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5
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nmiwrcia
Quotation
Supplement
Investors
Supplement (gm^
(Monthly)
Street Railway Supplement (sanMm^
State and City
Dana Company,
[Entered aooordlng to Act of Congress, In the year 1900, by the William B.
VOL
SATURDAY, SEPTEMBER
71
Supplement (^a^
In the office of the Librarian of Congress.]
NO. 1838.
15, 1900.
Week, ending September
at—
Clearings
PUBLISHED WEEKLY.
1900.
Terms of Subscription—Payable in Advance:
$10 00
For One Year
6 00
For Six Months
13 00
European Subscription (Inolndlng postage)
7 50
European Subscription Six Months (including postage)
42 14s.
Annual Subscription In London (inolndlng postage)
do.
do.
4111s.
SlxMos.
do.
Above subscription lnoludes—
street railway supplement
tbui quotation sopplbment
State and City Supplement
The Investors' Supplement
Terms of Advertising—(Per Inch Space.)
Transient matter.
$4 20 Three Months (13 times).. $29 00
" ).. 50 00
Six Months
STANDING BU8rNE88 CARDS.
(26
" ).. 87 00
Two Months
(8 times).. 22 00 Twelve Months (52
i
|
Messrs. Edwards A Smith, 1 Drapers' Gardens, E. C, will take subscriptions and advertisements, and supply single copies of the paper
at le. each.
B.
Philadelphia...
Pittsburg
Baltimore
,
Buffalo
,
Washington....
Albany
Rochester
Syracuse
Soranton
,
,
Wilmington....,
Total Middle..
Boston
Providence
Hartford
New
DANA COMPANY,
Publishers,
,
NEW YORK.
Portland
Fall River
Lowell
New
Bedford..,
Total New Kng..
...,
Indianapolis
Peoria
To.euo
$1,738,049,268 the corresponding
week
of last year.
,
,
Grand Rapids
Dayton
Kvausville
,
,
,
Ynungstown
,
111
Lexington
Akron
Kalamazoo
Saginaw
Rockford
,
,
,
,
,
Springfield, Ohio..
Week Ending September
Cliarinos.
Returns by Telegraph.
New York
1619,637.076
Boston.
Philadelphia
Baltimore
Chicago
St. Louis
New Orleans
Seven
Other
cities, 6
Total
,
7.33 \824
6 days
days
all cities,
1
80.1S7.097
66.634 243
14.049 077
108,71 7.7P8
87,879,136
cities.
AU cities,
1900.
6 d aj s
day
Total all olties for week.
1920.801.251
199 '1,417
1899
I900.S48.971
110.455.005
71 187 034
14.8'-6 077
104.883.249
27,819,064
5 696.793
$1 235 375,196
11-5.417.263
Canton
15.
P. Cent
-81-2
Jacksonville, 111...
Tot. Mid. West'n
San Francisco
Salt Lake City
Portland
Los Angeles
-27-4
-6-4
-5'6
Seattle
+37
+02
Helena
Fargo
Spokane
+31M
Sioux Falls
Total Paclflo
-25 5
+1-9
Kansas City
Minneapolis
$1,430,792 459
-21*7
210 463.207
807,256.809
-SI "5
St.
-233
,
,
,
Paul
Denver
Joseph
Des Moines
Davenport-
Sioux City
Topeka
The
the week covered by the
above statement will be given next Saturday. We cannot,
of course, furnish them to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above the last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering the returns for the period ending with
Saturday noon, September 8, and the results for the corresponding week in 1899, 1898 and 1897 are also given.
In comparison with the preceding week there is a an increase in the aggregate exchanges of six and a quarter
million dollars, the loss at New York being twenty millions.
Contrasted with the week of 1899 the total
for the whole country shows a decline of 15*6 per cent.
Compared with the week of 1898 the current returns record
an increase of 7-6 per cent, and the excess over 1897 is 3'8
per cent. Outside of New York the increase over 1899 is 1-7
per cent. The excess over 1898 reaches 26-7 per cent, and
making comparison with 1897 the gain is seen to be 21'6 p. o.
full details of clearings for
Wichita
Fremont,
Hastings
Tot. other West.
St.
8039.687
1,068.860
951.724
73 7 .4W)
324,107
442.844
434,712
Lonls
Orleans
New
Louisville
Galveston
Houston.....
Savannah
Richmond
Memphis.
1 072,520
866
587.148
Knoxvllle
Worth
Birmingham
Macon...
Little
Rook
Chattauooga
Jacksonville.
Total Southern..
Total all
Outside N. York..
Montreal
Toronto
Winnipeg
Halifax
Hamilton
St.
John
Victoria
Vancouver
Total Canada
-136
98 641.860
114 668,744
+45
+8
—81
89,560.632
0,618.450
6,831,223
6.815 351
650 005
8C43.474
132,422
143 445
25,677,326
18.114 065
9,944 387
33,914479
16.732 764
11,187 315
3 448,1*5
3 969.373
5.4914,148
4.4^7658
3.906.696
3.600 887
8,839 558
1.3W1 198
1,238 001
886,378
863 891
572.348
8.306,4-16
1.166.V22
1,001.-08
804.477
409 079
132 578
127 384
43 877 901
88.821.052
418,438
152.885
157,374
49 940 747
80,313 405
7,763.467
7.103 315
8.200.000
8,375.00o
5,848.895
2.821 978
Augasta
Fort
110.691.778
232823
Norfolk
Nashville.
537.204
1.460.000
1 936,335
1,251 644
884.462
2.513469
1,6298-8
1,4*1988
1294 550
1,051705
Atlanta
675719
494 857
386 892
377 900
339,000
801,689
306 700
Publica'ion suspended.
187.756
231.106
240.000
284.46*
245 622
202.266
120,031
148,9 47
170.637,207
162 628 504
22.093.944
14 0-7 287
1.622,H(i9
2.8«0 412
2,221,649
1.669 262
2,«54,4S4
6.735.765
7,167.0-fl
8.68J.000
3 492 127
2 556.526
5.8)6 859
1,648 408
1,28 .666
1.800 6 7
+37
4
+2
—31
607.660
813.656
+13-4
—0-7
488,196
282,400
241.418
386.176
226,000
258.905
—19
+2 4
+22 3
156.644
191.208
161,361
178.998
181,233
151,016
+4 9
128.605 112
12.118.158
126 883 384
15/43 452
1,305 799
2.197.986
1,860 750
6*4 418
888 894
686,998
460 000
89.508
62.707
22 770 492
10 417,271
+11
6
—19-4
+47 9
-3 3
+83 9
+62 4
+29 8
—14 3
+22 8
—24
I
—77
+826
+27*6
+12 5
— 0*
—109
+170
+8 9
+12
8
+816
+166
+40 5
+2 2
+15M
+ 23 6
+18 6
+5*2
+85
4
-Of
—38
-10 7
+109*4
-517
+5 2
+14 1
-0-5
651 8"3
6
I
491,017
578.731
R02.000
811.429
+48«
+10
880.6*6
944 63s
H3
191 604
66 097.735
898 681.781
532.165 307
118*5 9 2
7,805 557
1.546 716
1.800 000
6S7.381
676,853
459 628
1.0O744W0
—17 *
-6 2
85 818.8141
85 811727
>UU
11,840, '94
8 6'6 42H
1.671 230
1.480.2*2
709 933
675 410
1,3588*5
1.437.6 J 6
1,103.266
1,169 018
827.882
648.753
575 00
-9"7
620 612
700 000
541 308 692
534688
717281
+44 2
I
108.101.as7
87.815.462
10.780.600
5.614.853
5,622.136
4.111,869
3,103.400
2.440.977
1 622,575
1,518.416
698,131
239 745
406 5'
805.673
287.'
567 803
400 865
8
1,161,841
841 461
290,000
196 6 XI
69 907 241
,181,066 944
8,909.500
2.524 mo
1.884,232
1.575 283
818 414
655.016
374,400
+23 -7
—10 5
40 8
680 0"0
3.771559
706 676
+11
1.0 13.343
756,051
788.869.646
04.832.169
4,126,700
2,044,408
1.876.386
1,355 668
1,234,059
1,345.578
839.768
832,339
+ '23
13 645.809
16 245 650
4 636.631
1,669.147
760.8B8 063
8«.289 607
3 862 H00
1.911 955
1.2 4 514
419,1 '0
+6 2
+51
—48
+124
•
692641 031
68 156.712
1,316.421
842.424
1,435 969
5*4.169
1
1897.
1,287.808
831 4^8
681.861
575.268
291,600
1,167,234
1,320.82a
1,382 611
546 864
11,684.200
7,165.128
8,646,126
4.799,759
3,938.100
2,859.397
1.860 954
2,212 342
1,102,028
925.899
664.956
262.161
1,08,4
,
Omaha
11,119.872 668
$1,738,049,288
,
Tacoma
St.
$1,330 335 875
,
62.883.962
16 248.239
13 084 2^1
3,7 64 671,763 795
1,0:49,807
6,94 3.072
9.I82.74H
5,042 701
8,749.600
2,651 778
2.089.923
1898.
*
670.077 648
989.808.587
97.612.843
4,4 '9.200
2,210 912
1,5"8 262
1,166.667
96,7*3.226
119.872 22«
12.631,250
Cincinnati
Detroit
Cleveland
8pringrJeld,
867.361
749 901
323,200
1900
P. Cent,
854.6U
1.850,215
1,186,362
962,944
1,060.158
521.414
868 921
856,7*7
,
Milwaukee.
The following table, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, Sept. 15, have
been $1,330,335,875, against $1,181,055,944 last week and
856. Son
2,051. 4MB
Haven....,
Springfield
Columbus
CLEARING HOUSE RETURNS.
866,526,474
71.334 660
22,340. 3n6
16.904 924
4,809,384
1,856.4:0
2,194,441
1,546.742
4,090.800
Chicago
Pine Street, Corner of Pearl Street,
Post Office Box 958.
639.749.S52
65,645,2*2
24 630,569
16.635,495
4,' 18 551
1,9*0,167
2,302,861
1 519 58*
921,580
725,28 «
839,900
759.933 044
84.226. ISO
Bi ugh am ton.....
Worcester
London Agents:
WILLIAM
New York
1899.
8.
+80 6
+15 5
+10 6
4-2
1
+5 8
—16 -6
+1*7
-48
+10 4
+8
1
+13*8
+79
—06
243 332
97 057
19.573 8w7
11 f 33.031
7 029 420
5 780 6 8
8 553 '61
2.648.780
3,459.880
938.121
782.412
796 845
474.223
878 255
99 546
58 317
35.882 w79
26.311 583
5"9
5 489 674
228
360
8
3.510 0v8
4.551
1.984 91
8.894. -on
1
466 050
1,010 ?75
l,Of 6.604
797.346
473 140
441 1-9.5
564 264
848
7,740.«98
6,085 560
4 047.978
2.1 07.766
1,624.1:78
960,(00
647 104
738,200
482.707
299936
99857
111 483
84.801 ,8 19
87 680 39a
6.672 C21
6,511.127
8,788 300
4.498 867
2.444 074
2 673 040
1,871 467
1,184 120
1 015,0*5
685 468
748.873
853 871
642 207
862 901
634,( CO
244 810
0»(-
366.000
260 561
244.807
187 781
S03'2'
19*\7R-
53 7<*»725
097,327 636
437 *49 97?
14 00-1.71
7.1*2.10"
1.845 »82
1.168 749
560.121
609 54?
*4 727 111
68*73 881
897 5B»
445 250,558
11 P66 156
7,103 643
1,425 275
,187
1.246.921
587 388
697 677
88 926,060
THE CHRONICLE.
518
|
Vol. LX2I.
and a consequent decrease in the year's total yield.
At present it is of course impossible to measure;] this
THE FINANCIAL SITUATION.
Accounts of the terrible disaster which visited the
Gulf coast towns Saturday and Saturday night, and
especially the important city of Galveston and its
environs, have filled the columns of the daily press
during the week. The storm began with wind and
rain early Saturday morning, both rain and wind increasing through the day until towards night the
rain fell in torrents and the wind had become a hurricane, blowing at the rate of about 90 miles an hour
and bringing the sea water in great waves over the
The storm was at its height in
city and country.
Galveston from about 9 to 10 p. m., when the water
in the lowest sections was probably over ten feet
high, and in the houses and streets of the main
portions
town it was from four to
of
the
six
Not long after midnight the
feet high.
water began to recede and at sunrise but little was left.
Very many buildings were undermined and destroyed.
To use the words on that point in the report to Washington of General McKibbin, commanding officer of
the Department of the Gulf, "with few exceptions
loss accurately.
One cannot
fail to
acknowledge that
such disasters to the cotton plant are at first overestimated; and when they occur at the present stage
in the development of the
plant their ultimate
harm depends in a larger measure than injury at
any other season upon the weather in the immediate
all
future.
The cotton crop the current season has been thus
far noted for its set-backs.
Plans were laid at the
but bad weather all through
the planting season interfered with that purpose. In
no State was this apparently truer than in Texas. It
was amid severe and repeated floods in many sections
of that State that the seed was finally got into the
ground; and now the picking season has been signalized by a phenomenal disaster.
These facts added to
the present extremely low condition of the visible
supply, the backwardness of our crop, the erroneous estimate of yield widely adopted last season and the consequent harm done thereby to a large body of spinners, especially in Europe, have made buyers terevery building in the city of Galveston is injurtd. ribly nervous with reference to the final outcome.
Hundreds are entirely destroyed/' Of those destroyed This week, too, besides the Galveston disaster there
the occupants as a rule were either killed in them or has been another uncertainty thrown into the probdrowned in the flood; for one hardly had a chance of lem. The monthly condition reports of the Agriculescape if one went out of his house or was deprived of tural Department have, it seems, since July 1 1900
its protection.
Not only did he have the flood to con- fallen from an average of 75*8 for all the cotton
tend with, but he had the storm and wind and abso States to 68*2 September 1 1900; furthermore this
electric-light
lute darkness also,
the
and gas September average compares with 68 5 September 1
plants having become inoperative.
With regard to 1899, which was followed by a commercial crop of 9,The monthly condition figures for the
the deaths in Galveston, the reports differ; probably 439,559 bales.
the number is not far from two to three thousand. last three years will be found to-day in our Weekly
The material loss can hardly be estimated; it consists Cotton Report, and we need rot repeat them here.
not only in buildings, &c, actually destroyed, but What we have said sufficiently presents the new uncerthe effect of the disaster on business, credits, mort- tainty and its effect on sentiment when we add to it
gage debts, &c. Many think that the city is forever the fact (1) that this 1st of September report (though
ruined as a shipping port. We do not believe it. issued on the ordinary day of the Department's
There are too numerous and large interests center- monthly publications) happened to fall on Monday
ing there to permit such a result. Of course capi- afternoon of this week, and (2) that its average for
tal cannot venture to go into fixed forms in Gal- August did not accord with our weekly reports or with
veston again at all freely if it is liable to be washed general opinion at this centre. Indeed, the prevailing
out of existence every few years. But the latter is, idea has been that the average condition of the crop
we assume, a part of the problem the General Gov- improved in August, and that the prospect of the
ernment will remedy. If there is a way to protect total yield has on the whole risen since July 1. We
the city we believe that Congress will be ready to use do not wish to criticise the Department's report or to
the means for its discovery and construction; for if express an opinion as to the size of the crop. It is
there ever was a just and unquestionable claim for only for the purpose of explaining the extreme nervharbor improvement, Galveston will be in position to ousness of buyers, that is of consumers of cotton, and
present it.
of the week's market, that we refer to the facts.
start for a large acreage,
-
Under the influence of
a new and important rise
this disaster there has
been
in cotton.
There are sevan advance.
One class of reasons relates to the effect of the storm upon the early supply,
and another to its effect on the year's total crop. The
argument advanced is, that even where the plant recovers from the wind and rain the open cotton must
have been in considerable part lost. Moreover, the
arrangements for picking, baling and getting the
staple to market have been deranged, and that will in
some measure be a hindrance to an early movement.
Besides these is the important fact that the crop is a
eral reasons for
We
have had another election this week. Probably
no one needs to be told that it was in Maine. All we
wish to remark about the result is that its teaching is
in character precisely like taat
of
Vermont and only
which was in being a little
more emphatic. The two States tell the same story,
(1) that there are substantially no anti-imperialist
Edpublicans in the East that are to be found voting
against their party this year, and (2) that the voters
classed as Gold Democrats in 1896 have only in small
part returned to the Bryan organization.
There is
one further lesson both the political contests which
very late one, so that this loss to the earliest portion have been fought in these States teach one that we
of the crop is the more serious.
But there is another did not refer to a week ago in our remarks about
class of reasons offered in part explanation of the Vermont, and yet it is one to be kept in mind and
higher price; these latter reasons are based upon the heeded. It is that these States were not apathetic
claims of a permanent material injury done to the crop when election day came. The report was early in
differed in one particular,
—
September"15,
THE CHRONICLE.
1900.]
the canvass that the people took but little interest
and that the vote would be
result,
in the
turned out that the people felt
deeply the gravity of the issue, that they were full of
enthusiasm in each State, and the vote was large. It is
light.
Io.
the end
it
only this same sense of danger and this same earnestness in the rest of the country that will save the elecIf they are present in a like degree the result
tion.
in
Vermont and Maine
tells
us there
that the victory will be a decided
The
is
not a doubt
and a lasting one.
negotiations which were under
way
for
some
days for the placing of a German
They cover a purchase
States have been concluded.
by Kuhn, Loeb & Co. and the National City Bank of
loan in the United
104 against 83 on September 1 last year, in Ohio 95
against 87, in Illinois 84 against 89, and in Indiana
Missouri,
too,
has a pretty
against 95.
99
good promise, with an average of 84 against 85.
In Nebraska, on the other hand, the condition
put at only 73 against 85, while in Kansas the further decline has reduced the average to only 55,
which compares with 97 at the same date in 1899.
Kansas, it will thus be seen, has been undoubtedly the
worst sufferer from the period of severe hot weather.
As has been previously pointed out in these columns,
however, that State has had a phenomenally large
yield of winter wheat, and hence is in position to view
a reduction of its corn yield
with considerable
is
equanimity.
80,000,000 marks 4 per cent treasury notes of the
German Empire, maturing in equal proportions in
1904 and 1905. There is no syndicate, the purchasing
bankers taking over the loan upon their own initiative from the German Keichsbank (the Imperial Ger-
man Bank) through
the Disconto Gessellschaft
of
and Messrs. M. M. Warburg & Co. of
Hamburg. A public offering of the loan will shortly
be made both in the United States and in Germany;
preference in allotments is to be given to American
Payments for the loan will be distribsubscriptions.
uted over a considerable period, and will be made entirely in bills of exchange, no gold shipments being
contemplated; the money market is therefore not
likely to become affected through payments for the
loan.
It is stated on good authority that large subscriptions for the loan have already been received by
the American bankers from individuals and institutions in this country and in Europe, the New York
Life Insurance Company, for instance, taking $5,Berlin
;
519
The annual
New York
report of the
record of growth and prosperity
&
being maintained.
The way traffic and revenues are being enlarged year by year in the case of this road, which a
dozen years ago appeared to have absolutely no future,
is
still
constitutes one of the noteworthy incidents of rail-
road
during the last decade. Of course the building of the Scranton Extension effected a complete transformation in the character of the road's business, and
yet growth has not been confined to the coal tonnage,
but has extended to all branches of the service, as
may be seen by consulting the various tables in the
report.
Great care has evidently been taken to develop traffic of all kinds and in every direction. Comparing results for the fiscal year 1900 with those for
the fiscal year 1890, ten years before, we get a rough
idea of what has been accomplished in the interval.
Gross earnings are now $4,963,483; for the earlier
affairs
period they were $3,200,446.
000,000.
Ontario
Western, issued this week, shows that this property's
Net earnings stand
$1,548,565 against but $432,404, while the surplus
above charges is $359,024, whereas in 1890 it was no
at
It
is
evident from the monthly report issued this
week by the Agricultural Bureau
the cDuntry the present season
at
is
Washington that
to have fair rather
than very large crops. The Department confirms the
statements of a decline in the condition of corn during Augu3t as the result of the hot weather, and makes
the general average for the country only 80*6 on September 1, against 87 -5 on August 1 and 85-2 on the 1st
of September last year.
The average is reported 1*1
points below the mean of the September averages
for the last ten years.
Nevertheless as the acreage
is larger the present year than it was in 1899, these
indications are accepted by the grain trade as promising a'production of 2,000 million bushels. Last year
the harvest was estimated at 2,078 million bushels.
The condition of winter and spring wheat com
bined is put a little lower than a year ago, namely
69 '6, against 70-9. Estimates of the yield of this
crop range from 510 to 525 million bushels; the production of wheat last season was reported 547 million
bushels and that of 1898 .675 million bushels. The
condition of oats is placed at 82-9, against 87 '2 in
September of last year. The acreage being larger,
however, the general expectation is that the crop will
fall
only 25 to 30 million bushels below that of last
year,
more than $146,442.
The
fixed charges for the late
year were but $689,541 as against the net revenue of
over 1£ million dollars. It is important to note, too,
that in accordance with the policy inaugurated July
1899 net earnings as
inclusion
in
expenses
save only the coat of
1
hereafter be
made
now
of the
of
stated allow for the
" every
such
main
expenditure
extensions
as
may
line or branches, or
such actual additions to the motive power and equipment as increase the earning capacity of the company or produce new revenue therefor." As a result
of this policy the capital charges for the year under
review amounted to only $135,744.
The balance
standing to the credit of profit and loss account on
June 30 1900 was $4,152,513, and this represents surplus earnings (above expenses and charges) applied in
improvements and additions and in making investments designed to strengthen and increase the earning power of the property.
The road is likewise
being operated with increasing economy and efficiency, as is evident from the fact that the train-load
is being steadily enlarged, and for the late year averaged 287 tons, against 276 tons in 1898-9 and but 132
tons in 1889-90.
which reached 796 million bushels.
In respect to corn, it is well to bear in mind that
parts of the corn- belt have been favored beyond others
and will have an unusually large yield. This is particularly true of the Central Western States, namely
Ohio, Indiana and Illinois, and of Iowa. In the lastmentioned State the condition of the crop is reported
The
Galveston, referred to
above, had more or less influence upon money and a
appalling disaster at
deranging effect upon the foreign exchange market
The movement of currency to the South
and the Southwest, which had actively begun last
week, was accelerated thie week by the disaster, and
this week.
THB (TBRONTCLE
520
not only were transfers through the Treasury large,
but direct shipments by express and by registered mail
were heavy. The effect upon foreign exchange was
quite marked, and after a weak tone, caused by liberal
offerings of cotton bills, there
due to a demand
came a
partial recovery
cover sales of cotton
This temporin Liverpool for September delivery.
arily brought about a reaction which was later fol
for sterling to
[Vol.
LXXI,
whence he is expected to proceed to Europe. Gan.
Botha is also represented to be negotiating for terms
of surrender.
Matters in China are in suspense awaiting negotiations with Li Hung Chang and Prince
Ching, who have been commissioned by the Chinese
Government to treat with the Powers for the settlement of all pending questions. The Bank of England minimum rate of discount remains unchanged at
4 per cent. The cable reports discounts of sixty to
ninety day bank bills in London 3f @3f per cent. The
lowed by a decline.
There has been no change this week in the official open market rate at Paris is 2f per ce t and at Berlin
According to our
rates of discount by any of the European banks, but and Frankfort it is 4f per cent.
there was a reduction on Wednesday by the Bank cf special cable from London the Bank of England
Bombay at Bombay of its rate of discount from 4 per gained £349,961 bullion during the week and held
cent to 3 per cent. The statement of the New York £36 416,712 at the close of the week. Our corresponAssociated Banks last week showed a loss of $323,600 dent further advises us that the gain was due to the
cash, caused by the decrease of $2,711,100 in legal import of £265,000 (of which £200,000 were from
tenders and by an increase of $2,387,500 in specie. Australia, £35,000 from Germany, £-10,000 from
The loans were expanded $1,959,000, to the highest China and £10,000 from India), a* d to £85,000 net
on record, and the deposits were increased $2,794,500. receipts from the interior of Great Britain.
The
$1,022,225, to $26,056,250.
Total redemptions of extended 2 per cents up to the
surplus reserve
fell off
The
foreign exchange market has been quite active
week, though generally lower. There was a liberal supply of cotton and grain bills on Monday, which
exchange of fundable bonds for the new 2 per cents caused a sharp decline in long sterling, and there was
some speculative selling, based upon the rise in the
have thus far amounted to $332,117,850.
price of cotton caused by the Galveston disaster.
Money on call was a shade more active this week, Then came the cancellation of contracts for Septemowing to the heavy movement of currency to the South ber deliveries of cotton in this market a' d a demand
and the Southwest, and loaDS representing bankers' bal- for cables to close such contracts in Liverpool. At
ances were at 2 per cent and at 1 per cent,with the bulk the sametime there was an inquiry for cables to remit
to London in connection with the maturing instalof the business and the average 1% per cent. On Mon
day loans were made at 2 per cent and at 1£ per cent, ment of 25 per cent, payable September 14, of the Exwith the majority at l-£ per cent. On Tuesday tratis chequer loan negotiation, and the market had
actions were at 2 per cent and at 1^ per cent, with the a firmer tone until Wednesday, when it yielded to the
bulk of the business at If per cent. On Wednesday renewed pressure of bills, some of which were reportloans were at If per cent and at 1£ per cent, wiih ed to have been drawn against the shipment to Lonthe majority at
On Thursday transactions don of certificates for British Exchequer bonds. The
P er cent.
were at \\ per cent and at 1 per cent, with the bulk of tone was easy thereafter. Receipts of gold at the
On Friday loans were Custom House for the week, $17,687. The Assay
the business at 1| per cent.
at \\ per cent ai d 1^ per cent, with the majority at Office paid $916,757 49 for domestic bullion.
The
\\ per cent. Banks and trust companies have loaned Bank ot British Norih America hts received $500,000
at 1^ per cent as the minimum; each day more or less and the Canadian Bank of Commerce a like amount
money has been loantd by them at 2 per cent. Time of drafts, representing Klondike gold deposited at
contracts are freely e ffered, but little business is re San Francisco, and the last-named bank has advices
ported, and rates are 3 per cent for sixty days, '6\ per of the deposit for its account at Seattle of $500,000
cent /or ninety days and 4 per cent lor four to six gold bullion, which will be transferred through draftsmonths on good mixed Stock Exchange collateral. to this city. One incident of the week was the appliCommercial paper is inactive, and the city banks cation on Monday at the Assay Office for $5,000,000 in
are again out of
the market as buyers and golfl bars, baif of which were intended to be shipped
many of them find it more profitable to dis- on Tuesday and the remainder on Wednesday to Loncount paper for their customers and their cor- don to meet the September instalment on the British
respondents at 5 per cent. The business reported Exchequer bonds which had been bought by the Morby dealers is chiefly with buyers in the interior. The gan syndicate in August. On Monday afternoon the
supply is good and a little more than sufficient to order for the gold was canceled, the bankers decidmeet requirements; consequently there is some accu- ing to remit through cable exchange.
mulation. Not much increase in the volume of paper
Nominal rates for exchange have been 4 84 to 4 84£
is looked for before next month and in November,
for sixty- day and 4 874 to 4 88 for sight during the
when it is expected that there will be liberal offerings, week. Rates for actual business opened on Monday
which will be made to take advantage of the trade at a decline of half a cent for long, compared with
Rates are 4 per cent for sixty to ninety- those at the close of business on Friday of last week,
discounts.
endorsed
bills receivable,
day
4£@5£ per cent for to 4 83£@4 83-J, while rates for short were reduced
prime and 5@6 per cent for good four to six months' one quarter of a cent, to 4 86f@4 87. and those for
Thesingle names.
cables remained unchanged at 4 874 @4 87|.
tone was weak but it grew steadier on the following
The indications now almost unmistakably point to day in consequence of the above-noted demand for
the speedy ending of the war in South Africa. Presi cables, becoming easier on Wednesday, though withdent Paul Krtiger, of the Transvaal Republic, has, out quotable ohange. On Thursday rates for actual
close of business on Thursday, as reported from
Washington, were $18,606,250. Applications for the
this
H
with his Cabinet, found refuge at Lorenzo Marquez,
business for short and for cables declined one-quarter
I
a
—
.
September
THE CHRONICLF.
15, 1900. J
@4
86f for the former and to 4 8?^@
those for long remained
while
4 87£ for the latier,
unchanged. The tone was weak, but it closed steadier
on Friday. The following shows daily posted rates
for exchange by some of the leading drawers.
of a cent, to 4 86^
W»D.. THTTB..
SepU 12. Sept. 13.
TrrBfl.,
FBI.,
MON.
Sept. 7. Sept. 10. Sept. 11
Brown Bros
Baring,
Magonn & Co.
Bank British
No. America,.
5
80 days.
84
84
84
84
84
Sight..
488
87*
<
60 days.
4 8B
86
87*
84*
87*
84*
87*
84*
}
Sight...
88*
4 84*
488
4 84*
488
4 84*
488
4 84*
488
4 84*
488
88*
84^
87*
84*
88
88
84*
88
84
88
84*
88
88
88
87*
84*
87*
84*
}
Sight...
4
84
form the
party's attitude
in
regard to them.
"paramount"
in July will be almost whollv ignored by the campaign writers and speakers in October. This was cer-
Not seldom a
political issue presented as
the protective tariff plank in the polit-
tainly true of
—a
plank whose discussion
would have emptied audience halls in the autumn, when the attention of everyone was conical
FBI..
Sept. 14.
1
(60 days.
,
TtM*
specific
521
platforms of 1896
centrated
fate
has
on
this
the
year
financial
befallen
issue.
the
The
"trust
same
plank."
84*
84*
84*
60 days.
Very little interest has been excited in this topic of
Bank of
86
88
88
88
8b
.} Sight....
Montreal,
The people, with rather unexpartisan discussion.
84*
84*
84*
84*
84*
Canadian Rank 5 60 days.
88
88
88
88
88
of Commerce {Sight..
pected common-sense, have apparently grasped the
e4*
84
84*
84
84*
Heldelbaoh, lok- 60 days.
88
88
88
87*
87*
elhelmer 4 Co. Sight..
fact that tbe trust problem is not, as in 1888, a ques(80 days
84*
84*
84
84
84*
Lasard Freres..
88
88
Sight...
88
87*
87*
tion of attempted monopoly and extortion, but is an
4 85
60 days
84*
84*
84*
84*
Merchants' Bk.
84*
«8
4«8*
«8
88
88
8lght..
of Han ad
economic and industrial question so interwoven with
The market was steady on Friday, with rates for our commercial prestige that inquiry into the proper
actual business 4 83|@4 83£ for long, 4 86^@4 86| for regulation of such combinations must supersede disshort and 4 87^ @4 87| for cables. Commercial on banks cussion as to the quickest way to annihilate them.
4 82|@4 83 and documents for payment 4 82£@4 83i The remarks both of Mr. Bryan and Mr. McKinley on
Cotton for payment 4 82£(g>4 82£, cotton for accept- this question have been perfunctory. The only real
ance 4 82f@4 83 and grain for payment 4 83@4 83±.
effort to revive the controversy has been in the some(
J
I
}
(
5
what comic attempt of one group of politicians to
a young man has novv-a-days no chance of
living except through affiliations with a
The following gives the week's movements of
argue that
monev to and from the interior by New York banks.
making a
Week Ending
Shipped by
Received by
Banks. N. T. Banks,
Sept. 14, 1900.
Net Interior
Movement.
N.T
Currency.
Qold
Total gold and legal tenders.
13,089.000
*7,331.000
Loss
823.000
1,141000
Loss
?3,91 1,000
$8,492,000
With the Sub-Treasury operations the
f4
,263 000
319 OOC
Loss. $4,t81.00(
result
is
as
follows.
Week Ending
Banks
interior
movement,
as
above
Total goto and legal tenders.
Net Change in
Bank BnUUng*.
19.800.000
$8,492 000
2n.800.000
Loss 14 581,000
Loss 1.0 W.OCK.
•
2V711.O00
129,293.000
following table indicates the
in the principal
Loss
amount
J5,5Hl.OO0
of bullion
European banks.
Sept. 13
Bank
of
$3,911,000
Sab-Treasury operations
The
Out
Banks.
Into
Bonks.
Sept. 14, 1900.
of
Germany ....
Ans. Hung'y.
Spain
Gold.
Silver.
Total.
Gold.
Silver.
Total.
X
X
X
X
X
X
36.416.712
86.416,713 35.612.767
89 796 481 45.204.616 185.000,947 76 894,7*3
It 784,000 14.M13.000 42,097 000 26 855.000
77.915,000 7 445 000 85,360 000 93 653,000
37 891.000 9,745.000 47 638,000 30 563 000
13.6H9.000 16.804.000 30 493,000 13,0:3 000
35 613 767
47,634.907 124.629 670
13,834 000 40 H89.0O0
5.218 000 98,871.000
10,568.000
would have been glad to
have the financial question meet a similar fate. His
letter accepting the Democratic nomination issued
on August 9 ignored the question altogether. Unfortunately, he was fettered with a political ball and
chain in the shape of the populist nomination, and to
this erratic body of voters he was forced, hardly a
week later, to address a second letter of acctptance
given up almost wholly to the question of the silver
standard and fiat money. Tbis rather ostrich-like
performance naturally had the effect of preventing
any possible obscuring of the financial issue. Mr.
McKinley has been more straightforward or, perhaps, in charity to his opponent, we ougbt to say
more fortunate in being able to speak his mind
freely on all the issues of the canvass; with particular
view, of course, to those on which public interest is
we dare
say,
—
Sept 14 1899.
1900.
given party.
Mr. Bryan,
—
plainly concentrated.
41.131,000
Mr. McKinley's assertion that if the "Imperial"
issue is paramount, the currency issue is immediate,
Netherlands
4.869.000 5.645.000 10,614 000
8.705 000
2,741.000 6,964 000
Nat.Belg m...
2.888 000 1,444,000
4.495,000
4,332 000
2,997,000 1,498.000
is a shrewd and, in our opinion, correct statement of
Tot.thlg week S08.695.143 10226 516 408,960.669 297,932,530 99,701.907 397 634 437
the case. Granting the worst interpretation that the
Tot. orev. w'k <07 410 945 MX053240 *10.464,175 2w8.359.48S 1001 4 1406 898,500,894
opposition can place upon the expansion theories, real
or fancied, of the Administration, the facts remain
ME. MCKINLEY'S LETTER OF ACCEPTANCE. that the purposes alleged cannot be accomplished
It has become usual of recent years for Presidential without the support of Congress, that Congress is cercandidates to defer their letters of acceptance until tain not to be one-sided on the question last winter's
the active work of the campaign was about to begin, proceedings proved this unmistakably and that each
some eight or nine weeks after nomination. Mr. Mc- subsequent move must be made in the face of a vigorKinley has followed this practice in his formal ac- ous, alert and well-informed opposition, sustained by
ceptance of the Republican candidacy published last a powerful public sentiment. On the other hand, the
Monday.
financial question must be decided largely by the arThere are some distinct advantages in this plan, bitrary acts of an Executive who is pledged for, or
not the least of which is the opportunity it gives for against the policy in which the nation is now engaged.
the candidate to devote his attention to the issues of
We have read with some interest the controversy
the can vass which have been shown in the interven- between Secretary Gage and Mr. Carl Schurz on this
ing period to be closest to the interests of the voters. question a controversy which bears directly on the
Everyone knows that a June or July convention plat- President's attitude. Mr. Sahurz holds the opinion
form can by no means be relied upon for defining the that the new gold standard law of last March, though
principles on which the electoral struggle will really defective in many respects, would at least prevent
converge. It is rather an effort to gather up and pre- Mr. Bryan, in case of his election, from plunging the
15.446 000
1,665 000
17.111,000
15.643 000
13/00,000
26,673.000
1,385.000
16 938.000
—
—
—
sent all the issues which may later on attract the attention of voters and to declare in more or less
country into a depreciated currency, and that in any
case the present Republican Congress might easily, in
THE CHRONICLE.
522
its
closing
mentary
session this winter, so clinch, by supple-
legislation,
the provisions for maintaining
the gold standard as to render its removal impossible.
Mr. Gage contends that a President opposed to the
gold standard might, by merely declaring his intention of paying the public debt in silver, stop gold payments to the Government and create the possibility
of a silver basis; and as regards the outlook for action
by the next session of Congress, he points out the
improbability that such legislation could be secured
with the hostile verdict of the country passed upon it.
But both Mr. Schurz and Secretary Gage omitted
highly important con-
to emphaz'ze a further and
sideration, that if Mr.
would hold
office until
Bryan were to be elected he
1905, and conditions three or
four years from now may conceivably have altered
from 1899 or 1900 as the conditions of 1883 and 1884
did from those of 1880. This is a possibility that
must always be kept
in mind,
and
it is
plain
Powers and the
eventual division of the islands among them," are the
real matter of expert judgment on which the student of
the question has to rely. There will continue to be some
difference of opinion as to whether the policy pursued towards the Filipinos pending the ratification
of the Spanish treaty was or was not the wisest.
Bat the practical question, what an administration can do under the circumstances which have
since arisen, is now the chief matter for decision.
The citations from unbiased authority in Mr. McKinley's letter of acceptance, even though not new
to the reader, are worthy of fresh examination as an
antidote to Mr. Bryan's off-hand pledge to summon
Congress at once on his inauguration, and insist on
our Government's instant withdrawal from the Philipnecessitate, the intervention of other
pines.
THE ILLINOIS CENTRAL AND ITS
enough
that the automatic sifeguards surrounding the Treas
ury under present circumstances would hardly exist
rvoL. lxxi.
PROGRESS.
There are several noteworthy features in the annual
Company,
under trade reaction and stagnation.
report of
Such conditions, involving decline in public rev
enue, return of money from trade circulation and outflow of gold from city reserves would need to be met
which has come to hand this week. Perhaps the 'act
to which chief prominence will be given is the further
increase in the extent of road embraced in the system.
The new road acquired during the twelve months ending June 30 comprises in the aggregate 317 miles, and
embraces some decidedly important extensions. For
instance, through the building of the Fort Dodge &
Omaha Railroad, the company gets an entrance into
Council Bluffs and Omaha, and through the acquisition of what is called the Litchfield Division (acquired
from the St. Louis Peoria & Northern Riilroad Company) the company gets an independent line of its
own into St. Louis by way of Springfield. The company formerly used 94 miles of the track of the " Big
under the best of financial legislation by a firm, dis
We hardly need
creet and sound-minded Executive.
to remind the reader that Mr. Bryan in no respect
answers the tost, and the proposition to place him in
control of our national finances for the next four
years on the ground that conditions will stay his
hand from doing mischief now S3ems
to us
most ex-
This possibility, it will be observed, is
quite independent of any chance that Congress itself
might undertake, in the event of Mr. Bryan's election, to threaten and tamper with the existing
traordinary.
law.
It
is
thes3
facts
evils
disaster
which
of
make pertinent Four" in order to reach St. Louis.
letter of acceptance,
The extensions and acquisitions of the
shattered confidence and general
justly
Railroad
which
Mr. McKinley's query in his
whether the American people will, "through indifference or fancied security, hazard the overthrow of the
wise financial legislation of the past year and revive
the danger of the silver standard with all of the inevitable
the Illinois Central
late year are
simply a continuation of the policy which has dominated the management of the property for a good
many
note that great
It is gratifying to
years past.
success has attended the carrying out of this policy of
expansion up to the present time.
alarmed and aroused them in such success
is
The evidence
of
found in many different directions.
1896/'
The
Mr. McKinley's remarks on the Philippine question,
though not placed first, occupy much the larger part
of his letter, and are dealt with somewhat extensively,
as was natural in a case where he had not to argue
for a general policy but to defend specific Executive
For the most part this portion of the letter is
acts.
a review of the earlier proceedings in the case. It
adds little to what the public already knows, but it
makes clear, what we have frequently stated as our
own belief regarding the Philippine matter, that circumstances forced the war on our Government, and
that there has been no escape from the subsequent
chain of unfortunate events, except through abandon-
continued prosperity and progressive mandue to
agement, has been a decided help in making the new
ventures successful, for the company has been able to
excellent credit of the Illinois Central
Company,
its
borrow the necessary money to finance such undertakings at very low rates of interest say 3 and 3£ per
It appears, too, that these ventures have been
cent.
independently profitable aside from what they have
—
contributed to the general prosperity and development of the system.
not often that one finds in a railroad report
statistics that enable one to ascertain whether the
It
is
results
from a given piece of new road are proving
profitable
or the
reverse.
But
in the case of the
ment of the Philippines to anarchy.
Illinois Central great pains are taken to set out the
The concluding language of the Schurman Com- exact facts. The largest two ventures of recent years
"the Commission is of the
opinion that there has been no time since the destruc
tion of the Spanish squadron by Admiral Dawey when
it was possible to withdraw our forces from the islands
either with honor to ourselves or with safety to the
inhabitants," and that " should our power by any
fatality be withdrawn, the Commission believes that
the government of the Philippines would speedily
lapse into anarchy, which would excuse, if it did not
mission's
report,
that
what are termed the St. Louis Division, comprising the old S:. Louis Alton & Terre Hiute lines, and
the Louisville Division, comprising the Chesapeake
Ohio & Southwestern and allied lines. Tables are
given to show that the St. Louis D. vision in the late
twelve months earned net, in excess of expenses and
taxes, $672,114, while the fixed charges were only
are
$507,625, thus leaving a surplus of $164,589, or 3243
per cent in excess of charges. Similarly the Louis-
September
THE CHRONICLE.
15, 1900.]
623
earned net for the twelve months $1,- that the local traffic so largely preponderates is of im135,738, while the requirements for charges were only portance in its bearing on the traffic operations and
$820,619, leaving a surplus of no less than $315,119, results of the road.
For one thing, we get an idea of the splendid serWe
or 38 '40 per cent in excess of the year's charges.
might also refer to the still more profitable results at- vice the Illinois Central is rendering as a public
tending the operation of the Yazoo & Mississippi Val- carrier to all the communities tributary to its lines.
ley road, which was an earlier venture of the company. Its immense tonnage of the late year, viz., 16,020,836
That road in the late year earned $959,299 in excess tons carried and 3,425 million tons transported one
mile, was moved at an average charge to the users of
of its obligatory interest requirements.
ville Division
under construction, and the road of only 65 hundredths of a cent per ton per
The rate is lower even than it was in the year
parts of the Peoria Decatur & Evansville have recent- mile.
though tariff schedules in Illinois Central
preceding,
the
mileage
Taking, however,
as
ly been acquired.
reported June 30, we find that the company then territory, on account of the increased harmony
operated 3,996 miles of road. This is independent of among the roads, were very much better maintained
If the traffic of the
the Yazoo & Mississippi Valley Railroad, which is than in the year preceding.
operated as a separate and distinct property and com Illinois Central were largely through, or if it were
The Illinois Central system, composed mainly of minerals and other bulky lowprises 1,001 miles.
therefore, may be said to embrace, roughly, 5,000 miles class freights, an average of 6 5-10 mills person per
The accounts in the report are based only mile might not be considered exceptionally low. But
of road.
on the 3,996 miles directly operated. The average when it is remembered that, as just shown, through
number of miles for the twelve months ending June traffic forms only a very small portion of the tonnage,
30 was 3,845. If we compare the figures of earnings and thatj furthermore a considerable part of the
for the late year with those of some of the earlier mileage of the system runs through thickly popuyears, when the mileage was much smaller, we see lated and important manufacturing districts yielding
that the Illinois Central shows splendid progress in a large amount of merchandise freight, the fact that
In the twelve months ending no more than 6£ mills per ton mile has been realized
its earning capacity.
December 31 1886 the company operated 2,089 miles from the traffic shows at once the degree of efficiency
of road and received therefrom gross of $12,529,493. attained in the management of the property and the
In the year under review the company operated, as careful way in which it is being administered
promote the interests of the secalready said, an average of 3,845 miles of road, and so as to
tions
In
of
country
tributary to the system. As
therefrom
were
$32,611,967.
the gross receipts
the whole of the period between these two dates gross recently as 1892 the average rate per ton per mile was
The comparatively light loading of the
receipts steadily rose, year by year, with but one soli- over 9 mills.
Moreover, the gross receipts per trains and the short average haul obtained on the
tary exception.
mile in ihe late year were $8,482,as against only $5,722 traffic follow directly from the same circumstance.
Tables given in From Chicago to New Orleans over the Illinois Cenper mile in the fiscal year 1890.
the report bring out the fact that the property from tral is 912 miles, yet the average haul obtained by the
havirg had in 1890 receipts per mile which were system on its freight for the late year was less than
The company is steadily adding to its
$1,003 less than the average of all the railroads in the 214 miles.
United States, in 1899 had receipts exceeding that average train-load, and as a result of this is increasing
average by $654 per mile. As is well known, the its gross receipts per train mile, notwithstanding the
Illinois Central, under its charter, pays to the State lower average rates obtained.
For instance, in the
of Illinois 7 per cent of the gross receipts on the 706 late year the receipts per train mile were $1 29*82,
miles of line originally built by the company. It is against only $1 26-18 in 1898-99 and $1 25 94 in 1897significant of the great increase of traffic on this por- 98.
At the same time, however, and for the reasons
tion of the road, as the result of the extension of mentioned, the management have not yet found it
the system and the development of local traffic, that possible to make any " record" train-loads, such as
the yield of the percentage referred to for the late year some of the other large companies have recently estabat $762,438 was the largest amount ever paid in that lished.
After the increase the average load now is
way by the company in any year, not excepting even 221 tons, this comparing with 209 tons in 1899 and
Some
further
new road
is
the year of the World's Fair.
206 tons in 1898.
A striking fact
with reference to the traffic of the
The income account for the late year shows that
was brought out recently by President out of the revenues for the twelve months the comStuyvesaut Fish in his testimony before the Indus pany was able to meet all its charges, pay dividends
trial Commission.
The fact we refer to is that, in of oi per cent on its stock (2| per cent March 1900
face of the great extension in the mileage of the and 3 per cent September 1900) and make besides
system, the bulk of the traffic of the system remains a contribution out of earnings of $2,416,674 for betlocal.
Mr. Fish pointed out that of the 13,517,161 terments and even then carry forward a slight surplus
Illinois Central
tons of freight carried in 1898-99,83 6-10 per cent
was local and
only.
16 4-10 per cent through.
Of
the 1,840,719 tons of freight carried in the same year
by the Yazoo & Mississippi Valley Railroad, 83 9-10
per cent was local and 16 1-10 through. He said that
when he entered the seivice of the Illinois Central
Company
in 1871 the ratio of local to
through freight
was almost exactly the same as at present. In all the
years since then it has varied within narrow limits,
although the tonnage has increased more than tenfold.
This
is
a very striking showing,
and the fact
While only $3,300,000 was appropriated out
income in payment of dividends, the
amount actually available for dividends had it not
been deemed best to make the contribution referred to
for betterments would have been $5,757,274. This latter amount is equivalent to 9 *59 per cent on the present
Another fact
outstanding stock of $60,000,000.
should be borne in mind, viz., that this is entirely independent of the results of the operation of the Ya>zoo & Mississippi Valley Railroad. The Illinois Central owns the second mortgage bonds of this road, and
balance.
of the year's
THE CHRONFOLE.
524
Land Grant bonds, and
the directors
of the Yazoo & Mississippi Valley Railroad had seen
fit to apply the net earnings, over and above the fixed
nearly
all
the
if
charges of that company, to the payment of interest
on these bonds, there would have been coming to the
Illinois Central almost $1,000,000 ($959,299) from that
in the holdings of
road
now
A
[Vol. LX2.I.
Yazoo &
Mississippi Valley
Rail-
Company
gold improvement bonds of 1934, which
stand at $4,775,658 against $3,324,000 a year ago.
mortgage for $5,000,000 has been executed on the
Fort Dodge & Omaha Railroad (or Omaha Division),
it is expected to sell presently 4£ millions of these
bonds to reimburse the company for advances made.
The Omaha Division is 131 miles in length. The report points out that including this division no bonds
had, up to the close of the year, been issued by the
Illinois Central Company in respect to 314*76 miles
and
might also say there would in the same
way have been coming to it $340,921 from the operation of the Yazoo & Mississippi Valley Road for the
year preceding. The income of the Illinois Central
for the twelve months ending Jane 30, 1900, included
nothing received on the second mortgage bonds of the of road.
Louisville New Orleans & Texas Railway Company
THE CHESAPEAKE <k OHIO RAILWAY.
(Yazoo & Mississippi Valley line), whereas the income
The annual report of the Chesapeake & Ohio Railof 1898-99 includedj $463,265 derived from that
way Company shows a continuance of the noteworthy
source.
It has been the policy of the company in recent work for which the property has been so long disPerhaps this is not surprising seeing
years, as we have several times pointed out in these tinguished.
earnings
that Mr. George W. Stevens, who is now the Presicolumns, to devote large amounts out of
each year for betterments. Besides the $2,416,674 dent of the Company, was for many years the General
applied in that way in the late year, there was a Manager under Melville E. Ingalls, the former chief
similar contribution of $1,475,094 in 1898-99 and $1,- executive, and to whom so much of its progress and
726,451 in 1897-98. Altogether apart, however, from success is owing. Mr. Stevens is evidently imbued
with the same spirit and committed to the same policy
the sums taken specifically from earnings, the com
upon
amounts
as was Mr. Ingalls.
pany has been spending very large
equipment.
of
maintenance
and
It will be remembered that in the spring of the
maintenance of way
In 1899-1900 operating expenses increased, as com- present year a change occurred in the ownership of
Bat $1,764,445 the Cheseapeake & Ohio Railway, which is now conpared with 1898 99, $3,174,333.
appeared under the heads of trolled jointly by the Vanderbilt and Pennsylvania
increase
this
of
Railroad interests.
The change was made with the
"maintenance of way and structures" and "main
tenance of equipment," the total spent under view to promoting harmony among the trunk lines,
the Pennsylvania Railroad being given an ownership
the former head being $5,568,697, against $4,283,
and a representation in the property for this purpose.
497, and the total spent for maintenance of equip
ment being $3,675,182, against $3,195,936. The As soon as announcement of the dual ownership was
Illinois Central applied 28-34 per cent of its gross made, Mr. Ingalls, who had always been looked upon as
receipts in the late year upon maintenance account, a distiactively Vanderbilt man, tendered his resignaand 26*60 per cent in the year preceding. According tion both as President and direstor. A3 is well known,
to the report of the Inter-State Commerce Commission he retains his position as chief executive of the Big
for the year ending June 30 1899, the percentage of gross Four, which forms part of the Vanderbilt system,
receipts spent by all the railroads in the United States and to which, together with ihe New York Central,
on maintenance account in that year was only 25*22 have been assigned the Vanderoilt holdings in the
These matters deserve to be
percent. The Illinois Central in the late year paid Chesapeake & Ohio.
out $1,448 per mile for maintenance of way and recalled, as the omission in the late report of the Big
structures and $954 per mile for maintenance of Four company of allusion to the acquisition of shares
equipment, making $2,402 together. This compares in the Chesapeake & Ohio has been referred to in
with $2,038 spent on maintenance account the pre
certain quarters in a way implying belief in a purvious year, and with $1,767 spent in the same way per pose to withhold hidden information. As it happens,
mile by all the railroads in the United States in 1898
the facts are all well known and no one need be in
spent
only
by
the
Tho3e who uaderstand the cir$1,471
railroads in ignorance of them.
99, and with
Croup V and VI in that year, these being the groups cumstances attending the change in ownership of the
in which the lines of the Illinois Central are situated. Chesapeake & Ohio will have no difficulty in discernSuch contrasts give an idea of the liberal way in ing the reason why the Big Four rep>rt contained no
which the Illinois Central property is being improved comment on the event. The chief executive of the
out of earnings.
Big Four was averse to discussing a matter which so
From the company's balance sheet, we see that cur- immediately concerned himself.
rent liabilities now exceed current assets in amount of
The part played by Mr. Ingalls in the development
$1,551,414, whereas on Juae 30 of the previous year the and upbuilding of the Chesapeake & Ohio can hardly
It is evidence of the broad and
assets exceeded the liabilities in amount of $1,006,755. be exaggerated.
railroads
under construe catholic spirit dominating those now administering
The item of advances to
however,
daring
increased,
the
twelve months the property that this indebtedness is freely and
tion has
from $2,052,090 to $5, 149,857. All the $60,000,000 of graciously acknowledged. At the time when Mr. Inauthorized stock is now outstanding, the 7£ millions galls tendered his resignation last January the board
held in the treasury twelve months ago having, as is of directors of the Company adopted a resolution exknown, been disposed of. The funded debt has been pressive of their recognition and appreciation of
reduced from $107,262,925 to $104,639,925, mainly his services during the twelve years in whioh
The resolutions
through the retirement, as announced in the last re- he directed the company's affairs.
port, of the $2,622,000 Two-ten 4 per cent gold bonds. declare that "under his management and through
The aggregate of bonds owned has increased from his foresight and energy the Chesapeake & Ohio
$34,615,230 to $36,209,889, the increase being chiefly Railway Company has risen from a discredited
source.
We
September
THE CHRONICLE
15, 1900.]
and inefficient line of insignificance to a prosperous
and thoroughly efficient trunk line." These words
are none too strong, and President Stevens, who was
so intimately associated with Mr. Ingalls, has had
them reproduced in the present pamphlet report. The
report also prints the deserved tribute paid by the
board to the late Oharles H. Coster of the firm ^ of J.
P. Morgan & Co. That great banking house reorganized the Chesapeake & Ohio and placed it on its feet,
and Mr. Coster was the instrumentality through which
the work was accomplished. No praise of him can be
for extraordinary expenditures for real estate
in a
It was considered a great
examined.
achievement when the report for the previous year
showed an average train- load of 425 tons. But during
the late twelve months this average was increased by
63 tons, bringing it up to the remarkable figure of
488 tons. What an element of economy this is will
appear when we say that with an addition of 440
millions, or 18 per cent, to the tonnage movement one
mile, the increase in freight train mileage was less than
153,000 miles, or only about 2£ per cent. It results
from the Bame circumstance that the management
were able to bring up the earnings of the freight
trains from $1 53 per mile to $1 67, notwithstanding
a further decline in the average rate realized in moving the tonnage.
Such economies of management in the case of the
Chesapeake & Ohio are absolutely necessary. The
annual report of the Norfolk & Western last week
showed a slight recovery in the rate received per ton
per mile. Not so the Chesapeake & Ohio. Here
there has been a further decline, and moreover the
average has now got down to the phenomenally low
figure of 343 mills per ton per mile.
In other words,
the good income results of the late year were obtained on
an average
freight
rate
for
the
entire tonnage but little larger than a third of
a cent per ton
per
mile.
When the coal
tonnage is separated from the total tonnage and
treated as a distinct item by itself, we get figures
which are perfectly astonishing and which bat a
short time ago would have been considered inconceivable.
We quoted President Fink of the Norfolk
& Western as having said that rates on tidewater
bituminous coal in the late year had reached the
are
lowest level in the history of that road. The Chesapeake & Ohio report furnishes convincing testimony
to the truth of this statement, for the average on coal
is seen to have dropped over 25 per cent during the
twelve months, falling from 2-74 mills to 2*02 mills.
The reader should not fail to observe that this latter
only one- fifth of a cent per ton per mile, and that
hence on its coal traffic the road was obliged to move
five tons of freight a mile in order to earn one centl
is
Owing
to the increasing efficiency with which the
property has been managed, the income results are
better than for the previous year.
The gross earnings of course were the largest in the company's history, having farther increased $1,392,231 over the
lump sum
against profit and
The
loss.
practice had been to charge a proportionate
previous
amount
against income each year.
RAILROAD GROSS EARNINGS FOR
A UG UST.
We
results
and new
equipment, but even then there was left $807,886, a
sum larger than the surplus of $706,130 for the previous year, when a dividend of 1 per cent was paid.
We notice, however, that the whole amount of the
discount on sales of general mortgage i\ per cent
bonds, aggregating $1,103,513, has been charged off
too high.
have stated that the present report shows a con
tinuance of the noteworthy work of previous years.
This becomes strikingly evident when the operating
625
As expected, gains
now
smaller both in
in
railroad
amount and
gross
ratio.
earnings are
And
yet, all
the improvement continues reWe present below our compilations
things considered,
markably
large.
month of August, and they show an increase
on somewhat more than 101,000 miles of road of $3,for the
614 per cent. This is the result in face
of a smaller corn movement in the West, a smaller
cotton movement in the South, and at a time, too,
when trade has been noticeably slackening and when
460,551, or
enterprise has in a measure been held in check by the
Of course some
Presidential canvass.
of the separate
roads reflect the presence of one or another of these
adverse influences, but collectively the results are
surprisingly good.
A
which should not be overlooked, either, ig
that the improvement this year follows particularly
noteworthy improvement last year and improvement,
too, in the two years previou s*
In August 1899 our
statement showed $6,815,170 gain, or 13-48 per cent,
while in the same month of the two preceding years
the increase was respectively 2£ and 5 million dollars.
Here are the comparisons back to 1896, both for the
month and the calendar year to date.
fact
Earnings.
Mileage.
1896
1897
1898
1899
1900
Tear
Tear
Tear
Tear
Given.
Preceding
Given.
Preceding.
August.
Miles.
Miles.
(186 roads).
94,119
97,862
93.413
95,784
99,436
99,415
97,933
(123 roads).
(137 roads).
(118 roads).
'111 roads).
98,829
100,189
Jan. 1 to Aug. 31
1896 ,121 roads)..
1897 1119 roads).
1898 (127 roads).
1899 (116 roads)
1900 (111 roads)
The
grain
101,222
92,900
96.833
98.829
100,175
101,222
$
Increase
or
Decrease.
67,374,907
$
9
41,444,183 Dec. 1,082,414
40/65,379 Inc. 4 971.268
46.582,664 Inc. 2,297,468
60,6^9.787 Inc. 6,816470
69,840,941
56.330,390 Inc. 3.460,551
92,164
96.055
3C0.782.213
315.225.26H
98,486
356,776.184
99,1a
899,700,12
441.423 17*
285,668,821 Inc. 15.123,893
805,869.646 Inc. 9.855.628
822.089,51': Inc. 84,706.917
867 68^,171 Inc. 32,111,963
S93.341 .635 rnr.48 0^0,640
97.R33
40,361.739
46,066,637
48,880,008
movement on the whole was
irregular,
both as between the various cereals and as between the
different primary markets. In corn, as already stated,
there was a falling off, the receipts at the West for the
five weeks ending September 1 being 13,214,137 bushIn
els in 1900 against 20,504,874 bushels in 1899.
miloats, likewise, there was a decrease of about two
lion bushels, besides which there were smaller decreases in barley and rye.
In the wheat movement,
on the other hand, there was a very marked expansion, the receipts aggregating for the five weeks 33
million bushels against 20 millions last year.
The gain,
however, was almost entirely in winter wheat, though
Minneapolis, a spring-wheat point, also enlarged its
total of the preceding year, which previously had total. The augmentation at Kansas City and St. Louis
been unexceled.
The net increased $381,976 or was very large, reflecting the excellent winter wheat
almost 10 per cent.
After providing for all crop raised the present year in the Southwest; the
charges there was left a surplus
at Chicago (which receives both winter and
$1,156,- gain
of
582
against
a
similar
of spring wheat) was also, we are able to say, entirely in
1898 9
surplus
in
$706,131.
Out
of
this,
$348,695
was
set
aside
winter wheat.
The
following
is
our usual table.
——
.
.
THE CHRONICLE.
526
RECEIPTS OF FLOUR AND GRAIN FOR FIVE WEEKS ENDING
SEPT. 1 AND SINCE JANUART 1.
Chicago—
6 wks. Aug., 1900
Flour.
Wheat,
Corn,
OaU,
Barley,
Rye.
(bbls.)
(buth.)
(bush.)
(bush.)
(bush.)
(bush.)
458.101
12,812.571
888,63^
17.8P8.588
64.185.S88 8,886,621
76,228,818 6,011,471
173.846
2 JZ.762
1.277.19^
1,818,073
708.20(
6,943,701
508,650
640,5n0
6,222,250
8,84d,9X
3,618,021
62,500
107,649
661,700
976.561
1,754.900
3,379,730
17,156 490
16,608,660
1,607,760
1,162,266
8,810,746
7,670,676
6,000
4,586
662,260
324.036
40,429
26,13^
266.B49
223,146
1,881.271
3,991,025
3,943,113
12,674,740
1.334,303
1,021,848
15,2 -49,93$
10,165,746
1,865,400
955,000
3,638,538
2,5l5,«;9
40,500
125,000
301.3M)
601,600
67.972
67.711
157,406
672,121
36.800
26,700
170,300
158,215
822,758
619.776
1.335,748
2,326,788
868.278
267,186
2.134.9S0
1,986,794
438,450
172.188
1,458.980
761,998
1.976
835,830
118,008
65,347
63,762
188,766
21,903
227,465
647,043
1.586,651
2,684,831
891,654
674,158
7,869,394
4,561,293
2,309.691
1,160,752
7.360,908
4,880,760
75,000
36,150
350,3)0
299,450
1,400,650
1.459.W0O
10,499.450
11,367,350
2.088.800
1,641,050
7.460.HO0
6,449,760
21,000
27.000
806,600
628,800
17,100
6,600
102,900
78,100
1,270.808
2,648,264
21,612,254
24, 649,85S
267,081
510,625
2,873,308
6,734,661
29,655
16,288
629,0t4
2,746,791
75 801
188,664
334,620
582,793
46.196
101.667
208,694
596,681
6,325,890
4,179,970
47,683,839
48,574,H36
821,651
315,810
3,907,041
6,871,130
768,190
583,840
4,8' 6,870
7,442,540
262,290
30,780
1.037,960
10,800
805.195
3,900
8 911,600
547,250
887,000
6,074,370
6,625,260
342,400
5 wits. Aug., 1899
Btnce Jan.l, 1900
Since Jan.l, 1899
526,605
473,953
6,727,519
3,661,249
8,281,648
2,167,87a
17,879.331
17.081,932
6,441.440
11.289.977
71,974,632
85,315,679
Milwaukee—
5wka. Aug., 1900
333,615
5 wks.Aug.,18»9
Since Jan.l, 1900
Since Jan.l, 1899
4 01.0 15
1,933.660
1,776,395
640,250
759,788
5,639,300
6,296,249
606,960
819,240
8,641,260
6,278,840
184,705
161,025
1,036.09a
832,215
5.288,361
2,849,92a
11,497,624
6,919,488
88,577
70,856
683,716
163,590
Bt.
.
[Vol. LXXI.
crop the present season is a failure, or the Middle
West, where the winter-wheat crop was poor and
manufacturing activity has somewhat diminished, or
from the South, where the cotton-crop movement was
smaller and the iron and steel trades have been
The following
slackening.
is
a list of the changes ex-
ceeding $30,000, whether losses or gains.
653.20C
Louis—
6 wks. Aug,, 1900
6 wks. Aug., 1899
Since J an. 1.1900
Since Jan.l, 1899
Toledo—
5 wks. Aug., 1900
6 wks. Aug., 1899
Since Jan.l, 1900
Since Jan.l, 1899
Detroit r> wks. Aug., 1900
6 wks. Aug., 1899
Since J an.l, 1900
Since Jan.l, 1899
Cleveland—
6 wks. Aug., 1900
6 wks. Aug., 1899
Since Jan.l. 1900
PRINCIPAL CHANGES IN
Since Jan.l, 1899
,
.
Peoria—
5 wks. Aug., 1900
5 wks. Aug., 1899
Since J an.l, 1900
Since Jan.l, 1899
45,300
b6.500
589,820
268,id03
Duluth—
6 wks. Aug., 1900
6 wks. Aug., 1899
Since Jan.l, 1900
Since Jan.l, 1899
663,500
912.186
2.806,7:26
2,691,680
Increases.
& St. PauL.
N.Y. Central
Chesapeake & Ohio...
& Rio Grande.
Choo. Oklah. & Gulf..
St. Louis & San Fran.
Denver
Gt. Northern System.
Canadian Pacino
Pere Marquette
Southern Railway
Cleve.Cin.Chic.& St.L.
Buffalo Rooh. & Pitts..
Wabash
Mexican National
We
annex our usual six-year comparison of earnings
more prominent roads, arranged in groups.
ior the
EARNINGS OF NORTHWESTERN AND NORTH PACIFIC GROUP.
August.
14.86')
13.185
190,812
114,626
Kansas City—
6 wks. Aug., 1900
6 wks. Aug., 1899
Since Jan.l, 1900
Since Jan.l, 1899
8,061,000
18,555,91s
12,648,460
3()0,0u0
lotal of all5 wks. Aug., 1900 1.813,877 38.210,451 13,214,18- 22.746,007
6 wks.Aug.,18»9 2.114,748 20,849,791 20.bOl.874 24.510.071
Bince Jan.l, 190 14,176.918 12^,934,019 141.410,761 107218089
Since Jan.l. 1899 9.015,970 134.133.720 152.4 14.702 118075201
i
The foregoing
1900.
428.322
598,818
18.566,3"0 8,028 >94
il.888.431 4.652.347
1,373,341
1,72\299
figures, as already stated, cover the
weeks ending Sept. 1. At Chicago we have the
results for the even month, and there we find the deliveries of wheat, corn, oats, rye and barley aggregated 24,866,691 bushels in August this year, against
1899.
t
Burl.Ced.R.&No
Ca mdlan Pacific.
Ohio. Gt. West...
Ohio. Mil. & St. P..
Duluth 8.8.4 Atl.
1,867,506
1,605,000
.
Central
Illinois
AUGUST.
$=>7,284
$325,034 Central of Georgia
55,046
274,210 Nash. Chatt. & St. L..
51,920
241,140 Hocking Vali ey
48,700
236,299 Rio Grande Western..
48,4 47
217,994 Toledo & Ohi o Cent.
40,981
206,857 Mo. Kans. & Texas...
37,694
200,364 Pitts. Bess. & L. Erie.
31,961
188,639 Chic. Great Western..
187,900
Total (representing
165,700
29 roads)
$3,425,311
123.131
115,741
94,963
Decreases.
$62,434
94,«77 Wisconsin Central
54,369
91,908 Louisville & Nashville
51,621
85,228 Minn. St. P. & 8. St. M.
78,577
64,360
Total (representing
$168,424
60,587
3 roads)
Missouri Pacific
Baltimore & Ohio
Norfolk* Western....
Minneavolis—
6 wks. Aug., 1900
5 wks. Aug., 1899
Since Jan.l, 1900
Since Jan.l, 1899
EARNINGS IN
Increases.
Northern Paciiio
Ohio. Mil.
187.2S2
GROSS
Great Northern..
Iowa Central
428.415
1
433,659
2,669,000
2,474,037
619,663
587,702
450,579
2,210,865
526 410
3,594,687
3,876,693
3,019,788
>
St.Paulft Dul.
)
1896.
1896.
t
887.537
•
847.748
395 547
2,232,116
1,887 43f-
1,675.368
488 693
414,855
2,780 614 2,624 866
2.662.986
%
254.440
246,859
181,672
+2.413,566 +2,297,814 +2,008,418
190 083
225.104
*m.683
170.122
$
408.985
174.696
118.092
1.777,585 1,710.297
1,436,209
161,736
129.764
193.7H
170.
314,238
315,078
285,776
142.888
194,815
267.299
•2,658,802 •2,269,876
1,823.660
1,865.613
1,779,105
190,992
169,926
138,570
532,68!5
451,378
419,91?
139 460
402 030
154,518
462,803
14,117,901 13,641,694 12,083,039 10,894,228 10,051,996
9,082,690
Minn.* St. Louis.
M. St. P. & S. S. M.
North'n Pacific,
1897.
1898.
24F.534
326,834
2,983838
Wisconsin Cent'l.
j
470,254
289,889
192,881
378,455
ne
five
Total
Includes proprietary lines Id these years.
+ In these years includes the earnings of Spokane Falls
$ Fourth week not reported; taken same as last year.
*
live-stock
movement
at Chicago,
proper to
say, was heavier than a year ago.
From the table
which follows it will be seen that 617,760 head of
hogs were brought in in August this year against
it
is
572,091 head in August last year. We may add that
the receipts of live stock as a whole at Chicago aggregated 23,110 car-loads this year, against 21,896 carloads in 1899.
RECEIPTS AT CHICAGO DURING AUGUST AND SINCE JANUARY
August.
1900
^~
Wheat bush.
Corn... bush.
Oats... bush
Bye ...bush.
Since January
1899.
7,664,248
4,696,040
1893.
1900.
1899.
1898.
1,922,317
2,945,060
17,378,831
16,879,506
9,748,727
11,618,400
71,762,032
11,933,362 18,134,833
162,091
197,932
11,400,426
63,664,600
84,247,429 83,112,813
74,134.423 66,494,732
389,044
669,279
1,263,923
1,795,314
1,853,438
8,852,321
5.918,649
6,932,165
421,960
Barley.bush.
762,485
1,199
8
Cutm'ts.lbs.
12,528,477
15,283,027
lbs.
2,866,130
Live hogsNo
617,76c
8.065.988
672,091
Lard
The
cotton
544
4,454
952
2.642
18,635,765 122.0S7.123 137,679,978 167.964,094
8,917,280 89,146,176 49,187,1-2 51,884,214
624,151
6,617,993
6,820,021
5,693,710
movement
in the South
never large
This year, on account of the shortage in
last season's yield, it was smaller than usual.
At the
Southern outports the receipts were only 40,807 bales
in August.
against 106 511 bales,
and the shipments overland
were 17,517 bales against 45,170 bales.
la the case of the separate roads, decreases are ob
servable in a number of cases, but they are smaller and
less numerous than might have been supposed likely.
Oat
of
the
111 roads coatributiug returns, there
and small. They come
mainly from the Northwest, where the spring-wheat
are only 27 decreases, large
Cent, of Georgia.
Ohesap.ft Ohio...
Mobile ft Ohlu+...
Nash.Chat.ft St.L.
Norfolk ft West..
Southern Ky.
1897.
$
~v~
1896.
1896.
$
136.964
394,196
484,447
417,012
882.269
1,805,668
1,106.299
1,038,306
1,006,409
S
123,440
882,741
862.25V
415,767
125,404
127,508
417.848
804.707
265.600
886,747
320.891
108.022
118,931
112.489
98,846
95,327
91.429
89.106
82,706
2,235,641
428,309
116,091
109,935
2.290,009
1,866,746
1,778,103
1,650,78*-
1,727,160
469,300
578,575
493,200
523,529
Georgia
San.C.Mem.&Bir.
Loulsv. ft Nashv.
$
1898.
*
168,905
491,731
Cln.N.O.&Tex.P.
i70,sn
81?,109
828,640
625,933
490,708
945.922 1,011,672
1,298,997 1 1,062.705
c2,640,917 C2.549.009
9,858.105
135.748
160,391
C2.128,0:6
1,747,365
8,019,660
7.374,32>
Memphis Dlv:l
9,278.757
;
279,13';
260.818
401,020
409,803
8 0.078
847,633
1442,002 1,638.678
107,806
P5,70c
6,684,286
6.776.140
+ Includes Montgomery Division In 1900 and 1899 only.
c Figures for 1900, 1899 and 1898 include South Carolina ft Georgia, Mobile
Birmingham and 161 miles of Atlantic ft Yadkin and Atlantic & Danville.
t Figures are approximate, same as for 1900; actual earnings were larger.
ft
EARNINGS OF MIDDLE AND MIDDLE WESTERN ROADS.
BufT.Roch.
ft
ft
$
8
187.628
488,346
466,823
Ann Arbor
Chicago
1899.
1900.
August.
Pitts
East 111.
Chtc.Ind.ft Loulsv.
132,391
409,769
447,9,-8
1898.
1897.
$
126,539
861,769
$
105.392
292,646
879.364
309.230
128,442
122,694
230,019
300,818
306.969
98,445
111,809
147.452
1896
1896.
8~
8
93.681
296,966
296,645
246,777
114,486
104,758
275.016
S39.663
887,483
369,658
150.628
143,887
885,563
198.687
269,203
*..
2,806,913
2.617,276
2,871,9,16
2,175,681
1.660,868
1,75 i, 741
668,561
522,278
& West.
616,630
754.808
326,717
189,978
81-5862
546.278
130,790
888.827
509 601
182,687
653,258
176,840
603,427
611,407
iiOU.Evans.ft St.L.
146.074
899,92-
144,378
376,900
+837.6^6
+616,312
+518,85?
+518,378
£93.263
170,598
83.946
301.356
143,914
271,6:46
2 19,666
801,386
108,107
180,511
186.195
87,645
814.471
70.14'
59,466
6,863,527
Elgin Jol.
&
354,993
154,130
Bast.
Evansr.&Terre H.
Hocking Valley...
Central
Long Island
Illinois
is
1899.
1900.
Alabama Gt. So.
15,639,210
Total grain 24,866,691 28,768.294 27,042,208 162,911,710 182.985,361 174,032.376
475,280
Flour ..bbls.
483,336
281,689
6,703,418
3,536,589
2,926,068
Pork....bb)s.
August.
1.
1.
Northern.
EARNINGS OF SOUTHERN GROUP.
28,766,294 bushels in 1899, 27,042,208 bushels in
1898, and no leas than 44,341,544 bushels in 1897.
The
ft
«.
T. Ont.
134,190
Pere Marquette.
Pittib'g A Wett'n.
t'ol. A Ohio Cent.
Pol. Peo. ft West.
West. N.Y. ft Pa..
Wheel, ft L. Brie.
Clev. Can.
Total...
ft
So..
660,129
810,487
178,616
225,063
98 808
»3d6,l89
93,301
865.039
,
|
213,101
264,027
8,2 9,694
<
7,678,800
91,4
1
314,166
88,780
103.209
91.360
339.648
48.088
312.812
103.587
61.69S
0.020,869
5.478,69?
5.906,645
73,129
130,687
70,051
Includes the operations of the St. Louis Alton ft Terre Haute for all the
The Chesapeake Ohio \ Southwestern and Ohio Valley are Included for
900. 189H. 1898 and 1897, and Chicago ft Texas for 1900, 1S99 and 1898. Results
Vi«(wi
Rrannh are m>t Included 'or 19o0. 1*99 and 18U8.
on
otaN on the Chicago ft West Michigan. De+ These figures are slnvlv thr
troit Grand It *pids ft Western, Mint ft Pere Marquette and Sagluaw TuseoU ft
*
rears.
I
Huron.
• August
19)0, not reported
;
taken same as
1899.
.
.
September
.
....
)
..
.
THE CHRONICLE.
15, 1900.]
BAJRNINOB OF
Qrots Earnings.
SOUTHWESTERN GKOUP.
Name
August.
1900.
627
1899.
1898.
1897.
1896.
1895.
»
$
f
t
f
of Road.
1899.
1900.
Mileage.
Increase o>
Decrease. 1900.
1899.
$
f
Col. Midland.
167,862
167.882
122,924
Den.&RloUr.
1,017,800
829,90>
784,090
484.641
S07.29&
472,460
232 87P
1,141,616
1,100.634
2,97d.000
'Z,
Int.* Qt. No.
K.C.F.S.&M..
300 469
Mo. K. & Tex
Mo. P. Air. Mi
R. Or. West
Bt. L.
A
S. Fr.
r
163,683
684.737
295.3H9
138,666
161,429
624,467
267.4H7
668 5:
f22U646
433.700
881,311
2,057,907
227,991
409,844
906,65V
438,121
S79.011
9b7,769
9^8,580
01 .790
2.468,412
2,521,245
l,9B0,72v
4*1,100
872,701'
272,963
284,938
807.867
e84,73i
601,265
615.306
379.686
666,580
218.323
516,39t
.
8t.L. Southw.
481 36-<
466,693
TexaiA Pac
645,162
623,642
415,238
637,668
8.432 064
7.706,606
6,741,980
537.827
843.903
884.P48
460 381
472,8t9
6,937.243 5,911,776
6,066,197
A St.
578.575
5,112.067
;
EARNINGS OF TRUNK LINES.
1899.
1900.
1896.
1897.
1898.
1895.
"'"$""
1,460,839
167.565
1,866,611
1.809.660
1,250,008
$
2.298.366
540,953
1.120,960
178,407
162.60*
176,82:
140,60=.
1,643.222
2,064,26P
1,628.216
9P.641
1,712,518
2,088,603
100,519
4,107,090
4,246.879
4,049,881
11.371.' 88
(
2,49?,45f-
\
615,699
$
2,371,830
690,662
1
Bal.
A Ohio
3,744,678
(
B.AO.S.W.
C.CCAStL
Peo.AEast
G.T.of Can.
i
D.G.H.AM
\
1,627,316
1,462.966
1,288,293
1.218.182
90,319
8,758,860
1.063,203
14.0»0,»rt7
1M7H.8R1
11.693.43^
11.665.926
10,66«,478
I
N.T.C.A Ht
Wabash....
Total
3,603,438
6,112,067
.
4,905,210
$
9, 244 .492
692,246
1,292 294
178,424
1,641.991
103,342
1,273.868
t Includes after July 1, 1898, the Beech Creek
1, 189», the Fall Brook system.
RR. and Walklll Valley RR.
416,230
352
352
47,418
421,400
9,285
807,867
St. Louis A 3. Fran..
481,368
8t. Lotus South wes'n
167.555
St. L. Van. A T. H.
100 947
San Fran. A No. Pao.
74,099
bant a Fe Pres. A Phx
3«,567
*her Shrev.ASonth..
So. Car. A Ga. Ext.
20.846
16,531
South'n Mo. A Ark's.,
southern Railway..
2.640,917
140,>-46
T.Haute & Iodianap.
42.2)2
T. Haute A Peoria...
32,524
Texas Centra]
Texas & Pacific
645.152
43 966
372,7(0
43,452
448,7oo
180
610
180
584
44
A West....
& Western.
516.680
Y.Ont.
Norfolk
Northern Pacific
3hlo River
Pere Marquette
& L. E
& Western..
Pittsb. Cl. A Tol.
Pittsb. Pa A Fair,
Pittsb. Bess.
.
Gross Earnings.
Name
of Road.
Alabama Gt.Sonth'n
Ala.N.O.Tex. A Pao —
N. Orl.ANo. East..
Ala. A Vlcksb
Vioksb. Shr.&Pac.
Ann Arbor
Atlanta Knoxv.&No
Atl. Valdosra A W...
& Ohio. 7
& O So'wn. 5
Ba'titnore
Bait.
Belief onie Central..
Buff. Rooh. <fe Pittsb
Burl. Ced. R. &No...
Canadian Paolflo
Central of Georgia.
Slo Grande South'n.
Rio Grande Western
it L. Kennett A So..
310
310
150,204
60.7H7
53.048
127,528
46,455
17,536
143,388
57,098
49,946
132.391
37,416
12,456
4 6,816
196
+3,669
+3.102
-4 863
14?
188
292
4 9,039
228
114
196
143
18b
292
228
3,744,578
3.503,438
2,784
3,075
409.769
433,659
1,305,66?
Chlo. Ind. A Louisv.
Ohio. Mil. A St. Paul
Ohio. Peoria A 8t.L.)
St. L.Chio. & St.P. \
Chio. Term. Tr. RR..
Choc. Okla. A Gulft.
Cin.N.O. ATex.Pao.
Clnn.Portsm'th A Va
Clev.Cin.Ch.A8t. L..
Peoria A Eastern .
Clev. .Lorain & Wheel,
Col. Sand. A Hook'g.
Denv. A Rio Grande
Dnl. So. 8hore A Atl.
East St. L. & Caron..
Elgin Joliet A East.
Kvansv. A Indianap.
.
vansv. &
Haute.
Find. Ft. W. & West.
Ft. Worth & Rio Gr..
T.
Gadsden A
Georgia
©a. South.
Att. Un..
& Florida
Gr. Trunk of Can. . .
Det.Gr.Hav.AM.
No.—8. P. M. A
>
\
M
Gt.
Eastern of Minn..
Hooking Vallev
Illinois
Central
Internat'l
Gt. No..
Interoeeanic (Mex.)..
Iowa Central
Iron Railway
Kan.C. Ft. 8.
.
& Mem
.
Kan. C. Mem. & Blr..
Kan. City &N. W...„
Lehigh A Hud. River.
Long Island
RR
Los Angeles Term'l
Louisv.Evans.&St.L.
Loulsv.Hend.&St.L.
Louisv.
117,864
120,597
116,061
284,000
415.76:
37,829
103,918
118.300
4?8,209
35.263
1,45' ,839
1,365.611
178,407
180,641
82.298
829,900
167.565
186.441
86,894
1,017,800
254,440
13,6«4
154,13
32,327
134,190
11.3^5
26.406
1,432
125.402
88,309
A Nashville..
Macon & Birming'm.
Manlstiaue
Mexican Central
Mexican National.
Mexican Railway....
Mexican Southern...
Minn. &8t. Louis...
Minn.8tP.A8.8te.M
Mo. Kans. A Tex. svs
Mo. Pao. &. Iron Mt.
Central Branch.
Mobile Jack. A K. C
Mobile A Ohio t
Mont. A Mex. Gulf
.
245,859
13,380
150,626
36,433
143.837
13,465
32,838
4 2,381
105
420u,364 1,476
711
48,835
92f
431,961
547
—4,665
4217,994 6,397
292
—2,733
102
412,143
632
4165,700
—12,442
336
111
42,566
485,228 1,89)
352
—10,842
192
45.800
273
44.596
4187,900 1,675
48,581
4314
43.504
—4,10e
—9,647
—2,090
-6,43v
58V*
13
194
140
174
82
146
30
338
1.136
6.952
1,524
10'
1,445
64*-
929
537
6,397
292
83
282
33t
111
1.838
352
192
27 3
1,673
589
13
1^4
14'
167
82
146
4121
11
11
410,311
307
285
30-:
424,333 3.10'
49.070 4,598
35.
4109,09
—2,419
262
34t
451.920
4188,638 3.996
3,707
775
555
540
20
172
973
276
775
655
509
l,862,9 t>6
1,853,926
263,682
180.206
335,? 63
2,617,275
*277,9(>0
307,299
*305,140
yl26,278
2/139,699
4.64 8
69.971
482,641
127,508
33.542
40,662
566,561
20,311
182,587
54,217
2,235.640
7.528
10,178
1,2«8,680
629,416
*336.80(
*42,4
245,^34
32r,834
1.141,5 5
2.8 7,000
149.000
9,789
469,300
122,489
6,366
52,901
472.450
i:
-<
71
2,935
1.311
2,064,269
300,459
45,0a0
4241,140 3,169
—291
30
472
478.577
—5,244 1.170
494,96
7.438
457,284 1,641
1899.
115,091
88.3:2
2.088.602
2,805,91:-*
A
Kanawha & Mioh
456,823
619,663
354.993
3,594.687
372,772
177,78387,483
Montana Central.
Increase or
1900.
Decrease.
—1,396
.
109,9' 5
33.53?
40.955
553,253
15,158
176,34(i
53,585
2,290,009
4.511
8.367
1,278,399
568.S-49
*333,200
*43.lO239,889
—73
— 6,8«0
-27,240
—13,4 21
—1,718
417,070
410,191
417.55
285
4,549
304
262
346
3.679
20
172
973
270
4'0
-293
174
9(
90
413.30*
45,153
46,247
379
50
372
166
379
50
372
3.14
97
3 033
9
4632
—54,369
4 3,<il7
41.811
410,v81
460,567
43,600
—0 28
174
16#
59
59
2,054
1,266
2,0 6
1,266
321
321
1
45.645
508
228
508
378.45."
-51.621
1,100,534
2,568,954
132,836
7,098
440.981
4258,04*
1,578
2,20f
4,938
1,195
2,197
4,938
38^
50
870
388
390
390
490.200
120.690
224
1,789
203
Pol.
Peoria
9,6
225,063
98.808
1,527,316
264,027
470,254
332,318
A West'n
Wabash
A Lake Erie
Clev|Can A So $
*heel.
.
Wisconsin Central..
A
Miss. Val...
Total (111 roads).
8.50^
684,7b 6
455,693
172.916
97,082
73,674
25,342
18,640
12,673
2,54^009
144,79"
41,145
25.502
623,642
7.000
176.616
98.301
1,462,956
238,101
532,68=
353,956
4785
4123,131
425.675
—5,361
43,^65
+ 425
HI, 225
42.2o6
43,85*
491,908
— 3.*- 45
41,067
47.' 22
42
1.
5 Hi
42,600
448.447
450
464,36>
425,926
-62,434
—21,638
44
1,659
1.258
158
165
224
155
182
94
6,435
80
174
215
1.517
38
1,402
1.258
158
165
224
155
182
94
6.277
80
174
176
1,492
38
371
248
371
248
2,358
2,326
247
937
247
937
1,030
1,001
59.840.W41 56,380,390 +3,460,551 10l.2>2
101.2>2 97.933
97,933
For four weeks to August 25.
Earnings are for railroad only.
Mileage.
170,301
434,447
7,033
1,105,2^9
447,988
587,702
359,658
3,376.693
5 053
Montgomery Division included in both years.
y For three weeks of the month only in boih yearn.
168,905
2,474,037
481
1.551
t
1899.
Chattan. Southern..
Chesapeake & Ohio
Ohio. & East Illinois.
Ohio. Great Western.
Tex. Sab.Val. A N.W.
Tol. A Ohio Central.
t
1900.
488.346
428,415
2,569,000
491.731
9.414
413.253
4236,2-9 1,552
4325,0^4 5,435
2-24
420.66"
494,677 1,830
437,694
*03
nttsb.
*
GROSS EARNINGS AND MILEAGE IN AUGUST.
2.82G
310,487
y.
Yazoo
and alter May
935
2.W29
481
326,717
• .Y.Cen.&Hud.Riv..
.
August.
935
4206.'- 57
1.298.997
2.9-3.H36
142,321
754.816
275,696
L..
.
+ Galveston Houston A Henderson Included for this year.
* August, 1900. not reported taken same as last year.
-»-55,04>
523,529
4,905.210
503,427
1.062,7(8
2,658,802
121,6i4
66 \1 '9
238,002
ffash. Chat.
41*U64
42,691
—20.900
41.799
26<
50
87 6
ITEMS ABOUT BANKS, BANKERS AND TRUST CO'F.
—The sales of bank stocks at the Stock Exchange this
week aggregate 62 shares. No sales of either bank or trust
company stocks were made at auction.
Banks— New
York.
Price.
Drovers' Bk., Nat.
85
19 Commerce. Nat. Bank of
260
11 Oriental Bank
185
Shares.
32 Butchers'
—The
A
Last Previous Sale.
Mar. 1900—
94^8
Aug. U00- 271
Aug. 1900— 188
Western Reserve Trust Company of Cleveland, a
to which we alluded in our issue of June 16,
into its permanent quarters on the first floor
new institution
has now moved
The company has a capital of
larger than that of any other trust company in Cleveland, or for that matter in Ohio. It is stated
that the company already has deposits in the neighborhood
of $1,000,000, though it has been open for business only thiee
of the Williamson Building.
$1,000,000,
which
is
The officers are: Calvary Morris, President; Edward W. Moore, H. Clark Ford and H. W. King, Vice-Presidents. M. H. Wilson is Secretary and Treasurer; T. E. Borton is Assistant Secretary and Fred. R. Fuller is Assistant
months.
Treasurer.
—
The directors of the Ninth National Bank on Tuesday
accepted the rosignation of J. K. Cilley as President, and
elected
Alvah Trowbridge
his successor.
—On Tuesday Oakleigh Thome was elected President of the
North American Trust Company to fill the vacancy occasioned
by the resignation of Alvah Trowbridge. As a recognition
rf his services Mr. Trowbridge was elected Honorary VicePresident he likewise remains a director of the company.
;
— Louis M. Sehwan has been elected President of the
Mount Morris Back, rilling the vacancy caused by the resignation of Thomas L. Watt. Mr. Watt will remain a member
of the
board of directors of the bank.
This institution, it
be noOed, is controlled by interests identified with the
National Park Bank.
may
—Albert H. Wiggin, Vice-President of the National Park
Bank, has been elected a director of that bank to fill the
vacancy caused by the death of Mr. Edward E. Poor.
—
Application has bpen made under the laws of Pennsylvania for a charter for a new trust comp -ny, to be known
as the Real Estate Trust Company of Pittsburg. The incorporators are Joseph Wood, Taird Vice- Preside at of the
Pennsylvania lioes west of Pittsburg; Charles McKnight,
President National Bank of Western Pennsylvania; George
B Mo'herall, David P. Black and J. Ledlie Gloniog-r. The
undertaking is being promoted by the firm of Black
Gloninger, and the new company is expected to do a large
real estate and insurance business, besides a g» neral trust
company business. The capital is to be §1,000,000.
&
.
..
THE CHRONICLE,
528
—Mr.
J.
Horace Harding, of the firm of Charles D. Barney
& Co., has been elected a member of the
board of directors of
Bank of Philadelphia.
Trust Company of Boston has increased
the Corn Exchange National
—The State
Street
semi-annual dividend from 2 per cent to %%. P er cent,
thus placing the stock on a 5-per cent basis.
its
—Mr. William Skinner Jr., of the William Skinner Manufacturing Company of Holyoke, Mass., has been elected a
director of the Mercantile National
Bank
—We referred in our issue of Sept.
1 to
of this city.
the contemplated
action of the Missouri Trust Company of Sedalia, Mo., in
proposing to re-incorporate as a St. Louis institution. The
re-incorporation took place this week and the company ex-
remove to St. Louis in a short time. It appears that
the stock is to be $500,000, of which $200,000, it is reported,
has actually baen subscribed. The change to St. L^uis is
made in order to enlarge the business of the concern.
pects to
—Notice
published in the Pittsburg papers that application is to be made to the Governor of Pennsylvania, under the
State Banking Act, for a charter of an intended corporation,
to be called the Allegheny Valley Bank of Pittsburg. The
amount of the stock is to be$5),O0O, with the right to increase
is
at to $150,000.
—The Trust Company
of
New York
has been designated
by the Comptroller and Treasurer of the State a depository of
The company is althe funds of the State of New York.
ready depository of the moneys of the City cf New York and
ef the Cotton, Produce and Coffee Exchanges of New York.
It has also been appointed by the Bank Superintendent a dejpository of lawful money reserve for the banks and individual
bankers of the State of New York. Mr. Willis S. Paine, formerly of the State Banking Department, is President.
[From oar own correspondent.]
London, Saturday, September 1, 1900.
There is a much better tone i a the stock markets this week,
although business is as slack as ever. Every one who can
get away from the city is holiday-making, and the few who
remain have no inclination to engage in new risks. Still,
there is a more cheerful feeling and a greater confidence that
in a very few weeks business will expand.
Mainly the better feeling is based upon the belief that the
advance of Lord Roberts at present going on will bring the
war to a conclusion. Until now Sir Redvers Balier has not
eo-operated with the army under Lord Roberts. He is in
command of a very considerable force, and yet that force has
contributed practically nothing to the results of the operations; but at last Sir Redvers's army has joined Lord Roberts, and has taken an active part in the attack upon the
Boers. The latter have fought with their usual gallantry;
and so far do not appear to have lost courage or to have
been obliged to abandon many guns. Still, every defeat
must demoralize some portion of their forces, and they are
being driven iato the very corner of their territory. At all
events, the Stock Exchange now hopes that the war will be
completely ended within a few weeks, and that then goldmining will be resumed, and that before the end of the year
fold will once more begin to be received from South Africa,
'he various gold-miniDg companies are now issuing notices
to their shareholders that the machinery is uninjured, and
that they can begin work again as soon as the military
operations allow of their doing so, and they have been able to
collect the necessary native labor.
[Vol. LXil.
rise in coal, the dividends for the first half of the year
having
been very disappointing; and now the men employed on the
railways are agitating for shorter hours and higher wages.
Strikes appear to be impending on the Great Eastern Railway
and on the Taff Vale Line, and there are fears that others
may follow. Undoubtedly the well-beiDg of the working
classes has diminished of late.
Rents are abnormally high,
clothing has risen in price, and coal is almost at famine
quotations. If coal continues as dear during the coming
winter the prospect will become serious. There is, therefore,
a good deal of unre3t and discontent amongst the working
classes, and there is a very general fear that the autumn will
see
many
strikes.
In spite of all this, however, the Stock Exchange is hopeful of better times for itself, because it argues that trade is
perfectly sound, that credit is unimpaired, and that consequently if trade falls off munh, money now employed in it
will be available for Stock Exchange purposes.
Upon the
Continent there is almost as little doing as there is here.
The chief matter of interest so far as Pans is concerned is
the rumor that a great Russian loan of 20 millions sterling
will be brought out shortly. Early in the year there was no
donbt that such a loan would: be brought out provided the
Czar visited the Exhibition, and it was understood that his
visit had been arranged for the month of September.
Then
the fear arose that in the present political condition of the
world such a loan could not be floated; but the fact that the
Russian Finance Minister is just about to visit Paris has revived the old rumors, it being said that his visit is for the
purpose of negotiating the loan. In Germany matters are
quiet for the moment
but as September advances there
is a general expectation that money will become scarce and
dear, and towards the end of September stringency would
not be surprising.
The Bank of England is doing its utmost to obtain control
of the open market and thereby to maintain rates. The receipt of so much gold lately naturally led to a sharp fall
both in interest and in discount, and the Bank for the moment seems to be unprepared to meet the emergency. Since
then, however, it has borrowed a very large amount, and if
it goes on borrowing it will soon be able to make it* own
rate quite effective. Indeed, this week the Bank has been
able to lend some amounts at 4 per cent and A.% per cent.
There are rumors that a considerable amount of gold is
about to be sent from St. Petersburg to London; but the
Russian Government is very careful to conceal its financial
operations, and nobody is able to ascertain whether the
rumor is or is not correct. All that is certain is that the expenditure of Russia is very large, and that it needs funds in
London to meet its expenditure, especially in the Far East.
If the loan is brought out in Paris it may be that the Paris
bankers will advance sufficiently; but on the other hand it
Meantime,
is possible that the gold may have to be sent.
money is exceedingly abundant in Paris. In Germany, as
already said, there is comparative quiet for the time being;
but there are fears that as the month advances the money
market will become exceedingly stringent.
Meanwhile money continues easy in India, and the India
Council is not selling its drafts quite so well, It offered for
tender on Wednesday 20 lacs and the applications amounted
to 377J^ lacs; but the prices offered were not considered
altogether satisfactory, and in consequence only li% lacs
were allotted at Is. 3 31-32d. per rupee.
;
English Financial Markets—Per Cable.
The daily closing quotations for securities, etc., at London
reported by cable as follows for the week ending Sept 14.
*re
London.
Silver,
per ounoe
Sat.
d.
Consols. , new, 2 % p. ots.
28%
Anaconda Mining
Top. & Santa Fe..
Preferred
Baltimore & Ohio
Preferred
A.tch.
,
Wed
2813, 6
2813,6
98ll le
9813,*
99
BVoh rentes (In Paris) fr 01-25k
Spanish 4s
Less attention is given just now to the troubles in China. Ohio. Mil. & St. Paul...
The feeling here is strongly in favor of closer co-operation Den. & Rio Gr., com....
do Preferred.
Do
with the United States and Japan than with the other gov- Erie,
common
ernments for the purposes of maintaining the integrity and
1st preferred
independence of Cbina. Everybody feels that a policy of
2d preferred
" grab" would be wrong from every point of view, and yet Illinois Central
Louisville & Nashville..
without the active co-operation of the United States and EIo. Kan. & Tex., com..
Japan it would probably be difficult to restrain some of the
Preferred
Continental Powera from playing for their own hand. Still, ST. Y. Oent'l & Hudson..
Y. Ontario & West'n
the hope exists tha' the danger of a great war will keep W.
Norfolk & Western...
everybody from breaking up the harmony that now exists.
do
pref.
Do
In the meantime it can no longer be doubted that trade in Northern Paolflo, com..
Preferred
this country has received a check. Tbis is mainly due to
Pennsy lvanl a
the extraordinary rise in the price of coal. O.ber commodi- "Phila. ARead
ties have risen materially arid thereby have impaired the •Phila. A Read., 1st pref
purchasing power of the working classes; but it is the rise in 'Phila. & Read. 2d pref.
southern Paoltlo
coal that is the serious factor.
Practically everybody is ^uth'n Railway, com.
buying coal only from hand to mouth. Many industries are
Preferred
suffering because they cannot realize profits at the present Union Pacific
Preferred
quotations for coal, and in the shipbuilding industry in par- Wabash,
preferred
ticular new orders have ceased to be given for some tim°.
Deli. "B"
The railway companies have suffered most visibly from the
* frioe per share.
Tuet.
98>3 16
For account
Canadian Pacific
Chesapeake & Ohio....
Mon.
LOl-15
7258
9k
29 k
72&s
74%
81^
92%
o
9
w
o
29 k
117
1978
69 k
113s
X
34^
18k
119%
14
74 '«
O
O
H
10k
31%
134k
21>S
O
<
a
28 'a
fri.
26i5ie
989, 8
989 l6
98ili8
9811,8
10115 0112k 10105
72k
72
29k
72^
74%
81%
2»'8
9k
93
29%
1173s
197e
t9i*
72
9k
9k
72k
73%
81k
93k
29k
1173a
2868
7533
7338
81k
91k
28%
117
20
198a
693a
69
Ilk
35k
18k
119k
113s
1138
84=8
1838
34k
18k
119k
119M
753a
1038
74»8
1038
74»8
31
134
21B8
31k
134
21k
10
3lk
134
21
k
35
35%
353*
3
78k
78 >«
78
5238
7334
53k
73%
533a
78
53 k
73%
73Ss
66
66
6?>%
8«8
o
»
Thurt.
28 'a
14
34*8
8k
59k
14
34%
8k
28%
13'8
34k
12
558b
56 k
59 s«
76k
18%
33%
76 k
12
56
59 k
76 k
34
3:1%
1238
18%
13%
34k
56
59
12k
938
28k
18%
58%
76 k
18k
33%
.
2
.
September
15
1900
,
THE CHRONICLE.
J
Qamtatvclxl aufl ^isctlVxntons Stews
Week.—The following
Imports and Exports for the
the imports at
for the week
FORKIGN IMPORTS.
New York
are
—
New York City Clearing House Banks. Statement of
oondition for the week ending Sept. 8, based on average of
We omit two ciphers C00) in all cases.
daily results.
:
BANK8
Capital. Surplus.
Bank
$2,203,983
8,162,997
$1,776,216
7,844,263
$1,717,891
4,759,576
$1,053,226
4,416,542
$10,366,880
$9,620,479
$6,477,467
$5,469,768
$84,138,592
290,247,747
$71,794,623
282,227,788
$65,949,678
231,531,911
$96,065,798
262,377,660
Dry Goods
Gen'l mer'dlse
Since Jan.
of N.Y....
Manhattan Co...
1897.
189bl.
1899.
1900.
For week.
1
Dry Goods
Gen'l mer'dlse
Total 36 weeks $374,386,339 $354,022,411 $297,481,589 $358,443,458
The following is a statement of the exports (exclusive
specie) for the week
EXPORTS FROM MEW YORK FOB THE WEEK.
of
Merchants'
Mechanics'
Amerloa
Phenix
City
Chemical
Merchants' Ex..
OaUatin
Butch.A Drov's'
Mech.A Traders'
Greenwich
Leather M'f'rs..
8eventh
State of N. Y....
American Exch.
:
Commerce
Broadway
Mercantile
$10,881,532
398,909,551
Por the week..
Prev. reported
$8,666,204
325,573,891
$8,528,387
306,401,783
Paclflo
1897.
1898.
1899.
1900.
Republio
$7,859,411
275,604,673
Total 36 weeks $409/791433 $314,930,170l$334,240,095 $283,464,084
I
The following shows exports and imports of specie at
York for the week ending Sept. 8 and since January 1.
HEW
EXPORTS AND IMPORT8 OF SPECIE AT
New
Since Jan.
Germany
West Indies
Mexico
South Amerloa
11
other countries.
Total 1900
Total 1899
Total 1898
Week.
1.
Silver.
Since Jan.
$7,980
12,108
6,530
3,610
$93,996
254,760
325,884
240,806
228,767
431,817
74,285
$9,800 S47.154.804
64,000 25,967,242
417.053
6,965 143
$30,228
50,467
1,425,563
$1,«50,315
9,251.137
75,059,720
Since Jan.l.
Week.
$954,680 $34,205,260
590,800
Germany
4,450
298,806
West Indies
South Amerloa
448
Total 1900
Total 1899
Total 1898
107,01
9,095
64.614
15,703
9,300
All other countries.
$20,002
$964,428 $35,179,633
983,623 32,418,973
1,072.245 31.703.088
Reports of Non
$136,109
59,319
53.704
Member Banks.—The
Since Jan.l
$59,514
1,448
2,628
547,810
1,999,? 85
625,747
190,833
$3,427,565
2,705,541
1,764.107
following
the
statement of condition of the non-member banks for the
week ending Sept. 8, based on averages of the daily result.
We omit two ciphers '00) in nit cases.
BANKS.
Capi-
(00s omitted.)
tal.
Nmw York
Eleventh Ward....
Fourteenth Street.
Oansevoort
Hamilton
Mount Morris
Mutual
Nineteenth Ward.
Plasa
Riverside
State
Twelfth Ward
Twenty.third W'd.
union Square
Yorkvilie
Washington
.'
Borough of
Mm Brooklyn.
Bedford.....
"
Broadway
Brooklyn
Eighth Ward
'.'.
Avenue
KIbrs Countv
Manufact-rs' Nafl.
Mechanics..
Traders'
Nassau National..
National City
North Side. ...
O
eople's
"""
"
Jchennerhorii
jeventeenth Ward
'Prague National.,
^wenty-sixth
Jnlon
wm
VaUabont..
ierchants'.!"
Borough'of
Richmond.
,ank °* 8t*ten
8tNat.,Staten
.
First
N.Y.Nat'lExch.
Bowery
N. Y. County....
wermanAmerl..
Chase
Fifth Avenue ...
German Exch...
Oermanla
'
9arfleld
Fifth
Bank of Metrop.
West Side
Seaboard
Western
Nat, B'klyn.
Liberty
>I. Y. Prod. Ex..
1st
NewAmsterdam
Astor.
Hide
A Leather.
Isl.
Isl.
Other Cities.
Jer - city?l?£lud. Co Nat., J.O.
fl Nat., Jer.
City..
d Nat., Jer. City.,
t
112,5
1,1
212,7
126,5
58,0
16,4
109,1
51,8
134,1
46,0
162,6
126,6
199,4
52,5
67,1
337,7
188.1
25,0
159,0
100,0
300,0
100,0
100,0
150,0
252,0
500,0
100,0
300,0
300,0
100,0
100,0
100,0
100,0
200,0
100,0
100,0
100,0
100,0
121,4
164,0
168,8
43,3
53,6
61,6
492,0
405,6
203,6
693,8
592,7
120,9
130,2
64,4
26,0
100,0
57,2
81,2
400,0
250,0
250,0
200,0
110,0
125,0
817,3
546,6
363,2
222,4
457,4
102,4
75,1
233,0
54,9
58,0
45,7
12,3
.
t Nat. Hoboken.
u Nat., Hoboken.
I
1266,6
19,2
92,8
1971,0
78,0
63,0
1082,2
60,6
52,3
1223,7
47,6
69,4
678,5
39,9
4,9
1441,8
81,4
82,5
1877,6
99,2 102,0
1258,8
30,9 100,8
1169,7
16,6 144,2
1850,0
21,5 162,2
952,2
12,5
51,2
2978,0 208,0 104,0
1090,2
20,0 174,0
881,7
46,3 102,6
2247,4
5 ,5 213,2
1592,7
76,7 124.2
340,8
3,6
38,9
1112.9
1317.3
1331.0
327,4
641,0
722,1
2520.1
2881,4
919,7
3825,0
2686,0
662,2
880,3
648,4
449,3
1086,1
481,3
606.6
643.8
436,5
663,8
681,6
269,7
149,0
374.0
186,3
39,2
89.9
208.9
161,0
273,4
135,1
67,5
97,0
106,4
66,2
183,3
132 6
79,2
88,4
123,2
43.3
160 30,8
29,6
29,6
26,7
33.7
306,7 191,0
177,8 129,7
14,3
59,7
210,u 255,0
131,0 240,0
11,9 102,6
66,1
32,9
24,6
14,7
10,3
38,5
117,4
10,0
18.9
8,2
24.9
49,8
41.8
11,6
42,0
3,9
129,9
344,4
160,1
42,6
63,9
81,7
378,6
146,1
63,7
585,0
289,0
60,1
64,0
63,3
65,4
243,4
93,6
72.3
72,9
76,8
23.4
18,0
96.7
199,1
15,9
12,3
61,3
16,9
30.8
$
I
1420,4
181,0 2061,0
1425,7
1430,6
38,4
688,6
1636,4
si.i 2416,8
118 2 1858,6
6,3 1673,7
1893,6
909.6
123,0 3283,0
87,1 1637,4
135,7 1117.0
2452,8
50,0 1691,5
63,9
389,3
100,0
5
84,7
32,0
45,8
61,1
12,1
$
$
2,000,0 2,158,8 16,063,0
2,050,0 2,203,6 20,368,0
2,000,0 1,206,4 1»,194,3
2,000,0 2,293,0 11,787,0
1,600,0 3,011,1 21,013,2
274,0
5,185,0
1,000,0
10,000,0 5,278,6 112,022,0
300,0 6,964,0 24,400.6
4,842,9
600,0
228,5
8,638,6
1,000,0 1,850,6
1,068,8
300,0
89,4
2,193,0
114,8
400,0
972,0
200,0
176,3
4,066,8
600,0
506,6
3,682,1
223,6
300,0
3,786,0
536,6
1,200,0
5,000,0 2,848.6 27,796,0
66,924,0
10,000,0 7,029,3
6,478,0
1,000,0 1,847,8
1,000,0 1,232,8 13,613,9
2,694,5
422,7
493,9
1,600,0 1,143,2 20,338,5
6,035,9
450,0 1,000,7
2,172,9
200,0
325,2
659,5 12,579,0
1,000,0
3,000,0 5,014,1 42,135,2
4,154,0
467,0
600,0
8,011,4
420,5
600,0
2,690,1
274,8
500,0
6,658,3
900,0 1,020,0
3,703,4
211,2
1,000,0
19,787,6
1,400,0 1,840,1
4,804,8
510,6
1,000,0
2.014,0
300,0
406,5
1,500,0 6,150,1 24,911,0
2,000,0 3,306,2 45,533,0
1,235,*
250,0
162,9
3,000,0 2,376,0 22.179,8
1,000,0
539,9 11,386,0
8,308,0
799,0
300,0
2,339,4
162,8
750,0
500,0 9,117,0 37,717,0
2,868,3
103,0
300,0
3,255,0
250,0
708,8
3,054,5
200,0
375,8
3,537,6
750,0
350,1
1,000,0 1,994,6 36,692,8
8,418,7
100,0 1,287,0
2,545,8
200,0
614,7
3,101,9
200,0
802,0
890,1 10,534,3
300,0
5,537,8
200,0 1,073,5
2,089.7
359,1
200,0
6,682,1
300,0
963,6
2,548,0
409,1
200,0
500,0
748,7 10,937,0
2,100,0 1,696,4 38,417,6
3,884,0
300,0
628,3
6,362,0
500,0
535,8
3,962,8
1,000,0
374,9
5,131,2
250,0
411,0
3,703,0
350,0
231,8
2,535,8
500,0
302,1
Legals.
Deposits
strv*
9
$
P.O.
2,645,0 1.339,0 15,192,0 26-2
4,779,0 3,556,0 25,533,0 326
2,292,8 1,616,4 15,432,3 263
3,214,0
293,0 12,246,0 28-6
4,346,8 2,097,5 24,323,6 26-4
1,365,0
145,0
6,438,0 27-5
39,890,7 5,670,5 138,603,2 325
4,433,2 3,096,6 26,107,2 30-0
797,2
635,7
5,481,0 26-1
794,6
948,0
6,945,4 26-0
993,5 24-2
171,9
69,5
209,0
2,209,0 17-0
167,0
850,0 28-4
102,6
139,3
4,318,2 336
1,243,6
207,6
824,5
296,4
4,674,6 23-9
285,8
341.
2,960,3 21-1
2,984,0 1,935.0 20,911,0 23-5
8,290,5 6,225,2 66,896,3 25-6
405,0
6,866,1 264
1,148,6
1,911,7 1,486,7 13,906,4 24-4
303,*
454,7
3,195,3 237
4,872,6 1,267,6 23,391,4 262
6,241,1 27-8
746,9
990,4
123,6
2,498,5 22-2
432,6
2,207,0 1,052,3 13,614,3 239
12,981,6 2,590,4 48,740,1 31-9
602,2
4,478,0 26-2
674,8
457,7
2,959,7 21-6
184,4
411,9
3,116,5 19-0
180,5
7,076,2 27-8
1,295,6
685,8
f35,9
4,193,9 27-5
221,3
3,126.0 2.684,0 23,242,2 24'5
6,716,2 25'4
898,0
654,5
1,936,0 24'8
186,3
296,0
6,158,0 2,167,0 26,625,0 31-2
12,916,0 5,490,0 59,608,0 30-8
136,6
1,263,8 22'5
149,0
3,707,0 2,12 1,0 23,159,1 261
2,386,0 1,264,0 14,609,0 24-9
9,232,0 267
762,0
1.703,0
2,607,5 30
463,6
818.0
7,887.6 1,972,7 38,030,6 25-9
3,120,2 28-4
667,3
321,1
3,322,0 20
356,0
311,0
3,950,3 29-1
764,6
387,2
3,431,3 21-7
602,6
241,8
7,528,7 4,123,6 44.581,5 26-1
9,669,0 25 8
344,0
2,126,1
3,012,5 276
180,2
652,8
4,348,3 201
402,0
471,9
275
12,585,6
2,449,9 3,017,6
6,772,9 326
320,2
1,888,4
2,256,7 24'6
414,4
139,4
6,894,9 23-0
460,8
1,128,4
8,131,0 274
432,0
427,0
1,834,0 1,969,0 13,648,0 28-0
9,041,4 2,495,0 46,183,8 24*9
4,374,0 307
570,0
776,0
6,518,7 263
425,0
1,291,1
3,764,5 25-9
347,9
618,7
5,883,4 233
456.^
918,9
3,810,0 20'4
104,7
673,6
1,804,4 25'7
80,7
383,2
Banks.
Capital A
Surplus.
Loans.
Specie.
Legals.
Deposits.*
Circ'Vn. Clearing*.
N. V.*
$
Aug. 18.. 165,267,7 814,883.6 1689229
"
25.. 185,267,7 817,402,3 1735312
Sept. 1.. 165,257,7 816,849,0 1769044
8.. 165,257,7 818,808,0 1792919
75,213.6894,317,8
75,696,8 9111,356,3
76,045,8 903,486,9
73,334,7908,281,4
28,083,6
28,686,0
28,902,3
29,106,4
736,760,3
671,308,0
659,777,5
639,749,4
57.651,9 188,454,0 14,454,0
57,651,9 187,808.0 14,139.0
67,851,9 188,219,0 14,080,0
9,180,0 203,411.0
9.003.0 200 606,0
8,797,0 202,230,0
5,635,0
6,694,0
6,704,0
87,910,9
81,242.6
84,226,2
7,693,0
7,688,0
7,699,0
73,857,5
69,346,1
65,645,3
1..
Phila.*
Aug. 25..
Sept.
1..
8..
35,345,4 156,735,0
35,345,4 167,136,0
35.845,4 168,305,0
$
58.927,0
66,922,0
55,588,0
188,855,0
188^02,0
188,391,0
•
We omit two ciphers in all these
t
Including for Boston and Philadelphia the Item " due to other banks."
Agures.
Auction Sales.— By Messrs. Adrian H. Muller
& Son
:
Bonds.
$15,000 North Carolina special tax «s, April, 1870, coupons.... $46
Stocks.
50 American Surety Co
By Messrs. R V. Harnett & Co.
$1,000 Comstock Tunnel Co. Income 4s
1,000 Shares Comstook Tunnel Co.. $2 each
$175
)
mk
5*
1230,0
16819
%KXikiu% and
1381,4
328
1
626.0
755 4
3010,2
2923,6
841.5
24,0 4123
62,0 2795,0
764,5 1392 2
105,1
976,7
72,0
569,1
425,7
45,5
8,5 1007.0
511,7
1,6
664
29,0
703.1
79,9
469.2
27,0
Specie
New York City, Boston & Philadelphia Banks.— Below
we furnish a summary of the weekly returns of the Clearing
Souse .Banks of New York City, Boston and Philadelphia.
Sept.
100,0
300,0
100,0
100,0
200,0
200,0
250,0
200,U
100,0
100,0
100,0
100,0
200,0
100,0
200,0
100.0
100,0
Ite-
Loans.
74,222.791,035,0 818,808,0 1792919 73,334,7 906,281,4 27'8
Total
Bos.*
Aug. 25..
I
Columbia
* eoh's' A
Second
Ninth
8..
Oolonlal
Fifth
Leg. T. Deposit, with
Net
Invest- Specie. &B'k. Clear'g Other Deposit*
ment*.
Notes, Agent. Bks.Jcc
City.
Borough of
Manhattan,
_
is
Sur- Loans A
plus.
..
East River
Fourth
Central
Lincoln
Import*.
.
Week.
......
Nassau
Park
1.
$19,029,720
17,664,481
4,500,709
$800
1,899,273
2,000
99,800
3,782,955
7,000
177,866
Export*.
Irving
Citizens'
Continental
Oriental
Imp't'rs'A Trad.
Gold.
Week.
People's
North America..
Hanover
Market* Fulton
Import*.
Exports.
Chatham
Shoe & Leather.
Corn Exchange.
TORS..
629
657,6
752.9
4486,0 214,4 222,9 835.5 1212.8 6163 1
1973,6
82,6
64,4 247,8
94,6 1749 4
1223,6
960,4
64,6
23,8 169.9
'3.1
1009,6
838 6
31,6
30,1
79,7
2029.6
22,9 127,2
90,4
66,1 1784 6
799,6
6l>,8
912,6
29.4
63,0
65,1
Totals Sept. 8.. 7362,0
Totals Sept. 1.. 7362,0 f*g§.8 60646.9 2744.9 3700 8 7493.3 3821,7 67491,9
Totals Ang 25
| 80329,3 2835,713764,5 7306,7 4368,2 67802,
7362.0 84gf
8468,8 60201.9 2824.1J3784.2 7651.0 4633,6 681*8 r
4
Spencer
11
&
Trask &
BANKERS,
PINE STREET,
29
ffttrntictai.
Co.,
....
NEW YORK
Transact a general banking business, act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies.
Execute
commission orders and deal in
INVESTMENT SECURITIESMembers N.
Y. Stock
Branch
Exchange
Gborgh Barclay Moffat
Moffat
Office. 67 State St..
Alexander
&
Albany
M, Whits, Jb
White
BANKERS,
...
Members New York Stock Exchange,
No.
1
NASSAU STREET,
NEW YORK.
INVESTMENT SECURITIES.
—
i
THE CHRONICLE.
530
JVam<s o/
(fenzztU.
iikmm
m
n
St.
pref ...
North-west., rf. (qvax ^
!
Sept. 15
S
Oct. lt
Sept. !?•
Sept
Sept 9
IV,
Sept 15
i*
1
l
Wayataburg A Washington
KaiHvm ».
RnidMO uinar.
St root
St.. S;ui
Twin
Union
tv
i
K
MH
TV
B
Dl.
..
o.u.1
Fifth
st
.
Boston* eea.
v
:
I
(an.)
Hoi
]
1
Sept IS
so
(qaar.)
^\tra>
First National. Brooklyn. viiuar.i
1
Oet
i
ilimelliiiieiiu*.
Amer. Acrtcnl Chera.. vr^f
American Bank Note (qttar.)...
MTirlran Best Sucsr. pf. uiu.i
1
2.1
>t.
Oet
Oet
Oet
Sept 85
Sept 39
Prime bankers' sterliug bills on London. 4 S4 si S4is 4S7i«<J4 SS
Prime couiuierolal
4 S2\»4 83
Dootimentarv oommerolal
4 S2i*ff4 SS 1^
Parts bankers' ^franes)
5 18^i*»lS^i 5 16 Ts»16V
39i5 1(«#4o
A.mstenlam isnlMers^ bankers
40^ »40i4
Frankfort or Bremen treiehniarks! b'kers 94T ,»94ia
95ise95^s
• Less i l<t
The following were the rates of domestic exchange on
New York at the under-mentioned cities to-day: Savannah,
buying 1-16 discount, selling 1-16 premium: Charleston,
buying 1-10 discount, selling par: New Orleans, bank. $1 50
.
K
to
to
Sept. ?0
Sept. SO
to
Oet
coup.. IMS, at lo'4V $1,500
:
Oel
l
to
1 Sot't. JO
Oet
Sept SO
to
50o Septa* Sept 16
BuJd»re of ree. Sept I"
lVgO,Sept 9
Holders of rec. Sept
V4 Sept.
Sent. C*
-f Holder*
•:
to
Oet 1
1 Sept. 15
Oct.
—
..
3s. reg..
and $1,000
The following are the daily closing quota-
at 114.
ranee
tions: for y<\»r7j
4s. reg.. 1007." at 114"-4
se* seivnth i*t<j' foilowina
1H Oet
1
Mercenthak r Linotype
iquar.)
TO
Sept.
10 Sept. 21
l
•:
AXtra)
National Sugar Kenning, pre!
Nation*] Tube. ptef. tOJMUTo)
Wiles B ornon i Poafl, com
Etaa«*,pf.(qn.]
PlttaburgStove
Safety Car Heat A LVgfet. (qa.)
m Oet
.
Oct.
Oet.
to
to
to
to
to
Oct.
l Sept 26
Oet.
•:i* Sept. ?9 Sept. ' t?
8"i Sept. •;;> Sept. It'
Oct V Sept. 21
s
P. LorlUarit. pref. io,uar
Interest
l
i
Colorado Fuel A Irou. prof
m Sept
10
Sept SO
Sept. SO
Sept 30
pt.
Sept. 8C Sept.
"
l-\
H
to
Sept. 31
to
Oct.
to
to
Sept SO
I
1
Sloes-She theUl St. A lr pf. io.u.
Bag .v Paper, pf. iquar
I'uton Ferry (quar.)
Oet
i$t
.
i«i
-
)
United Fran (qnar.)
United Qaa lnuv n meal (qn.).
United Sboe Maelv, com. ulnar.
vref. (o. uar
Western Union Telegraph u;u
•J
IS
v
1
it?
-
Sept. -I
1
2
I
tUdoersof rec
Oct. 13 Holders of rec Sept.
1."
8
IV
IV4
*
I
Sept.
30
to
I
1900.—
IP0U.-45 P Tl.
situation.— Wall Street
FIT.
STRKKT, FRIDAY, SEPT.
The Mouev Market and RmumIa]
14.
has boon bin little affected by the stirring events of the
week, ami business has continued to be largely of a professional character. The appalling disaster at Galveston and
vicinity, which caused a sharp advance in the price of eotton. had almost DO effect at the Stock Exchange.
after the VerThe Maine S:ate election, following - 9
mont election and emphasising the political sentiments
then expressed, also passed apparently unheeded in the
circle where every influence, favorable and otherwise, is
usually made much of. As a result of this apathy the volume of business in the seouritv markets has been very near
the smallest of the season. Prices were generally steady
until Thursday, when the anthracite coal shares beg;-.
decline on the announcement that a miners' strike had been
ordered to begin on Monday next. This decline continued
bo-day and had a depressing effect upon the eutin? market,
the apparently being the feature of the week.
,
The foreign exchange market
is
week draws
easier as the
a
:Terings of cotton and grain bills.
to a close, on the Li
There has been an effort to advance rates by lenders in the
money market with poor success. The demand for funds from
.
the West
3a. SO-year. refd'j;'
8a, do
do ..re«.
191S
191$
3s.
Ss,
3s,
Ss,
4a,
4s.
ll.
*103\ '104
U0-4
coup
191$. small. res.
191$. small, o'p.
rev
1907
1907
eoup.
nbs"
ost
-
-
1st
i
weet:
the discount rate remains unchanged at 4 per cent.
Bank of France shows a decrease of 4.400.' 00 francs in
gold and 5,(00,000 francs in silver.
The New Fork CSty Clearing-House banks, in their statement of Sept. 8 showed a decrease in the reserve held of
$80o.600 and a surplns over the required reserve
agains: »-". r§.4.75 the previ
fc.Y
s.
9
.
1S9S
Prtr. k-m*.
-
*
*
Capital
-4.233.700
Sorplos
Loan j AdUc'nt*.
91.0S*.0<TO
5S.922.700
-JO
-C> i\V Ieo
S'.>
Clrv
4
9
>V.-\.
I
59.023 -oc
;;e
T4-.c 4
;
-
''
.
:oo
2 00
100
.
s
l-;>
". ;
Leeal tenders...
Beaerve I
1.
.
.
v
4 MM Dee
-ae.cooDee
..^
Le«;al reserve...
.
.;-
:
711.100
1
ss3,eo<
69S.c:
.no.
49,985 530
7,7(6,
MM
''2,385,
SOO
>.osa,
-
:
>; 97?
-
Sorplus rev*erre 26 056 2."
Vc 1.0C2.23^ 2 ,
a.— Returua of aepaxate oanka api^ear on p**e
!
-
If or
Foreign Exchange.—The market
in the week, owii
firm
bills, but has beeome easi
mercial otferit
.l rates
ro-da]
ers'sixtyd
v
cabl
prime
t
increas
je
:
-
in
-
-ling
5
:
-
cot tot-
s
ib*9^ 'iboifl •i"09is *iO9ii
114\ '114^ *114ii*ll4\
115i« *115is
sis
M
1
1
Southern Ss recovered nearly all the decline noted lastweek. Chesapeake or Ohio c
ad Western New York
or Pennsylvania 1st Ss were strong^ features.
St. Louis
Southwestern. Missouri Kansas or Texas and Wisconsin
Central issues were inclined to weakness.
Stock and Bond Sales.— The following shows the volume
of business in stocks and bonds on the New York Stock Ex-
change
week and
for the past
I--..a
— WeeJe end.
.1;
X. T. Sloe Je JiwA,
TotaL
sales
to Sept. 14.
1900.
—
1899.
f7.Ni.3W
tRSSMlO
«4
ISM
*> oOO
11.311.300
M»WjWI
WMJtt^m
K4*SJM
»ll.SSO.SC»
|SS» S«.7l0
|«79.3»^»»
t7.Mfi.iTl )«s
aU,4S:.«m^0l
(31
|7Q.S5fta<e
f.=-"S
rs,**$
1.&W.9W
1.>"7.W»
J.4s-i
i-.S.ivS,*?J
aS31.T3Mm
add the following record
The
Jo*. 1
1899.
fSS.900
RB.*nd misc. bond*....
Stocks— No. shares,
Pirrsln*.
Banksharee. t«r ra'.ze
1
.
4.444^00
Statatoods
We
since Jan.
14.^
Sept.
1900.
Government bond*
!-.-:>
IS17J0O
of the dailr transactions:
MM r
?•- -.,:{.
r x.eao
r. s.
Bonds.
Bonds.
|SM Mi
t
:•
M
l.we
*JT.CO0
100
MS,
mQnb
.
WOW
tS.006
-
so
v
4/ -:w. :
K 414 500
I. ex
Philadelphia Exchanges were:
-
*-•
T?4.081
v
•
on the Post*
Lis:ed
8» nrday
Tuesday
.~
r;
; ?•.+
0>
Luud
Mai
S,*S
Monday
Pttil met tir ftiM.
,
m
1
-
Znli3sd3***m<
wn
|4«.4'»
«7.-*9
1.500
s.«ea
i.*eo
<
Tij«a
Wednesday
Thursday
*s(
Friday-
li^kaVJ
UJ.MS
1.S43
"T.4SO
OSSM
lttjSM
80.047
Railroad and Tti»cellaneons Stock*.— Business in the
stock market has I
y near lo"w-water mark tt
'.000
Transact
Prices
shares per day. and were almost wholly pt
oal.
ss
have, with few ezc
been well maintained, however.
-
especially in the rai
way
'.
ek,
NewJers
14 points
ares in anbut declined later with t
r anthr
a miners' strike which is order;
tJcipa
w ts ist preChicago ot Eastern Dlin ss
ots
.;'.
Kans 3
ern preferrevi was irregular,
a of
ring a rani
points
see
~
and 1.
(issues
Baltimore Jt Oh
been genera
s .^uri Paeino
:hern Pacific were weak. Louisville Jt Nashville
S
-
-
tion of the daily
the movenic
?
.
-.y\yment.
•HMa*115\
res.
-
~
S
American Sugar Refining and the
It dull and steady until
wer.lowed the general tend*
-
'
<
but in only a few
attention. International
•.n
,
'109i»
110
101*^
'icg"
>
cumeutary commero
for payment. 4 !
.
demand. 4
•
s
were as follows: Rank
:
'.041*
109^ 109^*1094
com- and Northern Facitic were relatively
-on the miscellaneous st supj
of
*104
-Feb. "1S?% *1S3\ 134
*1S4 '1S4 "1S4
-Feb. *133\ 1S4^ 1S4. 'ISA '134 *13-4
...... eoup.
-Feb. -112^ *113
re«.
113
114
•llS^UlSi*
-Feb. 'li:\ *112\ 113 'US *113 *11S^
conp.
Tola Is tbe price bid at the morning board no sait was made.
t Prioee are quotations in "Unlisted Dep't" for bonds "when Issned."
State and Railroad Bonds.- Sales of State bonds at the
Board are limited to -$1.0. Alabama class C at 102 3+ and
Tennessee settlement Ix? (small lots' at
to "U.
he railway bond market hss continued dull and narrow.
The volume of business was a trifle larger than last week,
and prions were generally well sustained, but in the absence
of any investment demand the market was sluggish and for
the most part featureless. St. Louis Jc San Fraucisc general Os advanced over I points, on limited sales.
Metropolitan Elevated also advanced sharply.
Kansas City
1925
1925
1904
1904
4s,
4s.
5s,
5a,
Total
Digtren'sfr'm
M041j'lO4
MOS\
Jan. -11414 '114VI
-Jan. UKM4 'll? 1*
-Feb!
1
liabilities
«
; -
1^
*104V4
"1031* *10;ij -10.-i«
'109
-Feb. *109
*1094
109i« 110
-Feb. "109
re?.
is still limited and the local supply is
ant.
w ft* ending
The open market rates for call loans on the Stock Exelia
Srpt. 14. 19^V1
Saturday
during the week on stock and bond collaterals have rav
from I to
per cent. To-day s rates on call were 1C4 to Monday
Wedoeeday^
or cen\ Prime commercial paper 4 to 5)4 V* T cent.
...
The Bank of England weekly statement on Thursday Tbarsday
mday.
showed an increase in bullion of £S49.*61 and the percent
»0»»L
1900.
w
::.
10.
;
Sept.
to
to
Sept. 3 ?
Sept. 83
81
15 Sej
8
1
S
Stp'..
1
to
Oet 1
16
Sept BO
to
16
l? Holders of rec Sept. 1
-
1*»
.fc
age of reserve to
:
'
pief.(q.Bj
m
Oet
Sept. so
onar.)
>piar.)
American S
GhLJo.Rys.AU.ek .Yd*.e on'. (O.U.
WALL
-
Oel
?,
-:s
Sept 15
to
to
Hank*.
Avenue
Demand.
premium commercial. $1
discount
Chicago, 8O0. discount: St Louis. 50c. per $1,000 premium; San Francisoo,
5o. per $100 premium.
United States Bonds. Sales of Government bonds at the
board include (30,700 os. coup., at 1' n to 110: $5,000 4s.
to
i
M
oloeefl.
to
l*
i
Sort.
se^t.
to
Sept 86
Sept. 81
Sept, 80
Oet
a
Klrvate.l RR.. Chicago.
United lYaot. A E. Pro v. iquar
West Eud
Oet
Oet 14
Oct 14
to
to
to
to
to
4
Oct,
-1
88 Oct,
15 SeptSS
•::
l
MftuU&ttan (quar.)
Souttwrn. pre?
Sutter
(Ihiyf t'xlusiee.)
2i«
3V» Oct
com
Paul,
When
Oent
Railroad* (strata)
Chic Milw. A
September 14.
.
Per
Company.
[Vol. I.XXI.
Posted rates of leading bankers follow:
jankers'
CMc &
«
:
Tobacco was weak.
and steel stocks
iron
to- '.ay.
when they
vnwinl.
fol-
......
.
Sept
THE CH RONICLE -STOCK
15. 1900.]
New York
Exchange— A
Stock
PRICES
(2 pages)
Sept.
•10
8.
18
47
40
87ft
70ft
72ft
38
™%
Monday,
Tuesday,
Sept.
10.
Sept.
11.
•16
•45
7«ft
70%
•10
145
28ft
70ft
73ft
79ft
18
45
87%
18
47
88
73*
78%
73ft
79* 79ft 179* 80
01* 65* 61)4 S6
76
116
188
83
•4H* 60
•69*|
•0<<ft
•106
•104
•87
87%
*4Hft
60
loan •10ft 103* •If'lft
184
181 * 130% 133* 184ft
88* 88* a* ft 3b* 38ft
186 180* 136 133* 125ft
•101ft
•
••••1 •••••»
96)4
•180
186
90*
10« 10%
H2ft
It
83ft
•70
1'Wft
84
•31*
70ft
88*
•33
•57
114
33*
67*
111
70ft
•88
•67
69
118K 114)4
178ft 178fe
163
163
100ft lOCft
11«
•118
•160
178
•101
100ft
110
'100
180
•9ft
•0ft
10ft
•108
110
•••••
176
•41
•16ft
43
10ft
38*
07
>•••••
4%
*H
185
39
0*
18Sft
•••••
11
88
71ft
84
0*
•0
448
48
10ft
•16*
10ft
.
.
6
l«ft
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16
life
84*
•38*
11* •11
11* 11
84* 34ft 84* 83ft
1»
46
84
•12ft
•80
18
45
84
16
•12ft
110
180
106
•110
•100
Do
180
10ft
i
•39
88* *'J*
81
•68
Ot»
59
107 •108 107
80
80ft •83
•04
07
07
.»• •
•••••*
48
41
* •
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6
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•10ft
Do
*
I • I
41
P.
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A
lor. Otn. Ohio.
Do
Do
170
173ft 175
19ft 19*
A Hndion..,..
Laok. A Weitern.
Denver A Rio Grande. ...
13
Uei Molnei
19*
19ft
110...
07* 07*
I
l
'el.
17
80
17 18 1 t. Worth A Rio Grande.
102ft 153ft /ireat Northern, pref....
18
•102
18
103
11
10
10
•18
lift
84ft
•ii
n*
134
84
17*
17
41ft
39ft
Do
Oft
•4ft
16
A
Shore
Do
u
Ft.
A
Do
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116ft
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•14ft
16ft
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9
180
8J
7
8'ft
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84ft
138ft
63*
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9
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•14
•88
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4
14
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98
209
60
16
80
93
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•08
70
73*
73
71ft
91ft 93
•103* 166
93
164
•88ft
•88
•lift
lift
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8ft
06
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•14
•64
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8lft
61ft
•88
•180
181
«n*
•70
•80
16
70
73*
99
155
....
68
10
•9ft
81
69
88
•38
•188
187ft
181)4 181
81ft
64ft
Do
H
ii
79
"Uft
80ft
84*
51ft
71ft
•75
51
«71ft
53
•98ft
•15
•54
60
10
30ft
10
81
•10
80ft
•*ft
4
•8ft
28ft
38ft
10
•14
16
89ft
95
•93
209
•00
05
73*
98ft
15
95
70
78* 78*
93* 98ft
13
56
65
94ft
93ft
18
66
9ft
3
9ft
•10
•64
9ft
8
•2ft
181
11*
10
80*
4
•2ft
n
61*
•86
95
00
•64ft
198
198*
*'«
1*1
•0
8*
•88
•85
•64
•81
•
98ft
58
60
85
Bid and
66ft
•85
•65
•85
67
93
•Oift 03
12-lft 189
66ft
95
•44* 00*
138* 188ft
IV
•ift
•6
•82
•56
•54
'83
•1ft
•6
0*
•83
88ft
58
00
hh
ai
6*
h<
lam
•1ft
•6
•33
•55
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81
00
»m
i
1ft
58
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01ft
138
98ft
•55
J
•56
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94
18
56
•93
•10
•04
18
5-1
10
1.9*
9ft
71ft
71ft
•83
90
Oift 61ft
188
187ft
1ft
*lft
lift
Rullwan.
HBW TURK
38*
4*
88*
58
60
154ft
54ft
M|
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«1
wire made on thii day.
Btd.
Aik.
CITY.
•56
•80
07
9)
•64* 60
127
128
6
65
•66
HI
*ri
I
m
Lim than
86
108
340
105
118
1
—
FAA
18rft
300
Lex
117
103ft
800
110
•
A Weitern....
llaren A Hart
N. T. Ontario A Weitern.
N
7. Laok.
New
Do
pref
Nor. Pao. Bf., rot. tr.otfi
Do
pref.
*-
183
99
898
105
893
74
118
i
lit
185
118
101
400
109
4''2
75
114
98* 101
AtA Par F &-&« Stk Bxoh
Ninth Arenue— Stook
195
50ft J an
88 J'ne
7ft J an
81 Jan
118 Deo
100 Deo
141ftJan
188 Jan
100 Deo
91 Feb
170 Jan
7ftJan
SlftDeo
42*.Ian
94 Ma;
9 J'lr
Do
•»«
Not
19
52ftNor
i30*Bep
179 Sep
178 Bep
210ftSep
32ftJan
I20ft8ip
185 Sip
1
3SftMar
50ftMar
04ftNor
dm
ion
1
4
Uft J an
9* Dei
llftDeo
87 Sep
BftJan
Oot
lOftJ'ir
4ft8ep
35 Deo
S8ftMar
20* Mar 21 18ft Dec 35 Mar
119*Mar 38 lOOftJan laSftApr
1
14,910
7,3
10
3,935
100
118
718
1,280
Mar
2ft J'ne 33
1104 Jan 32 1113 Feb
•••I
Deo 309 Mar
ISftAug 39ftNor
44*Ma.« 83 Nor
17ftApr
6 Jan
OftSep
1 Jan
10 Oot 116 Jan
1
45*J'ne 18
87*J'ne 18
69ftMar 38
35ft J an
3
10
00
37
09
4
Apr 34
Apr 34
13ft Mar 28
73ftJan
8ft J an
39 Feb
33
40ftAur 17
88ft Dec
Jan.
97*Apr
8
U
Feb
11
20
in
8.48S 120ftJ'ne85
800 11 J'ne 80
70 J'ne 29
900 39 J'ne 20
1400 Mar 16
1180 Jan 18
I210ftj'ne20
4,870 l8*J'ne 30
8,050 23ft J an 10
130 07 Jan 8
36.H31 48 J'ne 38
8,095 69ftJ'ne35
140
46
88
500 07
14,774 130
189ft Apr
4
14* Mar 39
85 Jan 81
40ftMar 89
1430 J'lr 13
1185 Mar 10
121 5ft Jan
3
Mar
Mar
Mar
Aug
Nor
38ft Mar
17*Mar
88ftAot
81 Apr 38
08ft Apr 4
61ftJan
74ftAOfl
4 8ft J an
67ftAug
4
Mar
9ft Mar
Nor
04
84ftApr 90 Fib
80ftNor
58*J'lr
123* J an 142 Jan
7ftNor
Jan
1
7ftNor
4 Mar
4
2
C
W
'
29*Mar 27
08 Mar 3
SOftJan 2
94 Jan 8
aiftyan
68 Jaa
7 7ft Sep
88 Deo
83 J'ne
68ftJ'ne
38 Mar
50*8^p 10
AuHi
t»2
Deo 14iftMar
llftDeo 19)14 J an
06 Mar 86 Oot
39 Deo 41 Jau
1300 Jan 1390 Mar
l39*Jan U38ftM.h
<198 Jan 1322 Apr
ISftJan
87ftJan
10 00ftJan
J'ne 27 143ftApr
J'ne 19
30 Jan 29
5o 05ftJan 81
SO
4001 7M .I'ne 9N
68ftApr
1187
30*Mar 38
40*Apr 18
1
43
14ftJan
45*Ang
130
78*Mar 38
12
Aug
99*Nor
37*Mar
73 May
78
9ft Deo
01*Apr 10 83 Dec
48*Aor 3 83 Jan
ll89*Mar * 170 Jan
lftA.nct 37
n»«»
80 Apr
88ftOot
i3 3ft Apr
147
1 7
3
Dec
Mai
80*Deo
40
03
4
pref., rot.tr. otfi.
lit pref
44ftSip
37ftJ'ne
ir.RR.AN.Oo.Tot.tr.ofi.
naolOoCoait Oo
Dec l03*Aug
-!5*Ang
83
89 Mar S
70*Auk 1 87ftApr 8
84 J'ne 33 101 Feb 14
144*Mar 14 183 Feb 18
24*Jan 89 37*Apr 5
70 Feb 87 82*Kob 14
10*Jan 8 14ftApr 18
17*Jan
9* Am
N. T.
08ftApr
SUft.lan lOOftSip
11 2ft. Ian 132ft3ep
1 Oft Deo
30ftJan
'
200
SSftJ'ne
88ftJan
85 J'ne
11 83*1 au
lit pref.
3d pref.
Deo
85
i
8,090
39,907
Do
Do
33ft May 3 ift Dei
114ftl>eo 14 9* Fib
17 ft Mar 87
14*.Ian
pref.
1> Y.Ohio. ASt-IionU...
Dm
•••••«
.
* • •
•
43
80
ItllH
• • •
•
•
••
•» ••
...... ••••
Mar 88 Jaa
Alg
Feb 100
100 ihajm.
Aik
Bid.
A 10th 8t-8took 176
ColA 9th Are Si-See Stock Bxch
130
Drr D B B A Bat-Stock
lit gold 6i 1933... JAD 1115
Hlghth Arenue Stook.
Bonp 0i 1914
42d A Or St Fer-Stook..
43d St Man A Si N Are.
lit mort 8i 1910.. MAS
3d lnoome 0i 1915. JAJ
lit.
Oft.Ian 39
SBftMar IS
800
tiliiourl Paoido...
vloblleA Ohio
vlorrtiA Buex...
VT 7. Central AHudion..
SOftMar 69 Nor
09 May 103
BlftMar 99ftMay
40ft Deo 70 Jan
85 Feb 94 Nor
97 Jan 18 0ft Nor
Dm
.
Do
17
08ftAn«
50ft J an
48*.l'ne 0iftApr
07ftJ'ne 83*NOT
01 Deo 137 Apr
12ftMar 8
39ft Mar 31
7ft Mar 22
4
at foot of 7 consecutive pages). —#7i2.##7
Wtreet Rail ware.
Scrip Si 1914
Jan
Jan
19ft Oct
48ft00t
34ftFeb
'
Deoatur A BraniT.
A Bastern
83* Pere Marquette
08
Do
pref.
65
Pi tub. Oln. Ohio. A St. L.
•33
•00
9
21
Apr
Mar
Mar
14
8«
•
1*4 Peoria
Oft Peoria
•1ft
Ohrlit'p'r
iMBkBtAFnl F—Stook.
lit mort 4i 1950... J AJ
'war A 7th Are— Stook
34
100
883
litmor Si 1904... JAD 1108
84 mor 61 1914.... J4J 110
Oon 5i 1948— Be* Stock Mich
'war Bur lit Sign. 1934 {114
84 Sunt a* rental. 1905 1108
Central Orontown— Stook see
lit M 6i 1933
MAN tias
Own Pk N A B Rlr— Stook 199
Ooniol 7» 1908
JAD 110
ift
•33
6ft
OUTSIDE 8ECURITIE8 (Given
Wtreet
67
1
600
800
\J Do
55
93
1
A St. Louli.
Do
3d pref.
viinn. St. P. A B. 8. Marie.
Do
pref.
vto. Kama* A Texas
vltnneapolli
71ft
70ft
16 Sep 13 18 Mar 20
40*J'It 34 48 Apr 2
ISftJan 8 29ftApr 3
SSftJan 11 74ftApr 8
55ftJan 8 8H*A.pr 19
73ftJan 9 90 Apr 16
49 J'ne35 80* Apr 10
58 Feb 37 78 Au«29
98 Jan 18 110 Apr 30
88*.) 'no 95 99ftFeb 18
47ftFeb 87 58*Apr 7
UlftKeb 30 93 Feb 30
U5 Jan 6 188 Aug 33
84 J'ne «5 83ft Apr 9
MtftJan 10 .83ft Apr 2
87 Apr 85 39ftJan 10
88 Jan 81 109 Mar 37
130 Jan 17 130 Aug 10
10 J'ne 18 lOftApr 8
81 J'ne 19 89 Feb 1
HHftAun 33 78ftApr 8
30 J'ne 39 43 Mar 31
14 Jan 15 39 Apr 10
45ftJan 84 03ftApr 4
108ftJ'ne85 130ft Apr 4
109ftJan 18 174*Mar 31
150ftJ'ne85 l«7* Mar 83
lt»5*May 9 207 Sep
103 J'ne 35 14ft Mar 28
113 May 12 123* Jan 81
173 Feb 8 175 viar 3
9 Jan
9 13ft Apr 37
80 Sep 4 39ftApr 87
50 J'ne 19 OOftMar 30
103ftJ'ne 1 1 llftMar 39
U*Jan 10 28 Apr 37
16 Jan 2 73 Apr 19
HigkuL
• • « *
So. < nt. tr. otfi.
pref., vot. tr. ctfi.
Ottjr
70
34* 04*
65
94
67
01ft
13bft
pr«f.
Keokuk A Dei Molnei
/
04*
•
•105
55
71ft
Do
Do
30
71ft
"A"
ofi.
Lowest.
Highest.
Lowest.
i
Lake Bh. A Mtoh. South...
liong Iiland.
,,,
78* 72
73ft Continue A Naihrllle. . ,
92ft xStfft 90% 1/1 anhattan HleT., ooniol
163* »1 etropolltan Street
153* 152
88* 133* 88ft net. Weit Side H. (Ohio.)
80
80
Do
pref.
lift •Uft lift
8ft
9ft vt o i loan Nat'l tr. reoti...
2ft
•309
•80
H*
7lft
•
.
"B"
ous year (1899).
1.07K 109*Hep 14
3,400 173*Hop 14 188 Feb 3" 107 Jan l94*Oot
2«ftApr
i,eou 16*Jan 10 21ftMar 20
10ft Deo
\.2i
04*J'nel8 70*Mar 20 03 Deo 80 Apr
12*Doo 33*Jan
• e
18 J'ne 30 19 Mar 30
8 Nor
410
8 Apr
OftMar 5
4 J'na 18
17ftNor
• Hill
17* Mar 5
7ftJan
13 J'lr
lOftJan
10
•••III
37
Deo
lOftJ'no 31
14ft Mar
130 31* Jan 9 13ftApr 1
87ft Doc 48 Jan
100 ISftJan 10 23ftA,pr 1
lOftDeo 83*J%n
700 3UftHop 14 64ft.vlar IS
80 Mai 40*Nor
98*Sep
100 80 Bop 11 91* Apr 19 70 Jan
Uft Apr 4 lOftMar 22 14 Any 36 Jan
30 Mar
100 10 J'ne
19 Apr 3
14 Feb
030 144ftJ'neS3 174ftJan 3 142ftJnn 190 Mar
OSftMar 7 58 Mar 29 49*.) an OlftJan
Ma;
8 Mar 37
9ft Oot
5*J'ne 20
000 80ft Jan 10 HftApr 31
88 J'lr
87ft8ip
800 58 Jan 8 07* A or 5
S3* Deo aoftSep
8,07o 110 J'ne 26 iaoftj'ir 83 l00*Deo iv.2 Jan
lGftAog
000 llftJan 12 30*J'lr 20
10ft Ma.
60 42 Ana 13 58 Mar 30
40 Deo 02ftAog
10 Mar
7ftJan
10 Jan 2 18 Mar <
7ftJan 31 8l*Mar 87 • ••If
8,605
7 Sep 10 17*Apr 19
8.840 27*Sep 10 43ftApr 3 •••••• •••* ••••• •••«
»el>
8 Ma>
••••••
3*Mar 24 3*Mar 91
Aug
10 Mai
••••••
15 Feb 2 17* Mar 37
34
110 20ftMar 10 31ftA.pr 9
MftJ'ni
30 Dee
80 Jan
!••••<
83ftFeb 2 100 Apr 2
• • • I
1197 Jan
8 318*Mar 38
90ft J an 208 Jaa
14 15
Do
pref.
128* 88* f ake Brie A Weitern....
IJ Do
•93* 96
pref.
•182* 185 •183ft 130 •181 184
•139ft 184
•810 814
•810
814 210 311
•310 814
31
31
81
81ft
91ft
20ft 3. ft
30ft 90ft
84* 84ft 84ft 84ft 81ft 81ft 84
84
84ft
70h i74ft 70
•70
76
•7«ft 70
170ft 70ft
61* 21*
l*
6lft 53ft
51ft 51ft
61ft 69ft
2
71ft
>•••*!
pref.
San.
•9
.H*
7ift
800
290
Dodge.
Do
pref.
lAanawhaA Mlohlgan...
IVan. 0. P. A Gulf, tr.reo.
3
ft
89
187*
•••III
Atl
16
30
70
•105
55
93ft •93
18
•15
56
•51
•9
10
44*
11
90
•tflft
100
18ft
81
4
10
89*
78
88ft
02ft
48
14
40
•14
•27
•98
•309
•00
800
110ft
39* 3)
29ft 80ft
80ft 80ft 180* 80ft
Sift 63ft
60* 51ft
81ft 03
2 3>*
.?,i*
J
89
80 89
88
•88ft 88* •80
•186
187* •186 187* •180 187*
187ft •188
181
•180
181
180 180s
130ft
130ft 130ft
•11
lift •11
11* •11
ii*
•70
•70
79
• 70
79
70 79
79
•80
80
80
88
•80
88
83
81ft
185
814
•43
•14
8*
8
98ft
18
•130
•310
10ft
166* 164* 164* 15**,
83ft •33* 84
138ft
188* 83ft •a**
11« 11*
Uft Uft 11*
55
79
83
40
•Uft
•2ft
8*
•70
•80
•48
30
3d pref.
Terre Haute
Deb. otfi.
•••••I ••••
84
88*
02*
11«*110* 110* 110* 110*
18* 18ft 18ft 18ft
1«M
•33ft
•32* 68*
38*
Uft
5
*»•«• ••••••
•33ft 84
•03* d8ft
15ft
9ft
91ft
164ft
,
9.
LU.W. A Den.O.,itamped
102ft 102ft
48
99ft
4
•14
•38
•98
•809
04ft
74ft
80
15
18ft
8ft
29*
4
H«
98ft
15
54
94ft
18
83
61ft
71ft
8ft
84
55
*i«8ft 1 83
'810
814
•80ft 81
•84ft 85
•76*4 76
40
,;!«*
•105
65
18ft
113
•14ft
18ft
•32ft
•88
81*
84
84ft
63* •03ft 63ft
110* 110*116*
. • i •
0,470
lit pref.
A
v*r'nB.AW.,deb
.
HO
pref.
17
Do
39ft BvariiT.
80
•
630
pref.
Bo.
Jul.
• * e
19,471
.
•76
4ft
• *
Delaware
80
4ft
•••••*
•••••t
pref.
•15*
109*
176
606
430
48u
Colorado Mid., TOt. tr. otf i.
Do pref. rot. tr. otfi.
lolorado A Southern
Do
lit pref.
do
Do
3d pref. do
10ft
11' ft 110ft
10*
100
A Wheeling.
84ft
•16
•16
30
90
152ft 153ft JlOlft 158
116ft 110ft
•18ft 19
•44
48
• • • • 6 1
5,19b
7,769
18,390
.
•83
•17
40ft
•70
80
*•••••
.
10ft
•75
•31*
St. L.
•13*
80
•
820
180
pref.
Her. Lorain
10
80
•
pref.
89
18
e • t
pref
7
42ft
* t
• •
Terminal Tranifer.
•18
17
•••••• *•••••
...
160
84
15,880
88,900
13,30?
1,880
09,070
III.
Do
Range for prev-
for year 1900.
On basis of /oo-sh're lots
Shares
pref.
:hio. St.
53 L
1.
Week.
A Pao.
Minn. A Om...
Rook
Jhloago
100ft
113ft
•0
HH
41ft
100ft
16
6
18
45
•17
o/lhe
1
08
•42*
10
80
163
19ft
'4ft
•11
•88ft
•16
10*
19ft
•13
•11
•168
0*
42
•41
•16ft
•18
•10
•48ft
•80
Itallroad stocks.
•16
18
818
10
•16
47
». Do
pret.
•15ft 47
87* 38
28ft 88*
27ft 88*
vtoh. Topeka A Bant* Fe
71
70*
70ft
70ft 7uft
69ft
pref.
Do
78
73ft
71ft 71ft
70ft 71H L>alt.AOhlo l rot.tr.oertfi.
180
80
79
79ft 79*
pref.
79S '» Do
55
56ft
01ft 03ft
63ft 55* Jrooklrn Rapid Tranilt.
•00
60
•00
75
76
75
lalTalo Hooh. A Plttiburn
•105
•100
110
110 105 115
pref
Do
89
88ft 89
88ft
88ft 88ft
lanadlan Paoiflo
•4 9
•49
00
60
liUft, 49ft
anada Southern........
noift 102* •100ft 108
•101ft 103
'apltal Traction....
183 183ft 131
131* 129* 180* entral of New Jerier . .
39*
88*
28ft
28ft
27ft 38*
180* Ihtoago Barl. A Qalnof...
133ft 185ft 134* 180* 131
• ••••
•»•••» •••>•
!•••• •*!•
ihloago Ooniol. Traction.
'
'..... 90*
98* JhloagoA Bait. Illinois.
93ft ?•
•118* 185 •118* 180 •118ft 125
pref
Do
•loft lift •luft 11
•loft 11
Chicago Great Wei tern...
88
88
•83ft 83ft
88ft
88ft
Do 4 p.o. debenture!.
•70ft 73* •70ft 73* •70ft 73*
Do 6 p.o. pref. "A"..
•31* 84
•31*, 84
•31ft 84
Do 4 p.o. pref. "B"..
'28
•33
•23
3i
ihio. Indlanap. A LouIit..
57 38ft
37 88ft
57
08
58
07ft
Do
pref.
114* 118* 114), ihtoago Mtlw. A St. Paul.
113ft 114ft 114
178ft 174ft 17lft 174* •173* 174ft
Do
pref
160 103* 'hloago A North Weitern.
•161ft 103
•101ft 108
108
•07* 08
•18* 15ft •18
4ft
N.
14.
16
U8ft HI 111
177* 177* 177* 177*
4%
Sept.
40ft
>112ft
19ft
Friday,
13.
SejJt.
Range
Sales
8TOCK8.
T. STOCK KXOH.
•
42
176ft 170ft
•19
30
•37ft 08
'18
15
16
•IX
liO
110* •110* 113
176
80
08
•19
•87
•18
38
8
6
•41
•16
1110ft
12.
106ft 107ft 106* 107* 100ft
•1 10
•113
110 •110
110
•100
•100
180
•10U
180
dft
9ft 10ft
•9ft 10ft
•39
•39
81
128*
81
•08
•58ft 59ft •58ft 59ft
'103
107
107
108
108
3->* •20
•25
38ft •25
•64
•04
07
67
07
•••••« » e I II
>••••
•»•••• *•••••
10*
•58* 64*
67
108*
•57
118
180
69*
•••••• •••••
70ft
•31ft
•88
107*
128
•108
•30
•04
79*
88ft
37ft
114ft 113ft 114ft
174
1178
173
161
161ft 103
83
28H
10ft
83
84
•89
•09
•87
•64
88*
70ft
78ft
93
186
98
•ISO
136
•88% 88)4
•81)tf
••«•»»
•••••• ••••••
•
•130
8ept.
16
•46
55
60ft
•00
76
106
115
•87ft 88*
4Wft 49*
75
118
Wednesday Thursday,
Page
Weekly and Yearly Record.
Daily,
STOOKS-HIQBSST A.SD LOWEST SALE PRIOES.
Saturday,
•
1
«
..
.it
306
Wtreet Rail ware.
Bid.
Second Avenue— Stook
197
lit mort 5i 1909. MAN J107
.
Aik.
302
109
Ooniol. Si, 1948.. .FAA 1118
119
8lxth Arenue— Stook..... 805
225
Sou Bonier 5i 1945. .JAJ (111
115
Bo Fer lit 5i 1919.. AAO U08
• • » ••
Third A venae— titt Stook Bxoh lilt.
Tarry
110
5i.l928 108
Tonken 8t RR 0i
108
106
28th A 29th Sti lit Si.. '96 «118
114
W PAM
Twenty-Third 8t-8took.
Deb 5i 1900
JAJ
Onion Ry lit 5i '43.FAA
400
108
113
410
1C0
115
T
RAILWAYS,
Mtreel Hull wa
» ».
<*c
Bid.
Weitoheit litSi 43..JAJ *)0d
Aik^
113
BROOKLYN.
1909.AAO H07 108
.A*o 114ft 1 10ft
Con 5ig 1931
Impt 5t— fit* Btock Exo h Hit.
Aao no:* 108
1933
5i
B. B. AW.B.
Atlan. Are., Si
Brooklyn City— 8»""k
Com Si— Sw
-<tock
Bxc
BklrnCroiiLu5il9o8 j*j
381ft
haw
[08
J33
Hit.
106
110
104
BkiuIIgtilil Si 1941AA'
i'krn G Co. A Bob— See St ok Mx. 1UU
-"
oi> Hi. Llit
*»»
Btlrn Rao Tran
THE CHRONICLE-STOCK
532
8T00KS—HIQHE81 AND LOWEST 8ALB PRI0B8.
Saturday,
Sept. 8.
Monday,
Tuesday,
Sept.
Sept.
10.
16* 16* •16* 16*
55* 65* 56*
87* •87
87*
•se
•64
•54
59
86
86
•54
49
7* "if 7*
49
49* 49*
16
16
•7*
•16
•10
•67
8* 10*
•67
69
•83* 84
•18* IS
88*
10
16
10
•07
69
10*
69
18*
64* 64*
14* 14*
119
57* 67*
74*
•7
7*
l
S*
•8*
•83* 94
•18
•86
15
89
•184
188
".I*
SI*
•169
184
•10
13
83*
S3
90
•51* 68
•«*
6
94
94
86* 36*
189* 89*
19* 19*
67
67*
36* 36*
15
•74* 75
119
190
•114* 117
16
15
"Si*
33
63
83
90
•88
•86
•158
S3
'64
94
5
St.
lit pref.
Do
3d pref
Louli Southwestern..
•85
•45
Toledo
•58*
Twin
Do
* Ohio
58C
4,770
6,170
17,810
8.8*0
10,718
6,380
Central ....
City Rapid Tranilt.
61* J'ly
136 Jan
56* 5:* Union Pacific Ry
...pref
73* 74*
Do
83,670
4,800
400
Wabash
7
7
17*
6*
•134
16
88*
156
S3
68
38
90
96
156
84
68
33
•88
95
•159
34
•65
15* 18*
pref
69* 63*
Do
39* 32* American Cotton OH
61* 68*
•8»
33
90
85
85
156
•158
•88* 90
o
•94
96* American
pref
i
•159
Dlitrlct Tel ....
166
American Bxpreis.
34* American loe
pref
pref
84
pref
Do
33* 2 3*
36* se* 36* 36* Arc er. Smelting A Refining
90
8k*
pref.
IS»*
Do
86*
•19* 90
19* American Steel Hoop
19* 19* 19
•66
87
•86
•86
67
87
pref
67
Do
67
38* 36* 36* 36* Amer. Steel & Wire (new
38* 36* 86* 37
pref
75
75* 74* 75
75
74* 74*
Do
75
119* 130
118*120* American Sugar Refining
119* 19C* 119* 120
•117
ne •116 118 •116 117
pref
118 me
Do
•83
•98
34
90
67*
36* 86*
7«* 74*
119* 19C*
•114*117
•
•83*
34
36* 3b*
89* 69*
19* 8U
•88
98
•88
•88
62
93
99
American Teleg. A Cable.
98* •27* 38* •27* 88* •27* 98 American Tin Plate
•80
8i
81* 80* 80* •80
pref
8u*
180* 80*
Do
93* 93
93* 94
93* American Tobaeoo
93* 94* •03* 94* 93
•198 131
188
131
pref
191
Do
1131
•44* 45
45
45*
44* 44* Anaconda Copper
44* 44* '44* "45*
46m 46
99
•88
88
98
27* 87*
180
80*
93* 94
•169
179
•169
•6*
7*
•35*
85*
•118
198
•88
98
81
99
168
179
c*
8
35* 35*
•119
194
173
178
163
•0*
16*
81* 85*
85* SS*
181
181
•188
•119
191
178
•6*
7
35* 35*
130
134
13*
14* 14* •13* 16
173 179 1179 179
178* 172* 172* 172* 178
•95* 96* 35*
•87* 38V
96
SO
93
96*
•80
80* 178* 79
78* 78* 17«* 79* 7»
90
90* 90*
•14*
•14*
16
4* 84*
67*
167*
'78*
35*
66* 67
79
79*
78*
188* 139
61*
•138* 139
*
5
•105
139
69
51
97*
197*
85*
67*
79* 79*
85
67
85
9**
91* 31*
66* 66*
•88* 99*
•3*
6
•78
•98
•10
3*
99
6
•78
•98
LOO
13
•10
13
•84
•17*
86
•73
•98
75
10
17*
8»*
46* 46*
193* 93*
35
ISO
ie*
7
•35
13C*
15
•«
18
89*
89* 89*
•25* 97
•35* se
46* 46*
63* 8S*
87
•95
35
183
188
•18*
18
54
54
186
69
6
14* 14*
11* 11*
68
47
168
•45
11* It*
•70
pref.
Co.
•6
87
18
18
•Vd"
•97
Do
•8
(St.
Louts)
Do
pref.
Manhattan Beach Co
Blionit
pref
National Lead,
18
93
87
18
pref.
Laclede Gai
73
100
10
32* 38* National
•65* 87
Do
18
93
90* 89
Knickerbocker loe (Chic.)
•88*
Do
38
National Steel
•35*
Do
86* X84
84*
45* 46
45* 45* National Tnbe Co
Do
93* 94* x81* 91*
96
pref.
pref.
136
34
•88
188
35
15*
•15
15*
•6
31* Si*
90* 92
39
39*
14*
15
•6
7
pref.
NewOant. Coal (new stock)
N. T. Air Brake
North American Co
35
188
Ontario Silver
7
SO* Pacific Mall.
eopTiGas-L.AC.(Chio.)
91*
38* 33* Pressed Steel Car
73
71
78
71
73
pref.
73
Do
78
78
1187
187
1188* 188* •186 188 •186 188 Pullman Company
13* 13*
18* 19* 19
13* 12* 18* Republic Iron A Steel
54
54
54
54
pref
Do
53* 53* 53* 53*
•89* 63* •62* 83* •68* 63* •68* 83* Oliver Bullion Certlfi....
31
31
90* 91*
3=* 38*
30
90
.
•18
•67
90
68
•8
6
ev* 70*
69* 70*
•18
•67
;0
68
6*
70
5*
70*
15
IS
•11
166
15
•14*
15
15
19
66
•n
13
•11*
46
H7
•45
85* 8«*
47
66*
46
18
67
80
68
•5
8
•18
•67
14* 18
11* U*
i
•70
1
47
*
11*
8.
Do
68
69
A
•14*
•11*
•46
IM4
6S0
18
I ...
J'ne 95
J'ne 1
17
Jan
3* J'ne
S8*May
J'ne
9
86
20* Mar
67 Apr
J'ne 87
3S*8ep 10
31
8
55
18
89*
•90
•184
95
ISO
OUTSIDE SECURITIES
itresl Kallwart
Ooney Island A Brook)
JAJ
1st 5s 1908
i
fs eertfi lndbtl908.J AJ
B'kC.ANew 5i 39. JAJ
ftr.8t.ANew lst5s'06AAO
ftp't
A Lortmer
Bid
.
St. 1st 6s
108
100
114
104
1U6
Ir.gi Co. BleTaied.—
lit 4s 1949
88
Nassau Bee pref
tl 1844
75
AA<
JAJ
111
Atk.
385
103
117
1C5
BS
80
119*
90
91
HewWmb'gAFllitex.4*. too
•t«mw»»lttAtia99..JAJ 1118
105
1st 4s
184*
70* 70*
8V
a**
•93
1198
Jan 99 Apr
Jan 46
Jan 78 Apr
Jan 141 Feb
38*J'ne 51*Pa*
66*Dec 84* Jan
Dm
6* Dec
May
T*Deo
19
45
Deo
Wtreet
l*May
7
9*Apr
10
l*Jan
83 Aug 15 37 Apr 30
36 Oct
"soo 115 May 1 150 J'ne 7 110 Deo
8*Jan
3,918 13*Jan 33 15*Mar 26
Mar
6*J'ly 7
6
9 Feb 2
1,875 35* J'ne U 47*Jan
35 Dee
8
89*3ep
m*Apr
90*Deo
93,850
1,36<
»!*Aug98 58* J as
44*J'ne
557 71 An. 95 88*Jan
75 Deo
6 176 J'ne 85 189*Jan
156 Jan
3.6S0
8* J'ne 35 97*Feb
18* Dec
1,83b 49 Ang 1 70*Feb
80*Dee
59*Jan 16 60*Mar
58*Dec
80 19 Aug 30 8«*J*ne 15
pref
U
I
OTHER
C1TIB8.
BR—
Preferred
Bid.
Mtreet Railways.
Ry— Con 5s —8*4 P btla.
1107
Croist'wn— 1st 5s.
'6
C Hob A Paterson
Col St
Buffalo Street By— Stock. 100
lit oonaoi 5s 1981. FAA
116*
Deb 8s 1939
tice
Chicago City
Stock.
950
Indianapolis Street Ry...
18
Cleveland City By
IOC*
CleTi City-ltt 5t '09. JAJ 108
Cleveland Electric Ry
S3
Con 5s 1913
MAS 108*
Coiumbus (O) St By.,.,
MAN
l
91
J
117*
110
955
81
i09
100
•*4*
4*
93
98*
4sg N <
1
1949. .MAN
4*Mar
68
79*
RAILWAYS,
Wtreet Railways.
Atk.
New or*
list.
110
City Ry.
Preferred.
North
orth Chic
Chicago—Stock..
lit 5i 1906-16
JAJ
North Jersey St.—Btock.
17
K*
.
1108
Kansas City El 6s
JAJ I 88*
Bondi
Gear 4i 1938
(Chlo)Bl*T-8toek
St
9* 10* Pat By eon6i 1931 .JAD
Lake
98
94
Gen 6t 1914
JAJ
AAO
deb Si 1938
LooIit St Ry— 6 p e bondt 1118* 119* Ptot A Pawt'ok-lnSi 'S3
88
83* toebetter By
Common.
119* US
OonSl 1930
AAO
Preferred
8d 5i 1933
JAD
I ynnABot-l tt 5s '94.JAD 4118
{ Buyer payi aceraec
Mlnneap St By-5t 1 9. JAJ 1108
M
il
'
48 Jan
3S0 J'ly
17*Not
lo*Apr
55
1
Jan
89*Apr
61 Ang
91
Sep
8 07*Oet
SS*8ep
79 Aug
66
•••
67 Aug 81
6 10*Jan
S
6*8ep 15*Not
J'ne 28 1C4 'Feb
i
36 Jan 196 Sep
15*Jan
300 13*J'ne 19 16*J'ly 11
11 Not
850 10 J'ne 18 95 Feb 7
17*Dec 48 Bar
Mar
89
8,046 56*May 9 77* Feb 9
71 Dee
60 Jan
isr 145 Mar 13 !48*Mar 31 145 Dee
7*J'ne 95 19 Jan
6,436
5* J'ne 40*NOT
730 85 J'ne 95 77 Jan
64*Deo 84$eW
6 44 Jan
8,450 91 J'lt
37*Deo B7 APT
81 90 Feb 97 104*Jan
99* Dec 191 jny
22-130 J'ne 1 U98*Feb
190 Dec l
9,486' 77*J'ne38 88*Jan
89 Dec 89*Jan
59*J'ne 95
816
5.310
oonskcutivi paobs).— 81REET
Atk.
"SUlwf
^S
MV* --*
Bid.
Aug
Jan
31*Dec 39*Bep
18*May 91 Not
45 Dee 59 Ang
89*J'ne 18 31*Apr 8 30*Feb 64 Sep
190 118 Sep 8 131*Jan 17
88 Jan 180 De«
970 ll*J'ne 23 81 Apr 2
6*Feb 21*8ep
8,136 *167*A'gl4 199 Jan
3 163 J'ne 333*Mar
4.S06 81*May81 38 Jan
S
80 Dee 65*Apr
880 70 May 12 89*Jan 3 71 De< 103*Attg
63 Jan 101 Aug
400 90 Ann 13 9 8* J'ne 14
98*Jan 180*O«t
101 Jan 3 19**Feb 98
6,577 38*J'ne85 57*Feb 6
89* Deo 75 Apr
67 Deo 93*Apr
1,988 60* J'ne 86 77*Feb 6
797 64 May 17 81 J'ly 17
till *!•*>
8,87( 180 Jan 10 l41*Sep
7
95* Jan 133 Not
580 44 May 15 58*Feb 6
37 Dec 76*Mar
880 98 Jan 3 10l*Feb 1
95 Die 110 Jaa
15 106 J'ne 35 11 5* J an 11
97 Jan
8,800 14*Mar 6 95*Jan
3
17 Deo
69*Dec 95 Jan
1,386 58 Mar 6 70*Feb 6
600 84 J'ne SO 80*J'ly 14
3*Aug 8 10*Jan 38
9 Deo 36 Feb
84 J'ne 89 40 Feb IS
50 Dec 68*Feb
70 Not 84 Feb
53*J'ly 81 68 Feb 8
116 65 May 10 80 Jan 5
51 Mar 86 Dee
96 Jan 11 100 Jan 4
95*J'ly 109*May
39 Apr
6*Jan 30 18* May 2
5 Jan
8,790 93 J'ne 91 40*Feb 7
31 Deo 89 Jan
7'
165 79*J'ne 18 96 Feb
89 Dec 107* Jan
93*Dec 40*Jan
720 15*Aug 11 38*Feb 5
388 83 Aug ll!106*Feb 20 103*Dec 115 Jan
35'J
90 J'ne 23 53*Feb 6
31*Oeo 68 Apr
381 7S*J'ne 26 97 Feb 6
85 May 99*AM
9,710 40*J'ne 85 54* Apr 5
4,996 86* May 14 94*3ei li
•
Railway.
IS
64
i'.esc
Standard Rope A Twine..
Tenn. Coal Iron A BR
Texas Pacific Land Tinst.
16
11* I mon Bag * Paper
pref
Do
66
United States Bxpreii. ..
47
Leath
er
States
United
11*
7
Oct
8S»
5*
(Gtvrn at foot of
Jan
8*Deo l4*Fee
64 May 75*Jan
98*Deo 44«Jan
6*Jan 18*Au»
40*Aug
17 Jan
97 May 44*NoT
10 May 14*O0t
40*Jan 56*NoT
12*Dec 25*Ma»
11 7* Dec 942 Feb
pref
Do
99* 3?* United States Rubber
pref
Do
95
94* vm
181
180
194 I'SO
193
189
•131
123
198
Wells, Fargo A Oo
80
78* 80
79* 80* •79* 80
80
7v* 78*
est. Union Telegraph
9* 7**
• Bid and asked prices; no sales on this day.
1 Less than 100 share*,
t Mx 100 p. c. stock di». » Ex rights.
701,
894,
Jan
68*Apr
38*Mar
44 Not
90*Not
7*Dee
80 ill Jan 8 1130 Apr 30 1108 Jan 1119 Feb
8,419 19*Jan 15 18 Feb 7
10*Dec
1,750 57*J'ne85 67*Apr 9
51 Deo
1,790 30 J'ne 35 37*Apr 7
SO Dee 46 Not
88*Jan 97*Oet
90 Jan 8 100 Apr 5
52*Mar
800 34*Jan 4 3S*Jan 83
30 Oct
1143 Mar 6 159 May i 138 J'ne I160*Ab
889 37* J'ne 36 49*Apr 4
41*8ep
31 Dee
115 60*J'nel9 78*Feb 3
78* Deo 85 Sep
9*
460
6*J'ne
16*Feb 8
8* J'ne 16*Not
910 49*J'ne95 60 Feb 5
44*J'ne 61 Dee
6*Dec 37*Jan
S J'ne 13
7*Jan 2
80C 18*J'neS7 Sl*Jan 3
84 Dee 87*Jan
3.894 S4*J'nel8 4S*Feb 6
80 Dee 59 Apr
771 85 J'ne 35 93 Mar 94
77*Dec 94*Apr
1,695 17 J'ne 35 50*Feb 6
84 May 48*N0T
600 84*Aug88 86 Feb e
70 May 86*Sep
16,5-9 88*J'ne 35 59*Apr 2
88 Deo 78 Mar
5,770 69*Jne 35 95 Feb 1
84 Deo 106* Mar
S
183 Mar
114*Dec
46.135 95*Mar
187*Jan 4
110 107 Mar 8 118 J'ly 14 110 Jan 183 Mar
I88*8ep 6 198*Jan 13 194 Deo 106 Apr
i',080
80 Dee 68*Apr
18 J'ne 85 36*ieb
74 Dec 99*Feb
5S0 7C* J'ne 35 84*Apr 9
95
889*Apr
14
t78*Deo
10,310 84*Jne
lll*Feb
10 138 May 17 140 Feb 15 131 Deo 150 Mar
31*Dec 70 Ayr
1,810 37*J'ne 95 54*Apr 3
•••• 140 Jan 8 175 May 31 ISO Dec 160 Mar
9*May
180
6* J'ne 85 16*Jan 95
70
67* x84*
66
•46
47
Clots-Sheffield
30
6*
69* 70
11*
es*
ii*
U*
11* 11* 11*
~' '*
70*
71* 171* 71*
9v* M*
89* 9r* 34* 98*
95
195* 95* •92
95
U*
Do
55
134
S3
9C* 91*
39* 39*
16
S
70
TT'ederal Steel
80
•15
i
38
26
SI
18*
S3* 34*
66* ee*
130* 130* 138
•6
118
73
100
13
S3* 33*
187* 67*
96* i6*
8«*
46* 46*
9&* 94*
n
15
•87
73
136*
7
80
68
30
65
•98
13
•17*
•88*
15
•18
•67
pref.
Detroit City Oai
Brie Telegraph A Teieph.
34* 34*
67*
75
100
•83
•6
12* 18*
53* 53*
•69* 63*
Do
73
•71
90*
67
33* 33*
15
63*
16
•73
•98
•10
7
183*
Consolidated Gas (N. T.).
Continental Tobacco ......
95* 96
79
pref
Do
A Hook. Coal A Iron.
199*
15*
•68*
70
85
ISC* ISO*
31* 31* l?0* 80*
68* 9C* 90
91*
39
39
39* 36*
79
79
7'* 78
1188
36*
Col.
i04
18
18
•85* 88
46* 46*
93* 93*
184
•13* 16
171* 178
A Iron ....
79* 76*'Qas A Elec. of Bergen
140* 1139* 139* 189*140* General Bleotric
140
74
100
19
18
•35
II"
178
15
33* 38* 33* SS*
87
82* b5* 84
86
•6
99*
34*
85*
88* 33*
36* 26*
•85
99
75
100
83*
180
•15
19
9<*
66* 66*
87
olorado Fuel
35* 36
79* 78*
140
51
•104
110
35*
7
59
60* 50* 50
•50
58 Gluoose Sugar Refining.
pref
99* 99* 99* •93* 99*
Do
'101
1108 108
H. B.ClafllnCo
It* 19* 130
19* 30* 80 "so*
International Paper.
80
^rex
87
66* 66* 66* 86* 36
Do
26* 38* 88* 8:* 98* 88* •88* 88* International Power
•3*
ouver......
•3*
•s*
Iniernauousi
5*
5*
6* •3* 5*
51
•
34*
67
16*
13*
16
Brooklyn Union Qai
runiw. Dock A C.Imp't
Colorado Coal A I. Dev't
179
165
....
321
1,630
Adami Bxpress
merican Car A Foundry
198
44*Jan 10 60*Apr 4
70* J'ne 33 78**pr 4
6* Mar 16 9*Apr 87
34*Apr 87
llMMar 36
8
46 Aog 30 58*Apr 8
31*J'ne 18 S8*Mar 26
670
160
109
.
•194
133
15
•32*
18
66
Highest
90
35
68*Jan 94 38
149 Apr 19 118
pref.
pref.
22
5
871
88*
pref
Do
S3* Southern Pacific Co
11* Southern, Toting tr. otfi.
54*
Do pref., rot. tr. otfi
16* Texas A Pacific
111
hlrd Avenue (N.T.I...
15
»110
18* 18*
18*
i*
61* 61*
j
36* 36* 38* 36*
88*
89* 89* •89
•19
86
U*
34* 34* 34*
67
184
67* •65
Do
•9*
10
10
110
6* 9*
•M 9* American Llnieed
58*
Do
53
69
152* 58* •51* 52* •51
•4*
•'*
•4*
5
6
•4*
4*
American Malting
5
10
•83
7
15
98*
S3
Do
69
28*
3i*
11*
53*
111
Sd pref
17
15* Dec
49*Dec
83*Dec
85*Jan
4
J
5
7*Aug 81
May 34
88*May 36 49*Jan 8
ll*J'ne26 16* Feb 5
8*J'ie 25 13 Mar 31
66 J'ly 13 78*Mar 30
31*J'ne88 39 Mar 30
6*J'te 20 13*Mar 26
21*J'ne33 S4*Apr 16
80* J ne 18 43 Mar 27
lC*J'ne 85 15*Mar 27
49*Jne 95 61*Mar 87
13*J'ne35 81 Apr 17
45*Mar 8 135* Jan 3
400
600
100
* 8. Ft., rot.tr. otfi
St. Ii.
33* 33*
67* 57*
74* 74*
6* 6*
18*
133
157
33
68
•61*
•4*
•67
III.
»l*Apr
66*Apr
35* Ai r
65 Aug
93 Mar
16 J'ne 20
49 Jan 9
86 Jan 9
43*Jan 97
80 Jan 16
*••••
•••••-
Lowest.
Highest.
Lowest.
•
pref.
T0t.tr. ota.
lit pref
Do
•8*
1136* 188* *134
S3
90
38
•88
88* •85
158
•158
34
83
•65
10* 10
7* St. J. 4 Q,
Do
Do
11
•95
•45
7
Do
•48* 49*
•15* 18
•9* 1C*
69
•no
• •
pref.
Do
8* Wheeling A L. B., new
9
8*
•46
48
146
•46
48
48
lit pref
146
Do
48
Do
3d pref
84* 84* '!§* 84* 33* 33* 133* 83*
•13
13
13
IS
13* 13* Wlicon. Central, new
16
34
pref.
•33
Do
34* 34
35* 134* 88* 34
rtllscellan'a Stocks.
136
1188
111
•
•7
9*
•67
5-* 58
74* 7**
•8*
15k 116V 1?*
62* 61* 63
115*
•110
•85
•45
18* 16* •18
48
84
13
86
•88*
16
9*
69
I » •
Bio Grand* Weatern
67
90
•54
I
LXM.
[Vol.
2.
Range for preRange for year 1900.
On oasis of loo-sh're lots tnous year (1899)
8,780
43.280
9,000
<
.,
33* •33* 84
11* 11* 11* 11*
89
89* 28* 96*
38* 34
33* 33*
•11* 11*
11* 19
54* 56
54* 54*
14* 15* 16* U*
7*
•7
50
•is*
of the
Week.
Shares
16* T> eadlng, Toting tr. otfi..
54* 55* A* 1st pref yoU ti Ctfl
86
86* 2d pref., roting tr otfe.
»3S*
57* 58
74* 74*
9
46
48*
•49
67
•85
•45
•60
57* 57*
74* 74*
•7
7*
•18
18*
174*
•8*
8* .9*
119
"110
•85
•45
•60
•18
•15* 17
STOCK8.
STOCK EXCH
16
7*
•48
PKICES(2pagca) Page
j
67
90
"ij"
48* 15*
46* 49*
•16*
18
•54
57
90
7
34* •33* 34
18*
12* IS* 19
99* 80
89* 30
33* 34* 38* 84
11* 19
11* 19
54* 54* 54* 55*
14* 14* 14* 14*
18
•110
86
•45
•60
7*
•33*
30
34
80
97*
•54
57
90
"»7"
Sen
97*
56
N. T.
14.
Sept.
13.
16* 16*
65* 55*
9e* 26*
16* 18*
16* 16*
66* 67*
97* 87*
57
90
l
Sept
1'2.
Sept.
.
Bale*
Friday,
Wednesday Thursday,
11.
8
..
.. ,. .
.
.
Sept. 15
ON
.
9191
THE CHRONICLE -BOND
1900.]
BOND8
H. Y.HTOOK EXCHANGE
Emma Seft. 14
Wbbk
Priee
Friday,
Week'$
Range
Range or
einee
Sept. 14.
La$t Bale.
Jan. 1.
Aik. Low. High,. No.
Bid.
Low. High
Wbbk Endiko Sept.
A St Paul—
MA8tP-lst7s8gRD.'03
91% 93% 91%
10
I£82£l2
1995 No t t
Ik
Bale
86%
Sale
Stamped
BqulptrserAg5s....l902J -J
Ohio A St Lou 1 it 6s. 1915 Itl- 8
Atlanta A Char. See Son Ky.
••••as ......
••••I ••••••
.
Knox A No 1st g 5s. 1946
Atlan A Danr See Sooth Ry
Atlan A Tad. See Sooth Ry
Austin A N W. See. So Pae.
Atl
I
-
D
98% 103
99 100%
78% 85%
99% May'00
86% 125
79% Deo '99
«•»•••
• • • •
• •
103
105% ioe
I
Sale
199
100% 100%
100* J'ne'00
ib'o'% Sale
"87
87%
87%
"sum!!!!!
-J
PJunAMDlT 1st g 3*sl925 M- N
91
95
94)4
93% 97%
97% 103%
100
101
86% 91%
'...1935 J
Registered
87% Sale*
F-A
109
lfononRlvlstgngSs.1919
Oen Ohio R 1st o g 4*s 1 930 M- 8 104
1990 A98% 97
WVaAPlstg4s
'
86% Aug'00
Q-F*
'Registered
86
May'00
111
111
91
••
•
111" 113
• • •
J'ne'99
•
«•
••••!
•
1
Beech Creek.
Bel
SmNYCAH.
A Car.
BooneT
See Illinois Cent..
K A T.
Bridge. See
M
BwayA7thAr. SwMetSRy
A Montaok. See L Isl.
BrnnsAWest. a««8avFAW
Buff N Y A Brie. See Brie.
Bklyn
Buff A Southwest. See Brie.
•100
1st gold 5s.. 1913 A1913 A-O
Registered
O
1906 J-D
BurCRANlstSs
OonlstAeoltrgSs....l934 A-O
1934 A-O
Registered
113% Aug'00
See
Oar Cent.
8ee
Carthage
A Ad.
8eab
D.1
107
117
189
194
J'ly'00
195%
125%
131
125%
Not'99
106% 106%
118% 118% Aug'00
117% 117W
105
5 108
115
10 116
Jan.'99
io7%
108%
104
109
118%
117%
•••••• ••••••
• • • •
3
ios"
106%
Apr '00
1
105 " 108%
106
104
109%
104
A Roan.
See
91
90
93%
43
(0%
....
MAm Dook A ImpOo6s.l921 J -J
LeAHod Rgen gugSs.'SO J -J
96
i
I
94% 103
114
106
110
91
117
93%
130
88%
SO
17
43%
11%
ft ',*
Sep.'OO
Deo '99
J'ne'S9
May'00
100%
I
• * •
J'ly'00
105% Aug'00
J'ly'00
101%Apr'99
101% 101%
105% J'ly'00
106% Feb '99
103
103
108
103
115
109
Aug'00
114
109
Aug'00
Aug'00
Aug'00
103
107
108% 118
102
120% 188
10 108% 112
119 122
112 116
188% 188
11
113
113
117
110
100% 119
109
115
106*
103
Aug'00
186
100
108
35
Sep.'OO
115%
ios
116% 117
195% Aug'00
110% 110%
110%
99%
104% 104%
100% 103
100% 100%
Jan-'OO
186
96
100
106
i'o'6%
101
115% Jly'OO
105% J'ly'00
111% 111%
111% J'ne'99
119
113
99
100
101
92
109% 118*
Aug'00
101% Apr '00
103
OUT8IDE SECURITIES
Preferred
United Bys ( St L Transit)
Preferred
Gen 4s 1934
JAJ
On a TrAHIeof ProT)-BL *
Bid.
99
1
1
IBS
120%
129%
110% 115
110* ,....
118% 119
119
117%
119
119
140
119
130
140
109
109
110
107
110
103
117
Bale
Sale
110
110
117%
Sale
r
108
107
108
10
6
119
Aug'00
140
Aug'00
Aug'00
May'00
Mar'00
Aug'00
Not'98
118
» • • •
• *
••
88 117
118%
110% May'00
J'ne'00
107
105% Mar'99
107% J'ly '00
107
109
105
117
Dec '99
109%
• • • •
•
116% 119
120%
117% Feb'98
190* 190*
119* Deo'98
118% 199
103
103% Feb
109
Not'99
112% Apr'00
103% 108%
'00
103
110
109
123
186
U2%
no
118%:
113* Apr '00
111* Apr'00
122* J'ly'00
186
134
Sale
130
185%
136
Aug'00
187% Aug'00
139* Apr'00
106 Aug'00
109% Aug'00
133%
136%
137%
106%
137%
139*
100
98
May'00
86% Aug'00
98* May'9U
109% Aug'00
96
i
••
s • •
99
100%
183%
103* 108%
105% 107%
107
107
....
184
199
187
130% 180% Aug'00
130% Sep.'OO
106% 107 10«% 107
180
107
22%
1
96
88% 86%
107" il«*
1
DA1
1st
gu g
932
100
J-J d
103
130
1921
5s.
1
91
A-O
J-J
M-N
1905
1937
5s.
99%
'113
118*' 180*
OoU'99
•»•••• ••••*•
J'ne'99
Jan-'OO
108
Aug'99
14
109
111
at
99% 100
Oong 5s 1986
MAN 109 109%
Woroester (Mass)Tr-Com
.11* 33%
•
••
t
• •
Securities.
111% 117
100
118
107
116%
Bid.
J-D
J -J 98
ClnWAMDlTlstg4s.l991 J-J
98
DIT
1st
ool
tr g 4s. 1990 M-N 108%
St L
Registered
1990 M-N
90
Spr A Col DIt 1st g 4s. 1940 M-8
Val DiT 1st g 4s. 1940 J-J
90
C I St L A C cons 6s. 1930 M-N
98
97
Cairo DIt 1st gold 4s. 1939
WW
118* 114
98*
108
99
••••••
88
96
98
9b%
CC OAIoonsol7s
Consols
f
7s
Gen oonsol gold 8s
Registered
HI
J-D
J-D
.,.1914
•••••• ••••-
"a a
Sep.'OO
. .
........
180
114
131
100% 104%
••••••
105
1932— See
Stk.
N.
Amsterdam Gas—
1st oonsol 6s
NT Bleo Lt Ht A Pow—N.
Gold 5s— Bee N. T. Stk.
Ex.Lt
800
st.
810
••
• • « » •
•
•
•••••
Mini
••§•
100
105%
iii" ii'iii
185% 186
Aug'00
198% 187
Aug'00
CABlstMOCOAI7s.l901 a O 104%
108% Feb '99
Olnd A W lstpf 6s... 1938
J
Peo A Bast 1st oon 4s. 1940 i-- o
88%
87% 88% 88
Inoome 4s..... ...... .1990
87
27% 27% Sep.'OO
Sep.'OO
CI Lor A Wh oon lit 6s. 1993 A?«
111
106
111
May'00
198
1B0
CleT * Marietta. SssPaRR.
CIot A Mahon Val g Bs.. 1938 J-J •130
Registered
1988 yu-J
CleT A Pitta. Bet Penn Co.
Col Mldl , d-lstg8-4s...l947 J- J
73
lstg 4
1947 j- J
75% Bale
1939 F-A
Col A Sou 1st g 4s.
81% 89
Ool* 9th At. Be* Met St By.
Oolum A Greeny. See Bo Ry.
VaL Set Hook VaL
Col A
Ool Conn A Term. Be*
Conn A Pas RIts 1st g 4s. '48 A-O
180
,
H
73*
75%
88
74%
76%
89%
..... I...M
84% 88%
84%
24
79%
71% 80
19
68
18
89
87
NAW
DskAGtSo. BssOMABtP.
alias A Waoo. Be* M K AT
dDueOet.
—
*-, w ~~~ —
v*-»—w AprU.
IDueMay. «virwvueeuw.
•"««
tibue
Aug. cDue
aOpUonaalaa. v*sr
w« Aee*»e
iea.ss.jy.
Gaa Securities.
Y A Bast RtTer Gas—
1st 0s
Mutual Gas.
ia
•
Not'99
136* 135% Aug'00
1914
1 98
J -J •181
1934 I -J
98%
98
May'99
105% Apr'00
114
98%
94
19
J'ne'99
.
lstg 4s
1936 O-F/
F6
Registered ........ 1936
16
Cin S A 01 oon lstg Oe.1998
J
Ask.
NBW
Con. 6s
108
113*118%
118* Sep.'OO
118% Aug'00
114
114
136%
185
140
132%
92% 97%
118% Aug'00
l>
D
1921
5s.
131
132
140
127
1944
JAJ
Bid.
*1U%
Ask.
118
SECURITIES,
<Sc
Ble< Ask.
Osi Securities.
Chicago Gas— See N Y Sto ok Bx ok.
.•••••
Mnolnnati Gaa A Coke.
.
46
Consol 5s 1945
JAJ 107* 108% lol Gas L A Heat—Com.
YORK.
80
....
Preferred
69% Cent Onion Gas— 1st 5s »07 107% Nor Dn 1st 5s 1997. .MAN 108% 104%
JAJ |104
lit 5s 1933
90* a 2
Oon Gas (NY)— Stook-N T8t> Bxon Standard Gas—Common. 187 199
Preferred
66
67
147
149
Deb 5s 1908.
,.,
O insolld Gas (N J)—Stok 10
MAN 90% 99
,.
J*J 79
1st 6s 1930
85
1st 5s 1986
MAN 1115 118
85* quit Gas18
68
•••••
J'ne'00
116
III
General gold 6s
N
94%
U7%
(Given at foot of 7 coitseoutivb pages).— GAS
Obi
Ask.
100
117% 117%
190
117
5 118
11
LA NO. Bee Cent.
LA Pitts. See Pa Co.
B—
Street
set Rail
Railways.
way a.
.
117% OlStLAC. SssCOGAStL.
115% 119* Cin 8 AC. SeeCOCAStL.
115% 121% Clearfield A Man. 8m B RAP
117
117
C C C A St L—
es 95% 100%
Geng4s
....1993
J'ne'00
110
115
Feb'98
110
98%
98%
94* Aug'00
110
108
130
Ctn
117% J'ly'00
119
130%
98
Chlo St
Ohio St
Chlo St
112% 115% Ohio A West Mich Ry
Coupons off.
100 105
Choc Okla A G gen g
80 100 101% OlnH ADconsf 7s
2dgoldi*s.
n«% Sep '00
100
109
Ann 00
P M A O oon 8s. .1 930 J -D 184% 180% 184 Sep.'OO
133 May'00
ChStPA Mln 1st 6s. .1918 M-N 131
105 105
Nor Wlsoonsln Ist8s..l930 J -J 135* 140 140 May'00
8tPABClty 1st g 6s.. 1919 A-O 131* 183* 80% Aug'00
107% 111%
Vi
98
117% 185
Chlo Tor Transfer g 4s.. 1947 J-J
92* 94
106 Oot.'99
116
133
Ch A West lists fg6s.. 1919 M-N '105 ....
180
Aug'00
117
Sep.'OO
Apr'00
1
36
Sep.'OO
J'ly'00
100%
82%
Aug'00
166% 169
178% 1791a
166* 1792
166 178U
118*116%
Aug'00
J'ne'00
109* Aug'00
168% Bep.'OO
119 Apr '00
110% 111%
117% Aug'00
116% J'ly'00
117% 117%
109%
169%
lst2*s
—— »— TDue
latest bid
****« «*
s«im and
iDueJune.
Jan.
»!.
*DmNot. ia^»aww
wmmm asked
wm BUW this
week.
WOOA. tBonds
IllVUUslUUDrf
due July.
al/i ei/nvaiw**
B
Bo Side HI (Chlo)— Stook.
Syracuse Rap. Tr., 5s, 1946
union Trao (Chlo) Com.
J
5s. .191
1905 J -J
Kxteuslon is
1905 J -J
KeokADesM 1st 0s.. 1933 A-O
96
Small
1923 A-O
43% Chlo A St L See Atoh T A 8 Fe
Oot.'99
106
100)4 Sale
19i7
•••
114% Sep.'OO
114
O> las»T0 A Brie. SssBrie.
Oh In A Louis— Refg6s.l9i7 J-J
X«-or——arte* —
Friday
'«'
• • • •
183
130
Ones A Ohio g 6s ser A.. 1908 A-Ot 117 H8
1911 A-OT 118 133
Sold 6s
1st oon k 5s
1939 M-N 130% Sale
Registered
1939 [VI- N 113% ....
Oengold4*s
1992 M-8
98% Sale
1992 M-8
Registered
Oral? Valley 1st g 5s.. 1940 J-J
R A A Dlr 1st oong 4s 1989 J-J 106% 107%
3deong4s
1989 J -J »,
100
Warm Spr Val Istg5sl941 M-8
Bill Lex A B 8 go g 5s. 1 902 M-8 101
101%
Ohio A Alton sink fd 6s.. 1903 M-N '106%
Lou A Mo KIt 2d 7s ..1900 M-N
Miss RIt B 1st sfg 6B..1912 A-O
Chic Bar A Q— Con 7s ..1903 J -J 110 Sale
Sinking fund 5s
1901 A-O 103
Ohio A Iowa Dlr 6s.... 1905 F-A 109
DeuT DlTis
1922 F-A '01%
Illinois DIt g 3*s ...1949 J-J
103 Sale
Registered
1949 J-J
Iowa DIt sink fd 5s ...1919 A-O 106%
4s
1919 A-O 105%
Neb rusks HI rten is.... 1927 M-N 111%111%
Registered
1937 M-N
Southwestern DIt 4s.. 1981 M-8 '••••I
OonTertlble 5s.
1903 M-8 124%
Debenture 5s.
1918 M-N •110%
Han A St Jos oon 6s.. .1911 M-8 119
ChlcA Hill, lsttf our6s.l907 J-D 114%
Small
1907 J-D
lstoenK6s.
1984 A-O 136 Bale
Swoon 1st 0a.
1937 M-M 115 115%
Registered
1937 M-N
115
Okie) A Ind
By 1st 5s 1980 J-J 105 108
J-J
A A Ch 1st 6s.. '10 J-J
Aug'00
107% May'00
128% 123
W
Refunding g 5s
•
e
95
103
105
.1908
BC 5s
1912 M-N
Leh A
Conextguar 4%s...l910 Q-MI
Cent Paelno See So Pao Co
Charles A Bar 1st g 7s... 1938 J -J
J'ly'00
10%
6%
122*
1987 Q-Jt
. .
93%
43
Sale
Sale
Sale
Registered
OonTertlble deb 6s.
Aug'00
98%
97%
Sale
87% 90%
90
117
'1175*
5H
MANDlTlstgOs
1946 J -J
95
Mid Ga A Atl DIt 5s.. .1947 J -J
91
Mobile DIt 1st g 5s... 1946 J -J 108
Oentof N J-lst cons 7s. 1902 M- N 109
General gold 5s
1987 J -J 198%
West CMeago
•••••
Cen.
let pref Inoome g 5s . . 1945 Oot. *
Bd pref inoome g 5s ... 1 945 Oot. t
Bd pref Inoome g 5s ... 1945 oot. t
*
•«•••
• • •
114%
Apr '97
100
M-S
NYC AH
CRIaFAN. teBCKiN.
Can Branch D P 1st g 4s.l 948 J - D
Central Ohio. 8ee Bait A O.
OenRR A B of Oa—Col g 5s'37 M-N
Cent of Qa Ry— 1st g 6s. 1945 F-At
1945 F-At
Registered
Consol gold 5s
1945 M-N
1945 M-N
Registered
LoTSstN
109
••••••
• •
* • •
108
189
MA8tLlstgug7s....l927J-D
"
Canada South 1st 5s... 1908 J -J 108
3d 5s
1913M-8 106%
Garb A Shawn.
••
e
...,
ORIFAN Wlstg5s.l921 A-O U8%
1918
1910
1908
A D Bxten7s
La Crosse A D
.
BuffASusq
Registered
st
.
1937 M-8 118),
BuffR A P gen g 5s
1947 J - I 104
Debenture 6s
Al AWeit lstg4flga.l»98A-0 101%
01AMahlstgugSs...l943J -J
Booh A Pitts 1st g 6s.. 1921 F-A 136% ....
Consol lst6
1933 J-D •125* 127%
187%
172%
170*
168*
119%
110*
105*
169%
169*
16W%
J
J 169%
J-J 113%
J-JI 109*
I.
Low. High
A»K. Low. High.
J
J
J-J
J-J
Mineral Point D1t5s..1910 J-J
1st So Minn Dlv 6s.... 191
J-J
1st Southwest DIt 6S..1909 J-J
.1921
Wis A Minn Dlvg 5s.
J-J
MUANolstM L 6s. ..1910 J-D
1913 J-D
1st consol 6s
ChloAN'west—Oon7s..l915
F
1902 ?. D
Gold 7s
1902 J-D
Registered
Extension is.... 1886-1 926 F-A
Registered ... .1886-1926 F-A
1987 M-N
Gen Gold 3*s
1987
Registered
Sinking fund 6s. 1879-1929 2:5
Registered ....1879-1929 A-O
Sinking fund 5s..l879-1929 A-O
Registered .... 1879-1 929 A-O
25-year debenture 5s 1 909 M-N
1909 M-N
Registered
30-year debenture 5s..l921 A-O
1921 A-O
Registered
Sinking fund deb 5s... 1933 M-N
1933 M-N
Registered
Des Mo A Minn 1st 7s. 1907 F-A
Bsoan A L Sup 1 st 6s. 1 90 J-J
IowaMldland 1st 8s.. .1900 A-O
1905 M-8
MUAMad 1st 6s
North Illinois 1st 5s.. .1910 M-8
OttCFA8tPlst5s..l909 M-8
Winona A St Pet 3d 7s 1 907 M-N
Mil L 8 A W 1st g 6s.. .1931 M-N
BxtAImpsfg5s...l939 F-A
MlohDlv 1st gold 6s 1934 J-J
Ashland DIt 1st g 8s 1925 M-8
Convertible deb 5s. .1907 F-A
Incomes
...1911 M-N
Chlo Rook;isl A Pao—
1917 J-J
6s
Registered
1917 J-J
gold
1988 J-J
General
4s
1988 J -J
Registered
DesMAFtD 1st is. ..1905 J-J
S. See
91%
tinee
Jan.
Sale.
.
0s
lstl
Mich Ceo
Bat Creek A 1 3%s.l925
J - J
alt A O prior g
1995J - J
Registered
1948 A-Ot
Gold is
1948 A-Ot
Registered
-J
lstg3*s.l925J
flOUthwDlT
jl '«<
117%Jan.'00
ChloALSu DlTg0s..l991 J-J 117%
130 Sep.'OO
ChloAMoRlT DIT 5s. 1926 J-J 130
1910
Chlo A Pao DIt 6s
-J 117% 118% 118% l\8%
119
119*
U«%
..1921
ChloAP W 1st g 5s.
J
110 Sep.'OO
1916
Dak A Gt Sog 5s
J 114*
180
137% J My 99
J
Far A Sou assu u 6s.. .1934
134* Aug'00
1st Hast A D D1t7s...1910
-J 124%
•••• ••••••
••••• •••••!
••••• •••••!
•
•
Apr '00
10a
•
IfesA
Range or
1903
lstCAM7s
Chic Mil A 8t P con 7S.1905
1914
Terminal gold 5s
Gen gold 4s series A.. .1989
1989
Registered
Jl
Gen gold 3*s series B. 1 989 I Jl
1989
Registered
J-JI
94%
90
973
101%
101
1995 Nort
1995 NoTt
Registered
18
09
533
1.
Sept. 14.
Bid.
lst7s4goldRD....1902
Am Dock A I. SoaCeuof NJ.
1995 Q-Jt
Ann Arbor lit 0*1
AtohTA8Fegeng4s.. 1995 A-O
Page
Price
Friday.
14,
Ohio Milwaukee
1
Registered
(5 pages)
BON 08.
N. Y. 8TOCK. EXCHANGE
Alabama Cent. Se«8oKy.
la Mid. Srsba*. FL.A W.
Albany A Susq. S«1I*UAllegheny Val. 8m Penn Co
A leg. A W. Sue B R. A P.
Adjustment g if
PRICES
..
OTHBR CIT1B8.
Baltimore Consolldat— Be
•
Bay 8Ute Gaa—
Bait. List
J*
Boston Dnt tedGas Bonds- Bosto nLU
1105% 106
Y.Stk. Bxek Buffalo City Gaa— Stock.
1st 5s Bonds
Bzek. List.
1
4
«
69
4%
64
Oonsol Gaa (Pitts).... 50
°°
Pref
Bonds 5s
Consum Gas
1st 6S
lAnd
•••
(J City)—Btk
68
118% 114
109
{104
M *N per sh
\V'Vtpnee
Interest
51
89
106
18
82
106
10B
are.
.1
t
.
THE CHRONICLE —BOND
534
Week's
Price
Friday,
^"2
BONDS.
N.Y. STOCK EXCHANGE
Week Ending Seft. 14.
Sept. 14.
Bid. Ask.
Del Lack A Western 7I..1907 M- 8 T« H
71.1914
M-N
1 38
Bale
MorriiAHiiex lit
1871-1901 A-O 106
7
litoon guar 7s. .....1915 J-D 189
1915 J-D
14294
Begiitered
J -J iss* Bale
NYLaokAW lit 6i.. 1921
192F119
A
Construction 5i
Term A lmpt 4i. ... 1928 M-N
Iit7i.l906 A-O 120
Byr Blng
1900 A-O •103
Wairen2d7i
Del *H-litPaDlT7i 1917 m- S 142
1917 M-8
Registered
Alb A8jllltoongu7sl906 A-O 119
1906 A-O 115*
Registered
1906 A-O 118*
Guar gold 01
1906 A-O 113*
Beslitered
1
ANY
M-N 148
M-N '148
M-N 102H
1921
192)
Registered
Del Rlv BB Bge. See Pa BB.
Den A R Grist gold 7s. 1900
Bens A Bar lit7i
M AMlnn.
Dei
See
Ch A B W.
lit g 5I...1917
M-N
DetMATol. SeeLBAMBo,
Det A Maek lit lien g ii.1995
J-D
DesM OnRy
100
102
AH
4
140
Bale
10494
107*
141*
Oct. '96
liw
Mar'00
105
Aug'Hb
140* May'00
143 May'ui
lal
121
128 J'ne'99
140*148
lis" iai*
'12*115
112*113*
1189* Sep.'OO
118* Aug'00
148* J'ly'00
107
102
120
100
122
122
Feb '00
147*
1489*
14894 14 394
Sep.'OO
102%
109
83
109
70* 82*
J'ne'00
110
107
109
114*
119
120
115
122
'109%
'135
,
,
88
88
133* 183*
184*142'
"Hii'm"
88
70
69
Feb '99
75*
67
» • » • »
• 1 1
••
...,
100
1
30*
110*
117*
114
Deo'9u
130* 13*9*
J'ne'00
116
•••••
••••••
•
IMM 109
121
Oet»'88
•
••••
* » • • *
Aug'00
109* 108* Aug'00
94
99* J'ne'00
"90
96 Sep.'OO
iia' 115* 118 Apr'00
110* 180
107* 111
98
99*
93
97*
108* 118
106*
104
119
105*
61
120*
107
134
100* Bale
106* 110
!•••• Itltl
•#•«• •••••
IIIIII
130
103
Sep.'OO
IIMM
••••••
J'ly'OO
100
108
133*
J'ne'00
105
100
100
180
103
133*
109*
Aug'00
105
100
110
100
•••*•
s * • i *
10AU
Sep.'OO
73
Mar '98
74*
68
Aug'00
105
73
75
58
20
70
55
105
10394 J'ly'OO
103
100
89
Deo '98
Feb '00
Mil
*97fc
99*
eon g 4*1.1999
1999
Beglitered
V lltextg 41.1948
Col
See
Pac.
So
Houit
Boui A Tex Cen. See Bo P Co.
Ililnoli Central1951 J -J
ist gold is....
1951 J -J
Beglitered
AH
liWT.
•
99*
Sale
105
SO
.1953 M-N
Cairo Bridge gold 4i. 1950 J-D
1950 J-D
Begi=tered
Louisville DIt g 8*i .195 7- J
1953 J-J
Beglitered
5s is«i*y
....1921 F- A
Middle DlTreg
miMMi^a
^ST t-am. •***
<
09*
9994
"
100 Aug'OO
116
110
114*
113* Mar'00
28
98*
iba"
114
J'ne'00
98
MAN
MAN
Gas— Stock.
100
Ask
40
40
60
108
104* 108*
48
35
60
40
108* 103
61
1(5*
61
105*
00
:
Sep. '99
101
105* 10'i*
..III!
IMtll
103* Aug'OO
103*106
109* Aug'OO
106* 110*
20* Aug'OO
84*
8e*
56* May'00
113
04*
03*
Sale
sine 183
a *9 *J
Hi
NOAM lstg
.
LCin ALexg4*i...l93'
fr .,,,.1930
1930
Id gold 6s.
Peniaoola dly gold 6i. 1920
BtLdiT litg
8dg8l
1931
1980
6s
Kentucky Cent g
4i. .1987
.
LANAMAMlitg 4*1.1945
NFlaASlltgugSi
Pens
..1937
A Atl lit gu rOi.1921
BANAoongug5s....l9S0
Blnk fd (BAN A) g 01. 1910
LAJeffBgeCo gug4i.l945
W
io*8
19* 18194
84* 84
55* «S
1
1
113
21
06
115
111
U6
62* 70
66
90
99* 100*
116*188
120* Aug'OO
131
104
,
101
.a.,,. .....
100
93
92
95
116
107
105
100
.
J-D
12 108* 119
110*118*
.....
litoon Income g 3i..,1939
td con Income a 3i.,,.1939
116
105
onipAcoUg
113
51
i
ui
sx North 1st gold 01. .1910
1910
Begiitered
tflob Cent. See N Y Cent.
104
98
••••••
• • •
4
100
103*
4U A Mad.
•••••
of
L
--
il
* *
t Bondi due Auguit.
Bid
Ask
40
I 99
101*
Laclede Gas— N Y Stook Bxob.
Lafayette (Ind) Gai
40
40
lit 8s 1924
MAN 01 65
Loganspt A Wab Yal—
lit 0i 1925
JAD
Madison (Wis) Gai— Stok
lit 01 1930
AAO
Newark Gas 0s 1914
Newark Consol Gai ..100
6s 1948
JAD
New Bng Gas A 0— SeeBo
00
70
}105
03
75
100
1189
66
1103* 103
stonL lit.
91* 98*
8
N
J.
A W.
See Brie.
See Ohio A N
See Chlo A N
181* Aug'OO
• • • e
• • e e •
•
......
•»».
•
180
18S
101
••«
100
Aug'OO
96
105
J'ne'00
97* 105
103* May'00
9.%
93
110
110
110
107
105
108
Aug'OO
118
39
106
110
May'00
May'00
loe"
ib's"
106
108
Sep.'OO
116
128
Jaii
Hw
107*118*
10
A-O
A-O
J-J
J-D
101
78* 89
26% 80
•
J'lyl
J'lyl
•••••
iiiiii
115
115
•
i
20
2694
•»,«,, i>*ff*
111*114*
108
iiiiii
•••••
187
117
189
117
183
187
»•••
••••«
9594
98
107* 107*
109
11094
107
99
1
HOB
U3«
HI
101
80 iia" i'lf
70
81
80* 89*
11
Aug'OO
10
16
•
84*
84*
108* Apr'OC
J-D
J-D
101«
106* 1099496* 100
J'ly '00
78
13
A-«
i
10194
10194*
lib" Sale
9694
•••••
'.','.'.',
110
81
Apr'00
84
103
81
18*
J'ly'OO
18
May'00
106
105
38
•
IIMI
8
10
81
17
10i*
•••It*
W
W
A North. SeeChMAStP
*>"*
See Ob
"" M
A —8t- P
— —
fm
a St P.
»
«=»*
%
-
-
Dae
April.
_
I Dae January.
1
Dae Goto bar.
(Given at foot of 7 oonsboutivk pages).— GAS, TEL.
Witi Beeurltlea.
Kansas City Gas
100
5s 1922
AAO
HI*
.... ...«».
•••••• »«••»
******
•
******
118
2dseiiesg6s ,,,,,,1919 A-O
sf »x Internet 1st oon g is. '77 M-8
1937 J-D
Nat lit gold Oi
fdlno 01 AOp itmpd.1917 M-81
gold
B..1917
0i
An.i
Id Income
101
98
«•••
M.»M
106* 110*
Aug'OO
M-N Ill
111
J-J 99H 99* 99*
9b9s
J-J
M-N 108
109* Aug'OO
A-O 99* Bale 99
99*
iU6
NOT'97
M-B 10i*
j -n 1 1*7% Mill U"* Aug'OO
M-N
103 Jai '9h
J -J 127
128* 188*
115
119
J -J
117 Aug'OO
M-8 107
109* Not'9w
187 Aug'OO
M-S
Deo '99
M-8
00
97
J-J 96* 97* 97
M-B
107* Jan.'00
F-A 110*
109* J'ly '00
F-A UC94
11094 J'ly '00
110
F-A 110
110
A-O
95
90*
Oot-'99
M-8
UeK'ptABY. SeePMoKAY
ietropolitan BL See Man By.
Mex Cent con gold 4s ... 19 1 J-J
till
w
May'99
aj
1x1
181
M
if
101* 101* J'ly'OO
o
Ull.
80
55
Ma
•••
100
OUT8I0E SECURITIES
Indiana
So Ry.
W litSee
g5s.l937 J -J
General gold 0i..
1930
Gold 6l. .............. .1937
Unified g4i.„, ...... ,,1940
1940
Beglitered
1931
Coll trust g 5
1903-18
Coltr5-20g4
1907
Ceoel Br 7s
Nam litg 0s.. 1919
.ild
• •
1
lit 01 1908
Indianapolis
lit 01 1930
w
A Ohio.
anbattan By oon4i.l990
1990
Begistered
MetropolBl Iltg6l...l908
108*
Man S Oolonii g 5s. 1934
113* 113*
104* 106
Jan/00
No price Friday then are lateat bid and asked thli week,
Nat A 111 Gai—
84*
125*" i 8094
1
Dec '99
101* 101*
1
80
50
113
135
104
102*
1931 Q-Ji
litoon 8 4|. ..,,,., ,,,1931
General sold 4s
1938
1933 M-S
Ferry lit gold 4*
Gold 4s
.,„„„„1982 J-D
Unified 8 4i
1949 M-8
Debenture sold 6s... ,.1934 J-D
Bklyn A Mon lit 8 8s 191 M-s1st 5
1911 M-r-
89
.
5igl949
108
119* 181
r.ov'«t>
See Bt L A S t
See LAN.
LNAACf. SeeOIAL.
MahonCoal. See LB AM 8.
Beguterea
t
98
195
1950
lit eons 5s
• I • •
•
HndionCoGai
98
Long Dock. See Brie.
Long Island—
10494
99* 99*
Jan.'OO
1
•
iiiiii •• ti
Aug'OO
121
no
185
135
125
•
»• IIMM
111
114
112*
J-J 11094 Bale 110* 11694
A-O 110*113* 111 Aug'CO
LebVal(Pa) ooilg 5i..i997 M-N
104 Ang'98
Beglitered 6s
1997 M-N
Leh V N Y lit gug4*i.. 1940 J-J 109
109 Aug'OO
Beglitered
1940 J-J
108M Not'99
Leh Y Ter By litgu g 6il941 A-O •Via'*'.!!!! 113 J'ly'OO
Beglitered
1941 A-O
109* Oot.'99
L Y Coal Co lit gu g 6s. 1 988 J-J MOO
10394 Not'99
Beglitered
1938 J-J Mtt'l Its**
92" Sep.'OO
Leh A N Y lit gn g 4i. ..1945 M-8
91*
Beglitered..,,,..
1945 M-8
B10 AN lit gilt pf 01,191 A-O
Gold guar 5s... ...... 191 A O
101* Sep.'99
Leh A Hud R. SeeCenorN J..
Leh A Wllkeeb. Set Cent NJ.
Leroy A Oaney Yai. See Mo P.
Lex At A P F. See Met Bt By.
00
89
....195 J-J 105*
lit gold 3*
105* Aug'OO
1951 J -J
Beglitered
108*Apr.'98
lltgold 3s sterling.... 1951 M-8
Beglitered
,,,,,.1951 M-8
Coll Trust gold 4I.....195S A-O *108
108 Aug'OO
1952 A-O
Beglitered
*« ll« ••!••. 104* Jan.'9w
L
A Tex gold 4l. 1958 M-N •108
109* 103
FAA
1915
Hartford (Ct) QaiL.,,25
112*
O.
.
lit
1st 6s
Sale
. .
7494
J.
Grand Rapids— Stook
O
See Tol
1st g 3s
Lake'BrieA
»«.».» S»»»»
• ••••I ,.««.
I I J 4 I
8e»OBAQ
A St
Han
ouiatonlo. See NYNHAH.
JAJ
92*
ioi"
•
NYBAMBoong5l..l93S A-O
N YARBlstgS
1927 M-8
Nor Bhb litoon g guSs..'82 g-o 107*
185*
La A Mo Blr. See Chi A Alt
110
Louisville A Naih vUle—
106
•
110
109
Not'97
188* Aug'00
107
1
8ep.*'00
.
lit 8s 1925
eo
*9'9*
.
35
-
80
50
100
A Mloh.
11894 116*4
Grand Bap A Ind. See Pa Co.
Gray'i Pt Term See St L 8W
(Ind)
an
110*118
119*119*
10
...,
ASA. See 8 P Co.
Gal
al HAH of '82 lit 5S.1913 A-O
Ga A Ala By lit pf g Si.1945 A-O
1945 J-JH
lltcomolg 5i
Ga Car £ No lit gu g 6i.l929 J-J
Georgia Pacific See So By.
Gila V G A Nor. See 8o PaoCo.
Gouv A Oiw. See N V Cen
Wayne
100* Aug'OO
101* O0t.'99
95 Dec '99
KalAAGR. SeeLSAMS.
114* Sep.'OO
138* Mar'00
100* Apr'9»
184* Sep.'OO
143 Deo '98
110* 11694 110*
W
•ex A Hudson Gas
90* Aug'OO
ib'i**
124
A
RCA MRAB lit gu g 51.1939
A-O
Kan O A Pac See M K A "
Kan 8c
117J4 J'ly'OO
140
106
W Liar
Fort
N W.
3d gold 5a.
1941
North Ohio lit gn 5s 1 94 6
L B A M 8. See NY Cent
Sale
•108
1943 J -J
Coniolgold 5i.
Ft 8 A V B Bge. See BtLASF.
Fort St U D 00 lit g 4*il94 J -J
Ft
A D C— 1st g 4-01. 1921 J-D
Ft
A Bio Gr lit g 8-4i.l928 J-J
Bid.
1,
Kentucky Cent.
.
h
See Ch A
See Brie.
Knoxrille
110*
93* May'99
09
.
Gas— See N Y Hie
M-B
M-8
J-D
....1921
114* KaniaiMld.
110
J'ne'00
119*Jan.'0O
,
8794
1
Oil Becurlue».
J -J
,.1909
107* 113
110*
M-N
M-8
193S M-8
3d ext gold 4*i
1920 A-O
4th ext gold 6
1928 J-D
6th ext gold 4
1920 M-8
gold
7i
oomol
lit
lit consol gold fd7i..l920 M-8
Brie litoon g 4i pr bdi 1996 J -J
1996 J-J
Registered
1996 J-J
lit eon genlleng 4
..1996 J-J
Registered
Buff NY AHrie lit 71.1916 J-D
Buff A 8 W gold 6s, ...1906 J-J
190S J-J
Small
Chio A Brie lit g 5i,..198Si M-N
gold
51.1909
A-O'l
BB
lit
en
Jeff
Long Dock eon gold 01.1935 A-O
Coal A BB lit o gu 61.1922 M-N
Dock AImplitour6i.l913 J-J
N Y A Green L gn g 5s. 946 M-N
1946 M-N
Small
MidRBofNJ lstg6s,.191U A-O
N Y SAW— lit ref 51.1937 J -J
1937 F-A
2dgOld4*s
1940 F-A
General g oi...
Terminal lit g 5s.. .1943 M-N
Begll 95,000 each 1943 M-N
WIlkABailatgu g5il942 J-D
Brie A Pitts. See Pa Co.
BscanALSup. SeeCANW.
Eureka Springe lit g 01.1933 F-A
1921 J-J
Hv ATH lltOOn 6a
lit general gold 5I....1942 A-O
1923 A-O
Mt Vernon lit 01
Bull CoBr'oh lsl g5s..l930 A-O
BrAIndlitcongug 6s. .1926 J-J
Fargo A So. SeeChMAStP.
Filnt A Pere M g 0I....192O A-O
lstoonsolgold 5I....1939 M-N
Pt Huron DiT lit g 61.1939 A-O
Fla Cen A Pen lit g 5s .1918 J-J
lit land gr ext gold 5il930 J-J
Detroit
W lit g Si. ...1936
lstguarg
A
5s.
4s.
tine*
/a*.
If
Keok A Dei M. SeeC RI A P
See
A O.
Him Cort A No. See Leo ANY,
1947
4i
Erie lit ext g
1919
3d ext gold 5i
*
BtLSou Istgug4i...l93: M-8
C
114
90* 92*
J
LAN
Registered
93* Feb.'99
Last Sale.
Range
13
J
J-J ibo*
J-J
J -J
J-J
F-A 112*
F-A
Beglitered
Spring DIt lit g 3*1.1951
Beglitered
1951
Weitern Line litg 4i.l95l
Beglitered
1951
Bellev ACar lit 0i... .1928 J-D
CarbABlitg 4i
193V M-fc
Ohio St
Og5i..l951 J-D
Beglitered
1951 J-D
Gold 8*i
195: J-D
Beglitered
1951 J-D
Mem DIt lit g4i..,. 1961 J-D
Registered...
1951 J-D
108* 109* Iowa Midland.
Jeffenon BB.
108* May'00
Lex ABB.
Hook Vai
1951
1951
1951
1951
Gold 3*1
3d gold
8d gold
or
LX2I
Ask. Low. High. Nn. Low. High
Bid.
ni Cen. (Con)
St Louis Dlrg 3i
Beglitered,
Ind Deo
Week's
Range
Sept. 14.
103* 1049*
5
1985 J-J
96* 99* Ind 111 A la lit ref g5i.. 1946 A-O •1L0*
106 107* Int A Great Nor—
lit gold 01
101*100
1919 M-N •120
*8*
98*
137*
133
116
135*
135*
119
105
122
108
143
138
10294 Aug'00
M-N
lit g 5s... 1941
1
130
[Vol.
Sept. 14.
Iowa Central litgoldSi.1938
W
Hliz
138
H0
138* Aug'00
9594
106
1996 J-D
Gold 4i
Dul A Iron Range lit 5i. 1 937 A-O
1937 A-O
Begiitered
,
1916 J -J
3d 6l
Dal tied
A B lit g Si 1928 J -J
Dnl Bo Shore A At g 5s. 1937 J -J
East of Minn. SeeStPMAM.
aitTYaAGa. See.BoRy.
Elgin Jol
Low. High No. Low. High
183 124*
184* Aug'OO
138
106
fe
Week Ending
2.
Price
Friday,
S'tt
EXCHANGE a*2
N.Y. 8TOCK
1.
Page
(5 pages)
BONDS.
$ince
Jan.
Sale.
14894" J'ly'OO
9**
1936 J- J
1936 J -J
Improvement gold 5i 1 928 J-D
RioGSoga. See Bio Gr So
Dee M A Ft D. See V tt a 1 f
lstcong 4s...
litoon g4*s
Last
PRICES
Range
"S3
Range or
M
411
7
•
Gae
Necuritlea.
Ohio a Ind Con Nat A
111
Bid.
-
01 '80JAD
Peoples Gas A Coke— N Y
Co—
See Bos ton L
Philadelphia
50 t 94*
ProTtdence Gai.
80
BtJosepb (Mo)
JAJ { 93
5s 1937
46
S: Paul Gas— Stook
OhloAInd— lit
Oomol
iyraouse
5s 1944 ....MAS
Gas—Stook....
Ist6il940
Western Gas
JAJ
(
ti—See N Y
M w )......
II
Bt
Bx
lilt.
Ask.
98
33
64
68
Stook Bxob
f
lit.
40
95
7994
50
81
7*
11
87
90
98* 94
I
Dae
<&
J «iy.
• O puen»i
1ELEPH., Jo
A
Bid. Ask.
Teleg.
Telrph.
¥•!•*. A ii.run
American Dlit Tele— NY Stock
Bell Teleph. of Buffalo... 110
Central A South Amer.
105
Gies A Poto Teleph— Stk
5s 1909-89
JAJ ib's'
O jmmerolal Cable
105
Cimmer Union Tel (NY1. 110
H uplre A Bay State Tel
76
Brie Teleg A Telep— See 8 tok Hi
Franklin
43
tAud interest. tPrios per it
.
.....
108
06
104
170
ue
..••1
List
48
ate.
•
.
Sept.
.
THE CHRONICLE —BOND
15, 19C0.]
BONDS.
H.Y. STOCK EXCHANGE
Wkkk Ending Sept. 14.
M nn A St L— 1st g 7s .1927
Price
Friday,
Range or
Sept. 14.
Last Sale.
Week's
Range
Ask. Low. HigK.
149 May'00
132* May'00
132* Aug'00
188 May'00
Bid.
lit gold 7i... 1909
South Waiter lstg7s.'10
Paolflo ex lit gold 8s 1921
1934
lit com gold Si
lit and refund. 4s. ...1949
Iowa ax
127
.
116
US
Bale
95*
BO BAN
A P lit Si it 4i tnt gn..'36
BSMAA lit g <• int gu.'2tt
li7*
22
95*
5
95*
128
M8tPASSMoong4slntgu'38
Minn On. 8et SlPMiM.
Mo <anATex-lstg4s.l990
66*
9C
Bo mer BdgOogag
Dal A Wa lit ga g Si. 1940
Sale
Sale
98
81*
104
104
115*
118*
95*
115*
117*
Sale
8ale
Sale
94*
92
91*
94"
Bale
• • • • •
106
115
lit ex g4i. '38
2d extended gold Si. 1938
A Iron Mount—
us*
GenoonryAldgrtgSs'31
OeaeomtampgtdgSi'3l
Verd
Mill
v
-tlT
i
a w
••
'79*
1929
192 *
1st g Si
.
'26
1945
•
Mob Jack&KClstg Ss.1946
Mob » ijnio uewguiaos..'27
••II
79*
••a
• • • •
•
••
t
Aug'00
81*
7
93
115*
113*
J'ne'OO
79*
•••<
1
LAW
lit 7i.'18
3d 6s
MoM M W
lst6sTAPb
1917
Nash Vlot A Shef. SmLsN
NewHAD. SmNYNHAH
N J Tunc RR. Sis N Y dent.
NewAOlnBdge. Sm Penn O^
NO A NHprlorlleng 61.1916
N Y Bkln A Man Bh. See L I.
137
A-0
J.J
J-J
108
107
J -J
• t t •
•t
•••••« ......
HI
KAAGB lit g o 5s. 1938 J-J
Bt
PaulA Dul
1st
138
130
Wash
120* 126
191
189
188
130
116
114
110
104
114
118
Oet.'»?
auk'00
Aug'00
185* 191
185 189*
Apr '00
188
Jan.'00
m" ivr
J'ly '99
104* 104* 104*
101* Not'9s
188
101
101
itMM iiiih
1
lit 5s..
36
• • * •
114*
110
139
180
188
188
1
90* 89M
97* 97*
183
108
91
104* 104* 104*
"65*
Sale"
•i'sd"
*.!!!!!
•13'*
•112*
•100*
.1931
1917
......
104* 33 108*105*
101
103* Aug'00
105*
rt-M, 109
69
65
65*
66* May'00
66* 68
131* 188*
131* May'00
133
130
113
J'ly '99
Feb '90
Aug'00
4s
..1968
Cent lit g 4i. . .1948
87
113
109
97* 100*
88* 88*
100* Aug'00
87* 89* 88* May'00
113*118 113 Aug'00
oog
Nor Pao Ter Co lit g 6I.193S
106* 109* Nor By Oal. 8m So. Pao.
Nor Wis. SuCStPMAO,
Nor A Mont. 8m N.Y.Oent.
8h
Sep.'OO
113
180
......
•
Deo '99
no
Aug'00
Aug'00
105
105
lilt
OiwiARSd gug5i..l915 F-AI
RWAOTBlitgug5i.l8 M-N
Utloa A Blk BIT go g 4s. '22 J-J
108*
108*
108
110
•
I
96*
9H*
96
96
11
96
ioi*
•
51
34
31
95
103*
105*
II
• •
105
......
115
116
215
Bosto
ton lis
129
IT Y AN J Telephone....
165
••1920
.....MAN n:*
'Faelflo A Atlantio
75
Providence Telephone.
95
Bjathern A Atlantio
96
Bale
109*
Oswego A Rome. 8m N Y C
O O F A Bt P. 8m C A N
W
i'
aoof Missouri. 8m Mo Pao
Panama Istsfg 4*i. ...1917 A-O 105
Sfsubiidyg6i
1910 M-N
Penn do— Gu lit g 4*s 1 921 J -J 117"
Beglitered
1921 J-J
Gtd8*iool traitreg. 1 937 M-S
113
O
BtL
P
lstoong
A
Ss.1932
A-O 131
HI
Registered
1932 A-O
111*
C!er A Pitts oons f 7s. 1900 M-N 102*
110
Gengug4*sser'sA.1942 J -J 118
108
Series B.
1942 A-O 119
107*
Series C S*s
1948 M-N
rie A Plttga g 3*s B.1940 J-J ~l»ll|
ios*
J'ne'98
ills
• •• •
Mill*
Series
O
J'ly '98
104*
137
J'ly '00
106* 107*
Feb '00
103
UZ*
27 110
37 110
112-
1919
Oong 4s
1943
GrRAI exist gag4*i.l94l
01 A Mar 1st ga g 4*1.1935
','.',',',
109
90
60
110
98
77
181
139
141
183
•SI.
107*
104
131
128
106*
114
139
Sep.'OO
131
•III! 11*11
105*109*
104
103* 104*
119* 181
127
Deo '99
105
108
Jan.'00
Jan.'9S
127%
187*
•110
•
•
133
138
138
lOi
106
186
128
Apr '99
109
Aug'98
110
Aik.
118
120
118
825
nllit.
127
165
113*
90
.
100
t
103* Mar'00
117* Feb '00
108 108*
117* 1172
101* May'00
101*101*
Due
M:
111
Electric Companies.
<
Kleotrio
Mfg
Co.. 25
t
•
I I
III
Jan.
I
165
41
18
170
45
30
9
14
Bdison HI 111 Co NY— N Y Stook Bxoh
Bdlson HI ni Co Brk— N Y Stook Bxob
11
9
Bdison Ore Milling Co
Bleotro- Pneumatic Trans
8* 3*
Fort Wayne Hleo. Co.. 35 '88' "48"
Series A.
117*
113*117
114
•
••••• •••999
108* 109
100 101*
135 189*
135* 186
184
131
•99999 ••9999
••••• •••999
Aug'00
118* Mar'00
103
Nor'97
11*7"
May'OO
108
109
118*
117
117
111
38
99
180*
J'ne'OO
130
98
J-D
137
NOT'97
A-O
J-J
107*
O0t-'98
181
NOT'98
90
J'ne'99
J'ly'00
Jan-'OO
.
•itts
•'tti
Juno lstg 6s
1922
A L Hrle— 8d g 5| 1 928 A-Ot 113
McKeesAY. See N YCen
ltMP tr 1st g5s
90
1916 J-J
•itts Bh A L B lit g 5l. .1940 A-O
116
.
.
•
•••
99
•
nun
Pitts
P
•itts
M A Co oertf
Y A Ashlst0on5il927.
J-J
J-J
M-N
J -J
J-J
July.
I
Dae June.
I
Dae May.
87*
100
'100
100
119
J lading Co gin g 4s.. . 1997
» Beglstered
1997
ainiielaer A ear. Su D A H.
tleh A Dan. 8m Sou th Br.
Bio Gr West 1st g 4s. . .1939 J-J
T7tah Cent lstgu g 4s.l917 A-Ot
Due
116*
87*
.....
Electric
Companies.
Bid.
118*116*
J'ly '00
100* Aug'00
8?
Bale
89
108
87* Aug'00
98
88
I
98*
88* Aug'00
98
99
90
Dai Not
Ask.
20
99* 101
99* 101*
88
90*
87* 87*
94* 100*
85
88*
a These are option calaa.
(Given at foot ov 7 consecutive pages).— TEL., ELEO.
Allegheny Co Light Co..
Brush Kleotrio Co
Consol Hleetrto Storage..
II
-S
.
Bid
Ask.
Tgl»g Jk Telcph.
Teleg Telep A Cable— Set Ptnla list.
West'n Union Teleg—N Y Stook Bxoh
Kddy
t.
139*
• * • I •
131
Aug'00
litooniolgold 5s
1943
Itts A West lit g4i... 1917
J'ly '99
US
fllllt
121
J'ly'00
Jan-'OO
J
126
111*117
111*111*
117
lll*Jan.'00
Not'98
33
FittsFtWAOh. SMPennOo.
115* 115*
115* May'00
•
117
108
A Pek On lstg 8s... 1931 Q-F 130*189 130
8dg4*s
103* 98
Fib., 1931 M-N 101
*lne Creek rig guar 6s. .1933
•ittsOlnAStL. 8»i Penn Co
f O O A Bt L. 8te Penn Co.
Mtts Oler A Tol 1st g6s. 1933
189*
••*••
Sep.'OO
Aug'00
May'00
104* 110
108
••0
••••It •!•••
119
••••••
•
115*
109*111*
110* 110*
110
'10* Mar'00
108* Deo 97
U9* J'ne'OO
131
109*
103* May'00
103
131
J-J
M-N
OBBBABgilitgn4ig.'36 F-A
AUigh Valgengu g4s.l942 M-S
Ban A Lewis lstg 4s. .1936 J-J
UNJRBAOangen4s.l944 M-S
•nsaoolaAAt 8ssL A Naih
Pe Tta Deo A Eyansv—
2dg 5s tr reo 1st pd.... 1936 M-N
rio A Bait. Set C O O A Bt L
102
111* U6*
111* 114*
112* Aug'00
ill* J'ly 00
110
Apr '00
• • 1 •
103
113
Aug'00
•
I I I I I
107*
112*
J'ly '00
......1940
I'
t I I t I
*l • • •
'.'.'.'.'.
OUT8IDE 8ECURITIE8
Bid.
75
10
95
75
1
A-0
J-J
J-J
NACBdgegengng4*s.'4S J-J
ioi" ios*
P C O A 8t L oon gn g 4*sBlrieiA.
117* Aug'00
1940 A-O •117
96* 99
Series Bgnar
1942 A-0 •117 •till* 117 Aug'00
98
94
Series Oguar
113 Not'98
1942 M-N •114
98
95
Series D 4s guar
109
Aor'00
1945 M-N •106
97
94
•
Series
B
99
guar
101*
J'ly'00
3*s ..1949 F-A
108 110*
PlttiFtWA01it7i.l912 J -J
139* May'00
>d7i
135* Aug'00
1912 J-J 135*
Sd7l
J'ly'00
tttii mil 131
1912 A-Ot
»• II
Proa RR 1st real es g 4s. 1 933 M-N •••••1
108 May'97
!••••
Oonsterlingg 61
1905 J-J
Oon ourrenor 61 rig.. .1905 Q-MII ••III* •••!«•
Gong 5i
1919 M-S
109* Aug'00
these are latest bid and asked this week,
1.8
90
I I I I
Beglitered
NY
W
......1937
PaoOoastOo— 1st g5s. 1946 J-D 109*
10
107* Aug'00
109* Sep. '97
101% J'ne'OO
104* Feb.'99
102* Aug'00
108* J'ly '00
96*
96*
95
M-N 107*
M-N 104
M-S
M-S 124
-M
1931
Beglstered
1931
4s
1940 y
Beglstered
1940 J -J
Bat C A St lstgu g3s.'89 J-D
A Harlem g 3*s 2000 M-N
Beglstered
.2000 M-N
N Y A North lstg 5I..1937 A-O
B AOgoon litext 5i.'2S A-O*
5s..
120
'26
Sep.'OO
J'ly'00
110
•••*•• iiiiii
•••••• setae*
Mahon C'l BR 1st Ss. 1934 J-J 187
Bondi
-Hadion Riyer Telephone
Intimation Ocean...,.,..
Mixloan Telegraph
MixtJan Telephone— See
JJww Bng Telep.-SM Bos
North weitern Telegraph
I,
High. No. Low. Sigh
107
12 lot* 108*
May'00
103* 105
14* J'ne'OO
M-N 113 1M
1 *6
M-N 135* 13S* '36
126*
183
Aug'00
A-0
185
17* Aug'98
F-A
98
A-O 97* Sale 97*
97* J'ly '00
A-O
•I •lilt
A-O
101 Fib '97
J-J 107
101
101
101
M-N
1933
2d 6s
• » •
108* Aug'00
108* J'ly'00
106
ntUMoKAY— lstgu6s.'32 J.J
Id guar 6s
1934 J-J
McKee A B V lit g 0s.'18 J-J
Tflem.
Registered otfs
• «
Auk'OO
04*
193
.
J-J
ClnA 8 IstgLSAM 87s'01 A-0
Det Mon A Tol 1st 7il 906 ff-A
Goia AStook
A-0
M-N
M-N
BtPANPgeng6i...l933
110* 110*
A-Ol
"West Shore 1st 4s ga. 2361 J -J 113
Beglstered
3361 J -J •112*118
Lake Shore oon 3d 7s. 1933 J-D 112% 114
Beglstered
1903 J-D HIS*
Gold 3*i
1997 J-D
110*
Beglitered
1997 J-D
j
Registered
Bmall
Om AStL lstg4i
1901
Ore A Oal. B$4 80 Pao Co.
ICO*
• •••
100* 100* Ore Ry A Nav See Un Pao
Ore RR A Nay See Un Pao
5 L04* 109
108* 108*
Ore 8hort Line See Un Pao
113 Deo'9w
j.j
NYAPutlstcongug4s.*93 A-O ios*
Nor A Mont 1st gu g Ss. '16 A-0
Friday
105
sin«4
Jan,
IndAW. 8MOOOA8tL.
1936 J-J
Registered
1936 J-J
Cart A Ad 1st ga g 4s. 1981 J-D
Clearfield Bltam Coal Corp
lstif lntgug 4nerA.'40 J -J
Small bondi lerlei B. .'40 J -J
-Gout A J>swe lit gn g 5i.'42 J-D
Moh A Mai litgagli.1991 M-S
N J Juno B ga 1st 4s .1986 F-A
Beglstered
1986 F-A
5s
lit g Si.. ..1941
A Weit— Gen g 61. 1931
New tUrer lit g 61.... 1938
Imprrmt Aext g6i..,1934
N A W By litoong 41.1996
Norf
1996
1996
CO AT Is gug5s....l922
U8*,115* Bolo VAN Hlstgug4s.l989
North Illinois. SssOhl A N W.
10 109* 113* North Ohio. 8m L Brie AW.
110 no* Northern Paolflo—
"39
77* 84* Prior lien r A 1 g g 4s. .1997
Beglstered
1997
illlll Mill
General Hen g 3s
S047
• III lit lt<
Registered
3047
5s
Mioh Cent— 1st oon 7sl902
1st oon 5s
1902
6s
1909
106
116* Nor A Booth
General
lit7i„1903 J -J 108*
Registered
1903 J -J 108*
G3*s
1997 J-J 109*
Registered.
1997 J-J
Debenture 5sof .1884-1904 M-8 105
Beglitered.... 1884-1904 M-8 105
Beg deb 5i of ... 1889-1 904 M-S 105
Debenture g4i.. 1890-1905 J-D 1025|
Beglitered
1890-1905 J-D 102$$
Debtoerteext g 4i ...1905 M-N 102%
Beglitered
1905 M-N lOSJj .....
Lake Shore ool g 8*s.l998 F-A 96* Sale
Registered
1998 F-A
95* 96
Mien Cent ooU g 3*s..l998 F-A
96*
Beglitered
1998 F-A
96
BeeohCrk 1st gu g 4s. 1936 J-J '109
...1936
Ask, Low.
107
Oihlo RirerRR lit g 5il936 J-D
gold
NYOentAHR
Registered
107
11
NY ABB. 8m Long III.
NYSAW. 8«sKrle.
NY Tex AM. 8m 80 Pao Co.
I • •
106* Aug'00
1901 J -J
lit oon gold 5s
1928
1st gold 6s Jasper Boh. 1923
1st 6s
A Al. 1917
ll<
114*181*
83 94 101*
35
90" '98*
120* J'ly'00
84* 84*
deb oerts 91,000
Bmall oertfsflOO
Honsatonlo B oon g 5i,1937
A Derby oon 5s. ..19 18
"93" "94
105* 106*
•
108*....
91
98
SmDLAW
VYLBAW. 8M Brie.
SYANB. SmNYNHAH
* YNHA Hart litres 4i. '03 J-D
Convert
83
102
112
1
95*
••
•til tit
33
119
Last Sale.
Bang*
Week's
Lake. 8$t Brie
99*
76
104*
115*
Sept. 14.
Registered
.
• • • •
SmBsO
MorrtsABssex. See Del
*•!•«. OV
1
136
Mont Cent. 8m St P M A M.
Morgan's La A T. SwSPOo.
No price
•
1 •
118*
.
*
84
J'ne'OO
Sep.'OO
L 1st g 41.1937 A-O
NH
88* 98*
N Y ANBlit7
1905 J -J
65
70*
1st 8s
1905 J -.1
89
95*
N Y A North. 8m N Y O A H.
N Y O A W lief lit g 411992 M-8II
96" "»6
Regis 95,000 only... 1992 M-BH
88
93*
92* 98* NYAPut. SmNYOAH.
51
•••*
136
125
*
1st extension gold 6s. 1927
General gold 4s
1938
Sdgugold
•
110* JHy '00
•
Montgom Dlr 1st g Ss.1947
St L A Cairo gu g 4s .1931
MoaawkAMal. SmNYOAH
NashOhatAStL
••••<
92
67
Range or
1937 A-O
H*
Green w
STAHar. SMNYOAHud.
128
98
1945
Small
Monongahela Rlr.
112
10
199999
•99999
•109
priori ten g 5i.'45
Mortgage gold 4s
«•••!
Sale
•••••I B9999
• ••••a
• . • »
Bdge. 8*4 Ohio A Alt
Mob A Blrm
106*
116*
St
.
I
••••••
Y Ohio A
635
3.
Price
Friday,
Bid.
f
'
92* Aug'00
LeroyAOVALlstgSs'26
.
•
• •
90li Sep.'OO
100$, Nov'9H
90 Sep.'OO
"Hit
Pao B of Mo
Untr * ref g 4s
Registered
• • • • •
66*
91
90
89
Tebo A Neoiho lit 7i. 1903
Mo K A Hilt gag Si... 1942
1906
Mo Pao— >d 7i
1920
lit eon g 6i
1917
Trustg 5s
Reentered
1917
1920
lit ooll gc!d 5s
1920
Re filtered
St Louis
t
91
7i..'06
M KATofTlstgug5s '42
BherShASoa Istgug5s.'48
KO APac lstg fo... 1990
• • a i
•
••••
91
1990
1944
3d gold 4
lit exten gold Si
•*•••
•»*»••
• I III*
Page
111*117* STYLaokAW.
Mln %St L«u. 8M
If
II
I.
Low. High
143* 161
122* 123*
122* 122*
.....151
.
(5 pages)
BONDS.
N. Y. STOCK EXCHANGE
Week Bndimo Sept. 14.
since
Jan.
PKIOES
1
.
Ferry
V%>
FERRY
lea.
Bid.
So
Ask
Wenerai Biectno ^i — N Y Stook Wxon
rerrj Cuiupauiet
30
18
Do pref.— Se« Boston L tit.
Brooklyn Ferry-*t.ook
Hartford (Ct) BleoLt Co. 185
Bonds 5s— See Stook Bx list.
110
107
Mo Bdison Bieotrio
19
Metropolitan Harry— 6»
17
...••<
Do preferred
58
N Y A N J Ferr»— Stock..
53
107
JAJ 105*
Narragan. (Pror)BlGo.50 t 93
• 911
1st 6s 1946
70
Rhode Island Kleo ProCo. 119
N Y A B R Ferry— Stook. 67
98
United Bieotrio of N J.
18
tlonds 5s of 1932. MAN i 96
16
70
71
4s 1929
H iboken—Stook ......... 08 118
69
1111
United Kleo LtAP Co pref SMBal to list
1st 5s
92*
93
Con. oi
4** .929— See Baito 11
tPrice per sh are
I Ana intereitWoonsocket (R I) Bi Go.
75
.
t
A
A
BONDS.
M.Y. 8TOCK EXCHANGE
Wbbk Ending Sept. 14,
Bio Or June lit gn g 6S.19S9
1940
Bio Or So lit g4s
1940
Guaranteed
Pllti. See
BK&
Price
Friday,
Range or
Sept. 14.
Last Sa'e.
Wo&GIlstg
L A Cat
See
Week'i
76
98
1.
Wbbk Ending
Low. High
81
71
93% 98
84
85
85
9d
.
Gray's Pt Ter lstgu g 5i'47
Bt Pan! & Dnl * e Nor Pao
* Man 3d tts.luo9
gt Paul
1933
lit oomoi gold 6i
1933
Begiitered
M
112*114
112* 114
M-N
M-N
M-N 113*
J-J 124*
J-J 106*
A-O 103
110
90%
69%
M-N
J-JI
112* Aug
„'00
112* Aug'
122* ir24*
108* Sep 00
104 Apr '00
J-D
A-O
119
Sale
Hale
80
J'ne'00
J'ly '00
Oot.'97
91*
62*
90*
69*
Sale
119
119
141* 137* Aug'00
J-J
J-J
137* Feb '99
113% 114% 114* Aug'00
J-J
108*Mar'98
M-N 119*
119* 119M
J-D
J-D
A-O
A-O
A-O
A-O
J-J
J-J
J-J
J-J
J-J
Will ASFlitg Si.. ..1938 J-D
Begiitered
1938 J-D
1937
BMlitdlTlitgSi.,.1908
Begiitered
1908
NordlT lit g 4s.... 1940
1940
Begiitered
Minn Union 1st g 6s. .. 1 922
Mont C lit gn g 6i. . . 1937
1937
Begiitered
1937
lit guar gold Si
Begiitered
19S7
104
108* Aug'00
104
Begiitered
.
• •
•
ill
••Ml
•»•••»
Jan.'99
108* Apr '00
• • • • •
•••
••• 1
I •
•
West N C
Not' '99
'00
Keducedtogold4*s 1933 J-J
1933
Begiitered
Dakota ezt gold 6i. ... 1910
Mont Bxt lit gold 4i. .1937
113*
111
:-
W
.
130*
Apr '00
130*
116
117
Apr'97
Aug'00
ISO
Apr '99
188
•180*
•117*
P A Nor Pao. See Nor Pao
BtP AS'xOlty.SeeOStPMAO
B le Prei * Ph lit g 5s. 1942 M-8
127
188*
111
188
90
95
99
*
"78'
108
86
1980
Beab A Boa 1st 5s
Car Cent lit oon g 4i. 1949 J -J
Bber Shr A So. See M K A T
SeeSarFAW
98*
Bale
Mortguarg S*s....l929 J-Dt "82*
Sale
97
AS A lit g 61.1910
190S
MexAPae 1st g....5s'31
Gila V GAN 1st gn g Si 1984
Hous B & WT 1st g Sl.l 988
lstgug Si
1983
HATO tit g Si lnt gu. 1837
F-A
J-D
M-N
M-N
M-N
M-N
J -J
Oong6ilntgtd
1912 A-O
Geng4i lntgtd
1921 A-O
MorgansLa AT Ht7ll918 A-O
litgfi
1980 J -J
NT T A Mexgu litg 4i.*12 A-O
NoofCallstgug0s...l9O7 J-J
Guaranteed gold Si.. 1988 A-O
111* 110
108
Gal Har
tdg7l
•
Bale
103
104*
J'ne'00
108* 105
85
86
May'00
112*
9b*
98*
105*
J'ly '00
106
Aug'00
119*
Sale
111*
Ill
*39
81
86* Winona A
29
17
•••
Union Ferry—Stock
1st 6s 1990
MAN
115
80
110
107
•
*•
i
130* 190*
76
17
8ep.*00
• • • »
.....
»••••
119
J'ly '00
105*
Jan.'00
• • • *
106
116
106* "83
Aug'00 • •
118
Deo '98
•
*
• • I •
•
•••
106* Not'9
108* 108* "84 101
108*
Sale
108*
• • t » • i
108
••••«
no
96
•••••I
inn
and asked
Alk.
88
108
88* 86
90* 98
••••It •••ft
43 106
109
•••• «•••••
115
117
t
....
* * • •
Jan.'00
.»
• • • •
this week,
t
an Agrienl Chem— Sm a
Amir Bank Note Co. ..60
Amir Bicycle Com......
rrlllll'^iLi •iiitieiittiii
_HABdaj 5l
MA"
cston Lilt
61
48
t
B*
80
71
..
.
Sale
Ittt
•! •
••••It ltll»s
91*
117*
J'ly '00
114* 119
117
J'ly '00
117
91*
10
M-e
109
J- D 113
Moh.
65
-J
Ill
111
A-O
J-D
A-O
J-J
111*
111
91*
117
•*•«•• lititl
112* J'ne'99
114* J'ly '00
114*114*
111
Jan-'OO
111
111
107
106
Aug'00
105
106
.....
112* 112*
58* Aug'00
113
118
100
111
Sep.'OO
112
100
90
83
J'ly '00
,
,
95
83
J-D
109
108
87
130*
110* lit
58
105
105
95
Sep.'OO
J'ne'00
Sep.'OO
J'ne'00
09
114*
119
109*
84* 90
78
110
84
180*
99
J-D*
J. Ii 107
1C6*
J -J
Sale
Aug'99
107
107
106* 105*
....
110
105* J'ne'00
-J
•109
J-J 102*102* 102*
F-A 127* Sole 127*
J-J U3*
Sep.* •104
J-J
J-J
8 108 107
45 101* 100*
114
100
121
103
121
103* 100*
110 110
33 100* 104*
1
125* iao
Sep.'OO
108*
127)4
8
114
J'ne'00
no*
116*
106
100
Mar'9H
May '9
•
••••
elm*
a*
am
8'
i
116
114
190
108* 119
101
104
109
111*
American Ginning
Amer Graphophone.
A-O
J-J
J-J
LonlsByColstcong5s.l980 J-J
efarket St O By lit g 01.1913 J-J
¥et St By gen trg 5s., 1997 F-A
BwayA7thATlstog Ss.l 943 J-D
Begiitered
1948 J-D
OolA9th At 1st gn g Ss. 1 988 M-8
Begiitered....
1993 M-8
LexATAPFlstgug6i.'98 M-8
Begiitered
M-8
MetW8Bl(Chic)litg.4i.l938 F-A
Begiitered.
1988 F-A
4UBlByAL80-yrg 5s. 1926 F-A
41nn St By 1st oon g Si.1919 J-J
g 5s. 1937 J-J
It Paul City Cab.
Guaranteed gold 5s... 1987 J-J
Third At 1st gold 5s.... 1937 J-J
Dn HI (Ohio) 1st g 5s. ...1945 A-O
Chlo 8t40-yr lstour5i.'2S M-N
W40-year
oon g Ss
1980 M-N
GAB A BLBCTKIC LIGHT BON
Atlanta G L Co 1st g 5s. 1947 J-D
BosUGastrctfss fg6s..'89 J-J
Bklyn TJ Gas 1st eon g 5s.. '45 M-N
ChGLACOo. SmPGACCo
Colnmbns Gas lit g 6s. 1933 J-J
Bale
100
99
Con Gas Co.
Det Gas Co eon lstg 5s.. 1918
Bl 11 Bkn. See K Co BLAP
d
Amer Mutosoope
io
196
Gas ABleo BergCo oon g
J-
Press Assoc n. .100
American Screw
117
19S*
lit preferred
nrmtmrrttA
Par,
Am Typefo'rs—Btook. 1 00
80
80
Pnferred ...............
••!••
,,100
ton
Mlieellaneone.
11
-
a
81
198
08* 96*
99* 86
Jan.'99
94 107
118
Sep.'OO
"l0
108
85
1
98
87*
114
90*110
98* 108
84* 89*
91*
87
18 101* 106*
108
Jan.'99
Not'99
Eep.'00
•
III
99
1
J'ne'00
109
Mar'98
98
99
104
97
97*
96
195
199* Sep.V00
"98* Sep/bo
119
•
••••»
* I • • I
til tit ttt II
• • tut
DS.
199
100
109
Oot.'99
Oot.'99
119
Aug'00
•••at
196
129" 196*
95*
in
HIM
193*
HUH
118* 188*
J'ly '00
"97*
'.'.'.'.'.
110*190*
117*
190*
131*138
'
-Sit-
115
.••III •••lit
117*196*
128* Aug'bo
109* Deo '99
•
ttltl
...... •«•*
..... ••••••
lit III
99
Die '97
91*
Oet.'98
Sep.'OO
•••!•• ......
115
-D
IDuiMarch. IDueJan.
tDuiJuly.
American Surety
900 1800
Amer Shipbuilding ..100 16
Preferred
100
86
Am Soda Foun—Com. 100
91
98*
109* 118
29 110
96
117*
117* 120*
110
95
109
1
F-A
6s'4 9
70
8t
t
4 I
• a •
114
118
96* 94 Sep.'OO
99* Not'99
94
100
1
Ask.
10*
11*
II
SmPGACCo.
Detroit City Gas gSi.,., 1983
OS
10 t
103
110
110
99
93
117*...
-D 119
101* Sen alec Co deb g 5s... 1982
109* Gr RapGLCo lstg 5s.. 191 F-A
109
K C Mo Gas Co lit g 61.1933 A-O
••••••
. , .
48*
119
6s. 191 e
0s. 191
Bid.
78
80
12 108
193
87*
Bale
108
190
IDiiNot.
60
Amer Strawboard,...100
95
100
8
f8»
Amer Wringer
Pref
.
. . . •
com... 100
•
*••«••*<
Amer. Writing Paper
1*1*01 6JT#Q
Si
•
Ask.
905
..FAA
Bonds 0s
19* Amer. Woolen—Com....
•till!
Bid.
900
80
•••••••••••••••
»•!••••••»• »•••••••*
Asphalt of Amer.
8*4
P
"ii'
ii*
107
118
a
14
81
00
18
09
4
17
70* 71*
hlla.ll St.
118*
Sep.'OO
115*118*
103
Aug'00
108
.13
110* Aug '00
* These are option
(Givbn at foot Of 7 consecutive pages).— FERRY
,,,
1
8
94
9£*
83* J'ly '00
113
.
119
199*
lio
1C7
86* 86
Ed Bl 111. See N YG A BL HAP
119* 194* Bq Gas LN Y lstoong 5s. '32 ra-s 118*
Kq G A Fuel. Sm P G A C Co.
118 194
Bonds die Ang.
Preferred
•«".
I I
89 113 118*
86 98* 104
94*
83
118
M-N 117* Sale 117
lOi*
*-A 103 Sale 109
88
88
J-J
82*
J-J 82* Sale 89*
J-J 110* Sale 110* 110*
90
91
Apr'00
J -J
111 May'00
A-O Ill*
.
114*117
Mleeellaneene. Par.
American Chicle Co
Amer
II III
115
»
May'00
116* Aug'00
Preferred
Miscellaneous.
Aeker.Mer A Con 6s 1908 100 108
Amalg. Copper— Sm Bost on Lis -
I
118* Aug' 9'
••IS
•
,
ttl
118*
107* 108*
108* 109*
•
••• |
118
I
104*
Aug'00
109* Apr'00
108
78
(105
1
ititti
SmCANW
8t P.
Den Tram Co oon g
Met By Co 1st gu g
87
81
Aug'00 "08
110* Aug'00
111* Aug'00
OUTSIDE SECURITIES
mort 5s 1919... JAD
••• ititii
Aug'00
Aug'00
Den Con Tr Co lstg 5s.. 1988
111* 118
• « • •
•
.
1st
A-O •114*
F-A 113
A-O 118
WUCent 50-yT 1st gen 4s.. '49 J-J 87*
BTRBBT RAILWAY BON DS.
110 110*
1945 A-O 103
104* ioa* Bklyn Bap Trg 5s
Atl At Bklyn Imp g 5sl 934 J-J
98* 108*
Bk City 1st oon 58.1916. '41 J-J
100 110
Bk Q Co A 8 oon gu g 5s. .'41 M-N
100 106
Bklyn Dn Bl 1st g 4-Ssl 950 F-A
109 111* City A 8 By Bait lstg 5s 1988 J-D
Sale
Bid.
••
»
111
110
settle esete
Wilkes A Bast.
110
I960
Firry Com»8-nle».
ltthA98dSUPerry.
J-D
8m Brie
97* 100a
99* 9914 WHASlouxF. Sm St PM AM
M-8
J-J 108*
• «o Price Friday) latest bid
•
•Mill •••id
• I
110
110
90
M-N 118
110 in*Ji'y*oo
g 4-5S.1988 M-b •108
Begiitered
1988 M-8
Oa Pao By lstg 6
1988 J -J 188* 193 181* Aug'00
Knox A Ohio lit g 0i .1926 J-J 180
180* Aug'00
Bloh A Dan oon g 6i .1916 J -J 188* 188* 180* J'ly '00
quip link fund g 6s. 1909 M-8 100 101 101* J'ly '00
1987 A-O 106
Deb Si stamped
108 Sep.'OO
IPS* 106 Aug'00
So Oar A Qa lit g Bs.. 1919 M-N
gSi
Oot.'99
ib'9" Jan.''99
Wheel DIt 1st gold 5s, 1938 J-J 107
Bxten A Imp gold Ss. .1980 K- » 100
1st oon 4s
1949 M-S
95
Aug'99
98* Aug'00
M-N 106*107*
1994
J
Begiitered
1994
J
M«m DIt lstg 4-4*-5sl998 J-J
Begiitered
1996 J-J
AlaCen B lstg 6i....l918 J-J
Atl A Tad lit g gu 4a.l949 A-O
OolAGreenr lit 6-6i.l9i6 J -J
T V a A Oa DiTg Si. 1980 J-J
lit
109
(
1.
Low. High
129
see.
Sale
Bale
34
18
106
Southern—
lit eon g Si
Oon
Ask Low. High
West N T A Pa 1st g 6s. 1937 J -J 122*
Geng3-4s
1948 A-O
94
Income 6s.... April, 1943 Not
West No Oar. 8tt South By.
West Shore. 8m N T Cent.
86*
111*
Aug'00
Aug'00
Not'99
120* Feb '00
186
BPaoof NMexlitgei.'li J-J
4 P Ooait lit gn g 4a.. 1937 J-J
Tex AN O lit7i
1906 F-A
B Ten reor Hen
since
Jan.
Am Southern
Wash OA W.
78
May'00
Aug'00
118
81
134
b2
••••»
A-O 110
A-O no*
A-O 118*
A-O
M-N
1st g 4s. 193i
LAW
Not'99
11C*
Sale
76*
DesMolnDlr
StOhaiBrldge lstgOs.1908
Warren BB. See Del
Wash Cent See Nor Pao
95
78*
104
BA*APaiilitgug4i.'43 J -J
BoPof Argulstg0i.'O9-lO J-J
Sabine dlT lit g6i.. 1912
Con gSi
1948
106
98*
•••••
111
On A Oal lit gtd g Si. 1927 J-J
Stamped.. .... 1 90 6-87
118
185* 136*
96*
96*
98*
98*
99* J'ne'00
8'*
82*
1989 J-Dt
.
118
78*
85
A AN WlitgugSi.,.1941 J-J
CPaO lit iefgug4i... 1949 F1949 F-A
Begiitered
.
Last Bale.
WVaAPltta. SmBAO.
W Va CentLA BP 1st g 6s. 191 J-J
1st g 6s .1996 A-O 112*113
Wheel's A
Bale
Oal 1st g6i.. 1906
lit gold 6s ser B..1905
lit gold 6
1906
lit gold 6s
191
lit oon guar g Si 1937
J'ne'00
Jan.'00
Deo '99
J-J
78*
SPof
South By.
abash lstg 5s
1939
gold
3d
5s
1939
Debenture series A. . . 1939
Series B.
1939
lstg 5sDetAOhHxt.. 1941
w
104* Feb.'9S
Gold 4i Cent Pao coL.1949 J-Dt
1949 J-Dt
Redstered
Begiitered
Sept. 14.
Range
Week's
erVallndAW. SeeMoi
"
.
118
g 81.1934
lit g 5l... 1924
See Southern.
South era Paoiflo Co—
.
Range or
Bid.
J-J
[VOL..LX2I,
4.
Price
Friday,
M-N ill
M-N •Ill
F-A 91*
J-J
J-J
J
.
W
106* Not'99
J-J
BUB Oca AG
Bod Bar A So
Bo Car A Ga.
Page
M-S
M-8
M-8 *
M-8
M-8
M-8
M-S
M-8
J
6
'
lrglnla Mid. See
J -J
A-O
IstgSs
1934 A-O
Bt John's DIt lit a 4s.. 1934 J-J
AlaMld let gu g 5s.. .1928 M-N
Brans AW 1st gng4s.l938 J -J
811 8 Oca AGgug4i 1918 J-J
BoiotoVsUANB. SmNoiAW
IitF A W'stoon
SAN Ala.
1st oon g 6s. 191
See L A N.
l'l*tl8* Spok FallsANor lstg 6s.l9Si
Stat Isl By 1st gn g 4*i. 1 94
28 121* 135
106 113* Snnb A Lew— See Penn RR.
• • • •
Syra Blng A N Y. See DLAW
103* 104
r
| ebo AN. 8ee M K A T
I er A of Bt L 1st g 4*s.'89
79
84
10
litoongoldSs. .1894-1944
98* 100
St L M BgeTer gu gSs.1930
91
95
Tex A N O. See 80 Pao Co.
TexAP By B dlr lstg 6s.l905
litgold Si
2000
179 86
93* 2dgoldlno. Si. Deo... 3000
TolAOO
litgSi
1935
216 S3* 65*
West'ndlT lstg 6s... .1935
General gold Ss
1935
Kan A M 1st gn g 4s. ..1990
117*121
lstgold4s.l9l7
137 143* Tol Peo A
TStLAKO Istg6str.l916
113*116* Tor Ham A Buff lit g 4s. 1 948
liter A Del 1st og 61. 1928
I
118* 181* I n Pao-BB A 1 gg 4il947
Begiitered
......1947
108* 106
OreRyANar lit f g OslOOfa
108* 108* Ore BB ANar oon g 4s. 1946
Ore ShortLlns lit g 8sl932
»•!••• • • »• I
Ore 8h L— 1st oon g 6s. 1940
••••• I • • «
Non-oum lno A 5s. 1946
Utah A Nor 1st 7s
1906
188 188
Gold 5s
1936
189* 134*
Dnl N J BRAG Co. SmPsHK
117 118* Utah Central. See Rio G
Utah A North. Bt* Un Pao.
TJtloaABlaokB. Sm NYOem
Bt
BAAAP. 8*«8oPa«.Co.
BFANPllt ifg5s...l919
1936
1936
Gtd stamped.
.
W
1981
W O A W 1st oy gu 4S.1934
.
So. See Illinois Cent.
lit g 4i bdofi. 1989
8
g 4e lne bond otf i. 1989
1936
1936
5i
Series F 5s
Gen 5 1
114
1906
sale
1931
1931
1987
A
0..1919
FPierce
lit g 8i
80 Sale
80
StL* 8 FRR 8 *•.... 1996 J-J •100*
100
Southw D1t lstg Ss.1947 A-O '
....
90* 93
1929 A-O
Cent DIt lit r 4i.
105
Ft SAVBBdglltg 81.1910 A-O
Mid
lit
4s
1937
J-D
Kama*
g
L
L
B
Small
L A Iron Mount. See M
E1LK04N. See Wabaih.
at L M Br. See T BB A of StL
Bt
at
D4-5i
Series
86
81
Sep.'OO
«4
1911
1916
1931
1931
6s
Small
P.
.
B
Series
SeriesC 6i
Series
3-4I...1947
Ohio.
SdRoldSi ClaiiO
General gold 6i
General gold Si
1st trust gold 5s
Sept. 14.
Southern— (Con)
Virginia Mid ser A 61.1906
Mob &
St Louis A San Francisco—
190H
9d gold 8i Clan A
1906
>d gold 0s OlanB
(5 pages)
N. Y. STOCK EXCHANGE
P.
«t
PRICES
'
BONOS.
$ine«
Jan.
5141
.
Bange
12
Ask. Low. High.
10S Nov'99
78
77* Aug'00
93* 98 Aug'00
Bid.
3-D
J-J
J-J
Borne Wat. * Og See NT Cent.
Salt Lake lit g if 8i. .1913
Bt
I
THE CHRONICLE -BOND
536
Boon A
.
I
A Sm
Car
Preferred
100
100
A Bng Br 1st 0s.
Company —Com.. 00
Bid.
60
A Mort
it
98
98
aa
7t
as*
09*
Guar. ..100 806
British Columbia Copper
11
Oellulold Co.
100
94
Oent Flrew'rks Com. 100
18
Pnf erred
100
68
tjttateaugay OreA Ir 0i 1
ao
I And Interest,
i Price p ir ab*
—
'
Aik
18
.
Preferred
Bond
1
Par.
Bergn
Bliss
180*'
& MISGBLL'8.
Mlaeellaneone.
Barney
110*
.!•••
115
11*
97
ai
ao
46
n.
..
88
3
BOND8.
Y. STOCK EXCHANGE
WKKK ENDING SEPT. 14.
Iff.
LAPgOi
1997
-
mon 6i
1st r
Registered. ........ • • •••
Small
See
Week's
Range
Range or
since
Sept. 14.
Last Sale.
Ask. Low.
Mill
4944
•itttt •••!•• ..•••«
•••••• ••«•••
ftflMf »••»•• 111
•
PeopQw
••••• •••••
D
;•••
Reentered
,5ia
Purchase mon g 4s. •••!»*» F-A
MLBd BO 111 lit oonT g 8il910 J-J
lit oon «r «•
J??" M--<
ersor A P G A E g 5i.l 949
118
••••••
105
105
t
t • t
tt
1902 F-A
1909 J-J
Coupons off.
;??„
Col Fuel Co gen gold 8s. 19 19 ML-N
1943 F-A
5i.
f
gen
g
I
Co
F
A
Col
101
OoXl A IRON BOND8.
Coal Mln. SeeTCIAR
Can
laarf BltCoal. SeeNYCAH
1936
rpennCoalTDlv litg 6sl917
-L BlrmDlT 1st con 6i. 1917
M Co 1st gu g 6s..'22
4*»s ....
105
108
105
103
li
111
1900 Qu-F
101*
1915
100
68
106
137
1st g 6s. .'40
109*
105
108
103
109
103
106
58
98*
106
105
Feb '00
Aug'00
33
Jan.'OO
67
US
1946
9* 10
BnvelCo 1st • f g6sl918 j'-j113
114
B LeathCo • f deb g 6i.' 1 M-N
MI8CKLLANBOUS BON D8.
Adams Bx—Col tr g 4s. 1948 Ml- •108*
US
U
118
110
105
109
83
U
FOR'GN GOV. SECURITIES.
U S of Mexloo
•••••
105
Jan.'OO
Small
105
89* 89*
'00
ClassC 4g.
Currency funding
Jan.'99
A.pr'97
Sep.'00
at 105 107*
Aug'00
87* 95
May'00
104* 103
67
9*
J-J
84
34
Dlst of
10
35
118
118
1
118
118*
108*
103
9
108
105
z
Q-J
liaeellaneoui. Par
Ohai A O Grain El— Inc.
4s.
.
Okeeebrongh Mfg Co. 100
Chicago A Alton RR 3s...
Bid.
Ask
IS
17
70
858
80
366
105
80
80
55
10
56
45
Common— See St. Ex. list
A Hook Ccal A I, pfd.
Col
lstg 5s 1917
JAJ
Consolld Car Heating. 100
Oontol Firew'ks-Com.lOG
100
Preferred
Oontol Rubber Tire.
Distill.
Co. of Amertoa. .
28
70
108
108
Preferred
Bleotrlo Vehicle
Preferred
Empire Steel
16
NY
78
Hayana Commercial
5
81
19
6»
40
MA8
70
86
ttt*
20
1st 8s
1922
Qer'g-Hall-Mar(asst p'd).
Preferred (asst p'd) 100
Hoboken Land A lmp't.
5s
Illinois
International Blevat.100
tnternat'l
Pump—Com.
• t t t •
*
te 1 1
•
18*
«8*
Preferred.
66
Intemat surer— See Stk. Bxch. list.
Do
do
pref.
31
84
Do
do bonda. 1 93
98
Inter-State Oil
09
59*
Iron Steamboat.
100
4
2*4
•• 1901
JAJ
45
• t
t
John B Stetson—Com.100 96 105
Preferred
ioo HO
130
lonmeay A Burnham. 100
3
ttt
Preferred
100
80
30
IiMitwn Monotype.... so
18
Lawyers' Surety
100 105 110
Lawyers' Title Int. ... 100 160
170
LorUlard (P)—Pref.. .100 100
108
Madison Sq. Garden— 100
6
7
8d 6i 1919
MAN 40 ttt its
Markets Copper
4* 6
Max Nat Construct 'n, pfd Mil 10
Minneapolis Brew 1st 7t. 119
116
•
•
•
H*
•
19H.MAlr
Planters' Compress ..100
Pratt A Whitn— Pref 100
Procter A Gamble. ... 100
100
Preferred
lit 6s— See Stock Bxoh
.
40
69
118*
7*
t
68
98
86
8*
87
87*
19
17
55
450
210
tt
. • •
485
202
list.
RoyBakPowpf
92
93
Rubber Goods Mfg ......
29*4
99*
76
77
Seaooatt Packing Co
Preferred
1*4
18*
.
89*4
66*
1 1 1 e t
>
Simmons H'rdw-Com.100 114
1*
t
15
25 t..-..
Russell A Brwin.
Safety Car Heat A Lt.100 115
110
106
;.,..
KleoVeh Trans. 10
15
75
A Iron.. 100
^referred.. .•«••..«.•....
10
•
3d preferred
ALB
60
98
Preferred
Heck- Jones- J Mtll-Pf.100
81
20
79
85
!
56
11
10
45
55
79
100 135
Preferred
100 138
3d preferred
100 585
Singer Mfg Co
Standard Oil of N J.. 100 638
Stand Und'rg'd Cable. 100 1«3*
Bloss-Bheffleld Set Stock Bxoh
Southern Cotton Oil.. .50 t 53*
40
8tandardCoupler.com .
183
Preferred
Stat III R T lit 6i'13AAO 107
3d 5i 1926
JAJ 95
.
Stillw-Bieroe
A 8m-V.100
60
125
93
60
118
140
144
600
540
aco
.Hsu
46
18
14*
Storage Power
101*
100 101
Swift A Co
lit 5s 1910-1914... JAJ 1101* 108
SusqCoal 6s 1911....J*J 118 lao
75
Texas A Paoiflo Coal. 100
87*
lit 611908
AAO #107*4
407
Title Guar A Truat,..100 400
7
8
Trenton Pott—Com.. 100
60
00
100
Preferred
00
Trow Dlreotory-New 100 00
.
Unlcn Copper ............
Union Steel A Chain. ...
U. 8. Cast Iron Pipe.
Preferred
Banks.
Brokers'
N. Y.
Qu
8*
SM
8
8
Bid,
otati ons.
Amertoa* ...
Am Bxoh...
Astor
Bowery*....
Broadway...
Butoh'iADr.
Central
Chase ....,,,
Chatham
. .
Chemical....
Cltlrens'....
City
Colonial* . .
Columbia*..
Commerce..
Continental
Corn Bxoh*.
Domes. Bxoh
Bast River..
11th Ward*.
Fifth Ave*..
Fifth
First
14th Street*.
Fourth
Gallatin
Gansevoort*.
Garfield.
German Am*
German Bx*.
Germania*...
Green wiflh*..
Hamilton*...
450
180
190
500
290
240
*36
170
475
300 310
4000
140
150
383* 340
875
190
4360
130
340 350
iOS
140
150
2400 3900
325
3800
145
165
105
174
390
60
1700
120
255
400
•t t • t
180
145
t •
Aug'98
Hide A Lath 120
Imp A Trad. '•4441
180
Leather Mfr. 210
Liberty
310
Linooin
775
Manhattan* 265
Market A Ful 210
Mechanics'. 900
Meoh A Tra* 96
Mercantile
195
Meroh Bxoh. 125
Merchants'. 165
Metropolis*. 600
Mt Morrii*. 180
*
87*
109
118
118
32*
181*
II
1
ia
112* n«
118* HI
heni
87*
b96
108* 116*
••••• •<•••«
102*
108
108ff
131
Apr '00
181
199
181
108
Aug'00
106* 108*
109*
Feb. »w
106*
J'ne'00
t • t a e •
90
138
Feb. '98
130
Mar'00
•« nitii
90
»
•
•
90
180
94
91
85
ItO
& MISGELL'8.
Miscellaneous
U
S
MAS
5il949
4*
Weitingh Atr Brake. .50
Worthing. Pump, pfd.100
.
34
Bank*.
Bid.
Brokers Qu
Mutual*.
Nassau*
New Amst.*.
otaUo
140
175
NewYork Cc
N Y Nat Ex..
New York...
Alk.
Brokers
165
Paoiflo*
400
Park
Peoples'* .... 225
100
Phenix
475
Piaia*
Prod Bxoh*. 135
Republic .... 225
Riverside*... 210
Seaboard.... 290
800
Second
180
Seventh.
Shoe A Le'tb 100
300
State*
State of NY* 128
13th Ward*.. 100
4
88
9
85
U82* 188*
100
lit
Qu
otati
me.
200
140
135
105
I8t
N. Y. CITY.
•
ttt'
ISO
430
Atlantic Tr.
Bankers' Tr
Bowl'gGreen
Central Tr'st.
Olty Trust. .
Colonial
Continental
13*6*
Farm Ln ATr
eat
300
i«"
208
900
•
t*44tS
CtLRltyB&T 250
106
Fifth Ave Tr
Guaranty Tr
t
106
Eniok'rb'ok'r
Manhattan
300
1950 3058
300 850
340
375
....,<
1375 148C
485
l*4t>*X
635
975
400
•9 ««
350
••«•.
•
•
Mercantile
800
• 44441
Merchants'
300
• ••««
Metropolitan 435
475
MortonTrust 425
»tt44t«
N Y L I A Tr 1375 1488
N Y Beo A Ti 750
gt4f
.
115
North Amer. 300
Real Bat Tr'' 300
StandardTr't 310
Tr.Co.of Am. 198
330
.
85
110
300
I
• 4
• •
•
•
••
170
tt«4<
••»«
BR'KLYN.
'
t
449*
205
156
•
•
90S
300
Tr.Oo.ofN.Y.
Union Trust 1800 1400
USMtgATr 400 475
Unit. States. 1600 1650
Washington 390
.
.
55
Trust Cos.
BR'KLYN.
345
Brooklyn* .. 110
8th Ward*...
098* 5th Ave*.... 100*
186
First
Hamilton*... HO*
Kings Co*.... 100
Manufaot'rs. 380
Mechanics* 190
935
Mech A Tra*. 370
910
Merohante*. 100
285
100
Nassau
306
300
Nat City
ISO
North Side*.. tee**
195
175
People's*
Scherm'rh'n' 150
17th Ward* 110
48
88* 90
30* 31
106*
90
23d Ward*... 100
Union Sq*.... 235
West Side*. 375
416
Western
YorkviUe*.. 885
Bedford*.... 310
Bid.
Bid.
.
675
1500
135
280
Oriental*.... tl85
Banks.
Sprague
26th Ward*
Onion*
Wallabout*
19th Ward*. 100
Ninth
8^*
North Amer. 200
Brooklyn Tr 418
Flatbush... 180
Franklin. ... 305
Hamilton... 285
Kings Co.... 340
L Isl L A Tr 250
Manufaot'rs 307
180
Nassau
People's
330
wuiUmab'tb 190
•
•4MC
<sse i
MSS—
•
••*•<
888
900
alto part
Stat* bank*,
I Puroaater
at Btoak Bzak. or at auction tall week
(•) art)
i
Par.
Envelope— Com.. 100
100
Pref
U 8 Glass—Common.. 100
Preferred
...100
Va. Coal Iron A Coke. 100
183*
Broadway*
1*44
1
90
6* *ug'00
6* 10
Due Auguat. aThese are option
1
73
99
495
io«*
i*o«u
95* 95 Aug'00
84* 99* J'ne'00
"89* 90* 89* Aug'00
HI
Banks marked with an astoilik
t Prioe per bar*
aearaadlnt,
114
8ep.'98
10S*
4)
Hano'rlnew)
108* HIS
114 iir
pound.
J'ly'00
Ais.
85
44
Bid.
8*
Alk.
HI
108*
30 108* 118*
94
30
CITY
Irving
65
100
Hi*
103* 105
109*
133
115
.,50 t
lit preferred... .,,,100
May'00
to the
'104
Union Steel * Cham pref
85
Union Switch A Signal. 50 t 48*
Preferred
109*
57 105* 10«K
118*
4 109
o97W Sep.'OO
Sale
five dollars
consecutive pages).—BANKS
Union Typewr—Com.100
t •
NOT'99
105
108
191
17*
Peck, Stow A wilooxV.25 t 27* 149
50 410
Pennsylvania Coal
Pitts Bess
60 t 80* 81
50 t 28
23*
Pittsburg Brewing
43*
50 t 43
Preferred
34*
100
84*
Pittsburg CoaL
83
83
100
Preferred
165*
Pitts Plate Glass..... 100 165
85
25
9
Zlno
Otis Elevator—Com
183
130
100
itttt
III*
t • •
sitae
HI
,.
Mlacellaneout. Par.
10m
•••« «j««««sB
•••••4 *»t«t«
'••414 •««ft«4>
108*
1919
So Carolina— 4*s 20-40.1933
10*
85
150
N. Y. ELVeh. Transp.100
Nicholson File Co
50
90
Gorham Mfg Co-Com.100 110
Preferred
Biscuit 6i
New Jer
Preferred
35
Brie A Western Trans. 50 tioo
Fidelity A Dep (Bait). .50 t.M.
General Carriage
«H
09
General Chemical. ....100
Preferred.
100
95
10*
100
180
National Surety
National Tube See NYStk *xch. Hit.
62
65
National Wall Paper. 100
4
N. B. Bleo. Veh.Trans.. 10 t 8*
70
85
N Y Loan A Imp
100
60
7
87
8
10H
40*
40
100
Preferred.....
90
80
17
80
80
46
Pref
t
.
60
4ft
Bleotrlo Boat.....
60
Monongahela Water... 25
100
Moiler Safe Co
100
National Caibon
.100
Preferred
Nat Enamel's A Stamping
Preferred
Nat'l Gramophone. . .100
Nutlonal Saw— Pref.. 100
National Salt
Preferred
87*
6*4
88
Pref
Corbln Cabinet Lock. 100 235
Corbln (P. A F.) Co.... 85 t 85
70
Cramps' 8h A En Bldg.100
Diamond Match Co ... 1 00 133
Coal. t
7
Alk
Bid
Monongahela Riyer
84*
93*
104
ChlcAAl Ry8*siw.i.) 80
Com stock ( wh Issued) 86
60
Pref (when Issued)...
Olaflln (HB)-lstpref.lOO 101
100
101
preferred
Id
Subicriprtors.
97*
a*
(Given at foot of
»••••
110
|
OUT8IDE SECURITIES
•••««*
• t
OOV99
108
Virginia fund debt 8-3i.l991
....
HUM
1
106
133
108
107
6s
Bale
!••••
101*
Feb.'98
108
100
Registered
84* 16 81* 87*
,,,.
84
6i deferred oertfa
79* 33 71
k'n W AW H 1st 5s tr ctf s.
Mo prioe Friday; these are lateit bid and asked this week, t Due July * Due May. I Due April. Bondi due January.
84*
73*
104
109
,
.
MI4H
•tt4«4 •«(»•*
109* 110* 109* 109*
114* 115* 114* 114*
115* 116* 115* Sep.'OO
134 135
138* J'ly'00
134
135 134* 134*
113* 11414 114
114
114* 114* 113* Aug'00
sted Departm ent " for bond
Louisiana— New oon 4s.. 191
Small
,
Missouri— Funding. ..1894-95
Nortn Car—ConsoMt... 1910
Small
•••««
•••ne
113* lit*
109*110* 109* Aug'00
109* 110* 109* liO
4s. ..1920
Tenn—New settlem' 1 3s
•••
ttt
Feb'o
1C4* 105* 104
104
Columbia—3-65I.1924
Small
10
40
MM
(For daily rtcnrd see seventh pa oe v receiUns.)
1906
1906
5s
I
118* J'ly'00
113
,
B
Class
•
110* 110* Aug'00
106*
106* 108*
110* Sale 110* 110*
STATE SECURITIES.
Alabama— Class A 4 to 5.1906 J-J
•••
••
ttt
MII44
t
tt« tt at«sD
••••• ••«««*•
MM«| •«••««
•••f4| •••««<
• ••••»
••«••)£
• •••««
•••M«
OetV9P
101
set it itiii
f g 5s of 1899
b
b These art prices on the basis of
85
63
Sep.'OO
Feb
U
U
U
U
U
U
U
U
3s 30-year refundlngt....
8 2s 30-year registered t-.
1918
S 3s registered
1918
8 3s ooupon ....
S 3s reg small bonds. 1918
8 8s oou small bonds. 1918
1907
8 4s registered
.....1907
S 4s ooupon
1925
8 4s registered
1925
8 4s ooupon
1904
8 5s registered
B 5s ooupon...... .....1904"
t Prices are made in the
100*104
113* J'ly'99
87* 67 Aug'00
Inoonieg 5s
mDkAImp5s. SetCenNJ
BklnFerryCo lstoong 5s'48 F-A
95*
108
108
105
101
83
J'ly'00
101
103
67
67
103
107
80
105*
•
.
GOT. SECURITIES.
•
••
9*6"
Kill
••••••
Fd and real est g 4*. 1950 M-N
Mut Un Tel s fa 6s... 1911 M-N
S.
. * • * *
101* May'00
2397 i:i
Registered
Brie I'AToeltrgsf 5i...l926 J-J
Met T ATlstsf g 5s.. .1918 M-N
Un.
Mut On Tel Oo. Bet
n if A N J Tel gen g 5s oy. '20 M-N
No Weitn Teleg. See West. Un.
West Union— Col tr our 5s.'38 J -J
U.
•
•
MII4I 114(11
• ••••9 4t(M
Wn
58
103
90
Jan.'00
101* Aug'00
J-J
Stan Rope AT Istg6s.l946 F-A
•
t
19
•
•••••
• •«••
• • t 1 1
111
Nov'99
"••I
1 «
FTiak
110
tteea
113
. .
100*108*
105*
•tat*
I.
Low
• •
8l" Sep "00
80
••«§•
• 1 1 1 1 •
Wat Works 1st 6s. '06 M-8
Vermont Mar 1st s f 5s. 191
TELE. A TELEPH. BOND8.
Com Oho le Co lit g 4s. 2397
Aug'00
•••«••
9
•
since
Jan.
High
HO
• e t •
t
8p Val
107
Aug'00
Feb '00
• •
.
Ask. Low.
t
95*Jan.'B7
May'97
May'97
J-D
J-D
M-N
J-D
A-Oli 1054 107
J-J 105*106
J-D
F-A 93 101
Last Sale.
Range
Week's
J-J
•••••
M-N
444
M-N
ManBchHALgeng4s.l940
MMII
•••••
108*110
SAD D 5S.1990 J-JI
•• >••
Newpt News
F-A •t tee ••••••
Y AOnt Land lit g 6s. 191
91
94*
St L Ter Cupples Station A
108 110
PropCo Istg4*s5-30yr'17 J-D ••••• •*••
117* 180
8 Yuba Wat Co oon g 6s. .'28 J-J 111
105* 105*
98*
537
Sept. 14.
• * • 1
.
5.
Range or
Bid.
Iron Steamboat Co 6s... 1901
Mad Sq Gard lstg 5s... 1919
105* J'ne'00
•
10C*
J
Thread "stool tst 4s
Bar A 8 Car Co Istg 6s.. 1942 J-J » »»»•• 90" 105
1933
89*
A-O
Gramercy Bug 1st g 6s..
99
1910 J-J
Steel Co deb 5s
FiNon-oonr
70
• • •
deben 5s. 1913 A-O
108*
105
105
Int'l Paper Co lstoong6s.'18 F-A
95
93
Knlok I oe (Chlo) 1 st g 5s. 1 928 A-O * 98
105
104*
Nat BtarohMfg Oolitg6il920 M-N
A Gamb
106
May'00
Aug'00
Deo '99
Am
Procter
let
J'ly'00
108
M-8
Am opirtts Mfg Istg6s..l9l5
1919
-J
.
......
. • . • i
..
Price
Friday,
ChloJoA8tYdoolg5s.l915 J-J ee 444
ttt
Non-oum too 5s .... 1 907 IDot MAM Id gr 8*s 8 A.1911 A-O it t tt
1926
5s.
J-J
••••••
1st
Reor
g
Haok Wat
Head B Co 1st if g 6i... 1931 M-8 108
1910 M-N
HoiJokenL Alg 5s
U
De Bar C A I Co gu g 6s. '10
Wh L B A P C On 1st H 5s.'19 J-J
MAN'F'G A INDUSTRIAL.
AmExtended
•
Paob
(5 pages)
• t t t
A-O
RoohA PltCAI pur m 5il 946
Bun Ck Coal 1st g f 6I..1912
. .
••«•«
Sep.'OO
•
..
• • •
tt
MM
Mar'99
108
101
58
65
.
De Bardel C A 1. See T C A I.
Gr BIT Coal A C lit g 6i. 1919
JeffA01earOAIlitg5il92«
deb g 8s.
•
PKI0B8
Northwestern Tel 7i. . . .'04
. .
Oil
.
98
93* 186
109* Aug'00
180 118* J'ly'00
•••••4
107 " J'iy V00
107
104
104
108*
130* Aug'00
130*
106 Deo '98
10 107
108* 108" 108
•••••• ••••••
•itttt
not
> •
108
UtlcaELAPlitsfg5s.l950 J-J
Westn Gai Oo ooi tr g 5s... 33 ML-N
Can C
• • t
107H 107
Peouai*Olstgttg6s..l904 M-N 104
1904 J-D 104
2d gtd g8i..
1943 A-O 110
1st oontol g6i
1947 M-S
Refunding g5i
.1947 M-S
aeglitered..
ChG-LAOkelstgug5i37 J-J 103
ConGOoofOhlitgugSs 36 J-D
05 J-J
BqGA FChlitgUgri
Mu Fuel Gai 1st gu g 5..1947 M-N
Trenton O A HI lit « Si.1949. M-8 ••••••
2d ? 5s
••it* »•••••
106*109
1
A I lit oon g 6s.
A I Pot Co gu g 5s.
Low High
"98" Sale"
Pat
Col
Col
i
1.
tee
• •»•
•
J
4
3
..
BOND8.
n. y. stock bxohangf ii
Whbk Ending Sept. 14.
High. No.
97* OOV9U
n 108*
NYGBLHAP..g5i.l948
Jan.
•4
Q-Ft 106
Q-F*
5s'l9
LmgS-L Oo of BtLlttg l»lw
Mat Fuel Gas Co
Price
Friday,
Bid.
A-O
A-O
J -J
A-O
A-O
....'87
m n5iBkn- Utoon a 4iV39
lwtu
Bd
..
THE CHRON1CLK-BOND
Sept. 15, 1900.]
Kings Co Hi
Purchase
.
.
<
1
.
THE CHRONfCLE.
538
Boston, Philadelphia and Baltimore Stock Exchanges
Share Prices— Not Per Centum Prices.
[Vol. LXXI.
—A
Daily and Yearly Record.
Sales
ACTIVE STOCKS.
Saturday,
Sept.
8.
Monday,
Stpt.
10.
Sept.
33* 33*
348
348
348
348
844
190
341
•188
318
148* 119
214 341
'183
190
848
149
188* 188* •188 190
125* 125* 125* 135* 135* 135* 185*
•189* 140
130*
189
140
140 140
•135
'U5
125
•185
•29* "30
30
29* '89* •2-** 80
40*
40* •40
•40
40*
40* 40
138* 138* 138* 138* 138 138
31
25* 25* 35* 25* "is"
85
24
84
-21
31
35
76* 76* 76*
76* 76* 76
•11* 11* •11* I'* 11* 11*
88* 86* •85* 86*
•51
51* •51* 6'* •51* 51*
78
•71* 78
•71*
73
»71*
305
#
"e'i"
• 98*
8 8-10
87*
•18
•57*
74*
88*
16*
•»3*
..
305
305
188*
94
94
94
125*125* Preferred
137
•29* 80 Chootaw Oklahoma
•29* SO
40* Preferred.
•40
40* '40
'137
188 Fitchburg, pref
138 188
•24*
SHU Lehigh Valley
24*
31*
30
40*
188
25
•71* 73
304
94
•68
65
735
16* 16*
48
43
•96
•84* 35
•63* 54
97*
•97
•183*
.....
18* 18*
8* 3
112*112*
18* 18*
61
•740
68
63
741
304
94
91
88* 88*
25* 25-4
77* 78*
1*
1*
•
201
64
• •
99*
8*
65
•12*
5VH
74*
36*
16*
57*
74*
85* 30
16* 16*
•88
36*
94
INACTIVE STOCK S
Ask
BA1LROAD8.— Prices
Atl * Charlotte (Bait) 100
Bos* Maine pf.(Bost) 10C
100
Boston 4 Prov. "
Sept.
14.
Central Mass...
18a
160
801
14
100
63
100
100 160
160 370
s • • •
* 120** American Sugar
|10
Kenning!.
*
117
117
117
143* 143
117
9*
9%
9*
318
63
745
316
819
65
•83
•61
745
NewKngGs AC !
NewHavI4
AmG
10
•
1
•
MISCELLANEOUS.
Ik
Allouei Mining (Bost) 35
Am er. Oementl (Phil) ....
(Bost)
Arcadian
Arnold Mining. "
"
Atlantic Mln'g.
"
Baltic Mining..
19*
4*
20*
5
84
( Bost)
S.(Phil)
Cambria Iron.. (Phil) 50
(Bait) 100
Canton Co
Cen ten Mining. (Bost) 35
"
Central OU
Con. Lake Sup. (Phil)
40
78
16
46
79
16*
14
16
30*
80*
"
""l*
"'i
Danv. Bessemer "
"
3*
Dlam State St
Domln Coalpf.(Bost)100 110 111
dlson El 111... " 100 300 310
9*
Bleo Co of Am!. (Phil) 50
Ow
14*
Franklin Mln'g.(Bost) 85
"
100 140
40*
general Eleot.
"
100 189* 140
Pref
OenBl Auto-M!(Phll) 50
10
7
Ind-Egyy Coml( Bost) 100
.
10
IntButHABM
85
leleRcyale!.... "
Mannfac Rub.. (Phil) 60
"
50
Pref
Mary land Brew. ( Bait) 1 00
"
100
Preferred...
Mergenthaler .. (Bost) 100
"
"
"
"
PennEleoVeh.(Phil)
•47* 43
65
•.
4 Mf g
. . .
Bid.
e*
10
30
35
35
10
50
8
a*
8
66*
66
10
a
89*
1
....
10
184
a
8*
80
1*
*2*
13
181*
2*
NB Gas AC 1st 0s.. 1937
New Eng Tele 6s.'99 AAO
41*
I
A
* •
•
1
.
8*
8. (Phil) 10
"
100
"
100
Westm rel Coal "
50
Winona Mlning(Bost) 85
Wolverine Min. "
35
••
• • • •
i
*•••••
100
98
AT4SFgeng4s.'95A40 09 100
Adjustment g 4s. .1995 I 85
86
Boston Term'13*s.. 1947 {114
118
Bos Uu Gas 1st 5s. '39 J4J {
80
3d M5s
1939 J4J {
50
Bur4 Mo Rl v ex'pt 6s. JAJ {115*
J A.J {
I
«
Non-exempt
JAJ {108*
1910 JAJ I100
6s. '18
Plain 4s
W
Chi 4
M gen 5s.'21 J4D {103
Con. of Verm't 4s. 1 3 J AJ • 84
Curr't Rlv 1st 0s.'27 AAO {•
'
DGR4Wlst4s.'46 AAO * 96*
Domln Coal lst6s.'13MA8 {110
Kast'n 1st M 6s g.'06 M4S {114*
Fr ElkAM V 1st 6s '38 end {137
111
98
108
to
80
97
111
Unst'p'd 1st 6s. '33 AAO {137
Ulln Steel oonv Cs.'10 JAJ { 96
Debenture 5s. 1 9 1 3 A Ao
j
i
Income 5s
66
K CA M KyAB 5s.'29 AAO fioa
K C St Jo AC B 7s.'07 JAJ ai«
LRockAFBlst7s.'05JA ilOl
LEA St List 6s
1
IS
no*
99
60
106
st oon lno 3s g non-oum
3d oon lno 3s non-oum..
80
25* 26*
18
50
50
{103
i......
Anacostla A Pot
0s
Atl 4 Ch 1st 78.1907 JAJ
100
AtlG-Lightlst5sl917JAD
105
Atl Coast L ctfs 5s . J4D
Bait Beit 1st 5S.1990MAN
••••••
2,673
881
il7*
118
105
• •
13
•
•••
190
106*
116
115
116*
113* 113*
105
106
97*
56*
)
• • •
«
• •
NewpNAOPtst5s'88MAN 105*
108
NorthCeut4*s.l925AAO lie*
1997 JAJ
PotomVal 1st 5s.l»41JAJ
8«oAvTntPttts)5s'81JAD
Sav Fla 4 West 5s 34 AAO
Seaboard loan oertf s
06HD X Roan 5s. Itf2rt JAJ
Pitt
Un Trac
5s.
'
Ul.EI l.APlstt*B'80M4N
UuKyA Kl lstlslO.MAS
Income 4s 1949. ...JAH
Vlrg Mid 1st 6s. 1906 MAS
4th
5th
• e • •
107
31
1.
Jan.
Jan.
61
Jan.
t $50 paid
6
5
in.
118*
MAN
s •
Indianapolis
• •
>
Ry
4s.
Leh Val ext 4s.. 1948 J4D
3d 7s.
1910 MAS
Consoles
1923 JAD
Annuity 8s
JAD
New'k Con Gas 5s '18 JAD
Newark Pass oon 5s. 1930
NYPhllANorlstls '39J AJ
Income 4s. 1U39 MAN
No Penn 1st 4s.. '36 MAN
GenM7s
1903JAJ
Penn gen 8s r... 1910 Var
. .
Consol 6s 0.... 1905 Var
Consol 5s r....l919 Var
Steel
AAO
AAO
lst5s.'17 MAN
1939
1939
People's Tr tr oerte 4s.'4o
Phila Klec gold trust otfs
Trust oertfs 4s
PhAEr gen 0g.'90 AAO
Gen
4s g. .1920 AAO
Consol
1.4*
4 • •
*•
Con
M
M
Ph A Read 2d
-••••
M
5s.'33
7s. .1911
AAv
Terminal 6s
06*
97
1911 o-l
PWil A Bait Is. 1 917 AA'
Coliat trust Is. 1921 J4j
80
00
Pitts CArtt
•
• • • «
07* 07*
78* 78*
110
g.
L 7s. 1 900 FA A
Head Co gen 4s. 1997 JAJ
Rochester Ry oou 5s. 193c
SohRlfcM.lelsl.'m, I '35JAl>
Soran Trac 1st 6s "32MAN
Union Term'i
1st
I
And
interest.
1
llffl
no
73*
76
i'i8*
107
108
•
••11
10a
117
138
183
ISO
.*•«••
189*
108*
•
6 * •
••
104
80
117
109*
105
>»•!
•••.I
•
85
Hill
• •••
113* 115
135
•
•••I
MM
109
94
• •
1*07*
101
67
190
10}
137
ssl
*• ••»
lllll
.s*tl
• •
••
183
106*
103
131* 130
108* ••••
108*
•
"87'
87*
108
111
Hilt
••M
5s.K4A
United N J 4s.. 1944 MAt>
UnTraoPttt*gen56'97JA.>
00
•
JAL 130*
M 6s g... 1911 JA1
Ext Imp Mia g. 17 AA*
Con M of '82 4s.'37 JA
*ltl
••••I
Penn A Md Steel oon 6s.
.•••••
Pa A N T Can 7s.. 06 JAD 118*
Cons 5s
Cons 4s
•
100*
ioo
118
100
108
116
103
Gen M 4*s g.. 1924 Q-K 108
Leh VC'l lst5sg.'33J4J
• s
•
•••••I
105* 100
107*
.1933
K C Sub B 1st 6s.. '20 JAD
Lehigh Nav 4*s. .'14 Q-J
RR4sg
1914 Q-F
•*
• • • s
74*
118*
114
JAD
Edison Eleo 5s stk tr ctfs
BleoA Peop's Tr stk tr ctf *
Elm A Wil m 1st 6s.' 10 J 4J
Income 5s... .2862 AAO
Eq 111 Gas-L lstg 56.1938
Hestonv M A F oon 5s. '34
HA B Top oon 0s.'30 A 40
•
• • •
130
tr ctfs.
Ter 1st 5s. 1926
ate*
00
89
Ask.
Bid.
115
•
•
paid.
110
108
180
180
•
$5
WestVaC4Plst6g.'llJ4J
Wil 4 Weld 5s.. 1935 J4J
••••I
• s
I
West N C oon 6s.l914 JAJ
Penn
109*
MAr no*
MAS 193
ser 8-l-5s. 1931 MAS 105
series 5s. 1930 MAf 118
Va (State) 3s new.'33JA.l
Fund debt2-3s.l991J4J
14* June
40
40
May
4*
Colum St Ry 1st oon 5s.'3*
ConTraoof NJ 1st 5s.. '33 109*
Del 4 B Bk lst7s.'05 F4A 117
EastAA 1st M 5s. '30 MAN 114
117
101
119
07
KnoxvTraO lst5s'28AAO
Lake R El lstgu5s'42MA8 117
66
Maryland Brewing 6s ....
MetSt( Wash 1st 5s'25FA 110
•
New Orl Gas 1st 5s...Var
AAO
6s 1900
JAJ
6s gold 1900
J4J
1904
6s
Series A 5s 1926.... JAJ
Series B 5s 1926.. ..JAJ
100
15
Clt's'8tRy(Ind)oon 5s.'33
Ga AAlalstpf5sl945AAO 105
GaCarANlst5sg.l929JAJ 103 103*
GeorglaPlst5-6s 1922JAJ 122* 134
Ga8oAFla lst5s.l945JAJ 118*
Norfolk St 1st 5s '44. JAJ
U07 Mavl6
669
Ches4DCanlst5s.'16JAJ
ChooOkAG gen 5s'l9J4J
• •
Greater Seaboard ctfs....
14
3
Jan.
Mar. 8
J .ly 16
July 18
Mar. 14
July 80
1
BergAEBrewlst6s'31J4J 108*
B BoroGae lst5s.'SSMACambrtalron 68.1917 J4J 104
i
108
Ext 4 Imp 6s.l901MA8
NoBaltDlv 58.1942J4D
Conv'rtlble5sl906M4N 108* 103
Central By 6s... 1912 J4J ••••••
Consol 5s .... 1 932 M4N 117* 180*
Ext 4 Imp 5s. J 933M48 117*
105
Chas City Rylst 5s '33JAJ 104
04
08
Chas Ry G A EI 5s '99 MAS
1939JAD
6*
96*
133
Balls
BaltCPaslst5s.l911M4N 110
Bait Fundg 5s. 19 16 M4N
Exchange 3*s. 1930 JAJ 124
BaltAPlst6sml 1911 AAO
6s.
43
Atl City 1st 5sg..'19
.
CltyASub lst5s.l922JAD
CityA8ub(Wash)lst5i'48
ColAGmvlst5-8.1917JAJ
Consol Gas 6s. .1910 J AD
June 32
89* Ju .e 25
Jan.
4
Jan. 10
AlleVyEext7al910AAO 180
Bonds— Baltimore.
1st 6s tunnel 1911..JAJ
Bal Trac 1st 5s.l929M4N
5
95
Asphalt Co 5s
.
'
Mar.
36* Jone35
47
670
138
1,056
50
5
Mar. ai
Jan. 19
Jan.
8
Bonds— Philadelphia
{100
3d series 6s.. 1911
3d series 6s.. 1916
1939
Gen 4s 1943
M4Mar 11 A Ont 6s...'25 AAO 1118
Mex Cent 4s a.. 1911 J4J { 79
1
98
98
83
96
B C CA 8 1st 5s g.'25 AAO { 70
KCFtSAGlst7s.'08JAD {114
K C F SAMcon «s.'28MAN illO
KCM4Blst4s..'34 MAS 98
58
1
3* CharlCAA ext5s.l910JAJ 105*
2*
40* 40*
Bonds— Boston.
Am BeilTel4s..l908
• •••
••»••*
• • •
104*
1104
Torrlngton 1st 0s 1918...
West End St 0s 02 M4N
1914 MAS
4*s
1916 M4N
Deb 4s
.
May 89
14* June 3rt
BONDS
mort 6s.. ..1900 JAJ $109*
Rutland 1st 6s. .'02 MAN {108
3
Welsbach Com!
Pref!
AAO
Jan. 18
2
Jan.
a
Jan.
10
Feb. 6
330
apr. 8
85* Apr. 3
770 Feb. 18
'/2*Feb. 2
62* June 18
01 Mar.,31
122 Feb. 81
57* Feb. 8
04* May 16
13 Jan. 88
03* Mar. 33
140 Jan. 7
24* Apr. 4
6* Jan. 8
160* Jan. 11
30 Jan. 8
00 Mar. 37
48* Apr. 80
-6 Mar. 18
Baltimore—Conclu'd.
1st
.
Warwick
1907
6
48
11
i',530
rights
N Y4NBnglst7s.'05JAJ {113*
*
May
Mar.
95* Mar.
340
97* Apr.
June
1* Sept
Aug.
Ask
Bid.
Boston—Concluded.
NewEng congen5s'45J4J
N E Cot Yarn 5s 1929FA A
10
1
s •
BONDS
A.8k.
17* Apr.
30
2? 80*
10
8
18
1*
9 137*
8 118
8- I5u
May
*
(Boston) .... 00
"
.... 50
*Hx
83* Apr.
3
105 107
173 140
6,33
(3*
817 351
65 43
30 690
(Phila.) ....
Westlngh. Electric
Preferred
Apr.
Auj. 80
9-16Apr. 5
1
June 2
30
70
1,803
.
"
Pref
50
Pennsyl Salt... "
50 180
Penngyl Steel!. "
....
"
Pref!
100
145
Qulnoy Mining. (Bost) 35 144
3
3
Rhode IslMin..( Bost) 80
Santa Ysabel G "
*
SusqueI4S!..(Phll)
82
334
Tamarack Mln.(Bost) 35
TelepTel4C..(Phll)....
* e e
• •
"
8
Tidewater St.
10
28
3e*
Torrington"A"(Bost) 35
"
28
Pref
88*
..
30
2
1
85
UnCop"L4M'g "
UnEiLAPowpf (Bait) 50
Un Shoe Mach.. (Bost) 35 39* so'
"
34* 24*
Pref
85
7
U 8 Mining.... "
25
U8PHorseCol.(Phli) 1
80
Utah Mining.. (Bost)4'85
80*
.
....
"
Old Dominion Copper !
.... 35
2* Philadelphia Bleo.! 3* paid (Phila. )
'*
112* Dnited Gas Improvement !.
.... 00
(Boston).... 30
17* Onited States Oil
Welsbach Light!
71*
2 100
81* Jan.
9)0
•17* 18
118
17
3-
Jan
95
158
974
180
.
3*
1
60* Apr. 4
70* June 85 78 Apr. 4
35* SeJt. 14 40* Mar. 81
770 15* Jan. 8 19* Mar. 80
34 Jan.
9 87* May
8
177 91* May 39 b4* Mar.
10
....35
paid .... (Phila.) .... 00
,
4 Hecla
Steel, $4*
Jan.
747
.
_
Mei Telephone
Butte4Boston
....
Jan.
1,545
1,680
"
July 18
July 17
Aug. 88
Apr. 18
142
37
35
45
8
Sept 14
12,83' 34 9-18Jan.lO
13 Jan. 10
"025 11* Jan. 9
....100
....100
(Phlla.)....
paid
Mar.
8.81S
(Bait.) ....100
56* Consolidated Gas
37* 38* Dominion Coal
(Boston).... 100
"
96* 97 Brie Telephone.
....100
"
34* 34* Federal Steel.
....100
•52
03 Lehigh Coal 4 Navigation.. (Phlla.) .... 00
"
....100
8* 8* Marsden Co!
•97
97* New Bng. Cotton Yarn, pref (Boston) .... 100
183* 123* New England Telephone....
"
....100
Ch Bur 4 Q 4s. 1922 F4A |ioo
33*
81
IowaDlv 4s.l919A40 3103
81*
Chicago Juno 5s.l 91 5 JAJ ,110
(Phil)
BethSt--?!
170* Ch A No M gu 5s. '31 MAN { 07
Boston islecLU Bost) 100 1?0
Pref
"
"
Mar. 6 34*
Mar. 15 354
Jan. 2 150
Jan. 1 249
Apr.
303*
Jan.
133*
63* June
35S
8,007
•55*
....
No
Dredg(Bost)
Old Col Mining. "
Osceola Mining. "
Palmetto Co.... (Phil)
ParrottSllACop(Bost)
10
2,83;
50
00
Calumet
16* Cambria
18
48* •47* 48
60
10
(Boston).... 100
"
Preferred!
....100
"
Amer. Telephone 4 Tel.Co.!
....100
Asphalt Co of America
(Phlla.)lO paid
Boston 4 Montana
(Boston).... 20
Preferred,
c
143* 143*
207
335
300
.100
.100
,
Pennsylvania
(Phlla.)
.
00
Philadelphia Traction
"
00
Reading Company
"
50
"
1st preferred.
50
"
2d preferred
50
Onion Pacific
(Boston) .... 1 00
"
Preferred
....100
Onion Traction, 817* paid. (Phlla.).... 50
United Ry 4 Bleo. Co
(Bait.) .... 50
Preferred
"
.... 50
West End Street.
(Boston).... 50
Highest
Apr. 3
Apr. g
Feb. 5
May
Apr. 13
May
Jan. 4
Jan.
139* Aug. 80
22* July
29* Apr. 87
15 Jan.
39 Feb. 14
75 Jan.
79* Feb. 15
10* Jan.
14* Mar. IS
82* Jnne38 100 Jan. 39
48* JuueSJ 63* Apr. 4
70* June 35 77* Apr. 18
i03
Jan. 18 309* May 1
3,161
48?
"
(Boston)
t..
119*
185 131
4- 122
8' 89
112 39
44 10
00
(Phila.) ....
Amer. Agricul. Chemical
26
ne* U *
MISCELL.—Concluded.
308
8 241
1,42«
Gulf.. (Phlla.1.... 00
"
.... 00
,,
(Boston).. ..100
76* 76* Preferred T
•1* 1* American Alkali
STOCKS BOND8
KO
.
94
119*
60
65
"
"
•
• •
Oon»olTrPitts!(Phll) 60
tllti
"
50
Pref!
100
(Bait)
Fla.
4
South
aa
94
98
"
100
1st pref
"
100
8d pref
450
50
ft'nnant'n Pass(Phll)
48
50
Hestonv M 4 T "
74
60
Pref
"
100
Inds Street
80
Ft8 4M..(Bost)100 17
70
80
"
100
Pref
68
50
Sohuylk.(Phll)
Little
Maine Central. (Bost) 100 160
08
Mlneblll A BH.(Phll) 00
00
53*
Hesquehon'g V. "
"
108
50
Penn....
North
83* 23
Pare Marqn'te.(Bost)100
60
"
100
Pref.
Phil Germ & N.(Phll) 60 101*
"
8
. .
Bys Co General!
9
Seaboard w.i. (Bait) ....
84* 81*
....
Pref w. 1.
United N J.... (PhU)lOO 371
80
UnPow4 Trans "
00
United Tr of P. "
"
00
Pref
West End pref. (Bost) 00 112* 113*
West Jer 4SS.(Phil) 50 60
50
WestNY4Pa. "
10
Wis Cent, new. (Bost) 100 "l8
84
88
"
100
Pref
Wor Nash 4 R. " 100 188 130
"
Pref
Conn 4 Passum
Oonn River....
"
no iale wa made.
Bid.
"
'•
Sales in 1900.
Lowest.
11 187
....100
....100
....100
....100
Miscellaneous Stocks.
88* Amalgamated Copper!
(Boston) .... 100
88
26
78*
1* 1*
P*
IS
07
74
36
319
1-lfl
IS*
•78
65
60
8
37* 27*
10-16
94
*
300
8
••
•48* 48*
48
48
•82
65
63
,
Bid and Mkedprloes
4
Preferred.
Did Colony
63* 64
99* 100
88* 88*
36
71
'2"4
! 740 740 •737 745
16* 16* 16* 16* 18* 16* 16* 16*
•55
•58
•56
57
56*
57
43
40
40
41* 41* •10
4 * 4'*
•96
97
97
98
97
96
96
96
85* 35* 35* 34* 34* 31* 34*
35
63* 52* 03
53* 02*
63* 63* 53
9
9
8* 9
8* 8*
97 97* 97* 97* •37 97* •97 97*
123* 184
123* 123*
133* 123* 134 134
18
18
18
18
18
18* 18* 13
8* 394
8* 2*
3* 8*
2* 2*
112* 113* i:3* 113* 112* 112* 113 113
18
18*
18
18* 19* 17
18* 19
741
•46* 48
•
•68
61
•70*
•71* 72
119* 120* 119* 120* 119* i'3'6"
ii9* 130
117 117
116* lie* 111* 114* 115 115
143 143* 143* 143
148 143
148
143
10
10
0* 10
8* 9*
•10* 10*
319 319* 319 819
319 330
319 820
738
"
"
,
137
*
•
4 Maine.
Boston
Range of
883 {8
loS 238
88< t95
35* 25* •2i* 25* •21* 2'* viassachusetts Elect. Cos. T.(Boston)...,100
78
Preferred!
76
76* 76* 7tJ* 78
....100
....100
11* 11* 11* 11* •U* 1'* Mexican Central
•86*
37
Northern Central....,
(Bait.) .... 00
88* 86*
•01* 81* Northern Paclflo
.100
52* 52* •51* 62
,
, (Phlla.)
80 4
94
314
'188* 190
190
125* 131* 125* 121* 125* Chio. Burl. A Qulnoy
140 •189* ll f * 140 140 Chic Juno. 4 On. Stock Yds.
64* 64* 'ei* 64* 64* 64* 83*
9W* 99* *<*W*
99* 9E* 99* 100
lOu
8* 8*
8*
8* 8*
8* 8*
8*
38* 38* 38
38* 87*
88 37 15-16 8*
•19* 13* •13* 13* •13
18* •13* 14
57* 67* 67* 57* 67* 57* 57* 07*
74* 74* 71* 74* 74* 74* 74* 74
88* 86* 86* 36* 36* 83* 86* •38*
16*
16* 18* 16* 16* 16*
94
H8*
•344
64*
88* 88* 88* 88*
88* 89
•35
25* 38
28
•85
36
77* 77* 76* 76* •77* 78*
1* 1*
1* 1*
1* 1*
• •••
«•••• 348
unlisted.
Railroad Stock*.
33* American Railways !
(Phlla.) .... 50
243 Boston 4 Albany
(Boston).... 100
148* Boston Elevated, full paid..
"
....100
314
Boston 4 Lowell
"
....100
•38
'245
148* 148*
f Indicates
14
Sept.
13.
Sept.
k
•444
345
•244
12
32*
32
148* 148* 148*148* 149
Friday,
Wednesday Thursday,
Tuesday,
Sept. 11
of the
Week.
Shares
110
114*
t
•Prloe includes overdue eoapo
.
—
.
September
8
1
1
1
THE CHRONICLE.
15. 1900.]
Itxtrjestmjetxt
atxtf
539
Railroad QnUllxQmtz.
RAILROAD EARNINGS.
The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns
oan be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last two
oolumns the earnings for the period from January 1 to and including sach latest week or month.
The returns of the street railways are brought together separately on a subsequent page.
Latest Gross Earnings.
ROADS.
Week or Mo
June
Ala. Gt. South.. lstwk Sept
Ala. Midland... June
Ala.N.O.ATex. Pao. Juno.
N.O.AN.E... 4thwk Aug
Adirondack
Ala.AVicksb.
Vioks.8h.AP.
Allegheny VaL.
Ann Arbor
An.Was.ABal..
Ark. Midland...
Atoh.T.AS.Fe.
Atlanta A Char.
Atl. Knox. & No
4th wk Aug
4th wk Aug
July
lstwk Sept
Previous
Our rent
Previous
Tear.
Year.
Year.
3,355
38,149
79,629
89.666
1,347,070
481,94b
91,197
1,262,018
400,507
59,000
26,700
25,000
298,335
27,419
59.000
25.000
1,240,421
1,065,447
477,243
408,562
1,935,087
453,110
413,514
June
7,399
3.697.051
June
August
164,190
AtlantaAW.P. July
At.Vald'staAW August
49,991
17,536
12.830
11,983
Bait.
& Ohio..? August
5
B.AO. Sou'w.
Bang'rAAro's's July
BathAHain'nde June
Bellefonte Oen. August
Brunsw'kAWst June
Buff. R'oh.A Pitt stwk Sept
l
Buffalo
A Susq.
July
Bur.C.Rap.AN. 4th wk Aug
stwk Sept
Canadian Pao.
Cent, of Georgia lstwk Se it
l
Central N. E....
Central of N. J.
Central Paoifle.
Charlest'nASav
July
July
July
June
Chattan'ga So. lstwk Sept
Chee. &Ohio.... stwk Sept
I
&
Alton.. July
Chlo.
Chic. Bur. AQ. July
46.4 5
ft
23 000
306,73 t
30,260
4,832
1,125,769
28.548
48,925
7,485
3,242.426 26.400,931
171,470 1,192,29
283,860
37,416
390,551
45,687
12,45t
140,015
62,779
11,004
11,410
77,010
23,877,833
916,112
803*004
i
i
AW
1
,
GreatNorth'n—
8t. P. M. A M. August.
East of Minn August.
Montana ('en August.
Tot. system. August.
G'lfB'nintAK.C May....
Hooking Valley stwk Sept
Hons.&Tex.Cen July
Illinois Central. August.
i
Ind.Deo. &We8t
& Iowa.
May
—
May....
U.AGt.N'rth'1) lstwk Sept
tlnteroo. (Mex.) w*Aug.<s5
Ind.
111.
Iowa Central.
IstwkSept
Iron Railway. August..
Kanaw'a<fcM!ch stwk Sept
K.C.F.8o'ttAM. IstwkSept
1
K.G.Mem. & Blr
Kan. C.N. W..
Kan. City A Om
Lehigh A Hud.
Lehigh Val. RR.
IstwkSept
August
4thwkMay
August
July
Leh. V. Coal Co July
Lex'gton<fe East July
Long IslandRR. August
Long Is. System August
Los Aug. Term.. August
1,750,896
1,064,206
19,0 9
60 9 48
22,668,294
1,053.445
252.4(9
343,362
67,193
53.094
69,9 13
3.744,578 3,503,438 28,570,523
726,071
107,901
82,28
10.M30
1,659
1,630
29,070
2,784
3,075
341.249
59,389
65,273
104,340
95 595 3,802,335
44 070
837,752
55,290
161,855 164.660 3,021,852
594.0. 'C
579 0O< 19.b01 968
135,624
110,243 4,069.290
372.186
60,150
58.42f
1,309,234 1,312,33b 8,698,825
1,746.111 1,580,443
407,306
49,452
64,394
69,266
1,955
1,68
271,605
268,675 9,309,675
751,596 543.705
3.907,29? 3,810,278 25.931,040
116,924 107,289 3,449,790
153,487
143,863 4.541683
75,929
77,< 0.
2,763,766
774,108 861,554 26,887,46
3,581,564 3,692,275 23,647.612
ast.IIl. lstwk Sept
Ohlo.A East
Chlo. Gt. West'u lstwk Sept
Chlc.Ind.AL... stwk Sept
Chlo.Mil.ASt.P
stwk Sept
Chlo.A N'thw'n. July
Ohio.Peo.&8t.L
August.
117,864
120,597
St.L.C.ASt.P [
2,298,928 2,000.70
Chlo. R'k LAP July
Chlo.St.P.M.AO luly
733,425
875 196
Chlc.Ter.Tr.RR 4th wk Aug
34,7«j0
31,072
Choo.Ok.&Guli tthwk Aug *93,968
*38,835
Cin.N.O.AT.P stwk Sept
85,052
86,153
Cin.Ports.AVir August...
37,829
3>,263
Cl.O.Oh.ASt.L lstwk Sept 334,703 361,0 4
stwk Sept
Peo. A East'n
37,464
47.054
Cl.Lor. A vVheei. lstwk Sept
35,041
37,112
Col. Midland... July
174,177
147,811
Colorado A 8o. July
391,034 295,34'
Col.New.ALan July
11,761
10,318
Col.Sand'yAH lstwk Sept
20,458
20,92
Cornwall ALeb July...
2*, 058
23,549
CumbTdValle} July
83,011
75,223
Denv.ARloGr. lstwk Sept 238,500 195,7i«
Denver&So'w'c lune
198,999
172,790
Det.AMaokinac July
88.742
61,6>)
DuluthS.S.AAtl lstwk Sept
49,746
47,872
E. St. L. A Car.. August...
lJ,694
13,380
ElglnJol.AEasi August...
154,130 150,626
July
Brie
3,215,008 3,302,533
Ev'ns.AInd"pli6 lstwk Sept
7,316
7,761
Evansv. A T. H IstwkSept
25,831
28.920
Find. Ft. W.
August
11,375
13,465
Ft. W. A Den. C. July...,
143,033 114,332
Ft.W.ARioGr. lstwk Sf-pt
8,455
5 836
GadB. AAtt.U.. August
1,432
1,311
Georgia RR
letwk Sept
31.932
27,6
Georgia A Ala. lune.
93.236
88,519
Geo. So. & Fla. August
88,309
88,38
GtlaVal.G.AN. July
36,049
3^,528
Gr.Tr nk8yst*ni istwkSept 531,806 525,505
Det.GH.&M 3d wk Aug
23,077
25,350
l
ROADS.
14,927
38,197
76,894
J
Latest Gross Earnings.
Latest Date.
Year.
4 577
Austin AN'west May
Bait. & Lehigh. July
to
Current
May
July
Jan. 1
569.105
10,907
19,168
310.545
2,570.^25
407,78
2,99 «.03"
18,127.024
3.587,034
398,276
8,083,79o
<
395,222
51,936
8,176,269
645,476
781,824
228,5 56
15,307,342
596,439
1,862,996 1,853,926 14,105,457
372,772 263 682 2,399,22i
177,787 180,20fc 1,2-4,231
2,413,555 2,297,814 17,778.90
109.473
22,571
25,675
85,003
79.731 3,066,934
261,605 212,82b
2,805,913 2,617,275 21,673,806
272,31b
67,782
46,836
496,906
99,535
86,102
2,372.016
80,213
79,91
65,600
88,310 2,631,000
44,927
48,647
45,782
4,648
6,366
553,408
13,737
12,399
100 349 3,825,724
105,651
26,092 1,143 062
28,109
246,981
33,542
33,532
6.252
97,350
7,855
818.9.9
40,662
40.955
2.030,106 2.339,894 14,152.370
1,704,216 1,576,910 10,220,4-1
199,265
28,848
23.138
553,25-t 3,086,139
566,561
646,972 626,900 3,281.092
106,982
20,311
15,158
I
Minne'p. ASt.L stwk 8epl
M. St. P. AS. St. M IstwkSept
l
Mo. Kan. & Tex IstwkSept
Mo.Pao.AIr"nM IstwkSept
Central Br'oh lstwk Sept
lstwk Sepi
Total
Mob.Jao.AK.C
Wk
Sept.
N.Y.Susq.AW July
Norfolk & West
North'n Centra
North'n Paoifle
Ohio River
Ohio Southern.
Pao. Coast Co..
PaolfloMail....
1
July
12,568.794
1,643,668
1,262.962
15,475.424
113.223
2,165,958
18,714,000
221,569
426,121
2,420,246
2,58 ,340
.
39,370
431,505
3,310025
965,225
211,041
92,586
324,280
12,716.164
9,534,610
136.820
3.030.199
3,25 2,402
80,373
Am
June
iuly
July
4
Ch.AY'ny
Pitts.
AWe
Sha.ANo
A Read.
Coal & Ir. Co.
Tot.both Co's
Rioh.Fr'ksbAP
Rio Grande Jot
Rio Grande So.
Rio Gr'de West
Phil.
A Gr. I
49,911
525.87v
273.874
6,790,09?
265,18
23.161
519,08;
941.77^
1.466 38f
lstwk Sep
June
June
April
Pitts.AWest'n. <dwk July
Pitts. Cl.ATol 3d wk July
Pitts. Pa. A F 3dwkJuh
Total system istwkSept
Reading Co.—
300,43<
598,515
ithwk
<Jlli263i
lstwk Sept
39.526
Pennsylvania^ Jmy
Pere Marquett* ithwk Aug
Peo. Deo. A E\ tthwk Jul j
Pitts.Bes.AL.E
122,489
578,57;
4,20
j,l 12,06;
96,934
185,765
stwk Sept
Pltts.Lisb
60i, OoO
33,00(
645,001
2,50(
22,191.650
240.064
938,30^
72,979
839,727
301,982
6.694
1,035.594
583,820
648,471
248.654
14,466,521
7,52t
10,178
285,783
409,04/
144,760
56,240
80,200
13,197
68,521
65,632
93,012
261,63.
612,00(
e469,30(
Pitt.
969,589
17,39";
499,675
b
A Ohio.
68.165
18,25b
4,8u9
43.87S
35,201
20,00
10,110
69,030
147,88.^
•
St.L.Ken'etAS<
-Jt.L.Van.AT.H
S.FePres.APh
4th wk
..
Aug
June
8her.8hrev.&8( Ithwk Aug
Sil. Sprs. O. & G. June
So. C.&Ga.Ext August
Sav.Fla. (feWest
AE
A Ark
So. Haven
So. Miss.
July
August
So.PaoifloCo.6 July
Cent. Paoifle July
Gal.Har.&S.A July
Year.
36,607 1,334,835
417,33>17,53;
506,155 18,540,162
4,511
55,312
85.09!8,367
261,301 11.893.458
393,90b 3,081,068
5,457,24"
122,17,
260.427
66,58t
88,600 3,025.50(
14,12'
553,58c
48,013
1,878.361
64,74
109.244 3,172.534
258,741 7.853,260
542.001 19.611,032
2*8.00
910,51b
570,O0< 20,521,550
1,985
88,586
e490,20i (3,843,494
935,573
120,690
523,529 4,367,110
16,970
1.9 lb
4,905,211 35,723,396
88.13) 3,351,337
221,970
247,721 9,996,97
614,115 4.398.40S
965,56. dl941730f
941,51.
35,321
46,79^
402,954
460.00
2,978.782
298,793 2,216,694
3.081,69 47,611,40r
229,874 5,263,739
524.544
25,611
499,85
3,153 590
897.47b 6,380,88^
1.502,17) 10 849.899
55,413 1,549,488
94,792
18,81c
29,003
4,08b
179,692
38',386
1,197,707
21,10s
698,04b
266,591
10,66
2,714,342
69.: 24
42.609
752,856
9.28'
850C
fc4,n3'
167,55ft
172,910
168.59)
121,44c
154,461
136,50
97,082
177,63t
110,73
137.93^
100947
23,461
416,063
14,387
20,617
20,84t
6,43
July
173 56.
So.Pao.ofOal July
1,466,041
8o.P'o.ofAriz. July
274.662
8o.Pao.ofN..vl July
147,831
Southern Ry.... stwk Sept 600,171
StonyCl.AC.Mt June
3,408
TerreH.&Ind. August
140,846
TerreH.APeor. August
42,212
Texas Central. thwkAug
8,829
Texas <fe Pacific IstwkSept 135.930
Tex.S.V.A N.W. August
9,600
Tol.&OhioCent. stw k Sept
46.392
Tol.P.AWest... IstwkSept
23,99
Tol.StL.AK.C. 3d wk July
37.225
Union Pao. RR.. July
2.166,068
Oreg.RR.& N. July
626.6-17
Oreg.Sh.Line July
783,459
Total
luly
3,576,214
Wabash
lstwk Sept 339,524
W.J'rseyASea'e J»ly
465,581
W.V.Cen.APitt. May
133,714
Weeternof Ala.. July
51,990
West.N.Y.APa. 4thwkJuly 114,100
Wheel. & L. E.
56,859
Clev.C.ASo lstwk Sept
Wlsoonsin Cent. IstwkSept 109,095
Wrightsv.ATn. July
11,373
YazooAMias. V, August.
332,318
York Southern. July
7,564
i
•
21,94i.
375.04t
9,040
28,3 it
18.640
1,254296
5,5<s6,72*
3,745,297
625,891
722.310
629,576
666,655
2,409,892
23tJ,872
142,929
167.971
26.954
5,5m
116,46b
12,675
16,531
5,3^3,453 4,948,489 35,331,311
1,746,111 1,580,443
Tex.AN.Orl. July
& Mex
Previous
Year.
35.755
486,774
107,485
449.229
17,710
West luly
Morgan'sL&T July
LoulB'a.
N. Y.T.
Current
1,151,292
380,989
16,836,070
89,817
60,622
10,285,054
2,669,700
4,730.482
355,059
2,976,000
498,973
1.803,907
2,798,248
7,314,129
17,822,041
801,119
18,623,160
49,854
3,247,171
859,150
3,904.898
10,709
33,059,485
3,215,042
e
8,249,245
3.762,309
16,781,026
744,400
346,224
2,808,855
2,1 1 4,096
19,230.606
4,693,781
464,332
2,670,993
5,892,489
9,618,431
1.146,313
81,821
22,854
1,042,395
541,396
223,389
2,297,189
2,329,242 1.899,702 1.0,699,751 8,989,929
i, 817,80
l.449,57(
8,916,95b 9,087,149
1,147,04: 3,349.272 i.9,616,709 18,077,078
6i8,848
fuly
658,323
84,495
76.149
June
243.139
174,900
50.996
38.603
IstwkSept
312,189
356,719
10,50b
9,074
lstwk Sep
54,40t
3,134 8 25 2,388,570
73,200
St.PaulADul.. May
San.Ant. AA.P May
danFran.AN.P August
Jos.
Latest Date,
May
May
May
thwkJuly
August
August ..
"t.L.ASanFran IstwkSept
St.L. South wesi IstwkSept
St.
Previous
Year.
to
9
39,912
August
Mont.AMex G'1 August
Nash.Oh. ASt.L August
Nevada Centra) June
N.Y.C.AH.R. 4UgU»t
N.Y.Ont.AW. lstwk Sepi
Mobile
2->,603,007
422,
1,5*7.95
10 7,639
92,873
1,296,026 1.168.40
21.154.22t 19.749.126
10,031
1,104,618
Maoon A Birm. August...
August
Manlstique
Mexican Cent. IstwkSept
MexioanInter"l. July
(Mex. National. IstwkSept
Mex. Northern. May
(Mexican Ry... Wk Aug.25
3d wk Aug
Mexican So
Midland Term'l June
luly
Phila.
Erie..
Phil. Wilm.AB July
uly
"itts.C.C. ASt.L
565,919
1.790.S99
222,4/8
913,8-9
67.003
871.42
291.2J8
LouiB.Ev.ASkL IstwkSept
Lou. H. A St. L.. I th wk Aug
Louis. ANashv. lstwk 8ept
23,927.509
3.158,926
4.113.858
2,47«,7 8
13,293.66 11,602,756
5,235,147 5,47 1,06*
852,227
821,840
*1.6 9,631 * 1,048,702
3,441.572 3,13-2,504
24 5,822
202,974
11,278, i2* 9.917,537
1.574,247 1,315,294
1,471,085 1,196,-62
1.281,259
931,831
2,434,913 2,099,*4e
89,542
101,300
752,084
528,6 5
175,945
131,381
48»\016
549,918
7,137,578 6,131.421
1,248,41*3
rrem
Week or Mo Ou
Year
Jan. 1
740,305
61,439
1,167,077
4,935,f58
3,628,011
637,279
662,037
611,079
589,534
1,940,343
202,168
161,536
144,899
21,528
78.287
32,520,013
458,2-58
95,850
483,469
19,502
145,767
1,407,692
244,486
150,358
575,373 31,070,185 18,847,613
4.H07
11,234
10.482
962,771
144,791 1,043,5»7
269,502
3il,245
41,145
216,427
174,860
6.416
132,531 5,415,471 5,077,334
64.980
42,668
7,00
39,216 1,704,886 1,284,137
668.964
738,619
24,805
965,729 1,038.170
42,036
1,850,223 12,697,893 11,146,407
586,455
674,268 4,942,079 4,279,132
3,110,946
332,557 11,008,277 10,063,550
412,781 l,f 66.733 1,637,033
515,639
592,667
116.004
371,438
416.372
48,14^
119,000 2,075,556 1,938,058
54,120 1,885,113 1,603,562
115,136
10,734
353,956
6,860
3,629 613
90,967
2,962,4 9
5u,33e
3,646,766
72,850
2,827.680
44,060
Figures from July 1 are for the railroad only. J Mexioan ourrenoy. § Covers results of lines dlreotly operated east of Pittsburg,
Inoludes Chesapeake A Ohio So'western, Ohio Valley and Chioago and Texas for both years.
o Does not include the Austin A Northwestern, the San Antonio A Aransas Pass or Hnnstou A Texas Central system.
« Rfl«nlts on Montgomery Division are Included in 1900, from Jan. 1 and in 1839 after July 1.
o Inoludes St. Paul A Duluth from July 1, 1900.
t
.
—
..
.
.
Latest Gross Earnings by Weeks.—The latest weekly earnings in the foregoing are separately summed up as follows:
For the first week of September our statement covers 57
loads and these show 3 "04 per cent increase in the aggregate over the same week last year.
week of
1900.
Sept.
~
•
Alabama Gt. Southern
38.197
27,419
104,240
594,000
135.624
1,955
271.605
116,924
153,487
75,729
774,108
.
.
Ann Arbor
Bnflaio Booh. A Flttsb'g.
Canadian Pacific
Central of Georgia
Chattanooga Southern
Ciepaoeafee & Ohio
Chicago A East. Illinois.
Chic. Great Western.
Chlo.Indian'lis A Louisv
Chicago Milw. * St. Pan
. .
Cln. N. Oris. A Tex. Pao.
St. L.
Clev. Cln. Ohio.
85052
A
Peoria
314.703
37,464
35,041
20,458
238,500
49,746
7,316
& Eastern
Clev- Lorain
* Wbeel'g
Sandusky A Hooking
DenveT A Bio Grande..
Col.
Dnlnth 8o. Shore A At..
Brans?. A Indianapolis.
XvanBT. A Terre Haute,
ft. Worth A Hlo Grande
Georgia
•rand Trunk
25,831
8,465
31,962
531,806
85,003
80,213
44.927
13,737
105.651
28.109
39,912
499,575
285,783
144,760
65,*32
93,012
261,635
612,000
33,000
)
AM
Det. Gd. H.
Booking Valley
latern'l A Gt. North'n
Iowa
5
.
Central............
Kanawha A
Michigan...
Kan. City Ft. 8. AMem.
San. O. Mem. A Birm.
Louie v. Evansv. A St. L.
.
Louisville
A
Nashville
Mexican Central
Mexican National...
..
...
Minneapolis A St. Louis
Minn. St. P. AS. Ste. M..
Mo. Kansas A Texas
Mo. Paolflo A Iron Mt...
Central Braneh
..
A K. City..
H. 1 Ontario A Western
orf o)b A Western
Ohio River
Pittsb. Bees. A L. Erie..
Pittsburg A Western...
Mob. Jackson
2.50J
96,934
300,430
39,526
68,165
.
69,03<
Bio Grande Southern...
Bio Grande Western...
Bt. Louis A San Fran....
t. Louis Southwestern.
Southern Bailway
1899.
Increase.
9
38,149
30,260
95,595
579,000
110.243
48
*2,841
8,645
15,000
25.381
1,681
274
263.676
107,289
143.86S
77.602
861,554
86.153
361,014
47,054
37,112
20,927
195,700
47,872
2,930
9,635
9,624
1,673
87,446
1.101
26,311
9,590
2,071
469
42,800
1,874
445
7,761
28,920
5,836
27.618
3,0b9
2,619
4,344
525,505
79,731
79,915
48,647
12,399
100,349
26,092
6,301
5,272
298
3,720
"j",338
5,30-'
2,017
36,ti07
3,305
"6,580
506,155
261,300
122,171
64,746
109,244
258,741
542,000
28.000
24.483
22,589
886
16.232
"2,894
70,000
5,000
Wabash
"6",967
56,859
109.095
54,120
2,739
Wisconsin Central....
115,136
8,353.403
8,107,126
Paolflo....
Wheeling A Lake Erie.
Clever d Canton A So
"i',435
54,400
168 591
121,448
675,373
18.800
9,045
Tear.
Tear.
Tear.
9
322,968
88,742
565,919
*
8
340,326
61.641
422,205
101.316
32,813
184,577
136,908
21,840
162.852
52,230
13.089
96,082
15.751
105,747
75,468
36,762
10.693
77,851
12,601
86,730
62,900
19,739
3.684
32,731
7,471
47,442
33,258
15.703
2.833
28,872
3,323
37.192
25.169
Apr. 1 to June 30...
81,429
Jan. 1 to June 30....
149,207
Pacific Coast Co. a. July
526.872
Jan. 1 to July 31
2,978,782
79,423
143,926
460,008
25,517
36,798
139,f02
694.279
18,947
30,737
150,467
714,252
t91.400
569.588
1 280,754
122,278
810.240
168.715
734,634
35,095
211,868
1,447
Roads.
Ohio. Ind.ALouis. a. July
Detroit A Maok'c.july
Jan. lto July 31....
Gas A Eleotiic Co. of
Bergen Countv.a—
June 1 to Aug. 31
Lowell Eleo. Lt. Co. July
Jan. lto July 31
Mexioan Telephone. July
Jan. 1 to July 31....
Mar. lto July 31....
New Jersey ANew York-
r
2,808,855
1 19.217
298,793
273,874
488,405
2,216,694 2,114,096
896,080
tl70,267
886,736
Pere Marquette. a. July
132,780
597,640
670 088
Jan. lto July 31
953,653
4,513,933 4,033,652
Phila. A Erie.b
499,852
205,779
July
519,082
Jan. 1 to July 31
3,153,590 2.670,993 1,041,627
Bioh. Fred. A Pot.. July
76,149
36,326
84,495
Jan. 1 to July 31
260,573
558.323
628,848
South. Mo. A Ark.. Aug.
12,673
7.730
16,531
Jan. 1 to Aug. 31
78,287
46,678
116,468
Southern Paolflo. b. July 5,353,453 4.948,489 1,992 989 1,756,323
Jan. 1 to July 31.... 35,331,311 32,520,013 11,480 661 11,050,865
Central Paoittc.b. July 1,746,111 1,580,443
780,165
692,479
Gal.Har.ASanA.bJuly
458,288
63,064
486,774
80,322
Louisiana West. b. July
29,096
107,485
95,850
27,208
M'g'n'sLa.ATex.bJuly
449,229
483,469
77.888
118,959
». Y.Tex. A M.b. July
19,502
4.850
17,710
2,886
Texas A N. Orl.b. July
145,767
53,378
173,563
54,548
626,954
8o. Pac. of Cal.b.July 1,466,041 1,407,»:92
530,190
244,486
129.535
Qo. Pao. of Ariz.b. July
274,662
76,473
So. Pao. of N. M.b. July
150,358
84,191
147,839
84,702
a deficit in July, 1900. of $9,898, against a surplus of $62,285 in 1899,
1 to July 31, 1900, there wjb a surp us of $92,912,
against $143,409 in 1899. The reserve fund for depredation and
general and extraordinary repairs of steamers has been Increased
to the standard of the English companies, i. e„ five per oent upon the
value of the steamers.
10,711
{
Includes Baltimore
&
Ohio Southwestern.
24,79*8
—
3,399
7,176
"*'8ii
6,041
426,202
246.277
Interest Charges and Surplus. The following roads, in
addition to their gross and net earnings given in the foregoing, also report charges for interest, &c, with the surplus
above or deficit below those charges.
-
179,925
For the fourth week of August our final statement covers
70 roads, and shows 6*28 per cent increase in the aggregate
over the same week last year.
4/ h
week
o;
August.
1900.
1899.
•
9
Increase.
804,295
14,744,171 13,876,202
1,086,028
Total (70 roads)
16
26
.
Decrease.
9
9
Previously rep'd<50 r'ds) 11,068,564 10.431,826
Ala. N. O. A Tex. Pac—
NewOrl. A No. East...
59,000
59,000
26,700
25,000
Pao
25.000
23,000
Viohs. 8h. &
Georgia.
..
152,075
Central of
170,346
Tex.
Pacific
155,952
172,940
On. N. O. A
505,246
455,204
CHev. Cln. Chic A St. L.
Eastern
Peoria A
60,881
69,470
Col. Sandusky A Hook'g
26,751
28,133
700,763
689,268
Gr.Hav.
Milw.
A
Det.
\
65,600
88,340
169,626
170,618
Kan. City Ft. S. A Mem..
39,225
33,896
Kan. City Mem. A Birm.
80,200
88,600
Northern Paotfio. ........ 1,112,633
965,562
265,187
229,874
Bio Grande Western....
166,300
161,000
23,461
21,940
Santa Fe Pres. A Phoenix.
14,387
Sherman Shreve. A So...
9.040
8,329
6,416
Ret Increase
167.557
.
1.700
2,000
18,271
16,988
|ppl
50.042
1,411
• ••»•
•>»,
1,382
>
Roads.
•
•
Aug. t3,744,578 13.^03,438
Bait. & Ohlo.b
Jan. 1 to Aug. 81... Jab570523 123877833
7.288,083 :6,»04,273
July 1 to Aug- 31... 17
Central Pacific. b
.
.
.July
1,746,111
1.580,443
Tear.
Tear.
9
110,293
765,019
9
K9,?07
753,891
147,071
35,313
5,300
1,521
5,347
1,913
Latest Gross Earnings.
Gross
Earnings.
Week or Mo
Ry. .. April
Power. June
St.
Atlanta Ry. A
Ballston Terminal... May
Bingham ton St. Ry.. July
Chicago A Mil. Eleo.. July
Chicago Union Trad. August
—
Net Earnings.
Ourrent Previous
Tear.
Tear.
it
{1.824.053 11,319,489
J9.327.458 t6,23<>,252
U,*87,068 $2,474.76*
780,165
692,479
,
1
9
12.471
56,349
Our'nt Prev'us
Jan. 1
to Latest
Ourrent
Tear.
Tear.
44 928
4.295
44,396
18,7'0
242,179
2,906
19,875
18,378
19,081
6,653
Tear.
Date.
Previous
Tear.
9
Amsterdam
218,059
9
22.487
188,634
—
8,400
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these columns, and the latest statement of
this kind will be found in the Chronicle of August 18, 1900.
The next will appear in the issue of September 22, 1900.
—
Previous
Tear.
The following table shows the gross earnings for the latest
from whioh 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 suoh
latest week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
992
Net Earnings Monthly to Latest Dates.—The table following shows the gross and net earnings of Steam railroads
Gross Earnings.
Current Previous
Tear.
tear.
Ourrent
Tear.
period of all street railways
329
867,969
—
r-Bal. of Net Earn' s.—
Previous
STREET RAILWAYS AND TRACTION COMPANIES.
22,740
»*»•
.
Ourrent
Roads.
Pere Marquette -July
Jan. 1 to July 31....
11,515
p. o.i..
.
S
Pacific Mail
July
Jan. 1 to July 31
May 1 to July 31
Int., rentals, etc.
Total (57 roads)
Met Increase (3 04
Tear.
and from May
794
9.074
— — Net Earnings.—,
Ourrent Previous
Gross Earnings.
Ourrent Previous
.
b Net earnings here given are before deducting taxes.
t After deducting "reserve fund for repairs of steamers" there was
8,803
52,709
4,205
12,752
247,721
85,321
55,413
69,824
fVoL. LXXI.
a Net earnings here given are after deducting taxes.
515
1,985
88,131
132,531
39,216
24.805
332,557
A
Toledo A Ohio Central..
Toledo Peoria A West'n.
Decrease.
9
10,509
73.200
177,636
110,737
600,171
135,930
46,392
23,994
339,524
Texas
.
THE CHRONICLE.
540
1st
—
»
Cln.
Newp. ACov....
City Eleo. (Rome.Ga.)
Cleveland Electric.
Cleve. Palnsv. A E...
Col. Sp'gs Rap.Trans.
Columbus (O.) Ry....
Consol. Trao. (Pitts.)
Dart.AWport8t.Ry.
Denver City Tram..
.
July
Duluth St. Ry
Easton Consol. Eleo.
ipy
May
Galveston City
June
Grand Rapids Ry
Harrisburg Traction. July
Herkimer Mohawk II
lonAFkfortEl.Ry. June..
Internat'l Traction—
(Buffalo)
17,404
213,218
9T,878
71.5b5
26,140
t>82,816 672.050 4.864,995 4,763,592
July
72,701 68,704
434,962 394,296
July
3,447
2,848
22,650
16,418
July
tl78 645 t95.857 1,143,164
920,340
16,605 14,531
July
66,164
74,853
June
20, L02 14,918
80,530
60,811
88,614
July
661,290
254,97a
July
229,142
13.505 13,468
July
52.666
56,737
July
119,910 113,771
722,300 683,408
Istwk Sept 36,453 29,794 1,054.610 919.216
IstwkSopt 11,860
9,34b 872,680 295,504
Detroit Citi'ns'St.Ry.
Detroit Eleo. RyDetroit Ft. Wayue
lstwk Sept
A Belle Isle.
lstwk Sept
Total of all
Det. Rooh. Ro. A L.O. July
.
4,465
July.
6,4»9
53,272
8,291
26,^13
27,413
18.646
48,885
35,938
4,177
i02",395
4.701
139,807
161,356
43,841 1,688,646 1,354,537
si'soi
29,411
123,299
44.241
84,551
158.178
146,695
85,142
238,270
195,805
207,689
174,786
8,404
25,944
20,964
241,657 234,633 1.462,870 1,352,701
J
'
—
September
J
15. ltKK).
THE CHRONICLE
I
Latest Gross Earning*.
Gross
Earnings.
Our'nt
Tear.
Week or Mo
North Attleboro....
66.802
102 8*2
350
14,590
9,440
4,yi3
11,046
4.740
5,352
9,336
11 $100
11468
Lehigh Traction
Lima Railway (Ohio)
4.621
London 8t. Ry.
By
11892
7,34ft
(Can.)
Lorain Bt Railway.. July
July
Lorain & Oleve
July
Mass. Eleo. Co.'s
Metro.(Elev.)Chioago August
Metrop.St. Ry.(N.Y.)
Montreal Street Ry.. July
Muscatine
St.
Ry
NewburgSt. Ry
New Castle Traotlon.
New London St. Ry..
New Orleans City....
54.958
82,529
37,705
26,748
59.445
22,445
37,80b
36,446
61,666
23.131
57,248
54",i98
53 820
51.407
626 000 588,000 2,901,682 2,605,426
.21.60" 105,509 1.042,642
1837386 119881. 7.108,431 6,526"686
171,332 154,048 1,010.399 949,646
5.334
4,874
8.997
9.828
40.808
36,383
20,859 21,681
82,978
77,135
10,493
8,734
32,011
30,977
109 404 108.123 439.451
434 929
42,992 36,649 231,835 200,136
8,080
7,8 14
28.866
26,582
2,719
2,993
11696
11,800
4 233
5,060
23,686
21,371
8
July
July
April
Northern Ohio Tract.
Norwalk Tramway ..
Ogdensbarg St. Ry.. July
Olean St. Ry
Omaha &Coun. Bluff
July
Ry. A Bridge
Philadelphia Comp'y July
Pottsv'e Union Trao. July
Richmond Traotlon.. July
25,722 22,596 128,098 109.093
124.870 131 671 1,565,333 l,078,4b2
17,005 15,505
79,655
70,643
20,9,9 19,151
118,050
96,9*3
Sacramento Electric
Uas& Ry
25,966 210,549 177,551
53,779 296.245 269,419
78 206 595,452 456,570
22,9 '2 21,846
30.202 27,*' 02 18*8,056 15T.467
18,154 18,869
67,176
67,016
138,927 123,283
949,666 839.975
249. "4 2 225,3ifO 1,575,641 1,376,745
141,139 125,104
29,207 24,505
Inc. 24 046
Inc. 156. 925
128,699 116,055 757,459 721,685
172 834 161,475 1,083.209 945 4^8
233,635 200,644 1,310,277 1,120.288
7,250 ........
8,473
37.519
8,512
36,317
July
30,387
•59,1 6
97,389
Soranton Railway...
Seattle Eleotrio Co... July
Southwest Mo. Elect.
Southern Ohio Tract. August
Btaten Island Eleo...
Toronto Ry.
Twin City Rap. Tran.
Union (N. Bedford)..
United P. & Transp..
United Traotlon—
Albany City
)
$
United Tract. (Pitts.)
United Tract. (Pro v.)
August
July
July
July
July
July
July
Winnebago Traotlon.
Worcester* Marl'b'h July
figures from
May
*
1 cover
Soranton Railway, Soranton
Soranton & Carbondale and Carbondale Railway.
t Strike In Cleveland in 1899.
*
&
Year.
>
—
Net Earnings.
Current Previous
21,371
m
2.663
10,514
Year.
8
1,043
8,890
25.722
128,098
17,389
595,452
30,202
188.056
22,596
109,093
78.206
456,570
27,002
151,467
16,608
65,995
27,612
141,^60
14.997
89,168
13,815
48,348
29,913
123,180
13,664
58,998
334,712
633,759
328,123
613,571
116,279
207,748
121,867
215.226
Roads.
B
Olean Street Ry.... June
Jan. 1 to June 30
5,060
23,686
Year.
9
4,233
Year,
Omaha &
Council Bluffs
July
Jan. 1 to July 31 ...
Seattle E'eo. Co.... July
Jan. 1 to July 31
South. Ohio Tract .Aug.
Jan. 1 to Aug. 31....
Unitf-dTrao. (Albany) b—
Apr. 1 to JuneoO....
Ry.& Bridge
Jan. lto June 30
...
Interest Charges and Surplus.—The following Street
railways, in addition to their gross and net earnings given in
the foregoing, also report charges for interest, &c, with the
surplus or deficit above or below those charges.
,
Int., rentals, etc.
Ourrent
Year.
Year.
9
9
Roads.
United Trac. (Albany)—
Apr. 1 to June aO...
*
—
59,209
»
Previous
67,061
Year.
9
*64,566
After allowing for other income reoeived.
Illinois Central Railroad.
(Report for the year ending June 30, 1900.
The annual report of the directors for the vear endiDg June
30, 1900, is given on pages 546 to 552, with balance sheet and
exhibits.
Comparative statistics of the operations and the income
account have been compiled for the Chronicle below:
Miles oper. June 30.
Equipment —
Locomotives
Passenger cars
Frelght.oars
Work oars
3,996
3,679
813
696
763
653
32,969
441
29/iOa
335
27,317,820
22,110,938
4,255,225
3,132,720
9,97r»,U2
1,292,413
3,594,051
2,712,978
8,376,914
1,051,941
19,562,262
8,552,428
18,655,470
8,662,350
68-29
15,735,884
6,375,054
71-16
1897-98.
1896-97.
Exp. of operation... .22,869,396
Income from trafflo.. 9,742,571
70*12
P. o. of exp.to earns.
Net Receipts—
9
Operation of railway 9,742,571
2,411,721
Interest, &o
Land
Total
763
651
28,388
331
1896-97.
3,130
703
575
23,065
170
Operations—
No. of pass, carried. 16,246,007 14,401,234 13,772,221 12,827,205
No. of pass.car. 1 m.305,643,549 268,589,994 263,336,693 212,5*86,073
Rateperpabs.p.mlle. 2 021 ots.
2ol4 cts. l-«38 ota. 1 979 cts.
Frel ht(tons)moved. 16.020,836 13,517,161 12,694,058
9,948,367
"
" one mlle.3425794698 2799941184 2722540585 2258388132
R * te per ton p.mlle. '650 ots. 0-688 ots. 0-695 ots. 0*671 ots
8,552,428
2,547,658
33,420
12,184,382
11,133,506
10,898,719
8,539,250
2.902,465
2,361,874
2,99^,545
2,139,660
981,646
506,020
793,453
533,406
3,189,972
1,648,905
581,193
340,627
2,812,500
2,625,000
501,452
829,000
396,000
2,625,000
00
50,000
10,861,516
37,203
8,535,697
3,553
to ins. fund..
For betterments
Airbrakes, &o
Bonds drawn
2,416,674
1,475,046
'50',od6
56,666
12,143,782
Total
B alance,
8
9
30,090
Disbursements—
Int. on 111. C. bonds. 2,775,92s
Rent of C. 8.L.&N.O. 2,421,090
627,568
Rental D. & 8. O. RR.
507,525
Rental 8t.L.A.& r.H.
45,000
Rent of Litobfl'dDiv.
Dlvid. on I. C. stock. 3,300.000
Added
1898-99.
8,662,350
2,177,064
59,305
Office
*40, 600
surplus
* The surplus dividend fund
dividends, was $1,046,227.
50,'
11,089,545
43,961
6,375,054
2.110,756
53,440
156,606
June 30, 1900, applicable
GENERAL BALANCE SHEET JUNE
to futuro
30.
19C0.
1899.
1898.
9
147,295,186
311,616
2,727,157
9
$
200,097,461
194,184,086
194,103,422
Capital stock outstanding
60,000.000
Leased line stock I.Cen.RR. Co. 10,000,000
Funded debt 111. Cen. RR Co. 104.639,925
Fund debtC.St.L &N.O.RR.C0. 16,234,000
Fund for automatic brabes.&o.
Louisville Division fund
700,313
Net liabilities
1,551.415
Set apart for Sept. dividend...
1,800,000
52,500,000
10,000,000
107,262,925
16,234,000
52,500,000
10,000,000
104,047,925
Assets—
146,2«4,236 145,044,506
Real estate
324,444
Material and supplies
1,714,074
1 ,863,406
Stocks owned
6,112,908
6,109,337
6,119,377
Bonds owned
36,2o9,8S9
34,615,230
89,114,468
Net assets
1,006,756
Advances account construot'n 5,149,857
2,0^2,090
Assets in insuranoe fund
1,214,621
1,092,294
1,000,000
Assets in surplus div. fund....
1,046,227
1,005,627
961,665
Total
Liabilities
Profit
and
—
00
396,000
1,728,280
2,910.960
1,214,621
1,046,227
1,500,^00
2.860,960
1.092,v91
1,005,627
.200,097,461
194,184,086
194,103,422
loss
Totil
16,234,<
2,647,057
2,193,315
1,312,500
2,810,960
1,000,000
961,665
Insurance fund
Surplus dividend fund
-V, 71, p. 492, 287.
Chesapeake & Ohio Railway.
(Report for year ending June
30, 1900.
The remarks of President Stevens at length, together with
the balance sheet and income account in detail, are published on pages 552 to 555.
The statistical tables for four years, compiled in the usual
complete form for the Chronicle, are given below:
OPERATIONS AND FISCAL RESULTS.
Miles oper. June 30.
1899-00.
1,476
1898-99.
1,445
1897-98.
1,360
1896-97.
1,360
375
221
355
212
355
212
355
212
Equipment—
Locomotives
Passenger oars
&c,
16,122
14,745
U7.270
13,808
OperationsPassengers carried. 2,536,529
2,211,531
1,925,502
1,798,122
Pass, oarried one m. 135,852,014 130,190,058 100.592,358 93,813,906
Rate per pass.perm. 1973 cts.
1-943 ots.
1-980 ots.
I860 ots.
Freight (tons)carr*d 9,746,840
8,» 30,661
7,806,914
6,491,297
Freight (tons) 1 m.. *2,946,894 *2,506,145 *2,513,221 '2,000,094
Rate per ton per m. 0-343 ots.
0*370 cts.
362 cts,
0419 ots.
oars....
Earning*—
$
Freight
Passenger
Mail
$
$
$
10,095,144
2,681,076
324,678
171,908
129,264
9,062,879
2,422/'53
322,957
153,410
48.541
9,262,998
1,954,864
321,958
133,884
114,853
8,389,374
1,857,898
266,634
113,325
80,952
13,402,070
12,009,839
11,788,557
10,708,183
of equlp't...
Conducting transp..
1.865.414
1,909,241
4,686,310
1.613,867
1,708,247
4,100,927
1,500,418
1,631,488
4,277,481
General expenses...
Taxes
245.820
380,853
1.440.451
1.507,215
3,774,644
*„. A(, n
ob4,46U
Total expenses.
Net earnings
9,037,639
4,314,432
67*7
Express
Miscellaneous
Total
1897-98.
3,808
6958
INCOME ACCOUNT.
1899-00.
Freight,
ANNUAL REPORTS.
OPERATIONS.
189900.
1898-99.
32,611,967 28,114,690
Operating expenses—
4,283,497
Mafnt. of way.&c... 5,568,697
3.195,937
Malnt. of equipment. 3,675,182
Transp. and misoel.. 12,133, 736 10,723,848
1,358,980
1,491,781
Taxes
19,251,314
3,453,808
trafflo
Year.
*56,813
1896-97.
Gross receipts from
Previous
9
1897-98.
4,214,461
15,162.019
2,734,458
<— Bal. of Net Earn's.-
Current
1898 99.
$
5.409^38
5,103,812
18,918,729
3,295,479
6,177,654
Passenger
22,280,420
Freight
Mail.exp. Amlsoel.. 4,153,893
Road and equipment
—
Gross Earnings.
Current Previous
1890 00.
$
Receipts —
Plttston,
Street Railway Net Earnings.— The following table gives
the returns of Street railway gross and net earnings received
this week. In reporting these net earnings for the street
railways, we adopt the same plan as that for the steam
roads that is, we print each week all the returns received
that wees, but once a month (on the third or the fourth
Saturday), we bring together all the roads furnishing returns, and the latest statement of this kind will be found
in the Chronicle of August 18, 1900. The next will appear
in the issue of September 22, 1900.
.
FISCAL RESULTS.
Previous
Year.
14315 12,365
Lebanon Val. St. Ry..
541
Latest Date.
to
8
9
16,973
9,285
5,814
Johnstown Pass. Ry.
Jan. 1
Prev'ut Current
Year.
Year.
9
Interstate Consol. of
Kingston City
J
.
Malnt. of
Malnt
way
,
P.
*
0.
exp. to earns..
235 022)
419,321
8,077,881
3,932,455
67*3
$
. mot)7
oiz.yn
7,982.307
3,806,250
67'7
7,286,769
3,421,414
68
Three ciphers (000) omitted, t Alio 1 passenger ste uner, 3 oar
3 ferry boats, 5 tugs, 8 barge*.}
floats,
J)
1
.
4
THE CHRONICLE.
542
INCOME ACCOUNT.
Net earnings
Other income
Total
$
$
$
4,314,432
148,371
3,932,455
100,157
3,806,250
83,628
3,42 ',41
4,462,803
4,032,612
3,889,878
3,500.740
Deduct—
Interest on bonds
3,230,144 3,133,097 3,148,772
X
Rentals
^Vn%
26',352
10,877
Loss on elevator.
102,244
35,243
60,081
Discount. exch.,&<3
Extraordinary expenses 348.696
24,314
15,996
Miscellaneous
1
3,233,638
f
J
129,196
3,362,834
137,906
From the accumulated surplus a dividend of one per cent t$60*,278) was t aid, and the balance at credit of inoome acoount June 30,
1900, was $1,060,342.-V. 71, p. 134.
*
New York Ontario & Western Railway.
(Report for the year ending June 30, 1900.
The remarks of Mr. Thomas P. Fowler, President, will be
found in full on pages 556 and 557.
The traffic and earnings statistics, etc., have been compiled
Chronicle
as follows:
OPERATIONS AND FISCAL RESULTS.
1899-00.
1898-99.
1897-98.
1896-97.
480
480
480
480
Miles operated
Operations —
1,064,441
1,213,291
Pass, oarried. No...
Pass, carried 1 mile. 44,174,570 40,561,436
1-748 cts.
Rate per pass, p. m... 1-783 cts.
2.935,416
3,416,606
Freight car'd (tons)
Freight (tom)l mile. 486,442,640 440,413,877
Rate *r ton p. mile 0-816 Cts. 0-786 ots.
Earnings —
i
Freight
Mai),exp.,rents, etc
Miscellaneous
0-87 a
4,963,483
Total
Operating ExpensesCouduct.transpor'n. 1,823,742
682,761
Maint'nceof equip.
637,747
Main of way. etc..
135,378
General expenses..
135,289
Taxes.......
~~
3,414,917
Total
1,548,566
Net earnings
68-80
P.O.exp.to earnings.
Total
Disbursements—
Interest on bonds
Inter- st and discount
$
Rentals
3,914,635
3,894,403
1,677,704
513,578
511,532
1,531,201
457,718
54«.0l7
133 047
134,249
1,544,816
469,754
553. 89
120,718
112,865
2,970,110
1,376,054
68 42
2,801.642
1,112,993
71-57
2,780 497
1,113,906
71-40
1896-97.
1897-98.
$
273,692
1,376,054
167,^19
1,112,993
86.746
1,113.906
82,800
1,822,258
1.543,973
1,199,739
l,196,7o6
617,480
625,207
46.349
615,000
1860s!
182,278
609.055
4 478
183.26J
857,607
686,366
797,278
402,461
796,796
399,910
GENERAL BALANCE SHEET JUNE
1900.
AggttS—
71,007,762
Franchises and property
Investments in other companies.. 7,169,567
Cash at bankers
0.924
124,b37
1-
$
963,233
859,024
Total...
Balance, surplus
63-!.659
4,346,164
153,4 1
192,282
..
on hand
Sundry accounts due company
Traffio aocountw due company
Loann and bills receivable
Accrued interest
Stores, luel. etc..
1898.
$
70.872,017
70,10 J ,773
7,406,it>7
3,450.3ii0
155,841
0,272
230,111
29-.261
525,407
8
Miscellaneous
1
16-1,915
7*8,262
502,894
869,747
9b,333
5,000
4b0,<88
914,245
k'oiS
5,000
Total
$91,091,587 $68,250,369 $62,100,182
Liabilities—
Capital stock
$44,960.9^0 $39. 9^8,5f>0 $30,000,000
21,750,000 21,750 000 21, 50,000
Bills payable
2.406,7 s6
1,150,000
8,756,736
4" I 274
Interest due and accrued
401,274
297,108
J
dividends and rentals accrued..
1,290,541
937.641
1,40 ,645
Open accounts
3 4,280
637,668
327,166
3d Av. RR., lessor, constr. acct.. 11,419,8 13
Profit and loss, surplus
1,805.650
2,019,919
1.638.267
Funded debt
Total
.$91,091,587 $68,230,369 $62,100,182
-V. 71, p. 492, 288.
Wheeling & Lake Erie Railroad.
(Report for year ended June 30, 1900. J
The report signed by Chairman Myron T. Herrick and
President Robert Blickensderfer Says in substance:
Lines Acauired —On May 1, 1899, the purchasing committee under
the plan of'reorganiz >tion delivered to the company that part of the
line now known a« the Toledo Division (248 m miles, being the old
Wheeling & Lake Erie Railway). On Aug. 15 the Cleveland Division
(173-7 miles), including the Cleveland Belt & Terminal RR., the llDe
from Cleveland to Coshocton, the Sherrodsville branch and the Canton & Waynesburg RR., was taken over, and on July , 1900. the Coshocton & Southern aiid the Zanesville terminal of the Cleveland canton & Southern (these aggregating 28-9 miles), having been acquired
by purchase, were added to the Cleveland Division. In addition to
tiiese properties, the company operates two short lines to coal
properties, known as the Canton & Wooster RR. and the Masslllon
RR.; also the Cbagrln Falls branch (8 miles) whion la being operated
under contract wit*! Its receiver.
Improvtments.— During the year a considerable sum of money has
been expended in Improving the property, more particularly in the
reduction of grades from Va'ley Junction to Navarre and from
Masslllon to Orrville; also in the ereotion of several new steel bridges
and the laying of 4,500 tons of new steel rail. In addition to these
and other improvements, 10 new consolidated freight locomotives,
250 box cars of 60 000 l ounds capacity, 800 gondolas of 50,000
pounds capacity, 6 passenger coaches, 3 combination passenger and
baggage cars and 3 parlor buffet oars were purchased in the early
part of the year 1900. A new freight station has been erected at*
Cleveland, and anumberofnew industries hi ve been located on the line
The company's dock at Huron has been put in good condition, and is
capable of loading coal rapi <!y by means of a Brown hoist The dock
has a storage capacity of 500 000 tons of ore. The Toledo Dook &
Coal Company's property at Toledo has been leased for a series of
years on favorable terms. Our dook property at Cleveland Is good
and capable of improvement. We probably have as good dook properties on the lake front as any of our eouapetitora.
Refunding.— The* exchange of consolidated 4 per cent bends for the
underlyine bonds is progressing satisfactorily, and already exchanges
have been made to an amount which reduces the company's fixed interest charge $28,520 per year.
Tee operations and balance sheet are shown below:
STATISTICS.
3,889,951 Passen. carried onem. 16,942,451
onemile.397,064,645 Passen. per rain (No.)
63-85
Do
Freight train miles...
1,116 900 Mileage of cars (includ.
355-51
Aver, train-load (tons)
mail and express)...
2,394,410
054 cts. Rev. per pass, permile.
Kev. per ton per mile..
2 -04 ots.
1-92
mile...
cts. Gross per ruileof road.
Rev. per train
$6,789
Passengers carried....
845,182 Net per mile of road..
81,945
Total tonnage (rev.) .
|
I
$
1,439,67
.
30.
|
30.
1899.
}?M?PJ
45l,5bd
GENERAL BALANCE SHEET JUNE
1899.
1900.
1898.
AssetsRoad and equipment
$35,682,168 $35,255,379 $33,951,792
Stocks & bonds of oth. corpor'ns. 21,*- 44,457 14,160,-72 1->,317,472
Due from leased lines acct. imp't 2,776,064
3,27«.064
1,500,799
Acorued interest
221,421
supplies on hand
'25*i",928
103,778
Open accounts, eto
327.484
267,467
258,728
Construction, eto
18.06°, 360 14,312,401
8,420,388
Cashonhand
737,065
12,489,276
2,399,080
i
OtB.
$
3,075,505
12,, 659
53,580
I,548.5f6
Interest, etc.
087 1
641,«79
3,090 280
122,774
59,902
INCOME ACCOUNT.
1898-99.
189900.
NrtXlBOT
cts.
3,46^,138
111,079
63,681
787.899
3,970,114
117,623
87,847
•
V:
$
709.266
$
Passenger
808.811
872,632
32.00~.644 30,8 7,936
2-072 ctB.
2-( OS cts.
2,4 92,056
2,479,'«!92
354.127,528 35: ,10 ,732
Vol. LX2I.
The results as above for the last two fiscal years were derived from operating the same amount of track, namely 217
miles, of which 113 miles are still operated with horses.
79,326
3,271,368
618,510
3,654,917 3,326.481
'807,886
706,130
Total
Surrlus...
1896-97.
1897-98.
1898-99.
189900.
$
for the
.
840 485
8,810
5.00O
17,500
Cars under lease (oar trusts)
1
.
'
1
Of the revenue freight
(3,889,951 toae), bituminou3 coal
furnished 44-10 per cent; coke, ores, stone, sand, etc., 20 38
per c<-n*;; manufactures, 18 77 per cent; products of agriculture, 6-86 per cent; lumber, 5-11 p. c; balance, miscellaneous.
RESULTS FOR FISCAL YEAR ENDING JUNE 30, 1900 (avg. 393*26 miles)*
Earnings—
Operating Expenses—
Freight (80-46 p. c)
O... .$2,148,293 Conducting trans'n ..$1,134,926
Passengers (12 97 p.c).
346, 2b8 Maintenance of equip..
360,2»&
Mail and express
53,961 Main, way & structures
306,944
121,497 General expenses
Other sources
102,837
!
81,728,093 80,841,575 75,648,91b
Total assets
I/iabilUies—
oo,iia,ys.j 58,113,983 58,113,983
Common stock
5,000
5,000
5,000
Preferred stock
------5,600,000
Consol. st mort. 5 p o. bonds....
15,437,000
15,437,000
bonds
8,375,000
Refunding 4 p. o.
213,247
211,167
154,513
Interest due andaooiued
40.. 925
467,304
269,603
Bundry accounts due by company.
117,576
125 636
77,19
Traffic accounts due by company.
137.448
140,4^1
124 9 4
Wages for month of mne
3,075,000
3,150,000
300 000
Loans and bills payable
,---•
17.500
Bal. under car trust agreements..
4,152,512
3,264,396
2,6i 1,173
Froiii and loss
i
•
81,728,093
Total liabilities
-V.71. p. 285, 288.
80,841,575
75.648,919
Metropolitan Street Railway (New York).
(Statement for the year ending June 30, 1900.
The results for the late fiscal year compare with previous
years as follows:
1898-99
1897-98.
1896-97.
$
*
14,721,550 13,158,630 10,730,474 8,88 J ,S03
7,104,607 6,408,711 6,bV;0,484 4,810,235
1899-C0.
Gross earningB
Operating expenses
Net earnings
Other income
Total net inoome.
Did' ct—
Intel ebt on bonds. . .
Taxes
.--•
7,616,943
351,985
6,749,919
306,893
5,109,990 4.078,568
345,546
5i5.fc03
7,968,9^8
7,116,812
5,455,536
4,608.768
4,477,757
470,000
3,609,966? 513,449
(2,171,801
4,608,768
4,477,757
3,t09,9o6
3.155,250
2,639,055
2,471,675
1,845,570
1,600,000
1,439,121
1,200,000
Rentals, eto
Total...
Balance, surplus
divld.
ndB
Dividends
for
„„„,„
3,860,160
8,145,891
4,594,371
(
Total
Total (71-3 p. o.)... $1,901,993
$2,670,024
Netearnlngs
$765,031
Inoome from investments ($26,899) and interest ($13,171).. 40,070
Total net inoome
Deductions—
Interest on bonds
Taxes
Interest and exchange
....$805,101
509.117
80.975
8,775
Total deductions
Balaiuce surplus forward
.$598,867
.$206,234
GENERAL BALANCE SHEET JUNE
Cost of road
$42,295. «13
Equipment owned
2,41 4, 038
leased
Do
In vest., stocks & bonds
Material and supplies,
Consol. 1st mort. 4s in
treasury for Improvements, eto
CaBh
Due from agents
Acoounts oolleotible..
Deposited to pay coupons
due
Insurance
Total
— V. 71, p. 493, 391.
—
$3,420,000
10,210.000
19,000,000
614,803
Common
stock
46-, '20
Funded
debt, Includ.
228,120
$1,000,000 cod sols
in treasury (oontra). 13,000 000
Equip, trust obliga'ns
541,039
Bills payable
474.885
Accounts payable
4=9.202
Pay-rolls
172,888
luterestdue on bonds.
47,150
Trallio balances
49,5 3
Sundry accounts
59,592
1,000.000
317,952
139,307
210,854
37,150
Adjust, interest in re-
funding
Cash on deposit to pay
interest accrued, not
30, 1900.
Liabilities
First pref. stock
Second pref. stock
terest on bonds aocrued. not due
Int. <>n bills payable..
Taxes a« crued. notdue
Ii
13.0C0
108,326
3,b71
$47,845,803
Equipment fund
Credit bal. June 30...
Total
151.642
2.712
47,016
3,620
206,653
$47,845,603
J
:
September
J
THE OHKONTOLE.
15, 1900. J
American Smelting & Refining Company.
(Report for year ended April 30, 1900.
The first annual report, covering the operations for the
year ended April 30, 1900, shows Earnings, $4,634,028 repairs and betterments, $415,089, general expens-s, interest
and taxes, $493,978 balance, net profits, $3,524,961, applied
as below
:
;
;
—
Net profits6 Months. 2«0~6 Months.
$2,296,018
$1,228,943
Dividends,
5 "64 p. c. on pref.
Total.
'ist
$1,545,053
$3,524,961
Surplust
Balance
$1,9:9,908
Of the $2,253,000 bonds of companies controlled, $l,< 05,000
have been paid since the end of the year, it having been announced they would be redeemed from surplus earnings.
—
Liabilities—
$
t32.POO.00O
stock
Preferred 7 p o stock. 1 32,500,000
Accounts and bills payable
4.764,489
$
Common
Real estate, plants, etc.48,994,499
11,773,923
Materials on hand
Acoo tints
receivable,
3,028,975
stocks and bonds
Treasury stock, com ... 5,100,000 Bonds outstanding
pref... 5,100,000 Surplus April 30
do
do
*2,v
Baltimore & Ohio RR. Washington Branch.— The company has filed an answer to the suit of the 8tate of Maryland
to enforce the payment of dividends on the stock of the Washington Branch RR, Co. and for the distribution of $914,7Q7
claimed to be due to the stockholders. The company states
that whatever surplus there is resulting from operations is
being held to pay for the company's share of the terminal
improvements at Washington, D. C. The total estimated
cost of these terminals is $5,599,4' 8, of which the United
States and the District of Columbia will pay $1,500 000. The
Washington Branch Co. under its charter is not permitted to
increase its bonded indebtedness. V. 71, p. 340, 287.
—
Birmingham Alabama & Georgia RR.— Kelly
Estate Not
representative of the K^lly estate at 5
Beekman St. states that Edward and James H. Kelly, whose
names were mentioned last week as incorporators of this
companv, have no knowledge of the enterprise. The East
West RR. is entirely owned by the Kelly estate aad has no
securities in the hands of the public. —V. 71, p. 491.
53,000
&
1,979,908
Central
Total
73,997,397
Total
73,937,i97
$1,005,000 since paid, t Of which $5,100,000 in treasury.
H. L. Terrell was elected a director to fill a vacancy of
several months' standing. V. 70, p. 947.
—
Consolidated Gas Co. of New York.
(Balance Sheet of July 1, 1900.
are
the condensed balance sheets of July 1, 1900,
Following
and Die. 31, 1898, as furnished to New York Stock Exchange
CONDENSED TBIAL BALANCE SHEET.
:
July I, W00. Dec.31,'98
Plant, etc
Fund fir Met.
Liabilities
$
$
45,548,076 45,033,782
Capital stock
624,000
Z159.940
Accte. receivable.
Bii's receivable...
775.6H0
775.6rt0 (
1)0,0 Of
439,651
July 1,1900 Dec.31,'f8
$
$
x54,595,200 39,078,000
Debenture bonds. .y6, 89,754)
Met.Gas L. Co. bds. (5*4,000
31,6i»l)
Bond and morlg'e
Gas
L>k nt bonds
Cash
-
628,000
5.
2,619,424
Aects.payable.etc. 1,185.139
790,535
32H.970
('ons'm'rs' dep'sits
2,105,000
j
3u7,52fi>
884,138
1,317,940
2,35b,233)
Tioaas.eic
50B.609
Insur'ncefund.etc 451, H98
7,918,404 8,172,904
Surplus
Total assets. ..74,059,254 50,746.651
Total liabllities.74,059,254 50,746,651
Mnterla s, etc. ..
Treasury 8t> ck
Stocks and bonds
26,403,921
of other cos
to *e Increased to $72,277,100 throueh the issue of $13.64».800nubsc ibe f or oy the s ockholders at $150 per share and of $4,033,i<»< to be
u«ed on and after s'ep' 20, 1900. at $19o per share, to rei Ire the $7,6 2 900 debentures issued or issuable for the stock of tne New Amsterdam Gas Co. oee
also "y" below.
y This $6,58^,754 of debenture bonds inc'udes $5,112,754 issued in pavment of
the common and preferred stock ot the New Amsterdam Gas Co. The bon s
bo issued are to be redeemed on and after Sept. 20, mOo by the incredse of
x Tb's amount
is
*
.
z t'his amount, when $20,473,203, the proceeds of the subscriptions to 136,488
shares b..ve been paid in, will ne increased by $18,116,967 (being $20,473,20'
less $2,356.2 M, the amount of "loans and bills payable"), and ace irdinuly the
item of $2,356,233, loans, bills payable, e c on the other side of the balance
ah set will disappear altogether therefrom.— V. 71, p. 438, 344.
,
New England Ry.— Earnings.—The
Tear—
Net.
Oross.
1899-I900..$695,646
V. 70, p. 1194.
—
$137,670
Cincinnati Georgetown
—
Other income. Charges.
$8,447
$150,920
RAILROADS. INCLUDING STREET ROADS.
Anthracite Coal Roads.— Strike Ordered.— At Indianapolis on Sept. 12 President Mitchell and Secr<-tary Wilson
of the United Mine Workers of America issued a circular
calling upon the ''officers and members of the United Mine
Workers of America and all other miners and mine workers of
the anthracite region of Pennsylvania" •** "to cease work on
and after Monday, Sept. 17, 1890, and remain away from the
various collieries, strippings and breakers until the demands
of the Haztaton Convention have been acceded to by the coal
companies."
The demands of the Hazleton Convention, as formulated at
the meeting held Aug. 27, include the following
Abolition of the company stores reduction in the price of powder
$4,803
& Portsmouth. RR.— New
Mort-
&
—
& (J nine v RR.— To Purchase Leased
stockholders will vote at the annual meeting on
Nov. 7 on the question of purchasing a number of lines
in Iowa and Missouri, now held under lease.
V. 71, p. 491.
Chicago Burlington
Lines
—Tne
—
Cincinnati Street
Ry.— Galled Bonds.— Bonds Nos, 151 to
by the Mt. Adams & Eden
200, inclusive ($1,000 each), issued
Park Inclined Railway Co., have been called for redemption
1.—V. 71, p. 181.
Oct.
Columbas Railway.— Ca lied Bonds.
—Twenty
Columbus
Consolidated Street RR. first mortgage 5 per cent gold
bonds, dated July 1, 1889, have been drawn by lot, and will
be paid at the Central Trust Co. on or after Jan. 1, 1901, at
110 per cent, together with the coupons maturing Jan. 1,
1901 ($1,125 per bond).-V~. 69, p. 743.
RR.—Proponed
Road,
—
This company, we are informed, proposes to construct a line
extending from Grand Island, Neb., to Aberdeen, S. Dak.,
with branches, aggregating in all about 6u0 miles. Preliminary construction work, it is stated, is now progressing, and
rights of way are being secured. The securities intended to
be issued are: Stock, $12,000,000, aU of one kind, in $100
scares, and $13,5 '0,000 five per cent 50-year gold bonds
($1,000 each), due Jan. 1, 1951. Of the b jnds, $1,509,000 will
represent the cost of a bridge across the Missouri River at
Pierre, S. D. The President is John H. Bowman; Secretary,
John T. Dailey; Treasurer, Jonas A. Johnson; General
Counsel, James M. Kerr. Office, Bee Building, Omaha, Neb.
Fitchburg RR.— Lease Ratified.—The stockholders yesterday ratified the lease f the road to the Boston & Maine by a
vote of 95,623 against 227.—V. 71, p. 338, 341.
(
Forty-Second Street Manhattanville & St. Nicholas Avenue RR. of New York City. Purchase of Minority stock.
$1 50 a beg; abolition of company doctors; semi-monthly payment The minority stock, which amounts to about $3^8 9 JO, the
wages abolition of the sliding scale wages paid in cash 2,240
:
—
;
to
of
Bat., def.
gage. The companv has filed a mortgage to the Union SwTrust Company of Cincinnati, as trustee, to seings Bans
cure $5UO,000 4 per cent bonds of $1,000 each, dated Jan.
The nev loan, it is under1, 1900, and payable Jan. 1, 1950.
stood, provides for the retirement of the $252,000 first mortgage 6s due next April, and for the extension of the railroad
through Clermont, Brown and Adams counties to the city of
Portsmouth, O
Tne mortgage covers all the real estate and
personal property of the railroad company. V. 70, p. 739.
Dakota Nebraska & Southern
GENERAL INVESTMENT NEWS.
earnings for
the fiscal year ending Jnne 30 were:
*
Assets—
543
Interested.—The
BALANCE SHEET.
Assets
——
:
;
;
;
pounds to the ton; an advance of 20 per cent In wages less than $1 50
and not exceeding $1 75 a day that all classes of day labor now re
oeiving $1 50 and not exceeding $1 75 shall receive lt> per cet.t over
present wages that all day labor now reoeiving *1 75 shall be advanced 10 per cent that no miner shall have at any time more than
one breast, gang or other class of work, and shall get only his legal
;
;
;
ebare of oars.
entire issue being $2,500,000, is being purchased for the Metropolitan Street Ry. Co. by the City Trust Co. at $75 per $100
share, less 20 cents expenses. The majority srock is pledged
as part security for the new bonds of the Third Avenue RR.
see page 62 of Street Railway Supplement. V. 70, p.
1291.
—
—
—
Tne men employed in the anthracite fields of Prnnsylvania
Houghton County (Mich.) Street Ry.— Mortgage, Etc.
number about 142 000, of whom 91,000 are em- The stockholders have voted to increase the capital stock
ployed inside and 51,000 are employed outside of the mires. from $25,000 to $750,000, and have authorized a m->rts;age for
Of the entire number the miners claim 80 per cent are union $750,000. Construction is making fair progress. Officers are:
are said to
men
but the officials of the anthracite companies assert
that only a small percentage of the men are likely to strike.
The closing of the mines, it is claimed by some, would reduce
the regular coal production about 74 per cent, povided the
Reading Coal & Iron Company's production of 20*5 p=r cent
of the total output is not cut off.
The executive officers of all the coal mining companies are
unanimous in declaring that they will rective committees of
their own employes whenever they have any grievances to
make known, but that they will not recognize outside interference in any manner. Especially at the present time they
will not recognize the right of any organization subject to
outside influence to dictate the policy under which they will
conduct the business of operating their mines. No demands,
it is said, have been made or grievances prcS9nted by the employes of the several companies to their employers.— V. 69,
;
p. 1102.
Atlantic & Danville Ry.— Listed.— The New York Stock
Exchange has listed the Atlantic & Danville Ry. $3,175,000
first mortgage 4 per cent gold bonds of 1918.— V. 71, p. 181.
F. J. Bawden of Houghton, Mioh., President; William O. Chapman,
Boston, Vice-President; W. Cameron Forbes, Boston, Treasurer, and
Elict Wadsworth, Boston, Secretary.
Illinois Central tiR.— Purchase— New Bonds.— At the annual meeting on Sept. 26 the stockholders will vote on the
following propositions
a. To purchase the line of railway lately belonging to the St. Louis
Peoria
Northern Railway Co. and row iu the possession of the
Illinois Central, extending from Springfield, 111., to East St. Louis.
b. To issue thernon 3 per cent mortgage «old bonds, payable in 1951,
to an amount not to exceed $4,000,000, for the purohase of said property and to provide for additions thereto and improvements and betterments of the same.— V. 71, p. 492, 287.
Jackson ( tf ich.) Street Ry.—Sold.— This property was sold
on S'pt. 13. at Commissioner's sale, for $155,000, to Wm. A.
BjJand of New York.
Kansas City Mexico & Orient RR.—Directors.— Robert H.
Law, a Chicago capitalist, and William H. Baker, VicePresident and General Manager of the Postal Telegraph
Cable Co., have been elected members of the board of directors.— V, 71, p. 29.
<te
——
:
THE CHRONICLE.
5U
Lake Shore & Michigan Southern Ry.- Quarterly.
Earnings for the quarter and the six months endiog Jane 30
$H.307,163
5.665,050
Net
earnings,
2,453,504
1,857,695
1QOoT'!?~... $12,728,382
....... 11,0C5|182
1899
5,044,729
3.800.949
Gross
earnings.
3mosend'g.
June 30—
1900
. ....
1809
!
Other
income.
S8.785
72,660
143.787
124,705
Interest,
taxes, etc.
913.875
957,660
:
June 30—
1900.
18U9.!
...
Gross
earnings.
$3,849,354
31665,946
The earnings
Net
earnings.
$2,023,664
1,900,275
Interest,
taxes, etc.
*79,245
77,768
$1,175,400
1,125,657
Balance,
jurplus.
$927,509
852.386
June 30 are given on a
preceding page under " Annual Reports."— V.
71, p. 492, 288.
t—
The report for
Missouri Kansas & Texas Ry.— Rep or
the year ending June 30, 1900, which will be cited at length
another week, shows
Mileaae.
Gross
earnings.
2.VJ18
$12,626,5)2
...2,200
71, p. 339, 236.
11,930. 31
Yen-—
1899-00
1898-99
-V.
'J
Net
earnings.
$3,«61.042
3,917,506
Interest
Rentals.
Balance.,
surplus.
$3,453,385
3,430,410
$407,657
487.096
<£
Mohawk & Malone Ry.— Listed.— The New York
Exchange has listed the $3,900,000 5 Jper cent
gage bonds of 1992.— V. 71, p. 437.
Stock
income mort-
Nashville Chattanooga & St. Louis Ry.— Lease Approved.
Nashville on Sept 12 ratified the lease
—The stockholders at
Paducah & Memphis Division of the Louisville &
Nashville by more than a two- thirds vote. The lease rune
for 99 years from Dc c. 14, 1895. E. B. Wesley of New York
of the
has been elected a director to succeed E. L. Jordan, deceased.
and Major J. W. Thomas has been re-elected President.— V.
71, p. 286.
Norfolk (Va.) & Atlantic Terminal Co.— Line Formally
Opened.— This new electric railway from Norfolk to Se wall's
PoiDt was formally opened for business on Sept. 8. Spe
Street Railway Supplement, page 64.—V. 71, p. 492.
Northampton & Amherst Street Ry.— Mortgage.— The
company has made a mortgage to the Old Colony Trust Co.
of Boston, as trustee, to secure $300,000 bonds, present issue,
$75,000.
&
Duluth
Northern Pacific RR.— Objection to St. Paul
Sale Withdrawn.— press dispatch from St. Paul states that
Warehouse Commission has withdrawn
the State Railroad
Duluth RR.
of the St. Paul
operation
the
to
objections
all
by the Northern Pacific Company.— V. 71, p. 236, 342.
Panama RR.— Subsidy Bonds Called.— One hundred and
thirty six ($136,000) sinking fund 6 per cent subsidy bonds
have been drawn by lot and will be paid at par at the office
of the comiany on Nov. 1. The numbers of these were given
on page viii of advertisements in la9t week's Chronicle. V.
A
&
St.
Louis
&
United Traction Co. of Albany, Etc.— Earnings.—The
sjirpius.
l.«K5^4 earnings f r the six months from Jan. 1 when the opera972,695 tions of the consolidated company began, to June 30, 1900:
3,334,729
2,030,949
Other
income.
for the year ending
Toledo St. Louis & Western Ry.— See Toledo
Kansas City RR. above.— V. 71, p. 438, 343.
>
1,858,787
1,894.705
LXXI
[Vol.
Balance,
-V. 70, p. 1291.
Metropolitan Street Ry. (New York CItj).— Quarterly.—
Earnings for the quarter ending Judo 30 were:
3 mos end.
—
&
—
71, p. 492.
6 mos.
,
Gross.
Net.
Oth. inc.
—V.
liams of that city is President, has "leased the existing lines
and those to be constructed by the River Front RR. Co. c f
this city. Under the terms of the lease the River Front RR.
Co. reserves the right to operate exclusively the steam locomotive service over the lice conveyed, and also to fix the
tolls for service by the lessee and which are to be collected
by the le ssee. In return the River Front Company binds
itself to construct such extensions and improvements, in
eluding double-tracking, as the lessee may find necessary
for the proper operation of the line." The new line to GK1merton, about seven- tenths of a mile, it is stated will be
built at once and operated by the lessee. (See also Portsmouth River Front Ry., V 71, p. 268; V. 71, p. 313, 183.).
Quincy Omaha & Kansas City Ry.—Interest.—Checks
for interest due on Sept. 12, 1900, on the Guaranty Trust
Co. 'a certificates of deposit for non-preferred bonds were
mailed to the holders of record Sept. 12.— V. 71, p. 288.
Santa Fe & Grand Canyon RR.— Receiver.— At Prescott,
Ariz., on Aug. 28, Judge S!oan appointed E. D. Gage of
Prescott receiver of this property. The operation of the road
is suspended pendiDg a report by the receiver as to the possi
bility of operating the line without loss.— V. 70, p. 329.
Seaboard Air Line Ry.— Equipment Trust.— The compary
has purchased 2,100 freight cars through Blair & Co. at a cost
cash payment of 15 per cent is made, and
of $1,354,000.
for the balance the company issues its five per cent equip
ment notes, payable in $50,000 quarterly instalments.— V. 71,
A
p. 891, 348.
Schenectady Railway.—Albany Line.—The company is
its system with the
United Railway of Albany, and a contest has arisen with the
new Albany & Schenectady Traction Co. (see V. 71, p. 390)
as to which shall have the franchise.— V. 67, p. 321.
Toledo St Louis & Kansas City RR.— Third Instalment.
The third instalment due on the preferred and common
stocks, viz $5 a share on the preferred and $3 per share on
proposing to build a line connecting
,
the common, is called for pavment at the Central Trust Co.,
54 Wall St., on or before Sept. 25, 1900.—V. 71, p. 438, 287.
Dividends. Surplus.
(li4)*£0,000 $51,459
71, p. 343.
Wajcross Air Line RR. New Bonds.— The company has
a mortgage to the Farmers' Loan & Trust Co. of New
made
York, as trustee, to secure $1,400,000 twertv year first
mortgage 5 per cent gold bonds, due Julv 1, 1920, including
$150,000 bonds having a "prior lien in security and payment
of both principal and interest," the company reserving as to
the la'ter the right to call the same after five years at 110
par cent and accrued interest, and issue a like amount of
honds having no prior lien in their place ur der the mortgage.
Of the bonds $500,000 (including the $150,000 prior liens)
have been issued, and the balance can only be issued at the
rate of $5,000 per mile of completed line above 70 miles. Of
the $1,000,000 capital stock, $504,000 has been iseu- d.
The road extends from Waycross, Ga., to Vickers, of
which 9 miles were completed on Aug. 31. and 20 miles additional from Vickers to Fitzgerald are to be completed in
Dec, 1900. Extensions are also projected from the lastnamed place to Macon, Ga 91 miles, and from Waycross to
the Atlantic coast, at Brunswick or St. Mary's, or both,
about 85 mile?, making in all about 250 miles. The President is Capr. W. G. Raoul, also President of the Mexican
National
Sec, W. B. Alberteon; Treas., J. E. Wadley;
Vice-Pres. and Gen. Mgr., Geo. V. Wadley.
,
RR
:
& Pennsylvania Ry. Lease Ratified.
stockholders on Thursday ratified the lease of the
property to the Pennsylvania
Co.— V. 71, p. 339, 343.
Western New York
—The
RR
York County Traction Co — Moytgaoe— A copy of the
i
om-
pauy's mortgage
at hand shows that capital stock cf
the constituent companies in the amounts indicated below
is owned and pledged with the Real Estate Trust Co. of
Philadelphia as security for the new loan.
—
—
Capital stock.
Par of
Authorised. Issued, shares.
$350,000 $350,<»00 $10
,
Shares
pledged
20,000
2,220
,
York Lieht Heat & Power
16P,^00
200.000
York Street Railway
50
York & Dover Eleo. Ry
50,000
16,000
50<10%pd) 320
York & Dallastown Eleo. Ry.. 60.000
12,000
50<10%pd) 240
York & Manchester El. Ry.... 50,000
12,(00
50 (10% pd) 240
York & Wrightsville Ry
75,000
22,400
50(lO%pd) 448
York Steam Heating Co
1,000
1,000
10
67
JVot.—Tbe Tork Light Heat & Power Co. owns $182,630 of the $183,H0 stook
of the Wdlson Electric Light Co. of York, Pa. (authorize! capital, $2 0,000;
par of shares. $10) and $25.8«0 of the $26,s?l0 stock of the Westinghouse ElecLight & Power Co. of York, Pa. (authorized capital, $50,000 par of shares.
tric
;
$i0;.
all the additional shares of the capital stock and
bonds of the said above-named corporations, or any of
them, which may hereafter be purchased or acquired," as S9t
forth in the mortgage. The total authorized issue under the
new mortgage is limited to $1,500,000. but of this $500,000 is
reserved in trust for extensions, betterments and equipment.
The remaining $1,000,000 bonds are issuable as follows:
In exchange $ for $ for York Light Heat & Power Co. 1st M,
"Also,
all
Portsmouth River Front Ry.— Lease.—See Portsmouth
below.—V. 71, p. 288.
Portsmouth (Va.) Street Ry.— Lease.— A press dispatch
5s of 1889. due June 1, 1929
from Portsmouth sa\ s that this company, owned and con- York Street Ry. 1st M. 5s, due Jan.
trolled by Philadelphia capitalists and of which H. G. Wiloall for redemption Jan. J, 1906
Street Ry.
Charges.
1900 .$638,063 $215,217 $4,106 $117,fc64
York
$302,000
1,
1926, but subjeot to
Street Ry. stock
If 0,000
166,000
Against other shares pledged as above, and $800 other
stock and bond
242,000
To purchase of additional shares of York Light, Heat &
Power Co. and for other lawful purposes
140,000
-See also V. 71, p. 343.
INDUSTRIAL. GAS AND MISCELLANEOUS.
—
American Agricultural Chemical Co.— Report. The
company reports for the six months ended June 30, ISiOO:
Total tarninge, $1,179,199; from which reserved for renewals,
bad debts, repairs, allowances of all kinds, etc, $339,879; net
earnings, $939,320; previous surplus, $10,699; balance undivided profits June 30, 1900, $380,019. -V. 70, p. 585.
American Cotton (Round Bale) Co.— Statu*.—The following statement has b^en revissd for the Chronicle:
On Aug.l ,1 900, the company was free from deb t, and had nearly $300,000 cash and about $600,000 bills receivable (equivalent to cash in a
few days). The oompany owns the Walburn-Swenson Machine plant
in Chicago, valued at about $400,000, at which plant all the machines
are manufactured. The company's olants and machines located in
the South are valued at $1,500,000, besides whloh It has sundry other
assets. Its patents are valued at between $4, c 00,000 and jt5.OOO.0OO.
The oompany will have this year 700 presses in operation, as against
40o last year. Its production last year with 400 machines amounted
to 400,1 00 "round lap" bales.
The $3,000,000 of preferred stock is resolving dividends at
the rate of 8 per ceat per annum. Common stock is $4,000,000; no bonds. John E. Searles is President.— V. 70, p. 793.
Asphalt Co. of America. Terms of Exchange.—Sea National Asphalt Co. below.— V. 71, p. 438, 344.
Colorado Fuel & Iron Co.— Dividend.— The company has
declared a dividend of 8 psr cent on its preferred stock for
the fiscal veac ended June 80, 1899, payable Ojt. 10 to stock
This leaves onlv 8 per cent in dividends
of record Sept. 20.
overdue on the preferred stock.— V. 71, p. 289.
Consolidated Gas Co. of New York.—New Stock.—The
company's authorized capital stock, of which $54,595,200 is
outstanding, was recently increased to $80,000,000. Of the
new issue $13,648,800 was subscribed for at $150 per share by
.
September
:
THE CHRONICLE.
15, 1900.]
645
Knickerbocker Telephone & Telegraph Co. of New York.
the company's shareholders, and this amount under auThe company has made a mortgage to the
Mortgage.
Committee
will,
far
so
as
issued,
be
List
Stock
the
of
thority
added on Oct. 2 to the amount already dealt in on the New City Trust Co., as trustee, to secure $5,000,000 of 5 per cent
York Stock Exchange. A further amount not exceeding 50-year $1,000 gold bonds, dated Sept. 1, 1900. President
H. Eckert is quoted as saying:
$4, 033, ICO. is issuable at $190 per share in exchange for the William
issuable
under
or
agreement
of
going
ahead with the work as quiokly as possible, bnt it will
issued
are
We
$7,'662,'90O debentures
take a year to get tne entire system in operation. Our lines
May Inst to retire the entire capital stock of the New Amster probably
in Manhattan are not widely placed as yet, but In Queens, as far as
dam Gas Co. Over 80 per cent of the New Amsterdam the tmnk Hi- es are conoerned, the work Is almost complete. We will
stock has so far been acquired, and on account of the same go ahead with tbe work in Manhattan as quiokly as we can get the
require. In Nassau also we have laid many lines. We
$6,436,698 debentures have been issued. These debentures material weoperatlDgour Broome
St. and Twenty-third St. exchanges,
are already
intt
without
rest,
at
any
time
prior
par,
at
call
to
are subject
though with a liuiit-a number of subsoribt rs.
to Dec. 1, 1900, in exchange for capital stock of the Consoli
The company is one of those in which tbe Telephone, Teledated Gas Co. at the rate of $190 per share. la pursuance of graph & Cable Co. is interested.—See V. 70,
p. 1052.
this right the company has called for payment the said debenand
the
New
York
Stock
Long Beach Land Co.— Change of Control. The company
tures on and after Sept. 20, 1900,
Exchange has authorized the listing of such additioral stock has been reorganized with the following directors
as shall be issued in making the exchange. The amount of
President. John L. Young of Atlantic City; Secretary and Treasurer,
capital stock listed, including such additional issues, it is Joseph Thompson of Atlantio City. Direotors: Congressman John J.
New Jersey and W. H. Ford and G. H. Ford of New York.
provided, shall not exceed in the aggregate $72,277,100. The Gardner of
directors represent a syndicate which it is unThe
new
on
543.
The
debentures
is
page
balance sheet of July 1, 1900,
should be presented at the olice, No. 4 Irving place, on officially reported has recently secnred an option upon $360,000 first mortgage bonds, held by J. P. Morgan
Co., trusSept. 20— V. 71, p. 438, 344.
covering the hotel and other assets of the old Lorg
Cuban Steel Ore Co.— Option.—See Pennsylvania Steel Co. tees,
Beach Improvement Co. The syndicate has also purchased
below.- V. 71, p. 392.
for $25,000 the beach itself, 4% miles in length, from the
Distilling Company of America.—See page 557.
town of Hempstead.
Industrial Companies.— Results to Underwriters.— The
Lower Merlon Gas Co.— Stock Increased. The stockholdfollowing tables, which appeared first in the " Journal
ers on Sept. 5 voted to increase the capital stock from 4,000
have
been
revised
Bulletin,"
Commercial
and
Commerce
of
to 5,(00 shares, par value $50.— V. 71, p. 137.
for the Chronicle by the original compiler. Table A includes
proved
profitable,
has
underwriting
whose
industrials
Marion (0.) Water Co.— Receiver.— William E. Scofield
the
and Table B those which have resulted in a loss to the under- has been made receiver of the company, on application of the
In the case of each company is shown (1) the Knickerbocker Trust Co., the first mortgage trustee.— V. 71,
writers.
amount of common stock given to the underwriters as bonus p. 33.
with each $100 of preferred stock or bonds in return for $100
National Asphalt Co.— Plan of Unwn.—A. circular, signed
in cash
(2) the present price bid for the company's shares or
by President Amzi L. Barber and Secretary and Treasurer
bonds; (3) the aggregate value on this basis of $100 preferred Arthur W. Sewall, has been issued from the office, No. 11
or bonds and $100 common stock; (4) the resulting profit or Broadway, giving the facts regarding the organizati n of
loss to the underwriter
the company and the terms offered to holders of the capital
(A) PEOFITABLEJTO UNDERWRITING SYNDICATE
stock of the A»phalt Co. of America.
Com- Points
Bonus of Bid
The National Company has been organized under the laws
common Prices bined profit to
under of New Jersey, and in ca^e this plan is adopted "has exbid
with $100 Sept.
Stock
pressly assumed and agreed to guarantee and pay all of the
pricts. writer.
pr
12.
aulhoriztd.
Company.
36ia
70
obligations of the Asphalt Company of America, including
Amer. Smelt. A Refining.. $3 2. 500,< 00
*4
15
89%
32.5(0,000
126k
Preferred
its $30,000,000 gold certificates (see description, underlying
100
27%
30,000.000
Amer. Tin Plate Co
securities, etc., in V. 70, p. 993; V. 69, p. 337). The last107%
7%
80
000,000
20
Preferred
"50
66
6.000,000
named company has no debts and has issued no securities
American Chicle Co
143
id" except its collateral gold certificates and stock."
77
3 000.000
Preferred
ioo
25%
50.000,000
Continental Tobacco Co.
4"
The sinking fund of the Asphalt Co. of America will be
104
50,000,000
78H
Preferred
338
increased to $300,00) per annum, and its collateral gold cer11.000.000
International Sliver
35
9,000,000
Preferred
ficates will be further secured, as will be stated another week.
"338
Par.
383e
5,000 000
Bonds
The National Company is authorized to issue its own se33^
30,000,000
100
National Biscuit Co
—
—
—
:
&
—
;
:
.
86
26,000,000
Preferred
ioo
26
32,000,000
National Steel
85^2
28,000,000
Preferred
O
39 la
ioo
7,000
National Salt
66
6,< 00.000
Preferred
"50
46
40.000,000
National Tube
94
40,000.000
Preferred
38%
ioo
12, 00,000
Pressed Steel Car
71»4
12,' 00,0<>0
Preferred
"9*6
29
Rubber GoodB Mfg. Co.... 25,000,000
75 H
25,000,000
Preferred
a
10,000,00 \ 1,7®'™
Royal Baking Powder
18
10,000.000
"b
Sloes -Sheffield
b7
10,000.000
Preferred
300.000
U. 8. Bobbin & Shuttle.bds.
100
800,000
Preferred
50
40
1,200,000
Common
100
25,000 000
29k
U. S. Rubber Co
92
25,000,000
Preferred
11912
1*5 ij
lllifl
11**
105>«
*5*«
140
17*"
110
10*
10414
1*4
92ifl
161*
85
*3*%
140
2*6"
121*4
2114
$10,oro common with eaoh $10,000 bonds. b$122 common and
$122 preferred for $100.
(B) LOBS TO UNDERWRITING SYNDICATE.
l
Bonus of Bid
common
Prices
witli $100 Sept.
Stock
12.
authorized.
pref.
Company.
Amerloan Steel Hoop
$19,000,000
Preferred
$100
19%
Par.
66Vj
88 kj
4kj
2^i«
14,<-00.000
Amalgamated Copper Co. 75,000.000
15.000,000
American MaltiDg Co
50
15,000,000
16,750.000
Preferred
American Linseed Co
Preferred
16,750,'
American Woolen Co
40,000,000
25,00. ,000
Preferred
Consolidated Rubber Co..
4.000.000
Preferred
4.0< 0.000
Federal Steel
100.000.OoO
Preferred
100,Oo< .000
Havana Commercial
12,500,000
Preferred
7,^00,000
Internat. Steam Pump.... 15,000, 00
Preferred
12,600,000
Otis Elevator
6,500.000
Preferred
4,f0o.000
Republic Iron & Steel
30,000,000
Preferred
25,000.000
Union Bag & Paper
16,000,000
Preferred
11,000.000
Virginia Iron, C. 4 Coke. 1 0.C 00,000
Bonds
10,000,000
.
75
"6*6
prices.
writer.
"86*4
88I3
13%
"28**
'6l»8
25
77 >4
i"c*2*i4
**50
61%
11%
ib'6
63
5
32
ill "a
"7*5
"50
7414
2838
Collateral 5s.
$lo
Of the
*3*"
Common stock.
Pref. stock.
$7, full paid.
$10, full paid.
new company's stock,
common are to be used
$3,550,000 preferred and $5,to acquire control of the following properties through purchase of the amounts of their
common stock indicated below as "a( quired":
100,000
23*4
"7*9%
26ie
Pennsylvania Asphalt Co. $250,000
$450,000
"37""
63*'
Gllson Asphaitum Co
2,375,000
New Jersey Mexican As-
1,400.000
67
i"o'i%
2*3*4
9
49"
phaltCo
Manhattan Trap Rook Co.
53*4
'84*4
20i«
111%
*i*e
65 "«
34*«
"77H
22%
"sT"
6*9*'
40
18ifl
66
25%
ioo
86
12
53 Vj
ioo
11*4
66
2
29
d $100 of common and $100 of preferred tor $90. e No common
bonus but underwriters paid $25 lor $100 full-paid common stock
and $ltO tor $100 preferred, f $100 common with $100 bonds.
;
Each $50 share ($10 paid in) of the $30,000,000 capital
stock of the Asphalt Co. will be exchanged for the following:
"76%
34%
75
llkj
'4*
36*2
"160
loss to
under-
51%
75
15
Points
bid
9 78
00
Amer. Agrloul. Chemloal.. 20,000.000
20.000,000
Preferred
Amer. Steel & Wire Co. . . . 50,000,000
40,00c ,000
Preferred
Amer. Car & Foundry Co . 30.000,000
S0,00o,0C0
Preferred
Combined
curities as follows
Collateral gold 5% 50-year certificates, to draw interest from Jan.
1. 1901, and to be secured by the deposit with the Equitable Trust Co.
of Philadelphia, as trustee, without individual liability, of all the
shares of the Asphalt Company of America (total issue $30,000,000,
20 per cent paid io> purchased under this agreement. A sinking fund
of not less than $50,000 per year is provided. No semi annual payments on these certificates and no payments of principal thereof shall
be made until all interest and principal of the $30,00 ,000 collateral
gold certificates of the Asphalt Co. of America at the time actually
matured shall have been met; and "in case of the liquidation of the
assets of the National Asphalt Co.. other than shares of stock of the
Asphalt Co. of America deposited with the trustee, the principal and
semi annual payments of the collateral gold certificates of the Asphalt
Co. of America shall be paid pref erentially. Total issue, $fi, 000, 000
[All as part consideration tor stock of Asphalt Co. of America ]
Preferred stock, 6 p. o. cumulative, in shares of $50
eaoh. dividends to accrue from Jan. 1, 1901
$10,000,000
Of whioh as part consideration for stock of Asphalt
Co. of America
4,200,000
For the acquisition of additional properties described
below
3,550,000
To be retained in treasury for future corporate purposes
2,250,000
Common stock (par of shares $50)
$12,000,000
Of whioh, toward purchase of stock of Asphalt Co. of
America
6,000,000
For acquisition of properties described below
5,100.000
To remain in treasury
900,000
Common stock.
Company.
Total.
Acquired.
Other securities out.
1st M. bds.
st'k.
Pref.
None.
$275,000
None.
a$275,000
None.
None.
100,000
100,000
None.
None.
500,000
500,000
Also three valuable asphalt deposits upon the east shore of Lake
Maraoaibo, Republlo of Venezuela, known as El Mene, Temblador
and Lagulnillas.
a $225,000 additional in treasury.
This plan will become operative on Jan. 1, 1901, provided a
majority of the shares of the Asphalt Company of America
shall have been deposited with the Equitable Trust Co. of
Philadelphia, under the terms of the plan, on or before Oct.
15, 1900, cr on or before such other date as may be fixed by
the National Asphalt Co.— V. 71, p. 345,
EP*For other Investment News
see
Page 557.
THE CHRONICLE.
546
[vol.
lxxl
tpoxtz unit ^otxxmmts.
CENTRAL RAILROAD COMPANY.
ILLINOIS
FIFTIETH REPORT-FOR THE YEAR ENDED JUNE
On June
30, 1899,
the Illinois Central Railroad
Company had
30,
1900.
in operation
3,678*74 miles
There have since been added
On Deo 1. 1899, The Litchfield
:
Division (St. L. P. & N. RR.)
Jan. 1.1900, The Omaha Division (Ft. D. & O. BR.)...
Jan. 1, 1900, The Effingham District (St. L. I. & E. RR.)
Length of railroad in operation June
On June
30, 1900,
there were in operation
30,
9759 miles
13102 miles
8851 miles
1900
3,995*86 miles
:
3
First Main Track
;~rA--\:
Of Second and Additional Main Tracks....
Of
ww
317-12 mile*
m
'o^?£
|}!!
248 17 miles
~
m"i
„.
.
Total of Main Tracks
Of Passing and Side Tracks, including Yard Tracks
.
7'S.fSt
._
?X
m m
,.
]i
1,20 950 miles
5,453*53 miles
Total Tracks of all kinds
Company during
the year ended June 30, 1900, has been
The average number of miles of railroad operated by
an average of 3,671 miles operated in the preceding year; this is, for each year, exclusive of the Railroad owned and operated by the Yazoo & Mississippi Valley RR. Co.
The following is a summary of the Illinois Central Railroad Company's business for the year ended June 30, 1900.
this
3 845 miles, against
.....................f32,eil,987S5
Gross Receipts from Traffic
83K?..5!^;/™^^^^
Income from
22,869,39565
heing the excess of Receipts over Expenses of Operation and Taxes
Traffic,
$9,742,571 70
Incoine^roin Investments, including those held in the Surplus Dividend Fund, and Miscellaneous Profits
Excess of Income over Expenses of Operation and Taxes
Fund brought forward June 30, 1893, as shown in last Report
2,411,720 63
Surplus Dividend
$12,184,382 20
1,005,626 92
Available for Fixed Charges and Dividends
$13,190,00912
From
this *here have
been paid
:
Interest on Funded Debt. aDd Bonds drawn under Sinking
New Orleans RR
Rent of the Chicago St Louis
Sioux City RR
Net Rent of the Dubuque
Rentof the 8t. Louis Division
Rent of the Litchfield Division
&
1
&
Fund
$2,825,925 00
$2,421,089 70
627.568 08
507, c-25 OO
45,000 00
3,601,182 78
Total Fixed Charges and Rent
6,427,107 78
$6,762,90134
Leaving Available
This was disposed of as follows:
*
1, 2^ per cent, and payable Sept. 1, 1900, 3 per cent, on $60,000,000
BetternieDts as more tully explained below
Carried forward to Surplus Dividend Fund as of June 30, 1900, and set apart as applicable to Future Dividends
—
Dividends paid March
.'
$3,300.000 00
2,416,674 42
1,046,226 92
$6,762,901 34
As compared with the preceding year
The average number
:
174-00 or 4*74 percent
"
$t.497,277 46 or 16-00
•'
3,1"4.333 23 or 17-44
132.e00 52 or 9-77
"
1,190.143 71 or 13-92
"
3,330 02 or 9-96
"
135,9*7 65 or 5-34
"
1,050,876 04 or 9-44
"
1,094,837 78 or 905
"
374,896 64 or 5-51
"
1,469,734 42 or 2777
"
941,634 42 or 63-84
"
40,600 00 or 4-04
of miles of railroad operated increased
Traffic increased
Gross Receipts from
Exi eDses of Operation increased
Taxes increased
Income from Traffic increased
Net Receipts from sale of Lands decreased
Income from Investments and Miscellaneous Profits decreased
Excess of Income over Expenses of Operation and Taxes increased
The sum available for Fixed Charges and Dividends inoreased
Total Fixed Charges and Rent decreased
The amount available after deducting fixed charges inoreased
The sum appropriated from Income for Betterments inoreased
Surplus Dividend Fund b as been augmented by
<
DIVIDEND, INSURANCE AND SINKING FUNDS.
The sum of $40,600, derived from interest on securities in the Surplus Dividend Fund, has been added to that Fund,
which now amounts to $1,046,226 92, and is well and safely invested.
The Insurance Fund, after the payment therefrom of all losses by fire, was augmented during the year by $122,327 04,
58, which is well and safely invested.
$1,214,620
to
The Trustees of the Cairo Bridge Fund hold $441,555 12, invested in securities authorized by the mortgage, being
$46,344 40 more than they held at this time last year.
The Trustees of the Western Lines Sinking Fund hold $259,162 72, invested in securities authorized by the mortgage,
being $56,014 93 more than they held at this time last year.
TAXES.
The charter of the Company res?rved to the State of Illinois, in lieu of taxes, 7 per cent of the gross receipts of the
706 miles of railroad originally built thereunder. The sum so paid has this year been $762,438, which, if cipitalized at "i\i
per cent, would give $21,783,949 as representing the proprietary interest of the State of Illinois in the Illinois Central
Railroad. This is the largest amount ever paid in this respect in any one year, not excepting even that of the World's
Fair, 1893-1894.
Other Taxes bring the sum paid as taxes up to $1,491,780 16. This exceeds the sum paid last year by $132,800
although the number of miles of railroad operated has increased by only 4-74 per cent.
52, or
9-77 per cent,
ST.
LOUTS DIVISION.
Gross Receipts of the railways subjected to the lien of the Mortgage seouring St. Louis Division
The
The Expenses
And the
of Operation, Including
Bonds were
Taxes
$1 ,878,484 03
1,206,369 14
Exoess of Receipts over Opcrniion, Expenses and Taxe=
interest on the St. Louis Division Bonds, and on such bonds of the old Companies as
The rent of those rallwa- 8, lnoludlnK the
had not yet been funded, amounted to
The Earnings
The
of the St. Louis Division
$672,114 89
507,525 00
have exoeeded the Charges by 32-43 percent, or
cost of the St. Louis Division has been
remainder in satisfaction of underlying
liens
augmented by
and charges.
$53,433 07, of
which
$164,589 89
$23,238 43
was
for betterments,
and the
September
THE CHRONICLE.
15, 1900.1
547
LOUISVILLE DIVISION.
The Gross Receipt* of the railways subjeoted
The Expenses of Operation, including Taxes
to the
Hen
of the
Mortgage securing Louisville Division Bonds have been
$4,39?,346 64
3,257,608 01
And the Exoess of Receipts over Operation Expenses and Taxes
There has been paid, inrespeot to those railways, as Rent, and for Interest on Bonds
The Earnings
of the Louisville Division
$1,135,738 63
820,619 70-
have exceeded theJCharges by 3840 per cent, or
$315,118 93
$1,728,280 80
There W8S brought forward on June 30, 1899, at oreditof the Louisville Division Fund
Charges have since been made against that Fund
$891,888 50
For betterments, acquisitions and additions to Louisville Division
For ihe distributive share of the proceeds of the sale at foreclosure of the Chesapeake Ohio & Southwestern
which
were
not owned
Railroad, paid in respect to $234,000 of Seo >nd Mortgage B nds of that, Company
110,827 71
by the Illinois Central R R. Co. and set a*id« in respect to the remaining $56,100 Bonds not owned
For the cost of preferred liens and securities bought, the compensation of the Raorganizatiou Committee,
25,251 13
legal and other expenses
:
1,027,967 34
Total
And
there remained on June 30, 1900, at the oreditof the
The
cost of the
and the remainder
Chicago
—
Fund
CHICAGO & TEXAS RAILROAD.
been augmented by $55,933 84,
& Texas Railroad has
of
$700,313 46
which
$12,233 84
was
for betterments,
for additional securities purchased.
ADVANCES ON ACCOUNT OF RAILROADS IN CONSTRUCTION.
Further advances on railroads in construction have been made to the amount of $3,097,767 64, making the total of
such advances to June 30, 1900, $5,149,857 41. No bonds of the Illinois Central Railroad Company had, up to the close of
the year, been issued in respect to any of these railroads, of which the Effingham District, 88*51 miles; the Omaha Division, 131*02 miles; the Canton Aberdeen & Nashville Railroad in Alabama, 7*84 miles, were then in operation; nor in
respect to the Chicago & Texas RR., 74*70 miles; the South Chicago RR., 4*76 miles, and the Stacyville Rtt., 7*93 miles.
The total length of railroad operated by the Illinois Central Railroad Company on which it had issued no bonds, therefore,
was
314*76 miles.
EFFINGHAM
DISTRICT.
&
Eastern RR. Co., extending from
stated in the last Annual Report, the Railroad of the St. Louis Indianapolis
Effingham Station in Illinois eastward to Svvitz City, Indiana, was, after July 1, 1899, bought in at foreclosure sale by Mr.
The property was thereafter reorganized, and on January 1, 1900. its
J. C. Welling, as Trustee for the Bondholders.
operation was undertaken by the Illinois Central RR. Co. as the Effingham District.
In the Betterment of this property there has been expended during the year $70,803 49, making the total advances
thereon $744,184 34.
As
OMAHA
DIVISION.
Ft. Dodge & Omaha Railroad Company from Tara to
Sioux City Railroad Company. This railroad, which will be
known as the Omaba Division, has been leased by the Illinois Central Railroad Company, on substantially the same
terms as the rest of the Dubuque & Sioux City Railroad viz.: for its net earnings after deducting interest on bonds
secured by mortgage thereon and a sinking fund. On July 20, 1900, this property was mortgaged by the Dubuque
Sioux City Railroad Company to secure an authorized issue of $5,000,000 of Three Per Cent Bonds of the Illinois
Central R.R. Co., of which $4,500,000 will be presently issued and may be fold to reimburse the advances made by the
Illinois Central R.R. Co. to the Ft. Dodge & Omaha R R. Co., including interest thereon and* proper charges for material
furnished and work done. The remaining $500,000 of bonds are reserved for betterments and additions to the property
mortgaged.
Terminals in Omaha and Council Bluffb.
Under a favorable contract with the Omaha Bridge & Terminal Railway Co. the right to use its bridge over the Missouri River at Omaha, its freight houses in that city and in Council Bluffs, and all of its well-located freight yards and
A viaduct connecting the tracks of the Omaha Bridge & Terminal Railway with
facilities in Omaha have been secured.
those of the Missouri Pacific Railway in Omaha is approaching completion. This will afford, on satisfactory terms, an
access to the packing-houses and other industries in South Omaha.
Arrangements have also been made with the Union Pacific RR. Co. for the use of its new Union Passenger Station at
railroad, 131 miles in length, which was built
Council Bluffs, Iowa, has been bought by the Dubuque
The
by the
&
,
&
Omaba, and
of the tracks leading thereto.
LITCHFIELD DIVISION.
Tbe railroad from Springfield by way of Litchfield to East St. Louis, Illinois, formerly owned by the St. Louis Peoria
Northern Railroad Company, has been leased from December 1. 18y9, for a fixed annual rent of $90,000. It is 97*59 miles
in length, and traverses a rich farming country, much of the soil being underlaid with valuable deposits of coal which are
being rapidly developed.
A proposition will be submitted to the Stockholders at their next Annual Meeting on September 26, 1900, to buy this
railroad for $3,000,000 of Bonds of the Illinois Central Railroad Company, maturing in 1951 and bearing interest at the
rate of three per cent per annum, which are to be secured by a First Mortgagee on the property purchased. These bonds
will form part of an authorized issue of $4,000,000. The proceeds of the remaining $1,000,000 of Bonds are to be used for
outlays made since December 1, 1899, and to be made, in bettering, extending and adding to the property mortgaged.
This road is being thoroughly ballasted and in other respects brought up to standard as rapidly as possible.
The contract for running rights over the tracks owned by another railroad company from Pana to East St. Louis,
to which reference was made in the Report for the year ended June 30 1896, has been terminated. The sum paid that
Company during the year ended June 30, 1899, for the joint use of 94*4 miles of its track, was $79,762. The distance from
Chicago to St. Louis by the new route is 292*96 miles, which is slightly (6*38 miles) less than by by way of Pana.
While it is confidently expected that the earnings of the Litchfield Division will from the outset exceed the charges
proposed to be incurred, the chief value of this road lies in its providing, with our existing lines, an independent
railroad of our own from Chicago to St. Louis by way of Springfield, the Capital of the State of Illinois. The population
of Chicago is 1,698,575 and that of St. Louis 575,238.
&
&
ALBERT LEA & SOUTHERN RAILROAD.
Southern Railroad is in effect an extension of the Mona Branch
&
The Albert Lea
Sioux City Railof the Dubuque
road, from its terminus, Lyle, on the boundary between Iowa and Minnesota, to Albert Lea, in the latter State. The
length of this line is approximately 25 miles, and its cost is estimated at $425,000, of which $109,720 32 was advanced during the year under report.
TERMINALS AT NEW ORLEANS.
The Yazoo & Mississippi Valley RR. Co. has provided atHarahan Station, near New Orleans, a Terminal Yard which
is readily accessible from the main tracks of that Company and of the Illinois Central, which, at that point, are used by
both railroads as a double- track road. This Yard is used by both Companies and contains 24 miles of track, with a
similar but more extensive system of gravity tracks for sorting cars than we have as yet found it necessary to provide at
the Fordham Yard in Chicago.
In order to further accommodate the rapidly growing foreign commerce of New Orleans, there has been undertaken the construction of a double- track railroad, from the yards above Louisiana Avenue, along or near to the River
bank, for approximately five miles, to the upper limits of the City, and thence to a connection with the main tracks of
both of the railroads last mentioned. This work is estimated to cost approximately $1,000,000, and there has been expended on it during the past year $180,959 90.
On the completion of this work the single track hitherto maintained in Louisiana Avenue, which, since that track
was laid twenty years ago has become a much traveled street, will be removed.
TERMINALS RENTED TO OTHER COMPANIES.
To the Wisconsin Central Railway Company there have been rented a part of our Terminal Freight Yard in Chicago,
together with the right to use our tracks leadi' g therefrom westward, for some fourteen miles, and the right to use, with
our other tenants, the Central Passenger Station in Chicago and some other facilities.
The amount of rent to be paid by the Wisconsin Central will vary from time to time with the facilities furnished and
the amount of business transacted.
It is therefore impracticable to state in advance the sum to be derived from this
source.
THE CHRONICLE.
548
vol. lx*i.
To the Choctaw Oklahoma & Gulf Railroad Company there has been rented the use of the Passenger Station at Caloun Street in Memphis,
As the Wisconsin Central is operating some 700 miles of railroad in the Territory immediately north of that served by
for nearly 600 miles, through
lie Illinois Central, and as the Choctaw Oklahoma & Gulf runs from Memphis westward
jkansas and the Indian Territory, it is reasonable to expect that the already considerable interchange of business beveen those roads and ours will increase steadily to the mutual profit of the companies directly interested.
To the Kentucky Western Railway there has been rented the right to use a short piece of the track of the Louisville
•ivision and the station facilities at Blackford, Kentucky.
CHARACTER AND WEIGHT OP RAIL9.
the side tracks, excepting 31*66 miles, are laid with steel rails.
The average weight of rails in main tracks is 69-41 pounds per yard, or 109-08 tons to the mile of single track.
Exclusive of the rails in 1,209-50 miles of side tracks, the total weight of all the rails in the main tracks on June 30,
The increase during the year was 46.839 tons.
399, was 416.121, and on June 30, 1900, it was 462,960 tons.
During the year 46*74 miles were relaid with new 75-pound rails, and 213*98 miles with new 85-pound rails. Total
All of the
main tracks and
all of
with new rails, 260-72 miles.
No new rails of a lighter section than 75 pounds were laid.
Of the new mileage taken over during the year, the Omaha
rilman, Illinois, 21 miles, are laid with new 85-pound rails.
Blaid
Division, 131-02 miles,
The lightest rails in main tracks weigh 50 pounds to the yard,
There are laid with rails weighing less than 60 pounds
ftth 60-pound rails
fith rails weighiDg from 60 to 70 pounds
nth 75-pound rails
1th 85-pound rails
nth 100-pound rails
and the second track from Otto
and the heaviest weigh
to
100.
35561
miles,
1.223 79 miles,
59300
miles,
1,578-42 miles,
489-13 miles,
4-08 miles,
Total of Main Tracks.
4,244-03 miles.
BETTERMENTS.
and additions to
their equipment, there was expended during the
For betterments to the railroads in operation,
ear $4,265,618 76. Of this there was paid from the current income of the year, $2,416,674 42, which sum exceeds the
The remainder was provided for by
ost of all the additional new engines and cars bought, which was $2,370,555 50.
harging, as above shown, to the Louisville Division Fund $891,838 50, and by charging to Capital Account $957,055 84.
The character of the betterments and the parts of the railroad on which they were made are set forth in detail in
ne of the tables which follow.
DOUBLE TRACK.
The traffic has in several places reached the limit of economic operation by means of a single track, and is constantly
rowing. During the year 21 miles of new second track were put in service between Otto and Gilman, Illinois, and the
uilding of 84 miles of additional second track undertaken. It seems so certain that a double track will next year be reuired over the whole distance of 200 miles from Chicago to Effingham that authority has also been given for doing the
ecessary grading on the 81 miles of that distance, for which a second track has not been provided. Should business
ontinue to increase, this will be ballasted and track laid thereon next year.
The single-track railroads of the Illinois Central and of the Mobile & Ohio Railroad Companies parallel each other
rom the end of the Cairo Bridge southward for six miles. An arrangement has been made whereby these tracks are to
e used jointly by the two Companies as a double-track railroad. This, with the work already authorized, will furnish
sr our use a double-track railroad from Carbondale, Illinois, to Fulton, Kentucky, which will be continuous for the
'•hole distance of 98*35 miles, excepting only the Cairo Bridge itself, which is to remain single track.
MAINTENANCE OF EQUIPMENT.
It has been customary for some years past to provide for replacing the engines and cars worn out, destroyed or sold
y making monthly charges to Maintenance of Equipment (Operation Expenses), and corresponding credits to Renewal
'unds, and from time to time to buy with the avails of those Funds new engines and cars of greater capacity.
Over and
bove the cost of current repairs there was so charged to Maintenance of Equipment during the year $681,000. With a
art of this sum, and the proceeds of the sale of old engines and cars, 14 new locomotives and 964 new freight cars were
ought to replace a like number disposed of, and a balance of $9,237 56 was carried forward on June 30, 1900, at credit of
tie Renewal Funds.
These fourteen new locomotives are capable of hauling rather more than could thirty-eight of the
Id ones
such as they replaced.
ADDITIONS TO EQUIPMENT.
With the new railroads acquired there were received 17 locomotives, 2 passenger cars, 1,076 freight cars, 15 cabooses
nd 7 work cars.
The following additional new equipment was also bought during the year 33 locomotives, 40 passenger cars, 1 test
ar, 1,953 freight cars, 20 cabooses and 101 work cars.
There were re-built as cabooses 18 freight cars and 2 work cars.
INCREASED CARRYING CAPACITY.
From the new locomotives having a much greater tractive power than the old ones, it results that while the number
:
engines increased by 50, from 763 to 813, or by 6^ per cent, their capacity to haul on a level and straight track inreased by 237,928 tons, from 2,376,844 tons to 2,614,772 tons, or by 10 ger cent.
From the new freight cars having a much greater capacity than the old ones, it results that while the number of
reightcars increased by 3,011, from 29,423 to 32,439, or by 10 per cent, their capacity to carry freight increased by
29,440 tons, from 769,305 tons to 898,745 tons, or by 17 per cent.
This increase in the capacity of freight cars during the past year exceeds the capacity of all of the 8,897 freight cars
rhich were owned by the Company on January 1, 1886, which was 127,747 tons.
On June 30, 1900, the average tractive power of each locomotive was 3,216 tons, and the carrying capacity of each
evenue-earning freight car was 27*7 tons.
f
DIVIDENDS.
not quite fifty years since, by an Act approved February 10, 1851, the State of Illinois incorporated the Illinois
tentral Railroad Company. Changes made from time to time in the date of the Annual Meeting of the Stockholders and
a the term of the Fiscal Year make tbis the Fiftieth Report of the series.
The Dividend paid September 1, 1900, formed the Ninety-first Semi-Annual Distribution made to the proprietors in
It is
ash.
Omitting various distributions of scrip of one kind or another, but including the income taxes paid by the Company
the stockholders on dividends declared and the premium on the dividend paid in gold in 1871, the gross sum paid in
ash as Dividends amounts to $88,977,094 80.
This represents an average payment at the rate of 6-722 per cent per annum upon the capital in respect to which the
everal cash dividends were from time to time declared.
Eight cash dividends were paid prior to 1860, at somewhat irregular intervals, upon the then partially paid in shares
sr
the subscribed Capital.
On January 1, 1860, the practice of regularly paying semi-annual dividends in cash on all of the full paid shares was
egun, and that practice has ever since been adhered to.
On January 1, 1863, the final payments on all of the first Seventeen Million Dollars of the Share Capital were made.
Four per cent was paid thereon in 1863. With the single exception of the year 1877, when a like dividend was made,
he proprietors have ever since received annually at least five per cent and often much more.
During the first ten years of its corporate existence, ending
the Company paid in cash as divi6 December 31, i860,
--'• ''-• rT w :F
ends $739,993 73.
f
From January
From January
From January
1,
1,
1,
1861,
1871,
1881,
1891,
to December 31, 1870, $18,200,608 09.
to Decemb r 31, 1880, $20,871,492 98.
to December 31, 1890, $23,240,000 00
$25,925,000.
Since January 1,
Throughout the past ten years the dividends have been uniformly at the rate of five per cent per annum, excepting
bat the la&t semi-annual payment, made September 1, 1900, was at the rate of six per cent.
While the return yielded by the shares has not of late been commensurate with what might have been expected from
nvestments made so manyyears ago in a territory whioh has developed so amazingly, it must be remembered that the
sarning power of Fixed Capital in the United States is now mueh less than formerly, and, as is so well known, the
September
THE CHRONICLE
15, 1900.]
549
physical condition of your property has been vastly improved during the past ten years. Moreover, no other large rail
road company in the United States maintained a uniform rate of dividend during the trying times through which we
Michhave passed, and only four of them -the Pennsylvania, the New York New Haven & Hartford, the Lake Shore
Alton— paid dividends on their Common Stock which averaged five per cent or more
igan Southern and the Chicago
throughout the past ten years.
&
&
REVENUE AND REVENUE PER MILE OPERATED.
Except in the year ended June 30, 1895, the Gross Receipts from Operation have, for many years past, invariably exceeded those in any preceding year. Although a considerable part of this increase has been due to the operation of added
mileage, as most of tbe new railroads when taken over had been earning much less per mile than the average of the Illinois Central System, it is gratifying to observe, from the table which follows, that, with one further exception, there has
been in each of the past eleven years an equally invariable increase in the Receipts Per Mile Operated. Your property,
from having had in 1890 Receipts Per Mile which were $1,003 less than the average of all the railroads in the United
States, had in 1899 receipts exceeding that average by $654 per mile. The figures for all the railroads for the year ended
June 30, 1900, are not as yet obtainable, but in that year the Gross Receipts Per Mile of the Illinois Central RR. showed a
further increase of $823.
All the Railroads
Illinois Central Railroad.
Tears Ended June 30.
Average Number of
Miles Operated.
2.875
2,875
2.883
2,888
1890
1891
1892
1893
1894
1895
1896
1897
1898
1899
1900
2,'-88
2,888
3,067
3,130
3,775
3,671
3,845
Gross Receipts from
Operation.
Qross Receipts per
Mile Operated.
$16,452,022
17,881,555
19,291,760
20,095,191
20,657,464
19,056.994
22,002,842
22,110,937
27,317,820
28,114,690
32,611,967
$5,722
6.220
6,692
6,958
7,153
6,5^9
7,174
7,064
7,237
7,659
8,482
Number of Miles
the United States.
in
Oper~
aied.
Qross Receipts per Milt
Operated.
156,404
161,275
162,397
169,780
175,€91
177.746
181,983
183,284
184,648
187,535
$6,725
6,800
7,213
7,190
6,109
6,050
6,320
6,122
6,755
7,005
THE YAZOO & MISSISSIPPI VALLEY RR. CO.
The following extracts from the Report of the President to the Board of Directors of that Company for the year
ended June 30, 1900, show the condition and growth of that property:
••The number of miles of railroad operated by the Yazoo & Mississippi Valley Railroad Company throughout the past year
has been 1,001, as again t an average of 955 miles operated in the preceding year, »n increase of 46 miles, or 4*82 per oeat.
" The following is a summary of the Company's business for the year ended June 30, 1900:
Gross Receipts Irom Traffio
$5,300,889 55
Operation Expenses
$3,217,796 24
*
Taxts
177,917 26
3,395,713 50
j
Excess of Gross Receipts over Operation Expenses and Taxes
Interest collected c n investments
$1,905,176 05
Income fiom the year's business
$1,905,539 49
From
363 44
has been paid, for Interest on:
$^,800,000 Y. & M. V. First Mortgage Bonds
this there
$140.000 00
132.960 00
673,280 00
3,324.000 Y. &M. V. 4% Improvement Bonds
16,832,000 L. N. O. & T. First
rtgage Bonds..
M
.
946,240 00
Total of Absolutely Fixed Charges...
Surplus oarried to Profit and Loss June 30, 1900
The following table shows the revenue of the Company from Traffic in eaoh of the past eight years:
$959,299 49
Fixed Charges
Average
Years
Number
Ended
Gross Receipts.
of
June 30.
Miles
Operated.
Expenses
of
Taxes.
Excess of Gross
Exclusive of Interest
Total Income
Receipts over
on Second Mortgage
Including
InExpenses
Income Bonds and on
terest
of Operation
Operation.
ana
on
Investments.
Taxes.
Bonds of the
L. N. 0.
1893....
£07-27 $3,319,131 04 $2,463,653 47
807-27
1894....
3,338,859 50 2.280,370 20
£07-27
1895....
3,331,334 58 2,290,207 50
1896....
807-27
3,529,625 10 2,234,625 51
1897....
607-27
3,^36,513 20' 2,550,633 98
807-27
1898....
4,775,647 53
3,063,975 12
1899....
954*0 4,.^ 76.349 72 3,162,542 37
1900.... 1,000 68
5.300,889 55
3,217,796 24
$96,337 89
>-9,091 40
90,058 53
103,708 84
124,982 09
142,644 26
156.473 10
177,917 26
1 ,260,964
1,569,234
1.257,601
1,905,539
dt
T.
Ry. Co.
$774,412 50
754,495 10
693.722 72
690.522 72
690,522 72
785,202 72
916,680 00
946,240 00
$781,693 02
973,628 85
955.623 98
1,191,359 72
$759,139 68
969,397 90
951,068 55
1,191,290 75
1,260,897 13
1,569,028 15
1,257,334 25
1,905,176 05
Surplus.
Land Grant Income
00
19
63
49
$7,280
219,133
261,901
500,837
570,441
784,031
340,921
959,299
52
75
26
00
28
47
53
49
"The surplus above shown is stated without providing in anv way for the interest on either the 8eoond Mortgage Bonds, or
the Land Grant Inoome B nds, of the Louisville New Orleans & Texas Railway Company, of whioh $9,104,000 and $10,000,000
are respectively outstanding."
All of the Second Mortgage Bonds and all but $96,000 of the Land Grant Bonds of the Louisville New Orleans &
Texas Railway Company are owned by the Illinois Central Railway Company.
Stockholders who may desire a copy of the report of the Yazoo & Mississippi Valley R.R. Co. are requested to write
to the Secretary therefor.
The attention of the Stockholders is invited to the accompanying Balance Sheet and to the Abstracts explanatory
thereof, as well as to the various tables showing in detail the workings of the Company's business.
By order of the Board of Directors,
G. HACKSTAFF, Secretary.
New York, Sept. 7, 1900.
ALEXANDER
GENERAL BALANCE SHEET.
Abstract.
Abstract.
$147,295,185 42
Railroad and Equipment
Real Estate
341,615 67
B
Material and Supplies..
C Btocks Owned
D
Bonds Owned
F
Advances on Account
Railroads in Construc-
2,727,157 05
6,112,908 45
H
Funded Debt
of
St.
Louis
$60,000,000 00
10.0C 0,000 00
Illinois
$104,639,925 00
Central RR. Co
K Funded Debt
of Chicago
& New
Orleans
RR. Co...
36,209,889 12
16,234,000 CO
5,149,857 41
Setapakt to provide for
dividend payable Sept.
2,260,847 50
Profit and Loss
Insurance Fund
Surplus Dividend Fund..
1,800,000 CO
2,910,960 12
1.190l>
Assets in Insurance Fund
Assets in Surplus Divi-
dend Fund
$1,214,620 58
1,046,226 92
$200,097,460 62
G
H
120,873,925 00
700,313 46
1,551,414 54
Louisville Division Fund
E Net Liabilities
tion
G
K
Capital Stock of Illinois
Central RR. Co
Leased Line Stock of Illinois Central RR. Co
1,214,620 58
1,046,226 92
2,260,847 50
$200,09^,460 62
THE CHRONICLE.
550
ABSTRACT "A."
[Vol.
LXM
RAILROAD AND EQUIPMENT.
As shown in
the Report for the year
ended June
3u?/i.
Increase.
1900.
Illinois Central
Chicago
&
RR
SpriDgtield
RR
Kankakpe & Southwestern
South Chicago RR
Blue Island RR
RR
Citv Ry
Stacy vllleRR
& Terre Haute
RR.)
Mound
Canton Aberdeen
&
Nashville
03 76
75,218 45
94
05
97
00
65.2 5 68
1,848/270 31
576.306 93
10,149.254 14
12,412.829 09
1,5h5,16I 19
12,9t8 63
61.576 13
1,983,414 47
75,090 69
6,005 (JO
36,166.4*6 75
21,388.000 00
5,425,000 00
6,005 00
35,788.^15 t>7
21,388,000 00
5,425,000
$51,816.8*3
1,802,070
1,442 018
253,9^9
66 399
1,839,277
581,410
10,245,371
12,466 261
1,651,095
12.968
61,576
•
Chicago Havana & Western RR
Rantoul RR
Chicago Madison & Northern RR
St. Louis Division (St. Louis Alton
Chicago & Texas RR
1899.
RR
HO
79
00
91
13
16
53
16
03
68
13
1, 995, v
& Elizabethtown Ry
Troy & liptonviile RR
Hodgenville
& New Orleans RR
Louisville Division Lease and Mortgage Lien
Lien on Dubuque & Sioux City RR. to secure I.
Chicago St Louis
•
C.
4% Western Lines
Bonds,
$410,768 17
15,152 75
2,468 82
74 00
1,164 26
1,008 82
5, 10 i 23
96.H7 39
53.432 07
55,933 84
$51,406,114
1,786,918
1,43^,549
253,92 1
11
11,789 29
127 76
377,81108
>
$147,295,185 42 $146,264,235 94 $1,030,949 48
Total.
ABSTRACT "C." STOCKS OWNED.
Par
$56,700 00
11,000 00
10,200 00
Illinois Central RR. Co. Stock and Scrip...
Leased Line Stock, Illinois Central RR. Co
Chicago St. Louis & New Orleans RR. Co..
Dubuque & Sioux Oity RR. Co
Mississippi Valley Co
Chicago & Springfield
Book Value.
Value.
00
$56,896 50
10 87" 00
10,200 00
5.966.75W 95
43,125 00
25,000 00
57 00
$10,357,025 00
$6,112,908 45
9,933.100 00
aoo.( oo
RR. Co
oo
25,000 00
Other Stocks
15,0
Note.—As shown in Abstract "I," the dividends received during the year on shares owned amounted
on the par value and 5*13 per ceot on the book value above set forth.
-'5
which
to $313,760;
3 03 per cent
is
ABSTRACT "».» BONDS OWNED.
Par
Book Value.
Value.
$14,000 uO
Illinois Central Gold, St. Louis Division
Illinois Central Gold Fours of 1953
Three and a-halfs
Mississippi Valley Co , Registered 4% Gold Bonds of 1950
Yazoo & Mississippi Valley RK. C\ Gold Improvement Bonds of 1931, Registered
Mississippi Central Second Mortgage (past due)
4,775,658 81
Bonds Pledged—
Sse Abstract 'L" in pamphlet report.
Yazoo & Mississippi Valley RR. Co. First Mortgage Fives
Cherokee* Dakota RR. Co. First Mortgage Fives
Cedar Rapids & Chicago RR. Co. First Mortgage Fives
Louisville
Louisville
Louisville
81
600 00
986 00
$5,047,258 81
$5,048,473 39
2,800,000 00
2,324,538 18
3,930,C09 00
3.930,000 00
35,840,000 00
24,906,877 55
$47,617,258 81
$36,209,889 12
$16,«32,000 00
,
9,10400000
9.904,000 00
Note.—As shown in Abstract "I," the interest received during the year on bonds owned amounted
on the par value and 4-32 per cent on the book value above set forth.
ASSETS
AND
to $1,565,795;
whioh
is
329 per
cent
LIABILITIES.
ASSETS.
LIABILITIES.
Cash
and Loans on Collateral
Due from Solvent Companies and Individuals
Due from Agents
Bills Receivable
Other Assets
$772,9 32
2,939,862
2,155,543
1,025,364
29,250
Bills payable
Audited Vouchers and AccountsVouchers audited prior to June 1. 1900
Vouchers audited for June. 1900
Fund for Renewal of Engines and
61
23
33
63
79
for
Other Accounts Payable
Wages and SalariesDue prior to June 1 1900
Due for the month of June, 1900.
Net Trafflo Balances due to other com
panics
Dividends notcalled for
Matured Interest Coupons unpaid (in
eluding coupons due July 1, 1900)...
Rents due July 1, 1900
1,551,414 54
Total
$359,490 17
1,386,914 82
Automatio Couplers and Air
Due Yazoo & MisVissippi Valley RR. Co
Due Subsidiary Companies
Liabilities.
$500,000 00
9,237 56
Freight Cars
Fund
Balanoe—Net
00
58
00
00
60O 00
2,000 00
$3,100,000 ro
830,000 00
New Orleans & Texas Ry. First Mortgage Fours
New Orleans & Texas Ry. Second Mortgage Fives
New Orleans & Texas Ry. Land Grant Income Bonds
ABSTRACT "E.»
$14,000
29,228
71,000
157,000
4,775,658
00
71.000 00
157,000 00
27,0i'0
123.323 10
1,0>P,153?8
718,951 37
1.283,682 89
4,979,753 89
$221,401 41
1,394.307 65
1,615,709 06
$128,692 20
35,847 30
892,865 68
200,000 00
121,500 00
Miscellaneous.
3,474.368 13
1,257,405 18
$3,474.3fl« 13
Total.
ABSTRACT "M.» APPLICATION OF INCOME.
Dr. Hems.
Surplus Dividend Fund June 30, 18S9, as shown in last report
Net Receipts during tub year ended junk 80, 1900—
From the Operation of the Railway, as shown in Abstract "M"
From the Land Office
From Investments and Miscellaneous Prollts, as shown in Abstract
i
Available for Fixed Charges and Dividends.
$1,005,626 92
"f"
9,742.571 70
30,0 -;> 6
2,411,720 63
$13,190,009 18
September
THE CHKONICLE.
15, 1900.J
551
%i3,iqo,oog ia
Or. Hems.
$2,775,925 00
50.000 00
2,421,089 '.0
Rent
of
Rent of
Dubuque
St.
<fc
Sioux City RR. (including $16,733 60 Sinking Fund on
Louis Division
(St. L.
&
A.
T. H.
I.
C. Gold West-
844.568 08
217,000 OO
627.568 08
RR.)—
Interest on Gold, *t Louis Division, Three
and a-Halfs
...
Dividend, Marob 1. 1900, on Illinois Central Shares
Dividend, September 1, 1900, on Illinois Central Shares.-
8,377,000 12
$60,000,000
60,000,00;)
"
"
6 mos.
•
6
$66,132 24
148,197 76
293,195 00
3^%
® 5%
$i, 5oo,66b
"6%
507,525 00
45,000 00
bo
1.800.000 00
3,300,000 00
2,416,674 42
$12,143.782 20
1,046,226 92
$13,190,009 12
ABSTRACT "I." INCOME FROM INVESTMENTS, AND MISCELLANEOUS PROFITS.
Dr.
Interest on Bills Payable
Fixed Charges of Subsidiary Lines written
$7,534 96
503 500 00
off.
Balance, representing Net Income from Investments and miscellaneous Profits
2,411,720 63
$2,922,755 59
Or.
Interest on Mod ey Loaned
Interest on Bonds Owned
Interest collected on Notes Receivable
Dividends on Shares
$447,284 59
1,565,795 OO
43,196 68
Owned
313,760 00
Interest on Securities in Surplus Dividend
Hterling Exobange
Fund
$40,600 00
8,552 32
67 00
Sundry Profits
49,219 32
Bonds of Subsidiary Lines pledged to secure $15,000,000
1952-$16,350,000 Fives
Less Interest Collected—
From Y. & M. V. RR Co. on its Gold Fives
From Dubuque & Sioux Citv RR. Co On Cherokee & Dakota RR. Co. Fives
On Cedar Rapids & Chicago RR. Co. Fives
Interest on
Illinois Central
Fours of
$817,000 OC
$140,000
155,000
41,500
South Chicago RR. Co. Fives..
Interest on Canton Aberdeen & Nashville RR. Co. Note given for Bonds canceled
336,500 00
$481,000 00
10,000 00
12,500 00
v
£03,500 00
$2,922,755 59
PERMANENT IMPROVEMENTS CHARGED TO CAPITAL.
Amounts
Defrayed
Expended dur- from Income
ing the I ear
of the Tear
Ended June Ended June
BY KOADS:
30, 1900.
Illinois Central
Chicago
Railroad
& Springfield Railroad
Kankakee & Southwestern Railroad
South Chicago Railroad
Blue Island Railroad
Chioago Havana & Western Railroad
VS.
Rantoul Railroad
"""."."
Chicago Madison & Northern Railroad
VS..
St. Louis Division (St. Louis Alton & Terre Haute Railroad)
Chioago & Texas Railroad ,$27,460 84 less proceeds sale of Steamer " Marian" $15,227)
Canton Aberdeen & Nashville Railroad
Hodgenville & Eiizabethtown Railway
Chioago Sr. Louis & New Orleans RailroadMain Line, iucluding Memphis Division and Kosciusko Branch
$3"'7,811 08
Louisville Division
891,888 50
74 00
127 76
$891,888 50
distributed as follows:
Station Grounds acquired
Station Grounds— Improvements
'.. .
~ ~
"111"!.
~
SS.VS.
*
~
<
Build ines
8idings
Cattle Guards and Crossings
lillim
I"""!"!!!"!!"!
..."."."..*..."."
Fencng
"."""."I"
.........
Ballasting
Interlocking
Block Signals
"!^".!"!]"!J""""
.'..'.".
-.*.".".*."."..".""."".""."...".
Lake Front Improvements, Chicago
Filiintr Lake Front between 30th and 39th
New Second Main Track
Raising Giade of Tracks
Streets, Chicago
VS....... '.'.VS.'. VS.. .......
I
VS.S.V.VS.
Reduction of Grades
Widening Roadway
V. S.VSSS.WSS. .........
Grays Point Extension of the Chicago A Texas RR
V~W.V~WIVVSS
Connecting Tracks of Chioago & Texas RR. with St. L. A. & T. H. RR. at Murphysboro, 111
Connecting Tracks with Coal Mines at Cartervllle, 111
Levee Connection Tracks, New Orleans
Branch of C. 8t. L. &N O. RR.— Dyersburg, Tenn., to Obion River.
Elevation St. Charles Air Line. West Approach. Chioago (this Company's proportion)
Elevation East Approach, St. Charles Air Line Tracks, Chioago
Elevation of C. M & N. Tracks at 16th St., Chicago
Elevation of C. M. & N. Tracks at Ashland Avenue, Chicago
Canton Aberdeen & Nashville Extension
New
Engines and Freight Cabs Bought or Built to
7 10-Wheel Passenger Locomotives
24 10 Wheel Freight Locomotives
1 12 Wheel Freight Locomotive
1 Consolidated treight Locomotive
$108,150 00
284,400 00
15,"?00 00
15,700 00
Equipment Purchased
Replace Old Ones:
in
Addition to
$37,248 21
196,261 50
9,6 4 29
*
Bridging
Waterworks
17
75
82
00
26
82
23
39
43
1,164
1,006
5,103
96,117
23,238
12,233 84
11,789 29
26
82
23
39
43
84
29
127 76
1,164
1,006
5,103
96,117
2H.238
12,233
11,789
Way Lands acquired
Locomotives:
$410,768
15,152
2,468
74
377,811 08
$4,265,618 76 $2,416,674 42 $891,888 50 $957,055 84
,
„
Construction—
Charged
to Oapital.
Fund.
30, 1900.
1,269.699 58
New
Louisville
Division
$2,827,442 59 $2,416,674 42
15,152 75
2,468 82
."
Total
Charged to
2,032
135,919
26,897
366,948
3,612
17,072
28
14
63
84
53
29
24.1-J2 «7
40.900
65,921
547
16.555
57,040
87,114
652,142
06
1,637
1.257
1,697
12,001
64.559
49
04
25
14
94
H4
9K
44
M
60
50
884 hO
6,260 75
328 51
9.183 55
5,925 38
9,0 5 34
$1,852,793 81
:
THE CHRONICLE
552
[Vol. LXXI.
Brought forward
Passenger Care: 15 First-Class Coaches
6 Buffet Library Cars
9 Chair Cars
4 Dining Cars
6 Baggage Cars
Test Car: 1 Dynamometer Car
2,091 21
Freight Cars: 1,4*3 41-Ton Box Cars
500 40-Ton Coal Cars
iO Caboose Cars
Work Cars:
Less: Marine
1,139,659 00
390,847 42
14,039 34
100 Rodger Ballast Cars
1 Piie Driver
New Shop Machinery and
$/,Ss2,70J 81
$423,05000
$122,025 00
58,224 00
72,463 50
48,666 00
28,020 00
69,056 57
1,463 46
$2,370,555 50
57,496 45
Tools
Equipment— Prooeeds
$2,428,051 95
15,227 00
of sale of Steamer "Marian"
Total of Permanent Improvements
$2,412,824 95
4,265,618 76
Less defrayed from: Louisville Division Fund.
Income of the Current Year
$891,888 50
2,416,674
42"
3.308.P62 92
$957,055 84
Total charged to Capital
THE CHESAPEAKE & OHIO RAILWAY COMPANY.
TWENTY-SECOND ANNUAL REPORT— FOE THE FISCAL YEAR ENDING JUNE
Richmond, Va., September
To
the Stockholders of the Chesapeake
&
6,
Ohio Railway Com-
submit herewith their report for
year ending June 30. 1900
of Directors
MILEAGE OPERATED.
Main Line— Furt Monroe, via Newport News—
and comparison with
30, 1900,
1899.
1900.
,
Washington Line-Gordonsville
to
6«41
23'
"8
208 4
935
93.5
2475
235-2
30-9
11*8
Total
..1,476-2
Second track
128-6
Sidings
5276
Sidings on branches operated for account of
1,4448
31-4
98-2
494-4
304
D32
5-9
3-0
2-9
2,138-3
2,040-4
979
owners
all
tracks
12-3
19
1
Washington Line is operated under
trackage agreements with the Southern Railway and the
Washington Southern Railway, and 9-0 miles under a lease
from the Southern Railway.
105*7 miles of the Louisville Line is operated under trackage agreements with the Ashland Coal & Iron Railway and
the Louisville & Nashville Railroad.
84*5 miles of the
I<\09i,l44 20
I.
Gross Earnings
13,402,070 27 12,009,839 15
Expenses—
Maint. of Way and Struct's 1,865,413 75
1,613.867 05
Maintenance of Equipment 1,909,24146 1,708,246 65
Conducting Transportation 4,6-'6,309 74 4,100 926 62
General Expenses
235.022 23
245.820 42
Taxes
419,32140
380,853 31
I.
Operating Expenses
9,087,638 68 8 077,384 01
(67-3%)
P. or., of exp. to earn
(67-7%)
Net Earnings
4,314,43159 3,932,455 14
To which add:
Income from Other Sources
148,371 28
100,157 75
J.
Passenger Traffic
Express Traffic
Gross Income
4,462,802 87
251.546
200.994
I. 585,383
I. 10,798
D. 38,468
1,010,254
I.
381,976
J.
J.
48,213
430,189
60,031 41
3,133,097 25
35,243 28
122,950 44
97,046
24,838
D. 122,950
15,996 07
35,19129
D. 19,195
3,306,220 99
1,'.56,581 88
3,326,482 26
706,130 63
Interest. Die. and Exchange
Rental of Joint Tracks
I.
I.
Proportion Bond Discount
and Adjust,
of Old Aoc'ts
Total Deductions
Net Income
From
D. 20,261
I.
income for the year
the following amounts have been deducted:
450.451
.$1,156,581
this net
to Orange...
Ky
348,695
to credit of Profit
30,
90
4-2
and Loss
and Loss June
$2,147,579 88
1899
Deduct:
$60">,278 00
Dividend No. Ipaid Oct. 25, 1899
Discount on C.& O. General Mortgage 4"s%
1,103.513 01
bonds sold to June 30. 1900
133,821 56
Taxes accrued to June 30. not due
52,51183
Sundry aooonnts charged off
$1,695,124 40
&
Big Sandy RR. Ashland Jet. toLtoking River.142-7
Covington Short Route Transfer Ry., Licking River to
K. C. Junction
0'8
Cov. & Cin. Elev. RR. & Transfer & Bridge Co., K. C. Jet.
to Cincinnati
Balance to credit of Profit and Loss June 30, 1900
145-6
?0, 1P00. June 30, 1899.
$60,527.800 00 $;0,51 3,900 00
13,600 00
18,^00 00
1,700 CO
4,000 00
Common
First Preferred
Seoond Preferred
$60,543,100 00
18V0
$13,900
D. 4,900
D. 2,300
$60,^36,400 00
30, 19C0.
June 30, 1899.
$25,858,000 00
$25,858,000 00
27,303,000 00
26,054,000 00
2,013,3*4 17
2,000."
00 00
142,000 00
2,013.354 17
2,000.000 00
142,000 00
1989
6,000,000 00
6,000,000 00
4% 2nd Mtge. Bonds,
Rich. & Al. Div, 1989
5% let Mtge. bonds.
1,000,000 00
1,003,000 00
3,007,000 00
3,007,000 00
650,000 00
650,000 00
400,000 00
400,000 00
422,000 00
370,000 00
45,'' 00 00
36,000 00
$68,803,354 17
$67,575,554 17
June
19-8
5%
12 6
413%
Roads Operated for Account of Owners.
Con.
Mtge.
Bonds, 1939
General
Bonds, 1992
Mtge.
6%
1st
Series
A & B Bonds,
1908
4-0
6% Gold Konds, 1911..
6% Gold Bonds, 1922..
4% let Mtge. Bonds,
n-i
4-2
..
J.
I.
$6,700
FUNDED DEBT.
Ry., Mt. Sterling Vo Roth well. 19-5
"
$1,060,341
CAPITAL STOCK.
g-1
Kinniconnfck & Freestone RR., Garrison to Carter, Ky.
Greenbrier & New River Railroad, South side New River.
252,455
June
2-1
Elizabethtown Lexington & Big Sandy RR., Big Sandy
River to A. C. & I. Jot. and Strait Creek to Lexington... 109-2
Ohio & Big Sandy Railroad, Hampton to Peach Orchard
48 2
Ohio River & Charleston Ry of Ky., Richardson to White
$807,836
of Profit
Roads Operated Through Ownership or Stock.
Deepwater Railroad
1,392,231
I.
I.
4,032,612 89
deduct:
Interest on Funded Debt.. 3,230,143 51
Amount to credit
132
Sulphur Mi" es Railroad
Alberene Railroad
QuiDnimont Short Line Railroad
Keeney's Crrek Railroad
7.80,722
From which
Balance
Roadb Leased.
House
Kentucky & South Atlantic
1,032,265
I 2*9.023
J. 18 497
J. 1,721
Miles
877-5
Maysville
$
9,062.878 92
2,681.07637- 2.422,052 59
171.907 9)
1 53,410 17
322,956 57
324,678 22
129,263 58
48,510 90
and new equipment
Fort Monroe to Big Sandy River west of Kenova
512-0
Fulton (Richmond) to Clifton Forge (R. & A. Division)... 23 1-4
Branches in Virginia and West Virginia
134-1
Lexington Belt Line Railway, at Lexington,
Freight Traffic
$
Extraordinary expenditures for real estate
Roads Owned.
Orange Branch, Southern Ry., Gordonsville
$
1899. Inc'se.
Washing-
ton
Branches owDPd
Branches operated for aocount of owners
Inc. or Dee.
1899.
Earnings—
Transportation of Mails
Miscellaneous Sources
toCincinnati
6641
James River Line- Richmond t'> Clifton Forge. 231-8
Louisville Line— Ashland to Louisville
2084
Total
For the year ending June
1900.
the fiscal
1900.
GENERAL INCOME ACCOUNT.
1990.
pany.
The Board
30,
78
Rich.
3^8
30-9
Joint Trackage.
Baltimore & Potomao and Washington Southern, Washington to Alexandria
6-7
Southern Railway. Alexandria to Orange
77-8
Ashland Coal & Iron Rv.. Ashland Jot. to Strait Creek
213
Louisville & Nashville Railroad, Lexington to Louisville. 84-4
Southern Railway, at Richmond
0-4
Baltimore* Ohio Railroad, at Lexington, Va
1-0
& Al. Div
Eliz.
Lex.
Sandy, 1^02
&
,
Soge. Br. 1941
1,476-2
$1,254,000
Big
5% 1st Mtge. Bonds,
Craig Val. Br.,1940.
5%lstM Bonds, Warm
191 6
I.
5% 1st Mtse. Bonds,
G. & New Rlv. 1942..
8% Manchester Bonds..
5% Manchester Bonds..
52,000
45,200
D. 36,000
/.
D
/.
$1,224,800
September
THF CHRONICLE
15, 1900. J
General Mortgage
4^
bonds amounting to
$1,000,' 00, re-
ported in the treasury at the date of the last annual report,
together with $1,^50,000 additional bonds, were sold to provide funds for payment on new work in progress. The
additional $4,000 bonds issued during the year were in
exchange for Preferred Stock.
The increase in Greenbrier & New River Railroad bonds
($52,000) is the amount expended for construction on that
June 30th.
The decrease in the Manchester bonds is due to the sale
of the Manchester water power, and the assuming of
these bonds by the purchaser. In addition your Company
received $160,000 in cash for this property, which has been
deposited with the Trust Company, the same to be applied
toward the improvements in Richmond.
The sale of $1,500,000 additional General Mortgage i%4
line to
bonds has been regotiated, these bonds to be delivered.
September 1st, making an aggregate issue of $4,750,000
since July 1st, 1898 $1,250,000 fur the purpose ot construct
ing fifty miles of second main track (the directors having
authorized twenty miles additional during the past year),
—
the balance, $3,500,000, for the construction of additional
terminals at Newport News; elevated double track and
station at Richmond, and the Piney Creek Branch, also for
the purchase of the securities of the Guyandot Valley Railway; the Ohio River & Charleston Railway of Kentucky, and
the Coastwise Steamship Compan>
Including the $1,500,000 bonds sold for delivery September 1st, the fixed interest charge for the year will be
.
Paid to June 30th
Total
30th, 1900
SECURITIES.
June
30, 1900.
to
Complete.
Second traok, 50 miles (302 miles com$715,235 79
plete I
piers
Two
and a grain elevator at Newport News, inoluding 9-2 miles yard
tracks and neoessary dredging
•Richmond improvements, including
land purchased
PI ney Creek Branch (1* miles), inoluding necessary yard tracks
.
Advances made to Guyandot Valley
Railway (28 miles)
Purchase of Ohio River & Charleston
Railroad of Kentucky
Purchase of coastwise Steamship Company's securities
Total
$504,761 21
Balance as per balance sheet
644,535 72
247,216 41
1,352,793 59
380,943 53
10 ",893 42
126,500 00
314,500 00
1st, l,f
"
"
•'
"
"
"
"
January 3d, 1911
June
15th, l»0l
lf>th.
"
Sept.
Sept.
"
"
June
October
1st.
1st,
Grand Total
$817,245 51
131,04072
$949,186 23
$3,773,056 34
$3,229,127 45
1899 and provided
Included in the Operating Expenses are the following
items
Maintenance of Way and Structures.
:
New sidings complete,
18-4 miles
$77,17183
Grading for additions to yards at Hinton, Thurmond and
Handley, «-3 miles (not completed)
35,462 64
Additions to yards at oiifton Forge, 9-9 miles of traok, inoluding expensive grading
79.52R 10
Change of grade at Toano, South Ripley and Wilsons
8.309 81
New buildings
50,197 54
New steel bridges and masonry, replacing wooden or
liglr iron bridges
14*,71>90
.
Ballast
75, s 28 72
232,2*6
106,6^2
11,878
7,&26
taken up
Interlocking and block signals
Miscellaneous
Total
5«
28
17
99
$828,565 54
Note.— 9-2 miles yard
traoks at
Newport News
the above and the cost charged to Construction.
built in addition to
Maintenance of Equipment.
5 Locomotives
$f"0,693
674 Freight Cars
1 Tug and 3 Coal Barges
04
319,456 44
*7,214 40
.
Total
$107,368 88
Conducting Transportation.
Rental of Joint track, heretofore deducted from income... $120,647 8S
Total....
$1,356,582 3o
In addition to the Equipment charged to Operating Expenses there has been purchased and charged against income as extraordinary expenditure the following
20 Locomotives
$257.9»7 00
8 Passengpr Cars
66 755 30
:
lDlningCar
13,6
18
,
at Charlottesville
>1
20th, 190*
1901
1904
6 015
0"»
12.175
3,333
6,^69
9,116
00
33
33
67
:
$1,641,467 10
Total
The 25 Locomotives and 100 Coke Cars are to be paid for
upon delivery.
The payments on the 1,500 Coal Cars are to run throueh
five years, ownership to remain with the car-building company until final payment is made. Monthly payments until
July 15th, 1905
$19,372 60
TRAFFIC COMPARISON.
1909.
Inc. or Dee'
1899.
4,679,397
4,071,131
7.608,266
to. s
5,067,443
Total freight carried—
tons
9,746,840
Tons carried one mile. 2,946,894,104
Average miles each ton
4,059,530
7.1037.913
S.l^O.eBl
2,506,145,852
7.1.616,179
7.440,748,252
Other freight carried—
earned
.
train
302
308
6,044,579
5,891,825
7.152,754
488
425
7.63
21
19
7.2
$103
$111
D. 08
3'43
3*62
$167
$154
7>.
6
Average number of tons
of freight per car
Average
earnings per
ton
Average earnings per
(mills)
7>.
19
....
$33«.372 48
10,323 10
$318,695 58
Your Company owns and has fully paid for 12,371 freight
cars, and it has in its possession partially paid for 4,800 additional cars, costing: $2,361,485 00, the title of which is
vested in the car- building company until final payments are
0'13
J.
Passenger—
$2,279,941 22
$824,613 77
'$214,147 93 expended for real estate J prior to
for by previous issue of bonds.
less old rails
19
$11427 50
Contracts were executed in the latter part of 1899 for additional equipment, as follows
25 Locomotives, to cost
8103,075 00
1,500 Coal Cars, to cost
1,1 62,3 ^6 10
76,036 00
100 Coke Cars, to cost
earnings of
trains per mile run
732,111 07
$2,948,442 57
Total
made.
oars, until
:
Average
Issue of Bonds:
Advances made to Greenbrier Railway
acoount construction (9H miles)
$771,554 49
Advanoes made to Greenbrier & New
River Riilroad account construction
(5 8 miles)
53,059 28
Total
00
'00
2n,
3d, 1,000
&00
4th,
5th,
800
6th. 1.00J
ton mile
71,90000
$1,597,363 21
Monthly payments as follows
Freight train mileage*..
Average number of tons
of revenue freight per
To be Provided fob by a Separate
„
Real Estate
764,121 79
Coat a a coke carried—
tone
Provided for by the Issue of 4*2% General Mortgage Bonds.
Expended to Estimated A mt
_
$2,331,485 00
against operating expenses to June
Amount charged
Fbeight-
NEW CONSTRUCTION AND PURCHASE OF
Grand
$1,117,230 82
1,244/254 18
Remaining payments
$3,331,281 24.
New ties
New rails,
653
Passengers carried. ...
2,538,529
Passengers carried one
mile
135,852,014
Average earnings from
each passenger
$106
Passenger train mileage*
2,723,228
Average number passengers carried per
train mile
50
Average earnings per
passenger per mile
(ots.)
1-97
Average earnings per
passenger train mile,
including mail and ex-
2,211,531
130,190.058
7
324,998
5,661,956
$109
D. "03
2,689,863
7.33,360
48
7.2
«
$116
press
7.
186
7.
-11
$103
7.
-08
Including light mileage, but excluding mileage
engine when double-heading.
made by second
REMARKS.
A dividend of
income June
the
sum
one per cent was declared from the net
payable October 25, 1899, for which
30, 1899,
of $605,278 was required.
piers and gram elevator at
The two new
have been completed.
Your terminal
Newport News
facilities at
that
point, consisting of a passenger pier, four merchandise and
three coal piers, two grain elevators and 65 miles of yard
tracks, are amply adequate to handle the present business.
The substructure of the elevated line through Richmond,
connecting the three divisions centering in that city, is
nearing completion. The superstructure, as well as the
union passenger station, should b9 completed in June, 1901.
The latter is being constructed jointly with the Seaboard
Air Line Railway, each company assuming one-half of the
total cost.
The completion of the Richmond improvements will provide your company with adequate facilities for handling
the growing business, and make possible a substantial
reduction in the expense of operating the terminal.
The Piney Creek Branch (16 miles in length) diverging
from your main line at Prince, W. Va., is still under construction, but should be completed before the close of the
calendar year. The bridge across New River and seven
miles of track have been built.
The Guyandot Valley Railway (28 miles in length), leaving your main line at Barboursville, W. Va. a station nine
miles east of Huntington — is also under construction and
should be completed in November, 1900.
The extension of the Greenbrier & New River Railroad—
a coal branch located on the south side of New River (5-8
miles) to a connection with your main line near Hawk's
Ne.«t station
is in progress and should be completed in
December, 1900, thus providing a duplicate line from Thurmond to Hawk's Nest, a distance of 18-4 miles. This extension will develop additional coal properties, as well as provide additional facilities for the movement of the coal
—
—
:
THE CHKONTCLE.
554
traffic
originating in that
vicinity.
Greenbrier
& New
raided
in
[Vol. LXXI,
capacity five
tons each.
The
total
cost
was
bonds (guaranteed by your Company) to the $69,104 93.
Your freight cars are now equipped with automatic
amount of $185,000 have been authorized and are being
issued as the work progresses; $52,000 were issued during couplers and 65£ with air-brakes. No charge to Capital
the year to cover advances made by your Company and are Account has been made to cover this expenditure.
The average capacity of your revenue freight cars is now
now in the treasury.
The Greenbrier Railway Company is building a line up twenty-n'ne tons.
Mr. M. E. Ingalls, who for a period of nearly twelve years
the Greenbrier River from Whitcomb (a station on your
main line three miles east of Ronceverte) to a connection had been a director and the President of your Company,
with the West Virginia Central & Pittsburg Railway at tendered his resignation at a meeting of the Board held
the forks of Greenbrier River, a distance of 96 miles January 31st, 1900. The resignation was accepted with
About 25 miles are completed, and the grading on the re- regret, and a res r lution adopted, which appears in this remaining portion far advanced. It is proposed that its 4 per port, expressive of the appreciation by the Board of his decent first mortgage bonds shall be guaranteed by your Com- votion to the interests of the Company during the period in
pany, running forty years, with a sinking fund provision, which he had acted as its chief executive officer.
Mr. Geo. W. Stevens, the General Manager, was elected a
and be issued to the amount of $2,000,000; from the sum realized by the sale thereof your Company's treasury will be Director and President to succeed Mr. Ingalls, the position
of General Manager remaining vacant.
reimbursed for advances made for construction purposes
On the same date Mr. Geo. T. Bliss resigned as First ViceYour Company has acquired by purchase the securities of
the Ohio River & Charleston Railway of Kentucky, covering President, and Mr. Decatur Axtell, Second Vice-President,
8'1 miles of road, extending from Richardson, on your Big was elected in his stead, and the office of Second ViceSandy Division, to White House, and has also purchased the President abolished.
On the 13th day of March, 1900, your Board lost a valuaentire capital stock (1,000 shares) and the first mortgage
bonds ($636,800) of the Coastwise Steamship Company, ble member in the death of Mr. C. H. Coster, who had been
which owns three ocean tugs and fifteen barges, and leases identified with the Company since its reorganization. At a
three steamers engaged in the coal carrying trade between subsequent meeting of the Board a resolution was adopted
with reference to Mr. Coster's death, which appears in "this
Newport News and New England.
In accordance with the contract with the Chesapeake & report.
At a meeting of the Board on the 28th day of March, 1900,
Ohio Steamship Company, Limited, your Company has advanced during the year the sum of §4«,850 00 for the pur- Mr. H. McK. Twombly was elected to fill the vacancy caused
chase of bonds for cancellation and $71,645 80 to recoup the by the death of Mr. Coster; Messrs. Geo. T. Bliss, W. S.
steamship company for loss in opeiation, a total of $120,- Horn, Samuel Spencer and Chas. D. Dickey Jr. resigned as
495 80 having been deducted from your gross earnings for members of the Board of Directors, and Messrs. S. M. Prevost, H. J. Hayden, Samuel Rea and N. Parker Shortridge
this purpose.
Heretofore, when sales of your General Mortgage £% per elected in their stead.
cent bonds have been made at less than par, the discount
The General Balance Sheet is appended hereto and also
was carried as an asset under head of "Discount on ±% per other statements and statistics, to which attention is
cent bonds sold," and annually a proportionate amount directed.
thereof has been charged against Income Account. BelievThe accounts of the Company, as has been the custom
ing that a more conservative course would be to the interest heretofore, have been examined by Messrs. Patterson, Teele
of the Company, your Directors have decided that the sum & Dennis, certified public accountants, and their certificate
of $1,103,513 01, representing the balance of discount on all appears in this report.
bonds sold to June 30, 1900, should be taken from the assets
The Board makes acknowledgment to the officers and
of your Company and charged to Profit and Loss Account. employes for the fidelity and efficiency with which they
Your Directors call attention to the increase of about have discharged their duties during the past year.
20$ in the tonnage moved and the decrease of over 5%
By order of the Board,
in the revenue per ton mile, the latter having reached the
Geo. W. Stevens,
low figure of 3 43 mills per ton mile. Notwithstanding this
President.
extremely low rate, freight trains earned $1 67 per mile
run, an increase of 8*5$ as compared with the previous
RESOLUTION ADOPTED BY THE BOARD OP DIRECTORS
year, due to the better loading of cars and larger trains.
JANUARY 31, 1900.
The average tons of revenue freight per train was 488 tons,
At a meeting of the Board of Directors held in New
an increase of 14-8$ as compared with the previous year.
There were laid 17,747 tons of new steel rails in the main York Wednesday, Jan. 31, 1900, the following resolution
tracks and new second track during the year equal to 143-4 was adopted
"That in accepting the resignation of Mr. Melville E.
miles. The main lines are laid with 70, 75 and 100-lb. rails,
with the exception of about 50 miles, which are now being Ingalls as the President and as a Director of this Company,
renewed. At the close of the year there were in the main this Board deems it fitting to put on record its recognition
River 5%
-
:
tracks 147 miles of 100-lb., 821 miles of 75
and 115 miles and appreciation
lb.
of 70-lb. rail.
There were used in maintaining existing tracks 630,307
an increase of 141,2'4 as compared with the previous
year. In addition 156,205 were used in the construction of
sidings and new second track.
There was purchased for use in maintaining the main
tracks 284,725 yards of ballast, an increase of 74,658 yards as
compared with the previous year.
The wooden structures spanning water ways in the main
line between Gordonsville and Cincinnati have been practically eliminated, but eight culverts (aggregating 308 feet)
remaining in the track at the close of the year, for which
permanent structures are being substituted. The elimination of structures of this character on the Peninsula, James
River and Lexington divisions is in progress.
ties,
A new passenger station
of his devotion to the interests of the
Company during the twelve years in which he has been its
President. Under his management and through his foresight and energy, the Chesap-ake & Ohio Railway Com-
pany has
risen from a discredited and inefficient line of
insignificance to a prosperous and thoroughly efficient
trunk
line.
"The
relations between Mr. Ingalls and his Board have
always been especially cordial and friendly, and their severance is accompanied by sincere regret on the part of the
Directors. They desire to express to Mr. Ingalls their kindly
personal remembrances of their long association with him,
and also their best wishes for his continued welfare."
RESOLUTION ADOPTED BY THE BOARD OF DIRECTORS
MARCH
was erected
at Hot Springs at a
cost of $9,949 and a coaling station at Clifton Forge at
a
cost of $15,394 30. The placing in service of the latter has
reduced the cost of handling fuel coal at that point fiftv
per cent.
New station buildings and block signal cabins were
erected at several other places.
Your Company joined with the citv of Newport News in
the erection of two overhead bridges at 25th and 34th
streets, the expense being divided equally the
Railwav
Company's proportion being $31,327 97. There is one additional street (28th) to be provided for. the cost
of which
will appear in the expenses for the ensuing year.
New poles were furnished for 120 miles of telegraph line
and 200 miles of new wire strung.
Extensive repairs were made to 233 engines, an increase
of 41 over the previous year. The average amount
expended
for repairs per engine owned was $1,412 12. There
are 32
engines in the shop undergoing repairs at the end of
the
year and none awaiting shop. All are equipped with airbrakes and automatic couplers, twenty-one having been
equipped during the year.
An average of $653 35 per car was expended for repairs on
the 221 passenger cars and $18 60 per car on the 17 170
freight cars owned.
Air-brakes were applied to 403 and automatic couplers to
1,253 freight cars at the Company's shops; 322 cars were
;
At a meeting
Wednesday, March
of the
28, 1900.
Board of Directors held in
28, 1900,
New York
the following resolution was
adopted
" In the death of the late Charles Henry Coster this Board
has suffered a very serious loss— a loss that is almost irreparable for those of us who for so many years have found in
him a colleague and adviser, gifted with unusual sagacity,
quickness of apprehension and ability of execution.
"As a member of our Executive Committee for twelve
consecutive years, he has shown a marvelous grasp of the
many improvements and changes which from time to time
have become necessary, and we feel that it is in a great
measure due to his unequaled ability and untiring energy
that this Company now occupies its present high position
among
the railroads of this country.
careful and conservative, he was. when
the occasion demanded, courageous and far-sighted to a
remarkable degree.
"As a friend he inspired confidence and esteem, and it is
as a friend as well as a colleague that we deeply mourn the
loss that we have suffered by his death.
"It is hereby resolved that this expression of our feelings
be duly entered upon the minutes of this meeting, and that
the President of the Company be instructed to have a copy
of the same suitably engrossed and forwarded with our
deepest sympathy to the members of his family.''
"Though always
5
September
Andrew
S.
Rodney S.
John Whltmore.
Inc. or Dee.
jo Broad
85
Capital Stook,
"
Street,
«
New York.
10
Light
St.,
Telephone, 3065.
Cable Address, "Diatnus.'
York, September
7, 1900.
&
We have made
an examination of the books and accounts
& Ohio Railway Company for the fiscal
year ended June 30th, 1900, and hereby certify that the Balance Sheet and Profit and Loss Account, published herewith,
are in accordance with the books, and in our opinion truthfully set forth the result of the year's operations and the financial condition as at June 30th, 1900.
of the Chesapeake
Five per cent 1st Con. Gold
Mtge. Bonds, due 1939. .28,858,000 00
4^ per cent General Mtge.
Gold Bonds, due 1992.. .27,308,000 00
Six per cent Series A Gold
2,000,000 00
Bonds, due 1903
Six per cent Series B (and
13,354 17
scrip) Bonds, due 1908..
6p.o.OoldBonds,due 911. 2,000,000 00
142,000 00
6p.c.Gol" Bonds,dnel922.
4 p. c. 1 st Mtge Gold Bonds,
&. & A. Div., due 1*89 .. 6,000,000 CO
4 p. o. 2d Mtge. Gold Bonds,
R. &A. Div., due 1H89.. 1,000,000 00
5 p o. st Mtge. Gold Bonds,
E. L. &B. -4. RR, due 1902 3,007,000 00
5 p.o. 1st MtseGold Bonds,
Branch,
Craig Valley
650,000 00
due 1940
5p. o. IstMtge. Gold Bonds,
Warm Spring Branoh,
400,00000
due 19'1
5 p. o. 1 stMtge. Gold Bonds,
422,000 00
G.&N.R.RR., due 1942..
Manchester 8 and 5 per
cent Bonds
$
30TH. 1900.
Comparison with
June 30th, 1 899.
$
$
125,762,169 81 7.1,781,163
Discount on 4*2% bonds
D. 981,553
gold
Cost of—
K. & P. RR. First Mortgage Bonds
C. & O. Steamship Company Stock
O. R. & C. Ry. of Kentucky
Stock
Guyandot Valley Railway
Stock
Coastwise Steamship Com-
100,00000
706,332 57
71,900 00
126,500 00
pany Securities
Sundry Securities
C.
& O.
J.
J.
732,11107
2,728,008 49
68,800,354 17
2.
1,224,800
129,343,454 17
2.
1,231,500
126,500
Ocstof G. &N. R. RR
Sundry construction Ac-
452,000 00
counts
Real Estate
Norfolk Terminal Property
23,816 09
35,338 49
43,783 61
D. 283,314
2.35,338
2.3.793
559,938 19
7>.
331,236 75
423,494 72
2>.
129,804,847 96
2.
212,810 97
1.965 00
Shareholders
Pay- Rolls and V uchers... 1,052,564 00
12rt,374 86
Due to Railways
41,064 64
Due to Individuals & Co.'s.
339,864 66
Sundry Ac ounts
133,821 56
Taxes Accrued, not due ...
Interest accrued on Funded
769,205 22
Dabt
Profit
and
527,470
7,200
2.
1,965
217,898
D. 38,674
7. 10,<U8
2. 235,398
2. 133,821
7.
32,780
7. 601,307
2,677,670 91
1,060,341 78 D. 1.087 238
134,325,721 c4
7.
1,12-9,^54
liable as guarantor of the—
Norfolk Terminal & Transportation Co. 1st M.. $500,000 00
830,000 00
C. & O Grain Elevator Co. 1st Mortgage
Note.—This Company is]also
C.
& O. Steimship Co., Ltd.,
vamount outstanding)
1st
Mortgage
£90,000 00
STATEMENT OF COST OF ROAD AND EQUIPMENT 30th
JUNE,
192,183
416,137
2.221,688
2.
2.
Loss.
Total
J.
Special Cash Deposit (un-
384,384
2.
Current Liabilities—
71,900
114,491
2.52,000
expended balance of
Construction Fund)
Materials and Supplies....
D. 81,200
1,244,254 18
Unpaid Coupons. including
CouponsdueJuly 1,1900.
Dividends uncollected by
732.111
201,980
D. 1,018,000
A** per cent Bonds.
Total Invested Assets..
Cost of 4,800 Freight Cais,
less amount charged to
ed Debt
Balance due on purchase
of 4,800 Freight Cars
J.
J.
991,164 85
52,000
Total Capital an d Fund-
Inc. or Dec,
ment
1,254,000
7.
&
Dennis,
Certified Public AcCjuntants.
Cost of Road and Equip-
I.
,
original and authorized sources.
All charges to plant, construction or equipment accounts
have been especially considered and found to be correct.
The cash balances were verified, either by actual count or
by certificates obtained from depositories or other custodians.
The securities of the Company have been verified, either
by actual count or by certificates of custodians.
ASSETS—
6,700
l
In the course of our examination, the records of the departments of revenue and expenses have been traced to
GENERAL BALANCE SHEET JUNE
2.
Funded Debt—
the Bondholders and Stockholders of the Chesapeake
Ohio Railway Co. :
Patterson, Teele
13,600 00
1,700 00
IstPref....
" ....
2d
"
13,900
D. 4.90O
D. 2,300
2.
60,543,100 00
Telephone, 2255 Broad.
New
Common. ...60,527,800 00
Baltimore,
Cable Address, "Dignus."
To
Comparison with
June 30th, 1899.
LIABILITIES-
Certified Public Accountants,
Stuart H. Patterson, C. P. A.
Francis K. Roberts.
St.,
:
655
PATTERSON, TEELE & DENNIS,
Patterson. C. P. A.
C. P. A.
Dennis, C. P. A.
Broad
—
THE CHRONICLE.
15, 1900. J
Arthur W. Teele.
30
:
1900.
The Cost of Road and Equipment on
$123,733,888 17
June 30th, 1899, was
27,970 35
Richmond Elevator
214,147 93
Richmond Improvements
$123,981,006 50
During the year there has been added for
the following items
Operating Expenses
1,597.363 21
Current Assets—
Cash in hands of Treasurer.
Special Cash Deposit to
pay Matured Coupons...
Special
Cash DepositDividend Account
.
457,820 87
Agents & Conductors.
Coal Agencies
Railways
Individuals and Co. 's.
2>.
2.7,200
1,965 00
2.1,965
141,58178
320,888 80
2X119,419
D. 99,841
2.2,^99
334,738 25
Bills Receivable
Cash advanced to Greenbrier Railway
510,619
211,278 47
Due from—
546 98118
136,70103
7X135,687
771,554 49
7.771,554
7.
2,923,509 87
Total
134,32s 721 04
For Completion of the following
2.565,428
11»,603
7.
2.
Grain Elevator and Yard, Newport News,
Va ....
$337,262
Pier 8 and Yard, Newport News, Va
184,5
Pier 10 and Yard, Newport News, Va
122,748
Double Track
640,716
fO
M 69
43
54
1,285,252 26
For Amounts Expended on New Work
under Construction
Double Track
$101,519 25
Piney Creek Branch
880,943 58
Richmond Improvements
251,648 22
737,111 05
$126,003,369 81
Less
37.0'
New
Work:
Amount
Realized from Sale of Man-
chester Water
1,129.954
241,200 00
Power
$125,762,169 81
Total as per Balance Sheet.
COMPARATIVE STATEMENT OF EARNINGS AND EXPENSES.
Years Ending 30th June.
Earnings—
1891.
1692.
$
Freight
Passenger
Mail
Express
Miscellaneous
.'
1S94.
1895.
1896.
1897.
7,573.654 6,630.201 7,301.815
2,3^0,888 2,011,977 1,847.148
236,178 2-6,616
J07.146
118,737 100.753 113,8 2
64,997
89,337
93,597
1893.
$
SB
5,963,516 7,284.3? 6
1,765,298 2,144,969
120,567 148,348
..."
90,487 109,418
"
187,241 197,292
Total Earnings
1893.
7.810,597
1,949.789
2: 0,095
11
10
94,938
,
8,389,373
1,857,897
26B.634
113,324
80,951
9,262,998
1,954,863
:-t21.958
193,883
114,852
1899.
1900.
$
9,062,878 10,095,144
2,4^2,0i2 2,681,076
324 678
322,9 6
171,907
153,410
1.9,263
48,54.0
8,127,1119,884,416 10,349.765 9,044,108 9 596,03010,221,131 10,708,182 11,788.557 12.009,859 13,10^,070
Expenses—
Maintenance of
r,
*
"«
,^'
Way
Conducting Transportation
General Expenses and Taxes...
Total Expenses
Net Earnings
Proportion
Earnings
l.gOP,485 1,183,564 1,752,«S0
l-.4i6,912' 1 ,203,853|1 350.047
2,9-17,681 3,682,405! 3,6^8,685 3,123,820 3,3f>8,»l*
515, >89
484,74a
503,237
370,062 442,240;
1,455,716
1,451,6 5
3,5?0 339
£05,4tl
1,440.450
1,507.214
3,774,644
564,459
1,P00,410
1,631,487
1.613,867
4,277,4>-0
57/, 927
4,100,926
654,343
1.8*5,413
1.909,241
4,686,309
626,673
6,083,518,7,444,490
7,146,831 6,027,127 6,464,527
6 963,152
7,286,769
7,982,306
8,0-7,3^4
9,087,638
2.043 592 2,4E9,925
3,202,9*3 3,016,980 3,131,502
3,257,978
3.421 413
3,806,250
3,9>2,455
4,311,431
1,489,490 1/773,636
Equipment.. ... l,23f,283
Expenses
to
74-8%
1.546,:.
08
75-3%
69-1°
66-6%
|
67-4%
68-1%
68%
67-7%
1.708, 46
67'3%
67'7%
6
7
:
THE CHRONICLE.
556
[Vol. LXXI.
NEW YORK ONTARIO & WESTERN RAILWAY COMPANY.
TWENTY -FIRST ANNUAL REPORT—FOR THE FISCAL YEAR ENDING JUNE
,1
1st, 1900,
To the Stockholders
Tbe receipts and disbursements of the Company for the
fiscal year ended June 30th, 1900, compared with the fiscal
year 1899, were
:
RECEIPTS.
1899.
$709,? 66 03
19C0.
From Passovers
"
Freight
Mail and Express
Miscellaneous
Total Receipts
$787,898 63
3,S70.li40l
117,622 97
87,847 20
3,462,13801
111,078^1
63.6-0 70
$4,963,482 84
$4,346,163 35
OPERATING EXPENSES.
Maintenance of Way and 8truotures
Maintenance of Equipment
Conducting Transportation
General Expenses
$637,747 25
$511.532 21
682.7614-5
l,82i,741 86
135,378 17
1,677,703 £5
133,047 30
$3,279,628 70
135,288 74
$2,835,861 4«
134,248 91
Total Operat'g Expens. and Taxes.$3.414,917 44
$?,970,110 37
Total
Taxes
Net Earnings
. . .
513,57X10
689,54108
$1,376,052 98
6P9.688 75
$859,024 32
$686,364 23
$1,548,565 40
Interest, Rentals
and Charges
Surplus
Local passenger receipts were $675,073 80, compared with
$599,844 10 in 1899; through passenger and immigrant earnings, $112,844 83, compared with $109,421 93. Mail and express receipts, $117,622 97, compared with $111,078 61.
Freight traffic earnings, classified in the usual manner and
compared with the four years preceding, were:
1900.
£
Fr'aht. 440, "14 49
Local Freight... 816.038 43
Milk
491.397 38
Coal
2.223.4H3 74
Miscellaneous...
8?,»47 20
Total
1899.
1898.
'
ft
Through
4,(j57,96124
384,262 54
669.S81 69
484,49102
1,923,602 76
63,68)70
8.525,818 71
1896.
1897.
ft
ft
ft
352,697 04 • 382,032 14
637,458 63
687,128 19
443,40*48
433,8«2 60
1,666,242 17^1,722,936 43
59,902 18
58,679 86
3,150,18252
3,134,0851)
292,549 07
654,007 76
425,614 10
1,61-8,424
:-
41,767 43
3,002,362 78
Your attention is called to the following comparative
statement of the Company's operations since 1889
:
^Earnings Operating ExTear ending
penses ana
Net Revenue.
JuneSOtU.
t oxen.
1P90
1891
1892
1^93
1894
1895
1896
1897
1898
18»«
1900
$2,200.446
2,809,702
3.285.417
0,688.173
3.842,1 19
01
18
$1,768,042 43
h9
2.461,138 39
92
63
2.798.3l!6 62
8.669,118 18
8,779,33-61
3,894,402 H9
3.H14.635 27
4.34H.163B5
4,983.48284
2.155,37216
2,732,540
2,642,412
2,«99,558
2,780,496
2,801.642
16
44
0^
23
70
2,970, 10:1
3.414,917 44
Charges.
Surplus.
$432.403 68
$285,91167 $146,44191
H64,830<0
653.860 68
100,439 32
801,28150
697,262 22 * 207,i>l» 2a
889.948 90
633,095 79
258,852 51
1,109,579 47
6P0.012 89
419,56^ 58
1.026.70D 74
700.317 P3
32H.382 8!
1,080,777 45
705,^08 03
875,589 43
1.11S.90H 76
71»,99i77
399,910 H9
1.112.P92 f>7
710,5*2 38
40* 4B0 21
H89.68M 75
1,376,052 98
623,717 99
1.548,566 40
6S9.541 08
859.024 32
Since the opening of the Scran ton Division, July 1st, 1890,
the anthracite tonnage and revenue, including coal received
at Sidney from the Delaware & Hudson Company, has
been as follows, in each of the years named
:
Net Tons
8H.485
}IH
1892
1,120.4)6
1,352,225
.1,642,063
1,715,991
1,673,861
1,653.596
1,605,508
1,991.987
2,157,553
£22?
1894.
\fB
Jf|2
JSqo
}%l°
ffi
1900
Revenue.
$782,218 29
1,126,456 77
1.436.539 53
1,753.874
1,581,227
1,58^,424
1,7? 2,936
1.666,242
1,923,502
2,223,463
34
29
36
43
17
76
74
In the last annual report full details were presented
of
the contract and arrangement made with the
Scranton
Coal Company, which secured tojyour Company the
transportation of all the coal from the mines purchased by
the
Scranton Company from the Lackawanna Iron &
Steel
Company. The operation of the contract has fully iustified
the policy of the Board. Duringfthe year 610,284
tons were
shipped and the Coal Company has promptly met all
the
maturing notes issued by this Company for its account
and
also made a substantial payment upon the
second mortcaee
b 8
on its property held by your Company.
During the last three months considerable prominence
has been given in the press to the controversy
before
Board of Railroad Commissioners over the applicationthe
of
the Delaware Valley & Kingston Radroad
Company for a
certificate that the provisions of tbe Railroad
Law had been
complied with, and that public convenience and
a necessity require the construction of the railroad
proposed in the
articles of association of that Company. The
Company was
organized in November, 1899, for the purpose of
building a
railroad from Lackawaxen to Kingston on the
Hudson following substantially the line of the abandoned
Delaware
<x Hudson Canal between those points.
The proposed road would parallel the Erie Rrailroad
Lackawaxen to Port Jervis, and from the latter Dlaopfrom
iko
parallel the Port Jervis Monticello
New York
to its connection with your road at Summitville,
the Ellenville Branch of your road, and the
proposed road of
&
Kingston
&
1900.
& Monticello road from Summitville, would form a
through route from Port Jervis to Kingston.
In February, 1898, the Board of Railroad Commissioners,
after a public hearing upon the application of the Kingston
& Rondout Valley Railroad Company, certified that the
conditions of the Railroad Law had been complied with by
that Company, and that public convenience and a necessity
require the construction of the railroad proposed in the
Jervis
Office of the President,
September
30,
Sroad
the
Rondout Valley Railroad Company, a companv
organized in 1897 by persons interested in the Port
Jervis &
Monticello Company to build a line from
Ellenville to
Kmgston, which, with the Ellenville Branch and
the Port
articles of association of the Company.
Your officers had long contemplated
an extension of the
when the Delaware
& Hudson ompany early in 1899 announced their intention to abandon their canal, advantage was taken of an opportunity offered to purchase on favorable terms nearly all
the debt and about three-fourths of the stock of the Port
Jervis & Monticello Road, and all the rights of the Kingston
& Rondout Valley Company. The road of the Port Jervis
& Monticello Company consists of 22 miles from Port Jervis
to Summitville, with a branch from Huguenot to Monticello
19 miles in all 41 miles; the Ellenville Branch is 8 miles
in length, and the distance from Ellenville to Kingston is
road from Ellenville to Kingston, and
(
—
—
about 27 miles.
For many reasons no public announcement was made of
this acquisition nor of the intention to extend to Kingston
under the charter and certificate of the Kingston & Rondout Valley Company; but the officers of the Company were
perfecting plans to push the work as early as practicable,
with the expectation that the line would be in operation
late this or early in the next year.
The Delaware Valley and Kingston project was, therefore,
strenuously opposed by your Company acting in concert
with the Erie Companv, upon the ground that their proposed line would parallel lines already in operation, or
whose construction had been authorized by the Board of
Railroad Commissioners, and which were fully capable of
handling all the traffic that might be offered in the territory traversed or coming from connecting lines. The Railroad Commissioners granted the application, but from that
decision an appeal was taken to the Appellate Division of
the Supreme Court, where the matter is now pending.
Meantime the Port Jervis & Monticello Road (which was
in bad condit'on) was put in order for safe operation, much
of the right of
way
for the extension
from
Ellenville to
Kingston was purchased, with ample terminals at both
places; rails, ties and bridges provided for, and considerable
grading done.
While a line from Port Jervis and Monticello to Kingston
would not, probably, prove remunerative as an independent
road, we believe that, if operated as part of your system
and furnished with the train facilities that could thus be
economically provided, it would develop traffic, prove a
valuable feeder, and yield eventually a fair return upon its
The valleys traversed and intersected by the line
between Ellenville and Kingston are particularly adapted
cost.
to dairy products, but that industry has not been developed
because of the lack of railroad facilities.
As Monticello is only about twelve miles from Liberty,
which is the cent'e of the summer travel on your line, the
road to th it point can be utilized to advantage in further
development of that class of traffic.
During the last four months of the fiscal year milk shipments have been somewhat retarded through the efforts of
an organization which was formed with the avowed purpose of withholding milk from the market until a more
remunerative price could be obtained for the product. The
increased demand and higher prices for butter and cheese
have resulted in the construction of cheese factories at
various points, while factories which had been closed have
reopened, and much of the product has been used at such
factories instead of being shipped.
While these conditions are thought to be temporary, it
may be remarked that a more profitable price to the farmer
will, in the end, operate to the advantage of the railroad as
well.
Tne best interests of a railroad company whose lines traverse an agricultural country, are necessarily closely interwoven with the welfare and prosperity of the farmer, and
whatever may contribute to his prosperity, or better his condition, results favorably to a railway which exists largely
upon the patronage of the locality served by its lines.
The question of rates for carrying milk, having recently
been regulated by the Inter-State Commerce Commission, is
one which is not likely to be reopened for some time in the
future, nor, so far as can be ascertained, is there any dissatisfaction on the part of the shipper as to railroad rates.
In the annual report presented last year, the policy of the
Company was announced in reference to including in operating expenses "every expenditure save only the cost of
such extensions as may hereafter be made of the main line
or branches, or such actual additions to the motive power
and equipment as increase the earning capacity of the Company, or produce new revenue therefor.*' (Report of 1899,
i.age4.)
Acting on the priuciple then adopted by the Board, the
capital charges for the year under consideration have
——
September
THE CHRONICLE.
15, 1900.]
amounted to only $13'\744 67, itemized as shown in table 5,
on page 36 of pami hlet.
The attention of the stockholders is directed to the report of the General Manager and the financial and statistical statements of the Treasurer, herewith appended.
Following the method prevailing in railroad accounting and the system prescribed by the State and Inter-State
commissions, the surplus earnings, over expenses and
charges, since the organization of your Company, have
gone to the credit of the "Profit and Loss" account. The
balance to the credit of that account, therefore, repiesents
the aggregate of surplus repoited during the twenty years
of the corporate life of the Company.
When the present management took charge, there was no
cash surplus in the treasury, but on the contrary the Company was heavily in debt. What has been accomplished in
the way of establishing the credit of your Company, improvin* the road and equipment, acquiring new property
and securing new businp&s, has been related from year to
year, and is well known to all interested in the property.
In ach'eving these re-ults the Board has pursued a steadfast policy of using surplus earnings for improvements and
additions, and investments designed to strengthen and increase the earning power of the property, and the surplus
is, therefore, represented in the various items on the asset
side of the balance sheet. There are in the treasury of the
Company unsold bonds to the amount of $678,000, issued for
additions and improvements, but these, with o'her bonds
which the Company is entitled to have issued for expendi
turet for similar purposes, should not be sold unless the proceeds are required and can be used to advantage in enlarging the property or increasing its traffic.
The following statement has been compiled, showing the
gross receipts of the treasury from all sources, including the
proceeds of all sales of bonds from October 1st, 1885, to
June 30th, 900 and the disbursements during the same
period for all purposes
657
RECEIPTS.
From Operation of Line
"
"
$46.917,?51 10
13,303,«OOO0
Sale of Bond*
Loans and
standing
payable
Bills
out-
:
Gold Notes seo^red by First
Mortg. Soranton Coal Co. $2,500,000 00
Bank Loans
575,000 00
.
"
on Securities and
oomeother sources
Interest
3.075,000 00
In-
1,080,661 83
DISBURSEMENTS.
For General
Offices
and General Ex$1,189,372 09
penses
"
Conduotmg Transportation
20,852,952 07
Maintenance of Road and Equipment
12.132.617 66
6.471.2^4 19
Bond Interest
Rentals of Leased Lines
2,164.515 20
"
"
"
"
Taxes
New Equipment and Additions to
•*
Line
"
Investments in other Companies..
"
Loans and Advances
Balance
1,530,736 27
10.705,58171
7,169,.">6B 67
2,30j,518 05
143,198 98
$64,519,113 91 $64,519,113 91
That the policy of the Board was sound and has been justified by results, is demonstrated by the table given previously which shows an increase in the last elev< n year? of more
than 100 per cent in gross earnings, 300 per cent in net revenue, 600 per cent in surplus, and necessarily a decrease in
the percentage of working expenses.
All of the Company's employes have, as heretofore, continued efficiently and faithfully to discharge their duties
and obligations to the Company.
By
order of the Board,
Thomas
P.
Distilling Co. of Am*ri< a
Distillers' Association.— Sacretary T H. Wentworth is qaoted as follows regarding the
trade conf rence held at Ciu< innati last week and the formation of the Distillers' Association:
The agreements reached at the Cincinnati conference are the results
of months of careful negotiations, in which all the producers and all the
prominent distributing factors of the country took part. Nodeiailof
the bush ess has been neg ected, and so long' as the produoers are satisfied with moderate profits t e business should continue to show
more than satif factory results. The position of both rye and bourbon
whisky Is b-comlng very strong, as the demoralization caused by the
over-prod uotion which ended with the crop of 1893 is now at an end,
the consumption having finally overtaken the pioduotion.— V. 71, p.
392. 184.
National Salt Co.— On '-Unlisted."—The $7,000,000 com$5,000,000 preferred stock have been placed on the
"unlisted" list of the New York Stock Exchange.—V. 70, p.
mon and
798.
National Sugar Refining Co.— First Dividend.—The company has declared a divHeni of \\& per cent on its preferred
stock, payable Oct. 2.— V. 70, p. 1151.
New Haven Iron & Steel Co. Annual Report The annual report for the year ended Aug. 31 shows: Gross sties,
—
$833,019; net earnings, $159,875; dividends paid, $«0 000;
surplus, $79,875. The capital stock is $500,000
accounts
payable, $o,403.
The c mpany manufactured 18,000 tons
of bar iron and sold 17.600 tons.
The highest received
per ton was $i0 85, lowest $35 75, averaging $45 50. The
average profit was $9 85 —V. 70, p. 636.
;
New York Shipbuilding Co.— Report Dented.— President
Henry G. Mwrsr wrues aa follows
In reply to your favor of Sept 4, beg to state we have not nur
:
chased nor ate we negotiating for the Gloucester Iron Co.'s property.
capital s'ock was increased to $6,000,000 last winter, all common.
—V. 7 1, p. 493.
Oskalocsa (la.) Water Co.— New Stock —The action re
ferred to last week was not, it seems, a re incorporation bnt
only an increase of the capital stock to $450,000, the Ci'y
Council of Odkaloosa having granted an extension of 20 years
of its contract with the water company for hydrants and
water service and the voters of the city naviDg ralified the
contract ar the general election held March 26, iy00. Messrs.
Gamble and Bowen have no interest in the company now,
though they were formerly connected with it. F. M. Colston of Baltimore (P. O. box 1110) is President. The other
directors are well-known citizens of O-kaloosa.
T. 71, p 506.
Our
—
Pennsylvania Steel Co.— Amalgamation Plan in Abeyance. In our issue of August 25 under the headiDg Cuoan
8teel Ore Co. (page 39i) reference was made to a plan for
the amalgamation of Cuban mining iron companies with the
—
Pennsylvania Steel Co.
This plan, we understand, ha* been
dropped for the pr.sent, but the option <o the shares of the
Cuban Steel Ore Co. runs until July 1, 1901, and may still be
exercised to give the Pennsylvania Steel Co. a controlling
interest in that property, prov ded the development of the
Cuban mines shall in the meantime be found to justify the
purchase.
A msj <rity in interest of the Cuban company's
shareholders have deposited their stock under the voting
trust agreement. Tola voting trust will expire by limitation
in 1915, but, it is expected will be dissolved at a much earlier
da^e.— V. 71. p 893.
Republic Iron & Steel Co.— Directors.—W. E. Taylor and
A. W. Huus'oa have bten elected directors, and the uo rl
has been reduced from twenty to eighteen members, the re
Fowler,
President.
:
tiring directors being
J.
Llewellyn and
J.
Samuel Thomas, Georg« N. Claik,
G. Caldwell.— V.
S.
71, p. 436, 453.
Sloss-Sheffleld Steel & Iron Co.— Earninas.— The estimated
results for tne three months ending Aug. 31 were : Profits of
operation, $199,753 deductions for depreciation and charges
to extraordinary repair and renewal fond, $27,377
net earniags, $172 375, applicable as follows:
3 mos. ending
Ket
Bond
Pre/.
A-g. bl.
earnings.
interest.
Taxes.
dividend. Surplus.
19'0
$172,375
$50,644
$.i4,000
$6,202
$1,529
9 mos.
1899-0
925,220
151,931
18,606
342.COO 412,683
E. O. Hopkins previously receiver of the Peoria Decatur
Evai s.RR was recently elected President of the Sloss-Sheffield
Steel
Iron Co., to succeed Sol >mon Haas, who rtsignei became of ill-health.—V. 71, p. 185.
;
;
—
&
&
Telephone, Telegraph & Cable Co.—See Knickerbocker
Telephone Co. above.— V. 71, p. 88.
Torrington Co.—Supplementary Mortgages.—The stockholders adopted at Portland, Me., on Sept. ll a motion
confirming tne sale of the Stand *rd Sp >ke & Nu p'e Co., and
the spoke and nipple business of the Excelsior Needle Co.
We have been favored with the foil wing
The chunee is simply a matter of detail, and in no way affects the
security behind the bonds. Briefly, it is that a new company has heen
:
formed, which has tahen over the spoke and nipple part of the ExcelNe*d e Co.'« business, together with the business of several other
smaller companies. For this the Exeelnior Needle Co has received
stock tu the new company, holding to-day more than a majority of
this stock. This stock is now pledged as colla'eral behind tne Torrington bonds instead of the Standard t-pokw & Nipple Co. property.
The amount of the rorriogton securities outstanding rem tins unch n«ed, viz: $1,000,000 bonds and «l.< 0j,u00 each of Class A,
Class B and Preferred Stock.— V. 67, p. 434.
sior
United States Leather Co.— Purchnse.— The company,
it
understood, has contracted to purcnase the -'Shaw tauneri s," of which Payette Shaw is the
principal owner, comprising a number of large tanneries in Wise >nsin, also bark
l*nds, etc. The transfer has not yet been completed, but
will, it is reported, take place as soon as inventories are made
and other details accomplished.
million dollars, it appears, was asked at the outset, but the price paid is understood to be somewhat higher.— V. 70, p. 428.
is
A
Western
Onion
Telegraph
Co.- Quarterly.— Earnings
(partly estimated) for the quarter endiLg Sept. 30 were :
3 months
Net
Interest
Dividends
Balance,
ending Sept 30.
revenue.
charges.
paid.
surplus.
1900 (estimated)
$1,600,000 $23*.040 $1,217/00 $143,9fO
1&9 (actual)
1.2ie.9»l
I,666,5c7
2*4,
2*5,456
To al surplus, esnmated, Sept. 3'\ 1900, $8 6*. 2 lb5 Theregular \\j per cent dividend is payabi- Oct 15. -V. 70 p. 1203.
HO
—
&
Messrs. F. J Liainan
Co. nave jast issued tneir quotation list for unlisted and inactive steam railroad tionds. Tnis
list is accepted as a standard amhority on quotitions, and
may be had on application. Iq this list- are also quoted for
the first time practically all the large issuts ot car trust
bonds. Of late yearj a number of the larger systems have
made considerable issues of car trusts.
&
—Messrs. Pfaelzer, Walker
Co. have issued a special
circular analyzing the Western New York Sc Pennsylvania
Railroad fir e t mortgage gold 5 per cent bonds, wnich now
come under the Peimsylvania R.ilroal system.
firm
and
is
is
Tne above
giving ppeaial attention to tne market »or these bonds,
prepared at all times to purchase or sell them.
—
. ..
—
.
THE CHKONICLE.
558
^Ixje
.
[Vol. LXil.
COTTON.
(frommtxtml %imz$.
Friday Night, September
14, 1900.
The Movement op the Crop, as indicated by our telegrams
COMMERCIAL EPITOME.
from the South to-night, is given below. For the week ending
evening the total receipts have reaohed 84,869 bales,
against 52.365 bales last week and 24,261 bales the previous
radical
no
The general outlook for business has undergone
week, making the total receipts since the 1st of Sept., 1900,
changes. As the fall season advances there is some broaden- 137,234 bales, against 283,788 bales for the sam. period of
ing of the demand for seasonable goods. The speculative 1899, showing a decrease since Seit, 1.1900 of 146,554 bales.
buying, however, which was a pronounced feature in nearly
Receipts at—
Sat.
Mon.
Tuet.
Wed. TKurs.
Fr\.
Total.
Friday Night,
this
Sept. 14, 1900.
a year ago is now almost wholly missing, buyers (Jalveston
5,756
5,756
generally operating on very conservative lines; coneequ'ntly,
Sab. Pass, Ao.
583
583
as compared with la-it year busings* is quiet, but with an New Orleans.
2,031
1,869
1,475
1,467 2,392
2,374 11,603
average season it is fair. Reports from the iron and steel Mobile
20
384
791
631
54
68
1,951
markets indicate a fair business dcing, although the baying Pensaoola, &o.
does r ot appear to be general, beirg more of a spasmodic Savannah
4,392 4,456 8,167 5,708 6.276 7,358 36,357
character. The upward tendency to cotton prices has conBrunsw'k.Ao.
1,866
1,866
tinued, accompanied by a wild bull speculation. The outCharleston....
614
783
361
906
644
1,941
5,249
come of the strike ordered in the atitbracite coal-field s^ of
Pt. Royal.Ac
Pennsylvania is awaited with corsiderable interest. The
Wilmington.
1,544
663 4,032 2,438 14.8S1
3,366 2,778
country has stood aahast at the fearful loss of life and propWash'
ton,
Ac
14
14
which
hnriicane
erty at Galveston, Texas, resulting from the
618 1,638 1,159 1,005 1,102
724
6,246
struck that city on Saturday the 8th inst. Liberal contribu- Norfolk
N'p't News, Ao
104
104
tions are now being received for tbe relief of the sufferers.
Lard on the spot has been in slow demand from both re- New York....
Early in tbe week prices advanced, Boston.........
finers and exporters.
148
148
dull
and easier at 7-15c. for prime Western Baltimore
but the close was
141
166
25
and 6-75c. for prime City. Refined lard bad been advanced Phttadel'a, Ac..
in price, but business has been quiet, closing at 7 50c. for
Tot. this week 15,250 11,054 15,466 10,112 14,980 18.007 84.869
refined for the Continent. Speculation in lard for future deThe following shows the week's total recelpts,the total since
livery was quiet, but early in the week prices advanced on
small receipts of hogs. The close was weaker, the coal strike Sept.l, 1900, and the stock to-night, compared with last year.
being a factor.
1900.
1899.
Stock
DA.IXT CLOSING PRICES OF LARD FUTURE8.
Receipts to
all lines
.
.
Wed. Thurs.
Fr\.
Mon.
Tues.
8at.
7-30
7-10
7'20
725
7 15
7 20
September
Perk has had a slightly better sale locally and prices have
held steady, closing at $12 25@13 75 for old mess, $13@13 75
for new mess, $15 50@16 for family and $13 50@15 50 fcr
short clear.
Cut-meats have been dull and rather easier,
closing at 6^c. for pickled shoulders, 9J^@10^c. for pickled
hams and 8%@10c. for pickled bellies, 14@10 lbs. average.
Beef has been quiet and easier for extra Inoia mess, closing
at $9@9 50 for mess, $!0@11 for packet, $10 50@11 50 for family
and $14 25@15 75 for extra India mf ss in tiercep. Tallow has
Stearines have held
advanced slightly, closing at 4%c.
steady, closing at 8@6^c, for lard and 7%c. for oleo. Cottonseed oil has been more active and higher, closiog at36@3G3^c.
Batter has held steady for desirable
for prime yellow.
grades, with the demand moderately active, closing steady
Cheese has been sparingly ofat 16 1/£@21c. for creamery.
fered and firm, closing at 9^@10J^c. for State factory, full
cream. Fresh eggs bave advanced, closing at 19c. for choice
TMt
Sept. 14.
Since 8ep.
week.
1900
1,
16,287
5.756
Sab.P.,&o.
583
few Orleans 11,608
tlobUe
1,951
(Jalveston.
750
15,€63
3,450
P'saoola,Ac.
Savannah..
Br'wiok.Ac
Charleston
36,357
3,966
5,249
57,316
2,403
7,734
P.Royal.Ac
Wilmington
14.851
6,246
2?,474
14
10,237
104
241
Vash'n, Ac
Norfolk
N'portN.,A<
New York.
Boston
Baltimore
Phlladel.Ao
This
week.
Since Sep
1, 18f 9
1900.
51,583
867
3', 984
8,386
4,938
35.318
3,529
13,613
95,062
1,2*5
52,724
1?,228
7,360
61,182
2,729
21,664
10,964
15,007
23
8,558
1899.
18,003
85,626
•
109
•
.
6
5,587
136,817
15,117
50 3Q1
1,400
4,826
51,825
2,140
24,123
20,591
13,030
««•
14
23
4,306
311
1,110
25
254
386
148
• •*
, v
8,222
16,000
26,908
3,300
1,061
1,472
166,496
13 000
3,014
3,137
339
1
1,823
1,325
1,149
840
403
458
Western.
166
990
5,679
Brazil grades of coffee have continued to meet with only a
137,234 166 563 283,788 162,685 532,998
Totals....
84.869
very moderate distributing sale, and the tone of the market
has been unsettled. The close was steady at 8%c. for Rio
In order that comparison may be made with other years,
No. 7. Offerings of West India growths have been limited we give below the totals at leading ports for six seasons.
and prices bave held steady at- lO^c. for good Cucuta. East
1899.
1897.
1898.
1896
1895.
India growths have bad a limited jobbing sale at steady Receipts at— 1900.
prices.
Speculation in the market for contracts has been aalves'n.Ac
8,339
52,450
51,333
57.030
76,837
23,586
quiet, both buyers and sellers being indifferent, awaiting New Orlea^
11,608
31,881
59.614
22,493
35,953
19,080
developments. The close was firm on limited buying for Mobile
1,951
8,386
4,657
5,732
9,101
3,468
local account. The following are the closing asked prices:
Savannah
35,318
36,357
18,101
38,139
25,415
39,621
Sept
7-45c. March
7-25o. Deo
7-60o.
13.643
Ohaa'ton, Ac
5.249
5,50 2
14,610
23,314
9,371
7-300. Jan
Oct
7-5Cc May
7-TOo.
A<
14,815
10,987
Wllm'ton,
4,719
11,698
4,136
17,845
7*3 5o. Feb
Nov
755o. July
7-80o.
.
I
I
Raw
sugars have been in small supply and prices have ad
vanced, closing at 5c. for centrifugals. 96-deg. test, and 4 14@
4 5 16c. for muscovado, 89-deg. te;t.
Refined sugar has been
firm but quiet at 6 15c. for granulated. Rice has been in
more active demand and firmer. Teas have been dull atd
easier.
Kentu ky tobacco has
been in moderately active demand
Seed leaf tobacco has had a fairly large sale at
full values.
Sales for the week were 4.655 cases, as follows
1,100 cases 1899 crop, New England Havana seed, 16@60c;
575 cases 1899 crop. New England seed leaf, 18@50c; 1,000
cases 1898 crop, Wisconsin Havana seed, 12@13c; 480 cases
1899 crop, flats, 13@16c; 200 cases 1898 crop, Pennsylvania
seed leaf. 12@12J^c, 500 cases 1899 crop, Pennsylvania seed
leaf, 12i£@13c; 600 case* If 99 crop. Zimmers. 14@15}£c.,and
200 cases 1898 crop, Zimmers, 14@15c; also 575 bales Havana
at 50(a98c. in bond and 250 bales Sumatra at from 80c. @$1 80
in bond.
Straits tin has been in slow demand under increasing supplies atd freer offerings, prices have declined, closing at
29'50@30i\ Ingot copper has been in moderate demand and
firm, closing at 16 4@17c. fcr Lake.
Lead has had a moderate jobbing sale, closing firm at 4-3" >^c. for domestic.
Spelter has been dull, closing at 4 10c. for domestic. Pig iron
has had a moderate Bale but prices have continued to show a
sagging tendency, closing at $13@16 50 for domestic.
Refined petroleum has been steady, closing at 8 05c. in
bbls,, 5-50e. in bulk and 9 35c. in case?. Naphtha unchanged
at 9 55c.
Crude certificates have been neglected. Credit
balances bave been unchanged at $1 25. Spirits turpentire
has been firmer, closing at 39@39^c. Rosins have been quiet
at $1 50 for common and good strained. Hops have been unsettled.
Wool has continued quiet.
and firm.
:
Norfolk.
6,246
10 4
?,ieo
4,306
3,242
5,038
21.138
N. News, Ac
All others..
311
9,278
186
294
346
503
2,621
1,990
4,^96
2.0S4
wk
84,869
166,563
112,854
178,113
245,183
91,080
137,234
283,788
170,914
295,471
46?,175
152,421
Tot. this
...
Since Sept.
1
The exports for the week ending this evening reach a total
of 37.808 bales, of which 21,250 were to Great Britain, 943
to France and 15,615 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 1900.
•
Qreat
from—
;
;
:!
f
Wteh Endint Sept. U ,1900
Exported tn—
France
Brit'n.
Continent.
lota,
Sept.
1,
1900. to Sept
Stupor ed
i
Qrtat
Week Britain
450
'Jalveston..
from
150
tranci
.
14.
19C0
to-
OontU
7of«l
n«nt.
450
ISO
Ac
Sab. Pass,
New Orleans.
4,262
0,1)85
11,£17
",5)4
19,622
27,158
Mobile
Pensaoola
Brunswick
....
...
Charleston..
Port Royal..
Wilmington...
Norfolk
N'portN., Ao..
New York...
..
...
3,174
.
4S3
5,
5.568
9.220
4,208
6,(-91
6,997
0J
1,200
e,89i
Baltimore
00
5,800
600
1,200
l,'.
5.300
6.3C0
193
6,887
11.6
3.308
2,109
.*••>•
Philadelphia.
in Kran.. Ac.
Total. 1899....
8
f\997
21.260
913
48,538
800
M
37.808
15,616
-
s8.fr 51
-
—
03.189
—
32,027
-^—
60,661
943
^1SSSSS»—
1,782
21,779
-
—
66,211
64.7i»
~
'"
,—
121,501
September
«
«
.
.
1
«
.
...
.
.
.
THE CHRONICLE.
15, 1900.]
In addition to above exports, our telegrams to-night also
give vis the following amounts of cotton on shipboard, not
add similar figures for
cleared, at the ports named.
Hew York, whioh are prepared for our special use by Messrs.
Lambert 6fc Barrows, Produoe Exohange Building.
We
t.
c
DXT—
ONE—
£59
«
H
B
r>
2
'r
C
IX
Lay—
ARCH—
Closing. Range...
Range...
Closing.
Closing.Range...
Closing.. Range...
Closing..
Range...
Closing. Range...
Closing.
Range...
Closing..Range...
Closing..Range...
Closing. Range...
Closing.. Range...
OTOBER—
EPTEMBE]
EBRUART
OH SHIPBOABD, NOT CLEARED FOB—
Sept.
14 at
Ooatt-
Other
Britain. France. Foreign
Great
New Orleans...
193
Galveston
4,216
None.
1,600
1,500
Mobile
Norfolk
None.
None.
1,000
New York
Other porta
None.
None.
None.
None.
None.
14.665
13.379
50,391
3,226
4,087
2 722
25.156
21.824
None.
1,600
1,500
5.50O
1,750
6,000
•
8,509
7,373
5,752
27,235
5,601
l
39515 25,735 48,440
1
1
38 503
13,380
9,411
414,396
197,065
Speculation in cotton for future delivery has been of an
unusually wild character, the market throughout the week
being of a panicky nature, and the advance in prices has
been sensational. The hurricane which struck the Texas
coast at the close of last week and resulted in the fearful
dieaater at Galveston aleo damaged the Southern Texas cotton crop. As the advices received from this section of the
country since the hurricane have been meagre, the extent
of the damage done is not as yet definitely known, although
it is vaii-rasly estimated at from 100,000 bale3 upward. Owing
to the nervousness existing in the market previous to this
disaster, due to the present small supply of cotton, particularly in Europe, the reports of the loss to the Texas crop,
which at first were grossly exaggerated, gave fresh impetus
to the bull speculilion, and active buying, both to cover
short sales and for investment account, advanced prices
On Tuesday there was a slight reaction Thereports
sharply.
received from the South indicated that the first estimates of
the loss to the Texas crop were excee sive and this prompted
selling by longs to realize profits and also induced more aggressive operations on the bear side of the market. On
Wednesday and Thursday, however, the market was again
buoyant, based on the prognostications of a prominent crop
estimator, that the maximum yield of the present crop will
be 9,750,000 bales. During the late trading on Thursday
there was a moderate reaction under realizing sales, based
on the reports tbat English spinners bad decided to shut
down their mills into October, awaiting increased suppli s of
American cotton. To-day there was an active and lower
market. Liverpool advices were much weaker than expected, and this, together with the weekly interior receipts
indicating that the crop is beginning to move freely,
prompted increased pressure to sell, largely from longs to realize profits, and prices declined sharply, closing at a netjloss
for the day of 24@30 points. Cotton on the spot has advanced, but to-day reacted ^c, closing at 10%c. for middling
uplands.
On the basis of the rates on and off middling as established
ay the Revision Committee, the prices for a few of the
rrades would be as follows:
UPLANDS.
*ood Ordinary.
x>w Middling..
fiddling
tood Middling.
Sat.
Itlon
91.6
9 9 16
9Ul 6
Uddling Fair..
Uddling
103« 10 ',8 109 16 10^,6
1058
10*8
10',
lo">ie 1015,,
1138
1138
IHa
9i5 lt 103,6
Frl.
!l5^
10 78
IT"
113.6
115,,
11»16
1188
11%
12
8%
97
Middling
11^9
10 78
Uddling.
8
ood Middling Tinged.
Tk.
1011,6 ll 3
111«
11»8
Sat.
ow Middling.
11%
1013,, 10»ie
ll 1*
11
.
STAINED.
10%
11
lHl« 116,6 H'l6
Mon Tnei Wed
lO*
,
Uddling Fair...,
triot
10%
95, e
91*16 913 U
9l6 l6 107 18 107 19
food Middling...
Frl.
915 16
103, 6
Sat.
lood Ordinary.,
low Middling...,
TM.
10 1*
10'e
GULF.
Wed
Taes
10*8
BIou Tuew
Wed
9^4
103,6
1038
105s
105,6
lOHi
9Vt
103,fl
1038
10»8
10%
n
B ie
ll%
Tli.
Frl.
958
109,6
10%
938
105,6
10«a
11
10%
for middling upland at New York on
ept. 14 for eaoh of the past 82 years have been as follows.
900.. ..o.IO^i
1892. ...o. 73,„ 1884... 0.1034
1876....o.ll 1s
14i4
399.. ... 63s
1891
1883... ..lOk
1875
85s
.... 513 16
1890
1034
1882... ..12H le 1874
16 7e
397 .... 738
1889
113g
20^3
1881.
..1238
1873
396
... 888
107 16
1888
11'3 16 1872
21
1880.
395 .... 8H
12B ia
21ie
1887
9*8
1879
1871
19i«
394 .... 6 78
1886
9*4
1878
llifl
1870
393 .... 838
101 lg
1885
IIJ4
32
1877
1869
Note On Oct. 1,1874, grades of ootton as quoted were changed,
joordlng to the new classification Middling was on that day quoted
0. lower than Middling of the old classification.
The quotations
MARKET AND SALES.
Futures
Spot Mabkbt
Closed.
Market
Globed.
rturday ..Steady
onday. . . . ;Qulet at
Steady ..
*a adv. Excited
lesday ... Steady
steady ..
ednesday!Qolet at ^ a1v" Strong .,
lursday.-'yoiet at
•Iday
Quiet at
Total
I...
J4
adv..
14
dec. Steady
«..--......
Weak
.
...
.,
... .... ......
Ex-
§
1
9
1
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225
165
150
574
57
125
1,296
A Contrao?.
Contract.
100
100
To tot.
225
165
150
674
57
125
1,396
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©
The Visible buPPLY of Cotton to-night, as maae up by
cable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afloat, are this week's returns, and consequently all European figures are brought down
to Thursday evening. Bnt to make the total the complete
figures for to-night (Sept. 14), we add the item of exports from
1
1
1
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1
1
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the United States, including in it the exports of Friday only,
1898.
1899.
1897.
1900
Stock at Liyerpool
bales. 171,000
803,000 707,000 387,000
Stock at London
15,000
3,000
3,000
4,000
Total Great Britain stock." 186,000
808,000 710,000 391,000
Stook at Hamburg
20,000
19,000
19,000
33,000
Stock at Bremen
104,000
29,000 136,000
50,000
Stock at Amsterdam.... ......
2.000
1,000
1,000
Stook at Rotterdam
200
300
200
200
Stook at Antwerp
4,000
4,000
9,000
2,000
Stook at Havre
51,000
136,000
120,000
65,000
Stook at Marseilles
3,000
6,000
4,000
6,000
Stook at Barcelona
53,000
94,000
52,000
56,000
Stook at Genoa.
22,000
22,000
8,000
29,000
Stook at Trieste
4,000
17,000
19,000
13,000
Total Continental stocks. ." 171,200 4r>0,300
3=15,200
241,200
"
Total European stocks
357,200 1,258,300 1,065,200 632,200
India ootton afloat for Europe
45.000
17,000
40,000
18,000
A.mer ootton afloat for E'rope.
51,000 120,000
83,000
55,000
f
Egypt. BrazlL&c, aflt.for E pe
14,000
14,000
12,000
13,000
Stook in United States ports.. 162,685 532,898
263,677 254,871
Stook in U. 8. interior towns.
76,897 288,553
130,836 129,691
United States exports to-day.,
4,474
15,545
6,570
13,477
Total visible supply
711,256 2,246,296 1,601,283 1,116,242
Of the above, totals of American and other descriptions are as follows:
.
American—
Liverpool stock
Continental stooks
bales.
American
afloat for Europe.
United States stook
United States interior stooks.
United States exports to-day.
Total American
Satt Indian, Brazil, «ic.—
Liverpool stook
.
London stock
Continental stooks...
India afloat for Europe
Egypt, Brazil, Ao. , afloat
Total East India, Ao.
Total American
110 000 739,000 629,000
141,000 385,000 292,000
51 ,000 120,000
83,000
162,635 532,893 263,677
288.553 130,836
76,897
6.570
4,474
15,545
546,036~27080,996 1.405.0S3
61,000
15,000
30,200
45,000
1 4 .000
.....
8 ble8 °PP 1 y
„ J^ . y?
}
Middling
Upland, Liverpool..
Middling Upland, New York..
Egypt Good Brown, Liverpool
Peruv. Rough Good, Liverpool
Broach Fine, Liverpool
Tinnevelly Good, Liverpool...
tal
Sales of Spot
port.
©go
©co
co-jp
135,450
118,50?
66 612
4,812
5,318
1
If CO
1
Total 1899. .
Total 1898...
1
.
1
l
Total 1900...
OVEMBEB
«: T
•
6,261
4,624
2
99
None.
None.
None.
5.500
None.
None.
1,750
5.000
stock.
Total.
voite.
314
309
None.
None.
None.
None.
5.752
None.
None.
Ltatim
ECEMBEB
165,200
546,056
711,256
66,000
79,000 102,000
3,000
3,000
4,000
65,300
63,200
64,200
17,000
40,000
18,000
14,000
13,000
12,000
165,300
196,200 201,200
915,042
2,080,996 1,405,083
2,24^,296 1,601,283 1,116,242
7& s2 d.
3»,«d.
37 s2 d.
10%o.
6*80.
5Hi 8 d.
6 7sd.
5»i«o.
7»4d.
77, «d.
63gi
6d.
285,000
177,000
55,000
254,871
129,694
13.477
915,042
38sd
33sd.
43sd.
6i3, 6 d.
S7 lf d.
3»ed.
4i 16 d.
7o.
5d.
6^d.
4d.
4isd.
I&- The imports into Continental ports the past week have
been 13,000 bales.
The above figures Indicate a decrease in the cotton in
sight to-night of 1,535,010 bales as compared with the same
date of 1899, a loss of 890,087 bales from the corresponding
date of 1898 and a decline of 404,936 bales from 1897,
^
.
THE CHKONICLE.
5«0
At the Interior Towns the movement—that Is the receipts
week and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1899— is set ont in detail below.
for the
•"dteowsgoowgo?
0LO8INQ QUOTATIONS FOB MIDDLING OOTTOH OH —
Sept. 14.
- - •
ip
J
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p
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Galveston.
B?
o
o
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11
9\
10»8
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1118
lO'a
978
10%
104
10>fl
l'»ifl
10 H
Charleston.
91'16
10
10>4
9%
10 4
10 Wj
1034
Wilmington.
10*
10
.
.
Angusta
Memphis....
-1
n 3
9*
10 1*
10»a
101$
lOHi
)0>«
lOH
lOlfl
1058
lOSg
10*ie
1078
11
10
Philadelphia
5
Tkurs.
lOlfl
Boston
Baltimore
•*»
to
Wednes.
Mobile
Savannah...
it.
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oo
Tuts.
10
.
Sorfollr
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o--roiMcccotooci>atc»-Jto^ioct^i- co-'mcox^
«
Mon.
Satur.
New Orleans
s
[Vol. LXXI,
Quotations for Middling Cotton at Other Markets.—
Below are closing quotations of middling cotton at Southern
*nd other principal cotton markets for each dav of the week.
Week ending
Si
'
'
IO
Lools
lOlfl
10 1«
10
9?8
JU5 lfl
9»i
JlnolnnarJ .
LonlsvUle...
10
10 >8
10 \
1034
10 It
10*8
11
10*
11
11
ll""
114
11
11
ilia
1038
103s
10 \
11
10*8
9»«
10%
lo^e
8
1H8
1058
10
9*
10^
FH.
10 '8
103a
10*4
10'S
10\
11
1078
10>a
10 «4
1C4
1078
10
8
Weather Reports by Telegraph.— Telegraphic
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'-inoix
Thf above totals scow tnat the interior stocks have increased during the week 25 367 bales, and are to-night 211,656
bales less than at same period last year.
Overland Movement for the Week and Since Sept. 1.—
We give below a statement showing the overland movement
for the week and since Sept. 1, as made np from telegraphic
reports Friday night.
The results for the week ending
Sept. 14 *nd since Sept. 1 in the last two years are as follows
•
CO
1900.
September 14.
Week.
Since
1.
Week.
S\tict
Sept. 1
—
Shipped
Via
Via
Via
Via
2,047
1,*17
VO.i
7,500
14,317
1,325
816
1.^74
3
"169
i",-83
Padaoah
Rooh island......
ijoulsvllie.... ...... ......
^iTK-lnnatl.
Deduct shipments—
Ovcriaud to a. Y., Boston,
<feo
i
.
P
9t9
l,Oo3
3,914
6,803
12,513
334
417
665
417
2,8'1
— We
—
—
Greenville, Mississippi. The weather has been clear and
pleasant the past week.
It has rained on three d<jys of the
Little Rock, Arkansas.
ek. the rainfall reaching eighty five hundred hs of
past
an iocb. The th-rmometer has average! 80, the highest
being 9 ) and the low<-bt 70.
Helena, Arkuns is.— Crop reports vary. The week's rainfaU hns been seventy fivn hundredths of an inch, on onediy.
Tbe thermometer hns averiged 81*4. ranging from 70 to 93.
heavy rain storm occurred in the
Mobde, Alabama.
interior >es erdav. Crop reoorts are i> regular bat generally
Picking and marketing are maftrng slow
unfavorable
progress
We have bad rain on three days of tn- weeft. to
tbetxteatof three inches and eighteen hundredths. The
thermometer has averaged 82, the highest being 92 and the
w
—A
lowe
t 72.
Montgomery, Alabama.—The rainfall since last night has
b eo fxoes-ive all over this section and the Stite as well.
5,8*3 There has b-en rain 00 two days the past week, the rainfall
1.-62
sixty hundredths of an inch. The thermometer has
2 0i5 reaching
averaged 81, ranging from 68 to 94.
25,151
Selma, Alabavia. Tbe h avy rains of the past two days have
damaged open cotton considerably. Late co toi is b-ing de5,277
There is a decided tailing off m the
'81 rtrov^d by caterpillars.
1.34-
647
—
f
1899.
Sept.
1
1
i
!
^
X M©
CP
— i»Mi»
OB
V cco^^oros
V X J>CJ»*ic
5
cr
COO"
o"> oloxco "ibboib
Mt^»3O'Xi<»O'WC0'-^C0— ~J0CC0
M«io|U .CCt0^if»^©C©'-->X
"cococo
m
•-S'
to
.-»
*SC0O
JO
It
*
advices
are
on
the
whole
to us this evening from the South
less
favorable.
ports from Alabama indicate that rainfall in
that State has been excessive, and damage from that cause
nnd from caterpillars as well is claimed in some sections.
Oar correspondent at Columbus, Mississippi, states that the
crop ia his vicinity is failing. Wbere rain h*s not interfered,
picking and marketing have made excellent progress. In
consequence of interruption to telegraphic communication
no advic s from T^xas bave reached us to-night.
Ntw Orleans, Louisiana.—There his beeo rain on five days
during the week, to the ex'ent of two inches and fitty-eight
hunr ! dtbs. Average therm ime'er 79.
Shrer'ip rt, Louisiana.
We have hai a trace of rain on
two days of the week. The thermometer has ranged from
72 to 95 averayi'g 83.
Columbus, Mississippi.—Tbe crop is failing rapidly. We
h^ve bad ram on one day during the week, the prefipitation
being five hundreds of an irch, Tae thermometer has
averaged 81. the highest being 94 and the lowest 70.
Leland, Mississippi.— The week's rainfall has been sixtyHx hundreitbs ot an inch. The thermometer has averaged
8 "3 ranging fr^m K9 to 94
have had rain on one day
Vicksbwg, Mississippi
dnring the week, the rainfall being seventeen hundred hs of
an inch. The thermometer has ranged from 68 to 93, averaging 81.
—
163
outlook f r c tton. Think the yield in this section will fall
Rain has fall n on two da s of the we-k,
sbort of last year
1.346
2,183
4.877
8,617
to the extent of two inchts and ninety huadrr-dths. The
Leaving total net overland*
2.568
4,620
16,534 thermometer has ranged fiom 67 t> 90, averaging 7^.
7,636
Madison, Florid 1.— R^in has fallen on fonr days of the
Inolndlng movement y rail to Canada
ent of ninety hundredths of an inch. AverThe foregoing show? that the week's net overland movement week, to the
therm>mber
84, hignest 93 lowest 73.
age
this year has been 2.568 bales, against 7,636 bales for the
-eor^ia.
We have had rain on three days of
Savannah,
that
for
the
season to date the aggregate net
week in 1899, and
the
rainfall
being one inch and three hun^eek,
the
past
overland exhibit? a decrease from a year ago of 11,914 bales.
dredths. The thermomeur has averaged 81, the highest
1900.
1899
oeing yi and the lowest 69.
In Sight and Spinners'
Augvstn, Georgia.—Tne gathering and marketing of the
Taktngs.
Since
Since
Week
Week
croo is p ogressing rapidly. There is an active export deSept. 1.
Sept 1
59=>
1,101
1,900
3,15tf
n
1
1
down of local mills beginniug next
have had no rain during the week. The thermometer has ave nged 8i, ranging from "0 to 95
Chariest' n, South Carolina.— Toere has been rain on three
days curing tbe week, to theextentof sixty-eight hnndredths
The thermometer has ranged from 74 to 85,
of an inch.
averaging 82.
Greenuood, South Carolina. Cotton is opening fast and is
Farmers are marketing at, present prices.
of lair stHple.
We have had no rain during the week. The thermometer
has ram ed from 69 to 91. aaverging t>0.
Stateburg. S uth C rolina. Tnere has been no rain during
tbe wtek, bat the we*ther is now threatening. R»in. however, could n>t help cotton now. The yield will not go
heyond onetblrd to one-half a crop. Average thermometer
mand.
Receipts at ports
to Sept.
Southern consumption
14
to Sept. 14
84,869
2,5t8
28.000
11\43
-
'
26,367
Game Into sight during week. 140,804
Total In sight Sept. 14..
Rorth'n spinners tak'gs
to
Sept 14
Jute Bdtts, Bagging.
&c—
2.696
137,234 166 563
4, •20
283,788
7,6 H 6
1*1,5
56,000 28.0C0
19V54 202
199
3*,27o 33,6.8
4
61,000
361 3 2
45,370
235,817
230,124
12,297
406,692
19,856
Jute bagging his been io
36,050
mod
erate d miud tbe past w»-ek, at unchanged quotations, viz :
1% for \% lbs and 8c. for 2 lbs , standard sondes. Car
load 1 ts o' stand <rd brands are quoted at 8@8^'o., f o b.,
accord no; to quality. Jute bntts du'l and nominal at l%c.
for paper quality and 2'4c. lor bagging quality, new crop.
.
week.
Partial shut
We
—
—
83
7,
highest 95 and lowest 69.
.
:
September
THE CHRONl^LR
1900,|
15
MB.8TEB maukhjt.- Our report received bv c*tne
to-night '•'Ti Manchester states t*>at the market Ins continued quiet for both yarns *nd shirtings, in consequence of
Liverpool news. W^ tdve the prices for t »-day below and
leave those for previous weeks of tbis and last year for
comparison.
Ms-
New
Oki K»NS— ( Concluded)—
To Barcelona— Sept. 12 -Steamer Berenguer
8>« lt>i SMrt Oott'n
ingt, common Mid.
5,300
Twiit.
m
3>«07
d.
d.
A.
»8'9
H
t»8 7e
»8 78
»8 78
8
"%
8*
8.
4
d.
d.
9
9
3
"9>*
9"* »....
d
5i»3v
5« M 32
Bhxrt
log.
S'pt.
?8
d.
d.
®69t
»6\
'H
2
4)«3>7
6»n
-a« 78
5»«»7
6 «7
7 6 :<a
6
v»ti 78
6
al
D
:
.
3»u
39,
Sept. 1.—
ber 1 is given bel w:
Tbemontb'v repor* of the Statistician of the Department of Agrito
culture chows the average condition of cotton on September
19
68 5 on S >phave heen t>8-2. »« compared with 76 on August 1, 18
'8. and 7> 6 the
tenii>er 1. 1H99. 7« H at the convspon '1ng date In
mean of the September averagen of the lust ten years. Except In
MiRHleclppl. wheie there is no appreciable change In condition there
has beeu a decline during Auuu»t throughout, ihe entire cotton 1m t
The lose amountR to two points in Oklahoma. 3 In Alahatna and
t
I
in the different States
as follows
73
6»
60
6»
Virginia
North Carolina
South Caro iua
Ge.rtria
on September
1
was
64
64
78
Oklahoma
Indian Territory.. 72
64 TennPssee
60 Missouri
Alabama
Mississippi
Louisiana
'<•
Texas
77
65
71 Arkansas
Florida
Two speolal agent* have reo-lved telegraphlo Instructions to proceed at iiqoi to th devastated region in Texas, and a sp.-oial report
will be issued as soon as possible.
That the reader mar have for comparison the condition,
according to the Agiiculmral Department, for September 1
for a series of years, we give the following, collated from i.s
•
o>
a>
00
O
Virginia
No. Carolina
So. Carolina
73
(4
Georgia
80
Florida
..
.
.
.
Mississippi..
Louisiana....
Texas
Arkansas ...
Tennessee
Indian Ter..
Oklahoma
Average
78
f,r
W
81
84
81
8«'
73
rO
70
77
77
7«
7s
74
61
6ft
HV
«4
6
76
78
7b
75
89
95
8?>
<u
72
78
53
60
98
90
71
61
..
.
Alabama
8(1
87
TO
o>
00
8>
T.
CO
3>
CO
00
t»
90
t-0
95
70
84
7<>
90
86
H2
"6
s9
8"
71
81
61
7ft
78
70
6o
7«
«2
6o
6
7"
75
77
81
93
95
hi
JL
"4 100
*»
7«
71
72
e6
7'
•*
oi
•a
o>
00
86
84
82
86
85
ft
H
IN
3>
CO
3
X
01
CO
00
78
6
C5
93
7*
?U
«f.
3
77
Ml
79
82
H8
8V
SO
77
8ft
6
8.1
91
84
78
7*
rl
63
72
72
7(.
85
Ml
sV
Pfl
8<>
7<
84
66
79
8K
84
Hit
CJ
00
s
P3
76
77
in
84
87
93
77
b9
94
62
79
87
90
94
91
88
91
81
KO
84
81
60
65
'es-2 «8-5 79-8 78-3 64 2
70>
*5-9 73
—
--
•-
4"6
-
shedding and premature
by showers in Florida. Complalms
opening continue, and somi d image Jrom rain has required to the
open i-tapie In Georgia, while the bolls are smsll and dllllcuH to pick.
No serious Injury to cotton from the recent tropical s'oiiu is reported
from the central i-eciioti; in Louisiana the first picking is yirluing
falrlv well, out ihi urospects for a top orop In that mate, »s wrll as iu
Mississipid a> d N. rth Carolina, are unfavorable. Slow progress was
madeln pb kli g In Aikansa*- aDd Mississippi, due to hot weather and
Tuei.
Wedner
Liverpool, Oot..d.
»«4
»i«
»ts
»te
Havre
e.
50*
60*
50*
to*
60*
50*
Bremen, Oct
c.
45
45
40
40
40
50
46
40
40
40
50
45
40
40
40
60
45
40
40
40
50
45
40
40
40
55
50
45
50
50
50
fO
45
50
60
45
50
55
55
60
8 1H
8 l«
8
h*
Hamburg
Amsterdam
a previous page, the
exports of cotton from the United States the past week have
reaohed 37,8Ui bales. The shipments In detail, as made up
frotii mall and telegraphlo returns, are as follows:
* *
Total baft.
News.— As snown on
To Hull, per steamer Buffalo. 300
To Havre, per stebmer Alex. Bialo, 493
To Bremen, per steamers Grosser Kurfurst,
—
Cnflc,
2 »"74
45,s
2,924... Lahn,
v6
To Hamburg, per steamer Cap Frio, 00
To Antwerp, per steamers St. Flilans, 248....Westernland,
1
3ft*
To Barcelona, per steamer" Leim XIII., 1,672
Hxi» Oklkajih To Liverpool —Sent. 8- Steamer Costa Rican,
4,485... Sept. 13 Steamer Tamplcau. 5.500
To Antwerp— Sept. 11— Steamer Southgate, 112
40
40
40
60
..c.
c.
e.
Rotterdam
Reval, v.Br-Hame.
Do
Do
r*.
Tkuri
»l«
v. Hull...c.
453^0
v. 3t. Pet.e.
Genoa
45
45
c.
Trieste, asked... c.
d
Antwerp
8 6
7 32
45
ie
3
7 32
7
Ghent, v.Antw'p.d
'»9
'ag
*a
4n»t»ri >n« are oents per 100 lbs. or fractions of a penny per
* And 5 per cent
1A
lb.
LivKtcHooL.— By oable from Liverpool we have the followtho week's salfts stocks, rfco at that norti
infr"tat.p>mpint of
Aug.
week
Aug. 31
24.
Sept. 7
bales.
20,000
20,000
Of which exporters took. ..
Of which speculators took.
Sales American
1,400
],<!00
tales of the
Actual export....
Amount
afloat
30ri,000
217,000
36,000
2 \000
32,000
......
Of which Amerloan
*
Sept. 14.
61,000
,00
300
200
44.0O0
16,000
H.OOO
3,000
4»,0O0
39 0O0
276,000 *.09.OO0
1*9,000
KM.OOO
14.000
15,000
1
,000
11.000
3 ,000
ae.ooo
21,000
22,000
600
15,000
8,000
32,000
forwarded
Total stock— Estimated
Of whloh American -Est'd.
Total import of the week
Of which Amerloan
l
1
2ft,000
42,000
H00
2.K>0
19,000
4,000
4 '.OOO
171,000
110,000
8,000
4,000
4ft,000
31,000
Stock corrected.
The tone of the Liverpool market for spots and futures
each day of the week ending Sept. 11 and the daily closing
pr nos of spot oot.ton. have heier *n follows
8pot.
Market
6t
F M.i
Sat' day.
Monday
doing.
deiuuiiQ
Hid. Upl'ds
5ales
<peo.
Tuesday. Wcd'day. TKur$d'y
Moderate Not much Not much
Qnlet.
doling.
7k
7>4
IrreKQlar.
7>«
Friday.
Steadier.
738
5,000
3,000
7,000
5,000
7,000
3,000
2t0
600
500
200
800
000
Aexp
Putures.
Market,
:4ft
P. M.
Market,
4 P M.
Easy at 8'rontrat 8tronK at
3JM «u S-(M 6-f)4 11 -Hi
w,
decline, advance. advance
; -
.
Excited.
.
i
i
-
.
liar«ly
IrreK. at
steady at
i
4
(rreKulai. Feverish.
m
12-t)j
clause, unlpsp
J«-fJ4
advance
dec.
Barely
Steady.
steady.
Ihe prices of futures at Liverpool for each
lelow, Prioes are on the basis of Uplands.
IrreK. at
4 fl4
3 *»
decline.
Barely
steady.
day are given
Low Middling
nrhprwlsp st.atpH
Sept.
12»*
P. M. P.
d
September.. 6 0^
8.
irjon.
Tuen.
Sept 10. Sept. 11
1
1:45
3,»75
10J
606
1.672
»»??
112
4
Wed.
4
1:45
d.
6406
d
d.
d
d.
12 Sept
1:45
4
d.
2 6 57 7 05 6 57
5 2 5 43601 6 03 6 10 6 01
Oot-Nov... 5 04
14
z9 => 32 5 42| 3
Nov. -Deo .. 4 9 03 5 16
* 3l|5 ,H
ftt,
Deo. -J an
I 6
1 12 5 14 5 2ri 5 22
Jan -Feb.... 53 4 60 S09 S 1 5 24 5 m
Feb.-Moh..
51 4 57 ^ on !S Oi 5^1516
Mch. -April.
50 4 5- 5 04 5< 6 5 ') b 14
April May
1 .V 5 02 5 0* 5 17 5 1
May- inne. 4 44 4 52 4 64 ftO 5 16 5
June-July...
4 :< 4 2 5 00 5 1*15 10
July Aug.... 444 4 48 4 5b 4 62 5 12,5 09
>
arm.
Sept
M
->
>
•
*
.1
U
<
e.
d.
14 7
6
6 06 6
3»
44
5
b
5
5 27 5 32
1
2 5 27
5 19 5 2
22
5 17
5 l 5 19
5
17
5 13
5 12 5 16
-
1
.i
>
Vr%.
Sept.
14.
4 1:45, 4
M. P.M. P. M. P. M.
d.
d.
707 7
1
13
1:45
M. P.M. P.M. P. M. P.M. P.M. P.M.
Sept.- jot...
notrcity of picRers In the tlrst-named State, owing to the rostratl- n
of wires by the tropical storm which recently devastated Texas.no
reports concerning cotton have been received from that State.
Liverpool, per steamers Bovlo, 1,312
0'2... .Iberian. 5«
week have been
Mon.
Sat.
of ru-i,
1
87.808
in
the past
Batur.
<2-7 85-5 86-6
In the eastern part of the cotton belt ihe greater part of the crop
is now open and poking is progressing rapidly, b t has been dela\ed
Nkw Yorx-To
New York
500
....
Goveknment Weekly Cotton Report.— Mr. James Berry,
Chief ol tht Climate and Cr p Division of the U. S. Weather
Bureau, made pnblic on Tuesday the telegraphic reports on
the crops in the Southern States for the week ending S^pt. 10,
Bummatiz'ng th-m as follows:
Shipping
6,891
1,200
as follows.
:4ft
repons:
Slates.
..
,
Florida 4 In Virginia, 6 In Texts, 7 In Loul-laua. 8 In Georgia, 18 In
Tennessee. 14 In rionth Oaiollua, \n In North arollna, 18 in Arkan
In Missouri. A-> on Am/u-t 1. a
bbh l In Indian Terrlt ry and
vear average is almost every where reported,
condition heiow the
the delict ncy being < points in Louisiana, 9 In Georgia, 1" In Florida,
14 in VirKlnla and Arkansas. lf> in Tennessee, 17 In North Carolina
and 1* in ^outh Carolina and Mississippi. Only In Texan, where the
condlllonlsH points ab>ve he ten-\ ear average, and in Oklahoma,
where It oorrnhponds ex -ctly to the average of the tour years for
which statistics are available, is the o ndition other than distinctly
and more or less serlouslv unfavorable. As compared wtli leptember 1 18' 9. present conditions are less favorable in North Carolina,
8outhC»'oltns, Alabama. Mississippi, Louisiana and Tennessee to ihe
extentof 9,6, 12. 18, 4 and 12 points, respectively, «nd more fav r
able In exas, Arkan-as, Indian Teirltory ami Oklahoma to the ex
tentof '6. \ 19 and 18 points, respectively. In Georgia the g. in ra'
condition on September 1 corresponded as closely as It Was possible
to estimate it 10 what it was on sept. 1 of last year.
The condition
«
Total
a
partment's report on cotton lor Septem-
>
\
aw
3'6 a
3
3
t»">
The Agricultural Department's Report for
The Ayncnltn'
316 2
3 7 i«
5,30«
amer Winlfredian. Oo
vernla, 905; Mtohl*an,4" .. He it 8 —
Sept. 11— Steamer New Eng>
I
Cotton freights at
»7 2* 3"
5
8
»« 7«
4
— Ht
To lverpool— Sent 1— Steamer Indore, 1,200
To Bremen-Sept. 7-8teamer Main/,, 500
Upld*
d.
2
6
«
523.,;,
7— rtteamers
I
Hid.
8.
4^*7
Hepi.
450
Steamer Irishman, 2,06i
Oott'r.
to flnett.
5U, 6i6 18-6i3
®7
©7
8
10
*i«>»7 11
5 1iifl*8 6
3
Twitt.
Uptds
to finest.
8»«
SH
To Liverpool
Boston
land, i,7
52* Oop. ings, tom/moi'
'50
4,
4,1.'»0
84it,w
32* Oop
Total bale*.
Grande,
el
...
Oalv nToN— To Havre -Sept. 7 Steamer Woodlelah 4
Wilmtnoton—To Ghent— 8ept. li— Steamer ArnoM Luyken,
1899.
1900.
5«l
d.
d.
25 7 2 7 1 7 12
28 6 22 0> >, 09
47 6 48
61 * 5».
&5 5 46
h 49 5 .««
5 4- 5 3
:i7
M
5
5 43
531
A,
ft
4<>
3.
5 9
'i
5
)
"i
li 5
'22 6
S 1
5 16 2- 5 20 5
5 1
5
5 08 5 12 5 34 5 i 6 5
S 3
5 37 5 2.">
37
f-31
2* 5 28
H
26
4
23
21
20
16
BREADSTUFFS.
Friday, Sept. 14, 1900.
maik^t for wheat
flour, although reaching only moderate pn>pjitioo8, has
bbo-vn sometbiDg of an increase from that recently noted.
An advance in prices for the gram has had ». stimulating influence, and the local trade has been a freer buyer, in some
instances taking moderate siz^d lines. Qaot'd values h*ve
rhown little change, but the ac'ual tradiug prices have b»-en
slightly more favorable to sellers.
City mils have had a
The volume
of business transacted in the
Rye fl >ur has been quiet, but
offerings have been small and prices have been well maintained. Corn meal has continued to meet witn only a small
sale, but prices have been well held.
Speculation in wheat for future delivery has been slightly
more active, and the tendency of prices has been towards a
limited -ale at steady puces.
4
THE CHRONICLE.
562
higher basis. The character of the foreign advices has been a
pronounced bullish factor in the situation; they showing mare
stability than his been expected. Statistically the position
in the United Kingdom appears to be a strong one, it being
estimated that the yield of the United Kingdom crop will
be about 12,000,000 bushels less than last year, and the old
reserves are figured to be at least 8,003,0 JO bushels smaller
than a year ago. The movement of the crop in the Southwest has continued large, but the movement in the Northwest
has been comparatively light, reflecting the short yield of
the spriDg- wheat crop. Further reports have been received of
damage to the crop in the North west in the shock and stack.
An active cash demand for wheat also has been a factor favorable to the market. Accounts from the interior have reported large sales to both exporters and millers, and at the
seaboard there has been a large export business transacted.
The monthly Bureau report, although about as expected,
was of a character to give encouragement to the bull interTo-day the market was firmer early, reflecting strong
est.
advices from the Northwest, but later in the day, under realizing sales, prices weakened slightly. The ep ~>t market was
fairly a stive. The sales for export here and at outports
were 800,000 bushels.
2 RED WINTER
DAILY CLOSING PRICES OP NO.
Sat.
Cash wheat
f.
o.
80
b
Sept. delivery In elev
Deo. delivery in elev
March delivery in elev..
May delivery in elev
78 k
80 %
Mon.
Tut*.
Wed.
8038
81k
80k
82k
84%
80%
79k
81%
84k
84k
78 7a
81k
8334
833s
83k
DAILY CLOSING PRICKS OF
83*5
845s
NO. 2 SPRING IN
Mon.
Sat.
NEW YORK.
IN
Tuet.
Fri
Thurt.
8138
81%
80 «
80k
82%
85k
825a
853a
85*8
85
CHICAGO.
Wed.
Thurt.
Fri
75
74%
73k
74k
75k
73k
75 7a
73%
74
753s
74k
75k
76>4
74*8
76
76>s
74k
75k
Indian corn futures have been quiet, but there has been a
fractional advance in prices. Tne feature of the market
Sept. delivery in elev....
Oct. delivery in elev
Nov. delivery in elev
the strength of the statistical position, the visible
beiDg about 2,000,000 bushels smaller than last
The movement of the crop has increased someyear.
what latterly, reflecting the premiums being paid for
nevertheless the receipts are smaller than
cash corn;
a year ago and demand is sufficiently large to preWeather conditions as
vent an accumulation of supplies.
to the maturing crop have been favorable and the yield is
large business
estimated at about 2,000,000,000 bushels.
has been transacted in actual corn, including big purchases
of new crop for delivery up to January, exporters have been
conspicuous buyers, and firm prices have been paid. To day
the market was firmer, particularly for the near-bv deliveries.
The spot market was fairly active and higher. The sales for
export here and at outports were 450,000 bushels.
YORK.
DAILY CLOSING PRICES OF NO. 2 BOXED CORN IN
Fri.
Wed. Thurt.
Mon.
Tuet.
Sat.
47%
47
Cash corn f. o. b
47k
473a
48k
47k
46
46%
45 k
Sept. delivery lii elev
45k
453s
453s
LXXI
fVoL.
The monthly report of the Statistician of the Department of Agriculture stages that the average c mditlon of oorn on September 1 was
80-6. There was a decline luring August amounting to 6 9 points,
and the condition on the first of the present month "was 46 points
lower than on September l, 1899, 3 5 points lower than at the
corresp nding date in 1*98, and 11 point below the mean of
the September averages for the last ten years. The decline during
August amounted to 1 point in Iowa and Texas. 2 In Illinois and
Kentucky, 3 in Ohio. 10 in Tennessee, 12 In Nebraska. 15 in Pennsylvania and Missouri and 16 in Kansas. Notwithstanding the general
decline, several important cor States still report a condition considerably above their respective ten year averages, such excess
amounting to 12 points In Illinois, 14 in Ohio, 15 in Indiana and 23
In Iowa. On the other hand. Pennsvlvanla. Tennessee. Kansas and
Texas report 10, 19, 15 and 8 points below their respective ten year
averages.
i
The condition of corn on July
in each of the last three years i3
August 1 and September
shown in the following:
1
,
1
CONDITION OF CORN.
1899.
1900.
States.
H
.-4
r-i
r4
H
t
5Q
*4
1898.
r-i
r-i
r-i
r-i
M
*
55
84
104
Iowa
Missouri
81
Kansas
55
Indiana..
99
73
Ohio
95
99
101
99
Texas
75
Tennessee
6)
90
Pennsylvania...
75
86
105
99
71
98
85
98
98
98
94
76
79
92
90
Illinois
,
92
102
101
93
89
93
90
88
88
80
77
41
88
91
89
83
85
87
95
85
87
75
90
96
79
77
74
84
i
91
82
?8
106
94
99
90
95
91
98
87
76
73
93
86
31
85
92
90
93
85
89
85
80
82
89
60
95
62
92
80
98
94
100
100
101
88
84
84
83
80
85
72
92
86
69
86
85
89
83
96
102
104
98
97
82
1
83
100
78
83
94
90
90
94
99
95
103
96
95
89
is
supply
A
NEW
Deo. delivery in elev
delivery in elev....
4lk
41k
415s
41%
41%
41 7a
4lk
40 7a
4lk
4lk
4lk
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.
Wed. Thurt.
Fri
Sat.
Mon.
Tuet.
May
41
40%
40k
40k
40k
405a
39
38%
39k
39k
39k
36%
36%
363a
36k
365a
Oats for future delivery at the Western market have received a limited amount of attention and the tendency of
prices has been towards a slightly higher basis. The movement of the crop has been somewhat under expectations, and
this, coupled with a fairly good cash trade, has stimulated
some speculative buying for investment account. Locally
the spot market has been steady, with the home trade a moderate buyer. The export business has been checked by the
high ocean freight rates ruling. To day the market was
steady. The spot market was unchanged.
Sept. deli very in elev....
Oct. delivery in elev
Nov. delivery in elev
403s
385s
363a
NEW YORK.
DAILY CLOSING PRICES OF OATS IN
Sat.
Mon. Tuet.
25
25
NO. 2 mixed in elev
25k
27k
No. 2 white in elev
Sat.
Thurt.
Fri.
25
27
25
27
IN
Mon.
Tuet.
Wed.
Thurt.
Fri.
21%
213a
2lk
215a
21k
2 1 3g
Sept. delivery in elev
25
27
27%
2 MIXED OATS
27k
DAILY CLOSING PRICES OF NO.
Wed.
CHICAGO.
2'78
2134
22
21 78
Oot delivery In elev
215a
215a
22<4
22
Nov. delivery in elev
22^
22k
223a
22k
Rye has been quiet but well held, Barley has been dull
but steady.
Following are the closing quotations
FLOUR.
Patent, winter
Fine
92 30 «2 40
$3 75 ©4 10
Superfine
2 50 -a>2 60
City mills, patent.. 4 25 ®4 75
2
2 60 a 65
Ryenour,superflne 3 00 ®3 60
Extra, No. 2
2 50 92 80
Buokwheat floor
Extra, No. 1
9 ....
40
3 00 «3
Corn mealClears
93
Western,
3
50
90
etc
Straights
2 30 H2 45
Brandy wine ....
Patent, spring. ... 4 00 ®4 80
2 50
(Wheat'flonr in sacks sella at prloes below those for barrels.)
t
Wheat, per busn.—
Hard Dul nth, No.l
N'thera Dul., No.l
Red winter. No. 2
N'thera N.Y. No.l.
Oats— Mlx'd, p. bush.
White
No. 2 mixed
No. 2 white
o.
o.
GRAIN.
Corn, per bush.—
86k »88
BSk936
79 7a»8l%
81 7a»83%
24k»27
26 981
25 »26
27 »28
Western mixed
No. 2 mixed
Western yellow
Western white
Rye, per bush-
Western
o.
44k® 48
44%»48k
7
©47 a
46*4»48k
46
55
State and Jersey
Barley— Western
Feeding
o.
/
tT53k
-9
48
40
®57k
»51
Agricultural Departments September Report.— The
report of tae Department of Agricultuie for September 1
respecting cereal crops was issued Sept. 10, as follows:
Average U. S. 80-6 87-5 895 85-2 89'9 86-5 841 87-0 905
The condition at harvest of winter *nd spring wheat combined was
69-6, against 70-9 on September 1,18*9, 88*7 at the corresponding
date in 1898, and 80 9 the mean of the September averages for the
last ten years. The conditions in Missouri. Kansas and Texas are 18,
32 and 26 polts above the respective ten- ea averages. On the
other hand, Illinois and Iowa are 1 Wisconsin 6, Nebraska and Wash-
ington 7, Pennsylvania I ?>, California 18. Minnesota 24, South Dakota and Oregon 26. Michigan 43, Indiana 49. North Dakota 57, and
Ohio 60 poif'ts below their respective ten-year averages.
The average condition of oats when harvested was S2-9. against 85
on Aug>st 1. 1900, 872 on Septe ber 1, 1899.79 at the corresponding
date in 1898 and 79 8 the mean of the September averages for the
last ten years. Since August 1 there has been a deoline of 1 point in
New York, Pennsylvania and Illinois. 3 points in Iowa and Missouri,
4 points in Miohlgan and 16 points 1 Nebraska
On the other h*nd,
there has been an improvement of 1 point in Wisoonsin and Kansas,
and of 4 points in Minnesota, with no aoore iable oha ge in Ohio and
Indiana Of the States having nue mi'llon acres or upward In oats,
New York reports 2, Pennsylvania 3, Nebraska 8, Wisoonsin 9, and
Minnesota 26 points below their respective ten-year averages, while
Iowa repor s 6, Ohio 10 Indiana 12, Illinois 19 and Kansas 24 points
above their respective ten-year averages.
of barley when harvested was 70 7, agiinst
1900. 867 on September 1, 1899, 79 2 at the corresponding date in 1898, and 83 9 the mean of the Septe ber averages
for the last ten years. Sinoe August i the oondition of barley has
improved 1 point in New York and Minnesota, 2 points in Wisoonsin,
and 3 in Srah Dakota It has deolined 1 point in North Da'tota,
Iowa and Kansas and 3 points in California. In New York and Iowa
the condition at harv st corresponded with the ten-year averages, in
Kansas it was 11 points above such average, and in California, Wisconsin, South Dakota, Minnesota and North Dakota it was 10, 14, 17,
26 and 59 points below.
The condition at harvest of winter and spring rye combined was
84*2. against 82 on Sept. 1, 1899,89 4 at the corresponding date in
1898 and 86*5 the mean of the September averages for the last ten
years. Kansas is the only State having 109,00 > acres or upward in
rye reporting a oondition exceeding its ten-year average
The average condition of buckwheat on September 1 was 805, as
compared with87 9 on August 1, 1900; 7 5'2 on Sept. 1, 1899; 88 8 at
the oorres Bonding date in 1898 and 863 the mean of the September
averages for the last ten years. In New York and Pennsylvania,
whloh together produce about five-sevenths of the entire orop, there
was a deoline of 11 points and 5 points, respectively, during August.
The average oondi ion
-
716 on August 1,
r
i
The condition of the various crops on
series of years is as follows:
1898.
1900. 1899.
1897.
September.
80-6
84-1
79-3
8V2
Oorn
70-9
86-7
85-7
696
Wheat
89-4
84-2
82
90 1
Rye
82-9
79-0
87-2
846
Oats
70-7
8S-7
792
864
Barley
77-7
66-7
...80-0
863
Potatoes
63-2
63-5
73-3
79 8
Cotton
75-2
83-8
80-5
95 1
Buckwheat
Septembar
1
for a
1895.
96-4
75-4
83*7
1894.
63-4
83-7
860
77 8
I
87-6
83-2
998
71-5
62'4
85-9
1896.
910
746
820
74
83
642
932
70-8
87-5
Government Weekly Grain Report. — Mr. James
869
692
Berry,
Chief of the Climate and Crop Division of the U. S. Weather
Bureau, made public on Tuesday the telegraphic reports on
the grain crops in the various States for the week ending
Sept. 10 as follows
Weather —Hot and dry weather has been a marked feUureof the
reports from the greater number of the Saves east of the R>oky
Mountain slope, exoeptlng the Northwest and the upper peninsula of
Miohlgan. where rains have retarded work and caused some damage
:
Florida, New
Ohio, Ndw York
and Pennsylvania. Drough'y conditions, however, prevail in New
England, the Atlantic Coast States, the oentral valleys, northern porGenerally
tion of the Gulf 8tates, and the southern pUtetu region
favorable weather conditions prevailed on the Paoltio coast, although
rains caused some delay to farm work in Oregon, and slightly damaged late fruit in California
corn.— The hot, dry weather has rapidly matured corn, and under
existing conditions the orop should be praotloallv safe from frost by
September 15. Cutting Is In progress in all sections, and an excellent
orop is assured in the prlnoipal ooru-produolng States. Late oorn is
drying in Oentral Kansas, is seriously Injured by drought In portions
of Kentucky, and will be short in West Virglnl i, Virginia, portions of
Pennsylvania and the South Atlantlo States.
to outstanding orops.
Mexloo and portions of
Bensttolal rains ooourred
Alabam i L oulslan
i.
in
Illinois.
.
—
..
9
,
.
September
.
THE CHKONICLE.
15, 1900.]
The movement of breadstuffs to market as indicated in the
statements below is prepared by ns from the figures collected by the New York Produce Exchange. The receipts at
Western lake and river ports for the week ending Sept. 8,
and since Aug. 1, for each of the last three years have been:
Keetifts «t-
Barley
Oats.
Corn.
Wheat.
/lour.
'**.
5blt.l96lbr Bush.BOlbi Bu»h.66H» Bush.32lbs Bu*fc.4RIh HU.6»
8,308,496
237,675
1,786,260
48,150
2.307.800
114.560
i
Chtoago
168,060
108 900
U0.500
664 630
62,021
1.633
1.9C8 000
97.620
19.167
371,171
237,6(8
7,600
60.013
46/06
47,486
82.108
629,426
21,360
20,650
184,032
357,260
609.100
110 400
6 802
369,800
432,210
132,889
542,833
240,035
376,800
1.645,600
114,750
81,200
93,376
Milwaukee
MlnneapolU
Cleveland
Louii
St.
.
. .
Kamai
City-
Tot.wk.1900
dame
Same
wk.'99.
wk.'98
Sinc« i«j.
1900
293.860
16.600
30.167
145,590
8,000
17,220
17,692
14,700
2,250
1,837
23,200
4,200
456.6:
7.856,84?
3,443 141
6,600,444
442,821
828,471
6,585,919
6,581,438
4,291,922
740,422
681.236
115,299
246,119
7.240,513
4,025,233
4,821.074
1,076,677
249,364
543,621
832,987
1.
2.260.447
41,087,299
16,657,278 28.316 451
2,113.763
1899...
2,557,529
23/83 312
1898
1,821.013
26.8S5.713
28,95 3,837
2,407.536
2,301.238
28.861.fe93
24.2H2.033 21,204,5*5
1,368,515
The receipts of flour and grain at the seaboard ports
week ended Sept. 8, 1900, follow
the
for
:
Wheat
F.our.
N«wYork
-
Boiton
Montrea'
Phlladelpnla
Baltimore
Blohmond
New
Orlean**
Newport Newi
bush
bush
135,697
81,335
27,431
64,615
98,«0«
1,226
10.684
16,256
813.375
461,«o«
707.694
181.074
28-. IS" 2
17.97s
308.000
24.' 00
649.850
92,788
773,425
134,177
239.182
217.5H7
129 607
15,850
144,260
218.570
Galveaton
Portland. Me
Mobile
2.626
Oats,
bush.
843,100
B«rl«v
buth.
62 800
24,376
432 9K8
8.8«9
8,734
'2l',875
93,069
58t,«93
90 330
13 316
34,835
'
781
'25.879
734
433,273
155,848
1899
3.544,467
2.797,626
69 204
72 883
313,222
68.009
-aw Oriaani tor torelc'
Wheat.
.bntb.
. .
Oati...
Barley.
*ye....
"
Total grain....
183,24 5,327
62,855.6'
4,612.- 81
265,728,861
Up
to a week ago buyers of cotton goods, if not indifferent
coarse of the cotton market, showed little indication
the
to
of alarm and were still moderate purchasers outside of print
This week has shown an entire change in their atticloths.
tude towards all descriptions and the volume of business,
while large, would have been much greater had sellers met
the demand as freely as it came forward. Staple cottons as
loDg as available at old prices were speedily taken up, and as
sellers advanced prices buyers followed with little hesitation
The market at
so long as quick deliveries could be secure I.
extraordinary
position.
Stocks
on hand
the close is in an
have been reduced to famine point in many lines, while for
forwaid delivery most sellers are refusing to entertain bids,
having, under instructions from their manufacturers, withdrawn from the market for the time being. The stock of
about 1,500,000 pieces of cloth reported carried in Fall River
at the beginning of the month is said to be nearly all disposed of. Bids at J^c. advance for the balance of "pool"
goods are declined at the close, with the committee refusing
Even the improvement
to make quotations for contracts.
heie noted is decidedly inadequate compared with the ri3e in
the price of cotton, and a heavy curtailment of production is
regarded as certain in the near future, the movement in that
direction having already made considerable progress.
packages, valued at $172,820, their destination being to the
points specified in the tables below
:
sa
Week. Since Jan.
32
18P'
17,826 261
1898.
13.210.524
76,000,697
147 7?0 25!
67 288 893
80,573.633
66.761,606
123.741.870
62.632.945
7.714 458
1,848.072
Sept. 14, 1900.
1900.
compare
to Sept. 8
1
1899.
14,467,247
14,523,459
bolt
flour
from Jan.
York, Friday, P. M.,
Domestic Cotton Goods. The exports of cotton gooda
from this port for the week ending Sept. 10 were 2,723
2,192,464
3.615.454
Reoelpti do not include «rain paaeiuii through
ortton through billiof ludlna
Total receipts at ports
follows for four years:
1900
receipts of—
New
—
660
'
69.603
1,979.191
3,289,433
THE DRY GOODS TRADE.
'
•
Corn
""
R*t>
but*
26,533
Total week.
Week
Corn,
bbls
at—
Receipts
563
385
1,593
1,266
140,445
8,889
23,259
2.879
19,328
2,239
8,516
30,926
6,572
2,723
246,412
1
51,331,718
131411,2 7
4,303 285
3.110 927
10,262,043
5«.e3*,991
7.2*1,903
6,9t6,b6o
285,510.635
804,412,713
256,6t8.739
The exports from the several seaboard ports for the week
ending Sept. 8, 1900 are shown in the annexed statement:
9
618
25
263
1,390
Other Countries. ........ ...
1899.
1.
TVee/c.
Since Jan.
78
2
1,550
1.
723
224
179.595
1,880
2,051
34 539
38
631
39
108
555
86
11,321
21,606
2,998
7,392
32,389
5,836
3,812
299,829
,
Wheat,
Exports from— bush.
Hew York
Boston
Portland, Me.
Philadelphia..
615 75S
281.394
92,768
Baltimore
Orleans.
New
Newp'rt New*
Montreal
8alve»ton
Mobile
Corn,
Flour,
bush.
917,663
309,026
bbls.
83,375
14.582
2,4 25
27.618
358.669
446,749
145
218.570
423.974
64,000
80.000
40.000
i 4,(00
634 649
80.0CO
Oats
bush.
Ry«,
bush.
Peas,
bush.
16,786
421, ,i8t
3,243
Barley
bush.
25,426
413,618
69,304
307,936
100.839
17,071
5,382
16.255
12.924
728
2,938
„
226,893
'. '.
'.'..
29,802
'.
'28,633
26.151
16.786
179,782 1,54''.108
32,546
Total week .. 1,912,589 2.701.229
389.524
91.838
21,354
Same time '99. 2.616,166 4,582 626 322.229 2.801,777
The destination of these exports for the week and since
September 1, 1899, is as below:
Flour.-
Mxvorts for
meek and since
Sept. 1
to-
United Kingdom
9.
*
America.
C.
West Indies
Br.N.Am Colo't
Week
Stpt. 8.
Totai
Total 1898-99.
Sept. 8.
179.782
322.229
1,784,612
128.077
1.912,589
2.516,156
Week
1899.
ush.
Sept. 8
1,781.512
128.077
1,160,153
1,611.974
31,654
4,308
4.562
1,678
1.
I
466
179.782
322,229
— r»'«.
-UnteSiv
>
Sines Sett.
tsh.
bbls.
148,707
7,233
11,4 01
9.475
2.600
Other countries
Week
1,1899
bbls.
148,707
7,233
11.401
9,475
2 600
466
Wheal.
i
Sine* Sett
1, 1899.
bush
bush.
1,912.589 1.912.589
2,618.158 4,682 6 id
1,150.153
1,611,974
31.651
4 30S
4,562
1,578
1,912.589
4,6s2,826
The visible supply of grain, comprising the stocks ii
granary at the principal points of accumulation at lake and
seaboard ports, Sept. 8, 1900, was as follows:
Wheat,
In store at—
Hew York
Do
afloat
bush.
3.340.ofw
35,000
,
Boston
891,000
667,000
1,578.000
726,000
2.223,000
216,000
26,000
2,950,000
Philadelphia
Baltimore
New Orleans
Galveston
Montreal
Toronto
Buffalo
Do
„ Do
1,378,000
Do
Rv»,
busk.
Sarin,
108,000
£08,000
483,000
538, "10
341,000
*63 )00
bus''
23.00
83,000
199,000
1,000
143,000
255,000
"f;3,000
867.00.*
1,401.000
35,000
107.0C0
73,000
4,000
871,000
17.000
. • *
.
.
32 00"
823 000
63,000
7.C00
12.318.00C
8;b',bbo
8.979,000
i6i,6'co
150,000
afloat
OBleago
Do
afloat
....
Milwaukee
Do
780,00f>
'
'
7,0'
afloat
Pt.Wlirm&Pt.Artnur
Duluth
Do
1,198,000
236,000
116 00'
60,000
47^000
339.00C
7.000
4,000
17,000
651.000
68,000
89.000
20,000
99 „ou
2.000
31,000
644.000
24,000
9,000
1,215,000
63,000
1,815,000
232,000
718,000
'is'.ooo
41.C00
61,736.000
60 286,000
36,129 000
8,107,000
15,766,000
5.357,0(0
8,8
6.?li000
7.317 000
9,253,000
6 f 61 000
4.277 000
9,701,000
831 000
769,000
697 000
699 000
457,000
549.000
618.000
8,319.000
1.330,000
6,£05,i,0i*
afloat
MlnneapolU
8,589.000
4,6X4,000
0t Louis
afloat
KansasClty
l,(67,oou
P«orla
Indianapolis
On Mississippi Hirer.
On Lakes
On eanal and rlrer.
. .
Total
Total
Total
Total
Total
Oats,
bush.
442,000
afloat
Detroit
„.
bush.
507.000
17,000
157,000
287.00C
249,000
4t3,000
afloat
Toledo
Do
Corn,
Sept. 8,1900
Sept. 1,1900
Sept. 9 1899
Sept. 10, 1898
Sept. 11, 1897
'
17,3'jO.OOO
33.dU4.OO0
4<\"'
9.006
30,000
10,
71,»
'-5
O'..
...
00
000
488
Oi
Total
The value of the New York exports for the year to date has
been $10,764 426 in 1900, against $10,790,024 in 1899.
Heavy brown sheetings may be quoted on an average about
%c. per yard higher than a week ago for ?pot goods, with
little to be had.
Prices for goods to be made are not quotable as there are so few sellers open for forward business that
buyers have no general opportunity to show what they are
wiring to pay. Fine brown sheetings and fine grey goods
are strong and J^c. to 3^c. higher to buy. A gcod business
has b en done in du^k with most makes advanced %o,. Advances cf %g are also frequently reported for such colored
cottons as denims, ticks, cnecks, etc., and only limited quan-
Wide sheetings have advance! 1%
and some makes withdrawn alt gether.
Bleached cottons are generally well sold up but not quotably
tities available thereat.
to 10 per cent
higher; orders for gcod s to arrive are taken at value only.
Kid finished cimbrics advanced i£c. per yard. Staple piints
have been in much improved demand for all varieties anl
close the week with a hardening tendency. Fancy prints
are being rapidly cleaned up in fall work. Sprint? specialties
selling well. Staple ginghams broke 3^c at tbe close of last
week but on larsje sales have recovered the decline Dress
ginghams are quiet. Print cloths have been in extensive request and sa es for the week large latest business shows 3^.
for regulars on the spot; no quotation for futures.
Wide
goods advanced ^c. in bidding, but no sellers.
Woolen Goods.— The only variation from the previous
dull condition of the woolen goods market has been a fair
demand tor some of the new lines of staple goods put on the
market lately at lower prices than the standard goods of
clays, serges, etc., for men's wear. Regular lines have continued in indifferent request and outside of " guaranteed" goeds
show considerable irregularity in prices in bo h saples and
tancies. Heavy-weight fancies for quick delivery are weak
and selling slowly. Complaints of cancellations are still
heard in a number of quarters. There has been no improvement in the demand for overcoatings and the market, is easy
to buy in.
Cloakings ia fair r quest at previous prices.
Dress ejoods are generally steady in staples, but weak and irregnlar in mo->t desciiptions of fancies. An auction sale
dm ing the week of some 3,500 pieces was without marked
influence. FLncels and blankets unchanged.
Fobeign Dky Goods.— General business in this division
has been witnout material change this week. Dress goo is in
moderate demand for fine staples and specialties at previous
prices.
Silks and ribbons continue quiet and irregular.
L necs dull but steady. Burlaps tending upwards, with more
;
doing.
—
——
:
——
THE CHRONICLE.
56*
[Vou LKXl.
approved by the Attorney-General. Four bonds are in denomination of $1,990, three of $1,900 and one of $800. Principal will mature in twenty years, subject to call " at will."
News
Items.
,
:
We
are advised that the
Elyria, Ohio.— Bond Litigation.—
$300,000 water bonds advertised for sale on September 11
were not sold, as a petition had been filed in Couit askiDg
for an injunction against the gale of these bonds. The hear-
ing has been set for Srptember
28.
Our informant
states
that the probabilities are that the case will go to the higher
courts belore it is settled.
Texas.—Southern Texas Storm- Stvept —The southern part
of Texas was swept by a hurricane on Saturday, September
Tbe full
8, resultb g in a great loss of life and property.
force of the storm was centred over the city of Galveston,
which was completely inundated by the waters of the Gulf
of Mexico. The loss of life in Galveston aloue is estimated
at from two to three thousand, while the property loss runs
high into the millions. While the magnitude of the disaster
at Galveston eclipses that of other cities in Texas, many
other places along the coast suffered greatly in botb life and
property. An account of tbe disaster will be found in an article under Financial Situation iu our editorial columns.
Bond Calls and Redemptions.
San Antonio, Texas. Bond Call.— The following bonds
have been called for payment October 1 at the National Bank
of
Commerce, New York City
Denomination, $500; date,
Seoc. I, 1881.
60,000 public-improvement bonds, Nos. 1 to 100, inclusive. Denomination,
$jOu; d«te. May 1,1885.
50,000 public-improvement bonds, Nos. 1 to 100, inclusive. Denomination,
j5(J.i; uate. AUgusr, 1, 1880.
50,000 public- improvement bond3, Nos. 1 to 100, inclusive. Denomination,
$5 O; daie, August 1, 1888.
offic
bond
al notice of this
760 b% Eastern Avenue improvement bonds, in denomination of $76.
Securities are all dated Sep 1, 199J. and will mature one
bond yearly of each issue, beginninu Sept. 1, 1901. They are
issued under authority of Section 2705, Revised Statutes of
Ohio.
certified check or cash deposit of $100 must accompiny bids for each issue. Accrued interest must be paid by
purchaser.
r
.
A
—
Ben Avon, Allegheny County, Pa.— Bond Sale. This borough has s >ld an issun of $25,000 4% 30 year sewer botnds to C.
&
R. Wii.iams
Co., Pittbbnrg, at a price slightly above par.
Securities are in denomination of $500, dated Sept. 1, 190u.
Benton County, Ind. Bona Sale.— On September 7 the
$5 000 v,% 5-year asylum bonds were awaided to Trowbridge
& Niver Co Chicago, at 107*54. Following are the bids :
Trowbridge 4 Niver Co.. Chic. $ ,377 00 W. H Dague. Fowler
»6.308 00
,
Denist.ii. Prior
First National
call will be
found among
the advertisements elsewhere in this Department.
& Co..Ind'lt8..
6.35100 Campbell, Wild
* Co.. Cl«-ve.
Bank. Fowler.. 6,312 50
.
.
6,286 00
I
Bridge ton, N. J.— Bond iffering.— Proposals will be received until 5 P. M, September 19, by B*rcon F. Sharp, City
Comptroller, for $80,000 4% t-treet-improvement bond*. Securities are in denomination of $500, dated 0<t. 1, 1900.
Interest will be payable semi annually at the office of tbe City
Comptroller. Principal will mature in 20 years, subject to
call after 10 years.
Brockville, Unt. Debenture Sale.— Ou September 7 the
4% debentures, mi uring v -rious amounts yearly for
:
$40,000 refunding bonds, Nos. 1 to 80, inclusive.
The
Bellefontaine, Ohio.— Bona. Offering.- Proposals will be
received until 12 m Sept. 25, by M. J. Nichols, City Clerk,
for the following oonds
$7,800 6% East Ch'llicothe Avenue improvement bonds, in denomination of
$1' 0,('00
W
twtnty years, were awardrd to
H. Conntock, a local investor, at 10»i*25 and accrued interest.
For description of
bonds see Chronicle S» pt. 1, p. 460.
Chaves < ooutv, N. Mex. bond Sale.— On August 29 the
$5,1*00 6 J 10-20-year (optional) bonds were awarded to James
tt Thorpe at 103*04 and blank bonds. Following are the bids:
*$5.'52<>o Herman Russell
Jas. R. Thorpe, Denver
$6,055 00
* 6,'<6 25
Jas. N. Bn.wn 4 Co.. N. Y
Jaa U.Cahill
6,050 00
5.101 1<0 Noel-Young B nd A Stock Co. 6.< 50 00
C. H.Cofflo, Chicago..
Uuke M. Farson, Chicago....* 6,076
Bellau-Prke Investment Co.. 6.036 00
I
I
Bond Proposals and Negotiations
week have been
—
thi*
w
*
as follows
:
Ada County (Idaho) School District No. 10— Bond
On September 3 the $1,60 J gold bonds were awarded
G. Ri-« of Boise at par for 6 per cents.
bonds see Chronicle Sent. 1, p. 460.
Sale.
to L.
For description
of
And
I
|
blank bonds.
For description of bonds see Chronicle Augnst 4, p. 251.
Cincinnati (Ohio) School District.— Bids. Following are
the bids receivtd September 10 (according to local papers) tor
th" $50,000 3% 40- j ear bonds
:
German
Kieybolte & Co,, Cincin. .$52,181 00
Atlas Nat. Bank, Cincinnati.. M,^i. 00
61.275 00
P. S. Brings & Co., Cincin
R.
Nat. Bank. Cinoin... $61,265 00
Seasonsrooa & Mayer. Cirein. 61,250 00
September 1 the $35,000
Heoer. Holzmau & Co.. Cin... tO.776 00
5% wattr works bonds were awarded to The Lamprecht Bros.
For Hescription of bonds pee Chkonicle Aug. 18, p. 356.
Oo., C'eveland. at 112 3U; the $29,000 4% 20 year r- funding
Clarksdale, Miss. Bond Offe ing —Proposals will oe resewer bot ds to W. J Hayes & Sons Cleveland, at 106*17 and ceived UDtil 4 p M., September 18, by Walter Clark, Mayor,
the $13 5»»0 4% 1 3 year (serial) lateral sewer b ndsto tbe City and the Board of Aldermen, for
$37,000 water- woiks, sewer
Savings Bank of Alliance at 101' 4. For full description of and electric light bonds.
bonds see Chronicle Aug. 18, p. 356.
Cl>de, Ohio.— Bond Sale.— On September 8 the $9,387 4%
Anacorles, Skagit County, Wash.— Bond Offering.— Pro
r»lun ling bonds were awarded to tne Fust National Bank
pos as will be rtceived until 6 P. M., Oct ber 1, by H. W.
of Clyde at 109 01. Following are the bids
Powell, City Clerk, for $20,000
special water fund bonds.
.$10,"<82 83 Seaaongood & Mayer, Cincin.. $9,481 00
First Nat. Bank. C yde
Securities are issued under authority of Chapter 112 Lawt* B Kievboite & Co.. Cincin...
v,*tit 00
1-.692 oo
eople's Ba k ng o., Clyde
9,i37 60
of )897. Tbey are in denomination of $500, da'ed Sept. 1, feiei Uoizman &, Co., Otn... 9,6 8 7b New ist Nat. U'k.f olonibus
uci nnati.
9.415 OO
9.637 00 Lamprecht Bros. Co.. Cleve.
P
Bnetrs & O
Alliance, Ohio
—Bond Sales.— On
1
H
:
I
I
<
I
.
.
|
Interest will be payable semi-annually in Anac<>rtt-s!
1900
Principal will be pa > able at the option of the city fr<
rev
enues of the water i-ystem.
certified check for 10$ ot the
bonds bid for, payable to the City Treasurer, must accompany proposals.
A»telope, Ore.— Bond Offering.—
are advised by A. M.
F. Kachheiner, City Recorder, that he will sell oo Oct 1.
19u0, an issue of $l.5(
6% gold water bonds. Securities are
in denumiLatton of $Miu and will mature Oct. 2, >9u3.
m
A
We
Apoilo ( I'm. School District.— Bond Sale. -This district
on August 25 an is-ue ot $10,000 school- building b >nds.
Arapaho County (lolo.) School Disttict No. 2 —Bond
Sale.— This oi^triot has s Id at par an h-sue of $75,000 4^%
10-20 year (optional) refunding bonds. Securities are dated
Aug. 1, 1900.
Area- urn, Darke County, Ohio.— Bond Offering -Proposals will be received until 12 M., October 3, by C. C. Taytor,
)
sold
Village Clerk, for $13.0)0 5% street-improvement bonds. Securities are issued under authority of sections 1692, 2835 and
2837, Revised Statutes of Ohio, aad were voted at th- elec
tion held June 9, 1900. Theya-ein denomination of $1,(0),
dated Oct. 3, 1900. Interest will be payable semi-annually
at the Fust National Bank of Arcanum. Principil will mature $1,000 \e*rly from 1902 to 1914, inclusive. A certified
check for $200 must accompany proposals. Accrued interest
is to be pa d by purchasers.
Auburu, Dekalb County, Ind.— Bond Sale.— This city has
sold an is^ue of $28,00u
1 lu-year (serial) SfWer bonds to
A. C Roobins of Auburn. Securities are iu denomination of
$2,800 and the interest will be payable s mi-annuiily.
Bellaire, Ohio.— Bond Offering -Proposals will be received until 12 M., Sept. 17, by F. A. Jackson, City Clerk,
for $50,000 4s ret undiug water bonds. Securities are in denomination of $")O0, dated Oct. 1, 1900. Interest will be payable semi aunually and the principal will mature Oct. 1
Securities are issued under authority of Seciou 270l[
1920.
Revised Statuted of Ohio.
cert lfitd check on some bank
in B llaire tor $500 must accompany proposals. Accrued
interest is to be pad by purchaser.
Bell County, Texas —Bond Hole.— The State Board of Education has taken at par the $14,460 %%% bridge bonds recently
H
A
S.
W.
J.
...
Hayes
&.
<
't
. .
Sons. Cleve...
Conueuut, Ohio.
9.6o8 00
I
Bonds Not Be-awarded. - It has been
W
H
&
Sous, Clevey^s
staged in some of the papers th*t
J.
land, hid refused to take the $36,500 paving bonds awarded
to them July 13, and that the bouds bad been re awarded to
Majer, Cincinnati. This statement, we are
S^asorigood
advised by the City Treasurer, is incorrect, as the Cleveland
&
firm has already taken the bonds.
Dallas, Texas.— Bond Sale.— On September 10 the $100,000
4% 4<i-ytar water bonds were awarded to J. B. Oldh-uu Dallas, and the $ 5,00n 4% 40 year crematory a- d the $<5,<jO0 4i
4 year street-improvement bonds to the Natiooal Excharge
Bank of D .lias, the price paid for the bonds being par aud
accrue i interest in all cases.
Darke County (P.O. Greenville), Ohio.— Bond Offering.
—Proposals will be received until 12 m. to day (Sep'ember
15) by Greorge W. Sigafoos, Conoty Auditor, for $23,500 6*
duch bonds. Securities are in de omination of $500, da ed
Sept. 15, 1900. Interest will be payable semi-annually at the
effice of ihe CouGty Treasurer. Principa will mature yearly
ou Sept. 15, $2,500 in 1901, $6,000 in 190<J, $8.( 00 in 1903, $6,000
iu 19u4and $1,000 in 1905. Accrued interest must be paid
by purchaser.
•
Delaware County, Ohio.— Bond Sale.— On September
6!the
$9,350 5% Franklin Street ditch bonds were awarded to The
New First National Bank of Columbus at 105*79. Following
are the bus
Premium.
Premium.
$f>42 no ^easongood & Mayer, Onctn
$510 oO
New 1st Nat. B'k, Columbus
6O0 00
Feeler. llolzm.-ui.fc Co.. Cincin... 641001 Delaware Savings Bank
47u 00
...
531
00
Denisoo.
Piior
& Co., Clere
Delaware County Nat. Bank
bonds
see
Chronicle
of
Aug.
25
409.
p.
For deacuption
The New First National Bank ot Coluuiuns hns also been
awarded the $7,320 ditcb bon Is of this oounty, paying therefor 103 76. The lollowing bids were received
Premium.
Premium.
$2"2oo| Feder. liolzman A Co.. Cincin... 164 0$
Newlst Nat. Rk.. Columbus
I
|
|
:
I
-dOlOo, Denison, Prior &
Delaware Savings Bank..
Seasongood a Mayer, Cincin.... 17d00
Co.,
Cleve
1600.
|
till wood City, Lawrence County, Pa.— Bond Offering.—
Proposals will be received ut til 12 M.. September 25, by the
Town Council, at the office of the BoruUgh Sol'cttor, J. W.
Humphrey,
for $10,000
4%%
10-20-year (optional) electric-
——
:
September
15
THE CHRONICLE.
1900. J
Spcnrities are in denomination of $500, dated
Oct. 1, 1900. Interest will be payable semi-annually at the
ceriified the k tor
First National B*uk, Ellwood City.
$250 must accompany proposals. Thes<* bonds are not tax
BIsdk bonds are to be famished by the pnrcha«er.
free.
The boron? h bas an indebtedness at present of $3<),00<). The
agpppg^H valuation is $719,065. The papulation is estimated
at 3.500.
Ei Paso, Texas.— Bond Election.— The City Council has
directed t»-e Ma* or to call an election to vote on the question
of if suing $75,000 bigh-t-chool- building bonds.
Fairfax, Mo.— Bond Sale. Tdis village on September 1
sold an is- lie of $2,500 6% bonds to the First National Bank of
Bameevilie at 105M6. Interest on he se bonds will be payable pemiarnnally and the principal will mature pai t each
six months for ten years.
light bonds.
A
—
1
Fern Bank, Hamilton County, Ohio.— Bond Offering.—
Propopals will b* received umil 12 M., October 9, by W. Ellwood Wjnne, Village Clerk, for the following sidewalk
bonds
1669 46 f % 1-10- year (ser'nl) Orchard Drive sidewalk bonds, one bond being for
eacb.
(74 46 a d nine for $
806 89 b% 1-10- year (»en li county toad sidewalk bonds, one bond being for
$85 ao and nine for (80 each.
Secnrities are dated Oct.
payable annually.
1900,
1,
and the
interest will be
Gall* n, Irawford County, Ohio.— Bond Offering— Progosals will be received nntil 12 m., September 24, by J. O.
iose, City Clerk for $13,000 i.%,% Boston Street sewer bon s.
Securities are in d» nomination of $1,300, dated Oct 1.1900.
Interest will be payab e April 1 and October 1 at the office of
the City Treasurer. Principal wil I mature one bond yearly
on October 1 from 19(>1 to 1910. inclusive. All bids mnst be
unconditional and accompanied by $500 in cash or a certified
check on a local bank tor that amount. Accrued intei est
mnst be paid by the purchaser.
This place has borGrafton, Mass.— Temporary Loan
Co., Worcesrowed $10 (0u for two months from Window
ter at 8 25i
J
—
&
Grand Forks f N. Dak.) School District-Bond Sale.-On
Sep' em er 10 $i 7
awarded to Kane
1
5'
&
4% 25 year refunding school bonds were
Co.. Minneapolis, at 100 60 an intereit
—
basisof about 396?.
NEW
5H5
«reenbnrg(N. Y.) Union Free School District No. 1.—
Sale.- On September 11 the $6,00<) 4« 24 «nd 25-year
b~>nr)s we>e awarded to Walter Stanton & Co., New York, at
Bond
11037.
Followirg are the bids
110-37
Walter Stanton & Co.. N. Y
OJe rge M Ha' n. New Y<>rk....H9v76
10W38
Oleve
W. J Haye* & Sons,
Penhale & Usher. New York .1U9 26
N.Brown &
Seasongood
&
of
Birmingham,
Alabama.
& Maver,
Your attention
is
14, 1900.
Cincin.... 110 262
called to the following resolu-
tion adopted by the Board of
Mayor and Aldermen
Birmingham on August 10th, 1900, viz.:
Be it resolved by the Mayor and Aldermen of
Birmingham, That the holders of 'FOURTH
SERIES. SANITARV BONDS,' of the City of Birmingham. Ala. 1SSUKD ON THE 1ST DAY OF
APRIL, 1885. authorized by an Act of tho General
Assembly of Alabama, entitled 'An Act to authorize the Mayor and Aloermen of Birmii gham to
negotiate a loan for drainage and for sanitary purposes and to issue bonds for the payment of the
of
"
same,* approved February 14th, 1885, said bonds
being payable twenty years after date of their issuance, with the optiou to tbe city to pay same after
ten years from the date of their issuance, bearing
interest at the rate of eight per cent per annum
Interest payable semi-annually
on the 1st day of
April and October in each year at the Hanover
National Bank in the City of New York, are hereby
notified that said bonds are herewith called for redemption and will be paid on the 1st day of October.
1900. together with interest to said date, and that
Interest hereon shall cease from and alter said date.
"Beit fnrth. r resolved, Tbat the treasurer of the
City of Birmingham is hereby instructed to make
publication of tbe above res lution once a week for
four consecutive weeks In some paper published in
the City of Birmingham and some financial paper
published in the City of New York."
In pursuance of the foregoing resolution, notice
is hereby given the holders of said
bonds that same
will
be paid on presentation and surrender thereof
on the
flrst
day of October,
National Bank,
New York
1900, at
City,
the Hanover
and that
interest
from and after said date ceases.
EUSTI8,
City Treasurer.
will sell at pub-
H
reauction at 12 M.. September 20 an issue of $10,000
funding bonds. Securities are in denomination of $1,000,
dated Oct. 1, 1900. Interest will be payable senaiannuallvat
the office of the City Treasurer. Principal w'U mature Oct.
certified check for $250 must accompany sealed
1, 1920.
A
bids.
Hjattsville, Md. Bond Oflerina.— Proposals will be received until September 22 by the Mayor and Common CounInterest will be paycil for $30,000 4$ 30-year water bonds.
able semi annually. Bonds are exempt from State, county
and town taxation. W. H. Richardson is Town Treasu er.
Jefferson City, Mo. Bond Election.— An election will bt>
held Septtmber 18 to vote on toe question of issuing $25,000
4g light bonds. A two-thirds vote will be necessary to authorize the issuance of these bonds.
Kenton, Hardin County, Ohio
— Bond Offering.—Proposals
will be received until 12 m.. September 24, by John P. Dugan,
City Clerk, for $1,900 4% street-improvement bonds. SecuriInterties are in denomination of $1W, dated Sept 1, 1900.
est will be payable semi-annually on April 1 and October 1
at the office of the City Treasurer. Principal will mature
one bond each six months from April 1, 1901, to Oct. 1, 1905,
inclusive.
deposit in money or a certified check on some
bank in Kenton in the amount of $100 must accompany proposals.
A
LOANS.
Holders of
San Antonio Bonds.
called to the following resolu-
Mayor and Aldermen
10th, 1900, viz.:
"Be it resolved by the Mayor and Aldermen of
Birmingham, That the holders of 'SCHOOL BONDS'
of the city of Birmingham, Alabama, ISSUED ON
THE FIRST DAY OF JULY,
1885, authorized
by
an Act of the Genera) Assembly of Alabama, entitled, 'An Act to authorize tbe Mayor and Aldermen of Birmingham to issue bonds of said city for
an amount not exceeding twenty thousand dollars,
years after date of heir issuance, with the option
to the city to pay same after fifteen years from the
date of their issuance, bearing interest at the rate
of seven per cent per annum, interest payab e ani
nually on the first day of July in each year at the
Hanover National Bank in the City of New York,
are heretiy notified that said bonds are herewith
called for redemption and will be paid on the flrst
day of July, 1»01, together with interest to said
date, aad that interest thereon shall cease from and
after said date.
"Be it further resolved, That the Treasurer of
the City of Birmingham is hereby instructed to
make publication of the above resolution once a
week for four con-ecutive weeks in some paper
published in the City of Birmingham and some
financial paper published in the City of New
York."
to
Holders of the following Bonds of the Oity of San
Antonio, Texas, are hereby notified to present the
same to the National Bank of Commerce in New
York City for payment <.n or before October 1st,
1600, the option having accrued to said city to pay
the same:
140,000 Refunding Bonds dated Sept. 1. 1881, denomination of 1500 eacb, numbered from one to
eighty inclusive.
$50,000 Public Improvement Bonds, dated May 1st,
1885, denomination of $5u0 each, numbered from
one to one hundred inc'usive
$60,000 Public Imp ovement Bonds dated August
1st, 1888, denomination of $5oo each, numbered
from one to one hundred inclusive.
$50,000 Public Improvement Bonds dated August
l3t, 1888, denomination of *5oo each, numbered
from one to one hundred inclusive.
And notice is hereby further given that after
October 1st, 1900, interest payments on the above
bonds will be suspended by said City of San Antonio.
MARSHAL
HICKS,
Attest :—
Mayor.
W. W. JOHNSON,
for tbe purpose of purchasing school lots in said city
and of erection, adding to and improving school
buildings, and furnishing the same,' approved February 17, 1885, said bonds being payable in thirty
City Clerk.
^45,oOO
LAUREL, MARYLAND,
BONDS.
Sealed bids will be received by J. C. HOWELL,
Secretary Water Board, up to SEPTEMBER 20,
for tbe purchase of «:*•>, OOO 4 PEK CENT 40-
YEAR WATEK-WORKS BONDS and ft <l "00
4 PER CENT 40-YEAR ELECTRIC-LIGHT
BONDS. A certified check for $600 must ©company
I
t,
bids for this issue.
Blodget, Merritt
&
Co.,
BANKERS,
16
Congress Street, Boston.
15 Wall Street New York.
In pursuance of the foregoing resolution, notice
is
hereby given the holders of said bonds that game
will be paid on presentation and surrender thereof
day of July,
New York
Bank.
National
(torn
GEORGE
is
110-10
Cincin
|
Notice
Birmingham on August
on the
German Nat. Bank,
lic
tion adopted by the Board of
of
I
The proposals were referred to the board.
Hudson, N. Y.— Bond Offering — This city
holders of School Bonds of the City
of Birmingham, Ala.
Your attention
Birmingham, Ala., Aug.
UO-97
Co., Cincin
CALL,
To
...)07 -0
:
R. Klevbolte
NOTICE
Sanitary
N»w York. .KO-075
LaajDrecht Bros. Co.. Cipvk
NEW
NOTICE
Series
Co.,
Co.,
CITY OF BIRMINGHAM, ALABAMA.
To Holders of Fourth
Bonds of the City
&
& Co., New Vork ..K8*92
WestcheMerCo. Savings Bank 10—18
K. B. Smith
New York...l0Wlt> W. R. Todd & Co., New York.. 106-50
Securities are d-frd Oct. 1, 1900. Interest will be payable
at the Tarrytown National Bark.
Hamilton County, Ohio.— Bids.— The highest bid received
September 8 for the $10,000 4% 20-year " Union Levee bonds"
was that of Rudolph Kleybolte & Co., Cincionati, at H0*97—
an interest basis of ab_>ut 3"25#. Following are the* bids
J.
LOANS.
BOND
:
R. Kleybolte
first
1901,
City,
at the
Hanover
and that interest
and after said date ceases.
GEORGE ETJBT18,
City Treasurer.
STATE, CITY & RAILROAD BONDS.
WE
DEAL. IN
AND WESTERN
SOUTHERN
SECURITIES.
ROSEN BERGER & LIYERMORE,
(Specialists in Southern and We tern B« ds.)
NSW.YOBK.
31 NASSAU STKEET,
—
—
THE CHRONICLE.
566
Bond Sale.-On Sept. 10 the $19,000 i$ paving bonds were
awarded to the First National Bank, Kenton, at 102 052— an
interest basis of about 3-55#. For description of bond see
Chronicle Aug. 25. p. 410.
Lake Mills (Iowa) School District.— Bond Sale.— On
September 1 an issue of $10,30) 4jg 10 year school bonds was
awarded to J. H. JohDson, Osage, Iowa, at 100'485— an interabout 3'94#.
Lakerlew, Logan County, Ohio.— Bond Offering.— Proposals will be received until 12 M., October 10, bv W. L. Graham, Village Clerk, for one coupon bond for §1.200. Bond is
dated June 1, 1900, and will mature in twenty years, subject
est ba*»is of
to call after five years.
able annually on June
1
Interest will be at the rate of 6$, payat the office of the Village Treas-
Offering.— We are advised that the
Md.—Bond
Laurel,
$35,000 water and $10,000 electric light-plant bonds mentioned in the Chronicle April 7 will bear 4£ interest and will
mature in 40 years. Proposals for the same will be received
until September 20 by J. C. Howell, Secretary of the Water
Board.
The
A certified check for $500 must accompany proposal
official notice of this
bond offering
will be found
*.
among
the advertisements elsewhere in this Department.
Lesterville, S. Dak.— Bond Sale.— On September 1 the
$2,000 &% bonds were awarded to the Lesterville State Bank
at par. Securities are in denomination of $500, dated Sept. 1,
1900. Interest will be payable annually and the principal
will mature August 31, 1905, subject to call on any interestpaying date.
are advised that no
Lima, Ohio.—Bonds Not Sold.
regular bids were received on September 3 for the various
issues of paving bonds, all bids being below par.
Madison, N. 3.—Bond Sale.— On September 10 the $10,000
Z%% refunidng water bonds were awarded to the Morris
County Savings Bank, Morristown, at par. Securities are
dated Oct. 1, 1900, and will mature August 1, 1920.
Madisonville, Ohio.— Bond Offering.— Proposals will be
received until 12 m., October 8, by Bennett Carter, Village
Clerk, for $547 90 6% 1-10 year (serial) street assessment bonds.
—We
N.
The amount of bonds offered may be reduced if part of the
assessments are paid in cash. Bonds are in denomination of
$54 79. Interest will be payable annually at the German National
Bank
of Cincinnati.
3^
Maiden, Mass.— Bond Sale.—On September 7 $15,000
20-year water bonds, $5,000 3^<g 1-5 year (serial) paving
bonds, $10,000
1-10-year (serial) street bonds and $7,000
%%% 1-7- year (serial) sidewalk bonds were awarded to E. H.
Rollins & Sons, Boston, at 105-076, 100-516, 101316 and
100-906, respectively.
Securities are all in denomination of
Interest will be payable semi$1,000, dated July 2, 1900.
annually at the National Bink of Redemption, Boston.
Martin's Ferry, Ohio.— Bond Sule.—Oa September 4 $10,000 5% paving bonds were awarded to Seasongood & Mayer,
3^
Cincinnati, at 101-71.
urer.
W. HARRIS &
New York.
CO.,
BANKERS.
Chicago.
Issue Travelers'
Letters of Credit
AVAILABLE IN ALL
PARTS OF THE WORLD.
Deal
i/n
Boston.
Bonds
&
&
New
York, at 126-167
Allen, Sand & Co.. New York. .126-167
N. W. Harris * Co.. New York. 126*15
125'27
Dunscomb & Jennison. N. Y
12519
R. L. Day & Co.. New York
A. S. Leland & Co.. New York. .124-87
:
.
. .
.
—
INVESTMENTS.
INVESTMENTS.
LONDON AND PARIS
Geo. D. Cook Company,
Ld.,
HEAD OFFICE:
St., London, E. C.
Business undertaken in all Securities
quoted on the London and Continental
exchange
Exchanges.
Quotations furuisbed for purchase, sale or
erce
New York.
31 Nassau St., (BankB°ufil
CORRESPONDENCE RE TERMS
Cable Address:— SABA.
INVITED.
^,^
SAVINGS BANKS and TRUST FUNDS
h%
KIW
C.
JONES &
TORK,
PHILA..
DENISON, PRIOR & CO.
-
1
High
CO.,
NASSAU STREET.
112 SO.
-
FOURTH
§
Exchange Place, Boston.
121 Euclid Avenue, Cleveland.
INVESTMENT BONDS. TROWBRIDGE
E. H.
Burr,
ROLLINS & SONS,
BANKERS.
Bonds for
Permanent Investment
Denver.
& NIVER
BOSTON.
San Francisco.
CO.,
N. Brown &
MUNICIPAL BONDS, James
Bankers, 62 Cedar
Co.,
Street,
Bank
CHICAGO.
First National
MASON, LEWIS &
CO.,
BANKERS
BOSTON,
.tlonadnook Building.
&
BOSTON.
19 Milk Street,
of Boston Stock ^Exchange.
BOSTON.
52 Broadway.
LISTS.
DEALERS IN
No. 7 Congress and 31 State Streets,
Office,
INVESTMENT BONDS.
Bonds.
BANKERS,
CHICAliO,
New York
6o State Street,
Grade
SEND FOR
ST.
ADAMS & COMPANY,
Members
CHICAGO.
DEALERS IX
BONDS A SPECIALTY.
EDW.
238-240 La Salle Street,
Perry, Coffin
Investment Securities
FOR
INVESTMENT SECURITIES.
24 Throgmorton
nicipal Bonds Bought
Sold.
H
&
Bankers and Exchange Agents.
and
Geo. M. Hahn. New York
124C3
123-17
E. D. Shepard & Co., N. Y
J. N. Brown & Co.. New York... 122*00
Farson, Leach & Co.. New York.121'50
20-year bonds in
14 to issue respectively $8,125 and $7,000
Southern Railroad. Securities
aid of the Dakota Nebraska
will not be issued until the railroad is built through the
county. They will be dared July 1, 1900. Interest will be
payable semi-annually in New York City.
Napoleon, Ohio.— Bond Ofering. Proposals will be received until 12 M., September 29, by Usher Fiser, Village
way, Gas and Eltctric
Companies.
Governmtnt and Mu-
.
Nance County (Neb ), Cottonwood and South Branch
Townships.— Bonds Voted. — These townships voted on Aug.
Railroad, Street Rail-
Light
U
Martinsville, Ind.— Bond Sale.—The $12,500
schoolbuilding bonds mentioned in the Chronicle June 30 have
been awarded to P. S. Briggs
Co., Cincinnati, at 100-80—
an interest basis of about 3 83#. Securities are dated July 1,
1900, and will mature $500 in 1902 and $2,000 yearly from
1903 to 1908, inclusive.
Moosomin(N. W. T.) School District Debenture Offering.— Proposals will be received until September 20 by A. C.
Sarvis, Secretary School Board, for $5,000 4%% 1 20-year
(serial) debentures.
Mount Vernon, N. Y. Bids —Following are the bids received September 4 for the $30,000 5% 21-23-year (serial) bridge
bonds awarded, as stated last week, to Allen, Sand
Co.,
EXCHANGE,
of
LX2I
[Vol.
60 Devonshire
Hi
MUNICIPAL
RAILROAD
CORPORATION "-'^'^^^J"
BONDS.
Choice Iaauea.
Street Railway and Was Companies
LIST ON APPLICATION.
Bid?.,
HIGH-GRADE
Investment Bonds and Stocks
T. B. POTTER,
MUNICIPAL and oriKinQ
BONUb
CORPORATION
DEALERS IN
UNLISTED SECURITIES.
MUNICIPAL BONDS.
E. C.
CHICAGO,
.
.
.
LIST ON APPLICATION.
STANWOOD &
Co.,
BANKERS,
172 Washington Street,
ILLS.
121
Devonshire Street*
BOSTON.
—— —
:
September
THE CHKONICLE.
15, 1900.]
Clerk, for $1,590 5% 1-3-year (eerial) sewer bonds. Securities
are in denomination of $530, dated Sept. 29, 1900. Interest
New York draft for $500,
will be payable semi-annually.
payable to the Village Treasurer, must accompany proposals.
Nassau County, N. Y.— Bond Sale.— The $65,0(
Z%% 30year gold bond?, bids for which were received on Sept. 7,
have been awarded to N. W. Han is
Co., New York, at
10607. A full list of the bids was given last week.
Debenture Offering.— Proposals will be reNelson, B.
ceived until 12 m., September 15, by the Mayor, for $76,000
4% 20-year debentures. Securities are in denomination of
Interest will be payable April 1
$1,000, dated Oct. 1, 1900.
and October 1 in Nelson, The authority for the issuance of
these securities will be found in the By-laws, Nos. 68 to 72,
inclusive, as ratified by a vote of the electors on July 18,
1900.
Of the above issue $15,000 will be for an electric- light
plant, $15,000 for water works, $20,000 for sewerage, $20,000
for streets and $6,000 for a road-making plant. The total debenture debt at present is $175,000 and the floating debt $60,The assessed valuation is $2,065,000 and the real value
000.
bonds offered for sale on August
1, but, as stated in the
received at that time were
Following bids were received
rejected.
$225 00 Mason. Lewis & Co., par less.... $775 00
Iowa Nat. Bank, par plus
Spitzer * Co., Toledo, par less.. 600 00 N. W. Hairis & Co., par less... .1,040 00
Port Chester, Westchester County, N. Y.—Bond Sale.—
On August 29 this village sold an ifsue of $16,000
geld
paving bonds to the Port Chester Savings Bank at 103*04— an
Following are the bids
interest basis of about 3'16#.
Chronicle on August
A
:
1
3^
C—
:
103-04
Port Chester Savings Bank
Geo. C.White Jr.. New York. .. 10T77
Karson, Leach & Co., New York.101-25
J as. N. Brown & Co., New York.l01*25
Following are the bids
about 3*578$.
&
Co.,
New
York..U0*79
I
|
:
People's Bank of Princeton.. ...$15,050
Oenlson, Prior & Co., Cleve
16.000
Prosser (Wash.) School District.— Bono's Voted.- This
district has voted in favor of issuing $5,000 bonds for a new
school house.
Salt Lake City, Utah. Bond Sale.— This city has sold the
Sons, Bos$250,000 4£ 20 year water bonds to B. H. Rollins
ton, at 1C0 866 and blank bonds free of charge. These are
the bonds advertised for sale on August 28, at which time all
bids received were rejected.
&
Salt Bock and Big Island Townships, Marion County,
Ohio.— Bond Sale— On September 10 the Goodnow Road
Commissioners sold an issue of $20,400 h% road bonds to the
Lamprecht Bros. Co., Cleveland, at 10054. Following are
the bids
$20,550 00
Lamprecht Bros. Co.. Cleve.. $20,610 00 P. S. Brlggs & Co.. Cincln
20.500 00 Seasongood & Mayer, Cincln. 20,420 70
A.G.Edmonson
Securities are dated Sept. 1, 1900. Interest will be payable semi-annually and the principal will mature as follows :
I
|
$600
750
700
750
Mar.
Sept.
Mar.
tept.
1901.
1901.
1902.
1902.
1,
1,
1,
1,
I
I
I
|
$750
750
800
800
Mar.
Sept.
Mar.
Sept.
1,
1.
1,
1,
1903.
1903.
1904.
1004.
I
|
I
|
$800
850
850
900
Mar.
1905.
1906.
1908.
Sept.l, 1908.
Sept.
1.
1,
Mar.
1,
I
I
I
|
$925 Mar.
925 Sept.
9n0 Mar.
8,400 Sept.
1,
1,
1,
1.
1907.
1907.
1908.
1908.
Sandusky, Ohio. Bond Sale.—The highest bid received
September 8 for the $9,000 4# 10 year refunding bonds was
Whann &
DEALERS
CORPORATION
B. Kleybolte
|
Citizens' Nat. Bank. Evansville $15,900
Farmers' Bank of Princeton.... 16,500
—On
Charles
|
,
Princeton, Ind. Bond Sale.— This city sold recently an
issue of $15 000 4# 20-year school-house bonds to the Citizens'
National Bank of Evansville at 106 — an interest basis of
MISCELLANEOUS.
and
!
Sand & Co New York... 101-25
W.J. Hayes & sons. Oieve
101*25
Allen,
to 1918, inclusive.
New Britain, Conn.— Bond Offering.— Proposals will te
received until 1 p. m„ September 22, by the Board of Subway
Commissioners, for $50,010 B}4% gold bonds. Securities are
in denomination of $1,000, dated Oct. 1, 1900. Interest will
be payable semi-annually at the New Britain National Bank.
Principal will mature $2,000 yearly on October 1 from 1905
to 1929, inclusive.
Niagara Falls, N. Y.— Temporary Loan.— The city has
borrowed $5,000 from the Bower City Bank and $5,C00 from
the Bank of Suspension Bridge at 5% interest. Loan will be
paid about October 15, when taxes will begin to come iD.
Oak Park School District, San Luis Obispo County. Cal.
—Bond Sale.— On September 5 $800 8% 1-8 year (serial) school
bonds were awarded to a local investor at 101*125.
September 8
Paulding County, Ohio.— Bond Sale
three issues of pike bonds, amounting to $78,400, were awarded to The New First National Bank of Columbus at 104*145.
Securities bear 5% interest, payable semi annually.
Polk County, Iowa.— Bond Sale.— On September 5 $300,000
Z%% court-house bonds were awarded to the Iowa National
Bank at 100*075. These bonds are part of an issue of $400,000
RAILROAD
i
Securities are in denomination of $1,000, dated Oct. 1, 1900.
Principal will mature $1,000 yearly on October 1 from 19C3
about $2,500,000.
INVESTMENTS.
MUNICIPAL,
11, all bids
I
&
t
f67
IN
_jvmsce^^
Co., Western Union Telegraph Co.
(MEW ISSUE)
MUNICIPAL and RAILROAD 50-Year Gold 4ȣ Bonds
FOR SALE RY
SECURITIES.
TO NET FROM 4M TO 6%.
NEW YORK. Farson, Leach & Co. f
71 BROADWAY
CORRESPONDENCE SOLICITED.
35 NASSAU ST., NEW YORK.
C. H. WHITE & CO. The Lamprecht Bros. Co,,
BONDS
•
MUNICIPAL
BANKERS,
71
BROADWAY, NEW YORK.
AND OTHER HIGH-GRADE
WILSON & STEPHENS,
BONDS.
BANKERS,
AGENTS FOR THE
ANOZO-AMERICAN BANK,
Ltd.,
Charing Cross, London.
MUNICIPAL BONDS.
V/2
Securities Netting from
to 6#
197 Superior Street.
EASTERN BRANCH:
5'-4 Broadway.
New Vork Cliy,
Cleveland. Ohio,
having a Cleveland market
bought and told.
DUKE M. FARSON,
LAMPRECHT BROTHERS
Municipal Bonds.
18a Dearborn
Street,
CHICAG O.
MUNICIPAL BOND8.
John
&
Nuveen
Co.,
INVESTMENT BANKERS,
lit National
Bank Building, Chicago
Correspondence
solicited.
Rtferente, Firgt National
Sank, Chicago
A.R.Macfarlane&Co.
BANKERS AND BROKERS,
DULUTH. MINN.
[Members American Bankers'
Ass'n.J
DEALERS IN
Commercial Paper, Mortgage Loans,
Local Stocks and Real Estate.
Act as agents for non-resident property owners and
investors.
«fc
CO.
Members New York and Chicago Stock Exchanges.
F.
Banker,
41
WAL.L, ST.,
NEW YORK
All securities
ALWAYS ON HAND.
Send for our Investment Circular.
-
R.
FULTON & CO.,
Municipal Bonds,
171 la salle street
CHICAGO.
The Mutual
LIFE INSURANC E CO..
AMZI DODD,
_•
.
.
Benefit
.
Loans
and issues of Approved
Securities Negotiated.
on
Augustus
82 pins:
NEWARK,
.
•
Dealers in Bonds of Railroad, Gas and
Other Public Coporations.
Floyd,
street,
DEALER
new YORK,
IN
N. J.
President
Assets (Market Values) Jan. 1, 1900.... $70,466,400 46
Liabilities (N. J. and N. Y. Stanaard). 64.840,7'>7 24
Surplus
5,625,693 22
THE NEW POLICY CONTRACTS
OF THE
MUTUAL
BENEFIT
Contain
LOCAL INVESTMENT SECURITIES
CITY RR. AND GAS CO. BONDS.
MUNICIPAL. BONDS.
CLINTON GILBERT,
Special and Peculiar Advantages
which are not combined in the
POLICIES OP
Max
ANT OTHER COMPANY.
B. Borg,
BONDS
BROKER IN INVESTMENT SECURITIES,
20 BROAD STREET. NEW YORK
2 Wall Street,
New
BANK AND TRUST
CO.
York.
STOCKS.
INVESTMENT SECURITIES.
——
—
—
THE CHRONICLE.
5«8
&
Sons, Cleveland, at 103*24. Following
that of W. J. Hayes
-are the bids:
00
W. J. Haves 4 8ons. Cleve.... $9,802 00 Denlson. Prior & Co.. Cleve. tj>.202
W. R. To<Jd & Co Cincinnati. 9,18<> <J>
B Kievbolte 4 Co.. Clncici.. ».27=> 00
Cincin
6<>
KrlggsA
Co..
nnrin..
9,247
P.
8.
8eH8onK0."l * Mayer,
•>•,??£«
80
York, at 103-079
R. L. Day 4 Co., New York
103 079 Jas. W. Brown & Co..New York. 102-26
R. Kleybolte&Ci.. New York. .10; 886 Farson Leach &Co.. New York.102'00
N W. Harris & Co.. New York, ioa-67 Walter Stanton &Co.,N. Y
10194
W. J. Hayes & Sons, Cleve
102-47
New 1st Nat. B'k. Columbus.. 9.226 60 Lampreoht Bros. Co., Cleve... 9,146
Farson, Leach &Co.. Chicago. 9.203 001
Securities are dated Sept. 1, 1900. Interest will be payable
semi-am nnllv at tbe offi.e of the City Treasurer.
Augnst 27 tbe $18,Sonlh Haven, Mich.— ttond Sate.—
.
Claude Ashbrooke Cc. Cin
25,4 66 00 Farson. L-acb 4 Co., Ch'C... 24.485 00
Merchants' L. 4 Tr.Co.. Chic 26.»«OO0 Oeviit. Tremble a. Co.. Chic. 24.480 00
Mason, Lewis 4 Co.. Chicago 24.815 00 Seasongooo& Mayer, Cincin. 24,254 40
Springllelo, Ohio.— Bonds Nit Sdd.—We are advised that
the sueet improvement bonds offered for sale on September
4 were Dot sold. Bonds will be re- advertised.
Slowe Township ( Pa.) School District.-Sids —Following
are tbe bide received by this district for the $10,000 4% 5 20
year (ootio' al) pchool bonds:
10-06
R. Kleybolte & Co.. Cincinnati.. 1"01 65
<ieo. Nedd. Allegheny 'Ity
W.
10P26
J.
Hayes
Si
The award was not made on Sf-pOmber 5 pending a deposit by the bidders of a certified ch^ck for $500. tbe highest
bidder makinar such deposit before Stptem* er 10 to receive
the nonde. The award was made on the latter dat* to Rudolph Kleybolte
Co., Cincinnati, at their bid <f 108*36.
For description of.bonds see Chronicle Aug. 25. p. 412.
Wichita Falls (Texas) School District.— Bonds Registered.— The Attorney- General recently registered an issue of
$18 500 school houee bonds.
lookers (N.I.) School District.— Bids.— Following are
the bids received September 5 for the $56,0uO B%% bonds
awarded, as stated last week, to Allen, Sand
Co., New
York, at 103-925:
Allen, Sand 4 Co.. New York... .ins-925 Jno. D. Everitt 4 Co.. N. Y
103-574
86.011 due 914.
103 _<7
N W. Harris 4 Co., N. Y
103-58
lo.OOO oue 1915. .10J-48
Irving Sav. lnstitu'ion
103*28
lo.o
1' 333
due lfun. .103.64
K. L. Day 4 Co., New Yck
Westchester l(',00« due
.ln3-f2
w.j. H«ve» ji .'ons, i*!l>"»f
108-30
Trust Co.. 1 ,o00due 1917
1M18. .lii4-oo
Farson, Leach A t:o..New York.l 3"23
&
99 05
Sons, Cleve
100 895
stated last, week, the bonds were awarded to the highest
bidder at 102 05.
Debenture Offering. — Proposals will be reSu<] ban. Out.
ceived until November 1 by Stephen Fonrnier, Town Clerk,
for $13 5 ii 5£ 1-20 year (serial) debentures. Securities will
<-. 1, 1900
be dated
pubSeptember 10 $500
Ulioa, N. Y.-bond Sale
lic- improvun-nt bonds were awarded to J. G. Gibson, Utica,
at par. Securities are dated Sept. 10, 1900, and will mature
As
D
1,
&
H
—On
..
f
I
i
1902.
Yiielaiid, N. J.— Bond Sale.— The hiehest bid received
fi rthe$25,0<'0 4i 29-year el-ctric- light bonds was that
SepM'
:
Whitlnsr, Ind. Bond Sale.— Following are the bids received September 5 for the $24,000 5% pchiol bonds :
R. Kievbolte 4 Co.. Ctncin...$26."10 00 Trowbridge 4NlverCo..Chic.|24.725 00
W. J. Hayes & Sons. Cleve... 25.920 00 Spltzer 4 Co.. Toledo
24,64800
Ferter. H< Izman & Co.,Cin.., •/6.812 60 Win.C Sch age. Whiting
24.50000
On
000 4? 30 year water bonds were awarded to Trowbridge &
Ni?er Co., Chicago, at 1 3'25— an interest basis of abotit
3-82«.
Securities are dated July 1, 1900. Interest will be
payable st-uii annually in New York Ci y.
Bros.. Pittsburg
Laniprecbt Bros. Co.. Cleve
&
New
Co.,
.
I
Robinson
[Vol. LXXI.
White Plains, N. Y.— Bids.— Following are the bids received September 6 for the $50,000 V^t, 10-19 year (serial)
rrad bonds awarded, as stated last week, to R. L. Day
.
I
Jan.
—
10,o.
Odue
.
A.
&
of Walter Stan on
C >., New York, at 116 50— an interest
basi* of about 3 63"^. For description of bonds see Chronicle Sept. 8, p. 5i5.
Bond Election.—This place, it is stated,
W*-llsville, Ohio.
will vote a' the November election on the question of is&uiDg
$7.\0i0 water bnrids.
West Sprinsrfleld, Mass. Bonds Proposed. The question
of issuing $5<|,<'0 water bonds will be considered at a special
"town meetiDg to be held September 17.
S.
Zanesville, Ohio.— Bond Offering. Proposals will be received until 12 M. October 8, by C.
Bniuter, City Clerk,
for $62,500 4% water woik-i bonds. Securities «r cUtel Nov.
Interest will be payable semi annua,' y at the N-tsaau
1, 1900.
Btnk, New York City. Principal will mature $12 50<> in five
years, $15,000 in ten years. $i7,5nl> in fifteen y<-ais and $ 7,500
N
—
in twenty years.
pany proposals.
>
A
certified
BANKS.
1900.
United States Life
1850.
The Audit Company The
Insurance Co.
OF NEW YORK,
Queen Building,
New York Life Bldg.,
Cedar & William Sts. La Salle & Monroe Sts.
An
George
Audit bv this ComDanv
1.
a Guarantee that
The books have been closed
2.
John
The simplest modes of book-keeping
Munn, Medical
E.
H
J.
If the books do not present a trne
commercial situation, the fact
will have beeu pointed out.
Inspections of books are made without
charge, for the purpose of quoting
Director.
...
p
....
Tucker,
Bank
Pres. QKem.. Nat.
Perkins. Jr.,
James R. Plum,
have been suggested.
4.
P.
Geo. G. WILLIAMS,
John
3.
OFFICERS:
H Burford, President.
FINANCE COMMITTEE:
Any
carelessness or irregularities
have been discovered.
J. C.
YORK.
Wheelwright, Secretary.
J. L. Kenway, Asst. Secretary.
in a
Active and successful Agents wishing to
represent this Company may communicate with Richard E.Cochran,
3d Vice-President, atthe Home
Office, 273 Broadway, N. Y.
all ac-
counting.
THE
United
leading
States
Government
Whiting Papers.
ases the
Numbers Wanted.
Railroads,
Banks,
Insurance
where.
If
you are not using Whiting's
Linen Ledgers in your office write us for
Issues of Jan. 17, 1891; Jan. 14, 21, Feb.
Hay
IS, 20,
1892
82. 1896: Jan. 21
;
May
and
It,
28.
June
Feb.
19,
1896
;
Jan.
11.
4,
4,
Feb
18, 1899.
INVK6TOH8' Supplement Jan. and July,
1893,
Quotation Supplement
Jan., 1899.
For account books they are
mequaled.
They are made in tints
especially
t
B.
Street.
We
for the eyes by
will
.
CAPITAL.,
KUttPLlsi
....
AND PROFITS,
-
81.000.000
8300,000
Transacts a General Banking and Foreign Exchange
Business.
Collections receive Special Attention.
OFFICERS:
Bigelow, Pres't.
Wm. Bigelow, V.-Prest.
F. Q.
F. J. Kipp, Cashier.
T. E.
Camp, Asst Cashier
San Francisco.
The
First
National Bank
OF SAN FRANCISCO, CAL.
UNITED STATES DEPOSITARY.
Capital, 81,500.000
S. Q.
I
MmpHY, President.
Surplus, 81.000,009
Jas. K. Ltkch.
Cnstaler.
RANGE OF PRICES.
1880 — 1900.
OCR ANNUAL
THE FINANCIAL
REYIEW
Gives a monthly ramie of Stock and Bond Price*
for five years.
1885 Issue gives
1890 issue gives
181*6 issue gives
1»00 issue trives
1880-1884
1F9*-188»
18!>U-1M4
is 6 IN 9
18 PER COPY.
D\Na CoMI'ANY.7«H Pine
PH1CE.
WILLIAM
B.
150
Duane
St.,
NT
A. Strassburger,
STOCKS AND BONDS BROKER.
free.
Southern Investment Securities.
Holyoke, Mass.,
and
St..
send you
WHITINQ PAPER COMPANY
DANA COMPANY,
7dX Pino
recommended
oculists.
pamphlet on the subjeot
Will pay lOoentbacopy for the Ciiuonicles and
16 cents for the Supplements.
WILLIAM
Boatmen's Bank, St.
Merchant*
;
FIRST NATIONAL BANK
OF MILWAUKEE.
samples.
eminent
Jan., 1898 and Jan,, 1890.
Commerce. New Vork
of
So do the
Companies and Mercantile Houses every-
Chronicle
Bank
Louis. N. W. National Bank. Chicago
National Bank. B stun.
V. Pres. J. K. Moffttt. Asst.Oash.
General Banking Business. Accounts Solicited.
Commercial and Travelers' Credits issued, available (n all parts of the world
Turns are reasonable because
which audits are
made and repo ts are furnished. Mangiven to
President.
HOWARD TuBY, Vice President.
EDGAR NOTT. Cashier.
Correspondents — National Ciiy Bank. National
Jamks Mofpitt.
of the despatch with
is
MORRIS.
Builder
r . imp. <e Trad. Nat.Bk
Leather
prices.
agerial oversight
& Banking Co.)
CAPITAL., $1,000,000.
Wm. T Standen, Actuary.
Arthur C Perry, Cashier.
proper manner.
Canal Bank,
NEW ORLEANS, LA.
(Successor or N. O. Canal
Geo. G. Williams, Vice-Pres.
C. P Fraleigh. 2d Vice-Pres.
Rich'd E. Cochran, 3d Vice-Pres,
A.
is
OF NEW
THE CITY
IK
Chicago.
City.
check for $1,(00 must accom-
MISCELLANEOUS.
MISCELLANEOUS.
New York
R. Kleyb.lte & Co., New Vork.. 103011
101-59
Geo. M. Hahn, New York
IM19. .101-16
104-33
1,'OOdue 19 i
Leland 4 Co. New York. .103t67
New
Yobk
MONTtiOMJSKT,
A.L.A.
@FedFRASER