Full text of Commercial and Financial Chronicle : October 23, 1897, Vol. 65, No. 1687

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

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Quotation Supplement (Mmutf Street Kailway Supplement (q^
investors Supplement (cm ) State and City Supplement (s mAn
«\y
e s n^
[E ntered acoordlnic to .\ot o f Oongrasj, in the year 1897, b y the WTlllah B. D ana Co m p a n t , In the office o f the L ibrarian o f Congress.)

VOL, 65.

SATURDAY, OCTOBER 23, 1897.

Chronicle.
PU B LISH E D W E E K L Y .

NO. 1,687
Week ending October IS.

UUarin#t at -

1807.

890.

1805.

1894.

709,a \8$0
W
N Yor*........
ew
-486.9X8.8W
6
P
hiladelphia, .....
70.1*8.003
94.3,7.828
F or One Year........................... ..................................................$10 CO
ld.510.3dfl
13,81U
.012
Pittsburg..........
48,404,893
lT.ao.oyi
For Six Month*..........................................................................
0 00
t Baltim
ore.... .....
13.171.578
4.7581,518 lt x
Buffalo............
European Subscription (tnotwltm? p osta g e).............. ; ___ 12 00
4,616.988
2,Oo7.65y
0-4
Washington..., .
1.7n2,778European Subscription Six Month* (Including posta ge). 7 OO
1.0*9,453
S3
■Rochester..........
1,474,081
Annual SubACriptloa in L oudon (including p osta g e)___* 2 10s.
!.• §0,000
l,U4 1,337
I Syracuse...........
1,176,188
Six Mos.
do.
do.
do.
___ £ 1 10a.
» X 100
871,114
S ton............
cran
7m,7G
O
+141
7SS.SS1
The Investor *' S u pplem en t will bo tarnished without extra charge W ington
ilm
379,930
-H as
371,10b
inghamtoo......
to every gabeortber o f the Co m m e r c ia l and F jS amcia J, C h ronicle . B
674,653,59- +30 8
Total Middle....
T he S tate \ si> Oitv uci' i- i. kmkst w ill also bo furnished without
*?SaY«5,lS8.
extra charge to ev ery subscriber o f the OttitovtOLB.
108,305,073
The S tre et R a I l w a v SUPPLEMENT w ill likew ise b o furnished with­ Boston...,. ... ...
am tjm
P
rovidence.
out extra charge to every subscriber o f the On KOtRCLBHartford... ......
The Q uotation S o m n i W r . iaaued m onthly, w ill also be tarnished N H
1.785.760
ew aven........
14*0,4*
0
without extra charge to every subscriber o f tbe C h ronicle .
Springfield. ......
1,74b. 105
orcester..........
PlXe covers holding s ix m onths' issues or special ale covers for Sup­ W
1,510.l87
Portland,..........
plem ent* are sold at 50 cent* e a c h ; postage on the same Is 18 cents.
■
F Hirer,......
all
726.511
Terms o f Advertising—* I’ or inch space).
Lowell.............
N Bedford......
ew
____4*2.044
One tim e ................................. $3 50 l Three Months (13 time*). .$25 OO
116.087,082
S»,50l,8«»
Total N B
ew ug.. 110,105.757 ’mXtH.t'.t,
One Month
(1 tim es).. I l 0 0 Sk* M onths
'20 ■ >.. 13 00
'
T w o Months
(8
•' ).. 18 00 1T w elve M onths (52 **
58 00 C
10 % U B 902
+16'8
90.021.810
90,2(8.261
hicago....... .....
13,303,* 50
aaU..........
12,810,700
(The a bove terms for on e month and upward are fo r standing cards.) Clncm
0.«h».f
374.13.'
7.620 idt
6.7- o.osir
Detroit............
C ,?0
6 917.476
6 sia.usb
London Agents:
Cleveland-........
m
0.5586,0:3
6,173.680
4,t69 628
M aukee.........
ilw
Messrs. E dw ards * SuiTH. 1 Drapers’ Hardens. E. C.. w ill take sub­ Colum
3.000,000
+ 12*7
3.862 800
bus.........
2.607 Y33
+30 i
scriptions and advertisem ents, and supply single copies o f tbe paper IndlaoapoU ...m
*
+1 0
7
1,811,211
at Is. each.
Peoria.
1.715,104
1,384.960
Toledo.,--.. .
W i l l L I A H It. D m
c o r n * IN Y , P u b l i s h e r s ,
028.035
000,601
880.359
G d R id
ran ap s
0H>000
Dayton.......... ...
P in e s t r e e t . C o r n e r o f P e a r l S tre e t,
+7i
411 013
400,096
Lexington.........
+132
P o st o w e s B o x 958.
n e w y o k e .
28*,??$
398,605
309.680
Saginaw.............
214 6?ft
Kaiam&soo........
711-1
Utlio
237,788
Akron...............
+27*8
288.634
< u y*i
829 392
B City....... .
ay
+0T
221
Kia 90
176,715
C L E A R IN G H OUSE RETURNS.
Rockford.... ......
107,037
+l«*i
M l 007
174,089
S gfield, O
prin
hio..
-10 7
al8,oaa
Iti.lfe
181,018
The follow ing table, made op by telegraph, etc., indicates Canton............. .
257,076
Youngstown*......
that the total bank clearings of a ll the clearing houses Tot. M Weit’r 148.3^.715 127.12e.071 +i«*7 142,483,241 128,273,080
id.
o f the United States for the week ending to-day, Oct. 23, S Francisco...... lfl.017,270
15.861.07:$
an
1,000 010
1,100.000
have been $1,304,74),542, against $1,332,732,835 last week and Salt Lake City......
2.031 705
1,192.170
Portland............
1.483.607
1.2l»w 931
L Angeles........
os
|t,019,31),705 the corresponding week of last year.
778,625
025.221
Tacoma..,.
520,002
Seattle.......... ...
485,782
Spokane,..,,
Wt4k Mmtins (Maim S L
S
CLEAR l N 8.
O
170.781
Fargo........
78,52.4
83.070
Returns ftp JmgrapK
x
Per Oent. Stou Falls.
1898.
1897.
+ 23 1 21,337,800
Total Pacifio.... ~l77Ti705 "
+35*7
S s * York..............................
«<M0.8«8,O5*
*472,081,545
10.835,688
12.001,778
10,665 600 +12 7 12.209 596
K
ansas City.......
Boston---- ---------------------—
+10*5 M
8+501.152
75.954.157
9,119,40*8
13 133,441
11,247.614 4-10$ ll.o7l.H0
inneapolis...... .
5,110.6754.302,100
8.927 331 +01 1
+ 100 Omaha..... ......
nuiiMloIpMo...........................
57,780.797
48.445,859
+3 2
4.W70.197
5.607
34- 5.442 0&
tl
6,173.304
St. Paul....,...,,.,
+21*7
B »ltlm or»............. ............. ....
13.883.669
11,391,816
2,861.790
2.695.975
2.878 803
2,222.351 +20 6
Denver,...
+83'fl
1.567,702
464,657
008,015
+13*5 Davenport...,,
ChI'-»«o ................... ....... .....
88.500,005
77,953.489
+15 5
1,453 820
1,380,376
Mia.aoo
+•36-7 St. Joseph ......
28.501.388
+82 8
8*. L o a i«.................... - ........
19,399,879
1,130,10(5
1,087.230
1,03<»,O
00
D M
es oines........
021,931
709,095005 5C
fl
637,003 +680
-9 -7 Sioux City.......
8,150,524
Now Orloano. . . . __________
7,363,836
+94 ?
3i 1 20i
254 224
402.507
252.943
Lincoln..............
374 35»
322.374 +23 3
307.085
+29*2 W
$714,309,479
S«T«n cJUos, S d * y ».........
*933,177,961
ichita.............
602 378
786.725
391.319 +lul 0
+ 206 Topeka............ .
183,408.204
+60 0
Other eltieo. S itoy ,...............
135.499.947
.53J-M
7
98 881
61.749
Fremont............
72 36^.
+469
76,040
80,79)
118.810
+27*9 Hastings............
*349,869,426
Tot»l »ll e!H*4, 5 ibty* ... *1.086,846,225
+21*3
37,489,447
42,761,507
37,603.039
45,624,304
Tot, other W
est
+ 28-7
169,461,279
hit «Ul©*, 1 iUy................. —
318.094.317
+28-2
27.052,150
20,023 >80
+28*0 St, Louis............
-210 16.! 76.479
Total ail eltioi) for wewk
JL30t.740.542 T l , 019,330,705
7.505,887
N Orleans......,,
ew
0,227,144
6.9+I.N5 +1+9
6,870.216
Louisville...,.......
-7 7
4,254.747
3,537,200
3,2^.000
The fall details o f clearings for the week covered by the Galveston...........
2T
&,e2i 202
3.010.9U0 — <H
2.042.5 6
Houston..........
+?■$
4.437,784
J.040.023
4,36+071
above statement wiil be given next Saturday. W e cannot, Savannah.......
2,653.3*.2
2,159.729
2.210.52$
R
ichm
ond...... .
-5*0
2.005,261
of oourse, furnish them to-day, bank clearings being made M phis.......... .
2,403,030
2.854.213
em
2,034.885
+1*3
1,806.572
l,H4l,C04
Atlanta,........ ....
up by the various clearing houses at noon on Saturday, and Dallas,t. .......... .
052,866.
J,052.547
904.503
N
ashville.. .......
hence in the above the last twenty-four hours o f the week Norfolk............
l.O hA
O rO
1,10.* ,371*
1,132.141
1.34 ,387
773,555
Waco.......... .
have to be in all case* estimated, as we go to press Friday night. F Worth...,....S ;»
739 738
OA w
u f.C U +37+
800 600
ort
707.43C*
1.02+350
+0‘4
1.152.777
1.226-061
We present below our usual detailed figures for the pre­ Augusta....... . ...
440,91ft
4t *
i
638,733
440.750
472.1'fl
irm
ingham
......
409,6'2
360.205 +10*7
405,797
vious week, covering the returns for the period ending with Bnoxville...........
K
3 f ,720
332,070 +27*1
422.472
Saturday noon, October 16, and the results for the corres­ Little Rock.......
-37*2
260,304
274.160
172 85y
262,820
255,000 -dd?*!
231.611
ponding week in 1896, 1895 and 1894 are also given. Con­ Jacksonville..., ...
Chattanooga..,....,
01,457,514
■W IPH * 62,984,(574
trasted with the preceding week, there is an increase in the Total Southern.. "677803008
aggregate exchanges o f about sixteen and a half million dol­ Total all......
1.161,174,106 938,^0.488^
1,330,762,885 1.032,147.426
lars, but at New York alone the gain is twenty-eight millions.
* m 4 0 1 .n 0 ~45L587,69ft
O
utside N York. -m m m “459^80.218
.
In comparison with the week of 1898 the total for the whole
11 172,524
12 269.585
+29 9
Montreal............ 14,250,1
country shows an increase o f 28’9 per cent. Compared with Toronto....... .
0,021.718
5,600,32ft
+27-2
8,372.082
1,283.268
1,219 32ft
+ 16 4
the week of 1895 the current returns record a gain of 14-0 H
1.110.701
1,202,611
alifax.
1,005,016
1.421.336
*1
1,458*171 + 100
lnnlpee...........
p<-r cent, and the excess over 1894 is 41*8 per oent. Outside W
830,197
713,08ft
704.201
687,730
Hamilton....,
605279
of New York the excess over 1896 is 15'B per cent. The S John.........
+!■?
573.8 8
t..
?
O
28.102.120 ~~2Ti(UJ B -cat1 Wym/r'? gOsalfljfeTotal Canada...
Increase over 1895 reaches 0'6 per cent, and making onmpari-or. with ls « i t-,« gam is seen to oe 17 0 per oent.
' N tn lei! la total,. VTobllcaU dl««Btlnue*l t o r the p
ot oiw
ou
ragou
t.

Terms o f Subscription—Payable ia Advance :

m

tsaa £ »
n

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*#«

+
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762

THE

C H R O N IC L E .

THE FINANCIAL SITUATION.
Some relief has been felt over the final position
Great Britain has taken with reference to silver,
Lord Salisbury having closed his negotiations with our
Commissioners this week so far as to say that at pres­
ent “ he does not see the desirability of an inter­
national monetary conference.” At the same time the
future attitude of that Government with reference to
the subject appears still to be a little doubtful, while
the wording of the reply is singularly unfortunate in
assuming substantially that what usually goes by the
name of bi-metallism is synonymous with the other
current expression, “ enlarging the use of silver.”
The two have no relation whatever to each other when
international bi-metallism is the matter under discus­
sion. One means an arrangement which would bind the
commercial nations of the world to fix a par of ex­
change for gold and silver and open their mints to the
free coinage of both metals at that ratio. The other
defines merely what the Bank of England proposed to
do in the present case; to make a small purchase of
silver, in character and influence similar to the trans­
actions under our 1890 silver-purchase law— an opera­
tion which would discredit rather than aid the effort
towards an international union. That is to say, the
former is an attempt through general free-coinage to
impart stability to silver, which if attained would be
of incalculable benefit to commerce; the latter is a
device for using the name of the Bank to encourage
a speculation in silver which would simply disturb
commerce and end in a disaster to a multitude of
people and interests.
Ic has been because of this unhappy method, which
the Government has adopted on this occasion, of
dealing with the subject if it was to be dealt with at
all, that we have felt the agitation to be such a serious
mistake. Had Lord Salisbury been seeking to bring
Great Britain’s currency in a direct way upon a gold
and silver basis, the proposition would have been an
open and an intelligible one. We are not urging
that he would be in that case trying a wise
experiment, but only that he would be engaged in
one we could afford to see tried and to wait while
the people of the United Kingdom settled the details
among themselves. In case that country showed itself
ready to make the venture, no doubt the leading powers
in the commercial world, including this country, would
be willing to join with it. But to have Lord Salisbury
exhibit a disposition at this late day in the demonetiza­
tion movement to encourage the nations to set in opera­
tion a kind of arrangement which we, after intense suf­
fering, have just contrived to get out of, and to put the
United States adrift in an especially leaky boat with
France to abide the issue, is an aspect of the silver
question which our people are hardly ready for. The
world looked with confidence to Great Britain for
conservatism in currency matters and consequently
for protection from wild currency schemes. We may
add that it would be of no essential service to put
India into the boat with France and this country.
That act would be desirable from the speculators’
point of view ; it would lengthen the life of the specu­
lation and make the final catastrophe just so much the
more disastrous; but it would not help in any degree to
put stability into the value of silver.
There seem to be efforts making on both sides of
the Atlantic to prevent the movement of gold to the
United 'States.
Special circumstances aiding these

[V L LiV,
O.

efforts are the easier condition of the money market
prevailing here and the fact, as matters stand, that we
have no real need for gold, the Treasury and the
banks having for the time being an ov r-supply of the
metal. At the moment too rates of interest have,
as stated, declined and are declining. This is
due to a cessation in the movement of cur­
rency to the interior, to a net outflow of funds
from the Treasury into the banks caused by the
deficient revenue, and to
the late arrivals of
gold. Whether this condition of ease in money is to
last long is a question not wholly free from doubt.
The doubt mainly grows out of the transfers of cash
which will be required in making the payment to the
Government of the purchase price for the Union
Pacific. A condition of the sale fixed by the decree
of the Court will help to minimize this feature :
it is that the payment is not to be made at
once but by instalments— twenty-five per cent of
the amount remaining due on said bid (that is
remaining due after the deduction of 15 per cent)
shall be paid within thirty days after the confirmation
of the sale; a further twenty-five per cent within
forty days after such confirmation; a further twentyfive per cent within fifty days after such confirma­
tion, and a further twenty-five per cent within sixty
days after such confirmation.
It will be seen that this method of settlement indi­
cates the disposition to do everything that can be done
to avoid disturbing the money market. But after all,
the condition remains that of the $50,000,000, the
minimum bid which can be accepted, something like
$20,000,000, less the deficits of Government revenue
which may accrue after the payments begin to be
made, will remain in the United States Treasury when
the payments have been completed. What import­
ance as a factor in the money market this condition
will have must depend upon various circumstances;
among these are the movements of currency to the
South after the yellow fever has been checked by frost;
the Government revenue subsequent to the first of
January; and the extent of the return movement of
currency from the interior in the fall and winter
months, which latter mast be contingent in good meas­
ure upon the development of general business activ­
ity.
In the meantime, as already said, efforts are
making on both sides of the Atlantic to prevent
the movement of gold to the United States. So far
as Europe is concerned this is obvious in the advance
in the price of American Eagles and gold bars; also in
the official money rates, and likewise in the efforts of
the Bank of England to put up the outside rate for
money by large borrowings from the market. Just
what else is being done in London and Berlin and
what is being done in New York in the same
interest are matters less open and more difficult to
state with certainty.
Some banks report that
very considerable amounts of sterling exchange have
been loaned on by them within the last few days. Some
exchange bankers say there is but very little in this
report. A t first they claimed there was nothing; now
they admit there is something. Since exchange is as
good a collateral as the banks can have, since cur­
rency from the interior is now tending decidedly to­
ward this centre, indicating for a time at least lower
rates for money, and since cotton, wheat and other
bills are in some way being taken off the exchange
market so as not to influence the exchange rates, it

O t b r2 1
coe 3

THE

THHONICLE.

763

seems quite probable that this kind of business is in j 2%. The movement of currency towards this centre
this week has been chiefly from near-by points, and the
progress.
In reviewing the report of the Rio Grande Western outflow has been small to the West and South. Many
last week we referred to the great improvement in the o f the Southern banks continue to pay off their indebt­
earnings of the road, both gross and net, which had edness before maturity. Banks and trust companies
taken place since the close of the fiscal year. The quote 24 per cent as the minimum. The offerings of
fruits of this improvement are seen in the action money on time are liberal, with a light inquiry, and
of the directors this week in deciding to re­ rates are 3 per cent for sixty to ninety days, 3J- per
sume the payment of cash dividends on the preferred cent for four to five and 4 per cent for six to eight
stock.
As usual, the course of the management months, on good Stock Exchange collateral. One of
is marked by commendable conservatism. It will be the largest banks reports purchases of choice singleremembered that in making a payment of 4 per cent j name short paper this week for the account of a prom­
on the preferred stock in August the dividend was; inent Chicago bank, some of which was obtained at 3 f
The city
paid in stock rather than in cash. ■ In the same way per cent but the bulk of it at 4.
in resuming cash payments now the company begins j hanks are buying all the paper that is offered and
in a small way, making the dividend only three- the supply is not equal to the demand. Quotations
quarters of one per cent.
The distribution is I are 4@4I per cent <or sixty to ninety-day endorsed
Intended to be a quarterly one, and like amounts i bills receivable, 4)r@o per cent for prime and 5@5£
will be distributed in succeeding quarters. In adopt- j per cent for good four to six months single names.
ing this rule the company is basing the dividends on j Many of the banks are paying their Clearing House
what the income returns show has been earned for the j balances in gold and some are supplying their custo­
stock thus far in the fiscal year. According to the i mers with gold for the payment of duties. The metal
A uditor’s figures (partly estimated) the net earn­ which has been received this week from Europe has
ings for the September quarter will be $350,100, j gone either into bank vaults or into the Clearing
whereas the charges for the same three months j House vault, the Treasury declining to exchange legal
wore only $182,482, leaving a balance of $187,618, or 1tenders for gold and receiving it only for transfers of
not far from 3 per cent on the total of pre- j currency to interior points,
ferred stock outstanding. The preferred stock is
The Bank of England minimum rate of discount
entitled altogether to 5 per cent, and it is the remains unchanged at 3 per cent. The cable reports
opinion of the management that the rest of discounts of sixty to ninety day bank bills in London
the fiscal year will show more than enough addition to 2§d 2J per cent. Large amounts have been borrowed
the surplus to make up the remaining two per cent. by the Bank of England in the open market this week,
Should this prospect be realized, it will be the policy and the effect has become obvious in higher discount
of the management to divide the additional two per rates. The open market rate at Paris is 2 per cent,
cent in the form of extra dividends at the end of each at Berlin it is 4| per cent and at Frankfort4J percent.
According to our special cable from London the Bank of
six-months period.
The annual report of the Western New York & England lost £141,359 bullion during the week and
Pennsylvania has been issued this week. The com­ held £31,855,669 at the close of the week. Our cor­
pany makes a satisfactory showing for a year of de­ respondent further advises ns that the loss was due to
pression in business. As illustrating the extent to the receipt of £86,000 net from the interior of Great
which the road suffered from the adverse condi­ Britain and to the export of £227,000, of which £120,tions ruling, we may note that the number of 000 were to Germany. £87,000 to the United States
passengers carried decreased from 1,504,631 to and £20,000 to Malta.
The foreign exchange market has been dull, gen­
1,371,426 and the number of tons of freight from
4,124,395 to 3,618,853 and that there is not a erally steady, and without important feature during
single item of freight that does not show a fall­ the week. It is reported that there has been some
ing off.
As a result gross earnings diminished buying of stocks for European account and that
$231,256 and net earnings $10,291. The company had moderate amounts of securities have been shipped
increased interest charges to meet to the extent of abroad, but the exchange market has not indicated
$175,000 on the general mortgage bonds, and in offerings ol security hills, The supply of cotton and
face of the loss in earnings was able to provide for the grain drafts has been small, while the demand for
same in full and carry forward a surplus balance remittance has only been moderate. It was reported
of $126,250 on the operations of the twelve months. on Wednesday that seventy-day long sterling had
The current fiscal year the requirements for interest been bought and borrowed upon here preparatory
on the general mortgage will he still larger b y $75,000, to being forwarded to London for discount and
these bonds now bearing 3 per cent interest, but it it was supposed that this sterling was purchased
will be observed that even on the basis of last year's to cover the importation of 82,207,047 gold which ar­
results the company would have no difficulty in meeting rived at San Francisco on Thursday from Sydney, N.
the additional sum. As a matter of fact, however, the 8. W. It was also reported that comparatively large,
company’s revenues are now improving, and the pros­ amounts of ninety-day hills had been drawn and pledged
pect is for a much better showing in 1897-8 than for as collateral with one or more of the trust companies,
1896-7. The hooks and accounts of the company for and with some of the hanks, the intention being to
the last two years have been examined by public hold the bills until they ran to sight, as was done early
accountants in Philadelphia, who certify to the cor- in the year, to take advantage of the low rates for
reetne.-- of the same, and state that the system em­ money in this market and expected higher discounts
ployed in keeping the books is in accordance with the in London. Bankers in exchange circles were inclined
to doubt that this operation had been made to any
heat-known methods.
Mom v on call, representing hankers’ balances, has large extent, and some even that it had been done
loaned at 2 and at 2§ per cent this week, averaging at all, though they regarded it as probable

THE

754

fV L LXV.
O.

CH R O N IC LE ,

that it might be profitable later in the sea­
son. They expressed the opinion that the report
was based upon the negotiation of the seventy-day
bills above referred to. The arrivals of gold from
Europe since last Friday were $150,000 on Saturday to
the City Bank and $1,500,000 on Monday to hazard
Freretf, making '$8,500,000 since the first arrival on
September 30. There is now no gold in transit from
Europe, except £87,000 our correspondent cables us
was withdrawn this week. Owing to the high price of
gold bars in London, 78 shillings, and of American
Eagles, 7G shillings 7 to 7| pence, it is expected that
shipments to New York will not be resumed for the
present, and not until sight exchange declines so as
to make the operation profitable. The range for nom­
inal rates of exchange was from 4 82-£ to 4 83|
for sixty day and from 4 85 to 4 85£ for sight
on Monday, and there was no change in rates
for actual business compared with the close on
Friday of last week, these remaining at 4 82 @
4 82£ for long, 4 84^ @ 4 84| for short and 4 84|@
4 85 for cable transfers. The tone was steady and the
market was dull. On Tuesday the range for nominal
rates was from 4 82£ to 4 83 for sixty-day and from
4 85 to 4 854 for sight, and there was no change
thereafter in these rates, and none in rates for ac­
tual business until yesterday when there was an ad­
vance of one-quarter of a cent in the rate for sixtyday bills and sight and one-half a cent in the rate for
cable transfers. The following shows daily posted
rates for exchange by some of the leading drawers.

1897.----------------- ,
Imports.
Excess.
*
*
1,227
—1,133
1.184
-1,190
347
—3*4
344
-344
434
-434

Exports.
G old In O re. *
Jan.-March.
89
Apl.-June...
4
July............
3
August......
....
September..
96
Total. ...
s i l v e r in O re.
Jan.-March.
247
Apl.-June...
12
J uly............
August. -.
September..
....

3.536

—3,440

114

1,360

-1 ,246

-4,747
—3,621
—1.6S2
—1,563
-2,225

191
146
34
25
169

4,291
4.559
1.804
1,350
1,239

-4.100
-4,413
—1,770
-1.325
—1,000

10.097 -1--5,838

565

13,212

-12,67 7

• H
- ’xce^a of evoorr.s

— Excess of imports.

We subjoin the totals for merchandise, gold and
silver for the nine months since January 1 for six years.
(40 LD.

Me r c h a n d i s e ,

Nine
Mos.

Excess
E x­
Exports. Imports.
of
ports.
Exports

1
i
18 97. 746.388 588.749
666,062 522.088
18 96.
1 8 9 5 . 557,927 601,043
1894. 576,618 503,590
1 8 9 3 . 603,222 625,325
1 8 9 2 6 6 5 310 636,106
• Excess o f imports

MON..

TU *S..

Brow n B ros........ (6 0 days,
i Sight...
Baring,
S 60 days.
M aguun & C o.. { S i g h t - ..
Bank British
J 6 0 days.
N o. A m e rica .. J Sight...
Bank o f
(6 0 days.
M o n tr e a l......... (S igh t...
Canadian Bank J 60 days.
o f C om m erce.. } S igh t....
H etdelbach, Ick - ) 6 0 days
elh eim er & Co. Sight..
i 60 days
Lazard F reres... ' Sight..
M erch ants’ Bk. ) 60 days.
of Canada..
' Siehr

82*
85*
83 *
65*
83
85*

es*

85*
83
85
83
ss*
ts

85
83
86

85*
68*
86*
83
86}«
63
85*
H
3
85
83
86*
83

85*
83
85*

.

TVs;*
T flF R .,
Oct. 20. Oct. 21.

82*
85*
83
85*
83
85*
83
86*
83
85
83
85*
83
65*

82*
85*
83
86*
83
86*
83
8 t*
83
85
83
65*
83

82*
85*
83
85*
83
85*
83
85*
83
85
83
85*
83

83
85*

83
85*

85*

85*

85*
83

Fri .
Oct. 22
82*
86*
S3
85*
93
85*
83
86*
83
86
83
«5 *

83
05*
83
85*

The market was strong on Friday, with the range
for nominal rates 4 82| @ 4 83 for sixty day and 4 85 to
4 85| for sight. Rates for actual business were 4 82|@ 4 82£ for long, 4 8 4 f@ 4 85 for short and 4 85^@4 85£
for cable transfers. Prime commercial bills were 4 81f
@ 4 82 and documentary 4 81£@ 4 81+ The Bureau of
Statistics at Washington has this week issued the
statement of the country’s foreign trado for Septem­
ber, and we give the figures below in our usual form.
F oreign T ra d e Movem ent o p th e U nited States .
In the following tables three ciphers (000) are In all cases omitted.
/ . -----1 8 9 6 .- Exports. Imports.
Excess.
Exports. Imports.
D lerch 'd iae. f
1
1
«
t
»
Jan.-March. ‘261.027 1S6.913 4 7 4.084 . 440.240 197,581 +44.005
Apl.-June... 448,738 465,804 -37,128
4 0 4,300 174,071 + 3 4 292
July...........
71.109
53.789 4-17.320
67,718
54,109 + 15.C09
August......
80.825
39.743 +41,082
68.001
49,468 + 19,133
September.. 104.691
14.410 464,281
85.131
50,856 +34,275
Total...... 746,388 5SS.710 + 1 3 7,639
666,002
068+143,914
G old.
Jan.-March.
1,281
1,983
-705
13.135
44,004
-9,469
*43,721
Apl.-June...
1.831 +41,890
40,801
4,503 +47.238
July...........
5.461
592
+4.809
11.908
1,500 +10.402
August----1.983
4.374
-4.391
1.970
4,057
-4,097
September..
65
4.244
-4,189
01
34,159 —34,098
Total......
34,501
13.027 + 19.474
56.876
64,899
-8,014
S liv e r .
Jam-March.
13,574
4,121 + 11,453
15.280
3,823 +11,467
Apl.-June...
14.321
4.300 +14,021
14,047
4.122 + 14.525
July...........
4.705
1.012
+3.093
5.738
839
+4,899
August......
5.164
1.491
+3.073
5,270
929
+4,347
4,573
September..
047
+3,928
5.534
742
+4,792
Total......
44,337
7,671 +31,705
46,175
8,455 + 38.020

$
16.034
*9,260
43.371
73,273
10,318
51,815

»
10,563
66.249
30.146
17.219
65,961
10.214

«
*
1
42,520 23,688 18.928
47.040 21.607,25.343
38.705 1 7,109 21,656
35,536 13.026 22,510
3 3 ,»1P 1 5 J06 18.413
*23.858 13.086 1 0,172

In the last table gold and silver in ore for 1894, 1895,
1896 and 1897 are given under the heads respectively
of gold and silver; for the other years both are included
in the merchandise figures.
The following statement gives the week’s movements
of money to and from the interior by the N . Y . banks..
Week Ending October 32,1897.

Received by Shipped by
iV, Y. Banks. N. Y. Banks.
$5,029,000
1,133,000

Total gold and legal tenders___
F r i ..

SIDVBB.
Excess
Ex­
Im­ Excess
of
ports. ports. of Ex­
Exports
ports.

Im­
ports.

%
t
157639 32.597
56,939
1439 4
*43.110 7 3 51'
73.023 90,5:32
*•22,103 7 6,279
29.204 62.029

DAILT POSTED BATES FOB FOREION EXCHANGE.

Oct. 15. Oct. 18. Oct. 19

Excess
• ■
?
—328
-394
—130
-230
—165

4.994
5.633
1,683
1,503
2,225

259

Total____

,---------------- 1896.
Exports. Imports.
$
8
30
858
26
420
103
24
2
232
32
187

Net Interior
Movement.

$3,579,000 Gain.$l,450,000
322,000 Gain.
811,000

$6,162,000 $3,901,000 Gain.$2,261,000

With the Sub-Treasury operations and gold imports
the result is as follows.
Into
Banks.

Week Ending October 22, 1897.

Out of
B inks.

Net Change in
Bank Holdings.

Banks’ interior movement,as above $6,162,000 $3,901,000 Gain.42,261.030
Sub-Treas. oper. and gold imports.. 18,100,000 13,500,000 Gain. 4,600,000
Total gold and legal tenders...... $24,262,000 $17,401,000 Gain $6,861,000

The following table indicates the amount of bullion
in the principal European banks this week and at the
corresponding date last year.
October 21,1897.
Bank of
England.......
France.... ..
Germany......
Aust.-Hung’y
Spain............
Netherlands.
Nat.Belgium.

Gold.

Silver.

£
£
31,855,069
78,425,160 48,288.150
25.471.000 13,121.000
38,254,000 12,430,000
9,028,000 10,460,000
2,630,000 6,704.000
2,753,333 1,376,667

October 22, 1890.
Total.

£
31,855,009
126,713,316
38,592,000
50,684,000
19,488.000
9,334,000
4,130,000

Gold.

Silver.

lotal.

£
£
£
36,099,173
36,099,178
77,721,669 49,255,100 120,970.700
27,868,000 14,209.000 42,077,000
30,616,000 12,095,000 43,811.000
8,528,( 00 10,160.000 18/88,000
2,635,000 6,728,000 9,303,000
2,040,000 1.323,000 3,909,000

Tot.this week 189,417,168 92.379,817 280,796.985 186,113,84? 94.370,DO 280,483.947
Tot.prev.w’k 188,018,117 91,930,090 279,998.213 187,287.795 93.973,443 281,261,238

THE FOUNDER

OF THE
SYSTEM.

VANDERB1L1

The speech which Chauncey M. Depew delivered at
Nashville last week on the life and career of Commo­
dore Cornelius Vanderbilt was an interesting and dis­
criminating tribute to a man whose name will always
remain associated with the early transportation history
of the United States, and who exercised a most potent
influence upon the railroad and financial interests of
the times in which he lived. The speech was de­
livered on the grounds of the Tennessee Centennial
Exposition, a very creditable undertaking, and the
occasion for it was the celebration of the founding of
Vanderbilt University, which was established.through
the generosity of the old Commodore and is consid-

October 23, 1897,j

THE CHRONICLE.

755

ered the greatest educational institution in the South victorious, making the trip in the shortest time ever
A feature of the observance was the unveiling of a made by any European or American vessel up to that
heroic bronze statue of the Commodore, presented to period.
Mr. Depew says that the most extraordinary thing
the University by the citizens of Nashville. The ex­
ercises were in every way worthy of the occasion, the connected with the career of Cornelius Vanderbilt is
opening address being delivered by Major J. W. that his best work and greatest achievements were
Thomas, the President of the Exposition, himself a accomplished after he bad passed the Psalmist's limit
of three score and ten. He was worth $20,000,000 at
railroad man of note and distinction.
It would be difficult to exaggerate the part played 10, and added 180,000,000 during the next twelve
by Commodore Vanderbilt in the development of the years. This money he made in the railroad field. It
transportation interests of the country or in the de­ certainly is a very remarkable thing for a man at 69 to
velopment of the country itself. If one takes a sur enter upon gigantic new undertakings such as marked
vey of his life from beginning to end one finds that he the Commodore’s entry into the railroad domain.
was engaged all the time in the transportation busi­ There is this to he said, however, that he still re­
ness and that his advent into any branch of this busi­ mained in the transportation business, of which, as
ness was invariably marked by a material cheapening we have seen, he was complete master—he merely
o f transportation charges to the public. Indeed, that changed from one branch to another—from water
seems to have been the controlling purpose in all his transportation to rail transportation. He made this
ventures and undertakings in the carrying industry. change for the same reason that he embarked upon all
We do not mean to assert that in this he was moved his other ventures—because he possessed the power of
by purely disinterested motives. He showed that he looking into the future in an eminent degree and
could be disinterested, and patriotic as well, when, could see that the railroad carrying interest was des­
during the Civil War (in 18(52), at a time when the tined to have very important development in the
country was in dire distress, he made a gift to the Gov­ C'nited States. His views in this respect are well
ernment of the steamship “ Vanderbilt” , which had illustrated by a remark which he made to Mr. Depew
coat $800,000, so that it might be employed in the in 1865, in dissuading hint from accepting the position
service of the Republic in repelling attacks of the of United States Minister to Japan, to which Mr.
Confederates, an act for which he received, in 1864, Depew had just been appointed : “ No future in poli­
the thanks of Congress and a gold medal specially tics ; railroad’s the career for a young man now.
struck for the purpose, as an attestation of the nation's Don’ t be a fool.”
In achieving success in the railroad world he em­
gratitude for the gift. In his endowment of Vander­
bilt University with a million dollars he also gave ployed the same methods that had secured for him
evidence of disinterestedness and of love for his fellow first place in the water-carriage service. He fur­
nished better service and simultaneously reduced
man.
Rut in his business operations it is hardly necessary rates. He welded together weak and disjointed pieces
to say he was not moved by sentimental hut entirely by of road, and made out of them a strong and connected
practical considerations. He gave the public lower whole. This cheapened the cost of doing the work,
transportation charges because they were a necessity rendering it possible to secure handsome profits at
of the situation—a necessity in fighting competitors lower rates than had previously even been dreamt of.
and a necessity in insuring the development of traf­ He reaped an enormous fortune out of his efforts, it is
fic to the fullest extent. No one was quicker to see true, but the benefits which resulted to the public
new opportunities for transportation services, no one from the building up of such a powerful system as the
quicker to avail of them. When he made his first Vanderbilt lines between Chicago and the seaboard
venture and ran a periauger to carry passengers between constitute, were noteworthy—in fact, incalculable
Staten Island and New York, it was because he saw a The development of the Northwestern States to their
public demand for such a service. The same instinct present position and importance could never have
impelled him later to enter into competition for the taken place except for the cheap transportation facili­
steamboat traffic of the Hudson River and the Sound, ties furnished by the Vanderbilt system and the other
where, by giving the public better and cheaper service, trunk line systems to the seaboard, for Chicago is
he quickly drove his competitors off the water, al­ about a thousand miles from New York, and grain
though his capital was not equal to theirs. When the (the chief product of these Northwestern States)
gold discoveries in California in 1849 led people from conld only find a market in Europe on a basis of very
all parts of the world to flock to the favored localities, low freight charges.
In the railroad world the Commodore’s abilities were
he saw opportunities for making money in equipping
a line of steamers to run via Nicaragua in oppo­ tested to the utmost. His business life had been one
sition to the old lines plying between New York of constant warfare with competitors in which his
and the Isthmus of Panama and the Isthmus and San adversaries always got worsted. But in entering the
Francisco. The route became a favorite one, and the railroad world he had to contend against the rivalry of
price of a passage between New York and San Fran­ the powerful trunk lines further to the south, more
cisco went down front $600 to $300. Nor was he less particularly the Pennsylvania Railroad and the Balti­
successful when be established a line of steamers be­ more & Ohio, In other words, he had to contend
tween the United States and Europe. The vessels against roads directed by such men as J. Edgar Thom­
which he built for this line excelled in speed and son, Thomas A. Scott and John W« Garrett. These
appointment anything ey,er known up to that time. men were railroad giants. They knew a great deal
In those days there were exciting contests of speed, more about railroads than the Commodore could hope
just as there are now, and in a race with the steamers to learn in the short space of life still left to him.
of the Otrnard line and the Collins line the But there was one thing they did not know any better
“ Vanderbilt", which, as noted above, the Commodore than he did, and that was the transportation business.
subsequently donated to the Government, came out In this he was an adept and a veteran. He had been

75H

the

( HRONI

in it all his life, and lie knew what the public wanted
and must have, and how to provide it. The New
York Central and the Lake Shore were soon
brought to such a high state of perfection that
only the Pennsylvania has ever been able to dis­
pute supremacy with them as far as physical condition
is concerned. The Commodore had one other at­
tribute which was of great service to him, and which
indeed is indispensable in persons undertaking execu­
tive functions. He was a shrewd judge of men, and
had the faculty of surrounding himself by persons of
great ability. Such a corps of trained men as he had
under him. all eminent for fitness in their own
branches, could he found nowhere else except on the
Pennsylvania Railroad. The Commodore was unspar
ing in his treatment of those who displayed unfitness
or shortcomings, but quick to discern merit and to re­
ward it. Mr. Depew refers to the circumstance that
he always pointed with pride to the fact that the
President of one of his roads had started as a gateman

le

.

[V o l . LX V .

strength and high standing. To-day it is in the hands
of receivers, in danger of being completely shattered,
and the family wealth has in large measure gone downwith it.

Nor can it be claimed that the later generations of
Vanderbilts have not had very trying problems to
meet. Conditions have made it necessary to do rail­
road transportation work at a constantly shrinking
margin of profit. Both the New York Central and
the Lake Shore have been paralleled from end to
end— in the one ease by the West Shore, in the other by
the Nickel Plate— the worst kind of parallel lines, too,
namely such as do not develop any additional territory
or traffic. The effect of course was hurtful, but both
roads have recovered and are to-day again in a highly
prosperous state, owing mainly to the character of the
management they have had. Mr. Depew reports the
Commodore as having said with reference to Horace
F. Clark, his son-in-law, in response to efEorts to have
him restored to full confidence in the Vanderbilt
councils: “ Smartest fellow I ever knew, but a cog
at one of his ferries.
If, then, we seek for the secret of Cornelius loose in his machinery.” In the Vanderbilt system
Vanderbilt's success, we find that no single qual­ there was no room for loose cogs, and none of the
ity can be cited in explanation— he was a very “Vanderbilts through whose hands the property and
remarkable man in many ways.
Of the nu­ control of it has been transmitted have been deficient
merous gifts which he possessed, first place must in this respect.
of course be assigned to his far sightedness— the
Clark’s chief fault was that he lacked stability.
ability to look ahead, to see the growth and develop­ The Commodore’s successors have possessed this qual­
ment which was in prospect, and by creating, in antic­ ity in an eminent degree. The late William H . Van­
ipation, agencies and facilities intended to provide derbilt survived the old Commodore less than nine
for it, to gain profit and advantage for himself. years, and yet in this brief period he is credited withBut this alone would not have sufficed. He knew having doubled the family possessions, and only this
what methods to pursue in order to wrest busi­ week Mr. M. L. Sykes, the Vice-President of the Chicago
ness from competitors, or to create new business. Su­ & North Western, in conversation with one of our repre­
perior excellence was necessary— improved facilities, sentatives, made the remark that William H. Vander­
reduced charges for the service. Then he was a man bilt was one of the most conscientious men he had ever
of tremendous energy and of indomitable will. Ob­ known. The third generation of the Vanderbilts,
stacles never discouraged him. They served rather as who are now in control, have, it is believed, added
a stimulus to renewed effort. He was slow to make further to the value of the estate. Through all these
up his mind, and yet a conclusion once reached he hands the same conservative, honest methods, for
never wavered in his determination to carry it out and to which the Vanderbilt name has become famed, have
employ his money and his strength to that end. This, been pursued in the management of the properties.
however, does not mean that he would not change his It was their mission to build up, not to destroy,
course if he found that conditions had changed. In­ and “ wrecking” was foreign to their policy. The
deed, his most remarkable quality was his ability to results speak for themselves. When the Commodore
discern changes in conditions and to alter his plans acquired the Harlem, the stock of the road was selling
accordingly. Mr. Depew, in speaking of his stock at $5 00 a share. When he died in 1877 it commanded
operations, says: “ It was equally dangerous to follow 140, and to-day rules at 300. New York Central at
or fight him on account of the rapidity with which he the time of the Commodore’s death stood a little abovechanged his policy, as he saw before others did the par, it now sells at about 110; and in the same interval
gathering storm or the rainbow of prosperity.” And Lake Shore stock has risen from about 55 to 175. Thus
the same might be said of all the ventures in which it is that the Vanderbilt roads have been gaining in
he was engaged, perhaps the best illustration of his strength, the Vanderbilt wealth has been handed
ability to recognize changed requirements being the down intact, and tho Vanderbilt name remains a
facility with which he disposed of his interests in synonym for conservatism and integrity among invest­
steamship lines and at 69 years of age transferred his ors the world -over,
investments to the railroad industry, which he so
THE B A N K OF ENGLAND AND SIL VER.
clearly foresaw was the coming field for profit.
Delicacy no doubt prevented Mr. Depew from refer­
A full meeting of the British Cabinet, specially
ring to the present generation of Vanderbilts. But it called a month or two in advance of the opening of
seems to us that a striking thing about the Van­ Parliament, is always taken as public notice that some
derbilt property and the Vanderbilt wealth is the way important question is pressing for immediate solution.
both have been handed down through succeeding gen­ The special Cabinet meeting of last Saturday was the
erations undiminished and unimpaired.
This is first of the kind thus summoned in a very long period ;
certainly a very creditable record. That the achieve­ a fact which of itself would serve to direct great inter­
ment is by no means a commonplace one is shown by est to the move. But the curious part of the matter
the ill success of the effort in the case of the Balti ­ is that no topic calling for quick decision was before
more & Ohio and the Garretts. Under the elder Gar­ the Ministry, that no discussion at the political clubs
rett the B. & 0 . was a railroad property of great or in the press had forced any formal action by the

O ctober 23, 1897,]

THE CHRONICLE.

757

Government, and that in fact the English public had a memorial addressed to the Chancellor of the Ex­
only the most obscure and uncertain notion of what chequer, entering formal protest against the rumored
experiments. Briefly summed up, this protest urged
the Cabinet meeting was summoned to discuss.
The whole episode is something most unusual in upon the Ministry that no alterations in the currency
English politics. Even now that the cabinet meeting should be introduced except after full Parliamentary
has adjourned without taking action, the nature of discussion ; that no step, direct or indirect, should he
this important deliberation must be left for the most taken to set aside the gold standard ; that change in
part to conjecture. That the discussion concerned coinage regulations should in no sense be made depend­
silver coinage is known: that it had reference to the ent on engagements with other States, and that any
Bank of England’s connection with the silYer question move regarding the Indian mints ought to be preceded
might be guessed from the correspondence which pre­ by exhaustive inquiry and made with reference to
ceded it That something in the nature of a conces­ Indian interests solely. This formal and very serious
sion by the English authorities, in response to private protest— the first of its kind in London during at
inquiries from French and American emissaries, has least one generation— was considered, along with the
been generally inferred, the London financial com­ general proposition, when the British Cabinet met last
munity further assuming, as is shown by their memo­ Saturday. Apparently, the protest of the Loudon
rial to the Ministry, that the reopening of the Indian merchants and bankers carried the day ; the Cabinet
mints was under debate. This last assumption ap­ adjourned without action.
pears to be confirmed by Lord Salisbury’s announce­
It is not easy to understand this episode in English
ment to our own Ambassador, on Wednesday of this i finance and politics. How the Ministry could have
week, that he regrets the inability of the Government |made any such move in the Parliamentary recess;
to open the Indian mints at present. But except for where the Governor of* the Bank of England derived
this rather curious diplomatic communication from one j the right to pledge lus institution; aud what, except a
State to another, not one of the responsible Govern­ |revolt of the Ministry's city constituency, could have
ment authorities has even now broken silence on the I been expected had the plan been secretly consumquestion. As to the real extent of the concessions ! mated:—these are unusually puzzling questions, Inasked, as to the Ministerial division of opinion—if such |deed, there is continually suggested, in spite of a
division existed—and as to the quid pro quo which the I wish to the contrary, an air of insincerity in the Govother nations had to offer, the public ha- been left en­ ] ernment’s whole proceeding.
Prominent London
tirely in the dark.
j newspapers have not scrupled to intimate that EngThere had been rumors of some such negotiations, |land’s proposals were a political manceuvre, contrived
our readers will remember, early in September, and so as to give the appearance of friend lines to foreign
they were persistent enough to arrest the steady fall j petitioners while imposing conditions which the other
in silver bullion and send it up a penny or more per Jcontracting States could not perform.
ounce. On September Kith occurred the semi-annual
This theory -certainly sounds like making the
meeting of the Bank of England, in the course of ; English currency a stalking-horse for political and
which part of the project was unfolded. Premising diplomatic schemes—a plan not wholly unknown in
that his fellow-directors were • aware of the proposals the Foiled "dates, hut never before, so far as we are
*
laid before the Government in the summer by the aware, undertaken in Great Britain. Yet it is difficult
United States and France, whereby this country might |to avoid the eon elusion; more particularly since
increase its use of silver, as a contribution to an inter­ ! the city community of London, despite its grave menational agreement which, while not affecting our gold i moral to the Ministry, can hardly be said to have
standard, might enable the mints of France and Amer­ ' taken the matter seriously. Who, for instance, could
ica to resume coinage” , the Governor of the Bank pro­ authorize Senator Wolcott’s committee, or any other
ceeded to outline the part of the stipulation- which body of Americans, to pledge free coinage in the event
concerned that institution. One of the proposals, he of France joining hands in the experiment and Eng­
said, was the suggestion that the Bank of England land buying a block of silver to deposit in its Bank?
should hold a percentage of its own reserve in silver. Who could have authorized such action on the part of
To this proposal, it appeared, Mr. Smith file Gov­ France? The assumption that such offer had been
ernor, had on duly 2ft replied to the <'honedior of the made, as the Governor of the Bank of England ex­
Exchequer that the Bank was “ prepared to carry out plicitly affirmed, “ by the United States and
what is laid down as permissible in the Bank charter, Franee” , is not the least mysterious part of
It is possible, as we
viz,, to hold one-fifth of the bullion held against its the whole business.
note issue in silver, provided always that the French know, to reconstruct a coinage law behind
Mint is again open to the free coinage of silver, and the closed doors of a Washington conference com­
that the prices at which silver is procurable and sale­ mittee: but even this can be done only after both
houses of Congress have publicly taken preliminary
able are satisfactory,”
This announcement was in two ways, surprising; action. If the situation a month or two ago was
first, because it testified that the British Government actually what the Governor of the Bank and the Eng­
was taking actual lead in this negotiation; and, second, lish Government professed to suppose it, then not
because if a letter to the London “ Tim es” from at only the Failed States, but the financial world at
least one of the Bank directors is . ufficient evidence, large, have been confronted with the extraordinary
s
this quite unprecedented offer by the Governor had spectacle of a body of delegates not commissioned
been made without formal consultation with his fellow by their national legislatures meeting in secret dur­
directors. The proposition provoked immediate disap­ ing the adjournment of such legislatures to revolu­
proval in the London banking community, nor was tionize the coinage system of every State concerned.
such feeling mitigated when suspicion was aroused
The supposition is ridiculous. We can only account
that the Government was going even further. Last for the curious incidents which have come to light by
week the adverse sentiment of the city culminated in supposing that each of the several interests has tried

758

THE

CH R O N IC LE .

to “ draw out ” the others as a basis for propositions
to its own Government. If Saturday’s fiasco is the end
of the whole performance, it leaves the affair wholly
in the clouds. Beyond Lord Salisbury’s polite reply
to Ambassador Hay, the public had not so much as
been informed whether the plan is abandoned or not.
Even to the London memorialists, Sir Michael HicksBeach merely promises some information later on.
Indeed, the Premier himself concludes his own com­
munication to our Minister by the promise that he
will still “ be pleased to consider” any further sug­
gestions on account of silver. A ll this certainly fore­
shadows some interesting inquiries addressed from
the opposition to the Ministry when Parliament
assembles.
The question of the Indian mints, taken by itself, is
extremely complicated, and is no improper subject for
further consideration. That the remitters from Bom­
bay and Calcutta to London have been benefited by
the suspension of Indian free coinage cannot be
doubted. Since that important step was taken, in
June 1893, silver has fallen eleven pence per ounce,
but the exchange value of the rupee remains at some­
thing like 15 f pence, exactly where it stood when the
Indian mints were closed. The effect of that action
on India’s own finances is however a matter concern­
ing which there is still very general controversy, and
at present the matter is greatly complicated by last
year’s Indian famine, the extreme high money rates a
few months later, and the disturbances incident to the
war against the Northern tribes. If, therefore, the
Government had chosen to direct the attention of
Parliament once more to this problem of imperial
finance, they would at least have moved within the
legitimate traditions of English politics. .
But questions of coinage agreements with other
States, and of altering England’ s currency regulations
so as to open a new demand for silver, are a1
together
different.
No confusion ought to surround the
plan for injecting silver into the Bank of England’s
reserve against its circulation. Such a move would
first involve the purchase by the Bank of some
$32,000,000 worth of silver, to be paid for, presum­
ably, in notes redeemable in gold.
Senator Wolcott
may imagine, as most of his Senatorial colleagues
conceived in 1890, that the operation would perman­
ently advance the price of silver bullion, and thus
encourage timid States to take the free coinage
plunge.
The United States, however, bought up­
wards of $150,000,000 worth of silver on this plan, or
five times as much as the Bank of England would
acquire, and most people will remember to what
extent the operation helped out the silver market.
Even when considered therefore as a scheme to
increase current demand for silver,
experience
proves that the plan would in the end be utterly abor­
tive.
But the unhappy experience of the United States
Treasury since July 14 1890 teaches other and much
more serious lessons. Secretary Windom, it will be
remembered, was so far infatuated with his own plan
of government notes secured by silver bullion that he
again and again insisted, in his report of 1889, that
all the noteholder could ever wish to get when apply­
ing to the Treasury for redemption was the uncoined
silver bullion. It will also be remembered what the
noteholders did ask for under the modified plan as
passed when the time for redemption came. W e
hardly imagine that the downfall of our Treasury

[V o l . L X V

during 1892 and 1893 will be taken as a pleasing
example of finance by the English public.
As to the “ terms” alleged to have been offered by
France and the United States, we regard them with
entire incredulity. If, by some improbable combina­
tion of circumstances, all of the great commercial
States were to agree to admit free silver coinage at
their mints and to exchange their silver coin indiffer­
ently for gold, the question would be different. Thus
protected, and assuming fair performance of the con­
tract on the part of all contractors, the silver experi­
ment would stand or fall on its own merits. But, not
to mention the United States, does any one seriously
suppose that France would institute single-handed
among the European States a system which would
drive its gold, as surely as by the law of gravitation,
into the hands of its hereditary enemies ? W e can
fancy Bismarck’s cynical smile when he thinks of the
treasure locked up for war purposes in Spandau
Castle and then hears of a free-silver-coinage plan
proposed by the French authorities.

THE

ATTEMPT TO D E L A Y THE
PACIFIC SALE.

UNION

It seems inconceivable that at this late date any one
should seriously suggest interference with the pro­
posed sale at foreclosure of the Union Pacific property.
Y et such a policy is apparently finding favor with a
portion of the daily press. Both the Reorganization
scheme and the Reorganization Syndicate are being
attacked with great bitterness, and an effort is being
made to create the impression that the scheme is a
gigantic attempt to rob the Government and that the
Administration is yielding willing acquiescence in it.
Nothing could be further from the truth.
The arrangement between the Government and the
Reorganization Committee is simply a plain, straight­
forward business proposition. It is moreover the only
proposition the Government has ever received, and it
protects in every way the interests of the United
States in the road. Those acquainted with the views
and purposes of the Reorganization Committee know
that a cash settlement with the Government, such as
is now provided for, was not what they specially de­
sired. They hoped for action by Congress looking to
an extension of the debt, principal and interest, and
they only fell back on the scheme for a money settle­
ment when no other alternative remained open.
The course of those directing the affairs of the Gov­
ernment was prompted by much the same considera­
tions. The agreement was reached with the members
of the last Administration (the present Administra­
tion having merely confirmed the action of their
predecessors after adding a stipulation for a some­
what higher minimum bid), and they hoped until
the last that Congress would
relieve them o f
the necessity for action by passing needful new
legislation for dealing with the matter.
Con­
gress, however, did nothing but reject every prop­
osition submitted for its consideration.
And this
has been its course for many years. The need of an
adjustment of the relations between the road and the
Government was recognized long ago, and at every
session of Congress bills having practically the sup­
port of all parties were introduced for settling the
question.
But these bills all met the same fate.
Congress could not, would not pass a law for an ad­
justment of the debt,

O c t o b e r 33, 1897, J

THE CHRONICLE

759

It was only after tlie last Congress had definitely they ever will be able to do so. Delay therefore would
rejected the refunding bill then under consideration simply have the effect of deferring longer the final
that President Cleveland instructed the Attorney- settlement of the matter. In the meantime the situa­
General to take steps to protect the interests of the tion of the property would he steadily growing less
Government in the pending foreclosure proceedings. favorable. All the most valuable branch lines and
He would have been derelict in his duty if he extensions have been taken out of the system and sep­
had done otherwise. The situation was really very arately reorganized, and under a continuance of exist­
critical. On the one hand increasing amounts of the ing conditions its earning capacity must necessarily
Government subsidy bonds issued in aid of the road continue to he impaired.
were maturing with no provision for paying the same.
On the other hand the Union Pacific system was
THE ST. LO U IS < S A W FRANCISCO.
&
being rapidly dismembered, and there was danger
The first annual report of the St. Louis & San
that through the foreclosure of the first mortgage Francisco Railroad, covering the fiscal year ending
(a lien prior to that held by the Government) the Jane 30 1897, was issued this week. The property,
whole investment of the United States in the property i a8 wfl] he remembered, at one time formed part of the
would he jeopardized. It was in these circum- 1Atchison system, but was in 1896 reorganized as a
stances that the agreement with the Reorganization ; separate system. The annual report enables one to
Committee was reached.
see what the road is able to do on an independent
We do not know who suggested the idea, but it was basis, and also what kind of a showing it can make
really a very clever contrivance so far as concerns the under adverse conditions, for though the road had a
interests of the Government. It was kuown that the larger tonnage in agricultural products as a conse­
Reorganization Committee would he bidders at the quence of the excellent crops of 1896, yet on the other
sale, but what would they bid? The Government de- hand there was a falling off in several other items of
cided to take no chances on that point. It required a traffie, and also a considerable falling off in the pas­
guaranty of a minimum, below which the property senger business as the result of the depression in
was not to be sold. At the same time the field was to trade.
he left open to o th e r bidders. The Reorganization
In the C h r o n ic l e of May 2 last year we gave an
Committee was not to have things its own way, if any outline of the reorganization scheme and showed the
one thought the property was worth more than the extent to which the fixed obligatory interest require­
minimum fixed and was willing and ready to bid a ments would be reduced thereunder, about half a mil­
higher figure.
lion dollars roughly having been knocked off from
As to whether the sum of 50 million dollars, the total. From the annual report it appears that
which is the minimum a« it stands now. is a fair while gross earnings for the twelve months ending
and reasonable offer, all things considered, it is June 30 1897 were a little less than for the twelve
only necessary to say that two years ago even the months preceding, the comparison being $5,993,most sanguine would hardly have thought it pos- 336 against $0,059,372, the net earnings improved
sible that the Government could get us much as I slightly over those for 1895-6, being $2,509,708 against
this. It was admitted by everybody that it was be- $2,482,539. This is before the deduction of taxes and
yond the power of the road, on a cash settlement, to j rental and trackage charges. Deducting these and the
pay the principal of the subsidy bonds plus all the un-I interest requirements, and adding the miscellaneous
paid accumulations of interest. The most that income, it is seen that the company had a surplus of
any one had dared hope was that the Govern-1$331,067 in excess of all its requirements for the
ment, holding a second lien, might receive in full twelve months. Out of this a dividend of two per
the principal of the debt.
This amounts to 334 j cent on the first preferred stock was paid in July,
million dollars, and as the syndicate guarantees calling for $100,000, leaving a surplus balance of
50 million dollars, it will be seen that the Government $231,067. The full amount of dividend to which this
will, on the whole, fare quite well, receiving 1#| mill­ stock is entitled is 4 per cent, requiring $200,000, and
ions in payment of the arrears of back interest, a it will be seen that earnings were sufficient to pay that
sum about equivalent to the amount now held amount and yet carry forward a balance of $131,067.
in the sinking funds. In other words the United Tlfe accuracy of the income statement is certified to
States gets back the whole original amount advanced by Mr. Stephen Little, as Chief Consulting Auditor
to the road, and nearly 50 per cent of the unpaid for the Andit Company.
accumulations of interest.
As already stated, this is the showing for a year of
It would in our estimation be nothing less than a unfavorable conditions. .Since the close of the fiscal
public calamity to upset the arrangement at this year there has been a decided change in the situation,
stage. If, as the papers would have ns believe, capit­ and earnings are recording noteworthy improvement.
alists stand ready to offer more than the minimum price For July though gross increased $39,426, net decreased
guaranteed, so much the better. There is absolutely $17,064, but for August gross increased $99,909 and
nothing to prevent them from competing at the sale— net increased $61,250, making the addition to the net
in fact, as we have seen, the way has been expressly for the two months 844,186, while for September gross
left open for them. Rut there is clearly no reason for ' has risen $88,671, the net for that month not yet
further delay or postponement. It was known as having been computed. Since the close of the fiscal
early as last January, after the rejection of the fund­ year, too, the company has acquired the Central Div­
ing bill in the House, that the property was to be ision of the old Atlantic & Pacific, which extends
sold in this way, and it was also known then what the well into the Indian Territory, and should with the
minimnin price was to be. If in the interval of nine opening up of that Territory prove a valuable feeder.
months which have elapsed since then, intending bid­ The purchase of that division involves the issue by the
ders and capitalists have not been able to mature their company of $1,500,000 5 per cent gold bonds, secured
plans for |the purchase of the property, it is unlike! by a first mortgage on the 112 miles of road acquired,

760
und to be called] hereafter

THH1

OH RON ICL F

the Southwestern Di­

vision.
Out of the funds provided under the reorganization
scheme 300 new coal curs, 50 refrigerator cars and 100
furniture cars were added during the year. The sum
of $943,330 was received altogether from the Reor­
ganization Committee, and after paying for equip
ment purchased and making various improvements
there still remained a balance of $501,554 on June 30
available for future use. The balance sheet shows the
ordinary current liabilities on June 30 to have been
only $1,470,492, while the current cash assets were on
the same date $2,584,302, including $398,023 of sup­
plies on hand.

RAILROAD SET EARNINGS FOR AUGUST.
With each month now the returns of railroad earn-1
ings are growing better, and there can no longer be
any doubt that a very substantial improvement in the
revenues of the railroad transportation lines of the
United States is taking place. W e have this week
completed our compilation of the gross and net earn­
ings for the month of August, and the results are in
every way noteworthy. They show a gain in gross earn­
ings in the large sum of $9,376,030, equal to nearly
15 per cent (14‘86 per cent) and a gain in net of
$4 ,599,421. or 22-J per ecnt.
Considering
that
in this a portion of the railroad mileage of
the country is unrepresented (it being impos­
sible to obtain returns from all the roads), it is
easy to see of what great magnitude the increase on
the railroad system as a whole must be. Of course the
grain movement was very large the present year, but
on the other hand the cotton movement was not equa
to that of last year and the bituminous coal strike
continued throughout the whole month. It is evident
therefore that the revival in trade played an import
ant part in the improved results. The following arc
the totals for the month and year.

IVoi . I >V .

Of course the gains by the individual roads this time
are very large. In the gross the Pennsylvania shows
$825,400 increase, the Burlington & Qnincy $739,746
incre se, the Southern Pacific $733,090, the Reading
(with the Coal & Iron Company) $636,393, the Lehigh
Valley $598,365, the Atchison $536,120, the Illinois
Central $524,818, the Erie $494,125, the Union Pacific
$457,845, the Canadian Pacific $344,630, the Mil­
waukee & St. Paul $256,248, the Oregon Navigation
$223,905, &c., &c. It will be seen that all classes of
roads and all parts of the co mtry are here represented,
and the same is true of the net earnings, where the
Pennsylvania shows $574,400 increase, the Southern
Pacific $455,441, the Burlington & Quincy $358,074,
the St. Paul $246,362, the Union Pacific $243,295,
&c., &c. The following is a full list of all gains
and also all losses in excess of
$30,000.
It
will be seen that the latter comprise only four
roads in the case 'J ihe net and but one in the case
of the gross:
PRINCIPAL CHANGc-S IN t i l t O S S EARNINGS IN A U G U S T .

1 n crp u sow.
P enn sylvania!............... $825,400
Ohio. Burl. & Q u in cy...
739,746
Southern Pacific............
733.090
Phil. & Read, aud C. & r.
636.393
Leh.V.RR. and L.V.Coal
598.365
Atoll. Top. & S. F e ........
536,120
Illinois Central..............
524.818
Erie...................................
491,125
Union P a c ific ................
457.845
Canadian P a cific..........
344,630
Chic. Mil. & St. P m i.. .
256,248
Oregon RR. < N av.......
&
223.905
Kan. City Pitts & Gulf..
187,981
Oregon Im provem en t..
186.300
M exican Central..........
166,338
Southern R ailw ay.........
162,5 6
W abash...........................
154,978
Chesapeake & Ohio.......
144,150
Norfolk & W estern.......
131,494
Clev. Cin. Ohio. & St. L.
129,048
Louisv. & Nashville___
127.315
Northern Central..........
118,702
Central of New Jersey.
111,513
St. Louis & '-an F ran...
99,909
Nashv. Chat. & St. L_
_
89,698
Chic. Great W estern___
73,838

In crea ses.
Balt. & O h io ......................
Grand T ru n k......................
Rio Grande Western___
M exican N ational.........
D enver < R io G ran de..
fc
Chic. Ind & L ou is.........
Kan. C. Ft. Sc. & M em..
St. Jos. & Gd. I s la n d ...
Lake Erie & IJTe^teru ..
Ft. Worth & Den. C ity.
Un. Pac. Den. & G u lf...
B alt.& O h io S o*w est...
Chic. & Grand Trunk*...
Burl. Ced. Rap. No’ n_
_
Choc. Okla. & G u lf____
Cin. N. Orl. & Tex. Pac.
Peoria & E astern..........
Iowa C entral.....................
M exican Internat’n a l..
F lint & Pere Marcp.......

$73,474
69,296
66,615
61,347
60.280
60,192
59.109
57,266
54,670
52,903
49.713
49,710
41.312
39,790
39,462
39.207
34,722
31,375
30,596
30,539

Total (representing
59 roads)............... *9,256,083
© eerea ses.
Phil. Wil. & Balt............ $146,700

t Covers lines directly operated both east and west o f P ittsburg and
Erie. The gross on the Easteru lines increased $538,200 and the gross
on the Western lines increased $287,200.
PRINCIPAL CHANGES IN N E T EARNINGS IN U J G C S T .

In crea ses.
In cre a se s.
Pennsylvania! .............. $574,400 Balt. & O hio...................
$53,254
Southern P acific............
455,441 Southern R ailw ay.........
50.817
August.
January 1 to August 31
Chic. Burl. & Quin........
358,074 M exican N ational.........
47,350
(142 roads.)
Chic. Mil. < St. P a u l....
fc
246,362 Cin. New Orl. & T. P . . .
45,177
(131 roads.)
Union P acific.................
243,v95 Chesapeake & Ohio.......
43,056
181*7.
1890.
1897.
Increase.
1890.
Canadian P acific..........
189,546 Ft. " orth & Den. C ity.
Increase.
39,816
Atch. Top. & S. F e.........
169.325 St. Jos. & Gd. Isla n d ...
39.198
1
%
f
*
*
*
Oregon RR. & N a v .......
161,0L5 Chic. Ind. & L ouis.........
38,982
9,376,030 452,599,887 436,980,093 16,619,194 Leh. V.RR.and L.V.Coal
Gross earn’a 72.475,928 63,099,895
158,380 Colorado M idland.........
36,508
Oper. exp.. 47,800,852 42,884,213
4,776,609 315,144.132 312,135,402 3,008,670 Norfolk & Western.......
153,302 Lake Erie < W estern ...
te
34,945
Illinois C entral..............
150,956 D enver & Rio G ian d e..
3 *,681
Net earn's 24,«15,070 20,215.65*
4,599,421 137,455,755 124,845,231 12.610,524 I ouisv. & N ashv............
133,749 I Nash. Cha't. & St. L . . . .
32,842
Phil. & Read, and C.&I.
114,577 Rio Grande W estern.. _
31,753
One circumstance qualifies to some extent the favor­ Kan. C. Pitts. A G u lf... 104,401
Northern Central..........
104,035
T otal (representing
able character of the showing, and that is the fact that Oregon Im provem ent.. 102,954
50 road s)...............$4,637,24
Burl. C. R. «fc Northern.
101.499
D ecre
es
comparison is with diminished earnings last year. But E rie................................... 100,977 M exican C entral. a s ___. $135,4 7 8
Central o f N. J ..............
99 199 Phil. Wilm.
Balt.......
12 2,60 0
while there was a falling off in gross and net alike then, W abash.....................
95,127 P ittsburg & W estern ...
4 2,55 6
G -and T runk.................
92,247 San Ant. & Aran. Pass.
35. 663
the losses in both cases were much smaller in amount Oregon Short Line........
71,67*
Chic. Great W estern___
68,077
T otal (representing
than the present year’s gains, and besides the decrease St. Louis & San F ra n ...
61,250
6 road s)................. $3 36,297

followed in part because there had been one less busi­
i
directly operated east and west o P ittsburg and E
ness day in August 1896 than in August 1895. We TheCovers lines Eastern lines inoreased $356,000f and the net on rienet on the
the
W estern lines increased $218,400.
subjoin a comparison of the August summaries for a
The favorable character of the exhibit is further
series of years.
emphasized when the roads are arranged in groups
• Gross Earning/
Net Marntnja.
Tear and
and it is found that every group without exception
number
Tear
Year
Increase or
Tear
Fear
records an improvement in the gross and every group,
Given.
Preceding. Decrease. 1 Given. Preceding. Decrease
barring only the Mexican, an improvement in the net.
August.
1
$
*
»
*
$
1892 (129 09,009,680 05,224,341 -f 3.785,339 24,109.302 23.553.4*1
+555.881 In the latter case the ratios of gains for some of the
1893 (ISO 64,737.181 63,120.2 iO —8,3*9,009 17.405,30* 21,599,37' -4.104.0r7
1894 (137) 67,051,077 67,349, l«8
+301.909 19.08J.852 18.2S5.0Uf) +1,305.757 groups are strikingly heavy, being 33'03 per cent for
1895 (133» 57.125,228 65 Of0,400 +2.004,708 19.602,321 18.799.800
1890 (13 J) 65,282,124 58.018.037 —
3,335.913 17,993,317 19,404.5*6 —1,411,208 the Northwestern group, 30-02 per cent for the South­
1897 <U2> 72,475,928 03,099,898 +9.376,030 24,815.070 20,215,655 +4,599.421
western, 24-69 per cent for the Southern and 36-90
Jan. 1 to
[
August.81*
per cent for the Pacific. For the trunk-line group
1892 (124 >470 601,120 447.903,421 +28,037,690 144,227.251 139,857,231
+4.070.019
1893 (185) IfcS.OlS.?*? 427.7H
8.81H +824,474 120.914.55 13L550.596 —4,030,037 the increase in net is 17-28 per cent; for the Middle
1894 (127) 156.397,8 1 417.234,75*8 -00.816.87. 102.314 3-2 120,014/ 8* —
3
17.H99.7U0 Western, 10-32 per cent; for the anthracite coal group,
1895 (124 ) 389,797,
371.007.769 +18,729.690 115.598.912 104.559.220 +11,039.080
1896 (183)'418,700.541 108.229.307 +1O.470.S74' .120.02*. ^0 118.139.32 +2,489 03« 18--70 per cent, and for the Eastern and Middle group,
1897 '131) *452.599.8*7
-16019.1ml ‘ 137.455.755 124.«45.23» +12.010+24 1-31 per cent.

OcrrOBEB 23, 1897,]

THtt CHKoNICLE.

761

applications for either help or intervention made to him by
the Afridis, and he has declared that he will punctually ob­
SSOHOM OK
serve his agreement with the Indian Government. The fam­
GBOtTP.
Inc. or Ike.
1897. j 1896.
1»1.
ism.
ine expenditure is now nearly at an end, but unfortunately
$
t*. e. the plague is once more spreading in the neighborhood of
August.
I i | *
*
*
a.s?o.;:i:
:«■ -H .006,898 17*28
20,037,'‘2b LM 44.75*
Tran*
■+978.605 18-71 Poona. Still it is hoped that all extraordinary expenditure
Antlira. coai.fKl 9,007,017 8,235,296; ! 2.402.459 2,023,851
4-49.751 4*31 will c >ase some time in December. The crops promise well
1 4204 m l 1.151,732
8,931,
2.929,
A tftd.CM)
1.038,373
4*167,839 16 32
4335,183
Mid.
4-834.72' 33*03 and the export season is just beginning.
Wortfcwe*t‘n<lOt 8££UtO0 7.06*879' 3,362,222' 2,527.49!
From Brazil it is reported that the fanatic chief has been
1.054.6*0 -HW.799 3O02
* w :i :r ; 5.320.8&I
goathweit’Eulii
Pacific Coast 17 11,W.517 IM&MSPi 4t5f?3.69* 3,403.0*2 4-4257.614 3S*90 1captured and the fanatics defeated with heavy loss.
-H04.il 4 24*69
8oatb«ra..43fii 8,073,312 7,296.587 . 2,495.868 2,004724
The news from Argentina is that the wheat crop is safe,
8 tg
5SL9C8
612,093 * — C 7S7 13*19
M exican......(it 1,782,337 1,534,80©j;
4-4.SS9.42l 22-75 j bat that the locusts have re-appeared and damage to the maize
Tot—a i t r»as) 72,472,928 63.099.8^1 24.815,070! 20J15.6W
crop is apprehended. The crops in Australia are looking
Jan. 1 to Aug. SI.
137.55t.6l5 136,710,329 30.681.071 j 36,911,401 4-2.752,610 7*45 well.
Trtm.lt Unes.Ul i
—
9.776 0*10
In the Transvaal nothing has yet been done with regard to
AatSu*. coaM?> 3 ksqojwi 40,580.121*: #.»8».«11»i *. *80.7*5
4*312,212 § 15 the recommendations of the Industrial Commission, and
su x»& m * u m 13,1944 6 13*082.089; i.iH .os'l s.tm .sn
4*331,218 4*54>
87,0 >7.524 7.T«,*oJ I.IH.Vii ’
Mid. Wes£*a4l£
North west’s.. -9- JIJ.S-tl.-51 49.200,11*1 18,713.861j 16,717,257 4*1.990/04 11*94 ; there are reports that the President is endeavoring to post
4*419,121 4*03 pone a decision till after his re-election. This is naturally d e­
37,403,5*-- i -'.82422:] I0.402.tu
South west’H i?5 40.108.235
i
Pacific CoaagtO- 66. r * 028 61,114114 23.46 \*n\ 19,686,310 43.774.27f IS 17 pressing the market and the withdrawals ■f gold from the
61,20.-5051 59,2
I 17,910,1m 15.«69.#82 +2.fi»,2»3 14*30
5.584497j 4.743,183
4-7940U 16*08 Bank of England for New York have likewise acted as a
Mexican .....{4, 11,911,157
f*42,010.524 10*1© damper upon markets generally. So. too, have the Jewish
T o t..a a i rMs>
holidays. All first-class investment securities are steady but
p t c r t t e t a r s s ® o m m w c i a r ^ U 0 U s l i ^ e u j s quiet.
There is Borne speculation in American railroad securities
(F r o m o a r o w e eon rea p on rteu t. ]
but the great body of the public is holding aloof. The selling
by investors has almost come to an end but as yet there is no
B o x u o n . S a t c k d a y , Oct. 9, 1897.
buying. Throughout the week the only department of the
The new Greek Ministry has been very well received both Stock Exchange which has been active is that for Western
at home and abroad, and public opinion in Greece has de­ Australian shares. Most of these have risen considerably,
clared itself so strongly in favor of peace that the Opposition and a very large business has been done.
As was expected, the Board of Trade returns show a large
has completely broken down and an Ambassador has been
increase in the imports and a large decrease in the exports.
appointed to proceed to Constantinople to negotiate the def­ The latter is due mainly to the falling off in the demand from
initive treaty. The Prime Minister is a man of high char­ the United States and India and the strike and lockout in the
acter for a Greek politician, but it is chiefly the new Minister engineering trade. The increase in the imports is mainly in
o f Finance that inspires confidence among foreign financial dairy produce and meat and in wood. Owing to the exces­
sively high prices of investment securities and to the discredit
houses. He is of Bavarian descent, but he was born in of so many foreign securities, there has been during the past
Gr< ece, has been President 1 1 the National Bank, and is be­ couple of years an extraordinary investment in houses,
lieved to be not oniy a good banker but an expert financier. especially by people o f moderate means, who are buying their
The general impression is that the definitive treaty will be own dwellings. As a consequence there is an active specu­
lative building which has led to a wonderfully large import
speedily concluded, and that as soon as the Commission of of wood.
But while the foreign trade is unfavorable, the home trade
Control is appointed an advance o f a million sterling will be
obtained from the Ottoman Bank to get the Turks out of j is exceptionally good, in spite of the engineering dispute, the
Dtogley tariff and the depression in India. The revenue re­
Thessaly.
turns o f the first half of the financial year ara very aatisfacThe real difficulty will arise when the new loan to com ­ torv. and the railway traffic returns are equally good.
plete the indemnity and to set the Greek finances in order j The withdrawals of United States coin and gold from the
comes to be raiaed. The hope is that the International Com- j Bank of England on Wednesday, Thursday and Friday (alto­
gether £6l7,i u i) bad exceedingly little effect upon themoney
missioners will soon convince themselves that the money i market. The open market discount rate yesterday was barely
cannot he obtained without an international guaranty, and ; 2 per cent, and short loans have been readily made at 1 per
that they will he able to persuade their governments to cent. The impression here has been that not very much
gold will be taken for the United States and that scarcely
adopt their view.
any will go to either Japan or Russia. Consequently, com­
The return of Senor Sagasta to power in Spain is likewise petition amoDgst bankers and discount houses had increased
welcomed all over Europe. He is known to oe in favor of once more. But such low rates are expected now to bo at an
autonomy for Cuba, and it is expected that he will do what­ end. The usual autumnal demand for gold will be increas­
ever i» necessary to carry out a satisfactory settlement. Ap_ ingly felt after this week. If there is any sign of continued
large withdrawals for New York, rates will speedily be put
parent!/ the Spanish people are at last convinced that the re. TO(“ ana it M a!wayg possible that gold may have to be sent to
conquest of the island is impossible, and therefore it is hoped India.
that a free hand will be given to the new Prime Minister.
Gradually the Indian money market is becoming stringent.
But even if he is able to settle the Cuban and the P h ilip p in e ! ° n Thursday the Bank of Bengal raised its rate from six per
.
...
,
cent to seven nor cent, and the Bank of Bombay is expected
questions the financial condition of Spain will remain almost |t0 fol!ow soon. The g e n e r a l impression is that the India
desperate. There ought to be a great reduction in the army Council will not be able to resume the sale of its drafts
and navy and a complete reform o f the civil service. But as I before the beginning of the New Year, while the Indian
reserves,
the drain upon
the present government r e s ts nnnn th n army, it i , p m . much banks havel jsmall operationsand the frontier is the Treasuries­
re
upon .he
n is very
fo r t^e m i l a r y
on
likely to C o n
doubted whether a military reduction ta possible tn the face j tinne for a month or two. The active export season is be­
o r ,'
of Carlism in the north and Republicanism in the south.
ginning. The jute crop is very large and harvesting is in
The Parts Bourse is naturally apprehensive of a break-down fnll swing. The indigo crop, though not very large, w ill
In Spain, for French holdings of Spanish securities of a 1 very soon begin to Is* harvested, and then will follow the
cotton, rice and wheat crops. Meantime there is very little
kinds are estimated at about 160 millions sterling. Until, demand for silver for the Far East and the market Is once
therefore, there is a better promise for Spanish finance it does more weak.
Tlie following return shows the position of the Bank o f
not look probable at present that there will be very much a c­
tivity on the Paris Bourse! and if not the International De­ England, tbs Bank rate of discount, the price o f consols,
compared with the last three years:
partment will remain quiet.
1894.
1805.
1897.
1896.
Oct, 10.
Oct. 7.
Oct. 9.
Oct. 6.
With the exception of the Afridis, the chief frontier tribes
£
M
£
£
that have been in arms against the Indian G o v e r n m e n t are
ircniatjon
.................... 28.413.3W 28,109,350 26.762,085 26,006.54 5
submitting, and as General Lockhart is about to begin his Pabllo deposit*-....
5,321,930
5,260 127
6/07.270
8 708.507
advance against the Afridis almost immediately it is hoped Otter deposit. ......................... 40,570.024 48.372,550 60,295,171 39.337,437
, 17.7'*8.726 16,039,108 10.524473 15,930.964
that the military operations Will be brought to an end some 6k>Tefrnment necatiCtei
20.887,370 28,187.480 25,119,980 18,85 >,863
OtheriiiKnifities ................
lim e in November. The force to be employed is very large •te.er?e or notes and coin........ 2458*2/3 * 28,1 J*,003 31.703,708 27,037,173
s
and the cost of operations in so difficult a country Coin A bail ion, both depertm’te 8^}O0.108 30,5 L3.143 44720,841 36,843.717
67
et«
.p. o. 43 9-16
80H
mast be very heavy.
Up to the present it is esti­ Prop.reeerTetollobUttles. cent.
2
a
2
Bank rate ................. per
214
107«
101«
Hl?4
mated that the operations have cost about
millions ster­ Consols, 2H per c e n t ...............
io m
29 5-lfld
3116(1.
80d.
»5%c4
ling, Probably the surn will be doubled before complete or­ Sllrer ___ ______ _____
Olearlne-Hoase returns........... 189,317,000 152,717,000 140,518.000 110,903,000
der is restored. The Ameer of Afghanistan h j refused all
gCMMART BY GBOBPft.

Cross EarmiHH.

Net Earnings.

THE CHRONICLE.

7H2

Messrs. Pixley & Abell write as follows under date of

[V o l .

EXPORTS AND IMPORT8 OP SPECIE AT NEW YO R K .

Oct, 7 :

Exports.

G old.—The demand in the open m arket lias n ot permitted o f very
hmli rates h e m p a id for recent arrivals, but there tub? been consider­
able inquiry for American sold coin for shipment to New York, the
bulk of which has been obtained from the Bank. The withdrawals
,1urine the week total £1 9 .000. o f which £266.000 has gone to EfeTPt
and £200,000 to New Y ork. £25,000 has been received from Aus­
tralia tm,lav. Arrivals: South Africa, £282,000; Australia, £ 128,000;
Bombay, £72.000. Total, £ 192,000 Shipments to Bombay, £1 ld.nOO.
Silver —Artec rising to 2 6 '-el, A m erica beoame so free a seller that
the price Immediately fell lrnek to 25 ,, d „ and at this level there were
few sellers. Numerous orders for delivery at once then caused uu ad­
vance and the m arket closes steady at 26d. The Bombay rate is
quoted at Its. 68 per 100 Tolahs. A rrivals New York, £203,000;
Chili, £26,000. Total, £229.000. Shipments to Bombay. £87,500.
Mexican D ollars—A good business has taken p lace In these com ,
their price varying greatly with that o f bar silver. The nearest quo­
tation to-day is 25%d. Shipments; Ponang, £24,400; H ong Kong,
£14.400; Shanghai, £8,700. Total, £47,500.

Gold.
Great Britain..........
F rance......................
G erm a u y .................
West I n d ie s ............
M exico ....................
South A m erica.......
All other countries.

$20,000
984,476

1895.
8,440,700
2,886,160
1,471,740
245.710
457,670
4,252,100
1,858,720

1894
8,332,707
3,232.019
1,625,295
166,620
531,422
2,316,404
2,068,866

Im ports o f flour........ 1,438,300
Sales o f hom e-grown. 3,639,940

2,098,880
2,909,581

1,853.720
1,628,670

2,068.866
1,908,875

T otal...................... 9,793,340 10,709,071
1897.
1896.
A ver.prioew heat,w eek.33s. 4d. 25s. 2d.
A verage prloe. season..33s. 6d.
24s. Id

11,928,090
1895.
23s. 6d.
23s. Od.

12,310,448
1894
18s. 9fl.
20s. 7d.

Im ports o f wheat,owt.
Barley ......................
Oats
.......................
peas
........................
Beans.......... ..............
Indian oorn................
F lo u r ...........................

$29,709,922
50,976.282
70,892,569

Week.

Since Jan. 1.

$484,703
1,170,143
74,24?
7,614
26,258

$597,397
3,000,000
2,143,153
3,306,923
139,649
773,844
491,894

$1,762,966
1,735,911
1,164,680

$8,452,860
64,084,568
24,745,276

Exports.
Silver.

Im ports.

Since Jan. 1.

8outh A m erica.......
All other countries .
Total 1897.........
Total 18 96........
Total 1 8 9 5 .........

Week.

$950,896 $35,890,925
638,000
5,750
323.155
5,125
161,701
2,150
3,325
$953,046 $37,027,981
1,136,455 42,230,724
774,540 30,207,653

IMPORTS.

1896.
5,700,630
1,811,420
1,640,650
292.195
218,750
6,865.200
2,098,880

Week.

$979,660
15,477,473
11,780,000
534,382
2,030
185.937
750,440

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

Total 1897........
Total 1896........
Total 1895........

Im ports.

Since J a n .1.

Week.

The following shows the imports of cereal produce into
the United Kingdom during the first five weeks of the new
season compared with previous seasons:
1897.
4,720,100
2,194,215
1,706,070
325.630
399,550
5,529,700
1,438,300

LV
X,

Sin ce Jan. 1
$52,100
2,u06
2,321
314,082
1,123,781
772,543
41,707

$S63
2,049
21,956
30,045

$2,308,840
2,446,942
1,500,527

$54,913
109,817
5,660

— The “ Street Railway Journal” has made its October
Supplies available for consumption (exclusive of stocks on number a “ special issue” in honor of lhe Convention of the
American Street Railway Association, held in Niagara Falls,
September 11:
Oct. 19 22. In character of contents and typographical ap1897.
1896.
1895.
1894.
Wheat im ported, ow t. 4,720,100
5,700.610
8,440,700
8,332,707 pearance it is well worth attention__________________________

E n g lis h F in a n c ia l M a r k e ts —F e r C able.

The daily closing quotations for securities, etc., at London,
are reported by cable as follows for the week ending Oct. 22:
Sat.

L ondon .
Silver, per ounce....... d.
Consols., new, 2 \ p.ots.
For a c c o u n t...............
Fr'oh rentes (In Paris) fr.
A tell. Top. & Santa Fe.
Do
do
pref.
Canadian P acific..........
Chesapeake & Ohio.......
Ohio. Milw. * Bt. Paul.
Denv. & R io Or., p re t..
Erie, com m o n ...............
lBt p referred .............
Illinois Central.............
Lake S h ore....................
Louis v ibe & Naehvilla.
Mexican Central, 4s ..
Mo. Kan. & T ex., com ..
N. Y. Cent’l & Hudson.
N. Y. Ontario & West’ n
Norfolk & West'n, pref.
No. Pao. p ref., tr. reots.
Pennsylvania................
Phtla. & Read., per sh..
South’ n Railway, com.
Preferred...................
Onion Paciflo...............
Wabash, preferred___

Mon.

273ie 27 *16
1111%,, U U h e
11113,* U H >
10305 03-074
144
144
294
30k?
85
844
21 %
22
964
964
47%
47%
16%
16 4
39
39
105
1054
175hj 1 7 5 4
57%
58
67%
664
144
144
110
11 04
174
174
45 .
43%
53*8
535s
5891
5 ta78
1238
1280
104
1058
31%
314
22
224
194
194

Tues.

Wed.

273,6
11 14
111131,
03 -0 7 4
144
307g
841%
22%
974
48
164
39%
107
1754
59%
67 s,
15%
1124
17%
45%
544
59
134
10%
33
224
204

27%
11 14
111%
03 0 2 4
14%
31%
843,
224
97%
48%
164
394
107
175%
59%
67%
154
113
17%
454
54%
594
124
104
33%
224
203s

Thurs.

F ri.

274
27%
111 i 16 111%
1114 1 1 1 4
03-074 102-95
14%
14%
313s
30%
83%
84%
23
23%
98%
964
48%
48%
164
164
40%
39%
107
106%
175%
59%
58%
67
674
15%
14%
1134 1 1 2 4
174
174
45%
45
54%
54%
594
594
124
124
10%
10%
33%
32%
27%
27
21
204

@ 0 m m e * c t a la m T 2 $ W s c e I I a t t e 0 v t s 3^eu »s

City R ailroad Securities.—Brokers’ Quotations.
Ask.

Bid.
Atlan. Are., B’klyn—
Con.5a, g., 1931 ..A&O
Impt. 5s. g., 1934.J&J
Bl’eck. St.& Fal F.—Stk.
lstm or .,7s, 1900.J&J
B’way &7th Ave.—Stock
lHtmort.,5s, 1904. J&D
2d mort., 5a, 1914.J&J
B’way 1st, 5*.guar. 1924
2d ,5s. int. as rent’l. j.905
Consol. 5s, 1943...J&J
Met. st.Ry. gen. 5a, ’97
Brooklyn City—Stock...
Consol. 5s, 1941.. J&J
Bklyn.Crosst’n 5s.l908
Bkl’nQ’na Co.&Sub.lst
Bkl’n C.& Newt’wn—Stk
5a, 1939...............
Brooklyn Rapid Transit.
5s, 1945............... A&O
Central Crosstown—Stk.
1st M., 6s, 1922..M&N
Cen. Pk.N.& E.Riv.—Stk

$100
77
31
$105
200
100
$111
$117
$104
120
111
192
114
106
1 2
<
160
113
33%

198
$118
173
113
119
Christ’p’r& 10th St.—Stk 155
1st mort., 1898...A&O 102
3 And accrued interest.

Bid. Ask.
D. D. E. B. & Bat’y—Stk.
1st, gold, 5s, 1932..J&J
S crip........................
Eighth Avenue—Stock..
Scrip, 6s, 1914............
42d & Gr. 8t. Fe .—Stock
42d St. Man. & St. N .A v.
1st mort. 38,1910.M&S
2d mort. income 6s. J&J
Kings Co. Trac.—Stock..
Lex. Ave.& Pav.Fe» ry 5s
Metropolitan St. Ry.-Stk
Nassau Elec, 5s, 1944...
N. V.&Qneens Co.5s,1946
Steinway 1st 6a.’22 J&J
Ninth Avenue—Stock...
Second Avenue—Stock..
1st mort.,5a,1909.M&N
JDehentureSa, 1909. J & J
_
Sixth Avenue—Stock_
Third Avenue—Stock ...
1st mort..5s, 1937..J&J
Twenty-Third St.—Stock
Deh. 5s, 1903.................

103
80
33
100142
205
110
112%
118
108
121
112
194
116
108
103%

114
$100%
320
100
320
39
$116
70
44
119
102
96

114
180
120
108
102
190
147
121
300
103
110
1st 5s, 942.
$107
Westchest’r, 1st, gu.,5s $100

116
33*2
92
122
178
117
119*4
160
104

116"
102%
335
105
340
40
117
76
45
119%
103
97%
116
200
130
109
105
200
148
123

Gas Securities.—Brokers’ Quotations.
GAS COMPANIES.

Bid. Ask.

Bid. Ask

GAS COMPANIES.

B’klyn Union Gas—Stock. 123 125
People’s (Jersey City; —
11334
205
Con earners’ (Jersey City). 70
78
1013 102ia
4
Bunds. 6s, 1899..............
Jersey City & Hohoken... 185 195
Metropolitan—
Bonds....... 105
Bonds, 58.
..............
Mutual (N. Y.) .............. 350 360
N. Y. & Fast Riv. 1st 5s.. 111 113
103 110
Common ........................ 83
87
Con>ol. .................
105 106%

160
103
105
290
103
45
79
150
144
84
100

170
106
60
82
' 85*"
102

Auction Sales.— Among other securities the following, not
following are regularly dealt in at the Board, were recently sold at auction1
By Messrs. Adrian H. Muller & Son :
the imports at New York for the week ending for dry goods
October 14 and for the week ending for general mer­
Shares.
Shares.
20 Syracuse Gas C o .............. 29*3
chandise October 15 also totals since the beginning of the 100 Mex. N at. Construe. Co.
preferred......................... 10
3 W estchest’r Fire Ins. Co. 206
first week in January.
100 Kings Co. Kiev. Ry. C o.,
1% 200 Erie & P ittsburg RR. Co.131
I m p o r t s a n d E x p o r t s f o r t h e W e e k .— The

FOREIGN IMPORTS AT NEW YORK.

F or week.

1897.

Dry good*.......
Gen’l mer’dlse

$1,389,213
7,051,281

T o t a l.........
$8,440,494
Since Jan. I .
Dry goods....... $103,484,009
Gen’I mer’dlse 291,454,307

1896.

1895.

1894

$1,477,473
4,671,262

$2,663,230
7,858,970

$6,148,735

$10,522,200

$7,827,962

$89,606,247 $118,217,344
265,040,519 293,770,578

$69,806,457
271,584,170

$1,863,101
5,964,861

Total 41 weeks $394,938,316 $354,646,766 $111,987,922 $341,390,627

The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending October 18 and from January 1 to date :

100 Deadwood-Terra ^Mining
Co— $25 each. $1 20 per sh.
20 Eagle Fire Ins. Co.......... 250 4
5 N. Y . Life Ins. & Tr. C o.. 1130
15 Im porters’ & Traders’
Nat’l B ank.......................530
86 Lamar Warehouse Co_
_ 51
90 Paris Compress & W are­
house C o.......................... 15
46 Paris Oil & C otton C o. . . 86
25 Denisou Compress Co_ 76
_
50 Brazos Compress C o....... 26
25 Trenton Potteries Co.,
preferred..........
51
25 Ainer.Union Life Ins.Co. 69

14 L yk en s Yal. RR. & Coal
fco..................................
25
Bonds.
$5,000 Kan. City & Om. RR.
lets. (Cert, o f D ep osit)....... 34
$200 Ala. & Vicks. Ry. Co.
1st 5s, 1921. A&O.............. 80*4
$600 Ala. & Vicks. Ry. Co. 2d
5s, 1921. A & O..................... 70*4
$5,000 Ft. W ayne Gas Co. 1st
6s, 1925. J& J...................... 9213
$10,000 Syracuse Gas Co. 1st
58,1946. J& J...................... 971$
$1,000 Consol.Gas Co., B alt.,
consol. 1st 5s, 1939. J&J.109*4

gattkittfl and P i aa ncial
Spencer

EXPORTS FROM NEW FORK FOR TUB WEEK.

T rask

&

C o .,

BANKERS
1897.
F or the week..
Prev. reported

$8,630,510
316.826,419

1896.
$8,596,445
292,727,599

1895.

1894.

2 7 «fc 2 9 P I N E

S T R E E T ,

-

N E W

Y O R K .

65 State Street, Albany.
$9,382,884
258,256,154

$6,627,094
281.312,395

Total 41 weeks $325,458,929 $301,324,044 $267,639,038 $287,939,489

The following table shows the exports and imports of
specie at the port of New York for the week ending Octo­
ber 16 and since January 1, 1897, and for the corresponding
periods in 1896 and 1895.
1
s

_____________ V E S T M E N T S E C U R IT IE S .
IN
George B arclay M offat.

M

o

f f

a

_____________

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

t

&

W

h

i t e

,

BANKERS,
N o. 1 N ASSAU S T R E E T ,

.

.

.

N E W

IN V E S T M E N T S E C U R IT IE S .

Y O R K

THE UHRONIOLE.

OCTOBER 23

ja n k e r s '
DH

The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling par; Charleston, buying 1-16
discount, selling 1-16 premium; New Orleans, bank, par,
commercial. $1 00 discount: Chicago, 10c. per §1,000 discount;
St. Louis, 35 c. per §1,000 premium.

d b i^ e tte .

ID E X OH .
When
Books closed,
Payable. , (B a ys inclusive.)

S am e o f Company .
R a i l r o a d * ( S t e a m .)
M exican Southern Ltd.................
Sash. Chart. « St. I. iqu ar.).......
B io (Jraude W estern (quar.).......
S tr e e t H a l l w a y * .
A lbany (N.Y ) Ky. (quar.)............
Coliim ma (0.1 Street (quar.).......
Dry Dock E. B*y Jr But-. .V. V. jqr.i
St. OUarliM Street, N. Orl. (q u ar.);

United States Bonds.—Government bonds firm, the new*
4s having sold to-day 1 point above the previous highest
! record. Sales o f the week at t' e Board include $34,000 os,
coup., at II 0X to Haig ; $3,000 4s, coup., 1907, at 113#£to4
X Oct. 21 to Nov. 1 114: §23,*'00 4s, reg,, 1907, at 113}.£ to 1.2%, and #15 000 4s,
X Oct. 23 to Oct, 30 coup., 1935, a t 128. The following are the closing quotations ;

H

Nov.
Nov.
S oy .

1%
1
X%
1%

S oy ,
S oy .
Nov.
Oct.

Am erican Exchange N at.............
3*3
G e n n a a la .. .......... ......................... I 5
Pacific (quar.l.................................; 2
X r i i d t '« m t > a a l e » .
2
Hamilton, Brooklyn (quar.).......
.n u e r lla tir o ii* .
Anaconda C opper M ining.......... .
5
Chic. Pack. A Pro,*, p r e f..............
4
Hudson Hirer Telephone (quar.)
X
National Starch 1-t p re f.............
2
W estern Union Beef......................
2
H enry fi. W orthm gtou pref.......
3%

Nov.
Hoy .
S oy.

l 'O e t 23 to Nov. 2
X O c t 16 to Oct. 31
X.Oct. 23 to Oet, 3X

S o v.

ljoct

BauK *.

1
1

Nov.
Nov.
Nov.
Nov,
Nov.

763

4 Oct. 22 to Nov.
XiOct. 24 to Nov.

X O c t ■22 to Nov.
9 to O c t
1 9 ,0 ® .

4
2

1
x
s

26 to Oct. 31

1
X O ct
X Oct.
23 Nov.
X Oct.

22
23
13
21

to
to
*0
to

Nov, 1
Nov. 2
Nov. 24
Nov. 1

W A L L S T R E E T , F R I D A Y , O C T . 2 2 , 1 S 9 7 -S P . XI.

Interest
Periods.

2s,................ reg. Q.-M6h.

4s, 1 9 0 7 ............. reg. Q . - Jan.
4s, 1907........... coup. 0 . - Jan
is , 1 9 2 5 ............. reg. Q. - Feb
4a, 1925............coup. ( I -F o b .
5s. 1 9 0 4 .......... ..reg . Q .-F e b ,
33,1904 .........coup. Q .-F e b .
Ss,eur*oy,’ 9 8 ...r e g . J. * J.
: 6s,enr’c y ,’9 9 ..,r c g . J. & J.
As, (Cber.)1898. reg. March,
i i s . (Cher.>1899. reg.1 March. !

Oct.
16.
98%

Oct.
18.

Oct.
19.

98% * 98%

Oct.

20.

Oct.

21.

98%

112k 112% *112% 112%
!
1138,
1,25%
127
114%
115%

*113% 113% 113%
125% *126
126
127 *127
127
m % *111 114
*115% *115% 115%
102% 02% *102% 192%
>M
105% *105% *105% *105%

102%i*102% *102% 102%
io2%;*io2%i *102% 102%

* This is the price bid at the m orning board ; no sate was made.

The Money Market and Financial Situation.—'There
United States Sub-Treasury.—The following table shows
was evidence during the early part of the week that the
liquidating movement which had been in progress in the the daily receipts and payments at the Sub-Treasury:
stock market for a month or more was practically over.
J
Balances
*
This was shown in the limited offerings and advance in Bale.
Payments.
Receipts.
Coin.
t/om Om Ps j Currency.
prices when buyers appeared. But the course o f business
towards the close indicates that a tendency to caution gen­
S
erally prevails and that at present Stock Exchange opera­ O c t 16 2.104,202 3,004,841 148,972,579
463,834: 52,033,015
4,998.812
5.734.079 148.981.7*6
548,1721 51,201,223
“ 18
tors are disposed to sell when a good margin of'profit is
'* 19
2,307.107
3.163,1- 89 149,039,872
792,100 50,296,127
available. This is natural in the light o f recent experiences.
2.664,187
3,080.201 148,996.195
557,765 50.207,621
** 20
There is no change of importance to note in the general
2,557,536
3.021,936 148,984,366
" 21
613,150! 49,099,660
3,517,149 148,964,749
3.317.2*1
“ 22
826,931 50,305,593
situation. Railway earnings are keeping well up to the
favorable reports recently mad** except in the few cases j T ota l., IS ,249,105 20,521,901
which are affected by the restriction upon truffle in the
South, and this restriction will doubtless soon be removed
Coins.—Following are the current quotations in gold for
by the advancing season.
coin s:
The local political situation is increasing in interest as Sovereigns...........$4 84 </$4 83
Fine Silver ba rs.. — 59 ,1 — 60
file campaign draws to a close. Although its influence upon Napoleon*............ 3 S3 it- 3 83
Five fran c?.......... — 93 a — 90
business, not strictly of a local nature, is largely a senti­ X X Keiehiuarka. 4 74 » 4 78
M exican d ollars.. — i 5 % it — 47
Peruvian sol?___- 41 a — 44
25 Pe*eto*............ 4 78 it- 4 81
mental one, the whole country apjmrently is regarding the
English silv e r... 4 80 it 4 85
i Siian. Doubloon*. 15 SO ail 8 70
outcome as more or less significant.
Mex. D oubloons, 15 50 4 1 * 70
0 . 8. trade dollar* — 00 S
> 70
The condition of the foreign exchange market Is some­ Fine gold bar*... par ® % prom.
what peculiar. While our credit balance is accumulating
State and Railroad Bonds.—Sales of State bonds at the
abroad rates for exchange are nearly steady at a point which
does not admit of a free import movement of gold. It is Board are limited to §20.000 Tennessee settlement 3s at 8Sf^
,
reported that long bills art? being used as collateral for I to 3 VS and #3,000 ditto small bonds at 81.
The market for rail -vay bonds lias been moderately active
loans in this market, but if so the amount absorbed in that
way fa limited. The money market is easier on a decreased ; and somewhat irregular with the tendency o f prices upward,
although in most cases there has been some reaction from
demand from out o f town. Rates are lower.
The open market rates for call loans on the Stock Ex­ the best quotations o f the week. The strong features are
change during the week on stock and bond collaterals have Atchison adjustment K Brooklyn Rapid Transit.. Erie, Fort
ranged from 2 to 2! i percent. T o d a y ’s rates on call were Worth & Den. City, Kan. City Fitts. & Gulf. Mobile & Ohio
2 to 2 s» per cent. Prime commercial paper fa quoted at 4s, San Antonio & Aransas Pass and Texas & Pacific Sds, in
|which the advance is from .about l to 5 points. Special
4 to 5 per cent.
The Bank o f England weekly statement on Thursday activity is noted in the Atchison, Chesapeake & Ohio, Chi­
•bowed a decrease in bullion of £141,359 and the percentage cago Terminal, Erie. Kansas Pacific, Missouri Kansas &
of reserve to liabilities was 48*30 against 43*71 last week: the i Texas, Norfolk & Western, Northern Pacific, Oregon Imdiscount rate remains unchanged at 8 per cent. The [Sank j proveraent, Oregon Short Line, Reading, Rio Grande Wesfcof France shows a decrease o f 1.273,000 francs in gold and j era, St, Louis & San Francisco, Texas & Pacific, Union
j Pacific, Union Pacific Den ver & Gulf and Wabash bonds.
an increase of 975 000 francs in silver.
The Ne%v York City Clears tig-House banks in their state­
Railroad and Miscellaneous Stoeks.—There was a stead­
ment o f Oct. li> showed an increase in the reserve held of
§984.600 and a surplus over the required reserve of #14,- ily increasing demand for stocks at advancing prices during
the early part o f the week. The market was' dull on Mon814,300, against #13,485,300 the previous week.
|day as the offerings were limited, and it was apparent that
only at higher quotations would active business be resumed.
IH tf'ren tfr’ m
1897.
1806.
1895.
Oet. 16. : f ree. meek. i del. 17.
On Tuesday there was some increase in the volume o f busi­
OcL 19,
... ... - ............ 1
ness. and "on Wednesday the aggregate sales were over
59,022.700
................
Capital............. .
80,022,700 62,022.700 400,000 shares. Prices advanced an average of nearly 4
S urp lus................ 7 4 ,4 4 o .i0 0
................
73,390,200 72.603,700 points for the active list and 5 points or more in the case of
bean* A <IIWnt«. !W59.117 .» »0 Doc.3,61 MOO 4 5 6 ,139.300 504.320,300 Manhattan Elevated. Pittsburg Cincinnati Chicago & St.
C ir c u la tio n ....... 15.860,700 In c .
46,600. 20.521.100 14,131,100 Louis, both common and preferred, American Sugar and
Not deposit*........ 61S.OT0.U0O Deo. 837.000 453.693,200531,924,100
This advance influenced selling for
S p e cie .................. 94.ss0.7tKi Inis. 936,200 59,136,400 61.S3I.900 Consolidated Gas.
Legal tend ers.. . . 73,717,700 [n e.
20.100 66,198,500 80,309,300 profits, which the bear element took advantage of, and
some reaction has followed. Chicago Gas has been the most
R eserve b ald....... 168.634,400 In e. 964,600:125,334,900 143,361,200
Legal reserve . . . 154.01s.90o Dec. 104.400 113,423,800 132,931,025 active stock on reports of an alliance with competing com­
Barpht-t reserve i-l.6 U ,‘.no .Ine.1,129,000' 11,911.100 15,380.175 panies. Pullman Palace Car shares declined nearly 8 points
on announcement of the death o f the company’s President;
Foreign Exchange.—The market for foreign exchange a large part of the loss has been recovered. The following
has been steady to firm on a limited demand. Some long table shows the closing prices last week, the highest this
bills are being absorbed for use as collateral here, which has week and the closing to-day o f a few prominent stocks.
Closing
0 losing
a tendency to keep the market steady.
ast WfcJc. Highest. tod a y.
To-day's actual rates of exchange wero as follows: Bank­
95%
96%
Btiriinrton A Qttiney...............................
er?' sixty days' sterling, 4 68J
jot;-l O-1;*: demand, 4 BA%®
90
94%
4 85 : cables. 4 KSV * 4
prime commercial, sixty days, ! North
........................... ................
126%
124%
8*%
87%
.. 85%
4 81 S * 1 82j documentary commercial, sixty days, 4 81-4® Book l *lan 4................................................
33
31*8
: Missouri P a c ific . *...................................
4 31 •
Posted rates of leading bankers follow :
80%
82%
I St. Patti < Onmh a ....................................
v
.. 77%
October 22.

1 Sixty day#. \

Demand.

Prime
tie r ling Mite on London : 1 82% if 4 S3
4 8 5 « 1 85%
4 8 1 % » 4 82
J>omirt*©olary com m ercial. . . . . . . . . . . . . . . . 1 81 % » 4 81%
4
Pari# banker** f?r■*!*&»».... . . . ..,* * ,* .* * ..! S i l t , a o 21% 5 19%-5 18*i*
ifla U d iiM B (gmlitmMi bankers.. _________ j 39% ® 3t» a
4 0 % «4 0 S 18
F rankfort o r Bremen irptehmnrkul bakers 9 4 % »0 4 U -* 93% *93*16

Illinois i ’eatral......................... ...............
Louisville & N ».n riU n ...........................
'it rnrirO O. * - i. Louis....................
Pittsburg o. 0 . A 8t. Louis, preferred.
New York Central .......... ...................... .
Maolmtt.iii Klevateil...............................
American s u g a r .......................................
Cbicwro Gas................................................
Consolidated Gas.....................................
V. S. Leather, p referred .........................

..100%
..1 38%
..2 07

104%
59%
34%
70%
110%
106
145%
96%
213
66%

103
57%
32%
68
109%
103%
143* q
96%
213
65%

THE CHHOxNICLE.

7 6 :

[ Vo l. L X V

NEW YOKE STOCK EXCHANGE— A C T IV E 8T00K S for week ending OOP. 2 i, and since JA N . 1, 189T,
HIGH EST AND LOWEST PRICES.
Hatttriiuy, : M onday,
londay,
■'
Oot. 10 j Out. 18.

i ______ ,
, Tuesday, (Wednesday,. I Thursday, I Friday,
________
1
| Got. 19. I Oot. 20. I Oot. 21. I Oot. 22.
H>.
Oct.
| Got.

STOCKS.

Sales o f
Range fo r year 1897.
the
[On basil o f loo-shart lots, i
V ©ifc
* C i!,,
.....
..... . , i..„|
I
Shares.
Lowest.
H ig h est

A c t i v e B 8 , S to c k .* ,
5,260
13t% 135e A tchison Topeka & Santa Pe.
14
14%
13% M
14
14%
9% A pr. 19 17 Sept. 18
Do
prof. 28,867 17 Apr. 19 35% Sept. 8
30
30% | 29% 29 % ’ , - 29% 30%! 30% 31%
2,690
9 Ju ly 10 21% Sept, 20
15% 16%
15% 15% 14»e 15% 11% 14 V g a ltim o r e & Olxlo
11,500 18% Jan. 7 37 Sept. 13
33% 34% 33% 34 ,B rooklyn Rapid Transit
32% 33% 33% 34%
102 46% Mar. 29 81% Oot. 14
81% 82%; 480% 80% *81% 82% 8 0 % 81 Canadian Paolllo
3,070 44% Jan. 13 62% Sept. 16
57 Canada Southern....................
---------"
"■
55% 58«h| 56% 57% 56% 57 I " 56
7,008 68% M ay 24 103% Jan. 19
94% 047e! 94% 96% 94% 96% 94% 95 Central o f Ne w J ersey............
300
*10% 17% Central Paolile..........................
7% Apr. 20 18 Sept. 28
17
18
2 2 % 2 2 % Chesapeake & O hio................. 27,385 15% Mar. 29 27% Aug. 30
22 ■ 22% 22% 234}
'
1% 21% 21% 21%' 21% 22
160 . . . . . . Chicago & Alton ......................
*160
§147 July 22 §170 Mar. 1
161
*162
161
*161
95% 90% 94% 98% Ohioago Burlington A Quincy 109,069 69% Jan. 5 102% Sept. 20
95
93% 95%
92% 93%! 93% 94%
9«%
SI
89 iChicago & Eastern Illin o is...
*54
09
•51
59
59
37% June 7 61 Sept, 8
*54
59 ! *58
*53
59
Do
prex.
*95
......... 99
99
§ 95 Jan. 8 103 Sept, 14
*95
99% *......... 99
*95
99% ____ 98 |
15% 16%;ckicaKO Great, W estern ......... 37,471
15% 16%
16% 17
16% 17
3% June 23 20% A ug. 12
15% 15%; 15% 15%
715
59%
9% Clllo. Indianapolis & L ouisv.
9%
•9
10 I wg
9%
9%
10
9%
9% Oct. 13 13 Aug. 31
9%
9%!
501 26% July 30 38% Sept. 1
31%
Do
F
pref,
32%
•31
32
32% 3 2 % ! ------ 32% *30
*31
32
82% 30
9 6 % 9 4 % Chicago M ilwaukee & St. Paul 138,801 69% Apr. 191102 Sept. 15
94% 96
94% 95%
92% 93%' 93% 94
1,166 130% M ay 6|146 Sept. 4
140% 140%
Do
prel’.
139% 139% *139% 140 4139% 139% 140 140
1393i 140
fc
13,755 101% Apr. 19 132% Sept. 15
122% 122% 122% 123% 123% 125
125% 126J* 124% 126% 123% 125 Chicago < Northwestern
100 153 Jan. 12 165% Sept. 22
....................„
Do
pref.
....................1*161 • 164
....................
85% 86%
86
87%' 80% 87%
87% 88% 87% 88% 80% 87% O liloagoR oeklsland& P aelflo 57,174 60% Apr. 19 97% Sept. 20
82% 79% 80% Chicago St, Paul Minn. & Om . 21,260 47 Jan. 2 89% Sept. 16
77
77% 77% 78% ’ 7*% 80%
80% 82% 81
404 133% Jan. 18 148 Ju ly 28
|139% 139% *141 146 ,*142 146 *142 146
144% 145 *140
145 _
Do
pref.
8,360 21% June 1 41% Sept. 15
36% 38% 36% 37% Cleye. Clnoln. Ohio. & S t L ...
33% 34%! 34% 35
35% 36%
36
37
120 63 June 16 86% Sept. 8
........................ , Do
pref.
80
80
................... ....................! 484% 84%
1,654 99% Apr. 1 123 Sept. 18
114% 114%' 115% 115 V 116 116
116% 116% 116 116 D e la w a re * H udson................
117 117
1,660 146% M ay 20 164 A ug. 12
155 155% 155 158
.......156% ‘ 154 156% DelawareLaokawannaffcWest
156 157
156% 156%
*12
ir
180
12% 12% *11% 1 2 % D enver & R io Grande
12 - 1
*12% 13% *12% 13%
9% Apr. 20 14% Aug. 14
46% 48%
1,600 36 Apr. 20 50% Aug. 16
46
46%
*46% 47% *45
47 „
DO
pref.
40% 47
46% 47
940 11% Apr. 19 3 9 Sept, 16
16
16
16% 15% 15% E M e...........................................
10% 16% §16% 16%
...
„
16% 16% 16
2,177 27 A pr. 19 46% Sept. 16
37% 37%
39% 38
38
Do
1st pref
38
38%
38% 38% 39% 39% 39
*20
21
150 15% M ay 24 25% A ug. 12
21
22
*20
22 „
Do
2d p ref.
21 21 j *21 ' 22 * 20 % 22
*135 140
135 140 ‘ 135 140 Great N ortkern, p rel. _
135 140 i*135 140 *135 140
120 Jan. 16 141 S ep t.' 4
§102 102
4,394 91% Apr. 191110% Aug. 7
102 103% [ 103% 104% 104 104% 103% 103% 103 103% H knolsCentral................
100 6 A pr. 15 13% Sept. 4
■9 i o
*9
10 Iow a C entral.................. .
9
9
*9
9%' *9
9%
*9
10
*31% 33
500 23 June 8 41 % Sept. 4
33
33 I 33
33
33
35
33% 3 3 % , ^ Do
pref.
33
33
18% 18% *17% 18% D akeE rie & W estern..............
*16% 18%
245 13 M ay 11 22% Sept. 18
17
18%' §17% 17% 19
19
. 75
75% *74% 75%
*75% 77
*75
77 T ^ Do
pref.
_ 75%' 76
76
700 58% Apr. 1 79% Sept. 20
76% 77
*170% 171% ------ --------- *171 173 *172 174
172 % 172% *171
175 Bake Shore & M loh,Soathem .
171% 171%
200 152 Jan. 2 181 Sept. 16
*40
45
40% 40%: 40% 41
-40
43
'4 0 45 Dong Island.................................
580 40 June 10 55 Jan. 8
*40
45
55% 56
56
56% 57% 58%
„„
57% 59% 57% 58% 56% 57% L o u isv ille * Nashville............ 54,823 40% Apr. 19) 6378 Sept. 3
a,
■ t.1 ~
100% 101% 100% 101V 101% 102% 102 106
102% 105% 102% 103% Manhattan E levated,oon sol.. 36,246 81% M ay r 'H'~
6 i 3 S ep ■ - 0
*120 ....
................... M etropolitan T raction............
119 122 ,*119 122
--142 996s M ay 3 125 Sept. 3
121 121
*102 104 §102% 102% 103 108
1,220 90 Jan. 2 8 j l l l 78 Sept, 16
106% 106% Michigan Central......................
106% 108% *106 108
*24
26
•25
27 M inneapolis & S t L ou is.........
'24
26% *24% 26
200 16 M ay 14 31% Sept. 16
26
26% ■25% 27
*84
85
*84
85%. §86 86
214 77% Mar. 18 90 Sept. 16
84% 84% •85% 87
§85% 85%
Do
lB tpref.,
154
55
*54
55% *54
55
300 46 Feb. 26 62% Sept. 16
*56% 58
55% 57
"55
57
Do, _
2d pref.
*14
14% 14
14% 14% 14% 14% 14% *14
3,748 10 Apr. 19 16% Sept. 16
14% *13 % 14% M lssonrlKanaas & T exas___
33% 34 i 34
34% 35%
35
35% 36% 35% 36
34% 34%
Do
pref. 11,559 24% A pr. 19 42 Sept. 15
28% 29%' 28% 30
%
29% 31% 31% 33
68,752 10 M ay 6 40% Sept. 7
31% 32% 30 % 31 ■ M issouri Paoifio.
‘ 25% 28 i *25% 28
*26% 28
*27
29 M ob ile& O h io........................
*27
29
100 18 June 3 32 Aug. 19
28
28
106% 107%! 107% 108%
_____108% 109%
109% 110% 109% 110% 108% 109% New Work Central & Hudson. 46,723 92% Feb. 18 115% Sept. 16
13% 13%, *13% 14% *13% 14
14
14
*13
14% New YorkOM oago & St. Louie
750 11 Feb. 11 17=8 Sept. 3
14
14
‘ 70
80 : ‘ 70
80
*70
80
*71
76
200 67% A pr, 15 81% Sept. 4
75
75
*70
76
Do
1st pref.
*33
36% 36
36
34% 34%
35% 35% *35
36% *35
36%
Do
2d pref.
550 24 Feb. 10 43% Sept, 20
-178 ISO *178 180 *179 181 *179% 182 *180 183
T 80 182 N ew Y orkN ew H aven & Hart.
100 160 Feb. 2 §186 Sept.20
16% 16%
10% 17
10% 16%
16% 17% 16
6,987 12% Apr. 19 20% Sept. 16
17%
16% 16% New YorkOntario & Western.
*16% 18
*17
18
*17
18
17% 17% *17% 19 New Y ork S u sq .& W est, new.
18
18
500
6% M ay 28 20 Sept. 16
§33% 34
33% 35% 35% 36%
36
36%
36% 37
36
36
Do
pref.
2,350 18% M ay 20 45 Sept. 17
*13
15
*15
16
*14% 16
16
13
15% *14
§15
15 N orfolk & W estern ...........
10
9 Apr. 19 17% Sept. 10
43% 4 3 % 43% 44
43% 43%
44
43% 43%
Do
pref,
43% 44% 44
4,125 22% M ay 5 45% Sept. 4
19%
18% 18% 18% 19% 19
19% 19%
19
19%
18% 19% Nor- Paolflo By. votin g tr.otfs. 8,943 11 A pr. 19 21% Seot. 16
51% 51% 51% 52% 52% 53%
52% 53% 52% 53% 52%
52%
Do
p ref. 50,229 32% Jan. 5 57 Sept. 16
*33
39
*32
38
37% 37% *35
40
*37
40
*35
39 Or. RK. A N av.C o. vot.tr.etfs.
1.00 16 June 8 41 Sept. 10
*65
68
•65
70
*65
70
*65
70
68 68 *65
69
D o p r e f.,v o t. trnst.ctfs,
100 37% Jan. 8 73% Sept. 11
*18%
* 1 8 % ......... *18% 19% 20
2 0 % §19% 19% *18% 20 Oregon Short L in e .................
615 17% July 9 23% A ug. 16
28% 29
29
30%
30% 32%
32% 34% 32% 34% 31% 32% PittsburgClnn, Ohio. & S t L
36,428 11% Mar. 29 34% Oot. 20
‘ 63% 65
66
68 | 68% 69%
69% 70% 69
69
67% 68
Do
pref,
5,539 44% June 25 70% Oet. 20
23% 24% 24
24% 24% 24%
24% 25% 24% 24% 24
24% Reading, voting tr. oertlrs... 14,456 f 16% Apr. 19 29% Sept. 18
50
50%
50% 51 i 50% 51%
51% 51%
51
51%
51
51% 1st pref., votin g tr. oertlfs. 15,601 138% Apr. 19 57% Sept. 20
*30
30% 30% 30% 30% 31
30% 30% .29% 30% 2d pref., v otin g tr. oertlfs.
31
31%
4,720 122% Apr. 19 35% Sept. 20
*22
25
—
—
*22
25
‘ 22
25
*22
25
*22
25 R io Grande W estern____ _
14% June 26 25% Sept. 10
*53
57
57
67
55% 55%
56% 56% *56% 5!)
56% 56%
Do
prex.
631 §25 M ay 26 59% Sept. 10
7.
§7
6% 0%
7
7%
7%
7%
7%
7%
*7
7% S t Jos. & G d .Is l„ vot.tr.otfe.
1,440
3% June 14
9% Sept. 2
4B
45
45
46
47
46% 47
47% 47% 46
1,019 87%, June 10 52 Sept, 1
46
Do
1st pref.
*15
18
15
16
*15
18
16% 17
10% 17
§16
16
Do
2d pref.
902 10% Ju ly 28 20% Sept. 2
*60
61
*60
61
*60
61
*60
61
*60
61
*60
61 St. L ouis A lt. & T . H.,tr.reots
59 Aug. 16 62 M ay 20
•6
6%
•6% 0%
6%
6%
6%
7
6% 6% *6% 7 St. L. & San F r., vot. tr. otfs. 1,100 4 A pr. 19 9 A ug. 12
*50% 51%
51% 51% *50% 52
51
53%
52% 53
51% 52%
Do
le t pref.
2,639 37 Jan. 29 57% A ug. 12
*19% 20
*19% 20
*19% 20
20
2 0 % 2 0 % 2 0 % *20
20%
Do
2d pref.
1,567 12 A pr. 15 22% A ug, 12
*1%
5 % §5%
5%
§6
6
*4%
5%
*5
5%
‘ 4 % 5 % St. L ouis Southwestern...........
115
7 Aug. 16
1 Apr. 1
9%
0%
9% 10
10
10
10% 11
10% 10% 10% 10%
Do
p ret
1,032
3% Apr. 1 14% Sept. 3
*20
23
*20
23
*20
23
*15
22
§2 0 % 2 0 % *20
23 S t.F aul & D n la th ..
23 20 Jan. 4 30 Sept. 10
* ..
84
■
......... 84
......... 84
*75
84
84
*80
83
Do
pref.
§72% J u ly 16 87% Oct. 4
*121
.25
121 128 *121 125
120 123 *121 124
121 124 S t P aul Minn. & M an itoba ...
114 Jan. 28 125 Aug. 6
10% 19% 19% 20
20
20 % 2 0 % 20 %
21 21% 20% 21 Southern Paoiiio Oo.................
2,610 13% Jan, 13 23% Sept. 8
9% 10 | 10
10% 1 0 % 1 0 % 10% 10% 10 % 10 % 10% 10% Southern,voting trust, eerttf. 4,915 7 Apr. 19 12% Sept. 10
30% 30% 30% 31%
31% 32%
32
32% 31% 32% 31% 31% D o pref., voting trust, cert. 15,532 22% A pr. 19 38% Sept. 10
11
ii
11
11% 1 1 % 1 1 % 11% 12
1 1 % 12
11% 11% T e x a s * P a o lllo ---- . . . . . . . . . . .
3,578
5 Apr. 1 15 Aug. 30
1120*3 2 1 % U20% 21%
20% 27% 26% 27% 25% 26% Un. Pao. tr. reo„ 2d Inst. p d . 75,275 14% A pr. IS 27% Oct. 20
8
7%
8
8%! 8% 8%
8% 8%
S%
8%
8%
8 % Union Paotflo D e n v e r * G u lf.
6,340
1 Apr. 24 11% Sept. 23
7%
7%
7%
7%
7%
7%
7%
7\
7%
7%
7%
7% W a b a a h ..„ .
....... .
£,389
4% Mar. 29
9% Sept. 7
187b 19
19%
19% 10%
19% 20%
19% 20%
lo ss
19%
Do
pref.17,530 A pr. 19 24% Sept, 0
11%
3
*1 %
*1%
3
2% 2% *1% 3
*1% 2%
1%
1%; W h e e lin g * Lake E rie...........
310
% J u n e l ! 6% Jan. 2
....................
Do
p re t
2% Apr. 15 29 Jan. 5
I M i s c e ll a n e o u s S t o c k * .
20% 21%!'
22% 22% 22% 23
, 22
*21 23
22
22% A m erican C otton OH Co
2,022
9% May 28 26% Sept. 2
*74% 7 0 igj 75
75
174% 76% . 75% 75% *75
70%; §76
76
302
Do
Feb. 16
1
10% 10*%[
10% I t
11% u% ’U% 11 % 1 1 % Amei'lean Spirits M fg. C pref. 2,579 52% A pr. 23 80% Sept. 6
o___
•'
9%
15% Aug.
$28% 28 %
|
28% *28
80 : *28% 30® §28% 28%
Do
pref.
146 26 Jan. 5 36 A ug, 5
138% 139% 138% 141% 140% 143%j 143% 145% ’ 143% 145% §28% 23%
f42% 144% A m erican Sugar Refining Oo- 199,263 109% Mar. 29 159% Sept. 3
*113% 114%) 114% l f g
115*8116-’h 115% 110%! 115% 115% 115% 115%
Do
pref.
1.173 100% Jan. 7 121% Sept. 4
80% 8l% ! 81% 81%
81% 82% „ 82% 8 4 V. 828b 83%
m 82% fisS
81% S3 A m erican Tobacoo C o......... . 46,539 87% Feb. 15 96% A ug. 9
*109 113 j 109% 109% *109% 113 1 - - o
‘n o , n o
n no
110 110
Do
pref.
510 100 Feb. 11 115 Aug. S
6%
6%
Ob
0
6%
6%
6%; . 6%
6%
5%
6% Bay State G a s ......................... 56,618
5% Oct. 13
93% 94*14 03% 94%
91% 94%
93% 00% ’ 95% 96% 94% 96% Chicago Gas Co., eerta. o f dep. 177,661 73% Jail, 5 16% A ug. 7
209 212 ; 211 213
108% Sept. 18
208 212
210 211 ) 210% 812% 211 213 Consolidated Gas C om p an y ..
8,914 136% Jan. 2 241% Sept. 16
*32
38 j .*33
38
.34% 36
36
3 6 % 35
36% *33
38 Consolidated fe e C o ... ...........
700 30 June 16 41% July 19
$86
86
88 % 90
OQ
88
8 9 % ‘ 88. 89
Do
p ref.
520 80 June 16 90% J u ly 29
33% 34 1 3 3 %
"34*4 34%
7 V,
3 a% .33',i ”3 4 " 3434 General Eleotrlo Go.
7,469 28% M ay 17 41% Sept. 15
33% 34 ! 34% 35
34% 35% 3 5 % 36% 36
36%
34% 36 National Lead C o, . .
8,361 21% Feb. 16 44 S ep t.1 0
103 105 ♦106 105 §103 105% §104% 10.51
§105 105 §105 106%
Do
pref. . 193 88% F eb. 13 109% Sept. 10
32% 32% 32% ao*ej 33% 33%
33% 34%
32% 33% Paolile M all...............................
7,262 24 Jan. 9 39% Sept. 2
57% 57% *5-3% 59% *59
60
*58
59% 58
59 Silver Bullion CertltS oates___
1,000 51% 'Aug. 27 65% Jan. 27
*5%
0%
i>%
5%
5%
p7a 8 _
5%
5%
§5%
5% Standard R ope & T w in e ..
s
’o-a
o *3
1,146
27%j
3% June 29 11% .Tan. 19
2 ,'B
27% 28% 23% 29% 27
29%
27% 28% Tennessee Coal D on * R R . . . 20,906 17 M ay 20 35% Sept. 9
*7
7%;
7%
7%j
7%
7%
7%
7%
' % 7% U nited States Leather Co.......
1,192
68
6% M ay 22 10% Aug. 23
83%
b3%| 63% 6 “
65% 66%
65% 65%
64% 64%|
Do
pref.
3,844 50 A pr. 22 72 Sept. 1
l ? s 16%
4
16% 10% *16% 17 j - 17
m
17% *17
18
‘ 16 % 18 % United States F nbber C o.......
1,015 10 June 3 25% Jan. 19
67
65% 65% *64
60 |
I)o
pref,
500 •50 Julv 20
87% 87% 1 87% 88%' 88% 89%j , 11% 90%
90%, 89
c u . obwmu
39% ^88 o8S%.[Western Union Telegraph___ 17,451 75% M ay 7 76% Jan. 5
96%. Sept. 11
;
1
fro m A p r ils { Before paym ent o f any.inrtai. H ist l a s t e d
13% 14%'
13% 13%
2 8 V 29% 2t>%- 30
*1S
1 a oj 15% 15%;
31% 32% 32% 33 % ’
82%;
*B1
82% ‘ ■ "'
32
55%
5-1
64 |
^55
.9 2 % 113 I93
94%
*16% 17% 17%
17%

THE CHRONICLE.

OCTOBER 23, lSyl.J
S(4.y r*»

* STUCK. B’Ci!KvWB U KICES ( Co«iU aih I I
C
c —

Oct. 22.

I sa c t iv b Stock *.
1 1ndicate* unlisted.

Bid.

R a ilr o a d S to ck * .
A lbany A Susquehanna---------- 100
Ann A r b o r ...,. . . . . . . . . . . . . . . —.100
P referred................
100
Buffalo •{■.Chester & P ittsbu rg 100
.................... — -100
Preferred
Burt .'elar Ranids & N o r... .100
Chicago a w l V est. pref. A ... 100
Preferred B ............................ lo o
C lere . ■i * P ittsb u rg .. .
..S O
Co!, Heck Valley A T o !............100
P referred ...................................l o o
Dae
i Ft. D od g e...........100
Preferred ...............................10*.
Duluth w. shore & A tla n tic 5 -100
P ref '^redf! ...................... ..... 1 0 0
Erarisyllle Sc Terre H aute......... SO
P re te r rn l.......... .
5t
P ilo t & Pere Sdarquette.............100
P re fe r r e d ........................ . . . . . 1 0 0
P ort Wor h A R loO raad e____ .100
Ureen Bay v- * e-stern.............. 100
Deb. certfs. A.......................... 10OO
Deb. or rtf* B ........................ 1000
K an*as City Pitts * G u l f ....... 100
■ eokuk * Des Mulosa--------------100
C
P referred ....................................l o o
M *xlcaD Central.................. ....1 0 0
M ex ican National tr. e tf# .........XOO
M irri* a K ts e x ..------ . . . . . . . . . 50
M il h, C h a tt & St. Louts.......... 100
SC Y , A Harlem ......................... So
,
> V. Lao*. A W estern...............100
•
Ps n n s r iv a a ia ...................
. . . 50
Pa Orta D e c a t u r * Kvaa*rtUe..tuO
Peoria * ■Aster .......................1 0 0
put*. Ft. V . & Chic, guar.........l o o
Ken Mtetaer * Saratoga- . . . . . . .100
Borne W .tertouru * Ogden*-----100
Wisconsin Cent. ro t. tr. rtf* . . l o o
•No price F riday

Range (t a l a ) in 1897.

Ask.

L o w e s t.

4
:25 k
23
2
4
3
12
14
12
6
7
5k
Ik
Ik
lk
16s 170 162k
70
298
119
103 k
115 k a s
k
!• *
V
4
3k
107
150
131 i¥a" 177
11)5
113k
1
:2 k

latest price this week.

Apr.
Sept.
let).
Mar.
Aug.
Mar.
June
Jan.
Feb.
Jau.
Jau.
June
Feb.
May
May
Mar.
June

9 Aug.
29% Sept.
1% Aug.
28 k Jan.
9% July
2% Aug.
170 Aug.
88 Bern.
324 Afar
122 Mar.
U 9 Sept.
3% Aug.
8 k Aug,
172% Aug.
185 Jan.
1 2 1 k «*pt.
4 % Aug.

(N A C T tV E STOCKS.

SECURITIES,

Ask.*

Highest.

Lowest.

163

14 7 k Feb.
42 k July
140 113 Apr.
11 3 k 109 k Jan.
9 1 k 85 k Jau.
85 Jan.
102 k-M ay
23
15 k June
90
73 Sept.
6%
3 k June
1 6 2 k May
35 Feb.
20 Jan.
50
101% Jan.
105*
97 Feb.
6 3 k Apr.
4 6 k 2 9 k Apr.
43% 22 May
95
7 0 k Alar.
55
40 July10 July
42 May38 Apr.
60
13
...... 10 May
3 May
4% May
S
60 k June
98 May
3% Apr.
3 k Aug.
6k
340 Alar.
152 Jan.
3
I k June
8 Apr.
U
102 Jan.
65 Apr.
6 A pr.
37 Feb.
40
110
97 Jan.

SECURITIES.

Bid.

BONDS OCTOBER

160% Oct.
43 k July
125 Jan
119 S ep t
94 June
137 S ep t
1055# Apr.
27 % S ep t
85 May
7% Aug.
1 6 2 k Alay
3 7 k Jan.
51 S ep t
13 2 k S ep t
1 1 5 k Aug.
76 S e p t
50 Aug,
49 % Aug
96 Aug.
50 May
14 S ept
61 S e p t
60 Aug.
2 3 k Aug.
13 Aug.
8 k Aug.
97 k S e p t
120k S ept
6% Aug.
10% Jaa.
340 Mar.
185 S ep t
1% AUg.
13 Aug.
151 S ep t
80 July
9 Aug.
48 July
112 Aug

94

SECURITIES.

Ask.

Bid,

Ms—our! -t-'un .l_______ 1*04 ■1* > •
< .* ,
North Carolina—6«. o ld .............t&J 1 ___
Fund; n# a c t........ ................. l Ooo
N«w iMiads. JA--1.........18D2-IH08
Chatham K K ...................................

97 k

Tennessee—6s, o ld ..........1892-1898
6s,
w bon ds.......... 1692 8-1900
Do
New series— 1fl 14
C om prom ise, 3-4-5 6*....... ..1912
New settlem ent 3 s.................1913
Redemption 4 s................ ....1 9 0 7
Con*«Udut«*d 4 » ................... 1910 1 0 2 k
.*!
1913
Do
4 k * .........
0# ...........................................,11*19 12*3
Penitentiary 4 k#........ . . . . . 1913
South Carolina—4^4* 20*40.. 1933 103
Virginia funded debt, 2-3#..., 1991
. d
a
. ____ . . . . ___
■», deferred t'st reo'ts. stamped.
.........
w eek

case*.

en H u g

Loans,

S p e c ie .L e g a lt. Deposits,

t o t New Y »ik *a.ooo,o * l.e »2.e *i3.s«().o;*2.2lo,o: *1,140.0 *13.540.0
Ms : »?. -.1, *-o......... 2.050.0. 2,006,11 15,400,0; 2.660 O: 1,484,0; 16,850,0
Matrebante*.
2.009.0. 1,014,1. 1»,05S,»| 2 666.7) 1,1*31.1); U , 106.1
Met: Statues*
1.087.0 8.043.0
2.000. 0. 2,042.5 9,180,0: L ids.”
America ...
l.Soti.O 2 .i.i, 2u 1*9,0 2,907.1' 2,249.3: 23.828.4
,.*>
Fhoutx............
MWO.O
*48,9
t.u.M.t
221.0
7*24.0 3.802.0
City........................... 1,000,0
ttl.iWV* 10,634,3 %98*A*J 51.481.7
Trsdeanien’s...... .....
750.0
2,783,4; 2*2.0.
2.730.5
O bm ieal..................
300.0
34,548,0
# M f P ; 5,1WJ.6'
---------Merchants* Kxah'ge:
600,0*
& 103,3:
,
809,7 5835,3
tri.S.4
QaUatta....... ......... 1,000.0
7,244.0* sos.t
94 4 7 8,251,2
Batchers’ A Drorhsc
300,0;
W8.2 1.228,3
174.9.
1.130,4
Mechanic,*-A Trad's
400,0;
264.0
2,! *0.0
285,0; 2,300,0
0*8eB.wie&,-----f * 00,1
2
):
1.035,5;
106.9. ! 320,0: X, 1,43.6
Leather Menetse’raJ 600,1
457.!
2.873.8
3eu.»j
Seventh....................
SOO.u
276.8
*49.8: 2.0.19,7
State of New York.: l.SOo.U „ -----186.7
849,8: *2,593.6
American Exchange 6,000.0 2.645.3 24,4««,l.r 2,249,0: 2.242.0. 17.952.0
Commerce................j S.ibkm.) 3.S03.6 25.241.9 1.91.4,3 H*B0.8, 18,880.8
Brow! way.........
* — ~ 1,578,1
1,000,0
‘
5.9 44.6 774.6!
939.111 5.31x2
Marramtile...... .
L000,01 992,1
9.148.8
778.4, l»8(Mi,u: W.813,8
P a c ific .............
422,7
-• • •
■ • «:
500*8 2.432.9
4PJ.4
400.6 2,909.8
Republic--------1,900.0; 010,8 13.290,9; 3.180,9
1.579.8 14,037,1
Chatham..........
450.0;
5.850,8: 71 i-9':
868 0 5.835.2
People**, .........
2*052,0 170,0
|
: - ' - . 00
North America
m
952 3 9.900.8
1.051 M
2, ! I I I ! i«»7O0,7 O,O.0«.»i 2.008 • 29,686,0
Hanover---- -—
345,9. 2,i*32,0 303.9
Irrtn* _ _ _ _
_ _ _ _1
• «*
321,9 *.73t.O
Tills®
308,7 2.50Q.3C iu s e a s 1
........... —
900,0
427.1
881,3: 2 987.7
274,0 2.45L2;
N»*t**<i...„... ........... ! 600,0
200.1
498.2: 3,05X9
MU
ttatxet a v <1
4 ton ...
900,o>
949. *! 6,860,3
. ShneA Leather-.... i,0Of),0
' 528.8
04K
3.O
Corn Exchange....... I.
iM iio l o l S a
0>ntm *n-Ai............ 3.000.
841,1 8,003,5
0
5,104,4
Oriental. ...............
1,054.0
423.5 1,874,0
ImnnrtSFre'A T r » !'i» l io o lo ! 5,6,-t7..-> 25,700,0 A ilt :" : 6,165,0; 28,8111.0
P a rk .........
20.071,7 ............
J.
W
3.186,6' A6IH.9; 3.921.8 30,850,3
E a st R iver.
250,0
148,6; !,2 ll,8
1*5,1: l i 10.0
14X2
Meant)........... .
ASOO.O; a.04%3, *4,763,9!
3.470.8 20,109.4
C e n tr a l......................... 1.000.
2.160.0 11,273,0
I fiX O
0:488.8 8,303:0 ------------ ........
B e e citd ........................
976,0, 6,368.0
1,011X0 0,454,0
908,0
300,Oj
Ninth........ ...............
750.0
47,1.8 3.715.5
500.0
2,974,4 25,903.4
First., .....................
L2I9.3
m i it
186.6
1,310.2
N. Y . N a Y l R x e h 'g * .
mM
1,303,0
607.0
2.945.0
25*3,0' 000,4
Bowery ..................
419.0
New T c-» Contrty..
u n ,2,000,0
302,2
200.0
804,8
l? li
570.1 2,001,.
M erm an A m e r ic a n ..
2 842.9
7i0,0;
*71.4
fT flin
frU
600,0s 1,477. 2t.904.5
- .1
Fit th A r m a * *. 11I—
1000 1. 120.
91 1.8
7.669.4
German H cfmng e .,
493.2 2.902.4
200.0; 60S.
2.244.5
00O.S 4.70B.3
*10,4 . 3.488.1
3,488,1
593,8:
0*rm*ai* ......... .
Un tmt
. .... .
029.2, 7,024M
7,024.8
975.9 1,090,2 7,931,2
84*2.4 8.015.4
..............
© j
h im ,
S0A8 5.®32.4
»*rtU W ..... . . . . . . . . .
2.083.8
n tth .......................
5.407.9
Bm k of the Me%mp„
08X7! 4,844.0: 900,0
2.649.0
327,S' 2.445,0
238.0
1,034,0 9,7:93,0
800.1 7,939,0
911,0
809,0 1.595.0
330.0, 1.88A0
210.0
S ix th -..--------fS S tO T ..... . ..a.....1
AiS.i 16,800.7 1,898,2 3,190.4
Wtrwt NM. W k iyo...
980,8; 5,376,0; 570.5 1,143,8
524.5
755.7 10,605,*; 3.203.0
?9m . Xjnirm Bank .....
%
403.3 ' i : T o i
282.3
2,792.2
319.3
M b * n t N&i. Hank...
3.853.5
351.8 4,812.7
885.1
N T . p M - *z.tifkfsr«
2,800,8
m
202.2 2,629,4]
412.1
Bki of 'W.Ammsfitmm

Jm

un:

1 1 MS
1 1 IS

iJ5 "
&

W itl!

I

’W

m

ask.

81%

67

07 k

Atm \ork C llj, Huston ant! I’ hilatlolpfila Banks:
*

iM 'f fk*, [ h«rg»ta».
C a p i t a l S u rp lu s

Range (sales) in 1897.

Ask.

! A ctual sales

N ew l o r k C ity H a n k S in lr iiir n l lo t th e
O ot. 16,1897. IF* omit ttco ciphers (0 0) in all
ct
«*)*»*.
(00» omitted.)

Oct. 22.
Bid.

M i s c e ll a n e o u s S t o c k s .
Adams E xpress............................100 158
American B a n k n o te C otf .........................
American Coal.............. ......... — 25 119
American E xpress.............. . . . . 1 0 0 1116
Amer. Telegraph & C able_____ 100 .......
Brooklyn Union Gas................... 100 (123%
Chic. Juno. B y. * Stock Y a r d s .100
Colorado Fuel * I r o n ................100 122%
P referred ...................................100 .........
Col. * Hook. C oal tr.reus.all pd.100
6
Commercial C able...............
100 175
Consol. Coal o f M aryland...........100 38
Detroit Gas.................................... 50 47
Edison Elec. 111. o f N. Y ............100 ;l2 3 k
Edison Eleo. 111. o f B ro o k ly n ..100 .........
Erie Telegraph & Telephone ..1 0 0 ....... .
Illinois S teel..........
100 43 %
Laolede G as....................................10O 143
Preferred..................
..1 0 0
90
IMaryland Goal, p re f.....................100 40
Michigan Peninsular Car O o. .. 100 .......
P referred_____. . . ...... ............. 100
iMinnesota Iro n ............................ 100 57%
National Linseed Oil C o............. 100 16
J6
national Starch M fg. O o............ 100
6
Sew G entralC oal....... ................. 100
S, Y. A East Hirer Gas I ......... lo o
Preferred 5 ................................. 100
North American C o....................100
;4
5
Ontario stiv er M in in g .............. 100
Pennsylvania C oal...................... 50 340
Pa lm re P akaa Car C o......... v K o ; i171b
7 lb
1
tiutoksllver M ining..................1.X0O
Preferred____________
100
Standard Gas, p re f.f!....... ........100
Tennessee Coal A Iron, p ref. . . 100
Texas PftClflo Land T ru st..........100
0 . 8 . E xpress.................................l o o 40
Wells. F a rce E x p r e s s ................ 100 108

NEW i'OKK STOCK EXCHANGE PRICES.-S T A T E

A labam a—Class A , 4 to 5....190 *)
Class B, 5s..............
1906
Class O, 4s............................1 9 0 6
Currency funding t * ....... .1 3 2 0
Arkaii-..-* -—".fu n d .ltd . 1899-1900
Non H olford ..................................
7», Arkansas Central H R ............
h ’ttlsian*—7», o t-n s................ 1614
Stank**! t-t — ...................
New consult. 4 * . . . . ........,...* 9 1 4

f l I n d v n u e s t o m a l s a l e s .)

I nacttfe Stock A
f Indicates unlisted.

H ig h e s t.

175
170 Feb. 177 k Apr.
9 Jan.
11
13
I S k Aug.
32
40 Aug.
2 2 k Apr.
35
21
20
16k May
25% Sept.
55 Feb.
60
83
6 6 k Sept.
68 Apr.
76 Aug.
7o
;i0
3 1 k Aug. 43 Sept.
19 Aug. 33 k Sept.
*28
161 Apr. 188 k Sept.
105
1 k Apr.
:6 k
18 Jaa.
J4 Aug. 48 Jan.
21
20
7 Apr.
12
0
14% July
60 Ju y
100
70
65 June
3 Apr.
3k
4 k Aug.
ik
6
s
6 k May10k Aug.
26
20 June 34 Sept.
28
43
18
June
..... ...... 3U June 44k Sept.
7
Il
Aug.
..... .... 30 Mar. 48 Get.
20% sept.
14
15 Oot
13
30
40 Aug.
2 7 k Apr.

765

N tV

Loans, j Swefs.

S

Lwxl*.

Devoiits.-j CKrc’i'n, Qlmringt.

»

*
$
-- .1 !> #70,.:* 8O.40S.9 625.H5rf.0 15.409.4 s u l s o . i
1
Oc* 3,1138.314.0 671,its i t • t r.
*.:
V4,i.” t.d 619,353,2 15.790.4 811,824,9
771.304.1
*
• V IXt.4U.lt S7:.7.tl,l 03,9,4.6’ 73.721.3 616.7''!?. 2
)
• 1« 133,408,8 569,117.0 94,880,7 ! 73.T47.7 616,079,6 H ills :? 799,310,8
'
Bos* ’
Oc*. 2 , 03.303.8 183,847.0,10,40*11 ,4,273.0 179.316.0 7.597.0 115.641.3
)
•
• * ; 03,aea,8ii8i,«9.oj 10.707.0 9.343.0 179.497.0 7.302.0 113.033.4
.«
10..- 03.393.S 181.010,0 10.770,0, 0,047,0 181.166.0 7.200.0 108.305.1
F h lls . *
125.477.0 8.920.0 06,173,2
Oct. X. .15.300.0 117,433.6
37.373.0
125.397.0 6.951.0 73 980.2
'• «
35,3 H J
-4,0 118,409.0
:l«.70O,O
126.543.0 6.808.0 70,738,7
“ 30„ 35,388.0 119,34X0!
88.300,0
W* omit two Ciphers ti* -il) Ihsst Court..
♦ 1uoludin* tnr Boston and PhUa*Wit)hla the Item "duo to other banks” .

' Miscellaneous anil Unlisted Bonds:
lllecetlu n i-ou e B on d s,
Jeff. A Clear. 0. A l . l#t g. 6s
2d g. 5s ..............................
Manhat. Beach H. A L, g, 49.
Columbe# Has—let, g., 6a
Met ropol. Tel. A Tel. 1st S»
Mlch.-Penln. Car 1st 5s ....
Commercial C abla-let g, 4#
Mutual Union Teleg.—0 s,g..
Cona-Gaa Oo„Chlc.—1st gu.->- 100
Nat. Starch Mfg, 1st 0s .... 108%b.
I)e Bardelebnn C. A f .- g . 0*.
Bet. Gascon. 1st6........... .....
91%,. N. Y A N. J. Telep. geo. 5s
Edison Elec. Ill, Co.—1st 6s.. 109 kb. Northweitern Telegraph—7s
People's Sas A 0. ( 1st g. 8«Do of Bklyn.. 1st 5 ,..
Co., Chicago...... S2d g. 0s. 108
Etiult.il.-E, it. y.,conxg.Ss.
1st coos, g. 0s..................... 112 b.
Euaitalile<J. A F .-le t tils....
ErleTalog, A Tolop. So, « ... :1o9 I: South Vuba Water—Con, 8s.
14 b
standard Hope A T,—lac. 5s.
Gslvestou Wharf do.—1st S».
Henderson Bridge—1st g. 8s. m t Sunday Creek Coal let g. 8s.
Western Union Teleg.—7 s...
ntlnoi* steel dob. s#..
Western Gas coll. tr. 5s........ 100kb.
Noucouv. aeb. Sa__
NoTI.-*'i"lndlcA to» price H«f; “ o ” price asked. * Latest price this wsek

Bank Stock List—Latest prices. * Not Listed.
BANKS.
America.......
Am. iSXLCh...
Amor Placo*
Bowery*.....
Broadway....
Balcb-tfeDr..
Cent raj.......
C law ............
Cbatbam......
Checoioal

Bid. Ask. | BANKS.
m

174^

,
...J
*34 237
100 h
i m " 170
220

315
is
4000

Citi*©*. - ...... f* 6

Columbia

-

Commerce.. ! 2 0 f* ■ i
Continental. 130 HO
Corn JSxcbv.. 290 310
Kaat River.. 135 145
U fh Wa-rd.. 250
F il* b A v e — 3000
Filth*.......... 240
First,...... .
FlretN., B. I. 58? 150
160
14th Street..
Fourth....... .
m
. . . . . ____ 59.022,7 74.440,1 589.117,0 94.830,7 73,747,7 010,079^1 Gallatin .....
102
Wansevoort’ .

lW

If

QaxHeldv. OermusJ Am.
German Ex.*
Germania....
Green wleh...
Hanover.....
H.de & U * ..
Had. River..
Irn.A TratFrs

B id.

A sk .

BAN ES.

Bid.

80
97
19th Ward.. 100
N. America. 135
OrieutaL.... 165
P a c i f i c . . — . 180
P a rk — . . . . . 202
People’s....... 210

N.Y.Nat.Ex

550
110

320

I

85
155

540

lit

180*

ill

N in th ...........

P h e ix r x ......
P la z a * .......... 185'
Prod. E x ,* .. . 115

180

210

275
102 ' ”

R epublio...,
800* seaboard.... m
450
Second —
240
100
Seventh.
Market* Fal 215 240 s
Shoe Be’ th 93 ioo"
Meohitniea'.. 192
125 istateof N.T. 112
M’cha' ATra’
Third— . — . 10 ‘ 70 "
Meroaatile... 162*
.
148 Tradesm’n’B 102
Merchant.'..
12th Ward*. 125
124
March't. Ex,
Union......... 201
Metronol’a,.. 440
185
Union 8q.*..
Mt, Morria.. 110
Un’ d States. 2 0 0 *
Naaaan.
Torkrllie*.,.
N. Arna'dain. §§g
Western..... I I I 125
242
New York...
We Side... 275
e fe
- y , Qo’ nty
iOerty4 —
'.
.Jn eoln ,,....

-

220

*

TH E

766

[V l. L .
o XV

CHK0IS1CLE,

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
Active Stocks.
1 Indicates anile ted.
J

jy

13%

S h a re P r ic e s — n o t P er C e n tu m P r lo e s.
Monday,
Oot. 18.

Saturday.
Oct. 16
13%

14

14

A.tou. T. .* 8. F«Mftoston).100
Atlantic A Pao.
"
100;
15% 15%
Baltimore A Ohio (Balt.). 100
*
67 ^
Balt. City Pass’ger 4
4
25
23
23
Baltimore Consol. 4
4
25
BaltimoreConsoLflfPAii.). 25
218 218
*218
Boston A Albany (Bottom). 100
*916
*9.1 K
Boston A Lowell
4
4
165% 168
167% 167%
Boston A Maine.
"
♦
*
12
•Central o f Mass..
*'
*
61 *
61
P r e fe rr e d ......
4
4
100
93% 94*y
92% 93
Ohio.Bur.A Quin.
4
4
100
92% 93
93% 94
Ohlcs.Mil.A 8t. P. (PAiL).lOO
8%
8%
8
8
OUoc.OAQ.vot,t.O“
50
Cit. 8t.R y.of Indli “
100
94% 9^
95
Fitchburg pref.. ( Boston) . 1O
O 95
28
28
27% 29 ^
Lehigh V alley.. ( P hilo,). 50
Metro pol’nT rao. IT •
*
100
6
*5%
6
*5%
Mexican Cent’ l (Boston). 100
New E n g lan d ....
“
100 *
80
80
83
P r e fe n e d .........
“
100
78
78
Northern Central (B a l ,) . 50 *78
19
19%
18% 18%
Northern Paoiflo ( Phila.)100
51% 51%
51% 52%
Preferred
“
100
*185
*185 186
Old Colony....... (B oston). 100
57
57%
567« 57
Pennsylvania...(P h ila .). 50
71% 72
71% 71%
Phtladelph. Trao.
“
50
12
12^
Beading Co.........
4
4
50 1115,„ I 'D ,.
21 %
Union Paolfld ..(B o s to n ).100 >20% 20% §21
11
11
UnionTraotion..rPAiia.>. 50
u % 11%
T I ts c e lla n e o a a S t o c k s .
Am.Sug’r Rettn.lif B oston ;.... 138% 139% 139 141%
114
L14*
114 114
P referred........
“
256 262
Bell T elephone..
“
100 255 256
14 L
141
142% 143%
Bost. A Montana
4
4
25
23% 23 % 23% 24%
Bntte A Boston !
4
4
25
450 450
Calumet A Heola
4
4
25 450 450
*64
Canton Co . . . . . . . (B a lt.). 100
59
*58%
Consolidated Gas
“
100 59
28
28
28
29^
Eleo.8tor. Bat’y1T<PAito.>.l00
30
30
31% 31%
Preferred IT
"
100
69 W 69% 711%
.
Erie Telephone.(Boston). 100 *69
34% 34%
33% 33%
General Eleotrlo.
4
4 100
*82
85
85
P referred.........
100 •8"
*43% 45
46
Illinois S te e l. . . .
“
100 *43
*19
Lam son8tore8er.
4
4
50 *19
44% 45
Lehl’h CoalANav. (J'hila. t 50 44% 44%
129%. 128^.
130
N. E. Telephone (Boston). 100 *
16% 163s 16% 1^%
Pa. Heat.L.&Pow( Phila.). . . . .
82%
82% 85%
82
Unit’d Gas Imp. H
“
50
45
45
45
Welsbaoh Light T
l
“
5 45
-i%
1%
West End Land. . ( Boston).mm *1%
m
1%
*Bld and askod prices: no sale was to ade.

nactive Stocks*
Prices o f October.22.
Atlanta & Charlotte (Balt,). 100
Boston < Providence (Boston).100
fe
Catawlasa.....................(Phila.). 50
“
50
1st preferred ..........
Central Ohio............... (Balt.) 50
Chicago & West M ich.(Boston).100
Connecticut & P ass..
4
4
100
Connecticut R iver—
“
100
Consol. T r a c to f N.J.U (PAlto.).lOO
Delaware&BoundBr.
“
100
Flint A Pere M a r q ...(Boston). 100
Preferred .................
4 100
4
Hestonvllle Pasaeng. (P h ila .). 50
Preferred IT
..............
“
50
Hunt. & Broad T o p ...
*
*
50
Preferred......... .
“
50
Kan. C’y Ft.8. & Mem. (Boston). 100
Preferred ...............
“
100
Little 8ohuvlkill.........( Phila.). 50
Matne Central....... t Boston) 100
Mine Hill A 8.H avfin.fP/iito.;. 50
Nesquehoning V a l. . .
“
50
orth American C o..
4
4
100
North Pennsylvania.
4
4
50
Or.Bh. Line all asst, pdf Boston;. 100
Pennsylvania A N. w . (P h ila ,). 50
Philadel. A Erie........
4
4
50
R utland.................. . . ( Boston). 100
Preferred.................
4
4
100
Southern................ .
( Balt.) .100
Preferred............
4
4
100
West End___________ (Boston). 50
Preferred................
4
4
50
United Cos. o f N .1.. (P h ila ,). 100
West Jersey A Sea 8h.
4
4
50
100
Western N.Y. A Penn
4
4
Wisconsin Central...(B ost
.100
P referred................
4
4
100
Worc’st.Nash.ARooh.
4
4
100

Bid,
95
365

52

23
10
150
250
37

94

Ask.
98
268
26
12
152
255
37%

Wednesday.
Oot. 20.

Tuesday,
Oot. 19.

14

14

14

67%
23%

*65
23
218
‘ 216
167%
*
*
94
93%
8%
94%
29
*5%

14%

15%
66%

15%
66%

.......
219 219%
216 216
167% *167% 170
12
12
61 *
61
95
95
96i%
9 ( a. 94% 95?t
8%
8 '3

219

95
29 a,

95
29%

95%
30

6

6

6

80
*77
19
52%
185
57%
71%
11%
>21%
11%

80
80
81
79
19% 19=8
19%
533s
53
53
188
185 185
57%
57% 57'%
71
71 a,
72
12% « 127i«12Hjf»
27%
21%
2 6 7s
n%
11% n %

141%
114%
262
144
24%
450

143%
115
265
145
25
450

59% 59%
3n
30*.
32% 32%
70% 71
34
34
*80
85
44% 45
*13%
44% 45
130
L30
16% 16%
85% 86%
45
45
1%
*1%
5 1st instal

143% 145%
116% 116%
265 265
x l4 1 % 1 4 3
25
25%
450
L65
*
59 s
p
29% 29%
32
32
71% 72
35
35%
82
82
44% 45
*20
44% 44%
.30
16% 167fl
85ai 86 I
45
45
1
1%
ment paid, i

Bonds.

Thursday,
Oct. 21
14

248% 250
50
3
2>s
3
2*,
4
6
115 120

Sales
o f the
Week,
Shares.

Range o f sales in 1897.
Lowest.

Highest

14%

938 Apr. 20 16% 8ept. 18
1,465
1378 14
15 o. Feb. 17 1 00 A ug 12
%
*%
36
9 Aug. 2 21 8ept. 20
15% 15% *14% 15%
*
210 59i« Jan. 13 671* 8ept 15
67
67
67
266 17 Jan 12 23% Oct. 12
23
23
*23
23%
*22 7g 23%
2188 Aug. 6 23 Oct. 11
85 209 Jau. 4 220 A ug 27
2 19 219% 219 2 '9 %
16 205 Jan. 2 216 8ept. 3
216 216 *215 217
197 157 June 2 170 Sept. 28
*167% 170 *167% 170
12
9 Apr, 22 13 Aug. 30
100
10% 10%
*
61
*57
59
56 Mar. 26 62% Aug. 30
955s 96%
94% 95% 23,689 69% Jan. 5 102% Sept. 20
93% 94t, 16 860 69% Apr. 19 102 8ept. 15
94% 95%
8 a,
sa.
8%
1,040
8%
6 May 7 103e Sept. 20
18%
16 Apr. 12 25% Jan. 20
94% 95
95%
23* 89 % July 17 95% Sept. 20
95
29% 29%
29
29%
1,389 20% Feb. 18 32% July 22
99*4 May 3 124% 8ep t. 3
6
6
9% Jan. 30
320
6
5 Aug. 11
*5%
40
18 Apr.
*30
40 SeDt. 1
80
80
80% 80%
459 57 Feb. 15 90 Sept. 1
*78
78%
6 67i$ Jan. 27 78 Sept. 15
3,710 10% Apr. 30 21% Sept. 15
19
19
19% 19%
8,256 33% Jan. 15 57 Sept. 16
52% 53
52% 53%
185 185 *185 185%
14 17614 May 26 185% Aug. 23
6,590 5 13^ M ay 3 593ft Sept. 18
57% 58
57at
58
2.143 66% Jan. 5 74% Aug. 6
713s 71a,
71% 7 !%
12% 12%
12
123,6 19,229 89i« Apr. 19 145s Sept. 18
263g 27%
25% 26 ^ 16.360
5 Apr. 12 27% Oct. 20
8% Apr. 29 13 Mar. 3
6,999
11% 11=8 11% 11=8
142% 144% 33,106 109% Mar. 29 159 4 Sept. 3
H 5 % 115%
436 100% Jan. 6 121% Sept. 14
263 263%
609 205:14 Jan. 4 285 Sept. 14
140% 143
4.144 94% Jan. 2 151% 8ept. 20
24% 25% 12,52 6
6 Jan. 11 31% 8ept. 20
460 465
149 326 Jan, 2 495 Sept. 20
*65
70
60 Jan. 8 67% Feb. 6
59 * 59%
4
180 55 June 2 62% Jan. 15
593s 59%
293s 29%
28a, 29
3,877 15% Apr. 22 33% Sept, 7
*31% 32
540 17i« Apr. 30 36% Sept. 7
857 63% Apr. 1 77 Sept. 15
71% 71%
7 l t , 71%
35% 35%
34
2,295 28% May 17 41 Sept. 15
35
83
83
83
83
59 66 May 18 90 Sept. 15
45
45
*45
45%
300 29% Apr. 21 50% Aug. 30
21
21
*20% 21
15% June 21 23% Feb. 1
44% 44%' *
44%
""'871 37% May 26 45% Sept.
130
L30 *127
L30
11 101 Apr. 5 135 Sept.
16% 16%
16% 16%
2,749 13 Apr. 30 17% Sept.
86% 87%
85% 87
15,9*8 7 0 7r May 3 88% Sept.
590 38% Apr. 6 50% Sept.
45% 45%
45
45%
• it,
1 Oct. 20
155
1%
l^
2 7e Feb.
lag
t2d instal ment paid.
XTrust re0.,all inatal. paid.
1435s
1 16
263%
143
25%
465

145%
116
264
143
26 4
467%

| Bio. I A sk.

Boston United Gas, 2d m. 5 s ..1939 > 66 I 70
Burl. & Mo. R iver E xe n p t 6s, J&J 1119 121
Non-exempt 6 s .......1 9 1 8 , J&J f l0 7 1107%
90 I 97
Plain 4 s......................... 1910, J&J
105% 105%
100 100 bi

§ 97
98
§ 98 100
§ 57
60
70
§ 67
♦ 70
75
5 73
74
Eastern 1st mort 6 g,1906,M & 8.. §120 122
Eree.Elk.&M.V.,1st, 68.1933, end. §133
Unstamped, 1st, 6s, 19 33..
$132
80
1 74
K 0. F .8.& M . oon. 6s, 1928, M&N § 97bs 99
K.C. Mem. & Bir., 1st, 2s,1927, M&8 * 75
76
§120 121
K.
C. 8t. Jo. A C . B., 7 s ..1907, J&J
L. Rook & Ft 8., 1st,7 s ..1905, J&J § 921, 95
' ouis., Ev.&Bt.L., 1st,6g.1926, A&O §101 103
2m ., 5—6 g ................ 1936, A&O S 85
87
Mar. H. & Out., 6 s........1925, A&O $110 111
64
M exican Central, 4 g . . . 1911, J&J 5 63
15=8 16
1st oonsol.lncoines, S g, non-oum,
21 oonsol. lnoomes. 3s, non-oum
6
4b!
N. Y .& N .E n g ,,ls t,7 s,1 9 0 5 , J&J4 >USb! 119
§L12 112%
1st mort. 6s......................... 1905,J&J
Ogden. & L .C ,,C on .6 s...1920,A&O § 92
95
Ino. 6s.................. . . . . . . . . . . . 1 9 2 0 4_ „ „ 15
R n tland, 1st,6 s .......... 1902,M&N $104 109
! 94%
2d, 5s............... .........1 8 9 8 ,F&A > 99 100

100% 100%

Friday,
Oct. 22.

Bonds.
Pa. & N .Y . C a n a l , 1
, &1
Con. 5s......................... 193
<v
People’s Trao. trust certs. 4s..1943
Perkiom en, 1st s e r .,5 s .l9 1 8 , Q—J
Phlla.& E rlegen.M . 5g.,1920, A&O
Gen. m o r t.,4 g .. . . . . . 1920, A&O
Phila & Read. 2d, 5 s . . .1933, A&O
Consol, m ort. 7s........1911, J&D
Oonsol. m ort. 6 g ........1911, J&D
Tm orovem entM .6 g., 1897 A A n
Con. M .of 1882, 4 s ....1 9 3 7 , J&J
Terminal 5s, g . . . . . . 1941, Q.—F.
Phil. Wilm. & B alt., 4 s .1917, A&O
Pitts. C. & 8t. L ., 7 S ....1 9 0 0 . F&A
Reading Co. gen. 4 s___ 1997, J&J
Rochester R ailway, oon. 5s ..1 930
8ohnyl.R.E.81de,lst5 g.1935, J&D
Union Terminal 1st 5 s ....... ..F & A

Bonds.— Baltimore.

A tla n ta*C h a ri., I s t7 s , 1907, J&J
Baltimore Belt, 1st, 5 s .1990, M&N
Balt. C. Pass. 1st 5s. ...1 9 1 1 , M&N
Balt. Traction, 1st 5 s ..1929, M&N
Exten. & impt. 6 s ....1 9 0 1 , M&8
No. Balt. D iv., 5 s ....... 1942, J&D
Baltimore & Ohio 4 g., 1935, A&O
Pitts. & Conn., 5 g ,...1 9 2 5 , F&A
Btaten Island, 2d. 5 g_1926, J&J
Receivers’ certificates, 6s..J& D
Do. Maryland Construe., 5 s ___
Do. Plttsb. & Connells., 5s..J& J
Do. Main Line 5 s___ . . . . . . . . .
Bal.&Ohio S .W .,lst,4% g.l99 0, J&J
C apeF.& Yad.,8er.A.,6g.l916, J&D
110
Cent. Ohio, 4% g ............ 1930, M&8
Cent. Pass., 1st 5s....... 1932, M&N
City & Sub., 1st 5 s .........1922, J&D
10714 C hari.O ol.& A ng.ext.5s.1910, J&J
- __
76
........
.1922, J&J
97
.........
6s................... _ ........... 1904, J&.T
1926, J&J
71 >
4 Series A , 5 s . . . . . . .
4 % s ................_ . . . . . . .1925, A&O
...

A tlantuTaty la t’Jsfg.^ig^ ^ M & N 108
Buffalo Ry. oon. 1st, 5 s.......... 1931
Latawissa, M., 7s____ 1900, F&A 107
Choo. Okla. & Gulf, prior lien 6 s.. 106ia
General 5s............................. 1919,J&J 7 b
8
Citizens’ 8t.Ry.of lnd.,oon.5s.l933
MISCELLANEOUS.
Colnmb. 8t. R y „ 1st, oon. 5s.. 1932 . . . . . .
. 25
1
a,
Columb. O. Crosstown, lst.5s.1933
Amer. Ry. El. L igh t.. (P hila.).
5k,
5 b, Consol. Tract, o f N. J., Ist,5 s.l9 3 3
96%
tlando Mining......... (Boston). 25
.
24bs .25L, Del. & B’d Br’k ,1st, 7 s .1 9 0 5 ,F&A 122
Bay State Gas 11.........
50
2 7a 3
Easton & Am. IstM.,5 s .1 9 2 0 ,M&N
4L,
10
Boston Land..............
5h> Eleo. & People’s Trao. stook.tr. otfs
71
Centennial M ining...
25
18 > 18kfl Elmir. & W ilm .,1 s t,68.1910, J& J. 122
4
Fort Wayne Elect.TT..
25
1
lb , Hestonville M. & F., con. 5s..1924 I15bi
7ranklln M in in g ,....
25
21% 21% Runt. A Br’d Top,non ,5 s .’95,AAO . . . . . .
Frenchm’n’s Ray L’ d .
5
kl
‘s K. C. 8ub. Belt 1st 6 s ...1920, J&D
107
Grglnla M id., 1st 6 s ...1906, M&P
Kea»*sarge M ining....
25
20
20 b. Kau.C. Fitts.& O .lst 5a. 1923, A&O 7 9 78 80
2d Series, 6s..................1911 M&8
Marsdon C o................. (P h ila .).
18% 19% Lehigh N av.4% s.......... 1914, Q—J 114
3d Series, 6 s............... 1916, M&s
O^oeola Mining....... .(B oston ). 26
391s 40
2d 6 b, gold................... 1897, J&D 102
4th Series, 3-4-58....... 1921, M&9
Pullman Palace Car.
100 172 172%
General m ort. 4%s, g .1 9 2 4 ,0 —F 102
5th Series, 5 s.............1 9 2 6 , MAS
.100
PeunHylvania Steel.. (P,
12
13
Lehigh Val.Ooal 1st 5 s,g .1933,.I &J
96
Preferred I T .........
100 20
23
'l
Lehigh Valley, 1st 6 s ...1898, J&D 104
Quincy Mining^ .....1 Boston). 25 113 115
.
2d 7s.............................1910, M&B 134%
MISCELLANEOUS.
Tamarack M ining....
25 133 135
Consol. 6 ............
1923, J&D 118
.. . : Jaltimore W ater 5 s ...1 9 1 6 , M&N
Water P o w e r ............
100
1
%
Newark Passenger, oon. 5 s ...1930 109 109%
Funding 5 s.................1916, M&N
Westingh. Eleo. A M ..
50
21
22
North Fenn. l e t , 4 a ....1936, MAN 112%
Exohange 3 % s...........1 9 3 0 , J&J
Pr*»f., cum ulative..
50
51
52
Gen. M. 7 s............................. 1903, J&J
119 ......... ’ Virginia (State) 3 s ,n e w .1932, J&J
Bonds— Boston.
Pennsylvania g s n .6 s ,r ..l9 1 0 , Var 130
Funded debt, 2-3s....... 1991, J&J
At. ™ *> A S. F. general g
> ,
86k, 86ia
1995
Consol. 6s, o
........ 1905. Var
........ Ihesapeake G a s .6 s ._ _ .1 9 0 0 , J & r
Adjustment g. 4s, 1995
59
59%
.....
Oonaoi. 5s, r . ......................... 1919 Var
121
—
Jonsol. Gas, 6 s ..™ _ .. ..1 9 1 0 , J&r
Boston *-•*- *
■ *•
*
.....
r86
nollat T» 4
......... - l o TAD ----86%
k s __________
. toM
' Price includes overdue ooupous.
H Unlisted.
5 And accrued interest.

Bid.
123
lu 4

106
98
100
116
105% ___
126
132
123 126
102
100 101
......... 118
108%
84

84%

107
119%
80%
115%
113%
103%
114%
102

120%
81
115%
114%
104%
114%
102%

65
71
102%
100 100%
i ‘0 1%
98
50
95
114
113%
107
114
101
81%
118
96%
105
108
115
107
103%
9L%
in
117
112
95
103
108%
116
122

io i%
98%
60
114
109
115
101%
82%
119
97
108%

112

___,
__ ^

109

■ —
--

105% 1 0 6 "
77% 77%
67% 67%
105%
117% 118
109% 110

THE CHRONICLE.

O c to b e r 2-3, 1897.]

767

NEW fOBK STOCK EXCHANGE PRICES (Contin*e&)—AOTrVE BONOS, OOT, 22 AND FOR YEAR 1S97.
KjLDUBOAJD AMD
MISCELLAKKOUS B o k d b .

Int'st
Period 0cL

Man0e <**Unj in 1897
~ Highest.

R ail r o a d ahd
M iscellaneous B onds .

I n f si Olosinq
Price
Period Oct. 22,

( t a l a ) in 1897Lowest.

1 Bigheet.

Amer. C otton Oil, deb., 8g . 1900 Q—F 109
106 Feb. 110 Sept.
1 S r . B D i n t M l « . . 1 ^ 6 g . m 5 il l i 8
80 b. 70 Apr.
86% Aug.
81 % Aug.
A nn.Arbor.—l s t ,4 s ,g ....... 199o Vt—J
71>aJan.
90 Sept.
A L T J.S.P.—New gen. 4s. 1995;-'- A O 80%
,8 % Apr.
A u)ustinent4s.. . . . . . . —-1990; S o v . ; o9% ; 41% Apr.
61 S ep t
l ,w avA 7thA v.-ls;.oon.K .5s'43 J & 11, 1-*‘ b-'118% Jan. 120% Aug.

L on ls.N .A .& O b .—la t.6 e.1 9 1 0 J & J
Ill
Jam 115% June
93%b. 91% Apr.
Manhattan consol. 4a....... 1990 A & O
97% Aug.
Metro, E le v a te d - 1st, 6 g .l9 0 8 :J A J H 8% b, 116% Jam 121 June
2 0 ,6 a ................................1899! M a n 106 b. 104% June 107% Apr.
Mex. Interiiat'l—1st, 4, g.lf)42|M & S
69 Mar. 73
Jam
Mioh. Coat.—l«t,o o n «.,7 e . 1902 M & S 117
116 May 119
Apr.
Oonsol., 5 s........................1902| A N '107 b. 105% June 108 Mar.
M
M ln m A S tL .-lstoom 5 s,g ,1 9 3 1 M A N 107
100 Jan. 107 Oct.
Mo. K. A E .—1st 5 a ,g .,g o ..l9 4 2 A. A O 92 b, 88% May 100 Sept.
6D
M.
K .* T e x a s .- le t :* s ,g - 1 9 9 0 J 8A %
B kIm .U m G aa.lsi.eom 5g.lti
82 Jan.
87%Sept.
61%
B’ klynW nrf&W .H—U t.os.g. 15 F '2 A 100%
91% Mar. 102% Sopt.
2d, as, g .............
1900 F A A
54% May
65% Sept.
93 b. 68 May
B u t B. A P —Gem 4- o s .1937 M & 8 100 b.
95% Mar. jl02_ Aug. il Mo. Pao.—1st,eon .,0 g ____1920 M A N
98% Sept.
C anadaSouthern.—181,58,1908;'! A J 110
:108 Jen. jil3 % J u n e i
3d, 7a.................................. 1906 M A N 109 b. 93 Mar. 110 Sept.
2d. 5 a r . . . . . . . . . t ! . : . . : i 9 1 3 M A S, 107>%h. 101% Mar. 10.) Aug. 1 Pao. o l M o.—1st, ex., 4 g .l9 3 8 F A A 101
1
100 Apr. 103 July
Cent, o f Oa.— t, g ., 5 s__ 1945|F A A !#1 1 6 % b ,jll2 % Feb. 115% Oet
'le
2d ex t 5s....................... 1938 J A J 106 b 100 Apr. 106 Sept.
Cons., 5s, g
. ...........1945 |M A X. 90 ti. 80 % .1une 95 Sept.
8 tL .A tr .M t.A r k . B .,08.1935 J A D 105%b. 103 Apr. 107 Aug.
Central o f N7J.—Gona.,7s,1899 Q — : 101%b.U Ol% Oct. ;108% M ar.
J
l a t e s t , g „ 4% s............1917 F A A 107 b. 104 June 107 S ept
Consol.. 7 » ............ .......... 19021-M A X .............113% June I l a Star.
Gen, R'y A lan d g r .,5 g .l9 3 l A & O 86
903s Sept.
67% May
General m ortgage, 5 g ...l9 8 7 ;J A J 113
100 May 118 Feb.
M oblleAOhto—N ew 6g ...1 9 2 7 J A D 122 b. 116% Jane 122% Oct.
lein A W .a,oon .T 7 l,aS ’ '1.190o!vQ -M 100% : 90 Apr. ;101% Feb.
77% Aug.
General m ortgage, i s . . 1938 M & S 72
65 Apr.
*
*
m ortgageSs.1912 M & N 80
1 ,5 % May , 90 Feb.
Nash. Gh. A St. I . - 1 s t , 7 s .. 1913 J A J 129 %b 127% Jan. 133% June
OonsoL, 5 g ............ ............ 1928 A A O 103 b. 98% June 103 Aug.
Am . D o c k * Im p .,5 s
1931 J & • 113%b. u :s Aug. 116% Feb.
[
Central P acldo.—Gold, 6a,1898!-J A 3 102 >ib. 100 Jatt 101% June N. Y.Central—Delnext. ls.190.'' M A N 104 ! 101% Jan. 105 July
let, oonpon, 7 s ................. 1903 J A J 117
117% Jam 121% Apr.
E te 5 g............. 189fH 4 i 10t% b. 99% Jan. 103% June
x rn
s
Chee. A U blo’ - i o r - X 6g*.1990 A A o 117 b. 110%O.n. 121% June
peben .,5a,ooa p., 1 8 3 4 .. 1901 M A S 109 ! 106 Mar. 112 Aug,
M ongakX eg
fla a iT A a o ne% b. u s
oat. 122% July
N. Y. A Hurlsm, 7a, r e g ..!9 0 0 M A N 107 : 110 May 114 Mar.
1st o o n s o l.,5 g ................1939 M A H 112% l0 7 % J a m 113 Sept.
R. W. A Ogd,, oonsols, os. 1922 A & O 119 1 117% Jan. 121% J u ly
72 Mar. , 85 % Aug.
W ests bore, guar.. 4a___ 2361 J & J 109%
General 4 % » ,g ................ 1992jM Sc B 90
105 Jan. 110% June
97 Jan. 10*% Mar. N. Y. Ottlo, A St. L .—1 g ..,1 0 3 7 A A O 104
R .A A .D lr ., ia t e o n .,4 g . 1989,3 A J 101 b.
103% Apr. 108 S ep t
91 June N. Y. Laok. A W.—1st, g s.,1 921 J A .1 137%b. 136 Mar. 139 Aug.
“
2d c o n .,4 g .. 1989 3 A- J 91 b. 86 Jan.
! 115 Jan. 120% Jane
OWe. Burl, & 0 .—C on .7 0 .190 33 A J 117
Oonstrnotion, 5 a . . ......1 9 2 3 F A A 117 b. 116 Sept. 118% Aug,
93 Feb. ,105% sept. N.Y. N. H. A a , —Con. deb. otN, A A O HO
D ebenture,5 a .................. 1913 MA N }0 i%
132% Feb. 142 Sept.
96 %b. 88% Jan.
Convertible 5 a . . . . ____ ..1 9 0 3 51A Si 10B b.i 99% Mar. 110% Aug.
"
N.Y.Ou!. A W. -R e L la. g.1992 M A 3
99 Aug,
D enver D iv ision 4 s.......... 1922 F A A 97% b, 93 Feb. 99 Sr.pt.
Consol,, 1st. 5s, g ____ ...1 9 3 0 J A 0 10 i% b. 108% Feb. 111 May
95% 86!
Nebraska Extension, ls .1 9 2 7 1 A S
M
95%
87% Jan.
% Sept
N.y.Sus.A W.1st ref.,5 b, g,19H7 J A J 106 %a. 100 Jan. 107 Sept.
H a n .A S t.J a a .-C 00S.6s . m i M A S: 119 b. 118 Mar. 122% July
86%u. 68 June 90% Sept.
Gem 5 g ............... . . . . . 1 9 10 F A A
Ohio. A E. U L -H t.a . t.6a,l9 07 J A D U 3 % b .T l4 Apr. 115 Apr.
Midland o f N. J „ 6s, g ... 1910 A A O 117 b. 116% Apr. 121 Sept.
Consol. 6 g .......................... 193* A& O 125 b. 121 Apr. 128% Aug.
Nor. A W . Ry.—ls t , cOtts,,lg,'96 A A O 77
80% Sept.
07% Apr.
Genera! coaeoC. I s t5 a . .1931 ;M A N 102 %'>. 93% Feb. 103
O ct
No. Pamflo—1st, coup. 8 g .l9 2 l J a j 120
113 Jan. 122% Sept.
ChicagooA —
C h ic a g * Erie.—1s t ,5 g .. 1982 M A H i l l % b - 108% May 113 Jan.
___ . .... .
90%
Prior lien. ry. A l.g. i, g. 1997 Q - J
92% Sept.
85% Jam
Jan. I 05 June
59%
Genera! lien 3 g.............. 2017 Q - F
OMo. 3 m L. * C .-1 »* .5 (C .. 1037 J A J 102%l'. 93
01% Sept.
51% Apr.
Ch. In.t A U —R ef., g.. 50.1047 J A J 8.5 a,, so Ju!y
83% Sept. No. I’ aolllo T er.O o—( i g . . . . 1938 J A J 103
97% May 110 Mar.
Oblc. M R * « t . P .-O o m ? e . 1995 J A J| 140 b. 128 Jan. 112 S e p t OUlo A Miss.—Uoms-X., 7 s .1888 J A J 102 %b. 102 Aug. 100 J une
let,S oath w eatD lr., fj« .. 1909 J * J 113 b. 118% Jan. 120 % J uno Oklo aouthern—1st, 6 g . . . 1921 J A D
90 Jam
83% Feb.
19
1st, 80. Minn. Dir., Se.. 1910 J A J 118 b. 11 5% Jan. 120% June
General mortgage, 4 g,.1 9 2 1 M A N
18 Sept,
8 % Apr.
lst.Cn.,* Fao.5V.01r.5s.. 1921 3 & J 115% 112 Jan. 117% June Oregonlm pr. Go.—ls t 6 g ,.1 9 1 o J A l ) 1102
184% June 108 Sept,
41
Consol., 5 g .....................1939 A A O
O hio.* Mo. R lr.D lv „5 s.. 1936, J A J 112% 106% Jan. 113 June
15 Feb. t -19 Sept.
Wise. A Mian. , 01 v , ( g . . . l » 2 l J & J 113 %b. 110% Jan. 115 Juno Ore.K .A Sav, O o.-1 s t , 0g . 1909: j A J 112%*. 110 Jam 114 Apr.
Terminal, 5g ............ ......t o n J A J 112%b.:110% Jan. 115 June
91%
91% Sept,
RR. A N or. consol,, 4 g . 1916 J A D
80 Jan.
103%b. ra Jan. 104 Oct.
Gen. M., *g., series A ...1 9 3 3 J A J WL-a*'. 96
Oreg. 8b. Lins -1st, 8 s , f . . 1982 F & A 119% 1111% Jan, 121 July
92%
93% Aug.
1st, '-on. 5s, g...................19*6 J A J
Mil.* Nor.—l»t,ooa..6s.1913 J A i> 120-%n, 118 Jan. 120 s e p t ;
86 July
Olio, A N. W.—Consol..7e. 1915 % -F
U 3 % b .; 140 Jau. 117 July
56%
61% Aug.
Nou-cninuL lac. A , 5 s ... 1 9 Hi Sept.
44 July
Coupon, gold, 7s ............ 19023 A D 118 b. 116 Jan. 121% May ! Penn. Co.—l% g ,c o u p ....... 1921 J A J 113 %b. 109% Jau. 113% May
Sinking fund, 6s ............1923. A A O 1 1 t%b> 114 Jan. 120 Aug. ; Peo. Deo. A Kransv.—S g .1 0 2 0 J A J 102 %
92 M ,y 104 Feb
Sinking and, 5 s..............1920 A A O 110 b. 103% Apr. 113 % S e p t ; Evans. D lrlsion.6 g . . „ , 1 9 2 0 JI A 8 102 b. 91 June 106 Feb.
- - .
2d mortage, 5 g ................1926 M A N t 17 a. 110 May
S in k in gfu n d ,d eb eo..5 ».l9 3 :i 3 A S' Il7 % b . 110% J an. 117% July
27% Jau.
100 Jau. 110% ,-ep t Pitts 8 h . l L E ., 1st. 5 g.1910 A A O 104%
25-year debenture, 5 a ... 1909 M & X 110
95 Jan. 109 A ug.
........
101 Jan. 100 July
70%
Extension,. ....................... 1926 F A A 104%
Pittsburg A Western— t g . 1917: J A J
66 June 78% Oct,
MU. L.8U. A W „ 1st, 8 g .19121 M A N
1 3 i b.131May 138
84%
86% Sept.
K oadlagO o.—Gen., g. *s .1997 J * J
80% Apr.
„ Rxten. A Imp., 5 g . . . . . m ; i F A A.*115 b 112 Mar. U 7 JuFy": Rio Gr, Western—1st 4 g ..1939;J A J
82%
83 % S ep t
70% afar.
07%
_____ ..
O b !o .R .i.A P »o .-6 * ,c o u p .l9 1 7 ;J A J ............... 128% Jam . , 131 June S t Jo. As Ur. !*L—'2-3-te.. 1917 J A J
82% J ane 69 S ep t
101% Jan. 108 June 8L L. A 8 » n Fr.—6g, CL 8 .1 8 0 6 M A N 116 b. 112 Jan. 115% Feb.
Extension and out, 5 s ... 1931 J A J 105%
' "
General mortgage, 6 g .. 1931 J A J 115%D. 108% Jan. 116%June
80-ysar d ebeotn te.54...193 1 'M A S' 102 b, 93 Jan. 105 8ept.l
101% Aug.
Obto. »t. P. 51. A O .-0 S ...1 9 3 O & A u 132% b,128 Jau. 133% May !
General, 0 g ................
1 9 3 11J A J 101
94 % J au
Ohio. Ter, Trans., otfs. o f plop.
73 Aug.
?0% b. 02% Jam
15%
42% July
47% Sept.
Railroad, 4 g ..................1996!J A .1
7 0 % S op t
CRer. Lor. A Wueei. - 5 s . . . i a J i A A o 101 b. 96 Alay 103 Aug. 8 t L. A SO. W.—1st, 4*. g. 1989 51 A N 73 b. 59% Apr.
27 %b. 15 Apr.
a O .O ,A t .- C o o s o l .7 g ...I M U J A D 132 b. ISO Ju ne; 1 3 4 % May i
31% Aug.
2d, 4a, g., tn o o in e ....... ..t 9 8 9 J A J
General, consol., 6 g ___1031,J A . ) 127%*». 123% Jan.
127% May | 8LP.M .AM .—D a k ,E x .,0 g .ia io M A N 120%U. 116% Jan. 122% July
aO ,C A 8 !.L .- St.L .D ir.,4s.l9#0 M ,fe N 9.j%b.; 90 rent. 88% Apr. i
lsto o u so l.,6 g
....... ...1 9 3 3 J A .1 128
123 Jaa. 129 June
! 68 Ju ne! 81 Aug,
Feokbi a Kastern, Is. .1 9 1 j A A O 78
reduced to 4 % g .. J A J 106%b, 102% Jan. 107% June
Col. A 9tb Aye. gu. 5s, g . 19 1 \f A .3, 119 b. 115% Mar. 120 July ;
...
95 Aug.
M ontana extension, 4 g.1937 J A D 93 0. 87% Jam
63 Aug.
80% Jam
61
Ool.II,Val.AToL—sjon,,5g.19.il M A 8 * 7 i b. 03 Feb.
8aa.A nt.A A .P .—ls t ,4 g .,g u '43 J A J
547b Jam
96 S e p t
"
General. 6 g _______. . . . . . 1901 J A D ; 52 b.| 40% Feb. 87 Jan.
80. Oar. A Ga.—1st* 5 I - ..1 9 1 9 .M A N 95 b. 87% Fob.
D s n v .* R loG r.—lst,7 s,g . 100 ■ >1 & s i 111 b. 109% May 113% Apr. 80. Paattlo, A rlx —8 g . . . 1909-10 J A J 101
90 Feb. 100% Aug.
1st oonsol., * g ................ 193U J A J
98 %b. 87% July 9 0 June! So. Pad tin. O at—0 g . . . 1905-1 A A O *106
106 Mar 109 S ep t
92% Aug.
91 %b. 85 Feb.
D n L A Iron B'ae -l* t. 5s. 1937 A A O '105 a. 9 7 % J a u e 1 0 5 % S «p t
lstoou eoL .goliL 5 g ....... 19(7 M A N
99% Jau. 104 June So. Pno Ido, N. M.—6 g ....... 1911 J A J 100 b. 102 Jan. 107 Sept.
D al.So, 8 k ,* A ll.—5 g ...l 1937,J A j : 103
95 S ep t
91%
E l'son E l.ill. —lst,oon.g..5i.’0 ■J A J 112 b. 101% Jam 114% June Sontlieru—1st cons. g. as.1991 J A J
87% Mar
92 S ep t
95% Feb. j
E. Teua. re >rg. Ilea 4-5». 193 - H A S
Erie—4, g, p rior bond*___1996 .( A J
91% ' 88% May
88 May
General, 3-1, g ............... 1991; J ,v J * 7 1 b. 02 May
107% Jam 111 June
E .T. V, A G .—1st,7 g . __ 190i> J A J 108
73 * d e p t.!
Erie R r.—1st, son., 7g,..1920 M A a 142%b. 139% Mar. 1*4% Aug. |
107 Jam 112 Aug.
Corns g ........................ 195r, M A N 111
U g D ock, consol., 0 g . 193.5 A A U 134%b. 133 % J an. 130 Mar.
107% Jam 119% Aug.
Georgia Pao, ls t 5 -6 » ,g ., 192 J A J 118
f t . W. A Den. City.—1-6 g. 1921 ,1 A l» 70%
76 S ep t
112 Jan. 116% June
53 J an,
K n oxr. A Onlo I s t 6 s ,g ..l9 2 5 J A J *114
8*LH.A8an.AtJ-M.&P.D.l*|L5g 51 A X 93
; 83 May
93 Get,
Rich. A D an v.oom 6 »,g „1 9 1 ■.1 A J 124%a, 117% Jam 124% June
Geti, E lectrlo.deb. 5 s,g . . . 1922 J A D 101%a, 99% Jan, UK) % Aug. j
111% Jam 116% June
W estN o.C a rlstoom 6 s,g l9 1 4 .) A J
B oo*.A 1'. Cent. gen. i » , g. 1921 A A O 74%
78% 8 e p t ! Standard R op n A r.,lst.6 g .liU d !F A A 00 b. 60 J une 79% Jam
65 % Apr,
99% Jau. 103 J am I Tenm O L A Ry—Tern D .lst,6 g !A A O 87 a. 79 June 89% Sept.
llU pol»U entr*l.~ 4».g.......1953 M A S 1 0 1 %
91 S ep t
Western L ines,1st, 4s, g. 1951! F A A *102 b. 100% Feb. 105% May i
79 Apr.
Birmingham Dlv., 6 « . . . 1917 .1 A J 88%
90% S ep t
InLAGraat Nor.—1st,6s,g 1919 M A N 122
117 May 124 Sept. T exas A Paoldo—1st, 5 g . . 2000 J A D 95%
85% Jau
33% Aug.
2d , 4 %-5s . * . . .................laow i.w * a
30 b. 73 Jam
06 % Sept, j
18 Apr.
2d,lnoom e, 5 g ________ 2000 March
28%
Iow a C e n tr a l.-l# t.5 g . . . 1 338 .1 A D 93 %a. 86 Apr. 100 Sept. 1 T oled o*O u loO en t. 6 g . . 1935.1 A J 102 b. 102 Mar. 108 Feb.
66% May t9 1 S ep t
Kan-C.P.AG - l e t A eol.g Ss’ 2 3 'A A O 80%
77% G e t
32% S 'p t .; T oL S t.L . A K am O .—6 g ..,1 9 1 o J A D t 34
King* Co. K iev.—t s t,5 g .. 1 9 15 J A J
60 a. 44 Fell.
00% Dot. j C olon Paoldo—6 * . . . . . . ..1 8 9 * J A J 102 b 01% Sept, 105 Feb,
Laolede O m - 1 s t,6 s , g . .,1919! i K 101 b. 9 3 % Jan. 103% Aug, 1 Ext. sinking fund, 8 . . . „ 1899 M A S i l l ) b. do Jau. ) 1*21 S ep t
Lake Erie A West.—5 g . . . . 1937 J A J HO R M . . f Jam . . 119 J u n e 1 Collateral trust. 4%___ _ 191 -1 M A X I 45 b. t 47 % Got. 153 Aug.
A L b. 113% ------ .
Ootlat. tr. 08, g. n o te s ...1902 F A A J 41%
4 On Gut. 103 July
laB bore.—Oomop., l» t ,7 s . 1900 .1 A J i 10% » TO.) % Aug. 11* June
Kam Pao.—D en .D lr.,6g . 1894 M A X, 130 b. 113% Jam 120% O c t
C o n sol.cou p ,,2d, 7e....... 1903 J dk 0 * 1 20%b. 119 Jan. 121% Mar.
167 Jau. f 103 S ep t
l s t o o p » o L ,0 g .. . . . . . . 1910 M & N t 96%
Gold. ;,;•**..............
1997 J A D 10 3V » !0 2 % S o p t 104 June
53% S ep t
33 Apr.
Leb.Val.Ter.—1st,gm ,a*. 19U A A O 108-ub. lo a Apr. 112 Aug.
U .P ,D en.ftG nif,oom ,3g, 1939 J A l>. f%%
110 May 116% Oct,
l * x . Av. A P a r.F .g o . Ss.g 1993’M & S' 1W
115% Mar. 120 July
C. 8. Leather—4 F.<leo.0g.l913 M A HI 115
Long U la d 'L -l* t c o n .,5 g .l Mi j ~J
U s a. 113 Jan. 119 May Virginia d id .—GemAL. 5 a 1936 M A N 1 0 1 b, 100 Jam 104% S ep t
101% June ----- O c t
108
91 Sept. Wabasb—1st, 5 g ______ „ 1 9 3 9 M A N 107%
General m ortg a g e ,4 g ... 1938 J A D 91 a. 76% Jan.
63% Apr.
81 S e p t
Louts. A Nasn.—C o n s.7 s.. 1898 A * 0 | !0 1 % b . 101% O c t 100% Mar.
2d mortgage, 0 g , . . _ . . „ 1 9 3 9 F A A 78%
‘
N.O, A Mobil®, 1st, a g . .. 1930 J A J 120 0 ,1 1 6 Jan, 123 June W e s ts . Y. A Pm—1st, 5 g . 1937 J A J 107 b. 104% Jam 109 %J une
50 Feb.
2 d ,«.g .. 1930 ,f A J *107 b. 90% Jam 107 Aug.
Gem 2-3-4S, g 0 ld ..„ .r „ L 9 4 3 A A 0
15%!>. *3 May
W eatCm TeL—OoLtr. 5 s ..1938 J A J 109 b, 106% Jam 109 Ja n e
General, O g ............
1930 J A D 110% 115% Jam 1 1 ) Get.
85% Sept. W " " V it ■ 1 -t s«, . .1 9 )7 J A J f 31 b .lt s s May t-10 Mar.
P n lfled ,4g — ................... 1940 J A J
84 b. 78% Jam
Ho t *.—-"b indicate* price Hd/ “ a” price asked; the range 1» m ade up from sales. * Latest prloe tide weak, t Trust reoelpte. 1 02%°,i>prlu. pd

NEW fO R K STOCK EXCHANGE PRICES—(Continued],—IN AC TIVE BONDS-OOT. 22 .
BEOUMITIEM.

Railroad Roads.
( gtotk Mmhtsnge P riest.)
A labam a Mid.—1st,g ., g u a r., 1928

Aten. Topeka A San Fran,—

CMeago * a t Lou. - l e t , 6s. 1915

Asian. A Da»v.—1st, g . 5a. ..1950
AM. * P»c. ,V ‘r ,r n Division lunnm ,1910
J
n

Bid

Ask,

SEOCttlTIES.

Bid.

B a it A Ohio 1st, 8 b, Park B .lb 9 107% 108%l
6s, g o l d ....... ................... ....1 9 2 5
77%
Cons, inort,, gold, 6a............ 1988
W Va. * P itts.-* at, g „ 5s.. 1990
B. * 0 . 8. W., 1st, g., * % » ... 1990 *97%
Mouon. River, 1st, g „ g ,5 s . .191.»
Cent'l Ohio Reo .—ist,4%f>.193
98* 100
A k.*01i.Juao.—Is t,g ,5 s ,g u .l9 )
B’-onkiyn Elera « d —2d, 5 » ...1 9 8
Be ,•)'!» V R.W <»• •- V" 1 • 2

SECURITIES.
BraurtWlete A W*n—1st, g „ 4 s . 1938
B all.R .& P itta.—R.& P .lot,6 f. 1921
Rooh. & Pitts.—O on «.lst,6».l922
C lear.* Mall.—lst,g u .,g ,58.1943
Bnfl. A Susqueh.—1st, 5s, g 1913
B1 rl.Oed.Rap. A No. 1st, 5s 1906
1
Consol. A oollat. trust, 5s .1934
Minn. A S t L.—la t, 7n, go .1927
fled. Rap. I. F. A tf.,l«t,8 « ,1 9 2 0
i» t .5 « . . . .
...
‘ 971

^2
2
Bid.

Ask.

175%
122
*
108%
100%

126%
123
100%
108%

‘ 105%’
102 - -

TH E

768

CH EO N ICLE.

[V ol . LXV,

NEtV TOttK STOCK. B iCttiN O E P8ICES.—IN ACTIVE BONDS—,{ContinuedJ -OUT. '2i
Bid.

Ask.
94

40

41
15

"*7 "

1013a
1013g
100
100
102

103%

87
ib'2% 103%
ib’0% 1 0 i "
i i 30^
109 111

'106*3
loo104*4
-103
"99*4
93

110

Chicago & Iow a D iv.—5 s ...1905
Ohio. A Indiana Coal—lBt 5 s .1936 i ’o T
CM. Mil. & St. P.—1st,8s,P .D .1898 102*4
2d, 7 3-lOs, P. D ...................1898 140
1st, 7e, $ g „ R. D ................... 1902 140 141
1st, 1. 4 D „ 7 s...................... 1899 140
1st ,0. A M .,7 8 ...................... 1903 140
1st, I. & D .E xtension, 7 s ...1908 140
1st, L a C. A D av., 5 s .......- 1 9 1 9
1st, H .A D .,7 s .................... 1910 f129
109
1st, H. 4 D .,5 s .................... 1910
Chicago & Pacific Div., 6 s—1910 119*4
109*4 i l l '
Mineral Point Div. 5 s....... ,.1 910
0. A L. Bnp. D iv., 5s............ 1921 113»S
Fargo & South., 6s, Assn. ..1 924 115
Inc. conv. sink, fund, 5 s ....1 9 1 6 106*4
Dakota A Gt. South., 5 s ....1 9 1 6 111
M il.& N or.m a in lin e—6s—.1910 120*4
Ohio.ANorw.—30-year deb. 5s. 1921 113 115
Kscanaba & L. 8 .1 st, 6 s ....1 9 0 1 105
Des M. & Minn.—1st, 7s___1907
Iow a Midland—1st, 8 s .... ..1 900
Chlo. A Milwaukee—1st, 7 s .1898 103
Win. * St. P.—2d, 7s............ 1907
Mil. & M a d —1st, 6s............1905
Ott. C. F. * St. P.—1st, 5s. 1909 108%
Northern 111.—le t, 5 s.......... 1910 109
Mil. L. 8. AW —C on.deb.,5s.l907
Mioh. Div., 1st, 6s.............. 1924 i'3 "i"
Ashland Division—1st, 6a 1925 130
0H.R.I.AP—D .M .A F .D .lst 48.1905
1st, 2% s-----------...1 9 0 5
61*4
Extension, 4 s.....................1905
Keokuk & Des M.—1st, 5 8 -1 9 2 3 102*4
Ohio. St. P. A Minn.—1 st,6 s .. 1918
St. Paul & 8. C.—1st, 6a....... 1919 129
Ohio. & W. Ind.—1st, s. f., 6 s .1919
Gen. g .,6 s ............................... 1932 ♦118
Chlo. & West. Mioh.—5 s.........1921
Oln Ham. A D.—Con. s. f., 7S.1905
Id , gold, 4*88..........................1937
Oln. D. A Ir*n—1st, gu. 5s, g.1941 110*4 111
City & Sub. (Balt.)—1st, g., 5s.1922
C lev.Ax. A Col.—Eq. A 2d 68.1930
Olev.ACan.—Tr.otls.forlet5s.1917
70
68
o C. C. A St. L.—Gen., g. 4 s.. 1993
86
Cairo division, 4 s..................1939
90
Sprlng.&CoLDlv.—lst,g. 4s. 1940
WttlteW.Val.Dlv.—1st,g. 4s. 1940
85 '
Otn.Wab.AM.Div.—le t,g. 4s. 1991
88
Oln. I. St. L. A C.—1st,g.,48.1936 100*4
Ornsol ,6 s ...............................1920 120*4
01n.8an.ACl.—O on.lst,g.5s,1928 110
Indiana B. A W .—1st pf.7s.1900 105
Ohio Ind.AW.—lstp re f. 58-1938
Peor. A East.—Inoome 4s -1 9 9 0
20
a Col Oln. A Ind.—1st, 7s,s.f.l899 107
Consol, sink, fund, 7 s.......... 1914
dn.A B pr.—le t,C.0.C.AI.7S.1901 108
Oleve. Lorain A Wh.—1st, 5 s .1933 101 104%
Oieve A Mah. V.—Gold, 5 s . . . 1938
Col. Mid. lBt, g .,6 s . aastii___1936
66
Tr. otfa., oon.,4s,2d aSB’tpd.1940
15
Del. Lack. A W .—
M ore 7s.................................. 1907
131
Syra. Bing. A N. Y .—1st, 7s. 1906
128
Morris A Essex—1st, 7 s___1914 143*4
Bonds, 7 s ............................. 1900 109
Ts o f 1871........
1901 111*4
1st, con., guar., 7 s............ 1915 143
Warren—
2d, 7 s ..................... 1900 103*4
D.
Ail.C an.—Pa.D lv.,oonp.7s.l917
144
Albany A Snsq —lst,gu.,7B.1906 121*4
1st, cons., guar., 6s.......... 1906 114H 116*4
R ecs. A Bar. 1st, ooup., 7 s.l921 149
Deny. Tramway—Cons. 6s, g . 1910
Metropol. Ry —let,gu. g .6e.l911
Deny. A R. G .- mp g .,5 s ...1928
87*4
Det.M. A M.—L. g.
.s,eer.A.1911
18*4
Det. A Mack.—1st lien, 4 s ,g ..l9 9 5
4s, gold ....... ............................1995
Erie—
1st, ext. g. 4 s ........................ 1947 112*4.......
2a, extended, 5 s ...................1919 •118% .......
Sd, extended, 4 % s ............... 1923 112*4.......
4th, extended, 5s................... 1920 119 1121
5th. extended, 4s.................. 1928 104 1106

SECURITIES.

B id .

Aak.

Erie—f Con.)—
___
1 it, oon., g., f d, 7s . . . . . . . . . 1 9 2 0
B. N. T. A E.—1st, 7s. ........1916 135
Bufl. A 8. W.—Mortg. 68 — 1908
tefieraon—1st, go, g 5 s . ...1 9 0 9 103%
Heel A R R .-O s ...................... 1922
ricrtV AT„iot...i«t6p enrtev * o m ♦ n o ' i i T "
I05*a
N.Y. A Gr’nw'd L.—Gu. g. 5s. 1946 *
Ivans. A I’. a . — isr, oou s.,6s.i921 110
' st, general, g., 5 s ................ 1942
...»
M fV ernon 1st 6s................... 1923
ini. Co. Br. 1st, g „ 5s.......... 1930
Evans. A Indian.—1st, oons—1926
Flint A P. Mara.—Mort., 6s.-1 9 2 0 109"“ 11
le t, con. gold, 5 s . ... . . . . . . . . 1939 ____ , r 90
83
77
Pt. Huron Div.—1st, 5 s ---- 1939
Ha. OeD A Pen.—1st g. 5s---- 1918
1st, 1. g.. ext. g., 5s— ....... 1930
1st oon. g., 5 s -------------------.1943
Ft. W. & Rio Gr.—1st, g „ 3-4S.1928 "56% 58“
--Gal. Har. A San Ant.—1st, 68.1910 106
105*8
2d mort., 7 s............................1905
Ga. A Ala., 1st, pref., g. 5 s . ..1945
....
Ga. Car. AN or.—1st, gn. 5 s ,g .l9 2 9
Hougatonlo—Cons, gold 5s— 1937 123"
N. HavenADerby, C ons.5s..l918 114^
Hone. A T ex. C.—WaooAN.7s.1903 1 2 5
1st g., 58 (int. g td ).—.......... 1937 *111
Cons. g. 6s (Int. g td )-----------1912 *103
Illinois Central­
is t , g., 4 s .....................
1951 109
____
99
1951
1st, gold, 3*48......
Gold 4s .................................. 1952 100 102
2-10 g „ 4 s...............................1904 *99
Cairo Bridge—4 s................... 1950
"1 “
Spring!. Div.—Coup., 6 s . . . .1898
Huddle Div.—R e g - 5s.......... 1921
O. 8t. L. AN . O —Ten 1.,7 s .1897
1st, oonsol., 7 s . . . . . . . . ........1897 *102*3
Gold, 5s, co u p o n ------ -------1951 122
Memp, D iv., 1st g. 4 s....... 1951 . . . . .
lO ™
Ind. Deo. A W.—1st, g ., 5s___1935
90
Ind. Ills. A Iowa.—1st, g, 48-1939
1st, ext., g. 5s.........................1943
*42
46”
Int. A G. N’n —3d, 4s, g ........1921
40
40*«
KingsC o.-F.El.,lst,5,g.,gu.A .1929
Lake Erie A West.—2d g., 58.1941 102 103*8
tOl
Nortli’n Ohio—1st, gu. g. 5B.1945
L. 8. AM .Son.—B.AE.—N e w 7 s .’98 *101%
Det, M. A T.—1st, 7s.............190f ' l i 9
Lake Shore—Div. bonds, 7S.1899 103*4 106
Kal. A ll. A G. R.—1st gn. 58.1938 120
Mahon’g C oalR R .—1st, 58.1934 120
LehlghV.,N.Y.—1st gu.g.4*48.1940 I0l*fi 103
Lehigh V ’y Coal—Ist5 s,g n .g.l9 3 3 *96*4
90
93
Lehigh A N.Y.—1st, gu. g. 48.1945
E lm iraC .A N .,lst.g.lstpf.6s.l914
Guar., gold, 5s....................1914
Lltohf. Car. A W est—1st 6s. g.1916
Little R ock A M.—1st, 5s, g -1 9 3 7
Long Island—
1st, 7 s ......................................1898 104
93
Ferry, 1st, g., 4% s................ 1922
Gold 4 s....................................1932
103’
N. Y. A R ’w ay B . - l s t , g. 5 s. 1927
2d m ortg., in o..................... 1927
N.Y.B.AM.B.—ls to o n . 5s,g.l935
106*4
Brookl’nAMontank—lst,6s.l9 11
1st, 5 s .................................. 1911
No. Shore Br.—lstoon.5s,g,1932
32
Lonls.Evans. A St. L.—Con.5s.1939
Louis. A Nash.—Cecil. Br. 7s—1907 104% 106*4
113%
E. H. A Nash.—1st 6s, g — 191f
Pensacoia Division, 6 s....... .1920 103
St. Louis Division, lBt, 6 s ...1921
2d, 3s....................................1980
Nashv. A Deoatnr—1st,7 8 -1 9 0 0 107
8. f.,6s.—8. A N. A la ............. 1910
50-year 5s, g .,........................ 1937 1 0 6 " 103
Pens. A A t . - 1st, 6s, g o ld ... 192] 1 0 2 %
Collat. trust, 5s, g ................ 1931 102
L.AN. A M.AM.—1st,g.,4*481945 105
Nash.Flor.A8.—1st, gn., 5 s .1937
87%
So.A No.Ala., oon. gu. g., 5S.1936 *92% 93%
Kentuoky Central—4s, g . . . 1987
68*4
L. A N .—Lou.O.AL.—g. 4*48.1931
Lon.AJetl.BdgeOo.—Gu.g,4s. 1945
Louisville Ry—1st, oon.,g.,5s.l930
Memphis A Chari.—6s, g o ld -1 9 2 4
Mexican Cent. Consol.—4s, g.1911
1st, cons. Inoome 3s, g _____1939
Mexioan National—1st, g., 68.1927
2d, income, 6s, “ A ” .............. 1917
2d, inoome, 6s, “ B ” ......... ..1 917
Miohigan C e n tra l68..........................
1909 116%!
Coupon, 5s...............................1931
Mortgage 4s........................ —1940 107”
Bat.L.AStrgis.—Ist,3s,g.gu.l989
Minn. A St. L.—1st, g. 7 s .........1927 1 4 0" 149%
Iow a E xtension, 1st, 7s....... 1909 118
Southwest Ext.—1st, 7s.......1910 121
Paotflo E xt.—1st, 6 s .............1921 119
M o.K .A T ex.—1st, ext., 5s, g.1944
85
Mo.K.AT.of T ex.lst,gn .5s.g.l942 *81
Kansas City A P., 1st,4 b, g ..1990
67
75
Dal. A Waoo—1st, 5e, g u ..,. 1940
Missouri Paoifio—Trust 5 s .. 1917
72
1st ooU., 5s, g ........................ 1920 *60
70
Mobile A Ohio—1st ext., 6 S ...192'
117
St. L. A Cairo—4s, guar....... 1931
83
Morgan's La. A T.—1st, 6S....1920 116
1st, 7s...................................... ..
126
Nash. Chat. A St. L.—2d, 68 -1 9 0 1
109
N. O. A. No. E .-P r . 1., g „ 6S..1915
N . Y. Central.—
Deb. g. 4 s ...............................1905
104*4
N. J. Juno—ouar. 1st, 4 s...1 9 8 b 104
Beech Creek—1st, gold, 4 8 -1 9 3 6
108%
Osw. A Rome—2 d ,5 s,g .,g u .l9 1 5
Utloa A Bl. R iv.—4s, g „ gu.1922 107*4
N. Y. A Put,—1st, g., 4s gu.1993
N. Y. N. H. A H . - l ’st, r e g .is . 1903
N. Y. A Northern—1st, g. 5 s . . 1927 *118 132
00
01

SECURITIES*
C. Oklo—Col. A O in.M .let,4% s.l939
Oent. BB . * Bank. -C o l. g .5 s.l9 3 7
Oent. R y. of G a . 1st, pref. lnrorae, K-, 5s ....1 9 4 5
2d, pref. Income, g., 5 s ....... 1945
Sd. pref. inoom e,g., 5s.........1945
Mao. * Nor. Dtv.. ls t .g ., 58.1946
M obile Div., 1st, g., 5 s ....... 1946
Osnt. of N. J.—C o n v .d e b .,68.1908
Cent. Faclflo—
_ _
„ ___
Ext. sr. 58, aeries A B C D ..1898
* Gold 5a, series E . . ............ - J898
San Joaquin Br., 6 s.............. 1900
Mort. gold 5a..........................1939
Land grant, 5a, g . . ... . . . . . . 1 9 0 0
Cal. A O. Div., e x t., g. 5 s ...1 918
West. Paoifio—Bonds, 6s— .1899
■go. Railway (CaM—1st, 68.1907
50-vear 5 s............................-1988
Oent. Washington—1st. g., 68.1938
Cbaa. A 8av.—1st, g., 7 s.........1936
Ottos. A O.—Pur. M .fn n d ,6 s-1 8 9 8
Craig Valley—le t, g „ 5s— .1940
Warm Spr. Val., 1st, g. 5 8 -1 9 4 1
Ellz. L.A Big Sandy—G. 58.1902
OttfB. O. A So. W est—1st 6s, g.1911
f d Q$....................................... 1911
Ottioago & Alton—8. F ., 6 s---- 1903
Lonls. & Mo. R iver—1st, 78.1900
Sd, 7s....................................19°6
St. L. Jacks. A Chic.—2d, 7S.1898
Miss.R. Bridge—1st, s. f., 6S.1912
Ohio Bnrl. A Nor.—1st, 5s-----1926
Chlo. Burling. A Q.—5s, s. f ..1901
Iow a Div.—Sink, fund, 5 a ..1919
B in tih rfn n d ,4 s.......... . 1919

SECURITIES.

^ 2 ° PrtoeF rid ay; these are the latest quotatlona made this week. » f o r < ll» c - t i a u e o u s H o a d s —See 3d page prooaling.

V
I

Bid.

Ask,

N. Y . Snsq. A West.—2d, 4 % s.l9 3 v
Terminal, let, tr. 5 s ............. *943 108
96%
Wllk.A East.—1st,gtd.,g.5s.1942
Northern Pacific—
St.Paul A N. P.—Gen., 6 s ..192? 128
li>7
Norfolk A South’n—1st, 5 s,g .l9 4
Norfolk A West.—General, 6s. 193! 123%! 125
New R iver 1st 6s..................193r
Imp. A E xt., 6s...................... 193
Col.Conn.ATer..1st,gu.g 58.1922
84%
84
SolotoV.AN .E.—Ist,gu.g.4s.l989
Ohio A Miss.—Consol. 7s....... 4898 102 % 1021s2d oonsol. 7 s ..........................1911
Spring.Div.—Is t 7 s ............... 190? 103%
General 5 s .............................. 193‘
Ohio R iver R R .—1st. 5s.......... 193' 102 %
Gen, g .,5 s ............................... 193’
60
Omaha A 8t. Louis.—1st, 4 s ..193*
58
Oregon A Califor.—1st, 5e, g .1 9 2 '
Oregon Short Line—
Utah A North.—1st, 7s.........190‘ 117 119
Gold. 5 s ...... ...................... 192' 101
So”
Non-c.um. Inc. B . and ool. tru st..
108%
Penn-P.C.C. A8t.L.0n.g.4*4s a 19*
Do
do
Series B 1942 108*4
Do
do
Series 0 1941
100
Do
do
Series D, 4s, 194
P .C .A 8.L .-lst,0.,7s................ 190
140 143
Pitts. Ft. W. A O —1st, 7 s.-1 9 1
2d, 7 s .................................. 1911
uo“
3d, 7 s....................................1910h.8t.L. AP.—lst,oon.5s,g. -1 9 3 * 116%
Olev. A P.—Cons., s. fd ,, 7 s .l9 0 ‘ 111
Gen. 4*4S, g., “ A ” .............194
Do
do
Series B 1942
103%
8t. L .V .A T .H .—1 s t ,6 s .,78.189
103%
...1 8 9
2d, guar., 7s________
Gd.R. A I.E xt.—lst,4% s,G .g. 194
A lleg.Val.—Gen., gu,, 4s, g.1942
N.ACin.Bdg.,gen.gu.4*4S.g.l945
Penn.R R .—1st real, est g. 4 s.1923
Cle. A Mar'ta—ist,gu.g.4% s. 1935
D. Kiv.RR. ABdg—lst.gu.g.43,’36
114
Peoria A Pek. Union—1st, 68.192
91
*81
2d m ortg., 4% s.......................192
Pitts. Oleve. A T o l.—1st, 6 e.-1 9 2
Pitts. A L. Er.—2d g. 5s, “ A ” . 192!
Pitts. Mo. K. A Y .—1st 6s.......193
Pitts. Painsv. A F.—1st, 5 s . ..191
Pitts. Shen.A L.E.—lstoon .5 s.1941Pitts. A West.—M. 5s, g.1891-194!
[Pitts.Y’gst’nA A .—1st, 5s,oon .l92r
IR io Grande So.—1st, g., 3 -4 s .l9 4 ;
St. L. A, A T. H .—Term. 58 —1914 105
Bellev. A Car.—1st, 6s..........192:
103
Chi. St. L. APad.—lst.gd. g. 5 s 191
90
St. Louis So.—1st, gd. g. 4 s .l9 3
do
2d Inoom e,58.193
90
Car. A S haw t.—1st g. 4 S ....1 9 3
I16
St. L. A 8. F .—2d 6 s ,g „ ol. A . 190
116 117
2d, 6s, g., class C .................190(
1 s t ,tru st,gold 5s.......... . 198
Ft. 8. AV.T3. Bg. —1st, 6 s...1 91
105*
Kansas M idland—1st, g.,4s.l937
St. Paul City R y, oon . 5s, g .. .1937
Gold 5s, g u a r __________ ...1 9 3 7
St. Paul A Duluth—1st, 5 s ___ 193! 111
2d m ortgage 5s.......................191* 103 104
St. Paul Minn A M.—2d M, 6s. 190' 117%
Minneap. U nion—1st 6 s ... 192
119
Mont. Cen.—1st, guar., 6 s.. 193
1st guar. g. 5 s ..................... 193' 105 106%
106
East. Minn., 1st div. 1st 5s. 190
108%
Wilm ar ASlouxF.—1st, g,5s.l9 3
San Fran. A N. P.—1st, g „ 5s.l91* 101
Sav.Fl.AWest. —
1st, oon. g.6s.l934
Seaboard A Roanoke—1st, 5s. 192b
40
8eat.L .S .A E ast.,l8t6s,asst.pdl931
Southern—Ala. Cent., 1st 68-1918
Atl. A Char.—Inoom e, 6 s . ..1900
Colum. A Green.—1st, 5-6s.l91 t
E. Tenn.V. A G a .-D iv i8 .5 s 1930 114%
Rioh.A Dan,—E q. s. f. g. 58.1901
Deben. 5s, sta m p ed .........1927 *99
Vir’ a Mid.—Serial ser.A, 6s. 190t
Series B, 6 s . . . . . . . . . ........... 1911
Series C, 6s.......................... 191f
8eries D, 4-5s . . . . . . . . . . . . . 1 9 2 !
Series E, 5 s ..................... 1926
Series F, 5 s . . . . ______..... 1 9 3
Gen., 5s, guar., stam ped .193e *104
Wash.O.A W.—1st oar.gu.4s. 1924
-..■■a
Sunbury A L ew is.—1st, g.,4s,1936
110
Ter. A s’n o f St. L.—1st, 4% s.l93:
1st, oon. g. 5 s—.......1 8 9 4 -1 9 4 4 *10658
St.L.Mor. Br.Torm .,g.5s,gn.,193i *102 102%
Texas A New Orleans—lst.7s.1906
Saoine Division, 1st, 6 s....... 191, *105“
Oonsol. 5s , g—
194? *96
Tex. A Pao., E. D.—1st, g. 68.1906 *105%
123%
Third Avenue (N.Y).—1st 5s, 1937
T.AO.C.—K an .A M ., Mort. 4S.199C
77
73%
Tol. Poo. A West.—1st, g., 48.4917
71
Ulster A D el.—1st, con .,6 .,5 s.l9 2 i 100 103
Union Paoifio—1st, 6 s ............ 189t 101% .....0
1st, 6 s..................... ................189
101%
1st, 6 s....... ..................
189?
Collateral Trust, 6s............. ,190i 100
Collateral Trust, 5 s....... ....1 9 0 '
*80
——
Kansas Paoifio—1st 6s, g .„ 1 8 9 i
1st, 6s, g . . . . . . . . . . . . . . . . . . . 189' 115
0 . Br. U P. - F . c., 7 s.......... 189‘
50
34%
Atoh. Col. A Pao.—1st, 6 s ...190?
32
u . P. Lin. A Col.- 1 s t , g „ 5a. 1911
30
——
Wabash—D ebenture, Ser. A .. 1931
Debenture, Series B .............1939
28% 31 "
100
Det. A Ohio. E xt. 1st, 5s, g . 194i
St. L.K.O.AN.—8t.C.Bdge6a.l90» 108
13
West N .Y.A Pa.—Inoome 5 s ..1943
11
W est Va. O. A Pitts.—1st, 6 s .191
92
W beei.AL.E.—1st. 5s, g o ld -.1 9 2 (
91
W heeling Div., 1st, 5s, g —.1928
75
Extension A Im p, g., 5 s..._.19 3t
Wls. Cent, inoom e 5 s .............. 1937

THE CHRONICLE.

OCT0BEB 33, 1897,]

Investment

BOADS.

769
Latest Grose Earnings.

Week o r Mo

Am
>

8

Railroad Intelligence,
RAILROAD

EARNINGS.

The following table shows the gross earnings o f every
s t e a m railroad from which regular weekly o r monthly returns
can be obtained. The first two columns o f figures give the
g r o s s earnings for the latest week or month, and the last two
oolurnns the earnings for the period from January 1 to and
including such latest week o r month.
The returns o f the street railways are brought together sepa r t y .il on a subsequent page.
Latest Grow Earning*.
B o ADS,

i Weekor

4
— '

1807,

1800.

Jan. 1 <0 Latest Date
1897.

9
*
135,240
20,865'
38,008' 1,215,976
439,430
44.W93

1896.

*

128,745
A dirondack __ - August
lip s 37
1,139,919
A la. O k S outh.. 2d wtc Get.
32.327
395,906
Ala. Midland .. . August----45,303
Ala. St. O .Tex. A Pao. Jane.
918,742
925,079
S . O rl.A N. E. SepterabT.
03,753 109,981
401,113
388,210
55,8 20
Ala. A Vleksb. SwJUemb'r.
38.024
373,244
386,230
Vleics. Sh. A P. SvptetnbT.
10,740
52,278
AB egaeny V a l.. A ugust—
217,674 212,830 1,387,430 1,568,734
997,358
24,131
911,521
A nn A r b o r .........2d ark Oct.
27,701
6,885;
60,432
56,294
7.096
A rk. M idla n d ... A ugust___
Atch-T. AB.Pe.c A u g u s t.... 3 ,2 1 4 ,8 1 2,678,461 20,242,872 18,633,131
A tlanta A Char. Ju ly ..........
127,936
130.71!
981.875
837.051
A tl. K n ox.A N o. September.
27,504
21.445
204.862
211.620
A tlanta A W. P. Allgnat---44.006
40,999
348,654
320,429
Atlan. A D a a v .. 2d w kO et14,202
12,628
417,393
423.413
9.865
30,984
98,185
141,502
A ustin A S ’ west J u ly ..........
Balt. A O h io___SejJsemb’r. 2.319.065 2,2 92,9 31 18,942.12118,202,206
Bat. A O. S oa'w . 24 wk O ct,! 145,899' 118,825 4.978,678 4,795,259
B ath A Hain’ nd* August . ..
3.337
2,356
15,607
14,704
Bit . A Atlantic'. - pt# mb*r
2.509
2,5“ 3
16,467
16,338
Bran* WkAWeet; A ugust___i
44.979!
43,729
369.723
896.03U
77,529 2,631,132 2,392,214
Bnff.Koeii.APtu 26 wk Oct.
77,674'
Buffalo A 8u.su.. A ugust---5-6,240'
49,654
378,808:
321,734
B or.y, Rare, A N . l.-tw k O ek
109,815! 117,042 3,125,761 3,312,303
4 10,0 )' 17,042,011 15.406.392
OanadUu PaclBc 2d wk Oct.' Oll.OoOsr. M idland... Sejrtewb'r,
7,644
7,906
41,579
42,071
Cent, o f GeorjrtaTd wk Get. 137,370 133,543 8 ,9 -1 ,9 1 0 3,919,218
Central o f It. J . ■August.... 1.274.709 1,163.195 §,040.738) 0,105,144
' .........
C entral P sd fle . J uly ........ 1,400, '78! 1 4 0 8 ,6 4 s 7,218.049 6,729,010
ChailM ffnAHav. A ugust—
3.5.502 jo . j o i
424,990
307,130
Char. A W. Car. M ay..........
50.291
9
Ghm, A Ohio----- 2d wk Oct..; 223, h70. 205,425; 8,861,588s 7,999,680
Ohio. B or. A U.d-Aujfttot - 3,854.013 3,114.267 2.1,838,910 21,459,735
Ohio. A East, IU.Ad wk Oct. 106,03-.
43,054 3,037,193 2,976,571
OUe. Ok West'll 2d wk Ort. 122,119 103.267 3,923,953 3,688,443
Cble. Ind. A I,.. 2d wk Oct.
73.028
57,217
............................
OhlO.Mil. A 84 P, 2d w k O ct.: 801.088 740,416:24,060,803:24,036.858
Cule. A N ’tbW n. r>|#etetnb*r. 3,501,045 2.813,064 23,907,090 23,942,176
C hle.P co.A 0t L. Sep!..uib'r.
6.4,000
68,141
582.800
663,726
Ohio. K'k L A P ., SoptwnbT. tJJ07,»Wl 1,483,6 .0 11,986,445 11,310,971
0tde.4t.P.M .AO. A u g u s t.... 7t»,a 3 S ' 679,631. 4,853,536 4,764,940
C h la T er.T r.ltft. 2d wk Oct.
34,350 1,292,039 1,286,422
35,446
Ohio. A W. Mich. 2*! wk o n . .
88.278
692,238
627.030
Choc. Ok.A <mtf Augu>;___ 107,740
Oln.N.O. * T. V.
r
327,149' 284,551 2,603,694 2,479,178
16,381
473,442'
631.20.*
Ol*v.Can. A 80 . . :1st wk Oct.
10,449
o u a n .c t u k s t .1 - 2*1 wk O ft. 30 4,907' 288,022 10,607,530 10,186.453
40,002
34.061 1, .79,634 1,210,896
Peo. A B **t'n. 2d wk S eptCL Lor. * Wheel. 2d » k Out.:
'
9 9 5 .-0 9 1,0 .5,069
'
39,553
------22,535
Co! Midland .. . — ptemb'r. 102.1 It 154,304 1,274,172 1,378,407
Out. H. V .A T o t 0. | cmli'r, *233,130 220,217 1,051.097 1,852,852
i‘
Oot,A Red Mount Ju ly..........
6,841
71,4 JO
312.909
0>t.San.Ty A U. ; wk* June!
46.964!
844.074
49,828
18,455
Oolusa A teaks., .reinc-mb'r.
3.100
13,101
2 ,»VU
8,235
C r y s ta l.............. A u g u -t____
1,311
7»2
8.421
543,720
CmabT’ d Valley A ugust___
4 1.37 4
506,50 4
80,004:
C en v .A BiO<>r. 2.1 w kO et, 171,300, 141,600: 5,828,4071 5,619,410
§0,1:52
D*» M. A K aa.u ; 1st wk tiut.
3.101
2,417!
l I7,u i7
0R4. M. N, A IV
ptenibT.
320,698
42,067
■44,187!
310,601
Det-G.FUp.AW. 2d wk u,.t.
935,0o5
23,133 1,000,11 «
20.061,
Det. A Lima S o .-2d wk Oct.
*
8.534:
313.048
D *t.A Mackinac A u g u st..,.
380,733
33,810;
25,080
Im'.uth .v tr. B. A vgust___
, 1,870.8 41 1,010,490
Daluth0.8.A.4U. -M * i Oct.
30,635. 1,295,676: 1,009,153
34.337
x ig m jo i.A E a a u 0cpEcu,if‘ !-.
969,133
99,728*
99.030;
853,012
* « * ................... August . . . 3 ,1 8 1 ,0 1 2,687jiOO'20,02s,794 20,054,202
Baraka Springs. A ugust— :
7,758,
5,061'
43,705'
40,948
M va aa .A U d ’ i>ils 2,1 wk O ct.:
-2 0,11 3
234,675
7,194
3,249
B rans. A K loh .-Jilw k Aug.!
31,713:
73,551
2,131
1,396.
B v a o a v .k T . i l . 2d w . Out.
853,1110;' 343,888'
25,412
21,230
Pueftburg.......... August____ 665,181 02*3,9113 1,833,953 .4,758,461
M s t , A P.Mar*}.:2<i wk Set.i
59,026
47,442 2,140,479 2.052,954
B 6 0#a*. APe» 4i*twifcO«t.' 46,404
Sfc.
41)533 1.030,070 1.637,793
40,404
u l.5 5 3 i;§30.'.7*i 1,037,793
lf%.W
*’.h.tltrn.i. ithstu-p!
21,870
{820,623
652,537
26,756:
-ft. W. A Rio l ir. Cd wk Out,:
7,814
254.731
230,940
14,646
0,377
8,001
< M 4 A Ats. 0. Septearti’r,
047,
G eorgia RE. . . . . *24 wk Clot.
43,381
86,105 1 1 8 3 ,S8S: i ! 17,394
§2 i ,250:
635,339
George* A Ala.. ' 24 w * Out.' 26,544
22,006!
y »-«S W ia A K o. August. .
502.030
50*2,497
67,089!
76,802
® «o . So. A H * .. %ep'te:t!bTc
633,077 ! 650,402
77,098
70,494!
S r. Ban, A I M ,, 2d w k Out.
40,035:
33,951 1,52.1.905' 1,545,8*17
an. k. Art.-w. ;.2tl Wk
•
313.049*
317.835
0,597:
Traverse City, :3d w k Oct.;
30,200!
37,700
821!
756!
Mas. <>. H. A l. .2*1 wk Oct.
90,685
93,932
2,222
2,890:
T ot. all line* 2:1 »*6 Oflt.
52.3411
43,4491 1,957,839 2,000.400
ftt.Tr*ak Srwffm :» i wk Oct. 540,30.! 52 L 0 80 17,8 t o , 'i t - 17,5-6,038
Ohio. A t f c Tr 24 wk Or#,3,100: 2,3 01,095 2,455,031
67,260
Dec.U r.ll. AM 24 wk Oei.
- 1 17
773,91'.
743,123
22,21.5:
2.i, -•*■*
CVn.Sag,*M ac;3d wk O ct.1
*JO,fl99!
99,038
3,1 M:
2,766!
Tot.S. A M uak |*M wk 0#t.
84,950
03,495
2,827
2,118'
C roat S ortli’n at. P. M. A M 0.'i.tcr,,:.*r. 2,045,08(1
East of' M inn..
ifT r. ‘ 258,7 o9 \

M/u’.ruU',

Tot. system
G*tf B*:i;p.ldtKc' .
G ulf A Oflicstgo
B o o s f : u. A ve il.
S ou *. A Tek.Ceci
lulfi-M I a n :

180,916,

1897.

__,. .

2*488,755 2,170.200 13 ,8< > M 95[l3,536,l§j
Septem Vr.
8,421
i»,532
01,214;
00,938
SetdWBb'f.
3,033
4,357'
30,379!
28,808
senteflib'r.
5 ,to:)
3,73?!
40,647:
311,500
J u ly ,— . . 208,022 20*2,0.16 1,533,791 1.511,800
sen’toonh'r. 12290406 11 9U )05l *17118105115373589
lad. Oac.A W
est, 3wks.Aag.
3 $ jm ;
36,620*'
!
........
Ind, 111, A l e v a V ic ::*! ...
.Ill,:Ills
55,428
498.37f#: 511,708
2d Wk Oct.
97.7S7
»§,«*»>' 2.6I U 335! 2.-19S.55 1
fif.AU*. ft

1896.

I Jan. 1 to Latest D a te.
1897.

1896.

tlnteroo. (Mex.) wic. Oct. 2
52,600
51,900 1,953,563 1,721,717
Iow a C en tral... 2d wk Oct.
40.902
38,589 1,297,585 1,375,327
Iron R a ilw a y ... Septenib'r.
4,131
27,773
2,517
33,755
Jack. T. A K . VC. A ugu st___
19,602
20,402
205,092
212,958
KanawhaAMloh - J wk Oct.
10,213
7,873
407.365
350,470
K.C.F.SoottAM . 1 st wk Oct.
93,134
83,504 3,583,074 3,303,720
K.C.Mem. & Bir, i st wk Oct.
30.421
21,765
860,395
835,707
Kan. O. K. W -----.Septeuib’r.
30,919
22,561
251,796
196,441
7,071
Kan.City A Om. 2d wk Oct.
178,449
3,645
83,472
K,
O. Pitts. A G ..(2d wk59,731
Oct.
17,197 1,715,895
570,962
Kan.C. Sub. Belt 2d wk Oct.
10,107
399,261
5,597
277,154
Keokuk A West. 1st wk Oct.
8,552
309,927
8,028
302.169
L, Erie A ll A So. Septeuib'r,
3,852
45,404
4,405
42,402
I,. Erie & W est. 2d w k Oct.
70,492
66,876 2,687,773 2,650,029
Lehigh A H u d .. SeptembT.
36,750
30,913
271,660
292,720
Lehigh VaL R E . A ugust___ 2,011,174 1.827,840
Lein V. Coal Co. Aviuust___ 1,581,035 1,166.004
17.182
I.ex’gtonA*East. August ...
138,709
14,3*26
138,880
Long Is la n d . . . . Septemb'r. 437,991 390,863 3,132,65ft 3,079,366
L ob Ang. Term , aeptem b’r.
8,047
72,523
0,147
68,781
Loule.Ev.ASt.L 2d wk Oot.
32,972
30,920 1,138,09s 1,212,300
Lon. H, A St. L .. - d wk Oct.
13,593
389,286
9,440
364,872
Louisv.ANashv. 2d wk Oct
437.125 444,816 10,117,359 15,587,654
M a con & B lrm .. Scptemb'r.
5.878
43,314
6,004
42,799
M anistlqua------Septemb’r.
11,261
104,842
97,519
11.363
MemphlsACluw ls tw k O c t
27,248
28,“ 11 1,02*3,098
9*28,498
IMexiean Cent.. 2d wk Oct, 218,100 194,936 9,833,729 7,764,395
M exican Inter1 A ugust___ 234.748 204,152 2.017,659 1,895,168
!.
IMex. National. :*jd wk O e t 106,804 111,857 4,641,867 3,937,354
42.518
M,
x. N orthern.:A ugust_
378,826
53,331
531,838
71.000
70.000 2,838,907 2,352,093
!M exlcanB ’ w a j W k. Oct. 2
M exican S o....... ! ith w k sep t
16,950
524,253
14,056
403,395
Mlnneap.ASt. L * ,1 wk Oct.
2
57,077
49,824 1,609,310 1,533,332
92,312
M.SkP.A&St.M. 3d wk Oct.
95,87 P 2,828,964 2,840,884
Mo. Kan. & Tex. j- d w k pet. 290,803 288,715 8,576,537 8,791,513
Mo. Pao.AIron51 2d wk O c t 556.000 455,00b 18,427,000 16,789,733
Central B r’ch. -jd w k Oct.
25,00873,000
16.000
575,382
T ota l............ 2d w kO et,
581.000 471,000 19,300,001. 17,365,115
224,821
0,307
M ob ile * Blrm.. lstw k O ct.
229,490
Mobile * O hio .. Septemb’r. 340,169 315,399 2,828,755 2,588,530
M ont.AM ex.Gll Ju ly. ..
114,722
665,380
797,534
90,961
Nash-Ch. A St. L. SeptembT. 486,652 435,022 4,007,748 3,693,607
Net. A Ft. Sh’p ’U August .
101,295
14,044
Nevada Oeutrai. August. *24,406
3,245
2 1,056
2,967
N.Y.GAH. R.. Septem b’r. 4,483,919 3,968,492 33,602,235 32,406,4 64
N. Y. Oat, A W .. 2d wk Oct.
74,474 3,060,992 3,010,083
88.409
N.Y.S u m .A W. A ugust---195.83*2 180,129 1,402,519 1,410,802
Norfolk A W est 2d wk Oct. 260,047 228,111 8,501,417 8,717,216
Nortlies’u <G».| July
4,312
32,190
32,020
3,699
Northes'n (8. C.i M a y ..........
45,870
42,717
North'u Central A ugust___ 635,098 516,396 4,209,186 3,965,1*8*8
N.irib’ u PaelOo. 2d wk Oct. 583,561 516,572 14,976,819 14,293,522
Oconee & West. June
2.834
16,767
17,133
2.605
Ohio R iver.........2d wk O c t
772,770
22,807
20,107
747.031
16,018
Ohio Rlv. A Okas SeptembT.
15,175
130,963
131,761
Ohio S outhern.. SeptembT.
550,590
08,033
471,932
59,079
480,484
Om-Kan. C. A K. 2d wk Oct.
16,583
531, OaO
18,589
Oregon I mp. Co. Ia ugnst. . . . 491,183 304,883 2,480,162 2,182,319
Oreg. R R .A Nav. Septetnb* r. 696,266 451,004 3,671,959 3,102,867
Oreg. 8h. L in e.. A ugust___ 501,414 477,848 3,706,761 3,525,618
Paolllo MaU------ \ ugust. . . .
331.117 328,546 2.980,297 2.010,959
Pennsylvania*, August .. . 5,868.961 5,320,761 4®,928.931 40.884.031
672,194
705,563
18,940
PeonaD eo.A Ev. 3 l wk Oot.
18,591
380,924
391,724
38.6,54
Petersburg........A u g u st
35.576
Phlia. A E rie.. . . jAugust
450,230 426,417 2,705,676 2,709,068
Phlia. A Read-.. A u gu st.... 1,888,538 1.787 019 13,232,390 13.356.637
Goal A Ir .C o .. A ugust___ 2,128 098 1,593 222 13,269,505 13,997,420
T o t both Co's. A ugust___ 4.016,634 3,380,241 86,501,895 27,354,057
403,162
58.141
Pk,.Read. &N.E. A u gu st... .
59,407
447,998
Plill. Wllin. A B . August ...
7-83,827 930,527
Pitta.C'.O.ABt,L SeptembT. 1.352.677 1.176.787 10,736*,0*21 10,875,620
31.863
3,797
Pt U s.H sb,A W * §ep tom b ’r,
n
4,073
31.968
486,474
51381
48,203
437,375
Pitts. Bee. A L . E .:8 - p t*■ b T .
m
1,262.650 1,325,825
33,70*2
P ltteb.A Wes’ n iu t wkOet.
32,289
592,624
652.816
18,280
14,941
Pitts. C a.A T ol.ilst wk Oct,
202.812
293,706
8,813
6,100
Pitts. Pa. A y .i 1st wk Oct.
56,043 2,297.256 2,287,437
Total sy ste m - git wk Oot.
65,113
P itt Young. A A. rVptembT. 158,622 111,857 1,065,937 1,099,042
50.128
Kl<:h.Pr*ksb AP. A u gu st..
4 0,076
488,585
480.452
235,051
229,924
25,629
24,562
B leb.& Petenib A u g u st..
358.009
8,428
Rio Gr. Sonth'n. !-d wk Oct,
286,111
7,485
80,100
50.200 2,204,830 1,842,931
Rio GPde West.!*2d wk Out,
522,802
28.000
19,500
865,119
8 i.J os.A G r. L ..)2 d w k Out!
218,243
211,000
26,419
21,833
8 k U O h.* 8t- P.'beptem b'r.
6,294
6,782
43, lot)
8t.U K en’ etA6o. .sepiembT.
172,324 130,229 4,957,576 4,716,650
8t.L.ASan Fran, -u wit O ct
______
at.L. Uonthweet. 2d wk Oct. 136,500 129 800 3,614,006 3,583,717
8t- Paul A Dial.. 'soptetnb’r, 177.125 109 041 1,070,440 1.060,767
203,71.6 226.632 1,246,7,0 1,163,302
San Ant. A A .P . A ugu st... .
561,803
590,684
60,827
85.053
S a »P ran .A N .P . S cptem b’ r.
52.207
49,443
S.I'“o Pros, ,V Pb. A ugust-....
237,77*2] 227,835 2,2*37,941 2,227,81*6
lair. Pla.AWest. August . . . .
59,064
65,271
Seab'd * R 'nke. J u ly ..........
189 8*0*8
19**1*84
13,241
13,782]
8hor.8hrev.ASo. ;ttli wltScpt:
134,125
129,861
10.119
14.304'
811,A prs.O . A G .(August —
6.803
5,000
Slivexton .......... isepwirnb'r.
20,5*1.9
20*53*1*
3.763
3,578'
So.B avenA E ast riepteinb'r.!
8o.P a olllc C o ,- I
354,570 2,491,554 2,737,525
Gal.Uar.A 8.A Ju ly .......... ; 340,702
493,083
659.033
59,453
Louie’s. Went. IJ u ly ..........
76,587
Morgan’eLAT. J u ly ........
409.860 320,757 2,005,137 2,030,612
110 526
161,048
15,008
N .Y .T . A Mox. .1uly.......... ' 24.344
740,042
879,!-33
T e x .A N . Orl. Ju ly..........
’126,674 107.018
*4tt
983.703 872.056 7,055,202 6,784,418
Atl. P rop’te* .o.J u ly ..........
Paolllo »y»t»in!.July,......... 3.299,507 2,703,401 18.140,375 17,489,467
Total o f » il,'j August— 4,888,616 4,155.525 31,830,451 30,179.089
993,000 833,551 5,493.101 5,641,389
80, Puo. o f Cul.jJ my
176,034 147,651 1,420 840 1,315,794
8o.Pac>ofAr!z, Ju ly ..........
782,174
003.250
74,437
94,305
fT .d J u ly ..........
220,486 203,269 1,184,410 1,103.185
Northern B y .. •July..........
4*7,077 411,130 15,000,032 14,251,867
Southern R y___ 2d wk Oct,
273.461
4*20.372
50,918
41.861
8pok. F'l» A N or. A ugust---30,871
26 918
10,086
9,007
8watyCl.A0.M t. August---404,815
3 3 3362
79,282
06,310
Summit Branch M u y ......:
370,627
330.640
67,049
06,881
Lyk. Val. coal. M ay.......... j
141,707 117.958 1,088,846 1,182,008
Tut’ i both Co'* August---191,708
191,481
11.819
15.724
Texas C entra!.. 1st wk Oct.
Texas A P aciilo. 2d wk Oct. 190,104 175,281 5,058,310 4,742,056
3,597
4,569
Tox. 8.V .A N.W. SeptembT.
20,580 1,282,191 1,381.028
42,611
Tol.AOhloCent. 2d wk Oot,
088.941
732.091
22,445
21,516
Tol. P. A W est.. 1st wkOet,
60,690 1,755,007 1,045.796
52,148
T o !.81.1,. A K.O 2d w k Oet:
U clou Pa.■:*'-■...
Union P .R K .. August----- 1,625,877 1,316,698 9,716,397 8,726,042
Ach.Col.A I*
202,107
317,39'
62.7JI0
31,323

z tm m

w .~ .

THE

770
Latest Gross Earnings.
ro ad s.

W e e k o rM o

1897.

1896.

Jan, 1 to Latest Date.
1897.

Latest (iross Earnings by Weeks,—The latest weekly earn­
ings in the foregoing are separately summed up as fol"
low s:
For the second week of October our preliminary statement
covers 70 roads, and shows 14’08 per cent increase in the
aggregate over the same week last year,
1897.

a.
7.

il
i

Duluth 8o 8hore A At)
.1

Cm. Rich.
Fi.
T> averse City...
Mnsk Gr Rap. <
Grand Tiui.k

t
e '

|
Cin. Sag. & Mack.
Tol. 8ag < Musk.,
fe
International & Gt. No.
Iow a ' entral..............
Kanawha A Michigan

Lake Erie a Western.
Louisville H end.A St. L.
Mexican Central.. .
Mexican National.
Minn. St. K & Ste. S. M.
M Kansas A T* xas.
Mo. Pacific A Ir ^Mt
Central B ra n ch ......
N. Y. Ontario A Wesieri
Norfolk A Western
Northern P acific...
Ohio K i\er... .
Pittebunr a Western..
R jo Grande W estern___
Bt. Joseph A Gd. Island.
St. Louis A San Fr. n___
Bt. Lf»u is Booth western.
Southern R ailw ay. . . . . .
Texas A Pacific .........
Toledo A Ohio Central.
Toledo St. L. A Kan.City
Wabash............................
Western N. Y. A Penn...
Wheeling A Lake E rie...
W scon sin Central.

Total (70 -oa ds)............

Decrease.

$

9

3 ? t32"
27,791
14,205
145.89S
77,67644.00C
137,3711
228,870
106,085
122,»19
73,928
804,98*
35,44c
304.907
39,552
171.30C
26,861
31.397
7,194
25,812
59,85 6
14,646
43.381
26.544
4<-,635
8,597
624
2,690

3,660
1.574
27,074
145
204,000
3,827
23,445
23,031
19.152
16,681
64,572
1,096
3*i ,885
17,018
29.70C
3,728
3,762
1,945
4,577
12,344
6,832
7 ,2 '6
4.478
6,681
1,98c

521,080

25,313

3,144
2,627
|97,787
S40.H02
(10,213
159,791
7.071
10.1'-7
70.492
32,1-72
13,59
437,125
218,100
1< 6,604
57.077
92,31 ^
29o,8i 5
556,000
25,000
83,4' 9
260.947
583,564
2 /.8 87
18.589
18,940
65,113
7,485
80,. 00
28,000
172,321
136.500
447,o77
190,104
42,611
52, W 8
300,989
72,fc00
4o,533
106,621

g

G e o r g ia ..........
Georgia A Alabama

Increase.

46,393

Alabama Gt. Southern..
.........
Ann A rbor___ .•
Atlantic & Danville.
Canadian P acific—
Central of G eorgia..
Chesapeake & Ohio.
O ’ oayn A Fast. Illii

1896.
$
38,09P
24,131
12,625
118,825
77,521
44 0.00C
133,543
205,425
83,05<
103.267
57,247
740,416
34.35C
266,02
22,535
141,600
23,133
30, '3 5
5,249
21.235
47,4 2
7,814
36.1* 5
22,066
33,954
6,61
75*
2,222

2,766
2,118
9 s,909
38,589
7,873
17,197
3,645
5,597
66,876
30,920
9 ,4 .0
444.815
194,93t
111,857
49,824
95 ,8'1
288.713
455,000
16.000
74,474
228,11516,5’ 2
20.107
16.583
18,59i
56,043
8,428
50.2OO
19,500
130,229
129 800
441.130
176,281
26,580
60,690
253,498
7<>,00
22,327
91,16 b

378
509

*

8,666,762
—

7,597,273

5,771

----------

132
468

2,3 lb
2,340
42,534
3,426
4.510
3,616
2,052
4,153
23,164
7,253
2.090
101,000
9 .<>00
8,935
32,83b
66,99 i
2,780
2,006
3*9
9,070
29.90'
8.500
42,095
6.70
5.W47
14,323
16.031
l , i 58
47.491
2,60
18,2< 6
15,458
1,093,759
1,069,489

1st week o f October.

1897.

1896.

Dn.Ptto.—(C om.) !
574.863
873,000
16,000
25,000
Ctent. Branch a ,2d wk Oct.
472.863
703,812
72,60-1
133,315
Ceu.Br.&L’d L A ugust—
10,065,952
Gr’d total.‘ c A ugust— 1,965,696 1,507,851 11,609.602
84,102 2,5^0,076 2,254,909
Un.P.Dcn.& G .., 1st wk Oct. 102,724
300.989 253,498 9,: 75,240 9,50 ,136
Wabash...... ...... 2d wk Oot.
137,047
128,803
17,576,
l a ,807
W aco&Nortliw. August---W.Jersey&Sea’c A ugust----- 444,641 425,314 1,805,943 1,874.335
472,875
455,772
98,2471
98,155
W.V.Cen A Pitts M ay..........
223,208
218,855:
33.502
31,371
W estVa.&Pitts. J u l y . .:....
341,813
387.431
44,640,
43,766
Western of A la. August---72,600
70,000 2,325,236 2,383,536
West. N .y.& P a. 2d wk Oct.
823,920 1,043,014
40.533!
22,327
Wheel. & L. Erie[2d wk Oct.
40,513
40,677
Wil. Col. & A ug. 'M ay..........
91.163 3,497,693 3,413,492
Wisconsin Cent. 2d wk Oot. 106,621]
58,023
6,093!
51,790
6,503
Wrightsv.&Tcn. August---42,911
6,964
42,203
6,959'
Y ork Southern.|August—
* Figures given do notinolude Oregon Ry. & Nav., Un. Pao. D e n v e r *
Gulf, Denver Leadville * Gunnison, M ontana Union and Leavenworth
Topeka & South western, a These figures include results on leased lin es.
6 Includes earnings from ferries, etc., n ot given separately, t M exi­
can currency, c Includes only half o f lines m which U nion Pacific has
a half interest.
<f Includes operations o f. the Chic. B urlington * Northern in both
years.
5 Covers results o f lines d ire ctly operated east ot Pittsburg.
t Chesapeake Ohio & So’ western included, beginning with July, and
Ohio Valley, beginning with August, but both roads for this year only.
e Figures from July 1 include results on A . T. & 8. Fe, G ulf Ool. v
8. Pe, S. Fe Pacific (old A tlantic & Pacific! and So. Cal. Ry. Results
on 8onora Ry. and New M exico & A rizona R y ., form erly included, are
excluded after July I

2d week o f October.

[Voi, LXV

C H R O N IC L E .

1,122
__ T.
. . . __I m
m
r
7,690
5,053
3,559

943

24,27u

For tbe first week of Oo ober our final statement covers 82
roads, and shows 12*23 per cent inorease in the aggregate
over the same week last year.

Previously rep ’d<69 r’ds)
Burl. Ced. Ran. & North.
C lev Canton & South’n..
f)ea Moines < Kan. City.
fe
Fla. Cent. & Peninsular.
Grand Trunk—
Oin. 8ag. & M a e ..........
Tol. Sag. < Musk..........
fe
Keokuk & Western..........
Louis v. Evansv. & 8t. L
Memphis & Charleston..
Omaha Kan. C. & E ast..
Texas C e n tr a l.......
Toledo Peoria & W est’n .
Un. Pao. Den. & G ulf___

1896.

$

Increase,

$

8,593.270
109,81
16,449
3,101
46,404

7,638.840
117,032
16,38t
2,417
41,553

1,055,471

2,987
3,108
8,552
34.422
27,248
18,589
15,724
22,445
102,724

2,286
2,237
8,028
34.347
28,811
14,214
1 •,81.9
21.5 6
84.102

701
871
524
75

Total (82 r o a d s )....... . | 9,004,838
Net inorease (12*23 p. o.)

8,023,583

68
684
4,851

4,375
3,905
929
18 ,62/
1,091.076
981,255

Decrease.
101,041
7,217

1,563

109,821

Net Earnings Monthly t o Latest Dates.—T h e f o l l o w i n g
s h o w s t h e g r o s s a n d n e t e a r n in g s t o la t e s t d a t e s o f a ll S t e a m
r a ilr o a d s fu r n is h in g m o n t h ly s t a t e m e n ts . T h e c o m p ila t io n
in c lu d e ? e v e r y r o a d f r o m w h ic h w e c a n g e t r e t u r n s o f t h is
c h a r a c t e i a n d in t h a t f o r m is g iv e n o n c e a m o n t h . E a r ly r e ­
t u r n s art p u b lis h e d f r o m w e e k t o w e e k , a s s o o n as is s u e d , b u t
f o r th e c o n v e n ie n c e o f o u r r e a d e r s a ll t h e r o a d s m a k in g r e ­
tu rn s ai e b r o u g h t t o g e t h e r h e r e in t h e w e e k in w h ic h w e p u b ­
lish ouj m o n t h ly a r t ic le o n n e t e a r n in g s — s a y o n o r a b o u t th e
20 th o f th e m o n t h .
T he r e t u r n s o f th e s tr e e t r a i lw a y s w e g i v e b y th e m s e lv es
u n d e r a s e p a r a t e h e a d a t th e e x t r e m e e n d o f th e s e t a b u la t io n s
— see p a g e 773.
------Gross 'Earnings.-----■,------Net E arnings.>
1897.
1896.
1897.
1896.
Roads.
$
19,887
A dirondack.............Aug.
20,865
6,919
9,954
135,240
Jan. 1 to Aug. 3 1 ___
12 8,74 !
40,802
40,108
135,746
Alabama Gt.South a Aug.
123,440
42,3 29
37.159
Jan. 1 to Aug 31....... 1,014,156
928,518
2 0,744
196,121
267,657
86,099
July 1 to Aug. 31. . . .
247,519
71,827
45,353
2,808
Alabam a M idland.. .Aug.
44,999
1,463
439,430
Jan. 1 to Aug. 3 1 ___
395.9 >6
65.509
37,805
104,192
July 1 to Aug. 3L ...
91,771
15,708
352
217,674
212,830
9 2,859
Allegheny V a l'e y ___Aug.
85,044
622,6 '4
Jan. 1 to Aug. 31....... 1,587,490 1,568,734
556,315
Ann A rbor.................Aug.
105,391
93,681
36,557
834.814
Jan. 1 to Aug. 31-----768,187
2S2.614
d ef.4 4 l
Arkansas M idland.. . Aug.
7,996
6,685
1,928
Jan. 1 to A u g .s i.......
60,432
56,294 def.4,095 def. 1,129
t 9 2 1,280
Aten. Top. & S.F e.b*A ug. 3,214,581 2,678,461
t7 5 1,955
Jan. 1 to Aug. 3 1 ....2 0 ,2 4 2 ,8 7 2 18,633.131 4,15 3,480 4,638,65s
July 1 to Aug. 3 1 .... 5,808.812 5,042,698 11,386,038 11,305,853
27,365
8,159
Atl. K noxv. & No_ Aug.
_
22.979
def.16
19 >,175
Jan. 1 to Aug. 3 1 ___
177,358
39,735
21,539
Atlanta & W. Point . Aug.
44.096
40.999
15,997
12,462
Jan. 1 to Aug. 3 1 ....
3 20,429
126,045
348.654
103,789
79,412
84 621
23,623
20,049
JJuly 1 to Aug. 3 1 ___
41.901
40,978
10.755
Atlantic & Hanv’ e . a. Aug.
8,448
319.6J6
75.392
Jan. 1 to Aug. 3 1 ....
85,923
315,647
July 1 to Aug. 3 1 . . .
85.403
81,373
20,599
16,805
20,984 def.1,922
Austin & North w’n ... July
5.616
8,865
93,185
141,5 >2
15,063
39,015
Jan. 1 to July 31. . . .
661,339
716,593
Baltimore A O h io.b .A u g . 2,371,830 2,298,356
Jan. 1 to Aug. 3 1 . . . 16,623,056 15,9 *9,275 3,394,743 3.853.408
July 1 to Aug. 3 1 . . . . 4,554,236 4,486,654 1,208,902 1,178,924
2 40,091
178,462
54 ».952
Balt. A Ohio South w. Aug. 590,662
Jan. 1 to Aug. 31 . . . 4.094,6 28 4,039,633 1,200.079 1,221,373
342,783
306,758
July 1 to Aug. 31 . . . 1,126,654 1,032,090
2,356
82 0
1,755
Bath A Ham m onds..A ug.
3.337
2,023
14,704
Jan. 1 to Aug. 3 1 . . . .
15.687
2,687
229
199
1.432
Birm. A A tla n tio.b . July
1,560
1,297 def.1,3 82
Jan. 1 to July 3 1 ....
11,9 79
11,339
12.804
13,699
43,729
Brunswick A W est...Aug.
44,979
126.511
1 2 0,0i 9
Jan. 1 to Aug. 3L .._.
369.723
396,039
34,313
33.494
July 1 to A ug 3 1 ....
95,917
96,323
87,047
98.558
296 965
Butt. Rooh. A Pitts h.A u g. 292 646
699,258
687.344
Jan. 1 to Aug. n l....... 2 ,1 7 1.445 2,153,0 4 3
214,711
July l to Aug. 31. . . .
619 2w3
610,292
207,218
27,557
31,212
40,654
Buffalo A Susqueba. Aug.
58,240
180,382
137,825
321,734
Biio Jan. 1 to Aug. 3 i.......
k
378,8’>8
55,915
46,861
91,227
M July 1 to Aug. 31.......
108,799
17,229
118,728
Burl. Ced.R. A N o .a . Aug. 387,538
347,748
745.294
76^,496
Jan. I to Aug. 3 1 ..... 2,550,541 2,776,6L8
814,861
_______
Canadian P acific.a ..A u g. 2,232,115 1.387.485 1,004,407
Jan. 1 to Aug. 3 1 .....1 4 ,0 5 1 ,8 1 1 1 2 ,8 4 2 ,7 1 2 5,535,959 4,62 3,033
2,334
1,697
Carolina M id la n d .... Aug.
3,9 >8
5,022
101,981
107,217
Cent, o f G eorg ia.a ..A u g,
382,259
382,741
845,371
898.096
Jan. 1 to Aug. 31....... 3,121,944 3,168.510
196,454
196,690
July 1 to Aug 31.......
741,408
745,398
591.612
492.413
Cent, of N. Jersey.a. Aug. 1,274,7<>8 1,163,195
Jan. 1 to Aug. 31,....... 8 040,736 8,105,144 2,959,604 2,8 >2,553
472.294
6 7,012
Central P a c if ic .b ___July 1,400,578 1,108,648
Jan. 1 to July 31....... 7 ,2 16,-49 6,729,610 2,760,983 2 310,841
733 d ef.2.1 39
Char. & Savannah... Aug.
35,502
30 301
123,437
92,787
Jan. 1 to Aug. 31 . . .
424,999
337.131
def.13
4,400
Ju ly 1 to Aug. 31 . . .
75,333
63.176
3 0 3,184
346,240
Ches. A O h io.a ........ Aug. 1,006,409
862.259
Jan. 1 to Aug. 31....... 7,313,769 6.7 >8,975 2 ,2 3 3 ,3 /7 2,126,674
59 4,715
682,633
July 1 to Aug. 31....... 1,964.109 1,702,3 (2
Ohio. Burl.AQuin.b.^Aug. 3,*51,013 3,114,267 1,673,7 6 1,320,652
Jan. 1 to Aug. 3 1 ---- 21," 3 « ,919 21,459,735 9.043,856 7,391,055
July l to Aug. 3 L . . 6,897,072 5,867.618 2,765,160 2,393,974
141,991
186, >95
433.131
Chicago Gt West’ n..Sept.
524 145
331,89 2
479,641
July 1 to Sept. 3 0 ..., 1,395.344 1,187,102
71,503
110,435
246.777
Chic. Ind. A L ou is.a . Aug.
306,969
14 4,967
216fL04
499,626
July 1 to Aug. 3 1 ----610,263
845.763
Ohio. M. A St. P .a ... Aug. 2,780,614 2,524,366 1,092,125
Jan. 1 to Aug. 31 ...1 9 ,2 4 2 .4 9 0 19,69 4.697 7,166,313 6,769.051
July 1 to Aug. 3 1 . . . . 5,494 007 5,070,593 2,041,9 >3 1,668,6 26
63,300
Ohio Term. T ransf-.A ug.
89,804
........
126,585
July 1 to Aug. 3 1 ....
174,772
56,278
34,378
173,938
Ohio. A West M ioh...Aug.
152,011
187,32o
190,236
Jan. 1 to Aug. 3 1 . . . . 1,040,072 1,052,880

Oc to b e r 23, 1897.J

THE CHROJNKLE.

----- Brass E arnings.----- ,.
-Wei E arning i —
1897,
1896.
1897.
1896.
(toads.
S
#
$
8
Choctaw Okla. J G .. Aug.
fe
107,710
68,278
39,168
13.915
Jaa, 1 to Aug 31 . . .
093,238
637,030
13 ',210
111,72 3
8 o v . l t d Aug. 8 1 .__
910,983
839,972
273,22 7
155,012
Cln.N .0rl.A rex.P.a-tept.
327,119 281.131
118,319
75,35 !
J a a l to S e p t 30 "... 2,883,6 i l 3,479.178
907,723
590.317
July 1 to Sept. 30 . . .
911.45 ! 828,791
308,2 i9
131,5 23
Cleve. Canto a 4 Bo.. Aug.
48,083
81.693
11,307
13,320
Jao, t to Aug. 31. . . .
401,733
415.385
55,666
91,017
July 1 to Aug. 31. . . .
9J.132
127,957
13,130
26,723
Clev,Cin.C.A3t-L..a. Aug. 1,250,007 1,120.959
296,970
291231
Jan. 1 to Aug. 31....... 8.777.313 3,111,153 2,124,315 1,9 H ,58 7
July l to A l t SI- — 2,319,686 2,139.111
550,015
538,047
P eoria A EAat’ o .a .A u g .
175,327
110,601
49,421
31.153
Jan. L to Aug. 31
1,103,236 1,117.171
292,021
256.781
j a l y l t o Aug. 31 . . .
305,501
277.007
69.053
59.783
O lev .L or. & W ueel...May
101.138
131,214
32.189
43,313
Jan l l o H ty 31. . . .
177,010
511.333
113,147
113,203
J a l y l t o Way 31. . . . 1,075,532 1,133,163
330,111
131,238
Colorado Midland.. . Aag.
181,533
133,566
13.875
7,367
Jau. I to tut. 3 1 ... . 1,112.053 1,221,103
260,303
234.782
Columb. A lt*d Wt ..July
6,811
....
1.970
Jan. 1 to Ju ly 31. . . .
71,836
............
17,098
Crystal........................ Aug.
1.311
732
805
71
Jan. 1 to Aug. 3 t . . . .
8 ,1 2 i
8,235
4.698
703
Cumberland Valley.. Aug.
81,371
31,070
80,001
30,721
Jan. 1 to Aug. 31 . . .
506,184
513.720
147.278
151,233
621 t l ?
Den.A R. Grande, b ,. Aug.
831.717
235.213
•211 557
Jau. 1 to A ig. 31 . : . 1.513,787 1,715,31 > 1.921,723 1,873,121
July 1 to Aug. 1 . . 1,333.113 1,411,311 .5 > l,i2 i
510613
Dea Moines A K 0 .. Aug.
11.355
9,149
d a f 671
2,301
Jan. t to Aug 31 . . .
10 i . l i l
71,311
8,105
22,317
Dee Moines S o.A IV Ang.
10,161
32.133
8.130
5,311
Jan, l to aug. 31 ..
388.311
232,503
11,021
80.175
Det. flit Rap.A W.a Aug.
123.037
125.784
31.172
21.03 7
Jan. 1 to Aug. 3 1 . . . .
823.319
777.531
158.311
99.771
D et, A Lima North..June
26,502
11,150
Detroit A M aok'o.a.Aug.
33,813
25,080
5.522
0.1 H
Jan. 1 to Aug. 3 t . . . .
331 731
313,948
87.001
113,312
July 1 to Aug. 31__
72,411
59,6*6
15,591
19.111
Elgin Joilet A E a .. Ang.
93.610
1 14,185
23,786
39.0*1
Jan. 1 to lo g . 3 1 _
754,93*
889.203
243.97 1
205,191
July 1 to A ug 3 1 ...,
139,117
210,221
03,110
45,920
Erie.
.......... Vug. 3.181.701 2,637,016
903,101
80 2.137
Jan. I to Ang. 1L . . . 20 923.791 2O.0.1 ,2 *2 5,132.176 5,011,03
July 1 to All.-. 31....... 0,032,635 5,331.119 1,701.311 1,0*1.312
Eureka sp rin g * ........Ang.
7,785
5,O i l
5* 1.1*
2,091
Jan. I to Aug. 31 . . .
43,70*
11,9*3
20, 23
l a ,.943
F lint A Pare W arq.nAn*.
235.291
201,751
01.1 i l
51,370
Jan. 1 to Aug. t l . . . 1.700.017 1,7*6,931
431,1 !t
429.<3 I
Ft. W. A Deny. C ry..A u g .
121,215
01,313
54,234
1 4 .U 8
Jan. 1 to Aug. 3 1 ___
711.550
560.417
160.335
53,3 1;
PL Worth A Rio Or,, Aug.
20,090
19,278
7,629
0,070
Qatlwlen A Alt. 0n..S,tpl.
617
2 1
852
341
Jan. 1 to S e p t 30 . . .
6,377
8.081
2,333
3,3 .2
G eo rg ia .a — ....... .
Vug.
113.931
m ,* 9 o
30,070
23, H I
Jan, 1 to Aug. 31.......
911.533
900,3 Pi
132,031
20 -,555
July t to Ang. 31.
211 422
« 2 1 113
201,547
at *9.-10
G eorgia A Alab'a a 4ept.
110.300
11,400
9 *,476
33,414
771.012
Jan. I to Sept.3 0 .....
182.913
592,009
174 05u
271.371
July 1 to Sept. 3 0 . . . .
78,072
2*3,779
85,2 1 .
Go. 8 null. A i l l , a . Aug.
7*.1 0*
7 {.« 30
23,713
21,413
555,0 79
Jan. l to Aug. 3 1 .....
133.712
170.3 H
579,903
Ju ly 1 to An*. 31— ,
1 11.012
151.603
54.2 38
57,818
Gd. Rapid* A D i d ... Aug.
2*0,850
67,717
22 i,«0 9
61.112
Jan. 1 to Aug. it .. 1,010,145 1,709,070
3*31,331
305.338
G r.T ru nkotC aaa.i l Aug. 1,712.513 1.613.222
531,914
439 647
Jan. I to tug. 31 ...1 1.75 3.15 1 11,510,119 8,374,301 3,3*9.072
Jnly 1 to Aug. 31 . . . 3,370.470 3,230.235 1,141.913
923,463
Oulu. A ( i f Trunk. Aug,
230.0J l
233.713
33.333
5.410
Jan. I to Ang. 31 . . . 1,971.7)1 2,073,331
2*2.1 12
131. *44
Juiy 1 to Aug 31___
536.017
432,130
53,149
1 3 .0 .7
Det. Gr. H. A Vtll.. Aug.
103,519
84.57 7
90.319
18.5)7
Jan t to Aug. 3 i ___
007. J21
61*), *11
59.173
136, >4 1
Ju ly 1 to Aug 3 t ___
130, U 3
50,476
175,323
32,390
Quit A C hicago, b .. Aug.
3,717
3,417
31 I
019
Jao. 1 to Aug, 31 . . .
27,3 10
3,462
1,434
24,451
Hoosae Tun. A WH Aug.
5.823
4,390
2. 14 !
2,219
Jan. 1 to Aug. 31 . . .
3.1.114
9, 902
10,021
35,772
Houston ATox.Ce il..Ju iy
.
30,395
_______
203.922
202,0 36
36.953
Jan l to Juiy 31. . . . 1,533.791 1,111,303
231.011
20 1,28 )
Illinois Central. ■ : .Aug. 2,175,831 1,050,863
419,014
509,970
Jan. 1 to Aug. 3 1 ....1 4 ,8 1 3 .7 0 5 13.003,535 4.001,490 3,579,151
July l to Aug. 31 . . . 4,159.756 3,239,437 1,040.090
745.330
Indiana til. A torn*.. Vug.
50.3*13
55.128
7,013
2.241
Jan. 1 to Aug. 3 1 . . ; . 498.375
511.703
13 1.77 !
137.103
Ju ly 1 to
Aug. 3 1 .... 10 1.30 !
109.74*
13,602
13,129
Iow a Central, b. . ... Aug,
161.129
129,7 4
37.9 16
58.933
Jan. 1 to
Aug. 31 . . . 1,047,205 1,117.037
397,212
313.133
Ju ly 1 to
Aug. 3 1 . . . . 291.946
251,412
75,054
103,039
roa Rail w ay. b ...... Aug,
207
3.392
3,197
590
3,63?
Jau. 1 to
A ug. 3 1 . . .
23,042
31,233
5,211
669
J a l y l t o lu g . 31 ...
5.029
0,9 *3
323
Jaek. Tam. * K V . Vug.
19.602
20,402 del. 1,7 !3 001,1,09!
Jan. t to A i g . 1 l ..
11.7 .4
205.092
312,153
*22,72 !
10,719
Apr. I to Aug. 3 1 ___
117,500
123.028
8,9 !3
8,09 0
Kanawha A W loli.b. AUg.
49.431
35,375
12,171
09, .2 7
Jan. i to Vug. 3 1 .... 31*1,139
303.779
85.0I1
14,944
J a l y l t o vug. 3 l ___
I 'lt .'j ,z
73.758
29,745
121,03 .
Kan. <7. Ft. 3. A W .a.A'tg.
438,120
879.911
130.431
93 7,736
Jan. 1 to Ang. 3 1 .... 3,070,942 * 8 8 1 ,9 3 2
891.83 7
23 7,092
J u ly 1 to' Aug. 3 i
806,113
741,390
253,416
91,42:1
21.39 7
, 0* M em.A B -* Aug.
18,5 i l
49.100
13 7.36 )
12 5.11 )
Jan, I St» Aug. 31 . . .
7.10,079
710.105
41, :08
165,740
35,452
_
J u ly t w Vug. 31_ _
172,20*
267.073
79,6:1.7
10,760
121,181
Kan, C. Pi*ts. A G .b -vug,
514,217
103,47 7
463,470
Jau. I to Ang. 31 ... 1,315.411
8,004
41,813
32,121
20 315
Keokuk A Wast'd, b . vug.
91.091
202,249
259,103
72,141
Jar*. 1 to Aug, .30 ....
3,717
23 9
3,511
d a f.1 '2
L. Erie A ll. A So a. Aug.
1.797
37.9 JS
3,400
*1,557
Jan, 1 to Aug 31 . . .
326,934
272.238
115,434
110,374
Lake Erie A W est. b . Aag,
911,401
8 9 3 .3 ,2
Jan. 1 to Aug. i t . . . 2.233.228 2.214.558
2.011,174 1,8 27.4*0
693,310
519,810
Lehigh Valley K*L Aag..............
Dan. 1 to Aug. 31. ...1 3.31 2,20 7 13,033,000 2,393,004 2,673,295

771

-----Cross E arn ings.— ,,-----J T E arnings.—
S et
■
„
.
1897.
1896.
1897.
1896.
Roads.
8
$
S
s
Lehigh Val. Coal Co. Aug. 1,531.035 1,166,004 def.34,3 70 def.19 558
D a o.l to Aug. 31.......10,874,634 10,953,223 df.297,247 31.581,597
581,597
Lexington A E ast'n .A ug,
17,182
14,326
5.084
3.377
Jan. 1 to Aug. 3 1 ------133.709 138,880
45,274
43,595
Louisv, Head. S 3t.L.Sept
56,333
38.451
17,646
10,581
Jan. 1 to Sept. 3 0 ....
36 ,403
346,871
84,136
87,403
Louisr. A N a sh v.b..A u g. 1,778.103 1,650,783
5 )4.28 6
460.517
.Tan. 1 to A ug. 3 1 ....1 3 ,:p .v * 4 9 12.944,018 4.213,818 3,961.580
July 1 to Aug. 3 1 .... 3,573.000 3.278,333 1,2 21,483
960.516
Macon A B in n in g ...,A u g .
4,763
4 ,8 '5 d e f.4 1 1 4 def.2,155
Jan. 1 to Aug. 3 1 ___
37,136
36,795 d el 19,928 def.9,464
July 1 to Aug. 3 1 ___
9,319
8,665 daf.8,*232 def.4,052
ManistUitte................ Aug.
10,031
13,841
3 .7 ! 2
7.656
Jan. 1 to A ug. 31 . . .
36,258
93,479
29,813
49,833
Memphis A 0has’ n...Aug.
124,554'
95,705
28,302
14,221
Jau. 1 to Aug. 3 1 ___
863,640
782,672
159,226
102, 23
July 1 to Aug. 3 1 ___
232.349
186.588
46.149
26,304
.Mexican Central.......A ug. 1,00 4.906
838,627
170,545
306,024
Jan. 1 to Aug. 31....... 8,526,385 6,533.024 2,015,370 2,3351734
Mex. International.. Aug.
234,748
201,152
77,662
68.68S
Jan. 1 to Aug. 3 1 . . ; . 2,017.559 1,895,368
760,747
665,26 6
Mexican N a tion a l... Aug.
„
500,137
438,790 ©254,283 c2 1 0 ,9 3 3
Jan. 1 to Aug. 31 . . . 3,988.687 3,259,190 c l , 944,284 c l , 4 5 9 .129
Mexloan N orthern...Aug.
42,518
53.33L
25,418
27,051
Jan. 1 to Aug. 3 1 . . . .
378.826
531.S38
214,096
283,355
July 1 to Aug. 3 1 ....
71,612
113,965
41,919
58,799
Minn. A 8L L ouis.a.. Aug. 193.711
170,116
83 521
77,539
457,153
J a n .l t O A U g . i l ....... 1,282,147 1,225 031
445,726
July 1 to Aug. 31.......
373,198
327,754
142,163
131,381
M inn.8t.P.A8.8te.M .Aug.
315,073
285,776
121,729
10 2,45 2
Jan. 1 to Aug. 31....... 2,237,792 2,280,656
837.988
868,406
Mobile & Btnn’gn'm.. Aug.
20,294
22,812 del. 4.482
1,241
Jan. 1 to Aug. 31 . . .
193,t06
175,199
16,426
6,2 *5
M obile A Ohio. ....... Aug. * 312,109
279,137
96,132
83.07 5
Jan. I W A U 2. U ....... 2,489.586 2,272,631
705,022
60 8,«8 7
July 1 to Aug. 3 1 ....
611,252
5*7,390
185,234
16 2,432
Monterey A Mex.(J'f..July
114,722
91.961
18,134
21,946
Jan. 1 to July 31. . . .
797.534
601,389
363,223
206,042
NaBh.Ch.A at, L .b W ep t.
486.652
435,022
180,748
183,361
Jan. 1 to Sept. 30----- 4,007,748 3,693,607 1,442,868 1,310,077
July 1 to Sept. 30 . . . 1,457,647 1,254,710
541.617
492,669
Nelson A Ft. Shap'd. Aug.
14,014
7.013
Jan. 1 to Auk 41 . . .
10*. 141
51.188
28,988
July 1 to Aug. 3 1 ___
15.616
3,245
Nevada C entral....... Aug.
2.967
347
391
Jan. I to Attg. 31 . . .
24 446
219)56
4,105
2,663
Ju iy 1 to Aug. 31 ..
6,776
6 ,0 0 0
865
1,115
N. Y .O nt, A W est.*. Aug.
386,327
39 1,938
121,774
142,327
Jan. I to Aug. 31. . . . 2,5 12,510 2,528.158
713.471
686.733
Inly l to Aug. .11.......
794.413
7*10,250
269.344
290,139
N, Y. 9us. A W*st b. Aug.
195 812
180.121
87,519
75.144
J a o . l t o A u g . i l . . . . 1.401.519 1,410.462
6 6.970
606,055
July l to Aug 31____
' '
----393,339
370.917
18 J. 554
104,721
Norfolk A Weet’ n.a...A ug. 1,011,571
890,077
348,036
194,734
Jan. 1 to Aug. 3 1 ..... 7,024, *81 7 ,1 2 ’ ,045 1,982.781 1,523.030
-----------July i to Aug. 31. . . . 1.903,980 1,762,802
1,702,802
613,818
406,709
Northeastern of *-ta..July
4,312
3.699
1,14*
1,283
Jan. 1 to Juiy 31. . . .
32.190
32,020
7,625
9,252
Northern Central, b.. Aug.
635,096
51 i,398
248.867
144,632
ja u . l w AUg. 31. . .. 4,239, i86 3,901,188 1,227,131
913,336
North <rn Pact do. ...A u g. 1,838.560
710.213
........ 3.812.071
............
Jan. 1 to Aug. 3 1 ___ 11,313.791
J a l y l t o AUg. 3 1 ..,. 3,068,921
1,533,308
Ohio River, b ............Aug.
89,719
85.301
38,433
33,093
039,301
Jan. I to Aug, 3 i . . .
593,564
202,453
19 ,173
13,121
1.329
Ohio Hirer A ’ has...A ug.
1 1,~4 4
1,403
28,071
July L to Aug. 31 . . .
25.389
1,200
2,532
311,170
Oregon RR, A N »r..A U g,
508.075
203,847
10 ,832
Jan. 1 to Aug. 31 . . . 2,975.893 2,851,803 1,101.558
175,536
Oregon Short Ltaa.e. Aug.
501,414
_
__ _
477.848
103,858
Jau. I to Aug. 3 1 .... 3.764.761 3 ,5 2 1 6 1 8 1,785,166 1,192,623
bu y 1 to Aug. 31 . . . 1,030,750
936.986 430,160
212,500
Pennsylvania—
Lines directlyop erated —
Baudot Pitta a E , Aug. 5,818,961 5,320.761 2,287,915 1,931,915
Jau
to Aug. 31. 40,9 8.931 40,864,83112,541,202 10.907,102
W estof Pitts, itG.. Aug.
l o o . 24-,'200
IuO. 218.400
Jan. t to Aug. 3 1 ...
Deo. »54,100
In o, 341,900
Peoria use. A E v .. .June
65,90*
05.242
6,830
12,978
.Ian. I to June 3 0 ....
125.128
403,470
80,311
9 *,978
P etersb u rg ................Aug.
36.854
35,576
13,172
10,878
Jan. 1 to Aug. 3 1 . . . .
391,724
380,924
157, 41
188,661
34.600
Juiy l to Aug. 3 i . . . .
80,012
78,018
26,220
PIliia. A E r i e ....... b.A ug.
4 5 0 ,2 !0
426,417
150,498
154,369
732.012
691,512
Jan. l r o Aug. 11 . . . 2,705,076 2,70 *,048
783,321
953,456
Phtla, A Beading ...A u g .
1,888.536 1,787,019
Jan. 1 to Aag. 3 1.......i 3 ,2 3 i,390 13.316,6 !7
5.432.408 5,185,196
July 1 to Aug 31. ..
3,405,134 .4,539. 33 1,702,6 i l 1,526,695
Coal A Iron 'Jo. ...A u g .
2,124,096 1,593,222
* " ~~
----108,196
63,954
Jan. 1 to Aug. 31.. . . 13.269,505 13,997,420
df.2 *7,60,6 df.137,362
July l to AUg. 31.
.. 1.20*.814 3,021.127
2 6 8 ,8 1 )
130,730
Total b o w Co--.. . . . Vug. 4.01*1.0 (4 3,360,241
941,352
847,275
J a i. 1 to ug. 31. ...2 6.50 1,89 5 27,354 057 5.164,SiO 5,317,334
J u iy lto A u g . i l .
. . 8.008,938 7.161,260 1,971,671 1,657,425
27,326
27,320
Reading lotnnaoy. Aug....................
58,688
July t to Aug. i l .................... ......
58,688
98.1,174
874.601
Total allCom pan'a.Aug.
.... ...
2 ,0 3 ),3 1 9 1,716,113
July 1 to Aug. 3 1 . ...................... .
24,011
5 >.407
19,371
Phil. Read. A S. Eng Aug,
54,141
127,140
142.086
447,998
Jan. I to Ang. 31. . . .
4 3,162
120.197
45,609
3 5 ,111
July l to Aug. 31.......
115,305
277.724
400,326
Pilila. Wlltn, A U d t .Aug.
783.82 7
93 1,527
Nov. 1 to Aug. 31.
7.182,759 7,531.859 1,894,220 1,913,220
Pitts. 0. 0 . AS6, L ..3ept. 1,3 *2,677 1,176,787
501.246 431,28 4
Jan. 1 to Sept. 30 ...1 0 ,7 3 6 021 10,675.620 3,324*041 2,914,960
1,179
684
2 ,5 -0
3.815
Pitts. Lis. A W est...A u g.
7,822 daf. 2,459
24,056
27,891
Jan. I to Aug. 31 . . .
76,770
81.038
Pittsburg A Western.Sept. 286.792
218.725
674 470
719,248
Jau. 1 to Sept. 3u___ 2 ,1 6 0 ,0 ! t 2,182 323
221,070
272,905
July * to Sept, 3 0 ___
8 2 4 ,7 9 !
743,101
74,247
31.956
Pitts. youngs. A A ..S ept.
158.022
111.457
378,306
4*0,338
Jan. t to Sept. 3 J .... 1,03 *,937 1,099,642
11,750
16,2 17
Rloh. Fred. A P ot...A u g.
50.128
44.073
1 ! 1,402
13 3,968
Jan i t o A i g . i l .. .
430,452
444.-M5
39,501
30.435
July 1 to A ug. 3 1 ....
106,105
101,902

772

THE

C H 110N 10L E

fVoL. LXV

-— Gross Earnings.— ------Net E a rn in g s.----- *
a Net earnings here given are after deducting taxes,
1897. 1896.
1897.
1896.
b Net earnings here given are before deducting taxes,
$
$
$
$ '
c Deducting other expenditures for repairs,replaoem euts and general
Blob. * Petersburg.. Aug.
21,552
25,629
7.260
6,515 expenses, net incom e applicable to interest on bonds In August was
Jan. 1 to Aug. 31___
229,924
215,651
77,719
67,789 8119,343, against $122,8 )0 last year, and from January 1 to August 31,
July 1 to Aug. S I . . . .
51.405
57,262
14,528
19,897 8994,144, against 8813,721. This Is the result In Mexican dollare
treated (aooordlng to the com pany’ s method o f keepiug Its accounts)
Rio Gr’nde S outh., b. Aug.
32,191
42,515
10,227
19,726
Jan. 1 to Aug. 31.......
239,499
300,857
88,019
116,772 as equivalent to 80 oeuts in United States rnouey—chat is, all d ep reci­
ation bevond 20 per cent has alreadv been allowed for.
Ju ly 1 to Aug. 31.......
63,961
81,193
20,559
31,851
t Figures are given exeluslve o f results on Oregon R ailw ay A
B io Grande W est.b.. Aug.
281,938
218.323
104.025
72,272
Navigation, Oregon Sh
A Utah
A Gr. Island,
Jan. 1 to Aug. 31....... 1,765,730 1,532,931 661,621
520,177 Union Pacific Denver &>rt Line ort WorthNorth’ n, St. Jos. Leavenworth
A Denver Citv.
July 1 to Aug. 31. . . .
591,735 424,596
241.100
136,824 Topeka A Southwestern,Gulf, F
Montana Union and Kansas (jity & Omaha.
Bt. Jos. A G d . Ie l.b ..A u g . 121,446
64,180
60 653
21,455
S After allowing for other incom e received, total net from July 1 to
Jan. 1 to Aug. 31.......
708.949
410,857
261.111
82,030 August 3 1 was .$54,667, against $30,395.
1 Iuoludes besides A tlaotio System the H ouston A Texas Central,
8t. Louis A San F r.. Aug.
615.305 515.396
309,203
238,958
Jan. 1 to Aug. 3 1 ....
4.016,198 3.923,121 1,593,992 1,501,330 Austin A Northwestern. Central Texas A Northwestern and Ft. Worth
July 1 to Aug. 3 1 ....
1.143,300 1,001,165
495.630
451.494 A New Orleans.
* Figures fo r July and August include At . T. & 8 Fe, G u lf Col. A San­
San Ant. & Aran. P..Aug.
203,756
226,632
79,561
115,224
Jan. 1 to Aug. 3 1 . . . . 1,246,779 1,163,302
225.810
277,989 ta Fe, Santa Fe Pacific (old "Atlantic A Pacific) and So. C a lifo rn ia Ry.,
but not Sonora Ry. and N. M. A Arizona, which previous to Ju ly had
July 1 to Aug. 3 1 ....
343,631
317,417
97,276
127,842 been included.
San Pc A N . P a o ... Sent.
83,053
69,827
39,301
27,934
t For August, 1897, taxes and rentals am ounted to $145,422. against
Jan. 1 to Sept. 3 0 ....
590,694 581.803
203,483
164,963 $189,634, and from July 1 to A ugust 31 $281,706, against $354, .00,
July 1 to Sept. 30 . . .
256,055 219,577
119,102
92,545 afcer deducting which, net fo r August, 1897, was 877>,353. against
Santa Fe Pres. A Ph. Aug.
52,267
49.418
27,311
21,632 $562,271. From July l t o August 31 net after deducting taxes and
July 1 to Aug. 3 1 - . .
113,431
99,312
62,940
49,398 rentals Is $1,104,332, agaiost $951,653.
X Inoludes Chesapeake Ohio A Southwestern from July 1, 1897, only.
Say Fla. A W est.b .. Aug.
237,772
227,835
41,789
33,911
§ Includes Chicago Burlington A Northern for both years.
Jail. 1 to Aug. 3 1 .... 2,227,941 2,227,816
638,695
526.131
I Ineluding incom e from ferries. Ao.
July 1 to A u g .3 1 . . . .
493,236
462,356
103,831
63,836
Seaboard A Roanoke. July
65,271
59.064
24,264
11,216
Miscellaneous Companies,
S ilrer gp.O oala A G . Aug.
14,364
10,119
6,334
3 ,0 3 )
-Gross E a rn in g s.-N et E arnings.—
Jan. 1 to Aug. 3 1 ....
129,861 131,125
69.618
73,981
1897.
1896.
1897.
1896.
July 1 to Aug. 3 1 ....
29.272
23,713
13,874
9,932
$
$
69,365
63,551
30,285
S ilverton........ .......... Aug.
5,781
8,397
2.474
4,792 Ed. El. 111. Co., BklynSept.
26,754
Jan. 1 to Sept. 3 0 ....
631,086
586,634
283,005
255,08 5
BouthHaveu A East..July
2,894
3,250
1,0 )1
127
182,187
103,994
68,884
Jan. 1 to July 31.......
13,681
12,625
201 def.5,084 Edison El. U.Co. ,N. Y. Sept.
59,636
Jan. 1 to Sept. 3 0 .... 1,743,755 1,581,807
765,856
657,776
Southern Paeiflo __ . . . . .
Gal.H. A 8. Ant b .July
310,702 354,570
68,649
103,116 E disonE l.il. Co.St.L. Aug.
14,417
17,508
Jan. 1 to Aug. 3 1 ..........................
178,052
Jan. 1 to July 31....... 2,4 )1,554 2,737,525
469,895
845,136
206,239
. . . . ....
7.297
Louisiana W est.b ..J u ly
76,587
59,453
29,668
19,833 Grand Rap.Gas L.Co. Aug.
7,742
Jan. 1 to Aug. 31...........................
Jan. 1 to July 31.......
559,633
493,633
230,607
177,123
76,048
71,169
M’gam’ sL a.A T ex.b.Juiy
409,860
329,757
96,719
55,421 Laolede Gas-L. Co...Sept...................
68,111
63,345
Jau. 1 to Sept. 3 0 . . . .....................
Jan. 1 to July 31....... 2,905,137 2,630,612
690,565
459,279
577,039
518,261
...........
N. Y . Tex. A M b.. July
24,344
15,003
10,225
3,374 Madison Gas A Elec. Aug.
3,271
2,1 46
A pril 1 to Aug. 3 1 ........................
Jan. 1 to July 3 1.......
161,018
110,526
53,433
24,335
17,442
13.151
10,525
10,132
3,265
2,960
Texas A N . O rl.b ..J u ly
126,674
107,018
51,994
35,043 M erioan T elephone..July
Mar. 1 to July 31.......
52,640
50,729
18,837
13,470
Jan. 1 to July 31.......
879,833
710,042
3 )9,239
219,242
Oregon Im p. C o .a ...A u g .
491,183
304,883
163,711
6 0 ,757
Atlantic Prop’ t’sbllJuly
983,703
872,056
257,979
218.319
Jan. 1 to Aug. 31....... 2,480,162 2,182,319
497,732
197,991
Jan. 1 to July 31....... 7,055,292 6,784,418 1,738,401 1,768,329
Dee. 1 to Aug. 31....... 2,737,108 2,422,647
538,479
193,483
Paoitio S y ste m .b ..J u ly 3,299,567 2,703,401 1,515,217 1,058,317
Paoittc Mail...............Aug.
331,1 L7
328,546
89,402
2 3 ,066
Jan. 1 to July 31....... 18,140,375 17,439,467 6,552,936 5,551,373
Jan, 1 to Aug. 31____ 2,950,297 2,610,959
619,250
35 5,377
Total o f a ll.It.i....A u g . 4,888,615 4,155,525 2,106,872 1,651,431
M ay 1 to Aug. 31....... 1,410,955 1,292,278
324,561
17 6,91 8
Jan. 1 to Aug. 31 ...3 1.83 0,45 1 30,179,039 10,668,077 9,282,819
17,550
13,656
Ju ly 1 to Aug. 3 1 .... 9,410,257 7,973,053 3,92J,38l 2,968,925 St. Paul Gas Lt. C o... Aug...................
Jan, 1 to Aug. 31...........................
151,555
150,909
So. Pao. o f Cal. b ...J u ly
993,000
833,551
523,526
331,477
62,019
28,011
Jan. 1 to July 31. . . . 5,493,161 5,641,339 2,135,215 1,856,8 J l Teuu. Goal I. A RR.Sept.
Jan. 1 to Sept. 3 0 ...................... ..
420,239
572,054
So. Pao. ot A riz.b ..J u ly
176,034
147,651
49,298
12,482
Western Gas Co.—
Jan. 1 to J u ly 3 1 ....... 1,429,840 1,315,794
411,188
341,057
Milwaukee Gas-L.Co. Sept................. .
38,562
34,690
So. Pao. o f N. M .b,.July
94,385
74,427
44,892
21,030
Jau. 1 to Seat. 30 . . .
330.756
289,871
Jan. 1 to July 3 1.......
782,174
663,250
389,833
235,140
I n t e r e s t C l a r i e s a n d S u r p l u s .— T h e f o l l o w i n g r o a d s , in
Northern R y .b .......July
220,496
203,269
89,942
93,491
Jan. 1 to July 31....... 1,184,416 1,163,185
321,276
357,409 a d d it io n to t h e ir g r o s s a n d n et e a r n in g s g iv e n in t h e f o r e ­
Southern Railway.a.A ug. 1,604,557 1,442,001
471,726
420,909 g o in g , a ls o r e p o r t c h a r g e s f o r in t e r e s t , & o ., w i t h t h e s u r p lu s
Jan. 1 to Aug. 31........12,329,035 11,694,063 3,394,799 2,875,407 o r d e fic it a b o v e o r b e l o w t h o s e c h a r g e s .
July 1 to Aug. 3 1 .,... 3,088,122 2,865.676
847,810
743,784
-ln t., rentals, etc.-Tied, of Net E a m ’s.—
Spokane Falls AN o.aA ug.
50,918
44,861
21,142
23,537
1897.
1896.
1897.
1896.
Jan. 1 to Aug. 3 1 ....
420.372 273.461
199,593
151,262
Boads.
$
$
July 1 to Aug. 31___
104,328
85,661
42,326
41,951 Bufialo A Susqueh’ a. Aug.
12,668
12,987
14,570
18?544
Stony 01. A C . M ..b ..A u g .
9,607
10,086
6,690
6.570
July 1 to Aug. 3 1 .....
25.336
25,974
20 ,887
30,579
Jan. l t o Aug. 31 . . .
26,918 '3 0 ,8 7 1
9,453
10,641
Ohio. Burl.A Quincy. Aug.
890,000
876,202
788,726
44 4,45 0
July 1 to Aug. 31 . . .
17,105
19,412
10,954
12,455
July 1 to Aug. 31....... 1,780,000 1,752,404
985,180
54 1,57 0
Summit Br.ALy.Val. Aug.
141,707
117,958 def.18,978 def.33,605
M
34,743
34,100
22,178
def.365
Jan. l t o Aug. 31....... 1,088,846 1,182,008 d e f.1 7 ,143 def.89,578 Ohio. A W. to ich....... Aug.
Jan. 1
Aug. 3 1 ....
275,737
270,335 def.85,501 d f.83 ,015
Texas Central . . . . . . Aug.
18,308
18,110
679
232
Choc. Okla. A G u lf... Aug.
19,000
20,166
Jan. 1 to Aug. 3 1 ....
14 >,872
145,405
10,052
10,054
Nov. 1 to Aug. 31.......
190,000
83,227
ToledoAOhio Cent, b Aug.
103,107
130,511
23,856
26,207
Olev. Cin. Ch. A St. L . Aug. 240,273
233,157
56,697
57,077
Jan. 1 to Aug. 3 1 ----- 1,019,660 1,170,653
284,683
325.105
July 1 to Aug. 31.......
478,799
404,718
73,329
71,236
Ju ly 1 to Aug. 3 1 ___
213,981
297,942
50,356
66,412
Peoria A E astern. . Aug.
36,802
36,802
12,622 d sf.5,649
T ol.P eoriaA West. b.Sept.
88,465
84,512
27.323
26,032
Ju ly 1 to Aug. 31.......
73,603
73,603 def.4,545 def.13,820
Jan. 1 to Sept. 30----666.499
710,575
181,616
181.882
D enver A R io Gr’de.. Aug.
203,355
July 1 to Sept. 3 0 ....
245,810 231,564
67,569
58,396
200,696
81,883
50,861
July 1 to Aug. 31.......
385,248
381,428
206,173
129,415
Union Pacific—
Det. Gd.Rap.A W est. Aug.
16,241
Union Pac. R y .b .. Aug. 1,625,877 1,316,698
17,931
631,862
509,127
Jau. 1 to Aug. 31.......
127,573
Jan. 1 to Aug. 3 1 .. 9 .7 i6 ,3 9 7 8,726,042 3 ,3 2 L,340 3,070,540
31,238
Cent. B ranoh.b. .Aug.
70,615
41,281
53,883
51,237
10,549
4,133
39,932
22,577 F lint A Pere M arq...Aug.
Jan. 1 to Aug. 3 1 ....
Jan. 1 to Aug. 3 1 ..
336,415
270,456
426,315
409,813
8,806
20,167
171,740
115,773
Kanawha A M ich___Aug.
11,455
10,071
1,116 def.1,981
i h J e w A l £ w : ( 'b -Au<*2,700
31,323
22,977
2,271
July 1 to Aug. 3 1 ___
22,890
20,357
6,865
d ef.5,413
Jan. I to Aug. 3 1 ..
317,397
202,407
47,708 def.23.179 Kan. O. Ft. 8. A M ... Aug.
114,819
114,593
21,846
6,245
Grand to ta l.b .f.A u g . 1,965,696 1,507,851
782,975
510,630
July 1 to Aug. 31.......
228,206
227,198
25,228
8,886
Jan. 1 to Aug. 3 1 .. 11,609,602 10,065,952 3,890,839 3,278,801
Kan. O. Mem. A Bir.Aug.
16.437
16,435
2,024
5,162
Un. P. D .A G u tf.b ..A u g .
265,222
215,509
21,887
17 36J
July 1 to Aug. 31___
32.974
33,003 def. 7,122
8,265
Jan. 1 to Aug. 3 1 ----- 2,133,471 1,912,836
462,973
311,766
60,103
57,871
89,972
57,562
Wabash, b .................. Aug. 1,213,181 1,063,203
447,856
352,729 L. Erie A West’n...... Aug.
Jan. 1 to Aug. 3 1 ___
462,864
47.9, S57
486,537
416,195
Jan. 1 to Aug. 3 1 .... 7,581,544 7,937,952 2,424,177 2,105,014
130,566
July 1 to Aug. 31 .
2,138,816 2,108,702
777,290
663,043 Nashv.Chat. A St.L..Sept.
124,981
50,132
58,380
July 1 to Sept. 30 . . .
383,169
374,943
158,448
117,726
Waco A North\v’n ...A u g .
17,576
18,307
7,148
6 055
Jan. 1 to Aug. 3 1 ....
128,803
137,017
42,359
48,810 Philadelphia A R e a d in g A ll com panies.......aug,
745,000
840,352
244,178
34,249
W. Jersey A Seash’e.. Aug.
444,641
425,314
230 636
207.211
July 1 to Aug. 31....... 1,490,000 1,680,704
540,359
35,409
Jan. 1 to Aug. 31....... 1,805,943 1,874,335
520,717
509,036
Pitts. C. C. A St. L ..8 e p t,
215,151
241,240
346,095
193,044
West’ n o f A labam a. . Aug.
44.640
43,768
14,952
13 164
Jan. I to Sept. 3 0 . . . . 2,297,391 2,403,413 1,027,250
511,553
Jan. 1 to Aug. 3 1 ....
387,431
341,813
140,676
10 j!257
R io Grande S ou th ,... Aug.
14,165
July 1 to Aug. 3 1 ....
83,778
84,568
23,112
22,155
14,107 def.3,938
5,619
Ju ly 1 to Aug. 31.......
28.330
28,299 del. 7,771
6,555
West Va. Cent. A P...May
98,247
93,155
27,343
30 912
Jan. l t o May 31.......
455,772
472;S75
137,122
1 5 4 4 6 9 Sau Fran. A No. Pao.Sept.
19,004
19,104
20,297
8,890
J u l y l to May 3 1 ....... 1,043,051 1,089,329
334,933
373,695
July 1 t o Sept. 3 0 _____
57,012 57,312
62,389
35,233
W.Vlrginia A Plttsb..July
33,502
31,371
13,009
17 094
Tenn. Coal I. A R R . Aug,
47,777
47,834
14,242 def. 19,873
Jan. 1 to July 31.
218,855
223,203
92,991
110,521
Jan. 1 to AUg. 3 1 ..:.
429,993
430,956 def. 9,75 4
141,098
W eetiN.Y.APenn. b.A ug.
314,471
312,342
113,557
130 151 Toledo A O. Cent___Aug.
37,885
29,520 »df. 13,762 *def.3,105
Jan. 1 to Aug. 3 1 1,876,336
1,951,334
521,363
664 914
July 1 to Aug. 31...........
78,359
70,033 *df.24,43t> *def.2,789
July 1 to Aug. 3 1 ....
592,700
533,321
241,712
235^632 T o l.P e o r ia A West..Sept.
22,373
21,973
4,930
4,059
Wisoousin C entral.b.July
432,822
428,995
201,939
180 190
J u ly 1 to Sept. 3 0 _____
67,118
65,918
451 def.7,522
Jan. 1 to July 3 1 ..... 2,378,195 2,453,574
807,979
699[254
* A t ter a llo w in g fo r ocner in o o m e reoeived.
Wrlghtsv. A Tenn. Aug.
6,093
6,503
1,776
2255
Jan. 1 to Aug. 3 1
51,790
53,023
13.151
23205
SriiEST ttllLVF 1¥$ VXD TKACHO V COMPANIES.
July 1 to Aug. 3 1
12,855
13,255
3,551
5,190
York S outhern....... .A u g .
6,959
6,961
3,601
3 178 The following table shows the g r o s s e a r n in g s fo r. the la t e s t
Jan. 1 to Aug. 31 . . .
4 3 ,2 )3
42,911
13.681
13,950 perio l o f all s t r e e t railways from which we are able to o b - -

-

Roads.

THE CHRONICLE.

OCTOBER 23, 1897,J

tain weekly or monthly returns. The arrangement of the
table is the same as thac for the steam roads—that is, the
first two columns of figures giro toe gross earnings for the
latest week or month, aad the last two columns the earnings
for the calendar year from January 1 to and including such
latest week or month.
aT ilB E T R A ILW A YS AND TRACTION GOMPANTE3.
ta ti-l Gross Earnings.
G ross
E a r s ix ess.

Jan. 1 to Latesi Dale.

1897.

1896.

1897.

1896.

*

Week o r Mo

$

|

*

8.670
77.393
73,357
Akron M H * Olev Septcrob’r.
9,925
32.270
5,025
33,538
Amsterdam St R v.
August — i 4,741
21,189
Anderson El 8t. Rv May...........
1,36
07,072
7,733
677198
Atlanta Railway
- Septeinb'r.] 8,58»
B altim ore Con. Ry.‘ ... Septemb’r. 219,418 197.664 1,761.381 1,726 229
1,920,
15,599
10,107
Bath BA Ry. (Maine). SeptemtTr.
1,985
............
7,315] .............'
Bay Cities C onsol_ 'Sepiethb’ r.! 6,834
_
Bluehamron St. B y ... .Septgtub'r.i 13,788 13,440!
Bridgeport Traction Scptem b’r. 28,507' 28,418, 240.822! 248,059
"
37,453 33,628 222,030 208.351
Brockton Con. St. Ry A ugust—
Br'blyn Rap Tr. 00. Brooktya Height#.. iSeptesnb’ r.j 110,5X6 386.430 3,432,293 3,139,451
Briklyo Qu'nsA B ob.S epteoib’r. i 68,314 65,073 561.441 544,896
Total for system . SeptemP’r. *78,830 451,503 4,013,737,3 ,»8 1 ,H 7
...........1 638,254 680,509
Buffalo Railway.. .. J u n e .....................
Cen.R r.A E iT ie w B .i J u ly .......... 20.500 18,738) ............
...............
Cto JtMtomtTaLI-rac August .. .
9.471
City Elec. (Rnrae.fliM SeptemSTr.
2.147 T ib 's
17,464
i$iss
Cleveland E lectric.. Beptemb'r. 140,510 134,922! 1,203,120,1,238,862 ]
7.241
64,714]
........
Clave. Taioav A E. Beptemb’ r,
9,715
■
Columbus Sr Ky. (O.KSeotemb’r.; 6(5,358 50,883 454,095? 481,365
____ ^ Inland Je B’
.
Coney ______■ _ lyn , August— ; 42,70 ( . 42,059 237,960 2.44.370
COBibli'i! Er tc- IN' . Ii .st‘ptouit)’ r. 2u7,6‘JJ 214.3J0
O u t .B a * EL L ig h t* .
8,325
Street R v . . . . . . ....... Uigont
Dayton Traction........ A u g u st....! 0,310,
Denver Con. Tram tv. J August —
62,567
Detroit Clu*iis’ bt.Ky 2 d w k 0 e t .
Detroit Elec. B y.. ... Septemltr.
Balu>h St. B y............Svpiewti’r.
Erie Eire M otor Co . SepLuilb'r.
Galveetou City R y ... J u ly ...........: 23.620
Hart !»»u rg Traetion SCptumb'r. 21,130
Herkimer Mohawk It
ion .v F'kfort El. By.iAmpwt ...
Hooslck H r........ ........ -R-pLsm ,’r.
Hois# tun Klee. S c Ry June . . . . . .
I n t e w s t e CwnkoL o l,
North Attleboro. ...;8epten*V r. 12,993 10,85 i
4,913
K logsom c ity By. .. s-pt-untTr.
8,183
Lehigh Traction . . . . . 0-ptoHib*r. 11.14., 10,353
London St, By, (Can.), swplesib’ r 14.041 13,864
Lowell Law. A i l a v . Aagn#* .. S t,644 49.612
Jdetrop (K am a* OBy- J'lw kSepL 37,( 87 33,210 1,308,46
Metro. W.auin (Chle.t Septeinb'r. 59,437
43,184
5,128.
43,521
Montgomery St. tty.. •'■'pteran'rJ 5,170
Montreal S n-i-t Ry.
pu-lnb’f. 120,838 121,088 1,020.590 962,919
Raman Elec. (B'ktyai sepuMob’ r / 186,031 147,494 1.1 4,851 1,0.43,355
69,302
9,669
05,256
Newburgh Electric .. Saptemb'r
8,637
______
44,049
5.211'
43,083
S ew London St. Kv. Bepteatb’ r.’ 6.31 a
S ew Of lean# Tract ion Sepu-muT. 80,80S 98,803 950.3 *4 1,004,17 >
North Shore Traction 1 d .v k o * t. 30.7 2 a 21/184 1,138.121 1,135,998
2,348
1 ». 8 0 1
l.v.363
ft 44
OgdcUebuig SL tty... Septcrtnb'r.
ses’t'Ujh'r. 34,133 26,640 237.72- 215.439
Paterson Ry
10,942!
8/152
Pitta1. Ei, Sub, El. Ry June
1
1,298
3.212
Po'ki-.'e^lr A W*ppF » enptctnbr.
60,610
67.708
9,915
9,819
Kletluior.il Traction Soptcmb' r. 14,2 s l
8,861
June . . .
Roots ester R y .............June .......... 62,e94( 85,192 383.192, 114/178
02,093
8,45?
09,067]
Hot ,'h - It It A Soria soptgmL'r,. 1.0,105
07.45.86! 72,816
8,430
rtotiujlktli tract on . Sept*mb’ r.
8.523
2 5 ,5 s *
Schuylkill VaL Cr.r ‘ une., -----1 8,353
J
Borunt -« Ai'itrbors4'e Augu.rt . . .
3.804!
Scranton A Plttetoo -August..... ! 6,407; . . . . ..
201.'H 258.33 •
M
32.33 4 3 l ." 0 8er»tst«n Railw ay— ‘SeptewtiV.}
28,080
21,204
3.31.
ByiaotWo B*»t-8WeRy,j.Septeii»i>’r-j 2,781
317, 118 321,710
37,469; 35,718yr.iou.se R o r.T r By. s-p i«ta b 'r !
1 1l , *90 120,341
Terre Haute ETe, llv . Septeisn’r. ! 4,25b 13,705
1,256.4 -3 1.292 918
Third avenue (S .Y .». J u n o .......
____
.
783,934 741.504
Toronto Hy................. Septemb'r. 113,672 105.92i
Twin City Rap. Trim. Ju ly.......... .183,617,177,939 1,101,216 1.138,003
101,87s 169,130
Onion (S , Bad lo rd ).. Septem b'r. 20,113! 40,986
United Tract. (Plita.)'Septem o'r, 122 o i l . . . . . . . .
trailed Tract, ip r » v ./ August .. . 168,930 1
t ,29 532 6 1,3 i 2,858
134,396 133,1(7.1
Unit. True, tReading)IBeptemb’ r. 25,115. 22,462
46,51915,810
Wakefield A Stone . . . . iSeptetnb’ r.
6 ,2 3 1 4,9 8
WauBfbory Tr«0t46n,.!8epwfito*r.' 23,9281 20,136 189,190 178,343
W est Chicago n t By Mupuuito’ r. 3.72.241 331,005
W heeling R ailw ay...iSeptouib’r,! 1 6 .1 /7 : 14,000 12 332 4: £iil*67
Wllheab. A Ay oalley A ugust. ■■.. *3,t0it 47.431 315,603' 331,663
* Inolndee Baltimore Traatlon and City A Suburban tor both years.

Street Railway Net Earnings.—In the fo llo w in g wo show
both the gross and the not earnings to latest dates o f all S t r e e t
railw ay s 1'rmn winch we havo been able to procure rnontaiy
returns. As in the case o f the steam roads, the returns of the
different roads are published by ua each week as soon as re­
ceived, and once a month (on the third or the fourth Satur­
day o f the month) we brin g ail the roads reporting together,
&s is done to-day.
'Bowl*.

— -ffroM Sm*tiina§,—
—•fira*.* S am man. —
1898.
1097.

Akron Bo t ■ Qter, .Bopi.
%
J » « , 1 to Sepi. 3 0 ,,,,
AmMt&Ttimmi
Ry-, Mug*
Jan, l to Mag 3 1 ,.,..
Anderson Elee
Jan. 1 .to M ajr 3 1 , . .
Atta’oto
..
4m., 1 $» Sep*. 3 0 ...«

Bath St. By, (

J a s, l to
3 0 ....
Bay (a tie* fJbmstvRy. Sept.
Binghvrn’ o o 0t. By. 8ept.
Brirtueport Tranrin..8ept.
J»n, 1 (*’ Sept, 8 0 ...,
July 1 t*v Sept. 3 9 —
BroektonQoo.8t.By. Aug.
Jan. 1 to Aug. 31.......

>
8

51,925
77,393
4,741
32,276
4,302
21,189
8,503
07,872
1,985
15,599
6.834
13,788
28,507
210.822
92,842
37,453
222,030

8

8.670
73,357
5,02 ft
33,530
7,733
67,199
1,920
10,107
7,315
13.440
28.418
240,059
08.715
33.823
208,351

a --- lift
,— Net Sa
1097.

8

3.553
20,539
1,301
7,775
2,281
10,493
2, >55
16,997
721
8,464
1,776
7.409
15,416
104,107
49.709
13.331
55,979

1800,
$

2,830
1,789
7,555

1.990
16.973
871
5.230
3,016
5,995
10.608
109,320
4 1 ,9 ,5
16,981
85,379

-Gross E a rn n ig s 1897.
1896.
Roads.
3
>
Central Ry. A Eleo, (New Britain!

778
Ret E arnings.----1897.
1896.

*

9

, __ _ _T
_
Gin. A Miami Val. Tr.Aug,
9,471
.... ....
5,670
City Eleo.( Rom e,(}a.;nSi>pt.
2,117
1,903
622
505Jan. i to Sept. 3 0 ,...
17,466
15,665
4,466
3.87T
143,200
Cleveland EleetriB...July
155,469
49,820
57,860
Jan. 1 to July 31____
922,895
307,128
950,978
321,733
Olev, PaineaF. & E..3epfc.
9,715
7,241
5,104
4,203
64,714
Jan. 1 to Sept. 3 J___
32,101
Columbus (0,}8i> Hy.Sept.
66.35S
56,333
40.058
31,728
454,095
Jan. 1 to 0ept. 3 o----43 L.565
210,837
246.961
Consol. Traedn.NlJ.SepL
244,330
287,602
139,6 13
123,874
Danv.Gas EL-L.A9t.Ry.Aug. 8,325
3,421
67,2-58
Jan. 1 to Aug. 31 . . .
29,721
6,340
5,914
Dayton, O., T rao----- Aug.
3.338
4,120
Denver Con. Tm m w. Ang.
62,567
63,265
21.158
21,982
Jan. 1 to Aug. 31. . . .
469,425
477,971
180,841
179,839
Detroit Citizeus’ St. Rv.Sept. 95.43S
89.906
46,316
37,636
8 1 7 ,2 -3
Jan. 1 to Sept. 8 0 ---778 377
396,597
319,853
Detroit Electric R y .. Aug.
30.043
36,816
8,902
11,669
Jan. 1 to A u g 31.......
205,007
287.062
83,663
86,948
9,739
Duluth Street liy ...J u ly
18,057
20,750
11 636
23.620
24,014
Galveston City Ry ..J u ly
10,876
10,848
m ,S ) j2
li» ,7 6 S
Jau. l to July s i . . . .
4 3 ,-.111
44,567
9,3-m
Harrisburg Traot'n..9ept.
21.13S
17,851
6,993
31,173
July 1 to Sept. 30 . . .
68,353
68,078
20,440
Herkimer M oh iw k Illoa
2,905
3,552
A Prank. El. rty— Aug.
1,045
1,767
26,506
28,770
12,223
Jau. 1 to Aug 31----14,503
Inter-State Consol. Street
10,952
3,017
Ry. (No. Attleh i .. Sopt.
12.993
2,835
Jao, l to Sepc. 3 0 ....
97,860
94,413
21,250
20,980
10.353
7.582
5,547
Lehigh T raction. ....k ep t. » 11,115
92,124
37, UO
Jan. l to Sept, 30 .. .
82,408
43,857
July l to Scot. 30 . . .
34»47i
34.695
20,370
19,566
14.041
London 8t. Ry. ( 'an.iSopt.
13,562
8.134
8,334
33.0J7
Jau. 1 to Sent. 3 i . . .
78.119
72,556
32,398
25,234
25,396
51,644
Lowell L-i wr’ce A 11. Aug.
49 612
295,037
285,250
115,869
1L8.297
Jau. 1 to Aug. 31.......
59,437
22,107
Motr.W.SldeEl ,< iiic.Sept,
130,103
460.230
. . . . -.A'
51ar. 1 to Sept. 30 . . .
150,509
156,610
70,221
73,771
Metrop'n 8t,E y..K .C Aug.
465,572
460,030
Jan. I to Aug 31 . . . 1,0 <4,074 1,088,326
201,238
2 0 /.1 1 1
June 1 to Aug. 31 . . .
458,072
4 5 8/i98
14,‘ OS
5,978
8,638
1,256
Kansas City K iev.. Aug.
109,092
90,9 08
31.U42
58.2 0
Jan. I t o i u g . 3 1 ..
42,371
9,739
28.551
23,007
Juno 1 to Aug. 3 1 ..
75,027
171.317
162,588
78,859
T o ta l....................Aug,
52 3,sUL
491,072
Jan. 1 to Aug. 31 - 1,193,103 1,179,264
501,243
487,252
218,900
227.325
June 1 to Aug. 3 1 ..
5,125
S,9 JO
5,170
2,798
22,176
43,-521
22,136
43,181
Jan. 1 to Sept. 3 0 ....
9.089
4,151
1.965
8,637
Sfewbatg
fciySept
21,077
6 5 ,2 ) 1
60,302
30,988
J in , t to Sept. 2 0 . . . .
J0.6J3
16.070
3 2 /U 7
18.285
July 1 to Sept. 30 . . .
2,346
6,319
5.216
2.581
Sow London 8t, tty .S ep t
16,009
18.096
13.083
44,049
Jau. 1 to Sept, 30 . . .
22,279
43,077
90,805
98*803
Sew Orleans Truest Sept.
410,393
296,411
950.391 1.001.479
Jao. 1 toS&pt. 3> . . .
j
175,563
100,800
97.037
177,395
North Shore Craet’ u, Aug.
14,135
10,395
26,0 to
32,133
Paterson Ral way. Sept.
115,315
103,005
257.720
845,109
Jao, I to Sijpftr 30 .. .
643
2,105
3,212
1.298
Plttr.rr.A--H!!. et.R v j'n o
3,793
10,797
16,013
8,052
Jan. 1 to Juue 3 3 ___
6,922
6.662
9.915
9.819
Tough Clty&W Falla. Sept.
31,002
20,511
06,610
67,706
Jau. 1 to S e p t 3o .. .
4.179
3,513
8,457
R oxb’ghChost HlU&N.Sept. 10.104
21,905
62.083
21,650
OS.O07
Jan. 1 to Sept. 30 . . .
8.480
3,861
1 001
8,523
Sehuvlkll! Traction,Sept.
30,962
72,810
25,585
Jao, 1 to
30 . . .
07.000
181
5,353
Sobnylklll Vu). Trac.June
16,622
13,430
32,53*
31,538
Soranton Railway.. Sept.
121,3 (7
250.339
129,17 0
261.799
Jao* 1 to
3 o ___
52,133
42,074
100.9.54
96,.>61
Ju ly 1 to Sa jit. 3 0 ___
1,001
ra**---*
.
3,802
Scranton A Carbon. .Aug.
3,936
7.027
Ju ly l to A ll. , 3 1 . . . .
4
3.059
.*••. . . .
6,407
SorantouA Plt'aton.. Aug,
5.768
12.654
J o ly 1 to Mug. 4 l . . .
107,085
104.471
177,839
182,017
twin City Rapid Tr,.July
629,218
537.248
Jan. 1 to July 3 t ....... 1,103,210 1,130,003
9,102
10,624
20.126
23.920
Watorbury rr>aci'n..4<-pt.
80.808
82,927
179.343
189.190
Jao, i to 9«pt. 30 . . .
169,737
331.685
183,798
353.231
West Chicago Si.K y.9ep'.
24,144
25,251
47.431
43,409
WUki-ab.AWy.Vy.Tr. Aug.
176,652
172,530
331,063
315,603
J in, 1 to Aug. 31.......
a Net Gamines here riven are after iloduntl ng tares,
b Net earnlogv here *W ea are b-ifo-e'l-d u otl ist tales.
* Cleveland Ce'iiennlal In 1896 acoountod for large receipts then,
i Not earnings are after deiluotlng ta-con and lire and aouulono insur­
ance.
I n t e r e s t C h a r g e s a n d S u r p l u s — T h e fo l l o w i n g S t r e e t
r a ilw a y s , in a d d it io n to t h e ir g r o s s a n d n e t e a r n in g s g i v e n i n
t h e fo r e g o in g , a l s i r e p o r t c h a r g e s fo r in t e r e s t, & o ., w it h t h e
su rp lu s o r d e fic it a b o v e o r b e lo w t h o s e c h a r g e s .
,— Int. Rentals, Ac,----. r-B al, o f Ret E arn’gs
1897.
1890.
1897.
1896.
ffriftd,$.
S
8
*
®
.
*
B
Atlanta R 'w a y .........Sept.
1,250
1,250
905
740
Bridgeport rriict’ n .B ept.
7 .0 1|
7,042
8,374
July I to 8«pf. 4Q . . .
21.127
20,o0o
28,5d2
24,470
Central Ry. A I'lro. (Now Britain)
,,
June 4 to 5>ct 3 0 ....
11,641
11,302
16,023
9,115
Denver (Jon Tramw Ansf.
18.133
17,828
3.025
4,154
3 a o . l t:. An™. 3 1 7 ° :.
147,935
142.8*7
40,9v6
36,992
Paterson R ailw ay...Sept,
9.0 0?
_ f '? 8 7
u l ’S n f
Jan. 1 Hi Sept- 3 J___
81,32a
(8,101
34,020
24,964
Schuylkill Traollon.8*pt.
2,683
f.hSS
|.87S
J»7 7 f
Jan. 1 to Sept. 3 0 ___
19,747
18,747
6,s38
U ,2 1 o
W iterbnrv Tr^c Oo Soot
3,110
5,24,0
/ ,?)14
3,H02
Jan l to SebV. 30 . . .
27332
35,648
52:978
47,379

THE

774

C H R O N IC L E .

[VOL LXV,

The net earniags for the four months ending July 1, 1897,
are credited with “ other interest ” $125 and charged with
Annual Reports.—The following is an. index to all annual taxes for six months $3>,753. and interest for s-x m >nths
re:> irts o f steam railroads, street railways and miscellaneous $35,000, producing a balance surplus of $.’3'320, against which
oo npinies which have been published sinee the last editions were charged several items, leaving a balance to b9 carried
to credit of profit and loss $3,833.
of tin I nvestors’ and S treet R a ilw a y S upplements .
BALANCE SHEET JUNE 30, 1897.
Tuis in le x d o e s n o t i n c lu d e r e p c r t s in to d a y 's C h r o n i c l e .

ANNUAL REPORTS.

R a il r o a d s

an d

M.is c e l . C o .’ s .

Volume 65—
Page.
Alabama & Vick«*burg................... 617
American Grocery
................... 366
Anaconda Copper Mining C o...
5 ttf
Atcb. Top. & S. Fe....... ...494, 510, 517
Atlantic Coast Line Co............— 564
Beech Creek.................................. 27
Boston & Albany............................. 2«o
Boston & Maine............................. goo
Boston Electric Light .................. 276
Boston Revere Beach & Lynn......5rt8
Buffalo Roch. A Pitts.............. 616, 631
Calumet J Hecla Mining................ 233
k
Central of Georgia Ry.......... -.324, 010
Chesapeake A Ohio.......... 348. 363, 869
Chic. Burl. A Quincy (6 months)... 563
Chicago A East. Illinois. ... ......... 724
Chicago Great Western ......... 512, 52 L
Chtc. Mil. & St. Paul.........440,460, 464
Chicago * North Western.257.2.4, 279
Cincinnati N. O. & Tex. P a c .........565
Clev. Cin. Chic. & St. L. ...443, 459, 467
Colorado Fuel & Iron................... 365
Consolidated Ice C o ........... ..... 461
Denver & Rio Grande......350, 364, 371
Elgin Joliet & Eastern...................401
Erie RR.... .................615, 051, 065, 060
Evansv. & Terre.Haute (advance) 685
Fall Brook............................... • 513
Fitchburg ........................................ 613
Georgia Southern & Florida*....... 017
Illinois Central. ...............395,409, 414
Iowa Central.................................. 506
Kanawha A Michigan ... ----514
Kansas City Ft. Seott & Memphis. 364
Kansas City Memphis & Bir ....... 364
Kansas City Pittsburg & Gulf. ... 472
Lehigh & Hudson River .............. 325
Long Island— ..................
612
Louisville A Nashville....648. 664, 670
Do.
Supplementary report.. 6>2
Manhattan Elevated (N. Y.)......... 325
Mexican International............149, 156
Mexican Northern......................... 079
Minneapolis & St. Louis. .710, 724, 731
Minneapolis St. Paul & S. S. M ... 017
Mobile & Ohio.......................... 724, 735
Nashville Cnatt. & St. L ......... 004. 078
Newburg DutcheBS & Conn............ 608
New England RR............
726
New Orleans & North Eastern.. .. 617

R a il r o a d s

and

M is c e l .C o ’ s (<7o/ i .)

Volume 6 5 —

Page.

N. V. Cent. A H ud. R iver -4«2. 511, *33
N. Y. N ew H i v e n & H .......511. i>>4, 665
N. Y. O ntario & W e s t...
495. 511 rv'O
N. Y. & R ockaw ay B e a rli............ 6L8
N. Y. Susquehanna & W estern ... 511
N orfolk A W e ste rn .....................602, 628
N orthern Pacific .......................650, 63 >
O hio Falls Car Mftr. C o. . ..
276
O hio S outhern.....................................
Old C o lo n y ........................................ 555
O regon R it. & N avigation. ..459, 46W
P e o p le ’ s Gas L . & Coke (C h go.)— ;2 7
P h lladolohia Reading A N. Ming... 3 '5
P ortlan d A R u m fo rd Falls......... 567
t*rospect Park & C oney Island. . .. 619
P u llm a n ’s Palace C a r....................727
Ity. Equip, o f M in nesota............
150
R ‘. o G rande S ou th ern ..................236, 304
R io G rande W estern.
..704,723, 733
St. L o u is A ''a n Fran cisco .............. 617
St. L ou is S outhw estern . . .
564, 725
St. P aul & D uluth (a d v a n c e )... -25
San F ran cisco & N orth P a cific.193, 275
Som erset R a ilw a y ......................... 563
Southern Railw ay .............. 410,599, 622
Standard R ope & T w ine . . ; ........... 56^
Stateo Island Rapid T ra n sit..... 515
Street R y . & Ilium . Properties. . . . 509
Syracuse B ingh am ton & N. Y ... 563
T o le d o A O hio Cen lral.................. 564
T o le d o P eoria & W estern........... 514
T row D irectory P rintin g & B ... 365
U lster & D elaw are ........................... 508
V icksbu rg Shrevep ort & P a c .... 6 is
W abash
. ................. 444. 460, 471
W e ste rn N. Y . & Pen n, (a d v a n ce ). 276
W e ste rn U nion Telegraph .............. 727
W e s t Va. Central & Pittsburg.. 560
W isco n sin Central C o................... 507

St r e e t R a il w a y s .
B rook lyn R apid T ran sit S ystem .. 320
D ry D ock E. B. & B attery (N. Y.
508
K ings C ounty Elevated, B klyn . . . 567
M etrop olitan St. Ry. (N .Y .)...... 618
R och ester R y .......................................613
U n ion T raction , P h ilad elp h ia.. 515
U tica B elt L in e ........ ........................ 568
Y on kers R R ....... ................................... 514

I li s t . L o u is & S a n F r a n c is c o R a ilr o a d .
( R e p o r t f o r th e fisca l y e a r e n d in g J u n e 30, 1897.J
T h e r e m a r k s o f P r e s id e n t R o b in s o n , t o g e t h e r w it h a d e ­
t a ile d s ta te m e n t o f e a r n in g s , in c o m e a c c o u a t , b a la n c e sh e e t,
e t c ., w ill be fo u n d o n p a g e s 779 a n d 730 o f t o -d a y ’s C h r o n i c l e .
S t. J o s e p h & G r a n d I s l a n d R a i l w a y .
("R e p o r t f o r th e y e a r e n d in g J u n e 30, 1897. J

Assets—
Liab'lilies—
Oort o f road, equip­
Stoea outst. (see 8 up.).$13,5'27,600
m ent, e t c ..................$16,990,103 Bonds outstand n g ___ 3,5 00,0 00
C a sh ..............................
67,007 A udited v o u c h e r s ___
60,727
Due from agents .......
11,874 Pay onecks .................
28,736
Due from ind. & c o n ..
24,124 Due to fo r’ n ro a is.......
11,805
Due Irom for. roads . .
19,716 Coup, due and unpaid.
35,000
Due from U. 8. P. O ...
7,231 A ccrued taxes ............
29,545
Materials and supplies
77,533 Equip renew al a c e ...
156
M iscella n eou s............
3,245 M iscellaneous ...........
3,431
Frotit andloss, sur . . .
3,833
Total assets........... $L7,‘2 00,833 |

Total liabilities___ $17,200,833

Accounts Audited. —The Audit Company appends its corti­
cate as to the accuracy o f the statement of earnings, oper­
ating expenses and income account for the period Feb. 28,
1897, to July 1, 1897, and of the accnrtcy and completeness
of the balance sheet as of June 30, 1897.— V. 64, p. 1138.

Western New York

&

Pennsylvania Railway.

( Report fo r year ending June 30, 1897.J
On subsequent pages we give President DeCoursey’s
remarks from the annual report in full. The earnings, ex­
penses, oharges, etc., were as below.
OPERATIONS AND FISCAL RESULTS.

1896-97.
1895-96.
1894-95.
1893-94.
Miles o f road op er’d.
643
643
643
643
Operations—
Passengers carried .. 1,371,426
1,504,631
1,392,054
1,459,668
Pass, carried 1 m ile. 31,798,109 33.527, ’ 9 4 30,846.061 31,449,065
2-107 cts.
Rate per pass. pr. m. 2-099 cts.
2*18-5 cts.
2-200 cts.
Freight (tons) car’ d. 3,618,853
4,287,832
4,124,395
3,48 L, 237
Fr’gt (tons) car. 1 m .415,705,224 463,700,601 500,674,137 381.951,169
0-5121 cts. 0-5022 cts. 0-4903 cts. 0*5662 ets.
Ear >
ings—
$
$
$
$
P assengers................
667,416
706,545
673,945
691,802
F r e ig h t ...................... 2,128,832
2,328,863
2,454,953
2,162,694
158,526
150,622
153,112
Mail, express, & c „ ..
157,406
Total earnings..
Expenses—
Maint. o f way, & c...
Maint. of equipm ’ t..
Conduct’g transp’n.
General......................

2,954,774

3,186,030

3,282,010

3,011,902

487,750
417,890
1,029,156
108,150

581,861
433,010
1,110,035
109,005

527,091
515,959
1,125,173
124,613

591,026
415,620
1,019,941
187.164

T o ta l...................
Net earnings............
P* c. o f exp. to earn.

2,042,946
911,828
6914

2,233,911
952,119
70-11

2,292.836
989,174
69-86

2,214,355
797,547
73*52

INCOME ACCOUNT.

1896-97.
1895-96.
1894-95.
1893-94.
P r e s id e n t W il l i a m L . B u ll s a y s in p a r t :
Receipts—
$
$
$
$
G e n e r a l.— In th e a c c o m p a n y in g t a b le s th e fin a n c ia l r e s u lts Net earnings............
952,119
911,828
989,174
797,547
54,611
29,600
a r e g iv e n f o r th e e n tir e y e a r b u t i t w i l l b e n o t e d t h a t th e Other incom e............
56,638
711
p res en t m a n a g e m e n t h a s h a d c o n t r o l o n ly s m c e M a r c h 1,
Total....................
966,439
1,008,757
1,018,774
798,258
1897. I t h a s n o t b e e n p o s s ib le as y e t t o o b t a in a se ttle m e n t
Disbursements—
o f a c c o u n t s w i t h th e U n io n P a c i fi c r e c e iv e r s , a n d as a c o n s e ­ Int. on 1st m ort’ s ...
499.500
516,351
508,710 . 502,460
225,000
50,000
q u e n c e th e a c t u a l c o s t o f y o u r p r o p e r t y c a n n o t b e fin a lly Int. on gen. m ort’g e.
Int. on r. e. m ortg’s.
15,561
15,549
14,654
14,654
s ta te d in t h e c a p it a l a c c o u n t . E v e r y e ff o r t is b e in g m a d e to Int. on equip, notes.
10,052
72,892
10,858
39,357
h a ste n s u c h a s e ttle m e n t.
T a x es.........................
90,076
95,430
99,735
89,658
26,400
C h a n g e in A c c o u n t i n g ,— T h e d i r e c t o r s c a l l a t te n tio n t o th e
c h a n g e s w h ic h h a v e b e e n m a d e in t h e m e th o d o f k e e p in g th e
T otal....................
840,189
688,188
685,914
682,606
b o o k s o f th e c o m p a n y s in c e th e p re s e n t m a n a g e m e n t t o o k
Surplus fo r year.......
126,250
320,560
115,652
332,860
c o n t r o l. T h e sy s te m o f c h a r g i n g in e a c h m o n t h th e p r o p o r ­
GENERAL BALANCE SHEET JUNE 3 0 .
tio n a t e a m o u n t o f ta x e 3 , in s u r a n c e a n d o t h e r ite m s o f s im ila r
1897.
1896.
1895.
c h a r a c t e r , in s te a d o f p u t t in g t h e m i n o n e e n t r y , h a s a ls o
Assets—
$
$
$
b e e n a d o p te d .
R oad and equipm ent.. .....................51,423.994 51,424,068 51,381,079
P h y s ic a l C o n d it io n .— T h e p h y s i c a l c o n d it io n o f t h e r o a d Stocks and bonds ow ned.................
616,261
686,261
105,231
155,780
180,168
157,505
h a s been g r e a t ly im p r o v e d s in c e M a r c h 1st, a n d fu r t h e r w o r k Materials and supplies.....................
103,988
95,586
116,055
w i l l b e c a r r ie d o u t as s p e e d ily as p o s s ib le , a m p le m e a n s b e in g Due from agents and con d u ctors..
Due from individuals, com p’ s, <fcc..
566,817
479,929
567,266
p r o v id e d f o r d o in g s o i n t h e p la n o f r e o r g a n iz a tio n . O n e Gash on hand...............
225,839
248,268
174,364
26,452
36,504
th o u s a n d to n s o f s te e l r a ils h a v e b e e n p u r c h a s e d a n d la id Unaccrued int. inc. in equip, notes.
47,363
M iscellaneous..............
5,969
21,946
23,085
s in c e i n ly 1. O n e h u n d r e d t h o u s a n d tie s h a v e b e e n p u r ­
c h a s e d an d p u t in th e t r a c k , a n d im p r o v e m e n ts a re in p r o g Total assots............ .....................53,194,651 53,172,730 52,571,948
press a t H a n o v e r t o c o s t n e a r ly $25,000.
Liabilities—
2 0 , 0 0 0 ,0 0 0 2 0 ,0 0 0 ,0 0 0 2 0 , 0 0 0 ,0 0 0
P r o s p e c ts .— T h e G e n e r a l M a n a g e r r e p o r t s th a t t h e r o a d is S tock .............................
Bonds (see S u p p l e m e n t ) ..................... 29,990,000 29,990.000 29,990,000
in s a t is fa c t o r y c o n d it io n , a n d t h e p r o s p e c ts f o r c o n t in u e d Equip, notes (including in terest)..
188,252
133,986
242,519
to n n a g e d u r in g t h e c u r r e n t y e a r a r e e x c e lle n t . I t is t h e p u r ­ Interest on b o n d s .___
337.128
302,550
256,081
289.798
270,764
289,798
p o s e o f t h e m a n a g e m e n t t o m a in t a in t h e p r o p e r ty in th e Real estate m ortgages
363,547
353,254
515,577
h ig h e s t c o n d it io n d e m a n d e d b y t h e c h a r a c t e r o f its bu sin ess, Wages and supplies ..
Kinzua Valley RR. w arran ts.........
57,000
57,000
57,000
an d t o p r o v id e a m p le f a c ilit ie s f o r t h e d e v e lo p m e n t o f its Bills payable...............
212,720
62,720
tr a d e , b o t h t h r o u g h a n d lo c a l.
Pro tit and lo s s ....... ......
2,023,065
1,929,028
1,027,159
128
128
128
S ta tis tic s .— T a b le s s h o w f o r t h e e n t ir e y e a r as f o l l o w s : M iscellaneous..............
T o n g c a r r ie d o n e m ile , 21,993,778 ; a v e r a g e to n s p e r tra in ,
Total liabilities . . . .....................53,194,651 53,172,730 52,571,948
1 3 5 ; r a te p e r t o n p e r m ile , 1-139 c e n ts ; r a t e p er p a sse n g e r — V. 65, p. 287.
p e r m ile , 2-6 c e n t s : a v e r a g e p a sse n g e rs p e r tr a in , 1 8 ^ . O f
St. Paul & Dulutli Railroad.
th e to ta l fr e i g h t c a r r ie d 58 p e r c e n t w a s c o r n , 6 p e r c e n t l i r e
s t o c k a n d 5 % p er c e n t c o a l.
( Report for the year ending June 30, 1897.)
E a r n in g s . — T h e e a r n in g s , e t c ., w e r e a s f o l l o w s :
President R. Somers Hayes says in substance:
_
.
Feb. 28, 1897.
Total year
Gene-al Results.—The freight tons carried one mile were
Earnings, etc.—
to July 1,1 897 .
1896-97.
16 per cent more than in the previous year but the average
Gross from fr e ig h t.....................
$249,511
$733,832 rate per mile was less by reason o f active competition, and
D o. do. passengers......................................... 40,072
125 233
D o. do. mail, express, eto............................. 26,645
80,022 a greater movement of the lower classes of freight. The
Total gross earnings................
$316,218
Op. expenses—m aintenance o f equipm ent___ $29,821
Do.
maiuten. o f w ay and s tru c t...
67,097
Do.
conducting transportation___ 115,065
Do.
general expenses.........................
11,298

$939,087
$87,626
169,221
365,833
35,781

Total operating expen ses............................. $223,281
Net earnings......................................................... $92,947

$658,461
$280,626

decrease in the number of passengers carried was due to the
prevailing business depression.
The balance to the credit of railroad income shown in the
accompanying balance sheet is an available cash asset. No
charge has been made to capital account during the year.
Maintenance.—As to maintenance, etc., the report says:
E xpenses o f “ m aintenance o f w a y ” include $37,715 expen ded fo r
Im provements and betterments. The decrease o f $92,134 under this

OCTOBER

THE CHRONICLE.

23 1897.]

7 75

head is due to the large expenditures made the p rior year. D aring the I F i n a n c i a l .— F r o m July 1, 1893, the operating accounts
year 10*64 miles o f new steel were laid; 1*8,110 cross ties were placed i
l w n rliM rth n ted to' m t ife r m fn Hih ' diaf-rihnHnr,
m track:
f now fence was construed e l . Contracts w e-e h a v e t~ e“ h is tr iD u te a t o c o n t o r m t o th e d is t r ib u t io n r e c o m -

durtiiv: the *im« of .omperitire prices for steel rails for 2,500 i mended by the inter-btate Commerce Commission, Car
trust notes amounting to $46,398 hare been paid. There is
still outstanding .$86,051, of which amount $16,095 will ma­
ture daring the fiscal year ending June 80, 1898.
The operation of the Evansville & Terre Haute Railroad
shows a surplus for the year of $79,239; the deficit of the
Evansville & Indianapolis Railroad is$106,4'34 ; a total deficit
from operation of both roads of $27,185. There is, therefore,
no dividend for preferred stock.
Prjspec's.—The prospects for the coming year are exceed­
ingly favorable. Factories are resuming operation, and inquiries for manufactured products of all kinds are increasing.

tons delivered in Duluth f. o. t> at $18 00 p e r Whi. This will ’be suffi­
. ‘
.................. ............
'
”
•
”
cient to com plete the replacmsr o f all the light-weight rails o n the m ain
line. 1 ery little was done on th e reduction o f grades, which w o rt has
been tn progress foe som e years. The estim ated cost to oom plete the
contem plated redu ction o f grades Is $100,000.
A ll o f the passenger equipm ent i- now furnished with such appli­
ances as the law requires, and before the close o f the current oalcudar
year nil o f the freight engines and a portion o f the freight equipm ent
w ill Tie provided with autom atic couplers and air brakes as required
by Saw. It is estim ated that It w ill cost $175,000 to equip the balance
o f the freight cars.
,
„
T he p roperty is in good physical condition. The trestle across Lake
Phalen and those between West End Junction and Duluth must be
filled or renewed, and work upon them will to* com m enced during the
.................
...
,

with previous years. The earnings for the first two months
of the next fiscal year are largely in excess of this year, and
also somewhat greater than for the same period of 1890.
Unless all indications fail the country is entering upon an
era o f prosperity in which your company must participate,
greatly to its financial advantage.
S ta t is t ic s —
The yearly statements compare as follows :

• year, and their cost charged to incom e account.

Lands Taxed.—The lands granted to the company hereto­
fore have been exempt from taxation, but by a vote of the
people of Minnesota, at the last general election, the lands
are now to be placed on the tax lists. There is doubt ex­
pressed, however, as to the legality of the acts under which
O p era tio n sthe taxation will be sought to be enforced.
Total miles op erated —
Statistics,—The operations, etc., have been as below*.
OPERATIONS AND FISCAL RESULTS.
1898-97.
1895-90.
1894-95.
Operattans—
515,194
531,057
528,703
Passengers carrie<l..
Pass, carried 1 mile. 14.003,792 15,212,097 15.116,28 ,
2*18 ot*.
2*27 ete. A v.rate per pas p m. 2*02 eta.
___
1,137,012
1.023.368
Frei A t f to us) m oved 1,200.098
F*gttton*>.*ar. 1 m. 148.O8S.1H0 127.2H I.9W 108,621,403
AT.rate per ton p.m
O 80 etc.
0*925 ots.
E a r n in '] * f r o m —
$
369,432
387.944
3*17.861
Passenger*...............
1,187.223
1,169,362
990,261
F re ig h t....................
45,102
49,020
49,010
M ali, express, Ice . .
T o ta l..... ............
O per.erp.an d taxes.

1,564,104
1,203,050

1,587,863
1,280,524

TT-123.307
1,060,915

Net earnings___
O ther in c o m e ..........

3 0 1 ,0 5 4

59,892

307.339
78,100

362,392
40,258

T n ta!...................
Disbursements—

420,946

395,439

402,650

Rental- ... .............

i 34,353
150,000
239,505
14,601

130,919
180,000
230,505
53,523

119,944
150,000
239,475
68,003

Interest on bond*...

5 p. e. dir. on pref ..
M iscella n e o u s.........

577.422
573,847
538.607
T o t a l...................
B alance from HR
operation*............ . def. 117,721 <lef. 189,409 (Srf.174,772
Ree'pts from stum p242.483
90,629
age and lan ds.......
10*4,417
Balance.

1890-97.
1895-96.
1894-95.
1893-94.
167
167 167
167
Passengers carried -------241,301
313,417 289,774
373,999
Pass, carried one m ile ,..11,455,961 12,841,346 11,721,859 17,628,270
1893-94.
Kate per pass, per m ile... 2*053 cts. 2*103 ots. 2*206 ots. 2*043 ots.
5 5 -,200 i Freight (ton s)ca rried *... 942,330
1,039,242 947,533
949,688
--------- ~
16.,90,975 Freight (tons) one m ile*.59,869,714 64,224,412 58,548,139 55,822,840
, Bate per ton per m ile .... 0*938 cts. 1*027 cts. 1*034 ots. 1*105 ots.
1.038,9X0 j Earnings—
$
$
$
$
116.458,840 Passengers......... .............
235,219
288,572
360,198
269,998
Freight;.................- ...........
573,661
659,647
605,245
616,984
Mail, express, e te ............ * 194,519
193,152
174,456
182,754
422,868
1,046,007
Gross earnings.......... 1,003,129 1,122,797 1,038,273 1,159,936
4 4,518
Expenses—
~ ~
j M aintenance o f way, Ao.
121,393
116,182
120,189
152,342
f.513,39,1 . M aintenance o f eqtupm’ t.
102,166
187,972
103,439
89,481
1,104,3 o l i C onducting tra n sp o r fn ..
266,892
261,101
286,619
298,165
G eneral...............................
45.601
81,390
101,465
101,532
409,042
43.493
Total expense*..........
642,443
555,809
644,520
587,187
447,620
480,354
451,086
518,416
4*2,535 j S et earning*......................
(59*77)
Per fit* o f exp, to earn s...
(55*85)
(54*94.)
(56*16)
140,798 I Other Incom e....................
10,104
17,191
13,170
13,158
1 5 o ,tw o :
293, 408 I
461,811
T o ta l...................... .
464,256
528,574
495,*58
16,766 j Deduct —
Interest on d eb t. . ........ .
332,950
332.353 . 327,861
296,641
600,968 |
25.680
5 2 ,6 2 1
Miscellaneous anil ta x es.
52,340
57,261
102,507

def 13,304 tur.54,075 d ef.8t,14 3
Ik ST itnsn 30.
1897.
1896,

Road ami equipm ent ....... ....... . .. 12,585,223 12,085,223
1,560.223
Bond* and stocks ............................. 1,55*3,070
271,164
323,710
C a s h ........................ .....................
394,578
38,061
Btuinpage n o te s ....... .
11,389
12,064
Bills receivable.................... ...........
,
151,550
182,50 4
Dne from individuals, A c ------- . . . .
85,047
Materials and fuel on h a n d .........
03,219
186,219
192,399
A ccou n t- r e c e iv a b le .,..... ............
400,780
Band and tow n lo t contracts . . . . .
4,071
M iscellaneous...................... .............
—

59,924
def.98,509
1805.
$
12,885,223
1,6 11,223
279,825
359,899
12,133
189,254
55,584
180,890

Total disbursem ents.
Surplus................................

411,254
53,557

384,693
110,765

385,122
79,134

399,148
129,426

• Not Including com pany's freight.
0E.K3KK.At, BAUNCB SHEET .IBSB 30.
1897.
1896.
1895.
1894.
Asset*—
$
$
$
$
C onstruction......... 6,335,898
0,323,747 6,302,130 6,273,147
Equipm ent............. 2.491,178
2,478,«60 2,555,605 2,563,088
Material on hand.
10,742
32,942
33,200
45,177
Cash on hand.......
60,202
130,219
113,243
190,476
D us from agencies, etc.. 114,285
129,928
180,766
250,997
Bills re .Uvalde....
47,700
47,000
47,000
72,045
......................................... 5*2,645169.842 243,135
171,517
Bonds and stork* ow ned.*2,332,907 3,617,007 3,644,356 2,362,356
H. 1. Nicholas A O o ................................................
*
221,909
221,969
A ccounts In su sp en se.... 1,547,067 400,853
129,414
107,865

15,374,778 15,429,568 15,322,030
Total ......................... 12,992,623 13,339,398 13,479,880 12,264,638
Liabilities—
Liabilities—
9,153.331
9,453,088
Stock and scrip (see SuiTi.EVENte* 9,452,893
■Q Q H ,
3,710.000 Capital s to ck .................... 5JU 5,260 5,280.683 5,280.683 3,996,683
Bond* (sec ScrrtEMKSTl....... ........ 3,710.000
3,710,000
182*215 i Funded d eb t...................... 5,978.000 5,978,000 5,978,000 5,895,000
Taxes, pay-rolls, Ac. Tor*t. itabii’sl
179,204
328.664
129,732
131,202
132,442
128,979
« o ’ T«7 i Bond in terest.................
00.467
Coupon interest accrued, not due.
60,407
5,188
5,774
1,701
5,188
121,703 ' Unclaimed d iv id en d s...
134,131
127,793
33,132
15. A I. HR. C o. . . . . . . . . . .
578,887
.
579,32:.
579,160
Loans and bills payable.
450
650
JLand and -tunip.'w* incom e
103,790
108,400
121,754
155,327
690,776 Pay-rolls and vou ch ers.
600,778
690,776
pended prior to July 1,1888.
132,050
86.052
368,218
214,122
359,899 Equipment notes not due.
438,847
Defer*d land and stamp, in com e...
394,578
M isceih tn cocs........ ..........................
83,707 Incom e a ccou n t............... 1,520 044 1,711,311 1.760,594 1,681,461
7,408
50,042
Hal. t o ora l. land end -ram p, ine’e
80,956
15.278
T otal............................. 12,902,023 13,330,308 13,419,88012,264,638
121,727
119,752
Balance railroad in com e.......
T ota l.................................. .

- V . 65, p, 725.

.15,374,778

15,429,588

-r e Haute Railroad.
Evansville &
( Report f o r the gear ending June SO, 1397,)
President H, C. Barlow says in p a rt:
General Results.—Hba grow income o f your company shows
» decrease as compared with last year of |l 17,279, or lO'Sl per
cent. While the movement of coal has been somewhat larger
than last year
61 against 311,308 tons], the low rate <-t
freight, made necessary to meet the competition from other
fields, has worked a reduction in the earnings per ton. The
strike of the miner* in Sullivan County fields, and the de­
struction by m ob violence of one o f the largest mined on the
road, prevented the production from reaching probably the
greatest tonnage in the history of the road. The winterwheat crop, which promised fair early in the season, proved
an almost total failure. The loss in tonnage of agricultural
products, tut compared with the year 1898, aggregates 42,000
ton* j in lumber, 80,0 i0 ton s; in iron, 29*006 tons. The
mo vein-nt of other commodities compares quite well.
From March 4th to 25th this section experienced the moat
dis.i-tron* storm in its history, causing severe damage to
your property and loss o f revenue, owing to suspension of
train service for a number of days. With the exception,
however, o f the break at White River, which is now Being
repaired, the road is at p re s e n t in m good physical condition
as a year ago, and entirely free o f floating debt.

* Includes Brans. Belt Ry. stock, $95,080: E, A I. R R . stock, $2,000,000; W. Jack. Hill Co., A c., stock, $134,950; L. K. & St. L. 4 per cen t
general mortgage bonds, $80,750; other, $15,550.—V. 65, p. OSS.

Grand Trunk Railway o f Canada.
( Statem-nt fo r half-year ending June SO, 1897.)
President Sir Charles Rivers Wilson says in part:
Truffle, Th**re were cirried during 7he hal -year 2,94$,309
passengers, a decrease of 39 i.’ -tfi. The average fare received
per passenger was 3s, 3d., against 2s. lid The volume of
freight and live stock carried am runted to 4.019, s78 tons,
against 4,t 61,925 tons in 1896, a decrease of 13,017 tons, or 0*3
per cent; but the average receipt per tm per mile was 0*66
of a cent, an improvement of 0 03 of a cent.
Capital Account —Tne total charges to capital account
amounted to £ 159,948, of which £81,375 was for discount and
commission on £45 i,00 I 4 per cent debenture st ick issued
during the half year. The expenditure on capital account,
less credits, amounted to £75,573.
Proponed New Loan.—The directors introduced into the
D iminion Parliament during th past session a carefully-conddeied b ill,’which received the royal assent in May last. A t
the ensuing general meeting a resolution will be proposed to
authorize the additional borrowing powers conferred by the
act to be exercised at the discretion of the board.
New Bridges Oner St. Lawre tee River. Arrangements
have I'een made for the construction of an open double track
railway bridge in substitute in for the single cracs Victoria
tubular bridge across the St. L twrence River at Montreal,

THE

77 B

which is inadequate for the heavy traffic now p assing over
it. The work will, it is expected, be completed in the au­
tumn of next year. The Dominion Parliament has voted a
gnbsidv to an amount not exceeding $300,0 0 and the Quebec
Government has agreed to contribute an amount of $ *50,"00
towards the cost of this important str ictnre, which will be
known as the Victoria Jubilee Bridge. The doable track
steel arch bridge previously reported as being in course of
construction across the Niagara River, in pla :e of the single
track sus sen ion bridge, has recently been completed and is
now open for ' raffle.
Earninqs.—The earnings, etc., compare as follows:
1897.

1896.

1895.

Gross earnings................... ..................1,722,491 1,707,540 1,653,092
Operating expenses............................... 1,162,568 1.218,245 1,171,072
S e t earn in g s................- .................
Per cent o f expenses to earnings.......
Other in com e.................................... . . .

559,923
(67*49)
94.472

489,295
(71*54)
90,177

482,020
(70*84)
37,903

Total net incom e............... ...........
Deduct—

654,395

579,472

569,92 i

B e n ts, lea sed lin o s ......... .........................

7 3 ,1 7 5

Tnt. on deb., stocks and bonds o f c o ..
do
do
lines c o n ..
Interest on .Mich. Air Line bon ds.......
Ohio. A Grand Trunk coup, p u r e h ....
*
Advs. to Det. G. H. & Mil. for int.......

418,216
82,387
7,7-50
50,074
20,035

73,175
411.191
82,697
7.750
54,666
32,055

73.175
402,358
82,724
7,750
67,808
30,191

651,687
661,534
664,006
T o ta l...................................................
Balanoe for half-year............................. sur.2,708 def.82,062 def.94,083
—V. 64, p. 952.

Wisconsin Central Lines.
(R eport o f Receivers fo r the year ending June SO, 1897.)
The report of the receivers is entirely statistical and em­
braces, with much other information, the following tables, etc.
Earnings o f Separate Ctmoanies.—In the following state­
ment are shown separately the earnings, expenses and charges
of the Company and of the Railroad Company for the last
two fiscal years:
— Wis. Central C o .s
TFis. Cent. RR. C o .s
1896-97. 1895-96.
1896-97. 1895-96.
$
$
$
$
Gross earnings................... 2,089,724 2.291,080 2,090,247 2,108,430
Operating expenses.......... 1,498,717 1,620,478 1,275,478 1,387,839
Other incom e.......................
Total net incom e..............

Int., exchange and diso’t . .

rvoi.

OHRON KILE.

591,007
62,175

670,602
326,503

814,769

720,591

653,182
197.700
75,529
637,495
2,667

997,105
236,70 3
71,201
704,635

814,769
88,100
84,681
474,987
5,400

720,591
253,513
79,152
464,730
2,060

Total charges................... 913,391 1,012,536
653,168
799.455
alance........................... .def.260,209 def. 15,431 sr.161,601 def.78,864

Earnings o f System. -The following show3 the results on
entire system, omitting interest that fell due but was not paid *
.
E ntikb L ine .
1896-97. 1895-96. 1894-95.
E arnings—
$
$
$
Freight......................................................... 3,033,732 3,195,616 2,905,953
Passengers................................................. 896,895
952,262
959,421
M a il..............................................................
92,218
91,636
87,351
E xpress....................................................... 104,000
103,999
103,999
M iscellaneou s...........................................
53,106
55.997
33,819
Total............................... .....................4,179,971 4,399,510 4,090,543
Earnings per m ile o f r o a d ....................
4,460
4,921
4,592
Expenses—
M aintenanceof w ay and structures___ 563,320
620,244
Maintenance equ ipm ent..................
387,700
338,378
Conducting transpo ta tio n ................... 1,437,111
1,448.946
General expenses..................................... 386,064
379,859
Total......................................................2,774,196
Expenses p er mile o f roa d ....... ...........
2,960
P ercen t of expenses to earnings......... 66*37
Balance, net earnings..............................1,405,775
Other incom e...................
62,175
Total net incom e................................ 1,467,950 1,715,637 1,309,605
Deduct—
Taxes accru ed.............................
160,210
150,353
156,923
Rentals:
C. & N. P. and Chicago Ceut-ral___*. 180,586
182,468
156,573
C. W. & M ..................
312,735
367,204
349,777
M. & L. W.......... .................................... 161,428
191,253
176,108
Pack. A M ontell...................................
5,040
5,010
5,040
M anitowoc L in e....................................
56,452
C. M. & St. P a o l.............
84,461
90,723
'68,961
St. Paul & Nor. Pai* ............................
21,045
21,436
18,671
Great N orthern......................
46,646
46,750
44,700
Minn. Transfer Ry................................
4.430
4,L45
4,193
Central Car C o ..................................... 239,600
260,346
251.283
Interest payable by receivers.............. 285.800
490,212
226,011
M iscellaneous....................
8,067
2,060
2 838
Total charges against incom e____1,566,560 1,811,990 1,401,408
1,811,990
Deficit under charges paid....................
98,610
96.353
151,803
96,333
N ote .—Since April, 1897, the rentals paid the Chicago Wisconsin &
M innesota R 1 „ Milwaukee & Lake Winnebago KB. and Central Car
oo. have been based on the net earniugs o f each property—this fact
accounts fo r the redu tiou in rentals shown above. See V. 04, p. 903.

Defaults.—The t rtal interest accrued from Sept, 27.
when the receivership began, to June 3 ), 1897, was $4,872,894, of which $1,197,330 was paid by the receivers and $1,0( 3,.
670 was met with income from collateral trust securities,
leaving duo ami unpaid June 31, 1897, §3,575,063. The
interest due add unpaid increased duringthe year $373,\' 2 ,
as follows: Wisconsin Central company 1st 5s, $563 1 7 5 Wisconsin & Minnesota 1st 7s, $13,350; Chippewa Falls &
Western 1st 7s. $5,250; Minnesota St. Croix & Wisconsin 1st
6s, $5,100; Wise main Central R R. 1st series 5s, $110,012; do
improvement debenture bonds, $66,oO > Wisconsin Central
;
R.R. & Co. joint improvement bonds, $94,925, total, $873,112.

lxv,

Traffic.—The following table shows various important facts*
regarding the company’s traffic for the year ending June 30,
1897, 1896 and 1895 and also 1892.
1896-97.
1895-96.
1894-95.
Miles operated..........
934
891
891
Total tons c a rrie d ... 2,561,990
2,882,275
2,503.120
Of which iron o r e ...
871,676
1,224,375
976,960
Forest p ro d u c ts...
527,557
585,416
548,623
Tee...........................
298,811
231,523
2*6,651
Tons carried 1 m ile.. 347,666,177 358,503,630 295,419,847
A v’go earnings per
ton per mile Cents.
0-873
0-891
0*975
A v. tons per train m.
201
193
168
Av.ear. per train m ..
$1 64
$1 72
$1 77
No. o f pass, carried..
840,422
780,630
825,515
A v . dist.cai r’d.m*7es.
48-85
47-96
47-36
Av. earn, per pass,
per m ile ..Cents..
2-22
2-22
2-27
do train m. Gents.
72-40
65-03
6966
- V . 65, p. 736.

1891-92.
2,889.115
1,039,221
638.647
203,774
0*868

Alabama Great Southern Railroad.
(R eport fo r the year ■nding June 30, 1897.)
President Samuel Spencer says in part:
Financial Condition.—There has been no change during
the year in the amount of capital stock or funded debt out­
standing; the company has no floating debt. All of the car
trust notes, amounting to §46,565 on June 3°, 1896, have been
paid during the year. The charges to capital account have
amounted to $29,884, representing the cost of applying air­
brakes to 325 freight cars and automatic couplers to 363
freight cars. The value o f all equipment retired or con­
demned during the year has been charged to operating ex­
penses and credit* d to the reserve fund for the replacement
of rolling stock and the cost of all new equipment acquired
has been paid in cash and charged against the replacement of
rolling stock fund.
General Business.—The continued depression in the busi­
ness of the country generally was reflected in the earnings of
the company during the past year even more than during the
year previous. The reduction in earnings from freight and.
passenger traffic was $80,911, or 5*65 per cent. However, an
increase of $54,857 in earnings from car mileage and miscel­
laneous sources, coupled with economies in operating ex­
penses, enabled the company to increase its net earnings
slightly as compared with the previous year. This result was
attained without allowing the property to depreciate. In
fact the general physical condition of the property shows an
improvement over that of the previous year.
Traffic, etc.—The General Manager's report says in p a r t:
The number o l tons m oved one m ile decreased 12,875.666.
or 7*8 per cent, bu t the average revenue per ton p er m ile was 0*67 o f
a cent, as com pared with 0*64 o f a cent in the p reviou s year. N otw ith­
standing the considerable decrease in the volum e o f freight traffic the
average number o f tons o f freight hauled per train was nearly as large
in 1897 as in 1896, nam ely, 245*93, against 247*42 The num ber of
passengers carried one mile decreased 3, 25,899, or 19*8 per cent.
The average rate per passenger per mile was 2*55 cents, as oompared
with 2*29 cents in the p revious year, an increase o f 11*35 per cent
Physical Condition.— 495*49 tons o f new 75-lb. steel rail was laid,
releasing 4*2 m iles of 60-lb. steel, and there were purchased during
June, 1897, 2,H25 tons o f new 75 lb. steel rail, whiou w ill relay 22*25
m iles m ore The weight of rail in the m ain track owned on June 30,
1897. was as follow s ; 75-lb. rail, 4*20 miles; 60 lb. rail, 286*74 miles;
124 479 em ss-ties were placed in the track, against 192,457 in the
previous year. B y reason o f the exceptionally large number o f ties
used in tlie previous year a considerable reduction in this expense w as
practicable while still maintaining the track in good condition. 64.252
cubic yards o f slag have been placed in the track as ballast, viz: bal­
last in" track not previously ballasted, 18*14 miles of track; ballast re­
newals, 13*92 m iles. On June 30 ,189 7,14 6*64 m iles, o r 50*4 p er cent
o f the m ain line owned, was ballasted w ith slag.

Earnings, Etc.—The earnings, balance sheet, etc., of the
American company are as follows :
1896-97.
Earnings—
$
Passenger............................ . 333,444
F reigh t................................ 1,016,854
Mail, express, &o.............. 255,247

1895-96.
$
373,636
1,057,574
2 0 1,883

1894-95.
$
335,615

1893-94.
$
334.015

T ota l.......... ................... 1,605,545
Expenses—
Transportation..................., 497,245
Maintenance o f way, & c .. 240,955
Maintenance of equipm ’ t. 224,944
63,891
General................................
76,007
T a x e s...................................

1,634,093

1,528,407

1,553,782

505,754
260,547
233,081
61,691
72,140

498,587
215,159
187,013
57,447
70,400

1,060,690

T otal.............................. .1,103,042
Net e a rn in g s...................... 502,503
A dd interest received —
5,511

1,133,212
500.881
5,911

1,028,606
499,808
576

1,129,699
424,083
............

T ota l.............................. . 508,014
Deduct—
Interest and rentals.......... 280,134
17,961
.Miscellaneous ...................
Dividends on p ref. shares. 190,571

506,792

500,378

424,083

265,435
17,018
19 i,571

259,742
18,830

259,742
20,070

488,666
19,348

473,024
33,768

278,572
221,806

279,812
144,271

T ota l..............................
Surplus................................

69,000

BALANCE SHEET JUNE 30, 1897.

Cost of property..........$15,246,876
1,415,234
Investments,
98,150
Material on hand.........
91,480
Sundry accou n ts........
33,814
Agts. and conductors.
15,370
Remittances in transit
213,320
Cash...............................
83,296
Other r a ilr o a d s ..........
258,833
Arrears o f div. susp...
2,191
Bills receivable............
1,961
Loudon office...............
T ota l......................$17,460,527 |
-V . 64, p. 325.

Ordinary s h a r e s ...........$7,830,000
Pref. shares outstand’g. 3,380,350
First m ortgage b ou ds.. 1,750,000
Debentures......................
670,000
Gen. m ort. bonds outs’g. 2,556,360
Inter’st accrued n ot due
25,304
Reserve fu nds................
405,209
Cert, for arrears of d iv.
258,833
Int. < rental due July 1
fc
60.086
Vouchers and accounts.
99,521
M iscellaneous.................
59,779
Profit and lo s s ...............
365,084
T otal........................$17,460,527

October

THE

23 1897,]

CHitONiCLR

Memphis & Charleston Railroad.
( Report fo r the year ending Jane 30, 1801.)
The receivers say in snbstance:
Earnin',sand Expeme*.—'The operatingexpenses, including
taxes and rentals, were 75-37 per cent o f the gross earnings
and 65 92 per cent exclusive o f taxes and rentals. Compared
with the results of the operations daring the preceding year
the gross earnings show an increase of 0-89 per cent; and net
earning- an increase of $46,314, or 16‘24 per cent. The earnlags from passengers show a large decline ($39 873, or 10-51
per cen-) entirely in the through traffic, but the earnings
from freight increased $51,746, or 6-07 per cent. The average
rate per ton per mile of freight was 0-798' cents per mile,
as against 0*813 cents daring the preceding year.
The principal increase.- in traffic were in the articles of
grain hay, cotton, oil, pig iron, brick, cement, lime and
gravel; and the principal decreases were in dressed meats,
packing house products, C' al, coke and merchandise. The
cotton movement during the year shows an increase o f 64,1k'2
bales, or over 61 per cent. There were 171,040 bales moved.
Interest on the Bonded Debt.—The semi annual coupons
that matnred July 1, 1894, on the first and second extension
bonds, the second ’ mortgage bonds, the first mortgage Tenessee division bonds, and the consolidated mortgage bonds,
were paid by order of the Court on Jan. 3, 1897 The re­
ceivers also paid 2,484 coupons of these mortgage bonds that
matured ,Jao. 1. 1895. The total amount so paid with interest thereon was $282,072. The interest on the company’s
bonded debt due and unpaid July 1, 1897, was $1,163,135.
Equipment.—At the cloee of the year the company had 39
locomotives. 41 passenger car-* and 1,157 freight cars. The
locomotives are very old and too light for economical service.
This is also true of a large proportion of the freight car
equipment, only 200 box cars having a capacity of 60,000
pouuda each. If the company owned modern equipment
adequate to its requirements, ita gross earnings could be
largely increased and the perceentage o f operating expenses
could be materially reduced.
JSemmree* and Liabilities —On July 1, 1897, the receivers’
resources exceeded the current liabilities by $55,781. The
liabilities do not include the interest on the bonded debt of
the company due and unpaid, and the receivers* car trust
notes outstanding.
Car Trust Notes. —Twelve of the receivers’ car trust notes,
aggregating $24,-197. have been paid during the year. There
were outstanding June 30, 1397, forty notes of $2,»89 each,
aggregating $si 596.
I ’iotsk'd Condition. -The roadway, track, bridges and
structures have been kept in good repair. No improvement*
or betterments have been made during the year.
Statistic*.—Operations, earnings and expenses were:
1893-1,
.1805-6.
1894-5.
180-6*7.
290.114
298.840
299,039
■J72.08S
£M a«neuf*«wrric»l - 14.983.204 1 1,801,831
P&ma,. e iifflM 1 ittllrt, 1-1*117.657 16,665.511
2-45 <iU.
2*34 tit*.
2 '*28 Pt#.
2 GO elt*.
B ate p*?r
p- m.
473,042
505,315
035,702
600,988
T oil- fresa-Sit <arts. •!,
Tmm tml&tit t-mv 1 iii.il 3,185,505 104,801,726 88,275.262 100,253,337
0 797 «ta.
0*847 ete.
0*819 Ct».
Ra te jMsr D*« p**r m,.
0-708 cl#$
Earning**—
-f
$
* . „
851.932
790,218
747,718
003,670
Fr»-Uht............ .........
303,486
339,829
P m m n m r ... ___...
339,528
379,400
112,113
117,205
114,727
Mlsi?eiiisE©iWte.
117,305
T otal...... .............
1,360,00-3
Operating E xpen sed
C^naduet'g irifu^p't’ n
3*.a,T30
257.952
M otif* p«w*-r.........
Maintoimnt;# o f eara
81.413
117,-150
MaitttMiaace o f w ay
QoRctral ©X|*0fi&e»*.,
119.834
02.414
T iim s .........................

1,348,537

1,202,272

1,274,817

358,876
258,722
88*708
1 5 1 ,8 ®
141,723
09.450

347,008
260.871
73.977
187.516
109,351
45,IKK)

373,244
271,024
75,413
376.296
125,579
50,000

Total...................
Not
P,p.
ex p . tooiirfis

1,060,256
288,281
78*62

1,019,724
172,548
85*65

1,071,556
203,261
84-05

—V 63. p. (J20.
.

1,025,505
330.097
75-37

Pullman’ s Palace Car.
( Report fo r year ending July 3 1 ,1807.)
President Pullman said in part :
fin e Contract*,—During the fiscal year contracts have been
mad*- continuing the operation o f this company's cars upon
the Louisville & Nashville, th« Northern Pacific, the Nor­
folk & "Western, the Kansas City Memphis & Birmingham
and the Yazoo 8c Mississippi Valley railroads. New con­
tracts have been made with the Kansas City Pit tabu re &
tic*

-

Co. and the Texas Midland RK. The total mileage ot railwars covered by contracts for operations of cars is 121,236,
Car* -There have been built during the year for the nsa
of the company 15 cars, costing $2 6 s,s3 9 . The number of
cars owned and controlled is 2,428, o f which 3,103 are stand­
ard and 325 tourist or second class cars.
Pmieuqsnt Carried. —The number of passengers parried
daring the year was 4,851.398, and the number of miles run
was
V.i,75H, n decrease compared with the previous year
.
of about 5 par cent in tie number • passengers carried,
<
wbt: the number of miles run i practically the same.
Man.'ifoeturr t Product,—The value of the manufactured
product of the car works of the company was $1,205,252, and
of otte r industries, including rentals. $176,366, making a total
- $7,71
18 f ■ th< previous year.
;
Statmtir.*, —The comparative statistics compiled for the
C k r o k k l k s h o w th e f o l l o w i n g :

<77
IN C O M E A C C O U N T ,

1896-97.
Revenue$
Earnings ot oars.............. 7,743,344
Patent, royalties, marni, factaring prottt3, ren­
tals, interest, &o........... 1,231,544

1895-90.

1894-95,

1893-94.

8,162,460

7,452,853

8,761,935

1,081,923

1,094,772

833,132

Total revenue............ 8,974,888 9,244,383 8,547,625 9,5 95,0 67
D is b u r s e m e n t s ; Operating ex pen ses....... 3,511,869 3,730,079 3,511,030 3,497,298
746,204
847,897
S97.352
! P 'llotliersleep ca ra ss’ns. 812,169
Other expen ses.............................
138,998
Dividends on capital st'k. 2,880,000 2,880,000 2,880,000 2,880,000
T otal disbursem ents. 7,204,038 7,596,974 7,137,234 7,274,650
Net su rplus........................ 1,770,850 1,647,409 1,410,391 2,320,417
BACAXCE SHEET JOLT 31.

I

1897.
A ssets—

$

1896.
$

1895.

1894.

$

$

Cars and equipm ent, in­
cluding franchises------22,033,087 23,779,145 24,187,548 24,248,793
Invest's in oth. car as'ns.
ciratroli’d and operated 3,662,645 3,672,835 3,937,368 5,273,331
Invest'ta (It Pullman. Ac... 8,104,518 8,103,079 7,988,473 7,500,414
Patents, tl.S.ftnd foreign.
114.082
112.327
110,537
108,864
Furniture and fixtures...
114,658
114,370
113,938
113,606
Real ' State, car works.
] 4 c . Chicago. 8t. lands,
Wllminfit'u, Detroit. .Sc. 1,798.561 1,797,555 1,796,587 1,796,620
Stocks and bonds owned. 9,478,724 8.727,871 6,799,300 7,242,195
C on stru cfn material and
i oper. auppUcs.hicl.uars
I In process o f eonstr’t’ n. 3,191,188 3.884.463 3,701,742 3,672,063
Cash and loan s..................12,582,625 9.080,098 6.883.065 1,313,573
Balance ot a ccoun ts,....... 1,817.871 3,648,119 7,274,460 10,773,148
Total assets..............413,502,959 62,919,838 62,792,958 62,042,606
L ia b ilit ie s —

Capital s lo c k .................... 36,000,000 36,000,000 36,000,000 36.000,000
Surplus (less written off
dur-gyear,$1,187,7301*27,502,958 26,919,838 26,792,958 26,042,606
Total liabilities.........63,502.959 62,919,838 62,792,958 62,042,606
* E m braced In the follow in g accounts: C ontingency reserve $1,155,310; depreciation account $1,100,000; incom e accoun t $25,247,648.—
V. 65, p. 727.

GEN ER AL

IN V E S T M E N T

NEWS.

Reorganization*. Etc.—Latest Data as to Defaults, Reor­
ganization Plans, Payment o f Overdue Coup ms,, Etc.—A ll
fa c t s o f th is nature a p p e a r in g since th e p u b li a t io a of t h e last
issu es o f th e I n v e s t o r s ' a n a th e S t r e e t R a i l w a y S u p p l e ­
m e n ts m a y b e r e a d ily fo u n d b y m e a n s o f th e f o l l o w i n g in d e x .
T h is in d e x d o e s not in c lu d e m a t t e r in t o -d a y 's C h r o n i c l e ,
■ R a i l r o a d s & M is c e l .G o ’ s (O o n .)
K u u to .sn s Atm M tscxfc. Co.’s.
Tot mne 65—
Page.
Volume 65.
Page.
! Norfolk t Western.Iff dim on pref. 729
American Pub. CortHX- •. .rf<?pr.28R,
Do
do
comm dt as. 23it I North a Pitel tic.... Terminal status. 472
152
Ateh. Top. M . F.ini.on a<Jjmtru*t», 4 # ! Oedens Jc Lake Champ... ...coupon.158
Ball, k
2M |Ohio Southern... ...... fanciomrc. < 8
Nov. 6, J
Da c
ptfMaiO.Sde/J8SS6, ltO, *10 j Oregon Iinproveiu't,. saledecrees. 3235
Do
Do
fareel
Do Pitt*. & Con. con sol?., com. ' f
Do
depmts; 2dimtaU28, 463
T «»
>
Do
. m*it 515
Do
ream.412;
Do Com. Ohio
.... .. 6uup. HO Oregon HR. & Navi«.modified plan. 464
.dtv. on
Brunswick iki,. .. plan 326; a**..*?, i lo ore. 8hort Line,.Inf. on A inc. pref. 162
308, 412
Do
. . . . . .Wm« for drp.B70,. 610 Penn.
Central o f tla. By ..mt.on. inc. 8S7, 410 Peoria Midland...-...... .......... Com. 153
D. & Ev. EvansJ)iv.fon. 195, 413
Central PneBlo. .eztcti-*imi of 1it M. 110
Do Do
.... .deposits. 328, 411
Do
..... .nppm n m .. 402
ttM m
Bo
Do 1st M. mm. phm. 621,
Do
siock'hcildtr$t
72-<
685, 720
00
... .can, gold 6s, 198® m:> Phiiii. Newtown & N. Y ,.,.default. 685
Central V**rmont,r#>r0.; pi-in.515, 728 Rich, N, I, & ICujriTf price.236; sold. 729
.
Chicago Sfii. A 81. Paul, .extra dip. -i(52 Roanoke Nay. & Water P...... rale. 729
!e.H2, 158
Cinciii nas i Jack, A Maek...... retwv. d-p 802mnit Branch EH.... ....1 assess. 364
o
Do
pavmmt of
Cincinnati N. O. & Tax. I1..__ ml*. 565 Tncomn Gas& BUic.recvr.appVdfor. 468
Col. MId. fair. IH. K ; «4dL4« 2, BId,
‘3&
6380, 78* Terre H. A Logans..s«fe.l52j coups. 366
....coupon, 232
Do
Busk Tunnel, com. 887' !' Traverso City... .
625
Do
iuMfnljif wutmJBS7» *20 : Union .Pacllic. .....sale Nov. 1 to 7. 194
Do . . ............. ........coupons.
Columbus A On. Midland . coup. 610
Do ------- * .. foreeLlQB; status. 486
CoItunb. A H C. A t.fth chancerfcvr, * 7
47 Do colI. tr. 6s.nart vau'tof prin.
Colam. H. V. & Tol..... deposit*. 151, 8* 7
232,518, 885
Do
Do
port pay. coup*. 113
Do st
und.prn.27f ; 2d
Consol. Elevated or SI. L . .new co. 726 i Onion 1 in.Denver & Gulf in.623, 736
PaCr
com.
Cnsroerl'd & o . Norths Dtv. .fared. 327 I U. P. Lincoln & Colorado deposits. 573
413
Cnylcr & Woodbarn .,. ......... fold. 671 I Oni«c I States Car Co
k
.. .recurs. 419
Delaware'Riv, & LftH
C«*S4^if.., .&M. old 1Wheel. & Lvke Erie.L.ITDtv.bonds -410
Duluth Gas 4 Water............fon d . 728
Do
Do
stock, com. 518, 673
Edison IIIurn. of 1st. T. .wkL—
*
reorg, 571
Do
Do
stockhold<cs’ plan. 622
Emmittstmrg B it,.-, . ........mU. B S
10
Do
Do Lake
Easit&bloGas {N. YV). .. .deposit* 4*2 Wi^jon. Cent...imp.Erie DLv. coup. 622
bonds com.516, 022
Do
plan of cm
%*o>A62t 021
St r e e t R a i l w a y s ,
international Developin'!.•..rmro. 367
KansasCeot-rai......... . . . ~rtnr% 571
Volume 65™ .
Page.
K i& M«*»p * BlT-.fwf.oa fwpwhs. 367
%
K. C- Pitts. & Gillf -,, ,J»f. Mt cmip. M \Consol. St. By.. Or Rapids., coup. 020
S' Columbia & Md.{BiiltO ) ......r a m
K.P.W
atkUl* k a. UK., t mm.327. 7-it i EfiglowHI A Chic. BleedGbg0,)*#M, 367
728
J B ,W a t k in s 1 / d M . r o . l
r t o r g . 671
Do.
Kentucky A lod. Bridge -------mum *120 ; Galveston City do........rcorg. plan. 728
By................recur. 72S
l.ttnaister & MnimJcsn........... .sold. 412 !
Lincoln Wafer L.& P.,r«-T.,—
mtA. 721* j hidbinap. Anderson & M......rmrr. 412
I Liu.... St. By. (NebA.pU accept. 412
m
..
Madison Sa.t*ardnmv«or-i/..105; *l*p. o**o i Lock Haven Traci ion,rectnr. e-20, 085
Memphis k Cliarieston ... ...mnp. tBO 1Madison City By.. .. ....... .m k , 7,20
M&X. NC By. Ltd.. prarllip on.
50* SPn*M\ma k Mu W iton Eiec./orect' 729
M!9qs & S o t i f c l s e r a 739 1Saginaw Con. St. Uy...ttme f«r dep. 672
’ 4,-.ring'd (DU Con. By to scaleint. 730
N. V.& f ast Mr.iint.jd-tt,
462. m MeKcesp. Dmpi. & VW. 8t.liy.soid. 828

A m o ii-an Grocery € o .—Receiver Applied For. - Samuel
U •lUnd, on boil iif of Edgar F. Ditnuiug and other stockholders, on Tuesday- uw*!) ap{>Uc.atioti to ‘ -muo u'or McOrill,
at Jersey City, for a receiver. - V . < > p. 360.
T,
B a l t i m o r e & Ohio R R .— Deposits o f §onds Aslted.— T h e
receivers not having" provided for the payment o f the
coupons o f t.h-. Philadelphia branch
per cent, sterlings
bunds (Hie Iri.su. due Oct. I, Brown, Shipley & Op., Founders’
Court. Lothbary, London, E, C., give notice that, if is their
intemion to take*
steps for the proGeotioa o£ the
hood holders’ interests. Holders are requested to deposit
their bonds with the firm without delay. Negotiable certifi­
cates will be issued in exchange.—V. 85, p. 819.

778

THE

CH R O N IC LE ,

Bay State Gas. —Stock Increased to $50,000 000.—The New
York Stock Exchange was notified this week of the increase
in the company’s capital stock from $35,000,' 0J to $50,OOJ,ObO.
—V. 65, p.
Central Ohio RR.—Baltim ore & Ohio HR.—Status—
Hece sity for Modification o f Leas-.—A t the Cent. Ohio meet­
ing at Columbus, O., Oct. 15, the report of the special commit­
tee appointed to examine the report of the President and direc­
tors was submitted. Both a majority and a minority report
w e r e read; the latter expressing the opinion that the Cent. Ohio
is receiving fair treatment from the B. & O and recommend­
ing that before taking action to sever existing relations the
opinion of an expert should be secured. A resolution that
both reports be laid on the table and that the report of the
directors at the annual meeting be approved was then adopted
by a stock vote of 32.061 to 14,754, the Baltimore & Ohio
and Garrett stock, as well as the directors voting with the
majority, and Messrs. Willis, Fahnestock and Black, ,,f Bal­
timore, casting the minority v >te against the resolution.
The maj >rity repirt, signed by Harry Fahnestock, (ohu
Black and J. G. Harvey, all of Baltimore, concludes thus:
< in view o f the increasing pretended debt o f our railroad to the
•
reoeivors of th ■ Baltimore & Ohio under their m anagement thereof,
the remote possibility o f any returns to the stockholders o f our c om ­
pany so long as our road eontiuues under the management o f said
receivers, the dangers resulting upon a failure to meet the interest
oharges upon our bonded debt prom ptly when due, coupled with the
fa ct that those iu control o f the lessee road assure us tuat sooner or
litter our stockholders will be com pelled to assent to some modification
of trie terms o f the present lease, and the uncertainty as to when the
resent ruinous management o f our property by the receivers o f the
altbnore & Ohio will com e to an end unless aggressive action be
takeu by our com pany, we recom m end that some com petent, impartial
and disinterested expert should be em ployed to make a careful exam i­
nation into tue physical condition o f your road, its relation to other
roads and systems and the possibility o f making some advantageous
and profitable connection or arrangement with them, whether by lease
or otherwise, as also to furnish an estimate o f the cost o f thoroughly
equipping your road with a view to its operation by the stockholders
as an independent road.—V. 65, p. 410.

S

Central Pacific RR.—Majority o f Firsts Deposited—Speyer
& Co. announce that a large majority of the first mortgage
bonds has been deposited, Application has been made to
list the certificates of deposit on the New York Stock Ex­
change.—V. 65, p. 728.

Chicago Junction Railways & Union Stock Yards.—

Change o f Fiscal Year and Annual Meeting.—Tne date of the
annnal mee ing has been changed from November to Febru­
ary. Formerly the fiscal year of the company e ded June
SO and that of the Union Stock Yards & Transit Co. (con­
trolled) Dec. 31, but the fiscal year of both companies will
henceforth end Dec. 31, the annual meeting to be held on the
second Tnursday in February. The next annual meeting,
therefore, will be held Feb. 18, 1898.—V. 65, p 411.
Chicago Milwaukee < St. Paul Ry.—Lost Opportunity to
&
Convert Bunds.—Holders of the $766,000 Prairie du Chien 7'3
per cent bonds maturing Feb. 1. 1898, are reminded that
their last opportunity for converting said bonds into pre­
ferred stock at par will be during the ten days ending Oct31,1897. Y. 65, p.462.
Chicago & West Michigan R y.—Chicago & North Michi­
gan Coupons —As the net earnings of the road will not ad­
mit of the payment of the full amount of the. coupons due
Nov. 1st next of the Chicago & North Michigan RR. 5 per
cent bonds, the directors have voted that tne Treasurer pay
one-half the amount in cash and the other half in ten-year
coup m scrip of the sami form and on the same basis as that
heretofore issued.—Y. 64, p. 948.
Hutchinson (Kansas) Water, lig h t & Power Co.—Reor­
ganization PI n. —An amendment to the plan of reorganiza­
tion, dated May 31, 1897, may be obtained at the office of the
reorganization committee, No. 925 Chestnut Street, Phila­
delphia or from George P. Kimball, Registration Officer,
Fidelity Insurance, Trust & Safe Deposit Co., 329 Chestnut
street, Philadelphia. Oojections to the amendment must be
filed on or before Nov. 15, 1897.
Joint Traffic Association—Laclede Gas.—Cases Post­
poned.—At Washington, Oct. 15, Chief Justice Fuller an­
nounced that the Joint Traffic Association and Laclede Gas­
light cases, both originally set for this month, hid been as
sinned by the Court for argument on the first Monday in Jan­
uary. Justice Field’s retirement leaves the Bench with only
eight members, and in view of the important Constitutional
questions involved it is desired that both cases should be
heard by a full bench.—V. 64, p. 955, 134.
Manhattan RR.—Hendricks Case Dismissed.—The com­
plaint ot Mortimer Hendiicks against the company, alleging
that its directors had unlawfully paid dividends that had not
been earned, was dismissed by the Railroad Commission on
Monday on a report of Commissioner Baker, who made a per­
sona] examination of the affairs of the company, at d stated
that the amounts charged to cost of road and. equipment were
not a part of the operating expense of the company, but were
charged properly to the construction and equipment ac
^ count.—V. 65, p. 325.
Northern & Western Government Ry.—Completed.—This
is stated to be the correct name of the Newfoundland Road,
referred to last week (p. 729) as completed across the island
of Newfoundland.—Y. 65, p. 7i9.
Pennsylvania Heat, Light & Power .—Annual Meeting.—
At the second annual meeting, which was held on Wednes­
day, the report for the year ended June 30, it is stated,

rv L lxv.
o.

showed a surplus (after paying 6 per cent on the amount
paid in and 2 per cent on both preferred and common stock),
o f $151,891, against asurplus lastyear of $146,691. Operating
expenses decreased for the year $35,3u9, while busi iess shows
an increase of $49,309. An increase also of 15% per cent is
reported in the amount spent for extensions and improve­
ments.—V. 63. p. 793.
People’s Gas Light & Coke.—Universal Gas.—Mutual
Gas.—Chicago Universal Gas.— Nigatiations to Purchase.—
Reports, apparently well-founded, are to the effect that nego­
tiations for the purchase of the Universal and M u 'm lG a s
properties have been resumed by the People’s Gas Light &
Coke Co and are likely to be successful.—V. 65, p. 727, 729:
P eoria Decatur & Evansville Ry.—M jority o f Firsts De­
posited.—The Brown Reorganization Committee announces
that holders of a majority of the first mortgage bonds of each
division have assented to the reorganization plan of October
1st, 1897, and have deposited their bonds. Application will
be made at once to have the Central Trust Co. certificates
listed upon the Srook Exchange.
iVeio Officers.—At a recent meeting o f the directors the
following officers were elected: President. Robert S. And-rson; Vice-President, John H. Prall; Secretary, W. J. Lewis.
A t the annual meeting, Oct. 5, the following were elected
directors to fill vacancies: Stephen H. Curry. John J. Moore,
Robert S. Anderson and Herbert H. Drake.—V. 65, p. 729.
Pullm an’s Palace Car.— Death o f President—President
Pullman died suddenly on Tuesday of heait disease. His
last statement regarding the company’s affairs will be found
under the heading “ Annnal Reports.”— Y. 65, p. 727.

Richmond Nicholasville Irvine & Beattyville RR.—Bends
Wiped Our.—Colonel Bennett H. Young has written to the
C h r o n i c l e the following:
“ There weie outstanding against this property $123,006 of
receiver's certificates, and in addition a coat $48 t,o o of lien
claims in behalf of contractors The upset price of the prop­
erty was fixed at $16 i,0 0. The lien claimants, almost unan­
imously, combined to buy the property. It was bought at
$301,000. The old first mortgage bondholders are not allowed
anything, took no part in the reorganization, and wi 1 not
receive any benefit therefrom.” —Y. 65, p. 729.
Rio Grande Western Ry.—Cash Dividends Resumed.—The
following official circular has been sent out under date of
Oct. 16, H-97:
To 'he Preferred Stoclcholders:

Tfie Auditor’s figures (Septem ber closely estimated) fo r the first
quarter show:
Gross earuings....................................................................................... $889,636
Net earnings.......................................................................................... 350,100
Surplus, above all ch arges................................................................. 167,618
As here shown, the results o f the current fiscal year to date have
been exceptionally good, and the outlook for the future is prom ising.
The surplus above all charges earned from July 1st to d tie will e x ­
ceed 3 per cent upon the preferred stock. As the adjustments made
through the profit and loss account by the charges at tue end o f the
year have placed the com pany in an excellen t position, it seems
proper and due to the large num ber o f investm ent hold trs tha the
paym ent o f cash dividends should now bo resumed. A conservative
p olicy in tbe beginning is undoubtedly wisest, and, inasmuch as the
surplus already earned is sufficient to insure tfie paym ent o f fou r
dividends of three-quarters per cent eaoh, a quarterly dividend of
three-quarters p ercen t has been declared, oayable Nov. 15 to stock­
h old ers"! record at close o f business on Oot. 3 0 ,1 8 9 7 . Checks will
be mailed to stockholders.
There seems every reason to believe that the rem aining eight and ahalf months will show further auditions to surplus iu excess o f the
arnoun necessary to pay the rem aining tw o per cent to whtoh the pre­
ferred stock w ould be entitled fo r the year.
The present view o f i h - di rectors is that, if this anticipation b e real­
ized, such rem aining profits should he divided in the form of extra
dividends o f one p er cent at the end o f each six-m onths perio i. B y
order o f the board o f directors.
W i l l i a m J. P a l m s i ,
president.
—V. 65, p. 723.

Southern Pacific R R .—Adverse Decision as to Lands.—A
disp itch from V ashington says t hat the U nited States Supreme
V
Court on Out. 18 rendered a decision against the railroad
company in its case against the United St ites, involving
about 700,060 acres of land in Southern California. The
lands were originally claimed by the Atlantic & Pacific RR.
Co., but Congress declared the lands forfeited, and there­
upon the Southern Pacific, whose grant overlapped that of
the Atlantic & Pacific, set up its claim to them. The Su­
preme Court affirms the decision of the Circuit Court so far
as concerns the railroad company, but remands to tne lower
court for decision the case of persons who nad purchased part
of the lands from the railroad company.—V. 64, p. 1136.
Tennessee Coal, Iron & R R .—Orders on Hand —V ice-Presi­
dent James Bowron is quoted as saying: “ The stocks of the
company to-day amount to 58,967 tons, and we hive 320,006
tons in our order book, so that after applying every pound
of iron in our yards towards the liquidation of our orders,
we are, at the present rate of production, sold up to the
third week in March.”—V. 64, p. 565.
Terre Haute E lectric Street Ry . —
Receiver Appointed.—
On Oct. 18 this company was placed in the hands of Judge
Joshua Jump as receiver as a result of a levy made by the
City Treasury for delinquent taxes, amounting to $5,(DO.
The company, it is stated, has been owing taxes for two
years, and has pos poned payment on the plea of hard times,
hopeful that the promised prosperity would soon enable it to
meet its obligations. In addition the city claims the com ­
pany owes over $9,000 for street improvements.—V. 63, p. 116.
tW f o r other Investment Items see page
~

Octo ber 33, 1897, J

THE CHRONIOLh

Reports and jOoaimcuts.
ST. LOUIS & SAN FRANCISCO RR. CO
FIRST ANNUAL REPORT FOR THE FISCAL YEAR
ENDED JUNE 30, 1897.
T h e a M nisil r e p o r t o f t h e b u s in e s s o f t h e S t . L o u is & S a n
F r a n c is c o R a ilr o a d C o m p a n y f o r t h e y e a r e n d e d J u n e 30,
1897, is h e r e w it h s u b m i t t e d :
O PERATED M A IN TR AC K M ILE A G E JU KE 30, 1897.
M ila s,

St. Louis, Mo..
to Seneca, M o....................................................... 326-28
Petece Ottv, Mo.,
- tV-ehlta. Kan ...................................................217-40
M onett, Mo.,
“ Faria. T e x ...................................
81U-07
Girard. K in.,
" Galena, K a n .......................................
49-68
Orouogn. Mo.,
" Jop lin . Mo .................................
9*32
Springfield. Mo.,
“ Cuudwlch. Mo.................................................. 34-86
Springfield. Mo..
- Bolivar, Mo...................................................... 38-79
Cuba Junction. Mo., “ Sale-n. Mo., and Branehee....................... . 5 1-00
Beaum ont, Kan.,
'* C.ile, Kan. ..................................................... 61-86
Fayetteville. Arte., • Sr. Paul. A rk .........................................
*
33-29
Jenson. Ark..
" Mansfield, Ark ............................................ 18-34
Ptttum ra, Kan.,
• Weir, Kan., and M ines.................................. 10-48
•
Springfield Connecting R ailw ay..........................................................
3-18
Granby, Mo.,
to Granby M i n e s .............................
1-50
T otal m ain track m ileage............................................................. 1,162-OS
S p e c ia l c a r e h a s b e e n t a k e n t o m a in t a in t h e p h y s ic a l c o n ­
d it io n o f t h e p r o p e r t y , a s w e ll a s t o im p r o v e t h e s h ip p in g
fa c i l i t i e s , b y a d d i n g n e w s i d e -t r a c k s , s t a t io n s , p l a t f o r m s , e t c .
T h ir t y (3 0 ) m i le s o f n e w 60 a n d 6 7 -p o u n d s t e e l r a ils h a v e
b e e n la id .
O n e h u n d r e d a n d s e v e n t y -fiv e (1 7 3 ) m ile s o f n e w d i t c h i n g
has been done.
N e w s w i t c h lig h t s h a v e b e e n p la c e d a t e v e r y s w i t c h u p o n
th e s y s te m d u r in g th e y e a r .
A h e w b r ic k a n d s t o n e d e p o t h a s b e e n e r e c t e d a t P e ir c e
C it y . M o ., t o t a k e t h e p l a c e o f t h e fr a m e o n e b u r n e d e a r ly
in th e y e a r .
A l l o f t h e a b o v e e x p e n d it u r e s w e r e c h a r g e d t o O p e r a tin g
E xpen ses.
F r o m f u n d s fu r n is h e d b y t h e R e o r g a n iz a t io n C o m m it t e e
o u r e q u ip m e n t h a s b e e n i m p r o v e d b y t h e a d d i t i o n o f 300
n e w c o a l c a r s , 30 r e fr i g e r a t o r c a r s a n il 100 f u r n it u r e c a rs.
E le v e n (1 1 ) m ite s o f n e w a id e t r a c k s h a v e b e e n c o n ­
s t r u c t e d t o e n a b le u s t o m o v e t r a in s m o r e e c o n o m i c a l l y .
A d iv is io n [m int h a s b e e n e s t a b lis h e d a t F o r t S m it h ,
A r k a n s a s , w h ic h e n a b le d u s t o a b a n d o n t h e o n e a t T a lih in a
a n d a t C h e s t e r , w h ic h in s u r e s a m a t e r ia l d e c r e a s e in o u r
O p e r a t in g E x p e n s e s f o r th e fu t u r e .
S e v e n t y - fiv e (7 3 ) m ile s o f r o a d h a s b e e n b a lla s t e d w it h
r o c k arid g r a v e l, o n e -t h ir d ( ) * ) o f w h ic h h a s b e e n c h a r g e d
t o O p e r a t in g E x p e n s e s .
A n e w e a t in g -h o u s e h a s b e e n c o n s t r u c t e d a t P a r is . T e x a s ,
a n d a la r g e a d d it io n m a d e t o t h e o n e a t M o n e t t d u r in g th e
year.
T h e w o r k o f e q u i p p i n g o u r l o c o m o t i v e s a n d c a r s w it h a i r ­
b r a k e s a n d c o u p l e r s t o c o m p l y w i t h t h e l a w is w e ll u n d e r
w a y . a n d w e h o p e t o c o m p le t e " t h e w o r k t h is y e a r o r e a r ly
i n 1898. W h i l e w e h a v e h a d t ills e q u ip m e n t a t t h e s h o p s
f o r t h is w o r k , w e h a v e g o n e o v e r i t t h o r o u g h l y , a n d m a d e
w h a t o t h e r r e p a ir s w e r e t h o u g h t n e c e s s a r y t o p u t t h e e q u ip ­
m e n t in fir s t-c la s s o r d e r .
A t t e n t i o n is c a l l e d t o th e im p r o v e m e n t fu n d (T a b le F ) ,
s h o w i n g t h a t o f t h e m o n e y r e c e i v e d fr o m t h e R e o r g a n iz a ­
t i o n C o m m it t e e t h e r e r e m a in e d o n J u n e 3 0 th , 1897. a n u n ­
e x p e n d e d b a l a n c e o f $301,533 93.
G e n e r a l I n c o m e A c c o u n t f o r t h e fis c a l r e a r e n d e d J u n e
3 0 th , 1897, is a s f o l l o w s :
Gross Earnings from Operation—
........................... . $5,998,336 17
O perating E xpense*.............. ................. ................. .......... 3,483,628 37
Met Earning* from Operation ..............................................$8,5o9.707 80
Add Iti.-orii From 1m erest. Dividends, etc.................. ......
7,085 90
Total N et In com e...............................................................$2,516,773 70
(Operating Evpense* 58 i:i
Ear-nine?. >
Luna—
Inter. ?! on Funded Debt . . . . . . ..............$1 ,994 ,524 00
Taxes, rental? and all other charges___
191,182 76
2,185,706 76
Surplus fo r the year........ .................................................. $
O u t e l which wit* declared a Dividend o f 2 . on the
i ’.nrf p referred S lo t* ...................................................... .
Rem aining Surplus carried to cred it o t Proltt and ho**. $

331,006 94
100,000 00
231,068 94

779

the issue by this Company of §1.500,000 5 per cent gold
bonds, secured by a first mortgage on the one hundred
twelve (119) miles o f road so acquired, hereafter to be called’
the Southwestern Division.
Indebtedness is acknowledged with pleasure to the officers
and employes for the harmony and efficiency shown in the
performance o f their duties during the year.
" D. B. ROBINSON,
President.
T A B L E A.
STATEMENT OF GROSS EARNINGS. OPERATIN G EXPENSES
AND NET EARNINGS FOR THE T E A R E <DED JUNE 30,
1S 97: ALSO FIGURES F O R PREVIOUS YEA R .
GROSS EARNINGS.
1897.
1,162-05 miles.
F re ig h t....................................
$4,477,018 96
P assen ger................................................... 1,026,602 67
M a i l . . : . . ...................................................
’ 189.781 55
E xpress........................................................
107,488 48
M iscellaneous..........................................
102,414 51

1896.
1,162-05 miles.
$4,212,879 s i
1 ,2 49,-58 76
189,375 12
192,150 48
21 5,1 0 1 5 3

Totals.....................................................$5,993,336 17
OPERATING EXPENSES.
1897.
Maintenance o f R oad and Structures.
$648,704 40
Maintenance o f E quipm ent.................
511,518 74
Transportation mul T raffic................... 2,043,572 24
.............................
246,832 99
General E xpenses

$6,059,371 70

T otals.................................................... $3,483,628 37
P er Cent o f earnings___ , ......................
58-13
NET EARNINGS.
1897.
Net earnings............................................$2,509,707 80

$3,576,832 66
59-03

1896.
$688,919 50
52 4,17 623
2,123.410 23
235,026 70

1896.
$2,482, j 39 04

T A B L E B.
INCOME ACCOUNT FOR T H E Y E A R ENDED JUNE 30TU , 1897.
Gross Earnings from O peration................................
$5,993,336 17
Operating E xpenses....................................................................... 3,483,628 37
Net Earnings from O peration...... ..........................................$2,509,707 80
Add Incom e from Interest, Dividends, e t c ..............................
7,065 90
Total Not Incom e...................................................................... $2,516,773 70
Interest on Funded D e b t ..........................$1,994,524 00
T axes ............................................................
171,256 56
Rentals, Track* an I T erm inals...............
1O.604 68
Taxes on Lands In Now Mux. & Arizona.
6,292 72
Loss In Operation St. L K .J tS .W .B R .. .
3,028 80 2,185,706 76
Surplus fo r the r o a r ............... .......................................
$331,066 94
Out o f which was declared a Dividend of 2% on the First
Preferred S tock ............................................................................
100,000 00
Remaining Surplus carried to Credit o f Profit and L oss.

$231,066 9 4

TA BLE E.
STATEMENT OF STOCKS AND BONDS PLEDGED AS SECU RITY
FOR FUNDED DEBT, AS OF JUNE 30TH , 1897.

N am *.

- -7-

ft

Sto c k s .
Ft. S. A V. B. Bdg. Co............. 19,993
1,664
Ft. S. & 8. Ry. C o ....................
Joplin Ry. C o............................. 7.151
9,985
Springfield A N. Ry. Co..........
5,991
Springfield A S. Ry, Co...........
Bt. L. Ark. & T. By. C o.......... 34,989
9.435
St. L. W. A W. Ry. Co ..........
Fayetteville & h. R. RR. Co.. 3,255
6,365
L, R. <t Tex B y. C o ..............
4,955
Paris A a t N . RR C o ...........
T
1,775
Pittsburg & Cal. Ry. Co........
1,965
Springfield Conn. Ry, C o .......

$325,500
530.500
495.500
177.500
196.500
$1,731,500

$7,421,325

T otal S tock s......................
B

$499,825
160,400
715.100
998.500
599.100
3,498.900
943.500

o n d s.

8 t L. A S. F. Ry. Co.—
Land Debenture 5 s ............
St. h. W. & W. Ry. Co. Income 5 s .............................
S t L. A. & T. Ry. Co. of M o ­
i s t M ortgage 7a...................
St. L. A. A T. Ry. Co. o f A rk.1st Mortgage 7 s...................
Joplin RR. Co —
1st M ortgage 7 s ...................
Fayettev. < L. R. RR . Co.—
fc
1st M ortgage 5 e...................
L. R. < T e i. Ry. Co.—
fc
1st Mortgage 5 s ...................
Pittsburg ic Ool. Ry. Co.—
1st M ortgage os.
Ports & m , N. RR. Co.—
1st M ortgage 5 » ..... .............
Springfield Conn. Ry. Co—
1st Mortgage 5 s ..................

1,215 $1,215,000
750

750,000

500

379,000 $321,000

600

229,000

300
154

371.000

10,000 284.000
$154,000

367.000
Conforming to a resolution o f the Board of Directors, The
Audit Company, of New York, was selected to examine the
176.000
176
accounts of the Company, and their representative. Mr.
339.000
339
Stephen Little, conducted the examination. The certificate
is hereinafter submitted for your information.
64,000
04
Thi“. Company has operated the A t la n t ic & Pacific Rail­
. $2,389,000 $976,000 $1,100,000
T otal Bonds.
road (Central Division) daring the year, for account of the
Atlantic & Pacific Company, and the results are, therefore, Total Stocks and Bonds.......... ........ $9,810,325 $970,000 $2,831,500
not included in the above fncome Account.
REOAPITOLATIOK.
Since the close of t he fiscal year, this Company has con­
cluded negotiations begun some time ago whereby, after The M ercantile T rust Co. of New Y ork ................................ $9,810,325
States Trust Oo. f
976,000
the foreclosure of the mortgage securing the Atlantic & UnitedT ru ste e , o f Now oY o New Y o r k ...................................
Union
rk .........................................................-2,831.500
Pacific (Central Division) Bonds, the Division will be owned
T ota l.......................................................................................$13,017,825
by this Company. The purchase of this Division involves
367

THE

780

[VOl . LXV.

C H R O N IC L E .

T A B L E 0.
CONDENSED G E N ERAL BALANCE SHEET JUNE 30, 1897.
L IA B IL IT IE S .

ASSETS.
$82,089,201 80
»

Stocks mill Bonds owned (see sep­
arate Statement fo r Faeo and

5,453,220 50

** Current A ssets—
Cash iu T rea su ry ............................. $1,437,708 43
Cash tu Trust Companies fo r Cou­
33 5,87 111
pons and Sinking Funds..............
143,278 82
Due from A gents and C onductors.
* *
•
“ R ailroad Companies, ae73,420 12
"
“ Companies and Individ122,184 16
54,584 31
"
“
United States G ov’nm’t.
398,023 20
19,231 99
Unatij usted A ccou n ts......................

2,584,302 14

St. Louis & San F. KE. Co. Consol.
4 p. ct. Bonds, acquired througii
operations o f Sinking Funds, par,

20,610 47

“ M iscellaneous Assets o f R eceiver
St. Louis & San F. R y., and prior,
taken up fo r collection by tilts
C om pany............................................

20,445 88

By Capital Stock­
is t P re fe rre d .................................... $5,000,000 00
2d
16,000,000 00
C om m on ............................................ 29,000,000 00
F unded D ebt Assum ed by this Com­
pany aud subject to w hich it
holds title to the property
St. Louis & San F. Ry. 1st Mtge.
6 p. c. Gold Bonds, A. B. C------- $5,666,500 00
St. Louis & San F. Ry. 1st Mtge.
6 p. c. G old Bonds, Missouri &
W estern D iv ...............................1,035,000 OOj
St. Louis & San F. Ry. Trust
Mtge. o f 1880 6 p. c. G old Bonds
976,000 00
St. Louis & San F. Ry. Trust
Mtge. o f 1887 5 p. c. Gold Bonds 1,099,000 00
St. L ouis & San F. Ry. General
Mtge. 6 p. c. Gold B on d s............ 7,807,000 00
St. Louis & San F. Ry. General
Mtge. 5 p. c. Gold B on d s........
12,293,000 00
St. L. Wichita & Western Ry. 1st
Mtge. 6 p. c. Gold B onds---2,000,000 00
Ft. Smith < Van Buren Bridge 1st
fc
Mtge. 6 p. c. G old B on d s............
330,000 00
1 Funded Dfebt Created by this Co.—
St. Louis & San F. RR. Co. Consol.
M t*c. 4 p. c. Gold B on d s........................................
: Current L ia b ilitie s Audited V ouchers and Pay R olls.
$447,486 16
Due to Companies and Individ’ls.
52,423 69
Taxes A ccrued ..................................
71,508 06
Sinking Funds A ccru e d .................
26.352 15
Interest on Bonds A c cr u e d ..........
165,627 50
“
“
*
•
M atured..........
707,094 00
M iscellaneous Liabilities o f R eceiv­
er St. L ouis & San F. Ry. and
prior, assumed b y this Com pany. .
T otal L ia b il it ie s ................................
A ccou nts to Balance—
E quipm ent and Im provem ent
Fund set apart fo r New E quip­
m ent and Im provem ents............
Land D ep t. Fund, fo r redem ption
of A. B. and C. B on d s....................
Pro tit aud Loss (See in com e A cct.)

$50,000,000 00

31,206,500 00'

6,412,350 00

1,470,491 56

320,507 64
$89,409,849 20

$501,553 93
25,310 72
231,066 94

757,931 59
$90,167,780 79

T A B L E D.
STATEMENT OF SECURITIES OWNED, AS OF JUNE 30, 1897.
No. o f
Shares.

S tocks .

Face Value.

Boole
Value.

$
279,317 A tlantic & Pacific RR. Co ___ _____ 27,931,700
1
450 [Arkansas Coal & Mining C o..............
11,250
11,100
5,382 'Eureka Im provem ent C o..................
134,550
500
26*62 Glendale Zinc C o..................................
2,662
660
------ 81-*5 Logan R eal Estate C o . . , ....................
8,125
200
3.000 Ozark Land C o .....................................
300.000
10,000
392 Peirce City R eal Estate C o ...............
39,200
2,010
120 St. L ouis E xpo. & Music Hall Ass’n.
3,000
960
8t. Louis < San Fran. RR . Co.— .
fc
150* ;First Preferred Stock Trust C erts...
15,099
15,099
17,917t Second Preferred Stock Trust Certs. 1,791,753
1,791,753
36,023} Common Stock Trust C ertificates... 3,602,335
3,602,335
1.000 Eureka Springs Ry. C o......................
100.0001
7 Ft. Smith & Van Buren Bridge C o..
175 I
11 Ft. Smith & Southern Ry. Co.......... .
1,100
45 Fayetteville & Little R ock RR. C o..
4.500 |
9 Joplin Railw ay C o...............................
900 j
35 Little Rock < T exas Ry. C o ..............
fc
3.500
247 Prescott & A rizona Central Ry. Co.
24,700 [ *
45 Paris & Great Northern RK. Co.......
4.500 f*
25 Pittsburg & Columbus Ry. C o..........
2.500
5 St. Louis W ichita & West. Ry. C o...
500
11 St. Louis Arkansas & T exas R y. Co.
1,100
15 Springfield & Northern Ry. Co_____
1.500
9 Springfield & Southern Ry. C o.........
900
35 Springfield Connecting R y . C o.........
3.500 j
Total S tock s...................... ............. 33.989.049

10
25

B onds an d S ciur.

6

.

Face Value.
Value.

1,404

A tlantic A Pacific RR. Co., Central

688

B y Bal. received from R eorg. Com. St. L. & S. F. Ry. C o _ $943,330 14
_
$943,330 14
B y B alance...................................................................................... $501,553 93

Augusta City (Kansas) 5 s ..................
Eureka Im provem ent Co. 7 s ..........
K. C. & Northwest. RR. Co. 1st
Mtge. Series “ A ” , Fractional Bond
S crip___'.......................................
St. I,. & 8. F. RR. Co.. Consolidated
M ortgage 4 p. c. Bonds in Treas­
ury .......................................................
St. L. & S. F. Ry. Co., Series “ A ” ,

9

$943,330 14

5,434,618

1 53100
♦ 354010000
No. o f
Bonds.

T A B L E F.
CONDITION OF N EW EQUIPM ENT AND IM PROVEM ENT FUND
AS OF JUNE 30, 1897.
To New Equipm ent—
F or cost o f New E quipm ent purchased dur­
ing the year ended June 30,1897, as follow s:
100 New Furniture C ars................................ $67,319 30
50 New R efrigerator Cars............................... 4 4 ,1 2 4 1 5
Equipping E ngines w ith A ir B rakes..........
12,124 85
Equip. F r’tC ars with Couplers & A ir B ’kes 162,922 83
E quip’g P osta l Cars w ith Vest, and Lights.
3,682 42
------------------ $290,173 55
To New Im provem ents —
F or Cost o f New Im provem ents made during
the year ended June 30, 1897, as follow s :
Additions to St. Louis Term inals............... $38,388 4 6
A dditions to Ft. Smith T erm inals................. 41,379 78
Addition to Paris E ating House and E x ten ­
sion o f Freight H ouse Platform s at Paris.
2,184 47
Additions to M onett E ating H ou se___ ____
3,516 62
L ining B oston M ountain Tunnel w ith Brick
3,158 27
A dditional R ight o f W ay...............................
525 00
429 00
New W ater Station at B eaum ont.................
New Sidings........................................................ 3 3 ,031 02
N ew Fencing......................................................
261 37
Survering and E ngineering...........................
1,337 96
New B allast........................................................
27,390 71
------------------ 151,602 66
To B alan ce............................................................................................. 501,553 93

A tlantic & Pacific R ailroad Co.,
Central Division, Land Grant
S crip...................................
Kansas M idland Ry. Co., In co m e ...
Total Bonds and S crip .................

5?000
25,000
249

sulting Auditor, Mr. Stephe i Little, visit St. Louis, and in
the audit office of your Company there make an examina­
1 tion and verification of
I.

9,000

9,000

600

600

1,464,000 |
564 |'
688,000 j
2,192,413

^Against which is set the Nominal
B ook Value o f $1 to preserve
the re co rd .............................
Total Securities......................

4.000
5.000

TH E A U D IT COM PANY OF NEW YORK.
120 B r o a d w a y (E q u itab le B u ilding ), >
N e w Y o r k , Sept. 21, 1897.
>
D. B. R obinson, Esq.,
PreS'd ut St. Louis tO San F ranc sco Rli. Oo., St. Louis, Mo.:
Dear Sir —At your request we have had our Chief Con­

36,181,462

The Earnings and Operating Expenses and Income
Account of your Company for the year ended June 30. 1897
II.

Its General Balance Sheet at June 30th, 1897.
W e therefore certify that the elements constituting such.
Income Account and Balance Sheet are fully and fairly set
forth, and reflect truthfully the Earning Capacity of Your
Company for the year under review, and its financial con ­
18,601 dition at the end thereof.
Our acknowledgments are also due to your General
Auditor, who extended to our representative every courtesy
1 and facility necessary to his examination.
5,453,220

T ub A u dit Com pany of N ew Y o r k ,
B y Stephe n L it t l e ,. C hief Consulting Auditor.-

October

23, 1897.]

rBtE CHRONICLE.

781

upon for so great an outlay as heretofore in that item. W e
still have quite a number of large trestles that will require
to be rebuilt, or filled in, within the next five years.
We have continued to lay the needed requirements o f ties
and ballast. W e have purchased at $17 per gross ton (the
THIRD ANNUAL REPORT—FOR THE .YEAR ENDING |lowest price ever obtainable), 2,300 tons of best quality
standard section 80-lb. ste-el rail and 3,500 tons o f standard
JUNE 30, 1897.
section 67-lb. steel rail. Of these rails only 177 tons, cover­
of 80-lb. rails,
tons, covering 5'29
To the Stockholders o f (he Western New York d* Pennsylvania ing 1-40 miles, rails, have beenand 566 this year. The bal­
miles, of 67-lb.
laid in
R u l e ly Gamp m y :
ance of these rails will be laid in the early part o f the fiscal
Your Biard o f Directors submits the following report of year 1898.
the operation o f your road for the fiscal year ending June
A commodious station has been built at Sonyea, on our
30, 1807:
Rochester Division, an.l also a new Agent’s House at the
A detailed statement of the financial condition of your j same point, in order to meet the growing business of the
company will be found in the A uditors Report, and the Craig Colony established there.
General' Superintendent's Report gives the details as to | Speaking gen-rally as to the physical condition o f your
operation and as to the physical improvements made.
property—the Roadway and Structures—it can be said that
The Funded Debt remains unchanged from the previous it has suffered no depreciation during the past year in a n y
year.
particular, and in many particulars it has been improved ;
INCOME ACCOUNT.
notably in the better condition o f some of our stations and
Gross 3£iF»iJ8*8-..., ................................. $2,934,774 07
.
yards, especially at Brocton, Bradford and Clermont, a t
Operat!nsr Expenses___ ______________ 2,042,915 98
each of which points we have largely increased our facilities
NetEamiags................
............. . $911.82* II
for the handling o f our business.
latere*5 Discount and Comm salons........
,
64,611 O
S
The connection with the Buffalo St. Marys & Southwest­
—•-------- ------ — $ 9 0 6 ,4 3 9 19
—
ern R. K., referred to in our report for 1896, ’as then in con­
Deductions from Net Earnings as
templation. ha* hem effected, and we are deriving quite a
follows:
traffic in coal and lumber from that road, which traffic it is
la tmmt on First Mortgnm Beads, W. N. Y.
thought will increase.
& F . a a C o ............ I'...' . . . . . . . . . . . ____ . . . $ 4 9 9 ,5 0 0 0 0
Interest oo General Mortg.iste Bond;*. W. fif.
The condition o f our motive power is not quite so good as
225.000 00
Y A F. By, Co . . . . . . . . ................................
at the close of the yea* 5896, as some of our engines have
15.501 U
Interest on Real Estate Mortgages.....,.,..
been allowed to remain out of repair because, by reason of
10,051 90
Interest on
Note*.
..........
Tuxen.................... .............. . . . . . ....... .................
90,076 23 840,189 24 the decrease in our traffic, their services were not required.
We have expended nearly $10,000 more this year than last
$120,240 95 I
N et Incom e..
on the maintenance o f our passenger equipment, so that its
average comparative condition has not suffered, except that
Compared with the fiscal year which ended June 30th, a number of our coaches are reaching a point, when it will
1880:
be better to buy new ones than to make extensive repairs.
The Gross E arnings decreased 7*20-p er een£...........$231,2'*6 55
Upon our freight equipment we have expended this year
The O p «rstlo^
«ler3r*?a*ed S'SS per c e u i».. . . . . . . . . 190,005 08 i about $20,000 less than in 1890, and this because during a
The Net Earn tags lu cre tset 4'24 p e r cent . . . . .
. . . 40,291 47 j
portion of this year a number of our cars were out of service
N et earning* fo r 1S90, a fte r deducting on ly Operating B xpeaseA, were,. ......... ............................ .
- ..... 952,119 581 owing to the decrease in traffic. The 500 crippled freight
Net earnings fo r 1897, a fter dmiaeisi.?*? on ly Operatlug E sears referred to in our report for 1896 as requiring more than
pensee, are ......... .
. . . . . . . . 011*82811 j
ord’ ii try repairs, have all been repaired and returned to
A dee:rea#e.'of..—. . ..* «* -* .,.* * * * ,.* * .* .«♦ ♦ * * # ,* ...* * .......... $40,291 4.7 [ service. As the cost o f material was less during 1897 than
1803, the decrease in expenditure o f $20,000 does not repre­
In IStS the Net ineo’oe, after cMtioiteg: Bond Interest,
sent an equal decrease in work done.
interest on Bent E-iffcte Mortgage and on Equip
In this connection it may be well to note that, practically,
meat Note*, was
....... ..
. . . . . ....... .
.....$ 4 2 0 ,5 0 9 32
no new equipment has been purchased for some years,
l a 1*97 tae Net faeom e. after maid tig the same dedue
tlons, is .................................. ................... ........... .................... 12 *,249 95 although the generally assumed average annual deprecia­
A deerea.se o B . . . , . - . . . . - . . , . , . . . . . . . . . - , . ------------ ...,...$194,319 37 tion is 5 per cent. With any material increase in business
the purchase of additional equipment could not be delayed.
B y w ar o f erptan atioa o f a large part, o f tala decrease, It
We are proceeding, as fast as opportunity and our means
should lie stated that there wm an. iasosase In the inter­
est paid upon our General M ortgage heads in 1897, m
will permit, with the equipping o f engines and cars with
com pared with 18t'H, o f . . . . . . . . . . . , . . . . . . . . . _________ .$ 1 7 5 ,0 0 0 0 0
Air-Brakes anil Automatic Couplers. During this year,
F rom which dednut t to ainoamt o f interest
47 Box cars were equipped with Air-brakes,
saved in 1*90 ott Warren A FranhUa heads
paid o ff la that y e a r,. *....... .......
.. . ...$ 3 1 •
504 17
6 Gondola cars were 4
*
“
“
Less the interest upon the 4773,000 First- M ort­
2 Locomotives “
“
“
gage hoods Issued to take up said Warren A
475 Freight cars
“
“
“
Automatic Couplers,
F fjia k lio bonds
14,713 3-8
_ _ _
16,850.79
10 Locomotives “
“
“
**
■
“
Deducting this am ount o f . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
**,..$■ 158,449- 21 There remain o f Standard Gnage equipment:
from $19 1,3U>117„we have a mmfmrmttm &mrem# tenet
1 Switching engines requiring driving wheel brakes,
income of o i d f . . . . . « , * * * .... .......
$36,170 16
8 Engines
“
Air-brakes,
A result which, when the depressed condition of business for 7420 Cars in freight service requiring Air-brakes,
1897 is considered, should be accepted as a cause for gratifica­
19
" Company's “
"
“
tion and an evidence o f continued economy in management.
1 Passenger car requiring Automatic Couplers,
The balance of bills payable, which were issued solely for 1949 Cars in freight service requiring Automatic Couplers,
reconstruction purposes, and which amounted on June J th.
12 Locomotives
“
“
“
1896. to $62,720 00, have all been paid, and we have no out­
As we have practically discontinued the operation of a
standing bills payable except those given for new equip­
ment. In our previous report these notes amounted to $188,- large part o f our Narrow Gauge system, we will not need to
332 28. Of this amount $34,2(56 40 have been paid during equip with Automatic Couplers the Narrow Gauge engines
and cars referred to in onr report for 1890.
this year, leaving the balance outstanding $134,983 88.
P ahseki mu T raffic .—T he continued increase in the use
These notes are payable monthly and mature as follows :
In the calendar year 18 97..................................................... ...... $814931 81 of Mileage Books and Commutation Tickets is responsible
“
■
* 18 98.......... .................................................. 07,054 07 to a great extent for the loss in our passenger earnings, but
Your attention is called to the items o f Betterments as the generally unsatisfactory condition of business,-which
stated on page 34 [pamphlet] and which amount to $87,397 restricted travel, was the greatest factor in said loss.
01 ; all of which, m continuation o f our policy, as stated in In 1890 Hit' total number o f passengers carried w as............... 1,501,631
our annual report for 1800, have been Charged to Operating In 1897 the total number o f passengers carried w as............... 1,371,436
Expenses.
A decrease o f .......................................................................... - •■ 13 3,20 5
We have purchased during the year from the Ensign Man­
ufacturing Co. one snow plow of the latest Improved pattern, In 1898 our net Incom e from passenger train service w a s .$275,993 47
and from the Buffalo & Susquehanna RR. Co. one baggage In 1897 our net lie- one from passenger traia service was. 2o6,999 53
and mail coach.
A decrease o f ............................................................................ $18,993 9 4
W e have built a new iron and steel bridge on the New­
W e see no reason why, with a return of business pros­
castle Division—No. 107, at Jackson Centre, 1 span 61 feet,
perity, now so generally anticipated, our passenger train
at a cost of $l.i 00,000.
We have completed the filling of trestle No. 6, at Arcade earnings should not be at least equal to the earuings for
(277 feet in length) and which was referred to In our report 1806. Although the earuings from passenger train service
for 1896 as a needed improvement for this year; and plans for this year were less than for the year 1896, they were
are. almost completed for the large iron viaduct at Silver about equal to the average earnings for the past live years,
viz., 1893-97. said average being $257,124 24.
Creek, which must be built during the coming year.
F reight T raffic.—Our total tonnage for this year shows
The repairs made to our coal trestle property and our
dock have amounted to $19,044 75: by this expenditure and a decrease of 505.343 tons, or a little over twelve per cent,
some further repairs which will have to be made during of which, one-half, or 252,703 tons, was in Bituminous Coal.
1898. we hope to postpone for several years the large outlay Strong efforts were made by this Company looking to the
required for an entire new trestle, the probable building of bettering o f the condition of this traffic, it being generally
conceded tliat neither the coal operator nor the transporta­
which was alluded to in out- report for 1896.
A s m o s t o f tin la r g e w o o d e n B r id g e s h a v e b e e n r e n e w e d tion companies are making any profit out o f soft coal at the
w it h ir o n a n d s te e l s t r u c t u r e s , w e h a v e n o t b e e n c a lle d low prices and low freight rates prevailing; but our efforts

WESTERS! NEW YORK & P ENNS YL V ANI A
RAILWAY COMPANY

THE

782

CH RO N IC LE,

were not seconded, and we regret to s iy that the condition
of the soft-coal trade was not improved during the present
year, and that the better results anticipated in our report o f
1896 were not realized. W e still hope that the future may in
some way secure better returns for the operators and trans­
portation companies, but can only conceive of such im prove­
ment as coming through a concentration o f the different in­
terests now engaged in the mining and selling o f coal.
Lumber shows a decrease of 62,862 tons. This decrease is
partly owing to the.Kmited demand for lumber, and partly
to the fact that the continued cutting of the forests along
the line of your road is gradually diminishing the amount of
himber contiguous to this line, and to-day we are depending
more than formerly on lateral roads for the lumber we haul.
Whilst we do not look for any decrease in our lumber traffic
within the next two or three years, we cannot expect to
secure any large increase over the tonnage of this year.
The decrease in iron tonnage was due largely to the lim­
ited demand for Structural Iron, which during the fiscal
year 1896 was heavy, because, of the large buildings then
being erected in Buffalo. We feel sure that with the re­
vival in general business our Iron tonnage will show a con­
tinual increase.
W e carried less ore than in 1896, principally because of
the failure of a large concern on the line of your road.
Our Bark traffic suffered because of the shutting down at
times of tanneries. W ith the starting up o f these tanneries
we look for an increase in this tonnage.
Crude and Refined Oil show a diminished tonnage because
of the lower production from territory tributary to your
road. The increase in the extension o f pipe lines to the sea­
board has also had its influence.
Improvement in general business, which now seems as­
sured for the coming year, should give us a steady increase
in our General Merchandise traffic.
Our rate per ton per mile for 1897 was o '121 mills, as
against 5'022 in 1896, and outside o f Bituminous coal (the
rate on which for this year cannot be materially improved
by reason of the large contracts made by competing lines
iii the spring of 1897, and which extend over to the spring
of 1898) we hope to be able to maintain this advance.
Slight as was this improvement in fate, it resulted in an
increase in net earnings of S41.154 81.
Our business relations with connecting lines seem to be
growing stronger, and we hope for a continuance of such
relations to our mutual benefit.
Your special attention is called to a certificate [given be­
low] by the Public Accountants and Auditors, Messrs. HeiDs,
Lybrand & Co., of Philadelphia, as to the correctness of the
books and accounts of the Western New York & Pennsyl­
vania Railway Co., from its inception on April 1, 1895, to
the close of the fiscal year, June 30, 1897.
For the faithful and efficient discharge of their duties,
due acknowledgement is made to Officers and Employees.
B y O rder

of the

Boa r d ,

SAMUEL G. De COURSEY,
President.
Union Pacific H,y.—Foreclosure Decree unde• 'Collateral
Trust o f 1891 securing laid No'es 6s f Morgan Nates). On Oct. 15 Special Master W. D. Cornish made his report in
the foreclosure suit under the collateral trust mirtgage of
1891 securing the Mo'-gaa notes. The report shows that the
original issue of $18,710,00) wai reduced with proceeds from
sale of collateral to $8,488,000, and that the face value of the
notes aggregating this last amount [by payment of principal
to the amount of 62J^ p9 r cent] has been reduced to $3,183,000. Tne par value of the collateral now amounts to ab ut
$8 ,0 1 0 ,0 0 > six separate parcels of stocks and bonds having
,
been sold at private sale since Sept. 2 for the aggregate sum
of $5,066,969.
Judge Lacombe having confirmed the report of Special
Master Cornish ordered the f ireclomre sale of the remuiniag
collateral, the sale to take pla:e at the New York Real
Estate Exchange The following coupons will not be sold
until otherwise ordered by tie Court: Oregon Short Line &
Utah Northern first consolidated mortgage coupons. $332,400;
Utah Northern Railway 7 per cent coupons, $52,210; Oregon
Short Line & Utah Northern Railway collateral trust cou­
pons $274,050, and Idaho Central Railway first mortgage
coupons, $ 1 6 0 .
United States Attorney-General McKenna on Wednesday
filed in the United States Circuit Court in New York a bill
of comolaint in the foreclosure suit of the United S ates
against the Union Pacific Railway Co. asking for an account­
ing as to the property pledged to secure the Morgan notes.
It is also asked that final decree be rendered subjecting such
property or its proceeds m w in possession of J. P. Moigan &
Co. to the lien of the United States.
Securities SHU Pledged fo r Morgan Notes.—Securities
Sold.—The decree of sale enables us to revise the list of col­
lateral pledged to secure the notes, which was published in
the C h r o n i c l e of May 1 . 1897, page 844, and to determine
accurately what securities have been sold since the first of
the year. It will be remembered that two important sales
were recently effected, one to parties interested in the reor­
ganization of the Union Pacific Denver & Gulf Rv , the other
to the Union Pacific Railway Reorganization Cimmittee, for
the aggregate sum, as above stated, of $5,066,969. The se­
curities disposed of since Jan. 1,1897, are:
H i

A ll or m ostly to U. P . Reorg.
Cw nm ittre.
Sold.
E ch o & Park City 6 t».............. §180, oO
Do
do
sto ck ......
480,000
K ansas Central 6 s ................... 1 , 3 4 5 .0 0 0
Do
do
s t o c k .............. 1,313,400
K earney & Black H ills 5 s ...
339,326
Do
do
stock.
773.H2
M anhat. A lm a & Bur. 6 s . .. .
339.335
O ree »n S hort L. stock HR «8.l6o,000
Do
do c o n . M . 1st os. a451,50o
Carbon Cut-Off Ry. s to ck ..
220.000
P a cific E xpress s to c k .............. 2 , 1 00 ,00 0
To U.P.D.& Q. Re-nrtj.lnterests—
U n. Pac. D en. & G u lf stock. .13,2H,&S2
Do
do con sol. 5s. 5.813,000

[V ol . LXV,
Tot. issue.
Road covered.
M ile s ,
$48«>,0 0 ) E ch o to Park City,
480.000 s U tah, and bch s
'
..
30
1,346,“ on ) L ea ven w orth to M il],348.“ 0 0 j tonvale. K an ..
165
862.000 ? K earney t o Callaw ay,
64
1,577,280) N e b ...............................
678.000 M m il. t o Bur. K a n ...
55
24,778.600 ) G ranger, W y., t o H u o 1 ).337,000£ tin gton . Or., e tc ...1,425
280.000 A llen t o H a ina, W y.,
19

6,000,001 ..............................

29.380,182 / Ch eyenne, W y.. to
15,801,000 i T e x . s t ’ te L in e , etc.

900

a O btain ed In reorganization o f O regon S h ort L in e & U tah N o rth e rn R y .,
w hose sto ck f o r f in , 11^.70 , alo n g w ith Utah S ou th ern e x te n s io n 7s f o r $903,000, was held Jan. 1 , 1897 . T n e trust still h o i 1s $151,500 O regon S h o rt L in e
In com e A bon d s that were r e ce iv e d , to g e th e r w ith $903,000 o f th e s to ck and
$ 4 5 l,o 0 0 con sol. 5s, in e x ch a n g e fo r t h e $903,000 Utah S outhern e x te n s io n bon d s
d ep osited under the Short Line plan.
N o t e .—In a dd ition to th e secu rities o f o th e r com panies in o u r list o f V a v l,
1897, sh ou ld be m en tion ed th e fo llo w in g U n ion P aciflc securities, w h lch ’ are
still h eld as c o 'la te r a l fo r th e notes: K ansas D ivtsion and c > 1literal m o rtg a g e
1
b on d s, $5,000,000; equ ipm en t bon d s, series C, $225,000; O m aha B rid g e renew al
bonds, $145,000. U nion Pacific c o i l b o n is fo* $1,890,00'> a n now held, against
$4,378,000 on Jan. i. w hile in a d d itio n t o th e $4,137, m co a l sto ck p r e v io u s ly
OO
reported, $5^2,100 is h e ld as co lla te ra l.

After making the above noted changes our list of M a y l,
1897 (p. 844), will be found to represent correctly the securi­
ties that are to be sold under foreclosure under the recent
order. The Kansas City & Omaha 1 st mortgage reorganiza­
tion certificates of deposits to the amount of $ ,595,5 '0, how­
ever, are held under an agreement made to sell upon exercise
of an opti-m. The securities shown above as bought by U. P.
Denver & Gulf interests do not, it should be said, embrace
all the consol. 5s acquired in the recent purchase, for, as
stated in the C hronicle of Sept. 18 (pare 516), the total
amount of the bonds secured from the Morgan trust and
otherwise was $6,537,0( 0.
D ites o f Foreclosures Sales.—The follow in g statement
showing the dates o f the several foreclosure sales, the am ount
o f the upset price, etc., has been verified for the C hronicle .
Date,
Mortgage.
Sale.
Place.
G overnm ent subsidy............. Nov. 1 Omaha
Sinking fu n d ........................... Nov. 1 Omaha
Union Pacific 1 st.....................Nov. 2 Omaha
Kansas Pacific cons................Nov. 3 Topeka
Kansas Pacific Govt, sub___ Nov. 4 Topeka
Kansas Paeiffo East D iv ___ Nov. 5 Topeka
Kansas Pacific M id. D iv ___ Nov. 6 Salina
D enver Pacific 1st
.......... Nov. 8 D enver

Deposit.

Upset price.
$ 2 3 ,0 0 0 ,0 0 0
1 3 ,6 4 5 ,2 5 0
5 0 ,6 3 7 ,4 3 5
8 , 0 0 0 ,0 0 0
2 .5 0 0 .0 0 0
4 .5 0 0 .0 0 0
5 .3 0 0 .0 0 0

2 , 000,000

£

2 , 000,000
1, 6 4 ,5 2 5

2 , 000.000
5 0 0 .0 0 0
5 0 0 .0 0 0

200.000
200,000
5 0 0 ,0 0 0

—V. 65, p . 109; V. 65, p . 736 .

United Gas Improvem ent.— Proposed Lease o f City Gas
Works.—The Philadelphia Common Council on Oct. 18, by a
vote of 64 to 54, defeat d the motion to submit to a popular
vote the proposition to lease the city gas works to a private
corporation. This action is looked upon as a victory for
those desiring the lease, they having opposed the idea of a
popular vote for fear of the result. The joint sub­
committee of Finance and Gas which recently considered
various propositions to lease the city works for a period of
thirty years recommended the acceptance of the offer of the
United Gas Improvement Co. Yesterday the Councils’ Joint
Committee also approved the company’s offer. It is expected
the matter will reach a final and probably favorable vote in.
Councils next Thursday. A long statement from Presiden Dolan regarding the proposed lease was in the Philadel­
phia papers on Monday.—V. 65, p. 413.
Washington St. Mary’s Bay & Point Lookout R R .—New
Project.—MoHg ige, $1 250 000 -President A. B. Linderman,
of Philadelphia, writes the “ Manufacturers’ R ecord ” that
his company has let contracts for the first 18 miles of its
line, which will extend down the Potomac River peninsula
from Washington to the mouth of the river at Point Look­
out, a distance of about 78 miles. It is understood that from
this terminus a steamboat line will be established, so that
passengers from Washington may reach Old Point Comfort
by rail and water in about six hours. The company, it is
stated, has made a mortgage for $1,251/0 i to the Security
Trust & Insurance Co. of Philadelphia as trustee. The offi­
cers in addition to Mr. Linderman, are J. W . Bancroft, VicePresident; H. L. Montgomery, Secretary and Treasurer, and
Hon. Charles L. Brown, General Solicitor.
— Messrs. Harvey Fisk & Sons, 31 Nassau Street, have is
sued a carefully prepared circular showing the value of the
Erie prior fours as a collateral trust bond. Pledged as se­
curity for the $3 '.000,000 outstanding bonds are $33,306,200'
bonds and $30,249,700 stocks of subsidiary companies. .The
circular gives an analysis of these pledged securities and es­
timates their value to be not far from $40,0 •',000, which
amount is hack of the Erie prior fours, irrespective of the
lb n which these bonds also have upon everything which the
company directly owns, subject to the various undisturbed
divisional bonds which attach to various portions of the sys­
tem. The circular makes a number of points regarding the
security of Erie prior fours, claiming for these bonds that
they are entitled to the strongest confidence of the most
timid investor.
— The Peoria Decatur & Evansville Reorganization Com­
mittee. Walston H Brown, Chairman, gives notice that under
the plan of reorganization dated October 1 the securities of
the company should be deposited with the Central Trust Co.
on or before Nov t, and that the first instalme t of 5 per
cent on the second mortgage bonds and $ 1 per share on the
stock is payable on deposit of securities. On deposit of first
mortsaee bonds, holders will receive back interest in cash at
6 'per cent to Oct. 1, 1897.
___ S B

THE CHRONICLE.

O c to b e r 53, 1897.]

3Jhc Commercial Jimcs.
C O

M

M

E

'R

c l

A

L

E

p

T t ’ 6

M

E ~

F r id a y N ig h t October 22, 1S97

The general business situation has undergone few changes
o f an important nature. It is natural that with the close of
an act! Ye political campaign near at hand the interest o f the
community should be deeply centred on tbe political sitnation, and that the result aho aid be a general Inll in tradeconditions.
The undertone, however, has shown a
healthy state, the fact that values, as a rule, have been
maintained, and that there has been no attempt to hurry
trade, being considered as fair evidence that such is
the case The situation in the Southwest has continued
unfavorable for tbe opening np of business, a rigid quar­
antine being still enforced against the yellow fever scourge.
Advices received from London stated that the British Gov­
ernment has annonnced its inability to accede to the proposals
of the American Bimetallic Commission, although other sug­
gestions from the United States were invited. Washington
advices state that the Monetary Commission is rapidly push­
ing its wo k, with a view of submitting a report at the
opening of Congress.
Locally lard on the spot has had only a limited sale, but at
the West there has been fairly active baying and prices have
advanced. The close was Brin but quiet at 4*M)e. for prime
Western, 4 45@4 50c. for prime City and 5-!5e for refined for
the Continent. No business bas been transacted in the local
market for lard futures, but at the West the trading has been
moderately a tiveand on disappointing receipt of swine prices
*
have advanced, closing steady.
DAILT C O O C IC S O LARt) FCTCRKS.
C SIK H K F
Rat.
Oet................................... 0. 4 8 0

Man.
4-70

Tut*.
4-62

Wed.
4-82

THurt,
4-75

783
C O

T T O

N

.

Friday Night , October 22, 1897. ■
The Movement op the Crop , as indicated by our telegrams
from tbe South to-night, is given below. For the week ending
this evening the total receipts have reached 870,541 bales,
against 294.&S8 bales last week and 293,004 bales the previous
week, making the total receipts since the 1st of Sept., 1897,
1,781,095 bales, against 2,006,302 bales for the same period of
1896, showing a decrease since Sept. 1,1897, of 335,207 bales.
Receipts at— j Sat.

Mon.

Taes.

Wed.

Thtirs.

Fri.

Total.

G a lv e s to n ...... 15,752: 26,934 14,776 17,924 17,509 19,151 112,046
T er. City, Ao.j .........j .........
...... ...... ...... 1,214 1,214
New O rleans... 8,200 IX 841 28,900 9,659 10,296 11,392 80,288
M ob ile..............
1,974 2,888 2,546 2,590 1,411 1,047 12,453
Florida..... ...................................
6,650
6,650
Savannah......... 8,350 9,890 18,444 10,428 10,054 8,042 65,208
Brnii8w'k,Ae, ........ i ..........
......... ...... ...... 8,147 8,147
Charleston— ,: 3,013 5,344 1,300 4,135 2,865 5,939 23,226
Pt. R oyal,A c. .........: ..........
...... ...... ......
400
400
W ilm ington.... 4,324 3,761 3,781 2,030 2,195 2,429 18,519
W aah'ton.Ao..............................
...... ___ _
48
48
N orfolk ............
4,093 7,005 5,470 4.975 5,403 4,262 31,208
N'p’ t News, A e..............................
...... ......
894
894
New Y ork .....................................
350
800
1,150
B o s t o n ............
946!
806
640 1,773
446 1.054 *5,665
B altim ore........
.........
.........
...... ...... ......
463
463
PhUadel’ a. At>..,
83:
495
702
401
430
851
2,962
Tot. this week 47,385 88,961 76.559 54,265 51,409 71,982 370,541

The following shows the week's total receipts,the total since
Sept i, 1897, and the stock to-night, compared with last year.

Frl j
4-75 1 Receipt* to
prices I Oct. 22.

1897.

Stock.

1896.

Thi* Since Sep. Thi* Since Sep.
Easiness in the market for pork has been qiliet but
1S97.
1896,
tccek. | 1 ,1 8 9 7 .
week.
1,1 896 ,
have advanced slightly and the close was firm at |8 5(hS0 00
for old mess, |0 0(5:9 75 for new mess, t i t Sod 12 35 for! G alveston.., 112,046’ 503.857 74,713 470,092 139,848 212,288
family and $0 50<r12 25 for short clear. Cut meats have had I Tex. C„Ao. 1,2I4
8,820
6,128
36,103
7,052
a moderately active sale and prices have ruled steady , clos­ New Orleans 80,288; 359,394 104,738 607,020 138,248 305,522
ing at 6 J£w?c. for pickled bellies, 59^c. for pickled shoul­ M o b ile ........ 12,453
07,578 15,781
77,415
46,561
23,405
ders and’ 7Jjj»8c. for pickbd hams.
Beef has been Florida......... 6,6501 14,975 4,594
8,463
moderately active
and
steady
at
|7 50(38 for Savannah . 65,208 331,698 37,242 261,693
138,828 116,368
mess, 18 *0(80 50 for packet, $0 50(310 50 for fam­ Br’ wlek.Ae. 8,147
51,379
5,124
17,325
10,078
34,941
ily
and $14 00:816 1*0 for extra
India mess in
Charleston.. 23,228 144,315 21,177 152,803
43,576
81,102
to*. Beef name have been weaker, dosing at $i5<326.
400!
10.221
50
4,-123
Tallow has further declined, closing quiet at 8 *qc Oleo P. R oyal, Ac,
97,869
34,772
28,119
stearine has been quiet bat steady at 4JgC. Lard stearine Wilmington. 18,519] 121,660 17,142
48:
475
58
285
hag been nominal at 51$c.
Cotton seed oil has ad- j Wash’ll, Ao.
72,558
28,626
vaneed slightly, and the close was steady at 2gt|@24c. for N o r fo lk ...., 31,208 131,622 33,688 214,047
*1,383
894
923
3,443
1,995
1,432
prime tellow, Butter has had a moderate sale and prices! N 'port N.,Ao
1,544
3,147
8,832
57,919 145,537
nave advanced, closing at 14(326c. for creamery. Cheese has New Y ork ... 1,150
5,685
11,502
3,956
17,291
15,000
16,000
been quiet but steady at
for State factory, full B oston ........
463;
4,303
748
6,018
8,937
8,268
cream. F esh eggs have been firm but quiet at 17c, for Baltimore . .
2,962)
1,342
7,489
Phlladel.Ae.
10,360
5,514
5,855
choice Western.
Brazil grad*-» of coffee have sold slowly and prices have
T otals....... 370.541 1,781,095 330,571 2,006,302 699,315 1,063,391
weakened slightly, closing at 8 ;ac. for Rio No. 7. The de­
In order that comparison may be made with other years,
mand for mild grades has been quiet and prices have been
lowered slightly, closing at lie. for fair Cucuta. Standard we give below tbe totals at leading ports for six seasons.
Java has been unchanged at 24J$e* Speculation in the mar­ Receipt* at—J 1897.
1894.
1893.
1892.
1896.
1895.
ket for contracts has been quiet and price* have weakened
under easier advices from primal markets. The close was Galves’ n,Ae.t 113,260 80,841 07,838 92.322 69,10*2 56,049
steady.
New Orleans; 80,288 104,758 101,985 136,184 118,851
72,345
M obile.........
9,095
13,439
Following were final asking prices;
12,453
12,284
9,459
15,781
O c t ..................... 5-600. ( J a n ............ .

0 30e. | A p r i l ............... S*50e,

Savannah.. .

65,208

37,212

45,683

63,553

58,817

39,254

I
1

Nov................. 5-0Oo. j Fob................ 6*35e. |M ay............... 8*55o. Ohas'ten, Ae. 23,626 21,227 13.226 22,654 22,708 27,965
Doc................ 0*25o. ! March ............. 8*45o. 1July.............. 0 flO
o.
10,044
Witm’ton, Ae
18,507
17,200
22,110
14,359
11,638
Raw sugars have been neglected and prices have been N orfolk ........
32,637
17,630
18,133
16,069
nominal at 8%c. for centrifugal, 96-deg. test, and 3 5-18c. for N. News, AcJ 31,208 33,688 11,440 20,269 15,516 18,579
923
894
muscovado, 8t»-deg. test. Refined sugar has been dull and
16,859
19,112
12,809
unchanged at 4 3„'c. for granulated. Teas have been steady. A ll oth ers... 25,037 18,911 14,805
Other staple groceries have been quiet and without change. Tot. this wk.! 370,541 330,571 295,433 400,676 3x58,238 290,470
Kentucky tobacco baa had only a limited sale, but prices
have held firm, bales were 200 hhda., principally for expor*. Since Sept. 1 1781,095 2006,302 1369,321 1932,287 1475,239 1418,423
Seed leaf tobacco has been in fairly brisk demand and firm.
The exports for the week ending this evening reach a total
Sales for tbe week were 3.750 cases, as follow s: 475 cases of 2? 8,i 19 bales, of which 106,847 were to Great Britain, 39,992
1896 crop. New England Havana, 16®4<c.; 150 cases 1896: to France and 91,68)1 to the rest of the Continent. Below
crop. New England seed leaf, 21(rf26c,; 1.25 cases 1896 crop, are the exports for the week and since Sept. 1, 1897.
fiats, 14<816c.; 750 cases I486 crop, Onondaga, p, t.; 200
W eek Bndlno Oct. 22, 1897.
From Sept. 1, 1897, to Oct. 22,1897.
cases, 1895 crop, Pennsylvania Havana, 123£@18$£c.; 100
& }K rtrdto—
X >
_______ Exported to—
cases 1894 crop, Pennsylvania seed leaf, U ^ («lS e ; 150 cases
Conti­
Great
from —
Conti­ Total
Great
France
Total.
France
1894 crop, Gebbardts. 1l@ 12c.; B * cases 1893 crop, Wisconsin
nent,
BrfVn.
nent. W eek. Britain .
Havana, 10c., and 1.700 cases 1895 crop, Wisconsin Havana.
123,237 0 0,2 01
41,939 226,377
0 0 0 45 249
llfijM c ; also 800 bales Havana at 70c. to $1 50 in bond, and G alveston ... 27,134 17,* 16
8,092
694
0 4
3,092
T e x . City, Ae.
14" bales Sumatra at 88c. to $2 in bond.
53,977 206,617
56., 17 I f 8,178 40,462
New O rlean s.,
Business in the market for Straits rin haa been fairly active M obile. .......... 13,155 21,525 20,-’ 3?
P,7f 0
9,700
and prices have advanced, closing at ’ 4c. Ingot copper has ; P e n sa co la ___
6,500
8,160
0,500
O.SO'
14,050
bad a fairly good sale at unchanged values, closing steady at : 8 a ? a n n a h .„ ...
95,642 K 7,521
11,879
63,318 31V18
l l 'i e . tor Lake. Lead has been in slew demand and prices |B ru n sw ick ,..
6,335
10,552
11,98''
26,632
5,33*
43,049
25,637
have declined. closing at a 90c. for domestic. Spelter has j C h a rle sto n ...
M&m
08,686
4,464
1
7,581
7,981
been quiet and unchanged at 4*16(«4'25c. for domestic. P ig : P o rt R o y a l....
....
25,665
67.U18
4,Of 0 32,828
92,833
iron haa been fairly active and steady at $10(8512 25 for do- j W ilm in g to n ,.. 27.117
18,016
1,799
13,016
14,815
J3.0S6
mestic.
400
400
Refined petroleum has been lower, closing at 5*40c. in N p o r t N., fee..
60,2-.8 10,836
J0,321
New Y o r k ...,.
062
6.030 10,25/
00,005
bbls., 2 90c. in bulk and 5*95c, in cases; naphlhaqnietat5*50c.
gp^oa
801
39,507
Boston .......... 10,260
108 10,87*
Crude certificates have been neglected; credit balane-s have B altim ore. .
11.925
900
12,481
25,306
7 /8 0
6 ,? 8 J
been lower at 65c. Spirits turpentine baa been quiet and P h ila d elp h ia .. 1 ,8 i6 8
900
1,599
850
2,449
300
6 0
easier, closing at 33m ?, i^c. Rosins hare been dull and on* Ban Fran., A c.
2 ,0 0 0
6,450
2 ,0 0 0
6,4 60
............
changed at f.j 40031 45 for’eommon and good strained. Wool
2I<* 120,8510 888,618 947,727
T o t a l .......... . 1< 0,84? 30,002 y 1,680 888,619 489#
has had a moderate sale at firm prices. Hops have had only
T o t a l , 1806..,. 17S.I 87 1 1,3*9 104,2*28 286.684 540,193
347,583 909,027
a limited sale and price* have ruled easy. ■ ■ §

THE

781

C H R O N IC L E

[VOL. LXV.

T he Sa les and P rices o f F utures at New York, are
In addition to above exports, our telegrams to-night also
give us the following amounts o f cotton on shipboard, not ihowD in the following comprehensive table.
cleared, at the ports named. W e add similar figures for
3
&
£ 2
C®
C
New York, which are prepared for our special use by Messrs.
otop a
a
P© f2 f|
i g o 2 -£ £ '
5* tj
v 3.
jtj0
0

ON SHIPBOARD, NOT CLEARED FOR—
Oct. 22 at

Other
Great
Britain. France. Foreign

Coast­
wise.

Leaving
slock..

Total.

2,431
5,593
4,000
100
None.
4.800
None.
None.

53,759
90.397
46.000
22.600
11,500
lh ,8 00
5,700
33.000

79,489
99,451
92,828
20,976
11,905
11,8*6
52,219
45,865

Total 1 8 0 7 ... 128,158

35,338 101,341 16,924

284,756

114,559

Total 1 8 9 6 ... 104,505
Total 1 8 9 5 ...
86.553

41,819 111,723 15,70S
44,912 91,277 23,964

363,7 .^ *
T*
246,706

©
►
2-rt

699,639
6*5,614

New O rleans...
G alveston.........
Savannah.......
C harleston.......
M ob ile ..............
New Y’ ork.........
Other p orts___

22,727
54.931
8,000
11,000
7,500
7,000
1,< 00
18,000

12,811 20,790
15.8*22 14.051
6,000 30.000
None. 11,500
None.
4.000
5.000
None.
4,« 00
700
None. 15.000

Speculation in cotton for future delivery has continued on
a moderate scale only, and the tendency of prices has been
downward. The principal depressing feature has been the
free offering from the South o f cotton both to Liverpool and
local dealers at declining prices and as there has been no force
to the buying power, either in a speculative way or for
actual trade wants, prices have gradually sagged under the
pressure of these free offerings. Trade conditions in cotton
goods have been reported as unsatisfactory both in Europe and
in the home markets, the price for print cloths in the domestic
trade having fallen to 2 ?gc. without stimulating buying, and ad­
vices received from Germany stated that it was contemplated
working the mills there on short-time. Reports from Lan­
cashire, Eogland, still report the labor situation in a preca­
rious condition. The continued open weather at the South
has also been favorable for the late crop, ar d this, too, has
bad its influence in depressing prices. Advices from the
Southwest have coutinued to report the movement of the
crop as held in check by the rigid quarantine measures against
yellow fever, and a number of the trade believe that as
soon as the quarantine shall have been raised, a rush of cot­
ton on the market from the pent-up districts will naturally
follow, which in all probability will have its influence
upon values. To-day the market opened firmer in response
to stronger foreign advices, subsequently weakened and de­
clined under free offerings of cotton from the South and sell­
ing by New Orleans prompted bv the heavy movement of the
crop. The close was steady, with prices 6 to 8 points lower
for the day. Cotton on the spot was quiet and prices de­
clined l^c. on Monday. To-day the market was quiet and
l - ' 6 c. lower, at
for middling uplands.
The total sales for forward delivery for the week are
754.S00 bales. For immediate delivery the total sales foot
up this week 2,060 bales, including — for export, 1 6 2 for
consumption, ----- for speculation and 1,900 on contract.
The following are the official quotations for each day of the
past week—October 16 to Oi tober 22.
Rates on and off middling, as revised Sept. 8 , 1897, by the
Revision Committee, at which grades other than middling
m aybe delivered on contract, applies to quotations begin­
ning with the 9th.
•Fair.............................. c.

Ion.

M iddling F air....................
Striot Good M iddling.......

Strict Low M iddling........
L ow M iddling....................
S trict Good Ordinary.......

G ood O rdinary.............. c.
G ood M iddling T inged.. .
Strict M iddling S tained..
Mid dling Stained..............
Strict Low Mid. StainedL ow M iddling S ta in ed ...

i i 1Bon.
% on.
s ,R off.
7le off.
is 16 off.

Good Middling................

on.

©©
©©

UPLANDS.

S a t.

M o il T u e s W e d

g iie
57s
6516
6&,e
7
S a t.

Low M iddling................
M id d lin g ....:.............
Strict M iddling...............
Good M iddling T inged.......

T il6
09, e
OtSi,
71)

Ohs

5S,e
6
0 7j6
641,e
7 l8

M o il T u e s W e d

416,,

STAINED.

M o il T u e s W e d

S a t.

GULF.
Good O rdinary..........................
Low M iddling.............................
M id d lin g ....:....................
Good M iddling................
M iddling F air.............................

51,6
5«J
0 'i e
67 8
6 79

413,8
534
54!
5 8482 5313
63,B 63,,

6*3*
66 fl

? 18

4 >
5%
5313i
6»,.

51,6
5%
Ojjl 6
67ifi
678

C m
O

§3
o

tL 8
1
534
63,6
67,„
67g

T il.

01
© ^©
©
©
©
©

SPOT MARKET
CLOSED.
8at’day..
Monday.
Tuesday
W ed’day
Th’d a y ..
Friday..
TotaL.

Ex­
port.

E a sy ..................
Lull at ^ d e c ...
n u l l ................
Dull...................
Dull...................
Dull at 3,e d e c ..

0 on- Spcc- Con­
sump. uVVn tract.
41

Sales o f
Total. Futures

100

” 27
30
64
....

162

::::

41
500
227
1,130
d
100

99,300
153.000
135,800
105,500
109 90^
151,300

1,900

2.060

754,800

500
200
1,100

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* Includes sales in September, for September, 81,900.
We have m olnded m the above table, and sliall oontinne ea ch
week to give, the average price o f futures each day fo r each m onth. It
will be fou nd under each day follow in g the abbreviation " A v ’ ge.” The
average fo r eaoh month fo r the week is also g iv en a t b ottom o f table.
1
®

SALES OF SPOT AND CONTRACT.

©

%

C to
O

F r i.

MARKET AND SALES.

® com!3

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MtO°M to to® M M K °M
MtO tO
©

544
515.6
63g
63e
71.6

413,6 4%
5%
51418
53 is. 529a*
63,0
6i8

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lig off.
Even.
7,„ off.
7, „ off.
'L off.
l% o ff

T il.

1

01

On this basis the prices for a few o f the grades would be
as follows.
G ood O rdinary...................
L ow M iddling....................
M id d lin g ..................
G ood M iddling....................
M iddling Fair........................

C-® ® &
T’ t ig x i
: » s*
i S .a g '
. H . fc :
O
7*
: P
1 a! “
. O) .
. o? . 7
p
; ®. • 1
: ®:

C*® 3
3
^■a ? o
:

“ For exchanges see page 787.

of C otton to-night, as made up b y
cable and telegraph is as follows. The Continental stocks,
well as as those for Great Britain and the afloat are this
week’s returns and consequently all the European figure
are brought down to Thursday evening. But to make the
to . 1 the complete figures for to-night (Oct. 2 2 ), we add the
Item of exports from the United States, including in it th e
exports of Friday only.

T he V isible S u p p l y

785

THE CHRONKJLF

O c t o b e r 23, 1897,J

1896.
1895.
1894.
1897.
t ^ e o T A T io s s f o b M i d d l i n g C o t t o n a t O t h e r M a r k e t s .—
S tock at L iv e r p o o l....... bales. 288,000 396,000 887,000 679,000 below are closing quotations of middling cotton at Southern
10,000
8.000
1.000
11,000
S took at L on d on .......................
ami other principal cotton markets for each day o f the week js
.
Total Great Britain stook. 292,000 406.000 893,000 690,000
25,000
11,000
32,000
26,000
Stock at H am bu rg...............
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
69.000 Week snding
38,000
53,000
99.000
Stock at B rem en......................
9,000
8,000
1,000
4,000
Stock at A m sterd am ...............
OH. 22.
Saiiir.
Tues,
Wed nee. I'hurs.
Mon.
F ri,
300
100
200
200
Stock at R otterda m ................
10,000
6.000
8,000
18,000 G alveston. .
Stock at A n tw erp ............... - 515,a
5VS
51Ble
6
5 7e
5’ S
53,000
82,000 255,000 263,000 New Orleans
Stock at H avre................. . . . . .
8
5%
5ts
5 «w
5%
5%
5.000
4,000
4,000
5,000 M obile........
Stock at M arseilles...........
oSg
5%
5%
5%
5*8
5=8
42,000
27,000
38.000
31,000 SavannalL. .
Stock at B arcelona................
59,6
59l6
59,6
59,6
591S
14,000
4.000
20.000
4.000
Stock at G enoa.........................
5*is
5%
39,6
5 »,s
8,000
21.000
23,000
29.000 Charleston..
Btook at T rieste........................
Wilmington.
5%
5%
5%
5»4
3%
6%
T otal Continental stocks.. 452,300 257,100 490,200 4 5 3 ,2 )0 N orfolk .......
615,g
6
5 78
5 78
518
5ia
63,0
B oston _____
63,3
63,0
63,
65IS
65,0
Total E uropean stocks.
414,300
6%
B altim ore...
6*4
6%
Big
6^9
39.000
37.000
16,000
6H
11,000
India cotton afloat fo r Europe
6%
6 >
A m er.ootton afloat fo r Europe 605,000 573,000 370.000 641,000 Philadelphia
5?3?0
O'S]*
b%
39.000
39.000
52.000
38,000 A u g u sta .....
f i 3ld
E gypt, Braril,Ao,,aflt.lor E'pe
5b
5%
578
|10!6
Stock in United States p o r t s . 69 9.31 51,0 63,3 91 902,520 821.317 Memphis—
515,6
6
516t6
5 « ie
Btook In U. S. interior towns.. 325,576 447,355 325.574 274 2(15 8t. L o u is ....
5Vg
5Ve
5^8
5 78
6%
5 78
45,107
48.822
52.16L
21,5.Jl H ou ston ___
United State* ex ports to-day.
0k,
C incinnati..
6k?
6%
file
61a
6%
T otal risible su oply .......... 2,189,59a 2,873,468 3,128,455 2,955,313 Louis v llle ...
631C
6
6
6<j*
6
6
Of the above, total g o i A m erican and other descriptions are a* follow s:
The closing quotations to-day (Friday) at other important
A m erican—
Liverpool stock .............b a les. 210.000 234,000 778.000 543.000 Southern markets were as follows.
107.000 1 St.OOO 412.000 305.000 Athens..............
Continental stoeks.................
N ash v ille ......... 5%
r>*t |Colmnbng.M iss
5%
American afloat fo r E urop e., 605.000 573.000 374.000 641.000 A tla n ta ............
5U ig
5% E ufanla_______
5B1e N otch es........ .
099,315 1,063,391 902.520 891.347 C harlotte.........
United StateB gtoek.................
R a leig h ............
L ittle R ook----5%
5%
United States Interior atooka. 325,578 447,357, 325.574 274 265 Columbus. G a..............I M ontgom ery...
S hreveport____ 5*8
52,161
21,301
45.407
43,822
U nited States export* to -d a y .
R e c e i p t s f r o m t h e P l a n t a t i o n s .— T h e following table
Total A m erican................. 1,992,298 2,583.363 3.8*8,255 2,806.113
Fast Indian, Brasil, dm.—
indicates cheactual movement each week from the plantations.
109,000 136,000
L iverp ool stock ........................
78,000
10,000
6,000
London stock— ................
4,000
11,000 The figures do not include overland receipts nor Southern
78,200 148,200 oonsuniption; they are simply a statement o f the weekly90,100
Continental stock *..................
45,300
39.000
37.000
16,000 movement from the plantations of that part o f the crop which
India afloat fo r E urope..........
11,000
52.000
39.000
38.000 finally reaches the market through the outports.
E g y pt, B raill, A c,, afloat.......
39,000
177,300
Total East India, A c......... 177,300 290,100 282,200 282,200 349,200
Total A m erican ................. 1,992,293 2,581,368 *2,8 i -1,255 2,606.113
R eceipts a t the Parts. SVk a t In te rio r Town*. R ce'p ti f r o m P ia n P n t,
W uk
T otal visible su p p ly .......... 3 ,1 69,598 2,873, UH 3,126.455 2,955,313
e n d ir t v M iddling Upland, L iverpool..
3%<1
4io.r ii
4%d.
3 t»t
1896.
1895.
1897.
1895.
1897.
1896.
m i . | 18C6, | 1895.
M iddling Upland, New Y ork.
6>«o
8e.
8*t«o.
51*1*®.
E gypt Good Brown, Liverpool
*l*,*d.
51*igd.
6M .
4 « i* d , Sept. I T .... 178,113! S45.1X?j 9l,fi80 129,601 223,091 68.73* 229,469 298,260 114,54-4
Peruv.Rousrh G ood, Liverpool
6>vt,
fit^ d .
6*»d.
&U,ed.
*
* 24....... 243,717)257,063 I4&.IS0 171,818 275,227 90.587 285,311 399,799 172,987
Broach Fine, L iverp ool..........
3%d,
4 i» n,d
3*,«d. Oet*
829,914 111,78-* 314,864 838,713 268,880c
283.478 288,0361217,85#
Tin neveliy G ood, L iv e rp o o l..
3l*t4d .
41, m1.
•|il,-,4.
3%d.
2
“
8 ..* ., m $ j m \ m s m 1 74 .4 ss 239,761 878,960 203.752 330.259 378,245 336.499

EL

a

iK

r*

IK

12 0
1,00

“
15 . .. 2SHJ80 837.67 7; 2^0,659 291.976 410,409 268,191 347,191 379,697 345,098
H f The imports into Continental ports the past week have
*
* 22
870,541 *380,57112*5.488 325.678 4*7,355 325,575 404,1*1 361,937 352,821
been 64,000 bales.
The above figures indicate a decrease in the cotton in sight
The above statement shows: 1.—That the total receipts
to-night of 703,870 bales as compared with the same daU from the plantations since Sept. 1,1897, are 2,061,595 bales; in
o f 1896, a falling off of 958,817 bales from the corresponding 1896 were 2 333,003 bales; in 1895 were 1,862,695 bales,
date of 1895 and a decrease of 785,715 bales from 1894.
2.—That although the receipts at the outports the past week

«

™

u

™

, t» ™

r

,r

r

for the week and stnoo September 1, the shipments for the interior towns. Last je a r the receipts from the plantations
week and the stocks to-night, and the same items for the for the week were 361,937 bales and for 1893 they were
352,821 bates.
corresponding period of 1896—is set ont in detail below
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 i n c e S e p t , 1 ,—

We give below a statement showing the overland movement
foi the week and since September 1. As the returns reach us
by telegraph late Friday night It is impossible to enter so
largely into detail as m our regular monthly report, but all
tne principal matters o f interest are given. T h is weekly
publication is o f course supplementary to the more extended
monthly statements. The results for the week ending Oct. 22
and since Sept, 1 in the last two years are as follows.

XC*

SS : 5 - sS
•
2 > hi

P1 1
:

Week.

tix
m —c. -s t y “ tajs® **p ** -XB ft *3^,f - p j~
*
f-iK • <$
tf © %
.m
0 mb V '«.*•*' m b is ft * s h x ~ b
*«>ft e ft x ft ft ta —ft *t- i -4
” 4J O O C I5 89 «*-C *cn
x g**-*sg * » M o a » ©
a o x o M O ^ w * - *j x
to
*-*
*o*p
* m
«*«?&*-* t .
f - p p *-*a m a fzp eem -x ©«•©■■o
..
f o >0»=
V a lb *o
*o
© h < to k b b % *. © W * #
« »V^ © ft © a x- cvx * .—© to © a) & © © & * © to ft x >« ©** * ! -t
“
" - -c c *
»
■
D »t0M I9M l6«OO6 *- to x —eam to cc cs x ts - *tc © —a w
• ©
©

1896.

1807.
October 22.

Since
S ept 1

Week.

Since
Sept. 1.

Via other routes, A c . . ................

31,525
10,351
4S0
1,714
3,181
1,887
2,740

107,579
46,035
2,027
3,465
10,6<-9
6,814
10,262

28,249
15,408
1,153
1,200
7,502
8,050
2,669

106,821
59.073
4,188
5,760
34,010
21,031
10,044

Total gross overland...........

51,084

137,491

64,231

240,933

10,240
542
570

27,709
1,503
6,535

9,193
223
691

37,055
532
7,551

“ ' f f i & i o u U i .................................
Via Cairo................................
Via Parker.................
C £

Via LoaiavtHe.........................

Ofd u d shipments—
Overland to N. Y,, B oston, Ao..
Between Interior towns...........
Inland, <fco., from South.............

BX
f t H-4& w*|-**a
10p»m p p p
<**o>5*»© a*ea»*8ib ca*-* b b b 'i - © mss*o '*"fllil “b *5 *
>
*"*'“ w m m
aj
3
3
twv 3*<5** ^ * f3 © <»C r ®
- ?i|5
X « t* A © S
OVOISMOh- WO« w *-• - »0©0»*MCC*-®0 5 ^-4|0<b.

45,738
33,747 10,107
be deducted............ 11,361
(weavingtotal net overland-.. 40,323 151,744 54,1 24 195,195
- Including m ovem ent by rail to Canada.
The f o r e g o in g shows that the week’s net overland m o v e m e n t
this y e a r has been 40,323 bales, against 54,124 bales for t h e
w e e k in 1896, a n d that for the season to date the aggregate n e t
o v e r la n d exhibits a decrease from a year ago of 43,451 bales.
T otal to

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b h* k *.m b b x © b o J» [
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/
'
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8
-

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i
;

The alwve totals show that thelnterior Stocks have increased
daring the week 32,610 bales but are now 131,779 bales less
than at same period last year. The receipts at all the towns
have been 31,363 ba!«* more than same week last year and since
Sept.l they are 99,215 bales Im* than for same time in 1896.

1897.
In Sight and Spinners’
Tattings.

Week,

Since
Sept. X.

1896.
Week.

Since
Sept. 1.

-teoslpt* at ports to Oct, 2 2 ......... 370,541 1,781,095 330.571 2,006,302
let overland to Oct, 2 2 ................. 40,3-23 151,744 54.124 185,195
tnsitbern consum ption to Oct., 22

21,000

162,000

3 9,000

141,000

Total marketed......................... 431,804 2,094,839 403,0°5 •2,312.497
■nterior stock* in excess............... 33,000 2«O,5O0 31,306 326,781
135,001
Catne Into sicht d erin g w eek. 485,464
2,375,339
2.809,258
Total in sight Oet. 2 2 ,............
North’n sp in n erstak ’ gs to Oct. 22 ” 5fL0O7

355,662

62,331

350,187

It will be seen by the above that there has come mto sigh
during the week 465,464 bales, against 43,5,081 bales for th
same week of 1896, and that the d eor-s- in amount in sigh
to-night as eoroparnd with last year is 203,919 bales.

786

THE

C H R O N IC L E .

W eather R eports B y T e leg ra ph .—Reports to us from
the South this evening by telegraph denote that as a rule
the weather conditions have been favorable during the week.
Rain has fallen in many localities, but except at a few points
in T e x a s and along the Atlantic the precipitation has been
light and picking has consequently been interfered with to
only a limited extent. A few correspondents report that
picking is nearly completed The marketing of cotton contiues oq a liberal scale, although hindered at some points by
yellow fever quarantine.
Galveston, Texas.— W e have bad rain on one day of the
week, the rainfall being seventy two hundredths of an inch.
Average thermometer 75, highest 84 lowest 6 6 .
Palestine, I'exas.— We have had beneficial rain on one day
during the week, the precipitation reaching one inch and two
hundredths. The thermometer has averaged 73, the highest
being 90 and the lowest 56,
Huntsville, Texas.—There has been rain on one day during
the week, to the extent of eighty hundredths of an inch.
The thermometer has averaged 74, ranging from 60 to 89.
Dallas, Texas.—Picking is advancing rapidly. W e have
had rain on one day during the week, ilie rainfall being
thirty-five hundredths of an inch. The thermometer has
ranged from 52 to 8 8 , averaging 70.
San Antonio, Texas.—Rain has fallen on two days of the
week, to the extent of sixty-six hundredths of an inch.
Average thermometer 74, highest 8 8 and lowest 60.
Luting, I'exas.—W e have had heavy rain on three days of
the week, the precipitation being four inches and twentyfive hundredths. The thermometer has averaged 74, the
highest t eing 87 and the lowest 62.
Columbia, Texas.—There has been rain on three days of
the past week, to the extent of one inch and fifty-two hun­
dredths. The thermometer has averaged 76, ranging from
63 to 8 8 .
£ Cuero, Texas.—It has rained on two days of the w-ek. the
precipitation being one-inch and ninety-eight hundredths.
The thermometer has ranged from 61 to 8 6 , averaging 74
Brenham, Texas.—Cotton is about all picked. There has
been rain on two days during the week, to the extent of
ninety-three hundredths of an inch. Average thermometer
75, highest 90 and lowest 60.
Fort Worth, Texas.—We have had rain on one day during
the week, the precipitation being fifty hundredths of an inch.
The thermometer has averaged 70, ranging from 52 to 87.
Weatherford Texas.—Rain has fallen heavily on one day of
the week, to the extent of one inch and fifty-two hundredths.
The thermometer has ranged from 51 to 8 6 , averaging 6 8 .
New Orleans, Louisiana.—We have had rain on one day
during the week, the rainfall being eleven hundredths of an
inch. Average thermometer 78.
Shreveport, Louisiana.—We have had rain on one day dur­
ing the week, the rainfall reaching four hundredths of an
inch. The thermometer has averaged 75, the highest being
89 and the lowest 59.
Columbus, Mississippi.—It has rained on one day of the
week, the precipitation reaching five hundredths of an inch.
The thermometer has averaged 7 ', ranging from 40 to 89.
Leland, Mississippi.—There has .been no rain during the
past week. The thermometer has ranged from 46 to 94,
averaging 72-3.
Vicksburg, Mississippi.—Rain has fallen on four days of
the week, but too lightly to measure. Average thermometer
72, highest 87, lowest 57.
Little Rock, Arkans •
s.—There has been only a trace of rain
during the we-k. The thermometer has averaged 73, the
highest being 89 and the lowest 54.
Helena, A rka■s <s.—Cotton is being picked and marketed
rapidly. There has been no precipitation the past week but
there are slight indications for rain to day, The thermom­
eter has averaged 67, ranging from 47 to 80.
Memphis, Tennessee — We have had dry weather all the
week. The thermometer has ranged from 57 to 87-2, aver­
aging 72.
Mobile, Alabama.—Rain has fallen on two days of the week
to the extent of ten hundredths of an inch. Cotton picking is
making rapid progress and is nearing completion in many
sections. The thermometer has averaged 71, the highest
being 8 6 and the lowest 6 6 .
Montgomery, Alabama.—There has been rain on two days
o f the week, the precipitation reaching twenty four hun­
dredths of an inch. The thermometer has averaged 70, rang­
ing from 61 to 78.
Selma, Alabama.—The fathering of the crop continues to
make rapid progress. We have had rain on two days during
the week, the rainfall being twenty-two hundredths of an
inch. The thermometer has ranged from 51 to 8 8 , averag­
ing 6 8 .
Madison. Florida —Rain has fallen on two days of the
week, to the extent of one inch and ten hundredths. Average
thermometer 75, highest 8 6 and lowest 62.
Savannah, 'Ivorgia.—It has rained on four days of the
week, the rainfall reaching six inches and seventy-two huntRwlths. The thermometer has averaged 69, ranging from

[VOL. LXV

hundredths. The th rmometer has averaged 70, the highest
being 79 and the lowest 63.
Stateburg, South Carolina.—There has been rain on two
days during the week, the rainfall reaching one inch and
seventy-three hundredths. The thermometer has averaged
64'6, ranging from 54 to 79.
Greenwood, South Carolina.—W e have had rain on two
days of the week, the precipitation being one inch and fortyone hundredths. The thermometer has ranged from 55 to 73,
averaging 64.
Wilson, North Carolina.—Rain has fallen on two days of
the week, to the extent of one inch and >eventy-six hund­
redths. Average thermometer 65, highest 80 and lowest 49.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock October 21, 1897, and October 22, 1896.
Oct. 21, '97.

Oct. 22, ’ 96.

Feet.

Feet.

3*5

3 4

Sew Orleans......
Vtemphis............
Sashville............
Shreveport.......... ........Below zero of gauge.

0 4

40
0-8

0 3

14
*1-8

Vicksburg.............
* B elow zero of gauge.
J u t e B u t t s , B a g g i n g , & c . —There

3 3

71

has been only a very
moderate inquiry for-ju te bagging during the week under
review, but at unchanged quotations. The close to night is
at 53^e. for \% lbs., 5 ^ c. for 2 lbs. and 6 %c. for 2% lbs.
Car-load lots of standard brands are quoted at 5J^c. for 1%
lbs., 5yz a. for 2 lbs. and 6 ^ c . f o r 21^ lbs. f. o. b. at New York.
The market for jute butts shows no animation. Quotations
are 87%@9f>c. for paper quality, lj^c. for mixing and
for
spinning cuttings, all to arrive. Spinning cuttings on the
spot are quoted at l% c. and paper quality at lc.
India C otton M ovement F rom

P o r ts .—The receipt

all

and shipments o f cotton at Bombay have been as follows for
the week and year, bringing the figures down to Oct. 21.
I'HTBAV R^WTPTH \NO RHTPltfFVTS FOR FOFP Yv
Shipments this week.

Shipments since Sept. 1.

Year Great Conti­
Great
BriVn. nent. Total. B ritain

Conti­
nent.

1897
1896
1895
1884

6,000
43.000
31.000
12.000

1,000

1,000

4,000

.........

4,000

1,000
5,000

.........

Shipments f o r the week.
Great
B ritain.

Conti­
nent.

Calcutta—
1897.........
1896........
Madras—
189 7.........
1896 .......
11 others—
1897
....................
1,000
3,000
1896.........
Total all—
1897........
1896.........

Total.
6,000
44.000
31.000
17.000

Since
Sept. 1.

6.000
5.000
9.000
3.000

15.000
50.000
72 000
23.000

Shipments since Sept. 1.
Great
B ritain.

Total.

2,000
1,000

Receipts.
This
Week.

Continent.

Total.

4.000
4.000

4.000
5.000

2,000
1,000

1,000
6,000

3.000
8.000

4.000
14.000

1,000
2,000

2,000
5,0u0

5.000
8.000

10,000
12,000

15.000
20.000

3.000
3.000

1.000
3,000

1,0<J0

4.000
6.000

6,000
15.000

17.000
24.000

23,00 q
3 9 ,0 0 o

EXPORTS TO EUROPE FROM ALL fN DIA.

Shipments
to all Europe
from —
B om b a y ..........
A lloth er ports
Total

1897.
This
week.

1896

Since
Sept. 1.

This
week.

1895.

Sin l
Sept, i

This
week.

Since
Sept. 1.

1.000
4,000

6,000
23,000

6,000

44.000
39.000

4.000
8.000

31.000
43.000

5,000

29,000

6,000

83,000

12,000

74 000

ALEXANDRIA RECEIPTS AND SHIPMENTS.

Alexandria, Egypt,
October 20.

1897.

Reoelpts (oantars*)___
This w eek....... ...........
Since Sept. 1 ..............

280.000
809,000
Since
This
week. Sept. 1.

Exports (bales)—
To Liverpool
To C ontinent*. . ..

17,000
7,000

1896.

1895.
300,000
1,035.000

290.000
930.000
Since
This
week. Sept. 1.

30.000 16,000
33.000
5,000

This
Since
week. Sept. 1.

43.000 19,000
24.000 9,000

48.000
25.000

24,000 63,000 21,000 67,000 28,000 73,000
T otal E urop e.
* A -oantarts 98 pounds.
t Of 'vhioh to America In 1897, 1,579 bales; In 1896, 3,015 bales; in
1895, 3,479 bales.
M a n c h e s t e r M a r k e t . —Our report received b y cable

to-night from Manchester states that the market is firm fo
both varns and shirtings. Merchants are not willing to pay
present prices. We give the prices for to-day below and
leave tho-e for previous weeks of this and last year fo r
comparison.
1897.

1896.

8*4 lbs. Shirt­ OotVn
8*4 lbs. Shirt­ OotVn
32* Oop. ings, common Mid. 32s Oop. ings, common Mid.
Twist.
Twist.
Tfplds
TTplds
to finest.
to finest.

Augusta, Georgia.—There has been rain on three days
a.
a. s.
during the week, the rainfall reaching one inch and thirty- Sp. 17 6*4 ®7i8 4
1 24 63,e ® 7is 4
four hundredths. The thermometer has ranged from 54 to
6
Oct. 1 61,6 ® 7 1 4
83, averaging 6 8 .
“
8 618 ®78 8 4
Charleston, South Carolina.—Rain has fallen on four days “ 15 63s ®73ie 4
o f the week to the extent of six inches and seventy-eight " 22 6 is ® 73,. 4

a.
s.
1>3®6
1 96
1 ®6
lia ® 6
lis ® 6
lia ® 6

s. d.
s d.
d.
d.
a.
a.
7 la 4116 6 15ie ® 7 78 4 8 ^ 7 2
7% 331.2 678 ^713 0 4 7 ^ ® 7 2
7*3 321.2 6i3lfi^ 73i 4 7 ®7
8
321.2 6 11x6® 758 4 6 ^ 7 0
321.2 6®8 ^ 7*2 4 512&611
9
9
358 6*3 -^738 4 5 &6 10*2

d.
42I32
4 u ie
41*16
4*2
4^16
4*03

THE CHRONICLE.

OCTOBER 28 J.SU7. j

787

S e a I s l a n d C o t t o n M o v e m e n t , — We have received this
Below we add the clearances this week of vessels carrying
(Friday) evening by telegraph from the various ports the cotton from United States ports, bringing our data down to
details o f the Sea Island cotton movement for the week. The the latest dates:
receipts for the week ending to-night (October 23) and since Galveston —To Liverpool -O ct. 1 5 -S tea m er M exican, 7,626___Oot.-iB
—steam er Cromwell, 7 ,2 78__ Oct. 31—Steamer A id worth, 5,429.
Sept, 1, 1897, the stocks to-night, and the same items for the
To Manchester—Oot. 20—Steamer Bawtry. H,8ol.
corresponding periods o f 1896, are as follows.
To Havre—Oet, 21—Steamer Netherby Hall, 9,000___Oot. 21—
1897.
Receipts to Oct. 22.

Stock

1896.

This
Since
This j Since
w eek. Sept. 1. week. Sept. 1. 1897.

1896,

Savannah ..........................
Charleston, & e . . . . ....... .
F lorida, <ko........................

2,839
409
150

8,608
1.303
326

4,408
75!

22,898 12.569 18,060
3,27* 2,215 3,118
429 2,930

T ota l............................

3,398

10,295

5.249

26,172 15,213 24,106

The exports for the week ending this evening reach a total
of $10 bales, of whioh 810 bales were to Great Britain,
to France and — to Reval, and the amount forwarded
to Northern mills nas been 332 bales. Below are the exports
for the week and since September 1 in 1897 and 1896.
E xports
from —

Week Bnding Oct. 22. Since Sept. 1, 1897.
Great Fr’ nce
Brit’n, dkc.

8 ’ vann’li, <fce
0 h » r r t 'n (4 e
%>
Florida, Aa.
N ew Y ork .. ” 316
Phlla., A c ...

......

T o ta l........

1.115

"3 1 0
......

"io i
52

500
"200

Sine
Week. Sept.,
182

989
326

“ 60i
52

.......

......

......

North’ n Mil t.

150

500
......

io

. .. . .

310

310

Total 18 96..

Total.

Or eat Fr’ nce
Total.
Brit’n. dc.

150

953

200

L I 53

832

1,325

1,265

2.677

1.088

3.743

197

1,258

R evision op Cotton G rades .—L e s s F requent Meetings
op Committee to be Held .—The members o f the New York
Cotton Exchange on Wednesday last passed upon a proposition
of the Board of Managers for less frequent meetings o f the
Committee on Revision o f Spot Quotations, which has power
to fix and alter the “ differences" between the various grades
and “ middlin ■ cotton, which is taken as the basis. The
”
rules of the Exchange provided that this committee should
meet on the second Wednesday of every month, except July
and August, bat the Board of Managers proposed that meet­
in g s should be held but twice a year, v i z ., on the second
Wednesday o f September and the third Wednesday of No­
vember, At the meeting of the members o f the Exchange
called last Wednesday this recommendation was adopted by
a vote of 88 to 22, as well as the farther one that the
committee he raised from nine to seventeen.
E x c h a n g e s .— The following exchanges have been mad*
during the week:

Steamer Sevan, 8.515.
To Hamliorg—Oct. 1 3 -S tea m er Polaria, 600.
N e w O rleans to Liverpool—Oer. 1 6 —Steamer Palentino, 3 ,3 7 0 ....
Oct. 21—Steamer Darien. 4.503
T o M anchester- Oct i 5 —
Steamer Sprinatield, 2.010.
To Dublin—Oot. 2 1 —Steamer Kam irt Head. 3,272To Havre Oct. 16—Steamers Beoridgr, 6,200: Iran. 15.325.
To B arcelona Oet. 25—Steamers Cadiz. 2,7S0; J. J over Serra,
1,762.
To Genoa—Oet. 1 5 —Steamer Cadiz, 5,432 . . . Oet. 19 -S tea m er
Ahbazla. 2 ,1 9 3 ... O et 20—Steamer Miguel Gallart, 5,500.
To sautaodar—Oct. 15—Steamer J. Jov er 8erra, 1.000.
'J o Malaga—Oot. 15—Steamer J J over Serra, 1,500.
To Corunna—O c t 15—Steamer Cadiz. Si 0.
Pensacola —To Bremen—Oet 2 1 —Steamer Acanthus, 6.5C0.
Savannah — lo Hamburg—Oot. 2 1 —Steamer Highlan ier, 4,400.
To Bremen - Oet 15—Steamer Wolfsburg, 6 ,5 7 5 ...O ot. 19—Steamer
Worsley Hall, 8,954.
To G en oa -O ct, 15—Steamer Huron. 6,759.
To B areelooa-O et. 20 Steamer Bona, 6,630.
B runswick — To Liverpool -O o t. 16—steamer John Bright, 5,335.
c h a r l e s t o n —T o Liverpool—Oot ■
Steamer Verbena, 4,464.
To Bremen—Oct. 16—Steamer War, 11,605.
W ilmington — To Liverpool—Oct 15-S team ers Jeansra, 10,531; M anninctry, 9,( 86 Oot, 16—Steamer Anaoes, 7,800.
To U h en t-O ct. 20—Steamer lorvon u , 4,9 ‘U
.
SfOBPOLK-K> Liverpool Oot 19—steam er Pinner'a Point, 7 ,3 5 0 ....
Oet. 2 1 - Steamer Laucelet, 5,666.
B oston To Liverpool—Oct. 1 5 —
Steamer Catalonia. 8 9 3 — Oot. 19—
Steamer Sagamore, 1,506
Oot. 19—
Stoamcra Armeniau, 6,289;
SySvanla, i,5 8 L
,
To Ynr> outh—O o t 21—Steamer Boston, 100.
T,I -t. Pierre, Mill —Oot 2 1 —Bark Us Bousselaln, 3.
B ai . i vurk f o U verp ool-O ot. 2 ) - Steamer I'ainpluiore. 1,808.
To Bremen—Oct 15—Steamer Ellen Rickmars, 2,597___Oot. 2 0 Steamer Munclien. 2.496.
To Rotterdam—Oet, 15—Steamer Venango, 188.
P hilahki p h i \ i n Liverpool—Oet, 15—Steamer Belgenland, 600.
to Antwerp-Oet. 20—
Steamer Nelerland, 300.
S an F kanoirco —To Japan—Oet 21 -S team er China, 1,250.
T acom a — to Japan—Oot. 16—S teaner Victoria, 750.

Below we give all news received to date of disasters to
vessels carrying c o t t o n from United States p o r t s , & c . :
JlArriELU, steamer (Br.), from Charleston for Bremen, wluoh put into
Norf Ik with cott in tn her hold aflre, tw o weeks since, was ready
tn sail Oet 18. when It was tlHoovered that the Are had broken
out afresh,
R o t h e u k l ii , steamer (B r ), at Charleston, for Liverpool. F ire was
discovered Oot 17 lu fo wanl no apartm ent o f stoam shlo Ruth9lield, loading eotton fo r Liverpool, fh ecom partm au t, which held
1.5 iO bales o f upland eotton, was flioded and the tire ex tin ­
guished. The damage by Ure and water Is not y et estimated.
Cotton freights at New York the p a s t week have been

aa follows.

Mon.
Fr%.
Satnr,
Tuet. Wcdncs. Thurt.
•02 pd. to exeh. 200 Deo. fo r Jan.
-09 pd. to exeh . i ,ooo Oet. for Meh,
U verpool,a»ked.d,
281
h
h
>e
*9
H
•08 pd. to exeh, 100 Jan. for Meh.
•02 pd. to exeh. 100 Nov. for Oct.
Havre............... c. 35-37 Mi 35-371*1 35-37>sl 35-37tsi 35-371*1 35-37 hit
•04 pd, to e x eh . 500 Oet for Mch. •10 pd. to exeh . 500 D*c. for Meh.
•08 pd. to exeh . 210 Jan. for Mrh. •02 pd, to exeh . 800 Oet. for Jau.
35t
35t
Bremen ............ d.
351
351
351
351
•23 pd. to *xvh. 1,000 Jan. fo r July. •22 pd, to exeh. 800 Jan. fo r July.
301
301
301
Hamburg....... ,..d ,
301
301
301
■0* pd. to exeh. vOO Jau for Feb.
*02 pd. to exeh, 600 Oet. for Jan,
351
•03 pd, to exeh. 1,700 Oet, fo r Jan. •08 pd. to e xeh . 100 Mch. for May.
351
351
Amsterdam........ c.
351
351
351
'06 pd. to exeh . 100 Nov. for Jan.
■16 pd. to exoh. 500 Jan. for May.
501
501
501
Reval, v. Hamh..tf.
501
501
501
•03 pd, to exeh, 100 Dee. fo r Jan,
*ot pd. to exoh . 200 Nov. fo r Jan.
48t
Do ▼ H a ll...d.
.
481
48t
481
481
481
*05 pd. to exeh, 500 Nov. fo r Jan.
•10 p d. to exoh . 100 Deo. for Meh.
351
351
0 3 pd, to exeh. 1,000 Nov. f o r Deo.
351
35t
R otterdam .........d.
351
351
40 f
401
401
G en oa .............. d.
401
401
401
S h i p p i n g N e w s , — T h e e x p o r t s o f c o t t o n f r o m t h e U n ite d
Trieste.................d.
ho
’ 38
S ta te s t h e p a s t w e e k , a s p e r la te s t m a il r e t u r n s , h a v e r e a c h e d
Ho
7.48
ho
Antwerp..............d. l b 4 * 318
171,821 ba les.
» 8 4 ® 318 n 04® 3tc n 64®318 11S4®S16
Total bale?.
Ghent, v.Antw'p.tf.
“ c . ® 7sa M*4®7S3 13e*®732 1584®733 i36* ®''SS
N ew Y o r k —To Liverpool, per steam er Nomadic, 2,18* upland
1 Cants n et per 100 lbs.
20 and 8ea Island ....................................................................... 2.184
i,3 ii
To Hull, per steamer Colorado, 1.331........................................
L iverpool.—By cable from Liverpool w© have the follow To ( ondoo, per steamer Megan no, 134.................... ................
13*
ing statement of the week’s sales, stocks, & o„ at that port.
952
To Havre, per stepi,era La Bretagne, 102 ...B ltogeby, 850
To Bremen, nor steamer Karlsruhe, 2,318.. ____ . . . ...
2.318
To Hamburg, per steamers Patrla. 775 ... Iv m , z m
...
Oct. 15.
Oct. 8.
075
Oct 1.
To Antwerp, per steamers Beltons, 3 0 0 ___Kensington, 100
400
fcH,00G
T o Naples, per steamer Eras, 8 3 .1 ........ ..................................
67.000
58.000
*13
Sales o f the w eek.......... bales.
48.000
1.900
To Venice, per steamer Peeontc, 1 ,1 1 0 ..........
................. 1,11 >
2,600
4,-200
3.000
Of wbtoh exporters t o o k ...
1.900
» * w ORLKHS—To Liverpool, pi r *te»m«J8 Hogarth, 2 ,4 9 5 ....
900
300
200
O f which speculators took.
60,000
Legislator, 4.600 ....M ir a , 5 ,3 0 0 .... Musician, 8.2u0.......
52.000
60.000
Sales A m erican ........................
41.000
3,000
Texan, 3 ,8 1 1 ........................................... .................................. 21.406
4,000
3,000
3.000
61,000
To H vro. e re i earner Blenheim. 0 ,0 2 4 ....... ..........................
64.000
U.021
Forw arded.......................... .
55.000
50.000
To Dunkirk, per steamer Helen, 1,725 ..................................
1 ,7 2 5
297.000 281,000 261,000 288,000
Total stock—Estimated..........
2 no
To Itonen, per *te <ruer Oarton, 200....... ..................................
Of which Am erican—Estm’d 207.000 202,000 182,000 210,000
41.000
93.000
To Bremen, per steamer Veiled a, 6,900.............. . . .......... ........ 8,000 Total Import o f the week. .. .
20.000
11.000
37.000
86.000
15,000
T o Hamburg, n r steamer Parthta, 500 ..................................
500
7.000
Of which A m erican..............
171,000 286,000 291.000
G alveston — !*■ Liverpool, per steamers Gnldo, 7,7 80.......
83.000
Amount afloat...........................
Spnttgwell, 4.857 ..................................................................... 12.637
O f which A m erican..............
82.000 1 70.000 285,000 290.000
To Manchester, per steamer Dowgat*. 6 .8 3 9 ......... ................
8 3 -9
The tone o f the Liverpool market for spots and futures,
T o H svre, per i t j . m - t Stanley Hall. 11.105............................ 11.405
To Bremen, par steamer Fetepiana, 4.44 : ............................. 4 ,5 4 '
each day o f the week ending Oct. 23 and the. daily closing
T o Hamburg, per steamer Etffal Tower, 373 ..........................
-173 prices o f spot cotton, have been as follows.
1 o Antwerp, per steamers Carltyha. 2.947 ...M a o ri, 9 5 4 ... 3,901
MOBILE To l.iverteiol. per steatne- Montgom ry. 6.310. ........... 6,310
4,543
P bnsacola - T o Liverpool, p »r steamer Alicia, 4.5 43___
___
Spot.
Sal'day. Monday. Tuesday. Wed'clay. Thursd'y F riday.
8AVANNa H
—To Livepm ti, per steamers Pookllngr.m, 3,100 up­
land and 2)12 "ea Isla n d ...,S tm th is1 8,279 upland and
a,
Market, )
buyers' Firmer,
208 8 a I s la n d ......................................................... ................ 11,879
Steady. M favor.
1:45 r. M.j; Irregular. Steadier. Easier.
To Bremen, per steamers North Gwalta, 5 ,9 5 0 .... Westwater 6 5 7 5 ............................................................................
12.52 >
Mid. UpTds.
3%
3W33
3U 6
311,8
358
3=8
To Ft v .1, per s le a m e -- ith rland, 6,200 ............................... 6.20J
B ru n sw ic k —f o 1 lverpool, per steamer St. Irene, 7.5 00______
7,500 8alce............
10,000
10,000
12,000
7,000
10,000
12,000
Ch a r i .&STu s —To Liverpool, per steamers Beoollff, 5 ,6 2 4 ...
1.000
500
500
500
1,000
1,000
S M iM o r , 9.033
.................................................................. 13,657 Spec. & exp.
B d t t o s • Liver go >1. oer steamers Canada, 3,195 ...O ephaFutures.
inate. 884 ...M foh lgsn, 1,3 43.__ Philadelphian, 2,088 . . .
at
Market, ) steady at Steady af Rasyde­ Steady at. Steady. Steady at
Roma i. 2,314
..................................... ................................ 10,202
1-H ad­
4
Mil de­
1-64
UtH ad­
1:45 I'. K, (
T o Bill!, per steamer A ! m s i .863 . . . ...... .................. .......
1,883
vance.
vance.
cline
cline.
vance.
50
T o H alifax, per st araer ttatlfax, 5 0
................
..........
3,074
B altim orx — t o Liverpool, per steamer Vedamore, 3,074..........
Barely
Market, ')
Quiet.
Easy.
3Sany
Weak.
Steady.
900
To Havre, per steamer Uarra irtbeashire. 9 0 ..... ....................
steady.
4. r. M. j
170
PBil a b b l c h ia — f o Liverpool, per steamer Indiana, 179............
550
To Antwerp, per steamer Pennsylvania, 550...........................
The prices o f futures at Liverpool for each day are given
2,850
8 A » F ravowco —T o Japan, por steamer D oric, 2,650 ................
T o t a l..

__ ____________________

171,821

below. Prices are on the basis of Uplands, Low Middling.
clause, unless otherwise stated.

THE

788
ITloii.
041. 16 to
Oct. 22.

T ues.

W ed.

T h u rs.

CH R O N IC LE .

O c to b e r ....
O c t.-N o v ...
N ov .-D ee...
D eo.-J a n ...
Ja n .-F eb. . .
F eb.-M ch ...
H ob.-A pril.
April-M ay..
H ay-Jun e..
June-July..,
J u ly -A u g ...
A ug.-Sept..

d.
d. ' d. \ d.
d.
d,
3 3 s t 33 3 35; 3 32 3 30 3 31
*
\ 2 - 3 26 3 28 3 25 3 23 3 24
a
3 2 3 23 3 25 3 22 3 21 3 21
|3 24 3 23 3 25 3 22 3 20 3 21
3 2* 3 23 3 25 3 22|3 20 3 21
'3 25 3 23,3 2 s 3 22 3 21 3 21
3 2 > 3 24 <26 3 2 3 ;3 2 1 3 22
<
3 2 »s 3 25| 3 27 3 24 3 22 3 23
[3 2 3 26; 3 28 3 25 3 23 3 24
3 2- 3 27 3 29 3 25 3 24 3 25
3 21) 3 27 3 30 3 2 :,3 25 3 26
i ....

d.
3 31
3 24
3 21
3 21
3 21
3 21
3 22
< 23
3 24
3 25
3 28

3
3
3
3
3
3
3
3
3
3
3

d. i d
29 3 29
22 3 22
20 3 19
19 3 19
19 3 19
20,3 19
21 3 20
22 3 21
23 3 22
23 3 23
24 3 24

3
3
3
3
3
3
3
3
3
3
3

DAILY CLOSING FRICES OF NO. 2 MIXED OATS.

F rI.

12*a 1 1 :45 4 1:451 4 1:45 4 ll:4 5 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.

d.
d.
d
30 3 32 3 31
2313 25 3 25
21 3 23 3 22
20j3 22 3 22
20; 3 22 3 22
20 3 23 3 22
21 3 23 i3 23
22 3 24 3 24
23 3 25 3 25
24 3 26 3 26
25 3 27 3 27

B R E A D S T U F F S.

[VOL. L X V .

Sat.
October d elivery............ o. 23*4
Decem ber d elivery........o. 23 Si

Mon.

Tues.

Wed.

Thurs.

223j
23*4

22^
2 3 *4

223*
233a

22^8
23^

F r i.
231
*
23\

B a r le y h a s h a d a la r g e sa le a t th e W e s t to m a lts te r s ta
s te a d y p ric e s.
R y e h as b een m o d e r a te ly a c tiv e fo r e x p o rt
an d ste a d y .
T h e f o l l o w i n g a r e c lo s i n g q u o t a t i o n s :

F in e ......................... $2 25
Superfine................ 2 9 *
Extra, N ►2 .......... 3 20
.
Extra, No. 1 ........... 3 40
C lears...................... 4 15

@ 2 80
@ 3 10
” 50
@3
@4 00
@4 45

Patent, W in te r ___ $4 85 @ 5 15
C ity mills, extras
5 30 @ 5 40
R ye flour, superfine 2 90 @ 3 55
Buckwheat flo u r... 1 5 0 @ 1 6 0
Corn meal—
S r a ig h t s .................. 4 5 0 @ 5 00
Western, etc......... 1 70 @ 1 90
Patent, Spring. . 4 85 @ 5 30
Brandywine . ...
195
[Wheat flour iu sacks sells ao prices below those lor barrels.
GRAIN.

Friday . October 28. 1897.

Wheat—
o.
o.
Corn, per bush—
c.
c.
Sprine, per bush.. 94 @ 103^2
Western m ixed ............ 30 @ 33
Red W inter, No. 2.1 003g@ l 023q
No. 2 m ixed ................3 0 58@ 32;I
*
Red W iuter............ 94 @ 103
Western Y ellow .......... 32 @ 34
Northern, No. 1 ... 99M?t> 9 9 7s
W estern W hite............ 32 @ 3 4
Oats—M ix’d,perbsh. 224i@ 25
R ye—
W hite........................ 243*3. 32
W estern, per bu sh_ 49 @ 53
_
No. 2 m ixed .
.. 23 @ 24
State and J e rse y ......... 48 @ 53
No. 2 w h ite ............ 253*@ 26
B arley—W e s te r n ..........47 @ 55
F e e d in g ....................... 35
@ 37
Ex p o r t s o f B r e a d s t u f f s , P r o v is io n s , C o tt o n a n d
P e tr o l e u m . — T h e e x p o r ts o f th e se a r tic le s d u r in g th e m o n th

T h e v o lu m e o f b u s in e s s tr a n s a c te d in t h e m a r k e t fo r w h e a t
flo u r h a s b e e n on a lim it e d s c a le o n ly . T h e la r g e r b u y e r s a s a
r u l e h a v e b e e n r e c e i v i n g s u f f i c i e n t s u p p l i e s o n c o n t r a c t s t o fill
t h e i r w a n t s ; in f a c t t h e y h a v e b e e n u n a b l e i n s o m e i n s t i n -eg
t o t a k e s t o c k o f s p r i n g - w h e a t f lo u r a s f a s t a s d u e , a n d m i l l s
h a v e f o u n d it n e c e s s a r y t o c a r r y t h e s u p p l i e s .
T h e export
d e m a n d h a s 1 e e n q u i e t ; a s a c o n s e q u e n c e t h e n e w b u s in e s s
tr a n s a c te d h a s b e e n lim it e d t o p e d d lin g s a le s , a n d to h a v e
m a d e tr a d e s o f im p o r ta n c e i t w o u ld h a v e b e e n n e c e ssa ry f o r
o ' S e p te m b e r , a n d th e n in e m o n th s , f o r th e p a s t th r e e y e a r s
m ills to g r a n t m a t e r ia l c o n c e s s io n s in p r ic e s.
R y e f lo u r h a s
h ave oeen as fo llo w s :
b e e n q u ie t an d e a sy .
B u c k w h e a t f lo u r h a s s o l d s l o w l y a n d
p r i c e s h a v e f u r t h e r d e c li n e d .
C o r n m e a l h a s b e e n in l i m i t e d
1897.
1896.
1896.
Exports
d e m a n d a n d e a sie r.
T o - d a y t h e m a r k e t f o r w h e a t f lo u r w a s
from 0. S. September. 9 Months. September. 9 Months September. 9 Months.
f a i r l y a c t i v e a n d f ir m e r .
Quantities.
T h e r e h a s b e e n o n ly a v e r y m o d e r a te a m o u n t o f a c t iv it y to
Wheat.bush 20.484,971 62,8'9.703 11,058,694 52,1-4,317 5/03,877 47.954,583
t h e s p e c u la t iv d e a lin g s in t h e m a r k e t f o r w h e a t fu tu r e s , a n d
Flour... bbls
1 196,4 5 9,271.559 1,464,027 11,422,90-1 1,395,188 10,201,904
n o c h a n g e s o f a r a d ic a l n a tu r e h a v e o c c u r r e d in v a lu e s .
S a t u r d a y th e r e w a s a s li g h t u p w a r d tu r n to v a lu e s o f
on
, heat....bu. 25.868,838 101,5-1,784 17,640,810 103,58', 073 11. 85,223 94,133.101
V
m o d e r a te b u y in g b y sh o rts to c o v e r c o n tr a c ts , s tim u la te d
Corn... bush. 17,089,972 147,418.710 12,930,291 88,009,380 5,509,421 35,080.002
b y t h e la r g e e x p o r t c le a r a n c e s fo r th e w e e k a n d p r e d ic tio n s
Tot. bush. 42,958.810 252.000,50 J 30,577,107 191,597,053 10,854,017 129,813,703
o f a d e cre a se d m o v e m e n t o f th e c ro p in th e N o r th w e s t . M o n ­
Values.
$
$
1
$
$
t
d a y t h e r e w a s a w e a k e r t u r n to th e m a r k e t , p r ic e s d e c lin in g
% @ lc. u n d e r m o d e r a t e s e l l i n g p r o m p t e d b y d i s a p p o i n t i n g tVh’t & flour. 25,053,930 91.713,402 12,063.699 74,4i 5.080 8,288.469 05,111,580
Corn<fc meal
0.211,421 40,497,807 3,830,439 30,401,090 2,426,174 18,444,584
fo r e ig n a d v ic e s , a f a lli n g o ff in th e e x p o r t d e m a n d a n d
026,137 3.445 211
319,322 1.155,092
21
Rye..............
382
m o r e f a v o r a b e w e a th e r c o n d itio n s f o r th e n e x t c r o > a t
lats A meal. 1,753 529 9,104,02'
208,979 5,9 9.18»
222.867 2,001,241
th e W e s t .
T u e s d a y th e r e w a s a n e a sie r m a r k e t d u r in g e a r ly
979,920 5,150,213
Rarley........
78J,413 3.015 33'
194,020
707,000
’ C h a n g e , r e fle c tin g w e a k e r fo r e ig n a d v ic e s a c c o m p a n ie d b y
Rr’dstuffs— 34,029,946 158,910,713 17.275,872 U5.04c,738 11,130,547 85,326,343
s e llin g ord ers.
T o w a r d th e c lo s e , h o w e v e r , th e m a r k e t
Provisions*. 15,920,174 127,394,089 13.304.2:4 120,992,48* 11,319,135 112,450,934
tu r n e d ste a d ie r o n b u y in g b y sh o rts t o c o v e r c o n tr a c ts b ased
lotton......... 14,655,400 108,443,088 16.839,103 110,270,01' 4,925,015 100,147,804
o n th e s m a lle r m o v e m e n t o f t h e c r o p in t h e N o r t h w e s t
pQtrol’m.&c. 4,850,891 44,267,295 5,491,190 40,231,113 4,077,572 89,082,985
p ric e s fo r th e d a y s h o w in g a n a d v a n c e o f
W ed n es­
Pot. value 70,002,411 439.021,7X5 62.910.489 399.14~.94f. 32.052,209 337.007,120
d a y t h e m a r k e t w a s a g a i n e a s ie r d u r i n g e a r l y ’ C h a n g e o n
* i icludinK ibir.r.ie and hotrs in al 1mouths and years.
fa v o r a b le w e a th e r re p o rts fr o m th e W e s t a n d A r g e n tin a .
N ote .—A ll the above figures are based on the m onthly prelim inary
S u b s e q u e n t l y , h o w e v e r , o w i n g t o t h e a b s e n c e o f s e lle r s a n d
returnsissued by the Bureau of Statistics, and oover about 98 per oent
o f the total exports.
o n a d e m a n d fr o m n e r v o u s sh o rts to c o v e r c o n tr a c ts , p rice s
a d v a n c e d a n d c lo s e d } £ c .
h ig h e r.
T h u rsd a y tn e m a rk e t
T h e m o v e m e n t o f b r e a d s tu ffs to m a r k e t a s in d ic a te d in th
w as
h ig h e r
e a rly
in
th e
d a y on c o n tin u e d
b u y in g
s t a t e m e n t s b e l o w is p r e p a r e d b y u s f r o m t h e f i g u r e s o f t h
b y s h o r ts to c o v e r c o n t r a c t s b a se d o n d e c id e d ly s tr o n g e r
N ew Y o rk P rod u ce E x c h a n g e .
T h e r e c e i p t s a t W e s t e r n la k e
fo r e ig n a d v ic e s .
T o w a r d s t h e c lo s e t h e r e w e r e r e a l i z i n g s a le s
a n d r i v e r p o r t s f o r t h e w e e k e n d i n g O a t . 16, a n d s i n c e A u g .
b y lo u g s a n d fin a l p r ic e s f o r t h e d a y w e r e u n c h a n g e d io f^ c .
1. f o r e a c h o f t h e l a s t t h r e e y e a r s , h a v e b e e n a s f o l l o w s :
lo w e r .
T o - d a y t h e m a r k e t w a s f a i r l y a c t i v e a n d h i g h e r in
re sp o n se to s tr o n g e r fo r e ig n a d i ic e s , a c c o m p a n ie d b y b u y in g
Receipts at— Flowr.
Wheat. | Com.
Oafs.
Barley.
Rye.
o r d e r s , r u m o r s o f a la r g e e x p o r t b u s in e s s a n d b u y in g b y
Bbls 190 lbs Bush 60 lbs Bush.bdlbs Bush.Wlbs BushASlbs Bu 60 lbs.
sh o rts to co v er c o n tr a c ts.
T n e c l o s e s h o w e d p r i c e s 2 7^ @ 3 c .
78,835 1,058,008) 3.032.9-14 3,017,843
Chicago......
74 7,315
148,350
h ig h e r f o r t h e d a y . T h e e x p o r t b u s in e s s in th e s p o t m a r k e t h a s
42,150
276,000
Milwaukee .
30 ),960
181,35 •
46,800
418,000
b e e n f a i r l y a c tiv e , a n d a t th e c lo s e la r g e sa le s w e re re p o r te d ,
121,835 2.370,158
Duluth.......
60,155
2\772
43,100
264,350
in c lu d in g N o . 2 r e d w in t e r a t 8 1 0 0 % d e liv e r e d a n d $ 1 0 1 %
269,520
2,794 2.753,450
635,220
f . o . b . a f l o a t ; a l s o N o . 1 n o r t h e r n a t 9 9 J g c . f o b .a f l o a t .
150.317
88.762
17,311

DAILY CLOSING FRICES OF NO, 2 RED WINTER WHEAT.

Sat.
O ctober delivery........... o. __ „
0. 9 5%
N o v em b e r d eliv ery .......c. 95*3
C. 95%
D ecem b er d e liv e r y .......c. “94%
.0,
J a n u a ry d e liv e ry . . . . c. 95*1
M a y d e l i v e r y ...! ............
92%

Mon.
94%
94^
93%
94%
91%

Tues.
94%
94%
94%
94%
92

Detroit.......

Wed.
94%
94%
94%

Thar s.
9434
94^2

Fri.
97 7r
97%
973a

92*2

92ia

95*a

97$t

T h e r e h a s b e e n n o b r o a d e n in g o f t h e s p s c n l t iv e d e a lin g s
in th e m a r k e t f o r In d ia n c o r n f u t u r e s , a n d t h e te n d e n c y o f
p r i c e s h a s b e e n t o w a r d s a l o w e r b a s is . T h e s h a r p e s t b r e a k in
p r ic e s w a s o n M o n d a y , w h e n a la r g e in c r e a s e in th e v is ib le
s u p p ly a n d a h e a v y m o v e m e n t o f th e c r o p in th e in te r io r
p ro m p te d s e llin g fo r b o th lo n g an d sn o rt a c c o u n t.
S u bse­
q u e n t ly p rice s g r a d u a lly s a g g e d u n d e r th e c o n tin u e d h e a v y
m o v e m e n t o f th e c ro p .
T o -d a y t h e m a r k e t w a s fir m e r o u
b u y in g b y s h o rts to c o v e r c o n tr a c ts , s tim u la te d b y th e a d ­
v a n c e in w h e .t , a n d t h e c lo s e w a s a t a n a d v a n c e o f l c . f o r
th e d a y .
B u s in e s s in t h e s p o t m a r k e t h a s b e e n o n ly m o d e r ­
a te ly a c tiv e .
T h e c lo s e w a s fir m e r , a n d th e s a le s in c lu d e d
N o . 2 m ix e d a t 3 2 % c . f . o. b . fo r s p o t d e liv e r y a n d 3 3 % f . o, b .
a flo a t f o r fir s t h a l f J a n u a r y d e liv e r y .

DAILY CLOSING PRICKS OF NO. 2 MIXED CORN

„

,

_ ,,

'Ion.

Turn.

Wed.

N o v em b e r d e liv e ry ......... o.
D eoem ber d e liv e r y ......... o.

31%
31%

30 q
3m

29%
30=8

30
30%

May d elivery...................o.

35%

34%

31%

34%

Thura.

Fri..

29%
3 or*

30%

34%

33%

s i%

O a ts fo r f u t u r e d e liv e r y h a v e b e e n q u ie t a n d p ric e s h a v e
d e c lin e d in s y m p a t h y w it h t h e w e a k n e s s o f c o r n , a n d t i e
l a r g e i n c r e a s e in t h e v i s i b l e s u p p l y r e p o r t e d a t t h e o p e n i n g
o f th e w e e k h a d a d e p r e s s in g in flu e n c e , a s h a d a ls o a f a ir ly
h e a v y m o v e m e n t o f th e cro p .
T n e exp ort d em an d has conc o n t in u e d f a i r l y b r is k a n d h a s s e r v e d to p r e v e n t a d e c id e d
b r e a k in v a lu e s .
T o - d a y th e r e w a s a fir m e r to n e t o t h e m a r ­
k e t a n d p r ie e s a d v a n c e d in s y m p a t h y w it h t h e im p r o v e m e n t
m o th e r g r a in s .
T h e sp o t m a r k e t h a s b een a c tiv e , as th e r e
h a v e b e e n la r g e p u r c h a s e s fo r e x p o r t.
T h e c lo s e w a s a c t b e ;
t h e s a l e s i n c l u d e d N o . 2 m i x e d a t 2 3 c . i n e l e v a t o r a n d 2 4 % 'c .
f . o . b . a f lo a t ; a ls o N o . 2 w h it e a t 2 5 % c . in e le v a t o r .

St. Louis . ..
Peoria.........
Kansas City.
Tot.wk.’97.
Same wk.’96.
Same wk.’9o.
Since A uq. 1.
1897 ............
1896.............
1895.............

11,000
19,531
37,850
5.550

158,835
53,702
260,410
5,4 0
72' ,000

75.160
118.213
781,610
604,900
210,560

48.359

51,750

64,071

351,280
238,150
92/001

107,250
7',300
.........

9,951
1,800

320,988
379,179
346,302

7,813,220
7,344.833
7,919,495

5,9l0.1o4
5,709,346
2,615,050

4,937,088
7,177,642
4,278,801

1,690,905
2,350.864
1,668,010

320,443
355,721
176,050

3,131,721 70,130,170 70,310,000 54,810/81 9,510,841 3,811,443
3,259,132 03,453.087 41,525,511 49,582,99 L 8,512,801 2,324,860
8.201,058 01.379,465 28.149,870 40.800.581 10.100,711 1,022,701

T h e r e c e ip ts o f flo u r a n d g r a in a t th e s e a b o a r d p o r ts f o r t h e
w e e k e n d ed O c t. 16, 1897, fo llo w s :

Receipts at—

F lo u r ,

bbls.

Wheat,
bush.

Corn,
bush.

Oats,
hush.

New Y o r k ................... 164,745 1,215,075 1,071,750 1,048,500
059,092 419,020
225,835
B o s to n .........................
5 9 /9 7
153,004
110.950
722/31
M o n t r e a l...................
49 9-3
76,490
502,100
P h ila d e lp h ia ............
91,788
193/0*
213.000
804,099
189,595
B a lt im o r e ..................
9 4 /1 0
0,350
20.906
R ich m o n d ..................
4,042
32,930
40,850
239,001
15,125
New O rlean s*...........
11,151
201.000
N ew port N e w s ..........................
101,760
N orfolk — ..............
C h a r le s to n ...............
0,901
100.000
M o b ile .........................................
500
2.100
G a lv e s t o n ..................................

Barley.
bush.
329,175
500
10,728
800
125,445

Rye,
hush.
106,075
10,981
50,828
000

483,680 3,460.961 3.530.351 1,721,280
472.048
181,084
365,025 214,484
441,824 2,409,280 1,398,122 2,196 003
* Receipts do not Include grain passing throuzh New Orleans for foreign
ports on through bills of lading.
T o ta l w e e k .........
W eek 1890.................

T o t a l r e c e ip ts a t p o r ts f r o m
fo llo w s fo r fo u r y e a r s :

1897.
Receipts of—
Flour ................... ....bbls. 20,220,315
..bush. 74.440,197
..
“ 157,227,814
. “
70,601/07
“
9/06/51
•
>*,092,848
Rye-............ .......... . •
Total grain... .

“

320/31,517

J a n . 1 to O c t. 16 c o m p a r e

as

1896.
8,378,408

1895.
13,128,009

1894.
15,914,901

52,791,813
70.094,585
55,314,537
5.935,892
4,165/40

81,007.295
39,102.924
32,940,290
l,84s,340
883,271

45,950/68
35,2X0,931
35,699,985
2,040,064
349,494

188,895 007

105,282,120

119,920,742

789

THE OHttONKJLE.

October 23, 1807. J

The exports from the several seaboard ports for the week
The value of the New York exports for the year to date
ending Oct. 16, 1897. are shown in the annexed statement:
has been $>S.58d,459 in 1897 aghast $->,831,512 in 1893.
R y s,
PUS*
B a rley
oat*
Taere has been no improverneit tu the demand for heavy
tVhia I,
Corn,
8 K - ♦*#.
bvah
H uh
bush.
E xp orts fro m — bush.
H uh.
brown cottons for export, and home buyers btve purchased
997.621
114,682
16,927 113.833
Naw t o r t ,. 1*227,5*5 281,291 n * . 5 i i
13,6 5
34,732
S o*ton ,
. . . . ^54.112
18,233
other weights but sparingly. Current buying falls much
S a lv e s to n .. 111,2=0
short of current production, and pres-rare to sell is increasing
70.0)0
%jsm
Ptilladeaphia.. 142,788 192,158
27.276 146.135
B altim ore.
320,219
201.828
with growing irregularity in prices, but there are no open
20.901)
4,533
N ew O rleans.. U M 8 l
391,982
reductions in quotations Coarse colored cottons are also
N orfolk . ....................
iei.751
N ew p 'rt N ew s . . , .
2«u.<X*0
moving in favor of buyers. Denims in most instances are
' 17,367
71,703
m 2 2 152,309
M ontreal
870.161 3l6,*t5
quoted %a. per yard down from the prices prevailing a short
6,964
C b arlestn .S .C .............
........
Mobile...........
100,000
time ago. Ticks are without quotable change but very easy
to buy. Other colored goods inactive, with some irregularity.
166,225
m*ti 2 9
118,832
T o ta l w^k.. 9.100,619 1,928,681 229,655 l.iOtVHO
Sam e tim e ‘ 90 U d M ? 3 1.831.731 2U .732 782,888 311,694 ^68.552
Business in bleached cottons does not improve in any respect.
The destination of these exports for the week and since The orders corning forward are small and prices are barely
September t, 1890, Is as below.
steady, with low grades distinctly weaker. Kid-finished carn-C 'n.--- —» bricsalso have a weaker tendency,with slow sales. Wide sheet­
r -—flour,----—> /— IVheaL— ,
-------B xp orU fot
W eek
Since Sept,
W eek
Since Sept.
Week _ Since Sept, ings glow and sellers easy to deal with. Cotton flannels and
Oct. 16
. 1497.
Oct„ 16.
1, 1-597,
Oct, 16.
I, 1897.
week and since
bush.
bbls.
bbls
fs J .
Uth
bush.
blankets steady, bat little new business coming forward.
Sept. 1 t o 906,695 12.798,678
969,212 2 7- 6 762 12.189.37S
CJoltad Klnsdoo. 151,605
9,577,810 Printed calicoes h ive been dull throughout and barely
m,mo.
rm,4M
7*5,357 12.434,228
CinUcant ...
8,462
71.547 steady. Fine specialties for spring in good request. Fine
iB.ftaS
175-057
7... 04
400,762
3. St C. America
15,541
205,482
16.811
123.09’
..... ...
W e st Indies..
140
61,I*9 ginghams and woven patterned goods also doing well. Staple
3.000
26 5-0
B rit. N. a . C o-’s.,
3,717
23,161 ginghams are dull bat steady.
4.457
33.900
1,000
47.075
O ther ciu n t r le * .
Print cloths have declined to
Total
2
1618.44? 3.160.619 26,131.430
22,797,001 2-'a ;. for extras, the lowest price ever recorded, without
P e ta l 1 8 9 6 ....
219,732 1.7374*88 1 7 MASS 12.tM6.595 1,831,728 181 *6.143
evoking any demand of moment.
The visible supply o f grain, comprising the stocks in
1897.
1R9«.
1894.
1895.
Stock o f Print ( J l o t h t Ocl. 18
Oct. 17.
Oct. 19
Ocl. 20.
granary at the principal points of accumulation at lake and
3*8,000
At P rovidence, 64 square#. 390,000
76,000
41,0( 0
seaboard porta, Oct. 16, 1397, was as follows:
A t F a l l R i v e r , 8 4 s q n a r e ! - - 4v*0.000
854,000
21,000
25,0 ‘ 0
In store a
N tw Y o r k .. . . . . . . . . . . .
Do
» 6 o * i....
A iO a n y ................. .
B u ffa lo ..
..............
Do
a floa t.......
C k lia w o ......... ............
Do
» a « * i ....
M -lw s a k s . ................
Do
a f lo a t .......
Daitttk ...
Do
aflna*
V lid o
Do
a f lo a t .....
D siro lt
Do
a f l o a t ......
...................
S ' E o3 la..
Do
a floa *.
O n o in n n u ........ . ....
B oa too. ... .......... .
T o rou to.. .................
Mtmtrmt'
.......
P h !U 6 a lp h l» . . . . . . .
P eoria .
Icdlattap oli* ..........
.Kajwm..* O l i j .
B sta im ort.
.......
M taaaapolt* . .
O n M li«t«ilD p! B ir a r
On L a C fi..
. ..
O n canal an 6 r lT a r ..
T ota l Oct.
T ota l O c t
T o ta l O ct.
T o ta l O ei.
T otal O ct.

W heat,
bush.
2,319.00^
•45.*X J
K
1 460,000
8,119.000

iMts
bm h
3.7 4M O
.O O
1I .000
70,uVO
357,000

is ,? m j m

348,000
........

SK O jobb

Com ,
bush
9>«f6-,90G
155 > «»
125,000
805,990

851,(8*

58,909

ii't n t u ,
bush
154.000
40,000

7V8.CR’ 0
....
* 50,094

187.000

336 W >
K

?7 O O
O

51,009

157.004

3,2*8.000

tB4 0>S3

IH1.000

050,000

72i.0<K

* $9,090

*y.90o

1^00©

33,900

13,000

268 *00

i f KW
H
t*,»-O0

Stl.oiM*
23.W

m i 'w v
w
t f,e » o
im cm
S.0M9
m j& K
89,005
3»>*.000
W--

115,000
l.OOO*a.^-

tu \ < m

4 ,ms)

i) O t
O
m $o&
43)00
t&w.OO©
75.000

091 *)t*
9% 90<;
1.654 ^
n * txo
IM & A
* m jm
t %* 000

tJ w > M 0
523.090

0
1,941.000

*5,000
77,000
8:5.000
2 ,: h5,000
H,O0O
tlhK .W O
391.000

1 6 ,18©7 m w i M m
9.1*97. 22, 91,000
17. 139S 5*.fl*W.OOO
19. 1*95 46,10^,000
20, 1894 70,659.000

40,498,000
m . 704,000
17. *75,000
S.I7'>.000
2,399,000

11.^1,000
t!.»=-\OO0
1 .145,000
4 '>*>,000
0 1* .000

THE

Rv«-

IfX/RW
1,078,000
3,W 1,00c
*

DRY

GOODS

8 000
8 4.000
... .

28 001.
40,000
25.0O
2,000

1,000
34,00V
150,000
04.000

12,00 0

203,000
271.000

667 OOO
382.04 0

3,1fl0,000
S.VINOOO
2,3-^0,000
NTd.000
438,000

3,407,000
2.772 004
3.111,000
8,701.1X0
1,068.000

600,000

904,000

53,000

106,000

T otal s to ck (p ie c e s ).... 1,488.009

2,146,000

150,000

172,000

At F all R iver, odd six es—

W o o l e n G o o d s . —The 'chief business in this department
has been in woolen and worsted dress goods for spring. The
demand for these has been quite encouraging in both plain
and fancy lines, the advances asked by sellers seldom check­
ing buyers, and some agents a-e already well sold up on their
spring production. Men’s wear fabrics of all descriptions
have ruled exceedingly slow. As previously explained, the
absolute reserve of many sellers is as much responsible for
the small current results as the indifference of buyers in face
of the extreme advances held for in other quarters. Sales of
overcoatings and cloakings have been quite moderate, but
prices are firm. Satinets are (lull, and only quiet sales re­
ported in cotton-warp cassimeres and doeski i jeans. Orders
for flannels and blankets are light, but the market is very
firm.
F o r e ig n Dry G o o n s —A ra-derate business las been re­
ported in woolen and worsted dress goods for spring and in
fine cotton fabrics. Silks and ribbons in generally good re­
quest, Laces also sellin : well. Hosiery and uuder wear quiet
bat steady. Linens firm. Mea’s-wear woolen and worsted
goods dull but strong in tone.
I m p o r t a t i o n s a n d W a r e h o u s e W i t h d r a w a l s o f D rjr G o o d s

The importatio ns and warehouse withdrawals of dry goods
at this port for the week ending Oct. 21, 1897,and since
January 1, 18)7, and for the corresponding periods of last
year are as follows :

TRADE.

N ew Y ork , F riday . P. M., Oct. 22, 1897.
There has been a moderate attea lanes of buyers in the
5 1 3 s g g tfS S
market during the past week and but few o f them have been
interested to even a moderate extent in purchases for imme­
diate ate, and outside of thi bnsicmt done for next spring io
wool » l and worsted dress goods a a l cotton spocislties a
a1
3*
sluggish trade has generally been reported. Yellow fever in
*~
3
the South and mild weather everywhere have again been
p i pM M
pi! ;* 1
general restrictive inflaeaces with cotton goods, far­
C © —C —
l*
O
ther affected by a continued decline in the price *0 © «o
£3 1 to#* i ooDHCyo
XSi c o
£ »9>*6*
to
e
*
pk mth O © to WN
5
of
raw
material,
Tne
most
notable feature in — —
i
1
cotton goods has been the open decline in print cloths in ’ J *■*3
*j
U MM — *0 *0 < —
t*
the chief market to the lowest point ever recorded there for -d — ©■'•©©a
• ■ to-4 O
Q
»0f>Mp p
*» taw -J 70*4coca
:
% Vcom i
i, 03 l to . ca —
them. Other cotton goods la this market are tending towards to *a -J Q rfh© © ‘J*
Do
J
a like level in staples, there being decided weakness in © to — Ctto« © « ! S i £ 2 g - s a s o ’
these on the part of many manufacturers, as with the falling
— —*3
off in demand stocks "are undoubtedly increasing. The © to
C t!»®
*
*-*»
»a c*©
© *»© aj
-a <x*- wen-4-40
woolen goods division continues strong in’ tone, but beyond a ta mi* ©© bio.®
b
{t !3 5 lil8 S 8 5
a! 1 <|ti w -6aci*©ta
good demand for dress goods there ha* been very little new #- 1 ©#•
*»1 o
at < ■ o. a
&©
business passing. Toe jobbiog trade here and elsewhere has
© w— * T-K3
•
*-*
been slow and retail business backward.
to seto !
to w p
‘ | »■>
—tow©
1©x>
J* »
e
'-} C O*0D
O
D omestic Cotton G oods. —T he exports of cotton gxxis io*j ©.to ©-.1 0* —©
•
J
-a i fists* ; 0*0* rr. ©~3
to®
#» ca p j toco poop
from this port for the week ending Oct, 1= were 7, 31 00 ( top t*©©;cti7 ! rffc-ji { 6ta v o b
-*
fr
packages, valued at $237,913, their destination being to tne 00 ' V m a a a bXi ©
to -ic* co- 1 -i <- a*
*
#- -J ©
*- ; w m i
oo t* © co
to CO 'IM ® '" ©
©
points specified in the tables below :
»j
|
G ! <1—
O
1 CO#
1897.

— ■ 7 ©*
w * *
iT- : 2 r-^
a: *
St i
■’ ;
s
s

c Si f: i ? I
!
" in

ill
MO»<
fTil-OO'

8K
b
©<»©- I*

“I

©
j

S * w Y o r k to Oct . 18.

Week. Sitwe J on , 1,

Week, Since, Jan 1.

A.r»hi*.............................. ...
A triea.....................................
west rndles............................
M exico..................................
Central A m erica...............
to o th A m erica............... . . .
0 *110? O ran tiies.

0
249
1.5U1
1,170
1,0' 0
937
559
150
59
e«s
02

3,766
2,903
101,554
10,73.**
19,904
15.5*4
11,989
2,828
6.811
3 *,295
4,048

158
50
......
.
3 00
205
231
32
102
2,620
222

3,182
2,149
83,718
4,548
2^,510
11,821
10,481
2,327
7,762
41,715
3.487

T o ta ........... ........ ...........
Ohiast# ?tn V abooo Y©r* .

7,038
.— **

219,377
18,166

3,726

199,640
34,845

7 / 38

235,54 3

1 3.726

Great B ritain...................... ...
Other E u r o p e a n ................ .
C h in a ................. .....................

fotu i
IPfoils N « w

: T l-filN J mill c o i n ! *

£ lf® o t

234,485

to I K>©
3 ST
> j —
-*
c* —w
2 Sg
lo 1 sacm
^*03
© ■o ©
1
—
© ©
© M30
to <6
© -1
■D ©O
C
© ©to
© ' -m
— ©o
7 - 1 t-co
t* -t -1
I
© 1 ©B
© J -JK
5
© —*0

y © © « «©
3
•»® ©COia

©

O

—to© ^ ©
tv r -3 tO
fw
WWOOO
L - j *ai»3--1
-»
© -!© © ©
©a. © —os

otoppo) 5
-icti —
cam !»•
to to 03 3 *D

-il C C S ©
On C

M —K —to
^ W 3-3- ,I_
^
co* |
o a
Hsj'jitaoDW tl

’tSColn'^IC* ®
© 'jO DC rx
O
r-!-'to SC© ___
*OtO

1
g; M^ ©OD© , ?

tO i Wb b»'iO
x—
m -1 tfikCaCi■
©Cl COX—O O
O

■‘ ’toe© I WHVtDA
3
3

00 —
C* * 4 t t W ©
© 00 1
o* M U ' CO

>| © -» i VfeVIgJj
» I «J ! -n ti ——M
>

<
—4

-. -

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I r-'tO O * ^
C tO-* -H
i -i xi — *© a
*

2 2 : SSSSg

to <3'J l < V V © X
3 * C '

M—

I ©lOflo’M© ^
i&MOiMNi
w
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O O , O7KJ01W
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03-1 I OaO-Ot-’ M

w l © »-* I coaenoM
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THE

790

C H R O N IC L E .

8 w f and City D etadtntent,
TE R M S O F S U B S C R IP T IO N .

[V ol. LXV.

Boston, Mass. Bonds Proposed.—The Finance Committee
will report to the B»ard of A dermen on October 25, 1897, a
bill providing for the issuance of $110,C O bonds for various
O
purposes as follows:
H ealth D epartm ent........................ $0,000
H ospital D epartm en t......................10,000

Street D epartm en t p a v in g .......$40,500
Street L a yin g Out D epartm en t. 41,000

B u ilding D e p a rtm e n t.... 3,500
........ 3,000
The I nvestors ’ S upplement w ill be furnished without P u b lic G rounds D epartm ent----- 2,000 Miscellaneous.......
P u b lic
extra charge, to every annual subscriber o f the C ommercial
Bond Sale.—The “ New York Nesvs Bureau ” reports the
and F inancial C hronicle .
The S tate and C ity S upplement w ill also be furnished following bids received October 2 2 , 189?, for $ 1,5589-00
certificates:
'
without extra charge to every subscriber o f the C hronicle .
H , Fisk & Sons (all o r n o n e ). .. .102*197
The Street R a il w a y S upplement w ill likewise be fu r­ R- Jj. D ay & Co.. B o sto n ........... ;
B ertron A S to rr s ($20",0003 •y r .).102*31
Blake B ros
Co.,
A d a m & Co ($225 0
. 102*44
nished without extra charge to every subscriber o f the E stab rook &&>'o.. BB oston. ...> 102*0*7 Third sNat. Bk. ($8*^3 0 20-yr.). r )...101*17
o s to n .........)
000 1 0 -y
K .H .R ollin s & Sons (all or none).l01*9L
Ch ron icle .
Parkinson & Burr ($ 1, 58.000 10Parkinson & Burr, B oston (all
20-yr.) .......................
..
..101*36
The Quotation S upplement , issued monthly, will also be
o r n o n e )..........................................l o r o a

furnished without extra charge to every subscriber of the
C hronicle .

Mpr- ( (*s 5 '•'’00 10 T r . > .101*18
.
L elan d ,T ow le & Co. (all o r n on e). 101*081 Blodiret o
r it t & O
E. D. Shepard & Co. (all orn o n e ).l0 i* 6 0
ritt a, L ... 3 ($5000-033-yr.).. 102*13
/O
f (*225,0002 0 -y r.).. 102*76
, *
Stuart & P a ddock (all o r n o n e ). 101*160

TERMS for the C hronicle with the four Supplements
Bonds ware awarded to Hirvey Fisk & Sons, New York.
above named are Ten Dollars within the United States and Certificates mature as follows: $958 900 July 1 , 1917; $ i f # Twelve Dollars in Europe, which in both cases includes ( 00 October 1, 1917, and $5 >0,00 i July 1 , 1937. For further
postage.
_________
particulars sae Chronicle October 1 6 , 1897, p 744.
Braddock (B orough), P a — Bond Sale.—On October 16,
Terms o f A dvertising—(P e r inch space.)
1897, the $102,000 o f 4%% water, sewer extension and streetO n etim e .................................. $3 50 |Three M onths (13 tim es)..$25 00
improvement bonds were awarded to Rudolph Kleybolte &
One M onth
( 4 tim e s).. 11 00 Six months
(26 tim es).. 43 00
Co. of Cincinnati at 107*8219. Bonds mature in from 1 to 29
Tw o Months
(8 tim es).. 18 00 |T w elve Months (52 tim es). 58 00
The above terms for one m onth and unwards are for standing cards. years. F or further particulars see C hronicle October 2,
1897, p. 639.
Brockton, Mass.—Bonds Proposed.—Regarding a report
Milwaukee, Wis.— Garbage PI int Bond Law Invdid.—On
October 14, 1897, Judge Ludwig decided that the law author­ that an issue of $6 ,0 0 0 building bonds was contemplated we
are advised by W. C. Emerson, Treasurer, that the issue
izing the issuance of $120,900 bonds for garbage plant pur
poses was a special law and therefore unconstitutional. In has not been passed upon by the Council and that “ there is
commenting upon the decision the “ Wisconsin” of Milwaukee, some doubt if it goes through.”
Brooklyn, N. Y.—Bond News.— A resolution was intro­
on October >4 said: “ Tne park bond contracts do not con­
stitute an indebtedness within the meaning of the law duced at a meeting of the Board of Aldermen on October 18,
limiting the bonded debt, and judgments rendered against 1897, approving the action of the financial officers of the city
the city, in actions of tort, are also not to be considered in in issuing $112,000 of bonds for a bridge over Newtown Creek.
that. So far as the city’s right to own and control a gar­ The construction of the bridge was authorized early in 1896
bage plant is concerned, Judge Lad wig says that is beyond without providing for the issuance of the necessary bonds.
controversy. The law gives the city that right, but does The bonds were subsequently issued and sold, and the above
not, the Court says, give it the right to manufacture from resolution aims to correct the technical defect in the original
•
the first product, wherein, it is contended, all the profit, or r solution.
B nd Sale Amended.—The city has been compelled to rea great deal, lies in operating garbage disposal works.
“ The suit will go to the Supreme Court just as soon as the consPer the award of the $1,040,719 76 bonds recently made
formal proceedings can be had. In the meantime the injunc­ to Blake Bros. & Co. and Harvey Fisk & Sons, owing to the
tion lies, but it is modified so far as necessarv, in order to discovery of the fact that if the whole amount should be
enable the city to issue and sell the bonds. They must not issued the debt limit would be exceeded by about $ 1 1 2 ,0 i 0 .
be delivered to the purchasers, however, but are to be de­ Upon advice of the Corporation Counsel the bonds were re­
posited in escrow, pending the decision of the Supreme awarded to the above firms, less the issue of $1 6,394 76 con­
Court. The city guarantees their validity and this is to save solidated stock for extending the water supply system, which
the city from liability to the purchasers if the bonds are de­ arrangement has been accepted by the representatives of the
successful bidders.
clared illegal.”
Buena Yista, Col.—Bond Offering.—Proposals will be re­
B o n d P r o p o s a l s a n d N e g o t i a t i o n s this ceived until 8 p . m ., November 12, 1897, for $30.0 0 of 6% re­
funding bonds. Securities are to be issued under the laws
w eek have been as follow s.
of 1895, Chapter 110, and *re dated January 1 ,1897. Interest
Alliance, Ohio.—Bond Offering. — Proposals will be re­ payable January and July in New York City. Principal will
ceived until 2 p. m . November 6 , 1897, for $8,500 of 5% re­ mature January 1, 19l2, subject to call after January 1 . 1997.
funding bonds. Securities will be dated November 25, U97, Indebtedness January 1, 1897, was $30,000; assessed valuation,
interest payable semi-annually and the principal will mature $192,090, and population about 1 .5 )0 .
November 25, 1902. Both principal and interest pavable at
Buffalo, N. Y.—Bond Sale.—The city has placed $3,473 85the City Treasurer’s office.
bonds with the Redemption B oni Sinking Fund The reso­
Amerieus, (in.—Bonds Voted.—At the election held in this lution authorizing these b mds assigned them to this fund;
city on October 19, 1897, the pe pie authorized the issuance consequently they were not advertised for sale.
of the $35,000 of water-works and sewer bonds by a vote of
Caldwell (T illa g e ) Ohio.—Hoad S d e —On October 15,
300 to 104.
1-397, the $15,oi 0 coupon bonds were awarded to the Mans­
Andrew County (P . 0. Savannah), Mo —Bond News.—Re­ field Savings Bank at 104*166. Principal will mature $5 , 0 0 0
garding a report which has been current that the county had on October 15, 1912, 1917 and 1922. For further particulars
voted $25,000 court-house bonds, we are informed by A. M. see C hronicle , September 25, 1-97, p. 582.
Lewellen, Treasurer, that no bonds have been issued by the
Carthage (Villag'e) Ohio.— Bond Election. —
On November
county and none are contemplated.
2, 1897, an election will be held to vote on the proposition to
Arapahoe County School District No. 2, Denver, Col — issue $3,009 bonds for the betterment of the fire department.
Bond Bale.—On October 19, 1897, $125,000 of 4%% refunding
Cincinnati, Ohio—Hoads Authorized —Au ordinance has
bonds were awarded to N. W . Harris & Co., of Chicago, at been passed by the Board of Administration authorizing the
102*70,
issuance of $1,960*69 5$ 1-10 year bonds for the improvement
Ashland (C ity) Wis. -B on d s Not Bold.—Only one bid, that of Plymouth avenue. This sum may be reduced by pay­
of S. A. Kean, Chicago, at par, was received October 16, ments of the special assessment prior to the sale of bonds.
1897, for $120,000 of b% judgment funding bonds, and this
Cleveland, Ohio.— Bond Offering.— Proposals will be re­
was conditioned upon the legality of the bonds after a satis­ ceived until 12 m. November 1 _, 1897, byH . L.Rossite-, City
5
factory investigation. W e are advised by Findley Wnirton, Clerk, for $39,000 4% sewer district bonds maturing October 1,
Clerk, that the bonds were not awarded and that it has not 1907, aud $30,000 4 % sewer district bonds maturing October
yet been determined what disposition to make of them. 1 , 19l7. Securities will be coupon bonds of $1,00 > dated
,
Seventy-five per cent of those holding judgments against the October 1, 1 8 9 7 ; interest payable semi-amnaally, both princi­
city are willing, he says, to exchange them for the bonds at pal and interest being payable at the American Exchange
par, they having full confidence in the legality of the issue. National Bank, New York City. A certified check drawn on
Beaumont,, .Texas—Bonds Proposed.—This city proposes to a national bank for 5% of the amount bid for and payable to
issue $80,0 0 6 # street-improvement bonds. P. R. Heisig, the Treasurer of the city of Cleveland, must accompany bids.
City Secretary, writes us that definite arrangements have not Bonds are issued under authority of Sectioa 36 of an A ct o f
yet been made.
the General Assembly passed April 16, 1897, and by or­
B elleville (N. J .) School D istrict.— Bond Sale.—Following dinances approved September 27, 1897.
axe the bids received on October 2 1 , 1897, for the $20,009 4V.d
Bond< Proposed.—Press reports state that the City Council
gold bonds of this district:
will petition the next General Assembly for authority to issue
N. W . H arris & Co N ew Y o r k .. 105-86 I R u d o lp h K le y b o lteV & CoN ew
$4 >.000 bonds for dock improvements.
Tr- -*'-------«*'««'« C
D aniel A . M oran & Co., fsew York 105*06
Y o rk
....... .............................. log
Bond S le.—On October 22, 1897, the $90,(00 4% bridge re­
W ilson & Stephens, New Y o r k ... 103*52 B enw ell & E v e ritt, N ew Y ork ..’ 102
Edw. C. Jon es Co., New Y o r k ... 103*41 T h e L a m p re cb t Bros. Co., C leve­
pair coupon bonds of Cleveland, due October 1 , 1907, were
W a lter Stunton & Co.. N ew Y ork 103*38
um u .................................................. ... i
la n d .................................................. i o
awarded to the Society for S ivings of Cleveland for $90,105 05.
Securities will mature, one bond for $ 1 ,0 0 0 annually
Further particulars of this issue will be found in C hronicle
ginning eleven years from date of issue. Further particul
of September 25, 1897.
will be found in Chronicle of October 16, 1897.
Temporalnj Injunction.—Judge Carlos M. Stone, in Com­
Boverly, Mass.—Rond News.—Regarding the $26,000
mon Pleas Court, has granted a restraining order enjoining
public park bonds recently anthorized, we are advised t
the Cleveland Public Library Board from issuing the $250,000
the bonds are not yet issued, and when ready will in
5% library building bonds awarded to E. C Stanwood & Co
probability be taken by the Sinking Fund Commissioners,
on September 2,1897.

October

2 1 9 .t
3 87

THE CHRONICLE.

791

Franklin County, Ohio.—Bond Offering —Proposals will
College H ill ( Village), Ohio.—Band Sale.—On October 16,
.
1897. Geo. Eastis & C j ., Cincinnati, were awarded village be received until 12 M November 4, 1897, by W. EL Halliday,
Auditor, for $23,000 of 67 bridge emergency notes. Notes are
bonds as follows:
issued for the purpose of restoring county bridges and will
•*371 o f
assessment b mds, one in denominations o f $38 28 and nine o f $37 i
' men, mautrisife one bond yearly. 1Vico paid 108‘S0.
.
:
MS81 o f #7 asaeaKarfeixt bonds, one in denomination o f $90 33 and nine o f $95 • mature $3,000 November 1, 1898, and >5 000 each November
Interest will be payable
eaeb. maturing one bond yearly. . Price paid 105*50. _
1 1 thereafter to 1908, inclusive.
$ £0 9 Aft o f ">; oavina bonda in denominations o f $500. m atunag October 16, semi-annually.
•
1917. Price paid 110.
Bond Sale.—On October 7, 1897, $l,4r-0 6y turnpike bonds
For further particulars see Chronicle Sept, 18.1897. p. 033.
of this county were awarded to the New First National Bank,
Columbus, Ohio.—B
JVe es.—ln the C hronicle October Columbus, at 100-25. Interest on securities is payable semi­
9 , 1897, we reported tb -t the Board of Public Works had annually, and they will mature in about two years from date
authorized the issuance of 123.000 bond- i anticipation of of issue.
the collection of the poor levy and 16,200 bonds in anticipation
Freeport, 111.—Bids Rejected —A ll bids were rejected on
o f the collection of the levy for street-improvements. We September 8", 1897. when $4 500 4417 ten-year refunding
are now ad-ised bv E. Denmead, Director o f Accounts, that i sewer bonds were offered by Freeoort.”
it will not be necessary to issue these bonds for some time
Freeport (V illa g e) X. A.— Bond Offering.—Proposals will
to come.
be received until 7 P. m„ October 27, 1897, by William G.
Bonds Proposed.—The Board of Public Works has under Miller, President, for $15.000111^ years (average) bonds. Secu­
con ideration the i-snance of bonds amounting to from $70,- rities are in denominations of $1,000. interest to be at not more
000 to $1« 0,0- 0 for the building of a storage dam in the S -ioto. than 5;r . payable January and July. Principal will mature
,
Cordcle. Ga.—Bowl Election.—An election will be held $l/'00 yearly on and after July 1, 1902. A certified check for
November 1(5, 1897, to vote on the proposition to issue *7,000 $1,500 must accompany proposal. Bonds will be sold at par
public improvement bonds.
for the lowest rate of interest bid.
Daytona, 1'la.— Bund Election.—It is stated that an elec- j Gardiner, Me.—Temporary Loan.—The city will negotiate
tion will be held February nest to vote bonds for public im- j a loan for $-00. We are informed that the loan will not be
provemeute.
offered in th- market.
Dedham, .'fuss.— Abb Sale —The “ New York News BnGeorgetown. Ohio.—-Vo Bond Issue.— We are advised by
reatt" reports the following October 22 1897:
John Q Waters, Mayor, that recent fires destroy!' g school
“ The town of Dedham. Mass., last night opened bids for a property will prevent the issuing of the $10,000 electric-light
note Of $30,090, bearing 4 " , interest and pa-able $2,700 an- plant bonds, voted September 18, 1897.
anally—average 4! ; years. A Boston house made the high­
Glastonbury, Conn.— Bonds Proposed.—The town is con­
est bid but withdrew it because the town refused to split the sidering the question of issuing bonds to the amount o f its
note into $500 pieces The Dedham Institution for Savings indebtedness.
was the m-xt highest bidder at M l-92 and will probably get •Loan Authorized.—The town has authorized a loan of not
the award.”
more than $15,00 », in anticipation of the collec'ion of taxes.
Delaware (P . O, Dover).—Bond (Itjerina. —Proposals will
Grafton, W. So.—Bond Sale.—On October 11, 1897, the
be rec-ived until November 1. 1-97, by W , SI. Ross. State $lft,OO0 of 5 ; water bonds were awarded to the First National
Treasurer, for # 141,000 of S per cent b m s Securities are Bank of Grafton at 1 2. Princip i! will mat ure September 1,
d.
*
issued in accordance svith Cnapter 38 * of Vo!run- rO o f the 1917. subject to call after 1 * years. For further particulars
<
Lawn o f Delaware, and are in denominations o f $1,0)0, dated see C hronicle August 14,1897, p. 292.
December 1,1897. Interest will be pa able June 1 and De­
Grand Rapids, Mich,— Bon is Proposed.—It is stated that
cember », at the Philadelphia National Bank, and the prin­ $125,000 bonds will be issued for an electric-light plant.
cipal will mature December t. 1927, subject to call on any
Hazlehnrst. Miss.—Bond Election.—O i November 9, 1897,
Jttne 1 or December 1 after December 1, 1922. A certified the people of this place will again vote on the question of
check for 5 per cent of the amount o f the bid, payable to the issuing water works bonds.
State Treasurer, must accompany each proposal. Bids only
Hoboken, N. d.—B n lx Refused,—1 he Hoboken Bank for
T
received for th* ftall amount of the loan,
Savings, Hoboken, and Blair & Co. of New Vors, who were
Dubuque (Cltyl, Iowa.—Bond Sate —Further particulars : recently awarded the $200,(X0 4 repaving bonds, have upon
are at hand concerning the sale *>f th e$30/00 street-improve­ advice of counsel de -lined to take the same.
ment and p-ving bonds noted in the Chbosicle of October
Homestead ( Dorongli ), l*a.—Bonds Not Yet Issued. —In re­
9, 1897, Bonds were awarded October 4. 1897, to Parson, ply to our inquiry relative to the result of the election held
Leach & Co., Chicago, at par. Securities are dated Septem­ tor the pnrpo--- of voting $25 000 of refunding bonds, Mr.
ber !, 1897, with interest at S;, payable stemi annually at the Louis Rott, Treasurer, says: “ Bonds not yet issued. ITnCity Treasurer’s
at which place the principal will be cer'ain when they will be, if at all.”
payable Sept. 1. 1904, or before at the option of the city.
Horton, K an ,—
Rond -ate.—As noted in the Chronicle
Dyersbnrg, Tenn. Bonds O rfeitel —On September 28, Oetoter 2 ,1897, the State Permanent School Fund bought
1897, at, a t-peciai election, the proposition to issue $3 >,U of $7,000 school bonds. W e are now advised that these are §%
00
5 per cent 29 year bonds for water and electric-light plants 15-year refunding bonds, maturing July 1, 1912, and were
was defeated.
taken at par.
F.ast Hartford (Conn.) Second North School District —
Houston, Tex.—
•Bonds Proposed.—An ordinance has been
Loan Awtto teed —At a special meeting o f the district held if trodueed in the City Council authorizing the issuance
Octobe- 18. 1x87, the district committee were authorized to of $50,000 bonds for the construction and enlargement of
borrow $500 to pay current expenses.
school buildings. Ordinance provides for 1,00ft $50 bonds,
E llis County, Kan.— Bond Election.—On November 2,1897, with interest at !>(, payable semi-annually, and the principal
an election wifi be held to vote on the proposition of issuing to mature within 40 years,
$8,000 for the pur ose of erecting county buildings in place
Kentueky—Correction—The last number o f the warrants
o f those destroyed hr fire.
! called for payment on November 5, 1897, by the State of
Elmira, N. V. —Bond Sole.—Following are the bids received Kentucky u .7.,- <; instead of 4,X>9, as published by us last
October 18, 1897, for $29,0 0 St!t year (average) refunding week. These are re-issued warrants, and the numbers menbonds:
! tioned are tho original numbers.
JW
per tint*.
I
For 4 per tam
i$,
Kern County (P . 0 . Bakersfield), Cal.—Bond Election.—
mw. C> 3m m Oth. S«w Y ork ...,10*&1S it, h. liny A Co,. Bmtfjtt
. ...106*317
Mr. B. A. Hayden, Auditor, advises us tha the election to
B erim e A s t o r r * * Y o r k . , ..100*47 { h. W, Mcirriwn, N«sw fo r k . ....iflS 'i'R
S. w.
N»w York. .I(R'J*37 f X W. Harris A Co , New Y o rk .lO m »
vote upon the proposition of Trowbridge & Co., Chicago, to
<0, If* W hit# A t 'o .
York . irnrtm I ftotfron & 8iorrw. m m York 164*666
■
take $235/ 00 of 4 ', . 10-20-year refunding bonds will be held
U m e W. *lu*frtfL
j* !« .I>0-27 \Ea*loliti KUfbnitn & Co..
j
Stem*. W jk m A Co... Mew Vails. »<Kni» . Street. W fk m A Cfc* N. Y___ 104*165
November 9, 1897. These bonds are to refund $835,01(0 of 6j6
m n T A,
A O ... 5L Y
IW*17 |Gmn. M. ifafcn, Sew York ..... turift
b ads issued in 1898, as mentioned in the Chronicle last
W , .f.
A 1 N e w York.
■Wntwm, Gsaeti A Co*. X. V ... . Jo**c>7
m Wvwtfii. Sew York. lOO^lW | B
*
& KvorftC New York. iiM
'O-%6
week, and interest will be payable in gold in San Francisco.
ratfftoin Lemti A Co., Mem York.l.W /0 s W alter Sinnum A Co.. X. V.... Wl'W
Kingston. Mass.—Bond Offering. The Water Commissionl S e r m o n r B ros. A < ••.. N. Y....1O0*»7
era will receive bids for $10,0 0 of 4> water notes. Notes are
Bonds were awarded to the Bdw. C. Jones Co.
Fairmont, Minn.—Bono Offering. —On November 1, 1897, in denomination 5500, one maturing each year, interest pay­
the city will offer lor sale $l<*/ 00 o f 57 bonds, issued for the able April 1 and October 1 at the Tremont National Bank,
purpose of extending the water works system. Interest will Boston. We are advised that several offers have been rebe payable February and ©a ober and the principal will ma­ ! eeived for the notes and that- they will probably be sold this
ture $1,0 0 annndly. beginning August i, (898.
Liberty, Texas.—Bond Safe.-The $3,000 city hall bonds of
Far Roekuway. X. V.—Bond Election.—The Board of
Trustees has twined a resolution providing for an election to Liberty, approved for registration on September 2, 1897, have
be held October 28, 1897, to vote on the question of issuing been sold.
Long Island City, N. X.—Ramd News.—The “ Standard$15,000 of bonds for further road improvements.
Bondi lir-atriudt' /.—E D. Shepard & Co., New York, Union ’ of Brooklyn states that “ on October 20, 1897, Justice
have declined to take the $50/ “*i sewer bonds sold them Sep­ day nor, of the Supreme Court, reserved his decision on the
tember _;s, (897. At a special meeting of the Board of application to continue a temporary injunction obtain d by
Trustee5 th>> bond- were re-awarded to Bertron & -dorrs at Charles A, Gibson, restraining City Treasurer Knapp, or
'
par for 3* . p r cents, with Interest from October t, which Long Island City, from disposing of $330,000 worth of bonds
award has teen accepted by that firm on Oct. 22 and bonds to Parson Leach 8c Co,, pending the result of the trial to
paid for.
have their validity determined.”
liCMiisin nil.—Bond# Authorized.—A. majority of B nators
Fofftwlg, Ohio.—Bond S ite.—It is reported that the $3,000
6 c 9, 1ft and 14 year refunding sewer bonds offered bv this and Representatives have responded by mail and telegraph
city on October 14. 1897. have been awarded to the Mans­ in favor o f the Governor borrowing $50,000 to stamp out the
yellow few r in Now Orleans,
field Savings Bank, Mansfield, at, 101.
Louisville. K.y.— Temporary Loav.—On October 10, 1897,
Franklin County, 111,— Boo/,- Registered. $10,000 re­
th 3 city negotiated a 0 : loan of $150J 00 with the Bank of
funding bonds have been registered at Springfield.

7W

THE

C H R O N IC LE .

Commerce. The loan is part of $250,000 recently authorized
by Council in anticipation of the collection of taxes. The
remaining $ 1 ' 0 ,0 0 ) will be borrowed when the present funds
are exhausted, probably early in November.
Mapleton (M inn.) School District.—Bo-m Sale.—The dis­
trict has sold to local investors $l,0'iu of 5% refunding bonds.
Securities are in denominations o f $1'0, interest p,yable at
the District Trea urer’s office, at which place the principal
will be payable October 15, 1899.
Marietta, Ohio.—Bona Sale.—On October 2, 1897, this city
awarded $21,206 6 £ ) 4 to 1 0 -year (serial) street improvement
bonds to the Ohio National Bank, Columbus, for $23,500 and
accrued interest, interest on securities is payable semi­
annually.
Marshall, Mich.—Bond Sale.—On October 18, 1897, the
$50,0' 0 4% 20-year water bonds were awarded to the Com ­
mercial National Bank, Marshall, at 96-8>i.
Marshall, Ohio.—Bonds Voted.—By a vote of 461 to 33 the
citizens authorized the issuance of bonds for a wa er-works
system.
Mason County, Mich.—Bonds Voted.—On October 8 , 1897,
the county lOted in favor of issuing $9,000 in bonds to re­
pair bridges.
Middletown, Ohio.— Bond Sale.—The $4,6)5 50 5% streetimprovement bonds offered on October 12, 897, by this city,
have been awarded to Rudolph Kleybolts & Co., Cincin­
nati, at 04'05. Securities are dated October 12,1897, and will
mature 1-10 annually. For further particulars see Chron­
icle of Octoher 12, 1897.
Milan, Mo.—Bond Offering.—Proposals will be received
until Novemoer 2, 1897, by Win. McClanahaD, Mayor, for
$18,0.0 water-works and electric-light bonds. Securities will
be in denominations of $ 1 ,0 0 0 , with interest at not more than
5% payable annually. Principal will mature in 20 years, sub­
,
ject to call after 5 years. Both principal and interest payable
at the Continental Nation d Bank of St. Louis. City has no
debt at present. Assessed valuation $378,014 and real valua­
tion about $1,190,000. Estimated population, 1,800.
Minneapolis, Minn.—Bond News.— We are informed by
W . G Nye, City Comptroller, that the report published in
r.
one of the papers that the city will issue warrants is incor­
rect, as the “ city does not issue warrants, nor is it now con­
templating any issue of bonds.”
Monroeville, Ohio.—Bond Sale.—On October 19, 1897,
the $8,5' Ub% electric light bonds of this v llage were awarded
to the Mansfield Savings Bank, Mansfield, at a premium of
$500, Following are the bids :
T h e M ansfield Savings Bank:,
i W . J. H a ye s k Sons Clcveland$*,741*00
M a n s fie ld .......... .......................$9,000*0 i Charles M. T h u rnauer,C in . . . 8.715‘UO
S. K uhn A Sons. C in cin n a ti... 8,9.4**75 I M i-on , Lewis A Co.. C h icago.. 8 703 17
H . P. Stentz, M on roeville.... m,953\ f I N ew First Nat. B ’k, C olum bus 8,091*35
R eaeongood A Maver, Cin........ 8.910*50 E u clid w e Savings A B a n k T h eL a m p reeh tB ros.C o.,C lev. 8,908*76 | ing Co., C levelan d ................... 8,670*00
h u d olp h K leybolie A Co., Cin. 8,891*00 \ Farson, L ea ch A Co , Chicago. 8,603*00
Society lo r Savings, Cleveland 8.830 00 S. A . K ean. C h ica g o................. b,6ol*50
D ietz, D enison & P rior, C leve. 8.821 3 |
Citizens' Savings & L oa n Co.,
I
M a n s fie ld .................................. 8.750 0 0 I

Bonds Nos. 1 to 9, inclusive, are for $50) each, and Nos. 10
to 13 for $1,000 each. Principal will mature, one bond annu­
ally, in numerical order, beginaing September 30, 1900, and
bonds Nos. 10 to 13 are subject to call after September 30,
1897. For further particulars see C hronicle of Oct. 2 , 1897.
Montgomery County, Mo.— Bond Sale—The $7,500 6 per
cent jail bonds offered by this county on October 19, 1897,
have been awarded to J. D. Cleghorn & Co., Minneapolis,
Minn., at a premium of $341 25. Other bidders were : S. A.
Kean, Chicago; Noel-young Bond & Stock Co., St. Louis,
Frank Hayes, Lancaster, Mo., and Farson, Leach & Co., Chi­
cago. Principal will mature, three bonds for $500 each an­
nually’ from 1898 to 1902, inclusive. For full particular* re­
garding the loan see Chronicle of September 25, 1897.
Moulton (Neb.) Irrigation D istrict.—Bond Sale.—The
district has sold to A. C. Abbott, a contractor, the $3,500 of
6 %bonds at 95; also $17,500 bonds to the Newton Irrigation
Co, for their canal and works, making a total of $21,000.
Mount Vernon, Iow a.—Bond News.—We are advised that
the_$9,000 of watu--works bonds recently voted will probably
be 5% 20-year bonds, The date of sale and other particulars
of the issue have not yet been decided upon.
Mount Vernon, N. Y.—Bond S le.—On October 19, 1897.
the $40,000 of 4% highway-improvement bonds were awarded
to Seasongood & Mayer, Cincinnati, at ll4'28. Folio .sing
are the bids:
?,e",B in,Ro oa * M ayer. Cin.
i
114-268
N. W . H arris * Co., N ew Y o r k . . I l l 82
YVhami A Seblesinger. N. Y ....... 111*35
B enw ell A Everitt, New Y o r k .. 111*319
B ertron A Storrs, New Y o rk ___111*00
G eo. M. H alm . N ew York.
___110*09
Street, W ykes A Co., New Y o rk .110*51
Seym our B ros. & Co.. N. Y .........110*23
J. A W . Seligw an & Co., N .Y .... 110*19

|Lelam l, T o w le & Co., N. Y .......*110-17
-------------------nuiv. «-------- - wi., -new- i om .. iiu uai)
.nines — - - - W alter Stanton A Co., N. Y . . . . 110*025
T h e L a m p recbt Bros. Co.,Clev. 110*01
W . J . H ayes & Sous, N. Y ........ *109*95
R u dolph K leyboli e A Co., N .Y . 109*95
R. L. D ay A Co., B o s to n ............ 10»*V*28
C. H . W h ite A Co., Now Y ork .. 109*27
F arson, L ea ch A Co.. N. Y ........ 107*576

* R ejected.

Bonds mature $lf,0C0 yearly, beginning November 1 , 1940.
For further particulars see Chronicle October 9,1897, p. 695.
Monnt Morris, N. V.—Bond Oflerrng.—Proposals will be
received until 12 m . October 2 0 1897, by J. F. Donovan, Town
Clerk, for $14,000 4%% bridge bonds. Securities will be for
$1,000 each, with interest payable annually on February 1 at
* 0 the National Park Bank, New York City, where the princi­
pal also will he payable. Average date of maturity will be
8)4 years, A certified check for $L “ must accompany-each
bid. The present bonded debt of Monnt Morris is $55,033;
sinking fund, $6,0110; total debt, $49,033. The assessed val
nation is $2,0l9.677. and ihe real valuation is estimated at
2,25'>,f'f 0 . Population (estimated) 4,000.

[VOL. LXV,

Muskegon County, Mich.—Bor,d< Prone,sc. 1—The question
of calling a special election to voteupm theproposed issuance
of $25,000 of bonds for the building of a road between Mus­
kegon and North Mn-kegon is under discussion.
Neodeshn, Kan. —Protab e Election.— I his city has under
considers ion the calling of. an election io vote on issuing
$15,000 water-works bonds.
Neosho (M o.) School D istrict.—Bonds Registered —The
State Auditor of Missouri has registered the $7,500 of 0% 1020 year bonds recently awarded to N. W. Hirris & Co,,
Chicago,
New Brunswick, N. 3 . -B ond Sale.—The $98,000 4% re­
funding sinking fund coupon bonds offered bv this city on
October 21, 1397, have beea awarded to N. W. Hirris & C o.,
New York, at 103-4'. Other,bids were:
S. A. K ean, C h ica g o ...................... 105*000 I Farson, L e a ch A Co.. N ew Y o rk 100*597
B ertron & Storrs. N ew Y o r k .......101*590 Edw. C. J o n e s Co., New Y o r k .. .100*650
Nat. Bank o f N ew B runsw ick. 101*500 |W a lte r Stanton & Co. N. Y.........100*030
E. H . R o llin s A Sons. B o s t o n .... 10J*990 I J . N. c a r p e n te r , Sinking F u nd
B lair & Co., N ew Y o rk ................. 100*670 I C om m issioner (fo r $33,00o) .. .101*40

The loan will mature November 1. 1922. Farther par­
ticu la r will be found in C hronicle of October 2,1897, p. 641.
New Buffalo, Miclx.—Bond Election.—A special election
will soon be held to vote on the question of issuing bonds for
a water-works system.
Newtown (N. Y.) Union Free School D istrict No. 1.—
Bond Offering.—Proposals will he received until 8 p m. Oct.
27, 1897, by F. De Hass Simonson, Clerk of the School Board,
Elmhurst N. Y ., for $15,000 of 4% bonds. Securities are in
denominations of $1,000; interest payable January and July
at the Queens County Bank, Long Island City-. Principal
will mature $1,00 ) annually-on January 1 from 1913 to 1937
inclusive. A certified check of 5% of the amount bid for
must accompany- proposals. Bonded debt of the district at
present is $53,600; assessed valuation 1897, $1,052,845, and
the population about 2,500.
Omaha, Neb.—B nds Proposed.— An ordinance has been
introduced providing for the issuance of 24 $1,0 0 hinds for
paving Center Street and 42 $1,0 0 bonds for paving Farnam
Street, interest to be at 4%%, payable annually. The Canter
Street bonds will mature "one in one _ ear. two in tw i years
and three in each of the seven years following. The Farnam
Street bonds will mature four eacL year for the first three
years and five each year thereafter.
Bonds Proposed.—The Board of Education is considering
the submission to a vote of the people the proposition to
issue $30 ‘,0 0 bonds for a new high-school.
Ortonville (M inn.), School District No. 1 . —Bond Sale.—
The district ha3 sold to a company in Minneapolis. $2.5 0 7%
school district orders, for the purpose of paving indeotedness
incurred in building addition to school house. $5 > will
0
mature in one year, $ 1 ,0 0 0 in two years and $ 1 ,0 -0 in three
years.
Oswego, N. Y.— Bond Sale.—On October 15. 1897, the $15-,
000 of '6V school building bonds were awarded to Oswego
2%
County Savings Bank of Oswego at 10U-10. Bonds will mature
$3 000 annually beginning October 1, 1898.
Ottawa County, Ohio.—Bonds Authorized —The County
Commissioners] on October 12, 1897, passed a resolution
calling for the issuance of $ 1 0 ,0 0 0 bonds for the repair of
the court house. As mentioned last week, the Commission­
ers were permanently enjoined from issuing the $ 1 0 0 0 )0 of
bonds recently sold, Judge Hull deciding that they could
not issue more than $ 1 0 ,0 0 0 without first submitting the
matter to the people.
Oyster Bay, N. Y.—Bonds Illegal.—The Appella‘ e Divi*ion of the Supreme Court has declared illegal the $3 0,000
improvement bonds, authorized by a vote of the people April
6 , 1897, and sold to N. W. Harris & Co.. New York.
Pe iria. 111.—Loan Authorized.—The city has been au­
thorized to borrow $ 1 0 0 ,0 0 0 for one year for the purpose o f
building a city hall. W . D. Meisser, Comptroller, states that
it will not he necessary to issue bonds and that several offers
have been received for the loan.
Pleasant Ridge (V illage), Ohio.— Bond Offering.—Pro­
posals will be received until 12 M., November 11, 1897, by
J. B. Hayden, Clerk, for the purchase of the following bondsr
$16,979 50 o f G£ bond s, in d en om in ation s o f $1,697 95, dated N o vem ber 7, 1897,
and m aturin g ou e b o n d yearly.
$4,613 4*0 o f 6:5 bond s, m d e n om in ation s o f $461 39, d a te d O cto b e r 30, 1897, and
m aturin g on e bo n d yearly.

Interest on the above bonds will be payable annually, both
principal and interest being payable at the First National
Bank of Cincinnati. Bonds are issued iu anticipation of
the collection of special assessments for the improvement of
Montgomery Roaa and Williams Street, pursuant with Sec­
tion 2,704 of the Revised Statutes of Ohio, and authorized
by ordinances. Certified checks for 5% of the amount bid
for, payable to the Village Clerk, must accompany each pro­
posal.
Raleigh (C ity) N. C.—Bond S ole.- On October 15,1897, the
$50,000 of 5% street and public improvement bonds were
awarded to Estabrook & Co., Boston, at 109-337. Following
are the bids:
E s t a b r c k & Co., B o sto n ............. 109*327 I N o rfo lk N at. Bank ($20,0 0 0 ).... 107*00
Sperry, Jon es A Co., B altim ore. .10Q
*7rt | F id elity A D e p o sit C o „ B a lt....... 106*39
Dietz, Denison A Prior,Clevland.l08*37 I C. H . W h ite A Co., N ew Y o r k .. .106*25
B lair A Co., N ew o r k ................. 108*27 I M ason, L ew is & Co., C h icago— J06*25
K udolpb K le y b o lte A C o., C in .. 10821 I C itizen s’ N at. Bank, R a le ig h — 106*00
E. D. Shepard A Co.. New Y ork . 108*0-3 I W J. H ayes A Sons. C leveland. 105*74
Felder A Co.. New Y o rk ..............1« 7 90 I O wen, D aly A Co., B a ltim o re ... .105*11
W .S . Blanchard, B o s ($10,009)..107*75 | Phoenix M utual L ife Ins. Co.
P e n n .M utual Life Ins. Co.
..107*615 1 ($2<‘.000)........................................ 105*0
S eym our Bros. A Co. N ew f o r k . 107*51 |S. A. Kean, C h ica g o .......................100*19B

Bonds mature October 1, 1927. For further particular*
*63 Chronicle September 18, 1897, p. 535.

October 23, 1397,]

THE CHRONICLE.

795
1
1
....

-

...... :....

........ .. -v.a

Ransom County, N. D.—Bond Election —The election to
Summerville (V illage), 6 a .—Bond Sale.—On October 15>
vote on the proposed issuance of $20,000 bonds to build a j 1897, the $50,000 of 57 gold coupon bonds were awarded to
court house and jail w ill be held November 3, 1897.
John W . Dickey of Augusta at 102#
777. The only other bid
01
Riverside County, San Jacinto and Pleasant Valley was 1 TO by L, C. Hayne, Augusta, Bonds mature No­
Irrigation District. Winchester, Cal.—Rond Offering.— vember 1, 1927. For further particulars see C hrosicle.
Proposals will he received until November 2, 1897, for $10,- September 25, 1-897, p. 585.
000 of ft; 8-15 year bonds. Interest will be payable January
Takoma Park, D. C.— Bonds Proposed.—This municipality
and July I. These bonds were originally offered for sale has under consideration a proposition to issue bonds for the
construction of water works.
October 5. ! t-97, but as no bids were received, sale post­
poned to November 2, 1897.
Taunton, Muss.—Bond Sale.—On October 18,1897, Blodget,
-%
Rockford ( l a . ) School District.— Bond .Yews.—The amount Merritt & Oo. of Boston were awarded $15,0 0 of 4 highwayof the refunding bonds under consideration by this district is improvement bonds at 1' 4771, Following are the bids:
$.1,000; the rate of interest will be 5 per cent ; denomination BMjret. Mon-fit k Co.. Boston..M1-1711Jose. Parlter & Co., Boston....... 103-58
& Burr,
[ R, t*.
Co..
$1,000; maturity ten years from date of issue, optional after Parkinson Homer ABoston. .... .104*133 i BlakeDay & & CoBoston.. ....... .103*817
* orace S.
Co . Boston. 104*0^2
Bros.
, New Fork__ 103*65
Ksrabr ok & Co , B oston......... 10v07y i X. V 9t Harris A Co., New York..103*625
five years.
A Oams & Co., Boston.......... . v .104*061 j
R ockville Centre (V illage) Oueens County, X. Y.—Bond
Swe.—On October 18, 1897, *12,0 0 of bonds were sold at ane : Bonds are m denominations of $1,000, dated June 1. 1897,
puva
lion to I. W. Sherrill, of Poughkeepsie, as 3-70 per cents. interest 3907. .le June an i Dacecnber.’ Principal will mature
Jone 1,
.
Bonds mature $1,000 annually', beginning 1903. For further
Tennessee.—Temporary L oan —Thu State has negotiated
particulars see Chronicle last week, p. 717.
Roselle, N. J.—Bond Sale.—On October 20, 1897, the a 4)-.'5 loan o f $159,000 with the Mutual Life Insurance Co.
Borough sold at par $10,000 4 per cent gold funding bonds to The'naoney was borrowed for the puroose of paying interest
debt and completing the new penitentiary
the Union County Savings Bank, Elizabeth, and $10,000 to on State$5 ’.000 January 25, 1898, and $100,090 March aud will
25,1898.
wivate investors. Bonds are to fund outstanding sewer cer­ mature
Toledo, Ohio. -B
tificate! and are dated July 1, 1897; interest payable setni- consul--ration the o n U Proposed.—Tile Councils have under
i--mince of binds for the purchase of a
annuTly at the National State Bank, Elizabeth, Principal
fire boat and other apparatus for the fire department. No
Will mature July 1, 19 7.
St. Paul. Minn.— Bonds Prorosed.—The Conference Com final action Ins je t been taken owing to the decision of the
taittee has adopted a resolari n reco i mending Common City Solicitor that the Legislature must first pais an
Council to call an election in the spring to vote on a propo­ en ibhng act before the issue is put to the vote of the people.
presented at the
sition to is-vie seb ol b nds in amount not exceeding $50.0') T ub re-olutiou as provided* for the joint sessi >n of Councils,
submission to the vote of
for u*e in the year IK>8 and $5' ,"* 0 for use in 1899. Binds O.'t.ib r 15, 1807,
are to be payable tu not more than is months and are to me people November 9, 997, the question of issuing $75,000
draw interest not exceeding Hi, payablesemi-annually. They b inds a' not more than 41;> and to m itnre within 25 years,
Trenton (C ity) Mo,—Bond Sale.—The city has arranged
are to be issued under laws ot isfe, as amended by Chapter
with the Ea Is Brokerage Company of Kansas City to r fund
128 of the laws «f 1805,
San Diego, C d . Bond Election.— An election will be held $47,000 of 57 bonds with u like amount of 4}4 per cents at
in this city to vote on ia*nicg $160,000 bonds for the erection l“*'-25t Bonds are dated October 15, 1897 aud'mature Oct­
ober 5, 1917. but $10,000 are subject to cull after 5 years,
of a new high school bi dding.
$ I",O0 >after 10 years and $l-i, 000 after 15 years. Both prin­
San Diego County (Cal.) Descanso School District.— cipal and interest are payable at the New York Security &
Bond Sale.—Following tore the bid received September 28. Trust Co. New York City.
1867, for the $1.<w i of fti ■
8
tit-year school binds, awarded as
Tulare Connty (Cal.)
School D istrict.—Roncf
stated in the C bhonillb bat week, to W , B. Spence, Nestor, News —We are informed Ka weak May, County Treasurer,
by E. A.
at 104:
that the $i,5 (0 of (i-C-ycar serial bonds recently awarded to
W. B. Bpme®, j&mt&r,,,.. ....... E H '# ! fHVtm A Ox, hm A »««!»«
JQfrW ;
R N te e b ik ia a
*>I A . II. C o o le r , I am a i v # H .. ..-100*01 the Oakland Bank of Savings at l'S JiM, will be re advertised
Oftkintu! Back o f s&
vlnign
!O4*0WJ
for sale owing to a slight flaw m th-> former advertisement,
San Diego County (Cal,), Malara School District,
Tulare County (Cal.), Lewis Creek School District.—
This district ha* sold $60» of b mds to the Pro­
Bond Sole.—On Sc teraber 2 8 .1897. $4 t> o f 8: bonds were Bond Sob
awarded to the Oakland B.nk of 8*vi gs at ltd 125. Fol­ ducers’ Bank of Visalia at 1 2 834.
*
lowing are the b'ds:
Vi comics (C ity) I n i,—Bonds P opnsc l —We are advised
OaklsiKlBitiltof 0«T{ »g«. . . . . |W. B . mo*-. Stmiat .* . . . . . . . . Jft'VTS by F. H. HiJTmau, Treasurer, that the city wi i not issue
A. H ©Dfisrer* htm A jQ frlw ■ ,. M N I A. H.
...
:
X. ju
.
m<MSm .......
f in Ym &Oi.
®
.
.
.mn m ; funding bands at present as has been currently reported, hut
Sandusky, Ohio.—B »,d S-de— On October 20, 1897. the mav do so next year.
Walla Walla County ( Wash.) School District No. I t.
$f8,0 0 5, refunding bonds aud $2 5ii0 .V paving bonds were
awarded to Rudolph Kleybolte & Co., Cincinnati, at 107“*I2. Bond o f f mot Proposals wilt b ■ r-ceived until. November
N 897. t r $700 5-lo-year (optional) bonds Bidders to name
Following are the bids:
I «.•*'*’ 'tn.
K.m nfnn- rate of in'er>-st.
L.i./'tr,., H r U. If,, HttKt,.
Ware, Mass.—R nd ifeetln-j. At the town meeting to be
ItlwylMftfl® A <3© CiSfitefiML . .
r s„
.# ID,4B#f W
t
t4J3& to*
\
’ItiiFtl 2f»tlo'©Al
Bafsl.. SiJkDdnsliy.,...
__ iP*i?8l»4
held October 27. 1897. the question of instructing the Treas­
7*nvit rj* Bank. Mtnaileld................
. .. I9.i<>a?0
30
A
. .... ...... ... ....
&
w
v.OAl & urer to borrow $i,3 0 for street improvements will be voted
&
i f . W H u m * .% *>> . ChIHt0 u . ............ ......... ......... .
m
upon,
P WB B. IJ < i* A CCU1’illRW
B HMh # W .li
gCt.. . . . . . . . . . .
,,,.. ... J d S ft)
{# g f
.... ,.
Warren, R. I,—Bond Sale.—€ h October 18, 1897, the $40,.
>
Th<t
it% Rpt«9.Co,
...... i
T
it
23$o §«
fiN if-tj A Fl'to*1
SttU
| 13 K
w 1 1 f)
1' o 4 * coupon gold funding bonds were awarded to Blodget,
>
New 4 |#*t Nat loiial flank.
...
i » j 8 i w)
2,*5f5» 25
Merritt & Co. at 104'89, Following are the bids:
Mtetoo,
A C<h,('memo..
.........
......
j VJt& 13
$
W. J. IImfem A Bmw
Fttd % Bft*wrt M

...... .
... ., tSfAt-g oo
___ ____________ . . . . . . . i
m

At Ins S'm m l Bank. C l o o l i M N i U . .. .. 1>^4S76
U m

%M
%375 Blorlge?, Mu-nit A > ■<, B---4oa..l«»‘-i» : J , \V. L - mscat-ree* & Co.. Boston., 103*873
T
'*3S» i& KM
-abr>*ok a Co.. Boston. .
t
IJose, Barfcer & Co , Boston .....103*397
2,4 7 fW N W. Harris & C o , Now York 10*4%
Adams A Co., Boston ...
.. 103*34

0nOSaftogs Bank*CvliiaiB<it..,.».. . . . ,
n 7g®W
?,
fjS 7 ft> Metz, O0ni*<m S P rior,C le v .,...O 'r;tii |Bfako Bros. & Oo.,Now-York . . . 10 * 1
>®
t
33
H h Day
Paving bonds will mature $2. 0 annually on October 15 from Parkinson A cu,, 8ost*»n......Ktvrson, Beach A Co.. New YorkJ03*07
,t Burr,
] Third Nat. Bank- Boston
...102*92
1893 to 1904 inclusive; $300 from i9 5 to* 19 7 inclusive, and Wra. o . Gay A Co., Boston ...... 1*:i '03 1 K . H, KoJUns & Sons, Boston ...l O2*80&
$40 •iniD's. Refunding bonds will mature $4,000 October
Principal will mature fij.ir 0 annually from 1898 to 1917
15, 1901; $k,500 September 1, 1606, aud $7.50' September 1. and $1 iiO each year thereafter. For farther particulars see
O
1911. For further particulars see C h r o n i c l e October 2, i897. Chronicle October 9, 1897, p. 696.
p, (M2.
Warrenshiirg Township (Johnson Coanty). JIo. -B on d
Shasta County (C al.) Campion School District.—Road Offer-no —The Count v Court of Johnson Conn1 M )., desires
y.
Shl>
.—On September 18. 1897. $6,0 *0 of 7 bonds were sold to refund $91,0 u Warren-lmrg township 5 > -40 bonds at 4jf.
«
to the Oakland ‘ ank of Saving, nt H 9 o0. No other bids Judge R. H 1
‘ntlow, H.- d*-n, Mo., is a member of the board.
were received. These bonds were originally offered tor sale
Wmikcskii. Wis.— Ao Yew Bond Issue.—A report has been
July $1,1897. but owing to irregularity in the election they current, unit an election will soon be held for the purpose of
were not issued, although several bids were received ranging ' voting totida to build a new convention hall. We are ad­
from b 5 to 108. Securities are in denominations of foOO, j vised by H, E Blair, Comptroller, that there is no such
interest parable Septemtier 2 0 , a n d the principal maturing j ies e coaternplated, nor is there any hsue of bonds under
one bond yearly on September 20.
coEsideration.
Sidney, Ohio.— Bond film i ,u. — the election in Novem­
At
Wausau, Wis.—Bond 8ale.—Parson, Leach & Co. have
ber the cii z-ns o f Sidney will decide the question of issuing i been awarded $12.5 •• 57 3 year (av rage) sewer bonds at
•
$41,000 scw .r bonds,
t' 1*912. Following are the bids :
Sparta (V illage), Ohio.—Bonds Proposed, —The issuance! Farson, B*’ nch A Co..C->iUim .... id 3*912 j Dietz, Denison A Prior. Clove. .,101*57
st%
Li-.ti- a (
t i . l o i j v ! s. W. Harris A Co., Chicago. ...301*02
of $9,ftm of bonds for a new hall is under considerati in.
•Stevens County (W ash.)School District No. 33,—B ordl Bonds are in denominations of $100, with interest payable
Sait.—The $0,5(10 fid lO-'Ji'-year optional bomla were awarded April aud October.
Webster City, Iow a.-- Bonds authorized.—It is stated that
to Farson, L-ach & Co. at par.
Sullivan County 1P. 0 . Milan), !f < .—Bond Suit. — We are the Wavs and Means Committee of the Council has been in­
>
advised that the $180,099 43 refunding bonds, the sale o' structed to negotiate with the Nitna Insurance Oo. for the
which was reported in the C hronicle October 9, 1897, were placing of $15,000 of ftf bou ts.
West port (City) Mo.—B nd Sale —The city has sold at pri­
awarded to Trowbridge Sc Co., Chicago, at par. but the firm
gets 1 i-lC commission. Interest will be payable at either vate sale $ 11 .90 i'5; 2U-year landing bonds. Interest will be
New York or Chicago, as may bo determined, and $50,0*0 payable semi-annually in gold at tbe New York Seonrity &
will be 5-29-yeaf bonds, $50,000 IQ-29-year and $50,000 15 30- Trust Co., New York City,
West Union, W. Va.—Bond Offering.—Proposals will bo re­
year bonds. TheywiJibe dated February I, 1808. Mr. C. B.
Pfeiffer, County Clerk, informs ns Jthat negotiations will be ceived until November i2, 1897, for the $0,uO« 6t 10 25-year
completed and resolutions adopted at the November term of water works bonds recently authorized by a vote of 88 to 31,
Interest will be payable at the West Unioa Bank.' "
the County Court.

THE

794
IN D E X

TO

STATE

C H R O N IC LE
AND

C IT Y

[ P o l . LXY.

B E ?A D T M E N T ,

In the follow in g in d ex roforence is m ado by the p ag e number to every item regarding State, city, tow n or coun ty finances which has been
published in the present volum e o f the C h r o n i c l e — that is , f r o m the 1st of July, 1897, up to and including last Saturday. October 16. Items
in the current num ber a re not noted iii the index. Full-face types refer to latest reports o f total debt, assessed valuations, &c.
744
bllon e, K an..................
•128
da, M in n ................ -•••
f 82
A d air Co.. M o.. .201. £81,
2n3
A dam s, M ass..............Ido,
336
A d am s Co,, M iss..............
582
A d am s Co., O h io ..............
744
A k ron , O h io.........— £32,
093
A lb a n y . N. Y.35.121, 583,
A le x a n d r a School D is­
532
trict. M in n ... 381, 4hi,
A lh am bra School Dis428
trict. C al....................336,
744
A lleg h en y , P a .......:*6.80,
A lleg h en y T h ird W ard
S ch ool D istrict, P a . . . . 6 9 3
A llen Co., Ind —
A llen tow n , Pa— 80,105,
*28,
481
693
A llia n ce, O .......166, 214,
3HL
A m biu Sch. D ist.. I n d ...
582
A m ericu s, G a .. .244, iM ,
244
A m esbu ry. M ass.......... .
639
A n acon d a. M ont....... 165,
428
A n aheim , C a l...................
428
A n aheim Sch. D ist., C a l.
A n d erson Co.. S. C............
121
A n derson, In d .................
330
A nderson, M in n ..............
639
A n n A rbor. M ich ...........
4-81
A n o k a CO.. M inn.......165,
A ra p a h oe Co. Sch. D ist.
381
No. 7, C o l........................
203
A rcadia. W ls .....................
481
A riz on a ...............................
5*2
A rk a n sas......................
582
A rkansas City. K a n .481,
A rvern e-by-th e Sea,
121
N. Y ..................... 35, 80,
532
A sbury Park. N. J ..........
8'»
A sk burnham , M ass.........
80
A sh lan d Oo., * ..............
330
Ashland Co., W is..............
582
AsblU 'd, O h io ..203. 244,
336
A sh lan d, Ore.....................
691
A sh lan d, W is ............42S,
039
A sh ta b u la Sch. Dist.., O.
A spinw all S ch ool D is­
203
trict, Pa
...................
2.0
A storia, 111........................
291
A storia, O regon ...............
693
A tch ison . K a n .................
:-81
A th en s, A l a ....................
244
A th o l. M ass............... .
693
A tlanta, Ga.. . 428, 639,
35
A tla n tic City. N. J ............
A ttleb orou gh , Mass.,
381
33 «,
35
A u bu rn , M e......................
214
A u rora. Ill....... ................
291
A u rora, M o ........................
165
A u stin , T e x ......................

A

.. .35,
a n croft.
e
B altim ore,NM bd......... FO,
Barab -o. W is...24 4Tfl8i,

f 39
291
532

B a rb ertow n S ch ool D is­
trict. O b i »
..............
B arn esviile, O h i o ...........
Barre, V t ..................... 481,
Batavia, N. Y ....................
Bath , M e ........................
B a x ter Springs, K an
B ay Ciiy, M ich.. .35, 291,

093
221
5*2
482
532
428

3M ,

B a y Co . M ic h -----244,
Bay Side, N. Y ... 80,121,
B ayonne. N .J ............
B a y on n e Sch. Dist., N .J .
Beatrice. N e b ............ 121,
B ea u fort C o..S. C ........
B eck er Co. School D is­
trict No. *, M in n ..........
B ed ford City. V a ..............
B elleville, 111....................
Belleville Sch. D is.,N .J.,
693.
B ergen Co., N . J ..............
B erkshire
Mass 693,
Berlin, N .H ......................
Bethlehem , Pa. 35, H 5,
B ev erly, Mass. 35, bo, 244,
381,
B exar Co.. T e x .................
B ig Flats School D istrict
NO. 1, N. Y......................
Big Rapids, M ic h ............
B illerica, Mass
..........
B ingh am ton , N. Y ...165 ,
381, 4/8,
B lack H awk. C o l..............
B lackstone, Mass ..........
B lairsville. P a...................
B lairsville Sch. D ist., Pa.
B lanchester. 0 ........... 80,
B loom field Sch. D is.Jn d.
Bloom field Central Un.
Sch. Dist. No. 7, N. J ..
B loom field Scho > D is­
1
trict, N. J ..................381,
B loom in gton , 111.
532,
582, O 3,
'.
B loom ington Sch. D is­
trict. G l ....... 4 1 , «•■<?»,
B loom sburg, P a .
121,
165, 244.
B olivar, N. Y .....................
B oou ton Sch. Dist., N .J .
B oon vllle. M o...............
B o s co b e l S ch ool D istrict
No. 1. W is ......... l t f . y
B oscob el. W is___
121.
B oston, Mass
482.532,
582, 5 8 6 . 639,
B ourne, M ass.......... 291,
BraddOfk. Pa....................
Brainerd. M in n ......... 582,
Breckenridgp, M in n .......
Brew ton. Ala....................
B ristol Co., M a s s ... .336,
428,532.
B roadlands S ch ool D is ­
trict, 111..................... 182,
B road w ater Co., M ont.,
244. 4S‘>,B rockton. M ass........ 165,
B rook e Sch. D ist., C a l.. .
B ron k h avcn . M iss.......
B rookline. M ass....... 0 9,
B rooklyn , N. V .......... 80.
121, 214. 291.
381,
4 28, 532, *82, 03P,

5*2
330
203
35
482
3X0
639
121
35
744
744
80
744
203
444
693
336
582
693
582
582
165
582
330
80
121
693
693
42S
744
744
291
584
35
80
3«1
214
744
3X0
693
532
80
182
532
682
2# -l
42S
121
694
694

B room e Co., N. Y . . 2 0 3 .
B runsw ick. G a .................
Bryan, T e x ........................
Buffalo. N .Y .
..35.80,
; 21. 291. f 82,639, 694.
B u llock Co., A la .........165,
B u rlington S ch o o l D istrict. I a .......... 639. 6 9 1,
B urlington. V t. .35. 3*1,
Burnside S ch ool D istrict. C o n n ...............429,
B utte. A ld rid g e S ch ool
D istrict. M o n t ..............
/■"ladiz, O h io ..............381,
' aldw eil, O h io .337,381,
C alhou n Co . A la.......1 1 ,
C alvert. T e x ............ 694,
Cam bridge, M a s s_ 121,
_
291, 337. 533,
Cam bridge, O .. 5*3, 6x9,
Cam den, X . J __ 121, 381,
4 29, 482.
Cam pbell Co.. V a ............
Cam ulos Sch. Dist., C al..
Canton, N. Y .....................
Canton. U h io ... 3*1,429,
533,03»,
C anton. S. D ..............203,
Cape V ay, N. J ..............
I
C aiev. O ........................ 80,
Carlisle Sch. Dis., Pa.382,
429,
C arnegie, P a .....................
Carthage, .Mo...................
Carthage. O
................
Cascade Co. S ch o o l Dist r ic t N o. 39, M o n t.........
CatsklB, N . Y ...................
Cedar Rapids. I a ..............
Cham paign. Ill ..............
Chardon, O h io .......... .
C harleston, 111.................
Charleston, S. C..............
Charleston, M iss..............
C h eboygan, Mich
—
Chester, Pa........................
Chester. S. C ..............—
' hicago, 111................. 121,
Chillicothe; O h io ... 203,
429. 5 3,
C hocteau Co.. M ont. . .
Cincinnati, O— 429, 4K
2,
533, 5*3, (539.
Cincinnati Sch ool D istrict, O h io ..
2H .
Clallam Co. Sch ool D istrict *o. 7, W ash..6?9,
Clark Co. In depen d. Sch.
D ist N o. 40. S. D ..203.
Clark Co.. O hio.................
Clarkesville. T e n n ..........
Clarksville, G a .................
C larksville S ch ool D istrict, M o ........................
C laxton. G a .......................
Clay Co., K a n ...................
c la y Co . M i n n ...............
Clay Co. S ch o o l D istrict
N o. 53. K a n .....................
Clay Co., T e x ....................
Clearfield, P a .. .105, 245,
337, 382,
Cleveland. O . 203,291.
3 4 7 . 382. 429, 482 533,
583, 639, 694,
C offeyvilie, K an...............
C o lfa x Co., N. M .........80,
337, 4 £ 9 , 640,
College H ill, O h io ..........
College P oin t. N Y 80,
165, 203, 292, 337,
C olorado............... 36, 2u2,
C olorado Co., T e x ..........
C olton, C a l....... ..............
Colum bia Co. Sch. Dist.
No. 31, W a s h .................
Colum bus, Ga .................
C olum bus, Kan
.. ..
C olum bus S ch o o l D istrict, K an
.................
Colum bus, M iss.......... 30,
*03,
Colum bus, O . .. 165,337,
4b2, 5?3, 583, 094,
C on cord, N. H ......... 683,
C onfluence, P a .................
C on nellsville, Pa . ..
C o n slioh ock en
Sch ool
D istrict, P a . . . . ___337,
C onstant!a. N. Y .......
C oolidge Kan ..................
Coraopolis, P a ............
Corning. N. Y
. .. 382,
C orona U nion F ree Sell.
Dist. N o. 2. N. Y ...........
Cortland S ch ool D istrict
No. 7. N. Y ...................
Corunna, M ich.
..040,
Coryell County, T e x a s ...
C osh octon , 0
24--\ 5*?,
C ovington, K y— 36,165,
Cow ley Co., K an ..............
C ratton School D istrict,
C a l .......................... 105,
C ran ford e ch o o l D istrict., N .J ................. 640,
Cranston, R . I ................
C reston. I a ........................
Crow ley, L a ....................
Cum berland Co.. M e .........
Cum berland, R. I . ..........
Curw ensville, P a..............
C uyahoga Falls, O ...533,

241
XX
245
744
0.2
714
429
744
582
582
582
744
74 4
582
7a 4
5*3
60
743
744
291
482
245
583
744
744
35
203
74 4
4 1
3*2
429
429
694
744
429
30
36
583
744
42 J
694
531
091
337
583
36
165
583
639
583
30
482
245
429
744
64"
744
533
429
3 <7
382
382
292
382
744
744
292
714
64"
337
121
429
337
203
583
429
382
245
744
80
640
429
744
582
30
1«.0
29?
245
429
80
640

anbury, C o n n ..............
160
L /a n v ille . V a . ................
745
Darke Co , O h io .......533,
610
I D arlington, S. C ----- -----640
D ecatu r, A la .........................1*25
D eck erfow n , N .J ... 166,
745
D efiance, O hio
............
583
! D elaw are Co., O h io. .3*2,
429
D elaw are. O h io ................
04 0
D elaw are Co.. P a ............
683
i-elevati. M in n ...........203,
292
j D elta Co., M ich ................
745
D elta. P a ..........................
£04
D enver, C ol........ 166.382,
53?, 5 ^ 7 ,
694
I D epew , N. Y ..................... 2 1 5

Des M oines E ast Side
, G reat B arrington Fire
In d e p e n d e n t School
D istrict, M ass ..............
D istrict, l a ....................
337 G reen e Co.. In d ........ 121,
D *s M oines. la.
.......
581 G reen e Co.. M o ..
Distr ict o f C olum bia . . . JIM5 G reen field Fire D is tr ic t
D odge C en ter Sch. D is­
I N o. 1. Mas-*.....................
trict. M in n. ______64".
6?4 i G reenfield. M ass..............
D onaldson, L a ................
429 i G reen field S ch ool D is­
D orchester Co., M d .......
482
tr ic t O hi •
Dos P a los Sch D is.,C al
382 G reen Island. N. Y .........
D ouglas Co., N eb . l v l,
i G reen T w p.. O h i o .........
53?, 583,
694 G reen w ood . S -C . . .
..
D ow agiuc. M ich .. .. 121, 2 l -> / G renada. M is s.........53 <,
D ublin, G a .................. 4 ;9 ,
53* | G rim es Co.. T e x ................
D ublin, T e x ................ .. 4*2 ; G u adaloupe S ch o o l D isD ubuque. Ia .............203,
6 1 j trict. Cal .........................
D u lu h . M iu n ...................
74 3
Dunklin Tw p., S. C .. ..
532
aber djam Co., G a
Dun m ore, P a............ 204
245
agerstow n , Md ..246
Duquesne. P a ................ 3r, */->5 1 H allo’well, M e ..... .........
D urango, C ol................
5K3 H am ilton . O h io .338, 332,
D yersb arg, T e n n — 337,
429 H am m on d, Ind ......... ..
H a n fo rd . In d ...................
ast C leveland, 0 ...3 6 ,
H annibal. M o ............ 338,
204,
694 H annibal S cb. D ist.. M o.
East D ouglas, M ass.......
• 80 H a n o v e r and Sheridan
Tw p..S ch. D. N o. 7.N .Y.
East H a rtfo rd , C o n n ....
745
East ls lip School D is­
H arden Co., O hio ...........
trict No. 3, N. Y ....1 6 6 ,
292 H a rn e tt Co.. N. C ___81,
337 H arrison, N. J ...................
Eastland Co.. T e x . . . 245.
East L iv e rp o o l. U ............
36 H artford, C o n n .........8 4 ,
E ast L ive rp o o l S ch ool
246, 430,
482 H a rtfo rd Co.. C o n n .........
D istrict. O h io .........429,
E a ston . P a
...............
040 H a rtfo rd , Ind ................
382 H averh ill. N. I I ................
East O range Tw p., N. .J.
East W illiam sburg, N.
H a*field, M in n.................
81 H azleh urst. M is s ....338,
E bensburg, P a .................
533 H azleton , P a .............. 338
745 H eald sbu rg, C a l..............
E den, M e
.............. . ..
Effingham, 111 ...........292,
429 H em p stea d ,
F lushing
Elizabeth. N .J .................
337
and Jam aica Un. Free
Elizabeth, P a ------36,
Sch. Dist. N o. 27, N. Y.,
166
Elk and But ler Cos. J o in t
583,
Sch. Dist. No. 50, Kan.,
H e m p ste a d S ch ool D is­
683
trict No. 3, N. Y ...........
4b2,
E H icott Sch. D ist., N. Y.
694 H em p stea d U nion Free
Ellis Co., K a n .. .53u, 640,
745
S. D. N o. 38. N . Y . . .81,
292 H em p stea d S ch o o l D is­
Ellsworth. I a ....................
E llsw orth Sch. D ist., la.,
trict N o . 19, N. Y. .382,
382 H e m os read U n ion Free
337,
337
S. D. N o 23, N. Y 2P2,
Elm ore. O h io ............ 245,
694
E lm w ood P lace, O...640,
338, 430,
El Paso, T e x ..........
610 H en d erson , K y..3 6 , 338,
Elsinor, Cal.............. 4**2,
745 H e n d e rso n , M in n___366,
Elvria. 0 ....... 3d, 245, 337.
382
338. 5 3 4,
Em ery Co., U ta h ............
292 H e n r y Co., M o ......... ...
E m eryville, C a l...............
337 H ig h P oin t, N. C..............
Enfield, C o n n ...........
694 H ob ok en , N . J ...........392,
E rie Co., 1 T Y ................. ‘2 0 l
S.
534, 583, 640,
683 i H olland, M ic h ...........204,
Erie. K an............................
4S2 1 H oliansbu rg, O.................
Erie Sch. Dist.. Pa 429,
640 H olliste r, C a l........... 122,
Estill Co., K y ...........292,
Etna. P a
....................
2S2 H olly Springs. M iss..166,
204.
E tna T h ird W a rd School
482 H olyok e. M a ss...36, 482
D is t'ic t, Pa....................
E vanston, Til....................
81 , H om estea d S ch o o l D is­
E van ston Tw p. School
trict. C a l.................... 122,
D istrict, 111.....................
337 H o n e a P ath , S. C ............
8L H o rto n K a n ............
Everitt, M ass...................
H o u sto n , T e x ............. 204,
airfax , M in n ................
382 H u d son , M ass..................
airm ount. W . V a..36, 245
H u m b o ld t Co.. N ev.. ..
Fall River. M ass..... ........
166 H untin gdon, T e n n ..122,
Farm ington School Dist.
H u n tsville. T e n n ..........
No. 5, N. M . ................
533 H u n tsville. T e x . . . 204,
Far R ockaw ay. N. Y..
292,482,
36. 429, 533, 583
H u tch in son , K an . 204,
Fayette Co., K y ...36, 81, 337
3c 8, 640,
Fayette Co., O hio ..........
337
Fergus Co. Sch. D istrict
f d a h o ................................
No. 15, M o n t.......... 166,
745
L n dependence.K an.640,
Findlay, O h io .292, 382, 482, 74 5 rudianap-dis. In d .
36,
Fitzgerald, G a...................
382 Indianap olis S ch o o l D is ­
Flushing, N. Y ---- 81. 121,
trict, In d ................ 5*3,
106,201,292.837.41-2, 694, 745
Ionia, M ich ........................
F lushing Sch o o l D istrict
Ipavia. Ill............................
No. 3, N .Y .............16",
482 Iron ton , O h io .. .122, 204
Flushing S ch ool D istrict
Irvin gton , I n d ...................
N o 5, N . Y .......... 3 3 7 ,
382
F lushing S c h o o l D istrict
a cksboro S ch o o l D is­
No. 7. N. Y .............. 382,
745
trict, T e x
............
F lu sh in g U nion F ree S,
Jacksboro, T e x .................
D. No. 2, N. Y.......... 245,
J a ck so n C "..O h io ...........
.i 3 8 , 429,
583 Jack son , M is s ...122,166.
Folsom , N. M ....................
640
204,430.583,640,
F o rt Bragg, C a l...............
745 Jackson, T e n n ....... ..........
F ostoria, O h io .................
43 d Jack son v ille, F l a ............
F o x , 111......................
745 Jam aica, N. Y . .
36,81,
F rankfort. K y ...........245,
694
122, 166,
Franklin Co.. M ass.........
204 Jam aica Un. I<ree Sen
Franklin, Ind. .................
33?
Dist. N o 1. N. Y
...
Franklin. L a ......................
482 Jam aica Un. Free Sch.
Frazee. Sch. D ist., M in n ..
382
D ist. No. 5, N. Y . . .684,
482 J am aica U nion Free S.
Fredericksburg, V a ........
Freedom . P a .......... 1 6 0 ,
245
D. N o. 7, N . Y . 2)2. 338,
430. 4*2. 6 D,
F reeport, N. Y .................
430
Frem ont, M ieb..........2 2.
382 Jam aica Union Free Sch.
Frostburg, Vld .204,382,
5^
D ist. No. *, N. Y ...5 4 4 ,
F u llerton . Cal .................
3 2 Jam aica
U nion
Free
F u h on . M o ........................
683
S. D. N o. 10, N. Y 166,
246, 1 3 0 .
Jam estow n , N. Y. . .611.
( ^.ainesville, G a .........
81
' *alesburg. Ill.................
5*3 Jasper. Fla
37,106,
G abon ,O h io ___
. . ..
745 Jefferson City, M o ..........
Gallia Co.. O. ...245, 3 - ,
18
4.-0 Jefferson Co., Ky. . . . ..
G all,po.is. O hio .. 1*21,
Jefferson Co., W a s h .......
Gallatin. M o
_
_ .
7i5 Jeffersonville, Ind..
..
G alveston. T e x . . ..
81,
Jersey City, N. J .81 160,
1‘.£3, 245,533,
745
33S,
G ardiner, M e.....................
30 Jo h n sto n S ch o o l Dist.
G ardner. Mass ......... 121,
24*
N o. 1, K. 1............ "»3 »,
Garrard Co.. Ky . . . .
745
G eorgetow n, O h i o .........
640 IV 'alam azoo Sch. Dist.
G ibsonhurg, O h io ___292,
4Kg I V No. 1. M ich. .
G lasgow , M o..
. . . ___
430 K alispel Sch ml D istrict
N ". 1 :. M ont........
G len R idge, N. J .3 6 .121,
*245,
338 K ansas ...122,338 532.
K ansas City. M o ... . 122,
G loucester, M ass....... 36,
121,
P40 K earney Co.. K an.
K endalville, la, ...
G loversvilie S ch o o l istrict, N. V ...................
533 K enosha, W is .. .383, 483,
G lvnn Co., G a ........... 292,
J30 K enton. O hio.......... .430,
G oldsboro. N. C ................
533 K entucky.. — 122 mo.
641.
Gonzales, T e x ...................
745 Kern Co.. Cal.
G ra fton . N D ......... 640,
T.
694 K ing City Sell. Dist . Mo.
G rafton. W . Va 292, 4*2,
640 K ingsbury U nion F ree
Sch. Dist. No. 1, N. \ ..
Grand C >.. U ta h ........ .
204
3 S .L
Grand Forks, N. D. . .338,
743
Grand lla v o n M ic h /___
166 K ingston. N. Y . ... .167,
G rand Island, N e b .........
745 K n oxville. T e r m ...
G rattan Tw p., N e b .........
694 K ooten ui Co., I d a .. 3 7 ,

H

E

F

T

166
>60
58 >

a Crosse. W
I-iac-qul-P arleis ..............
Co. S.

D ist. No. 86, M in n .430,
534,
: L a fa v e tfe I n i .......... 122,
292 L a fayette. L a ..................
204 La G range, 111.................
Lake City. Fla .322, 216,
430 Lake Co.. M i u n . ..............
36 Lakeland. Fla .................
242 Lam ar. M o ........................
292 L a m a r Co., T e x . .
383,
640
483, 6M4,
338 L a M irada Sch. Dist.,Cal.
L a n c a 'te r , M ass
.........
3?8 Lancaster-, O h io.293,338,
iT
-58*,
452 L a n caster, P a .........584,
745 L ansdale, P a ...................
166 L aporte Co., I n d ............
533 L as A n im a s Co. S ch ool
81 | D istrict N o. 1 . C o l.......
583
Lavaca Co., T e x . .. 246.
583 Law rence, M ass. .81. 204,
4-2 L e a v e n w o r th , K an .......
L eb an on . P a ......................
166 L e e cb b u rg . Pa...........293,
532 L e M ars. Io w a ...................
i66 ! Leom inster, Mass............
745 L esueu r Co. In d e p e n d ’t
Sch. D ist.. M in n ............
640 L ew es, D e l....................81,
30 L ew iston , M e .. 81,204,
583
293,
430
L e x in g to n , M ass..............
610 L e x in g to n and R ich la n d
583
Cos. S. C ........
74 5 L ib b y S ch o o l D istrict
292
No. 21, M o n t.......... 534,
i L ib e rty, T e x ..............
L iberty T w p., Ind .........
L icking Co., O ..........
640 Lim a. O hio.
..122,2*6,
L in coln , M a ss...641, 694,
352 L in coln , N e b ..*20 1 . 430,
493 584.041,
166 L in co ln Sch. D ist., N eb..
L inda Vista lrrigat. Dis­
trict. C al..........................
430
! L in ton . I n d ........................
Litchfield
Tw p. H igh
5^3
Sch. D ist., I l l .......... ..
533 L ittle Falls, N. Y ............
L ittle R ock , A r k ___(341,
694 L ittle Ro**k Creek Irrig.
4*2
D istrict, C a l.. .383. 534
L ittle sto w n , P a . .. 37,
30
L le w e llyn S ch o o . Dist.,
694
Cal............................... 338,
24* L o ck H a v e n , P a ..............
81 L o ck p o rt, N. Y ...3 7 , 167,
246
1 7 1 , 201, 246,
L o c k Spring S ch o o l Uis292 ! trict, M o ........................
534 ; L o c u s t V alley Sch. D ist.
N o. 1 (L. I.), X . Y .........
246 L di Cal---------- .
____
583 L o d i, N. J ...........430, f> i
640 L ogan Co., O h io ___'£ 0 4 ,
4:0 LoDg Island City, N. Y.,
36
3 3 9 ,8 1 . 430. 4s?,
3 8 * L on g M eaoow , M ass.......
338 L o o k o u t M ou n t'n , Tenn.
745 ! L o s A n g e le s. Cal . . . 293,
L o s A n g e le s Co., Cal ...
534 ; L ou isville K y ............. 37,
L ovelan d . C o l....................
745 L ow ell, M ass. ...8 1 ,1 6 7 ,
L u d in g to n , M ich ..............
581 L u m b e rto n . N. C .............
745 L y co m in g Co., P a ............
482 L y o n Co., I a ......................
745
338
292
583
81
534
382
430
74 5
122
204
246

\ /T acom b, 111...................
» i a c o n ,G a .......................
M adison Co., I l l ................
M adison Co.. K y ...............
M adison Co., M iss............
M adison Co., O h io ...........
M adison. F l a ....................
M adison ville, K y ............
M adiso n ville , O hio .
M ahoning Co., ( ) . . . 3 3 0 ,
M ahan oy City, P a . ___
M alden, Mass .. 37,122,
M anchester, N . H ___37,
167,
M an ch ester, V a ................

37
641

2t 6

122
584
534
204
107
6S4
694
167
37
745

641
167
81
490
338
534
641
745
338
483

122

338
204
483
745
581
745

4*3

383
37
383
745
745
745
81
383
37
746
746
694
167
430
167

483
338
122
041
383
584
37

694

694
740
81
430
293
641
746
430
339
641
430
584
611
81
3rt3
329
204
641
430
293
430
240
37

M anhattan, K a n ..............
293
694
37 M anitou, C o l.....................
M ansfield, 0 .3 7 ,1 0 7 , 29 r,
?39,
383
640
M arathon, N. Y ......... 694,
746
M aricopa Co., A . T. .......
81
640 M a ricop a Co. Sch. D ist.
No. 2 1 , Ariz. ................
246
Marietta, O .. 37, 201, 38?,
58t
531,
584
M arinette, W is ................
383
205
534 M arion Co., in d ................
7i-‘> M arion Co.. O hio .. 293,
534,
746
240
430
204 M arlborou gh. M ass 3*3.
383 M arquette. M icL .8 l, 246,
243.
431
743
107
37 Marshall Co.. S. D ............
M arshall, M ich. ..............
746
38 < M artin’s Ferry. O hio.
293, 43c, 534,
694
383
691 M artin, T e n n .....................
M ason Co . M ic h ..............
584
M cCook. N eb............... 293,
383
81 M cD m aid Co.. M o .........
431
M cK inney. T e x ............
694
482 M eadville. P a ....................
383
5xi M elrose, M ass...................
383
M em phis. M o ......... 205,
293
5*1 Memphis. T enn ..............
293
Oil M ercer Co., N .J ............
634
584 M eredith. N. H . ................
604
"41 M eriden. C o n n ............37, 5 8 S
745 M errim ack C "., N. H . ..
37
094 M etnuen. M a s s................
37
240 M e xico . M o ..37,122,167,
240,
883
M id dlesb oro. K y —
883
694 M id d le se x Co.. M ass.534,
O il
204 M iddletow n, N. Y ............
839
336 M id iletow n , O h i o . . . . . . .
641
534
30 ± M ifflinburg, P a .... ..167,

THE

OCTOBER 88, 18V7,]
IN D E X

Milan. M o-... .......584. 748
Milbask, S. D . . ... ......
Milford. M&aa........... .
Mllledgev Ule, 1 ......
11
746
Milwaukee, W*s- 37,81.
122, 206. 244. 293, 383,
431,4-3,^1........ 6 4 3
MSoffO Co., W. V *....i«7, 2*83
Mlunetota...— 38}, 431, 483
Misrtuit opl.. . .........37, *8§
Missouri......................
81
Missouri Valley School
District. Ia................. 24*3
Mobile, Ala
...... .122. 24:
Mod eato Irrff. Dl*., Cal.
37
Monroe Co- I nd—
■ 431
Moaroe. S . C ..........122.
4u
MoaroeTfite, 0. -80S,388. « «
Monterey 9& u B l s C C&1 339
Montgomery. Ala
5t4
Montgomery Co., Ala..
534, 895
Montgomery Co.,Mo.3&9, 5-4
Monticello. Fla.
-. —
339
Moatoursvllle. Fa.-- - 44<
Montpelier, Vt..122,167, t 7 I
Morgan Co., Ill ....... . «»5
MorscantowB. W. V&, 167. 339
Moma Park. X. V .......
81
Mourn m. Neb . . . . . .
tM
Mooitne. *3a............ 167, 247
Mount Gilead, Ohio- . 7**
Mt. Healthy. Ohio...293, 5 <
5
Mt. Morris. X. V ... .,187, 293
Mount Pleasant School
District N o.i S . Y . . . .
4*3
Mt. Vernon. Ill....... . ...
265
Mount Vernon, la........
895
Mt. Vernon, N. Y.. .*06.
247, 293. 339, 4*3, 6*1, 695
Myrtle Point, Ore.... .37. 187
M a p s County Diamond
i v Mount’ll S. D^Cal
Nashua. & . H . . . . . . .
Naaovtlle. «
.
Naugatuck. Conxi,,.. ..
Navajo
A.
. 81.
Negatin'**' School Dlatrtct, M ich ..............
Nooaho. Mo. ........
Nootuo $eh, Di»t . Mo. .
Neptune Two.. School
District. n . ./
Newark. N.J .....247.4,31,
585,5*4, 841.
New Barbados* Two.
Sch- District, S . J. .2 0 ,
Newborn. Tenn. 187. .293,

TO

STATE

C IT Y

D E P A R T M E N T .- C o n t in u e d .

4A3 i O yster Bay. N. Y ....I 6 8 ,

82
m 5, 2*7,
883 Norfolk Co., Mas*.
8a Norristown, Pa 34,
!: O yster Bay U nion Free
m i, 612
5^4
6S4 Norristown School Dis­
3:19
trict, Pa....... ...... ...
535
North Ada® *. Mam 247. 695 O s l o A lto. Cal......... SOS,
746 t a n ola Co., T e x ............
695 Northampton. Maw. ...
V » ' Paris, T e x . . . . . . . .............
87 North Andover, Mas.s...
3SM Park* *Y>., Ind. . . . . . .
694 North Carolina. ... —
642 : Parkersburg, W . V a..
North Dakota . . . . . . M l .
346,
Northfteid. N. Y............
123
in
North Hempstead, N. Y.„
P aso* R obles. C a !,. .431,
sa
is? Pa ssa ic Co., N .J .38.247,
748
North Hempstead la w n
Passaic, N. J ...............247.
Paters*-n. N .J. . .. .. 2 9 4 .
Free School Dirt. No.
839
a, N. Y...*„........1 .
8*3
m
7 4 6 I P a rso n , Otah — . . . . . . . .

! » « w Y o r k C i t y ............................. 3W»
S r o c k . H. Y ................................... i>
C o ll r y o F o lo e , H . Y ................... 4 .
S c w t o w n , S , X ..........
So
P l o r m o o t , S , Y ............................So
E a o l P r o r l d e o c * , B . 1 ... . . .. 4 o
Q o l o r y . J I o o o .................................4 o
( o l o m b o o , O h io ......................
lo
H a r r l o o n C o u n c r , O h io .......... S o
N rnoolron . O h i o ............................. So
F o r t o m s u ih , O h i o .............. . 4*4o
S f r r l O l o o , J t lo o ............................. 6 o
B r a d fo r d , I*a .............
,. . . 4 o

F O R X A I.K B Y

Rudolph Kleybolte A Go,,
3 6 a n d W .V a *« a u S t„ S e w V o r k .
C IN C IN N A T I, O,

$ 200,000

Central RR, & Electric Co,

*94

431
684
481
483
4*3
535
An
294
384
384

P eeb les, O h i o ........
748
P e irce City, M o . . . .......
P eirce City S ch o o l D is­
trict. M o . . . . . . . . .
...
Pelham M *n >r, N. Y . . .. .
P e n Argyl, P a ......... .
P e n A rg y l S ch o o l D is­
trict, P a . . . ............ 168,
P e n n sy lv a n ia ............

#

1

0

0

, 0

0

C o..
Q ueans431, 4 N.4 Y..294. 747
840,
8 . 535, 696,

0

4-H i BONDS.
da* D ecem b er 1, 1 8 9 9 .
d o e D ecem b er 1, 1 9 9 0 ,
d o e D ecem b er 1, 1 9 0 1 .
d o # D ecem b er 1, 1 9 0 4 .
d o e D ecem b er 1, 1 9 0 3 .
p a y a b le J o o e and D ecem b er.
P rice* on a p p lica tio n .

B O U G H T A N D SOLD.
APPRAISEMENTS MADE OR QOOTATIONS
FURNISHED FOR THE PURCHASE, SALE. OR
EXCHANGE OF ABOVE SECURITIES.
L IS T S ON A P P L IC A T IO N .

N. W. HARRIS & CO.,
B AN KERS,
31 N A S S A U S T . ( B a n k o f O o m m e r o e B ld g .)

ADAMS & COMPANY,
DEALERS IN

I N V E S T M E N T BONDS,

tIS T S

SENT

UPON

Members of Boston Stock Exchange.

; No.

A P P L IC A T IO N

MEMBERS OF BOSTON AND NEW YORK
STOCK EXCHANGES.

$150,000

7

Congress and 31 State Streets,

BOSTON.

WHANN & SOHLESINGER,

R. L. DAY & CO„

FEARON

& CO. ,

Bankers and Brokers,

696

31 N ASSAU S T ., N E W Y O R K .

1 9 M ilk S t r e e t . B e a te n , t l a i a .

BONDS

695

Government ano
Municipal Bonds

New York Savings Banks
and Trustees.

and IN V E S T M E N T
SEC URITIES.

686,

30
580

BANKERS

Thi* rend hm direct connection with the City of
Hertford.
Send for earnings to Dot. 1,1307, and full descrip­
tion o f property,

t Nmmn Mtmi* New York.
*2t Chfwtnut Strt-ei. Philadelphia.

Q abina. O hio..............
OacriMnento, Cal
....
Salford School District
No, 1, Ariz__ ..... 5-85,
Saginaw. Mich.. .. .30.
12 5. 204.310, 381,484.

BANKERS,

1st Mortgage Slnkinu Fond Gold & ,
&

Edward C. Jones Co.

294

TYaolne, W ls....... ........
Bi8
•Vahwiv. N. J........39, 205
Raleigh, N.C ...L33, 248,
*84, 5 3 5
Rsndsburg School Dis­
trict, Cal......... ..
..
431
Ransom Co,, N.D . .......
«i2
Rirlt m, N. J............205,
481
Raton. N.M.83, 310.43 »,
610
Rea ling, P a .................
89
Ra i Lake Falls Indep’ c
Sch, DiS. No. i5, Minn.,
4 si, 6fl&
Red Lake Falls, Minn. . 431
Raesville Special School
District, O ....... .......
89
Reno, s7 ------- .....584,
ev
747
Renseel a » Co.. N Y . . . . .
39
Richmond Co.. N. Y.,
310, *84. 535. 695
Richmond Hill. N. Y. ...
39
Richmond Hill Soho d
District, N. / ..............
481
Richmond, vtioh..... ..
340
Richmond., Va.............. .
4W
4
Ridgefleid, Conn. ..133, 248
Upon W is ....... ..
464
Riverside Co.. Riverside
Seh Dish. Cal.l8-> 4-d, 695
Riverside Co.. Yorba
School District. Ca!.. . 585
Rochester, N. 8*i,433. 535
Rockaway Beach, N. ^..
M U .t . Hr, 20H
2
, 043
Roekdhle Co., Ga .......
3-40
Rockford, 111...... ...381, 484
Rockford, l a ......... ...
815
Roekfor I Soh. Dist., Ia..
695
Rock Island. Ill .... 133, 5 <
6
Rockland. Me........ .....
231
Ruck Valiev la 216. :*8i, *32
Rockville Centre, N. Y „
433,481, 747
Rockville, Conn.........2i8
Rome. N. Y. --------I BN. 2*8
Romeo. M ich ........ . ...
747
Rescue, Pa ... -----.....
39
Roseoe Sch. Dish, Pa... 0 9 5
itu*hfurd, Minn......200,
*84
Rutherford. N. J....... .
29*

C. H. W H ITE & CO.,

FOR

* ’35 p erc en t Kegiatered School Bonds
And Other Do*irabl» Securities,

Qainneaeo, Mi oh. . . .. ....

IN V EST M EN T S.

Investment Bonds

CITY OF NEWARK, N. J.,

205
6$t

P ittsbu rg P e eb les S ab'
S ch o o l D istrict, P a . .
294
P ittsburg Sub-S ch . D lttricts. Pa ................... . 2 ‘ M
P ltts fo rd , N. Y .................
3N
Plains Sch. D .st.. M on t.
384
Plattsburg. N. Y ............
2*8
P le a sa n t R idge, O hio.535, 746
P o lk Co., i > w a ..............
3-4
P olk Co.. M in a ........... «2,
29*
P om eroy. O h io ..........HM.
747
P on tch a rtrain L e v . D is­
trict, La.
. .......
642
P o r t C master. N. Y..349,
747
Port H u r o n . M ic h ........
693
P ortland. M e................. .
82
P ortlan d. O r e g . ............
747
P o r t RLiebraoad, U nion
Free S ch o o l D istrict
N o .A N . Y ....... ...3 9 ,
121
P ortsm outh. O h io ...,
.
168
P o rtsm o u th , Va ,...188,
21.8
P o s e ? Twp.. tn d . -------340
Potsdam . N, Y . ___ . . . . .
248
P o ttaw attam ie Co., I a . . .
»8*
P o tte r Co., l o a . ........
535
PottsvlU e. P a ...39,
881,
6t2
P rin ceton , K y ....... ............
Mt
Pu eb o Co., C o l ... . .340,
6 i2
P u e b lo Co. S ch o o l Dls t r k t No. L C o I
093
P im lsu ta w n er, Pa. . . . . .
431
Putnam Co., I s o . ...........
0*8

(Of New Britain. Connecticut-1

£. H. ROLLINS & SONS,

123
33
SS4

it

STATE OF OHIO
• 4 0 ,0 0 0
• 4 0 .0 0 0
8 4 0 ,0 0 0
• 4 0 ,0 0 0
• 4 0 ,0 0 0
I o le r e t c

6d5

Perrvsburg, O h i o ..........
535
P erth A m boy, N. J . .294,
38i, 3 ^ 5
P e te rb o ro , N H . . ...........
247
P h iladelph ia, P a ,... 123.
168,042,
740
P h ilm on t, N. Y ..
4*4,
535,
695
Pittsfield. M ass, 168,248,
29 i,
349
P ittsbu rg, Pa. .. 3S^ W .
^

INVESTM ENTS.

IN V EST M EN T S.
• 4 3 0 ,0 0 0
6 3 .0 0 0
H .0 0 0
1 5 .0 0 0
6 .0 0 0
4 0 .0 0 0
5 .0 0 0
0 .0 0 0
1 0 .0 0 0
1 0 .0 0 0
4 .0 0 0
1 0 .0 0 0
3 S .7 0 0

AND

New Braunfels, Tex. .82,
I N orth Litchfield Twp.
4-3, 584 ! H igh Sch. Dlst., H1.339, 483
New Brighton Un. Fret
N orth port, N. Y. ..53 i,
746
School District No. 3,
f N orth T on a w anda, N. Y.
N. V..333, 483, 584, 69% 746
205,
748
New Britain, Conn.,. .37.
N orth V e rn o n , In d . . ..
5^4
187, 431,
641 N orw ood, M a s s ... . 5 3 5 ,
5-31
New Brunswick. N. J,,
; N orw ood, O hio. . . — 339,
748
Sat, fill, 6 9 7
New Buffalo. Mich.
..
746 i n akdaie- p a-*** • *
• 4Si* 635
Nowburyport. Mass. 122,
! v / akiand. Cat. . . 33,205.
167. 205
339.
384
New Hartford School
O berlln. O h io.....................
265
District, la----- .247.
Ocata, F l a . . . . .. . . . . . .
695
New Haven, Coun.......... 293 O cea n C ity, N . J . . . . .........
167
.
642
New Kensington, Pa— . 383 Odell, ill . . .
| O gdensb’g,N.Y.431,53>,842, 748
New Madrid. Mo..
433
I Ogden, U tah.. _____187,
746
New * trle&os Lev©a DU
! O h i o . . . . . . . . . , . , , ................
35
trick La ... .. . 2 4 7
New Madrid School Dis­
I O hio S tate U niversity.
2i7,
294
trict. Mo ...
...........
611
187
New Philadelphia. Ohio. 122 ' O UCity Sch. Dist., P a ...
Newport, Ind ................
122 O klahom a ____. . . . . . . .
681
Newport. Ky....... .
*31 Olivia, M u m .. . . . . . . . . 2*7, sS l
Newport New*. Va — .
187 Omaha. N eb. ...334, 483, 695
| O neon ta O nion
Free
New Rochelle, N. Y..
S. D. N o. 5. N. ¥ .. 10 7 ,
205
122, 167, 293, 3-i9. *31,
515.84*, 695 i O quaw ka, 111 . . . . . . . . . . . .
743
: Orange Co.. N. T . ...........
Newton, Mass 37. 82, £>*&,
349
53% 884 O range. T e x ...............
695
i O rton ville, M inn. ..612,
748
Newton, X.C..122, 167,
247. 584 O sw ego, N. Y . . . 123. 205.
Newtown,
Krergreen
m $ 29*.
642
Sch.»ol District, S . V
441 i O ttaw a Co., O hio ...339,
Newtown. N. Y------- 122,
167
HS4. 4 3 1 , 4‘*3, 535. 642.
716
' O ttaw a Sch. DUt., Ill . . .
38
Newtown School Dis­
O tto Tw p. Soh. D ish, Pa.
842
trict. No.. 3, N. Y ........
m
New York..... ... ... ... 4 8 1 ! O ttum w a, ia. . .. . . . . . . .
643
• (JWOMO. Mich ...3 8 ,1 6 8 ,
S1H
New York. N. Y. .3S.7D
| O w yhee C
Idaho . . . .
168
123. 203, 2»>5. .1 4*4. 339.
Si. t ■!.S3S.ail.
7 4 8 O x fo rd , a la . ...431,535, 044
I O x fo r d . N. Y . . . ......... 168,
Niagara Falla Sch. Dis­
042
trict, N. Y ... ....5V% 842 O xford . 0 ........
38
Nolan Co., T e r .., ...431.

795

C H R O N IC L E

MUNICIPAL

40 W a te r Street* B enton.
7 Km m i S tre e t, K c w Y o r k ,

Biodget, Merritt & Co.,
c
BANKERS

16 Congress Street, Boston.
STATE, CITY & RAILRO AD RONDS.

Kdward I. Rosenfeld,
U D IH C IP A I,

fi E C U H I T I K S .

184 S O U T H P I P T H S T R E E T ,

H ig h -G r a d e W a r r a n t , a S p ecia lty
Write or Lilt.

PHILADELPHIA.

No. 86 Broadway, New York.

BONDS.
i

W ALL

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

STREET,

N EW Y O R K ,

C it y o f H o d n ita , M o .............
C o u n t y o f L a k e , Inti .............. 5 a
C o u n t y o f M i s s o u l a , M o n t ... 9 s
C o o k C o u n t y , II I ., P a r k . . .......3 s
L i t t l e F a l l s , M in n (S c h o o l)..4 J ^ s
C h a r le s t o n , 111 . .. . .. . 3 s & djtf*
S o u t h S id e E le v a t e d . . . . . .

(tililc&ff<* F ir s t M tge.)

MASON, LEWIS &. CO.,
B A N K E R S ,,

B O STO N : W orth in g ton B ltlg., 3 1 S ta te B»,
C H IC A G O , 171 Ltt,H alle S t

THE

796

C H R O N IC LE .

INDEX TO STATE
St. A lbans, V t ....... . ..........
123 8 io u x City, l a ...................
Slater. M o . . . . ......... .........
fit. Charles S ch ool D is­
trict, 111...........................
294 | S leep? l y e Luke, M in n.
St. Cloud, M in n ..
294,
5b5 Sleepy Eye, M inn --------gt. Francis L ev ee D lai S olvay, N. V .. .40,123,
trict. A r k .......................... ‘2 0 9 | Som erset School D is­
trict, Pa. ..
.........
St. Joseph. M o ............ 35,
*'03
Som ersw orth. N. H .
St. loseu u S ch ool D is­
Co.,
G len
trict. M o ..........................
$95 S om ervell
R ose Sch. D lst., T e x . . .
8t. Louis, Mo.
248
South B end. In d ... 123,
gt. P eter Indep. School
169.
D istrict No. 1, M in n ...
4*1
8t. Peter. M inn.. . 432,
685 South Bend S cn ool D is­
trict N o. J, O hio. —
Salem , Mass —
39.
340
S outh B end, W a s h ------Salem . O h io .......200. 294,
.........
.V 4, 4 -2, r35,
585I S outh Carolina.
Baltnn. K a n ....... 340.486,
S O S outhern P ines, N. C .. .
Southfield, N. Y.
..<23,
fa it Lake Co., Utah .40,
l 9,
200 S ou th fle'd S c h o o l D is­
trict N o. 4. N. Y . . .432.
Pan Bernardino, C a l..
4 s.
d
S outh H a d le y Falls Fire
Pan B ernardino C ou nty.
D lst., Mass.
. ...1 » 9,
China Sch. D iet., Cal.,
Hi.
165 S outh O m aha. N eb
South V ersailles S ch o o l
Pan D iego Co., D esoanso
School D istrict, C a l....
695 | Dist., P a .................. 109,
Sandstone. M in n.............
291 I Southw ick. M ass. ..........
S partanburg Sell. Dist.,
Bandusky Co., 0 .3 9 ,1 6 9 .
S. C ................. 432, 53d,
21*, 5 6.
585
Sandusky, Ohio 121, 5>-5.
642 Spartanburg. 8. C— 4H5,
200,
Ban Francisco, Cal..........
294 Spencer, M ass.
206 Sp 'kane Co.. W a s h .........
San Jose. Cal..............
Spokane, W a s h .........485,
Pan Juan Co. Sch. D>st.
Springfield, M ass. .. 82.
N o .n .N .M .
- 5*n.
123, 179.
Santa Clara C o , Orchard
School D istrict. <’ a l . . .
696 Springfield, O hio — . —
Springfield, Tenn ..........
Banta Clara Co., W illow
G len Sch. D is f . C a l...
690 S pringville. N.Y.2iO, 295,
Santa M onica. C a l.. .34 0,
585 Stark Co.. O h io.................
Statesville, N. C ........341.
Santa R ita S ch ool D is­
381, 536, 696,
trict. Cal
.................
34!
S tevens Co. S ch o o l D is­
8ault Ste. M arie, M ich.,
trict No. 52. W a s h .......
16 f ) .
294
S tevens Co.. W a s h ..........
Scarsdale U nion Free
Sch. Diet N o. 1, N. Y ..
536 Stock ton , Cal. ------S ch oolcra ft. M ich ...........
200 S tockton, N. J .. .200, 295,
S c o n s B luff Co.. N e b ....
696 Stoneham , Mass...........82,
Scranton, Mis s —
249,
4X2 Stonew all Co., T e x .. 124,
*06, 696.
Scrant-m. Pa .. .40,123,
voo
Sea Cliff, N. Y .................
747 Streator. Ill ...............384,
Sedulia. M o .............. 1«9.
240 Sturgis, M ich ............ 642,
Sharon, M ass............ 206,
*94 S tuyvesaut Sch. D „ N. v .
Suflield, C o n n .............170,
Sharon Springs. N. Y.,
636,
642 Suffolk Co., N. Y ..............
Sharpsville. P a .?9 4 , 536.
696 S ullivan C o.. M o ..............
Shelby Co., O h io..............
432 Sum m erville, Ga. .. .170,
8helby, O h io ....... .............
x « i Sum m it Co., O h io ... .341,
384,
Sherm an Co.. N e b ...........
384
Shlppensburg. P a . . .249,
294 S utter Co. L e v e e D ist.,
S hu quilak, M i s s ............
N o. 1. C a l........................
123
81msbury, C on n ................
696 S w eet G rass Co., M o n t..

IN V E S T M E N T S .
M UNICIPAL

BONDS.

E. C. STANWOOD & Co.
BANKERS,

121 Devonshire Street,
BOSTON.
I.IWTS S E N T UPON A P P L I C A T I O N .

W. J. Hayes & Sons,
BANKERS,

DEALERS IN M U NICIP AL BONDS,
Street R ailw ay B on ds, and o th e r h igh -gra d e i n ­
vestm en ts.
BOBTON, M ASS.,
C lev elan d , O hio.
7 E x ch an ge P lace.
3 1 1 - 3 1 3 S u p erior St.
Cable Address. " K E N N E T H ”

206
747
696
311
536
82
123

295
249
341
042
485

206

534
384
485
747

585
249
381
585

200

432
123
747
384

295
585
432
432
432
747
485
747
249
206
249

096
585

3*4
642

4ND C ITY

( VOL LX V

DEPARTM ENT- ^CONCLUDED.

Sw itzerland C o .,In d .......
Syracuse, N. Y ...8 2 , 170,
200. 295. 486, 530,

747

X\T aco. T e x ..............8 4 .
637
add ington, N. Y .40,
83
W adena , M in n ...40. 124,
170,295.
341
acom a, W a s h ...............
532
W ah kiak u m Co. School
am aqua. P a..................
206
Dist. No. 1, W ash..H85,
585
T a rrytow n . N. Y .40, 485,
747
W alla W alla Co. S ch ool
T a u n ton , Mass. .530, 585.
D istrict N o. 14, W ash.
642
642.
433
f 96 W allin gton , N. J .............
Taw as City, M ich ..........
341 W a llin g to n . N. Y .............
207
T ocu m seh , O. T ..............
485
W altham , M ass. .. .124, 170
T e n n e s s e e ..................... 40,
250 W a re , M ass........................
124
T e rre H a u te , Tnd
385,
W arren Co., N . J .............
124
432, 485, 64*,
747 W arren, O h io ............ 124,
290
T e x a s ................. 203, 291,
6S1 W arren , P a ........................
40
T h ibod au x, L a ..............
385 W arren . R. I
.......
. 696
T h ie f R iv . Falls. M inn . .
747 W ashburn, W i s .........170,
vOO
T h om a s Co., K an
—
585
W a s h in g to n .....................
743
T h o m a s Co. S ch o o l D is ­
W a sh in gton . G a ....... 171,
697
trict No. 4, K an .........
585
W ash in gton Co., G a.......
290
T h om a ston , G a .........
206
W a sh in gton Co.. In d __
537
T h ree Rivers. M ic h .........
485 i W a sh in gto n , In d .........
097
Tiffin. O h io .295. 341, 385.
536 : W a sh in g to n T w p., I n d ..
585
T ip p e ca n o e . O h io ... .536,
642
W a sh in gto n , N .C ...........
83
T iverton , R. I .........‘2 9 5 ,
433 W aterbu ry Central Sch.
T on toga n y, O h io..............
385 i D ist.. C on n ............ 385,
5*5
T o tte n villa, N. Y — 124,
, W a te rlo o , N. Y ................
124
170, 206. 295, 341, 385,
W a tertow n , Mass ...........
296
4X3. 485. 537, 585.
747 W atertow n , N. Y ...........
747
T ren ton , M o.................—
40
696 W a te rv ille , M e ..............
T ren ton . N. J ...............40.
82
W aterville, M in n .............
40
Trinidad, Col. . . . ............
250 W au seon , O h io ................
171
T roy, N. Y ..........................
208 W auw atosa, W is........ 40,
T roy, O hio....................537,
585
200, -2 9 6 ,
341
T u scaioosa Co., A l a >—
124 W a v e rly In depen d. Sch.
T y ro n e , P a . . . . . . . ............
170
D ist., I a .............. 40. 385, 642
W a v e r ly S ch o o l
D isnion, S. C .....................
537
trict. P a ............................
342
nion T w p.. Tnd..........
582 W a ycro ss, G a ...................
697
’ U nity Tw p. Sch. D ist.
W a y land, N. Y ...........385,
433
N o. 8, O h io .......................
40 W ayn e sb o ro u g h , V a .
171
U pton. M ass......................
6 i2 W e llesley, Mass. __ 41,
83
Urbana. O h io....................
385 W e s t B a v City, M ich .83,
Utica, N. Y . ................ 295,
341
250, 290. 312. 385,
433
W e s t C h icago, 111. . 5 8 5 .
048
ail8burg. N . J ..............
537 W e s t C o n sh o h o ck e n Sch.
alley City, N . D.........
250
Dist., P a ..........................
486
Val V erde Co.. T e x . .250,
W estfie ld , M a ss................
643
341,
585 W e ste rly , R . I. .206, 342,
Vandalia, 111..............537,
585
385. 5 8 8
Van W e rt. O h io--------124.
250 W e ste rn Irrig. D ist., Big
V ern on dale S ch ool D is­
Springs, N eb ....... .........
41
trict, Cal.................. .385, 5 S 5
W estfield , N .J ..................
83
V ershire, V t......................
385 W estfield (Staten Is lV icksburg, M iss...............
200
and ), N. Y ...........41,83,
124
V icto r. C o l......... 170, 537,
696 W e s t H a rtfo rd , Conn.
V ictoria, T e x ....................
747
171., 097 747
V ien n a , M ic h ...................
295 W e s t M ansfield, O h io ....
206
V lnelan
S ch ool D is­
W e s t M cH e n ry . I l l .........
585
tr ic t. C al
W e s tp o r t, M o ............ 342,
747
685

T

U

Y

M IS C E LL A N E O U S .
1850.

1897.

The United States Life
Insurance Co.
IN T H E C I T Y O F N E W Y O R K ,
A ll policies now issu ed by this Company
contain the fo llo w in g clauses t
“ A fte r one ye a r from the d ate of Issue*
the lia b ility oi the Company under this
policy sh a ll not be d ispu ted.”
“ T h is policy contains no restriction
w h a te v e r upon the insured, in respect
e ith e r oi tr a v e l, residence or occup ation.”
A ll D eath C laim s paid W I T H O U T D I S ­
C O U N T as soon as satisfactory proofs h a v f
been received.

Active a nd Successful A gents, w ishing te
represent th is C om pany, m a y com m uni­
cate w ith the P resident , at the H om e
Office, 261 B roadw ay, New Y o rk .
OFFICERS:

BONDS

Railroad

Municipal

Descriptive Circulars on Application.

7 0 SOUTH STR E ET.

AUBURN, N E W Y O R K ,
A u ction e e r,

A p p r a is e r

and

N e g o tia to r.

M akes a Specialty o f Selling R E A L E S T A T E and
P E R S O N A L P R O P E R T Y fo r parties w ishing to
R E A L IZ E Q U IC K L Y .
^
M akes a Specialty o f Selling Securities fo r M U N IC­
IP A L IT IE S and C O R P O R A T IO N S, th at requires
exten sive advertisin g f o r purchasers,
M akes a Specialty o f N E G O T IA T IO N S f o r H O T E L
P R O P E R T Y , SE C U R IN G L E A S E S , A P P R A IS IN G
FU R N ISH IN G S, B U Y IN G and S E L L IN G .
Business con n ection s w ith Syracuse. H eadqu a r­
ters, Y a tes H otel.

FINANCIAL REVIEW.
ANNUAL.

1885 — 1897 .
T h e annual issues fro m 1885 to 1897 fo r sale at $2 a
volu m e or $25 f o r th e 13 volu m es.
A fea tu re o f th o R ev iew is a five-year m on th ly
range o f S tocks and B onds.

W IL L IA M

B . DANA

R A N G E O F P R IC E S .

COM PANY,

76W Pine Street N ew Yt*rk.

an k ton Co. S ch o o l
Dist. N o. 60, S. I ) . . .
486
Y avapai Co., A riz
_
093
Y ea don , P a..................486,
537
Y on k ers. N. Y . .433. 537,
586
Y on k ers S ch o o l D istrict,
N. Y ............................ 433.
486
Y o rk Co., N eb ...........296,
386
Y o r k S c h o o l D ist., P a ...
586
Y o u n g sto w n . O ... 41,125,
250, 290, 342, 433. 480,
643.
097
Y p silan ti, M ic h ........
433

Y

J a n e s v il le , O h io ..........
Z J u m b rota , M in n .........
Z u m brota Sch. D., M inn.

486
260
34 2

O F M IL W A U K E E .
C A P I T A !,,
SU R PLUS,

8 1 ,0 0 0 ,0 0 0
8 4 5 0 ,0 0 0

T ran sa cts a G eneral Banking and F oreign E x ch an ge
B usiness. C ollection s re c e iv e Special A tte n tio n .
O FFIC E R S :
F. G. B i g e l o w , P r e s ’t.
F. j . K i p p , CaBhier.
W m . B i g e l o w - P res’t. T . E. Ca m p , A s s ’t C ashier.
F. E. K r u e g e r , 2d A s s ’t Cashier.

San Francisco,
The First National Bank
O F SAM F R A N C IS C O , C A L .
UNITED STATES DEPOSITARY.
C a p ita l, 8 1 , 5 0 0 , 0 0 0 I S u r p lu s ,
8 9 5 0 ,0 0 0
3. G. M u r p h y , Preiident, Ja s . K . L y n c h , C a.h l.r
L i m a MorriTT, V.-Pre«„ J. K. MovriTT, A»t. Cat!
General Banking Buglneii. Account, Soltottec

Canal Bank,
N E W O RLEAN S, LA .
(S u ccessor o f N. O. Canal & B a n kin g Co.)

FINANCK COMMITTEE.*

Fred. M. Smith,

385

FIRST NATIONAL BANK

C. P . F R A L E I G H ..........................
Secretary
A . W H E E L W R I G H T ................... A ssistan t S ecretary
W IL L IA M T. S T A N D E N ................................... A ctu a ry
A R T H U R C. P E R R Y ............................................Cashier
JO H N P. M U N N ................................... M edical D irector
GEO. G. W I L L I A M S ..............P res. Chem . N at. Bank
JO H N J. T U C K E R ......................
Builder
E. H . P E R K IN S , J r ., Pres. Im p. & T rad ers’ N at.B k
JA M E S R. P L U M .................................................. L ea th er

T a enia, O ............ 83,250,

BANKS.

G E O R G E I I . B U R F O R D ..................P resiuem

41 W all S t .. N. Y.

W e s t Springfield. M a*i..
747
W e s t Superior, W i s . . . . .
296
W e s t U nion , W . V a . . . .
747
207
W e y m o u th . M ass.......83,
W h a rto n , T e x ............. .
747
W h eelin g, W . V a — 298.
342.613,
747
w h ite fle ld , N. H ............
41
W h ite sto n e , N . Y ...... 83,
486. 685.
697
W h ite Sulphur Springs,
M ont
................*96,
586
W ich ita . K an.. .385, 586,
040
W ich ita Seh Dlsfc., K an.
747
W illim an tic, C o n n ...207,
250
W ilm in gto n , N. C— 171,
4'<3
W in ch e ste r. Mass .........
171
W in d fa ll Sch. D ist., In d .
433
W inona. M in n ..25o. 586,
697
W in ton P lace. O h io .433.
697
W iscon sin
....................
381
W iseburn Sch. Dist.. Cal.
34*
W obu rn . M a s s ..................
433
480
W o m e ls d o r f, P a ..............
W o o d h a v e n , N. Y ............
83
W o o d h a v e n School D is ­
trict, N. Y .......................
260
W o o d s to c k , 111................
43*
W o o d s v ille , N. H ............
433
W o o le y S ch o o l D istrict
N o. 45. W a s h ..................
537
W o o n s o c k e t, R . 1..............
124
W o o s te r. O h io .......... 537,
748
W o rce ste r, M ass ...125,
*33, 486, 5 8 6
W o rth Co., M o ..................
680
W u rts b o ro , N. Y.171,537,
586,
748
W y a n d o tte , M ich ...433,
486

C A P I T A L , $ 1 ,0 0 0 ,0 0 0 .
J.

C. M O R R IS , P resident. E D W A R D T O B Y , V ice
Pres. E D G A R N O T T , Cashier
C orrespon d en ts—N ational City Bank, N ationa
Bank o f Com m erce, N ew Y o r k ; B o a tm e n ’s Bank
St L o u is ; N. W . N ationa l Bank, C h ic a g o ; M e r ­
chants’ N ational Bank B oston
»

SECURE BANK VAULTS

18 7 8 — 1896.
OUR A N N U A L

THE

FINANCIAL

REVIEW

G iv e s a m on th ly ran ge o f S to ck and B on d Prices
f o r five years.
1883 48306 g iv e s ...................
1878-1882
1888 issue g iv e s ...........................1883-1887
1893 issu e g iv e s ...........................1888-1892
1897 issue g iv e s ..... . .............. 1892-1896
P R IC E , $2 P E R CO PY .
W IL L IA M B. D A N A C O M P A N Y , 76% P in e St.. N.Y

Bank and Trust ComoanvStocks
New York and Brooklyn
BO U G H T A N D SO LD .

C LIN T O N
ti

W A U L , S T ..

G IL B E R T
NEW

YORK.

C E N U IN E

WELDED CHROME STEEL AND IRON
R ou n d and F la t Bars a n d 5 -p lv P lates and A ngles
FO R SA F E S, V A U L T S , &c.
Cannot b e Sawed, Cut o r D rilled, and p ositively
B u rglar P r o o f.

CHROM E

STEEL

W ORKS,

K ent A v e .. K eap & H o o p e r 8ts.
Sole M an’ f ’ers in th e U. S- B R O O K L Y N . N . Y

A. Strass burger,
STO CKS & BONDS B R O K E R
SO U T H E R N IN V E S T M E N T S E C U R IT IE S

Montgomery, Ala.