The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
Q u o ta tio n
- S u p p l e m e n t ( m u m *)
I n v e s t o r s S u p p l e m e n t (q m ^ )
-S t r e e t K a il w a y S u p p l e m e n t ( & & $
S ta te a n d C ity S u p p le m e n t
[But -rwl a ccording to A ct o f CoagroM , a the y ear 1396, b y the W il li a h B. D aha Co m p a n i , lu the office o f the L ibrarian o f Congress.
SATURDAY, OCTOBER 24, 1896.
VOL. 63.
NO. 1,635.
XTeek ending October 17.
S ite
C D h cou tcIe.
CUartnge c
Sew tone..........
Terns at Subscription—Payable ia AArance:
Philadelphia.......
Pittsburg............
For One Year...............
.................. ............................. . #10 00
Baltimore............
6 00
Fir Six Months......................................................................
BuBdo.............
K iropean Subscription UoelaiUagSKMitake)............. .—
12 00
Washington........
Eiropean Subscription Six Mouth* iunlading postage).
7 00
Rochester........... .
Annual Snbeortptlon In London (inoiudteg postage) — 6 2 10a.
Syracuse........
Six Mo*.
do.
do.
do.
. . . . # 1 10a.
gcrantoo...........
Tae rsveermsA’ S o m t a e r r will be furnished without extra charge Wilmington—.,..
Binghamton......
to every annual subscriber of the C u a s t a c u t AJtn Fihakcial
Tots! MlSSls...
Oa e o s ic te .
The Sia t s aim Orrr Scppu iw sst will *Uo be fnraiahed without Boston..,,...........
extra charge so every aabsoriber o f the OilWMriCL*.
P rovidence.......
The 3t « k« t H sttw ar a c m e w n s T will likewise be furnished with Hertford..............
New lla ren ....,..,
out extra charge to every subscriber of the C h H W lcut
S
boaeaeid..........
The QtMrrxno* 8 0 W, lrm #* t, tseued monthly, win also be furnished Worcester...........
.
without extra charge to every subscriber o f the Ca no sinus.
File {severs are sold at SO cents each: postage on the seme t* 19 fm hiveii:"::;:
oeots File cover for supplement* can be bad at offlee for 85 cents or
S e g u e d ford.::::
mailed for 90 cent*.
Total Sew Bog.
Terms of Adrertlsln?—(Per Inch space).
on e lim e............................... #3 SO |Three Months (13 tim es)..#35 00
O n Month
<* times).. 11 00 Six Months
(36 •* >.. 13 00
Two Month*
(8 « ) . 18 0 0 1Twelve Month* (52 « ) .. 58 00
(Tne above te rn s for one month and upward are for standing cards.)
London Agents:
P in e S tre e t, C o r n e r o f P e a r l s tr e e t,
GLBA R i m
NEW Y O R K .
HO USB R E l URN'S.
The follotria* table, m vle up by telegraph, etc.. Indicates
that th*- total bank clearings o f all the clearing houses
o f the United 'States for the week ending to-day, October 21,
have been Si,017,918,148, against 11,033,451,799 last week and
H ,H 9,4 il.iw l the corresponding week o f last year.
Cixtam ns.
Of l^tgraph.
W<t*k Bmd-im OwWSwriI.
tw o .
1695,
Percent,
Kew Yolk................. .......... ..
Boevm .............................. — .
paitws«i>iit»...— ...............
BMtimor®...............................
Cm cage ...... ........................
8 t. Louis ------ -----------------Hew O rleans............... .........
M73.*wi.s*a
75.964.157
*9.445.559
11.391,5(6
77,95 a. *99
19.39i.6T9
6.150.5S4
*435,535,631
T#.Bl3,Sn
69,351,677
11,330,731
77,906,517
19,820,982
15.616, *35
-lt-H
- ia
-S 3-0
T 1*4
-t-0'01
- 22
—470
Seven on lee. 5 d a y s........
Other nine*. 5 d e rs----- -------
671 *.369,479
138,9*7,9*3
p m M is J k i
1*6,649.7*1
-U 4
- 8*8
Total alt Cities. S day* . . .
Alt Cities. 1 day.................
*616,317.40*
166,496,7*1
s
166,964,669
"MiU.
wm k
f 1,017.810.141
572.500.163
m
Seattle.............
Spokane...........
Fargo...... ..
Sioax Fan*..
Tot*) Peeldo.,
II
6*0.656
m »su a i na.rn.m t
I
I
«tg,bt>
-8-7
»«.MI .sin
133,13S O
7.b*,.»rs
W.661,80#
9S.W9.286
JSS5SS
90,367,128
U.:«7,060
6.616,695
is o s
6,760,01*
6,917,176
sm m
fcSSS?
pzs&
lefeAstffrl
n
w B
m\wi
883,884
200.^00
mkwi
ill 0|3
14*5-000
275.249
f e
s&voo
UII.W7
2 IBAm
t*um . ..
hi
b K
i.m.no
" S
S5*
moMt
» 0.7Hl
14.070
171,. -9
181.9,
n .m ,m
n.An u(i
*,^2jf.W
6, 110.675
S.07...I9;
W
Denser.............
11 tr io ;p o r t .........
tAimm&
i,mr,tm
- 13-7
2M,m
+7)is
M,£-;
70.0H
42,70. jm
*r,«« m
1SJ74 470
ri.ri7.iH
4 «.54,7|7
:i,828,20i
4,407.781
r.
Bioax C ity .......
wtehtfeis. .........
Tnmkm...........
Fmmmt,
ttwUBtf*.........
A
^AT.tanah........ .
R felim oad..,,.....
......
AllittU........ ........
Onllte.
Smhnm*.
SoHotk..., . ,Hi4,
......
*v»n Worth,.......
AifMtd. ... ... ,,
Birrnm-fhwa* .....
KnoxTUto* ........
.......
JlWksWHITfB# ... ,,
1,052,517M0 ‘.272
lA ®
.870.720
Cb«)ti*of>oa»i.......
Total Soathera,
77,524^80
i/zmjhSTm i
&m*mm
Oot#ida ff, York.
m ooo
J24.188
-ii-i lifM h m Tdi,mA82
+20
18.99).*! 2
854,380
i umm
■H0-5
2,112.072
059.024
*
«S 8
im.nlfi.
TlH
-H «
607,541
s»s»
583.177
5:0.657
£*50,074
—h i
■mm.
s™pi«i.v.'.::::::
Tot%I
77.100.85*
869,908
7)53,7
rrg m
Kansas City...,,
MH,no*palls......
ft.
?.0r0.500
IW£*H
1.426 811
MB4.254
hJL-n.h
«.035^SLw
IM W l
1,2*2,155
oth*r West,
-1 0 9
Ijotltev,,
- »■ 3 St,
Sew Ort«uuL...<.
—19*7 QfttVOftML..........
The full ' l e t a t o f clea rin g for the week covered by the
above statement wit! be given next Saturday. We cannot,
o f coarse, fam ish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all oas»< estimated, aa we go to pres# Friday night.
We present below our usual detailed figure* for the pre
vious week, covering the returns for the period ending with
Saturday noon, October 17, and the results for the correspond
ing week in 19!« , 1994 and 1343 are also given. Contrasted
with the preceding week there is an increase in the uggrtexchanges of nearly forty-nine million dollars, but at
e
1 York alone the gain is only thirteen and a half mil
lions. In comparison with the week of 1896 the total for
the whole country shows a decrease o f 11’l per cent. Compnr-d with the week of 1891 the current return* record a
gain of 9-9 per cent and the excess over 1894 is 11 ’8 per cant.
Outside of Xew York the decline from 1897 is 13 0 per cant.
The increase over 1894 reaches 1*8 per cent, but making com
parison with 1893 the gain is seen to be 9 8 per cent
82.SI5.24B
90.7*8.7
SortBgSetd, Ohio..
Canton.................
Dayton*..............
Tot. Mid. West'r
T en on**..............
776 M7
330,000
597,033,520
a
07**553,591
R o c. k fo
..
’o rrdd . . . , . . . .
Silt Lake City..
Port) end.. ......
Los Angeles...,
Helen a---- -------
1,7*'{,770
1.474.063
l.i»,lS8
i
hjm
h-wn....
1893.
tM.818.89S
<•* i'.MSS
nt,4'«.8«3
13.171,659
4,515,h««
&i m\w-*
I3.St6.0l3;
lA.bWJlXil
A kron....
Bey City.,
8s o F r a n d a o o ..
ism .
tm .
!8 8 g *
Cieveiaad........
Muwausee.....
'-ombns...,,.
lUnAPOllS ...
Messrs. B b s a i m & Sisrra, t Drapers’ Oardens, E. C.. will take sub
scriptions and advertlsemen:a, and supply single copies of the paper Onus# Rapid* .
*S l» , each.
L e x in g t o n .........
Kalamaooo...,.
W I L L I I V| It. D A N A f O h P A N V , P u b lis h e r s ,
1* MR O rrioa Box 959.
isoe.
S.«l,7».)
I.ir.t <30
LKtii.i a
7 0 ),ffi»f,
t.'.i.ru •
m.sss
73,mi
S7.I89.4I7
18,1)48,620
8,910,807
7.484.567
5,087.060
M
534>:w
177
311 579
424.010
94.470
80,000
m ii 9.896
20,407,877
10.743 2 24
4 140,0X7
4 141.950
3.(M4.wi5
i .«*62,ft82
1*327.451
1,080,410
734,473
i.X2tS,367
l.ios.unf
552403
-*-l
~™
S'5
+er»
ifi!
-i-t-2
—100
125,239
—I t ’S
801.091
—3-0
170 909
—14 w - ee.bWM' ~ w m m
-ell 1 940,517 649 QH,807,110
419,377*100
-u
10.057,115
1,110.7**1
MAS,171
704 Ml
St. Jabn*........ .
T o t a l C a n a d * ..
m
w ill
N89S
f>«?> 778
SO.8i8.230
* Not inefuied in tatals#
~TT;
St, 188,586
ft,»49,WI0
1.105.8:10
705,888
'leicMT o
730
THE CHKON1CLE.
[Y ol. LXII1.
ing to $5,025,000. A San Francisco dispatch on
Thursday, in announcing the arrival there of $2,375,The stringent money market has largely dominated 000 gold from Australia, reported likewise that
affairs this week, and the hoarding of gold and cur another similar amount had been engaged, while
rency has been the leading influence inducing strin Kuhn, Loeb & Co. have $1,000,000 and the Bank
gency. A very encouraging sign is that as the week of British North America $375,000. These sums,
closes this hoarding spirit is becoming much less eager. added to those reported last week as then in transit,
The present gold inflow added to the control that the would make say $20,000,000 shipped to the United
United States for the time being has of the gold cur States during the two weeks. Of this amount
rent (which the renewal of the imports of that metal $275,000 arrived on the St. Paul and $1,140,000
the last two weeks have satisfactorily proved) to on the Lucania on Friday night of last week,
gether with the daily accumulating evidence that Mr. $500,000 on La Gascogne on Monday, $930,000
McKinley is to be elected, have been instrumental in on the Columbian at Boston on Wednesday, and
effecting this check to the hoarding propensity. No $1,810,000 at New York on the Lahn on Thursday ;
better evidence could be given of this change than the total, $4,655,000. One important fact in connection
fact that last Friday the ruling premium paid for with the gold movement is that the rise in exchange on
gold was i to f of 1 per cent for spot, \ of 1 per cent Thursday, together with the decline in the gold pre
to arrive and 1^ per cent for November contracts; yes mium, have served temporarily to cheek gold engage
terday the premium paid was 1-16 to £ of 1 per cent ments in Europe. The open market price of bullion
for spot and to arrive and J to 1 per cent for November. is down to 77 shillings 10J pence per ounce in London.
Hoarding, we should remember, is only one symp There was a deposit of $600,000 gold in the Subtom of a general malady that pervades all circles; it is Treasury in exchange for legal tenders on Thursday,
illustrative of the fact that the business of the country thus replacing a like amount which was withdrawn last
is still being carried on in some measure almost every week. Yesterday there was a withdrawal of $1,300,000.
Bearing on the future of railroad earnings, which a t
where under the weight of the free silver populistic
scare. We all see that this is the case even to-day in present are making rather unsatisfactory comparisons
our security markets; prices of bonds and stocks are with a year ago, the indications favor a very decided
higher, to be sure, but the prevailing complaint is there improvement in the near future. We publish to-day
is no investment demand. In our merchandise mar our statement of gross and net earnings of United
kets the same situation is even more evident; no States railroads for the month of August, and it shows
business is being done except for immediate consump ■ a loss of nearly 6 per cent in the gross and of over 7
tion. The feeling is buoyant under the promise par cent in the net. We also publish our usual com
of speedy relief, but current sales are small— much pilation of the latest weekly returns, covering this
smaller than a year ago. Those of our manufacturers time the first and second weeks of October. For the
that are running buy their raw materials in a very first week of the month the decrease from last year is
limited way and turn out goods only to meet the actual 3'83 per cent, for the second week of the month it is
These losses, however, as is evi
demand. The whole situation is perhaps best des 6'58 per cent.
cribed as a half torpid state to last during the winter dent from what has been said above, represent
not normal but abnormal conditions. Tney aro the
of our discontent.
One effect of this hoarding and of its resultant dear result of the check upon enterprise occasioned by the
money has been made evident by the disturbance in pending election and the momentous issues which it
the wheat market. The pressure has been chiefly felt involves. But the election is now only ten days off,
at Chicago, where the greater portion of the specula and unless all sigas fail the result will be such as to
tion in that and other grains has centered. Tne vast prove very gratifying to business interests and effec
amount of these products moving and the extent of tually put at rest doubt regarding our standard o f
this speculation have made it expensive for operators values.
It follows that oar manufacturing industries must
to carry cash wheat into December. It is reported
that 17 per cent was paid for making the exchange on revive as soon as the result of the election is announced
Thursday and yesterday it cost 17£ par cent. We and it appears that expectations are fully met. We
do not mean that the check to the speculation in wheat get an idea what such revival will mean when we bear
has been due to dear money. The first downward im in mind that the iron furnaces at present are turning
pulse was lower markets in Europe. As the speculative out five million tons les3 of pig iron per annum than
rise had been so rapid, the reported decline in London twelve months ago, this contraction involving an enor
and Berlin, with free sales, quickly started a downward mous diminution in the shipments of coal, iron ore,
movement at our grain centers, and that developed &c., as well as in the finished products of iron and
into disturbed conditions both in the grain and money steel. In other industries the curtailment of produc
markets. Money in Chicago was reported at only 7 tion has doubtless been les3 pronounced, but in al
per cent on Thursday and at 8 per cent yesterday.
there has been a great falling off, with a conse
Our London correspondent cables us that of the quent heavy decrease in the shipments over the rail
withdrawals from the Bank of England this week roads of both the raw material and the finished
£1,543,000 was
for the United S;ates, and goods. But in addition to the larger merchandise
that on Friday (yesterday) the Bank sold for traffic in sight for the railroads, thsy also have the
export to New York £102,000 American Eagles. prospect of a very heavy grain movement. We pointed
These withdrawals would make the shipments for out last week that not only had the grain yield been
the week from London to the United States heavy the present year but that there are also very
about $8,225,000, less $423,000 which was with large supplies left over from last year, more particu
drawn last Friday and shipped Saturday. Of the fore larly in the case of corn, where the crop ha3 been over
going the cable announced on Tuesday that engage two thousand million bushels, both last year and this,
ments for gold had been made in London, amount year.
THE F IN A N C IA L
SITUATION.
Oc t o b e r 24, 1896.]
THE CHTtONICJLE.
Most important of all, perhaps, there is good reason
for believing that the roads will not sacrifice all profit
in moving the large business which seems to be in pros
pect. Efforts are steadily being made to improve the
rate situation. Daring the summer rates were very
low— on grain because of the low prices ruling for ag
ricultural products, in other cases in part for the same
reason, in part because of the lack of harmony
among the roads. Grain prices have decidedly
improved in recent weeks, and that removes
the necessity for concessions on those classes of
freight.
At the same time more harmonious
relations are being established among the roads in
various parts of the country. lienee the tendency of
rates is now upwards, where a few months ago it was
strongly downwards.
Some advances were made
the 1st of October and other advances are announced
for the 1st of November. In the South the change of
ownership in the Ssaboard Air Line has clarified the
situation, and there seem3 little danger of farther
trouble in that quarter. In the West the Presidents
are at work formulating a plan for a new Freight As
sociation, modeled on the lines of the Joint Traffic
Association and the Southwestern Traffic Association.
On the whole the outlook appears to be as promising
in this regard as in the other particulars.
The annual report of the Buffalo Rochester & Pitts
burg has been issued this week. The road is a large
carrier of bituminous cosi, and like all roads of that
class is obliged to move traffic at very low rates. For
the late year the average was a trills higher than in the
year preceding, but nevertheless was only 4*7 mills per
ton per mile. The average is lewer even than that for the
Western New York & Pennsylvania, which for the
same year realized a little over five mills per ton per
mile. The average on the Rochester & Pittsburg
has steadily declined since 1890, the late year
being the first in which the downward course
was even to a small extent arrested. As recently as
1891 the rate averaged six mills per ton mile, and
the decline to 4'7 mills represents a shrinkage of over
20 per cent. There is only one way in which to
meet such conditions where it is so hard to ob
tain even a fractional advance in rates, and that
is by enlarging the volume of business. In the case of
the Rochester & Pittsburg a very marked expansion in
traffic has beeu established. Thus in the late year
the number of tons of freight moved was 3,775,504
against only 2,390/878 tons in 1891, and the number
moved one mile 542^ millions against 333£ millions.
It will be observed that the increase for the five
years has in both cases been, roughly, about 60
per cent.
The income account for 1895-6
shows that after meeting all fixed charges
for the twelve months and expending 120,553 for ex
traordlnary expenses and improvements, there re
mained the sum of $117,644 to be carried to the credit
of profit and loss account, against a credit in the
previous year of $42,669.
On June 30 1895 the
balance sheet bad shown that the company had
$878,970 of bills payable outstanding, but through
the application of surplus income the amount was
reduced to $762,000 by June 30 1896.
Money on call, representing bankers’ balances, hss
loaned this week at 10 and at 3 per cent, averaging
about 6J par cent, and banks and trust companies quote
7 to 8 per cent. The higher rate at the Stock Ex
change was recorded on Monday, but later in the day
it fell to 6 per cent and then, as well as on succeeding
731
days, the market was supplied in the afternoon with
round amounts by one of the large bankers, and on
Wednesday 3 per cent was the lowest of the day.
Thereafter for the remainder of the week the business
was chiefly at 5 to 6 per cent, the New York market
being fairly well supplied with money an call.
Very little is doing in time loans. The demand is
greatest for sixty to ninety days and rates for these
periods are 6 per cent and a commission, which would
make the loan cost from 8 to 10 per cent. For longer
periods the quotation is 6 psr cent and a smaller com
mission and engagements can probably be secured fo
a year at about 6£ per cent. It is reported that efforts
have been made to negotiate loans upon commercial
sterling as collateral and the rate mentioned is about 8
per cent. Some of the foreign bankers have been
offered such contracts, but so far as can be ascertained
few transactions have been effected. The commercial
paper market is almost lifeless, and quotations are nom
inally 7 to 10 per cent for the best names. The busi
ness done is chiefly in notes made for the purpose o
taking up tnaturing paper, thus practically extending
loans previously made.
Rumors have been current during the week that the
negotiation of the new Spanish loan had failed, but on
Thursday the Paris bourse was firm for Spaniards on a
rumor that the loan had been arranged. It was
reported early in the week that Russia is about to
bring out a new £40,000,000 loan, but the time for its
issue was not stated. The Bank of England minimum
rate of discount was advanced on Thursday to 4 per
cent. | The cable reports discounts of sixty to ninety
day bank bills in London
per cent. The open
market rate at Paris is 2 per cent, at Berlin it is 4$
per cent and at Frankfort 4 f per cent. According to
our special cable from London the Bank of England
lost £l,4ui,365 bullion during the week and held
£36,099,178 at the close of the week. Our corres
pondent further advises U3 that the loss was due to
the export of £1,758,000 (of which £1,543,000 was to
the United States, £165,000 to Egypt and £50,000 to
Turkey) to £213,000 net received from the inte
rior of Great Britain and £48,000 imported from
Portugal— making in the aggregate the net loss of
£1,497,000.
The foreign exchange market was very weak on Mon
day, influenced by a pressure of commercial bills and by
active money, and Brown Bros. & Oo.’ s posted rates were
reduced to 4 8ff£ for long and 4 84 for short, the low
est figures of th9 year, and the lowest since August
1893, when they were 4 80£ for sixty day and 4 83 for
sight. On the following day the tone was steadier
and on Wednesday stronger, in consequence of dearer
discounts in London, foreshadowing an advance in
the Bank of Eagland rats ; and also because of a d e
mand to cover gold imports. On Thursday the mar
ket was quite strong, and some scarcity of commercial
bills was reported, probably due to the delay in the
movement of grain to the outports through the car
famine on the principal roads in the West and South.
Rates for actual business were lowered on Monday half
a cent for sixty day and for sight, compared with the
close of Friday, to 4 80@4 80£ for the former and 4 83^
@ 4 83| for the latter, while cable transfers were reduced
one quarter of a cent to 4 84@4 84J. The market was
unsettled for long and barely steady for short and
cable transfers at the close. On Tuesday the tone
was steady to firm at the close and the only
change made in rates for actual business was an advance
782
THE CHK0N1CLE.
of one-quarter of a cent in the bid price for loDg, mak
ing the quotation 4 80^@4 80^-. On Wednesday rates
for actual business were one-quarter of a cent higher for
long sterling at 4 80|@4 80£, and half a cent higher for
short and cable transfers at 4 83f@ 4 84 for the former
and 4 84£@4 84f for the latter.
On Tours-lay
the market closed quite strong, influenced by the rise
in the Bank of England rate, by a scarcity of bills and
a good demand, and rates for actual business were half
a cent higher for long and short at 4 81@4 81-J for the
former and 4 84^34 84£ for the latter, and one-quarter
of a cent higher for cable transfers at 4 84f @ 4 85.
Yesterday there was a further advance of one-half a
cent in 60-day bills and cable transfers and one-quarter
of a ceut in sight. It was reported that between
£300,000 and £400,000 long sterling had been bought
for investment. The following shows the daily posted
rates for exchange by some of the leading drawers.
[V o l . L X III.
IN TIM ID ATION — WHO IS DOING IT ?
The most recent invention the fertile imagination of
the Bryan people has fabricated appears to be a charge
of intimidation; the poor wage-earner, it is said, is
being made to act contrary to his judgment by the rich
employer. As proof Bryan and his committeman have
cited no other conditions but those which their owu
acts have produced. They state the well known fact,
that ever since Bryan was nominated factories of all
sorts, in increasing numbers as the weeks have passed,
have been shutting down, the managers claiming that
the Free Silver Populistic movement had kdted busi
ness and made it necessary. Again they assert, which
most likely also is true, that these managers in some
cases have been known to say that they would open
their works after election unless Bryan was elected,
and in that case the time of opening would be un
certain. Finally, as a sort of corollary we suppose
DAILT POSTED KATES FOR FOREIGN EXCHANGE.
from the foregoing, it is claimed that “ great corpora
F rt..
Mon ., Tims.. W ed .. T hur ., Fr i .,
* * * are en
Oct. 16. Oct. 19. Oct. 20. Oct. 21. Oct. 22. Oct. 23. tions, with scarcely an exception,
80*
81
81*
82
60 days.
81*
gaged
in
a
concerted
effort
to
coerce
their employes
Brown Bros....... 5
84*
85
T
84
( Sight....
84*
85*
82
82
82
S60 days.
81*
into
voting
at
the
approaching
election
rgainst their
Baring,
82X
62X
84*
86
85
85*
85
85
Magoun & Co.. ( Sight....
own
convictions.
*
*
*
If
this
conspiracy
succeeds
82
82
82
81*
(60 days.
81*
Bank British
81X
84*
85
85
84*
S5X
No. America.. (Sight....
84X
government
by
corporations
will
have
succeeded
gov
82
82
82*
560 days.
82*
Bank of
81X
SIX
85
85
85
85
84*
84*
Montreal....... ( Sight....
ernment
by
the
people."
82
82
82
82*
82
Canadian Bank (60 days.
sax
85
85
85
of Commerce.. (Sight....
SiX
84X
S ix
Tnese accusations it will be seen dove-tail into one
82
82
81*
84
Hetdelbacn, lek- 1160 days.
s ix
six
84
84
elheimer & Co. (Sight....
35X
six
85X
s ix
another,
the whole being covered by the third. This
82
82*
81*
82
81*
60 days.
81X
Lazard Freres... \
84*
85
85*
84*
( Sight....
85
84X
last is a very comprehensive charge ; it betrays its
82
81
82
81*
Merchants’ Bk. >60 days.
SIX
Six
84
84*
85
85
of Canada....... 1Sight....
84X
85X
authorship, coming, as any reader would be apt
The market closed firm on Friday at 4 82@4 82£ to surmise, from Mr. Jones, Chairman of the Demo
for sixty day and 4 85@4 85-J for sight. Rates for cratic Committee for the United States. He closes
actual business were 4
81f for long, 4 84|@4 84f his invective by saying that “ the National Com
for short and 4 85@4 85£ for cable transfers. Prime mittee, backed by the full power of the Democratic or
commercial bills were 4 81@4 8Li and documentary ganization in every State of the UnioD, pledges itself
that every scoundrel, whether public officer or private
4 80@4 8Of.
The following statement gives the week's movements citizen, who is detected in any violation of the law
of money to and from the interior by the N- Y . banks. shall be vigorously prosecuted and sent to the peniten
tiary if possible." We cannot conceive why Mr.
Received by Shipped by
Net Interior
Week Ending Oct. 23,1896.
Jones,
having framed such a highly emotional paper,
N. Y. Banks. N. Y. Banks.
Movement.
increasing
in venom as it progressed, should have so
$6,289,000
$4,176,000
Loss.$2,113,000
387,000
1,322,000 Loss. 935,001 far quieted down at the end as to have closed
Gold
.............................................
Total gold and legal tenders...... $4,563,000 $7,611,000 Loss.$3,048,Of 0 it
by restricting
the
penalty his vengeance
Result with Sub-Treasury operations and gold im sought to inflict upon these “ scoundrels” to a pos
sible confinement in the penitentiary. Ending his
ports.
anathema with this anti-climax cast3 ridicule upon his
Out of
Into
Net Change in
Week Ending Oct. 23,1890.
entire bulletin. What makes the affair the more curi
Banks.
Banks.
Bank Holdings.
ous is that the statute nowhere mentions the peniten
Banks’ interior movement,aa above *4,663,000 $7,611,000 Loss.$3,048,000
Sub-Treas. oper’tns and gold imp’ ts 17,900,000 15,900,000 Gain. 2,000,000 tiary.
The punishment it attaches to such acts
Total gold and legal tenders...... $22,463,000 $2 3,511,000 iLoss 1,048,000 done by such “ scoundrels' is that “ each of such
The following table indicates the amount of bullion persons (Section 5520, page 1076, United Scates Re
in the principal European banks this week and at the vised Statutes) shall be punished by a line of not less
than five hundred nor more than five thousand dollars
corresponding date last year.
or by imprisonment with or without hard labor not
Oct. 22, 1890.
Oct. 24, 1895,
less than six months nor more than six years or by both
Bank of
Silver.
Gold.
Silver.
Total.
Total.
Gold.
such fine and imprisonment.” Had the writer used the
£
£
£
£
£
£
words of the statute and threatened that the “ scound
36,099,178
41,525,158
41,525,158
England...... 36,099,178
France.. . ... 77,721,491 49,280,089 127,002,180 78.651,347 49,343,832 127,994,179 rels ” should be made to pay the penalty of five thous
27,309,600 13,054,800 40,964,400 31,418,314 14,900.088 46.415.000
Germany*
and dollars and suffer six years imprisonment at hard
Anst.'Hnng’y 30,610,000 12.695.000 43.311.000 21,958,000 12.975.000 34.933.00
8.528.000 10.100.000 18.688.000 8.014.000 11.250.000 19.254.000 labor, if possible, his production would have been bet
Spain............
2.035.000 6.728.000 9.363.000 4.275.000 6,784,000 11.059.000
Netherlands
Nat. Belgium* 2.640.000 1.323.000 3.909.000 2,926,607 1,403,333 4,390,000 ter balanced and would have appeared more sincere.
Evidently Mr. Jones’ s proclamation was gotten up
Tot.thts week 185,555.269 93.841,489 279,390,759 188,758,480 90,811,851 2S5.570.337
Tot.prev. w’k 186,890,244 93,032,400 280,522 644 187.052,015 96,489,093 294.141,698
merely to fool the more ignorant euployesinto bdiev* The d ivision (between gold and silver) given ia our table o f coin
That is the form of argu
and bullion in the Bank o f Germany and the Bank o f Belgium is m ade ing they were being coerced.
from the best estimate we are able to obtain ; in neither case is it ment these silver people long since adopted.
The man
claim ed to be accurate, as those banka make no distinction in th eir
who
prepared
the
document
knew
that
the
charge
was
weekly returns, merely reporting the total gold and silver, but we
absurd on its face, and hence, instead of facts or
believe the division we make is a close approxim ation.
.No t e .—We receive the foregoing results weekly by oable, and while reason, he inserted the high sounding words which make
n ot alt o f the date given at the head o f this colum n, they are the re.
up the body of the composition ; when he came to the
turns issued nearest to that date—that is, the latest reported figures.
October 24, 1896.]
THE CHRONICLE.
733
close, then m a nasty, careless way the unmeaning ending had not had a serious inq iiry looking to business sine®
was added. There is though in the manifesto enough the Chicago platform was promulgated.” But it is not
to indicate the extreme populistic character of the men needful to quote from letters to us ; the fact is notori
who are directing this revolutionary move meat ous, it is the experience of almost every merchant and
against the established order of things. The charge, manufacturer, that the Chicago platform curtailed de
it will be noticed, includes “ th e great corporations mand and paralyzed busiaess. The evidences of its
with scarcely an exception,” and the hostility blighting influence are everywhere present and no
displayed to all forms of organized capital is undis manufacturer could to-day say how soon, if ever,
guised.
he would
be at work again in case Bryan
It is especially Important just now to keep this was elected. To call the impossibility of forecasting
destructive and malignant character of the Bryan the length of time which would lapse before our indus
party well in mind.
Many conservative people tries would so far recover from the effects of that event
will be tempted to neglect casting their votes. In nu as to make resumption of work possible— to call that
merous cases, no doubt, to vote will r equire more or intimidation is mere silliness or worse. There is no
less self denial. One may need to return to his home doubt that this condition works to Mr. Bryan’ s disad
to do i t ; or if in the city the act will consume time vantage. It works against him in much the same
and is always of no little trouble ; others, though now manner as a declaration in that platform in favor of the
in town, have their residence elsewhere outside the confiscation of all capital engaged in industrial
city, and the whole day perhaps will be necessary to pursuits would have done. The difficulty lies in
attend to the duty. Then, too, a strong inducement the fact that the ideas adopted at Chicago and the
to neglect it will arise out of the fact that the State policy they foreshadow obstruct and are subversive
may appear secure— in that case the thought is one of business,; in a word, they are nothing short
vote more or less is of little consequence. According of revolutionary.
to our view there never was an occasion since the Con
The declaration of Mr. Bryan, which we have quoted
stitution of the United States was adopted when one was, as we stated, made in a speech at Jelfersouville,
vote was as important as now. It is not a question of Indiana. It called out a response from Mr. J. D.
party at all. It is a moral obligation— one that no in Stewart of that town, which was published in the
dividual has the right to shirk if he has any regard “ Louisville Evening Post.’ Mr. Stewart is the Yicefor either his country or his neighbor. What sound President and Treasurer of a large car manufacturing
money men are working for is not simply the election compiny, having its headquarters at Jeffersonville,
of Mr. McKinley, nor even the defeat of Mr. Bryan, employing when running full from two thousand to
but the burying of the ideas advocated by the Free twenty three hundred men. He reminds Mr. Bryan
Silver Populistic Party under such a body of votes as of several important conditions common to manufac
to make their resurrection a wort of a good many turers, one of which is that it costs a great deal of
money to stop any kind of factory. A cotton mill,
years at least.
This idea of intimidation was first brought forward for instance, will depreciate materially if idle, and
by Mr. Bivan. He has put the suggestion in his nu hence the machinery is often kept running long after
merous short speeches in various shapes. In an ad prices pay. Besides, factories of all kinds have a large
dress delivered at Jeffersonville, Ind., among other expense account which is fixed, and it goes on whether
things he stated, “ I am informed that in some cities the mill is turning out goods or not. The singl° item
of Indiana employers say they will not open their of interest on borrowed money is often heavy; then
establishments if I am elected. You will find by the there are the taxes, insurance and interest on the
powers granted by law intimidation has not the right whole plant to be made, &c.
What an absence of common sense it shows to assume
to exist.” No ote has given much attention recently
to Mr. Bryan’s utterances; they have seemed to grow that such a property so situated would stand idle so long
more extra vagant and less discreet the longer he as there was the least profit in being operated. Aud
talks.
Perhaps he ought not to be judged for what are we told it is to be made to stand idle—
in his present condition by the same iules the for the purpose of inducing the employes to
average m an ought to be. He was unduly elated vole a certain ticket! One would hardly think Mr.
and led to set too high an estimate on his own powers Bryan coaid be so ignorant (charity requires us to call
Besidts
through the manner of his nomination. At first, too, it ignorance) as to make such a claim.
he was full of confidence ; bis election, he believed, was the matters referred to above, there are two or
assured; he expected even to revolutionize opinion in three other mistakes he falls into when he makes
the East; latterly he has not only had to fit his am that charge. One is that he puts altogether too
bition to a much narrower circle but no doubt by low an estimate upon the intelligence of the aver
this time feels that his chances of success are diminish age operative in our factories; another is, he ignores
ing, and not unlikely already realizes that the race is the fact that they are not only intelligent, but that
very nearly if not quite a hopeless one. With the they have individual wills, and that a mill manager
limits of his delusion and confidence thus contracting, who attempted to force them would find that he could
his movements grow more rapid, his thought more not do it. Finally, the Bryan idea is based upon too
diminutive a measure of the average mill manager and
desperate and his words more empty.
Perhaps Mr. Bryan when he comes to study the of the average officer in charge of a large number of
character of the vote against him at the coming elec employes in other corporations. Individuals with the
tion will realize better what the movement he refers to capacity to fill such positions are difficult to obtain and
under the name of " intimidation ” means. We have are of necessity among the broadest instead of the nar
had manufacturers in different parts of the country rowest of men. Little ideas of things fit into little
employing many men write us that they had shut concerns of no influence, not into the working of our
down simply because there was no demand for their “ great corporations,” as Mr. Senator Jones calls
goods. One so situated states in his letter that “ they them.
734
THE D ECLIN E
IHE
CHRONICLE.
I N TRANSPORTATION
RA TES.
In our issue of October 3 (page 579) we made some
^comments on the great decline in transportation rates
which has occurred since 1873, anent Candidate
Bryan’s remark in his speech at the Madison Square
harden that “ railroad rates have not been reduced
to keep pace with falling prices,” and gave a little
statement to indicate the amount of the saving repre
sented by this decline on the basis of the traffic of 1896.
In other words we undertook to show how much less
shippers paid out in freight charges under the rates of
1896 than they would have paid out had they bee n
-obliged to pay the rates obtained by the railroads in
1873. Our calculations covered only four prominent
aroads, but yielded figures that were very striking in
their magnitude. We have been asked by some of our
subscribers to give similar comparisons and make
similar computations regarding the passenger business
o f the roads. The suggestion seems timely, and we
shall endeavor in the present article to comply with it.
The four roads selected in our previous article, for
purposes of illustration, were the New York Central,
the Great Northern, the Milwaukee & St. Paul and the
•Chicago & North Western. We shall take the same
iroads in this instance, except that we shall substitute
th e Pennsylvania Railroad (lines east of Pittsburg and
Brie) in place of the Great Northern. Tne passenger
traffic of the Great Northern is not very extensive,
and besides we have not the data for that road on
which to base a comparison with 1873—in fact, very
little of the Great Northern mileage wi3 in existence
i n 1873, and in our previous comparison we had to take
the
rate for 1881 in the case of that road.
T h e substitution of the Pennsylvania makes our
statement contain two great Eastern trunk lines,
th e New York Central and the Pennsylvania, and two
well-known Western roads, namely the Milwaukee &
I5t. Paul and the Chicago & North Western.
O f course there has been no such saving in the
passenger business on account of rate reductions as
there has in the freight business. In the first place the
passenger traffic is of smaller volume, and the growth
i n it has necessarily been much slower than in the
freight traffic. Taking the passenger movement one
mile and the freight movement one mile as the bases of
comparison, the latter in the case of the Pennsylvania
’.Railroad has increased nearly five-fold since 1873, while
th e passenger movement has not quite doubled. On the
Chicago & North Western the number of passengers
carried one mile has increased only a little more than
three-fold since 1873, while on the other hand the
freight movement one mile ha3 increased nearly seven
fold . At the same time the shrinkage in rates has not
Been so great on passengers as on freight. And yet
th e decline in passenger rates has been very
important,
particularly in
the case of
the
Western roads. The average on the New York
Central was already close down to 2 cents a mile in
1873, and hence the reduction on that road has not
ibeen large, the average dropping from 2 ‘06 cents to
I ’SS cents. But on the other roads mentioned the
contraction ha3 been quite marked. Even the Penn
sylvania realized an average of 2'658 cents per passen
ger per mile in the earlier year, while in 1895 its aver
age was but 1'953 cents, a decline of over one-quarter.
<Jn the Milwaukee & St. Paul the average in 1873 was
3*58 cents, in 1896 only 2'357 cents, a fall of 1£ oents
VOL. L X I I I .
per mile, or over one-third. Oa the Chicago & North
Western the decline has been about 1| cents per
passenger per mile, or fully one-third, the average
having dropped from 3 -16 cents to 2‘05 cents. In the
following we show what the saving to the passengers
has been on the traffic of 1896 by reason of the lower
rates.
r-P ale p er pass.-.
p er mile.
1896.
1873.
Cents.
Cents.
Penna. (east o f P.«fe E .).*1*953
2-058
New Y ork C entral.......... 1-89
2*06
Cliio. Mil. & St. P a u l....2 -3 5 7
3*58
Cliio. & N orth W estern ..2*05
3-10
T otal savin g...........................
Passengers one
m ile in
1898.
712,072,950
724,227,085
260,821,497
301,000,070
Saving to
p i 8*. on
traffic o f
1896.
8
5,020,114
1,231,187
3,189,847
4,013,707
.13,454,915
* Calendar year 1895.
The foregoing represents only four leading roads,
and yet the passenger earnings of these four roads in
1896 would have been about 13^ million dollars larger
than they were had the charge per passenger per mile
been as high in that year as it was in 1873. Nor does
this saving of 13£ millions to the passengers show the
full extent of the difference in conditions between the
two periods.
For less money the passengers are
enabled now to travel very much better. The accom
modations and the service are of a much higher order—
faster time, more frequent trains, more commodious and
luxurious cars, greater safeguards against accidents,
improved stations and depots and better facilities in
every way.
In connection with this comparison as to the pass
enger traffic it seems desirable to bring forward the
results as to the freight traffic as contained in our
previous article. We shall not endeavor to rehearse
again all the details, but will merely say that nearly
all the recent annual reports by railroad companies in
various parts of the country have furnished evidence
of the great decline in railroad freight charges which
has occurred in recent years, and moreover have shown
that the downward movement has continued in
progress up to this moment.
In the case of the
Great Northern the average for the late year was
less than a cent a ton a mile, notwithstanding
that much of the road’s mileage runs through a
sparsely settled country, where traffic necessarily is very
light. In the case of the Chesapeake & Ohio we saw
that the road in the late year had moved coal to tide
water at a figure which obliged it to haul almost four
tons a mile in order to earn one cent. For the New
York Central, the late year’ s average was smaller even
than that obtained in 1884-5 during the war with the
West Shore, so that in a time of peace the system is
not able to obtain a better average than that which
was considered entirely abnormal only eleven years
ago. We may say, too, that the same remark applies
also to the Pennsylvania Railroad. Its average for the
latest year was also the smallest in its history, not ex
cepting periods of rate wars.
In our previous statement the saving to shippers by
reason of the reduction in rates between 1873 and 1896
was found to amount on the traffic of 1896 to over 132
million dollars, the roads included being the New
York Central, the Great Northern, the Milwaukee &
St. Paul, and the Chicago & North Western. By tak
ing out the Great Northern and substituting for it the
Pennsylvania, so as to embrace the same four roads
as are included in the statement above for passengers,
this amount is greatly increased, since the Pennsylva
nia’s traffic is much heavier and the decline in its rates
has been proportionally nearly]as jheavy. In the fo l-
THE CHRONICLE.
O c t o b e r 24, 1896.]
lowing we show the results for the four roads separ
ately and combined. We add on at the end the saving
in passengers, so that the reader may see the aggregate
difference for both elasses of traffic.
■—Rateper ton-*
per mile.
1896.
1873.
Cents.
Cents.
Jfew York C e n tra l... 0-67
1-57
Penn, (east o f P. A E.) *0-563
1443
Ohio. MIL A St. FaoL. 1 0 0 3
2-50
Chic. A >'o. W estern. 1 0 3
2-35
Tone one
mile in
1896.
3,874,532,962
8,152,343,461
2,331,667,988
2,372,365,483
Saving to ship
per on traffic of
1896.
$
34,870,796
71,740,622
35,653,569
31,315,224
T otal earin g In freig h t........ ................................................ 173,580,211
Saving In passengers..................................................................... 13,454,915
T o ta l........................................................................................... 187,035,126
* Calendar y ear 1895.
Here we find a saving to shippers on merely these
four roads of 1734 million dollars in the case of freight
and of 187 million dollars in the case of freight and
passengers combined— that is, the earnings on the traf
fic of 1896 would have been that much larger could the
roads hare obtained the rates of 1873. The saving on
the freight traffic of the Pennsylvania alone amounts
to nearly 72 million dollars. Of course, as said on the
previous occasion, we do not mean to imply that at the
rates of 1873 the roads could have had the traffic
of 1896. They most assuredly conld not. The marvel
ously low rates made possible the wonderful expansion
in traffic. Bat the figures given, in showing the actual
money equivalent of the redaction in rates, afifjrd an
impressive idea of its extent and of the benefits thereby
conferred upon the community. It remains to be
added that in the freight traffic, as in the passenger
traffic, the public has had the farther benefit arising
from the great i nprovement in the service itself.
Freight is now moved much more expeditiously, is
delivered in better condition and so as to save the con
signee much trouble and expense, and in many other
way3 there is a marked contrast in favor of the pres
ent time.
THE
ECONOMIC PROBLEMS IN VOLVED
IN THE ELECTION.
We have had on our desk for some weeks a pamphlet
written by Mr" A. B. Stickney, the President of the
Chicago Great Western liulway Company, on the
“ Economic Problems Involved in the Presidential
Election of 1896.” Mr. Stickney wields a facile pen,
and whatever he writes, whether on railroad or other
subjects, is worth reading. He has a pungent style
which commands iostant attention for anything he
has to say. Moreover, he is not lacking in ideas, and
he has the knack of presenting these ideas oftentimes
in an original, always in a suggestive, way. We do not
endorse all his views. If the occasion called for a
critical review, we should find ourselves dissenting
from some of his statements and propositions. Bat
with the general purpose which he has in mind, we are
entirely in accord. And to read his paper is to gat a
better knowledge and understanding of the problems
that confront us and the necessity for dealing with
them in a radical manner.
His contention is that the questions involved in the
election belong to the realm of economics rather than
of politics, and he proceeds to prove his proposition.
You must obey the laws of Nature, as they apply to
production and commerce, the two great branches of
human industry. If all the silver and all the papir
money which it is possible to conceive of were gath
ered into one pile, and to that were added the world's
entire possessions of gold, and the whole were offered
735
by a hungry man to Nature, it would not buy
one iota of her abundant supply of food.
Money will not make a spear of wheat or a
blade of grass grow. Nothing but labor combined
with skill and a knowledge of Nature's laws will wrest
from Nature her stores. The rich, the poor, the high
and the low, meet on the plane of equality iu the pres
ence of Nature. To all who appeal to her for food hear
answer is the same. You must work for i t ; and n ot
only work for it, but the work must be done iu accord
ance with her laws. If you want corn, you must plant
corn, not potatoes, and you must plant it in the spring,
not iu the winter, and after it is planted you must
care for it and wait for it to grow. The processes o f
manufacturing are equally subject to inexorable nat
ural laws. Heat, not frost, must be used to smelt ores,
to bake bread and cook meats. The whole range o f
mechanics and mechanical processes used in manufac
turing, although frequently spoken of as inventions,
are in fact only discoveries and adaptations of Nature's
secrets, which she surrenders to the use of man only
with the same niggardly hand that she surrenders th e
raw material.
All this regarding the laws of production is perfectly
plain and within the comprehension of ordinary minds,
but when we come to the matter of commerce, which
is simply exchanging one product for another, the
supremacy of the natural law is not so apparent or b o
easily understood. Commerce or trade is the exchang
ing of one article or commodity for another, and th e
essence of such an exchange i3 the ascertaining of th e
relative values of the articles or commodities to be e x
changed—in Jcommon parlance, the fixing of values.
Money is simply a medium of exchange facilitating the
carrying on of commerce. Legislation may for a time
affect values, but it cannot create values. History
shows that protective tariffs do not prevent hard times.
It also shows that expansion of the currency does not
prevent hard times.
Preceding each of the great
panics— that of 1837, that of 1857, that of 1873,
and it might have been added that of 1893— there
was great expansion of the currency. Mr. Stickney
shows from the experience during the war that the
increase of the currency, except so far as the currency
depreciated below the value of the gold which i t
promised to pay, had no appreciable effect to increase
either values of farm products or wages. Bearing or*
this point, he brings out some striking facts regarding
the fluctuations in the price of wheat.
During 1860, the year previous to the war, the prices
paid for No. 2 spring wheat in Chicago ranged from
68 cents to $1 14 per bushel in gold, and in 1861 and
1862 he says the range was not materially different.
Ia 1863, the third year of the war, the range of green
back prices was from 90 cents in January to II 12 in
March, about the same as the gold prices in 1860, but
the gold prices ranged from 62 cents to 66 cents. T h e
highest price paid daring the war was in 1864, when
the greenback prices ranged from II 10 in March to
12 02 in September, and the gold prices from 63 cents
in March to 90 cents in September, which was consid
erably lower than in 1860 to 1863. The important
fact in these comparisons is that the price of No.
spring wheat in Chicago in 1860, before any green
backs were issued, ranged from 68 cents to II 14 in
gold ; that three years afterwards, when the currency
had been expanded by the issue of 411 millions o f
greenbacks, the same wheat sold from 90 cents to $1 12
in greenbacks and for from 62 to 66 cents in gold.
736
THE CHRONICLE.
The highest gold price in 1863, after the enormous ex
pansion, instead of being higher, was only about onehalf the highest gold price in 1860, before the expan
sion. Human ingenuity, says Mr. Stickney, never con
ceived of, and no confidence man with his “ string
games” and three-card tricks ever possessed, so cun
ning a device for deceiving and swindling as is paper
money issued by a government.
As already stated, Mr. Stickney’s purpose i3 to show
that the issues involved in the election are not political
but economic problems, and are matters that should
not be subjects of legislation. For over thirty years
the Government has been attempting to create money,
and to regulate, or at least affect, values by acts of
Congress. The first false step— creating the green
backs in 1862—taken under the specious arguments of
a necessity, against the judgment of the ablest
men, and then regarded as only a tempirary ex
pedient, opened the way to all the vagaries which
have since grown up in the public mind. All
these attempts at money making failed to pro
duce the expected results. Money, Mr. Stickney
points out,, is a thing that cannot be made by law.
Governments may coin money but coining money
is not making money. It is simply inspecting it as to
weight and fineness. It is merely a police function,
just the same as the Governmental inspection of meat,
milk, or any other commodity. Whatever is money
after it has been coined was money before it was
coined and would be money if melted again into
bullion. Like all intelligent students of monetary
affairs, Mr. Stickney thinks it is high time that the
Government should go out of the business of issuing
imitations of money, whether in the shape of Green
backs, or Treasury notes, or fifty-cent silver dollars, or
warehouse receipts for the same.
He points out how greatly the use of money has
been economized in various ways, not through legisla
tion, but through necessity and intelligence. Among
the principal labor-saving machines of commerce
“ which have maintained the supply by increasing the
efficiency of money,” he gives first and foremost place
to the bank. The legitimate functions of the bank are
creations of the natural laws, and legislation has no legit
imate control of the functions of the bank, except to
exercise a police authority to prevent fraud. Legisla
tion cannot produce, and although it may hamper and
change the form of the exercise, it cannot destroy
the banking functions. The banking functions existed
before legislatures or governments existed, and they
are immortal; they will exist fovever. The bank
check, by which transfers are effected without the use
of a penny of actual money, is a greater labor-saving
machine than any machine of production which has
ever been invented. It was intelligence, not legisla
tion, which discovered the use of the check. The bill
of exchange is another device for economizing the use
of money. It was the genius of invention, not legis
lation, which produced the bill of exchange. The
clearing houses furnish another illustration of how
ingenuity can increase the supply of money by econo
mizing its use. Telegraphic and cable transfers also
increase the supply of money by economizing its use,
and so do bank credits and boards of trade and com
mercial exchanges.
The truth is, it is not money that the United States
needs, but capital. “ What the people really want is
more and better food, more aud better clothing, more
and better furniture, more and better houses, and more
[Vol. LXIII.
and better of all the necessities and luxuries of life.
These are the things which are really desired instead
of money. Legislation will not produce these things ;
neither will the free coinage of silver produce them.
All the things which mankind really desires are held in
that stingy grasp of Nature which nothing but intelli
gent industry can loosen. Our minds are confused upon
the functions of money.
Our most common forms of
speech prove the confusion of ideas. We say it takes
money to build houses, workshops, steam engines and
railways. But I never saw a house built of money. I
never saw a workshop, a steam engine, or a railway
built of money. All the money in the world will not
build a house. Houses are built of wood, or brick, or
stone and other material produced by labor, and put
in place by labor. While it is impossible to build a
house
of
money, it is perfectly feasible to
build houses without money, and without us
ing any money in, about, or during their
construction.”
Again, it is common to have
it said, “ It takes money to become a merchant,”
when in fact the first requirement of the merchant is
not money but capital. So, too, as regards the saying
that “ It takes money to build a railway.” Mr. Stickney
declares that he has converted millions of English
capital into what is now the Chicago Great Western
Railway, and that the Englishmen never sent to him,
or to anybody for him, a single dollar of money. “ The
capital was transmitted by lightning on a cable under
the sea, and was accomplished without the use of a
dollar of money.” England possesses vast stores of
capital but little money.
Touching upon Mr. Bryan’ s favorite theme that the
United States has reached that stage of greatness
where it can have a financial system of its own, which
will be strictly American, Mr. Stickney makes some
characteristic remarks: “ I want to say to Mr. Bryan
that it is not necessary for the American people to
elect him or his party to power on that account. They
have got it now. The United States adopted many
years ago a purely American system of finance.” The
first and most important peculiarity of the American
system of finance is that it has no heart— no bank of
banks, like other great commercial nations; hence mak
ing necessary in times of great emergenices the creation
of a central organ through the clearing-house methods
as has been so frequently done. Mr. Stickney argues
this point at length, but we shall not undertake to
enter into a discussion of it here. The second pecu
liarity of the American system of finance is the SubTreasury of the United States, which is at all times a
disturbing element in the monetary situation and
which holds large amounts of money that ought to be
employed as circulating medium in the channels of
commerce. The third peculiarity of our distinctively
American system of finance “ consists in issuing bogus
or counterfeit money with a ruffianly shot-gun legal
tender attachment.”
Mr. Stickney says there is evidently a chance for
legislation to improve our present system of finance,
but not in the way that the free coinage people pro
pose. “ The only legislation which will benefit the
American system of finance is the enactment of laws
which shall repeal the laws which have created a dis
tinctive American system, not of economics but of
extravagances.”
The laws which authorize the re
issuing of the legal tender notes, the United States
notes of 1890, and the silver, gold and currency
certificates should be repealed. The Sub-Treasury law
October 24, 1896. j
THE CHRONICLE.
should be repealed. The public funds should be kept
as deposits in a bank or banks. He also thinks that
the law requiring national banks in reserve cities to
keep their entire reserve in their own vaults should be
repealed, so as to permit the establishment of a baak
of banks in the natural way, when and as desirable.
He is of opinion that the retirement of the paper
money and the surplus issues of silver could be effected
without any very great trouble and without producing
any serious contraction of the currency, and he gives his
reasons for this belief. But that opens up a very large
question, consideration of which we shall have to defer.
In conclusion Mr. Stickney cautions the people
against allowing themselves to be led to believe that
the defeat of the free coinage party will bring immedi
ate prosperity. Like the repeal of the silver-purchasing
clause of the Sherman law in 1893 it is but one step.
Liice the repeal of that law, the defeat of free coinage
will tend to prevent immedate disaster, but prosperity
can only be gained by the slow and laborious processes
of intelligent industry. Tne defeat of free coinage
will not even solve the money problem. One may
not agree with Mr. Stickney when he asserts that
“ confidence in the slender thread which supports the
value of the paper money which has been issued by
the Government has gone and will never return,” but
no one will take igsue with him when he says that the
money problem will never be permanently settled until
the last dollar of flat money is retired and the last
vestige of the peculnr features of the American system
of finance is destroyed.
RAILROAD E E T EARNINOS FOR AUGUST.
Returns of railroad earnings are growing more and
more unfavorable, and apnarently the more complete
the statements the poorer the results. Oar early state
ment of gross earnings for August showed a loss from
last year of 2 ‘61 per cent. In the statement we have
now compiled for that month, giving gross and net
earnings, the loss in gross is found to be $3,335,913,
or 5 69 per cent. At the Bame time we have a loss of
$1,411,268 in the net, or 7-27 per cent. This is the
first time in twenty months that our monthly compila
tion has recorded a loss in both gross and net.
The falling off is especially significant because there
were some favoring factors during the month which
under ordinary circumstances would have left
marked impression on earnings. In this we are refer
ring to the continued large movement of grain, ar.d
to the fact that in the South there was an unusually
early and a very free movement of cotton. But of
course the great depression in trade a3 the result
of the action of the Democratic party in de
claring for free silver and which depression grew
more pronounced during August overshadowed all
other influences and adversely affected transporta
tion interests throughout the whole country. The
roads in the iron and steel districts particularly suf
fered, since iron production was so decidedly curtailed,
involving a greatly diminished consumption and con
stquently diminished shipments of coal, iron ore, etc.
In truth, however, manufacturing industries every
where felt the blighting influence of the silver agita
tion and the business of the roads in all lines of traffic
fell off. To this must be added the further fact that
August had one less business day than the same month
last year, having contained five Sundays against only
four Sundays in 1895. Here is a summary of the
results for the month and for the eight months.
737
August.
(133 roads.)
1896.
1895.
*
*
Gross earn’s 55,283,124 58.618.037
'Jper. exp... 37,288,807 39,213,452
Net earn’s 17.993,317 19,404,585
January 1 to August 31.
(123 roads.)
Decrease-
1896.
1895.
Increase.
*
?
*
*
3,335.913 413,706,541 108.229,667 10,176,874
1,921,645 293,078,181 290,090,340 7,987,835
1,411.268 120,628,360 118,139,321 2,489,039
The present year’s loss for the month follows a small
gain in gross and net both last year and the year before,
but comes after a very heavy loss in 1893, as will appear
by the following.
Tear and
number
o f roads.
Qross Earnings.
Year
Given.
Net Earnings.
Tear
Increase or
Preceding. Decrease.
August.
%
$
$
1391 (137) 02,171.352 59,542,801 -1-2,031,991
1392 (129) 09,009,08J 05.224,341 +3.785,330
1-593 U30. 54,737,181 63.123,250 -8,389,009
1894 (137) 57,051,07 7 57,319,108
+301,909
1895 (133) 57.125,228 55.060,400 +2.004,765
1806 (133* 55.282.124 5^,618,037 -3,335,913
Jan. 1 to
Aug. 3L
1891 (122) 119.002,120 40*3.539.088 +12,463,032
1892 (121) 176.601,120 417.963,124 +28,637,606
1893 (125) 428,613.287 127.788,813
+894.474
1894 (127)!35a,397,S-SS 417.231,738 —60,830,875
1995 (121> 389.7W.35 371.067.759 +18,729.590
1896 (123) 4l8.7t>6,5411108,229,067,+ 10,470,874
Tear
Given.
$
22,510,970
24,109,362
17,495,308
19,680,852
19.662,821
17,993,317
Year
Increase or
Preceding. Decrease.
$
21,333,778
23,553,481
21,599,375
18.285.095
18,799,306
19,401,585
+1,177,192
+555,881
- 4 101.067
+1,395,757
+703,015
-1,411,268
131,315,001 121,021,876
114.227,251 139.857.233
126,914,558 131,550,59b
102.314,382 120,014,088
115,598,912 104,559,226
120.620,860 118,139.321
+6.693,728
+4,370,018
—4,036,037
-17.099,700
+11.039,096
+-2.489,039
Of course among the separate roads there is a large
number of losses altogether, and many of the losses
are for quite considerable amounts. The Pennsylvania
Railroad on its lines directly operated reports $1,460,300 decrease in gross and $974,400 decrease in n et;
the Wabash, $210,664 decrease in gross, $114,007 de
crease in n e t; the Cleveland Cincinnati Chicago & St.
Louis, $171,334 decrease in gross, $75,700 decrease in
net; the Milwaukee & St. Paul, $138,620 decrease in
gross, $175,871 decrease in n et; the Central of New
Jersey, $114,203 decrease in gross, $76,413 decrease in
net; the Southern Railway, $109,552 decrease in gross,
$44,426 decrease in n e t; the Louisville & Nashville,
$76,372 decrease in gross, $117,985 decrease in net;
the Burlington Cedar Rapids & Northern, $47,799 de
crease in gross, $100,440 decrease in net, etc., etc.
As far as the gains are concerned they are not large
in the aggregate, and not more than two or three of
them are for big amounts. Among those in the gross
the Canadian Pacific has $212,122 increase, the Union
Pacific $160,682 increase and the Atchison $117,049
increase, while in the net the Atchison has $321,096
increase and the Canadian Pacific $167,484 increase.
Reduced expenses have cut quite a figure in the
returns of a number of roads, converting losses
in gross into gains in n e t; thus the Reading
(including the Coal & Iron Company), with
$517,626 decrease in gross has $60,919 increase in net;
the Southern Pacific with $262,604 decrease in gross
has $58,804 increase in net; the Erie with $158,814
decrease in gross has $89,477 increase in net, &c., &c.
The following is a full list of all gains and losses above
$30,000 in amount.
PRINCIPAL CHANGES IN G R O S S EARNINGS IN A U G U S T .
I ncr«an eM .
Canadian P acific.......... $212,122
Union P acific.................
16<*,6S2
Atoll. Top. a 8. F e .......
117,049
8an Ant. A Aran. Pass.
70,959
Mexican Naitonal.........
70,752
M exioan C entral...........
68,511
Seaboard Air L ine........
49,042
Georgia & Alabama .. .
40,97 r
Norfolk A Western.......
32,444
Total (representing
14 roa ik) ............... $822,538
DecreaftCM.
Pennsylvania t.
$1,469,900
Pblla Ac Head.and C.del.
517,626
Southern P acific............
262,604
Wabaah .........................
210.664
Clev. Cln. Chic. & 8t. L.
171.334
Erie..................................
158,814
Chic Mil. A St. Paul .. .
138,620
Decreases.
Chic. Burl. A Quincy .. $117,881
Ceutral of Vew Jersey.
114,203
8oiith**rn Railwaj’ .........
109,5 2
LoutsviUe A NasiiviHe .
76,372
Bait. A Ohio Southw’n.
67,086
North*-ru f’entral..........
61,676
Toledo A Ohio i entral..
55,684
Cln. N. Orl A Tex. Pac.
54,891
Kao. Ft. Scott A Mem..
54,689
Winoonslu Central........
50,773
Luke Erie A W estern...
48.217
Burl. Ued. Rap a N or..
47,799
Atlantic A Pacific
...
44,778
Denver A Ri > Grande..
44.11Z
Peoria A E a s te rn ............
37,819
Graud Rapids A I u d ...-
34,163
Total (representing
__
36 roads).............. ..$ 3,94 0,25 7
t Covers lines directly operated east and west o f P lttsbu ^; the gross
on Eastern lines deoreaued $705,200 and on Western lines $095,700.
738
THE CHRONICLE.
PRINCIPAL CHANGES IN N E T EARNINGS IN A U G U S T .
D ecreases.
In crea ses.
A t c h . Top. & S. F e........ $321,096 Burl. Ced. Rap. & N or.. $100,440
80,196
Canadian P acific...........
167,484 Illinois C entral..............
76,413
E r ie ...................................
89,477 Central o f New Jersey.
75,700
S an Ant & Aran. Pass.
71,063 Clev. ( in. Chic. & St. L.
71,077
Phila.ifc Read.and O.&I.
60,919 B alt (fe Ohio Soutliw’ n
S outhern P a c ific ...........
58,804 Lake Erie & W estern ..
49,558
45,728
S eaboa rd Air Line.........
41,146 Northern C e n t r a l.........
44,426
42, l \0 Southern Railw ay.........
M e x ica n Nat.io n a l.........
41,682
A tla n tic & P acific..........
40,780 Cin.New Orl.& Tex.Pao.
Colorado Midland . . . . .
37,643
Nashv. Chatt. & St. L ..
36,955
T otal (representing
36,585
15 r o a d s ).............. $895,884 Tol. & Ohio C en tra l. . . .
D enver & Rio Grande .
c 5,553
W isconsin Central.........
34,982
D e crea ses.
33,327
T en n sy lv a i ia t ------------ $974,400 Un. Pac. Den. & G u lf...
C liic. Mil. & tit. Paul. . .
175,871
Total
(representing
X»oui8ville & N ashville 117,985
23 road s)................$2,182,528
W a b a s h ...........................
114,007
[V ol . LX1II.
lines with 19’95 decrease, the Middle Western with
17-58 per cent decrease, and the Northwestern with
12'24: per cent decrease. In the trunk-line group the
Erie is the only road with an increase in net, and there
are very few increases in either the Middle Western
group or the Northwestern. In this list case the roads
suffered from the smaller spring-wheat movement.
The Southern group, though showing a loss in both
gross and net, has a larger number of roads with gains
than any other, 16 of the 34 roads in that group report
ing gains in gross and 18 of the 34 roads gains in net.
i Covers lines directly operated east and west o f P ittsb u rg ; the n e t
o n Eastern liaes decreased $163,600 and on Western lines $510,800.
The unfavorable character of the showing is further
■smphasizsd when the roads are arranged in groups and
It is found that six of the nine groups into which we
divide “the roads show losses in both gross and
met. The three groups which are exceptions to the
rule are the Southwestern, the Pacific and the Mexican.
T h e result in the Southwestern has been controlled
mainly by the large gains on the Atchison and the Sin
Antonio & Aransas Pass, caused no doubt by the
heavier cotton movement, though the Atchison pre
sumably also had a heavier grain movement.
SUMMARY BY GROUPS.
1895.
Tot.. (133 r’ds) 55,282,124 58,618,037
122.191,572
40,247,534
11,526,917
25,717,6^9
52,261,33 35,338,55*'
63,961,810
57,134,084
10,324,052
122,420,235
41,223,485
11,754,107
24,749,557
47,839.234
34,602,895
62,614,398
53,573,135
9,447,621
1896.
*
4,736,233
1,549,700
555,121
937,505
2,606,937
1,529,473
3,388,312
2,146,02*
544,008
1895.
Inc. or Dec.
P.C
*
*
5,916,511 -1,180,278 19-95
1,583,131
-33,131 2-11
612,470
-57,355 9-36
1,137,506
—200,001 17*£8
2,970,440 —303.503 12*24
1,248,608
+280,865 22-49
+227,290 7*19
3,161,023
2,275,391
—129,363 569
499,500
-144,508 891
17,993,317 19,404,585 -l,411,23e
33,514,626
9,243,140
3,447,218
0,706,845
17,922,294
10,099,913
20,244,227
15,366,850
4,078,217
-? 1
!
1
1896.
August.
*
*
‘Trank iines..(L3 15,3°4,90? 17,519,979
Anthra. coal. (.7j 5,210,143 5,846,701
2Baat. A Mid.(10; 1,607,183 1,712,973
Mid. West’n.(24) 3,437,26
3,619,983
CKorthwest’n..(9) 7,076,211 7,451,346
8outhwest’n.(14) 4,769,92*' 4,744,107
(Pacific Coast (IP) 8,976,121 8,901,784
Southern— (34) 7,489,633 7,618,697
Mexican........(3) 1,330,746 1,202,467
JTan. 1 to Aug A1.
Trunk lines.(13)
Anthra. coal.(7)
ISast. & Mid..(9)
Mid. West’n.(20)
8lorthwest’n..(9/
(South west’n(13;
Pacific Coast(19)
Southern— (30;
M exican......(3)
Net Earnings.
Cross Earnings.
S ection or
Group .
34,50L,692
—987,006 2-86
10,015,72.;
—767,582 7-66
3.491,940
—44,72* 1-28
7,213,204
-500,359 7*02
17,053,789
+868,505 5-09
8,42\S24 +1,679,619 1995
19,057,964 +1,186,263 8-23
14,360,241 +1,000,609 696
4,018,415
+59,772 1*49
T ot.. (123 r’ds) 418.706,541 408.229,057 120,628,360 118,139.321 +2,489.089
2-11
T he follow in g is a list o f the roads Included under eaoh group in the
Soregolng t a b le :
Trunk Lines.
Pacific Coast—[Con.)
Midd'e Western-(.Con.)
©. & O. Southwestern.
So. Pacific (Con.)—
Iron Railway.
Clev. Cin. Chic. A St. L. Kanawha & Michigan.
Texas A New Orleans.
Peoria & Eastern.
Pacific System.
Lake Frie All. A South
Erie.
Spokane Falls & North’n.
Lake Erie & West.
<Grand Trunk.
Union Pacific—U. P. Ry.
Manistique.
Chic. & Gd. Trunk.
Ore. Sh. L. A Utah Nor.
Pitts. Llsoon & Western.
Sag. Tus. & Hur.
Det. Gd. Hav. A Mil.
St. Joseph &Gr. Island.
Pennsylv, East o f P. A E. South Haven & Eastern.* Kansas City A Omaha.
West of Pitts. A Erie.4 Toledo & Ohio Central.
Central Branch. &c.
-Philadelphia A Erie.
Pol. Peoria & W.
Atch’n Col. A Pac.
Southern Roads
Pittsb. Cin. Ch. & St. L. York Southern.*
Alabama Great South’n.
Pitt*. Youngs. & Ash.
N’ortMoestern.
Wafcash.
Atlanta A West Point.*
Burl. Cedar Rap. Sc Nor. Atlantic & Danville.
Augusta Southern.
Ctuc. Burl. & (juincy.
Anthracite Goal.
•Central of New Jersey. Chic. Mil. & St. Paul.
Carolina Midland.
Chicago A North. Pac.
ST. Y. Ontario A West.
Central o f Georgia.
Des sloines N. & W.
N. Y. Susq. A West.
Chas’n Clen'. a Sutton.
Iowa Central.
5?hila. & Reading.
Chesapeake A Ohio.
Minn. A St. Louis,
Cin. N. O. A Tex. Pac.
Coal & Iron.
viInn. St. Paul A 8. S. M. Gadsden & Attala Un.
Qualm it Branch.
Wisconsin Central.
Lykens Yal. Coal.
Georgia.
Southwestern.
Georgia & Alabama.
Arkansas Midland.
Ga. Soutnern A Fla.
Eastern Sc Middle.
Aten. Top. & Santa Fe.
Adirondack.
Gulf A Chicago.
Jack. Tampa A K. W.
Colorado Midland.
Allegheny Valley.
Crystal.
iBangor A Aroostook.
Kan. City Mem. A Bir.
Denver Sc Rio Gr.
Lexington A Eastern.
Buff. Roch. <fc Pitts.
Louisv. Head. A St. L.
ESufTalo A Susquehanna. Ft. Worth A Den. City.
Ft. Worth & Rio Grande. Louisville A Nashville.
Cumberland Valley.
Kan. C. Ft. 6. A Mem.
Macon A Birmingham.
S500B&C Tun. & Wil.*
Northern Central.
Memphis A Charleston.
Rio Grande Southern.
3t. Louis & San Fran.
Middle Ga. A Atlantic.*
CPhiL Reading & N. E.
Western N. Y. A Penn. San Ant. A Aran. Pass.
Mobile & Birmingham.
Silverton. *
Mobile A Ohio.
On. Pac. Denv. & Gulf.
Nash. Chat, a St. Loul®.
Middle Western.
Norfolk A Western.
Waco A No’we3tern.
Qhlc. Peoria & St. L.*
Pacific Coast.
Northeastern of Georgia.
Chic. A West Mich.
Ohio River.
Atlantic A Pacific.
iCia. Jack. & Mack.
Petersburg.
Canadian Pacific.
'Cin. Ports. & Virginia,
Rich. Fred. & Pot.
d e v . Canton A South’ n. Nevada Central.
Rich. A Petersburg.
Chi. Sandusky A Hock.* Oregou Improvement.
Rio Grande Western.
Seaboard Air Line.*
Det. Laos. A Nor.
San. Fran. A North. Pac. Southern Railway
OetroLt A Mackinac.
So. Pacific.—
Western of Alabama.*
Elgin Joliet & Eastern.
Mexican Roads.
Gal. Har. <fc S. A.
Flint A Pere Viarq.
Vlexican Central.
Louis. Western.
Grand Rapids & Ind.
Mexican National.
Morgan’s La. A T.
Illinois Central.
N.
Y.
Tex.
A
Mex.
Mexican
Northern.
Indiana Illinois A Iowa
* For month only.
Among the groups showing losses the ratio of decline
in the net is particularly heavy in the case of the trunk
[F rom our ow n c orresp on d en t.1
L o n d o n , S a t u r d a y , October 10, 1896.
Two important events have occurred this week, one of
international and the other of comparatively little more than
local importance : we refer of course to the visit of the Rus
sian Czar to Paris and the resignation by Lord Rosebery of
the leadership of the Liberal Party in England. The Czar
everywhere ha goes throughout France is received with th3
utmost enthusiasm, and the sense of satisfaction felt in Paris
at the Russian Imperial visit is by no means feigned. The
feeling is very natural. For many years after the disastrous
war of 1870 France found herself isolated in E trope, menaced
by the victorious power of Germany and standing alone and
without friends. Within less than thirty years she has so
completely recovered in the opinion of Europe that even so
powerful and autocratic a sovereign as the Czar of Russia
thinks it worth while to visit her Republican President. Out
side France, moreover, the extreme cordiality with which the
Czar has be.-n received in France is regarded as one more
guaranty of peace.
A lthou'b, of course, it was well known that the leaders of
the Liberal Party were and have been since the retirement of
Mr. Gladstone hopelessly divide! amongst themselves, the
actual resignation by Lord Rosebery has come to a certain
extent as a surprise even to the well informed. Lord Rose
bery himself says in a letter addressed to Mr. Ellis, the prin
cipal Liberal whip, that he resigns the leadership as he re
ceives practically no effective support from any section of the
party, and he wishes to be able to speak as a free man and
not to give the impression of speaking with au authority
which in reality he hao ceased to possess. The resignation of
so able and wealthy a man as Lord Rosebery is in no ease
likely to strengthen the position of the party, but under the
circumstances it is felt generally that the resignation does
great credit to Lord Rosobery himself.
Contrary to all expectations, the visit of the Czir to Paris,
instead of being received with a boom by the Paris Bourse,
has been accompanied by a steady decline in prices in almost
every security dealt in upon the Bourse. So serious was the
news reported from Paris during the middle of the week that
prices of all the Paris specialties, especially South African
mining securities, fell heavily here; but later there has been a
recovery on a report that a group of influential South African
mining magnates will come to the aid of the embarrassed
operators in Paris. The. difficulties of the French financial
houses, it iB understood, have been occasioned by the alarming
state of Spanish finances, Spanish securities being nearly all
held in France.
There has again been some considerable activity in Ameri
can railroad securities on this market, partly on the impres
sion that gold will go to your side owing to the fall in the ex
change, and this impression has been strengthened by the
publication of the September Board of Trade returns, which
show a heavy increase in the imports from the United States
in all produce, including cotton. The actual figures give the
value of the imports at £33,111,156, being an increase of
somewhat over 8 per cent on the corresponding month of last
year. The figures for the exports are £19,797,080, being an
increase of somewhat over 1 per cent compared with Septem
ber of last year.
The French wine harvest, which is now being garnered, is
even more abundant than that of last year, and the quality in
the case of the clarets is actually superior. The peculiarity
about the vintage of claret wines in the Gironde and Medoc dis
tricts is that the grapes require, during the actual time o f vin
THE CHRONICLE.
October 24, 1896.]
tage, ligh; showers ; and the rain which proved so disastrous
to the wheat harvest in Scotland and the North o f Englind
during last month p oved most beneficial to the gathering in
of the claret crop. The contrary, however, is true with refer
ence to the Burgundy and Champagne districts, which re
quire brilliant weather throughout the harvesting of the
grapes; consequently, although the Burgundy and Champagne
districts will produce this year a very abundant crop, it is not
thought that the quality will be quite equal to the ’95 vintage.
It is. however, too early to say positively if this i3 the case,
but judging from the experience of past years it will
probably be so.
The abundant supply of champagne during the past two
seasons and the falling off in the demand for this wine, owing
to causes into which it is not necessary now to enter, has
caused exceptionally large amounts o f stock to be left in the
hands of dealers, and consequently wealthy people on your
side who are thinking of making a cellar of this choice bever
age have an opportunity o f purchasing magnificent cham
pagne at lower prices than probably at any time in the whole
history of the wine trade.
There has been a poor demand for silver during the week,
the price to day being 29 15-16i. For the usual 40 lacs of
rupees offered by the Indian Government for tender, only a
trifis over 1 crore was subscribed, as against nearly 3J-£ crores
a week ago, and the price offered was also lower.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price o f consols, Ac.,
compared with the last three years:
739
The following shows the imports o f cereal produce in to
the United Kingdom during the first five weeks o f the netsseason compared with previous seasons:
tm portsofw heat,ow t.
B arley..........................
Oats..............................
Peas..............................
Beans...........................
Indian corn.................
F lo u r ...........................
IMPORTS.
1896.
1895.
5,700,630
8,4-1 i.’ OO
1,841,9 tO
2,886.160
1,6 0 ,6 '0
1,171.740
292,195
245,710
218,750
457,370
6,86 ,200
4,252,100
2,098,880
1,858,720
1894.
8,332,707
3,232,019
l,t>25.295
166,620
531,422
2,316,4 >4
2,068,863
1893:
6 ,8 0 1 ,3 9 6
3 ,0 25,4 29
1 ,3 83,5 46
193,50 6
51 4,13 4
3,1 57,5 99
2 ,6 18,9 82
Supplies available for consumption (exclusive of stocks on
September 1):
„
1896.
Wheat Imported, ow t. 5,7* 0,630
Im ports o f flour........ 2,0*8,380
Sales o f home-grown.. 2,909,561
1895.
8,440,700
l.-5 * ,7 0
1,628,670
1894.
8,332,707
2,068,866
1,903,875
1893.
6 .8 0 1 ,3 9 6
2 ,6 18,9 82
2,5 65,1 86'
T o t a l ................... 19,709,071 11,928,090 12,310,448
1896.
1395.
1894.
A ver.price w heat,week.‘253. 2d.
23s. 6d.
18s. 9d.
A verage price, se a son ..2 Is. Id .
23s. Od.
20s. 7d.
1 1 ,9 8 5 ,5 6 4
1893.
27s. 6 1 .
26s. 3d .
The following shows the quantities of wheat, flour a n d
maize afloat to the United Kingdom :
This week.
W h eat................. q r s .1,583,000
Flour, equal to qrs. 302,000
Maize........................... 1,130,000
E n g lis h
Last week.
1,495,000
245,000
1,140,000
1895.
1,815,000
2 '7 ,0 0 0
683,000
18 94.
1 ,7 4 2 ,0 0 ®
3 0 5 ,0 0 ®
2 8 9 ,0 0 ®
F in a n c ia l M a r k e ts —P er C a b le.
The daily closing quotations for securities, & c., at London
are reported ]>y cable as follows for the week ending Oct. 23 ;
L ondon .
Sat.
Mon.
Tues.
Wed.
Thurs.
F ri.
3 Mle 30 X
Silver, p er ounce....... d. 30 X
30%
1906.
I8»d
30%
1804.
1893.
O.t. 10.
Consols., new, 2% p.ots. 107% 10778 107=8 108
10831B.
OCt. 7.
Oct. 0.
108
Oct. 11.
Jfc
£
£
£
F or a c c o u n t............... 108
108
107% 108 % 108%
f8.iatf.350 3fl.762.tf35 26.0C6.545 26,405.360 Fr’oh reutealln Paris) fr. 101*40 01-42% 0 1 32% 01-47% 101-55 101-55
CtreolA'tou ... .................... ..
13%
14
14%
14%
14%
6.321.08*5
B,9t7.t70
labile deposit*....................^
3,592.609 Atc-h. Top. & Santa Fe. 13 %
5.269.427
P acific.......... 58%
59%
58%
59%
59%
68 X
Other deposits.......................... 49.57X.S56 57.295,171 39,337,437 32.314.292 Canadian
14%
14%
Chesapeake Ac Ohio....... 14%
15%.
15%
15%
Government securities .......... . 16.939. iwg 16,621,473 15.9 *8.964 12337.6*8 Chic. Milw. & St. Paul. 72X
73%
74%
74%
75%
72%
Other securities
................... *8.137.4*) 25,11 ».98tf 18.860,-463 24.418,318 Denv. Ac Rio Gr., p ref.. 4 3 7s
43%
44%
43%
44=8
43%
29.111.023 31.763.70*5 n j m j n
Reserre of notee end o >!n..
16,491.599 Erie, c o m m o n ............... 14%
15
15
14%
1478
14%
32%
33
34%
34
1st
p
referred
..............
34 V
32
X
Coin A bullion, both depertm'U 3tf.6l3.443 41.726.641 36.943.717 26.419,919
Illinois C entral............. 93%
93%
95%
96
94 X
95 X
50*
67
46 11-16
Prop, reserve to liabilities.. p. c.
#m
148% 149% 151
Lake S h o re .................... I4 s%
152
151X
3
2
3
Beak rete
........ per cent
2
Louisville & Nashville. 44
44%
444*
45%
47
45%
109*
107*
Consols, 2-H per cent ...............
101%
e«X
M exican Central, Is ... 6SX
69 X
69%
68%
68 X
69 V SOd.
29 5-lrt.j,
Silver
............................
33*1.
Mo. Kan. & T ex., com .. 11
11
11%
11%
819,4.
11X
11%
94
95%
95%
96
94 X
Clearing-House returns............ 153.717.000 140.518,000 110.963,000 111.212,00• N. Y. Cent’i Ac Hudson. 93 X
14
14%
N. Y. Ontario Ac West’ n 14
14%
14%
1
4^
The rates for money have been as follows :
10
Norfolk Al West’ n, pref. 15%
15%
15%
16 %
157a
21%
22%
22%
22%_
Northern Paclflc, pref. 2 1 X
21%
Interest allowed
Pennsylvania................ 53%
53%
53%
54
54
54
Open Market Hate*.
for deposit* by
12%
Phila. Ac Read., per sh.. 12
12 X
13
12%
11T8
f
South’n
Railway,
com
..
8%
3%
8*8
8%
8X
8 7s
Trade BiUe.
Bank Bills.
LHsc’t H’n
24%
25
26
25%
Preferred..................... 24%
26 %
Joint
2
7*s
Union P acific.................
8%
7%
8V
7%
7%
Three
Thru
Four
Six
Four
At
Six
Stock
7 to 14 Wabash, preferred....... 14%
14%
15%
157a
16
3
15 >4
Months Months Month* Months Months Months Banks. Call. Days
1
2
1
1
Sept. 11 • i x * i x i x * i l « 1X»1
*x
kX
1
13 X 1X*X
t
19**2*
1
1
2X
2X
•• 25 3+
b
2
*
«
X
«3
2X *X Hu®*
-’X
m
IX
I mports and Exports for the W eek .—The following are
IX
1 * 1 1516-1 kX«2X *X*kX
9 l
Oct
FX
IX
IX
IX
the imports at New York for the week ending for dry good®
"
•f %
is
tX
14
1*
SH kXsX
k*
2M
Oct. 15 and for the week ending for general merchandise
•
Swpt. to. T t t»ie«i% . 6 a Md<*kX.
♦ Sept. at. * 1 13-itkax.
Oct. 16; also totals since the beginning o f the first week i n
©o muieuctal and m iscellaneous Uenrs
The Kink rate of discount and open market rates at the
chief Continental cities have been as follows:
Rates of
Interest at
Peris...............
Berlin..............
Hembarv.......
Frankfort.......
Amuterdem....
Brussels..........
Vienne.> . . . .
flt. Petersburg.
Med rid. .........
Copenhagen...
OH. 9.
Oct. 1
Sept. 25.
Dank Open Bank Open Bank
Rate. Market Rate. Market Rate.
2
4
4
4
8
8
4
a
5
4
15-16
a*
*x
*x
»x
2X
4
M
6
4
8
4
4
i
8
8
4
a
6
»x
2
»x
sx
ax
4
6X
6
SX
2
4
4
4
3
a
4
a
6
SX
Sept, 18.
' n-'n
Bank
Market Rate
2
SX
3X
4
kX
2
4
*x
6
8*
8
4
4
4
3
8
4
6
6
SX
Open
Market
IX
SX
sx
3X
kX
2
4
sx
6
894
January.
FOREIGN IMPORTS AT NEW YORK.
F or week.
value.
The quotations for bullion are reported as follows:
G o ld .
London Standard,
Bar gold, floe___os.
B »r gold, parting. <«.
Spanish, o ld ___„ o »
„ * « * ................... OS.
U. H. fo ld co in ...o * .
O erarn fo ld cot n.os.
French fo ld roln.o*.
Oct
8.
Oct.
1.
». d. t.
7711X 77
7$ 0 77
76 1 X 76
76 2 X 7 6
76 7 X 76
78 3 X 7 6
76 3 X 76
d.
10x
U
IX
2X
7X
3X
3X
S il v e r .
London Standard.
—
Bar silver, fine...ox.
Bar silver, contain
m g 5 g n . gold..ox.
Cake sliv e r......... 08.
M exican do liars, oz.
1895.
1891.
$2,663,230
7,858,970
$1,477,473
4,671,262
T o t a l........
$6,148,735 $10,522,200
Since Jan. 1.
Dry g ood s....... $ 89,606.247 $118,217,344
Gen’l m er’dise 265,040,519 293,770,578
i A.
30 *!,
30%
32%
29
30'Ii8
32 La
296, a
$7,827,962
$7,846,94®
$69,806,457 $104,777,78®
2/1,581,170 342, .07 ,30®
EXPORTS FROM NEW YORK FOR THE WEEK.
1896.
$8,596,445
For the w eek..
Prev. reported . 2a2,727,599
1895.
1894.
$9,382,884
258,256,154
$6,627,094
281,312,395
1893.
$8,055,96528 9,1 4 4 .3 1 8
Total 41 weeks $3 >1,324,04* $267,639,038 $287,939,489 $297,200,281.
The imports of dry goods for one week later will be fo u n d
in our report of the dry goods trade.
The following table shows the exports and imports of specie
at the port of New York for the week ending Oot. 17 and
since January 1, 1896, and for the corresponding periods i n
1895 and 1894:
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Exports
d.
30
$1,340,708*.
6,506,238
The following is a statement of the exports (exclusive o f
pecie) from the port of New York to foreign ports for the
week ending Oot. 19 and from January 1 to date :
Qold.
Oct. ! Oct.
8.
L
1893.
$1,863.>01
5,964,861
Total 41 vaek* $354,646,766 $411,987,922 $341,390,627 $446,885,08®
Me*srs. Pixley & Abell write as follows under date o f
October 8 :
G o ld .-T h e same It '*'a dem ind for void continues, and prioos almost
up to B tnk selling rale* b iv o boon paid lo the open market. Willi a
resumption o f d em in t for the States, the B m k has lost .£113,000
•lace oa r last, o f which £2 33,000 goes to New York and £270.000 to
K grpt. Only £ t'2 ,O O o ns* beea received. Arrivals: Capetown, £ 2 0,OOO. A lls,rail, £ Vi. Ml- ; Bombay, £ >7,000; ChUI, £ 6 , >00. Total,
£310.001. Shipments to B •m ot,, £ l >.ooo.
Silver—Shortly after our last, the lad l in silver price fell rapidly,
and although V . w York could not he s il l to he a heavy seller, tuo
London price h u l to deodoe to induoe buying. At 1 relay's price of
3*>d. the our lo -k "till * --m s uncertain. Arrivals: New York, £ l7 a ,0 0 ij
Australia. £ 3 « 0 » . ch ill, £42,000. Total. £221,000. Shipment* to
B imh «y. £ t * 2 ,0 in.
Mexican D o lla r s—These ooln remain quite nom inal at molting
1896.
Dry g oo d s.......
Gen’l m er’dlse
Week.
Since Jan. 1.
Im ports.
Week.
Since JcmJLu
Great B rita in .........
F rance......................
G erm any..................
West In d ies............
M ex ico.....................
South A m erica.......
A ll other countries.
$ ............ $12,089,260
8,357,541
27,002,066
657,236
20,000
62
2,830,117
40,000
$484,762 $33,530,134
8,18 7,352
993,950 15,04 M 44
228,842
5,935,516246,4 L2:
1,998
1,052,716
26,359
84,294
Total 1896.........
Total 1895........
Total 1894........
$20,000 $50,976,282
$984,476 70,892,569
1,011,400 85,315,346
$1,735 911 $64,084,568
1,164,680 24,745,27®
330,582 14,896.038
THE CHRONICLE,
740
Im ports.
Exporls.
Silver.
Week.
107,861
1,771
9,276
6,3 *2
91,878
2,361
$13,277
6,176
8,659
279,059
759,737
1,308,131
71,903
$1,136,455 $42,230,724
774,540 30,207,653
594,500 28,129,508
$109,817
5,660
41,052
$2,446,942
1.500.527
1,440,487
$980,891 $37,925,036
155,564
3 ,7 3 1 / 89
84,846
379,521
Great. B r ita in .........
F ra n ce......................
Germ any..................
W est Indies.............
M exico ....................
South A m erica.......
AH other countries.
T otal 1896.,
Total 1SOSTotal 1 8 94-
Since Jan. 1
Week.
Since Jan. 1.
Of the above imports for the week in 1896 $1,630,084 were
American gold coin. Of the exports during the same time,
$20,000 were American gold coin
H rea d stu irs
F ig u r e s
B rough t
F ro m
P age
In store at—
'»we«y .............
[V ol . LXIII,
Wheat;
bush.
Iw.000
St Louis................... 8,393 >00
Do
afloat.........
40,000
Cincinnati..................
1.000
Boston .................... 1.305,000
Toronto.....................
237,000
Montreal................... 507.000
Philadelphia.............
444.000
Peoria.......................
196,000
Indianapolis............. 257,000
Kansas City............... 588,000
Baltimore.................
889,000
Minneapolis-. ........... 14,527,000
On Mississippi River.
..
On Lakes.................. 2,221,000
In canal and river... 490.000
Total Oct.
Total Oct.
Total Oct.
total Oct.
' otaI Oct.
17.1896.54,808,000
10. 1890.52.134,000
19, 1895 40 199.000
20 1894 76,059,000
21.1893 00.9 9.000
Corn,
bush.
Oats
bush.
137.000
20/00
2,000
206,000
..........
29,000
808,000
147,000
30.000
34,000
1,224,000
16,000
.........
4,117.000
33,000
70,b66
905.000
240,000
99.000
1,004,000
494,000
17,175.000
14,4 8.000
6.479,000
3.399.'>O0
9,589,000
10.035,000
9.534,000
4 380.000
9.145.000
6 218.000
...... .
Rye,
Barley,
bUsh
....bush.
14,000
138.000
63.000
300.000
130,000
488,000
28,<>00
16,000
1,000
1,000
' 20,000
PI.000
16,000
47,000
13.000
i 03.000
5,000
' 3,000
109.POO
8.000
15,000
200,000
300,000
1,109.000
539.000
2,350,000
2,032.000
879.000
408.000
456.OO0
3,411,000
2.920,000
3,70l,0"0
.3 068.000
2,3 5,00
T 2 .—The
tatements below are prepared by us from the figures o f the
—The Comptroller of the City of New York will open on
New York Produce Exchange. We first give tne receipts at Monday, Nov. 9, proposals for $16,046,590 of three ard a-half
Western lake and river ports, arranged so as to present the per cent gold bonds. Full derails of the offering will be found
in the advertisement in our Municipal Department.
comparative movement for the week ending Oct. 17, 1896,
—Messrs. Wood & Havemeyer, 35 Wall Street, deal in
nd siace August 1, for each of the last three years:
Standard Gas rights.
Receipts at—
Chicago......
Milwaukee.
I>uluth......
Minueap’lis
Toledo.......
Detroit.......
Cleveland..
St, Louis...
Peoria . ..
Kansas City
Tot.wk.’96
Samewk.’95
Same wk. ’94
Since Aug. 1.
1896 .......
1895.........
1894.........
Rye.
Barley.
Wheat
Corn.
Oats.
Flour.
Bbls.198 bs Bush.80 <bs Bush. tbs Bush.82 lbs Bush. »8 lbs Bush.50 lbs
158,997
75,347 1,410,400 4,411,«00 5,003,419 1,160,637
92,995
352,950
81,250
363,000
548,0-0
45,4 0
620,427
56,541
12,403
124,978
203,235 2,000,710
35,100
344,210
1,70* 2,688.370
31,800
5S,?00
10,500
1.293
257,800
73,747
14,400
7,775
116,623
77,043
63,518
8,890
„ 1,950
10,821
204 090
9,388
528,150
64,50)
30,860
285,541
6,000
431,850
740.150
48,300
5.550
48 000
93,500
182,000
173,50 1
355,721
379,179 7,314,833 5,769,316 7,177,042 2,350,804
175,056
340,302 7,919,495 2,01-\O50 4,278.881 1,008,010
73,181
981,07r* 3,919,721 1,328,907
316,309 4,839,970
3,259,132 63,453,087 41,525,511 49,582,991 8,512,301
3,201,058 01,379,405 28,149,870 40,800,582 10,100,711
05,607.703 17,330.190 29,800,209 12,218,755
4,03 ,4
2,324,850
1,022,701
726.140
The receipts of flour aud grain at the seaboard ports for the
week ended Oct. l? f 1896, follow:
Corn.
Orta,
bush.
bush.
400,309 1,225,300
102.656
13 *,194
122.592
154 935
129,212
242,383
482.554
467,999
10,240
13.154
12.520
27,085
Wheat.
bush.
bbls.
131,315 1,109,?-OO
757,500
98,555
1"6,h42
Philadelphia....... ... 51,4i4
170,481
12,594
Richmond ..........
4.256
23,414
New Orleans.......
..
Barley,
bush.
3U4.475
7,391
1,459
39,200
12,500
Rye,
bush.
100,175
13.4*8
9,036
89,037
2,148
City R ailroad Securities—Brokers’ Quotations.
Bid.
Atlan. Ave., B’ klyn—
Con. 5s, g., 1931 . A<fcO §102
Impt. 58, g., 1934.. J&J
Sleek, St. & Ful.F.—Stk.
29
1st mort., 7s, 1900.J&J §106
Brooklyn Rapid Trausit.
19
B'way A7th Ave.—Stock. 195
1st mort., 58,1904. J&D $103*2
2d mort., 5a, 1914.J&J §100
B’way lst.58,guar.l924 §110H»
2d 58.lnt.as rent’ 1.1905 §103
Consol. 5a, 1943...J&D 115
Brooklyn City—Stock.... 160
Consol. 5a, 194 a... J&J 110
Bklyn,Cro38t’n58.1908 103
Bklrn.Q’nsCo.<fc8nb.lst 96
Bklyn.C. &N’ wt’w n - Stk 160
5a, L939 ...... ............... §104*3
Central Crosatown—Stk. 198
1st M.,6s, 1922...M&N §115
Oen.Pk. N.&E.Riv.—Stk. 150
108
Columbus &’ 9th Ave. 5s. 113
Ghriat’p’r&lOth St.—Stk. 150
1st mort.,1898 ...A & O 102
§ And accrued interest
Ask.
Bid.
x .Ex-dividend.
Gas Securities—Brokers’ Quotations.
GAS COMPANIES.
Bid. Ask*
GAS COMPANIES.
Bid.
91 Peoples’ (Jersey City)___
88
305,0 45 214,484
2,409.286 1,3*8, 22 2,198.008
105*4 10534 Williamsburg 1st 6s ..
103.179
7,865
Week 1895........... .. 405,140 879,607 1,719,374 1.235,840
Fulton Municipal 6s—
Central............ ...... — 105
E quitable....................
The total receipts at ports named in last table from Jan. 1 Consumers’ (Jersey City).
Bonds, 6s, 1899.........
98
St. Paul...... . ..............
to Oct. 17 compare as follows for four years:
Jersey City & Hoboken.. 180
Bonds, 5 s...................
Metropolitan—Bonds....... 108 110
1893
1894.
1895.
Receipts of—
I89fl.
26 Standard pref . . . . . —
15.500,160 Mutual (N. Y.......... ......... 2 20 2101
16,371,509
13,38^,311
Floor................. bbls. 8.703,276
Common...... .......... . . .
N. f . & East Riv. l a t 5a.. 100
64 Western Gas ...............
Preferred ............. . .. 69
78 654 3U
40,179.424
31.315 734
Wheat ............ bush
36
34
Bonds, 5s.......—.........
45.181.70 L
38,148.287
39,731 284
Corn................. “
43 082.527
Consol. 5s .................... 86*3 89
30.568.725
33,31S."O0
O ats.................. “
3,070,822
2,8l 0,5w9
1,947.717
Barley ............. “
N o t e .—Prices are mostly nominal.
988 66 L
351,497
397.404
Rye..................
"
$ And acorned interest.
170.880.042
Totalgratu.. . ... . ,192.257.599
106,700,145
124,364,532
B’ klyn Union Gas—Stook.
The exports from the several seaboard ports for the week
ending Oct. 17, 1896, are shown in the annexed statement:
Wheat,
Exports from—
bush.
New York............ . 532.004
Boston.................
Portland..............
Philadelphia....... .. 270,589
New Orleans... .. 165,000
Norfolk .... ..
Newport News .
191,189
Montreal-----...
Corn,
bush.
2! 1,821
54,597
122.572
105.157
1- 1.058
601,932
9L.OOO
100,000
222,946
Total week......... 1,734.483 1.831.723
Same time 1895..... 755,087 1,295 332
Pea 8,
bus .
14,143
Oate,
bush,
560,774
2,750
Rye,
bush.
2'3.175
70,286
22,000
10.471
80.000
2*5
50,000
89.079
42,233
154,409
219,732
251.413
782,888
1^,672
341,694
19,720
108,552
58,722
Flour,
bbls.
62.326
36,923
18.332
02,924
2,760
Do
afloat.
afloat...
Do
afloat.
Toledo................
_ Do
afloat...
Do
afloat..
R y e,
bush.
374.000
23,000
B ar lei,
bush.
85,000
10,000
bush.
.. 5,297,000
bush.
2,020,000
1,880,000
40,000
243,000
2,207,000
25,000
100.000
380,000
..15.301,066
7,228,000
2,542,000
587.000
194,000
68,000
0,066
150,000
yl04t006
22,000
213.066
302,666
£02,000
17,000
405,000
94,000
:<...........
59,000
41,666
45,000
..
772,000
Sir*
61
92
By Messrs. R, V. Harnett & Co.:
200
lo o
10
10
J 7,606 _
Shares,
3 N. Y . & N. J. T e le p .C o ...l2 3
Bonds.
$1,000 N. Y . Prov. & Boston
RR. Co. 1st 7 8 ,1 8 9 9 ............ 107?8
Shares.
The N. Y Bisouit Co....... 54
The Diamond U toll C o .100
Lawyers’ Surety Co........ 99^6
17th Ward B 'k o f B’klyn 112
g au h iu g
and
Iffcaaacial.
Spencer T ra sk
& Co.,
BANKERS,
2 7 Sc 2 9 P I N E
STREET,
65 Stale Street, Albany.
INVESTMENT
The visible supply of grain, comprising the stocks in
granary at the principal points of accumulation at lake and
c c a W o ii por'ua, op t 17, 1896, was as follows
Do
195
114
57
82
107
Auction Sales.—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auotion.
1.737 988 1,734,483 12.016,595 1,831.723 18.170,143
1.728,849
755,087 6.003,529 1,295,332 9.214,8)8
Oat*.
58*
88
175
By Messrs. Adrian H. Muller & Son:
........
.
__ -Corn.
- Wheat.-------- Flour.---------*
Week 6%nce Sept. Week Since Sept.
Week Since Sevt
1, 1890. Oct. 17. 1, 1890
1. 1896 Oct. 17
Oct. 17.
bush
bush
bush.
bush.
bbls
bbti.
978,270 9.780.832
153,254 1,237.023 1,402,162 9.331,593
770.082 7,915, M
171.563 324,326 3,228,411
32.070
31,070
49,7 '5
4,887
113,183
5.388
229 512
33,703
137.545
22.803
70.230
10,200
38,183
4,508
104,03)
21,704
1,218
10,491
7,995
1,103
Win store at—
New York.......Do
afloat.
A lbany.............
Baffalo........... ,
Do
afloat.
170
104
105
190
110
54
79
105
Bonds.
$225,000 Forest City & Sioux City RR. Co. 1st 6s, 1915, J & J ..$10,000
$2,000 Vlcksbursrh Shreveport & Paoiflo R R . Co. Inoom.es. .$4 0
The destination of these exports for the week and since
September 1, 1896, is as below. We add the totals for the
corresponding periods of last year for comparison:
Exports for
tfMk and sin
Sept. 1 to—
flailed Kingdom
Continent..........
P. A C. America..
West Indies.......
Brit. N. A. Col’s.
Other countries.
Total ............ 219.732
Total 1895.......... 251.4L3
A ik.
D. D. K. B. & Bat’y—Stk. 104 167
105
1st, gold, 5s, 1932.J&D 110*4 112**
S crip .............. ............... § 99*, 102
82b
Eighth Avenue—Stock... 320 335
31
108
Scrip, 6a, x 9 1 4 ............ n o 112*9
20 42d & Gt . St. Fer.—Stock 300 320
199 42d St. Man. & St.N. Av.
54
00
106
1st mort. 6s, 1910.M&H §110 112*fl
54
no
2d mort-tnoome 6a. J&J
00
113
Lex. Ave.&Pav.Ferry 5a. 113 114
105
Metropolitan T raction... 98
99*3
115*3 Ninth Avenue—S tock... 157
163 Second Avenue—Stock. 160 155
111
lat mort.,5s,1909.M& ' : 105 107*3
Debenture 5a, 1909.J & J 101 108
99
sixth Avenue—Stook__ 185 195
Third Avenue—Stock ... 101 102*9
106
lat mort., 5a, 1937. J&J 119*4 119*3
Twenty-Third St.—St’ k. 300
Deb. 5s, 1903................ 100 105
103
100
Union Ry—S took...........
lat 5s. 194?................... 101*3 102*a
113*3 West&iest’r, iaLgUMSa. §101 102
155
NEW
YORK.
SECURITIES.
S a m j e l D. D avis & Co.,
BANKERS,
N O . 3 6 W A L L S T ., N E W Y O R K .
Sam u el D. D a v is .
Ch a s. B . V an N o stran d .
2‘95,000
G eorge B a r c l a y Mo f f a t .
A l e x a n d e r m . W h it e , J r
M o ffat
& W
h i t e
,
BANKERS,
30
P IN E
S T R E E T
INVESTMENT
-
-
N E W
SECURITIES.
Y O R K ,
THE CHRONLCLE.
October 34, 1896.]
J b e
The following were the rates of domestic exchange on New
Yor at the nnder-mentioned cities to-day: Savannah, buying
1-16 discount, selling par ; Charleston, buying % discount,
selling par: New Orleans, bank, par: commercial, $2 00®
$1 75 discount: Chicago, $1 10 per §1,000 discount; St. Louis,
30c.(§50c. per SI,000 premium.
Posted rates of leading Bankers follow:
j a n k e r s ' (g a x e tte .
D I V I
DEN
Per
Oent.
Same o f Company
K a llr o a d w ( S t e a m ).
Great No thorn pref. (quar.).......
Bt. Paul Minn. Man. guar.(quar.)
S tr e e t I t a t l w a y * .
A lban? Ky. <qa,«r.>. ...................
Allegheny Traction, Pitts............
S ew O r.
Carrollton KK.Iquar.)
8t. Charles Btieel RK (q u a r.)....
K a u kn.
American Exchange N ation al...
Pacific i q ia r .)................ ...............
Greenwich ....................................
*• m o e l la n e o u * .
Chic. Pack. A P rov.com .&pf.(qr.)
Hudson ctlvcr Telephone iquar )
Nat'l Starcn d fg l*t pref . __
Henry K Won tilngton, pref. .. .
D S.
When
Payable.
B ooks closed.
(Days inclusice.)
IV,
1**
Nov.
Nov.
i* »
•2*4
IV,
1*3
Nov.
S ot.
Oct.
Oot.
2 ---------- t o ------------2 ----------- t o -----------
3*a
*2
3
Nov.
Nov.
Nov.
2 Oct. 21
2 Oct. 21
2 Oct. 24
4
1
o
3
Nov.
Nov.
Nov.
Nov.
2 ---------- t
2 ---------2 Oct. 27
1 Oct. 25
2
4
20
20
--------- to -------.i
-----------t o ----------------------- to ---------- Oct. 10 to Oot, 19
to Nov.
to Nov.
to Nov.
741
Oct. 23.
Sixty Days.
Demand.
Prime bankers’ sterling bills on L ondon.. 4 82 ® 4 82i.2 4 85 ® 1 85*3
Prime comm ercial.................................
4 81 ® 4 8 m
Docum entary com m ercial.......................... 4 80 ® 4 80%
5 22716'@ 5‘22% 5 2058-5 1915, 6
Amsterdam (guilders) bankers................
39%®39131( 401u ® 40%
Frankfort or Bremen (reichmarks) b ’kers
943s ®947,6 951lfi-@95ig
4
1
2
United States Bonds.—Government bonds are strong, the
new 4s having advanced V/Z per cent. Sales at the Board
o ------------- indude $124,000 4s, coup.. 1925, at 116 to 1173^; $76,000 4s,
to ----------- coup., 1907. at 1073$ to 108; $10,p00 4s, reg., 1907, at 1071^ to
to Nov. 3 i07j£ : $1,000 5s, coup., at 1113^, and $1,000 5s, reg., at 110%.
to Nov. 1 The following are closing quotations:
W A L L S T R E E T , F R I D A Y . O C T . 3 3 , 1 S 9 6 - 5 P. M .
The Money Market and Financial Situation.—Opera
tions in Wall Street have this week been on a somewhat
broader scale than of late, influenced chiefly by the political
situation, the grain markets, the foreign exchange market,
the gold movement and the money market. These features
have been generally regarded as favorable and securities
o f all classes have advanced. The Government new 4s,
which closed last week at 116, sold to-day at 1173^.
Politically the situation has improved, as the estimated
number o f electoral votes in favor o f the sound money can
didates is increasing. Some of the States heretofore con
sidered doubtful are now claimed as sure for McKinley and
Hobart, and s >me States which have been claimed by Bryan
without dispute are now regarded as doubtful.
The export demand for wheat, with the consequent ad
vance in price, now exceeds any similar movement in recent
years, and of course the effect is far-reaching and important.
This movement has added many millions to the wealth of
the country and distributed it chiefly where it was most
needed.
The abundant supply of foreign exchange resulted in
lower quotations and heavy engagements of gold for import.
Rates for exchange advanced on Thursday and are still
higher to-day. The total receipts o f the metal since Aug.
15 and engagements for shipment to this country now ag
gregate over 170,000,01)0.
The conditions in the money market have not encouraged
speculation. A large amount of funds is absorbed by grain
dealers and time loans are not in demand. Call money, how
ever, is easier as the week draws to a close.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 10 per
cent. To-day's rates on call were 5 to 6 per cent. Prime
commercial paper is quoted nominally at 7 to 10 per cent.
The Bank o f England weekly statement on Thursday
showed a decrease in bullion of £1,497,365, and the percent
age of reserve to liabilities was 50-56, against 50-27 last
week ; the discount rate was advanced from 3 to 4 per
oent. The Bank o f France shows a decrease of 5,564,000
francs in gold and 1.934.000 francs in silver.
The New York City Clearing-House banks in their statement
of Oot. 17 showed a decrease in the reserve held of $4,885,500
and a surplus over the required reserve of $11,911,100, against
115,599,200 the previous week.
1896.
Oct. 17.
Diffcren'strom
1895.
Oct 19.
-
1894
I Oct. 20.
|
#
60.622.700
62.622.700
72.665.700
73.59 '.2J0[
Loan* A dtiio’ntA. 456,139,200 Deo 254,000 501,3/0 ,300
Clrotila tloB ..........
In c. 225,300! 14,131.100
N f t flepodll*........ 453.6 * 5 ,2 0 0>D ec4.7 89.6 00 53 1.9/4 .100
Bpwiin ........... 59,136,400>lno 6*6.U00 61,-51,900
L^gal ten d er*.. . . 66,198,5 *0» D e c .5,5 71,5 00 i 86,5. »9,300
h e ld ..... 125,334.900 Deo 4,885,500 148,361,200
Legal rwervf*__ 113.423.800 Dm 1*197400] 132,981,0/5
61.622,700
71,25W,6<>0
500.772. 00
ll.723.OuO
594.706,9 0
93,937, *00
117,252,560
211,190,4* 0
148,676,725
15.380,175
62.513.675
C apital.................
B urplun ..................
H n m li l i reaoFYn
11 O i l 1i fl H ue £ Pfcft IDO
Foreign Fir-hang*.— Quotations for sterling exchange
ruled low during the early part o f the week. 1 he market
has become firmer towards the close, owing to a considerable
demand from gold importers and a higher discount rate in
London.
i <>-day*s actual rates o f exchange were as follows: Bankers
sixty day**' s t e r lin g , 1 0 1 ^ * 4 0 1 / 4 ; demand, 4 04}jJ(^4 04 ?4 ;
cables, 4 05){<04 80)4.
Interest
Periods
2e, ......................rejc4s, 1907.............re*.
4g, 1 9 0 7 . . . . . . . coop.
4«, 1925.............reg.
4ft, 1 9 2 5 ...,. ..cou p .
5s, 1904............. reg.
5s, 1904.......... coup.
6s, aur'cy,’ 97. .reg.
6s, onr’cy ,’ 98 ..reK.
6s, o a r ’oy.’9 9 ...r e e .
4s, (Ohef.)1896.reir.
4s, (Clier.)1897.reg.
4s, (Cher.) 18 98.reg.
4s, (Cher.) 1899.reg.
Q.-Moh.
Q ,-J a n .
Q .-J a n .
Q--Feb.
Q.- Feb.
G.- Feb.
Q.- Feb.
J. A j
J. * .1
j . * s.
March.
March.
March.
M arch.
Oct.
17.
Oct.
19.
Oct.
20.
Oct.
21.
* 92% * 92b, * 92% * 92%
* 106 % *10 38 *106% *106%
1071*3 107% *107% 108
*114% *115 *115*4 *115%
lls * s 116*4 UG78 117
*109% 11038 *109% *110
•111 *111 *111 *111%
•101 *101 *101 *101
*103 *103 *102% *103
•1041*2 *104% *104% *101%
n ot % *100 *100% *100
*100% *100 *100% *100
n ot % *100 *100% *100
*10, 14 *100 *100% *100
Oct.
22.
Oct.
23.
* 93
107%
*107%
*116
117
*110
*111%
no*
*103
*104%
*100
*100
*100
*100
* 93
107%
*108
*116
*117
*110
111%
*101
*103
*104%
*100
*100
*100
*100
* This ts the p rice bid at the morainic board, no sale was made.
United States Sub-Treasnry.—The following table show^
receipts and payments at the Sub-Treasury.
Dale.
Receipts.
Payments.
17
19
20
21
22
23
$
3,255,609
3.988.527
3 / 84,128
2.725,428
2,064,905
2.181,116
$
3.517,175
4,752,527
4,448,415
3.874.239
2,616.858
3,939,939
Total
17,299,713
23,149,153
Oot.
“
"
••
"
“
Balances.
Coin.
$
126,304,585
126,405,470
125.973,379
125,566,423
125,872,782
123,714,018
Coin Cert's. Currency.
$
1,105,492
1,382,969
1,166,804
1,108,582
1,209.166
1,155,722
*
58,777.994
57,635,635
56,919,503
5 6 ,2 14,t>71
55,275,974
55,729,359
Coins.—Following are current quotations in gold for coins :
Sovereigns...........$4 86
Napoleons ......... 3 83
X X Keichmarks. 4 70
25 Pesetas........... 4 77
Span. Doubloons. 15 55
Mex. D oubloons.15 50
Fine gold bars. . .
par
® $4 89
® 3 88
® 4 80
® 4 81
® 15 75
®15 75
'll % prem
Fine silver ba rs... — 65% ® — 66*3
Five fran cs........... — 93 ® — 95%
Mexican dollars.. — 50*2® — 52
Do uncom’o ia l.. — — ® — —
Peruvian sola.......— 45% ® — 47
English s ilv e r ..., 4 80 H 4 86
U. 8. trade dollars — 65® —75
State and Railroad Bonds.—Sales of State bonds at the
Board are limited to $1,000 Virginia funded debt 2-3s of 1991,
at 57% and *1,000 Term, settlement 3s at 78.
Railway bonds have been in better demand at advancing
prices and the volume o f business has materially increased.
While the low-priced speculative issues have been most ac
tive, there is a notable increase in the movement of highgrade bonds. The Atchisons and Readings have been most
conspicuous, and advanced an average of between 2 and 3 per
cent. No. Pacific con. 5s have moved up 4% points on liberal
sales The active list, many of which have advanced from
1 to 2 points, includes also Union Paoific, Ore. Short Line, Col.
Midland, Burlington & Quincy, Rock Island, St. Paul, Chic.
& No. Pacific, Mo. Kan. & Texas, Texas & Pacific, Wabash,
Erie, Col. H. V. & Tol., Ches. & Ohio, Southern Ry. and
West Shore bonds.
Railroad and Miscellaneous Stocks.—The market for
stocks has been more active this week than for several
months past and prices have steaddy improved. These con
ditions are due in part to sympathy with the advance in
the grain markets and to the gold influx but chiefly to in
creasing confidence in an overwhelming sound money vic
tory on Nov. 3. In some cases an order to purchase a few
snares of a particular stock has developed the fact that none
was being offered and a bid was sufficient to advance
quotations a point or more. Some of the investment stocks,
including Lake Shore, Central of N. J. and New York Cen
tral, have advanced from 3% to 5 per cent, on limited sales.
I he grangers have been especially strong on the present
heavy yrain movement. Louisville & Nashville, Reading,
Mo. Pacific and Southern Ry. preferred have advanced from
about 2 to over 3 per cent.
. TT
.,
Of the miscellaneous list, Gen. Electric, U. S. Leather
preferred and Tenn. Coal, Iron & Ry. have been strong on the
improved trade conditions, and Chicago Gas has advanced
over 9 points on rumors of a possible change in the executive
and legal heads of the Illinois State Government and a dis
tribution of the company’s profits. Am. Sugar has fluctu
ated over a range of 4% points and closes at lll/g . Pacillc
.Mail and Western Union have advanced over 2 points.
742
THE CHRONICLE
[VOL. LXIIl.
NEW YORK STOCK EXCHANGE—ACTIV E STOCKS fo r week ending OCT. 2 3 , and since JAN. 1, 1 8 9 0 .
H IG H E ST AN D LOWEST PRICES.
Saturday,
Oct. 17.
Monday,
Oct. 19.
Tuesday,
Oct. 20.
Wednesday,
Oet. 21.
Thursday,
Oct. 22.
Sales of
Friday,
Oct. 23.
STOCKS.
Range for year 1896.
the [On bans o f loo-share lots.]
Week,
Shares.
Lowest.
Highest.
A c tiv e It It. S to ck s .
14 A t.Top. <fe S.Fe, allinstal. paid 19,123
8% Aug. 7| 17% Feb. 24
223»
Do
pref. 26,624 14% Aug. 7\ 28% Feb 24
A tlantic <fe P a o iflo _____
% June 10
% F eb . 6
15% B altim ore & O hio............
700 10% Sept. 2 44 Jan. 27
20% B rooklyn Rapid Transit,
426 18 Aug. 10; 25% Apr. 23
59 Canadian Paoilio___ . ...
52 Jan. 4 62% M ay 27
47 Canada Southern............
3,400 40% Aug. 7| 51% Feb. 10
2,916 87% Aug. 10 109% Apr. 23
104 Central o f New Jersey ...
100 13% Aug. 22 15% Feb. 15
15 Central P acific.................
5,312 11 Aug. 8 18% A pr. 23
1538 Chesapeake & O hio....... .
42 155 Apr. 2 155 Apr. 2
Chicago & A lt o n ......................
74% Cliieago B urlington & Quincy 117,717 53 Aug. 7 82% A pr. 24
72%
7214 7414
Chioago & Eastern Illin o is-..
37% Aug. 10 43 Jan. 18
47*2
*3714.........
" ' 2 0 90 Aug. 11 100% Mar. 5
94
§92
94
96
1)0
p ref.
73% Chioago M ilwaukee & St. Paul 125,224 59% Aug. 10 79% June 17
72
71M 73
1,087 117% Aug. 7 130% Mar. 2
124% 124%
125
124*4
Do
p ref.
101% Chicago & N orthw estern....... 11,363 85% Aug. 10 106% Apr. 23
99% 101%
100%
140% Aug. 28|150 June 30
_ . Do
p ref.
6213 63%
V 59% 60%
59% 62%
53% o"i% Chioago R ock Island & Paoiflo 31,527 49% Aug. 7 74% Feb. 24
63% 643s 63*38 65
1,755 30% Aug. 8i 45% Apr. 27
37
36% 36is
39% 40
*35
39
39
39% 40
4014 40 >2 Chioago St. Paul Minn. c%Om .
120 120% „
280 117 Jan. 7 1 2 5 % July 3
*118 121 *119 121 §120 120% *120 125 *120 125
Do
p ref.
3,080 19% Aug. 8 39% Feb. 10
*25
26
26% 27%
27
2714 27% 27% Cleve. Cinotn. Ohio. & St. L ...
25^4 26
27*2 27
5 73 Aug. 7 90% Feb. 20
Do
p ref.
1,855 12% Aug. 10 18% Jan. 23
16
16
15% 15*2 16
16
16%
1638 15% 16
nbus H ooking Y al. A To!
16*2 16
*50
*53
60
60
*50
*53
60
60 _
*50
60
50 Ju ne22; 60 Ju ly 22
60
*53
Do
p ref.
775 114% Aug. 10:129% Feb. 11
§122% 1 2 2 ^ 122 % 122 % *122 123
123 123 §123% 123% 123 123% D elaw are & H udson______. . .
687 138 Aug. 1 0 1 6 6 June 5
153% 156
154 155 §155% 155% DelawareLackawanna&W est
*155 156
155 155
154 155
50 10 Aug. 25 14 Feb
*1 0 % 1 1 %
* 11 % 12 % D enver & R io G ran d e_______
'1 1
4
11%
2,675 37 Aug. 7 51 Feb 24
42% 42%
43% 43% _ . Do
42% 43
43ia 43ia 42% 43%
p ref.
42% 42%
3,451 10% Aug. 7 15% M ar 12
*13% 14
14% 14%
14
14
14% 14%
14% 14% E r ie ............................................
14% 14%
182 27 Ju ly 29 41% Mar. 17
* 3 0 % ___
§33
33
§31
31
*30% 32
Do
1st p ref.
33% 33% *31% 33
15 13 Aug. 6 25 Mar. 16
*18% 20 _
$17% 17% *18
20
Do
2d p ref.
300 24 Aug. 15 34% Feb. 24
*29
30 E vansville & Terre H a u te.. . .
*26 . . . .
*26 .......
28% 29
*26 .......
*26 .......
117 124 *115 120 *115 120
115 120 Great Northern, p re f................
*117 122
108% Mar. 13 121 M ay 7
115 120
820 84% Aug. I I 98 JaD. 31
*92% 94 Illinois C entral.........................
*90.
92%
93
93
§91
91
92
92
92% 93
2,179
7
*6%
7
7
8%
8% Iow a Central...................... .
5% A ug. 13 10% Feb. 7
8%
8%
7%
7%
7%
8%
587 19 Aug. 7 38 Apr. 23
30
30 r
*25% 26
*25% 26
29% 30
*25% 26% §27
27
Do
p ref.
775 12% A ug. 10 22% Feb. 5
*15% 16% L a k e E n e A W estern..............
16
*14% 15% *14% 15%
16
15% 15% •15% 16
391 55% A ug. 8 75 Feb. 7
65% 66
66
*65
§66
66% §67
, Do
p ref.
67% §67% 67% §65% 67%
1,826 134% Jan. 7 154% June 17
144% 144% 146 146
144 144
147 147% 147% 147% 147 149 Lake Shore & M ich.Southern.
700 60 Oct. 21 84 Jan. 7
*62
67
*55
60 L ong Island...............................
67
*62
60
60
60
62
*62
67
" 42% 42%
42% 43%
45% 46% Louisville <fe N ashville............ 66,414 37% Aug. 26 55% Feb. 24
43% 43% 43% 44% 43% 45%
1,547
1
1
% Oct. 21 10% Feb. 18
%
1 Loul8V. N ew A lbany & Ohio..
%
%
%
*%
%
7s
'8
1,480
26a
2
3
2%
2% . .
2 Oot. 23 24% Feb. 13
§2
2
2%
3
Do
pref.
2%
2%
2=8
91%
34,846
90% 91%
90% 91%
73%
Aug. 13 113% Feb. 11
92%
90%
91%
90%
Manhattan
E
levated,
oon
sol..
91%
90% 91%
1,170 79% A ug. 10 109% M ay 25
95
98% 99 M etropolitan T raotion..........
*92% 96
95
97
97
96is 96% *95
M
ichigan
Central..............
456
92
*91
89
Aug. 28 97% Feb. 11
93
92
*8
8
94
93%
92
91
92
*88
*88
505 12 Aug. 21 21% Feb. 21
16% 16% M inneapolis & St. Louis.
*14
16
17
16
*15
16
15% 15%
16
616
30
*70
*70
54 A ug. 8 83 Feb. 21
76
75
§70% 70%
80
*71
75
*70
*70
Do
1st p ref.
75
44% 44%
42
42
42
*43% 46
44
44
45
*39
Do
2d pref. 300 30 Aug. 10 53% Apr. 22
*40
40
9% A ug. 6 13% Feb. 21
*10%
1 0 % * 1 0 % 11
11% M issouriKansaa & T ex as.......
*11
11
§11
11% * 10 % 11 % *11
8,011 16 Ju ly 20 31% Feb. 25
25% 25%
23% 24*4
23% 23%
Do
p ref.
24% 25%
24
24ia 24% 25%
11,372 15 A ug. 7 29% Apr. 24
19
20
20 % 21 % 21% 21% M issouri P aoiflo..............
18% 19
20
20ia
20% 21%
100 14 Aug. 10 25 Jan. 11
*17
19% M obile ifcOhlo............................
20
18
*16
18%
18
*17
20
*17
19
*17
§70 Oct. 2 §7 0 Oct. 2
Nashv.Chattanooga&St.Louis
N ew E ngland.......................... .
§20 Aug. 14 51% Jan. 28
1,663 88 Aug. 6 99% Feb. 10
93% 93% N ew Y ork Central & Hudson
90% 90%
91
91
93
93%
91ia 92% 92% 93
250
*11% 13 New Y orkC hioago & St. Louis
12
9 Aug. 11 I d Jan. 22
*10
11% *10
11% 14
11% 11%
*10ia 12
*65 ___
67% Ju ly 28 80 Jan. 22
*65 . . . .
*65
75
Do
1st p ref.
65 ___
*65 ___
*65 ___
1,000 20 Aug. 10 35% A pr. 13
*24
28
*23
27
28
28
Do
2d p ref.
26
28
26
26
27
27
325 160 Ju ly 23 186 Feb. 10
§171% 171% 170 173
172% 172% §172 172% §173 173% N ew Y ork N ew H a v e n * Hart.
172 174
3,582 11% Aug. 10 15% Jan. 31
*13% 13%
13% 13%
14% 14% New Y orkO ntario & Western.
14
14%
14%
13% 1378 14
780
6 Aug. 11 11% Jan 31
8%
— New Y ork Susq. & West., new.
8%
8
8
8%
8%
8%
8%
8%
8ia
§8%
8ia
2,120 12 Aug. 8 31% Feb. 6
22% 23%
*20%
22%
Do
pref.
2 1 % * 2 0 % 21%
21*8 2118 22% 22% *22
125
t% Apr. 29 10% Oct, 23
*9% 1 0 %
*9% 1 0 %
10% 1 0 % Norf.& W estern,all InstaL pd.
11
§11
"978 10ia *10% 11
269 t4% M ay 8 16% Oot. 23
16
16%
15% 15% §15% 15% 616% 16% *15
§14% 14%
D o pref.,tr.otfs.allins.pd.
16
1,961
t% M ay 23 14% Sept. 30
14% 14% Nor. P ac., all instalm’t paid.
13% 13% §13% 14
'13% 14
14
14
13% 14
9,203 110 Apr. 16 22% Oct. 23
20% 2 1 %
20% 20%
D o p ref.,all instal. paid.
21
21% 2 1 78 21% 2 1 7g 2 1 78 22%
21
tlO
Feb. 18 22 Apr. 14
*16
24 Or.R y & N av.C o. reo. asst. pd.
*17
24
*16
24
24
24
24
*16
*16
*16
’ "275 13% Apr. 14 16 Sept. 25
*12% 15
*12
*14
16
14
Or.S.L.&U.Nor.reo.aUins.
pd
*14
15%
16
*13
15
15
2 2 % 23%
22 % 23%
25% 25% Phila. & Reading allinst. p d. 95,325 t2% Jam 7 25% Oct. 23
23% 25%
24% 25%
23*8 24
320 11 Aug. 7 18% Feb. 7
*12
*12
13%
13
13% 13% P ittsburg Cinn. Ohio. & St. L.
13% 13%
12ia 12ia *12% 13%
40% Aug. 12 59 Feb. 27
*41% 48
*41% 45
*44
Do
pref.
50
49
50
*44
*44
‘ 44
50
17 Jan. 15 20% Jan. 31
P
ittsburg
&
W
estern,
p
ref___
15
15
16 Feb. 8 18% Feb. 10
R io Grande W estern................
24
108
Sept. 15 118 Jan. 3
*111% 114 *111% 114 *111% 114 *110% 114 *112 114 §113% 113% Rom e W atertow n& O gdensb.
53 Aug. 14 60% Jan. 3
*55
60 St. L ouis Alt. & T. H.,tr.reots
*55
*55
*55
60
60
59
2%
Aug.
10
5% Feb. 7
1,900
33gt
4%
*3%
3%
4
4% St. Louis Southwestern...........
3%
3%
3%
4%
4*2
4*2
6% Aug. 7 13 Feb. 26
1,659
8
Do
pref.
8
8
8%
9%
9%
9%
8%
8%
9%
9%
9%
27%
Feb. 24
15
Sept.
16
20
20
*20
*18
*18
23 St. P aul & D u lu th ..................
20
*20
*19
23
*18
25
Oct. 14 91 Feb. 10
19 §75
*80
Do
pref.
85
*78
85
*78
*80
87
§85
85
*75
87
87
115
Jan.
14
105
Aug.
11
122
*106 112 *106 111 *106 111 *106 m
*109 112 St. Paul Minn. & M an itoba ...
110 n o
500 14% Oot. 22 22% Jan. 14
15 Southern Paoiflo C o.................
*12*2 14*2 *12*2 14
141* 14*2
*12% 14
14% 14% *14
6% A ug. 7 11 Feb. 6
5,450
*s
8%
8% Southern,voting trust, oertlf.
8%
8%
8^
8%
8%
8%
8%
8%
8%
243a 24*2 24%
24
D o pref., votin gtrust. cert. 17,561 15% Aug. 8 33% Feb. 25
25% 26
23% 24*8
24% 25%
24% 26
9% Feb. 25
5 Aug. 7
2,740
7®8 *6%
8
*6%
8% Texas & Paoiflo.........................
7%
7%
7%
7%
8
7%
7%
32 June 8 35 M ay 6
*20
*20
*20
3b Toledo & Ohio C e n tr a l...____
35
35
*20
35
*20
35
*20
35
75 Apr. 6 75 A pr. 6
Do
pref.
*50
75
*50
75
75
*50
*50
*50
75
*50
75
75
3% Jan. 7 10 Apr. 21
7%
7%
8% Union Paoiflo trust receip ts.. 26,290
7%
7%
8
8%
8%
7%
7%
7%
8%
5% Feb. 13
1% Aug. 29
605
*13*
1 V U n io n Paoiflo D enver & G ulf.
B*13i
*1%
*1%
1%
1%
1%
1%
1%
1%
1%
1%
7% Feb. 24
4% A ug. 7
935
*6
63s
6%
6% W a b a s h ............... .....................
6
6
6
6%
*6
6%
6*8
‘ 5%
4.984 11 Aug. 7 19% Feb. 24
Do
pref.
14% 14^4 15
15% 15%
15% 15%
14% 14*4
15%
15i0 15%
13%
Feb. 14
5%
Aug.
27
5,532
W
heeling
<
fe
Lake
E
r
i
e
.
.
.
.
.
.
.
.
6
6*8
6%
f 5*2
5*2
6%
5%
5%
6
5%
5%
5%
1,770 20% A ug. 8 40% Feb. 13
Do
pref.
*25
27
26% 29% 27% 29*4 27% 27%
28% 28%
*25
27
4%
Feb.
24
1%
A
ug.
21
250
Wiso.
Cen.
Co.,
voting
tr.
o
tfe
.
2%
2%
2%
*1%
2%
*1%
2%
2%
2%
*1%
3%
*1%
M is c e lla n e o u s S to c k s .
19
Jan.
27
8
Ju
ly
20
1,226
Am
erican
Cotton
Oil
C
o.........
14
14
15
15
14% 14*4 *13% 14%
14% 14%
14%
*13*2
1,602 37 Aug. 10 69 Feb. 11
543s 55
Do
pref.
56
§54% 56
52
54
b6
53
§54% 55% *54
6% Oct. 23
4% Aug. 7
5,197
53s
6
6% A m erican SpiritsM fg. C o ....
5%
5%
5'%
*5 *2
5%
5%
5%
5%
§5%
1,108 15% Oot. 20 21 Aug. 14
Do
pref.
16*3 15*8 16
16% 17®8
§15% 16%
*15% 163i *15
16*2 16*2
126%
A pr. 21
95
Aug.
10
190,477
A
m
erican
Sugar
Refining
Co.
1073s
110*8
109
110%
1 0 6 78 1073a
110*4 112*2
109»8 110*2 109*8 111*4
3,792 92% Aug. 8 105% June 12
Do
pref.
98%
§96% 98
97% 97%
98
97
95% 96%
96*2 97*2 97
95
A pr. 2
51
Aug.
10
54,053
A
m
erican
T
obaeoo
C
o............
72%
69*$ 71%
74
71% 72*8 69% 71% 71*2 73%
69% 76%
95 Aug. 4 103 Feb. 13
Do
pref.
"96
*96
*96
*94
*95
*94
70%
M
ay 4
44%
Aug.
8
68,998
CliloagoGas
Co.,
certs,
o
f
dep.
64% 66
64% 65%
65% 69
59% 60%
61% 65%
59% 61%
1,770 133 Aug. 10 164% A pr. 29
L48 *145*2 147
§143 1 4 3 ^ 143% 143% 144*2 146 *146
148*2 148*2 Consolidated Gas C om pany.
39%
Mar.
13
20
July
16
8,797
283s
273a 27%
27% 28%
26
26%
26% 28
27%
255q 25%
2,678 16 A ug. 10 28% Apr. 21
223fl 22*2 22 34
22
21*2 21% 2 1% *21*4 22
19*4 19*4 *19
92
M
ay
4
75
Aug.
27
505
Do
pref.
86% 86% §85
86%
86% 86%
83% 83% §83% 84% §84% 84%
6% Feb. 24
3% Aug.
2,420
43s
§5
5
5
*4%
4%
5
O
4%
4%
4 7a
5
31
Feb.
10
15%
Aug.
7
5,302
20
20*8 20%
20
20% 21*2
*19
20% 20%
19%
18% 19%
*114.
*114
*114.
*114
*114
*114
1 ,2 1 6 1 3 8 Aug. 7 164 Feb. 11
14534 146
148% 148% 149 149
146 146
147 147% 148 148
93,000 64% Oct. 12 70 Feb. 24
65% 66
65% 65 %
66
66
65*2 65%
65% 65*8 66
66
21,151
13 Ju y 20 34% Feb. 10
2l3 t 22%
22% 24
22
23
23*4 243* 23*2 24%
21% 2L3i
6% Feb. 7
1,700
3% A ug. 7
4%
4%
4%
*4%
4*2
4*s
4^8
4%
4%
*4%
4%
4%
502
6% Aug. 8 12% Feb. 7
Pref., tr. reo. all Ins. pd.
9%
*9
9
94
9%
9
*8%
9%
9%
9*2
9%
9%
2,160
5% July 16 117S Feb. 8
93s
9*8
9%
9*2
9%
9
9%
9
9%
9%
*8%
9
pref. 18,460 41% Aug. 10 69% Feb. 14
Do
60
60%
60% 61%
60*2 60%
58% 59%
57% 59
59% 61
6,654 14% Aug. 8 29 Jan 13
;ed St
L7
16% 17*2
19%
18% 19%
*15
15*2 16
16
15*2 *15
1,121 65 Oet. 12 89 Jan. 15
pref.
Do
683t
*65
68
68% 6938
66% 66%
66Hi §67
67
*65
67
32.536
72% Aug. 10 87% A pr. 22
84*2
84%
85%
86
83%
84
83%
84%
.83
83%
83%
82%
13%
12% 13
13
13%
19% 20*3 203i
19% 20%
%
*%
%
*%
*%
14*8 14*3 *13% 14*2 *13%
19
*19% 20
*19*4 20
*56
58
*56*3 58
*56%
46
46*8 46^8 4 5 ^
46
100 100*2 101
*99 100
*13% 14*2 *13% 14*2 *13ia
14*4 14*4 1418 1 4 1e 14ifl
155 160 M55k» 155*o *156
68% 70%
70%
68% 69%
*37% 47*2 *37% 47*2 *37%
94
96
*89
*89
*89
71
69% 70*4 69% 70%
124
123% 123%
124
98% 99% 99%
98% 99
13%
2114
%
15
1914
57%
46%
101
14
14%
13% 13%
21% 22*4
*%
%
‘ 14
15
*19
20
*57
58
4 6 7e 47%
102 102%
*13% 14
14% 15
§158 158
72% 73%
*37% 47*2
96
*89
71% 72*2
§124% 124%
100 101
* These are bid and asked; no sale made.
13% 14%
21% 22%
*14
*jj
*1414 15
*19
20%
*57% 58
46% 47%
10212 1023*
13% 133*
151s 1512
133*
22%
*%
14%
*19
*57
47
IO314
*14
1514
*157
73%
*3V%
*89
72%
125
100
§ Loss than 103 shares.
t B efore paym ent of any instalment.
+ A ll instalm ents paid.
THE CHRONICLE.
October 34, 189<5.]
743
NEW YORK STOCK EXCHANGE PRICES (Continued )-IZVaC!ZTFJ7 STOCKS.
I icactivb S tocks .
I Indicates nullsted.
R a ilr o a d S to ck s.
4.1bany 4 Susquehanna......... —100
Ann A -b o r ...................................1 0 0
P referral.................................... 100
Balt. A O .8. W. p ref., n ew ....... lOt
B elleville A South. 111. p re f...... 100
Boston A N. Y. A ir Line p r e f ..100
Buffalo Rooheater A Plttsourg.lOO
Preferred.................................1 0 0
Bari. Cedar Rapids A Nor.........100
C hicago Great W e ste rn .................
Clev. Lorain A Wheel, p r e f...—100
Cleveland A P i t t s b u r g . 50
D m Moines A F oi D od ge.........100
P r e fe r r e d ..............................—100
Dolnth So. Shore A A tla n tic H. 100
Preferred U................................ 100
Evansville A Terre 11. p r e f....... 50
Flint A Pere M arquette... . . —100
Preferred................................ ..1 0 0
Illin ois Central leased lin e s ..—100
Indiana Illinois A I o w a .. . . . . . . 1 0 0
Kanawha A M ichigan................ 100
Keokuk A Des M oines............—100
Preferred.................................... 100
Louisv. St. Louis A T e x a s.........100
M exican C e n tr a l.......................100;
Mexican National tr. c t f s .........100
Morris A E s s e x . . . . . . . . . —. . —.. 50
New Jersey A N. Y . . . . . . . . . . . . 100
Preferred....................................100
ff Y. Lack. A W estern...............100
Norfolk A Southern.................-.100
Ohio S o u th e r n ............................ltv|
Peoria Decatur A E vans vllie . 100 j
Peoria A Eastern ...............
100
Rensselaer A Saratoga...............tUO
Rio Grande Western pref ..... .1 0 0
ToL St. L. A Kan. C U y f_______ 100
Preferred H— ..................... ..1 0 0
Oct. 23.
Bid.
| Range (sales) in 1896.
Ask.
Lowest.
175
7
....... 170 July
84
6 4 Aug.
22
1 7 4 Aug.
3
8
7 Feb.
------1 3 1 4 Jan.
ioo" 105 jlOO Oct.
li
25 | 10 Jan.
55
51 May
65
....... 70 Mar.
3\ 5 4 4 Oct.
36 Aug.
162*
155 Jan.
6
7
5 Aug.
45
51 Apr.
60
4
3 \ July
1 2 4 1 0 4 Apr.
41
45 Apr.
13 Feb.
34 Oct.
85 Jan.
25 Jan.
5
6 4 May
13
2 Jan.
10
12 July
13
20
6 4 Aug. 12 "’ Feb.
4 May
2 4 Feb.
150 Aug. 1 6 6 4 Feb.
74
114
159
644
*«r
4
175
May
Feb.
Feb.
Feb.
Jan.
May
May
May
Mar.
June
May
May
J une
June
Jan.
Feb.
Feb.
Feb.
Feb
May
Jan.
Jan.
Mar.
Feb.
674
LO
5
185
* No price F rid a y ; latest price this week.
1 0 0 4 Aug. 120
6 3 4 Sept 70
14
3
181
39
5
Jan.
May
June
3 4 Feb.
Jan.
6 June
Oct. 182 Feb.
Jar».
4 6 4 Feb.
Feb.
5 4 Apr.
Oct. 23
I n active Stocks .
H Indicates unlisted.
Highest.
1834
114
294
7
13 14
102
25
624
70
104
544
162
94
60
6
144
50
16
43
924
25
8
34
18
(\ Indicates actual sales.J
Bid.
Range (sales) in 1896.
Ash.
x H ls c e lla n e o a s S t o c k s .
Adam 8 E xpress............................100 144 147
American Bank Note Co IT..............
42
40
Am erican E xpress...................... 100 109 112
Amer. Telegraph A Cable......... 100
914
Bay State Gas TT.......................... 50 "is
94
Brooklyn Union Gas................... 100 88
92
Brunswick C om pany..................100
1
Chio. Juno. R y. A 8tock Y ards. 100
Colorado Coal A Iron D e v e l... 100
2
1
Colorado Fuel A I r o n ................ 100 1184 19
P referred .................................. l o o
90
Columbus A H ooking C oal....... 100
Commercial C able.......................100 140
Consol. Coal o f M aryland.........100
32
36
Detroit Gas.................................. 50
Edison Elec. 111. o f N. Y ............100
9 2 4 95
Edison Elec. HI. of B rook lyn .. 100
Erie Telegraph A Telephone ..1 0 0 160
Illinois S te e l................................ 100 1444 45
Interior Conduit A In s.............. 100
Laclede G as............ ....................100 J254
P referred.......... .........................100
Maryland Coal, p ref....................100 40
Michigan-Peninsular Car C o .. .100
Preferred....................................100
Minnesota Iro n ............................100 1574 59
National Linseed Oil C o.............100 13
17
National 8taroh Mfg. C o............ 100
New Central C oal.........................100
44
9
Ontario 8ilver M ining................ 100
Oregon Im prov’ t Co. tr. rects-.lOO
178
Penney lvani&Ooal..................... 50 300
2
1
Quicksilver M ining..................... 100
15
P referred................... ...............100
Tennessee Coal A Iron, p r e f... 100
£t»x«s Paoiflo Land Trust..........100
U. 8. Cordage, guar., tr. certfs.100 1184
40
jU. 8. E xpress............................... 100 35
95
IW ells, Farvo E x p r e s s ................100l 86
Lowest.
135
Highest.
Aug. 1 5 0 4 A pr
105 “ Aug.
78 AUg.
7 Oec.
75^3 Aug.
Feb.
86 Aug.
M July
14»8 Aug.
90 May
% July
1621(1 Apr.
30 Mar.
2114 Aug.
89 Jan.
96 Sept.
58 Oot.
33 Aug.
35 Feb.
17 July
78 Feb.
97 May
33 May
9 5 4 June
1 Sept.
9 6 4 Feb
4 4 Jan.
3 4 4 Feb.
98 Feb.
4 4 Mar.
.62 4 Apr.
3 2 4 M ay
3 3 4 June
.0 0 4 Ma>
96 Sept.
6 2 4 Jan.
75 Apr.
35 Feb.
30 A p r1
8 6 4 Apr.
59 Feb.
60
40 AUg. 72
13 Aug. 2 1 4
4% Jan.
64
5 Aug.
84
15
8 Jan.
44
M June
320 Apr. 340
2
13» Apr.
14 June 14
5
12
35
80
Feb.
Feb.
June
Feb.
Feb.
Mar.
Jan.
June
Jan.
June
Jan.
7 "F eb .
Aug. 2 4 4 Feb.
Aug. 48 Apr.
Aug. 101 Feb.
\ Actual sales.
NEW YORK STOCK EXCHANGE PRICES—ST-dT# BONDS OCTOBER 2 3 .
SECURITIES.
Bid.
Ask.
A
C l * 9« A , 4 to 5 ....... 1906 109
CUM B, S . ......... ................... 19061 100
c u m C, 4 » ..................
1906
94
OarrenoT lan din g 4 * . . . . . . . . 1920) 90
A
6»,IU B a,H ol.l899-1900 . . . . .
d o. R o n -H o U o rd l.......
T*. A rk»n **» C entralH K . . . . . . . .
I. >al*l»n*—7 « ,e o n * ___
,i9 1 4
Stamped 4 * . . . . . . . . . . . . . . . . . . . . . .
Bew oonole. 4 s....................... 1914
90
SECURITIES.
New York City Bank Statement for the week ending
Oct. 17,1896. We omit two ciphers (00) in all cases.
saNxa.
(00a omitted.)
I fa o h a t t a o CO...........
MerohanU'..........
Keehaaloa’---- - ....
Shea lx ........................j
......j
Tradesmen'.---------Chemical . . . . . . . . — j
Merchant*' Kxoh'ge
Seuetui National...
*atcn»r. kDroTarW
M a ch a d o * '« T to d 't
aree&wioh. . . . . . . . . .
Leather Maoafac'rs
Seventh National..J
State of New York..
American Exchange
?rS5«7:.v:r::r.
Mercantile. . . . . . . . . .
Pacific...*
OepabLo..........
Chatham..........
Peoyie’a ...........
Worth 4 merle*
Hanover................Irvine*
— ...
Oltiaen’a ..................
N u u a ................... .
Market A Pulton...
S ioe A Leather.......
Corn Exchange .......
OouUnonUkl.......... —
Oriental ............. —
ImportereATradera'
Park ................... . ..
I m ( River.— . —
Fourth National
Central National .—
Second National....
Ninth National.......
N ational........
I Irat
bird National .....
Legalt. jDeposits.
Capital <i
Surplus.
SECURITIES.
Bid.
Ask.
78
80
571?
51*
Loans.
Specie.
Legal*.
Deposits.^ Oirc’Vn.
$
$
9
$
$
$
$
N. Y.*
8ent.l9.. 133.638.3 451.889.3 53.435.3 08.513.1 415.976.1 19.221.1 491.071.8
*• 26.. 133.638.3 450.541.1 54,330,9 71,977.3 148.368.7 19.709.1 478,781,4
Oct. 3.. 133.038.3 153.106.0 55.801,1 74.108.2 454.733.1 19,900,4 575.784.8
•• 10.. 133.638.3 450.393.3 58.450.4 71,770,0 458.481.8 20,295,8 559.935.1
** 17.. 134,212,9 456.139.3 59.130.4 06,198,5 453.095.2 20.521.1 572.569.2
B on.”
0,905,0 139.250.0 10.239.0 94.763.3
Oot. 3. 09.351.8 100.711.0 8.566.0
7.184.0 140.400.0 10.301.0 87,468,1
‘* 10.. 69.351.8 161.179.0 8.807.0
17. 09.351.8 100.739.0 9.202.0 7.020.0 140.782.0 10.411.0 90,788,8
P h lla . •
90.920.0 0,805,0 62,230,6
27,1 53.0
Oct. 3- 35.203.0 101.778.0
90.009.0 0,839,0 58.455.4
20,- 17.0
“ 10.. 35.203.0 101,771 0
90.912.0 0,853.0 62,886,3
20,£ 44.0
*• 17.. 35.263.0 101.767.0
• We omit two cipher» in all these houres.
t luoladlng for doiton and Philadelphia the Item “ due to other banks.”
Miscellaneous and Unlisted Bonds :
M is c e lla n e o u s B o n d s .
Amer. Spirits Mfg., 1st 6a...
04 b.
Br’klyn Un. Gaa,lat oona. 5a, 105 b.
Ch. Jnn. AS. Yds.—Col. t.g., 5 a
OoL C. A I. DeveL go. 5a. ...
Colorad ; .el A I.—Gen. 5a.
Col. A Hook. Coal A I.—6a. g.
Cona.Gaa Co.,Chic.—lat go. 5a 82 b.
Conaol. Coal oonv. 6 a .........
95 b.
Det. 'ina con. lat 5 ...............
09 4b.
Edison Eleo. 111. Co —lat 5a.. 107 b
Do.
of Bklyn., lat 5s..
Kquit. G.-L., N. Y.,ooua. g.5a.
Equitable G. A F.—lat «a —
97 a.
Henderson Bridge—lat g. 6a.
Illinois Steel deb. 5a............
Non-conv. deb. 5s ..............
Int. Cond. A Ina. deb. 6a...... ........
Not *.—Mbn indicates price bid; **a ”
M isce lla n e o u s B onds.
Matihat. Be tch H. A L. g. 4a. * 25 b.
Metropol. Tel. A Tel. lat 5 s ..
Mlch.-Penin. Car lat 5a —
Mutual Onion Teleg.—0a, g.. . . . . . .
Nat. Starch Mfg. lat 6a........ i t b.
N.Y. A N. J. Telep. gen. 5a..
Northwestern Telegraph—7a
People’s G is <fe C. ( lat g, 0a. i*06 b.
Co., Chicago...... 52d g. 0a. *104 a.
Jat cons. g. 0s....................
90 b.
Pleia. Valley Coal—lat g. 6a. . . ... .
Sunday Creek Coal lat g 0a. - .....
U. 8. Leather—S.f. deb..g.,6a. 112 b
Western anion Teieg.—73... ___ . . .
Wheel. L.E.&Pitr.a.Cual lat5a
Undated Bond*.
Comatook Tunnel—Inc. 4a...
6 b
price asked* * Latest prioe this week.
Bank Stock List—Latest prices this week,
BANKS.
America......
Am. E xoh...
.T. Nat. Exchange
Bowery*...
• a o a rr.....................
Broadway...
N ew York C ounty..
Bntoba’ ADr.
German \mertcen..
Central........
Ch**e National...... i
Chase...........
Fifth A venae. .... J
Chatham......
Berman E xch an ge..
Chemical ...
Borman l a .................
City........ ..
aaltod 8 to tee.........|
Citizens’ ......
Liaoela,......... ..........
Columbia....
Garfield----------. . . --------- 1
Commerce...
Fifth National .. . . .
Continental.
Bank o f the Metrop.
Corn Exoh..
Weet R ide---East River..
11th Ward...
RLzth National......
Fifth Ave....
w et tern Hattonel . ,
Fifth-...........
First Nat. Br*Ura..
First. .. . . . . .
A C a io o B a n t .,.,
First N., 8 .1 .
hertv Nat. Bank
14th Street..
N.Y. Frol. Kxoh'ge
Fourth, . . —
Total
60 s n .7 7A59n.3 4Sfl.13ft.Jl 89.136 4* 06 198.5 453-095.2 Gallatii— .
&
Ask.
New York Citj, Boston anil Philadelphia Banks:
BANK 8.
IOapUal Surpt’i Loans.
Bank of Now York..
01tr....... .
Bid.
Mbwo art—Fund...............1 8 9418 95
S o rth Carolina—6a, o ld .......... J&J
Funding a c t............................ 1900
New bonds, J & J .........1892-1898
38..............................................1913
Chatham H R ........................
Special ta x , Class I ............ .........
do
files.. .
.1913
105
Consolidated 4a..................... 1910 95
6a...............................................1919 1181*
Virginia funded debt, 2-38... .991
South Carolina—4**a, 20-10.. 1933 100 108
6a, deferred t’ at reo'ts, stam ped.
6a. non-fund............................1888
I ’d
Bid. Ask.
BANKS.
Garfield...... .
German Am. 105
170
German Ex, *
210 23*6" ‘ GsmaniA. , 350
Greenwich . 165
140
120
Hanover...... 3J 0
120 135
Hud. River.. 155
350
280 30*5*' Im. A Trad’a’ 515
4000 43 JO Irvin g......... 140
Leather Mfa’ ....
550
Lincoln........ 700
120
Manhattan.. 200
175
Market A Fal 200
105 200
Mechanics’ .. 180
130 136
M’ohs’ A Tra’ 115
275 285
Mercantile .. 109
120
Meroh wits’ . . 130
200
Meroh’ta Ex. 110
2700
Metropolis — 400
250 275
Mt. Morris.. 100
—
100 .... Nassau.
N. Ama’dam 190
........175
155 1162 'New Y ork... 220
290 '310 In . y . Co’nty. 010
330
163
375
(*Not listed.)
Bid. Ask. ( BANKS.
625
300
320
535
160
170
800
195
125
180
130
150
205
230
N Y. Nat. Ex
Ninth.........
19 th Ward.
N America
Oriental....
Paciflo........
Park...,......
People’s __
Pheutx.......
Prod. Ex.*..
Repnblio__
Seaboard ...
Bid. 1A s k
108
100
125
175
175
250
230
100
111
135
170
425
99
90
105
100
Seventh ...
ShoeA Le’tb
Stateof N.Y.
T hird.........
Tradeam’n’a . . . .
Union 8q.* 175
Union. ..... 180
nii’d S'atea 175
I14ia
Wester j
West Side..| 275
1
112
135
195
270
105
____ , r
150
174
97
105%
104
80
200
. .....
12)
IVOL. LXII1,
THE CHRONICLE.
744
BOSTON, PHILADELPHIA
Active Stocks.
1 Indicates unlisted
Atoll. T. & 8. F e§(Boston).100
A tlaotio & P ac.
“
100
Baltimore & Ohio (ItaM.).lOO
Balt. City Pass’ger 44
25
Baltimore Traction “
25
B altim oreTrao’ nfi (PAiZ.)- 25
Boston & A lbany (Boston). 100
100
Boston & LoweU
44 100!
Boston & M aine.
•
•
100
Central o f Mass..
“
100
i referred.........
“
100
O o.Bur.&Quln.
Ohio Mil.& 8t. P. (P hil.). 100
“
50
Oho O. &G.vot.t.c
100
Cit. 8t R y .of IndH “
Fitchburg p ref.. (.Boston;. 100
Lehigh V a lle y .. ( Phila.) . 50
M etropol’n Trac.fi 44
100
M exican Cent’l ( Boston). 100
New England___
44
100
P re fe n e d .........
“
100
Northern Central ( B a l .). 50
Northern PaoiflcJ (Phila.)lOO
Preferred J
100
Old C olony...... ( Boston) 100
Pennsylvania ...(P h ila ,). 50
Phil. & Reading.!
“
50
Philadelph Trao.
44
50
Union P a cific... ( Boston) .100
U nionTr notion.. (PA iZa.;. 50
M is c e lla n e o u s S t o c k s .
Am. Sug’r Retin.fi (P oston ;___
P referre d ........
100
Bell T eleph one..
25
Bost & Montana.
25
Butte & B oston..
Calumet & H eola
25
Canton C o ....... . (B a it.). 100
Consolidated Gas
“
100
Elec.Stor. Bat’yfi (Phila.). 100
Preferred IT
44 100
Erie T eleph one.(B ohton). 100
General Eleotrio.
44
100
P referred .........
100
“
100
Illinois S te e l___
AaniBonStoreSer.
44
50
Lehi’h Coal&Nav. (Phila.) 50
N. E. Telephone (Boston) .100
P a.H eat,L .& P ow (P A i/a.;___
Unit'd G aslm p.fi
44
50
Weisbach Light fi
44
5
West End L and. JBouton)
||Lowest is e x dividend.
Saturday,
Oot. 17.
Tuesday,
Oct. 20.
Monday,
Oot. 19.
13
1 2 78 13
%*
*%
*14
*14
13%
%
63
16% 16%
16% 10%
203 203 *202
202
202 20 i *
156% 156% *156%
10
10 *
*16%
17
69
69%
69
70%
68%
69%
6%
70%
70%
6ia
90
90
*29
29%
954i 95%
7%
7=8
90
29%
94%
*7%
90
29%
944i
8
13%
W ednesday,
Oot. 21.
13%
13%
Thursday,
Oct. 22
13%
*14
17% 17%
17% 17%
205 205%
203 204
159 159
*
10
*53
72% 74%
71 % 72%
6%
6 7e
90
90
30%
30
97
97
8%
8%
60
*62%
65
14
*13%
21%
21%
175% *175
52%
52%
12%
64
8%
10%
14%
60
64%
14
21%
52%
12141211,.
63%
8
10%
63%
8%
10%
Friday,
Oct. 23.
14
*%
*14%
*61
17%
17%
*205
*203
*159
*
*53
73%
728i
6%
*
*89
29%
98
*8%
*35
*60
*64
14%
22%
*175
52%
123,8
63%
■8%
10%
14
Sales
o f the
Week,
Shares.
Range o f sales In 1396.
5,045
Lowest.
8% Aug.
%
% Sept.
15%
11% Sept.
63
60 July
1,470 14% Aug.
17=s
2,00 ' 14 % Aug.
17%
205%
58 200 Aug.
204
169 200 Aug.
160
23 149 Aug.
ID
10 Mar.
55
25 52*3 July
74% 19,200 53 % Aug.
16,82
73
60 Aug.
730
4 Aug.
6%
50 14% Aug.
16
142 84*3 Aug.
90
2,8 15 277g Aug.
30
1,001 78 % Aug.
98%
355
9
6% Aug.
35 Aug.
65
50 55 Aug.
80 65 Aug.
65
14%
445
% May
80 • 9 78 Apr.
22%
176
31 170 8ept.
52%
2,588 49% Aug.
12% 45,695
1*4 Jan.
4.997 577g Aug.
64
550
3 Jan.
8%
2,402
9% Aug.
10%
Highest
17% Feb. 24
°8 Feb. 24
44% Jan. 27
70 Jan. 2
19% Apr. 16
19 Apr. 17
217 Jan. 28
209 June 1
171 Feb. 19
12% Mar. 10
56 Feb. 28
82% Apr. 24
79 7s June 17
12 % Jan. 2
30 Jan. 2
97 Feb. 10
38% Jan. 30
109% May 25
12 % Feb. 24
51 Jan. 28
85 Jan. 28
70 Feb. 14
+14 % 8ept. 30
f 21% Sept. 30
179 May 8
54% Apr. 23
U2% Oct. 9
72% May 5
Apr. 21
10
20
May 18
109% 110% 110% 112% 37,061 95% Aug. 8 126% Apr. 21
707 92% Aug. 10 105% June 12
98
98
98
99
350 195 July 29 208 June 18
205% 206
205 206
85
85% 19,869 65 Jan. 7 91% June 15
81% 85%
*2
*2%
817
1% Mar. 7 13% Jan. 31
2%
316 320
Jan. 3 315 Sept. 29
1 2 295
*315 318
*65
70
64 June 18 64 June 18
62
62% 62% *62
-9 0 ' 55% Jan. 20 66 Apr. 2
62
62 8,
27% 28%
1,370 20 Aug. 10 36% Apr. 15
27% 2734 27% 27%
30
30
95 22 Aug. 8 38 Apr. 16
29 7s 3o
722 51% Aug. 10 63 Jan. 31
59% 60
58% 59% *59% 61
27%
28%
970 21 July 16 39% Mar. 13
27% 28%
28%
28%
64
*63
3 0 50 Jan. 8 78 Apr. 14
64
64
65
61%
*44% 43
46
44% 45
255 32 Aug. 31 75 A p r. 15
45
*18
113 15 78 Aug 12 21 M ay 6
18%
18% 19% *18
42
*42
42%
32 38 Aug. 3 46% Feb. 8
41% 41%
42
95
94
94
48 87% Jan. 2d 96 July 17
*93
*93
13% 14
9 Jan. 7 15% June 15
13% 14
13% 13%
8,108
67
67
81%, Jan. 2
853 58% Aug. 1
69
67
427 34% July 16 67 Feb. 17
42
43
41
42
43 % 44%
i% 1% *1% ia» *1% 1% 1 009 1% Aug. 10 2% Feb. 14
made.
t Trust reoei pts, $5 paid. X Trust reo.,all instal. paid.
107% 107% 110% 10938 11050 109% H I
97% 98
96
97% 98
96% 98
202% 202% 202% 203 205
205 206
83% 85
85% 88
1184% 88
83%
2%
2%
*2
2%
2%
2%
318 *315
315 315 *315
106%
96
202
82%
2%
312
27%
27%
*58%
26
*59
*41
*18
42
93
13
67
59%
26
63
42
18%
42
93%
13%
67
1%
*1%
* Bid and
Inactive Stocks.
14
*14
*60
62
17
17
16% 16%
16% 1678 17
17
204 205
205 205
202 203
203% 203%
157 158% 158 158
4
10 *
10
*53
55
70% 73
72% 73%
71%
71
7 l \ 72%
7
6%
6%
7
15
15
90
89
89% 90
29% 30
30
30%
95% 95%
8
8%
9
‘ 8%
64
64
64
65
64
64
64 «■
65
13% 13% *13%
13% 13% *13% 13%
*20% 20% *21
21%
21% 21%
215s
174 id 174** 174 id 174% 175
173
52
51% 52%
51% 5 1 78 51% 51%
n % i i i i 1B l l yi« l l 1O10 11=18
11% 11 ',8
63% 63%
63% 63%
63% 63%
63%
7%
*7%
7%
8
*7
7%
7%
10% 10%
10% 10% 10% 10%
10%
KBld.
Prices oj October 23.
A tlanta & Charlotte (Bali .100
Boston & P rovidence (Bosto .100
Camden & A tlantic p f. (Phila.). 50
50
Catawissa.................
50
1st p refe rre d ...........
Central Ohio................ (Balt.) 50
Chicago & W est Mich. (Bo
.100
100
C onnecticut <fe P ass..
100
Connecticut R iv er___
Consol. T ra ct o f N.J.fi(P)
.100
Delaw are& BoundBr.
100
.100
Flint & Pere M arq...(B o
100
Preferred
...........
. 50
Preferred fi............
50
50
Hunt. & B road T o p ..
50
P referred................
.100
P referred ..................
44
100
Little Sohuvlkill.......... (Phila.) . 50
Maine C e n tra .........(B oston). .100
Mine Hill & 8.H aven .(P hila.).. 50
Neequehoning V a l . . .
50
100
North American C o..
North Pennsylvania.
50
Or.Sh. Line 2d asst.pdf Bo
.100
Pennsylvania & N. W. (P h ila .).. 50
PhllaueL & E rie.........
50
Rntl d ...................... (Bo
100
Preferred.................
100
.100
Preferred.
100
. 50
50
P referred .
.100
West Jersey ................
44
50
West Jersey (feAtlan.
44
50
Western N.Y. & Penn
44
100
Wisconsin Central...(B o st
.100
P referre d ....................
44 100
Worc’st.Nash.&Roch.
44
100
250
25
5
141
240
10
31
r--
56
23%
48%
5
35
128
*61%
28
61% 62
27
27%
29% 29
59
58
58% 59%
*26% 26%
27
28
65
*62
65
65
42
42%
42% 45
18%
18% 18% *18
*41% 42
42
42
93
93
93
93
131% 13
13
13%
67
67
67
67
40
40%
*1%
1%
*i% i *
asked prioes: no sale was
260
52%
40
10
142%
250
23
161%
12%
35
48%
24%
50
10
45
60
132
62
5
83%
15
1
68
2
70
___ ___
_
24%
67%
89
235%
25%
68
90
24,
14i
2%
2
15
119
113
MISCELLANEOUS.
1995
Adjustm ent g. 4s, 1995.
B omm United Gas 1st •'S.
'Priceincludes overdue ooapons.
1
18
4%
4%
2
2
10
1
12%
27
151
30
114
88
•60
25
50
575% 75%
539
39%
^70
75
62
28
Bonds.
A sk.
53
4%
83
14%
Allouez Min’g, asstpd(Pos(
. 25
%
17%
Atlantic Mining.........
44
25
4%
50
Bay State Gas fi.........
44
Boston Land..................
44
10
3%
Centennial M in in g...
44
10
1%
25
1
Fort Wayne E leot.fi..
44
Franklin -Mining____
44
9
25
Frenchm ’n’s Bay I /d .
44
5
%
12
Kearsarge M ining,...
44
25
26%
Osceola M in in g ........
44
25
100 149
Pullman P alace Car.
44
27
Pennsylvania Steel.. (Phila.)..160
100
54
Preferred fi..................
44 100
Quincy Mining. ....... (Boston) . 25 113
r*uiarack M ining___
25
86
100 •25
Water P ow er..............
Westingli. Elee. & M..
so 2343
49
50
Prel., cu m u lative.
Bonds—Boston.
AND BALTIMORE STOCK EXCHANGES.
S h a re P r ic e s — n o t P e r C e n tu m P r ic e s .
Bid.
A sk.
Bonds.
Bid. A sa .
93% ' 94
People’s Trao. m is t certs. 4s..1943
Boston United Gas, 2d m. 5 s ..1939 $ 54
57
112% Perkiom en, 1st se r .,5 s .l9 1 8 , Q—J 10 i |........ .
llll
U 04% 105% Phila.&Erie gen. M. 5g.,1920, A&O
Gen. m ort., 4 g .......... 1920, A&O 102%
95
Plain 4 s..........................1910, J&J § 91
75% 76
Phila & Read, new 4 g., 195a, J&J
§ 98 100
5 97% 99
1st pref. incom e, 5 g, 1958, Feb 1 42% 43%
Debenture 6s......... ...1 8 9 6 , J&D § 96
2d p ref. incom e, 5 g , 1958, Feb. 1 31% 32
99
30%
§ 90
3d p ref. incom e, 6 g , 19 58,Feb. 1 30
91
§ 92
2d, 5s............................ 1933, A&O 117%
95
§ 40
Oonsol. m ort. 7 s .........1911, J&D 124%
41
§ 50
Consol, m ort. 6 g .........1911, J&D
55
UUllOiil XVI vvl , loll, >JO XtJA ! y -£YtVV> $ 50
Im provem entM . 6 g., 1897, A&O 101% 101%
60
C on.M .,5 g.,stam ped,19 22,M&N 162%
55
Det. L a n e .* N ot’ d M. 7 b. 1907, J&J * 50
Terminal 5s, g .........1941, Q.—F. 108% 109
Eastern 1st m ort 6 g .l9 0 6 ,M & 8 .. §119 121
Phil. Wilm. & Balt., 48.1917, A&O
Eree.Elk. & M. V .,lst, 6 b. 1933, end. §122 125
Pitts. C. & St. L., 7 s ....1 9 0 0 , F&A 108%
Unstamped, 1st, 6s, 1933............ §120 122
95
Rochester R ailway, con. 5s ..1 9 3 0
98
70
K.C. C.«fcSpring., 1st, 5g.,1925, A&O § 50
8oh uyl.R .E .8ide,lst5 g.1935, J&D 102%
82
K 0. F .8 .& M . con. 6s, 1928, M&N § 80
Union Terminal 1st 5 s . ......F & A
55
K.C. Mem. & B ir.,lst,2s,1927, M&8 i 50
5110J&J115
K.
C. St. Jo. & C. B „ 7 s .. 1907',
A t l a n t o l k 1907, J&J 115 115%
77
L. Rook & F t S.j 1st, 7s. .1905, J&J § 73
82% 83%
Baltimore Belt, 1st, 5s. 1990, M&N
100
Louis., Ev.&St.L., 1st, 6g .l9 2 6 ,A & 0 § 9 5
Balt. C. Pass. 1st 5 s— 1911, M&N 113%
85
2m., 5—6 g ................. 1936, A&O § 80
Balt. Traction, 1st 5 s.. 1929, M&N 107%
Mar. H. & Ont., 6s____ 1925, A&O §106 107
Exten. & impt. 6 s . ... 1901, M&8 l o l % 102
M exican Central, 4 g . . . 1911, J&J § 65% 664,
15
1st oonsol.incom es, 2 g, non-eum.
164sj No. Balt. D iv., 5 b....... 1942, J&D 106% 107
Baltimore & Ohio 4 g., 1935, A&O 100 I___
7
2d oonsol. inoom es. 3s, non-eum.
8
N. Y .& N .E n g „ 1st, 76,1905, J& J' *117 118 1 Pitts. & Conn., 5 g. ..1 9 2 5 , F&A 109% 110
75
73
Staten Island, 2d, 5 g .1926, J&J
ls t m o r t . 6 s..................1905, J&J *109% 110%
Bal.&Ohio 8. W .,lst,4% g .l99 0, J&J
80
Ogden. & L .C .,C on .6 s...1920,A&O 5 77
CapeF.& Yad.,8er.A .,6g.l916, J&D
Inc. 6 s . . . . .....................
. . 1920 c ____ 15
95
....
Ru tland, 1st,6 s............ 1902,M&N §100% 101% Cent. Ohio, 4% g ............ 1930, M&S
Cent. Pass., 1st 5s ....1 9 3 2 , M&N 108
....
2d, 5s............................18 98,F&A § 90
91
City & Sab., 1st 5 s .........1922, J&D 109%
Chari. Col.& A ug.ext.5s. 1910, J&J 103 106
A t l a n « r i s t hj ^ . ? ^ ^ M & N 102%
Col. & Greenv., 1st 5-6s.l91 7, J&J 104
Buffalo Ry. con. 1st, 5 s.......... 1931 106
95
90
G e o r g ia * A la .,lstp f. 5s.1945, A&O
Catawissa, M .,7 s ___ ..1 9 0 0 , F&A 107% 108
75
73
Ga.Car. <s Nor. 1st 5 g ..l9 2 9 , J&J
Choc. Okla. & Gulf, prior lien 6 s .. 104
Georgia Pac., 1st 5 -6 s...l9 2 2 , J&J 105
73
80
Citizens’ 8t.R y.of lnd.,oon .5s.l933
92% 95
So. & Fla., 1st 5 s.. 1945, J&J
Columb. St. R y „ 1st, con. 5s.. 1932
107 108
Colamb. O, Crosstown, 1st,5s. 1933
6 s................... . . .............1904, J&J 112% 113
Consol. Traot. o f N. J., Ist,5 s.l9 3 3
834, 84
D el. & B ’d Br’k, 1st, 7s. 1905,F&A 120
Series A , 5 s.................. 1926, J&J 110 112
Easton & Am. lstM .,5s. 1920, M&N 106%
4 % s ............................. .1925, A&O
67% 67% Piedm.& Cum., 1st, 5 g .1911, F&A 100 ......
Elec. & People’s Trac. stock, tr. otfs
Elmir. & Wilm., 1st, 6 s .1910, J&J. 120
Pitts. & Connells. 1st 7s. 1898, J&J 104% 105%
Hestonville M. & F., con. 5s.. 1924 i n
106
iuo
Hunt. & Br*d T o p ,C on .5 s.’95,A&O
105% i LiKiliia 1TX1U., lou U8. - Lehigh Nav. 4% s.......... 1914, Q—J ioV %
2d Series, 6 s . . . —......1 9 1 1 M&P 109
2d 6s, gold...................1897, J&D 103%
3d 8eries, 6 s .....« ._ ..1 9 1 o , M&8
General m ort. 4%s, g . 1 9 2 4 ,0 —F 100
4th 8eries, 3-4-5s....... 1921, M&8
99 100
Lehigh V al.Coal Is 15s,g. 1933, J&J
5th Series, 5s........................ 1926,M&S
9441
Vest Va C.& p. 1st, 6 g.1911, J&J 104% 106%
Lehigh V alley, 1st 6 s ... 1898, J&D 104%
| 2d 7s............................. 1910, M&S 127 127\ West’i. N.C. Oonsol. 6 g .1911, J&J 105 106
Oonsol. 6 ...................... 1923, J&D 116%
~?ilm. Col. & Aug., 6 s.. 1910, J&D
MISCELLANEOUS.
Newark Passenger, eon. 5s... 1930 102
North Penn. 1st, 4s___ 1936, WKcN 109%
Jaltimore Water 5 s ... 1916, M&N 120
Funding 5 s .„.• • • .....1916, M&N
Gen. M. 7 s....................1903, J&J 118%
Exchange 3 % s....................1 9 3 0 , J&J
Paterson R ailway, consol. 6 s ........
70
68
Pennsylvania g e n .6 s ,r .. 1910, Var 130*" 132 ' Tirginia (State) 3s, n ew . 1932, J&J
Funded debt, 2-3s....... 1991, J&J
57% 58%
Consol. 6s, c
............ 1905, Var 118
106
Consol. 5s, r .................. 1919, Var 115
113
Gollat. Tr. 4% g .......... 1913, J&D
102%
...1 9 3 9 , J&
Pa. & N. Y . C a n a l,7 s ... d6,J&D 118
5 s ............ ........
104
Con. 5s.......................... 1039 A&O
fi Unlisted.
.
$ Aud aoorued interest.
74j
THE CHRONICLE
October it , 1896. J
NK\V YOBK STOCK E X C HANGE PRICES (Continued) —ACTIVE BONDS OCTOBER -i:{ AND FOR YEAR 1 8 9 6 .
R a il r o a d a n d
MISCELLANEOUS BONDS.
Pange (sales) in 1896.
InCst Oiottng
P n ee 1
Period Oct.23. \ liOiccsl. | Highest.
R a il r o a d an d
M is c e l l a n e o u s B o n d s .
Closing Range (salts) in 1896.
In t’st P rice
Period Oct. 23.
Lowest. Si&ighesL
Amer. Cotton Oil, deb., 8 g . 1900; Q—F 106%b, 102% Aug. 111% Jam
Ami Arbor.—let, 4a, g .........1995 %—J
69 b. 63 Aug.
72 Feb.
A t-T .A S .F .-N e w g e m 4 a .l9 9 5 A A O 75% j 68 % A u g. 81% F eb.
Adjustment 4 s .............. ..1 9 9 5 N ov.
39 % ; 28% A ug
51% Feb.
CoL Midland—Cone.,4 g . l 940 F A A 121 a.|ll6 Sept, 127 Feb.
Atl. A Pam—G oar. 4 s........ 1937 - .......
42 b. 40 Mar.
50 A pr
B,w ajrA 7tliA v.-l8t.eon.g.5s,43 J A D 115% 109% Aug. 117% May
Brooklyn Elev. 1st, 6 g ____1924 A A 0 75
| 71 Sept. 102 Jan.
Union Elevated.—6 g ------1937 51 A N ' 74
| 70 S e p t.'100% Jan
B’ klyu Whrf&VV.H— lst,5s,g.’45 F A A 97%a. 90 Aug. 101 May
Canada Southern.—le t,5 s, 1908 J A J 106%b. 105 Aug. 110% June
2d, 5 s ................................. 1913 M A S| 100%b. 98 Sept. 107 Feb.
Central o l N. J .—Cons.,7s, 1899 Q—J "105 b. [103% Aug. 110% M ar.
Consol.. 7 e ........................1902|M A N ............. 115% F eb. 120 Apr.
General_mortgage, 5 g . . . 1987 J^A J 114
110 Aug. 120 June
M. K. & Texas.—1st, 4s, g.1990 J A D 805a
7 5 4 Aug. 87 Feb.
, 2d,4s, g .............................199 o [F a A
555^
44 Au;
6 3 4 Feb,
Mo. Pao.—l8 t,o o n .,6 g .......1920 M A if
83
78 July
97 Jan,
3d, 7 s................................. 1906 M A N 1 0 04b. 99 Sept. 112 Jan.
Pao. o f M o —lac, ex., 4g,1938 F <fc A
98 b. 98 Oct. 1 0 4 4 June
2d ext. o s ...................... 1938 J & J 102 ; 100 Aug. 106 Apr.
St. L.A Ir.M t.lst ext., 5s. 1897 F A A
99
95 Aug. 1 0 2 4 Jan.
2d, 7 g ........................... 1897 M A N 1 0 1 4
9 7 4 Aug. 1 0 3 4 Apr.
Cairo Ark. A Texas, 7g.l89 7 J A D 102 j
9 9 4 July 1 0 2 * May
Gen. R’y A la n d g r .,5 g .l9 3 1 A & O 7 2 4
68 July
3 1 4 Mar
M obile & Ohio—New 6g ...1 9 2 7 J A D 11 34b. 113 Aug. 1 2 0 4 May
General m ortgage, 4s 1938 51 & 8 64
56 Aug. 6 8 4 Feb.
Nash-Ch. A St.L.—1st, 7s. .1913 J & J 124 b. 125 Sept. 132 June
ConsoL, 5 g ........................1 9 .8 A & 0
97 4a. 93 July 102 Feb
N. Y. Central—Debtext.4s.1905 M A N 102 b. 1 0 0 4 Jan. 1 0 4 4 Sept.
J & J 1164b. 112 Aug. 1 2 0 4 Mar
51 & S 1024b. 1 0 2 4 Aug. 109 Feb.
A u a n em , 7s, reg.,1900 m a n 112 a. 1 1 1 4 May I l l * June
C en tral_______ ____ ___ _____
HH
May
A Ogd., consols, os.1922 A A O 115 b. 115 July 1 1 9 4 Feb.
Chee. A Ohio.—S er.A , 6 g ..l9 0 8 A A 0,'11 4% b.! I l l Aug. 119 July
WestShore, guar., 4 s ....2361 J A J 1 0 3 *
100 Aug. 1 0 7 4 June
Mortgage, 6 g —.......... ...1 9 1 1 A A 0 !'1 1 5 b. 114% Apr. 11s Juue N. Y. Ohio. A St. L.— 4 g . . .1937 A A O 1 0 3 4
9 9 4 Aug. 105 Feb
lstoon e o l.,5 g...................1939 M A N 107
1100 J' uly 1 1 1 * Apr.
N. Y. Lack. A VY.—1st, 6 s ..1921 J A J *1294 b . 120 Aug. 1 3 3 * June
70% j 65 Aug. 7 8 4 Feb.
General 4 % s ,g .................1992 M A 8
Construction, 5 a ............1923 F A A 114 a. 1 1 2 4 Mar.
June
90 Aug. 9 7 4 June N.Y.L. E.AVV.—lst,oon .,7 g.l920 M A S 134 b. 131 Aug. 115
R. A A. Dlv., le to o n ., 4g 1989 A A J 94
140 Feb.
! 75 Aug.
2d con. 4 g ..l9 8 9 J A J 8 2
88 Juue
Long Dock, oonsol., 6 g.1935 A A O 131
131 Oct. 1 3 1 4 Apr.
EUz. Lex. A B ig.S am .5g.190 2 M A 8 95 b. 95 A ug. 10 24 Feb.
N.Y. N. H. A H.—Con. deb. ctfs. A A O 130
127 Sept. 137 Feb.
Chlo. Burl. A G.—Com 7s. 19u3 J A J 115%
110 Aug. 120 June N.Y. Out. A W.—Ref. 4a, g.1992 M A S 85 a. 82 Julv
9 3 4 Feb.
95% I 85 3u,y 10 14 Apr.
Debenture, 5s...................1913 M A N
C on sol- 1st, 5s, g ........ -1 9 3 9 J A D 10 7*b. 102 July 110 Feb.
Convertible 5 t ................. 19C3 M A S| 97
93 Aug. 1014 Feb.
N .Y.SuaA VV. 1st ref.,5s, g.1937 J A J 96
90 J uly 100 Jan.
90%b. 8 7 ‘4 Aug. 9 5 4 Juue
D enver Division 4 s.........1922 F A a
Midland o f N. J., 6s, g.,.19 10 A A O *110 b. 1097q Sept. 118 Mar.
Nebraska Extension, 48.1927 M A N 86 b. . 80 Aug. 9 1 4_____
Feb.
Norf.A VV.—100-year, 5s, g. 1990 J A J
67 Feb.
60 Jan.
Han. A S t. Jos.—Cons.6s.1911 •'! A S1 115 a. 109 4 Sept. 1184 Jau.
No. PaotHo—1st, coup. 6g. 1921 J A J 1 1 3 *
1 0 9 * Aug. 118 Mar.
OUle. A E. III. —1st, s. f. 68.1907 J A D I 1 2 4 b . n o
Aug. 11 74 May
Do. 3. P. M. A Co. certfa.......
110 b. 109 Aug. 1 1 4 4 June
ConsoL 6 g .........................1934 A A O' 122 a. 118 Aug. 127 Juue
General. 26, ooup., 6 g .,1 9 3 3 A A O tlOO
100 Jau. 1115* J’ ne
General consol., 1st 5 s .. 1937.51 A N 9 6 *
9 6 4 Sept. 1024 Apr.
General, 3d, ooup., 6 g .,1 9 3 7 J A D t 68 b. 159 July 8 2 * Mar.
Chicago A Erie.—let, 5g. .1982 51 A N 104
10 14 Aug. 112 Feb.
Consol, mortgage. 5 g . .. 1989 J A D \ 4 8 4
3 1 4 Jau. 15 1 4 Apr
00 b. 82
Sept. 9 3 4 Feb.
Chic. Gas L, A C .—1st,5 g .. 1937 J * J’
Col. tru stgold notes. 69.1896 51 A N t 90
94 Apn
7 6 4 Jau.
J
120 b. 11s# Aug 1324 J uno
Chic. M l!.* St. P.—Con.7s. 1905 J
O t 414
Chic. A N . Pac., 1st. 5 g „1 940 A A U
t 3 5 4 Aug. 148 4 Apr.
J
111 b. 106 Aug. 118 May
1st, Southwest Dlv., 6 s.. 1909 J
Seat. L. S. A E ., lst.,gu.6.1931 F A A
38 a. 136 Mar. 1 4 4 4 Feb.
J 113*
ItO Aug. 118 4 June No. Pao. A Mont.—6 g ........1938 M A S t 35
1st. Su. Minn. Dlv., 6 s.. 1910 •>
t20 Jan. 139 4 Apr.
lst.Ch.A Pae.VV.Dlv.5s. .1921 J
J'ill
b. l—
OS —
Aug. 11 54 June No. Paoitlo Ter. Co—6g ...1 9 3 8 3 A J 104 b. 9 9 * Aug. 1 0 9 4 June
Chic. A Mo. R lv.D lv.,5s.. 1926 J - J 105%b. 102% Aug. I l l June Ohio A Miss.—C on-af., 7 s .1898 J A J 101 b. 100 Aug. 1 0 4 4 May
W ise.A M inn.,D lv ,5 g ... 1921 J A 3; 106 b. 103 Aug. 112% Mar. Ohio Southern—1st, 6 g .,.1 9 2 1 J A D 8 5 4 b . 7 0 4 July
9 4 * Feb.
Term inal, 5 g ..................... 1914 J A 3 112 a. 105 Aug. 114 3uue
General mortgage, 4 g „1 9 2 1 M A N 20
17 Sept. 35 Feb.
Gen. M., 4g., series A. —. 1989 3 A 3; 93%
91% Aug. 98 3uue O regonlm pr.C o.—I s t 6 g ..l9 1 0 J A D * 7 3 4 b . 7 3 4 Oot.
917e Jan.
Mil. A Nor.—xattOon.,60.1913 3 A Di 115%b. 115 Sepu 119 May
Consol., 5 g .................... 1939 A A O
164
t 7 J uly 36 Jan.
Ohio. A N. W .-C o n so l.,7 ». 1915 % - F| 134 b .42 9% Aug. 141 Jam
Ore.R.ANav. Co. '.st, 6 g .l9 0 9 J A J
104 Aug. 1 1 2 4 Juue
Coupon, gold, 7o .............1902 3 A I) I16%b. 115 Aug. 120 May
Consol., 5 g
............... 1925| J A D i 85 b. 190 Jan. 198 Feb.
Sinking tuod, 6s .............1929 A A Oj’ 113 a. 106% Aug. ; 116 Mar. Penn. Co. -4 % g .c o u p .......1921 J A J 109 4b. 10 54 Aug. 1 1 3 * June
Sinking fund. 5s .............1929 A A O "105 b. i104 % Aug. I l l
Mar.
P.C.C.ASt.L.,oou. g u l% . 1942
1 0 3 4 Aug. 1 1 2 4 Feb.
Sinking fu n d ,d ebeo.. 5 s .1933 * A N 107% 104% sept. 111% Apr.
Peo. Deo. A Evansv.—6 g. 1920 J A J 100
9 8 4 July 102 Mar.
25-year debenture, 5 s ... 1909 51 A N 1 0 5 % a .l0 3 3am 107 Apr.
Evans. Division, 6 g ....... 1920 M A 8 100
101 Mar. 101 Mar.
Extension. 4 s ...................1926 F A A '1 0 2 a. 98 Sept. 102% Apr.
2d mortage, 5 g ............... 1926 M A N
26 Mar. 31 Feb.
Ohlc. K.I. A P ac.—6 s.co u p .1 9 l7 3 A J 122 b .;H 9 % A u g . 13» 3uue Phila. A K ead.—G en .,4 g ..l9 5 8 J A J 7 5 *
167 Aug. 18 0 4 June
Extension and ool., 5 s.. .1934 3 A 3 99% ; 94% Aug. 106 Juue
43*
1st pf. m o - 5 g, all lust. pd-’58
1 8 4 Jan. t 4 3 78 Oot.
30-year debenture, 5s. ..1921 *MA S 91
| 87% Sept, i 97% Feb.
t 314
2d pf.luo., 5 g., all Inst. p d.’58
5 * Jan. t 3 2 4 Oct.
Chic. 8L P. 51. A 0 .- 6 8 .- 1 9 3 0 ( 3 A D 123 b.1117 July 1129 May
3d pf.m c., 5 g., all lust. p d.’ 58
i 304
3 4 Jan. *3 0 4 Oot.
C htc.A W .!nd.—Gen.,g.,6s. 1932. % -M
113% 113 Sept. 1118% Feb.
Pittsburg A Western— lg .1 9 1 7
68 b. 64 Aug. 77 Jan.
Cleveland A Canton.—5 s ..1917 3 A 3jt 70 b. t70
Aug. 90 Jam
63 Aug. 7 7 4 Feb.
R ioO r. Western—1st 4 g - 1939 J A
714
Clev. Lor. A WhecL—5 s . ..1933 A A O 104 a. 102
Aug. (107% Mar. St. Jo. A Gr. Island—6 g .,1 9 2 5 M A N t 4 0 4 b . 137 Aug. t51 Jan.
C.O. C. A L —C onsol.7g . . . l u l l J A Di 125 b. 119
Jam 134% May
St. L. A San Fr.—6g . CL B .1906 M A N 1124b. I l l * Jau. 1 1 7 4 Apr.
General consul., 6g ___ 1934 3 A 3 126 a 124
Sept. 127 May
6 g., Class 0 ..................... 1906 M A N -1 1 2 4 b . 108 Aug. 118 A pr
0 0 0 A 8 t.I,.-P e o .A E .,4 s .l9 4 0 A A O 73%1). 60 Aug. | 80 Jam
General mortgage, 6 g . . 1931 J A J 103 b. 1 0 1 4 Jau. 114 June
Incom e, 4 s ...................... 1990 April. | 12 b.| 10 Aug. | 23 Jam
Cons, guar
g............. 1990 A A O *125 b. 23 May
38 Mar
Col. Coal * I r o n -8 g ..........1900 F A A| „ „ 9 4 % Jam |100 Jam
____
St. L,. A So. VC -1st, 4s, g .1 9 6 9 M A N 68 a. 6 0 4 Aug. 76 Feb.
Ool. A 9 th A ve. v s.
x -b5s,
s , g -1 9 9 3 (M A 8| 112% b,109
09 Aug. 115% July i 2d, 4s, g „ inuume............ 1989 J A J
26i
2 3 4 Aug. 32 Feb.
_____________ ____ Con..5g.19.il 51 A »
84%
80 Aug. ! 90 Feb. j! 8t.P.M .AM .—D a k .E x .,6 g .l9 1 0 M A N 114 b. 1 1 3 4 Aug. 1 2 1 4 Mar.
General, 6 g .. . . . . . . .........1904IJ A D 83 b.| 80 Jam
90 Apr.
lsto o u so L ,6 g ................1933 J A J *119 b. 117 Jau. 1 2 4 4 June
D eov .A KioUr.—lst,7 s,g .l9 0 0 ;M A N[* 110% b.: 110% Jam 114 Apr.
100 Aug. 106 June
reduced to 4 4 g .. J A J
lMt ooniKil.. 4 g .................1936 J A J
85 b. 83 Jail.
92 May
Mu'
Montana exteuelou, 4 g.1937 J A D 86 b. 8 4 4 J uue 90 4 Sept.
!>ul. 8o. 8U. A Atl.—5 g ___1937 J A J| 88 b. 92 4 July 98 4 J uue Han. Ant. A A. P .—l8t,4g.,gu .’ 43 J A J
54
45 Aug. 59 Feb.
EjI i-.- i, Kl. ill. — int,oon.ic.58.'95 J A J 1 9 9 4 b . 9 7 * Jan. 105 4 Juue j Ho. Car. A Oa.—1st, 5 g ...l 9 1 9 M A N
97 Apr.
90 b. 93 Jau.
E rl«—*. g, prior bon<i«.... 1996 J A J 8 7 4 b . 83 Aug. 95% Feb.
Ho. Pacific, Ariz. —6 g ... 1909-10 J A J 92 a. 92 Oct.
97 Feb.
<»«o**ral, 3-4e g ............... 199b J A J 1 61
5 4 4 Aug. 67 Apr. I Ho. Pacific. Cai.—6 g . . . 1905-12 A A 0
107 Apr. 112 July
Ft. W. A Lfvnr. City.—6 g .. 1921 J A l> 1 49 b. It -16* Aug. t 7 0 4 Feo.
letoon aoL .g oli:, 5 g .......1937 A A O 86%
86 Sept. 9 2 * Apr.
G aL H .A 6*n.A n-M .*P.D .U t,5i
;,5gM
1 A N, 90 b.| 90 July
Ho. Paoitlo, N. M.- 3 g ___ 1911 J A J 100 b. 1 0 1 4 Jau. 106 Feb.
93 Jan.
G«n. Eleotrle, d«b. 5®, g .. 19’
92:2
a J A D| 89
82 Sept. 93 4 Feb.
Southeru—1st oone. g, 5s. 1991 J A J 84%
76 Aug. 94 4 J une
T. O n t. g©n. ift.g.1921 A A u
K. Tenn. reorg lieu 4-5a. 1938 M A 8
9 3 4 Feb.
6 7 4 a . 67 Sept. 71 Apr.
91 a. 90 Mar.
QllnoU Central.—4 «,g . ...1 9 5 3 M A N 90 b.l 99 Jan. 102 Feb.
E. T. V. A G .—let, 7 g ....l 9 0 0 J A J 1067
.0 6 4 Aug. I l l * June
W«Mt«m Linea. lBt, 4m. g. 1951 F A A 10 J 4-i. 97 Aug. 1 0 3 4 July
Con. 5 g ....... .................1956 M A N 1064b. 00 July 1 0 9 4 Apr
lo t.A u r e a l
—l*»t,6ti.g 1919 M A S 118 u.i 114 July 118 4 Apr.
Georgia Pao. 1st5-6s, g ., 1922 J A J 108 b. 03 Sept. 114 Jan.
3d, 4-.V»........................ . 1909 M A 8
116 May
65 b.i 6 6 4 Aug. 7 7 4 Feb. I Kuoxv. A Ohio 1st 6 s,g.. 1925 J A J 113 b.
121 4 June
Iow a Om traL— l* t ,5 g ___1938 J A i»
Rioh. AD anv. con 6a, g.. 1915 J A J 116
94
| 87 Aug. 98 May
Klngn Ow. Kiev.—1st,5g .. 1925 J A J 40 b. 3 7 4 Sept. 71 Jan.
VVest,No.Uarlstoon. 6a,g 1914 J A J
80 a. .03 Sept. 114 Apr.
Laol*dft G m . - 1st, 5 « ,g ... 1919 4 —F
Tenn. 0 . 1. A R y—Ten. Li.lat, 6g A A O 73 b. 72 Sept. 93 Feb.
9 14b.I 85 Aug. 96 Jau.
Lake Kri© A W m l—5g .. 1937IJ A J 114 4
HO Aug. 1 1 7 4 June I Birmingham Dlv., 6 g .,.1 9 1 7 J A J 80 b. 7 9 * Sept. 95 Feb
91 Apr.
Texas A Pacido—1st, 5 g ..2 0 o o J A D
L. 8bore. -O in ,o p .. 1nt, 7 m. 1900 J A J 111 4 b . 1108 Aug. 115 Jan.
73 Aug.
82%
2 4 4 Feb.
Oooaol. ooup., 2d.
1903 J A i> 1164b. 11 34 Sept. 12 04 Mar.
2drtnoo.ua, 5 g ....... ...2 0 0 0 March
1 3 * Aug.
19%
Lex. A r. A P ar. F. gu. 5*i.g. 1993 M A r' 1 1 3 4
109 Aug. 1154 July Toledo A Ohio Cent.—5 g .. 1935 J A J 106 a. 05 Aug. 1 0 0 4 June
77
Feb.
ToL
8L
L.
A
Kan.
0
.—6
g
...l9
1
b
'J
A
D
Long Ia la u d .-la t o on.,5g. 1931
J .......^..j 117 4 J aril 120 Feb.
65 b. 62 4 Aug.
Union Paoitlo—6 g . .......... 1898'J A J 100 b. 9 9 4 Sept. 107 May
General mortgage, 4g . . 1938 J A D * 90 b. 90 Aug. 98 Jan.
Louie. A N ash .-C on s. 7 « .. 1698 A A <) 1014b.
..................
■ Get. 108 4 Mar.
Ext. sinking fund, 8 .....1 8 9 3 M A H 80 b. 73 Sept. 9 7 4 Feb.
10*14
5 4 * Feb.
N.O A Mobile, 1st, 6 g
l9 J o J A J 110 b. 112 Oct. 119 Feb.
Collateral trust, 4 4. ...1 9 1 8 M A N
.. 48 May
98 Jan.
Gold 6s, ooL trust notes. 1891] F A A 95 a. 9 1 7s May
M
2d. 6 g ... 1930 J A J| 99 b.l 96 Aug. 102 4 May
Kan. P ao.-D en .D iv .,6g . 1899 M A N 90 b. 06 Jan. 1 1 1 4 July
General, 6 g .................... 1930 J A D 111 b. 110 Sept. 1174 Apr.
7 7 4 Feb.
Unified, 4 g ...................... 1940 J A J
15
6
*
Aug.
l
s
t
o
o
n
s
o
L
,
6
g
..........1
9
1
9
M
A
N
74 4
68 4 Aug. 8 0 * Feb.
t 674
Oregon Short Line—6 g . 1922 F A A t l 0 7 4
i 109 Jaa. 115 Apr
Louie, N. A. A Oh.—1st, 6 m 1910 J k .1 103 4b. 1 0 2 4 Sepr. 114 June
70 Feb.
C onsol.,6g. .................... 1910 A A «>
Or.H.L.AUt’hN.—Oon..5gl919
A
A
O
148
July
62 * b .
80
I 74
Aug. 103 Feb.
U .P .D en.AG ulf,oon.,5g.1939 J A D 29 b. 2 5 4 Aug. 407a Apr.
Manhattan oonsol. 4 m____1990 A A i > 92
I 88
Aug. 99 4 Mar.
Metro. Elevated.- l«t, 0g.i9O 8 J A J 116 b. l 1 1 4 Aug. 1204 June U. 8. C ord.—1st ool., 6 g . . . l 9 2 i J A J t 22*8 114 Aug. 3 6 * Feb.
Virginia Mid.—Gen.M., 5s. 1936 M A N 98
8 7 4 Sept. 105 Apr
2 d .6 * ....... .....................1 8 9 9 M A N
104 m [10l Aug. 10S Apr.
99 Aug. 109 Apr.
Wabash—1st, 5 g . . . ....... 1939 M A N
104*
Mich. Cent.—l«t.co n s., 7 m. 1902 M A N 114 4 b . I111 Aug. 119 Jau.
7 7 4 Feb.
2d mortgage, 5 g.......,...1 9 3 9 F A A
Consol., 5 s ...................... 1902 M A N 108 a. 103 July 108 4 Feb.
6 8 b 6 4 4 Aug.
West N. Yl A Pa.—let, 5 g .l9 3 7 J A J 1 0 4 4 100 Aug. 1 0 8 4 tfay
M lJ.l^ «e8h . A W .-lM t,0 g .l9 2 l M A N 128 b. 122 Aug. 132 4 Apr.
Geo. 2-3-4s, g o ld ... . ...1 9 4 3 A A O
41 b. 33 Aug. 4 9 * Feb.
£xten. A frap., 5g .......... 1929 F A A 1094b. 104 Aug. 115 4 May
101 Aug. 1 0 8 4 June
W eatUn.TeL—O oi.tr. 5 s.. 1938 J A J 104
Mlnn.A.8LL.-lMtoon..->M,g.l934 M A S
98 4
96 Aug. 103 4 Apr.
125 Aug. 146 F e b .
Wise. C e n t Co. 1st 5 g ...19371J A J t 35
Mo. k . A E. —1st 5s, g.. go.. 1942 A A o j 8 8 4
Aug. I 94 Feb.
61
N otk —*‘ b indicate* price bid; Ma" price asked; the range is made up from actual sales only.
* Latest price this week,
t Trust receipts.
NEW YORK NTOCK EX C H A N G E PRICES— (Continued ).—IN A C T IV E BONDS -O C T O BE R 23
8BOURTTTES.
Bid.
Ask.
Bid.
Ask.
94
Kallrohd Honda.
t Block Reekange Prices.I
Alabam a M i d . g u a r . . 1928
Atom Topaka A Han Fran —
•JMcawo A St. Lon.—I at, 6* 1915
O il. Mid.
....... ...1 9 3 0
AU. A Pao.—2d w. D., *u. 6a . 1907
WWtarn Dtvtalnn tnonmo .1910
■ s it A Ohio lat.Sa, P »,k B 1919 102
SECURITIES.
90
I ....
B a lt «fc O hio—5s, gold........... 1925
Cons, raort, gold, 5 s .......... .1988
W V*. A Pitts.—1st, F.. 5 s ..1990
100
B. A O. 8. W.. 1st, g., 4 4 s . .. 1990
Monon. River, 1st, g., g, 5 s.. 1919 ........
Cent’l Ohio Reor. —1 s t 4 4 * . 1930 96 I ......
Ak.AOh.Juno.—Ist,g .5s,g u .l930 ......... .....
Brooklyn Elevated—'2 d ,£ * ...1 9 1 5 . . . . . 44
Seaside A B. B .-ls t,g ,5 s .g u . 1942! ........ .........
Br'klvn Rap. Tran.—Gold. 5s. 19451 ....... 1 74
SECURITIES.
Bid.
Ask.
75
Brunswick A W’n—1st, g., 4s. 1938
93
Buff. Rooh. A Pitts.—Gen. 5S..1937
Roch. A P., 1st, 6s............... 1921 119%
Roch. A Pitta.—Cons. 1st,6s. 1922 118 121
Buff. A Susqueh.—1st, 5s, g .1913
Burl. Ceil. Rap. A No. 1st, 5 s .1906 i b i ” 1 0 5 4
Consol. <te oollafc. trust, 5 s.. 1934
99%
Minn. A St. L.—1st, 7s, gu . 1927
Ced. Rap. I. F. A N „ 1st, 6s. 1920
1st. 5 s ........ .......... ............. 1921 . . . . . . . . . . .
THE CHRONICLE.
746
[V ol, LX III,
NET* YOKE STOCK EXCHANGE PBICES.-JW ACTIPX! BONDS—fC ontinvedJ- OCTOBER 2 3 .
SECURITIES,
O. Ohio—Col. A01n.M .lst,4%8.1939
Cent. RR . A, Bank. -C o l. £.58.1937
Cent, o f N. J.—Conv. (leb., 69.1908
Cent Paoiflc—Gold bonds, 6S.1897
Gold bonds, 6a.......................1898
Ban Joaqnin B r., 6 s...............1900
Mort. gold 5 s ..........................1939
Land grant, 5s, g ..................1 9 0 0
E xt. g. 5s, series A B C D ..1898
Cal. A O . D iv., e x t., g. 5 s .-.1918
West. Pactflo—Bonds, 6s— 1899
No. Railway (Cal.)—1st, 6 s .1907
50-year 5 s............................ 1938
0hes. A O.—Par. M. fund, 68.1898
Craig V alley—1st, g ., 5s— 1940
Warm Bpr. V al., 1st, g. 5 s ..1941
Ohes. O. & So. West.—1st 6s, g
'
Bid.
Ask.
SECURITIES.
95
' vane. & Indian.—1st, c o n s ..1926
Flint <fe P. M arquette—
*90
L02
L02
.......
*100
io i
90
*101%
98% 100
Ohio Bnrl. A N or.-
*101
103
*95
1st, H .A D., 7 s___. . .
Fargo A South., 6s, Ai
1no. oonv. sink, fund, i
D akota A Gt. South.,:
Mil. A Nor. main lin e Oaio.ANorw.—30-year d
Esoanaba A L. 8 .1 st, <
Des M. & Minn.—1st, ‘
Iow a Midland—1st, 8s
Mil.
Keokuk A Des M.Ohlo. St. P. & M inn.-
Chio. & West. Mi
Oln Ham. & D .-
O .C .C . & 8t. L .-
W hiteW .Val.Div.-
Indiana B. & W .Ohio tnd.AW .— 1t
C. Col.Cln. A l n d .Cleve. Lorain & W h.8yra. Bing. & N. Y .Morris & Essex—Is
1st, oon., guar.,
YY t f c llO JU — a&IA. I D . . . . . . . . . . . .
D.AH. Can.—Pa. Div. ,ooup.7s
A lbany & Susq —1st, gu.,7a
1st, oons., guar., 6 s.........
Bens. & Bar. 1st, coup., 7s
Denv. Tramway—Cons. 6s, g
M etropol. Ry.—lst.g u . g.6s
Denv. & R. G.—Im p .,g ., 5 s..
Det.M . A M.—L. g. 3%s,ser.A
« . N. Y. & E .B ifl. A S . W .-
Evans. A Terre H aute1st, cons., 6 s . . . .............
Bnl, Co. Br. 1st, g., 5s.......
.........
....... Northern Paciflo—
C. d’ Alene—Gen. ls t ,g ., 6 s ..1938
Cent. Washington—1st,g.,68.1938 *28
Norfolk A South’n—1st, 5s,g. 1941 100
79% Norfolk A West.—
*115
*105
56 "
Im p. & E xt., 6 s . . . . . ..............1934
Pt. Huron D iv.—1st, 5 s ___1938
Fla. Con A Pen.—1st g. 5s___1918
........
“ t. Worth A R. G.—1st g., 5 s ..1928
Gal. Har. A San A nt.—le t, 68.1910 .........
id o "
2d m ort., 7 s ........................... 1905
Ga. Car. A N or.—le t, gu. 5 s ,g .l9 2 9
Grand R ap. A In d .—Gen. 5 s ..1924
Housatonlc—Cons, gold 5s___1937 I 2 i
N .H aven A D erby, C ons.5s..l918
Hous. A T . C.—W aco & N. 7s..1903 125
93
104
*123
*123
123
123
124
.........
106k!
123
105
115%
*104%
*103
105
Springf. D iv.—Coup., 6 s___ 1898
0 . St. L .& N . O.—Ten. 1.,78.1897
......... ........
*116" 120
.......
Chicago & P acific D iv., 6s.
Ask.
.......
Debent. 6s, prin. & int. gtd.1897
Debent. 4s, prin. & int. gtd.1897
.......
114
Illinois Central—1st, g., 4 s... 1951 i'oT%
107%
1st. gold, 3%s ...................... 1951
. . . . . .........
Gold 4 s....................................1952 —
.......
2-10 g., 4 s ...............................1904
Chicago & A lton—8. F „ 6 b.
Chl. Mil. A S t .P .—1st
2 i , 7 3-10s, P. D ...
1st, 7s, $ g., R. D ...
*1st,
“ *I. A
* M .,7
1st, I. A D .;7 s.,
Bid.
95
Ced. Falls & Minn.—1st, 7s. .1907 .......
Ind. D. <fc Spr.—1st 7s, 1906, trust
1243* Ind. Dec. A W.—1st, g., 5s— 1935
125% Ind. Ills. A Iow a.—1st, g, 4 s ..1939
95
82
.........
Int. & G. N’n.— 3d, 4s, g ____ 1921
Kings Co.-F.E I.,lst,5,gr,gn.A .1929
35
*
127*3 Labe Erie & W est.—2d g., 5s. 1941
101
107%
98% 101%
North’ n Ohio—1st, gu. g. 58.1945
125
L. S.& M .Sou.—B.&E.—N e w 7 s .’98 101
Det. M. & T .—1st, 7s .........1906
Labe Shore—D iv. bonds, 7s. 1899 103
Kal. A ll. & G. R .—1st gu. 5s.l938
Mahon’g Coal R R .—1st, 5s. 1934
LehighV.^N.Y.—1st g u.g.4% s.l940 *•
99%
Lehigh Y.Term .—1st gu. 5s,g. 1941 *108
Lehigh V ’y Coal—1st 5s,gu .g.l933
.........
*114 116is Litchf. Car.&W est.—1st 6s. g.1916
Little R oob & M.—1st, 5s, g'..1937
*105
.....
Long Island—
........ 1 2 5 "
1st, 7s ....................................1898 ‘ 105
89
........
Gold' 4 s..... ............................. 1932
N. Y. & R ’w ay B .—1 s t,g. 5s. 1927
96
35
42%
N.Y.&Man. Beach.—1st, 7s, 1897 *101% 102%
.......
N. Y.B.& M .B.—1st con. 5s,g.l9 35
.........
BroobTn&Montaub—lBt,6e.l911 ........ .......
1st, 5 s ..................................1911
‘ 123
No. Shore Br.—1st con.5s,g,1932
‘ 123
Louis. Evans.& St. L.—Con.5s.1939
40
86
27
Louis. & Nash.—Cecil. Br. 78.-1907 105 108
66
E. H . & Nash.—1st 6s, g ___ 1919 110 113%
Pensacoia Division, 6s.........1920 100
97 k
St. Louis D ivision, 1st, 6 s ... 1921
*125% 127 ’
2d, 3 s....................................1980
126
....... . . . . . .
Nasliv. <fe Decatur—1st,7 s .. 1900
S. f.,6s.—S. <fe N. A la.............1910
113%
90
T'ens. & A t.—1st, 6s, g o ld ... 1921 *95
97%
7 ......
%ollat. trust, 5s, g ................1931
90
105% .........
L.&N. & M.&M.—Ist,g.,4% sl945
[> .........
Nash.Flor.&S.—1st, gu., 5s. 1937
......... 90
Kentucby Central—4a, g . . . 1987
86
d ......... 92
i^ou.&Jeft. Bdge Co.—Gu.g,4s. 1945
92% Lou.N. Alb. &Ch.—Gen.m. g.5s. 1940
9 92
40
8 ....... .
Memphis & Chari.—6s, g o ld .. 1924
) * ......... 85
M exican Cent. Consol.—4s, g.1911
L ......... 91
1st, cons, incom e 3s, g .........1939
s .........
M ex. International—l ’s f, 4s,g. 1942
M
exican National—1st, g., 6s. 1927
0 ....... . .........
8 104
......... Miohigan Central—6s..............1909
3
9 .........
4
M ortgage 4 s ........................... 1940
L
Bat.C.&Strgis.—Ist,3s,g.gu .l989
3 ..
Minn.& St. L.—1st, g. 7 s.........1927 *135
104
3 * ....
Iow a E xtension, 1st, 7s.......1909 *119
104
7 * ....... 127
119 125
3 ..
Pacific JSxt.—1st, 68 . .......... 1921 •115
4 .......
M o .K .A T e x,—1st, ext., 5s, g.1944
0 108 i T i "
M o.K.AT.of T ex .lst,gu .5s.g.l9 42
75%
1 109
Kansas City A P .,1st,4 s ,g ..1990
70
5 ____ 140
Dal. A W aco—1st. 5 s ,g u ..,.1940
75% 87%
3 .
Missouri P aoific—Trust 5 s ...1 917
1st ooll,, 58, g ........................192{
1 *137% 138
6 *......... 125
St L.&I. M .-A rb .B r.,1st,78.1895 100
6*111 116% M obile & Ohio—1st ext., 6 s... 1927 *
113
l
1
8 *80
5
7
7
9
3
0
8
0
6
8
9
2
3
.......
*93
103%
*113
*105
*109
100
.....
131
*1015j
100
‘ 101
*100
1 *102
2 .......
3 .......
0 ...
Morgan’s La. A T.—1st, 6s___1920
1st, 7e.......................................1918
NaBh. Cbat. A St. L.—2d, 6 s ..1901
N. O. A. No. E.—Pr. 1., g., 6 s ..1915
20
N . Y. Central.—Deb. g. 4 b___1905 101
N. J. June—Guar. 1st, 4 s ...1980
Beeoh Creek—1st, g o ld ,4 s ..1936
Osw. A Rome—2d, 5s, g.,gu,1915
Utioa A Bl. R iv.—4s, g., gu.1922
115
N. Y . A Put.—1st, g., 4s. gu.1993
95
N. Y. N. H, A H .—1st, re*. I s . 1903
N. Y. A Northern—1st, g. 5 s ..1927 103
...... N. Y. Susq. A West.—2d, 4% s.l937
Gen. m ort., 5s. g .................194C
W ilb.& East.—1st,gtd.,g.5a.l942
Northern Pac.—
105
James R iver Val.—1st, 6 s...1936
SDobane & Pal.—1st. 6s.
_l93r
Bt.Paul A N. P.—Gen., 6s .1923 *119
105%
Helena ARedM ’ n—ist.g ., 6s. 193r
DuluthAManitoba—lBt,g.6sl93t
Dul.AMan Dak.Div.—Ist6s.l931
78
—
Ooeur d’Alene—1st, 6s, g old. 191(
103
67
85
SECURITIES.
Md. & Wash. D iv.—Ist,g .5s.l9 41
Scioto Val. & N. E.—1st,4s,.1989
Ohio & Miss.—
Ohio R iver R R .—1st, 5s.......... 1936
Gen, g.,5s . . . . ....... ................ 1937
Omaha A St. Louis.—1st, 4 s.. 1937
Oregon A Califor.—1st, 5s, g.1927
Oreg. R y A N av.—C ol.tr. g..5s,1919
Penn-P.C.C.ASt.L.Cn.g.4%sA1940
P .C .& S .L.-Ist,c.,7s................1901
Pitts. Ft. W. & C.—1st, 7 s... 1912
2d, 7 s .................................. 1912
3d, 7 s ....................................1912
Oh.St.L.&P.—1st,o o n .5 s,g ...1932
Clev. & P .—Cons., s. fd ., 7 s .1900
Gen. 4%s, g., “ A ............ 1942
Bt. L.V. & T. H .—1st, 6s., 7 s .1897
2d. 7 s....................................18S8
2d, guar., 7s........................ 1898
Gd.R ,& I.E xt.—1st,4%s,G.g. 1941
Peoria & Pek. Union—1st, 6s .1921
Pitts. O ev e. A Tol.—1st, 6s. ..1922
Pitts. A L. Er.—2 d g . 5s, “ A ” . 1928
Pitts. Mo. K. A Y .—1st 6s____1932
Pitts. Painsv. A F.—1st, 5 s ...1 916
Pitts. Shan. A L .E .—1st,g .,5 s .1940
Bid.
Ask.
82
101
103
*96
35
*60
103
.......
106
is o "
*113%
101»8 102
‘ 100
101
110
70
87
*
87%
Pitts. & West.—M. 5s, g.1891-1941
Pitts. Y ’gst’n&A.—1st, 5s,con .1927
Rio Grande So.—1st, g., 5 s ... 1940
65
Kan. C. & Omaha—1st, 5s. .1927
St. L. A. & T. H .—Term. 5 s ..1914
105
Chi.St.L.&Pad.—1st,gd.g.5s 1917 102
St. Louis So.—1st, gd. g. 48.1931
do
2d in c om e,5 s.1931
Car. & 8haw t.—1st g. 4 s ....1 9 3 2
St. L. & S. F.—2d 6s, g „ Cl. A . 1906 * ii2 %
90
1 1st, trust, gold, 5 s . . . . ; . . . . . 1987
Kan. City & 8 1st, 6s, g . .. 1916
Ft. 8. & V. B. Bg. -1 s t , 6 s ... 1910 i o i " 105%
Kansas Midland—1st, 4s, g.1937
St. Paul City R y, oon. 5s, g ...l9 3 7
'8 5
St. Paul & Duluth—1 s t ,5 8 .... 1931 111%
*100
St. Paul M inn & M.—1st, 7 s.. 1909 106%
2d m ort., 6 s . . . . . .....................1909
116
Mtnneap. U nion—1st 6s___1922
Mont. Cen.—1st, guar., 6 s.. 1937 114
1st guar. g. 5 s.....................1937
East. Minn., 1st div. 1st 5s. 1908 100%
W,-1u ar&SiouxF.—1st, g,5s.l93*i
San Fran. & N. P.—1st, g., 5s.l919
Sav.Fl.&West. —1st, con. g .6s.l9 34
Soutuern—Ala. Cent., 1st 6 s .1918
A tl. & Char.—1st, pref., 7 s.. 1897
Colum. & Green.—1st, 5-6S.1916
E. Tenn. V. A G a .-D iv is.5 s 1930 108
Rioh.A Dan.—E q. s. f. g. 5s. 1906
Deben. 5s, sta m p ed .........1927 *88
Y ir’ a Mid.—Serial ser.A, 6s. 1906
Series C, 6s..........................191b
Series D , 4-5s . . . . . . . . . . . . . 1 9 2 1
Wash.O.&W.—1st our.gu.4s.1924
Ter. As’n o f St. L.—1st, 4% s.l939
1st, oon. g. 58..............1894-1944
St.L.Mcr.Br. Term .,g.5s,gu..1930
Texas &New Orleans—
Sabine Division, 1st, 6 s....... 1912
Consol. 5s, g ..............1 943
Tex. A P ac., E. D.—1st, g. 6S.1905
Third Avenue (N.Y).—1st 5s, 1937
T.AO.O.—Kan. A M., M ort. 4 s.l9 9 0
Tol. Peo. A West.—1st, g., 4 s .1917
Ulster A Del.—1st, oon.,6.,5 s .1928
Union Pacific—1st, 6s............. 1891
1st, 6 s...................................... 1897
is ti 6 s..................................... 1899
102%
92
106
119%
*
70
West. Va. C. A Pitts.—1st, 68.191)
Wheel.AL.E.—1st. 5s, g o l d ...1926
Wls. Cent, incom e 5 i ..............1937
99
101%
*100
*100
Collateral Trust, 5 s..............1907
Kansas Paolfio—1st 6s, g ...l 8 9 5
90
1st, 6s, g ....... ................... ..1 896
90
C. Br. U P . - F . o., 7 s.......... 1895
Atoh. Col. A Pao.—1st, 6 s ...1905 *27
Atoh. J. Co. A W.—1st, 6s. ..1 905
29
U .P .L in . A Col.—1st,g.,5s. 1918
Utah A N orth —1st, 7s........ 1908 103
Utah Southern—Gen., 7s ..1 909
Exten., 1st, 7 s.......... .......1909
V alley R ’y Co. o f O.—Oon. 68.1921
ab ash—~
Debenture, Ser. A ............... 1939
Debenture, Series B ............ 1939
Det. A Ohio. E xt. 1st, 5s, g.,19 40
St L.K .C .A N .-S t.C .B dge6s.l908
West N.Y.& Pa.,gen.g. 2-3-4s,1943
78
35
62
62
21
*90
102
*41
*11%
___
22%
96
97
1-------
* No prioe Friday; these are the latest quotations made this weak. F o r r llse e U a n e o U H a u d U n l i s t e d B o n d s —See 3d page preceding
O c to ber 34, 1896.]
747
THE CHRONICLE.
Investment
R oads .
Latest Gross Earnings,
TVeekor Mol
1896.
1895.
Jan, 1 to Latest Date,
1896.
1895.
I
|
jg
J
gj>
$
S ' S f , 0 ? August
! 254,180' 239,317 1,765,978 2,001,751
Illinois Central. Septemb'r. 1,917,361 1,729.091 14,962,131 14,106,801
Iud.Dec.&W eat. 1st wk Oct.
8,353
8,966
345,910
351,285
Ind. 111. & Iowa. August__‘
55,4 28
63,835
511.707
502,335
Ia.& G t. North'll 2d wit Oct ! 94,970
80,240, 2,490,033 2.421,423
llnteroc. (Mex.) \VltOot. 3 ! 51,500
41,20
1,74", 191 1,758.485
a C en tral... 2d wk OctJ
38,588
44,172 1,374,583 1,247,595
The following table shows the gross earnings of United Iow
Iron Railw ay. .jSeptemb’r.'
2,517
33,754
4,150
36,879
8t»tes railroads (and also a few Mexican and Canadian roads) Jack. T. & K. W .Septem b'r.
22 314
235,274
19,607
300,783
for the latest period reported. The statement includes every Kanawha&Mieli 2d wk Oct
7,873
9,026
350.471
337,812
82.441
steam road from which regular weekly or monthly returns K.C.P.Soott AM.l2d wk Oct
91,054 3,386,158 3,427,536
KX’.Mem A Bir.|2d wk Oct.
29.503
23,552
865,268
776,019
can be obtained. The first two columns of figures give the Kan. C. N. W — Septemb'r.
21,074
194.057
21,005
173,037
gross earnings for the latest week or month, and the last two
Kan.C.&Beat. Septemb'r.
430
451
3,296
3,794
V. Pitts.
G ..Oct.
2d Awk
columns the earnings for the calendar year from January 1 to K .
17,197
570,v*62
12,106
402,125
Kan.C. Sub. Belt 2d wk Oct.
4,600
4 ,s 05
27e,306
and inlcuding such latest week or month.
223,469
Keokuk & West. Istw k Oct.
7,031
8,996
303,099
276,781
The returns o f the street railways are not included in this L. Erie All & So. Septemb’r.
4.386
6,473
42,384
57.576
table, but are brought together separately on a subsequent page L. Erie & West. 2d wk Oct.
66.876
73,423 2,649,435 2,713,430
Lehigh & H ud.. Septemb’r.
31.871
32.631
295.505
323.950
L ex’gton& East. August___
Latest Grots Earnings
14.325
Jan. 1 to Latest Date.
19.999
138.877
136,109
Long Island . . . . Septemb'r. 388,246 4u0,021 3,091.956 3,184,526
R oads.
Week or Mo
1896.
Los
Ang. Term. Septemb’r.
1896.
1895.
1895.
6.147
9,982
68,781
121, 03
Louis.Ev.&St.L. 2d wk Oct.
30.176
37,416 1,184,899
Louisv.&Nashv. d wk Oct. 440.525 433,7*25 15,551,163 1,130,086
$
8
8
i
Adirondack___ August___j
20,866 20,252 128,746 131.214 Louis.N. A.& Ch. 3d wk Sept 58.404 73,785 2,209,409 15,065,153
2,272,642
34.892
Ala. Ot. South.. 2d wk Oct.
40,169 1,122,639 1,178,537 Lou.H en.ASt.L. 2d wk Oct.
9,440
9,199
36 ,652
329,946
Ala. Midland ... Ju ly.......... | 46,772
5,299
56,758
350,908
5.163
42,095
294,478 Macon & B irm .. Septemb’r.
50,727
M auistique....... Septemb’r.
Ala. N. O.Tex. A , Pac. June.
11.,45
8.164
101,725
104,298
47,000
N. Orl. A N. E. 4th wkSep.l
42,200
30.181
926,238
27.539
925,659 Memnhis&Chas. 2d wk Oct.
Ala. A Vicksb.Utb wkSep.
23.800
20,300
35 ,600 ; Mexican Cent.. 2d wk Oct, 194,936 2 LI,631 7,764,395 7,253,318
388,485
Virks. Sh. A P. 1th wkScp.
23.300
24.4* m.)
207,510 212.902 1,965,153 1,704,959
887,0&o
303 211 M exican Iuter’l.'August. .
Allegheny Val.. August---- j 212,830 238,885 1,568,734 1,632,567 :.Wex. National |2d wk Oct. 111,857
89,192 3,937,355 3,3^4,974
Ann Arl»or........ 2d wk Oct.
24,181
53,331
22,742
894.491
64,315
531,838
863.S98 Mex. N orth e rn A u g u st .. .
462,920
Ark. Midland... August---- 1
0,fc85
71.055
7,523
60.294
51,633 2,435,302 2,497,765
56.792 : Mexican R ’ way Wk Oot. 3
A tch. T. A 8. Fe. August.
2.491.941 2,374.89 i 18,234,717 17,807,0^5 M exican S o.......[4thwkSep.
14,201
9,880
402,881
361,284
Atlanta A* Char August. ...f 133,117 138,344
7,247
960,169
3,749
992,874 Middle Ga.AAti. A u g u st.. .
Atlanta A W. p., August---„
4o,
M inneap.&st.L. 2d wk Oct.
5 0 .171
35,862
52,3 5 1,532,666 1,479,818
Atlan. A Danv. 2d wk Oct.
12,628
95.871 102,791 2,840,884 2,165,186
12,689
425,415
423.477 M.St.P.&S.St.M. 2d wk Oct.
Atlantic A Pac. 4tb wkSep.
72,84 3
6 8 ,* 86 2,613,437 2.597,562 Mo. Kau. A Tex.l2»i wk Oct. 288,715
310,939 8,791,511 8,506,264
Angusta bout’u |August___
M
o.Pac.&IrouM
;2d
wk
Oct.
6.454
449.000
498.00c 16.763.000 17,033,220
4,185
44,494
30,024
Ceutral B r’ch .lid wk Oct,
Austin A N’ west August___
16,000
21,66» 21,972 163,1*0 157,239
11,000 580,00c 432,947
Balt.Che*.A Atl. Septemb’r. j 47.500
465.000 509,000 17.343.000 17,460,167
377,809
60.600
386,679 __ T p t a l..........2d wk Oot.
Mobile & Birm.. 2d wk Oct.
Balt. A Ohio.
Septemb’r. 2,227,810 132,500
10,491
7.384
239,793
213,823
Bal. AO. Sou'w 2d wk Oct. 118,829 138,437 4,738,029 4,989,373 3Iobile & Ohio. leptemb’r. 314,756 271,937 2,583,516 2.366,495
Bangor A Aroost August___| 52,820
75.273 108.777
443,421
831,065
56,008
468,149 Mont. A M ex.Glf Septemb’ r.
923.028
Bath A Bun'XUUjJuly..........
1,857
2,268
13,016 Nash.Ch.A Sr.L. Septemb’r. 435,022 429,556 3,693,605 3,451,057
12,348
Bir. A Atlantic. Septemb’r.
2.503
2,967
1,883
21.056
16,454
2.427
14,600 Nevada Central. August___
17,682
Nev.C’yNar.Ggc A p ru .........
Brooklyn Kiev. |8ek Stull r R ailw A T LIST.
7,985
8,075
29,366
27,910
Brtinsw'kAWest July..........1
46,004
52,598
141,408
352,309
289,593 N. Jersey & N.Y. J u n e .........
159,203
Buff.Roeh.APlttr-M wk Oct.
74,155
53.6711 2,584,411 2,35 ,678 N.Y.C. & H. R . Septemb’r. 3,968,492 3,973,263 32,406,464 31,930,991
Buffalo A susq. iAugust___
49.65-1
74,474
79, k12 2,998,1-9 l 2,h70,364
256,152 N. V. Out. & W . 2d wk Oot
321.732
45.903
Bur.C. Rap. A S'. 2d wk Oct. 110, 57 138.951 3,4 9,056 3.106.775 N.Y.Susq, & W .. Septemb’r. 214,162 183,065 1.625,023 1,641,540
Canadian Pacifi- 2d wk Oct.I 440,00*
512.000115,445,712 13,592,538 Norfolk Sc West. 2d wk Oot. 228,111 239.726 8,717,216 7,252,922
Septum b*r.
Car. Midland
7,759
4.709
3,841
37.391
34,734 Northes’ n (G a.). August___
6,341
42,028
32,071
Cent, o f Georgia August___ 382,741 394,196 3,150,340 2.994.776 North’n Central August___ 516,396 578.072 3,965.188 4,12. ,268
Central o f N. J August___ 1,163,196 1,277.399 8,105,145 8,326,702 North’u Pacific. 2d wk Oct. 535,457 607,771 14,069,204 13,835,863
Central Pacific. August___ 1.169,913 1,260,445 7,899,524 8,318.354 Oconee & West A ugust___
2.653
2,753
2 ‘ ,266
16,635
Chari. Cl. A sut. August___
4,939
18,834
18,445
772,422
4.259
37,498
29.665 Ohio R iver........ 2d wk Oct.
654,103
Charlest’ nASav.
32,875
16.187
14,715
131,935
340.835 OhioRiv.&Chas Septem b’r.
37,478
356,828
131.028
Che*. A Ohio___ 2d wk Oct. 212,457 201,925 7.981,470 7,476,004 Ohio S outhern.. Septemb’r.
57,6'io
66,651
542 128
534.992
Che*. O. & 8o.W July
178.572 190.818 1,282,553 1,295,484 Oregon Imp. Co. August___ 304.883 214.531 2,182,320 2,139,429
Chic. Bur. A 6 . d August...... 3,114,260 3,23 .147 21,459, 35 20,552,797 Oreg.K y.& N av. Septemb’r. 464,329 453,178
Chic. A East. 111. 2d wk Oct.I
82,300
89.157 2,962,830 2,913,820 Pacific Mad....... August___ 328,546 347,455 2,610,960 2.954.558
Chic. O t West’ll 2d wk Oct J 103,2n7 10 ,08i 8,689.212 3.042,871 Pennsylvania. August___ 5,320,761 6,085.961 40 884,831 41,060.131
Chie.Mll. A 8 tP . 2d wk Oct. 740,416 836,407 24.036,85* 22.233,822 Peoria Dec.&£v. 2d wk Oct.
18.873
20.889
672.801
706.326
Chlo. A N’thw’n. September. 2,843.064 3.2 1.430 23,94^,178 22,020,655 Petersburg........ A ugust___
35.576
45.947
380.923
362 061
Chic. A No. Pac. |August___;
70.459
426.417 452,415 2.709,068 2,685,715
65,110
543,18
504,347 Plrila. A Erie___ August___
Chlc.P* o.ASt.L 2d wk Oct.
20,211
708,48'
22.05P
719,700 Phil a. A K e a i .. A ugust___ 1.755.709 1,900.41 13 023,741 13 525.138
Coal A Ir.C o.. August___ 1.593.222 1,960,140 13 997,421 14 302 373
1,53 ,030 11,3 0,97 10,935,413
Tot. both Co’s. August___ 3,348.931 3,866.557 27,021.162 27 827.511
Chic 8t.P M.aO. August ...! 679,632 701.064 4.704,943 4,132,820
Chic. A W. Mich. 2d wk Oct.!
34,3 0
59,407
71,607
447,999
34,817 1,286,422 1,353,507 Ph. Read. A N.E. August___
492,988
ltts.C.C.ASt.L. Septemb’r. 1,154,098 1,432,987 10,839,146 11,127,219
Ols.Qa. Sc Ports.iScptcnib’r.
5.6:
45,733
0,5 21
4 k,817
Cln.Jack A Mac 2d wk Oct.
13,6
3.759
3.751
31 743
562.311
14,004
4s7,141 Pilts.Llsb.AW ’11 Septemb’r.
31.694
10,037
Cln.N.O. Sc T. P. Septemb’r. 283,0*
12,500
504,009
340.600 2,477.027 2,605.355 Pitts. Sh. & L .E . 2d wk Oct.
482.113
31,895
37.476 1,313,467 1,343.873
201,422
On. Port*. A V. Septemb’r.
26,0*
28.527
199, -01 Pittsb. A Wes’ n. 2d wk Oct.
Pitts. Cl. A Tol. 2d wk Oct.
19.954
14.028
592.0. 0
Clev.Cau.A8o 2d wk Oct.
17,4;
•02 586
553.195
520,054
13,-81
Pitts. Pa. A E . 2d wk Oct.
7,977
Cl.Cln.Ch.A8t L 2d wk Oct. 241.6
8,083
311.965
294.997 10,101,219 10,877,158
276 165
T
oial
system..
2d
wk
Oct.
53.000
Peo. A Esst’ n. August____ 140,6<
65.513 2,247,076 2,381,021
17*,424 1,147,175 1.280,417
35.063 1,051,072 1,1«*4, 00 Pitt Young.A A. Septemb’r. 114.137 178 472 1,092.477 1,287.707
Cl.Lor. A Wheel. 2d wk Oct.
22,3(
25 440
221,036
155,195 1,'•‘ 78,533 1,245,238 Ouincy O.m K.C. Septemb’r.
Col. Midland. . . .-Septemb’r. 154,4:
26.358
189.854
46.076
54,938
488,582
Col. FL V. A Tol. August___ 196.6*
257,335 1,624,435 1,550,337 Klch.Fr'ksb.Ap. A ugust---496,540
Rich.
A
Petersb.
A
ugust___
25.620
235,652
29 831
Ool. Sand’y A H. 1st wk Oct
10,71
220 670
644.549
19.089
020,330
Colusa A Lake. Septemb'r.
2, (
8,428
10,133
357.232
321,395
1..0U
13,191
13,077 Kio Gr. South'n. 2u wk Oct.
50.2OO
Crystai.............. A ugust....
71
58,700 1,812,93c 1,828,162
5,091 Rio Gr*de West, 2d wk Oct.
1,196
8,708
9.792
8.848
70,962
CumbTd Valley'August
8O.0i
73,988
91.940
543,719
538.207 bag. Tuscola AH. August___
6.294
3.546’
Denv. A Rio tir. 2d wk Oct. 14 ,04
183,100 5,649,413 5,506,060 St.L.Ken’etASo. Septemb’r.
D ee M. A Kan.( 1 s t wk Oct.
2,2<
2.303
s 0,932
72. 47 St. L.ASun ’ ’ an. A ugust___ 529.037 537.827! 3,947,880 3,773,718
125,700 125,670 3 54e,0O2 3,720,477
Do*. M. N. A W .. Septemb’r.
44,4.*
44,611
326.959
262,608 St.L. Southwest 2J wk Oct.
Pet. .LansVA>o .2d wk Oct.
23,12
903,824 St. Paul A Dul., Septemb’r. 1G'L ’ 94 170.707 1,065.923 1,072 311
24,224
905,348
San
Aut.
A
A.
P.
August___
Dot.A Mackina* August___| 2*>.0i:
220.631
155.672 1,102,505 1,172,736
34.220
318.047
200, ^68
561,802
09,827
613,141
PuluthS.s.AAtl 2d wk Oct.
30.0c
79,678
42,013 1,» 00,153 1,411,090 San Fran. AN.P. Septemb’r.
234,521 285,519 1,999,981 1,989,291
ElglnJol.AEast. Septemb’r.'
99,92
90.096
909.133
800,009 Sav. FLa.ecWest. Ju ly ..........
13.241
11,273
189,005
225,167
2,8*0.48" 10,‘•21,846 19,234,528 Sher.Shrev.&so. 4th wkSep.
Eureka Springs [July..........
5.869
38.403 Seab’rd A ir Line August___ 2.43,004 244,562
8.246
35.883
14,121
Evaus.Alnd'pli-. 2d wk Oct.
13,594
5,108
231.542 Sil. Hprs. O. A G. J u ly ..........
6,888
228,607
Evans. A Rich 2d wk Oct.
0.500
10.195
2,123
2 698
92,080
87,395 S ilv e rto n .......... Septemb’r.
20,570
Evans v. Sc T. H . 2d wk O cl.
3,763
15,198
2,988
2 1.924
830.270 Ho. Haven A East Septemb’r.
23.050
828,209
Fitchburg.......... August___I 629.559 658.117 4,7 2.724 4,675,608 So. Pacific Co.
G a l.ilar.A 8.A A u g u st.... 431.650 387,854 3,169,175 2,920,117
Flint. A P Marq i'-’d wk Oct.
47,482
64 ,-81 2,050,270 1.959 708
Louitt’u. West. August___
680.210
70877
74,349
567.532
Fla.Gent.JkPen.|2d wk Oct.
34.594
33,738 1,581,527 1,50 *,79o
M org*n’»LAT. A ugust___ 354.080 425,817 2,984 149 3,569 397
Ft.W 'thA D-*a.c. August
I 68.392
053,403
73,629
560.618
N
.Y
.T
.
A
Mex.
147,836
33,529
19,351
144,054
A
ugust___
33.909
Ft. W. A Rio Or. ecptem b’r.
31,059
223.849
250,897
Tex. A N . Orl.. A ugust___ 117.967 134 590
858.008 1.053,337
852
Oads. Sc Att. U fluptemb'r.
885
8.001
0,505
Atl.
P
rop'tes.^
JA
u
gut___
^10790361
/1
3
2
6
0
2
7
/1
3
3
4
6
I
4
/'9.868,483
52.221
Georgia KK.......4th wkBep.l
865,224
37.352 1,057.978
Pacific system August___ 2,829.249 3. 83 266 20 3 1 8 ,. 17 20,713.651
Georgia A A la .. 2d wk Oot.f
22,066
3 8,989
13.030
035,338
Total o f all.c! August___ 4.155,270 4.417 880 30,187,200 31.504,012
G a Car'la A No. August___
00,806
52.872
535,-41
421,’108
So. Pac. o f CaL1A ugust___ 858,265 990,964 6,499,604 6.718,°»96
Geo, Bo. A F la .. jSepteinb’r.
595.158
73.228
60.348
653,138
So.Pac.ofAriz.
August___
150.360 161.482 1,466,154 1,437,916
Gr. Rap. A lud , 2*1 wk Oct.
34.768
39,745' 1,550, 111. 1,639,872
693 916
743,915
So. Pac.ofN.M. |August___
85,593
80 666
6,341
Cln.K. A Ft.W. 2d wk Oct.
350.466
8,966
317,504
Northern
R
y
..!A
u
g
u
st___
207.291 1,382,897 1,244 611
219.712
35,778
791'
Traverse City 2d w* Oct.
631!
37.713
2,171
M u-. O. R. A I 2d wk Oct.
1,042!
98,712
95.805 Southern R y .. *2d wk Oct. 439,026 443,076 14,167,835 13,968.300
168,372
273,401
27,140
44,86l|
51,234 2.004,041 2 ,1 2 2 ,*>20 Spok.F’l« a. Nor J August___
Tot. all llue* 2d wk O ct.1 44,061
657,493
663.* >42
144,559 151,697
Grand Trunk . 2d wk O cr.1 434.483 407,719 14,358.983 13,891,092 Staten LRap.Tr. J u ly ..........
21,568
20.786
SlouyCl.
A
c.M
t.
J
u
ly
.........
9,503
9.327,
Chic. A o r . Tr. 2d wk (let.
00,057
2,455,623 3,162,478
03,4801
758.651
616,583
79.852
01.052
lM .G r .ll 4M 2d wk Oct.
23,117,
22,2*9
745,861 791,187 Summit Branch. A u g u st...
447.846
565
425
55.587
L>k.
Val.
>
oal.
A
ugust___
56 907j
2,706,
C la Wag. A Mae 2d wk Oct.
3,167
............
............
T ot'l both Co's A ugu st__
117,959 135,439 1,182,0 8 1,206,497
T o L M Mu-k 2d wk Out.
2,118
1.860
............
............
182,226
179,397
12.507
Texas Central.. j4th wkSop.
0,438,
Great North’ n—
St. P M. A M Septemb’ r. 1,782,313! 1,758.117 10,790,660 9,365,063 Texas A Paoillo. 2ti wk Oct. 176,204 171.010 4,691,893 4.840,155
12,620
17,508
3.009
Tex.S.
Val
AN.
V
V
May..........
2.5641
East of Minn.. September. 229r550 197,792 1,321,760,
992,785
26.5SO 1,392,590 1,370.772
38,142
M on tan a O ot. Septemb’ r
15 k,337 137,650 1,143,700 1,119,235 Tol.AOhioCent. 2d wk Oct.
763.756
24.540
756,169
Tol.
P.
Sc
West..
2d
wk
Oct.
24,553,
Tot. synteno. Septemb’ r. 2,170.200 2,093,850 13,556.180111,477,683
48.897 1,655.430 1,429,248
47,689,
2,840
28,801
29,211 Tol. St L .A K .C . 2d wk Oct.
168.665
171,468
Ulster A Delaw. J u n e ........
CFlf B’mnt.vK.C. Hu|,ten»b’r.
9.532
7,891
66.938
49,180
U. Pac, D. A Q .. J A ugu st... . 215,509 238,283 1,912.866 1,924,142
n*’- Ton > * i Beniemh'r.
3,742
4.9Q.V
33,686'
32,164
AND
Railroad intelligence.
RAILROAD
EARNINGS.
THE CHRONICLE
748
Latest Gross Earnings
R o ads .
Week or
1896.
1895.
Jan. 1 to Latest Date.
1896.
1895.
LVol . l x i i i .
F or the first w eek o f O ctober ou r final statem en t covers
78 roads, and sh ow s 3*83 per ce n t loss in th e a ggre
gate.
$
*
3
3
Union P acific—
Un. Pao. RR . A ugust___ 1,316,698 1.209,587 8.726.04? 8,816,107
1st week o f October.
1896.
Decrease.
1895.
Increase.
Or.S.I.. A O. N A ugust----- 477,848 462.- 04 3,525,618 3,281,964
37o.368
410,859
61,048
8t.J08.AGd.IsJ A ugu st---64.181
63.13 4
*
*
9.6» 8
42.822
Xan.C.&Oin A ugust___
6,151
$
*
525 478
4 m6,341 Prev’ ly reported (65 r’ds 7,211.115 7,525,843
19,060
227.895
15,945
Tot.St.J.A G .I. Itb wkSep.
512,623
SoutlTn
16,381
12.179
16,000
4,202
1L,0<>0
5 0,863
432.948 ; Cleve. Canton
Uent.Br.........a 2d wk Oct.
| Col. 8andusky & Hock’ g.
16.750
19,089
2,339
Aoh.Col.AP. (
202,40170,394 i D hs Monies iV Kan. City.
31,323
24.193
A oh.J.C .A W s A u g u s t....
•2,262
2,303
41
72,6 ‘5
472.863
357,044 Fla. Cent. P eninsular..
41,553
Cen.Br.&L’dL, A ugust----52,423
39,473
2,0c0
Grand
Troutt
of
Canada.
14.065,563
13
631.697
2,05-,487
1,893,801
Gr’ d total. “ t :A ugust—
Chic. * Gr. Trunk........
60.285
2d wk Oct. 253,497 299,9 >7 9,500, 30 9,782,837
59.300
985
Wabash. .. .
Det. Gr. Haven <fc Mil..
22,233
22,0 30
137,047
18,807
17,092
203
W aco <fe N orth s A ugu st___
132,184
Oln. Sag & M ackiaao...
__ . . . .
2,286
3,151
. . . . ..
W. Jersey &8ea’e A ugu st___ 425,314
865
Tol. Sag.
Muskegon.
2,23 ?
1.7 o8
W V.Cen.&Piui Septem b’r. 100,1 Oo 103,101
531
8,353
8.966
31,371
3ft,3 6
223,208
West Va.<fc Pitts J u ly ..........
613
207,681 Indiana Decatur <& West.
Interoceanio (<Mex.)........
51,500
41.29 >
10,300
42,562
4 5.766
Western o f Ala A ugu st___
Kan. City Ft. 8. v Mem.
83.801
67,000
68 ,cOO 2,372,o3
2,566,33
88,478
4,974
West. N.Y. & Pa 2d wk Oct.
30,421
1,055,562 1,034, 01 Kan. C. Mem. & Birm___
24,448
5,923
22,327
32.17*
Wheel. & L. E r l 2d wk Oct.
7.031
Wisconsin Cent 2d wk Oct.
91,163 104,2 2 3,408,071 3,480,147 Keokuk <fe Western..........
8,996
1,965
W rlehtsv.ATen J u n e .........
5,045
5 174
44,769
38,263
7,555,911 7,857,217
Total 78 r o a d s i..« ..
252,119
6,903
Y ork .Southern. A ugust___
6,3 1
553.425
301,306
- Figures given do not inolnde Oregou Ry. <fe Nav., Un. Pao. D en ver& Net decrease <3*33 n c .
G olf, Denver Leadville <fe Gunnison, M ontana Union and Leavenw orth
Topeka & South veatern. a These figures include results on eased lines.
t>Includes earnings from ferries, etc., not given separately. I M exi
Net Earnings ttoutlilf to Latest Dates.— T h e fo llo w in g
can viurrenov. c Inolndes on ly half o f lines in w hich U nion P acific has
a half interest.
show s th e gross a n d n et ea rn in g s to la test dates o f a ll Ste a m
cl lucludes operations o f the Ohio. Burlington & Northern in b o t h
railroads fu rn ish in g m o n th ly statem en ts. T h e co m p ila tio n
years.
$ Covers results for lines directly operated east o f Pittsburg.
includes ev ery roa d fr o m w h ich w e ca n g e t retu rn s o f th is
€ Includes results on affiliated lines.
/C o v e r s besides the AtUatio System the Houstoa & T exas Central.
character and in th at fo r m is g iv e n o n ce a m ou th . E a rly r e
Austin & Northwestern, Central Texas os North eastern and Ft. Worth
turns art published fr o m w eek to w eek , as soon as issued, b u t
& New Orleans.^
Latest ttross Earnings by Weeks.— T he latest w e e k ly ea rn
in gs in th e fo re g o in g are separately su m m ed u p as fo llo w s :
F or the second w eek o f O ctober ou r p relim in a ry statem ent
covers 74 roads, and show s 6*58 per ce n t loss in th e a ggreg a te
ov e r th e sam e w eek last y ea r.
2d week o f October.
1896.
1895.
West. N. Y. & P enusylv.
Wheeling <fe Lake E rie...
Wisconsin Central..........
*
34,892
24.131
12,628
118,825
7 4 .1-5
116,757
44t).00< ’
2 2.457
82.300
1"3.267
740.416
20,211
34,350
13,623
17,4*7
244,672
22, 67
141,600
23,133
30,635
5,108
2.123
21,u24
47,482
34,594
22,066
34,758
6,841
79 i
2,171
434,483
63,480
23,117
2,766
2,118
94,9Y«
38,5s8
7,873
82,441
29,563
17,197
4.600
6i5,8.6
3 o,176
9,440
440,525
30,181
104,936
111,857
50.171
95,871
288,718
449,000
16.000
10,491
74,474
2 2 8 ,1 1 i
535,457
18,445
18.873
10.037
53,900
8,42«
50,200
125,700
439,026
176.2 >1
38.142
24.o53
47.689
253.4*7
67,000
2 *,327
91,16*
**
40,169
22,742
12,689
138,437
53.671
138,951
512.000
201,925
89.157
106.084
838,407
22,959
34,81 7
14,004
13,581
294.997
35.063
183. loO
24,224
42.013
6,883
2,698
23,650
54.281
33,738
13,03*'
39,745
8,966
63 i
1,942
407,719
60,057
22.4. 9
3,167
1.866
80,240
4 4, 72
9 ,-2 6
91, 54
28,552
12,106
4, S05
73,423
37,416
9,199
438,725
27,5 i9
21 ,6 3 1
89,19 2
52,385
102.791
3 0.939
498, 00
11,0*>0
7,384
79,812
239,726
607,771
18,834
20,889
12,500
65,513
10,133
58,700
125,670
443,076
171.6LO
26,580
24.54 48.897
299.91
68,600
32, *70
104,232
Total (74 r oad s)...........
Net decrease (6-58 p. o.).
7,563,372
............
Alabama Gt. S outhern...
add Arbor-------- - ------Balt. & Ohio Southwest..
Buffalo Roch. & Pittsb’g.
Burl. Ced. Rap. & North.
Canadian Paoitic..............
Chicago & East. Illinois.
Chicago Great Western..
Chicago Milw. & St. Paul
Chic. Peoria & St. Louis.
Chic. & West M ichigan...
Cln. Jackson & Mackinaw
Cleve. Canton <fe South’ n .
Clev. Oin. Chic. & St. L ..
Clov. Lorain & Wheeling
Denver & Rio G rande...
Detroit Lans’ e A North’n
Duluth So. 8hore & Atl
Bvansv. & Indianapolis
Evansv. & Richm ond___
Evansv.
Terre H aute..
Fitnt & Pere Marquett *
Fla. Cent. & Peninsular.
Grand Rapids<teIndiana.
Cincinnati R. & Ft. W ..
Musk. Gr. Rap. & Ind .
Grand Trunk o f CanadaChicago vSt Gr’d Trunk.
Det. Gr. Hav. & Milw..
Cin. Sag. & Mack..........
Tol. Sag. & Musk...........
Intern’l Gt. North’n . ..
Kanawha A M ichigan___
Kan. ©ity Ft. 8. & Mem..
Kan. City Mem. &, Birm.
Kan. City Pittsb. <fc Gulf.
Kan. City Suburb. B elt...
Louisv. Evansv. <fe 8t. L
Louisville H eud.A St. L..
Louisville & N asb vilie...
Memphis & Charleston..
Mexican Central..............
M exican National.........
Minneapolis A St. Louis.
Minn. St. P. «&8. 8. M ....
Mo. Pacific & Ir< i M t___
Central B ranch.. ........
Mobile & B irm ingham ...
Blew York Ont. «ft West’n
N orfolk & Western..........
Northern P acific..............
P eoria Dec. & E v a n s v ...
Pitts. Slien. & L. Erie___
Rio Grande Southern___
R io Grande Western___
8t. Louis Southwestern..
Texas <fc Pacitio. ....... .
Toledo <fe Ohio C e n tra l...
Toledo P eoria & West’n ..
Tol. St. L. & Kan. C ity ..
8,096,37b
Increase.
s
1,389
20.484
___
i o ’,532
3,85b
856
8,986
160
2 .9
26,761
3,423
9o8
252
14,73b
1,011
5,091
2\
1,800
2,642
22.665
” 5,000
3,107
30
4,591
11,562
13
............
150,322
Decrease.
3
5,277
61
19,612
22,194
72,000
6,857
2.817
95 991
2,748
467
381
50,325
12,696
41,500
1,091
11,378
1,780
575
1,726
6,799
4,987
2,625
401
” 5,584
1,153
8,613
205
6,547
7,240
16,695
2,214
6,920
22,424
49,000
5,338
11,615
72,314
389
2.016
2 463
11,613
1,705
8,500
" 4 ,0 5 0
1 208
46,420
1,60
9,843
13,069
682,826
532,504
fo r tht con v en ien ce o f o u r readers a ll th e roads m a k in g r e
turns art b rou gh t tog eth er here in th e w eek iu w h ich w e p u b
lish ou i m o n th ly a rticle on n et ea rn in gs— say on or a b ou t th e
20th o f the m on th .
The returns o f the street railways we give by themselves
under a separate head at the extreme end o f these tabulations
—see page 751.
-S e t Earnings.
-Gross JSamings.1896.
1895.
1896.
1895.
Roads.
$
$
$
$
Adirondack ..............Aug.
20,866
20,252
9,954
8,449
128,746
Jan. 1 to Aug, 3 1 ----131,214
40,108
42,848
A labam aGt.South.a.Aug.
123.440
136,964
37,159
43,591
9*0,022
193,959
■Tan. 1 to Aug. 31 ...
962.003
250,096
2 47,519
July 1 to A ug. 31 ...
263,831
71,827
83,593
46,772
Alabam a M id la n d ...Ju ly
54,758 def.1,111
12,550
350,908
Jan. 1 to July 3 1 . . . .
294,473
36,343
3.359
212,830
238,885
85,045
Allegheny V alley— Aug.
96,955
Jan. 1 to Aug. 3 1 ___ 1,568,734 1,632,567
556,315
651.583
Arkansas M idland...Aug.
6.635
7,5 23
1,923 def. 1,017
56,294
Jan. 1 to Aug. 3 1 ___
56,792 def. 1,129
17,668
A tch is'n T op A S F .bA ug. 2,491,941 2,374,892
72J.852
401,756
Jan. 1 to Aug. 3 1 ___18,234.717 17,897,075 4,664,789 2,895,904
July 1 to Aug. 31 . . .
4.644,4^2 4,414,299 1,231,941
596,764
Atlanta & W. P oin t. Aug.
40,499
35,862
12,462
11,153
Atlantic & Danville. Aug.
41,901
44.045
10,755
6,655
Jan. 1 to Aug. 3 1 ___
349,628
356,227
76,892
73,837
July 1 to Aug 3 1 ....
81,374
92,961
16,805
19,147
Atlantic & P a c ific ... Aug.
226,263 271,041
42,462
1,682
Jan. 1 to Aug. 3 1 ....
2,367,593 2,363,511
480 848
205,467
July 1 to Aug. 31 . . .
484,098 551,002
97,245
12,340
Augusta S outhern... Aug.
6,454
4,185
2,500
353
Jan. 1 to Aug. 3 1 ....
41,494
30,024
13,172
2,806
Austin A Northw ...A u g.
21,669
21,972
7.699
8,027
Jan. 1 to Aug. 31 . . .
183,170 157.239
46,714
49,602
Balt. Ohio & Southw. Aug.
525,159
592,215
161,795
235,872
Jan. 1 to Aug. 3 1 ,...
3,982,453 4,108,734 1,16.5,512 1,439.538
Ju ly 1 to Aug. 31 . . .
1,016,297 1,111,466
293,091
416,516
B angor & Aroostooii. Aug.
52,820
56,003
18,493
19,572
Jan. I to Aug. 3 1 ....
443,421
468,149
160.953
148.596
Bath A H am m onds..July
1,957
2,258
28
798
Jau 1 to July 31 . . .
12.343
13,016
1,203
4,113
Birm. A A tla u tio.b..A u g.
2,116
2,530
718
546
Jan. 1 to Aug. 3 1 ....
13,951
12,263
def.670 det.2,094
July 1 to Aug. 3 1 ___
3,548
4,160
t>47
380
Brooklyn E levated—See Street Railw ays.
Brunswick & West ..J u ly
52,513
46,064
20,689
11,357
Jan. 1 to July 31 . . .
352,509
289,593
115,706
48,382
Butt. Koch. A Pitts, b Aug.
296,965
275,015
87,047
92,356
Jan. 1 to Aug. 31 . . . 2,153,043 1,932,851
687,344
529.789
Ju ly 1 to Aug. 3 1 ....
610,292
566,731
207,218
198,086
Buffalo A Susqueh’a. Aug.
49,654
45,963
27,557
23.050
Jan. 1 to Aug. 3 1 ....
321,732
256,152
137,823
100,090
Ju ly 1 to A ug. 31 . . .
91,227
82,174
46,361
34,924
Burl. tied. R. A N o.a Aug.
347,748 395.547
17,228
117,668
Jau. 1 to s.ug. 3 1 ....
2,776,616 2,427,457
745,294
699,970
Canadian Paeitlo..a.A ug.
1,887,435 1,675,363
814,861
647,377
Jan. 1 to Aug. 3 1 ....1 2 ,8 4 2 ,7 1 2 10,775,140 4,623.033 3,744,228
Carolina M idland__ Aug,
5,022
4,664
2,335
1,347
Jan. 1 to Aug. 3 L ....
34,869
28.393
11,028
5.581
July 1 to Aug. 3 1 ....
12,515
12,501
6,870
6,044
Cent, of Georgia, a.A u g .
382,741
394,196
117,381
121,593
Jan. 1 to Aug. 31 . . . 3,150,346 2,994,775
838,886
465,254
Ju ly 1 to Aug. 3 1 ....
745.398
793,316
227, 91
241,547
Central of N. J .a ....A u g .
1,163.196 1,277,399
492,413
568,826
Jau. 1 to Aug. 3 1 ....
8,105,145 8,326,702 2,852,552 3,216,018
Central Paoitic. b ---- Aug.
1,169.913 1,260,445
521.044
539,424
Jau. 1 to Aug. 3 4 ....
7,899,524 8,318,354 2,831,885 2,961,122
Char. Cleu. A Sutton. Aug.
4,939
4,259
2,614
2,272
Jau. 1 to Aug. 3 1 ....
37,498
29,665
18,175
17,084
Char. A S avau nah . .July
32,875
37,478
2,126 def.1,248
Jan. 1 to July 31 . . .
356,828
340,835
94,926
76,728
Giles. A O liio.a
...A u g .
862,258
866,747
303,184
2 -2 .8 6 2
Jau. 1 to Aug. 3 1 . . . .
6,718,974 6 ,2 4 0 .6 i 4 2,126,672 1,975,547
Ju ly 1 to Aug. 3 1 ___ l ,7 o 2 ,3 l l 1,646,788
594,714
545,016
Ohes. O. A So’ w u ___July
178,572 196,848
39,551
57,212
THE CHKONICLE.
October 24, 1896, J
,---- Gross Earnings.-----v
1896.
1895.
Hoads.
$
$
Chic. Burl. & Quin, to*Aug. 3,114,266 3,232,147
Jan. i to Aujf. 31....21,459,735 20,552,797
Chic. & E ist Illinois. July
309,23L 312,576
Ohio. M. A St. P.a...Au<. 2.524.366 2,682,986
Jan. 1 to A ns( 31 ..19,684397 17.492,5 >4
5,070,592 4,952,226
July 1 to Aug-. 31
70,459
65.110
Chicago & Nor. Pao.Aug.
Jan. 1 to Aug 3 1 .—
543,137
504347
31,931
76,570
Chie. Peo. & St. L ... Aug.
145311
July 1 to Aug. 31___
156,135
Chic, A West Mien. Aug.
173.986
172,118
J sb , l to Aug. 31. >2. 1,052, 80 1 , 1 0 4,043
66,065
61.363
Ctn. J'aok. & via<ih.b Aug.
399,345
466,111
Jan, 1 to Aug. 3 1 ....
320,391
Cio.K. OrL *& Tex:. P. Aug.
265,500
Jan. I to Aug. 3 1 .... 2,194.627 2,321,755
27,890
O n . Puns. & Vir. b .. Aug.
22,331
171,834
Jan, 1 to Aug. 31___
175,420
51,027
J u ly ! to Aug 31—
41,578
70,051
Cievt% Canton A So.. Aug.
61,693
438,53 1
Jan. 1 to Aug. 3 1 ..-.
4 5 5 , <88
133,873
Juiy 1 to Aug. 3 1 ...,
127,957
Clev.Cln.C.A St. L.a AUg. 1,1*20,960 1,292,294
Jan. 1 to Aug. 31 ... 8 ,5 il, 51 9 .048,636
July l to Aug. 31 ... 2,189,114 2,451.428
Peoria & Bust*a.a. Aug,
140,605
178,424
Jan. I to Aug. 3 1 .... 1,147,175 1,210,417
341,415
July l to Aug. 31 . . . 277.008
159,272
d e v . Lor, & Wheel...July
119,962
737,484
Jan. 1 to July 81—
810,547
181,429
Colorado Midland.... Aug.
138,568
Jan. 1 to Aug. 3 U ... 1,224,103 1,090 043
189.100
CoLHoofe.Vui.Jk f.b .h in e
198,000
J io . i to June JO.—. 1,223,888 1,0 5,92 4
100,854
74.853
Col. Sun. St Huelt...... Aug.
538.179
Jau 1 to vug, 3 1 . . .
5> 1, i'H
19-8,119
July 5 to Aug. -31....
151,125
1,198
762
Crystal...___. . . . . . . . Aug.
5,091
Jan. i to Aug. 3 1 ....
8,703
91. *40
Cumheriaod Vtlley.. Aug.
80,803
538.207
Jan. 1 to Aug. 31 . . .
543,7 9
663.370
1M&* A B- Uraooe.b. Aug, 624,458
Jan, 1 to Aug-31 . . . 4,715,8 3 4,511.160
July 1 to Aug. 3 1 .... 1,246,834
7,975
8,506
Moines M K., C.. July
64.871
Jmi. l to July 3 i . . . .
49,840
37,721
3 >A i l
I>m> Moines No. A W AUg.
2-2, 07
217, *97
Jan. 1 to vug, 31 ...
110,127
1 2 5 ,7 6 4
Bet* Laus. St N o r.a . A tig.
733.758
7 >5.9 45
Jan. 1 to A«g 3 -,..*
25.0-0
31,226
Detroit A MaclCo.a. Aug,
20 *,568
31L 047
J an. I to Aug. 8 i . ..
73,519
59,8 45
July 1 to Aug. -31 —
88,720
114,485
Elgin Joliet A E.a Aug.
889, >03
709.973
Jan. 1 to Aug- 3 1 ....
170.759
210.224
July 1 to Aug. i t ...
Erie.......................... Ang. 2,68 ,666 2,816.480
Jan. I to Aug. 31 ...19*821,**6 19,234*528
Dec. I to Aug. 31 ..23,34 ’.574 21,467,838
Eureka Springs ....J u ly
5,889
8,248
Jan. i to July 3 1 ....
35,383
38,403
Flint A Per* Mar«j.a Aug.
204 754
221,241
Jan, 1 to Aug. 3 1 . . . 1,7*8,901 1,646,137
Ft. W, A Daily* Cny.Aug,
68,312
73,829
Jan. i to Aog. i t ...
568,618
653,401
Ft. Worth A Bio Gr. Aug.
19.279
21,330
Jan. 1 to A ig. 31 . . .
180,940
2.19,838
OadjuieaA Att. 0o..8wpL
852
-885
Jan. 1 to Sept. 30 ...
8.061
6,505
Gheorgia.
Aug,
112,489
93,845
Jan. l to Attft. -31....... 909. 36
753.038
July 1 to Aug.
205.517
180,682
Ceergti* A Alab a,.a'j.§e|>L
94,476
48,8*57
Ja&. 1 to 8*01.39,..- §592,000 4340,994
July l to Sept. 3 0 ,... §240,77-8 ■;125,398
0a. South* A F i. d . Aa*.
74*101
86,7 8 L
* Jan i to AUg. 31 .... 575, UO
523,810
July I to Aug. 3 1 ....
154,068
142,301
Gd, Sapid* ‘k l r»d ... . Aug.
2 26. >56
260,719
Jan* 1 to Aug. 31 ... 1,710,>0 2 1,7*1.2>2
Gr.Trurjk of i'mmdm Aug. 1,613.222 1,04 l ,991
Jar,. \ to Aug. U .1 1 ,5 9,954 11,220,358
Chic. A Or. Trunk Aug.
238,712 265,375
Jan. 1 to Aug. 31 .
2 ,0 7-.~ -t 1,799,518
Dot. tir. H. A MiL.. Aug.
90,319 103,341
Jan, I to' Aug, 31. - , .
6t7 ,220 647,014
Sul! M C h i c a g o A u g .
3,447
3,735
Jan. t to Aug. 31___
24,451
28,371
Umtmm’f nti. A Wiliis, Aug,
4,800
5,288
ItoilSt. A P©X. Cent.- Aug.
254,180 239,317
Net Earnings.-
1S96.
1895.
$
1,320 651 1,346,366
7,291,054 6,902,474
130,243
127,596
845,763 1,021,634
6,709,450 6,716.180
1,668,626 1,758,62 s
50,175
43,705
370,950
347.561
26.535
9,898
46,281
21,406
42.701
53,278
187,319
176,272
17,315
16,942
53,429
63,729
85.2 22
43,540
515,0 *4
620.613
2,604
7.8 >7
19. to 4
31*149
12,019
5,857
21,021
13.320
93317
91,938
33,734
20,728
290,235
365,935
1,991.5 >8 2,200.473
006.143
538,048
•16.909
31,153
330.562
256,760
88,23 >
59,78l
55.702
31,050
216.925
228,917
45,010
7367
343,324
294,782
66,605
76,507
347,5 3
483,524
3 2.320
20,789
$
b 838-0
37,226
74
707
30,72)
159.283
251.557
1,976325
510,913
804
18,101
5 314
86,575
24,007
108,277
6,406
11 v,35L
19.141
39,011
235,105
68.410
862,187
5,178,352
5,784391
3.619
13,170
55.870
429.980
14,418
57356
6,971
51.075
345
3,853
30,675
g'207, >54
«r19,965
38,424
§174,655
§85,210
28,713
130,2 >3
57,818
88,248
313,8 8
409,067
3,309396
5,816
184,313
18,537
59,178
088
1,486
2,142
81,757
283,036
419,013
Illinois Central a..Aug.
1*655,8611,640*086
3,393,035
Jan. 1 to vug. i t .... 13,044,76712,37 7,710
745.329
July t to Aug. 31 . . . 3,305,455 3,148,722
tmA fteitA Wftit.ftJBlH
37,198
31,542
79.075
Jan. I to Him 3 0 ....
22 >,137
215.898
7,053
Indiana IIS. A Iowa-. Aug.
55,428 03,035
131.7 73
Jan. 1 to Aug. 3t .Z
5 tt,7 0 ? 504,335
13,582
July i to Aug. 3 1 ....
104,744 110,901
37.200
Iowa Central. *».. ...A ug.
129,0 8 142,899
393,027
99 7,091
Jan, 1 to 4t*g. 31___ 1,153,402
74,131
July 1 to Aug 31 .. .
249,980 285.191
207
Iron Kall way ,h.
A«g .
3,197
W *
3,086
Jan. t to Ang. Ai •*.•*
31.1-47 32729
July 1 to Aug. 3 1 ..* ,
Jack. Tam. A E, V.^.-vpL
Jftft. t to S pt. 30
Apr, l to ie p t. 30 *•*,
K&nmw&m M Mle-h.l»..A«g,
J»n. 1 to Aug. 3 1 ...,
July 1 to A «g. 3 1 ....
Kan. o. Ft* B. m M.m, *MK>
Jan, 1 to Aug. 41.**.
Jtiiy 1 to A «g.
8,91-3
22.314
7,432
19,6 >7
689
def.2.237
9,547
235.174 3 *H ,n 3
8,621
145,341 140,801
8,090
3 5 .-7 6
37,453
3->3.780
2-0#9 09.^23
14.911
73,759
73,737
121,004
3 7 0 ,0 1 1 433.700
891,-85
2,*’ 81,97 >2 ,-9 ». *3
237,092
745,398 707,902
72*25*6
663
1,113
42,763
16 2.124
237.110
1,904,0 J
581.556
3,354
7,9*3
14,081
64,468
32,183
157.401
10,849
112,759
23.402
27.563
240,9 73
53,501
772,710
4,546,120
5,047,9 2
5.213
18,>01
61.4 U
409, >38
6.39 L
1*8,692
5.09 i
57,525
549
3.875
14,196
£94,076
£29.407
14,759
§23,019
§18,089
25,424
146,4 3 2
749
—Gross Earnings.---- ------- Net Earnings.-----1896.
1895.
1896.
1895.
Roads.
$
$
$
$
Kan. C. Mem. <&B .a . Aug.
89,106
82.705
21,597
5.867
Jan, 1 to Aug. 31 ....
639,216
710,503
125,198
56,655
July 1 to Aug, 31 ...
172,209
160,552
41,263
10,458
Keokuk <fcWesfc'n - 6 .. July
26,462
28,45 i
4,788
6,036
Jan. 1 to July 31 —
227,379
185,683
85,086
43,463
L. Erie AIL & So. a ..Aug.
3,717
6,327
239
def. 36
Jao. 1 to Aug. 31__
37,998
51,103
1,798
1,974
272.289
Lake Erie Jr West. b. Aug,
320.485
115,433
184,991
Jan. 1 to Aug. 3 l ___ 2,248,557 2,277,004
949,401
99S.201
Lexington A East’ n..Aug.
11,325
19,999
3,376
4,363
Jan. 1 to Aug. 31___
138,877
136,109
43,594
46,472
Louise. Ey , <fe St. L.b Apr.
123,283
113,774
35,505
20,674
Jan. 1 to Apr. 3 ) ...
481,643
432,162
1 1 2 ,6 6 6
78,411
Louisv. <fe Nashv.h.Aug. 1 ,650,788 1,727,160
460,517
578,502
Jan. 1 to Aug. 31 ...12,«49,018 12,499,219 3,961,580 4,080,100
July 1 to Aug. 3 1 .... 3,278.388 3,410,102
960.516 1,168,516
12,556
Louisy.Hend.Jc St.L.Aug.
46,903
42,009
18,973
Jan. 1 to vug. 3 1 .... 308,995
271,089
79,261
51,853
Louisv. N. A. & C.a . Jane 283,184
232,581
106,806
128,146
44H,5i9
459,307
Jan. 1 to June 3 0 .... 1,541.068 1,473,009
996,104
July l to June 3 0 .... 3,231,973 3 , 0 6 7 ,0 15 1,111,584
Macon & R i r m i n g . Aug.
4.S o
5.015
def.2,155 def.l, 508
77
Jan. 1 to Alls. SI ...
35.706
4%5S4 def 8,3 1 1
July l to Au>?. 31 . .
8,665
10,120 d e l 4,0 53 def.2,76 3
7,6>6
13,812
15,074
Manistiqite,...............Aug.
11,444
49,834
Jati. 1 to Aug. 3 1 - .93,180
96,131
57,826
14,220
Memphis A OhRs’ n .. Ana.
1 ’ .7 0 S
107,305
18,656
102,322
Jan. 1 to iu t . 3 1 ....
782,671
712,915
25,442
26,303
26,484
Julv 1 to Ail? 3 1 --..
186,533
191,432
306,024
Mexican Central__ An*.
833,623
770,115
293,448
Jan. I to A u g .ll— 6,533,0*4 6,103,755 2,335,733 2,490,678
7 2,046
Mex. International.. Aug,
2 0 7 ,5 10
212.902
81,147
735,251
678,331
Jaa. 1 to Aug. 31 — 1,965,153 1,701,959
Mexican National... Aug.
433.789
368,037 C210.933 e l 68,823
Jan. 1 to Aug, 31— 3,259,190 2,875,946 c l , 459,129 e l , 281,470
Mexican Northern,.. Aug,
53.331
61,315
27,051
37,229
fun. 1 to Aug. 31—
531.838
462,920
233,35 5
246,297
Middle Sa. & Atl— Aug.
7,217
3,749
2,6B7
739
H an. A St. Louis— Aug,
170,116
191.811
77,538
83,985
Jail. 1 to Vug. 31 ..1 ,22 5 .0 2 8 1,180,854
445,728
487,382
July 1 to Ana. 31—
327,753
347,304 131,380
141,758
MlBn. 3t,P.&8.Sti)M.Allg.
285,775
217,299 103,152
94,153
J i. 1 . 1 to Ail it 31 . . . 2,280.656
1,566,199 866,106
401,756
Mobile <&Rinii'guum Vuit.
22,812
20,249
1,211 def.l,837
Jan, 1 to Aug. 31—
175,2 )0
169,811
6,214 def. 10,218
Mobile & OHIO..........l u f .
275,337
250,812
82,297
77,613
Jao, 1 to Amt. 31___ 2,268,760 2,094.558
666.188
b0l,085
July 1 lo Ane. 31 ...
513,596
496,069 161,838
148,888
Slab Ch. A St, L.b.Sept.
435,032
429,556 183,861
187,831
Jan. t to scut, 30 . . . 3,69 (.60S
3,451, >57 1,319,076 1,405,429
July 1 to Sept. 30 ... 1,251,710
1.2U.924 492. .69 523,309
Nevada Central........Aug.
2 ,9 6 7
1,881
391
43
Jan. 1 to Au.?. 31 ...
21.056
17,682
2,6 >2
189
July 1 to Aug. 31___
6,060
3,958
1,115
123
W. Y. Out. * We*C.a.AUg. 391,928
3 7 1 ,9 0 1 142,327
143,555
Jan. 1 to Auc. 3 l . . „ 2,528,3 58
2,409,300 713,872 668,456
July 1 to Aug. 31 .. .
793,259
730,311 290,139 262,043
V. Y Sue. A West. b.Sept.
214,162
183,065
94.324
75,461
Jan. 1 to Sept. 3 0 - . . 1,625,023
1,641,540 700,379
002,022
July 1 To Sept iO—
593,078
565,918 261,0*4
238,397
Norfolk ,fc West'll.a..Aug,
880,077
847,633 194,734
197,077
Jau. 1 to lug. 31 — . 7,427,045
6,028,454 1,523,032 1,343,487
Northeastern of Ga. Aug,
4,769
3,8 41
2,015
541
J ui. 1 to Ang. 31. .
37,391
32,0)1
11,288
4,467
Noi 111. centra! 6 — Aug.
518,393
578,072 141,032
190.360
Jan. 1 to Aa<. 31 . . . 3,985,188
4,120,268 913,336 I,lo0,9o8
North-rn P tetHc. b May 1.328,*04
1.821.2'» 144,098 309.790
Ian l to Mar 3 1 ..;. 6,241,501 5,825,004 1,613,606 1,579,024
July 1 to May 3 L..., 18,230.784 16,160,622 7,466.799 5,762,318
34,251
Ohio River.l>............Aug.
31.301
92,002
33,093
180,356
Jim. t to Aug. 31 .. .
639,301
521,793
199,173
8,666
Ohio River A'Ilias Mar.
17,729
-f-? ? ?
11,457
Jan. 1 to Mar. 31—
55,078
44,407
13,201
Pennsylvania—
UK ^r or Piott".feETAog. 5,320,761 0,085,961 1,911,915 2,395.515
Jan 1 to A m 3 >..40,8-*4,831 41,060,131 10,907,002 11,600,702
Deo. 510,300
695.700
West of Pitts &B. Aug,
Deo.
Dee. 443,490
320,500
70.403
1 to Aug. 3 1 Dec.
395,672
All lines operated—
Deo. 551,100
498.919
East of Pir.ts isE. Ang.
Dec. 891,500
D ec.!, 214.500
3,277,300
Jan. I to Aug. 3 1 Dec. 383,200
13,189
Deo.
577,400
West of Pitts.AE. Aug,
Deo. 822,000
83.028
Deo. 505,000
Jan. I to Aug, 31 —
Dec. 465,600
20,7 27
18,899
20.113
72,211
69,034
73,062 Peoria Dec. A Bv— July
146,725
12 1,091
Jan. 1 to Jaly 31—
481,701
500,506
79 i
21,360
10,878
35 ,i"6
636 Petersburg............ .Aug.
132,063
157,111
Jan, l to Aug. 3 ! ...
380,923
362,061
2,072
46,355
23,220
July 1 to-Aug 31 ...
78,653
97,765
07,152 Philadelphia A Brieb Aug.
174,090
154,388
426,417
452,415
528,086
725,398
696,510
Jan. 1 to An t. 3 1 - . . 2,7 '9,063 2,63o,7l5
499,209
909,373
819,468
<fe Reading.. Ang 1,755,709 1.906,117
3,823,319 Phila.
te n I t o A t ; 31 ::i3 ,0 2 3 ’, 741 13’, 525,133 5,457,151 5,874,722
902,914
Dec. 1 to vug. 3 1 ___11.356,998 15,077,066 6,272,838 6,179,583
10.4 77
ft,.,I t, iron rv,
An.. I 593 222 1,969,140
63,954 flaf.96,872
72,127
21 244
146.3 >>
35. >67
57.750
Dee, l to Aiisj. 31___ 31,0 / 0, 77o 30,967,6 )5 o,893,ooo
51.002
iZ. i S
^ ifl « %
a
340,593
100.413
174
4,6«9
285
def.3,315
2 s4 0
del. 7, .7*
10,224
61,6.3
15,717
130.635
880,721
235,313
t?
lD llw fJ
3,052
Pitts. Die. A West. ... Aug.
3.815
27,943
Jan. 1 to Aug. 31 . . . 27,984
292,367
Pittsburgh Western.July 235,586
Jan. 1 to July 31---- 1,694,215 1,671,128
178,172
Pitts, Youngs. A A -Sept.
Jau. 1 to Sent. 30 ... 1,092,177 1,287,707
5T.933
Rich, Fred. & Pot...Aug.
46,076
491,540
Jan. 1 to Aug. U . . .
488,532
120,735
July l to Aug. 31—
101,901
2,870,884
M
i ! 2,9f l a i l
def.34
1.179
del. 1,722
95,746
54 1,739
37,701
369,691
11,756
136,965
30,435
def. 117
94,785 _
502,159
87,812
541,320
20,211
166,53,3
46,887
750
THE CHRONICLE.
-Net Earnings.-----Gross Earnings. -----s
1896.
1895.
1896.
1895
*
$
Road*.
6,515
9,424
29,831
25,629
Rich. & Petersburg.. Aug.
67,790
5«,8 1 9
235,652
226.676
Jan. 1 to Aug. 31 —
61,632
57,262
19,897
21,722
July 1 to Aug. 3 1 --..
19,726
24,959
41,955
42,515
R io Grande South, b. Aug.
115,996
125,64L
30 >.030
260,370
Jan. 1 to Aug. 3 1 ___
34,078
43,021
76,897
80,4 21
Ju ly 1 to Aug. 3 1 ----227,999
72.272
90,745
218.323
R io Grande W est.b.. Aug.
520,176
517,898
1,431,062
1,532,930
Jan. I to Aug. 31 —
136,824
169.883
424,596
436,664
July 1 to Aug. 3 1 ----9,792
1,935
1,835
8,348
Sag. Tus. & H uron...A ug.
73,983
5,397
13,431
70,962
Jan. 1 to Aug. 3 1 ....
240,082
232,373
537,327
529.037
St. Louis & San F r... Aug.
Jan. 1 to Aug. 31 — 3,947,880 3,773,718 1,504,7 49 1,422,401
451,842
40J.554
July 1 to Aug. 3 1 ----- 1,029,226 1,011,175
115,2 H
41 ,156
155.672
226 631
San Ant. & Aran. P.. Aug.
277.963
234,270
Jan. 1 to Aug. 31 . ... 1,162, >05 1,172,736
27,994
32.299
69,827
79,678
SanFr. «feN Pao---- Sept.
164.966
196.201
613 141
561,802
Jan. 1 to Sept. 3 0 ....
92,545
103,653
219,189
219,576
Ju ly 1 to Sept 3 0 ----285,519
3 2,895
8 3 ,0 )2
234,521
Say. Fla. & West. b . July
495,190
6 L7,034
Jan. 1 to July 31 . . . 1,999,981 1,939,291
244,562
85,778
41,632
293,604
Seaboard A ir-L ine...A ug.
134.266
78,501
464,018
538,328
July 1 to Aug. 31 . . .
14,121
6,902
4,033
13,594
Silver ?p . Ocala & G. July
4,792
8,101
11,009
8,307
S ilverton..............— Aug.
2,879
1,336
1,450
4 181
South Haven & East. Aug.
12,210
16,897
Jan. 1 to lu g . 3 1 ----Southern P a c ific 187,495
124,872
431,650
387,854
Gal. H. & 8. A n t.b . Aug.
807,640
Jan. 1 to Aug. 3 1 ___ 3,169,175 2,920,117 1,032,682
24,765
27,052
70.877
74,319
Louisiana W est. b .A u g.
203,182
299,-504
567,532
680,216
Jan. 1 to Aug. 3 1 ..
76,227
61,'‘>84
354,080
425,837
M’gan’s L a.& Tex.b Aug.
585.023
717,326
Jan. 1 to Aug. 3 1 .. 2,934,149 3,569,397
20,946
6,437
N .Y .Tex. & M ..b ,. Aug.
33,529
19.354
45,8
29
39,963
144,054
147,836
Jan. 1 to Aug. 3 1 ..
42,447
51,230
117,967
131,590
T exas & N. 0 ..b ..A u g .
261,683
413,705
85 i,008 1,053,137
Jan. 1 to Aug. 3 1 ..
1448,511
1318,4)8
Atlantic Prop. *i|).. Aug 11,326,027 11,334,614
Jan. 1 to Aug. 3 1 ___19,868,483110,790,361 12,476,085 12,8 >0,061
Pacific System b .Aug. 2,829,249 3,083,266 J ,20 2,960 1,244,169
Jan. 1 to Aug. 3 1 ....2 0 ,3 1 8 ,7 1 7 20,713,651 6,757,339 6,606,929
Total o f a l l . b ___ Aug. 4,155,276 4,417,880 1,6 51,4 71 1,592,667
Jan. 1 to Aug. 3 1 ....3 0 ,1 8 7 ,2 0 0 31,504.012 9,233,404 9,496,990
392,992
453,206
So. Pac. of Cal..b- Aug.
858,265
996,964
Jan. 1 to Aug. 31 . . . 6,499,604 6,718,596 2,276.657 2,494,067
8,5 S3
38,785
So P ac.of Ariz’a b. Aug.
150,360
161,482
347.024
393,778
Jan. 1 to Aug. 3 1 .... 1,466,154 1,437,916
32,011
31.710
S c .P a c.o f N. M .b-.A u g.
80,666
85,593
266,518
203,905
Jan. 1 to Aug. 3 1 . . . .
743,915
693,916
114,562
60,662
Northern Rail’y .b .A u g .
219,712
207,291
475,550
193,089
Jan. 1 to Aug 3L — . 1,332,897 1 ,2 4 4 ,6 ,1
420,909
465,335
Southern Railway.a.. Aug. 1,412,002 1,551.554
Jan. 1 to Aug. 3 L ....11,622,429 11,452,822 2,875,0 >6 2,735,113
748,785
817,799
Ju ly 1 to Aug. 3 1 .... 2,865,677 3,052,455
23,537
16,474
27,140
Spokane Falls & No.. Aug.
44,861
151,262
83,833
168,372
Jan. 1 to Aug. 31.......
273,461
151,697
6 5 ,5 )6
Staten I. Rap. T r .b ..J u ly
144,559
81,018
657,493
267,119
243,314
Jan. 1 to July 3 1 ---663,012
9,503
5,886
6,018
Stony Cl. & C. M .. b .. J uly
9,327
7,902
4.07L
Jan. 1 to July 3 1 —
20,766
21,563
79,852 def. 18,075 def.6,915
Summit B ranch.© ...A ug.
61,052
758,65 L def.93,642
64,591
Jan. 1 to Aug. 3 1 ..—
616,583
55,587 def. 15,529 d e p. 14.5 2ft
Lykens Val. Coal.o Aug.
56.907
Jan. 1 to Aug. 3 1
565,425
447,846
9,065 def.34,234
Total both Co’s.© ..A ng. 117,959
135,439 def.33,604 d e f.2 1,4 41
Jan. 1 to Aug 3 1 ___ 1,182,008 1,206,49 7 def.89,577
30.307
17,033
def.48 3
1,526
Texas Central ........July
16,868
Jan. 1 to July 3 1 .—
127,297
133,146
9,823
28,553
Tex. Sab. V. & N . W ..M ay
2,564
690
3,009
1,148
Jan. 1 to May 31___
12,620
2,634
6,218
17,503
26,207
Toledo&OhioCent. b Aug. 13°,511
62,792
186,195
3 2 5 ,'0 4
Jan. 1 to Aug. 3L___ 1,170,653 1,135,835
310,089
66.411
July 1 to Aug. 3 1 ----297,941
125,295
364,179
25,553
25,764
Tol. P eoria & W est.b Sept.
84,231
80,593
Jan. 1 to Sept. 30 . . .
7 1 0 ,lO l
181,377
717,246
141,068
58,222
Ju ly 1 to Sept. 3 0 . . . .
231,430
63,843
257,237
Union P a c ific 509,127
470,543
Union Pao. R y ..b .A u g . 1,316.698 1,209,587
Jan. I to Aug. 31 . . . 8,726,042 8,816,L07 3,070,540 3,165,807
128.077 . 212.102
462,594
Oreg. 8. L. & U. N. b. Aug. 47 7,8 48
Jan. I to Aug. 3 1 .. 3,525,618 3,261,964 1,541,065 1,333,675
21,13 L
61,048
St.Jos.&Gd. I s l.b . Aug.
64,181
11,318
81,706
49,830
376,368
Jan. 1 to Aug. 3 1 ..
410,859
211 def.1,862
6,151
Kan. C. & Om. b . ... Aug.
9,608
42,822 def.3,693 def.2 3,848
Jan. 1 to Aug. 3 1 ..
63,134
22, '78
28,230
Cent. B r a n c h ..b . .Aug.
41,282
8,027
186,651
115,773
36,894
Jan. 1 to Aug. 3 1 — 270,456
24,193
2,270
i l CJ e w . a & w : ( b A u «3 1 '323
170,394 def.28,179
Jan. 1 to Ang. 3 1 ..
202.408
689,093
Grand Total, b — Aug. 2,059,487 1,893,805
Jan. 1 to Aug. 3 i . . 14,065,563 13,631,697 4,897,879
17.362
238,283
Un. P .D .& G u lf.b ...Aug.
215,509
311,766
Jan. 1 to Aug. 31 . . . 1,912,866 1,924,U 2
352,728
W abash, b .................Aug. 1,063,203 1,273,867
Jan. 1 to Aug. 3L---- 7,938,549 8,020,901 2,105,610
668,043
Ju ly 1 to Aug. 3 1 ___ 2,108,703 2,147,830
17,092
6,056
Waco & Northw'n .Aug.
18,807
48,194
132,184
Jan. 1 to Aug. 31 . . .
137,04 7
207,211
W. Jersey & Seasli’ e.A ug.
425,314
31,120
103.101
West Ya. Cent. & P.Sept.
100,100
96,943
303,796
Ju ly 1 to Sept. 3 0 ___
298,980
17,094
35,326
W .Virginia «fe Pittsb.. July
31,371
110,521
207,68 L
Jan. 1 to July 3 1 .—
223,208
42,562
13,164
West’n of A labam a.. Aug.
43,766
329,943
130,151
W est.N .Y.& Penn. b . Aug.
31.2,842
664,915
Jan. 1 to Aug. 3 1 .... 1,954.335 2,13 L,711
235,632
639,249
Ju ly 1 to Aug. 31___
586,821
150,616
452,803
W isconsin C entral... Aug.
402,030
945,710
Jan. 1 to Aug. 3 1 — 2,855,505 2,879,108
330,806
887,310
July 1 to Aug. 31 . . .
831,025
[v o l .
Roads.
Wrightav. & T en n ..Ju n e
Jan. 1 to lune 30 . . .
July 1 to June 3 0 ___
York Southern.........Aug.
/-----Oro's Earnings.----- ,
18S6
1895.
$
$
5,045
5,174
44,769
3 4,263
92,234
80,648
6,963
6,371
L x in
—y e t E a r n i n g s s
1896.
1895.
$
$
def. 26 3
1,611
1 8 ,0 16
6,831
35,042
22,860
3,177
2,430
a Net earnings here given are after deducting taxes,
b Net earnings here given are b efore deductin ' taxes,
c Deducting other expenditures for repairs, replacem ents and general
expenses, net incom e applicable to interest on bonds in August was
$ ’ 2 >,830, against $96,122 last year, and from January 1 to August 31
$81” , " 2 1, against $646.4 2. This is the result in Mexican dollars
treated (according to the com pany’ s method o f keeping its accounts)
as equivalent to 80 cents in United 8tates m oney—that is, all depreci
ation beyond 20 oer cent has already been allowed for.
cl Prior to July 1, 1896, taxes were included lu expenses for 1896
on ly, bu tsin ee then they h iv e been included for both 1896 and 1395.
$ Figures for 1*>96 do not include results ou \lbauy Fla. & Northern
w h ile tho*e for 1895 include them to August 31 only,
e Results of coal m ining operations only.
g Including other incom e, the net from January 1 to August 31 w as
$299.<60, against $185,882, and from Ju ly 1 to August 31 was
$80,395, against $59,837.
t Includes only one-half o f lines in which Union Pacific has a p art
interest. Figures are given exclusive o f results on Oregon Railway &
Navigation, Union Pacific Denver & Gulf, F ort Worth & Denver City,.
Leavenworth Topeka & Southwestern and Montana Union.
II Including incom e from fe m e s . &c.
* Includes diioago Burlington
Northern for both years.
1 Includes besides Atlantic System the H ouston & Texas Central^
Austin & Northwestern, Central Texas & Northwestern and Ft. Worth
<fe New Orleans.
Miscellaneous Companies.
------Gross Earnings.----- - /-----Net Earnings.----- .
1896.
1895.
1896.
1895.
$
$
$
Ed. El.111. Co., BklyD. Aug.
60,652
51,328
23,059
1^,948
523,082
Jan. 1 to A ug 3 1 ___
353,149
228,333
143,503
71.593
Edison El. II. Co., N. Y. Sept.
163,994
148,306
63,08 8
Jan. 1 to Sept. 3 0 .... 1,581,807 1,434,222
747,776
667,36&
Edison El.II.Co.St.L .July
............
20,334
27,375
188,332
182.242
Jan. l to July 3 1 ..........................
10.705
Jran dR a p.G is L.Co Sept....................
9,08 7
Jan. 1 to Sept. 3 0 ..........................
81,875
7 1 ,235
Laclede Gas-L. Co.. Sept.....................
63,345
65,188
586,63 3
Jan. 1 to Sept. 30 ................... .
518,267
9,295
5,065
Mexican T eleph one..A pr.
10,161
4 ,8 0 7
36,188
18,0 14
Jan. 1 to Apr. 3 0 ....
39,876
16,789
18,341
Mar. 1 to A pr. 3 0 ....
20,570
10,035
8,190
Oregon Imp. C o .a ...A u g .
304,883
60,757
60,656
294,531
Jan. 1 to Aug. 3 1 .... 2,182,320 2,139,4 29
197,991
24 6.38S
193,483
268,276
Deo. 1 to Aug. 3 L -... 2,422,647 2,416,625
3 47,455
Pacific Mail ............A u g.
328,546
23,066
28,318
525,434
Jan. L to Aug. 3 i ___ 2,610,930 2,954.558
355,330
258,043
May 1 to Aug. 31 . . 1,292,278 1,484,372
176,918
Tenn. Coal L. & R R ..Sept....................
28,178
115,293
............
Jan. 1 to Sept. 3 0 ..........................
572,221
698,053
Western Gas Co.—
34,690
3 2 ,6 6 3
Milwaukee Gas-L.Co.bSept.................
.............
Jan. 1 to Sept. 3 0 ..........................
289,873
272,66 5
interest Charges and Surplus.—The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, &c., with the surplus or deficit
above or below those charges.
r-Inter’ t. rentals, rfc.—% r-B a l. o f Net E a r n s »
1896.
1895.
1396.
1895.
$
$
2^1,847
19?375 d ef.3,354
197
145,936 def.13,482
174,435
2,6 60
12,349
11,335
15,203
11,715
22,232
21.524
12,692
25,337
47,662
72,503
72,760
3 2 ,970
440,651
473,912
88 ),000
872,954
7,0 40,000 6,9 33,636
2 5 i,0 5 4 def.31,162
115,909
115,994
*41,690
*29,611
31,101
33,526
22,177
9,175
266,325 def.83,0 L7 def.90,053
270,336
57,077
132,111
233,158
233,324
468,901
464,718
73,330
137,242
36,802
36,802 def.5,649
10,107
73,604
73,604 d ef 13.820
14,679
201,696
204,705
50,861
82,405
197,504
381,428
384,052
129,415
16,148
30,168
7,919
2,015
171,036
217,583 def.64,759 d ef.60,182
51,237
4,133
51,133
10,278
385
409,814
403 951
20,163
10,071
*30
10,194 "def. 1,931
*def.4,653
20,370 *def.5,4l3
20,357
25,679
6.245
110,956
114,819
14,454
220.8 59
8.8 37
228,2 95
13,867
5,090 def.7,999
16,507
8,254 def. 17,279
33, >11
27,737
57,582
103.628
57,871
55,363
536,334
436,533
462,863
461,367
58,380
62,606
124,961
125,225
146,634
1 17,726
375,675
3 T4,943
164.157
322.232
239.206
244,225
464,605
626,991
2,403,279 2,357,205
5,619
10,611
14,343
14,107
14.232
5.779
28,2 99
28.789
19,213
13,0 36
8,889
19,105
165,204
711
30,997
16 4,255
35,23 S
46,015
57,638
57,313
48,735 def. 19,706
47,884
66,558
44.9.530
141,265
248,473
430,9^6
38,065 ‘ def.3,105
*24,827
29,520
70.033
81,316 *dcf. 2.790
*44,501
21,972
20 334
3,792
5.169
61,153 def. 7,696
5,690
65,918
23,920
183,291
Roads.
Bangor & A roostook Aug.
Jan. 1 to Aug. 3 1 ----Buffalo & Snsqueh’a. Aug.
July 1 to Aug 3 l .. .
Baft. Booh. & P itts..July
Ohio. Barl.& Quincy Aug.
Jaa. 1 to Aug. 3 1 ___
Chicago & East. 111...July
Jhlo. «fe W. M ich.. ..A u g ,
Jran. 1 to Aug. 31. ..
Olev. Cin. Ch. & St. L. Aug.
July 1 to Aug. 3L . . .
Peoria & E astern.. Aug.
July 1 to Aug 31 —
Denver & R io Gr’de. Ang.
Ju ly 1 to Aug. 3 L. . . .
Det. Lans. & Nor___ Aug.
Jau. 1 to Au^. 31 . . .
Flint <fe Pere Mar...., Aug.
Jan. 1 to Aug. 3 1 ....
Kanawh a & Mich — Aug.
July 1 to Aug. 3 1 ___
Kan. C. Ft. S. & M ... Aug.
def.4,163
July 1 to Aug. 31 . . .
def.38.090 Kan. C. Mem. & Bir..Aug.
713,921
July 1 to Aug. 3 l —
4,594,043 L. Erie & W est’n — Aug.
Jan. 1 to Aug. 3L . . .
50,689
345,7 >4 Nashv. Chat. & 8t. L.Sept.
July 1 to Sept. 30. —
466,735
2,115,902 Pitts. C. C. & St. L. .Sept.
784,549
Jau. 1 to Sept 3 0 ....
6,491 E lo Grande S ou th ... Aug.
53,179
J aly 1 to Aug. 3 1 ___
San Fran. & No. Pao. Sept.
Jan. L to Sent. 3 J . . .
37,606
July 1 to Sept. 3 0 . . . .
116,154
20.934 Tenn. Coal I. & RR..Sspt.
Jan. 1 to Sept. 30 . . .
114.702
12,894 Toledo 4s O. Ceut...... Aug.
July L to Aug. 3 L ..
109,028
566,893 Toledo Peo. & West..Sept.
July 1 to Sept. 3 0 ....
21 >,236
185,598 W. Jersey&Seaatiere. Aug.
1,113.405
* A fter allowing for other incom e received.
352,495
THE CHRONICLE.
O ctober 24, 1896.]
STRE E T R llL tfA T S
4 HU T R A C T I O N C U S e A N I E S
The following table shows the gross earnings for the latest
period o f all s tr e e t railw ays from which we are able to obtain
w eekly or monthly returns. Tne arrangement of the table is
the sam e as that for the steam roads—that is, the fir3t two
oolu m n s f dgures give the gross earnings for the latest
w eek o r month, and the last two columns the earnings for
the calendar y^ar from January l to and including such latest
w eek or month.
STREET
G ross
RAILW AYS AND T S ACTION COMPANIES.
Latest Gross Earnings.
Ian. 1 to Latest Date
Earnings.
Week or Mo
Septemb'r.
J u n e ........
May...........
J u ly ..........
Septemb’r.
Septemb’r.
Septemb'r.
Septem b’r.
Septem b’r.
4tb wkSep.
August—
Brooklyn Elevated.. J u ly ..........
Br'klyn Bap.Tr. C o .Total for system
Buflaio By ............... .
Chester Traction.. ..
Chic. A Bo. Side R.T.
Cln. Newport 3s Cot .
Ctty Elec. (Roiue.Oa.
Cleveland City By...
Cleveland Electric..
Cleve. PAlosv.de E ...
Columbus st. By. (O.
Denver Con. Tramw
Duluth St. By.
1896. | 1895.
1896.
| 1895.
s
*
*
I
*
73,337
8.701
102,04b
18,067 15,221
81,740
80,744
2 1.234 19,119
72,223
4,355
2 3 ,5 li
5,178
20,186
7.30c
8,60o
6,174
4,977
107.971 108,383 952,360 666,961
2,112
16,10*
1,921
16,125
69,930 i 08,185
7.315
7.181
97.348
13,410 12,639 111,637'
6.906 2-45,991 226,536
6.078
3!,627| 31,202 20s,34t». 177,095
159,745
1,040.526 1,282,454
127.910;
381,627 390,463 3,340,487! 2,874,986
Septemb’r. 04.690 63,309 539,061 455.101
Septemb'r. .40,217 453,772 3,s7 9 ,5 4 ' i3,330,087
680 509 637,761
Septemb’r. 18.709 23,231
160,621! 158,357
Septemb’ r. 50,945 52.407 519.683 538,592
Ancnrt ... 62.97b 62,736 430,377 405,371
15,66
Align i t ___ 113,3 M 100.062 762.634 688.188
Septemb’ r. 134,922 134,237 1,238,863 1,103.901
Septemb’r.
...... ..
7.213 ............
2d wit Oct. 10.73, 11,54 4 503.949 496,243
A ugust---- 42.051 47.319 2 i 4,371; 271,801
May........... 254.753 215,355
........
___ ___
A ugust---........
5.911 . . . . . . . .
A ugust___ 68.265 68.029 477,972 474.928
287,06
A ugust___ 30.815
Septemb’r. I8,97i 19,66* 165,813, 107,386
___ ___
J o iy ..........
a.857
4.331
Septem b'r. 11,52* 15,013 118,093
114.287
66,790
95,514
July ........ 19.28*2 13,012
Bepteiub’ r. 19,148 20,003 161,692 107,006
Port Wayne consol.
Galveston City K y ..
Herkim er ttonawk It
3,291
28,772
ion % K’kfortE LR y A iigant___
3.553
9,SO<
Hlng’ m (Mass.) B- Ky. J u ly ..........
6,633
64i
...
Hoosick B y . ............ Septemb’ r.
|July.......... 19,910 *21,32(f
............ !
............
Interstate Consol o!
91,410
Septemb’ r. 10.852 12,293
North Attleboro
4 9 13
4.514
Kingston *>1ty By..
A ugu st.. . . 12,731
8*1,775
Lehigh T ra ctio n ...
Lock Haven Tract!
7.998
43,480
Septemb'r. 13,5tt2
72,557
_____
Louisville Hi 11w a y .. A ugust---- 103.061 103,647
L o w e l l Law A Hav
A ugust___ 48,642 52,575 2*85^250 285.4 U
18,074 47,871 1,188,281 1,165,776
L y n n A B o s t o n ............. 2d wk Oct.
Metrop. (Kansas City * 2d wk Oct. 41.211 34.708 1,415,323 1,373,209
4.585
32,496
3*,05?
5.769
Montgomery Bt. Ky August—
Montreal Street Rv.. Septemb'r. 121.080 118.910 962.933 853,951
........
........
Nassau Elec. (B'klyn Septemb’ r. 147.317 38,511
Newburgh E lectric.. septem b'r. 9 ,663 12,463
............
New England Bt. —
Septemb’ r. 21.813 23 873 198.017 184,963
W in c h e ste r A v e —
2.963
25.750
24.261
Septemb'r.
3,145
P l y n i ’ t h A K tu g fttfi
Total................... Septemb’r. 24.958 28,836 224,797 209,224
42,802
5,150
35,483
N ew flavenA O ntr© ' Septemb’r.
4.574
74,816
63,220
viay ........... 20,011 15.942
New Haven Bt. By.
9.429
38.803
36,391
9.810
A ugust---N erw L o n d o n B t B y
New O r l e a n s T r a o t l c septem b'r. ) 97.598 108.772 1,001.270 983.533
475,517 554,930
J u n e .........
N . Y . A H a r le m .
..
*»eptemb’r. 36.593
N. Y . A Q u r e n * C y .
13,346
•533'
Ogdensburg Bt. Ky. Septemb’r.
31.247 30.189 218.85'j I 192,407
Paterson Ky ............August
57,790
9,022 10,101
P o ' k e e p s l e A W a p o . P . A u g u s t ------8.420
Rapid B y . ( D e t r o i t ) . . s e p t e m b ’ r .
23.979
3 892; ” 4.6*231 '27,590
B o a o o k e S t r e e t ...............A u g u s t
Rochester By............ ..July
7 ~ ; 7 1,65b i 493.300 478.923
68,572
9.537
8.480
72.815
Schuylkill Traction... Septemb'r.
49,416;
36,570
5.320
Schuylkill Val. Trac. Septemb’r. j 6,0*7
Scranton A Pittston.. Septemb’r.
6,059
Scranton Traction___Septemb'r.
31.5*8 *28,990 253*.338 217,015
Second Ave. (Pttteb.) .Septemb’r. 44,737 43,600 385.063 214,100
58,230
7,708
59,379
6.920
Sioux City Tractioo ISeptemb’r.
28,977
3,633
3,322
Syracuse E’st-StdeKy septemb’r.
Syracuse Bap. Tr. By. September. 35,71ft 85«0 M
47,960
60,950
Terre Haute ETc. By May........... 13,777 12,848
........... 1,292,915 1,273,004
Third Ave. (N. Y.)___June...........
85.581; 92,5331 613,506! 637,789
Toronto By. ..............August—
Twin City Rap. Tran A ugust.... 177,336 178.511! l,315.338;i,280,438
Union (N. Bedford),.. September. 18,231 18,158! 159,740 139,338
United Tract. (Provo August.... 168,930! 166,316 1,105,428! 1,066,329
Unit. Trac. (Reading) August---- 22,462 23,8541 133,075 122,10 Ij
75,127
81,751
Utica Belt Line..........June..........
43,814
45,307i
6,346!
4,978
Wakefield A 'tone— Septemb’r.
21,716 23,411; 160,906 156,593
Waterbary Traction.. August—
120,4561 111,458
Wheeling Railway. Septemb’r. 14,000 12,621
376,522 327.211
Wllkeeb. A Wy. Valley Septemb’ r. 41,971 45,311
Worcester Consol.......Julv............ 48.593 42,573 281,053 239,214
WorcesterBnb.Bt. By. Septem b’r. 14,291 I
* On account o f a breakdown road ran for only 10 days In depiembor.
Street R a ilw a y .Net K u rn im fi.— l a the fo llo w in g we snow
both the ^rosi an 1 the net earnings to latest dates o f all St reet
railways fr o n w hich w e h are been able to p rocu re m oatnly
returns. As in the c u ; o f the steam roads, th e returns of the
different r o i l s are published by us each w eek as srjju as receirei, and o r a i n Hlth (on the th ird or th e fourth Satur
day o f the m rath) w e b rin g ail the roads rep ortin g together,
as is done to -d a y .
■
1895.
-.Yet Karnlng,.1895.
1896.
S
*
2,862
15,221
84,740
17,391
(42,339
-G rass M a m in a ,.-
Akron Bed. * Ctor. Sept.
J»n. 1 lo Sept. » o . . .
A kronntKy.ailLOo Jono
Jen. 1 to Jane 3 0 ....
1 so*:.
•
8,701
73,337
13,037
102,043
7,391
33,852
751
Gross Earnings.---Yet Earnings.-1896.
1895.
1896.
1895.
Roads.
$
$
A llentown & Loll. Tr. M ir.
14,353
14?056
Jan. 1 to Mar. 3 1 ....
42,723
38,043
19*099
16,623
Amsterdam St. R y...Jn ly
5,178
4,355
2,113
683
Jan. 1 to July 31___
28,515
26,486
5,765
3,081
Atlanta R ailw ay...... Aug.
8,600
7,300
3,200
1,200
Aurora St. Ry. (til.) Sept.
4,977
6,17-4
84
847
Apr. 1 to Sapt.30 . . .
35,225
34,630
5,341
4,294
1,921
Batli 8treet R y ...... Sept.
2,112
872
673
Jan. 1 to Sept. 30 . . .
16,108
16,125
5,526
5,002
Bay Cities C onsol.. .Sept.
7,315
7,4*4
3.015
2,893
Jan. 1 to Sept 3 0 ....
6^,930
68,185
26,216
23,130
Binghamton St. Ry..Sept.
13,440
12,639
5,995
6,923
Jan. 1 to Sept. 30 . . .
111,697
50,490
41,599
97,318
July 1 to Sept. 3 0 ....
46,094
26,117
40,839
22,536
Bridgeport Traot’ n.,Aug.
34,115
34,057
16,866
19,319
Jan. 1 to Aug. 3 1 ___
219,833
197,742
104,984
94,323
Brockton Con.St.Ry. Ang.
33,627
31,202
16,951
13,591
Jan. 1 to Ang. 3 1 ....
203,349
177,095
73,731
85,378
127,910
Brooklyn Elevateda July
159,745
45,423
67,798
Jan. 1 to July 3 1 .... 1.040,526 1,282,454
414,185
589,670
Chester (Pa.) Tract. Scpfc.
13,709
23,231
10,474
16,180
Jan. 1 to 8epc. 3 0 ___
160,621
158,357
82,795
83,266
Calc. & 8o.8 lde JLT.Sept.
50,9 45
52,407
17,290
10,73 4
Jam 1 to 8epr. 3 0 . . . .
519,663
538,592
173,014
129,233
Cinn. Newp. A Oov. Aug.
62,976
23,133
28,602
62,736
Jan. 1 to Aug. 31 . . .
436,377
134,212
130,694
405,371
City Eieo.(Rome,Ga.) Sop:*
1,903
505
............
Jan. 1 to S jpt. 3 0 ....
15,665
3,878
Cleveland E lectric..A u g .
152,961
63,546
58,120
110,738
Jan. 1 to Aug. 3 1 . . . . 1,103,941
343,344
969,724
383.275
............. ...
Clev. P. A E ast........ Sept.
7,213
4,235
. . . . . . . .
Oolum bua(Oa3t,Ry.Sdpt. 56,883
65,800
31,723
38,183
247,629
213,070
Jan. 1 to Sept. 30 . . .
482.230
472,498
............. ...
5,914
Dayton, O., T rao___ Aug.
4,120
26.149
63.029
21,932
Deaver Co u. Train w. Aug.
63.265
179,030
Jan. 1 to Aug. 3 1 ....
477,972
474,923
179,840
11,669
Detroit Railway ....A u g .
36,815
.......................
Jau. 1 to Aug. 31 . . .
287,051
86,948
9,901
10,358
19,669
Duluth Street Ry ..S e p t.
18,970
88,069
86,769
167.836
Jan. 1 to Sept. 8 0 ....
165,813
Enterprise RR. (Okas'n)—
*130
*869
July ...........................
4,331
4.857
6,542
10,244
13,012
19,282
F t Wayne Con.St.Ry. July
42,394
23,328
63,791
Jan. I to July 3 1 ....
95,511
20,003
7,615
6,379
19,148
Galveston City R y .. .Sept.
62,987
62,845
167,000
161,692
Jan. 1 to Sept. 30 . . .
Herkimer Mohawk Illon
911
3,291
2,156
A Frank. EL R y ... Aug.
3,553
10,931
28.772
Jan. 1 to Aug. 3 1 ....
Inter-State Consol. Street
3,046
6,137
12,293
10,852
Ry. (No. Atlleh K.Sept.
20,573
9 4,4 LO
Jan. 1 to Sept. 30 . . .
12,731
7,340
Lehigh T raction......Aug.
............
33,310
81,775
Jan. 1 to Aug. 31 . . .
14,019
24.34*2
July l to Aug. 31 . . .
4,301
13,502
7,998
8,334
London 8t.Ry.(Can.)8ept.
12,381
43,430
32,398
73,557
Jan. 1 to Sept. 30 . . .
1,539
4,347
5,677
Lorain Street Ry.(0.)June
7,568
16,650
7,439
37,19 )
32.203
Jan. 1 to June 30----49,292
103,061
105,647
47,617
Louisville Railway. Aug.
25,396
21,635
52,575
48,642
Lowell Lawr’oe A ll.A u g .
118,296
102,731
2 3 5 .U 1
235,250
Jan. i to Aug. 31—
177,493
07.037
104,428
175,563
Lynn A B o s t o n ....... Aug.
423,543
411,674
952,837
989,775
Jan. 1 to Aug. 3 1 ---147,182
155,603
61,327
71,183
Metro p'n St. Ry.,K.C.3ept.
511,975
555,396
Jan. 1 to Sept. 3 0 .... 1,326,344 1,283,260
232,585
640,42 L
280,227
June 1 to Sept. 30 . . .
634,434
2,172
4,585
2,720
5,769
Montgomery St. R y.A ug.
13,424
19,286
32,496
38,057
Jan. 1 to Aug. 3 1 ....
7,254
4,965
12,463
9,669
Newburg Eleo. Ry.-Sepfc.
18,235
22,078
40,336
32,917
July 1 to Sept. 3 0 ....
9,429
6,154
5,671
9,810
New London St. Ry.Aug.
14,410
36,394
15,747
38,803
Jan. 1 to Aug. 3 1 ....
39,519
45,923
113,3L6
107,839
New Orleans T ract.. Aug.
361,030
874.76 L
391,733
905,671
Jan. 1 to Aug. 3 1 ....
14,602
13,442
30,139
31,247
Paterson Railw ay.. . Aug.
79,134
92,069
192,407
218,850
Jan. 1 to Aug. 3 1 ....
5,594
3,512
10,106
9,022
P'k’p3.CityAW. Falls. Aug.
24,315
57,790
Jan i to Aug. 3 1 . . .
Rapid Ry. (Detroit) 33,542
70,172
___
Sept. 1 to Aug. 3 1 ....
Riohmond Traotion—
16,803
26,394
J u n e20 to A u g .1 9 ....
15,335
13,661
9,537
8,430
Schuylkill Traction..Sept.
t25,443
130,962
68,572
72.815
Jan. 1 to Sept. 3 0 ....
16,572
13,430
28,990
31.583
Soranton Traction..Sept.
100,864
121,395
217,015
258.333
Jan. 1 to Sept. 3 0 ....
46,511
42,673
86,247
96,560
July 1 to Sept. 30 . . .
Scranton A Carb. Tract —
14,868
17.379
27,774
31,811
July 1 to Apr. 3 0 .......
2,504
6,053
Scranton A Pitfstou.Sept.
9,028
19,352
July 1 to Sept. 30 . . .
2,133
1,192
7,708
6,920
Sioux City Traction.Sept.
7,157
9,772
58,230
59,379
Jan. 1 to 8ept. 3 0 —
49,931
44,117
92,533
85,58
L
Toronto R y ............... Aug.
309,756
303.712
637,789
643,50*
Jan. 1 to Aug. 3 1 ....
106,94 3
105,157
178,511
177,336
Twin City Rapid Tr. Aug.
714,712
734,370
Jan. 1 to Aug. 31 — 1,315.333 1,280,438
10,322
23,481
21,716
Waterbary Tract'n..Aug.
73,826
156,593
100,906
Jan. I to Aug. 3 1 ---26,823
23,393
45.310
44,971
Wilkesb.AWy. Vy. I’r.Sept.
174,326
200,428
327,24L
376,522
Jan. 1 to Sept 30 ...
16,919
14,3
£4
42,573
48,593
Woroester Consol.. .July
67,030
73.304
239,214
284,053
Jan. 1 to July 31 . . .
5,158
14,291
W orcester it Sub.St.. Sept.
•» Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes.
.
* After d e lu d in g not only e-epeuses au 1 taxes, but iaterest ana
ChtaMet'^eiratntff ara after deducting ta w s and Are and acoident Insur; Ttte low not e a r n in g lor Xime, H H , c a m e l by espe
*7.00 *for betterments. Over #10,007 were expended for oectermeats
from Jan. 1 to June 30, 1896. ..JttA .
'ilflCE —•*'|i^ 8
752
THE CHRONICLE,
Interest C h arges a n d Surplus.—The following S t r e e t
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for incerest, &c., with the
surplus or deficit above or below those charges.
-—Inter’ t, rentals, tic.—, r-B al. o f Net E arns.—
1896.
1896.
1895.
1895.
Roads.
$
$
$
$
8,704
4,154
17,445
D enver Con.Tramw. Aug.
17,828
39,599
139,431
142,847
36,993
Jan. 1 to Aug. 3 1 ....
1,000
539
LoraiuStreet R y.(0.) June
1,489
Jan. 1 to June 3 0 ....
6,000
3,252
Schuylkill Traction.Sept.
1,778
2,083
2.083
6,695
12,214
Jan. I to Sept. 3 o ._ ..
18,748
18,748
1,022
1,482
Scrauton& Pittston.Sept.
4,416
4.582
July 1 to Sept. 3 0 ___
5,240
5,582
Waterbury Traet.Co. Aug.
28,127
45,699
Jan. 1 to Aug. 31___
...........
ANNUAL
REPORTS.
Annual Reports.—Tut lo iio w m g is an in d e x to all annua
reports o f steam railroads, street rail w ays a n d m iscellaneou s
com pa n ies w h ich h ave been published since the last ed ition s
of the I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p p l e m e n t s .
This in d e x does not in clu d e reports in to -d a y ’s C h r o n ic l e .
r a il r o a d s a n d
M i s c e l . C o ’ s.
Volume 6 3 —
Page.
A la b a m a G reat S o u th e r n ................ 699
A labam a X V icksbu rg................555, 6>0
A lban y X Susquehann a..................... 355
A m erica n G rocery C o ....................
556
A m erican Spirits M an u factu rin g., loti
A tc h . T op ek a & S. Fe ------..6 m s . 267
B a ltim ore & L e b ig h ............................ 227
B a ltim ore & O hio
. . . . 6 m o s . 598
B a ltim ore X O hio S o u th w e s te rn ... 500
B o s to n & A lban y ...........
227, 3 *9
B oston & M a in e............................ 354, 552
B o s to n R e v e re B ea ch & L yn n — 716
Buffalo R och ester x P iits b u rg ....... 226
Calum et X H ecla M in in g..............
188
Central o f G eorgia R a ilw a y ............ 400
C en tral N. Y. & W e s te rn .................. 399
C entral V e r m o n t................................. 226
C hesapeake X O hio ............291, 309, 314
C hicago X E astern I llin o is .............. 455
C hicago G reat W e s te rn ..................... 399
C h icago M ilw . & St. P .
429. 454, 461
C h icago X N orth W estern..289, 309, 311
C h icago X E astern Illin ois..................226
C incinnati N. O. & T e x a s P a c ......... *49
Clev. Cin. C hicago X St. L.o35, 552, 561
C olorado F u el X Iron C o ................... 400
C olorado M id lan d................................ ?0o
C olum bus Sandusky X H o c k ........... 600
C on cord & M on trea l— ................... 700
D en ver & Kio G ra nde........ 383, 397, *03
D ia m on d M atch C o ............................. 401
E lgin J o lie t X E a stern ....... ............ 5 <2
E rie R ailroad........................ 477, *98, 512
E v a n sville x T e rre H a u t e .............. 599
F all Brook............................................... 355
F it c h b u r g ............................................... 458
G eorgia Southern & F lorid a............ 554
G reat N o rth e r n ................... 480,498, 505
H ou ston E. x W . T e x a s ................... 267
Illin o is C en tral..................... 678,698, 703
Indiana X Lake M ichigan .............. 142
In tern ation al & G t. N o rth e r n ....... 647
Iow a C en tral...........................................598
K ananha X M ich igan ...................
603
K . C. Ft. S cott & M em ph is.............. 504
K . C. M em phis X B irm in gh am ........ 504
L a k e E rie & W e s te rn ........................ 554
L eh ig h X H u d son R iv e r .................... 502
L eh igh V a lle y ....................................... 553
L on g Island R R ................................... 601
L ou isv ille X N a s h v ille ....628, 645, 6 3
L ou isville N ew A lb a n y <fc C h icago. 500
M aine C en tra l.......................
599
M anhattan E levated (N. Y .) ........... 310
M em phis & C h arleston ...................... 554
M ichigan P en insu lar Car C o ........... 651
N ew England R R ....................................698
M in neapolis & St. L o u is .. .646, 675, 711
M in neapolis St.. P. X S. Ste M arie.. 501
M issouri K ansas & T e x a s .........
697
M obile X O h io .......................083,697, 713
N ashv. Chatt. X St. L .........199, 509
N ew bu rg D utch ess X C on n ecticu t. 556
N ew E n gland R R ................................... 698
N ew Jersey & N ew Y o r k .................... 503
N ew L o n d o n N o r t h e r n ..................... 40o
N ew O rleans & N orth E a stern .555, 650
N ew Y ork B iscu it C o ........................ 40
N ew Y ork X Canada............................ 355
N .Y . Cent. X H u d son R iv 580. 596, 603
N. Y. N ew H a v e n & H a r tfo r d .499, 597
B u ffa lo
R och ester
&
2,284,913
856,970
72*72
1893-94.
*
629,811
39,588
1892-93 .
$
857,234
45,724
T o ta l...................
D isb nr seme n ts—
Tnt on bonds Jcoartr
Interest on bonds of
proprietary roads.
Rentals......................
Miscellaneous in t ...
894,865
795,154
669,399
90 2,95 ®
585,001
577,371
575,468
535,3 46
18.900
127,460
45,860
18,900
124,960
31,252
18,900
123,932
30,126
18,903
72,981
24,029
T o ta l.
Surplus..
777,221
117,644
752,433
42,671
748,426
def.79,027
651,256
251,702
,
■1?
BALANCE SHEET JUNE 3 0 .
1896.
1895.
1894.
Assete—
$
$
$
Cost of road & equip, 20,983,160 20,625,451 20,463,606
ost of prop’ t’ y rds. 1,503,775
1,497,932
1,496,105
1,003,671
Investmen* s ......... .
1,003,671
1,003,071
41,197
Cash............. ........ .
61,054
21,108
304,000
586,009
Hills receivable.......
572,000
261,985
245,814
Materials on h and ..
254,128
4 )8,51 7
367,868
205,255
Agt8.,oond’ tors, <fco.
100,54 L
97,229
45,164
M iscellaneous..........
1893.
$
20,288 ,389
1,335.496
1,003,670
25,409
5 4 1,000
240,463
371,271
412
24,061.037
23,807,110
6,000,000
6,000,000
9,340,000
869,>00
314.500
370,000
127,178
173.124
666.0 >0
166.936
9,092
25,207
6,000,000
6,000,000
9,193,000
844.000
318.500
370,<»00
12 t,489
309,648
478,875
41,533
22.831
104,234
24,620,532
24,481,342
P e te rsb u rg R R ..................................... 555
Phila. Reading X N ew E n gla n d — 5«>3
P ortlan d & R u m ford F a lls............. 502
P u llm an’s P alace C ar............ ......... 700
Railway E quip m en t o f M in n esota 227
R en sselaer & S a ra to g a ....................... 355
R icn m o n d F redk sb. X P o t o m a c ... 502
R ich m o n d & Petersburg ................. 555
R io G ra nde S o u th e rn ......................... 897
R io G rande W e s te rn .......... 681, 697, 709
St. L o u is X San F ra n cisco ................ 455
St. L o u is South w e ste rn ..................... 648
St. P aul & D a lu th .............................. 64?
St. P aul M inn, x M a n ito b a .............. 4 h8
San A n to n io X Aransas P a s s ......... 161
San F ra n cisco & N orth P a cific....... 187
Seaboard X R o a n o k e .......................... 501
S om erset R a ilw a y ............................... 556
S outhern R a ilw a y................................ 354
Staten Island Rapid T r a n sit........... 355
Street R y. & Llluminat’g P ro p e rt’ s 556
Syracuse B ingbam pton X N. V. . . . 26
T e x a s X P a c i f ic ................................... 649
T o le d o A O hio C en tral....................... 457
T o le d o P e o ria X W e s te rn ................ 501
T r o w D irectory P rin tin g X B ook b. 355
U lster X D elaw are............................... 556
V ick sbu rg S h re v e p o rt & P a c .. .555, 650
W a bash l il t ........................... 427, 455, 4 6 1
W agner P a lace Car C o ....................... 503
W e s t Va. Central & P itts b u rg ....... 456
W e s t Virginia & P ittsb u rg .............. 60 *
W e s te rn N. Y. & P e n n ... .628, 646, 600
W e ste rn U nion T e le g r a p h .................761
W h e e lin g & L ake E rie ......... — 500, 553
W isco n s in C entral .......................... 5 9 '
Z a n esv ille & O hio R iv e r .................. 550
St r e e t R a i l w a y s .
B rook lyn City & N e w to w n ................ 557
B ro o k ly n E le v a te d .............................. 356
B rooklyn Q ueens Co. & S uburban . 558
B uffalo & N iagara Falls E le c t r ic ... 558
D en ver i'o n s o lid a te d T ram w ay ... 356
Dry D o ck E. B. X B a tte r y ................... 401
K ings Co. E le v a te d ( B rooklyn *. . . . 502
M e trop olitan T ra ctio n (N. y . C ity) 557
M id dletow n G osh en T ra ctio n (M id
dletow n . N. Y .)......
558
N assau E le ctric (B rook lyn , N. Y .) . 557
N orth w estern E le va te d (C hicago)
C o n s t r u c t i o n C o ................................. 5C3
R o ch e ste r R a ilw a y .............................. 503
S ch en ecta d y R y ..................................... 716
Steinw ay R y . ( Long Island C ity ). . 557
T h ird A v e n u e (N. Y. C it y )................ 403
T r o y City R a ilw a y ................................ 558
U nion T r a c tio n (P h ila .)........... 457, 557
U tica B e lt L in e Street ..................... 503
Y on kers R R ...................................... . 558
P itts b u r g
R a ilw a y .
1895*96.
1894-95.
1893-94.
1892-93.
R oad operated.........
336
336
34.0
304
Operations—
Passengers can led.
742,102
742,702
771,128
802,937
Pass, carried 1 mile. 16,055,899 15,410,668 18,133,349 16,152.858
Rate per pass, per in.
2 18 cts.
2*18 eta.
2*20 ota.
2*32 ots.
Fr’ ght (tons) carried 3,775.504
3,754,946
2,982,732
3,327,538
Freight (tons) 1 m .542,557,063 536,968,459 415,623,939 492,021,357
R ate per ton per m.
0*47 cts.
0*46 cts.
0*54 ots.
0*55 cts.
T otal....................
JJet earnings ...........
p . ot op. ex. to earns
756 929
38,225
6 , 0 0 0 ,0 0 0
o p e r a t io n s , e a r n in g s a n d e x p e n s e s .
T otal....................
Expenses—
Transportation.........
Maint. of equip’t . . . .
Maint. o f w ay, e tc...
General......................
T a x e s ........................
E x tr’dinary & im p ..
1894-95.
24,481,342
T h e r e m a r k s o f P r e s id e n t A . G . Y a te s a re g iv e n in s u b s e
q u e n t c o lu m n s o f t o -d a y ’s C h r o n ic l e .
T h e s t a t e m e n t o f e a r n in g s , e x p e n s e s , b a la n c e s h e e t , e t c ., h a s
b e e n c o m p ile d f o r fo u r y e a r s fo r th e C h r o n ic l e a s fo llo w s :
389,504
2,747,722
4,663
INCOME ACCOUNT.
1895-96,
*
856,976
37,889
Receipts—
Net earn in gs...
Other incom e.
T o ta l................... 24,620,532
Liabilities—
6,000.000
Stock,
com m on.......
R a i l r o a d a n d M i s c e l . C o ’ s (Con.’
6,000,000
Volume 6-i—
Page. Stock preferred .. .
9,629,0^0
Bonds
(see
S
upp
.)..
N. Y. O ntario & W estern . 484, 498, 510
668,000
N ew Y o rk & R o ck a w a y B e a ch .
6 >1 Car tru sts........ ........
N. Y. Susquehanna X W e s t e r n .... 398 Real estate m tgs___
301,500
N o rfo lk & S o u th e r n ............ . . . . . . 600
370,0 -0
Bonds o f propri.rds.
N orth P a cific C o a s t.............. ........... 400
130.922
Tut accrued not due
O gdensburg X L a k e C h a m p la in ... 502
342,438
Pay-rolls aud vouch
O hio Falls Car M fg ......................— 188
762,000
Bills payable...........
O hio S ou th ern ..................................... 598
215,064
Due to indiv’s& cos.
O ld C o lo n y ............................................. 6-:»0
O regon Ry. X N a v ig a tio n ................ 455
16,179
M iscellaneous..........
P eoria & E a stern .............................. 556 Profit and l o s s .......
185,423
( Report fo r the year ending June SO, 1896.J
Passenger..................
F reig h t.....
.........
M iscellaneous...........
[VOL, LX1I1,
375,026
2,647,678
5,512
396,201
2,377,223
6,813
3,141,889
3,028,216
2,780,237
3,308,740
1,169,068
557,101
379,719
94,830
63,642
20,553
1,196,729
551,538
336,358
8 ,803
59,728
39,131
1,134,6*2
465,280
365,302
85,202
69,890
30,101
]
!
| 2,357,411
|
2,271,287
756,929
75-00
2,150,426
629,811
77-34
408,634
2,893,636
6,470
J
64,655
29,440
2,451,506
857,234
74-08
6.000,000
9 ,3 4 ',0 0 0
80s,000
3 >6,500
370.000
120,787
420,838
878,970
133,094
29,280
67,863
24,001,037 23,807,110
The growth of the bituminous coal traffic is shown in the
following for three years past and for 1891.
Freight Traffic—
1896.
1*95.
1894.
1891.
Tons or bitum inous coal c a r ..2,433,165 2,535,008 1,894,595 1,364,454
Tons of coke ear ie d ................. 367,^75 259,425 177,149 275,714
Total tons (all freight) car’d . .3,775,504 3,754.946 2,932,732 2,390.878
Av.dist.haul of one ton,miles. 143*70
143*00
139*34
139 43
The rolling stock June 30, 1896, included locomotives 138,
against 137 June 30, 1895 ; passenger cars, 54 agaiast 53 ;
freight cars, 7,196 agaiasc 6,85 ); company’s service cars, 243
against 23£. The following leased rolling stock is included in
the above: 1. From Clearfield & Mab >ning Ry. Co., 10 loco
motives; 2. From Mahoning Valley RR. Co., 1 locomotive, 1
coach, 2 box cars and 400 gondola cars. There are 194 gon
dola cars equipped wi h coke racks and 1,45 L freight cars
with air brakes.—V. 63, p. 226.
Pennsylvania Railroad Company.
(Statement fo r the year ending Jane 30, 1896.)
The “ Railway World ” for October 10 publishes quite ex
tended extracts from the report of the company to the Inter
state Commerce Commission for the year ending June 30,
1896. The facts are interesting, though in view of the special
form adopted by the Commission, it appears hazardous to
compare the figures too closely, as some are disposed to do, with
those in the report for the calendar year 1895 in the C h r o n
i c l e of March 7, 1896.
The statement now issued on 2,697 miles of road follows:
STATEMENT FOR YEAR ENDING JUNE 30, 1896.
Gross
earnings.
$65,084,819
Dividends
paid.
$6,465,063
Net
Other
Total net
Fixed
earnings.
income.
income.
charges.
$20,019,946
$4,551,614
$24,571,560
$16,401,339
Balance
Other
Total surplus
surplus.
paym ents.
June 30. 1396.
$1,705,158
$1,655,242
$23,253,147
“ Other iucome here includes dividends on stocks owaed,
$2,269,746; interest on bonds owned, $1,427,866; miscella
neous income, $854,003.
The capital stock outstanding i 3 $151,700,000, only 57 shares
having been issued during the year. The funded debt issued
is given as $88,099,760, of which $83,655,840 outstanding. In
cluding equipment trust obligations the amount outstanding
is $88,162,840.
Current as-ets and liabilities are stated as follow s:
Current assets—
Caslt............................... $1,153,173
Bills receivable............
■86,2 <0
Due from agents .......
3,462,487
Solv.,oo8. aaii iud . . . 11,1.19,571
Other casli assets........
1,470,876
Current liabilities —
Loans & bills p ayable.$10,780,l84
And. vouon’ rs & acots. 3,897,280
Wages and sa la ries... 2,613,438
Net traffic bal m o e s ...
699,523
Divs. not o ilie d f o r ...
3 0 ,9i5
Interest coupons .......
9 5 ,9 3 1
M iscellaneous.............. 1,925,604
Total........................$20,992,337
Total...........................$20,042,895
E xcess of assets over lia b ilit ie s ...............................—.........
$949,442
Railroad stocks owned, par §115,475,738, valued at $76,076,188; other stocks owned, $13,098,340, valued at $5,430,0 43 ;
bonds owned, $43,596,899, valued at $36,187,653.— V. 63,
p. 516.
Toledo & Ohio Central Railwayf Report fo r the year ending Jline SO, 1896,)
President Stevenson Burke introduces the statistics of the
report with the following remarks :
General.—The property has been well maintained, and is in
better physical condition than a year ago, while both gross
and net earnings show an increase over the previous year,
which in view of the extreme business depression and low
carrying charges is encouraging. The sale of the general
mortgage bonds at a discount reduced the balance to the
753
1HE CHRONICLE.
October 24 1896.J
credit of income account to that extent. The business for
the coming winter gives fair promise, and in the absence of
unlooked for unfavorable conditions should yield larger earn
ings than a year ago.
Statistics.—The following table shows the changes in traffic
equipment and renewals for three years past and for 1889-90.
year. The equipment compared with 1895 is: locomotives 47
and passenger cars 11, m change; freight cars, 3,879 against
2,876, the increase having been provided through an
issue of $525,000 of
per cent car trust certificates. The
company owns stocks of oth°r companies as follows: Clear
field Bituminous Coal (par) $82,5000; Pennsylvania Western
1393-94. 1889 90.
1895-96. 1894-95.
RR , $100,000; Chest Creek RR , $20,000.
Total to n . carried. ......... 2.203.578 2.210,807 1.950,013 1,659.291
Earnings, expenses, charges, etc., were as follows:
Of which bituminous coal 1,357,141 1,32 3,862 1,107.1 '9 1,143.110
T udh carried north __ _ 1,835.849 1,787,968
4 '2.6:49
T«*ti* carried sou th.......... 427,729
250-60
263*23
A verage U»l. s per train . ..
Fndk'ht earn*, per train m
SI 41
$1 37
$5,191
$*\235
Total r<*ri)9 p. m. o f road
5,712
Freight oar* ow ned. N o ..
5.679
Freight ca>a—Cost o f rep;*ira and renewal*........ -«86.I72 $111,612
66'^
New rails laid, t >n*..___
1,771
72.028
New tie* laid, number___
88.733
1,527,930
422.063
233-56
$1 40
$4,750
5,973
1.332,314
320,477
229 53
$1 22
$5,698
4.133
$79,853
1.389
113.316
$77,238
910
37,601
EARNINGS AND EXPENSES.
Tear ending June 30—
Paase n d e r s ......................
F re ig h t............... .............
Mail, exp. a u d m iscell...
T ea r.
A ddress.
B U l r ..l 8 s 9
N ew York
C h » r le * T. L * w t * ..1 8 9 9 ..T o l e d o
8 t e v e o * o n B u r k e . 1 8 9 * . C le v e la n d
R. W. H t c k o x _______1 8 9 8 . C l e v e l a n d
Name—
Tear. Address.
J. M FVrris............1898.Toledo
t t J . C a u d a ... .1 * 9 7 . New Y ork
C hirleeG . H io k o r.1*97.Cleveland
Thomas C. P latt.. 1837. New York
Darnings and Balanc Sheet.—Operations, etc , for four
years have been as below:
OPERATIONS AND FISCAL RESULTS.
1895-98.
M ile s o p e r
June 30.
371
Operntto **—
1894-95
367
1893-94.
367
1892-93.
308
5 2 5 ,0 0 3
467,907
708,454
569,180
9.166.380
19.115.118 15.657.185 1 2 . 0 9 1 . 4 3 9
2 267 cts
Rate per pas p*r rn
2*015 CM.
1-921 oca
2 * 2 0 2 a t*.
1 .9 5 0 ,0 1 3
2,2*0,807
1 ,1a 1,609
Freight too* moved. 2,404,578
do
i mile 276,500,217 266.060,5 J3 215,546,758 297,063,874
0 602 ota.
0*555 Ota.
0*503 o •.
R at« p**r ton per m. d 522 eta.
Earning* —
$
$
$
$
30.\g 25
212.741
P7k*«etiger*...............
266,284
385.250
1.651,079
1,496,900
1.298,230
F r e ig h t ......... ........... 1,443.463
99,828
106,265
84,024
115,789
Mail, expreaa, Ac.. .
P a **«D g e r* c a r rie d .
P a * * , c a r r i e d l m ile .
1,903,990
1.944,502
266.188
231.92 «
739.587
60.705
63.210
275,^*20
106.283
537.410
114,143
50.247
311,639
221.271
60 *.500
114,020
39,905
Oper.exp. A taxes.
Net earn tags______
F .c.of op.exp. to e a ..
1,361,622
1,398,657
545,845
542.368
71-92
71-51
IKCOMK ACCOUNT.
1894-95.
1895-96.
8
8
545,845
542,368
9.421
9,531
1,145.104
503.434
69-46
1,321,335
642,316
67-29
1893-94.
*
503.434
24,0 *4
1892-93.
*
642,316
15,568
Receipt*—
Net earning*............
Other Income........ .
296,439
210.590
755.330
58,396
72,000
1.048.538
1,963,651
Total earning*..
Ex enseut—
Wav and *tructures.
Main o f equipment.
T ra t*i o r ta tlo u .......
G eneral............. .
T a x es................. ........
555,376
551.789
527,529
0 >7,884
319,170
28,135
280.360
36,337
185.100
20.257
185,400
41.315
246,790
44,003
37.959
24 4.602
26,259
190,000
40,371
35.895
327,136
13. 10
582,062
T o t a l...................
B alance.................... def. 27,586
546,418
*nr. 5.341
T o ta l...................
Deduct—
Inter***! on tionda...
lot. on car tru*t*....
Rental*
.................
In vide id* ..... ........
M Ucellaoeoua..........
606,702
59 *,773
def. 72.245 aur. 51,182
• Include* Tol. Col. A Cln. from Nov. 1, 1892, to June 30, 1893.
BALANCE SHEET JUNE 30, 1896.
1890.
1895.
1894.
A ssets—
0
0
*
Cost of road and e q u ip m e n t........ 15,076,664 14,878,157 14.247,762
B ill* and a ccou n t* r e c e iv a b le ... . . .
4 *8 9 8 0
420 .81 <
42 1,1 18
penutti ent investment* . . . . . . . . . 3,40o,’*78 3,346,749
3,205,986
Bnpoite*. .
107.171
75,382
82,7*6
C a s h ...........................................................
8 ,5 5 2
11,5 76
1 ."4 2
Trust Co. for d iv .,e tc ...
2 1 .9 4 7
82,207
80.994
T rdal a sset* ......................................1 9.1 1 8 ,3 1 2
18.814,886
18.131.239
C a s h w ith
lAakitihes
Stock, common................... .
. . . 6,500,000
St* ck. preferred................................ 3,70g.o00
Bond*
.......................................................................
7 ,4 0 0 ,0 0 0
Car trust*..............................
3e3,2O0
B i l l * a n d a c o t * . p a y . , w a w -e * . e t c . .
In te r e s t c « » "p o n * , d iv id e n d * , e t c ...
Incom e a c c o u n t . . . . . . .................................
8 3 5 ,1 2 7
1 2 * ,7 2 0
5 8 8 .2 5 1
Total II thOttle*............... ............ 19,116,312
—V. 03, p. 457.
6.500.000
8.590.000
3.708.0 *0 3.708.000
6,101,pop
5,5n»,000
017,664
488.600
974.501
1,198.570
1 13, 84
11 *,97 J
717.789
71*0.74 J
18,814,886
18,131,239
1894-95.
1893-94.
$
$
70,534
76.568
1,105,287 1,028 910
17.904
20,055
1892-93.
$
73,432
1,250.586
23,182
Total earnings______ 1,375.939 1,273,725 1,125,533 1,347,200
Maintenance of way, <Ae.
150,020
166, ICO
190,970 )
Maintenance o f equip’ t,.
166,685
164.144
154.257
Trattin expenses..............
295,208
332.095
303,948 I
General ...........................
33,371
30,217
61,294 1) 617,231
Construction, &o..............
10,448
1,477
84,411
Taxes ................................
1,055
757
H7 J
Of the 87 locomotives (a reduction of one) there are
equipped with air brakes 87, with steam heat 37, with air
signals 41 and with M. C. B. couplers 22. The 34 cars in pas
senger service are all equipp d with air signals, train brakes
e x p e n s e s .......
and s'eam beat. Of the 5 7 2 cars iu freight service (4.732 Net Total
e a r n in g s .......... ........
gondolas) there are S49 equipped with air brakes and 1,632 P c nper. exp. to earns.
with M. C. B. couplers. Miscellaneous cars num ier 108.
Other r e ce ip ts.................
Directors —The directors and the years in which their terms
Total ..........................
expire a re :
Disbursements—
N am e—
C. L e d y a r d
1895 96.
$
74,042
1,284,793
17,104
Interest on bonds .........
Inte rest on Host. d e b t...
Car trust disbursements
State t a r e s .......................
Dividends .......................
Misceilaneoofe .................
657,587
718.352
(47-79)
694.791
578,934
(54-55)
795,726
329,007
(70-69)
25,000
617,231
729 969
(15-82)
718,352
579,934
3)4.807
729,969
225,000
225,000
212,882
108,052
31,293
220,000
2,228
74.106
27,753
22 >.000
1,050
90.421
28.539
220.00)
1,130
210,833
4.455
94,145
20,771
217,500
1,079
T o t a l ..........................
507.473
547.909
552,972
548,784
Surplus ...........................
130,979
30,935 il f.198,165
18L,185
CONDENSED GENERAL BALANCE SHEET JUNE 30.
1896.
1895.
1894.
1893.
Assets 9
$
*
$
Road ami equipment . . . 10,701,429 10,731,358 10,725,954 10.000,000
679.918
Adv«n<*es for cons., etc.
679.918
750,000
679,918
Due by agents, etc..........
3 10,OJO
498,492
376,2 14
80,284
81,049
85,245
Fuel and supplies___. . .
49,366
73,042
167,675
189,0 45
Cash on h a n d ..................
134,172
181,749
2 43,200
L ocom o11ves—f rei ght___
106.977
627,295
33,696
M iscellaneous.................
27,184
17,184
17,184
Total
........................ 12,005,335 11,983,222 11,706,130 12,533,951
Liabilities—
S t o c k .................
Bonds <.ee S upplement )
Iater’ t on bon dsaccrued
Rental o f eqnlpm ’ t do
Dlvldeud July l ............
W age-, supplies, etc. . . .
Due other r.iada, etc . . .
l'rotlt and loss ................
5,500,000 5,500.000
5,500 0 )0 5 ,5 00,0 0)
112.5 0 j 112.500
59,075
3,854
55,000
55,000
68.143
71,704
3S3.004 553,423
322,613
101.736
5,500,000 5.500.000
5,500.003 5,250.000
112.500
106,250
17,133
17,013
f .5.000
55.000
83,364
109,911
332 332 1,135,011
160,801
358,966
Total .......... ............... 12,005,335 11,983,222 11,766,130 12,533,951
—5T. 61, p. 792.
GENERAL INVESTMENT NEWS.
Reorganizations, Etc. -Latest D ita a s to Defaults, Reor
ganization Plans, Payment o f Ooerdue Coupons, Etc.—4.11
facts of this nature appearing since the oublioati >n of the last
issues of th“ I nvestors ’ and St r e e t R a il w a y S u p p le m e n t s
may be readily found oy means of tne following index. This
index does not include matter in to-day’s C h r o n ic l e .
I3T For some, minor companies see also index in C h r o n i c l e
of September 12, page £57.
R v il r o a o s a n d M is c e l . C o ’ 8.
V o lu m e 6 3 —
Page
A lto o n a Cloarfleld k N o......... re c n r . ®'*1
» m eric *n \Vaf4W W o rk s ..........re o r q . 208
A tlan tic A Pacific . . . . . . .
fo r e l
Balt. A O h io..cou p.152,188,858. 558, 701
Bay S a to Gas ....................... r e c u r s . 701
C buttunoova S o u th e rn ........... re o rq . 4 o l
O h e n * F v f b e « t « r .............. — r e n r .. r>f ’ bcHaDeake O hio k Southw . .aol l . 188
Chester A Lenoir., . r e o r q ., £ 2 7 ; a tie . 404
C hicago A N orthern P a c.. *nle. 650, •5L
C incinnati l/n io n & C h icago...*'!/*. 0 H
C olorado M idland. ....... s t a t u s . 559, 702
Colum bus A H ooking C. A I . .r e o r q . 550
Colum bus H ock . V. A T o l — p l o t . 22-*
Colum bus S o u th e rn ............ — s a le . 45m
D etroit G a s .......... .................... c o u p . 001
D etroit Lansing A N orthern s n 'e . 45 m
Duluth T ra n sfe r B y .............. r e e v r . 604
Dulutii A W in n ipeg.p h m . 180, 5 4, 0 " i
Sr. Rap, A In d .. n P in , 153 ; c o u p . 220, 601
H ou ston E A W T e x a s .........p i t o . 250
Ind. A L ike M ich.d*/. 407; com.504. 001
In in Car Equipm en t................... c o m . 458
Kansas City A unaha............ < eorg. 601
K en tu cky A Ind. B ridge. . . . s t a t u s 004
L ou isville N. A . A C h ic a g o ... r e c n r . 3.j 7
do
do
c o m . 40,2; d ^ t. 559. 6 0 1
do
do
. r o r g . 652; p l a n . 702
M em phis A C h a r le s t o n .......... r-urrq. 3lo
M exican National .. r e a d j u s t m e d . 6»l»
Murray H ill Bank, N. Y ....... r - e v r s . 501
New Orlean** A S o u th e r n .. . . s t i r . 560
N orfolk A W e ste rn ....... coup pur. 189
do
do
....... la s t oa ses*. In4
do
d o S o ld . 504; rw</.56u, OOi
N orthern P a c ....... s o l d . 189; i n t . p d 602
do
d o ___ i‘ U t a sse**.l.> 4 . <58
Ogd. A L. Cham . .. .c o m . a n d p l a n . 358
do
do . .r e o r q . 4o2; rrcvr.560, 601
do
do .. .d e p o s it s . 602: r e c u r . 715
O hio Southern.......... coup. 459; s a le . H
O regon im p — d e f a u l t . 155; r e o r q . 190
do
.................................. c o u p . 715 .
O regon Bit. A N avigation ......... i n t . 3 it I
R a i l r o a d a nd M is c e l . G o ’ s ( C on .)
V o lu m e
63—
Page.
Or. S h .L . A U tah N o . p l a n e f f e c t i v e . 358
do
do
.c o u p . 515,560, 602
P eoria D ecatur A E vans v . . . c o u p . 358
Philadelphia A Reading . . I t h i s s s s . 5*0
do
do
............ s o ld . 500, 661
do
do
r e e v c t f s . o a y m ' t . 715
Port Boyal A Augusta — l r nrn 5=o
P o rt Royal & W estern C a r ! reor<>- J0”
Q uincy Omaha A K. C
. . . r e o r q . 459
B ich m 'd ich. I. A 8.*a/e.501; c o m . 601
St Lou. A San F r . c o u o . , 155; a s se ss. 311
Seaboard A R oa n ok e...........c o n t r o l . 715
Sum m it Branch B it . . . . f o r e e l. * u i t . 359
Sunburv A Lewistown .c o n s o l. 5!0. 56L
Torre H m te A L ogansport.c >771.311, 501
Terre H aute A P d e f . 407; c o m . 516, 5U1
do
do
............ d e p o s i t s . 710
T o p e k a W a te r........................ 710
Union P acific........... c o u p . 190, 510, 004
do
do
_____ . d e f . m 8. / .8 s . 407
Unite 1 E levator Co.. St. L — c o m . 604
W atkins (J. B.) Laud A M ort.recur. 403
St r e e t R a i l w a y s .
V o l u m e 6 5—
P age.
B e lt By. (W ash in gton . D.C O .r e c v r . 559
Ch attanooga Elec r e e v r . 4 0 1 ; c o u p . 651
Chicago A So. Side R T .. .»o/fi. 504, 001
C ln .dn cl. P la n o . ) u d u n c u t r e v e r s e d . 051
Colurahla A Md. O m * t . C o ... .r e c u r . 458
Colum bus (O .) Central S t....re cu r. 402
D etroit Railway .......... n e " n a m e . 40 i
E ckingt'n A Soldiers’ IIom e(W ash ington. D. C . ) .................
recur. 559
Ft. W avne Consol. St. Tty . . r e e n r . 458
H ouston Belt A M agnolia P k ..s o u l. 458
K ings C ounty El. (B ’ klyn) ..r e e n r . 402
L. O ntario A Riverside (O sw ego,
N Y ) ........ .................. d e f ,. r e c u r . 6o2
M etropolitan W . S. EITCh’eol.cou p. 310
Newark A G ranville E lec... .r e c u r . 0u2
Stillw ater (M inn.) St. R v ......... s a le . 510
28th A 29th Streots R y .............. so ld . 002
Befell Creek Railroad.
CHrport fo r fUral year ending June SO, 1S0G.J
This rood is leased lo the New York Central & Hudson
Hirer RK Co . but is operat-<1 as an independent oriia ozi
tion. I s traffic is mainly coal and coke, this in 181*3 96 a*
KT*eatinu 3.201,059 [out of a total tonnai<« carried o' 3 399.894J ton-, this figure eonira ting with 2 968,004 and 2,397,838
tons respectively in 1895 and 1894. The rate per ton per mile
in 1896 was ’Sa cents, the same as in 1894-95. The tons
of freight en.«t-bound were 3,327.207 in number and westboon d only 72.687, the traffic being mostly coal east-nound.
B iy SUte ^a«.— Receivership Case.—Judge Wales, in the
The sTetaae fr-iuht train load is eery larjfe, in 1895-96 593
tons against 575 in 1894-95. The freight earnings per train United S'ates Court in Wilmington, Del., Thursday, reserved
mile were
25 actios $ i 21. The bridges, etc., ar» as (ol his decision on the motion to dismiss the Receivers of the Bay
lows: HK<r-^.ite len rth, stone, 47 feet; iron, 7 593 feet; trestles, State G ib Company. The c h a r g e of contempt against J.
8 70 feet; tunnels, 3,791 feet, all the same as in the previous Edward Addicks and his attorneys was not proven. Dwight
764
THE CHRONICLE.
Braman has been appointed receiver of the Bay State Gas
Co. in Massachusetts and New York, and Dwight Braman and
Jainos McCauley receivers for Pennsylvania and New Jersey.
—V. 63, p. 701.
Central Vermont R R .—Ogdensbnrg & Lake Champlain
R R .—Rutland R R.—Mr. Stephen Little’s Report—Mr. Litle’s report on the Central Vermont has not yet been printed,
but according to the “ Boston News Bureau” he finds: “ The
accounts have been regularly kept and he has adopted the
accounts of the Auditor of the Central Vermont, with the
exception that he charges to operating expenses money which
the Central Vt. has always charged to improvement account
and depreciation of equipment, and this of course reduces net
earnings. He makes the Central Vermont road show an av
erage annual loss for the three years of about $250,000, and
places the operating expenses at about 70 per cent of gross
earnings, with everything charged to expenses. He finds the
floating debt and fixed charges just as represented by the
company, floating debt amounting to about $2,500,000, which
is largely held by the Grand Trunk Ry. The unpleasant
feature of the whole report is the showing of the Ogdensburg & Lake Champlain and Rutland railroads, for it shows
that the misfortunes of the Central Vermont were largely due
to these two leases, which the receivers have now given
up. Mr. Little says Rutland Railroad earnings were swelled
to the extent of $200,000 a year by the Central road sending
through freight over the Rutland road, the Central and Rut
land roads running nearly parallel, so that, deducting this
$200,000 a year, it is clearly evident that the Rutland lease,
whereby the Central Vermont pays that road $357,010 a year,
has been an unprofitable one. Ia the case of the Ogdensburg road the report shows that it has failed by a large
amount to pay for itself. The New London & Northern lease
has been a profitable on«, the road showing surplus earnings
last year of $70,000.”—V. 63, p. 601.
Denver & Rio Grande R R .—Annual Meeting —At the an
nual meeting of the stockholders held at Denver, Aug. 20, at
which nearly 80 per cent of the stock was represented, the
following directors were elected: George Coppell. Richard T.
Wilson, Wm. Mertens, Charles C Beaman, J. Eiward Sim
mons, Arthur Coppell, all of New York; John Lowber Welsh,
o f Philadelphia; Edward I. Jeffrey and Edward O. Wolcott,
of Denver. The remarks of the chairman of the Board of
Directors, Mr. George Coppell, at the annual meeting held
Oct. 20, 1896, were as follows:
[ VOL. LXIII,
about equally divided as to the amount. It is pointed out
that the general mortgage bonds when issued in 1890 realized
the company some $2,000,000 in cash and saved it from bank
ruptcy. The treatment given the generals under the plan is
considered equitable and avoids litigation which otherwise
would have ensuad. The priority of the consols is re
spected in giving them par for their principal ia the new
bonds running 50 years and preferred stock for the conces
sion in interest from 6 to 5 per cent. The equipment and
terminals are released and put under the new mortgage, and
the capital required for this purpose and for improving the
property is secured by the enlargement of the mortgage, the
only marketable security. The criticism that the earnings
show interest to have been earned on the consols loses sight
of the fact that capital is required to put the company in pos
session of the equipment and terminals whereby these results
have been attained and can be continued.—V. 6 ?, p. 702.
Mexican Railroads.—Rates Restored.—The Railway Traffic
Managers’ Association has been reorganized, all the roads
having joined. The old European schedule has been substan
tially re-adopted, while United States rates will soon be ar
ranged. The old pooling agreement was dissolved in Jane
last year.
New Orleans & Southern R R .—Louisiana Southern Ry.
—Reorganization.—The New Orleans & Southern RR. is ad
vertised to be sold in foreclosure Oct. 26. We learn that the
reorganization plan of March last has been abandoned and
that the property will be bought by a syndicate which pro
poses to transfer it to a new company to be called the Louisi
ana S outhern RR.—V. 63, p. 530.
New York & Northern Ry.—New York & Putnam R R .—
New Trial Granted.—The New York Court of Appeals on
Oct. 20 granted to the minori’.y stockholders of the New
i York & Northern a new trial to test the legality of the fore
closure proceedings by which the New York Central having
secured a controlling interest in the stock and second mort
gage bonds of the New York & Northern, was enabled to
buy the road at foreclosure sale and to reorganize it as the New
York & Putnam. The Court of Appeals finds that the lower
Court was in error “ in rejecting, as immaterial, evidence
offered by the appellmts tending to show that the New York
Central & Hudson River RR. Co., while in control of the
affairs of the New York & Northern Ry Co., declined to ac
cept traffic from other roads whioh would have produced a
fund with which to pay the interest due upon the bonds in
The annual report o f the com pany for the year ending June 30th suit;” also in rejecting other evidence, such as that intended
last [C h r o n i c l e o f Sept. 5, pages 397, 403.—E ds.] is so full in in for
m ation as to leave no room for further remarks on the past. A lthough to show “ that the income of the road which should have
the business o f the country has suffered iu the past few months to an been employed to pay the interest on such bonds was used
alm ost unprecedented degree o f dulness, and our earnings show som e for other and improper purposes.”— V. 62, p. 909.
failing off from those o f tne corresponding time last year, yet Colorado
is less depressed than most o f the Western States, and has quicker
Northern Pacific Ry —Bonds fo r $809,000 Called—The
recuperative pow er, ow ing to its varied industries, than the more
exclusively agricultural States. U nfortunately the Leadville strike Central Trust Co., trustee, gives notice that $809,000 of the
continues after some fou r m onths’ duration, and w e are heavy losers general first mortgage bonds have been drawn for redemption
in earnings in consequence o f it. The Presidential election has always at 110 for the sinking fund. Intereston the bonds ceases on Jan.
been a disturber o f trade, and this year, owing to the large local inter 1, 1897. The numbers of the bonds are given in our advertis
ests m ore or less involved in its result, business is sm aller in volum e
ing columns. The amount of the bonds ahead of the new
than usual.
A personal inspection o f the standard-gauge system, in oom pany prior lien bonds has now been graatly reduced. Ia addition
w ith the President, shows that its excellen t condition has been fully
to over $20,000,000 general first mortgage bonds (out of $41,maintained; in fa ct it is safe to say that with the introduction o f the
85-lb. steel rail in the main line, and the intention o f the board to 879,000) turned in for exchange under the plan. $340,000 paid
substitute that w eight for the lighter rails, as the financial con d ition with land sales ceased to draw interest July 1, 1896, and now
w ill admit from time to time, the physioal condition is better to d ay an additional $809,000 is to be paid off at 110. This is in ac
than it has ever been before.
The construction o f two short branches to points off the line whioh cordance with the expressed intention of the reorganizers to
w ould seem to warrant the expenditure is under consideration, and retire these bonds as fast as possible under the provisions of
other im provem ents are contem plated and wilt probably be under the deed of trust. All the outstanding Pend d’Oreille division
taken juBt as soon as the financial conditions o f the country ju stify bonds ($324,000) have been called for payment, interest ceas
the board iu inviting the necessary new capital.—V . 63, p. 397, 403.
ing Nov. 25, the numbers of these bonds having been given in
Grand Rapids & Indiana—Reorganization Notice—Notice the Chronicle of Oct, 3.— V. 63, p. 715.
is given that the time for the exchange of third mortgage
Oregon & California RR.— Land Case Decided Against the
5 per cent bonds of the Grand Rapids & Indiana RR. for cap
ital stock of the Grand Rapids & Indiana Ry. Go., upon the Government.— A press dispatch from Ban Francisco says that
terms named in the circular of July 10, 1896, is extended by a majority opinion the United States Circuit Court of Ap
until Nov. 1. 1896, after which date no further exchanges will peals has decided the case of the company and others against
the United States, better known as the “ overlap land case,”
be made.—V. 63, p. 601.
adversely to the Government. Judge It >ss rendered the
Green Bay Winona & St. Paul RR.—New Securities opinion, concurred in by Judge Hawley, reversing the decis
Oct. 26.—Holders of certificates of deposit for income bonds, ion of Judge Gilbert of the Oregon Circuit and remanding the
preferred stock and common stock who have paid the case to the lower Court with directions to dismiss it. Judge
assessments under the plan of reorganization will receive the McKenna rendered a dissenting opinion. The land involved
securities of the new company upon the surrender of those in the case is said to be about about 290,090 acres iu the
receipts at the office of the Manhattan Trust Company on or vicinity of Portland, Ore. It is thought the case will prob
after October 26.—V. 62, p. 1177.
ably be carried to the Supreme Court.—Y. 60, p. 1059.
Kentucky Midland R R —Sale S?f fo r Jan. J, 1897—This
Pullm an’s Palace Car.—Annual Report.—The printed re
40-mile road has been ordered sold Jan. 4, 1897, the upset port now at hand confirms the figures published last week
price being $150,000. The road has already been offered at (page 700) and shows the additional facts, incorrectly reported
auction three times within a little over a year, the upset price by the daily press, that the company had as assets June 30,
on these occasions being twice ;$320,000 and once $250,000, 1896, cash, $3,149,658, and loans, $5,930,44), a total of $9,080,but no bids were received. The upset price is no w reduced 098, contrasting with $8,883,065 last year. The number of
to $150,000.—V. 62, p. 364.
cars owned and controlled is 2,490, of which 2,230 are stand
and 260 tourist or second class cars. Th >re were built
Kings County ElevatedRR.—B ro o k ly n * Brighton Beach ard
R R.—Justice Clement has empowered General James Jourdan, during the year for the use of the oompany 50 cars, costing
as receiver of the Kings County Elevated to lease the $776,903.—V. 63, p. 700.
St. Panl & Northern Pacific Ry.—Northern Paeifle R y.—
Brooklyn & Brighton Beach RR., from Parkville to Brighton
Beach, for six months from Ootober 1. The lease will enable Meeting to Authorize Sale.—Notice is given that pursuant to
the Kings County to operate through trains from Fulton a resolution of the board of directors a special meetinr of the
stockholders of the St. Paul & Northern Pacific Railway will be
Ferry to Coney Island—V. 63, p. 502.
held Nov. 20 to pass on a proposed sale of all the railway,
Louisville New Albany & Chicago Ry.—Reorganization land grant and other property of the company to the North
Plan.—Upwards of $2,000,000 of the bonds were deposited ern Pacific Railway Company, and the terras of such sale, if
this week with the Central Trust Co. under the plan of reor
ganization, which was published in our last issue. The a sile shall be decided upon.—V. 63, p. 715.
deposits of the consols and generals are said to have been ‘ tw~ For other Investment Items see pane 7 5 6 .
October 24, 1896.]
THE CHRONICLE.
755
ROCHESTER &
PITTSBU RGH
RAILW AY CO M PAN Y.
1896.
Miles.
.240-09
. 14-68
. 30-93
. 27-76
. 26-20
1895.
Miles.
240-09
14-13
30-93
25-87
24-76
ANNUAL REPORT FOR YEAR ENDING JUNE 30, 1896.
.339-66
.132-07
335-78
121-42
3-88
10-65
.471*73
.441-73
457*20
425-20
14*53
16-53
BUFFALO
The Board of Directors of the Buffalo Rochester & Pitts
burgh Railway Company submit to the stockholders the fol
lowing report "for the year ending June 30, 1896 :
Increase.
•55
1*89
1-44
The increase of 3*88 miles in the length of road operated
is due to a re-measurement of the mine branches, the lease
of the Mahoning Valley RR., 1*89 miles long, and a new
arrangement in Buffalo, N. Y ., and Clearfield, Pa., for the
A n increase o f 3-70 per cent, o r..........................- ......... ._ $113,336 17 use of tracks of other roads.
The sidings were increased 8*77 per cent, or 10 65 miles,
O perating E xpen ses.......................................
$2,200,716 50
A gainst last year.......................................................................... 2,172,428 20 making the ratio of sidings to road operated at present time
38*88 per cent, as against 36*16 per cent last year.
Gross Earnings.............
A gainst last year...............................
¥3,179,776 57
3,066,440 40
2^,288 30
An increase o f 1*30 per cent, or.
Net E arn in gs.......... - ................ .............................................. .
A g ain st last year.......................................................................
$979,060 07
894,012 20
A n Increase o f 9*51 per cent, o r.......... ...........................
$85,047 37
C ost o f operating, including $20,553 32 extraordinary
expenses and im provem ents, and exclu d in g $37,888 50
mlsuellaneOna re ce ip ts.........................................................70*70 per cent
A gainst last y e a r...................................................................... 7 3 0 3 p e rcen t
$979,060 07
From the Net E a r n i n g s ........ ........................................ .
are to be d e d u cte d :
Interest on funded d e b t ....................................$603,900 82
Interest on floating debt................................ .
45,859 73
R ochester A rtttsburg Coal A Iron Co.—
Rental o f 500 c a r s ..........................................
16.200 00
Erie RR. Co —Rental o f t-a e k .......................... 37,260 00
Cleartt'd A M ahon's Ry. Co.—Rent, o f track. 71,500 00
M abouiug Valley ttR. Co.—Rental o f tra ck ..
2 ,5 0 0 0 0
63,642 17
Taxes.
840,862 72
Net i n c o m e . . . . . . . . . . . . . . . . . . . ------- ---------------. . . . . . . . . ----- E xtraordinary expenses and im provem ents....................
CONSTRUCTION.
The following amounts were charged to this account :
Filling trestles.................................................................................... $4,616 51
R '-laving track with heavy steel rails........................................... 24,606 70
New coaling st *tlon at D u B ois........................................................
4,304 11
New telegraph line........................................................................
3,6 111 3
9,407 87
Additional facilities—Ganson Street docks, Buffalo...................
Land and land dam ages...................................................................
4,767 96
New sta th m s.......................................................................................
3,935 83
Sidiugs and track extensions........................................................... 29,600 79
Discount on securities sold ............................................................... 14,450 00
3,933 27
Sundry m iscellaneous item s..............
Total ..........................................................................................$103,234 17
During the year 32 14-100 miles of main track were relaid
with standard steel raiLs, weighing 80 lbs. to the y a r d making a total mileage of 137 74-100 miles, or 40*55 per cent
of the total road mileage operated, now equipped with the
heavy rail, as against 31*45 per cent last year.
$138,197 35
Sidings were increased 10*65 miles,
20,553 32
Proflt ...........................................................................................
Against last year .....................................................................
$117,644 03
42,669 04
Antncreaseof 175*71 per cent, o r . . . . . . . . . . . . . .........
$74,9~499
A fter meeting all the fixed liabilities o f the year and
expending $20,553 32 for extraordinary expenses and im
provements, there remained the sum o f $117,644 03 to be
carried to the credit of profit and loss account.
The gain in revenue is the result of a slight advance in
the rate received per ton per mile—being 4*78 mills, as
against 4*66 mills a year ago—an increase o f 12-100 of a
mill. This is the first year since 1890 tliat shows an im
proved rate over the preceding year.
The small increase in expenses may be wholly assigned to
two causes—the large outlays made in the Maintenance of
W ar Department, for renewal o f bridgesand re-laying track
witfi heavier steel rails ; the steady work done in the Main
tenance of Equipment Department throughout the year, to
secure an improvement in the condition o f the rolling stock.
In addition to keeping our own shops running to their
utmost capacity, $96,427 10 was paid to outside shops for the
rebuilding of locomotives and cars and the amount charged
to expenses.
In consequence the cost per ton per mile was slightly
higher, being 3*24 mills as against 3*22 mills last year, an
of 2-100
of a
However, as a result of the
iincrease
n c r e a s e 01
e i w 01
■* mill.
u * u i.
improved physical condition of the property, we expect a
year
reduction in the expense o f operation for the*ensuing
ensi
EQUIPMENT.
There was expended for new rolling stock as follows:
Five hundred and thirteen freight oars, includ
ing 500 cars bought from the R ochester A
Pittsburgh Coal A Iron C o................................ $276,350 55
Tw elve Company's service o a r s ..........................
1,974 33
A ir brakes, autom atic couplers and other bet
terments ................................................................
25,883 91
------------------ $304,208 79
The account was credited for equipment, wrecked
and destroyed charged to operating expenses:
Eighty tw o freight oars. ..................................... $32 419 89
8even C om pany's servioe c a r s .............................
3,439 00
Difference in value o f 206 box and gondola
cars changed to flat c a rs..................................... 13,875 00
Making a net increase of.
49,733 80
$254,474 99
Of the above equipment, one freight car and three com
pany’s service cars were built at the company’s shops.
Included in the amount expended for equipment is
$270,000 00, the cost of 500 box cars purchased from the
Rochester & Pittsburgh Coal & Iron Company, These cars
were heretofore leased from the said coal company at an
annual rental o f $16,200. The purchase did not entail any
increase in the indebtedness of your company, as the pay
ment was made by the surrender of a note for $270,000 of
the Coal & Iron Company held by the Railway Company.
BONDED DEBT.
There were issued during the year $289,000 of the general
TRAFFIC .
mortgage five per cent bonds, and the proceeds applied to
The revenue tonnage moved was as follows :
the reduction of the floating debt caused by expenditures
Bituminous Coal.........................
*-.433,165
for new construction and rolling stock.
Last year.............................................................................. 2,53.*),008
$140,000 car trust bonds matured and were paid off.
4 ; _ yment o f $5,000 was made on the real estate mortA decrease of 4*02 per cent, or...............................
101,843
Coke___. . . . . . . . . . ...........
367,275
gages.
I.a«t year.............................................................................. 259,425
The net result is an increase of $144,000 ih the total bonded
107,850 debt of the Company.
An increase of 41*57 per cent, o r ....................... . .
Other Fl eight.....................................................................
Last year.............................
975,064
960,513
TH E MAHONING V A L L E Y RR . CO.
This road, extending from Stanley, Pa., to Helvetia, Pa.—*
14,551 1 89-100 miles—together with 1 locomotive, 1 combination
An Increase of 1*51 per cent, or.............................
Grand t 'tal tonnage.......................................................... 3,775,504
coach and 402 freight cars, was leased from May 1st, 1896,
Last y e a r ...............
3,754,946
for the term of its corporate existence, at an annual rental
A net Increase o f 0*55 per cent, o r . . . . . . . . . . . . . . . .
20,558 o f $15,000 00.
The bituminous coal tonnage, compared with the excep
ROCHESTER A PITTSBURGH COAL & IRON COMPANY.
tionally large movement of the preceding year, shows a
The operation of the Rochester & Pittsburgh Coal & Iron
slight decrease.
Company for the fiscal year, after deducting $43,333 ~8
Owing to the revival of the various iron industries, the bonds that were paid off out of the net earnings, shows a
coke tonnage for this year was the largest in the history of profit of $95,494 87. Against this profit the Company
the company.
charged $94,507 53. being all but $4,134 29 of the total
In other freight—bark, brick, stone and merchandise show amount expended during the year for development or mines,
large increases; whilst the items of salt, ice, hay and mining machinery, buildings, equipment and construction.
anthracite culm decreased—the net results being a slight
The Helvetia mining property, comprising 7,261 acres ot
improvement over the preceding rear in total tonnage.
coal lands and rights in Jefferson and Clearfield counties,
The passenger traffic was as follow s:
Pa., was purchased on May 1st, 1896, for $1,100,000 in 5 per
cent purchase money mortgage thirty-year sinking fund
gold bonds. As additional security for these bonds, there is
A decrease o f 0*0$ per cent, o r....................................................
600 pledged with their Trustee the capital stock of the Mahoning
While the number o f passengers carried shows a slight Valiev Rd. Co. The sinking fund on the bonds is at the
decrease, there was a gam in revenue due to an increase of rate of four (4c.) cents per net ton of coal mined after May
the average distance each passenger was carried and an 1st. 1899, to be applied to retiring the bonds, by lot, at 110
and interest.
- * —
increase in the rate received per passenger per mile,
756
THE CHRONICLE.
JEFFERSON & C L E A R F IE LD COAL & IR O N COM PANY.
T h is c o m p a n y w as o rg a n ize d t o a cq u ir e th e p ro p e rtie s
h e re to fo re b e lo n g in g to th e B ell, L e w is & Y a t e s C oal M in
in g C o m p a n y a n d to th e firm o f B e ll & L e w is . I t c r e a t e d
th e fo llo w in g s e cu r itie s :
$2,000,000— 1st M ortga ge 5 p e r c e n t th ir ty -y e a r s in k in g
fu n d g o ld b o n d s.
$1,000,000— 2nd M o rtg a g e 5 per c e n t th ir ty -y e a r s in k in g
fu n d g o ld bon d s.
§1,500,000— 5 p e r c e n t P r e fe rre d s to ck , n o n cu m u la tiv e , a n d
$1,500,000— C om m on s to ck .
These s e cu ritie s w ere issued in p a y m e n t f o r th e p rop erties
pu rch a sed , a n d t o p ro v id e a ca sh w o r k in g ca p ita l o f $300,000.
T h e R o ch e ste r & P itts b u rg h C oal & Iron C om p a n y b o u g h t
th e fo llo w in g secu ritie s o f th e J efferson & C lea rfield C oa l &
Ir o n C o m p a n y :
$500,000— 1st M ortga ge 5 p er c e n t s in k in g fu n d b on d s.
$300,000— P r e fe rre d s to ck , and
$1,500,000— C om m on s to ck .
O n th e basis o f th e re p orted ea rn in g s o f th e p u rch a sed
p rop e rtie s fo r a series o f years, th ese secu rities w ill earn th e
in te re st o n th e ir cost.
A rra n g e m e n ts h a v e b e e n e n te re d in to u n d e r w h ic h th e
p r o d u c t o f b o th co m p a n ie s w ill b e disp osed o f b y a c o m m o n
sales a g e n cy .
T he B oa rd desires t o exp ress its th a n k s t o th e officers fo r
th e e fficie n t s e rv ice s re n d e re d b y th em .
S ta te m e n ts a n d s ta tistics o f th e op era tion s fo r th e y e a r
are s u b m itte d h e re w ith .
B y o rd e r o f th e B oa rd ,
A R T H U R G. YA TE S,
________________________________________________President.
Standard Rope & Twine Co.—New Securities Ready in
November—The-new securities wdl be issuea early in Novem
ber. A list of the properties owned by the U. S. Cordage Co
was published in the C h r o n ic l e of May 12, 1894, page 820.
The new company has taken only the best of the old proper
ties, the balance beiDg foreclosed, and will be turned over
either as property or in cash.—V. 63, p. 602.
Terre Haute & L 'gan sport R R .—Bondholders' A gree
ment.—At a meeting of more than a ma j in ty of the holders
of the first mortgage bonds, a committee, of which Moses L.
Scudder is chairman, was appointed to prepare a bondholders’
agreement and to ask for a deposit of bonds with the New
York Security & Trust Co. wi.hout ddav. Copies of the
agreement may be obtained at the offi e of the Trust Co. or
from any member of the committee.—V. 63, p. 561.
Toledo & Ohio Central Ry.—Dividend on Preferred Stock
Deferred.—As to the dividend on the preferred shares which
is usually paid about Oct. 28, we are officially informed that
“ the directors at their last meeting decided to defer action
on this matter until the result of the November election is
known.” —V. 63, p. 457.
Toledo St. Louis & Kansas City Ry.—Progress in Fore
closure Proceedings.—The Court has fixed Dec. 1 as the
limit in which the respondents may take testimony in the
suit to foreclose the first mortgage. The appeal in the pre
ferred stockholders’ suit, it is expected, will be argued at
Cincinnati about Nov. 15 ; see C h r o n ic l e , issue July 4.
Action o f Joint Traffic Association. —In view of the al
leged persistent irregularities of thi- road (popularly knowo
as the Clover Leaf) in the matter of rates, wnereby as claimed
it has secured business at the expense of other roals and has
violated the provision of the Inter-State Commerce Act, the
managers of the Association this week “ caused orders to be
issued through the proper officers of Western connecting
lines to sever all relations with the offending road so far as
passenger traffic goes. Ticket agents of the roads that owe
allegiance to the loint Traffic Association were instructed to
sell do tickets over the Clover Leaf ; conductors on associa
tion lines must not honor any Clover Leaf tickets, and associa
tion baggagemen are forbidden from handling any Clover Leaf
baggage.” This order was to go into eff cc on Thursday, bui
Judge Ricks, in the United States Circuit Court at Cleveland,
issued a restraining order which has thus far prevented the
plan from beit g put into effect. The case will be heard Dec.
1.—V. 63, p. 76.
Union Sugar Refining Co.—New Company Incorporated.—
This company with authorized capital stock of $2,000,000 has
been incorporated at Trenton, N. J., the incorporators being
Charles and Joseph B iker and Herman Hoops, of Philadei
phia, and Warren S. Williams, of Beverly. The main office
of the company will be in Camden.
Waterbury Rope Co .—Company Begins Operations —
This company, of which James M. Wateroury, formerly Pres
ident of the National Cordage Compjuy, is the President,
began operations this week. The company’s offices are at 66
South Street, and it is stated to have “ an extensive plant,’
equipped with modern machinery, at the corner of B-rry
and North Eleventh streets in the Eastern District, Brooklyn
All kinds of manila and sisal rope, it is stated, including oilwell cables, will be manufactured.
West Chicago Street RR.—New Mortgage.—This company
has arranged to execute a consohd ted mortgage for § 10,000, 000, into which the present §4,000,000 of first mortgage bonds
and the §6,000,000 of debentures will be refunded. The new
bonds will be payable in gold and bear 5 per cent interest.—
V. 63, p. 407,
% hz
[VOL. LXIII.
ODammercmi
COMMERCIAL
3
ftmes.
EPITOME.
F riday Nioht . Oct. 23.1 8 96 .
Business during the past week has continued to be inter
fered with in some measure by the political situation and the
stringent money market; the result is that merchants have
pursued a hand-to-mouth policy. The general feeling, how
ever, has continued to be one of confidence, inasmuch as the
success of the sound-money candidates is generally considered
assured and a revival of business is anticipated in most
lines of trade immediately following the national election.
Additional large engagements of gold for export to New
York have been made in London, and on Thursday the Bank
of England further advanced its minimum rate of discount
to 4 per cent. This had to important effect in financial
circles, as it was anticipated. There has been a very excited
sprculation in wheat and a sharp advauce in prices was sub
sequently lost.
Only a very limited amount of business has been transacted,
in the market for lard on the spot, but pric-s have advanced,
and the close was steady at 4'62f£c. for prime W jstera, 4'40c.
for prime City and 5c. for refined for the Continent. There
has been no tradi g in the loci! market for lard fu ares, but
at the West speculttion has been moderately active. Early
in the week there was an advance, which was subsequen ly
lost, but to-day there was a partial recovery and the close
was steady.
DAILY CLOSING PRICES OP LARD FUTURB8 .
O ctob er........................... o.
Sai.
4-65
ifon .
4-75
Tuts.
4-65
Wed.
4-55
Thur.
Fr:.
4 5 5 4-00
Pork has been in moderately active d »m and at steady
prices, closing at $S50<t$9 00 for mess, $11 00@§12 00 for
family and §9 00@§IO 50 for short clear. Cut meats have had
only a very limited call, nut values have held steady, closing
at 5J^@5^c. for pickled bel i s, 10 to 12 lbs. average, 4 ;. for
pickled shoulders and 9§9J^c. for pickled hams. Beef has
been in fairlv good demand and fi-m, closing at $7 00<t§7 50
for mess. $8 00'Ǥ9 00 for packet, $9 00@|10 00 for family and
§11 0U@$13 00 for extra India mess. Beef hams have
been steady at $15 50@$i6 00. Tallow has declined,
closing with fairly large sabs at 3J£o. Oleo stearins has been
qntet but steady at 5i£c. Lard stearine has not changed and
was quoted nominally at 5f{o. Cotton seed oil has b >so less
active and prices have declined, closing quiet at 22@23c. for
prime crude and 265^ d)27c. for prime yell « , Butter nas been
in demand and bigner, cl ising firm at 121^48200. for creamery.
Cheese has had a fair sale at firm prices, closing at 7^@10}^c.
for State factory, full cream. Fresh eggs have be-u in fair
demand for choice and farmer, closing at 18%@19c. for
Western.
Coffee of Brazil growth has baen in less active demand and
as off-rings have increased fro n primal points at lower orices,
the local market has weakeaed slightly, closing at 10% c. for
Rio No. 7. The desirable grides of mild coffee have oeen in
fair request, and as supplies have been limited prices have
advanced, closing firm at 161^5. for good Cucuta and 23c. for
standard Java. There has been less activity to tne speculative
dealings in the market for contracts and prices have declined
under foreign selling prompted by increased crop esiimices,
closing quiet.
The following were the closing prices:
O c t .......... ..10'25o. |Jan ...... ........... 9-60o. I April .............. 9 608.
Nov............... 9-75c. Feb ...............
9*60c.M a y ...... ..... 9'60o.
Deo................ 9-60o. IM a r o b ............ 9-60o.1June.............. 9-60o.
Raw sugars have been salable at firm prices, me importers
have been indifferent and the business trin sictei has been
small, closing at 3 1-I6c. 'for centrifugals, 9o-deg. test, and
~%o, for muscovado, 89 deg test. Rsfiaed sugars have been
in moderate demand and steady; granulate! was quoted at
4Jjjc. Teas and oth-r stiple groceries have oeea steiiy.
Kentucky tobacco has sol i more freely and at firm prices.
Sales 200 hhds. Seed-leaf tobicco has been dull but values
have held about steady. Sales for the we -k were 700 cases, as
follows : 300 cases 1895 crop, N <w Eugland Hivana, 16@35c.;
150 cases 1895 crop, Zi m n-r's. private terms; 100 cases 1^93
crop, Wisconsin Hivana, 8 ^ 10c and 150 cases suniries, 4}^
@ l 6c.; also 1,00' bales H ivana, 70c.@$l 10, and 125 bales
Sumatra, 60c.@§1 80 iu bond.
Early in the week there was a decline in the market for
Straits tin in response to weaker foreigo advices. Subsequently,
however, foreign markets turned stronger and the loss was
recovered, cl ising firm at 12 90@l3c. Ingot copper has been
in limbed demand, and the close was firm at 10-75 3) 10 85c,
for lake. Lead has advanced, closing firm at 2‘8o@2 90c. for
domestic. Spelter has also been higher and the close was
firm at 3 70 33 75c. Pig iron has been in fair demand and
steadv at §10 23@$12 50 for domestic.
Refined petroleum has been steady, closing at 6'90c. in
bbls., 4 40c. in bulk and 7 '85c. incases; crude in bbls. has
been nominal; naphtha dull at 7l^c. Gru ie certificates have
been neglected, cl ising steady at §1 14^ oid. Spirits turpen
tine has been dull and lower, clo-ing at 2d^^29c. Rosins
have been in fair demand and firm at $1 90 for c J nmoa and
good strained. Wool has been moderately active at steady
prices. Hops have bad a moderate call at steady values.
757
THE CHRONICLE
OCTOBER 24, le96.]
In a Idition to above exports, our telegrams to-night also
give us the following amounts o f cotton on shipboard, not
October 23, 1896.
cleared,
at the ports named. We add similar figures for
T h e M o v e m e n t o f t h e C r o p , as indicated by our telegrams
from tbe South to-night, is given below. For the week endin g New York, which are prepared for our special use by Messrs.
tfiis evening the total receipts have reached 330,571 bales,
ON SHIPBOARD, NOT CLEARED FOR—
against 311,6” bales last week and 331,230 bales the previous
Leaving
Oct. 23 at—
week, asking the total receipts since the 1st of Sept., 1896,
Great
Other Coast
stock.
Total.
3,006,302 bales, against 1,369,821 bales for the same period of
Britain. France. Foreign wise.
1895, showing an increase since Sept. 1,1896, of 636,481 bales.
C O T T O N .
F r id a y N ig h t ,
Receipts at—
Sat.
Tues.
Mon.
Wed.
Thurt. 1 Fri.
Total.
G a lv eston ......... 19.623 18,084 10,092 10,941 10.222, 9.744
T ex. City, Ac. 1,426
991
429 1,214 2,068
S ew O rlean s... 15,311 21,077 31,519 16,723 10,624 9.501
M o b ile . . . . . . . . .
2,210 4,638 1,409 1,374 3,467! 2,183
.........| 4,591
Savannah ........
7,927 6,310 8,160 4,513 4,936' 5,766
...... . . . . . . ......... 5,124
B n m sw ’k, Ac.
......
......
C harleston.......
2,831 4.491 2,977 3,538 2,959| 4,331
___ ...... ...... .........
Pt. Royal, A c. . . . . . .
50
W ilm ington___ 3,616 3,691 3,228 1,920 2,784j 1,903
......
......
Wash’ ton, Ac.
......
........ 1
58
N orfolk.............. 3,267 5,474 5,045 5,823 7,307 6,772
.
.
.
.
.
.
......
.
.
.
.
.
.
.
.
.
.
.
.
West P oint.......
......
......
...... .........
N’ port S .t Ac. . . . . . .
923
........
707
329
1,030 1,031
B o sto n ..............
705
501
536
445 1,013
756
...... . . . . . .
B altim ore......... . . . . . .
749
Philade l ph*atAc
194
319
136
111
172|
410
.
Tot’lfl this week 52,546 65.083 61,874 46,883 45,470i 55,710
74,713
6,123
104.758
15,731
4,594
37,242
5,124
21,177
50
17,142
58
33,688
923
3,147
3,956
748
1,342
330,571
The foil iwing shows the week s total receipts, the total since
8ept. 1, 1896, and the stock to-night, compared with astyear.
Receipts to
Oct. 23.
8tack.
1895.
1896.
This Since Sep.
Week. 1, 1896.
This Since Sep.
Week. 1, 1895.
1896.
1895.
212,283
7,032
305,522
46,561
144.331
5,747
314,822
27,971
116,366
10,078
81,102
95,958
12.849
52,974
34,772
19,959
72,558
1,432
145,537
10,000
8,268
5,855
33,619
11,132
582
160,581
7,000
8,719
6,276
T o t a l s ..... 330,571 2,006,302' 295,438 1,369.821 1,063,3911
902,520
Galveston - .. 74,713
T ex. C ..A c.
6,129
New Orleans 104,758
Mobile . . . . . . 15,781
4,59-1
Florida........
Savannah .. . 37,2 42
B r'wlok. Ac
P M
Charleston.. 21.177
P. Royal,Ac
50
Wilmington. 17,142
Wash'n,Ac.
58
N
33,638
West Point..
923
N’ p’ tJf., Ao
New Y o rk ...
3.117
B oston ..........
3,996
B altim ore.. .
748
Phi lad el., Ac.
1,312
470,092
36,103
607,020
77,445
8,463|
261,693
34,941
152,803
4,423i
97,889
285
214,047
50
3.393
8,832;
17,291
6,013
5,514
62,411
5,427
101,985
12,234
553
45,683
4,622
13,140
36
9,977
67
18,133
10,657
783
450
6,989
974
1,217
i
297,013)
13,190,
415.096
56,139'
2,559
259.380
24,5111
107,979
8,761
64,160
179
59,990
32,099
2,667
2,850
11,721
2,367
9.155
New Orleans...
G alveston........
Savannah.........
C harleston. . . .
M ob ile..............
N o rfo lk ............
New Y ork........
Other p orts___
22,618
57,537
3,000
8.200
29.000
38.000
5,150
31.000
14,224
26,095
1,000
None.
None.
None.
500
None.
27.234
14.189
15.000
23,300
5.500
10.000
3.500
13,000
523
1,882
None.
2,300
None.
11,000
None.
None.
64,599
99,703
19.000
33,800
34,500
59.000
9,150
44.000
240,923
112,585
97,336
47,302
12,061
13,558
136,3*47
39,457
Total 1 8 9 6 ... 194,505
41,919 111,723 15.705
363,752
699,639
Total 1 8 9 5 ... 86,553
Total 1 8 9 4 ... 153,435
44.91*2 91,277 23,964
50.418 118,533 10.700
246,706
333,086
655,814
487,261
Speculation in cotton for future delivery has been quiet
and the fluctuations in prices have been within narrow
limits. Early in the week there was an upward tendency to
values, largely the result of advices from the South reporting
frost, which it was feared wo uld damage the top crop to a
considerable extent. Monday the market opened at an ad
vance of 13@17 points on the frost reports and buying for
foreign and Southern account. Later in the day, however,
there were realizing sales, prompted by the continued full
movement of the crop, and most of the improvement was
lost. Tuesday there was an improvement of 2 to 3 points in
prices. Wednesday there was an easier tendency to the
market, as predicted frosts failed to materialize and
for the day prices showed a loss of 1 to 3 points. Thursday
there was a dull market, as there had developed a general
disposition to keep from active trading until after the na
tional election, and the course of prices was downward
under the pressure o f actual cotton, the result largely of
: stringent money conditions, although more favorable
I weather conditions at the South also had a depressing influ' ence. The close was at a loss of 6 to 7 points for the day. To
day there was increased activity to the trading and prices
advanced. The opening was 5 to 7 points higher in response
to unexpectedly stronger advices from Liverpool, and later
in the day there was a further advance on moderate buying,
stimulated by the interior receipts for the week, showing a
decreased movement o f the crop. The close was very steady,
at an advance of 15 to 18 points for the day. Cotton on the
spot has been quiet but steady. To-day there was an advance
of 1- 6c., closing at 8c . for middling uplands.
The total sales for forward delivery for the week are
84 ).90) bales. For immediate delivery the total sales foot
up this week 10,735 bales, including ----- for export, 385
for consumption, -----for speculation and 10,400 on contract.
The following are the oticial quotations for each day of the
past week—October i7 to October 23.
dates on and off middling, as established Nov. 22, 1893,
and revised Dec. 11, 1895. by the Revision Committee at which
grades other than middling may be delivered on contract:
Off.
1
Fair...........................o. 114 on.
In order that comparison may be made with other years, we diddling Fair . . . . . . .. . 7g on. G ood Middling T in g e d ...
Even.
give twlow the totals at leading ports for six seasons.
Strict Good M id d lin g ..... Lj on. Strict M iddling 8 ta in ed .. 7:t2 oh.
Receipts at—|
j 1896.
1895.
( 1894.
i 1893.
| 1892.
Gaives’n Ac.
67,838
92,322
80.811
New Orleans 104.758 101,985 136,184
Mobile.........
:
-1 12,284
9,095
Savannah...
37,242
45,683
63,553
Ohaa’ton, Ac! 21,2x7
13,226
22,054
10,044
Wlku’ton, Ac i
22,110
10
Norfolk.......| 33,688
18, 133 ! 17,630
W. Point, Ac.!
923
11.440' 20,269
▲11 others...
18,911
14,805
1 4800
69,102
118.851
13,439
58,817;
22,708
14,359
32,637
15,516
12,809
Tot. this wk.
358.238
330,571
295,438
400,676
I 189 L.
lood di idling
...........
Strict Low d id d lin g .......
»,<a on
3lf oil.
off.
itriot G ood O rdinary....... n ,a o ff.
L ow d id d li n g .....................
56,049
72.345
9.459
59,254
27,965
11,638
16.069
18,579
19,112
3s
65,171
105.270
On thin ha*i0 the prices for a few' of
grades would
15,181 follows
56,340
UPLANDS.
S a l. U o ii T ues W ed I It.
30,8 H>
615 6
615,. 615,6
0,417
79, a T^ie 7916 7*16 7 ie
28.753
.Middling.......................................
16 7 1 IQ 7 ,6U5 7 1516 71 ',6
20,828 Good Middling............................. 71
HH
014
8*4
SH
8*4
813,8
813,» 813,8 8 " ,
18,669 Middling Fair..............................
290,47u| 350,489
GULF.
Since Sept l 2OO0,3o2 t369,82l| 1832,297 1475,238 1418,423 i'2143.382
The exports for the week ending this evening reach a total
of 228,684 bales, of which 173.087 were to Oreat Britain. 11.369
t j France and 104,223 to the rest of the Continent. Below are
tie exports for the week and since September 1, 1898.
Export.
frown—
Galrastoo......
Tsx. City. Ac.
New Orleans
Mobile.......
Florida.........
Savannah......
Bran* wick......
Charleston....
Fort Royal....
Wlimiturton
Norfolk..........
New fo r k ......
Boeton...........
Baltimore-...
Pbliui.ip'sAc
Total ... .,
IT«* Rndln* Oct. S3. 1S00.
From Sept 1, 1606. to Oct. 88. 1606.
______ Brpsrrgd to—______ ________ Exported to—_________
Great
Conti Tot 44 Great
Conti
Total
Tkril'n. France nent. Week. Britain. France nent.
40.380
2333>.> 70JBM 100.402 3J.450
1.^47 1,347
*2.472 10,223 31.233 109.934 100.090 07,254
U.ata
22, *71
*00
9.528
96* 4.404
4,532
24.797 24,797
......
3,*«3 S.S05
6.8S1
13,450
13.45S
30.520
3,011
8.101 18,734 35,491
10,673
0.247
10,117
1,100
6.8T7
B041 1.140 5,84 » 15 81*
54.157 3.331
7, MS
80,572
34 7.140
13.5*9 1.202
6 f.
2,000 2.550
219
219
1,4*1
Middling Stained.............. 3g
38 Oft.
SB,,, oft.
Strict Low iMid. Staise
1M oft.
Low Middling 8tained.
Middling F a in ...........................
STAINED.
S a t.
M o il Tues W e d
73,o 73,o
7*16
71316
713 HI 71316 71
83,Q 83,.
8 he
8^
8 hi
81a
8ta
9 .8
91.« 9 i,e
She
S a t. M o n T i l e . W e d
611,0
g " 10
791« 7*18 79 0
723,
72
Good Middling Tinged............. 715,„ 7 ,5Jfl 715,8
MARKET AND SALES.
Low Middling..............................
T il.
be as
F r i.
7
75s
S
86ie
8 7s
F r i.
73,6 714
711,8 7 78
8316 8 b
8^
919
9 iis
T li. F r i.
O il.6 6U,0 63*
79,,
7*16 759
723,2
72033
7ioie 7)3,6 8
74.229 273.087
The total sales of cotton on the spot and for future delivery
0.951
6,9,1
84,106 319,539 each day during the week are indicated in the following
000 23.371 statement. For the convenience of the reader we also add
6,498 a column which shows at a glance how tne market closed on
906
69,771 same days._________________ _________________ __________ __
09.771
9.740
SALES OF SPOT AND CONTRACT.
68.044
32,624
Sal es o f
SPOT MARKET
Futures.
3,811
Oon- Spec- Oon
Ex
CLOSED.
Tot*l.
tract.
port. sump uVVn
26.94 • 02,186
IJ&O 11.417
56,000
....
....
34,280 91,780 Bat’day . Q u ie t.................
2,900 2,957 196,100
"57
84 80,650 Monday. Q u ie t.................
110,900
1
,
1
1
2
1,000
112
Tuesday v io le t.................
88,500
11.025 25,815 Wed*day Q u ie t.................
2,000 2,077
77
62,100
1,500 1,563
2, 06 Th'day.. IQuiet ................
044
69
3,000 3,076 132,300
76
F
riday..
I
Dull
at
*ia
adv..
173.0*7 11,30V 104.228 iW,t184 549.193 102.216 347.96H 999.027
385 .... 10,400 10,785 645,900
....
Total. 1*0» ... 50.1*0 16.56* 901856 164.' <9 vrnjtn 42.774 249.132 580.078 T o t a l....L ...........................
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Range and
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D A I L Y PR IO R S AND
October.
November.
December.
P
(C
a
g -q «
I
| o « f l O S ■
G © ® ©
03 -P h-h -P
2
1
d d d
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A O ,< D D L )
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^•2 2 £© © g
S <3H co oo tb
^d
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2
^9
January.
a
2
g
£
B
Eufanla.
A l a b a m a . ..
**
M ontgom ery
Seim a,
Helena,
A jrkansas. .
(f
Little Rook,
A lbany,
G e o r g ia ....
<<
Athens,
M
Atlanta,
«
Augusta,
it
Columbus,
it
M acon,
Rome,
L ouisville,net K e n t u c k y .
Shreveport, L ou isian a .
Columbus,
Mis siss ip p i .
it
Greenville,
Meridian,
fl
Natchez,
Vicksburg,
Yazoo City,
8t. Louis,
M is so u r i . ..
N.C a ro lin a
Charlotte,
“
Raleigh,
Cincinnati,
O h io ............
Columbia,!
8. Ca ro lin a
Greenwood,
Memphis,
T ennessee ..
Nashville,
Brenham,
T e x a s ..........
Dallas,
H ouston,
SALES
8,874
63,093
34,914
20,664
29,858
21,561
24,407
52,877
123,789
21,289
38,597
22,671
1,166
37,855
11,157
24,082
14,050
28,916
29,890
20,072
116,565
8,226
11,771
45,747
13,545
6,701
188,597
4,986
25,009
18,912
494,643
A pril.
May.
Monday, Oot. 19—
Sales, total..............
Prices paid (range)
Closing....................
Stronger. A v ’ge.. 7-63 A v’ge.. 7-66 A v’ge.. 7*86 A v ’ge.. 7*97 A v ’g e .. 8*03 A v ’ ge.. 8*07 A v ’ge.. 8*16 A.y’ge.. 8-13
30,700
196,100
300
35,600
95,800
3,700
35,500
300
5,900
7*57'® 8*24 7*57'® 7*71 7-60® 7-73 7*78® 7*92 7*90® 8*04 7'97® 8*11 8*00® 8*16 8*14® 8*19 8*08® 8-20
Steady.
7-57— 7-58 7*60— 7*61 7*79— 7*80 7*91— 7*92 7*96— 7*97 8*01— 8*02 8*05— 8*06 8-09— 8-10
250
99,050
1,677
8,302
2,835
68,111
1,141
6.949
2,721
4,704
7,750
1,516
3,723
8,494
11,682
3,498
5,051
4,780
43
6,537
1,770
3,500
2,422
3,586
5,515
2,591
34,556
841
1,300
10,158
999
667
33,999
1,468
2,504
1,793
61,441
19,249
60,084
20,061
18,647
22,527
17,643
18,685
34,114
72,091
24,924
28,960
14,200
643
26,755
9,138
8,080
10,568
15,770
18,398
13,177
98,682
7,042
7,091
2L,792
5,129
5,478
112,< 37
4,502
32,968
16,733
395,029
2,694
16,754
4,731
9,775
9,482
5,640
6,337
18.274
30,092
8,092
4,431
4,311
196
14,178
1,811
4,200
4,998
8,727
10,106
7,604
18,811
2,300
6,861
310
207
62,799
1,04 6
7,300
2,531
50,976
237,719 1,160,197 180,336
325,574
dS ©
0 x1 .
CO CP ©
© • -H
X 63
© 13'
d d -'--^
||^o
| S «| s
^ p g g
Weaker.
A v ’ge.. 7-54 A v ’ge.. 7*57 A v ’ ge.. 7*76 A v ’ge.. 7*87 A v ’ge.. 7*93 A v’g e.. 7*98 A v ’ge.. 8*04 A v’g e.. 8*08 A v ’ge.. 8-10
62,100
100
2,700
11,500
32,400
200
7,100
300
2,100
5.700
7-54® 8-13 — 'S 7*54 7*55® 7*58 7*74® 7*79 7*85® 7*91 7*93® 7*94 7*96® 8*01 8*03® 8*06 8-04® 8-11 8*08'® 8-13
7*52— 7*53 7 - 5 5 - 7-56 7*74— 7*75 7 * 8 6 - —
Steady.
7*91— 7*92 7 * 9 6 - 7*97 8 * 0 0 - 8*01 8*04— 8'05 8 - 0 8 - Higher.
A v ’ge.. 7-60 A v’ge.. 7-65 A v ’ge.. 7*86 A v ’ge.. 7*98 A v ’ge.. 8*04 A v ’ge.- 8*09 A v ’ge.- 8*12 A v ’g e .. 8*17 A v ’ge.- S'17
132,300
1,400
6,300
18,300
71,500
1,400
27,200
1,200
600
4,300
7*56® 8*26 7*56'® 7*64 7*60® 7*72 7*79® 7*92 7*90® 8*03 7*98® 8*09 8*01® 8*14 8*09® 8*17 8-09® 8*23 8*14® 8-22
Steady.
7*67— 7*69 7*71— 7*73 7 *9 1 - 7*92 8 * 0 2 - 8*03 8*08— 8*09 8*13— 8*14 8*17— 8*19 8-22— 8*23 8*25— 8-27
3,600
7-57
32,900
7-61
104,500
7*81
336,700
7*92
8,400
7*97
107,500
8*03
2,100
8*10
33,200
8*14
15,700
8*15
378,600
322,900
1,817,900
3,956,900
124,500
771,400
34.700
169,400
62,400
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s
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Easier.
A v ’ge.. 7-59 A v ’ge.. 7*61 A v’ge.. 7*82 A v ’ge.. 7*93 A v ’g e .. 7*98 A v ’ ge.. 8*03 A v ’ge.. 8*07 A v ’g e.. 8*12 A v ’ge.. 8*14
88,500
2,200
200
3 0,400
52,100
400
13,600
700
7,000
700
7-58® 8-20 7-58® 7-59 7*60® 7*63 7*79® 7*84 7*91® 7*95 7*96® 7*99 8*02® 8*05 8*06® 8*08 S-OG® 8*14 S-IS-® 8-15
Dull.
7 - 5 8 - 7-60 7*61— 7*62 7*81— 7*82 7*92— 7*93 7*98— 7*99 8 * 0 3 - 8*04 8*07— 8*09 8'11 - 8-13 8*14— 8-16
’S S g g
541
4.083
2,129
3,945
6,434
426
2,165
3,250
5,796
1,473
4,646
3,515
58
2,803
1,320
600
505
1,747
3,605
957
28,869
841
1,100
10,291
2,489
1,665
22,097
966
2.068
2,030
57,922
June.
Firmer.
A v’ge.. 7'55 A v ’ ge.. 7-61 A v ’ge.. 7*81 A v ’ ge.. 7*93
A v ’ge . 8*04 A v ’ge.. 8*11 A v ’ge.. 8-12 A v ’ge.. 8-14
110,900
7,400
1,300
21,200
50,000
2,600
16,200
200
8,600
3,400
7-52® 8-17 7-52® 7-59 7*55'® 7*64 7*75® 7*S4 7*90® 7*96 7*96® 8*00 8*02® 8*06 — ® 8*11 8*09® 8-14 8*11'® 8-17
Steady.
7-59— 7-60 7*d3— 7*64 7*82— 7*83 7*94-------7*99— 8*00 8*04— 8*05 8*08— 8*10 8 * 1 3 - 8*14 8 - 1 7 - 8*18
7,656,100
3,476
27,335
10,165
9,745
9,587
6,047
11,719
12,204
42,122
12,081
11,714
3,055
45
15,697
3,299
11,131
1,489
10,573
19,659
10,820
28,072
300
832
5,963
Movement to October 25, 1895.
Receipts.
ShipiYL’ ts Stock
This
Since
This
Oct. 25.
week. Sep*. 1,’95. week.
OF FUTURES
Firmer.
A v ’ge.. 7-52 A v’ge.. 7*55 A v’ge.. 7*75 A v ’ge.- 7*86 A v ’ge.. 7*88 A v ’ge.. 7*97 A v ’ge..-------- A v’ge.. 8*25
56,000
300
3,600
7,500
34,900
100
7,900
1.700
7*52® 8-08 7-52® 7-53 7-52® 7-59 7*71® 7*77 7*82® 7*89 7*89® —
7*94® 8*00 — ® —
8*02'® 8*08
Steady.
7 - 5 5 - 7-56 7*58— —
7 - 7 6 - 7*77 7 * 8 8 - 7*93— 7*94 7*98— 7*99 8*02— 8*03 8-06— 8*07
645,900
762
4,217
4,119
2,215
3,260
3,151
1,750
10,011
14,275
1,250
3,410
3,693
169
4,939
1,657
2,454
1,173
2.646
2,682
1,943
28,249
1,020
1,306
11,628
2,167
1,029
25,079
652
1,633
1,457
64,416
Total, 31 tow n s.......... 239,778 1,564,484 208,412 447,355
March.
February.
871
6,135
4,248
2,344
5,627
1,656
3,596
7,706
1 7,434
2,799
3,966
4,089
164
5,935
1,665
3,698
2,102
3,797
4,595
3,183
32,779
1,020
965
13,763
2,167
1,069
32,755
1,198
1,256
1,938
65,258
Saturday, Oct. 17—
Sales, total.............
Prices paid (range)
C losing....................
Tuesday, Oct. 20—
g |
Sales, tota l.............
H ©
Prices paid (range)
D P
fc! <U
d o s in g ....................
r9
©
ednesd’y, Oct. 21—
o Ch WSales,
total.............
m 3
Prices paid (range)
_ o
Closing....................
O O
S
Thursday, Oct. 22—
£ .3
Sales, total. ..........
Prices paid (range)
C losing....................
< o
Friday, Oct. 23—
CO
©
Sales, total.............
Prices paid (range)
g *
Closing....................
4 a
rt
cq
Total
sales this week
a a
B & A verage price, w eek
H O
J3 Sales sinoe Sep. 1,’ 96*
gl
1*151 “ %
3 rj
■a 2 ©
Market, P rices and
Sales o f
FUTURES.
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Movement to October 23, 1»90.
Receipts
8hiprti't8 Stack
This
Since
This
Oct. 23.
week. Sept. 1,’96. week.
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4a
THE CHKON1CLE.
O c t o b er 34, 1896.]
Q u o t a t io n s f o r M id d l in g C o t t o n a t O t h e r M a r k e t s .—
Below are closing auotations of middling cotton at Southern
and other principal ootton markets for each day of the week.
OLOStXO QUOTATIONS FOR MIDDLING OOTTON ON—
October 23.
aatur.
G a lv e s to n ..
7=is
Hew Orleans
73.g
M o b ile ........
7
S avannah...
7
Charleston..
7
Wtlminxton.
7Li
N o r fo lk .......
75,«
B o sto n ........
7i»ig
B altim ore. .1
7=«
Philadelphia
83,g
A uxusta.......i 7*1 g
M e m p h is ....1 7 1e
Bt. L ouis___1 7t»
7°ig
H ou ston ___
C in cin n ati..
7=s
L ou isv ille ...!
7\
Mon.
7M
7>4
7
7's
7
7M
73s
7'5,g
7-5,
8i g
7-4
7is
7M
7M
7=s
7H
Wed ties.
Tuee.
7M
7*18
7
71 ,g
7
7>4
7%
7l*,g
7=s
8»,a
73,g
7%
7»4
7M
7^
7>a
Thurs.
7>4
73,g
7
7
7
714
73,g
71*16
7=8
83,g
73,6
7 Ie
7M
7M
7=8
78)
Fri.
7M
7H
7
7
7
714
7-4
7 «3jg
7=8
She
7*4
7*8
714
73,8
7
7'18
7
7H
7 >4
715,8
7=8
SH
75.8
7>g
7-',g
7Li
719
73g
73,6
7M
7=8
73g
The olosing quotations to-day (Friday) at other important
Southern markets were as follows.
Natchez........ .
6is,g
Atlanta..
67g
|Eufaula............
7
C h a rlotte............. 7 ! I.ittle R ook___
0 ‘s R a le ig h ............
Columbus,
Oa. 6% I Montgomery...
64, Selma................
Columbus. Miss
6% I Nashville.........
7
Shreveport___ _
R e c e ip t s f r o m t h e P l a n t a t io n s .— The following
7%
67s
table
Indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
oonsumption; they are simply a statement of the weekly
movement from the plantations o f that part of the crop which
6 naily reaches the market through the outports.
Week
Mruiln#—
FUceipts at the Ports, [st'k at Interior Towns. Rec’pts from Plant’n*.
1896. | 1*98. | DOt. 1896. | 1890. | 1804. 1896. 1896.
is m .
Bttpt. IS...... 146.547 •1.080 245.163 6LS19 80,739! 823,0911180.238 114,544 298.2^0
** 25...... 205.221 140.130 267.-VU lO0.2l5 90.587,>T5.227ja!9.947 172,987 300,709
» .
i s ..
S3
jn8.81SjSU.i85 SU.230 190.4ltt S03.752 rr73.9S9 ,t57,309 Si«.HKl 37S.2»5
. 38i.13is80.BS9 .137.877 233.888 306,1911AU.4O0 427.827 345,098!379.897
!400.878 sas.irw 330.S71 271.SOS 3a5.57ifi 17,355 iil.0i3l35S.8Sl 381.937
The above statement shows: 1.—That the total receipts
from the plantations since Sept. 1.189 >. are 2.333,083 bales; in
189.1 were 1,063,69i bales; in 1894 were 2,049,217 bales.
9.—That although the reoeipts at the outports the past week
were 330,571 bales, theaotual movement from plantations was
361,937 bales, the balance giin g to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 3)2,821 bales and for 1894 they were
441,043 bales.
O v e r l a n d Mo v e m e n t f o r t h e W e e k a n d S in c e S e p t . 1 .—
We give below a statement showing the overland movement
foi ih i 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 in our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Oct. 23
and since Sept. 1 in the last two years are as follows.
1895.
1896.
October 23
Week.
Skipped—
Via 9t. Lonls . ..............................
VI* Cairo.......................................
Via Parker City............................
28.240
15,408
1,153
Via Loulavtlle........ ....................
VI* Cincinnati....................... .
VI* other root**, Ac....................
Total trros* overland...............
Since
8epL 1.
Week.
7,502
8.050
3,git9
106,921
59,073
4,188
101
34,016
21,031
15.703
28.869
15.307
2,022
........
8,995
3,002
2,714
87.423
39.559
5,331
........
17,045
8,281
10,039
64,23l!
240,933
60,909
167,678
37,655
532
7,551
9,630
178
014
26.093
1,288
7,507
Deduct shipments—
Overland to N. Y., Boston, A c..
Between Intailor towns.............
Inland, Ac., from South..............
Sinee
Sept. 1.
9,193
223
691|
45,738
10,722
34,888
Leaving1total net overland*.. 54,124i 195,195
* I no! ml Imt movement by rail to Canada.
60,187
132.790
Total to be deducted...............
10.107]
The foregoing shows that the week’s net overland movement
this year has been 54,121 bales, against 50,137 bales for the
week in 1895, and that for the season to date the aggregate net
overland exhibits an increase over a year ago o f 62.405 bales.
1896.
in Sight and Spinnertf
Takings.
Week.
Since
Se/.t. 1.
I
1895.
_
.
Wttk-
Since
Sept. 1.
Receipt* at ports to Oot. 23.......... 330..571 2,006.302 205,438 1,309.821
Ret overland to Oct. 2 3 ................. 54,124 195.19S; 50.187 132,790
Southern consumption to Oct. 23 19,000 141,000| 20,000 151.000
Interior stock. In excess...............
403.605 2,342,497! 365.625 1,053,611
31,366 326,761 j 57,383 292,874
423,008
Came Into slirht daring week. 435,061
2,669,258
......... 1,046,485
Total In sight Oct 2 3 .............
Rorth’n spinners tak'trstn Oct. 23
62.331
350,187 77,971
207,397
It will be seen by the above that there has come Into sight
during the week 435,061 bales, against 423,008 bales for the
sam- wwk of 1895, and that the increase in amount in sight
to-night as compared with last year is 722,773 bales.
759
W e a t h e r R e p o r t s b t T e l e g r a p h . — Reports to us from
the South this evening by telegraph denote that on the whole
the weather conditions have been satisfactory during the
week and that picking has made good progress Advices from
Texas indicate that there is no top crop except in portions of
Southwest Texas. The crop is being freely marketed, Killing
frost occurred in sections of Mississippi and Tennessee in the
early part of the week and our Memphis correspondent states
that the top crop has been killed throughout that section.
Galveston, Texas.—No top crop is reported except in scat
tered sections of Southwest Texas, where rains have been more
or less general throughout the season. We have had light rain
on three days of the week, the rainfall being seven hun
dredths of an inch. Average thermometer 70, highest 80,
lowest 60.
Palestine, Texas.—Cotton is about all picked and farmers
are plowing. We have had rain on one day during the week,
the precipitation reaching seventy-seven hundredths of an
inch. The thermometer has averaged 64, the highest being
84 and the lowest 45.
Dallas, Texas.—The weather has been favorable for gather
ing cotton during the week. Farmers are now working the
lands for other crops. We have had rain on one day during
the week, the rainfall being twenty-five hundredths of an
inch. The thermometer has ranged from 41 to 84, averag
ing 62.
San Antonio, Texas.—Picking is about completed. Rain
has fallen on three days of the week to the extent of one inch
and seventv-four hundredths. Average therm imster 65,
highest 80 and lowest 50.
Luling, Texas.—We have had rain on two days of the week,
the precipitation being one inch and twenty-five hundredths.
The thermometer has averaged 65, the highest being 80 and
the lowest 52.
Huntsville, Texas.—There has been rain on one day during
the week, to the extent of sixty hundredths of an inch. The
thermometer has averaged 68, ranging from 58 to 79.
Columbia, Texas.—There has been rain on two days of the
past week, to the extent of forty-two hundredths of an inch.
The thermometer has averaged 85, ranging from 46 to 84.
Cuero, Texas.—It has rained on three days of the week, the
precipitation being seventy-three hundredths of an iuch. The
thermometer has ranged from 53 to 79, averaging 66.
Brenham, Texas.—There has been rain on two days during
the week, to the extent of thirty hundredths of an inch.
Average thermometer 66, highest 80 and lowest 52.
Temple, Texas.—Picking is nearly finished. Rain has
fallen on two days of the week, the rainfall rea;hing twentyfive hundredths of an inch. Tbe thermometer has averaged
63, the highest being 79 and the lowest 48.
Fort Worth, Texas.—Cotton is about all picked and mar
keted. We have had rain on one day during the week, the
precipitation being thirty-five hundredths of an inch. The
thermometer has averaged 63, ranging from 48 to 78.
Weatherford, Texas.—Rain has fallen on two days of the
week, to the extent of thirty hundredths of an inch. The
thermometer has ranged from 49 to 78, averaging 64.
New Orleans, Louisiana.— W e have had rain on one day
during the week, the rainfall being nine hundredths of an
inch. Average thermometer 69.
Shreveport, Louisiana.—W e have had rain on threa days
during the week, the rainfall reaching one inch and seventynine hundredths. The thermometer has averaged 62, the
highest being 77 and the lowest 46.
Columbus, Mississippi.—It has rained on one day of the
week, the precipitation reaching one inch and thirty-eight
hundredths. The thermometer has averaged 60, ranging
from 40 to 75.
Leland, Mississippi.—It is reported that cotton has been
killed by frost. There has been rain during the past week to
the exWu£ of six hundredths of an inch. The thermometer
has ranged from 37 to 80, averaging 60-3.
Vicksburg, Mississippi.—Rain has fallen on four days of
the week to the extent of one inch and eighty-two hun
dredths. Average thermometer 64, highest 78, lowest 43.
Helena, Arkansas.—Frost did but little damage. Raiu has
fallen on two d iys of the week, to the extent of seventy-six
hundredths of an inch. The thermometer has averaged 57'5,
ranging from 35 to 74.
Little Rock, Arkansas.— There has been rain on two days
during tbe week to the extent of fifteen hundredths of an
inch. The thermometer has averaged 60, the highest being
76 and the lowest 38.
Memphis. Tennessee—Killing frost occurred on Sunday
morning, eight days earlier than usual, and the top crop was
killed throughout this section. We have had lieht rains on
two days of the week, the rainfall being ten hundredths of an
inch. The thermometer here has ranged from 40 to 73’5,
averaging 59-6.
Nashville, Tennessee.— There has been only a trace of ram
during the week. Average thermometer 58, highest 77 and
lowest 35.
,
„
,
Mobile, Alabama.—The weather has been dry all the week.
The thermometer has averaged 63, tbe highest being 77 and
Montgomery, Alabama.—The weather has been dry all the
week. The thermometer has averaged 62, ranging from 48
Madison, Florida.—Dry weather has prevailed all the week.
Average thermometer 69, highest 79 and lowest 58,
[V ol . lxin,
THE CHRONICLE.
760
Savannah, Georgia.—The weather has been dry all the
week. The thermometer has averaged 67, ranging from 47
to 84.
Augusta, Georgia.—There has been no rain during the
week. The thermometer has ranged from 38 to 83, averag
ing 60.
Charleston, South Carolina.—Rain has fallen on one day of
the week, to the extent of three hundredths of an inch. The
thermometer has averaged 66, the higaest being 79 and the
lowest 50.
Stateburg, South Carolina.—Sharp frost occurred on low
grounds on Monday and Tuesday. Picking is nearly finished.
There has been no rain during the week. The thermometer
has averaged 6 1"5. ranging from 39 to 80.
Wilson, North Carolina.—There has been no rain during
the week. Average thermometer 61, highest 76 and lowest 40.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock October 23, 1896, and October 24, 1895.
Oct. 22, '96.
Feet.
3*4
40
0*3
*3*3
7-1
New O rleans.......
M em p his..............
Nashville..............
S hreveport........... .........A bove zero o f gauge.
V icksburg............ .........A bov e zero o f gauge.
* B elow zero o f gauge.
Oct. 24, ’95.
Feet.
3-3
*1*9
0-2
*1*4
*43
M a n c h e s t e r t a r k e t . —Our reoortreceived ov cable to-night
from Manchester states that the market is quiet for both
yarns and sbirtings. The demand for both India and China
is poor. We give the prices for to-day below and leave those
foi previous weeks of this and last year for comparison:
1896.
1895.
8*4 lb8. Shirt, OotVn
8*4 lbs. Shirt Co tVn
32s Cop. ings, common Mid. 32s Cop. ings, common Mid.
Twist.
Twist.
TJplds
to finest.
to finest.
TJpld*
8p. 18
“ 25
Oot. 2
“ 9
“ 16
“ 23
d.
d. S.
6 ^®ir ^ 7 78 4
6 70 0 7 ^ lft 4
6i*1e®7,34 4
611,307*8 4
6*8 07*g 4
O'*
4
d.
d.
(L 8. (1.
d.
42 u , 6 ' is 9 7
8 97 2
4 H1b 6 » ,B 97*4
74ra>7 2
7 9 7 l*a 4Jli<j 6 i1ia 0 7 12
4*2 613, 07*4
6 -97 0
615 8 07*2
5 *3 0 6 1 1
5 0 6 1012 41032 63j 07*4
s.
4
4
4
4
4
4
d.
s d.
4 96 6
5 9 6 7*2
6 96 9
6*206 10
7*206 11
6 0 6 10
d.
43a
4U i6
41318
43732
429 J2
4^8
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
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week The
receipts for the week ending to-night (October 231 and since
Sept. 1, 1896, the stocks to-night, and the same items for the
corresponding periods of 1895, are as follows.
1896.
Receipts to Oct. 23.
1895.
Stock
This
This
Since
Since
week. Sept. 1. week. Sept. 1. 1896.
1895.
I n d i a C o t t o n M o v e m e n t P r o m a l l P o r t s . — The
receipts Savannah .......................... 4,498 22,898 5,101 18,150 18,060 7.747
3,274
688
2,497 3,116 1,461
751
and shipments of cotton at Bombay have been as follows for Charleston, & c.................
194 2,930 1,112
Florida, & c........................
76
the week and year, bringing the figures down to October 22.
T otal.............................
BOMBAY RECEIPTS AND SHIPMENTS FOB KOUB YEARS
Tear Great OontiGreat
BriVn . nent. Total. B ritain
Conti
nent.
1,000
43.000
31.000
12.000
30,000
1896
1895
1894
1893
4.000
4',000
5,000
4,U00
8.000 10,000
2,000
Great
B ritain.
Conti
nent.
Calcutta—
1896.........
1895
....................
M a d ra s18 96
....................
18 95
....................
1,000
A ll others—
3.000
1896
....................
1895
....................
2.000
Total.
17.000
40.000
23.0 >0
62.000
3.000
5.000
Shipments since Sept. 1.
Great
B ritain.
Continent.
1,000
1,000
4.000
2.000
5.000
3.000
Total.
1,000
2,000
1,000
3.000
6,000
10,000
8,000
7,000
14.000
17.000
2,000
3,000
5.000
5.000
8,000
8,000
12,000
15,000
20,00u
23.000
Total a l l 1896
....................
3.000
3.000
18 95.........
3.000
5.000
6,000
8,000
15.000
19.000
24.000
24.000
39.000
43.000
The above totals for the week show that the movement from
the ports other than Bombay is 2,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September t, 1898, and for the corresponding
periods of the tw o previous years, are as follows.
EXPORTS TO EUROPE FROM ALL IND IA.
Shipments
to all Europe
from —
1896.
This
week.
1895.
Since
Sept. 1.
This
week.
1894.
Since
Sept. 1.
This
week.
Since
Sept. 1.
B o m b a y ..........
A ll other ports
6,000
44.000
39.000
4.000
8.000
31.000
43.000
6,0.»0
17.000
40.000
Total .
6,000
83,000
12,000
74,000
'6,000
5 7 ,(0 0
A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s . — Through arrange
ments we have made with Messrs. Davies, Benachi & Co., o f
Liverpool and Alexandria, we now reoeive a weekly cable o f
the novements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the p u t week and for the
corresponding week of the previous tw o years.
Alexandria, Egypt,
October 21.
R eceipts (oantars*)___
1896.
290.000
930.000
1895.
1894.
300,000
1.035,000
190.000
Slnoe Sept. 1 ..............
|
443.000
This
Since > This
Since
This
Since
week. Sept, l.j week. Sept. 1. week. Sept. 1.
E xports (bales)—
To L iv e r p o o l.. ....... 16,000
5,000
T o G ontlueutl.........
26,172
5,865
20,841 24,106 10,320
Receipts.
According to the foregoing Bombay appears to show
a decrease compared with last year in the week’s receipts of
4,000 bales and a decrease in shipments of 4,000 bales, and
the shipments since Sept. 1 show an increase of 13,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of September, for tw o
years, has been as follows. “ Other ports” cover Ceylon,
Tutioorin, Kurrachee and Coconada.
Shipments f o r the week.
5,249
The exports for the week ending this evening reach a total
of 1,365 bales, of which 1,115 bales were to Great Britain, 150
This
Since
Total.
to France and —- to Rival, and the amount forwarded io
Week. Sept. 1.
Northern mills has been 197 bales. Below are the exports
44.000 5.000
50.000 for the week and fince September 1 in 1896 and 1895.
31.000 9.000
72.000
Shipments sm ce Sept. 1.
Shipments this week.
43.000 19,000
24.000 9,000
48.000
25.000
8,000
6,000
24 000
28,000
Total E ir o p e . ... 21,000 67,000 28,000 73,000 14,000 52,000
* A oautar ts 98 pounds.
t Of wninn to America, In 1396, -2,000 bales; In 1895, 3,479 b ties: In
1894. 1,205 bales.
This statement shows that the receipts for the week ending
Oct. 21 were 299,000 oantars and the shipments to all Europe
21,000 bales.
Exports
fr o m —
S’vann’h, &c
Chari’ t’n,&c
Florida, &o.
New Y o rk ..
Week Ending Oct. 23. Since Sepl. 1 ,1 8 9 6
North'n Mill'.
Great Fr'nce
Great Fiance
Total. BriVn.
Total.
BriVn.
die.
die.
Sinct
Week. Sept. 1.
’ 334
"701
80
B a ltim ore..
T ota l........
Total 1895
.........
"ISO
64
64
384
2,213
80
” 900
102
3,113
80
102
"334
"3 8 4
"8 5 1
80
.........
175
22
1,201
57
.........
1,115
150
1,265
2,677
1,066
3,743
197
1,258
2,664
968
3,632
5,722
1,493
7,215
638
3,711
A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore. Instead of including this cotton for
the week in which it leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News,” on a subsequent page.
Quotations October 16 at Savannah, for Floridas, common,
10c.; medium fine, 12J^c.; ch oice 15^c.
Charleston, Carolinas, medium fine, 20c ; fine, 22c.; fully
fin3, 24c.
J u t e B u t t s , B a g g i n g , & c . —There has been a good inquiry
for jute bagging during the week under review but at un
changed quotations. The close to-night is at
for 1%
lbs., 5J£c. for 2 lbs. and 6c. for standard grades in a j ribbing
way. Car-load lots of standard brands are quoted at 5}£c.
for \% lbs., 5J^c. for 2 lbs. and 6c. for
lbs. f. o. b. at New
York. Jute butts continue dull and quotations are nominal
at 1 l-16c. for paper quality and 1
for mixing.
E x c h a n g e s .— T he fo llo w in g e x ch a n g e s have b een m ad e
d u rin g th e w e e k :
•19 p<i. to exeli. 250 Nov. tor Dao.
-18 pd. to exoh. 100 N >v. lo r Dao.
•11 pd. to exoh. 200 Dao. for Jan.
•20 p I. to exeli. 1,100 Nov. for Dac.
*47 pd. to exoh. 800 Nov. for Apr.
•16 nd. to exoh 100 Jan. fo r Feb.
•30 pd. to exeli. 600 Nov. for Jan.
•17 pd. to exeli. 500 Jan for Mali.
■03 nd. fn exoh. 1,6 >0 Oor. for Nov.
•22 pd. to exeli. 1.000 Jan. fo r J ’ ne.
•31 pd. to exeli. 300 Vov. for Jau.
■04 pd. to exeli. 100 Oot. for Nov.
•43 pd. to exeli. 1,000 Nov. fo r M ch ,
•19 pd. to exoli. 500 N iv. for Dec.
•20 pd. to exon. 100 Ian. fo r May.
■02 id. no exch, 500 Oot. for Nov.
■19 pd. to exeli. 1,100 Jan. for May.
•03 pd to axeii. 90 i Oot. fo r Nov.
■31 pd. to exeli. 490 Nov. for Jan.
19 pd. COaxon. 1,700 Nov. for Dao.
•Of pd. to exoli, 400 Oot for Nov.
•01 pd. to exeli. 600 Oot. for Nov.
•11 pd. to exon. 200 Deo. for Jan.
12 pd. to exeli. 200 Dae. fo r Jan.
S h ip p in g N e w s . —The exports of cotton from the United
States the past week, as per latest mail returns, have reached
128,752 hales. So far as the Southern ports are concerned these
are the same exports reported by telegraph and published in
the C h r o n ic l e last Friday. With regard to New York we
include the manifests o f all vessels cleared up to Thursday.
Total bales.
Ne w Y o r k —T o Liverpool, p e r steam ers Cevlo, 6,334 upland
and 701 Sea Island ..Iren e, 1 ,5 * 4 .............. ............ .
8,539
To Hull, per steamer Cone inaugh, 192 ....... ..............................
292
To Hi,vre, nerstea ner La Couralue, 9 Jo upland and 159
8ea Island ................. .......... ............. .
... ..... ....... ...
1,149
To Bremen, per steamers A e lle n . 199 ..A ller, 4 9 9 . . . . . . . .
799
To Hamburg, per sneamer A-rnenla. 600 ....... . ...................
609
To Antiverp, per steamers British King, 7 70 ...K en u n g ca a,
1.530 ..............................................................................................
2,300
To Genoa, per steamers Kaiser Wilhelm II., 58 9....S oa n d la,
1 ,5 *9 ......... ....... ......... — .................................. ........... ........ 3,133
To Japan, per steamer Osoar I [., 3............... .............................
8
THE CHRONICLE.
O c to ber 24, 1896.]
Total bales.
S e w O rleans—T o Liverpool, per steamer Dalambre, 1,213___ 1,213
To Manchester, per steamer Vala, 3,751...................................
3,751
To Havre, per steam -rs Il»r». 8.200 . . . Methley Hall, 8,583
---- Worsley Hall, 7,733..
..................................................... 21,558
T o Hamburg, per steamers Polynesia. 2,3 00__ Sootla, 824. 3.124
To Copenhagen, per steamer Olaf Kyrre, 9 5 0 ..........................
H5 >
To OeilOa, per steamer Miguel Gallart. 8 .1 0 0 ......................... 8,H jO
G alveston —T o Liverpool, per steamers Henrietta H., 3,837
__ Maritime, 8 .1 6 9 .. . . Botherglen, 5.0 58....................... ...... 15.064
To Havre, per steamer N’orth Bauds, 10.065 ..... ..................... 10 065
To Bremen, per steamer Cromwel . 5,3 39.................................
5,339
To Hamburg, per steamers Hea Hands, 4 ,2 0 0 ___Killoraz,
5.520
650 .. Ursa. 8 7 0 .............
To Reval. per ste imer City o f Glonoester. 6,5 )0..................... 6,500
Savan n ah —T u Revai, per steamers Corona, 3 ,0 1 0 ... Inverness,
4,150..........
7.169
Ohaelestos —To Bremen, per steamers Acacia, 7,009.......
Alaska, 5 ,2 1 5 ............................................................................... 12,224
N ew po r t S ew s —To L iverpool,per steamer Rappahannock, 4 0
400
Boston —To Liverpool, per steamers Kansas, 2,118___ Norse
4,408
man. 1,573___ Servla, 7 1 7 ...________
To Hull, per ste user Lepanto. l o i ............................... .
100
To Yarmouth, per steamer Boston. 50 . . . . . ............................
50
B altim o re - T o Liverpool, per steamer Ulstermore, 2.332........
2,332
T o L m d on , per s t s i o -r M oots ta, 1 0 0 .............. ...
.
200
To Hamburg, per steamer iVesthall, 300...................... ............
300
To Rotterdam p -r st ■
*r Delano, 2 >0 . . . . . . .....................
200
P h il a d e l p h ia - P o L'verp.mi per ste u n « -I n liana. 350. . . . . .
259
430
8 a * F rancisco — To Liverpool, per ship William Tell, 430..........
To Japan, per steamer China, 290 .............. ............................
2 K>
Total.........
....... .........................................
............................... 128.752
The particulars of these shipments, arranged in our usual
form, are aa follows.
_
Other
Bremen Other
Tarm’lh
Liver- Oreat
4 H im - YorrA Siuth <* 1'okopooL Brit'n Havre, ba r). S tr o p Europe, h i m i. Tnta
Sew York.
8,319
292 1.1 to 1,33d 2,<00 2.133
3 15,816
S. Oriean*.
1.213 3,75121.558 3.121
950 8.100 ......... 41,891
Baiv-ston.. 15,081
10,065 10,353
6.500
42,438
SavannalL.
7,160 . . . . . . ........
7.180
Charleston. .................................... 12 221 ................... ................ 12,224
H V t Sews
too
............................. ..........................................
400
Boston....... 4.408
100 ...................... .
...................
50 4.553
Baltimore.
2,8)2
200
....
30J
201 .......................
3.532
Phlladel’a..
2*0 . . . . . . ......................................................... .
250
Ban Fran..
430 . . . . . . . . . . . . ........
290
630
T o ta l.™ 33.136 4,343 35.761 27,903 17.110 10,233
258 123,752
Below we a Id the clearances this week of vessels carrying
oottoa from United States ports, bringing our data down to
the latest dates:
S alves ro v -T o Liverpool—O jl 17—Steamers lncblsla, 8.509; Polaria.
5,534-----O <L 19 —Summers A von mar,. 6.600; Bel iulo, 7 ,8 9 9 ....
Oct. 2 —Steamer City of Belfset, t,623 ....G o t 21—Steamer
Velleda. 5, 08 ...O ot 22—Steamer Horatl). 8.113.
To Br -men—Oot. 17—Steamer* (01a 3,25*; Yarrow dale. 6 0 ?3 . . . .
O il 2 3 —Steam*r H aite. 7 . 4 0 )
-O m . 21—Steamer Maori. 5,049.
To Rotterdam—Oct 19 - Steamer Soma, 50.
S ew OELBAMS-ro L vero*oi -Oct 16 -Steamer* Astronomer, 7.100;
Buen> Vectors. 2 ,9 16 ...O o t 17 -Steamer American. 16,605 . . .
O et 19—Steamer Al-lgate, 1.130 ..Oot 30 -Steamer Jamttcan.
7 026 .. Oot. 21—Steamer Floridian, 3,398 . . Oct- 2 2 - 8 Lamer
Capet la. 7 ,4 3 7 ....Oct. 2 3 - 3 learner* Bernard Hall, 2,960; Nav
arro, 6.0CO.
To Havre—Oet. 23 - Steamer Enlre Rios. 8,615.
To Dunkirk —Oet, 17—Stiamer Duk* of York, 3.584.
To Bremen—Oet 18—ste ime - Frn.hrt *ld, 6 1 3 6 . Oot. 2 0 —Reamers
St. Jerome. 4,751; Straits of MAgeltas, 4,800.
To Rotter lam -O Jt. l 7 -9 t e a n*r Urd. i->o.
To Barr ,lona -Oat 16 -Steamer P a-to Bin 1, 4,10).
To O s s s s -O o t 21 —<tea tier AglnUI) a. 2,320.
To Vedee—Oit. 21 -S te e n -r Agio l ie. 1,0 0.
To Trteato—Oct. 21—Steamer Agtnlllle, 2,000.
M >e i l e
r.
u v a r o o d —O j L
17— K s t a s • D a lm U ly , 4 .5 3 3 ;
M ont
gomery, 3,437
To Hamburg—1>ct 22—Steamer Mlanl. 800.
pESEACoLa— Co Liverpool—Oat. 19 -Stea n-r Gracia, 3.528.
To Tam 600—Oot. 15—steamer Ut». 966
To Bremen—Oot. 2 0 —Stetm r Waatwater. 8,250.
8AVA3EAH—To Rural—Ost. 21—Steaner Viola. 4,999.
To Barest me —Oct i • St-am ,r Miguel M Plmllos, 3,238.
To Genoa Oet- *2—Steamer Great ha h, 5.260.
OSAELkSTO* —To Liverpool -OeL 16—Steamer Seeonlleld, 6,528 upland
and 107 Sea Island ...O ot. 1 9 - 8 -earner Btwtrv, 6.691 upland
nod 127 Be. Island
B so m w io *-T O Bremen—OoL 3 1 —Steamer Sue*. 3.365.
W ilmington— To Uverpmi—OoL 2i»-Stcamer Dulwich, 11,573.
To Ram'S -Git 19 —
Steam ir C tM to r s t 3,161
S i a i o i « — fo I,‘v,r;>>ol -OoL : —4 e*-n*r Rhoaiaa. 6,987.
TO Hamburg—Oct. 21 —Steamer Langham, 1,300.
oa ro s-T n Liveru.n—O jl >4— H a n g Viottnan, 951 upland and
5o K ry .vlti . . . 0 4 I* — H '«m *r Seythia. 412 ___ Oot. 1 9 Steamer* CorlntMa. 1,561; Michigan. 1,178 upland and SO Sea
Island ...O ot. 20—Steamer Centrist), 2,854.
To Yarmouth — lot 19— tteam'r 6 rscoo, -It.
B aLTIMoee—TO Belfast—Oct- 22—Steamer Lord O'Neil, 500.
To Bremen OoL 17—Steamer H. II. M-t«r, 1*00.
To R ouw ilam -O ct 18—Itea ner D iraogo. 20 ».
To Antwerp—Oct. 17 —8te*mer 8t *rra Kin t. 45 ).
PniLADELruiA—To Liverpool—oot 16—Steamer ithynlanl, 219.
O o tto n
o
fr e ig h t*
\ 4f.
B atur.
it.
‘ '• i
......................... e.
4 V t
B r e m e n . .................. 4.
Do
....................r/
* ia
L iv e r p o o l, a s k e d ,
H a m b u r g ......
Do
A m ste rd a m
.d
d.
Do
V. B o ll..
....
....
ns w n \4
Tm« i .
* i*
» •
4 5 #»
*u
..a *
»IS
....
3 5 - 3 7 ) * ' 3 5 -3 7 ) 1 1
3 5 -3 7 > s
. .M
**J
..
....
•a*
...
‘ V l
‘*4.
Q b e n t ,v . A n t W p r f .
I Cents oet per 100 Ih*.
>»**
»s*
*IS
V i
^f>||
1Veslwt*.
4 ft # »
» is
....
B a r c e l o n a . ...............6 .
.
T r ie s te
............. d
A n t w e r p ____ . . . . . d .
*14
»u
..a a
.d.
Q a n o a ............. , . . . d
Mon.
*M
...........#. 3 5 - 3 7 %
H e r * ] , t . H a i o h „ t f .'
It***
* Aail 5 per ce n t.
*1*
45M
m
3i «
45*t
•r.
....
•••a
* ie
....
....
3I «
3 5 - 3 7 ■*) 3 5 - 3 7 - s '
.••a
*10
93J
»3 1
....
®ai
...
‘ V i
>V.
>v*
“ a.
” *»
‘V *
*1 S
7*t
Thnrs.
...
Ve
V *
V i
7W
761
Liv e r p o o l . —By cable from Liverpool we havj the following
statement of the week’s sales, stocks. &o., at that port.
Sales o f the w e e k .......... bales.
Of which exporters took ___
Of which speculators to o k ..
Sales A m erican.........................
Actual ex p ort.............................
Forw arded..................................
Total stook—Estimated.........
O f whtoh Araerioan—Estim’d
Total im port o f the week........
Of whioh A m erican...............
Am ount afloat............................
O f whioh A m erican...............
Oct. 9
Oct. 16.
Oct. 23 .
56,000
1,300
1,200
50,000
3,000
51,000
412,000
306,000
45,000
41,000
141,000
135,000
65,000
4,000
600
57,000
3,000
62,000
382,000
276,000
35,000
29,000
240,000
235,000
66,000
2.200
500
60.000
3,000
65,000
403,000
293.000
88.000
77,000
197,000
192,000
56,000
2,000
400
51,000
3,000
67,000
396,000
284,000
63,000
53,000
291,000
285,000
The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 23 and the daily closing prices
of spot cotton, have been as follows.
8pot.
Saturday Monday. Tuesday. W&Vday. Thursday. Friday•
Market, { Moderate
dem-ind.
1:45 P.
Fair
business
doin?.
Mld-Upl'ds.
4Tls
4V
S a les..........
8peo.de exp.
8,000
1,000
10,000
500
Futures.
Market, (
1:45 P. M.j
Steady.
Gk>od
buyers’ Harden’g.
business Infavor.
doing.
Easier.
4 ,5sa
415S1
4 15 3 3
10,000
500
12.000
500
10,000
500
10,000
500
Steady.
Steady at
1-64 de
cline.
Steady.
Quiet and
steady.
Barely
steady.
Steady
Steady at Steady at
2-64 de
advance.
cline.
Market, ) Qaie^ and Quiet and
steady.
4 P. M. ]
Firm.
4*332
The prioes of futures at Liverpool for each day are given
below. Prioes are on the ba»is of Uplands, Low Middling
clause, unless otherwise stated.
n r The prices a re given in penee and SKA.
3 83-64d.. and 4 01 means 4 1 6 id.
Sat 11r.
.H o n .
Oet. 17 In
Oet. 23. I12** 1 11:4ft 4
T u e*.
1:45
T hu s:
W ed.
1:45
4
3 63 means
T h n rs.
4 11:45
4
F r l.
1:45
4
P. M. P. M jp. M. P. M. P. M. P. M, P. M. P.M . jP. M. P.M . P.M . P.M .
1 d.
d. I d.
October . . . 4 1G 4 16 l 19
O ot.-N ov. . . 14 13 l 1214 16
N or.-D eo... 4 09 4 09 l 13
Deo.-Jan
4 OS 4 07 1 12
J a n . Feb . . . 4 03 4 07 4 11
Feb-March.. 4 07 4 07 4 12
Moh.-A.priL.. 4 os i o r I 11
A pril-n ay .. 4 07 4 OS 4 12
M ay-Jane.. 4 09 4 OS 14 13
Ja n e-J u ly.. 4 09-4 00 4 13
J u ly .-A u g .. 4 03 4 10 4 14
Aug.-Sept .
d.
d.
4 19,4 18
4 15 4 14
4 13 4 11
4 12 4 10
4 1 1 4 10
4 1 1 4 10
4 11 4 10
113 4 10
i 13 4 11
4 13 4 12
4 14 4 12
d.
4 19
4 15
4 12
4 11
4 11
4 11
4 11
4 11
4 12
4 13
4 14
4
4
4
4
4
4
4
4
4
4
4
d. ; d.
d.
d.
19 4 18 4 18 1 18
14 4 14 4 13 4 13
12 4 11 4 10 l 10
11)4 10 4 00 1 09
1 1 4 10 4 00 4 03
11 4 10 4 OO 103
11 4 10 4 09 1 OS
11 4 11 4 10 l 09
12 4 12 4 11 4 10
13 4 12 4 11 4 11
14 4 13 4 12 4 11
.1.
.
d.
d.
4 21 4 23
4 16 4 17
4 13 4 13
4 12 4 12
4 l l 4 12
4 11 4 12
4 11 4 12
4 12 4 1 3
4 13 4 13
4 13 4 14
4 14 4 15
BREADSTUFFS.
Friday , October 23, 1896.
There was an active market for wheat flour during the
first half of the week, Large sales were made to shippers,
both of supplies held on the spot and direct shipment from
the mills at an advance averaging about 2'io. per barrel.
There was also a fairly good demand from the home trade for
supplies. Subsequently, however, owing to a reaction in the
grain values, demand became less urgent and prices lostabout
10c. per barrel of the advance. Rye flour has been in fairly
active demand at higher prices. Buckwheat flour has been
qniet but steady. Corn meal has advanced, and at the higher
prices a fair business has been transacted. To-day the mar
ket for wheat flour was firm but quiet.
There has been a very excited speculation in the market for
wheat futures, and the fluctuations in prices have been wide
and violent. During the first half of the week, o d strong for
eign advices accompanied with large buying orders, the result
of an apparent shortage in the world's crops, there was active
buying for investment account and the advanoe in prices was
v<*ry rapid. Subsequently, however, the market weakened
under active selling to realize profits, and yesterday there was
a break of over 4c. per bushel in prices. A heavy move
ment of the crops at the Northwest, together with
the stringency of money, causing a pressure to un
load holdings on the market, were the principal reasons
for the decline, In the spot market a large business has been
transacted for export, including direct shipment and cable
acceptances, and prices have followed futures. The business
transacted in the local market yesterday included No. 1 hard
Duluth at 79?^@80J£c. f.o.n. afliat, according to time of de
livery, and No. 1 Northern Duluth at78%c. f.o.b. afloat. To
day the market wag active, and there was a sharp recovery of
25£ @ 8%o. in prices on an active demand from shorts to cover
contracts stimulated by stronger foreign advices than ex
pected. In the spot market shippers were fair buyers, and
the business transacted included No. 1 hard Duluth at 82}^o.
f.o.b. afloat; No. 2 red winter was quoted at 83"gC. f.o.b.
afloat and No. 1 Northern Duluth at 80,%c. f.o.b. afloat.
OP
Sat
October d ellverv ........... o. 79?*
November delivery. ...o . 8 0 ’s
^December d elivery .....© . SI?*
■March delivery............. 0...........
May delivery.. . . . . . . . . . .o. 847s
9 A I L V CLO SIN G P R IC E S
-
Oct. 2
2
Mon,
82%
82%
84%
88%
87%
NO.
BH D W IN T E R W H E A T .
Tue*.
83*4
84
853s
88*3
883a
Wed.
79%
80%
82%
85%
b5%
Thurs.
Tb
75%
77%
80%
80%
Fri.
78 %
79%
80%
83%
83%
THE CHRONICLE.
762
Speculation in the market for Indian corn futures has been
moderately active, and early in the week there was an ad
vance in prices in sympathy with the sharp rise in wheat
values. Later, however, free sales to realize profits, prompted
by the heavy crop movement and the reaction in the wheat
market, caused a sharp break in values. In the spot market
shippers have been fairly large buyers, and prices have fol
lowed futures. Yesterday the sales included No. 3 mixed at
30c. in elevator, 31c. delivered and 33o. f. o. b afloat; No. 3
white, to ariive, at 33c. f. o. b. afloat, and No. 2 yellow at
80%c. in elevator. To-day the market was higher, on a de
mand from “ shorts” to cover contracts. The spot market
was firmer and fairly active. The sales included No. 3 mixed
at 32c. delivered and 33c. f. o. b. afloat.
D A i'.r onosiNa p r i d e s o p s o . t m i x e d com
O otober d elivery.........
Beoem ber d e liv e r y ...
M ay d elivery ......... . ..0.
Sat
32 q
33^4
35\
Han.
3 2 78
33 78
30k
Tiici
31%
3 2 7s
35 k
Wed.
29%
31
33%
Th'UVH
2938
30k
33%
IV ol. LXIII.
packages, valued at 8161,049, their destination being to the
points specified in the tables below:
New York to October 19.
(Treat B ritain.......
Other E u rop ea n ..
Ohina ............ ........
India................. ....
Arabia....................
A fr lo a ...................
West Indies______
M exico...................
Oentral A m erica..
South A m e r io a ...
Otner C ountries..
1895.
Week. Since Jan. I .
158
56
100
205
231
32
102
2.620
222
T ota l...............................
China, v ia V an cou ver*...
30%
32
34%
1896.
Week. Since J an. 1.
3,162
2,149
83,718
4,548
25,510
14,821
10,461
2,327
7,762
41,715
3,467
127
713
249
15
4,043
2,810
44,671
3,724
17,512
7,588
14,281
2,263
9.758
50,517
6,305
18
384
54
355
2,441
174
3,726
199,640
34,845
4,530
163,472
21,841
3,726
234,485
4.530
185,313
* From N ew E ngland m ill points dlreot.
Oats for future delivery have been only moderately active,
but the advance in wheat and corn carried up prices early in
the week, though the advance was not maintained, sales to
realize profits causing a reaction. In the spot market shippers
have been fairly active buyers, and the nome trade has also
been a moderate buyer. The business transacted yesterday
included No. 2 mixed at 22J^c. in elevator and No. 3 white
at 25J^o. in elevator; also white clipped f. o. b. afloat on
private terms, quoted at about
The market to-day was
firmer in sympathy with the advance in corn. The spot mar
ket was stead ier. The sales included No. 2 mixed at 23c. in
elevator and No. 2 white at 25%c. in elevator.
Brown sheetings and drills have pissed through a dull
week so far as actual business is concerned, but sellers have
held well to previous prices. Agents are difficult to deal
with for future deliveries, although tested to but a limited
extent in that direction. Stocks are light. Brown ducks
and Osnaburgs are steady in price but slow of sale. Sales of
bleached cottons have been in nearly all instances restricted
to light quantities, but there has beeu no giving way in
price. Low-grade goods are, in fact, rather firmer under
print cloth influences. For denims the demand continues
indifferent, but with light stocks values are maintained.
Other coarse colored cottons sell slowly at previous prices.
DAILr CLOSING PRICES OP NO. 2 MIXED OATS
Wide sheetings and cotton flannels and blankets inactive.
Wed
Thuri
Sat.
Mon. Tues.
23
October d e liv e r y ... ...C . 23 ®8
24
23%
23
Kid-finished cambrics dull and irregular. Prints have ruled
24
24%
23%
Decem ber delivery. . . . 0. 24%
24
24% slow throughout for seasonable lines and the demand for
23%
263s
26
26
M ay delivery....... . ....C . 26%
2 6 5a
26% spring specialties in both printed and woven-patterned goods
Barley has been in fairly active demand and firmer. Rye is backward. Print cloths are firmer at 2s£c. for extras, with
has advanced, but the improvement was not fully maintained. a moderate volume of business.
The following are closing quotations:
The value of the New York exports for the year to date has
PLOCB
been 88,831,512 in 1896 against $7,343,356 in 1895.
F ine.................. * bbl. S2 0 0 a 2 50 Patent, w inter.......... $4 50** 4 75
Buperttne..................... 2 50® 2 90 City m ills e x t r a s .... 4 40® 4 50
3 10
Exbra, N o. 2 ............... 2 25® 3 00 R ye flour, superfine. v 80
E xtra, No. 1 ................ 3 00® 3 40 Buokwheat flo u r .... 1 40® 1 50
Clears........................... 3 60® 4 00 Corn m eal—
Straights.................... 4 00® 4 4 f>
W estern, &c............ 2 00 7 2 15
Patent, sprin g.......... 4 30® 4 75
2 25
B randyw ine............
[W heat flour in aaoka aella at prices below those fo r barrels. )
GRAIN.
W heat—
0.
C.
Corn, p er hush—
c.
C.
Spring, p er b n sh .. 76 ® 83
West’ n m ix e d ..
283* * 33%
R ed winter No. 2 .. 8 1 % » 83%
No. 2 m ixed.......... 3 L * 33
R ed w in ter.......... 76 ® 84
W estern y e llo w ... 30% ® 34
H ard, No. 1............ 82 ® 82%
W estern W hite___ 30% 1 34
Oats—M ixed, per bn. 20 ® 25
R ye—
W hite...................... 22 ® 32
W estern, p er bush. 42 n 47
No. 2 m ix e d .......... 23 ® 24
State and J e r s e y .. 43 ® 47
No. 2 w h ite......... . 25%® 26% B arley—W estern___ 43 ® 50
Feeding................... 33 9 34
W F o r o t h e r t a b le s u s u a llv arlven h e r e se e pa&e 7 4 0 .
THE DRY GOODS TRADE.
N e w Y o r k , F r i d a y , P . M ., O c t. 23, 1896.
The general market still lies under the political incubu 3 of
the coming election. It seeim hardly worth while reiterating
the fact that the dry goods trade, as a body, believe firmly in
the election of Mr. McKinley, whilst their actions are marked
by an excessive degree of caution in all departments. Buyin g
of staple goods and seasonable fancies is confined to a limite d
volume, and sellers in all directions report that orders for the
coming season’s deliveries are decidedly below the average
volume secured up to date. The best feature of the situ
ation is the indifference of sellers generally to the
limited demand now coming forward. In cotton goods,
for instance, they are not pressing any stocks for
sale and are showing much reserve in quoting prices
for forward deliveries. On their side there is a belief
that by this time next month the value of merchandise gen
erally will have appreciated, and on this they are willing to
take chances. Meanwhile there are reports from various
quarters of a good business beitig done by retailers, which
means a diminution of stocks where such a process, under
present conditions, will do most good. Collections are fair
except in the woolen goods division, in which heavy obliga
tions mature at the end of this month.
W o o l e n G o o d s .—The amount of business transacted in
men’s-wear woolen and worsted fabrics this week shows a
falling off from previous experiences. This has not been
altogether buyers’ fault, as sellers, in view of the heavy obli
gations maturing on the part of buyers at the end of the
month, and not quite satisfactory indications of how they are
likely to be met, have been reserved in accepting orders. The
chief demand still runs on all-wool cheviots in fancies and
black and blues in low and medium grade goods. Outside
of these business has been limited and featureless. Little at
tempt is being made to interest buyers in new heavy weights
as yet. In satinets and cotton-warp gcods business is quite
slow and there has bpen no new feature in the demand for
overcoatings or cloakings. Flannels and blankets are quiet.
Fall dress goods are in moderate re-order request and new
spring lines still receive but indifferent attention.
D o m e s t ic C o t t o n G o o d s — The exports of cotton goods
from this port for the week ending Oct. 19 were 3,726
1896.
Oct. 17.
Stock o f P rin t Olotht—
At P rovldenoe, 61 squares. 388,000
At Fall River, 64 sq u a res.. 85 4,000
A tF all R iver,odd. sizes . . . 901,000
1895.
Oct. 19.
76,000
21,000
53,000
1894.
1893.
Oct. 20.
Oct. 21.
41,000
192,000
25,000 >
103,000 S 415,000
150,000
172,000
607,00 0
F o r i g n D r y G o o d s . —Business
in foreign merchandise has
been of a perfunctory cuaracter during the past week.
Seasonable lines have sold in limited quantities only at irreg
ular prices, and orders for spring grid s have come forward
slowly for dress goods, silks, ribbons and fancy lines.
I m p o r ta tio n s a n d W a r e h o u s e W it h d r a w a ls o f D ry G o o d s
The importations and warehouse withdrawals of dry goods
at this port for the week ending October 23, 1896, and since
January 1, 1896, and for the corresponding periods o f latt
year are as follows:
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1HE CHRONICLE.
O c to ber 24, 1886.]
g T M ? ATMD C ity P m f t T M m ,
TERM S OF S U B SCRIP TIO N .
763
On tbe same day four bids were received for §110,000 of 4
per cent sewer bonds to be dated October 1, 1896, and to
matnre October 1, 1926. The offers were as follows ;
E. H. Rollins & Sons, B oston..........................................................
Sea8ongood <fc Mayer, Cincinnati............. ..
.
Dietz. Denison & Prior. Boston.......................................................
R. L. Day & Co., B oston...................................................................
104*17
102-76
102*27
101*39
T he I nvestors’ S upplement will be furnished
Both loans were awarded to Messrs. E. H. Rollins & Sons.
without extra charge to every annual subscriber of tbe
Bond Offering.—City Auditor H. L. Rossiter is now asking
Commercial and F in an cial C hronicle .
for bids until 12 o'clock noon on November 6, 1896, for the
T he State and City S upplement will also be fur purchase of $3 JO,000 of 4 per cent city of Cleveland water
works coupon bonds maturing OV** tr 1, 1926. The bonds
nished without extra charge to every subscriber of the will be dated October 1, 1896, and ooth principal and semi
annual interest will be payable at the American Exchange
C hronicle.
National Bank in Ne v York City. A certified check drawn
T he Street R ailw ay S upplement will likewise on a national hank for 5 psr cent of the amount of bonds bid
and payable to the order of the “ Treasurer of the City of
be furnished without extra charge to every subscriber for
Cleveland," must accompany each bid. No bid will be enter
tained unless made on a blank form, which can be obtained on
of the Chronicle .
application to the City Auditor.
T he Q uotation S upplement, issued monthly, will
Bids will also be received until November 10 for 4 per cent
also be furnished without extra charqe to every sub river and harbor bonds for $250,000, maturing October 1.1926,
and until November 13 for 4 per cent sewer bonds for $35,000,
scriber of the C hronicle .
of which $23,000 will mature October 1, 1916, $6,000 October
TERMS fo r th e C h r o n i c l e with the four Supple 1, 1902, and $6,000 October 1, 1903,
College Hill, Ohio.—Bond Offering.—Proposals will be re
ments ab ove n am ed are Ten ollars within the United ceived
until 12 o’clock noon, Novemoer 16, IS96, by the Vil
States an d Twelve Dollars in Europe, which in both lage Clerk, F. R. Strong, at the office of E. F. Layman. 32 East
Third Street, Cincinnati, Ohio, for the purchase of $5,653 44
cases in clu d es p osta g e.
of 6 per cent avenue-improvement bonds of tbe village. The
Terms of Advertising—! Per lac!) space.)
On® time ............................. ... $3 50 I Tar Month® (13 tlra©a)..$25 00
On® Month
(4 tlru**«).. 11 00 91s oaths
(‘26 times).. 43 00
(8 times).. 18 00 I Twelve Mouths (52 times).. 58 00
(The shore terms for one month end ODwnrd ere for ataudin* o&rds.
Two Months
T h e purpose o f this State a n d City D ep artm en t
is to furnish oar subscribers with • weekly addition to and
continuation of the State and C it y S upplement . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws w e
shall analyze in the “ State and City Department," we expect
to bring down weekly the information contained in tbe
S tate and Cit y S upplement to as near the current date as
possible. Hence every Subscriber w ill at all tim es possess a
complete and fresh cyclopaedia of in form a tion respecting
Municipal Debts.
B o n d P ro p o sal* and N eg o tia tio n *.—We have re
ceived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
•ale.
Bath, S. Y.—Boml Sale.—School bonds of Bith to the
amount of $25,000 and bearing interest at lb * rate of 6 per
cent have been sold at par.
Boston, Base.—Bond Sale.—City Treasure Alfred T. Turner
reports to the CnaONIct.e that the entire $7tK>,000 of the B u«
Hill and other aver.ue* loan ha* b*en sold. Th<* securities
bear 4 per cent interval and mature July 1, 1936. This dis
poses of all tbs bonds which were first offered for sale in
June.
Bond Offering -Proposal* will now be received until Oct.
29th at 12 o'clock x. for $1,009,000 of 4 per cent 40 year
sinking fund bonds of the rapid trai nit loan. Interest on the
securities will be payable semi-annually.
B rooklys. V. Y.—Bond Offering.-Proposals will be re
ceived until S o * 'm * r 5:n at 12 o'clock noon hr City C im j
troller George (V. Palm *r for the p u rch isiof 3 'j p*r cr it
gold bond* of the City of Brooklyn to the am>unt of $2,115,242, described as follow*:
LOANSTTAen Due.
LOANSW**« Die.
K a rr K i v s a B r i d o s -
L 't c s t . i H e s o r S M S W —
3>*s JA I.3J loOjux.Jan. 1. 1937
scilooi. Bom *—
3>»*. JA 1.91 "O.QOO*
3>*f. JAJ, 100.0 mi*
V'.OOO*
3>*«. JAJ. 92,1-0.g
3 H * . J A f.
Psbk
f*o.
J»n.
J »o
J»o.
1, t o i l
1. t»25
t. l f i S
1. t»3 «
Bo n d s —
3V *. JAJ.
♦lO.OO’ z.Jalv l , 1913
W a t s * Bo n d s—
3 t*e. IA J, *7 ei.o Or J*a. 1. 1937
Aoxiliakt S*w » bs—
3 He. JAJ.
Haws*
r (i.DJOi J»o. 1. 1936
Bo n d * —
3 He. JAJ, 3100,000* Jan. 1, 1933
3H*. JAT. #245 •0 •x.Jau. 1,1916
W itU B U D r Makkkt —
3 Hi*. JAJ, #JVuOO*.Jan. 1, 1921
W iL u n o o t B o m v
3's*. J .tl. 365.otMe.Jan. 1.1925
Clrr m u Bonn*—
3H«. JAJ. 325.000*. Jan. 1, 1921
IIK1DOK BoNIM3H*. JAJ. -tl2.000e.Jan . 1, 1936
U SAV ESSVD B >ND»—
3 He. JAJ. 311,V49e.Jan. 1,1936
CsHTirioATS* o r I ndsbtbdnbss .
3*a*.JA L *lo.oi e .S o r 10,’97-'0l
(36.000doe yearly.)
All of tbe above b >nds. stock and certificates of indebtednsvs as to principal and interest will be payable io gold coin.
They are exempt fr >m all taxation except for State purposes.
Cleveland. Ohio.—Bond Sale.—On October 29 the follow
ing bid* were received for $102,000 of 4 per cent sewer bonds :
Sesanneond A M ir -r . fin o la o a tl.......... ....... — . . . . . . . . . . . . . . .
k h ' -■
............................................ .............
100 IS
Tbe securities will be dated October l, H96, interest will be
payable semi-annu tlly at the American Exchange National
Bank and f t ’.,not >f tit-* a ’inner, wid in''tire in 19)1, $30,000
in m » . f .’ i.OOO in 1835 an<l 23,000 in 1906.
securities will be issued in denominations of $565 each, with
the exception o f one bond, which will be for the sum of
$568 44. The bonds will be dated November 16, 1896, inter
est will be payable annually, at the Citizens’ National Bank,
Ciccinnati. Ohio, and the principal will mature in ten years
from date of issue.
Columbus, Ws.—Bond Election.—On February 23,1897, the
citizens of Columbus will vote on the question of issuing
$290,000 o f water-works bonds,
Coraopolis, Pa.—Bond News.—'Tbe borough of Coraopolis is
to ts-me bonds f r water works and sewers. The chairman of
the Finance Committee, William J. Neisou, recently sold
$8,000 of 4Jj per cent 30-year water bonds at par. The secur
ities are opuoaal after 5 years from their date of issue.
Tbe following statement of the borough’s financial condi
tion is made by the president and clerk of the council.
The present asto-sed valuation of the borough is $1,100,000,
indebtedness. $22,000; population about 3,000. Principal in
dustries: Consolidated Lamp and Glass Company's works,
with 331 employes, bi-weekly pay-roll between $6.000and$7,000
and >spending in the borough $250,000 annually; Standard Oil
Company’s extensive pumping stations, various oil refineries
and other industries. Transportation facilities- P. & L. E.
RR., Montour RR. and P. N. I. & C. Railway, the latter an
electric street railway, having connection witn the city of
Pittsburg.
It is thought that by the next triennial assossm nt, one
year from now, the valuation will be at least $2,009,0)0 and
the population, at the present rate of increase, 4,000 to 5,000.
Cumberland County, N. J. —Bond Side.—Edward C. Jones
Co. of New York have been awarded $15,000 of 4^£ per
cent jail bonds of Cumberland County. The bonds will ma
ture at the rat** of $3,000 annually from November 1, 1936, to
November 1, 1910, inclusive.
Elko County, Nev.—Bond Sate.—Elko County ha3 awarded
$5,000 of school bonds at a premium of $50.
Fort Dodge School District, Iowa.—Bond Sale.—Bonds of
this district have been sold to Messrs. S oitzer & Co., of Cleve
land. Ohio. Tne securities are dated October 1, 1894. bear in
terest at tbe rate of 51^ per cent and will mature October 1,
1906.
Hood Thunder—Bond Sate.—Village Recorder F. L. Austin
reports to the CHRONICLE that $5,000 of 0 per cent 6 to 11
year serial bonds have been sold for $3,100.
Orsnd Haven, M ich—Bond Sale.—Electric light bonds of
this city to the amount of $ 10,000 and bearing interest at the
rate ot 5 p:r cent have been sold at par.
Hartford. Conn.—Bonds Proposed.—The city o f Hartford
will soon offer for sale $250,000 of 3>£ per oent 25 year public
improvement bonds. The securities are to be issued for the
purpose of constructing intercepting sewers in the valley of
the Park River and the north and south branches thereof.
Hastings, Neb.—Bond Election— It is reported that $3,000
of water-works improvement bonds of this municipality will
be put to a vote of tbe people.
Indep ndence, Mo.-R o n d Election.—It is reported that
the proposition to issue $10,000 of City Hall bonds will soon
be submitted to a vote of the citizens of Independence.
Kankakee, III.—Bond Sale.—This city has sold $25,000 of
6 per cent improvement bonds at 104.
Lancaster, O.—Bond S de.—Tpis city has awaked $65,000
of 6 per cent City Hall bonds at a premium of $377 40.
Linsdnwne, Pa.—Bond Sale.—On October 14, 1896, the
Council of Lan?downe borough awarded §10,000 of highway
improvement bond® to E iward G. J >nes C j ., ©f New York,
at a premium of §375. Oth r bidders for the In n were Iieyl
THE CHRONICLE.
764
& Major, who offered $125 90 premium, and R. H. Kelly, who
offered $17 50 premium. The securities will bear interest at
the rate of
per cent and mature in 1926.
Le Roy, N, T.—Bond Sale.—This municipality has disposed
of $15,000 of 4 per cent 15-year water-works bonds at par.
Montclair, N. J.—Bond Sale.—This city has sold $52,000
of 5 per cent sewer bonds at 100'9815.
Monnt Vernon, Mo.—Bonds Authorized—It is reported
that water-works bonds of Mt. Vernon to the amount of $16,000 have been authorized.
New York City.—Bond Offering.—Proposals will be re
ceived until 2 P. M. of November 9, by City Comptroller
Ashbel P. Fitch, for $16,045,590 70 o f
per cent gold con
solidated stock of the City of New York, described as follows:
LOANS—
When Due.
LOANS—
When Due.
N a t u r a l H i s t o r t M USEUM
S ' ? . , M -N ,S 2 5 O ,0 0 0 g .M o v . 1 , 1 9 1 7
Park s and Pa r k w a y s—
H ARLEM R i v e r B r i d g e -
3iflg..M-N,$100,000g.Nov. 17,1917
Sch ool Bon d s—
38jg.. M -N ,$I?5,0 00g.N ov. 1,1918
3hsg., M-N, $1,925,141*.,
Nov. 1,1915
R e p a v i n g R o a d s , A c .—
38ig., M-N, *100,000g.N ov, 1,1 917
Sch o o l I m p r o v e m e n t B on d s—
3iflg.,M-N, $ L02,849g
D o c k B on d s—
N ov.1,1916
3Lsg ,,M-N, $1,000, OOOg.Nov.l, 1927
Colleg e o f N e w Y o r k —
R e d e m p t io n B o n d s —
3iag.. M-N, $15S,600g-No v. 1,1915
3h>g.,M-N,$7.O0O,OOOg,Nov.l,1922
Change o f G r ad e —
St a t e I n s a n e T a x —
3%g.. M-N, $*5 ,000 g..N ov. 1,1911
3728, M-N, $l,2 00,0 00g..
N ov .1,1 916
R e p a v i n g S t r e e t s a n d A v e s .—
3 L g „ M-N, $600.000g.N ov. 1, 1917
N e w E a st R iv e r Br id g e —
3kig., M-N, $30(\000g.N ov. 1,1918
i
A d d i t i o n a l W a t e r St o c k —
3'4g.,A-0,$2,750,OOOg.Oot. 1,1915
The securities will be issued iu the form of coupm or regis
tered bonds, and they will all be exempt from city and county
tax. The stock issued for the payment of the State tax for
the insane will be exempt from taxation by the State as well
as by the-city and county.
Those persons whose bids are accepted will be required to
deposit with the City Chamberlain the amount o f stock
awarded to them at its par value, together with the premium
thereon, within three days after notice of such acceptance.
In the event of failure to make such deposit the Comptroller
will have the option of awarding the stock to the next highest
NEW
LOANS.
PROPOSALS FOR
$ 16,0 4 6 ,5 9 0 .7 0
bidder, or of re-advertising the stock for sale, and the bidders
failing to make such deposit will be liable to the city for the
loss, if any, thus sustained.
The City Comptroller's official notice o f this bond offering
will be found among the advertisements elsewhere in this
Department.
Niles, 0 .—Bond Sale.—On O d. 17, 1896, City Clerk John
L McDermott, sold $11,000 of 6 p-r cent paving bonds o f
Niles to the First National Bank, of Niles, O , for $11,012 50.
Norfolk, Ya.—Bond Sale.—The citv of Norfolk has sold the
$29,500 of 5 per cent coupon bonds which were recently of
fered by the City Treasurer, at prices ranging from 101 to 105.
The securities will be of the denomination of $500 each. In
terest will be payable semi-annually, on March 1 and Septem
ber 1, and the principal will mature Sept. 1,1926.
Norwood, Ohio .—Bond Sale.—The $25,568 45 of 6 per cent
refunding bonds recently offered by the village of Norwood
have been taken by the Atlas National Bank of Cincinnati, O.,
at a premium of $200. Oue other bid was received for the
loan. The bonds were issued for the purpose of refunding
certain indebtedness of the village, and will be of the denomi
nation of $580 each, with the exception of one bond which
will be for $569 45, The securities will be dated October 1,
1896, and the principal will mature in ten years from date of
issue.
Okolona, Miss.—Bond Offering .—The city of Okolona has
voted to issue water-works and electric-light bonds to the
amount of $30,000. Toe securities will bear interest at the
rate of 6 per cent per annum, pavable semi-annually at the
Hanover National Bank in New York City, and will run for
twenty years, with option of call after five years. The bonds
will be ready for delivery about Dec. 1, and no bids of less
than par will be considered.
The city has no other boaded debt. Its floating debt is
$7,000. The assessed valuation is about $601,000 and the real
value is over $1,000,000. Population is estimated at 2,501.
Otero County, Col.—Bond Election.—On November 3, 1896,
bonds to the amount of $15.00) vill be voted on f ir the pur
pose of erecting a county court house.
N E W LOANS. 1
1 0 2 , 8 4 9 3 3 CONSOLIDATED
STOCK
OF
T H E CITY OF N E W YORK.
S A N IT A R Y I M P R O V E M E N T
SCHOOL HOUSE BONDS. Prin
cipal payable November 1st, 1916.
Interest payable May 1st and No
vember 1st.
E X E M P T EROM T A X A T IO N
b y the C t y and C ounty o f New
OF
1 5 8 ,6 0 0 OO C O N S O L ID A T E D
STOC K
OF
T H E C IT Y O F N E W Y O R K .
FOR
NEW
GROUNDS
A ^D
B U IL D IN G S FO R T H E C O LL E G E
O F T H E CLTY OF N E W Y O R K ,
Principal payable N ov e m b e r 1st.
1^15. Interest payable M ay 1st and
N ov e m b e r 1st.
31% Gold Bonds
OF T H E
E X E M P T FR O M T A X A T IO N
C I T Y OF NEW YORK.
b y th e City and C ou n ty o f New
Y o rk .
8 5 ,0 0 0 OO C O N S O L ID A T E D
STOC K
OF
T H E C IT Y O F N E W V O R K ,
FOR
THE
PAYM ENT
OF
AW ARD S.
C ^ST S, C H A R G E S .
AND
E X P E N S E S C E R T IF IE D
B Y T H E C H A N G E OF G R A D E
D A M A G E COM M ISSION.
P rin
cipal payable N ovem ber 1st. 1911.
In terest payable M ay 1st and N o
ve m b e r 1st.
E X E C U T O R S . A D M IN IS T R A T O R S , G U A R D IA N S
A N D O T H E R S H O L D IN G T R U S T FU N D S. A R E
A U T H O R IZ E D . B Y A N A C T O F T H E L E G IS L A
T U R E P A SSE D M A R C H U , 188P, TO IN V E S T IN
E X E M P T F R O M T A X A T »ON
T H E S E BO N DS A N D STOCK.
b v th e City and C ounty o f N ew
Y ork
8E A LE D PROPOSALS W IL L
B E R E C E IV E D
Dy th e C om ptroller o f th e City o f N ew Y o rk a t his
6 0 0 .0 0 0 0 0 C O N S O L ID A T E D
office, N o. 280 B road w ay, in th e City o f N ew Y o rk ,
,
until
M o n d a y, th e Otli D ay o f N o v e m b e r, 1 8 9 6,
A T 2 O’ C L O C K P . M .,
w hen th e y w ill be pu b licly open ed in th e presence o f
th e C om m issioners o f th e Sinking Fu nd, o r such o f
th em as shall atten d, as p ro vid e d by law, f o r the
w h ole or a part o f th e fo llo w in g -d e s c n b e d Coupon
o r R egistered B on ds and Stock o f th e City o f New
ST O C K
OF
T H E C IT Y O F N E W V O RK .
FO R R E P A V I N G S T R E E T S A N D
AVEN U ES.
Principal
payable
N o vem ber ’ st, 1917. In terest pay
able M av 1st and N ovem ber 1st.
E X E M P T FROM T A X A T IO N
by th e City an d C ou nty o f N ew
Y ork .
3 0 0 .0 0 0 OO C O N S O L ID A T E D
STOC K
OF
THE
C IT Y OF
NEW YORK,
F O R T H E C O N ST R U C T IO N OF
TH E
NEW
EA ST
R TVER
B R ID G E . P rincip al payable No
ve m b e r 1st. 1918. In te re st payable
M av 1st and N ovem ber 1st.
$ 1 0 0 ,0 0 0 OO C O N S O L ID A T E D
STOCK
OF
T H E C IT V
OF N EW
YORK
FO R
C O N S T R U C T NO
A
B R ID G E
OVER
TH E
HAR
LE M R IV E R A T T H I R D A V E
N U E . P rincipal payable Nuvem
ber 1st, 1917.
Interest payable
M ay 1st and N ovem ber 1st.
E X E M P T FR O M T A X A T I O N
b y th e City and C ou nty o f N ew
Y ork.
1 *9 2 5 ,1 4 1 37 C O N SO L ID A T E D
STOC K
OF
T H E CITV
O F N E W YO RK ,
K N O W N AS “ SCH O OL H OU SE
BON I S.” P rincipal payable N o
v em ber 1st, 191?. Interest payable
M ay 1st and N ovem ber 1st.
EXEM PT f r o m t a x a t io n
by th e City and C ou nty o f N ew
Y ork.
N E W LOANS.
1 0 0 .0 0 0 OO C O N S O L ID A T E D
STOC K
OF
T H E C IT Y O F N E W YO R K ,
FOR
R E P A V IN G
ROADS,
S T R E E T S A N D A V E N U E S IN
TH E
T W E N T Y - T H IR I)
AND
TW ENTY- - FO U RTH
W ARDS.
P rincip al payable N o v e m b er 1st,
1917, In terest payable M ay 1st and
N ov e m b e r 1st.
E X E M P T F R O M T A X A T IO N
by th e C ity anu C ou nty o f N ew
Y ork.
1 .0 0 0 . 0 0 0 0 0 C O N S O L ID A T E D
STOC K
OF
T H E C IT Y OF N E W Y O R K .
K N O W N A S “ D OCK B O N D S.”
P rincip al payable N o v e m b er 1st.
1927. In terest paya ble M ay 1st and
N o v e m b e r 1st.
E X E H PT FROM T A X A T IO N
by th e City and C ou nty o f N ew
Y o rk .
7 .0 0 0 . 0 0 0 0 0 C O N S O L ID A T E D
ST O C K
OF
T H E C IT Y OF N E W Y O R K .
F O R T H E R E D E M P T IO N OF
BO N D S A N D STOCK M A T U R IN G
IN T H E Y E A R 1896. Principal
payable N o v e m b e r 1st, 1922. In t
erest payable M ay 1st and N o v e m
b e r 1st
E X E M P T F R O M T A X A T IO N
by th e City an d C ou n ty o f N ew
Y ork .
1 .2 0 0 .0 0 0 0 0 C O N S O L ID A T E D
ST O C K
OF
T H E C IT Y O F N E W Y O R K .
FO R T H E P A ' M ENT OF S T A T E
T A X E S F O R T H E S U P P O R T OF
T H E IN S A N E . P rincip al payable
N o v e m b e r 1st. 1916. In te rest pay
a b le M ay 1st a n d N ov e m b e r 1st.
E X E M P T F ltO X I T A X A T I O N
2 .7 5 0 .0 0 0 0 0 C O N S O L ID A T E D
ST O C K
OF
T H E l 1T Y O F N E W Y O R K ,
KNOWN
AS
A D D IT IO N A L
W A T E R ST O C K OF T H E C IT Y
O F N E W YO R K . P rin cip al paya
ble O ctober 1st, 1915. In terest pay
able A pril 1st and O cto b e r 1st.
EA I'.tlP T FR O M T A X A T I O N
b y th e City and C o u n ty o f N ew
Y ork .
E X E M P T FRO M T A X A T IO N
by the City and C o u n ty o f N ew
Y ork, bearing in terest at th re e and o n o -h a lf per cent
per annum , to w it :
[VOL. LXIII.
2 5 0 .0 0 0 00 C O N S O L ID A T E D
STOC K
OF
TH E
C IT Y OF
NEW YORK
F o r T H E C O N STR U C TIO N A N D
E Q U IP M E N T O F T H E
W EST
W IN G
OF
TH E
A M E R IC A N
M U SEU M OF N A T U R A L H S T O R Y . P rincipal paya ble N ovem
b er 1st. 917. Interest payable May
1st and N ovem ber 1st
E X E M P T F R O M T A X A T IO N
b v th e City and C ou nty o f N ew
Y ork.
1 7 5 .0 0 0 OO C O N S O L ID A T E D
STOC K
OF
THE
C IT Y OF
NEW YORK
F n R T H E IM P R O V E M E N T OF
P U B L IC P A R K S . P A R K W A Y S
A N D D R IV E S IN T H E C IT Y OF
N E W YORK.
Principal payable
N ovem ber 1st. 1918. In terest pay
able M av 1st and N ov e m b e r 1st.
E X E M P T FROM T A X A T I O N
by th e City and C ou nty o f^ N e w
Y ork.
T (£E P R I N C IP A L OF A N D T H E IN T E R E S T
ON T H E A B O V E -D E S C R IB E D
BO N D S A N D
ST O C K A R E P A Y A B L E IN G O L D COIN O F T H E
U N IT E D S T A T E S OF A M E R IC A , OF T H E P R E S
E N T S T A N D A R D OF W E I G H T A N D F IN E N E S S ,
A T T H E O F FIC E O F T H E C O M P T R O L L E R OF
T H E C IT Y OF N E W Y O R K .
T h e proposals sh ou ld he in clo se d in a sealed e n
v e lo p e , in d o rse d “ P roposals f o r Bonds o f th e C orp o ia tio n o f th e C ity o f N ew Y o rk ,’ ’ and th en inclosed
in a se co n d e n v e lo p e , add ressed to th e C om ptroller
o f th e C ity o f N ew Y ork.
F o r fu ll in fo r m a tio n se e City R ecord .
A S H B E L P. FITCH ,
Comptroller.
THE CHRONICLE.
O ct o b er 24, 1896.j
Passaic, N. J .—Bond Offering.—The city of Passaic is offer
ing for sale $23,000 of 5 per cent bonds of the denomination
of $500 each. Iatereat will be payable semi-annually at the
Passaic National Bank. The securities will be dated Nov. 1,
1896, and will mature at the rate of $1,090 yearly, beginning
Nov. 1, 1900.
Perry, (is .—Bonds Authorized.—Water-works bonds of
this municipality, to hear interest at the rate of 7 psr cent and
run for thirty years, have been voted
Port Chrster, V Y.—Bond Sale.—It is reported that Port
Chester has sold $6,000 of 0 per cent school bonds at par.
Portsmouth, Va. —Bowl S ale—This muoicipali y has dis
posed of sewer bonds to the amount of $15,009.
St. Joseph C iaaty, la d .—Bowls Authorized— The Board
of County Commis-ioners of St. Joaepn Ciunty hive author
iz 'd the issuance of
per cant Court H niie bonds to the
amount of $J73,0<)0. 1 iterest and princioil will be payable
at the Chemical National Bank of New York City in gold or
it* equivalent if so desired. After five years from their date
o f issue the bonds will begin to mature at the rate of $10,090
yearly until the sum of $100,090 has b.-en paid, than $15,000
will mature yearly U'ltil $203,000 of the loan shall have been
paid. The remainder will mature at the rate of $17,000
yearly.
No exact date has as yet been set for the sale, but it is prob
able that the securities will be offered about Nov. 25
Toledo, Ohio. —Bond Sale.—It is reported that $30,000 of 4
per cent refunding bonds of this city have been taken by the
sinking fund.
Waxahaedle, Texas.—Bonds Authorized.—Sewer bonds o f
this municipality to the amount of $1,000 have been author
ized.
Yonkers, N. Y.—Bond Sale.—It is reported that $6,200 of 4
per cent 13${-year building and assessment bonds of Yonkers
have been taken by tne sinking fund at par.
Youngstown, O.—Bond Sale—On Oct. 19.1896, Seasongood
&. Mayer were the successful bidders for $3,300 of 5 per cent
2-fl year "grading bonds of Youngstown. The bids received
were as follows:
N E W LOANS.
Mahoning National Bank, Youngstown, O ............................... $5,300 00
Dallas 8aviogs & Trust Oo„ Youngstown, 0 ............................... 5.301 00
8. V. K ean ,C hicago,111...................... ..................................... ...... 5,300 00
8ea*ongooil & Mayer, Cinoinnati. O ................... ........................ 3,331 75
W. J. Hayes & Sons, Cleveland, O ....................................... ......... 5,315 00
STATE AND CITY DEBT CHANGES.
We subjoin reports as to municipal debts received since
the last publication o f our S t a t e a n d Ci t y S u p p l e m e n t ,
Some of these reports are wholly new and others cover items
of information additional to those given in the S u p p l e m e n t
and of interest to investors.
Fresno County, Cal.—The following statement has been
corrected to October, 1836, by means of a special report to the
C h r o n i c l e from H . A. Barnum, County Auditor, The tax
rate as given below includes State and county tax and special
road tax, which is levied on property outside o f cities and
towns for the building and maintenance of roads.
County seat is Fresno.
LOANS—
When Due. T ax valuation, real___$23,690,697
R o a d & B r id g e B o n d s —
T ax valuation, p e rs o n ! 2,716,752
7s, JAJ, $5,000........................ 1893 T ax valuation, railr'ds. 1,959,761
7s.J A J , 7,5 00....................... .1899 Total valuation 18 96...28,3 67,2 10
7s, JA J, 2,5 00.........................1900 Assessment about % actual value.
B r id g e B o n d s —
State & CO. tax (per $1,000) .$17 50
6a, JAJ, $ 8 0 .0 0 0 ..................... 1905 Population in 1890 w as.......32,026
Total debt Oet., 1(596......... $95,000 Population in 1880 was....... 9,478
Population in 1896 (eat.).. . 42,500
Like Birgoe Levee District, L i .—John Dymond, Presi
dent. The following has been corrected by means of a special
report to the C h r o n i c l e from H. S. Ball, Secretary of the
Board of Commissioners.
LOANS—
N E W LOANS
Mayor.
ISAAC H. STTROno.V.
Comptroller.
Attest:
IL J
We own various issues of very desira
ble investment bonds, the principal and
interest being payable in gold.
A full description o f these bonds, with
attractive prices, will be mailed upon
application.
BONDS.
C O R R E S P O N D E N C E S O L I C IT E D .
City and County Bonds.
DIETZ, DENISON & PRIOR,
39 COfTOIBiW HTREKT. - BOSTON.
1 0 9 § s y f r l s r S tre e t, C le v e la n d , O,
13 W A L L S T R E E T .
P H IL A D E L P H IA .
-
N E W Y O R K ,.
16 Congress Street, Boston.
STATE CITY & RAILROAD BONDS.
M U NICIPAL BONDS.
C ITY OF
YORK
G O LD BO N D S.
D U B N O V E M B E R 1st. 1916.
IN T E R E S T P A Y A B L E J A N . 1st A N D J U L Y 1 m
Ex e cu to rs . Administrators, G uardians and o th ers
holding trust fu n ds are authorised by an net o f the
New \orh legislature, passed M arch 1 4 . 1800, to In-
E. C. STANWOOD & Co.,
BAN K ERS,
121 Devonshire Street.
BOSTON.
LIST S SENT UPON A PP L ICAT IO N .
W. J . Hayes & Sons,
r U O I M n ) PARTICULARS O K A P P L IC A T IO N
HANKERS
Rudolph Kleybolte & Co.
DEALERS IN MUNICIPAL BONDS,
H A N K P .K *
Street Railway Bonds, and other hi^h-grade in
vestments.
C l e v e l a n d , Ohio,
3 1 1 -3 1 3 S u p e r i o r St.
Cable Address, “ KENNETH.”
BOSTON, M A 89 .,
7 E xchange Place.
^ • 2 0 0 , 0 0 0
.E N D POH L O T
BOSTON.
BANKERS,
New Y o rk ,
J W a ll Street,
SAFE INVESTMENTS.
BANKERSCH IC A G O .
Blodget, Merritt & Co.,
CINCINNATI. O.
C h ira c* .
119 Dearhern Struct.
N. W. HARRIS & CO..
S3 ST A T E S T .. BOSTON. M ASS.
3 X PcR C E N T
Farson, Leach & Co.,
Bought and Sold.
E. H. ROLLINS & SONS,
N EW
R egister.
N E W LOANS
GOVERNMENT an d
M U N IC IP A L BONDS
C P. W A L B K I lX iE .
: L. s . :
Assessed valuation—
St, Bernard Parish...... $1,080,342
Plaquemines Parish (east
b a n k )........................... 570,136
Total valuation 1896___ 1,650,478
Population in '90 was a b t.,1 0 ,3 2 6
When Due.
C ov srR U C T lO N A M a i s t . —
e». MAN. $ 1 0 0 ,0 0 0 ...Nov. I, 1912
Subject to c a l l 1w yearly after 1902
Interest payable at State Treasury,
Baton Rouge.
Notice of Redemption.
U a r o a '* O rn c* .
j
9t . Lucia , April joth. 1806. I
To wkom it may co n c e rn :
Xotleu Is hereby ftTtm that the bond* o f the Clip
Of Si. Louie. u«a«d under authority o f ordinance
Mo. 11,008. number*J from ninety Are hundred and
ninety to ninety-seven hundred and ninety two,
both inclusive, mil be redeemed on the third day of
Motember, elehteen hundred and ninety «U. pur
suant to the tana* o f said ordinance No. I t.' rt, and
the term * expressed la Mid bonds, and th at u ld
bonds will eease to bear tntenmt on Mid third day o f
November. i»96. Said bond* are dated May 3d, IASI,
are payable May 3. IM S. and are redeemable at th e
option of the CMy o f 9t. Louis at any time after fen
year* from their date.
Each of said bonds, when presented for redemp
tion. oust bare the fourteen unearned sem i annual
Interest coupon*, numbered from twenty -seven t o
forty, tocUstyu, attached.
These bond* are called 'n for the purpose o f per-
765
C I T Y of CAMDEN, N.J.,
4% 30-Year Water Bonds.
P R IC E ON A P P L IC A T IO N ,
EDWD. C. JONES CO.,
421 C H E S T N U T S T R E E T ,
PHILADELPHIA.
80 IlH O A D W A V,
NEW TORE.
M O RTG AG E LO AN S
IN
TEX A S.
Intercut T Per Cent Net.
—-f
NO COMMISSIONS charged borrower or lend,
until loans have proven good.
FR AN C IS S M IT H & CO.,
SAN ANTONIO, T E X A S .
THE CHRONICLE,
766
Rome, Ga.—S. S, King, Mayor. The following statement
has been corrected to October, 189G, by means of a special
report to the C h r o n ic l e from Halstead Smith, City Clerk.
Rome is the county seat of Floyd County.
When Due.—
LOANS
R e f u n d in g B o n d s-
4129, . . . . $169,000___July 1, 1926
W a t e r B on d s' —
606
6s, J&J, $84,60 0.........Jail..
1
5 s , .......
30,0 0 ....... Apr. 1 ,1 9 0 6
* The w ater bonds are secured by m ortgage on the water works.
IN T E R E S T is p ayable in New Y ork and Rom e, and the ooupons are
tax-receivable. Interest has been prom ptly p aid since 187G, when the
olty m ade an adjustm ent o f her debt.
F u n d in g B o n d s —
5s, J&J, $36,000.......... Jau., 1912
BON D E D D E B T on Oct, 1, 1896, was $2S9,G00, Including the
water debt o f $84,600. The bonded debt in 1891 was $304,200.
The sinking fund receives yearly $5,000.
W A T E R W O R K S ow ned b y the city are valued at $200,000; the
earnings yield a surplus o f $4,000 por annum o v er expenses.
D E B T L IM IT A T IO N .—No liabilities oan be created by this city
until its present debt is paid.
ASSESSED V A L U A T IO N o f real estate in 1896 was $3,432,552;
personal property, $1,031,217; total, $4,463,769; city tax rate (per
$1,000) $11-00; in 1892 the total tax rate (per $1,000) was $21-00, in
cluding State tax, $1 -0 0 ; coun ty tax, $7-00, and city tax, $10-00. The
aotnal valuation was estimated in 1892 at $5,500,000. The total
assessed valuation in 1889 was $4,300,000.
The city 's charter lim its taxation fo r all purposes to $12-50 por
$ 1, 000 .
P O P U L A T IO N in 1S90 was 6,9 57; in 1880 was 3,877; in 1895 the
population w as 12,000.
[V ol.
LXIIJ,
North Dakota.—The following statement has been cor
rected b y means of a special report to th e C h r o n i c l e from
State Treasurer George E. Nichols.
LOANS—
When Due.
R e f u n d i n g B o n d s — (Con.)—
4s, M&N. $1 13,0 00.. M ay 1 5 ,1 9 2 0
4s, FifeA,
20,000. Aug. 1, 1921
4s, J&J,
30 ,000..J u ly 1, 1923
C a p it o l B u il d in g B o n d s —
4 , ........., $50,000........Ju ly 1, 1923
F u n d in g B o n d s —
4s, M&N, $106.000.M ar. 20, 1921
R e f u n d in g W a r r a n t s —
H o s p it a l B o n d s —
5 s ,.......$60,896..........April 1, 1897
6s, M&N, $5 0,00 0..M ay 1 ,1 9 0 4
Sub ject to call at auy ti me.
412s, M&N, $153,000 May 1 ,1 9 0 2
R evenue B onds -
4129, A&O, $150,000.Apr. 2 5 ,1 9 0 5
U n iv e r s it y B o n d s—
Gs, M&N, $ 6 ,0 0 0 ...May
Subjectto call after M ay
4s, M&N, $ 2 0 .0 0 0 ...M ay
4s, M&N, $ 2 2 ,7 0 0 ..M ay
ou b iecttoea lla fterM a y
P e n it e n t ia r y B o n d s—
412s, M&N, $1 4,40 0.May
S abject to call after May
1, 1917
1, 1897
R e f u n d in g B o n d s-
48, J&J, $ 3 8 ,6 0 0 ...July
1 ,1 9 1 5
1 ,1 9 0 3
1 ,1 893
1 ,1 8 9 7
1 ,1 9 0 9
1 ,1 8 9 9
IN T E R E S T and principal o f the above bonds are payable at the
Chemical N ational B ank in N ew York.
T O T A L D E B T .—'The follow in g shows the State’s bonded debt
floating debt and sinking fu nd on the dates n a m e d :
Oct. 1, ’ 96. Nov. 1, ’95. Jan. 1,’94. Nov. 1,’90.
Bonded d ebt...................$842,196
$845,807
$795,807
$689,807
Floating d eb t.................
65,000
130,000
.........................................
Sinking fu n d ....................................
20,000
........................................
ASSE SSE D V A L U A T IO N .—Tho State’ s assessed valuation (about
'2 half actual value) lias been as fo llo w s :
Total A su'd State tux
Years.
Real Estate. Personal Property. Valuation, p er $1,000.
1896...............$04,722,092
$28,676,886* ' $93,398,978
$4-30
1895.............. 69,006,738
25,785,584
94,792.322
4-50
1894......................................
............
83.630,553
4-50
1893......................................
............
82,351,987
4-50
'T h e assessed valuation of personal p rop erty for 1896 as given
above includes railroa 1 p roperty to the am ount o f $7,886,030.
D E B T L IM IT A T IO N .—The limitations to the debt-making pow er o f
State and m unicipalities of North D akota are found in Article X I I
K lickitat County, Wash.—The following statement con othe
f its Constitution. Tho provisions with reference to the m atter are
com
plete and stringent, and w ill be found on page 121 o f the S t a t e
cerning the finances of Klickitat County his been cimplied
a n d C i t y S u p p l e m e n t o f A pril, 1895.
- from an official report from H. C. Phillips, County Auditor.
P O P U L A T IO N O F S T A T E .- The p opulation o f N orth D akota has
County seat is Goidendaie.
been as follow s in the years named.
Bonded debt June 30, ’ 96.$70,200
F loatin g d ebt...................... 36,414
Total d eb t..............................106.614
Cash in treasury...............
13,660
I je t debt Juno 3 0 ,1 8 9 6 .. . 92,951
NEW
T ax valuation, real.......$1,579,650
T ax valuation, personal
602,99 )
Total valuation 1895... 2,182,650
Population In 1890 was........ 5,167
Population in 1880 w as........ 4,055
LOANS.
1 8 90...182,719
1 8 8 0 ...3 6 ,9 0 9
18 70...*1 4 ,1 8 1
1860. ..*4 ,8 3 7
The population in 1896 was estimated at 225,000.
* This is total for both North and South Dakota.
The increase o f population in North D akota in 1880-90, it w ill he
seen, was 145,810, equal to 395-05 per cent.
N E W LOANS.
W HANN & SCHLESINGER,
LEGAL INVESTMENT FOE TRUST FUNDS
AND SAVINGS BANKS IN THE
STATE OF NEW YORE.
M U N IC IP A L
$ 2 5 ,0 0 0
City
BONDS.
of Milwaukee, W is,
5% PARK BONDS.
D a te d J u ly 1 , 1 8 9 6 .
D u e in f r o m 1 to 2 0 Y e a r s .
2
W ALL
STREET,
NEW
YORK,
D e s M o i n e s , l a . , S c h o o l....................................4 ^ s
M u s k e g o n , M i c h ., F u n d in g .............................5 s
A s h la n d , W i s . , F u n d in g :................................... 5 s
B u r l in g t o n , W i s . , S c h o o l................................ 5 s
W a t s e k a , 111., S c h o o l ........................................ 5 s
R o c k R a p i d s , l a . . S c h o o l................................ 5 s
S h e r m a n . T e x a s , F u n d in g ...............................(is
F o n d a , l a . , W a t e r ............................................... (is
F O R SAJLE B Y
MASON, LEWIS & CO.,
BARKERS,
3 1 S ta te S t .,
1 7 1 L a S a l l e S t .,
B O S T O N ._______________________
M ills
&
B lanchard,
BANKERS.
A sse sse d v a lu a tio n .......................................... $142,078,753
B on d ed d e b t ....................................................
6,350,250
W ater d e b t ........................
1,654,250
N et d e b t ..................................
4,702,000
P op u la tion 260,000.
P rop erty ow n ed b y th e city is valu ed a t . . $19,000,000
D e v o n sh ir e
B u i ld in g ,
CHRONICLE VOLUMES.
SIN C E
1866.
A n y office possessin g th ese v o lu m e s has a - hand
f o r co n v e n ie n t r e fe r e n c e a co m p lete and reliable
financial h is to ry o f th e period.
P a rties h avin g the
m ore r e c e n t vo lu m e s can o b ta in fro m th e publishers
m o s t o f th e earlier volu m es, o r co m p le te sets can befu rn ish ed .
P R I C E OA A V 1*L I CATION.
C.
H.
W hite & C o., Bank and Trust Com party Stocks
72 B R O A D W A Y , N E W Y O R K .
New York and Brooklyn
C . H . Van Buren & C o.,
BOUGHT AND SOI J).
B AN K E R S AND B R O K ER S,
62 B R O A D W A Y , N E W Y O R K
STOCKS. BO N DS A N D H IG H -G R A D E
IN V E S T M E N T S E C U R IT IE S
Circular L etter, in clu d in g list o f s e le cte d Bonds.
Mailed F ree.
A N D R E W S
O F FIC E
DESKS.
M U N IC IP A L BO N D S
BOUGHT AND SOLD.
M IS C E L LA N E O U S .
A N D R E W S M A N U F A C T U R IN G CO.
Bank and Office F ittings. Fine Brass W o rk . Specia
designs on app lication .
SEND FOR CATALOGUE.
16 State Street, B o s to n , M ass. 76 F ifth
A v e ., IVew V o r lt C ity.
C LIN TO N G IL B E R T
^ W A L L B T ., N E W Y O R K
A . S trass burger,
STOCKS & BONDS B R O K E R *
SO U TH ER N IN V ESTM E N T SECUH1TIES.
Montgomery, Ala.
ftr u c iA
d
JR'j L K
(J
ovkr
—FOR—
W . N . Coler & C o.,
(J l I R ON IC I E
$ U P P IE M E N T »
C o n b e h a d a t office f o r 6 5 c e n t s or
BANKERS.
M U N IC IP A L BO N D S.
m a ile d fo r 8 0 c e n ts.
WILLIAM B. DANA COMPANY,
GENUINE
W SLUED CHROME STEEL AND IRON
^
34 NASSAU STREET
THE WALL STREET” JOURNAL
G ives va lu able in form a tion daily o n stocks and bond 3
6 a year.
D o w , J o n e s & Co., 41 b road Street.
U ound and Flat Bars and 5-ply p la te s and A n gle
„
FOK SACK S. V A U L T S , t c .
Cannot be Sawed. Cut or Drilled, and positively
B u rg lar P r o o f.
c h b o iw e
s t e e l
w o r k s ,
K en t A v e ., Kea p& H o o p e r Sts.
Sole M an’f ’era in the U. S. B B O O K L Y N , N . V . *
7 6 ^ P in e S t r e e t , N e w Y o r k .
Hand-Book of HR. Securities.
FOR 1896
W IL L IA M B. DANA C O U P A SY .
IB's P in e Street, N ew Y o r k .
@FedFRASER