL’98
Buff R A P gen g 5 s.......1937 M -S 106% 107% 100% O c t’98
104% 108
1st consol 6s............... 1913 J - D 121 125 123 O c t’98
117 123
D ebenture 6 s...............1947 .1 - J
127 M ar’08
Chicago A N orthw estern—
Roch A P itts 1st g 0s ..1921 F -A 120
127 127
Consol 1st 0 s............. 1922 J - D 124
Con 7 s ............................ 1915 Q - F 143% Sale
123 Aug’98
122 124%
U 0%
Cl A Mab le t gn g 5s. .1943 J - J 121
108 Apr* 97
.
O c t’98
Gold 7 s ...........................1902 J - D 115
112 % il6 %
R egistered.................1902 J - D
114% S ep.’OS
Buff A Southw est, See Erie.
Sinking fund 0s.. 1879-1929 A- O 117 119 117 O c t’98
ButTASusq 1st gold 5s.. 1913 A- O
115 JT y '0 8
R egistered.......... ......1 9 1 3 A -O
R egistered....... 1879*1920 A -O
112
Bur C H A N 1st 5 s.........1900 J - D 107& ...
Sinking fu n d 5s. 1870-1029 A -O 100 i 16 108% Ocf ’98
107% 107M
104%109
no
Con 1st A col t r g 5a.. .1934 A - 0 107% ...
R egistered....... 1879-1929 A- O
107 Oct.’08
107% J ’L 98
100 109%
R egistered..................1034 A - 0
Sinking fund deb 5 s ... 1938 M-N 120
111 120%
120 O c t 98
R egistered.......... . 1933 .11-N 120
M A St L 1st gu g 7 e .. 1927 J - D
117 M ar’08
110 %
25-year debenture 5a.. 1900 , N HOW 111« 110% O c t’08
108 D ec’07
0 K 1 F A N W 1st g 0 s ..'20 A - O
1st sold 5 s...............,...1 9 2 1 A -O 10414 ......... 105 .Tan.,98
R egistered ............... ,1909 M-N
109% M a r’9H
105 105
112
anada South 1st 5a... 1008 J - J 10994 110 100% n o
80-year d ebenture 5s. .1921 A - 0 1 15 m u 118 Sep.’OS
107%111%
C 2d 5s........ ................ ,1013 M -S 1085* 108% 108% Oct.’98
R egistered.................. 1921 A - 0
1179* Feb/OH
105 111
R e g iste re d ................. 1913 M -S
Extension 4 s ... .1886-1920 F- A 105 ......... 105% 105%
100 Jan.*9r'
Oarb A Shawn. See Ilia Cent.
R egistered.......1886-1920 F - A
103 J ’ne’Of
C arthage A Ad. Ste NYC A H.
Gen gold 8%s................ 1987 M-N .........103
O c t ’98
R egistered.................. 1987 Q -N
O B U P AN. Ste B O R A N.
Central Ohio. See Balt A O.—
Escan A L Sup 1st 6s.. 1901 J - J ' 100% ......... 1079* May’98
Can RK A Bkg Co of Ga.—
Des Mo A Minn 1st 7s. 1907 F - A
Collateral gold 5s.........1937 M-N
Iowa Midland 1st 8 s ... 1900 A- O 108 Sale J 08
92% J ’n e’98
108
87
93%
W inona A S t P e t 2d 78.1907 M -N
Cent of Ga Ry—Ia tg 5 s ..l9 4 5 F-A t 110
114% J ’ne’98
114 119%
Mil A Mad 1st 8 s.........1905 M -S
Registered .................1945 F-Af
Jan . ’us
Consol gold 5 a ............. 1945 M- N 89% Sale
O ttC F A 8 t P 1st 5s.. 1900 M -S '108% .........
M ar’93
80%
80%
84% 92%
R eg iste re d .................1945 M-N
N orth Illinois 1st 5a... 1910 M -S 108%
A pr.’9 8
37
l i t pref Income g 5a. ..1945 Oct.i
3ft% Oct.’98
O c t’98
55% 44% MU L 8 A W l s t g fts. .1921 M -N 130
2d prof Income g 5 s.... 1945 Oct,
12
Convertible deb 5 a .. 1907; F - A
108% 105% F e b ’97
10% Oot.’98
15%
10
8d pref Incom eg 0 s ,...1945 OcLi
119 118% 118%
5%
E xt A Imp s f g 5 a ...l9 2 9 |F - A
4% Sep.*98
4% 8%
M AN Dlv 1st g 5 a ..., 1940 J - J
91% .
92
Mlcb Dlv ls tg o ld 68.1984 J - J IBUtf
92
134 M ar’O*
92
01
90 .T’l y ’08
Ashland Dlv l s t g 081925 M -S i s n *
Mobile Dit 1 s tg 5 s .... 1940 J - J
133 May’08
95% 99
Mid Ga A Atl Dir S s ..1947 J - J
Incom es......................1911 M-N
80% Sep.'08
112 A pr.’93
80% 80*
Cent Of N J —l a t oon 7 a. 1899 Q- J ! 1 02% ....... 108% Sep.'OS
108 104% Ohio Hock I A Pac 0 s .... 1917 J - J 132 Sale 131% 132
R e g iste re d ............... 1917 J - J 131
l i t convertible 7 s.......1902 M-N ’USX ........ U 2% Sep.'OS
130 A ug’98
(U2% 112 %
Convertible deb 0 s— 19081 M-N
General gold 4 b.............1988 ;J - J 104% Sale 104% 1049*
110 U 2%
I 12% J 'l y ’98
General gold 5 s .. .. .. . 1087 J - J U Su Sale 1183* 114
R egistered..................1988 J - J
104 Sep.’9 3
109% 115
. .. .
Des M A Ph D list 4», .1905 J - j
R e g i s t e r e d . 1987 o - J f n u
04 *
I I l->.i Oct.’9 8
1108$ 114?
949*
949*
100
1st 2%a...................... 1905 J - .j
09 Oct,'98
70
Leb A WB C oon an7*.1-900 Q-MI
1 97 108)
70 Feb.108
Extenaton 4a............ 1995 j
91 J 'l y ’«8
5 s .....................
1912 M-N ......... 05
03
88 M ar’97
; 00
Kook
A
Des
M
1st
5s,.
1923
A
O
Am Dock A Imp Co 5s. 1921|J - J ♦113 ....... 114 Oct. *9$
100
116
108% A ug’98
^110 lif t
N J South In tg n a r fls. 1899 J - J
Sm all.............................
A -O
100 A p r ’07
Centra'. P a d Ho—
Chic A St L. See A t T A 8 F.
Bpayer A Co ctfs dp A. 1898:........ 103 .
103
103
Chic 8 t L A N O. See III Cent.
108 108
Bpejor A Co Ctfs BCD. 1899 ........ 103 .
Chlo S t L A Pitt*. Ste Pa Co.
103 Feb.'OB
108 108
Bprjrer A Co ctfs dot* *\1900 ........ 103 .
(7btc S t P M AO con Os.. 1930 J - l) 185
186 O c t’98
103
.
Bpeyer A Co c tf P G H ’. l t f O l ........
Ch St P A Min 1s t 0s .. 1916 M-N 135
135% O c t’98
San Joaquin Br g 0*... 1000 A-O! 102% .
102% Qct ’98
Nor W isconsin la t 0 s..1930, J - J
G uaranteed g 6 t . . ........1939 A - 0 . . . . . . . . . . .
8t P A S City l s t g 08.1919 A - 0 130 132%
4 120 132%
Bpeyf-r A Co eng c ts ....................I ...................
Chic T er T ra n s fo rg ls . .1047 .T - .1 90% Sale
336 79% 90%
Land g ra n t gold 5 s . . . . 1900 A -O iU 0 8 ....... 102 M ar'98
Ch A W est l l s t s f g 08.1919 M -N
100%102
C A O D ir e x t g 5 s .... 1918 J - J ................. 101 J a n /0 8
General gold 0*............1932 Q- D
117% 122%
121
101 101
W estern PariflC g 0 s .. 1899 J - J *1081*....... 103% Got,’98
Chic A W eat Mich Ry 5a. 1921 jj - D
101 104
No o f Cal 1st go g 0 s., 1907 J - .1 ..................
Coupons off...................1021 . . .
G uaranteed gold 5s. 1938 A -O 100 Sale 101% ioi‘% ’V7 100 103% lin H A D con a f 7 a ... .1905 A -O
CbarJas a 8 bv t« t g 7 s .. 1030 j - j . . . . . . .. .
2d gold 4% h..................19371.1 - J
Che* A O -g . flaser. A ... 1908 A-Ot I 10H 118 iVs** Oct*'981!.*!! 118 120%
Gold 0
s
.
1911 A-Ol: U S 121 113% O ct,‘08 ... 115% 121%
See
. .. .. .
117
Tin S A C . S M C C C & St L. (
117
.....................
I I 111 117
R e g is te re d ,...,.........1930 M-N * ... l i d 1116
City A S Ry Balt, 1at g 5s. 19221J - D
lif t
81 113 110
k ron A Chte Joe. See BAo.
A lAb*m*
C«utv St* £kmHrJ
B id ,
j
70 95% 103%
97 128
97%
119
105
110%
114%110S
100% J'ue’ii'v
112
115%
80
92
90 107
152% Apr.
Sep.’OS
141
*98
160
160
117
Aug’98
110 Mar
3H
120%
Oct,’98
109 J’ly’98
Oot'97
118%
117%
117%
115%
115%
107
Mar’98
112
Apr.’98
115%
Oefc.’OS
113%
1133*
127%
Jan.’9t>
100%
May’97
112 Sep.’98
i s
79
80
08
80
91
112
94%
86
08
94
106?*
115
137%
152%
140
144
138
159%
139%
160
116 119%
128 130%
118* *117%
121*'
111
110^117
107
HO
112 115%
113%
111
111
127% 115
127%
138 145
113
124%
113%
115
114
100
107% 107%
117 119
107%
109%
10»%
118
117%
117%
107
104
103
108%
99 108
106 107%
108” 108”
117
117
109
109
105
105
132% 137
118% 134
118%
133
133
135
112
113
127%
138
1.27%
131%
102%
106%
103%105%
85
95
09% 70%
108 109
120%
138
138 180
130%
130%
80% J’ne’9?
90%
106
120% Aug’98 ....
119
Oct.’97
108%
Oct’97
Cla
D
A
I
lat
go
g
5s.
.1941
M-N
107% 111%
1119*
...
111%
Oct’98
118tL AC. CO CASt L.
* Nu price Friday; t hate »ro Utwt bid and Mked thla week, t Bonds duo July, t Bonds due Nov. l>;Honda due June. T Bonds due Jan. 5 Bauds due May.
OUTSIDE SECURITIES
g trari R hIIwim-*!.
(G iv e h
(jm Hecu rtff
at
toot o f
7
c o n s e c u t iv e
pa g es).—
G A S S E O U R IT IE S , e tc.
Aak. Gan Sncii rltles. Bid. Auk.
Gas Securities. Bid. Ask.
A m sterdam Gas, Com.
ProT A Paw t*ck-lat5a '33
26
110
I
1st12% N.Pref.............................
26% Brooklyn Union (Con.) —
Exch
Rtobro RyAEleo-l«t5a*20
75
04
0914
12
lnt
con 5a—N
Y Stock
Exch. 103
5 a ... ........... § 99% 100
80
12 101
B oche^'er Ry.
95 06 | N lYa tAconaol
Williamsburg
Gas—lat
0a $102
E a st R iver Gas—
O n 5s 1 9 8 0 ....... A AO
OTHER
CITIES.
Scranton T r * e iio m ...,.5 0 |t.,..,.
1st 5a 1944...............JAJ 111 113
NEW FORK.
Baltimore
Conaoiidat
—Se e Balt. Lilt.
Consol 5» 1945....... JA J 108 109
Central Union Gas—
to - S t * Philadelphia Li 1st
Bay State Gag—N
V8tock
80 Side El (Chic)—Stock. 78%
la t 5# 1927..............JA J § 101 % 103
Nor Un—
1st 5*1927..............MAN
Twin City B T r—
90
95 , Boston UnltedGaa Bonds- -Bosto nXilrt
Con Gas (N T )—Stock—N V 8tk
Standard Gaa—Common,. 124 126
C o m m o n s t o c k Z x'cb. Ha t
Deb 5? 1 9 0 8 ...... .MAN 100 110
Buffalo
Gas—Stock..
PraferT^l ........................ 102 104
E q o lt Q««...........................
150 i
let 5bCity
194?..........A
AO $ 21«
04 84M
72
l a t 5§ 1930..........MAN $115 118
1st 0s 1 8 0 9 .......,FAA flO l
tfn ’d TrAlSecf ProT)-St'k ■ 70
102%
Kurltnaton
(IniOas—stek
BROOKLYN.
W ait (Thlr--4go a t . . . I
<>3
; Con. 5a 1932.......MAS |111 110
«8H
Charleston
(8
C)
Gas...25
t
.......
Oon \994 . . . . ...M A N 'I 95
I M utual Gas......................... 300 810 1 Brooklyn Uo Gas—N Y 8t OCk E xoh 1
{And Interest, fPrlce per ah are18
Bid. Aak. i
08
W est E n d —3m Boston
W orcester (Man«)Tr-Com
Preferred
THE CHRONICLE.—BOND
O c t . 22, 1898.]
BONDS.
N. Y . ST O C K E X C H A N G E S t
W e e k E n d in g O c t . 2 1 .
P ric e
F r id a y ,
Oct. 21.
W eek’s
■ s*
R a n g e or
L a s t Sa le.
B id . A s k . L o w H ig h . N cT.
Clearfield & Mah. See BR&P.
.
C lA k A C e q A 2d g 0 s..1980 F - A
70
74*
7 4 * Sale
Cl k Can 1st 5s tr r e c ...l9 1 7 J - J
82 J ’n e’98
C C C & St L—Gen g 4a..1993 J - D
9 1 * Sep.’98
Cairo Dlv 1st gold 4s. .1939 J - J
99*
9 8 * 99* 9 9 *
S tL Dlv 1st col t r g 48.1990 M -N
9C M ar’98
R egistered................. 1990 M-N
Bpr A Col Dlv 1st g 4 s. 1940 M- to
87 A ug’98
W W Y al Dlv 1st g 48.1940 J - J
95
95 Oct.’9S
Cin W A M Div I8 tg 4 s .l9 9 1 J - J
1 0 1 * Oct.’98
102
Cln I St L & C l s t g 48.1930
R egistered .................1930
Consol 0s....................1920
114 OcL’97
Cin 8 & Cl con l s t g 58.1928 J - J
1 0 7 * Feb ’97
Ind B1 A W 1st pf 7 a ..1900 J - J 105
O Ind & W 1st pf 5 s... 1938 Q- J*
74
75
Peo & E ast 1st con 4s. 1940 A - O 75 Sale
12
19 8ep.’9S
20
Incom e 4 b................... 1990 A p r
104 Aug’98
C lC C & ln d l s t s f 7 b. .. 1899 M-N ■104
1 3 5 * J ’l y ’98
Consol 7 s . . . . ................ 1914 J - D 130
Consol sinking fd 7 s ... 1914 J - D 130
1 2 7 * May’98
General consol gold 0s. 1934 J - J
R e g iste re d ...............,1934 J - J
C&8 1st M C C C & 178.1901 A -O
100 O ct.’08
Cl Lor A Wh con 1st 5a. 1933 A- O 105
Clev k M arietta. See P a RR.
,
121 Sep.'98
C ler k M ahon V al g 5s.. 1938 J - J •121
R e g iste re d ................ 1988 Qu-J
Olev k P itts. See Penn Co.
50
58
58
58
Col Midl’d—l s t g 2*3-48.1947 J - J
0 5 * 73
0 7 * Oct.’98
1st g 4 b...........................1947 J - J
Col k 9th Av. See M et Sfc Ry.
Colum k Greenv. See So Ry.
75 Oct.'97
Col H V k Tol—Con g 5b. 1931 M- 8
7 8 * Sale
7 8 * Oct.*98
J P M k Co eng cfs $05 pd.
61 Feb.’98
General gold 0 s............1904 J - D ......... 54
General lien gold 4s. ..1990 J - J
R egistered .................1990 J - J
Col k Cin Md. S e e B k O .
Col Conn k Term . See NAW
Conn k Pas Rlvs 1st g 4 b.’48 A -O
ak k G t 8o. See CM A 8tP.
D alias
* Waco. See M KAT.
122 A pr.’98
Del Lack & W estern 7s.. 1907 M- 8 123 .
120 J ’l y ’98
Syr Bing k N Y lst7 s.l9 O 0 A -O *123 .
1 4 1 * Oct.'98
Morris k Essex 1st 7s. 1914 M-N *142 .
107 Sep.’98
7 s ................................. 1900 J - J *100 .
7s....................... 1871-1901 A -O 109 .
1 0 8 * 108*
139 J 'n e ’98
1st con guar 7 b.........1915 J - D •140 .
140
.
R eg istered ..............1915 J - D
N Y Lack k W 1st 0 s ..1921 J - J •1 3 5 * .
137 Sep.’98
1 1 8 * Nov’97
C onstruction 5a....... 1923 F - A 110 J
108 Aug’98
W arren 2d 7s................ 1900 A- O
P e l* H od 1st P a Dlv 7s. 1917 M -8
140 Sep.’OB
143 May’97
R egistered..................1917 M -8
125 Aug’98
Alb A 8 .8 l8tco n g u 7 al9 O 0 A - O
R egistered..................1900 A -O
Gold 0s....................... 1900 A -O • l i e
110 O ct.’98
.
R egistered...............1900 A -O n o
Rens k Sar 1st 7 s........ 1921 M-N 147 .
147 Sep. ’98
141 May’98
R e g iste re d ................1921 M-N 1 4 3 * .
Del Rlv KR Bge. See P a RR.
Oen Con T r Co l s t g 5s.. 1933 A -O
Den Tram Co con g 08.1910 J_ - J
Met Ry Co 1st gn g 6s. 1911 J - J
Den & R G r is t gold 7 s .. 1900 M -N 111 ...
110* Sep.’98
1st con g 4s................... 193*i J - J
97
97* 97*
97*
1 0 0 * 1 0 0 * 1 0 0 * O ct.’98
1st con g 4 * s ...............1930 J - J
Im provem ent gold 5s. 1928 J - D
9 5 * Sale
95*
9“
Des M k F t D. See C R * I P.
Des M A Minn. See Ch k N W.
DesM Un Ry 1st g 5s. ..1917 M -N
102 Oct.’98
DetMATol. See L S * M So.
Det * Mack ls tlle n g 4s.l995 J - D
Gold 4s.......................... 1995 J - D
Dul k Iron Range 1st 5s. 1937 A -O 1 0 5 * 1 0 0 * 1 0 6 * 1 0 0 *
R egistered.....................1937 A -O
2d Hen mortgage 0 s ... 1910 J - J
Dul Red W A S l s t g 5s. 1928 J - J
9 2 * Feb.’98
Dul So Shore * A t g 5s. 1937 J - J
112 *
112 *
ast of Minn. See StPMAM.
E a s tT V a & G a . Sw .SoRy.
H U Lex A B B . See C A O.
Jim Cort A No. SeeLehANY.
I r l e 1st e x t g 4 s.............. 1947 M-N 114 1 1 4 * 113 J ’l y ’98
!i.2d e x t gold 5s................1919 M -8 1 1 8 * ...
119* Aug’98
8d e x t gold 4 * s ........... 1928 M -8 1 1 2 * ..,
112* Sep.’98
4th e x t gold 5 s............ 1920 A -O 117
117 J ’n e’98
5th e x t gold 4 s............ 1928 J - D 104
104* J ’ne’98
1st consol gold 7 s....... 1920 M -8 143
143* Oct.’98
1st consol gold fd 7 s.. 1920 M -8
140 May’98
Long Dock oon gold 0s. 1985 A -O 180
) Sep.’98
Buff N Y A E rie 1st 7 s.l910 J - D
1 J ’ne'98
Buff A 8 W gold 0s. ...1 9 0 8 J - J
S m a ll............ .....................J - J
Jeff RR 1st gu gold 5s. 1909 A-O] 100 .
106 Feb.’98
Chic A Erie 1st g 5 s ... 1982 M-N 1 1 2 * .
112
112
Coal A RR 1st c gu 0s. 1922 M-N
Dock A Im p 1st cur 0s. 1913 J - J
N Y A Green L g u g 5s. 1940 M-N
107 Sep.’98
Sm all.. ...............................
Erie 1st con g 4s pr bds. 1990
9 0 * Sale
90
90*
R egistered..................1996 J - J
1st eon gen lien g 4s__ 1990 J - J
0 9 * Sale
09*
71
R egistered.................. 1990 J - J
N Y S A W—1st ref 5s. 1937 J - J
, 108T 107 Sep.’98
2d gold 4 * s ................1937 F - A
9 2 * Aug’98
General g 5 s . . . . . . ...1 9 4 0 F - A
85
82
85
Term inal 1st g 5s— 1948 M-N 111
111 Oct.’98
R egis$5,000 each. 1943 M-N
W llkA E aslstg u g 5sl942 J - D
, 98
9 9 * 8ep.’98
Mid RRofN J l s t g 081910 A -O
■121* 1 2 0 * Aug’98
■scan A L Sup. See C A N W.
V ureka Springs 1st g 0s. 1938 F - A
05 Nov’97
| t * T H 1st con 0s....... 1921 J - J
121 Oct.’98
1st general gold 5 s .... 1942 A -O
9 4 * 95
95 Oct. 98
Mt Vernon 1st 0 s.........1928 A -O
Bull Co Br’ch ls t g 5s.. 1930 A -O
■ vA Indlst con gu g 6 s .. 1920 J - J
9 8 * Oct.’OS
Fargo A So. See Ch M A St P.
Range
fr o m
J a n . 1.
L o w . H ig h
08
74*
82
82
88
91*
9 0 * 100
90
98
80
88*
89
95
9 8 * 101*
70
80
14
22
102 1 0 5 *
131*137
1 8 7 * JL27*
100
100*
121
121
50
05
01*
78
70*
83*
122 128
125*120
1 3 7 * 144
107 107
107 113*
136 142*
180*138*
108
143
108
146
120*125*
119
118*
147
141
147
145
108 111*
8 7 * 98*
100* 100 *
85*
104
92*
101
112
90*
110*
92*
112 *
110
110*119*
108 118
118 118
1 0 4 * 105
188 147*
140 143
1 3 3 * 139
183 138
100
10 #
108
118*
107
107
84*
94*
00
70
99 108*
84 * 92*
S2
98
109*111*
98*101*
114*121
112
82
77*
121
100
99
PRICES (5 pages)
P ric e
F r id a y .
Oct. 21.
BONDS.
N .Y . STO CK E X C H A N G E
W e e k E n d in g O ct . 21.
t A Pere M g 0 s .. ..1920
F lin
1st consol gold 58....1939
A -O
M -N
A -O
J-J
J-J
J -J
B id .
110
94
92
Bid. Ask.
Cincinnati Gaa A C oke...
jlty Gaa (Norfolk V a ).,..
Columbus (O) Gas—Stock
1st 5s 1932..............JAJ
C oisolidat Gas (Balt) See
r onsolld Gaa ( N J ) —Stck
1st 5s 1937..............JA-I
Consol Gas (P itts ).........
204*
35“ 88
{ 08
85
89
{100* 102
Balt L 1st.
10
21
76
79
24
U n n M e c u rltle s .
Con. Gas P itts. P ro f...
Bonds 5 s....................
Consurn Gas (J City)—Stk
1st 0 s....................... MAN
D etroit Gas—
NY Stoc
Consol 5s 1918—See N
Income 5 s ......................
D enver Consolidated G a
F o rt W ayne (In d )—Sto ;k
1st 0s 1025...............JAJ
Grand Rapids—8 to c k ..
1st 5s 1915.............FAA
H artfo rd (Ct)
L . .. 25
Bid.
00
:o7H
70
102
k List.
Y. Ex.
71
80
78
{100
+ 40
Ask.
10BX
81
104
List.
94
76X
88
82
102
45
CqCQ
Range
fro m
J a n . I.
A sk . L o w . H ig h . N o . L o w . H ig h
n o ii7 *
117 A ug’98
85
95
95 A ug’98
92*
83
95*
92* 92*
ta
105 105
65
79*
5 4 * 64
105 M ar’98
74*
7 4*
01 O ct.’98
95*
95*
103 A ug’97
92 J ’l y ’98
90
Sep.’98
88*
98
92
92
88
00
1 0 9 * A ug’98
1 0 9 * J ’l y ’98
105 M ar’9f>
1 0 2 * Apr.*08
109*115
108* 109*
105 105
101 102*
104
108
101 M ar’9^
1 0 0 * Sep.’9S
100
103
97*
101
100*
104
103
102*
101
100*
1 0 3 * A ug’98
101
105
102 *
Sep.’98
A pr.’9*
102 *
*08*
9 2 * “9 4 *
7 9 * Oct.*’98
7 8 * “8*6“
9*3**
9 2 * *94*
93*
*93
128* 8ep.’98
123 Sep.’08
115*123*
128 123
1 0 3 * J a n .’98
103*103*
90
Nov’97
102 *
102 *
97
110
78
44
97
104
128*
92
00
10C*
72*
74*
05
81*
5 4 * O c t/98
40 Oct.’OS
40
:s 5
50
40
115
95
117*
104*
123
128
87
87*
5 8 * Aug’98
105
105*
110
99*
100
104
*108*
110
99*
100
100
102
Aug’98
104
104
104
111 Aug’98
109* J ’ly ’07
0 2 * M ar’08
91
17
99
104*
101
112 *
92*
9 2*
01** *92*"
101
8ep.’07
29
Sep.’98
20
20
110* J ’n e’98
117
120
90 8ep.’98
9 0 * Oct.’98
90 Oct.’98
100
8 5 * “0 0 *
88* 9 0 *
90
9C
M ay’97
1 0 7 * D ec’97
W
t Bonds due April.
|| Bonds due Jan u ary .
O U T S ID E S E C U R I T I E S (Given at foot of 7 consecutive pages) .—
G a s S e c u ritie s .
831
W eek's
R a n g e or
L a s t Sale.
P t H uron Div lst.g 5s. 1939
Fla Cen A Pen 1st g 5s. .1918
1st land gr e xt gold 5S.1930
Consol gold 58..............1943
F t S A V B Bge. See StLASF.
F o rt St U D Co l s t g 4*81941 J - J
7 4 * 75
F t W & D C—l s t g 4-0S.1921 J - D
....... 62
F t W A Rio Gr 1st g 8-4s.l928 J - J
F ulton Elev. See Kings Co El.
See S P Co.
G alal HH AarHAofS A’82. 1st
59.1913 A -O
Ga A Ala Ry 1st pf g 5s. 1945 A -O
Ga Car A No 1st gu g 5s.l929 J - J
Georgia Pacific. See So Ry.
G rand Rap A Ind. See P a Co.
an A St J. See C B A Q
H ousatonic.
See NYNHAH.
95
H oust E A W T 1st g 58.1933 M-N
Hous A Tex Cen. See So P Co.
Cent 1st g 4 s.. .1951 J - J 110 * .
I llinois
R egistered.................1951 J - J
1st gold 3 * s ..................1951 J - J
R egistered.................. 1951 J - J
1st gold 3s s te rlin g .... 1951 M -8
R egistered..................1951 M -8
Coll T ru st gold 4s....... 1952 A -O
. 103*
R egistered..................1952 A -O
L N O A Tex gold 4 s .. 1953 M -N
R egistered.................. 1958 M-N
I 102*
Coll tr 2-10 gold 4 s .... 1904 J - J
R egistered..................1904 J - J
W estern Line 1st g 4s. 1951 F - A •102 ...
R e g iste re d ................ 1951 F - A
9 3 * Sale
Louisville Div g 8 * s .1953 J - J
R eg iste re d ................ 1953 J - J
7 8 * 70
8t Louis Dlv g 3 s.......1951 J - J
R e g iste re d ................ 1951 J - J
0 3 “ *93*
Gold 3 * s ....................1951 J - J
R eg iste re d ............. 1951 J - J
Cairo Bridge gold 4s. .1950 J - D
R eg iste re d ................ 1950 J - D
Middle Div reg 5s.......1921 F- A
Spring Dlv 1st g 3 * s . 1951 J - J
, 100 *
R eg iste re d ................ 1951 J - J
Chic S tL A N O g 5s.. 1951 J - D
R e g iste re d ................ 1951 J - I )
Gold 3 * s ....................1951 J -D
R eg iste re d ............. 1951 J -D
Mem Dlv 1st g 4 s ....1951 J - D
Registered...............1951 J - D
Bellev A Car 1st 0s. ...1 9 2 8 J - D U 7 * .
St L Sou ls tg u g 4s. ..1931 M -S • 00 .
89 .
C&rb A 8 l s t g 4 8 ......1 9 3 2 M -S
In d B lA W . See C C C A St L.
Ind Dec A W 1st g 5s — 1985 J - J 102 103*
In t A Gt No 1st gold 0s. 1919 M-N •122 124
2d gold 5s....................... 1909 M -8
80 . . . . .
58
3d gold 4s....................... 1921 M -8 • 55
Iowa C entral ls tg o ld 5s.l938 J - D 105 105*
Iowa Midland. See Ch A N W.
Jefferson RR. See Erie.
al A A G R. See L 8 A M S.
K an
A Mich. See Tol A O C.
K C A MRAB 1st gug5s. 1929 A -O
7 4 * .......
K C P A G 1st A col g 5s. 1928 A -O
7 3 * Sale
Kan C A Pac. See M K A T.
Kansas Mid. See St L A 8 F
K entucky Cent. See LA N .
Keok A Des M. See C R 1 A P.
Kings Co El ser A 1st g 5s ’25 J - J
55
Ful El 1st gu g 5s ser A .’29 M -8
45
Knoxville A Ohio. See So Ry.
Erie A W l s t g 5s. 1937 J - J 110 Sale
L ake
2d gold 5s..................1941 J - J
99
N orth Ohio 1st gu 5s. .1945 A -O 100 103*
L S A M S. See N Y Cent.
Leh Val (Pa) coil g 5s .1997 M -N
R e g iste re d ....................1997 M-N
L e h V N Y 1 s tg u g 4 * s .. 1940 J - J
104*
R eg iste re d ....................1940 J - J
Leh V T er Ry ls tg u g 5sl941 A -O
R eg iste re d ....................1941 A -O
L V Coal Co 1st gu g 5s.. 1933 J - J
R egistered..................... 1933 J - J
Leh A N Y 1st gu g 4s. ..1945 M -8
91 Sale
R egistered..................... 1945 M -8
El C A N 1st g 1st pf 6s. 1914 A -O
Gold guar 5s.......... ..1914 A -O
Leh A WUkesb. See C ent N J.
Leroy A Caney Val. See Mo P.
Lex Av A P F. See Met St Ry.
Lltch Car A W l s t g 0s. .1910 J - J
L ittle RAMem l s t g 5s 1937 >
T ru st Co oertfs.........
*
85
Lom Oock. See Erie.
Long fil'd —1st con g 5s. 1931
J» -115
1st con g 4 s ..................1981
J1
General gold 4b.......... 1988 -D ......... 9 2 *
Ferry 1st gold 4 * s ..,.1 9 2 2 M -8
00
92
Gold 4s.......................... 1932 J - D
D ebenture gold 5s.......1984 J - D
N Y A R B l s t g 5 s ....1927 M- 8
2d Income..................1927
N Y B AM B con g 5s.. 1935
Bklyn A Mon 1st g 6s. 1911 M - s
1st 5s...........................1911 M -8
Nor Shb ls tc o n g g u 5 s ..’82
, 103
N Y Bay Ex R ls tg u g 5s*48
M ontauk Ex gu g os. ..1940 J - J
ha A Mo Rlv. See Chi A Alt,
L E A St L Con on g 5s. 1939.
T r Co c erts............................
30
89*
General gold A b............ 1943 M -8
Lou A Nash—Cecel Br 7s 1907 M -8 •102* ........
N O A M l s t g 0s.........1980 J - J •122 ....
2d gold 0s................... 1980 J - J •100 ....
E H k Nash ls tg 0s.. .1919 J - D • 1 1 5 * .......
| General gold 0s............. 1980 J - D 117* 120
• No prlceF nday; th ese a re la te st bid and asked th is week, t Bonds due August,
Chicago Consumers 1st 5s 103 103*
Chicago Gas—See N Y Sto ck Ex on.
P age &
1st 0s 1924........ MAN
1st 0s 1025 .........JAD
Sep.’98
A ug’97
Nov’97
Oct.’OS
108
A ug’98
Oct.’08
82
40
120* 124*
100 108
118 117
116*120*
{ Bonds due July.
GAS SECURITIES, <£c
Bid. Ask.
G a a S e c u ritie s .
Indiana Nat A 111 Gas—Stk
56
1st 0s 1908 ..
MAN 71
75
Indianapolis Gas—Stock. 1 15 125
104* 105*
Jersey City Gas L ig h t....
Laclede Gas—N Y Stock Exch.
Lafayette (Ind) Gas—Stk 03
73
87
85
Loganspt A Wab Val—8tk 50
56
72
70
Louisville Gas L ig h t.......
90
Madison (Wi§) Gas—Stck 60
64
1st. 0s 19V*.......
AAO i 0HU 101
1st 0s 1920.........MAN
39*
9*
100
124*
108
115
119
G a s S e c u ritie s .
Bid. Ask
Minn Gas 6s 10io....M A 8 {102
New Orleans Gas L ig h t.. 107«
54
Ohio A Indiana—S to ck ...
70
Peoples Gas A Coke—N Y Stock
Philadelphia C o............50 t 3 2 *
P ortland (Me) Gas L ...50 t 85
St Joseph (M o).................
35
00
5s 1937.....................JAJ
8t Paul Gas—Stock..........
47
Consol 5s 1944 . . . . MAS { 78
AAria tn'oroot +PriC« p=*-
104
110
58
71
Exch
33
90
38
93
50
82
at.*.
THE CHRONICLE.—BOND PRICES (5 pages) Page 3.
832
BONDS
e l
W.¥ .STOCK EXCHANGE | C
W tts f t K x d ik o O c r . S I .
LaU A Nash (Oon. >
^41UM<g)ailt gut<l As. mo
Bui
' *; n o e
1 Range
fr o m
J a n , 1.
Week'*
: R ange or
Xiwrl S a le.
F ried
F r id a y ,
Oct. a L
P r ic e
F r id a y ,
Oct. 21.
A *k, L o w . S ig h . No. L ow . S ig h .
J*
CO
' N opric- Friday; th ese are la te s t hid and asked th is week.
OUTSIDE SECURITIES
(G iv e n
at
I s
K| V
Range
fr o m
/ a n . 1.
M- 8 ttOM . . . . I 0 9 « S«p.'»7
.1 -D lo a ^ ...* 105 Aug’98
102 105
J -1)
104%104%
M -N io«*2 . . . . 106% OcC'98
100% 106%
M -N }04*fi ....... i 045i J 'n e ’OS
104 105
J - J 108 ....... 10?N Oct.’flS
105% 107%
J - J 107« . . . . 104'% J ’ly ’98
104% 104%
339 94
F - A 94?^ Sale
96%
94 O c t’98
F - A ......... 94
94
95
93*§
Sale
F -A
93
98% 58 91% 95
2 01
01
F - A ......... 9 2 « 01
01
2 107 109%
108
M-N 108% 108^ 108
104%
107% A ug’98
M
107%109%
w -N. ♦ 100
103 May’97
*
, , 109% Sale 1094i n o
' 54 102% 110%
j “j
109% 10936 i i 10t% 110
108% Nov19
J - J
106 J ’n e’98
106 106
2d gu gold 5 s . . . . . . . . 1936 JJ -- JJ
90
98%
R egistered................. 1930 J - J
114% 119%
Cleartleld
Bit
am
Coal
Corn
101 105
I s t s f i n t g u g 4 sse r A .’40
95 J ’l y ’98
J
95
95
Small bonds series B.P40 J.1 -- .1
Gout AOswe ls tg u g 5 B .’42 *!
R W A Ogcon 1st e x t 5s.’22 *7 " J ; 127% Sale 135
127%
110% 127%
Nor A Mont 1st gu g 5 s .’ 16 * i
108%116%
R W A O T R la tg u g 5s. 18
114% 122%
Oswe A R 2d gu g 5s. .1915 F-A5
1V1" N
U tica A Blk K ivgu g 4s. ’22
116 123%
J
Mob A Alai 1st gu g 4 s. 199! JM--S
C art A A d 1st gu g 4s. 1981 J - D
117 123%
NY A P u t la t con g u e is .’93 A- O
N Y A N orth l s t g 5 s.. 1927 A -O 121% 184%
62« ao«
123 126
Lake Shore A Mich S o u th Dot Mon A Tol 1st 7s 1908 - A
121 121
Lake Shore divld 7a. 1899 F
102%
.
.
.
.
.
102% 102%
102 106%
A- O
Consol la t 7 s ...
*Vdji ’ 78%
1 07% .......
105%
110
J
J
R egistered ... ...1900
105% .......
105% 109%
Q- Jil 118
Consol 2d 7 s ....
.
.
.
.
.
J-D
11554 180%
R eg istered ...
J - D 118 .......
i is m n o w
Hold 8%a . . . .
LQ2 106%
J - I ) T 0 0 % .......
R eg iste re d ....
103 106%
J
-D
CtnA 8 IstgL S A M S7fl’01 A - 0
K A A G R U t g o 58.1938 J - J
M ahon CT RR I« t5 a.l9 3 4 ,T - J 120
Alieh Cent—1st oon 7sl902 M
• U 5%
110 115%.
ta t eon 5 s................... 1902 M -N
-N 100
$.
102% 107
6s.............................,.1 9 0 9 M
-S
122 128
122
5a.............
1931
121 127
121
Registered . . . . . . . . 1931 M - S 126
.125% 125%
4is.................................. 1940
142% 143
108 108
R eg iste re d ............ 1940
100% 108%
108 108
Rat C A 8 t 1st gu g 3 s.’89 JJ - -DJ
125 125'
N Y Chic & St. L l s t g 4&.1937 A -O 104% 105
1*0*6“ 107%
R egistered ................. 1937 A -O 1 0 4 % .......
104 104
N Y & Greenw Lake. See Erie
.................... N
Y A H ar. Sec N Y C A Hud.
N Y Lack A W. See D L & W
N U E 4 W . See Erie.
N Y & Man Bch. See Long Is.
82% 92% N Y A N E. See N Y N U & H
57
67% N Y N H A H a rt ls tre g 4 a .’03 J - D
104% Oet.’97
Convert deb certs $1,000
83% 88
■159& 161 Sep.’9S
Small certfs $ 1 0 0 ............ A -O
80
99
155 Sep.’QS
H ousatonic R con g 5s.l937
71
76
136% A ug’98
N H A Derby con 5 s .. . 1918 M -N
75
84%
N Y A N E lHt 7 s .........1905
121 Sale 121
121
119 121
1st 6s........................... 1905
115
113% 115
93% 102%: N Y A N orth. See N Y C 4 H.
N
Y
O
A
W
oon
l
s
t
g
58.1939
93 107%
107^
J
D
106 100
Refunding 1st g 4 b— 1992
103% 112%
102 % 102 %
96 10 %
Regis $5,000 o n ly ... 1992
65% 87%
N Y A P a t. See N Y C A H.
N T 4 R B. See Long ltd.
60
80
N Y S A W. Set Erie.
N Y Tex A M. See So Pao Co.
100 106
North Illinois. See Chi A NW.
105% 109
North Ohio See L Erie A W.
N orthern Pacific—
Gen 1st U R A L G sfg 6 fl.’21
107 iio %
R egistered................. 1921
102% 107%
St P A N P gen g 8 s .. .1928
102 108
Registered c tfe .. . . . . 1928
86 100%
Prior lien r A 1 g g 4 a .. 1997
80 100
R egistered.................. 199~
General lien g 3s.........204
Registered ................ 2047
Wash Cent 1s t « 4a .1948
Nor Pac T er Co 1st g 8s. 1938
Nor Ry Cat. Set C ent Pac.
118% 124
Nor Wla. Sec C St P M A O.
Nor & South 1st g 5 b. . .. 1941 M-N
70
81
97% 102% Nor A W est gen g 6» ,.. .1931 M-N
Now H irer le tu 6 s .... 1982 -O
In ip rrm t A e x t g 6 s ... 1984 A
F -A
C O A T 1.» gu g Ss. ..1922 J - J
Sold VAN IS 1at gu g4a. 1989 M -N
N A W R f 1st cong 4s. 1996 A- O
R egistered .................1996 A- O
S m all...........................1996 A -O
128 131* Nor A Mont. See N.Y.Cent,
g A L Ch 1st con 8s.. 1920
O
In c o m e ...,............... 1920
100 106
income s m a ll.......................
O Ind A W. See C O C A S t L.
.................. Ohio A Miss. Sec. BAG SW.
Ohio Elver RR la t g 5 s..1936 J - D
General gold 5 s.............1937 A -O
Ohio Southern 1st g 0 b.. 1921 J - D
General gold 4 s...... . 1921 M-N
Eng T r Co c e rtfs ...............
Om A St L 1st g In.........1901 J - J
82
Ore A Cal. Sec So Pac Co.
Ore Ry A N a v l a ts f g 6s. 1909 J - J
113%119>, Ore RR A Nav con g 4s.. 1946
Ore Short. Line 1st g 0 b. 1922 F - A 1 2 0
113% 119
Utah A Nor 1st 7n ...1 9 0 8 J - J
106 119
121
Gold 5«...................... 1926 J - J
m a 111*
....
.......110
Beech
Ork lat gu g 4s.1938
1938
Registered.............
107 Aug’98
128 Oct.’OS
121 Apr/9*
107% Oct.’iis
105%
105%
117 Aug’98
115%
J'ne’93
106%
106%
105% Aug’98
108%
Dec’O'”
185**
Dec’0
115% 0<5t.’9
. 116%.
105
Feb.’S
%Jan.’98
J’ne’088
2108
25%
108 Feb.’98
Jan.’98
104%
105
104 Apr.’9h
33
M-N
JJ --JJ
M-S!
M-3S
126%
....
113 .....
115 Sale
107% Sale
102% Sale
HflK Sals
130
128 Sale
101
06% Sale
88 Sale
112
102
123
'124
128
93 Sale
32%
Sale
100
145 161
145
15814
126%126H
115
107%
U8«
11? 7
118H
Oet.'Pt
131%
Oct.‘98
....
130
Sep.‘9
142
100%
i01
10»w Sep.’BS 103
00% 06M
88 115
88 181
115
102
128 J’ne’OS
Sep/08
124
Sep.’98
117%
Aug’98
101
Feb'03%
91 ....18
92
92% 83% 28
112 119
119 -%
113
124
181W
124%
130
90M
lOlW
101%
93
57 60
00
88
104 115
106 ,
102
120 125
124
118
117 ilwn
82 94
74%
....... .......
................
102 Jan.’98
!!!!!! 84*"
Sep.’OS
9 Sep.’9
Sep/988
76 ...... 808% Sep.’98
114
7
J-D 113
99% Sale
99% 114
90^f 101
Sale 127
129
13
J’nc’08
.....
102 May’97
foo t o f
Bid.
75
40
110
90
74
110
105
65c.
on list
110
151
no
73
, >.
....
Lake Shore ool g 3^s, 1908
t Bonds due Jan. S Bonds due July.
T e l e c . A: T H r p h .
Bid. Aafc.
17
Id j Bfrte Teieg A Telephone..
F ra n k lin .............................
90
87
Goid A Stock......................
87*
B o n d s............................
H udson R iver Telephone
Stock Exch i Internal!on O cean...........
Stock Exch M exican Telegraph..........
109 110 j Mexican T elep h o n e....10
.......1 New Eng Telcp—Set Best
50
N orthw estern T elegraph.
108 105
I N Y A N J T elep h o n e....
179
5* 1020..................MAN
i is
no
74
Pacific A A tla n tic ............
76
W eek’s
R a tig e or
L a s t Sale.
lxv ii .
A s k . Low , H ig h . S o . L o w M iffk ,
N Y C ent (C in.)
Reg dob 5» o f .. .1889-1904
D ebenture g 4s. .1890-1905
R egistered. . . . . 1890-1905
io5** iqo*‘ D ebt certs e x t g 4 s .. .. 1905
R egistered.................. 1905
94” 161 ‘ Q !iK ».............................. 1997
R egistered............. 1997
100%104%
*84 83
91%
R e g iste re d ........
.1998
Mich Cent coll g Si^a. . 1908
96% ion
R e g iste re d .................1998
101%108%
Harlem 1st 7 s ...............1900
! 08 100%
R egistered .. .............1900
Vo 87% 98
N J Ju n e R g u lBt 4s . 1986
85
92
R eg iste re d ................ 198b
103 103
W est Shore la t 4s g u .2381
R eg iste re d ................. 2361
. . . . 103 100
......
131 J ’ly *97
&tLdiT m * o*.......... lviii j ; - g
*4 gold it*.........,* .* ,1 0 8 0 , 1’ ®
i
100'
* J ’i y ’OS
*ia*h Sl Dec 1st 7*....... 1000 V" J
ita k fd (BAA) g 6 * ....1 9 1 0 \ i ~ Y
106% Aug‘98
8 A N A con gu g fl»,. .. 103rt!; ; A
i b * r !!!!!! 1103% Oct.*98
Gold &*.........................1*871y™
90
90-H 90%
90%
Unified 11 i i ...... ...........1040!“ “ J
llc^Flxtftred,.. . . . . . . . . l u i o j J "
106 Oot.’OS
1
0
5
%
.........
Pocis A At! I i l u a K ^ l 02 l W
,104
Sop.’08
c o il trust K 5*..............10811?*-* *104% -.......
LANA MAM'.»; e
? 1 0 7 s ,......... 109% J ’l y ’98
97
97
97% 07
S F U 4 S I j i i r u e S . , ,1»S7 ;* •*
K o c tu c tr C a m s 4 » ...l» H 7 i» ” J • ou . . . . . . I 90%Oct.*»8
*110 ......... 103 J a n .’98
L Cin A L e x s
ii A J if f Bgo Co ku g 4 s . 1045
L N A A C. S « G 1 4 L
Louis Ky Co 1st con gSs.lOSOp ' J [ 1 1 1 % ......... 100 M ar’98
I f ohon Coal. Set LS A M 8.
2
92%
♦ 98% 93% 02%
lU -anhattiuj Ry con 4s. 10W0 *
3
Metxopol El 1st g Os... 1008 - ~ J 117% Sale 117% 117%
1 0 4 % ......... 104 Oct.’u8
SC Os.............................1890
Man 8 W Coloulx g 5 s ... 1934 •«* - L
M arket St C Ry 1st g 6&.1913; J " J
McK ptA B V. 5M P MoKAY
M etropolitan El. Set M ud Ry.
Mot S l Ity gen c t r g 5a.. 1997 ^"2^ 115 Sale 113% 115 120
Bw *yA7thArlstCK 5 s.l9 4 3 ;,j " J' •121% . . . . . 121% Oct.’OS
R e g iste re d ................ 1943
IB lii 13
ColA9tbAv 1st puK 5s. 19911
•*' 181% Sal e *ji s i H
R e g iste re d ................ 1998 J J - g
26
120
121%
121%
Sale
Lex A t A P F 1st gu g 5 s/9 3 £*' ^
R egistered .............. .
^I
62% O ct.’OS
Mex C ent eon gold 4s. .1011 J “ J
1st con Income g 3a. ..1939 J *J’ |
2d con income g 8 s .. .. 1 ** ^ <
I
Equip A coll k 3* .
.v K
' 'isii *4*6
Mex In tern al I s te g 4b.'77 ^»- &
........ '
Mex Nat 1st gold 8 s.......1927 ** * D
2d Inc 6s A Cp strapd .1917 M-S?
IS J ’l y ’97
2d Income gold 6s B ..1917
97*’ !!*!!! 97 Feb ’97
Mex North 1st gold t5 s..l9 1 0 ;T -I)
R eg iste re d ................... 1910 J - D
Micb Cent. See X Y Cent.
Mid o f N J . Set N Y Sus A W „
MU El R? A L 30-y r g 5s, 1988 F - A
M L 8 4 W. See Chic A N NV
Mil A Mad. Set Chic A N W
MU A N orth. See Ch M A St P
MU A S t P. See Ch M A St P
Min A St L gu. See B 0 U & N
Minn A St L—1st g 7s .. 1927 J - D 143 ......... 143 Oct.’OS
108% 108% ' 15
le t cons gold 5 s...........1984 M -N 108 n o
125 OcL‘98
Iowa ax 1st gold 7 s ... 19091J - D
S o u th w e s t ex 1st g 7a.'10 J.- X*
Pacific ex 1st gold 0s .1921 fA - O 123 125 121% A ug’97
....
M A P 1st 6s at 4s ln t g u .,’86 J - J
M SSMAA 1st g 4s ln t g u /2 0 8 - J
M BtPASSM cong 4 s ln tg u ’3S J - J
Minn 8t liy 1st co n g 5 b. 1919 J - J
Minn Uis. See St P M A Sl.
88
8S?.i 16'
Mo Kan A Tex—1st g 4s. 1990 J - I) 88% Sale
81%
62% 86
2d gold 4 s......................1990 F-A j 82% Sale
83 Aug'98
1st exten gold 5a........1944 M N
83
88
“ 8
M K A T of T 1st gu g 5 s-*42 M- S 88 Sale
71 Oct. *98
K C A Pac 1st g 4s__ 1990 F- A
82 Sep.’98
Dal A W a le t go g 5s. 1940 M-N ....... 85
B oonevB dgC ogug 7 s ..'0 6 M-N
Tebo A Neosho 1st 7s. 1903 J - D
i ’oo
08 100 lo o
9
Mo K A E le t gn g 5 a ... 1942 A -O
Mo Pac—1st con g 89. ..1920; M-N 104% Sale 104% 101% 63
2
8d 7 i............................. 1900 M-N 1 1 2 * ......... 112% 112*.
80 Oet.’9S
T rust g 5a....................191?jM-St ......... 32
R eg istered ...............1 9l7|M -8t
73 Oct.'98
la t coll gold 5 s ...........19801F- A ......... 76
R egistered ................19201F- A
Pac R of Mo 1st ex g 4 s .’3K F - A 103% 106 108% Aug’98 . . . .
109 Oct,’.98
2d extended gold 5s. 1938 J - J
Verd V 1 A W l s t g 5*. '2tt M -S
L e ro rA C V A L 1st g 5 s '20 J - .1
107 Oct.’9 8
S tL A I Ml lfliextg4% 8.*4? F-AI
107% J ’lv ’98
2d e x t g os................ 1947 M-N
106% O ct.’OS
A rk Branch e x t g 5a. 1935 J - D
102
Qen co n ry A ld g r tg 5 s '8 1 A O 96% Sale
90%
07
100 A ug’98
Gen con stam p g ld g 5 s ’81 |A - O
M lssRlvBdge. See Chic A Alt
M obABlrm prior lieu g 5 b.’4 5 1 - J
Sm all................................... J - J
Income gold 4 s............ i 9451J - J
Sm all...................................
124
a
Mob A Ohio new gold 6 a .. '2 7 11 - D 124 Sale 124
la t extension gold 8a. 1927 0 -J * . . . . . . 119% 119 D e c '97
77
73
13
Generulgoid 4a........... 1988 M- H 78 Sale
101
101
Montgotn Dtv 1s t g 5b 1947 F - A
9
St I. a Cairo gu g 4 a ..1031 J - «l
Mohawk A Mul. See N Y C A H
Monongaheln Itiv. Set B A U
Mom Cent* See 8 t P M A M.
M ontauk BxE See Long fa.
Morg»«*» L a A T. Sec 8 P Co.
Morris A Essex. See Del LAW
130 . . . . . . 131 Qet?08
\ f nab Chat A 8 t L 1st 7a. ’ 13 J 105% Nov’97
A* 2d 6 s....................... 1901, J - j
103% 22
la t con gold 5».. . . . . . .1 9 2 8 |A -0 103 Sale 103
la t Out T A P b ........ .. 19171-1 - J
lat 6s McM M W A A1.1917 J - .1
...................... . . . .
l a t gold 6s Jaapor Bch. 1923 J - J
Niiih Flor A 8hef. See h A NI
New II A D. See N Y N H A H
N J Ju n e KB. See N Y Com.
K J Southern. See C ent N J.
New A Cln Bdgo. See Penn Co
N O A S K prior Hon g 8a. 1915 A-OT
N Y B A Man Bch. See h l.
N Y Bay E xien UR. Set L 1.1
N Y Cent A li R ~ lst7 § .1 9 0 3 |.l - J 1 17% ......... 17% llT-lf 11
R eg istered ................1908 J - J 1 1 7 % ......... lOAf Aug'tia
2
Do horn ure 5a of. 1884-1904 M- 8 U fM .......
Rctfi stored . . . . 1884*1904’M -8 UOM .......
(* » • 8 p c n r l t l r « .
Syracuim Gao—Stock.......
l*t r ? 1046..............JA J
0Te«{em Gas i Milw) ....
5*—Set N Y Stock Exch
T e J e tr.
T f» lep h .
A merican Dint Tele—NY
American Tel A Cab—NY
Cem rai A South Amor. .
Che* A Poto Teieph—Stk
Bond 5*............. ...........
Cf-mraercto.! C a b l e ,..,....
Coromer Union Tel (NYl.
• Ecplre A B ar *ta«e T e l..
BONDS.
N .Y , ST O C K E X C H A N G E
W k k k E n d in g O ct . 21
[Vol.
Ank.
70
45
7
c o n s e c u t iv e
II Bonds due June.
pag es) .—
102 102
80"
3 15
758^4 p st
110
111
89 100%
129
118
121 121
$ Bonds due May. t Bonds due N ot
TE L . & E L E C T R IC , die.
T p lc g . A T c l e p h .
Bid. Ask. T E le c t r ic C o m p a n ie s
Southern A A tlantic.........
85
E ast End E lectric Light..
W est'n Union TeJeg—N Y Stock Exch KHectro-Pnenm atlc............
F ort W ayne Elec. C o ..25
E l e c t r i c C om p an ies* .
Series A .......................
76* * 1 Allegheny Co L ight C o... 130 140
General Electric Co—N Y
Brufih Electric Co............
40
1i 2
50
Do prof.—Sec B oston L
Br’dgprt
(Ct)
El
L
t
Co,25
t
82
205
B5 i H artford (Ct) E le e L t Co.
Consol Electric S to rag e .. 18
20
H artT d(C t) LtA Pow V>25
Eddy Electric Mfg Co..25 t ......... 15
Mo E dison Electria* , , , , ,
Edison El D1 Co N Y -N Y Stock
113
Do p re fe rr e d ...............
Edlaon El 111 Co Brk—N Y
154
Narragam (P rov)E l Co. 50
Edison Ore Milling Co....
112
11
14 I New H av ( a ) Elec L t Co
Edison Storage Co...........
28
78
30 *
tPrlo© per share
Bid.
.%
4c
1
80.
Stock Exob
1st.
122 127
+
12
14
42
44
tx84
170 180
THE
O ct . 22, 1»98.]
P ric e
F r id a y ,
Oct. 21.
BONDS.
M.Y. STO CK E X C H A N G E
W e e k E n d in g O c t . 21.
Ore 8h L —1st con g 5s... 1940 J - J
Non-cam Inc A 5 s.......1946 Sep.*
Non-cu Inc B A col t r . . 1940 Oct.*
Oswego A Rome. S u N Y C
0 0 F & St P. See C & N W
Coast Co—1st g 5 s. 1940 J - D
P ac
a c o f M issouri. See Mo Pac
Panam a I s t s f g 4 % s ....l9 t7 A -O
S f subsidy g 0 s...........1 9 1 " M-N
P en n Co g a 1st g 4 % s... 1921 J - J
R egistered..................1921 J - J
G td 3 % sc o ltra stre g .l9 3 7 M -S
P C C & St L con gu g 4%s—
Series A .......................1940 A -O
Series B g u a r ............1942 A -O
3eries C g u a r............. 1942 M-N
Series D 4s g u a r........1945 M-N
P itts CIn & St L 1st 78.1900 F -A
R egistered................. 1900 F -A
P itts F t W A C 1st 78.1912 J - J
2d 7s............................1912 J - J
3d 7 s........................... 1912 A-Oi
0 St L A P 1st con g Ss.1932 A -O
R eg iste re d ................ 1932 A -O
Ci©v A P itts con 8 f 78.1900 M-N
G e n g u g 4 % sse r’s A 1942 J - J
Series B...................1942 A -O
Erie A P itt gu g 3%s B 1940 J - J
Senes C...................... 1940 J - J
Gr R& I ex 1st gug<4%3.1941 J - J
AUegh V algen gu g 4s. 1942 M -S
N A C B dgegengug 4%s.'45 J - .1
Penn RR 1st real es g 4s. 1923 M-N
Con sterling g 0 s.........1905 J - J
Con currency 6s re g .. .1905 Q-M1
Con g 5s........................ 1919 M- **
R egistered................. 1919
Con g 4 s........................ 1943 ifcS
Cl A M ar 1st gu g 4% s.l935 M-N
UN J RHA Can gen 4s. 194 4 M -S
O R R R A B ge ls tg a 4 a g .’36 F- A
Sun A Lewis ls t g 4 s .. 1930 J - J
Pensacoia & At. 8e«LA N ash
Peo Dec A K ls tg f ts tr rec.’20 J - J
Evans Dlv lB tg 0 s trre c .’2O M -S
2d g 5s t r rec 1st pd..l920 M-N
Peo A East. See C C C & St L
Peo A Pek Un l s t g 6 s ... 1921 Q - F
2 dg 4%s..............Feb., 1921 M-N
Pine Creek reg g u a rd s .. 1932 J - D
P itts Cin A St L. See Penn Co.
P C C & St L. See Penn Co.
P itts Clev & Tol 1st g 0 s.. 1922 A -O
P itts A Connellsv. See B & O.
P itts F t W & Ch. See Penn Co.
P itts June 1st g 0 s.........1922 J - J
P itts & L Erie—2d g 5s ..1928 A-OI
P ittsM cK A Yo—ls tg u 6 s .’32 J - J
2d guar 6 s......................1934 J - J
McKee A B V I s tg 0 s .l9 1 8 J - J
P itts P A F 1st g 5 s.......1910 J - J
P itts Sb A L E 1st g 5 s .. 1940 A- O
1st consol gold 5 s....... 1943 J - J
P itts A W est l s t g 4 s ... 19IT J - J
P itts Y A Ash 1st con 5sl927. M-N
T> ending Co gen g 4 s... 1997 J - J
R eg istered .............. 1997 J - .1
Rensselaer A Sar. See D A H.
Rich A Dan. See Sonth Ry.
Rio Gr W est 1st g 4s----1939 J - J
Rio Gr Ju n e 1st gu g 5s 1939 J - II
Bio Gr So 1st g 3-4s........ 1940 J - J
Roch A P itts. S u B R A P.
Rome Wat. A Og See NY Cent.
Lake C ls tg si 0s. ’03-13 J - J
S alt
t Jo AG I ls tg 2 3-4s.. 1947 J - J
BtJL A a T H. S u Illinois Cent.
St L A CaL. S u Mob A Ohio.
St L A Irou Mount. See M P.
3t L K C A S . S u Wabash.
St L M Br. See T RR A o f 8 tL
St L A 3 F id * 0s Cl A .. 1900 M- N
B dgolddi Class B. ....1 9 0 0 M-N
Bdgold 0a Class C....... 1900 M-N
1st g 0 b Pierce C A 0..1919 F- A
General gold 0s............1931 J - J
General gold 5 s............1931 J - J
1st tru s t gold 5 s.......... 1987 A- O
F tS A Y BBdg ls tg 0s. 1910 A -O
Kansas Mid 1st g 4 s .. .1937 J - D
S tL A S F RR g 4 s----1996 J - J
Bouthw Dlv 1st g 5s... 1947 A -O
8t L So. See Illinois Cent.
8t L 8 W 1st g 4s bdefs. 1989 M-N
2d g 4s Inc bond c tf s .. 1989 J - J l
8t Paul City Cab. c g 5s. 1937 J - J
G uaranteed gold 5 s ... 1937 J - J
B tP aul A D uluth 1st 5s.l931 F- A
2d 5s............................... 1917 A- O
St P aul M A M 2d 0 s .... 1909 A -O
Dakota e x t gold 6 s— 1910 M-N
1st consol gold 0 s....... 1933 J - J
R eg iste re d ................ 1983 J - J
Reduced to gold 4%s 1933 J - J
R egistered...............1933 J - J
Mont E x t 1st gold 4 s.. 1937 J - D
R egistered.................. 1937 J - D
Minn Union l s t g 6 s... 1922 J - J
Mont C 1st gu g 0 s----1937 J - J
R e g iste re d ................ 1937 J - J
1st guar gold 5 s.......1937 J - J
R egistered................. 1937 J - J
Minn 1st dlv ls t g 5s. 1908 A -O
R egistered................. 1908 A -O
Will A S F ls t g 5 s .. . .1938 J - D
R egistered................. 1938 J - D
Bt P A Nor Pac. See Nor Pac
BtP A S’x City. S u C S tP MAO
8 A A A P. See So Pac. Co.
8 F A N P l s t s f g 5 s ...1919 J - J
C H R O N IC L K —BOIO) PRICES (5 pages) Page 4,
W eek's
Range or
L a s t Sale.
Range,
fro m ,
J a n . 1.
W e e k E n d in g O c t . 21.
B id . A s k .
H ig h
108% Sav F A W 1st con g 0s. 1934 A - O
l s t g 5s...........................1934 A -O
81%
58% Scioto Yal A N E. See Nor A W
Seab A Roa 1st 5 s.......... 1920 J - J
Sea A B Bdge. See Bklyn El.
105% 105%
102 100% Sod Bay A So 1st g 5 s ... 1924 J - J
, 100
97% .
So Car A Ga 1st g 5 s .. . .1919 M-N
Southern Pacific C o Gal H ar A S A l s t g 0S.191O F - A
2d g 7 s.........................1905 J - D
108 114%
114% l l i %
113
98 .......
110 J ’l y ’98
Mex A P acd iv ls t g 5 s . ’81 M-N
110 110
H o u sA T C 1st W A N 7s.’03 J - J
1st g 5s in t g td .........1937 J - J i i i " ii2 *
109% 113
113 Sep.’98
Con g 0s ln t g t d ....... 1912 A -O
111% .
82"
111 %
111 %
Gen g 4s ln t g td .......1921 A -O
108 113%
111% .
Morgan’s La A T l s t g 0 s .’20 J - J
110% .
104% 104%
104% Sep.’98
104 .
1st 7s.......................... 1918 A -O
106% 108
108 J 'n e ’98
N Y T A M exgu l s t g 4 s .T 2 A - O
100 % .
8 3 % .......
109% A p r’97
Ore A Cal 1st gtd g 5 s. 1927 J - J
100% .
07% Sale
140 140%
S A A A Pass 1st g u g 4 s .’4S J - J
140 May’98
140 .
140 A ug’98
140 140
T ex A N O 1st 7 s.........1905 F- A .........115%
Sabine dlv 1st g 0 s.. 1912 M- S
112% A p r’97
Con g 5s ....................1943 J - J 102% Sale
S o P o f A rgu l s t g 0s.’O9-lO J -J! 108 .......
107 109
L07 May’98
S P of Cal l s t g 0 s .’05-12 A -O 109 .........
108
1st con g uar g 5 s.. 1937 M -N 102 .... .
85 .......
A A N W ls tg u g 5s. 1941 J - J
8 P Coast 1st gu g 4s.. 1937 J - J j
S P a c o fN M e x l s t g 0 s . ’l l J - J 109% Sale
South Ry—1st con g 5 s.. 1994 J - J
97% Sale
R egistered ................. 1994 J - J
102 Nov’97
Mem Dlv l s t g 4-4%-5sl990 J - J 104% .
108 May'97
R eg iste re d ................ 1990 J - J
E Ten reor lien g 4-58.1938 M -S
R eg istered ................. 1938 M -S
Ala Cen R l s t g 6 s .... 1918 J - J
Atl A Ch A ir Line Inc. 1900 A - O
Col A G reenv 1st 5-08.1916 J - J |
E T Va A Ga 1st 7 s .... 1900 J - J 107% .
ivisional g 5s..........1980 J - J
115% 115%
115% Feb.’08
114% .
gon
1st g 5 s............... 1950 M-N 114 114%
Ga Pac Ry 1st g 0s----1922 J - j 121
Knox A Ohio 1st g 0s . 1925 J - J ! 112
Rich A Dan con g 0 s . .1915 J - J 122
95 10t%
. 100% 99
99
Equip sink fund g 5s. 1909 M -S
95% Oct.’98
95% 00
Deb 5s stam ped. — 1927 A -O 100
18% J ’ne'98
15
18%
V irginia Mid gen 5 s ... 1930 M-N 108 109
121
Gtd stam ped.......... 1936 M-N 108 109
120 May’98
120 120
85
W O A W 1st cy gu 4s.l924 F - A
90 Sep.’98
85% 90
W est N C 1st con g 08.1914 J - J
137 Nov’97
S A N Ala. S u L A N .
Spok FallsANor ls t g 08.1939 J - .1
S ta tls l Ry ls tg u g 4% s.l943 J - D
Sunb A Lew—See P e n n RR.
Syra Bing A N Y . See DLAW.
183 . ..
'P e r A of S tL l s t g 4% s.’39 A- O 109 .
120% ...
1- 1st con gold 5s.l894-1944 F- A 107 .
120
...
St L M Bge T er gu g 5s. 1930 A -O 104% .
T erre H aute Elec Ry g 6 s .T 4 Q -J*
Tex A N O. See So Pac Co.
TexA P Ry E dlv ls tg 08.1005 M -8 102 ....
90 O ct/9 8
90
90
110% Sep.’98
1st gold 5s.....................2000 J - D 107 Sale
104 U0%
45 Sale
98 J ’l y ’97
2d gold Inc. 5s, Dec. ..2000 Mch.
93% Sale
70% 95% Third Av 1st gold 5s__ 1937 J - J 125 128
93%
94%
Tol A O C l s t g 5s..........1935 J - J 104% Sale
81% Sale
W est’n d iv l s t g 5s__ 1935 A- O 104 108
77% 87%
80%
31%
General gold 5 b............1935 J - I )
Kan A M 1st gu g 4s. ..1990 A -O ......... 80
77 Sale
Tol Peo A W 1st gold 4s. 1917 J - J
37 Sale
90 .......
87
87% 31 78% 91 T St L A K 0 l s t g 0s tr. 1910 J - D
99 102
91 J ’n e’0*
91
91% Lp s ta r A Del 1st eg 5s. 1928 J - I )
71% Sep.’OS
1nlon Elsv. See Bklyn Elev
54
71%
Un El (Ohls) 1st g 5 s ....1945 A- O
Un Pac—RR A 1 g g 4s. 1947 J - J
99% Sale
Registered..................... 1947 J - J
T r Co ctfs g 4%s..........1918 M-N ......... 59%
80 Oct.’98
69% 81
77% Sale
U P DAG lBt c g 59 tr r c .’89
Uni N J RR AC Co. See Pa RR
Utah A N orth. See Ore S L.
UtlCA A Black R. See N Y Cent
er Val Ind A W. See Mo P.
114 J ’l y ’98
110% ..
111 116% V Irglnla Mid. See South Ry.
110% 110% 116 Oct.’98
111% 110: W ab RR Co l s t g 5 s .. 1939 M-N 113% Sale
2d gold 5s............. 1939 F -A
110% ..
38% 8aie
110
116
118 110
D ebenture series A__ 1939 J - J
119 119% 119%
Series B........................1939 | J - J
114 120%
3L Sale
. . H »%
105% Sale ™
ls tg 5s D et A Ch E x t .. 1941 l j - J 107 .......
105
105%
98% 100%
StC haa Bridge ls tg 0 s . 1908 A -O 107 .......
100 Oct.’96
92% 100
105% 112 105 Oot.*97
W arren RR. See Del L A W
Wash OA W. See Southern
82% W estN Y A P a—ls tg 5s. 1937 J - J 103 .
78
79
09
78 Oct.’9«
Gen g 3-4s......................1943 A -O
54 .
97%
90
......... »5% 90% O ct.'98
Income 5 s ....A p ril, 1943 Nov.
18% .
79% Sale
81
W est No Car. See South Ry.
70
79%
79%
31% 32
W estern Pac. See Cent Pac.
35
31
31%
25
W Chic St40-yr I s tc u r S s .’28 M-N
00 N ov'0/
40-year con g 5s...........1930 M -N
113 120 117 M ar’98
W est Shore. See N Y Cent,
115 117
104% 105% 105
W Va A Pitts. See B A O.
105 109
105
121
122 % W Va Cent A P 1st g 6s. 1911 J - J
120
121% Oct. 99
121% Sale 124% 124%
118% 124% W heeling A L E l s t g 5s. 1926 A -O
183 ....... 183 Oct.’98
T ru st Co certificates............
128 138
Wheel Dlv 1st gold 5s.l928 J - J
92
110 Sale 110
Exten A Imp gold 5s. .1930 F - A
105% 110
110
106% M ar’98
Consol gold 4s.............. 19rfs J - J
4*0*
102% Sale 1 0 2 % 1 0 2 %
03% 102% Wilkes A East. See N Y S A W
00
96
Wll A Sioux F. See St P M A M
90 Feb.’98
122% J a n .’Qh
122% 122 % W inona A St P. See C A N W
129 130 129 Oct.’98
W lsCentCo l s t t r g 5 s ..1937 J - J
118% 132
Engraved tru s t certificates.
115 A p r’97
59% Sale
114*' 115* 112% Sep.’98
Income 5s..................... 1987 A-O*
107 112%
7 .....
B id
A s k . L o w . H ig h .
100% ......... 106% 107
75%
75
77% 74%
54%
56
55 Sale
Low .
90
58
39
110
110% 9ep.’98
105%110%
U l% •
11*8* * A ug’98 J
113
118
. .. 100% Oot.’97
GAS A ELECTRIC LIG H T
A tlanta G L Co 1st g 5s. 1947
Bos U Gas t r ctfs s f g 5s. . ’39
B tly n U Gas 1st cong 5 s..’45
C hG L A C C o. See P G A C Co
C fium bus Gas 1st g 5 s .. 1932
ji -on Gas Co. See P G A C Co.
! Detroit City Gas g 5 s .. .. 1923
• No price Friday; these are la te st bid and asked th is vreek. t Bonds due June.
OUTSI DE SEC URI TI ES ( G i v e h
E lectric
C o m p n n lf* .
BBid.
id .
Rhode Iolaud Elec Pro Co. x ll8 %
Toronto (Can) Elec LtCo. 135*
Thom -H oust Welding Co.
12
United Elec LtA P Co pref
B onds............................... 83
W oonsocket (R I) EH Co.. HO
F e r r y C o m p a n ie s .
B’klyn A N Y Ferry-Stock . 88*
B onds................... ........... J »«x
Boboken Ferry—Stock..
123
1st 5* 1946............ MAN
Ifetropolltan Ferry—5s
100
§■8
BONDS.
N . Y . ST O C K E X C H A N G E
P ric e
F r id a y ,
Oct. 21.
a t fo o t oe
Ask. ( F e r r y C o m p a n ie s .
125
N J A N Y Ferry—Stock.
135* . 1st 5s 1948.............. JA J
100
N Y A E R Ferry—Stock.
18
Bonds 5s o f 1932..........
85
N Y A S B T rans A Ferry
Bonds, 5s, of 1«0».......
10th A 23d Sts F e rry .......
1st m ort 5s 1919...JA D
89 j
Union Ferry—Stock.........
05
1st 5s 1920.............MAN
25
f tn (Iro n <Im.
A toO olA P 1st 0 b tr coots
i l l II[ A t J C A W 1 it 0s t r co cts
7
Bid. Ask. 1
* B onis due July,
BON DS.
J-D
J -J
M-N 110% Sale
:33
W eek's
R a n g e or
L a s t S a le.
R an^t
fr o m
J a n , 1.
L o w . H ig h .
104% Oct.’97
Low . H ig h .
104% Feb.’98
104%104%
97% Oct.’98
)
99%
107 J a n .’9S
103% Sep.’98
98%
99%
107
100
92
107
105%
99%
113** Se*p.*’*9S
12 Sep.’98
85
85%
120% F eb.’9S
127 A pr.’9*
107% 112**
105 112
70% 85%
75 J a n .’O^
07%
67%
110 M a r’9>
106% Nov’Oi
75
75
55% 71
110 110
102 %
109
109
109%
97%
120% 120%
127
109%
Oct.’98
102 %
90% 102%
100%109%
106% 110%
92% 102%
81% 88
109%
97%
105% 110%
87
98%
103
105% Oct.’98
101
127
Sep.’98
90
105%
101
112% A u g ’97
118 Sep.’98
107
107
15 Sep.'98
114
114%
120% O ct.’98
117 Oct.’98
122% Aug’98
101 Nov'97
104 Sep.'
109 O ct.'98
tO7% Sep.’98
90 Aug’98
113% A ug’98
118 118
105% 108
112% 115
107 114%
118 123
112 117%
118 125%
112% Aug’98
109 O ct.’98
108 O ct.’97
100 112 %
105% 110%
105% Sep.’98
107
107%
44%
4f%
124% 125
104% 105
105 A ug’98
105%
90%
28
117%
102
103
110%
107%
50%
125
lOo
105
79 Sep.’98
77
77
91%
91%
101 Oct.’98
70
09
80
08
82%
78%
92
104
*9*5** 1*0*5*’
100 109
102 107%
87% 90
110%110%
99
99%
96% Aug'98
9
57%
58%
70%
77% 310
113%
37%
108
55
15
99%
98%
00%
79
104% 113%
74% 91%
113%
83%
32
31
105% O ct.’98
110 J ’n e’O-s
88%
98%
44
48%
95
....
21
39
97 105%
108% 110
1 103 110
O ct.’98
5 47% 59%
Oct.’OS
10
16%
Sep.’98 ••
99
D eo’9'
103
100
10C
92%
49%
Sep.’98
M ar’98
Sep.’98
M ar’9H
8ep.’98
100%
100
90
92%
35
103
108
108
92%
49%
34 Nov’97
58%
59%
6% O c t/98
33% 01%
4
7%
91% Oct.’98
110% 116%
90% 91%
109% 116%
J-J
J- J
»H% ■Sal'’
i) Bonds due Maroh.
c o n s e c u t iv e p a g e s ) . —
89
93%
T Bonds due Ja n .
95%
$Bonds due N o v
FERRY & RAILROADS.
R a l lr o a d H .
R a ilro a d s .
Ch AN W 1s t 7s Mad ext* l
Atch A Pike’s Peak 1st 6
ChicATomah 1s t 0 sl 90
A te TA S Fe gu fd 6s notes 102
iioo% 108
82
N orthw U n. 1st 7s 1917
75
A tl’taA Ch A lrL l s t 7 s ’07 117
Ch A E ast 111 sink fd col t r
Atl AP cts of dep gu 4s s t’d
i 99% 100
30
B A O 3%s, when issued..
25
05% 95% Cln ASpgf 2d 7s gu C C CAI
95
Do 4s
*‘
“
$ 00
93% 93% Col. A Seaboard 4s (w. 1.).
Do
1s t pref. (w. L )
82
Do P itts.Jc.3% s,(w .l.)
Do
2d
“
“
$102 i0 3 1 Bost A NY A ir Line—Com
45%:
Do
common
“
45
Preferred—See N Y Bto ck Ex ch.
Jack L A Sag 1s t e x t 5s ’01
$101 103 i California Pacific lst4 % s 98
Kingston A Pem b l s t M . .
Do
2d m ort guar 95
L N A A Ch 1st 0s C AI Dlv
Ch MU A St P Dub Div ’20 $120
$^nd Interest.
t P r ice
Do
Wls Val dlv 0e ’20 $120
Bid. Ask.
!180
109
142
110
103
9
4
108
118* *
per sh
81
38
i*
BONOS.
H , Y. STO CK E X C H A N G E
W kkk K n d i .n o O c t 2 1 .
I'HE
P rice
K rid a y ,
O r/ 21.
C H R O N IC L E .—BOND PkICES (.5 pages) Page 0.
W e tk 's
R ange or
i L a s t Sala.
I s
!!
,
Range
fr o m
J a n . 1.
BONDS.
A ik . L o tt. H igh. S o . Low H ig h
90 108
91 A tig’98
” *2 108 112%
no
i w " '.*!!!! n o
114%
110
117
Oct.
*88
.........
t& to.
N . Y .8T O O K E X C H A N G E
W kkk E n d in g O c t . 21.
I?
P rice
F r id a y ,
Oct. 21.
[V ol . LA. VII
W eek's
R a n g e or
L a s t Sate.
Bonds
Sold.
83-1
Range
fr o m
J a n . 1,
B id : A s k . L ow . H igh. N o. Lotc H igh
NoW eatnTeleg. See W esM Jti.
Peoria W at Co g 6 s.. 1889-19
PI Valley Coal fat g 6s.. 1920
" .................
Procter A (iam b 1st g 6s. .'40
...... ......
113 113
....
8
t L Tor Cupplos S tation A
......................
PropCo
1st
g
4%e
6-20
yr’
17
■q OM L N Y l ftt con g 5*.. ’32
8 Yuba W at tTo con g fls. .'23
.........100
i o i F e b *97
I q G A Fuel. S tf IMi A COft.
8p Val W at W orks 1st 0».'OA
• io 8 % n o
108 OoL’08 .... 96 109
<#♦» ® ec Co deb g 5ft. . . 1982
8tan Rope A T 1st g 6s.. 1946
’ 7 5 " ! ! ! ! ! ! *7*5 "
*77** Vo * 5 { " **82*‘
Or t u p G L Co 1«t g a*.. 1913
• 94 .........
Income g 5 s................... 1946
18
t9
39 11
10 Sale
24%
* O M o Q w C o 1st «r a*.iw aa
4 100 105% Bun Ck Coal 1st g s f 6 s..l912
105 . . . . . . 105
105%
U r U w - L O o o fS lL lfttg S ft'lb
T enn Coal T D ir l» tg 6x1017
. . . . . . 02
98
93
7 70
93%
H a t Fuel O u Co See P ftopO u i
111 ffOY'07
Birra Dlv le t o o n 6 s .. ,191?
03 Sale
02
93
5 79
POO Gm A C lftt gu f Aft.. 1004
95
102*’ 109
•*.!!!!! i o a " 100 O ct,'08
C»h C M Co 1st gu g 6s..*22
* ....
93
84 gtd g Aft.................... 1004
115 120
Do Bar C A I Co gu g 6 s .'10
m « A au’98
83 Jail. ’98
83
83
•
!•! oostot g 6ft............1 9 4 3 |
......................
iio %
U S Loath Co s f dob g 6 s .'1 3
•116 ......... 116% OCt.’08 . . . . l l l % l l f l %
108
Refunding g 5a............1 9 4 ?
Vt Marble 1st s f 5 s.......1910
R egistered..................1947 M-M
102 106% W est Union deb 7s. . 1875-00
108%
... 106% Sop.'08
Cb G-LACke let g u g 3* 37
107 Sep ’08
105 107
101 106
•104% 165 105 O ct.’OS
R egistered.......... 1875-1000
C onti Co of C hi stgu £ 5»’3A
105 M ar *98
105 105%,
105% Sale 101% '.05% *27 102 108
D ebenture 7 s .. . 1884-1000
Kq <1 A F Cb lftt g u g As.'05
.....................
25 101% 105%
102% Sale 1 0 2 * 108
R egistered.......1884-1900
H a Fuel tins 1st g u t 5.1947
101
101
•104
101
M
a
r’98
.........
Ool
tru
st
cur
5s...........
1938
Wealn G u Co ool t r g 5s...'33
22 105 113
110% 118% 111% l l l k
Mut Un Tel « f d 6 s ... 1011
•112 ......... 112% Sep.'08
111 112%
N orthw estern Tel 7 s . . . , '04
— MISCELLANEOUS BON 0 8 .
113 .........
81
93%102%
101%
W h L H A l 'C Co 1st g 5 s .'10
A denis Kx—Col trg 4 s.l® 4 8 >1- 8 101% Sale 101
12 103%109
100
W hltobrst F gen s f 6 s .. 1908
A m Cot Oil deb g U s... 190o Qu-P 109 Sale 100
Am Dk A Imp 3*. bVrCenNJ
64
90
81 OoL'98
83
U. 8. GOV. SECURITIES.
Am Spirit* Mfg le t g 6s. 19 15|M- N 82
da ilt/ record see seventh pa oe p receding.)
U 8 2s registered— Optional Q- Mi 9 8 % ......... 98 Apr.'98
er A 8 Cat Co 1st gfla. 1042 J - J
08
98%
8 8 % ......... 87%
88% 14 84 i(Jo% U S 3s res Istored............. 1018
105 105% 106% 105% " 6 104%105%
k‘u W i W U 1st g 59.1945| F -A
I0 fi^ Sale 105% 105% 701 104 105%
U S 3s coupon .................1018
r \» h Com! Min. SfftT C I A K.
100% F e b ’97
U S 4s registered............. 1907 Q -J t 110%
2 100% 113%
V 'hlo Jo A 8 t Yd OOl g Be. 1915 J - J
110% 1 10%
U 8 4s c oupon................ 1907 Q -.Jt 111% Bale 111% 111% 16 107 114%
Cl s e rf Bit Coal. See N Y C A HI
100 Sep.’OS .... 95 102
U S 4s registered ............. 1025 Q- F 126% 127% 127% Oct.’OS
110% 129%
Col C A 1 lftt con g 6 s . . . 1900 F -A .........101
U 8 4s coupon ................. 1925 Q- F 127% 138% 127% 127% ' 7, 117% 1201k
O oIC A l D ev C o g u g 5 s..l9 O 0 jj - J •100 101
100 104
104 J a n .’98
U S 5s registered ............. 1004 (J- F 1 H « H 2% 112% O et.’lte
Ool Fuel Co gen gold fle.1919 .H-N
100% 112%
80
84
82 Sep.’98
U 8 5s c oupon.................. 1004 Q- F 112%113% 112% O ct.'98
100% 115
Col F A I CO gen « f g 5a. 1943! F - A
101%105% U S 6s c u rre n c y ............... 1890 J - .1 1 0 2 % ......... 102% 102% “ 5 102% 104
101% Apr.'OS
Com Cable Co l«t g 4s.. .239710 - J
104 104
104 Feb.*98
R egistered.....................339? Q - J
U 8 4s reg certs (C herokeeI’99 Mch 102 .........
STATIC SECURITIES.
C A I. A e T C A I.
D ele Berdel
Alabama—Class A 4 to 5.1906 J - J 108 .........
108% 109
A II Can. See KR bonds.
10 16
10
10
17
Small........................................
17 Sale
108 ......... 105 Aug'98
105 108
Dftt MAM Id gr 8%ftS A.19I I A -O
98% 08%
98% Mar 08
Class B 5s................... ,.1906 J - .1 108 ......... 108 Sep.'98
• n e T A T c o ltr g s f S f t... 1926.J - J
105% 108
95% Jan .'9 7
Class C 4s........................1906 J - J 100 ......... 98 A ug’98 . . . .
98 100
Gr R lr Coal A C le t g 6s. 1919; A -O
111 A ug’97
Currency funding 4 s ...1920 .1 - J 105 .........
H ead BCo l e t e f g 6 e . . . 1931 M -8
D lstof Columbia—3*65s. 1924 F- A 1 1 7 % ......... ►110 Sep.’OS
115 117
1 il Steel Co deb 5».......1910 J - J
Louisiana—New con 4s.. 1914 J - J 105 ......... 101 Sep.’98
70 A pr *97
1- Non-conv deben 5 s ... 19131 A - 0
100 105
Small................. .....................
rou Steam boet C>» 6 s ... 1901 J - J
98 100%
100% M a r’98 . . . .
107 M ay’*97 .... .................... Missouri—F u n d in g ...1894-95 J - J
JeffA C learC A I let g5a 1926 J - D
80 M ay’97
N orte Car—Consol 4s. ..1910 J - J 103 ......... 101 J a n .’OS
3d g 5a............................1926 J - D
101 101
102 J ’I y ’97
ard’n ls t g 6 e .l9 l9 M-N
8m All....................................... J - J
M ode t SqG
6s..................................... 1019 A -O 122 ......... 128 Feb.’98
T A T 1st ■ f g 5s. 1918 j31-N
128 128
So Carolina—4%s 20-40.1938 J - J 103 .........
R egistered ....................1018I3I-N
Teun—New settlem ’t 3s. 1913 J - J
85 J ’ne’97
91 ......... 98% O ct.’OS
Mich Pen Car Co l»t g 5 s .'42 M- 8
87
93%
Small....................................... J - J
88 J 'n e ’flS
87
88
Mut Cn Tel Co. Sr* Wu On.
107
10 105 109
V ynt 8tarch.MfgCol9tK6ft'20 31-N i o « « ......... 107
Virginia fund debt 2-80.1991 J - J
7 8 « 7 9 « 78%
78% 28 65
78%.
R egistered............................. J - J
l l wpt News SAD D 5ft. 1990 J -J1
6s deferred bonds................
N Y A N J Tel gen g 5» cy.*80 31-N
Trust receipts stam p ed ---7% O ct.’08
N Y A Out Land lsr g 6ft. 191 O F - A
* «
714
iii
riday; th ese a re la test bid and asked th is week.
f Bonds due July.
* Bonds due May.
i Bonds due A pril.
| Bonds due January.
Dei U w Oacoa l i t g 5#.. 1918
Bd S3 111 1*1 m o t g 5». .1010
lftt COU g[ a*........ ......... IM S
■d K1 til B’kJyn l*t g 5«. 1940
K«tlaUr«l........................
B
OUTS IDE S EC U RI T IE S
(G iv e n
ax
foot
of
7
III Is c e lla n e o u H .
Ask
Bid. A.S. ||
_____ R q l l r o a d x
H T Hi deb 5» gu Mon R y . 98 .........| G alveston W harf—1st 5a. 99
100
Genesee F ru it............. 100
....
No Pacific Mo Dlv 1st 6 s .
German Am Real Kst.100 23
30
ptuxb A ConnellsT 1st 7s 104
Do oon 6s gu by B A O 115 ......... Glucoae 8ng Ref-Com.100 62% 03%
Bock tftl'nd A Peoria. lOO1 100 105 1 P re fe rre d ..................100 108% 108%
Goodyear Shoe M ach ..25 39% 39%
«t P Kast A Gr T r 1st 6s.
Gorham Mfg Co-Corn. 100 ......... 100
Tenn C IA By con An 19 0 1[
P re fe rre d ..................100 x l l 4 120
Do So PitU b 1st 1902.
M l a c t l l a a r o u * . Pur.
Great Falls Ice............100 120
Acker Merrall A Con. 100 07 100
H artford Carpet C o .. 100 61
Am Alr Power o f N Y. 100 21% 83
H eck-Jones-J M lll-Pf.100 .........
Am eric'n A xe A Tool. 100 j 18* ST*
lftt 6s 1922............. MAS 88
Amer Bank Note C o ...50 \t 31
40 i H er’g-Hall-Mar-Com. 100 .........
American Brake C o.. 100 67
00 |
P re fe rre d ..................100
3%
Amer. Caram el—Com
35
Hoboken Land A Irnp’t . . 100
08 101 1 5 « ...................................... 107% 110
P re fe rre d ................. .
Amer Groc—1st prof. 100]
In tern atio n al K levat.100 75
9
80
Amer Malting Co---- S<< Stock Ex r t International N avlg.,100 . . . . . 105
Am Pneum at Tool Co. 10
In tern atio n al Paper 100 ) See St ock
Amer Press Aftaoc’n ..l0 0 i 100 105
P referre d ............ 100 ) Exch list,
140
A merican Screw.......M V tllO
Bonds 6 s..........................4108
110
Am Smokeless Powd.100!
In tern atio n al P u lp ...100 . . . .
An. SodaFOun—Com. 100
Vo"
«*i Iron Steam boat.......... 100 f..
50
l i t preferred............. 100 45
6a 1901.....................JAJ
55
60
17
31 preferred .............100
John B S tetso n —Com.100] 45
Amer Steel A W ire—8// St’ck E x i't
P re fe rre d ............ ...1 0 0 100 110
American S urety......... 601 1011 175
Joum eny A Burnham. 100
22
Am Typefo'm —Stock. 1001 47
P re fe rre d .................. 100 65
50
70
A m er-ew lug M achine..5|
KnJckerb r Ice (Chlc.)w.l.
46
43
Amer H tm w board.,..1 0 0 | 31
Pref. (w hen Is su e d )....
80
81*
78
Amer W ringer c o m ...l0 0 ......... 103 1 Knickerb Ice—Bonds 5 s..
86
92
Lawyers’ S u rety.........100 109 105
P r e f.................................. , 114
Am ar G raphophone.. . .10 185 140
Lawyers' T itle I n s .. .. 100 150 156
P re fe rre d .................... 10 145 155
LorlUard (P )—P re f... 100 114% 117%
Anderson (John) Tob. 100 10
IS * Madison 8q G—Stock. 100
5
Automatic V ending... 10 25
2d 6s 1919............. MAN 25
85
Barney ASm Car-Corn. 100
Maine 8 8........................ 50 40
16
Preferred ...................100
55
Merch A M iners’88 .. 50 120
6ft 1942.....................JA.I 97 100
80
M ech'ntcal Rub-Com.100 20
1. list.
P re fe rre d .................. 100
60
110
184% 186%
M enrentbnler Ltnot
.Meriden B ritannia Co. .25 60
t 12% 20
65
BllM Company—C o m ..50 110 125
Mich-Pen Car—Com .. 100
0
14
Preferred . . . . . . . . . . . 5 0 109% 110
P re fe rre d .................. 100 58
61
Bond A Mort G oar ..100 102
1st 5s 1042............. MAS 8S
92
Cart er-Cru me—Pref. 100
.........| Minneapolis Brow 1st 7s 103
Ml L
Celluloid Co. ............ 100
100
Cent America Tr'nalt-100
36%
% . . . . . . 11 Monongaheln W ater..,25
3
3 1 Nat Biscuit—See Stock Ex
P re fe rre d .
40
35
P referred—See Stock E
40 1 National Caaket Co. ..100
80
Che* A n Grain El—Inc.
25
IS * 17% National Saw—P r e f .. 100
4 i.....................................
65
75
National S u rety .........100
200
CheeebroDgh Mfg Co. 10(
315 ; National Wall Paper. 100 55
65
02
«7
'1 aflIn ti l B '-lftt p re f.io t
N V Loan A Im p .........100
60
95
00
N V Biscuit «ft 1911 .MAS 114 ilfl*
listNew J e r Zinc A Iron.. 100 100
75 ......... N Y Air Brake—He* N Y H tock If xch.
Conies C o ...... ............ 10* 118
Nicholson Kile Co.........50
55
18
Comstock T o n - 1st In c ...
2
N icaragua C o n stru ct. 100
10
7
3 2 * 37* Peck, Stow A W ilco x ..25 t 18
tt ' 10 PegaiD'dri, p r e f ........ .100 55 65
40
PennsyW .Salt—See Phil a Ex. 11 St.
85
BO
Penn. Steel 5a 1917.MAN
100
20
12
2 1 * Penn. W ater—C o m ....50 10
72
Phil A Wil Steam boat. 50 180 142%
68
Pneum atic G unC ar'ge. 10
2
....
VCualoy Land .......
P ra tt A Whlt-n—Com.. 100
i* 8
Kpperi• 8m A W ien
50
....... 75 j P re fe rre d ..................100 45
P rocter A G am ble.. .. 100 260
Preferred .................. 1Q0 160 165
80
Federal SteelKxch. Hit.
R .I.Perkins H orse8h. 100
Pref.
He*
: list.
Preferred .................. 100 30
vid»lrty A Gam
250
Ruseoll A Rrwln—
)' 140 u s
Safety Car H eat A Lt.100 10 0 105
c o n s e c u t iv e
p a g e s ).— R R
>1 i-c c l I n ii'-oim .
Schwarichild A Sulzb.100
Semet-Solvay deb 5s.......
Simmons H'rdw-Com . 100
P referred ............
100
Singer Mfg Co............. 100
Standard Oil.................100
Stan. Dlst. A Dis.—Com..
P referre d ........................
Stand Und’rg’d Cable. 100
Sloes IAS 1st «s 1917. FA A
Southern Cotton O il.. .50
8tat Isl R T 1st 6s* 13 A AO
2d 5s 1926................ JA J
Sttllw-Blerce A Sin-V.100
Swift A Co.................... 100
1st 6 s . . . . ............ ...........
Susq Coal 6s 1011----JAJ
Term W aroh—Stock.. 100
1st 6 s...............................
Debent ure 6 s ..................
f in n k a .
Bid
35
101
110
116
x4C5
415
zo
08*
117
88
80
107
60
96
1100
115
Ask.
45
103
113
126
425
410
2 0«
0 9*
110
.....
90
7*6
yn
100
108
10
70
70
s
.,
fiANKS, MISCEL.
[H la c e lln iie o u n .
Texas A Pacific Coal. 100
1st 6s 1908............. AAO
T itle G uar A T rust .100
T renton P o tt—C om .. 100
P re fe rre d .................. 100
Trow Directory-N ew . 100
Union Switch A Signal.50
P r e f e r re d ....................50
Union Typew r—Com. 100
1st p re fe rred ............100
2d p referred .............100
U S Glass—C om m on..100
P re fe rre d .................. 100
U 8 P rojectile Co........ 100
W agner Palace Car. ..1 0 0
W esttngh A ir B ra k e ...50
W lllimantlo Linen Co.. 25
W orth’t'n P'mp-Com.100
P re fe rre d ...................100
liu n U n .
N. Y. CITY.
A m erica*.... 350
Am Exch---- 17 l
A sto r............ 250
A stor Place* 245
Bowery*....... .........'300
B roadw ay.... 220 230
72
B utch's A Dr.. 67
C e n tra l........ 160
C hase............ 2*5
C h ath am ---- 290
Chemical...... 3800 4100
Cl t D ens'.......
City ............... 1000
Colonial* — 140
155
Columbia*...
O ra m t r e e . .. 206 210
C ontinental . 28
Corn Exch*. 26<i
East River. 130
11th Ward* 225
F if th ............ 335
Fifth Ave*.. 2750
F irst.............. 8750
First (St Isl)
60
F o u r th .......
14th Street*
F ran k lin ....
G a lla tin .......
Gausevuort*.
100
Garfield......... 1050
German Am* U 2
Gorman Kx*
Qeriuanla*.. 850
Greenwich*. 165
H am ilton*.. 115
H anover---- 400
95
Hide A L’ath 85
145
Home*.........
H udson Rlv 140
Imp A Trad 460
Ir v in g ......... 147%
L eather Mfr 170
L ib e rty ....... 150
L i n c o ln ........ 750
M anhattan* 800
M arket A Ful 310
Mechanics' 160
Mech A Tr«
Via'
M ercantile .. 167
M erchants’. . 140
Merch Exch. 117
M etropolis*..
Mt M orris*.. 100
M utual*........ 100 120
Nassau*........ 150
New Amst-*.. 225
New Y o rk .... 220
NewYork Co. 1200
N Y Nat Ex.. 91
N in th ............
19th Ward*..
North Amer. 135
Oriental* ... 140
Pacific*....... 175
P a rk ............ 320
Peoples’* ... 2 0 0
90
Phem x . . . . .
95
Plata*.......... 290 810
Prod Exch*.. 112 117
Republic
IP 5%
R iverside*... 190
178
S eaboard.
450
Second ...
S eventh...
130
Shoe A Le’th 90
81rth . J
250
State* .
State of NY* 108*
Tradesm en's
12th Ward*. 125*
23d W ard*... 100
230
Union.,
Union 8q*.... 175
W estern ....... 150
W est Side*.. 275
Yorkvllle*.. 175
55
102
285
5
28
30
72
112
13
100
90
2<*
70
H nti I( m.
Kings Co*....
M anufact’rs.
Mechanics*..
Mech A Tra*.
N a ss a u .........
N at C ity.......
N orth Side*..
People’s* —
Scherra’rh ’n*
17t.h Ward*.
Sprague .......
26th Ward*..
Union*..........
W allabout*..
100
240
225
230
275
330
160
190
140
100
11»
255
260
285
345
176
195
150
105
215
140 143
100
ioo* 105
T r u s t Cow.
N. Y. CITY.
Am l>ep A L.
A tlantic T r . , 145
C entral T r’st. 1400
Colonial........ 245
C ontinental . 185
C onsolidat’d.
Karra Ln ATr
Fifth Ave T r
G uaranty T r 425
Knlck’rb’ck’r 270
M a n h a tta n .. 105
M ercantile .. 400
M etropolitan 800
N Y U A Tr 1200
N Y Sec A Tr 400
North Amer.
Produce Kx. 260
Real Est T r’t 200
State T ru st.. 103
L111oh Trust.
U 8 Mtg A Tr. 280
Unit. States.. 1225
BR’KLYN.
W ashington. 230
B ed fo rd * .... 215
BR’KLYN.
Broadw ay*.. 180 190
Brooklyn Tr. 390
Brooklyn* ... 125 130
F ran k lin ....... 225
8th W ard*...
05
H a m ilto n ....
5th Ave*__ 104 107
Kings Co...... 290
First............... 880 890
L I bI L A Tr. 2 2 0
F u lto n * ...,., 180 200
M anufacture. 237
Ger Amer*.. 90 100
N a ssa u ......... 159
H am ilton*... 105
Peonle’s . ... 250
asterisk (•) are State banks.
tP rio e per
Banks marked with an
4 Purchaser also paye accrued interest.
82*
290
10
85
35
74
114
15
103
100
26*
80
100
163 16fr
t ......... 160
t 25
35
40
00
90
350
215
2(6*
290*'
400
235
235
1.61
USf!
s h a re
THE CHRONICLE.
O gtobeb 22, 1898.]
835
Boston, Philadelphia and Baltimore Stock Exchanges— A Daily and Yearly Record.
S h a r e P r i c e s —N o t P e r C e n t u r a P r i c e s .
S a tu r d a y ,
Oct. 15.
M onday,
Oct. 17.
35% 39
24% 25
24% 25%
250 250
*69% 70
226 226
104 104
113% 114
*120 122
120 122
121% 121% 121 131
107 107
106%107%
*23% 23% 25
25
x40
40% 40% 40%
50
50
105 105 *104% 105
♦37
40
*95% 96%
*05% 96
*07 . . . .
19% 20
*20
20%
4% 4%
4% 4%
♦8 1 % .........
•81 .......
40
40% 39% 40%
75
75%
75
75
192% 192%
*190 . . . .
34% 34%
2 iH 24%
24% 24%
250 250
60% 70
226 226
164 164
114% 114%
58%
90%
8 8
• 2 0 % 2 0 % 19 19
9%
10
10
32% 32% *32%
64%
65
65
19%
19% 19%
85%
86
86
58% 58%
90% 90%
8 9-10 8%
276 277
276
110% 112%
107 108%
100% 107
237 237
233 235
32% 33% 30% 32%
580 580
580 580
05
05
65
65
26% 26% 20% 26%
38
38% 38% 38
275
• 21 %
22
29
29
•37% 38%
5% 5%
20
20
120 % 120 %
23% 24
45
45%
*1 . . . .
32% 33
•56% 57%
• Bid and
75% 70
• 21 %
37% 37%
5% 0
28% 28%
24
43%
•1
33%
57
88* 39*
24* 24*
24* 24*
249 250
70
70
*226 .
164 164
114% 115
*120 122
*121 123
107% 107%
*24* 25
40
40
25
45
.......
34
57
INACTIVE STOCKS
W
Oct. 19.
.
*2
38% 39
24% 24%
*1
1
1
1
1
Oct. 20.
39
39%
24% 24%
249 249
69% 70
*226 227
103 104
114%114%
121% 123
....... 122
24% 24%
40% 40%
107% 107%
24
24%
40
40
104%
104% 104% 1
*39
*39
*96
•9 5 * 9 0 *
*67
•64
19% 20
19%
19* 19*
•4%
4% 4%
4*
4*
•81
39%
39% 39%
40
40*
74%
74% 75
75* 75*
192%
*192
193
58% 5 8 *
90% 9 2 *
0-16 8% 8
19*
5-10
9%
*9*
32% 32%
65% xB 3 *
19% i m
86
86
110% 1 1 1 %
75% 75%
Tuesday,
Oct. IS .
104%
40
....
....
19%
. ..
30%
74%
193
58% 58% 58% 58%
58*
90% 90% 90% 90% 90%
5-16 8 3-16
8% 8 3-16 8%
19% 19% 19% 19%
19*
9 7-10
9*
9%
9%
82
32*
32% 31% 31%
03% 03% 03% 03%
63*
19% 19% 19% 19%
19*
•85% 80
86
80
80
270% 278%
112% 113% ]
107% 107%
237 237
i
31* 31*
580 580 *1
05
05
20%
2 6* 26*
44% 4 4 *
7 5 * 70
22
37*
0
22%
37*
6%
28*
20
120%
24*
28*
20%
121
25%
•1
33
33
•5 8 * 58
no sale was
277 277%
111% 112%
107% 108
108
233% 234%
239
33%
31% 32
580 580
585
04% 05
05
26% 20% 27%
37% 37%
44% 45
75
75
22
22%
37% 37% 37% 37%
6
0
OH
130
135% 130
28% 29
28% 28%
20
20%
19% 20
120% 120 120%
24% 24% 24% 25
44
44
•1
1%
1%
33
33
34
34%
57% 57% *50% 57%
n----- * Tr. recetuts; all
B id . | A sk. ||
Oct. ;21. II
12% 12 * l|
At Top A 8 F e..(B o
119 ;120
Atl A Charlotte(Ba!
43
41
Balt A O all pd. “
Bos A Maine pf.(Bost)10C 100 .........
280
Boston A P rov. “
STOCKS—'BONDS
F r id a y ,
Oct. 21.
ACTIVE STOCKS.
U Indicates unlisted.
S a le s
o f the R a n g e o f S a le s i n 1898
fFeefe.
Shares
L o w est.
H ig h e st.
R a i l r o a d S to c k s .
39
39% Balt.City Pas.,new , 1 s tin.pd. (B alt.)
25
5,705 34% Oct. 15
25
9,060 21% Apr. 26
“
24% 24% Baltim ore Consolidated........
4,788 21% Mar. 12
24%
24% B altim ore Consolidated?. . . . (Phila.) . . . . 25
.................... Boston & A lbany.................. (B o s to n ).... 100
54 217% Mar. 29
100
287 52% Mar. 20
70
70 Boston E levated......................
“
100
14 215 A pr. 2
.................... Boston A Low ell.........................
“
100
133 160 Mar. 12
.................... Boston & Maine............................
“
100
3,450 85% Mar. 26
114% 115% Chic. Burl. A Quincy..................
“
100
907 102 Mar. 14
122% 124% Chic. June. A Un. Stock Yds.
“
100
75 105 Mar. 12
............... .
P r e f e r re d .............................
“
100
108 108% Chic. Milwaukee & St. P a u l. (P h ila .'
2,000 83% Apr. 21
50
1,010
24
2 4 Choctaw Oklahoma & G u lf..
“
9 Feb. 25
50
945 27% Jan . 4
“
40% 40% P referred..................................
100
105 37 Jan . 3
50% 50% Consol. Traction of N. J . ? . ..
“
104% 104% Fitchburg, p re f...................... (B o s to n ).... 100
178 98 Mar. 28
100
32 27% May 9
39% 39% Ga. Southern A F lorida........ (B alt.)
100
84 May 25
•95,
96
1st preferred............................
“
100
'......... 05
2d preferred ...........................
“
55 May 3
50
1,221 19% Oct. 20
19%
19% Lehigh V alley........................ (Phila.)
905
................... M exican C entral..................... (B oston). . . . 100
4% Apr. 6
50
•81
82 N orthern C entral.................. (B alt.)
76% Jan . 14
100
6,007 19 Feb. 24
89% 40% N orthern P acific.....................(Phila.)
100
74% 74% Preferred...................................
“
1,497 57% M ar. 20
45 185% Mar. 16
.................... Old Colony.....................
(B o sto n ).... 100
18 Jan . 4
....................Oregon S hort Line.......................
“ . .. 100
50
1,113 55% Mar. 12
58% 59 Pennsylvania.......................... (P h ila .)...
50
729 77 Mar. 25
90% 90% Philadelphia T raction...........
“
50
8,100 7 13-10 Mar25
8 1-10 8% R eading Company.....................
“
19% 19% 1st preferred.
7,838 18% Mar. 20
50
980
50
9% Oct. 21
... ..
9% 9% 2d preferred.
32% 32% Union Pacific..........................(Boston) — 100
758 10% Mar. 25
03
63
1,349 47 Mar. 25
100
P referred
19% 19%
50
7,164 12% Ja n . 8
80
86 |
50
473 78 Mar. 25
m i s c e lla n e o u s S t o c k s .
100
277% 278 !
387 238 Mar.
110% 111%
100 21,880 107% Mar.
100
P re fe rre d ? ............
354 103 Mar.
229% 235 Boston A M ontana..
25
4,887 149% Jan.
8 0 * 3 2*
25 18,640 18% Mar.
580 580 Calumet & H e c la .
25
44 489 Jan .
, (B alt.)
65
65
100
367 52% Jan .
27% 2 7*
10 0
5,034 14 Mar.
3 8 * 39 E lectric Storage B attery 1 . . (P h ila .). . . . 100
1,718 18% Mar.
45
40
100
P re fe rre d ? ...........................
“
917 21 Mar.
100
7 4 * 74* :
070 59% Mar.
100
44% Mar.
50
2 2 * 22*,
185 20 Mar.
•37
38 Lehigh Coal A N avigation... (Phila.) . .. 50
201 37 July
“
100
«*■ M arsden Company ?...............
5 May
5*
3,850
New England Telephone.......(B oston).. 100
58 120 Mar.
28% 2 8*
25
1,090 21% Jan .
6 Apr.
1 9 * 20 Pa. Mfg. Light & Pow er? ... (P h ila .)... 50 10,402
120 120% U nited Gas Im provem ent?..
“
50
2,457 97% Feb.
U nited States Oil........... .....( B o s to n ) ... 25
4,720 10% Feb.
•44
4 4* W elsbach L ig h t? .....................(P h ila .). ..
5
505 33% Feb.
W est End L and................... ..(B o s to n )... 25
1 Jan .
34
34 W estingh. Electric A M fg ...
“
50
891 20% Apr.
Preferred
50
45 50 Apr.
instal. paid, it Tr. r e e f . 7 Kx rights. | Low est is ex dlvildend.
B id . A sk.
MISCELL.—Concluded.
2
3
I n tB u tH A S M “
10
M arsden pref? (P hil) 100 3 8 % .........
M erg en th aler.. (Bost) 100 184%; 185%
M orris C an al...(P h il) 100 50 |.........]
P r e f .................. “ 100
Osceola M lning(Bost) 25 *64’ T 04%i
54 : : : : : : P a rro tt SUACop “
10 23% 24
1st pref..
8 • 1°
Ponnsyl S a lt...(P h il) 50 102 % .........
53
55
Pennsyl Steel?. “ 100
P ref................. “ 1
16
10%
40
42
P r e f ? ................ “ 100 86 : 40
Central O hio .. .(B alt)
12
PhU’delphla Co(Bost) 50
1
5
24
P u llm an ’s P a l.. “ 100 190 197
......... ......... Quincy Mining. “
City A 8uburb .. (Balt)
25 122 124
152 155
Conn A Passum (Bost) 1
Reece B uttonh. “
10
11% 11%'
Conn R |r « r .... “ l
260 265
Santa Ysabel G “
5
0
0%
Flln* V l ere M. “ 1
12
14
T am arack Min. “
25 175 176%
30
P ref................... “ 1
38
U nited El Sec.. “
50
134%
G 'rm ant’n Paas(Phll)
P r e f .................. “ 100
40
H estonv M A T “
W ater Pow er.. “ 100
% 1
P r e f ................
07
18
W elsbach C om ?(Phll) 100 15
70
10* 12
H unt A Broad T “
P r e f ? ............... “ 100
05
P r e f .................. “
3 7 * ! W estm ’rel Coal(Phil) 50 49
10
15
W olverine M in.(Bost) 25 27% 27%'
P re f.
50
00
W ollaston L 'd . “
5 1
54
54*
132 135
B o n d s - B o s to n .
159 159* Am Be.l Tel 4 s..1908 JAJ *102% 108
Mlnehill A S H . “
5' ......... 50% A T A S K g e n g 4 s.’95 AAO * 93% 93%
Nesquehon'g V. “
6'
55
A d ju stm en t g 4 s ..1995 * 71% "2
New E n g lan d ..(Bost) 101' 30
38
B A M 3d is 7s.’02-07 MAN *.........
P r e f .................. “ 10 i 96
9*
Boston T erm ’l 3 % s..l9 4 7 *109% 111%
North P e n n ....(P h il) 5
B osU nG as l s t 5 s . ’39 JA J I 90
9 6 * 98
No A W Branch “
5
2d M 5 s.......... 1989 JA J I 70
P e n n A N W ... «
5 .........
B u rA M o R iv ex ’pt0s.JA .I *117 118
Phil A Brie....... “
5 • ......... 18
N on-exempt 0 s .’18 JA J *107 108
Phil Germ A N. “
5 1 130
Plain 4s.......... 1910 JA J \ 98
United N J ....... “ 10 258
Ch BurA N ls t5 8 .’26 AAO *107
Gnited T r of P . “
5
15*
2d M 6 s.........1918 JAD *101
44
P r e f . . ............... “ 5
4 4 * Ch Bur AQ 4 s .1922 FAA IlOO
W est End pref.(B ost) 5 108 110
Iow a Dlv 48.1919 AAO *100
W est J e r A SS .(P bll) 5
53% 54
Chicago Ju n e 5s. 1915 JA J •
W e s tN Y A P a . “
5
3*
3 * Ch A No M gu 5 s.’3 l MAN
Wlscon Central (Bost) 10 )
2
3
Chi A W M gen 5s.’21 JAD
P r e f .................. “ 10 )
3
5
Con. of V erm ’t 5s.’13 JAJ
W or Nash A R. “ 10
120 125
Curr’t Riv 1st 5s.’27 AAO
MI SCK LL AN EO US.
D G R A W 1st 4s.’40 AAO
4
4 * DomlnCoal ls t0 s.’13MAS
3% E ast’n 1st M 0s g.’06 MAS
5 ...* f
F r KIkAM V 1st 0s ’33 end
D .........
Anniston Land.
U nst’p’d ls t0 s .’33 AAO
Arnold Mining.
5 18
1 8 * HI in Steel conv 5s.’10 JA J
Ash Bed Mm’g.
Debentu re 5s. 1913 AAO
5
2*
2*
A tlantic Mln’g.
5 20
2 7 * K C CA S 1st 5 sg .’25 AAO
Baltto M ining..
5 17
17* K C F t SAG 1st 7s.’08 JAD
) 21
K C F SAMcon 0s.’28M AN
0
1*
i * KCM A B I s t 4s..’34 MAS
) ......... 60
Income 5 s.......................
) ......... 90
K CA M RyAB 5*.’29 AAO
) 152 154
K C St Jo AC B 7s.’07 JA J 1120
Boston L an d ... “
0
4
,
4 * L am s’n S t’re 8 6s.’09 MAS { __
Boylston St L’d “
5 .......
L Rock AF S l s t7 s .’05 JAJ {104 105
Cam bria Iro n ..(P h il)
> 5 3 * 54
L EASt L 1s t 0s g.’26 AAO ‘ 40
0 74* 75 *
2d M 5-0 g ....l9 3 0 AAO
5 19* 20
M arH A O n t0 s...’25 AAO {110
Mex C entral 5s. 1917 A AO
0 111* 112
4s g ................. 1911 JAJ { ' 0 2 % 03%
Edison El 111...
0 194 196
13 i
12
1st con inc 3s g non-cum
F t W ayne Elec?
5
1
2
5%
2d con Ino 3s non-cum..
4%
Franklin Min’g.
5 1 3 * 14
.
New Eng Tele 0s.’99 AAO
French Bay Ld.
0 s ................... 190 AAO l'° L
5
H
*
General E le c t..
0 78
7 8 * N YAN Eng lBt 7s.’05 JAJ {119
) 167 108
P r e f ................
1st m o rt 0s.. ..1905 JA J {113
BONDS
B o s to n —Concluded.
Ogd A L C con 0s.’20 AAO
Income 0s...............1920
R utland 1st 0 s ..’02 MAN
2d 5s.............. 1898 FAA
W est End S t5 s ..’02 MAN
4%s .................1914 MAS
Gold 4 s.........1910 MAN
4 s ....................1917 FAA
B id .
A sk.
♦
95
15
{100 107
{100 101
f 105
{109
{.........
5105
B o n d s —B a l t i m o r e .
Atl A C h 1st 7s. 1907 JAJ 120 120*
A tlG -L lghtlst5sl917JA D
Balt. B elt 1st 5s.l990MAN 101 102
Bal tC Pas 1st 5s. 1911MAN 115 n o *
Ba.t Fundg 5s.l910 MAN 121 123
Exchange 3%s. 1930JAJ 107 107*
BaltAOhlo 4 sg.l935 AAO
PittsACon 5 g,1925FAA
Stat Isl 2d 5 g. 1920 JAJ
R eceiverscertif 0s.JAD I.
Do M aryland Constr 5s. §.
Do P ittsb A Con 5s.JA J 1.
Do Main Line 5s............ I .
BAOSWlst.4% g. 1990JAJ 104%
B altA P lst6sm l 1911AAO 123
1st 0s tunnel 1911..JA J 123
Bal Trac 1st 5s.l929MAN 115 116
E xt A Imp 0S.19O1MAS 103 104
No BaltDiv 5S.1942JAD 110 110%
Conv’rtlble 5sl906MAN 108 104
CapeFAYsrA6g.l910JAD 71% 75
1st 0s ser B..1910 tr rec 47
51
1st 0s ser C..1916 tr rec 40
50
Cent Ohio 4%s g .’30 MAS 107 109
Central Ry 0s.. .1912 JAJ
Consol 5 s .... 1932 MAN 110
E x t A Imp 5s.l932MAS 113 114
CharlCAA ext5s. 1910J AJ 108 110
Chesap Gas 0s. .1900 JAD 105
CityASub lst5 s.l9 2 2 JA D 115% 115%
Col AGrn v 1st.5-0.1917J AJ 117 118%
Consol Gas 08..191O JAD 117% 118%
5s.................... 1930 JAD 110 1 1 0%
Oa A A ialstpf5sl945A A O 104%
GaCar AN 1st5s g. 1929J AJ
94
GeorgiaP 1st5-0s 1922JAJ 120 125
GaSoAFla lst5 s.l9 4 5 JA J 100% 107
Lake R El lstgu5s'42M AS 118 114
MacAN 1st 4%s.l990MAS
M etStt Wash) 1st 5s’25F A 119 120
New Orl Gas 1st 5s...V ar 100
N orthC ent 4%s. 1925A AO 11 0
0s 1900................... AAO 103
0s gold 1900 .......... JAJ 105%
0s 1904.....................JAJ 113
Series A 5s 1920... .JA J 117
Series B 5s 1920....JA J 117
OhloAMlst7SD1905MAN 102
PittsACon 1st 7s 1898JAJ
P itt Un Trac 5s. 1997 JAJ 107% 107%
PotomVal ls t5 s. 1941 JAJ
SecA vTn(PittB)5s’34JAD 112% 118%
Seab A Roan 5s. 1920 JA J 104* 105
Virg Mid 1st 0 s .l900 MAS
2d series 0 s ..1911 MAS 117
3d series 0 s.. 1910 MAS 115%
4th ser 3-4-5s. 1921 MAS 102
5th series 5s. 1920 MAS 105
Va (State) 3g new.’S2JAJ 88
78%
Fund debt2-Ss. 1991 JAJ
VaA Tenn 2d 5s. 1900 JAJ 101
»..................... 1900 JAJ 107
BONDS
39% Oct. 20
25 Oct. 17
25% Oct. 17
202% 8ept. 20
71 Sept. 20
227 Aug. 27
171% Jan . 7
119% Aug. 18
120% Aug. 18
124 A ug. 22
115 Sept. 8
27 A ug. 24
42% Aug. 20
53 Aug. 11
106 Aug. 9
42 Aug. 26
90 Oct. 11
73% Aug. 25
26% Ja n . 3
6% Jan . 12
83 J u n e 30
42% Sept. 10
79% Sept. 2
195 Ju ly 9
30% Aug. 81
60% Feb. 7
95 Aug. 29
11% Ja n . 0
27 1-10 Feb. 3
14 9-10 Feb. 5
34% Sept. 10
67% Sept. 10
21% Aug. 23
87% Aug. 11
285
147
Aug. 15
Aug. 26
0
248 Oct. 8
50 Oct. 10
600 Aug. 18
00 % Aug. 18
27% Oct. 20
39% Sept. 29
40 Oct. 21
77% Sept. 6
74% Sept. 6
23% J u n e 8
43% Jan . 7
H H Ja n . 11
144 Aug. 17
32% Mar. 2
22 % Aug. 22
125 Sept. 19
25% Oct. 18
0 2 [ Ju ly
5
Jan . 8
37 Sept. 20
58% Aug 10
110 % Ja n .
B n l t i m o r e —Conclu’d.
W est N C con 0s. 1914 J AJ
W estV aC A P lsteg.’llJ A J
WllColAAug 08.1910 JAD
Wll A W eld 5s.. 1935 JA J
B id. A sk
115
109% 112
117
116
B o n d s —P h i l a d e l p h i a
A tl City 1st 5s g..’19 MAN 107*
C ataw issaM 7s. 1900 FAA 100%
53
ChesAD C an lst5 s.’10 JA J
Choc Okla A G prior lien 0s 100
G eneral 5 s ... .1919 JA J 102*
Cit’s’St R y(Ind)con 5s.’33 83
Colum S t Ry 1st con 5s.’S2
Colum O C rosst 1st 5s..’88 §101
Con T rac of N J 1st 5s..’33 108
Del A B Bk ls t7 s .’05 FAA 119
EaatAA 1st M 5s.’20 MAN 107
Edison Elec 5s stk tr ctfs. 109*
91*
ElecA Peop’s T r stk tr ctfs
ElmAWIlm 1st Bs.’lO JA J 121*
Incom e 5s— 2802 AAO 100
Eq 111 Gas-L 1st g 5s. 1928 107
H estonv M A F con 5s.’24 116*
HA B Top con 5s.’25 A sO 103*
In te rn a t Nav 0s....... 1900 106
K C Sub B 1st 6s..’20 JAD 102
K C P A G 1st 5s..’28 AAO 73
Lehigh Nav 4%s. .’14 Q-J 111
RR 4s g........... 1914 Q-F 100
Consol 7s........1911 JAD 128
Gen M 4 % sg .. 1924 Q-F 100
90
Leh V C’l 1st 5 sg .’33 JA J
Leh Val e x t 4s.. 1948 JAD 112*
129
2d 7s.........................1910 MAS
Consol 0s........1928 JAD 115
A nnuity 0s............. JAD
Newark Pass con 5s. 1930 113*
NY PhA N orlst0s.’23 JA J
No P enn 1st 4s..’80 MAN 112
Gen M 7 s.........1903 JAJ 115
P enn gen 0s r . . .1910 Var 127
Consol 0 s o . . . . 1905 Var 117
Consol 5s r ----1919 Var 122
Collat T r 4%s g.’13 JAD
P a A N Y Can 7s..’06 JAD 119
Cons 5s.........1939 AAO M2
Cons 4s.........1989 AAO
P enn Steel ls t5 s .’17 MAN 90
People’s T r t r certs 4s.’48 105*
Perklom lstser5s.*18 Q-J 102
P hila Elec gold tru s t ctfs 100
PhA E r gen M 5g.’20 AAO 118
Gen M 4s g .. 1920 AAO 100
P h A Read 2d 5s.’3S AAO 126
Consol M 7a. .191? JAD 132
Con M 6s g ... 1912 JAD 123
E x t Imp M 4sg.'47 AAO 101*
Con M of ’82 4s.’37 J& J 101
10-yr s f 5s g.1902 F&A
Term inal 5s g.1941 Q-F i i 9 *
P W ll A B alt 4s. 1917 AAO 107
C o lla ttru st4 s.l9 2 1 JA J 108
P itts CASt L 7s. 1900 FAA 107
Read Co gen 4s, 1997 JAJ 81
R ochester Ry con 5s. 1930 9 8 *
SchR ESldelst5s g’85JAD 108
Scran Trac 1s t 0s ’32M AN 108
Union Term ’l 1st 5s.FAA 97*
U nited N J 4 s ..1944 MAS 114
U nTracPltts gen5s’97J AJ 107
lU nll
I And accrued Interest.
coupo
108*
108
92
107*
105 ■
107
103
73*
107
93
113*
132
121*
114
116
128*.
.......
105
92
95
106*
1UU*
123*
101*
120
81*
100
110
09*
107*
stea.
ns.
THE CHRONICLE.
In v e stm e n t
g a ilr a a d
I n te llig e n c e .
RAILROAD
EARNINGS.
The following table shows the gross earnings of every
IT K a m railroad from w hich regular weekly or m onthly returns
aan be obtained. The first tw o colum ns of figures give the
gross earnings for the latest week or m onth, and the last tw o
colum ns the earnings for the period from Jan u ary 1 to and
Including such latest week or m onth.
The returns of the street railioays are brought together sep
aratety on a subsequent page.
Jan, 1 to L a te s t L a t e .
L a te s t B ra ss E a r n in g s .
1897.
Weekor If. j 1898. 1897. 1898.
1
S
$
.
*
...
J
Adirondack.- . August__
20,568 19,887 1,314,823!
144,690' 135,240
1,219,222
Ala.
G t South. !2August__
d wk O ct,
37,1-47 34.752
Ala. Midland..
45,363 550,550 439,429
75,784
Ala.
N.
O.Tex.
A
Pae,
June.
98.753
1,041,098
N Orl.A 4Vlek.l*.
S .E Septemb'r.
918,330
Ala.
Septemb'r. 120,476!
52,986
38,654;
481,819
401,485
59,830i
40,7461
483,f
13
Vicks.
Sli.A
P.
Septemb'r.
373,256
Allegheny Val. August__ 244,200
217,674
1,732,378
1,587,490
27,082)
27,791
1,140,615
997,361
Ann
Arbor........2d
wk
Oct.
001
7.995: 24,f 69,046)
Ark.
Midland..
60,431
Atch.T.
AS.Fe c August
August.... 3,004.107 3,214,5*1
59,443 21,889,812
A tla n ta A C h a r J u l y ............. 1 7 3 ,9 4 8 127,9371
931,876
970,738
A tl. K n o x . A N o . A u g u s t___ 1 2 7 ,6 0 0
27,365 203,9 6 177,357
A tla n ta A W. P . A u g u s t___
4 7 ,7 0 6
348,656
44,096
A tla n . A D a n v . . 2 d w k O ct. I 1 0 ,9 0 5
4.7,305
14,202 365,626
435,855
A u s tin A N ’w e st A u g u s t___
1 0 ,7 8 1
13.5561
...........
B a lt. A O h io .... S e p te m b 'r. 2 ,4
0 3 ,1 1 4 2,433,750 20,838,951 19,119,841
,403,114
B al. A O .S o u 'w . 2 d w k O ot. 1 5 2 ,0 4 3 145, 99 5,505,437 4,978,677
2 ,7 1 7
3,337
14,486 15,687
B a th A H a in 'u d s A u g u s t__
B lr. A A tla n tic . S e p te m b ’r,
2 ,4 7 6
2,431 18,352
16,296
S r n n s w 'k A W e s t'A u g u s t___ j 4 6 ,6 4 4
41,979
400,102
369,723
B u ff.R o c li.A P lu •„d w k O ct,
8 4 ,7 2 2
79,868
2,989,199
2,619.220
B u ffa lo A S u s a , A u g u s t___
6 6 ,9 3 8
58,240 385,399 378,808
B ur.O . R a p .A N . l s t w k O ot. 1 2 9 ,7 4 5
3,125,761
109.816 3,350,612
O a n a d ia n P a o ifie 2 d w k O ot. 607,0* 0 644,00* 19,440,247 17,708,340
7 ,5 5 3
C ar. M id lan d___S e p te m b 'r .
7,662
45,348
41,891
O e n t.o f G e o rg ia 2 d w k O ot.
1 4 3 ,7 0 0 127.497______
4,058,896 3,884,601
C e n tra l o f N. J .. A u g u s t___ 1 .1 4 6 ,0 6 9 1 ,2 7 4 ,7 0 9 7,928,530 8,040,740
C e n tra l P a c ific A u g u s t___ 1 .4 5 1 ,0 1 4 1 ,4 3 9 ,2 3 3
C h a r le s t’n A S av A u g u s t___
37.5B 1
3 5 ,5 0 2
473,409
C h a s 'n A W .C u r. M a rc h ........
8 7 ,5 2 9
7 9 ,5 6 4
260,457 424,999
C h a t ta n ’g a So. l s t w k O ot.
1,0 4 3
1,4 4 7
52,348 241,188
56,662
O hes. A O h io — 2 d w k O o t- ! 2 4 7 ,5 0 6 2 3 o ,2 7 6 9,248,679 8.712,135
O hio. B u r A Q .ii A u g u s t_ 4 ,0 5 4 ,5 9 5 3 ,8 5 4 ,0 1 3
26,992.543,23,838,919
C hic. A E a s t ILL 2 4 w k O ct.
96,707 ----------109,253 3,298,789 3,083,981
O hio. G t. W e s t'n 2 d w k O ot. 116,044 122,418 4,300,541 3,926,356
C aio. In d . A L . 2 d w k O ct.
68.6S-9
73,928 2,602,587 2,480,467
C hlo.M ILA S t . P . |2 d w k O ct, 944,615 801,989 2 -,873,264 24,060,781
Chic.AN’thw’n
.
August....
3,414,354
3,126,123
Obio.Peo.AStL.
Septemb'r.! 2,133,731
73,612 68,217 23,228,29?
..................
606,658 20,406,945
592,168
Ohlo.R’k
I. A P.. August....
2
017,168
13,314,185
Cbte.8t.P.M.AO August.... 881,725 749,555 5,318,471 11,559,909
4,853,534
Chlo.Ter.Tr.RR.l2d
24,809
23,183 906,612 831,645
Olio.AW.Mich. August-___
2d wk
wk Oct.
Oot. 138,908
42,713 35,416
1,515,159
Choo.Ok.AGuU.
10-,624
999,995 1,262,938
688,626
Cin.G.
APorts’tli
-Septemb’r.
8,316
6,824.
CHn.N. O. A T. P . Septemb'r. 449,019 327,149 3,455,146 2.663,895
Cln-Ports.
A Vlr. 14tnwkSeptA9,463 A8.634 A207.505 A195.201
Olev.Can. ASo.
lstwk Oot * 15,645
16,953 535,557 472,309
aLCln.Cb.A8t.l_
2d
wk
Oot.
299,442
295,961
11,350,645
Peo.
A
East'n
Septemb'r.
170,806
1.386,503 10,615,335
168,098
1,271,325
CLLor. AWheel 2dwkOrt. 31,126 39,502 1,168.150
996,367
OoL
Midland.....Septemb’r.
141,628
162,114
1,278,480
1,177,845
Col. II. V. A Tol. Septemb'r. 253,027* 233,139 1,928,432 1,651,* 97
CoL 8and*y A H. 2d wk Oct. 17,489 22,442 659,258 540,706
Colusa A Lake.. Septemb'r. 1,600 3,100 13,059 16,455
Crystal..............August___
1,165 1,311
9,655
8,421
CumU'l’d
Valley
August
.. i 85.001
84.374 538,540
506.585
Denv.
A
Rio
Gr
2d
wk
Oct.
186,000
6,546,619
171,300
5,626,488
Bee M. N, A W.. July......... i 35,067 35,485 294,686 228,452
DetG.Rap.
2d wkSept.
Oct. I 30,041 26,860 1,172,401 1,000,106
Bet.
A Lltn aAW
No ,3*wk
8,917 8,762 308,753 180,829
Bet, A Mackinac August__ 45,157
33,817 372,538 336,732
BnluthS.B.AAtl)
lstwk
Oct.
35,265
1,410,276
KlgliUoi, AEast. Bcptemb’r. 131,480 36,399
97,008 1,113,325 1,221,279
850,812
*n«.................. |August... 2,978,007 3,181,792
21.048,001
20,928,794
Eureka
Springe.
August__
5,859
43,6-6
7,788
36,309
•Tuna.AIiid'pfl**
Oot. 6,492 7.813 239,524 233,
fOO
Evansv.4T.H 2d
2d wk
wk Oct.
27,263
941,534
26,4«5
874,393
Find.
FtW.AW
August....
9,894
7,635
Fltohburg.........August___
4,640.107
Hint
A P.Marq ;2d wk Oct. 642,308
65,767 666,292
59,826 2,343,791 4,575,297
2,146,573
Fla.Cent.A Peu. lstwk Oct. 45.948
46,404
2.380,007
1,740,282
FtW
’tbADen,C.
IthwkSept
30,991
968,417
28,270
833,182
F t W. A Bio Gr 2(1 wk Out. 13,546 11,646 360,758 257,393
Gads.
A
Att.
U.
Septemb'r.
544|
647
6.377
5,348
Georgia KB.......2d wk Oct.
1,175,549
43,381
1,184,989
Georgia A Ala. 2d wk OctJ 41.531
26.808
933,415
26,544'
813,674
Ga.Car'laANo
July......... I 65,306
468,800
Geo,
So. AA Ind.
Kla. ,*8eptemb’r.
75,037 58,207*
76,410 718,988 485,816
632.389
Gr.Bap.
12d wk Oot. 42,330
1,686,162,
40,433
1,521,265
Oin,K.A
Ft,W.j2d
wk Oct,
9,124
351,7721
8,885
traverse City. 2d wk Oct.
764
019 32,115 315,959
Mns.G.
B.
Al.;i'd
wk
Oot.
2,841
2,08(,
99,697 30,659
.1,70
Tot
allUnee.
2d
wk
Oct.
55,059
52,617
2,169,740
1,959,583
Gr.Tr’nk Syst'in 2d wk Oot 510,161 543,640 18,532,21 17,940,383
Chic.AGr.Tr
IthwkSept 98,081 83,136 2,705,396 2,255,269
BetGr.H.AM.
Great
North’ll— IthwkSept 29,190 26,012 694,299 728,803
SEast
t P,ofM.Minn.
A M. Septemb'r.)
Septemb'r' 2,282,087
.153,625
45,380 2,04’,081113,059,275
253,758
1,583,703 11,071,727
1,243,631
Montana
Cent
septemb’r,!
189,916!
1,462,748
1,489,140
Tot system Septemb'r. 2,781,592 2,488,755 16,085,726 13,804,498
GTfB'uintAK.C..Septemb’r
91,214
Gulf
AChicago. septemb'r |j 18.2
4,5450 8,420* 132,877
34,690
30,378
Hooa.Tnn, AWU August__ 5,614 3,033;
5,854
34,480
35,891
Hons.ATex,Oei)
August__
|
25-1,203
270,358
...........
BllnolsOeniral!
Septemb’r. >2318769
Ind. Dec. AWeal. June____)
35,410 I2346202|ll99733.=
36,180
216,3448 t 17207052
211,951
ln<LHL
A
Towa.
August__*
63,22a
50,36
8
j
567,306
4,J8,375
laAtGtNorth’n.
2d
wk
Oct
124,78*
96,793
2,724,955
2,82->,235
IJnteroc.
(Mex.)
Wk
Oct
li
55,000
56,610:
2,305,90
*
1,997,400
Iowa Central.. 2d wk Oot. 46,812 40,90i 1,532,217 1,299,555
Korns.
“ ,
!
[VOL.
L a te st d r o s s E a r n in g s .
LX VII
J a n . 1 to L a te st L a te .
IFeskorMo 1898. 1897. 1898.
1897.
I
» .
$
*
Iron Railway...
3,842i 4,131 30,804 27,773
Jack.
T. A K. Vl Septemb’r.
August__ 24,849
19,602
212,43
1
205.092
Kanaw’a&Mleh;2d
wk Oct.
Oot. 10,303 10.213 435,905 407,365
K.C.F.SoottAMlstwk
85,962 93,220 3,622,000 3,573,109
K,C.Mem.A
Bir.
lstwk
Oot
23,430 21,765 1,066,610 860,413
Kan.
O.
N.
\T—
Septemb’r.
27,339
31,210
Kan.
City
A
Om.
lstwk
Oct.
6,374 7,474! 247,999
183,980 252,955
192,820
K. c. Pitta. A G. 2d wk Oet 70,197
59,731
2,549,012
1.715,797
Kan.C.Sub.Belt
2d
wk
Oct.
•11,423
•9,348
•105,769
‘299,480
KeoknkAWestr
lstwk
12.713 2,705,131
13,624 70,493
429,271 439.749
L.
Erle AA West.
2d
wk Oot
Oct 74,812
GO GRO!
Lehigh
Hud. . Septemb'r.
36,750
275,276 2,690,332
270,920
Lehigh
Val,
RR
August....
1,773|608
'2,01i;i74
11,906,281
1,760,868
Leh.
V.
CoalCo.
August
...
1,415,173
1,581,035
9,339,237
9.414,871
Lex’gtonAEast.
August__ 24,182 17,182 148,654) 138,709
Long Island RR, 'Scp-temb'r,
537,501 463,177 3, 22,449 3,217,254
Long
Is.
System,
‘septemb'r
051
LosAng. Term.. Septemb’r. 585,176
8,489 506,723
8,046 3,844,162
70,104 3,514
72,523
32,536
Louls.Ev.ASt,L.|l8twk
Oot.
34,656
1,171,589
1,087,273
Lou. H. A St. L.. 11stwk Oot 11,461 14,286 375,514 370,243
Loulsv.ANaallv.
2 d wk Oet. 465,875 130,340 17,491,360 10,073,716
Macon A Birin..!Septemb'r.
5,119 5,812 40,021
43,218
Manistlque.......Septemb'r.
6,368 11,261 85,744
97.519
JMexlcan Cent,. 2d wk Oot. 274,573
218,100;
10,284,338
9,833,728
281,491;
234,7471
2,215,474
Moxioan
Inter’!.
August__
2,017,5*9
IMcx. National 2d wk Oot. 119,963, 106,804! 4,751,645 1,641,867
Mex.Northern..*May
........1 44,352! 48,715* 228,793 271.749
IMoxioan I-i’wav Wk Oct.
32,000
3,100,100 2,809,500
Moxioan
So......
IthwkSept
11,265! 71,000,
17.333! 1,667,259
484,374 522,991
Mlnncap.A St.L.;2 d wk Oct. 49,351
60,3291
1,620,382
M.
StP.AS.St.M.*2d
wk
Oct-.
92,312
3,176,719
118,398*
2,828.964
Mo.
Kan.
A
Tex
2d
wk
Oct.
351,245
290,8051
8.602,385
8,576,539
Mo.Pae.AIronM
-2d
wk
Oct.
607,000,
5-15.00
20,242,114
18,551,
61
Central Br’oli. 2d wk Oct 23,000; 26,000 1,'28,354 672,377
Total...........2d
wk
Oct.
630,00u
611.00"
21,270
468
19,424,138
Mobile AA Blrm..
wk Oct. 10,117 8,470 283,443 234,460
Mobile
Ohio. . 2d
Septemb’r.
372,800:
MontAMex.G'f
eptemb’r.
84,494 343.457
120,562 3,119,244
1.071,643 2,1-32,037
1,023,770
Nash.Ch.ASt.L.
Septemb'r.
528,178
486,651
4,339.361
4,007,748
NevadaCentral.
August__
2,075
3,2451
N. Y. C. & H. R .. Septemb’r. 4,117,343 4,399,820 33,155,540 38.347,579
N,
W.. 2May..........
d wk Oot, 77,589 83,409 2,952,529 3,069,695
N. Y.
Y. Ont.
Stisq.&AW.
185,850 181,922 868,250 820,663
Norfolk
A
West.
*
2 d wk Oot. 235,837 260,9-8 8,766,938 8,501,418
NortU'nAla.Ry.
stwk
Oet.
3,779
4,037
Northes’n(Ga.). July....
4,286 4,313 150,471
36.767 131,255
32,192
Northe's’nfS.O.)
Maroli..
50,230
45,870
162,676
160,159
North'nCentral. August
560,736
635,098
4,101,045
4,2080
86
North'll
Pacific.!1 stwk
Oct. 655,448 632,061 17,831,063 14,450,692
wk
Oct.
Ohio
River........2d
23,687
23,831
755,191
747,441
OkloRiv.
AChas. ’Au
gust__ 11,170 12,744 128,040 112,050
Ohio Southern..'
Riv.AL.E.
May__
2,800 1,901 12,255 10,809
Ohio
Septemb’r. 06,169
482,715
Om.Kan. C. A E . 2d wk Moh. 14,246 70,431
11,533 484,260
158,552 114,754
Oreg.RR.ANav.|
2 d wk Oot. 179,896 171,015 5,459,679 4,040,979
Oreg.8h.Une.. August.... 585,822 £01,414 4,204,948 3,766.761
Pac.
Co..August.
August__ 453,950 491.183 3,605,830 2,480,160
PaclfloCoast
Mail......
444,408 j 5,3581961
331,117 3,072,003 2,950,296
Pennsylvania;)..
August 5,723,061
PeoriaJDeo.AEv.
2d
wk
Oct.
20,788
--------112,248,667*40.928,867
19,228
693,523! 355,071
709,866
Petersburg...... July........... 53,109 43,3o8
397.040;
Phila.
A
Erie...'August___
461,485
450,230
2.715,223.
2,705,675
Phila.
AARoad...
1,888,538 13,698,281 13,203,834
Coalboth
Ir.Go’s,
Co. [August__
August__ 1,909,540
1,659,548*2,128,090
12,542,452 26,473,340
13,269,506
Tot.
August:
3,569,078
4,016,634
26,2*0,733
Phil.
R.
A
N.
E.
August....
58,142
56.274
409,940
403,165
PhiL Wilm. AB,1-August.... 991,027 830,527 6,561,088 6,022,388
Pitts.0,0. ASt.L. ]Septemb’r. 1,523,786
1,352,677
11,681,770
10,736,021
Pitts.Lisb.A Wn Septemb'r. 4,012 4,016 33, 49 32,074
PItta,Bes.AL.E.
wk Oct
Oot 30,564 11,015 1,0-18,691 460,864
Pitts,
AWas’n.. 2d
2d wk
39,036 35,661 1,39 ,106 1,340,712
PittaOLATol.
2d
wk
Oot.
22,461 842,157 680,574
Pitts. Pa. A F. 2d wk Oct. 20,514
8,891 293,451 275,537
7,334 6’,013
Total
system,,2d
wk
Oot,
06,8-4
2,546,795 2,308,2*3
Pittsb.Yo.AA..
Septemb'r.
130,458
150.488
1,150,147 1,054,048
Rlok.Fr’ksbAP.
August__
fO,654
50,128
480,452
Biob.A Petersb. .July......... 32.242 26,853 581,098
236,366
2* 5,373
Rio
Grande
Jot
August
32,227
.
6,398
242,837
RloGrande So'n 2d wk Oot 3,914 . 7,-485 363,010 210,705
286,114
RloGr'de
WeBt. 2d
2d wk
wk Oot.
6-i,000
80,100
2,525,628 2,204,830
St
Jos.&Gr.l...
Oct 33,100
28,703
942,5'.8
877,746
St,L.ChLAStP.
Septemb’r.
31,137
23,436
247,776
213,190
St.L.Ken’etA
So
Septemb'r,
6,782
7,057
48,794
43.165
St.L.ASanPrau. 2d wk Oet, 162,882 172,325 5,253,916 4,957,578
StL.8outhwest
2d
wk
Oot.
141,100
137,600
3,985,727
3,112,948
St
Paul A4D4 ul..,Septemb’r.'
177,391 1,157,134 1,094,323
San.Ant
P August,... 183,919 203,756
SanFran.AN.P. Septemb'r, 172,845
92,906
637,261 590 684
8. FePres. West*
APh. Iiatwk
Oot 17,467 85,053
13,186 023,987
530 884
Sav.Fla.A
August...
335,901
237.772
2,818,281
2,227.940
sher.Shrev.ASo.
-UhwkS.
pt,
13,782
18,926
212,564
SU.Sprs.O,
AG. August...
■
21,182 14,304 181,335 198,186
1x9.862
Sllverton.........
July........
1,400 6,054
Sioux
C.
A
Nor.
July........
18,928
20,786
132,918
So.HavenAEasI
3,100 2,535 12,454 119.799
10,788
So. Pacific Co. J une.......
Gal.Har.AB.A
August—
427,823
385,805
Louia’a.
West. August__ 113.469 91,825
Morgan'sLAT.
August..., 597,593 418,951
N.Y.T.
AMev
27.951 43,40i
Tex. AN. Orl.. August__
AugUBt__ 151,956
132.714
AtLFrop'tes./,
August__
1,307,372
1,165,139
So.Pao.
of
Cal.
August__
1,392,595
1,211,327
8o.Pao.ofA.rlz
August__ 192,655 214 031
So.Fao.ofN.M. August__
93 289 107,932
Faoitto
system
August__
3.4
04,575
Total of all.J August__ 3,243,687
4,845,394
4,S89,luO
30,621,783 31,790.612
Southern
Ry
. g . . 2d wk Oct
527,733
490,573
17,331,012 15,507,328
8tonyCl.AC.Mt,
August-__
9,756
9,607
28,975 20,919
Texas Central lstwk Oot 15,400 15,724 220,996
191,479
Texas
APacific
2d
wk
Oct;
£11,224
191,114
5.58i
985 5,118
382
Tex.S.V.A
N.W
Septemb'r.
0,086
4,569
86
328
25,850
Toi.&OhloOent- 2d wk Oct. 37,081 42,011 1.412,240 1,252,193
Tol.P.
A West
lstwk
733.743
088,861
Tol.StL.
A K.C 2d
wk Oct.
Oct. 21,176
48.366 22,-445
52,147 1,734
679 1,746,454
Union
Fao.
RR.
August__
1.584,831
1.02*, io 9 10,741,220 9,764,121
Dn.P.Den.AG
ItlLwkSopt
79,462 84,428 2,707,774 2,456,953
Wabash............
2d
wk Oct. 307.249
Waco
ANorthw June........
9,221 300.989
12,136 10,652,109
S-75l| 9,375,238
97,518
W.
Jersey
ASea'r
August__
453.250
444,641
1,871,8S3|
W.V.Cen.APittc Septemb’r, 98,38i 100,131 873,098 1,805,943
849,425
WestVa.A
Pitts.
uly......... 30,734 3 1,502 212,967 218 854
Western
Ala JAugust
' 4,010 397.128 387.4 32
West.
N. Y,ofAPa.
2d wk
O,
t, 147.08
2 ,1 0 0
7.1,100
2,366,69 L 2,352,218
Wheel. A L. Erie 2d
wk
Oct.
29,860
40,533
Wll. Col. A Aug. Mprch...... 69,270 56,180 1,139,-103
205,022 820.579
186,357
BO APS.
October 22, 1898.1
THE CHRONICLE
L a te s t Gross E a r n in g s .
Ro ads.
W eek o r Mo
W isc o n sin C en t. 2 d w k O ct.
W rig h tsv .& T e n , A u g u s t___
T o r s S o u th e rn . A u g u s t___
1898.
jg
1 0 6 ,7 4 5
6 ,6 8 7
6.0 6 2
I
18 9 7 .
$
1 0 6 ,621
6,0 9 3
6 ,9 5 9
a n . 1 to L a te s t D ate.
1898.
|
$
$
3 ,8 5 6 ,7 2 6 ' 3 ,4 9 4 ,2 7 7
5 3 ,5 4 b
5 1 ,7 8 9
47,0301
4 3 ,2 0 3
L a t e s t fclross Earnings b y W e e k s .— T h e l a t e s t w e e k l y e a r n i i g s in t h e f o r e g o i n g a r e s e p a r a t e l y s u m m e d u p a s f o llo w s :
F o r t h e s e c o n d w e e k o f O c to b e r o u r p r e l i m i n a r y s t a t e m e n t
c o v e r s 67 ro a d s , a n d s h o w s 4-40 p e r c e n t i n c r e a s e i n the
a g g re g a te jv e r th e sa m e w e e k la s t y e a r.
A la b a m a G t. S o u th e r n ...
B alt. * O hio 8 » n th w e B t..
Buff. R ocb. A P it ts ...........
C e n tra l o f G e o rg ia ..........
C h e sa p e a k e A O h io .........
C h icag o A E a s t. Illin o is.
iJhlo. G re a t W e s te rn ........
C b ic .Ic d ia c ’lis A L o u isv .
C h icag o M ilw . A 8 t. P a u l
C hic. T erm . T r a n s f e r .
C h ic a g o * W e s t M ich ig ai
O leve. C in. C hic. A S t. L ..
Olev. L o ra in A W h ee P g ..
Ool. S a n d u s k y A H ock’g.
D enver A R io G r a n d e ...
D e t. G d. R a p . & W e ste rn
J v a n s v . A In d ia n a p o lis .
S v a n a v . * T e rr e H a n ts .
F li n t & P e re M a rq u e tte .
F t.W o rth A R io G ra n d e .
G e o rg ia A A la b a m a .........
G ra n d R ap id s A In d ia n a
C m . R ich . A F t. W ayne
M ask. G r. R ap . & I n d ..
G ra n d T r u n k ................... j
C nic A G ra n d T ru n k S
D e t. G d. EL A M ......... )
I n te r n a tio n a l A G t. N o ..
K a n a w h a & M lo h lg a n ___
K » n . C ity P ltte h . * G o lf
K a n . C ity S ub B e l t ___
L a k e E r ie A W e s te rn —
L o u isv ille A N a s h v ill e ...
M exican C e n tr a l...............
M in n ea p o lis A S t. L o u is
M inn. S t. P. A 8. S te . M
Mo. K a n s a s A T e x a s ___
Mo. P aoiflo A Iro n M t .
C e n tra l B ra n c h .............
M obile A B irm in g h a m . ..
x Y. O n ta rio * W estern
N o rfo lk A W e s te rn .........
O hio R iv e r ..........................
P e o r ia Dec. A E v a n s v ...
P itts . Bess. A L. E r i e __
P itts b u r g A W e s te r n ....
Rio G ra n d e S o u th e r n ___
R io G ra n d e W e s te rn ___
d t. J o s e p h A G d. Is la n d .
S t. L o u is A S a n F r a n .......
8 r. L o u is S o u th w e s te rn
a o u th e rn R a ilw a y .-.^ X v x a s * P a c ific . ..........
t’oledo A O hio C e n t r a l . .
T R edo S t. L. A K a n .C ity
V abash. ............................ .
W este rn N . Y. & P e n n ...
W h e lin e A L a k e E r ie ...
W isconsin C e n tra l___ . . .
T o ta l *67 - o a d s ). . . . . . . .
N e t In c re a se (4 4 0 p. c.)..
In c re a se .
1898.
1897.
*
3 7 ,1 4 7
27 .0 8 2
10 ,9 0 5
1 5 2 ,0 4 3
94 .7 2 2
6 0 7 ,0 0 0
1 4 3 ,7 0 0
2 4 7 ,5 0 6
96,7 0 7
116.014
63,6 9 9
9 4 1 ,6 1 5
2 1 ,8 0 9
42.713
2^5,961
3 1 ,1 2 6
17,489
136,01)0
30,041
6,49*
2 7 .2 6 3
65,7 6 7
13,546
41.531
26,80;?
42 330
9,1 2 1
764
2.811
$
3 4 ,7 5 2
27.791
14,2 0 2
1 4 5 ,8 3 9
79.8 6 8
6 4 1 .0 0 0
1 2 '.4 9 7
2 3 0 .2 7 6
1 0 9 .2 3
1 2 2 ,419
7 1 ,9 2 8
8 0 4 .989
23,18?.
3 5 .1 4 6
219,447
39.5 0 2
22,4 4 2
1 7 1 ,3C0
26,8 6 0
7,813
26,4 9 5
5 9 ,8 2 6
14,6 1 6
43,3:11
26,544
4 0 ,4 3 3
8,885
619
2.6 8 0
5 1 0 ,1 6
513.C 40
1 2 1 ,7 8 ?
4 6 ,8 1 2
1 0 ,3 0 3
70,197
11,4 2 3
7 4 812
455,87.5
2 7 4 .5 7 3
1 1 9 ,9 6 3
49.351
1 1 8 ,3 9 8
3 5 1 215
e o 7 ,u o t
2 3 .0 0 0
10,117
7 7 ,5 8 9
2 3 5 ,3 3 7
23,687
17 <.896
2 0 ,7 ? 8
30,561
6 6 ,8 a4
8,914
69,00<>
3 3 ,1 0 0
1 6 2 ,842
1 4 1 ,100
5 * 7 ,7 3 3
2 11,22 l
3 7 ,0 51
4 8 ,3 6 6
3 0 7 ,2 4 9
62,400
23,9 6 0
1 0 6 ,7 4 5
96,7 9 3
4 0 .9 0 2
10.2 1 3
59 ,7 41
9.3 4 8
7 0 .4 9 J
4 3 0 ,3 4 0
2 1 8 ,1 0 0
1 0 3 ,8 0 4
60,32:-'
9 2 .3 12
2 0,8 0 5
5 8 5 ,00t
2 6 .0 0
8,470
83,4 0 6
210,94V
23,831
1 7 4 ,0 4 5
1 J.229
11,0 1 5
67,013
7,4 8 5
80 .1 0 0
2 8 ,7 0 3
1 7 2 ,3 2 5
1 3 7 ,6 >0
4 9 6 ,5 7 3
1 9 1 ,114
42.611
52 ,1 4 7
3 0 0 ,9 7 9
7 5 ,1 (0
40,5 3 3
106,621
2 7 ,9 9 5
5 ,9 1 0
90
1 0 ,4 8 6
2 ,0 7 5
4 ,3 1 9
3 5 ,5 3 6
5 6 ,4 7 3
1 3 ,1 5 0
8,6 4 9 ,9 4 2
8 ,2 8 5 ,0 3 0
5 8 3 .0 3 6
3 6 4 ,9 5 2
*
2 ,3 9 5
6.144
4,854
1 6 .2 0 3
1 7 ,2 3 0
_____
1 3 9 ,6 2 6
1 .6 2 6
7 ,2 6 7
D ecrease.
$
709
3 ,2 9 7
. . ___
3 7 ,0 0 0
______
12,546
6,371
5,239
3,481
8,376
4,953
1 4 ,7 0 0
3,1 3 1
768
5,9 4 1
1,321
______ r
1,100
1,850
264
1 ,8 9 7
239
14
161
3 3 ,4 7 9
26,035
6 0 ,4 10
22,0(30
... —
______
10,978
3.0 0 0
1,647
5.8 2 0
25,111
144
5,*51
1 ,5 6 0
1 9 ,5 4 9
1,429
4,397
3 ,3 0 0
3 1 ,1 6 0
20,1 1 0
6 ,2 0
129
11,100
9,443
........
5,5 3 0
3,781
12,700
10,673
124
2 1 8,134
..............
F o r t h e f i r s t w e e k o f O c to b e r o u r f in a l s t a t e m e n t covers
83 r o a d s a n d s h o w s 5 ’21 p e r c e n t i n c r e a s e i n t h e a g g r e g a t e
o v er th e sam e w eek la s t y e a r.
1 st w eek o f October.
P re v io u s ly r e p ’d (68 r’ds
B u rl. C ed. R an . A N o rth
C lev. C a n to n A S o u th ’n ..
CJiev. C in. C h ic. A S t. L .
C ol. S a n d u s k y A H o ck ’g.
D u lu th So. s h o re A A t . ..
F la . C en t. A P e n in s u la r.
K a n . C ity F t . 8. * Mem
K an. 0 . M em . A B lrm ___
K a n sa s C ity & O m a h a . .
K e o k u k & W e s te rn ...........
N o rth e rn A la b a m a . ..
N ortn«r'< Pacific
S a n F e P r e s c o tt A P h x .
18 9 8 .
1897
8
*
8 ,3 0 4 .9 5 9 7 ,8 5 3 .2 4 7
1 2 9 ,7 1 5
1 0 9 ,81b
1 6 ,9 5 3
15,645
2 9 9 ,4 4 2
2 9 6 ,9 7 7
15,2 5 3
2 3 ,3 5 0
3 6 ,3 9 9
3 5 ,2 6 5
4 6 ,4 0 4
45,9 4 8
8 5 .9 6 2
9 3 ,2 2 0
2 3 ,4 3 0
21,76 5
6,3 7 4
7 .4 7 4
1 3 ,6 2 4 '
12,713
4,037!
3,7 7 9
6 5 5 .4 4 3
C32.061
1 3 ,1 -6
17, *67
in c re a se.
5 7 7 .4 5 0
19 ,9 2 9
1,065
911
2>3
2 l..*87
4.2*1
1898.
18 9 7.
a T h e s e fig u re s in c lu d e r e s u lts o n le a s e d lin e s , b I n c lu d e s e a r n in g s
fro m fe rr ie s , e tc ., n o t g iv e n s e p a r a te ly .
c In c lu d e s D es M o in es &
K ansaB C ity f o r a ll p e rio d s .
d In c lu d e s o p e ra tio n s o f th e C hic. B u r
lin g to n & N o rth e rn in b o th y e a rs .
e I n c lu d e s r e s u lts o n A . T. & S.
P e , G u lf Ool. & s . F e , 8. P e P ao iflo (old A tla n tio & P a c ific ' a n d So.
O al. R y .
f In o lu d e s th e P a c ific S y ste m , th e A tla n tio p r o p e r ti e s a n d
th e H o u s to n & T e x a s C e n tra l sy ste m , g B e g in n in g J u ly , e a r n in g s of
M em p h is D iv is io n a n d M id d le sb o ro u g h <fc A ik e n b r a u o h e s a r e in o lu d e d
f o r b o th y e a r s , h R e s u lts o n C in- L e b a n o n N o r th e r n a r e in c lu d e d
f r o m S e p te m b e r 1 in b o th y e a rs .
* R e s u lts o n K a n s a s C ity A In d e p e n d e n c e A ir L in e a r e n o t in o lu d e d
f o r e ith e r y e a r.
t In c lu d e s C h e s a p e a k e A O h io So’w e s te rn fo r b o th y e a r s , b u t O hio
V a lle y a n d C h ic ag o -n d T e x a s f o r l 8 9 S o n ly . R e s u lts o n Y a zo o B ra n c h
e x c lu d e d a f t e r J u l y 1 1 8 9 8
f M e x ic a n o u rre n o y .
i C o v ers r e s u lts o f fin e s d ir e c tly o p e r a te d e a s t o f P i t t s b u r g ,
2 d w eek o f October.
I s ! w eek o f October.
837
Decrease.
$
1 2 5,738
..........
1,308
2,165
8,097
1,134
4 56
7,253
__
1,10 0
. . . . ...
. . . -.
18 9 7 .
T e x a s C e n t r a l .... ...............
Toledo P e o ria & W e st’n .
15,400
2 1 ,176
S
15,721
22,445
T o ta l (83 r o a d s ) ............
N e tln o re a s e 15’20 p. o.)„
9 ,6 8 6 ,7 1 0
9 ,2 0 7 ,9 7 8
In c rea se .
Decrease.
5
32 4
1 ,2 6 9
627,881
4 7 8 ,7 3 2
1 4 9 ,1 4 9
N e t E a r n i n g s M o n t h l y t o L a t e s t D a t e s .— T h e t a b l e f o llo w ^
o g sh o w s th e g ro ss a n d n e t e a rn in g s o f S t e a m r a ilro a d s
re p o rte d th is w e e k . A f u ll d e ta ile d s ta te m e n t, in c lu d in g a l l
r o a d s f r o m w h i c h m o n t h l y r e t u r n s c a n b e o b t a i n e d , is g i v e n
m o e a m o n th in th e s e c o lu m n s , a n d th e la t e s t s ta te m e n t o f
h i s k i n d w ill b e f o u n d i n t h e Chronicle o f S e p t e m b e r 24.
1898. T h e n e x t w ill a p p e a r i n t h e i s s u e o f O c t o b e r 29, 1898,
----- Or 088 E a r n in g s . -N e t E a r n in g s .——*
R o a d s.
$
$
$
$
A nn A rt)o r................ A u g
1 2 6 ,5 3 9
1 0 5 ,3 9 2
5 2 ,9 1 3
3 6 ,5 5 7
J a n . I to A u g . 3 1 __
9 6 7 ,6 8 9
8 3 4 ,8 1 6
2 6 8 ,3 8 9
2 8 2 ,6 1 5
A u s tin & N o rtw ’n b . A u g .
1 0 ,781
1 3 ,5 5 6
5 95
2 ,6 2 4
1 9 ,9 4 6
J u l y 1 to A ug. 31 —
2 2 ,4 2 1 d e f.1 ,0 9 9
702
B a ltim o re A O hio b A ug 2 ,4 9 2 ,4 5 8 2 ,3 7 1 ,8 3 0
6 4 1 ,6 5 7
7 1 6 ,5 9 4
J a n . 1 to A ug. 3 1 ___ 1 8 ,4 3 5 ,8 3 7 1 6 ,6 8 6 ,0 9 1 4 ,5 8 6 ,2 6 2 3 ,4 5 7 ,1 5 3
J u ly 1 to A u g . 3 1 — . 4 ,8 0 7 ,4 5 8 4 ,6 1 7 ,3 2 2 1 ,1 0 2 ,6 6 3 1 ,2 7 1 ,9 3 9
B alt. & O hio S o u th b . A u g ..
5 9 0 ,6 6 2
6 1 5 ,6 8 9
1 7 7 ,0 2 9
2 0 0 ,0 9 1
J a n . 1 to A ug. 3 1 . . . . , 4 ,5 1 0 ,1 7 1 4 ,0 9 4 ,6 2 9 1 ,1 2 2 ,5 4 4 1 ,2 0 0 ,0 8 1
J u ly 1 to A u g . 3 1 . . . . 1,122 ,9 2 3 1 ,1 2 6 ,6 5 5
2 6 8 ,4 2 4
3 4 2 ,7 8 7
C e n tra l P a c if ic .b — A ug.. 1 ,4 5 1 ,0 1 4 1 ,4 3 9 ,2 3 3
6 1 9 ,7 4 0
7 0 6 ,4 0 4
C hicago G t. W e st’n ..S e p t.
5 5 1 ,6 4 6
5 2 4 ,1 4 5
215,5 38
1 3 6 ,9 9 5
J a a . 1 to S e p t. 3 0 . . . . 4 ,0 6 3 ,7 7 6 3 ,6 8 2 .2 5 5 1 ,2 5 6 ,5 3 6 1,09 3,410
J u ly 1 to S e p t. 3 0 . . . . 1 ,4 6 9 ,2 1 2 1 ,3 9 5 ,3 4 5
5 3 0 ,4 8 0
4 7 9 ,6 4 2
204,C 50
O hio. A W est M io h ..A u g .
152,011
6 0 ,3 8 7
3 4 ,3 7 8
J a n . 1 to A ug. 3 1 . . . . 1 ,2 2 1 ,3 4 5 1 ,0 4 0 ,0 7 2
2 2 9 ,5 3 9
1 9 0 .2 3 6
O in .N .O .A T e x .P .a .S e p t.
4 4 9 ,0 1 9
3 2 7 ,1 4 9
1 6 9 ,5 4 3
1 1 8 ,2 0 9
J a n . I to S e p t. 3 0 __ 3 ,4 5 5 ,1 4 6 2 ,6 6 1 ,6 9 5 1 ,1 8 6 ,3 7 6
9 0 7 ,7 2 4
J u ly 1 to S e p t. 3 0 . . . . 1 ,2 6 6 ,9 0 4
9 4 4 ,4 5 3
4 4 9 ,8 5 9
3 0 8 ,2 2 9
2 7 ,2 7 1
2 5 ,4 9 4
C in. P o r ts . A V a. b V A n g .
9 ,7 6 7
7 ,7 1 2
J a n . 1 to A u g . 31
1 7 6 .0 1 0
1 6 7 ,4 2 5
3 2 ,4 1 4
27,616
50,7142
J u ly 1 to A u g . 3 1 . . .
5 0 ,312
1 6 ,263
1 4 ,5 7 0
C o lu m b u s G as C o. . . S e p t.
9 ,2 5 2
1 0 ,4 5 2
J a n . 1 to S e p t. 3 0 . . . .
7 9 ,6 4 2
8 5 ,7 2 4
A p r. 1 to 8 e p t. 3 0 . . .
3
8
,6
4
6
4 0 ,8 1 4
..............
C o m m o n w e a lth E le c . Co.
(C hicago) . . . . . .. ,8 e p t ,
3 0 ,0 3 5
9,6 0 8
C o n so l. G as C o .,N .J .8 e p t.
1 0 ,7 4 8
9 ,1 9 4
J a n . 1 to S e p t. 30
4 3 ,4 2 3
3 9 ,3 1 6
D at. G d .R a p . A W .a A u g .
1 43,328
12 8 ,0 0 3
3 6 ,8 4 3
3 4 ,1 7 3
J a n . 1 to A u g . 31 . . .
9 6 9 .4 8 0
8 2 8 ,8 5 9
1 9 7 ,0 8 5
1 5 8 ,8 1 1
2 3 0 ,1 2 4
E dison E l .n . C o.,N .Y .S ept
1 8 2 ,1 8 7
8 8 ,9 2 6
6 8 ,8 8 4
J a n . 1 to S e p t. 3 0 . . . .. 2 ,1 7 0 ,7 6 4 1 ,7 4 3 ,7 5 5
9 0 8 ,3 7 8
7 6 5 ,8 5 6
F in d la y F t.W .A W .b A ug
9 ,8 9 4
7,6 3 5
3,378
1 .2 3 7
3 2 ,3 3 6
A pr. 1 to A ug. 3 1 ___
3 9 ,6 4 8
9 ,2 2 0 d e f.1 ,8 1 2
I r .T r u n k o f C a n a d a . A ug.. 1 ,6 2 3 ,2 1 5 1 ,7 1 2 ,5 1 7
5 5 9 ,4 3 5
5 8 1 ,9 1 4
J a n . 1 to A ng. 3 1 . . . . 1 2 .2 3 3 ,4 4 5 1 1 ,9 1 8 ,9 7 9 4 .1 0 6 ,0 0 9 3 ,8 7 4 ,S64
J u ly 1 to A ug. 3 1 . . . .. 3 ,1 2 4 ,4 6 9 3 ,3 7 0 ,4 7 5 1 ,0 5 0 ,5 1 4 1 ,1 4 9 ,9 4 3
2 7 0 ,0 0 9
2 8 0 ,0 2 4
C hic. & G r. T r u n k .A u g ..
4 5 ,9 2 6
3 3 ,8 3 3
55 0 ,4 7 1
5 3 6 ,0 2 7
J u l y 1 to A ug. 31 . . ..
9 9 ,5 8 0
5 3 ,1 4 9
9 9 ,541
1 0 0 ,5 1 9
D e t. G r. H . A M il. A u g .
3 5 ,9 4 4
3 4 ,5 7 7
1 7 8 ,6 7 7
1 8 0 ,4 1 3
5 2 ,3 1 5
J u ly 1 to A ug. 3 1 . . . .
5 0 ,4 7 6
2 5 4 ,7 0 3
2 7 9 ,3 5 8
H o u s t A T e x . C e n t. A u g .
7 8 ,8 7 3
9 7 ,0 1 5
4 8 3 ,2 8 0
4 6 7 ,6 8 8
J u ly 1 to A ug. 31 . . .
1 3 3 ,6 0 0
1 3 3 ,9 6 8
9 3 ,3 2 7
9 1 ,4 2 9
1 4 ,8 8 3
*Can. C. M em .A B . a . A ug.
1 8 ,5 1 1
9 5 2 ,5 1 8
7 5 0 ,0 7 9
J a n . 1 to A ug. 3 1 ---- .
2 1 0 ,8 8 0
1 3 7 ,3 6 0
13 4 ,2 9 3
1 6 5 ,7 4 9
2 2 ,0 2 2
J u ly l to A ug. 3 l —
2 5 ,8 5 2
M adison G as A E lec.S e
3 ,4 9 7
3 ,7 4 6
J a n . 1 to S e p t. 30
3 2 ,0 7 0
3 6 ,1 5 5
A pr. I to S e p t. 30
.......................
1 8 ,7 7 3
2 1 ,6 9 2
9 0 6 ,6 5 2
9 8 7 ,7 7 0
Mo. K a n s a s A T e x . a A ug.
2 9 0 ,4 3 5
3 2 4 ,5 2 5
J a n . 1 to A ug. 3 1 ... , 6 ,6 6 2 ,2 2 i 6 ,7 2 4 ,9 8 3 1 ,5 4 4 ,4 4 8
J u ly 1 to A ug. 3 1 .. . 1 ,6 5 9 ,4 5 7 1 ,7 9 5 ,6 8 8
4 1 1 ,8 9 2
5 1 8 ,8 9 9
4 8 6 ,6 5 1
N a sh . Ch. A 8 t. L .b .S e p t.
5 2 8 ,1 7 8
2 0 3 .6 4 6
1 8 0 ,7 4 3
.
4
,3
3
9
,3
6
1
4 ,0 0 7 ,7 4 7 1 ,5 5 6 ,8 2 0 1 ,4 4 2 ,6 6 7
J a n . 1 to S e p t. 3 0 ___
J u ly 1 to S e p t. 3 0 . . . .. 1 ,6 0 3 .6 4 2 1 .4 5 7 ,6 4 7
’6 3 3 ,5 0 1
5 4 1 ,6 1 7
N ew Y ork C e n tr a l..S e p t . 4 ,1 1 7 .3 4 3 4 ,3 9 9 .8 2 0 1 ,7 4 3 ,5 6 0 1 ,8 9 0 .7 4 9
.3 3 ,1 5 5 ,5 4 0 3 3 ,3 4 7 ,5 7 9 1 1 ,6 0 3 .9 9 7 1 2 ,6 6 9 ,2 8 0
.1 1 ,3 9 4 ,3 9 7 12 ,2 7 8 ,9 4 8 4 ,3 7 6 ,2 1 4 4 ,7 5 6 ,4 7 3
1 9 ,3 7 0
1 5 ,801
8 ,0 3 0
5 ,9 7 6
No. A la b a m a R 7
A ug
8 8 ,273
8 9 ,7 1 8
4 0 ,5 3 3
3 6 ,8 3 2
O nlo R iv e r, b ............ A ug.
5 9 3 ,5 6 3
6 0 1 ,0 4 1
1 8 1 ,9 8 1
J a n . 1 to A ug. 3 1 . . . .
2 0 2 ,4 5 3
6 6 6 .6 8 3
5 6 1 ,2 4 6
P u ts . C. C. A S t.L .a S e p t.. 1 .5 2 3 ,7 8 6 1 ,3 5 2 ,6 7 7
J a n . 1 to S e p t 30 . ,1 1 ,6 8 4 ,7 7 0 1 0 ,7 3 6 ,0 2 1 3 ,1 5o,886 3 ,3 2 4 ,6 4 1
1 30,458
4 0 ,6 8 9
1 5 0 ,4 8 8
6 4 ,6 3 8
P itts . Y oungs. A A .S e p t.
3 8 0 ,3 7 7
4 2 0 ,7 8 5
J a n . 1 to S e p t. 3 0 , . . ., 1 ,1 5 0 ,1 4 7 1 ,0 5 4 ,0 4 8
2 3 7 ,7 7 2
8 1 ,1 8 6
3 3 \9 0 l
4 1 ,7 8 9
S av. F la . A W e s t.b .A u g
85 5 ,3 7 1
6 3 8 ,6 9 3
J a n . 1 to A ug. 31 . . .. 2 ,8 1 3 ,2 8 1 2 ,2 2 7 ,9 4 0
4 3 3 ,2 3 6
2 4 5 ,7 1 3
1 0 3 ,8 3 1
.
7 5 6 ,9 6 8
J u ly l to A ug. r
S o u th e rn P a c ific —
4 2 7 ,3 2 3
8 7 ,3 0 3
1 6 0 ,6 3 6
.
3 8 5 ,8 0 5
G a l.H a r.A Sa » A 1
7 7 9 ,4 8 7
1 6 5 ,6 6 *
2 2 9 ,2 8 5
7 « 8 .5 a 5
9 1 ,3 2 5
5 9 ,3 9 )
4 2 ,1 1 6
1 1 3 ,4 6 9
1 6 8 ,4 1 2
10 9 ,2 1 5
21 7 ,3 0 5
7 1 ,7 8 4
J u ly 1 to Aug. 3 1 . . . ..
9 9 ,1 6 1
5
9
7
,5
9
3
2
4
1
,8
3
8
448.
(51
M’g a n ' 9 La. A Te x . b A ug
48 9 ,7 5 5
1 9 6 ,9 6 6
8 5 0 ,1 2 >
J u ly 1 to A u g 31 . . . . 1 ,1 4 4 ,4 8 7
4
3
,4
0
1
1
4
,714
2
8 ,3 6 4
27,951
N. Y. T ex. A M b . . A g
2 5 ,5 1 4
38,5895 3 ,3 2 4
6 7 ,7 4 5
J u ly l to A ug. 3 1 ___
5
7
,6 2 3
8
3
.7
6
0
1
3
2
,7
1
4
15 9 .9 5 6
T e x a s A N. O rl b .. A ug.
1 1 2 ,6 1 7
2 5 9 ,3 8 8
16 2 ,2 5 8
3 -0 ,3 8 4
J u ly 1 to A ug. 3 1 . . ’. .
4
8
7
,5
LI
389,9761
,1
6
5
,1
3
9
A tla n tio P r ’p’t ’s b . Aug. 1 ,3 0 7 ,3 7 2
6 4 7 ,9 5 5
9 5 3 ,2 1 4
2 ,5 5 4 ,* 7 1 2 ,1 4 8 ,8 4 2
J u ly 1 to A ug. 3 i
7 0 8 ,6 7 7
4 5 7 ,2 2 1
So. Pac. o f Cal b A ug. 1 ,2 1 6 ,3 2 7 1 ,3 9 2 ,5 9 5
8 1 6 ,3 8 1 1 ,1 0 9 ,7 3 2
J u ly 1 to A ug. 3 1 . . . . 2 ,3 0 7 ,6 8 9 2 ,7 5 2 ,9 1 2
7 9 ,7 1 6
2
1
4
,0
3
1
3
7
,3
1
7
1 9 2 ,6 6 5
80. Pao. of A riz .b AUg.
1 2 9 ,0 1 4
3 9 0 ,0 6 5
8 5 ,5 9 6
8 8 4 ,3 0 4
J u ly 1 to A ug. 3 1 . . . .
5 3 .2 0 1
1
0
7
,9
3
2
3
6
,624
9 3 ,2 8 9
80 . P a c . of N. M b . Vug.
9 8 ,0 9 3
8 2 ,4 1 2
2 0 2 ,3 1 7
2 0 1 .7 6 9
J u ly 1 to A ug 3 1 ---1
,2
5
0
,8
1
5
1
,6
0
6 ,7 8 2
3
,4
0
4
,5
7
5
Paoiflo S y s te m , b .. A ug. 3 . 2 4 3 6 7
J u ly v to A ug. 31 .. 6 2 12,997 6 ,7 0 4 ,1 4 1 2 ,3 0 9 .5 9 2 3 ,1 2 1 ,9 9 8
1
,8
3
0
,4
4
6
2
,1
0
7 ,6 5 4
4_________
,8 8 9 ,1 9 0
.
.
T o_____
ta l of_______
a l l .b _______4
...A u g .,8 4 5 ,3 9 4
J a n . 1 to A ug. 3 1 . ...3 6 ,6 2 1 ,7 8 3 3 1 ,7 9 0 ,6 1 2 1 2 ,5 7 2 ,0 4 2 1 0 .6 7 8 ,1 6 5
J u l y l to A u g 3 1 . — 9 ,3 1 1 ,9 4 4 9 ,4 1 1 ,3 9 9 3 ,4 1 7 ,3 3 7 3 ,9 2 1 ,2 8 1
Cenn. Coal I. A R R .S e p t...............................................
.£ 2 ,0 1 9 ___J a n . 1 to S e p t. 3 0 . ............................................. .
5 7 1 ,9 0 2
4 2 0 ,2 3 9
a N e t e a r n in g s h e re g iv e n a r e a f te r d e d u c tin g ta x e s ,
b Wet w arnings h e re g iv e n a r e b e fo re d e d u c tin g ta x e s
* E a r r l ’.ffft h e re gi .*en do n o t n clu rle r e s u lts on Ci j . L e b a n o n A N o r
th e r n tra c k a g e .
1'HE CHRONICLE.
838
Interest Charges ami Surplus.—The following roads in
addition to their grow and net earnings given In the fore
going, also report charges for interest, &o., with th e surplus
or deficit above or below those charges.
.— ln l„ R e n ta ls , <fc.---- . -~ B a l. o f N e t M a rti’f i t . 1897.
1898.
1598.
1897.
«
$
$
$
2 5 ,3 4 5
d f.3 6 6
C&ic. St W , M lc'h.
3 5 ,0 4 2
3 4 .7 4 4
d f.8 5 ,5 0 1
J a n . 1 to AUK. 3 1 . . . .
3 7 8 ,3 2 5
2 7 5 .7 3 7 d f,4 6 ,7 S 6
1 7 ,9 3 2
1 9 ,9 2 4
D « t.a< l.R » p .A W iM t.A tls,
1 8 ,9 1 9
18,341
6 6 ,7 4 1
3 1 ,2 3 7
J a n . 1 t« A u g . 3 1 . . . .
1 3 0 ,3 4 4
1 2 7 ,5 7 4
2 ,0 2 4
. O. H e m . A B tr, A u g .
1 6 .2 4 7
1 6 ,4 8 7 d o f.1 ,3 6 4
J u ly 1 to AUK. 3 1 . . . .
3 2 ,7 5 4
3 2 ,9 7 4 d e f.1 0 .7 3 2 d e f.7 ,1 2 2
3 8 ,6 7 5
U o. K u i u . A T e x a s A u g .
2 8 5 .8 8 3
2 8 5 ,3 5 0
4.7 4 7
5 7 1 ,3 9 3 d f. 1 5 9 ,3 4 5 d e f.5 2 ,4 9 4
J u ly 1 to A ug. 3 1 . . . .
6 7 1 ,2 3 7
5 0 ,1 8 1
X u b T . C h a t.A 8 1 .L ,S e p t.
1 3 0 .2 9 3
1 3 0 ,5 6 7
7 3 .3 1 3
1 5 8 ,4 4 8
J u ly 1 to S e p t. 3 0 . . . .
3 9 0 ,9 7 8
3 8 3 ,1 6 9
2 4 2 .6 2 3
3 4 6 ,0 9 6
F itts . C .C . A S t. L . .S e p t .
3 2 9 ,2 1 5
2 1 5 ,1 5 0
4 3 7 ,4 3 8
J a n . 1 t o S e p t. 3 0 . . . . 2 .4 6 5 .9 2 0 2 ,2 9 7 ,3 9 0
6 8 9 ,9 5 8 1 ,0 2 7 ,2 5 1
1 4 ,2 4 2
* * n n . C o al I. A R R .S e p t .
4 7 ,4 7 9
4 7 ,7 7 7
5 ,8 4 5
J a n . 1 to S e p t. 3 0 . . . .
4 2 7 ,3 1 1
4 2 9 ,9 9 3
1 4 4 ,5 9 1 d e t9 ,7 5 4
lo a d i
STREET RAILWAYS AND TRACTION COMPANIES
JThe following table shows the g r o s s earnings for the latest
period of all s t r e e t railways from which we are able to ob
tain weekly or monthly returns. The arrangement of the
table is the same as th a t for the steam roads—th a t is, the
f ir s t two columns of figures give the gross earnings for the
l a t e s t week or month, and the last two columns the earnings
or the calendar year from January 1 to and including such
latest w e e k or month.
S T R E E T R A IL W A Y 8 A N D T R A C T IO N
G b o ss
E a ju u x g s .
L a te st Gross E a r n in g s .
W eek o r Mol 1898.
1897.
C O M P A N IE S .
J a n . 1 to L a te st Dat.
1898.
18 9 7 .
*
*
I
*
9,9 2 5
7 7 ,391
7 1 ,8 3 7
A k ro n B e d f d A C lev. B ep te m b ’r . ! 8 ,8 5 3
A lb a n y R a ilw a y ......... A u g u s t___ 5 7 ,4 0 4 5 5 ,4 2 9 4 1 7 ,2 9 5 3 8 2 .2 0 7
4 ,7 4 0
5 ,2 0 4
3 5 ,7 5 6
3 2 .2 7 7
A m sterd am 8 t. R y .. . A u g u s t___
6 7 ,6 5 2
8,346
7 5 ,0 4 8
8,568
A tla n ta R a ilw a y .. . . . iS e p te m b ’r,
B a ltim o re C on. R y ,* ... ;S e p te m b 'r, 2 1 6 ,9 9 7 2 1 9 ,4 4 7 ,7 8 0 ,5 3 1 1,757.100
1,721
7,013
1,932
7,541
B a th S t. R y. (M aine). M a y ........... :
6,834
6 1 ,2 2 1
7,058
6 4 ,2 3 5
B ay CitieB C o n g o l... SeptQ tnb’r .
9 9 ,735
1 0 9 ,3 2 5
BSnhrbamtOD 8 t. R y ... A u g u s t---- 18,774 16,9 5 7
B rid g e p o rt T r a c tio n . IS ep tem b er. 32,W*7 2B,508 2 7 0 .3 0 2 2 1 0 ,8 2 4
2 2 2 ,0 2 7
B ro c k to n C on. S t. Ry. A u g u s t___ 3 7 ,2 1 8 3 7 ,4 5 3 2 2 7 ,6 8 8
B ro o k ly n E l e v a te d .. A u g u s t___ 1 4 4 ,9 4 0 1 2 2 ,1 8 0 (0 d 6 ,7 0 8 ,1 0 4 ,9 8 1
B P k ly n R ap . T r. Co.—
B ro o k ly n H e ig h ts ? S e p te m b ’r. 534,941 4 6 0 ,8 3 7 4 ,5 3 7 ,6 8 9 4 ,0 0 8 ,7 5 5
B 'k ly n Q ’n s A S u b . )
C h a rle sto n C ity R y .. S e p te m b ’r. 1 3 ,9 7 5 1 3 .3 9 2 1 3 0 ,4 6 6
9,5 6 5
C in. A M iam i V a L . .. A u g u s t. .. 13,3 0 9
7 9 ,9 0 2 68,0 3 1
3 1 5 ,3 9 5
2 8 3 ,6 ,6
C ltis e n s ’ 8 t,R y .,In d p . A p ril .
5 2 ,4 1 0
5,4 9 3
5 ,4 7 0
4 6 ,5 3 1
Citlx nfl‘(M u n c ie In d .) S e p te m b ’r
1,9 0 8
2,147
1 7 ,4 6 6
17 ,P 0 2
C ity E leo. (R om e.G o.) Septem ber*
C levelan d E le c tr lo ... S e p te m b ’r. 1 4 6 .493 1 4 0 ,5 1 0 1,26 5 ,7 7 1 1 ,2 0 4 ,2 2 1
64,7 0 0
9 ,7 1 5
S e p te m b ’r. 1 0 ,9 4 5
8 0 ,0 9 3
C leve. P a in s v . & E .
1 5 5 ,1 2 3
fo ln m b u s S t. R y. (O.) S e p te m b 'r. 1 6 1 ,7 7 8 6 6 ,3 5 8 5 0 8 ,3 6
D a n v . G a s E l. L ig h t A
8,2 0 6
8,138
50,831
5 3 ,0 0 8
S tr e e t R y ................. J u n e ..........
6,364
D ayton . & W e s t T ra c . J u l y ............
D e n v e r Con. T ra m w .. A n g a - t___ 6 7 ,5 7 0 6 2 ,5 6 7 4 8 8 ,3 2 2 4 6 9 ,4 2 5
8 6 1 ,7 2 0
D e tro it C itr u s ’ S t.B y 2 w k s O ct. 4 9 ,4 3 0 4 4 ,4 6 2 9 2 9 ,891
D e tro it E leo . B y ......... S e p te m b 'r. 3 2 ,7 0 9 2 9 ,8 5 3 2 9 1 ,9 1 6 2 9 4 ,8 0 1
D n ln th S t. R y ............. A u g u s t___ 20,721 17 ,8 3 0 1 3 7 .0 5 7
1 2 7 ,1 8 0
1 0 6 ,8 4 1
E rie E leo. M o to r ...... S e p te m b ’r. 12,395 1 2 ,4 8 2 1 0 9 ,8 2 3
F*. W a y n e A B elle
1 3 5 ,997
1 2 8 ,2 2 5
I s la n d ( D e t r o i t ) .. .. S e p te m b 'r. 15,7 9 3 15,9 5 7
H a r r is b u r g T r a c tio n . S e p te m b ’r . !{ 3 9 ,3 9 3 2 2 ,1 3 6 2 1 6 ,5 0 4 1 7 0 ,5 9 7
H e rk im e r M o h aw k H2 ,9 0 6
Ion A F k f o r t E l. R y. A u g u s t___
3 ,3 3 i
20,544
2 6 ,5 2 2
H o u s to n E le c . S t. R y . S e p te m b ’r. 18,814 1 6 ,4 3 3 1 4 6 ,6 0
1 4 0 ,0 0 6
I n t e r s t a t e C onsol, ol
N o rth A ttle b o r o .... S e p te m b 'r. 1 3 ,4 3 9 12,9 9 3
54.254
6,83v
5 ,1 4 0
K in g s to n C ity R y ----- S e p te m b ’r.
4 1 ,141
8,761 1 1 ,1 4 5
L ehigh T r a c t i o n . , . . . S e p te m b ’r.
8 2 ,408
7 1 .8 8 8
L o n d o n 8 t, B y .(C an .) S e p te m b 'r. 15.441 14.041
L ow ell L a w . & H a v .. A u g u s t___ 5 4 ,8 6 4 5 1 ,6 4 4 3 1 0 ,8 9 9
2 9 5 ,0 3 7
M e tro n .(K a n s a s C ity) 2 d w k O ct. i 43.243 41,066 1,6 1 6 332 1 ,1 5 6 ,8 5 2
M etro. W .S ld e (Ohio.) S e p te m b 'r. 94,791 59,437 8 8 6 ,5 9 c
5 ,5 0 0
M o n tg o m e ry 8 t. R y .. M ay. ..
5,478
2 1 ,5 8 2
22,738
M o n tre a l S tr e e t R y ... B ep tem b ’r. 1 3 6 ,7 6 5 1 2 0 ,8 3 5 1 ,1 1 9 ,5 0 1 1 ,0 2 0 ,0 0 5
4 ,8 8 2
5 ,0 6 7 '
41,27s
M u sc a tin e S t. R y — .
3 9 ,571
N aseau E lec . (B ’kly n ) |S e p te m b ’r. 2 0 5 ,5 6 0 1 8 4 ,6 1 4 .1 ,6 7 4 ,8 6 4 1 ,4 73 ,2 3 3
8,941
8,6371
66,8 3 0
N e w b u rg S t. R y ......... S e p te m b ’r.
0 4 ,9 7 5
6,58*
6 ,3 1 9
45,9 0 2
New L o n d o n 8 t. R y .. S e p te m b 'r.
4 3 ,3 6 9
N ew O rle a n s T ra c U o t A u g u s t___ 107,381! 106,9591 8 9 9 ,696 8 0 5 ,5 9 1
N o rfo lk 8 L R y........... A u g u s t___ 18,588 14,5731 1 1 5 ,539
9 8 ,4 2 0
N o rth C hic. S t. R y ... S e p te m b ’r. 1250,889 2 5 0 ,5 7 1 2,18 0,8 5 9 2 ,0 9 0 ,2 2 4
N o rth S h o re T ra c tio n A u g u s t___ 1 8 0 ,7 4 2 177,39ft 1 ,0 0 3 ,3 7 6 9 0 9 ,8 4 1
15,201
2,4l>3
2,3 6 7
O g d e n sb u rg S t. R y ... S e p te m b ’r.
14,799
P a te r s o n R y ........ ...
S e p te m b ’r, 35.5 5 4 3 a ,133 2 8 1 ,503 2 5 7 ,7 2 7
96 ,2 3
R ic h m o n d T r a c tio n .. August,.... | 13,139 14.809
8 6 ,7 1 0
84.H93
B o x b ’h C h .B .A N o r’n S e p te m b ’r. 1 1 ,6 9 3 10,323
0 8 ,2 4 1
6 ,4 5 6
S c h u y lk ill V al. T ra c . S e p te m b 'r.
48 ,9
6,038
4 5 ,3 0 5
3 ,7 2 4
3 .2 2 8
S c ra n to n A C a rb o n d ’e S e p te m b ’r.
2 6 ,4 8 2
5 ,7 2 0
4 5 ,8 9 0
6,214
S c ra n to n A P it te to n . S e p te m b 'r.!
2 8 1 ,0 2 3 2 6 3 ,8 0 1
S c ra n to n R a ilw a y ---- S e p te m b ’r. 3 3 ,4 7 2 32,534
S y ra c u se R a p . T r. Ry. S e p te m b ’r. 3^.683! 37,4 6 b
3 3 5 ,9 3 4 3 1 7 ,3 1 9
T o ro n to R y . . . ............ S e p te m b ’r. 138,021 113,672
T w in C ity R a p . T ra n S e p te m b ’r. 2 0 8 ,1 8 2 1 9 3 ,3 0 2 1 ,5 9 0 ,4 4 3 1,481*3*83
O nion (N. B e d fo rd ) ..\ S e p te m b ’r. 1 9 ,9 '3 2 0 ,1 1 4 1 4 9 ,0 2 9 1 66,701
B e lte d T r a c t. (P itts .) S e p te m b ’r. 135 884 1 2 1 ,628 1,136,649
O n lte d T r a c t. (Prov*/! A u g u s t— 177,061 104,743 1 ,1 6 3 ,6 8 ? 1,137,1*6*1
B a lt. T ra c . (R eading? S e p te m b ’r. 18,245 17,H7n 1 5 0 ,787 1 5 2 .1 7 7
W akefleid A S to n e .... IS e p te m b ’r. j 7 ,2 5 5 J 6,2 3 4
4 3 ,7 3 0
4 2 ,2 0 6
w a te r h n ry T r a c tio n ,. JS e p te m b ’r. 25,0681 2 3 ,9 2 8 2 0 0 ,7 8 2
1 8 9 ,4 9 0
West C h ic ag o S t. B y . W k G et. let. ' 8 1 ,6 3 0 77,2 3 1
A h e e itn g R a i lw a y ... J u l y . . . . . . . 1 7 ,9 6 2 15,8 6 5 103*814
9 2 ,4 * 6
W illre^h.A Wv VauVyl A u g u ftt---46.151 4 3 .4 0 9 ' 3 2 5 ,4 2 9 8 1 5 ,6 0 4
_________________________
_______________________________
* In c lu d e d B a ltim o re T r a c tio n a n d O ltr A H u b n rh v n fo r bor.b v**nr*
i D* c re a s e in S e p te m b e r d e c to e x tr a o r d in a r y b u s in e s s in S e p te m h e r, 1 8 9 7 . v. h e n m a n y c o n v e n tio n * w e re h e ld a n d a p u b lic v is it m a d e
to c ity b y P r e s id e n t M cK in ley .
In r.re a a e in re c e ip t* in S e p te m b e r d u e to e n c a m p m e n t o f 2 d A rra y
C o rp s a t M ea d v file, P a ;
!Septemb'r.
Street Ballw aj Net Earnings,—The following table gives
the re tu rn s o f STREET railway gross and netearningareoeived
this week. In reporting these n et earnings for thestreet rail
ways, we adopt the same plan as th a t for the steam roads—
[voi> lxvh
that ia, we print eaoh week all the returns received th at
week, but once a month (on the third or the fourth Saturday)
we bring together all the roads furnishing returns, and the
latest statement of this k i n d will be found in the C h r o n i c l e
of September 24, 1898. The next will appear in the issue ol
October 29, 1898,
»— _Oro*» -E a rn in g s.-----. .-----N et E a r n in g s .-----.
H oads.
8
$
A tla n ta R a i lw a y .. .S e p t.
S.3-16
8,568
J a n . 1 to S e p t. 3 0 . . . .
7 5 ,0 4 8
6 7 ,6 5 2
Ba y C itlea Co n .8 t. R y . 8e p t.
7,6 5 8
6 ,8 3 4
J a u . i to SeDt. 3 0 ___
6 4 .2 3 5
6 1 .2 2 1
O lt.Bt, Ry, M u u .(rn (L )8 ep t5 ,4 7 0
5.4 9 3
J a n . 1 to S e p t. 3 0 ___
5 2 ,4 1 0
4 6 ,5 3 1
C ity E leo. ( R om e.G a) S ept.
1,908
2 ,1 4 7
J a n . 1 1« S e p t. 3 0 . , . .
1 7 ,9 0 2
1 7 .4 6 0
Detroit C it’e’ St. R y .S ep t. 1 0 5 .4 0 3
9 5 .438
8 8 0 ,4 0 1
J a n . 1 to S e p t. 3 0 ___
8 1 7 ,2 5 8
D e tro it E le c tric R y .S e p t.
3 2 ,7 0 9
2 9 ,8 5 3
J a n . 1 to S e p t. 3 0 . . . .
2 9 1 ,9 1 6
2 9 4 ,8 6 1
F t.W .& B .I.R y (D e t.)S e p t
1 5 ,7 9 3
1 5 ,9 5 7
1 3 5 ,9 9 7
J a n . 1 to S e p t. 3 0 ___
1 2 8 ,2 2 5
H a r r is b u r g T r a o t 'n .S e p t .
*39,393
2 1 ,1 3 6
2 1 6 ,5 0 4
J a n . I to S e p t. 3 0 . . . .
1 7 0 ,5 9 7
J u ly 1 to S e p t. 3 0 ___
9 7 ,7 3 1
6 3 ,3 5 3
In te r- S t, C o n .S t.R y .8 e p t.
1 3 ,4 3 9
1 2 ,9 9 3
1 5 ,4 4 1
L o n d o n 8 t.R y .(C a n .)S e p t.
1 4 ,0 4 1
M u ac a tin e E l. R y .. .8 e p t .
4 ,8 8 2
5 ,0 6 7
J a n . 1 to S e p t. 3 0 ----4 1 ,2 7 9
3 9 ,5 7 1
.ra ly L to S e p t. 3 0 . . . .
1 4 ,1 7 6
1 4 ,0 6 9
N e w b u rg E leo tr i o . . .S e p t .
8,941
8,6 3 7
J a n . 1 to S e p t. 30,_ _ .
6 6 ,8 3 0
6 4 .9 7 5
3 1 ,8 1 9
J u ly 1 to S e p t. 3 0 . . . .
3 0 ,8 9 3
N ew L o n d o n S t. R y .S e p t.
6 ,5 8 4
6,3 1 9
J a n . 1 to S e p t. 3 0 ___
4 5 ,9 0 2
4 3 ,5 6 9
3 5 ,5 5 4
P a te rs o n R ail w a y ..S e p t.
3 2 ,1 3 3
J a n . 1 to S e p t. 3 0 . . . .
2 3 1 ,5 0 3
2 5 7 ,7 2 7
S o u th e rn B o u le v a rd (N. Y.)
J u ly 1 to S e p t. 3 0 . . . .
14,853
1 6 ,9 5 6
3 5 .1 7 4
J a n . 1 to S e p t. 3 0 ___
3 6 ,7 0 4
2 0 8 ,1 8 2
T w in C ity R a p id T r.S e p t.
1 9 3 ,3 0 2
J a n , 1 to S e p t. 3 0 . . . . 1 ,5 9 6 ,4 1 5 1 ,4 8 1 ,3 8 3
U n io n S tr e e t R y . (N Y '.)—
J u ly 1 to S e p t. 3 0 ___
1 9 3 ,6 2 0
1 6 3 ,0 1 7
J a n . 1 to S e p t. 3 0 , . . .
4 9 6 ,6 7 6
4 2 2 ,4 5 1
Y o n k e rs R R .—
J u ly 1 to S e p t. 3 0 . . . .
4 7 ,6 4 2
3 3 ,2 0 7
$
2 ,7 9 5
2 2 ,1 0 7
2 ,2 4 7
2 0 .7 9 9
2 ,4 7 0
2 6 ,6 1 3
258
2 ,6 7 1
5 3 .5 6 1
4 3 3 ,5 1 5
1 0 ,1 8 1
9 4 ,9 9 8
6 ,5 4 4
5 4 ,7 2 9
* 25,756
1 1 7 .7 6 2
5 8 ,6 2 1
4,8 5 5
9 ,4 4 0
1,811
1 3 ,1 4 3
5 ,3 5 6
5,0 7 3
3 2 ,2 1 7
1 9 ,4 1 0
3 ,5 7 9
1 8 ,6 3 1
1 6 ,7 3 5
1 2 4 ,8 9 1
$
2 ,1 5 5
1 6 ,9 7 8
1 ,7 7 6
1 9 ,0 3 4
2 ,9 5 7
2 3 ,0 0 0
622
4 ,4 6 7
16 3 1 0
3 9 6 ,5 9 6
9 ,1 8 1
9 2 ,8 4 5
6 ,7 0 3
4 8 ,3 0 0
9 ,3 7 0
7 2 ,9 7 2
3 1 ,1 7 2
3 ,0 1 7
8 ,4 3 4
1 ,8 9 6
8 ,0 3 6
1 6 ,6 9 7
1 2 4 ,9 1 9
8 3 8 ,3 2 9
4 ,2 7 0
1 3 ,9 8 0
1 1 2 ,4 3 9
7 3 5 ,1 6 3
8 9 ,1 2 3
1 7 2 ,5 0 3
8 1 ,3 2 2
1 7 4 ,8 3 7
1 8 ,0 7 2
1 5 ,623
4 ,7 4 6
4 ,3 7 4
2 9 ,0 9 9
1 6 ,9 9 5
2 ,5 8 1
1 6 ,4 6 2
1 4 ,4 3 5
1 1 5 ,3 4 4
■ In c re a s e in re c e ip ts in S e p te m b e r d u e t j t h e e n o a m p m e n t o f 2 d
A rm y C orps a t M ea d v ille , P a .
:■Interest Charges and Surplus.—The following S t r e e t
railways, in addition to their gross and net gamings given in
the foregoing, also report charges for interest, &o., with the
surplus or defioit above or below those charges.
.--- b i t ., ren ta ls, etc.----, ^ B a l . o f N et Jam ’s —
1898
18 9 7 .
1898.
R o a d ,.
S
$
%
$
1 ,2 5 0
A tla n ta R a ilw a y — S e p t.
1 ,2 5 0
1 ,5 4 5
9 05
1 1 ,2 5 0
1 1 ,2 5 0
J a n . 1 to S e p t. 3 0 -----51
1 1 ,1 5 7
5 ,7 2 8
9 ,1 2 5
P a te rs o n R a ilw a y ...S e p t.
9 ,0 0 0
7 ,6 1 0
5 .4 3 5
J a n . 1 to S e p t. 3 0 . . . ,
8 1 ,0 0 0
8 1 ,3 2 4
4 3 ,8 9 1
3 4 .0 2 0
6 5 ,1 9 8
6 4 ,6 2 5
I'w ln C ity R a p id T r.S a p t,
5 9 ,721
4 7 ,8 1 9
5 8 7 ,4 6 9
J a n . 1 t o S e p t. S O ....
5 8 0 ,0 5 7
2 5 2 .4 6 0
1 5 5 ,1 0 6
TU b fo llo w in g is a s ta t e m e n t o f t h e g ro s s a n d n e t e a r n in g s o f th e
N a sh v ille S t. R a ilw a y fo r th e m o n th o l S e p te m b e r a n d t h e liv e m o n th s
of th e ilsoal r e a r fro m M ay 1 to S e p te m b e r 30 . F ig u r e s to r 1897 w e re
e x tra o rd in a rily la rg e on a c c o u n t of N a sh v ille e x p o s itio n , w h ic h
la s te d fro n t M »y 1 to N o v e m b e r 30, 18 3 7 , a u d th e r e f o r e c o m p a ris o n is
m a d e w ith 189c .
N A S H V IL L E S T R E E T R A IL W A Y .
S e p te m b e r.-------- ,— M a y 1 lo Sept. 30 .— ,
1898.
11896.
“
'l l : 9 8 .
1896.
S
$
$
3 0 ,5 7 5
G ross e a r n in g s ..............
2 8 ,0 5 5
1 5 4 ,7 9 3
1 5 0 ,8 1 7
13.5 3 2
O p e ra tin g e x p e n s e s ...
1 4 ,935
7 3 ,5 1 3
76,4 56
N e t e a r n i n g . ................
P r o p o r tio n a te i a t e r e a t . . .
t a x e s ........
S i t 'p i t t a .
1 7 ,0 4 3
1 3 ,1 2 0
8 1 ,2 8 0
4 7 ,9 d 6
1 3 ,3 3 3
7 4 ,3 6 1
4 7 ,9 fi0
8 ,2 3 4
......................................
1 9 ,981
1 8 ,1 6 1
A N N U A L R EPO R TS.
Annual Reports.—The following is an index to alt annua)
reports of steam railroads, street railways and miscellaneous
companies which have been published fince-the last edilions
a? t h e I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p p l e m e n t s .
This index does
not
include reports in to-day’s Cbbonu
R a il r o a d a k d m ihckl . C o ' s
V olum e 6 7 —
t ’age.
American C graal.C o..—
■ '■ 3 0 8
A tohl.on Top. A
,
hr.
R a il r o a d & M is. G o’s—(C ott.i
V o lu m e 0 7 —
Rage .
G reat N orthern ......................7 8 5 . 7 9 0
Illinois C en tra l........................ 5 7 5 , 5 8 0
Iowa C entral lty .......
....3 0 7 .7 8 7
Bouton A A lbany..................» '« • 4 7 8 •laokeonyilte la m p s & Key W est.4 7 9
Boat-on A M aine...... .............. 3 « v . J ( ; K. C. Ft. 8. A M em.......................... 4 2 4
Morion Electric t, g b t . .. . . .. . . - - 2 7 4 K a m a . City (Mo.) Ga»..................... 5 2 8
iturr. Itochu., A l i f t , .3 1 0 . 4 3 3 . -S.IZ K. C. M era. A B irin........................... 4 2 4
Calumet fc Haola. ... .
2 4 0 Long Is la n d .............................2 7 2 , -»85
Cape Peer A VadUn Valley........... 7 h »
Louleville A N aehvllle.310, 7 3 1 , 7 3 8
Maine O em rui.................................... 0 r.fi
Central Coal A t-oae — .......•■■■-’I ! J
308
(’antral of On- » T ................. # ¥ ? . « » > M anhattan R y..............
C h esap eak e A-1'm o . - .........j j * •»■ 3 J i Mexican ( ant ml tty. (six m onths) 178
Chic. Burlington A Quincy.. 3 7 1 , 7 8 b Minn. A St. Louie....................7 8 6 , 7 9 1
Cblc. A East - H I. ........4 ’-* • Missouri K an.se A T exas...............0 3 1
Chlcaeo G reat W est...2 1 9 . 4 4 J .4 :< 3 Mobile A Ohio ..........2 7 2 . 0 8 4 , 0 9 4
Chic. ln<1. A LonlSTUlBy. =....- • - 7 3 3 Nasi). Chat. A SI. L . .. 7 3 2 , 7 4 0 , 7 8 0
Chic, Sill. * St. P
>45. 5 3 1 . 5 7 7 N. V. Cent. * it. n . S B .. . 5 7 7 5 9 t
Ohio. A North W e t. a t 9 , SIW , .1 1 ", N. V. .v. H a v , A H a rt, H R ...5 7 0 , 7 3 2
Chic. Peoria A St. L ouie,.. . . . . . . 3 6 7 N- V- o u t, a W ea te rn .3 6 7 . 4 7 7 . 4 8 5
Clfire. i in.Chic. A St. L. 121.521).
New England ....................................4 2 5
ft. V. Con.ft H, K. U R..................... 5 2 t
Col. Fuel A Iro n ..........rv, -8 2 7
l)en*«r A Mill G raude.27 1 .4 2 8 , 4 2 9 Norfolk A W e s te rn ...2 7 4 . 5 2 0 , 4.30
Uric RK ............4 7 7 , 5 7 0 , 0 3 1 , 03H N orthern P un- ,4 7 7 , 5 2 7 , 5 7 6 . 5 8 8
Kail Brook R y .................... ............ 17 9 Ohio ta ll* Car Mfg...........................4 8 0
Fitchburg R li.........................3 0 8 , 0 8 0 Oreuon FtK. & N a y ,..3 1 0 . 0 8 5 , 0 9 2
lienrgia A Alabam a . .. ,
............2 7 2 Oregon Hhort. Line............., 3 0 8 . 7 3 3
Glucose Sugar ReOnlng (10)4m oB .)272 I noble Mail 9S. Co............................ 2 1 9
O c t o b er 22,
1898.J
THE CHRONICLE,
R a il r o a d s & M is. C o .’s —(O on.)—
V o lu m e s 66 a n d 6 7 —
Page.
Peoria & E a ste rn ..................
4 ‘2 5
P u llm an ’s Palace C ar.. ............... 7 S 7
Railway E quipm ent Co. o f M inn..;J6S
R eading C o.........................................5 7 6
Rio G rande S o u th ern..................... 4*2 -I
Rio Gr^nd W estern. .4 2 4 , 7 S 6 . 7 9 4
St. Louis A San F ra u ..2 7 2 , G 31, 6 1 4
St. Louis Southw estern...................7 S 6
San Francisco B rew er.es(Lim ited)3«i9
St. Paul A D u lu th ............................ 7 3 i
S anta Fe Pres. & Phoenix .......... 6 3 1
Staten Island R apid T ran sit,........ 3 6 8
Southern Railway ......................... 3 6 6
Toledo A Ohio C entral.................... 7 3 2
U lster A Delaware....
478
U n.P ac.(rtm os.).63 I, 7 3 1 . 7 S 6 . 7 9 4
U nited Electric Securities..............4 8 0
D nited States G lass......................... 4 8 0
W abash RR ............... 3 1 6 . 5 2 6 . 5 3 8
R a il r o a d a n d M i s . C o . ( C o n .) V o lu m e 66 a n d 6 7 —
Page.
W agner Palace Car Co.......... ........3 6 9
W elsbach L ig h t.................................2 2 0
W¥stern N. Y, A P en n ...................3 1 6
W estinghouse Elec. & M fg ............ 7 3 5
W est Ya. Cent. A P ittsb u rg ...........4 7 8
Wisconsin Central Co......................4 2 4
S t r e e t R a il w a y s .
"Volumes 6 7 —
P age.
B ridgeport T rac tio n ......................... 4 2 6
Buffalo R ailw ay................................. 3 6 8
Brooklyn Rapid T ra n s it................. 4 2 5
M etropol. S t.R y .o f Kansas C ity ..4 7 9
M etropol. St. Ry. (N. Y. C ity)........5 7 7
M iddletown-Goshen T raction___ 4 8 0
M uscatine E le c tric ...........................4 * 0
New York & Queens C ounty........... 7 3 ^
Third A venue R R .............................4 8 0
Union T raction Go. (Phila.)............ 7 3 4
Chicago Burlington & Quincy RR.
(For the year ending June SO, 1898.)
The first report of this company covering a full twelve
months since the change of fiscal year from Dec.31 tp June 30
is given on pages 851 to 853 embracing the remarks of Mr.
Charles E. Perkins, the President, and the balance sheet and
income account.
Southern Pacific Company.
(Report fo r the year ending June SO, 1898.)
On pages, 844 to 850, of to-day’s C hron icle will be fonnd
extracts from the report of Mr. C. P. Huntington, the Presi
dent of the Southern Pacific Company, for the fiscal year
ending June 30, 1898, including the balance sheets, income
accounts, etc.
As supplementary to the above, we give in the tables here
following a statement showing the work done by the trans
portation department, upon which the increase or decrease in
the expenses is, to a large extent, contingent:
P A C IF IC SYSTEM .
F re ig h l—
1897-8.
T o n s c a r rie d (c o m m e rc ia l).......................
6 ,6 1 4 ,7 4 6
T o n s c a r r ie d 1 m ile .......................................2 ,0 5 8 ,8 5 2 ,1 3 8
R a te p e r to n p e r m ile (c o m m e rc ia l)...
1 0 0 9 eta.
P a ssen g e r—
P a s s e n g e rs c a r r i e d ........................................
2 0 ,2 2 3 ,8 0 6
P a s s e n g e .s c a r r ie d 1 m ile ......................... 5 8 7 .9 0 6 ,5 7 5
R a te p e r p a s s e n g e r p e r m ile .....................
1*833 eta.
A t l a n t ic sy s t e m —
F re ig h t 3 ,0 8 5 ,0 6 8
T o n s c a r r ie d (c o m m e rc ia l).........................
T o n s c a r rie d 1 m ile .........................................1 ,0 8 3 ,2 7 6 ,7 9 2
R a te p e r to n p e r m ile (c o m m e rc ia l)—
0 7 8 9 eta.
P a ssen g e r—
P a s s e n g e rs c a r r ie d ........................................
9 8 6 ,2 9 7
P a s s e n g e r s c a r r ie d 1 m ile .........................
7 4 ,6 3 1 ,5 5 2
R a te p e r p a s s e n g e r p e r m ile .....................
2*218 eta.
H ouston & T ex a s Ce n t r a l —
F re ig h t—
T o n s c a r r ie d (c o m m e rc ia l).........................
1 ,0 8 5 ,7 0 1
T o n s c a r r ie d 1 m ile ........................................ 2 0 1 ,3 8 4 ,7 8 5
R a te p e r to n p e r m ile ...................................
1*312 c ts .
P a ssen g e r—
P a s s e n g e rs c a r r ie d ........................................
7 0 7 ,4 7 2
P a s s e n g e rs c a r r ie d o n e m ile .....................
2 9 ,8 7 4 ,5 1 5
R a te p e r p a s s e n g e r p e r m ile .....................
2 3 7 0 o ts.
—V. 65, p . 976.
1896-7.
5 ,4 5 5 .1 9 6
1 ,4 8 4 ,3 5 9 ,5 5 6
1*227 o ts.
1 9 ,1 5 1 ,5 5 9
4 8 5 ,2 0 7 ,2 0 0
1*929 c ts.
2 ,7 3 3 ,9 1 4
9 1 0 ,4 0 7 ,8 1 7
0 9 0 4 c ts .
1 ,0 1 9 ,9 1 7
7 8 ,7 2 1 ,8 8 2
2*295 c ts,
1 ,1 1 6 ,1 5 9
1 9 8 ,8 4 8 ,6 9 8
1*390 c ts.
6 7 5 ,1 1 6
2 7 ,5 1 6 ,3 3 2
2*399 c ts.
Western New York & Pennsylvania Railway.
CReport for the year ending June SO, 1898.)
On pages 853 to 854 we give President De Coursey’s re
marks from the annual report in fall. The earnings, ex
penses, charges, etc., were as below.
O P E R A T IO N S
AND
FISC A L R ESU LTS.
1897-8.
633
1 896-7.
1895-6.
1894-5.
M ile s o f r o a d o p e r’d.
643
643
643
O p e ra tio n s—
P a s s e n g e rs c a r rie d .
1 .3 3 3 ,9 8 6
1 ,3 7 1 ,4 2 6
1 ,3 9 2 ,0 5 4
1 ,5 0 1 ,6 3 1
P a s s , c a r r ie d 1 m ile 3 2 ,9 5 9 ,3 2 7 3 1 ,7 9 8 ,1 0 9 3 3 ,5 2 7 ,7 9 4 3 0 ,8 4 6 ,0 6 1
R a te p e r p a s s . p. m . 2 0 5 4 c ts.
2*099 c ts.
2 1 0 7 c ts .
2*185 o ts.
F r e ig h t (to n s) c a r ’d. 4 ,3 2 7 ,7 7 6
4 2 8 7 8 32
3 ,6 1 8 ,8 5 3
4 ,1 2 4 ,3 9 5
F r ’gC ( to n s )c a r 1 rn .5 0 7 ,4 44,667 4 1 5 ,7 0 5 ,2 2 4 4 6 3 .7 0 0 ,6 0 1 500,'tf74,’l 3 7
R a te p e r to n p e r m . 0*4726 c ts. 0*5121 ote. 0*5022 o ts. 0 4 9 0 J c ts .
E a r n in g s —
$
$
$
$
6 7 6 ,8 8 5
6 6 7 ,4 1 6
7 0 6 ,5 4 5
6 7 3 ,9 4 5
P a s s e n g e r s .................
F r e i g h t .......................
2 ,3 9 8 ,0 1 9
2 ,1 2 8 ,8 3 2
2 ,3 2 8 ,8 6 3
2 ,4 5 4 ,9 5 3
M ail, e x p re s s , <fcc...
1 7 1 ,0 3 3
1 5 8 ,5 2 6
1 5 0 ,6 2 2
15 3 ,1 1 2
T o ta l e a r n in g s .
E x p e n se s —
M a in t. o f w a y , & c ..
M a in t. o f e q u ip m ’t .
C o n d u c t’g tr a u s p .n .
G e n e r a l .......................
3 .2 4 5 ,9 3 7
1897-8.
$
4 9 0 ,4 7 5
4 6 6 ,4 8 0
1 ,0 7 9 ,1 7 5
1 0 6 ,6 7 4
2 ,9 5 4 ,7 7 4
1896-7.
$
4 8 7 ,7 5 0
4 1 7 ,8 9 0
1 ,0 2 9 ,1 5 6
1 0 8 ,1 5 0
3 ,1 8 6 ,0 3 0
1895-0.
$
5 8 1 ,861
4 3 3 ,0 1 0
1 ,1 1 0 ,0 3 5
1 0 9 ,0 0 5
3 ,2 8 2 ,0 1 0
1894-5.
$
5 2 7 ,0 9 1
51 5 ,9 5 9
1 ,1 2 5 ,1 /3
1 24,613
T o ta l......................
N e t e a r n in g s .............
P . c. of e x p . to e a rn .
2 ,1 4 2 ,8 0 4
1 ,1 0 3 ,1 3 3
6601
2 ,0 4 2 ,9 4 6
9 1 1 ,8 2 8
69-14
2 ,2 3 3 ,9 1 1
9 5 2 ,1 1 9
7 0 1 1 !,
2 ,2 9 2 ,8 3 6
9 89,174
69*86
INCOME ACCOUNT.
R e c e ip ts—
N e t e a r n in g s .............
O tn e r in c o m e ............
189 7 -9 8 .
$
1 ,1 0 3 ,1 3 3
8,391
18? 6-97.
$
9 1 1 ,8 2 8
5 4 ,6 1 1
1 8 9 5 -9 6 .
$
9 5 2 ,1 1 9
5 6 ,6 3 8
1894-95.
*
9 8 9 ,1 7 4
29,6C 0
T o t a l......................
D is b u r s e m e n ts —
I n t. o n 1 s t m o r t 's . ..
I n t . on g e n . m o rt’ge.
I n t. on r. e ln o r t’gs.
I n t . o n e q u ip n o te s.
T a x e s ............................
1 ,1 1 1 ,5 2 4
9 6 6 ,4 3 9
1 ,0 0 8 ,7 5 7
1 ,0 1 8 ,7 7 4
4 9 9 .5 0 0
3 0 0 ,0 0 0
1 5 .5 5 6
5,8 9 0
1 0 0 .0 7 0
4 9 *,500
2 2 5 ,0 0 0
15.561
) 0 ,0 5 2
9 0 ,0 7 6
5 1 6 .3 5 1
5 0 ,0 0 0
1 5 .5 1 9
1 0 ,8 5 8
9 5 ,4 3 0
5 0 8 ,7 1 0
T o t a l ......................
S u r p lu s fo r y e a r ___
9 2 1 ,0 1 6
1 9 0 ,508
8 4 0 ,1 8 9
1 2 6 ,2 5 0
6 8 8 ,1 8 8
3 2 0 ,5 6 0
6 8 5 ,9 1 4
3 3 2 ,8 6 0
1 4 ,e5 4
7 2 ,8 6 2
8 9 ,6 5 8
839
G E N E R A L BA LAN CE S H E E T JU N E 30.
1898.
1896.
A ssets—
$
$
R o a d a n d e q u i p m e n t ..........................5 1 ,3 9 8 ,9 5 6 5 1 ,4 2 3 ,9 9 4 5 1 ,4 2 4 ,0 6 8
S to c k s a n d b o n d s o w n e d ..................
6 8 6 ,4 7 6
6 8 6 ,2 6 1
6 8 6 ,2 6 1
M a te ria ls a n d s u p p lie s .....................
2 0 8 ,3 1 8
1 5 5 ,7 8 0
1 8 0 ,1 6 8
D u e fro m a g e n ts a n d c o n d u c to r s .
9 4 ,6 1 0
10 3 ,9 8 8
9 5 ,5 8 6
D u e fro m in d iv id u a l? :, c o m p ’s, & c .
6 7 1 ,4 5 4
5 6 6 ,3 1 7
4 7 9 ,9 2 9
C ash on h a n d ..........................................
3 4 9 ,9 8 8
2 2 5 ,8 8 9
2 4 8 ,2 6 8
U n a c ’d in t. in c lu d ’d in e q u ip , n o te s
2 0 ,5 6 3
2 6 ,4 5 2
3 6 ,5 0 4
M isc e lla n e o u s ..........................................
5,4 7 9
5,9 6 9
_ 2 1,946
T o ta l a s s e ts .....................................5 3 ,4 3 5 ,8 4 3 5 3 ,1 9 4 ,6 5 1 5 3 .1 7 2 .7 3 0
L ia b ilitie s —
S to c k .................................. - ...................... 2 0 ,0 0 0 ,0 0 0 20 , 000,000 20 ,000,000
B o n d s (see S u p p l e m e n t ) ...... 2 9 ,9 9 0 ,0 0 0
2 9 ,9 9 0 ,0 0 0 2 9 ,9 9 0 ,0 0 0
E q u ip , n o te s (in c lu d in g in te r e s t) ..
1 0 4 ,7 3 3
1 3 3 ,9 8 6
188, 52
I n t e r e s t o n b o n d s ......................
3 4 4 ,7 9 0
3 0 2 ,5 5 0
3 3 7 .1 2 8
R e a l e s ta te m o r tg a g e s ............
2 8 9 ,7 9 9
2 8 9 ,7 9 8
2 8 9 .7 9 8
W ag e s a n d s u p p lie s ..................
4 3 2 ,3 2 2
3 6 3 ,5 4 7
3 5 3 ,2 5 4
K in z u a V alley R R . w a r r a n t s ..........
5 7 ,0 0 0
5 7 ,0 0 0
5 7 ,0 0 0
B ill8 p a y a b le .................................................................
6 2 ,7 2 0
P r o fit a n d lo s s ............................. 2 ,2 1 7 ,0 7 1
2,023^065
1 ,9 2 9 ,0 2 8
M is c e lla n e o u s .............................
12 8
128
128
T o ta l lia b ilitie s ...............................5 3 ,4 3 5 ,8 4 3 5 3 ,1 9 4 ,6 5 1 5 3 .1 7 2 .7 3 0
—Y . 67, p . 316.
Chicago Terminal Transfer Railroad.
(Report fo r the year ending June 30, 1898.)
The report of President Edward D. Adams will be pub
lished in the C hronicle next week. The first year of opera
tions ended June 30, 1898, and showed results as below :
G ross e a r n in g s —
R e n ta ls a n d t r a c k a g e ..
T raffic ..................................
E x p e n se s a n d ch a rg es—
O p. e x p a n d t a x e s ........ $ 4 5 5 ,5 0 5
I n t e r e s t c h a r g e ................
5 6 2 ,1 5 7
$ 6 6 ',8 6 7
4 4 9 ,3 9 4
G ro ss e a r n in g s ........$ 1 ,1 1 9 ,2 6 1
B a la n c e , s u r p l u s .. .
$ 1 0 1 ,5 9 9
The balance sheet shows : New first 4s outstanding, $13,000,000 (after deducting $290,000 in treasury); bonds of pred
ecessor companies assumed, $1,044,000 ; current assets,
$1,076,730; current and contingent liabilities, $603,364, mak
ing net current assets $473,367, an increase of $101,599 during
the year.—V. 66, p. 1188,
Indiana Decatur & Western Railway.
(Statement for year ending June 30, 1898.)
President Woodford has furnished ns with the following:
T e a r e n d in g J u n e 30.
1898.
G ro ss e a r n in g s ....................................... ....$ 4 8 1 ,7 0 1
O p e ra tin g e x p e n s e s a n d t a x e s ___ . . . . 3 5 3 ,2 8 2
1897.
$ 4 5 5 ,6 9 5
3 3 6 ,6 84
In c rea se .
$ 2 6 ,0 0 6
1 6 ,5 9 8
N e t e a r n in g s ..................................... ........$ 1 2 8 ,4 1 9
F ix e d c h a r g e s ........................................ ........
9 1 ,2 0 0
$ 1 1 9 ,0 1 1
9 1 ,2 0 0
$ 9 ,4 0 8
S u r p lu s . ......................................... ........ $ 3 7 ,2 1 9
—V. 65, p . 27.
$27,8X 0
$ 9 ,4 0 8
Western Union Telegraph Company.
(Report fo r the year ending June SO. 1898.J
President Thomas T. Eckert says in substance:
T h e d e c re a s e o f 7 6 7 m ile s of p o le s, a s c o m p a re d w ith th e p re c e d in g
y e a r , is o a u se d b y t h e a b a n d o n m e n t o f c e r ta in h ig h w a y lin e s , w h ic h i t
w o u ld o th e rw is e h a v e b e e n n e o e s s a ry to r e c o n s tr u c t , a t a la r g e c o s t,
a n d th e tr a n s f e r o f th e w ire s th e r e f r o m to n e w e r p o le s o n p a r a lle l
r a ilr o a d r o u te s .
T h e in c re a s e d r e v e n u e s m a d e n e c e s s a ry a n in c re a s e d o u tla y f o r
o p e ra tin g a n d g e n e r a l e x p e n s e s o f $ 6 5 5 ,1 1 1 . F o r r e c o n s tr u c tio n a n d
m a in te n a n c e , $ 3 4 2 ,9 1 4 m o re w a s s p e n t th a n fo r th e p re c e d in g y e a r ,
a n d th e c o st of e q u ip m e n t o f th e n e w offices a n d fo r im p r o v in g o ld
e q u ip m e n ts w a s in c r e a - e d $ 4 8 ,3 7 1 . T h e a m o u n t p a id f o r ta x e s w a s
$ i2 3 ,9 8 0 le ss, b e c a u s e o f th e s e tt le m e n t d u r in g th e p re c e d in g y e a r of
d is p u te d a c c o u n ts w ith s e v e r a l S ta te s , b u t w a s s till $ 1 4 4 ,0 3 3 , m o re
t h a n w as p a id d u r in g th e fis c a l y e a r 1896.
T h e a v e r a g e to lls re c e iv e d w e re 3 0 1 c e n t s p e r m e ss a g e . T h e a v e r
a g e c o st p e r m e s s a g e w a s 24*7 c e n ts . T h e d e c r e a s e in t h e a v e r a g e
toU s re c e iv e d , a n d t h e in c r e a s e in th e a v e r a g e c o s t p e r m e ss a g e , a re
a c c o u n te d fo r b y th e la r g e n u m b e r o f G o v e rn m e n t a n d p re s s m e ssa g es,
c o n s e q u e n t u p o n th e w a r w ith S p a in .
T h e c o s t of c o n s tr u c tio n o f n e w p r o p e r ty f o r th e y e a r w a s $ 1 ,1 1 7 ,652. T h e s u rp lu s a c c o u n t w a s in c re a s e d $ 3 1 5 ,6 9 4 .
Statistics.—Ths following table exhibits the mileage of the
lines operated, number of offices, number of messages sent,
receipts, average tolls and cost per message for every fifth
year since 1866 and for each of the last seven years:
M iles o f
w ire .
Offices. M essages.
1 8 6 7 .. 8 5 ,.9 1
2,565
5 ,8 7 9 ,2 -2
1 8 7 2 . .1 3 7 ,1 9 0 5,2 3 7 1 2 ,4 4 4 ,4 9 9
1 8 7 7 ..
1 94.323
7 ,52010,158,941
1 8 8 2 .3 7 4 ,3 6 8 1*2,068 3 8 ,8 4 2 ,2 4 7
1 8 -?7..624,o41 16,658 4 7 ,3 9 4 ,6 3 0
1 » 9 2 ..7 3 9 ,1 0 5 2 0 ,7 0 0 62,387,21)8
1 8 9 3 .. 76 9 ,2 0 1 2 1 ,078 6 6 ,5 9 1 ,* 5 8
5 8 ,6 3 2 ,2 3 7
1 8 9 4 ..
790, 92 v 1 ,166
1 8 9 5 ..
8 02.651 2 1 ,3 65**,307,315
0
5 8 ,7 6 0 ,4 4 4
1 8 9 6 ..
82 6 .9 2 9 2 1 ,725
1 8 9 7 ..
841.002 2 1 ,7 65 98 ,1 5 1 ,6 8 4
1 8 9 8 ..
8 7 4 .4 2 0 2 2 ,2 16 02 ,1 7 3 ,7 4 9
A v e ra g e
A v e ra g e
lo lls p e r cost to (Jo.
R eceipts.
m essage o f m essage$ 6 ,5 6 4 ,9 2 5 3 0
66*2
8 ,4 5 7 ,0 9 5 7 7
43 8
9 ,8 1 2 , 5 2 H I 43*6
29-8
1 7 ,1 1 4 ,1 6 5 9 2 38*2
25*8
230
17 ,1 9 1 ,9 0 9 9 5 3 0 4
2 3 ,7 0 6 ,4 0 4 7 2 31*6
22*3
22*7
2 4 ,9 7 8 .4 4 2 9 6 31*2 .
2 1 ,8 5 2 ,6 5 5 0 9 3 0 5
23 3
233
22 ,2 1 8 ,0 1 9 18 30*7
240
2 2 ,6 1 2 ,7 3 6 2 8 30*9
24*3
2 2 ,6 3 8 ,8 5 9 16 30*5
2 3 ,9 1 5 ,7 3 2 0 0 30*1
247
Earnings, etc.—The results for three years were as fol
lows, compiled for the C h r o n i c l e :
r e c e ip t s
and
d is b u r s e m e n t s .
1 8 9 7 98.
R ev e n u e s fo r th e y e a r ........................2 3 ,9 1 5 ,7 3 2
E x p e n se s—
O p e ra tin g a n d g e n e r a l e x p e a s e s . .12,749,*272
R e n ta ls o f le a se d l i n e s ....................... 1 ,5 7 0 ,0 0 6
M a in te n a n c e a n d r e c o n s tr u c tio n . 2 ,6 8 8 ,2 8 3
T a x e s .........................................................
5 0 6 ,2 2 4
E q u ip m e n t of offices a n d w ir e s ___
2 5 1 ,7 9 4
T o ta l e x p e n s e s ............................... 1 7 ,8 2 5 ,5 8 1
P r o fits ......................................................... 6 ,0 9 0 ,1 5 1
D isb u rsem e n ts F o r d iv id e n d s .......................................... 4 ,8 6 7 ,9 1 1
F o r in te r e s t o n b o n d s .........................
8 9 6 ,5 5 5
F o r s in k in g f u n d s .................................
9,991
T o ta l d is b u r s e m e n ts ................... 5 ,7 7 4 ,4 5 6
B a la n c e of p r o f its .................................
3 1 5 ,6 9 5
S u rp lu s J u ly 1 (b e g in n in g o f y e a r ) 7 ,6 4 7 ,5 4 1
S u rp lu s J u n o 30 (e n d of y e a r ) ........ 7 ,9 6 3 ,2 3
1896-97.
9
2 2 ,6 3 8 ,8 5 9
1895-96.
$
2 2 ,6 1 2 ,7 3 6
1 2 ,0 9 4 ,1 6 1 1 2 ,0 1 1 ,6 5 4
1 ,5 7 3 ,4 9 8 1 ,5 7 0 ,7 2 0
2 ,3 4 5 ,3 7 0 2 ,4 4 0 ,0 0 0
6 9 0 ,2 0 5
42 2 ,1 9 1
2 0 3 ,4 2 3
2 7 0 ,1 9 0
1 6 ,9 0 6 ,6 5 0 1 6 ,7 1 4 ,7 5 6
5 ,7 3 2 ,2 0 3 5 ,8 9 7 ,9 8 0
4 ,7 9 2 ,8 5 5 4 ,7 6 7 ,8 0 5
8 9 5 ,5 1 0
8 9 3 ,9 6 7
3 9 ,9 9 1 _ 3 9 ,9 9 1
6 ,7 2 8 ,3 5 6 5 ,7 0 1 ,7 6 3
3 ,8 4 7
1 9 6 ,2 1 7
7 ,6 4 3 ,6 9 4 7 ,4 4 7 ,4 7 6
7 ,6 4 7 ,5 4 1
7 ,6 4 3 ,6 9 3
sn ki:t jcnb 30.
1897.
1898.
A m t* —
f
Telrvr
»j»h Uq«a; ftteck* owned 0
of le»*eht 60tBM&lei« fran*
ehliKMi. |tAt«at\ ot<? ... ....,101,009,302 101,701,510
Sloeki
and bond**
of leaned f»i.
eo*
received
In exchange
for ,502.000 8,488,000
collateral
tr u n t b o n d . . . . .
&toek«
of
not
leaned
telegraph
and t fclephon©contpaulea, a ml
8.103.671
other necarUlea____— ..... 8,023.068
4.077,033
4,077.034
125,897
1 10.162
SapjiUee and ruuteri *1*__ _ . 2,606,817
Sundry account® receivable,etc. 2.142.601 2,812,821
1,047,204
494,269
407,400
Sinking fan*
...129.SC7.312 128,410,493
Total
... 97,370,000
tal etock15,352,002
15,356,282 97,370,000
F«»d<*l d e b t . . . .
Gold,
A
Stock
Tele,
Co
for
at’cks
2,039,200
of
oti/rco*.
hold
thio'gh
lease
1,956,600
Sundry
accounts
dividend*
payable (Including
July 15).. 5,623,011 4,403,571
Sur.oftno.
prior
Oot.1,1881,
for
tele*totolines
A prop. 1,598,184 1,598,184
Surapprop.
of
5no.
eub.
Oct.
plus tlu* surplus prior1.1881.
to Oct.
1,1881,, nnot approp. a? above. 7,963,235 7,647,541
Total...................................129,867,312 128,410,198
-V 67, p. 579.
BAUXi
1S90.
$
101.306.87 4
8.401,000
7.510,230
4,97^,533
126,263
2,503,572
1,338,081
461,693
126,723/250
95,370,000
15,275.208
2,039,200
4,796,961
1,598,184
7,643,693
126,723,250
Pullman's Palace Car Company.
( Report for the year ending July 31, 1898.)
Acting Pres'lent Lincoln says in substance:
Contracts.—During the fiscal year contracts have been
ni a'It- continuing the operation of cars upon the following:
A tlantic t'V.ifist Line. Union Pacific RR., Oregon Short. Line RK., Oregon Rail wav A Navigation. Chicago Rook Island & Pacific Ry., St. Louis & San F ra n ct*co RR., U urling'un Cedar Rapids & N orthern Ry.. Colorado Midland Ry.,
Chicago Burlington Jt Quincy RR . Mexican Central Ry.
New contracts have been made with the Bangor & Aroos
took RR Co., the Atlanta Knoxville & Northern Ry. Co.
and the St. Joseph & Grand Island Ry. Co. The total mile
age of rail ways covered by the cars of this company is 121,662.
Curs.—There have been builr. during the year, for the use
of the company, 23 cars, costing $337,739. Cars owned and
controlled number 2.410, of which 371 tourist or second class.
Passengers.—The number of passengers carried during the
year was 5,356,912, and the number of miles run was 201,293,321. During the previous year the number of passengers
carried was 4,852,398, and of miles run was 190,562,753.
Manufactures.—To e value of the manufactured product
of the car works of the company for the year was $ ll’>,368,256,
and of other industries, including rentals, $1,032,086, making
a total of $11,400,342, against $1,681,618, for the previous year.
Statistics.—The results for several years are as follows:
INCOM E ACCOUNT.
1897-98.
1896-97.
1895-96.
1894-95.
$
$
$
$
K.irtniic-of c:ir>......... 8, >99,837 7,713,344 8,162,460 7,452,353
Jltv<nu4—
P a t e n t ro y a ltie s , m a n u
f a c tu r in g p ro fit«, re n -
luuire*t, A c ........ 2,076,031
Tolu! revenue...........10,674,868
Jji*bw rscm € n (s—
Operating
expense*.......xts 3,770,315
PM otherInrOeep.
Repairs
exceti*earofAHg'
mile* 831,634
v.
..................
791,030
Divid'd*; on capital stock 2,880,000
1,231,544 1,081,923 1,094,772
8,974,888 9,244,383 8,547,625
3,511,869
8 i 2,169 3,730,079
847,897 3,511,030
716,204
138,998
........ .
2,880,000 2,880,000 2,880,000
Total disbursement. 8,280,9 5 7,204,038 7,596,974 7,137,234
Net surplus...................... 2,393,883 1,770,850 1,647,409 1,410,391
BALANCE 8HKET JO L T 3 1 .
1898.
1897.
1896.
1895.
$
$
$ 21,187,543
$
Cani and equipment......22, 153,30122,638,087 23,779,145
Invest**
in
oth.
car
ass’
dm
c -ntroHMarni operated 2,'896,468 3,662.645 3,672,836 3,937,363
Invest*tsILS.and
at Pullman,
Ac. 8, 113,767 8,101,518 8,103,030 7,988,173
Patents,
foreign,
11 >,609 114,082 112,328 110,537
i urniture tod fixtures
75,000 114,058 114,371 113,938
Beal
estate,
ear
works,
Ac.,
CUlc«*o,
Ht.
Louis,
Wtlinln^t’n, Detroit,
Ac 1,573,795 1,708.501 1.797,527 1,796,587
Securities
..............10
331,921 9,478,724 8,727,371 1,799,300
Cc*n?.truet*n
materialand
oper.mippllvs,
iticl.
ears
in process
of eoustr'Pii 4 OIOJH-# 3,191,188 3,884,464 3,701,742
Cash
and loans
........ 7
12,58 625
6,883,065
Balance of accounts rcc 6.,609,542
12,230 1.817,371 9,080.093
3,648,119 7,274,400
Totrti « . “ i t .
L itih it
[VOL. LX VII
THE CHRONICLE.
810
lO r .—
.......... .0 3 ,0 3 3 ,1 0 5 6 3 ,5 0 2 ,9 5 9 6 2 ,0 1 9 ,8 3 8 6 2 ,7 9 2 ,9 5 8
operations. The amount of $62,565 has been spoilt for addi
tional machinery at the mills and $27,753 has been credited
to the reorganization committee for machinery taken from
idle mills, making the total for improvements and additional
construction during the year $90,317.
In adjusting the final accounts of the year all merchandise,
both raw material and manufactured goods, has been taken
at a price considerably below that at which it was selling on
August 1, 1898. All bad and doubtful debts have been writ
ten off, and the excess of current assets over liabilities is cal
culated upon a most conservative basis. This excess is at pres
ent about what it was when the company commenced
business in August, 1893, and in view of this fact the direct
ors do not feel that they are warranted in paying any divi
dend upon the income bonds at this time.
Since August 1 all fliating liabilities have been liquidated.
The general expenses, sale, and administration charges, etc.,
have been largely increased from the fact that the company
has felt obliged to carry an abnormally large stock of raw
material, owing to the stoppage of supplies from the Philip
pine Islands.
Manufacturing Plant.—The renovating and improving of
the plant has been in progress for the past two years. The
entire plant is now equipped with modern machinery through
out and is in the highest state of efficiency. This year has been
a record breaker as to cost of production, and the use of
machinery that is up to date in every particular will tend
to reduce further the cost of manufacture.
Production.—While the number of pounds of goods manu
factured and sold aggregates in the neighborhood of 50,000,000, as against about 63,000,000 last year, the advantages to
your company have been greatly augmented by the profitsrealized in comparison with what would have resulted had a
more aggressive policy been enforced and a larger amount of
goodB been sold at very much lower figures.' Manila and
Sisal ropa that were selling at- this time last year at prac
tically ruinous prices are to-day being sold at a profit-.
General Business.—Tlxough the past year has been, like its
predecessor, one of keen competition, the competition has
been conducted more advantageously to your company.
The company is equipped to do a much larger business, but
it has done that which was the most profitable in the judg
ment of your directors. This company is now well estab
lished and is recognized as an important and respected factor
in the industry with which it is affiliated.
The books and accounts of the company have been audited
by the Audit Company of New York.
Earnings, Etc.—The operations of the year were as follows :
31.
1897-98. 1896-97.
Proceeds of sales............................... ................$3.1flO.H8 $3,542,353
Mercka; diee on hand July 31 (end of year) 1,032,864 986,987
Total receipts and merchandise Jilly 31........$4,132,932 $4,529,310
O p e ra t in g E x p e n se s, 7.7-;.
Purchases of raw mat rial....................... .......$1,506,564 $2 8 9 2 ,6 8 6 Merchandise on hand Aug. l(lieginning of year)
986,9,87
Mill cost of production....................................... 032.200 77 27 80 ,3,2 97 62
Allowances
and
discounts,
merchandise,
insnrrance, freight, cartage, storage and labor ... 200,596 140,556Sales
department
Traveling, adver 158J85 )
tising,
telegraph,expenses:
etc.,.......................................
New York office,.................................................... Xl-,822 ( 1 6 7 ,1 4 9
Tot. oper.exps. Amerch. Aug. 1 (begin, year)¥3,659,551 $4,699,059
Balance.............................................................sur.$4
3,428 def $169,719
O ther incom e—
Received
Irora
Reorganization
Committee...-....................
1 9 1 ,1 5 0
Sundry earnings,..................................... ............................
41,945Sinking fund oredit...... ....... ............................................
30,000
Total net Income and merekand. increase.. $-173,428
6,370
C h a rg e s a n d c o n s t r u c t io n e x p e n s e s —
Interest
on bonds............................................... . $177,300 $180,000
Paid sinking fund.... ....... ................................
30,000
improvements to mills nud new construction
54/212
02,505
. $239,865 $264,212
and extraordinary receipts................... ...sur $233,563 def.$167,836
O P E R A T IO N S O F T E A R U N K IN G J U L T
In c o m e -
STA TEM EN T OF CURRENT ASSETS AND LIABILITIES JULV 31.
A n e ts 1808,
1887.
L ia b il iti e s —
1898,
M eroll., sup., ®to...*l,2S!0, 43 tl.S23.S77 A c c o u n t s a n d b ills
A c t s .& b lb s r e e o i v . #89.076
799,368 , P a y a b le
............ f3 0 6 ,3 3 8
• 'a s h ..........................
3*0,02#
117,788 S u r p lu s o f c u r r e n t
S inking fu n d ....... ..
29,560
30,000
T o t a l ....................41,007,912 42,101,2*1 |
a s s e t s ....................... 1,601,674
1897.
$703,218
1.318,011
T o t a l ....................$1,067,912 $.'.101,224
The company’s capitalization is: Common stock, $12,0 0,000 ; consolidated mortgage bonds, $7,500,000 : first mort
gage bonds, $2,955,000, since August 1 reduced to $2,912,00}
by sinking fund.—V. 67, p. 484.
C a p ita l s to c k ............... ..3 6 .0 0 0 .0 0 0 3 6 ,0 0 0 .0 0 0 3 6 ,0 0 0 ,0 0 0 3 " ,0 0 0 .0 0 0
Special
.......off7,2n0,000
Surplus dividend
(loss written
dUr's-yr„-$10,Ol 3,7J7) •19,833,105 27,502,988 20,919,838 20,792 958
Nassau Electric Railroad.
Total 11Abilities
63,0.33,105 63,502,959 62,919,838 62,702,958
( Report fo r the year ending June 30,1808.)
* Kmbraccd in the following accounts: Loss on cars, sold or de The road was opened July 28,1895. Earnings for the fiscalstroyed. 856,838; depreciation of ears, $1,000,000; depredation of years
ending June 80 nave been :
r«rs.
etc., 8262,504;
doprcciation
In sundry
properties
■Association
*258,274:
for
franchises,
patents,
etc..
81,190,760;
Central
Transpor'
1807-98.
1896-97
tat ion settlement, $1,195,030; special dividend, $7,200,000-811 - #;ro6B earning##.............................................. $2,054,080
$1,760,562
164.350:
less
appreciation
In
values
of
securities
(81,150,019).
i
i
o
’Operating expenses....................................... 1,259,838
1,015,304
013,73 .—V. 67, p. 787, 789.
Net
earnings..............................................
$794,242
$715,198
Standard Rope & Twine Company,
Other Income................
63,610
64,712
( Report fo r the. fiscal year ending July 31, 189S.)
Net Income................................................ $857,852
$779,910
Pre«ident V, P. Travers say* in substance:
Interest on bonds............................................ $260,584
$207,301
72.000
Financial.—After charging off $150,000 to depreciation and raxes..........................................
33,000
Rentals............................................................
477.144
469,009
paying the interest on the first mortgage bonds, there still
remains a net balance of $233,563 to the credit of the year’s
Balance, surplua.................... ................. $47,824
$70,60a
O ctober 22. 1*98 J
THE CHRONICLE.
8 il
definitely off, and if so whether the plug tobacco proper
ties thus far acquired by the American interests will be
merged is a matter for conjecture. The new stock issues,
however, of the American Comp iny are commonly assumed
as incidental,to the recent purchase of plug tobacco factories.
Reduction of Prices —Not long ago the Liggett & Meyers
Co. reduced plug prices about Tl per cent. Tais week the
American Company has made a cut of 10 per c:nt under the
Ligget & Meyers schedule a n iis offering premiums to all
T o t . ] la b llltie s .$ 1 3 ,290.238 $12,279,487 salesmen of wholesale dealers, and is adopting other warlike
T o t a l a s s e t s . $18,290,263 $12,279,487
methods.—Y. 67, p. 787.
* R i g h ts t o u s e t h e t r a c k s o f K in g s C o u n ty E l e c t r ic R a ilw a y C o m p a n y , C o n e y
I s l a n d F o i t H a m il t o n A B r o o k ly n R a i lr o a d C o m p a n y a n d t h e U n io n R a ilr o a d
C o m p a n y o f B r o o k ly n , c o n s t r u c t i o n o f w h ic h is s e c u r e d b y d e p o s it o f s e c u r i
Atchison Topeka & Santa Fe Ry.—San Francisco & San
t i e s a g a in s t c o n s t r u c t i o n c o n t r a c t s . $2,000,000.— V. 67 p . 318.
Joaquin Valley Ry.—Purchase.—In a statement regarding
the San Francisco & San Joaquin Valley Road in the Chron
GEN ER AL I N V E S T M E N T N E W S .
i c l e of Sept. 24, we alluded to our understanding that the
stock of the company was being deposited in escrow prepara
Reorganizations, Etc.—Latest Data as to Defaults, Reor tory to transfer to the Atchison on Jan. 1, 1899. The com
ganization Plans, Payment o f Overdue Coupons,»Etc,—A1 pany now issues the following confirmatory announcement:
“ Chairman Walker is able to announce the substaitial
facts of this nature appearing since the publication of the last
completion of negotiations for the purchase of the San Fran
i s s u e s of the I n v e s t o r s ’ and the S t r e e t R a i l w a y S u p p l b
cisco & San Joaquin Valley RR. which will give the A rchim k n t s may be readily found by means of the following index.
This index does not include matter in t o - d a y ’s C h r o n i c l e son its long desired entrance into San Francisco. The stock
of the Valley Company has been deposited under an option
Full-face figures indicate Volume 67.
contract in an amount carrying complete control, and the
R ailroads & Mis. Co.’s.
R a il r o a d s a n d M is c . C o ’s —(<7o».)
V olu m es 66 a n d 6 7 —
Page i
V olum es 6 6 a n d 67—
Page- transaction is now in shape for ratification by the Atchisoi
A ppleton(W is.) TF ater.221, 4 2 6 , 4 8 '
Nashville Tell co A C harleston. .3 7 1 stockholders at the approaching annual meeting.
Atch.Col.A P a c .v a y .a n ace o f b o n d s 3 7 7
Nat. Linseed Oil........ reorQ.:5 3 0 . 6 3 t
“ The road thus acquired is completed aud in successful
A t. J e w . Co. AW .p a y .o n a c c .o f b o n d s .3 7 7
do
do
'2d su it J or recv.7 3 6
A ugusta Souther n ..................recrs. 5 2 8
Newark Som erset A Straitsville.
operation from Bikersfield to Stockton, 235-27 miles, where
Balt. A Ohio.ccrup0T!«.856,85W. 1043,
reorg id an.B 'iS it connects with river boats for San Francisco. Funds are
*27, 5 7 ?
do
deposits lim. to Nov. 1 .7 8 8
do
do
p iaa.l2 > 5 ( Newark (N. V.) w a te r W orka..sdle.27 3 in h ind for the construction of the road from Stockton to
do
do
reorQ. m atters.. 1088.1235. f New England Loan A Tr. . .reci'r.»<*tO
Feint Richmond on San Francisco Bay; this work is being
27, 221, 360
do
do
rear j. committee.7 S 9
6 3 2 .6 8 * .
New «‘rleans A W est, .rec'vrs.cert.3 *0 pushed forward as rapidly as possible and will be completed
do
do J.J.HUl in new c o .5 7 7 . «>32 N. V. Phila. A N orfolk................... 2 7 3
do
do
plan operative.2 7 A
Ohio Rlv. A C harleston.2 7 5 . 4 2 * . .>30 next year. It has been intended to build a short connecting
do
do
suit of pref. sto ck .t 7 * Ohio S o u th ern . ........ .......2 2 3 , 3 1 2
link between Bakersfield and the present line of the Atchison
do
do Balt. Belt bonds dep.31 8 Paducah Gas L ight, .default, r i?r.l»35
do
do
final Instalment.B S s Peoria Dec. A KvansTllle../orecZox.275 System at Mojave or some point in that vicinity, bat present
sals of pre.f. s ock
426
do
do
ini. paym't.H'*3 indications are that this construction will not be necessary,
do
tim e fo r deposits lim U edA S • Phil. Read. A N. E ______
told.7 3 7
as a trackage contract is in process of arrangement for the
do
reorg. of branch lines.HHS j do
do
assess, levied.7 8 9
do
position of B. Sc <>.68s:
P itts. Jn n c .................. reorQ. pian.08'»
use of the line now existing between those points. The Di
Balt. AO. So’w est...plan mat ured. 3 7 S ;
do
deposits lim. to Nov. 1 .7 8 8
Bath (Me.) Gas A K iec.assvj'im -ntA S l ; P itts.A W ... 2a mart. com. sellout.7S*» rectors are confident that this extension of the Atchison w-11
Bear Valley Irrigation Co. 1Red
Rich. Nich. Irv. A B eattysv .so'd.737 materially increase the earning power of the system. It will
lands, Cal.) - ..reory.369, I S 1 .7 8 8 I 8t. Louis Avoyelles A Southw est
Carolina C entral......plan effectiv*.7 ‘3 *• I
ern. 4 3 5 : reorganised company.6 3 2 afford to San Francisco and the San Joaquin Valley ar other
C eutralia A Chest.foreclosure prop. 7 3 5
Sand. Mans. A New...... reorg. plan.6 8 8
do
do suit fo r new ret A 8 8 1
do do
plan endmsed.7‘3 7 absolutely independent line of railroad to and from the East.”
Central Br., U. P....963, 1043, 1139, 7 c j
The Bakersfield & Los Angeles project seems little likely,
do do
drp'slim . to Afoul.7 8 8
Central O hio..su it filcd.427; rtoro.
St. Louis Kan. A So’w est.......sale.5 7 9
therefore, to be carried o at.
y la n .H S * ! St. L. Chic. A St. P ............receiver.7 ’3 7
do
derosits Urn. to Nov. 1 .7 8 8 S taten Island Rapid T ran sit......... 4 8 4
To Ratify Leases. Cons lid at ion with Branch Lines and
Cent. Pac. Govt, foreclosure s u it.. 3 l >
do
defaal* on 1st mart.Hit 1
Central Stam p’g Co.assignment.. .3 6 9
do
n o fn to hold, o f 1st fts.7 3 7 Purchase of San Joaquin Valley R ad.—The stockholders
C entral V erm ont__ inf. paym ent.1$7 < Tacoma Land Co.................... recur.2 7 3
will vote Dec. 8 on the following propositions :
do
do
plan. 7 3 1
do
do ....................rd ^ o.S fl |
G E N E R A L BALANCE
A s s e ts —
1893.
•
R o a d A e q u ip m ’t . . $9,801.229 $ 8 ,912,-00
S u p p l ie s ....................
2*,759
29,239
O p e n a c c o u n t s . . ..
6G.077
81,383
103,00.7
C a s h ............................
87,971
6,308
P r e p a i d i n s u r ’n c e
25,558
B e t te r m e n t s
1,086,089
l e a s e d lin e s
1,7*2,671
I n t e r e s t In p r o ^
j e c t e d l i n e s . ........*2,000,000 *2 ,0 0 0 ,0 0 0
S H E E T JU N E 3 0 .
L ia b ilitie s —
1898.
1897.
C a p ita l s t o c k ------ $3, 000,000 $6,o00,000
Funded debt
.. 4 .849,000 4,^49,000
L o a n s a n d b ills
756,115
p a r a b l e ................ 1, ,804.655
60,6 L2
50,012
I n te r e s t a c c ru e d .
W a g e s .s u p p l ’s.A c .
1*2,040
283,706
21,320
O pen a c c o u n ts —
9,589
T a re s a n d re n t
269,698
241,880
a ls a c c r u e d ..........
174,374
126,854
P r o f it & lo s s , s u r p .
1. To approve the sale and conveyance to this company o f th e railroad, prop
CeDt. Wa*hlngton.r«or<7. 856: plan. 953 T erre H a u te A Loganspor'...sale. 6 0 1
Ch.A Atcb.Bridge.n£u>*rciir.r«a'ii/.578 j Tradesm en’s Nat. u'k...ltq 'n .7 ’3 S , 8 0 2 erty, franchises, etc., of th e following-named companies (th e stock and bonds
Chi*'. Ft. Mad. A D«» Moines, rc v r.2 2 l ■ Union Dep. (St»ok. Falls. \V.)..nate.7 3 8 of which are owned by this company), viz.: K ansas Citv Top ka A W estern
Clncin. A Musk. Val.. successor co.2 2 2
Union Pacific RR .Jlrst dividend.H 33 RR.. Leavenw orth N orthern A Southern Ry., Southern K ansas Ry., New Mex
Citizens’ E lectric L. A P. Co. o f Ko
Union Pac. Lin. A CoUoW to U. P .4 3 5 ico A Southern Pacific RR.. New Mexican RR., Rio G rande Mexico A Pacific
RR.. Silver Citv Deralng A Pacific RR., W ichita A W estern Ry., St. Joseph St.
komo. Ind ........ r,cr. applied fo r .3 7 0
Un. Pac. Den. A G u lf.4 3 5 . 5 7 0 . 6 0 1
Cleve. A kron A Col........ iudum ent.73 5
do
do
clan.7 3 6 , 7 4 S Louis A S anta Fe Ry.
2. To approve of leases to th is company of th e railroads, property, fra n
do
do
?Zan.736. 7 -8
W estinghouse Elec. A Mfg.eontrol
Col. A Cin. M idland__ reorg. plan.0 8 8
of Walker Co. purchased.6 3 5 chises, etc., of th e following companies (th e stock and bonds of which are
owned by this company), viz.: Chicago Santa Fe A California Ry., Denver A
do
deposits lim. to Nov. 1 .7 8 8 W est Troy W ater ................ r<rci*r.276
Col. Hock. V. A To\.furthcr advance
, Wheel. A L. E— plan.1142: fo recl.l2H Santa Fe Ry.. Pueblo A A rkansas Valley RR., and to ra tify th e lease of the
portion, commonly called th e “ Mojave Division.” of the Southern Pacific R R .
nf v p.c. forint.o consol.bt der>t.l.4$2
do 3d inst. of assess. 1239. 1 7 o,
a connection with the railroad of th e Santa Fe Pacific RR. at “th e Needles
Col. San.AHock.r«>r0 plans. 1 7 W. 2 2 2 I
3 2 4 , 5 7 9 from
to Mojave, Cal.
Council Bluffs G oa A Elec. L..forecl.3'2H Wheel. A L. E............. 2 7 6 . 48*». 5 4 u
3. To approve the sale and conveyance to th is company or of leases to this
Dallas (Tex.) Elec.»vcr.applied V r.3 7 O W hitebreast F u e l ................ fared.6<»1
company of the railroad property, franchises, etc., of th e following named
Denv. Leadv. AGun'somjufc. i 1 *♦. S 3 i I
do
do
rtceiver.7
do
do
plan.7 3 0 , 7 AS ’ W isconsin C entral C o .2 7 6 , 5 4 0 , 6 4 7 companies (the stock and bonds «>f which are owned b y this company), v iz .:
Chicago Kansas A W estern RR.. K ansas City Emporia A S outhern Ry., Florence
Detr. A Lim a Nor .ricvrs. .3 2 ft. HSO
S
t
r
e
e
t
R
a
il
w
a
y
s
.
El Dorado A W alnut Valley RR.. Marlon A M cPherson Ry. aud W ichita A
Det. Mac. A Mar... Ant. payment.7 3 6
V o lu m es 6 6 a n d 6 7 —
Page. South W estern Ry.
East. ill. Coal, paym 't of coupon.8.482
4. To vote upon th e approval of the purchase by this company of stock (or
Edison Elec. 111. of Brooklyn, .con
Brooklyn E levated..............
4"26
stock
tru st certificates) representing th e control of th e San Francisco A San
sol. 4 S 2 , 6 3 3 . 6M>. 7 3 6
Buff. Kenm.A Ton. Klec.soZd.427. 5 2 0
Joaquin Valley Ry. Co.
Federal S te e l..consoCn.'t.iO. -178.
C rescent City R R ................... pla• .7 3 6
6 3 3 . 0 8 9 . » 3 6 F o u rth S treet A A rsenal Street Ry.
Official Circular.—An official circular explains the above
G alveston A Gulf S hore... sola.3 7 S
(St. Louis!............................. soul.6 3 4
Galv. L a P . A H o u s..resold.3 2 9 . 7 <6 F u lto n W all A Cort. St. Fer R R ..4 2 8
propositions in substance as follows :
H udson Tunnel R y.............2 2 2 , 2 7 i
do
do new co. incorporated.4 8 8
F ir s t—T h e A c h ia o n C o m p a n y o w n s th e s to c k a u d b o n d s of e a c h of
Indiana A L*be Mich, sale N or.i .7 8 8
M et.W .S. El. RR (Cht.).pZan mod.7 8 9
N ew burynort (Mass.) A Ames
Jam estow n A L. E rie ../ reel * u v . 3 ? l
s a id c o m p a n ie s , th e s a m e b e in g p le d g e d u n d e r th e g e n e r a l m o rtg a g e .
bury UR
......................rcc^iivr.OOO I t is p ro p o s e d to m a k e a b s o lu te c o n v e y a n c e s o f th e p r o p e r ti e s o f th e s e
Jasp e r Town A Lands, .revr.4*28- « 3 t
K earney A Black H ills........ ’2 2 2 . 3 7 2
New Orleans Traction..pJa-.6 0 0 , 7 3 6 c o m p a n ie s to th e A tc h is o n C o m p a n y so a s to c o n s ti tu te th e
Kans/ts Loan A Tr. Co.......rtc m .- l3 0
New Orleans City a Lake...... plan.7 3 6
K entucky A Ind. B ridge.coupoiu.03 1 New York A queens Co., default.7 3 7 1 g e n e ra l m o rtg a g e a d ir e c t first lie n th e re o n , a n d to s a v e u n n e c e s
Klnafleld A Dead l U v e r .i o ld .2 2 2 . 3 7 l
Nyack (N. Y.) T rac tio n ..reor-.an'd.7 8 0 s a r y e x p e n s e In o p e r a tio n . S u c h c o n v e y a n c e w ill nob In v o lv e a n y i n
Kingston A Pem broke............plan. 2 7 -l
People’s Ry. (St. Louis, M o.)..sa/*.780 c re a s e d o b lig a tio n s .
Litchfield C arrollton A W este rn .4*28 Petersburg Elec. Ry................ sale. I '33
S e co n d —T h e s to c k a n d b o n d s o f th e s e c o m p a n ie s a r e a lso o w n e d ,
R ockford T ractio n ................ fared.7 3 7
do
do
sale.7 3 6
b u t c o n s o lid a tio n n o t b e in g Im m e d ia te ly p r a c tic a b le , in v ie w o f lo c a l
Little Rock H o t Springs A T exas.3*20 Saginaw (Micb.) Cons St. Ry....... 4 3 5
Los Angeles City (Cal )w a te r .re rr.6 3 i Union St. Ry. (Saginaw, Mien.).. .4 3 5 s ta t u te s , e tc ., i t is p ro p o s e d to a c c o m p lis h s u b s ta n tia lly tb e s a m e r e
s u lt by lo n g -tim e le a se s. I t i t p ro p o s e d a lso to r a t i f y tb e le a s e o f th e
Lowell (Mich.) W at. A L ight.fared. «7 1 Lakeside Ry.. Mahanoy City......... 3 7 1
Madison Sq. G arden.. ..coup. pav’(.69U T erre H a u te Elec. R y..................... 5 9 7 M o jav e D iv is io n , w h ic h h a s b e e n e x e c u te d a s s ta t e d in th e l a s t a n n u a l
r e p o r t. T his le a s e lia s b e e n a s s ig n e d to th e S a n ta F e P a c ific R R . C o.,
American Tobacco.—Continental Tobacco.—(2,065,000 a n d ilie M o jav e D iv is io n is n o w o p e r a te d a s p a r t o f th e S a n ta F e
New Preferred Stock.—The American Tobacco Co. has applied P a c ific R R .
To v o te u p o n th e a p p r o v a l o f a r r a n g e m e n ts o f s im ila r c h a r
to the New York Stock Exchange to list $2,065,000 additional a cTt ehrirwd —
ith r e s p e c t to c e r ta in o th e r lin e s e m b ra c e d in tb e A tc b iso n S y s
preferred stock, thus raising the outstanding issue of pre te m , b y s a le o r b y le a s e , a s m a y b e fo u n d m o s t e x p e d ie n t.
ferred shares to the total amount authorized,yiz., $14,000,000.
Regarding tbe proposition to purchase control of the San
The sale on Tuesday of 18,500 shares of the preferred stock Francisco & San Joaquin Valley Ry., tbe circular says in
at 115 “seller 30” is believed to be connected with the trans part:
fer of this new stock and to be for the purpose of making “a
h a s e w ill g iv e u s o o n tro l o f a r a ilr o a d n o w in o p e ra tio n
public record of the price at which it is transferred from the froTmh is Sptou rc
c k to n , C al., s o u th to B a k e rs fie ld , 23 5 m ile s ; a lso a lo o p lin e
company to certain insiders.” Last June the Stock Exchange fro m F re s n o , th ro u g h V is a lia a n d T u la re , to C o rc o ra n J u n c tio n , of
n o w in o p e r a tio n a n d 25 m iles u n d e r c o n s tr u c tio n
listed also $3,100,000 additional common stock, making the w h ic h 4a4r lym cileo ms apre
le te d , m a k in g a t o t a l m ile a g e b e tw e e n S to c k to n a n d
total common shares listed $21,000,000, or the total amount aBnadk enrse fie
ld o f 3 0 4 m ile s, in a d d itio n to sid e t r a c k s 41 m ile s in le n g th .
authorized. This $3,100,000 was “for the purpose of extend A lso 14 e n g in e s, 12 p a s s e n g e r a n d c o m b in a tio n c o a c h e s, 5 1 6 f r e ig h t
ing the company’s business and procuring additional work o a rs a n d 8 o th e r c a rs. T h e p r e s e n t c o n n e c tio n o f th is lin e w ith th e
c ity o f 8 a n F r a n c is c o is b y w a te r fro m S to c k to n A n e x te n s io n of
ing capital.”
a b o u t 80 m ile s Is u n d e r c o n s tr u c tio n fro m S to c k to n to P o in t R ic h m o n d
Plug Tobacco.—Apparently the proposed consolidation has o n th e n o r th e a s t s id e o f S a n F r a n c is c o B .ty. The C h ief E n g in e e r of
fallen through. The Louisville manufacturers, Finzer Bros, th e A tc h iso n S y ste m s a y s :
“ T h e c o n s tr u c te d lin e o f ro a d b e tw e e n B a k e rs fie ld a n d S to c k to n is
and Weissinger Tobacco Co., it is said, have been notified
e x o -lle n t c o n d itio n . T h e g ra d e s a re a b o u t 16 f e e t to th e m ile , a u d
that their plants will not be wanted. Last week, as we were in
th e a lig n m e n t is e x c e p tio n a lly good. T h e ro a d b e d a n d e m b a n k m e n ts
informed, preliminaries for the consolidation were still pend a re 16 fe e t w id e . T b e tr a c k is la id w ith s te e l r a ils w e ig h in g t>2V2 lbs.
to th e y a rd ; 3 ,0 0 0 re d w o o d tie s to th e m ile; S o rv is tie - p la te s on e v e r y
ing. Indeed, the belief was expressed in Wall Street early tie
h e s ta t io n b u ild in g s a re c o m m o d io u s a n d a t t r a c t i v e . T h e te r m
in the present week that the P. Lorillard Co. was likely to in a. l gTro
u n d s a t a ll th e im p o r ta n t p o in ts a r e a m p le f o r a n y b u s in e s s .”
he purchased, Mr. Lorillard to receive 60,0 0 shares pre T h e lin e h a s b e e n f a v o r a b ly r e g a r d e d b y c itiz e n s a lo n g th e lin e ,
ferred and the same common stock, $6,000,000 par value. w h e re It h a s b e e n a id e d b y lib e r a l d o n a tio n s fr o m in d iv id u a ls a n d
m u n itie s , e s p e c ia lly of la n d s f o r r ig h t o f w a y a n d s ta t io n p u r
Whether, as a matter of fact, the consolidation as first pc oo m
se s, e s tim a te d a s w o rth a p p r o x im a te ly $ 5 0 0 ,0 0 0 . F u n d s fo r b e g in planned under the title of the ContineutalTobacco Company is - i n g th e w o rk w e re o b ta in e d b y th e s a le o f s to c k to th e a m o u n t of
SI2
THE CHRONICLE.
rL l7 4 » S 0 O lhn»uK h p u b lic »ub*orti»tloiia p:»Ll f o r u t p u r . TUo roitm iO Je r o f tb c aiilU orU tM c a p ita l o f $t3,0 0 0 ,COO la unl«wu©<l. Subaerttirn tly $t>,uo0,0OO 5 p e r e e u t b o n d * w o re ao h l lo ti »ynd1<?«to on
fa v o rn o to i« ra i* , m e m o n e y r o a tu e d b e lu c a d v a n c e d fro m tim e to lim e
r e q u ire d fo r e o n a tn io U o n p u rp o se * , ^ . 0 7 1 ,0 0 0 h a v in g b e e n Issu e d
is* to Jun> TO. ISO k . T h e m o n e y s p ro v id e d a r e b e lie v e d to b e s u lllo le n t
t«. coujpSetc* th e VlAalla lo o p a n d a lso th e lin e fro m Bt ’OktOli to P o in t
R ich m o o d , in c lu d in g th e a c q u i« iito n o f juiffioieni t» rm in a l p ro p e r ty a t
th e U t t e r p » tn t a n d th e c o tird ru c tio n o f a o u s a e n g o r fe rr y b o a t, a tu g
a n d tw o U*rge» fo r th e s e rv ic e a c ro s s th e b a y to th e c ity o f B an F r a n ohoo , to c o t h r r w ith a re a s o n a b le m a rg in fo r c o titin g e n e lo s.
T h e b o o k s h a v e b e e n th o ro u g h ly e x a m in e d by in d e p e n d e n t a u d ito rs ,
w h o se rejH irt show * th a t a ll re c e ip ts fro m s to c k s u b s c rip tio n s a n d s a le
o f t« m d s h a v e b een h o iis s tly a n d J u d ic io u s ly e x p e n d e d .
T h e ro a d , in Its u n fin ish e d c o n d itio n , w ith no c o n n e c tio n s o u th of
B a k e rs fie ld . a n d w ith o u t a c c e s s to B an e ra n c la o o e x c e p t by th e uso of
bo jo s fro m S to c k to n , h a s e a r n e d m o re th a n its o p e r a tin g e x p e u a e a a n d
ta x e s , v ! , fo r th e j e a r e n d in g J u n e 3 o , 18 0 8 . g ro s s $ 1 1 1 ,0 7 0 ; n e t
o v e r o p e r a tin g e x p e n s e s a m i ta x e s . $ 1 0 0 ,1 2 6 .] l t a e a r n in g s w ill b e
la rg e ly In c re a s e d w h e n c o m p le te d to S a n F r a n o u o o a n d In r e c e ip t o f
th e th ro u g h b u s in e s s o f th e A tc h iso n S y s te m .
T h e tr.kttt.- f th e A tc h iso n S y tu eiu to a n d fro m p o in ts in C a lifo rn ia
n o rth of M o jav e affo rd s u n i m p o r t a n t p a r t o f i t s r e v e n u e , h a v in g re »*alte«l duriiik’ th e fiscal y e a r e n d in g J u n e 3 0 , 18 9 3 , in g ro s s r e c e ip ts
e x c e e d in g 3 1 .5 0 0 ,0 0 0 . T h is b u s in e s s s h o u ld in c re a s e in f u t re w ith
th e in c re a s e o f b u s in e s s in N o rth e rn C a lifo rn ia a n d th e d e v e lo p m e n t
o f r ru n s -P a c ific c o m m e rc e th r o u g h S a n F r a n s o is c o . a n d its v o lu m e
w ill u n d o u b te d ly b e m a te r ia lly p ro m o te d b y a n in d e p e n d e n t lin e to
isco th ro u g h th e f e r ti le a n d h ig h ly c u ltiv a te d Sun J o a q u in
V a lle y . O u r N o rth e rn C a lifo rn ia tra ffic h a s h e r e to f o r e b e e n in te r*
e h a n god w ith th e S o u th e rn P a c ilio a t M o jav e . S in c e th e A tc h is o n fo re
c lo su re no p e r m a n e n t a r r a n g e m e n ts h a v e b e e n c o n s u m m a te d fo r th e
e< n tin u a n c e ol th is in te r c h a n g e o f tra ffic , a n d th e a d o p tio n o f m e a s
u re s w h e re b y th is b u s in e s s m ay be p r e s e r v e d to th e A tc h is o n S y s te m
is a n e c e s s a ry r e q u ir e m e n t o f th e s itu a tio n
If it s h a ll b e fo u n d n e c e s s a ry to c o n s tr u c t a c o n n e c tin g l i n k b e tw e e n
B ak e rsfie ld a n d th e A tc h iso n S y s te m in C a lifo rn ia , m e a n s c a n b e p ro nds re se rv e d fo r e x te n s io n
p u rp o s e s , o r b y a n is s u e o f b o n d s udou th e n e w lin e ; b u t i t Is th e e x
p e c ta tio n th a t su ch c o n s tr u c tio n w ill n o t b e r e q u ire d , a s tr a c k a g e
r ig h ts o v e r ih e e x is tin g lin e 'b e tw e e n B ak e rsfie ld a n d M o jav e, 68 m ile s,
c a n be o b ta in e d , a n d n e g o tia tio n s to t h a t e n d a re n o w in p ro g r e s s .
Y o u r d ire c to rs th e re fo re s tro n g ly re c o m m e n d th e p u r c h a s e o f th e
o u ts ta n d in g s to e k o f th e S a n F r a n c is c o & S a n J o a q u i n V alley R a ilw a y
a t p a r, w hich r e p r e s e n ts th e p re c is e c o s t th e re o f to th e p r e s e n t h o ld e rs ,
w ith o u t In te re s t, A rra n g e m e n ts h a v e b e e n m a d e in s u r in g th e d e liv
e ry th e re o f in a n a m o u n t c a r r y in g c o m p le te c o n tr o l o f th e p ro p e rty -.
T h e a s s e ts o f th e A tc h is o n C o m p a n y a r e s u ffic ie n t to p r o v id e t h e f u n d s
re q u ire d fo r th is p u rp o s e , a n d its re s o u rc e s a r e a m p le to c a r r y th e
p la n to c o m p le tio n w ith o u t a ffe c tin g th e p a y m e n t o f i n t e r e s t o r d iv i
den d s-—V. 6 7 , p. 6 3 8 , 635.
Baltimore A Annapolis Short Line RR.—New Bonds.—
The stockholders ifill meet at the office of Alex. Brown &
Sons, Baltimore, Md., on Nov 3, 1898, to consider the ques
tion of issuing bonds to pay off the floating debt.
Brad dock ( Pa.) Electric Ry.—Receivers.—A. L. Sailor and
William M. Brown have been made receivers of the property.
The road is not in operation and has paid no interest since
November, 1897, on its bonded debt of $40,000.
Brooklyn Wharf & Warelionse. —Charges Reduced.—The
company has written a letter to the grain committee of the
New York Produce Exchange agreeing to lighter its “ grain
on the same terms and conditions as the railroad companies
now lighter theirs, on condition that the equilization charge
on me railroad grain is abolished.’' A premium of y cent
per bushel has been charged on grain stored in railroad ele
vators because such grain is entitled to free lighterage to
ocean steamships. This arbitrary charge was abandoned re
cently by the grain committee The object is to reduce the
port charges, go that New York may secure a larger propor
tion of the grain bound for shipment abroad, V. 9(5, p, 435.
Carolina Central RR.— Readjustment Notice.—More than
four fifths of all the bondholders having assented to the
agreement for readjustment of the debt, the plan, as al
ready stated in this column, has been declared effective.
Bondholders who have not deposited their bo ds or signed
the agreement are requested to do so by November first,
after which date bonds can only be received subject to such
conditions as the committee may fix.—V. 07, p. 735.
Central Transportation Co.—Distribution.—The share
holders are now receiving their $38 per share from assets and
a* a final distribution, it is thought, will get about 50 cents
per share more. - V. 07, p. 170.
Central Vermont RR.—Central Vermont Ry.—Bill to Inc-nprirnh RvorynnUrA Company.—Bills were introduced in
the Hons’e and Senate at Burlington, Vt., this week, to incor
porate the Central Vermont Railway Co, The new company
will be organized tinder the terms of the modified plan of reorgnrdza’ion which wag cited in V. 67. p. 785. It will issue
$-1,000,000 of capital stock, and it to embrace the Central Ver
mont. MissPqacb Valley, Burlington & Lamoille Valley Rail
wavs, sod leases of the New Loudon Northern and Montreal
& Vermont Junction railways. The incorporators are:
(■ V S m ith , p . D , U iiilB tt. C h a rle s v . (la y s , C h a r le s P e rc y . W , SowsrdX V ebb, 3 . O M cC u llo u g h . E a rn II. B a k e r e n d S a m u e l K lln e r .—V.
[You LXYH,
Chicago Burlington A Quincy RR.—New Chairman.—The
directors this week elected John'L Gardner Chairman of the
board in place of the late John M, Forbes, and J. Malcolm
Forbes was also elected a director!—V. 67, p. 786.
Chicago & West Michigan Ry.—Coupons.—The directors
have voted to pay holders of coupons due Nov. 1, 1898, of
Chicago & North Michigan RR. Co. on each $25 coupon, $30
in cash and $5 in 10 year coupon scrip of same form, and on
same basis, as that heretofore issued.—V. 06, p. 1089.
Colfax Eleclrie Ry. Co., Denver, Col.—Foreclosure.—Geo.
E. Ross Lewin, trustee for the bondholders, has brought suit
to foreclose the $150,000 mortgage of 1891. No interest
has been paid since 1891.
Colorado Valley RR.—Receiver.—George G Moore, Chief
Engineer for the road, is quoted as saying that Mr. Sloan of
the banking firm of Trammell & Co., Sweetwater, lias been
made receiver of the Colorado Valley Railway and intends to
build the road on to San Angelo. An extension is also pro
posed via Wichita Falls to the northwest to connect with the
Atchis-m Topeka & Santa Fe or the Rock Island at Sugden,
I. T.—V. 65. p. 1219.
Columbus Sandusky A Hocking RR.—New Committee.—
John G. Carlisle and Joseph F. Randolph of New York and
Charles S. Hinchman of Philadelphia have been appointed a
committee to represent bonds deposited with the North
American Trust Co. The committee will issue its formal
statement and bondholders’ agreement within the next few
days.—V. 67, p. 223.
Dallas Terminal Ry. A Union Depot.—$800,000 New
Bonds.—We are officially informed that it is the purpose of
the company to cancel by Jan. 1,1890, the $80,00 ( bonds
bearing 6 per cent now outstanding and to issue $800,000 5 per
cent 3-"-year gold bonds, to cover the 31 miles of road to be
built between Dallas and Fort Worth in addition to the pres
ent terminal property in Dallas. W. C. Connor is the com
pany’s President.
Denison A Northern Ry. - Ordered Sold.—United States
Judge Townsend, sitting in chambers at Ardmore, I. T., Sept.
29. ordered that the assets of this partially-constructed road
be sold by Special Master W. F. Bowman.—V. 63, p. 357.
Denver Lendville A Gunnison Ry.—Union Pacific Ry.—
Union Pacific Denver A Gulf Ry.—Sale Ratified—The
holders of the Denver Leadville & Gunnison (Union Pacific)
A y per cent bonds on Tuesday voted to ratify the agree
ment (V. 67. p. 736), providing for the sale of the property to
the Union Pacific Denver & Gulf reorganization committee.
Under the terms of the plan each $1,000 bond is to receive
$850 in new Gulf first four per cents, $200 in new first pre
ferred Gulf stock and $160 in second preferred.
Sale Nov. IS.—Preparatory to making the above transfer
the road is advertised to be sold under foreclosure at West
Denver, Col., on Nov. 18.—Y. 67, p. 736, 748, 790, 802.
Edison Electric Illuminating Co, of Brooklyn.—$2,000,000 Consols Sold.—The $2,000,000 first consolidated mortgage
4 per cents offered last week a t 98)4 were over-subscribed. A
description of the loan was in th e C hronicle of Sept. 3, p.
482. The union of the Edison Company and the Kings County
Electric Light & Power Co. lias now been perfected, only
about sixty shares of the Edison Company remaining unexchanged. The interest charges of the Edison Company, in
cluding the consolidated mortgage bonds now issued, will be
$155,000 per annum. The net income for the calendar year
1897 of the Edison and Municipal companies applicable to
•barges was $487,000.
Bonds Colled.—The Edison Company’s existing first mort
gage of $1,500,000, in accordance with the terms of the deed
of trust, has been formally called for redemption on Oct. 1,
1900, at 110 and interest. The consolidated mortgage will
then be a first lien upon all the properties df the company
now owned or hereafter to be acquired.—V, 67, p 736.
Federal Steel.—On Unlisted Department. -The common
and preferred shares were placed this week on the unlisted
department of the New York Stock Exchange.—V. 67, p. 788.
Great Northern Ry.—No Action as to Stock.—At the
annual meeting this week the proposition to increase the
company's capital stock to $75,000,000 to absorb the Mani
toba road was discussed but not acted upon.—V. 67, p. 785,
788, 790.
Lake Erie A Western Ity.—Regular Dividend Declared.—
Earnings,—Vice- President and General Manager Bradbury,
in connection with the declaration of the regular dividend,
said : “ When the sale of the c mpany’s second mortgage
bonds was completed last summer to liquidate bills payable
and complete the purchase of certain securities, the entire
floating debt of the company was funded. The balance-sheet
of August 1 shows no floating debt whatever, and $339,000
cash on hand. The earnings and expenses (the latter partly
estimated! for the nine months ending Sept 30, 1898, were :
Gross.
Xtft,
C harges.
D iv id e n d s.
S u r p lu s
Chicago Burlington A Quincy RR. -Bonds ^Converted
into Stock.— The company informs us that of the convertible
bonds issued in 1890 and 1892, and aggregating 815,203,900,
there have been converted into stock since the end of the
late fi-i-iU rear $923,300, viz : First series. §481.800: second
series. $411,500. This is the first year that any of these
bonds have been converted, the stock having at hist reached
$ 5 5 7 ,2 6 7
a jxatit where the exchange is considered advantageous. $ 2 ,5 6 2 ,4 8 3 $ 1 ,0 8 2 ,7 8 0
O V o i $ 1 4 4 ,0 0 0
$ 3 1 ,5 1 9
Hie conversion may be made at par at any time prior to —‘V. 07, p. 788.
Dec. i. 1002, except when the books arc closed. The terms
Purchase of Pittsburg dr. Western .?*».—It is understood
of conversion were in the Isvestors’ S dvpijbmbxt of Oct., that the purchase last, week of Pittsburg & Western second
1896, page 5. The capital stock has b-en increased by the mortgage bonds by Messrs. Simon Borg & Co. was in the
conversions to $82,926,100.—V. 67, p. 786,
interest of Lake Erie & Western.—V, 67, p. 788.
October 22, 1898.J
THE CHRONICLE.
New Haven (Conn.) Street By.—Fair Haven & Westville
RR.—Change of Control —Roads to Unite.—The stockholders
of the Fair Haven & Westville RR., one of the oldest street
railway companies in the State, will vote Oct. 31 on a proposi
tion to acquire control of the New Haven Street Ry.Co. The
latter was organized in 1893, and by acquiring various small
roads and building numerous extensions,has established an im
portant system of street railways, embracing about 35 miles
of track and reaching Fair Haven, Westville, Morris Cove,
Light House Point Cosy Beach, Lake Saltonstall, Mt. Car
mel, etc. Its capital stock of $1,000,000 has paid
per cent
yearly for several years past. The terms of consolidation
or purchase are not announced, but the intention is to merge
the two properties under the control of the present managers
of the New Haven Street Ry. This merger leaves the Win
chester RR. Co., owning 22 miles of track, the only street
railway company in the city not controlled by these interests.
—V. 67, p. 320; V. 64, p. 134.
843
St. Louis Peoria & Northern Ry.—Chicago Terminal &
Transfer.—Extension.—New Tenant.—Arrangements, it is
stated, have been made for the extension of the St. Louis
Peoria & Northern by the construction of several import
ant branches, including one to Chicago, where, as we learn
in this city, terminal facilities have been secured from the
Chicago Terminal Transfer RR. Co. The St. Louis Peoria &
Northern is now in operation from St. Louis to Peoria, 111.,
164 miles. It is proposed to build a line from New Holland
on the main line to Chicago, a distance of 140 miles, and to
extend the road on the north from its present terminus at
Peoria to Clinton, Iowa, 100 miles. Other branches contem
plated will hring the total mileage of the system up to about
520 miles.—V. 66, p. 1002, 1188.
Santa Cruz (Cal.) Water Co.—Foreclosure.—A press des
patch from San Francisco, Oct. 15, says that the Holland
Trust Co. of New York has brought suit, in the United
States Circuit Court against the City Water Co. of Santa
New York Air Brake. — N w Directors. — Important Cruz and the City of Santa Cruz to foreclose a mortgage on
changes in the board occurred this week, when new direct all property of rhe Water Company and for an injunction
ors were elected, making the present incumbents as fol restraining both defendants from handling said property.
The amount involved is $103,000 with interest. The city
lows ;
bought the works Jan. 1, 1891.
H on. R. P. Flow er; A nthony Brady, J a y C. Young. Thos. C. P urdy, George B.
M assey; President. C-A . Starbuck; V ice-Prest., Daniel M agone; 8ecy. and
Treas., Jonn C\ Tnorapson; A sst. Treas., H . A. Rogers.
.Southern Railway.—Additional Directors.—A t the fifth
annual meeting this week the board was increased from nine
Messrs. Brady and Flowrer were connected with the to eleven members, the two additional directors being Messrs.
Walker Company, which was recently sold to the Westing- Adrian Iselin, Jr., of A. Iselin & Co , and James T. Wood
house Electric & Manufacturing Co., and the inclination is ward, President of the Hanover National Bank.—V. 67, p. 427.
to see in the present election indications of a closer relation
with the Westinghouse Air-Brake Co.
Southern States Lumber Co.—Sontliern States Land &
Timber Co. Ltd.—New Company Formed.—The Southern
New York ventral & Hudson River RR.—Quarterly.— States Lumber Co. has been organized to succeed to the
property of the Southern States Land & Timber Co., sold
Earnings for [the quarter ending September 30 were:
under foreclosure. The capitalization of the new company
3 m o. e n d .
G ross
N et
F ixe d
Sept. 30. E a r n in g s . E a r n in g s .
C harges.
D iv id e n d s.
B a la n c e . is $706,1100 stock and $685,000 bonds.
The latter are secured
1 8 9 8 ....... $ 1 1 ,3 9 4 ,3 9 7 $ 5 ,4 6 7 ,1 8 2 $ 3 ,9 1 3 ,5 7 5 (1 % )$ 1 ,0 0 0 ,OOO $ 5 5 3 ,nO 7 by one mortgage, Knickerbocker Trust Co., trustee, but
1 8 9 7 ........ 1 2 .2 7 8 ,9 4 8 4 ,8 9 1 ,3 3 6 3 ,1 9 0 ,2 9 4 (1%) 1 ,0 0 0 ,0 0 0 7 0 1 ,0 4 2
$514,000 of the bonds have preference as to interest and are
—V . 67 , p . 73 7 .
six per cents : the remaining $171,600 bonds are sevens. All
Ohio Southern Ry.—Sold—The property was purchased at the old bondholders have assented to the reorganization and
the foreclosure sale on Oct. 15 for $2,000,000, the upset price, will get in addition to the securities allotted under the plan
by Judge Jndson Harmon, representing {the first mortgage all the interest in arrears on their bonds, the surplus earnings
bondholders’ committee, William A. Read, of Vermilye & in tbehands of the receiver being sufficient for that purpose.
Co., Chairman. No other bid was received. No plan of re —V. 65, p. 1072.
organization will be issued at present.—V. 67, p. 372.
Southwest Missouri Electric Ry.—Sale o f Control.—The
Omaha Striet Ry.—Redemption o f Bonds.—Notice is given locsl interests at Carthage, Mo., have sold their holdings in
the
company’s stock to Eastern capitalists, who have elected
that all of the 6 per cent bonds of 1886 will be redeemed
Jan. 1, 1899, at the offices of Estabrook & Co., Boston and the directors named below. The new Bailey branch into Ga
lena is to be finished without delay.
New York.
A. H. Ropers, President. Joplin; E. Z. W allower, K. G. Neisley. H . L. H e r-,
Pittsburg & Western Ry.—Annual Statement.—The re shey. E. S. Hermiiln. E. C. Felton, Jo h n E Fox, \V. J . Caider. H a m b u rg , Pa
port for the year ending June 30, 1898, as presented at Felton Bent, Philadelphia, J . F. H arrison, W. W. Calhou C arthage. Mo.
See Webb City in the S treet R ailw ay S upplem ent . —V.
the annual meeting this week, showed the largest gross
earnings in the history of the roai. The results compare as 63, p. 407.
follows:
Streator (111.) Ry.—Sold.—This property was sold under
1B98. $2,768,507
1897. $3,091,302
1896. $2,867,892
1895.
foreclosure on Oct. 7 for $14,000 to C. S. Barrjof Streator, the
Gross earnings......... $3,221,406
Net earnings............. 969,415 953,084 98 L,223 916,663 principal bondholder.—V. 63, p. 970.
Sale o f Bonds.—It is understood in well-informed circles
Syracuse Rapid Transit.—Loan Enjoined.—The company
that the purchase of second mortgage bonds mentioned last has been enjoined from borrowing $200,0<0 through certain
week was made by Lake Erie & Western interests and forms of its directors and paying therefor the proposed bonus in
part of a plan not yet ready for public announcement. —V. stock and cash.—V. 67, p. 738.
67, p. 789.
Terre Hante & Loeransport R.R.—Foreclosure Sale Ad
Richmond & P etersburg RR.—P etersburg RR.—Atlantic journed.—The foreclosure sale of the Terre Haute & LogansCoast Line RR. Co. of Virginia.—Meeting Nuv. SI to vote on port under the extension mortgage, which was set for
Comolidatitm—The stockholders of the Petersburg and the October 20, has been adjourned for thirty days.—V. 67, p. 691.
Richmond & Petersburg RR. companies will vote Nov. 21
upon the proposition to consolidate the properties under the
Toledo St. Louis & Kansas City RR.—Hearing on Appeal
corporate name of the Atlantic Coast Line RR. Co. of Vir Postponed.— The hearing on the appeal from the decree of
ginia. A meeting for the same purpose was set for July 19, foreclosure, which was to have been argued this month, has
but adjourned without action.—Y, 67, p. 178.
been postponed until tbe December term of the Court, there
not being the requisite number of judges present at the Oct
Richmond Petersburg & C arolina RR.—Construction.— ober term.—V. 66, p. 1003.
Vice President and General-Manager J. S. Negley writes us
Union Pacific Denver & Gulf Ry.— Foreclosure.Sale Nov.
as follows : “ The first division south of Petersburg, Va.,
has been fully completed and will be operated at once. The 19.—The foreclosure sale is set for Nov. 19 at Pneblo. No
bid
will be accepted for the property embraced in the first
work north and south of this division is now being placed
under contract and will be speedily completed. Twenty (20) mortgage of the Denver Texas & Gulf Ry. less than $!,miles north of Ridgeway, N. C., has been graded, and the 50 i.O'iO; for the property embraced in the first mortgage of
piers in the Roanoke River erected and in readiness for the the Denver Texas & Ft. Worth RR. less than $2,500,000; nor
superstructure. The entire line will now be completed with for the remaining property embraced in the cor solidated mort
out further delay.” The road, which is supposed to be in gage of the Union Pacific Denver & Gulf Ry. Co. less than
tended as a northern extension of the Seaboard & Roanoke, $5,250,000. For the property embraced in the consolidated
is projected from Ridgeway, N. C., via Petersburg to Rich mortgage, when offered for sale as an entirety, no bid will
be received less than tbe sum of $9,000,000, Vol. 67, p.
mond, Va., about 106 miles.
738. 748.
Rutland RR.—Delaware & Hudson Canal Co.—Sale of
Wilmington & Northern RR.—Rending Co.—Sold.—A
Stock.—The Delaware & Hudson Canal Co. has sold its hold controlling interest in the Wilmington & Northern has been
ings of the securities of the Rutland RR. Co. to Mr. P. W. acquired by or in the interest of the Philadelphia & Reading
Clement, the President of the latter company.
Ry. The W. & N ,, with its branches, embraces 88 miles of
There is said to be no truth in the report that New York road and forms for the Reading a natural extension from the
Central interests are associated with the purchase.—V. 67, junction near Reading, Pa., to Wilmington, Del. The sale
p. 127,221.
was currently reported last week as made to B. & O. inter
ests, but the story was officially denied to tbe C hronicle . Saginaw Consolidated Street Ry.—Union Street Ry.— V. 66, p. 950.
Sold.—These properties were purchased at the forclosure sale
Westinghouse Air-Brake.—The company, it is stated, lias
on Oct. 15 for $150,0' 0 by Homer Loring, actiDg for the
bondholders whose holdings have been deposited w ith the formally taken over the plant and property of the Boyden
Air-Brake Company, located jn Baltimore.—V. 67, p. 691. )>
Boston Safe Deposit & Trust Co.—V. 67, p. 435.
THE CHRONICLE.
814
LXVII.
Y ol .
R e p o r ts anti ^D ocum ents.
SOUTHERN
PACIFIC
COMPANY.
PROPRIETARY AND LEASED LINES.
LOT RTEKXTH ANNUAL REPORT—FOR THE YEAR ENDING JUNE 30, 1S98.
To the Stockholders:
N e w Y o r k , August 34, 1898.
Tlie Pr. -.ulent and Directors submit herewith their report of the property, earnings, expenses, assets and liabilities
of tlu* proprietary companies and leased lines constituting the Southern Pacific Company’s lines for the year ending June
30, 1898.
X.—PROPERTIES AND MILEAGE.
The properties which constitute the Southern Pacific Lines, the miles of road and water lines owned or leased by them
consisted on June 30, 1898, of the following mileage:
M a in
Ti'ack.
D iv is io n s .
J f t i t a t -; it
Second
T rack.
S i d in gs.
F erries.
R iv e r a n d
O cean
L in e s .
PROPRIETARY LINES.
lin e s b e lo n g in g to C o m p a n ies th e c a p ita l sto c k o f w h ich is p r in c ip a lly ow ned
b y the s o u th e r n F a n tic C o m p a n y , a n d w h ich a re o p era ted b y the S o u th e rn P a c ific
C o m p a n y u n d e r lea ses to i t :
M o ry a ii's L o u isia n a A T e x a s R a ilro a d a n d S te a m s h ip C o........................................ ...................
F o u th P acific C o a s t R a ilw a y ............................................ .....................................................- . . . . . . .
M ileage o f lin e s In lo n g in tj to C o m p a n ie s the c a p ita l sto ck o f w h ic h is p r in c ip a lly ow ned
b y (he so u th e r n P a cific o rn p a n y, but w hich a re o p e ra te d oy th e ir ow n or
g a n iz a tio n s :
147*37
U8L*610100
39290
*2,542 91
167-15
107-S6
12-36
40-05
919-4*
4 5 2 '5 5
9100
2 1 5 72
M ileage o f lin e s o f w h ic h the M o rg a n 's L o u is ia n a & Texas R a ilro a d <£ S te a m sh ip Comp a n y is the p r in c ip a l o w n e r o f the c a p ita l stock, b u t w h ich a re o p e ra te d b y th e ir ow n
o r g a n iz a tio n s :
26*13
8-9H
40-52
8*89
111 -20
16-13
32*30
1298:
4 0 -7 47*0*
573*43
25 7 4
13*12
2*54
6*64
144-12
110-24
7-48
71*17
1 00
3*00
3,1 7 5
3*00
......
15*16
1*64
75
190
T o ta l P r o p r i e t a r y L in e s ........................................................... .............
LEASED LINES.
M s ta g e o f lin e s b elo n g in g to C o m p a n ies whose c a p ita l tto c k is o w n e d by o th e rs th a n
(he S o u th e rn P a c ific C o m p a n y , b u t w h ic h a re o p e ra te d b y the S o u th e rn P a cific
C o n p a n y u n d e r leases to i t :
5,599*61
79-50
1,221*27
700
3 ,4 4 0
1 ,3 5 9 22
655-76
9-51
3 4 8 21
79*58
3*69
1 25
T o ta l M ile a g e J u n e 3 0 ,1 8 9 8 ...............................................................................
T o ta l M ile ag e J u n e 3 0 , 1 8 9 7 , .......................................................................... ..
7 ,6 1 4 59
7,599*71
89-01
84*67
1,649*06
1 ,602-18
10*69
iO -69
3 .5 6 5
3 .5 6 5
I n c r e a s e ................................................................................................... .................
1-1-88
4*34
' In c lu d e s S o u th e rn P ao ilto R R . C o m p a n y ’s lin e fro m M o jav e , C a l , to t h e N eedles, 2 4 2 51
th e A tc b lto n T o p e k a & S a n ta F e H a llw a y Co.
4 6 -8 8 1
........
m ile s , w h ic h is le a s e d to S e p te m b e r 1, 1 9 7 9 , to
The lines owned by each company are shown on Comptroller’s table No, 1.
The changes in mileage and ownership since last report have been as follows:
Southern Pacific Railroad Company.—Under the laws of the State of California, the Southern Pacific Railroad Com
pany, the Northern Railway Company, the Northern California Railway Company and the California Pacific Railroad
Company, by articles of consolidation’dated April 13, 1898, amalgamated and consolidated on April 14, 1898, their capital
stocks, debts, properties, assets and franchises, vesting the same in a consolidated and amalgamated corporation, under
the name and style of the Southern Pacific Railroad Company. The mileage consolidated by this Act aggregates 2,528*26
miles of main track and branches and 87’00 miles of second track. There was also added during the year to the mileage
owned the following extensions: April 15th, Montalvo to Oxnard, 5'39 miles; May 1st, Pomona to Chino, 3 19 miles; May
11th, extensions at Riverside, 1-46 miles; May 11th, Salinas to Sugar Factory, 2 81 miles; total, 11-85 miles.
The remaining changes in mileage have occurred in the transfer of the mileage of the California Pacific (118*51 miles),
which was reported under “Leased Lines’’ in the last annual report, to the mileage of “Proprietary Lines’’ this year, and
in minor changes of distances, resulting from the reconstruction of lines or from other causes.
II.—OPERATIONS! FOR THE YEAR,
The gross receipts and disbursements of the Southern Pacific Company in respect of its leased lines, and of proprietary
companies in respect of lines not leased, and the other receipts and disbursements of the Southern Pacific Company and of
all proprietary companies, are as follows:
R e c b ip t *.
T h is T ear.
L a s t Tear.
D u-ring th e Y e a r 1898.
In c rea se .
Mlic* o f r a il l i n e s - P r o p r ie ta r y , 5 ,3 5 7 * 1 1 ; le a s e d , 2 .0 1 4 9 8 ...............................................
7,371*98
(Iron* r e c e ip ts o f p r o p r ie ta r y c o m p a n ie s , v i z :
T r a n s p o r ta tio n r e c e ip t* ............... ................................ . .......................................................... ..
$ 3 7 ,8 5 0 ,4 2 9
T r a c k a g e a n d o th e r r e n ta l# .................................................................
..............
3 1 7 ,7 3 5
In c o m e fro m in v e s tin o i
.................................. .................................
4 0 ,6 9 0
I n te r c a t on o p r n a c c o u n t * . ,. .................................... ....................
3 8 1 .8 4 0
E a rn in g s o f 'I n k in g f u n d s ...... ........ ....................... .............................
........ . . .
1 5 1 ,5 2 8
M taceH aneona ic e e ip ta ...................................... ..................................
1 0 6.26 T o t a l......................... . . . . . ..............................................................................
T o ta l............................................. ...........................................................
T o ta l re c e ip t *> .............................
71 $ 3 3 ,4 8 9 ,4 7 9
01
5 3 4 ,2 4 3
05
7 5 ,7 0 2
37
3 8 2 ,5 9 1
33
12 5 ,2 4 5
Ot
2 5 ,4 2 5
D ecrease.
14-88
22 $ 4 ,3 6 1 ,9 5 0 49
64
00
40
OO
2 6 ,2 3 3 33
56
0 ,3 4 1 45
$ 3 8 ,8 4 8 ,4 9 0 4" $ 3 4 ,6 3 2 ,1 8 6 8 2 $ 4 ,2 1 6 ,3 0 3 6b
tr a n s p o r ta tio n an d o th e r re c e ip t# in r e s p e c t of lin e s of th e fo llo w in g Go’s.:
C a lifo rn ia P acific R R . C o .............................................................
C e n tra l P ur}fir K it. C o ....................... ...........................
$ 1 5 ,8 1 6 ,0 1 1
N ew M exico A A jU u n a R R . C o . . . . .............................................
1 8 7 ,1 6 2
O regon & C a l’f o m l a B R . C o . . . . .......... ..........................................
2 ,1 0 7 ,8 5 1
* o n o r» R a ilw a y Go................. ................................................
4 2 3 ,5 2 8
Grcrf ^
of ’- • u th r r a P a c ific C o m p a n y fro m re n ts , in v e s im e n ts u n d s o u rc e s
o th e r th a n fro m n e t p ro fits fjo m th e o p e r a tio n o f le a se d lin e s
7,357*10
62
88
23
13
$ 1 ,2 4 8 ,0 2 5 72
1 2 .7 4 2 ,4 0 7 4 9 $ 3 ,0 7 3 ,6 0 4
1 8 7 ,1 6 2
1 ,4 3 6 ,0 3 7 20
6 7 1 ,4 1 4
4 2 3 ,5 2 8
18
88
03
13
* 1 8 ,5 3 1 ,5 5 3 86 $ 1 5 ,4 2 6 ,4 7 0 41 $ 3 ,1 0 8 ,0 8 3 45
$ 1 ,0 9 4 ,4 5 4 20
$ 9 9 3 ,0 5 3 98 . $ 1 0 1 ,4 0 0 2 2
$ 5 8 ,4 7 7 ,4 9 8 64 $ 5 1 ,0 5 1 ,7 1 1 21 $ 7 ,4 2 5 ,7 8 7 33
3 5 ,0 1 1 95
7 5 1 03
- -. -
$ 1 ,2 4 8 ,0 2 5 7 2
THE CHRONICLE
O c t o b e r 22, 18M8.J
D ISB U R SEM EN TS.
845
D u r i n g the Y e a r 1898.
L a s t Y e a r.
T h is T e a r.
In crea se.
E x p e n d e d f o r a c c o u n t o f p r o p r ie t a r y c o m p a n ie s , v iz.:
O p e r a tin g e x p e n s e s ......................... - ........................................
T a x e s .................................................................................................
T r a c k a g e a n d o th e r r e n t a l s ............................ ........... ............
I n t e r e s t o n fu n d e d d e b t ................... - .....................................
I n t e r e s t o n o p e n a c c o u n ts .............................. - ......................
S in k in g f u n d c o n tr ib u tio n s a n d e a r n i n g s .......................
G e n e r a l a d m in is tr a tio n a n d m is c e lla n e o u s e x p e n s e s
L a n d d e p a r tm e n t e x p e n s e s a n d t a x e s ...............................
$ 2 4 ,0 0 1 ,8 0 2
9 4 2 ,8 6 4
6 4 2 ,7 2 4
8 ,2 5 3 ,8 4 0
1 8 0 ,7 3 4
4 7 6 ,5 2 8
3 3 ,0 6 5
8 3 ,5 8 6
09 $ 2 2 ,1 9 9 ,7 0 2
8 8 4 ,5 3 4
07
7 3 1 ,9 7 7
04
7
,8
6 6 ,5 8 4
30
2 2 0 .8 6 8
24
4 1 5 ,2 * 5
33
7 4 ,8 0 '
53
6 3 ,2 6 9
95
13 $ 1 ,8 0 2 ,0 9 9
74
5 8 ,3 2 9
22
04
3 8 7 ,2 5 6
47
00
6 1 ,2 8 3
32
23
2 0 ,3 1 7
D ecrease.
96
33
26
$ 8 9 ,2 5 3 18
4 0 ,1 3 4 23
33
4 1 ,7 4 1 79
72
$ 3 4 ,6 1 5 ,1 4 5 55 $ 3 2 ,4 5 6 ,9 8 8 15 $ 2 ,1 5 8 ,1 5 7 40
T o ta l
E x p e n d e d in r e s p e c t o f lin e s o f th e fo llo w in g c o m p a n ie s :
C a lifo rn ia P a c ific R R . C o .........................................................
C e n tra l P a c ific R R . C o....................... .................- ......................
N e w M ex ic o & A riz o n a R R . C o ..............................................O re g o n & C a lifo rn ia R R . C o . . . ..............................................
S o n o ra R y . C o .................................................................................
$ 1 5 ,8 1 6 ,0 1 1
2 1 7 ,6 2 8
2 ,4 3 2 ,3 3 4
5 0 9 ,2 3 6
$ 1 ,1 7 5 ,3 7 3 45
1 2 ,7 4 2 ,4 0 7 49 $ 3 ,0 7 3 ,6 0 4
2 1 7 ,6 2 8
2,214,’5 23 07
2 1 7 ,8 1 1
5 0 9 ,2 3 6
62
43
58
90
13
43
51
90
$ 1 ,1 7 5 ,3 7 3 45
$ 1 8 ,9 7 5 ,2 1 1 53 $ 1 6 ,1 3 2 ,3 0 4 01 • 2 .8 4 2 ,9 0 7 52
T o ta l............................................................................................................................................
E x p e n d itu r e s o f S o u . P a e . Co. f o r in s u ra n c e , ta x e s , i n t e r e s t a n d a ll o th e r a c c o u n ts
4 6 4 ,7 0 4 98
7 6 4 ,5 3 8 8 5
2 9 9 ,8 3 3 87
e x c e p t fo r d e fic its in th e o p e r a tio n o f le a s e d lin e s .....................................................
T o ta l c is b u r s e m e n ts .
♦ S J.S M .S b S 9 3 $ 4 9 ,0 5 3 ,9 9 7 1 4 $ 5 ,3 0 0 ,8 9 * 79
B a la n c e .................................................
B e tte r m e n ts a n d a d d itio n s ..........
$ 4 ,1 2 2 ,* 0 2 61
1 ,2 9 9 ,2 5 8 03
$ 1 ,9 9 7 ,7 1 4 0 7 !$ 2 ,1 2 4 ,8 8 8 54
9 0 6 ,9 5 9 35:
3 9 2 ,2 9 8 68
u r p iu s o v e r a ll d is b u rs e m e n ts
$ 2 ,8 2 3 .3 4 4 58
$ 1 ,0 9 0 ,7 5 4 7 2 $ 1 ,7 3 2 ,5 8 9 86
The disbursements include $324,483 35, advanced for account of the Oregon & California Railroad Company, which
still remains due from the last-named company.
The expenditures for betterments and additions have this year been charged against the income account by the
respective companies.
The return of commercial activity and prosperity throughout the country is reflected in the gratifying improvement
of the company's earnings. Compared with the previous year, and, taking the operations of the California Pacific Rail
road into the calculations for the purpose of comparison, the Proprietary Lines show an increase of 83,113,924 77, or 8'96
per cent, in srross earnings, and 82,487,198 26, or 21'89 per cent, in earnings over operating expenses. The gross earnings of
the Atlantic Properties decreased over eleven hundred thousand dollars during the existence of the quarantine restrictions,
from September 22 to November 15. Upon removal of these restrictions, however, this loss was rapidly recovered, and the
year closed with a gain of 8302,865 66 over the previous year.
The marked improvement of the general business situation in Oregon is manifested in the gross earnings of the Oregon
& California Railroad, which increased 8671.814 03, or 46'78 per cent. Earnings over operating expenses increased 8466,943 38,
or 149'09 per cent. The advances by the Southern Pacific Company for account of the year’s operation were $324,483 35,
against $809,610 !2 in the previous year.
Tae gross earnings of the Central Pacific Railroad increased $3,126,637 54. or 34'74 per cant. A considerable part of this
increase resulted from the exceptional conditions during the year, to wit, the quarantine restrictions on the Atlantic
Properties, which interrupted through service via New Orleans, and which forced a large tonnage, which under normal
conditions seeks the water lines and the low-grade routes, to the Northern Hues, and the transportation of troops and Gov
ernment stores during the war with Spain.
The operation of the New Mexico & Arizona and Sonora Railways resulted in a loss of $116,174 33 to this company.
Serious washouts, particularly on the Sonora Railway and other much needed renewals on both lines, increased the expenses
$75,645 06 over the amount expended the preceding year.
The receipts and disbursements in respect to the New Mexico an l Arizona Railroad, and Sonora Railway, under tem
porary arrangement with the Atchison Topeka &; Santa Fe Railway Company in contemplation of the consummation of a
definite lease of these properties, appear in the income of the Southern Pacific Company, and not in any other statement
in respect to the earnings or traffic or transportation operations of the other lines.
I I I .- C A P I T A L ACCO U N T.
The changes in the capital account for the year ending June 30, 1898, have been as follows:
F ixe d in te r e s tb e a rin g -b o n d s In c o m e m orli gage b o n d s. | C a p ita l Stock.
a n d debt.
O u ts ta n d in g J u n e 3 0 ,1 8 9 7 ............................................................................................... .................................
$ 1 4 4 ,3 4 5 ,0 5 1 7 1 $ 6 ,3 5 4 ,0 0 0 0 $ 1 8 2 ,2 5 1 ,7 5 2 0 0
Is s u e d o r ta k e n o ver d u r in g the yea r.
H o u s to n <fc T e x a s C n t r a l R R . 5 -p e r-o en t d e b e n tu r e b o n i s is su e d in e x c h a n g e f o r c o n s o lid a te d
a n d g e n e r a l m o rtg a g e d e b e n tu r e b o n d s e x t e n d e d ........................................................................................
S o u th e rn P acifh: R R . first c o n s o lid a te d 5 -p e r-c e n t b o n d s o r 1893. is s u e d in p a y m ’t fo r n e w lin e s .|
S o u th e rn P a e itio R R . fir s t c o n s o lid a te d 5 -p e r-c e n t b o n d s o f 1893, is s u e d in e x c h a n g e f o r fir s t
m o rtg a g e fiv e -p e r c e n t boD ds o f 1 3 8 8 ...... .....................................................................................................
B o n d s o f C a lifo rn ia P a c ific R R . C o., ta k e n o v e r u n d e r a r tic le s o f a m a lg a m a tio n a n d c o n so l
id a tio n , viz.:
F ir s t m o rtg a g e 4 >s-per c e n t b o n d s ................................................................................. $ 2 ,2 3 2 ,0 0 0 00
S e c o n d m o rtg a g e d ’i - p e r c e n t b o n d s .............................................................................. 1.5 >5,000 0 0 )
T h ird m o rtg a g e 6 -p e r c e n t b o n d s, S e rie s A .................................................................. 1 ,9 9 8 ,5 0 0 00
T h ird m o rtg a g e 3 -p e r-c e n t b o n d s , S e rie s B .................................................................. 1 ,0 0 0 ,0 0 0 OOj
$ 5 5 0 ,0 0 0 00,
2 9 7 .0 0 0 00^
3 7 8 .0 0 0 00
0 ,8 2 \* O O 00
S o u th e rn P a c ific R R ., c a p ita l s to c k is s u e d in p a y m e n t o f n e w lin e s ............................................ ..........|
S o u th e rn P a c ific R K , c a p ita l s to c k issu e d u n d e r a r tic le s o f a m a lg a m a tio n a n d c o n s o lid a tio n fo r
a c c o u n t o f th e fo llo w in g c o m p a n ie s :
C alif r n i a P a c ific ................................................................................................................... $ 1 3 ,8 0 0 ,0 0 0 0 0
N o r th e r n C a lifo rn ia R y .......................................................................................................
1 2 8 ,0 0 0 0 0
N o r th e r n R y .............................................................................................................................. 1 4 ,8 3 0 ,4 0 0 0 0
T o ta l f o r th e y e a r ..........................................................................................................................................I
$ 4 2 3 ,4 0 0 0 0
2 8 ,7 5 8 ,4 0 0 0 0
$ 8 ,0 5 0 ,5 0 0 0 0 (
..................... 1 $ 2 9 ,1 8 1 ,8 0 0 0 0
T o t a l .....................................................................................................................................................................^$152,395,551 71 $ 6 ,3 5 4 ,0 0 0 0 0 $ 2 1 1 ,4 3 3 ,5 5 2 0 0
R e tir e d d u r i n g th e y e a r .
H o u s to n <fc T e x a s C e n t. R R . fir s t m o rt. 5 -p e r- c e n t b o n u s p u rc h a s e d a n d c a n c e le d . .$ 1 9 6 ,0 0 0 00
H o u s. & T e x . C e n t. R R c o n s o lid a te d m o r t d e b e n tu r e b o n d s r e tir e d a n d r a n c e le d . 7 0 5 .4 2 0 0 0 ’
H o n s. & T e x . C e n t R R . g e n e r a l m o rt. d e b e n tu r e b o n d s r e tir e d a n d c a n c e le d ............... 4 1 1 ,0 0 0 0 0
S o u th e rn P a c ific R R . fir s t c o n s o lid a te d 5 o e r-c e n t b o n d s of 1888, e x c h a n g e d f o r f ir s t
m o rtg a g e b o n d s o f 1 8 9 3 ............................................................................................................................................
S o u th e rn P a c ific B r a n c h R y fir s t m o rtg a g e 6 -p e r-c e n t b o n d s p u rc h a s e d a n d c a n c e le d ...................
T e x a s «fc N e w O rle a n s R R fir s t m o rtg a g e —m a in l i n e —7 p e r c e n t b o n d s p u rc h a s e d a n d c an c e le d .
T e x a s «fc N e w O rle a n s R R ., p a y m e n t to S ta te o f T e x a s fo r a c c o u n t o f s ch o o l f u n d ............................
C a p ita l s to c k r e tir e d u n d e r a r tic le s o f a m a lg a m a tio n a n d c o n s o lid a t’n S o u th P a c . R R Co., v iz.:
N o rth e rn C a lifo rn ia R y ......................................................................................................................................
N o rth e rn R y .............................................................................................................................................................
T o ta l fo r th e y e a r .......................................................................................................................................... 1
$ 1 ,3 1 2 ,4 2 0 0 0
378 000
4 5 .0 0 0
2 3 .0 0 0
7 ,5 3 0
00
00
00
47.
$ 1 ,2 8 0 ,0 0 0 0 0
1 2 ,8 9 6 ,0 0 0 0 0
$ 1 ,7 6 5 ,9 5 0 47,
.
$ 1 4 ,1 7 6 ,0 0 0 00
O u t s t a i d i g J u n e 3 0 , 1 8 9 8 ............................................................................................................................................. $ 1 5 0 ,6 2 9 ,6 0 1 24 $ 6 ,3 5 4 ,0 0 0 0 0 $ 1 9 7 ,2 5 7 ,5 52 00
I n c r e a s e ....................................................................................................... ......................................... ...................................
$ 6 ,2 8 4 ,5 4 9 53
$ 1 5 ,0 0 5 ,8 0 0 0 0
Ther • were also purchased and canceled during the year, $71,000, face value, Southern Pacific Co. 6 per cent steam
ship bonds. The details of receipts and expenditures on capital account are shown on Controller’s table No. 8 ; the funded
debt and interest accruing thereon annually, on table No. 9
#
THE CHRONICLE.
846
[V ol, l x v i i .
tv -T R A N S P O R T A T IO N EARN DKGS AND E X P E N S E S .
The tr*.ii'i»>rtalH>n earning* and axponses of the Proprietary Companies have been as follows:
5,357*11
Mitre of fo»J operated
M ali. eapre** **d bugga** ..
F r e i g h t . ........ .
$
7 ,9 4 2 ,2 7 5
1 ,3 2 9 ,3 3 1
2 1 .3 6 6 ,5 8 6
1,856.811
KlRNIKCl*.
******
»****«« . *»•<
P | | i | | | | | f :■»»*«* t, »*«»***.f
.....................
— ........................
■Ileeplng c a r a n d *H oU w r •o u rce* ........... .
Duiuxc t h is Y e a r .
L a st Year*
TA>* T ear.
25
02
25
07
Increase.
5 ,2 4 3 16
si
7 ,1 3 2 ,4 2 0
1 ,2 2 5 .7 1 3
2 1 ,4 2 7 ,6 0 2
1 ,4 0 8 ,8 6 9
Decrease,
113 94
70
119
45
74
$
8 0 9 ,8 4 8
1 0 3 ,6 1 7
2 ,9 3 8 ,9 8 3
4 1 7 .9 4 1
iP tr cent.
1
*
55
33
80
93
11*35
8-45
13-72
31*79
...... ...........
3 5 ,4 0 5 ,0 0 4 !9
'2,355,425 5 2
3 1 ,1 9 4 .6 1 2 58
2 .2 9 3 ,8 6 6 64
4 ,3 0 0 ,3 9 1 61
6 1 ,5 5 8 88
3 7 ,8 5 0 ,4 2 9 71
3 3 .4 8 8 ,4 7 0 22
4 ,3 6 1 .9 5 0 49
U l U m u M o t w a r a n d t t r u e t u r e e ..............
M a in te n a n c e o f <-<iuiproem................................. . . . . .
O n v d u e tlu g tr a o a p o rh k lto a .............................................
G e n e r a l e x p e j w * . ............ .................................................
4 ,3 2 3 .6 9 0
3 ,r4 9 ,1 4 6
13,136,1111
8 6 5 ,6 9 9
4 ,3 2 9 ,8 6 9
3 ,4 4 7 ,6 8 8
1 1 ,7 1 7 ,0 0 1
9 1 3 ,4 5 5
78
97
89
89
..............i
6 ,1 7 0 26
2 0 1 ,4 5 7 61
1 ,4 1 9 ,1 8 9 75
.................
4 7 ,7 5 6 1 0
*14
5*84
12*11
5*23
T o ta l ra il tin e a ........................................... ................. .
a te a m e h liw ..............................................................................
2 1 ,9 7 4 ,7 3 7 53
2 ,0 2 7 ,0 6 4 56
2 0 ,4 0 8 ,0 1 6 5 3
1 ,7 9 1 ,6 8 5 6 0
1,58 6 ,7 2 1 0 0
2 3 5 ,3 7 8 9 6
..................
..................
7*68
13*14
T o t a l . . . . .............................................................................
2 4 .0 0 1 ,8 0 2 09
2 2 ,1 9 9 ,7 0 2 13
1 ,8 0 2 .0 9 a 9 6
.................
8*12
E a rn in g * o v e r o p e ra tin g c x p o n to a ...............................
1 3 ,848,627 62
1 1 .2 8 8 ,7 7 7 09
2 ,5 6 9 ,8 5 0 53
.................
22*68
T o ta l r»U line* . . . . . . . ........... .......................... . . .
p le a ro a b lp *
. .................................. ...... .................. .
T o ta l .............................................................. .........
OPICRATRtO EXPENSES.
52
58
64
79
13*79
2*08
................. j
13*03
1 lie truflic moved over all the company’s lines, proprietary and leased, exceeded that of any previous year in the his
lory of the company. There were carried passengers and freight, viz.:
Nu.rol.er of through anil local pa***ngera.......................................................................................................................................
7,Q17,877
N u m b e r o f fe rr y s u b u rb a n p a e s o n g e rs ........................................................................................................................................................................
1 4 ,0 9 0 ,6 9 8
T o ta l, th is y e a r .................................................................................................................................................................................................................
T o ta l. lo o t y e a r ..................................................................................................................... ..........................................................................................
2 1 ,9 1 7 ,5 7 5
2 0 ,8 4 6 ,5 9 1
I n c r e a s e ........................................................................................................................... .................................................................. .................................
1 ,0 7 0 ,9 8 4
N u m b e r o f p a s s e n g e r s c a r r ie d o n o m ile , tills y e a r ..................................................................................................................................................... 0 9 2 ,4 1 2 ,6 4 2
N tim b e r of p a s s e n g e r s c a r r ie d o n e m ile , l a s t y e a r ................................................................................................................................................. 5 9 1 ,4 4 5 .4 1 4
lu c r e a i r .................................................................................. .......................................................................................................................................... 1 0 0 ,9 6 7 ,2 2 8
Number of passengers carried increased 5-14 per cent and passengers carried one mile 17’0T per cent. The average
receipts per passenger per mile were 1-898 cents, against 1*999 cents last year—a decrease of *101 cents or 5*05 per ceift.
T u n s of c o m m e rc ial f r e ig h t c a r r ie d th is y e a r ............................................................................................................. .'.........................................
T on* o f c o m m e rc ia l f r e ig h t c a r r ie d la s t y e a r ..........................................................................................................................................................
1 0 .7 S S .5 1 5
9 ,3 0 5 ,2 6 9
I n c r e a s e ................................... ................................................................... .. ............................................................. .............................................. .
1 ,4 8 0 ,2 4 6
T on* of c o m m e rc ia l f r e ig h t c a r r ie d o n e m ile th i s y e a r ................................................................................................................................... 3 ,3 4 8 ,5 1 3 ,7 1 5
T o n - o f . u n m e rc la l fr e ig h t c a r r ie d o n e m ile l a s t y e a r ......................................................................................... ................... ...................... 2 ,5 9 3 ,6 1 6 ,0 7 1
I n c r e a s e ............................................................................................................................................. ...............................................................................
7 4 9 ,8 9 7 .6 4 4
NumtoT of tons carried increased 15*60 per cent and tons carried one mile 2*3*91 percent. The average receipts per
ton !- r mile were 1*008 cents, against 1*126 cents last year—a decrease of *118 cents, or 10-48 per cent.
In addition to the above tonnage there were carried 398,149,630 ton miles of company freight and 12,309,433 ton miles
transferred acr. -s the Mississippi River at New Orleans and traffic of The Direct Navigation Company, making a total of
8(748(999,778 t o n miles tor the year.
The «|n rating expenses of the rail lines have absorbed 61*91 per cent of the gross earnings, against 65*42 per cent in
1897. and the steamships 86*06 per cent of their gross earnings against 78*11 in 1897.
-Maintenance of Way and Structures.—Included in these expenditures is the cost of the following improvements:
Ot> th e line* .-»*• uf El P a ir,:
K or r a is in g le v e e s , re b u ild in g s e v e n m ile s o f ro a d b e d a n d tr a c k w a sh e d o u t b e tw e e n S a b in e P a s s a n d
Taylor** B ay o u , a n d w a s h o u t p ro te c tio n o n El P a s o D iv is io n ............... ................................................... ............................................................... ..........S 2 0 .0 0 9 13
Churn:* Of lib* ui Altuda and near Mums....................................................................................................................................... 4,558 92
R *.. * r. 7 1 .0 2 0 lliu »l f e e t o f tim b e r tr e s tlln g w ith th ir d * trln < o rs a n d iro n s u p e r s tr u c tu r e o v e r b rid g e a t D e v il's R i v e r ..................... 1 3 ,3 9 4 3fi
A n on th e 1 nes w est o f E l I ’u .o : C h a n g e o f lin e R a ilro a d P a s s . D ra g o o n P u ss a n d b e tw e e n S o le d a d n u d S a n ta M a r g a r ita ................. 19,001 2 ?
F illin g in 3 ,3 0 0 lin e a l fe*a o f tr e s tlln g a n d s te e l g ir d e r b rid g e a t W illo w G re e k ......................................... ..................................... .
....................... 1 0 ,9 2 7 2 4
.V sintenance o f Equipment.—These expenses include the cost of replacing the following equipment worn out, destroyed
or sold:
1 ; :■I.- ■,m otive#, 1 b a g g a g e , m a ll a n d e x p re s s , 2 c o m b in e d p a s s e n g e r a n d b a g g a g e . 1 p a s s e n g e r , 3 p o s ta l, 2 flr a t-d a s * s le e p in g o a rs,
4 to u r is t, 681 fre ig h t o a rs o f a ll e la u e * , a n d 1 0 ro a d -s e rv io o e a r* ................... ......................................................................................................... . . . . $ 3 5 1 ,7 6 1 9 5
m fo r a p p ly in g a ir-b ra k e * to 1 2 f r e ig h t e a r s a n d a u to m a tic c o u p le rs to 4 ,7 8 7 fr e ig h t c a r s ................................................... ......................... 1 0 0 ,9 5 0 6 0
The rolling stock equipped nt the close of the year with safety applianoesjin accordance with the Act of Congress in
reaped thereto i# as follows;
N um ber.
708
. 14,023
. 14,686
loieo rn o u v e* e q u ip p e d w ith d riv e r- b ra k e * . ........
f r e i g h t ,» r * e q u ip p e d w ith a ir - b r a k e s ___. . . . . . .
F re ig h t c a re e q u ip p e d w ith a u to m a tic c o u p le rs.
75-01
73*81
The steamer “Octavia" was condemned during the year and replaced by the “Ratoon."
C - e - D r e f i n g Tran,portati>n. - The careful attention given by the management to the loading of oars and tonnage
r * t , , h ‘ " f i ■ .iiintiv <■. has enabled the company to move the large increase in traffic above referred to with an increase in
• ‘ I*’"
“f « " 7 IS-ll percent. The mileage and traffic moved on the respective statistical divisions has been as follows*
I’ACIt'K* STSTKM,
A m o u n t*
I* src e n t P e r cent
In e r t fu r. t*ne rente.
H o u s t o n & T kxak C k n t iu l
l in k s .
ATI, ASTIC PttOFKttTtBS.
A m o u n t,
Per cent P e r cent
In c rea se . Decrease.
te re te * ,*
R e v e n u e t r a m ro lls * ................................
E a r roll**......................................................
t ’e re e n jre r ra tio * ......... ...........
7 ,9 1 3 .4 3 7
d n .4 4 7 ,2 5 4
5 8 7 ,9 0 6 ,6 7 5
3*51
14 35
ill *17
1,68 2 ,3 6 3
10 .2 7 2 ,0 2 8
7 4 ,0 3 1 .8 5 2
......
JV oIpkl et t r i t e
B W H t t r a i n m l l e e . . . . . . . . . . . . . ............
C a r m i l e * . . . . . ..............................................
I k * m tln * .....................................................
A v e r* * * t« ! * p e t e a r . . . . . . ____ . . . . . .
A ver*** te n * p e r t r a i n ............. ..
M O 'a n u
2 0 9 .6 2 3 .9 * 1
2 .3 3 0 ,0 2 0 ,« it2
15*04
2 5 5 '8 0
31*61
8 0 70
39 37
3*51
714
4 .7 5 4 ,3 3 6
10,*,796,<10
1 ,1 8 1,226,774
16 75
248*48
2*05
11 30
18*08
4*80
17*50
7 80
2*58
.V I9
........
,
,
A m o u n t.
I P e r c e n t P e r ecut
i„ e r e o te Decrease.
9 1 1 .8 3 9
4 ,7 0 6 ,1 4 0
2 9 ,8 7 4 ,5 1 5 '
1 03
b-45
8*57
1 ,2 5 1 ,9 7 1
28.542.1 OS'
2 2 5 ,4 1 7 ,5 0 9 ,
12*09
180*05
........
-64
2*56
3 80
4-77
1*41
Tin ferry iteamer* at New Orleans transferred 107,022 loafed and empty cars, The average number of cars trims•erred per trip w»» 7-85 and the average cost per ear 71 cents.
O ctober
THE CHRONLCLE.
22, 1898.1
Y .- G E N E R A L
847
REM A RK S.
Summarizing the transactions for the year ending June 30, 1898, the results have been as follows:
G ro ss re c e ip ts o f p r o p r ie t a r y c o m p a n ie s ....................... ......... ......................................................- .............................................................. $ 3 8 ,8 4 8 ,4 9 0 48
G ro ss re c e ip ts o f o th e r l i n e s . . . . ............................................ - ........................- ................................... ...................... ...................................... 1 8 ,5 3 4 ,5 5 3 8 6
1 ,0 9 4 ,4 5 4 20
G ro s s r e c e ip ts o f S o u th e rn P a c ific C o m p a n y ................................................................................................................ - ............................
---------------------- $ 5 8 ,4 7 7 ,4 9 8 5 4
O p e ra tin g e x p e n s e s o f p r o p r ie t a r y lin e s , (in c lu d in g $ 3 5 1 ,7 6 1 95 fo r re p la c e m e n t of e q u ip m e n t a n d $ 1 0 0 ,9 5 6 60
f o r e q u ip p in g ro llin g s to c k w ith s a f e ty a p p lia n c e s ) ta x e s , in te r e s t, s in k in g fu n d c o n trib u tio n s a n d a ll fix e d
$ 3 4 ,6 1 5 ,1 4 5 55
O p e ra tin g e x p e n s e s a n d o th e r e x p e n s e s fo r a c c o u n t o f o th e r lin e s, in c lu d in g $ 3 2 4 ,4 8 3 3 5 a d v a n c e d f o r a c c o u n t
of O re g o n & C a lifo rn ia R a ilro a d .................................................................................................................................................................... 1 8 ,9 7 5 ,2 1 1 53
7 6 4 ,5 3 8 8 5 5 4 ,3 5 4 ,8 9 5 9 3
E x p e n d itu r e s o f S o u th e rn P a c ific C o m p a n y ......................................................................................... - .....................................................
$ 4 ,1 2 2 ,6 0 2 61
1,29 9 ,2 5 8 0 3
B a la n c e ..................................
E x p e n d itu r e s fo r b e tte r m e n ts a n d a d d itio n s c h a r g e d to in c o m e a c c o u n t
S u rp lu s o v e r a ll c h a rg e s
* 2 ,8 2 3 ,3 4 4 58
The expenditures on capital account of the proprietary companies have been as follows:
C o n s tr u c tio n o f lin e s in L o u is ia n a a n d C a lifo rn ia ...................................................................................................................................................................... $ 2 ,1 4 0 ,6 4 4 3 9
R ea l e s ta te , r o llin g sto o k a n d o th e r a d d itio n a l p r o p e r t y a c q u i r e d .....................................................................................................................................
7 0 8 ,3 9 7 9 0
C o st of C a lifo rn ia P a c ific R a ilro a d , N o rth e rn R a ilw a y a n d N o rth e rn C a lifo rn ia R a ilw a y ........................................ .......................................... 2 2 ,4 8 3 ,3 9 6 01
T o ta l e x p e n d itu re s o n c a p i ta l a c c o u n t
.$ 2 5 ,3 3 2 ,4 3 8 3 0
This has been provided for as follows:
C a p ita l s to c k is s u e d u n d e r a r tic le s o f a m a lg a m a tio n o f C a lifo rn ia P a c ific R a ilro a d , N o r th e r n C a lifo rn ia R a ilw a y a n d N o r th e r n
R a ilw a y ....................................................................................................................................................................................................................................................... $ 1 4 ,5 8 2 ,4 0 0 0 0
C a p ita l s to c k is s u e d in p a y m e n t o f n e w l i n e s ...............................................................................................................................................................................
4 2 3 ,4 0 0 0 0
B o n d s o f C a lifo rn ia P a c ific R a ilro a d Co. ta k e n o v e r ..................... ......................................................................................................................................... 6 ,8 2 5 ,5 0 0 0 0
B o n d s o f o th e r c o m p a n ie s is s u e d fo r a c c o u n t o f p r o p e r t y a c q u ir e d .................................................................................................................................
2 9 7 ,0 0 0 0 0
$ 2 2 ,1 2 8 ,3 0 0 0 0
T o tal.
B a la n c e ........................ ....................................................................................................................................................................................................................... $ 3 ,2 0 4 ,1 3 8 3 0
T h e re w a s r e tir e d fr o m th e o u ts ta n d in g c a p ita l d u r in g th e y e a r , a f te r d e d u c tin g b o n d s e x c h a n g e d o r e x te n d e d , fa c e - v a lu e b o n d s
to th e a m o u n t o f .....................................................................................................................................................................................................................................
8 3 0 ,0 0 0 0 0
There were added to the equipment during the year and charged against the fund for replacement of rolling stock: 8
baggage, mail and express, 1 business, 2 combined baggage and passenger, 3 postal, 912 freight cars of all classes, and 12
road service cars; also 19 box, 15 refrigerator and 4 tank cars charged against the income account and 20 first-class passen
ger, 4 postal, 100 stock, 2 pit and 102 Rogers’ ballast cars charged to capital account. The unexpended balance to the
credit of the fund for replacement of rolling stock at the close of the year amounted to $208,631 98.
There was treated at the several wood preserving plants of the company the following material:
C re o ao ted —P ilin g , lin e a l f e e t............................................ ......................................................................................................................................................
4 5 2 ,3 8 9
“
—L u m b er, B. M ........................................................................................................... ........................................................................... .................... 6 ,2 5 8 ,5 0 8
B u r n e ttiz e d - C r o s s tie s . N u m b e r........................................................................................................................................................................................... 1 ,1 6 0 ,7 1 4
“
—L u m b e r, B. M ....................................................................................................................................................................................................... 2 9 7 ,6 6 0
The economies resulting from the large annual output of these plants has been referred to in previous reports. The
improvement in the physical condition of the roadbed, track and bridges, is summarized in table No. 16 in the Controller’s
report.
The employes’ hospital service has been maintained with as satisfactory results as in the past. There were treated
during the year in the hospital, offices and homes, 25,944 patients of the Pacific System lines, and 8,461 patients of the
lines of the Atlantic Properties. On the Pacific System the receipts exceeded the expenses by $11,877 30, and on the Atlan
tic Properties there was a loss of $5,043 75, which was charged against the income of the year. The increasing demands
upon this branch of the Company’s service from the Company’s em pires on the Pacific System lines prompted the Com
pany to purchase a suitable site in San Francisco for a hospital building and proceed with the erection of a building
adequate for its needs and appointed with the best appliances and facilities for the treatment of its patients.
The Board regrets to announce the death during the year of four of its esteemed and valued officers, each of whom had
spent the greater part of his business life in the service of these interests. Mr. Charles F. Smurr, Freight Traffic Manager,,
on October 31, 1897, after a service of twenty-five years. Mr. Richard Gray, General Traffic Manager, on January 7, 1898,
after a service of twenty-four years. Mr. A. D. Wilder, Superintendent of the Western Division, on February 14, 1898,
after a service of thirty years; and Mr. J. G. Schriever, Vice-President Morgan’s Louisiana & Texas Railroad & Steamship
Co., and Traffic Manager at New Orleans, La., on March 16,1898, after a service of thirty-two years in these interests. The
experience gained by these gentlemen in their long connection with these interests will be greatly missed, and the ability
and fidelity which each brought to bear in the administration of the. intere-ts committed to him make it especially appro
priate that the Board should express their sense of the deep loss to the Company.
The Board acknowledges its appreciation of the loyalty and devotion which its officers and employes—from the highest
to the lowest—-have manifested in the discharge of their respective duties, and it fully recognizes the fact that their fidelity
and personal pride in the efficiency of these properties have contributed very much towards bringing them up to their
present high standard.
Respectfully,
C. P. HUNTINGTON,
President.
IN C O M E A C C O U N T—S O U T H E R N P A C IF IC C O M PA N Y .
O p e ra tin g e x p e n s e s , ta x e s , in te r e s t a n d
a ll o th e r d is b u rs e m e n ts in r e s p e c t of
th e fo llo w in g lin e s, w h ic h a re a n o b li
g a tio n o f th e S o u th e rn P a c ific Co.
C e n tra l P a c ific R R ., No. 2 2 ................. $ 1 5 ,8 1 6 ,0 1 1
O re g o n & C a lifo rn ia R R ., N o. 2 3 ___ 2 ,1 0 7 ,8 5 1
N ew M ex ico & A riz o n a R R .................
2 1 7 ,6 2 8
S o n o ra R a ilw a y ........................................
5 0 9 ,2 3 6
59
56
57
84
68
19
$ 2 6 ,9 4 8 ,9 8 2 43
62
23
43
90
E x p e n s e s o p e ra tin g M a ry sv ille s te a m
b o a t lin e ............................
T a x e s ............................................................................................
R e n ta l to C e n tra l P a c ific R R .’C o ... . . . '. $
id ,000 00
R en l a l to O re g o n & C a lifo rn ia R R . C o ..
5 ,0 0 0 00
I n t e r e s t o n s te a m s h ip b o n d s .....................
I n s u r a n c e o n s te a m s h ip s ...............................................
I n t e r e s t o n o p e n a c c o u n ts ...........................
G e n e r a l a d m in is tra tio n e x p e n s e s ...........
A n n u a l c o n tr ib u tio n fo r re d e m p tio n o f
s te a m s h ip b o n d s ..................................
B a la n c e to p ro fit a n d lo ss, No. 18” .’
R e c e ip t s
G ro ss tr a n s p o r ta tio n a n d o th e r r e c e ip ts
o f th e fo llo w in g “ P r o p r ie ta r y L in e s .”
—1. e. lin e s b e lo n g in g to c o m p a n ie s
th » o a p ita l s to c k o f w h ic h is p r i n
c ip a lly o w n e d b y th e S o u th e rn P acific
Co., a n d w h ic h a r e o p e r a te d b y th e
S o u th e rn P acific Co. u n d e r le a s e s to it:
9 9 9 ,5 1 4
L o u is ia n a W e s te rn R R ......................... $
M o rg a n ’s L o u is ia n a & T e x a s R R .
& 8 8 ............................................................. 5,678, ,581
S o u th Paol lie C o a s t R y .........................
872, ,213
S o u th e rn P a c ific R R . (of C a lifo rn ia ) 15,320, ,912
S o u th e rn P a c ific R R . (of A r iz o n a )..
3,013, 0 6 5
S o u th e rn P aoiflo R R . o f N ew M ex io o . 1,498, ,145
G ross tr a n s p o r ta tio n a n d o th e r r e c e ip ts
in r e s p e c to f th e fo llo w in g lin e s w h o se
c a p ita l s to o k is o w n e d by otlierB t h a n
th e S o u th e rn Paclfio Co.:
C e n tra l P a c ific R R , No. 2 2 ......... $ 1 5 ,8 1 6 ,
O re g o n & C a lifo rn ia R R .. No. 2 3
2 ,1 0 7
N e w M exioo & A riz o n a R R .........
187
S o n o ra R a i lw a y ................................
423
-
E x p e n d it u r e s .
O p e ra tin g e x p e n s e s , ta x e s , I n te r e s t a n d
a ll o th e r d is b u rs e m e n ts l o r a c c o u n t of
th e fo llo w in g “ P r o p r ie ta r y L in e s ,”
w h ic h a re a n o b lig a tio n o f th e S o u th
e r n P a c ific C o m p a n y u n d e r th e te rm s
of th e r e s p e c tiv e le a s e s :
L o u is ia n a W e s te rn R R .........................$
9 0 8 ,1 3 2
M o rg a n ’s L o u is ia n a & T ex as R R .
........................................ 5 ,7 3 6 ,2 6 4
S o u th P a c ific C o a s t R y .........................
9 3 1 ,3 3 7
S o u th e rn P a c ific R R . (of C a lifo rn ia ) 1 5 ,1 6 7 ,3 1 1
S o u th e rn P a c ific R R . (of A riz o n a ).. 2 ,9 4 7 ,8 1 2
S o u th e rn P a c ific R R . o f N ew M ex ico 1 ,2 5 8 ,1 2 3
1 8 ,6 5 0 ,7 2 8 18
5 8 ,8 5 6 61
4 1 ,0 1 5 34
1 5 .0 0 0
1 5 2 ,1 9 0
1 6 6 ,6 4 1
2 3 5 ,5 8 1
2 0 ,2 5 3
00
00
54
37
99
7 5 .0 0 0 0 0
6 4 7 ,3 2 1 7 9
$47,011,471 25
G ross r e c e ip ts M a r y s v ille s te a m b o a t
li n e .................
........................................
......
R e n ta l fro m s te a m s h ip s ......................
—
R e n ta l fro m te r m in a l fa c ilitie s a n d
o th e r p r o p e r t y ................................................................
I n t e r e s t o n b o n d s o w n e d .....................
—
Profit, o p e r a tin g w ood p re s e r v in g w o rk s
—
D iv id e n d s oil W ells F a rg o & Co. sto o k
o w n e d ........................................................
....
M is c e lla n e o u s ...........................................
....
O il
,851
,162
,528
69
00
98
45
16
91
- $ 2 7 ,3 8 2 ,4 6 3 19-
62
23
88
13
1 8 ,5 3 4 ,5 5 3 86
6 1 ,4 5 2 61
5 1 0 ,1 9 1 3 5
1 5 0 ,3 3 2 51
1 8 6 ,8 8 3 33
6 9 ,7 6 4 4 0
9 9 ,0 0 0 0 0
1 6 ,8 3 0 0 0
$47,011,471 25
THE CHRONICLE.
818
IN C O M E
A C C O U N T -P R O P R IE T A R Y
Total.
No. 6....................
E xpen d m in u s .
O p e r a tin g e x p e n s e * .
T a x e s ............. ........................ ...............................
.$ 2 4 ,0 0 1 ,8 0 2 • 9
9-12,801 07
3 4 ,0 4 4 1 2
8 0 ,4 8 8 57
5 2 2 ,1 9 1 3 5
.. 1 ,2 9 9 ,2 5 3 0 3
.. 8 ,2 5 3 ,9 4 0 30
1 9 0 ,7 3 4 24
4 7 0 ,5 2 8 33
2 8 ,4 1 0 6 4
■17,892 31
3 5 ,6 9 4 04
4 ,6 4 8 efl
Trackage rentals ...... ............................
R e n ta l o f te r m in a l f a c ilitie s ...........................
R e n ta l o f s te a m e r* .............................. . . . . . . . .
B u tte riu e n t* a m i a d d itio n * .. . . . . . . . . . ..........
in te r e s t o n fu n d e d d e b t....................................
I n te r v a l o n o p e n u w t r a l t ..............................
R inkltnr fo n d c o n trib u tio n * a n d e a r n in g s
G e n e r a l a d m in is tr a tio n e x p e n s e * ...............
L a n d d e p a r tm e n t e x p e n s e s ...........................
T a x e s o n g r a n te d l a u d s ................... ..
........
M isc e lla n e o u s ........................................................
[VOL.
C O M P A N IE S .
R e c e ip t s .
T otal.
G ro s s t r a n s p o r t a t i o n e a r n in g s . No. 6 ___.'.............................$ 3 7 ,8 5 0 ,4 2 9
T rao k u g o r e n t a l s ................................................................................
2s 3,8 6 1
R e n ta l of te rm in a l f a c ilitie s .......................................................
2 1 ,8 7 3
In c o m e fro m I n v e s tm e n ts ................
10,69(1
I n te r e s t on o p e n a c c o u n t s ............................................................
3 8 1 ,8 4 0
E a r n in g s o f s in k in g f u n d s ..................
1 5 1 ,5 2 8
P ro c e e d s fro m s a le o f la u d s a n d to w n s ite s .........................
1 ,0 3 0
P ro c e e d s tro m le a se o f l a n d s a n d to w n s i t e s ......................
3 7 ,3 2 5
M lsoel aueouB r e c e i p ts ...................................................................
8 7 ,3 1 1
71
88
13
05
37
33
14
28
59
T o ta l............................................................................................... $ 3 5 ,9 1 4 ,4 0 3 58
S u r p l u s . . . . ........................................................................................... $ 2 ,9 3 1 ,0 8 6 90
...................... .......................
........
A dd fo r a d ju s tm e n t u n d e r le a s e s .............................................
D e d u c t [o r a d ju s t m e n t u n d e r le a s e s ......................................
..................
4 3 3 ,4 6 0 7 6
S u r p lu s ....................... ........................................................... ............ $ 2 ,5 0 0 ,6 0 6 14
T o ta l............................................. ................................................ $ 3 8 ,8 4 8 ,4 9 0 4 8
C O N S O L ID A T E D IN C O M E A C C O U N T—P R O P R IE T A R Y C O M P A N IE S A N D SO U TH E R N ’ P A C IF I C C O M PA N Y .
D is m is s e s ! knts .
E x p e n d itu r e s , in c lu d in g b e tte r m e n ts a n d a d d itio n s ,
fo r a c c o u n t o f p r o p r ie t a r y c o m p a n ie s w b ic li a re
o p e ra te d b y th e S o u th e rn P a o iile C o m p a n y u n d e r
le a es to t t . . . ............................................ $ 2 5 ,2 5 1 ,6 1 1 83
E x p e n d itu r e s . In c lu d in g b e tte r m e n ts
a n d a d d itio n s f o r a e o o u n t o f p r o
p r ie ta r y c o m p a n ie s w h ic h a r e o p e r
a te d b y t h e i r o w n o rg a n iz a tio n s . . . 1 0 ,0 6 2 ,7 9 1 75
--------------------$35,91-1,403 58
E x p e n d itu r e s in r e s p e c t o f tin e s b e lo n g in g to com p a n
tos w h o se c a p ita l s to c k is o w n e d b y o th e r s t h a n th e
S o u th e rn P acific C o m p a n y .................................................... 1 8 ,6 5 0 ,7 2 8 18
E x p e n d itu r e s o f S o u th e rn P acific C o m p a n y , e x c e p t fo r
d- fle its u n d e r le a s e s f o r o p e r a tio n o f p r o p r ie t a r y
a n d o th e r lin e s ..............................
7 6 4 ,5 3 8 85
B ain n ee t o p ro fit a n d lo s s, viz..:
P r o p r ie ta r y c o m p a n ie s No. 4 .............. $ 2 ,5 0 0 ,6 0 6 11
S o u th e rn P acific C o m p a n y N o. 1 7 . ..
6 4 7 ,2 2 1 79
-----------3 ,1 4 7 ,8 2 7 93
R e c e ip t s .
G ro s s t r a n s p o r ta tio n a n d o th e r r e c e ip ts o f p r o p r ie t a r y
c o m p a n ies w h ich a r e o p e r a te d by th e S o u th e rn
P acific C o m p a n y u n d e r le a s e s to i t . . $ 2 7 ,3 8 2 ,4 0 3 19
G ro ss tr a n s p o r ta tio n a n d o th e r re c e ip ts
of p r o p r ie ta r y c o m p u n le s w h ic h a re
o p e r a te d b y t h e ir o w n o r g a n iz a tio n s 1 1 ,4 6 6 ,0 2 7 29
----------------$ 3 8 ,8 4 0 ,4 9 0 48
G ro s s tr a n s p o r ta tio n a n d o th e r r e c e i p ts In r e pent. to
lin es b e lo n g in g to c o m p a n ie s w h o se c a p ita l s to c k is
o w n e d by o th e r s t h a n th e S o u th e r n P a c ific C o m
p a n y .................................................................................................. 1 8 ,5 3 4 ,5 o 3 86
G ro s s re c e ip ts of S o u th e rn P acific C o m p a n y o th e r th a n
from n o t p ro fits u n d e r le a s e s f o r o p e r a tio u o f p r o
p r ie ta r y a n d o th e r lin e s ..........................................................
1 ,0 9 1 ,4 5 4 20
$ 5 8 ,4 7 7 ,4 5 8 5 4
P R O F IT A N D LO SS
D e b it .
P r e m iu m o n $ 7 1 ,0 0 0 fa c e v a lu e , s te a m s h ip b o n d s p u r
c h a s e d a n d c a n c e l e d ..................... ...........................................
U n c o lle c tib le a c c o u n ts c h a r g e d off. ..................................
Do** o n s e c u ritie s s o ld .................................................................
A d ju s tm e n t w ith p r o p r ie t a r y c o m p a n ie s f o r t h e ir
s h a r e in W ells, F a rg o A Co. E x p r e s s o o n tra o t, c r e d
ite d to p ro fit a n d lo ss In y e a r 1 8 9 3 .................................. .
S O U T H E R N P A C IF IC C O M PA N Y .
$ 3 ,5 5 0 0 0
3 0 ,4 4 4 (0
1 ,5 7 5 00
1 ,3 6 0 ,8 1 7 16
B a la n c e J n n e 30, 1 8 9 8 .....................................................
$ 5 8 ,4 7 7 ,4 9 8 5 4
8 ,8 9 8 ,5 5 2 04
Cr e d it .
B a la n c e J n n e , 30, 1 8 9 7 ...............................................................
B a la n c e fro m in c o m e a c c o u n t No. 1 8 ...................................
S in k in g fu n d c o n trilv u ’f o n s .......................................................
R e n t a l p rio r to J u ly 1, iS 9 7 , o n r e a l e s ta te , &o. a t Dos
A n g e le s ............................................................................................
P ro fits o n p ro p e r ty s o ld ...................................................... . . .
D iv id e n d on c a p ita l s to c k o f M o rg a n 's L o u is ia n a &
T e x a s RR. & 8. S. Co ..................................................
In s u r a n c e fu n d r e s e r v a ti o n o n s te a m s h ip s a n d o th e r
flo a tin g e q u ip m e n t s o l d ...........................................................
$ 7 ,1 0 4 ,3 3 2 93
6 4 7 ,2 2 1 79
7 5 ,0 0 0 0 0
7 4 ,9 2 6 67
2 2 7 ,8 7 6 2 6
1 ,5 0 0 ,0 0 0 0 0
6 7 1 ,5 8 0 55
$ 1 0 ,3 0 0 ,9 3 8 20
$ 1 0 ,3 0 0 ,9 3 8 20
P R O F IT A N D LO SS—P R O P R IE T A R Y C O M P A N IE S .
T o ta l f o r ?,e a r
e n d in g J u n e 30,
D sbuhsem ekts.
18 9 8 .
B a la n c e J u n e 3 0 . 1 - 0 7 ........................
$ 1 ,0 6 6 .7 8 2 2 0
In c o m e a c c o u n t (No. 4) d e fic it....................................................
2 9 ,',0 4 5 21
E x p e n d itu r e * fo r b e tte r m e n ts a n d a d d itio n s p r io r to
2 ,0 9 3 ,4 1 5 0 7
J u ly 1 1807, c h a r g e d o f f .........................................................
E x p e n d itu r e - fo r p r e lim in a r y s u r v e y s p r io r t o J u l y 1 ,
1007, charged off..............................................................
36,893 46
Co«t of s te a m s h ip * a n d o th e r llo a tin g e q u ip m e n t lo s t o r
d e s tr o y e d p r io r to J u l y 1, 18 9 7 , c h a r g e d o ff.................
2 5 9 ,8 6 2
Bor t*I o f p r o p e r ty p r io r to J u l y 1, 1 8 8 7 . ...........................
8 1 ,5 3
E x p e n s e s fo r a c c o u n t o f la n d s p le d g e d f o r th e re d e m p
tio n o f b o n d s ................
3 8 ,5 0 8
P re m iu m no b o n d - p u rc h a s e d a n d c a n c e le d .........................
7 ,6 4 5
.........................
2 3 ,5 5 7
Do ib tr u l a n d u n c o lle c tib le a c c o u n ts c h a r g e d o ff..............
1 4 4 ,7 3 9
D iv id e n d on c a p ita l r io o k ...............................
1 ,5 0 0 .0 0 0
ted v a lu e o f s u b s id y la n d s c h a r g e d o ff..................... * 1 ,8 0 0 ,7 7 6
B a la n c e to c r e d it o f g e n e r a l a e o o u n t, J u n e 30, 1 8 9 8 ___ 3 7 ,9 4 7 ,9 1 2
14
96
45
00
10
44
00
50
49
T o ta l f o r T e a r
e n d in g J u n e 30,
R e c e ip t s .
1898.
$ 3 0 ,6 8 < \7 7 1 73
B a la n c e J u n e 30 , 1897 ....................
B a la n c e a c q u ire d w ith O al. P a r . R R .....................................
2 ,4 5 3 ,3 0 6 5 6
B a la n c e a c q u ire d w ith N o r th e r n R y .......................................
4 ,“ 6 1 ,4 3 2 14
2 ,7 9 2 ,6 5 1 3 5
In c o m e a c c o u n t (No. 4.) p r o f i t .........................
A d ju s tm e n t o f in t e r e s t In W ells, F a r g o A Oo. E x p r e s s
c o n t r a c t .................
1 ,3 6 9 ,0 0 5 3 4
P ro c e e d s fro m s a le o f la n d s p le d g e d fo r re d e m p tio n of
3 2 7 ,2 0 5 31
b o n d s .......................................
S in k in g fu n d c o n tr ib u tio n - a n d e a r n in g s ..............................
4 7 6 ,5 2 8 33
M isc e lla n e o u s c o lle c ti o n s ...........................................................
4, , 0 7 05
B a la n c e to d e b it o f g e n e r a l a e o o u n t .Tune 3 0 , 1 8 9 8 ........ 1, 2 8 ,0 4 2 2 i
T o ta l.
$ 4 4 ,7 9 3 ,7 1 0 02
T o t a l ...................... .........................................................................$ 4 4 ,7 9 3 ,7 1 0 02
P R O P R IE T A R Y C O M P A N IE S A N D S O U T H E R N P A C IF IC C O M P A N Y -C O N S O L ID A T E D S T A T E M E N T O F R E C E IP T S A N D
D IS B U R S E M E N T S FR O M A L L SO U R C E S.
DlBBtJMESOBKTS.
N e w line* a n d p r o p e r ty a c q u ire d . P r o p r i
e ta r y C o m p a n ie s (No. 8 )....... .................. $ 2 2 ,7 2 6 ,6 7 0 02
Capital slock acquired by So. Paeiflo Co.
in pro; rletary and other companies .
104,344 61
——---- — — $ 2 2 ,8 3 1 ,0 2 3 67
S o u th e rn P clfle Co. s ix p e r-c e n t s te a m s h ip b o n d s c a n
c eled (fac e v a lu e r............................. ..........................................
7 1 ,0 0 0 00
ir r e n l a s s e ts .. ................... $ 3 ,1 7 1 ,7 9 2 4 2
Lev* In c re a s e in c u r r e n t lia b ilitie s ...........
l ,1 0 4 ,2 6 9 48
—
------ — - 2 ,0 6 7 ,5 2 2 94
I n c re a s e in c o n tin g e n t a s s e t s . . ..................$ 1 ,1 1 6 .1 3 3 2 1
L e -s in c re a s e In c o n tin g e n t lia b iliti e s ..
2 .0 1 2 ,0 3 8 (0
2 ,1 0 3 ,2 9 5 0
Total
$ 2 7 ,0 7 2 ,8 4 1 71
RECEIPTS.
B a la n c e fro m in o o n ie a c c o u n t (No. 2 ) .,.. $ 3 ,1 1 7 ,8 2 7 93
A d ju s tm e n ts in p ro fit a u d io s * a c c o u n ts .
2 9 0 ,8 3 9 79
----------------------- $ 3 ,4 3 8 0 6 7 72
N e t r e c e i p ts fro m c a p i ta l c r e a te d , o r
ta k e n o v e r. P r o p r ie ta r y C os. (No. 0) .$ 2 1 ,2 0 0 ,3 4 9 5 3
N e t r e c e ip ts fro m c a p ita l c r e a te d , S o u th e ru P a c ific C o m p a n y ................. ..............
6 0 ,1 0 0 00
S te a m s h ip s a n d o th e r p r o p e r ty so ld ,
S o u th e rn P a c ific C o m p a n y .......................
1 ,5 3 4 ,8 5 3 82
------------------------ 2 2 ,8 8 5 ,3 0 3 35
C o lle c tio n o f d e fe rre d a s s e t s ............ ........ $ 1 ,* 5 0 .3 0 3 27
L ess in c re a s e in d e fe rre d lia b i l i t i e s ........
5 0 ) ,432 63
---------------- 7 4 8 ,8 7 0 64
T o ta l
$ 1 7 ,0 7 2 ,8 4 1 71
THE CHRONICLE.
O ctober 22, 1898, J
A SSETS
AND
L ia b il it ie s .
1898.
C a p ita l L ia b ilitie s —
__ _
___
C a p ita l s to c k ..............................................$ 1 2 1 ,0 5 5 ,1 7 0 0 0
S o u th e rn P a c ific C o m p a n y 6 p e r c e n t
s te a m s h ip b o n d s ,d u e J a n . 1 ,1 9 1 1
2 ,5 0 1 ,0 0 0 0 0
L I A B I L I T I E S —S O U T H E R N
$ 9 ,4 7 3 ,9 8 2 69
$ 1 6 3 ,1 2 5
1 3 0 ,3 7 3
2 0 3 ,0 5 9
5 4 4 ,0 0 0
69
18
85
00
$ 1 ,0 4 0 ,5 5 8 69
C o n tin g e n t L ia b ilitie s —
S te a m s h ip in s u r a n c e f u n d ...................
M a rin e in s u r a n c e f u n d ................. .........
R e n e w a l fu n d fo r c a r s ...........................
R e n e w a l fu n d fo r lo c o m o tiv e s ..........
R e n e w a l f u n d f o r flo a tin g e q u ip m ’t.
R e n e w a l fu n d f o r s t r u c t u r e s ..............
I n d iv id u a ls a n d c o m p a n ie s ..................
W ells, F a rg o & Co. c o n t r a c t ................
A u s tin & N o r th w e s te r n R R . C o ........
C e n tr a l T exas & N o r th w e s t’n R y .C o .
H o u s to n A T e x a s C e n tra l R R C o......
L o u is ia n a W e s te rn R a ilr o a d C o ........
M o rg a n ’s L o u is ia n a A T e x a s R a il
ro a d & S te a m s h ip C o ...........................
N o r th e r n R a ilw a y C o m p a n y ..............
S o u th e rn P a c R R . Co o f C a lifo rn ia
S o n th e ru P a c ific R R . Co. o f A riz o n a .
S o u th e r n P a c . R R Co. o f N ew M e x ..
T e x a s A N ew O rle a n s R R C o ..........
T h e D ire c t N a v ig a tio n C o ...................
T o ta l lia b ilitie s .
O c e a n S te a m s h ip s —E l
El
El
_____________________E l
$ 5 7 0 ,0 0 0 0 0
6 6 9 ,4 0 1 82
9 2 ,1 0 0 77
7 3 ,3 2 0 06
1 3 ,3 6 0 0 0
2 0 ,6 0 6 4 3
..................
..................
2 0 ,8 2 9 29
5 ,3 0 3 39
..............
1 1 7 ,3 9 3 91
$ 1 2 0 ,9 9 5 ,0 7 0 00
2 ,5 7 2 ,0 0 0 01
1 ,5 2 0 ,1 7 3 93
................
3 ,8 3 9 ,2 4 4 09
7 2 ,1 8 1 81
2 2 ,4 2 6 69
3 3 5 ,6 2 1 79
1 0 5 ,1 4 0 60
$ 1 4 0 ,5 f 0 00
8 8 4 ,7 0 1 97
5 7 6 ,0 0 0 00
$ 1 ,6 0 1 ,2 0 1 97
75
04
51
06
26
12
95
00
04
97
93
2 ,0 7 5 ,5 1 4 98
2 ,4 0 5 ,3 2 8 36
1 3 ,3 2 2 56
2 1 6 ,7 2 2 28
$ 7 ,4 7 7 ,1 0 4 58
$ 7 ,0 9 9 ,7 3 7 81
.$ 1 4 1 ,5 4 7 ,8 1 5 9 6
$ 1 4 1 ,2 7 5 ,0 3 8 01
$ 8 ,8 9 8 ,5 5 2 0 4
$ 7 ,1 0 4 ,3 3 2 93
$ 1 5 0 ,4 4 6 ,3 6 8 0 0
$ 1 4 8 ,3 7 9 ,3 7 0 94
1897.
$ 1 2 2 ,9 9 0 ,6 5 3
6 7 9 ,8 3 0
9 0 3 ,5 7 7
3 ,0 7 2 ,8 4 5
08
16
67
04
Total...................................
$126,216,396 78 $ 1 2 7 ,6 4 6 ,9 0 5 95
C u rr e n t A ssets—
Face V a lu e.
Capital
stock
Wells,Fargo
& Co...............................$1,650,000
$1,815,00000 $ 1 ,8 0 6 ,8 6 0 0 0
8.5%
P. RR.
Co. of Cal. 1st M. 1,376,000
bonds.......................
218,53031 1 ,0 9 3 ,4 7 5 0 0
G W. T. & P. Ry. Co. 1st
M.
5%
bonds..................
2,224,000
1,334,178
38 1 ,3 3 4 ,1 7 8 38
H.ture
A T.5%
C. bond*...............
RR. Co. Deben 452,000
452,00000
O. A C. RR. Co. 1st M. 5%
bonds..............................
312,12500 2 3 2 ,5 0 0 0 0
Gila
Valley
Globe
A Nor. 401,000
Ry.
Co
5%
bonds.........
270,000
204,145
84 1 1 3 ,3 3 3 3 4
Sierra Ry.Co of Cal. 1st M.
6%
bonds.....................
50,000
50,000
00
5 0 ,0 0 0 00
Cash..........................................
3,955,254577,054 50
2 ,0 0 9 ,5 7 9 13
Agents
and
conductors...............
16
4 9 1 ,1 4 0 04
Individuals and companies...
95,248
43
1,757,568
38
Bills
receivable.......................
2 0 4 ,1 1 4 99
U.
S.
Gov’t
transportation.....
45,369
23
1 9 ,0 5 4 27
Material,
fuel
and
other
supplies...
1,734,789
74
2 ,4 0 0 ,0 7 5 20
Construction advances....................
323 652 51
1 8 ,3 0 2 47
$ 9 ,0 0 6 ,9 7 8 23
$ 1 ,0 1 3 ,0 9 8
5 4 0 ,0 3 6
2 0 4 ,9 3 5
2 5 .1 2 0
7 4 .0 2 0
1 -.6 1 4
3 ,1 1 7
6 9 ,8 4 0
19,771
5 ,0 2 6
4 1 4 ,3 1 8
C O M PA N Y .
A SSETS.
C a p ita l A s s e ts —
1898.
S t’k o w n e d in p r o p ’t a r y co*s, N o. 1 9 .$ 1 2 3 ,3 8 5 ,2 0 3 89
“
“
le a s e d lin e s , N o. 1 9 ...
4 0 0 ,0 0 0 00
“
“
o th e r c o m p ’s, N o. 1 9 .
8 9 3 ,2 0 1 67
S te a m s h ip s A o th e r flo a t’g e q u ip m ’t.
* 1 ,5 3 7 ,9 9 1 22
1897.
$ 1 2 3 ,5 5 6 ,1 7 0 00 $ 1 2 3 ,5 6 7 ,0 7 0 00
C u r r e n t L ia b ilitie s —
$ 9 ; 3 ,0 7 5 53
L o a n s a n d b ills p a y a b le ....................... $ 1 ,4 2 5 ,0 0 0 00
1 ,2 9 9 ,1 3 7 69
1 ,2 4 1 ,3 6 1 15
A u d ite d v o u c h e r s ....................................
1 ,8 0 3 ,5 0 4 4 4
2 ,1 2 9 ,0 9 7 79
A u d ite d p a y - r o lls .....................................
2 8 ,3 5 6 35
In d iv id u al® a n d c o m p a n ie s ......... .
2 4 5 ,3 4 3 63
3 4 7 ,8 9 9 33
D e p o s ito r s ...................................................
6 5 2 ,7 7 6 4 6
7 7 1 ,7 1 9 28
P a c ific Im p r o v e m e n t C o m p a n y ........
1 3 0 ,0 8 0 69
1 0 0 ,7 2 9 73
T raffic b a la n c e s ............................ ...........
In te re s t coupons due, b u t n o t p re
1
5
9
.7
1
2
50
89,*65 00
s e n te d ................................................. .
2 ,3 7 7 ,6 3 0 0 0
2 ,4 5 2 ,9 5 0 00
I n t e r e s t c o u p o n s d u e J u ly 1 s t ........
I n t e r e s t o n b o n d s a c c ru e d to J u n e
837,4 9 0 5 0
8 3 2 ,4 9 0 49
30 , b u t n o t d u e ..................................
D iv id e n d p a y a b le to C e n tra l P a c ific
2 1 7 .7 1 3 43
3 9 5 ,3 2 6 93
s to c k h o ld e rs J u ly 1 ,1 8 9 7 ---------D e fe r r e d L ia b ilitie s —
In d iv id u a ls a n d c o m p a n ie s .................
T a x e s e s tim a te d to J u n e 3 0 , 1 8 9 7 ..
C e n tr a l P a c ific R a ilr o a d C o................
W ells, F a rg o & Co. c o n tr a c t..............
P A C IF IC
849
T o t a l .......................................
$ 1 2 ,8 7 4 ,9 1 6 48
D e fe rre d A ssets—
S te a m s h ip E i R io a n d t u g E l T o ro ..
..................
R iv e r s te a m e r s a n d b a r g e s . ................
$ 2 3 ,6 0 0 0 0
R e a l e s ta te a n d t e r p ro p ., S a n F r a n .
2 , 0 0 1,7 3 7 97
R e a l est. a n d te r . p ro p ., o th e r p la c e s .
9 7 7 ,7 1 6 04
C re o so tin g a n d b u r n e tliz in g w o rk s ,
C a lifo rn ia ..................................................
1 2 5 ,6 7 2 38
R o llin g s to c k ..............................................
1 4 7 ,2 7 4 03
I n d iv id u a ls a n d c o m p a n ie s ..................
..................
4 2 ,2 3 8 4 4
S o n o ra R a ilw a y C o m p a n y ...................
U . S. G ov’t t r a n s p o r t s , P a c . S y s te m .
7 2 9 55 9 3 7
$ 9 ,7 7 5 ,6 7 2 82
T o t a l .......................................................
C o n tin g e n t A s s e ts —
F ace V a lu e.
G. H .A S . A . R y .M .P . e x t.
2d m o r t .............................. $ 1 ,1 1 0 ,0 0 0
In d iv id u a ls a n d c o m p a n ie s .................
U n a d ju s te d a c c o u n ts .............................
F o r t W o rth A N e w O rle im s R y . C o . .
G a lv H ’b u rg A S a n A n to n io R y . Co.
G u lf W e s te rn T e x a s A P a c . R y. C o ..
H o u s to n A T e x a s C e n tr a l R R . C o ...
L o u is ia n a W e s te rn R R . C o ..................
N e w Y o rk T e x a s A M e x ic a n R y . C o .
S o u th e rn P a c ific R R . Co. o f C a l..........
S o u th . P a c ific R R Co. o f N . M e x ic o .
O re g o n A C a lifo rn ia R R . C o ................
C o n st’n advance® to p ro p , c o m p a n ie s .
$ 4 ,2 5 5 ,6 1 2 0 0
T o t a l ...................................
$ 5 7 7 ,3 6 8
2 3 ,6 0 0
2 ,0 0 0 ,0 1 6
7 3 1 ,1 8 7
67
00
05
28
1 2 5 ,6 0 3 3 0
1 2 9 ,7 0 4 9 2
3 3 ,7 3 3 63
6 3 4 ,3 9 8 15
$ 4 ,0 4 7 ,7 9 8 23
$ 2 7 7 ,5 0 0 0 0
2 ,0 2 2 97
2 ,1 7 0 ,4 4 0 8 4
2 1 ,2 7 0 0 0
8 3 8 ,6 4 3 80
3 0 ,6 7 2 07
2 ,6 6 3 53
..................
3 7 4 ,5 6 8 3 8
. . . . ........
..................
3 ,5 8 9 ,4 7 4 92
..................
$ 2 7 7 ,5 0 0 0 0
1 ,3 5 8 ,0 1 4
1 3 ,0 7 6
1 ,0 9 9 ,0 1 0
3 4 ,7 5 6
21
17
00
79
9 6 ,9 3 0
6 0 1 ,6 6 6
657
1 0 9 ,'"3 8
3 ,1 0 7 ,6 7 2
2 ,1 5 7
36
63
84
60
34
23
$ 7 ,3 0 7 ,2 5 6 51
$ 6 ,7 0 1 ,1 8 0 17
T o t a l ......................... ............................. $ 1 5 0 ,4 4 6 ,3 6 8 C0
$ 1 4 8 ,3 7 9 ,3 7 0 9 4
♦ St e a m s h i p s a n d O t h e r F l o a t in g E q u ip m e n t O w n e d .
D o ra d o ............................................................3 ,5 3 1 to n s
R iv e r S te a m e rs —H e r a ld ....................................................J . . ................... 2 04 to n s
M a r..................................................................3 ,5 3 1 “
D. E . K n ig h t.................................................................217 “
M o n te ............................................................. 3.531 “
K night, N o. 2 ......... ....................................................2 4 ^ “
P a s o .................................................................. 3.5 31 “_____ B a rg e s —A c m e .. .2 9 5 to n s , N i c o l a u s . , .7 0 0 to n s , O r o v ille ...8 0 0 to n s
A SS E T S A N D L I A B I L I T I E S - P R O P R I E T A R Y C O M P A N IE S .
T o ta l
J u n e 3 0 ,1 8 9 8 .
T otal
J u n e 30, 1897.
$ 1 9 7 ,2 5 7 ,5 5 2 0 0
. 1 5 6 ,9 8 3 ,6 0 1 2 4
$ 1 8 2 ,2 5 1 ,7 5 2 00
1 5 0 ,6 9 9 ,0 5 1 7 1
L ia b il it ie s .
C a p ita l L i a b l i l i e s —
T o ta l
Assets.
J u n e 3 0 ,1 8 9 8 .
C a p ita l A sse ts—
C o st of r o a d a n d f r a n c h is e ................. $ 3 7 9 ,7 3 6 ,5 2 0 0 4
$ 3 5 7 ,0 0 9 ,8 4 1 0 2
j
$ 3 5 4 ,2 4 1 ,1 5 3 24
C u r r e n t L ia b ilitie s —
L o a n s a n d b ills p a y a b l e ...................
V o u c h e rs a n d p a y - r o lls ...................
P a c ific I m p r o v e m e n t C o ................
I n d iv id u a ls a n d c o m p a n ie s ............
C o u p o n s d u e h u t n o t p r e s e n te d .
C o u p o n s d u e to J u l y l i t ..................
I n t e r e s t o n b o n d s to J u n e 3 0 th .
T raffic b a la n c e s ..................................
D e p o sito r® ..............................................
$ 9 7 0 ,1 6 0 68
3A ft! ft AS
3.751 2 7
3 7 5 ,9 7 9 67
4 2 8 ,1 0 7 50
4 8 2 ,1 4 4 14
8 0 ,0 0 7 19
5 2 3 ,0 5 7 4 7
T o t a l ........................................................
D e fe r r e d L ia b ilitie s —
In d iv id u al® a n d c o m p a n ie s ..
T a x e s a s s e s s e d b u t n o t d u e..
U n a d ju s te d a c c o u n ts ...............
S ir k in g fu n d s , u n in v e s te d ...
$ 2 3 ,9 4 5
1 0 5 ,4 7 7
2 ,7 6 0
5 0 6 ,5 3 0
T o ta l.,
56
00
00
30
$ 6 3 8 ,7 1 2 86
C o n tin g e n t L ia b ilitie s —
I n d iv id u a ls a n d c o m p a n ie s ............... .
R e n e w a l f u n d s ........................................
U n a d ju s te d a c c o u n ts ............................
S o u th e rn P a c ific C o ...............................
S o u th e rn D e v e lo p m e n t C o ................
A u s tin A N o rth w e s te r n R R . C o ........
C ent. T e x a s A N o rth w e s te r n R y . Co,
to n io R y . Co.
H o u s to n A T e x a s C e n tra l R R C o ...
M o rg a n ’s L a. A T e x a s R R . A 8S. Co,».
N ew Y o rk T e x a s & M ex ic a n R
T e x a s & N ew O rle a n s R R . Co.
T h e D ire c t N a v ig a tio n C o ...................
P r in c ip a l o f d e fe rre d p a y m e n ts onL
la n d c o n t r a c t s ...........................
T o t a l ............................................
$ 2 ,8 9 8 ;,1 2 6 3 7
$ 1 1 0 ,1 1 3 54
2 9 ,8 5 1 13
3 9 4 ,5 6 9 83
1 ,4 8 2 ,9 3 0 58
6 1 9 ,8 2 5 42
4 85
2 3 ,4 6 7 55
1 9 0 ,3 0 8
2 ,7 2 8
2 6 3 .9 7 1
7 2 ,6 8 1
7 1 ,7 9 7
1 ,3 3 3 ,6 6 0
4 0 ,2 7 7
91
80
31
52
47
49
63
$ 3 3 2 ,9 5 0 ,8 0 3 71
$ 5 ,7 5 0 00
8 1 9 ,5 6 8 85
________
2 9 4 ,3 2 9 17
2 7 4 ,4 0 0 0
4 9 0 ,0 2 4 99
2 8 .9 6 1 36
3 4 7 ,3 2 8 98
C u rr e n t A ssets—
S to c k s a n d B o n d s (No. 1 3 ).......... .........
I C a sh .................................................................
A g e n ts a n d c o n d u c to r s .........................
B ills r e c e i v a b le ........................................
P a c ific Im p r o v e m e n t C o m p a n y .........
In d iv id u a ls a n d c o m p a n ie s .................
U i . T r a n s ’n & A tla n tic p r o p e r ti e s
M a te ria l, fu e l a n d o th e r s u p p l i e s . . .
T raffic b a la n c e s ........................................
T otal
J u n e 3 0 ,1 8 9 7 .
T o ta l
71/>
$ 3 ,9 6 6 ,0 0 1 4 9 .
In d iv id u a ls a n d c o m p a n ie s ................
U n a d ju s te d a c c o u n t s .............................
S ta te of T e x a s s u b ’d y la n d s 6 9 4 ,1 4 1
a c r e s .......................................................
O th e r la n d s in S ta te o f T e x a s 1 30,013 a c r e s .......................................... .
$ 1 0 7 ,8 2 3 7 0
9 .5,49 0 0 7 L a n d n o te s a n d c o n t r a c t s ...................
i
O
th
e r p r o p e r t v ..........................................
3 7 6 ,1 8 2 44
| S in k iu g f u n d s ............................................
$ 5 7 9 ,5 0 2 21
T o t a l......................................................
6 3 \ 4 1 5 73
5 9 ,0 3 0 31
7 ,3 7 3 62
1 7 0 ,3 4 6
5 62
1 3 2 ,2 9 6
6 8 ,0 4 0
1 8 7 ,3 0 1
1 ,1 6 4 ,9 4 2
7 7 ,1 1 5
27
12
10
59
63
10
75
$ 1 ,0 0 1 ,4 6 5 0 0
7 5 9 ,3 2 5 7 5
8 1 ,9 1 9 92
1 0 1 ,0 6 9 3 4
2 6 5 ,1 9 0 76
2 8 6 ,0 5 9 07
6 5 ,3 6 3 71
1 ,3 3 3 ,0 5 9 18
..................
$ 3 ,8 9 3 ,4 5 2 7 3
A
$ 2 ,2 6 0 ,8 6 1 35
$ 1 0 7 ,2 3 5 78
9 1 6 ,1 7 0 0 0
9 1 5 ,7 1 3 58
8 7 .7 0 8 60
8 2 ,8 8 6 6 4
3 1 5 ,9 2 8 35
2 6 0 ,1 2 6 99
1 6 2 ,3 8 12
1 ,1 9 4 ,2 6 4 3 2
3 0 ,8 2 4 89
$ 2 4 1 ,3 2 2 83
8 ,3 6 6 21
$ 4 1 ,2 1 2 88
6 3 0 ,2 6 1 0 6
2 ,1 7 9 ,9 7 3 7 4
2 9 3 ,8 6 8
2 ,5 0 1 ,3 6 5
1 1 ,4 9 3
3 ,7 1 5 ,1 1 5
19
04
60
22
$ 7 ,4 0 1 ,7 9 2 15
Gontinr, e n l A ssets —
In d iv id u a ls a n d c o m p a n ie s ..................
$ 1 3 0 ,9 1 6 17
U n a d ju ste d a c c o u n ts ..............................
2 3 7 ,2 2 5 7 3
S o u th e rn D e v e lo p m e n t C o...................
6 0 3 ,1 7 6 98
S to c k in P r o p r ie ta r y Co’s (No. 1 3 ) ..
5 8 3 ,1 5 1 46
S o u th e rn P a c ific C o m p a n y .................
6 ,3 3 0 ,5 1 2 46
M isc e lla n e o u s s to c k s ...............................
365 0 0
A u stin A N o r th w e s te r n RR. C o ........
7 4 ,0 6 1 30
C ent. T e x a s A N o r th w e s te r n R R Co.
1 3 6 ,5 1 9 98
I F o r t W o rth A N ew O rle a n s R y. C o ..
8 1 ,8 6 2 43
, G alv . H ’b u rg A S a n A n to n io R y . C o.
9 8 2 ,2 9 6 27
G u lf W estern T e x a s & P a c . R y C o,.
63*547 98
H o u s to n A T e x a s C e n tr a l RR. C o ... •
15<’,5 2 5 59
Ib e ria A V e rm ilio n R R C o...................
2 ,6 4 5 .9 7
M o rg a n ’s L a & T e x a s R R A S.S. Co.
2 6 ,0 6 0 41
N ew Y o rk T e x a s A M e x ic a n Ry. Co.
2 9 4 ,8 0 5 34
T e x a s A N ew O rle a n s R R . C o ............
9 9 ,7 4 6 23
T h e D ire c t N a v ig a tio n C o ....................
1 1 5 ,2 6 3 63
2 9 0 ,0 1 6
2 ,8 5 0 ,0 5 1
1 1 ,4 9 3
3 ,0 7 1 ,5 3 4
19
21
60
03
$ 8 ,4 4 1 ,2 8 1 65
$ 1 1 6 ,5 6 6
2 6 ,3 1 3
6 0 3 ,1 7 6
5 8 3 ,1 5 1
3 ,1 9 4 ,1 6 8
365
8 4 ,3 9 1
87
54
98
46
73
00
67
5 5 ,2 8 0
8 67,591
3 7 7 ,3 0 7
5 9 ,0 2 8
7 ,7 0 3
2 6 ,0 0 1
2 1 9 ,0 5 0
1 1 9 ,7 2 0
6 2 ,808
28
99
00
08
82
74
61
24
06
2 ,3 7 7 ,9 4 4 83
2 ,7 6 9 ,9 5 2 53
$ 7 ,0 1 9 ,1 3 3 86
$ 5 ,3 8 3 ,6 1 2 53
T o t a l.........................................................
$ 9 ,9 1 2 ,6 8 2 9 3
. $ 3 7 ,9 4 7 ,9 1 2 49
$ 3 5 ,6 4 2 ,2 0 3 87
P r o fit a n d lo s s .............................................
$ 1 ,7 2 8 ,0 4 2 21
$ 1 ,0 6 6 ,7 8 2 2 0
.$ 4 0 2 ,7 4 5 ,0 3 6 82
$ 3 7 6 ,8 1 6 ,9 8 3 67
T o ta l a s s e t s ..........................................$ 4 0 2 ,7 4 5 ,0 3 8 8 2
$ 3 7 6 ,8 1 6 ,9 8 3 6 7
.
$ 6 ,4 0 2 ,6 2 6 0 7
THE CHKONICLE,
850
SO U T H E R N '
P A C IF IC C O M P A N Y -C A P I T A L ST O C K
IV ol. L x v ii,
O W N E D IN P R O P R IE T A R Y
C O M P A N IE S .
C O M P A N IE S ,
LEA SED
L IN E S A N D
------------------- J u n e so, /SqS.
P a r V a lu e.
N amk. o r C o m p a n y .
OTHER
Cost.
Proprietary Companies:
$ 1 ,0 0 8 ,0 0 0 0 0
A u s tin A S w ttlV M W n i R H . C o....................... - .............................
C e n tr a l T e x a s .v N o r th w e s te r n R y . C o .......................................
F o r i W o n h A N ow O rle a n s R y . C o .................................................
G a lv e s to n H .r r l s b n r g A S o n A n to n io R y . Co. .........................
H o u s to n A T e x a n C e n tr a l H R . Co........................... ....................
L o u is ia n a W .s te r n U R . C o . . . . . ....................................................... ■
M o rg a n 's L o u is ia n a A T e x a n R R . A S te a m s h ip C o .................
N ew Y ork T e x a n A M e x ic a n R y . C o............... ..............................
S o u th P a c ific C o a s t R y . C o .................................................................
S o u th e rn I'ao tllo R R Co. (o f A riz o n a ) .......................................
S o u th e rn P a o ltle R R . Co. (of C a lifo rn ia )....................... ..............
S o u th e rn P a o ltle R R , Co. o f N ow M e x ic o ....................................
T e x a s A N ow O rle a n s U R . C o ...........................................................
200,000 00
3 0 0 .0 0 0
2 7 ,0 3 8 .9 0 0
9 ,5 9 8 ,4 0 0
3 ,m 0 ,0 0 0
1-1,995,000
6 1 5 .0 0 0
5 ,9 9 3 ,0 0 0
1 9 ,9 9 2 .f 0 0
8 6 ,0 6 ',6 8 9
0 ,8 8 6 ,3 0 0
•1,-9 7 ,5 0 0
00
00
00
00
00
00
00
00
00
00
00
$ 1 2 3 ,3 S 5 ,2 0 3 89
$ 1 8 1 ,0 0 4 ,3 8 9 00
L e a s e d L in e s :
O re g o n A C a lifo rn ia R R . Co,
$ 4 ,0 0 0 ,0 0 0 0 0
$ 100,000 00
$ 1,000,000 00
Outer Companies:
M e x ic a n I n te r n a tio n a l R R . C o .................................. ...................................................................................................
M is c e lla n e o u s ........................... ................................................................... ........................................................................
$ 4 ,1 7 2 .1 0 0 00
6 7 ,3 0 .'0 0
T o t a l ....................................................................................................................................................................................
$ 4 ,2 3 9 ,4 0 0 0 0
$ 8 9 3 ,2 0 1 67
$ 1 8 9 ,2 4 3 ,7 8 9 00
$ 1 2 4 ,6 7 8 ,4 0 5 5 6
The M o rg a n 's L o u is ia n a <!■ T exas R R . <£ S S . Co. is t h e o w n e r o f th e fo llo w in g c a p ita l s to o k in th e
fo llo w in g c o m p a n ie s :
G u lf W e s te rn T e x a s A P a c ific R y . C o........................................................................ ................................................
T h e D ire c t N a v ig a tio n C o.................................................................................................................................................
I b a r is & V e rm ilio n R R . Co...... ........................................................................................................................................
A te h a f a 'u y a B a y C o.......... - ..............................................................................................................................................
B uffalo B a y o u S h ip C h a n n e l C o...................................................................................................................................
$ 4 9 6 ,5 0 0
5 0 ,0 0 0
3 0 0 ,0 0 0
2 4 ,5 0 0
5 ,0 5 4
00
00
00
00
00
$ 5 8 3 ,1 5 1 4 6
$ 8 7 6 ,0 5 4 00
T o ta l
P R O P R IE T A R Y C O M P A N IE S —R O L L IN G ST O C K A N D F L O A T IN G E Q U IP M E N T O W N E D .
T ota l
ow n ed
J u n e 30,
R o l l in g S t o c k .
1897.
L o c o m o tiv e s............. ...................................
749
In
thorough
order .......................
In
good order.................................
Requiring
repairs..........................
In
Outshop.............................................
of service.................................
D e stro y e d or
s o ld ,c r e d it e d
to R e n e w a l
fu n d .
14
A d d e d a n d c h a r g e d to
Renew al
fu n d .
In c o m e
a cco u n t.
C a p it a l
a cco u n t.
. . . .
. . . .
.A S -
1898.
7 35
267
259
152
57
3
_
__
—
Baggage, mail and express..........
Business..........................................
Chairposits
and parlor............................
......................................
Compartment ...............................
Combined
passenger
and baggage
Dining.............................................
Passenger....
...................................
Postal...............................................
Sleeping-first-class.......................
Tourist.............................................
Total...........................................
T o ta l
ow ned
J u n e 30,
P a sse n g e r E q u i p m e n t :
1 75
14
6
3
4
55
5
467
10
71
41
Box....................................................
Caboose.............................................
Flat...................................................
Fruit ................................................
Furniture..........................................
PGondola..............................
it..................................... ...............
Refrigerator.....................................
Stock............................................
Tank..................................................
1
18 0
15
6
3
6
1
. ...
__
. . . .
...
__
4
. . . .
o
2
1 •
3
2
4
3
__
—
851
13
12
9 ,8 7 2
299
6 457
808
242
1,251
15 0
2
423
6
2
31
563
2
236
2
20
4
__
__
. . . .
. . . .
. . . .
52
5
484
14
09
37
24
869
F r e ig h t E q u i p m e n t:
Total...........................................
R o a d S e rv ic e :
Ballast...............................................
Derrick and trader....................
Dump.........................................
Miscellaneous ..............................1.
PH" driver and tender....................
Sfatlon.....................................
Water........................................
T o tal.....................................
19
40
2
40
126
420
27
73
4
29
4
1 9 ,502
691
91 2
38
44
21
__
3
3
3
ft
9
13
78
128
293
15
io o
102
10
1 9 ,8 7 7
1 02
49
21
9
13
. . . .
1 24
102
404
86
. . . .
12
-
102
i
4
1 0 ,2 5 6
299
6 ,2 2 1
804
2 40
1 ,3 0 5
2
181
492
77
. . . .
F L O A T IN G E Q U IP M E N T .
M o r g a n ' s L o u is ia n a a T e x a s R a il r o a d & S t e a m s h ip C o .—“ M o r g a n L i n e " —
Tons.
Tons.
E - s r - I j h , Iro n ......................... A lg lo rs ............ 2 ,2 9 4 . .. E x c e l s i o r . ...3 ,2 6 4
A r a n s a s . . . . . 1 , 1 5 7 .. . .G u s a i e ............ 998
Chalmette...2,983 ...Morgan........ 094
Cilaton........1,187....Whitney.......1,338
C a r 1r e n t i e r s te a m e r s a t N e w O r le a n s , L a .—
C a r t i e r ...........1 ,7 4 9 .. . . E n d e a v o u r .. 8 3 4
R iv e r « ie a r n e r s ..
...............B a g g a s s e ........
5 7 ___ S a c o h a r ln o .. 2 1 8
R a to o n ............
5 2 ___ S u g a r l a n d . .. 241
Tons.
T u g s .............
B a r g e s , e tc .
Ton s
C r io k e tt.......
1 5 . . . . J u n o ..................
80
E l C h ic o —
1 0 6 — P ic a y u n e ,___
23
B IM o z o ........ 1 0 4 . . . . R e s tle s s ........ .
53
.A d e l i n e . .. C a r o l i n e . .. H a r l a n . .. R a m o s
A lic e ..........E n te r p r is e . M a ti ld a ... R e b e c c a
B e lle ......... G r a c e ...........M i n n a . . ..S f c M a ry
2 d e r r ic k b o a t s . . ........1 s te a m p ile d r i v e r
2 s t's liip s t e m d o c k s .. 1 d re d g e b o a t
O ctober
THE CHRONICLE,
22,1898,1
851
C H IC A G O B U RLIN G TO N & Q UIN CY R R .C O .
G ro s s E a r n in g s p e r to n p e r m ile in 1 8 9 7 -8 ........................
I n 1 8 9 6 -7 ......................................................................................
0 -9 1 9 o e n ts.
0 867 “
I n c r e a s e in 1 8 9 7 -8 ................................................................
0*052 c e n ts.
FORTY-FOURTH ANNUAL REPORT—FOR THE YEAR
ENDED JUNE 30, 1898.
M iles r u n b y F r e ig h t T r a in s in 1897-8 ( s ta n d a r d g a u g e )
I n 1 8 9 6 -7 ...............................
1 8 ,8 4 9 ,7 7 5
1 5 ,9 1 5 ,2 6 7
September 14, 1898.
2o the Stockholders o f the Chicago \ Burlington & Quincy
Railroad Company:
Your Directors submit the following report of the opera
tions of the Company for the year ended June 30, 1898:
C h ic a g o ,
* E A R N IN G S A N D E X P E N S E S .
The Gross Earnings of the Company, including those of
all leased and controlled railroads, have been:
..............................
From
Passengers...................................
From Mail,Express
and Miscellaneous
F r o m F r e i g h t ..................-
$ 3 0 ,5 4 3 ,6 3 9 88
8 ,1 5 3 ,0 4 2 17
4 ,1 0 3 ,4 8 0 2 8
2 ,6 2 5
2 ,2 1 7
I n c r e a s e i n 1 8 9 7 -8 ...................................................................
408
N o t e .— T h e E a r n in g s a n d E x p e n s e s o f a ll r o a d s o w n e d o r c o n tro lle d
b y th e C. B . & Q. R R . Co. a r e in c lu d e d a b o v e ; b u t t h e to n s a n d p a s
s e n g e rs c a r r ie d o n e m ile do n o t in c lu d e th o s e o f th e n a rro w -g a u g e
ro a d s , fo r w h ic h n o s u o h s ta t is tic s a r e k e p t. I n fig u r in g th e e a r n in g s
p e r t o n a n d p e r p a s s e n g e r p e r m ile , t h e f r e ig h t a n d p a s s e n g e r e a r n in g s
o f th e n a rro w -g a u g e r o a d s h a v e th e r e f o r e b e e n e x c lu d e d .
C A P IT A L S T O C K .
The Capital Stock of the Chicago Burlington & Quincy
Railroad Company, in which there ha? been no change since
the date of last report
2 7 ,8 1 0 ,8 8 6 0 4
i s ....................................................................................................$ 3 2 ,0 0 2 ,8 0 0 0 0
C a p ita l S to o k o f t h e B u r lin g to n & M iss o u ri
R iv e r R R . Co. (Io w a ) o u ts ta n d in g o n
J u n e 3 0 ,1 8 9 8 , w a s ...............................................................
1 ,4 0 0 0 0
The Expenses have been:
N e t E a r n in g s f r o m O p e r a tin g ...... ...........
$ 1 4 ,9 8 9 ,2 7 6 29
Add for—
O th e r In o o m e a n d I n t e r e s t .....................
$ 4 5 7 ,3 3 1 34
N e t R e c e ip ts o f B . & M. R R . in N e
b r a s k a a n d H . & S t J . R R . L a n d D e
p a r tm e n ts fo r th e y e a r ...........................
7 6 ,8 2 9 95
-------------------------
5 3 4 ,1 6 1 29
T o ta l n e t R e c e ip ts ............................................................... $ 1 6 ,5 2 3 ,4 3 7 58
Charges have been:
$ 8 ,2 5 1 ,4 6 6 0 0
4 1 0 ,5 6 « 35
7 7 8 ,6 1 2 25
-------------------------
9 ,4 4 0 ,6 4 4 60
Dividends have been paid as follows:
$ 8 2 0 ,0 2 8 0 0
8 2 0 .0 2 8 00
1 ,0 2 5 ,0 3 5 0 0
1 ,0 2 5 ,0 3 5 0 0
-------------------------
A g g re g a te of C a p ita l S to c k o n J u u e 3 0 , 1 8 9 3 .,..................$ 8 2 ,0 0 4 ,2 0 0 0 0
N o t e .— T h e C. B . & Q. R R . Co. o w n s a n d h o ld s in its t r e a s u r y a lm o s t
a ll of th e c a p i ta l s to c k of th e r a ilr o a d c o m p a n ie s c o n tro lle d b y i t. F o r
a d e ta ile d s t a t e m e n t o f th e a m o u n t o f su o h s to c k o u t s t a n d i n g a n d th e
a m o u n t o w n e d b y th e C. B. & Q. See p a g e 5 2 o f p a m p h le t r e p o r t.
FU N D ED DEBT.
The Funded Debt of the Chicago Burlington & Quincy
RR. Co. on December 31, 1896
w a s ....................................................................... ..................$ 1 2 8 ,8 2 9 ,9 0 0 0 0
$ 6 ,0 8 2 ,7 9 2 9 8
S e p te m b e r 15, 1 8 9 7 , 1 p e r c e n t ..............
D e c e m b e r 15, 1 8 9 7 , 1 p e r c e n t ..............
M a rc h 1 5 , 1 8 9 8 , l i t p e r c e n t .................
J u n e 1 5 , 1 8 9 8 , 1 H p e r c e n t .....................
2 ,9 3 4 ,5 0 8
$ 4 2 ,8 0 0 ,1 6 2 33
O p e r a tin g E x p e n s e s .................................. $ 2 6 ,2 7 2 ,2 1 8 4 2
T a x e s . . . . ___7 ................................................
1 ,5 3 8 ,6 6 7 62
I n t e r e s t o n B o n d s .........................................
R e n t o f T ra o k s a n d D e p o ts .....................
S in k in g F u n d s ................................................
I n c r e a s e in 1 8 9 7 -8 ...................................................................
M iles r u n b y F r e ig h t T r a in s p e r m ile o f r o a d o p e r a te d
in 1897-8 ( s ta n d a r d g a u g e ) ................................................
I n 1 8 9 8 -7 .........................................................................................
3 ,6 9 0 ,1 2 6 0 0
There were issued during the eighteen months
ended June 30, 1898, Bonds as follows :
C. B. & Q. C o n s o lid a te d M o r t
g ag e 7 p e r c e n t B o n d s of
1903 is s u e d f o r S c rip s u r
r e n d e r e d ....................................
C. B. & Q. Io w a D iv isio n 4 p e r
c e n t B o n d s of 1 9 1 9 s o ld ___
B . *fc M. R. R R . in N e b r. C o n
s o lid a te d M o rtg a g e 6 p e r
c e n t B onds o f 1918 s o ld ___
$ 2 ,0 0 0 00
2 0 7 ,0 0 0 0 0
5 4 7 ,0 0 0 0 0
$ 7 5 6 ,0 0 0 0 0
$ 2 ,3 9 2 ,6 6 6 98
F ro m w h ic h th e D ire c to rs h a v e c a r r ie d to “ R e n e w a l
F u n d ” th e s u m o f .....................................................................
1 ,0 0 0 .0 0 0 00
S u r p lu s fo r th e r e a r ...........................................................
$ 1 ,3 9 2 ,6 6 6 98
1 8 9 7 -8 C O M P A R E D W IT H 1 8 9 6 -7 .
G ro s s E a r n in g s fro m O p e ra tin g in 1 8 9 7 -8 . . . ..................... $ 4 2 ,8 0 0 ,1 6 2 33
I n 1 8 9 6 -7 ....................................................................................... 3 5 ,5 2 6 ,1 8 6 4 9
I n c r e a s e In 1 8 9 7 -8 .................................................................. $ 7 ,2 7 3 ,9 7 5 84
O p e r a tin g E x p e n s e s a n d T a x e s in 1 8 9 7 -8 ..............................$ 2 7 ,8 1 0 ,8 8 6 04
I n 1 8 9 6 -7 ........................................................................................ 2 2 ,6 8 1 ,7 6 8 96
I n c r e a s e in 1 8 9 7 -8 .................................................................. $ 5 ,1 4 9 ,1 1 7 08
N e t E a r n i n g s fr o m O p e ra tin g i n 1 8 9 7 -8 ................................ $ 1 4 ,9 9 9 ,2 7 6 29
I n 1 8 9 6 -7 ....................................................................................... 1 2 ,8 6 4 ,4 1 7 53
I n c r e a s e i n 1 8 9 7 -8 ................................................................. $ 2 ,1 2 4 ,8 5 8 7 6
P e r c e n ta g e o f O p e r a tin g E x p e n s e s (inolud-ing T a x e s) to
G ro s s E a r n in g s in 1 8 9 7 -8 ....................................................
I n 1 8 9 6 -7 ..................... ...............................................................
6 4 98
63-79
In o r e a s e in 1 8 9 7 -8 .................................................................
1 19
T o ta l n u m b e r o f P a s s e n g e rs c a r r ie d o n e m ile in 1S 9 7 -8 ,
e x c lu s iv e o f F r e e M ile a g e ................................................
I n 1 8 9 6 -7 ........................................................................................
3 6 2 ,3 0 2 ,5 1 0
3 1 6 ,0 2 1 ,5 0 1
I n c r e a s e in 1 8 9 7 -8 .................................................................
4 6 ,2 8 1 ,0 0 9
G ro s s E a r n i n g s fro m P a s s e n g e rs in 1 8 9 7 -8 ......................... $ 8 ,1 5 3 ,0 * 2 17
I n 1 8 9 6 -7 ...................................................................................... 7 ,2 2 6 ,2 6 5 7 6
I n c r e a s e in 1 8 9 7 -8 .................................................................
$ 9 2 6 ,7 7 6 4 1
The reductions during the eighteen months
were as follows:
B o n d S c rip e x c h a n g e d fo r C.
B. & Q. C o n s o lid a te d M o rt
g a g e 7 p e r c e n t B o n d s of
1 9 0 3 a n d c a n c e le d ............... $ 2 ,0 0 0 00
Purchased for Sinking
Funds and canceled :
C. B . it Q. 4 p e r c e n t B o n d s o f
1919 (Io w a D iv isio n ) ........ 2 2 8 ,0 0 0 0 0
C. B. <fc Q. 4 p e r c e n t B o n d s of
1927 (N e b ra sk a E x t e n s io u 6 2 0 ,0 0 0 0 0
---------------- 8 5 0 ,0 0 0 0 0
N i t D e c re a s e o f F u n d e d D e b t d u r in g t h e e ig h te e n
m o n th s ..........................................................................................
9 4 ,0 0 0 00
T o ta l F u n d e d D e b t o f th e C. B . *fe Q. R R . Co. on J u n e
3 0 ,1 8 9 8 .......................................................................................$ 1 2 8 ,7 3 5 ,9 0 0 0 0
O u ts ta n d in g F u n d e d D e b t o f c o n tro lle d
r a ilr o a d c o m p a n ie s on D e c e m b e r 31,
1896 (b e in g th e a m o u n t n o t o w n e d b y
th e C. B. & Q. R R . C o.), w a s ................... $ 2 4 ,2 5 9 ,0 0 0 00
The reductions during the eight
een months for bonds purchased
and canceled were as follows :
T a rk io V a lle y F i r s t M o rtg a g e
7 p e r c e n t b o n d s o f 1 9 2 0 ... $ 1 1 ,0 0 0 00
N o d a w a y V a lle y F i r s t M o r t
g a g e 7 p e r c e n t b o n d s o f 1920 1 0 ,0 0 0 00
C. B. & N. F i r s t M o rtg a g e 5
p e r c e n t b o n d s o f 1 9 2 6 ........ 9 3 ,5 0 0 00
D e c re a se d u r in g th e e ig h te e n m o n t h s ..........$ 1 1 4 ,5 0 0 00
T o ta l o u ts ta n d in g F u n d e d D e b t o f C o n
tr o lle d R a ilr o a d C o m p a n ie s o n J u n e
3 0 , 1 8 9 8 ...............................................................
G ro s s E a rn in g s p e r P a s s e n g e r p e r m ile in 1 8 9 7 -8 .............
I n 1 8 9 6 -9 7 ......................................................................................
2-23 c e n ts .
2-27 “
D e c re a s e in 1 8 9 7 -8 .................................................................
0 04 c e n ts .
M iles r u n b y P a s s e n g e r T r a in s in 1 8 9 7 -8 ( s ta n d a r d
(g a u g e )...........................................................................
I n 1 8 9 6 -7 ...................................................................
............
T o ta l o u ts ta n d in g F u n d e d D e b t o f th e w hole s y s te m o n
J u u e 3 0 , 1 8 9 8 ...........................................................................$ 1 5 2 ,8 8 0 ,4 0 0 0 0
F o r d e ta ile d s ta t e m e n ts o f w h ic h see p a g e s 38 to 51 o f p a m p h le t.
1 0 ,4 2 4 ,5 1 0
1 0 ,1 0 3 ,6 6 6
L E N G T H O F ROAD.
M iles.
T h e n u m b e r of m ile s of R o ad o w n e d a n d le a s e d b y t b e C om
p a n y , in c lu d in g a ll B r a n d ie s , o n D ec. 31, 1 -9 6 , w a s ........... 5 ,6 5 2 -6 2
A d d , fo r m ile a g e le a s e d a n d o p e r a te d j o in tly w ith o th e r C om
p a n ie s a n d R o a d s fo r w h ic h a fix e d y e a r ly r e n t a l is p a i d .. 207*23
I n c r e a s e in 18 1 7 -8
M iles ru n b y P a s s e n g e r T r a in s p e r m ile o f r o a d o p e r a te d
I n 1897-8 ( s ta n d a r d g a u g e ) .......................
i n 1 8 9 6 -7 ......................... ..................................1 ,4 0 7
I n c r e a s e 1897-8
3 2 0 ,8 4 4
1 45 2
45
2 4 ,1 4 4 ,5 0 0 0 0
T o ta l n u m b e r o f m ile s o p e r a te d b y th e C o m p a n y , D e c e m b e r
31, 18 9 6 , a s s ta t e d in th e l a s t A n n u a l R e p o r t. ....................... 5 ,8 5 9 85
L e ss d e c re a s e o n a c c o u n t o f c h a n g e s in tr a c k s a t O m a h a, N e b .
0 15
T o t a l n u m b e r o f T o n s o f F r e ig h t c a r r ie d o n e m ile in
r
...................................................................................... 3 .2 9 5 .5 8 0 ,0 7 2
I n 1 8 9 6 -7 ............................................................................ .......... 2 ,7 5 0 ,7 3 6 ,6 1 8
T o ta l n u m b e r o f m ile s o p e r a te d b y C o m p a n y , J u n e 2 0 ,1 8 9 8 ..5 ,8 5 9 * 7 0
5 4 4 ,8 4 9 ,4 5 4
N u m b e r o f m ile s o f ro a d o w n e d a n d le a s e d b y th e
C o m p a a y , in c lu d in g a ll B r a n o h o s ................................5,652*47
N u m b e r o f m ile s of le a s e d ro a d o p e ra te d jo in tly w ith
o th e r C o m p a n ies, a n d t h a t f o r w liloh a fix e d y e a r ly
r e n ta l is p a i d ............................................................................ 2 0 7 23
------------ 5,859*70
N u m b e r of m ile s of s ta n d a r d g a u g e ro a d o p e r a te d b y
r a ilr o a d o o m p a n ie s c o n tro lle d b y th e C. B.
Q.
R R . Co. o n J u n e 30, 1 8 9 8 .................................................
1,438*99
I n c r e a s e in 1 8 9 7 -8 ..................................................................
G ro s s E a r n i n g s fro m F r e ig h t in 1 8 9 7 -8 ............................. $ 3 0 ,5 4 3 ,6 3 9 88
in 1 8 9 6 -7 ....................................................................................... 2 4 ,0 0 7 ,3 4 7 64
I n c r e a s e in 1 8 9 7 -8 ...............................................................
$ 6 ,5 8 6 ,2 9 2 24
t * ^ « ta trr n o n t o f E a rn in g s a n d E x p e n s e s fo r th e s ix m o n th s e n d e d
J u n e 3 0 ,1 3 9 7 , w ill h e fo u n d o n p p . 5 9 -0 0
p a m p h le t.
D iv id e d
T o ta l
as
F ollo w s:
....
M ile s.
7,298*69
THE CHRONICLE
852
[Voi. XL VII.
EQUIPMENT
J tn m g M
.........................................................
F r o m w hich s h o u ld b e d e d u c te d fo r m ile a g e o p e r a te d
J o in tly b y tw o o r w o r e c o m p a n ie s In file s y s te m ,
a n il w hich la th e re fo re d ap llo ated above . . . .........
118*72
M a k in g th e t o ta l s ta n d a r d g a u g e m ile a g e o p e r a te d b y
th e w hole S y s te m o n June 3 0 , 1 8 0 8 .......................
----------- 7,1* 9*97
No new cars or engines were charged in Equipment Ac
count of the Chicago Burlington & Quincy Railroad Com
pany during the eighteen months ended June 30, 1898.
The Equipment on June 30, 1898, is as follows:
E n g in e s .........................................................
T h e a v e r* * * c u m b e r o f m ile s o p e r a te d b y tb o S y s te m
- -Q„ P a s s e n g e r a n d C o m b in a tio n C a r s (i)
d u rln g 1807-8 w a s ............................ . .................................
. 7 , 1 7 0 Of B ag g a g e , M all a n d E x p r e s s C a rs (i)
N<i n .
f o r d e ta ils o f th e a b o v e m ile a g e , see p a g e s S3 to 58. In “ * D in in g C a rs ................................................
dltSou to th e a b o v e s ta n d u r d g a u g e m ile a g e , t h e C h ic ag o B u rlin g to n O fficers' a n d P a y C a rs ( l ) ....................
A "iU tncy R 8 . Co c o n tr o ls 178*60 m ile s o f n a rro w -g a u g e ro ad .
W ay C a rs ......................................................
B o a r d in g C a r s (2)............................. ........
L E N G T H O F SE C O N D T R A C K .
Wi*f e k in g C a rs ..........................................
B o x a n d S to c k C a rs
.........................
CitiCAOO * c b u x o i o k A q m s e r r R a il r o a d C o .
C oal, F la t a n d O re C a r a .........................
The number of miles of Second TraeJt on June SO,
O s, w as:
InIS!niutV-........................
................... --....... .
In Iowa........................................................................... .
In >*i*I>raell:i ....................................................... ............
Jflie s.
.2 0 4 01
. 88*61
. 4*75
T o t a l ........................................................................................S ta n d a rd G a u g e Co n t r o l l e d R oads.
N o t e .—(i) O n e P a s s e n g e r C a r c h a n g e d to a B a g g a g e a n d M all C ar,
a n d th re e c h a n g e d to O fficers’ C a rs . (-’) O n e B o x C a r c h a n g e d to a
B o a rd in g C a r.
297*37
| one
30, 1898, was.......................................
1
The Equipment on June 30, 1898, is as follows:
26*28
323*65
C O N S T R U C T IO N A N D E Q U IP M E N T .
EXPENDITURE*.
There was expended for Construction during the eighteen
months ended June 30, 1898, on the Chicago Burlington &
Quincy Railroad and Branches in Illinois and Iowa :
F o r U n d e rc ru s s ln g . L a G ra n g e , H I.................. $ 2 0 ,5 8 9 42
F o r N ew T e rm in a l F a c ilitie s , Q u in c y , 111,
in c lu d in g L a n d a n d T r a c k s .......................... 2 0 8 .7 4 9 7 6
F o r T r a c k E le v a tio n . C h ic a g o ........................
5 ,5 4 5 CS
F o r E le v a tio n o f S t. C h a r le s A ir L in e , in
c lu d in g L a u d a n d T r a c k s . . . . ...........................
1 8 ,9 8 6 09
F o r N ew F r e ig h t H o u s e . C h ic ag o , in c lu d in g
L a n d a n d T r a c k s ...................................................
4 4 ,2 8 2 18
F o r L a n d , C h ic a g o .................................................... 5 4 ,8 3 0 02
F o r L a n d a n d R ig h t o f W a y ................................. 1 5 ,2 4 8 78
2 2 ,3 2 5 16
F o r N ew T r a c k s .......................................................
F o r N ew B u ild in g s .......................................
1 1 ,1 9 5 05
F o r E le c tric -L ig h t P l a n t , W e s t B u r lin g to n
5 ,3 0 2 11
S h o p s . . . . ...............................................
L e s s M isc e lla n e o u s C r e d its ...................................
There was added during the eighteen months to the equip
ment of the standard gauge railroad companies controlled
by the Chicago Burlington & Quincy Railroad Company :
C o m b in a tio n C a r s ...............................................................................................
!u Mi-B iu ri 3 1 -1 0 0 m ile s o f S e c o n d T r a o k w a s a d d e d
d u rin g t h e y e a r .
L e n g th o f S e c o n d T i a o k o n s ta n d a r d g a u g e c o n tro lle d
T o tal
89 1
55 2
188
10
13
399
16
9
24,1191
0 ,9 1 0
Engines...........................................................................
214
Passenger and Combination Care {>).............................................. 104
Baggage, Mail and Express Cars (!).............................................. 51
Dining Cars........................................................................................
4
Officers’
and Pay Cars .................................................................... 1105
Way
Cars............................................................................................
Boarding Cars...................................................................................
2
Wrecking
Cars............................................
6
B o x a n d Stool: C a rs (2).........
5,4 1 6
Flat and Coal Cars (2) .........
1,626
N o t e .—(i) F iv e P a s s e n g e r a n d C o m b in a tio n C a rs c h a n g e d t o B a g
gag e, M ail a n d E x p r e s s C a rs, a n d o n e n e w P a s s e n g e r C a r a d d e d .
O ne Stool: O ar c h a n g e d to a C o al C a r a n d o n e C o al C a r o m itte d
fro m 1896 re p o rt.
There were added during the eighteen months to the
Equipment of the narrow gauge railroad companies con
trolled by the Chicago Burlington & Quincy Railroad Com
pany :
O re C a re ............... ..................................................................................................
9
The Equipment on June 30,1898, is as follows :
$ 4 0 5 ,0 5 4 25
4 ,4 2 0 78
------------------ $ 4 0 0 ,6 3 3 4 7
On the Burlington and Missouri River Rail
road in Nebraska and Branches :
E n g i n e s ...................................... ...............
P a s s e n g e r a n d C o m b in a tio n C a rs
B ag g a g e , M all a n d E x p r e s s G a rs .
W ay C a r s ................................................
W re ck in g C a r s ............... ......................
B o x a n d S to ck O a rs ...........................
F la t, C oal, a n d O re O a r s .................
G EN E R A L R EM A RK S.
18
17
3
d
3
316
27 3
The actual length of standard gauge road operated by the
Chicago Burlington and Quincy Railroad Company and con
trolled companies on June 30, 1898, was 7,180 miles, the same
as on December 31, 1890.
The average number of miles of standard gauge road
operated by the Chicago Burlington & Quincy Railroad
Company and controlled companies in 1897-8 was 7.180 miles,
the same as in 1890-7. The gross earniugs per mile of road
operated were $5,961 03 in 1897-8, against $4,947 94 in 1896 7.
6 7 7 ,2 9 6 2 4 The operating expenses,including taxes, per mile, in 1897-8,
$ 1 ,0 7 7 ,° 2 9 71 were $3,878 8$, against $8,156 34 in 1896-7. The percentage
D e d u c t fo r e x c e s s o f P re m iu m o v e r D is c o u n t o n B o n d s
of operating expenses, including taxes, to gross earnings, in
so ld , a n d e x c e s s o f D is c o u n t o v e r P r e m iu m on B o n d s
1897-8, was 64*98 against 03*79 per cent in 1896-7.
p u rc h a s e d f o r S in k in g F u n d s a n d c a n c e le d .....................
3 1 ,3 0 ' 82
The number of tons moved one mile on the standard gauge
N et a m o u n t oil u rg e d C o n s tr u c tio n A c c o u n t d u rin g th e
road increased 19 81-100 per cent as compared with 1896-7 ,
e ig h te e n m o n th s w a - ................................................
...... $ 1 ,0 4 6 ,6 2 2 3 9
while freight earnings increased 33 06-100 per cent. Pas
Tin- c o st o f S h o p T o o ls a n d All* B ra k e s p a id fo r d u r in g
sengers carried one mile increased 14 04-100 per cent , while
th e e ig h te e n m o n th s a n d c h a r g e d E q u ip m e n t A c c o u n t
v n s . ............................................. . . . . .................................................
2 9 ,1 5 7 78 passenger earnings increased 13 83 100 per cent. The per
centage of operating expenses to gross earnings increased
N e t a m o u n t c h a rg e d C o n s tr u c tio n a n d E q u ip m e n t A c
1 19-100 per cent.
c o u n ts d u rin g th e e ig h te e n m o n th s w a s .............................$ 1 ,0 7 5 ,7 8 0 15
Sinking Funds have increased during the year $1,344,There was expended for Construction during the eighteen 382 09, of which sum $778,613 25 was paid directly from the
months on the standard gauge roads controlled by the Chi earnings of the year, and the remainder $565,769 84 was the
cago Burlington & Quincy Railroad Company :
accumulation of interest on bonds held in the funds. This
F o r N ew B a l l a s t ......................
$ 8 7 ,1 8 5 86
Sinking Fund increase was used in purchasing $1,342,600
l o r N ew T r a c k - .....................................................
6 9 ,0 1 0 58
bonds, of which $529,000 bonds were canceled and $813,600
F o r N ew B r id g in g . . . . .
7 ,6 4 0 90
T o r New B u ild in g * ...................................................
4 ,3 6 9 02
remain uncanceled in the Sinking Fund investments.
F o r N ew F e n c in g ......................................................
3 1 4 11
For further details relating to the affairs of the company,
reference is made to the Report of the Treasurer and follow
. $ 1 6 8 ,5 2 0 47
ing statements. By order of the Bo ird of Directors,
L e s s C re d its fo r a m o u n ts re fu n d e d in c o n
d e m n a tio n cflae* a n d o th e r s m a ll Ite m s .. 9 1 ,7 9 6 20
CHARLES E. PERKINS. President.
F o r L a n d a n d R ig h t o f W a y ................................. $ 1 4 ,1 6 9 31
F u r N ew F e n c e s ......................................................... 2 3 ,9 2 * 70
F u r N ew B u ild in g s a n d W a te r W o rk s ............ 2 8 ,3 4 5 25
1 :- ............................................ 3 1 ,7 1 3 40
F o r N ew B rid g in g ...................................................
4 1 ,1 3 4 09
F o r N ew B a l la s t .......................................................
7 i,Q 7 7 69
F o r N ew D e p o t a t O m a h a, In c lu d in g L a n d
a n d T r a c k s ................................................................ -457,078 14
F o r p e r m a n e n t Im p r o v e m e n t o f R o a d b e d ,
A tc h is o n <fc N e b r a s k a R R ...........................
9 ,7 9 0 22
F o r M isc e lla n e o u s C o n s tr u c tio n .....................
22 4 4
------------- ------
N e t nmciun* c h a r g e d to C o n s tr u c tio n Ac•" U n t In th e e ig h te e n m o n th s w a s
........
T h e c o s t o f C ar* , S h o p T o o ls a n d A ir B ra k e s
p a id t e r d u r in g th e e ig h te e n m o n th s a n d
c h a rg e d E q u ip m e n t A c c o u n t w a s .................
$ 7 6 ,7 2 4 2 7
6 ,5 f 9 9 6
DEBIT.
N e t a m o u n t c h a rg e d C o n s tr u c tio n a n d E q u ip
m e n t A c c o u n ts d a r in g th e e ig h te e n m o n th s
w a » ....................................... ..............................................
$ 8 3 ,3 1 4 2 3
There was expended for Construction during the eighteen
month* on the narrow gauge roads controlled by t he Chicago
Burlington A* Quincy Railroad Company:
F o r N ew S id e T r a c k s . . . . ........................... ... .
F o r N ew B u ild in g s .................... ............................
F o r N ew F e n c in g .....................................................
$ 3 ,5 0 1 7 5
3 3 1 88
9 9 4 10
L c (9 c r e d its fo r L u n d sold,
$ 1 ,8 2 7 71
193 15
N et a m o u n t c h a r g e d C o n s tr u c tio n A c c o u n t
d u r in g t h e e ig h te e n m o n th s w a * .. . . . . . . . . .
T h e co st o f C a r s s n d A ir B ra k e s p a id f o r
d u r in g tb e e ig h te e n m o n th s a n d c h a r g e d
E q u ip m e n t A c c o u n t w a s .............. ............. '. . .
»et a m o u n t c h a rg e d C o n -1 r u c tio n a n d E q u i p
m e n t A c c o n n ts d u rin g th e e ig h te e n m o n th s
w a s ..............................................................................
INCOME ACCOUNT.
T H E C H IC A G O B U R L IN G T O N & Q U IN C Y R A IL U O A D C O M PA N Y ,
IN A C C O U N T W IT H IN C O M E A C C O U N T J U N E 30, 18 9 8 .
$ 1 ,6 3 4 56
1 5 ,0 6 6 71
D ec. 31. 189 5—F o r B a la n c e a s p. A n n . R e p o r t o l 18 9 6 . $ 1 1 ,5 1 1 ,3 9 2
J u n c 3 0 , 1898—F o r F r e ig h t E a rn in g s ,
e ig h te e n m o n th s , . $ 3 2 ,2 5 7 ,3 4 2 33
F o r P a s s e n g e r E a r n 'g s ,
e ig h te e n m o n th s .
8 ,4 0 0 ,6 5 0 05
F o r M lsc c ll. E a r n in g s ,
e ig h te e n m o n t h s . . . . .
4 ,5 4 8 ,9 1 5 7 3
4 5 ,2 0 6 ,9 0 8
F o r I n t on S e c u ritie s
o l C o n tro lle d R o a s,
e ig h te e n m o n th s ___
$ 1 ,1 0 0 ,6 8 7 38
F o r T iiv ld e iu ls o n S to c k
of C o n tro lle d R o ad s,
e ig h te e n m o n th s .......
1 ,4 0 7 ,6 :3 13
F o r o th e r I n t e r e s t a n d
In c o m e , 18 m o n th s ..
6 2 2 ,9 2 4 1 0
3 ,1 3 1 ,2 4 4
F o r N e t R e c e ip ts fro m
B & M .R . R K .ln N e b .
L a n d G r a n t, 18 m o s ..
9 3 ,9 5 7
40
11
61
66
$ 5 9 ,9 4 3 ,5 0 2 7 8
$ 1 9 ,7 0 1 27
THE CHRONICLE,
O ctober 22, 1898, |
C R E D IT .
B y O p e ra tin g E x p e n s e s , 18 m o n th s ... $ 2 7 ,4 1 1 ,6 6 1 7 2
3 2 7 ,5 3 4 31
B y R e n t o f T ra c k s A D e p o ts , 18 m o s ..
2 ,3 4 5 ,1 7 1 49
B y T a x e s , S ta te , Co. A C ity , 18 m o s . ..
B y I n t e r e s t on B o n d s C hic. B u r. & Q. R R . a n d B ra n c h e s ,
1 0 ,1 0 1 ,2 4 8 5 0
e ig h te e n m o n th s ....................................
B y C ash P a id to S in k in g F u n d s (18
m o n th s ) f o r —
C. B. & Q. 5 s o f 1 9 0 1 ... $ 8 8 ,8 7 5 00
C. B. & Q. .4 s & 58 o f
1 9 1 9 (Towa D iv .)........ 2 2 9 ,4 2 5 00
C. B & Q . 4 s o f 1921 ..
4 3 ,0 0 0 00
C. B. & Q. 4 s o f 1 9 2 2
(D e n v e r E x te n s io n ).. 1 1 9 ,5 2 0 0 0
C. B. A Q. 4a o f 1927
(N e b ra sk a E x te n s io n ) 5 8 8 ,2 3 8 59
B. A M. R R R . in N eb.
4 p e r c e n t B o n d s ......... 1 0 0 ,4 1 0 0 0
L in e. & N o r th W est. R R .
7 p e r c e n t B o n d s ..........
6 ,0 0 0 0 0
------------------1 ,1 7 5 ,4 6 3 59
B y D iv id e n d s —
M arch 15, 13 9 7 , 1 p . c . . $ 8 7 0 ,0 2 8 0 0
J u n e 15, 1897, 1 p c . . . . 8 2 0 ,0 2 8 00
S e p t. 15, 1 8 9 7 , 1 p . c . .. 8 2 0 .0 2 8 00
D ec. 1 \ 1 8 9 7 , 1 p e r c t . 8 2 0 ,0 2 8 * 0
M ar. 15, 1 3 9 8 .1 H p. c . .1 ,0 2 5 ,0 3 5 0 0
J u n e 15, 1 8 9 8 , 1 H p . c . 1 ,0 2 5 ,0 3 5 00
5 ,3 3 0 ,1 8 2 0 0
1 , 000,000 00
B y A m o u n t t r a n s f d to R e n e w a l F u n d .
-------------------------$ 1 7 ,6 9 1 ,2 f 6 61
B y B a la n c e a t c r e d it o f In c o m e A cc’t ................................. 1 2 ,2 5 2 ,2 3 6 17
$ 5 9 ,9 4 3 ,5 0 2 78
GENERAL ACCOUNT.
D E B IT .
C a p ita l S to c k —
8 2 0 ,0 2 8 s h a r e s C. B. A Q. s to c k .......................... $ 8 2 ,0 0 2 ,8 0 0
1 4 s h a r e s B. & M. R . R R . (la .) s to c k ............
1,4 0 0
------------------- $ 3 2 ,0 0 4 ,2 0 0
F u n d e d D ebt—
C. B. A Q. C o n so lid a te d M o rtg a g e 7 p e r c e n t
B o n d s, p a y a b le J u l y 1, 1 9 0 3 .......................... $ 2 8 ,9 1 5 ,0 0 0
C. B. & Q. C o n so lid a te d M o rt. B o n d S c r ip ___
9 ,0 0 0
O. B. A Q . S in k in g F u n d 5 p. c e n t
B o n d s, p a y a b le O c t 1 , 1 9 0 1 .. . $ 2 ,5 0 0 ,0 0 0
L e s s a m o u n t p u rc h a s e d f o r S in k
in g F u n d a m i c a n c e le d .............
1 8 5 ,0 0 0
_____________o o i k n o n
C. B. & Q. Io w a D ir . M o rt. S in k
in g F u n d 5 p. c. B o n d s, p a y
a b le O c t. 1, 1 9 1 9 ............................ $ 3 ,0 0 0 ,0 0 0
L esa a m o u n t p u rc h a s e d fo r S in k
in g F u n d a n d c a n c e le d ..............
1 8 2 ,0 0 0
------------------- 2 ,8 1 8 ,0 0 0
C. B. A Q. Io w a D iv . M o rt. S in k
in g F u n d 4 p . c. B o n d s, p a y a b le
O c t. 1, 1 9 1 9 .......................................$ 1 2 ,5 0 2 ,0 0 0
L esa a m o u n t p u rc h a s e d fo r S in k
in g F u n d a n d c a n c e le d ........................................3 ,4 5 2 ,0 0 0
------------------- 9 ,0 5 0 ,0 0 0
C. B. A Q. S in k in g F u n d 4 p. c. B o n d s, p a y
a b le S e p t. 1, 1 9 2 1 ...................................................... 4 ,3 0 0 ,0 0 0
C. B A Q. s in k in g F u n d 4 p. c. B o n d s, p a y
a b le F eb . 1, 1922 (D e n v e r E x t e n s i o n '.......
7 ,9 6 8 ,0 0 0
C. B. A Q. 5 p. o. B o n d s, p a y a b le M ay 1 ,1 9 1 3 9 ,0 0 0 ,0 0 0
C . B. A Q. N e b ra s k a E x te n s io n
M o rt S in k . F u n d 4 p c, B o n d s,
p a y a b le M ay 1, 1 9 2 7 ....................$ 2 9 ,4 4 1 ,0 0 0
L e ss a m o u n t p u r c h a s e d f o r Sinki d g F a n d a n d c a n c e le d ........................................3 ,3 3 1 ,0 0 0
-------- 2 6 ,1 1 0 ,0 0 0
C . B . A Q. C o n v e rtib le 5 p e r c e n t
B o n d s, p a y a b le S e p t. 1, 1903 .$ 1 5 ,2 7 8 ,7 0 0
L e ss a m o u n t c o n v e rte d in to s to c k
1 4 ,8 0 0
1 5 ,2 6 3 ,9 0 0
C. B. A Q. C h ic ag o A Io w a D iv is io n 5 p. o.
B o n d s, p a y a b le F eb . 1. 1 9 0 5 .............................
2 ,3 2 0 ,0 0 0
B. & M. R R R . in N e b ra s k a C o n so lid a te d
M ort. S in k in g F u n d 6 p. c. B o n d s, p a y a b le
J u ly 1, 1 9 1 8 ............................................................... 1 3 ,4 4 1 ,0 0 0
B . & M. R. R R . in N e b ra s k a S in k in g F u n d 4
p. c. B o n d s, p a y a b le J a n . 1, 1 9 1 0 ...................
3 ,3 4 7 ,0 0
R e p u b lic a n V a lle y R R . M o rt S in k in g F u n d 6
p. c. B o n d s, p a y a b le J u ly 1, 1 9 1 9 ...................
1 ,0 7 8 ,0 0 0
$ 1 2 5 ,9 3 4 ,9 0 0
C o n t in g e n t L ia b i l i t i e s f o r B r a n c h R o a d s —
O tta w a O sw eg o A Fo* R iv e r V a lle y R R . 8 p.
c. B o n d s, p a y a b le J u ly 1 ,1 9 0 0 ......................... $ 1 ,0 7 6 ,0 0 0
A tc h iso n A N e b ra s k a R R . 7 p . c. B o n d s, p a y
a b le M arch 1, 1908 ............................................... 1 ,1 2 5 ,0 0 0
L in c o ln A N o rth W e s te rn R R . S in k in g F u n d
7 p . c. B o n d s, p a y a b le J a n . 1, l y l O ...............
6 0 0 ,0 0 0
2 ,8 0 1 ,0 0 0
$ 7 8 ,7 5 4
1 ,6 1 6 ,8 9 0
1 ,3 5 6 ,2 0 9
2 ,3 5 0 ,0 3 9
P ro fit a n d L o s s ......................................................................................
R e n e w a l F u n d .......................................................................................
In c o m e A c c o u n t....................................................................................
S in k in g F u n d s , sh o w in g the total o f p a y m e n ts to a n d
a c cre tio n s o f S in k in g F u n d s f o r —
C. B . A Q 5 p e r c e n t B o n d s o f 1 9 0 1 ................ $ 1 ,9 1 9 ,0 3 7
C. B A Q. 4 a n d 5 p e r c e n t B o n d s o f 1919
(Io w a D iv is io n )........................................................
3 ,4 9 0 ,2 4 8
C. B. A Q. 4 p e r c e n t B o n d s o f 1 9 2 1 ..................
1 ,0 1 3 ,0 8 6
C. B. & Q 4 p e r c e n t B o n d s o f 1 9 2 2 (D e n v e r
E x t e n s io n ) ...........................
1 ,8 6 3 ,6 5 9
C . B A Q. 4 p e r c e n t B o n d s o f 1 9 2 7 (N e
b r a s k a E x te n s io n ) .................................................
3 ,0 3 3 .0 0 9
B. A M. R. RR. in N eb. 6 p. c. B o n d s o f 1 9 1 8 . 4 ,4 4 8 ,5 1 4
B. A M. R. R R . In N eb. 4 p. c B o n d s o f 1910. 1 ,8 7 6 .5 2 8
R e p u b lic a n V alley R R . 0 p. c. P o n d s of 1919.
3 1 5 ,9 9 2
L in c o ln A N o rth W e s te rn R R . 7 p. c. B o n d s
o f 1 9 1 0 ..........................................................................
1 7 3 ,9 0 4
-------------------
C R E D IT .
C o n stru c tio n A c c o u n ts—
A m o u n t o f C o n s tr u c tio n a n d E q u ip m e n t, inclu d . c o s t of B r a n c h R o a d s , r e p o r te d D e
c e m b e r 3 1 ,1 8 9 6 .................................................... $ 2 0 5 ,6 7 0 ,4 3 2
A m o u n t e x p e n d e d fo r C o n s tr u c tio n in th e
18 m o n th s e n d e d J u n e 30 , 1 8 9 8 .....................
1 ,0 4 6 ,6 2 2
A m o u n t e x p e n d e d f o r E q u ip m e n t in th e 18
m o n th s e n d e d J u n e 30 , 1 8 9 8 ..........................
2 9 ,1 5 8
$ 2 0 6 ,7 4 6 ,2 1 3
L e ss a m o u n t a t d e b it o f M o u lto n A A lb ia
R R . C o n s tru c tio n , tr a n s f e r r e d to P r o f it
1 1 2 ,0 3 0
a n d L o s s ......................................................................
----------- $ 2 0 6 ,6 3 4 ,1 8 3
—
Cost o f In v e stm e n ts i n the S e c u r it ie s
o f C o n t ro lle d R o a d s
H a n n ib a l & S t. J o s e p h R R . C o.........................
S t. L. K e o k u k A N o rth w e s t. R*R C o ..............
K a n . C. St. J o . A C o u n cil B luffs R R . C o ..........
C h ic ag o B u r. & N o r th e r n R R . C o .....................
C h ic ag o B u r. & K a n s a s C ity R v . C o ...............
N a rro w G a u g e R a ilr o a d s .......................................
$ 9 ,1 7 2 ,0 8 1
9 ,3 3 6 ,1 9 6
5 ,2 9 4 ,9 0 8
4 ,4 8 0 ,8 4 4
5 ,1 2 6 ,5 1 2
1,S 84,S 11
3 5 ,2 9 5 .3 5 2
3 ,5 1 6 ,8 5 0
1 ,5 1 3 ,5 0 8
S u n d r y I n v e s tm e n ts .....................................................................
M a te ria ls o n h a n d f o r f u tu r e u s e . . . ............................................
T ru stees o f S in k in g F u n d s , s h o w in g the cost o f u n c a n c e ifd s e c u r it ie s a n d c a s h a w a it in g in v e s tm e n t h e ld m
S in k i n g F u n d s f o r —
C. B. A Q . 5 p e r c e n t B o n d s of 1 9 0 1 ..............
C. B A Q, 4 p e r c e n t B o n d s of 1 9 2 1 ..............
C. B. A Q . 4 p e r c e n t B o n d s
o f 1922 .....
B. A M. R . R R . in N e b ra s k a 6 p e r c e n t B o n d s
o f 1 9 1 -........................................................................
B & M. R. R R in N e b ra s k a 4 p e r c e n t B o n d s
o f 1 9 1 0 ........................................................................
R e p u b V a lle y R R . 6 p. c. B ’d s of 1 9 1 9 ...........
L in e . A N . W . R R . 7 p. c. B ’d s o f 1 9 1 0 ............
$ 1 ,7 4 2 ,9 9 8
1 ,0 1 3 ,0 9 6
1 ,8 6 3 ,6 5 9
4 ,4 4 8 ,5 1 4
1 ,8 7 6 ,5 2 8
3 1 5 ,9 9 2
1 7 3 ,9 0 4
1 1 ,4 3 4 ,6 8 0
C u rre n t A c fo u n ts—
T H E C H IC A G O B U R L IN G T O N A Q U IN C Y R A IL R O A D C O M PA N Y
IN G E N E R A L A C C O U N T , J U N E 3 0 , 1 8 9 8 .
M a tu r e d C o u p o n s, n o t p r e s e n te d ........................
C o u p o n I n te r e s t to m a tu r e J u l y 1, 1 8 9 8 ..........
U n p a id V o u c h e rs a n d P a y R o lls .........................
S u n d ry c u r r e n t a c c o u n ts ............. .......................
853
5 ,4 0 1 ,8 9 2
13 ,4 6 5,2*2
1 0 , 000,000
12 2 5 2 ,2 3 6
1 8 ,1 3 3 ,9 7 6
$ 2 6 9 ,9 9 3 ,4 5 6
S u n d r y A v a ila b le S e c u r ilie s ............................... $ 2 ,6 2 4 ,3 0 8
S u n d ry A oc’t s a n d B ills R e c e iv a b le ....................
3 ,3 8 4 ,9 8 1
C ash on h a n d ...................................................................
5 ,5 8 9 .5 9 3
1 1 .5 9 8 ,8 8 3
$ 2 6 9 ,9 9 3 ,4 5 6
W E S T E R N NEW Y O R K & P E N N S Y L V A N I A
R A IL W A Y CO.
FOURTH ANNUAL REPORT—FOR THE YEAR ENDING
JUNE 30, 1898.
T o th e S t o c k h o ld e r s o f th e W e s t e r n N e w Y o r k & P e n n s y l v a n ia
Py. Com pany:
Your Board of D irectors subm its the follow ing report of
th e operation of your road for the fiscal year ending June
30, 1898:
Details as to the financial condition of your Com pany will
be found in the A uditor's Report, and the G eneral Superin
ten d en t’s Report gives the details as to operation and as to
the physical im provem ents m ade.
The funded debt rem ains unchanged.
INCOME ACCOUNT.
Gross Earnings...... ................-.................$3,245,937 53
Operating Expenses...................................... 2,142,803 52
Net Earnings............................................
01
Interest,
Discounts and Commissions........ $1,103,131
8,390 47
Total........................................................
$1,111/ 24 48
Deductions Irom Net Earnings as follows:
Interest
on
First
Mortgage
Bonds,
W.
N.
Y. & P. RR. Co......................................... $499,500 00
Interest
Mortgage Bonds, 5V. 300,000 00
N Y. &onP.General
Ry. Co....................................
Interest
on
Real
Estate
Mortgages......... 15,556
00
Interest on Equipment Notes...................
5,889 28.
54 921,015 82
Taxes.................
100,070
Net Income to Proilt and Loss Aooount....................... $190,508 66
Compared w ith the fiscal year w hich ended June 30, 1897.
The Gross Earnings in c r e a s e d 9*35 per cent.... ............. $291,163 48
The Operating Expenses in c r e a s e d 4*88 per oent.............
99,857 56
The Net
Earnings
c r e a s e d 20 98 per cent....................
Net
Earnings
for in1897,
after deducting only Operating 191,303 90
Expenses, were.................................................................. 911,828 11
Net
Earningsarefor..lr98,
after deducting only Operating 1,103,13. 01
Expenses,
...............................................................
An increase of...................................
#191,305 90
In 1897 the Net.income, after deducting Bond interest,
Taxes, interest
onwas.......................................................
Real Estate Mortgages and on $126,249 95
Notes,income,
InEquipment
1«98 the Net
after making the same dedue
tions, is .............................................................................. 190,o08 66
An increase of................................................................. $64,258 71
Inasmuch
as1898
The Bond
Interest onastheagainst
General Mortgagein
Bonds
was
18s7, anin inerease
of *300,000,
$75,000, and, further,$225,000
as our as
sessment
taxesthan
was,in 1897,
because
rate,
*9,994 05 for
greater
the ofin c.ar e higher
a s e of $64,258
71
should,
for
the
p u r p o s e o f c o m p a r is o n with last
year, be stated a t...... .............. ....................................... $149,252 76
As a result of the revival iD business w hich began in the
sum m er of 15*97, the num ber of tons carried increased from
3,018,853 in 1897, to 4,327,770 in 1898, a gain of 708,923 tons
or 19*59 per cent, b u t the average freight rate declined from
5*121 mills in 1897, to 4*721 mills in 1898, a d e c r e a s e of *395
mills per ton per mile, which, upon the ton m ileage of 507,144.067 for 1898, am ounts to 8200,440 64.
854
THE CHRONICLE.
il.s 1 we received the same rate per ton par mile in 1898 as
in 1897 the net revenue of your Company in 1898, after d e
ducting all fixed charges, would have shown in comparison
with the net revenue for 1897 an increase of $399,919 30, in
stead of $190,5 8 00. It will beseen. therefore, that because
of the low rates prevailing, your Company did not derive
the advantage it should have received from its creditable
increase in traffic.
It should he a matter fo r congratulation that, notwith
standing this decrease in rate, the increase in tonnage
counted' with a decrease in Operating E pcsses ( and this
with nit permitting any deterioration o f the physical cm difi'on o f your property) has enabled us to show such a credit
a b le increase in Net Income.
We have no bills payable except those heretofore issued
for new equipment, and which mature monthly as follows :
the calendar year is tu ................................ $41,757 24
"
1S99................................ 62,970 25
M e w 'I u s d b u - l a o a r p rev io u s r e p o r t th ese
$ 1 0 4 ,7 3 3 4 9
OI which there hove been paid...................... . 31,792 08
n o te s a m o u n te d to ........................... ....... .............$ 1 3 3 ,IH 5 88
L e a v in g a b a la n c e o f ............... ................................. $ 1 0 2 ,1 9 3 8 0
T o ivtileh s h o u ld b e a d d e d n o te s is s u e d f o r
in te r e s t fo r e v te u s io n o f p a y m e n t o n n a r t o f
a b o v e e q u ip m e n t o b lig a tio n s , a m o u n tin g to
2 ,5 3 9 69
$ 1 0 4 ,7 3 3 4 8
rvoL. Lxvii,
P assenger T r a ffic : There was a decrease in number of
local passengers carried of 45,280 and an increase in the
number of through passengers of 7,790—a net decrease of
37,440 -but the average number of miles traveled per pas
senger was 35 in 1898, as against 33 in 1897, and this gain
in distance traveled was sufficient to secure an increase in
our passenger earnings of $9,468 48.
This increase in revenue is almost entirely from through
business, which was quite heavy because of the Grand Army
Encampment held at Buffalo, in August, 1897.
The law recently passed by the State of New York requir
ing the sale of mileage books for 500 miles at the rate of two
cents per mile resulted in a more general use of mileage
books for local traffic and a consequent reduction in our
revenue.
The above refers only to earnings from passengers carried.
In 1897 our net income from passenger train service was
$356,999 58. In 1898 it is $378,175 07, an increase—including
the $9,468 48 given above—of $16,175 54,
F r e i g h t T r a f f i c : Our total tonnage increased 708,923
tons, or nearly 20 per cent. In only one article of traffic,
viz., Refined Oil, was there any decrease. The percentage
of increase is, respectively, as follows :
P e r cent.
P e r c e n t.
I r o n O re ............................................ 4 4 2 S to n e a n d l im e ............................... 21
I r o n ..................................................... 6 6 L u m b e r .....................
le
C ru d e O il......................................... 5 4 A n th r a c ite o o a l ............................. 1 0
I o e .............. ..................................... 5 4 M e r c h a n d is e ................................... 3
L ic e s to c k ........................................ 2 5 B a r k .................................................... 3
B itu m in o u s c o a l............................ 2 4 S a l t ......................... ...........................
H a y a n d g r a i u ............................... 23
On page 36 [pamphlet] is stated the items of expendi
T h e re h a s b e e n a n a lm o s t c o n tin u o u s d e c re a s e in th e a v e r
ture for Betterments, amounting to $80,973 24 for improve
ments to road, new buildings, etc., and to $31,228 38 for a g e f r e i g h t r a t e f r o m 10 65 m i l l s p e r t o n p e r m i l e i n 1883
improvements to rolling stock, aggregating $95,199 52, as ( t h e y e a r o f t h e c o n s o l i d a t i o n o f t h e s e v e r a l r o a d s c o m p r i s
i n g y o u r p r o p e r t y ) t o 4'7T m i l l s i n 1898— a r e d u c t i o n o f o v e r
against $87,397 01 so expended in 1897.
The above Betterments have all been charged to Operating 55 p e r c e n t . I n t h e s a m e p e r i o d e x p e n s e s h a v e b e e n r e d u c e d
Expenses.
f r o m 5-38 m i l l s p e r t o n p e r m i l e i n 1883 t o 3-13 m i l l s i n 1898—
The large sfcael viaduct of 1,742 feet, at Silver Creek, on a r e d u c t i o n o f n o t q u i t e 42 p e r c e n t . H a d i t b e e n p o s s i b l e t o
our Pittsburg Division, the erection of which was referred s e c u r e t h e s a m e r a t i o o f r e d u c t i o n i n e x p e n s e s a s w e s u f f e r e d
to in the report for 1897 is substantially completed. When i n f r e i g h t e a r n i n g s , o u r e x p e n s e s i n 1898 w o u l d h i v e b e e n
completed this structure will have cost, in round figures, 2-42 m i l l s p e r t o n p e r m i l e i n s t e a d o f 3-13 m ills , w h i c h w o u l d
$36,000, including masonry foundations. The major por h a v e i n c r e a s e d o u r n e t e a r n i n g s b y $360,285 71, a n d t o a
tion of this cost has been paid and included in Operating t o t a l o f S t , 463,419 72.
A t t e n t i o n is c a l l e d t o t h e s e v e r a l t a b l e s , o n p a g e s B l a n d 31
Expenses.
The new office building at Babcock Street, Buffalo, for the [ p a m p h l e t ] , o f G r o s s E a r n i n g s , O p e r a t i n g E x p e n s e s a n d N e t
Superintendent of the Buffalo and Rochester Divisions, has E a r n i n g s f o r t h e l a s t e l e v e n y e a r s , b e g i n n i n g w i t h t h e r e o r
been erected, and the better accommodation obtained has g a n i z a t i o n i n 1838 d o w n t o a n d i n c l u d i n g t h e y e a r 1898. T h e s e
greatly facilitated our business. It cost $7,S47 93. A new t a b l e s s h o w a n a l m o s t c o n t i n u o u s r e d u c t i o n i n t h e p e r c e n t a g e
station costing $861 51 has been erected at Jamison Road ; o f o p e r a t i n g e x p e n s e s t o g r o s s e a r n i n g s , w h i c h is a l l t h e m o r e
also one at Struthers. costing $1,267 81. A new water tank w o r t h y o f n o t i c e b e c a u s e , b e g i n n i n g w i t h t h e y e a r 1896, a l l
costing $1,192 96 was built at Brocton. Real Estate was pur b e t t e r m e n t s h a v e b e e n c h a r g e d t o O p e r a t i n g E x p e n s e s . T h e
chased during the year and charged to cost of Road, Fran r a t i o o f e x p e n s e s f o r 1898 is 66-01 p e r c e n t a n d t h e l o w e s t f o r
chises and Property, amounting to $4,712 00, of which $3,000 a n y y e a r i n t h e p e r i o d a b o v e r e f e r r e d to .
was for rigbt-of-wav at Newcastle, and the balance for land
In our annual report fo r 1894, reference was made to the
at Bradford, East Aurora and Riverside Juuetion
abolishment of Grade Crossings in the City o f Buffalo and the
Cost of Road, Franchises and Property received credit for great expense which would thereby be entailed. The removal
$30,500, realized from the sale of old rail and fixtures off the of these crossings is now in progress under a contract with the
Narrow Gauge road.
City of Buffalo, which provides that the expense involved
We have laid 1,036 tons of new 80 lb. steel rail, covering sh dl first be borne by said city, and afterwards that this Com
8’63 miles, on the Buffalo Division; and 2,105 tons of new pany will reimburse said corporation in twenty {SO) equal an
67-lb. steel rail covering 20-04 miles, on the Pittsburg and nual payments. Ihe interest upon said deferred payments, to
River Divisions. NVe have laid 43,991 cubic yards of first- be charged to this Company, will be at the same rate as borne
class ballast as against 42,191 cubic yards laid in 1897. We by the municipal bonds sold by the City of Ruffalo to meet the
have placed 179,997 ties (mostly white oak) as against 175 - outlay, and this Company will be credit'd in settlement with
313 in 1897.
any prenium that may be realized by the City o f Buffalo upon
Our expenditures on Freight cars increased $55,894 31, a thesaleof its bonds.
portion of this increase being due to the greater number of
[p a m p h le t] w ill b e fo u n d a c e r tif ic a te o f t h e
air brakes and automatic couplers applied, and to the re p uOb lni c p aa gc ec o 37
rs . J o h n H e i n s & C o , o f P h i l a d e l
building of ten new box cars of 60,000 lbs. capacity to re p h i a , c e r t i f y ui nn gt atnot st,h eM ce ss
o rre c tn e s s o f th e boo k s a n d a c c o u n ts
place others worn out and destroyed. The condition of our o f y o u r C o m p a n y .
Freight cars has been improved by reason of these heavy
A c k n o w l e d g m e n t is m a d e t o o f fic e r s a n d e m p l o y e s f o r t h e
expenditures. During this year,
c re d ita b le d is c h a rg e o f th e ir d u tie s .
136 Box cars were equipped with Air-brakes.
By Order of the Board,
82 Gondola cars were “
“
“
2 Locomotives “ “
*•
“
SA M U EL G. D eCOU RSEY,
539 Freight cars “ “
“ Automatic Couplers.
President.
2 Locomotives “ “
“
“
«
There remain of Standard Gauge equipment;
1 Switching engines requiring driving wheel brakes.
6 Engines requiring Air-brakes,
—Rolston & Bass, 16 Broad Street, will buy and sell Pull
7(183 Cars in freight service requiring Air-brakes.
man Palace Car stock and rights.
32 “ Company’s “
“
“
-—Holders of the securities of the New England L n a &
1 Passenger car requiring Automatic Couplers.
Gnrs in freightservice requiring Automatic Couplers. Trust Co. are referred to the advertisement in another col
umn of the R. J. Waddell Investment Co. of Ottawa,
26 “ Company’s “
“
<<
Kansas.
9 Locomotives requiring Automatic Couplers.
Tie- entire cost of adding the above Air-brakes and
—Attention is called to the offering of $90,000 Athens
Couplers. Including the labor of applying them, will be, in
round figures. $461,090. Of this amount about $28,001) is for Electric Railway Co , Athens, Ga., first mortgage (3 oar cent
bonds. Farther particulars will be found in the advertise
Couplers and $436,000 for Air-brakes. To meet the require ment
of John W. Dickey in another column.
ments of the laws now in force in the State of New York
all of our equipment must be equipped with Air-brakes bv
—Messrs. Redmond, Kerr & Co., 41 Wall street. New York
January 1. 1908, and with Automatic Couplers by January City, and the National Commercial Bank of Albany, N. Y„
I* 1900.
‘
J
offer at 11246 and accrued interest, yielding 4-37 per cent on
r a s s e n o e r E q u i p m e n t : The repairs made during the yea
the investment, a block of Southern Boulevard RR. Co. first
have been sufficient to maintain it in average good conditio: mortgage gnaranteed five per cent gold bonds
This is a
brn some of this equipment is of a type that should be re trolley road, part of the Union Railway & Third Ave. RR.
placed by new and mare modern coaches.
which extends from Park Row and Broadway in
Motive P o w e r : The conditions of locomotives in servic system,
New York City to points in Westchester County. The adver
has been slightly improved, as will be seen by reference t tisement on page viii. gives a statement of earnings and
detailed statement on page 40 [pamphlet].
other information.
October
THE CHRONICLE.
22, 1898.]
fixe (IPawMercml gxroes.
COMMERCIAL EPITOME.
855
C
T he
O
T T O
N
.
F riday N ig h t , October 21, 1898.
Movement of th e Cr o p , as indicated by our telegrams
F riday N ig ht , Oct. 21, 1898.
Continued mild weather in the Central and Eastern sections
of the country, together with the growing interest shown in
the political campaign in this and other States, has had rather
an unfavorable influence upon trade, and complaints have
become somewhat general the past week of a falling off in
business activity. Politics in particular are having more bear R eceipts a t— S a t. M on. T ues. W ed. T h u r s . F ri.
T m a i.
ing upon the business situation, as the disposition has appeared
n ......... 1 5 ,4 8 3 3 4 ,2 8 4 2 4 ,6 7 6 2 2 ,2 4 2 1 9 ,7 5 5 2 0 ,8 9 5 1 38,333
to be growing among merchants generally to await election J aTlve xe.s Ctoity
, Ae, ......
......
1,551
1,5 6 1
returns and see which party will be in power in the H ouse of
Representatives before making now ventures of importance. New O rle a n s ... 1 0 ,663 1 2 ,4 1 0 1 6 ,5 9 4 1 2 ,274 9 ,9 8 4 1 2 ,849 7 4 ,7 7 7
M obile................ 2 ,0 3 5 4 ,5 0 7 2 ,0 2 0
85 3 1 ,4 4 3 2,0 3 3 1 2 ,9 1 4
The unusual activity of the demand from Europe for our
6,521
6,5 2 1
breadstuffs has continued and has further advanced prices F lo rid a ............... . . . . . .
1
0
,232
9 ,9 4 2 1 5 ,789 1 2 ,342 8 ,6 0 8 7 ,9 3 4 6 4 ,8 7 7
for the same. Reports bearing upon the unsettled political S a v a n n a h ..........
B ru n s w ’k.A e.
....
....
.....
9 .2 4 6
9 ,2 4 6
relations existing between Eugland and France have been
dominant factors in the speculative markets. On Wednesday C h a rle sto n ....... 3 ,0 5 5 9 ,6 4 9 4 .2 5 2 6 ,9 9 0 3,6 3 5 2 ,2 3 3 2 9 ,8 8 4
. . . . . . ........ a
_... 1 1 ,8 9 5 1 1 ,8 9 6
P t. R oyal,& o.
.....
.....
the United States Government took possession of the island
of Porto Rico. The progress of the peace negotiations at W ilm ington___ 4 ,3 0 7 4 868 4 ,7 9 7 2 ,6 2 7 3 ,6 1 9 4 ,4 8 3 2 4 ,6 3 6
W ash ’to n .A o .
82
......
82
Paris between the United States and the Spanish Commission
N o rfo lk .............. 6,188 5 ,7 5 9 5 ,3 3 0 4 ,8 8 5 5,961 5 ,5 3 8 3 2 ,8 1 1
ers appears to be slow.
3 ,6 4 7
.....
......
Lurd on the spot has been in fairly active demand, and on r p ’t N e w s, Ac. ........ . . . . . . . . . . . . .
3 ,6 4 7
5 31
2 00
551
250
Thursday prices advanced rather sharply. To-day the im 'few Y o r k ........
325
1,8 5 7
383!
6 31
9 5 5 2 ,5 5 9 2,1 3 2
provement was lost and business was less active, closing at B o sto n ................
4 98
7 ,2 0 3
5'37J£e. for prime Western and 5 05@V10c. for prime City. B a ltim o re ......... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,4 3 2 1,4 8 2
Refined lard has had a fairly large sale, and prices have ad P h lla d e l’a . A c..
50
1 03
3 48
10 0
11
6L2
vanced, closing at 5-6.5c. for refined for the Continent Spec T o t. th is w e ek 5 3 .4 0 2 8 2 .7 3 4 | 7 4 ,9 6 1
6 5 ,4 3 6 5 4 ,5 0 3 9 1 ,3 4 3 4 2 2 ,3 7 9
ulation in lard for future delivery has been moderately
active and at higher prices The advance was most pro
The following shows the week's total receipts,the total since
nounced on Thursday when buying by shorts to cover con 3ept. 1,1898, and the stock to-night, compared with last year.
tracts advanced values rather "sharply. To-day the market
1898.
1897.
S to c k .
was easier under realizing sales.
DAILY CLOSING PRICES OP LARD FUTURES.
S a t.
O c to b e r d e liv e ry ............c. 5 3 7
M on.
5-37
Tues.
5*35
W ed.
5*37
T h u rs.
5 45
F ri.
5*37
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 423,379 bales,
against 395,9 .'a bales last week and 316,231 bales the previous
week, making the total receipts since the 1st of Sept., 1898,
1,882,293 bales, against 1,781,091 bales for the same period of
1397, showing an increase since Sept. 1, 1898, of 81,2 )4 bales.
R eceipts to
Oct. 21.
T h is
w eek.
S in c e Sep.
1, 1898.
T h is
w eek.
S in c e Sep.
1, 1897.
1898.
1897.
Pork has had only a m iderate sale but prices have ad G a lv esto n ... 133,338 6 3 9 ,5 4 4 1 1 2 ,0 4 6 5 0 3 ,8 5 7 2 8 8 ,5 0 3 1 8 9 ,8 4 8
T ex. C.,&c.
1,561
6 ,9 BO
3 ,2 1 4
8 ,8 2 0
vanced. closing at $9©9 2d for mess, $12 75@!4 lor family and
$11@13 for short clear. Cut meats have had a modente call fe w O rle a n s 7 4 .7 7 7 3 9 2 ,9 7 1 8 9 ,2 3 8 3 5 9 ,3 9 4 2 0 0 ,6 0 1 1 3 3 ,2 4 8
6 2 ,7 7 0 1 2 ,453
6 7 .5 7 8
4 4 ,7 7 6
2 3 ,4 0 5
from the home trade at steady values, c osing at dj-jo. for M o b ile.......... 1 2 ,914
1 7 ,0 8 2
6 .6 5 0
1 1 ,9 7 5
pickled shoulders, 7@7^c. for pickled hams and 5%@li%c. F lo rid a ......... 6,521
for pickled bellies, 14@10 lbs. average. Beef has hat a fair la v a D n a li... 6 4 ,8 7 7 397,1-54 6 5 ,2 0 3 3 3 1 .6 3 8 1 3 5 ,8 0 4 1 3 8 ,8 2 8
4 5 ,0 3 4
8 ,1 4 7
5 1 ,3 7 9
1 8 ,8 0 9
1 7 ,3 2 5
sale at unchanged values, closing at $8 50@$9 for mess, $9 10 8 r ’wick,<feo. 9,2 4 6
for packet, $10 50@11 for family and $14 50@$l-i 50 for extra T lia rle s to n .. 2 9 ,3 6 4 1 2 4 ,5 8 7 2 3 ,2 2 8 1 4 4 ,3 1 5 4 4 ,5 17 4 3 ,5 7 6
1 2 ,1 0 4
400
1 0 ,224
India mess. Lard stearins has advanced to 6%o. for prime P. R o y al,A c. 1 1 ,8 9 8
city. Oleo stearine has been firmer, closing at 5 3 16c. for W ilm ington. 2 4 ,6 8 6 1 1 4 ,5 5 3 1 8 ,5 1 9 1 2 4 ,6 6 6
4 6 ,9 1 1
2 8 ,1 1 9
82
3 38
prime City. Tallow has had a moderate sale and prices have W ash’n , &o.
43
4 75
advanced to 3%c. Cotton-seed oil has been in moderate de N o rfo lk ........ 32,811 1 0 7 ,1 2 9 3 1 ,2 0 8 1 3 1 ,6 2 2
4 6 ,8 7 6
2 8 ,6 2 6
4 ,9 77
mand and steady at 22t£@23c. for prime yellow. Butter has V’p o rtN .,A o 3 ,6 4 7
89 1
4 ,3 8 3
3 ,6 6 3
1,3 9 5
3 ,7 4 7
advanced for choice grades, closing firm at 15@22J^c. for fe w Y o rk ..
1,857
1,1 5 0
1 ,5 4 4
6 4 ,9 7 6
5 7 ,9 1 9
creamery. Cheese has been quiet but steady at 7(§9o. for 3 o s to n .......... 7,2 0 8
1 6 ,5 6 1
5,665
n ,5 o ;
1 8 ,0 0 0
1 5 ,0 0 0
State factory, full cream. Fresh eggs have been in fair de B a ltim o re . . 1,432
2,7 1 6
4 63
4 ,3 0 3
5 ,2 5 7
8,9 3 7
mand and firmer for desirable grades, closing at 19}i'a20c. 'h ila d e l, &c.
612
4 ,6 0 2
2 ,9 3 2
1 0 ,3 6 0
6 ,3 0 7
7 ,4 8 9
for choice Western.
T o ta ls ........ 4 2 2 .3 7 9 1 ,8 6 2 ,2 9 9 370,541 1 ,7 8 1 ,0 9 5 9 2 3 ,0 1 3
6 9 9 ,3 1 5
Brazil grades of coffee have continued to have a slow dis
tributing sale and business in the market for invoices has
In order that comparison may be made with other years,
been quiet; prices have declined, closing easy at 6c. for Rio we give below the totals at leading ports for six seasons.
No. 7 on the spot. West Iudia growths have been quiet, and
1897.
18 9 6 .
1895.
1894.
1893.
for the average run of supplies prices have favored buyers. 'Receipts a t — 1898.
Good Oucuta has held steady at 8%e. East India growths la l v e s ’n .A o . 1 3 9 ,8 9 3 1 1 3 ,2 5 0 8 0 ,8 U 6 7 ,8 3 8 9 2,322 6 9 .1 0 2
have been dull and unchanged. Speculation in the market New O rle a n s 7 4 ,7 7 7 8 0 ,2 8 8 10 4 ,7 5 8 1 0 1 ,9 8 5 13 >,181 118,851
for contracts was quiet up to to day, when the trading was M o b ile .......... 12,914 1 2 ,453 15,781 1 2 ,2 3 4
93
1 3 ,4 3 9
fairly active on buying for investment account, but it was at S a v a n n a h . . . 6 4 ,3 7 7 6 5 ,2 0 8 3 7 ,2 4 2 4 5 ,6 3 3 6 39,0
,5 5 3
5 8 ,8 1 7
lower prices. Following are the final asking prices:
O has’to n , <feo.
4 1 ,7 6 0
2 2 ,6 5 4
1 3 ,2 2 6
2 1 ,227
2 3 ,6 2 6
O o t ........................ 5-25o. | J a n ...................... 5 '5 0 o . I M a y ..................... 5'8 0 c.
N o v ........................5-25o.
M a r ..................... 5-65o. IJ u >e ................... 5-85c.
A p r il................... 5 ’75e. IJ u l y .......................5-90o.
Deo.................. 5-40j. I
W ilm’to n , &c
N o rfo lk ........
N. N ew s, &o.
A.11 o t h e r s .. .
2 4 ,7 6 8
32,811
3,6 4 7
2 8 ,9 2 6
1 8 ,5 6 7
3 1 ,2 0 3
8 94
25,037
1 7 ,2 0 0
3 3 ,6 8 8
923
18,911
1 0 ,0 4 4
18,133
1 1 ,440
1 4 ,805
2 2 ,1 1 0
1 7 ,6 3 0
2 0 ,2 6 9
1 6 ,8 3 9
2 2 ,7 0 3
1 4 .3 5 9
3 2 ,6 3 7
1 5 ,5 1 6
1 2 ,809
Raw sugars have been in better demand from refiners;
offerings have been small and prices have held firm at 4Uc.
for centrifugals, 96-deg. test, ana 3%c. for muscovado, 89 deg. Cot. th i s w k. 4 2 2 ,3 7 9 37 0 ,5 4 1 330.571 2 9 5 ,4 3 . 4 0 0 ,6 7 6 3 5 8 .2 3 8
test. Refined sugar has been in moderate demand and firm:
prices for a few of the soft grades have been advanced; S in ce S e p t. 1 1862 ,2 9 9 1781 .0 9 c 2 0 0 6 ,3 12 1369,821 193 2 ,2 3 ' 1 4 7 5 ,2 3 9
granulated has been unchanged at oc. Other staple groceries
The exports for the week ending this evening reaoh a total
have been steady.
of 234,231 bales, of which 111,571 were to Great Britain, 29.081
Kentucky tobacco has had only a small sale, but values to France and 123,629 to the rest of the Continent. Below
have been firmly maintained. Seed leaf tobacco has been are the exports for the week and since Sept. 1, 1898.
fairly active at full values. Sales for the week were 4,945
Week Ending Oct. 21, 1898.
From Sept. 1,1898, to Oct. 21,189a
cases, including 400 cases, 1897 crop, Gebhardt, private terms;
Exported to —
Exported to —
E x p o r t»
1,510 cases, 1897 crop, Wis. Hav„ 9@13c.; 300 cases, 1893
fr o m —
Great
crop, Wis. Havana, 11c., &c.; also 450 bales Havana at 73c.@
France Conti lo ta l Great France Conti
lotal.
Brit’n .
nent. Week. Britain.
nent.
$1 in bond and 200 bales Sumatra at 85c.@$l 70 iu bond.
Straits tin has been in fairly active demand and prices fa lv e sto n ...... 51.327 21,829 18,237 91,38 l 202,007 60,13 i 09,773 338,515
763
763
2,2 ?9
2,279
have advanced. At the close, however, under increased sup Pex. City, &G..
'Jew O rleans.. 3,316
32,337 35,043 183,873 13,004
05,734 213,201
plies and easier foreign advices prices weakened slightly, Mobile.............
*
12,718
12,718
closing at 17 90@17 95c. Ingot copper has been i i more active
6,371
2,500
6,37 L 14,432
10,932
demand for export and prices have advanced slightly, closing Javannah....... 8,466
0,303 25,461 40,229
85.751 100,519
8 ,4<10 0,303
at llJ-jC for Lake. Lead has been quiet and prices have B runswick.... 10,002
5,679
10.002
10,102
2 ',781
weakened to 3 75c. for domestic. Spelter has been in fair C harleston__ 7,785
38,174
20,707
13,774 21,559
58,8 il
demand and prices have advanced to-5-10@5 15c. for domestic. Port R oyal__ 11,893
11,^90
11,800
11,890
Pig iron has continued in fair demand and steady at $ I 75 © W ilmington...
21,032 21,033
23.177
47,170
70.353
11 50 for domestic.
N orfolk...........
550
55'.'
2,5 38
2,528
701
701
Refined petroleum has been higher, closing at 7 40c. in 8 'port N., &c..
few
York......
37,577
9,531
950 8,8 M 19,3 7 39,952 1,625
79.054
bbls., 4-90c in bulk and 8'15c. in cases; naphtha steady at 7c.
Boston
..........
130
28,170
2,619
27,990
2,649
Crude certificates have been firmer, closihg at $l 19)£; credit
19,700
175
0,594
2,203 2,43 7 13,115
balances have been advanced to $1 18. Spirits turpentine has Baltim ore......
300
300
advanced sharply on light supplies, closing firm at 36j^@37c. Philadelphia..
8an Fran., &o
40)
950
400
950
........
Rosins have been on limited demand and steady at $1 25@
T o ta l.... ... 111,571 29,081 133,629 2 14,231 6*28.030 87.563 334,951 9S0 553
1 30 for common and good strained. Wool has continued
uiet. H ips have been in fair demand and firm.
Total, 1897.... 105.SU 30,992 91.680 238,549 488 210 120 8 >9 338,018 947,727
856
THE CHRONICLE.
l a i i 'l d i U o a t o a b o v e e x p o r t s , o u r t e l e g r a m s t o - n ig h t, a l s o
g iv e u s th e fo llo w in g a m o u n ts o f o o tto n o n s h ip b o a rd , n o t
c le a re d , a t th e p o rts n a m e d .
W e a d d s im ila r fig u re s fo r
S e w Y o r k , w h i c h a r e p r e p a r e d f o r o u r s p e c ia l Use b y M e s s r s .
L a m b e r t & B arro w -, P r o d u c e Exchange B u i l d i n g .
0M >niU*UOA.KO, JiOT 0LE\*tJSl>
O e t 21 a t
FOR —
C oast'
w ise.
T o ta l,
2 4 ,8 3 9 | 1 7 ,4 4 3
1 6 ,2 0 6 I 2 5 ,0 7 9
1 ,0 0 0 2 5 ,0 0 0
N o n e.
9 ,0 0 0
N o n e.
8 ,0 0 0
N o n e . ; 5 ,0 0 0
1 .5 0 0 ; 2 ,6 5 0
N o n e . 1 2 0 ,0 0 0
1,0 5 3
2,461
N one.
1,5 0 0
N one.
2 0 ,0 0 0
N one.
N o n e.
49.4 6 5
102,701
2 8 .0 0 0
14,5 0 0
3 3 .0 0 0
3 5 .0 0 0
8 ,5 5 0
5 0 .0 0 0
1 5 1 ,1 3 6
1 8 5 ,8 0 7
1 0 7 ,8 0 4
3 0 ,0 1 7
1 1 ,7 7 6
1 1 ,8 7 9
5 6 ,4 2 6
4 6 ,9 5 3
T o ta l 1 8 9 8 ... 1 4 0 ,4 8 5
4 3 ;5 4 5 1 1 2 ,1 7 2 2 5 ,0 1 4
3 2 1 ,2L6
6 0 1 ,7 9 7
T o ta l 1 8 9 7 ... 1 2 3 ,1 5 8
T o t a l 1 8 9 6 ... \ 9 4 ,5 0 5
3 5 .3 3 3 1 0 4 .3 4 1 1 6 .9 2 1
41.H19 11 1 1 ,7 2 3 1 5 ,7 0 5
2 9 4 .7 5 3
3 6 3 ,7 5 2
4 1 4 ,5 5 9
6 9 9 ,6 3 9
C h a r le s to n ........
M o b ile ................
N o rfo lk ...............
N ew Y o r k ____
O th e r p o r t s . . . .
8 ,1 3 0
5 s, 955
2.0 00
4 ,0 0 0
2 5 .0 0 0
1 0 .0 00
4 ,4 0 0
3 0 .0 0 0
S p e c u la tio n in c o tto n f o r f u tu r e d e liv e ry h a s c o n tin u e d
q u i e t . L i t t l e If a n y n e w s p e c u l a t i v e i n t e r e s t lia s b e e n s h o w n
i n t h e m a r k e t . O w i n g t o t h e b e lie f t h a t a n o t h e r l a r g e c r o p
h a s b e e n m a d e , a n d t h e e n o r m o u s s u p p l i e s n o w c o m in g i n t o
s i g h t , f e w o p e r a t o r s se e a n y t h i n g i n t h e s i t u a t i o n o f a n a t u r e
to i n d u c e b u y i n g f o r i n v e s t m e n t a c c o u n t . O n t h e o t h e r h a n d ,
h o w e v e r , t h e f a c t t h a t p r i c e s o n t h e i r p r e s e n t lo w b a s is d i s
c o u n t l a r g e s u p p lie s , t o g e t h e r w i t h t h e f a c t t h a t E u r o p e ,
e x c l u s i v e o f F r a n c e , c o n t i n u e d t o s h o w a d is p o s itio n
t o p u r c h a s e c o t t o n f r e e ly o n t h e b a s is o f c u r r e n t v a lu e s ,
s u f f ic e d t o h o l d b e a r o p e r a t o r s i n c h e c k . T h e p r i n c i p a l d e
v e l o p m e n t o f t h e w e e k h a s b e e n c o o le r w e a t h e r i n c o t t o n
b e l t , a n d o n f r o s t r e p o r t s t h e r e h a s b e e n so m e b u y i n g b y
s h o r t s to c o v e r c o n t r a c t s . N o s e r i o u s d a m a g e h a s b e e n s t a t e d
t o h a v e b e e n d o n e t h e m a t u r i n g c r o p b y th e s e r e p o r t e d
f r o s ts , a s t h e y a l l w e r e o f a l i g h t n a t u r e .
N e v e rth e le s s
on
T h u rsd a y
p ric e s a d v a n c e d se v e ra l p o in ts
d u rin g
e a r l y ’C h a n g e o n
p re d ic tio n s of a f u r th e r d ro p
in
th e te m p e r a tu re a t m a n y p o in ts in th e c o tto n b e lt. D u r in g
t h e a f t e r n o o n , h o w e v e r , f a ir ly ' f r e e s e l li n g f o r f o r e i g n a c
c o u n t, a n d r u m o r s r e l a t i v e t o t h e u n s e t t l e d p o l i t i c a l s i t u a t i o n
i n E u r o p e h a d a d e p r e s s i n g in f lu e n c e , a n d a l l o f t h e i m p r o v e
m e n t w a s lo s t. T o - d a y t h e m a r k e t w a s q u i e t a n d w i t h o u t
c h a n g e s o r n e w f e a t u r e s o f a n i m p o r t a n t n a t u r e . T h e c lo s e
sh o w e d p ric e s u n c h a n g e d fo r th e d a y . C o tto n on th e s p o t a d
v a n c e d l-1 6 c . o n M o n d a y a n d o n T h u r s d a y . T o -d a y t h e m a r
k e t w a s q u i e t a n d easy*, c l o s in g a t 5 % c , f o r m i d d l i n g u p l a n d s .
T h e r a t e s o n a n d o i l m i d d l i n g , a s e s t a b l i s h e d S e p t. 15, 1893,
b y t h e R e v is io n C o m m i t t e e , a t w h i c h g r a d e s o t h e r t h a n
m i d d l i n g m a y b e d e l i v e r e d o n c o n t r a c t , a r e a s fo llo w s .
F a i r ............................................a.
M id d lin g F a i r ...........................
S t r i c t G o o d M id d lin g ............
G o o d M id d lin g .. ...................
S tr ic t Low M id d lin g .............
L o w M ld d U n c ...........................
S tr ic t G o o d O r d in a r y ............
Io n
lio n
710o n
0ia o n
3la off
7 ,a off
% off
G o o d O r d in a r y ....................a . H , a ofl
G o o d M id d lin g T in g e d .......... E v e n
S tr i c t M id d lin g S t a i n e d ___ 7 , , ofl
M id d lin g S ta in e d ......... ........... 7l a off
S tr ic t L o w M id. S t a i n e d . .. 1 ofl
L o w M id d lin g S ta i n e d .......... IS s o ff
O n t h i s b a s i s t h e o f fic ia l p r i c e s f o r a f e w o f t h e g r a d e s f o r
t h e p a s t w e e k — O c t. 15 t o O c t. 31— w o u ld b e a s f o llo w s .
UPLAN D S.
S a t.
G ood O r d in a r y ...............................
L o w M id d lin g .................................
M id d lin g ............................................
G ood M id d lin g ...............................
M id d lin g F a i r . . . ............................
G U LF.
M on Tue*
43a
5
5 7i«
4^8
5
-571*
5*
4 “ja
4 l6 It
53s
511,,
6%
430
5_
5% fl
63,8
63, „
S a t . 1M o n T u e *
G ood O r d in a r y ..............................
L ow M id d lin g .................................
M id d lin g ............................................
G ood M id d lin g ................................
M id d lin g F a i r : .................... ...........
S T A IN E D .
L ow M id d lin g ..................................
M id d lin g ............................................
S tr ic t M id d lin g , ...........................
Good M
*:n g e d ...............
4 » ,a
5 » ,b !
5=8
51% ,
6=s 1
Sat.
4
4l&Je
5%
4»s
5%
5U „
0
6 7 ,,
4%
5%
511,8
6
67.„
Iff o n T a o s
4 ije
5
5732
i>7j#
57 2
5 7 j«
Wed
Wed
4=6
5%
5 H ,s
07-8
T il.
F rl.
■Dm" 4 7,a
o is
51,0
5%
5%
5 1 3i. 518,f
6 j4
6%
T il.
Frl
4 il,a
a s 1'a 6
5%
5%
5%
fits
01,6
6%
Wed
T il.
Frl
f,e
5
57Ss
57,„
4%
She
5®32
5 12
4 >8
51,8
5»r j
5 >2
T h e q u o ta tio n s fo r m id d lin g u p la n d a t N ow Y o rk o n
O c t. 31 f o r e a c h o f t h e p a s t 33 y e a r s h a v e b e e n a s f o llo w s .
1 8 9 8 . .. .0 . 5<*
3la
1 8 9 8 .......... 715],
1 8 9 5 .......... 8-5)
1 8 9 4 .......... 5 Te
1 8 9 3 .......... 8 ’ ,*
1 8 9 2 ..........
1 8 9 1 .......... 8 "i*
1 8 9 0 . . . . 0.1 0 %
1 8 8 2 . . . .0 .111,8
1 8 8 9 . ........10 % 0
1 8 8 1 ...
1888. ........ 93+
1 8 8 0 ... - 1 1 3 ,8
1 8 8 7 . ........ 9%
1 8 7 9 ... ..1 1 ) 0
1 8 8 6 . ........ 9 s iS
1 8 7 8 ... . . I)7,
18 8 5 . ........ B l'ia 1 8 7 7 .,..
1884.
1 9 7 6 ,... ..1 0
1 8 8 3 . ........1 0 J, e
1 8 7 5 .... -.1413
M ARKET AND SALES.
T h e to ta l s a le s o f c o tto n o n th e s p o t
w e e k a r e i n d i c a t e d i n t h e f o l lo w in g
c o n v e n i e n c e o f t h e r e a d e r w e a ls o a d d
a t a g la n c e h o w th e m a r k e t fo r sp o ts
sa m e d ays,
Sp o t M a r k e t
Clo sed .
S a tu r d a y ..
M o n d a y ..
T u e s d a y . ..
W ednesday
T h u r s d a y ..
F r i d a y ........
T o ta l,* ...
FCTtm ES
M ark et
C lo sed ,
S a lk s o f S p o t & C o n t r a c t .
D u ll a n d e a s y .. S te a d y ..........
S te a d y a t t e n d . F i n n .............
Q u i e t .................... S te a d y . . . . . .
Q a ie t a t l ^ a d v . S t e a d y ..........
D u ll a n d e a a y .. S t e a d y . . . . . .
1 8 7 3 .........18%
1 8 7 2 ........ 19=8
1 8 7 1 .........1 8 7e
1 8 7 0 .........18%
1 8 8 9 .........20=8
1 8 8 8 .........2 5 ia
1 8 0 7 .........19
e a c h d a y d u r in g th e
s ta te m e n t.
F o r th e
c o lu m n s w h ic h s h o w
a n d f u tu r e s c lo s e d on
E x
p o rt,
500
500
OonC on
s u m p . tra ct.
LXVII.
F u t u r e s .—T h e h i g h e s t , l o w e s t a n d c l o s in g p r io e s
F u t u r e s a t M ew Y o r k a r e s h o w n i n t h e f o l l o w i n g t a b l e .
of
L e a v in
sto ek
G reat
„
| O ther
B r ita in . F r a n c e -1F o r tig n
N ow O r le tu w ...
G a lv o sito u .. . . . . .
[VOL.
Total.
83
57
33
410
123
116
ib o
600
400
io o
83
157
633
810
023
210
822
1,200
2 5 22
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T h e V i s i b l e S u p p l y o f C o t t o n to - m g t i t ., a s m a d e
up b y
a b le a n d t e l e g r a p h is a s f o llo w s . C o n t i n e n t a l s t o c k s , a s w t 11
as th o s e f o r G r e a t B r i t a i n a n d t h e a f l o a t a r e t h i s w e e k ’s r e
t u r n s a n d c o n s e q u e n t l y a ll E u r o p e a n f i g u r e s a r e b r o u g h t d o w n
to T h u r s d a y e v e n in g . B a t t o m a k e t h e t o t a l t h e c o m p l e t e
fig u re s f o r t o - n i g h t (O c t. 31), w e a d d t h e i t e m o f e x p o r t s f r o m
th e U n ite d S ta te s in c lu d in g in i t th e e x p o r ts o f F r id a y o n l y .
1898.
1897.
1896.
1 8 9 5.
S to c k a t L iv e r p o o l . . . . . b a l e s .
3 3 0 ,OOC 2 8 8 ,00C 3 9 3 ,0 0 0 8 8 7 ,0 0 0
S took a t L o n d o n ...................... ..
'3,000
4 ,0 0 0
1 0 ,0 0 0
6 ,0 0 0
T o t a l G r e a t B r i t a i n s to c k .. 5 3 3 ,0 0 0 2 9 2 ,0 0 0 4 0 6 ,0 0 0 8 9 3 .0 0 0
S to o k a t H a m b u r g . ...................
1 7 ,0 0 0
1 1 ,0 0 0
2 5 ,0 0 0
3 2 ,0 0 0
9 9 ,0 0 0
S to o k a t B r e m e n ..................... ..
3 8 ,0 0 0
6 1 ,0 0 0
5 3 .0 0 0
1 ,0 0 0
1 ,0 0 0
4 ,0 0 0
4 took a t A m s te r d a m ............. ..
9 ,0 0 0
S took a t R o t t e r d a m ...................
30 0
200
300
100
7 ,0 0 0
6 ,0 0 0
Stook a t A n tw e r p ......................
8 ,0 0 0
1 0 ,0 0 0
5 3 ,0 0 0
74 ,0 0 0
Stook a t H a v r e .............................
8 2 ,0 0 0
2 5 5 ,0 0 0
4 ,0 0 0
5 .0 0 0
4 ,0 0 0
Stook a t M a r s e ille s ..................
4 ,0 0 0
2 7 ,0 0 0
2 7 ,0 0 0
4 2 ,0 0 0
S to o k a t B a r o e lo n a .....................
3 8 ,0 0 0
2 3 ,0 0 0
1 4 ,0 0 0
2 0 ,0 0 0
Stook a t G e n o a ............................
4 ,0 0 0
1 7 ,000
8 .0 0 0
2 4 ,0 0 0
2 3 ,0 0 0
Stook a t T r i e s t e ...........................
T o ta l C o n tin e n ta l s to c k s .. 2 3 1 .300
2 5 7 ,1 0 0
1 5 2 ,3 0 0
4 9 0 ,2 0 0
T o ta l E u r o p e a n s t o o k s , . .. 7 6 4 ,3 0 0 4 4 4 ,3 0 0 6 6 3 .1 0 0 1 ,3 8 3 ,2 0 0
2 5 .0 0 0
lu d la o o tto n a f lo a t f o r E u r o p e
1 1 .0 0 0
3 9 .0 0 0
3 7 ,0 0 0
tm e r .o o tto n a flo a t f o r E u r o p e 6 1 5 ,0 0 0 6 0 5 ,0 0 0
5 7 3 ,0 0 0
3 7 6 ,0 0 0
S S gypt,B ra/.U ,,to .,ailt.fo r E 'p e
3 9 .0 0 0
5 2 ,0 0 0
2 4 .0 0 0
3 9 ,0 0 0
S tock In U n ite d S ta te s p o r t s . 9 2 3 ,0 1 3
6 9 9 ,3 1 5 1 ,0 6 3 ,3 9 1 9 0 2 ,5 2 0 '
Stook In U . 8 . l u t e r l o r to w n s .. 476,93*2 3 2 5 ,5 7 6 4 1 7 ,3 5 5
3 2 5 ,5 7 4
6 1 .6 5 7
4 5 .4 0 7
4 8 ,6 2 2
5 2 ,1 6 1
T u tted S ta te s e x p o r t s to - d a y .
T o ta l V isible s u o p l j ............ 2 ,9 2 2 ,9 0 2 2 ,1 0 3 ,5 9 8 2 ,8 7 3 .4 6 8 3 ,1 2 8 ,1 5 5
O f t b e a b o v e , t o t a l s o l A in a r lo a n a n d o tlie r d e s c r ip t io n s a r e a s fo llo w s :
A m « rv ;a » —
L iv e rp o o l s to o k ............... b a l e s . 4 5 4 ,0 0 0
2 1 0 .0 0 0 2 8 4 ,0 0 0 7 7 8 .0 0 0
C o n tin e n ta l s to o k s ...................... 1 7 1 ,0 0 0
1 0 7 .0 0 0 1 6 7 ,0 0 0
4 1 2 .0 0 0
3 7 6 .0 0 0
A m e ric a n a flo a t f o r E n r o p e . .
6 4 5 .0 0 0 0 0 5 .0 0 0 5 7 3 ,0 0 0
U n ite d B ta te s s to o k ...................
9 2 3 ,0 1 3 6 9 9 ,3 1 5 1 ,0 0 3 ,3 9 1
9 0 2 .5 2 0
3 2 5 .5 7 4
U n ite d S ta te s I n te r i o r s to o k s . 4 7 6 ,9 3 2
3 2 5 ,5 7 0 4 4 7 ,3 5 5
U n ite d StatOB e x p o r ts to - d a y .
0 4 ,6 5 7
4 5 .4 0 7
4 8 ,6 2 2
52,161
T o ta l A m e r ic a n ................... 2 ,7 3 1 ,6 0 2 1 ,9 9 2 ,2 9 8 2 ,5 8 3 ,3 6 8 2 ,8 4 6 ,2 5 5
S m t I n d i a n , B r a s il, A t —
L iv erp o o l s to o k ...........................
7 6 ,0 0 0
7 8 ,0 0 0
1 1 2 ,0 0 0 1 0 9 ,0 0 0
L on d o n s to o k .................................
3 ,0 0 0
4 ,0 0 0
1 0 ,0 0 0
6 ,0 0 0
C o n tin e n ta l s to o k s .....................
6 0 ,3 0 0
4 5 ,3 0 0
9 0 ,1 0 0
7 8 ,2 0 0
In d ia a flo a t fo r E n r o p e ............
2 5 ,0 0 0
1 1 ,0 0 0
3 9 ,0 0 0
3 7 ,OOC
g g y p t, B ra z il, & o„ a f lo a t........
2 4 .0 0 0
3 9 ,0 0 0
3 9 ,0 0 0
5 3 .00i.
T o ta l E a s t I n d ia , * 0 .......... 1 8 3 ,3 0 0
1 7 7 ,3 0 0
2 9 0 ,1 0 0 28 2 .2 0
T o ta l A m e r ic a n ................... 2 ,7 3 4 ,6 0 2 1 ,9 9 2 ,2 9 8 2 ,5 8 3 ,3 6 8 2 ,8 1 6 ,2 5 .5
T o ta l v is ib le s u p p l y .......... 2 ,9 2 2 ,9 0 2 2 ,1 6 9 .5 9 8 2 ,8 7 3 ,4 6 8 3 ,1 2 8 ,4 5 5
f lld d lln g U p la n d , L iv e r p o o l..
3 L ed.
3 %d
4i6,(5d.
4=aa.
M iddling U p la n d , N e w Y o rk .
5% e
6% o.
8o.
8=,...:.
E g y p t G ood B ro w n . L iv e rp o o l
4»ied. 4 lo ,fid.
5 i» is d .
6=sfl.
P e rn v .B o n g h G o o d , LI v e rp o o l
6 i3 I0d .
6% d.
6 i la d ,
6 :%4.
B roaob F in e , L iv e r p o o l.......... .
3<>16d.
3% d.
4316d.
4is>32d.
T ln n e v e lly G o o d , L ly e r p o o l..
3 ija d . 3 l s la d .
4 73 id .
47la d,
X W T h e im p o rts in to C o n tin e n ta l p o rts th e p a s t w e e k h a v e
b e e n 61,000 b a le s .
T h e a b o v e f ig u r e s i n d i c a t e a n in c r e a s e i n t h e o o t t o n i n s i g h t
t v n i g h t o f 753,304 b a l e s a s c o m p a r e d w i t h t h e s a m e d a t e
i t 1897, a gain of 49,434 bales over the #v\*ro( .p o n d in g d a t e
a t 1896 a n d a d e c r e a s e o f 205,553 b a l e s f r o m 1895,
Octobeb
22, 1898.
J
THE CHRONICLE.
A T t h e I n t e b i o b T o w n s t h e m o v e m e n t — t h a t i s t h e r e c e ip ts
f o r t h e w e e k a n d s i n c e S e p t e m b e r 1, t h e s h i p m e n t s f o r t h e
w e e k a n d th e sto c k s to - n ig h t, a n d th e sa m e ite m s fo r th e
c o r r e s p o n d i n g p e r i o d o f 1897— is s e t o u t i n d e t a i l b e lo w .
Q u o t a t io n s f o b M id d l in g C o t t o n a t O t h e b M a r k e t s .—
B e lo w a r e d o s i n g q u o t a t i o n s o f m i d d l i n g c o t t o n a t S o u t h e r n
«nd o t h e r p r i n c i p a l c o t t o n m a r k e t s f o r e a c h d a y o f t h e w e e k .
CLOSING QUOTATIONS FOB MIDDLING COTTON ON-
Oct. 21.
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Oct. 22.
T h e a b o v e to ta ls s h o w t h a t th e in te r io r s to c k s h a v e
in c r e a s e d d u r i n g t h e w e e k 86,113 b a le s , a n d a r e t o - n i g h t 1 51,356
D a les m o re t h a n a t t h e s a m e p e r io d l a s t y e a r . T h e r e c e i p t s a t
a ll t h e to w n s b a v e b e e n 87,976 b a le s m i r e t h a n t h e s a m e
w e e k l a s t y e a r a n d s in c e S e p t. 1 t h e y a r e 223,682 b a le s m o r e
t h a n f o r t h e s a m e t i m e i n 1897.
O v e r l a n d M o v e m e n t f o b t h e W e e k a n d S in c e S e p t . 1 .—
W e g iv e b e lo w a s t a t e m e n t s h o w in g t h e o v e r l a n d m o v e m e n t
f o r t h e w e e k a n d s in c e S e p t. 1, a s m a d e u p f r o m t e l e g r a p h i c
r e p o r t s r e c e iv e d F r i d a y n i g h t .
T h e re s u lts f o r th e w eek
e n d i n g O c t. 21 a n d s in c e S e p t . 1 i n t h e l a s t t w o y e a r s a r e
a s f o llo w s .
13 9 7 .
18 0 8 .
Week,.
S h ip p e d —
V ia 8 t. L o u i s .....................................
V ia C a i r o .............................................
V ia P a r k e r .........................................
V ia R ock I s la n d ...............................
V ia L o u is v ille ........................ ...........
V ia C in c in n a ti..................................
V ia » th e r r o u t e s , & c ......................
S in c e
S ep t. 1.
2 3 ,3 8 4
13,0 7 2
8 5 ,1 5 8
3 9 ,5 3 2
3 ,9 3 0
2,1 2 3
2,6 4 9
3 ,0 7 4
T o ta l g ro s s o n o r la n d .................
D e d u ct s h ip m e n ts —
O v e rla n d to N. Y ., b o s t o n , A c.
B e tw e e n i n t e r i o r to w n s ...............
I o la n 1, A c., fr o m S o u t h . . . . ........
To a l to b e d o r t u o t e d . .. . .......
1 3 ,2 8 4
W eek.
Since
Sept. 1
8,7 2 8
9 ,7 0 7
10,9 7 3
1 3 ,8 8 6
3 1 ,5 2 5
10,351
480
1,714
3,1 8 1
1,6 8 7
2 ,7 4 6
1 07,579
4 6 ,9 3 5
2,027
3,4 6 5
10,609
6,614
10,262
4 8 ,2 4 2
1 6 7 ,9 8 4
5 1 ,6 8 4
1 87,491
11,159
1,203
922
2 7 ,0 2 6
1.715
6,0 3 9
1 0 .2 4 0
542
579
2 7 .709
1,503
ti.535
L e a v in g to ta l n e t o v e r la n d * ..
34.9 5 8
* la o ln d ln g m o v e m e n t b y r a ti to C a n a d a .
3 4 ,7 8 0
11,3 6 1
3 5 ,7 4 7
1 3 3 ,2 0 4
4 0 ,3 2 3
1 51,744
T h e f o r e g o i n g s h o w s t h a t t h e w e e k ’s n e t o v e r l a n d m o v e m e n t
t h i s y e a r h a s b e e n 34,958 b a le s , a g a i n s t 40,323 b a le s f o r t h e
w e e k In 1897, a n d t h a t f o r t h e s e a s o n t o d a t e t h e a g g r e g a t e n e t
o v e r la n d e x h i b i t s a d e c r e a s e f r o m a y e a r a g o o f 18,540 b a le s .
I n 8 ig k t a n a S p in n ers*
T a k in g s .
18 9 8 .
Week.
S in c e
S ep t. 1.
1897
W eek.
S in c e
Sept, l
R e c e ip ts a t p o r ts to O ct. 21 .. _. 4 2 2 ,3 7 9 1 ,8 6 2 ,2 9 9 370,541 1 ,78 1 ,0 9 5
N-fc iv e r la n d to O ct. 2 1 ..................
1 3 3 ,204 4 0 ,3 2 3
15 1 ,7 4 4
3 4 ,9 5 8
S o u th e rn c o n s u m p tio n to O ct. 21 2 6 ,0 0 0
162,Ol)t
1 9 2 ,000 2 1 ,0 0 0
T o ta l m a r k e t e d ............................ 4 3 3 ,3 3 7 2 ,1 8 7 ,5 0 3 4 3 1 .864 2 ,0 9 4 ,8 3 9
8 6 ,1 1 3
3 7 2 ,8 1 3 3 3 ,0 0 0 2 6 0 ,5 0 0
C am e I n to a lg h t d u r l n g w e e k . 5 6 9 ,4 5 0
4 6 5 ,4 6 4
2 ,5 0 0 ,3 1 6
N o r 'l / n s p in n e r s ta k 'g s to O ot. 21
6 6 .8 0 5
2 '6 867
2 ,3 7 5 ,3 3 9
6 9 .6 0 7
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October 2 1 .
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T h e c lo s in g q u o t a t i o n s t o - d a y ( F r i d a y ) a t o t h e r i m p o r t a n t
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W ilm ington.
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B a ltim o re ...
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| N a to h e z ......... ..
1R a l e l g b .......... ..
1 S h r e v e p o r t___
4%
W e a t h e r R e p o r t s b y T e l e g r a p h .— T e l e g r a p h i c a d v ic e s
t o u s t h i s e v e n i n g i n d i c a t e t h a t o n t h e w h o le t h e w e a t h e r h a s
b een fa irly fa v o ra b le a t th e S o u th th e p a s t w eek . T h e w o r k
o f g a th e r in g th e c ro p h a s m a d e e x c e lle n t p ro g re s s , a lth o u g h
in te r fe r e d w ith b y r a in a t so m e p o in ts . M a rk e tin g h a s b e e n
v e r y f re e . T h e t e m p e r a t u r e h a s b e e n l o w e r a s t h e w e e k
c lo s e s a n d l i g h t f r o s t s w e r e r e p o r t e d in s o m e l o c a l i t i e s t h i s
m o r n in g , i n c l u d i n g d i s t r i c t s i n N o r t h T e x a s .
G a lv e s to n , T e x a s .— R a i n h a s r e t a r d e d p i c k i n g in s o m e l o c a l
i tie s , b u t w h e r e t h e w e a t h e r h a s p e r m i t t e d , t h e g a t h e r i n g o f
t h e c r o p h a s b e e n r u s h e d . T a k e n a s a w h o le t h e y i e l d is r e
p o r te d a s g o o d . W e h a v e h a d r a i n o n t h r e e d a y s o f t h e p a s t
■week, t o t h e e x t e n t o f e i g h t y t w o h u n d r e d t h s o f a n i n c h .
A v e r a g e t h e r m o m e t e r 67, h i g h e s t 82 a n d l o w e s t 51.
P a le s tin e , T e x a s .— L i g h t f r o s t t h i s m o r n in g . W e h a v e h a d
r a in on tw o d a y s d u r in g th e w e e k , th e p r e c ip ita tio n re a c h in g
o n e in c h a n d s i x t y h u n d r e d t h s . T h e t h e r m o m e t e r h a s a v e r
a g e d 60, t h e h i g h e s t b e i n g 84 a n d t h e lo w e s t 36.
H u n ts v ille , T e x a s — I t h a s r a i n e d h e a v i l y o n tw o d a y s o f
t h e w e e k , t h e p r e c i p i t a t i o n r e a c h i n g t w o i n c h e s a n d tw e lv e
h u n d r e d t h s , L i g h t f r o s t t h i s m o r n in g . T h e t h e r m o m e t e r
h a s a v e r a g e d 60, r a n g i n g f r o m 40 t o 82.
D a lla s, T e x a s .— L i g h t f r o s t t h i s m o r n in g . T h e r e h a s b e e n
r a i n o n o n e d a y o f t h e w e e k , b u t t h e r a i n f a l l w a s to o s m a ll
t o m e a s u r e . T h e t h e r m o m e t e r h a s r a n g e d f r o m 34 t o 84,
a v e r a g i n g 60.
S a n A n to n io . T e x a s .— C o ld w e a t h e r h a s c a u s e d b o lls t o
o p e n r a p i d l y . W e h a v e h a d r a i n o n o n e d a y o f t h e w e e k , to
th e e x te n t o f tw o h u n d r e d th s o f a n in c h .
M im im u m te r n
p e r a t u r e 40.
L u tin g , T ex a s. —T h e r e h a s b e e n r a i n o n o n e d a y d u r i n g t h e
w eek, th e p re c ip ita tio n re a c h in g th irty - th re e h u n d re d th s of
a n in c h . A v e r a g e t h e r m o m e t e r 65, h i g h e s t 90 a n d l o w e s t 39.
C o lu m b ia , T e x a s .— T h e r e h a s b e e n r a i n o n o n e d a y o f t h e
w eek , th e ra in fa ll r e a c h in g th ir ty sev en h u n d re d th s of a n
i n c h . T h e t h e r m o m e t e r h a s a v e r a g e d 59, r a n g i n g f r o m 38 t o
79.
C u e ro , T e x a s .—W e h a v e h a d r a i n o n t w o d a y s d u r i n g t h e
w eek , to th e e x te n t o f n in e te e n h u n d r e d th s . T h e t h e r
m o m e t e r h a s r a n g e d 1r o m 39 to 83, a v e r a g i n g 61.
B r e n h a m , T e x a s .— I t h a s r a i n e d o n t h r e e d a y s o f t h e w e e k ,
th e ra in fa ll re a c h in g o n e in c h a n d fo rty -fo u r h u n d re d th s .
A v e r a g e t h e r m o m e t e r 64, h i g h e s t 88, lo w e s t 40.
C o r p u s U h r is ti, T e x a s .— T h e r e h a s b e e n b e n e f ic ia l r a i n o n
t w o d a y s d u r i n g t h e w e e k , t o t h e e x t e n t o f f if te e n h u n d r e d t h s
o f a n i n c h , b u t m o r e r a i n is n e e d e d . T h e t h e r m o m e t e r h a s
a v e r a g e d 66, t h e h i g h e s t b e i n g 82 a n d t h e lo w e s t 50.
L o n g v ie w , T e x a s — L i g h t f r o s t t h i s m o r n in g .
W e a th e r fo r d , T e x a s . — W e h a v e h a d n o r a i n d u r i n g t h e
w eek.
T h e t h e r m o m e t e r h a s r a n g e d f r o m 33 t o 82, a v e r a g
i n g 58.
N ew O r le a n s , L o u i s i a n a .— W e h a v e h a d r a i n o n t w o d a y s
th e p a s t w eek , th e r a in fa ll re a c h in g o n e in c h a n d fo u r h u n
d r e d t h s . A v e r a g e t h e r m o m e t e r 64.
S h r e v e p o r t, L o u i s i a n a .— W e h a v e h a d r a i n o n t h r e e d a y s
d u r in g th e w eek , to th e e x te n t o f tw o in c h e s a n d e ig h ty -e ig h t
h u n d r e d t h s . T h e t h e r m o m e t e r h a s a v e r a g e d 59, t h e h i g h e s t
b e in g 82 a n d t h e lo w e s t 41.
C o lu m b u s, M i s s is s i p p i .— B a d w e a t h e r r e t a r d s p ic k in g . I t
h a s ra in e d on tw o d a y s o f th e w e e k , th e p r e c ip ita tio n re a c h
in g n in e ty h u n d r e d th s o f a n in c h .
T h e th e r m o m e te r h a s
a v e r a g e d 75, r a n g i n g f r o m 40 t o 85.
L e la n d , M i s s is s i p p i.— F r o s t h a s o c c u r r e d o n t h r e e n i g h t s
d u rin g th e w e e k . I t h a s ra in e d o n tw o d a y s o f th e w eek , t h e
r a i n f a l l b e in g t w o i n c h e s a n d s e v e n ty - n in e h u n d r e d t h s . T h e
t h e r m o m e te r h a s r a n g e d I r o m 37 t o 73, a v e r a g i n g 56 7.
V ic k s b u rg , M i s s i s s i p p i .— Q u a r a n t i n e s a r e r e t a r d i n g r e c e i p t s
s o m e w h a t. W e h a v e h a d r a i n o n t w o d a y s o f t h e p a s t w e e k ,
t h e r a i n f a l l r e a c h i n g t w o i n c h e s a n d tw e n ty - f iv e h u n d r e d t h s .
A v e r a g e t h e r m o m e t e r 59, h i g h e s t 78 a n d lo w e s t 41.
G r e e n v ille , M i s s is s i p p i.— T h e w e a t h e r is c lo u d y a n d c o o le r .
L i t t l e R ock, A r k a n s a s .— W e h a v e h a d r a i n o n t h r e e d a y s
d u rin g th e w e e k , th e r a in fa ll re a c h in g tw o in c h e s a n d f o r ty
h u n d r e d t h s . T h e t h e r m o m e t e r h a s a v e r a g e d 54, t h e h i g h e s t
b e in g 74 a n d t h e l o w e s t 3 7 .'
to 8
[V ol. LX VII.
THE CHRONICLE.
H e le n a , A r k a n s a s .— I t h a s r a i n e d o n t h r e e d a y s o f t h e w e e k ,
t h e r a i n f a l l r e a c h i n g t w o i n c h e s a a d e le v e n h a n d r e d t h s . T o o
m u c h r a i n . T h e t h e r m o m e t e r h a s a v e r a g e d 58-83, r a n g i n g
f r o m 35 ( t h i s m o r n in g ) to 71.
M e m p h is, T f itu essi-t'.— W a g o n q u a r a n t i n e w i l l b e a b o l i s h e d
in a f e w d a v s . I t h a s r a i n e d o n t w o d a y s o f t h e w e e k , t h e
p re c ip ita tio n r e a c h in g o n e in c h a n d e ig h t y -th re e h a n d r e d th s .
T h e t h e r m o m e te r h a s r a n g e d f r o m TOT t o 7 3 '8 , a v e r a g i n g 54-7.
.Y u m v ille, T en n e sse e ,— W e h a v e h a d r a i n d a r i n g t h e w e e k
to th e e x te n t o f o n e in c h a n d th irty - s ix h u n d r e d th s . A v e ra g e
t h e r m o m e t e r 55, h i g h e s t 78 a n d l o w e s t 37.
M o ln lr, A I a b a m a . — C o t t o n p i c k i n g is a c tiv e .
T h e re h a s
b e e n l i g h t f r o s t t h r o u g h o u t t h e i n t e r i o r on s e v e r a l d a y s a n d
h e a v v f r o s t in s o m e s e c tio n s . T h e r e h a s b e e n r a i n o n tw o
d a v s 'd u r t n g t h e w e e k , t h e p r e c i p i t a t i o n r e a c h i n g f i f t y - f o u r
h u n d r e d t h s " o f a n in c h . T h e t h e r m o m e t e r h a s a v e r a g e d 63,
t h e h i g h e s t b e in g 77 a n d t h e l o w e s t 46.
M o n tg o m e ry , A la b a m a . — L i g h t f r o s ts o c c u r r e d o n t w o d a y s
o f th e w e e k , b u t n o d a m a g e re su lte d .
W e h a v e h a d ra in on
o n e d a y o f t h e p a s t w e e k , t h e r a i n f a l l b e i n g e i g h t y - n in e
h u n d r e t h s o f a n i n c h , a n d i t is r a i n i n g to - d a y a n d w a r m e r ,
T h e t h e r m o m e t e r h a s a v e r a g e d 60 a n d r a n g e d f r o m 43 t o 76.
S e lm a , A la b a m a .— W e h a v e h a d r a i n o n t w o d a y s d u r i n g
th e w e e k , to th e e x te n t o f o n e in c h a n d fifty -tw o h u n d r e d th s .
T h e t h e r m o m e t e r h a s r a n g e d f r o m 38 t o 78, a v e r a g i n g GO.
M a d is o n , F lo r id a .— W e h a v e h a d r a i n o n o n e d a y o f t h e
w e e k , t h e p r e c i p i t a t i o n b e in g f o r t y h u n d r e d t h s o f a n i n c h .
T h e t h e r m o m e te r h a s a v e r a g e d 67, t h e h i g h e s t b e in g 83 a n d
t h e l o w e s t 44.
S a v a n n a h , G e o r g ia . - T h e r e h a s b e e n r a i n o n t h r e e d a y s
d u r i n g t h e w e e k , t h e r a i n f a l l r e a c h i n g f if te e n h u n d r e d t h s o f
a n in c h . T h e t h e r m o m e t e r a v e r a g e d 64, r a n g i n g f r o m 51 to 80.
A u g u s ta , G e o r g ia .— T h e g a t h e r i n g a n d m a r k e t i n g o f t h e
c r o p is p r o g r e s s i n g r a p i d l y . W e h a v e h a d r a i n o u o n e d a y
d u r i n g t h e w e e k , t h e r a i n f a l l b e i n g f if te e n h u n d r e d t h s o f a n
i n c h . T h e t h e r m o m e te r h a s r a n g e d f r o m 41 to 73, a v e r a g
i n g 58.
C h a r le s to n , S o u th C a r o lin a .—T h e r e h a s b e e n r a i n o u t w o
d a y s o f t h e w e e k , t h e p r e c i p i t a t i o n b e in g t w e n t y h u n d r e d t h s
o f a n i n c h . A v e r a g e t h e r m o m e t e r 65, h i g h e s t 83 a n d l o w
e s t 51.
S ta te b u r g , S o u th C a r o lin a .— L i g h t f r o s t o c c u r r e d o n lo w
g r o u n d o n t w o m o r n in g s , b a t n o d a m a g e d o n e . W e h a v e
h a d r a in o n o n e d a y d u r in g th e w e e k , to th e e x te n t o f f o rty
fo u r h u n d r e d th s o f a n in c h . T h e th e r m o m e te r h a s a v e r a g e d
60-3, t h e h i g h e s t b e in g 77 a n d t h e l o w e s t 43.
G r e e n w o o d , S o u th C a r o lin a .— T h e r e h a s b e e n r a i n o n t w o
d a y s o: t h e p a s t w e e k , to t h e e x t e n t o f o n e i n c h a n d e i g h t e e n
h a n d re d th s .
T h e t h e r m o m e t e r h a s a v e r a g e d 53, r a n g i n g
f r o m 41 t o 65.
W ils o n , South C a r o l i n a .— I t h a s r a i n e d o n t w o d a y s o f t h e
w e e k , t h e p r e c i p i t a t i o n b e in g o n e i n c h a n d e i g h t y - f i v e b u n
d r e d t h s . T h e t h e r m o m e t e r h a s r a n g e d f r o m 43 t o 70, a v e r
a g i n g 59.
T he f o l lo w in g s t a t e m e n t w e n a v e a ls o r e c e i v e d b y t e l e g r a p h
s h o w in g t h e h e i g h t o f t h e r i v e r s a t t h e p o i n t s n a m e d a t
3 o ’c l o c k O c to b e r 30, 1898, a n d O c t o b e r 2 1, 1897.
Qic th e d e v e lo p m e n t of th e p la n t* . P l a n t e r s w h o a r e i n a v e r y g o o d
fl naaot& l post It o u a r e h o ld in g t h e i r c o tto n ott* th e m a rk e t, a b s o lu t e ly
r e f u s in g to s e ll a t c u r r e n t p ric e s . T a le a c c o u n ts fo r th e s m a ll re o e i o ts .
T h e q u a lity «»f th e fir s t p io k u iif is .su p e rio r to l a s t s e a s o n , e s p e c ia lly a s
to s ta p le . T h e s e c o n d p ic k in g is e x p e c te d to b e In f e rio r, d u e to t h e
fo g s.
S ka Island Ootton Movem ent .-—We have r e c e i v e d t h i s
( F r id a y ) e v e n i n g b y t e l e g r a p h f r o m t h e v a r i o u s p o r t , t h e
i e t a i l s of t h e 8 e a I s l a n d c o t t o n m o v e m e n t f o r t h e w e e k
The
re c e ip ts for t h e w e e s e n d i n g t o - n i g h t (O c t. 31) a n d s in c e
3 e p t. 1 ,1 8 9 8 , t h e s t o c k s t o - n i g h t , a n d t h e s a m e i t e m s fo r t h e
o o r r e a p o n d in g o e r i o d s o f 1897, a r e a s f o l lo w s .
1898.
R e c e ip t! to Oct. 2 1 .
18 9 7 .
Sloe*.
S in c e
S in c e
T k ii
TM i
w eek. S e p t. 1, w eek. S e p t. 1. 1 8 9 8 . | 1 8 9 7 .
S a v a n n a h .............................
O tia rle a to n , & o....................
f io r id a , & o...........................
3 ,0 5 4
2 38
9 ,5 12
65 1
2,8 3 9
4 09
15 0
8,6 0 6 1 1 ,4 0 0 1 2 ,5 6 9
1,3 63 1,7 3 6 2 ,2 1 5
326
5411
429
T o ta L ...............................
3 ,2 9 2
9 ,1 6 3
3 ,3 9 8
1 0 ,2 9 5 13,6771'.5 2 1 3
....
N ew E ngland C otton M ills S ituation —N ew P lan
A dopted at F all R iv er .— T h e p l a n r e f e r r e d to i n l a s t
w e e k s C hronicle , t h e o p e r a t i o n o f w h i c h i t is e x p e c t e d w i l l
r e s u lt in a n im p ro v e m e n t in th e g o o d s m a r k e t a t F i l l R iv e r ,
w a s a d o p te d o n T h u r s d a y , O c t. 30, a l l t h e p r i n t c l o t h m i l l s
p a rtic ip a tin g in th e a c tio n ta k e n , a n d g o es in to e l e c t im m e
d ia te ly . T h e p l a u i n b r i e f is a s f o llo w s :
A ll 84 s q u a r e s 33 i n c h , 5 6 - s q u a r e s 3 7 -in c h , 64-s i x t i e s 3 7 - in c h
a n d 64 s i x t i e s 2 8 - in c h g o id s m a d e in t h e c i t y a r e t o b e s l i d b y
tw o t r u s t e e s . T h e s u r p l u s s t o c k o f t h e g o o d s n a m e d t o be
p o o le d a n d g i v e n i n t o t h e h a n d s o f t w o t r u s t e e s , a n d a t t h e
e n d o f e v e r y q u a r t e r t h e p r i c e w ill p r o b a b l y b e a v e r a g e d a n d
e a c h m i l l r e i m b u r s e d p r o r a t a . E a c h m i l l w ill b ill t h a t p o r
t i o n o f t h e p r o d u c t w h ic h c o m e s u n d e r t h e a g r e e m e n t to t h e
t r u s t e e s , w h o w ill s e l l t h e s a m e . A n i m p o r t a n t f e a t u r e o f
t h e p la n is a f o u r - w e e k s c u r t a i l m e n t t o b e a c c o m p l i s h e d
w ith in th e n e x t th re e m o u th s, a u d a n e v e n g r e a te r c u r t a i l
m e n t m a y be a rra n g e d u n d e r th e te rm s o f th e a g re e m e n t. If
a m i l l c a n n o t o r w ill n o t s h u t d o w n t h e t i m e r e q u i r e d i t
m u s t p a y a p e n a l t y o f h a l f a c e n t p e r s p i a d le p e r w e e k t o a
e n e ra l fu n d , w h ic h w ill b e d iv id e d a m o n g th e m ills t h a t
s to p .
A n a d v i s o r y c o m m i t t e e o f fiv e t o lo o k a f t e r t h e m a t t e r o f
t h e p r o d u c t i o n o f t h e f o u r c la s s e s o f g o o d s , a n d t w o t r u s t e e s
w h o a r e t o s e l l t h e s e g o o Is a u d h a v e e n t i r e c h a r g e o f t h e d i s
p o s i t i o n o f t h e s u r p l u s s to c k , w e r e e l e c te d . M e ss rs . F r a n k iV.
B r i g h t m a n a u d G y r u s C. R o u u s e v i l l e w e r e n a m e d a s t h e
t r u s t e e s a n d M e s s rs . C h a r l e s M. S h o v e , T h o m a s E , B r a y t o n ,
J o s e p h A . B a k e r, D a v id A . B r a y to n a n d J a m e s E . O s b o rn as
t h e A d v is o r y C o m m itte e ,
F ifty -tw o m ills a re in c lu d e d in th e a g re e m e n t, a n d th e s e
m ills c o n t a i n a b o u t 2,500,000 o f t h e t h r e e m i l l io n s p i n d l e s i n
t h e c ity . S o m e o f t h e m i l l s w ill c lo s e n e x t w e e k .
R eduction
in
W ages
in
A ugusta (Q-a .) C otton M il l s .—
I t is o fficially a n u o u n c e d b y P r e s 't C h a rle s E s te s , o f th e S o u th e r n C o t
to n M a n u f a c tu re rs ' A ss o c ia tio n , t h a t a ll th e m ills In t h e A u g u s ta d i s
t r i c t t h a t a r e in th e a s s o c ia tio n h a v e d e c id e d u p o n a r e d u c tio n o f
w a g es. T h e re d u c tio n w ill a v e r a g e a b o u t 10 p e r c e n t, r a n g i n g fr o m 3
to 13 p e r c e n t, a m i a ffe c ts a b o u t 5 ,0 0 > o p e r a tiv e s , w ith a b o u t $ 1 ,0 0 0 ,
Oct, 2 0 , '9 8 . Oct. 2 1 . '9 T
0 0 0 y e a r ly p a y -ro ll. T ho n e w s c a le , w h ic h h a s n o t y e t b e e n c o m
Feet.
Feet.
p le te il, w ill go in to effect, so m e tim e in N o v e m b e r.
New O rlean s................. A bove l e r o o l gau ge.
■1-7
A b o u t tw o y m r s a g o , w h e n th e c o tto n g o o d s tr a d e s tr u o k r o c k b o t
35
M sm pbia.........................A bove zero of gauge.
6-1
0 4
to m , a n d th e *1 m o tio n w ith th o N ew E a g la id m ills b e c a m e so a c u te ,
B esb vllle....................................... A bove zero of gauge.4 '4
0- 3
th e re w a s c o n s id e ra b le ta lk iu A u g u s ta a b o u t th e m ills in t ils d i s t lot.
Shreveport....................................Above zero of gauge.l - l
‘ 1-4
c u r ta ilin g p ro d u c io n o r re d u c in g w a g es. I t w a s e v e n s t a t e d a t t h e
Ylokaborg........................ A bove eero of gauge
11-3
1- 8
tim e t h a t t h e m a tte r w a s b ro u g h t u p fo r c o n s id e r a tio n i n t h e .M anu
fa c tu r e r s ' A ss o c ia tio n , b u t th e m ill m a n a g e r s g e n e r a l ly w e re n o t d is
p osed to ta k e a n y s u c h n o tio n , a n d p r e f e r r e d r a t h e r to r a n w i t h o u t
A l e x a n d r ia
R e c e i p t s and
hipments op
otton
p ro fit fo r a w h ile , if n e e d h e . r a th e r th a n d is tu r b th e e x is t in g c o n d i
tio n s , o r do a n y rh lu g t h a t w o u ld te n d in th e le a s t to c r e a t e d is s a tis f a o
A le x a n d r ia , S a y v l ,
tlo n a m o n g e m p lo y e s o r Im p o se a n y b u r d e n u p o n th e m
I t w a s th e
1898
1897.
1896.
October 19
h o p e fo r n c h a n g e to r th e b e tte r that, a o tu a te d th e m a n a g e m e n t o f th o
v a rio u s m ills. B u t th is c h a n g e h a s n o t com e. T h e re h a s b e e n n o i m
R ec e ip t* (o a n ta ra * )___
p ro v e m e n t iu th e c o tto n -g o o d s tr a d e .
This w e e k .....™ __
2 3 0 .0 0 0
2 8 0 ,0 0 0
2 9 0 .0 0 0
A g a in , th e a v e r a g e o f w a g e s in A u g u s ta is h ig h e r t h a n in a n y o f th o
Slnoe 8 e p t. 1 ..............
6 1 9 .0 0 0
8 0 9 ,0 0 0
9 3 0 .0 00
o o tto n m a n u f a c tu r in g S ta te s of t h e S o u th . P r e s id e n t E s te s , d i s c u s s
in g th e s itu a tio n in d e ta il, s a id t h a t i t w a s e s s e n tia l t h a t th e m ills
S in c e
ThU
T M I 1 S in c e
T h is
S in e ,
lo c a te d in A n g u s t a d ts tr l o t b e p la c id o n a n e a r e r b a s is o f c o m p e titio n
w eek. S e p t .l .
w eek. S ep t. 1.
w eek. Sept. 1
w ith o th e r m ills in th o S o u th , to e n a b le th e m to c o m p e te w ith th e s e
m ills in th e m a r k e ts o f th o c o u n tr y , a n d to afford a t le a s th e p r o b
Arporte (bales)—
a b ility of ra n k in g a r e tu r n u p o n th e c a p ita l in v e s te d . E v e n a f t e r th e
12,0 0 0 3 1 .0 0 0 , 1 7 ,0 0 0 1 3 0 .0 0 0 16,000 4 3 .0 0 0 p re s e n t re d u c tio n g oes In to e ffe c t th e s c a le In th e A u g u s ta d is tr ic t
To L iv er p o o l___
7 ,0 0 0 , 3 3 .0 0 0
3 .0 0 0 3 1 .0 0 0
5,0 0 0 2 1.0 00 w ill be a b o u t 0 p e r c e n t h ig h e r t h i n th e a v e r a g e In t h e o th e r S o u th e rn ,
To O on tln en tf. . .
m ills.—A u g u s ta |O a .) C h ro n lo le , O c to b e r 16.
1 5 ,0 0 0 ; 0 2 ,0 0 0 ; 2 4 ,0 0 0 ] 6 3 ,0 0 0 2 1 ,0 0 0 67.000
Total Europe.
Cotton Movement and F luctuations, 1893-98.—N e w
* A o a n ta r U 98 p o u n d s.
* Below zero of gauge.
S
C
.—
Of which
Amerioa In 1S93, 4,531 bales; In 1897, 3,958 bales
In11896,
3,015tobales.
Y o r k : L a t h a m , A l e x a n d e r & C o .— ( T w e n t y - f i f t h A n n u a l
E i i t i o n , ) — A h a n d s o m e ly b o u n d c o p y o f t h e t w e n t y - f i f t h a n
n u a l is s u e o f t h e i r v e r y u s e f u l p u b l i c a t i o n , “ C o t t o n M o v e
M v n o h b s t b r 1I.4RKST.— O u r r e p o r t r e c e i v e d b y cm,o '
m e n t a n d F l u c t u a t i o n s ," h a s b e e n r e c e i v e d t h i s w e a k f r o m
t o - n i g h t f r o m M a n c h e s t e r s t a t e s t h a t t h e m a r k e t is s t e a d y
M e ssrs. L a t h a m , A l e x a n d e r & C o , A ll t h e f e a t u r e s w h i c h
fo r b o th v a ru s a n d s h irtin g s . M a n u fa c tu re rs a r e w o r k in g a t
h a v e m a d e f o rm e r e d itio n s o f th is b o o k so v a lu a b le a u d
a f a i r p r o f it. W e g iv e t h e p r ic e s f o r t o - d a y b e lo w a n d ! - . i
i n t e r e s t i n g h a v e b e e n r e t a i n e d i u t h e p r e s e n t is s u e , i n c l u d i n g
th o s e f o r p r e v io u s w e e k s o f t h i s a n d l a s t y e a r f o r c o m p a r is o n
a g e n e r a l r e v i e w o f t h e N e w Y o r k c o t t o n m a r k e t o f 1897-98
1898.
1897.
b y t h e p u b l i s h e r s , a n d a l e t t e r f r o m M e ss rs . E ll i s o n & C o . o n
t h e c o t t o n i n d u s t r y in E u r o p e .
In a d d itio n M r. T h o m a s
SH tb s, Shirt*
8 1* lbs, S h ir t O n
33* Qop. in g i, c o m m o n ° m d . \ 32* o o p . in s * , com m on >fv
E ll i ao n c o n t r i b u t e s a n a r t i c l e o n t h e “ C o t t o n I n d u s t r y o f
Tw ist,
V
p
ld
sl
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ist.
J a p a n ," a n d t h e w o r k a ls o c o n t a i n s a b i o g r a p h i c a l s k e t c h o f
to fin e s t,
to fin e s t,
A ir. E llis o n a n d a d e s c r i p t i o n o f t h e L o w r y ( r o u n d b a le )
A.
8. d.
s. d
A. 8. A.
s. A.
4.
4. | 4.
A
c o m p r e s s . T h e s t a t i s t i c a l m a t t e r is v e r y c o m p le te , a n d is
8? m |ex* »7 3 ,i. 4 t v , » e 713 41,8
4 0 06 6
8p , 16 5Ti*
b r o u g h t d o w n t o t h e c lo s e o f t h e c o t t o n y e a r o f 1897-98.
4 0
4 1
6
« 2 3 (5 la
7 V, 3*U
SJfgi [§ fia
m % 4 1 0 6 7 is 3 3 T ,
4 0
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6
T h e p u b lic a tio n sh o u ld p ro v e v e ry u s e fu l to th o s e in te r e s te d
D ot. 7 ,5 » ,e 9 8 » ,« 4 0 0 6 6
3*8 6 V, 0 7 3 . . 4 1*306 8
3*7,
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4 0 1*6 6
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31,„ 61* » 7 3 ,« 4 i * s o e 9
exico s arge otton rop — d i s p a t c h f r o m T o r r e o n ,
359
M e x ic o , u n d e r d a t e o f O c to b e r 18, s a y s : “ T h e c o t t o n c r o p i n
E g v m v s C o r r o v C r o p . -M r. F r . J a c . A n d r e s , o f B o s to n
A lex ico t h i s y e a r is g r e a t e r t h a n w a s e v e r k n o w n b e f o r e .
In
h a s m a i l a d v ic e s f r o m A l e x a n d r i a , O c t. 1, a s f o llo w s :
R e p o rt* fro m th e I n te r i o r a r e u n s a ti s f a c to r y . T e m p e r a tu r e h a s n o t t h e L a g u n a d i s t r i c t a lo n e t h e v a l u e o f t h e c r o p is e s t i m a t e d
b e e n h o t a n d n ig h ts a r e c o ld , w hloh, w ith t h e p r e v a ilin g fo g s, is r e ta r d . a t $ 8 ,0 00,000.”
M
' L
C
C
. A
October
THE CHRONICLE
22, 1898. j
J u t e B u t t s , B a g g in g , & c .— T h e r e h a s b e e n a s a t i s f a c t o r y
m o d e ra te in q u ir y fo r ju te b a g g in g d u r in g th e w e e k u n d e r
r e v ie w , b u t a t u n c h a n g e d q u o ta tio n s . T h e c lo s e to n i g h t is
a t 6 J ^ c . f o r 1% l b s . a n d 6 % c . f o r 2 l b s . s t a n d a r d g r a d e .
C a r -lo a d lo ts o f s ta n d a r d b r a n d s a r e q u o te d a t 6 J^ c. f o r \ %
l b s . a n d 6}-£c. f o r 2 l b s . , f . o . b . a t N e w Y o r k .
J u te b u tts
h a v e b e e n i n m o d e r a t e r e q u e s t f o r p a r c e l s t o a r r i v e a t ’9 0 c .
f o r p a p e r q u a lity a n d l% c . f o r m ix in g .
S h i p p i n g N e w s .— A s s h o w n o n a p r e v i o u s p a g e , t h e
e x p o rts o f c o tto n fro m th e U n ite d S ta te s th e p a s t w e e k h a v e
r e a c h e d 2 6 4 ,2 8 1 b a l e s . T h e s h i p m e n t s i n d e t a i l , a s m a d e u p
f r o m m a il a n d te le g r a p h ic r e t u r n s , a r e a s fo llo w s :
T o ta l bale«
N e w Y o r k —T o L iv e ro o o l, p e r s te a m e r C ev ic, 6 ,7 8 7 u p la n d
(in c lu d in g 691 ro lls c o u n te d a s 3 4 5 b a le s), a n d 1 5 2 S e a
I s la n d ..........................................................................................................
6 ,9 :9
T o H u ll, p e r s te a m e r F r a n c is c o , 1 ,1 8 4 ..........................................
1,1 =4
T o M a n c h e ste r, p e r s te a m e r T a n ta lu s , 1 ,4 4 0 u p la n d a n d 21
S ea I s la n d .....................................................................................- - - - - - 1,461
To H a v re , p e r s te a m e r L a C h a m p a g n e , 8 5 0 u p la n d a n d 1 0 0
S e a I s la n d .................................................................................................
950
T o B re m e n , p e r s te a m e rs K a rls ru h e , 3 ,0 7 6 ---- T r a v e , 6 7 0 ..
3 ,7 4 6
To H a m b u rg , Der s te a m e r B u lg a ria , 5 0 0 ......................................
500
T o R o tte rd a m ’ p e r s te a m e r S ta te n d a m , 1 .2 3 6 ............................. 1,2 56
To A n tw e rp , p e r s te a m e rs B r itis h K in g , 7 5 0 . . ..W e s te r n la n d , 3 7 1 ....................
1J21
T o G en o a, p e r s te a m e rs A lle r, 6 0 3
K a ra m a n ia , 1 ,5 0 2 —
2,1 10
T o N a p le s , p e r s te a m r r A lle r, 1 0 0 ....................................................
100
N e w O r l e a n s —T o L iv e rp o o l—O ct. 14—S te a m e r H o g a rth , 3 ,3 1 6 3 ,3 1 «
To B r e m e n - O c t . 1 9 —S te a m e r C lia tfle ld , 5 ,5 0 1 .........................
5,501
To H a m b u rg —O c t. 14—S te a m e r S a rd in ia , 4 5 0 .........................
450
T o A n tw e rp O c t. 1 4 —S te a m e r A r a b ia n P rin c e , 1 .1 6 5 .......... 1,1 65
T o C o p e n h a g e n —O ct. 1 5 - S te a m e r A le x a n d r a , 1 ,1 6 1 ........
O ct. 19 - S te a m e r A rk a n s a s , l ,7 3 3 ................................................ 2,S94
T o B a r c e lo n a —O c t 14— B ark J a im e M ir, 3 0 0 ---- O c t. 20—
S te a m e r C o n d e W i fre d o , 5 ,4 5 0 .....................................................
5 ,7 tO
To G e n o a - O c t. 14—S te a m e r E g y p t ia n P r in c e , 4 ,2 6 7 —
O ct. 1 8 —S te a m e r C itta d i P a le rm o , 8 ,3 0 0 ................................ 12,5 67
T o T r ie s te —O ct. 2 0 S te a m e r L a c ro m a , 2 ,5 0 0 ............................. 2,500
To V e n ic e - O c t. 2 0 —S te a m e r L a C ro m a , 1 ,5 0 0 ..................
1,5 00
G a l v e s t o n —T o L iv e rp o o l—O ct. 1 3 —S te a m e r B o d le w e ll, 11,2 8 5
___O ct. 14—S te a m e r C ay o R o m a n o , 8 ,8 1 9 ___ O ct. 15—
S te a m e rs S p rin g w e ll, 8 ,5 :8 ; T a s so , 8 ,5 9 9 ........O ct. 1 7 S te a m e r I d a , 5 ,1 0 4
42,3 95
T o M a n c h e ste r O c t. 1 9 —S te a m e r C ro m w e ll, 8 ,9 3 2 .............. 8 ,9 3 2
T o H a v r e —O ct. 2 0 —S te a m e rs N o rd fa re r, 1 2 ,6 5 4 ; W en n in g to n H a ll, 9 ‘1 7 5 ....................................................................................... 21 ,8 29
To B re m e n —O ct. 1 5 - S t e a m e r G la n tiv y , 6 ,3 4 5 — O c t. 1 8 S te a m e r O b i, 7 ,0 4 9 ............................................................................... 13,3 94
b78
T o H a m b u rg —O c t. 1 9 - S t e a m e r C am ro se , 6 7 8 .........................
To A n tw e rp O ct. 15—S te a m e r N o rn a , 4 ,1 5 5 ............................. 4 ,1 5 5
C o r p u s C h r is t i , & c.—T o M ex ico , p e r r a ilr o a d . 7 6 3 ................. ..
763
P e n sa c o l a —T o L iv e rp o o l—O ct. 18—S te a m e r C o m in o , 6 ,3 7 1 ... 6 .3 7 1
8 a v a n n a h —T o L iv e rp o o l O c t. 2 0 —S te a m e r H e le n , 8 ,4 6 6 .......... 8 ,4 6 6
To H a v r e —O ct. 2 0 —S te a m e r O liv e d e n e , 5 ,7 7 6 u p la n d a n d
5 26 S ea I s la n d ........................................................................................ 6 302
To B r e m e n - O c t . 1 5 - S te a m e r W a s tw a te r, 8 ,5 7 5 ......................
8,5 75
T o B a r c e lo n a - O c t. 17—S te a m e r C lio, F ,3 0 0 ............................... 8 ,3 0 0
T o G e n o a —O ct. 2 0 —S te a m e r D o ra F o s te r , 6 ,6 8 6 ...................... 6 ,6 8 6
T o T r ie s te - O c t. 1 7 - S t e a m e r C lio, 1 ,9 0 0 ......................................
1,900
B r u n s w ic k —T o L i v e r p o o l- O ct. 2 0 —S te a m e r H e a th m o re ,
1 0 ,0 o 2 ..........................................
1 0 ,0 0 2
C h a r l e s t o n —T o L iv e r p o o l—O ct. 1 9 —S te a m e r M ab, 7 ,7 7 5 u p
la n d a n d 10 S e a I s la n d ....................................................................... 7,785
To B re m e n —O ct. 18 S te a m e r I s tr a r , 1 3 ,7 7 4 ............................. 1 3 ,7 7 4
P o r t R o y a l —T o L iv e rp o o l—O ct. 18—S te a m e r In c h m a re e ,
1 1 .8 9 6 ........................................................................................................ 1 1 ,896
W il m in g t o n —T o B r e m e n - O c t . 14—S te a m e r B e lle rb y , 1 0 ,8 5 0
___O ct. 2 0 —S te a m e r B fltis lo e , 1 0 ,1 8 2 ....................................... 2 1 ,0 3 2
N o r f o l k —T o R o tte r d a m —O ct. 18—S te a m e r H tllb ro o k 5 5 0 . ..
550
B o sto n —T o L iv e rp o o l—O ct. 1 9 - S te a m e r S y lv a n ia , 2 ,6 4 9 .. ..
2,619
B a l t im o r e —T o L o n d o n —O ct. 2 0 —S te a m e r M o n ta n a , 1 7 5 ..........
175
To B re m e n —O ct. 1 9 - S t e a m e r W ille h ad , 2 ,2 b 2 .......................... 2,262
S an F r a n c isc o —T o J a p a n —O c t. 2 0 —S te a m e r C h in a , 4 0 0 ..........
4 00
T o t a l................................................................................................................. 2 6 4 ,2 8 1
T h e p a r t i c u l a r s o f t h e f o r e g o i n g s h i p m e n t s , a r r a n g e d in
o u r u s u a l f o r m , a r e a s fo llo w s .
G reat F re n c h QerOth. JT ro p e-> M exico,
B r it’n . p o r ts, m a n y . N o rth . S o u th .
<£c. J a p a n . T o tal.
1 9 .3 6 7
N ew Y o rk . 9 .5 8 4
9 5 0 4 .2 4 6 -------2 ,3 7 7 ----------2 ,2 1 0
3 5 ,6 4 i
N. O rle a n s. 3 ,3 1 6 .......... 5,9 5 1 4 .0 5 9 2 2 ,3 1 7
9 1 .3 8 3
G a lv e s to n . 5 1 ,3 2 7 2 1 ,8 2 9 14,072 4 ,1 5 5 ..........
7 63
C or. C .. A c.............................................................................
763
6,371
P e n s a c o la - 6,3 7 1 .......................................................
4<\229
S a v a n n a h .. w,406 6 ,3 0 2 8 ,5 7 5 .......... 1 6 ,8 8 6
10,002
B ru n s w ic k 1 0 ,0 0 2 ........................................................
C h a r le s to n 7 ,7 8 5 .......... 1 3 ,7 7 4 .........................
2 1 ,5 5 9
11,896
P o r t R o y a l 1 1 ,8 9 6 ..........
21,032
W ilm iu g t’n
. 2 1 ,0 3 2
N o rfo lk ___
5 50
5 5 0 ..........
B o s to n . . . .
2 649
2^649
...”
2,437
B a ltim o re .
175 .......... 2 ,2 6 2
S an F r a n ..
4 00
400
T o t a l . . . . I l l , 5 7 1 2 9 ,0 8 1 6 9 .9 1 2 11,1 4 1 ■11,413
783
4 0 0 2 6 4 ,2 3 1
T o J a p a n s i n c e S e p t e m b e r 1 s h i p m e n t s h a v e b e e n 956
b a l e s f r o m P a c i f i c C o a s t.
C o tto n f r e ig h ts a t N e w Y o rk th e p a s t w e e k h a v e b een
a s f o llo w s .
S a tu r .
M on.
Tues.
W ednes.
T h u rs.
F r i.
L iv e rp o o l........... .d .
“ e . 1164®3ie U 14®3)8 1164®!’ie u 64®3ie
Do
............. d.
....
....
....
....
....
....
H a v r e ..................... c.
40t
401
40
401
401
40
B r e m e n ................. c.
371
40
371
401
401
40 f
H a m b u r g ............. c.
351
35t
35*
35
35<
351
A m s te r d a m ..........c
3 7 :3 1
37*31
3713'
37*3
3 7 is t
R e v a l, v. H a m b ,.c.
501
501
50t
501
501
501
50
D o v . H n ll...e . 48W501 48® 50
501
50t
501
R o tte r d a m ............e
35'
35
35i
351
35
351
G e n o a .....................c.
451
4 5 1 4 5 a 501 45 3501 4 5 3 5 0 1 45® 50
T r ie s te ................... e.
45t
45t
45® 501 4 5 3 5 0 1 4 5 ® 5 0 ' 4 5 3 5 0
A n tw e r p ...............d.
532
612
B32
B33
6S2
332
8f p
3,»
G h e n t, v .A n tw ’p.d.
3,*
S,«
31«
31«
t C e n ts n e t p e r 1 0 0 lb s.
Liverpool .—By cable from Liverpool we have the fo llo w
in g statem en t of the w eek’s sales, stocks, &o., at th a t port.
8 9
Sept. 30 .
Oct. 1.
6 5 .000
8 1 ,000
2,3 0 0
1,900
1,500
200
7 6 .0 0 0
5 9 .0 0 0
5,0 0 0
2 ,0 0 0
6 7 .0 0 0
5 8 .0 0 0
T o tal s to c k —E s tim a te d ............ 6 3 5 .0 0 0 *563,000
O f w h ic h A m e ric a n —E s till’d 5 6 2 .0 0 0 *495,000
2 3 .0 0 0
3 1 .0 0 0
Total im p o r t of t h e w e e k ........
2 7 .0 0 0
2 3 .0 0 0
0 1 w h lo h A m e r ic a n ................
1 8 8 ,0 0 0
A m o u n t a flo a t............................... 1 0 0 .0 0 0
9 6 .0 0 0
1 8 5 ,0 0 0
O f w h ic h A m e ric a n ................
R e -c o u n t o£ stook; 2 6 ,0 0 0 b a le s d e d u c te d .
S ales o f t h e w e e k ............b a le s .
0 1 w h ic h e x p o r te r s t o o k . . .
Ot w h ic h s p e c u la to r s to o k .
5 a .e s A m e r ic a n ...........................
A e tn a e x p o r t...............................
7 4 .0 0 0
1,4 0 0
8 00
6 8 .0 0 0
4 ,0 0 0
6 7 .0 0 0
5 4 5 .0 0 0
4 7 1 .0 0 0
4 6 .0 0 0
4 1 .0 0 0
2 7 1 .0 0 0
2 7 0 .0 0 0
8 2 ,0 0 0
3 ,3 0 0
400
7 5 .0 0 0
3 ,0 0 0
7 7 .0 0 0
5 3 0 .0 0 0
4 5 4 .0 0 0
6 5 .0 0 0
6 0 .0 0 0
3 2 4 .0 0 0
3 2 3 .0 0 0
T h e t o n e o f t h e L iv e r p o o l m a r k e t f o r s p o t s a n d f u t u r t s
e a c h d a y o f t h e w e e k e n d i n g O c t. 21 a n d t h e d a i l y c l o s i n g
p r i c e s o f s p o t c o t t o n , h a v e b e e n a s f o l lo w s .
Spot.
S a t’d a y . M o n d a y . T u e s d a y . W e d 'd a y. T hursday F r id a y .
M a rk e t, )
1:45 P. m . j
Steady.
M id. U p l’ds.
3 s32
1 0 ,0 0 0
5 00
Speo. * e x p .
Fair
business
doing.
H a rd e n ’g.
Easier.
3?32
33*2
3 332
1 2 .0 0 0
1,0 0 0
1 2 ,0 0 0
5 00
1 5 ,0 0 0
1,5 0 0
Good
business
doing.
F air
business
doing.
3118
1 2 ,0 0 0
1,0 0 0
1 2 ,0 0 0
5 00
3*18
F u tu re s.
Q uiet a t Steady at Steady ai Steady a t 3teady a1 Q uiet a t
M a rk e t, j partialiy
1-64 a d partially partially 1-64 de
partially
1:4 5 P. m . ( 1 64 adv. 1-64 dec.
vance.
1-64 dec. 1-64 dec.
cline.
M a rk e t, 1
4. P. M. j
Steady.
Firm .
Barely
steady.
Quiet.
Steady.
Quiet.
T h e p r ic e s o f f u t u r e s a t L iv e rp o o l f o r e a c h d a y a r e g iv e n
b e lo w . P r i c e s a r e o n t h e b a s i s o f U p l a n d s , L o w M i d d l i n g
c la u s e , u n le s s o th e r w is e s ta te d .
M on.
Sat
Oct. 15 to
Oct. 21.
O c to b e r........
Oot.- N o v ___
N ov-.D eo. ..
D e o .-J a n ___
J a n .- F e b ___
F e b .-M a ro h .
M ch .-A p ril..
A p ril-M a y ..
M a y -Ju n e ...
l u n e - J u l y ..
J u l y - A u g ...
A u g .-S e p t...
T u e tt.
W ed.
T h u rs.
F rl
1 45 4 1 45 4 1 45 4 1 45 4 1 45 4
P M . P M . p M . P M . P M . P M . P M . P M . P M . P M . p M. P M.
1
12*3
d.
3 00
3 00
2 63
2 6i
2 63
3 •0
8 01
3 02
8 02
3 03
3 04
3 04
3
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l
2
3
3
3
3
3
3
3
d.
d.
00 3 00
Oo 3 00
63 2 63
63 i 63
63 _2 63
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0 2 3 01
02 3 02
03 3 03
04 3 03
04 3 04
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3
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3
3
3
3
3
3
3
3
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d.
01
01
00
00
00
01
02
02
04
04
05
06
3
3
3
3
3
3
3
3
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d.
d.
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02 3 01 3 0 0
01 3 0 0 3 00
00 3 0 > 2 63
CiO 3 00 2 63
01 3 00 2 63
01 3 01 3 00
02 3 01 3 01
03 3 02 i 02
04 3 03 3 03
05 3 ()» 3 03
05 3 05 3 04
05 3 0 5 3 05
3
2
2
2
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2
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3
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63
62
62
63
63
00
01
02
03
04
04
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2
2
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00
62
62
62
63
63
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01
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2
2
2
2
3
3
3
3
3
3
1.
63
63
62
62
62
63
00
01
02
02
03
os
BREADSTUFFS.
F r i d a y , O c t o b e r 21, 1898.
R e f le c tin g a c o n t i n u e d u p w a r d t e n d e n c y t o v a l u e s f o r t h e
g r a i n , t h e r e h a s b e e n a f i r m e r m a r k e t f o r w h e a t fl >ur, a s t h e
m ills h a v e a d v a n c e d t h e i r l i m i t s , p a r t i c u l a r l y f o r s p r i n g
p a t e n t s . T h e v o lu m e o f b u s in e s s t r a n s a c t e d in t h e l o c a l
m a r k e t h a s b e e n o n ly m o d e r a t e , a s b u y e r s by t h e i r r e c e n t p u r
c h a s e s h a v e la rg e ly a n tic ip a te d th e ir c u r r e n t w a n ts , a n d , d e
sp ite th e g e n e ra l s tr e n g th o f th e s itu a tio n a n d th e f a c t t h a t
t h e c lo s e o f n a v i g a t i o n is n e a r a t h a n d , h a v e s h o w n l i t t l e
d is p o s itio n t o f u r t h e r a d d t o t h e i r h o ld in g s . N o r t h w e s t e r n
m i l l s h a v e r e p o r t e d f r e e a c c e p ta n c e s o f t h e i r c a b l e r e f u s a l s .
R y e f lo u r h a s b e e n f i r m b u t q u i e t . B u c k w h e a t f la u r h a s b e e n
q u i e t a n d p r i c e s h a v e w e a k e n e d s l i g h t l y . T h e c lo s e , h o w
e v e r , w a s s te a d y . C o r n m e a l h a s b e e n i n f a i r l y a c t i v e d e
m a n d a t a b o u t s t e a d y v a lu e s .
S p e c u la tio n i n w h e a t f o r f u t u r e d e l i v e r y h a s b e e n f a i r l y
a c t i v e a n d t h e te n d e n c y o f p r i c e s h a s c o n t i n u e d t o w a r d s a
h i g h e r b a s is . T h e u n u s u a l a c t i v i t y o f t h e e x p o r t d e m a n d ,
w h ic h d a i l y t h r o u g h o u t t h e w e e k h a s b e e n i n e x c e s s o f
1.000. 000 b u s h e l s ,h a s b e e n t h e p r i n c i p a l s t r e n g t h e n i n g f e a t u r e ,
t h e f a c t t h a t M e d i te r r a n e a n p o r t s c a m e i n t o t h e m a r k e t a s
b u y e rs d u r in g th e la t t e r p a r t o f th e w e e k g o in g to v e rify th e
r e p o r t s t h a t R u s s i a n s h i p m e n t s a r e a n d w ill c o n t i n u e s m a ll.
R e p o r t s o f u n f a v o r a b le w e a t h e r c o n d i t i o n s i n A r g e n t i n e
f o r t h e g r o w i n g c r o p h a v e a ls o h a d t h e i r in f lu e n c e i n f a v o r
o f v a lu e s . T h e u n s e t t l e d p o l i t i c a l s i t u a t i o n i n E u r o p e , to o ,
h a s b een r e fe rr e d to by m a n y o f th e tr a d e as h a v in g c o n
s i d e r a b l e b e a r i n g o n t h e u p w a r d c o u r s e o f p r ic e s a n d t h e
h e a v y p u rc h a s e s fo r fo re ig n a c c o u n t. T h e e x p o rt d e m a n d
h a s b e e n p r i n c i p a l ly f o r N o v e m b e r a n d D e c e m b e r s h i p m e n t s ,
o w in g l a r g e l y t o t h e ' i n a b i l i t y o f s h i p p e r s t o o b t a i n f r e i g h t
r o o m f o r p r o m p t s h i p m e n t s a n d a ls o t o t h e f u l l s u p p lie s p r e
v io u s ly p u r c h a s e d f o r s h i p m e n t t h i s m o n t h . W e d n e s d a y
a n d T h u rsd a y th e e x p o rt d e m a n d re a c h e d th e la rg e s t p r o
p o r tio n s
th u s
fa r
n o te d , th e
p u rc h a se s
each
day
h e r e a n d a t o n t p o r t s , a c c o r d i n g to t h e r e p o r t s w h ic h
w e r e iu c i r c u l a t i o n i n t h e t r a d e , a m o u n t i n g t o 2,000,000 b u s h e ls . T o - d a y t h e r e w a s a f a i r l y a c t i v e m a r k e t , b u t
p r ic e s d e c lin e d i n r e s p o n s e t o w e a k e r E u r o p e a n a d v ic e s ,
w h ic h p r o m p te d s o m e r e a l i z i n g s a le s b y lo n g s . T h e s p o t
m a r k e t w a s e a s ie r
A t t h e l o w e r p r ic e s e x p o r t e r s w e re f r e e
b u y ers, p a rtic u la rly d u r in g th e la tte r p a rt of th e d ay . T h e ir
p u r c h a s e s t o d a y h e r e a n d a t o n t p o r t s a m o u n t e d to a b o u t
1.000. 000 b u s h e ls .
DAILY CLOSING PRICES O P NO. 2 RED W INTER IN NEIV l O K K .
Cash w heat f. o. h ....... . ..
Deo. d e liv e ry in e le v .. . ..
M ar. d e liv e ry in e le v ___
..
M ay d e liv e ry In e l e v . ....
..
8at.
75%
71 %
73%
71
Mon.
75
72*4
7*313
70-M,
Tue.s.
75:%
72%
74%
71*4
Wed.
77
74%
75%
72%
T h u rs.
78%
7 6 18
76%
73%
F ri
77^8
74%
7 5 '4
72%
[VOL. loXVIl,
THE CHRONICLE.
860
PRICES OF NO 2 SPRING IN C H I C A G O .
Thun.
Wed.
S a l.
Afonk, Tucs.
I •
as
05
05*4
O c t. d e liv e ry l a elo v . . . . tH » \
08
65*3
65%
D ee, d e liv e ry In e l « . . . 04*3
06 Ki
08%
66%
M ay d e liv e ry In d e v ___
F ri.
06%
66%
07%
In d ia n c o rn f u tu r e s h a v e b e e n m o d e ra te ly a c tiv e a t a d v a n
c i n g priv'.---. F o r e i g n a d v i c e s h a v e r e p o r t e d s t r o n g e r m a r
k e ts , a n d th e e x p o rt b u s in e s s h a s c o n tin u e d on a n u n u s u a lly
e x t . i.r iv e s c a le . U n f a v o r a b l e w e a t h e r c o n d i t i o n s i n t h e c o r n
b e lt h a v e a ls o h a d a s t r e n g h t e n i n g in f lu e n c e u p o n v a lu e s .
T h e p u r c h a s e s b y e x p o r t e r s f o r t h e w e e k h a v e a v e r a g e d c lo s e
to i A h ooo b u s h e l s d a i l y , a b o u t e v e n ly d i s t r i b u t e d b e tw e e n
th e U n ite d K in g d o m a n d t h e C o n t i n e n t . T o -d a y t h e m a r k e t
w a s e a s i e r u n d e r r e a l i z i n g s a le s a n d i n r e s p o n s e t o w e a k e r
f o r e ig n a d v ic e s . T h e s p o t m a r k e t w a s a c t i v e a t lo w e r p r i c e s .
T in . s a le s to - d a y f o r e x p o r t h e r e a n d a t o n t p o r t s w e r e 850,000
b u s h e ls .
DXII.T CLOSING PRICES OF SO. 2 MIXED CORN IN N E X V Y O R K .
S a t.
37%
365*?
3 8%
OF NO.
S a l.
O c t. d e liv e ry in e l e v .. . . . 3 0 ^
D ec delivery- i n e l e v . . . . . 30%
M ay d e liv e r y in e le v . . . . 33%
C ash c o rn f. o, b ............ . . . .
D ee, d e liv e ry in e le v .. . . . .
M ay d e liv e ry 'in e l e v .. . . . .
DAILY CLOSING PRICES
W ed. T h u n .
M on. T u e t.
39%
38%
39%
3 8%
38%
37%
37%
3338
39%
40%
39
4 0%
3 MIXED CORN IN C H I C A G O .
Tucs. Wed.
T h u r s.
M on.
£
31
3 2 14
31
32%
31%
O cS
31%
343*
34
3 3%
P5’d
F ri.
38%
3 7 J*
39
d e a l w ith . D re ss g o ods a re q u ie t th r o u g h o u t a n d b u s in e s s
s e c u r e d f o r s p r i n g w e l l b e lo w a v e r a g e v o l u m e ; p r i c e s a r e
in fa v o r o f b u y e rs . F la n n e ls a n d b la n k e ts s te a d y b u t q u ie t.
D o m e s t ic C o t t o n G o o d s .— T h e e x p o r ts o f c o t t o n g o o d s
f r o m t h i s p o r t f o r t h e w e e k e n d i n g O c t o b e r 17 w e r e 9,126
p a c k a g e s , v a l u e d a t $340,718, t h e i r d e s t i n a t i o n b e i n g t o t h e
p o in ts s p e c ifie d i n t h e t a b l e s b e l o w :
18 9 8 .
1897.
N e w Y o r k t o O c t . 17.
W eek.
S in c e J a n . 1
2 ,7 5 4
850
1 3 2 ,4 9 0
9,8 2 1
2 8 ,4 8 4
9 ,8 0 1
1 2 ,1 4 2
3 ,7 0 3
6 ,6 6 3
4 0 ,3 9 5
1 4 ,0 8 8
6
2 49
1,5 0 1
1,176
1 ,6 5 0
9 37
559
156
59
683
62
3 ,7 6 0
2 ,9 0 3
1 0 1 ,5 5 4
1 0 ,735
1 9 ,9 0 4
1 5 ,5 4 4
1 1 ,9 8 9
2 ,8 2 8
6,8 1 1
3 9 ,2 9 5
4,0 4 8
W eek. S in c e J a n . 1.
G re a t B r i t a i n .............................
O th e r E u r o p e a n .......................
C h in a .............................................
I n d i a ..............................................
A ra b ia ...........................................
A fric a ............................................
W est I n d ie s .................................
M e x ic o ..........................................
C e n tra l A m e ric a .......................
S o u th A m e r ic a .........................
O th e r C o u n tr ie s .......................
42
4 ,4 9 6
34
964
411
4 66
131
690
1,356
37
T o t a l.......................................
C h in a , v ia V a n c o u v e r* ___
9 ,1 2 6
2 6 1 ,1 9 1
2 1 ,6 2 3
7 ,0 3 8
2 1 9 ,3 7 7
1 6 ,1 6 6
T o t a l .....................................
9 ,1 2 6
2 8 2 ,8 1 4
7 ,0 3 8
2 3 5 ,5 4 3
F ri.
31%
* P r o m N e w E u g l a u a m ill p o in ts d ire c t.
33%
T h e v a lu e o f th e N e w Y o rk e x p o rts fo r th e y e a r to d a te
O a t s f o r f u t u r e d e l i v e r y h a v e b e e n n e g l e c t e d i n t h e lo c a l
m a r k e t , h u t a t t h e W e s t t h e t r a d i n g h a s b e e n f a i r l y a c t i v e o n h a s b e e n $9,200,851 i n 1898, a g a i n s t $3,583,419 i n 1897.
T h e re h a s b e e n m o re d e m a n d f o r e x p o rt in b ro w n s h e e t
b u y in g fo r in v e s tm e n t a c c o u n t, s tim u la te d b y a g o o d tr a d e
i n "t h e c a s h m a r k e t a s b o t h t h e h o m e t r a d e a n d e x p o r t e r s in g s a n d d r i l l s , w h i c h h a s b e e n m e t b y s e l le r s a t e a s y p r ic e s .
h a v e b e e n l a r g e b u y e r s . T h e s a le s f o r e x p o r t i n c l u d e d a H o m e b u y i n g is s t i l l m o d e r a t e i n h e a v y - w e i g h t s , b u t in s y m
r e p o r t e d t r a n s a c t i o n o f 1,500,000 b u s h e l s w h i t e o a t s f o r s h ip p a t h y w i t h p r i n t c l o t h s s o m e l i g h t - w e i g h t s h a v e b e e n i n
D u c k s a r e q u i e t l y s te a d y .
m e n t f ro m t h e N o r t h w e s t t o t h e U n i t e d K in g d o m v i a N e w b e t t e r r e q u e s t a n d f i r m e r .
B le a c h e d c o tto n s h a v e b e e n in
p o rt N e w s. T o -d a y th e m a r k e t a t th e W e s t fo r c o n tra c ts B ro w n o s n a b u rg s fla t.
Q u o ta tio n s a re n o t
w a s e a s i e r u n d e r r e a l i z i n g s a le s b y r e c e n t b u y e r s . T h e s p o t s t e a d y r e q u e s t f o r s m a l l q u a n t i t i e s .
m a r k e t w a s s t e a d y h u t le s s a c t i v e . E x p o r t s a le s w e r e o n ly c h a n g e d , b u t t h e m a r k e t is e a s y a n d i r r e g u l a r . W i d e
s h e e tin g s i n a c t i v e a n d c o t t o n f l a n n e l s a n d b l a n k e t s q u i e t a t
10,000 b u s h e ls .
p r e v io u s p r i c e s . D e n im s a r e i n q u i e t d e m a n d a n d p r i c e s
NEW YORK.
e a s ie r . T ic k s d u l l , p l a i d s i n m o d e r a t e r e q u e s t a n d o t h e r
S a t.
M on, Tucs.
T h u r s . F ri.
Wed.
c o lo r e d c o t t o n s i n a c t i v e w i t h r e a d y s e lle r s .
K i d f in is h e d
29
C ash N o, 2 m ix e d , e le v .. 28
28
28
29
28%
C a sh N o. 2 w h ite , e l e v .. . 29%
2 9%
30
30b
30
30% c a m b r i c s q u i e t l y s t e a d y . F a n c y p r i n t s i n m o d e r a t e r e q u e s t
a n d i r r e g u l a r i n p r i c e . M o r e s t a p l e l i n e s h a v e s o ld t o a n
i
. 2 MIXED OATS IN C H I C A G O .
F in e p r in te d
Sat.
M on.
Wed. T h u rs. F r i. a v e r a g e e x t e n t w i t h o u t q u o t a b l e c h a n g e .
T u cs.
D e c . d e liv e ry in e l e v ___ 22%
22%
23
H o ii22%
23%
s p e c ia ltie s a r e d o i n g f a i r l y w e l l f o r s p r i n g , b u t t h e b e s t s p r i n g
M ay d e liv e ry i n e le v ........ 23*4
2 3%
day.
2 4%
23%
22% b u s in e s s is r e l a t i v e l y i n fin e g i n g h a m s . S t a p l e g i n g h a m s
R y e h a s b e e n s p a r i n g l y o f fe r e d , a n d a s t h e r e h a s b e e n a n s te a d y . P r i n t c l o t h s h a v e a d v a n c e d t o 2 c. f o r r e g u l a r s a n d
e x p o r t d e m a n d t h e l i m i t e d s u p p l i e s o b t a i n a b l e h a v e b e e n a r e f ir m a t t h e c lo s e .
p u r c h a s e d a t h i g h e r p r ic e s .
B a rle y h a s b een q u ie t b u t
F o r e i g n D r y G oods.—I m p o r t e r s a r e g e n e r a l l y c o m p l a i n
v a l u e s h a v e b e e n f ir m ly m a i n t a i n e d i n s y m p a t h y w i t h t h e
in g o f t h e s m a ll v o l u m e o f b u s in e s s s e c u r e d f o r s p r i n g . T h e
str< n g t h o f o t h e r g r a i n s .
o rd e rs th is w e e k f o r d re s s g o o d s, s ilk s a n d o th e r le a d in g d e
T o e f o llo w in g a r e c lo s in g q u o t a t i o n s :
s c rip tio n s h a v e b e e n lig h t.
D re s s g o o d s a r e ir r e g u la r in
FLOUR.
p r ic e a n d s i l k s h a r d l y a s f i r m a s b e f o r e .
DAII.T CLOSING PRICES OF OATS IN
DAILY CLOSING PRICES OF NO
F n e ...............................$ 2 5 0
® 2 65 P a t e n t , w i n t e r ........$ 3 60 ® 4 10
B a p e m n e ..................... 2 6 0
3 2 80 C ity m ills , e x tr a s . 4 6 0 « 4 85
E x t r a , N o . 2 ............. 2 7 5
3 3 00 R y e flo u r, s u p e r d n e 2 9 0 ® 3 35
E x t r a , N o . 1 ............. 2 80
® 3 25 B u c k w h e a t f l o u r .. . 1 3 5 ® 1 5 .
C le a r s ........................... 3 0 0
3 3 45 C o m m e a l—
S tr a i g h ts ...................... 3 10
3 3 90
W e s te rn , e tc .......... 2 1 0 @2 15
P a te n t, S p r in g .......... 3 9 0 3 4 60
B r a n d y w in e .
2 20
I W h n at flo u r in s a c k s s e lls a t p ric e s b elow th o s e f o r b a r r e ls ,]
, P . M ,, O c t o b e r 21, 1898.
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t r a n s a c t e d t h i s w e e k , b u t s t i l l t h e d e m a n d h a s la c k e d s p i r i t .
T h e c o ld e r w e a t h e r h a s h e l p e d d i s t r i b u t i o n w i t h r e t a i l e r s <1
p tn f - r a lly a n d r e p o r t s f r o m t h e S o u t h s h o w t h a t i t h a s b e n e CS
fite d t h e f e v e r s t r i c k e n d i s t r i c t s , r e l e a s i n g a d e m a n d f r o m
e i- r ta in s o u t h e r n m a r k e t s f r o m w h i c h n o b u s in e s s h a d c o m e <1
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o ff w ith c o n s i d e r a b l e s p i r i t a t s a t i s f a c t o r y p r ic e s .
W o o l e n G o o d s , — T h e re h a s b een n o im p ro v e m e n t o f a n y
m o m e n t in t h e d e m a n d f o r s p r h g l in e s o f m e n ’s w e a r
w o o le n s a n d w o r s te d s . I n so m e q u a r t e r s , ch ie f!- i n fin e gril le f x n c ie s , o r d e r s a r e m o r e n u m e r o u s , b u t in o t h e r d i r e c
t io n s th e y c o n t i n u e d i s a p p o in t i n g l y s lo w . T h e p r i c e s i t n a
r i m is u n s e t t l e d , b u t t h e d o w n w a r d t e n d e n c y is n o t p ro ni ttc c e d , c e r t a i n m ills p r e f e r r i n g t o s h u t d o w n r a t h e r t h a n
re d u c e p ric e s f u r th e r . In r e o rd e rs f o r h e a v y -w e ig h ts th e
c o ld e r w e a t h e r h a s h a d s o m e in f lu e n c e , t h e s u p p l e m e n ta r y d e
m a n d being o f f u l l y a v e r a g e v o l u m e f o r t h e t i m e o f y e a r .
S atinets and doeskin jean s c o n t i n u e i n a c t i v e a n d p r i c e s irr-g u ta r. O vercoatings a re d u l l a n d prices f a v o r b u y e r s .
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Wool
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Silk
Flax
Miscellaneous
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N
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THE DRY GOODS TRADE.
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359
057
055
042
Manufactures
of—
Wool.....................
Cotton ........... ..........
Silk
Flax
Miscellaneous
c
® 40%
840%
839%
»39%
. . .
C o rn , p e r b u s h —
o.
W e s te rn m ix e d ............ .3 7
N o. 2 m ix e d ..................3 7%
W e s te rn Y e llo w ...........3 8
W e s te rn W h ite .............3 8
W h i t e .......................... 2 9 % 8 3 5
R ye>.I S m ix e d .............. 29 3 3 0
W e s te rn , p e r b u s h __ S 5
No. 2 w h ite ............... 3 0 % 8 3 1 %
S ta te a n d J e r s e y ........ 5 3
B a r le y —W e s t e r n ...........4 5
F e e d i n g .......................... 3 9
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....................................
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76 377%
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J a n u a r y 1, 1898, a n d f o r t h e c o r r e s p o n d i n g p e r i o d s o f l a s t
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Total marketed
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Total Imports.__
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THE CHRONICLE.
O ctober 22, 1898,J
I
t a t s
a n d
C
it y
D s f A m r s in ,
TER M S OF S U B S C R IP T IO N .
The I nvestors ’ S upplement w ill be fu rn ish ed w i t h o u t
t js tr a c h a r g e to every an n u al subscriber o f th e C ommercial
and
F inancial Chronicle .
T h e S tate and City S upplement w ill also be fu rn ish ed
M th o u t e x t r a c h a rg e to every subscriber of th e Chronicle .
T h e S treet R a il w ay S upplement w ill l i k e w i s e b e f u r
n is h e d w i th o u t e x t r a c h a r g e t o e v e r y s u b s c r i b e r o f t h e
Chronicle .
T h e Quotation S upplement , issued m on th ly, w ill also be
f j r n i s h e d w i th o u t e x t r a c h a r g e to every subscriber o f th e
Jhronicle .
T E R M S f o r t h e Chronicle w ith t h e f o u r S u p p l e m e n t s
ab o v e n a m e d a re T e n D o lla rs p e r y e a r w ith in th e U n ite d
S ta te s a n d T w e lv e D o lla rs in E u ro p e , w h ic h i n b o th o a s e s
in c lu d e s jo s ta g e .
T e rm s o f A d v e r tis in g —( P e r in c h sp a c e .)
Transient matter (each time) $3 50 I Three Months (13 times)..$25 00
s t a n d i n g b u s in e s s c a r d s .
Six months
(26 times).. 43 00
Two months (8 times)......... 18 00 I Twelve Months (52 times)._ 58 Oq
B e ltr a m i C o u n t y , M i n n .— W ot L ia b le f o r D e b t.— W e t a k e
th e f o l lo w in g f r o m t h e “ P i o n e e r P r e s s ” o f S t . P a u l o f O c to
b e r 4 , 1898: “ J u d g e O tis i n t h e D i s t r i c t C o u r t y e s t e r d a y
f ile d a n o r d e r s u s t a i n i n g t h e d e f e n d a n t ’s d e m u r r e r t o t h e
c o m p l a i n t in t h e c a s e o f t h e F i r s t N a t i o n a l B a n k o f D e tr o it,
M in n ., v s . t h e B o a r d o f C o u n t y C o m m is s io n e r s f o r B e l t r a m i
C o u n ty . T h e a c t i o n w a s b r o u g h t t o t e s t t h e c o u n t y ’s l i a b i l
i t y o n in d e b t e d n e s s c o n t r a c t e d b e f o r e t h e o r g a n i z a t i o n o f
B e l t r a m i C o u n ty a s a s e p a r a t e o r g a n i z a t i o n f r o m B e c k e r
C o u n ty .
“ J u d g e O tis , i n h i s m e m o r a n d u m , s t a t e s t h a t i f t h e c o n
t r a c t s s e t o u t i n t h e c o m p l a i n t w e r e b i n d i n g a t a ll a t t h e
t i m e t h e y w e r e m a d e , t h e y w e r e b i n d i n g u p o n B e c k e r C o u n ty .
D e f e n d a n t c o u n t y a t t h a t t i m e h a d n o c o r p o r a t e e x i s te n c e f o r
ta x a b l e p u r p o s e s . A f t e r B e lt r a m i C o u n t y w a s i n c o r p o r a t e d
i t n e v e r a s s u m e d t h e i n d e b t e d n e s s , n o r w a s i t im p o s e d b y
l e g i s l a t i o n .”
C lev elan d School D is t r ic t—B ie n v ille , O hio.—A p p o r t i o n
m e n t o f D e b t.— A t a r e c e n t c o n f e r e n c e b e t w e e n t h e G le n v ille
S c h o o l B o a rd a n d a r e p r e s e n t a t i v e o f t h e S c h o o l C o u n c il o f
C le v e la n d t h e a m o u n t o f t h e Q -le n v ille s c h o o l d e b t to be a s
s u m e d b y t h e C le v e la n d d i s t r i c t , o w in g t o t h e a n n e x a t i o n o f
a p o r t i o n o f G H en v ille t o t h e c i t y o f C le v e la n d , w a s d e t e r
m in e d u p o n . T h e to ta l d e b t o f th e G le n v ille S c h o o l D is tric t,
i t is s t a t e d , is $41,210, a n d 6 '8 £ o f t h i s d e b t , o r $2,802 28, w i l l
b e p a y a b l e b y t h e C le v e la n d d i s t r i c t .
C o l o r a d o .— W a r r a n t s O r d e r e d P a i d . — A c c o r d in g to th e
D e n v e r “ R e p u b l i c a n .” G e o r g e W . K e p l i a r d t , S t a t e T r e a s
u r e r, h a s been p e re m p to rily c o m m a n d e d b y th e D is tric t
C o u r t t o c a s h t h e S t a t e w a r r a n t s , s e r ie s o f 1889, h e l d b y t h e
A m e r i c a n S a v in g s B a n k o f N e w Y o r k , t o t h e a m o i m t o f
a b o u t $16,000. T h e f in a l p r o c e s s i n t h e s u i t w a s is s u e d O c to
h e r 1, 1898, b u t i t is s t a t e d t h e m o n e y w ill n o t b e p a i d o n
t h e C o u r t ’s c o m m a n d , a s t i e s t a t e w ill a p p e a l t o t h e S u p r e m e
C o u r t, w h e r e i t is b e lie v e d t h a t t h e p r e c e d e n t e s t a b l is h e d i n
p r e v io u s c a s e s o f t h e s a m e k i n d w i l l b e f o llo w e d a n d t h e
m a n d a m u s d is s o lv e d .
H a r r i s o n C o m ity , IV. V a . — B o n d s to
C a n c e le d .— A c
c o r d in g t o t h e C i n c i n n a t i “ C o m m e r c i a l - T r i b u n e ,” t h i s c o u n t y
t e n y e a r s a g o is s u e d $150,000 o f b o n d s t o a i d t h e W e s t
V i r g i n ia & P e n n s y l v a n ia R a i l r o a d , a n e x te n s io n o f a r o a d
f r o m P e n n s y l v a n ia to C l a r k s b u r g , t h e c o u n t y s e a t o f t h i s
c o u n ty . T h e ro a d w as n o t c o m p le te d w ith in th e th r e e y e a rs
a s a g re e d , a n d a fe w w e e k s a g o th e C o u n ty C o u r t is s u e d a n
o rd e r to c a n c e l th e b o n d s. T h e c o m p a n y se c u re d a n in ju n c
t i o n , a n d o n S e p te m b e r 28. a f t e r a l e g a l b a t t l e i n w h ic h m a n y
p ro m in e n t la w y e rs o f th e S ta te p a r tic ip a te d , th e J u d g e d e
c id e d in f a v o r o f t h e c o u n t y t o d e s t r o y t h e b o n d s . T h e r a i l
r o a d , i t is s t a te d , m a y p o s s ib ly t a k e a n a p p e a l.
H i l l C i t y , K a n .— L i t i g a t i o n .— T h e C o r n i n g E s t a t e o f R o c h
e s t e r , N . Y ., b a s b r o u g h t s u i t a g a i n s t H i l l C i t y f o r p a y
m e n t o f $10,000 r e f u n d i n g b o n d s . T h e c i t y c l a i m s t h a t t h e
b o n d s w e r e n o t is s u e d r e g u l a r l y . J t is s a id t h a t a c o m p r o m is e
o f 50 c e n t s o n t h e d o l l a r h a s b e e n o f fe r e d t o t h e h o l d e r s o f
t h e b o n d s.
M e l r o s e ( T o w n ) , M a s s .— P e t i ti o n f o r C h a r te r A u t h o r iz e d .—
A t t h e s p e c ia l t o w n m e e t i n g h e ld o n O c t o b e r 3, 1898, t h e
p io p o s itio n to p e titio n th e n e x t G e n e ra l C o u r t f o r a c ity
c h a r t e r w a s c a r r ie d b y a v o te o f 506 to 335.
New B r ita in , C o n n . — B o n d Is su e C o n fir m e d .— A t a s p e c ia l
c i t y m e e t i n g o n O c to b e r 17, 1893, t h e f o l lo w in g r e s o l u t i o n , t o
c o r e c t a t e c h n i c a l e r r o r ( o m is s io n o f d a te ) , i n a n o r d i n a n c e
p r o v i d in g f o r a r e c e n t b o n d ie s n e , w a s p a s s e d :
be
‘W hereas, on J u n e 18, 1896, a t a m e e tin g o f th e le g a l v o te rs o f N e w B r ita in ,
i t was o u ly vo te d t o a u th o riz e a f u r r h e r issue o f f7.*>,u00 o f c itv sew er bonds.
Day able In t h ir t y years, and w h ere as $-<:5.00o o f s aid bonds ha ve been issued
and th e
ard o f Sewer C o m m issioners has s old th e b alance o f $50,000 o f said
p o n d * 10 R. L. D a y A Co. o f B o s to n , s a id $50,• 00 o f bonds to bear da te A u g u s t
1,189^, and payable in t h ir t y re a rs ir o m A u g u s t 1. 1895;
' V o te d , t h a t th e B o ard o f Sew er C o m m issioners be and i t is h e re b y a u th o r
ized to issue t o K L . I)a y A Co. o f B o s to n th e b alance o f $60,c00 o r th e d r y
sew er bon ds an 'h o m e d to be issued bv said v o te o f J u n e 1*.
said bonds
so to be issued to l»e d a te d A u g u s t I. 896. and to m a tu re in t h ir t y years ir o m
A u g u s t 1, 1896, b u t In th e fo rm p re s c rib e d by said v o te o f J u n e
189*.”
1896,
18,
O regon.—L e g is la tio n .— O n O c to b e r 6, 189J, t h e S t a t e S e n
a t e pi s e n ! a b ill a b o l i s h i n g t h e S t a t e B o a r d o f E q u a l iz a t i o n .
A D ew b ill w a s t h e n in t r o d u c e d p r o v i d in g t h a t t h e G o v
861
e rn o r, S e c re ta ry o f S ta te a n d th e S ta te T re a s u r e r sh o u ld c o n
s titu te a S ta te E q u a liz a tio n B o a rd a n d p ro v id in g f o r a “ v a r i
a b l e le v y f o r S t a t e p u r p o s e s .” U n d e r t h i s b i l l t h e n e w b o a r d
i n s t e a d o f c h a n g i n g t h e v a l u a t i o n o f t h e v a r i o u s c o u n tie s
w ill a d d t o o r t a k e f r o m (a s t h e c a s e m a y b e ) t h e le v ie s a s s e s s e d
a g a i n s t t h e c o u n tie s .
A m o n g o th e r b ills p a s se d b y b o th h o u se s o f th e L e g is la tu r e
a r e t h e f o l lo w in g : T o a m e n d t h e c h a r t e r o f A s t o r i a , t o
a m e n d th e c h a r te r o f B a k e r C ity , to a m e n d th e c h a r te r o f
A s h la n d a n d t o a m e n d t h e c h a r t e r o f C o n d o n . B ills t o
a m e n d t h e c h a r t e r o f t h e c i t y o f U n io n a n d t o i n c o r p o r a t e
t h e t o w n o f M o n m o u t h h a v e p a s s e d t h e S e n a t e , a n d b ills t o
i n c o r p o r a t e t h e c i t y of' P e n d l e t o n a n d t o e s t a b l i s h a fis c a l
a g e n c y i n N e w Y o r k C ity h a v e p a s s e d t h e H o u s e . T h e P o r t
l a n d c h a r t e r b i l l a ls o p a s s e d b o th h o u s e s .
S a n t a C r u z , C a l .— C i t y M u s t P a y B o n d s .— T h e D e n v e r
“ R e p u b li c a n ” s a y s t h a t o n S e p t e m b e r 29, 1898, J u d g e D e
H a v e n d e c id e d t h a t t h e c i t y m u s t p a y t h e $360 000 a n d i n t e r
e s t a t 5% f r o m A p r i l , 18J 1, o n b >uds is s u e d by t h e c i t y f o r i m
p r o v e m e n ts . T n e b o n d s w e re d is p o s e d o f t o E a s t e r n c a p i
t a l i s t s . T h e c i t y c l a im e d t h a t i t h a d n e v e r r e c e iv e d t h e
m o n e y a n d re fu s e d to h e a r th e b r u n t o f th e d e b t, a lle g in g
t h a t t h e is s u e w a s i l l e g a l f o r th e r e a s o n t h a t t h e C ity C o u n c il
w a s n o t a l e g a l b o d y , t h e i r s u c c e s s o r s h a v i n g b e e n e l e c te d .
J u d g e D e H a v e n h e ld o th e rw is e , a n d o rd e re d th e a m o u n t
p a id , w h ic h , w i t h i n t e r e s t , w ill i n c r e a s e t h e d e b t t o n e a r l y
h a l f a m i l l io n d o l l a r s .
Bond Calls and Redemptions.
A u s t i n , T e x a s .— B o n d R e d e m p t io n .— P u r s u a n t
to
an
o r d in a n c e p a s s e d S e p t e m b e r 19, 1S98, t h e c i t y h a s r e d e e m e d
$10,000 w a t e r a n d l i g h t b o n d s h e l d b y t h e N e w Y o r k L if e
in su ra n c e C o m p an y .
C o r t l a n d ( V i l l a g e ) , N . Y .— B o n d R e d e m p t io n .— O n S e p t
e m b e r 30, 1898, $6,000 o f t h e $14,000 n o r m a l s c h o o l b o n d s
t h e n o u t s t a n d i n g w e r e p a i d o ff b y t h e V i l l a g e C le r k .
G a l v e s t o n , T e x a s .— B o n d C a l l.— E d w a r d M c C a r th y ', CityT r e a s u r e r , h a s c a l l e d f o r p a y m e n t N o v e m b e r 5, 1898, a t h i s
o f fic e ,.th e f o llo w in g “ f o r t y y e a r l i m i t e d d e b t b o n d s : ” N o s .
671 to 679, 686 t o 683, 692, 693, 697 to 705, 707 t o 713, a l l in in c lu s iv e . B o n d s a r e f o r $1,000 e a c h .
H a r r is b u r g ( P a .) S c h o o l D i s t r i c t . —R o n d C a ll.— T h e
T r e a s u r e r o f t h i s d i s t r i c t c a l l e d f o r p a y m e n t o n O c t o b e r 1,
1898, o n w h i c h d a y a l l i n t e r e s t c e a s e d , b o n d s N o s . 490 t o 503,
in c lu s iv e , i n a m o u n t o f $1,000 e a c h . N o t i c e w a s a l s o g i v e n t o
t h e h o l d e r s o f b o n d N o . 86 f o r $500 a n d b o n d N o . 107 f o r
$100, to p r e s e n t t h e s a m e a t o n c e f o r r e d e m p t i o n a n d p a y
m e n t . T h e i n t e r e s t o n th e s e b o n d s c e a s e d o n A p r i l 1, 1897.
H e l e n a , M o n t .— B o n d C a ll.— C i t y T r e a s u r e r H . F . T ilto n
c a l l e d f o r p a y m e n t O c t o b e r 15, 1898, a t t h e o ffice o f E . H .
G a y & C o ., F i s c a l A g e n t s f o r t h e c i t y , a b o u t $50,000 6$ s e w e r
b o n d s.
I o w a — W a r r a n t C a l l.— S t a t e T r e a s u r e r J o h n H e r r i o t t h a s
c a lle d f o r p a y m e n t O c t o b e r 29, 1898, a f t e r w h i c h t i m e i n t e r
e s t w i l l c e a s e , o u t s t a n d i n g w a r r a n t s N o s . 1429 t o 4113 i n
c lu s iv e .
Je ffe rso n C o u n ty (P . 0 . B ro o k v ille ) , P a . —B o n d C a ll —
T h is c o u n t y c a l l e d f o r p a y m e n t on O c t o b e r 1, 1898, b o n d s
N o s . 1 to 50, is s u e o f 1893, t o t h e a m o n n t o f $15,000. W e a r e
a d v is e d t h a t no r e f u n d i n g b o n d s w i l l b e i s s u e d .
L y c o m in g C o u n ty , P a . — B o n d C a l l.— T h e C o u n t y C o m m is
s io n e r s h a v e g iv e n n o t i c e t h a t b o n d s o f S e r ie s C , n u m b e r e d
88. 89. 90, 91. 92, 93. 91, 95, 97. 98, 99, 100, 103, 108, 109, 110,
111, 112, 114. 117, 119, 120, 124 a n d 137 a r e c a l l e d f o r r e d e m p
t i o n a n d w ill be p a i d a t t h e office o f t h e C o m m is s io n e r s i n
W il l i a m s p o r t , P a ., o n N o v e m b e r 1 ,1 3 9 8 , o n w h i c h d a t e i n t e r
e s t w ill c e a s e . T b e C o m m is s io n e r s a ls o n o t i f y h o l d e r s t h a t
b o n d s o f S e r ie s O n u m b e r e d 116 a n d 122 a n d .125 io 172, i n
c lu s iv e , e x c e p t 137, a n d b o n d s o f S e r i e s D n u m b e r e d 1 t o 390,
in c lu s iv e , a ll s u b j e c t to c a l l a t t h e o p t i o n o f t h e C o m m is s io n
e r s , a r e c a lle d f o r p a y m e n t o n N o v e m b e r 1, 1898, a t t h e office
o f t h e C o u n t y T r e a s u r e r . P r e s e n t h o l d e r s h a v e t h e p r i v il e g e
o f e x c h a n g i n g t h e i r b o n d s f o r n e w c o u n t y b o n d s h e a r i n g ?>%%
i n t e r e s t b y n o t i f y i n g t h e C o u n t y C o m m is s io n e r s o n o r b e f o r e
O c to b e r 27, 1898.
M isso u ri. — B o n d C a ll.— I t is s t a t e d i n lo c a l p a p e r s t h a t
$558,009 3%% ( o p tio n a l) b o n d s w e r e c a lle d f o r p a y m e n t
O c to b e r 15, 1898. T h is r e d u c e s t h e b o n d e d d e b t o f t h e S t a t e
t o $3,642,000.
M u l t n o m a h C o u n t y , O r e .— W a r r a n t C a ll —R a l p h
W.
H o y t, C o u n t y T r e a s u r e r , h a s c a l l e d f o r p a y m e n t S e p te m b e r
23, 1898, c o u n t y w a r r a n t s c la s s 35, d r a w n u p o n t h e g e n e r a l
fu n d , th a t w e re p re s e n te d a n d in d o rs e d “ N o t p a id f o r w a n t
o f f u n d s ,” f r o m J u n e 1, 1897, t o J u n e 30, 1897, b o t h d a t e s i n
c lu s iv e . I n t e r e s t o n th e s e w a r r a n t s c e a s e d o n S e p t e m b e r 16,
1898.
T h e C o u n t y T r e a s u r e r h a s a ls o c a l l e d f o r p a y m e n t O c to b e r
5, 1898, w a r r a n t s a s a b o v e is s u e d f r o m J u l y 1 ,1 8 9 7 , t o A u g u s t
31, 1897.
W a r r a n t s o f C la s s B , c o u n t y r o a d f u n d , i n d o r s e d “ n o t
p a id f o r w a n t o f f u n d s ,” f r o m N o v e m b e r 1, 1897, to N o v e m
b e r 30, 1897. i n c lu s iv e , h a v e a ls o b e e n c a l l e d f o r p a y m e n t .
I n t e r e s t c e a s e d O c t o b e r 12, 1893.
N e w p o r t , K y .— B o n d s to be R e d e e m e d .— S t r e e t i m p r o v e
m e n t a n d f u n d i n g b o n d s a n d c o u p o n s to t h e a m o u n t o f $1,750,
w h ic h f a l l clue t h i s m o n t h , h a v e b e e n o r d e r e d p a i d b y t h e
C o m m itte e o n W a y s a n d M e a n s o f t h e G e n e r a l C o u n c il.
O n u y C o u n ty (I*. O. O u r a y ) , C o l.— B o n d R e d e m p t io n .—
T h e C o u n ty T r e a s u r e r c a lle d f o r p a y m e n t o n S e p t e m b e r 25,
1893, a f t e r w h i c h d a t e a ll 'i n t e r e s t c e a s e d , b o n d s 1 t o 9, in -
e lu s iv e , F i r s t S e r i e s , d e n o m i n a t i o n o f $1,000. W e a r e a d v i —d t h a t n o n e w b o n d s w ill b e i s s u e d , b n t t h a t p a y m e n t
w ill b e f r o m t h e S in k i n g F u n d .
Pl<»rc<* T o w n s h i p , L a w r e n c e C o u n t y , M o .— B o n d s C c tu ea .
—T o w n s h i p !U b o n d s n u m b e r e d 104 a n ! 1 0 5 , f o r §500 e a c h ,
d a t e d M a r c h l , 18S7, h a v e b e e n c a l l e d f o r p a y m e n t , I n t e r
est •< i e d S p t tu b e r I . 1S98.
P i l o t t i r o r e T o w n s h i p , C o o p e r C o u n t y , M o . — B o n a C a ll.
— T o w n s h i p 5 ; b o n d , n u m b e r e d 181 f o r $>00, d a t e d J a n . 1,
1 8 9 0 , h a s b e e n c a l l e d f o r p a y m e n t I n t e r e s t c e a s e d S e p te rn P u t n a m C o u n t y , M o. - B o n d C a l l.— O u N o v e m b e r 1, 1893,
t h e f o l lo w in g b o n d s o f P u t n a m C o u n t y w ill b e r e d e e m e d a t
t h e T h i r d N a t i o u a l B a n k o f S t. L o u is : B o n d s n u m b e r e d 81,
82 a n d s j , d a t e d N o v e m b e r 1, 18sT, a n d N o s . 1 t o 17, i n c l u
s iv e , d a t e d M a y 1. 1889. T h e b o n d s a l l b e a r i n t e r e s t a t 5 # a n d
a r e o f t h e d e n o m i n a t i o n o f $500. I n t e r e s t c e a s e s o n d a t e o f
re d e m p tio n .
S e a t t l e , lY a s h .— W a r r a n t C a ll.— C ity T r e a s u r e r A. H .
F o o t e h a s c a l l e d f o r p a y m e n t a t h i s office t h e f o l lo w in g w a r
r a n t s , i n t e r e s t o n w h i c h w i l l c e a s e o n O c t o b e r 15, 1893 :
Olivo str«*ct -Or.Hnari.'.* No. 14SO, w arran t No. 1S67. balance in te re st due; No.
187$. part paym ent, principal 1100.
_
_
. , .
Wa«ttitiK«*->n S tree t—Ordinance No. $520. w arrant* Nos. 120 to 433, inclusive.
Howull S tree t—O ntioauee No. 40<NL w a rra n t No. 1179.
j.-rr.jraun s tre e t—OrdUmn.'o No. 1503, w arran t No. 137; balance, p rincipal.ana
interest-.
T errace S treet—O rdinance No. 4SI0, w arran t No. 014.
B »rea A venue e t :ii.—O rdinance No. 4873, w arrant No. 703.
W a s h in g to n .— W a r r a n t C a l l — T h e S ta te T re a s u re r h a s
is s u e d ja c a ll f o r S t a t e G e n e r a l F o n d w a r r a n t s n u m b e r e d
f r o m 20,931 t o 2 8 ,1 0 0 , i n c l u s i v e , a m o u n t i n g to $103,657 21.
Int**rest w ill c e a s e a f t e r O c t o b e r 17. 1898.
W h e e l i n g , W . Y a .— B o n d C a ll.— T h e C o m m is s io n e r s o f t h e
E le c t r i c L ig h t- L o a n h a v e c a l l e d f o r p a y m e n t O c to b e r 1 ,1 8 9 8 ,
a t t h e B a n k o f O h io V a lle y , W h e e l i n g , b o n d s N o s . 3, 5, 7, 10,
11 24. 35, 39. 59, 05, 60, 8 1, 93, 94 a n d 98, a ll f o r $100 e a c h ,
a n d N o s. 110, 113, 105, 131, 128. 139, 1 5 7 ,1 6 0 , 163, 171 a n d 195,
o f $500 e a c h , a n d N o . 213, f o r $1,000.
Bond P ro p osals and Negotiations th iB
w e e k h a v e b e e n a s f o llo w s :
A k r o n , O h io .— L o a n N e g o t ia t e d .— T h i s c i t y r e c e n t l y n e g o
t i a t e d a l o a n o f $20,000 o u a n o t e f o r 91 d a y s .
A n t h u n S c h o o l D i s t r i c t , I o w a .— B u d s V o te d .—A t a
s p e c i (1 e l e c t i o n o n O c to b e r 3. 1898, t n e p e o p le o f t h i s d i s t r i c t
v o t e .1 i n f a v o r o f a n is s u e o f $5,001 s c h o o l - b u i l d i n g b o n d s .
A s h l e r ( B o r o u g h ) , P a . — B o n d E le c tio n .— A t t h e e le c tio n
t o b e h e ld o n N o v e m b e r 8, 1893, t h e q u e s t io n o f i s s u i n g $*<,001
57 b o n d s f o r t h e p u r p o s e o f d is p o s i n g o f o u t s t a n d i n g o r d e r s
w i l l b e s u b m i t t e d t o a v o te o f t h e p e o p le .
A s h t a b u l a , O h io .— P ro p o se l E le c tio n .— I t is r e p o r t e d t h a t
t h i s c i t y w ill so o n h o l d a n e l e c tio n t o v o t e o n t h e q u e s t io n o f
is m in g b o n d s fo r th e c o n s tru c tio n o f a n e w sc h o o l b u ild in g .
A t k i n s o n ( T o w n ) , N e b .— B o n d s D e f e a t e d .— A t a s p e c ia l
e l e c t i o n h e l d in t h i s t o w n o n O c t o b e r 15, 1898, t h e p r o p o s i
t io n t o is s u e §10,000 b o n d s i n a i l o f t h e A t k i n s o n & N o r t h
w e s t e r n R a i l w a y w a s d e f e a t e d . 114 v o te s w e r e c a s t i n f a v o r
o f a n d b n t 5 s a a in s t th e m e a s u re ; a tw o -th ird s v o te , h o w
e v e r, w a s re q u ire d to c a r r y it.
A u g u s t a , 111.— B o n d E le c tio n .— A t a s p e c ia l e l e c t i o n t o b e
h e l l in t h i s p la c e t h e q u e s tio n o f is s u i n g b o n d s f o r t h e p u r
c h a s e o f a p a r k s i t e w ill b e s u b m i t t e d t o a v o te o f t h e p e o p le .
B a r r e t t S c h o o l D i s t r i c t ( P . O. S a n t a M o n ic a ) , C a l . —
B o n is V o te l — T h is d i s t r i c t h a s v o t e d u n a n i m o u s l y t o is s u e
$1 ,5 0 9 1$ b o n d s . I n t e r e s t w ill b e p a y a b l e s e m i- a n n u a l l y a n d
t h e p r in c ip a l w ill m a t u r e $700 i n fiv e y e a r s a n d $800 i n e i g h t
y e a r s f r o m d a t e o f is s u e . B o n d s h a v e b e e n o r d e r e d s o ld b y
t h e B o a rd o f T r u s te e s .
B a r r o n , W is .— B o n d S a le .— W e a r e a d v i s e d t h a t t h e $1,200
e l e c T i c l i g h t b o n d s a u t h o r i z e d a t t h e e l e c tio n h e l d S e p t e m
b e r 1 7 ,1 8 9 8 , h a v e b e e n d is p o s e d o f.
B e r g e n ( V i l l a g e ) , N . Y .—B o n d S a le .— O n O c t o b e r 1 8 ,1898,
t h e $ J,5 0 0 c o u p o n bODds w e r e a w a r d e d to J o s e , P a r k e r & C o .,
B o s to n , a t 100*429 f o r a 3177 b o n d . F o l l o w i n g a r e t h e b id s :
Tt.r SSOf Jinnth.
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For 4* Bond*.
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Pa r ke r -V Cl... n .-to n ..
[VOL. LXVH.
THE CHRONICLE.
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100 t! 0
G oo. M. H a h n , N ew Y ork.............. 109*47
fwi-p m s Howl*.
I Walter Stii itton fb Co., New York.l0t*87
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| H. A. Kean, Cblcfttfo......... ...........100*25
ROCbMtflr SaTtnm Bank* Roob*
fv*p 4*80jt Bond*.
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I W .8.& C. K. Hounol, Borcren....l00*
P r i n c i p a l w i l l m a t u r e $500 y e a r l y o n O c to b e r 1 f r o m 1903
t o 1907, i n c lu s iv e . F o r d e s c r i p t i o n o f b o n d s se e C h r o n i c l e
o f l a s t w e e k , p . 809,
B l a c k h a w k C o u n t y ( P . O. W a t e r l o o ) , I o w a . — B o n d E lec
tio n .— A t t h e g e n e r a l e l e c t i o n t o b e h e ld o n N o v e m b e r 8,
1893, t h e q u e s t io n o f i s s u i n g t h e f o l lo w in g b o n d s w i l l be s u b
m i t t e d t o t h e v o t e r s o f t h e c o u n t y : $75,000 c o u r t h o u s e ,
$15,000 f o r t h e p u r c h a s e o f g r o u n d a n d $10,000 f o r b u i l d i n g a
j a i l . I f b o n d s a r e a u t h o r i z e d , t h e i n t e r e s t w i l l n o t e x c e e d 47
a n d w ill b e p a y a b l e a t W a t e r l o o .
B i n e k t o n , l o w s . — B o n d s V o i d .— T h is c i t y h a s v o t e d t o
is s u e $4,000 b o n d s f o r a w a t e r - w o r k s s y s te m . ’
B lo o m fie ld (T o w n ).
J . — N o A c tio n in R e g a r d to B o n d
7 W e a r e a d v is e d b y W i l l i a m L . J o h n s o n , T o w n C le r k ,
th a t n o a c tio n h a s a s y e t b een ta k e n in re fe re n c e to th e Is s u
a n c e o f t h e #<*wer b o n d s , t o w h i c h r e f e r e n c e w a s m a d e i n t h e
C hronicle o f A p r i l 1 6 ,1 8 9 5,
B o s t o n . M a s s .— B o n d i s s u e . —T h e B o s to n N e w s B u r e a u
s a y s it i s p r o b a b l e t h a t t h e $400,040 o f B o s to n T e r m i n a l b o n d s
re c e n tly a p p ro v e d b y th e M a y o r a n d b o th b ra n c h e s o f th e
c i t y g o v e r n u <mt w i l l n o t b e is s u e d f o r s o m e t i m e , p r o b a b l y
a m o n t h a* l e a s t. T h e F i n a n c e C o m m i t t e e is c o n s i d e r i n g t b s
m a t t e r a n d w ill p r e s e n t t h e i r r e p >rt t o b o t h b r a n c h e s o f t h e
c ity g o v e rn m e n t fo r ra tific a tio n .
B r o o m e C o u n t y , N. Y.—L o in A u t h o r i z e d .— I t is r e p o r t e d
th a t th e T re a s u re r o f th is c o u n ty h a s b een a u th o riz e d to b o r
r o w $46,000 f o r a s h o r t t e r m .
B u c h a n a n ( T o w n ) , Y a .— B o n d S a le .— T h e $3,000 r e f u n d
i n g b o n d s , f o r w h i c h p r o p o s a ls w e r e a s k e d u n t i l S a p t. 8 0, a s
s ta te d iu th e
hronicle o f S e p t u n b i r 2 4 ,1 8 9 3 , w e r e n o t
s o ld u n t i l O c to b e r 12, w h e n t h e y w e r e a w a r d e d t o t h e E .vd.
C . J o n e s C o ., N e w Y o r k C ity , o n a 62 b a s is .
C a ld w e l l C o u n t y , M o .— B o n d s R e g is te r e d .— O a O c t o b e r 17
1898, S t a t e A u d i t o r S e i b e r t r e g i s t e r e d t h e $13,509 6,7 C o u r tH o u s e b o n d s w h i c h w e r e s o ld o n S e p t e m b e r 5 ,1 8 9 3 , t o A l t h e i m e r & R a w l in g s , S t . L o u is . M o.
C a m b r i d g e , M a s s .— B o n d s A u t h o r iz e d .— T a i s c i t y r e c e n t l y
a u t h o r i z e d t h e i s s u a n c e o f $50,001
b o n d s fo r th e b e g in
n i n g o f a b r i d g e b e t w e e n B o s to n an<l C a m b r i d g e . W e a r e
a d v is e d t h a t t h i s b r i d g e w ill p r o b a b l y b e t h r e e y e a r s i u
b u i l d i n g , a n d c o s t, w h e n c o m p le te d , $1,259,000. T n e p r e s e n t
is s u e o f b o n d s w ill m a t u r e 40 y e a r s f r o m d a t e o f is s u e . I n
t e r e s t w ill b e p a y a b l e a t C i t y T r e a s u r e r ’s offi >e o r s e n t b y
c h e c k to h o ld e r . D a t e o f s a le h a s n o t y e t b e e n d e t e r m i n e d .
C a r t i l a g e , 111.— B o n d I s s u e .— I t is r e p o r t e d t h a t t h i s t o w n
is a b o u t t o is s u e $1,500 o f w a t e r b o n d s .
C offey v l l l e , K a n .— B o n d E le c tio n .— A n e l e c t i o n is s o o n t o
b e h e ld i n t h i s c i t v t o v o t e o n t h e q u e s t io n o f i s s u i n g $20,010
o f b o n d s i n a i d o f t h e K a n s a s O k la h o m a C e n t r a l & S o u t h
w e s te r n R a il w a y .
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w a t e r - w o r k s b o n d s o f f e r e d f o r s a le S j p t e m b e r 30, 1893, h a v e
b e e n a w a r d e d t o A , H . C o n g e r , L o s A n g e le s , C a l.
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E n g in e e r , w r i t e s u s t h a t t h e C ity C o u n c il is p r o c e e d i n g
s te a d ily w i t h i t s i n v e s ti g a t i o n o f t h e n e w w a t e r - w o r k s a n d
s e w e ra g e p r o j e c t , a n d w i l l , h e t h i n k s , c e r t a i n l y a d o p t, i t .
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P r i n c i p a l w i l l m a t u r e A p r i l 1, 1900. F o r d e s c r i p t i o n o f
b o n d s se e C h r o n i c l e o f l a s t w e e k , p . 809.
W e a r e a ls o a d v i s e d t h a t t h e 810,500 i% W e s t P a r k
A v e n u e i m p r o v e m e n t a n d $3,000 i i H a r r i s A v e n u e i m p r o v e
m e n t b o n d s , a d e s c r i p t i o n o f w h i c h w a s g iv e n i u l a s t w e e k ’s
C h r o n ic l e , w ill b e ta k e n by th e T ru s te e s o f th e s in k in g
fu n d .
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c o n c e r n i n g t h e $50,000 le v e e b o n d s a n d $8,000 F o u r t h A v e n u e
im p ro v e m e n t b o n d s m e n tio n e d in th e C h r o n ic l e o f la s t
w e e k . T h e le v e e b o n d s a r e t o b 3 d a t e d O c t o b e r 1, 1898, a u d
m a t u r e O c to b e r 1, 1918. I n t e r e s t w i l l b e 4%. p a y a b l e A p r i l 1
a n d O c to b e r I . T h e F o u r t h A v e n u e b o n d s w i l l b e d a t e d
S e p te m b e r 1. 1898, a n d m a t u r e S e p t e m b e r 1, 1998, s u b j e c t t o
c a l l a f t e r 1902. T h e i n t e r e s t , a t i%. w i l l b a p a y a b l e M a r c h 1
a n d S e p t e m b e r 1. I n t e r e s t a n d p r i n c i p a l p a y a b l e a t t b e office
o f th e C i t y T r e a s u r e r . T h e d a t e o f s a le h a s n o t y e t b e e n a n
nounced.
C o s h o c to n , O h i o .— B o n d O ffe rin g .— P r o p o s a l s w i l l b e r e
c e iv e d u n t i l 12 m . N o v e m b e r 1, 1898. b y F . F . W a g n e r ,
V illa g e C l e r k , f o r $1,200 G;f s e w e r b o n d s . S e c u r i t ie s w i l l b e
i u d e n o m i n a t i o n o f $2U0. d a t e d N o v e m b e r 1, 1898; t h e f i r s t
i n s t a l m e n t o f i n t e r e s t w ill h e p a y a b le M a r c h 1, 1900, a n d
re m a in in g in s ta lm e n ts th e r e a f te r o n M a rc h 1 a n d S e p te m b e r
1 a t t h e C o m m e r c ia l B a n k in g C o m p a n y B a n k , C o s h o c to n .
P r i n c ip a l w ill m a t u r e $200 y e a r l y o n S e p t e m b e r 1 f r o m 1900
t o 1905, in c lu s iv e .
P r o p o s a ls w ill a 'a o b e r e c e iv e d u n t i l 12 M. N o v e m b e r 8,
1898, b y F . F . W a g n e r , V il l a g e C le r k , f o r $1,500 <i% s t r e e t
p a v in g b o n d s. S e c u r i t ie s w ill b e i n d e n o m i n a t i o n o f $100,
d a t e d N o v e m b e r 8, 1898: t h e f ir s t i n s t a l m e n t o f i n t e r e s t w ill
b e p a y a b le M a r c h 1, 1900, a n d t h e r e m a i n i n g i n s t a l m e n t s
t h e r e a f t e r o n M a r c h 1 a n d S e p te m b e r 1 a t t h e C o m m e r c ia l
B a n k in g C o m p a n y B a n k , C is h o o t o n , P r i n c i p a l w i l l m a t u r e
$ 1 0 ) y e a r l y o n S e p te m b e r I f r o m 1900 t o 1914, in c l u s i v e .
B o th "the a b o v e is s u e s a r e i s s u e d p u r s u a n t w i t h s e c tio n s 2,237,
2,704 a n d 2,705 R e v is e d S t a t u 'e s o f O h io . E a c h p r o p o s a l
m a s t b e a c c o m p a n ie d b y a c e r tifie d c h e c k f o r 5% o f t h e g r o s s
a m o u n t o f b o n d s b id f o r , a n d t h e p u r c h a s e r m u s t f u r n i s h
b la n k b o u d s .
C r o o k s t o n , M i n n , — S a le D eclared. Off.— W e a r e a d v is e d b y
W illia m L i n c t o i , C ity C l e r k , t h a t t h e s a le o f t h e $8,000 5%
b o n d s f o r w h ic h p r o p o s a l s w e r e a s k e d u n t i l O i t o b e r 15,
1898, w a s d e c la r e d o ff a n d t h e p r o p o s itio n w ill a g a i n b e s u b
m i t t e d to t b e v o t e r s a t t h e g e n e r a l e l e c t i o n t o b e h e l d o n
N o v e m b e r 8 n e x t. “ P ro c e e d in g s w e re n o t s a tis f a c to ry .”
C r y s t a l S p r i n g s , M is s .—B o n d S a le .— O n O c to b e r 1 5 ,1 8 9 8 ,
t h e $16,000 I!; w a t e r w o r k s b o n d s w e r e a w a r d e d a s fo llo w s :
$3,000 a t 101*50 to T . H . K e n d a l l , C r y s t a l S p r in g s , a n d $13,0)99
a t 101 t o *J. H S sx t-o n , H a z l e h u r s t. T h e r a w e r e f o u r o t h e r
b id s r e c e iv e d , r a n g i n g f r o m p a r t o 100*6'. I n t e r e s t , w ill b e
p a y a b le a n n u a l l y o n J u l y 5 a n d t b e p r i n c i p a l w ill m a t u r e 20
y e a r s f r o m d a t e o f is s u e .
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c e iv e d u n t i l 12 si, O c t o b e r 29, 1893, b y J . J . M a lle y , C ity
THE CHRONICLE,
October 23, 1898.J
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r e f u n d i n g b o n d s . S e c u r i t ie s w i l l b e q u e s t io n o f is s u i n g $75,000 s e w e r b o n d s . I f t h e p r o p o s i t i o n
i n d e n o m i n a t i o n o f $500, d a t e d S e p t e m b e r 1, 1898: i n t e r e s t c a r r ie s , t h e b o n d s w i l l r u n 20 y e a r s a n d w ill b a a r 4% i n t e r e s t ,
J o n e s v i l l e ( T i l l a g e ) , M i c h .—B o n d s V o te d .— A t a s p e c ia l
w ill b e p a y a b l e M a r c h 1 a n d S e p t e m b e r 1 a t t h e C ity T r e a s
u r e r ’s o ffice. T w o b o n d s w i l l m a t u r e e a c h s i s m o n t h s (in e l e c tio n h e ld o n O c to b e r 10, 1898, t h i s v i l l a g e v o t e d t o is s u e
t h e i r n u m e r i c a l o r d e r f r o m 1 t o 40) f r o m S e p t e m b e r 1, 1910, $18,000 w a t e r - w o r k b o n d s a n d $10,000 e l e c t r i c - l i g h t b o n d s .
t o M a r c h 1, 1920, in c l u s i v e . B o n d s a r e i s s u e d p u r s u a n t t o D a t e o f s a le a n d o t h e r d e t a i l s o f t h e is s u e h a v e n o t y e t b e e n
S e c tio n 2701, R e v is e d S t a t u t e s o f O h io , a n d a c i t y o r d i n a n c e d e t e r m i n e d .
K a u k a u n a , W i s .— B o n d O ffe rin g .— P r o p o s a l s w i l l b e r e
e n title d “ A n O rd in a n c e to Iss u e R e fu n d in g B o n d s f o r th e
Y e a r 1 898.:’ E a c h p r o p o s a l m u s t b e a c c o m p a n i e d b y a c e r t i c e iv e d u n t i l N o v e m b e r 1, 1898, b y L . C . W o l f , C i t y C le r k ,
f o r $35,000 r e f u n d i n g b o n d s , w h i c h a r e t o r e p l a c e t h e G%
fie d c h e c k f o r $500 d r a w n o n a b a n k o f t h e c i t y .
D e l a w a r e C o u n t y ( P . 0 . D e l a w a r e ) , O h i o .— B o n d S a le — L a w e S t r e e t b r i d g e b o n d s , p a y a b l e D e c e m b e r 17, 1898. T h e
O n O c to b e r 14, 1893, t h e $8,700 5% c o u n t y im p r o v e d - r o a d n e w b o n d s w i l l b e a r t h e d a t e a n d d r a w i n t e r e s t f r o m t h e
b o n d s w e r e a w a r d e d t o t h e F i r s t N a t i o n a l B a n k , C o lu m b u s , d a t e o f t h e p a y m e n t o f t h e b o n d s r e t i r e d , a n d w i l l b e p a y
a t 103 a n d t h e $7,161 c o u n t y d i t c h b o n d s t o t h e s a m e b a n k a b le a t s o m e s t a t e d p la c e w i t h i n t h e S t a t e o f W is c o n s in .
P r i n c i p a l w ill m a t u r e $2,000 y e a r l v f r o m 1905 t o 1911 a n d
a t 102'876. F o l l o w i n g a r e t h e b i d s :
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P r e m iu m $3 000 y e a r l y f r o m 1912 t o 1919. T h e t e r m s o f s a le o f s a i d
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Bonds. TTds.
t h e h i g h e s t s u m , n o t le s s t h a n p a r , a n d o f f e r in g t o a c c e p t t h e
lo w e s t r a te o f in te r e s t, fo r th e w h o le o r a n y p a r t o f s a id
b o n d s , t h e s a id b o n d s , i n w h o l e o r i n p a r t , s h a l l De i s s u e d .
T h e p r i n c i p a l o f e a c h o f th e s e is s u e s w i l l m a t u r e o n e b o n d I f t h e b o n d s so o f fe r e d f o r s a le s h a l l n o t h a v e b e e n s o ld , o r
e a c h s i x m o n t h s f r o m M a r c h 1, 1899, t o S e p t e m b e r 1,191-3. i f a n y p o r t i o n o f t h e m s h a l l r e m a i n u n s o ld , a t t h e e x p i r a t i o n
F o r d e s c r i p t i o n o f b o n d s se e hronicle o f O c to b e r 1, 1898, o f 30 d a y s , s u c h b o n d s s h a l l t h e n b e d is p o s e d o f b y t h e C o m
p . 703.
m o n C o u n c il i n s u c h m a n n e r a s i n t h e i r j u d g m e n t w ill b e
E a s t H a r t f o r d ( T o w n ) , C o n n .— D e ta ils o f A u th o r iz e d f o r t h e b e s t i n t e r e s t s o f t h e t a x p a y e r s , b u t i n n o c a s e w i l l
L o a n .— W e a r e a d v is e d t h a t t h e l o a n w h i c h w e s t a t e d l a s t s u c h b o n d s b e s o ld e x c e p t a t a r a t e o f i n t e r e s t a s lo w a s t h a t
w e e k h a d b e e n a u t h o r i z e d w i l l b e b o r r o w e d o n t o w n n o te s , b o r n e b y t h e o ld b o n d s . D u r i n g t h e t i m e i n w h i c h t h e b o n d s
$10,000 t o b e p a i d M a y 1, 1899, o u t o f t h e n e x t t a x l e v y , a n d a r e o ffe re d f o r s a le w i t h i n t h e c i t y o f K a u k a u n a t h e y w i l l b e
$8,000 p a y a b l e M a y 1, 1900, o u t o f t h e t a x l e v y o f 1899.
o f d e n o m in a tio n s n o t e x c e e d in g $100 n o r le s s t h a n $35, b u t
F a y e t t e v i l l e , T e n n .— B o n d s V o te d .— T h e e l e c t i o n w h i c h a f t e r t h e e x p i r a t i o n o f s a id 30 d a y s t h e y m a y b e o f a n y d e
w a s o r i g in a ll y c a l l e d f o r A u g u s t 27, 1898, w a s h e l d o n O c to n o m i n a t i o n i n t h e d i s c r e t i o n o f t h e C o m m o n C o u n c il . S e
b e r 15, a n d t h e p r o p o s i t i o n t o is s u e $30,000 5% w a t e r - w o r k s c u r i t i e s w ill b e i s s u e d p u r s u a n t t o s e c tio n s 959 3. 4 a n d 936-11,
b o n d s w a s c a r r i e d b y a la r g e m a j o r i t y . B o n d s w i l l m a t u r e 20 S a n b o r n & B e r r y m a n 's A n n o t a t e d S t a t u t e s o f W is c o n s in f o r
y e a r s f r o m d a t e o f is s u e , s u b j e c t t o c a l l a f t e r 10 y e a r s .
1898.
F l o r e n c e , C o l.— S t u d s V o te d .— A t t h e e l e c t i o n h e l d o n
L a w r e n c e , M a s s .— B o n d s S o ld .— T h e 4 i s e w e r b o n d s w h i c h ,
O c to b e r 1 1, 1898, t h e p r o p o s i t i o n t o is s u e $135,000 b o n d s to a c c o r d i n g to n e w s p a p e r s t a t e m e n t s , t h e M a y o r a n d C i t y
e r e c t w a t e r w o r k s f o r f ire a n d d o m e s ti c p u r p o s e s w a s c a r r i e d T r e a s u r e r h a v e b e e n a u t h o r i z e d t o n e g o t i a t e , a r e n o t a n e w
b y a v o te o f o v e r tw o to o n e. T h e b o n d s w ill b e a r Gi in te r
is s u e . T h e y a r e t h e s a m e b o n d s w h i c h w e r e p o r t e d i n t h e
e s t, p a y a b l e i n g o l d s e m i- a n n u a l l y a t t h e K o u n t z e B ro s . C h r o n i c l e o f J u n e 18, 1898. T h e is s u e is $75,000, a n d t h e
B a n k , N e w Y o r k C ity , o r a t t h e B a n k o f F l o r e n c e . P r i n c i w h o le a m o u n t h a s b e e n s o ld t o t h e S i n k i n g F u n d T r u s t e e s .
p a l w ill m a t u r e 15 y e a r s f r o m d a t e o f is s u e , s u b j e c t to c a ll
L a w t o n ( T i l l a g e ) , M ic h — B o n d s V o te d .— A t a r e c e n t e le c
a f t e r 10 y e a r s . D a te o f s a le h a s n o t b e e n d e t e r m i n e d .
t i o n h e ld i n t h i s v i l l a g e t h e p r o p o s i t i o n t o is s u e $5,0 0 0
G a l l a t i n , T e n n .— B o n d O ffe rin g . — P r o p o s a l s w i l l b e r e elf c t r i c - l i g h t b o n d s w a s c a r r i e d b y a v o te o f 151 to 30.
c e iv e d u n t i l N o v e m b e r 1, 1898, f o r 135,000 4% w a t e r w o r k s
L i n c o l n , T e l) .— B o n d O ffe rin g .— P r o p o s a l s w ill b e r e c e i v e d
b o n d s , t o b e i s s u e d J a n u a r y 1, 1899, o r s o o n e r . P r i n c i p a l u n t i l 4 o ’c lo c k O c to b e r 3 1 ,1 8 9 8 , a t t h e office o f t h e C i t y T r e a s
w ill m a t u r e 20 y e a r s f r o m d a t e o f is s u e , t h e c o r p o r a t i o n o f u r e r f o r t h e s a le o f p a v i n g b o n d s o f D i s t r i c t N o . 3, h e a r i n g
G a l l a t i n r e s e r v i n g t h e r i g h t t o r e d e e m p a r t o r a l l o f t h e m G% i n t e r e s t , p a y a b l e a n n u a l l y a n d m a t u r i n g i n f r o m 1 t o 10
a f t e r 10 y e a r s . I n t e r e s t w i l l b e p a v a b l e s e m i- a n n u a l l y . D. y e a r s . A m o u n t o f is s u e t o b e d e t e r m i n e d h e r e a f t e r . A c e r
K . S p ille r s is t h e C h a i r m a n o f t h e F i n a n c e C o m m itte e .
ti f i e d c h e c k f o r $200 o n a L in c o ln b a n k o r c a s h m u s t a c c o m
G a n a d o ( T o w n ) , T e x a s .— P r o p o s e d B o n d I s s u e . — W e a r e p a n y e a c h b id .
a d v is e d t h a t t h i s t o w n w ill so o n is s u e $1,500 s c h o o l b o n d s .
M a d is o n C o n n t y ( P . 0 . L o n d o n ) , O h io .— B o n d O ffe rin g .—
G e n e s e o ( T i l l a g e ) , N . Y.— B o n d S a le .— O n O c t o b e r 17,1893, P r o p o s a ls w i l l b e r e c e i v e d u n t i l 12 M . O c t o b e r 31, 1898, b y
t h e $5,000 4% w a t e r w o r k s b o n d s w e r e a w a r d e d t o W . J . t h e C o u n t y C o m m is s io n e r s f o r $ 17,200 G% r o a d i m p r o v e m e n t
H a y e s & S o n s , C le v e la n d , a t 101-05. F o l l o w i n g a r e t h e b id s : b o n d s . I- t e r e s t w i l l b e p a y a b l e M a y 1 a n d N o v e m b e r 1 a t
t h e C o n n ty T r e a s u r e r ’s office. S e c u r i t ie s a r e is s u e d p u r s u a n t
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t o S e c tio n 4.846 o f t h e R e v is e d S t a t u t e s o f O h io , a n d t h e la w s
F o r d e s c r i p t i o n of b o n d s se e Chronicle of last week. p. 810. a m e n d a t o r y t h e r e o f , a n d s u p p l e m e n t a r y t h e r e t o , a n d w i l l
G l o u c e s t e r , M a s s .— B o n d S a le .— O n O c t o b e r 10, 1898, th e b e a r d a t e o f N o v e m b e r 1, 1898. T h e is s u e c o n s is ts o f t h r e e
$75,000 4% “ S ta g e F o r t P a r k L o a n ” b o n d s w e r e a w a r d e d to p a r t s , $8 000 G r e g g r o a d i m p r o v e m e n t b o n d s , d e n o m i n a t i o n
W . H o lm a n C a r y . B o s to n , a t 110 280. F o l l o w i n g a r e t h e b td s: $800; $5,000 M c G u ir e r o a d i m p r o v e m e n t b o n d s , d e n o m i n a t i o n
$50 ’. a n d $4,200 o f L o c k b u r n r o a d i n p r o v e m e n t b o n d s , d e
109-150
n o m i n a t i o n $420, a n d o n e b o n d o f e a c h s e r i e s w ill m a t u r e
Co.,
10
s e m i- a n n u a lly o n M a y 1 a n d N o v e m b e r 1, f r o m 1899 t o 1903,
in c lu s iv e .
E a c h p r o p o s a l m u s t b e a c c o m p a n ie d b y a c e r t i f i c a t e o f t h e
P r i n c i p a l w i l l m a t u r e o n e b o n d y e a r l y o n J u l y 1 f r o m 1899
a s u r e r , s h o w in g t h a t a t l e a s t 5 i o f s u c h b i d h a s
t o 1938, in c lu s iv e . F o r d e s c r i p t i o n o f b o n d s
hronicle bCeoeunn dt ye pTorseite
d i n t h e t r e a s u r y . T h e o ffic ia l c i r c u l a r s t a t e s
o f l a s t w e e k . p . 810.
G o o d h u e ( M i n n . ) S c h o o l D i s t r i c t . — B o n d s V o te d .— T h is t h a t t h e c o u n t v h a s n e v e r d e f a u l t e d in p a y m e n t o f p r i n c i p a l
d i s t r i c t r e c e n t l y v o te d t o is s u e $2,500 5£ b o n d s f o r a n e w o r i n t e r e s t . W . D . W ils o n is t h e C o u n t y A u d i t o r .
M a n s f ie ld , O h i o .— B o n d O ffe rin g .— P r o p o s a ls w i l l b e r e
s c h o o l h o u s e . P r i n c i p a l w i l l m a t u r e i n 5, 10 a n d 15 y e a r s .
c e iv e d b e tw e e n t h e h o u r s o f 10 x . m . a n d 2 p . m . N o v e m b e r
D a te o f s a le h a s n o t y e t b e e n d e t e r m i n e d .
21, D 9 8 , b y F . M. R e m y , C itv C l e r k , f o r $10,000
D ebt E x
G r a n t C o u n t y ( P . 0 . W l l l i a m s t n w n ) , K y . —B o n d E lea
t i o n .— A t t h e e l e c t i o n t o b e h e ld i n N o v e m b e r t h e q u e s t io n t e n s io n b o n d s . S e c u r i t i e s w i l l b e i n d e n o m i n a t i o n o f $1,000,
o f f r e e t u r n p i k e s a n d o f i s s u i n g b o n d s t o p a y f o r s a m e w ill d a t e d D e c e m b e r 1. 1898; i n t e r e s t w i l l b e p a y a b l e a n n u a l l y ,
a n d t h e p r i n c i p a l w ill r n a t n r e D e c e m b e r 1. 1899. E a c h p r o
b e s u b m i t t e d t o t h e p e o p le .
H a c k e t t s t o w n ( T o w n ) , N . J .— L o a n A u t h o r i z e d — A c p o s a l m u s t b e a c c o m p a n ie d b v a c e r t i f i e d c h e c k f o r $500
c o r d i n g t o r e p o r t t h i s t o w n w a s a u t h o r i z e d t o b o r r o w $1,000. d r a w n o n e i t h e r o f t h e lo c a l b a n k s a n d m a d e p a y a b l e t o t h e
I n e x p l a n a t i o n i t s h o u l d b e s a i d t h a t t h e s e v e r a l a p p r o p r i a C ity C le r k . B o n d s a r e i s s u e d p u r s u a n t t o S e c tio n 2701, R e
t i o n s w h i c h a r e m a d e a t t h e c h a r t e r e l e c t i o n h e l d i n A p r i l o f v is e d S t a t u t e s o f O h io , a s a m e n d e d a n d p a s s e d A p r i l 18, 1892.
M e d f o r d , M a s s .— B o n d S a le .— O n O c to b e r 17, 1898, t h e
e a c h y e a r a r e n o t a v a i l a b l e u n t i l t h e t a x e s a r e c o lle c te d in
D e c e m b e r , so t h e T r e a s u r e r i s i n s t r u c t e d t o b o r r o w t h r o u g h $90,000 4 t p u b lic b u i l d i n g lo a n b o n d s w e r e a w a r d e d t o B lo d g e t,
t h e s u m m e r a n d f a l l t h e m o n e y t h a t is n e e d e d f o r v a r i o u s M e r r i t t & C o ., B o s to n , a t i l 0 -54. F o l l o w i n g a r e t h e b i d s :
Briggs. Smith
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e x p e n s e s . T h e lo a n is a l w a y s n e g o t i a t e d w i t h t h e lo c a l b a n k
fo r th e s h o r t tim e w h ic h i t r u n s .
H a n o v e r ( B o r o u g h ) , P a .— N o E le c tio n a t P r e s e n t .— I t h a s
b e e n r e p o r t e d t h a t a n e le c tio n w o u ld s o o n b e h e l d in t h i s
b o r o u g h t o s u b m i t t o t h e p e o p le t h e q u e s t io n o f is s u in g
$50,(J0o p a v i n g a n d h i g h w a y i m p r o v e m e n t b o n d s . I n r e p ly
to o u r in q u iry th e S e c re ta ry s a y s: “ T h e b o ro u g h o f H a n o v e r
w ill n o t b e i n a p o s i t i o n to is s u e b o n d s u n t i l a f t e r t h e s p r i n g
( F e b r u a r y ) e l e c t i o n , a n d o n ly t h e n i f a u t h o r i z e d byT t h e
v o te r s .”
H e r k i m e r , N . Y .— B o n d s V o te d .— A t t h e e l e c t i o n h e ld o n
O c to b e r 10, 1893, t h e p e o p le v o te d f a v o r a b ly o n t h e q u e s t io n
o f is s u i n g t h e $13,900 e l e c t r i c l i g h t - p l a n t b o n d s .
H e r m i n g h a n s S c h o o l D i s t r i c t , F r e s n o C o u n t y , C a l .—
B o n d a l e — A n is s u e o f s c h o o l b o n d s t o t h e a m o u n t o f $1,500
h a s r e c e n t l y b e e n a w a r d e d t o t h e O a k l a n d B a n k o f S a v in g s
a t 103 33.
I n d e p e n d e n c e , M o . —B o n d E le c tio n .— A.t a s p e c ia l e le c tio n
t o b e h e l d o n N o v e m b e r 1, 1898, t h e p e o p le w ill v o te o n t h e
Blcdeet.
Merritt
A Co..Boston...110*307
Boston .110*54 I Parkinson
Adams A Co.,
Boston...............
110*211
E.N.
HW. Rolling
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Boston........110*24
Holman
Cary, Boston........110*078
Perry, Bros.
Coffin A Burr,
Boston.. .110*22 IW.
Frederick
Bancroft................*100*91
• For $3,000.
. .
P r i n c i p a l w i l l m a t u r e A u g u s t 1, 1918. F o r d e s c r i p t i o n o f
b o n d s se e C h r o n i c l e o f l a s t w e e k , p . 810.
M e m p h is ( T e n n . ) S c h o o l D i s t r i c t . — N j B o n d I s s u e a t
P r e s e n t.— W e a r e a d v is e d b y A . B H i l l , S e c r e t a r y o f t h e
B o a r d o f E d u c a t i o n , t h a t t h e $30,000 s c h o o l b o n d s w h i c h w e
r e p o r te d i n t h e C h r o n ic l e o f O c to b e r 8 a s h a v in g b e e n
a u t h o r i z e d w i l l n o t b e is s u e d u n t i l s o m e c h a n g e s a r e m a d e i n
th e la w , w h ic h c a n n o t b e d o n e u n til a f te r th e L e g is la tu r e
m e e ts n e x t J a n u a r y (1809)— i n f a c t , t h e y m a y n o t b e i s s u e d
fo r a y e a r o r m o re.
M i n n e a p o l i s , M i n n .— B o n d s A u t h o r i z e d .— T h e C ity C o u n
c il h a s a u t h o r i z e d t h e i s s u a n c e o f t h e $80,000 c o u p o n b r i d g e
b o n d s a n d $200,000 c o u p o n s c h o o l b o n d s r e f e r r e d t o i n t h e
C h r o n i c l e o f O c t. 8, 1898, a n d t h e p r o p o s i t i o n w i l l b e s u b -
1'HE C HRO NICL E.
864
m u t e d t o t h e v o t e r s a t t h e g e n e r a l e l e c t i o n t o b e b e lt! o n
N o v e m b e r S, 1898. I f is s u e d a ll t h e b o n d s w ill b e d a t e d J a n n a r y 1 , 1899 ( n o t J a n e 1, 1899). a n d w i l l b e a r
in te re s t,
p a y a b l e s e m i a n n u a l l y . P r i n c i p a l w i l l m a t u r e J a n u a r y 1,
1929. B o n d s w ill b e s o ld b y p o p u l a r s u b s c r i p t i o n a t n o t le s s
th a n th e ir p a r v a lu e a u d a c c ru e d in te re s t.
M o n r o e , L a . —P o r t li e r D e l<iil? o f S o l i d E le c tio n ,— I n a d d i
t i o n t o t h e p r o p o s i t i o n s to b e s u b m i t t e d t o t h e v o te r s a t t h e
e l e c t i o n t o b e h e ld o n N o v e m b e r 9, 1898. a s s t a t e d in t h e
CHKONo i r o f h is t w e e k , w e a r e a d v is e d t h a t t h e q u e s t io n o f
i s s u i n g $5,001) c h a r i t y h o s p i t a l b o n d s ( m a k i n g $155,000 b o n d s
a l t o g e t h e r i a n d t h e le v y o f a s p e c ia l t a x o f fiv e m ills a n n u
a l l y u n t i l t h e m a t u r i t y o f a ll t h e $155,000 b o n d s t o b e v o te d
u p o n t o p a y t h e i n t e r e s t a n d p r i n c i p a l o f s a m e w ill a ls o b e
c o n s id e r e d .
M o n r o v i a , C a l.— B o n d S a le ,— O n O c t, 15, 1898, t h e $25,000
w a te r im p ro v e m e n t b o n d s w e re a w a rd e d to th e L a m p re c h t
B r o s . O o .. C l e v e la n d , O ., a t 103. A f u l l d e s c r i p t i o n o f t h e
is s u e w ill b e f o u n d i n t h e C h r o n i c l e o f O c t. 1, 1898, p . 705.
M o u n t P l e a s a n t ( P . 0 . W h i t e P l a i n s . N . Y „ ) S c h o o l D is
t r i c t N o. h . - B o n d Sal< — O n O c t o b e r 15, 1898, t h i s d i s t r i c t
s o ld a t p u b l i c s a l e $ 4 ,0 0 0 5 t s c h o o l b o n d s t o t h e H o m e S a v
in g s B a n k . W h i t e P l a i n s , a t 106'125. B e n w e ll & E v e r i t t ,
N e w Y o r k , b id 10fi'O625, a n d L e l a n d , T o w le & Cr.. a u d F . R .
C a r p e n t e r a ls o b id .
N e g a u n e e ( M i c h . ) S c h o o l D i s t r i c t N o . 1 .— B o n d S a le .—
T h is d i s t r i c t h a s is s u e d $12,000 5;; b o n d s w h i c h w e r e v o t e d a t
a n e l e c t i o n h e l d o n S - p t e m b e r 5, 1898. S e c u r i t ie s a r e i n den o m i n a t i o n o f $200. P r i n c i p a l w ill m a t u r e $3,000 y e a r l y
f r o m 1902 to 19 5, i n c lu s iv e . W e a r e a d v is e d t h a t t h e b o n d s
w e r e so ld a t p a r to lo c a l p a r t i e s a n d w e r e a l l d is p o s e d o f b e
f o r e .S e p te m b e r 20, a n d t h a t i t is q u i t e p o s s ib le t h e y w i l l b e
c a lle d b e fo re m a tu r ity .
N e w B r u n s w i c k . N . J . — B o n d S a le .— O n O c to b e r 20. 1898,
t h e $02,000 4 i s i u k i a g f a n d b o n d s w a r s a w a r d e d t o W . J .
H a y e s & S o n s, C le v e la n d , a t 100 lo o . F o l l o w i n g a r e t h e b i d s :
W.
J. Hate' A- £ou>. Clove ......I0rt'155 j Bertroo &Stnrra, New York.. 101*15
K *1 l i ,;ins & Sons. Boston — 105*708 N ational B ank o f New Jersey,
K i 1. aes(
New Yuris ......105*735 | Now Brunswick.................. 103*87
W. 8. >tan:ou JcO n. New York I0‘»*l5 I C. Zabriskie, Jerse y C itv.... . 103*65
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101*109
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Benwell * E veritt, New Y o rk ... 101*3*0 8. A. Kean, Chicago...........
W. IX Van V leck.......................... 1C4*30 1G raham , K err & Co., Plllla .. 103*2258
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A.
• No check.
P r i n c i p a l w i l l m a t u r e N o v e m b e r 1,192-3. F o r d e s c r ip tio n
o f b o n d s’ se e C h r o n i c l e o f S e p t e m b e r 24, 1898, p . 056
N e w O r l e a n s , I,:t.— L iq u id a t i o n C la im s N o t A w a r d e d .—
A s s t a te d in thi* C h r o n i c l e o f A u g u s t 37, 1898, p. 445, p r o p s a ls w e r e a s k e d n n t i l O c t o b e r 11 f o r t h e s a le o f c l a i m s
a g a i n s t t h e c i t y u n d e r t h e F l o a t i n g D e b t O r d in a n c e o f t h e
S t a t e C o n s t i t u ti o n . W e a r e a d v is e d t h a t t h e B o a rd t o o k n o
f in a l a c t i o n u p o n t h e p r o p o s a ls r e c e i v e d a t t h a t t i m e , b u t w ill
d o so a t a c a l l e d m e e t i n g l a t e r o n .
N e w R i c h m o n d ( V i l l a g e ) , O h i o .— B o n d O ffe rin g .— P r o
p o s a ls w ill b e r e c e i v e d n n t i l 12 M, N o v e m b e r 10, 1898, b y
C h a r le s R . D a y , V i l l a g e C le r k , f o r t h e $30,000 44 w a t e r - w o r k s
a n d e l e c t r i c l i g h t c o u p o n b o n d s v o t e d a t t h e s p e c ia l e l e c tio n
h e ld o n S e p t e m b e r 12, 1898. I n t e r e s t w i l l h e p a y a b le M a y 10
a n d N o v e m b e r 10 a t t h e V il l a g e C l e r k 's office arid t h e p r i n c i
p a l w ill m a t u r e o n e b o n d y e a r l y a s f o llo w s : $500 f ro m 1900
t o 1903, in c l u s i v e ; $900 f r o m 1904 t o 1908, in c lu s iv e ; $1,200
f r o m 1909 to 1914, i n c l u s i v e ; $1,400 f r o m 1915 t o 1921, i n c l u
s iv e , a n d $1,000 f r o m 1922 to 1928, in c lu s iv e . B o n d s a r e
i s s u e d p u r s u a n t t o t h e v illa g e o r d i n a n c e p a s s e d O c to b e r 3,
1898, a n d b e a r d a t e o f N o v e m b e r 1 0 ,1 8 9 8
E a c h p ro p o sal
m u s t h e a c c o m p a n ie d b y $200 in m o n e y o r a c e r tif ie d c h e e k
f o r t h a t a m o u n t d r a w n o n s o m e b a n k "in N e w R ic h m o n d o r
C in c in n a ti.
N o w R o c h e l l e , N. Y.— N o B o n d Is su e .— T h e e le c tio n w h i c h
w a s h e l d o n O c to b e r 17. 1893, w a s n o t f o r t h e p u r p o s e o f
v o t i n g o n t h e q u e s t io n o f is s u i n g $5,000 f ir e d e p a r t m e n t a n d
o th e r b o n d s, a s h a s b e e n re p o rte d , b u t o n a n a p p ro p ria tio n
f o r t h e fire d e p a r t m e n t .
N e w t o n ( P . 0 . W e s t N e w to n ) , M a s s .— N o te s A u th o r iz e d
a n d S o ld . T h is c i t y r e c e n t l y a u t h o r i z e d t h e is s u a n c e o f $16,500 4 i n o t e s f o r t h e w i d e n i n g o f A u b u r n a n d L e x i n g to n
s t r e e t s . P r i n c i p a l w ill m a t u r e O u t, 1, 1903. W e a r e a d v is e d
t h u s th e s e n o t e s h a v e b e e n t a k e n b y t h e c i t y S in k i n g F u n d
C o m m is s i o n e rs a t p a r .
N o r f o l k , Y u .— B o n d O ffe rin g .— P r o p o s a l s w ill b e r e c e iv e d
u n t i l 12 o 'c lo c k O c to b e r 27, 1898, a t t h e o ffice o f H . S. H e r
m a n , C ity T r e a s u r e r , f o r $599,000 o f 30 y e a r 4% c o u p o n b o n d s
o f $1,0 0 0 e a c h m a t u r i n g N o v e m b e r 1, 1928. I n t e r e s t w ill b e
p a y a b le M a y 1 a n d N o v e m b e r 1 a t p la c e to s u it p u rc h a s e r.
T h e b o n d s a r e is s u e d f o r t h e f o l lo w in g p u r p o s e s : A d d i t i o n a l
w a t e r s u p p l y , $250*000; A t l a n t i c C i t y w a r d s e w e r a g e a n d
s t r e e t i m p r o v e m e n t, $180,000; t o r e t i r e b o n d s m a t u r i n g J a n u
a r y 1, 1899, $77,0 0 0 : f o r a n i r o n b r i d g e , $52,000, a n d f o r s t r e e t
i m p r o v e m e n ts , f ire e n g in e h o m e a n d o t h e r p n b l i c i m p r o v e
m e n t s , $40,000. A c e r t i f i e d c h e c k , p a y a b l e t o t h e o r d e r o f
t h e C i t y T r e a s u r e r f o r M o f t h e a m o u n t b id f o r m u s t a c
c o m p a n y e a c h p r o p o s a l, A f u r t h e r d e p o s i t o f 4% w ill be.
r e q u i r e d u p o n n o t i f i c a ti o n o f a w a r d , a n d i n t e r e s t a t 4% w ill
b e a llo w e d t o s u c c e s s f u l b i d d e r s o n t h e 5 J d e p o s it f r o m t h e
ti m e o f r e c e i p t o f t h e I t d e p o s i t t o t h e d e l i v e r y o f t h e s e c n r L
tie s .
T he o fficia l a d v e r tis e m e n t
in th is D e p a r tm e n t.
o f th e s a le w i ll
b e
f o u n d elsew h ere
[V ol . LX VII,
B o n d E le c tio n . — A t t h e g e n e r a l e l e c t i o n t o b e b e l d o n N o v e m b e r 8, 1898, t h e q u e s t io n o f i s s u i n g $150,000 o f b o n d s f o r t h e
p u rp o s e o f e s ta b lis h in g a s y s te m o f s e w e ra g e in th e F if th
W a r d ( B r a m b l e t o n ) , a n d a ls o t h e q u e s t io n w h e t h e r o r n o t t h e
p r e s e n t r a t e o f t a x a t i o n o f $1 o n t h e $100 v a l u a t i o n o f p r o p
e r t y i n t h i s w a r d s h a l l b e i n c r e a s e d t o $1 60 f o r t h e p u r p o s e
o f p a y in g th e e x p e n s e s o f o p e r a tin g s u c h s e w e ra g e p la n t a n d
o f p a y i n g t h e i n t e r e s t o n s a id b o n d s , w i l l b e s u b m i t t e d t o a
v o t e o f t h e p e o p le . T h e b o n d s , i f is s u e d , a r e t o m a t u r e in
30 y e a r s a n d b e a r i n t e r e s t a t a r a t e n o t t o e x c e e d G%.
N o r w o o d , O h i o .— B o n d O ffe r in g .— P r o p o s a l s w ill b e r e
c e iv e d u n t i l 12 m ., N o v e m b e r 4 ,1 8 9 8 . b y W . E . W i c h g a r ,
V illa g e C le r k , c a r e o f W i l l i a m E . B u n d y , r o o m 210, L in c o ln
I n n C o u r t , C i n c i n n a t i , f o r $3,000 5# s i d e w a l k b o n d s . S e c u r i
tie s w ill b e in d e n o m i n a t i o n o f $500, d a t e d O c to b e r 1, 1898,
a n d w ill m a t u r e O c t o b e r 1, 1908. i n t e r e s t w i l l b e p a y a b l e
s e m i a n n u a l l y a t t h e A t l a s N a t i o n a l B a n k , C i n c i n n a t i . B id s
m u s t b e a c c o m p a n i e d b y c e r tif ie d c h e c k f o r v ; o f t h e a m o u n t
o f b o n d s , p a y a b l e t o o r d e r o f V i l l a g e C le r k . S e c u r i t ie s a r e
is s u e d p u r s u a n t w i t h S e c tio n 2 ,334 A. B . C ., R e v is e d S t a t u t e s
o f O h io , a s a m e n d e d .
P r o p o s a ls w i l l a ls o b e r e c e i v e d a t t h e s a m e t i m e a n d p la c e
f o r $3,925 68 64 1 -1 0 -y e a r ( s e r ia l) s t r e e t - i m p r o v e m e n t b o n d s .
S e c u r i t ie s b e a r d a t e O c t o b e r 19. 1898. A c e r t i f i e d c h e c k f o r
5? o f t h e g r o s s a m o u n t o f b o n d s , p a y a b l e t o t h e V i l l a g e
T r e a s u r e r , m u s t a c c o m p a n y p r o p o s a ls .
O a k l a n d ( T o w n ). R id .— B o n d O ffe rin g .— P r o p o s a l s w i l l b e
r e c e iv e d b y R . S. J a m i s o n , M a y o r , a n d t h e T o w n C o u n c il
u n t i l 9 P . M O c t o b e r 25, 1898, f o r $13,000 4 -' c o u p o n m u n i c i
p a l b o n d s . T h e p r o c e e d s w i l l b e u s e d t o p a y o ff f l o a t in g
d e b t a n d i m p r o v e t h e s t r e e t s o f t h e to w n . S e c u r i t ie s w i l l b e
in t h e d e n o m i n a t i o n s o f $100. 3530 a n d $1,000, a s t h e p u r
c h a s e rs m a y d e s ire ; in te r e s t w ill b e p a y a b le J a n u a r y 1 a n d
J u ly 1 a t th e G a r r e t t C o u n ty B a n k , O a k la n d . P r in c ip a l w ill
m a t u r e $ l , 0 0 0 y e a r l y f r o m J u l y 1 ,1 9 0 3 , b u t b o n d s a r e r e d e e m
a b le a t t h e p l e a s u r e o f t h e M a y o r a n d T o w n C o u n c il a f t e r
t h e d a t e m e n t i o n e d . B o n d s a r e i s s u e d p u r s u a n t t o C h a p te r
24 o f t h e A c t s o f t h e G e n e r a l A s s e m b ly o f M a r y l a n d , 1893.
E a c h p r o p o s a l m u s t b e a c c o m p a n ie d b y t h e c u r r e n c y o r a
c e r tif ie d c h e c k p a y a b l e t o t h e o r d e r o f t h e M a y o r a n d T o w n
C o u n c il, w i t h o u t c o n d i t i o n , f o r a n a m o u n t e q u a l t o 104 o f
t h e a m o u n t b id , R e s i d e n t s o f t h e t o w n a r e t o b e p r e f e r r e d ,
“ e v e r y t h i n g e ls e b e i n g e q u a l . ” T h e o ffic ia l c i r c u l a r s t a t e s
t h a t t h e w r i t t e n o r p r i n t e d o p in io n o f t h e C o u n s e l t o t h e
M a y o r a n d T o w n C o u n c il w ill b e g iv e n t o a n y p e r s o n s d e
s i r i n g t o b i d o n s a id b o n d s a s t o t h e v a l i d i t y o f t h e s a m e a n d
t h e a u t h o r i t y u n d e r w h i c h t h e y a r e is s u e d .
O n e i d a ( T i l l a g e ) . N . Y — B o n d O ffe r in g .— O a N o v e m b e r 2,
1898. t h i s v i l l a g e w i l l s e ll t h e $6,316 29 s e w e r a s s e s s m e n t
b o n d s r e c e n tly a u th o r iz e d b y th e S e w e r B o a rd . T h e b o n d s
w i l l r u n 10 y e a r s , o n e - t e n t h o f t h e p r i n c i p a l b e i n g p a y a b l e
each y ear.
■ _
O s a k i s ( T i l l a g e ) , M i n n .— B o n d S a le .— O n O c t o b e r 14,
1898, t h e V i l l a g e C o u n c il a w a r d e d $1,000 o f t h e $2,000 6,4
3 -y e a r b o n d s (for w h i c h p r o p o s a ls w e r e a s k e d u n t i l O c t o b e r
8, b u t t h e s a le o f w h i c h w a s p o s tp o n e d , a s s t a t e d i n t h e
C h r o n i c l e of l a s t w e e k ) t o t h e M i n n e s o t a L o a n & T r u s t
C o .. M in n e a p o lis , a t 103. O t h e r b i d d e r s w e r e K a n e & C o . ,
M in n e a p o lis . 1 02-31; J . D . C l e g h o r n & C o ., M i n n e a p o lis ,
101-30. a n d t h e N a t i o n a l G e r m a n - A m e r i c a n B a n k . S t. P a u l .
101. W e a r e a d v is e d t h a t o w i n g t o r e c e n t p a y m e n t i n t o t h e
v illa g e tr e a s u r y o f a d d itio n a l liq u o r lic e n s e re v e n u e , th e
C o u n c il v o te d t o i s s u e b u t $1,000 b o n d s i n p l a c e of t h e $3,000
a d v e r tis e d .
P a w n e e C o u n t y ( P . O. L a m e d ) , K a n .— R o n d C a d .— C o u n t y
T re a s u re r G . W . L a w re n c e c a lls fo r p a y m e n t o n N o v e m b e r
30, 1398, a f t e r w h i c h d a t e a ll i n t e r e s t w i l l c e a s e , b o n d s N o s .
3. 4 a n d 5, b e a r i n g d a t e o f A u g u s t 17, 1887, a n d b e i n g i n d e
n o m i n a t i o n o f $1,000 e a c h , is s u e d b y t h i s c o u n t y t o t h e D e n
v e r M e m p h is & A t l a n t i c R R . C o. B o n d s w ill b e p a i d a t t h e
fis c a l a g e n c y o f t h e S ta te o f K a n s a s in t h e c ity o f N e w
Y o rk .
Perry, N . Y .— N o B o n d I s s u e — I t h a s b e e n r e p o r t e d t h a t
$7,000 t o w n - h a l l b o n d s b a d b e e n v o te d . W e a r e a d v is e d t h a t
n o b o n d s a r e t o b e is s u e d ; t h e m o n e y is t o b e r a i s e d o n t o w n
n o t e s a t 44.
P e r s i a ( T i l l a g e ) , I o w a . — -Vo B o n d s a t P r e s e n t.— I t h a s
b e e n r e p o r t e d t h a t t h i s v i l l a g e p r o p o s e d t o p u t o u t $5,000
w a te r-w o rk s b o n d s. U p o n in q u ir y w e le a r n t h a t t h e b o n d s
w ill n o t b e isB n ed a t p r e s e n t .
P o r t J e r v i s , N . T . —B o n d R a le .—A c c o r d i n g t o lo c a l r e p o r t ,
t h e $22,000 44 s c h o o l- h o u s e b o n d s t o w h i c h r e f e r e n c e w a s
m a d e in t h e C hronicle of A u g u s t 20 h a v e b e e n s o ld t o I s a a c
W . S h e r r i l l . Poughkeepsie, a t 103-37. I t is s t a t e d t h a t a
la r g e n u m b e r of b i d s was r e c e iv e d .
R i p l e y C o u n t y ( P . O. D o n i p h a n ) , R io.— B o n d O ffe rin g .—
P r o p o s a ls w ill b e r e c e iv e d u n t i l 2 p . m ., N o v e m b e r 10, 1898,
b y W . C . S . L a c k e y , C o u n ty T r e a s u r e r , f o r t h e $30,000 4%
c o u r t- h o u s e a n d j a i l b o n d s a u t h o r i z e d a t t h e r e c e n t e le c tio n .
S e C tiritie s w ill b e in d e n o m i n a t i o n o f $500, d a t e d D e c e m b e r
1, 1898; i n t e r e s t w ill b e p a y a b l e J u n e 1 an d . D e c e m b e r 1.
P r i n c i p a l w ill m a t u r e $1,000 y e a r l y o n D e c e m b e r 1 f r o m 1899
t o 1918, in c l u s i v e . E a c h p r o p o s a l m u s t b e a c c o m p a n i e d b y a
c e r tif ie d c h e c k f o r 34 o f t h e a m o u n t b id . T h e o ffic ia l c i r c u
l a r s t a t e s t h a t t h e r e is n o d i s p u t e a s t o t h e l e g a l i t y o f t h i s
is s u e , a n d t h a t p r i n c i p a l a n d i n t e r e s t o f a l l f o r m e r i s s u e s o f
b o n d s w e r e p a id w i t h o u t a u y l i t i g a t i o n . T o ta l a s s e s s e d v a l u
a t i o n t o r t h e c o u n t y f o r 1898 is $2,060,343. E s t i m a t e d r e a l
v a lu e , 81.0*0.000. T h e a b o v e isbub is t h e o n l y b o n d e d i n
d e b te d n e s s . T o ta l f l o a t in g d e b t a b o u t $3,000 i n w a r r a n t s
w h i c h w ill s o o n b e p a i d . P o p u l a t i o h is 11,000,
O ctober 22
THE CHRONICLE.
1898. i
R i v e r h e a d ( L . I . ) , N . Y.— .Vo A c tio n Y e t T a k en i n R e g a r d
to B o n d Is su e .— W e a r e a g a i n a d v is e d t h a t n o a c t i o n h a s y e t
b e e n t a k e n l o o k i n g t o w a r d s t h e i s s u a n c e o f t h e $25,000 s c h o o l
b o n d s w h i c h , a s s t a t e d i n t h e C hronicle o f September 10,
1898, t h e B o a r d o f E d u c a t i o n h a s u n d e r c o n s i d e r a t i o n .
R o c k t o n ( V i l l a g e ) , M o n t g o m e r y C o., N . T .— B o n d S a le . —
O n O c to b e r 17, 1898, t h e $ 1 2 ,0 (0 r o a d - i m p r o v e m e n t b o n d s
w e r e so ld t o t h e A m s t e r d a m S a v in g s B a n k a t p a r f o r a ?>14%
b o n d , t h e i r b i d b e in g t h e o n ly o n e r e c e iv e d . F o r d e s c r i p t i o n
o f b o n d s se e Chronicle o f l a s t w e e k , p. 811.
R o e d i n g S c h o o l D i s t r i c t , F r e s n o C o u n t y C a l.— R o a d
S a le .— T h is d i s t r i c t h a s r e c e n t l y s o ld a n is s u e o f $ 2 ,0 0 0 b o n d s
t o t h e O a k l a n d B a n k o f S a v in g s a t 104‘25.
R o s s v i l l e ( T o w n ) , I n d .— B o n d S a le .— W e a r e a d v i s e d t h a t
t h e $300 o f s c h o o l b o n d s r e c e n t l y o f fe r e d f o r s a le h a v e b e e n
d is p o s e d o f.
S a l e m , O h io .— N o t a N e w I s su e o f B o n d s .— W e a r e n o w a d v is e d t h a t t h e $5,047 40 6% L u n d y S t r e e t i m p r o v e m e n t b o p d s
w h i c h t h i s c i t y is o f fe r in g f o r s a le o n O c t. 2 5 ,1 8 9 8 (see Chroni
c l e o f l a s t w e e k , p . 811), a r e n o t a n e w is s u e , b u t a r e i d e n t i c a l
w i t h t h o s e s o ld t o T h e L a m p r e c h t B r o s . C o ., C le v e la n d , o n
S e p t. 6, 1898; t h e y w e r e n o t t a k e n b y t h a t f ir m b e c a u s e i t
w a s d is c o v e r e d t h a t t h e b o n d s h a d n o t b e e n a d v e r t i s e d q u i t e
th e fu ll tim e r e q u ire d b y la w , in v o lv in g th e le g a lity o f th e
is s u e , a n d i t w a s , t h e r e f o r e , d e e m e d b e s t t o r e - a d v e r t i s e t h e m .
S h a k o p e e , M i n n .— B o n d S a le .— O n O c t o b e r 11, 1898, $8,000
5 f b o n d s w e r e so ld t o t h e F i r s t N a t i o n a l B a n k , S h a k o p e e , a t
1( 0 693. P r i n c i p a l w i l l m a t u r e o n N o v e m b e r 1, $4,000 in
1899, $2,0C0 i n 1900 a n d $2 ,0 0 0 i n 1902.
S h a r p s h u r g , P a . — B i d s .— O n O c t o b e r 18, 1898, t h e f o l lo w
i n g b id s w e r e r e c e i v e d f o r t h e $60,000 4% s t r e e t i m p r o v e m e n t
bon d s:
Metropolitan
Nat.................
Bk.,Pitts..$60,6<)0
00
Mercantile
Tr.
Co..Co..
Piitsburg.f01.515
00
& Fllnn
60,600
00
Lamprecht
Bros.
Cleve 61,850
61.308 00
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Per.n
Mut
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Ins.Co.,Phila.
Briggs.
Smith
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Cincin...
60,551
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Cleve.. 01.007
MacDonald.......& OO.SO'- 00
Niver Co.. Chicago—
.SIO5000I Trowbridae,
John
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60,150
00
W.
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Sc Sons, Cleve... 60,696 <0 S. A. Kean. Chicago.
Robinson
Bros.,CoPittsburg....
60,642 50.
00 N. W. Harris A Co., Chicago. 60,101 SI
Ewd. C. Jones
. N. Y. ...60,601
60
F o r description of bonds see Chronicle of last week. p. 812.
S h e l b y C o u n t y , O h io .— B o n d S u le .— O n O c to b e r 18, 1898,
t h e $30,000 6% c o u n t y d e f ic ie n c y b o n d s w e r e s o ld t o R u d o l p h
K l e y b o l t e & C o ., C i n c i n n a t i , a t H l '2 7 5 . F o l l o w i n g a r e t h e
b i d s ':
N E W LO AN S.
R u d o lp h K le y b o lte & Co.,CiD.$33,382 50 ; G e rm a n -A m e r. B k .. S id n e y . .$33,075 00
D e n is o n . P r io r & Co., C le v e .. 33.M70 25 I S. A . K e a n . C h ic a g o ................. 33,037 50
M ason, L e w is & Co., C h ic — 33,351 00 I 8. K u h n & Sons. C in c in n a ti
33,025 00
Seasongood & M a y e r, C in c in . 33.286 75 I New' F ir s t N at. B k.,C o lu m b u s , 3:J,015 00
W . 1. H a y e s A Sons, C le v e ... 33,257 00 I B rig g s , S m ith & Co., C in c in .. 33,003 00
L a m n re c h t Bros. Co., C le v e .. 33,183 0 > C itiz e n s ’ B a nk. S id n e y ...........32,60150
S o c ie ty f o r S a vings, C le v e — 33,175 U0 | P e o y le s ’S av.& L n . A ss.,S idn’y 31,400 00
S p i t z e r & C o ., T o le d o , b i d $33,538 50, b u t b i d w a s r e
c e iv e d t w o h o u r s l a t e . P r i n c i p a l w i l l m a t u r e $1,500 o n J a n
u a r y 1, 1900, a n d $1,500 e a c h s ix m o n t h s t h e r e a f t e r u p to a n d
i n c l u d i n g J u l y 1 .1 9 0 5 . F o r d e s c r i p t i o n o f b o n d s s e e
hron
icle o f O c to b e r 8, 1898, p . 759.
S l i i p p e n s b u r g ( B o r o u g h ) , P a . — B o n d E le c tio n .— A t t h e
g e n e r a l e l e c tio n t o b e h e l d o n N o v e m b e r 8, 1898, t h i s b o r o u g h
w ill v o t e o n t h e p r o p o s i t i o n t o is s u e $10,000 4% s t r e e t - i m p r o v e
m e n t b o n d s . T h e t o t a l d e b t a t p r e s e n t is $33,682 a n d t h e
l a t e s t a s s e s s e d v a l u a t i o n w a s $805,391.
S h r e v e p o r t , L a .— P e t i t i o n f o r B< n d E le c tio n .— A t a r e c e n t
m e e t i n g o f t h e C ity C o u n c il a r e s o l u t i o n w a s p a s s e d p r o
v id in g t h a t a p e titio n b e c ir c u la te d a m o n g th e ta x p a y e rs ,
c a l l i n g o n t h e C o u n c il t o o r d e r a n e l e c t i o n t o e m p o w e r i t to
is s u e $40,000 o f p a v i n g b o n d s , a n d t o a s s e s s a 1 m i l l t a x f o r 20
y e a r s fo r r e d e e m in g t h e s a m e . I f is s u e d t h e b o n d s w i l l p r o b a b l y
b e f o r $500 e a c h , b e a r i n t e r e s t a t 5jt a n d m a t u r e in 20 y e a r s .
S o m e r v i l l e . T e n n .— B o n d O f f e r i n g .- P r o p o s a l s w i l l b e
r e c e iv e d u n t i l 3 p . m ., N o v e m b e r 3 ,1 8 9 8 , b y t h e F i n a n c e C o m
m i t t e e , f o r $10,000 o% w a t e r a n d l i g h t b o n d s . S e c u r i t ie s a r e
is s u e d u n d e r a u t h o r i t y o f a s p e c ia l a c t o f t h e S t a t e L e g i s l a
t u r e a n d v o te d a t t h e e l e c tio n h e l d A u g u s t 29, 1898. S e c u r i
tie s a r e i n d e n o m i n a t i o n o f $500, d a t e d D e c e m b e r 1. 1898.
P r i n c i p a l w ill m a t u r e 20 y e a r s f r o m d a t e o f is s u e , o n e - f o u r t h
b e in g o p tio n a l e v e r y fiv e y e a r s . A c e r t i f i e d c h e c k f o r 2 % £ ,
p a y a b le t o t h e C i t y T r e a s u r e r , m u s t a c c o m p a n y p ro p o sa ls ."
S o u t h C h e s t e r — C h e s t e r , P a . — B o n d t e d e m p tio n .— B o n d s
t o t h e a m o u n t o f $3 ,0 0 0 o f t h e l a t e b o r o u g h o f S o u t h C h e s t e r
( w h ic h h a s b e e n r e c e n t l y a n n e x e d t o t h e c i t y o f C h e s te r ) a r e
n o w o v e rd u e , a n d w ill b e ta k e n u p b y th e c ity a n d p a id fo r
o u t of th e s in k in g fu n d .
S p o k a n e , W a s h .— B o n d S a le .— O n O c t o b e r 12, 1898, t h e
$10,000 5% p a r k b o n d s w e r e a w a r d e d t o W . E . B e ll, S p o k a n e ,
a t i0 0 '5 7 . W . J . H a y e s & S o n s , C le v e la n d , b id p a r , le s s $100
f o r e x p e n s e s , a n d S. A . K e a n , C h ic a g o , b id 102 f o r 2 0 -y e a r
b o n d s . P r i n c i p a l w i l l m a t u r e A u g u s t 1, 1998. F o r d e s c r i p
t i o n o f b o n d s Bee Chronicle o f S e p t e m b e r 17, 1898, p . 605.
IN V E S T M E N T S .
Government a n d
Municipal Bonds
CITY OF NORFOLK, VA,
$ 0 0 9 , 0 0 0
30-T E A R 4 1 COUPON BONDS
OF §1,000 EACH,
fc65
S O U G H T A N D S O LD .
A PPR A ISEM EN TS MADE OR QUOTATIONS
FU RN ISH ED FOR T H E PURCHASE, SALE. OR
EXCHANGE OF ABOVE SECU RITIES.
C
IN V E S T M E N T S .
H IG H -G R A D E
S ta te , M u n ic ip a l, C o u n ty , S chool
BONDS.
Legal investments for Savings Banks in New York
anl all New England.
DUE NOVEMBER 1ST. 1028.
IMTEKEST PAYABLE MAY 1ST A>JD NOV. 1ST.
L I S T S t>N A P P L I C A T I O N .
SEALED PROPOSALS will be received at the N. W. HARRIS & CO., Kudolph Kleybolte & Co.,
office of the City Treasurer of Norfolk. Va., until 12
B A N K E R S
B A N K E R S ,
o’cl. ckM.. THURSDAY. OCTOBER i7th. 1898, for
$599,000 four per cent, semi-annual, 30-year Coupon 11 N A S S A U S T . ( B a n k of C o m m e r c e B l d g . )
N o. 1 N a s s a u S t r e e t , N e w Y o r k ,
Bonds, issued for the following purpcses, vlz:3 d a n d W a l n u t S t r e e t s , C i n c i n n a t i , O.
For additional Water Supply ..............$750,000 00
For Atlantic City Ward sewerage and
L I S T S M A IL E D UPON A P P L IC A T IO N .
Street Improveaent........................... 180,000 CO
To retire Bonds maturing January 1st. 1899 77,000 00 ADAMS & COMPANY.
$175,000
For Iron Bridge over Smith’s Creek ....... 52,000 00
•
BANKERS
For Street Improvements, Fire Engine
Los Angeles Ti action Co.
D EALERS IN
House and other Public Improvements 40,COO00
1st M ortgage
2 0 - y e a r G o ld B o n d s .
Total.................................................$599,000 00
Bids may be for the whole or part of the said IN V E S T M E N T BONDS.
Total
issue
$260,000.
Bonds, and must state price and accrued Interest.
First Mortgage at $14,000 per mile,
Bonds issued in denominations of $1,000, and place
tfet
earnings
for
28
months
of operation, $69 983 90
Members
of
Boston
Stock
Exchange.
of payment of interest to suit purchaser.
equivalent to 12% on the total issue of bonds.
Bidders to enclose certified check for 1% of par No. 7 C o n g r e s s a n d 81 S ta te S tr e e ts
Population of Los Angeles 103,079.
value of amount bid for.
Send for fnll description of property.
Immediately upon notification of allotment a fur
BOSTON
E. H. R O L L IN S & SO N S,
ther deposit of 4$ of par value of amount allotted
shall be made.
1 9 M ilk S tre e t. B oston. M ass.
FOUR (4) per cent interest, will be allowed success
ful bidders on the paid In, from the time of re
ceipt of the i until Bonds are ready to be delivered
BONDS.
M A S O N , L E W IS & C O .,
The remaining 95% to be paid immediately after
B A N K E ItS ,
purchasers are notified that bonds are ready for de C it y of Baltim ore 3Hs.
livery.
6 7 I H ilk S t r e e t , B o s t o n ,
Checks to be made payable to order of H. S. Her N ew Y o rk C ity 4 12» & 5s.
1 7 1 L a S a lle S tr e e t, C hicago,
man, City.Treasurer of the City of Norfolk, Va.
A nd o th e r H ig h -G ra d e Securities.
OFFER FOR SALE:
The right Is reserved to reject any or all bids.
NATHANIEL BEAMAN,
, .. 3 ^ a
s ........................ .
Chairman Finance Committee Common Council. E D W A R D C. J O N E S CO . SBS ataalyttfeiLeoladfkMet ' aoCsuisntayt cy, h, UuWst aeihtst............................
...4s
...5 s
..........................
CHAS. H. CONSOLVO,
NEW
YORK
1
NASSAU
STREET.
. .6 s
S o u t h O m a h a , Nedi....................................
Chairman Finanee Committee Select Council.
...5 s
T r i n i d a d , C o l o r a d o ................................
PHILADELPHIA - 421 CHESTNUT ST.
And Other Desirable Securities.
THE
L a m p r e c h t B r o s . C o .,
State,
C e n i u r r H u ild tn g , C L E V E L A N D , O H I O ,
Whann & Schlesinger,
DEALERS IN
M U N IC IPA L , R A ILR O A D ,
S T R E E T RAILW A Y & CORPO RA TION
B O N D S.
LISTS SENT UPON REQUEST.
Informationclasses
givenofandstocks
quotations
furnished
cona
cerning
and bonds
that have
Clevelandallmarket.
County, City, School,
MUNICIPAL BONDS
Bonds.
71 BROADWAY, NEW YORK.
B R I G G S . S M I T H & C O .,
C IN C IN N ATI,
OHIO.
86(5
[V ol .
THE CHRONICLE.
L x v r i.
S t e p h e n s C o u n t y , T e x a s . — B o n d s A p p r o v e d a n d R e g is
l —T h e A tto r n e y G e n e ra l h a s re c e n tly a p p ro v e d a n d th e
C o m p t r o l l e r h a s r e g i s t e r e d $$,900 5 J 2 -4 0 -y e a r c o u r t h o u s e
fu n d in g b o n d s o f th is c o u n ty .
Tom Green County, Texas.— B o n d s A p p r o v e d a n d R e g is i< red..
T h e A tto r n e y G e n e ra l h a s re c e n tly a p p ro v e d a n d th e
C o m p t r o l l e r l i a s r e g i s t e r e d $10,00 1 0 ; 1 0 -8 0 -y e a r c o u r t - h o u s e
V a l p a r a i s o , l n t l . — B o n d O ffe r in g .— P r o p o s a l s w i l l b e r e
c e iv e d u n t i l O c t o b e r 28. 1893, f o r $ 51,000 4 i r e f u n d i n g b o n d s .
I n t e r e s t w i l l b e p a y a b l e i n C h ic a g o o r N e w Y o r k , t o s u i t
b u y e r . B o n d s w i l l b e is s u e d a s f o l lo w s ; $ 1 0 ,C’OO 10-20 y e a r s ,
$20,000 15-30 y e a r s a n d $21,000 s t r a i g h t 20 y e a r s .
W a l t o n , ( N . V .) S c h o o l D i s t r i c t . — N o B o n d E le c tio n .— I t
h a s b e e n r e p o r t e d t h a t a n e l e c t i o n w o u l d b e h e ld i n t h i s d i s
t r i c t o n O ct o b e r 31, 1898, to s u b m i t t o t h e p e o p le t h e q u e s t io n
T o p e k a , K a n .— D a te o f E le c tio n .— A c c o r d i n g t o o ffic ia l o f i s s u i n g $83,000 s c h o o l r e f u n d i n g b o n d s . U p o n i n q u i r y w e
r c j i o r t , t h e e l e c t i o n t o v o te o n t h e q u e s t io n o f is s u i n g $ 4 4 0 ,- le a r n f r o m t h e P r e s i d e n t o f t h e B o a r d o f E d u c a t i o n t h a t a l l
OdO w a t e r - w o r k s b o n d s w ill b e h e ld o n N o v e m b e r 12, 1898. b o n d s n o w t o b e is s u e d h a v e b e e n s o ld , a n d t h a t t h e r e w ill
T h e b o n d s , i f is s u e d , w ill b e i n d e n o m i n a t i o n o f n o t le s s t h a n
b e n o f u r t h e r s a le s u n t i l J u l y 1, 1899.
$10 a n d n o t m o r e t h a n $200, a n d w i l l m a t u r e i n 20 y e a r s o r
W e s t e r l y ( T o w n ) I t . I . —L o a n N e g o t ia t e d .— W e a r e a d
le s s; i n t e r e s t w ill b e a t a r a t e n o t t o e x c e e d
p a y a b l e s e m i v is e d b y T o w n T r e a s u r e r J . M . P e n d l e t o n t h a t h e h a s s o ld t o
a n n u a lly .
G e o r g e M i x t e r . B o s to n , a $35,000 n o t e o f t h e t o w n t o r u n f o r
th r e e m o n th s a t
*
T r e n t o n , S . J . — B o n d I s s u e .—I t is r e p o r t e d t h a t t h i s c i t y
is a b o u t t o i s s u e $34,950 p a v i u g b in d s , b e a r i n g -if i n t e r e s t
W h a r t o n C o u n t y , T e x . —B o n d s A p p r o v e d a n d R e g is te r e d .
— O n O c t o b e r 12. 180S, t h e A t t o r n e y G e n e r a l a p p r o v e d a n d
a n d m a t u r i n g in 10 y e a r s .
T r o y . N . Y.— P i.n it U ffr rin g .— P r o p o s a l s a r e a s k e d u n t i l 12 t h e C o m p t r o l l e r r e g i s t e r e d $37,50 > c o u r t h o u s e a n d j a i l r e
m . t o d a y ( O c to b e r 22, 1898,1 b y t h e M a y o r , C o m p t r o l l e r a n d
f u n d i n g a n d $9,500 c o u n t y b r i d g e r e f u n d i n g b o n d s o f t h i s
C h a m b e r l a i n f o r $53 000 3 ' ,'i b o n d s k n o w n a s “ P u b l i c - B u i l d c o u n t y .
i n g B o n d s o f 189?.” S e c u r i t ie s w ill b e i s s u e d i n s u c h d e n o m
W i l s o n C o u n t y , T e r m .—I s s u e o f W a r r a n t s .— I t is r e p o r t e d
i n a t i o n ( b u t n o t le s s t h a n $5,000) a s t h e b i d d e r s h a l l d e s ir e ,
t h a t w a r r a n t s t o t h e a m o u n t o f $75,00 >, m a t u r i n g i n 1902,
a n d w ill b e a r d a t e o f N o v e m b e r l . 1893; i n t e r e s t w ill b e p a y w ill b e i s s u e d f o r t h e p u r p o s e o f r e d e e m i n g t h e s a m e a m o u n t
a b l e s e u n a n n u a l l y a t t h e C i t y C h a m b e r l a i n ’s office. P r i n
of ra ilro a d -a id b o n d s o u ts ta n d in g .
c i p a l w ill m a t u r e o n N o v e m b e r 1, $10,000 y e a r l y f r o m 1909
W i n n e s h i e k C o u n t y ( P . 0 . D e c o r a h ) , I o w a . — B o n d E lec
t o 1912, in c l u s i v e , a n d $12,< 00 in 1913. B o n d s a r e i s m e d
t io n .— A t t e c o m in g e l e c tio n t h e p e o p le w i l l h e a s k e d
u n d e r C h a p t e r 670 o f L a w s o f 1892 a n d in p u r s u a n c e o f a
to v o t e u p o n t h e q u e s t io n o f i s s u i n g $75,000 c o u r t h o u s e
b o n d s,
r e s o l u t i o n o f t h e C o m m o n C o u n c il a d o p t e d O c to b e r 6, 1898,
a n d a p p r o v e d O c to b e r 13.
W o o d b u r y , N . J . — B o n d s A l r e a d y T a k e n . —T h i s c i t y is t o
T y r o n e ( B o r o u g h ) , P a . —N o P u rc h a s e to be M a d e a t P r e s is s u e $0,009 b o n d s f o r t h e p u r p o s e o f b u i l l i n g a fire e n g in e e n t.' In r e g a r d t o 't h e p r o p o s e d p u r c h a s e o f t h e T y r o n e G a s h o u s e . S e c u r i t ie s w i l l b e i n d e n o m i n a t i o n o f $1,000. d a t e d
& W a t e r P l a n t , m e n t i o n o f w h i c h w a s m a d e i n l a s t w e e k ’s N o v e m b e r 1, 1898; i n t e r e s t n o t e x c e e d in g i% w ill b a p a y a b l e
C hr on ic le , w e a r e a d v is e d b y C ity T r e a s u r e r T. J . G a t e s a n n u a l l y a t t h e C i t y T r e a s u r e r 's office. P r i n c i p a l w ill m a
t h a t n - t h i n g w ill b e d o n e a t p r e s e n t . M r. G a t e s s a y s : t u r e f t , 000 y e a r l y o n N o v e m b e r 1 f r o m 1S99 to 1901, i n c l u
“ T h e r e w a s ' s o m e a c t i o n t a k e n , b u t i t w o n 't m a t e r i a l i z e ;
siv e . W e a i e i n f o r m e d b y t h e C i t y C le r k t h a t th e s e b o n d s
fro m a ll a p p e a ra n c e s i t h a s f a lle n th r o u g h .”
w ill n o t b e a d v e r t i s e d , b u t a r e a l r e a d y s u b s c r i b e d f o r b y t h e
P l i c a , N. Y.— B o n d S a le .— O n O c t o b e r 18, 1898. t h e $ 5 ,COO W a t e r D e p a r t m e n t S i n k i n g F u n d o f t h e c i t y .
5. 1 y e a r b o n d s w e r e s o ld t o M is s A n n a S. W e l l s , U t i c a , a t
W o o s t e r , O h i o .— B o n d E le c tio n .— A t t h e g e n e r a l e l e c tio n
1 0 1 T 2 . B id s w e r e a ls o r e c e iv e d f r o m W . .T. H a y e s & S o n s, t o h e h e ld o n N o v e m b e r 8, 1898. t h e q u e s t io n o f is s u i n g
C le v e la n d , O h io ; L o u is L o m b a r d , N e w Y o r k C ity ; J . G . $25,000 e l e c t r i c - l i g h t b o n d s w i l l h e s u b m i t t e d t o a v o t e o f
t h e p e o p le .
G ib s o n , U tic a , a n d W . T . B a k e r, U tic a .
try v
5$,
IN V E S T M E N T S
IN V E S T M E N T S .
PUBLIC SECURITIES
SU ITA BLE FO B
GOVERNM ENT, m u n ic ip a
AND R A IL R O A D BONDS.
IN V E S T M E N T S .
S A V IN G S B A N K AN D T R U S T
FUNDS.
C. H. W H IT E & CO.,
L IS T S M A IL E D ON A P P L IC A T IO N .
BANKERS,
Farson,
Leach & Co.
C H IC A G O ,
1 0 0 D e a rb o rn S t.
NEW Y O RK
3 5 N rmhuu S t .
T R O W B R ID G E ,
Ma c D onald
& Niver
M U N IC IP A L
1 st N at. B a n k B ld g .
C o.
BONDS,
- - CHICAGO
*
M
171
u n ic ip a l
LA
B
SALLE
onds
,
STREET
CHICAGO._____
W e s te rn M o rtg ag e
OR O T T A W A , K A N S A S .
O ners S p e c i a l F a d l i t ie s f o r t l i a care a n d c o lle c
tio n o f th e S e c u ritie s o f t h e
NEW
AGENTS FOR T H E
A N G L O -A M E R I C A N R A N K , L td .,
C h a r i n g Cross , L o n d o n ,
I n d iv id u a l A c co u n ts re c e iv e d su b je c t
to ch eck a t s ig h t in L ondon.
C ab le T ra n s fe rs .
M U N IC IP A L BONDS.
STANW OOD & Co.
E. C .
M U N IC IP A L
BONDS.
S e c u ritie s N e ttin g fro m
8*4
to 6g
A L W A Y S ON H A N D .
Send f o r o u r In v e s tm e n t C irc u la r.
D U K E M. F A R S O N . Banker.
1 S ‘2 D e a r b o r n S t r e e t
C H IC A G O .
M in lc ip a l Bonds.
W A SH INGTON
State W a rra n ts,
William E. Nichols,
-
E N G L A N D LO A N
& T R U S T CO .
H a v e re c e iv e d f o r c o lle c tio n a b o u t $ 2 ,0 ^ .0 0 0 o f
th e s e c u ritie s o f th e fo l'o w in g c o m p a n ie s : E q u it a
b le M o rtg a g e , L o m b a rd . W e s te rn F a rm M o rtg a g e ,
and J a r v is C o n k lin . S e n d f o r c i r c u l a r g iv in g d e
ta ile d s ta te m e n t or w h a t w e h a v e a c c o m p lis h e d .
iI m p o r te r s ’ & T ra d e rs ' N a t. B a n k ,
R eferences :
N e w v o r k C ity .
( M e rc a n tile T r u s t Co., B o s to n , M ass,
a n d m a n y o th e rs H a st a n d W e st.
121 Devonshire Street,
BOSTON.
15 W A L L S T R E E T ,
Loans,
THE R. J. WADDELL
INVESTMENT COMPANY,
31 N A SSA U S T ., N E W Y O K E .
BANKERS,
F. R. F U L T O N & CO.,
L o c a te d In th e W e s t sin c e l S T i i ,
and h a v in g b a d la rg e e x p e rie n c e in
l
To N et 6%.
NEW YO RK
C A L V I N P H ILIP S ,
M U N IC IP A L W A R R / ^ T S ,
TACOMA,
W A S H IN G T O N .
M. A. Devitt & Co.,
SEND FO B LISTS'
S. A . K E A N ,
M U N IC IP A L B O N D S ,
CHO ICE M U N IC IP A L BONDS
from SOUTHERN & WESTERN states,
M U N IC IPA L AND O T H E R
SE C U R IT IE S ,
1 3 2 L a S a l l e S t r e e t , C h ic a g o ,
F irst N a tion a l B a n k B u ildin g;
C H IC A G O .
Blodget, M erritt & Co.,
BANKERS,
16 C o n g re s s 8treet, Boston
STA TE, C IT
& R A ILR O A D BOND is
y ield in g 4 to 5 % % .
R O SE N B E R G E R & LIV ER M O R E,
F o r ty W a l l S tr e e t. N ew Y o rk .
W. D. Van Vleck,
35 NASSAU ST R E E T ,
- - NEW YORK
M U N IC IP A L BONDS.
C H R O N IC L E V O LD M E8 F O R SAKE.
W IL L IA M
B. D A N A C O M P A N Y ,
P in e 81.,N Y
B A N K lilt !* ,
IX
W ALL
STREET,
NEW
YO R K
K a t a b l l a h . i l 1-VU5.
VI MURKS OF NEW YORK STOCK EXCHANGE
Allow In te re st on deposits su b ject to sight, oheo*
Buy aud Bell on commission stocks and bonds eltha*
for cash or on m argin, and deai in
I n v e s tm e n t S e c u ritie s .
H . J . M o u se . C u a s . D. M a r v in , w . m .K id d e r
@FedFRASER