Full text of Commercial and Financial Chronicle : October 3, 1896, Vol. 63, No. 1632

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tEnter©*! a ooor.Itu g t o A ct o f (b n t r O M , In th e y e a r IS J o , b y the V7

u. u a

* B. D m

OOM PAsr, In th e o ffice o f th e L ib ra ria n o f C on gress.

SATURDAY, OCTOBER 3, 1896.
%\xt C hccruicle.

YOL. 63.

The week’s total for all cities shows a loss of 14'6 per cent
from 1895. The increase over 1894 is 2 ’5 per cent and the
eain over 1893 is 10-8 per cent. Outside of New York the de
crease compared with 1895, is 14'7 per cent, the decline from
1891 is 4~9 percent, and the increase over 1893 reaches 7T p. c.

PINE STREET. N. W. CORNER OF PEARL STREET. N. Y.

CLEARING HOUSE RETURNS.

We*k ending Sept. 26.

For the month of Sjptembar and the nine month* the exhibit
ia as follows:
Septem ber.
1HU0 .

1

1806.

C lea rin g a t—

Bottom........

|

55 . 1<W,I1.T

L os A n geles
H e l e n a .. .. .. . !
T e e o ia ....... 1

4 ,6 1 0 /0 6
5 Ilia v il
1.- 77.647
2 + 31 ,904 '

U H T lV

ieettle.........
Spokane...... 1
Fargo..........
Sioux Palls... |
Total Pacifici

1+ 35. 164!
1,0 )0,719
2 »H.UXfil
76 .746. 7* 4*

54 . 403.MO0
6 . 1*0,174
4 ,6* 7.' 0*1
4.005.404
2.806.470
*J7
2. 170,+»7
1. 597+20

New Haven..

S prin gfield................

H a i t i a n .......

Tot.oth*r W.

47380,0

66,02

77.088.6
32 . 116.2
13.151+
0 .810,0

29, 739.076
11. 352.115
10.6 *4.' 96
0.222.0
9 . 714,320
12.320.5
0 , 6 *0,318
6 1 *7,S
8.221 67 U
0/fifl.S
0 .917.1 6 1
6 .1)03 :*HQ|
8.8*5?
l, 7Utf,*3J,4 *4 4.827,0$6.854

—2 o

405,873.767
44 .U16.32J
42. 44X.180
*3, 2 ».2"*5
22, 1*2 .516 !
» 1, 19".S 40
ix. 738.87fi

—S4 1
-4 2

11.UOl.fl »«|

+ lfi"2
y»V).fifiH +-4*2
2*7 7 17 —15 O

6.762.2X4
2552 .fi *6 •
710,06i,vs6| -*-0 0

7L0,SO4.*»9

376,001,0611 —3*1
40^2 IB,F» - O i l
2 *3. 587.16 !i > 9*7
AD. 440.041 - 7 9
13 t,t 8&80 P + 19*9
15.947.731 - m u
151.7* 1.273 , 8-8*3
160 S\3 /7 -t-7*3 |
101,741.224! —0-8
10.054. 21 * - 21-t)
6 l. 2 J6.019 —i l l
&.487.t OJ - 19 '
38.662 30 7 —6*4
3,69,1.409 —Id )
19.076.260 - 3 0
2 .1*04+17 - j - ,
1 J.774.3 J4 —3*7
L 251.U1X - 4 1
18.067.012 - 7*1
l.XOO.jOOj
1.240,901 + 4>
10.04 S.33 fi —0 0
1, 490.481'
1,711.218 - i 4*i
2.474 991 - 6 5
259. 473,
Jifi.UiT. + 0 5
2.3 3.619 + 9 1
2,xO1.00
290.-05 —fit
125. 170.7 4U 134.770.76 u - 7*1 1486 ^ 49 ,9*19 1459 .tlo. 9 o 7 + + 4
8H.10I.30S
32.UU.181
2". JOl.UJI
13.110. 45*)
13.305.7 95
14 0 *6 .05*'
T.500.QOO
7.2»W.3 lO
5 .730.755'
5» 3 .5 «J3
3 *>2.3 *0
3.x6 ),OjO
4,0 |e.l-2
*.St«.0 l ■
4. 400,000
1.47X.1.V*
1.2 X*).:)ll
9 IU 815
UU9 . 14-*

B7 .J18.SIB
29.284.841 + 12^
Hew Orleans..
28 . 107. U*h —12*fl
(fpatsrHleb...
12 .395.075 8-7-4
Galveston. - .
12 500+09 + 'I 4
B oeeto n . . ..
10+ 70 , 11* +.16-0
Bar an n a h . .
8.441.700 - 11*2
pm>inond ...
4.065.114 + -■5-0
M em phis.......
6 ,011 .0)1 4-1 i:i
Atlanta .....
4 wxj.431 + 0*4
Dallas .......
3 , 4fiH.:)i0 - 5 0
H ashrtlie.. .
JI.0 I2 .UV) +0*7
Wqrfotfc .. ... . .1
2 /U4/. 2M*, f 50*"
Waeqj........
- 0*01
8, 087+51 + 05*7 !
Augusta......
—1*0
Birmingham
1, 444,107 - J f S
Little Rock. I
h-2'2
Jacksonville
070+23 + 2*0
Chattanooga.
ta o .is i.io i 227 Sfil.lfil + 1*3
■3,701 WJi.tOH 4,176 115+ 0 * - 1 1 3
. 1,018,043,015 1.902 .235.400 -V l|

Montreal... I
Toronto.... j
H alifax... I
Winnipeg.
Hamilton..

4 S3 .586.fi
230,000.4
213.96 ! 1
177.4 »S.fi
131.008 4

485,847.4*00
WX.5K0 .il*
220. 40*.180
172, 8* LSI 0
1811305,9H)
77 ,0 *8,517

10.l*V< 8 li
5)3.5 2 .316
13.257.S35
14.7 1 . 7*3
A‘ « 0 .4$*»{
4. 400, 000 )
3.00 i 277 j
1. 47.1.249
1.203.0 30

Minneapolis..
Omaha.........
Sl Peel........
D earer..........
Bt. Joseph ..
Dee M nes
f l o e s City ..
Llnooln......
Wtefclte.... .
Topeka.......
Fremoat......

.|
J

4a,foo,0oo
2 4,8 *0.7 34
5,038.4 #»
4.fi4 . 7-8)
2 0 ’Ufiin
8O,S07,IO4

42.^51,019
22; %43.278 + 1 3

l.fiUl,
4.0*>8 9*i*l
2 .708.323
70.2 **4.408

+ ?ii

4-15 5
-*-4'6
+ 1*01

IL493>*10
1,120,832
1,139,944
835.712
460.842
451,050
445,000
454 028
213.324
46 877
16,060,116

P ro v id e n c e .......
H a r tfo r d ...........

:j.*8t.fif»2.0l8 3,360.180.2

+ 1*4
—1*1*9
+ 1*8
—21*5

70

San F r a n c is c o ..,,.
Salt Lake C it y .......
P o r tla n d .................
L os A n g e l e s . .. . .. .
H e le n a .... .............
T a co m a ....................
S e a ttle.....................
S p o k a n e . .. . . . . . . . .
F a rg o ........................
S io u x F alls............
T otal P a c if ic ....

Total M id d le....
Boston...............

354. 780,510 —10*6
47.4**X,*)5 ') —Ifi-fi
25 . 101.5.11 - l f i l
25.940.9 #1 - 13-0
20. 883.370,—12*0
16.873.000 —21*0
6 / 91.504 + 21*9
7+ l l . 4fi71 - 2**0
3 ,*01.917 —fi’ 4
l,J 8 *J.fiS8 - 18*0
l.<*-'0 .- 52 , —2*0
LfSVHlI —8*0
1.^38 .207 .—44*8
7 ; 4.:W4 —2*0
745+ Y —150
712.305 —«*5
513,885 .3 ,6 - 11*7

P o rtla n d .....

69.242.575
8.471 600
4,583.24?
4.772.304
3,614.848
2.713.000
1.745,1X4
1.161,488
1.000.5U9
589.647
178,229
2)9 538
231,000
198.5x4
117.919
144 2 8
166,519
522.0)7
99,810,479

R o c h e s te r ...........

S yra cu se...................
S cran ton ...................
W ilm in g t o n -......... .
B in g h a m to n ..........

Chicago.......

1

C h icago...................
C in cin n a ti.............
D e tr o it ...............
C le v e la n d ..............
M ilw a u k e e ...........
C o lu m b u s ........... .
Indiana p o l l ! .......
P e o ria .....................
T o le d o ....................
G rand R a p id s .........
L e x in g t o n ................
K ala m a zoo...............
A k r o n ........................
Bay C ity ...................
R o c k f o r d .... . . . . . .
Sorlngfleld, O h io ...
C a n to n ......................
D ayton *.......... . ••
T o t . M id. W e s tT

B u ffalo......................
W a s h in g to n ............

$32, 412,310
Providenoe... [ 17.S27.300
H a r tfo r d .........
8. 404.657 f
Nsw H aven...
5.073.7791
( f f t a g t o l d ....
6 ,OOl.0 #8
5.361+67
W o ro M t«r...
5.21 *,87fi
8.150 370
Pall Hirer..
owed..... .
2, 138,710
1.0*0 1771
i « Bedfo:
j 316. 272,BS6 j
« T .« 8S4 « |
C incinnati... | $0. 531.100
S*'.U40 .fi7 J|
D e tro it- . . . .
23.561.670 !
Oloreland...
M ilwaukee..
18 256,002
lk.fi 1
. .500
C olu m b u s.. .
!
7, 177.2571
6 .700.IXK)
P e o r ia ------ ...
2,UM7 , 4 'fi|
Brand Rapids
1,1«M
«
AMtaitof....
1.00*3,580
aalam atoo....
l.lST.l'O*
Akron. ..........
> ».rsa
Bar Citr....... t
759.021|
Bockf Td. ...
*29 , 1*3
000 j o 0 {
45J.578 .W 2

87.940.493
5.173,400
2,154.003
1.643,705
1.449,022
1,173,024
1,304.806
600.007
619,240
449,715
102,407,561

P h ila d e lp h ia ..........

3 .463.0B2 .0BO
3A 1.753.224 - 11*4
iufi.711 000
1U,220.8*H -OX#
B5JH92.<)72
8. 441.075 —1*0
66. 7 l 8 .u03
fi.rti0.l»x —14*3
61. 110.802
6 .8M . 71 ? —14*6
4 U.5 U.u 71
5. 493.118 —1*6
40.9* 5.737
5 . 4HJ.844 - 4*9
+
10*0
28
055,946
2 .M 4. 74 I
23 ,"*66.036
2. 443.SX8 - 12*5
15.7 H8 7211 4-W6
1. 7»». 3 ll|
42 i. 942. 4fi3.—407) 3371.3 Jr.Osftl 4,0CW,9 u2,7 <O —j*i

S

P ortland.
Fall R iv e r ..............
L o w e l l .....................
New B e d fo rd .........
T o ta l N ew Kng..

76.679 019
4 , 169,900
1,941 195
1 31fi,364
1,038,404
1, 151.351
L H 5.868
833.080
4 ' 7.358
___ 823,197
89 .069.378

Pittsburg..........
Baltimore..............

1

014, 094.2 !« - 5*S
312.026.872 -+-4*7
23 ). *10.126 - 9-7
0B.42fi.O2O - 5-0
85 .231.279 - 4 0
74 95 LW07 + 0*2
9 *,381.887 - 7 2
92 .2X7.525 4-151
42, 435.227 +11 5
45 .37 I.UIH _ o i
3 S.000.n76 + 0*4
35 .455.872 + ‘ »*5
31. 470.8541 - 27-3
37 .23 x.712 j - l l O
10.300.360 i + 23*2
13.631,5 0 - + X 4
12.300.972 —8 0
12. 72+107 —14*2
9,059 9 " I + 8 4

861,705.715 '
327.5 l 4 .2 t 4
21O.611.h00
B4.O47. 70 Uj
H1.00033*1

8LOB*'496
8l+i«+8S
71,671.8871
47,299,916
45.3 »3. 8<>41
3 S.H1 *.905 )
86 .fi *2.687
22,8 X2 .71‘>

2ft,2l6.*4f
*8 ,050.934

1,
t.ofi t
11 281.2 8 *
in.Jl9.O40
9 .0 " ' -l

I t»HAR|,2.4i*»i

W orcester...............

K ansas C ity ............
M in n eap olis........... .
O m aha..................... St. P a u l............ .

D enver.................. .

D aven p ort................

St J <>*•*;•>

........

D ee M o in e s.............
S iou x C ity ..............
L in c o ln .....................
W ich ita ...................
T o p e k a .....................
F r e m o n t................ .
H a s tin g s.................
T ot. oth er W est

T o ta l a l l . . . . . . . . . .
O u tside N. Y o rk

4 21.331.8841- 10*8
2 l 7.x33.401 —16 0
44 ,458.001 +1 5
32 . 2X.636 +21 0
24 . )w).7Q| + 1*8
‘ T ip ; 4i.fi u — Q'O

M o n tre a l..................
T o r o r \ o ....................
H a l l f A .................... .
W in n ip e g .................
H a m il t o n .............. .
St. Joh n *...................
T o ta l Canada.

».•JML RBI
8 i. 0 .'8 .H4fi
S 4.714.033 )

BT Far ta ils at elaariaga By telegraph aee Page -5NI.

8.818.001
8.989,650
3.174.708
4,472,473
1,819.717
471 020
987,403
700.000
371.08 J
172,790
260.890
316.102
59,411
63.370

St. L o u is ...................
New O rleans............
L o u is v ille .................
G a lve sto n .................
H o u s to n ..........
S av a n n a h .................
R ic h m o n d ................
M em ph is................. .
A tla n ta .................... .
D allas........................
N a sh v ille..................
N o rfo lk ......................
W a c o ................... .
Fort W o r th ............ .
A u gu sta................... .
B irm in gham . . . . . . .
K no rllle* .............
L ittle R o c k .............
J a c k s o n v il l e ..........
C h a tta n o o g a ......... .
T o ta l S o u th e rn .

38,yao.PM -i ^ 1 2 -q
lfi,l25,'V»3 .u»U| —2'8
3 ?S.a4fi 320 1
260,513,410

7,w).2 »o

4

1895.
559.687.303
68.267,713
16.241,600
11,947.336
3,900,361
1,480.293
1,321,817
853,241
834.749
075.350
289,300
664,516,006

New York..............

1836.

«_
t
2 .001 + 34.193 2, 372.0x0.009 —13 1 1
New T ort
Philadelphia.. Wx.x 3.4561 271, 1*6.4 20 —16*fi 2»WU. 130,65 -* 2, 6 ' 3 + 77+79
52+ 53 .SA3 ! 5 ‘-».4n8 .007|—U S
P lt t s o u r g ...... [
96M * \ 74 B
633.271,181
631.IW7.371
6OO.U0 I.U47
&4,U9*.fl?fl' 52 .047.14 4 + 4*7
B a ltim o re . ..
17.8 ) 1/ 58 —4*9
lfiJ.UTUASu
168.WJ0.298
M U o ......... ! lfl.U24.U05
W ash in gton
71.004 72fi
B0 .fi ' 2.034
6 . 410.424
0.0-20 070
—4>
fi.207.8)1
Rochester . . .
S8 . 747.0B'!
67 .U77.32 -*
5>1
S yracuse . .. ..
3fi.USl.460
87,0 X3 ,97*1
B.f>63 .n7U
4.012+12 - 1 1 1
P
0
.
750
.n
8
A
27. 90+080
-rl
3*0
3. 422,945
3. 0* 8.358
i m io a ....
-1 0 0
W ilm in g t o n .
2fi.mf..82 l
27 . 60,633
0,011.418
12. 41B.UOO
13. 101.400
t.lU*.l‘W|
B in gh am ton .
uni.<«x> - 0 1
S , 776.806,<Hk 26. 370.076, 7*9
2, 4M4. 750.040 2.7V8 , 100.55 » - 18*8* 24

1890.
478,781, 42*1
52.65 .531
12,433.756
l l . 432.2u3
3 + 27.014
1. 382,257
1,233,212
74«>,3:)2
816,216
572,152
305,700
664,213,918

S in * Month*.
p .a

N O . 1,632.

1896.
P . Cent.

1394.

1893

—14*5
-2 2 9
-1 0 -4
—4-8
-4 3
-3 * 2
—0-7
—13*2
+1*4
—15-8
+67
—16 1

4''9,191,404
57+64.060
12.813.240
11.067,0. 6
3.069,*136
1,339.884
1,509,621
783,981
755.012
672,529
294.8U0
529,960,869

420,025,640
52,990,393
9.610,266
11.660,317
3,383,273
1,077,987
1,147 854
641,395

-12-8

—29 4
—r
-1 4 5
+39 9
—4 2
-2 3 -1
-1 8 0

72,791,901
4,139.500
1 879,690
1,404 472
1,104,701
1,051.919
1,131,571
632.3X4
042+87
3u0,O8O
85,047,671

65 510.814
3,972,000
1.032,768
1,279,840
1,099.082
932,526
1,188.169
540.232
500,888
309,405
70,971,824

83,388,194
11 532.250
5.649.102
6,017,614
4.409,190
3,691,400
1,375,059
1.632,300
1,187.206
727.007
285.206
224.277
330,4 <0
351,089
207,808
103 90s#
140,561

-17*0
-2 6 '5
-1 9 2
—15*0
-1 9 -1
—21-5
>20*9
—28-7

83,629.344
10,203,850
6.104,787
4,5X1,110
4,4540,177
3.5 il 000
1,210,154
1,458,458

78.992.183
9,992,100
4,645,924
8.833,855
3,874,414
2.387.800
981,371
1.181.800

-1 9 '3
—37*5

674,258

+13 0

711,270
303,708
181,166
181.131
280,199
210,749
115,194
139,673

120,886,881

-17*9

110.027,885

107,001,548

12,144,156
1,268,730
1.000,000
990,421
691.459
553.072
524,001
320,732
202,650
69.010
17,771.731

-5 * 3
-11*7
+ 140
-1 5 -0
—33*3
-1 8 0
-1 5 -2
+ 34 8
+ 6-3
-2 2 3
-6*2

-1 9 4
-9 9

-20 0

-8-1

+6-8

-3 1 -7
—43 4
—14-4

-12-0

13,994.000
1.000,130
1,170,237
009,833
614.297
67 2,88 L
438,070
270 306
192,047
75.183
19,170,790

650.899
277,700
601,407,724

232,448
170.000
130.000
243,915
180.000
100,480
125,000

13,432,991

519,087
680,985
545,995
300,000
811.102
494,270
210,732
112,915
111,170

10.715.797
7,470,551
6.199.950
4.270,153

2,509,259
1,521,446
1,284,71i
607,574
380,301
397,104
297,742
831,177
80,834
05,790
25.360.567
15,003,059
6,307,128
4,060,849
2,989,237

2,515,035
2.750,257

1,900.000
052,966

757,156
072,584
467,008
927,837
703,609
400,000
*61,978

214,396
134 309
41.217,838
769.400,288
348.77 JJ48
10,74 17
6.1
16
1,193 .
638,301
19,665 356

* Not include.# m t itals

17,749,187

576

THE CHRONICLE.
TH E

F IN A N C IA L

SITU A TIO N .

The feature this week has been a strong tone and
rise in the rates for foreign exchange, the rise being
almost as rapid as the fall during the third week of Sep
tember. There is nothing at all surprising in this turn
in the market and consequent check to the import o f
gold. The September movement of gold has been
la rge; probably when the Government figures are
made up for September the net total will be found to
be in excess of 33 million dollars. It is seldom that
the arrivals have reached any such sum in so short a
period. Indeed our record, which goe3 back to 1879,
shows only three months in the 17 years when there
was an inflow within a single month equal in amount
to that of September 1896.
O f course this gold comes
to us to pay a balance due on current account; after the
balance has been provided for— and judging from
the large gold imports in recent weeks and from
other facts it is reasonable to presume that
is the case now— the exchange market goes up
and the movement is no longer profitable. When that
happens it is found that there is a lighter supply of
commercial bills on the market because the surplus
has been absorbed in meeting the gold imports, or that
there is a heavier demand for them perhaps for the
same reason, or that bills com in g forward have already
been sold for delivery. Bach of these statements has
been true of the market this week and those conditions
have been cited by bankers as in good part explaining
the change in the tone and tendency of exchange.
Another condition which has most likely contributed
to the same end is the easier money here and dearer
discounts in London. For instance the very high
rates for money which have ruled during late weeks
here have to an extent delayed remittances by our
merchants and bankers; this week it i3 stated there is
a good demand for that purpose, money being much
more readily procurable than heretofore. For similar
reasons maturing sterling loans are being paid off in
stead of extended.
Probably the sudden and material rise in the price
of wheat is in some degree answerable for the smaller
supply of commercial bills on the exchange market.
Indeed, wheat has been advancing ever since
September opened. On the first day of September H o. 2
red winter sold for September delivery at 6 2 f cents ;
September 18th the closing price was 66£ ce n ts ;
September 25 th the closing price was 7 1 f cents, and
this week the highest closing price has been 72$- cents.
So sharp a rise in values would ordinarily interfere with
continued free transactions for shipment abroad, and
no doubt this movement has acted in that way. Yet
higher prices would appear to be warranted by the
greater confidence and improved business prospects in
the United States, and the reports, if not exag
gerated, of the crop shortage in Russia and famine
in India. Be that as it may, the firmer rates for
sterling
exchange
are,
as
already
stated,
a
natural movement following the recent large imports
i f gold, and probably merely temporary. That is to say,
if our foreign trade conditions remain as they now are
and political transactions do not disturb the normal
action of current affairs there is every reason to antici
pate further gold imports in com ing weeks. Lizard
Freres received 82,000,000 gold from France on Mon
day, Kidder Peabody & Oo. of Boston received $500,000 gold on Tuesday, and $3,108,000 was received on
Thursday, Besides this, $400,000 came in last Satur

[V ol . LX III-

day, making altogether $6,008,000 for the week.
Tuesday it was announced by cable that $2,375,000
had been shipped from Sydney, N. S. W ., for San
Francisco.
There ha3 been no very material change in money
except for commercial paper, and in that department
the tendency of rates is decidedly downwards. In con
nection with that fact an interesting feature in last
week’ s bank statement wa3 that it showed the
first important gain in deposits since July 18.
On that day deposits stood at $505,99L,100 and
the decline wa3 not checked until September
12, when they stood at $445,654,300, a loss
of $60,336,800. On September 19 the bank statement
showed a gain of $371,800 and last week’s re
turn recorded a further increase of $2,392,600.
It is likely that deposits will this week show
a still further gain, carrying them above the loansfor the first time since August 15, and with the
relative position of loans and deposits thus changed
the banks will doubtless deal more liberally with their
customers and will more generally enter the market for
commercial paper.
The extent to which our industries have been d e 
pressed by the action of the Convention at Chicago,
when Bryan was nominated, has been in nothing so
strikingly indicated as in the return ju3t issue! of the
Pennsylvania Railroad for the month of August. This
shows a falling off which reminds one of the enormous
losses reported by the road in the months following the
panic of 1893. Taking all the lines in the system ,.
both those directly operated and those controlled, there
is a decrease as compared with last year of $894,500 in
gross and $551,100 in net on the Eastern portion of
the system and a decrease of $822,900 in gross and
$577,400 in net on the Western portion of the
system.
In other words, for the entire system
the los3 amounts to nearly I f million dollars
($1,717,400) in the gross and to 1-J million dollars
($1,128,500) in the net. And this is merely for a sin 
gle month. Of course last year in August there had
been a gain, and this gain followed a gain in 1894,
but lo th together amounted to less than the present
year’ s losses, in the case at least of the gross, and
moreover these gains were themselves simply a recovery
of a part of what had been lost in 1893. We have not
the figures for the entire system for these earlier years,
as the company’ s returns were then based merely on the
lines directly operated ; on this basis the loss the pres
ent year on the combined Eastern and Western lines
is $1,460,900 in gross and $974,400 in net. On the
same basis last year in August the gain was $671,602
in gross and $340,929 in net, and in 1894 the gain was
$419,470 in gross and $773,748 in net, while in 1893
there had been $1,301,391 los3 in gross and $644,840
loss in net.
Of course these unfavorable results are not difficult
to explain. The Pennsylvania Railroad is a very large
carrier of coal— in fact the largest in the country— and
when the manufacturing industries which aie so nu
merous along its lines are depressed, this coal traffic
naturally falls off and the other traffic likewise falls
off. Then also the condition of the iron trade plays
a very important part in affecting the results of the
road. Last year, a3 we know, this trade was in a state
of great buoyancy, the present year it was in a state o f
great depression, furnaces in large number having gone
out of blast. The contrast between the two years in
this respect is well shown in the fact that according

THE CHRONICLE

O c to ber 3, 1*96,]

to the moutuly recori kept by the "Ir o n
the weekly capacity of furnaces in blast on Siptember 1 this year was only 130,500 tons, against
194,029 tons on September 1 last year. The following
shows the gross and net earnings for the last six years
on the lines directly operated east of Pittsburg and
Erie— the only part of the system for which we can
give the comparison in that form. It will be observed
that the gross for August 1896 is smaller even than it
was for August 1893 at the time of the panic.
L i v r i CAST OF
P it t s b u r g .

ISiri.

A u gust.
I
t
Qroe* earnings....... 5.3C0.7S1
O perat'd expen ses. 3,388.946
Net earn in g*.. . ^ 1,931,915

ISOS.

1381.

!

1892.

1383.

1891.

I
f
f
$
1
6,095,961 5.739,055 5,471.977 6,226.6 >7 6.212.375
3,690.446 3,424.637 3.661.874 4.001.714 3,760.965
2,395,516 2,314,418

1^10.103

2.224.393 2.431,410

Jan. 1 t* Aug. 31.
OroM e a r n in g . . . . *0.894,931 41.060.131 36,746.55- 44.909.441 41.500.731 43,367,568
O p era tg expense*. 29.977.§*9 49.459.4.9 46.152.605 32.731.366 32,025,136 30.132.891
Net e a rn in g s .. .1 0 .0 0 7 /0 2 11*609.792 10.591.953 12.176.075 12.476.596 11.234.677

. V t * 1o f
A tob iton T op . A S en te Fa. Gross
Net
Belt. A O hio South w estern . G row
Net
Buffalo R och . ft PttU . .. . .G rot*
N et
Canadian P u d 8 c .............. .
Net
Central o f New J e n « f . . .. .G ross
Net
Cb#*niflj»#A A O h i o . . .. .. .. .
N et
C hicago Bari. A Q uin cy —
N et
C iiloM '. Silt, k. St. P au I —
Net
CloTStsna C o m a k S o n l h - G n * ,
Net
C U r O n . Ch. k St. L oot*. ..G ross
Net
P eoria A R w t m ......... . .
Net

1896.
4
2.491,941
722.852
025.159
161.795
296.965
67.047
1.*97.145
814 861
1.113.196
497.413
8 2.268
203,194
8.114.264
1,320.631
2,521 314
9*5.763
61.69.1
19.220
1*120,900
290.285
140,605
31,152

August lirninn.--------------- *
1895.
«
2.374.9J)
4 0 1 /5 6
692,215
285.872
275.015
92.356
1.675.361
647.377
1,2*7.899
668 824
861.7 47
3.232 147
1.316.866
2/42.984
1,021,434
70.011
21.011
1.292,794
866.935
178.434
46.909

1834.
1
2,441,426
iS 1222
6 »2.o in
251.783
296.175
94.884
1,655.152
675.254
1,155.814
412.558
935,388
331.8^7
3*108.111
1.100,397
2.49 *.077
821.922
72.636
21 3 ’ 2
1.216,077
327,596
171 784
61,061

1893.
$
2 /9 5 .3 9 3
999,7*7
594.226
810.544
87.383
1*873.126
734 736
1.281.-44
655 5 9
*92 872
320.858
3,215.701
1,192,715
2,407.841
689.802

1,207.142
310.64*
169 245
25,847

1893.
484,248
155,560
98,99 0
37.046
32,546
def.989
1,523,635
530,758
639,698
201.790
130,817
48.578
390,808
130,203
1,898,267
821,509
1,701,185
100.873
26,100
12,095
182,439
71,009
531,327
209,134
124,672
4.000
1.243.381
803.953

The business conditions of course likewise continued
unfavorable through the whole month of September.
Our statement of bank clearings for that month
serves to bring out that fact very clearly. It appears
that the ratio of decrease was not quite as heavy as for
August, being 11*3 per cent for the entire country and
9-1 per cent outside of New Y ork, against 14-2 per cent
and 13 3 per cent respectively for the month preceding.
But it should be remembered that on the one hand in
August the month the present year had one less busi
ness day than the same month la3t year, while in
Saptember on the other hand the month in 1896 had
one more business day than the corresponding month
in 1895, there having been only four Sundays in Sep
tember this year against five Sunda s last year.
Making allowance for these circumstances, the showing
for September can not be regarded a3 any better than
that for August. The following is our usual table.
MONTHLY CLEARINGS.
Clearings, Total AIL

tio n th .

1896.
J a n u a ry ....
February ..
M arch ......

1895.

*
4,609.107,499
4.101,712.407
4,128,070,254

Clearings Outside New Y ork.
P .C t.

*
4,402,668.909 + V 7
3,407,062.173 -f-20’1
4,034.435,895 +2*3

1st quar.. 12,030.950,100 11, *4:4.700.977 + 8 4

1896.
5
2,046,753,791
1,728,720,777
1,811,813,600

1895.

P .O t.

t
2,007,990,494 + 1-9
1,643,220,947 + 12*0
1,793,694,879 + 1-0

5.587.288.160 5,344,912,320

+ 4-5

4.288.861,967 4,255.595,330 4-0*8 1,895,393.042
4,220.515.724 4358,278.208 - 1 3 0 1,886.423.931
4,293,121.197 4,390,191,417 -2*3 1,878,740,458

1*882.110*371
2.021.431,568
1,915,355,305

5.000.561,031

6,821,903,304

-2 * 8

6 m onths. 25,047.4 42.04* 25.351,834.952 4-1*2 11*247,819.199 11.160,815.024

+0*7

A p r i l .. .. . ..
M ar.............
J u n e ............

2d q u a r... 12.80-.491.08- I3.510.067.B75 -5 * 2

Ju ly

.........

Septem ber.

4 303.734.408 4.562.547.644 —4*4
3,551,552.303 4,138.315,710 —14*2
8,701,907.208 4,175.215.505 -11*3

8d qu a r... 11.617.253,919 12,870,078.805
9 m onths

IS

— —

N am e o f Hoad—
D enver A R io G ra n d e .. .. ..G ross
N et
G e o r g ia ....~ ............................
N et
Jack. T am p a A K ey W e st.. .G ross
Net
Lou isville A N a sh v ille.......
N et
M erican C en tral.................
N et
M inneapolis A St. L ou is. ..
Net
N. Y . O ut. A W e s t e r n ......... .G ross
Net
P h iladelphia A R e a d in g ... .G ross
Net
Coal A Iron C o ................. .
Net
R io G rande S o u th e rn .......... •Gross
Net
R le G rande W e s te rn ..........
Net
St. L ou is A San Fran ............
Net
San. A n t. A A ran s. P a s s ... .G ross
Net
^Vabash....................................
Net

!

The returns from many other parts of the country
are hardly less unfavorable. O f course no other sys
tem shows such large losses as the Pennsylvania, be
cause none is of equal magnitude with the Pennsyl
vania, but such of the leading roads as have important
manufacturing centres on their lines nearly all report
greater or smaller decreases. On the other hand in the
South the cotton traffic and in certain parts o f the
West the grain traffic have in several instances
produced a gain iu revenues both gross and net.
The Wabash reports a decrease of #210,664 in gross
and of S 114,007 in n e t; the Cleveland Cincinnati Cnicago & S -. Louis, a decrease o f $171,334 in gross and
o f #75,700 in n et; the Baltimore & Onto Southwestern,
a decrease o f #67,086 in gross and o f #71,077 in n e t ;
the Milwaukee A St. Paul $138,619 decrease in gross,
#175,871 decrease in n e t; the Burlington & Quincy
#117,880 decrease in gross #26.215 decrsase in n ? t ;
the Osntral of New Jersey #114.203 decrease in gross,
#76,413 decrease in n e t; the R *a ling on its railroad
operations #150,708 decrease in gross, #99.907 d e ce a sj
in net, and on its mining operations #366,918 decrease
in gross, with #160,826 increase in n e t; and the
Louisville & Nashville #76,372 decrease in gross,
$117,985 decrease in net. These roads are situated in
various parts o f the country. Oa ths other hand the
Atchison reports #117,048 increase in gross and #321,096 increase in net; the Canadian Pacific #212,122
increase in gross and #167,484 increase in net; while
the Erie, with #158,814 decrease in gross, has #89,477
increase in net, and there are a few other roads which
report either guns in gross or in net, or in both. The
following furnishes a four-year comparison for a number
o f roads which have this we.<k issued statements for
August.

577
-------------------- A u gu st Earnings.IS96.
1895.
1894.
f
$
624,458
668,570
644.809
251,557
287,110
297.351
112,480
93.845
100,119
30,675
14.198
33,519
20.401
21,223
35,127
def.1.099
def.2,761
2.419
1.650,788
1,727,160
1,092,867
480,517
578.502
633.100
83S.820
770,115
631,587
306.024
293,448
179,004
170,116
104.814
169.436
77,538
83,985
69.847
399.928
374.900
378 871
142.327
143,535
131 814
1,755,709
1,906,417
1.783,866
809,466
909.873
774,608
1,593,222
1,960,140
1.589,386
63.954 def.98.872
def.5.193
42,515
41,955
37,955
19,726
24.959
18.896
218,323
227,990
193,628
72.272
90,745
52.760
529,037
537,827
596,627
240.082
232.373
284.628
220,431
155,472
165.884
115.224
44,156
69,315
1.063,203
1,273,887
1*227,853
352,728
466,735
423,593

38.230.913.817

+0*7
-0 * 8
-1 * 8

1,853,344,718 2,035,280,148 —7*5
1,580.190*199 1.831.502.672 -13*3
1,638,933,015 1,802,235,490 -9*1

—9 8 5.102.637,932

5,059,018,316

-9 * 8

—2*5 10.350.5*7.131 lfl.825,833,940

-2 * 8

Tne falling off in clearings extends to practically all
sections of the country with the exception of the
S mth. In this latter case the earlier and larger cotton
movement has operated to cause an increase at most of
the Southern cities. The folio viag compares the
clearings for four years at the leadiag cities in different
parts of the country.
B A N K C L E A R IN G S A T L E A D IN G C IT IE S .

'0 0 0 . 0 0 0 *

omit ted.)
N e w Y o r k . ..
Chicago..........
B i . t o n ............
P h ila d e lp h ia
8 t. L o u is . . . .
San F ran o o .
H aiti m o r e . . .
Pltrsburic.. .
C in c in n a t i...
N e w O r le a n s

attuary 1 to S ept 3 0 .— *
,---------- — S e p te m b e r . —
1896. 1895. 1894. 1893. 1896. 1895. 1894. 1893.
$
$
*
*
$
*
9
*
2 .0 6 3 2 ,3 7 3 1 .8 6 5 1 ,3 4 1 2 0 ,9 1 4 2 1 ,4 0 5 1 7 ,5 2 9 2 4 ,5 5 9
3 3 5 3 ,2 8 4 3 ,3 6 0 3 ,1 3 4 3 ,5 4 8
352
355
318
2 8 8 3 ,2 4 9 3 ,4 5 3 3 ,0 0 2 3 ,4 9 4
364
308
322
2 2 8 2 ,3 6 1 2 ,5 3 3 2 ,1 9 3 2 ,6 3 9
243
271
229
856
823
914
852
75
88
97
88
533
482
495
496
52
55
54
55
541
499
510
533
53
52
53
55
515
430
539
567
39
50
50
53
474
486
484
436
41
47
47
*10
351
295
313
328
23
25
29
33

THE CHRONICLE.

578
(000.000s
omitted..)
Kansas City.
Milwaukee..
Louisville...
Bnttalo........
D e tro it.......
Minneapolis.
Omaha........
Providence..
Cleveland...
Denver........
8t. Paul.......

.------------ September.----------- - r—January 1 to Sept. 30.—
1896. 1895. 1894. 1893. 1896. 1895. 1894. 1893$ 8
$
$
$
8
8
8
40
40
39
33
364
376 349
359
18
21
19
15
172
177 162
28 7
20
23
22
18
211
233 233
247
17
13
14
15
163
158 141
167
21
25
23
20
224
237 210
250
34
36
30
23
256
234 205
239
13
16
17
19
161
134 181
23 2
17
19
21
17
186
197 171
22 2
23
26
19
17
226
214 174
210
8
11
11
8
92
102 102
154
17
16
15
11
165
153 127
160

T otal........ 3,484 3,953 3,319 3.17135,240 36,221 30,971 40,019
Other olties.. 218
222
212
165 2.025 2,010 1,921 2,077
Total all... 3,702 4,175 3,531 3,336 37,265 38,231 32,892 42,096
Outside N.Y. 1,639 1,802 1,666 1,495 16.35116,826 15,363 17,537

It may be thought that Stock Exchange dealings
were very heavy the present year. But while the
market showed great strength and a sharp and general
advance in prices, on the improved political and
financial outlook, it appears that the aggregate of the
sales for September 1896 reached only 4,574,206
shares, against 6,823,840 shares in September 1895.
SALES OF 8TOOKS AT THE NEW YO RK STOCK EXCHANGE.
1896.
Month.

J a n ...
F eb .
M arch .

N um ber
o f Shares.

4,535,612
5,203,098
4,586,579

P a r.
$
417,301,550
492,613,700
386,926,000

1st qr 14,325,289 1,290,841,250
A p ril...
M a y ....
J u n e ...

4,058,614
2,799,613
4,370,765

1895.

Values.

372,055,175
203,7i 2,538
417,371,550

2d qr. 11,228,992 1,053,12y,258

A ctu al.

N um ber
o f Shares.

$
250,445,665 3,243,905
306,289,139 3,024,032
252,405.667 5,128,539

Values.
P a r.
$
318,422,500
300,314,750
499,445,800

A ctu a l.
3
192,686,084
186,106,308
301,268,171

809,200,471 11,396,476 1,118,183.050

680,010,536

256,369,075 5,030,710
188,033,302 8,932,707
295,650,013 6,030,415

271,711,290
463,888,575
318,670,724

482,468.355
859,162,950
579,44*,850

740,082,39' 19,999,832 1,921,074,155 1.054,270,589

6 m o s .. 25,554,281 2,349,970,608 1,549,282,801 31,396,308 3,039,257,205 1,734,281,152
J u ly ....
A u gust
S e p t....

5,P56,981
4.267,81:'
4,574,208

527,594,250
412,967,675
431,796,550

3d qr. 14.398.000 1,372,358,475

354,384,2«2 5,849,466
268,710,029 5,269,1.19
274,215,306 6,823,840

561,238,250
490,170,700
628,792,500

342,847,860
337,335,231
310,601,277

897,315,077 17,942,325 1,680,201,450

990,784,368

9 m os. 39,952.281 3,722.328,183 2.446,598,538 49,338,63? 4.719.458,665 2,7^5,065.520

The record of mercantile failures for the third
quarter of the year, a3 compiled by Col. W. M. Grosvenor for R. G-. Dun & Co., has been made public this
week. What its character would be has of course been
well known. So there is little to say except that it is
just like all the other indications of the state of trade,
namely decidedly unfavorable. We give the figures
by geographical divisions in comparison with last year
on another page, and it will be seen that in the
three months of 1896 the number of failures was
nearly a thousand more than in the same three months
last year, being reported 3,757 against 2,792, and that
the amount of the liabilities involved in the disasters
was over 73 million dollars against only 32 million
dollars last year. Every geographical division shows
an increase over last year, both in number of failures
and amount of liabilities.
Money on call has loaned at 3 and at 6 per cent this
week, the tone growing firmer toward the end of the
month in consequence of shifting of loans incident to
preparations for the October interest and’ dividend
payments. The average for the week was about 4-§- per
cent. Banks and trust companies maintain 6 per cent
as the minimum. There is a good demand for time
loans but chiefly for sixty days to four months. The
quotation is 6 per cent for all periods, and foreign
bankers say that with domestic money offering at
this rate they have been unable to place their
money on a gold note at the same rate. A larger
number of city banks is in the market for com 
mercial paper than were buyers last week, but there
are yet some of the large institutions out of the market.
The demand is gocd and the tendency of rates is de

IV o l . LXI1I

cidedly downward. For thefirst time since the middle
of August classified rates are given for paper, and the
quotation is 6£@7 per cent for sixty to ninety day bills
receivable, 7@7£ for four months’ commission house,
first class, and prime four to six months’ single names,
and 8 to 9 for good single names having the same time
to run.
There has been a further relaxation in the political
tension in Europe this week, due to reports that the
Sultan has taken the advice of M. CamboD, French
Ambassador to the Porte, and has again promised re
forms in the adminstration of the Empire. The Bank
of England minimum rate of discount remains un
changed at 3 per cent, the drain of gold for Americahaving for the time being been checked. The cable
reports discounts of sixty to ninety d ay bank bills in
London 1J- per cent.
The open market rate at
Paris is 2 per cent and at Berlin and Frankfort it is3 f@ 3 £ per cent. According to our special cable from
London the Bank of England lost £769,027 bullion
during the week and held £40,386,442 at the close o f
the week. Our correspondent further advises us that
the loss was due to the export of £241,000 (of which
£188,000 were to the United States and £53,000 to
E gypt), to the shipment to the interior of Great Brit
ain of £541,000 net and to the import of £14,000
from China.
The foreign exchange market has been strong this
week, influenced by a lighter supply of commercial
bills, due to causes already stated and to the scarcity
o f freight room, which has prevented or delayed the
export of much of the grain which was intended for
shipment. There has been some demand for exchange
to cover sterling loans, but it is said that those loans
maturing in October do not exceed $5,000,000. Some
inquiry is reported from merchants for remittance in
settlement for goods, and the easier rates for money
here and dearer discounts abroad have had more or less
influence upon the market. The arbitrage operations
in
stocks
have resulted in larger purchases
than
sales, but
bankers report that no bills
have
been
drawn
against
the
excess
of
purchases. The market was firm on Monday and Brown
Bros. & Co. advanced their posted rates half a cent,
and, compared with the close of Friday of last week,
rates for actual business in short sterling and cable
transfers were moved upward one quarter of a cent to
4 84@ 4 84£ for the former and 4 84|@4 84J for the latter
while those for long sterling remained unchanged. On
Tuesday Lazard Freres advanced their rates half a
cent and those for actual business were moved upward
one- quarter of a cent to 4 81f @ 4 82 for sixty day, 4 84£
@ 4 84£ for sight and 4 84|@4 S5 for cable transfers,
ard the tone was strong at the close. On Wednesday
Brown Bros. & Co., Baring, Magoun & Co., the
Bank of
British
N orth America, Heidelbach,
Ickelheimer & Co.
and the
Merchants’ Bankof Canada advanced their rates half a cent
and those for actual business were moved u p 
ward one-half of a cent to 4 82|@4 82| for long, 4 84£
@ 4 85 for short and 4 85|@4 85^ for cable transfers*
and the market was quite stroDg at the close. On
Thursday and Friday there were further advances,
rates for actual business advancing to 4 83£@4 83^ for
long and to 4 85£@ 4 85£ for short and to 4 85J@ 4 86
for cable trarsfers, and the market closed steady. The
imports of gold for the week have been given above.
The following shows the daily posted rates for exchange
by leading d r a w e e

O ctober 3, 1396.]

THE CHRONICLE.!

d u c i n g it t o o n ly 67 h u n d r e d t h s o f a c e n t , is a c i r c u m 

D A IL Y POSTED SATES FOR FOREIGN EXCHANGE.

T h e m ark et

ft

W ed ., T hus ., F ri ..
Sept. 80. Oct. 1. Oct. 2.
83
83
85*
85*
It*
83
84
85*
8*
se*
84
83*
So*
80
136*
83
83
■§3*
85
85
85*

?

Frt,,
Sept* 25.
82
Brows Bros*..... J & B E :
£4*
Baringr.
£*
M&tfoun & Co.. I S £ £ :
82*
f 60 days.
Bank British
, 55
No. A merles. <
83
i
60
days.
Bank of
85
Montreal........ ISih-ht...
Canad ian Bank j 60 days.
!
of Commerce, iSU’ hL...
HeMeltoaeb. Ick- *60 days,
as
elheimer k Co ( Slight....
82*
Laxard Freres... {
85
Merchants' Bfc. ( 50 days.
85
of Canada----- I Sight—

It*

I*

£*

I*
!85
?«
8?
85

82*
85
83
85

§

£

I*
82*
85
82*
85

82*
85
83
85*
82*
85

s ta n c e o f n o o r d in a r y s ig n ific a n c e , e s p e c ia lly w h e n i t is
b o r n e in m in d th a t d u r in g th e la st s ix m o n th s o f

I

£
I t*
I t*
83
OSH

a n d d id w h a t i t c o u l d t o p r e v e n t

gen era l

T h e fa c t

in

c o n n e c t io n

w it h

t h is 'f u r t h e r

£

a v e r a g e f o r th e la te y e a r is b r o u g h t d o w n t o b e lo w t h e
v e r y lo w e s t p o i n t p r e v io u s ly r e a c h e d i n
h is t o r y .

T o in d ic a t e

a t 4 8 3 @ 4 84

a s tr o u s

w a r,

ju s t

b e fo r e

th e

a b s o r p t io n

S h o r e , is n o t e x c e p t e d f r o m it .
w ar, t h a t is in 1 8 8 4 -8 5 , t h e ra te

b ills

w ere 4 8 2 $ @ 4 83

and d ocu m en tary

dropped

t o 68 h u n d r e d t h s o f a c e n t p e r t o n

to w h a t w as

fig u r e , n a m e ly

m ile , a n d t h a t h a s

h it h e r t o s t o o d a s th e lo w e s t fig u r e o n r e c o r d .

T h e f o llo w in g s ta t e m e n t g iv e s th e w e e k 's m o v e m e n ts
o f m o n e y t o a n d f r o m th e i n t e r io r b y t h e N - Y . b a n k s .
Week Ending Oct. 2. lfiM.
M

o f th e W e st

I n th e la s t y e a r o f th a t

t h e n c o n s id e r e d a n e x t r a o r d in a r ily lo w

4 8 1 | @ 4 82*.

yet Interior
Movement.

\******** ! Shipped by
y . r. Sint*. -V. F. Sinks.

§3,584,0001 *5,123,000 Loss SI,539,000
422,000;
489,000 Lorn.
07,000

. _____________ ______
1 otal void and ieg*t fonder*..,,. $4,000,COO *5,012,000 Losa.#l,606.0C0
R e s u lt w ith S a b - T r e a s u r y o p e r a t io n s , e t c .

Into
hanks.

Out of
Banks.

B u t th e

a v e r a g e f o r 1 8 9 5 -9 6 a t 6 7 h u n d r e d t h s e s ta b lis h e s a n e w
r e c o r d , a n d m o r e o v e r a c q u a in ts

us

w it h t h e f a c t t h a t

u n d e r w h a t m u s t n o w b e c o n s id e r e d n o r m a l c o n d it io n s
th e r o a d is o b lig e d to m o v e
e r a tio n th a n it r e c e iv e d in
d it io n s ( t h a t is a

p e r io d

tr a ffic
a

f o r s m a lle r r e m u n 

p e r io d

of

a c tu a l

o f ab n orm a l c o n 
w a r fa r e ) a d e c a d e

ago.
N o r is th e e x p e r ie n c e o f t h e C e n tr a l

Net Change in
Sink Holdings.

s ta te 

p e r io d o f th e d is 

f o r s h o r t a n d 4 8 5 | @ 4 86 fo r

P r im e

t h e c o m p a n y 's

th e t r u e im p o r t o f th is

a c t n a l b u s in e s s w ere 4 8 3 | @ 4 83 | f o r l o n g , 4 8 5 J @ 4 8 5 4
c o m m e r c ia l

d e c lin e

is t h a t t h r o u g h i t t h e

84
86
81
SO*

f o r s ix t y d a y a n d 4 8 5 4 @ 4 8 6 i f o r s ig h t , a n d ra tes f o r
c a b le tr a n s fe r s .

d e m o r a liz a 

t io n o f r a te s .

m e n t i t is n e c e s s a r y t o a d d t h a t th e

c lo s e d s te a d y on F r id a y

th is

fisca l y e a r t h e J o i n t T r a ffic A s s o c ia t io n w as in e x is t e n c e

w h ic h a tt r a c ts s p e c ia l a t t e n t io n

I*
s*
83
So*

579

e x c e p t io n a l i n

W uk JSn<«(i»9Oct. 2, ISSW.
o f th e G r e a t N o r t h e r n R a ilw a y , w e f o u n d t h a t th e r e 
000
*5,012,000 Loss.fLeaa.ooo
Bank*' interior movement.*# above 14.000.
The
16.000,000 Gain. 5.000,00 0 s u lt in t h e ca s e o f t h a t r o a d h a d b e e n th e s a m e .
000
B a b -T r e a # . ojmr'tns and gold Im p’ U 21.000.
Total gold and le«ral tender*..,.. *25.008.000 *21.812.000 Q»in. 3..394.000 f u r t h e r d e c lin e in t h e la t e y e a r h a d b r o u g h t t h e a v e r 
age on th e

A m o u n t o f b u llio n in p r in c ip a l E u r o p e a n b a n k s .
Sank of

Gold.
*

Oct. 1. 1880.
| SUrer.

total.

£
£
£
£
*
42,772,215
tO 38*1 442 . . . . . . . . . . 40.380.442 42.772,215
79.030.790 19,753,203 128.783,993 SO. 22 2,553 49,061,836 130.184.389
2J.046.307 11.824,188 44 469,351 31.070.817 14,855,183 43,728 000
HMB4.OOOpi.705,000 41,849,000 21,884,000 13.038.000 34.922.000
8,338,000 10 510.000 10.038,OOP 8.004.000 11.800.000 19.804.000
4.274.000 £872,000 11.148.000
9.477.000
0001 £84 2 000
4,250,000
2.833.333 1,410.667
3.988.000

B a v l a o d .. .. ,,
-ft a c e e .., . . . .
H erm an
A a af.-'Ilo.ag’ j
S p a m .... ,
B e tb e r im id j
Nai.Beljgio.o3,

j .....

T w o w e e k s a g o , in r e v ie w in g th e r e p o r t

G r e a t N o r t h e r n d o w n t o less th a n a c e n t

to n a m ile ,

Oct. 3,1895.
Stiver.

Gild.

mat.

th is r e s p e c t .

tjm ,

'T o L lb l* week 191,939.932 90.053.053 287.902.905 19I.060.91S 97,743.060 238.804,004
T o L o r e v . w 'k 103,474.^53 90,1,20.599 289,391,052 105,080,800 99,061,382 294.148.222

th e

a ctu a l

fig u r e

e r in g
age

th a t

m u ch

ru n s

of

th e

th ro u g h

a

IN

T R A N S P O R T A T IO N
up

th e re m a rk

m ade

976

a

th o u 

N orth ern s
s e tt le d

m i le 

cou n try,

1880-81 th e

In

b e e n 2 -8 8 ce n ts p e r t o n m ile .

I n v ie w o f

th is r e c o r d , M r . J a m e s J . H i l l w as p r o m p t e d t o r e m a r k
th a t d u r in g t h e p a s t tw e n t y y e a rs t h e p r ic e o f n o c o m 
m o d it y b o u g h t a n d s o ld in t h e m a r k e ts o f th e c o u n t r y
fa r

A fe w w eek s b e fo r e

as t h a t o f ra il t r a n s p o r t a 
t h is w e h a d i n t h e r e c o r d

o f th e C h e s a p e a k e & O h io a n o t h e r s t r i k in g in s t a n c e o f

R A TES.
w w eeks ago we took

G reat

s p a rs e ly

w h e r e tr a ffic n e c e s s a r ily is v e r y li g h t .
a verage h a d

tio n .
D E C L IN E

o n ly

s a n d th s o f a c e n t— a fig u r e e x t r a o r d in a r ily lo w c o n s i d 

h a d f a l le n so f a s t o r so
THE

b e in g

by

th e d e p t h t o w h i c h ra te s h a d

f a lle n , t h a t

in th e la te

to

year

m oved

coal

r o a d h a v in g

t id e w a t e r a t a fig u r e

C a n d id a t e B ,- /a n in h is M a d is o n S q u a r e s p e e c h t o th e

w h ic h o b l i g e d it t o h a u l a lm o s t f o u r to n s o f f r e ig h t a

e f f e c t t h a t 11 r a ilr o a d ra te s h a v e n o t b e e n r e d u c e d to

m ile in o r d e r t o e a rn a s in g le c e n t .

keep p ace

w it h

fa llin g

p r ic e s ,” a n d s h o w e d th a t th e

s ta t e m e n t w as u t t e r ly a t v a r ia n c e w it h

th e fa c ts .

We

In

th e ca se o f th e

tr e a t e d th e s u b je c t q u it e e x h a u s t iv e ly , a n d th e r e w o u ld

n u e w o u ld

b e n o re a s o n f o r r e c u r r in g t o

b een

th e an n u a l

it a g a in e x c e p t

r e p o r ts n o w c o m i n g

y e a r e n d in g J u n e

30

1896

t h a t in

t o h a n d f o r t h e fisca l

su ch

s t r i k in g e v id e n c e is

b e in g f u r n is h e d n o t o n ly o f t h e e x t e n t o f

th e d e c lin e

G r e a t N o r t h e r n , P r e s id e n t

H ill

m a u e a c a lc u la t io n to s h o w w h a t th e d iffe r e n c e in r e v e 
have

c a r r ie d

been

at

c o u ld

th e

tr a ffic o f 1 8 9 6 lia v e

th e ra te r e a liz e d in 1 8 8 1 .

W e have

t h o u g h t i t w o u ld b e in t e r e s t in g t o m a k e a s im ila r c a lc u 
la t io n f o r t h e N e w Y o r k C e n tr a l, a n d o n e o r tw o o t h e r
la r g e r o a d s

w h ich

have

r e c e n t ly

is s u e d t h e ir a n n u a l

b u t t h a t th e d e c lin e h a s b e e n in p r o g r e s s e v e n u p t o

r e p o r t s , sa y th e M ilw a u k e e & S t. P a u l a n d th e C h ic a g o

th e p r e s e n t tim e , th e ro a d s h a v in g f o u n d it im p o s s ib le

& N orth

t o c h e c k th e d o w n w a r d m o v e m e n t .

t h e c o m p a r is o n b a c k t o 1 8 7 3 , as t h a t is t h e p e r io d c o v 

W e a re in d u c e d m o r e p a r t ic u la r ly to r e fe r to th e su b
j e c t a g a in b y t h e r e s u lts d is c lo s e d in
N ew Y ork

C e n tr a l in

t h e ca s e o f

t h e c o m p a n y 's

annual

th e

r e p o r t,

w h i c h w e re v ie w to * d a y in a s u b s e q u e n t c o lu m n .

The

C e n tr a l, as e v e r y b o d y k n o w s , is o n e o f th e g r e a t east a n d
w est t r u n k

lin e s , a n d

a decrease

in

its

rate3

a

it s ra te s aTgues a c o r r e s p o n d in g r e d a c t i o n in t h e
of

th e

C e n t r a l’ s riv a ls

f a c t th a t in
fa r th e r

th e la te

a n d c o m p e t it o r s .

year

d e c lin e in th e

th e r e

lie n e e

s h o u ld h a v e

average p e r

to n p e r

in

ra tes
th e

been

a

m ile , re

h ow ev er,

in th e s e ca ses

th e r e m a r k a b o v e q u o t e d .

The

f o l l o w i n g is a s ta t e m e n t p r e p a r e d o n t h a t basis a n d in 
c lu d in g

th e

c a lc u la t io n s ,

G r e a t N o r t h e r n a c c o r d in g

to M r . H i l l ’ s

it

t h a t ca se to

b e in g

im p r a c t ic a b le

in

c a r r y t h e c o m p a r is o n b a c k b e y o n d 1 8 8 1 .
r-Rale per ton
per mile.

com 

r e d u c t io n

ca rry in g ,

e r e d b y M r . B r y a n in

m ea n s

p r a c t ic a lly a s a v in g t o t h a t e x t e n t t o th e w h o le
m u n it y w e s t o f B u f f a lo , f o r o f c o a r s e

W estern ,

1890.

Cents.
Ifew York Central... 0357
Great Northern........ 0-970

Chic. Mil. & St. Paid. 1-003
Chic. & No, Western. 1-03
Total saving.......
This Is the rate for 1880-1,

T on s on e
m il e i n

1873.

1890.

'2-88

3,874,532,902
1,622,877,423
2,381,007,988
2,372,305,483

Cents.
1-57
2-50
2-35

S a v in g to s h i p p e r
on tr a ffic o f

1896.
$34,870,796
30,905,779
35,653,569
31,3 L5,224
$132,745,308

580

THE CHRONICLE.

[VOL. L X III,

inactivity in trade counts a3 a factor of considerable
importance. When the fiscal year opened on July 1
1895, the outlook appeared very bright, and for a tim e
the trade conditions were quite favorable, with the
effect of adding very materially to the traffic of the
road. But yet during this period there was a draw
back in the fact that the rate situation was not satis
factory. We may say, too, that even during the six
months from January to June, though the formation
of the Joint Traffic Association worked a great im 
provement in the rate situation, the trunk lines did
not during that period get the full benefits expected
from the establishment of that association, and rates
remained low. One distinct advantage existed through
nearly the whole of the twelve months, namely the
heavy grain movement as the result of last season’ s ex
cellent crops. But in this case rates were particularly
low, made necessary by the poor prices ruling for grain
in the markets.
Lest it may seem that we are laying too much stress
N E W Y O R K C E N TR A L R E PO R T.
on this matter of rates, we will say that the company
The quarterly returns of the New Y ork Central R a il received an average in the late year of only 67 hun
road, issued with so much promptness, have left no one dredths of a cent per ton per mile on its tonnage, this
in doubt as to what kind of a showing the company comparing with 73 hundredths o f a cent for the twelve
would make for its fiscal year ending June 30. The months preceding, showing a decline for the year o f
annual report has now been issued, permitting us to over 8 per cent. In part the decline follows from the
see how the results for the year were reached and what circumstance that the company carried a larger p ro
have been the chief features of the year’ s oper portion o f low-class freight— grain, coal, iron, & c.;
ations. The report is in the usual complete and com  still that does not alter the fact that the com 
prehensive form. Following the custom of other years pany realized only 67 hundredths of a cent per ton
it contains no remarks or comments, but is devoted en per mile on its entire tonnage.
Furthermore, as
tirely to the presentation of tabular data regarding noted in the preceding article, the average is
operations, finances, traffic, & c., &c. This statistical the very lowest ever reported by the company in any
information is given with exceptional fullness and year— lower even than in 1884-5, during the war with
clearness down to the smallest details. We can think the West Shore, the average in that year having been
of nothing essential to a complete knowledge of the 68 hundredths.
Here then is another noteworthy
property or a correct undertanding of its operations feature: the company is now m oving freight at a lower
that is missing.
average figure than during the period of the worst
The distinguishing characteristic of the year was railroad war in which it has ever been involved.
The fact that the rate is lower is one of the main
the fact that the company earned a surplus above
the amount paid in dividends, against a defic reasons why gross earnings in the late year were not
iency in the two years immediately preceding. Tais equal to those for 1893. The tonnage was heavier both
surplus while not in itself considerable, amounting in the number of tons handled and in the number
to only 843,793, marks a great improvement over the moved one mile. In fact both items were the largest
deficiency of $1,217,577 in the previous year and the ever reached in any year, indicating that if the results
deficiency of $786,340 in 1893 -94. The improvement of operations are smaller than in some other years, the
is not entirely due to better results of operations. Ia traffic development has been satisfactory. As showing
part it follows from a reduction in the amount paid out the magnitude of the system’ s business we may point
in dividends. In the late year the dividends were 4 out that the tonnage movement (one mile) of revenue
per cent, calling for $4,000,000; in 1894-95 they freight in the late year reached the striking total of
were 4-J per cent, calling for $4,339,990 (the 3$- thousand millions. When the freight carried for
the company’ s own use is added, the total is increased to
stock
was smaller then than now), and
in
1893-4 5 per cent, calling for $4,588,836. B at while over four thousand million tons— inexact figures 4,101,there has been this saving in the dividend payments, 924,925 tons. The number of tons of freight actually
there has been at the same time a decided increase in handled was 22,123,617 tons, against only 19,741,495
traffic and revenues. Gross earnings in the late year tons in the year immediately preceding, so that the in
were $45,144,967, against $43,489,537 in 1895 and crease during the late twelve months was 2,382,122
$43,678,200 in 1894, and the net earnings were $14,- tons, or, roughly, 2| million tons.
W hen we look to see whence this great increase in
689,397, against $13,679,094 in 1895 and $14,169,794
in 1894. As a matter of fact we may say that though traffic has com e— that is, what classes of traffic have
the 1896 gross falls $1,791,726 below the total for 1893, chiefly contributed to it— we find, as we should expect,
the net is the largest in the entire history of the com  a very large gain in the grain freight. The total o f
pany. This is a very noteworthy result, especially this is reported at 2,677,406 tons for 1896, against
when it is considered that the conditions were only in only 1,762,835 tons for 1895, giving an increase of over
914,000 tons in that one item. In “ other agricultural
part favorable during the late year.
The reader knows of course that general business products,” however, there has been a decrease, and
was very much depressed during the last half of the likewise in fliu r ; the total of the former was 1,785,fiscal year, that is the six months from January 1 to 567 tons in 1896 against 1,907,647 in 1895, and
June 30, and with a system like the Central, activity or the total of flour 826,220 tons against 865,335

It thus appears that on these four roads, had the
rates of the earlier year been obtained instead of those
for the late year, the revenue from the traffic of 1896
would have been 132f million dollars larger than it
actually was. This then represents the saving to the
communities served, by the reduction in rates on merely
these fo u r roads. The saving amounts to over thirty
million dollars for each one of the four roads. Of
course it must not be inferred that at the rates of 1873
the roads would have had or could have had the ton
nage of 1896. The wonderful expansion in the volume
of business which has occurred has been possible only
because of these low transportation charges. N ever
theless the comparison serves to show in a graphic
way how great is the falling off represented by the
decline and how enormous have been the benefits to
the Western people, and in fact the whole population,
resulting from it.

October 3, 1896.]

THE CHKONICLE.

tons. There was likewise a falling off in the
live stock tonnage. Bat with these exceptions all the
items of tonnage enumerated show an increase, and
that is what would be supposed, considering that dur
ing the first half of the fiscal year the industrial inter
ests o f the country were in a state of considerable
activity— decidedly more active than in the correspond
ing period o f the previous year. N ext to grain, the
heaviest increase is found in coal and coke, the addi
tion there being, roughly, 600,000 tons. Lumber has
contributed an increase of over 315,000 tons. Taking
grain, coal and lumber together, the three items ac
count for 1,830,000 of the 2,382,122 tons increase in
the aggregate tonnage.
Large though the increase in the grain tonnage wa3,
the toanage in that item has been very much heavier in
the past. For instance, as against the 2,677,406 tons
for 1896, the grain tonnage iu 1892 was 3,243,858
tons. As indicating in what direotion the company's
traffic is expanding, it appears that the coal traffic for
1896 was nearly a million tons larger than f or 1892. More
over the 1896 coal total is in exce33 of that of any previ
ous year. The company is not known as a coal road in
the sense that some other large systems are, but the
coal traffic is evidently being steadily developed. It
may be a surprise to some to hear t iat the aggregate
of this coal tonnage in 1896 was almost 6J million
tons (6,201,946), where the entire freight tonnage o f
all kinds in the same year was 22J million tons; in
other words, that the coal freight formed over 28 per
cent of the whole.
As regards the operating results, these likewise re
veal some interesting and striking features. We have
seen that gross earnings in the late year increased as
compared with the year preceding $2,655,430, that
this was attended by an augmentation of 61,645,127
in expenses, leaving a gain o f $1,010,303 in the net.
The ratio of expenses to earnings was not changed
greatly, standing at 67'46 per cent for 1896 and at
67*81 per cent for 1895. But it is the details of the
expenses that challenge attention. Of the whole in
crease of $1,645,127, only $6,286 falls under the head
of traffic expenses. This may seem strange in view of
the fact that the amount of work done in b th the
passenger and freight departments in 1896 was
materially heavier than in 1895.
On analysis
it appears that the small increase under this
head is the result mainly of economy in ouying and
operating. For instance coat of fuel was $284,574 less
than in the previous year, which we take to mean that
the fael was bought at a lower price than in the year
preceding and that very close economy was practiced
in its consumption. We also find that there was a de
crease of $122,599 in the payments for injuries and
damages, a decrease of $73,580 in the cost of outside
agencies, and some decrease in the outlays for adver
tising, stationery, etc. The saving in these ways al
most sufficed to offset the increased outlays for enginemen, brakemeo, baggagemen, conductors, etc., arising
from the larger amount of business done.
With traffic expenses or the cost of transportation
practically the same in the two years, it becomes all the
more important to see how the increase of $1,645,127
in expenses is accounted for. In the payments for
taxes we note an addition of $201,306, the total having
risen from $1,528,800 to $1,730,106, without including
the taxes on earnings or capital stock. This item of
taxes is an ever increasing one and of course the com
pany has no control over it. Tne Erie management

581

recently complained of the burdensome taxes in their
case, the amount paid being equal, it was stated, to 3£
per cent of the gross earnings of the road. But in
the case of the Central, if we add the taxes on earn
ings and capital stock, amounting to $224,219, the
total proves to be equal to 4J per cent of the gross
earnings. In the general expenses the increase was
$119,280.
There remain to be considered the two most im
portant classes of expenditures, namely expenditures
for maintenance of way and structures a u i expendi
tures for maintenance of equipment. It is under these
two heads that the bulk of the $1,645,127 increase in
a=gregate expenses is found. In the case of main
tenance of way the addition has been $930,706,
in the case of maintenance of equipment $387,549.
The company, it seems, spent $367,461
on rail renewals in 1896, against $207,557 in
1895, and the outlays for repairs of track and
roadway were $1,968,818 in 1896, against $1,630,077 in
1895. One of the company’ s officials informs us that
during the' last three years 150,000 tons of new steel
rails have been put in the track, mainly 80 lbs. to the
yard, and that the entire two freight tracks from
Albany to Buffalo are now laid with 80 lb. steel rails.
This is very important in its bearing ou the future, for
the work of putting down heavier rails has now been
substantially completed, 30 that the outlays on that
account will be materially reduced hereafter.
The increase o f $387,549 in the expenses for main
tenance of equipment follows, of course, in part, fro m
the larger business done, calling for more repairs to
keep equipment in good condition. But we also n o
tice that the company now reports 39,028 freight cars
on hand, against only 38,182 a year ago, and that no
charge to capital account has been made for increased
equipment. The number of cars still stands smaller
than a few years ago, but that has no significance. The
company has been replacing the old “ jiggers” of 10 to
15 ton capacity with modern 30-ton cars, and the
aggregate capacity of the equipment is now greater
than it has ever been before. Incidentally we may
mention that the new 30-ton cars are bought at about
$560 where the old cars used to cost $900.
In view of the new road acquired in recent years,
the management is sometimes criticised as having se
cured lines which are not profitable on their own op 
erations and hence are a drag on the parent system.
Bat it appears that the latest o f these acquisi
tions, the Mohawk & Malone, last year earned
not only its
operating expenses and
the 4
per cent on the 1st mortgage bonds (the fixed
charge), but a surplus over and above these amounts,
out of which a dividend of two per cent on the $3,900,000 of incomes has been paid. This latter payment
accounts for $78,000 of the $88,924 increase in the
Central’s charges for the year. As regards the side
lines generally, the statement that they do not pay
their own way does not seem to be well founded. Of
course the West Shore forms a prominent exception,
but in that case the Central had no alternative but to
acquire the line ; and even the West Shore is doing
better each year, diminishing the drain on the Central,
and doubtless in a few years more it will become entirely
self sustaining.
The balance sheet does not show any very striking
change?. Cast of road in capital account has been in 
creased $886,607, but $552,465 of this represents the
outlay for new shops and yard at Depew. This latter

THE CHRONICLE.

5S2

has heretofore been carried as a separate item in the
balance s h eet; the company having by the sale of
securities obtained the means to liquidate the item, it
has been charged into construction account. The cur
rent liabilities June 30 1896 are reported $9,421,416
and the current assets $11,418,721, including $2,345,900 of fuel and supplies on hand, but not including
any of the securities held in the treasury.

COTTON CO N SU M PTIO N A N D O V E R L A N D
M O V E M E N T FO R S E P TE M B E R .

L [v o l . l x i i i . u

against 111,553 bales in 1895 and 202,673 bales in
1894 and exceeding the preceding highest total, which
was that of September 1890. Port stocks as well as
those at interior towns are much greater than at the
corresponding date in 1895.
Movement from Receipts R eceipts EXPORTS SINCE SEPT. 1, 1890 TO—
Stocks
since
since
Sept. 1, 1896, to
Sept. 80.
Sept. 1, Sept. 1
G reat
Oct. 1, 1896.
France. Conti
Total.
1896.
1895.
B ritain *
nent.
Q a lr e s to n ..........
T e x a s City,&c.
New O rleans. ..

232,887
13,026
249,122
32,231

101,679
1,621
95,708
15,346

136,221

85,598

70,070

20,391

60,099
9,510

26,072

16,307
1.2G1
16,194

106,774
1,201
102,965
9,510

155.841
3,830
174,888
20,190

31,914

o
m>
c-f

The subjoined statements of overland movement,
3,051
Brunsw ick, &o.
16,373
5,881
sissi
4,740
43,440
80,423
7,289
27,589
59,994
receipts, exports, &c., cover the month o f September,
283
P o rt Royal,& c.
81
9,210
12.072
21,288
27,607
the opening month o f the new crop season. The pres W ilm in gton ....... 60.852 19.120
W ash in gt’n.&c
130
33
en t crop began to move unusually early and the mar
88,790
10,379
2,750
34,240
W est P o i n t . .. .
50
1,427
keting has been very free. As a result the amount
N ew p’ tNew s.& c.
1,222
461
32,725
225
brought into sight through the ports, interior towns
1,094
18,744
7,022
13,000
981
and the rail movement up to the first of October is
1,139
032
6,024
2,487
4,269
562
344
906
3,195
largely in excess o f the total for the similar period in Philadelphia,<tc.
T otal 1898.......
912,486
218,398
47,557 12O,e30 386,591 600,162
any previous year. In fact there has come into sight
Total 1895.......
383,*66
04,788
7,191
39,574 111,553 487,537
during the month 1,222,287 bales, against only 542,394
T otal
.......
518.7*2 110,805
28,180
63.683 202,673 403.062
bales in 1895 and 663,703 bales in 1894. The largest
• Great Britain exports include to tlie Channel.
September total heretofore recorded was 855,274 bales in
Using the facts disclosed by the foregoing statements
1890. Northern spinners have taken 132,543 bales dur we shall find that the portion of the crop which has
ing the month, or a much larger amount than in the reached a market through the outports and overland,
same time in 1895.
and the Southern consumption, during September thi
OVERLAND MOVEMENT FOR SEPTEMBER.
year and the two previous years is as follows.
The gross rail shipments in September have been
1896.
1895.
1894
68,961 bales, against only 18,040 bales in 1895 and
Receipts at the ports to Oot. 1__ bales. 912,486 383,886 518,762
31,908 bales in 1894. In this increase over last year Vet shipments overland during same time
53,801
21,441
8,508
all the various routes have shared, but the movement
Total receipts............................. hales. 966,287 392.394 540,203
69,000
80,000
via Cairo and Cincinnati shows the greatest ratio of Southern consumption since September 1 76,000
Total to Oct. 1............................bales. 1,042,287 472,394 608,203
increase. The net for the month also exhibits a
The amount of cotton marketed since September
marked gain in comparison with the previous year,
in
1896 is thus seen to be 569,893 bales greater than
the aggregate being 53,801 bales, against 8,508 bales
in 1895 and 434,084 bales more than in 1894. T o
in 1895 and 21,441 bales in the preceding season.
OVERLAND IN SEPTEMBER.
determine the portion which has gone into the hands o f
Northern spinners during the same period we have
1896.
1895.
1894.
prepared the following:
Amount shipped—
Via St. Louis.............................................
Via Cairo...................................... ...........
Via Parker C ity.....................................
Via Evansville.........................................
Via Louisville .........................................
Via Cincinnati..........................................
Via other routes.......................................
Shipped to mills, not Inoluded above...

32,312
12,805
1,473
101
12,241
4,«35
4,292
803

10,895
1,575
553

68,981

18,040

Galveston, Inland and looal mills........
New Orleans, inland and local m ills...

10,873
146
417
2,056
1,443
30

Charleston, Inland and local mlUs.......
N. Carol’ a ports, inland and looal mills.
Virginia ports, Inland and looal mills..

79
116

5,882
318
458
1,398
767
153
56
47
453

Deduct shipments —
Overland to New York, Boston, &o___

16,098

173
2,545

1,471
396
2,519
631

3,035
902

4,092
350
605
1,558
2,154
211
1,182
75
240

Total receipts in September, 1896, as above...............bales. 1,042,287
Stooh on hand oommenoement, of year (Sept. 1 ,1 8 9 6 ;—
At Northern p o r ts .................... .
70,990
At Sonthem ports______ ___________ 151,688 - 222,678
At Northern interior markets.......... ................ .
4 ,0 5 6 - 226,734
Total supply to October 1,1896....................... ................ 1,269,021
Of this supply there has been exported
to foreign ports since Sept. 1,1396.. 386,531
Less foreign cotton inoluded___bales.
257— 385,334
Sentto Canada direot from West..........................
3,513
Burnt North and South......................... ...............
540
Stock on hand end of month (Oct. 1,1896)—
At Northern ports.............................. 108,557
At Southern p o r ts .............................. 5 5 7 ,6 0 5 - 666.162
At Northern interior markets............... .............
3,899 -1,060,478
Tot. takings by spinners since September 1,1893..................
2 js ,543
Taken by Southern spinners......................................................
76.000
Taken by Northern spinners -dnoe September 1, 1396........
132,543
Taken by Northern spinners same time in 1895...... ..............
75,062
Decrease in takings by Northern spinners this year..baies.
57,481

The above indicates that Northern spinners had up
to
Oct. 1 taken 132,543 bales, an increase over the
53 801
8,508
21,441
Leaving total net overland*............
* This total includes shipments to Canada, &c., by rail, which since corresponding period of 1895 of 57,481 bales and a
September 1 in 18^6 amounted to 3,543 baits: in 1395 were 1,639 a gain over the same time of 1894 of 17,364 bales.
bales, and in 1894 were 1,686 bales.
15,160

9,532

10,467

RECEIPTS, EXPORTS AX'D SPINSTERS* TAK IN G S.

AMOUNT OF CROP NOW IN SIGHT.

In the foregoing we have the number of bales which
In no previous season has so great an amount of
has
already been marketed this year and the tw o
cotton been received at the outports during the open
previous
seasons. A n additional fact of interest is the
ing month as in the current year. The nearest ap
proach to the figures n o v recorded was in 1890, when total of the crop which was in sight on October 1
the total reached 732,236 bales. M tkiag comparison compared with previous years, and which i3 shown in
between the years included in our statement we find the follow ing:
that 1896 exhibits a gain over 1895 of 528,600 bales,
1895.
1896.
1894.
and that contrasted with 1894 the increase is 393,724
472,394
608,203
Total marketed, as above....bales, 1,042,287
7i,U00
180,000
55,500
bales. Foreign exports have reached a heavy aggre- interior stocks in excess of Sept. 1.
542,394
1.222,287
663,703
Total In sight.................
gate]£during the month, reaching ^386,591 1 bales,

THE CHRONICLE.

October 3, 1896.]

This indicates that the movement daring Sep .em per
of the present year is 679,893 bales more than in
1895 and 558,584 bales in excess of 1894.
WEIGHT OF BALES.
To fam ish a more exact measure of the receipts up
to October 1 we give btlow oar usual table of the weight
of bales.
1 Same
One month ending Sept. 30,1896.

Same
peri'd in peri'd

1895.
Number o f
Bales.

Texas............ .
Louisiana........

245,913
249.122
32,231
152,597
80,706
90,062
50,»82
140,674

ir

1894

Weight in
Pounds.

Average Averagr Aver ay t
Weight. Weigh'
Weight

130.754,401
123,517.057
16,631,196
75,920,059
40.277,913
44,130,330
25.745,910
70,055,652

531 71 53984
515-83 524-30
516 0 ) j 512 00
497-52 492 98
499*07 438-83
49000 500 00
505 00 490 00
468 00 ! 500*00

583

T he L ondon “ F in a n c ia l N e w s ” a n d F ree
S il v e r .— I n an article entitled “ Silver Falsehoods ”
in our issue of last week we referred to a certain al
leged extract from the “ Financial News” of London
entitled “ The Grip of G old,” which the silver people
are circulating, and quoted from the “ News” of Aug.
13 denying that] it had ever given utterance to or en
tertained the views attributed to it in said extract.
Since then we have received the issue of the “ N ews”
of Sept. 14, and in that find a reiteration of the d e
nial in even more emphatic form, as follows.

553 53
530*00
520-00
50-113
516-76
495 00
506 30
499 50

In our issue of August 13 we took occasion to refer to the
circulation in the American newspapers of an article entitled
“ The Grip of Gold,” purporting to be an extract from “ The
Qeoricla*.........
Financial News” of March 10 1896, and we stated that no
Booth Carolina.
Virginia.........
such article had ever appeared in this journal. As certain
Worth Carolina
American papers continue to reprint this article, crediting it
Te messes, &o.
to “ The Financial News,” we have again to warn our readers
532,032,598 510*45 1 511 28 521 85
Total.......... 1.042.287
and our American contemporaries that it is a forgery, and its
• Inclndlnjr Florid*.
whole tenor is entirely opposed to the view we have always
CRT GOODS TRADE DURING SEPTEMBER.
taken of the effect of free silver legislation in the United
The month opened with a hardening tendency in States.
Alabam a........ .

the market for staple cottons a id for print cloths under
the influence o f a steadily rising market for cotton.
The demand improved and early developed into activ
it)*, a large business being d o ie in brown goods and
bleached cottons daring the first two w*eks, agents
marking up prices throughout as they cleaned up their
stocks, brown goods showing gains of Jc. to fo. and
bleached of |c. to !c . from previous lowest points. For
coarse colortd cottons there was at no time a good de
mand, but curtailment of production in these had been
so severe that the market was even under moderate buy
ing fairly clears d of goods and prices were variously
advanced ic. 10 lc . per yard, denims ahowiog the
moat improvement. Rsgalar prints also improved,
indigo blues, shirtings and Turkey rods advancing -fcc.
By the middle o f the month the demand fell away,
the upward tendency was arrested, and since then the
market has ruled dull, but without prices giving wnv,
except in print cloths. These had advanced from 24c.
to 2 11-lGc. daring the first two weeks, but have since
given way io. to 2 9-16c., the result o f a slow demand
and general resumption o f work by Fall River and
Providence mills. There has also been a considerable
resumption of work by mills on other descriptions of
cotton goods.

T H E C O N V E R T IB IL IT Y OF S IL V E R D O L LA R S.

W e have been asked to print the letter recently written by
Secretary Cai lisle defining the policy of the Government re
garding the redemption of silver dollars so as to maintain
their parity with gold. The letter was written at Bar Har
bor, Me., and was addressed to Mr. James P. Helm, of Lou
isville. K y . It was furnished to the press on Sept. 15 by the
officials at Washington:
“ My D ear S ir —Y our letter asking how the silver dollars,
which contain a quantity of bullion commercially worth
onlv about 58 cents each, are maintained at a parity with
gold, notwithstanding the fact that the Government does not
directly redeem them or the ceriilicates issued upon them, in
gold, is received, and, as a great many inquiries upon the
same eubjeot are addressed to me daily from different parts
of the country which it is impracticable to answer in detail, I
will take advantage of your favor to answer them all at once.
“ All the standard silver dollars issued from the mints since
the passage of the act of 1878, now amounting to more than
$433,000,090, have been coined on public accouat from bullion
purcna-ed by the Government, and are legal tender in pay
ment of all debts, public and private, without regard to the
amount except when otherwise expressly stipulated iu the
contract between the parties. They belong to the G rvernment
when coined, and they are paid out by the G ivernment at a
parity with gold for property an 1 services of all kinds and re
ceived from the people at a parity with gold in the payment
of all public dues and demands. The Government has made
no discrimination whatever between the coins of the two
metals, gold having been paid on its coin obligations when
gold was demanded and silver having been paid when diver
was demanded.
“ Under this policy the coinage has bsen so limited by law
a
and
the policy of the Treasury Department that the amount
1906.
1895
H
a
coined
has not become so great as to drive the more valuable
St O o itn p r in t- f Sheet- L a n trth-n O ott'n , Print- Sheet ! L a n srth'n
low
ino ings, caster 3-jfd, low | ino ings, caster 3-yd. coin, gold, out of use, and thus destroy the basis of our mone
tary system, and so long as the two metals are of unequal
m id cloth*, stand- g in g  sheet
m id- cloths, stand g in g sheet
commercial value, at the ratio established by law, th s limita
* d lin g 64x64 ord. ham* in g ». d lin g. 6-4x64 ard hat ns ings
I
tion upon the coinage is, in my opinion, absolut.ly essential
1.. 7 l» „ 2*9
B-L
5
5
I................... ...9. .
to the imiiitenance of their parity in effecting exchanges. It
2..
ft
5
2 *4
5*.
II...
consu mes the principal safeguard for the protection of cur
3.. S'*
2 Hi 1 54.
5*4
5
| 7i» „ ! 3-06 0
ft
5
4.. ft4*
ft
*
6
5 * 5*4
2*is 6%
currency agair.st the deprivation which the experiei.ee of all
5..
2“ „ | 5 a,
5
5
5
5*4
7*3,. 3-06 6
countries has shown would oihtrwis- result from the attempt
6..
7* i„l 3*06 «
ft
5*4
to use two legal tender coins of the same deoomination, but
7.
7**18 s*06 6
ft
5*4
a.
ft
.8..
ft>8
of unequal value. If the lim iation were removed, confidence
2*is 1 5*a
9.. n*,
5 ‘8
715,* a- 6 6
5
4 » » i 5>e
5
5*4
in the anility of the G ivernment to pres rve equality in the
10.. SMi
2%»
ft1*
5
5
Me
5*4
7' 141 3-1 ‘ 6
exchangeable value of the coin would be destroyed, and the
211,. M«
1'..
5s,
5
7Ts 1 3 12 6
5 ‘8
ft
12
parity would be lost long before the amount of silver coinage
3*4
211,4 5>e
5
5*8
5
7 H 1 .>*12 6
5-8
.n.
14
ft
7l:J|J 3*i 2 6
.V«8
bad become really excessive.
ftla
14.. 8 >4 2!l, 5*4
ft
5
5%
7 5. i 3 12 6
“ With free and unlimit-d coinage of silver on account of
21 ,J ft1*
5»*
16..
5
,8...
private individuals and corporations the G ivernment would
16..
5^
5*>8
2 « „ 5<e
5
3-12 6
5
17.. * ‘4
7H„j 3-12 8
5
5:ls
be under no moral obligation to maintaia the p .ri y, and,
2” it 5 31 5
5 >8
13.. 8 8
5%
5
74,
3-12 0
5
2 > 'lS 5*4
0*8
moreover, it would be unable to do so, because the volume
19 a *© 211,4 5*9
7l*i 1 3*»2 6
5
5
54s
5*8
of overvalued silver forced into the circulation by a legal
20..
713, J 3*1*2 6
5
5*
tender provision would soon expel gold from the country, or
21..
5%
■
5— » v
5
2’ 1,0 5-e
71*,* 3 12 6
21..
2 ’ t«f .V*
ft
ft
..8...
put such a premium upon it that it would be impossible to
23..
211] * *4 5
ft
5*4
5*8 i 715,4 3 -n 6
procure and hold in the Treasury a stiffi dent amount to pro
ft
5**
211,4
»l4
6
9
3
|
312
ft1
*
1
81,4
?4"
vide for tie redemption of silver on piesencation. In order
25..
5
2S
5*4
5
5*4
5*8 ; &-i,4 1 3-.2 6
26.. 81,. 2s*
ft
3*09 6
? 14 5
to maintain the parity under such co iditions the Government
5*9
5*8 I
27..
►7.t] 3*12 6
5
ft1*
woul 1 he compelled from the beginning to exchange gold
28.. 8’ is 23.
ft*e
ft" ' 5-8
5*9
6*4
81,4 3 12 0
for silver dollars, or their paper representatives, whenever
29.. Ml,* i 2*tfl ft1*
ftl*
5
30..
demanded, ju s t ns it now exchanges gold for its own note3
5*9
5*9
2*14 5>4 5
6*8 | 811,, 312 6
8
1
when demanded; and ns the coinage of silver dollars would
•b© AiXiVti prlo*# Are—For cotton, low wl'Mim* Upland" at New be unlimited and therefore constantly increasing, a point
« * ; f'»r printing elnthn. manufacturer*’ net price*; for #»hee»ln«*
d would soon be reached where it would be impossible to con
rtn^hiifn*.
pfkNH, whu-h are mibieot to a<i mvrrmp discount of 5
tinue the process of redemption. ,
.....
per cent, e to eg i wnen otherwise stated; Boathern sheetings net.

THE CHRONICLE.

584

‘ ‘ The implied obligation of the Government to preserve the
value of the money which it coins from iis own bullion and
for its own use, and which it forces its citizens to receive in
exchange for their property and services, has been supple
m ented by two statutory declarations which substantially
pledge the public faith to the maintenance of that policy.
The act of July 14, 1890, after providing that the Secretary of
the Treasury should, under such regulations as he might pre
scribe, redeem the Treasury notes issued in the purchase of
silver bullion, in gold or silver coin at his discretion, declares
that it is ‘ the estab ished policy of the United States to main
tain the two metals on a parity with each other upon the
present legal ratio, or such ratio as may be provided by law ,’
and the act of November 1, 1893, again declares it to be ‘ the
policy of the United States to continue the use of both gold
and silver as standard money and to coin both gold and silver
into money of equal intrinsic and exchangeable value, such
equality to be secured through international agreement or by
such safeguards of legislation as will insure the maintenance
of the parity of value of the coins of the two metals and the
equal power of every dollar at all times in the markets and
in the payment of debts.’
“ W ith knowledge of these assurances the people have re
ceived these coins and have relied confidently upon the good
faith of their Government, and the confidence t bus inspired
has been a most potent factor in the maintenance of the par
ity. The public has been satisfied that, so long as our pres
ent monetary system is preserved, the Government will do
whatever its moral obligations and express declarations x equire it to do, and very largely as a consequence of this con
fidence in the good faith of the executive authorities the
silver coins have not depreciated in value. It is not doubted
that whatever can be lawfully done to maintain equality in
the exchangeable value of the two metals will be done when
ever it becomes necessary, and although silver dollars and
silver certificates have not, up to the present time, been re
ceived in exchange for gold, yet if the time shall ever come
when the parity cannot be otherwise maintained, such ex
changes will be made.
“ It is the duty of the Secretary of the Treasury, and all
other public officials, to execute in good faith the policy de
clared by Congress, and whenever he shall be satisfied that
the silver dollar canno be kept equal in purchasing power
with the gold dollar except by receiving it in exchange for
the gold dollar when such exchange is demanded, it will be
his duty to adopt that course. But if our present policy is
adhered to, and the coinage is kept within reasonable limits,
the means heretofore employed for the maintenance of the
parity will doubtless be found sufficient in the future, and
our silver dollars and silver certificates will continue to cir
culate at par with gold, thus enabling the people to use both
metals instead of one only, as would be the case if the parity
were destroyed by free coinage.
(Signed)
“ J . G. C a r l i s l e .”

D E B T STATEM ENT

SEPTEM BER

80,

1896.

The following statement of the public debt of the
United States on September 30, 1896, is made up from
official figures issued on that day. Lower down we
give an interesting exhibit of the bonds issued in aid
of the Pacific Railroads, and the Treasury cash hold
ings, all of the same date.
INTEREST-BEARING DEBT
Interest
Amount

Title o f L o a n -

payable.

issued.

$

S E P T E M B E R SO, 1896.
,-----------A m oun t outstanding.----------- Registered.
Coupon.
lota L

$

$

L o a n o f J u ly 12,1882 .Q.—M .
305,529,000
F u n d ed loan, 1891,
C on tinued at 2 p. c . .Q .—M.
250.000. 000 25,364,500
................
4s, F u n d ed loan, 1907.. Q.— J.
740.899,150 490,351,000
69,283,800
4s, R e fu n d ’g certiflc’s.G .— J.
40,012,750
.........................................
5s, L o a n o f 1904 ....... Q.— F.
100. 000. 000 59,563,650 40.436,350
4s. L o a n o f 1925...........Q — F.
162,315,400
94,987,150 67,328,250
T ota l, e x clu d in g P a c.1,593,756,300 670.269,300 177.018,400
R R B o n d s ................

$

25,364,500
559.637,800
46,560
100,000,000
162,315,400
847,364,2

D E B T ON W H IC H IN T E R E S T H A S C E A S E D SIN CE M A T U R I T Y .
_
A u g. 31,
F u n ded L o a n o f 1891, m atured S eptem ber 2,1 8 9 1 .. $388,050 00
O ld d e b t m atu red prior and subsequ en t to Jan. 1, ’61. 1,234,910 26
D e b t o n w hich in terest has ce a s e d .......................... $1,622,980 26

Sept. 30.
$387,050 00
1,234,740 26
$1,621,790 26

D E B T B E A R IN G NO IN T E R E S T .
U n ited States n otes ........................................................................................... $346,681,010
Old dem an d n otes ..............................................................................................
54,347
N ational B ank n otes—R ed em p tio n a c c o u n t ........................................... 18,845,768
F raction al cu rren cy.............................................................. $15,266,438 14
L ess am ou n t estim ated as lo s t or d e s t r o y e d .............. 8,375,934 00
----------------------6,890,504

00
50
00

R E C A P IT U L A T IO N .
Sept. 30.
A u o. 31.
m
1896.
1896.
Classification o f D ebt
$
$
In terest-b ea rin g d e b t ......... 847,304,260 00
847,364,260 00
D ebt, in terest cea s ed ...........
1,021,790 20
1,622,960 20
D e b t bearing n o in te re s t... 372,471,635 64
372,856,370 14

Increase or
Decrease.
$
...........
D ec. 1,170 00
Dec.384,740 50

T otal gross d e b t ............ 1,221,457,685 90 1,221,343.598 40
Ca3h b a la n ce in T rea su ry .. 241,154,455 10
243,346,4u0 53

Dec.385,910 50
Dec.2.191,945 43

T o ta l n et d e b t.................

980,303,230 80

978,497,195 87

Pacific Railroad bonds are never included in the official
total of the Government debt. The status of these obligations
to-day is as below: Methods of book-keepiDg make the of
ficial record unintelligible to most readers, and hence we
have brought together in our compilation the leading facts
relating to the subjeot.
BO N D S

IS S U E D IN A I D O F P A C IF IC R A I L R O A D S .
r-.Bonds issued andr-^ ------ Bonds paid, nr date o f m a tu r ity .------ *
accum ulated in t.
A lready D a e Ian. D u e.Ia n . D ue Jan.
N am e
P r in cip a l. In terest,
paid.
1, 1897.
1,1898.
1, 1899.
o f R ailw ay.
8
§
$
$
$
$
Central P a cific . .. .25,885,120 31,988.339 3.962.000 2,112.000 10.014.120 9,197,000
K ansas P a cific___ 0,303,000 0,493,843 2.080.000 2,800,000 1,423,000
.............
U nion P acific.........27,236,512 80,106.709 4.320.000 3,840.000 15.919,512 3,157,000
Cent. Br. U. P ....... 1,600,000 2,133,091
640,000 640.000
320,000
.............
W e ste rn P a c ific ... 1,970,500 3,195,919
............
320,000
............
1,650.560
S iou x City & P a c . . 1,628,320 2,484,105
................................ 1,028,320
.............
T o t a l................. 64,623,512 79.402,667 11,002,000 9,712,000 29.904.952 14,004,500

The cash holdings of the Government as the items stood
September 30 we take from the Treasury statement of that
date. The net cash balance given below is the same as de
ducted above in reaching the net debt.
C A S H IN T H E T R E A S U R Y .
G old —C o i n ...........................................................................$121,712,737 02
B a r s ........................................................................... 40,998.574 19-$162,771,311 21
S ilver— D ollars................................................................... 390,688,1-03 00
Subsidiary c o in .............................................................
15.120 482 53
B a rs ................................................................................... 114,829.398 5 4 - 510,644,844 07
P a p e r—U n ite d States n o t e s ........................................ 97,133.716 00
Treasury n otes o f 1890............................................... 36,040.233 00
1.591,900 00
G o ld c e rtifica te s...........................................................
Silver ce rtifica te s.......................................................... 10,045,030 00
C ertificates o f d e p o s it ( A c t Jun e 8, 1872)...........
410,000 00
N ational bank n o t e s ....................................................
12,834,494 39— 158,055,373 39
O th er—B on ds, in terest and co u p o n s paid, aw a it
ing reim b u rsem en t.......................................................
868.379 04
M in or c o in and fra ctio n a l c u r r e n c y ... .................
1,219.627 12
D eposits in n a t’l ban k de p o sita rie s—g e n ’ l a c c t...
12,269,ueo 22
D isbursing officers’ b a la n c e s ........................................
4,313,276 7 9 18,171,243 77
A g g re g a te ..

In c. 1,800,034 93

The foregoing figures show a gross debt on September 30,
1896 (interest-bearing and non interest-bearing), of $1,221,457,685 90, and a net debt (gross debt less net cash in the
Treasury) of $980,303,230 80.
™ "

$849,642,772 44

D E M A N D L IA B IL IT IE S .
G old c e rtifica te s ............................................................... $40,328,539 00
S ilve r certificates ................................
364.476,504 00
C ertificates o f d e p o s it a c t J u n e 8 ,1872.....................
34,715,000
00
T reasury n o te s o f 1890................................................... I2i.004.280 00—1564,524,323 00
F u n d f o r redem p. o f u n cu rre n t n a t’lbank n o te s
9,105.851 50
O utstanding ch e ck s an d d r a ft s .................................
4,189,982 94
D isbursing officers’ b a la n c e s ......................................... 20,27^,222
04
A g en cy accou n ts, & c ......................................................
4,332,937 20 43,903,994 34
G old r e s e r v e .......................................$100,000,000 00
N et cash b a la n c e ................................ 141 154,455 10................................ 241,154,455 10
A g g re g a te .............. .............................................................................. ...$849,642,772 44
N et cash b a lan ce in th e T re a s u ry A u gu st 31,1896............................... $243,346.4^0 53
N et cash balan ce in th e T rea su ry Septem ber 3 0 ,1 8 9 0 ..................
241,154,455 10
D ecrea se d u rin g th e m o n t h ...................................................................

$2,191,945 43

C learings by T elegra ph .— Sales ot Stocks, B onds, &c.—
Stock E xchange Clearing-H ouse T ran sactions. — The sub
joined statement, covering the clearings for the current week,
usually appears on the first page of the C h r o n ic l e , but
on account of the length of the other tables is crowded out
once a month. The figures are received by telegraph from
the leading cities. It will be observed that as compared with
the corresponding week of 1895 there is a decrease in the
aggregate of 18'4 per cent. So far as the individual cities are
concerned New York exhibits a falling off of 19 0 per cent,
and the losses at other points are: Boston 19’4 per cent, Pniladelphia 28 7 per cent, Baltimore 0 8 per cent, Chicago 20-9 per
cent, St. Louis 13-3 per cent and New Orleans 22-4 per cent.
W eek E n din g October 3.

OL1ABINGS.
R etu rn s by Telegraph.

1896.

1895.

P e r Cent.

N e w Y o r k ....................................
B o s t o n ............................................
P h ila d e lp h ia ................................
B a lt im o r e .....................................
C h ic a g o .......................................
S t. L o u i s ................. .....................
N e w O r le a n s ........................ ...

$ 4 7 1,42 7,4 56
77.940,286
49,917,623
30,968,281
67,237,205
18,723,926
7,049,860

$ 5 8 1,85 3,8 82
9 6 ,737.724
6 9 ,9 9 7 ,5 2 0
1 1 ,0 5 3 ,7 7 4
84,500,048
2 1 ,6 0 1 .4 6 0
9 ,084,386

-1 9 0
-1 9 * 4
-2 8 7
—0-8
—20-9
-1 3 3
—22-4

S e v e n c it ie s , 5 d a y s .........
O th e r c it ie s , 5 d a y s .............

$ 7 0 3,26 4,6 37
123 ,479,267

$87 4 ,8 0 8 ,7 9 4
1 5 0 ,271 ,40 3

-1 9 -6
—17-S

T o t a l a ll c it ie s , 5 d a y s . .. .
A ll c it i e s , 1 d a y ..........................

$82 6,7 4 3 ,9 0 4
175,914,373

$ 1 ,0 2 5 ,0 8 0 ,1 9 7
204 ,1 6 8 ,7 6 8

-1 9 2
-1 3 8

$1,0 0 2 ,6 5 8 ,2 7 7

$1,2 2 3 ,2 4 3 ,9 6 5

—18*4

T o t a l a ll c it i e s f o r w e e k

Another table, our usual monthly detailed statement o f
transactions on the various New York Exchanges, has also
been crowded off of the first page. The results for the nine
months of the current year are. however, given below and
for purposes of comparison the figures for the correspond
ing period of 1895 are also presented.

14

A g g re g a te o f d e b t bearing n o in te re s t............................................... $372,471,635 04

m.

[V o l .

N ine Months, 1890.
Description.

P a r Value
or Q uantity

A ctual
Value,

39,952,281
Stock
$372232*98 < j 24465985‘}8
RR. bon d s.. $254,980,870 $181,432,102
G o v ’t bonds $22,14 *,950 $25,915, 22
$892,972
$1,066,500
8tat,e bon d s
$420,900
$709,306
Bank stocks

l$4.490505235

A ctu a l
Value.

drtr'ge
P rice.

49.338.033
65-7 j $4719.458.05 i J 2795005520 59*2
71-2
$38H,*29 1*0 $270,123,838 69-6
$7,ii21,14 1152
$6,096,950
1155
$4,913100
$1,901.358 4 0 0
r3 6
$633,254 1054
$382,916
166-1

T o t a l . . . $4041801481 $2.655547940 65*7
34.401.100 $1,304233"70 *37-91
C o tto n ., bis.
G rain.bush. 83c,93o,242 $53'.,733.571 04C.
T otal value.

N in e Months. 1895

A ver'ge P a r Value
Price. o r Q uantity

$5119,280,801 3.074.S09.114 60-1
31.9P4.200 $1.116336605 $04-90
1,0 5,870,78 $1 059405417 60c.
$5,250931136

The transactions of the Stock Exchange Clearing-House
from September 1, down to and including Friday, October 2,
also the aggregates for January to September, inclusive, in
1896 and 1895 are given in tabular form below.

THE CHRONICLE.

O c t o b eb 3, 1896.]

STOCK ■X C H A .S G B O L B A a iH Q H O O SB T SA tT SA O riO M H .

— Shares, both tides.—» -------- Balances, one side--------Sheets
C leared.

IS 9 3 —

Total V a lu e

8 h a res

$

J a n u a r y ..
IS^VS.&OO
*90.2OO.O<n
F ebruary.
12.030.000 742.100,000
M a rch . . . .
iu ,0 5 7 .7 '» u « 7 ,5 0 0 .0 0 0
A p r i l .......... 15,799 2*Kl 1 .0 0 1 . 8 0 0 ,0 0 0
M a y ............. 28,220.100 L 00 3 .4 0 0.0 00
J u n e .......... 17.365.600
LLOl/Jtt.OOO
J u l y ............ 29,370.400
1.157.973.000
A o f fu s t ...
1 8 .3 49 40 1 U iS l.7 ) *(> »)
S ep tem b er
21.738,200 1.541.100.000

V a lu e Shares Cash. C le a r e d .

$

#

L 09LW 0
9 97 .50 0
1,493.600
1.710.501
3,1 3 1.9 00
3.0 7 0.1 00
2.345,900
1 .9 7 5 .2 0 )
2.742,000

rt3.700.OO0 1,4*^1.100
5 5 ,0 > 1.000
1,133.500
8 5 .4 0 1.000 1.9-26.400
94.5 00 .00 0 1,399,300
182^)00,000 3.157,200
l l t , 5 U . 0 9 » 1 .5 U .* u o
132,400.500 2 .101.100
137.000.000 1.931.100
H 6 .4 0 i.0 0 0 2.211,509

6.434
o .ilfc
6.340
6.4.34
7.391
6.403
6.939
6 .7 9 '
6,7 5 r

9 m ot ...

1 71,421.4*0 10.65rt.975.0oo

17.377.700

9 81.890.500 15 980.0 W)

59.203

J a n o a r y ...
F ebru ary.
M a rc h ____
A p ril______
M a y ............
J u n e ...........
J u ly .........
A n * u * t ..
S e p te m b e r

15.299.500 9 6 7 .70 0.0 9)
17.0O4.9"O L 0d 8.6 00 .00 0
i6.675.C 90 2 ,0 66.600.000
14.612.2X1
1*1.000,000
10
1,6 0 0
75O .#W .000
15.189.600
L 18 2 .4 0 0.0 09
21.158.300 1.398.500.000
16.537.200 L^UOOO.O-W
17,640.200 L # 6 . 100,000

1,614.200
l» 5 .5 0 0
1,631.500
1.699.100
1 . 1 2 2 ,0 0 0
1 .5 0 ). LOO

88,100.000
1,445.000
106,30 VKM 1 .661,400
91,0 00 .00 0 1,451,800
99.6 00 .00 0 1,213.300
6 ).lo 0 ,0 0 0
921,800
9 5 .9 )0 .0 0 0 1.325.500
lfJ7.500.0-W L « W » H
63.6«)0.000
1 .6 9 0 .8 )0
86 2 00.000
L 624.900

6,876
6.261
6,408
5 732
6.307
0.9-»«
6 .2 8 8
7.171

8 lS .60 0 .00 0 1 9 .8 36 .70 )

£8.9 70

IStttt-

9 m o a . . . 141.757.5-JO

LS0L700
L 5 6 ) .l 0 0

9.635.000.000

---------- B alances,

^-Shares , both sides,—\
C leared. Total Value.

Shares.

o n e s i d e . --------- . Sheets
V alue Shares. C *ih . C l e a r e d

#
64.6JO.OJO
54.2)0.000
55,400,000
53.200,000
45,000.000

68.630
67,809
77,900
68.800
61/200

4 30 >.0 >0
4,400.00)
4.3)0,000
8,300,000
3.200.000

ToL «rk..3.899.500 272,400,000
Wklantyro. 879.600 371,700.000
8epL28...1,443.300 91,900,000
** 29... 717,100 45,900.000
M 30. . 814,300 47.80 ).0)>
Oct. 1 . 83 4,30 ) 5 4,100,000
M 2. . 667,900 37.000.000

3 45.300
821.000
145,500
71,100
74.7)0
0 4.000
73.400

1),5 ) ).000
33.600.000
7.200.000
3.000,000
3.500.000
4.800.000
3.500.090

Sept-21..
- 22..
* 23..
M 2 4..
•4 25..

857.500
7 45.800
812,700
79S.30O
688,200

6 ,8 1 1

$

$

70.5 >0
81,800
72,00)
4 9 .6 0 0

57,700

32 2
309
304
313
309

332.40) 1,557
531.700 1.66 q
353
131,600
49.300
313
53,60 »
318
6 4.20)
3)9
53.300
31'»

Tot. wk..4.517.900 277.530.000 419,500 22.600,000 356.090 1.60C
WkUatyr4.160.500 255.500,000 470.900 24.300.000 339,900 1,57 9
The stock* cleared now are American Ojtton Oil common
American Sugar common, American Tobacco common, Atch
ison, Central of N. J., Chesapeake & Ohio, Chica ro Burlington
Sc Quincy, Chicago Gas, Chicago Milwaukee Sc St. Paul com
uion, Chicago Sc North Western common, Chicago Rock Island
Sc Pacific. Delaware & Hudson, Delaware Luokawa ina <$
Western. Distilling & Cattle Feeding, General Electric, Lake
Shore & Michigan Southern, Louisville SC Nashville. Manhat
tan, Missouri Kansas & Texas preferred, Missouri Pacific, New
York Central, New York Lake Erie & Western. New York <5
New England, New York Ontario Sc Western, New York Sus
quehanna Sc Western preferred, Northern Pacific preferred,
National Lead common, Philadelphia Sc Reading, Southern
Railway common and preferred, Tennessee Coal Sc Iron, Terae
Sc Pacific, Cnion Pacific, United States Leather common and
preferred. United States Rubber common, Wabash common
and preferred. Western Union and Wheeling & Lake Erie
common.
F ailures for T hird Quarter and S ix es J a n u ar y L —
The following figures, prepared oy Messrs. R. G. Dun & Co.,
show the number of failures in the United States and Canada
during the quarter endiugSepr. 30, 189#, and (he nine moo lis.
For purposes of comparison like figures for the corresponding
periods of the preceding year are given :
— 1895.---.---------199#.Third Quart* r.

A m ou n t o f
S'o. o f
A m ount of So. o f
Failures. Liabilities. Failures. Liabilities.

New England State* . . . . . . . . .
Middle S l a t e # ......................
S o u t h e r n s t a t e * ...................... .. . .
S o u t h w e s t e r n State#......... ...
Central State# . . . . . . . . . . . ...
Western State*................... ...
P a c i f i c State* and Territorial*.

422
SIS
313
8U

302
335

301

#0,035.181
24,122,041
7,059.950
4,43 Mil9
25,164.496
3.077,7.06
1.926,572

76*

420
186
523
299
29 1

$3,322,857
8,007,196
3,909.929
2.500,282
8.069.514
3.103.081
1,368.320

Aggregate United State*.. .. 3,757 •73,124.643 2,792 #32,167,179
1896.--------- * ,------------1895.
A m ou n t o f
A m ount o f S o. o f
.Vo. o f
Months.

t ’a it u **««.

New England State#.... ...1.222
M id d le S t a t e s ______ ________- 2 , 8 * 1

Southern State* .................. 1,693
Southwestern State*........... 946

Central state*........ .............2,046

We*t-rn State#.................... 1,008
Pacific State# and Teniter's.! ,017

Liabilities. Failures.

#17,044,533
56,704.340
24.06,3.470
12,526,591
44,430,193
9,283,690
7,041,314

1,114
2,4.56
1,771
692
1,559
985
892

L iabilities.

585

This attitude of the Austrian and Hungarian press has
naturally made an impression here, hut over and above
everything else is the fear that the fanati ;is n of the Mo lam m eian mob in Constantinople may be turned against the
European residents. An appeal has been made by some o f
those residents to Lord Salisbury for m-asures to protect
them, and it is an open secret that many, who for one reason
or another are unwilling to appeal to their governments, are
yet seriously apprehensive of very grave disturbances. A s
yet, however, there is no appearance of any concert among
the Powers to prevent a catastrophe.
Tne continued withdrawals of gold are adding to the anxi
ety springing from the political situation. It was thought
until quite lately that a very few millions sterling would sat
isfy the United States; now it i3 feared that many millions
will have to go, and although the Bank of England holds so
exceptionally large an amount of the metal, it has to be borne in
mind that from 13 to 14 millions of it is in Japanese money,
and that the Bank cannot be sure when an incon
veniently large sum may be taken out by Japan. A t the
present time there is a strong hope that the Bank o f France
will allow so much gold to be withdrawn as will prevent any
unreasonable rise in rates here. At first the Bank of France
seemed intent upon protecting its own stock of the metal
whatever might happen, but now it appears to be recognized
tbit a disturbance of the Lonioa money market would cer
tainly react upon Paris.
Naturally prices have fallen ia every department of the
Stock Exchange and there is a rather gloomy feeling. The
sharpest fall has been ia consols and in British railway
stocks
During the period of very cheap money immense
numbers had borrowed for the purpose of buying these secu
rities, and they had done exceedingly well until now. The
po itical scare and the fear of dear money has affected them ,
so that very large amounts have been thrown upon the mar
ket. Of course there has likewise been bear selling. But
mainly the decline is due to the coming out of long stock.
R-al investors have not been selling.
In the American m irket there is no change. The public is
holding aloof, and the great operators are naturally unwilling
to commit themselves while politics look so threatening and
dear money is apprehended. In the inter-bourse department
there has been less change, and in the mining market there
has been very little selling; but owing to the abstention of buy
ers quotations have be;n put down all round.
The silver market, like other departments, has been de
pressed during the week, mainly, it is said, owing to Ameri
can selling.
The rates for money have been as follows :

Lyndon.

Interest allowed
for deposits by

Open Market Bate*.

*

Trade Bill*.

Bank Bill*.

Disc't W s*

•#

c

Six
Four
Six
Three F o u r
Stock A t 7 to 14
Three
C5 Months Months Months Mont,hs Months Months Banks. Gall. Days.
Aug
*•
S ep t.
•
-

15-16
15-16
t
SI 2
28 2 IH U 1M i x a i x
IX
1 3 -1 0
* 2
IX
1H»
li •
1 H « 1 * t*®lX i x ® «
i
18 « £ 1 X ® X
lM f'-UK
a e p t o m b e r 10.
t 1 @ 1 1-10

X
X
X
1
1

%

IX
IK
IK
2X

1X ® 1X
tx
IX
2X
2X

IX
IX
IX
2

X
X
1
1

X

X
X
1
1

814.019,095
2m % H
2X
43,535,205
18,721.360
•m
* 1 1 3 -1
6.109.070
The Bank rate o f discount and open market rates at the
23,110,191
9,574,85 4 ch ief Continental cities have been as follow s:
5,907,345

Aggregate U. State* .. . 10,783 S171.091.431 9,449 $121,007,123

BXottetarg5©omnxerctal^ ttgltsh Hero#
IFrom oar own oorre*pondent.l

L ondon , S a tu r d a y . September 19, 1896.
The city has been disturbed all through the week by alarm
ist rumors. It was said at one time that Lord Salisbury had
proposed to the Continental Powers to combine for the pur
pose of deposing the Sultan. The rumor has been contra
dicted and repeated, but the general opinion seems to be that
it is not altogether without foundation. At all events the
Continental papers, and especially those of Germany, Austria
and Hungary, are writing as if the proposal ha 1 actuilly
been made, and they are showing themselves hostile t > this
country. For a long time the German press has been anything
but friendly, but until quite lately the Austrian and the
Hungarian press attached great value to an agreement with
England Suddenly they have turned round and are now
accusing our Government of all sorts of wild intrigues.

Sept. 11.

Sept. 18.

Rates of
Interest at

Bank

Bate
P a r i* ....................
B e r lin ...................
U a m b a r K ..........
F ra n k f o r t .........
A m s t e r d a m ....
B r u s s e l* .............
V i e n n a ................
0t. P e t e r s b u r g .
M a d r id ................
C openhagen. .
AUJK51 n .

Open
Market

2
4
4

tx
3*
s«
t’- x
2X
2
4

4
3
3
4
6

6X
6
SM

6
3V4

A IA U 3J

««

Bank
Bate.

9
4
4
4
8
8
4
6
5
3 >9

Bank
Open
Market B a te.
i«
3X
3X
3X
2
IX
8X
6X
6
3X

Aug. 28.

Sept. 4.

2
3
8
3
3
3
4
0
5
30i

Open
Market

Bank
B a te.

Open
Market

1H

2

~X~

2X
2X
2H
IX
IX
3X

3
3
3
3
3

6X
6
s*

6

2H
2

m

4
5
3H

6
3*

-------

ptember 17 :

lold. —The demand for gold has continued during the past week,
1 for the same quarters, with >ut there being anv ohange *“ e'*“ ?r
Imarket price or bank Helling price, which rein urna at 78e.
more of a change In the B.nk rate were not fulfilled, and it
impel-cent TU - Bank reoeived during the week *32^00 mSo.vr
Igns.and wild £105.00» in bare, and X.tMOOOiti Eagl_ «
hdrawal for the week being £ ue.OOik Arrival-. S. Africa, *ld5,
»• Ur.17.11 £24 000' Coili. £6.000; West Indies, £3A,uou.

99,uOo. Shipments: Bombay, £32,500; Calcutta, £ 10,000. lo t a ,
2,500.

THE CHRONICLE

686

8ilver.—There ha? been a considerable fall in silver duriag the week;
from 30 7lfd. it fell, on American selliug orders and diminished inquiry
for Indi«, to 30d. sellers; from that there was a sharp reaction, and
vrith India again in the in irket America has not supplied oar wants,
and we close havers ai 30%d. Arrivals: New York, £ 152.00': West
Indies, £16 000; Brazil, £11,000. Total. £179,000. Shipments:
Bombay. £126,500; Calcutta. £5,000. Total, £ 131,500.
Mexioau Dollars.—No demand for Mexican ab^ve their silver value.
Price, 29%d. Arrivals: Mexico, £32,</0.; New York, £2,o00. Total,
£34,000.
The quotations for bullion are reported as follows:

Bar gold, fine___oz.
Bar gold, parting.oz.
Spanish, old........ oz.
New.................. oz.
V . S. gold coin...oz.
Gernrn gold coi u.oz.
French gold eoin.oz.

Sept.
17.
s.
78
78
76
76
76
76
76

Sept.
10.

d.
0
0%
1%
2k
7k
3%
3k

s.
77
73
76
76
76
76
76

S il v e r .

London Standard.

Sept.
17.

d.
d.
1134 Bar silver, fine...oz. 3038
0% Bar silver, containit>. mg 5 grs. gold-.oz. 30%
Cake silver......... oz. 32%
7L> Mexican dollars.oz. 29^8
3k
3%

d.
30%
307a
32%
29 k

The following return shows the position of the Bank o f
> tgland, the Bank rate of discount, the price of consols, & c .,
*■*•. npared with the last h ee years:

t r o u la tlo n ................................ .
P anlic d e p o s its ........................
O th er d e p o s its ............................
G o v e rn m e n t s e o u ritle s...............
O th er secu rities ............ ..............
R e s e r v e o f n otes and c f i n . . . ..
o in & bu llion, b o th d ep a rtm ’ ts
P r o p .r e s e rv e to lia b ilitie s ..p . o.
B a n k r a t e ........................ per c e n t
on sols, 2% per c e n t .. . . ...........
l i v e r .................................................
Clearing-House returns..............

1893.
1«U0.
1895
1894.
Sept. 10.
Sept. 19
Sept. 20.
Sept. 13.
£
£
£
£
20,835.985
20,225.115
25,257,9 5
25,495,565
8,812,409
4.423.375
4,108,198
0.8! 4,798
50,213,038
48,815,090
39,441,979
29.789,089
14,944,900
9,589,341
14,792,304
11,339,427
28,347,085
25.402,721
19.743,089
24,485,357
18,330.05 L
33,110,433
33,418.921
31,115,392
42,140,413
42,874,033
27,370,210
39,573,327
B3H
70 11-10
53 13-10
60M
2
2
2*
*3*
103«
107 11-18
97%
10 VA
30^ d.
29 5-18d.
34a
30k 4.
137,619.000 173,299.000 121,510,000 121,713,000

* September 21.

The following shows the imports of cereal produce into
the United Kingdom during the first two weeks of the new
season compared with previous seasons :
IMPORTS.

1896
1895.
1894
1893.
Im portsofwheat,cwt. 2,565,540 3,850,500
2,941,296
3,09 *,850
B arley........................
601.600
1,012,220 1,3'. 9,914
1,017,4*^0
Oats.............................
746,863
896,300
758,880
755,188
te a s .............................
79,715
163,6"0
53,649
64,340
Beans..........................
70,810
184,050
202,188
334,690
1,564,049
Indian oorn................ 2,901,700
2,231,900
962,625
F lo u r..........................
908,280
734,800
752,217
1,085,916
Supplies available for consumption (exclusive of stocks on
September 1):
1893.
„r
1896.
1895.
1894.
Wii
imported, cwt. 2,565.540
3,859,500
2,941,296
3,099.850
!
.-cr of floor......
908.280
734,800
752,217
1,085,916
b- • •.»f homo ^rowiL. 1,186,701
1,003,202
535,799
394,424
Total..................... 4,630,521
5,130,099
4,087,937
5,188,968
1896.
1895.
1894.
1893.
Aver, price wheat,week.23s. 9d. 22s. lOd.
21s. 7d.
25s. 7dAverage price, season..23s. 5d. 22s. lid .
22s. Id.
25s. 6d
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom :
This week. Last week.
1894.
1895.
W heat..................qrs.1,293,000
1,205,000
2,003,000
2,026,000
Flour, equal to qrs. 307,000
365,000
364.000
155.000
Maize........................... 1,170,000
1,250,000
312.000
788.000
E n g lish F in a n c ia l M a r k e t s -P e r Cable.
The daily closing quotations for securities, See. , at London
are reported by cable as follows for the week ending Oct. 2:
L ondon.

Sat.

30%6
109%
109 H
01*87%
12%
59%
15%
75%
44
137q
30%
93k
14934
42 s4
68%
Mo. Kan. & Tex., com.. 10%
N. Y. Cent’l & Hudson. 95k
N. Y. Ontario <fe West’ n 13%
Norfolk & West’n, pref. 14
Northern Pacific, pref. 2134
5334
Phila. & Read., per all..
9k
South’n Railway, com ..
8k
Preferred.................... 24%
7
Union Pacific................
Wabash, preferred...... 15k

Silver, per ounce.......d.
Tonsols., new, 2 k p.cts.
For accou nt...............
Fr’ch rentes (in Paris) fr.
Atch. Top. & Santa Fe.
Canadian Pacific..........
Chesapeake & Ohio......
Okie. Milw. & St. Paul.
Denv. & Rio Gr., pref..
Erie, com m on...............
1st preferred.............
Illinois Central.............
Lake Shore...................
Louisville & Nashville.

Mon.
3Oai0
1093s
109%
01*82%
13%
60%
15%
75%
45
143s
31%
93%
151%
43%
10%
96
143s
143q
21%
53%
9k
8%
25
7%
15k

Tues.

Wed.

Thurs.

Fri.

10*%
109%
101*75
133s
5934
15%
75%
44%
14%
31%
93%
151k
43%
68%
11%
95k
14%
14%
21%
53%
9k
834
24%
6%
15%

109%
110%
101*70
1334
60
16
743a
45 k
14%
33
94%
152
44%

lio k
110%
101*95
l:-{34
59%
.15%
74k
45
14%
33
93k
151k
45
69k
11%
96
14%
15
22k
53%
10%
9
25
7k
15k

'10%
110%
01*82%
14%
59k
16
74%
45k
15
33%
94
152
44%

11%
95k
14%
15
22%
5334
10
9%
25%
738
15%

place before our readers to-day the details of Government
receipts and disbursements for the month of September. From
previous returns we obtain the figures for previom months,
and in that manner complete the statement for the nine
months of the calendar years 1893 and 1895.
receipts

1*0

G o ld .

London Standard.

11%
96
1434
16%
22 k
10%
9k
26%
7%
16

©ommevcial and ptisccUaucoxts Ucwrs
N a t io n a l B a n k s .— The following information regarding
national banks is from the Treasury Department:
IN LIQUIDATION.

4,834.—The Farmers’ National Bank of Malvern, Iowa, has gone into
voluntary liquidation, by resolution of its stockholders dated
August 6,1896.
G o vern m en t R e v e n u e a n d E x p e n d it u r e s .— Through the
courtesy of the Secretary of the Treasury, we are enabled to

[P ol . L X m ,

Jan.......
Feb . . . .

March..
April...
Vlay....
June.
July....
Ang...
8ept*...

(000s omitted).

1890.

1805

Cus lnter’i N.Bk.
Red’p. Misc’ - lotal.
toms. Rev}ue Fund Srco

Cus Enter’1 tf.Bk.
Red’p. Misc} Total.
toms. Rev’ut Fund. S’rce*
*
t
1
t
%

t

$

t

t

t

17,375
13.908
13,344
11,260
10.950
11,352
12,157
12.330
11,374

11,170
10.807
11.536
11,202
11,550
13,352
11.303
11,961
11,679

133
992
341
178
235
1,311
3 /0
23
66

2,391
1,346
1,101
2,0'S
731
3.09 b
2.500
1,271
1,531

31,375
27,051
26,302
24,729
23.169
29,108
29,309
25,58 5
24,050

17,600
9,117 1,100
13,335
8,860
213
11,930
9,855
514
12,009 11.010
700
12,175 So, 751
111
12,139 11,811
383
11,077 12,898
H2
15,639 12,172
35^
14,054 12.260
476

1,875

29,093
23,101
68e 25.985
2.457 2 4.812
2,014 25,089
1,074 25.998
2,091 29.251
1,112 29.339
03O 28,026

69:3

9 rues . 114,054 107,560 3,952 16.170 241,748 127,455 9 ■<7 37 1,404 13,300 243.896
disbursements (OOOs

om itted.)

1890

Jan.......
Feb —
M iron ..
A p ril...
M ay....
J u n e ...
July...
Au k ...
3 e p t....
9 mop.

1895.

N.BH.
Pe I n  Red’ p. Total.
sinus. terest Fund

Ordi
nary.

$
«
15,429,967
12.164 12,317
11,892 11,710
13.780 1",078
12.803 12.8 )4
13.087 11,30)
22.277 13,101
20. m
12,390
11.071 11,486

*
6,985
2,208
67
5.141
2,82
153
6,710
2,?3<
423

140,005 105.159 28,415

f
1,119
1,103
91J
084
1,115
1,119
783
48 i
150

(
33,494
27,852
23,186
29,681
29,512
20.564
42,871
30, 104
27,<30

Ordinary.

V .S k.
P en
I n  Red' p.
sions. terest. Fund.

«
17,381
11,795
13,848
15,104
13,903
11,181
18,485
18,437
13,310

»
1
10,054 7.03b
12,380 1,521
11,623
200
11,980 5,520
12,902 1,751
10,204
298
12,755 7,308
12,302 1.811
2)0
10,708

$
1,414
1,339
1,270
1,090
1,27b
1,229
974
01?
93.*

lotal.
t
35,937
27.055
27.007
34,080
29,837
22,912
39,523
33,235
25,255

7,707 28L.406 133,81-' 104,911 25,891 10,20. 271,840

I m p o r t s a n d E x p o r t s f o r t h e W e e k .— The following are
the imports at New York for the week ending for dry goods
Sept. 21 and for the week ending for general merchandise
Sept. 25; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT NEW YO RK .

For week.

1896.

Dry goods.......
Gen’l mer’dise

1895.

$1, 25,984
5,496,694

1894.

$2,838,334
6,91^,570

1893.

$2,233,362
7,963,666

$1,515,548
4,727,985

$9,756,904 $10,197,028
$7,322,678
T o ta l........
$6,243,533
Since Jan. 1.
Dry goods....... $85,213,783 $109,912,325 $64,139,632 $100,999,807
Gen’l mer’dise 247,249,710 270,419,522 253,052,723 325.120,812
Total 38 weeks $332,463,493 $380,331,847 $317,192,355 $426,120,619
The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
pecie) from the port of New York to foreign ports for the
week ending Sept. 28 and from January 1 to date :
EXPORTS FROM NEW Y O R K FO R THE W EEK.

1896.
For the week..
Prev. reported

1895.

$8,506,717
$5,912,627
268,206,127 240,000,355

1894.

1893.

$6,806,856 $7,606,377
260,838,041 216,529,050

Total 38 weeks $2 6,712,844 $245,992,982 $267,644,897 $274,135,427
The following table shows the exports and imports of specie
at the port of New York for the week ending Sept. 26 and
since January 1, 1896, and for the corresponding periods in
1895 and 1894:
EXPORTS AND IMPORTS OF SPECIE AT NEW YO RK .

Gold.

Exports.
Week.

Imports.

Since Jan. 1.

Week.

Since Jan.l.

Great B ritain........
France.....................
Germany.................
West Indies............
M exico....................
South America.......
All other countries.

$ ............ $12,089,260 $4,271,854 $29,163,242
5,603,082
8,357,541
496,175
27,002,066
2,552,965 11,953,156
5,063,215
625,996
83,843
62
231,665
3,758
2,828,817
937,827
13,646
40,000
7,100
80,447

Total 1896........
Total 1895........
Total 1894........

$50,943,742 $7,429,341 $53,032,634
$2,517,837 09,455,374
67,086 23,410,418
2,000 84,287,296
50,685 14,293,473
Imports.
Exports.

Silver.
Great B ritain........
Germany.................
West Indies............
South America.......
All other countries.
Total 1896........
Total 1895........
Total 1894........

Week.

Since Jan.1.

$1,318,953 $35,135,945
3,457,189
84,846
............
379,521
4,583

107,861
1,771

$1,323,536 $39,167,133
810,200 28,126,369
730,675 25,935,488

Week.
9 ...........
598
6,304
21,265
36,925
8,428

Since Jan.l.
$13,277
6,176
6,359
259,367
710,968
1,205 471
64,860

$73,520 $2,266,478
26,347
1,457,903
16,132
1,315,871

Of the above imports for the week in 1896 $7 232,018 were
American gold coin and $918 American silver coin.

THE CHRONICLES

October 3, 1896.];
Breadstuff*

Figures

llr o u ? h l

F rom Pa^e

6 1 1 .— The

statements below are prepared by us from tbe figures of the
New York Produce Exchange We first give tne receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Sept. 26, 1896,
and si ice August 1, for each o f the lu3t three years:
Receipt* at—
C h ic a g o .....
M ilw a u k e e .
D u l u t h ........
M in n e a p o lis
T o l e d o ------D e t r o i t ------C le v e la n d ..
S t. I> ^ u ls ...
P e o ria . . . . .
K a n s a s C ity

Flour.

j

T o t .w k . ’Od
S a m e w k .’95
S a m e w k ’94
Since Amu. 1.
1 8 9 6 ..........
1 89 5 ............
1 80 1 ............

Oats.

Corn.

VFkmL

B tts.1 9 6 bt'.BmthWibt
61.101
7 7 8 .7 ®
33.450
143.8X)
189.069
1.480.884
3.825, 8,150,360
1.837
856.000
4.250
104.187
1,41*1
118,065
84,400
886.124
5 ,550
3 9 fl*>>
2 2 0 /0

2,078,0^2
3 ,9 >'

Rue.

2.8)15, $44
2,839,768
1.529,417

2.306,184 41,657,659
2 .19L.043 34,931,14 ‘
8 .973.011! Sl.5 00 .4 48

27.990,477
20.071,51*
14. W 9 ,2 “5

278,73V*
279,2 0
18*1,473

8,487.319
450.000
66,6uC
140,510
12,400
27,732
15,6*5
216.920
488900
113,000

•AMI
7,080
16,700
1 3 ^ 72
12.078
180,885
336 ,40 )
154,000

5,637,733
5,9*5.001
5,432.254

275,190
318,317
3 1 9 ,8 4 8

Barley.

Bush.Mlbt Buth.’ASlbt Buth. )8 lbs Buth.56 lit
6*383
56,400
4 9 ,3 .4
11,000
4,400

3,913,030
4,292,65'2,070,46)1
3 0.8?2.*93
24.963,23:)
23.914.39*

8,000
11,90*3

3.122
1,600

760,712
1,702,962
1.564.296

100,519
7 »,7 8 l
54,041

2,997.935.247,708
7 ,8 2 6 .9 8 '

1,423,817
609,194
625.993

The receipts of flour and grain at the seaboard ports for the
week ended Sept. 26, 1896, follow:
N e w Y o r k ................ .

Flour,
bbl*.

Wheat.
bath.

I 4 * .8 l3

924,009
> **,026
313.10*1
117.162
£4V$H6
21.743
U 4 . '« 8

M o n t r e a l..................
3,l**0
7>94

N ew O r le a n s ......
T o t a l w e e k .... ..
W e e k t##5...............

504.125

buth.

Gift,
buth.

507.475
233.377
147.024
48 f.241
655.164
11.614
18.631

768.700
133,-75
1 .9 .5 3 3
52.348
2 * 6 .7 -3
l »,2'*4
3 0 .1 3 i

147.6**0
4.70*)
L 20 0
1,6*30

8.0*4,179 M 10.750
1,64*,8 t*)
031.137

155,0*0)
lO^KJO

C om ,

2 114.910
1.471.187

Btrley,
buth.

Rue.
buth.
4 18 .10 )
1.830
2,0O)
35,617
622
487,699
11.778

Ine total receipts at ports named in last table from Jan. 1
to Sept. 26 compare as follows for four years:
"tetip tt • / —

1696.
7,3*44.431

L695.
12.133,063

1894.
11,096,-2 5|

1893.
1 4.U 6.7 53

W b M t . . . . . . . . . . .h o a h . 45. 17.810
67 190,221
O a u . .................... , •* 60.133 i*J8
&, 196,943
B » r l « r ................. . •*
3.39-7.147
•
•
R f « - ......................

f8 J 0 5 .2 1 3
3 ). *>97.563
30,757.*>*2
1.6**8,462
8M b 9M

4 l.*W2.297

36 09*4.733
33 6 12 574
2. *12.549
282,171

73 444 670
4 0 .7 * 6 ,: 99
38.531.567
2 .. 61.078
924 937

171.339.109

94,923,321

114.688.324

156/137.951

f l o u r ....................

T o t a l g r a in .

The exports from the several seaboard ports for the week
•tiding Sept. 26, 1896, are shown in the annexed statement:
C om ,

Flour,
bbU.

331506
2-’ 6.<3J
0 00
•*54»49
654. *4 9
«*>l 5*J9
176.: I I
3d *.5 >5
3 74.84 »

59M l
11.100
..............
16.310
6 0. 43
14.2*3
..............
21.154
37.3*7

!P )u a f,

Mrports from—
0OW T o r t ............

bus*.

8 1 0 .* 4 1
70,359
B o s t o n .......................
O a ft v e s t o a .................... 136.708
P t ll a d e t p a ia . ............ IV**. 1 tl
B a lt i m o r e .................... 4 0 .5 * )
| fe * u r l M n i .............. 126.634
N o r fo lk
........................................
N « w * ........
............
M o n t r e a l...................... 817.143

bU»h.

so.ieo

Byt,
hutb.
180.601

P eat
b u t t..

0,000

24.505

•a do

;58'i

— The Providence Banking Go, has taken over the business
of Wilbour, Jackson & Co. The present caoital is $ 100,000
and will be increased from time to time a< may be necessary.
The board of directors is composed of some of the leading
men in Rhode Island. Gen. Arnold is President of the
First National Bank of Pawtucket, Col. Colt is Presidpnt of
the Industrial Trust Co. of Providence, is Director, Secretary
and Attorney in the U. S. Rubber Co. of New York; Mr.
Perry U President of the Globe National Bank and Vice-Presi
dent of the Union Trust Co., both of Providence, and was,
with Mr. Platt, receiver of the N. Y . & N. E. RR. C >.; Mr.
Sweet Iand is President of the Mechanics’ Savings Bink and
Vice-President of the Rumford Chemical Works; Mr. Vaughan
is Vice-President of the National Bank of North America of
Provid* nee, and Messrs. Wilbour and Jackson were the prin
cipals in the old firm. The Providence Banking Co. will
transact a general banking and commission business, dealing
in securitys, commercial paper, &c. See card in another
column.

City Railroad Securities—Brokers’ Quotations.
B id .
A t Ia n . A v e . , B ’ k l y n —
C o n . 5 s , g ., 1 9 3 1 . .A d k O
X m p t. 5 a, g ., 1 9 3 4 . . J«feJ
B le e k . St.<fe F u l . F . - 8 t k .
la t m o r t.. 7 a, 1 9 0 0 . J A J
B r o o k ly n R a p id T r a n s it.
B ’ w a y A 7 t h A v e . —S t o c k ,
l a t m o r t .,5 a , 1 9 0 4 . J A D
2 d m o r t . , 6 a, 1 9 1 4 . J A J
B ’ w a y l s t ,5 s ,g n a r .l0 2 4
2 d 5 a , l n t .a s r e n t ’ 1 .1 9 0 6
C o n s o l 5r^ 1 9 4 3 . . . J A D
B r o o k ly n C ity — S t o c k ....
C o n s o l. 5 a , 1 9 4 1 . . . J A J
B k I y n .C ro H S t’ n 5 a . l 9 0 3
B k r n . Q ’ n a C o . A S u b .l a t
B k ly n .C .A N ’ w t ’ w n — S tk
5 a, 1 9 3 9 .................................
C e n t r a l C T o a s t o w n —S t k .
l a t M .,0 a . 1 9 2 2 . . . M A N
O en. P k . N .A E . R i v . - S t k
C o n a o l. 7 a , 1 9 0 2 ... J A D
C o l u m b u s A 9 t h A v e . 5 a.
O h r ls t ’ p ’ r A l O t h 8 L — S t k .
l e t m o r t ., 1 8 9 8 . . . A A O

D. D . E . B . A B a t ’ y — S t k . 161
1 s t , g o l d , 5 a, 1 9 3 2 . J A D 110
82 h
S o r l p ...................................... #100
29
31
E ig h t h A v e n u e — S t o c k . . . 320
#106 1 0 8
S c r ip , 6 a, a 9 1 4 ................... 110
21
22
4 2d A O r . St- F e r . —S t o o b 300
190
52
198
4 2d S t. M a n . A 8 t*N . A v .
#104 Vi 1 0 5
l a t m o r t . 6a, 1 9 1 0 .M A S #110
#102 -----2 d m ort- I n co m e 6 a. J A J
1 1 2 V L e x . A v e . A P a v . F e r r y 5 a. 112
M e t r o p o lit a n T r a c t i o n . ..
#101 1 0 5
98
115
1 1 5 »* N in t h A v e n u e — S t o o k . . . 157
165
S e c o n d A v e n u e —S t o o k . . 150
109
106
l a t m o r t .,5 a ,1 9 0 9 .M A N
103
D e b e n t u r e 5a, 1 9 0 9 . J A J 101
95
S ix t h A v e n u e —S t o o k ___ 185
160
T h ir d A v e n u e — S t o c k . . . 157
#105
l a t m o r t ., 5 a, 1 9 3 7 . J A J 119
300
197
T w e n t y -T h i r d S t .— S t ’ k
100
#115
D e b . 5 a. 1 9 0 3 ...................
95
150
160
U n io n R t — S t o c k .............
108
l a t 5a, 1 9 4 2 ....................... . #100
1121*
W e a t c h e a t ’ r , l a t ,g u .,5 a . #101

3104 ^

in

150

102

112

101

335

1121*

320

58

115
60

!12&
99

107
103
1 95

160
1 1 9 1*
105*
105

102
102

I

$ And accrued Interest

x Ex-dividend.

Has Securities—Brokers’ Quotations.
G A S C O M P A N IE S .

B id .

B ’ klyTi U n io n G a s —8 t o o k .

90
105

O o n a n m e rs’ (J e r s e y C ity ).
99
J e r s e y C it y A H o b o k e n .. 1 80
M e t r o p o l it a n — B o n d s ......... 108
M u t u a l ( N . Y .......................... 2 1 5
N . f . A E a s t R l v . 1 s t 5 s ..

50

35
89

C o n s o l. 5 s .............

B id .

S A S C O M P A N IE S ,

A sk.
94

100
60

23,714

71.500
56.985

i

As*-.
16~

105>u
75

P e o p l e s ’ ( J e r s e y C i t y ) ___

B o n d s , 0 s , 1 8 f J ..................
S t . P a u l . . . : ..............................
B o n d s , 5 s .............. - ...............
S t a n d a r d p r e f ......................
225
C o m m o n ....................
100 »*
70

110

30
01

170
104
105
200
no
55
79
108
82
60
89

A§m
175

2Q6~
114

.

58
82
107
85

1

]

0i

8,140
N o t h . — P r ic e s a r e m o s t ly n o m in a l.

T o t a l w oo* .............1.680,411
d a m e t im e l « * 6 ...... 4 *1.4 4*

241.410
63.34#

156,315

17,140
32,617

B r h*' destination of these exports for the week and since
September 1, 1896, is as below. We add the totals for the
corresponding periods o f last year for comparison:
------------ Ft c u r . -----------> ----------- IP heat.----------- ------------- C o m . ----------Wttk
S in ce S ept.
Since Sevt.
fVttk
3in<t Seat
Sept. 26.
1, 1806.
Sept. 26.
1. 1806.
Sept. 26.
o u tn .
b uth.
buth.
bu th .
%£:'■

B roortt for
With 4*vi tin

U n ited K in g d o m l5 * /c 2 0
C o n tin e n t ..........
17 6* <
S. • C. A m e r t c a .
SL S '3
W * * t Indie**. . .
1 8 .U U
B rit. S. A . C o*'a.
6.023
O t& e r o u n t r ie a ..
2,988
T ota l
T o t a l L 90 6 ..

....
....

234.031
t9 > .7 «#

7194**0
rtf.*17

l.* H 2 .l»
678.276

5JJ548
7.401

. . .. ...

1 ,0 1 1

aw

914.536

1.620,414
844,419

4.6 *9.865
1,941.7*6)
2.400

U 864.806
1.486.306
3.3MI
36.140
10.0 6
13,799
27,982

6.570,683
3,775,644

2,918 021
1.207.634

5.801.106
4.306.918
15.*>8
127.306
35,**25
66.7ft)

10,442.159
6.D*38.»6j|

The visible supply of grain, comprising the stocks
granary at the principal points o f accumulation at lake and
eaboard ports. Sept. 26, 1896, was as follows:
fVhtat,

In tto*t a t —
buth.
Bow Y o r k . . . . , .............. 8.769.000
Do
a flo a t ............
82 .U00
A l b a n y .................................................
B u f f a lo ............................. 2*321,000
Do
a f l o a t ..........
............
C k l « M O ............................ 18,549.090
Do
a f l o a t ..........
..............
M il w » a k e e ......................
409.000
Do
* f l o * t ................................
D u l a t k .............................. 4,940,000
Do
a f l o a t ................................
T o l e d o ................................
606,000
DO
AflOAt.......... .
............ ..
D e t r o i t ..............................
414.000
DO
AflOAt.................................
O e w e g o .............................
88,000
S t D o e le .......................... 8,406.'*00
83,000
Do
a 6 o a ( ............
C i n c i n n a t i .......................
1,000
B o s t o n ......................... .. 1.123.000
T o r o n t o . . . .......................
1*4.000
M o n t r e a t ..........................
468.000
r n U n d n iff fc u ..................
4 7 4 .0 0 0
P a O T U ........... ...................
194,000
I n fllA n n g p H i. . . . . . . . . .
2 0 *0 0 0
C A Q M A U l t f... . . . . . . . .
314,000
M l t l a o r t ...................... I.ooo.uOQ
M in n e a p o lis ................... ll.W M .n00
O n M ississ ip p i H ir e r .
J *,000
O n L a m p . . ..................... 2 ,2«r o o o
O n c a n a l A nd r i v e r . . .
SI6.U00
T ota l
T ota l
T ota l
T ota l
T ota l

S ep t. 24. I B iS . 4«,715,000
h« o ' . 19. ia * s
S apt. 9 1 .1 8 9 6 4o.7#H 000
8*ti>t. *9. 1 8 9 4 .7 1 , 1 •l.OOQ
S e p t. 3 0 , 1 « S 69,533.000

C om ,
D ill
8,746.000
86,000

Oate
buth.

R v,
buth.

Parity
buth.

373.000
58.000

66.000

SlO.OOO

1 .0 W - 0
86,000
•M OO
154,000

86.000

207,000

4,^-55,000

1.933,000

a r il o o o

i 81.000

114,000

’ 0*0 0 6

81.000

186.000

262,00*)

839.066

sb .o o o

887,000

70.000

9,000

13.000

3,000

21,000

18.000
280.000

50,000

27.000
739.000
79,000
16.000
20.000
1,146,000
11.000
36* ,009
1.863.ta 0
83,000

228.000
6,000
1**8,000
3 05 .u «»
M.ooo
........................................
80.000
6.000
73.UOO
406.000
174,000
6.000
68,000
1.191.000
293.000
906,000
823,000
8,961.000
8.4W).*>00
3.725,000
8 .234.000
3,<*)3,000

1,967,000
14*63,000
567,00*)
3*6.000
135.000

By Messrs. Btarnett & Co.:
5 Shire a The Soil wake Seed Co.............. .................. ....................... 1
$7,000 Linooln Street Ry. Co. 5 per oeut bonds................................$500

By Messrs. Adrian H. Muller & Son
Shares.
8,475 Dade Coal Co.......
1.975 Castle Rock Coal
Co., of Georgia..
1.975 Walker I. A C Co.
575 Chattan’ga I’n Co.
1.975 Qa. Iron A C’ l Co.
475 Barlow Iron A
Manganese C o...

Shares.
German-American Bank..107
Broadway Ian. Co.............108
Nassau Tr. <lo. of B'klyn.128
Home Ins. Co.................... 156%
Wagoer Palaoe Car Co — 143
Bond8.
$2,000 Lek. A Wilkesb. Coal
Co. con. 7s, 1900. M,J,SAD.1O280

25
26
20
$ 10,000 30
54

H anking

and

Jftoancial.

Spencer Trask & Co.,
BANKERS,
2 7 & 2 9 P IN E S T R E E T ,
65 Stale Street, Albany.

INVESTMENT

......................................
245,000
19,000

13.218.000
18,621.000
5.451.*X »
4 ,3 *5,000
8.O71.0CO

Auction Sales.—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.

61,000

10.000
305.000
82,000
8,000
393.000

1,000

I Andacorned interest.

SECURITIES.

S amuel D. D avis & Co.,
BANKERS,

25.000
26.000

NO. 36 W A L L S T ., N E W Y O K K .
S am uel D. D a v is .

Chas . B. V an N ostrand .

m o n o s Barclay Moffat.
207.000
808.000

M

1.914.000

2.265.000
920.000

o

f

f

a

A lexander M. W hite, J »
t

&

W

h

i t e

,

B ANKERS,

1.510.000

l,:W,O.0

NEW YO R K .

30 P I N E

ST R E E T ,
INVESTMENT

NEW
SECURITIES.

YOIIK|

THE CHRONICLE.

588

1-16 discount, selling par ; Charleston, buying % discount,
selling p a r ; New Orleans, bank, par ; commercial, $2 00 dis ■
cou n t; Chicago, 65c. per $1,000 discount; St. Louis, 30c.@
50o. per .$1,000 premium.
Posted rates of leading bankers follow:

%}xt |p m tk je rs r (£ a ? c tte .
D I V I D E N D S .

Name o f Company.

: Per
1 Cent.

Tfften
Payable.

H a ll r o a d * (S te a m ).

Cin. Ham. & Day. nf.,A. &B.fqr )
Cleve. Loraia & Wheeliug p re f...
Daytoo «&Mich, com., guar........
do
do pref., guar, (qr.)
Vermont & Mass., (guar.)............
Street K a il w ays.
Market St. By.. 8an Frau, (quar.)
B an k s.
Gallatin National ------. . . . .. . ..
do
do (extra)...........
N. Y. Produce Exchange............
T ru st Com panies.
Atlantic (quar.)...........................
Long Island L & T., B’klyn (qr.)
People’s Brooklyn (quar.). __
m is c e lla n e o u s .

Ameiican Tobacco pref. (quar.).
N. Y & N. J. Telep. (quar.)........
Rhode I. Perk. Horseshoe pf.(qr.)

1
1
134

3

Oct.
Oct.
Oct.
Oct.
Oct.

60c.

Oot.

2

Books closed,
(Day8 inclusive.)

Oct. 2.

6 Sept. 23

to Oct. 6
11 to Oct. 21
1? Sept. 23 to Oct. 6
------- t o ------------21 Oct.

6 Sept. 28 to Oct
6 Oct.

6

1 to Oet. 5
8 to Oct. 15

1
3

\ Oot
Oct.

2
2
2

Oct.
Oct.
Oct.

1 Sept. 29 to Oct. 1
IjSept. 2o to Sept. 30
1 Sept. 22 to Sept. 30

2

Nov.
Oct.
Oet.

2 Oot. 16 to Nov. 2
1 5 ---- --- t o ------------15 —-------- t o --------

1%
1%

15 Oot.

W A L L STREET. F R ID A Y , OCT.

1 8 9 6 - 5 P. M.

The Money Market and Financial Situation.— Business
in all financial departments is gradually assuming more nor
m al conditions. Last week we reported a better inquiry for
investment securities ; this week the sales'ot such securities
are more marked than at any time since July 1. This is due
chiefly to the fact that opposition to the revolutionary meas
ures in the Chicago platform is steadily gaining strength.
Further gratifying progress has been made this week in
the opening up of important manufacturing industries which
have been closed for a longer or shorter period. Prominent
among these is the watch factory at W aterbury, Conn., and
the Amoskeag mills at Manchester, N. H ., the latter employ
ing about 6,000 hands.
The grain markets continue strong and wheat has ad
vanced to the highest point it has reached since the summer
of 1895. Notwithstanding this the demand for export con.
tinues and the engagements of both wheat and corn for
shipment have been large.
There has been a better demand for foreign exchange,
stimulated by an easier money market and the maturing of
sterling loans. The supply of commercial bills is more lim 
ited than for several weeks past and rates have advanced to
above the gold-importing point.
The money market has grown easier this week especially
for time loans. The flow of currency to the interior is de
creasing and commercial paper is more freely taken by out
side banks.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 6 per
cent. To-day’s rates on call were 4 to 5 per cent. Prime
commercial paper is quoted at 6 % to 7 % Per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £769,027, and the percent
age of reserve to liabilities was 52'14, against 55'45 last
w e e k ; the discount rate remains unchanged at 3 per
cent. The Bank of France shows a decrease of 18,844,000
francs in gold and 1,422,000 francs in silver.
The New York City Clearing-House banks in their statement
of Sept. 26 showed an increase in the reserve held of $4,359,800
and a surplus over the required reserve of $14,216,025, against
$10,454,375 the previous week.

Capital................
Surplus...............
Loans <fc disc’nts.
Circulation........
Net deposits.......
Specie..................
Legal tenders___
Reserve held......
Legal reserve___

1896.
Sept. 26.

D iffered strom
Prev. week.

$
60,622,700
73,015,600
450,541,100
19.7(9,100
448,368,700
54,330,900
71,977,300
126,308,200
112,092,175

$

fV oL . L x i n ,

1895.
1894
Sept. 28.
Sept. 29.
$
$
62,622,700 61,622,700
71.542,100 71,041,900
511,376,200 497,561,000
14,102.000 10,>-03,800
549,136 500 586.633,500
61,677,500 92,010,500
97,902,800 115,139,700
159,580,300 207.450,200
137,2*4,125 146,658,375

Deo 1,348,200
In c. 4 8^,000
Inc.2,392,600
I dc . 895,600
In c.3,464,200
In e.4,359,800
Ino. 598,150
—
Surplus reserve 14,216.025 In e.3,761,650 22,296,1751 60,791,825

Foreign Exchange.— There has been an advance in rates
for foreign exchange, owing to an increased demand from
merchandise importers and a decrease in the supply of bills.
To-day’s actual rates of exchange were as follows: Bankers
sixty days’ sterling, 4 83% @ 4 8 3 % ; demand, 4 85 % @ 4 85% ;
cables, 4 85% @ 4 86.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day; Savannah, buying

Sixty Day8.

Demand.

Prime bankers’ sterling bills on London.. 4 >-3 ®4 84 4 85%®4 86%
M m e commercial...................................... 4 87V®4 83
Documentary commercial......................... 4 81%®4 82%
5 2' 5S-519'5,. 5 181]6®518i8
3913,,. ® 397g IOB r ® 40%
Frankfort or Bremen (reiclimarks) biters 940a ®94>l,B 9 io ,« ® 9538

United States Bonds.—Sales of Government bonds at the
Board include $90,000 4s, coup., 1925, at 116% to 117%;
$24,0004s, coup., 1907, at 107% to 1 0 8 % ,and $14,000 5s, coup.,
at 111% to 111%. The following are closing quotations :
Interest Sept.
Periods 26.

Sept.
28.

Sept.
29.

Sept.
30.

Oct.
1.

Oct.
2.

28, •■■■■,
-reg. Q.-Moh. * 93 * 93 * 93 * 93 * 93 * 93
4a, 1 9 0 ?............ rev. Q.-Jan. *107 * 107*4 *107*5 -107*5 *107% *107%
Is, 1907..........oonp. Q.-Jan. *103 * lO m *108% * 108 *5 xl07$£ I077a
4s, 1925............ reg. Q.-Feb. * 116 78 *117 ‘ 117% *117 *117^ *116%
48, 1925......... coup. Q.-Feb. 117 *117
117
1175*8 117
11615
%m m nu%
5a, 1904.............reg. Q,- Feb. *111 *111 *11‘ *4
5r, 1 9 0 4...,. .coup. Q.-Feb. *111
llllf l 111% m i % * m % Ul*fl
6s. aur’Gy,’ 9 7 .. .res. J. & J. *100 *100^ *10015*100 « *100% *10015
6s, oar’cy,’98...reg. J. & J. *103 *103 *102% *102% *102% *102%
6s, our’oy,’ 99...reg. J. & 3. *10413 *104i« *101 *104 *104 *104
4s, (Cher.(1896. res. March. *100 *100 *100 *100 *100 *100
4s, (Cher.)1897.reg. Maroh. *100 *100 *100 *100 *100 *100
4s, (Cher.)1898.reg. March. *100 *100 *100 *100 *100 *100
4s, (Cher.)l 899.reg. March. *100 *100 *100 *100 *100 *100
•■This Is the price bid at the morning board, no sale was made.

United States Sub-Treasury.—The following table s t o w ,
receipts and payments at the Sub-Treasury.
Vale.

Receipts.

Payments.

Coin.

$
1,736,200
5,311,946
2,413,120
1,643,469
3,468,064
4,011,352

$
1,692,301
2,798,263
2,074,845
2,124 255
2,208,015
5,751,156

$
127,246,183
128,8 '9,842
128,85 ',945
128.6< 0,257
129,648,834
130,233,181

Total 18,584,151

16,649,335

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

Sept.26
» 28
“ 29
“ 30
Oct. 1
“
2

Balance8.
Coin Oerfs.
$
1,185.569
1,3 2,89 i
1,287, “ 50
1.13 *,756
1.13 5.924
1,209,945

Currency.
*
59,629 371
59,312,071
5 *,773,086
59.693,282
59,907,5 "9
57,509,415

Coins.— Folio wing are current quotations in gold for coins :
Fine silver bars... — 66 ® — 667s
Sovereigns...........$4 86 ®$4 89
Five fra n cs .____ — 93 ® — 95%
Napoleons........... 3 85 ® 3 90
Mexloan dollars.. — 50% ® — 52
X X Keichmarks. 4 70 ® 4 80
Do uncom’ eial.. — . . . . ® — . . . .
25 Pesetas........... 4 77 ® 4 81
Peruvian sols...... — 16 %® — 47
8 pan. Doubloons.15 55 ®15 75
English silver .. . 4 80 ® 1 to
Mex. Doubloons.15 50 ®15 75
Fine gold bars... par ®% prem U. 8. trade dollars — 65 ® — 75

State and Railroad Bonds.— No sales of State bonds have
been reported at the Board this week.
In the railway bond market there is a decided increase in
the volume of business and a general advance in prices is
noted. The latter feature is most marked in the Reading
issues, which have been in special demand. Tiny have ad
vanced from about 1 to 4 % per cent, and large blocks of them
have been bought on the advance. Ih e Atchisons have also
been conspicuous. In addition to these the active li-t in
cludes the Union Pacific, Northern Pacific, Ore. Short Line,
Ore. S. L. & Utah Northern, Chic. & East. Illinois, Burling
ton & Quincy, Chic. & No. Pacific, Wisconsin Central, Rio
Grande Western, San A . & A . Pass, Texas & Pacific, Mo.
Kan. & Texas, Chic. & Erie, W abash, Louisville N. A . &
Chic., Louisville & Nashville. Col. H. V . & Toledo. New York
Ont. & W e st., Ches. & Ohio, Southern Ry. and W est Shore
bonds, many of which have made an encouraging advance in
quotations, amounting in some cases to 3 per cent.
Railroad and Miscellaneous Stocks.— W h ile there has
been some irregularity in the market for stocks, the net
changes of the week are generally to a higher level. A l
though recent reports o f railway earnings show in many
cases a considerable decrease in traffic, and the foreign ex
change market rates have advanced, these depressing in
fluences have been fully offset by the evidences of reviving
business and other favorable features referred to above. Of
the active railway stocks Reading has been most conspicu
ous. There has been a constant demand for the shares as
well as the bonds since the foreclosure sale and the shares
have advanced from 18 to 20% within the week. On a better
demand for Louis. & Nash, it advanced 2 points. St. Paul
sold ex-dividend on Tuesday and Rock Island on Thursday;
in each case the amount was soon recovered. Central of
New Jersey has been strong, closing at a net gain of 1 per
cent. Manhattan Elevated advanced 2 % per cent to-day, a
legitimate reason for which is not apparent. Other changes
in the active list are fractional.
W ith two or three exceptions the industrial list has been
unusually steady.
American Tobacco had lost 3 % on
Wednesday, when it sold at 60%. lh ere is renewed activity
in Pacific Mail and it advanced over 2 points. The fluctuations in American Sugar have been within a narrow range.

THE

October 3, 1890.]

CH R O N ICLE.

589

NEW YORK STOCK EXCHANGE—A C T IV E STOCKS f o r loeeh ending OCT. 3 , and since JAN. 1, 1 8 9 6 .
HIGHEST AND LOWEST PRICES.
Monday,
Sept. 28.

Tuesday
Sept. 29

Wednesday, j Thursday,
I Sept. 30. j Oct. X.

Friday,
Oct. 2.

STOCKS.

Sales of
Range for year 1896.
the [ On basis o f zoo-share lots. ]
Week,
Shares.
Lowest.
Highest.

A ctive R R , Stocks.
1330 14 At.Top. 4&S.Fe, aUinstal. paid 31,077 8*4 Aug.
13 i 12% 13% 13% 13% 13*4 14
17% Feb. 24
19% 20 ! 19% 20% 20% 2 0 % 20*8 21^8 205s 21*8
Do
pref. 27,949 14*8 Aug.
28% Feb 24
'%
*8
39
**4
%
*%
3q Atlantio «fePacific............
%
’%
%
*%
V June 10
% Feb. 6
14 | §14*8 14*8 Baltimore & Ohio............
*13
14
14
14
-13% 14
14% Id's 14
605 10*9 Sept. 2 44 Jam 27
20*q 20*8 Brooklyn Rapid Transit...
21% 22 i §20% 20% •2 0 % 22
*20*9 22
•21
22
723 18 Aug. 10 25% Apr. 23
57% 57V 57*9 57*9 57% 573* Canadian Pacitlc.............
............. *58 59 57 57
710 52 Jan. 4 62% May 27
*46*9 47
46*9 463* Canada Southern.............
46% 46% 46% 46% 45
46% §46% •47
848 40 V Aug. 7 51% Feb. 10
103% 103% 103 103% 102% 101% 103% 104*4 103% 103% 103% 1033& Central of New Jersey......
2,578 87*9 Aug. 10 109% Apr. 23
*14% 15*4 *14*4 15
15
-14
15
•14
15
•14
*14*9 15*8 Central Paciflo..................
13*8 Aug. 22 15% Feb. 15
15% 15% 15% 15% 15% 15% 15% 1530 15
4,179 11 Aug. 8 18% Apr. 23
15*4 1538 15*8 Chesapeake ifc Ohio..........
•156 160 T56 160 §157 157 T55 160 155 160 *156 160 Chicago & Alton...................
1 155 Apr. 2 155 Apr. 2
70% 71 j 69 V 7078 69
70
70% 68% 70% 68% 71
70°s Chicago Burlington & Quinoy 118,629 53 Aug. 7 82% Apr. 24
*39*9 ....... Chicago & Eastern Illinois...
*39*9
•39 ........ *39 ........I *39 ........ •39
37*2 Aug. 10 43 Jan. 18
94** *89
94*' *89
•89
•90
•39
94
95
*89
94
94
Do
pref.
90 Aug. 11 100% Mar. 5
71% 72*4 71*9 723s 71*4 72 *8 Chicago Milwaukee &St. Paul 186,640 59 V Aug. 10 79% June 17
72% 73% 72% 73% x70% 72
126 126*9 ' 125 126% *125 126*4
129% 129% xl26 126
556 117*9 Aug. 7 130% Mar. 2
$130 130
Do
pref.
5,187 85*6 Aug. 10 106% Apr. 23
99% 99% 99
99% 99% 99% 99% 09% 93% 99%, 99
99*4 Chicago & Northwestern......
•140 145
........I , Do
pref.
140 V Aug. 28 150 June 30
62% 63
61% 63% 62% 63%: 62% 62% 61% 62*a Chicago Rock Island & Paciflo 34,514 49*4 Aug. 7 74% Feb. 24
61-% 63
38% 38% 38% 38%: 38% 39 Chicago St. Paul Minn. & Oin. 1,340 30*9 Aug. 8 45% Apr. 27
•38
39 | 38*4 38% 38% 39
120 120
240 117 Jan. 7 125% July 3
•115 120
117 120 •117 120 *117 121 *118 122
Do
pref.
28
27
27% 26% 27*9 $26% 27%! 26% 27% '26% 27
27*4 Cleve. Cincin. Chic. & St. L... 3,850 19 V Aug. 8 39% Feb. 10
20 73 Aug. 7 90% Feb. 20
75
75
Do
pref.
15% 16% 16% 16% Columbus Hooking Val. &Tol 4,85<> 12*9 Aug. 10 18% Jan. 23
15
15*9 15% 15% 15% 15% 15% 16
•50 60
•50
60
*50
25 50 June 22 60 July 22
60 | $55
55
*51
60
•50 60
Do
pref.1
1,328 114*9 Aug. 10 129% Feb. 11
124% 124% Delaware & Hudson.............
124*9 124*9 124% 124% 124% 124% 124% 124% 124 124
600 138 Aug. 10 166 June 5
154 160 '154 160 Delaware LackawannaA West
*153 160
153% 153% 153% 153% T54 160
12
•11
•11 %
•11% 11% •11% 12% •11% 12% *1 1 % 12 % Denver & Rio Grande......
10 Aug. 25 14 Feb. 4
1,100 37 Aug. 7 51 Feb. 24
Do
pref.
*42*9 43% 43% 43% 42% 43 | 43% 43%: 43% 43%| 43% 43 %l
9,090 10*4 Aug. 7 15*8 Mar. 12
§13% 13% 13% 14% 14
14% 14% 14%; 13% 14%! 14% 14% Erie___ _______ ■ ...........
1,019 27 July 29 41% Mar. 17
32
•30
30% 31% •30 ........ •31% 32
Do
1st pref
31% 31%| 3‘2V 32V
955 13 Aug. 6 25 Mar. 16
Do
2d pref.
19 ! 19V 19V
18*9 18% 18% 18%
$18% 13% 19
100 24 Aug. 15 34% Feb. 24
*26
28 EvanaviUe & Terre Haute___
28 j •26
28
28
•26
28 I *20
•26
28
•26
'117
125
(Great
Northern,
pref.
*118 125 1117 125
117 125 '119 125
117 125
108*4 Mar. 13 121 May 7
400 84*8 Aug. 11 98 Jan. SI
*91
92V Illinois Central.........
92
•90% 92% §92
91*9 91*9 91% 91% $90% 92
900 5*9 Aug. 13 10% Feb. 7
7 *« Iowa Central.
7%
*7*9 8
7
7% 7%
7% 7%
4 7*« •7
28
27% *27
28
27
27
* Dopref. 300 19 Aug. 7 38 Apr. 28
27
28
28% ‘ 27
•27
27
*15
300 12*8 Aug. 10 22% Feb. 5
15
15 Hake Erie & Western.............
•16
•15
18 | 16
16% •154 17
66*8 " 66%
67 1
Dopref. 479 55*9 Aug. 8 75 Feb. 7
66
”00" 6 6 % 6 6 % •65 67 §66 66 *65
1,624
146% 146% 147 147
146 147
134 V Jan. 7 154% June 17
147 147 §14641474 145 14-') V Lake Shore A Mloh.Southern.
20 68 July 29 84 Jan. 7
*66
§6 ^V05 V
Island...................
70 , *66
•66
•66 70
70
70
70
*66
41% 43% 41% 42% 41% 43% 43*8 44*8! 434 43 V 42 V 43V Louisville A Nashville........... 69,105 37*8 Aug. 26 55*8 Feb. 24
•1% 2%
•1*8 2% •1% 2
•IV 2 Louis v. New Albany A Chic.. 1,350 1 Aug. 26 10% Feb. 18
14 2
IV I V
•5
*5
*5
6
Dopref. 500 4 Aug. 26 24% Feb. 13
6
6 I 5\ 6
8 ; 5% 5% •5
50,665 73*4 Aug. 13 113% Feb. 11
80% 88 % 8 8 % 36% 89% 883s 89»* 884 893ft 887a 91V Manhattan Elevated,consol
98 ( 97% 98% 99
93
1,575 79*4 Aug. 10 109% May 25
97V 98 V Metropolitan Traction...... .
99% X97\ 974 973ft 98
57 89 Aug. 28 97% Feb. 11
§89% 89% •90
§89V 89V Michigan Central............. .....
90
92
§92
9
•90
92
92
•15*9 18
190 1 L Aug. 21 21% Feb. 21
17
17 Minneapolis A St./<ouis.........
16
•15% 18
§16
•15
Id
§16
17
*70
75
§70 70
Do
lot pref. 115 54 Aug. 8 83 Feb. 21
72
$70% 70% §70
•88
•68
75
70
•40
•42
44 44
Do
2dpref. 205 30 Aug. 10 53% Apr. 22
47
f40
47
43
*41
47
43
445 9*4 Aug. 6 13% Feb. 21
11
11
11 I 1 0 % 11
114 11 11 Missouri Kans«o A Texas
l i 4 *11
>1
5,010 16 July 20 31% Feb. 25
24
24% 21
24V
Dopref.
24% 23% 24% 244 243ft 244 243ft 23V
14,520 15 Aug. 7 29% Apr. 24
2 0 % 21%
20% 21% 20% 21 % 21
2 1 4 ’ 203ft 214 20*4 2 IV Missouri Paciflo.
320 14 Aug. 10 25 Jan. 11
•17
20 1Mobile A Ohio...__________
§17
•18
20
•18
20
17% 18% *17
19
17
14 §70 Oct. 2 §70 Oot. 2
§70
70 Nashv.ChattanoogaASt.Louis
................. New England.........................
§20 Aug. 14 51% Jan. 28
-I
.
813 88 Aug. 6 99% Feb. 10
93
93
92% 93
92
•914 92*a New York Central A Hudson.
§934 934 914 92% 92
100 9 Aug. 11 15 Jan. 22
12 New YorkChloago A St. Louis
•11
124 *104 124 114 114 •114 12 ! •114 124 *10
*70 ........I
•70
67*9 July 28 80 Jan. 22
75 i •70
*70 ........1 •70
75
•70
Do
1st pref.
28
27V
Do
2dpref. 300 20 Aug. 10 35*8 Apr. 13
28 j •274 28 ; •27 *2**4 •27 2S4 274 274 •25
160 July 23 186 Feb. 10
•168 172 ‘ 168 172 ‘ 168 172
168 171 *168 172 -168 172 NewYorkNew Haven A Hart.
144 14
134 133ft 13% 13V 134 144 14
14 4 144 14*4 New YorkOntario A Western. 4,250 11*8 Aug. 10 15% Jan. 31
8 New York Susq. A West., new. 1,530 6 Aug. 11 11% Jan 31
8%;
8 4 84
84 84
84 8 4 §8
84
84
84
2,185 12 Aug. 8 31% Feb. 6
23
23 I 22 4 23 4 22% 23 j 23
224 22 V
Doprer.
23
234 23
420
t*6 Apr. 29 9% Sept. 29
•94 9%
11 (Norf.A Western,all lnstaL pd.
*• *9
10
9% 9% §94 94 §104 104 *10
•134 14
16
Do pref.,tr.otfs.all ius.pd. 1,300 t4*8 May 8 16 Oot. 2
•144 15 j •13V 14% 14V 14V 14% 15 4 16
f *4 May 23 14*8 Sept. 30
144 14
134 134' 13
134 134 134 14
144 137a 14 Nor. Pao., all iustalin’t paid. 5.540
Do pref.,all iustal. paid. 9,207 110 Apr. 16 22% Oot. 1
21% 224 21% 22
214, 214 214 21
214| 214 22
200 tlO
Feb. 18 22 Apr. 14
23 Or.Ry A Nav.Co. rec. asst. pd.
•17
•14
20 i •14
24
20 | 18
25 I •18
18 | *20
200 ♦3*8 Apr. 14 16 Sept. 25
*14
16 Or.8. L.A U.Nor.rec.allins. pd
15
15
15 *
15
164 •14
164 13
21 Phila. A Reading 3d lust. pd. 123,941 ♦2VJao. 7 2 1 Oct. 2
17V 184 17V 184 174 194 194 20 ! *194 20% 20
12% 12 V Pittsburg Cinn. Chic. A St. L. 3,805 11 Aug. 7 18% Feb. 7
13
12 I 12
12 ! 13
12
134 13
134; 13
200 40*8 Aug. 12 59 Feb. 27
48 j
Do
pref.
44
44
•42
46
•44
474 •45
474 *41
•424 47
17 Jam 15 20% Jan. 31
15 1
15 ’....... 15 Pittsburg A Western, pref__
15 H
16 ' ____ 15 *
16 Feb. 8 18% Feb. 10
................. Rio Grande Western
108 Sept. 15 118 Jan. 3
111 ........Koine Watertown A Ogdens b.
112 • I l l
•1 10
•110
113 ' 111 113% •111 113
53 Aug. 14 60% Jan. 8
58 |St. Louis Alt. A T. H.,tr.reots|
•30
59
59
•56
*56
59
•S0
39 , *56
*50
485 2V Aug. 10 5 % Feb. 7
3V 3% St. Louis South western......... I
3% 3V, $4% 4% *3% 4
*34 3V §3% 3%
9 V 9*4
Do
pref.1 1,025 6*« Aug. 7 13 Feb. 26
8%
9
9%
•8% 9
9
9
9% 9V
100 15 Sept. 16 27% Feb. 24
*20 ........St. Paul A Duluth....................
•19
•17 ........ •19
194 194 •17
§84 Sept. 10 91 Feb. 10
Do
pref.
•77
87
•7**1 •77
•77 ’ 79'V ........ 87 ['
*87" ...... 87
500 103 Aug. 11 115 Jan. 11
1 1 0 4 1104 1114 112 1110 112 1110 111%' iio “ 112
110 112 St. Paul Minn. A Manitoba...
800
15 Sept. 29 22% Jan. 14
15
V
15*«
Southern
Paciflo
Oo...............
•15
16
•15
16
15%
15
10V
18
13%
13 i
8*9 8V Southern,voting trust, oertlf. 9,524 6*9 Aug. 7 11 Feb. 6
8V 84
8V 9
8V 8%
8V 8%
8%
8%
33% Feb. 25
23V 24 4 23V 24 V 23
24V 24% 24V 24V 24% 24 V 25*4 Do pref., voting trust, cert. 23,730 15*9 Aug.
9% Feb. 25
2,300 5 Aug.
7
7
7
74
8
7% 7%
7V 7V
8 I 7*9 7V Texas A Paciflo......................
35 May 6
32
Juue
*20
35
Toledo
A
Ohio
Central...........
'20
35 I •20
35
•20
•20
35
•80
15
35 1
75
Apr. 0
75 Apr.
•50
75 !
Do
pref.
75 ! •50
75
*60
75
•30
•50 75
75 | *50
10 Apr. 21
6V 7 Union Paciflo trust receipts.. 16,120 3*9 Jam
7
74
0% 7%
6V 74
6V 7%
0% 7%!
5%
Feb. 13
450; 1*8 Aug. 29
IV X% Union Paciflo Denver A Gulf.
1% 1%
•1% 2 ; •IV 2 | 1% 1%
IV IV
6
6
6*8 6*4 Wabash......... . .................... 2,265] 4*9 Aug. 7 7% Feb. 24
6
0%
0%
6% 6%
0 i *0% 0 %
19%
Feb.
24
15
15*9
Do
pref. 8,080* 11 Aug. 7
15V 14%
15
15V 15% 15% 15V 15% 15
57s 6 *4 Wheeling A Lake Erie........... 21,513 5*4 Aug. 27 13% Feb. 14
6
6
6
3% 0%
5% 0%
«%
40%
Feb.
13
20V
Aug.
8
1,750
27*8 28*9
Do
pref.
*344 25*3 254 87
26% 27% •20
•26% 29
28
IV Aug. 21 4% Feb. 24
•1*9....... Wise. Oen.Co., voting tr. ctfs.
•14 3
•14 3 I *1%
•1%
Jllscella n oou * Stocks.
19 Jan. 27
665 8 July
13 V 13 V American Cotton Oil Co.......
*134 14
13 : •13
14% 13
14
134 13% 13
69 Feb. 11
475 37 Alls.
50 |
Do
pref.
48
49
§494 494 48
49 ' 48% 48% $19% 49% *48
6% Sept. 25
4%
Aug.
1,018
§5V
6
;
American
Spirits
Mfg.
Co—
6
6 4 64
5%
0%
, 5% 5% S5V 6
"
21 Aug. 14
15%
Sept.
238
§15*4 15*4
Do
pref.
17
§164 174 17
16
§16% 10%' 518% 17 i $18
Apr. 21
126%
95
Aug.
184,778
110V
11
l
7
s
American
Sugar
RetinlngCo.
112 113 V 110% 112
111% 112 % 110%
112%
m m
- * io v 112 %:
105% June 12
910 92% Aug.
Do
pref.
§1004 100% 9 ) % IOO 1 100 IOO i 100 - 100 1 §99% 99%; 100 100 i
Apr. 2
95
51
Aug.
35,020
64
65 j 62% 64
61*4
62*9
American
Tobacco
Co..........
60%
61V
60V
62
01% 61%
103 Feb. 13
55 95 Aug.
*95
98
90
97 I
Do
pref.
*95
98
‘ 93
98 j •95 98
*96
98
May
4
70%
44*8
Aug.
17,498
01*9
02V
Chicago
Gas
Co.,
oerts.
of
dep.
62% 034! 024 63% 02% 63
61% 62V 61V 62%'
164% Apr. 29
1,611 133 Aug.
147 147 | 1474 147% 147% 148% 149% 149% §148% 148% 148*9 148*9 Consolidated Gas Company..
Mnr. 13
39%
20
J
uly
10,229
28% 29 V 28*0 28% 28% 29
28*8
29*8
General
Electrio
Co...............
28% 28% 28V 28%
28*8 Apr. 21
710 16 Aug.
21V 22 *4!National Lead Co..................
3*4 22-4 J2 J 23
•21
23
•21% 23
21% 22
92 May 4
105 75 Aug.
•82
*8 4 86 I •84
86
*84*4 80*4
Do
pref.
88% •84% 88% $85
80
6% Feb. 24
3%
Aug.
5,620
4% 4%| 4% 5 | 5
*§V A 7*
3%
5
fl%! * IV 5*4 North Amerioan Co...............
31 Feb. 10
19V 19%
20V 21V Pacific Mall.......................... 5,750 15% Aug.
19% 19% 21 I 20% 20% 20% 22
19
•117
•110
117%
117% ....... *118%......... 117*9....... jPipe Line Certificates............
164 Feb. 11
145 145
148 148 *9 Pullman Palace Car Company 2,130 138 Aug.
140 M0 " 147 147
148% 149
148% 149
70 Feb. 24
64% Sept.
66
•65% 68
66
06% 66% •65% 66% *65% 66V1 *65V 66*4 Silver Bullion Certificates.... 48,000
34% Feb. 10
13
Juy
17,510
22*4
23
iTennessee
Coal
Iron
A
RR...
33
22
%
23% 22%
234 224 23V
■ " 23%
'*
22% 23%i
6% Feb. 7
3%
Aug.
1,905
4*9 4*9 U.S.Cord.Co.,tr.rec.all lns.pd.
4% 4V
4% 5
4% 4%
4% *Ti |4% 4%,
12 % Feb. 7
735 6% Aug.
*8 V 9*9
Pref., tr. rec. all ins. pd.
*94 10
8% 9
§9 4 ?«* *8% 9%; ‘ 8% 9%
5%
July
1
1 % Feb. 8
5.440
8 *4 8V United States Leather Co......
9
9
h
9%
•8% 9%
9% •9
8% 9
69% Feb. 14
Aug.
6 14 09% 56% 59% 58% 60
Do
pref. 23,794 41%
58 4 60
58% 55 V 58V
58
29
Jan. 13
14%
Aug.
228
•17
18
17V 17% *17
•18% 17 | §1«V 16V United 8tates Rubber Co.-...
17
17
17
89 Jan. 15
100 69% Aug.
•70
72 I
Do
pref.
'70
73
*70
71 , ‘ 70
72
*70
72 I •70 72
Apr. 22
87%
72%
Aug.
6,163
84
«47 8.3V 81 % 83% 94%' 83% »4%! 83% 84%' 83V 84V Western Union Telegraph....
•lbeee are bid and asked; no tale made. $ i»M (ban 100 enare# 1 Before payment of any instalment.
12% 13
19% 20

12%

590

THE

C H R O N IC L E ,

NE»Y YORK STOCK EXCKVXUE; PRICES ( C'> u tinned \-WAOTIVE
Oct 2 .

I nactive Stocks.
$ Indicates unlisted.

Bid.

R a ilr o a d S to c k *.

170
7
20
3

.IOC
.lo t 100
-lot
.IOC
. 10 c 68

Ask.

R a n g e (sa les ) in
L o w e s t.

1896.

July 183*6 May
6*2 Aug. 11 *4 Feb.
17*« Aug. 29% Feb.
7 Feb.
7 Feb.
131*2 Jail.
102 May 102 May
10 Jan.
25 May
51 May

23
8
105
25

5 Aug. 10% June
4
5
.100
36 Aug. 54*2 May
. 5ti 160 167 155 Jan. 162 May
5 Aug.
•lo t
9*2 June
6
7
51 Apr. 60 June
45
60
.10 1
6 Jan.
4*2 5 % 3 3, July
-lot
12*2
50 Feb.
..50
39
.100
16 Feb.
13 Feb.
X39
35 Sept 43 Feb
.100
.100
8 Jan.
-100
5
6% May
8
.100
2 Jan.
3*4 Mar.
1*4 3
.lo t
12 July 18 Feb.
fcPreferrea.
10
13
.100
6% Aug. 12 Feb.
8^8 10
.100
2*6 Feb.
% May
°8 1%
. 50
150 Aug. 166% Feb.
.100
New Jersey & N. Y .
.100
.100
.109 62% 70
Norfolk A Southern.,
63*s Sept. 70 May
■***si
Ohio Southern..........
10
.100
1% June*
2
3% Feb.
2%
Peoria A Eastern.
4
6 June
5
3 J an.
:i8 i
181 Oct. 182 Feb.
.100
.1001
5 Feb.
___
*No price Friday; latest price this week.
X Actual sales.
Chicago Great Western.

STOCKS.

f%Indicates actual sales.)
2

Oct.

I nactive Stocks.
1TIndicates unlisted.

Highest.

170

[NTo l . L X IH .

Bid.

m is c e lla n e o u s S t o c k s .
Adams Express.......................... 100
American Bank Note Co ........
American Express..................... 100
Amer. Telegraph & Cable........ 100
Bay State Gas TI........................ 50
Brooklyn Union Gas.................. 100
Brunswick Company................. 100
Chic. June. Ry. & Stock Yards.100
Colorado Coal & Iron Devel.-.IOO
Colorado Fuel A Iron............... 100
Preferred.................................100
Columbus <fe Hocking Coal.......100
Commercial Cable............- ........100
Consol. Coal of Maryland........ 100
Detroit Gas................................. 50
Edison Elec. 111. of N. Y ........... 100
Edison Elec. 111. of B rooklyn..100
Erie Telegraph <fc Telephone ..100
Illinois Steel................................100
Interior Conduit & Ins..............10t>
Laclede Gas................................ 100
Preferred................ . ...............100
Maryland Coal, pref...................100
Miohigan-Peninsular Car C o.. .100
P referred ................................100
Minnesota Iron...........................100
National Linseed Oil Co............100
National Starch Mfg. Co...........100
New Central Coal........................100
Ontario Silver Mining............... 100
Oregon Improv’t Co. tr. reots..l00
Pennsylvania Coal.................... 50
Quicksilver Mining.................... 100
Preferred..................................100
Tennessee Coal & Iron, p ref... 100
Tex<$5 Pacific Land Trust........ 100
U. S. Cordage, guar., tr. certfs.100
U. S. Express....................... ....1 0 0
Wells, Fargo E xpress............... 100

R a n g e (s a le s ) i n

Ask,

1143*2
108
90
113*8
89

135
111

120

91
14*2
93
1*8

1
2038

145
32

35

194*

9514

15912 58%
144
47
J24i« 24%
80
*46" 60

1896.

H ig h e s t.

L o w e s t.

Aug 150% Apr

105 "A u g. 116 "M a y
78 Aug. 97 May
12 Aug. 33 May
75*2 Aug 95*2 June
*2 Feb.
1 Sept.
86 Aug. 96% Feb
% July
4*s Jan.
14*8 Aug. 34*4 Feb.
90 May 98 Feb.
38 July
438 Mar.
162*4 Apr. 162% Apr.
30 Mar. 32*8 May*
21*4 Aug. 33*2 June
89 .Tau. 100i« Ma>
96 Sept. 96 Sept.
58*2 Oct.
62*2 Jan.
33 Aug. 75 Apr,
35 Feb.
35 Feb.
17 July 30 Apr 8
86*4 Apr*
78 Feb.

59*s Feb. 60 Feb.
40 Aug. 72 Feb.
13 Aug. 21*4 June:
4% Jan.
6*2 Feb.
*4*2 778 5 Aug.
878 Feb.
8 Jau.
15 Mar.
4*4 Jan.
*4 June
% '" %
300
320 Apr. 340 Jun&
1% Apr.
2 Jan.
1** 3
14 June 14 June
15
55
115

57

11734 18
40
35
SO
90

5
12
35
80

Jan.
7 "F eb .
Aug. 24*8 Feb.
Aug. 48 Apr.
Aug. 101 Feb.

N EW YORK STOCK E XC H A N G E P R IC E S.— S T A T E BO N D S OCTO BER 2 .
SECURITIES. .

Bid.

SECURITIES.

Ask.

Bid.

Ask.

SECURITIES.

Bid.

Ask.

3 8 ..:...........' ......................... 1913

75

80

101
StClass C, 4 s............................ 1906
Arkansas—6s, fund,Hoi. 1899-1900
mi.-i a
do. Non-Holiord

Kew oonols. 4s___________ 1914

........
94%

96*4

New bonds, J & J ........ 1892-1898
95
6s...............................
. 1919 112
South Carolina—4%8, 20-40..1933 100
6s, non-fund..........................1888

IN ew Y ork City B ank Statement for the week ending
Sept. 26,1896. W e omit two ciphers (00) in all cases.
BASKS.
(00s omitted.)

Capital Surpl’s Loans. Specie.

Bank of New York. $2,000,0
Manhattan Co....... 2.050.0
2,000,0
Merchants’ ....... —
Mechanics’............. 2,000,0
America................ . 1.600.0
Pkenix................... 1,000,0
City........................ 1,000,0
750.0
Tradesmen’ s..........
300.0
Chemical .............
600.0
Merchants’ Exch’ge
Gallatin National... 1,000,0
300.0
Butchers ADrovers
400.0
Mechanics' <stTrad’s
200.0
Greenwich..............
600,0
Leather Mannfac’re
300.0
Seventh National..
State of New York.. 1,200,0
American Exchange 5.000.
Commerce............... 5.000.
Broadway.............. 1.000.
1,000,0
Mercantile..........
422,7
Pacific....................
Republio................. 1.500.0
450.0
Chatham................
200.0
People’s ............ ....
700.0
North a merica.......
Hanover................. 1,000,0
500.0
Irving.....................
600.0
Citizen’s .......... .
500.0
Nassau....................
750.0
Market A Fulton...
■hoe A Leather...... 1,000,0
Corn Exchange...... 1,000,0
Continental............ 1,000,0
300.0
Oriental ................
Importers&Traders’ 1.500.0
2,000,0
Park........... .
250.0
East River.............
Fourth National.... 3.200.0
Central National__ 2,000,0
300.0
Second National....
750.0
Ninth National......
500.0
First National.......
Third National....... 1,000,0
300.0
N.Y. Nat. Exchange
250.0
Bowery,
200.0
Newv Yo
York County..
750.0
German American..
500.0
Chase National......
100.0
Fifth Avenue.........
200,0
German Exchange..
200,0
Biermania— .........
500.0
United States.........
300.0
Lincoln...................
200.0
G a r fie ld ..........................
200,0
Fifth National.......
300.0
Bank of the Metrop.
200.0
West Side...... ........
500 0
Seaboard................
200,0
Sixth National.......
Western National.. 2.100.0
300.0
First Nat. Br’klyn..
Nat. Onion Bank,... 1,200,0
500.0
Liberty Nat. Bank.
N.Y. Prod. Exch’ge. 1,000,0
Total...............

$1,866,8 $11,300,0 $1,080,
2.083.4 13.686.0 1,800,
966.7 8.563.8 1,878,
2,148,9 8,101,0
651,
2.404.6 13.803.0 2,431,
346.0 3.863.0
108,
3.436.6 22,743,5 6,281,
93.0 2.239.1
132.6
7.409.0 22.455.0 3.038.3
174.3 4.013.9
636.7
1.678.8 6.062.4
260.9
204.3 1.435.9
130.5
313.0 2.050.0
145.0
962,1
176.4
130.3
526,9 2.705.0
180.8
113.4 1.526.0
227.2
625.2 3.031.2
44,6
2.493.4
0
23.419.0
857.0
0
21.349.0
3.525.2
407.2
5.247.5
1.582.5
0
744.9
937.1 7.032.3
410.8
483.8 2.416.4
332.5
889.6 8.994.0 1.752.4
966.7 5.469.5
521.6
262.3 1.822.5
203.2
583.0 4.746.8
913.8
2.005.3 14.332.7 3.989.0
335.8 2.855.0
2»4,7
385,u 2.576.2
265.1
282.9 2.517.8
163.2
818.4 5.043.7
489.9
92,9 2.854.0
334.2
1.199.5 7.710.8 1,028,2
221.2 4.172.7 395.5
397.2 1.798.5
127.2
5.508.2 19.152.0 2.965.0
3.145.6 23.535.7 3.277.6
139.0 1.172.3
102.4
1.964.2 17.075.2 1,843,3
210,0
441.1 7.792.0
657.6 4.577.0
788.0
338.4 2.814.4
257.6
7.230.9 20.241.3
453.9
239.4 6.683.3 1.392.7
127.2
75.0 1.311.4
588.6 2.732.0
396.0
509.1
424.1 2.765.0
222,0
275.0 2.740.7
1.421.7 13.620.3 1.312.7
1.136.0 0,728,1
847.8
605.7 2.430.0
224.3
666,6
2.770.3
494.7
589.4 4.732.7
910.9
5.610.4
011.8
608.7
689.3 3.579.0
748.0
309.2 1.712.4
168.9
696.4
808.3 4,885,2
313.3 2.140.0
2C6.0
268.1 6.007.0
831.0
340.4 1.701.0
135.0
227.8
356.7 11.273.3
005,2 5.134.0
515.1
769.2
539,0 8.495.9
45,3
200.9 1.917.4
583.4
341.7 3.136.4

60,022,7 73,015,0 450,541,1 54,330,9

Legals. Deposits.

105
110
Virginia funded debt, 2-3S...1991
1*2 6s, deferredt’ st reo’ts, stamped

57% 58*i
4*2 5

New York City, Boston and P h iladelph ia B an k s:

N. Y.*
Aug. 29..
Sept. 5..
“ 12..
“ 19..
“ 26..
Bos.*
Sept.12..
“ 19 .
“ 26..

C apital &
Surplus.

Loans.

Specie.

$
133,916,7
133,910,7
133,916,7
133,638,3
133,038,3

$
455.790,2
453,070,1
452,698,8
451,889,3
450.541,1

*
47,345.7
49,196.9
51.901,8
53.435.3
54,330,9

Legals.

D ep ositsA Oirc’Vv. Clearings.

$
$
$
$
74,474,2 451,934.8 17,055,5 410 580,2
70,799.6 447,071,8 17,979,6 477,635,8
$2,220, $10,900,0
68,219,6 445,654.3 18,711,7 430,258,4
2,267, 14.083.0
68,513,1 445,976,1 19,221.1 491.071,8
409.
9.092.4
71,977,3
448,368,7 19,709,1 478,781,4
1.728,
6.964.0
1,611,_ 15.055.5
09,351,8 159,792,0 7.275,0 6,308.0 132,008.0 10,081,0 64.852,9
858.0 3.523.0
69,351,8 159,103.0 7.868,0 7.135,0 134.092.0 10.134.0 76.47'>.a
2,126,6 26.269.2
8,505,0 6,901,0 135,377,0 10,i74,U 76,679,0
215.2 1.023.3 P h l l a . * 69,351,8 159,018,0
3.409.1 21.318.0 Sept.12.. 35,263,0 102,303,0
24,924,0
94,110.0 6,678,0 53,347,&
508.0 4,39*2,9
“ 19,. 35,263,0 102,219,0
25,348,0
94f807,0 6,820,0 55.800,7
1.488.1 4.817.9
“ 26.. 35,263,0 101,965,0
94,450,0 6.79801 52 657,5
25,551.0
162.9 1.188.9
265.0 1.910.0
* W e o m it tw o ciphers in all
urea.
188,4
925.0
t Including for Boston and Philadelphia the Item " due to other banks.’ *
557.0 2.316.5
273,7 1.819.3
Miscellaneous and U nlisted B o n d s :
5( 9,4 2.173.0
4.029.0 17.163.0
M iscellaneous Bonds.
3.589.4 13,887,7
M iscellaneous Bonds.
Manhat. Befell H. A L. g. 4s.
552.3 4.242.5 Amer. Spirits Mfg., 1st 0s...
Metropol. Tel. <fc Tel. 1st 5s..
1.378.1 6.697.5 Br’klyn Un. Gas, 1st cons. 5a.
Mich.-Penin. Car 1st 5s ...
389.0 2.005.9 Ch. Jun. & S. Yds.-Col.t.g.,5s
Mutual Union Teleg.—6s, g
1,114,7 9.400.5 Col. C. & I. Devel. gu. 5s......
Nat. Starch Mfg. 1st 6s__
9 6,9 6.259.3 Colorado Fuel & I.—Gen. 5393**fr,
N. Y. A N. J. Telep. gen. 5s..
369.6 2.379.0 Col. & Hock. Coal & I.—63, g.
Northwestern Telegraph—7s
705.7 4.980.7 Cons.Gas Co.,Chic.—lstgu.5s
People’s Gas & C. / 1st g, 6s. *105 b.
1.088.4 16.720.5 Consol. Coal conv. 0s............
Co., Chicago......J2d g. 6s. 102 b.
509.4 2.708.0 Det. Gas con. 1st 5................
1st cons. g. 6s....................
480.3 2.416.5 Edison Eleo. 111. Co.—1st 5s..
95 b.
Do.
of Bklyn., 1st 5s..
Pleas. Valley Coal—1st g. 6s.
491.4 2.921.9
Sunday Creek Coal 1st g 6s.
1.200.3 5.604.3 Equit. G.-L., N. Y.,cons. g.5s.
U. S. Leather—S.f. deb.,g.,6s. 110 %b*
444.4 2.853.7 Equitable G. & F.—1st 6s---Western Union Teleg.—7s...
905.0 ,8,280,8 Henderson Bridge—1st g. 6s.
741.2 4.546.9 Illinois Steel deb. 5s............
Wheel.L.E.&Pitts.CoallstSs 05’ "b
Non-conv. deb. 5s ..........
Unlisted Bonds.
227.1 1.650.0
Comstock Tunnel—Inc. 4s...
3.343.0 19.686.0 Int. Cond. A Ins. deb. 6s...
6 b> .
2.207.3 24.838.2
Note.—“ b” indicates price b i d ; “ a ” prioe asked. * Latest price this week
278.4 1.137.1
2.751.5 10.836.6
1.908.0 7.617.0
B ank Stock List— Latest prices this week, (*Not listed.)
1.037.0 5.588.0
696.1 2.969.9
BANKS. Bid. Ask. ( BANKS. Bid. Ask
BANKS. Bid. Ask.
4.114.5 17.844.3
Garfield____
550.3 0,903,3 America...... 320
625 N Y. Nat. Ex 95
German Am. 105
Ninth....... 105 112
206,6 1.197.5 Am. Exch... 105
German S i,
412.0 2.927.0 Bowery*..., 275
305* 19th Ward. 125
212.2
225 GarmaiiiA. , 350
N. America 125 130
3.147.5 Broadway...
461.9 2.574.9 Butchs’&Dr. 120 150 Greenwich 165
Oriental...
195
Pacific....... 180
3.533.1 16.141.0 Central....... 120 135 Hanover...... 310
Park........... 250 257
1.154.2
Hud. River.. 155
7.397.4 Chase.......... 400
401.4 2,b08,3 Chatham......
305 Im. & Trad’s' 515 535 People’ s __ 230
530.4 4.085.5 Chemical__ 4000 4500 Irving......... 140 150 Phenlx___ 100 likT
040.5 5.034.1 City.........
600 750 Leather Mfs*
170 Prod. Ex.*.. 111
1.072.2 0,191,7 Citizens'...... 120 135 Lincoln........ 750
Republic.... 135 150
21$1 3.980.7 Columbia__ 175
Manhattan.. 200
Seaboard... 170 174
Second....... 425
Market & Ful 200
449,3 1,927,3 Commerce... 167 200
Mechanics’ .. 180 200 Seventh__ 100
960.5 5.925.0 Continental. 130
140 ShoeA Le’th 90
362.0 2.203.0 Corn Exch.. 275 287 M’chs’ A Trs’
97
738.0 5.871.0 East River.. 120
Mercantile 167* 180 Stateof N.Y. 105
195.0 1.340.0 11th Ward... 200
Merchants’ .. 130 130 Third......... 100 164 "*
2,795.9 11.415.6 Fifth Ave.-.. 2700
Tradesm’n’s
Meroh’ts Ex. 110
90
Union Sq.* . 175 200
856.0 6.235.0 Fifth*.......... 250 275 Metropolis.. 400
Union......... 190
1,327,1 8.025.0 First..,......... 2850
Mt. Morris.. 100
390.7 1.737.0 First N., S. I. 100
150 Un’d States 175
Nassau.........
175 N. Ams’dam 19*6"
116.1 2.060.0 14th Street..
Western ... 113 117
Fourth ...... 160 170 New York... 215 240* West Side.. 275
71,977,3 448,368,7 Gallatin....... 300 315 N.Y. Co'nty. 010

THE CHRONICLE.

O ctober 3, 1896.]

e m iiM iB L e n iA .
Active Stocks.
f Indicates unlisted.
A te * . T . A 8. V ^ (S o tU m ).100
A tla n tic A P ac.
“
100
B a lt i m o r e A O h io ( B a l l .) . 1 0 0
B a lt - C it y P a s e V e r 44
25
B a lt i m o r e T r a c t io n 44
25
B a lt i m o r e T r a c ’ nHf P k iJ .) . 2 5
B o s t o n A A lb a n y (B ocU m ). 1 0 0
100
B o s t o n A L o w e ll
100
B o s t o n A M a in e .
*
100
C e n t r a l o f M a ss .

r r e f e r r e d .........

44
100
44
100!
(PAii.).lOO
44
50
100

O i e .B u r . A Q u in .
O h io M I L A 8 t . P .
O h o O . A G . v o t .t . c
C lt . 9 t R y .o f l a d *
F it c h b u r g p r e f ..
100
L e h ig h V a l l e y . . ( P h i i a . ) . 5 0
M e t r o p o i'n Trao.1T
44
100
M e x ic a n O e n t’ l ( B o s to n ). 1 0 0
N e w E n g l a n d ....
44
100
44
100
P r e f e r ! e d .........
N o rth ern C en tra l ( B a l . ) . 5 0
N o r t h e r n P a c ific : fP h U a .jlO O
P r e fe rre d :
44
100
O ld C o lo n y . . . . ( B o s t o n ) 1 0 0
P e n n s y lv a n ia ...( P h i i a .) . 5 0
P h il. A R e a d in g .*
44
50
P h lla d e lp h T r a c .
44
50
U n io n P a c i t l o . . . f B o c t o n ) . 1 0 0
U a l o n T r a c t i o n - .f P A t f a .) . 5 0
im is c e lla n e o a s s t o c k s .
A m . 8 u g ’ r R etln .fi f B o c t o n ) . . .
P r e f e r r e d ............
44
...
100
B e ll T e le p h o n e ..
B o e t. A M o n t a n a .
25
25
B u t t e A B o s t o n ..
25
C a lu m e t A H e c la
O a n t o n C o ............ ( B a l t . ) . 1 0 0
C o n s o lid a t e d G a s
**
100
B e c . 8 t e r . B a t 4y 1 I ( P A t f a .) .l 0 0
P r e f e r r e d 1i
44
100
E r ie T e l e p h o n e . ( R a t t a n ) . 1 0 0
G e n e r a l E le c tr ic .
**
100
P r e f e r r e d ...........
100
I l li n o is S t e e l . . . .
44
100
L s t m o n d to r e B e r
44
50
L e h i'h C o a l A N a v . ( P M l a .) 5 0
N E . T e le p h o n e ( B o c t o n ) . 1 0 0
F A H a a t ,L .A P o w f P A l l q ./
U n 't M G a a I r a p . f
44
50
W a ia b a c b L ig h t i
44
5
W e st E n d L a n d B o cto n ). .. .

IT * S h are

and

P r ic e s — n o t

Saturday,
Sept. 26

Monday,
Sept. 23.

Tuesday,
Sept. 29.

12% 13

12% 13

13

13*s

*13 *4
.................
18i« 16*4 16% 16*4 16% 16%
181, 16*4 16% 16% 16% 16%
204% 204% 204% 204% 2)4 204%
203 205 •203 2 »5
204 204
158 158
‘ 158 159
158*4 153*4
70
72%
6*.
15
91
29%

70%
73%
6%
15
94
29%

*8%

9

•67
13
*20%
171
5l®s
9
63 %
7
10%

68 N
72%
6*4
16
94
29%
97%
•8*4
•

13
171%
51%
64
7
10%

69N 68N
73% x70%
6*4
6%
16
10
94
•92
30
29 N
97% 98 N
9*6
9

61
30
32 4
24%
70
47%
18%
41

13*4
67%
44
in
IN
•Bid ana

Wednesday,
Sept. 30
13%

28% 29
32
31
57% 58*4
28*4 25%
•os
70
43
43
*13
•40% 42
•90%
13% 13*4
67% 06*4
44
41
1%
•1*4
asked prloee

*65

13*4

6 L% 61%
*16% 16%

70%
7 1N
6*14
16*4
91
■29N
93
3N

70%
72%
7
16%
92%
30
93
9

stock

Thursday,
Oct. 1.
13% 13N
13% 13%

69 N
71*9
7*4
17
91
29%
97%
8%

16%
16%
206
204
153*4
70%
72*0
7*4
17
91
29 N
97%
8%

70
66 4
66
14*4 14% 14%
21% *2138 22
171 172
52
51% 51N
10
9*3,0 10%
63% 63% 63*4
7
7
7
ION 1O70 ION

112% 111 112% 110% 112
10 )
99% 100
100 100
206% 207 208 x204 205
39
91% 88% 90
9)%
3
3
•2 % 3 8*
3
315
315 315 #315 315
■
61
62% 02*4 *62% 02%
•01% 61
29
30
29% 29% 29
29
32
32*4 32
32*4 31
31*4
53% *57% 58*4 ♦........ 59
53
23*4 23
23% 23% •23% 29
*6>
•65
70
70
45
45
10
45
45
45
•13
*13
13% 18%
42
42
42
42
42 ' 4 2
•90
*90
13% 1 3 13
13*4 13*4 13
63
67
68% 63*4 08*4 107
44% 44
41
44*4 44% 41
'1%
1%
1 % 1%
*1%
t Trust reoei
no sale wa- made.

111%
100
206
89
3
315

exchanges.

P r ic e s .

16%
16%
205 205
206
'204 206 *
158% 158% 158*4

70 «
66 «
13*4 13*4 13%
21*4 21% 21%
17 L 171% •171%
51% 52
51% 52
51%
8’ . 9*i. S***10 9% 9*1,8
63% 63*% 03% 64
63*4
6% 7
7
7
7
io n ION
ION 11
io n

65%
13*4 13*4
•21% 21%

112 113 \ 110% 111%
10) 100
93 100
2*>6% 207*4 20 5 207
37% 88*6 88*4 89*4
•3
3
3*4
3*4
310 312
312 312
61
29%
31*4
•57
29 %
•65
46%
13%
41
*90
13 <4
07N
41

70N
72
6*4
16
93%
30
99%
9

b v l t iu d r e
P er C e n tu m

591

Friday,
Oct. 2.
13%
*%
*Ui*
*61
16%
163s
20S
205
157
*9
-50
69

14

%
15i*
63

16i*
16i*
208
206
157

11

Sales
of the
Week,
Shares.
6,715
55
100
450
755
89
o
54

53
705e 16,304
72% 16.200
7% 71*
2,333
16i* 16%
429
90
90
87
2930 29%
1,706
97% 98i4
655
8i*
8%
715
*40
45
*63
67
‘ 65
66
14
14
3,693
*2 Li* 22
260
1721* 1 7 3
85
5 l 78 52
1,672
101.6 10716 45,917
63% 6 1 %
4,881
67a 6%
1.377
1 0 78 11
4,885

Range of sales in 1896.
Highest.

L o w e s t.

8% Aug.
% Sept.
11% Sept.
60 July
14% Aug.
14% Aug
200 Aug.
200 Aug.
149 Aug.
10 Mar.
52% July
53% Aug.
60 Aug.
4 Aug.
14% Aug.
84% Aug.
2778 Aug.
78% Aug.
6% Aug.
35 Aug.
55 Aug.
65 Aug.
% May
978 Apr.
170 Sept.
49% Aug.
1% Jan.
57% Aug.
3 Jau.
S% Aug.

17% Feb. 24
% Feb. 24
44% Jan. 27
70 Jan. 2
19% Apr. 16
19 Apr. 17
217 Jan. 28
209 June 1
171 Feb. 19
1 2 % Mar. 10
56 Feb. 28
82% Apr. 24
79 % June 17
1 2 % Jan. 2
30 Jan. 2
97 Feb. 10
38% Jan. 30
109% May 25
1 2 % Feb. 24
51 Jan. 28
85 Jan. 28
70 Feb. 14
114% 8ept 30
t21% Sept. 30
179 May 8
54% Apr. 23
10% O o t. 2
72% May 5
10
Apr. 21
20 May 18

110% 111% 27.02 4 95% Aug. 8 126% Apr. 21
100 100
157 92% Aug. 10 105% June 12
203% 203%
4 '8 195 July 29 206 June 18
88
89% 25,933 65 Jan. 7 91% June 15
2% 3
730
1% Mar. 7 13% Jan. 31
310 310
53 295 Jan. 3 315 S°pt. 29
*50
60
64 June 18 64 June 18
*62% 63%
292 55% Jan. 20 66 Apr. 2
29
30%
3,937, 20 Aug. 10 36% Apr. 15
31
32%
1,519 22 Aug. 8 38 Apr. 16
57% 58%
1,02 V 51% Aug. 10 63 Jan. 31
9 iOj 21 July 16 39% Mar. 13
23 % 23%
*60
65
50 Jan. 8 78 Apr. 14
4i
45
i ’ 949 32 Aug. 31 75 Apr. 15
27 1578 Aug 12 21 May 6
*18% 19
*42 ......
143 33 Aug. 3 46% Feb. 8
-90
91
87% Jan. 23 96 July 17
13
13
9 Jan. 7 15% June 15
1,192
1,391 53% Aug. 10 81% Jan. 2
67% 68
44
44
429 34% July 16 67 Feb. 17
650
1% Aug. 10 2% Feb. 14
1%
1%
pts, $5 paid. J Trust reo.,all instaL paid.

Bid. Ask
B d . Ask.
Inactive Stocks.
Bonds.
Inactive stocks.
Prices oj October 2
64
People’s Trac. trust certs. 4s..1943
Boston United Gas, 2d m. 5s..1939 62
95
Perklomen, 1st ser.,5s.l918, Q—J
Atlanta A Charlotte (Bait.). 100
Bari. A Mo. River Exe apt 6s, JAJ 1112 115
Phiia. A Erie gen. M. 5g.,1920, AAO
Boston A Providence (Boston). 100 250 26)
Non-exempt 6s..........1918, JAJ 105 106
45
Gen. mort., 4 g ..........^920, AAO
Cam-ten A Atlantic pt. (Phiia.). 50
Plain 4 s ........................1910, JAJ
90
95
Phila A Read, new 4 g., 1958, JAJ
Oatawissa .. . . . . . . . . .
44
50
Ohio. Burl. A Nor. 1st 5,1926, AAO 99 100
44
50 ........ 52%
1st preferred..........
2d mort. 6s ........... ...1918, JAD
96
1st pref. income, 5 g, 1958, Feb 1
99
Central O h io .......... . {Bait.) 50 ........ 40
Debenture 6a............. 1896, JAD 96
2d pref. lnoome, 5 g, 1958, Feb. 1
98
3 j 5
3d pref. lnoome, 5 g, 1958, Feb. 1
Chicago A West Mich.{Botlon). 100
Ohio. Burl. A Quincy 4s , 1922, FAA 87
90
90
2d, 5s.......................... 1933, AAO
Connecticut A Pass..
44
100 140 141
Iowa Division 4s.......1919, AAO
95
Chic.AW.Mich. gen. 5s, 1921,JAD 53
Connecticut River ...
44
100 240 250
55
Consol, mort. 7s........ 1911, JAD
22
OonsoL Tractor N.J.H (PAUa.).l00 20
Consol, of Vermont, 5 s.1913, JAJ 50
Consol, mort. 6 g ........1911, JAD
55
101% Current River, 1st. 5s..1927, AAO 50
De la wareA Bo and Br.
44
100
ImprovementM.6 g., 1897, AAO
60
12 1 Det. Lans.ANor’ n M.7s. 1907, JAJ
Con. M.,5 g.,stamped,1922, MAN
55
Flint A Pere M arq...(Bocton). 100 10
50
35
Terminal 5s, g ......l9 4 1 , Q.—F.
Preferred . . . . . . . . .
*
100 32
Eastern 1st mort 6 g.l906,M A8.. 121 1 2 2
Phil. Wilm. A Balt., 4s. 1917, AAO
Hestonville Passeng. (PhUa.).. 50j 47*4 49% I ree.Elk. AM.V.,lst,6s.l933, end. 122 125
.50
59
Pitts. C. A 8t. L., 7s....1900, FAA
Unstamped, 1st, 6a, 1933........... j 120 122
M
50
Rochester Railway, oon. 5s ..1930
K.C. C. A Spring.,1st,5g..1925,AAO 60
70
*fant. A Broad Top...
44
3chuyl.R.E.8ide,lst 5 g.1935, JAD
82
50 49N 50 1 K a F.B.AM. con .6b', 1928, MAN 80
Preferred................
Union Terminal 1st 5s..........FAA
10
K.C. Mem. A Bir.,lst,2s,1927, MAS 50
53
Kan. C y PUB. A Mem . ( B o c t o n ) . 100
•*
§120JAJ122
100 25 | 35
K.
C. 8t. Jo. AC. B., 7s.. 1907,
Preferred . . . . . . . . . .
AtUnufk^IiS-f.^iat TsfigOV, JAJ
60 L. Rock A Ft 8.. 1st, 7s.. 1905, JAJ 70
75
Little Schuylkill......... <Phila.). 50
Baltimore Belt, 1st, 5s.1990, MAN
Ma'ne Centra . . . . . . t B o c to n ) 100 123 130
Louis.,Ev. ASt.L.,lst,6g.l926,AAO 95 100
Balt. C. Pass. 1st 5a....1911, MAN
•fine Hill A Haven. (J'Ailu.) 50, 61%
2m., 5—6 g ................ 1936, AAO SO
85
Balt. Traction, 1st 5s..1929, MAN
Mar. II. A Ont., 6s.......1925. AAO 106 107
Neaquehonlng V a l. . .
44
50 52
Exteu. A impt. 6 s ....1901, MAS
Mexican Central, 4 g . . . 1911, JAJ 5 66
66*4
■ o r a American Co..
44
100
No. Balt. Dlv., 5s.......1942, JAD
1st oonsol.inoomes, 2 g, non-cam. 1 17
North Pennsylvania.
44
50 8 3 % ......
18
Baltimore A Ohio 4 g., 1935, A&O
2d oonsol. Incomes. 3s, non-cam.
Or.8h.Llne2d aast.pdf Bocton J.IQO 14% 15
8
9
Pitts. A Conn., 5 g— 1925, FAA
Pennsylvania A S. W. (Phiia.). 50
N. Y. A N.Eng,, 1st, 7s,1905, JAJ4*117 118
Staten Island, 2d, 5 g.1926, JAJ
Phil a lei. A Erie........
44
50
1st mort. 6e........... ...1905, JAJ *109% 110%
Bal.AOhlo 8. W.,lst,4%g.l990, JAJ
Rati d ........ ..........(Hatton) 100
Ogden. AL.C.,Con.6s...1920,AAO } 75
80
1
2
CapeF.AYad.,8er.A.,6g.l916, JAD
Preferred...................
44 100 69
71 | Ino. 60.................................1 9 2 0 1____ 15
Cent. Ohio, 4% g ........... 1930, MAS
Southern...................
(Bait.).100
Ru Hand, 1st,6a.......... 1902,MAN § 99% 100
Cent. Pass., 1st 5s ....1932, MAN
92
Preferred...................
44 100
2d, 5s..........................1898,FAA $ 90
City A Sub., 1st 5s........ 1922, JAD
West End.............. ...(Bocton). 50 69% 70
Chari. Ool.AAug.ext.5s.1910, JAJ
Preferred...................
44
50 89% 90
101*4
CoL A Greenv., 1st 5-68.1917, JAJ
Buffalo Ry. oon. 1st, 5s..........1931
United Cos. of N. J .. (Philo.). 100 235
Georgia A Ala., 1st pf. 5s.1945, AAO
West Jersey..................
44
50
Catawissa, M., 7 s......1 9 0 0 , FAA 107*4
60
West Jersey A Atlan.
44
50
103*4 Ga.Car. & Nor. 1st 5 g ..l9 2 9 , JAJ
20 i Choc. Okla. A Gulf, prior lien 6s..
Western N.Y. A Penn
44
100
2%
2%, Citizen*4HLRy.of lud.,oon.5s.l933 73*4 ........ i Georgia Pao.. 1st 5-6S...1922, JAJ
Geor. 80. A Fla., 1st 5s..1945, JAJ
Wisconsin Central...( Bocton). 100
Coluiub. 8L Ky„ 1st, con.5s.. 1932
1%
........ 1 North. Cent. 6a............1 9 0 0 , JAJ
Preferred ................
100
15 Columb. O. Crosstown, lst,5s.l933
6s..................
1904, JAJ
Worc’sLNash.ARoch.
44
100 112 117
Consol. Tract, of N. J., Ist,5s.l933 84*4 85
Series A, 5s................. 1926, JAJ
WISCELLAWROUS.
Dei. A B d Br’ k, 1st, 7s. 1905, FAA 120
4%
s.............................
1925,
AAO
107%
Easton
A
Am.
lstM.,5s.
1920,
MAN
Allouei Mln'K.MstiMlr Boston; 25
*4 1
M
Atlantic M ining......
67% Pledm.ACum.,lst, 5 g .1911, FAA
25 18
19 Elec. A People’s Trac. stock, tr. ctfs 67
*«
Pitta.
A
Connells.
1st
7s.
1898,
JAJ
Elmir.
A
Wilm.,
1st,
68.1910,
JAJ.
Bay state O u H........
50
0N
120
0*4
44
Boeton L*nd____ . . .
110% Southern, 1st 5s..............1994, JAJ
10
3%
4% Hestonville M. A F., oon. 5s.. 1924
44
Virginia
Mid.,
1st
6s
...
1906,
MAS
Centennial Mining...
107
10
Hunt.
A
fir'd
Top,Oon.5s.'95,AAO
2
2*4
2d Series, 6s , . . . . ....... .1911 MAS
44
Lehigh Nav. 4%s.......... 1914, Q -J 10*%
Fort Wayne Eleet-f..
25
1
2
44
3d Series, 6s............... 1916, MAS
Franklin Mining.......
25
2d 6s, gold.................. 1897, JAD 103 j........
9
10
4
4
4th Series, 3-4-5s.......1921, MAS
Frenchman’* Bay L’d.
General mort. 4%a, g.l924,Q —F ........ 1100
5
*4
%
44
5th
Series, 5s.........1 9 2 6 . MAS
I e t r . w « . Mining....
25 13
Lehigh
Val.Goal
1st
5s,g.
1933.JAJ
........
95
13*4
44
Oteeol. Minin*.........
25 27
27% Lehigh Valley, 1st 6s...1898, JAD 104 j ....... West Va C A P . 1st, 6 g. 1911, JAJ
44
Pullman Palace Car.
100 119 150
2d 7s........................... 1910, MAS 127 ........ WePt’L N.C. Oonsol. 6 g.1914, JAJ
Wilm. Col. A Aug., 6 s..1910, JAD
Fennsflvania Steel.. (Philo.)-100
Consol. 6..................1 9 2 3 , JAD 116%'
30
MISCELLANEOUS.
Newark Passenger, oon. 5s... 1930 100 100%
gorth Penn. 1st, 4 a ....l9 3 6 , ISViN 109 % ........ Baltimore Water 5 s... 1916, MAN
Quincy Mining..........(Bocton). 25 110 111
Funding
5b. . . . —.......1JJ6.MAN
Tamarack M ining....
44
25 87
Gen.
M.
7s...................
1903,
JAJ
117
.......
88
Exchange 3%a........ ..I960, JAJ
Water Power................
44 100
1
Virginia
(State)
3s, new. 1932, JAJ
128
131
r..l910
Pennsylvania <ou .6s,
Weetlngh. Elec. AM ..
44
50 24
25
Funded debt, 2-3s.....1991, JAJ
........ 113
Pref., cumulative.
44
50 49% 50*4 Consol. 6s,o
.....
OliesapeaKeGas
6 s.....1900, JAD
...1919
Oonsol. 5s, r........... .
Bonds—Boston,
Oonsol. Gas, 6 s ....—....1910, JAD
A t Top. A 8. V. general g. 4s, 1993 575*4 75*4 Oollat.Tr. 4*s 8....... ..1913.
5
s
— . --. -1939, JAJ
113
.......
Adjustment g. 4s, 199o...........
’ -17
37*4 Pa. A N. Y. Canal,7s .. •6,
........ 1 0 1 % EoultaUe
B *scon ti nited Gas 1st 5s...........
Oon. 5s........... ........ la s o
}77 i 7*
’ Price includes overdue ooupons.

1 Unlisted.

fe And accrued Interest.

Bid. Ask,
91%
10i

91*3

102
76% 77
37
37%
26
26%
24
24%
117
124
116
100% 101
.......1100
103% 109
106%
97
98
102

115 118
79% 803a
113
107 108
1 0 0 % 102

105% 106%
100 101

96
108
103%
101
104%
92%
74
107
93
107
109
110

109
105%
95
76
*95**
107%
112

100

102 % 102 %

101
109
108
*99" 100
105 106
106
110

121 %

103%
68%
57
58
105
113
101 %

592

THE

CH R O N IC LE.

[V o l . L X III.

NEW VORK STOCK. EXC H AN G E PRICES (C on tin u ed )— A C T IV E BONDS O CTO BER l A N D F O R T E A R 1 8 9 6 .
R ailroad and
Miscellaneous Bonds.

Closing
I n f st Price Range (sales) in 1896.
Period Oci. 2.
Lowest.
Highest.

Railroad and
Miscellaneous B onds.

Range (tales) in 1896.
Int'st Closing
Price
Periot Oct.
2.
Lowest.
H ig h e s t,

Amer. Cotton Oil, deb., 8g-1900 Q—F 106i2b. 1023i Aug. 111% Jan.
oJ &I
81%
75% Aug. 87 Feb.
68 b. 63 Aug. 72 Feb.
Ann Arbor.—1st, 4s, g .......1995 ^ —J
53%b. 44 Aug. 63% Feb.
o f / '*
0
M <fc >
81%
Feb.
At.T. & S.F.—New gen. 48.1995 A & O 75
6814 Aug.
80 b. 78 July 97 Jan.
Mo. Pac.—1st, con., 6g..
36%
fi M & h 101 b. 99 Sept. 112 Jam
Adjustment 4s................. 1995 Nov.
28*4 Aug 51% Feb.
8E & ^
Cot Midland—Cons.,4g. 1940 F & A t 17 b. 116 Sept. 127 Feb.
99% Sept. 104% June
40 b. 40 Mar. 50 Apr
Atl. & Pac.—Guar. 4 s ..... 1937
8 J & . ..
100 Aug. 106 Apr.
B’ way&7thAv.-l8t.con.g.5s’43 J & D 116
7 F & A 99 %b. 95 Aug. 102% Jam
10978 Aug. 117% May
7 M & J ioo%b. 97% Aug. 103% Apr.
Brooklyn Elev. 1st, 6g'....1924 A & O 75 a. 71 Sept, 102 Jan.
7 J & l 100 b. 99 >4July 102% May
Union Elevated.—6g___1937 M & N 71^b. 70 sept. 100% Jan
1A & 0
B’kly nWhrf&W. H—lst,5s,g.’45 F & A 97 b. 90 Aug. 101 May
73 %b. 68 July 81% Mar
7 J & L 112 b. 113 Aug. 120% May
Canada Southern.—1st, 5s, 1908 J & J 107i4b. 105 Aug. 110% June
R M & g 64 b. 56 Aug. 68 % Feb.
98 Sept. 107 Feb.
2d, 5s................................ 1913 M& S 10214
General mortgage, 4».
n J <ii , 127 b. 125 Sept. 132 June
Central of N. J.—Cons.,7a, 1899 Q -J 104i*2b. 103*2 Aug. 110% Mar.
rA & 0
1151*) Feb. 120 Apr.
Consol., 78....................... 1902 M & N
95 b. 93 July 102 J?eb
S M 4 J 102 b. 100% Jan. 104% Sbpt.
General mortgage, 5 g .. .1987 J & J 11414a. 110 Aug. 120 June
Leh. & W. B. ,con. ,7 s,as’d . 1900 Q—M 102 b. 10113 Aug. 106 Feb.
Au; 120% Mar
3 ( 4 J 116%
4. M & 8 103 b.
“
mortgage58.1912 M & N
90 Apr. 92% Mar.
109 Feb.
0 M & N *110%b.
Am. Dock & Imp., 5s___1921 J & J 110
108 Aug. 114% Mar.
111% June
>A & O 113%b. 15 July 119%
Central Paoi tic.—Gold, 6s.1898 J & J 100 i 9912 Jan. 104 May
Feb.
1 J & J 103%
Ches. & Ohio.—Ser. A, 6g.. 1908 A & O 113 1 I l l Aug. 119 July
.00 Aug. 107% Juue
A
&
O
114
1
7 A & 0 102
11413 Apr. l l s Juue N. Y .C hio.& 8t. L.Mortgage, 6 g ...................1911
99 *0Aug. 105 Feb
i j & j '127 b. 20 Aug. 133% June
1st consol., 5 g.................. 1939 M <fc N 106 : 100 July 111% Apr.
aF & a
General 4*28, g ................ 1992 M & S 70Js
65 Aug. 78% Feb.
12% Mar. 115 June
0 M & S 134
R.& A.Div., lstcon., 4g.l989 J & J 93 1 90 Aug. 97% June
31 Aug. 140 Feb.
<5A &. 0 *130 b.
••
2d con. 4g..l989 J & J 81 1 75 Aug. 88 June
131% Apr.
A & O 128 b.
Eliz. Lex. &Big. San.,5g.l902 M & S 96i2b. 95 Aug. 102% Feb.
Sept. 137 Feb.
9. M & g 85
Ohio. Burl. & Q.—Con. 7s.l9u3 J & J 116
110 Aug. 120 J une
July 93% Feb.
q J & D 108
Debenture, 5s.................. 1913 M& N 96*4
85 July 101% Apr.
July 110 Feb.
7 J & J 100 a.
Convertible 5s................. 19C3 M & S : 95 1 93 Aug. 104% Feb.
July 100 Jam
nA & o
Denver Division 4s........ 1922 F & A 8934
87% Aug 9534 June
118 Mar.
Nebraska Extension, 4s.l927 M & N 85 1 80 Aug. 91% Feb. Norf.dc W.—100-year, 5s,g. 1 ) J & J
60 Jan. 67 Feb.
Han. & St. Jos.—Cons.6s.1911 M & S 112i2b. 109 % Sept. 118% Jan. No. Pacific—1st, coup. 6 g .l i J & J 113%
.09% Aug. 118 Mar.
Cliic. & E. 111.—1st, s. f. 6S.1907 J & D lllio b 110 Aug. 117% May
10712b. .09 Aug. 11438 June
122 i 118 Aug. 127 June Do. J. P. M. & Co. certfs. 3 A & 0 tl08%b.
Consol. 6g.........................1934 A
.00 J an. tll5 % J’ne
7 J & D * 08 a. 59 July 82% Mar.
General consol., 1st 5s.. 1937 M & N 98 ; 96% Sept. 102% Apr.
q J & D t 46 ^
Chicago & Erie.—1st, 5g..l982 M & N 10913 101% Aug. 112 Feb.
S i's Jan. 151% Apr
&
90
8 M & N t 8913b.
Chic. Gas L. & C.—1st, 5g. .1937
82 Sept. 93% Feb.
94 Apr.
Jan.
0 A <& O t 4034b. 35% Aug. 148% Apr.
&
126
Chic. Mil.& St. P.—Con.7s.1905
319 Aug. 132% June
&
F & A 35 b. 36 Mar. 144% Feb.
1st, SouthwestDiv., 6s.. 1909
11313 106 Aug. 118 May
8 M & S t 35 b 26 Jan. 139% Apr.
11313b. 110 Aug. 118% June
l8t, So. Minn. Div., 6s.. 1910
& J I l l ‘ 108 Aug. 115% June No. Pacific Ter. Coa j & J 103 b. 99% Aug. 109% June
1st,Ch.A Pac. W.Div.5s.. 1921
& J 105
8 J & J 101 b. .00 Aug. 104% May
102% Aug. 111 June
Chic. & Mo. Riv.Div.,5s. .1926
1 J ik D 89
107
103 Aug. 112% Mar.
Wise. & Minn., Div ,5g...l921
70% July 94% Feb.
<fc
M & N 17
11213a. 105 Aug. 114 June
Terminal, 5g ........... -___ 1914
17 Sept. 35 Feb.
[>J <fe D 7313
9313b. 91% Aug. 98 June
&
Gen. M., 4g., series A ___1989
91% Jan.
73% Oot.
)A &0
Mil. & Nor.—1st,con.,6s.1913 r & D 115
115 Sept. 119 May
12
i 7 J uly 36 J am
q J & J 108%
Chic. & N. W.—Consol., 7 s .l915 Q -F *134 b, 129% Aug. 141 Jan.
04 Aug. 112% June
=j J & D *t 83%b. i 90 Jam t98 Feb.
Coupon, gold, 7s..............1902 J & D 116 b. 115 Aug. 120 May
1 J & J 108 b. :
Sinking fund, 6s..............1929 A & O
106% Aug. 116 Mar.
113% June
A
&
O
107
104%
Aug.
Sinking fund, 5s..............1929
I l l Mar.
10312b.
112% Feb.
i J & J 100 b. 98% July 102 Mar.
IO434 sept. 111% Apr.
Sinking fund, deben., 5s.1933 M & N 108
, M & 8 * 9 8 a. 1.01 Mar. 101 Mar.
25-year debenture, 5 s ... 1909 M & N 104% 103 Jan. 107 Apr.
Evans. Division, 6 g.
j M& N
Extension, 4s..................1926 F & A r 96 b. 98 Sept. 102% Apr.
26 Mar. 31 Feb.
124 b. 119% Aug 13o Juue Phila. &Read.—Gen.,
/
& J t 76% 167 Aug. 180% June
Chic. R.I. &Pac.—6s, coup. 1917 J &
100%
94% Aug 106 June
Extension and col., 5s...1934 J &
18% Jam 137=8 Oot.
.......... t 37%
30-year debenture,5s... 1921 M& S 91 b. 87% Sept. 97% Feb.
5% Jam 126=8 Oct.
........ t 26%
........ t 24
Chic. St. P. M. & 0 .-6 8 ...1 9 3 0 J & D 125
117 July 129 May
3dpf.ino., 5 i
3% Jam t 24% Oct.
J & J 7013a. 64 Aug. 77 Jam
Chic.&W.Ind.—Gen.,g.,6s. 1932 Q -M
113 Sept. 118% Feb.
J & J 69=8
Cleveland & Canton.—5s..1917 J & ' t 70
f 70 Aug. 90 Jan.
63 Aug. 77=8 Feb.
102 Aug. 107% Mar.
Clev. Lor. & Wheel.—5 s... 1933 A & O 103
t 40 b. t 37 Aug. t51 Jan.
M & N 113 b. 111% Jam 117% Apr.
C. C. C. & I.—Consol. 7g ...1914 J & D *126
119 Jan. 134% May
jM <& N 113 b. J.08 Aug. 118 Apr
124 ; 124 Sept. 127 May
General consol., 6g........ 1934 J &
j & j 107
60 Aug. 80 Jan.
] .01% Jam 114 June
O.C.C &St.L.—Peo.&E.,4s.l940 A & O 74
A & O * 25 b. 23 May 38 Mar
12 1 10 Aug. 23 Jan.
Income, 4s....................... 1990 April.
Cons, guar
M & N * 70 a. 60% Aug. 76 Feb.
Col. Coal <fe Iron—6g..........1900 F & A 100 ; 94% Jan. 100 Jan. St. L. & So. 1
ij & j
2d, 4s, g., i
Col. & 9th Ave.
5s, g ..l9 9 3 M & S 112% 109 Aug. 115% July
23% Aug. 32 Feb.
>M& N 117
83 1 80 Aug. 90 Feb. St.P.M.&M.Col.H.Val.&Toi.—Con.,5g.l931 M <fc
1 13% Aug. 121% Mar.
& D 84
jJ
J *119 b. J17 Jan. 124% June
General, 6g......................1904
80 Jan. 90 Apr.
Denv. & Rio Gr.—1st, 7s,g. 1900 M & N 110 1 110% Jan. 114 Apr.
reducedto4% g.. J & J 101 b. 100 Aug. 106 J une
J & D 89 a. 84% Juue 90% Sept.
1st consol., 4 g.................1936
& J 86 1 83 Jan. 92 May
J <& J 54
& J 95 1 92% July 98% June
JA. X .---xatj'ig..
Dul. So. Sh. <&A t l—5 g .... 1937
45 Aug. 59 Feb.
M & N 97 a.
& J *100 { 97% Jan. 105% June So. Car. & Ga.—1st, 5 g.
97 Apr.
Edison El. 111.—lst,con.g.5s.’95
Jam
J & J 92 b.
So. Paoitio, Aiiz,—0g ... II
Erie—4, g, prior b onds.... 1996 J <& J 89 1 83 Aug. 95% Feb.
Aug. 97 Feb.
A & 0 105 b. 1
General, 3-4, g ............... 1996 J & J 62
Apr. 112 July
54% Aug. 67 Apr. So. Paoitio, Cal.—6 g . .. II
A & 0 86%
1st consol., gold, 5 g ...,
t46% Aug. t 70% Feb.
Ft. W. & Denv. City.—6g.. 1921 J «fe D 52
86 Sept. 92% Apr.
106 Feb.
j & j 100 b. 1
Gal.H.&8an.An-M.&P.D.lst,5j M & N 90 b. 90 July 93 J an.
j & j
Gen. Electric,deb. 5 s ,g ...l9 2 :_ J & D 88 %b 82 Sept. 93% Feb.
85
76 Aug. 94% June
Hous. <fc T. Cent. gen. 4s, g.1921 A & O 67
M & S 91 a. 90 Mar. 93% Feb.
67 Sept. 71 Apr.
J & J 107% 1
i Aug. 111% June
Illinois Central.—4s, g...... 1953 M & N
99 Jan. 102 Feb.
M<fe N 107 b. 1
Western Lines, 1st, 4s, g.1951 F & A 10213a. 97 Aug. 10358 July
July 109% Apr
J & J ............1
Int.&GreatNor.—l8t,6s,g 1919 M& N 116 b. 114 July 118% Apr.
Sept. 114 Jam
j & j 115
116 May
1
2d, 4-5s.............................1909 M& S 67
66% Aug. 77% Feb.
j & j 117
121% June
Iowa Central.—1st, 5g___1938 J & D 9434
87 Aug. 98 May
1
J & J '105 b. 1
Kings Co. Elev.—1st, 5g.. 1925 J & J 40 b. 37% Sept. 71 Jan.
Sept. 114 Apr.
A
&
O
80 b.
Laclede Gas.—1st, 5 s ,g ... 1919 Q—F
Sept. 93 Feb.
85 Aug. 96 Jan. Tenn. 0. X. & Ky—Ten. D .lst, 6i
91%
Birmingham Div., 6 g . . . 1911 j & j
8213b.
Lake Erie & West.—5g___1937 J & J 114 a. 110 Aug. 117S8 June
LSept. 95 Feb
J
&
D
L. Shore. -Con,op., 1st, 78.1900 J & J 110 b. 108 Aug. 115 Jan. Texas & Paolflo—1st, 6 g .. 2000
Aug. 91 Apr.
80%
1914a.
Consol, coup., 2d, 7 b...... 1903 J & D 114 b. 113% Sept. 120&8 Mar.
1 Aug. 24=8 Feb.
2d, Income, 5 g ............2 0 0 0 March
Lex. Av. <fcPav. F. gu. 5s,g.l993 M& S 112% 109 Aug. 115% July Toledo & Ohio Cent.—5 g. .1935 j & j 105 b. 1
Aug. 109% June
177 Feb.
Long Island.—1st con., 5g.l931 Q -J
117% Jan. 120 Feb. Tol. St. L. & Kan. C.—6 g .. .1916 J & D 66
t<
107 May
J 100 b.
General m ortgage,4g... 1938 J & D 92 ; 90 Aug. 98 Jan. Union Paolflo—6 g ___ ....1898 J
Louis. & Nash.—Cons. 7s. .1898 A & O 101% 101% Oct. 108% Mar.
Ext. sinking fund, 8....... 1899 M & S 96 b.
Sept. 97% Feb.
N. O «feMobile, 1st, 6 g ... 1930 J & J 112%b. 113% Aug. 119 Feb.
Collateral trust, 4%....... 1918 M & N ............t '
May 154% Feb.
98 Jam
Gold 6s, ool. trust notes.1894 F & A 95 a.
“
“
2d, 6g. 1930 J & J 99%b. 96 Aug. 102% May
s May
General, 6g......................1930 J & D I l l b. 110 Sept. 117% Apr.
Kan. Pao.-Den.Div.,flg.l899 M A N ............1<
Jam 111% July
1st consol., 6 g . . . .........1919 M & N 66
Uni lied, 4g....................... 1940 J & J 73%b. 68% Aug. 80% Feb.
1 Aug. 177% Feb.
t.
Oregon Short Line—6 g.1922 F & A 107%b. 11
Louis,N. A. & Oh.—1st, 6s. 1910 J 4c J 102%b. 102% Sept. 114 June
Jam 115 Apr
July 170 Feb.
74 Aug. 103 Feb.
Consol., 6g....................... 1916 A <fc O 74%
Or.8.L.&Ut’hN.—Con.,5gl919 A & 0
63% b
U.P.Den.&Gulf,oon.,5g.l939 J & D 31
Manhattan consol. 4s.......1990 A & O 90%
8 Aug. 40% Apr.
88 Aug. 99 % Mar.
Aug. 136% Feb.
Metro. Elevated.- 1st, 6g.l908 J & J 116%b. 111% Aug. 120% June U. S. Cord.—1st o o l.,6 g ...1921 J & J 21 b. 1
a-Sept. 105 Apr
2d,6s.................................1899 M & N 103 b. 101 Aug. 108 Apr. Virginia Mid.—Gen.M., 5s.1936 M& N 97 b.
Wabash—1st, 5 g . . . ...........1939 M & N 104%
Aug. 109 Apr.
Mich. Cent.—1st, cons., 78.1902 M & N 115 b. 111 Aug. 119 Jan.
2d mortgage, 5 g..............1939 F & A 68
a Aug. 77% Feb.
Consol., 58....................... 1902 M& N 104 b. 103 July 108% Feb.
Mil. Lake Sh. & W.—1st,6g. 1921 M & N 126 b. 122 Aug. 132% Apr. West N. Y. & Pa.—1st, 5 g. 1937 J & J 105 b. 1
Aug. 108% May
49% Feb.
Gen. 2-3-4s, gold............ 1943 A & O 41
AU g.
Exten. <telmp., 5g.......... 1929 F & A 108 %b. 104 Aug. 115% May
Aug. 108% June
Minn. ASt.L.—1st con.os,g,1934 M & N 98 b. 96 Aug. 103% Apr.
West.Un.TeL—Col. tr. 5 s..1938 J & J 103 b. 1
Mo. K.& E.—1st 5s, g., gu..l942 A & O 88%b. 81 Aug. 94 Feb. Iwtso. Cent. Co. 1st 5 g .......1937 J & J j 34% t
Aug. t46 Feb.
Note .—“ b" Indicates price bid; “ a prloe ashed; the range Is made up Jrom aotual sales only. * Latest price this week, t Trust receipts.
N EW YO R K STOCK E X C H A N G E P R IC E S— (C ontinued).— IN A C T I V E
SECURITIES.

Bid.

Ask.

Railroad Bonds.
(Stock Exchange Prices.)
90
Alabama Mid.—1st,g., guar..1928
Atoll. Topeka & San Fran.—
ohioago & St. Lou.—1st, 6s.1915 ........
Col. Mid. 1st, g „ 6s............. 1936
Atl. & Pac.—2d W. D., gu. 6s.1907
1
Western Division incom e..1910
Balt. & Obio- 1st, 6s, Park B.19I9 9812

SECURITIES.
Balt. & Ohio—5s, gold............ 1925

Bid.

B O N D S -O C T O B E R 2

Ask.

SECURITIES.

94

Brunswick & W’n—1st, g., 4s.1938
Buff. Roob. & P itts—Gen. 5s..1937
Rocb. & P., 1st, 6s...............1921
Rook. & Pitts.—Cons.1st,6s.l922
Buff. & Susqueh.—1st, 5s, g ..l9 1 3
Burl. Ced.Rap. &No.- 1st, 08.1906
Consol. & oollat. trust, 5s.. 1934
Minn. & St. L.—1st, 7s, gu .. 1927
Ced. Rap. I. F. & N., 1st, 6s.1920
1st, 5s.................................1921

W Va. & Pitts.—let, g., 5s..1990
100
B. & O. 8. W., 1st, g.,4 % s...l9 9 0
Monon. River, 1st, g., g. 5 s ..1919
Cent’l Ohio Reor.—1st, 4%s. 1930 *94
Ak.&Ch.Juno.—1st, g, 5s, gu. 1930 82%
44
Brooklyn Elevated—2d,L a ... 1915
Seaside & B.B.—1st,g,5s,gu.1942
Br’klyn Rap. Tran.—Gold, 5s. 1945 72%

Bid.
93%
119%
115%
106
97%
TOO
*90

Ask.
75
96

THE CHROM LCLE.

October 3. 1896.]

NEW ( O K I STOCK. BXCH4.NOB P B lC E S .-/W 4 C 7 r /^ B
S E C U R I T USB,

B id .

O O h l o - C o l . * C t n . M . l » L * 1« . 1 9 3 9
90
O e o t. R R . * B a n k . - C o l . v. 5 * . 1 9 3 7
O an L o f
J . — C o n v . d e b .. 6 s . 1 9 0 8
O n t P a olflo— G o ld b o n d * , 6 s . l 8 9 7 * 9 8
6 o l d b o n d s , 6 a .............................. 1 8 9 8 ; 10 0
B an J o a q u in B r ., 6 a ....................1 9 0 0 1 0 1
M o r t. g o ld 5 a ----------- ----------------1 9 3 9
L a n d g r a n t , 5 « . g ........................ 1 9 0 0
..........
E x t . g . 5 a . s e r ie s A B C D - . 1 8 9 8
C a l. ik O . D i v ., e x t . , g . 5 a . . . 1 9 1 8 ;
W e s t . P a otflo— B o n d s , 6 a ------1899 1 1 0 f t
N o . R a ilw a y ( C a l . i - l a : , 6 « . 1 9 0 7
96
5 0 - y a a r 5 a .............................. . . . 1 9 3 8 :
« h a e . & O .— P a r . M . f u n d , 6 s . 1 8 9 8 •102
C r a ig V a ll e y — 1 s t . g . , 5 a — 1 9 1 0
W a rm B p r .V a L , 1 s t , g . 5 e . . 1 9 1 1
O ia a . O .A S o . W e a L — l e t 6 a , g . 1 9 1 1 :
I d , 6 a ................................................... 1 9 1 1
O b . V .- O e n .o o n .la t .g T i .g ,5 B .1 9 3 8 j
O M o a g o * A l t o n — 8 . F . , 6 s ----- 1 9 0 3 ] 1 1 4
L o u is . A M o . R iv e r — 1 s t , 7 8 .1 9 0 0 , 1 0 7 %
106
i d , 7 a ............................................... 1 9 0 0
a t . L. J a c k s . A C M e .- 2 d , 7 a .l8 9 8 ]
M ia a .B . B r id g e — 1 s t , a. f „ 6 a .1 9 1 2 i ’0’ 4 ”
C b l e B a r i . A N o r .— 1 s t , 5 a . . . . 1 9 2 6
D e b e n tu r e 6 s ............................. . . 1 8 9 6 :
95
C b lo . B a r lin g . A Q .— 5 » , a. f . , 1 9 0 1
I o w a D i v . —S i n k , f o n d , 5 a . . 1 9 1 9 10 2
93
B ln k ln g f u n d , l a . . . . ____
1919
P la in , l a .............................................. 1 9 2 1 ..........
O n le a g o A I o w a D iv .— 5 a . . . 1 9 0 3
•be
O n lo . A I n d ia n a C o a l— l e t 5 a . 1 9 3 6
C h i. M il. A 8 t . P . — l a t .S a U ’ . D 1 8 9 8 1 0 4 %
1
23
2 L 7 3 - 1 0 e , P . D ..........................1 8 9 8
124
l a t , 7 a , t g . , R . D .......................... 1 9 0 2
1
24
1 s t , t . A M . , 7 a .............................. 1 9 9 7
l i t , I . A D . , 7 a ...............................1 8 9 9 1 2 4
1
24
1 s t JO. A M ., 7 a .............................. 1 9 0 3
1 s t, L A D .E x t e n s i o n ,7 a ...1 9 0 8 1 2 5
1
0
5%
1 st. L a C . A D a v . , 5 a ............ 1 9 1 9
1 s t , O A D . , 7 a ............................ 1 9 1 0 1 2 3
104
1 s t , H . A D . , 5 a ............................ 1 9 1 0
C h ic a g o A P a c lflo D t v ., 6 s . . 1 9 1 0 1 1 5 %
104
M in e r a l P o in t D l v . S a ..............1 9 1 0
105
a A L . S a p . D i v ., 5 a ................ 1 9 2 1
f a r g o A S o u t h ., 6 a , A m u . . . 1 9 2 1 1 0 5
n o. e o n v . s in k , f o n d , 5 a . . . . 1 9 1 6
D a k o t a A O t . 8 o n t h . , 5 a ____1 9 1 6
eg M il. A N o r . m a in lin e — 6 s . . 1 9 1 0 1 1 0
C b lo . A N o r a . —3 0 - y e a r d e b . 5 a . ' 9 2 1 1 0 7
R acen a b a A L . S . 1 s t, 6 a . . . . 1 9 0 1 ; i u e
Dea M . A M i n n .— l e t . 7 a . . . . 1 9 0 7 ;
I o w a M id la n d — 1 s t , 8 a ............1 9 0 0
C h ic. A M ilw a u k e e — 1 s t , 7 a . 1898 1 1 0 4 %
W in . A 8 L P . — 2 d , 7 a ..................1 9 0 7 ,
* 1 1 . A M a d .— 1 s t . 6 a ................. 1 9 0 5
O tL O . P . A 81 . P .— l a t , 5 a . 1 9 0 9 ] 1*0*4%
104%
N o r th e r n III.— l e t , 5 e ______ 1 9 1 0
M U . L . 8 .A W .— C o n .d e b .,5 a .l9 0 7 ;
M ic h . D t v ., l e t . 6a ................... 1 9 2 4 ]
A a h la n d D iv is i o n — l a t , 6a 1 9 2 5 1 2 3
O h . R -1 . A P — D . M . A F . D . l a t 4 a . 1 9 0 5 1
l a t , 2 « * e .......................................... 1 9 0 5
E x t e n s i o n , 4 a ........... . . . . . . . 1 9 0 5 '
K e o k u k A D e a M .— l a t , 5 a . . 1 9 2 3
•99
C h ic . 6 t . P . A M in n .— l a t , 6 a . . . 1 9 1 8 120
123
S t . P a u l A 8 . C .— l a t , 6 e ......... 1 9 1 9
O k ie. A W . i D d . - l a t , a. f „ 6 a . 1 9 1 9
S e o e r a l m o r t g a g e , 6 a ..............1 9 3 2
C h ic . A W e s t . M lo n .— 5 a ........... 1 9 2 1 1
O b B a m . 4 0 . - C o rn s, f ., 7a. 1 9 0 5
I d . g o l d , 4 > « * ...................................1 9 3 7 !
1 0 )1 ,
C ln . D . i l r * n — l a t ,g u . 5 a , g . l 9 4 1
C le v . A k . A C o L - E q . A 2 d 6 a . 1 9 3 0
O C . C . A 8 L L . — U e n ., g . 4 a . . 1 9 9 3
C a ir o d i v is io n , 4 a ____ ______ . . 1 9 3 9
8 L L o u .I > lv .— l a t o o l .U ’ t4 a .g . 1 9 9 0
904
S p r t n g .A C o l .D l v .— l a t .g - 4 a . 1 9 4 0
i n i l t e W . V a L D l v . — l a t ,g . 4 * . 1 9 4 0
O n . W a b . A M . D l v . — l a L g .4 x . 1 9 9 1
'9 5
C ln . I . B t. L . A a — U L * . , 4 e . l 9 3 6
O on ao l , 6 b .................................. . . 1 9 2 0
C ttu 8 a n .A C L — C < m .la t ,g .5 » . 1 9 2 8 l o i n
I n d ia n a B . A W . - l a t p f . 7 » .1 9 0 0
O h io l n d . A W . — l e t p r e f. 5 a . . 1 9 3 8
C . C o l C ln . A I n d .— l a t , 7 a ^ . f , 1 8 9 9 1 0 7
C o n s o l, s in k , f o n d , 7 a ______ . 1 9 1 4
t a n .A 8 p r .-la L C .& C .A L 7 a . 1 9 0 1
C le v e . L o r a in A W b .— l a L 5 a 1 9 3 3 *103*
C le v e A M a h . V . — C o l l
.
. 1938
D e l. L a ck . A W . - M o r t . 7 a . . . . 1 9 0 7
S y r a . B in g . A N . Y . — l a L 7 a . l 9 0 6
M o r r is A E a a e x - l s L 7 a . . . . 1 9 1 4 1 3 7
i-o v i a . 7 a .......................................1 9 0 0 1 0 9
T» o f 1 8 7 1 ..................................... 1 9 0 1
l a L e o n - g u a r .. 7 a . . . ...........1 9 1 5 1 3 8
W a r r e n - 2 d , 7 a .............................1 9 0 0
D . A l l < a n .— P a . D lv .,o o n p .7 a . 1 9 1 7 1 3 5
A l b a n y A S o a q — l a t , g u ..7 s . 1 9 0 6 120
l a L c o n * ., g u a r ., 6 # ............... 1 9 0 6
B e n s . A B ar. l a t , c o u p ., 7 a . l 9 2 1
D e n v . T r a m w a y —C o n s. 6a, g . 1 9 1 0
M e t r o j o l. B y .— l a L g n . g . 6 a . l 9 1 1
D e n v . A R. O .— I m p . , g „ 5 a . . . 1 9 2 8
D * t . M . A M . — L . g . 3 * a a ,a e r .A .1 9 1 1
D e t . A M a c k .— l a t U e n , 4 a , g . . 1 9 9 5
•17
4 a , g o l d .................................................1 9 9 5
D u lu t h A Ir o n R a n g e — l a t 5 a . 1 9 3 7 100*
E r i e — l a t , e x t e n d e d , 7 a .............. 1 8 9 7
103
2 d , e x t e n d e d , 5 a ............................ 1 9 1 9 112%
3 d , e x t e n d e d , 4>aa............... . . . 1 9 2 3 1 1 0 6 %
4 t h , e x t e n d e d , 5 s . . . . . ................1 9 2 0 1 1 4
5 t h , e x t e n d e d , 4 a .........................1 9 2 8 1
l e t , c o n ., g . , r d , 7 a ................... 1 9 2 0
•S W , Y . A E .— 1 s t . 7 e . .............1 9 1 6
B l B . A 8 . W . — M o r t g . 6 a ____1 9 0 8
101
ie d e r a o n — 1 s t , g u . g. 5 a ____1 9 0 9
101
Oo a I A R R .— 6 t
____
D o c k * r r o p L , U t 6 s , o u r ?oy’ l 9 l 3
I06’
R v * n s . A T err® H a u te —
l a t , c o d a ., 6 a ................................... 1 9 2 1
106%
l a t , * e n * r m l , g . , f f c ...................... 194 2
M t. V e r n o n 1 s t 6 a ......................1 9 2 3
* o L C o . B r . l i t , g . , 5 * ...............1 9 3 0

Ask.

I t .

100
—

.........

102"

.........

...... .....

—
tb s”

......
-- .
120

l2 o

.......
lie

T

....

97

100

....
—

...........
...........
109%

68 ’

.....
......
100 "
...........
9 0 "
90

SECURITIES.

BONDS—fC ontinued)— OCTOBER 2 .
Bid.

Svans. A Indian.—1st, cons.. 1926
Flint A P. Marauette—
Mort., Bp................................1920i 1 0 9
I«t, con. sold. 5s.................. 1939
Pt. Huron Div.—1st, 5 s ___1938
*7*5*
F a. Cen A Pen.—1st g. 5s__ 1918
1st con. g., 5 e ....................... 1943
Ft. Worth A R. G.—ist g., 5s..1928 4 9
Gal. Har. A San Ant.—1st. 6s.1910
2d mort., 7s..........................1905
Ga. Car. & Nor.—1st, gu. 5s, g.1929
Grand Rap. & Ind.—Gen. 5s.. 1924
Houaatonfo—Cons, gold 5s
1937 122
N. Haven A Derby, Cons. 5s.. 1918
Hous. AT. C.—Waco A N. 7s..1903 1 2 5 *
let g., 5s dnt. gtd)............... 1937
98
Cons. g. 6a (Int. gtd)........... 1912
Debent. 6s, prin. A in:, gtd. 1897 • 8 0
; Debent. 4s, prin. A int. gtd.1897
Dlinois Central—1st, g., 4a... 1951 110
! lit . gold, 3% s....................... 1951
! Gold 4a.................................. 1952
2-10 g., 4s.............................1904
; Cairo Bridge—4s.................. 1950
Spring!. Div.—Coup., 6s___1898
Middle Div.—Reg., 5s......... 1921
O. 8t. L. A N. O .-T e n .l.,78.1897 1 0 3 %
lat, oonaol., 7b....................1897 1 0 3 %
Gold, 5s, 00upon............... 1951 1 1 5
Memp. Div.. 1st g. 4s.......1951
Oed. Falls A Minn.—1st,7s.. 1907
Ind. D. A 8pr.—1st 7s, 1906, trust
recta., c r bonds...........................
[nd. Dec. A W.—1st, g., 5 s ....1935 9 5
Ind. £Us. A Iowa.—lat, g, 4s.. 1939
1st. ext., g. 5s........... . ......... 1943
Int. A G. N’ n.—3d, 4s, g ...... 1921
K Inga Co.-F. EL,lst,5,g. ,gu. A. 1929 3 2 %
Lake Erie A West.—2d g., 5s. 1941 9 9 %
; North'n Ohio—1st, gu. g. 5s.l945 9 9 %
L .8.A M .80U.—B.AE.—New7a.’98 102
Det. M. A T.—1st, 7b............ 1906
Lake Shore—Div. bonds, 7s. 1899 1 0 4
Kal. All. A G. R.—1st gu. 5s.l938
Mahon’g Coal R R .-ls t, 5a. 1934
LehighV.,N.Y.-lst gu.g.4%8.1940
jLehigh V.Term.—1st gu. 5s,g. 1941 1 0 7 %
Lehigh V’y Coal—1st 5s,gu.g,1933
i.ltchf. Car.A West.—1st 6s. g.1916
Utile Rock A M .-ls t, 5s, g.,1937
Long Island—
, 1st, 7a ....................................1898 1 0 1 %
Ferry, 1st, g., 4%s............... 1922
Gold 4s.................................. 1932
N. Y. A R’ way B.—lst.g. 58.1927 •98**
2d mortg., ino....................1927 35
N.Y.AMan.Beach.—1st, 7s, 1897 1 0 1
N.Y.B.AM.B.—lstcon. 5s,g.l935 * J 0 l
BrookTn&Montauk—1st,6s.1911
1st, 5 » ................................ 1911
No. Shore Br.—1st eon.5s,g.l932
'Louie.Evans. A St. L.—Con.5s.1939 2*5*’
ILouie. A Nash.—Cecil. Br. 7s,. 1907
E. II. A Nash.- 1 s t 6s, g ....l9 l9 • l i o
| Penaacoia Division. 6s ........1920 * 9 8
8t. Louis Division, 1st, 6s... 1921
2d, 3s..................................1980
Nashv. A Decatnr—lat,7s.. 1900
f.,6e.—8. A N. Ala............ 1910
j * 0-year 5s. g.,....................... 1937 * 9 1 4
ens. A A t . - 1st, 6s, gold. ..1921
• ollat. trust, 5s, g ............... 1931
nAN . A M.AM.—lst.g.,4%al»45
Naah.Flor.A8.—lat, gu., 5s. 1937
Kentucky Central—4s, g . . . 1987

9 3 4 LOU.N. Alb. ACh.—Gen. m.g.5s. 1940

593

Memphis A Chari.—6s, gold.. 1924
Mexican Cent. Consol.—4s, g.1911
1st, cons. Income 3e, g........ 1939
91
Mex. International—1st, 4s,g.l942
Mexican National—1st, g., 6s. 1927
.......
2d, income, 6s, “ A” ..............1917
.......
2d, income, 6a, “ B” ............ 1917
........ Michigan C entral-6s............ 1909 ' 1 1 0
107% Coupon,5s...... .....................1931
........I Mortgage 4s..........................1940 • 9 8 "
........
Bat-C.AStrgis.—lst,3s,g.gu,1989
...... Minn. A 8t. L —1st, g. 7 s .......1927 1 3 5
........
Iowa Extension, 1st, 7s...... 1909 1 1 9
........11 Southwest Ext.—1st, 7s.......19io 1 1 9
........ 1 Pacific Ext.—1st, 6 s ............. 1921 1 1 5
__ Mo.K.ATex.—1st, ext,, 5e, g .1914
Mo.K.AT.of Tex.lst.gu.5s.g.l942 7 0 **
110
Kansas City A P., 1st.4 s,g..1990
, Dal. A Waco—1st. 5s, gu.... 1940
140
Missouri Pacific—Trust 5 s... 1917 * 5 0
1920 4 8
1 3 7 % I let coll., 5s, g ..............
8t L.AI. M .-Ark.Br.,lst,7s.l895 100
125
'Mobile A Ohio—lat ext., 6s...1927 1 0 7
Bt. L. A Cairo—4s, guar.......1931
{Morgan’ s La . A T.—lit , 6s— 1920
1st. 7s........... ......................... 1918
Nash. Chat. A 8t. L .-2 d , 6s.. 1901
|N.
O. A. No. E -Pr. 1., g., 6s.. 1915
20
N . Y. Central.-Deb. g. 4*....1905 102
20
N. J. June—Guar. 1st, 4 s... 198b
Beech O reek-lsLgold, 4a.. 1936
Osw. A Rome—2d, 5s, g.,gti.l915
Utica A BL Riv.—Is, g., gtl.1922
N. Y. A Put. —1st, g., 4s. g 11.1993
N. Y. N. H. A H.—1st. rev. 4s. 1903
N. Y. A Northern-1 s t, g. 5s.. 1927
103
N . Y. Bust). A West.-2 d , 4%s. 1937 * 6 0
Gen. mort., 5s. v................. 1940
80
Wilk.A East.—1st,gtd.,g.5s. 1942
Northern Pac.—
James River Val.—1st, 6s... 1936
Spokane A Pal.—1st, 6s......1936
8r. Paul A N. P.—Gen., 6s.. 1923 i * 1 9 4
HelenaA KedM’ n -ls t.g ., 6s. 1937
DuiuthAManitoba—lsi,g.6sl936 * 7 8
Dili. AM an Dak. Dtv.—Ist6a.l93? * 7 8 4
Ocour d'Alene—1st, 6s. gold. 1916

Ask.

SECURITIES.

Northern Pacific—
C. d’ Alene—Gen. lst,g., 6s..1938
Cent. Washington—lst.g.,63.1938
81
Norfolk A 8outh’n—1st, 5s,g. 1941
80
Norfolk A West.—
General. 68 ...... ...................1931
New River 1st 6s................1932
50
Imp. A Ext., 6s..................... 1934
Adjustment M., 7 s ........ ......1924
LOO*
Md. A Wash. Div.—Ist,g.5s.l941
8oioto Val. A N. E.—lat,4s,.1989
Ohio A Miss.—
Consol. 7s.....................
1S98
2d consol. 7 s........................ 1911
8pring.D iv.-l8t 7s.............. 1905
General 5s............................ 1932
100
Ohio River RR.—1st, 5s......... 193t
Gen, g.,5s............................. 193T
Omaha A St. Louis.—1st, 4s.. 1937
Oregon A Califor.—1st, 5s, g.1927
Oreg. RyANav.-Col.tr. g..5s.l9U
Penn -P.C.C. A8t.L.Cn.g.4%s A194(
Do
do
Series B........
P.C.A8.L.-l8t,c.,7a...............19o
Pitts. Ft. W. A C.—1st, 7s... 191 j
2d, 7 a ................................ 1912
3d, 7a...............
1912
Ch.8t.L.AP.—lst,oon.5s,g. ..1932
Clev. A P.—Cone., s. fd., 78.190C
99
Gen. 4%s, g., “ A ............1942
Bt. L V .A T . H.—1st, 6s., 78.189:
2d, 7a..................................1898
2d, guar., 7a.......................1898
Gd.R.AI.Ext.—lst,4%s,G.g.l941
Peoria A Pek. Union—1st, 08.1921
| 2d mortg., 4%s..................... 1921
Pitta. Cleve. A Tol.—1st, 6s... 1922
Pitta. A L. Er.—2dg. 5s, “ A” . 1926
101
Pitta. Mo. K. A Y.—lat 6a___ 1932
102
Pitta. Painav. A F.—lat, 5 s... 1916
Pitta. 8hen. A L.E.—lst.g.,5s. 1940
1st consol. 5a.........................1943
Pitta. A Weat.—M. 5s, g.1891-1941
Pitta. Y’ gst'nAA.—1st, os.oon.1927
Rio Grande 80.—1st, g., 5 s... 1940
9 9 % 8t. Joe. A Gr Is.—2d ino........ 1925
Kan. C. A Omaha—1st, 5s..l92">
108%
8 t L. A. A T . H .-Terin. 58..1914
Beilev. A Car.—1st, 6s.........1923
Chi.8t.L. APad.—lat,gd.g.5s 1917
8t. Louis 80.—1st, gd. g. 4 s.1931
do
2d income ,5s. 1931
Car. AShawt.—ls tg . 4s....1932
894
8t. L. A 8. F.—2d 6s,g., ol. A.190C
General 5s............................. 1931
♦ 2 4 , 1st, trust, gold 5s.............. 1987
102%
Kan. City A 8 lat, 6a. g ... 191b
I Ft. 8. A V. B.Be. —1st, 6 s ...1911
Kansas Midland—1st, 4s, g.1937
[St. Paul City Ky, oou. 5s, g ... 1937
' Gold 5s, gu ar....................... 1W7
4 5 * ‘ 8t. Paul A Duluth—1st, 5s___1931
2d mortgage 5s..................... 1917
107
St. Paul Minn A M .-ls t, 7s..1909
! 2d mort.,6s....................
190t
; Mlnneap. Union—1st 6 s... 192j
..........
! Mont. Cen.—1st, guar., 6s.. 1937
let guar. g. 5s.................... 1937
East. Minn., 1st div. lat 5s. 190fc
Wnu arABiouxF.—1st,g,5s.l93934
8an Fran. A N. P.—1st, g.f 5«.1919
8av. FLA West. -1st, coil. g.6s.l934
Soutuern—Ala. Cent., 1st 6 s.1918
All. A Char.—lat, pref., 7s.. 1897
Income, 0a.........................1900
*8*0*’
Coluin. A Green.—1st, 5-6a.l916
E. Tenn.V. A Ga.-Divis.5s 1930
4 0 **
Rich. A Dan.—Eq. a. f. g. 58.1909
Deben. 5s, stamped ......1 9 2 7
ViPa Mid.—Serial ser.A, 6s. 1906
Seriea B, 6e........ ................1911
Series 0, 6s.........................1916
Series D, 4-5s............... ...1921
Series F, 5 s ...,.................. 1931
Wash.O.AW.—1st our.gti.4s.1924
Ter. As’n of 8t. L.—1st, 4%s.l939
.........
1st. con. g. 5s.............. 1894-1941
8t.L.Mer. Br. Term.,g.5s,gu..193o
...a .
;Texas A New Orleans—
1st,7s..........................
1905
Saoine Division, 1st, 6s.......1912
ConsoL 5s, g ................ .— 1943
Tex. A Pac., E. D.—1st, g. 6s. 1905
Third Avenue (N.Y).—lat 5s, 1937
T.AO.O.—Kau.A M., Mort. 4s. 1990
9 0 * * Tol. Peo. A West.—lat, g., 4s. 1917
Ulster A Dei.—lat,oon.,6.,os. 1928
Union Pacific—lat, 6s............. 189b
lat, 6a.................................... 1897
lat, 6a................................... 1899
Collateral Trust, 6s........ ...1908
Collateral Trust, 5s...........1907
Kama* Pacific—lat 6s, g ...l8 9 5
lat, 6a ,g ........ ....................1896
C. Br. U P -F . o „ 7s..........1893
Atch. Col. A Pac.—1st, 6s... 1905
Atch. J. Co. A W.—lat, 6s... 1905
U. P. Lin. A Col.—1st,g „ 5a. 1918
Utah A North.—1st, 7a...... 1908
Gold, 5s....................... ...1926
Utah Southern—Gen., 7s ..1909
Extern, 1st, 7s........ . ...1909
Valley R’ y Co. of O.—Con. 68.1921
Wabash—
70
Debenture, 8er. A............. 1939
68
Debenture, Seriea B............1939
85
Det. A Ohio. Ext. lat, 5s. g..l940
Bt L.K.C.AN.—8t.C.Bdge6s. 1908
West N.Y.A Pa.,geu.g. 2-3-4a 1943
Income 5a................ *--■ --•^943
1 *2 2 %
West. Va. C. A Pitta.—lat, 6a. 1911
Wheel.AL.E.—1st. 5s, gold ...1926
Extension A Imp, g., 5a.....1930
Wis. Cent, income 5a. .......... 1937

• No price Friiiay; the** aretha Iamt 'lUJtatloaa (O) le this weak. For 'll <cell«neou« and C ollated

B id .

101

Ask.

106

115

80

81

101
105
108

35

103% 106%
103%

126

137
130%

113%

101

102%
105
105

88

*10
103% 105

102

113
93%
87%
104

*85

10o* 102%
106%
113
113*
104

97
106

99%

109
98
96

80

101

103

92
119
76
70

100*
100
100

119%
77%

100*’

‘ 95

*•57
25
35

20
100
62
62

21

22%
98

104%

41
*11

*99

Iton i s —9ee 3d page preceding

THE CHRONICLE,

594

R o ad s.
AND

[V ol . L X III,
Latest Gross Earnings.

Week or Mo

1896.

1895.

Jan. 1 to Latest Date.
1896.

1895.

*
Gulf & Chicago August___
3.447
24,451
3,735
26,371
Hoos.Tun.& wil. August—
1,617
29,944
2,(»72
27,279
Hons. & Tex.Cen J u u e........ 184,680 212,026 1,309,76. 1.587,766
Illinois Central. August— 1,678,326 L,640,067 13,067,232 12,377, 11
1nd. Dec. & West. 3d wkSept
7,58
327,337
11,007
329,029
Ind. III. & Iowa. July..
456.279
56,066
R A IL R O A D E A R N IN G S .
54,416
438.5o0
In.ifc Gt. North’11 3d wkSept 103,071
68.504 2,161,02
2,142,389
The following table shows the gross earnings of United "Interoo. (Mex.) WkSept. 1 ~
51.000
42,6 > 1,591,91
1, 38.462
32,937
States railroads (and also a few Mexican and Canadian roads) Iowa Central... 3d wkSept
35.315 1,259,101 1,112,512
Iron Railway. . August---3,197
31,237
3,804
32,729
for the latest period reported. The statement includes every Jack.
20, 01
T. & K. W. August___
21,223
212,980
287,176
STEAM road from which regular weekly or monthly returns Kanawha&Mich 3d wkSept
7,162
8.002
32i.235
309,326
can be obtained. The first two columns of figures give the K. C.F. Scott &M. 3d wkSept
8 0 ,185
86,331 3v089,22l 3,100,952
25,263
776,079
21,154
692,343
gross earnings for the latest week or month, and the last two K.C.Mem <fc Bir. 3d wk Sept
26,2 18
Kan.
C.
N.
W
....
August.
172,983
22,826
152,032
o lu m n 3 the earnings for the calendar year from January l to
2.866
418
Kau.C.& Beat. August---411
3,343
and n hiding such latest week or month.
17,460
K.
C. Pitts.
3d&G..
wk Sept
509,2 48
9,098
365,307
6,141
257.753
5.581
206,890
The returns o f the street railways are not included in this Kan.C. Sub. Belt 3d wk Sept
7,75o
Keokuk & West 3d wk Sept
9.021
284.407
255,757
table., but are brought together separately on a subsequent page m L.
6,327
E r ie A l l & 80. August..
3,875
38.156
51,103
64.611
L.
Erie
&
West.
3d
wk
Sept
71,5-7
2,445
20'
2,431.195
I Jan. 1 to Latest Date. Lehigh & Hud
Latest Gross Eamxxngs
32.336
34.974
263.627
August..
291,319
R o ad s.
17.388
Lex’gtomfc East. J uly.......
18.842
124,552
116,110
1895.
1896.
Week or Mo 1896.
1895.
Long Island---- August__ 513,423
2,7 3.710 2,784,503
9,42
62,634
Los
Ang.
Term.
August---112,165
$
32.719
34.147 1,078.30" 1, 022,011
107,880!
110,962 Louis. Ev.&St.L. 3d wkSept 401.765
17,851
17,152
Adirondack....... July..........
Louisv.&Nasliv.
14,133,438
3d
wk
Sept
341,760
13,706,019
32,7 63
33,626 1,007,305 1,058,785 Louis.N.A.&Ch. 3d wk Sept
Ala. Gt. South.. 3d wkSept
58,404
73,78
2,209.409 2,272,642
46.7/2
350,908
294,478 Loii.Hen.&St.L.
56,758
Ala. Midland ... July..........
8,900
3d wkSept
8,076
33 .301
298,516
A 1a. N. O.Tex. & Pac. June.
4,815
Macon & Birin.. August___
5,015
36,796
45,564
835,255
20,000
2
2
,0
0
0
1st
wkSept
834,418
N. Orl. <fc N. E.
13.842
Manistiaue.......
15.074
9
1,4-0
August___
96,134
342,665
317,316 Memphis&Chas.
10,000
8,000
Ala. & Vicksb. 1st wkSept
26.183
858.643
3d
wk
Sept
28.260
7
2,745
342,772
323,840
8,000
1st
wkSept
7.000
Vicks. Sh. & P.
189,233
^Mexican
Cent..
7,132,361
3d
wkSept
172,878
6,634,774
212,830 238,885 1,568,734 1,632,567 Mexican Iuter’l.
Allegheny Val.. August__
272,249 213.062 1,5 L9.096 1,292,651
f
une
21,813
818.617
787,415
3d
wkSept
22,990
Ann Arbor........
National 3d wk Sept 104,001
83,446 3,508.892 3,082,521
49.609
49.269 ♦Mex.
7,066
7,112
Ark. Midland... July..........
60,631
Mex. Northern.
478,i07
63.140
398,* 05
Atoh. T. & S. Fe. August___ 2,491,941 2,374,89 2 18,234,717 17,897,075 JMexican R’ way July..........
74,629
WkSept.
12
52,33^ 2,213.337 2,346,366
6o6,341
718,299 Mexican So.......
Atlanta & Char. J u u e........ 102,069 114,825
14.315
374,860
9.072
343,454
2d
wk
Sept
34,745
241,017
214,431
J
u
n
e........
30,906
Atlanta & W. P.
39.882
3d wkSept
44,398 1,369,718 1,324,231
386,651
14,4 31
387,262 Minneap.&St.L.
12,572
Allan. &Danv.. 3d wkSept
M. St. P.&S.St.M. 3d wk Sept
82,016 107.490 2,527,913 1,844,547
55,880
53,236
Atlantic & Pac.. 2d wk Sept
Mo.
Kan.
&
Tex.
263,444
7,789,918 7,522,164
241,532
3d
wk
Sep
25,839
38,0*0
4,597
3,57 7
Augusta Sout’n July..........
3d wkSept 404,000 433.00 15.159.000 15,374.891
22.084
120,517
115,247 Mo.Pac.&IronM
24,039
Austin &N’ west Ju n e........
13.00
Central
Br’ch.
516.00
ll.OOi
3d
wkSept
393,043
330,369
68,400
336,079
73,400
Balt.Ches.& Atl August---Total........... d wk Sept 417,00'
444.00 15.675.000 15,767,934
B.&O.EastLines Jauuary... 1,385,877 1,229,219 1,385,877 1,229,219 Mobile & Birm.. 3
9,680
6,256
202.90
3d
wkSept
186,222
469,216 Mobile & Ohio..
443,068
Western Lines J anuary... 443,068 469,216
275,337 250,312 2,268.760 2,094,558
August__
Total........... August___ 2,237,781 2,244.492
Mont.&
Mex.
Gif
814,251
755,792
89.984
90,863
Bal. & O. Sou’ w. 3d wkSept 118,341 140,184 4,340,067 4.529.317 Nash.Ch.&St.L. August.
401,02b 409.80 4 3,258,583 3,021,501
51,324
412,141 Nevada Jentral. August.
390,601
50,703
Bangor &Aroost July..........
18,089
3,093
2.075
15,799
1,957
13,016 Nev.C'y^ar.Gge July__
12,348
2.258
Bath & Ham*nds July..........
29,366
7,985
8.075
27,910
2,038
13,873
12,238 N. Jersey & N.Y. April...
2.505
Bir. & Atlautic. August___
159,203
141.408
Juue........
R a il w AT LIST.
Brooklyn Elev. S e e S t r e e
C. & H. R . . August__ 3,815,919 4,081,744 28,355,318 27,957,728
289.593 N.Y.
352,309
46,064
52,593
B r unsw" k&West July..........
V. Y. Out. & W .. 3d wk Sept
74,334 2,744,734 2,614,375
70,259
65,134
62,413 2,346.489 2,170,090 N.Y.Susq.
Buff. Rocli.&Pitt 3d wkSept
& W .. August__
180,129 190,406 1,410,861 1,458,475
49,654
256.1 52
321,732
45,963
Buffalo & Susq.. August__
87,112 120,932 3,048.819 2,778,356 Norfolk & West. 3d wkSept 190,411 180.753 7,990,929 6,550,178
Bur.C. Rap. & N. 3d wk Sept
(Ga.) June
28 922
3.738
3,148
24,809
194,089 Northes’nCentral
204,855
72,118
66,526
Camden & Atl.. April........
516,396 578,072 3,965,188 4,12 .268
August__
422,000 14,119,712 11,998,140 North’11
-CanadianPacitic 3d wkSept 425,00
Nortli’11
Pacific.
12,383,205
421,451
548,975
12,044,033
3d
wk
Sept
4,664
4.843
28,393 Oconee & West.
34.690
Car. Midland... August___
22.266
2.653
2,753
16,635
Cent, of Georgia July.......... 362,657 399,120 2,767,605 2,600,579 Oliio River........ August
578,411
23.375
wkSept
23.75 i 701,308
Central of N. J. August__ 1,163,196 1,277,399 8,105.145 8,326,702 Ohio Riv.& Chas 3d
115.743
16.854
116,313
13.523
August...
7,057,909
1,108,649
J
uly..........
6,729,611
1,188,215
Central Pacific.
468.341
4s4 498
55,143
69.499
29,665 Ohio Southern. August...
37,498
4,939
4.259
Chari. Cl. & Sut. August___
290.195 273.1 04 1,877,437 1,844,898
340,855 Oregon Imp. Co. J uly........
356,828
32,875
37,478
Cliarlest’n&Sav. July..........
Dreg.
Ky.&Nav.
354,361
August...
341,39
Ches. & Ohio— 3d wkSept 207,282 192,233 7,330,072 6,817,343 Pacific Mail...... August...
328.546 347.455 2,610,960 2,954.558
178,572 196,818 1,282,553 1,295,484
Ches. O. & So.W Ju ly.........
Pennsylvania.^. August... 5,320.761 6.085.961 40.884.831 41,060,131
Chic. Bur. & Q.d August__ 3,114,266 3,23 >,147 21,459,735 20,1^2,797 Peoria
Dec. &Ev 3d wkSept
18.622
610.020
644.484
16.016
2,634,129
84,017
2,707,548
87,785
3a
wk
Sept
Chic. & East. 111.
380,923!
362 061
45,947
35.576
August__
91,924
90, 03 3,345.103 2.705.318 Petersburg........
Chic. Gt. West’n 3d wk Sept
Pliila.
&Erie_
_
2.282.651
2,233,300
361.778
July.
382.561
19,618,884
21,664,251
642,793
3d
wk
Sept
713,99
Chic.Mil. &St.P.
Phila.
&
Read...
13
023,741
1,755.709
1,906.41
13
525.138
August___
2,750,713 3,070.528 21,099,114 18, 75,225
Chic. &N’thw’ n. August
Coal & Ir. Co.. August___ 1.593.222 1,960.140 13 997,421 14 302.373
439,237
472,728
62,219
72.557
Chic. & No. Pac. July..........
Tot.
both
Co’s.
27,021.162
27,827.511
3,348,931 3,866 55
646,6 4 Ph. Read. &N.E. August
654.798
17,582
2 ,937
Cliie.Peo.&St.L. 3d wk Sept
447,999
59,407
71,607
492,988
_
Chie.K’kI. & P.. August__ 1,407,954 1,455,700 9,847,302 9,404,333 Pitts. C.C.&St. L. August_
August... 1,161,950 1,406,585 9,686,588 9,694.232
Cliic.St.P.M. &0. August___ 679,63- 701,064 4,76*,943 4,132,826 Pitts. Lisb.&W’n August...
27.874
27,922
3.735
3.631
35,942
40,790 1,158,207 1,228,440 Pitts. Sh. &L.E
Chic. &W. Mich. 3d wk Sept
467,82-i
441.288
12,320
9,706
40,050
5.602
42,295 Pittsb. Wes’ n 3d wkSept
6,504
Cin.Ga. & Ports. August___
1,209,555
1,219,973
31,699
3d
wk
"ept
36.711
506,234
13,712
441,093
15,699
Cin. Jack. & Mac. 3d wk Sept
Pitts. Cl. A Tol. 3d wkSept
549.076
12,833
20.08*
635,898
265,500 320,391 2,194.627 2,324,755
Cin.N.O. &T. P. August...
Pitts. Pa. &F 3d wk Sept
248.724
286,258
7,731
8,458
171,334
175,677
22,888
27,890
<5iiL Ports. & V. August__
To;al system.. 3d wk Sept
65,253 2,074,533 2,163,592
52.263
497,929
477,319 Pitt
14.139
13,918
d e v . Can. &So.. 3d wkSept
Young.& A August___ 122.681 215.199
970,009 1,109,235
Cl.Cin.Ch.&St.L 3d wk Sept 245,645 285,814 9,265,128 9,906,07 8 Quincy
163,496
195,596
O.JtK.C. August___
24,787
24,503
140,605 17d,424 1,147,175 1,280,417 Kich.Fr’ksb.&P.
Peo. & East’n. August__
442,50
65,847
441,602
55,825
July..........
992,515
976,365
33,732
22,956
Cl.Lor.& Wheel 3d wk Sept
& Petersb. August___
235,652
25,629
226,676
29.831
136.649 158,899 1,222,186 1,087,513 Rich.
Col. Midland__ August..
Gr. Sonth’n. 3d wk Sept
289.724
329.240
9,300
9,954
Col. II. V. & Tol August---- 198.588 257,335 1,624,435 1,550,337 Rio
Rio Gr’de West. 3d wk Sept
56,200 1,676,830 1,633,462
49,300
577,637 Sag.Tuscola&H.
558,300
19,435
20.443
Col. Sand’y & H 2d wk Sept
70,962
9,792
73,988
8,848
August___
12,577
10.691
3,000
3.000
Colusa & Lake.. August..
3.593
3,483
August___
3,895 St.L.Keu’et&So.
1,212
7,926
811
Crystal............ . July.......
St.L.&SanFran.
3,947,880,
3,773,718
529,037
August—
537,827
446,267
463,116
72,518
75,893
CumbTd Valley July..........
Southwest . 3d wkSept 105,300 101,500 3.123,190 3,309,352
Denv. & Rio Gr 3d wk Sept 142,600 150,700 5,143,413 4,965,160 St.L.
Paul & Dul. August___ 139,436 15d^L8
896.529
901.604
66,255 St.
2,133
81,507
2,842
JDes.M. &Kan.C. 3d wk Sept
San
Ant.
<&A. P August___ 226,631 155.672 1,162,505 1,172,736
285.214
217,998
35.140
August___
37,722
X>es. M. N. & W ..
SanFran.
&
N.P.
533,463
4b
1,975
76.576
August___
87,151
23,512
834,255
82 >,401
Det.Lans’g&No 3d wkSept
25,555
Fla. AWest. July.......... 234,521 285,519 1,999,981 1,989,291
226,342 Sav.
34,565
292,967
39,293
X)et.& Mackinac July..........
Slier.
Slirev.&So.
155,694
198,435
6,340
4th
wkAug
8,342
35,287
36.415 1,495,805 1,278,504 Seab’rd Air Line
DuluthS.S.&Atl. 3d wk Sept
July.......... 244,724 219.456
709,973
869,203
114,485
88,720
Elgin Jol.&East. August..
Sil.
Sprs.
O.
&
G.
13,594
14,121
July..........
August.. 2,687,666 2,816,480 19,821,846 19,234,528
E rie..........
8,000
11.000
August___
35,883
5,869
38.403 Silver ton
8,246
Eureka Springs. July..........
16,807
4,181
2,879
12,210
210.143
6,262
213,301 So.Haven&East August___
6,798
Evans.&Ind’plis 3d wk Sept
So.
Pacific
Co.—
79,76 L
84,670
3,100
2,709
Evans. & Rich.. 3d wkSept
Gal.Har.&S.A July.......... 354,570 342,759 2,737 ,525 2,532,263
19,774
760,486
756,980
24,77
Evansv. & T. H 3d wkSept
Louis’a. West July..........
62,425
63,316
496 ,655
605,867
629.559 658,117 4,772.724 4,675,608
Fitchburg........ . August—
Morgan’sL&T. July.......... 329,757 334,517 2,630 ,069 3,143.560
46,962
49,5-*2 1,887,360 1,791,694
Flint. &P. Mar q. 3d wkSept
N.Y.
T.
A
Mex
July..........
16,682
,525
15,008
110
128,482
31,962 1,466,263 1,3 >8,098
34,888
Fla.Cent. & Pen. 3d wk Sept
Tex.&N. Orl.. July.......... 107,018 114,898
740 ,041
918,747
579,774
498,226
68,148
75,146
Ft.W’th&Den.C. July—
Atl.
Prop'tes.6
/1114127
July..........
456
/1085897
f8
,542
f
9,385,331
219,704
189,917
19,258
21,196
Ft. W. & Rio Gr. August.
Pacific system J uly.......... 2,703,402 2,903,o65 17,489 ,468 17,630,385
7,209
847
5,620
868
Gads. & Att. U. August___
Total of all.e July.......... 3,817,529 3.988.962 26,031 ,924 27,015,716
801,954
966,049
35,211
24,740
Georgia RR ....... 2d wk Sept
So. Pac. of Cal. July.......... 833,551 947,978 5,641 ,339 5,721,632
562,740
25,686
324,985
12,714
Georgia Ala.. 3d wkSept
So.Pao.ofAriz.
July.......... 147,651 150,190 1,315 ,79 4 1,276.434
535,841
52,872
80,866
Ga. Car’la & No. August.
421,868
So.Pac.ofN.M. July..........
663 ,249
80,024
74,427
608.323
579,910
528,810
74.104
Geo. So. & Fla.. August___
66.781
Northern
R
y..
J uly.......... 203,269 189,131 1,163 ,185 1,037.320
33,552
44,683 1,433,426 1,506,812
Gr. Rap. &Ind.. 3d wk Sept
295,754
6,902
320,139 Southern R y___ 3d wkSept 396,728 397.315 12,755 361 12,589,702
Cin.R. & Ft.W. 3d wkSept
9,699
273, 461
168,372
44,86 L 27.140
35,231
984
816
Traverse City. 3d wk Sept
33,381 Spok.FTs &Nor. August___
518 483
505,796
88,533 Staten I.Rap.Tr. J u n e........ 138,213 135,296
91,306
2,171
Mus. G. R. & I. 3d wk Sept
2,428
9,503
20 786
9,327
21,568
43,441
57,794 1,855,718 1,948,964 StonyCl. C.Mt. July..........
Tot. all lines 3d wk Sept
79,852
616t583
61,052
758,651
Grand Trunk.. 3d wk Sept 435,526 416,506 12,903,916 12,603,294 Summit Branch, August___
565 425
Lyk. Val. Coal. August__
55,587
447,846
56 907
62,064
54,388 2,200,634 1,910,028
Chic. & Gr. Tr. 2d wk Sept
Tot’l both Co’s August__
117,959 135,439 1,182, 0.8 1,206,497
650.143
24,317
Bot.Gr.H.&M. 2d wkSept
695,788
27,177
17,033
127, 297
Texas Central July..........
133,146
16,868
2,049
2,854
Cin Sag. & Mac 2d wk Sept
122,766 4,109 660 4,309,518
Texas
&
Pacific.
139,062
3d
wkSept
2,051
2d
wk
Sept
2,011
Tol.S. <fcMusk.
12; 620
Tex.S. Val AN. W May..........
2,564
3.009
17,508
Great North’ li
39.6^4 1,270 ,156 1,247,772
35,473
1,368,369 1,186,069 9,008,347 7,607,246 Tol. dtOhio Cent. 3d wk Sept
st. P. M. <fc M August.
22.967
689 ,100
694,536
21,135
794,993 Tol. P. & West.. 3d wkSept
East of Minn.. August___ 174,741 133,450 1,092,216
42,068 1,499 125 1,275,599
43,060
931,585 Tol. St. L.&K.C. 3d wkSept
167,187 116,690 1,285,423
MontanaCeut. August...
171 ,408
168.665
Tot, system. August.. . 1.710.297 1.436.209'11.385.986 9.383.824 Ulster & Delaw. J u n e........
R

a i l r o a d

I n t e l l i g e n c e .

OcroBna 3, 185)6.J

THE

L a te s t G ro s s E a r n i n g s
ROXDS.

Weekor H

1896.

U n i o n P a o lflo —
Jnly..........1
U n . Pao. R B
O r .S .L .A U (i [July...........j
8 t .J o n .J r tK l.l 9. J u ly ..............|
K a n X '-A O u i July...........|
T o t . 8 t .J .A G . I [1st w kSept
C e n t . 8 r ............. * ! lth wkJuly!
A e h . C o l . A P .1
A c h .J .C .A w i ;juiy.........
C e n .B r .A L 'd L . [July..........
G F d t o t a l .*i July..........1
U .P a o . D . A G . . . [July...........|
W a b a s h __________ [30 wkSept
W a o o A N o r t h w July...........,
W .J e r a e y A S e a 'e August-----1
W F .C e u .A t * iu May..........
W a t V a _ A P itta J u n e. . . . . .
W t e r n o f A l a [Juue......... i
f f « U , y . 4 P . 30 wkSept
W h e e l. A L . B n - till wkSep.
W is c o n s in C e n t 3 0 w k S ep t
W r l g h t a v .A T e n June ......I
Y o r k S o u t h e r n . July..........

1895.

489.137
88.471
7 ,7 1 0

Jan.

1 to

C H R O N IC LE

L a te s t

1896.

Date.

1895.

$

$

7.409.345
3,04 .77.)
34 6.678
.53.127
470.033
402.000
171,014
400.258
12 006.075
1,697,356
8,t>75.0!>0
118,240

7.606,521
2.819,370
315.321
36.671
436,361
304.239
146,200
304,621
11." 32 891
1.685,858
8,82 *.974
115, 92

2-4,634
16,87*
17,000
31,000
25.412
18.821
60,935
39,382
982.9*
.861 0 9
235,071 262,711
239.437 261,851
13.941
13,672
425.311
97,655
88.658
472,374
403,327
35.097
191,83
35.08
172.355
3 9 .7 1 0
257,246
38,384
233,5 »1
6 8 ,6 0 0
61,800 2.154,193 2,338,111
38.554 1,006,630
33.697
970.082
87,519 103.851 3,129 528 3,168,533
5,045
5 174
44,769
38,263
5.316
5.560
• Figures given .to not include Oregon By. A Nav„ Un. Pao. Denver A
Salt, Denver Leadvllle A Gunnison, Montana Union and Leavenworth
Topeka A South veatern u These figures include results on eased lines.
* Include* earnings from ferries, etc., not given separately, j Mexi
can oarrenov. c Includes only half of lines In whioh Unlcn Pacino has
a half Interest.
d Inoludesoperations of the Ohio. Burlington A Northern in both

years.

4 Covers results for linen directly operated east of Plttsbnrg.
« Includes results on adiluted lines.
/C overs besides the Atlautlo System the Houston A Texas Central.
Austin A Northwestern, Central Texas A Northwestern and Ft. Worth
A New Orleans,
Latest Ur088 Earnings by Weeks.—The lateet weekly earn
ing* in the foregoing are separately summed up as follows :
For the third week of September our final statement covers
74 roads, and shows 4 41 per cent loss in the aggregate.
3 d m eek o f S ep te m b e r .

P r e v ’ ly r e p o r t e d (2 9 P d s
A U b a t n * <#t. ( t o u t h e r n ...
A t l a n t i c A D a n v ille ...........
B u r l. (Jed. R a p . A N o r th
C h lo a g o a B a s t . I l li n o is .
O tu caito G r e a t W n M A . .
C h lo . P e o n * j£ 8 t . L o u is
C h ic . A W a i t M i o h ljr a n ..
C ln . J a c k s o n A M a c k in a w
C le v e . C a n t o n A S o a t u 'n
C le v . C ln . C h ic . A S t . L . .
C le v . L o r a in A W h e e lin g
I>«* M o i u m A K » q . C ity .
D e t r o i t L a n s ’ g A X o r t n 'o
D u lu t h 60 . 6 ti<»re A A t i
# ▼ * n * v . A In d U o A p o it o
E v a n s v i l l e A R ic h m o n d
E v a n s v . a T e rre H a u t e ..
Flint A P e r e M * r j u e t t o
F la . C e n t . A J V a i n e u U r .
G e o r g ia A A l a b a m a . . . . . .
G r * n « l R a p id * a I n d ia n a
C in c in n a t i R . A F t . W .
T r a v e r s e C it y .......................
M a sk . U r. K *p . A la d .
G ran d T ru n k o f C a n a d a
I n d ia n * D e c a t u r A W e s t
K a o . C it y F t . 8 . A M e ta .
K a n . C . M eru. A B lr m ____
K e o k u k A W e s t e r n .............
L o u u v i l l e 11 e n d A 8 4 L*..
L o u is v ille A N a a n v t U e ...
L o rn *. S . A lb a n y A C h lo .
M e (n o m a A C h a r l e s t o n ..
M e x ic a n C e n t r a l ................
M e x ic a n N a t io n a l......... ..
M in n . S t . P . A S . 8 . M . . . .
M o b ile A B lr u k in t fh a u j...
N o r f o lk A * r a l e r n . . . . . . .
N o r t h e r n P a c in o ...................
O W o R iv e r ..................................
P U t d .O h c n . A L . E r i e . . . .
S o u th e r n R a i l w a y ..............
T o le d o P e o n * a W e e V n ..
W e s t N . Y . A P e n n s y lv .
W h e e lin g A L a k e E n e . . .
T o ta l

7 4 r o a d s ) .™ ...

B e t d e c r e a s e ( 4 - 4 1 p . a .).

1896
*
3 ,4 5 1 , 4 3 1
3 2 .7 6 3
1 4 ,4 3 1
8 7 ,1 1 2
8 1 .0 1 7
9 1 . 24
1 7 .5 S 2
3 5 .9 * 2
1 3 ,7 1 2
1 4 ,1 3 9
2 4 1 .6 4 5
2 2 ,9 5 6
2 .1 3 3
2 3 ,5 1 2
3 5 .2 8 7

6 ,2 6 2
3 ,1 0 0
1 9 .7 7 4
1 6 .9 * 2
3 4 .* 8 i
2 5 ,6 8 6
3 3 ,5 5 /
6 ,9 0 2
e l6
2 ,1 7 1
4 3 5 ,5 2 6
7 ,5 8 5
8 0 .1 8 5
2 5 ,/6 3
7,75<*
* ,9 0 0
4 0 I ./O 5
5 1 .1 0 4
2 6 .1 8 3
1 9 9 .2 3 6
1 0 4 .0 0 1
8 2 .0 1 b
9 ,0 8 0
1 9 0 .1 1 1
4 2 1 .4 5 1
2 8 ,3 7 5
9 '7 0 *
3 9 6 .7 2 S
2 1 ,1 3 5

1885.

e
3 ,5 6 5 .7 5 9
3 3 , 6 16
1 2 ,5 7 2
1 2 0 .0 3 2
8 7 .7 8 5
9 0 .6 0 3
2 1 .9 3 7
4 0 ,7 9 0
1 5 ,6 9 9
1 3 .9 1 “
2 3 5 .8 1 4
3 3 ,7 3 2
2 .8 4 2
2 5 .5 5 5
3 6 .4 1 5
0 ,7 9 s
2 .7 0 9
2 4 ,7 7 1
4 9 .5 3 2
3 1 .9 6 2
1 2 ,7 1 *
4 4 ,6 8 3
9 .0 9 9
914
2 ,4 2 8
4 1 6 .5 0 6
1 1 .0 0 7
8 6 ,3 3 6
2 1 ,1 5 3
9 .0 2 1
8 .0 7 6
3 9 1 ,7 6 0
7 3 .7 8 5
2 S .2 0 O
1 7 2 .8 7 8
> *3 .4 4 6
1 0 7 .4 9 0
6 .2 5 0
1 8 0 .7 5 3
5 4 3 .9 7 5
2 3 ,7 5 5

4
1 0 8 ,3 1 0

2 2 ,2 1 5
6 ,9 4 8 .8 1 1

7 .2 7 0 ,5 1 3

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

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

Decrease.
*
217,638
861

1 ,3 5 9

33.820
3,763
j ,3 2 1

22 J

4.355
4.848
1.987
4". 169
1 0 ,7 7 6
709
2 ,0 1 3

1,1 8
536

391

"i',996
2 ,6 2 0

2 .9 2 6
1 2 ,9 7 2
1 1 .1 3 1
2 .7 9 7
168

237

1 9 ,0 2 0

i u o

” 3.422
6.151
” i'.27i

324
1 3 .0 0 5
1 5 ,3 8 1

2,077
1 0 ,3 5 5
2 0 ,5 5 5
3 ,4 2 4
9 ,6 5 8

1 2 ,3 2 0
3 9 7 .3 1 5
2 2 ,9 0 7
6 1 ,3 0 0
3 2 ,3 1 8

60.600

In crea se.

6 ,8 0 0

...........|
2 1 9 ,7 5 1
.................1

25,474
127.524
380
2,614
587
1,832
’ii\ i3 i
~4L453
321,702

595

----- Gross Earnings.-----, ,
Yet Earnings.„
1896.
1895.
1896.
1895.
Roads.
$
$
$
cent, of Georgia, a.July 362,857
399,120
110?ll0
119,954
Jan. 1 to July 31 . . . 2,767,605 2,600,579
721,505
343,661
Central of N. J .a ....A u g. 1,163,196 1,277.399
492,113
568,826
Jan. 1 to Aug. 3 1 .... 8,105,145 8,326,702 2,852,552 3,216,018
Ohes. A O h io .a .......Aug.
862,258
868,747
303,184=
292,862
Jan. 1 to Aug. 3 1 .... 6,718,971 6,2i0.6i4 2,126.672 1,975,517
July 1 to Aug. 3 1 .... 1,702,311 1,616,788
504,714
515,016
Ohio. Burl. AQuln.b*Aug. 3,111,268 3,232,147 1,320 651 1,346,866
Jan. 1 to Aug. 31....21,159,735 20,552,797 7,291,054 6,902,474
Ohio. M. A St. P.a...A ug. 2,521,366 2,662,936
845,763 1,021,634
Jan. I to Aug 31__ 19,631,697 17,192,5 )1 6,769,050 6,716,180
July 1 to Aug. 3 1 .... 5,070,592 1,952,226 1,666,626 1,758,628
Oieve. Canton A 80.. Aug.
61,693
70,051
13.320
21,021
Jan. 1 to Aug. 31___
155,388
438,531
93,817
91,933
July 1 to Aug. 31 ___
127,957
133,673
26,728
38,784
Clev.Cln.C.ASt. L.a Aug. 1,120,960 1,292,291
290,235
365,935
Jan. 1 to Aug. 31 . . . 8,511,151 9,018,636 1,991,568 2,200,478
July 1 to Aug. 3 1 .... 2,189,114 2,154,4i8
533,048
606,143
Peoria A Eaat'n.a.Aug.
110,605
178.421
31,153
46,909
Jan. 1 to Aug. 31___ 1,147,175 1,230,417
256.760
330,562
July 1 to Aug. 31___ 277.003
341,415
59,781
88,283
Clev. Lor. A Wheel. .July 119,962
159,272
31,050
55,702
Jan. 1 to July 31__
810,547
737,484
228.917
216,925
Den. A R. Grande, b. Aug.
624,458
663,570
251,557
287,110
Jan. 1 to Aug. 31__ 4,715,813 4,321.460 1,876.325 1,904,037
Julv 1 to Aug. 31___ 1,246,894 1,312,159
510,313
581,556
Des Moines A K. C...July
8,506
7,975
894
3,354
Jau. 1 to July 3 1 ....
61,871
48,610
18,101
7,943
Erie............................Aug. 2,637,668 2,816,480
862,187
772,710
Jau. 1 to Aug. 31__ 19,821,816 19,231,528 5,178,352 4,546,120
Deo. 1 to Aug. 3L . . . 22,3*0,573 21,167,838 5,784.591 5,017,972
Georgia.a ................Aug.
112,130
93,315
30,675
14,196
Jan. 1 to Aug. 31___
900,-.36
753,936 1207,554
t94,076
July 1 to Aug. 3 1 ....
205,517
180,632.
t49,965
129,407
Jack. Tam. A K. W..Aug.
20,101
21,2 23 dof.1.099 def.2,761
Jan. I to Aug. 31 . . .
212,960
237,176
11.761
31,331
Keokuk A West’ S.b..July
26,162
23,151
1.783
6,036
Jan. I to July 3 1 ....
227,379
185,833
85,036
43,403
Louisv. A Nashv.b.Aug. 1,650,738 1,727,160
460,517
578,502
Jau. 1 to Aug. 31 ...1 2, *19,018 12,199,219 3,961,580 4,080,100
July 1 to Aug. 31 . . . 3,278,338 3,110.102
960,516 1.168,516
Mexican Central___Aug.
833,826
770,115
306,021
293,448
Jan. 1 to Aug.31___ 6,533,021 6,103.755 2,335,733 2,490,678
Minn. A 8t. Louts....Aug.
170,116
191,811
77,538
83,985
Jan. 1 to Aug. 31 . . . 1,225,028 1,180,851
415,728
467,382
July 1 to Aug. 3 1 ....
327,753
317.304
131.380
141,758
N. Y.Ont. A West.a Aug.
399,928
371,900
142,327
143,555
Jan. I to Aug. 3 1 .... 2,528,358 2,409,300
713,372
668,156
July 1 to Aug. 3 1 ....
796,250
730,311
290,139
262.043
Paoltto W all............. Aug.
328.540
317,15.5
23.066
28,313
Jau. I to A llg .3 1 .... 2,610,960 2,951.558
355.380
525,434
Slav 1 to Aug. 31 .. . 1,292,278 1,484,872
176.918
258.043
Pennsylvania—
Lines directly operated—
East of Pltts.AE.Aug. 5,320,761 6,085,961 1,951,915 2,395,515
Jan, 1 to Aug. 31. .40,884,831 41,060.131 10,907,002 11,600.702
West of Pltts.AE.Aug.
Deo. 695,700
Deo. 510,800
Jan. 1 to Aug. 31..
Deo. 320,500
Dec. 413,400
All Hues operated—
East of Pitts *E.Aug.
Deo. 891,500
Deo. 551,100
Jan. I to Aug. 31..
Deo. 388,200
Dep.l,214,500
West of Pitts. AE. Aug.
Deo. 822,900
Deo. 577,400
Jan. 1 10 Aug. 31..
Deo. 465,600
Deo. 505,000
Peoria Deo. A E v . ..June
65,212
01,704
12,978
11,510
409.170
431,472
99,978
127,826
Jan. 1 to June 30___
Phlla. A Reading... Aug. 1,755,709 1,906,417
809.466
909,373
Jan, 1 to Aug. 31....13,023,741 13,525,138 5,157,151 5,874.722
Deo. 1 to Aug. 31....11,850,996 15,077,066 6,272,888 6,179,583
Coal A Iron Co ....Aug. 1,593,222 1,960,110
63,954 def.96,872
Jan. 1 to Ailg. 31....13,997,421 14,302,373 (lf.291,913 df.300,342
Deo. 1 to Aug. 31....16,213,770 15,890,029 dt.37l,333 df.487,769
Total both Cos ...Aug. 3,348,931 3,868.557
873,120
812,501
Jan. I to Aug. 31....27.021,162 27,827,511 5,105,238 5,574.380
Dec. 1 to Aug. 31....31,070,775 30,907,695 5,898,555
.............." .........'
5,991,814
41.955
19,726
Rio Grande South, b. Aug.
42,515
24,959
260,370
115,996
Jan. 1 to Aug. 3 1 ....
30 >,030
125,641
76,897
July l to Aug. 31___
80,121
31,078
43,021
227,990
72.272
Rio Grande West. b.. Ang.
218.323
90,745
Jan. I to Aug. 3 1 .... 1,532,930 1,481,062
520,176
517,899
169.883
436,064
136,824
July 1 to Aug. 3 1 ....
124,596
537,827
240,082
232,373
8t. Louis A *au Fr... Aug. 529.037
Jan. 1 to Aug. 3 1 .... 3,917,880 3,773,718 1,504.729 1,422,491
451,842
400,554
1,029,226 1,011,175
July 1 to Aug. 31.
155,672
115,224
44,156
San Ant. A Aran. P..Aug.
220.031
234,270
277,963
Jan. I to Aug. 3 1 . . . 1,162,505 1,172,730
1,526
def.433
17,033
16,363
Texas Central ........July
28,553
9,823
133,116
127,297
Jau. 1 to July 31---466.735
352,728
Wabash, b................ Aug. 1,063,203 1,273,867
Jan. 1 to Aug. 3L___ 7,938,519 8,020,901 2,105,610 2,145,902
784,549
668,013
July 1 to Aug. 3 1 .... 2,108,703 2,347,890
207,211
425,314
W. Jersey A Seash'e. Aug.

Net Earnings lo a t h ly to Latest Dates.—The table follow
ing shows the net earnings of S team railroads reported this
a Net earnings here given are after deducting taxes,
week. A full detailed statement, including all roads from
b Net earnings here given are before deduotiug taxes,
which monthly returns can be obtained is givea once a month
f Including other inoome, the net from January 1 to August 31 was
in these columns, and the latest statement of this kind will $299,360, agalust $185,882, and from July 1 to August 31 was
be found in the Chboniclb of September 29, 1996. The next $80,395, agalust $59,837.
• Inoludes chloago Burlington A Northern for both years.
will appear in the issue of October 24, 1896.

.---- .Yet Earnings. — >
Interest Charges and Sarplng.—The following roads, in
1896.
1895.
addition to their gross and net earnings given in the foregoing,
«
*
722.852
101,756 also report charges for interest, &c., with the surplus or deficit
4,669,789 2.895.91)4
596,761 above or below those charges.
July 1 to Adg. 31.__ 4.644,48 2 4,444,299 1,235,941
- Inter't, rentals, <tc. r-Bat. o f Ret Earns.-,
161.795
235,872
Balk O h io A S o u t h w .A u g .
5 2 5 ,1 5 9
5 9 2 ,2 1 5
1896.
1895.
1895.
1890.
1,165,512 1.439,538
J s n . 1 to A u g . 3 1 . . . . 3 ,9 8 2 .4 .5 3 4 ,1 0 8 ,7 3 1
$
$
$
Roads.
293.091
416,516
J u ly 1 t o A u g . 3 1 . . . . 1 , 0 1 0 , 2 9 7
1 ,1 1 1 ,1 6 0
15,208
11,715
11,335
12,349
B u ffa lo A S u s iiu e h 'a . A u g .
87.017
92,356
B a n . Koch. A P i t t s . b . A u g .
2 9 6 ,9 0 5
2 7 5 .0 1 5
21,524
12,692
22,232
25,337
J u ly 1 to A u g . 3 1 . . . .
687.311
529.789
J s n . 1 to A u g . 3 1 . . .
2 , 1 5 3 , 0 4 ! 1 .9 8 2 ,0 5 1
140,651
473,912
872.954
880,000
207,218
193,086 C h lo . B u r l .A Q u ln o y A u g .
J u ly 1 to A u g . 3 1 . . . .
6 1 0 ,2 3 2
5 6 6 .7 3 1
251,054 def.81,162
J a n . 1 t o A u g . 3 1 ------ 7 ,0 1 0 ,0 0 0 0,933,630
27,557
23 050
B u ffa lo A S n w io p h ’ a. A u g .
4 9 ,6 5 4
4 .5 ,9 6 3
57,077
132,111
233,824
233,158
J s n . I to A u g . 31 . . .
3 2 1 ,7 3 2
2 5 0 ,1 5 2
137,821
100.090 G le v .O ln .C h . A S t , L . A u g .
73,330
137,242
408,901
484,718
J u ly 1 to A u g . 3 1 -----46,861
31.924
J u ly 1 t o A u g . 3 1 . . . .
9 1 ,2 2 7
8 2 ,1 7 4
def.5,649
10,107
36,802
36,802
P e o r ia A E a s t e r n . . A u g .
314.861
647,377
Canadian Pacific..a .t a g . 1 , 8 8 7 , 4 8 5 1 , 6 7 5 . 3 6 3
14,079
73,604 def. 13,820
73,601
■M J u ly 1 to A u g . 3 1 . . . .
1,623,033 3,711,228
J a n . 1 t o Ang. 3 1 . . . . 1 2 , 8 4 2 , 7 1 2 1 0 , 7 7 5 , 1 4 0
.------ G ross E a r n i n g ,
1896.
1895.
•
•
A to h ts’ n T o p A 3 F b l u r . 2 ,4 9 1 ,9 1 1
2 ,3 7 4 ,8 9 2
J s n . 1 to A u g . 3 1 ....1 8 ,2 3 4 .7 1 7 1 7 ,8 9 7 ,0 7 5

R oa d s.

596

1H E

Roads.
Denver & Rio Gr’de. Aug
July 1 to Aug. 31.
Rio Grande South... Aug
July 1 to Aug. 3L...
W.Jersey &Seaahore, Aug.

CH R O N ICLE.

— Gross Warnings.---- -.------ Net Earnings.-----1896.
189e.
1895.
1895.
$
$
$
$
82,405
20 >,696
50.861
214,705
197,504
384,052
129,415
381,428
14,343
10,611
14,107
5,619
5,779
14,232
23,299
28,789
183,291
23,920

STR EET ft U L W A X S A Mil TRAC TIO N CO M PAN IES
The following table shows the gross earnings for the latest
period of all s t r e e t railways from which we are able to obtain
weekly or monthly returns. The arrangement of the table is
the same as that for the steam roads—that is, the first two
columns of figures give the gross earnings for the latest
week or month, and the last two columns the earnings for
the calendar year from January 1 to and including such latest
week or month.
STREET RAILWAY8 AND TRACTION COMPANIES.
G ross
E a r n in g s .

Latest Gross Earnings.
Week or Mo

1896. | 1895.

Jan. 1 to Latest Bate
1896.

1895.

[V o l , LX1I1,

C hronicle of September 26. 1896. The next will appear in
tbe issue of October 24, 1896.
— Gross Earnings.---- * ----- Net Earnings.----- n
1896.
1895.
1896.
1895.
Roads.
$
$
*
$
Aurora St. Ry. (111.).Aug.
6.107
6,62 3
1,400
1.773
Apr. 1 to Aug. 31---30,248
28,456
5,757
3,447
44,632
Chic. & So. Side R. T. Aug.
54,264
9,852
11,264
Jan. 1 to Aug. 31___
468 718
486,185
155,721
118,524
Cleveland Electric.. Aug.
152,961
140,738
F3,516
58,120
Jan. 1 to Aug. 3 1 .... 1,103,941
969,724
388,275
343,344
Detroit Railway __ Aug.
11,669
36,815
Jau. 1 to Aug. 3 1 ....
287,061
86,948
Herkimer Mohawk Ilion
A Frank. EL Ry .Aug.
3,553
911
3,291
2,156
28,772
Jan. 1 to Aug. 31___
10,931
Metrop'n St Rv..K.C. Aug.
164,153
162.588
75,027
74,791
Jan. 1 to Aug. 31---- 1,179.262 1,127,657
494,069
440,792
487,252
June L to Aug. 3 1 __
481,818
218,900
211,402
Montgomery St. Ry. Aug.
5,769
4,585
2,720
2,172
Jau. 1 to Aug. 3 1 ...,
38.057
32,496
13,424
19,286
New London St. Ry.Aug.
9,429
9.810
6,154
5.671
Jan. 1 to Aug. 3 1 ....
38,803
36,394
15.747
14.410
Rapid Ry. (Detroit) —
Sept. 1 to Aug. 31 —
70,172
33.542
177,336
Twin City Rapid Tr. Aug.
178,511
105,157
106,943
Jan. 1 to Aug. 31 — 1,315.338 1,280,438
734,376
714,712

64,686
11,897
Akron Bedf’ d& Clev. August—
8 4,740
Akron »t.Ry.& 111. Co J u n e........ 18,057 15,221 102,048
80,744
72,223
Allent’n & Leh. Tr't’n May.......... 21,234 19,119
28,515
26,486
4,355
Amsterdam 8t. R y... July..........
5,178
A N N U A L R EP O R TS.
Atlanta Cod. St. Ry.. July.......... 32,301 35,743 209,646 186,741
7,30o
8,600
Atlanta Railway........ August___
A n n u a l R e p o r ts .— Th.e follo w in g is an in d e x to all a n n u a l
6,623
6,107
Aurora St. Ry. (Ills.). August___
Baltimore Traction... A U g U -t___ 123.174 L ll,48i 844,389 758,078 reports o f steam railroads, street ra ilw a ys and m iscellaneou s
14,187
2,455
14,013 c om panies w h ich have been published siuce th e last edition s
2,599
Bath 8t. Ry. (N. Y .).. August__
62,615
60,701
9,587
9,66c
Bay Cities Comol___ August___
98,257
84.709 o f 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 .
Binghamton 8t. Ry... August___ 16,854 13,953
6,906 245,991 226,536
Bridgeport Traction. 4th wkSep.
6,078
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 .
31,202 20 h,34 - 177,095
Brockton Con 8t. Ry. August___ 33,62
R a k .r o a d s a n d M is c e l . C o ’ s .
R a il r o a d a n d M is c e l . C o ’ s ( O o n .)
Brooklyn Elevated July.......... 127,910 L59,745 1,040,52b 1,282,454
Volume 63 —
Page.
Volume 6 4 —
Page.
Br’klyn Rap.Tr. Co.—
A laba m a & V ick sb u rg........................ 555
gdensburg & L ake C h a m p la in ... 503
Brooklyn Heights.. Septemb’r. 381,527 390,463 3,340, 487 874,986 A lb a n y & S usquehann a..................... 355 O
O hio Falls Car M f g ........................ 188
Br’klyn Qu’ns & Sub Septemb'r. 64 69(i 63,309 539, 061 455. l o l A m e rica n G ro ce ry C o ........................ 556 O regon Ry. & N a v ig a tio n ........... 453
,330,087 A m erican Spirits M an u factu rin g.. 1
P e o r ia & E a stern ............................. 656
Total for system . Septemb’r. 46,217 453,772 3,379, 54
680 509 637,761 A tch . T op ek a & S. B’ e ...........(5 m s, 267 P e te rsb u rg R R ...................................... 555
Buflalo R y .................. Ju n e........
altim ore & L e b ig h ............................ 227 Ph ila. Readin g & N ew E n gla n d ___ 60S
Chester Traction.. .. August___ 24,019 26,095 141, 912 135,126 B
a ltim ore & o h io S o u th w e s te rn ... 600 P ortlan d & Rum fo r d F a lls............. 502
Chic. & So. Side R.T.. August___ 44.632 54,264 468, 718 486,185 B
B o sto n & A lb a n y ........................ 227, 3 9 Railw ay Equipm ent o f M in nesota 227
Cin. Newport & Coy.. J u ly ......... 65,232 59,026 373. 401 342,635 B o sto n & M a in e ............................354, 552 R
en sselaer & S a ra to ga ................. 355
1,95 V
is; 762
1,97
City Elec. (Rome,Ga.) August..
Buflalo R o c h e s te r & P itts b u rg ....... 22rf R ic h m o n d Fredksb.
P o t o m a c ... 602
Calum et & H e cla M in in g.................. 188 R ich m o n d & P e te r s b u r g .................. 555
97.632 96,67" 538, 864 485,37
Cley elaDd City R y... J u n e___
Cleveland Electric... August---- 152,962 140,739 1,103, ,943 969,724 Central o f G eorgia R a ilw a y ............ 400 R io G ra nde Southern ...................... .*97
en tral N. Y. & W e s te rn ................. 3 *9 St. L o u is & San F ra n cisco ................ 455
53.1 rtv 53,154 425 347 406.698 C
Columbus St. Ry. (O.) August.
V e rm o n t ............................... 226 St. L ou is S ou th w estern ..................... 501
42,05P 47,319 244 ,371 271,801 Central
Coney Island & B’ lyn. August.
Chesapeake & O hio ............ 291, 309, 314 St. P aul M inn. A M a n ito b a .............. 4v8
Consol. Traction. N. J May. ...
254,753 215,355
C h icago & E astern Illin o is .............. 455 Saa A n to n io & Aransas Pass ....... 161
5,914
C h icago G reat W e s te rn ..................... 39* San F ra n cisco & N orth P a cific ....... 1**7
Dayton Traction....... August___
501
Denver Cod. Tramw. August___ 63.265 68,02b 477,972 474,928 C h icago M ilw . & St. P. . 429, 4^4, 461 Seaboard <fc R o a n o k e ....................
C h icago & N orth W estern..289, 309, 311 S o m e rse t R a ilw a y ............................... 556
36.815
287,06
Detroit Ry................ . August...
h icago & Eastern Illin ois................226
S outhern R a ilw a y............................... 364
Duluth St. Ry........... August___ 23,875 25,282 lo7,271 156,560 C
Clev. Cin. C hicago & St. L.635, 552, 561 Staten Island Rapid T r a n s i t ......... 355
4,331
4,857
Enteip. RR. (Chas’ n. July..........
C olorado F u el a Ir o n C o ................... 400 Street R y . & lllu m in at’g P ropert’ s. 656
99,254 D enver & Kio G ra nde........ 3e3, 397, 40* Syracuse B m gh.im pton & N. Y. . . . 267
Erie Elec. Motor Co.. August---- 17,8 23 18,948 106,567
Fort. Wayne <onsol. July ........ 19,282 13,012
95,514
66,790 D ia m on d M atch C o ............................. 401 T o le d o .fe O hio C en tral....................... 457
r lgin J o lie t & E a s te rn ....... ............ 5 2 T o le d o P e o ria & W e s t e r n ................ 501
Herkimer Mohawk 11
E rie R a ilroad ................................. 477, 498,512T row D ire cto ry P rin tin g & B ook b . 355
ion A F’kfort Ei.Ry August___
28,772
3,553
3,291
Fall
B rook.........
.............................. 355 U lster & D elaw are..................................556
9,800
HiDg'm (Mass.) S. Ry. July..........
F it c h b u r g ................... ........................ 45^ V ick sbu rg S h re ve p o rt & P a cific— 555
Hoosick R y ................ August___
” 5,993
1,008
G e o rgia S outhern & F l o r i d a ........... 554 W a bash R R ........................... 427, 455, 460
Houston City St. Ry.. July—
19,910 21,329
G reat N o rth e r n ............................480, 498,505W agner P a la ce Car C o ....................... 503
H o u sto n E. & W . T e x a s ................. 267 W e s t Va. Central * P ittsb u rg ....... 456
Interstate Consol, of
Indiana & Lake M ich ig a n ................ 142 Zan esv ille & O hio R iv e r
............ 556
North Attleboro... August---- 13,658 13,533
83,558
K ananha & M ic h i g a n ....................... 603 W e ste rn N. V.& P en nsylva nia . .. 226
Kingston City Ry__ August---5,653
4,870
K. C. Ft. S co tt & M e m p h is.............. 604 W h e e lin g & L ake E r ie ............... 500, 553
81*,775
Lehigh Traction....... August___ 12,731
K . C, M em phis & B irm in gh a m ........ 504
st r e e t Ra il w a y s .
Lock Haven Traction April
5,292
1,467
L a k e Erie & W e s te rn ........................ 554
London St Ry. (Can.). August___ 10,176
5,173
35,432 L e h ig h -V. H u d so n R iv e r ................... 602 B rook lyn City & N e w to w n ................ 557
58,9y5
L e h ig h V a lle y ..................................... 553 B ro o k ly n E levated .........................
356
Louisville Railway.. . August___ ,103,061 105,647
Lowell Law. <feHav.. August---- ! 48,^42 52.575 285,250 285,411 L o n g Island R R ............................... 601 B rooklyn Q ueens Co. & S uburban . 558
L
o
u
isv
ille
N
ew
A
lb
a
n
y
&
C
h
icago.
©00
B
uffalo
&
N
iagara
Falls
E
le
c
t
r
ic
...
558
Lynn & Boston.
1st wkSept 3 \44 8 40 28 1,022,39» 989,993 M anhattan E levated (N. Y . ) ........... 310 " e n v e r C on solidated T ram w ay ... *66
Metrop. (Kansas City) 3d wk Sept 33,210 37,996 1,283,3 0 l,2o8,26l M
em phis & C h arleston ......................554
Dry D ock E. B. & B a tte r y ................40L
Montgomery St. Ry Augusc___
5,; 69
4,585
32,496 M in neapolis .V St. L ou is ... ....... 399 K ings Co. E levated (B rook lyn *— 502
3s, 05?
Montreal Street Rv.. August___ 120,724 109,316 841,84- 73o,005 M in neapolis St. P . & S. Ste M arie.. 601 M etrop olitan T ra ctio n (N. Y. City) 557
M
iddletow n G osh en T ra ctio n (M id
M
o
b
i
le
*
O
h
io
.......
..........................
225
Nassau Elec. (B’klyn) August___ 199,9
49,112
N ashv. Chatt. & St. L .........4*4. 499, 509
d letow n. N. Y . ) .. ..
568
Newburgh Electric... August___ 11,934 14,752
N
ew
bu
rg
D
u
tch
ess
&
C
on
n
ecticu
t.
556
N
assau
E le ctric 'B ro o k ly n . N. Y .) . 557
New England St.
ew Je rse y & N ew Y orR .................... 603 N orth w estern E levated (Chicago)
Winchester A ve__ August___ 35,959 33,526 176,234 161,090 N
Construs tio'i O <........
N ew L o n d o n N o r t h e r n ..................... 4<>u
5^3
Plym’ th & Kingston August___
4,854
4,845
23,605
21,298 N ew O rleans & N orth E astern. ... 555 R o ch e s te r R a ilw a y ................................ 503
Total...........
Steinw ay Rv. i Long Island C it y ).. 557
1st wkSept 7,<9*
9,945 206,937 192,333 N ew Y o rk B iscu it C o ........................ 40
N
ew
Y
o
rk
&
Canada..............................
355
T h ird A v en u e (N. Y. C ity )................ 401
New H aven ACent rev . August---4,872
4,784
30,333
38,228
N. Y. N ew H a v e n & H a r t fo r d ....... 499 T r o y City R ailw ay .............................. 558
New Haven St. Ry. .. May.......... 20.01
15,942
74,846
63,220 N.
O ntario * W estern . 4“>4, 498, 510 U nion T ra ction (P h ila .)............457, 557
New London St. R y.. August---9.810
36.394 N. Y.
9,4^9
38,803
Y. S usquehanna & W e s t e r n ___ 3*8 U tica B elt L in e Street ..................... 503
New Orleans Traction July.......... 116,106 120,088 797,832 761,445 N orth P a cific C o a s t............................ 400 Yon kers R R ........................................... 658
N. Y. A Harlem.
J u u e........
475,517 554,930
N. Y. A Queens C’y ... August___ 49,151
New York Central & Hudson River Railroad.
Ogdensburg St. R y.. July..........
2,768
l6 ’,8*15
( F or the year ending June 30,1896 J
Paterson R y ............. August___ 31,247 30,189 2l8,85<v 192,407
Po’keepsie A Wapp. F. Ju n e........
8,406
39,446
Full extracts from the animal report of the Directors, with
Roanoke Street.......... August___
3,892
23,979
27,590
4,023
Rochester Ry............. July.......... 70,704 71,656 498,300 478.923 many valuable tables of statistics, will be found on subse
Schuylkill Traction... August___
9,945
61,336
59,036 quent pages of the C hronicle .
9,308
Scnuylkill Val. Trac.. August___
8,756
43,379
5,611
31,250
The statistics of traffic, earnings, income, etc., are shown
Scranton A Pittston.. August__
6,564
Scranton TractiOD,... August___ 31,654 28,95 4 226,750 188,025 in the following tables, compiled for the C h r o n ic l e :
Second Aye. (Pittsb.) August___ 50,691 41,586 340,27b 200,440
OPERATIONS.
Sioux City Traction August___
6,195
50,522
52,459
6,436
1895-96.
1894-95.
1893-94.
1892-93.
Syracuse Consol... . August---9,234 13,793
83,467 110,237 Miles oper. June 30.
2,395
2,392
2,396
2,096
Syracuse E’st-sideRy August___
3,717
4,201
25,655
Equipment—
Syracuse St. RR........ August...
26,991 25,614 202.53
155,518 Locomotives.............
1,122
1,174
1,211
1,197
Terre Haute Ei’c. Ry May.........
13,777 12,848
47,960 Passenger equip’t ...
60,950
1,447
1,483
1,427
1,488
Third Ave. (N. Y,).__ J u n e.......
1,292,915 1,273,004 Freight A other cars.
38,182
39,302
39,028
40,172
Toronto R y................ August___ 85,58> 92,533 643,508 637,789 Floatiog equipment.
141
141
143
138
Twin City Rap. Tran August---- 177,336 178,511 1,315 338 1,280,438
Operations—
Union (N. Bedford)... August... 23,524 20,631 J41,50a 121,180 Passengers carried. 23,906,471 23,809,465 23,602,243 23,671,333
United Tract. (Prov.) July........ . 168,695 158,395 996,44“ 900,013 Passenger mileage..724,227,685 686,589, >44 742,5 4?,lo3 745,080,941
Unit. Trac. (Reading) August...
22,462 22,854 133,075 122,401 Rate per pass. p. m. 1*89 Ota.
1*89 eta.
i ‘90 c t s .
1-89 cts.
Utica Belt Line......... J u n e........
75,127 Fr lir (fons) m »ved*. 2 2,123.617 19.741.495 18,728.592 21,312,072
81,751
Wakefield A stone__ August...
8,049
37,468 Fr’ht(tons) mil’ge*.3874532962 3329206079 3275998571 3833105713
40,829
7,547
Waterbury Traction.. August___ 21,716 23,431 160,906 156,593 Av. rate p. ton p. m . 0*67 ots.
0-71 ots.
0*73 ots.
0*74 ets.
Wheeling Railway.. August___ 15,149 15,9 L8 112,455
98,834
Wllkesb. A Wy. Vallej August... 47,131 45,614 331,737 281,376 “ 'Exclusive of company’s freight.
Worcester Consol.__ Julv........
42,573 284.053 239,214
EARNINGS AND EXPENSES.
1893-94.
1892-93.
1894-95.
1895 96.
S tre e t R a ilw a y Net E a r n in g s .— The following table gives
Earnings—
$
$
the returns of S t r e e t railway gross and net earnings received Freight................... 25,934,710 24,268,710 24,104,509 27,372.071
14,151.280 14,047,572
this ween. In reporting these net earnings for the street rail Passengers............. 13,705,021 12,965.112
1,73 6,780
R ents....................... 1,853,580
1,767.811
2,05t,355
ways, we adopt the same plan as that for the steam roads— Mail and express___ 2,84^,4=50 2,774,862
2,826,859
2,542,204
that is, we print each week all the returns received that Telegraph................
14,701
14,457
15.542
15,324
680,642
665,187
599,746
665,128
week, but once a month (on the third or the fourth Satur [Dterest ..................
8 4,429
305,422
132,395
Miscellaneous........
76,536
day) we bring together all the roads furnishing returns, and
the latest statement of this kind will be found in the
Total earnings.. 45,144,967 42,489,537 43,678,200 46,936,694

TH E

OCTOREB 3 1896.)

CHRONICLE.

1892-93.
1893-94.
1894 95.
1895-96.
$
*
«
Expenses—
$
4.396.990
4,384.996
M in to fw «y & itn ic 5,327.696
4.229.942
4,251.469
Mai*>t of equipment. 4,639,ol7
J
-30,631,733
Truffle expense* ... 17.6S6.SM2 17,660*06 18,342.456
1,02-*.558
972.578
General expense*... 1.091,859
1,527,424
1,528,800
1,663,144
Taxes........................ 1,730.106
Total . . . . . . . . .. 30,455,570 28,810,443 29,503,406 32.291.877
Net earnings........... 14,689,397 13,679.09 4 14,169,793 14,641,317
67*57
67*46
67*81
688 J
P.ct. exp. to earns..
INCOME ACCOUNT.
1993-94.
1894 95.
1895 96.
1892-93.
$
s
$
Receipts—
$
Net earning*............. 14,689,397 13,679,094 14,169.793 11,641,817
87,727
193,382
227,423
Miscellaneous..........
Total income---- .14,689,397 13.872,476 14,257,520 14.872.240
Disbursements —
5,988.451
5.745,935
5,391,137
Rental* pa d ........... . 5.067,608
1.169,2 15 4.214.716
4.179,595
Interest on debt ___ . 4.153.776
224,219
191.393
198.983
214,893
N. Y 9ta»e Tax........ .
4,588,826
4.471,415
Dividends*................ . 4,0O0,000 4,339,°91
300.000
300,000
300,1 00
Detent ore fund----- .
300,000
26,313
Total disbursem’ ts.14,645,603 14,896,670 15,043.860 14,58 5,333
Balance................... . 9ur.A3.794 df.1.024,194 df.786,310 sur.233,377
•In 1892-93 and 1893-94 5 p. c.; In 1394-95 4 ^ p.c.; in 1895-96 4 p o.
CONDEN SED G E N E R A L B ALAN CE SH E E T JU N E 30.
1896.
f

A s s t Is—
R o a d a n d e q u i p m e n t ........................... 1
S p e c ia l e q u i p m e n t ....................... ..
S t o c k * a n d b o n d * o w n e d ..............
A d v a n c e * to o t h e r lin e * , r e a l e s 
t a t e . AC........................................
D a « b y am enta. A c ................................
F u e l a n d s u p p lie d o n h a n d ..............

1895.
$

1894.
$

8.617.691 158.233.549 158,020.473
4,508.464
4,206.464
4.806.464
9,906.412 9,906,112
9.832,546

K W. SlOft. s q t la . a o , s6<M ......

6.013,061
4.613,194
2.345,900
4.369.327
1/3*2.187
205.983
354,467

5,925.775
ft,*<69,194
2.515.897
4,444.293
1,327.451
209,602
354.467

5.527,737
3.931.103
2.601,154
4.99 *,201
1,321,474
223,934
345,1.52

P a rk A r e . im p ro v e m e n t a n d new
b n dice o v e r H a r l e m R iv e r . . . .
G r a d e o r o * # lo g a , B u fT u o ...................
F u n d fo r r e d r a f t , o f 4 p . o . d e b s ..

2,194.236
532,707
........

1,392.390
26,292

553,259

Caeb........... . . . ....................

— .

K . Y . A H * r . c o n s t r u c t io n a o c t—
W e s t S h o r e c o n s r r u c t t o n a o c t ------

T o t a l a s s e t * .......................................... 1 9 4 . 7 0 6 . 6 2 3 1 9 1 , 7 9 1 , 4 7 7

500.000
1 9 2 ,5 5 7 ,5 0 0

Liability! —
C a p it a l m o c k .............................................. 1 0 0 , 0 0 0 , 0 0 0 1 0 0 , 0 0 0 , 0 0 0
8u i>*. f o r In c r e a s e d s t o c k ................
............ ..
................
F u n d e d d e b t (se e 8 c n * . ) . . „ . . . . . . 7 0 , 3 7 7 , 3 3 3
7 0 ,6 7 7 ,3 3 3
................
......... ..
S ta r tin g n o r « * ......... ............................ ..
R e a l e s t a t e m o r t g a g e * ......................
5 7 ,0 0 0
1 0 7 ,0 0 0
S e o u r t ilr * -required f r l e » a e d li n e * 2 , 9 1 4 , 1 5 0
2 ,9 1 4 ,1 5 0
P a s t d u e b * to d « .........................................
4 ,7 9 0
4 ,7 9 0
I n t e r e s t a n d r e n t s l a a c c r u e d .. . .
3 ,7 4 3 .2 1 3
3 ,6 6 5 ,3 9 0
U n c la im e d i n t e r e s t . . . . . . . . . . . . . . .
2 4 ,1 6 7
1 8 ,4 0 6
D i v i d e d * d o * In J u l y ........... .............
l.O O O.oO O
1 ,0 0 0 ,0 0 0
U n c la im e d d l v t d e o d s . . . . . . . . . . . . .
3 7 ,6 8 3
3 5 ,9 9 5
W « m . s u p p lie * , A c . ............................
2 ,7 6 9 ,* 8 2
2 ,6 1 9 .3 1 4
D nt- o t h e r r»>*d«. a c . . . . . . . . . . .
1 ,6 5 4 ,6 1 4
1 ,5 6 5 * 0 6 9
Rom** W . A O. oon*»'n s c c o p n t ____
2 1 2 .3 5 3
2 5 6 ,8 2 9
C a rt A A d R y. c o o * , a c c o u n t ...
3 0 ,7 2 3
8 9 ,0 1 2
P r o fit a n d l o s s ........... ..............
1 1 ,9 8 1 ,4 9 1
1 1 ,8 * 7 ,6 6 8

9 1 ,2 7 3 .4 0 0
9 3 0 ,2 0 0
6 7 ,9 7 7 .3 6 3
3 ,2 2 4 ,3 8 3
1 5 7 ,0 0 0
2 ,8 1 4 ,1 5 0
4 .7 9 0
3 ,9 2 5 ,3 3 8
2 5 ,8 0 *
1 ,1 7 8 ,4 1 7
3 5 .5 5 3
2 .7 9 0 ,7 4 1
2,0*5 , 9 3 6
2 9 3 .9 2 0
8 6 ,8 0 9
1 2 ,8 6 1 .8 8 3

Total liabilities..................^.194,706,628 194,791.477 192,557,500
—V. 63. p. 560.

New York New Haven A- Hartford Railroad.
f Report f o r the year ending June 30,1806.J
Th'- p im p h le t report n ow at h a n i a i i i various it » m i o f in 
form a tion to the d i t * already puiliahetl ia the C h i o s i c l s o f
Sept. 10. p. 4 JO. The fa llow in g is a su tn tn iry o f the dnancial
o p e ra tio n * fo r the late flacal y ea r:
• c m m a b t o r r i S A X C iA L o r a a i T i o v s roa i n * V H C A t, r e in e n d i n g
jcn k

Ksnnrce* accountedfor~

R f f n u r r a In a r tx tn n i/ n r —
tn e n m e fr. n o r . ' l . o . ,
Dlv. o n .to t-lt * o w n e d ,
let. on b o t » ] » o w n e d . .
D lt . ( t Q i t o c M l u e * .
M l«e e l'a n iw > < i».. . . . . . . .
I s o . o f u p i t i l s t o c k ..
B u tM r r ip tlo B , to c o n 
v e r t dee. c - r t i f l o * ’ « .
f n e . In n o te * p . y * o i . . ,
I n c . la fste c e tt. i l . b U —

3 0 ,1 8 9 6 .

3 1 5 ,0 3 0
2 3 0 ,7 4 0
3 9 3 .8 4 V
3 1 .3 0 9
9 ,5 3 3 ,3 0 0
3 ,2 7 4 .4 0 0
2 ,0 0 0 .0 0 0
S5^ 308

Inc. tn »■ on w l U til..

80,903

D e c . la m a t - A n u e p lle n
P r n iu . on d e b -i o V no I'l
P roH t fro m .a l e o f aV k

9 1 .1 1 5
1 2 ,3 7 3
3 'S

T o t a l ..............................$ 4 0 , 7 6 2 , 3 8 1

A p -rating o x p e n a e a 321.137,227
1 ,1 9 2 .2 3 ?
T . l e » ....................................
I O ', o n b o n d * a c c r u e !
2 0 2 , ’*00
l o t . o n o a r ,lla b ll a o o M
6 4 9 ,2 6 6
lo t. on. oo n r. debon.
p e r ils a c c ru e ! . . . .
6 2 4 .0 9 1
R e n t a l* - f le a n e d U o e a
3 .4 1 8 .1 0 1
I M f l l e n t t . .......... ..........
3 ,6 H ,5 1 2
P ertniM ien t I m p -m e a t *
3 .2 1 9 ,5 9 6
I n c . In o r a h
...
5 8 6 .6 9 9
I n c . In c o u 't » a » e t a . . .
2 1 2 ,7 2 7
• N « t In c. In atneka a n d
b -tn d * o w n r c l .............. 1 1 , 6 2 6 . 7 2 1
O t h e r Ite m a .........................
9 6 ,1 7 1

Total..................... 846,752,381

• A d d it io n s — N e w England R R . c o m . a t o c k . 8 i . 5 1 6 . 9 l 3 : N e w E n g 
land K K . p r e fe r r e d s t o c k . 8 8 2 2 . 5 1 8 ; P r o v id e n c e A S p r l a .f l e 'd R U .
a to c k . 8 H 3 . 1 9 5 ; R . 1. A vfaaa. K R .t o o k (V isa s. D i r . ) , 8 1 9 1 . 7 o 0 ; R 1.
A M a a s. R R s t o c k <R. 1. D i r .» . 8 1 4 2 , 7 5 9 ; s h o r e M a e R a ilw a y a to c k ,
8 2 1 9 , 2 1 6 ; N a u r s 'n e k R R . a t o c k . 8 1 3 . 9 16 ; N e w H a v e o A N o r t h i m p
t o o a to o k , * l * , l ' 8 ; N e w T u r k N . H . A U R R . s t o c k , * 8 . 1 5 4 ; C h ic a g o
R
I A P a c. R -t . s t u c k . 8 2 , 2 0 0 : H o n a a t o a ic R R . c o m m o n s p ic k ,
8 2 , 1 2 0 ; N e w R i v e n A l i s r o y R R a p ic k . * 6 4 7 ; B . A N . Y A ir L in e
R R c o m m o n s t e k . 8 7 5 ; M e r id e n E le c t r i c R R - » t o e k , 8 1 9 7 , 6 2 0 ; P r o v i
d e n c e A a p i. In r P .n 9 S . O o. s p i c k . 8 1 9 / . 7 0 J ; N e w E n g l a n d K R b o n d s .
1 ,7 5 0 . 0 0 1 ; M e r id e n E l e o lr l c R R . b o n d s , 8 9 0 . 9 0 0 ; S t a m f o r d S t r e e t
K. b o n d s , v s . t s — 8 1 1 . 5 8 2 , 7 1 1 .
D e d a e t l o a a - O 'd C o lo n y R R a to o k ,
8 3 6 ,5 2 1 1 . f lo n a a lo n lo R R . p r e fe r r e d s p w k , $ 1 2 , 2 * 3 ; B 'W t o a A N . Y .
A l r M o e K R . p r e fe r r e d s t o c k , 8 7 , 3 7 9 - 8 5 5 , 9 8 9 , l e a v i n g n e t a d d iit o a
8 1 1 3 1 2 6 .7 2 1 .

t

The item of dividend! received and accrued ($205,519) d u r 
ing the year include*: Pr ividence & Smnmgton SS. Oo.,
$143,110; Old Colony HR. Co.. $21,350; Providence & SpringHeld RR. C i . 817.05); Rhole Id v id & >11«
RR Co.,
Maas. D .v,, $5 190; R h»le Islind t M m . RR G>., R. I, Div.,
$4,118: Shore Line Rnlw ay Co., $1,512. etc. T h e item of in
terest on bond* received ($28),75>) includes New England
RR Co. con. mtg. gold. 5 per cent, $187,590, etc.
The following statistics are of interest:
Passenger Truffle— Number of ptasengers carried! earning
revenue, 43,970,932; average distance carried, 17 93 miles;

697

average receipts per passenger per mile, 1768 cts.; passenger
tarniogs per mile of road, $11,115; do per train mile, *1-60.
Freight Traffic— Number of tons carried of frieght earning
revenue, 10,868,903; average distance haul of one ton 77.95
miles; average receipts per ton per mile, 1-570 cents; freight
earnings per mile of road $1,406; do per train mile, $3-73.
Passenger and Freight - Gross earnings from operation p 9r
mile of road, $30,725; mileage of loaded freight cars, north
or east, 53,554,391; do south or eves', 35.137,313; do north or
east, 6,493,429; do south or west, 23,766,736; average number
of loaded cars in train, 17-06; do empty cars in train, 5-82;
average number of tons of freight in train, 163-97.— Y .63, p.51o.
Rio Grande Western Railway.
( Report for the year ending June 30,1896J
In advance of the pamphlet report for the year ending
June 30, 1896, the C hronicle , has been favored with the fol
lowing statement of earnings, etc., and the balance sheet, in
comparison wilh the corresponding figures for preceding years:
EAR N IN G S AN D E X PE N SES.

1895-96.
Earnings—
$
Passenger ...............
555,194
Freight...................... 1,760,829
Mail, express, eto ...
141,336

1894-95.
$
443.047
1,612.932
133,712

1893-94.
$
521,992
1,461,510
117,816

1892-93.
$
660,884
1,710,716
124,861

Total gross earn'gs. 2,457,359
Oper expense*—
Maiot. of way, eto___
321,283
Maiot. of equipment.
194.609
Transportation exp ..
856,527
Contingent.
12,044
Gen., taxes «fc lnsur..
203,237

2,189,691

2,101,318

2,496,461

278,080
211,891
831,243
14,772
186,611

237.993
198,595
814,732
24.213
188,703

361,641
195.514
904.285
21,666
190,622

Total..................... 1,587,700
869,659
Net earnings.............
P. o.op. exp. ©arn’s.
64*61

1,522,597
667,094
69*53

1.454,236
647,082
69*206

1,673,728
822,733
67*05

1894-95.
$
66",094
48,654

1893-94.
$
647,082
23.608

1892-93.

957,189

715,748

670,690

846,467

Rentals paid...............
101,080
Interest on bonds__
608,000
Dividends......................................

63,054
608,000

38.009
586.088

36.530
560.000
312,416
24,027

INCOM E ACCOU NT.

1895-96.
Receipts $
Net earning*.. . . . . . . .
869,659
Other receipts..........
87,530
Total Inoome.......

822,733
23,734

D is b u r s e m e n t s —

M i s c e l la n e o u s ................

6 ,6 7 1

4.431

Total.....................
Surplus.....................

715,751
241,438

675,185
40,263

37,243

661,340
932.973
9,350 def. 86,506

COND EN SED B ALAN CE SH E E T JU N E 3 0 .

A sseU —

1896.
$

R o a d a n d e q u i p m e n t ............................. 28,654.096
S to c k s « n d bon d* o w n e d .
. . .......... 2,893. D 5
8U *.030
c o m p a n y ’ s b o n d s In t r e a s u r y .........
173.4 40
U n t i e R a n g e Rv. b e t t e r m e n t s . . . .
357,454
C ash
.................................................................
270.290
D u e fr o m a g e n t * , in d i v i d u a ls , & o .
168,816
S t e e l r a ils o u h a n d ....................................
M a t e r ia ls , A O .............. ................................
M i s c e l l a n e o u s ...............................................
T o t a l ............................................................. 33.317,591
L ia b ilit ie s —
C o m m o n s t o c k ........................................... 10,009,000
P r e fe r r e d s t o c k ............................................ 6.450,000
B o n d s (s e c S u p p l e m e n t ) . . ................ 16,000,000
B ill* p a y a b le .................................................
T e m p o r a r y l o a n s ........................... ..........
255,629
V o u c h e r s , p a y r o l l s , e t o ......... ...............
37.512
D u e o t h e r r o a d s a n il i n d i v i d u a l s ..
314.693
I n t e r e s t d u e a n d a c c r u e d ...................
45.000
T a x e s ...................................................................
E q u ip m e n t d e s t r o y e d ................ .............
39a>89
60.156
D e p r e c ia tio n o f e q u i p m e n t ______ _
19,603
M i s c e l l a n e o u s .............................................
2 9 3 ,5 1 8
P r o fit a n d lo s s b a l a n c e . . . ..............
T o t a l ............................................................ 33,317,591
—V. 63, p. 561.

1895.
1894.
$
$
28 502,405 28,401,770
2,893.289
2,894,311
800,000
800.000
173.042
168,592
3 8,997
323,030
122.154
109,039
13 ,457
138.536
147,909
148.315
50,499
33,095,255 33,034,142
10,00 0,000

10 ,0 0 0 ,0 0 0

286,555
56.709
312,693
35.000
23,193
60,156
7,0 *2
63,948

260,792
65,003
312,432
34,989
26,610
60, L56

6,250.000
6,250 000
16,000,000 16,000,000

24.160

33,095,255 33,031,142

Wisconsin Central Company.
( Statement fo r y e ir ending June 30, 1896. J
The following official statement for the late fiscal year has
been furnished exclusively to the C h r o n ic l e :
1895.
1996.
Tear ended June 30 —
$2,905,953
Freight earnings........................... ........... $3,195,616
9 >9,420
...........
952,262
225,170
............
251,633
Total gross earnings................... ............$4,399,511

$4.09 >,543
2,767,428

324,444

$L,303,115
6,491

Total net inoome........................... ........... $1,715,638
........... 1,809,932

$1,309,606
1,547,234

..........Def. 1.5,431
..........Def. 78,863

$237,628
def.946,659
eur 109,230

...........

$237,629
Deficit, as above........................... .......... $94,294
“ During the various years up to June 3d, 1898, the i m 
provements made by the receivers were carried on the books
as assets. In the report of June 30, 1898, all items of this
nature will be closed into profit and loss, the result being
that in the receivers’ printed report the item of
will be $300,000 more than in the above statement. The ng W
ures here shown, however, are correct, as they are a com
parison of two actual years, uninfluenced by items not di
rectly chargeable during the particular period,
v . 63, p*
402.

698

rHE CHRONICLE
Iowa Ceatral Railway Company.
( Report fo r the year ending June 30 ,1 8 9 6 .)

President Russell Sage says:
The report shows an increase in capital common stock
issued of $339,969 aud preferred stock. $34,115, Tnis increase
was due to an allotment to stockholders of the Central Iowa
Railway Company under the terms of its circular dated
March 13, 1696.
The past year has been one of continuous depression in
nearly all ciasses of business throughout the country, and
particularly so as applied to railroad transportation, which
has been reduced from year to year to very moderate rates
for service rendered.
Notwithstanding this the road has
been able to produce results which have been very gratifying
when taken in connection with this depression.
General Manager L. M Martin says:
Floating Debt Paid.— The surplus of $173,330 exceeds that
of any previous year, and the company has for the first time
in its history no floating debt. The bills payable, which stood
June 30, 1893, at $470,600, and June SO, 1895, at $185,900, have
all been paid off.
£ Grain Traffic.— In general the year has been one of large
crops, but by no means prosperous business conditions. Fol
lowing upon an almost total failure in Iowa, the grain crop of
this year has been absorbed locally by feeders in much greater
degree than usual, and the prices which have prevailed
offered no inducements for marketing such grain as could
oe held. A s a result there remains in cribs along the line
awaiting shipment a million bushels of corn and threefourths of a million bushels of oats (equaling 3,500 cars of
freight), and it is estimated that as much more is still in the
bands of farmers. In short about one-third of that portion
of last year’s crop on our own line has as yet contributed
nothing to our earnings. Nevertheless the grain tonnage
handled this year amounted to 343,459 tons and exceeded
any previous year, except 1893, when we carried 346,526 tons.
Coal.— The chief consumers of Iowa coal are the great east
and west railroads, so many of which we cross. In a dull
season we feel the effect of their rigid economy. Last year
our coal tonnage amounted to 58 per cent of the entire ton
nage hauled and this year to 49 per cent. A n average of
seven years gives 53 per cent. Mahaska and Appanoose coun
ties (Oskaloosa and Centreville) have deposits of coal which
are unequalled in this State, and which at present rate of
consumption should last a great many years.
Both counties
are so located that your company is their natural outlet. Our
coal tonnage in 1896 was 584,000 tons, contrasting with 671,000 in 1895, 701,000 in 1894 and 765,000 in 1893. The capacity
of our mines is greater than ever, and with the return of
prosperity in the coal business generally there should again
be an increase in the volume of our coal tonnage.
Maintenance, Etc.— The ratio of operating expenses has
been reduced from 73 per cent in 1890 and 67 per cent in 1895
to 63 per cent. Neverthel ss there has been no false economy.
The following table speaks for itself:
1890. 1891. 1892. 1893. 1894. 1895. 1896.
Rails laid (tons)___ ....2,091 3,195 3,195 2,114 840 1,085 3,055
Ties (000)................ . . . . 153
127
142
151 152
135
143
Ballast(0Oyds.)Cindeis........
12*6
20-3
Gravel........... — ___ 77-8
7-8
41-8
7*0
Fence posts (000).. . . . .
24
22
27
65
24
30
37
The new steel laid this year was 60-pound rail, distributed
14 1-5 miles in Illinois and 18 miles in Iowa. W e erected six
new steel bridges each of 96-foot span on solid masonry abut
ments and calculated for the heaviest traffic.
Your equipment is in much better condition than it was a
year ago.
New Lease.— The lease of that portion of our line between
Manly Junction and Northwood, which gave to the B. O. R.
& N . Ry. exclusive rights for a period of 35 years from 1881
was declared void by the courts, and a new lease has been
executed which provides for joint use of the track under
terms believed to be more favorable to us than before.
Outlook.— Crop prospects indicate that the yield will be
lighter than that of last summer. Oats are already in many
places badly damaged by excessive wet weather, and corn is
likely to suffer somewhat from the same cause. Recent legis
lation will impose some additional burdens on us during the
year in the way of equipping freight cars with air brakes and
patent couplers, and if business revives considerable money
could be spent profitably in the purchase of new stock cars
and heavier locomotives.
Traffic Statistics — Gross earnings per mile of road, $3,683;
per freight train mile, $1-552; average freight load, 173 tons;
contrasting with $3'154, $1-508 and 160 tons respectively in
1895.
Statistics.— Statistics o f earnings, expenses, ch arges, & c ,
h ave been co m p ile d fo r the C h r o n ic l e as fo llo w s :
OPERATIONS AND FISCAL RESULTS.

1895-96.
1894-95.
1893-94.
1892-93.
Aver, miles operated
499
498
498
498
Operations—
Pass, carried (No,)..
523,537
497,498
447,576
572,586
do.
do. 1 mile. 12,976,431 11,842,757 11,405,862 13,072,591
Rate p. pas. p. m’ le.
2-50 cts.
2-47 cts.
2-54 ots.
2 53 cts.
Freight (tone) carr’d
1,196,873 1,145,688
1,293,529 1,355,569
Fr’ t (tons) c’r’d 1 m. 161,054,087128,825,630 164,614,939 169,700,739
Batepertonp. mile.
0-90 ots.
0'94 ots.
0'88 ots.
0'91 cts.
Earnings—
$
$
$
$
Passengers...............
329,640
298.301
294,190
336,329
Freight-.. . ............. 1,445,695
1,211,124
1,456,834 1,546,186
Mail, express, A c...
64,373
59,796
60,543
60,049
Total..................

1,839,708

1,569,221

1,811,567

1,942,564

V ol, L x n r .

Expenses —
Mam. of way, & o...
*• “ equip . . . .
Coo’ n trausportat'n
General...................
Taxes.................... .

1895-96.
*
300,161
145, <0$
591,506
121,567
63,370

1894-95.
$
231,055
12 1,643
531, *48
113,1 U
61,963

1893-94
-•8
315,560
15 4.3 U
53 >,663
1 >L.9 56
6 >61 l

=r*
1812-93,
$
387,126
175.186
6S4.U3
1.53,548
58,586

Total........... .
Nec earnings
Per ot. ex. to earn’gs
Rentals.....................

1,222,322
617.385
66*44
14,336

1,110.787
458,434
70-79
14,751

£,259,200
552,367
69-51
14,4 26

1,43 1,559
509,005
73-79
14.312

Total..................
Disbursements—
Interest on bourls .
Other interest........
Rentals........... .........
Miscellaneous..........

631,721

473,185

566,793

523,317

316,300
5.103
51,760
80,238

313,300
13.066
43.960
21,875

316,333
13,409
48,96)
36, i25

316,100
24,0 45
50,610
55,975

453,401
Total..................
403,221
420,632
446,710
178,320
Surplus_____ ______
63,964
146,161
76.60T
CONDENSED BALANCE SHEET>UNE 30.
1896.
1895.
1894.
Assets—
$
$
$
Cost of road and equipm ent____ 20,845,057 20,595,256 20,593,307
Sipplies on ban d ...
187,191:
12 t,763
163,517
Cash on band ...
36,*62
69,746
6*9,916
Sundry accounts collectible.........
89,405
78,636
85,8 52
Bal. of bo ids aud stock authorized 5,692.826
5,960, »22 5,962, (07
Miscellaneous..........
1,935
1,815
1,859
Total....................
.26,853,129 26,829,285 26,e80,758
Liabilities—
Balance to income account..........
530,702
352.382
282,419
Capital stock and scrip (see 8cr.) 14,026,691 13,762,6 )8 13,760,323
Bonds and scrip (see Scjp.) .......... 6,339,482
6,327,370
6,327,370
Interest due and accrued.............
47,773
65,033
60,408Sundry accounts payable............. .
196,873
143,3 52
216,060
Bills payable . . . __
185,9 75
244,9 40
Taxes accrued, not d u e ............... .
26,72 5
27,516
26,658
Transp. certs, to be redeemd .. . . .
264
267
272
Bonds and stock to Reorg. Com.. 5,692,826
5,960,022
5,962,308
Total.....................
- V . 62, p. 683.

.26,853,129 26,829,285

26,880,757

Baltimore & Ohio Railroad.
( Statement for six months ending June 30, 1896.)
Accompanying the answer of the receivers to the claims o f
the preferred stockholders is a statement as follows for the
six months from Jan. 1 to June 30, 1898 :
Gross earn ings............................................... . ....................$10,922,641
8,703,772
Operating expenses...................................................................
Net earnings....................................... .................................. $2,358,695
Miscellaneous inoome...............................................................
369,690
Total net earnings from all sources .................................. $1,718,386
Interest charges, rentals, sinking fund, taxes, etc.............. »3,642,523
Construction............. ........................ .....................................
84,533
Total fixed charges................................................................ $3,727,056
Detioit......................................................................................
$998,670
The deficit for the six months is increased to $1,363,433 by
the accru ed car trust bonds aud other obligations as follows :
Principal oar trust bonds due Jan. 1, 1897, $125,000; principal
equipment trust Donds series A, due April 1. 1896 (not paid), Sio.OOO;
aud series B, due Nov. 1, 1896 (not due), $100.0 ) >; wbeelage oar trust
payment (paid). $69,768; payment to city of Baltimore for the pur
chase of Its interest in Pittsburg & Connellsville due July 1, 1896 (not
paid), $20,000; Somerset & Cambria Railroad traffio bonds Vpaid),
$5,000. Also, other amounts not paid as follow s: $18.00) d ueJune
1, 1896; $44,625 due March 1, 1396; $85,797 3 per ceut dividend on
stock due July 1, 1896; $100,925 due July 1, 1846; $20,000 due
May 1, 1896 ; $60,0 )0 due July 1, 1896 $50,000 due May 1, 1896;
total deficit, $1,368,438—Y. 63, p. 558 .

Ohio Southern RR Company
( Statement for year ending June 3 0 ,1 8 9 6 .)
The following statement o f earnings and expenses has
been furnished, to which we have added the approxi
mate charges, exclusive in 1896 of interest on the float
ing debt and payments on account of car trusts. The car
trusts call for about $154,200 yearly. It is pointed out that
the expenditures for maintenance and equipment for the past
year were abnormally large, due to the property not having
been kept up to a proper standard, and that sixty per cent
would be a fair per centage for the operation of the road.
EARNINGS AND EXPENSES.

Tears ending June 30—
1896.
Freight earnings..............
$607,862
Passenger earnings............................ 83,210
Express ..............................................
12,080
Mail..............
9,877
Miscellaneous..................................... 109,771

1395.
$579,876
88,411
12,016
9,875
94,552

1894.
$415,949
83,227
10,724
8,307
113,813

Total gross earnings.................... $313,780
Operating expenses—
Maintenance o£ way & structures...$112,537
“
“ equipment............. 82,413
Conducting transportation............... 293,584
General expenses.............................. 29,885

$784,730

$632,020

$86,011
53,842
249.027
32,249

$62,260
44,530
143,974
42,417

Total operating expenses..........$518,419
$426,129
Net earnings..................................$295,361
$358,601
Per cent to operate....................... (63'70)
(5410)
Interest on 1st mortgage (about)__ $235,440?
"
“ Gen. M ............................ 102,680 S
Int. on floating debt, car trusts, &o.
(?)
16,133
Taxes........... ...................................(say)3u,000
29,670

$293,181
$338,339
(16-39

Total (excluing int. on floating
d)bt and car trusts in 1896). ..$368,120 $370,223
Balanee........ .......................... def.$72,759 del.$ll;627
—V. 63, p. 560.

$267,175
22,333
23,94
$313,455
sur.$25,384

THE CHRONICLE

October 3, 1896. j

Evansville & Terre Haute Railroad.

599
G E N E R A L B ALAN CE SH E ET J U N E 3 0 .

Assets —
1896.
Cons ruction......... ............ . $6,3 i3,747
Eq lipinonc ....................... . 2,478,860
Material on h a n d ......... 32,942
Cash on h uid ................... .
139,219
Uucol ected earnings . . . .
129,928
Bills receivable................
47,000
Advances — ........... ..
169.842
I B »nds and stocks owned . *3,617,007
j U I. Nicholas <& C o .......
40 >,853
j Accounts in suspense...... ..

( Report fo r the year ending June SO, 1S96.)

1995,
$6,302,130
2,555,665
33,200
113,213
189,766
47,000
243.135
3,644.356
221,969
129,414

1894.
$6,273,147

2,563,088
President H. C. Birl)w in brief says:
45,177
General Results.— t he operation of your companies shows a
190.476
256,997
surplus of $16,639 as compared with a deficit of $13,9 )6 last
72,045
year. Taking into consideration the fact that commercial
171.517
conditions nave improved but little, we vi-w the outcome as
2,862,356
221,969
promL-iag more satisfactory results in the future. Gro-.s
107,865
earnings have increased 8 23 per cent, freight earnings 8-99
per cent, number of tons carried 9 68 per cent. The rate per
Total............................. $13,339,398
$13,479,880
$12,264,638
ton per mile was 1-027 as compared with 1-034 last year. The
Liabilities—
$5,780,683
decrease is attributable to the reduction in rates oa coal to Capital sc c k ........... ........, $5,280,693
$2,996,683
Funded
debt
................
5,978,000
5,978,000
5,89 000
Chicago aod other points. Passenger earnings have increased Bondiuterest
accrued___
131.202
132,442
128,979
4-13 per cent; number of passengers carri-d 8-i6 per cent. Unclaimed dividends.......
1,761
5,188
5,188
Operating expenses were H6' 1-5 per cent of gross earnings as E A £ RR Co...................
33,132
Loans
and
bills
p
lyable...
450
650
compared with 55‘85 per cent last year. There has been I Pay-rolls aud vouchers ..
103,790
108,4 »0
155,327
charged to construction $20,316.
|Eqnioinent notes not due.
132,630
214,122
368,218
All maturing equipment obligations have been paid. |luoothe account................ . 1,711,311
1,760,594
1,681,461
There is still outstanding $132,650. O this amount $48,538
Total........................... .813,339,398
$12,26 4,638
$13,479,880
is payable during the yea* ending June 30, 1897. Your com
panies are entirrlv (ree from floating debt.
* Includes Evans. Belt By. stock, $9 5,650; E. & R. RR Oo. stock (par
Coal Strikes— On May 1 occurred a general strike of the 01,501,0*10). #10 ). E it [. RR. stock. $ LOO >,000; W Jack. Hilt Oo.,
Ac., stock. 0134,956; L. E. & 8t. L 4 per cent general mortgage bonds,
coal miners iu the Indiana fields that continued during the 086.750;
E. A T. Haute stock, $L,284,0 JO; other, $15,5 50.—V. 63, p.
remainder of the fiscal year, contributing to decrease the out 504.
put of coil 84,550 tons as compared with last year. Coal traf
fic contributes so largely to our earnings that it is of the
Maine Central Railroad.
greatest imp” tUnce that harmonious relations exist between
( Report fo r the year ending June SO, 1896J
the operators and miners. Owing to the higher scale of
wages paid by the Indiana operators the cost of produ ing
President Franklin A. Wilson says in part:
coal has been greater than in Illinois, which baa retarded the
Earnings and Expenses.— The gross earnings for the twelve
develi pmentof the industry on your line. W ears hopeful months show aa iucreiaa of $17J.837. The opsratiag expsnthat 3 final adjustment will soon be reaohed.
ses, howev'r, also increased $333,888, owing chiefly to the
New Express Contract. —The contract with the Adams Ex restoration of 5 per cent (533,UOJ), being one-half of the reduc
press Co. expir-d June 1, on which daw a contract was exe tion heretofore mads in the wages of employees, the laying
cuted wi h t h - U nted States Express Co. for five years
of 6,3)0 tons of s eel rails, being an increase over last year of
Maintenance — The amount charged to the maintenance of 3,4 43 tons, or about $71,000; and the severe freshets causing
way represeals expenditures properly chargeable to operation injury to road-bed and bridges to the amount of $85,000.
tor new 70-pouod steel, gravel ballast and replacing with
Improvements — A large am >unt of work has been per
perm inent structures or filling wooden bridges aggregating formed during the past year in the construction of double
1,433 feet. Where large renewals or rebuilding has been track rendered necessary by the increase of business, in the
necessary, permanent work has been substituted. la pur r> placement o ’ wooden by ir n and steel bridges and in the
suance of this policy 1,432 feet of wooden treated has been enlargement of station grounds and passenger and freight
filled (stone arches or iron pipes used for water way) or im depots. Tbe requirements of United States laws as to furproved with steel girders supported by stone abutments. nl-hing engines and freight cars with automatic brakes and
Further facts of interest are:
couplers caused an expenditure of more than $33,000 during
T h i r t y m il* * o f t r i f i k b i v o b e e n b a llx s t e l w ith g r a v e l.
Nine a n d
a a e h % lf m i l - h o C 7 0 - p o i n d
r a il b » * b e n la id .
U r o -s t i a w e r e
p a t In t r ..c k »•» f »llo w # : M a ta U n e , 5 7 , 3 * 5 ; M o u n t V e r a o a B r a n c a .
1 3 . 9 7 7 ; 4 m » v * o i jo u i lt * B r t o c h . 5 , '« 7 l ; t o t a l. 7 6 . 9 3 3 , o r a b o u t 1 2 p e r
o e n t o f th • t * i * l n u m b e r o f t ic * to t r a c k . N e w aid e t r a c k * h a v e b-»en
l a id t o r t h * l» * it e r n e o o m u x U t i o o o f l a d a s t r i * * , a g g r e g a t i n g 4 ,8 i « »
fe e t .
1 0 2 . * 4 0 fe»-t o f U m b e r w .is u se d d u r in g th e / e a r , a d e c r e a s e o f
llO .o O o
f e e t as c o u p a r e d w i t h l a s t y e a r .
Y o u r m o t iv e p o w e r a n d e q u i p m e n t is in * p o l o i n d l t l o n ; t h l r t y M r r o in.<o(iintivea h a v e b e e n i b o i o u * h l y o v e r h m l e d ; t h ir t y t h r e e b*»rp K U fin w r • o d p o s t »l c i r a h a v e b e e n g t r * n g e n e r a l r e p a ir s .
T h r e e b o n d r e I a n d fifty ft e ig h t e a r * b a r e t>eea r e b u ilt ; o u e h u n d r e d a n d
■eveaU fivH fr v lg h c a r * h a v e b e e n e q u ip p e d w ith a n t u n sue c o u p l e r s
flfry-syue f r e i g h t c a r * h * v e b * e n **q t ip p e d w ith W e s t ln g h o u s e a ir
brakes
W ith th e e l o * « o f t h e p r e s e n t y e a r b u t 5 1 o a r * r e q u ir in g
g e n e r a l r e p a ir * r e m a in o n h a n d .

the past year, and will call for an estimated expenditure of
$335 000 to $350,000 more.
Refunding. — Leeds & Farmington RR. 6 per cent bonds
for $633,o00 matured July 1, 1896, and were converted into
consolidated fours.
N-w Bonds to be Issued.— The directors would call your
attention to the floating debt, which has been carried for
many years. It is made up of items entirely outside of the
legitimate operating expenses of the railroad, c insisting
largely of expenditures for the purchase of real estate for
terminal purposes and construction of double track, as w-11 as
extensive improvements on leased lines.
The large amounts
exp >nded during the past two years for new equipment are
Traffic.— The average e-iroiag* per freight train mile were being absorbed into the current operating expenses at the
$2 04. against $2 12 in 1895 and $2 22 in 1494; average haul rate of $10,500 per month, or $135,000 a year, but the remain
61*8 m l *, against 54 4 miles io 1494. The freight earnings der of the fl rating debt the directors have determined to fund
per mile of road were $3,933, against $3,837 io 1893 and $3,<28 in a bond secured by a sinking fund, which by annual con
in 1494. Passenger earning-* per train mile were 89 cents, tributions will extinguish the entire debt in twenty years.
against 80l£ cents in 1495 and $1 34 in 1494; do. per mile of This loan should be made large enough so that bonds will be
road $1*614, against $1*549 in 1893 and $2*177 in 1494; average available in the treasury of the company to complete the
distance traveled per passenger 41 miles. Average tons of permanent improvements now in contempla ion. Such a
loan will during the year be placed on tbe market, the pre
freight p* r tram 299, against 201 in 1490 and 105 in 1489.
Of th»* total ton* carried (1,039.342) grain furnished 77,634 liminary arrangements having already been made.
Improvements, E tc.— The General Manager reports:
tons, against 55.75) in 1495 and 89,176 in 1493; bituminous

coal furnished 311,497 tons, against 426,050 in 1495 and 463,801
tons in 1893.
Statistic*.—The yearly statements compare as follows :
Operations—
1 8 0 5 -9 6 .
1 0 9 4 -9 5 .
1893 94.
1 8 9 2 -9 3 .
T o t a l tu lle s o p e r a t e d . . . . ,
167
167
165
165
P a s s e n g e r * P a rried . ..........
313 417
2 8 9 ,7 7 4
3 7 3 , '* 9 9
3 5 7 ,6 1 5
P a s s , c a r r ie d o n e m i l e . . . 1 2 , * 4 1 , 3 4 6 1 1 , 7 2 1 , 8 5 9 1 7 . 6 2 8 . 2 7 0 1 4 , 4 7 9 , 0 * 0
K a t e p e r p a s s , p e r r a t io .. 2 1 0 3 c t s . 2 * 9 0 6 c U . 2 0 4 3 c U . 2 2 3 8 c ts .
F r e ig h t (to n s ) c a r r ie d . . . 1 , 0 3 * ,2 4 2
9 4 7 ,5 3 1
9 4 * ,6 s 8
1 ,* 9 4 ,0 8 4
F r e ig h t (t o n s ! o n e m ile . 6 4 , 2 / 9 . 4 1 2 5 8 . 5 4 0 , 1 5 9 5 5 . 0 2 2 . 8 4 9 7 1 . 7 7 4 , 0 4 0
Rate p e r to n p e r m ile . . . 1 * 0 2 7 c t s . 1 * 0 3 4 c t s . 1 * 4 0 5 c t s . 1 * 0 7 0 o t s .
Earnings—

0

P a s s e n g e r * ..................................
F r e ig h t
........................................
M a l i , e x p r e s s , e l o ..............

2 6 9 ,9 9 0
6 5 9 .6 4 7
1 1 3 ,1 5 2

Gross earnings.......... 1,122,797

O o n d i i c t l n g t r a n s /r t a t 'a

$

2 5 0 ,5 7 2
6 0 5 ,2 4 5
1 7 4 ,4 5 6

3 6 0 ,1 9 4
6 1 6 ,9 8 4
1 4 2 ,7 5 4

3 2 4 ,0 5 9
7 8 0 ,1 8 8
1 9 3 ,4 2 5

1,038,273

1 ,1 5 9 ,9 3 6

1 ,2 8 5 , 6 7 2
1 1 8 ,7 9 3
1 0 7 ,4 0 5
3 1 5 .3 0 4
9 7 ,3 0 2

152 3 4 2
M 9 .4 8 L
2 9 9 .1 6 5
1 0 4 .5 3 2

6 4 2 ,4 4 1

587,187

6 4 1 ,5 4 0

6 3 8 ,9 6 4

1 2 6 ,1 9 9
1 6 ,9 7 2
2 9 6 ,0 9 2

81,390

i

i

General...................

0

O 51® —
1
®
j1® S £ ,ir

E xp en ses—

Maintenance of way, Ac.
Mai nteoaoceot equip*!..

6

T o t a l e x p e n s e s ......... ....

• 1 9 0 ,3 3 4

4 5 1 ,0 8 6

5 1 5 ,4 1 0

0 4 6 ,7 0 8

Per ct, of exp. to earn*..
Oth t Income . . . . . . . . . .

(50*46)
15.104

(5 5 * 9 5 )

(5 4 -9 4 )

(1 9 * 7 0 )

13,170

1 3 .1 5 8

4 6 ,6 5 1

T o t a l . . . ................................

4 9 3 .4 5 8

4 6 4 ,2 5 6

5 2 0 ,5 7 4

8 9 3 .3 5 3

N e t e a r n in g s

...........

Deduct—

I n t e r e s t o n d e b t .. . . . . . . ..

Dividend* . . . . . . . ..........
M is c e t a n e o u s a n d t a x e s

•S u r p lu s

.

312,353

3 2 7 ,8 6 1

2 9 6 ,0 4 1

52,340

5 7 .2 0 1

1 0 1 ,5 0 7

2 7 5 ,9 2 5
3 0 0 ,0 0 0
5 8 ,3 0 2

394,693
110,765

3 9 5 ,1 2 2

3 9 9 ,1 4 9

6 3 4 ,2 8 7

7 9 ,1 3 4

1 2 9 ,4 2 0

5 9 ,0 7 2

Kcnewuls of equipment have been made during the past year as
follow-: 5 locomotives; 1 p lssenger oar; l combination car; 4 luggage
ears; 6 caboose oars. Side tracks have been laid equal to eight miles.
H ftr
miles of main track have been ballasted with gravel. Four
teen thousand, two hundred and eleven rods of fence have been
built. 6
miles of second track from Yarmouth Junction to Freepottj aud o » iq miles of second track from Detroit to East Newport
were built dunag the year. 50 s10 miles of steel rails and 400,558
- - ties have been laid in tile track. Fifteen‘bridges, aggregating
1,070 feet, have been renew d with steel.
Traffic.—The average receipts per passenger per mile were
2-3 cents and the average distance traveled about 40 miles.
1be average rate per ton mile was 1*83 cert s and the average
distance carried about 11% miles.
Freight earnings per mile
of road were $3,410; do. passenger $2,716; freight earnings
per train mile $1-852.
E xm ings, Etc. — The earnings, expenses and charges have
been compiled for the C hronicle as follows :
EARN IN G S AN D E X PE N SES.

1895-96.
Burnings from —
$
Passengers..................
1,939,048
Freight..............
2,774,802
Express, mails, etc......................
271,468
T ota l........................................ 4.985,318
Oreruliag rxpenses—
M a in te n a n c e o f

w ij

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

8 9 7 ,1 3 1

Maintenance of equipment........ 1,213,* 89
Conducting tr.innport.atl in.........
General expenses and taxos......
495,085

1 .8 2 8 ,6 9 3
2 ,7 1 6 ,6 4 2
2 6 9 ,1 2 6

1893-94.
st
1,856.829
2,511,101
287,654

4,814,461

1,655,584

7 8 8 ,8 2 6

772,933
1,111,558
703,750
450,742

1,184,683
7 0 0 ,4 5 8
4 6 2 ,5 9 6

3 ,3 6 9 , 4 5 2

3 ,1 3 6 ,5 6 3

Net earnings................................. 1,615,863

1,677,898

T o t a l ........................................................

3,038,983
1,616,601

600

THE
INCOME ACCOUNT.

1895-96.
$
1,615,866
51,860

1894-95.
$
1,677,898
52,530

1893-94$
1,616,001
A

Total........................................ 1,667,726
Deduct—
637,834
Interest..........................................
Kents..............................................
649.516
Dividends.......................................
298,524

1,730,428

1,616,601

662,772
646,766
298,519

£ 1,321,771
298,501

Receipts—
Net earnings........... ............. .
Other in co m e .............................

|VoL. LXIII.

C H R O N IC L E

K. & M. Rv., $3,400; Z Terra. Ry . $21,882; Col. T ern . &
Transfer RR., SL2 833; C. & 11. V. Rv., $5,610; XT lio l D mot,
$2,975 ; miscellaneous, $863. In 1894-95 the average rate per
ton per mile was 0-63 cents ; do. per pisseag-r, 1 9 0 o n t s .—
V . 63, p. 116.

Norfolk & Southern Railroad.

( For the year ending Jane 30,1896. J
President Dickerman says ;
There was no change in either the stock or bonds daring
1,620,272
Total........................................ 1,585,874
1,608,C57
def. 3,671 the year. The railroad consists of : Main line—70-lb. steel
Surplus...........................................
81,852
122,371
rails. 35 62 miles ; 56-lb. steel rails, 37 43 m iles; 5 ) lb steel
* This item is included above in gross earnings.
rails, 29-80 miles ; branches, spurs and side tracks, iron rails,
GENERAL BALANCE SHEET.
22-88 miles. One mile of 70 lb. rails reolaced 56-lb. rails in
June 30,’ 95. main track ; the latter replacing iron rails in side tracks.
June 30,’96.
Asset8—
$
$
The additions to the property during the year consist o f—
.. 14.452.049
14,186.148
Construction and equipment
7,954,747 One locomotive, real estate, etc., aggregating $13,413, paid
Lease accounts, e tc................
... 8,047,348
519,976
for out of the earnings of the year.
Stocks of other companies...
524,976
302,4 l 9
Sinking funds..................... .
351,075
The increased expenses are subtantially for the additions
120,000
120,00 >
NoteB receivable.....................
to
property above mentioned, new steel rails, and ballasting
113,599
112,236
Due from agents...................
15
1-3 miles of track, other like improvements to the perma
247,562
170,252
Traffio balances, e t c . ..........
601,50 > nent way and equipment both rolling and floating. The traf
Supplies and materials........ .
651,017
412,483
261,129
Cash............ ..
.....................
15,624
133,746 fic agreement with the Old Dominion Steamship Company
Fund for P. K . etc., bonds.
New rolling stock.................
200,990
245,838 mentioned in the last report has been enlarged to include ad
ditional service connections with that company. The rate
Total..................................
. 24,984,006
24,760,71^ per ton per mile was 1"98 cents, against 2'06 cents in 1895.
Liabilities—
Stock.......................................
. 4,984,800
4,984,800 Of the total tons carried, about four-fifths were north bound.
11,000
Statistics.— Earnings, expenses, charges, etc., etc., were as
Stock bonds . ..........................
1 1 ,0 0 0
Bonds (see Supplement) ......
. 17,451.700
17,555,000 follows:
341,644
Interest and rents accrued..
347,317
EARNINGS, EXPENSES, ETC.
863,304
Notes........................................
923,000
1896.
1895.
Bills audited...........................
512,071
299,718
Darnings—
$
$
2,61ft Freight...........................................
Traffic balances, etc...............
6,804
.289,068
282,648
50,000
Injury fu n d .............................
50,000 Passenger .....................................
. 76,886
69,612
34.362
34,293 M ail................................................
Miscellaneous.......... ...............
. 3,843
8,955
Profit and l o s s ........................
668,625
612,670 Express.. _____________ _______
3,978
3,387
Terminal............. ........................
. 18.437
2L.735
24,984,006
T o ta l.......... I‘.\..................
24,760,717 Lighterage..................................... 14,167
1 o,016
—Y. 62, p. 320.
Other sources_____ ______ ____
. 11,123
10,322
Steamboat routes..........................
. 30.933
2 9,389
W est V irgin ia & P ittsburg Railroad.
453,442
Total..... ....................................
436,595
fR eport fo r the year ending June 30, 1896.)
Expenses—
. 67,862
46,430
In advance of the pamphlet report the results for the late Maintenance of way, etc...............
. 51,676
Maintenance of equipment-.
35,599
year have been reported to the C h r o n ic l e as follows.
,133,456
Conducting transportation.. . .....
132,738
EARNINGS, EXPENSES AND CHARGES.
. 28,877
General...........................................
29,877
28,809
28,35 8
1895-96. 1894-95. 1893-94. 1892-93. Steamboat routes........................ .
Taxes..................... ...................
, 11,556
8,963
159
159
159
145
Average miles operated.......
Passenger earnings............. $89,011 $92,578 $104,240 $118,822
.322,235
Total.........................................
281,966
Freight earnings.................. 260,696 220,960 231.703 246,462
Miscellaneous earnings........ 50,735
48,934
52,006
37,433 Net earnings..........— ....................
.131,208
154,629
. 71*06
Per cent of expenses to earnings
68*40
Total gross earnings.......$400,442 $362,472 $3 >7,919 $402,717 Other receipts................................
. S,181
2,042
44,655
62,240
Maintenance of way, e tc ....
56,365
41,841
18,499
15,675
Mail tenance of equipment..
22,226
16,901
Total net income
136,389
156,671
Conducting transportation.. 87,218
84,849
94,455
88,784
Deduct—
15,793
16,634
General...................................
20,001
21,835 Interest on bonds__
37,500
36,250
Other interest............
1.482
857
Total operating expenses^ 181,602 $160,225 $177,610 $188,533 Dividends...................
80,000
80,000
Net earnings........ ................. 218,840
202,247
210,339 214,184 Miscellaneous............
2,003
19,971
Per cent of exp. to earnings. (45*35)
(44 20)
(45*8)
(46*8)
Other Incom e........................ 83,662
118
Total...................................................................... 120,985
137,078
19,593
Total................................ $302,502 $202,247 $210,457 $214,184 Balance, surplus........................................................ 15,404
CONDENSED BALANCE SHEET JUNE 30, 1896.
Tnt. on bonds & equip, notes. 204,125
205,519 216,913
189,437
Taxes and miscellaneous
32,493
36,710
15,492
12,663
Credit—
Debit—Koad and equipment... $2,780,000 Capital stook.................. 2 000,000
Total................................ $236,618 $242,229 $222,4'>5 $202,100
77,630 Funded d e b t................
Cash forint, and diva..
750,000
Balance...............................sur.$65,884df.$39,982 df.$ll,948 sr.$12,0S4 Cash Norfolk office.......
17,411 Bills payable..................
25.000
Due company................
48,578 Due by company..........
26,971
BALANCE SHEET JUNE 30, 1896.
17,180 Ranger insurance acct.
5,000
Supplies
and
material..
A.ssets
Liabilities.
25,605 Profit and loss...............
159,433
Road and equipment..$7,033,667 Common stock ..............$2,500,000 Neuse guarantor acct..
Real estate...................
375,508 Preferred stock...... ......
900,000
Total.
Total............................$2,936,404
$2,966,404
Stock of Gauley Co......
414,200 Bonds, &c. (see S u p p t ) . 4,053,100 —V.
61, p. 516.
Materials and supplies.
10,499 In terest........................
51,78 L
Cash................................
7,843 Bills payable................
273,581
Current cash accounts.
57,300 Miscellaneous...............
49,726
G E N E R A L IN V E S T M E N T N E W S .
Sinking fund..................
3,065 Profit and loss...............
71,532
Miscellaneous...............
2,640
Reorganizations, Etc. -l a t e s t Data as to Defaults, Reor
Total........................ $7,904,722
Total..................... $7,904,722 ganization Plans, Payment o f Overdue Coupons, E tc.— All
V. 62, p. 634.
facts of this naiure appearing since the publication of the last
issues of the I n v e sto r s ’ and S t r e e t R a i l w a y S u p p l e m e n t s
Columbns Sandusky & Hocking Railroad.
may be readily found oy means of tne following index. This
( Statement fo r the year ending June 30,1896. J
index does not include matter in to-day’s C h r o n ic l e .
This company, which assumed possession of its property
For some minor companies see also index in C h r o n ic l e
Nov. 14, 1895, after foreclosure sale, held its annual meeting
of September 12, page 457.
in Columbus, O., Sept. 28. President Guerin, in his first
R ailroads and Mis c e l . C o.’s.
R a il r o a d s a n d M is c e l . C o ’ s .
annual report, said that the Columbus business has not been
Volume 63—
Page.
Volume 63—
Page.
O
regon
p — default, 155; reorg. 190
what might have been hoped for, but has been really better A m erican W a te r W o r k s .......... reorg. 268 O regon Im
HR. & N a v ig a tio n ......... int. 311
A tla n tic & P acific ..........
forerl.
504
than could have been expected under the circumstances. B altim ore & Ohio.coup.152,188,3^6, 558 Or. Sh. L. & U tah N o .plan effective. 358
o
do
.coup. 515, 560
After the election, he says, it is but fair to assume that the C h atta n ooga S o u th e rn ............reorg. 401 P e odria
D eca tu r & E v an sv — coup. 358
Cheraw & C h ester..................... reorg. 458
business of the company will adjust itself to normal condi Chesapeake O hio & S o u th w .. .sold. 188 Philadelphia & Reading..4£7t assess. 560
............ sold. 560
tions. The inability of the company to sell its first mortgage Chester & L en oir., .reoro., 227; sale. 402 P o r t dRooy a l & A u gdo
u s ta ....... 7
k* q
C hicago & N orth ern P a cific. . .sale. 559
bonds has been unfortunate, but it is to be hoped that this C olorado M idland ................ status. 559 P o r t R o y a l & W e ste rn Car J reor° * 5o9
Q
uin
cy
O
m
aha
&
K.
C
.........
reorg.
459
Colum
bus
&
H
o
ck
in
g
C.
&
I
.
.reoro.
559
burden will soon be removed. The financial statement for the
C olum bus H o ck . V . & T o l — plan. 228 R ic h m ’ d > ich . I. & B.sale 561; com. 561
year ending June 30,1896, compares with previous years .
Colum bus S o u th e rn ................... sale. 458 St. L ou . & San F r . coup., 155; assess. 311
D etroit L a n sin g & N orthern, .sale. 458 Sum m it B ran ch R R ___ forecl. suit. 359
1896.
1895.
1894.
D u lu th T ra n sfe r R y ............... recvr. 504 Sunbury & L ew istow n. .consol. 516, 561
Gross earninzs............................. $905,296
$904,303
$668,369 D uluth & W in n ipeg— plan. 189, 5<'4 T erre H au te & Logansport.co'm .311, 561
Operating expenses..................... 696,865
740,067
558,494 Grand Rap. & In d . .plan, 153 ; coup. 229 T e rre H au te & P .def. 407; com. 516, 561

$,

Net earnings........................... $208,431
Deducting rental...... ...............?
,7,
Taxes..........................................S
’

$164,236
75,451
19,330

$109,875
63,063
22,153

Surplus applicable to int___$107,260
$69,455
$24,659
The annual interest charge of the company for the first two
years of its existence was to be $302,390, but in July, 1896,
the general mortgage coupons due July 1, 1896, and Jan. 1,
1897, aggregating $185,000, were paid in general mortgage
scrip, the bonds being issued ex these coupons.
The rentals ($75,451) in 1894-95 included: C. G. G. & St. L .
R y ., $13,758; B. & O. R 3 ., $1,635; T. & O. 0 . R y., $12,500;

plan.
com.
com.
&
.....reorg.
.recvr.
com.
def.
reorg.
readjustment.
recvrs.
sale.
coup. pur.
last assess.
.sold,
reorg.
sold.
— last assess.
com. and plan.
...reorg.
recvr.
coup.
sale.

H ou ston E. & W . T e x a s .........
269
Ind. & L ake M ich .......
407;
504
Iron Car E q u ip m e n t...................
458
K ansas City
O m a h a..
504
L ou isville N. A . & C h icago.,
357
do
do
___
402;
559
M em phis & C h arleston ............
310
M exica n N a tio n a l—
659
M urray H ill Bank, N. Y .......
504
N ew Orleans & S o u th e rn .. —
560
N o rfo lk & W e s te rn .........
189
do
do
...........
154
do
do
504;
560
N orthern P a cific........................
189
do
do
154, 368
Ogd. & L. Cham .......
358
do
do
402;
560
O hio S outhern..........
459;
560

def.

coup.
def. <ns. f.8s.
&

U nion P a cific ..................
190, 516
do
do
............
407
W atkins (J. B.) L a n d
M ort.recvr. 463

St r e e t R a i l w a y s .

Volume 63—

Page.

recvr. 559
..def., recvr. 40L
sold. 504
Const. Co....recvr.
458
recvr. 402
new name. 402
recvr. 458
559
...recvr.

B e lt R y. (W a sh in gton , D .C .).
C h attanooga E le ctric.
C hicago & So. S id e R . T .............
Colum bia & Md.
C olum bus (O.) Central S t___
D e tro it R a ilw a y ..............
E ck m g t’n S oldiers’ H o m e (W a s h in gton . D. C .)...........................
F t. W ayn e Consol. St. R y
H o u sto n B e lt & M agnolia Pk,.so/d.
K in gs C ou n ty El. (B ’ k l y n ) ...
M etropolitan W . S. E U C h ’g o
Stillw ater (M inn.) St. R y .........

&

recvr. 402
).coup. 310
sale. 516
458

October 3, 1896.]

THE CHRONICLE.

601

Duluth S m e rio r A Western R y — Duluth & Winnipeg
Altoona Clearfield A Northern RR.— Receiver Appointed.
— At Hollidaysburg, Pa., Sept. 28, on petition of its officers, RR.—New Company Organized.— The Duluth Superior &
F. G. Patterson, the President, was appointed receiver of the Western Ry. has been incorporated, as announced in the
road, which runs from Juniata to Dougherty. Pa., 15 miles. C h r o n ic l e o f Sept. 19. to succeed to the property and fran
The company is unabh- to pay the interest on an indebted chises of the Duluth & Winnipeg, sold in foreclosure and re
organized per plan in V . 63, p. 189.
ness said to amount to $326,600.—V. 81, p. 151.

American Tobacco Company—Dividends.—The company
this week passed the dividend on the common stock, but de'
clared a quarterly dividend of 3 per cent on the preferred
and 3 per cent semi-annual interest on the di vid nd scrip. The
company paid quarterly dividends of 3 percent on the common
stock from 1891 to 1895 inclusive, but last February the divi
dend w%8 passed. In May 3 per cent cash was paid and 20
p. c. scrip; in August the dividend was passed.—V. 63, p. 38.
Atchison Topeka A Santa Fe Ry.— Lease o f Coal P roper
ties.—In accordance with the policy of the new management
to concentrate the business of the company in the single line
of transportation, leases have been made of the company’s
coal properties in Col ,rado and Kansas, the conditions of the
leases providing that the Atchison Co. shall continue to re
ceive its supply of coal from points on its lines at an agreed
irice. Further details of the Colorado property, which is
eased to the Colorado Fuel A Iron Co., Is given in that com
pany's report, which appeareil in the Chboniole, issue of
Sept. 5, page 400.—V. 63, p. 267.

{

Hal (more A Ohio RB.— Ansicer in Suit o f Preferred
Stock.—The receivers filed in the United States Circuit
Court on Sept. 26 their answer to the suit brought by the
Johns Hopkins University to compel them to pay annual
dividends of 6 per cent on the preferred stock. The answer
which, with the exhibits, occupies fifty-two printed pages,
says in part:
T h e se r e sp o n d en ts
a r e a d v is e d t h a t
t h e p e t i t i o n e r a n d o th e r
b o ld e r * o l p r e fe r r e d s t o c k a r e e n t i t l e d to p a y m e n t o n l y o a t o f th e
p r o fit s o f t h e c o m p a n y a s d » c a r e d f r o m t i m e to t im e b y t h e P r e s id e n t
a n d d ir e c to r s , a n d f o n n d b v th e m d is t r ib u t a b le a s a d iv id e n d w t tn o u t
p r e ju d ic e to t h e la w f u l r i g h t s o f c r e d it o r s ; t h a t n o sn o h p r o fits a c
e n ir d to t h e c o m p a n y d u .l n g t h e h a lf - y e a r f r o m J a n u a r y 1 t o J a n e
3 0 , 1 8 9 6 . I n c lu s iv e .
T h e s e r e s p o n d e n t s a re f a r t h e r a d v i s 'd t h a t t h e A c t o f 1 4 2 1 . C h a p t e r
1 2 3 . I n o o n -o r a t ln g t h e B a lt i m o r e £ O h io R R C o ., c o n t e m p l a t e d a n d
p t o v ld e d t h a t ib e c o m p a n y s h o u ld o b t a in t h e c a p i t a l u e - e s s a r y f o r Its
p n r o o s e . . a s w e l l b y t h e e x e r c i s e o f th e p o w e r t o b o r r o w m o n e y a n d
p l e d v e Its p r o p e r t y f o r t h e p a y m e n t o f t h e s a m e a n d I t* I n t e r e s t a s b y
t h e t -e n e a n d s a le o f s t o c k . T h e r ig h t t o b o r r o w m o n e y w a s n o t
a f ie c t e d b y t h e A c t o f 1 8 3 1 , C h a p t e r 3 9 5 . o r t h e o o n t r s o t b y w h ic h th e
no m o s e y a g r e e d t o m a k e c e r t a in p a y m e n t s “ o u t o f t h e p r o fit s o f th e
w o r k . " T h a t p e t i t i o n e r h e r e in w ill b e e n t it le d to n o p a y m e n t , o n a c 
c o u n t o f t h « s t o c k h e ld b v It, o a t o f t h e p r o p e r t y o r I n c o m e l a th e
h a n d * o f i h e s e r e s p o n d e n t s a s r o o o lv e r * u n t il t h e c l a i m s o f a ll t h e
c r e d i t o r * o f s a id n o n p .n y w h o a r e e n t it le d t o d e m a n d p a y m e n t a r e
f o l l y p a id a n d d is c h a r g e d .

The statement of earnings accompanying the answer is
given on a preceding page under the heading, “ Annual
Reports.”—V . 63, p. 558.
Brooklyn Wharf A Warehouse Co.— Increased Facili
ties.— Tnis company is laying tracks along the water front in
Brooklyn to facilitate the handling of merchandise to and
from it* warehouses. Branch tracki wilt be run into the
warehouses and cars will be loaded or unloaded with the one
haodtiag. Improved methods of handling grain will be
adopted so that oars can be fl >ated to the elevators and dis
charged with one handling. Considerable progress has a l
ready been made with these Improvements, the expense of
which will b e m d from earnings.—V . 63, p. 115.
Central of Georgia Ry.—Interest on f i r s t Preference Income
Bonrls.— Notice is given ihat upon presentation of these bonds
on and after Oct. 1, 1896, at the office of the Guaranty Trust
Co. In New York or at the Citizen*’ Bank of Savannah. Ga.,
there will be paid from the earningsof the Rail way Company
up to the 3*lth day of Inoe. 1898. interest on said bonds at the
rate of IJg per cent.—V . 63, p. 401.
Central Yermnnt RR — Mr. Little’s Exam ination.— Mr.
Little is examining the company’s books.—V. 63,p. 358.
Chicago St Sonth »Me Rapid Transit. —Confirmation o f
Sale Postponed.—The sale of the road under the d-cree of
foreclosure was this week onflrm “d nisi by Juige llanecy.
This confirmation will stand unless within the next ninety
days an
of at least $150,000 in excess of the bid of
Messrs. Carter and Adams shall be received. In that case the
property will be re-advertised and another sale take place.—
V. 63, p. 504.
Consolidsted Traction. Pittsburg.—Redemption o f Re
ceipts. —Drexel A Co. of PhiUd-lp iu announced that they
would redeem on Oat. 1st the receipts issued by them under
agreement with Messrs. Whitney & Stevens >n, dated April
11, 1896, by the d-liverv of preferred shires of ths Cons.il idated Traction of Pittsburg.— V. 63, p. 559.
Detroit

Gas

Co. —Coupons

Funded.—Assented

Bonds

Listed.—The Detroit Gas Co. has made a statement to the

N. Y . Stock Exchange that $1,892,000 of the outstanding
$2,000,000 of binds have absented to the arrangement to fund
the four c> upon* maturing Aug. t, 1894. to Feb. 1. 1898, inclnsive, and that the August, 1896. coupon wa* paid at
maturity. Th“ Governing 0 >mmitt<e of the Stock Exchange
has ordered that bond* carrying current coupon be a deliverv.
The foam earniog* of the company for th- year ending Feb.
39, 1896, were $570,417; net earning* $347,388. The gross
earnings from Mircn 1 to July 31, 1398. were $139,708, as
against $'69 699 same period last year, ths net $89,026 as
against $50,331.—V. 81, p. 923.

Fitchburg RR.— Bonds Authorized.— At the annual meet
ing Sept. 30 the stockholder* authorized the proposed issue of
$3,750,000 bonds to provide for the bonds maturing in 1897.
Joseph B. Russell was elected to succeed William L. Chase
on the board of directors. The other directors were re
elected.—V. 63, p. 458.
Grand Rapids A Indiana Ry.— Coupon Payments.— All
back coupons of the unguaranteed 7s from Oct. 1, 1894, to
and including Oct. 1. 1896, were paid Oct. 1 on presentation
to Winslow, Lanier A Co.—V . 63, p. 229.
Illinois Central RR.—St. Louis Alton Sc Terre Haute
RR.— Extension o f Belleville & So. Illinois Ss, due Oct. 1.—
The Belleville A Southern Illinois RR. Co. has arranged for
the extension of its $998,000 of 8 per cent first mortgage
bonds due Oct. 1, 1S96, for one year to Oct. 1, 1897, with in
terest at 41£ per cent per annum, payable semi-annually.
The principal and interest of the extended bonds will be
payable in gold coin and be guaranteed by the Illinois Central
RR. Co. by endorsement on presentation of the bonds at No.
214 Broadway. Bondholders not assenting to such extension
will receive Oct. 1 the principal and interest due them, at the
office of the Illinois Central.—Y. 63, p. 402,
Indiana & Lake Michigan Ry.— Deposits o f Bonds Called
For.—The fi#s: mortgage committee, Morgan G. Bulkeley,
Chairman; Sylvester C. Dunham, of Hartford, and J. S.
Farlee and Moses L. Scudder, of New York, gives notice that
with the co-operation of more than a majority of outstand
ing bonds it has prepared a bmdholders’ agreement and
invites the deposit of bonds thereunder at the Central Trust
Co. of New York. The committee is empowered to enforce
the guaranty, to prepare a plan of reorginizati >n, etc., but
depositing holders who do not approve the plan will be given
an opportunity to withdraw th-ir bonds on payment of their
share of the expenses of the oommittee, not exceeding $10 per
bond. See advertisement in another column.—V. 63, p. 504.
Kansas City A Southwestern RR.—St. Louis A San
Francisco RR.— Agreement.—The Reorganization Committee
of the St. Louis A San Francisco, having acquired over twothirds of the Kansas City & Southwestern bonds, offer the
same terms to the remiinier of the bonds, viz., for each
$1,000 bond the new securities of the St. L. & S. F. will be
given as follows: $650 new fours, $100 in second preferred
stock and $600 ia common. Deposits under the agreement
will be received at the Mercantile Trust Co., New York.— V.
63. p. 455.
Kentucky A Indiana Bridge—Status o f Foreclosure.— As
stated by President Thomas recently in the annual report of
the Louisville New Albany ACaicago (V 63, p 500), his road,
together with the Biltimore A Ohio Southwestern and the
Southern, have purchased an in erest in this bridge, which is
intended to give them control. It is said the three roads to
gether hold $264,000 o it of $400,000 of the terminal bonds
and $321,000 out of $600,000 of the second mortgage securi
ties. According to the “ Louisville Courier Journal,” the
Baltimore A Ohio Southw stern is at present the only road
using the bridge, although the Illinois Central and the Monon
give it considerable business. Just when the three roads will
take possession is uncertain. Next month Judge Barr will
settle the priority of claims, and later will eater a decree di
recting a sale of the property. It is not thought likely that
any final determination of the suit will be made until next
spring or summer, the prooerty to be sold next fall and pur
chased if the plan of the three roads is carried out in their
interest.—V. 63, p. 116, 500.
Louisville New Albany & Chicago M y.— Default Oct. 1.—
The company defaulted on the October 1 coupons of the con
solidated bonds, as had been announced in the C hronicle
would be done.— V . 63, p. 559.

Marietta A North Georgia RB.— Atlanta Knoxville A
Northern By.—Cash Payment.— The syndicate which pur
chased the Marietta A North Georgia at tbe foreclosure sale
November 25, 1895, will make another payment on November
1 of $125,0 )0. Tnis will make $535,000 p aid, and under the
agreement made with the Court the syndicate will obtain
possession of the property. Tne purchase price was $950,000.
—V. 63, p. 30.
Maritime Canal.— Bonds and Stock Authorized.—This
company, which proposes to build a canal across Cape Cod,
has been authorize! by the Massachusetts Railroad Cim nissioners and Haroor and Land C >mmi*sioners, sitting j li itly,
to issue from time to time the $6,000,000 of stock and $6,000,000
of bonds.—V . 62, p. 909.
Minnesota Iron.— Dividend Passed.— The Minnesota Iron
Co. directors have decided not to pay the dividend due Oct.
15th of
per cent on account of the depression in the iron
trade. Tne company hopes to resume dividends arter the
election. No dividends had been paid since 1893, when in
April, 1896, 1J£ per cent was paid, this being followed by
another 1$£ per cent in July.—V. 62, p. 364.
New Orleans A Western RR.— New President.—Ala. meet
ing of the board of directors Sept. 21, ffm . Mason Smith, a
former Vice-President, was chosen President of the company

602

THE CHRONICLE.

and W m . W . Bierce was elected Vice-President. Mr. Smith
is reputed one of the largest cotton buyers of the Port and oc
cupies an iifluenlial position among cotton men. Mr.
Bierce is the inventor of the Bierce cotton press, which is
used at Pert Chalmette, and which enables the company to
deliver cotton for shipment at a density of thirty pounds per
cubic foot. Both parties are resid-nts of New Orleans.
The business of the company in hand and contracted for has
necessitated the erection of two additional cotton presses,
making four in all, and the addition of 600 feet to the wharf
frontage, and more than a mile of additional track upon the
terminals of the company at Port Chalmette. The company
is said to have secured practically all of the tobacco business
and a considerable part of the grain business coming to the
Port.— V . 62, p. 876.
New Vork New Haven & Hartford R R .— Old Colony R R .
— Dissolution o f Providence & Stonington S3. Co.— A t Provi
dence, R. I „ Sept. 29, the stockholdirs of the Providence &
Stonington Steamship Co. voted to wind up its business, and
after paying all debts to distribute the remaining surplus
among the stockholders. The New York New Haven & Hart
ford owns all but 449 shares of the stock. President Clark
announced that the railroad company would pay SI50 a share
on all of the remaining stcck delivered during October.
Bonds Authorized— Consolidation.— A t the annual meeting
of the Old Colony Railroad Sept. 29, the stockholders author
ized the proposed issue of $3,000,000 bonds and the proposed
agreement of consolida'ion with the Fall River Railroad
Company. The Old Colony owns practically all the stock of
this- company and all the honds are owned by the New York
New Haven & Hartford RR. Co.
President Choate said substantially :
Of the authorized issue ol $ 1,00n.noo bonds last year, $750,000 is
still held.as it hits been deemed inadvisable to out the bonds out during
the year. About *'5O,n00 has been borrowed to tike up bonds matur
ing. Of the three miliiou-doUar issue just voted. $2,400,000 will be
used in taking up maturing bonds and $ 100,000 for-impeovemeots. ft
is not anticipated that there will be any necessitv for large expendi
tures in this direction muoh longer. The agreement for consolidation
wiih the Fall River RR. provides that the Obi Colony shall issue its
4 per cent bonds in exchange for Fall River bonds and shall issue ire
stock for Fall River stock in proportion of one share ■f Old Colony
for ten shares of Fall River Company. All but one share of this new
issue will eventua'lv oome back iuto the treasury of the Old Colony
RR., as it owns now all but eight or nine shares of the Fall River
stook.
New slock.— The 1,000 shares of Old Colony RR. stock
offered for sale by order of directors were sold this week at
auction at 1 7 0 ^ .— V . 63, p. 515.
N orfolk & Western Ry.— New Officers.— The new company
took possession at midnight on Sspt. 30. with the following
officers: President, Henry Fink, office at Roanoke: Treasurer,
W illiam G. Macdowell, office temporarily at Philadelphia;
Comptroller, M. O. Jameson, officel temporarily at Philadel
phia; Auditor, Joseph W . Coxe, office atRoanoke; Joseph I.
Doran. General Solicitor, office at Philadelphia; Secretary,
A . J. Hemphill.— Y , 63, p. 560.
Northern Pacific R R .— Interest Payable on General First
Mortgage Bonds Deposited.— Holders of reorganization cer
tificates for general 1st mortgage bonds, on present a' ion of their
certificates at the office of J. P. Morgan & Co., New York,
for proper endorsement, will be paid $13 50 in cash in respect
of each $1,000 of bonds mentioned in such certificates for in
terest to Oct. 1, 1896, pursuant to plan of reorganization.
Duluth & Manitoba R R .— Holders of Guaranty Trust Com
pany receipts for Dulurh & Manitoba first mortgage bonds
who have not already collected $90 per bond, being ten per
centum on accountof the contract price of the sale, under the
agreement of June 16, 1896, of the bonds represented thereby,
are requested to present them at otice to the Guaranty Trust
Company. 65 Cedar street, New York for c llection of this
amount.— V . 63, p. 560.
Bonds Called.— In our advertising columns to-day will
be found the advertisement giving the numbers of the Pei d
a’Oreiile Division bonds railed for payment, as mentioned in
last week’s C h r o n ic l e — V . 63, p. 560.
Ogdensburg & Lake C hm iptain R R .— Majority o f Bonds
Deposited— Further Deposits.— The Parsons Committee an
nounces that more tha i a majority of the first consols has been
deposited under its reorganization plan and agreement. A d 
ditional deposits may be made as permittei in the agreement,
but the committee states it is not probable there will be any
extension of lime.
Oregon Railroad & Navigation Co — New Directors — The
following constitute the Board of Directors of the m-w com 
pany : E . McNeill. President ; A. 3. Heiil-lbacb, Chairman of
the Board ; H. W . Corbett, Miles C. Moore, C H Lewis,
Henry Failing, W . M Ladd, W . B. Aver. W . W . Cotton, A .
L, Mills. Chas. S. Fairchild, W m L Bull, John Crosby
Brown, Francis S. B mgs, W . E. G lyn.— V. 63, p. 455.
Oregon Short L in e& Utah Northern Ry — Coupon P a y 
ment.— The coupons due Oct. 1,1896, from the Utah & Northern
Ry. equipment trus 5 per cent ooods were paid at maturity
at the U Jon Trust Co., or at. 92 Ames Building, B uton .
Oregon Short Line 6s Payable Principal and Interest in
Gold,— Our attention has been dirtc ed to the fact that while
the coupor s of the Oregon Short Line first mortgage sixes
read “ pavsl'D in lawful monev” and the bond merely prom
ises to pay $1,000 in gold coin of the United States of A ueri-a
of or equal to the present standard of value, and interest
thereon at the rate of 6 per cent per annum (no particular
currency indicated), the intent of the framers of the mortgage

[V o l . LX III,

is clearly expressed in the preamble, which reads, “ said bond®
to be payable principal and interest in gold coin of the United
States of or equal to the present standard.” It would appear
from this that the interest on these bondr is payable in gold
as well as ihe principal, notwithstanding the common be
lief to the contrary.— V ..63, p. 560,
Philadelphia & Reading U R .— Earnings.— The results o f
operations of the Railroad and of the Coal & Iron Company
for August and the first nine months of the fiscal year have
been as follows :
----------- August.-----------x /— Dec. 1 toA.ua. 31.—•
1896.
1895.
1891-96.
1894-95.
R itT.rto.u) C om pany —
*
$
$
$
Uroas receipts............. ...... .1,755,708 1,906,417 14,856,996 15,077.066
Operating exponses-......... 946,242
997,044 8,5*4, IC8 8,597,483"
Operating profit.......... , 809,466
Net from other sources__ . 44,922

909,373 6,2^2,838 6,4-9^ 83
24,530
556,442
459,448

Total............................ . 854,388
Deduct—
Equipment payments___ . 127,070
Terminal trackage........... . 40.000
Improvements, &c............ .
28,886
Proport’n year’s charges... 695,000

933,953 6,829,330 6,939,031
104,430 *1,286,661
730,343
360,000
37,832
340,488
971
115,824
77,418
694,274 6,255,000 6,248,469

837,507 8,017,485
Total........................ . . 890,956
Balance.............................. df.36,568 sur.96,446 d.1,188,155
Co a l and I ron C o . Gross receipts...................... 1,593,200 1,960,140
Operating expenses............1,450,213 1,996,875 15,951,347
Col'iery imnrovements .
74,s55
56,385
Permanent improvements
4,500
3,752

7,396,718
d.457,687

19,217,77915,890,62
15,981,093
5 9 ',9 5367,344
36,800 29,961

Gross expenses..................1,529,268 2,057,012 16,588,112 16,378,398
Balance from mining... piflt63,954 loss9e,872)oss374,3331oss 187,769
Troponin year’s charges.95,000
95,000
855,000
910,0 O
Balance, loss......................
31,046
191,872 1.229,333 1,397,769
P. & R RR. and C. & I. On.—
Balance of railroad Co...... df.36,568sur.9fi,446dfl.l«a,ir.Pdef.457,687
Loss of C. & I. Co...............
31,046
191,672 1,229,333 l,3e7,769
Deficit both companies

67,614

95,426 2,417,433 1,855,456

* Includes $520,000 car trust certificates matured in 1894 and 1895
not properly chargeable to 1896.—V. 63, p. 560.
Rapid Railw ay of D e tr o it— Earnings.— Earnings for the
twelve months ending August 31, 1896, h ive been reported as
follows :
Gross.
Op. expenses.
Wet.
Interest.
Bal., sur.
$70,172
$30,630
$33,542
$15,000
$18,542
The road was opened July 14, 1893.—V . 62, p. 139.
St. Louis & Sau Francisco RR.— New Mortgage Filed.—
The reoTgan'z-d company has filed i>s new c msolidated
mortgage for $50,000,009 to the Mercantile Trust C >. of New
York and Paschal P. Carr of St. Louis, as trustees. The
bonds are 4 per cents, and both the princioal and interest are
payable in gold coin of the United States, equal to the
present standard of weight and fineness.—V , 63, p. 455.
Standard Rope & Tw ine.— New Mortgages Filed.— 1 he
comp ny is filing its new first mortgage for $ 4,000,000 to the
Manhatian Trust Co., New York, as trustee, and second mort
gage for $7,500,000 to the Central Trust Co., New Y o rk .—
V . 63, p. 563.
Third Avenue R R .— Right to Use Trolley on Kingsbridge Extension—The State Board of Railroad Com
missioners has granted permission to this company to extend
its system along the Kwgsbridge road and to operate it with
overhead trolley system for ten years. The extension will
connect with the present cable rotd at 162d Street and will
follow the Kingsbridge road to Spuyten Duyvil Creek near
KiDgsbridge station. W hen the bridge across Spuyten Duy
vil Creek has been built it is said the road will be extended
to the city limits. AtGdie end of ten years the Commission
will take the matter up for further consideration, and will'
then either extend or annul the right.— V . 63, p. 561.
Twenty-eighth & Twenty ninth Streets Ry., New Y o rk
City — Sold in Foreclosure.— This property, including the
franchise for trackage from foot of West. For. y-second Street to
foot of East T-venty-third Street, real estate and personal
property, was sold Wednesday under foreclosure of a mort
gage, upon which $814,556 is due, to Charles W . Truslow for
$25,000. On Thursday the properly was turn d over to the
new Twenty-eighth & Tweniy-ninth Street Cro-stown RR.
Co. The property is expected to pass form d 'y into the con
trol of the Metropolitan Street Railway Company not many
weeks hence.— V . 62, p. 785.
Union Consolidated Elevated R R .— U nion Elevated R R .
— Metropolitan West Side Elevated, C h'cugo.— New Bond
Issue.— A me ting of the directors of the Union Consolidated
Elevated Railroad will be held Nov. 23 to authorize a bond
issueof $1,0) 0.000on that part of the Van Buren S reet side of
the union loop between Fifth Avenue and HaUied Street. This
is the single track part of the loop to be used by the Metropol
itan Elevated, and the backers of that company it. is said have
agreed to buy the bond is»ue. The Union Consolidated, which
is m rely a part of the Union Elevated, will build the road
with the pr< cetds. No part of the union h op proper, it is said*
will be under the mortgage. The Chicago “ Tribune” says :
The foundations for the Van Buren Street side between Wabash and
Fifih avenues are all in and ihe irou for he superstructure has all been
ordered, and will be ready for shipment >ot. . ft. will not b sent to
Chicago, however, before the Supreme Court dect ion. Phis is ex
pected before Oor, 20. If not rendered before that time tbe Appellate
Court wi'l hand down a decision, expecte i to tie favorable, and tbe
work wilt proceed. The structure ean be erected in sixty days.—V.
6 2 ,p. 553; V. 63, p. 310-i „

THE CHRONICLE.

October 3, 1896.]

R

NEW

e p o r t s

a n d

J J o e u w e n t s .

YORK C EN TRA L & HUDSON
R A I L R O A D J S O M P A N Y.

RIVER

E X T R A C T FROM TH E T W E N T Y -S E V E N T H A N N U A L
REPORT— FOR TH E Y E A R EN DED J U N E 30, 1896.
ROAD OPERATED.
Road o+ned—
N. Y. Cent. A Hudson R. HR., main line (New York to Buffalo)
New York Central Sc Hud-on River Railroad, branches..........

Miles.
441-75
377-70

T o t a l m ile s N e w Y o r k C e n t r a l Ac H u d s o n R iv e r R a i l r o a d ..

8 1 9 -4 5

Roads leased; main lines and Branches:
Troy A G r e e n - u s h R a i lr o a d ...............T r o y t o

G r e e n b u s h ....................
N . Y . Sc H a r l e m H R . ( s t e a m l in e ) .- N e w Y o r k t o C h a t h a m .........
S p u y t e n D u y v i l Ac P o r t M o r r is R R .S p t i y t e n D u y v i i t o H a r l e m
R R . J u n c t i o n .........................
W e s t S h o r e R a i lr o a d .................................W e e h a w k e n to B u f f a lo —
N e w J e r s e y J u n c t i o n R a i lr o a d ........ W e e h a w k e n t o J e r s e y C i t y
R o m e W a t e r t o w n Ac O g d e n b ’ g R R . .S u s p e n s i o n B r id g e t o M a s s e u a S p r i n g s ............................
M o h a w k A M a lo n e R a i lw a y _______ H e r k im e r t o M a lo n e ...............
C a r t h a g e A A d ir o n d a c k R a i lw a y . .C a r t h a g e t o N e w t o n F a l l s .
G o u v e m e u r Ac O s w e g a t c h i e R R ___ G o u v e r n e u r t o E d w a r d s . .
N e w Y o r k At P u t n a m R a ilr o a d ........N . Y . t o P u t n a m J u n c t i o n
T i v o l i H o l lo w R a i lr o a d ........................... W e s t A l b a n y t o lu m b e r
y a r d s , A l b a n y .......................

6 00
135*90
6 04
4 9 5 -2 0
4*85
6 2 4 -3 1
1 8 1 -5 0
46*10
13*05
61*21
1 *2 3

Total miles of road operated................................................. 2,394*84
The Dunkirk Allegheny Valley Ac Pittsburg Railroad and the Beech
Creek Railroad are also leased by this company, but their mileage and
operations are not included in this report, as separate accounts have
been kept and separate report- made in behalf of those companies.
O O ltm O D O I

AND

E Q U IP M E N T .

The total of this account stands at $158,617,690 70, as shown
on the balance sheet. During the year the account lias been
increased $886,607 07. A ll other expenditures for ad itions
and improvements have been charged to operating expenses.
CAPITAL STOCK.
The Capital Stock of the company remains unchanged at
$100,000,000 00, to w i t : 1,000.000 shares at $100, including
$6 ,800 00 consolidation certificates not yet converted.
U N D I D DEBT.
The total of the funded debt is now $70,377,333 33. By
virtue of a resolution of the Board o f Directors, May 13,1890,
$800,000 00 of the four per cent gold debentures of 1890 were
purchased during the year and retired.
COMPARATIVE SUMMARY OF OPERATIONS.
June 3 0 , 1895.
June 30, 1896.
• 4 2 . 4 8 9 . 5 3 7 0 6 ................. G r o s a e a r n i n g s . * 4 5 . 1 1 1 .9 6 7 4 7 / . $ 2 , 6 5 5 . 4 3 0 41

28,810,443 33. .........Operating exn. 30,435.57048
(6 7 -8 l% i

.................. E x p 's t o e a r n s .

7.1,645,127 15

(67 4 6 % )

SUMMARY OF FIRST CHARGES.
Interest on bonds etc...................... .................................. $4,153,775 93
Rental of leased lines......................................................... 5,967,608 86
New York state taxes.........................................................
224,219 10
Reserve for redemption of 4 p. c. gold debentures.........
300,000 00
Total first charges......................................................... $10,645,603 89
DIVIDENDS.
Oct. 15, '95.1% on 1,000,000 shares of capital stock.. $1,000,000 00
Jan. 15, ’96,1% •• 1,000,000 “
“
“
" .. 1,000,00000
April 15, ’96, 1% “
1,000,000 “
“
“
“ .. 1,000,000 00
July 1 5 ,’96. 1% “
1,000,000 “
“
“
“
1,000,000 00
T otal.... 4 % ...................................................................... $4,000,00000
COST OF ROAD AND EQUIPMENT—CONSTRUCTION ACCOUNT.
COST OF ROAD.

Grading and masonry........................................................ $21,818,488 43
Bridges and trestles.........................................................
3,126,437 84
Superstructure, including ra ils ...................................... 31,814,144 72
Buildings and fixtures...................................................... 16,594,025 66
Block signals......................................................................
985,877 33
Land, land damages and fences...................................... 17,989,481 09
3,024,323 73
Engineering ......................................................................
Rochester Ac Lake Ontario Railroad..............................
150,000 00
Buffalo A- Niagara Falls Railroad...................................
658,921 56
400,000 00
Lewiston Railroad............................................................
Saratoga Ac Hudson River Railroad................................
2,000,000 00
Syracuse Junction Railroad............................................
732,297 57
Junction Railroad, Buffalo..............................................
219,900 00
Niagara Bridge Ac Canandaigua Railroad......................
1,000,000 00
331,589 93
i.eneva A Lyons Railroad...............................................
Consolidation certificates, representing costof road to
this company.................................................................. 31,157,904 00
Total cost of road................................................
#

$132,003,391 86

COST OF EQUIPMENT.

freight ...................................................................... $14,799,150 88
Cars, road and hand..............................................................
60,64000
4,670,45696
Cars, passenger, baggage, etc................................................
Locomotives, passenger.........................................................
1,217,25000
Locomotives. frehtbt..............................................................
4,911,25000
Floating equipment .......................................................
950,551 00
Total cost of equipment.............................................. $26,614,298 84
Grand total cost of road and equipment..................$158,617,690 70
ITEMS CHARGED TO CONSTRUCTION ACCOUNT DURING THE
YEAR.
New shops and yard at Depew................................................$552,465 11
•

nger sta tio n . Sy reevise......................... ............................

Flour warehouse, Coit dock, Buffalo ....................................
Blasting to deepen channel, Colt slip, Buffalo....................
Track scales, Mott Haven and various coaling stations__
Bridges at Amsterdam and Rochester...................................
Tracks, sidings, etc., sundry points........................................
Land at various points............................................................

1 6 6 ,4 2 9 0 2

67,509 61
17,942 65
15,847 97
32,398 03
28,039 68
5,975 00

Total.......................................................................................$886,607 07
SU M M A R Y B Y G E N E R A L L E D G E R ACCOUNTS.

•13.679.Oil3 73........... .Net earnings . $14,689,396 99
10,356,679 .............First charges
10,645,603 89

7.1,010,303 26
7.88,924 00

$3,122.4! 3 31.3*25%. Profit....4 04%. $4,043,793 10
4,339,990 50 4 50% .Divid'd. I 00%. 4,000,000 00

7.921,37926
D.339,990 50

•1,217,576 66 Deficit.................... Surplus $43,793 10 7.1,261,369 76
GENERAL BALANCE SHEET JUNE 30, 1896.
ASSETS.
-C o s t o f r o a d a n d e q u i p m e n t ............................................................... $ 1 5 8 , 6 1 7 , 6 9 0
S p e c i a l e q u i p m e n t . ....................................................................................
4 ,2 0 6 ,1 6 4
S t o c k s a o d M o d s o f o t h e r c o m p a n i e s ........................................
9 ,9 0 6 ,4 1 1
A d v a n c e s f o r c o n s t r u c t i o n o f o t h e r lin e s , ren l e a t ., e t c .
6 ,0 1 3 ,0 0 0
N e w Y o r k A H a r le m R R . C o n s t r u c t io n a c c o u n t ................
1 ,3 4 2 ,1 8 6
W e s t a h o r e R a ilr o a d C o n s t r u c t i o n a c c o u n t .........................
2 0 6 ,9 8 3

Park Ave. Improv't and new bridge over Harlem Rlv.

70
31
80
82
62
25

2,194,236 06

C h a n g e o f g r a d e c r o s d n g s . B u f f a l o .............................................
Rome W a t e r t o w n Ac O g d e n a b . R R . E q u i p ’ t u n d e r le a s e
D n e b y a g e n t s a n d o t h e r s ......................................................................
F u e l a n d s u p p lie s o n h a n d ..................................................................
Cash o n hand.............................................................................................

5 3 2 ,7 0 7
3 5 1 .4 6 6
4 ,» 1 8 , 1 9 3
2 ,3 4 5 ,8 9 9
4 , 3 < 8 ,3 2 6

08
96
51
97
97

T ota l..............................................................................$194,706,629 05
LIABILITIES.

♦508 3

Grading and masonry................
$42,756 50
Superstructure...........................................................................
56,701 66
Buildings and fixtures.............................................................. 777,942 90
Land, land damages and fences...............................................
5,975 00
Engineering................................................................................
3,231 01
Total......................................................................................$886,607 07
Cost of road per mile owned (819-45 miles)......................... $161,087 79
Cost of equipment per mile owned......................................... 32,478 25
Cost o f road and equipment per mile owned..................$193,566 04
DETAILED STATEMENT OF CAPITAL STOCK AND
FUNDED DEBT.
Capital 8lock.
Number of shares authorized and issued........................
1,000,000
Par value per share...........................................................
$100 00
Total par value authorized, issued and outstanding...$100,000,000 00
Dividend for the year....................................................... Four per cent.
Amount of capital stock issued per mile of road owned
............................................................
$122,033 07
Funded Debt.
Amount of Amount Issued
and now
When
When When
authorized
outstanding. Rate payable.
due.
issue.
Class of bond. issued.
N Y C * H R HR
j*
7.300,000
00
7jsjg|j5§.
1st Mort. Coupon 1878 Jan. 1, 1003 *30,000,000
N Y C * H R HR
| 22.700,000 00 7* j $ iffy
1st Mort. Regls’d
N Y C 4 II R RR
£ 2,000,000
9,733.333 83 O^liltjSPy
1st. Mort. Sterlg j 1873 Jan. 1. 1903
N Y C X H It RR
f 6,938,000 00 Sf
Debent’s Coupon
*10,000,0(0
|
1884
Sept.
1.
loot
N Y ** A H R RR
{
3,072.000 00 5 * ! $ j “ ’pt
IiebeV s Resist'd

C a p i t a l s t o c k . ................................................................................... $ 1 0 0 ,0 0 0 ,0 0 0
00
F u n d e d d e b t ...................................................................................................
7 0 ,3 7 7 .3 3 3 33
B o n d * a n d m o r t g a g e s o n r e a l e s t a t e ...........................
5 7 .0 0 0
00
2 ,9 1 4 ,1 5 0
00
B e c tir iU e s a c q u ir e d f r o m le s s o r c o m p a n i e s ...........
P a s t d u e b o n u s ..............................................................................
4 ,7 9 0
00
I n l e r e - t a n d r e n t a ls a c c r u e d ........................
3 ,7 4 3 .2 1 3 4 6
U n i a l m e d I n t e r e s t .....................................................................................
2 4 ,1 6 6 6 0
D i v i d e n d p a y a b le J u ly 1 5 , 1 9 9 6 ......................................
1 ,0 0 0 ,0 0 0
00
U n c l a i m e d d i v i d e n d s .................... - ........................ .................................
3 7 .6 9 1 5 6
D u e f o r w a g e s , s u p p lie s , e t c ...............................................
2 ,7 6 9 .0 8 1
*1
D u e o t h e r r o o d s , e tc ..............................................................................
1 ,6 5 4 , 6 4 3 6 4
R o m e W a t e r t o w n Ac O g d R R . C o n s t r u c tio n a c c o u n t . . .
2 1 2 . 3 5 3 12 N Y C A H R RR
Deben's Reg st’d
C a r t h a g e Sc A d ir o n d a c k R a i lw a y C o n s t r u c tio n a c c o u n t
3 0 , 7 2 3 11
N Y C A H R RR
P r o fit a n d lo s s ( e x c e s s o f a s s e t s o v e r lia b ilit ie s ) ............
1 1 ,9 8 1 ,4 9 1 4 2

j 1889 Sept. 1, 1004

1. 000.000

1 .000,000 00

f 11,708.000 00
|jgt*Dec?
June 1, 1905 16,005,000
| 1.488,000 00 4 * !i“
$194,700,628 05
SUMMARY OF EARNINGS.
j 4,082,000 00
0,460,000
For the uear end.
For lh' year end.
May 1. 1903
j 1,108,000 00 M jS iifS r.
June 30. 1995.
J u n e 30, 1896.
Inc. or Pee.
7.81.716.000 68 Total Amount of funded debt................................ ..*70,377.833 33
$24,268,709 50 Freight....................$25.9*4.710 18
12,965.112 44.. Passenger............... 13,705,020 94
7.739,908 50 Amount per mile of road owned (810-45 miles).....
*85,883 02
7.13«,«00 58
1,716,779 *2. Rents..,...................
1,853,580 40
1,551.901 14 M ail......................... 1,552.679 92
•Extended May 1st, 188-3, for ten years; further extended May 1st, 1893, for
7.778 78
1.68,808 69 twelve years.
1,222.961 36 Express.................. 1,291.770 05
7.1,085 6 i
14,456? 9 Telegraph................
15,542 22
CURRENT CASH ASSETS AND LIABILITIES JUNE 30, 1896.
/A59 14
665,186 76. Interest..................
665,127 62
D.7,893 32
84.429 46.. Miscellaneous.......
76,536 14
AS8ET8.
$4,36*,326 97
Totals..............$43,144,907 47
7.$2,635,430 41 Caah charged Treasurer.....................................................
$42,489,537 06
290,536 22
( ’ash in tra n sit................................................................... 2,345.899
97
SUMMARY OF EXPENSES.
Fuel and supplies on hand.................................................
608,177
Due from «g- nts ............................................................... 1,618,868 88
$4,390,989 84 .Maintenance of way
46
and ttructare*___ _ $5,327,696 32 7 $930,706 48 Due from individuals and companies...................... . .
56
4,251,468 64. Muin Dma nr** of equip.. 4,639,017 34 7.387.548 70 Net traffic balances duo from individuals and companies. 1,625,461
206,983
25
17,660.606 54 Traftb expenses
. .. 17.u66.892 27
7.6,285 73 West Shore Railroad Construction account ..................Rome Watertown Ac Ogdensburg Railroad Equipment
972,578 31 . tieneral expauses ......
1.091,85s 66 7.119,280 35
354,466 96
under lease........................................................................
1,528.800 00. Taxes...... ...................... 1,730,105 89
7 201,305 89
$11,418,721 27 ,
$28,910,443 33
Totals..................... $30,455,570 48/.$l,645,127 15
Dehent’s Coupon ;
N Y C A H R RR i[ 1890
Deben’s Regisr’d J
*\ V Cent. RR i
Ext'dD’t Ct'sCou i 1853
• S Y Cent. RR i
ttet’d D’tCt'aRegJ

604

THE CHRONICLE.
LIABILITIES.

Bills payable {notes given in part payment for Carthage
$218,750 00
Watertown & Sachets Harbor stock).............................
57,000 00
Bonds and mortgages on real e s ta te ................................
4,790 00
Past due bonds......................................................................
Accrued interest and rentals............................................... 3,743,213 46
24,166 60
Unclaimed interest................................................... ........
Dividend payable July 15, 1896........................................ 1 ,00 0,000 00
37,691 56
Unclaimed dividends...........................................................
Due for wages, supplies, etc............................................... 2,769,081 81
Net traffic balances due other companies........................ 1,003,756 12
319,890 29
Due individuals and companies.........................................
212,353 12
Rome Watertown & OgOeusburg RR. Construction acct.
30,723 11
Caitkage & Adirondack Railway Construction account.
Excess of assets over liabilities.......................................... 1,997,305 20
$11,418,721 27

1895.]
Description o f freight moved.
Tons.
865.353.. Flour........................................................................
1.762.835.. Grain...................................................................
1.907.647.. 0.her agricultural products............................
733.722.. Live stock..........................................................
720.922.. Fresh or pickled meats or provisions..................
315.342.. Petroleum and other oils.................................
1.502.626.. Lumber.........................................................
506.968.. Pig & bar iron & steel, and. iron & steel rail_
2 7 1.589.. 1.on and other ores...........................................
5.602.230.. Coal and coke.....................................................
1,522 7 9 2 ..Manufactures.........................................................
1.866.909.. Merehaurtise............................................................
2.162.560.. 0.her articles.....................................................
19,741,495..

INCOME ACCOUNT.
EARNINGS.

N ew York t o E ast A lban y (m ain
line) ....................................................
A lban y to B uffalo (m ain lin e ).......

DEDUCT.

Operating expenses and taxes............... $30,455,570 48
Interest on bonds, etc.............................. 4,153,775 93
Rental of leased lines............................. 5,967,608 86
147,4 66 50
New York State tax on capital stock...
76,752 60
New York State tax on earnings—
300,000 00
Reserve for redempt’n of 4% gold deb’s
4,000,000
00
Dividend of 4% on capital stock...........

150*33
468*96
722*03 1,890*81

441*75 441*76 317*27 286*64
377*70 81*84

872*36 2,359*77
*
45954

T o ta l m iles o f single track
o w n e d ............................................ 819*45 523*59 317*27 286*64

872*36 2,819*31

Lines leased—

T r o y <fc G reenbush R R ...................
Spuyten D uyvil .V P o r t M orris R R .
N ew Y ork & H arlem R R ................
W e s t Sh ore R R ..................................
New Jersey J u n ctio n R R ..............
R om e W ater. & O gdensburg R R ..
R o m e W a te rto w n
O gdensburg
R R . leased lin e s .............................
M obaw k & M alone R y ...................
Carthage & A dirondack R y ...........
G on vern eu r & O sw egatchie R R ..
N ew Vork
P u tn am R R ................
T iv o li H o llo w R R ..................... ...

&

45,101,174 37

Surplus...........................................................................

$43,793 10

&

ADD.|

Balance of Income Account June 30,1895...................

11,837,688 32

Balance of Income account June 30,1896............... $11,881,481 42
ANALYSIS OF TRAFFIC EARNINGS AND EXPENSES.
EARNINGS.

1895.
1896.
$23,930,513 9 7 ....From freigh t...................................... $25,621,154 85
338,195 53__ From miscellaneous sources.............
363,555 33
$24,268,709 50

Total freight earnings................. $25,984,710 18

$12,609,665 14__ From passengers................................ $13,309,263 45
119,213 22__ From excess baggage..........................
135,497 35
236,234 08__ From miscellaneous sources............
260,260 14
$12,965,112 44
^

Total passenger earnings........... $13,705,020 94
EXPENSES.

$18,271,516
10,538,927
cts. 0-73
cts. 0’55

11--- Allotted to transportation of freight $19,459,842 87
22'.'.. .AildttM'to'tfanspbrtafion of pass.. 10,995,727 61
Earnings per ton per mile..............................
cts. 0-67
Expenses per ton per mile...............................
cts. 0*50

cts. 0T8

Profit...........................................................

cts. 0*17

cts. 1*89
cts. 1*54

Earnings per passenger per mile..................
Expenses per passenger per mile...................

cts. 1*89
ets. 1*52

Profit.........................................................

cts. 0*37

ets. 0*35
$1 84
1 38

Freight earnings per train mile....
Freight expenses per train m ile....

$1
1

80
35

$0 46

Profit.............................................................

$0 45

$112

Passenger earnings per train m ile...............
(Including mail and express)
Passenger expenses per train mile..............

$ 113

0 75

0 75

$0 37
Profit.............................................................
$0 38
(2,392*48 miles)
(2.394*84 miles)
$10,14 i 75
Freight earnings per mile of road operated $10,850 29
7,637 06
Freight expenses per mile of road operated
8,125 74
$2,506 69

Profit...........................................................

$2,724 55

$5,41911
4,405 02

Passenger earn, per mile of road operated.
Passenger exp. per mile of road operated..

$5,722 73
4,591 42

Miles of Second Third Fourth
road. track. track. track. SiditiQS. Total.
144*00 144*00 30-63
297*75 297*76 28004 286*64

B ran ch es o w n e d .................................

$45,144,967 47

Total earnings.

3896.
Tons.
826,220
2,677,406
1,785,567
686,409
856,554
317.809
1,818,422
597,801
367,047
6,201,946
1,671,045
2,007,611
2,309,780

Total number of tons..................................... 22,123,617
TABLE OF TRACKS.

Lines owned—

............... $25,984,710 18
............... 13,705,020 94
............... 1,853,580 40
............... 1,552,679 92
............... 1,291,770 05
..............
15,542 22
...............
665,127 62
.................
76,536 14

Freight................
Passenger...........
Rents...................
Mail......................
E xpress...............
Telegraph............
Interest ...............
All other sources.

[V ol . LX1II.

B ran ch es leased .

G rand total, m iles o f single track

6*00
6*00
6*04
6 04
126*96 22*44
425*00 341*4)
4*51
4 51
304*47
5*02
214*05
173*10
46*10
13 05
54*06
1*23

10*41

1041

3*08

1*33

5*20

0*38
0*i 2
55*29
224*75
2*8L
98*81

12*38
12*60
225*51
99104
16*24
408*30

53*60
20*26
9*62
3*60
14*50
0*25

208*26
199*36
55*72
10-71
73*82
1*48

L,375*17 390*50
200*22
3*10

13*49

11*74

490*51 2,281*41
30*4)
239*62

L,575*39 393*60

13*49

11*74

526*71 2,520*93

1,394*84 917*19 330*76 298*38 1,399*07 5,340*24

* Sidings included in second track.
Gauge of traok___4 feet Scinches
Mileage of main line in
State of New York.......... 441*75 Weight of rails, per
yard.....................60 to 100 lbs.
Mileage of branches in
State of New Y ork........ 377*70
Mileage of leased lines in
State of New Y ork.........1,551*72
Mileage of leased lines in
State of New Jersey...................... 23*67
Total mileage...............2,394*84
EMPLOYEES AND SALARIES.
Number o f employees
Year ended June 30,1895 ...............
26,272
“
“
“
1896................
26,867

Compensation
$16,077,747 44
16,713,433 93

Union Pacific Ry.— Coupon Payment.— The coupons due
June 1, 1896, of the collateral trust 5 per cent bonds of 1883
are being paid at the New England Trust Co., Boston.
Through a misprint last week these coupons were spoken of
as due Jan. 1.
A s said in the Oregon Short Line item above the coupons
due Oct. 1 of Utah & Northern equipment trust 5s were paid
at maturity.— V . 63, p. 561.
United Elevator Co.— St. L o m s—Reorganization Plan—
The reorganization committee, D R. Francis. Chairman,
Breckinridge Jones, H . E. Langenberg, H . S. Potter, A . L .
Shapleigh, J. B. M. Kehlor, appointed by the holders of bonds
on the several elevators in the svstem has submitted a plan
of reorganization,— V . 62, p. 1179.
United States Sugar Refining— American Sugar Refin
ing—Safe o f Camden Refinery— The fine new refinery of the

United States Sugar Refining Co. at Camden, N. J ., which
was started ostensibly as an independent concern, with
Adolph Segal as promoter, has been sold, it is given out, to
Southern capitalists, one of whom is said to be J. B.
$1,014 09
Profit............................................................
$1,13131
Hawley of Galveston.
TRANSPORTATION STATISTICS.
The purchasers are represented at Camden by I. D. W heat
1895
Mileage o f Trains.
1896.
on, said to be a practical sugar refiner from Brooklyn. The
14,031,024. .Miles ruu by passenger trains..................
14,586,639 refinery is estimated to have cost between $801,000 and
13.007.458.. Miles run by freight train s.......................
14,183,387 $1,000,000, and to have a capacity of from 1,500 to 2.000 bar
267,06L..Miles run by mixed tra in s........................
355,773
9.291.256.. Miles run by switching and work trains.
9,602,755rels a day. There is much speculation as to whether or not
its purchase was made in the interest of the American Sugar
36.596.799..
Total train mileage...............................
38,728,554 Refining Co.— V . 62, p. 587.
Passengers Carried and Mileage.
William Cramp & Sons’ Ship & Engine Building Co.—
211.759.. Thro ugh passengers...................................
218,000
23.597.706.. Way passengers.....................................
23,688,471 Notes for $250,000 Paid— The gold notes of $59,000 each for the
months of August, September, October, November and De
23.809.465..
Total number of passengers carried.. 2 3,906,471
686,589,144..Passengers carried one mile..................... 724,227,685 cember, 1896, respectively, have been paid. Under the terms
of the agreement the company has the right to anticipate
Freight Canned and Mileage.
447.217.. Tons of through freight, north and west.
486,649 payment of any or all of the notes under consideration and
1.589.236..Tons of through freight, east and south..
2,491,239 it will probably avail itself again of that right.
The company is teported to have earned a speed premium
2,036,453
Total number tons of through freight...
2,977,888
of $350 000 ou the cruiser Brooklyn, recently completed.—V .
6.250,571..Tons of way freight, north and west.......
6,851,744 62, p. 504.
11,454,471..Tons of way freight, east and south........
12,293,985
17,705,042

Total number of tons of way freight...

19,145,729

19,741,495..Tons of freight earning revenue...............
2,420,328..Tons of company’s freight........................

22,123,617
2,192,643

22,161,823

24,316,260

Total number of tons carried................

3,329,206,079..Tons carried one m ile.............................3,874,532,962
286,474,198..Tons of company’s freight carried i mile 227,39l’963
3,615,680,277

Total number of tons carried 1 m ile....4,101,924,925

— Messrs. John C. Hartfield & Son, 71 Broad St., who pub
lish the Bankers’ , Brokers’ and Stock Operators’ Telegraphic
Cypher, will have ready for delivery on Oct. 17 their “ New
Leviathan Code,” containing 225,000 words. Their advertise
ment will be found on page viii. of to day’s issue.
— Messrs. Redmond, Kerr & Co.’s October investment cir
cular will be found at the end of the Q u otation S u p p l e m e n t
furnished with to-day’s issue of the C h r o n ic l e .

October

J * h e

8,

C

o m

605

THE CHRONICLE.

lbbb.]

m

e r c i a l

C O M M E R C I A L

3

k t m e s .

E P I T O M E

Oat. 2,1893.
Business has continued to steadily improve and in several
lines of merchandise a normal demand has been reported for
seasonable goods, with values tending upward. It is reported
that a satisfactory settlement has been arrived at of the
Venezuelan question, and that an arbitration treaty is im
minent ; this report has not been confirmed. The feeling
over the situation in Turkey appears to be much improved,
At the South Atlantic coast a severe storm caused much dam
age both to life and property. There has been a further ad
vance in grain values, the result of strong foreign advices,
and hog products have improved in sympathy. The following
is a comparative statement of stocks of leading articles of
merchandise at dates given.
F r id a y N ig h t ,

T h e Mo v e m en t

of

C O T T O N .
F r id a y N i g h t , October 2, 1896.
t h e C r o p , as indicated by our telegrams

from the South to-night, is given below. For the week ending
this evening the total receipts have reached 283,988 bales,
tgainst 257,631 bales last week and 215,183 bales the previous
week, making the total receipts since the 1st of Sept., 1896,
1,003,824 bales, against 519,239 bales for the same period of
1895, showing an increase since Sept. 1,1896, of 484,585 bales.
Receipts at—

Sat.

Man.

Wed.

Tues.

Thurs.

Fri.

Total.

Galveston........ 6,831 14,625 6,886 6,876 14,164 8,575 57,957
Tex. City, Ac.
556
127
957
235
179
2,054
Sew Orleans... 12,199 16,530 22,331 14,010 8,052 15,531 88,653
Mobile.............. 2,384 4,887
988
987 2,032 1,170 12,448
1 r004
Savannah ........ 5,898 6,023 8,484 3,215 6,907 5,521 36,048
Brunsw’k, Ac. . . . . . .
......
3,461
......
742
4,203
charleston....... 4,045 5,891 1,919 3,124 3,106 4,461 22,546
Oct. 1,
Bept. l p
Oct. 1,
Ft. Royal, Ac.
....
121
3,932
3,811
ia*6.
1696.
1895
Wilmington___ 3,147 3,450 2,734 1,914 1,888 1,475 14,608
F o r k .......................................
5.877
.....
13,439
Wash’ton, Ac. . . . . . .
6.298
15
52
37
L a r d ........................................
25,113
17.558
11,803 Norfolk............. 3,234 6,403 8,544 6,096 5,000 6,299 35,576
13,610
19,511
T o b a c c o ,d o m e s t ic . . .
14.113
......
......
......
......
14,*03
T o b a c c o , f o r e i g n ____ ____ b a le s .
17,282
50.609 West Point....... . . . . . . . . . . . .
C o ffe e , R i o ......................... ..........b a g s .
199,1)08
1*8,147
269.67 4
N'port N., Ao. . . . . . .
204 . . . . . .
204
......
......
......
C o ffe e , o t h e r .....................
61,907
37,886
91.43 1
14,5 '0
O offe e, J a v a , A c ............
66.574
69.147
85
970
592
250
2,811
879
35
B a tta r .....................................
9,584
8.038
1.797 Boston .............
S u g a r ..................................... .b a g s , A o
1,969.062
2,314,523
704,960
396
723
1,119
M o la s s e s , f o r e i g n ____ ..........h h d s.
25
215 PhUadelph'a,Ao * 149
113
434
50
771
25
H id e * ..................................... .............. No.
103.500
60,200
50.«00
C o t t o n .................................. . .. .b a l e © .
64.403
98.079
149,231 rot’ls this week 38,893 58,475 52,856 42,424 41,532 49,806 283,986
B o e l n .................................... ............b b ls .
24,403
29,448
28.175
hhln
697
2.43 4
393
The foliowring shows the week's total receipts, the total since
n r .............. .. .
......
1,492
1,572
435 Sept. 1, 1896. and the stock to-night, oompared with ast year.
R io © , E . I ............................
3,400
4/200
25,700
R ic e , d o m e s t l o ..............
6.300
5.250
1,700
Stock.
1895.
1896.
Receipts to
L in s e e d ..............................
None.
None.
Non©.
S a lt p e t r e ............................ .......... b a g s ..
This Since Sep. This Since Sep.
14,500
17.000
2.800
Oct. 2.
1896.
1895.
J a t e b o t t s .........................
None.
gone.
2,300
Week. 1, 1896.
Week. 1, 1895.
M a n i la h e m p ............................. b a le s .
29.648
40.3*3
7.861
S te e l h e m p ................................. b a le s
52.539
16,177
3,441 Galveston... 57,957 255,626 49,152 130,274 163,841
85,498
F l o o r .... . . . . . . b b l s . an d ta c k s.
134,000
77.900
88.600
Tex. C., Ao.
3,120
......
2,054
13,440
1,013
2,352
The market for lard on the spit has been firm and Drices New Orleans 88,653 272,705 60,088 129,891 166,384 128,199
9,814
19,919
35,433
have advanced. Only a limited amount of business has been Mobile......... 12,448
22,191
23,259
transacted owing to reserved offerings. The close ws9 at
1,004
1,004
4-40c. for prime Western. 4c. for prime City and 4 75c. for re Savannah ... 36,048 148,652 39,543 114,612
64,959
82,680
fined for the Continent. The local market for lard futures
5,629
1,664
Briwlok, Ac
7,937
4,203
17,115
5,488
was neglected, but at the West there was a sharp advance in Charleston.. 22.546
54,629
87,990 25,528
56,818
63,813
prices on general buying, stimulated by the improvement in
4,094
P. Royal, Ac
81
3,932
the grain markets and smaller receipts of swine than ex Wilmington. 14,008
25,095
26,481
28,512
54,2 L5 11,731
pected. The close was steady.
.....
19
52
52
145
Wash'n.Ao.
d a i l y onosmo raroas or l a r d fctorbs.
40,697
Norfolk ___ 35,576 100,089
8,296
15,467
10,884
S a t.
S Ion.
T u ts .
W ed.
lh u r.
Fn.
4,760
3,247
West Point..
50 3,943
4 '1 7
t '1 7
..............................................
September_________ . . . . . . e . t - 1 0
302
763
1,222
N'p'tN., Ac
204
O c t o b e r delivery ............. e .
.............................................
4 10
4 »5
4 -4 0
500 106,684 154,560
225
500
New Y ork...
A moderate amount of business has been transacted in Boston.........
520
6,200
7,307
1,166
3,500
2,811
pork and prices have improved slightly, closing at $7'?5@8'50
4,440
322
753
6,101
Baltimore...
1,119
1,862
for mesa. Cut meats have been quiet. Tallow has had an
5,344
1,274
3,358
Phlladel., Ac.
771
2,650
5,138

active call and the close was firm at 3$^c. bid. Stearines have
been firmer. Cotton-eeed oil has beeu in demand at advanc
ing prices. The close was firm at 21J£,222c. for prime crude
and 25@3St£c. for prime yellow. Butter, cheese and eggs
have been in fair demand and at better prices.
A moderate amount of business has been transacted in
Brazil coffe and values have held steady, closing at 10J»c. for
Rio No. 7. The mild grades have been in fair request and
prices have been unchanged and firm, closing at l5J^o. for
good Cucuta and 22c. for standard Java. Speculation in the
market for contracts has been quiet, and no radical changes
have recurred in values. The close was steady. The follow
ing were final closing prices:
O c t ........................... 9 4 /i « . I J a n . . . . . . . . . . . . . . 9-<X>0. I A p r i l ........................ 9 0 0 o .
9 - 2 0 0 . Feb ................... ..
9 oO c. May_____________ 9 'u O c .
9 0 0 o . I March..................... 9 < k e . | J u n e ....................... 9 0 0 c .

Nov..........................
Deo ............. ............

Raw sugars have continued to sell slowly, but prices have
held about steady, closing at 3 1-16'. for centrifugals, 96-deg.
test at d 2 ll-l6c. for muscovado 89-deg. test. Refined sugars
have been quiet and JtjC. lower ; granulated quoted at 4}£c.
Teas have been in fair demand and firm.
Kentucky tobacco has been in moderate request and prices
have been firm on poor crop prospects. Sales for the month
were 900 hhds. Seed leaf tobacco has been less active but
steady. Sales for the week were 790 cases, including: 250
cases 1895 crop. New England Havana, 16<®25c., etc.; also
800 bales Havana at 80c.@f l 10, and 140 bales Sumatra at
0Qo.t3$l 90 in bond.
There has continued
slow market for Straits tin and
have weakened in response to easier foreign advices,
at 13 80rS 12 90c. Ingot copper
sold slowly, but
have held steady, closing at 10 65^10 75c. for Lake.
been quiet and prices have weakened slightly, clos
ing
at 2'721^©2 771^c. for domestic. Spelter has advanced
and the close
steady at 3’60<§3 70c. for domestic. Pig iron
has been fairly active and steady, closingat $10 35 §$12 00 for

prices
closing
prices
Lead has
easy

domestic.

a

lias

was

Totals....... 283,956 1,003,824 217,679

519,239

693,476

563,599

In order that comparison may be made with other years, we
give below the totals at leading port3 for six seasons._________
Receipts at—

1896. 1 1895.

1894.

1893.

Qalvea'n Ac,
New Orleans
Mobile........
Savannah...
Ch&s'ton, Ac
Wllro'ton,Ao
Norfolk.......
W. Point, Ao
All others...

60,011
88.653J
12.4481
36.013
28.478:
14,660
35,576
204
9,908!

61,994
80,779
10.076
42,533
19,849
11,989
10,711
2,585
4,150

52,795
58,664
7,812
50,967
22,658
11,439
12,092
4,690
2,339

Tot. this wk.

50,165
60,038
9,814
39,549
25.528
11,750
8,216
4,245
8,245

1892.

233,936 217,679 247,616 223,450

60,150
34,062
8.801
39,113
18 446
8,625
8,903
6,751
5,969

1891.
49,813
37,551
14,997
58,414
28,290
11,445
24,192
17,121
7,511

191,120 299,364

Since 8ept. 1 1003,821| 519,239 728.66 4 565,614 596,475 1036.952

The exports for the week ending this evening reach a total
of 156,641 bales, of which 92,097 were to Great Britain. 15.876
to France and 48,758 to the rest of the Continent. Below are
the exports for the week and since September 1, 1896._______
Week
Exports
Iron s—
Q a l v e s t o n ........
T e x . City, A c ..
Mew O r l e a n s . .
v o b ll e A P en

-innah

B r u n s w ic k —
C h a r le s t o n * .
W i lm in g t o n . .
N o r fo l k .............
W est P o in t ....
N 'p ’ t N ew s, Ac
N ew York.....

E ruiinq O ct . 2, 1890.
Exported to—

G rea t
B r i t ’n .

France

31,030

8 ,5 2 2

25.752
10,520

9,254

C on ti
n e n t.
12,635
722
11,055

50,193

78,075

20,39 J

722
40,061
10,520
12,800

72,204
10,520

32,272

12,806

G rea t
B r ita in . F ra n ce

2.750

20,820
2.347
5.578
433

34,720
16,303
0,024
502

1,094

48,758 150,041

247,019

70.800

82,224

3,611

2,000
124

35.41?

20,792
1,819
27,599

20,300
12,072

T o ta l
119,858
1,8L9
132,078
10,620
31,91*
5,881
31,100
21,288

.......

......
7,910

C o n ti
n e n t.

81,914
6.881
11,100
9,210
2,750

3,811

2,750

Reflnr d petroleum has been unchanged, closing at 0'9Oc. in
100
12.8 4
bbls., 440c. in hulk and 7'85c. in cases: crude in bbls. has been
2.347
nominal; naphtha r-ull at 7J^c. Crude certificates have been
2,678
altlmore.....
firmer, closing steady at $1
bid. Spirits turpentine has Phlladelp’a,Ac
SOW
further advanced and the close was firm at 28@28^c. Rosins
Total.......... 98,007 15,870
have been stronger, closing at $1 70<§$1 72W loroominon
and good strained. Wool has been sparingly offered and Total. 1896___ 22.0'*5 12.418
• including Port Royal.
firm. Hope have been quiet tut steady.

F rom Sept 1, 1890, to O c t 2 ,1 8 9 0 .
E x p o r te d t o —

T otal
W eek .

18,744

54,504

0,400
344

12,121

53,757

130,984

440,700

13.195

55,859

152,078

606

THE CHRONICLE.

In a d d itio n to a b o v e ex p o rts , ou r te le g ra m s to -n ig h t a lso
g iv e us th e fo llo w in g a m ou n ts o f c o t to n on sh ip b oa rd , n o t
cle a re d , a t th e ports n a m ed .
W e a d d sim ila r figu res f o r
N e w Y o r k , w h ic h are p repa red fo r ou r sp ecia l use b y M essrs.
L a m b e rt & B a rrow s, P r o d u c e E x c h a n g e B u ild in g .
ON SHIPBOARD, NOT CLEARED FO R—

Oct. 2 at—

Great
Other Coast
Britain. France. Foreign wise.

Leaning
stock.

Total.

New Orleans...
Galveston........
Savannah........
Charleston. . . .
M obile.............
N orfolk...........
New York........
Other ports___

8,459
49,724
None.
5.000
5.000
8.000
6,000
13,000

1,081
4,548
None.
None.
None.
None.
None.
None.

10,787
15,629
8,000
2,000
None.
4.000
5.000
8.000

1,112
2,459
None.
3.000
None.
5.000
None.
None.

21,439
72,360
8,000
10,000
5,000
17.000
11.000
21,000

144,945
91,481
74,680
53,813
18,259
23,697
95,684
30,118

Total 1896...

95,183

5,629 53,416

11,571

165,799

532,677

Total 1895...
Total 1894...

51,891
6,696 58,487 18,237 135,311
68,933 30,623 78,034 7,710 185,306

428,288
288,799

g
<2.
eng
oS.SLg'
o
o
2 .£ g
P- w Cl © 2 *
as © © as as © ® 5 CD ® ®
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-- as
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as
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Sat.

GULF.

Sat.

Good Ordinary........................... 7 " i «
Low Middling............................
Middling..................................... 8D,.
Good Middling........................... 8 "S18
Middling Fair..........................
99,6
STAINED.
Sat.
Low Middling.............................
Middling...... ..............................
Strict Middling..........................
Good Middling Tinged.............

M o il T u e s W ed T il.

F rI.

77ia 7716 738
8 i,6 81,6 8
83s
8 716
84.
8%
8 n ia
9°16 9°16 91.
I?Ion l u e s W e d

73s
8
83a
811,6
9H
F r i.

T li.

75g
711,. 7>i,o 75r
8q
8°16 8°16 8*4
83s
8 be 8'1,6 858
8"h, 81=16 S'e
87r
9ia
99,6 99, „ 9*2
M o n X u e s W e d T il .
73,6
81,rt
87.2
87,6

7sia
81,6
8V:i,
8'ia

738
8
83s
8U ,6
9=4

73,6
87s„
8 ‘ ifi

7%
8
85?$o
83s

7%
8 >4
8=8
878
9*2
F r i,

7%
8
8532
63s

718
8
83s

MARKET AND SALES.
SALES OF

'BiJfiCE
BBJTCE
Sat’d a y .
Monday.
Tuesday
Wed’ day
Tli’day..
Friday..

SPOT MARKET
CLOSED.

Quiet.................
Quiet.................
Quiet...............
(Quiet at ije dec.
Steady...............

Ex
port.
300

CONTRACT.

4 8 7
141

v s .'

'7 5
217
5 0 0

(Quiet................

Total,... i

SPO T A N D

Oon- Spec- Con
sump uVt*n tract. Total.

8 7 5

3 2 5
115
1 .2 8 5

—

7 8 7
141
75
3 1 7

Sales of
Futures.
6 9 ,3 0 0
1 1 4 ,9 0 0
1 4 8 ,8 0 0
1 2 5 ,^ 0 0

io o
2 1 .4 0 0

2 2 ,2 2 5

1 9 ,3 0 0

L 9 ,4 1 5

1 2 3 ,7 0 0
9 9 ,0 0 0

4 0 ,8 0 0

4 2 ,9 6 0

6 8 1 ,2 0 0

T he Sales and P rices of F utures at N ew Y o r k are
s h o w n in the fo llo w in g com p reh en siv e ta b le.

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On this basis the prices for a few of th« grades would be as
follows.
UPLANDS.

C

Vj o © »

S p ecu la tion in c o tto n fo r fu tu re d e liv e ry has b een q u ie t
a n d th e m a rk e t has been som ew h a t u n settled. E a rly in th e
w e e k , S a tu rd a y a n d M on da y, p rices a d v a n ce d 14 to 20 p oin ts,
p r in cip a lly o n a d em a n d fr o m “ sh orts” to c o v e r con tra cts.
T h is d em a n d w a s stim u la ted b y a d v ice s fr o m th e S ou th
re p o rtin g less fa v o ra b le cro p p rosp ects, ru m ors th a t th e top
c r o p h ad b een in ju r e d b y th e h ea v y rain s, som e ta lk o f fro s t,
p re d ictio n s o f a decreased m o v e m e n t o f th e cro p and a
s tro n g e r tu rn t o fo re ig n a d v ices, a ll assisting th e operators
f o r a rise. T u esd a y a n d W e d n esd a y , h ow ev er, th e cou rse o f
p rices w a s d o w n w a rd , th e d e clin e in valu es fo r th e t w o days
a m o u n tin g to 16@21 poin ts. A b s e n ce o f ou tsid e sp ecu la tiv e
in terest, to g e th e r w ith a te n d e n cy t o in crease p reviou s
estim a tes on th e cro p m o v e m e n t fo r th e w eek a n d th e
pressure o f a ctu a l
c o tto n on th e
m a rk et, p ro m p te d
s e llin g ,
re su ltin g
in
th e
d eclin e
n oted .
T h u rsd a y
th ere w as a s lig h t r e co v e r y in valu es, based on reports
re ce iv e d fr o m th e C arolinas sta tin g th a t con sid era b le d a m 
a g e h ad been d on e t o th e co tto n cro p b y th e storm ea rly in
th e w eek .
T o w a rd th e close, h ow ev er, u n d er in crea sed
o ffe rin g s b y ro o m traders, p rices w ea k en ed a n d lost n ea rly
a ll o f th e im p ro v e m e n t. T o-d a y th e m a rk et open ed a t an
a d v a n ce o f 8 t o 1 0 p oin ts in response to stro n g e r a d v ices
fr o m E n glish m a rk ets a cco m p a n ie d b y b u y in g orders. L a ter
in th e d a y , h o w e v e r, th e in te rio r c r o p m o v e m e n t s h o w in g
la rger re ce ip ts th a n h ad been e x p e cte d , th e m a rk et w e a k 
e n ed and a ll o f th e ea rly im p ro v e m e n t w as lost. T h e close
w a s q u iet a t 1 to 2 p oin ts a d v a n ce fo r th e d a y. The spot
m a rk e t has been q u ie t a n d W e d n esd a y p rices d e clin e d l-16c.
T o -d a y th e m a rk e t w as q u ie t a n d u n ch a n g e d , m id d lin g u p 
la n d s clo s in g a t 8 % o .
T h e to ta l sales f o r fo r w a r d d e liv e ry fo r th e w e e k are
681,200 bales. F o r im m e d ia te d e liv e ry th e to t a l sales fo o t
u p th is w e e k 42,960 bales, in c lu d in g S75 fo r e x p o rt, 1,285
f o r c o n s u m p t io n ,------ fo r sp e cu la tio n a n d 40,800 on c o n tr a c t.
T h e fo llo w in g are th e o fficia l q u o ta tio n s fo r e a ch d a y o f th e
pa st w e e k — S ep tem ber 26 t o O c t o b -r 2.
R ates o n a n d o ff m id d lin g , as establish ed N o v . 22, 1893,
and revised D ec. 11,1895, b y th e R evision C om m ittee a t w h ich
grad es oth e r th a n m id d lin g m a y be delivered o n c o n tr a c t:
off.
0. 1^4 on. Good Ordinary..... ......... o. 1
Even.
.. 7e on. Good Middling Tinged.. .
on. Strict Middling Stained.. 1.!2 off
..
on. Middling Stained............. % ofl.
25So Of:.
ott. Striot Low Mid. Stains
Strict Low Middling...
Low Middling............. . . % off. Low Middling Stained.... lq , off.
Btriot Good Ordinary. ... "l£ i off.

Good Ordinary........................... 71. „
Low Middling............................. 8 l,6
Middling..................................... 8 716
Good Middling........................... 8%
Middling Fair............................. 95ic

[V o l . L X III.

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1s: ? 1 ? 1s: P 1s ®

11

T h e fo llo w in g e x ch a n g es have been m ad e d u rin g th e w e e k :
•16 pd. to exoli. 1,000 Tan. for May.
Even 500 Nov. for Oct.
•10 pd. to exob. 1,000 Nov. for Deo. •27 pd. to exoli. 500 Nov for Mcb..
•OS pd. to exeta.. 1 >0 Deo. for Jan.
•11 pd. to exoli. 5oo Oot. for Deo.
•09 pd. to exoli. 200 Jan. for Moll.
•08 pd. to exch. 100 Deo. for Jan.
•19 pd. to exoh. 1,000 Oct. for Jan. •20 pd. to exeh. 600 0*t. for Jan.
•20 pd. to exch. 500 Sept, for Jan. •19 pd. to exoli. 300 Nov. for Jan.
09 pd. to exoli. 100 Tan. for Mch.
Even 100 Sept, for Oct.
08 pd. to exch. 100 Jan for Mob. *08 pd. to exch. 100 D^o for Jan.
•l
1 nd. to exob- 100 Nov. for Dec.
•12 nd. to exch. 300 Dec. for Feb.
Even 100 Oct. for Nov.
07 pd. to exeb. 100 Dec. for Jan.

T he Y isible S u pply of Cotton to -n ig h t,as m ad e u p by c a b le
and teleg ra p h is as fo llo w s . T he C on tin en ta l s tock s, as w e ll as
th ose fo r G rea t B rita in a n d th e a float are th is w eek 's retu rn s
a n d co n se q u e n tly a ll th e E u ropean figu res are b ro u g h t d o w n
t o T h u rsd a y ev e n in g . B u t t o m a k e th e to ta ls th e co m p le te
figures fo r to -n ig h t (O ct. 2', w e a d d th e ite m o f e x p o rts fr o m
th e U n ite d States, in c lu d in g in it th e e x p o rts o f F rid a y o n ly :

THE CHRONICLE.

October 3, 1896 .J

1896.
1895.
1894.
1893.
Stock at Liverpool.......bales. 412.000 934.000 799.000 882,000
6,000
7,000
Stock at L on don ....................
8,000
8,000
Total Great Britain stook. 418,000 991.000 807.000 Sao.ooo
32,000
Stock at Hamburg................ .
32.000
2:1,000
10.000
8 took at Bremra.....................
45,000 113,000
55.000
87,000
4,000
Stock at Amsterdam..............
n ,o o o
9.000
12,000
200
200
100
Stock at Rotterdam...............
200
9,000
Stook at Antwerp...................
16,000
21.000
9.000
Stook at H * v r e ........ . ............
108,000 238.000 277,000 305,000
Stock at Marseilles.................
5,000
4,000
5,000
6,000
46,000
44,000
Stook at Barcelona......... .
46.000
68,000
Stook at Genoa...............
11.000
27,000
5.000
12,000
28,000
Stock at Trteote.......................
26.000
30,000
25,000
Total Continental stocks.. 286,200 561,200 477,100 534,200
Total European stocks...
706,200 1,552.200 1,284.100 1
India cottou afloat (or Europed
47,000
39,000
23,000
34,000
Amer.cottou afloat for Europee 277,000 121,000 220,000 161.000
18.000
21.000
20.000
E*ypt,Brazil.Ao.,artt.for E’ pe3
22.000
Stock In United States ports . 698.476 563. W3 474.105 527,169
Stock in U. S. interior towus.
329.954 141.738 151,909 156,902
38.424
6.959
U n i t e d S t a t e s e x p o r t s to * d a y .
28 292
20,977
T o t a l v is ib le s i m p l y ..............2 , 1 0 4 , 9 2 2 2 , 4 1 5 , 4 9 6 2,211,533 2, ,346.303
Of the above, totals of American and other descriptions are as follow?:
American—
306.000 874.000 642.000 691.000
L iv e r p o o l s t o c k .................. b a le s .
. 186,000 483.000 318.000 423.000
. 277,000 121.000 .
161.000
. 698.476 563,599 474,105 527,169
329,954 141.738 151,909 156,962
U n it e d S t a t e s in t e r io r s t o c k s .
6.959
28.292
38.424
U n it e d S t a t e s e x p o r t s t o -d a y
20,977
T o t a l A m e r i c a n ..................... .. 1,827,722 2,190,296 1,84 4,433 1,960,108
E a s t I n d i a n , B r a z i l , <te . —
L i v e r p o o l s t o c k ................................
L o n d o n s t o c k . .................................. .

106.000 110,000 157.000 191.000
6.000
7.000
8.000
8,000
78,200 159,100 111,200
100.200
47.000
39,000
23.000
31.000
18.000
21,000
20.000
22,000
. 277.200 255,200 367,100 366.200
American............. . 1,827,722 2,,190,2 16 1,844.438 1.980,108
.

T o ta l

T o t a l v is ib le s u p p l y ............. 2 , 1 0 4 , 9 2 2 2 , 4 4 5 . 1 9 6 2 , 2 1 1 . 5 3 3 2 , 3 4 6 . 3 0 3

Middling Upland, Liverpool..

41
M Led.
r*

m
~
4*06.
3kjd.
M i d d li n g U p la n d . N e w Y o r k
9*eo.
6» «e.
8*i«o.
E i n r p K i o o t l B r o i n i , L iv e r p o o l
0I,*d.
4i»i,d.
5- 6d
P e r u v . R o u g h G o o d , L iv e r p o o l
6 isd.
6 i«d
5* bed.
e'tad441'*
* 3*.d
6.
B r o a c h F in e , L i v e r p o o l ..............
4 U „d .
3 V I.
T l n n e v e l l y G o o d , L i v e r p o o l.
47,»d.
3>i»4.
4*i*d.
4*1*4.
» - T h e imports into Continental p o m tlie past week have
been 37,00(1 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 846,571 bales as compared with the same date
of 1895, a falling ulT of 106.616 bales from the corresponding
date of 1894 and a decrease of '311,386 bales from 1893.
A T t h e I n t e r i o r T o w n s the movement— that Is the receipts
for the w e e k and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1895—is set out in detail below.

607

Q u o t a t io n s f o r Mid d l in g C otton a t O t h e r M a r k e t s .—
8elow are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
Week ending
October 2.
Galveston..
New Orleans
Mobile........
Savaunah...
Charleston..
Wilmington.
Norfolk.......
Boston........
Baltimore. .
Philadelphia
Augusta___
Memphis__
8t. Louis___
Houston___
Cincinnati..
Louisville...

CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
Satur.
7%
7=s
7kj
7ia
73a
7-\
8’ :s6
!>i?*
7 'b s
7=9
7 0 ,8
711,6
8
S

Jf<m.

Tues.

Wednes.

Thurs.

Fri.

77a
74,
78,6
713
73,6
7-73
778
806
8°1«3
811,6
71‘,8
711,6
7\
711,6
8
8

77s
7%
7=8
7k,
7-16
73,
7 78
8716

7 78
7%
7»,e

7%
7=8
7*3
78j
719
7%

7%
7=8
7*3

8llie
711,6
711,6
7%
77s
8
8

8=8

77te
7=8
778
8%
SH
8=8
’ "is
7=8
7%
7Ul6
8
8

8%
8H
8=8
7%
7=8
7%
7%
8
8

87,6

711,6
73,
77s
8
8

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A t l a n t a ................
75I6 I E ufaula..........
7:k Natchez...........
77IS
C h a r l o t t e ............
7 ;4 ! .ittie Rock___
7 11 Raleigh...............
7%
C o lu m b u s , Q a .
7 li Montgomery... 714®38 Selma.................7 ^ ® %
C o lu m b u s . M is s
71* I Nashville..................... Shreveport...... 7318
R e ceip t s f r o m t h e P l a n t a t io n s .— The following table
Indicates the actual movement each week from the plantations.
Vhe figures do not include overland receipts nor Southern
consumption: they are simply a statement of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outports.
R eceip t* a t th e P o r t* .
E n d in g —

1894.

S t'k a t I n te r io r Tovm *. R ec'p ts f r o m P la n t'n s ,

1894.

1805.

1896.

1894.

1895.

1806.

56.386
65,913
60.*3<>
84,519
100.215
151.900

34.782
35,892
43.275
66,730
00.687
111,738

110.181
125,827
170.014
223.091
275.2*7
320.054

25,720
36,074
90,801
166,236
220.047
2P0.280

6,428
16,203
64,922
114,544
172,087
268,830

88,945
132.536
198,072
208.2<;O
300,700
3rJ8,713

1805. ] 1806.

Atm. *28....... 25.173! 6.803 68.5F7
Sept. 4 ....... 38.306 16.003 116,890
l l ....... *5.881 47.503:154.785
18....... 148,547 01,080 245,183
* 25....... 205.2211149,139 257.063
Oct. 2 ... 217.616 217.6791283,088

The above statement shows: 1.— That the total receipts
from the plantations since Sept. 1, 1896, are 1,218,184 bales; in
1895 were 628,227 bales; in 1894 were 833.238 bales.
2.—That although the receipts at the outports the past week
were 283,986 bales, the actual movement from plantations w as
738,713 bales, the balance g ung to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the week were 268,830 bales and for 1894 they were
290,280 bales.
O v e r l a n d Mo v e m en t f o r t h e W eek a n d S in c e S e p t . 1.—
W e give below a statement showing the overland movement
fOi in - 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. 2
and since Sept. 1 in the last two years are as follows.
1896.
October 2.

Week.

Since
8epU 1.

1895.
Week.

Since
Sept. 1.

Shipped—
Via St. Louis...............................
Via Cairo.....................................
Via Parker City..........................

17.006
9,361
512

36,076
17,90-1
1,600

8,372
2,624
150

17,602
3,472
693

Via Louisville.............................
Via Cincinnati...........................
Via other routes, die.................

4,965
2.18*
3,349

12,715
5,890
5,283

525
635
1,24b

1,706
1,059
4,177

To**: gross overland............. .
Deduct»hinmcnls—
Overland to N. Y.f Boston, Ac.
Between Intel lor towns............
Inland, &o., from South.............

37,365

80,068

13,552

28,709

4,701
132
1,321

12,044
1^1
5,191

2,616
315
1,840

4,195

Total to be deducted.............

6,154

17,386

4,771

12,072

Leaving total net overland*.

31,211

62,682

8,781

16.637

The foregoing shows that the week’s net overland movement
this year has been 31,211 bales, against 8,781 bales for the
week in 1895, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 46,015 bales.
In Sight and 8pinneref
Takings.

Week.

Since
8c,.t. 1

1895.
Week.

Since
Srpt. 1.

Receipts at ports te Oct. 2 .......... 283.08H 1,0 3.821 217,679
8.781
62.682
Wet overland to Oct. 2 ................. 31,211
86,000 19,000
Southern consumption to Oct. 2.. 18,000

519,239
16,637
93,000

Total marketed....................... 333.197 l,152,>:00 245,460
Interior stocks In excess.............. 54,727 209,360 51,151

628,876
109,038

296,611
Came Into slebt dnring week. 387,924
1,361,866
Total in sight Oct. 2..............

737,914

North’n spinners tak'gs to Oct. 2..
The above totals show that the interior stocks have inrreasnl
during the week 64.797 bales and are now 138,216 bales more
than at same period last year. The receipts at all the towns
have been 3*.681 hales more than same week last year and since
Sept. 1 are 360,869 bales more than for same time In 1893.

1896.

40,872

115,717 36,385

100,349

* In clu d in g m o v e m e n t by rail to Canada.

It will be seen bv the above that there has come into sight
luring the week 387,921 bales, against 298,611 bales for the
same week of 1 8 9 5 , and that the increase in amount In sight
to-night as compared with last year is 623,952 bales.

608

THE CHRONICLE,

W e a t h e r R e p o r t s B y T e l e q r a p h . —Our telegraphic reports
from the South this evening denote that rain has fallen in most
sections of the South during the week. A t a number of
points in the Southwest the rainfall has been rather excessive,
interfering with the gathering and marketing of the crop,
and along the Atlantic there has been a heavy wind storm,
doing damage to property. Advices from Alabama indicate
that picking is nearing completion in some districts of that
State.
Galveston, Texas.— W e have had rain on two days during
the week, the precipitation reaching sixty-nine hundredths
of an inch. The thermometer has ranged from 61 to 81,
averaging 71. Rainfall for the month of September tw o
inches and twenty hundredths.
Palestine, Texas. —Picking has been retarded by rain. No
top crop is anticipated in this section. It has rained heavily
on two days of the week, the precipitation being tw o inches
and sixty-four hundredths. Average thermometer 67, high
est 86, lowest 48. Rainfall for the month“of September three
inches and ten hundredths.
Huntsville, Texas.— W e have had rain on three days of the
week to the extent of one inch and twenty-seven hundredths.
The thermometer has averaged 66, the highest being 85 and
the lowest 46. During the month of September the rainfall
reached four inches and eighty-five hundredths.
Dallas, Texas.— Light frost has occurred north of here but
no damage to cotton resulted. Rain has fallen on two days
of the week, the rainfall reaching eighty-one hundredths of
an inch. The thermometer has averaged 65, ranging from 44
to 86. Rainfall for September one inch and fifty-four hun
dredths.
San Antonio, Texas.— All crops have been damaged by
the heavy rains, which caused streams to overflow the land.
It has rained on two days of the week, the rainfall reaching
two inches and ninety-six hundredths. The thermometer has
ranged from 46 to 86, averaging 66. During the month of
September the rainfall was seven inches and eighty-two hun
dredths.
Doling, Texas — There has been heavy rain on two days dur
ing the week, the precipitation being three inches and sixtytwo hundredths.
Average thermometer 68, highest 89 and
lowest 48.
During the month of September the rainfall
reached five inches and ninety-nine hundredths.
Columbia, Texas.— W e have had rain on three days of the
week, the rainfall being two inches and eighty-nine hun
dredths.
The thermometer has averaged 64, the highest
being 83 and the lowest 45. Rainfall for the month of Sep
tember five inches and forty-one hundredths.
Cuero, Texas.— There has been rain on three days of the
past week, the rainfall reaching two inches and fifty-one hun
dredths. The thermometer has average i 72, ranging from 56
to 89. Rainfall for the month of September three inches and
eighty-one hundredths.
Brenham, Texas.— It has rained heavily on three days of
the week, with rainfall to the extent of two inches and eightyseven hundredths of an inch. The thermometer has ranged
from 48 to 88, averaging 68. September rainfall four inches
and sixty-three hundredths.
Temple, Texas.— W e have had very heavy rain on one day
of the past week, the precipitation being three inches and
seventy-five hundredths. Average thermometer 64. highest
84 and lowest 45. During the month of September the rain
fall reached four inches and sixty-eight hundredths.
Fort Worth, Texas.— W e have had rain on two days during
the week, the precipitation being sixty-two hundredths of an
inch. The moisture is too late to benefit cotton. The ther
mometer has averaged 65, the highest being 86 and the lowest
44. During the month of September the rainfall reached one
inch and sixty-two hundredths.
Weatherford, Texas.— The estimated yield here is one bale
to six acres. Over one-half of the crop has been marketed.
Unless the weather is favorable for the next two months there
will be no top crop. There has been rain on three days of the
week, the rainfall reaching fifty-three hundredths of an inch.
The thermometer has averaged 65, ranging from 43 to 87.
During September the rainfall was one inch and sixty hun
dredths.
New Orleans, Louisiana.— There has been rain on one day
the past week, the rainfall being twenty-two hundredths of
an inch. The thermometer has averaged 74.
Shreveport, Louisiana. - I t has rained on four days of the
week, the rainfall being two inches and ninety-nine hund
redths. The thermometer has ranged from 45 to 87, aver
aging 68.
Columbus, Mississippi.— It has rained on two days of the
week to the extent of one inch and ten hundredths. A ver
age thermometer 67, highest 92, lowest 44, September rain
fall one inch and twenty-four hundredths.
Leland, Mississippi.— Rain has fallen during the week to
the extent of eighty-two hundredths of an inch. Average
thermometer 63'7, highest 85 and lowest 38.
Vicksburg, Mississippi.—The week’s rainfall has been
seventeen hundredths of an inch, on thres days. The thermo
meter has ranged from 42 to 86, averaging 67.
Little Bock, Arkansas.— There has been rain on four days
the past week, the precipitation reaching two inches and
eighty-six hundredths. Average thermometer 64, highest 81,
lowest 41.

fV oL . LX III,

Helena, Arkansas.— W e have had rain oa thres days of the
week, the precipitation being one inch and sixteen hundredths
of an inch. L'ght frost on Tuesday. The thermometer has
averaged 60, the highest being 78 and th9 lowest 40.
Memphis, Tennessee.— There has been general rain on three
days of the week, but the weather is now clear and warm.
The rainfall reached one inch and seventy-two hundredths.
Light frost has occurred but no damage done. The thermom
eter has averaged 63'4, ranging from 41,4 t o 8 3 '6 . During
the month of September the rainfall reached three inches
and twenty-one hundredths, on five days.
Nashville, Tennessee.— The week’s rainfall has been two
inches. The thermometer has ranged from 48 to 82, aver
aging 64.
Mobile, Alabama.— Reports indicate that picking is nearing
completion in most sections. W e have had no rain during
the week. Average thermometer 72, highest 88 and lowest
49. During the month of September the rainfall reached two
inches and fifty-two hundredths.
Montgomery, Alabama.— Picking is almost finished. W e
have had rain on one day during the week, to the extent of
fifty-seven hundredths of an inch. The thermometer has
averaged 65, the highest being 82 and the lowest 58. During
the month of September the rainfall reached one inch and
sixteen hundredths.
Selma, Alabama.— Telegram not received.
Madison, Florida.— Rain has fallen on two days of the
week, to the extent of one inch and fifty hundredths. The
thermometer has ranged from 66 to 87, averaging 76.
Savannah, Georgia.—W e have had rain on five days during
the week, the rainfall reaching one inch and seventy-three
hundredths. The thermometer has averaged 71, tha highest
being 85 and the lowest 56.
Augusta, Georgia.—W e have had rain on one day of the
week, the rainfall being one inch and twenty-nine hun
dredths. The thermometei has averaged 70, ranging from 45
to 86.
Charleston, South Carolina.— Telegram not received.
Stateburg, South Carolina.— W e had light rain on Monday,
but on Tuesday the rainfall was heavier and accompanied by
high winds at first from the east and then from the west.
No serious damage resulted here except to unpicked cotton.
The precipitation reached sixty-four hundredths of an inch.
The thermometer has averaged 69'9, the highest being 83 and
the lowest 51. September rainfall two inches and eighteen
hundredths.
Greenwo od, South Carolina.— There has been rain on one
day durin g the week to the extent of twenty-five hundredths
of an in ch.
The thermometer has averaged 60, ranging
from 49 to 71.
Wilson, North Carolina.— W e have had rain on one day
during the week, the rainfall being seventy-four hundredths
of an inch. Cotton was damaged to some extent by the
storm. The thermometer has ranged from 48 to 88, aver
aging 73.
The folio wing statement we have also received by telegraph,
showing the height of the rivers at the points named at
8 o’clock October 1, 1896, and October 3, 1895.

New Orleans.......
Memphis.............
Nashville............. .......Above zero of gauge.
Shreveport..........
Vicksburg............ ........ Above zero of gauge.
* Below zero of gauge.

Oct. 1, ’96.
Feet.
3*7
3-7
3-5
*30
2*7

Oct. 3, '95.
Feet.
36
0*9
0-7
2*7
0-3

I ndia C otton M ovement F rom a l l P orts . — The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to October 1,
BOMBAY BEOEIPTS AND SHIPMENTS FOB FOOB TEARS.

Shipments since Sept. 1.
Shipments this week.
Conti
Tear Great Conti Toted. Great
Total.
Britain nent.
BriVn. nent.
1896
1895
1894
1893

7.000
11,000
1.000
5,000

7.000
11,000
1.000
5,000

1,000 30.000
20.000
5.000
8,000
1.000 20,000

Receipts.
Since
This
Week. Sept. 1.

31.000 8,000
20.000 10,000
13.000 2,000
21.000 12,000

37.000
43.000
16.000
35,000

According to the foregoing Bombay appears to show
a decrease compared with last year in the week’s receipts of
2,000 bales and a decrease in shipments of 4,009 bales, and
the shipments since Sept. 1 show an increase of 11,030 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of September, for tw o
vears, has been as follows. “ Other ports” cover Ceylon,
Tutioorin, Kurrachee and Cooonada.
Shipments fo r the week.
Great
Britain.
Oaleuttar1896........
1395
1896........
1895........
All others—
1896........
1895........
1896........
1895........

Conti
nent.

Total.

Shipments since Sept. 1.
Great
Britain. Continent.

Total.

1,000

3.000
1.000

3.000
2.000

3,000
4,000

4,000
5,000

4.000
3,000

8,000
8,000

i.o'o'o

3,000

3,000
6,000

6,000
7,000

9,000
13,000

5,000
2,000

5,000
7,000

7,000
12,000

13,000
11,000

20,000
23,000

2,000

2,000

3,000

3,000
1,000

2,000

5,000

fH E

October 3, 1896.]

609

CHRONICLE

InH
Pp

|

The above totals for the week show that the movement from
Cotton Movement and F luctuations, 1891-96.—N ew
the ports other than Bombay is 3,000 bales less than the same Y ork: Latham, Alexander & Co.— (Twenty-third Annual
w eek last year. For the whole of India, therefore, the tota I
Edition.)—W e beg to acknowledge our indebtedness to Messrs.
shipments sinoe September 1, 1833, and for the corresponding
Latham, Alexander & Co. for a handsomely bound copy of
periods of the two previous years, are as follows.
BXPO B TS TO BtJaOPB PROW ALL IN D IA .
the twenty-third annual issue of their very useful publication
“ Cotton Movement and Fluctuations.” The present issue,
1895.
1896.
1894.
Shipments
while retaining all the features of interest in former editions,
lo all Europe
This
This 1 Since
This
Elute
Since
from—
week.
Sept. 1.
week.
contains new matter which increases ths value of the book.
Sept. 1.
week.
SepL 1.
31.000 11.000
20,000 1,000
7,000
B o m b a y ............
13,000 There are a number of specially prepared articles in the pub
23,000
6,000
20,000 7.000
5,000
A l l o t h e r p o r ts
24,000 lication, inoluding a general review of the New York cotton
43,000
7,000
12,000
51,000 18,000l
T o ta l
37,000 market for 1895-96 by the publishers and a letter from Messrs.
Ellison & Co. on the cotton industry in Europe, in which they
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 review the past season and remark upon the prospects for
Liverpool and Alexandria, we now reoeive a weekly cable of 1896-97. Mr. R. H . Eim onds contributes articles ou the prog
the movements of ootton at Alexandria, Egypt. The following ress of the South and Southern cotton manufacturing in
are the receipts and shipments for the past week and for the
terests and Mr. Worthington C. Ford writes upon cotton in
corresponding week o f the previous tw o years.
commerce. The explanatory remarks on contracts for future
Alexandria. S jupi,
delivery which appeared in previous editions are retained, as
1895.
1394.
1896.
September 30.
wall as the form of contract in use on the New York Cotton
R e c e ip ts ( o a n t a r s * ) ....
Exchange. The statistical matter includes fluctuations of cot
150,000
40.000
This w e e k ................ . . .
2 45,000
71.000
Since S e p t . 1 ......... ........
ton for future delivery in New York and Liverpool for five
Since j This 1 Since 1 This
This
Since
week Sept. 1. week. Sept. 1. week. Sept. 1. years and extensive tables of receipts, exports, total crop, etc,,
brought down to the close of the cotton year of 1895-96. The
■ x p o r t * ( b a le * ) —
7.000 13,000 6,000 7,000 5.000 10 000 publication will no doubt prove very useful and interesting,
T o L iv e r p o o l .
3,000
7,000 3,000
9,000 2.000 12 000 especially to those interested in cotton.
T o C o n t la e a t l...
10.000 20.000 9,000 16,000 7,000 22,000
T o ta l E a r o p e .
Liverpool Stock. —A re-count of the stock of cotton at
• A cantor is 98 pound*.
Liverpool was made on Saturdav last September 38, and it
t Ot which to A-nerios la 1396, 937 bales; la 1893, 873 biles: In disclosed an excess compared with the estimated figures of
1894.------- bales.
33.623 bales, the actual stock being 419,622 bales. The total
M a n c h e s t e r M a r k e t . — O ar report received by cable to-night of American was 310,444 bales, or 37,444 bales more than thefrom Manchester states that the m arks; is quiet for both running count; and of all others the aggregate was 109,178
yarns and shirtings.
The demand for yarn is p wr. W e give
bales, or 3,832 hales less than the weekly estimate.
the prices for to-day below and leave those for orevioas weeks
E ast I ndia Crop . —From the Calcutta “ Prices Current” of
of this and last year for comparison:
August 25 we have the following:
First General Memorandum, Season 1396 —The reports from Bom
1896.
1895.
bay are quits Incomplete, referring onlv to those dlst-iocs of the Deonan lo watch early oo ton Is grown, and are not otrried later than the
8 > * tbe. Shirt OotTni___
8*4 tbe. Shirt Ootr
3 2 * Oop. ings, common 1 Yfvl.
5th of August, [o Ma-l-as also the ruin was lusutHoieut for sowings,
Y°P- Inge, common STul
Turin.
to finest. JUpldt
Twist.
Upld aad the area is reported to be as muoh as 55 per oent below the aver
lo finest.
age an-i 31 per cent less than last year, rho crop is said to be in fair
condition, though it needs rain in plaoes. tn Berar. too, the rain was
•. it.
d.
d.
d.
<L
a. iL
d.
d . ft. <L
d.
deficient
at sowing time, but lately there has been favorable rain and
4 > » t ,i 5 ’ e
*6%
4 3
90
Ag.23 8 1 J , * » 7 5 , 4 7 97 0
6
4**s2
tbe orop Is said to bo in good ooudttloa everywhere, with good pros
4 8
®7
4 3 l * j ;a
* 6 7s 4 3 * 8 9 6
Sep. 4 6 “ ,* » 8
L
0
4*4
pects
generally.
The area sown is 3-6 per cent below the average. In
4
9
-#
7
3
4
7
l
i(H®8i
t*
4
l
s
i
f
|
0
l
i
*
'
»
6
r8
3
*
9
*
6
•* 1 1
6
4 * ,,
the central provinces sowings were sitlsfaotorily carried out under
4 8
*7
2
4 4
4 -J 1 ,. 0 ,S * 7
*6
0
4^,
" 18
2 4 i t i s ! 8 * , e * 7 * 8 4 5 * 6 7*8 4 * > ie seasonable conditions over a larger area than usual, and germination
“ 2 5 6 7s *7**18 4 7 * 8 * 7
wason th« whole an loessful. The present prospeocs are excellent
4 7
i» 7
*6
9
4 1 3 ,g
O ct. 2
1*8 4 i i i s 6 > i i s » 7 > 8 4 6
but a break la the ralus Is required to permit of hoeing and weeding
Co t t o n C o n sum ption a n d O v e r l a n d Mo vem en t t o O ct . 1. (There hsa been a break since the date of the report.) In the North
western provinces and On lh thesowmgs were undertaken in season
able conditions, as In thoOeutral provinces, and germination was suc
— In our editorial columns to-d»y will be found our usual
cessful iu the principal cotton-growing traots. The area sown appears
overlan d movement brought down to October 1.
to tie about the same as last year, In the Paojab the ralufall wastnsutHeleut for esrly sowings, except is some districts of the Delhi Di
S k a Is l a n d C o t t o n Mo v e m e n t . — W e have receiv ed thi-j vision where the rain was goof and a i increased are t was plaoe i un
riday) evening by telegraph from the various ports the der cotton. Elsewhere there was a deolme. greater in the North
tails of the Sea Island ootton movement for the week. The western and Western than in the Central tr iota The area sown Is
at 967.500 acres, whioh Is 16 7 per oeat less than the area
receipts for the week ending to-night (October 3) and sincestated
stated In the Anal forecast of last year hut 13 per cent more than the
8*pt. 1, 1894, the stocks to-night, and the same items for the average, rhe decline In the arei compared with last ye ir is mainly
limited to unirrigated traots. As tn tho Northwestern provinoes pros
corresponding periods of 1895. are as follows.
pects hive greatly Improved during tne last fortnight with good rain
in most districts.
Sioek
1896.
1895.
Northwest Provinces and Oudh -First Foreoist. 18)6 —The rainfall
Receipts to OcL 2 .
since its commencement has beeu very irregnl i • both in distribution
This
Since
This
Since
and
quantity. With few exceptions, the districts iu the Meerut, Agra,
189.5.
1896.
week. Sept. 1. week. Sept. 1.
Ronitkuand and Allah ib el divisions, in whioh oottou is ohlefly grown,
have
so far received sufficient rain. In most of them the ootton orop
Savannah.... ................... 3.836 10.926 2.570
4,731 10,665 4,095
was -own in good time and germinated well. In the Benares and
Charleston, A c................
333
*500 1.410
583 •1,982
500 Gorakhpur
divisions and tn Oudh. where ootton Is not lirgely culti
Florida, A c................... ..
1,387
539 vate I. tho rainfall
Is still scanty. The s iwiugs were late: and tile orop
Is
Shir
irlng
from
want of rile Prospects nave however. Improved
Total..................... ... 4.336 12.336 2.903
5,314 14.034 5,134 everywhere through
th - fall of rain In the past week. The area under
’ E s t i m a t e d ; t e le c r a m n o t r e c e i v e d .
this crop does nor, appear to be much. If at all, la-ger than last year.
The exports for the week ending this evening reach a total Tills re!a! *s to condition up to the 10th of August.
Early Districts of Decc an -Preliminary Mem irandurn, Season 1896of 6tK) bales, of which <5W bales were to Great Britain, —
97.—Inform Ition incomplete. Sowings not complete in the South.
to France an 1 — to Rival, and the amount forwarded to Reported area 8 Hi lakhs acres, or 13 per cent below normal. Of this
Northern mills has been -10 bales.
Below are the export* 89 per oent Is credited to Klnudelsh and 5 per oeut to Sasilt and
Ahmeilnagar each. Early in the season tlrst s >wu crop withered in
for the week and since September 1 in 1898 and 1895.
for want of seasonable rain and necessitate l a re-sowing.
Elaces
ater on crop suffered from excessive rain ateudof July which either
Week Entiiwj Oct. 2 Since Sept l. 1896 Worth'n if'
washed away seedlings or rotted th ise iu low tauds and turned them
Exports
el low. Area In Klnudelsh aad Naslk expected to show reduction.
Great France
from —
Great Fr'ncs
Situ
Total. Bril'n
Total. Week Sept. 1 Dominion good in Atunednagur. Elsewhere fair.
Bril'n. Ac.
Ac.

Z

T he Following are the (Jaosa receipts of Ootton at

8’ Tann‘h. Ac
Chari* t*n.Ao
Florida, «fec.
New York..
Boston.......
Baltimore ..
Total.......
Total 1895

40
........
660
........
660
75

____
1.011

100 1.111

........
660 1.011

........ ........
100 1,111

660

64

139

76

14 4

220

190

New York, Boston, Philadelphia and B altim ore lor the past
week, »nd since September 1, 1896.____________________________
N iw Y

Receipts
from —

........ ........
40
190
190’

365

A considerable portion of tbe Sea Island cotton shipped lo
foreign ports goee 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 tbe
shipments of Sea Island cotton for the week will be found
under the h'-ad “ Shipping News.” on a subsequent page.
Quotations October 2 at Savannah, for Floridas, common,
10c.; medium Hn», 12tfc.; ohoic», 15t^e.
Charleston, Carolina*, not received.

ore

.

T h it
Since
w eek . Sept. 1 .

BOSTON .

11,012

..........

N . O r le a n s ...
T e x a s ............
fla v a n n ’ b Ac
M obile ........
F lo r id a ..........
o . C a r o lin a
N o . C a r o lin a
V i r g i n i a ....
N orth , p orts
T e n n ., A c...
F o r e ig n .........

4,810
15,673
14,881

30,698
30,506

8,537
428
6,042

17,440
3,006
18,098

1,052

1,277
79

T o t a l ..........

52,353

131,906

6.200

22,911

L a s t T «*a r.... 7 6 .9 6 8

68.901

6.204

12.609

8

.... .......

P H I L A D I L P H ’A

Since
Since
T 1)11
Thit
week. S e p t .l . week • S ept. 1

1,800

..........
..............
155

10,153
........
..............
............

B a l t im o r e .

T hit
Since
week. 1Sept. 1.

2,0d3

.......

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

....... .. ..
500
2,493
1,416

1,375
6.766
4,406

7,253
........
.......

29
........
1,879

552

2,108

647

743

935

2,063

3,262

10,104

1,307

4,718

3.959

0,747

..........
936

121

THE CHRONICLE.

610

J u t e B u t t s , B a g g in g , & c .— T he m arket for ju te bagging
has been active during the w eek under

[Vot. LXIII,

C o tt o n fr e ig h t s t h e p a s t w e e k h a v e b e e n a s fo llo w s .

review but at u n 

5J£c. for 2 lbs. and 6c. for standard grades in a jobb in g w ay.
Car-load lots o f standard brands

are quoted at 5J^c. for 1 %

lb s., 5 ^ c . for 2 lbs. and 6c. for 2J^ lbs. f. o. b. at N e w Y ork .
Jute butts have been dull.

Quotations are nom inal at 1 l-1 6o .

for paper qu ality, IJ^c. for m ix in g and 2@ 2J^c. for spinning
cuttings.

F rom Messrs. Ira A . K ip & C o.’s circular we learn

that the deliveries of ju te butts and rejections at N ew Y o r k
and Boston during Septem ber were 19,026 against

nil for the

sam e m onth last year, and for the nine m onths the deliveries
reached 298,238 bales against 382,968 bales in 1894.

The ag

gregate stock in the hands o f importers and speculators at
N e w Y o r k and Boston on Septem ber 30 was nil against 2,300
at the the corresponding date in 1894, and the am ou n t afloat
for the U n ited States reaches 12,903 bales against 50,405 bales
last year.
S h i p p i n g N e w s .— The exports o f co tto n fro m th e U nited
S tates th e past w eek, as per latest mail retu rns, have reached
135,518 bales. So far as th e S outhern ports are concerned these
are th e sam e exports reported b y telegraph and published in
th e C h r o n ic l e la st F rid ay. W i t h regard to N ew Y o r k we
inolude th e m an ifests o f all vessels cleared up to Thursday.
Total bales.
N e w Y ork —To Liverpool, per stoamei s Aurania, 2,173 upland
and 2 4i Sea Island ...Gaorgic, 8,055 upland and 299 Sea
Island....... ....................................................................................... 10,673
To Hull, per steamers Colorado, 1,588___Martello, 13 i___
1,716
To Manchester, per steamer Mozart, 200 upland and 215
Sea Island...................... ..........................................................
415
To Havre, per steamer La Gascogne, lOo....................... ..........
100
To Bremen, par steamers Lahn, 9 6 ___Muueken, i,5 5 3 .......... 1,649
To Hamburg, per steamer Prussia. 20
............................. .
200
100
To Amsterdam, per steamer P. Caland. 100.............................
To Antwerp, per steamer 8 juthwark, 658................................
658
To Gothenburg, per steamer Rialto, 1,63 J................................ 1,6 19
To Genoa, per steamers California, 1,098___Fulda, 5 48 ___
Italia. 6 )0 ......... . . . . . . . . . ............................. ..........- ...........
2,156
To Naples, per s ,earners Californinia, 151 ...Italia, 1,360.. 1,510
To Maruuique. per sohooner Mabel Hooper. 4.........................
4
N e w Orleans —Co Liverpool, per steamers Caban, 4,710 . . .
Guido, 3,450....... Mira, 7,100........Orion, 5 ,5 0 6 ....... Vesta,
6,400. ............................................................................................ 27,166
To Manchester, per steamer Knutsford, 3,000 ...................... 3.0JO
To Havre, per steamers Alicia, 5,823 ...Bentala. 5 ,0 7 4 ....
Cordoba, 6,768
................................ ..................................... 17,670
To Bremen, per steamer Cabral, 4,907
.................. ..............
4,907
500
To Hamburg, per steamer Dalmatia, 500.......... ......................
G alveston —To Liverpool, per steamer Texan, 4,9 i L .................
<1,901
To Havre, per steamer Mayumba, 7,168 ................................ 7,163
To Bremen, per steamer Britannia, 6 ,2 5 7 .... .............. .......... 6,257
To Rotterdam, oer steamer N rge. '.'09.....................................
200
Savannah —To Bremen, per steamer Abacenda, 6,850. ............ . 6,850
To Hamburg, per steamer Brinkbu-u, 5 0 0 .............................
5 10
B runswick —To Liverpool, per steamer St. Flllans, 5,881 ........
5,831
Charleston —To Bremen, per steamer Otterspool, 8,800 .........
8,800
To Barcelona, per steamer Graaada, 2.900..............................
2,900
W ilmington —To Liverpool, per steamer Orme3by, 9 .2 1 6 .........
9,216
T o B r e m e n , p e r s t e a m e r T h u r s t o n , 5 . 7 1 5 ...... ................. ..
...
B o s t o n —T o L i v e r p o o l , p e r s t e a m e r s C o r in t h ia , 3 5 0 ___ P h il a 
d e lp h ia n , 1 4 0 . .. S a c h e m , 5 1 1 ...........________________________ ..
B altim o re To L i v e r p o o l , p a r s t e a m e r I k b a l , 5 9 ..............................
T o B r e m e n , p e r s t e a m e r D r e s d e n , 1 ,8 0 0 ........................................
P h il a d e l p h ia T o L i v e r p o o l , p e r s t e a m e r P e n n l a n l , 2 0 0 .........
S an F r a n c i s c o — To L i v e r p o o l , p e r s h ip A f g h a n is t a n , 7 .................

5 ,7 1 5
1 ,0 0
50
1 ,8 0 0
2 JO
7

L i v e r p o o l ............. A .
Do
............. .d .
H a v r e ...................
D o ...................
B r e m e n ................
Do
................. A .
H a m b u r g , N o v . .d .
Do
........... A .
A m s t e r d a m ........
R e v a l, v . H a m b A .
Do
y. H u ll.. A .
B a r c e l o n a ............ .d .
G e n o a ................... .d .
T r i e s t e .................. A .
A n t w e r p ............... A .
Ghent, v . A n t w ’p . d.

T h e p a r t ic u la r s o f th e s e s h ip m e n ts , a r r a n g e d in o u r u s u a l
fo r m , a r e a s fo llo w s .
Hull £
Brem en Other B'lona ,

Liver- Man<£ Him- Worth Genoa & Marlip 10 I. client r. Havre, burg. Europe.Wa des, nigue.

T o t a l....

5 9 ,1 0 4

1 ,8 1 3 2,397 3,666
5 ,4 0 7
6 ,2 5 7
2U0 ..........
7 ,3 5 0 .........................
8,800
5 ,7 1 5

2,90 0
.........................

T u es.

“ s;
....

U 64
....

n 64
....

%
..

%
...

=8
...

3ie
...

3ns
...

631
....
35t

532
....
35f

>4

>4

l5 e»
...

15S4
...

1564

316
316
5 32
3 16

S18
S16
532
31S

S18
316
5S2
316

Tola■

4 20,820
53,243
18,526
7,350
5,881
11,700
14,931

W ed n es.

T h u r s.

U 64
....
3e

U 81
....

316
...

316
...

316
....

316
....

B32
__ _

BS2
....
35t

b32

351

B32
....
35t

>4

>4

F ri.
“ 84
....
38

%
...

351

%

>4

1B8*
....

1B64
...

1B84
...

S18
3 ia
B32
316

3 16
316
532
316

318
318
B32
S18

1 C e n ts n e t p e r 10 0 lb s .

L iv e r p o o l . — B y cable from Liverpool w e hav j th e fo llo w in g
statem ent o f th e w eek’s sales, stocks. & o .. a t th a t port.
Sept. 1 1
S a le s o f th e w e e k ............b a le s .
O f w h ic h e x p o r te r s to o k . . .
O f w h ic h s p e c u la to r s to o k ..
S a le s A m e r ic a n .............................
A c t u a l e x p o r t ................................
F o r w a r d e d ......................................
T o ta l s t o c k — E s t im a t e d ............
O f w h ic h A m e r ic a n —E s t im ’d
T o ta l im p o r t o f th e w e e k ..........
O f w h ic h A m e r ic a n .................
A m o u n t a f lo a t ...............................
O f w h ic h A m e r ic a n .................

Sept. 18 .

4 7,0 0 0
900
2,200
38,000
5,000
45,00 0
454,0 0 0
335,0 00
22,000
20,000
53,0 00
50,000

46,000
1,000
900
39,000
2,000
50,000
423,0 0 0
303,000
2 1,0 0 0
15 ,0 0 0
88,000
85.000

Sent. 25
52,00 0
1,000
700
45,0 0 0
4,000
57,0 0 0
386,000
2 73 ,0 0 0
25,000
23,000
10 1,0 0 0
95,000

Oct. 2.
56,00 0
1,3 0 0
1 ,2 0 0
50,000
3,000
51,0 0 0
4 12 ,0 0 0
306,000
45,00 0
4 1,0 0 0
1 4 1 ,0 0 0
13 5 ,0 0 0

T h e to n e o f th e L iv e rp o o l m a r k e t fo r sp o ts a n d fu tu r e s e a c h
d a y o f t h e w e e k e n d in g O o t. 2 a n d t h e d a i ly c lo s i n g p r ic e s
o f s p o t c o t to n , h a v e b e e n a s fo llo w s .
-------------i—

Spot.

Saturday Monday. Tuesday . W e d ’d a y . Thursday. F riday .

M a rk e t, ? M oderate M od erate H a r d e n ’s; M oderate
1 :4 5 P. M. $ dem and. dem and. ten d en cy. dem and.

M o re
dem and.

G ood
dem and.

M id .U p P d s.

4 “ l6

42332

42332

4 “ l6

4 2 1 33

4 U 18

8 peo. & e x p .

7,00 0
500

8,000
500

8,000
1,0 0 0

8,000
700

10 ,0 0 0
500

12 ,0 0 0
1,000

Futures.
teady at
M a rk et, { S
1 -s i <n 2-6i
1 :4 5 p . M. ^ de clin e .

M a r k e t,

)

4 p . at.

\

Steady.

Steady.
V e ry
steady.

S teady at Q uiet at S teady at S teady a t
partially
partially g.rti 3-64 2-64 d e 
1-64 ad v.
1-64 a d v .
d eclin e.
cline.
Q uiet.

Steady.

Q uiet.

Q uiet.

T h e p r ic e s o f f u t u r e s a t L iv e r p o o l f o r e a c h d a y a r e g iv e n
b e lo w .
P r ic e s a r e o n th e b a n s o f U p la n d s , L a w M id d lin g
c la u s e , u n le s s o th e r w is e s ta te d .

S a tu r.
S e p t. 2 6 to
O ct. 2 .

T o t a l ................................. .....................................................................................1 3 5 ,5 1 8

N e w Y o r k . 10,673 2,131
100
N . O rle a n s . 2 7 ,1 6 6 3,000 1 7 ,6 7 0
G a lv e s to n .. 4 ,9 0 1
........ 7 ,1 6 8
S a v a n n a h ..
B r u n s w ic k
5 ,8 8 1
C h a rle s to n .
W llm in g t’n
2 16
1 ,0 1 0
B o s to n . . . .
50
B a lt im o r e ..
200
P h ila d e l’a..
S a n F r a u ..
7

M on.

S a tu r .

changed prices, the close to-n igh t being at 5}^c. for \ % lbs.,

T u es.

W e il.

T li u r s .

F r i.

12*2 1 1 45 4 1 4 5 1 4 1 45 j 4 1 45 4 1 45 4
p M. P M. P M. P M. p M. P M. P M. P M. P M. P M. p M. P >t.
i.

S e p te m b e r..
S e p t.- O c t ...
O o t.-N ov . . .
N o v .- D e e ...
D e o .- I a n ...
J a n -.F e b . . .
F eb-M arch .
M o h .-A p ril.
A p r il- M a y .
M a y - J u n e ..
J a n e - J u ly ..
J n l y . - A a g ..

Mont.

4 33
4 30
4 25
4 22
4 22
4 21
4 22
4 23
4 23
4 24
4 24

d.

4 35
4 30
4 27
4 25
4 24
4 24
4 24
4 25
4 25
4 26
4 26

d.

4 33
4 33
4 30
4 28
4 27
4 26
4 27
4 27
4 27
4 28
4 28

d.

4 39
4 34
4 31
4 29
4 28
4 28
4 23
4 28
4 18
4 29
4 29

i . I d.
d. ! i.
4 40:4 41 4 37!4 37
4 3414 3 5 4 3*l4 32
4 314 32 4 30 1 29
4 29 4 30 4 27 4 26
4 28 4 29 4 26 4 25
4 27 4 23 4 25 4 21
4 27 4 23 4 26 4 25
4 28'4 29 4 26 4 25
4 28 4 29 4 26 4 25
4 23 4 29 4 27 4 26
4 29|4 30 4 27:4 26
1
...

i.

i.

1.

4 30 4 24 4 32
4 27 4 26 4 29
4 25 4 2 4 4 26
4 24 4 23 4 25
4 23 4 22 4 24
4 23 4 22 4 25
4 2 4 4 23 4 25
4 24 4 23 4 25
4 25 4 24 4 26
4 25 4 24 4 26
4 26 4 25 4 27

d.

4 32
4 29
4 26
4 25
4 25
4 24
4 25
4 25
4 26
4 26
4 27

1 ,0 1 0

1,850

L800

5 , 1 3 1 2 4 , 9 3 3 3 7 ,1 7 3

200

7
2 ,5 9 7

6 ,5 6 3 "

4 1 3 5 ,5 1 8

B e lo w w e a Id t h e c le a r a n c e s th is w e e k o f v e s s e ls c a r r y i n g
o o t t o n fr o m U n ite d S t a t e s p o rts , b r in g in g o n r d a t a d o w n to
th e la te s t d a te s:
G a l v e s t o n —T o L i v e r p o o l —S e p t .
2 5 —3 te a m < v s
In o h m o n i,
5 ,6 0 ;
H o u n s l o w , 7 ,5 1 6 . .8 e p t . 2 8 —S te a n e r E x p lo r e r . 4 , 1 8 ) . . . S e p t .
2 9 —S t e a m e r G le n v s e h , 4 ,8 1 0 . . . S e p t . 3 0 — R a t m i r s A r c h i t e c t ,
4 , 4 4 9 ; D a n ie l, 4 ,1 5 0 .
T o H a v r e S e p t. 2 9 —S t e a m e r D e p t fo r d 6 ,5 ! 2 .

T o B r e m e n — Sept 2 1 — S te a m e r L a m b ir c ’ s P o in t, 5 .3 59.
T o H a m b u r g —S ep t. 2 9 — S te a m e rs A m v 1 a. I, 0 1; SJO tH , 1,5 0 0 .
T o G e n o a —S e p t . 3 0 —S t e a m e r T u rk is h P r i n c e , 4 , 4 s o .
N e w O r l e a n s — T o L i v e r p o o l —S e p t . 2 5 —S t e a m e r G a ll e g o , 2 , 9 3 2 . . . .
S e p t. 2 6 —S t e a m e r D a r U n , 4 , 6 1 0
S e p t. 3 0 - S t e u n r E l e c t r ic i a n ,

5,80 0 . . . O o t 1 — S te a m e rs B a rb a d ia n , 3 ,1 >0; W m . (Judes, 4 ,30 9 .
T o H a v r e —SeDt. 30 S te a m e r H ig h la n d P r in c e , 3 ,2 0 0 . . ..O o t . 1 —
S te a m e • M a d rlle n o , 6,200. t
To B r e m e n — O ot. 1 -S t e a m e r A k a b a , 5 ,8 0 ).

Mobile To Liverpool—Sept. 25—Steame- Selma, 9,516.
P e n s a o o l 4— T o L i v e r p o o l —O c t . 1 —S t e a m e r L e n o r a , 1 ,0 0 4 .
S a v a n n a h - T o B r 'm e n —8 e p t. 2 6 —S te a n e r Si Ira, 7 ,2 5 6 .
T o B a r o s l o n a — S e p t. 2 6 —S te a n e r E lw ie k , 4 , 5 5 0 .
T o G e n o a - S e tt. 2 6 —S t e a m e r E iw co k . 1 0 0 9.
N o r f o l k — To L i v e r p o o l - S e p t . 3 9 —S ie a m e r B r a o o n s h 'e e , 2 . 7 5 0 .
B o s t o n —T o L i c e r o >ot— S e p t . 2 8 — S te a m e r S a g a m jr a , 6 t l . . . S e p t . 2 9 S t e a m e r A r m e n ia n . 1 ,7 0 3 .
B altimore—To Liverpool—Sept. 25—Steamer Sedgemore, 1,178.
T o L o n d o n — iep t. 2 1— S te a n e r T e r r H e a d , 1 ,5 0 0 .
T o B r e m e n — S e p t . 3 0 —S t e a m e r C r e fe ld , 1 ,9 0 0 .
P h i l a d e l p h i a - T o L i v e r p o o l —S a p t. 2 5 —S t e a m e r B e l g e n l a n l , 3 0 9 .
SAN F r a n c i s c o - T o C h in a — 3 a J t. 2L — 3 ta a n e r C it y o f P e k in g , 1 2 4 .

B R E A D S T U

F F S .

F r i d a y , O c t o b e r 2 , 18 9 6 .
T h e m a r k e t f o r w h e a t flo u r h a s b e e n fir m a n d p r ic e s h a v e
fu r t h e r a d v a n c e d in r e s p o n s e to a r is e in th e p r ic e o f th e g r a i n .
T h e a m o u n t o f b u s in e s s t r a n s a c t e d h a s b e e n m o d e r a t e l y l a r g e
a lt h o u g h th e u p w a r d t u r n to v a lu e s h a s h a d a t e n d e n c y to
k e e p b u s in e s s i n c h e c k t o s o m e e x t e n t .
O it v m ills h a v e h a d
a fa ir c a ll a t s lig h t ly h ig h e r p r ic e s .
R y e flo u r h a s b e e n in
f a i r l y g o o d d e m a n d a n d p r ic e s h a v e b e e n q u o te d h ig h e r .
B u c k w h e a t flo u r h a s b e e n q u ie t b u t s te a d y .
C o rn m eal h as
b e e n in m o d e r a te r e q u e s t a n d a t h ig h e r p r ic e s .
T o -d a y th e
m a r k e t f o r w h e a t flo u r w a s f a i r ly a c t i v e a n d fir m .
T h e re h as c o n tin u e d a fa ir a m o u n t o f a c t i v it y to th e s p e c u 
l a t i o n in t h e m a r k e t f o r w h e a t f u t u r e s .
E a r ly in th e w e e k
th e r e w a s a w e a k e r te n d e n c y to v a lu e s u n d e r r e a liz i n g s a le s
b y “ lo n g s ,” p r o m p te d b y e a s ie r f o r e ig n a d v ic e s .
S u b se
q u e n t ly , h o w e v e r , th e r e w a s a s h a rp u p w a r d tu r n to p r ic e s
o n d e c id e d ly s tr o n g e r a d v ic e s fr o m E i g l i s h m a r k e ts , a c c o m 
p a n ie d b y g o o d b u y in g o r d e r s , th e r e s u lt o f u n f a v o r a b le c r o p
p r o s p e c t s i n I n d i a . I n t h e s p o t m a r k e t a g o o d b u s in e s s h a s b e e n
tr a n s a c te d fo r e x p o r t, p a r t ic u la r ly d u r in g th e la tt e r p a rt o f th e
w e e k , b u t i t w a ? p r in c ip a lly in th e w a y o f c a b le a c c e p ta n c e s
a n d t h r o u g h b u s in e s s .
S a le s m a d e y e s t e r d a y in c lu d e d N o . 1
n o r t h e r n D u l u t h a t 7 5 J ^ c . f . o . b . a f l >at.
T o d a y th e re w a s
a n e a s ie r m a r k e t u n d e r s e llin g to r e a liz e p r o fits p r o m p te d b y
w e a k e r fo r e ig n a d v ic e s .
A f a i r e x p o r t b u s in e s s w a s t r a n s 
a c t e d i n t h e s p o t m a r k e t , b u t i t w a s p r i n c i p a l l y t h r o u g h b u s i-

OCTOBER3, 1S96.J

THE CHRONICLE.

n e s s . T h e > a le s i n c l u d e d N o . 1 n o r t h e r n D u l u t h a t 7 5 c . f . o . b .
a flo a t a n d N o . 3 r e d w i n t e r a t 78 3^ c. f . o . b . a flo a t ; N o . 1 h a r d
D u lu th w a s q u o te d a t 7 6 % c . f. o . b. a flo a t.
OAiLr c l o s i s o p b i c b s o f
Fat.

7058
71%
72*9
75%

October delivery......
N o v em b e r delivery ..

December delivery.
May delivery........ ...

ho

. 2 b e d w h it e s w h e a t .

lfon.
71%

T u eg.

70%
71%
72*3
75

7 2 19

73%

76

T K urg

71%
73
733*
76%

72%

75

74%
77%

T h e r e w a s a q u ie t m a r k e t fo r I n d ia n c o r n fu tu r e s d u r in g
th e fir s t h a lf o f th e w e e k , a n d c h a n g e s in p r ic e s w e r e u n im 
p o rta n t.
L a te r , h o w e v e r , th e tr a d in g b e c a m e m o re a c tiv e
a n d y e s t e r d a y th e r e w a s a f a i r l y a c t i v e m a r k e t, a n d p r ic e s
s h o t u p w a r d in s y m p a t h y w i t h a n a d v a n c e in w h e a t a n d a n
a c t iv e fo r e ig n d e m a n d .
I n t h e s p o t m a r k e t s h ip p e r s h a v e
b e e n b u y e r s a n d p r ic e s h a v e a d v a n c e d .
T h e b u s in e s s tr a n s 
a c t e d y e s t e r d a y i n c l u d e d N o . 3 m i x e d a t 3 0 J^ c. f . o . b . a f l o a t
p r o m p t d e l i v e r y a n d 30 JgC . f . o . b . a f l o a t f o r d e l i v e r y e n d o f
th e m o n th .
T o - d a y t h e m a r k e t w a s q u ie t a n d fr a c t io n a lly
lo w e r .
T h e s p o t m a r k e t w a s f a i r ly a c t i v e a n d fir m .
The
s a l e s i n c l u d e d N o . 3 m i x e d a t 2 9 c . in e l e v a t o r , 3 0 c. d e l i v 
e r e d a n d 30 !4 c . f . o . b . a f l o a t , p r o m p t d e l i v e r y , a n d 3 U£c. d o .
d e liv e r y e n d o f th e m o n th .

DA1LT OLOStMO PBICSS OF HO. 2 BUBO
Bat

M on.

ru es.

OOBS
Wert.
T H u rt

O o t o b e r d e liv e r y ............... o. 2 7 %
N o v e m b e r d e h v e r v ..........o. 2 8 %
D e c e m b e r d e l i v e r y ... ..e . 2 8 %

27%
...
28%

27
...
28%

27%
28%
28%

28%
....
28%

.

28%
...
29%

delivery........„ ...o 31%
31%
31
31%
32%
32%
(Jits for future delivery have continued quiet, but prices
during the latter part of the week advanced in sympathy with
the improvement in wheat and corn. In the spot market busi
ness has been fairly active. There has been a moderate de- mand from the home trade and shippers also have been buyers.
The rales yesterday included No. 3 mixe i at 33c. in elevator,
No. 2 white at 35c. in elevator and white clipped for export,
but the terms were kept private. To-day the market was
dull and cash r. The spot market was quiet. The sales in
cluded No. 2 mixed at 213i'@22c. in elevator and No. 2 white
at 24!£@35c. in elevator.
M ay

OAXLT O U M lia F S I08S OF MO. 2 KIXBD'OATS.
O cto b e r d e liv ery . . .
D ecem b er d e liv ery

.

«.
0.

Sal

M m .

T u ee.

W ai

T A u ".

20%
21%

21
i t

aft
22

2(1%
22

21%
23%

*- .
21%
22%

Rye and barley have advanced, checking the demand.
T o - following are closing quotations:
rto n
f i n e ------- ----------V b b l . p l 7 0 S 2 0V P a te n t, w in te r............ * 3 S O * 4 15
B aperflae...............
1 H ) » 2 3 0 C ity m ills e x t r a s ..... 4 1'’ ® 4 15
E x tr a , M o .2 ------- - —
2 l o a 2 5 0 R ye flour, su p e rfin e ., 2 4 0 • 2 9 0
K x t r s .t 4 o . 1 .................
2 50 a 2 "5
B uckw h eat H oar........
150
C le a r * .. . . . . . . . .
2 8 V * 3 4 0 Corn m e a l—
B tra lv b te ........................ 3 3 5 9 3 6 5
W estern , .t o .............. 1 9 0 9 2 0 :
P a te n t, s p r in t. ..... 3 819 4 15
Brandywine.........
2 05
[ W h e a t B oar In sa ck s sells a t prloea b elow th o se fo r b a r re ls !
8 BAM
W k *a t—
e.
o.
i C orn , p e r b a s k —
C
0.
S p rin g , per b u « h .. 7 0 *
77
Wflfit'n m i x e d . .. . — 26*4 » 3 1 %
He«l w inter N o. 2 . . 7 6 9
78%
N o. 2 m ix ed ............. 29
9
31%
Hwl w in te r ..............
71
9 79
Wen tern y e llo w ..
29
9
32
7H % » 77
29 9
II***!, S o . 1----- W estern w h it e ___
32
O s l o -M i x e d , per b u. 1 S % 9 2 2 % R y e W h ite ........................... 2 2
9
30
WVrft^rn, per bui»b. 39 w 4 3
2\ \9
9
23
S ta le *ud J e r e e y .. 4 0
43
Mo S m ix e d ___ . . .
* o 2 w h i t e .. . . . . . .
B ering— W e s t e r n .... 3 9
a
2 I S ® 20
45
32 o 3 1 %
Feed liuc.
3*7

THE

DRY
N

ew

Y

GOODS

ork

. F

r id a y

TRADE.

, P.

D o m estic Co t t o n G oods — T h e e x p o r t s o f c o t t o n g o o d s
f r o m t h i s p o r t f o r t h e w e e k e n d i n g S e p t . 28 w e r e 4 ,0 7 1
p a c k a g e s , v a l u e d a t $ 16 9 ,50 9 , t h e i r d e s t i n a t i o n b e i n g t o t h e
p o in ts s p e c ifie d in t h e ta b le s b e lo w :

F r i.

72%
77%

611

M ., O c t . 2 , 1898.

T i n r e h a s t e e n n o i n c r e a s e i n t l i e v o l u m e o f b u s i n e s s p a s s in g
i n t h e c o t t o n g c o d s d i v i s i o n o f t h e m a r k e t t h i s w e e k , e i t h e r in
s t a p l e o r f a n c y t in e * .
B u y in g h a s b e e n c o n fin e d a lm o s t e n 
t i r e ly to lim it e d q u a n t it ie s to m e e t c u r r e n t r e q u ir e m e n t s , a n d
t h e * ., a f t e r th e r e c e n t lib e r a l p u r c h a s e s , a r e b u t lim it e d .
In
t h e w o o le n g o o d s d i v i s i o n t h e r e h a s b e e n r a t h e r m o r e d o i n g
in s o m e q u a r t e r s , b u t s t i l l t h e g e n e t a l d e m a - id is s l o w .
In
c o t t o n g o o d s t h e m a r k e t r u l e s v e r y s t e a d y f o r a l l li n e s o f
s ta p le g o o d s a n d f o r p r in ts a n d s ta p le g in g h a m s .
S e lle r s d o
n o t a p p e a r to e x p e c t a n y m a t e r ia l r e v i v a l o f b u y in g th is
m o n th , b u t th e y h a v e s u c c e e d e d in r e d u c in g s to c k s to s u c h
lig h t d im e r s io o s t h a t th e y v ie w th e o u tlo o k w ith o u t a p p r e 
h e n s io n a s 1 0 p r i c e s . T h e o n l y w e a k n e s s n o t i c e a b l e is in p r i n t
c lo th s , w h ic h a r e p e c u lia r ly c o n d itio n e d , b e in g in h e a v y s u p 
p ly w i ih p r o d u c tio n a g a in c lo s e u p to n o r m a l v o lu m e . T h e j o b 
b i n g t r a d e h a 9 b e e n d u l l h e r e a l l w e e k a n d 1 9 r e p o r t e d q u i e t in
o th e r d is tr ib u tin g ce n tre s .
T h e r e is l i t t l e i f a n y d i s q u i e t u d e
in t h e m a r k e t a s t o t h e o u t c o m e o f t h e e l e c t i o n s n e x t m o n t h ,
b a t n e v e r th e le s s t h e p o lit ic a l s it u a t i o n e x e r c is e s a r e s t r ic t iv e
i n f l u e n c e y e t o v e r g e n e r a l b u s in e s s .
W o o l e n G o o d s . — T h . i m p r o v e m e n t n o t e d in s o m e q u a r t e r s
i n t h e d e m a n d f o r l i g h t - w e i g h t w o o le n g o o d s f o r m e n 's w e a r
h a s b e e n m a in t a in e d th is w e e k , a n d th e r e h a s b e e n m o r e
d o in g i 1 th e a g g r e g a t e th a n fo r s o m e lim e p is t .
I t is n o t a
w e ll s p r e a d im p r o v e m e n t , h o w e v e r , a s th e r e is n o d e m a n d o f
a n y m o m e n t c o m i n g f o r w a r d e x c e p t f o r p o p u l a r p r i c e d lin e s
o f f s o c y a ll- w o o l c h e v io t s a n d a ll- w o o l c a s s im e r e s .
H ig h g r a d e f a n c y w o r s t e d s s e ll h u t i n t e r m i t t e n t l y . T h e r e h a s b e e n
n o m a t e r i a l c h a n g e in p r i c e s b u t t o m e i r r e g u l a r i t y is o c 
c a s io n a lly n o te d ,
l'h e s t a p l e li n e s o o n t i n u e i n a c t i v e t h r o u g h 
o u t a n d o c c a s i o n a l l y in b u y e r 's f a v o r .
K e rs e y s , b ea vers,
f r i e z e s . & c . , d o n o t i m p r o v e in d e m a n d f o r t h e o v e r c o a t i n g
t r a d e , h u t s e ll f a i r l y f o r c l o a k i n g s .
F la n n e ls , b la n k e t s a n d
c a r p e ls a r e d u ll a n d u n a lte r e d .
F a l l d r e s s g o o d s a r e in q u i e t
r e - o r d e r r< q u e s t ; s p r i n g li n e s s e ld o m s h o w n y e t .

1896.

N e w Y o r k to Sept. 28.

1895.

W ee k . S in c e J a n .

1.

W ee k .

S in ce J a n .

770
856
100
218
42
243
1,506
118

2.772
2,050
81,877
4.298
25,161
14,349
9,366
2,079
6,922
37,508
3,062

96
27
516

3,751
2,078
44,122
3,701
17,512
7,031
13,124
2,122
9,194
45,713
5,757

4,071
4,463

189,444
27.977

2,293

154,105
19,655

Total ........ ...................... s,534
8.534
217,421
* From New England mill points direct.

2,293

173,760

Brest Britain....... .
3 1 tier European..

Oblna .......... ........
India.............
Arabia...... .............
Africa ..................
West In d ie s .......
M exloo................
Central America..
8 "nth A m erica...
O ner Countries...
Total............................. .

1 bins, via Vancouver’ __

103
15
KO

188
60
G01
790
15

1.

T h e v a lu e o f th e N e w Y o r k e x p o r ts fo r th e y e a r to d a te h a s
b e e n $ 8 ,3 3 0 ,14 9 i n 1898 a g a i n s t $ 6 ,8 59,00 0 i n 18 9 5.
P r ic e s h a v e r u le d s t e a d y f o r a ll w e ig h ts o f b r o w n s h e e tin g s
a n d d r ills d e s p ite a v e r y in d iffe r e n t d e m a n d c o m in g fo r w a r d
fro m d a y to d a y .
R e a d y s u p p lie s a r e lim it e d a n d m ills a r e
n o t a n x io u s to s e ll a h e a d .
B u s in e s s in b le a c h e d c o t t o n s h a s
b e e n c o n fin e d t o lim it e d in d iv id u a l q u a n tit ie s in a l l g r a d e s
a n d h a s b e e n l i g h t in t h - a g g r e g a t e .
T h e r e is , h o w e v e r , n o
in d ic a t io n o f w e a k e n in g p r ic e s .
W id e s h e e tin g s a r e s lo w b u t
fir m .
Sto<»ks g e n e r a l l y w e l l s o ld u p .
C o tt o n fla n n e ls a n d
b l a n k e t s in q u i e t l y s t e a d y r e o r d e r d e m a n d a t p r e v i o u s p r ic e s .
D e n i m s , t i c k s a n d o t h e r c o a r s e c o l o r e d c o t t o n s in q u i e t d e 
m a n d , b u t ’ w e l l h e ld , d e n i m s o c c a s i o n a l l y s l i g h t l y d e a r e r .
K id - fin is h e d c a m b r ic s in a c t iv e a n d w e a k e r u n d e r p r in t c lo th
in flu e n c e s .
T h e r e h a s b e e n b u t a l i g h t b u s in e s s in p r i n t s o f
a n y d e s c r i p t i o n , b u t t h e m a r k e t is g e n e r a l l y s t e a d y .
S t a p le
g io g h a m s a r e d u ll b u t s t e a d y ; d r e s s s t y le s s t ill n e g le c te d .
P r i n t c l o t h s h a v e a g a i n d e c l i n e d 1 -1 0 C . t o 2 9 - 1 6 c . f o r e x t r a s ,
w i t h o n ly lim it e d s a le s .
B la ck o f P r i n t O Lottie—

At Providence, 61 squares.
At Fall River, 64 squares..
At Fall River, odd sizes....

1896.
26.
378.000
841.000
732.000

S ept.

Total atook (pieces)....1,931,000

1895.
28.
98.000
40.000

S ep t.

8 6 .0 0 0

224,000

1894.
1893.
29. SepL 30.
89,000 171,000

S ep t.

isilSoO| 422'000
347,000

593,000

F o r e ig n D r y G o o d s . — T he spring dem and for dress goods,
silks, etc., continues backward, orders com ing forw ard slow ly
and for conservative quantities only. In sea mnable goods a
generally dull week bus been reported without special feature.
I m p o r t a t i o n s a n d W a r e h o u s e W I t lid r a iv a ls o f D r y G o o d s !
T h e im p o r ta tio n s a n d w a r e h o u s e w ith d r a w a ls o f d r y g o o d s
a t h is p o r t f o r t h e w e e k e n d i n g O c t o b e r 1 , 18 9 6 , a n d s i n c e
Ja> u a r y
18 9 6 , a n d f o r t h e c o r r e s p o n d i n g p e r i o d s o f l a s t

612
Bw

THE CHRONICLE.
e

/ ijiT i

C

it y

V z ? rm

m

m

.

TER M S OF S U B S C R IP T IO N .

[Vol. lxiii,

O c to b e r 1 o f e a c h y e a r a t th e F ir s t N a t io n a l B a n k , M o r r is o n ,
1 11 ., a n d $ 3,4 0 5 o f t h e p r i n c i p a l w i l l m a t u r e i n 18 9 9 , $ 3,0 0 0
in 190 0 , $3,000 i n 1 9 0 1 , $3,000 in 19 0 2 . a n d t h e r e m a i n i n g
$ 16 ,0 0 0 a t t h e r a t e o f $4,000 e a c h y e a r t h e r e a f t e r . T h e d e n o m 
i n a t i o n o f t h e b o n d s i s $500 e a c h .
T h i s d i s t r i c t c o v e r s 8 ,0 0 0
a c r e s o f l a n d , w h i c h is w o r t h f r o m $30 t o $ 5 0 p e r a c r e .

T h e I n v e s t o r s ’ S u p p l e m e n t will be furnished
w ithout extra charge to every annual subscriber o f the
M i l w a u k e e , W i g .— B o n d S ale P o s t p o n e d . — C i t y C o m p t r o l l e r
C o m m e r c ia l a n d F i n a n c i a l C h r o n ic l e .
W m . J , F i e b r a n t z r e p o r t s t o t h e C h r o n ic l e t h a t a l l t h e b id s
T h e St a t e a n d C i t y S u p p l e m e n t will also be fu r r e c e i v e d f o r t h e $ 16 0 ,0 0 0 o f s c h o o l b o n d s o f f e r e d o n S e p t e m b e r
2 9 , 18 9 6 , w e r e r e j e c t e d a n d t h a t t h e s a l e h a s b e e n p o s t p o n e d
nished w ith out extra charge to every subscriber o f the u n t i l 10 o ’c l o c k A . M . O c t o b e r 6 , 18 9 6 . T h e b id s r e c e i v e d f o r
t h e lo a n w e r e a s fo llo w s :
C h r o n ic l e .
F a r s o n , L e a c h & C o . , o f C h i c a g o , 1 0 7 -1 3 4 a n d a c c r u e d i n 
T h e S t r e e t R a i l w a y S u p p l e m e n t will likewise t e r e s t ; E . H . R o l l i n s & S o n s , o f B o s t o n , 10 7 50 a n d a c c r u e d
be furnished w ithout extra charge to every subscriber i n t e r e s t , a n d E . B . U n d e r b i l l & C o . , o f N e w Y o r k , 10 7 -5 0 .
T h e b o n d s w i l l b e a r in te r e s t a t th e r a t e o f 5 p e r c e n t a n d 5 p e r
o f the C h r o n ic l e .
c e n t o f th e p r in c ip a l w ill m a tu r e a n n u a lly fr o m d a te .
T h e Q u o t a t io n S u p p l e m e n t , issued m on th ly, w ill
M o r a v ia U n io n F r e e S c h o o l D i s t r i c t N o. 1 , N . Y — B o n d
also be furnished w ith out extra charge to every su b  O ffe r in g .— P r o p o s a l s w i l l b e r e c e i v e d u n t i l O c t o b e r 3 . 18 9 6 , f o r
t h e p u r c h a s e o f $5,20 0 o f b o n d s o f t h e d i s t r i c t .
T h e s e c u r i
scriber o f the C h r o n ic l e .
tie s w i ll b e a r in te r e s t a t t h e r a te o f 5 p e r c e n t a n d t h e p r in 
TERMS for the C h r o n ic l e with the four Supple c i p a l w i l l m a t u r e p a r t y e a r l y f r o m O c t o b e r 1 , 1 8 9 7 , t o O c t o 

ments above named are Ten ollars within the United
States and Twelve Dollars in Europe, which in both
cases includes postage.
T e r m s o f A d v e r t is in g — ( P e r in c h s p a c e .)
O n e t i m e . . . . . . . . _________ $3 50 I T n r
M o n th s (1 3 t i m e s ) ..$ 2 5 00
O n e M o n th
(4 t i m e s ) .. 1 1 00 S ix
o n th s
(26 ti m e s ) .. 4 3 00
T w o M o n th s
(8 t i m e s ) .. 1 8 00 I T w e lv e M o n th s (52 t i m e s ) .. 58 00
(T h e a b o v e te r m s f o r o n e m o n th a n d n o w a r d a r e f o r s ta n d in g c a r d s .

B o n d P ro p o sa ls a n d N eg o tia tio n s.—W
c e iv e d

th ro u g h

th e

w eek

th e

fo llo w in g

e h ave re

n o tic e s o f

bon d s-

r e c e n tly n e g o tia te d a n d b o n d s o ffe r e d a n d to b e o ffe r e d fo r
s a le .
A k r o n , O l i i o . — B o n d S a le . — T h i s c i t y h a s s o ld $4 6 ,0 0 0 o f
b o n d s a t a p r e m i u m o f $ 6 50 . T w o b id s w e r e r e c e i v e d f o r t h e
lo a n .
A l l e n t o w n , P a . — B o n d S a le . — T h i s c i t y h a s s o l d $30,000 o f
b o n d s to th e A lle n t o w n N a tio n a l B a n k a t a p r e m iu m o f 2
p e r ce n t.
O n e o th e r b id w a s r e c e iv e d fo r p a r t o f th e lo a n .
B a r b e r C o u n t y , B a n . — N e w s I t e m . — I t is r e p o r t e d f r o m
T o p e k a th a t th e C o u n ty C o m m is s io n e r s o f B a r b e r C o u n ty h a v e
is s u e d a c i r c u l a r s t a t i n g t h a t t h e c o u n t y is u n a b l e t o p a y t h e
in te r e s t o n its b o n d e d d e b t.
C a n t o n , O h i o . — B o n d S a le P o s t p o n e d . — C i t y C l e r k F . H .
B e l d e n r e p o r t s t o t h e C h r o n ic l e t h a t n o s a t i s f a c t o r y bids
w e r e r e c e i v e d f o r t h e $ 7 ,7 0 0 o f s t r e e t i m p r o v e m e n t b o n d s
w h ic h w e r e r e c e n tly o ffe re d b y th e c it y , a n d th e b o n d s w ill
n o t b e o ffe r e d a g a in u n t i l a f t e r th e e le c tio n .
T h e s e c u r itie s
w i ll b e a r in te r e s t a t t h e r a te o f 5 p e r c e n t a n d th e p r in c ip a l
w i l l m a t u r e p a r t y e a r l y f r o m 1 8 9 7 t o 19 0 6 .
T h e t o t a l d e b t o f C a n t o n i s $ 7 2 0 ,1 1 5 , i n c l u d i n g a w a t e r d e b t
o f $19 0 ,0 0 0 . T h e s i n k i n g f u n d a m o u n t s t o $ 7 5 ,8 5 7 4 0 ; a s s e s s e d
v a l u a t i o n $ 1 1 ,2 4 0 ,6 0 0 ; a c t u a l v a l u e a b o u t $40,000,000, P o p u l a 
t i o n i n 1 8 9 3 w a s 3 2 ,1 7 6 a n d is a t p r e s e n t e s t i m a t e d a t 38,0 00 .
C h a m p a i g n , 1 1 1 . — B o n d s U n s o ld .— F i v e p e r c e n t s e w e r
b o n d s o f t h i s c i t y t o t h e a m o u n t o f $ 10,00 0 w e r e r e c e n t l y
o f f e r e d f o r s a l e , b u t n o b id s w e r e r e c e i v e d . T h e l o a n m a t u r e s
i n 19 0 6 , w i t h o p t io n o f c a l l a f t e r 1 9 0 1 .
C h a t t a n o o g a , T e n ii.— B on d s A u th o r iz e d — S t r e e t- p a v in g
b o n d s o f t h i s c i t y t o t h e a m o u n t o f $37,0 0 0 h a v e b e e n a u t h o r 
i z e d , a n d i t is r e p o r t e d t h a t t h e y w i l C a l l b e t a k e n b y t h e s i n k 
in g fu n d .
T h e s e c u r itie s w i ll b e a r in t e r e s t a t th e r a th o f 6
p e r c e n t a n d w i l l b e is s u e d i n d e n o m i n a t i o n s o f $ 1,0 0 0 e a c h .
D a n s v i l l e , N . Y . — B o n d S a le. — W a t e r - w o r k s b o n d s o f t h i s
p l a c e t o t h e a m o u n t o f $60,000 h a v e b e e n a w a r d e d t o t h e
C it y B a n k o f B u ffa lo a t a p re m iu m o f 3 p e r c e n t.
The bonds
w ill b e a r in te r e s t a t th e r a te o f
P e r c e n t, a n d th e p r in c ip a l
w i l l m a t u r e in 1 9 2 1, w i t h o p tio n o f c a ll a f t e r 19 0 1.
D e f i a n c e , O h i o . — B o n d S a le .— I t i s
h a s s o l d $40,000 o f 5 p e r c e n t s t r e e t
p a r a n d a c c r u e d in te r e s t.

r e p o r te d t h a t th is c it y
im p r o v e m e n t b o n d s a t

E l m w o o d P l a c e , O h i o . — B o r e d O ffe r in g . — P r o p o s a l s w i l l b e
r e c e i v e d u n t i l O c t o b e r 2 1 , 1 8 9 6 , f o r t h e p u r c h a s e o f $5,0 00 o f
r e fu n d in g b o n d s.
T h e s e c u r itie s w i ll b e a r in te r e s t a t th e
r a te o f 6 p e r c e n t a n d th e p r in c ip a l w i ll m a t u r e in f r o m n in e
to te n y e a rs .
H a r r i s b u r g S c h o o l l ) i s t . , P a . — B o n d S a le .— D . D . H a m m e l b a u g h , S e c r e t a r y , r e p o r t s t h a t $ 25,0 0 0 o f b o n d s o f t h e d i s 
t r i c t h a v e b e e n s o l d a t p r i c e s r a n g i n g f r o m p a r t o 10 1-5 0 .
T h e s e c u r itie s w i l l b e a r in te r e s t a t t h e r a t e o f 4 p e r c e n t a n d
m a t u r e in 19 16 . T w e n t y - t h r e e b id s w e r e r e c e iv e d f o r t h e lo a n .
L i t t l e t o n n , P a . — B o n d E le c ti o n . — O n N o v e m b e r 3, 18 9 6 ,
th e v o t e r s o f th is p la c e w i ll d e c id e th e q u e s tio n o f is s u in g
b o n d s t o t h e a m o u n t o f $ 15 ,0 0 0 ,
M a r i e t t a , O h i o — B o n d O ffer in g — P r o p o s a l s w i l l b e r e c e i v e d
u n t i l O c t . 5 , 1 8 9 6 , f o r t h e p u r c h a s e o f $ 15,0 0 0 o f 5 p e r c e n t
te n to t w e n t y y e a r p a v in g b o n d s o f M a r ie tta .
M e r e d o s ia

Levee and

D r a in a g e

D i s t r i c t , A l b a n y , 1 1 1 .—

B o n d N e w s.— G . H . T o d d , S e c r e t a r y o f t h e B o a r d o f C o m m i s 
s i o n e r s , r e p o r t s t h a t t h e $ 2 8 ,4 0 5 o f 6 p e r c e n t d r a i n a g e b o n d s
of
th is
d is tr ic t w h ic h w e r e
o ffe re d o n S e p te m b e r 2 1,
18 9 6 , h a v e b e e n w i t h d r a w n f r o m t h e m a r k e t u n t i l a f t e r th e
e le c tio n .
I n te r e s t o n th e b o n d s w ill b e p a y a b le a n n u a lly on

b e r 1 , 190 0 , i n c l u s i v e .

N o r f o l k , Y a . — B o n d O ffe r in g . — T h e c i t y o f N o r f o l k h a s
c h a n g e d th e in te r e s t r a t e fr o m 4 to 5 p e r c e n t o n its 3 0 -y e a r
b o n d s t o t h e a m o u n t o f $ 29 ,5 0 0 , w h i c h w i l l b e o f f e r e d f o r s a l e
o n O c t o b e r 6 , 18 9 6 . P r o p o s a l s w i l l b e r e c e i v e d b y t h e C i t y
T r e a s u r e r . T h e s e c u r i t i e s w i l l b e o f t h e d e n o m i n a t i o n o f $500
e a c h . I n te r e s t w ill be p a y a b le s e m i- a n n u a lly o n M ir c h 1 a n d
S e p te m b e r 1 a n d th e p r in c ip a l w ill m a t u r e S e p t . 1 , 1926.
N e w b e r g , O r e g o n — B o n d s U n s o ld — C i t y R e c o r d e r J . G .
H a d l e y r e p o r t s t h a t t h e $ 15,0 0 0 o f g r a v i t y s y s t e m w a t e r b o n d s
o f N e w b e r g h a v e n o t y e t b e e n d is p o s e d o f ; a n d t h e y a r e s t ill
u p o n th e m a rk e t.
T h e lo a n is to r u n f o r t w e n t y y e a r s a n d
in te r e s t w i ll be p a y a b le s e m i- a n n u a lly .
T h e p la c e h a s n o i n 
d e b te d n e s s e x c e p t s u c h a s w i ll be p a id o ff fr o m th e p r o c e e d s
o f th e b o n d is s u e .
T h e p o p u l a t i o n is a b o u t 1 ,1 0 0 .
P i c k a w a y C o u n t y , O h i o . — B o n d O ffe r in g .— P r o p o s a l s w i l l
b e r e c e i v e d u n t i l O c t o b e r 5 , 18 9 0 , b y t n e C o u n t y A u d i t o r f o r
t h e p u r c h a s e o f $ 10 ,0 0 0 o f b r i d g e b o n d s .
T h e lo a n w i l l b e a r
in te r e s t a t th e r a te o f 6 p e r c e n t a n d th e p r in c ip a l w i ll m a 
t u r e S e p t e m b e r 1 , 189 8 .
P o r t H u r o n , M i c h . — B o n d E l e c t i o n . — T h e p e o p le o f P o r t
H u r o n w i l l h o ld a n e l e c t i o n t o v o t e o n t h e q u e s t i o n o f i s s u i n g
$2,00 0 o f 6 p e r c e n t o n e t o t h r e e y e a r b o n d s .
P r o s p e c t P a r k , P a . — B o n d O ffe r in g . — P r o p o s a l s w i l l b e
r e c e i v e d u n t i l 6 o ’ c l o c k P . M ., O c t o b e r 5 , 1 8 9 6 , b y I s a a c J .
W in d le , C h a ir m a n o f th e C o m m itte e o n F in a n c e , P r o s p e c t
P a r k , M o o r e P . O . , P a . , f o r t h e p u r c h a s e o f $ 1 1,0 0 0 o f 4 p e r
ce n t bon ds o f th e b o ro u gh .
T h e b o n d s w i l l b e is s u e d i n d e 
n o m i n a t i o n s o f $100 e a c h , i n t e r e s t w i l l b e p a y a b l e s e m i 
a n n u a l l y , a n d t h e p r i n c i p a l w i l l m a t u r e O c t o b e r 1 , 19 2 6 , w i t h
o p t i o n o f c a l l a f t e r 19 0 6 .
B o t h p r in c ip a l a n d in te r e s t w ill b e
p a y a b le in g o ld o r its e q u iv a le n t .
S a l t L a k e C o u n t y , U t a h . — B o n d s U n s o ld . — T h e $350,00 0 o f
5 p e r c e n t fu n d in g b o n d s o f S a lt L a k e C o u n ty h a v e n o t b e e n
a w a r d e d a s n o s a t i s f a c t o r y p r o p o s a ls w e r e r e c e i v e d o n S e p 
t e m b e r 1 4 , 18 9 6 , w h e n t h e l o a n w a s o f f e r e d f o r s a l e . T h e
b o n d s w i l l b e is s u e d i n d e n o m i n a t i o n s o f $ 1 ,0 0 0 e a c h , i n t e r e s t
w i ll b e p a y a b le s e m i- a n n u a lly a t th e o ffic e o f th e C o u n ty
T re a s u re r, a n d th e p r in c ip a l w ill m a tu r e in t w e n ty y e a r s fr o m
d a te o f is s u e , w i t h o p tio n o f c a ll a f t e r te n y e a r s .
S c h u y l k i l l C o u n t y , P a . — B o n d S a l e — I t is r e p o r te d
S c h u y l k i l l C o u n t y h a s s o ld $70,000 b o n d s a t 1 0 3 .

th a t

S p r i n g f i e l d , O h io .— T em p o ra ry L o a n .— A fo u r - m o n th s t e m 
p o r a r y l o a n t o t h e a m o u n t o f $ 2 ,3 9 0 h a s b e e n a u t h o r i z e d b y
th is c i t y to p a y th e c o s t o f im p r o v in g th e s tre e ts .
T a c o m a , W a s h . — B o n d s A u t h o r iz e d . — I t i s r e p o r t e d t h a t 5
p e r c e n t b o n d s o f t h i s c i t y t o t h e a m o u n t o f $ 1,2 0 0 ,0 0 0 a r e t o
b e is s u e d f o r t h e p u r p o s e o f r e d e e m i n g t h e f l o a t i n g i n d e b t e d 
n ess.
W h i t e P l a i n s S c h o o l D i s t r i c t N o . 1 , N . Y .— B o n d s A u 
th o r iz e d . — B o n d s o f t h i s d i s t r i c t t o t h e a m o u n t o f $ 6 ,7 5 0 w i l l
b e is s u e d .
W o o s t e r , O h i o . — O n S e p t . 1 8 t h e c i t y o f W o o s t e r s o ld $ 1 4 ,000 o f 5 p e r c e n t 1 5 - y e a r b o n d s t o M e s s r s . S e a s o n g o o d &
M a y e r a t p a r a n d a c c r u e d in te r e s t.

STATE

A N D C IT Y

W e s u b jo in re p o r ts a s
th e la s t p u b lic a t io n

of

to

DEBT

m u n ic ip a l

CH AN GES.

d e b ts r e c e iv e d

s in c e

S t a t e a n d Ci t y S u p p l e m e n t .

our

S o m e o f th e s e re p o r ts a r e w h o lly n e w a n d o th e rs
o f in fo r m a t io n a d d it io n a l to th o s e g iv e n

in

c o v e r ite m s

t h e Su p p l e m e n t

a n d o f in te r e s t t o in v e s to r s .
B o s to n ,

M a s s . — J o s ia h

Qu i n c y , M a y o r .

s ta te m e n t h a s b een co rr e c te d

to

The

fo llo w in g

A u g . 1 , 18 9 6 , b y m e a n s o f a

s p e c i a l r e p o r t t o t h e C h r o n ic l e f r o m

A lfr e d T . T u rn e r, C ity

T reasu rer.
T h e C o u n t y o f S u f f o lk , in w h ic h B o s to n is s it u a t e d , c o n t a in s
a ls o th e c i t y
th r o p .
a ll

th e

of

C h e ls e a

and

th e to w n s o f R e v e r e a n d W in -

B o s to n , h o w e v e r , r e c e iv e s a ll th e c o u n t y in c o m e , p a y s
co u n ty

e x p e n s e s , o w n s th e c o u n t y b u ild in g s , a n d is

r e s p o n s ib le f o r th e c o u n t y d e b t, w h ic h a m o u n te d o n J u l y

31,

October 3, 13V6.J
1396, to $3,665,000.

THE CHRONICLE,

The details of this county debt are
included in the following financial report for this city .

613

Aug. 1 ,1 8 9 6 .
C it y d e b t p r o p e r ......................$4o,220 ,800
C o o h itu a te w a t e r d e b t .......... 1 8 ,2 6 1 ,2 7 4
C o u n ty d e b t ..............................
3,665,0 00

Feb. 1 ,1 8 9 6 .
$ 4 3 ,73 9 ,5 0 0
1 8 ,2 6 1 ,2 7 4
3,665,0 00

Feb. 1 ,1 8 9 5

$ 3 7 ,8 9 0 ,6 9 1
1 7 ,7 6 1 ,2 7 4
3,682,000
LO AN S—
When Due.
LO AN S—
When Due.
S e w e r a g e B o n d s — (Co n t.)—
B r id g e B o n d s—
T o t a l b o n d ed d e b t .......... $ 6 7 ,14 7 ,0 7 4
$ 6 5 ,6 6 5 ,7 7 4
$ 5 9 ,3 3 3 ,9 6 5
4s, A A O , $ 1 6 0 ,O O O ...O ct. 1 , 1 9 1 1 4 s, A A O , $ 3 1 7 ,0 0 0 __ A p r. 1 , 190 2
S in k in g fu n d s , A c ................. 2 4 ,19 0 ,6 9 6
2 4 ,3 2 4 ,5 6 7
2 2 ,2 0 1 ,5 4 1
4 s, J A J ,
9 0 ,0 0 0 ... J a n . 1 , 1 9 1 2
4 s, A A O , 6 2 7 , 5 0 0 . ...O et. 1 ,1 9 0 2
3 % a ,A A O , 250,000 . O ct. 1 , 1 9 1 7
4s, A A O ,
2 2 ,5 0 0 .... J a u . 1 , 190 3
N e t d e b t................................ $ 4 2 ,9 5 6 ,3 78
$ 4 1 ,3 4 1 ,2 0 7 $ 3 7 ,1 3 1 ,4 2 4
G e n e r a l T en Y e a r L o a n —
4 s, A A O , 5 0 0 ,0 0 0 .... A p r. 1 , 190 3
4a, J A J , $ 1 ,1 8 5 ,0 0 0 ...J a n . 1 ,1 3 9 9 4e, A A O , 2 5 1 .0 0 0 . ...O ct. 1 , 1903
T h e fo llo w in g ta b le s h o w s th e a m o u n t o f th e g ro ss fu n d e d d e b t,
4 s, J A J , 5 0 0 ,0 0 0 .... J a n . 1 , 190 4
H ig h w a y s —
4 s ,J ± D , $ 50 ,0 0 0 __ J a n e 1 ,1 9 0 1 4 s. J A J ,
9 7 ,0 0 0 ... .J u l y 1 , 190 4 s in k in g fu n d s a n d th e n e t d e b t on F e b . 1 , fo r th e la s t s ix te e n y e a r s :
FeOTV.
Gross Debt.
Sinking Funds.
Net Debt.
2 5 . 8 0 0 . . . A p r. 1, 190 2 4 s, J A J ,
5 0 ,0 0 0 ....O c t. 1, 190 4
4 s. A A O ,
$ 2 4 ,3 2 4 ,56 6 93
$ 4 1 ,3 4 1,2 0 6 7 1
3 1 .0 0 0 . . . . J u ly 1 , 1 9 1 2 4s, J A J ,
5 0 ,0 0 0 ....J a n . 1 , 19 0 5 1 8 9 6 ...........................$ 6 5 ,6 6 5 ,7 7 4 64
4 s, J A J .
2 1 ,6 0 4 ,1 5 3 72
3 7 ,7 3 3 ,8 1 1 2 1
O,,
5 1 ,5 0 0 .. .. O c t. 1 , 190 6 1 8 9 5 ......................... 5 9 ,3 3 7 ,9 6 4 93
4 s , A A O , 2 4 3 ,2 0 0 __ O c t. 1 . 1 9 1 2 | 4 s, AAAAO
1 3 9 4 ......................... 5 4 ,4 1 8 .5 3 5 00
2 0 ,4 8 2 ,2 9 7 00
33 ,9 3 6 ,2 3 8 00
1 5 0 .0 0 0 . . . . J a n . 1 , 1 9 1 3
A A O , 4 2 1 ,0 0 0 .... O ct. 1 , 1 9 1 1
4 s, J A J ,
1 8 9 3 ......................... 5 6 .9 0 8 ,14 8 00
2 5 .4 7 7 ,6 8 2 00
3 1,4 3 0 .4 6 6 00
350 .0 0 0
_J u ly 1 , 1 9 1 3 4 s, J A J .
250 ,0 0 0 __ J a n . 1 , 1 9 1 2
4 s, J A J .
1
8
9
2
...............................
5
6
.0
0
3
,9
9
7
00
2
5
,4
S
3
,7
3
7
00
3 0 ,5 20 ,26 0 00
50,000 . . . J u l y 1 . 1 9 1 4
4 s , A A O . 1 5 0 .0 0 0 . . . .O ct. 1, 1 9 1 3 4 s, J A J .
1 3 9 1 ............................... 5 5 ,8 6 1,9 8 0 00 2 4 ,1 3 9 ,9 9 5 00
3 1 ,7 2 1 ,9 8 5 00
4e. A A O ,
6 7 ,6 5 0 . . . A p r . 1 . 1 9 1 5
4 s, A A O . 50 0 .0 00 __A p r . 1 , 1 9 1 4
1
8
9
0
................................
53
,9
30
,0
9
5
22
2
2
,5
0
5
,5
9
8
7
2
3 1 ,4 2 4 ,4 9 6 50
J u ly l , 1 9 1 5 4 s ...........
3 5 ,0 0 0 .... J u ly 1, 1 9 1 6
4 s , J A J , 50 0 .0 00
2 1,8 2 0 ,6 4 6 70
28,099,828 5 5
1 5 0 .0 0 0 . . . . J u ly 1 , 1 9 1 6 3 ^ s , J A J , 1 0 0 ,0 0 0 .... J u ly 1. 190 5 1 8 8 9 ................................ 4 9 ,9 2 0 ,4 7 5 25
4 s, J A J ,
1
8
8
8
................................
48,9
9
3,8
0
3
4
5
2
1
,2
8
7
,2
5
4
76
2 7,70 6 ,54 8 69
_J u ly 1 . 1 9 1 6 3*28, J A J , 5 0 .0 0 0 .... J a n . 1 .1 9 0 6
70 0 .0 0 0
4 s ,.
1 9 ,9 4 6 ,8 1 0 94
2 6 ,8 5 3 ,1 5 1 78
3 tgs, A A O .3 5 9 ,0 0 0 .. . .O c t. 1. 190 6 1 3 8 7 ................................ 4 6 ,7 9 9 ,9 6 2 72
L ib r a r y B ondi
1
8
8
6
................................
4
3
,6
2
8
,3
2
2
04
18
,4
0
9
,4
33
5
1
25,2 18 ,8 8 8 53
3 9 0 ,0 0 0 .. .O c t. 1 , 18 9 6 3 ^ 8 , J A J .5 0 0 ,0 0 0 ----J u ly 1 , 1 9 1 9
4 s, A A O ,
1 8 8 5 ............................... 4 2 ,9 6 2 ,18 0 02
18 ,0 22,48 4 25
2 4 ,9 3 9 ,6 9 5 7 7
2 9 7 ,0 0 0 .. J u ly 1 , 1900 3 s . J A J , 30 9 .0 0 0 ---- J u ly 1 , 190 5
4 s, J A J .
1
8
8
4
................................
4
3
.1
8
5
,6
6
9
0
7
1
6
,4
7
6
,8
7
1
22
2 6 ,7 0 8 ,7 9 7 85
1900
1 4 ,0 0 0 .. .O c t.,
S t o n y B r o o k .A c ., I m i *. B o n d s —
4s, A A O ,
1 6 ,1 5 6 ,7 9 5 43
2 5 ,0 2 7 ,5 6 2 69
4 s , A A O , $ 5 0 0 .0 0 0 ... .O ct. 1. 1 9 1 7 1 3 8 3 ................................ 4 1 .1 3 4 ,3 5 8 12
1 8 9 ,0 0 0 ..
■ is, A A O .
1
8
8
2
................................
4
0
,0
7
9
,3
12
04
15
,6
3
3
,2
2
9
37
24 ,4 4 6 ,0 8 2 6 7
4 , 1 9 1 6 I 4s. A A O .
30,000. ...O c t . 1. 1 9 1 3
4 4 ,0 0 0 ..
4a, J A J .
1 8 8 1 ............................... 4 0 .9 4 9 ,3 3 2 18
1 4 ,5 1 1 ,8 4 9 1 9
2 6 ,4 3 7 ,4 8 2 9 9
1 ,1 9 2 2
1 7 5 ,0 0 0 ..
s t r e e t . E t c ., B o n d s 4 s, A A O ,
58 g , J A J , a 3 6 9 ,5 0 0 __ J u ly 1, 1899
2 0 0 ,0 0 0 ..
D E B T L I M I T A T I O N S .— S e e S t a t e a n d C i t y S u p p l e m e n t o f A p r i l
is , JA J,
4s, A A O . 3 3 5 ,0 0 0 ....O c t. 1 , 1 9 1 1
4ft, A A O , 3 2 5 , OO..
18 9 6 , p a g e s 2 1 a n d 22.
2 5 . 0 0 0 . . . O c t. 1 . 1 9 1 2
1 0 0 .0 0 0 ..
4s, A A O ,
4 s. A A O ,
N E W L O A N S A U T H O R I Z E D .- T h e fo llo w in g is a s u m m a ry o f
4 9 ,5 0 0 ..
4 s, A A O , 2 6 0 ,5 0 0 .... A p r . 1 . 1 9 1 3
4 s. A A O ,
50 .0 0 0
...................... Jan.lo 1.
a n 19
s a14
u th o r iz e d b u t n o t issu e d o n J u l y 3 1 , 1 8 9 6 :
4 s. A A O , 1 5 0 ,5 0 0 .. .O c t. 1 , 1 9 2 5 4 s , J A J ,
_J u ly 1. 1 9 1 4
3>»s J A J . 5 0 0 ,0 0 0 .. .J u ly 1 ,1 8 9 9 4 s, J A J , 10 0 .0 0 0
I n s id e
Outside
** M is c e l l a n e o u s • L o a n s —
_O c t. 1 . 1 9 1 4
4 s, A A O . 100 .0 0 0
Purpose o f Issue—
Debt Lim it.
Debt Limit.
18 9 6 4 s , A A O ,
5 0 .0 0 0 . . . O c t. 1 . 1 9 1 4 A d d itio n a l s u p p ly o f w a t e r ..........................................................
4 s, A A O , $ 4 0 9 ,5 0 0 . ..O c t .,
$1,30 0 ,0 00
5 7 4 ,0 0 0 . .J a n . 1 ,1 9 0 0 4 s ............ 30 0 .0 0 0
_J u ly 1 . 19 3 6
4 s, J A J ,
C h a r le s to w n B r id g e ................................................... $700,000
0 7 0 ,0 0 0 .
55.0 0 0 . . . O c t 1 , 1896 L a y in g o u t a n d c o n s tr u c tio n o f h ig h w a y s .............................
4ft, A A O ,
3 s, A A O .
150 ,0 0 0
W a t e r I>e i *t —
MSOjOOO.
4 s, J A J ,
R a p id t r a n a i t .......................................................................................
5.200.000
C o c h itu a te W a t e r i s . A A O . 1 ,5 9 9 ,7 2 5 . .A p r . 1 , 1 9 1 2
B lu e H ill a n d o t t e r a v e n u e s ........................................................
1 . 2 0 0 .0 0 0
4.i. A A O , 1 ,1 0 4 ,1 0 0 . .A p r . 1 , 1 9 1 3 On, J A J , $500 ,0 0 0 __ D e c. 1 2 ,1 8 97
•'Chool h o u s e s ................................................................
15 0 ,0 0 0
4a. A A O , 1 ,3 5 0 ,0 0 0 . .A p r . I , 1 9 1 3 6 s, J A J , 4 5 0 ,0 0 0 .... J ’ n e 16 ,18 9 8 S id e w a lk aa eeeem en ta, re p a y m e n t o f ...............
100,000
5 9 9 ,8 0 0 . .O c L 1 , 1 9 1 4
‘ 40,000__ O c t. 3 , 1898
4 s, A A O .
V a rio u s m u n ic ip a l p u rp o s e s , J u ly 3. 18 9 6 ,
3 0 7 ,0 0 0 . A p r . 1 , 1 9 1 5 j 0 s , _
50,000_A p r.2 7 ,1 6 9 9
A AC
4 s, A A O .
$ 0 9 3,5 0 0 :
*
401.500. O c t 1 , 1 9 1 3 I 6 *; J A J . 6 2 5 ,0 0 0 .. . .J a n . 1 ,1 9 0 1
4 s, A A O .
H o s p ita l d e p a r tm e n t, e le c tr ic lig h t p la n t
40.000
| 6 *. A A O , 6 8 8 ,0 0 0 _A p r. 1 , 19 0 1
4 s. JaJ 1 .1 1 5,20 0 .J a n . 1 , 1 9 1 6
C h a n e l an d p h y s ic ia n s ’ h o u s e . ./ .................
3,50 0
5 8 9 ,0 0 0 . .J u l y 1 , 1 9 1 6 j 6 s, J A J , 3 30 ,0 0 0 _J u ly 1 , 190 1
4 ft.......
Pu blic p a r k s .........................................................
1 ,0 0 0 ,0 0 0
3 ,0 0 0 . A p r . 1 , 1 9 1 3
6 s, J A J , 10 0 ,0 9 0 _J u ly 1 , 190 2
4ft,.........
N e w fe r r y l a n d i n g .................................................
500,000
10,0 00 . .O c t. I , 19 3 4 ; 6 s, A A O , 90 5.0 0 0 _A p r. 1 . 190 3
4ft, A A O ,
S o u th U n io n S t a t i o n ........................................
2 , 0 0 0 ,0 0 0
8 ,0 0 0 .... J a n . 1 . 190 4
4 s. A A O ,
1 0.0 00 . - O c t 1 , 19 3 5 6 s , J A J .
65,000
P u b lic b a th b o u s e ..............................................
0 *. A A O ,
38 ,0 00 _A p r. 1 . 190 4
3 0 ,0 0 0 . J u ly 1 . 19 3 0
4ft,..........
300,000
S c h o o l b u ild in g im p r o v e m e n ts ....................
3 Hi., J A J , 5 0 0 ,0 0 0 . J u ly 1 . 18}K) i 6 s . J A J , 1 6 1 ,0 0 0 _J a n . 1 , 190 5
S tr e e t Im p ro v e m e n t* ..............................................
650,000
3*W*.AAO ,1 ,0 3 7 ,0 0 0 . .O ct. 1 , 18 9 9 j 6 s . A A O , 1 4 2 , 7 0 0 . ...A p r. 1 , 190 5
500,000
S to n y B r o o k im p r o v e m e n t s .......................
6 s, J A J ,
44,0 00 ---J u ly 1 , 19 0 5
I’ a KK
0 .0 0 0 __ O c t 1 , 190 5
i * . A A O . » 2 0 0 ,0 0 0 .O c t, 1 , 19 0 0 ! 6 s . A A O .
T o ta ls ......................................................................... $ 1,9 0 8 ,50 0
$ 11,8 5 0 ,0 0 0
.J
a
n
.
3 4 3 ,0 0 0
1, 1 9 1 3 6 *. J A J .
8 2 ,5 5 0 ... J a n . 1 , 1900
4s. JA J ,
BORROWING P O W E R .— T h e c i t y ’s b o r r o w in g p o w e r J u ly 3 1 ,
9 1 3 ,0 0 0 ..
4ft. A A O
1 , 1 9 1 3 6 *, A A O .
8 ,7 5 0 . . . A p r .,
1900
5 0 0 ,0 0 0
1 9 1 4 1 6 «f A A O .
4,000 . . . O c t .
1900
18 9 6 , Is s h o w n In th e fo llo w in g s ta te m e n t:
4s, J A J.
7 5 .0 0 0
A p r. 1 . 1 9 1 4 0 s , J A J ,
8.000 .. . J a n . ,
19 0 7 T o ta l d e b t, c i t y an d c o u n t y .......................................................... $ 6 7 ,14 7 ,0 7 4 00
i« . A A O ,
O c t. 1. 1 9 1 4 6 s , A A O ,
5 0 0 ,0 0 0
5 .0 0 0 _A p r .,
19 0 7
4ft. A A O .
L e s s s p e c ia l lo a n s (o u tsid e o f lim it).......$17,4 0 0 ,0 0 0 00
19 0 7
1.0 0 0 ---J u ly ,
i s , J A J , 1 ,0 0 0 .0 0 0 . .J a n . 1 . 19 2 5 6 s . J A J .
d o c o u n t y lo a n s (o u tsid e o f lim it ) ...... 2 ,9 21,0 0 0 00
3 V». A A O ,
2 0 ,0 0 0 . . . A p r . 1 , 1 9 1 6
5 c A A O , £ 3 9 9 ,5 0 0 . . . . O ct. 1 . 190 2
do C o c h itu a te w a te r d e b t......................... 1 8 ,2 6 1 ,2 7 3 98
3 4 s, A AO ,
5 5 ,0 0 0 ... O e t. 1 , 1 9 1 6 5k', A A O , $552,0 0 0 . . . A p r. 1 , 1900
3 4 *. A A O ,
2 9 ,0 0 0 ... O c t 1 , 1 9 1 5 5k', A A O , l .0 0 0,00 0 .. . . O c t 1 , 190 5
T o t a l d e d u c tio n s ........................................................................ 3 8 ,5 8 2 ,2 7 4 00
P a r k C o n st r u c t io n —
5 g , A A O ,2,000,000
O c t 1 . 1900
$ 4 50 ,0 0 0..,. J a n . 1 ,1 9 1 8 5 s. A A O ,
1 ,0 0 0 .. ..O c t 1 ,1 9 0 7
is . JA J,
T o ta l d e b t le s s a b o v e d e d u c t io n s ..............................................$28,564,80 0 00
1916 5s, A A O .
1 2 ,0 0 0 .. ..A p r .,
1908
5 ,0 0 0 .. .A p r .,
in , A A O ,
S in k in g fu n d s ,le * s $ l 1 ,5 4 6 ,4 1 8 03 h e ld fo r lo a n s d e d u cte d
1 9 1 8 4 ***!?, A A O . 2 0 X 0 0 0
5,0 0 0 .. •J u ly ,
O c t 1. 1909
i* . JA J.
a s a b o v e ( w a te r lo a n s , e t c .) ....................................................... 12 ,0 79 ,8 6 8 00
1 9 1 8 4 s A A O . 5 8 8 ,0 0 0 ....A p r. 1 , 1908
4 0 ,0 0 0 .. .O c L ,
is . AAO,
4 8 0 ,5 0 0 .. .Jam . ! , 1 9 1 9 4 s . J A J .
8 2 ,0 0 0 ... .J u ly 1 , 190 9
i* . JA J.
N e t d e b t, e x c lu d in g d e b ts o u ts id e o f lim it.................... $ 16 ,4 8 4 ,9 3 2 00
1 9 1 9 4 s, A A O . 2 * 0 , 0 0 0 __ A p r. 1 , 1 9 1 0
1 6 .0 0 0 .. .A p r .,
in . A A O .
1 9 1 9 4 s , A A O . 3 24 .0 0 0
_A p r. 1 . 1 9 1 2
3 ,5 0 0 .. .J u l y ,
», J A J ,
4 3 9 ,5 0 0 .. flTTT 1 .1 9 2 0 4 s, J A J , 1 1 1 .0 0 0 . . . . J u ly 1 . 1 9 1 3 T w o p e r c e n t o n $ 9 0 2 ,5 7 9 ,1 3 6 ( a v e r a g e v a lu a tio n fo r
ia .J A J
1920 4 s, A A O , 330 .0 0 0
_O c t. 1 , 1 9 1 3
liv e y e a r s , le s s a b a te m e n ts ).............................................................$ 1 8 ,0 5 1,5 8 2 7 2
16 ,4 0 0 .. .J u ly ,
is . JA J,
1920 4 s , J A J , 4 6 6 .0 0 0
_J a n . 1 , 1 9 1 4
N e t d e b t, a s a b o v e ................................................................................... 1 6 ,4 8 4 ,9 3 2 00
4 4 .10 0 .. .O c L ,
is . AAO,
1 8 .5 0 0 .. .. A p r. 1 , 1 9 1 4
50 0 ,0 0 0 .. .J a u . 1 . 1 9 2 1 4 s, A A O ,
is . JA J,
1 6 .0 0 0
_________ O c t.R ig
1 ,h1 t9 1to4 b o rro w J u ly 3 1 ,1 8 9 6 , u n d e r c h a p t e r 1 7 8 a c ts
500.000 . J a n 1 .1 9 3 7 4 s, A A O ,
3>ts, J A J
50.000 . . . J a n . 1 , 1 9 1 5
o f 18 8 5...................................................................................................... $ 1 ,5 6 6 ,6 5 0 00
P ar k L o a n o r M a y 2 0 , !■
4 s, J A J ,
4ii, J A D . $ 7 0 0 ,0 0 0 ... .J u n e 1. 1921 4 s, A A O , 1 4 5 .7 0 0 .. .. A p r . 1 . 1 9 1 5 R ig h t to b o rro w J u ly 3 1 ,1 8 9 6 , u n d e r c h a p t e r 9 3, a c ts o f
1 8 9 1 , e s tim a te d ....................................................................................
2 ,7 2 1 ,9 4 5 00
4 a. A A O , 2 0 0 ,0 0 0 . . . .A p r . :1 .1 9 2 2 4 s, A A O .
2 3.0 0 0 . ..O
‘ ct. 1 ,1 9 1 5
58.000. .. J a n . 1 , 1 9 1 6
4ft, A A O , 3 0 1 ,0 0 0 ... .O c L '1.1922 4 s , J A J ,
B o n d s to th e a m o u n t o f $ 1,9 0 8 ,50 0 in s id e o f th e d e b t Limit h a v e b e e n
4ft, J A J . 2 5 0 ,0 0 0 ... .J a n . 1 .1 9 2 3 4 s , A A O . 12 8 .5 0 0 . ..A p r . 1 , 1 9 1 0
4 *. J A J . 5 0 0 ,0 0 0 ... .J u ly 1 .1 9 2 3 4s, A A O . 28 6,30 0 . ..O c L 1 . 1 9 1 6 a u th o rize d , b u t a r e n o t y e t Issu e d.
ASSESSED V A L U A T I O N .— T h e c i t y ’s a s s e s s e d v a lu a tio n o f r e a l
1 ,0 0 0 .
.J a n ..
10 17
4 s , A A m , 4 5 0 ,0 0 0 ... .O c L :1 .1 9 2 3 4 s . J A J ,
1 9 1 7 e s ta te a n d p e rs o n a l p r o p e r ty an d t a x r a te , a t d iffe re n t p e rio d s , h a v e
9 9 ,0 0 0 ... .J a n . 1.1924 4 s . A A O . 1 0 1 ,0 0 0 . . .. A p r .,
is , JA J.
7 ,0 0 0 __ J u ly 1 1 9 1 7
i s . A V0 .1,0 1X 1,0 0 0 ... .O c L 1. 19 2 4 4 s , J A J .
O ct 1. 1 9 1 7 b e e n a s f o llo w s :
P u n , I n st ** a n d C i t y I L is k i T l — ! 4 s, A A O , 160 ,70 0 .
sRate o f Tax
Assessed Valuation .2 0 ,0 0 0 .
.J a n .,
1918
4 s. A A O , $ 1 3 6 ,5 0 0 ...O ct. 1 ,1 9 1 1 4 s, J A J ,
T otal.
R ea l.
Personal.
6,300.
A p r.,
1918
Tears—
4 s. J A J .
2 5 0 ,0 0 0 .. J u ly 1 ,1 9 1 2 4 s . A A O ,
4 s, A A O ,
4 2 ,0 0 0 . O ct. 1, 1912 4 s, A A O , 1 0 0 .0 0 0
.O c t. 1 , 19 18
$
$
$
$
12*90
7 7 0 ,2 6 1,7 0 0
2 10 ,9 9 0 ,7 2 6
9 8 1 ,2 5 2 ,4 2 6
.A p r . 1 , 19 1 9
4 * AAO,
1 5 ,0 0 0 ...A p r . 1 .1 9 1 5 4 *. A A O , 2 0 0 .0 0 0
L896. .........
20 6 ,6 18 ,9 0 9
9 5 1 ,3 6 2 ,5 1 9
12*80
.O c L 1 . 1 9 1 9
1 8 9 5 . .......... 7 4 4 .7 4 3 ,5 5 0
4s. A A O ,
4 0 0 ,0 0 0 .. O ct. 1 ,1 9 1 5 4«. A A O , 300,000
12*80
3*i l.o o o
20 4 ,36 3.70 6
9 28 ,0 9 2,4 56
O ct. 1 .1 9 2 0
P a r k L ands
1 8 9 4 . .......... 7 2 3 ,7 2 8 ,7 5 0
12*80
2 1 6 ,3 3 1 ,4 7 6
9 2 4 ,0 0 3 ,75 1
4 a, J A J ,3 10 0 ,0 0 0 ... J u ly 1 ,1 9 2 4 | 4 s, A A O , 1 0 0 ,0 0 0 ... A p r. 1 . 192 1
1 8 9 3 . . - . 7 0 7 ,7 6 2 ,2 7 5
12*90
8 93 ,0 75,70 0
213 ,6 9 5 ,8 0 0
1 8 9 2 . ............ 68 0 ,279 ,9 0 0
4 s , A A O , 1 0 0 , 0 0 0 . . . O c f. 1, 1 9 2 4 4ft, A A O , 16 2 ,50 4 )... O ct. 1, 1921
8 55,0 6 6 ,0 75
12*60
20 4,827,70 0
4 s, A A O , 50,000.
A p r . 1 ,1 9 2 5 4 s, J A J . 1 0 0 ,0 0 0 ... J a u . 1 , 1922 1 8 9 1 .
8 22,0 41,8 00
13*30
2 0 2 ,0 5 1 ,5 2 5
7 5 ,0 0 0 ... A p r. 1 , 19 2 2 1 8 9 0 . ............ 6 19 ,9 9 0 ,2 7 5
4 s, A A O , 20 8 ,0 0 0 .. . O ct. 1. 19 2 5 4ft, A A O ,
12*90
7 9 5 ,4 3 3 ,7 4 4
2 0 1,6 3 3 ,7 0 9
1 1.900 . J u ly 1 . 19 2 6 4ft, A A O , 283,4X8*. . . O i l . 1 , 192 2
4 s ...........
1 * * 9 . ............ 5 9 8 .7 9 9 .9 7 5
13*40
76
4
,4
5
2
,5
4
8
2
0
1,4
0
9
,2
7
3
4
0
0
,0
0
0
...
1
,
1
9
1
7
O
c
t.
1
,1
9
2
3
............
5
6
3
,0
1
3
,2
7
6
4ft. A A O , 5 7 6 ,2 7 5 . ..
188 8.
J u ir
3 W * J .
13*40
7 4 7 ,6 4 2 ,5 1 7
2 0 0 ,4 7 1,3 4 2
3*WVJA J . 6 0 0 ,0 0 0 ... J a n . 1 ,1 9 2 0 4ft, A A O , 0 4 4 ,2 2 5 ... O o t 1 , 19 2 4 1 8 8 7 . ............ 5 4 7 . 1 7 1 , 1 7 5
12*70
7
1
0
,6
2
1
,3
3
5
1
9
3
,1
18
.0
6
0
R a p id T r a n s it —
A
p
r.
1
,
1
9
1
5
............
5
1
7
,5
0
3
,2
7
5
3 4 * . A A O , 50,000 .
15*20
6 3 9 ,4 6 2 ,4 9 5
2 0 2 ,0 9 2 ,3 9 5
O c L 1 . 193 4 3 4 « , A A< >. 50,04ft> . O c t. 1 , 1 0 1 5
4 s, A A O . 8 50 ,0 0 0.
I 8 6 0 . ............ 4 3 7 ,3 7 0 ,1 0 0
1 5 30
584,089,400
2
13
,4
9
6
,3
0
0
............
3
6
5
,5
9
3
,10
0
A p r. 1 , 1 9 3 5 38»ft. J A J . 100,000
Ja n . 1, 1916
18 70 .
1916
3 4 * . J A J , 2 5 0 ,0 0 0 ... . J Mill. 1 ,1 9 3 0 3^ ft, J A J , 75 ,0 0 0 . J u ly ,
T h e t a x ra te to r 18 9 0 in c lu d e s th e S t a t e t a x $0-58 p e r $ 1,0 0 0 ; th e
500.000
A p r. 1 .1 9 3 0 3 4 * . A A O , 25.04 h> . . O c L .
1 9 10
3 ‘«>,
3 bps, A A O .2 75 .0 O 0 . . . A p r. 1 . 1 9 1 7 o o u n ty t a x , $0-84; th e c i t y t a x p ro p e r, $ 11*4 8 , in c lu d in g $2*32 fo r
S c h o o l H o u s e * a S i rr.«
4s, A A O , ? 500,000 . A p r. 1. 1 9 1 1 3 V i.J A J . 1 0 0 ,0 0 0 . . . J u ly 1 . 19 18 to lio o ls ; to ta l p e r $ 1 , 0 0 0 , $12*80.
is , A A O , 2541,000 . 4let. 1 . 1 9 1 4 3*4*.M A N ,l3 0 ,o o o . N o v.3 4 i.19 ia
P O P U L A T I O N . — S t a t e c e n s u s , 18 9 5, w a s 4 9 4,20 5. In 18 9 0 p o p u
350.000
J u ly 1, 1926 3***. A A O , 1 4 5 ,0 0 0 ... O ct. 1 , 1 9 1 9
4 s ,.........
a tio n w a s 4 4 8 ,4 7 7 ; In 18 9 0 it w a s 3 6 2 ,8 3 9 ; in 18 7 0 i t w a s 250 ,526 .
J A J .2 2 0 .O O O ... J a n . 1 . ’.920
4ft. J A J . .V >0,1ft ft 1 . .J u ly I. 193*>
S e w kr ftOE BoNfWft3 s. A A O , 2 0 0 ,0 0 0 . . . A p r. 1 , 1 9 1 7
New York C i t y . — W i l l i a m L . S t r o n g , M a y o r . — T h e f o l 
f>ct. 1 .1 8 9 7
S u f f o l k Co u n ty D e d t.
O s, A A O , $941 ,0 0 0
C o u r t H o u se B o n d * — 1
5 a , A A O . 1 4 5 .0 0 0 .. .O ct. 1 , 1 8 9 7
lo w in g s ta te m e n t o f th e in d e b te d n e s s , a s s ts s e d v a lu a tio n , e t c .,
3 2 ,0 0 0 .. ..A p r . t . 18 9 9 Ii 4 s. A .VO, $ 70 0 ,0 0 0 .. ..O c t . 1 , 1 9 1 8
5s, AAO .
106,000.. J u ly 1 ,1 9 2 2 o f t h e C i t y o f N e w Y o r k , h a s b e e n c o r r e c t e d t o S e p t e m b e r 1 ,
5s, AAO,
17 ,0 0 0 -. ..A p r . 1 . 190 0 1i 4 *. J A J .
1 8 ,0 0 0 .. -.O c L 1 , 190 0 |i 3i*ft. A A O , 800 ,0 0 0 .. .O c L 1 , 1 9 1 9
5s. A A O .
75,04)0.. .O c L 1 , 192 3 1898, b y m e a n s o f a s p e c i a l r e p o r t to t h e C h r o n i c l e f r o m t h e
4 s, A A O . 1 0 0 ,0 0 0 .. ..O c t . 1 , 18 9 7 1I 4ft, A A O ,
4 s, A A O . 1 0 0 ,0 0 0 .. ..O c L 1 , 1898 1 4ft, J A J .
4 0 ,0 0 0 .. .J u ly 1 , 19 2 4 o f f ic e o f t h e C i t y C o m p t r o l l e r .
)00_
,0 0 0 , 0 0 0 . ..J a n . 1 , 18 9 9 I 3*w», A A O , 900,01
»o.._ A p r . 1 , 19 3 7
T h e c o n s o lid a t io n o f N e w Y o r k C i t y a n d N e w Y o r k C o u n t y
,250,000.
A p r. 1 , 190 0 | 3%m. J A J .,1 0 0 , 0 0 0~ .. . . J u l y 1 ,1 9 3 8
2 4 ,0 0 0 .. . .J a n . 1 , 19 0 1 3 s , A A O , 663,0 0 0 . ..O c t . 1 ,1 8 9 6
4 s, J A J .
t o o k p l a c e in t h e y e a r 1 8 7 3 a n d t h e c i t y t h e n a s s u m e d t h e
4 s. A A O .
5 ,0 0 0 .. ..A p r . 1, 19 0 1 I ($ 17,0 0 0 d u c y e a rly ; to O c t. 1 ,1 9 3 5
1 0 , 0 0 0 .. ..O c t . 1 , 190 1
M i scsll AJfgOUS I k>NDft—
I
c o u n ty d e b t.
I n t h e f o l l o w i n g s t a t e m e n t lo a n s w h o l l y i n t h e
189 9
4ft, J A J ,
8 ,0 0 0 . , ..J a n . 1 , 190 2 1 4ft, J A J .
$6-4,000.. .. J a n . ,
s in k in g f u n d a r e d is tin g u is h e d b y s . f . p r e fix e d to th e a m o u n t
INTEREST on th e s te r lin g lo a n * l« p a id b y B a r in g B r o th e r s A Co.
o u ts ta n d in g .
L o a n s h a v i n g p a r a g r a p h m a r k ( IT ) a d d e d t o
L im ite d , In Lo n d o n ; on o th e r Issuen b y C it y T r e a s u r e r In B outon
T O T A L D E B T . —T h e su b jo in e d s ta te m e n t s h o w s B o s to n ’ s to ta l d eb t,
th e ite m s o f w h ic h It is m a d e u p , a n d th e s in k in g fu n d h eld b y th e c ity
a g a in s t th e sam e, on th e d a te s in d ic a te d .

title are e x e m
a , I), c , d and c

th e

p t fro m c ity a n d c o u n ty

ta x e s.

The letters
refer to

p r e fix e d t o th e a m o u n t o u ts ta n d in g

614

THE CHRONIC IX

t h e s f c u r i t y w h ic h t h e lo a n s h a v e b y r e a s o n o f s in k in g fu n d s ,
a s f u l l y e x p l a i n e d in t h e f o o t n o t e s t o t h e t a b l e .
LOANS—
/— I n t e r e s t z-— ------- P rincipal. ------------.
OutstaneVg.
NAME AND PURPOSERate. Payable.
When Due.
A r m o r y b o n d s ................... j] 3
M A N
A u g . 1 5 , 19 0 4
c$ 200 ,0 0 0
3
M A N
N o v. 1 , 190 7
do
do
© 341,700
O f th is $ 9 1 ,5 0 0 is in th e s in k in g fu n d
do
.IT 3
M A N
N o v . 1 , 19 0 9
©442,000
do
do
do
N o v . 1 , 1 9 0 7 © s .f . 2 6 4 , 5 3 1
.V 2 b & 3 M A N
M A N
do
do
N o v . 1 , 19 10 © s . f . 7 1 6 , 6 56
M A N
do
do
N ov. 1 , 19 10
s . f . 3 4 8 ,70 0
d o 1 8 9 5 ............ 3 g M A N
do
N o v. 1, 1 9 '4
f f . 2 70 ,5 0 0
M & N
N o v . 1 , 1 8 9 6 s . f . 2,050,000
A s s e s s m e n t b o n d s .............. 3
3
M A N
N ov 1 , 18 9 7
s .f . 1 8 ,3 5 3
do
do
do
3*2 M A N
N o v . 1 , 18 9 9
250,000
do
3
M AN
do
do
N ov. 1 , 1896
s.f.4 0 0 ,0 0 0
do
3
M A N
s .f. 8 7,50 0
N ov. 1, 18 9 7
do
3
M A N
do
do
N o v . 1 , 18 9 9
s . f 743,00 0
do
3
M A N
250,000
do
N o v . 1 , 18 9 9
do 1 8 9 5 .
1899
g . 250,000
do
. 3 g M A N
d o 18 9 5 .
190 1
g . 2 0 0 ,0 0 0
do
. 3
M A N~
do 1 8 9 5 .
1896
s .f . 10 5 ,8 87
do
M A N
18 9 9
s .f.2 0 0 ,0 0 0
do 1 8 9 5
. 3
do
M A N
do
do 1 8 9 5
. 3
19 0 0
s .f . 700,000
M A N
A s s e s s m e n t fu n d s t o c k . . . 7
N o v . 1 , 190 3
336 ,6 00
M A N
N o v . 1 , 19 0 3 s .f . 1 5 6 , 1 0 0
do
do
................. 6
do
do
................. 6
N ov. 1 , 19 10
9 00,450
M A N
O f th is $ 36 4 ,8 50 is in th e s in k in g fu n d .
s .f . 5 0 0
do
do
................ 5
M A N
N o v . 1 , 19 0 3
B r id g e B o n d s a n d C o n s o lid a te d S to c k
192 0
s .f.3 3 ,7 4 4
E a s t R iv e r B r id g e 1 8 9 5 . . 3
M A N
1917 g
« . 100,000
do
do
1 8 9 6 .. 3 ^ g M A N
N o v . 1 , 19 0 6
c s . f . 50,000
H a rle m R .B r . (co n so l, st.) 3
M A N
N ov. 1 , 190 7
© 1,250,00C
do (c. s.) 1 8 8 7 .. 3
M A N
do
$350,00 0 is in th e s’k ’g f ’d an d $900,000 is t a x fre e ,
do (con. st.).
3
M A N
N o v . 1 , 190 8
© 1,150,000
do
$800,000 is in th e s’k ’g f ’d a n d $850,000 is t a x free.
c s .f .1 6 ,6 5 0
il A N
1910
do
d o (con sol, st.)
© s .f.8 9 ,5 0 8
M A N
1911
do (co n so l. st.)
do
1912
c s . f . 60,078
M A N
do (co n so l, st.)
do
© s . f . 1 7 ,1 7 5
1913
M A N
do
d o .....................
c s f . 30,000
M A N
1914
d o .....................
do
M A N
N o v . 1 . 1 9 1 6 © s .f . 170 ,0 00
do
do ( 1 5 5 t h s t.).
M A N
N ov. 1 , 1 9 1 4
s. f . 4 5 ,5 9 0
d o (W a sh .B r.)
do
N ov. 1 ,1 9 1 5
s .f . 1 8 ,5 0 0
M A N
d o rW a sh .B r.)
do
s .f.3 6 5 ,0 0 0
M A N
N o v .1 , 1 9 1 6
do
d o (1 5 5 st.b r.)
N ov. 1, 19 16
M A N
d o (7 th a v .b r .)
s . f . 1 ,2 1 8
ao
M A N
N ov. 1, 1 9 1 4
s . f . 70,000
d o (3d a v . br.) 3
do
s . f.6 7 ,0 0 0
M A N
N ov. 1 , 19 15
d o (3d a v . br.)
do
s . f . 15,0 0 0
M A N
1915
do
1 8 9 6 ..
do
g.2 5 0 ,0 0 0
1 8 9 6 .. 3 h > g M A N
1916
do
do
s .f.1 0 ,0 0 0
19 2 0
d o ( 1 s t a v .b r .) 3 " M A N
do
c 178 ,3 0 0
N ov. 1 , 19 10
do (con. st.) l i  2 b M A N
do
N o v . 1 , 1 9 0 9 © s .f .3 8 5 ,1 0 0
d o (co n so l, st.) 2 b M A N
do
c
s
. 1 .1 4 ,5 0 0
IN
I
A
N
1
9
1
0
21*5
d
o
(co
n
so
l,
st.)
do
1916
© s . f 1 8 2 ,2 9 1
M A N
do (fo r la n d ).. 3
do
1
9
1
4
c
s
f 48,000
M
A
N
(sh
ip
c
a
n
a
l)
..
3
do
N ov. 1, 1914
M A N
« .f.2 6 7 .0 0 0
d o ..................... 3
do
N
o
v
.
1
,
1
9
1
5
s
.f.2
7 ,0 0 0
3
M
A
N
do
d o .....................
1915
8.1156,884
M A N
do 1 8 9 5 ........ 3
do
IN
I
A
N
1
9
1
6
8
X
7
7 .3 8 8
d o 1 8 9 5 ........ 3
do
192 0
£ .8 5 4 ,1 8 1
do 1 8 h5 . . .
do
3g M A N
1
9
2
0
s
.
1120,000
M A N
do
d o 1 8 9 5 ........ 3
N o v . 1 , 19 0 5
1,50 0 ,0 0 0
MA N
N Y . a n d B r o o k . B r id g e . 6
O f th is $ 1,2 5 2 ,0 0 0 is in th e s in k in g fu n d ,
do
do
5
Q—F
M a y 1 , 192 6
500,000
S u b je c t to c a ll o n o r a ft e r N o v . 1 ,1 8 9 6 .
do
do
'5
Q— F
M ay 1, 192 6
530,000
S u b je c t t o c a ll on o r a f t e r N o v . 1 , 19 0 0
do
co n s o l, s tk . 5
Q— F
M a y 1 , 192 6
© 921,900
S u b je c t to c a ll o n o r a f t e r N o v . 1 ,1 9 0 0
$ 4 2 1,9 0 0 b e in g in th e s in k in g fu n d .
19 0 3 -19 2 8 c s .f.3 0 0 ,0 0 0
do
5M A N
19 0 3 -19 2 8 c s . f . 450,000
do
4M A N
1 9 0 5 -1 9 2 8 c s . f . 4 16 ,6 6 6
do
4M A N
N o v . 1 . 1 9 2 2 c s .f.3 3 0 ,0 0 0
do
(co n s, s tk .) 3
M A N
192 3
© s .f 100,000
do
3M A N
192 5
s . f . 1 15 ,0 0 0
do
3M A N
do
r * 1 6 .. 3
M A N
1926
30 ,0 0 0
Q
—
F
J
u
l
y
1
,
18
9
8
a 2 7 5 ,0 0 0
C e n t r a l P a r k fu n d s t o c k . . . 6
.. 0
Q— F
J u ly 1 , 18 9 8
a 3 9 9 ,3 0 0
do
do
O f th is $ 4 1 ,5 0 0 is in s in k in g fu n d .
C e n . P a r k im p . f ’d s t o c k .. . 3
M A N
N o v . 1 , 1 9 0 7 s .f.6 2 ,0 0 0
C it y im p r o v e m e n t s to c k
ao
(co n so l, sto ck ,) g . 6 g. M A N
N o v. 1 , 18 9 6
820,000
do
do
... 5
M A N
M ay 1, 192 6
242,8 0 3
S u b je c t to c a ll on a n d a ft e r N o v . 1 ,1 8 9 6 .
$4,80 3 b e in g in th e s in k in g fu n d .
—
19 0 0
( a llin s in k . fu n d~). 5...............
& G M & "N
-------s .f.1 3 ,6 1 6
do
do 18 9 5 . 3 a M & N
1 1991 166
g .7 7 8 ,7 7 2
do
do 18 9 6 . 3
M & N
19 0 7
s .f.2 6 ,0 0 0
do
G lt y P a r k s I m p r o v e m e n t F u n d S t o c k I s s u e o f 1 8 7 2 ....................... 7
M & N
D ec. 2 3, 1 9 0 1
200,000
d o 1 8 7 2 - 7 3 ............... 7
M & N
S e p t, 3, 1 9 0 2
465,000
do 1 8 7 3 ...................... 7
M & N
J u ly 1 , 19 0 3
446,000
d o 1 8 7 1 - 7 2 ............... 6
M & N
D e c. 2 3 , 1 9 0 1
1,6 38 ,0 0 0
O f th is $ 1 ,3 7 1 ,5 0 0 is in t h e s m itin g fu n d ,
d o (co n so l, s t o c k ) .. 6 g
J & J
Ja n . 1 , 190 2
862,000
d o (p a rt co n s o l.)— 6
M & N
S e p t. 3, 19 0 2 s .f.6 8 5 ,0 0 0
do 1 8 7 3 - 7 4 ............... 6
M & N
J u ly 1 , 19 0 3
804,000
O f t h is $70 4,0 0 0 is in th e s in k in g fu n d .
d o 1 8 7 5 - 7 6 ............... 6
M & N
J u ly 1 , 1 9 0 4
225,00 0
O f th is $ 12 5 ,0 0 0 is in th e s in k in g fu n d .
M & N
J u ly 1 , 1 9 0 4 s .f.3 3 6 ,0 0 0
d o 1 8 7 7 -8 0 ................. 5
C o n s o lid a te d S to c k — C it y
J & D
D ee. 1 , 1 8 9 6
6 ,3 2 4 ,70 0
d o “ B . a n d C.” ................. 7
N o v. 1 , 18 9 6
1,5 6 4 ,0 0 0
do g o ld ............................... 6 g M & N
J u ly 1 , 1 9 0 1
4 ,2 5 2 ,5 0 0
do g o ld ............................... 6 g J & J
M
a
y
1
,
1
9
2
6
1 5 ,0 0 0
d o “ D .” ............................... 6
”M &” ”N
S u b je c t to c a ll o n a n d a ft e r J u ly 1 ,1 8 9 6 .
$ 5 2 5 b e in g in th e s in k in g fu n d .
....
6 M & N
M ay 1,
1916
1 2 1 ,8 2 5
t o “ E .”
S u b je c t to c a ll on a n d a f t e r N o v . 1 ,1 8 9 6
$ 1 ,8 2 4 b e in g in th e s in k in g fu n d .
....
5 M & N
M ay 1, 19 16
300,000
do “ F .”
S u b je c t to c a ll o n a n d a f t e r N o v . 1 ,1 8 9 6 .
....
5 M & N
N ov. 1, 1897
200,000
do “ G .”
O f th is $ 16 9 ,0 0 0 is in th e s in k in g fu n d .
.... 5 g M & N
N ov. 1,
19 2 8 l>6,900,000
do N o . 2, g o ld .
S u b je c t to c a ll o n a n d a ft e r N o v . 1 ,1 9 0 8 .
N o v . 1 , 1 8 9 9 c s .f.6 8 9 ,7 3 5
d o “ L a n d M ” ...................4 & 5 M & N
N o v . 1 , 1 9 1 0 b 2 ,800,000
M & N
d o N o . 2 , ...........................II 4
D e c. 1 , 1 8 9 6 ,
1,6 80 ,20 0
J & D
C o u n ty “ A ” a n d “ B ” ........ 7
J u ly 1 , 1 9 0 1
8,88 5,50 0
do
g o ld .......................... 6 g J & J
N o v . 1 , 1 9 0 7 s . f . 32,50 0
M & N
D e p r e s s io n R R . t r a c k s .. 3
N ov. 1 , 1 9 1 2
142.0 0 0
M & N
In ap t. C a s t le G a r d e n ........ 3
N ov. 1, 1 9 1 2
s . 1788,000
M & N
do
do
1
9
1
2
g
.7 0 ,0 0 0
d
o
1
8
9
5
.
3
g
M
&
N
do
N o v . 1 . 1 9 2 9 e 9 ,806.500
-IT- 2PJ M & N
N e w p a r k s , e tc ,,.
S u b je c t to c a ll o n o r a f t e r N o v . 1, 19 0 9 .
$44 9 ,50 0 b e in g in th e s in k in g fu n d .

[Vor. LXIII.

LO AN S—
-— Interest .— . ---------- Principal, ----------- .
NAME AND PURPOSE.
P. Ct. Payable. When Due. Outstand’g .
N e w p a rk s , e tc .— (('o n .). 2 ^ M & N N o v . 1 , 1 9 0 0 t o ’ 29 * .r .$ l,6 0 o ’
do
do
.1 8 9 5 3
M & N
1 9 0 9 -19 2 9
>•.1.2,000
R e p a v i n g .............................11 3
M & N
N o v . 1 , 1 9 0 9 c s .f .1 0 5 ,0 0 0
do
................................H 3
M & N
N ov. 1 , 19 10
c l , 000,000
do
................................. 3
M & N
N o v . 1 , 1 9 1 1 c s.f.10 0 0 0 0 0
do
................................. 3
M & N
N o v . 1 , 1 9 1 3 c s .f ,1 5 0 0 0 0 0
do
...............................H 3
M & N
N ov. 1, 1 9 1 3
c5 0 0 000
do
................................. 3
M & N
N ov.
1 , 1 9 1 6 500,000
do
.................................. 3
M & N N o v . l , 1 9 0 5 t o ’2 3 s .f .1 5 3 ,8 0 8
do
........................ 1 8 9 5 3
M & N
1912
s .f.4 5 ,0 0 0
do
........................ 1 8 9 5 3 g
M & N
192 0
g .9 3 5 ,0 0 0
do
........................ 1 8 9 5 3
M & N
192 0
s .f.5 ,0 0 0
do
........................ 18 9 6 S ^ g M & N
1915
g .4 7 5 ,0 0 0
do
........................1 8 9 6 3
M & N
192 3
s .f.3 ,5 0 0
do
........................ 1 8 9 6 3
M & N
192 0
s .f .6 ,0 0 0
do
.............................
2^2 M & N
N o v . 1 , 19 0 9 c.s.f.8 9 5 ,0 0 0 A m .M u s e u m N a t. H i s f y ^ i s & S M & N
N o v . 1 , 1 9 1 5 c .s .f.8 0 0 ,000
do
do
.. 3
M & N
192 0
c s f . 65,00 0
do
do
..3
M & N
N ov. 1 , 192 0
s .f.2 5 5 .1 0 3
do
do 1 8 9 5 3
M & N
192 0
» .1.42,0 00
do
do 18 9 5 3 g
M & N
192 0
g .4 7 5 ,0 0 0
do
do 18 9 6 3
M & N
192 0
s f.7 ,0 0 0
C h a n g e o f g ra d e — 1896 3 ig g M & N
1910
g.3 0 0 ,0 0 0
C o r le a r s H o o k P a r k ,1 8 9 5 3 g M & N
1914
jr.1 2 4 ,5 0 0
do
do
18 9 5 3
M & N
1912
s .f.1 ,0 0 0
do
do
1896 3
M & N
1913
s.f.3 0 ,0 0 0
C o lle g e o f N .Y .C it y , 1 8 9 5 3 g
M & N
1914
s .f.4 7 ,0 0 0
do
do
1896 3 ig g M & N
1914
g .4 5 ,6 5 0
E a s t R iv e r P a r k ................ 3
M & N
N ov. 1 , 190 7
s .f .7 ,0 0 0
do
.............. 3
M & N
N ov. 1, 1 9 1 1 s .f.5 7 7 ,1 1 8
do
.............. 2*2 M & N
N ov. 1 , 190 7
s .f .3 ,5 0 0
do
.............. 3
M & N
N ov. 1, 1 9 1 1
s .f .3 5 000
do
.. .1 8 9 5 3
M & N
1911
s .f.1 0 ,0 0 0
F ir e D e p a r t m e n t ... 1 8 9 5
3g M & N
19 14 -19 15
g . 1 0 8 ,0 1 5
do
do
.. . 1 8 9 5 3 g M & N
19 14 -19 15
s . f 150 ,0 0 0
do
do
. . . 1 8 9 5 3 g ..............
....................
g.5 0 ,0 0 0
do
do
. . .1 8 9 6 3 > s g M & N
192 5
g 50,000
M & N
1 9 0 7 t o 1 9 0 9 c s .f .5 0 3 ,7 1 5
G a n s e v o o r t M a r k e t........ 3
G r a d in g 2 3 d & 2 4 th W ’d s
3
M & N
190 7
s .f.2 0 ,9 5 0
K in g s h r id g e r o a d , 1 8 9 6 3
M & N
1919
s .f . 1.000
M e tr o p o lita n M u s e u m .. .2a2&3 M & N
1 9 0 5 t o 1 9 1 3 c s .f .8 6 2 ,000
do
do
...
3
M & N
N ov. 1, 19 12
s .f.4 0 ,0 0 0
do
do
...
3
M & N
N ov. 1 ,. 1 9 1 3
s .f.10 0 ,0 0 0
do
do 1 8 9 6
3 (2 gM & N
1916
g.2 0 0 ,0 0 0
M o rn in g s id e p a r k ............2U j&3 M & N
N o v . 1, 1 9 0 7 c s .f.4 2 6 ,5 0 0
M o s b o lu P a r k w a y ............ 3
M & N
N o v ., 1 9 1 2
s .f .4 ,0 0 0
M u lb e r r y B e n d P k ., 1 8 9 5
3g M & N
19 2 0
g-.l 00,000
do
do
18 9 5 3 g M & N.
. 192 4
g .1 ,5 8 4 ,5 1 1
P a r k s a n d p a r k w a y s .. . 3
M & N
N ov. 1 , 1 9 1 9
s.f.6 9 0 ,0 0 0
do
do
.... 3
M & N
N ov. 1, 19 12
s .f .1 ,0 0 0
do
do
.... 3
M & N
N ov. 1 , 1 9 1 3
1 ,3 7 0 ,4 2 1
do
do
.... 3
M & N
N ov. 1, 19 12
5,00 0
do
do
1895 3 g M & N
1914
g .2 6 0 ,7 0 0
do
do
18 9 5 3 g M & N
192 5
g .3 10 .0 0 0
do
do
1 8 9 6 2*2 M & N
192 9
s .f.1 2 ,0 0 0
do
do
1896 3J2gM & N
1917
g .1 2 3 ,0 0 0
do
do
1896 3
M & N
1914
1,0 0 0
do
do
18 9 6 3
M & N
1917
s .f 4 ,0 0 0
do
do
18 9 6 3
M & N
192 1
s .f.5 ,0 0 0
do
do
1896 S Jg gM & N
1916
g .5 5 4 ,5 6 5
P o lic e D e p a r tm e n t, 1 8 9 5
3g M & N
1925
g . 6 0 ,54 9
do
do
18 9 6
-J ag M & N
1916
g .1 0 0 ,0 0 0
P u b lic b u ild in g ..........1 8 9 5 3
M & N
1914
s .f.5 ,0 0 0
do
do
............1 8 9 5 3 g
M & N
1914
g.6 0 ,0 0 0
do
do
............1 8 9 5 3
M & N
1912
s .f.3 ,3 0 0
do
do
............1 8 9 5 3
M & N
1916
s .f.1 5 ,0 0 0
do
do
............1 8 9 5 3 g
M & N
192 0
g .1 9 9 ,0 0 0
P u b lic d r iv e w a y ................ 3
M & N
N o v . 1 , 1 9 1 8 s .f.6 2 0 ,0 0 0
do
do
....1 8 9 5 3 g M & N
192 0
g.800,900do
do
..
.18 9 6 3 U jg M & N
1916
g.2 5 0 .0 < 0
R ik e r ’ s l s l a n d ..................... 3
M & N
N ov. 1, 19 13
s.f.2 8 ,4 2 5 R iv e r s id e P a r k & D r iv e . 3
M & N
N ov. 1 , 190 7
s .f.7 8 ,0 0 0
do
d o .................. 3
M & N
N ov. 1, 1 9 1 2
s .f.8 ,5 0 0
do
d o ..........18 9 5 3 g
M & N
1914
g .3 8 0 ,0 0 0
do
d o ......... 1 8 9 5 3
M & N
1914
s .f.1 0 ,0 0 0
do
do ..........1 8 9 6 3
M & N
1914
s .f.4 .0 0 0
do
do ......... 1 8 9 6 3bs g M & N
1-12
g.2 0 0 ,0 0 0
R u t g e r s S lip p a r k .1 8 9 3 . 3
M & N
N o v . 1 , 1 9 1 1 c s . f .2 0 ,0 0 0
S e d g w ic k & O g d e n A v e s . 3
M & N
N ov. 1 , 1 9 1 6
s .f.5 7 ,0 0 0
S t a t e I n s a n e t a x . . .1 8 9 6 S ^ g gM & N
1915
g .1 7 7 ,0 0 0
S t r e e t C le a n in g D e p .,’ 95 3
M & N
1913
s . f . 4 8 ,5 7 5
do
do
’95 3 g M & N
1914
g .5 0 ,0 0 0
do
do
’ -6 3
M & N
1914
s .f .3 ,9 5 0
do
do
’9 6 3 h s g M & N
1912
g-.83,000
Y a n C o r tla n d t P a r k ........ 3
M & N
N o v . 1 , 19 0 9 s .f.1 0 8 ,0 0 0
do
do
........ 3
M & N
190 9
19 ,0 0 0
W a sh . B r id g e P a r k . 1 8 9 5
3
M & N
1915
s .f . 1 6 ,7 7 8
do
do
.1 8 9 5
3g M & N
192 0
g.6 4 0 ,0 0 0
do
do
.1 8 9 6
3
M & N
1915
» .f2 0 ,0 0 0
W a i'd ’ s I s la n d (p u rch a se) 3
M & N
1913
c.6 72,4 0 9
do
do (b u ild in g s) 3
M & N
190 2
e s .f . 1 6 0 ,0 0 0
do
d o ................
3
M & N
N o v . 1 , 19 0 2
s.f.2 6 2 ,5 0 O
M & N
N ov. 1 . 1 9 1 3
s .f .1 4 7 ,3 5 9
do
do ...................... 3
do
do
3
M & N
190 2
s .f.6 7 ,5 0 O
do
do
18 9 6 3
M & N
19 0 2
s .f.6 ,5 0 0
O th e r s m a ll lo a n s .......... ..2P2&3 M & N
1 8 9 6 t o 1 9 2 3 e s .f . 4 1 3 ,7 7 5
C o u r t H o u s e B o n d s a n d S tocK :
C r im in a l C o u r t H ou se.IT 3
M & N
1 9 0 0 -19 0 8 c s .f .1 0 0 ,0 0 0
do
do
..H 3
M & N
1 9 0 1 - 1 9 0 8 c s .f .3 0 0 ,0 0 0
do
do
..It 3
M & N
1 9 0 2 -1 9 0 8 e s .f . 4 5 0 , 0 0 0
do
do
..I f 3
M & N
1 9 0 3 -1 9 0 8 c s . f . 2 7 1 , 0 0 0
C o u r t H o u s e B o n d s a n d S to c k s (C o n .)—
C r im in a lC o u r t H o u s e .il
3
M & N
1 9 0 4 -19 0 8
c s . f .2 5 , 0 0 0
do do
................. 3
M & N
190 4 -19 0 8
s .f.5 1 9 .0 0 0
do do
................. 3
M & N
19 0 5 -19 0 8
s.f.2 2 ,0 0 0
do
do
.1 8 9 5 3
M & N
19 0 5 19 0 8
s.f.8 8 ,0 0 0
d o do
................ 24a M & N
1 9 0 0 .1 9 0 8
c s . f . 3 5 , 000
N .Y . C ’n t y C o u r tH ’ se s t’k 6
M & N
N ov. 1, 1896
5 4 ,0 9 1
O f th is $ 1 3 ,8 9 1 is in th e s in k in g fu n d .
N . Y . C ’n t y C o u r t H ’se s t’k 5
M & N
N o v . 1 , 18 9 8
3 8 4 ,50 0
O f th is $ 2 34 ,50 0 is in th e s in k in g fu n d ,
do
do
4 & 5 M & N
1 8 9 6 & 18 9 8 s .f . 1 1 4 , 5 0 0
C o n r r H ’ s e ,S u p ’m e C ’ t’9 6 3
M & N
1919
s .f.7 ,0 0 0
P o lic e an d D is t. c o u r t s .. 3
M & N
N o v . 1 , 1 9 1 1 c s .f .7 5 ,0 0 0
do
do
3
M & N
N o v. 1, 19 12
c s .f .7 5 ,0 0 0
do
do
.. 3
M & N
1913
c s . f 3 9 ,18 8
do
do
..3
M & N
1916
c s .f .5 4 ,5 4 9
do
do
..3
M & N
N ov. 1 ,1 9 1 6
s .f . 1 ,0 0 0
D o ck b o n d s ............................... 7
M & N
N ov. 1 , 190 1
500,000
do
7
M & N
N o v. 1 . 190 2
75 0 .0 0 0
do
........ 7
M & N
N o v . 1 , 19 0 4
348 ,80 0
do
(co n so l, s t ’k ) . . 6 g. J & J
J u ly 1 , 1 9 0 1
1,0 00 ,0 0 0
do
..........................
6
M & N
N o v. 1 , 190 5
1,0 6 5 ,2 0 0
O f th is $ 3 2 1,2 0 0 is in th e s in k in g fu n d .
do
.
........ 6
M & N
1 9 0 2 to 1 9 0 6 s . f . $ l , 3 7 6 ,OOO
do
...........................
5
M & N
N o v . 1 , 19 0 9
c5 0 0 ,0 0 0
O f tin s $300,000 is in th e s in k in g fu n d .
do
........................... 5
M & N
N ov. 1 , 190 8
$ 5 4 1 ,2 0 0
O f th is $372,0 0 0 is in s in k in g fu n d a n d $225,0 0 0 p a y a b le fro m “ c , ”

October 3, 18D6.J

THE CHRONICLE

615

LOANS—
'— I n t e r e s t .— *
.-------------- P r i n c i p a l .------------LOANS—
•— I n t e r e s t .— s
------------- P r i n c i p a l . -------------- n a m e AND PURPOSE.
R a te . P a y a b le .
W h e n D u e . O u ts ta n d in g .
NAME AND PURPOSEP . Gt, P a y a b le .
W h en D u e .
O u ts ta n d Jg %
D o c k b o m l s ................................ 5
M & N 1 9 0 0 to 1 9 1 1 a . C $ 1 ,4 4 9 ,8 0 0
S o l d i e r s ’ B o u n t y F u n d :—
O f t h is $ 7 1 1 ,0 0 0 is p a y a b le f r o m “ c . ”
N o . 3 o f 1 8 6 5 ..................... 7
M A N
N o v . 1, 1 8 9 6
$ 4 0 1 ,6 0 0
O f t h is $ 1 0 0 ,0 0 0 is in t h e s in k in g fu n d .
do
................................ -4
M i S
1 9 1 1 t o 1 9 1 4 s . f . 2 , 7 4 7 ,0 0 0
do
.............................Tl 3*2
M A N
N o v . 1 , 1 9 1 5 c 1 ,1 5 0 ,0 0 0
do
do
7
M A N
N ov. 1, 1897
1 9 3 ,2 0 0
do
................................ 3*2 M A N
N ov. 1.
1 9 2 4 5 0 .0
W0a0t e r S t o c k a n d B o n d s —
do
...............................
3*sgM A N
1926
1 ,0 0 0 ,0 0 0
A d d ’ 1C r o t o n W a t e r S t o c k
M & X
1899
c s . f . 2,230,000
do
....................
3
M A N
N ov. 1,
1 9 1 4 c 0 2 5 ,0 0 0
do
do
M & X
N o v . 1 , 18 9 9
c50 0,00 0
O f t h is $ 2 7 0 ,0 0 0 is in t h e s i n k i n g f u n d a n d $ 3 5 5 ,0 0 0 t a x e x e m p t .
do
do
M & N
N o v . 1 , 18 9 9 c s .f.2 5 9 ,000
q
o
d
o
M & N
N o v . 1 , 1 9 0 4 d s .f .2395000
D o c k b o n d s ............................«T 3
M A N
N o v . 1. 1 9 1 6
c $ 5 0 0 .0 0 0
do
do
M & N
N o v . 1 , 1 9 0 4 s.f.2 0 0 ,0 0 0
do
.............................* 3
M A N
N o v . 1, 1 9 1 7
c 5 0 0 ,0 0 0
do
do
M & N
N ov. 1 , 190 5
s .f.3 7 ,0 0 0
............................ * 3
M A N
N o v . 1, 19 1 8
e l.0 0 0 ,0 0 0
do
do
do
M & N
19 0 5
s. 1.14 5 ,0 0 0
O f t h is $ 5 0 0 ,0 0 0 is in t h e s in k in g fu n d .
do
do 1895.
M & N
1912
s .1.1,008,000
do
.......................... IT 3
M A N
N ov. 1, 1 91 9
c l , 0 0 0 ,00 0
do
do 1895.
M A N
1914
e \ 5 9 1,5 0 0
do
...........................*1 3
M A N
N ov . 1, 1 9 2 0 c l , 0 5 0 ,00 0
do
d o 1 8 9 6 . 3*3gM A N
1911
£.400,000
do
...........................* 3
M A N
N ov. 1. 1921
c 1,700,000
.....
do
do
2>e
M
A
X
N
o
v
.
1
.
1
9
0
4
d
s
.l.3
0 0 ,0 0 0
O f this $ 4 5 0 ,0 0 0 is in th e sin k in g fund.
A d d it i o n a l n e w
cro to n
do
...........................11 3
M A N
N ov . 1, 1922 c a. f . 2 13 0 0 00
ao.viu educt s t o c k ............
7
M A
N A u k . 1,
1 9 0 0 a l , 0 0 4 ,5 0 0
do
...........................1 3
M A N
N o v . 1, 1 92 2
o2 0 .0 0 0
do
do
............ 6
M &
N A u g . 1,
1900
a 2 6 9 ,8 0 0
do
..........................3
M A N
N ov. 1. 19 2 3 c a. f. 1 66 0 0 00
do
do
............. 5
M A
N A u g. 1,
1900
a 5 7 ,0 0 0
do
.......................... f 3
M A N
N o v . 1, 1923
c8 6 5 ,0 0 0
A
d
d
it
i
o
n
a
l
w
a
t
e
r
s
t
o
c
k
.
«f
3*3
_ A & O
O c t . 1,
1933
3 0 0 ,0 0 0
do
.........................U 3
M A N
N o v . 1, 1 9 2 4 c a. f. 915 ,00 0
S u b je c t t o c a l l o n a n d a f t e r O c t . 1 , 1 9 1 3 .
do
.......................... 11 3
M A N
1924
C 725.000
do
do
.......... IT
3 13 A & O
O ct. 1,
1 9 0 4 d l , 5 0 0 ,0 0 0
do
............................ 3
M A N
N ov. 1, 1 924
1,0 6 0,00 0
do
do
.......... IT
3
A & O
O ct. 1,
1933
1 4 5 ,0 0 0
O f th is $ 6 6 0 ,0 0 0 is in th e s in k in g fu n d .
S u b je c t t o c a l l o u a n d a f t e r O c t . 1 , 1 9 1 3 .
do
................. 1 8 9 5 . 3 g . M A N
1 925
g . 1 ,1 6 0.00 0
$ 4 5 ,0 0 0 b e i n g i n t h e s in k in g fu n d .
do
.................1 8 9 5 . 3
M A N
1925
a .f.3 0 0 ,0 0 0
do
do
3
A A O
O ct. 1,
1 9 0 4 d 6 ,0 0 0 ,0 00
do
..........................* 2*3 M A N
1 919 A 1 920 c a. f .4 5 0 ,0 0 0
O f th is $ 1 , 0 0 0 ,0 0 0 is i n th e s in k in g fu n d .
.6
M A N
N ov . 1 , 1 89 9
l ,952
do
do
3
A A 0
O ct. 1,
1 9 0 o d 5 ,0 0 0 ,0 0 0
M arket s t o c k ...................... 7
M A N
M ay 1. 1H97
40.0 00
do
do
----- TT.
3
A A O
O ct. 1,
1 9 0 7 d l 2 , 5 5 0 ,0 0 0
...................... 6
M A N
M ay 1. 1 897
a .f.1 8 1 .0 0 0
do
O f t h is $ -1 ,3 5 0 ,0 0 0 is in t h e s in k in g fu n d .
M useum A r t , e t c ................ V ar. M A N
M ay 1. 1903
H .f.9 5 8 ,0 0 0
do
do
3
A A 0
O e t. 1 ,
1 9 1 2 d l , 2 5 0 ,0 0 0
do
do
..1893<f 3
..........
1 913
10,000
O f t h is $ 1 , 0 0 0 ,0 0 0 is in t h e s in k in g fu n d .
R e v e n u e b o n d s ................. 3
.........
P a st d ue. a .f.1 .1 0 7 .6 0 0
do
do
3
....n
M & N
1912
d s .f .9 5 ,0 0 0
S ch ool hse. bondu |
3*3 M A N
N ov. 1, 1 91 2
5 42 ,55 3
d
o
d
o
3
A & O
O c t . 1 , 1 9 1 2 s .f . 1 ,0 0 0 , 0 0 0
do
b on d s
r3
M A N
N ov. 1, 1897
C95S.000
do
do
3
M Jc N
N o v . 1, 1 9 1 2
s .f.2 4 8 ,0 0 0
O f this $ 8 ,0 0 0 is in the siu king fund,
do
.to
1896 3
M & N
1912
s .f . 9 3 5 , 0 0 0
do
b on d *
f3
M A N
N ov. 1, 1908
< 3,151,162
do
do
1896 3
M & N
1912
s , 1 ,3 0 7 ,0 0 0
O f this $ 2 ,2 5 6 is in th e siu k in g fund,
do
do
1 8 9 6 3 h Z M <fc S
1912
£ .1 7 5 , 0 0 0
do
b on d s
-r* •
3
M A N
N ov . 1. 1908
<*449,806
do
do
18rr» 3 * g g M & N
1915
£ .2 8 0 ,5 0 0 { **2
O f this $ 2 2 ,7 6 7 Is in the sin k in g fun d,
d
o
d
o
___
If
2*3
A
&
O
O
c
t
.
1,
1
9
0
7
d
s
.
f.9 5 0 ,0 0 0
d obonds
|: i
13
M A N
N ov . I. 1911
e2 .2 3 4 .0 7 8
C r o t o n R e s e r v o ir ...
* « * O f this $ 1 ,3 3 6 ,8 7 2 is in the sin kin g fund,
6
Q —F
A u g. 1, 1907
a 2 0 ,0 0 0
C r o t o n w a t e r m a in s t o c k 7
do
b on d s
3
M A N
N ov. 1, 1913
7 54 ,56 0
M & N
N o v . 1. 1 9 0 0
2 ,2 2 8 , 0 0 0
2*3 M A N
1 89 7-1908 e a . f . 122.037
O f t h is $ 4 4 ,0 0 0 is ii t h e s in k in g fu n d .
do
do
O f th is $-42,000 is ta x ex e m p t.
6
M & N
N o v . 1, 1 9 0 0
1 ,2 5 6 ,0 0 0
d o aanU. inipr.
3
m >v M
N ov. 1. 1914
4 2 ,0 0 0
O f t h i s $ 9 7 2 ,0 0 0 is n t h e s i n k i n g fu n d .
do
do
d o ....................... .1 8 9 5 3
M A N
1914
2 7,0 00
M it N
5
N ov . 1, 1 9 0 0 s .f .2 4 8 ,0 0 0
do
do
d o ....................
1895 3 g . M A N
1914
g . 8 9 9 ,8 4 4
5
M A N
N ov . 1, 1 9 0 6
1 ,4 4 9 ,0 0 0
O f tills $96«» is m th e s in k iu g fun d.
O f t h is $ 1 ,2 7 6 ,0 0 0 i 1 in t h e s in k in g fu n d .
do
do
4
d»
..........1 89 6
3*3g M A N
1911
g 8 9 1 ,1 9 7
M A X
N o v . 1, 1 9 0 6
s .f .1 5 ,0 0 0
do
do
do
1896 3 g
M A N
1 914
g .s .f.7 7 ,6 2 1
3
M iV N
N o v . 1, 1 9 1 2
8 .1 7 7 ,5 0 0 ’

N E W

N E W

LO A N S.

LOANS.

M a t o h ’s o f f i c e ,

GEORGIA,

4-H% PAVING BONDS.
Notice la hereby given that M klet prepctaal* will
b« received at the office o f the Clerk o f the City
Cowurtl o f the City o f Macon, at Mae»>n, G a - un til'
11 o'clock M. 0 0 Tueeday. Otfobev I t , 1 8 0 6 . for the
rtrrherr erf One Hundred and Thirty Thousand
Dollar* o f City o f Mae«o
[hk cent fa rin g Don
IdO o f which arc o f the denomination o f #5'*» end 60
o f the denomination o f ll.OOO. The bond* will be
dated the 1*1 da* o f October. tfcOd payable In gold
coin thirty year* after date, will bear tntereet at four
and a.half per cent per annum, payable quarterly in
coin. Purrhaaem will be required to pay for the
hoode awarded to them, and al* Intervet t hereon ac
r ruing after the flr*t day of October. 1*99. up to the
time of the payment for the bond*.
Payment* for the bond* am* l be made at the office
o f the City Ireaeurtsr of the City o f Macon at
M acon. Ga.
Al) bid* m u d "tate what denomination o f bond* ia
deeited: payment* moat be made at *och Hraeaaa
the Mayor and Council vital I s e e tit to deliver aeid
bond*. The right to reject any ami all W»h la ren i v a l. All pnipoai!* *bal) be in writing In *<*aie«l
envelope, addreamed to the Hon. Bridge* Smith,
Clerk o f Council. Macon, Ga.. and ahall be marked
" Bid# for Bond*.”
9 . 1). P R I C K . M a y o r .

1

8 t . L o u i s , A p ril 30th. 18D«. s
To w h o m U m a y c o n c e r n :
N o tice D hereby given that the bo n d s o f th e City
o f St. l.onl*. Canned under au thority o f ordinance
No. I?.CK8, num bered from n in e ty -liv e hun dred and
ninety to n in ety-sev en hundred and ninety-tw o,
both Inclusive, w ill be redeem ed o n th e third day o f
N o v e m le r. eighteen hundred and u in ety-six. pur
suant t o ih e u r m i o f iatd ordinance N o. if,* vrt, and
th e ttsro » ex reaaed In said bond*, and that said
bonds will cease to bear interest on said third day o f
N ovem ber, 11*’ . 8uld bonds are d a te d M ay 3d, i88£,
are payable M ay J*.
and are redeem able at th e
o p tio n o f th e City o f 8t. Louis at any tim e a lt e r ten
years from th eir date.
Each o f said bond*, w hen presented fo r redem p
tion , m oat have th e fou rteen u n earn ed sem i-annual
Interest coup*m s, num bered fro m tw e n ty -s e v e n to
fo rty , In elcslre. attached.
Then* bonds are called In f o r th e p o r p o s e o f per
m anent retirem ent.
C. P. W A L B R ID G E ,
: ..............
•
M a jo r.
Is a a c H . Sttiiokon -,
C om ptroller.
A tte s t:
H . J. P o c o c k .
___________________Register.
, £

U

, O

U

BONDS.
S O L IC IT E D .

C h ic a g o .
1 1 5 D e a r b o r n N tre e t.

N ew Y o r k ,
J W a ll S tre e t.

FRANKLIN, LOUISIANA,
PitA.vKi.iv. LOUISIANA. September 1 . 1806.
NOTICR.—Until nix (fl> o’clock on Tuesday the
P in t flat* day o f October, lntw. the Mayor and
Council of the Town of Franklin, Louisiana, will re
ceive and consider Proposals for the purchase of
Twenty five izb> T E N -Y E A R Six Per Cent (6*)
BONDS o f the par value o f ONE TH O USAN D
DOLLARS ($t.uOQ) each; all Issued under the
authority o f a Special Act of the Legislature o f this
State o f the year Ihqh and all in strict compliance
with all legal formalities and requirements.
L B. T A R L TON, Mayor.

~SAFE

James N. Brown &c Co.,
BAN KK H 8.

6 ’4 C e d a r Mi r e e l ,

-

NEW

YORK.

M U N IC IP A L . C O U N T Y , SCHOOL AND
T O U fN S H IP BONDS*

BOUGHT

AND

SOLO.

IN V E S T M E N T S .

REND F O B L IS T

City and County Bonds.
D IE T Z , D E N IS O N & P R IO R ,
U

W e o w n v a r io u s is s u e s o f v e r y d e s ir a bL

in v e s tm e n t b o n d s, th e p r in c ip a l a n d

in t e r e s t b e in g p a y a b le in g o ld .
A

fu ll d e s c r ip tio n o f th e s e b o n d s , w i t h

a ttr a c tiv e

p r ic e s , w i ll b e

m a ile d u p o n ,

a p p lic a tio n .

E. H. ROLLINS & SONS,
5 3 S T A T E S T .. B O S T O N . M A S S .

jU S L J 0

0

, 0

0

0

h

C I T Y o f CAM DEN, N. J.,

O

6 % BONDS.

Farson, Leach & Co.,

CORRESPON D EN T*

LOAN S.

Notice of Redemption.

S* 1 3 0 , 0 0 0

MACON,

N E W

CONCIMSH.H HTKJEKT, - BOSTON.
1 o(| S u p e r io r H i r e d . C le v e la n d , O .

4% 30-Year Water Bonds.
P R IC E

ON A P P L I C A T I O N .

EDWD. C. JONES CO.,
w l C II K 'T M i S T R E E T ,
P H IL A D E L P H IA .

.

80 B R O A D W A Y ,
NEW YORK.

C IT Y OF

NEW

YORK

3/2 PER C E N T

GOLD BONDS.
D O B NO V E M B E R 1st, 1918.
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 1st
E x ecu tors. A dm inistrators, Guardians and others
lull.III,.' trust funds arc a u t h o r e d b y an a ct o f th e
Nevr v ork Loirlslature, passed March 1 4 ,1889, to in vest in these bonds.
P R IC E A N D P A R T IC U L A R S ON A P P L IC A T IO N

Rudolph

K l e y b o l t e &. C o .
b a n k e r s

C IN C IN N A T I, O.

THE CHRONICLE

616
LO AN SJ n fe n a f.--.
NAME AND PURPOSE.
Kale. Payable.
C r o to n w a t e r m a in
M & N
s to c k — (C o n .)........1 8 9 5 . 3
do
(lo 1 8 9 5 . 3g. M & N
M
& N
W a te r s to c k o f 1 8 7 0 ......... 7
M & N
do
do
........... 6
M & N
do
do
..........
3
A n n e x e d T e r r it o r y B o n d s.
T o w n o f M o r r is a n ia —
A n n ’ly ^
C e n tr a l A v . c o n s tr u c tio n 7
C e n tr a l A v . c o n s tr u c tio n
M &

S t. A n n ’s A v . c o n s t r u c t s

-P rincip a l.
}Y 7 ien D u e .

O u t s t a n d 'g .

1912
s .f.$ 1 3 7 ,5 0 0
1914
g .2 5 0 ,0 0 0
N o v . 1 , 19 0 2
a 4 1 2 ,0 0 0
N o v . 1, 19 0 2
a()3.000
1912
d s .f.3 5 ,0 0 0

$ 19 ,5 0 0

Jan. 1 , 1 8 9 5 .
$ 1 7 3 ,9 9 1 ,0 8 1
6 9 ,9 12 ,2 6 0

N e t f u n d e d 'd e b t ..$ 1 14 ,2 9 8 ,4 0 6
R e v e n u e b o n d s .........
2 0 ,3 0 4 ,9 2 2

$ 1 0 9 ,8 8 5 ,5 10
2 ,5 6 4 ,5 1 0

$ 10 4 ,0 78 ,8 2 0
1,6 9 9 ,0 3 4

$ 112 ,4 5 0 ,0 2 0

$ 1 0 5 ,7 7 7 ,8 5 4

1 8 9 6 .........$ 112 ,4 5 0 ,0 2 0
1 8 9 5 ........ 1 0 5 ,7 7 7 ,8 5 4
1 8 9 4 ........ 1 0 1 ,4 2 8 ,4 8 1
1 8 9 3 ........
9 8 ,9 9 5 ,6 5 1
9 7,5 5 0 ,0 3 6
1 8 9 2 ........
1 8 9 1 ........
9 8 ,0 6 4 ,4 18

64.000
14.0 0 0

$ 8 ,640,033
1 ,3 2 7 ,8 2 3

$ 7 1 ,7 7 6 ,4 3 8
3 ,9 2 6 ,6 4 9

T o t a l..........................$ 6 5 ,7 3 5 ,2 3 1

$ 9 ,9 6 7 ,8 5 6

$ 7 5 ,7 0 3 ,0 8 7

F o r f u r t h e r in fo r m a tio n to u c h in g th e s in k in g fu n d s , th e r e a d e r is
r e fe rr e d to th e a b o v e d e ta ile d s ta te m e n t o f th e c i t v s ’ d e b t, in w h ic h
a r e in d ic a te d b o th th e p r in c ip a l h o ld in g s o f th e s in k in g fu n d a n d th e
s e v e r a l is s u e s h e ld b y th e p u b lio to w h ic h th e s in k in g fu n d a p p lie s .

LO A N S.

B A N K S.

WHANN & SCHLESINGER,

M UNICIPAL BONDS

C H IC A G O .

BO STO N .

P H IL A D E L P H IA .

-

BONDS.

BANKERS,

(6 Congress Street, Boston.
OTTY &

W ALL

STREET,

NEW

YORK.

R A IL R O A D

D e s M o i n e s , l a . , S c h o o l ............ ........................4 ^ 8
M u s k e g o n , M i c h . , F u n d i n g ............................. 5 s
A s h l a n d , W i s . , F u n d i n g ....................................5 s
B u r l i n 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 i n g ............................... 6 s
F o n d a , l a . , W a t e r ................................................ 6 s
F O R SALE

BONDn

NEW

E.

C.

BONDS.

STANWOOD

&

C o.,

L a S a l l e S t .,
C H IC 4 0 0 .

L IS T S SE N T UPON A P P L IC A T IO N .

&

B lanchard,

BANKERS,

MUNICIPAL BONDS
B O U G H T A N D SOLD.
D e v o n s h ire

B A N K E R S,

Street Railw ay Bonds, and other high-grade In
vestm ents.
BO STO N , M ASS.,
C l e v e l a n d , O h io ,
7 E xch an ge Place.
3 1 1 - 3 1 3 S u p e r io r S t.

San Francisco.
The First National Bank
O F SAX F R A N C IS C O , CAL..

(6

C a p i t a l , $ 1 ,3 0 0 ,0 0 0 I S u r p l u s ,

LEGAL INVESTMENT FOR TRUST FUNDS
AND SAVINGS BANKS IN THE
STATE OF NEW YORK.

B u ild in g ,

State Street, B o s to n , M ass.

W . N. Coler & Co.,
BANKERS.

M O RTG AG E LOANS
IN

I n t e r e s t 7 P e r C e n t N e t.
NO

COM M ISSIONS ch a rged b orrow er o r lendet
juntli loan s h a v e p rov e n Rood.

F R A N C IS S M IT H & CO,.
S *N

j l h t O N IO ,

TEXAS

MUNICIPAL BONDS.

34 NASSAU STREET
TH E

W ALL

STREET

JO U R N A L

G ives valu able in fo rm a tio n dally on stocks and bonds
15 a y e a r .
D o w , J o n e s & C o „ 44 Broad Street.

$ 9 3 0 ,0 0 0

3. G. M t j r p h y , P resident, J a s .K . L y n c h , Cashier
J a m b s M o f f e t t , y .-P re s ., J. K . M o f f i t t , A st. Cask
G eneral B a nking B usiness. A c c o u n ts S olicited .

City

$ 5 0 ,0 0 0
of Milwaukee, W is,
5% PARK BONDS.
D a ted J u ly 1, 1 S 9 6 .
D u e in f r o m 1 to 2 0 Y e a r s .

Cable Address. “ K E N N E T H .”

TEXAS.

LA.

U N IT E D S T A T E S D E P O S IT A R Y .

M il l s

W . J. Hayes & Sons,
DEALERS IN M U N IC IP A L BONDS,

Bank,

ORLEAN S,

P res. E D G A R N O T T , Cashier.
C orrespon d en ts—N ationa l City B ank, N ational
Bank o f C om m erce, N ew Y o r k ; B o a tm e n ’s Bank,
St. L o u is ; N. W . N at. Bank, C h ic a g o ; M e rch a n ts ’
Nat. B ank, B o sto n .

BAN KERS,

121 Devonshire Street,
B O S TO N .

S I ,0 0 0 ,0 0 0
$ 2 0 0 ,0 0 0

-

C a p i t a l, $ 1 , 0 0 0 , 0 0 0 .
J. C. M O R R IS, P residen t. E D W A R D T O B Y , Y ic e -

BY

BAN KERS,
171

3 1 S t a t e S t .,
BOSTON ,

BANK

(S u cce sso r o f N. O. Canal & B anking Co.)

M A S O N , LEWIS & CO.,
M U N IC IP A L

-

Canal

NEW Y O R K .

Blodget, Merritt & Co.,

STATE

2

N A T IO N A L

OF MILWAUKEE.

T ran sa ct a G eneral Banking and F oreign E x ch an ge
Business. C ollections re ce iv e Special A tte n tio n .
O F F IC E R S :
F. G. B i g e l o w , P re s’ t.
F. J. K i p p , Cashier.
VVm . B i g e l o w , V .-P r e s ’ t. T. E. C a m p , A s s ’t Cashier.
F. E. K r u e g e r , 2d A s s ’t Cashier.

BANKERSJL5 W A L L S T R E E T ,

F IR S T
C A P IT A L ,
SURPLU S,

M UNICIPAL

& CO.,

Total.

N .Y . C it y b o n d s (p ar v a lu e ) .$ 6 3 ,1 3 6 ,4 0 5
C a s h ..............................................
2 ,5 9 8 ,8 2 6

a T o t a l is s u e s h a v in g a f ir s t lie n o n s in k . f. red ern p . N o. I . . . $ 2 ,5 1 2 ,1 0 0
b T o t a l is s u e s h a v in g a s e c o n d lie n o n s in k in g fu n d
re d e m p tio n N o. T.............................................................................
9,700 ,0 0 0
c C o n so lid a te d s to c k , e tc ., h a v in g a lie n o n s p e c ia l fu n d
d e riv e d fr o m t a x a t i o n a n d fr o m sin k . f. redernp. N o. I . 6 9 ,8 3 2 ,2 2 1
d T o t a lis s u e s p a y a b le f r o m s in k in g f u n d r e d e m p t io n N o .il. 33,6 70 ,0 0 0
e C o n s o lid a te d s to c k (n e w p a rk s ) p a y a b le fr o m s in k in g
fu n d re d e m p tio n N o . I m a c c o r d a n c e w ith a c t o f a u 
t h o r iz a tio n ..........................................................................................
9 ,8 10 ,1 0 0

I N T E R E S T — W H E R E P A Y A B L E — C o u p o n in te r e s t is p a y a b le a t
S t a t e T r u s t C o m p a n y ; r e g is t e r e d in t e r e s t a t o ffice o f C it y C h a m b e r
la in ; in t e r e s t o n th e g o ld c o u p o n b o n d s o f 1 9 0 1 a n d 1 9 0 2 i s p a y a b le
a ls o a t M e ssrs. R o th s c h ild s in L o n d o n .
T O T A L D E B T , S I N K I N G F U N D S , E T C .- T h e su b jo in e d s ta te m e n
s h o w s N e w Y o r k ’s t o t a l m u n ic ip a l d e b t a n d th e s in k in g fu n d h e ld b y
t h e c i t y a g a in s t th e s a m e o n th e d a te s in d ic a te d .

N. W . H A R R I S

. . $ 10 6 ,0 6 6 ,2 4 0
. . 1 1 6 ,7 7 3 ,7 2 1
.. 7 3 ,3 7 3 ,5 5 2
.. 3 5 ,9 7 3 ,5 9 7
.. 2 0 ,0 8 7 ,3 10

T h e to t a ls o f th e v a r io u s is s u e s h a v in g a lie n o n th e s e s in k in g fu n d s
a n d th e o r d e r o f th e ir lie n , a r e s h o w n in th e fo llo w in g ; th e le t t e r p r e
fix e d in e a c h c a s e b e in g th e s a m e a s t h a t u s e d in th e ta b le o f b o n d s
a b o v e t o d e s ig n a te th e is s u e s h a v in g s u c h lie n .

a T h e s e b o n d s a r e a first lie n on “ s in k in g fu n d re d e m p tio n N o . I .”
b T h e s e b o n d s a r e a'second lie n o n “ s in k in g fu n d re d e m p tio n N o. I .”
c T h e s e b o n d s a n d s to c k s a r e s e c u r e d b y s p e c ia l fu n d d e r iv e d fro m
t a x a t i o n a n d fr o m “ s in k in g fu n d re d e m p tio n N o . I . ”
d T li e s e w a te r b o n d s a r e p a y a b le fro m “ s in k in g f u n d r e d e m p t io n N o .i l
e P a y a b le fro m s in k . f. red . N o. I u n d e r la w a u th o r iz in g th e ir is s u e .
P A R V A L U E O F B O N D S .— T h e d e n o m in a tio n s o f th e b o n d s a n d
s t o c k o f th e c ity * o f N e w Y o r k a r e n o t fix e d . C e r tific a te s a r e is s u e d fo r
a n y a m o u n t in e v e n h u n d re d s , w i t h $500 a s th e m in im u m .

Bought and Sold.

1 8 8 1 ..
1 8 7 6 ..
1 8 7 1 ..
1 8 6 6 ..
1 8 6 2 ..

Sinking Fund Sinking Fund
Redemption I. Redemption II.

$ 1 ,0 0 0
18 9 7
7
M & S
1 8 9 7 tO 19 0 8 ) -i no cn n
So. B o u le v a r d c o n s tr ’t ’n . 7
M & S^ $
^ 10 ,0 0 0 y e a r ly . $ 14 8 ,5 0 0
___
_________
$ 18 5 ,5 0 0
T ow n of W
U lia
m sb rid g e
T o w n o f W e s tc h e s te r .0 ...............................................................................
68,000
V ill a g e o f W a k e fie ld ......................................................................................
4 1,8 0 0

N E W

1 8 9 0 ........ $ 9 8 ,6 6 3 ,0 72
9 1 ,3 1 3 ,1 3 5
1 8 8 9 ........
1 8 8 8 ........
9 3 ,3 0 0 ,5 8 1
1 8 8 7 ........
9 0 ,3 9 5,6 3 4
1 8 8 0 ........
9 3 ,0 3 1 ,9 5 1
1 8 8 5 ........
9 3 ,6 4 8 ,10 0

SINKING F U N D S .— T h e t o t a l s in k in g fu n d a s s e ts o n J a n u a r y 1
18 9 6 , w e r e $ 7 5 ,7 0 3 ,0 8 7 . O f th is a m o u n t $ 9 ,9 6 7 ,8 5 6 w a s h e ld in a
s p e c ia l s in k in g fu n d ( s in k in g fu n d re d e m p tio n N o. II.) fo r a c c o u n t o f
c e r ta in w a t e r b o n d s a n d $ 6 5 ,7 3 5 ,2 3 1 ( s in k in g fu n d re d e m p tio n N o. I.)
w a s h e ld fo r c e r ta in o th e r s in k in g fu n d issu e s. T h e c h a r a c te r o f th e
a s s e ts o f th e tw o s in k in g fu n d s h e re r e fe r r e d to is e v id e n t fro m th e
f o llo w i n g :

a n n u a lly .
T o w n o f W est F arm s—
F r a n k lin A v . c o n s tr ’tio n .

and

Jan. 1 ,1 8 9 6 .
$ 1 8 5 ,5 8 8 ,5 9 7
7 5 ,7 0 3 ,0 8 7

T o ta l n e t d e b t ........$ 13 4 ,6 0 3 ,3 2 8

T o w n o f W est F arm s—
( A n ’l y &
1 8 9 7 to 2 1 4 7
250,000
C e n tr a l A v . c o n s tr u c tio n
( s ’m i-an .
$ 1,0 0 0 y e a r ly . ,
T h e s e b o n d s m a tu r e $ 1,0 0 0 y e a r ly , e x c e p t in th e y e a r s 1 9 1 6 an d
1 9 1 7 w h e n in eao h y e a r $ 1,5 0 0 m a t u r e ; in 1 9 4 9 a n d 1 9 7 5 , n o n e ; in
1 9 5 0 , $ 2,0 0 0 ; in 1 9 5 9 a n d 2 1 4 7 , e a c h $500. T h e in t e r e s t o n a b o u t
o n e -h a lf th e b o n d s is p a id a n n u a lly , a n d o n th e re m a in d e r s e m i

GOVERNMENT

Sept. 1 ,1 8 9 6 .
T o t a l fu n d e d d e b t ... $ 1 9 0 ,8 7 0 ,1 5 4
S in k in g f u n d ..............
7 6 ,5 7 1 ,7 4 8

T h e a n n e x e d ta b le s h o w s th e c i t y 's n e t d e b t a s i t w a s on th e fir s t d a y
o f J a n u a r y o f e a c h o f th e fo llo w in g y e a rs :

1 8 9 6 to 1 9 1 5
$ 1 , 0 0 0 y e a r ly .
19 16 -19 8 0
$ 1,0 0 0 y e a r ly .
1 8 9 7 to 1 9 1 0
$ 1,0 0 0 y e a r ly .

N E W LOANS

[V ol . Lxra,

A ssessed v a lu a tio n ..........................................$142,078,?o5
B on d ed d eb t ....................................................
6,350,250
W a te r d e b t .........................................................
1,654,250
N e t d e b t ..............................................................
4,702,000
P op u la tion 250,000.
P ro p e rty ow n ed b y th e city is valued a t . . $19,000,000
P R I C E TO N E T 4 P E R

C.

H.

CENT.

White & Co.,

72 B R O A D W A Y , N E W Y O R K .

OcTOJsBH3, 189h

THE

CHRONiCLE.

A S S E S S E D V A L U A T I O N .—T h e c ity ’ s assessed valu a tion and tax
a te h a v e been as f o l lo w s :
Y ean .

P erson al
E sta te.

S e a t E sta te.

1 -9 6 ....

s i . 7 3 1 ,M W . 1 4 3

1 - 9 5 ..
1 - 9 1 ...
1 3;<3.. . .
1 - 9 2 .......
1 9 9 1 ..
1 9 9 0 ---1 9 8 9 ........
1 9 8 8 ........
1 - 9 7 ........

1 .6 1 3 ,0 1 7 ,7 3 5

1 .5 6 2 ,5 9 2 ,3 9 3
1.50 4 ,9 0 4 .6 0 3
1,4 6 4 .2 4 7,8 2 0
1,3 9 9 ,2 9 0 ,0 0 7
1 ,3 3 1 ,5 7 8 ,2 9 1
1 ,3 0 2 ,9 1 8 ,8 7 9
1 .2 5 4 .4 9 1 .8 4 9

8 2 ,1 0 0 .4 6 4 .9 0 5
2 ,0 1 6 .9 4 7 ,6 6 2
2 .0 0 3 ,3 3 2 ,0 3 7
1 .9 3 3 ,5 1 8 .5 2 9
1 .8 2 9 .2 6 4 .2 7 5
1 .7 8 5 ,8 5 7 ,3 3 8
1 ,0 9 0 .9 7 8 ,3 9 0
1 .6 0 3 ,8 3 9 ,1 1 3
1 .5 5 3 .4 4 2 ,4 3 1
1 .5 0 7 ,6 4 0 ,0 6 3

2 9 8 ,58 8 .38 3
2 7 2 .2 0 0 .8 2 2
2 5 0 ,6 2 3 ,5 5 2
2 5 3 .1 4 8 .8 1 4

1895.
$ 3 ,5 5 4 ,3 1 9

1894.
$ 4 ,0 7 4 ,7 2 7

5 ,0 3 7 ,4 6 0
2 ,0 0 1 .1 1 3
8 9 ,1 9 7
2 6 ,6 2 2
3 1 2 ,0 7 8
2 2 8 .1 0 8
3 .8 4 5 ,7 7 3
1 ,1 4 8 ,0 2 0
4 2 1 ,7 3 7
2 ,4 5 5 .7 1 3
4 4 7 .4 8 2
5 ,8 8 3 .2 8 4

4 .9 1 5 ,4 1 2
1 ,8 7 7 .0 0 0
8 6 ,6 9 2
2 7 ,5 1 4
3 0 1 ,0 9 1
2 1 0 ,5 5 2
3 ,0 9 0 ,3 2 0
1 .2 2 2 ,6 2 4
3 6 8 ,6 1 3
2 ,3 3 1 ,4 6 9
4 6 3 ,6 7 9
5 ,2 9 8 ,2 4 7

1895.
$ 2 ,4 0 7 ,4 7 3
2 ,1 4 4 ,2 4 5
1 9 2 ,9 5 6
4 ,7 6 0 ,5 0 9
1 5 0 .4 1 0
1 3 9 ,7 2 9
1 4 5 ,5 9 5
1 ,5 4 7 ,9 1 7
2 6 5 .9 6 1
2 4 ,5 2 7
5 3 .2 8 2
1 3 0 ,6 1 3
1 3 0 ,2 3 5
6 3 ,2 8 2
6 5 6 .7 7 8

1894.
$ 2 ,2 8 1 ,4 5 9
2 ,3 7 7 ,5 7 1
1 9 9 ,1 9 3
4 ,4 9 3 ,7 3 9
1 5 1 ,2 6 4
1 2 1 .3 5 1
1 3 0 .2 2 6
1 ,5 2 7 ,8 1 9
2 7 5 ,2 0 0
2 0 .4 8 0
5 5 ,6 1 3
1 2 2 ,3 1 2
1 3 0 ,0 0 0
3 2 ,5 5 2
1 8 9 ,3 3 7
1 3 9 ,2 9 2
1 .2 7 5 ,4 2 6
6 0 4 ,3 1 5

F o : State t a x e s ..........................................................
F o r E x p en ses o f the C ity G o v e r n m e n t In terest on the city d e b t ...................................
R edem ption o f the city d e b t........ ..................
T h e C om m on C o u n c il.........................................
The M ayo ra lty .....................................................
Fin ance D epartm en t. .......................................
Law D ep a rtm en t...................................... ...........
D ep artm en t o f Public W ork s ......................
D epartm en t o f Public P a r k - ..............
D ept nfittreet Im p t . 2 3 d » m l2 4 th w ards
D epartm en t o f P u blic C harities, A c ..........
H ealth D epartm en t ...........................................
police D epartm en t......
...........................

D ep a rtm en t o f Street C le a n in g .................
F ire D e p a rtm e n t..................................................
Jb-partraent o f B uild in gs. .............................
B o a r d o f E d u cation ......................................
s Village o f the C ity o f Slew Y o r k ................
f o r m a l College ................................................
D e p a rtm e n t o f T a x e s a o d A s s e s s m e n ts ..
! > e Justiciary........................................................
P rin tin g. Station e ry an d B lank Books
M unicipal Service E x a m in in g B oards
T h e C o ro n e rs..........................................................
T h e sh e riff..................... . ........................................
Th e R eg iste r............................................................
The C om m ission er* o f A c c o u n ts ................
S urest! o f E le c tio n s,........................................

Judgment*.................................................

124,932

Aryluraa. reform atories. A c .....................
M ia eella n .-a u s......................

1 .3 1 4 ,0 5 1
7 4 0 .6 3 9

T o ta l........................................................................$ 3 9 ,5 0 4 ,1 1 7

Haight 8c Freese,
B a n k e r * & C o m m Ia s i o n S t o r k B r o k e n ,
it H U O A D W A V . MRU’ Y O R K .
85 m T K
N T KK K T , BOSTON.

S T O C K S , BO N D S AN D G R A I N
BffiKht and Mold ai 1*14 On»mlaatoo.
"» p e e t* l a t t e a t l a a ( I v e s to o a t » a f - c a w s wee a a a ta .
B A SK IH G
BUSINESS.

AN D

B O N t» S .

A M w o t i of tUaki. Backer* an* Individual#
r*e*)v#d on favuvahl# term*.

Na t i o n a l

hank

enO W W

OFFICE, 11.T2 H K 0 4 U W A V .

iH trB R B .x cK s r i R N is u itD .

H O W A R D A . IIa Y K * .

BANKERS AND BROKERS
Cd#rt,

•

-

«IW

T H I

H e ? • « * 's e ll R a i l r o a d M locka an d R e a d *
t i M e r g l a e r fwr C’ a * h a t 1 • I dll It
p e r r e e l C o m e s la a la a .

CLAPP k COMPANY,
(lo w e lw lo n

C o u n t y s e a t is A s o t i n ,

H a r i l e l d C o u n t y , W a s h ,— T h e f o llo w in g s t a t e m e n t h a s b e e n

C o u o t y s e a t is P o m e r o y ,
C o n n ty has no bon ded debt.
F lo a tin g debt J u ly 1, ’ 9 6 .$ 5 0 ,2 3 0
Caah in treasu ry
..........
1 4 ,9 2 0
N et debt J u ly 1, 1 9 9 6 .......... 3 5 .3 1 0
T a x va lu a tio n , r e a l............... 9 9 6 .0 0 0
T a x valu a tion , p e rso n a l. 2 7 1 ,0 6 9

Y a k im a

C o u n ty .

tlr r c h n n t* .

M ILL* BUILDING, N EW YORK.
Ib iM t and Execute Orders on
ji, f , ttech Si>ltsnn>M. 1 . Prqdace B n t i a r a
N. ¥- Cotton RichanK*.
Chlcaib* Board o f Trade.
Unearpaaawt Prlrate SVirw raeilitlea to New Tuck
Chicago and Western Exchanges,
fable Address *'O P O

W a s h .— T h e

fo llo w in g

s ta te m e n t

has

a n o ffic ia l r e p o r t

C o u n t y s e a t is N o r th Y a k i m a .
IFAen D u e .
LO A N SC o u s x v B on ds— 1892 .
* 7 5 , 0 0 0 . . Sept. 1, 1 9 1 2
Su bject to call a ft e r ten y e a rs .
B kdkm f -t i o n B o n d s — 1 8 8 8 .
8s.
J A J . * 8 0 . 0 0 0 . .O et. 1 ,1 9 0 8
Su bject to call a fter ten years.
In terest is p a y a b le In N ew York
an d S an F ran cisco.
B onded debt D ec. 3 0 , ’ 9 5 $ 1 5 5 ,0 0 0
F lo a tin g d e b t........................
7 5 ,8 4 3
T o ta l debt J u ly 1. 1 8 9 6 . 2 3 0 .8 4 3
5 H s . S e p t.,

It r o o d te n y , N **r

*

F.

T. Spencer Turner,
r 8 lK X T li8 8 0 R T O

G o .,

M A M U rA O rrH K K A N D D BA LB K IN

SAIL D U C K

AM U A L L Kl.HI*} O f

J.

Picard,

C O N S U L T I N G

E N G I N E E R ,

C O L IM B U 8 ,

O H IO .

Examinations and Reports Made for
Bankers and Investors of Railroad, Coal
Mining, Oil and Electric PropertiesRRFBKBNCBS

SgNT.

Jos. O. Osgood,
M. A M . SOC. C. K.,
1J0 B R O A D W A Y , N E W Y O R K ,
R E P O R T 8 ON IN V E S T M E N T P R O P E R T IE S .
R a ilr o a d . L o c a t io n a n d C o n a trn a tio n .

Accountants.

Y o rk .

OKK1CBRS
.. P r e a ld e n t
I .K O K i .t II. H liB K O R D
.................. Hccrutary
C. P. KHA 1/KHiH............
A. W 1IK R L W R IG H T .................. Assistant Secretary
W M , T. 8 T A N I )* N ......................... ......................Actuary
AR T H U R C. P E R R Y ................... ....................... Cashier
J01LN P. M l INN........................ . .. Medical Director
riN A N C K COMMl TTK1R:
..J O . ti. W IL L IA M * ...........Prw iLCheat. Nat. Rank
...............Builder
JOHN J. T U C K E R ...............K» H. P SK K IN 8, J A . Preet. Imp. A Traders' NaL B k
J AM KM IL PLU M ........................... ................ l-entber

B r tn c k e r lio ir , T u r n e r *

Cash on h a n d ..................... _ $ 1 7 ,0 3 3
N et d e b t J u ly 1 . 1 8 9 6 .
2 1 3 ,8 1 0
T a x v alu a tion , r e a l ..........3 ,4 8 5 ,0 6 9
T a x valuation , person al. 6 3 5 ,8 1 3
T o ta l valuation 1 8 9 5 .. . 4 ,1 2 0 ,8 8 2
A sse ssm en t a b o u t
actu al value.
T o ta l ta x (per $ 1 ,0 0 0 ) ...........$ 1 9 -0 9
Population in 1 8 0 2 w a s ___ 6 ,0 3 9
P opulation in 1 8 9 0 w a s ___ 4 ,4 2 9
P opulation ill 1 8 8 0 w a s ___ 2 ,8 1 1
P o pu lation in 189& test.).. .1 2 ,0 0 0

________ E N G I N E E R S .

u r i th t h * /* r * u w « « f ,a < t h r H o r n * f i lle r ,

COTTON

P opulation in 1 8 9 2 w a s .......... 3 ,5 7 3
P o pu lation in 1 8 9 0 w as
3 ,8 9 7

fro m F . C . H a ll, C o u n ty A u d ito r .

A c t i v r o n d H u tem ts / M l A y v n t s , \ r i s h i a y
resen t t h U C o m / x r n y , m a y c o m m w n ^ iM

J

T a x valu a tion , R K s .......... $ 7 4 ,3 8 5
T otal valu a tio n 1 8 9 5 ____ 1 ,3 3 4 ,4 5 4

S t a t e A e o . t a x (p e r$ 1 .0 0 0 ).$21-00

b e e n c o r r e c t e d t o J u l y 1 , 18 9 8 , b y m e a n s o f

IM T U B C I T Y O F N E W Y O R K .
Tbl* old and reliable Company now baa Uv; exper
ience •»( forty-*!* year* of practical Life Insurance.
which ha* taught it that the ilw qu<i "o n of auccear
t« the adaption o f tr«-o<l plans o f tnsurxnwe. and the
pursuit of a ln»t*ral policy toward* both tt* Innuneh
and its Ajrents. Theec essentials It {xmaeaace in au
eminent degree, but judidonaly tempered by iba*
conaerratUMU which If the beat possible safewuard of
th# policy-bidder. It# c*»nCruct# are tncae teataide
after two rears. The axe non-forfeiting. pro riding
generally for either paid-up poller or extended In
surance. at Uie Option of the pulley -holder. It give*
ten day* of snrace in payment o f all premium*. Its
coarse during the pant forty-hire yeam abundantly
demonstrates Its absolute MCttHijr.

6 1

a n o ffic ia l r e p o r t fr o m

S . T . S a n fo r d , C o u n ty A u d ito r .

1890.

H

Cash on h a n d .......................... $ 6 ,1 2 3
4 0 ,4 3 7
N e t d e b t J u ly 1, 1 8 9 6 ___
T a x valu a tio n 1 8 9 5 ............ 5 9 1 ,7 7 1
P o p u lation in 1 8 9 2 w a s ...
1 ,7 1 4
P opulation in 1 8 9 0 w a s ...
1 ,5 8 0
Population 1 8 9 5 (estm ’ td)
3 ,0 0 0

c o r r e c t e d to J u l y 1 , 1896, b y m ° a n s o f

The United States Life
Insurance Co.

Ifstn’ ^m o f th e Consolidate*I K».:h*n*a

R ea k rra end

C o n n t y , W a s h .— T h e f o llo w in g s t a t e m e n t h a s b e e n

1850.

W K IO H T C. U TO tnt

HAVEN & S T O U T ,
2 4 ir h * B if

A so tin

c o r r e c t e d t o J u l y 1 , 18 9 6 , b y m e a n s o f a n o f f i c i a l r e p o r t f r o m
0 . T . W e lc h , C o u n ty A u d ito r .

M IS C E L L A N E O U S .

Cable Addrea*:
- kl'U*k.ATlO.V. Jf. T,»

IS TEST HUNT

12

LOANS”
SI A m D u e .
F u n d in g B o n d s —
6 s . $ 2 5 ,0 0 0 ------- -— ........... 2 0 years
Bonded debt, J u ly 1 ,1 3 9 6 .$ 2 5 ,0 0 0
FToattue d e b t ........................... 2 1 ,5 6 0
T otal d e b t................................... 4 6 ,5 6 0

* 3 8 ,3 9 5 ,0 9 4

FINANCIAL,

TR A N S A C T A
G K A K H A I.
ffTtXTK EXCU ANO K

PO PULATIO N—Estimated by Health Department, September
at 1 ,9 4 5 ,3 7 1 . In 1 8 9 2 the population was 1 ,8 0 1 ,7 3 9 ; in 1 8 9 0 it
was 1 ,5 1 5 ,5 0 1 ; in 1 8 8 0 it was 1 ,2 0 6 ,2 9 9 ; in 1 8 7 0 it was 9 4 2 ,2 9 2 .

$ 2 1 -4 0
19 10
1790
1820
1 8 -5 0
1900
1 9 -7 0
1 9 -5 0
2 2 -2 0
2 1 -6 0

EXPENDITURES.—Annexed is a statement of expenditures.

dtai4J.ce Teiepoonc
M l* OultTLANDT.”

T h e total ap p rop ria tion s for 1 8 9 6 am ou n t to $ 1 6 ,4 9 8 ,5 7 1 , including
$ 6 ,4 0 2 ,0 0 9 fo r State ta x e s .

T o ta l A s s e s s e d B a te o f T a x
V a lu a tio n .
p e r $ 1 ,0 0 0 .

$ 3 7 4 ,9 7 5 ,7 6 2
3 7 0 ,9 1 9 ,0 0 7
3 9 0 ,2 7 4 ,3 0 2
3 7 0 .9 3 0 .1 3 6
3 2 3 ,3 5 9 .8 7 2
3 2 1 .0 0 9 ,5 1 8

1 .6 4 6 ,0 2 8 .6 5 5

61?

Wesley Farrington,
U t , A u d ito r o f N . Y . L . B . 4

W . R U . C o.

EX PER T ACCOUNTANT,
203

B R O AD W AY,

NEW

YO R K .

Ko o k # 601-402 R a i l a n d e x p u e s s Ud x l d in o .

W M .
BOOKS

FRANKLIN

HALL,

ACCOUNTANT A U D I T E D

N ow form s designed fo r books o f account.
S ettlem en t j ) f In so lv en t E sta tes,

418 Exchange Building, 53 State Street, Boston.

COTTON C A N V A S PELTING DUCK
CAR COVERING BAGGINti,
ItAVEN d DUCK. SA IL TW IN K , 6 0 .
POPE ** A W N IN G " ST R IP S*.

SECURE BANK VAULTS.

A O D fT

U N IT E D

HTATBX

B U N T INCA C O .

A fnti supply, all Width* and Colors, a lw a y s In

CHRONICLE VOLUMES.
S IN C E

Stock
1

A

1866.

N

#R D u a n e S t r e e t . N ew Y o r k
D

Parties baring tbr

wees ppe m t vohuMH *:»» obtain from the publishers

W

S

O F F I C E

B-nk and Oface FlUIng*. F in . Br»»a Work. Spool#
d«#lgn# on application.
* « > D FOR C A T A L O G r -i.

» «

F tn ti

A v e .,

N e w

T o r k

QENUINE
W E L D E D C H R O M E S T E E L A N D IR O N

AN U M .K W B M A N U F A C T U t t l K G C » .

ooei of th# m r U m roiemes. or complete w t i oaa l>#
ferMahad

E

DESKS.

A fif cB e» i«e*sM ri| these T » n e « f has a . band
for oMtteiiwit rsfersuMW a ounfdete sad rellatle
enee etal fctstovT '"f tfce perb-du

R

C ttj

Round and Flat Bars and 5-ply Plates “ «» Angie
FOH SAFES. VAU LTS, tC.
Cannot be Sawed, Cut '> i Drilled, and po»itlrelf
Bnrgli
.-roof
C H R O K 1E S T K K L
W O RK S,
K ent A ve.. K e» p * H o o p e r 8t»
Sole M an-f’eratn the IT. 8. B H O O K I - Y B . * . Y .

X

THE

CHRONICLE.

[Vor . L I I I I ,

<£ottcm.

(Eottcm.
WOODWARD
& STILLM AN,

financial.
W. T. Hatch & Sons,
BANKERS AND BROKERS,

IN M A N ,S W A N N & C o

5)6 B r o a d w a y & 6 W a l l S t . , N e w Y o r k .
m

e ir :c

HIA N iT s ,
M em bers o f N. Y . Stock and P ro d u ce E x ch an ges.

C O T T O N

16 to 22 W ILLIA M

M E R C H A N T S ,

STREET,

NEW YORK.

D ealers in in vestm en t stocks and bonda.
P erson al atte n tio n g iv e n at th e N ew Y ork Stor k
E x ch an ge f o r th e purchase and sale o n com m ission
o f sto ck s and b o n d s fo r cash o r on m argin.

M ew Y o r k .

C O T T O N O F A L L G R A D E S S U IT A B L E T O
W A N T S O F A M E R IC A N S P IN N E R S .
L x h u a n , STERN Sc. C o., L im ited , N ew O rleans, L a
L i h m a n - D d r b C o ., M on tgom ery, A la.

LEHMAN

BROS.,

RIO RDAN & CO.,

COM M ISSION M E R C H A N T S ,
Nos. 16-22 William Street,
NEW

Prince & Co.,
BANKERS

Cotton, Grain, Stocks.

B O S T O N ,

YO RK .

M E M B E R S O F T H E S TO C K , C O T T O N , C O F 
FEE AND PRODUCE EXCH AN GES,
. NEW YORK.

43

C O T T O N

HIGH GRADE I N V E S T M E N T S .

NEW YORK.

M em bers o f N ew Y o rk and B oston S tock E x ch an ges

Hubbard Bros. & Co.,
C o fle c E x c h a n g e B u ild in g

M A S S ,

E X C H A N G E ,

O rders e x ecu ted on th e a b ov e E x ch a n ge s, as well
as in N ew O rleans, C hicago and fo re ig n m arkets.

[ESTABLISH ED 1S44.1

S. M U N N , SON & CO.,

H a n o v e r S q u a re *

Coffee Exchange B uilding, N ew Y ork.

NEW YORK.

COTTON

F. H.

M ERCH ANTS.

L i b e r a l A d v a n c e s m a d e on C o t t o n
C o n s ig n m e n t s .

COTTON,
G R A IN ,
PROVISIONS.
O rders f o r F u tu re D e liv e r y 7E x e cu te d ,

U N IT E D

STATES

BONDS

B o u g h t a n d S o ld b y

Cahoone & Wescott,
M em bers N ew Y o rk Stock E x ch a n ge,

18 W A L L S T R E E T ,

NEW

YORK

D IR E C T CHICAGO WIRE.

Hatch oc Foote,

Henry Hentz & Co ,
COMMISSION
1 6 to 2 2 W illia m

M ERCH AN TS,
S tre e t* N e w Y o r k .

EXECUTE O RDERS FOR FU TU RE

D E L IV E R Y

Hopkins, Dwight & Co.,
C O T T O N , C O T T O N -S E E D O I L
AND

C O T T O N ,

SOUTHERN

A t th e N ew Y ork, L iverp ool and N ew Orleans
C otton E x ch an ges. A lso orders fo r

C O M M I S S I O N

ANII P R O V I S I O N S ,

A t th e N ew Y ork P ro d u ce E x ch a n g e
and th e C h icago Board o f Trade.

Geo. H. M°Fadden & Bro.
M ERCH AN TS,

G ustavua C. H opkin s,
Charles D. M iller.

A N D B L E A C H E D S H IR T IN G S
and S H E E T IN G S .

P R N T S , D E N IM S , T IC K S , D U C K S , &0.

F r e d e r i c Z o r o i a Ac C o .

Bremen Correspondents .

[i l c F a d d e n , Z o r o c a Ac C o .
WM. R A T .

B u yers o f Spot Cotton. O rders fo r C on tracts e x e 
cu ted in th e N ew Orleans, N ew Y ork, L ive rp o o l and
H a v r e M arkets.
S. A . FATMAN.

PAUL SCHWARZ.

Fatman & Schwarz,
COTTON

COMMISSION

MERCHANTS,

1 W i l l i a m S tr e e t* N e w Y o r k .
M em bers N ew Y ork C otton Coffee and
E xchanges.

P rod u ce

BAN K ERS AND B R O K E R S!
N O .

2 4

B R O A D
N ew

S T R E E T ,

Y ork .

G. P. Altenberg & Co.,
BANKERS AND BROKERS,

G eo . W . Ba l l y .

J. A . MONTGOMERY

COMMISSION M E R C H A N T S ,

C O M M IS S IO N M E R C H A N T S ,
NEW ORLEAN S, L A .
M E M P H IS , TENN
DALLAS, TE X.

W . H. Goadby & Co.,

T R A N SA C T A G E N ER A L ST O C K , BOND
A N D N O T E B R O K E R A G E B U S IN E S S .
,43 E . T h i r d S t r e e t . C in c in n a ti^ O h io .

COTTON B R O K E R S )
1 2 9 P e a r l S tre e t,
N ew Y ork .

COTTON

YORK.

D rills, Sheetings, die., fo r Export Trade.

Baily & Montgomery,

Mason Smith & Co.,

NEW

T o w e l s , Q u il t s , W h i t e G o o d s a n d H o s i e r y

Geo. Copeland & Co.,
C otton landed at m ills from S outhern m arkets a
p ecialty. O rders f o r fu tu r e d e liv e ry con tracts
ex e c u te d on N ew York C otton E x ch an ge.

BROADW AY,

Se l l in g a g e n t s f o r L e a d i n g B r a n d s

BROW N

L iyxrpool Correspondents ,

1

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

L u ciu s H op k in s Sm ith,
Sam uel H opkins.

N E W Y O R K ,B O S T O N ,P H I L A D E L P H I A

P H IL A D E L P H IA .

M. F. MAINE.

BANKER,
N o.

Bliss, Fabyan & Co.,

S E C U R IT IE S ,

A. S. Van Wickle,

M E R C H A N T S ,

N E W YORK.

A t the N ew Y ork Coffee E x ch a n g e , and

COTTON

IN V E S T M E N T

PRODUCE

R o o m 5 2* C o tt o n E x c h a n g e B u i l d i n g .

C O FFEE,
GRAIN

BAN KERS,

No. 3 NASSAU STBEET, NEW YOBS

ip is c c t t a u e o u s .

CO TTON A N D N A V A L ST O R ES.

C o t t o n E x c h a n g e B ld g .

NEW Y O R K .

E x ecu te Orders fo r fu tu re D e liv e ry o f Cotton.
C orrespon d en ce invited.
J. 0 . B l o b s .

George h . Church

J. O. BLOSS & CO.,
COTTON
22

MERCHANTS,

W i l l i a m

Street*

NEW Y O R K .

Fifth Avenue Hotel,
I H a d i ft o n S q u a r e , N e w Y o r k .
T h e largest, best app ointed and m ost liberally
m anaged h otel in the city , w ith th e m o s t central
and delig h tfu l loca tion .
H ITCH CO CK , D A R L IN G Sc CO

L O C O M O T IV E S .
R ic h m o n d L o c o m o t iv e & M a c h in e W o rk ®

R ICH M O N D, V IR G IN IA .
S IM P L E O R CO M PO UN D LO C O M O T IV E S TO
T H E I R O W N D E SIG N S O R T O S P E C IF IC A T IO N S .

M o d e r n l y e q u ip p e d s h o p s .
A nnutil c n p a c it y 3 0 0 lo c o m o t i v e * .
T e r m * m a d e m iii is fn e t o r y .
C o rre s p o n d e n ce S o lic it e d .
C. W . H A S K IN S .

E. SV. SE LLS

Haskins & Sells,
C o n s u ltin g A c c o u n ta n ts a n d A u d ito r s ,
NO.

30

NEW

B llO A D

S T .,

YO RK.

E X P E R T S U. S . G O V E R N M E N T D U R I N G
T H E 33D 1C U N G R E SS,
Full text of Commercial and Financial Chronicle : October 3, 1896, Vol. 63, No. 1632

FRASER
