View original document

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

■ 'V i

gt

REPRESENTING- the

W e e k ly

g U u tfjr p * * ,

industrial and commercial interests of the united states

Entered, according to Aot of Ctongm'i*. la the year 1893. by W « . B. D a s * & Co., In the office of the librarian of Congress, Washington, D

VOL. 57.

SATURDAY, SEPTEMBER 16, 1893.

NO. 1473.

W eek Endin') September 8.

% h t C h r o n ic le .

teas._________1868.

Terms o f Subscription—Payable in Ad ranee:
For One Y ear................. ............. ................. ..................................$ 1 0 0 0
For six Mouth*....... ........................... ............ .............. ..................
6 00
European Subscription (including p o sta g e )...................... 12 00
European Subscription Six Months (including postage).
7 00
Annual Subscription in London (including p o s ta g e )....A 2 10s.
Six S o l .
do.
do.
do.
.. .A 1 1 0 s .
The rxvEST0R.V BOWIE*EXT o f 1 6 0 pages Is Issued every other
month, on the last Saturdays of January. March, M ay, July, September
and November, and tarnished without extra char** to all subscribers
of the CHIU,MOLE for six month* or longer.
The State o t > Cit t s r i Pt.KMKNT of ISA pages Is also given to every
yearly subscriber of the Ch k o m c l b .
SabseriptioBs w ill be continued until definitely ordered stopped.
The publishers cannot bo responsible for rem ittance, unless made by
drafts or by Post Office or Express money orders.
File covers are sold at 5 0 cents each, and to new subscriber* for a
year one die cover Is supplied without charge; postage on the same Is
18 cents.

N ew Y o r k ................
S6S.79a.W7
S-lifJ o f—
(Stoe k t............. P iuoa .)
_____
(G ro in .............. buetuie.l (lT .O liv

The following table, made up by telegraph, etc., indicates
that the total bank clearings of ft!! tise clearing houses of the
United States for the week ending to-day, September 16. have
been $767,»a,123, against $730,068,104 last week and

P . Cent.

S53.M «,«U

-

1MW

09.101.555 ”

80.086,174

P h iladelphia............ .

00,000,1A3

50.479,590

3*430,500
1.540,90S
1,147.315

1893a

848.748

S7f;HS

*87,497
283,137
389.907
08.821,738

324.975

4<*,2T?

P ttu her*...................
B altim ore-...................
Buffalo.........
w^shunrton....

»).«38,5M
8,378.093

S&Si
iB&Si
0,483,137
tJ M M O
1.360,915

Rochester .....
Byrnes##,......

04US5

007.904
tKLi
3.000

“■
ill
1.133,969

l,W l ,* «

653,708

M
280,700

619,124
232.000

04,342,632 ™
n j m ,m

!S I
‘S i
S
I
'100.000
120.144
210.305
US,754

~ r n :m m

8SSS
! «

M0MOO

3$S
377,491
S& 3

67,03,38*

m jsw w “

I0.2S7.4S0
1,013,*“

“ • 88$
387.301
382,750
613,133

S 8 jf

H e le n a * . . . . . . . .

171,499
105,790

Total Pacific..
Per Cent.

$358,340,393
57,079,333
*1,868,882
9.781,398
05,*34,070
15,685,820
4,379.786

Seven eltea, 6 days.. —
Other eltk-a, 5 flay*......... .

$363,939,364
89,623,493

$808,823,588
1*93173.013

-3 1 8
-3 9 -9

Total all cities, 5 flays...
Ail cities, 1 day......................

1843.663,868
125,319,267

$968,098,098
218,439,901

-3 2 -9
-4 2 2

Total all title* for week..

1787,383,128

*1,170,638,599

-35-4
—25 “2
-21-7
—27*3
-22-7
-24-7
— 0*2

-3 f7

Hie full detail* of clearing* for 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 house* 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.
Our usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, Sep­
tember 9, as well as the comparative totals in 1892. are given
below. The aggregate of exchanges shows a gain o f more
than thirty-one million dollars over the previous week, but at
New York there is a less of ten millions. Contrasted with

tli« corresponding period of 1893, all but five of the cities
record losses, and in the aggregate for the whole country

_

_

8*: 8 per cent; Spokane, 70-8 ; Denver, 68-2 ; Memphis, 68*7 ;
Portland, Ore., 62 4 ; Sioux City, 62 2, and Seattle, 60'2 i>er

7.461,040

c it y ,, . . . . . . . . .

4.2X5*276

Minneapolis....... .

atfpaoi r.r.r.r.i” ” ” .:
D e n v e r .........-------Duluth.........................
8t. Joseph...................
Si* ►axC ity ..,...............
Do# Moines.........
L in c o ln .,,..,.,...... .
Wichita...... ...............
Topeka.........................

9
1
1,106,440
T jM fra
253,366

. . 07.712.,

300,855
276.652
323,813
81.254

-2 0 9

0.104.087

=93

!M

T in

35SJ8T

—
=83

532,777

“- 5 ®
17.018,640
5.07&.79Q

St. Iron?#............
New Orloan#...,...
LoaiaviU*.............
Galveston.... . . . . .
Houston...............
Richmond........... .
Nashville.,............
Savannah.............
Memphis...,_____
Atlanta . . . . . . . . . . .
Charlestonvt. . . . . . .
Norfolk,.

+16

14.913,160

4;l
-0 0
&
—16*5
802,005

691.797
567,937
401,560

55SKSJ
1,000,171

525.6 .

4V3JW03O0.S68

Fort Worth.. . . . . . . . . . . . .
Binatxudk>tt*««.............
Ohattanooaa.... . . . . . . . . .
Jacksonville. ...............
Total Southern . . . . . .
Total all................. .
Ontslde New York...

—27*7
—7*0
—47*1
—3 i ‘ 0
—4&*I
-24*0
-5 3 0
—n #
-02*7
-4 8 T

■Mjm.ism

1,850.145

506.4 3 3

55.710

iS$»

8i*l82
SU,877
21,216,614

i *

2,070,155
80O.000
511,330

> «.»

-« * »
80.0

64.887

Total Other Western..

there is a decrease of 26-2 per cent. The most important per­ Montreal........ ..........
.
centages of decrease this week have been at Birmingham, Toronto
Halifax ......... .

cent.

“ 30V

00.880.717
13,879.600
7.305.000

40U:

L>» Anjreie*. •

=8§
-29*4

Aibafiaertioe*,..

Hew York........ ......................
B oston ............ ........ ........—
PhAUt! eiphU, . . . . . . . . . ----- ...
Baltimore...............................
C hicago.................. ......... . . .
St. horn*................... ...........
Sew Orleans_________ ____

*664,360,494
70,279,806
65,657,432
11,831,592
83,154,771
20,811,206
4,833,727

-8 0 0

1.223,771

Great F a i l s * .....

W eek Ending A t i m b e r 1A

1883.

|P. Cent.

1,011,003

Sknut Fall#.......
CtM AKtysm ,
I h tu m s by T*U$mph,

1893.
*08,967,06*

8pokes#,... . . . . .

f l . 176,526,590 the corresponding week o f last year.

W eek E n d’s Sept. 2 ,

u,i7a,ose>
<2«.5«1.»(»)

Boston.
P rovidence..................
H a rtford....
New H aven.........
aprtnjrflnld ....................
Worcester ........... .......
Portland..,. . . . .
L o w e ll.................. ••
New B edford................
Fall R iv e r ...............
Total New England,,

WHatUurton... . . . . . . . . . . .
Bmiihamion........... ........
O n etim e.................. .................. *3 5 0 i Three Months (13 tim e s)..$25 0 0
Total m id d le ,..,,...-..
One Month
(4 tim es).. 11 00 Six Months
.2 6
■*
43 0 0
Two Months
(8
“
18 0 0 1Twelve Mouth* (52
*•
58 0 0
(The above term* for one month and upward are for standing cards.) Milwaukee........... ........
D e t r o it ......... . . . . . . . . . .
London Agents:
Cleveland............. .
...
Messrs. E d w a r d s A S m ith , 1 Drapers' Gardens, E. C., will take sub­ Cclumha#........... .
scriptions and advertisements, and supply single copies of the paper Indianapolis.....................
a t Is. each.
rand Rnltfai
1
w il l ia m B DARA-t W I L L I A M
I I . D A N A & C o ., P u b l i s h e r s , U
isiiuartou.......................
1
1 0 4 W i l l i a m S tre e t, N E W Y O t t U .
gAiiajnr.. ..................
JOB* o. m o m .
t
P ost Ofitcb b o x 858.
Akron. . . . . .
«prtn*fieid* O . . . . . . . . . . . .
Bar cStl*.... . . .. ...
Canton*.,,
C LE A R IN G H OU SE RETU RN S.
Total Middle Wastern.

Terms of Advertising—(Per Inch space).

O

m
AST,722

443.602

SDjUIJKS

311
—32'2

n fl
»
w

95375
127,964#
31,460,962

-26*2 090,001,938
989,690,001
"833.301,917 “ *3flJH3,3«>) — 23*8 'w e f f lf m
8,330,173
-ro
10.805,912
10.331,888
730.088.101

Hamilton . . . . . . .
Total Canada.

* Hotlnclufled In total*.

! »

6,7*3.07*

780,793

18.W 9.ia

18,157,68*

-*0*4
+ «

£SS£
583,100

14,474,098

* Publication <ltecontiuu#d for the present.

-4 8 0

THE CHRONICLE.

440
THE

S T /t T I f l W

OUT

B E f^ T W T E flT ,

See pages 4 8 2 , 4 8 3 , 4 8 4 , 4 85 a n d 4 8 6 for our
State and City Department.
A ll advertisements with relation to State and City Bonds
will likewise be found on the same and following pages.

T E E F IN A N C IA L SITU ATIO N .
Perhaps a little less of buoyancy has been observable
this week. That does not indicate any loss of confi­
dence, but a disposition to await the unbending of
Senatorial dignity, and in the meantime, so far as
concerns the discounting of favorable expectations, to
make haste slowly. Confidence in the full revival of
business if the obnoxious law can soon be repealed has
rather increased than lessened. That could hardly be
otherwise under the daily improving conditions. This
week many announcements have been made, as in
recent weeks, of the opening of the doors of suspended
banks and the resumption of business by manufactur­
ing concerns which closed during the financial stress.
But probably the most important feature is the im­
proving condition of money all over the country. At
this centre our banks gained again largely in reserve
according to their report last Saturday, and have made
a further important addition the current week. Bates
for time loans, too, have grown easier, and so have the
rates for commercial paper, the promise being that this
tendency will continue to brcaden and develop. Some
progress has likewise been made in the retirement of
Clearing House certificates by our banks, the total
retired during the week reaching $2,905,000 ; the
amount still outstanding yesterday was $34,535,000.
Should favorable action be taken by the Senate at the
close of the coming week on the repeal measure, the
withdrawal of these certificates would thereafter be
very rapid.
As to the progress of the Senate towards a vote on the
repeal bill, nothing of a definite character can be re­
corded as yet. The debate (if courtesy requires us to still
call it such) has become extremely tiresome to the pub­
lic, and appeals from commercial classes in various sec­
tions of the country continue to be sent up to the Senate
urging immediate action. The hope that the end is
drawing near has been encouraged by a notice Senator
Voorhees gave on Wednesday of a desire to have the
debate ended on a week from that day and a vote taken
on the bill next week Saturday at two o’ clock. Objec­
tion was immediately made to this suggestion so that no
action was taken upon it, but the information from
Washington is that the leaders in the repeal movement
have settled upon a plan for bringing about a vote, that
the plan will be developed the coming week, that the
end of the debate will not be much longer delayed, and
that the majority for repeal is sure to be large. This
prolonging of the suspense, though, endangers greatly
the speediness of a full recovery.
The money market, as already remarked, has shown
a tendency towards- easier rates, though to draw the
proper inference from that statement one must remem­
ber how difficult it was only three weeks ago to obtain
money other than on call except at very high figures.
On call, representing bankers’ balances, the extremes
have been 7 and 3 per cent; in explanation of the
higher rate it should be stated that it was recorded on
Tuesday afternoon just before the close of business,

(Y ol . l m t .

that it was due to manipulation for effect on the stock
market, that very little was loaned at that rate, and that
the average for the week was not over 4 per cent. R e ­
newals have been made at 4 and 5 per cent ind banks
and trust companies still quote 6 per cent as the mini­
mum. Time money is in only fair demand. There
are reports that loans have been made at 5 per cent for
thirty days and at 6 per cent for ninety days on mixed
collateral readily marketable on the Exchange and at
6 per cent for six months on dividend paying stocks
and interest-bearing bonds. It is to be said of these re­
ported transactions that they are certainly exceptional
and therefore not correctly quotable as representing
the market; a fair quotable rate is 6 per cent for ninety
days on first-class collateral. The amount of money
offering is not large and chiefly by institutions other
than banks or trust co npanies, it being understood
that very few banks and trust companies are
prepared to loan for fixed periods. Commercial paper
is not in active demand, but the demand is improving;
sales are chiefly confined to out-of-town banks and a
few individual buyers. The suspension of a prominent
house dealing in clothiers’ trimmings, though having
assets considerably above liabilities, has induced closer
scrutiny of names offered.
Quotations for paper are 8
per cent for the best endorsements, ranging up to 12
per cent for a very good class of names.
The Bank of England reduced the minimum rate of
discount on Thursday to 4 per cent from 5 per cent, at
which it had stood since August 24.
The cable re­
ports discounts of sixty to ninety day bank bills in
London 2 f per cent; the open market rate at Paris
is 2J per cent; at Berlin it is 4 f per cent,
and at Frankfort 4 f per cent. A ccording to our special
cable from London the Bank of England gained £616,706 bullion during the week and held at the close
£26,890,001.
Our correspondent further advises us
that the gain was due to an import of £355,000 (of
which £242,000 was from Australia, £15,000 from
Portugal, £11,000 from France, £10,000 from Austria
and £77,000 bought in the open market), to receipts
from the interior of Great Britain of £302,000, and to
the export of £40,000 to Roumania.
For foreign exchange the market has been dull and
generally heavy this week. It was steady on Monday ;
weak on Tuesday, mainly in consequence of a light in­
quiry, importing houses being unable freely to rem it;
on Wednesday lower discounts in London had some
effect, but in addition to that there were also some­
what liberal offerings of provision bills and moderate
amounts of spot grain drafts and cotton futures
which helped depress the market. On Thursday the
tone was again heavy in the morning but firmer in the
afternoon, and one feature was a good inquiry for cable
transfers at about one cent per pound sterling above
the rate for sight bills, the demand coming from par­
ties who were remitting in settlement of credits which
had been deferred because money could be used to so
great advantage in our market. The arbitrage operations
for the week have shown an excess of sales of stocks, but
they have had very little influence, and it is probable
that the selling has been chiefly to realize profits. So
far as the foreign bankers can judge, there is a pretty
confident feeling abroad regarding American securities,
and this o f course would be increased by the ending
of suspense concerning the currency question which
would follow the passage of the repeal measure. The
following table shows the daily changes in rates by the
leading drawers.

THE CHRONICLE.

September 16, 1898.1

Fn. Mon.. Toes. Wedne?.. Thors.. Fri..
Sept. 8. Sept. H. Sept. 18. Sept. 13. Sept. 14. Sept. 15.
83
83
83
483
83
83
83
S
S
3
86
Brown B r c . . . U f a
8d
i n 86)4-6 £
83
84
88
£
87H S *
in
■Sfi&m acUfuSl3:: t m
Ban* British (<30day*,. 4S3%
&
IS
JfCLAmerica., t Sight..... 487
&
13
i*
£g
£8
m
83
83Hi
483^ 83
8
7
MX
87)4
1
3
487>5
£8
483
£*
W*
4.87
8“
m
8S
4
83
*«©)£
85M
£*
I
£ 8 le*
4
The market closed steady yesterday at 4 33 to 83)
for sixty day and 4 85) to 4 864 for sight. Rites for
actual business were 4 824 to 4 824 for lo n g ; 4 84$ to
4 85 for short; 4 85} to 4 86 for cable transfers; 4 814
to 4 814 for both prime and doeamentary commercial
bills. The arrivals o f gold during the week have been
1908,000 on La Gascogne from Havre, #500,000 Spanish
gold on the Yucatan from Havana, #240,125 on the
Britannic and #8,750 on the Fuerst Bismarck.
Crop conditions attract much les3 attention than
usual, since the developments of the last few weeks
have marie the general industrial situation the influence
of most importance
However, it deserves to be noted
that the expectation of large crops the present year,
more particularly in the case of corn, is not to be
realized. The Agricultural Department at Washing­
ton has issued its September report, and it shows that
owing to a continuance of drouth over wide sections of
the country, there was a pretty general deterioration
daring August in nearly all the leading crops, reducing
very materially the averages of condition. In corn
there has been a decline from 87 August 1 to 76• 7
September 1, in oats a decline from 78*3 to 74-9, and
in cotton a decline from 80*4 to 73 4. Tne following
compares the September condition figures of this year
with those of the years preceding.
/September I - 1393. 1392. 1891. 1890. ldBi>. 1388. 1887.
C o r a ,..................... 76-7
W h e a t.......... ......... 7 4 0
Rjre............................ 82-0
Oat*............. ........... 74-9
B arley.......... ......... 83-9
Potato** ............... 7 1 8
C o t t o n .............. . . 73-4
T o b a c c o ................. 72 3
Buckwheat ...................

ing States in the Union, has an average of 96, against
only 78 last year. The average is higher even than in
1890, when it was reported only 90; and the same is
true of Missouri, where the condition this year is
given as 92, against 82 last year and 88 the year before.
CONDITION OF COEN.

tW*

79*6
95-3
86'5
78*9
87-4
74-8
76 9
79-9
800

91 1
98-9
95-1
00-7
94*3
94‘ 4
827
87 4
98-6

70 1
75*5
854
64 4
786
65-7
s 5 '5
82-4
90-5

909
87 5
91-6
90 0
89 9
81'7
86 6
762
92-1

9 f2
77-3
92-8
87 2
88-9
81 6
83 9
87 0
9 5-7

72 3
820
82*2
83 4
83 0
67'3
82-8
70 9
89-1

It will be observed that except in the case of wheat,
where we have a very large surplus left over from
previous years, the averages are not greatly below those
of last year, and the inference therefore is that the
yield will not differ much from that year Of course
as compared with 1891 the falling off is very striking,
but 1891, as will be remembered, was a year of phe­
nomenal harvests. As regards corn, the average tbis
year at 76*? contrasts with 79*6 last year, but here an
important fact should not be overlooked, namely, that
the acreage the present year is much larger than
for 1892. Estimates favor a total crop about the
same as last year, when the country, according to the
Agricultural Department, raised 1,628 million bushels.
Further below we show the averages of condition for
the leading corn-pr<xlncing States. It will be seen
that the loss is chiefly in the Middle Western
States, Illinois showing an average condition of
only 64 against 70 last year, Indiana only 59 against
75, and Ohio 64 against 79. I i these States a
po>r corn yield counts for less than it would further
West, since the section is not a purely agricultural one,
population being large and manufacturing quite ex­
tensive.
On the other hand, west of the Mississippi
the averages for some of the States are very high. Tuns
Iowa, which is one of the most important corn produc-

1S92.

1891.

t-4

15Q

3

S ep t. 1.

1S93.
iH

J u ly 1.

bS 8 £ » l. .J 8 U 3 £ :
Canadian Bank<A©days..
of Commerce. { sight--Heidelbaeh.Iek-f <30day*...
e&elmer k Co i Sight.....
t
cv*.-. 560
day*..
Lazani
Frere*...
j gigh£_
,

44 [

64
96
92
73
59
71
64
65
86
92
71
76
75
64

81
102
95
82
79
84
85
94
98
101
75
86
86
81

92
98
92
93
96
94
93
94
95
97
89
92
90
88

70
73
82
70
75
76
79
72
77
82
93
92
S3
81

73
79
83
81
74
80
81
73
79
80
94
92
90
80

70
75
75
81
72
84
80
73
67
77
95
92
93
90

88
90
88
82
90
39
95
SO
80
82
o:
98
97
98

Average t*. 8 .. 78-7

87-0

93-2

79-5

82*.

81-1

9 i-l

S ta tes

nUnoIs...............
Iowa............... ..
Missouri..............
Kansas................
Indiana,. . . . . . .
Nebraska..........
O hio....................
Michigan.............
Wisconsin..........
M in n esota .......
T ex a s..................
Tennessee..........
Kentucky.........
Pennsylvania....

r-i
t

r-4

rH
f

1

88
90
87
88
88
89
93
87
85
88
93
96
95
91

r4

1
96
94
88
82
95
90
93
91
87
90
95
96
95
93

90-3 92-3

In Kansas the average is put only slightly above
last year, namely 73 against 70, though the esti­
mates of the State authorities point to a crop of about
200 million bushels.
The annual report of the Cleveland Cincinnati Chi­
cago & St. Louis, issued this week, shows that the
management, which is among the ablest and most pro­
gressive in th- country, has not had a very easy
time during the twelve months. G oss earnings were
fully maintained— in fact were slightly increased— but
net earnings fell off almost half a million dollars, being
reduced from #4,177,209 to #3,704,269, and the ratio
of o p 'r u in g expenses to earninga was raised to
nearly 75 per cent— 74*74 per cent. As a result of this
loss iu net income the company fell #362,002 short of
earning the 3 per cent dividend paid on the common
shares, and accumulated surplus had to be drawn upon
to that extent. This is for the " B ig Four” proper.
Some of the leased roads, notably the Peoria & Eastern,
show heavy deficits in meeting their charges, and the
Big Four has had to advance the money to make up
the deficiencies. Taking all the roads operated gross
earnings decreased #62,637, while net fell off #732,316,
The heavy expenses have arisen from three cause*-—
first the lack of adequate facilities for the interchange
of business at various junction points, adding greatly
to the cost of the work; secondly, the rather liberal
outlays made with a view to correcting this defect and
charged directly to operating expenses, and, thirdly,
the increase in wages made in 1890. Mr. Ingalls says
that the operations since the advance h ive demonstra­
ted that in that settlement the employes received more
than their share, and an adjustment ought to be mado
upon an equitable basis. Tois statement is important,
as the company has latterly announced its intention
to reduce wages, and the employes seem rather
inclined to oppose the attempt. The balance sheet
shows an increase in the bills payable from #403,425 on
June 30, 1892, to #1,922,001' June 30, 1893. Mr.
Ingalls says, however, that two millions of the new con­
solidated bonds have been sold since the close of the
fiscal year and the proceeds applied to the reduction of
these bills payable. Authority was given to sell alto­
gether five million dollars of the new bonds to provide
for additional terminals and equipment, and other im ­
provements ; the remaining #3,000,000 of the bonds,
Mr. Ingalls states, will be sold whenever the market
warrants, and the sale will furnish the means f-»r the

442

THE

CHRONICLE.

new capital expenditures incurred, “ and leave the
company without any floating debt except deferred
payments on equipment as shown in the Auditor’ s
statement.” It is believed that through these improve­
ments and an adjustment of wages expenses can be
brought down to a normal level.
We referred last week to the great reduction in the
production of pig iron which has recently taken place.
One of the effects of this is seen in the curtailment of
the shipments of iron ore. From the statement of the
traffic shipments for the St. Mary’ s Falls, or “ Soo,”
canal during August, we see that only 688,840 tons of
iron ore passed through the canal in August, 1893,
against 958,774 tons in August,
1892, which
means of course that the ore-carrying roads to
the Lakes suffered a reduction of their traffic in that
class of freight. The flour and wheat shipments
through the canal were larger than a year ago, the
flour shipments being 964,845 bbls. against 760,860
bbls., and the wheat shipments 4,369,885 bushels
against 3,121,253 bushels. In the west-bound move­
ment coal is the chief item, and this shows shipments
of 420,593 tons for August, 1893, against 414,448 tons
fo r August, 1892. Notwithstanding the gain in coal,
the total freight shipments west bound this year were
(lightly smaller than last year, being 470,858 tons
against 472,390 tons. In the east-bound movement
the total, on account of the decrease in ore, stands at
only 1,109,252 tons against 1,300,341 tons.
A lto­
gether, therefore, the month’ s tonnage through the
canal, east bound and west bound, was 1,580,110 tons
against 1,772,731 tons.
It is rather interesting to note that at present Eng­
lish railways are showing losses in earnings just as
striking as our own. Thus for the latest week the
London & Northwestern reports a decrease of $213,330,
the Midland a decrease of $321,485, the Great West­
ern a decrease of $134,900, the Great Northern a
decrease of $89,575, the Great Eastern a decrease of
$73,930, the Sheffield a decrease of $69,785, &c. In
the case of the Midland the receipts from the goods
traffic were but one-half the amount for last year— that
is, only $301,265 against $601,635. As a consequence
o f this falling off the roads are reducing train service,
and in various other ways seeking to curtail expenses.
T h e explanation of the heavy losses is very simple.
In Great Britain, as in the United States, there has
been a stoppage of the wheels of industry, but from a
totally different cause. Some two hundred to three
hundred thousand coal miners have been on a strike
for several weeks, and this has cut off the supply of
fuel, so that industrial establishments in great num ­
bers have had to stop business. As a result the roads
have lost not only their coal traffic but also important
portions of their traffic in other freight.
The following statement, made up from returns co l­
lected by us, shows the week’ s receipts and shipments
o f currency and gold by the New Y ork banks.

LVo l . L v n .

Bullion holdings of European banks.
Bank of

September 14. 1893
Gold.

X
England......... 26,890,001
France........... 67,306,112
Germany....... 30,139,500
Aust.-Hung’y 10,723,000
Netherlands.. 2.357.000
2,739,333
Nat. Belgium.
8paln..............
7.917.000

Silver.
X
50,827,753
10,046,500
16,303,000
6.938.000
1,369,607
6.232.000

Total.

September 15, 1892.
Gold.

Silver.

Total.

X
X
X
1
26,830,001 27,779,493
27,779,493
118,113,865 60,939,000 51.611.000 118,583,000
40.186.000 35,821,500 11,940,500 47.702.000
27.026.000 8.731.000 16.909.000 25.640.000
9.295.000 3.161.000 7.384.000 10.548.000
4.109.000 3,008.667 1,304,333 4,513,000
14.149.000 7.010.000 4.983.000 12.593.000

Tot. this week 148,071,940 91,716,920 239,788,806 153,053,660 94,364.833 217.418,493
Tot. prev. w’k 147,688,700 91,983,304 239,672,004 152,609,817 94,579,750 247 189,567

STO CK OF GOLD N EED ED A F T E R R E P E A L .

W e have been asked for our opinion with reference
to the stock of gold the United States will need, to
keep its currency convertible and its commerce sup­
plied after the silver purchase clause of the 1890 law
has been repealed. The view advanced by those op ­
posing repeal in the Senate appears to be that the
amount of the metal held here will have to be largely
increased and that our imports of gold will conse­
quently have to be heavy. This it is claimed will be
the result because the act will take one of the metals
out of our currency system, and as there is already a
scarcity in Europe of the other, we shall thereafter have
to join in the scramble for gold.
It is well enough to remark that even if the above
claim, that we take silver out of our currency by the
repeal, were true it would not weaken the argument
for repeal in the least, inasmuch as the struggle be­
tween the metals for continuance as a measure of
values in the United States had, before the extra ses­
sion was called, already gone so far as to have left no
room for doubt as to the proximity and character of its
end. For a year and a-half we have lost in each three
months a net amount of gold by export, and had this
movement not been checked by the progress made to­
wards repeal, it would have continued until silver had
become the controlling metal. Thus the action of in­
judicious legislation h id put us into a dilemma from
which there was no escape except through a choice of
either gold or silver. Such being the case, the large
body of our people have been quick to pronounce
which should be the standard.
That though is not the phase of the situation now
under discussion. The point our attention ha3 been
called to assumes the repeal bill passed by the Senate
and a gold standard secured so far as the proposed legisation can do if. With that accomplished, the question
arises, what is the position the country is thereby put
in as to a stock of gold ? How large a stock will be
wanted to meet our needs ? W ill the requirements of
our commerce call for large imports of that metal ?
Leaders among the silver advocates are constantly in­
sisting that business will be reduced to great straits
and that we will be forced into an unending struggle
with Europe for gold. We might reply that under the
laws of trade, with our currency and commerce in com ­
Received by Shipped by
Net Interior
Week Ending Sept. 15, 1893.
plete correspondenc ?, we shall get j u st as much gold as
N, Y. Banks- N. Y. Banks.
Movement.
$5,270,000 $2,089,000 Gain^S,181 000 we need, be it little or much, and without any struggle.
G old ............................. ........................
1,321,000
311,000 Gain. 1,010,000 The case of the nation is fairly well represented by the
Total gold and legal tenders .. $6,591,000 $2,400,000 Gain.$l,191,000
position of the individual producer iu the United
Besult with Sub-Treasury operations and gold im ­ States. He brings his product to a near-by market,
ports.
sells it and takes home just what he wants— dry goods
Into
Out of
Net Change in
or groceries, or gold, or currency, or all of them, and
Week ending Sept. 15, 1893.
Banks.
Banks.
Bank Holdings.
no one can interfere with his choice. Similarly the
Banks’ interior movement, as above $3,591,000 $2,400,000 Gain $4,191,000
Sub-Treas. oper. and gold imports . . 9,700,000
9,800,000 Loss
100,000 nation sells its products and its securities to Great
Total gold and legal tenders___ $16,291,000 $12,200,000 Gain $4,091,000 Britain, to Germany, or to any other buyer, finding

SnFTEJIBEK 16, 1893. J

THE CHRONICLE.

ready markets for them., and takes its payment in what
it needs most, whether it be in gold or merchandise.
Some appear to think that if a foreign country or
bank puts a premium on gold the conditions as to its
shipment hare wholly changed. That is by no means
true. The premium only changes the relative values
of gold and merchandise in the country where it is
offered, but it does not affect gold in the ITaited States
unless the profit the premium holds out is so tempting
that our people prefer to let the gold go and take some­
thing else in exchange, If the gold leaves ns under
such circumstances, it is evidence that we have no
positive need for it. Of course the exports of the
metal during the past two years under the influence of
Austria's premium were of a different character. Our
forced issues o f silver caused that outflow o f gold. Ia
other words we undervalued the metal and Austria
overvalued it, so it went from us to her. It was an
artificial not a natural movement.
But why, we ask, with the repeal of the purchasing
•clause of the 1890 silver law should we not want less
gold to secure our currency and do the work of com ­
merce than we have wanted in previous years ? That
change in our statutes will relieve both Earope and
America of a great fear respecting our standard of
values, which has been growing since 1879. It is of no
use to deny the existence of such a fear during all of
the years subsequent to that date. Indeed, we notice
that as far back as December 1879, the Secretary of
the Treasury had begun to urge the repeal of the Bland
law. In December, 1880, Senator Sherman (who was
then Secretary) said in his report (page xix): “ I
earnestly recommend that the farther compulsory
coinage of the silver dollar be suspended. * * * *
The inevitable effect of the continuance of this coin ­
age for a few years more will he to compel the Depart­
ment to maintain its specie reserve in gold coin, irre­
spective of the silver on hand, or to adopt the single
silver standard for all Government purposes.” When
that was written less than two years had elapsed since
we had adopted specie payments. The Secretary ex­
pressed only in moderate terms the sentiment of all
to the risk we were
running of losing our gold standard. H jw that danger
has been increasing in degree during the thirteen years
which have intervened between that day and Septem­
ber, 1893, we explained at considerable length (August
-£>, 1893, pages 199, &e.) a few weeks ago.
We
only refer to the matter now to add that an end will be
put to this fear when the repeal law shall have passed.
That being the fact, why should not our currency and
our commerce require for their maintenance less instead
o f more gold during coming years ?
There is also another thought closely allied to the
one just expressed— a thought which we have suggested
on a previous occasion. We refer to the circumstance
that our Government holdings of gold will be easily re­
plenished at any moment and in any emergency under
the new condition of affairs after the repeal has been
perfected. The Secretary of the Treasury will then
have a bond to sell which will be beyond question pay­
able in gold, because that metal will be the standard;
and he would find no difficulty in case of any emer­
gency in placing a block of them at any financial centre
at a low rate of interest. Now, that is to say under ex­
isting conditions, he could not sell the same securities
for gold
of
at a ma­
terial sacrifice. This change in currency stability after
repeal would render the carrying of a moderate stock

conservative classes with reference

outside

the United States except

448

of gold safe under circumstances which would put our
currency in actual danger now. Besides if the Mint
Bureau is right we already have a very large gold stock
in the U nited States. It was given at 547jr million
dollars gold coin and 98^ million dollars gold bullion, or
645| million dollars, on September 1, 1893. To be sure it
may be said that a large part of this amount cannot be
proved to exist because it is n ot in sight, and no one
has been able to account for its disappearance satisfac­
torily. Y et why in the light of what has happened of
late m iy we not say with reason that the amount
out of sight has been hoarded by individuals from time
to time during all the thirteen years whieh have elapsed
since the Secretary of the Treasury voiced public senti­
ment in speaking of the danger our currency was in be­
cause of silver coinage. No doubt some of it has been.
Is it then by any means unlikely that during the year or
two following the repeal of this injudicious statute,
which ha3 caused this fear, our bank reserves will be
largely replenished, not only by the outflow of the more
recent hoardings but by amounts hidden away
years ago. The large withdrawals known to have
been thus locked up during the last six months will
speedily come in sight, and the smaller lots fall in ir ­
regularly thereafter.
Suppose then that somewhere near this 645f m illion
dollars of gold should become apparent and available
after repeal, what call could there be for further im ­
ports? Teat stock, it must be remembered too, would be
fed by our annual production of
less the amount
that goes into the arts. We cannot see therefore how
the conclusion can be avoided, that after repeal we

gold,

would, so long as trade was healthy, not only be inde­

pendent of gold imports but would have annually our
product, less amouut manufactured, to feed the world’s
supply. The public is not aware how little gold our
commerce actually keeps in nse. Take the period from
1861 to 1879— all the gold the banks o f the whole
country held in that period did not average 25 million
dollars. After 1865 and down to 1877 the gold h old ­
ings of the New York City banks averaged less than 20
million dollars, and with that all the Customs dues were
paid and all external commerce was carried on. What
we require is a currency system responsive to commerce
that will impart at homo and abroad confilenca in the
standard of values ; with that secured all the prosperity
the country could desire awaits it.
We have hardly more than touched a few of the
thoughts which crowd upon one in considering this
subject. Enough has, however, been said we think to
satisfy any unprejudiced inquirer that the position of
the U aited States with reference to a gold supply after
the repeal measure has been perfected can in no de­
gree excite anxiety.

THE ST. P A U L

D IV ID E N D A N D R E PO R T .

The directors of the Chicago Milwaukee & 8;. Paul
have this week declared the usual two par eeut cash
dividend on the common stock of the company. The
dividend, as was known, had been earned, and doubts
as to its being declared were based solely on the ques­
tion whether in view of the present financial conditions
and the derangement of trade, industry and business,
it would be deemed wide a id expedient to make the
declaration.
The existing disturbances have affected
company adversely in two ways: first, in interfering
with the marketing of its bonds and thus causing the

the

444

THE CHRONICLE.

creation of a floating debt— a debt not large for a com­
pany of the size of the St. Paul, and yet a debt which
it would be the desire to liquidate as soon as possible;
and secondly, in producing a sudden and very n ote­
worthy contraction in the company’s current earnings.
In both particulars the situation would quickly change,
should the silver repeal bill speedily pass the Senate—
that is to say, that event would make it easy for the
company to dispose of its bonds abroad and thus wipe
out the floating debt, while it would at the same time
have the effect of reviving business and restoring the
company’ s earnings.
The declaration of the dividend
therefore means that the management take a hopeful
view of the future and have faith in an early return of
confidence in business and financial circles. N or does
the step lack conservatism, since while the stock gets 4
per cent the year’s earnings, as we shall presently
show, equal 6 per cent.
W e have said that the floating debt is not large. 0 utside
of the ordinary current liabilities it consists of $3,240,000 of loans and bills payable, and against this, the report
tells us, there are in the treasury of the company and
due from trustees $8,824,000 of bonds, which when the
times become propitious can be readily sold. A year
ago on June 30 there were no loans or bills payable.
President Roswell Miller states that the debt was in­
curred mainly through the redemption of La (Jrosse
Division and other bonds, underlying the general
mortgage, that have matured or been retired for sink­
ing fund purposes, for which a like amount of general
mortgage bonds have been or will be issued ; also
through the building of 64 miles of Milwaukee &
Northern extension, for which $1,089,000 Milwaukee
& Northern 6 per cent consolidated bonds have been
issued and are in the company’ s treasury, or due from
trustees. Mr. Miller says it was not deemed advisable
to offer bonds for sale in the present condition of the
money market, the management preferring to borrow
money temporarily to recoup the treasury funds used,
which he asserts they have been able to do withou t
difficulty. When the bonds now held shall be sold, the
floating debt will disappear, and there will still remain,
he says, in the treasury, $5,000,000 out of the $8,824,000 bonds referred to.
As concerns the ordinary current liabilities inde­
pendent of the loans and bills payable, these amounted
June 30, 1893, to $6,271,458, against which the com­
pany had cash offsets of $4,283,165, including $2,662,813 of actual cash and $700,000 of loans and bills re­
ceivable, but not including $2,631,666 of fuel and ma­
terials on hand, and of course also excluding the
$7,735,000 of St. Paul general mortgage bonds and the
$1,089,000 of Milwaukee & Northern bonds held.
I f we combine the loans and bills payable with the or­
dinary current accounts, even then the aggregate of all
current liabilities only slightly exceeds 94 million dol­
lars, being $9,511,458, while the company had $13,571,625 of bonds and cash assets, not counting fuel and
materials. The total of the funded debt June 30,
1893, was $130,805,500, which compares with $129,195,000 June 30, 1892, thus showing an increase of I f
million dollars. As the company’s holdings of gen­
eral mortgage bonds increased in nearly the same
■amount— that is, from $5,996,000 to $7,735,000— it
would appear as if all the bonds issued during the year
remained in the treasury. But $2,890,500 of bonds
were redeemed and canceled during the twelve months,
and the increase of I f million dollars in the aggregate
o f the funded debt occurred notwithstanding that fact.

[VOL. L V II.

n
Allowing for these various changes, we calculate that
the company must have disposed of $2,762,000 of gen­
eral mortgage bonds during the year. This furnished
a good part of the means for the new capital expendi­
tures, $2,877,818 having been spent for new equip­
ment, buildings, track, &c., during the twelve months.
Of the $2,890,500 of old bonds retired, $1,403,000
were received in exchange for preferred stock, increas­
ing the amount of the preferred stock from $24,364,900 June 30, 1892, to $25,767,900 June 30, 1893. The
amount of the common stock remained unchanged at
$46,027,261. The item of fuel and materials increased
during the twelve months from $2,385,001 to $2,631,666.
When we come to examine the income statements,
we find a record of growth which shows at once how ably
this important property has been managed, and how
great has been the development of the territory tributary
to its lines. The increase of $1,691,546 in gross earn­
ings in the late year would not by itself challenge at­
tention; what makes it noteworthy is that it comes on
top of an increase of $4,779,284 in the preceding twelve
months, so that in two years gross earnings have risen
from $27,504,224 to $33,975,054— that is, nearly 25 per
cent; and if we carried the comparison further back,
the increase would be still more striking. The gain of
$4,779,284 in 1891-92 resulted in a gain of $2,330,779
in net, but the gain of $1,691,546 in the late year
yielded a further gain in net of only $18 443, nearly
the whole of the increase in gross having thus been ab­
sorbed by augmented expenses. The augmentation in
expenses occurred mainly in maintenance of property
and in conducting transportation. The augmentation
under the latter head would of course follow necessari­
ly from the increase in the amount of transportation
work done; but there was an increase of as much as$793,312, the report tells us, in maintenance of track
and bridges, and that is very important as bearing on
the ability of th e ro id to contract its outlays in that p ar­
ticular, now that earnings are falling off so heavily.
No lees than 41,051 tons of steel rail and 1,745,606
cross-ties were put in the track in the late year, this
comparing with 27,852 tons of rail and 1,597,570
cross-ties in the year preceding.
The freight traffic of the road, aft -r having in ­
creased from 10,397,035 tons in 1891 to 11,568,930
tons in 1892, further increased to 12,26 L,705 tons in
1893. Of the 692,775 increase in the late year, 256,688 tons was in wheat, and it is significant that the
wheat tonnage for 1893 at 1,476,071 tons compares
with only 708,162 tons two years before, in 1891. W e
say this is significant, because it shows that that item
played an important part in swelling traffic and earn­
ings during the last two years. It is also significant
in that it indicates that under a smaller spring-wheat
crop in the Northwest the present year a falling off in
the tonnage from that source in 1893-94 must be
expected. Lest, however, too much stress be laid on the
probability of a decline in this one item, it is well to
state that in the flour tonnage in the late year there
was no increase but rather a decrease, and that there
was also a decrease in the tonnage of rye, the tonnage
of barley, of corn, of fl ix seed, of dairy products, of
live-stock and of provisions, besides a decrease in ice,
in lime, cement and plaster, and in miscellaneous*
Thus the gain in wheat was offset by a loss in many
other items of farm products, and there is a possibility
that some of these may again increase, even if the
'wheat tonnage should fall off. Aside from wheat*

September 16, 1893.]

THE CHEOiNLCLE.

heavy gains in tonnage occurred in the late year in
coal, which rose from 1,367,646 to 1,568,006 to n s ; in
lumber, which rose from 1,891,191 to 2,038,329 tons ;
in merchandise, which rose from 841,341 to 1,135,727
tons; and in brick and stone, which rose from 482,093
to 639,945 tons. These are the items that indicate the
growth of population and the general development of
the country.
The St. Paul earned in the late year over 44 million
dollars (14,522,401) in excess of operating expenses and
fixed charges. This is sufficient to pay the fall 7
per cent on the £25,707,900 of preferred stock and
just about 6 per cent on the 146,027,261 of com mon
stock. On the basis of the 4 per cent dividends actu­
ally paid, the results for the twelve months leave a sur­
plus of 1877,558. It affords evidence of the important
part which our transportation bodies play in the indus­
trial and social affairs of the community to say that the
St. Paul during the fiscal year 1892-93 paid over a
million dollars in taxes (81,058,319) and disbursed for
labor directly employed in its service over 144 million
dollars— 114,585,874.

THE W ABASH R A IL R O A D .
The annual report of the Wabash shows that the
-company is in easy condition financially, that during
the late year there was further development of the
traffic of the system in the face of someadverse features
in the agricultural situation, and that the physical
qualities of the property have been improved and ex­
tended, but only along conservative lines.
Gross and net earnings for 1892-93 do not differ
much from the corresponding total* for 1891-92, there
being a small falling off in both gross and net— $168,887
in the gross and £143,964 in the net. But though reve­
nues were somewhat less, the volumo of business increased
and was in fact the largest in the company's history.
For instance, the number of tons of freight moved for
the first time exceeded seven million tons, being 7,036,387 tons. In the year preceding, the number was
6,928,051 and the year before only 6,258,064 tons. In
the tonnage movement one mile the aggregate for
1892-93 was 1,409 millions against 1,390 and 1,209 mil­
lions respectively in the two years preceding. In this
latter case, the 1892-93 aggregate has been once
exceeded, namely
in 1889-90, when the total
amounted to 1,430 millions. In the passenger traffic,
as in the freight traffic, though the changes from 1891-2
are small they reflect steady growth. In the late year
the road carried 3,934,916 passengers against 3,826,749
in 1891-2 and only 3,059,772 in 1888-89. There was
one year (1884) when the road carried as many as
4,046,577 passengers, but that was when the system
comprised 3,582 miles of road, while for 1892-93 the
average miles operated was only 1,890 miles. In the
number of passengers transported one mile the 1892-93
total is the largest ever made and reaches 177 millions
against 170 millions in 1891-92 and 150 millions in
1890-91.
This growth in the volume of business indicates at
once that the road’s traffic interests have been carefully
looked after and that the property has been kept in
proper condition to handle the increased business. 'F o r
the road is situated in a section of country where rail­
road mileage i3 very plentiful and competition intense,
and where with the absence of either requisite the
traffic would go to a rival system.
Of course the ex­

445

planation o f the decrease in revenues, notwithstanding
the increase in traffic, is found in a farther decline
in rates, though it i3 proper to say that the decrease
was entirely in freight and did not extend to passengers.
On account o f the competition referred to and the
large number of roads in its territory, the Wabash has
long had to do business at very low rates. In 1891-92
the average on freight was but little over 7 mills per
ton mile (7-05 mills) ; with the further decline in the
late year the average has been reduced to only 6’ 83
mills— that is, to 683 thousandths of a cent per ton
per mile.
In only one other year has the average
touched a lower figure than this.
It is significant of
the constant downward tendency of rates that the
present low average was reached under conditions more
promising than those which had previously existed)
President Ashley taking pains to state that “ there ha3
been a more general disposition amoDg competing
companies to maintain established tariffs, and to unite
upon measures to prevent the inroads of aggressive and
unscrupulous r-ate scalpers of the modern school,” and
that this has been “ a cheerful feature of the year.”
The increase in the late year’s freight tonnage,
though not large, 13 noteworthy because it occurred
notwithstanding a falling off in certain special items of
traffic, more particularly the agricultural tonnage.
Thus of com the road moved only 701,112 tons against
>79,367 tons in the year preceding, being a lots in that
one item of 178,255 tons, besides which there was a
falling off in other grain, in Hour, and in tobacco,
cotton ami sugar. But these various losses were more
than compensated for by gains in other items, these
gains being pretty well distributed through nearly the
whole range of articles, though mineral products (includ­
ing coal) supplied the largest amounts. Including corn,
flour, etc., there are only 11 items that show a decrease
from 1891-92, whereas there are 22 items that show an
increase. Plainly this indicates a very general devel­
opment of the traffic of the system.
The company's gross earnings for the twelve months
were 814,220,444, its net earnings 83,412,840. The
miscellaneous receipts were £319,824, and the deduc­
tions for taxes and track rentals £770,379, so that the
not income available in payment of charges, &c., was
£2,962,285.
Out of this the company appropriated
£2,714,705 for obligatory interest on its bonds and the
rent of the Eel River road and £210,000 for a dividend
on tbo Class A Debentures (the full six per cent), and
had left a small surplus, £37,580. In the year preced­
ing, when net earnings had been larger, the surplus
for the twelve months was 191,476. There was an in­
crease in the interest charges in 1892-93 of £40,580,
due to the accretion of interest on the Detroit Division
mortgage from May 1st to June 30tb. The Detroit
Division was opened to freight business April 30th and
to passenger business May 14, 1893, and thus far, we
are told, its earning capacity has been much beyond the
expectations of the managers,
Mr. Ashley points out that it has been the policy of
the Wabash management to limit betterment expendi­
tures to the means available for such purposes, and that
adherence to this policy has enabled the company to
avoid the creation of a floating debt. “ Except in
vouchers which are necessarily carried from month to
month, the company owes no floating debt other than
that included in the notes given for rolling stock,
which are payable monthly, extending over a period o f
three years, and which are charged to operating ex­
penses as they mature.” As regards the ordinary cu r-

446

THE CHEONLCLE.

rvoL.

l v i i ..

rent liabilities, the balance sheet shows that interest which are so general and far reaching. Fortunately
due and accrued June 30 was $959,857, taxes due and the country has been favored with abundant crops, and
accrued $251,295, accounts payable $1,807,107 and these must necessarily be moved as soon as the markets
bills payable $247,641, making together $3,265,900. call for the usual supplies, and it is a consolatory reflec­
On the other side of the account the company at the tion that the business of the country is now, and has
same date held $930,874 of actual cash, $661,225 of ac­ been for some years, generally upon a sound and sub­
counts receivable and $254,175 of advances and miscel­ stantial basis. When, therefore, confidence returns
laneous accounts, not including $314,124 advanced on sufficiently to remove the unnatural congestion of
account of the construction of the Detroit Division. trade, we may reasonably expect a speedy restoration of
Th e stock of materials and supplies was increased con­ the normal conditions which govern transportation.”
siderably during the year, and June 30, 1893, stood at This is a clear statement of the case, and it is unnec­
$865,941, against $598,883 June 30, 1892.
There is essary to enlarge upon what Mr. Ashley says.
one item in the balance sheet, which, judging from its
amount, one might be inclined to think was of little
consequence, but which really covers some very valua­ B A IL ROAD GROSS D A R N IN G S I N A U G U ST.
ble assets. We refer to the item of “ Investments
The month of August will long remain memorable
in Stocks and Bonds,” which is put down for only as one of the most remarkable in our industrial history.
$176,722. As a matter of fact, these investments rep­ Never before has there been such a sudden and strik­
resent property worth several million dollars, including ing cessation of industrial activity. Nor wa3 any sec­
among other things the company’ s investments in the tion of the country exempt from the paralysis ; mills,
Chicago & Western Indiana, the Belt Railway at Chi­ factories, furnaces, mines nearly everywhere shut
cago, the Pacific Express Company stock, and terminal down in large numbers, and commerce and enterprise
were arrested in an extraordinary and unprecedented
property at St. Louis, Kansas City, Toledo, &c.
The report says that notwithstanding the limited degree. The complete unsettlement of confidence and
means available for betterments, the work of improve­ the derangement of our financial machinery, which
ment on roadway and bridges was continued through made it almost impossible to obtain loans or sell domes­
the year, and with the exception of some sixty or tic exchange, and which put money to a premium over
seventy miles of track upon the Western division, checks, had the effect of stopping the wheels of indus­
which require additional ballast and some rectification try and of contracting production and consumption
of grades, the main lines from Toledo to St. Louis and within the narrowest limits, so that our internal trade
Kansas City, and between St. Louis, Chicago and De­ was reduced to very small proportions— in fact was
troit, will compare favorably with any lines west of the brought almost to a standstill— and hundreds of thous­
Great Lakes, and although further work will be neces­ ands of men thrown out of employment.
When the history of this period of industrial paralysis
sary to reach the highest standard attainable, the road
will not suffer in a comparison with any of its compet­ comes to be written, the falling off in railroad earnings
itors. A profit and loss account has been opened by will no doubt be referred to as one of the most striking
the company, to which the surplus of each year is evidences of it; for our railroad systems, as the main
credited, and to which extra expenditures for better­ agencies for the distribution and interchange of com­
ments are debited. “ This account indicates elearly modities and supplies, reflect the paralysis which ex­
the disbursements which are not legitimately a part of isted, in losses in earnings large beyond all precedent.
the operating expenses, and obviates the necessity of We present to day our usual tabulated statement of
adopting the questionable method of debiting and earnings for the month. The weekly returns, as re­
crediting ‘ cost of road ’ under cover of a construction ported by us, had shown a very noteworthy series of
account, which is too often used as a cloak to conceal decreases, but it needed the statement for the full
charges which should be included in operating ex­ month to reveal the magnitude and extent of
penses.”
Jihe
falling
off.
Taking
the
roads
which
sustained the
heaviest . losses,
there
is
N o review of the company’ s operations and condition have
would be complete which did not contain an allusion the Northern Pacific whose earnings of last year have
to the unfavorable developments which have occurred been cut down one-third, the road reporting a decrease
in the industrial situation of the country since the close in the large amount of $916,027 ; this represents one
of the fiscal year. Mr. Ashley’ s reflections on that section of the country. In the Southwest, the Missouri
point are interesting. He says : “ The recent disturb­ Pacific and the Atchison are two representative systems
the one has a loss of $837,236, the other a loss of
ance in the financial and business affairs of the coun­
try has led railway managers to expect a material de­ $765,885. In the Northwest we have the Milwaukee
crease in traffic.
A n interruption of the industrial & St. Paul with a decrease of $496,709, in the mining
pursuits of the people so widespread and severe, how­ region of Colorado the Denver & Rio Grande with a
ever brief its duration, must necessarily affect the decrease of $461,700, in the South the Louisville &
traffic of railways in the ratio of diminished produc­ Nashville with a decrease of $394,520, the East Ten­
tion and distribution, while in the possible delay in nessee with a decrease of $121,550, the Chesapeake &
crop movements and the reduced demand for merchan­ Ohio with a decrease of $110,117, &c., in the Mid­
dise there are indications of a smaller employment of dle Western States the Wabash with a decrease of
Cleveland Cincin­
the agencies of transportation. This unwelcome phase $171,000, the Big Four, or
in railway affairs has compelled the introduction of nati Chicago & St. Louis, with a decrease o f $236,economical measures which will partially neutralize the 984, &c. And so we might go through the list,
■ loss in gross earnings. Thus far the Wabash has but the smaller roads having suffered proportionately
Perhaps the
lightly suffered, the gain in passenger traffic, stimu­ just as much as the larger systems.
lated by the W orld’s Eair in Chicago, having to some best way to indicate the severity and intensity of
extent offset the decrease in fre ig h t; but it would be the depression through which industrial interests have
imprudent to count upon any exemption from troubles passed, is to bring together and present in our usual

September 16, 1893.]

THE CHE0N1CLE.

way the list of the more prominent decreases, as
is done in the following. This exhibit furnishes a
graphic illustration at once of the great collapse which
occurred in trade and business and of the striking wayin which it affected the carrying interest. It will
always form an interesting chapter in this melancholy
period of our affairs. We commend it to the careful
consideration of those members of the United States
Senate who favor or acquiesce in the policy of obstruc­
tion to Silver Repeal. We ask them not to subject busi­
ness interests to a recurrence of the trials and troubles
already suffered, for in that event both public patience
and public endurance will be strained to the breaking
point.
FBISCtPAL CHiJtOEA IS © R O S S « U » X l* 3 S XX A U 6 C S T .

I n creaees.
lUJnoli Central.............. $282,018
Chicago Sc O r a u d Trank
108.449

Tout; (representing 2
road.-,.................. .
11,‘ r

K A rtberaPacific.. . . . . . .
M». Pse. and Iron Me..
A tell.Top.AS. Ve cards.)
CMe. M il A S t P a u l...
Denver * Kio G rande..
Loaisrflte A NiMbViUo.

Ctev tin . Cli. A S t I...
M o. K i n . A V e r ..............

Wanaad..............................

Chic. Great Weiti.ru
Chic
lie. R oc* £. 4 f . ...
Kart Toon. V.i A Ga
Mexican National.........
Ches. A Ohio..................
Ctn.Jf.O.ATer.P.iSrds.i
. S t L. A K. 0 . .........

Nssliv. Char. A S t I—
$ 0 6 ,8 3 4
94,182
Kan.C . Ft. S. A M em ...
Norfolk A W esters.......
81.880
9t. t o o l s Sooth western.
77,000
$ 370,467 Or. Rap.’A Xml (4 nl*.».
7 2 ,6 0 5
Onto A Mississippi.......
86,436
$916,027 l o t A 6 t . Nortiiern—
65.348
837,230 fflo Grande W estern...
85.2 0 0
785,185 Texas A Tactile.......... .
80.993
498.709 St. Paul A Dnl.tth.........
57,412
481,70a I-afce Erie A W estern...
54.030
53.588
8 0 4 ,5 3 0 1 Till. A Ohio Central..
238,98* ’ Mine A St. to o ls ------ 198,825 Rio Grande Suutboru...
431233
171,000 Bari. C R. A North ...
42.725
149,382 M obile A O h io......... .. .
40,348
133,128 Chicago A West M ic h ..
38,452
.121,550
....
. Memphis A C harleston.
38,318
117.900
110.117
Total (representing 42
109.833
road*)................. ...$8,420.784
108,940

The foregoing includes besides the large decreases also
the principal increases. There are only two roads it
will bo seen that enjoy the unique distinction of having
greatly enlarged their earnings, at a time when other
roads 30 generally were suffering a heavy reduction of
their revenues. A few other roads also report earnings
better than a year ago but only in slight amounts; the
table above comprises simply changes in excess of #30,OOO, and the Illinois Central and the Chicago & Grand
Trunk (the Chicago line of the Grand Trunk of Canada)
are the only ones whose improvement is over that
amount. The Illinois Central has a gain of 1262,018, the
Chicago & Grand Trunk a gain of #108,440, the latter
being for the five weeks ending September 2 instead of
for the even month. Both roads owe their gains to
the extra passenger traffic resulting from travel to the
World's Fair.
And this directs attention to a favoring feature which
on a number of roads greatly modified the effects of
the falling off iu traffio caused by the industrial and
financial situation. Large and prominent though the
record of losses as set out above is, it would be still
larger and yet more striking except for the great in­
crease in passenger travel over the leading routes to
Chicago. In the absence of adequate data, it is not of
course possible to determine to just what extent this
operated to offset the loss in freight traffic.
So far as
the data go, however, they show that it was a most im­
portant influence in that direction.
1V 0 one will
question that the heavy gain on the Illinois
Central has arisen from that circumstance.
As
for the Chicago & Grand Trunk, we find that
the gain has been entirely in the passenger revenues,
these aggregating #30.3,108 for the five weeks ending
(September ^ the present year, against only #132,211
in the corresponding five weeks of last year, while on
the
other
hand the freight revenues aggrega­
ted only *147,295 against *211,740. Stated in an­
other way, were it not for the gain in the passenger
receipts the Chicago & Grand
Trunk instead
of having an increase of #108,449 in its total
revenues (freight and passengers combined) would

447

have a decrease of $64,445 and would thus keep th e^
majority company.
The Grand Trunk of Canada shows very similar re­
sults— that is, while the road reports a small increase
over last year the passenger revenues alone are to be
credited with this favorable result, receipts iu that de­
partment for the five weeks this year being $908,936,
against $782,297 last year, but freight revenues $1,065027 against $1,190,321. A m ong other illustrations
of
the
same
kind,
we
may
mention
that
the Cleveland Cincinnati Chicago & St. Louis lost
#273,167 in freight earnings during the month but
gained $27,356 iu passenger earnings, and that the
Evansville & Terre Haute lost #18,905 in freight and
gained #17,083 in passenger receipts. Of course it will
be understood that the World’ s Fair travel has been of
benefit only to the roads which by their location are inposition to get a share of the travel. On the roads not
so situated passenger revenues a3 a rule seem to have
been affected by the business prostration the same as
freight revenues, only in smaller degree.
The Ohio
& Mississippi had passenger earniugs of only $127,553
this year against $150,927 last year, the Baltimore &
Ohio Southwestern $59,003 against $63,161, the
Peoria Decatur & Evansville $17,596 against $23,003,
the Louisville Evansville & St. Louis $42,615 against
#49,224, and the Evansville & Indianapolis $9,079
’against $11,865.
Considering the results as shown in our grand aggre­
gates, we find that the loss on the 134 roads which
have contributed returns to our statements reaches
over 6| million dollars— #6,344,348.
This is the loss
notwithstanding the gain in passenger earnings from
the World's Fair, Moreover though the totals cover a
very extensive mileage— altogether 90,869 miles— yet
some large systems which mu3t have lost heavily, the
Union Pacific for instance, are not represented in the
table, and hence it is certain that a complete exhibit
covering the whole railroad mileage of the country
would show a falliag off much greater than the $6,344,348 which our statement discloses. In ratio the fall­
ing off is 13 per cent.
It is a noteworthy fact, too,
significant of the widespread nature of the disturbance
to which the falling off is to be attributed that out of
the 134 roads in our table only 24 are able to report
any increase, the remaining 110 all having sustained
decreases, large or small. Iu the years preceding,
August had been a pretty good month with quite con­
siderable gains, as may be seen from the following:
Earning*.

U U m gtY tx r
Given.

Ym r
Preceding.

Tear
Given.

Year
Preceding

Auww L
M s a u t o m o o .........
1*39 ;!5 *
.........
0 * 1 MtnxMKI........
M I I I M i m R .........
*■*3(1** m m . .......

w .U i
• tw o
91.0®!
90*970
m jm

M il,,.
77, H i
m m i
m .m i
99.407
94,319

*
34,709.197
40.38**120
43.02A979
45,702353
49.274,-177

*
31,499.909
»,039,895
40,139,837
43,093,701
48,048,925

/aw . t u Aug. ft*
u m v m n m t o i ....... .!
UPOIMt ffSftgs).... J
18911140(0*441____ j
(ISO ro»*ll........
Hy.-m .it

rvan
BBMO
A M It
m m t
oo.su

TfiM t
m ,m
8S JM
88.010

m ,m i

In cra u c.

In c.
In c.
In c.
In c
D ec .

1
3.279,328
1*581,225
2,882,912
3,0113,149
0,344.348

247.aW.Ni8
Inc .17,873,204
2*4,9*«,<M3 230.9674W Inc .27,088,924
300,303.573 M ,7 * M * 7 two. 10,013,036
Inc M $ W M
*M O A m .M i 337.777,532 Tnc. 2,00(1,130

Roads with increased earniugs being so rare, unusual
nterest attaches to those distinguished in that way,
even though the increase be in nearly all cases small.
Besides the roads already referred to above— we mean
the Illinois Central, the Chicago & Grand Trunk and
the Grand Trunk of Canada— several others owe their
gains to the Fair. The New York Central must have
derived considerable benefits from that source. The
road reports a small gain— $2,471— which, all things

443

THE CHRONICLE.

considered, mast be regarded as very satisfactory,
though thi3 year’s totals include the new mileage in
the Adirondack region. The gain on the Louisville
New Albany & Chicago must also be ascribed to the
Pair passenger traffic. The increase of $37,862 on the
“ S oo” road cannot, of course, be attributed to that
circum stance; the system, however, comprises a much
larger mileage than a year ago. Am ong the smaller
roads the Pittsburg Shenango & Lake Erie makes a
strikingly favorable showing.
This is the road of
which Samuel B. D ick of Meadville is President,
and which runs from Butler through the coal fields of
Western Pennsylvania to Conneaut Harbor on Lake
Erie. A t the moment the affairs of the road attract
unusual attention in view of the consolidation of the
iron ore interests at the upper end of Lake Superior
and the announcement that the ore from those regions
is to be taken to the docks at Conneaut Harbor and
transported over the Pittsburg Shenango & L ik e Erie.
The road reports for August, 1893, gross of $61,095,
against only $3G,2S2 for the corresponding month last
year. In the month preceding the gain had been
equally striking, gross this year at $56,376 comparing
with only $33,021 for July 1892.
As regards the grain movement, this has been affected
by the financial disturbances the same as other branches
of business. The very low prices for wheat also no doubt
act as a check on shipments out of farmers’ hands. A t all
events, for the five weeks ending September 2 the re­
ceipts of wheat at the Western primary markets were
only 15 million bushels, against 35J million bushels in
the corresponding five weeks last year, being a falling
off of 20f million bushels. The loss was heaviest at
Chicago, St. Louis and Toledo, while at Duluth the re­
ceipts actually increased. It is noteworthy that in corn
the aggregate receipts at the Western markets were in
excess of a year ago, and that the same Wa3 true of oats.
The following gives full details of the grain move­
ment.
R E C E IP T S

OF

FLOU R

A N D G R A IN F O R F IV E W E E K S EN D IN G
A N D SINCE J A N U A R Y 1 .

Flour,
(.bbls.)
Chicaao—
5 wks. Aug., 1893
5 wks. Aug., 1892
Since Jan. 1,1893
Since Jan. 1,1892
Milwaukee—
5 wks. Aug., 1893
5 wks. Aug., 1892
Since Jan. 1,1893
Since Jan. 1,1892
Bt. Louis—
5 wks. Aug., 1893
5 wks. Aug.. 1892
Since Jan. l, 1893
Since Jan. 1,1892
Toledo—
5 wks. Aug., 1893
5 wks. Aug., 1892
8ince Jan. 1,1893
8Ince Jan. 1,1892
Detroit—
5 wks. Aug., 1893
5 wks. Aug., 1892
Since Jan. 1,1993
lnce Jan. 1,1892
Cleveland—
5 wks. Aug., 1893
5 wks. Aug., 1892
Since Jan. 1,1893
Since Jan. 1,1892
Peoria—
5 wks, Aug., 1893
5 wks. Aug., 1892
Since Jan. 1,1893
Since Jan. 1,1892
Duluth—
5 wks. Aug.. 1S93
6 wks. AUg., 1892
Since Jan. 1, 1893

Com,
(bush.)

Oats,
(bush.)

Barley,
(bush.)

Bye,
(bush.)

375,922 2.418.266 9.843,588 9,546,738
166.8S1
219.024
566,410 10,213.396 8.047.491 9.200.747
213,799
380.085
3,099.606 22,910,159 48,894,182 49,727,661 5.571.127
982.639
3,738,688 21,395,689 46,913,655 50,000,424 7,052,049 1,928,021
104,478
192,170
1,096,115
1,886,785

81,950
436,000
26,400
116,490
554.000
181,804
653.850 4.S15.444 3,037,300
977,610 3,777,000 3,611,579

73,080
95,290
725,630
611,939

906.213
92,065 2.672.462 1,875.605
869
141,023 7.288,477 1.081,140 1.354,270
2.10’
8*13;101 8.259,~21 23.439.410 6,094,406
629.219
910,205 16,444,902 23,035,6d2 6,651,241 1,140,700

22,868
120,037
441,914
354,272

875.810
2.056.734
6.928.652
8,643,718

16,073 3,170.100
6.336 8.170,518
67,750 6.156,770
50,735 13,101,218
14.711
2 1,389
104.911
108,491

1.715,661
2,027.055
4,745,052
4,535,755

499.800
202.269
4.690.75S
4.875,735

131,709
62.818
261.810
196,348

6.80O
19,200

223,000
323.851
81,831
258.746
1,381,365 1.536.675
64C.786 1,208,474

554
8.9J9
337,771’
533,032

27,552
33,403
18-1.956
222,839

204.575
335,081
1,213,697
1,346,232

33.200
21,700
185,050
128,725

134.500
428,000
780.2511
920,800

565,200
409,550
6,307,690
7.760,200

737,438 1,613,976
708,230 1,271,153
2,478,477 11,871,043
2,156,300 18,31o,686

115,386

Minneapolis—
5 wks. Aug., 1893
5 wks. Aug;, 1892
Since Jan. 1.189:8ince Jan. J, Jb9<
Total of all—
5 wks. Aug.. 1S93
5 wks. Aug.. 1892
Since Jan. l, 1891
Since Jan. 1. 1892

Wheat,
(bush.)

SE P T . 2

41,920
272,785
290.016
49.153
371.8 6 1,680,471
1,609,557
370.37S
2,272,600
1,365,400
12,759,000
8,773,900

500

89,100
12i,424
144.000
220,224

In the preceding we cover the five weeks ending
September 2. For the even months the receipts at
Chicago are shown in the following. It will be observed
that aggregate grain receipts at that point the present
year were five million bushels less than in the corres­
ponding month last year. The table also gives the re­
ceipts of provisions and live hogs, in which there was a
pretty general falling off.
R E C E IPT S A T CH ICA GO D U RIN G A U G U ST AN D SINCE J A N U A R Y 1 .

August.
1893.
Wheat.bush.
Com...bush.
Oats., bush.
Rye., .bush.
Barley.bush.

2,205,470
8,694,394
8,540,881
198,944
158,201

1892.
9,180,053
6,922,981
8,293,054
332,120
171,059

Since January 1.
1891.

1893.

1892.

1891.

7,942,816 22,758,767 20,460,467 18,715,319
8,801,315 48,040,572 45,958,819 47,180,193
7,179,256 48,949,824 49,243,745 37,395,911
2,454,763 1,005,209 1,852.863 3,802,702
251,825 5,502,336 8,964,152 4,334,377

Total grain 19,797,890 24,899.897 26,629,975 126,376,788 124,480,046 111,434,502
Flour., bbls.
340,382
511,942
334,429 3,058,859 3,699,117 2,490,392
1,931
Pork....bbls.
742
993
4,258
12,94?
7,987
Cutm’ts.lbs. 7,667,290 16,864,825 13,485,417 80,244,577 124,528,970 140,927,240
Lard...... lbs.
2,864,920 4,549,273 2,805,639 34,919,946 54,881,777 49,416,325
394.499 3,820,230 5,287,189 5,382.095
Live hogs No
509,929
515,741

In the South, the cotton receipts at the outports
were slightly less than a year ago, while there was a
small gain in the shipments overland.
R EC EIPTS

OF

C O TTO N

AT

SO U TH ER N

PORTS

IN

AU GU ST

AN D

FROM

J A N U A R Y 1 TO AU G U ST 3 1 , IN 1 8 9 3 , 1 8 9 2 A N D 1 8 9 1 .

Since January 1.

August.

Ports.
1894.

1892.

New Orleans.....................
Mobile................................

8,588
214
15,898
2,348

12,895
153
21,172
350

Savannah..........................

9,751

7,651

Charleston.................. ......
Port Royal, &c..............
Wilmington......................
Washington, & c...........
Norfolk..............................
West Point, &c.............

1,431
1,185

908
78
215

3,993
1,761

1,299
1,273

Total............................

45,172

40.397

•alveston.............. bales.

1891.

1393.

80,876

235,967
22,754
22,495 605,915
3,487
39,252
18
7,113
15,482 134,164
1.998
12,707
2,352
50,702
103
379
22,289
177
2,684 102,359
2,811
42,850

1S92.

1891.

301,392
24,93*
965,570
74,804
6,831
243.041
51,535
87.080
3,164
27,158
3,441
154,910
133,620

280,981
12,217
810,171
90,213
19,052
359,695
56,558
179,560
5,078
44,851
773
242,263
193,609

82,582 1.320.352 2.087.503 2,301.021

Southwestern roads have as a whole suffered heavier
losses in earnings than any others. This follows in part
from the fact that the earnings of these roads, and more
particularly such of them as have lines into Colorado,
had been swelled last year by the holding of the
Masonic Conclave at Denver. Below we have brought
together the figures for six yeai'3 of a few leading roads
in that section. These roads have aggregate earnings of
only $6,222,653 this year against $7,965,667 last year,
there being thus a decrease of $1,743,014, or nearly 22
per cent. Three small roads not included pn this ex­
hibit make a very good showing, namely, the Kansas
City Suburban Belt, which reports gross of $22,403
against $6,454, the Kansas City Pittsburg & G ulf,
which reports gross of $26,623 against $17,120, and the
Houston East & We3t Texas, with earnings of $29,637
against $29,151.
EARNTNGS O F SO U T H W E STE R N G R O U P .

August.

30,754
4,500
316,011
243,336

278
86
78,074
17,483

3,500
10,200
586.700
730,300

2,500
15.550
71.10(1
141,552

2,235,770
3,94s',! 40
31.416,095
38,8o3,bl!
1.401,439
1,689,75]
C
V>20.026
9.540.8-58

[V o l . L V 1I.

15,051.12c 13,131,063 13,892,887
229,461
406.850
85.735.551
9,987,93/ 13.086.027
421.402
735.472
94,351,431 85,845,497 76,875,405 10,483.433 2,443,357
123.555.917 84.580,090 72.216.944 19.330.196 3.276.491

In addition to the above there was received at Kansas City during the five
weeks this year 510.325 bushels of wheat, 91.123 bushels of corn and 7,091
bushels of oats. Since January 1 the receipts have been 6,057,613 bushels o f
wheat, 1,526.340 bushels of corn and 137 233 bushels of oats

1893.
*

Col. Mid.. £
St.L.&S.F...
Den.& RioGr.
Int. & Gt. No.
ti.C.F.S.&M.Mo.K. & Tex.
St. Jos &Gr.I.
St. L. Sou’w.
Texas & Pac.

2,918,851
702,258
409,300
257,976
a301,480
704,471
92,110
323,400
452,807

1S92.

1891.

i
( 3,134.062
3,524,131
X 188,729
732,314
862,862
931,000
784,063
323,362
313,627
383,394
a395,972
785,858
901,096
86,517
113,014
400,400
349,460
580,768
513,800
*

1890.
*
2,894,092
161,287
734,807
819.44S
334.390
405,335
753,774
66,217
305,783
574,817

18S9.

18S8.

$
2,492.451
144,328
685.902
713,835

t
2,393,834
115,969
...........
705,700

439,212
693,910
126.65?
3>6.853
#7,233

363,272
562,569
100,145
281,109
485,477

...........
Total........... 0.222,053 7,905.607 7.201,792 7,100.955
a Figures here for 1393 and 1852 are simply tlio totals of the earnings for the
four weeks of the month as reported in the weekly returns; the months
earnings usually exceed the weakly estimates quite considerably.

Northwestern roads have suffered less only than
Southwestern. The roads comprised in the following
have earnings of $6,953,067 this year, against $7,922,799
last year, showing a loss of a million dollars, or about
12 per cent.

THE CHRONICLE.

September 16, 1893.J

449
EARNINGS OP PACIFIC ROADS.

E4RNINGS OF S O R T flW gST SR S LINES.

Augu L

1893.

1S92.

I
T~~
310,003 352,729
ms&s 507,7181

1891.

$

1890.

j

330,757j 885.096;
Burl. Ced. R. & No.
432,202 406,091;
Chic. & Gt. West..
.
S 2760012 2,387,006 2,322,689
ChSc. M il. & St. P. /
’
i 144,511 152,203
148.641;
MUwankee&ff* $
Chic. R. I. £ Pae..j 1,802,712 1,93.3.810 1,658.452 1,516,758
0.4A
AftB
216,498
Daiath S. S. &Atl.
298,891 237.367} 242,966
Or. Northern Sj*.. j 1,150,233 1,181.916
966,511
130,232
148,1291 189£ 37;' 156313
Iowa Central.......
M in n. & SL L e a ls ..j
127,6131 274.2131 151,116s 122,997
M. 34* P. & & S. M.
297,599! 269,737} 218.083 176,435
8t.PftBi3tDalQth., 133,387! 102,799; 152,1161 138,094

Total... . . .

1889.
_ _

j 1SS8.
.

i

232,745? 215,706
346,341| 216,699
2,212,692; 2,078,677
113,834
97,133
1,731,786' 1,387.625

OOSfltl
226,611
770,340!
13S.497

127,713
118,099
131,204

A ujmt.

1193.377
€»•>»!-'-

830,599
115,844
106,181
116,101
165,535

1893.

1892.

1891,

1S90.

1839.

1888.

f

$

$

s

?

$

Canadian PaelSc.. 1,548,000 1,820.388 1,731,985 1,530,000 1,421,755 1,297,595
2,233,035 2.034,297 2,120,603 2.091,471 1.665,291
North’n PacSdc.. >
1836,641 j
554,603
Wig. Cent, lines S
491,826
502,351
419,531
385,644
218,900
183,700
Rio Grande West..
210,08)
187,456
140,00S
116,815
Total..............

3,888,311 4,851.038 4.321.407' 4.340.473 4,102,765 3,465,345

GROSS EARNINGS A N D M ILE A G E fN A U G U ST.
Mileagr.

Gross JSamlngs.
Name o f Road,

7,Qgg.CTgl' ajns^osf g43&8P0f 8,199,884 U,523^279

Nor have Southern roads fared any better. On the
10 roads contained in the subjoined table tbe loss
reaches $1 ,010,022, or 17 per cent.

1893.

1892.

S

$

Ateh.T.iSr 8. F e S ys.f,. 2,918,851 3,521,131
702,258
802,802
St. B. <feS. Frxn. 3y s ..
238,315
262.415
Bait. A Ohio Soutiiw
1.495
3,541
Birm’ iiam * A tlantic
192.238
Brooklyn Elevated.
137,559
Buff. Much. A H its.
309.705
280,621
EARNINGS OF SOOTHER* GROUP,
310.005
352,730
Bari. Ced. R. A Nor.
l.OM'* 1.820,388
Canadian Pacific*___
1,849,000
3.980^
Carolina M idland...
1803.
1S39.
m
--------1
5,127
4990.
xm .
1888.
A uw *L
$.501)
Char. Citi. & Cixic......
10,695
7,000,
Char. Sumter A No. .
9,500
t
I
f
t
*
t
892,253 1,002.370
92&jFtS +728.011
638.074
Cbe*M*ak« A Otsk. m a s s i j m j m
473,010 Chesapeake A O h io..
400,273
391.999
Ctn.N.OJfeT.P.Sy..
cfc .4 8
575 ,se» Chic. A East Illinois.
WBM9
c s z ,m
Chic. Great W estern.
358,366!
507,748
E.Tetm,Y*Ufc Ga>.
527,006
536,074
470.871 CMC. Mil. A S t . Caul. 2,407,8 13; 2,994,552
100.U5
m .tm
SMU23
91 8*9
04,220 Chic. It. fs l.A P a c ... I ,
atSAtii a*0,MK)
802.712
1,935,840
J jm isr. & K u b-r,.
tjn fM s u m M w K m jm
1,637,277 1,345.027 Chic. A West M ich..
178,700
140.248
6.762
7.569
M«mpbL# & Otar..
•.».*»! 1 t r j m
120,723 i m j m
140,265. 122,573 Cin.Geor*. A Port*
72,4.88
54.716
2*0,300; 2-13,074; w t » m
MobSI«ROb!OK..,.
m 4,767
102,7T9 Ciu. Jack. A M ack..
361,362
311.68 s
Sa«h.i hattASt L
272. H5 O n . >'. o n . A T ex, P ,
3$0»$| 417,700: IS 1,367: 35 &j&»‘
121.726
115,963
Ala. G t Southern,.
Korfeik A Wcst'n,
% m jm \
770,727
s tr .m ; 6S1.472
S.O rl, A Northcosr
79,090!
99.497
*5.40){
05,407] u & jm i
s«07&i
South Q em U m t, ,. 81,378
Ala. A Vlckghur*...
34,930
42,861
3-,556
42.937
V ieks.Shrer.A P ic..
Total.. . . . . . . . . S,&79,38oj SJWI.Rttl
fjs3*j89tt s,00t,i«j: 4,180,268 C lt. N orthwestern.. .
1.903!
2.186
26.374
23,234
Cina.p»rtsm 'tii A Vs.
st Khrures hem f o r MUD mmt l » 3 mm
.the tot.it* o f
w o i t u e i f o r Ik®
Col. A M aJw U le...
1,342
i,r.6j
fo n t wmkM o f th # moatM m reported in th e w*ofc$r r® tu m *; th e m
m m ■ Clftr. IS w n * Col
74.86
80,326
mmmnaMf mtmmi th®t»Mr #*t«nw»i#*
O
lB
V
.C
Itl.C
Il.
A
S
t.
1
,
,
1,207.925
1,144,909
♦ Dae* not include the Elizabeth town Lexloctoo A Biar 8*nijr road In thl* u d
O evePd A Marietta.
22.713
30,463
pme&axtwyttrs.
OftlltGi A f.:ao- . ...
4.229
6.033
R iver_____
7,9 47
14.952
In the trunk lice gronp tho effects of the extra Current
Dent*. A Rio Grande
469.300
931.000
33.5 t l
38,985
traffic from the World's fair are plainly visible, as the Or* M»>. No. A West,,
27,700
Det. fk a y citj A Alp.
28.86’
102,286 113.151
falling off from last year’s heavy earnings is compara­ Bet. jUtnslaij A X-.r ..
20S.8 91
Dal. So. Shore A At].,
237,367
K. Tern;. V.i, A G , .,
tively small.
527,665
406.115
Elmo Joliet A East.
71,107
73,855
U t H X M OV TR fVK M SB *.
Etiumv . A In«lian»p.
34.707
48,877
B*»n*v. a T. fla m e .
133,161
:3J,9ft;
MMI. j
AmmL
W8t. | 1mo.
1SK4.
IS »,
N H A Per.- M are..
201.813
2*5,414
Part Worth A R ioG ,
48,169!
*3.871
*
»
i
•
}
*
*
»
A M t ) A A lt. U s,.
786!
It, A «». 9’W
UMEU*
JSMSA
W2>,!»;
SlSt7t>7|
1 t u r n Oetmrw_____ ________
98,990
118.469
c x w m t .h
!,»)“ ,SS:!1 u m jm \
i M 7,PH <>» South, A 1 tortil ,
tm
6 6 .1 7 ft
54,038G.T.nfCao' BKHjmj
1,610,148:
199,997
238.153
l« S l»
U iM M l Or Raf*.’ ! ■* indi.-n i
33.161
C te.H teh.A E E
271374
47.665
O i.A i.T. •
»»-V 47;
tm tw i j
zmjsm
m jm i
Traver.-.e C ity_____
4,032
3.281
W.s-rjf
im M ?
9SM7.:
M u u a t*
Mtiik. hr, U. A I ml
11 ..80 4
16,401
N .v .e 4 1 1
i
if
4,010,502
3.077.131 Of, Trank of ( -.modal 1,(178.963 1,972.018
•tas.j4.m $ u
418,138
.*.. m
Cfaii A Gr. Trunk; :
452.403
348.931
Wa&aati.,,.,
1,373.4 79 ud i«ioef
U rt.O f.H >v A Mil ■
118,99ft:
133,02!
Ot. i o . - » P, M. A M
959.290'
971.057
Total------ 9,11;V++ M cmob *
&SM4 A&
7JH»
KaMtern o f Mum
107.803'
114,641
•Krarwu.lt> -r.it..,„•
M
Moiitrtna Central., i
69,2531 96.24.8
.. . .
3.510
3,094
Many other roads in the Middle and Middle Western GhlUAChiduro
HoUsUui C.AW.TeK
29.637
29.151
Humes'..;: A Shoo .. J
11.300
12.125
States, onUide the leading trunk lines, have likewise fiulei:
A SouUiern
7.937
11.104
Centra! _____ 1.853.035 1.591.017
felt the influence of the extra passenger movement in Illinois
lad. B e . »k tVestornJ
36.118
03,007
Istern a fi A. Gt. S o . . ! 257.976
323.362
connection with the Fair, and hence in the following Intorooenhld
;M .- C ; I 145,113!
124,502
!o * » Central.............. 1
1 4 8 .4 1 9
165,867
aggregate gross for 18D3 approaches closer to the
Iron Railway.............;
1,630
3.107
29.135
Kanawha A Mich ..
2 8 ,1 3 1
ag^reSate than is the case with any other group.
Kate C. Clin. A Stir
19.698!
24,404
EARNINGS Of MIDDLE AND MIDDLE MTEftEftSTROADS.
Kan. C. F i. 8.A Stem,.
301.480
31* ',9 7 2
Kan. C, Mem. A Blr. >
72.541
86,480
Kaa. City Sun. Belt
&m$M.
IW
27.403
6,454
im
j im i.
mm. 1 1883. | 1868,
Kan.City Plu*.Atiiiir
26,023
17,120
*
•
Kan. C.Wyan. A N.W
*
*
24,019
32,960
«
Baft Koch. A Put.
3 7 ,7 6 8
fm .fm
f #$,705
2m jm
39,292
W»M7i 170.099 Ke.-.kuk a W estern ...
Erie All. & So
Ohlcax.i A Ba«. III. 391,900 400,273 344.700
6,370
6,13 4
152,494j 259,2.13 Bake
Bake
Erie
A
Weatern.
299.l!>ft
3 53,22 ft
Chic. * West Mich. a I 40.S1S m171,700
179JB&* »a»,33i; 1M I
120.431 Bebikb A Had. River.
4 8 ,3 6 9
51,134
Dec baiutntf A No. a 102.280 3 11S.4A4 m .im
w j m A 102,772! 105,628 Boulsv. Evans. A Hr.!.
141,691
156,191
WfommJk Terra M.
IMMU n iM Q
m jm .
mmj 101,205 Iktttlsv, & lOwhrlUe.. 1,523,383 1,917,875
Flint A 1*. M
30MJ3 245.434 i m j m
Boulav.
V.
Alb.A
<
!bie.
314.161
2+ft.*n»
tmjmi 107,283
310.047
Or.R«p.*tr.<l..*r,
Bonier. St.L. A Tex.
12,238
m ,w d
58.966
m sm
m jm
wvm\ 270,857 Mi:eoii
A Birmbik'ni ;
4,0 i I
6,0*7
liitnor, Central .. B8J3.W4J
u m .m
L1S6.SC6 Jtanletlnne ....... .......
232
43!
Bake Kn<- A West.
tm jm
ai.+pit
m #m
zm,tm
tm¥m\ 234,031 M. ' .V • U>; ;'[1
80.909
127,12ft
B oo.gran.A sen .
111.691
151,415
im jm
136,6*7
imjml 1*50.103 M exican Centra!....... . 620,537 621,469
Boole. H. A. A Chin.
814,164
310.047
mr.tm
mmm
226,811 Mexican National___
309,020
426,926
N. Y. Ont. A Wert.
W4.STP '»M,SS3
Mexican R ailway*.. .
238,512
214,311!
mjm\ 1.4,722 Mineral
m jm
Ram.—..........
PHt. /* A » > . ! „
> 1.098
I I , 137
M
9MMA9 217*150
198,340 '• •i. ik M
l»7. « l
m.m.\
i
l.onle.
.
127,613
174.213
8t. B. A. A T. H....
VMM*4
121, m
I
J0UA*' 78,308 M lna.B t I*. A S.Ste M . 1 297.509 *09,737
ToLAOW aCtoG.! 141*432;
m jm
163,579; USJU& 120,530 Mo, Kane. A Tcx.eye.
704,471
901.096!
Wot Pea. it West. . 1
e « ,m
mjm*
m jm
mm? 77,m2 Mo, Pan. A iron ,Mt.. 1,923.617 2.662,853
Tot. St. I,. A K C.
m j m , ssa,42u m?tm
ms#? 66,588 Mobile A Ohio . . . .. ] ! 208,932 249,308
Niiahv. Ollat. A st, r.,
West. ft. r. A Pa. i Mmtm\ %uj m
350,932
447.7681
» » «
E9M 61 341,168 N. Orlemw A South*:)
0.062
8,974 j
Wheel. * I,. Mm. J m ,rm
132,084
119,109 m m .
mjm ■ mm K.Y.Cen. & Hud, Rly, 4,063,912
4,061,141
T+»i................ n .m .m S.7H.7X7 5.455,461 4JmM& 1.616440* 4.101,760 N. Y. A
51.378
61,216
N. Y.Otit, A W e s t....
384,006
335,835
fo U S E X
1104 i w t « flmply tbe total* » f tb« earning* for the
Norfolk & W estern.. . ■ 762,923
841,803!
K S I ffS ft ? '* tl*« month. SSI reported in the n a U r w i r a * . tho month’s m m - Northern
Pacltlcft ... 1,886,641 2.782,068:
*“ * » «e o *»r exceed tt>« weekly M l m i t a quits apuetO enW .
Ohio A M lmim lppi...<
355.809
422,344!
n iv e r..................
82,098
90,309
In the Pacific group the extraordinary loss on the Ohio
Pariuo. Trim . A A la ..,
22,573
19,122;
i
. . :.f .i;
18,592
17,050
Northern Pacific has already been alluded to. The Peo. Dec.. . A
Evaunv .
87.803:
76.789
2,477
2,710
Canadian Pacific, being outside of the country, has Pitts. .Marion A Chic
P llu b . Sbcn, A B. K
01.095
36,28*
heen able to make a slight farther increase, after Pittsb. A W eetero—
124,453 119,431
Pittsh, Clcv. -V Tnl.
55,17-4
57.404
increases in all the years preceding.
Pltt-ih. Pa A F air.,
*5.202
31.568

1,210

W.

1892

~T~:

N orthern.......

Increase or
Decrease.
—605,280;
-1 0 0 ,6 0 1 ;
—24,100
—2,050
—15,320
+ 23,081
-4 2 .7 2 5
+ 27,612
- 1 .1 4 7
-2 ,1 8 5 ;
- 2 ,3 0 0
-•110,117
-3 ,2 7 4
-1 4 9 .3 8 2
-4 9 6 ,7 0 9
—133,128
—88,432

-iz i%

1893.

1892,

7,481
1,864
231

6,086
3,710
431
42
345
336
295
190
113
170

7,481
1,804
281
22
18
294
1,033
5,767
55
173
13 9
1.209
48 0
922
6.0 86
3,456
481
42
345
330
295
196
143
170

88

88

22

19
S20
1,134
0,015
55
175
139
1.315
480

—52,674
-2 4 .2 3 7
—20,407
-7 ,9 3 4
-4 ,3 8 1
-2 8 1
8.
8
- 1 ,8 6 0
106 106
-2 3
19!
19
-1 5 .4 5 9
1941
194
—238,984: 1,850 1,850
-7 ,7 4 8
106
100
23
— 1.904
22
—7,093
82!
82
-4 6 1 .7 0 0 1.046 1,646
150
150
—5,474
209
—1.167
20 9j
323
- 16,168
323
589
-2 8 ,4 7 0
589;
-1 2 1 ,5 5 0 1,20ft 1,253
177,
177
-4.6881
—11,110
156
158
105
165
-7 8 7
—20,621
6301
630
146!
-5 ,7 0 3
146
11
—'4* 4
a!
—19,179 307; 307
285
-2 .4 3 7
2S5!
4321
432
-3 2 ,3 5 5

- 1 1 ,20!

-1 ,2 4 9
20;
26
37i
37
—4,690
+ 1,346 3,515 3,505
; 109, 14*9
335
3351
189,
—14,626!
189
-1 1 ,7 7 7 3,704, 3,027
72!
72
-0 .9 4 2
253
253
-6 ,9 9 3
02
62
■r 422
192
+ 48M 192
—8*23!
951
93
82
82
-3 ,1 0 7

+ 262,018
—26,889
-3 5 ,3 8 6
+20,811
-1 7 ,1 is
-1 ,5 7 7

+1 ,001;

— 1.766
—94,492!
-1 3 ,9 1 9
+ 15,940!
+ 9,50 3
-8 .9 4 2
+ 1.524

2,88s 2,888
152:

152
825
519
497
20

142
163
671
270
35
81
235
148

61

725
90
368
2,9*3
537
166
97
44
330
1.847
1,219
321
17
335
902
1,672
5,372
087
810
65
2,096
61
477
1,349
0,240
036
215
118
135
254
25
178
214
77
01

THE CHRONICLE."

450
Gross Earnings.
Name o f Road,
1893.

1892.

Mileage.

Increase or
1893.
Decrease.

1892.

Name o f Road.

[VOL. L V II,
1893.

1892.

Increase

Decrease

9f
$
$
$
76,979
10,9 1 4
87,893
1 ,1 27,346
132,622
1,259,968
2,198,795
1.969,224
229.571
5,873,062
6.1 2 9 ,6 9 5
256,633
1 6 ,3 61,554 17,214,659
8 53,105
2 ,1 26,152
2 ,143,206
17,0 5 4
3 ,2 19,977
1 40,773
3 ,360,750
77,683
87,472
9 ,789
30,617,651 29,179,488 1,438,163
397.912
363,711
34,198
2,588,078
2,298,788
28 9 ,2 9 0
6.642,259
6 ,229,946
4 12.313
1 5 ,7 36,360 18,553,268
2,8 1 6 ,9 0 8
2,7 4 7 ,1 7 0
2,692,483
54,687
4 69,007
522,998
53.9 H
207 ,7 6 6
129,207
73,5 5 9
148,228
117,046
31.182
578,619
557,519
21,100
25,1 4 3
25,295
152
315 ,3 3 0
242,109
73,221
1,055,704
916,771
138,933
529,976
411,846
118,130
243,707
212,667
31,040
171,648
181,773
10,125
3 50,946
415,666
64,720
1 ,4 92,629
1,696,498
2 03,869
85,939
76,072
9,867
7 71,122
758 ,7 7 4
12,348
1,038,448
938,787
99.661
19,380
17,554
1,826
3,073,384
2 ,708,752
364,632
1,114,057
1,2 4 9 ,1 4 2
135,085
559,094
542,556
16,538
328,803
322,641
6,162
50,644
38,976
11,668
147,798
1 12,694
35.1 0 4
854,249
8 30.794
23,455
4 ,2 0 9 ,5 9 2
3 ,9 60,192
249.40C
35,111
31,498
3.6 2
1 ,2 7 3 ,15C
1,235,251
37.898
620,021
6 29.408
9 ,387
1,169,513
1.405,53c
235,945
9,0 1 0 ,3 6 2
8,906,343
101 ,0 1 9
791,793
6 9 0 ,SOC
1 0 0 ,99S
2,410,214
166,432
2,243,781
786,732
7 21,461
65,271
941,321
1,0 2 4 ,2 9 6
82,975

Mineral Range........
Minneapolis A St. Louis
Miuu. St. P. A 8. Ste. M.
134 Missouri K. A Tex, sys..
134
Quin. Omaha & K .C ..
172 Mo. Pacific A Iron M t..
180
Rio Grande South’ n.
514 Mobile A Ohio...................
514
Rio Grande Western.
67 Nashv. Chat.& St. Louis.
67
Sag. Tuscola & Huron
445
445 N. Orleans A Southern.
St. Jos. A Gr. Island..
239
239 N. Y . Cent. A Hud. Riv..
St. L .A l t .A T .H .........
20 New York A Northern..
20
St. L. Kennett A S o ..
1,223 1,223 N .Y. Ontario A W est’n.
St. Louis Southwes’n.
248
248 Norfolk A W estern........
St. Paul & Duluth___
165
165 Northern Pacific § .........
Sail Fran. & N o. Pac..
300 Ohio A Mississippi........
300
Sav. Amer. A M on t..
20
20 Ohio R iv er......................
Silverton.......................
136
136 Paducah Tenn. A A la .
South Bound..............
270
270
South Carolina...........
Tennessee M id land ...
1,497 1,497 Peoria Bee. A E v a n s v ..
T exas & Pacific...........
38 Pittsb. Marion A Chic..
Tex. Sab.V.A North..
38
316 Pittsb. Shen. A L. Erie.
Tol. A Ohio Central.^
316
247
247 Pittsburg A W este rn .,..
Tol. Peoria A West’n.
451
451
Tol. St. L. & K . Citv .
Pittsb. Cleve. A Tol.
W abash..........................
1,979 1.933
Pittsb. Paines.*s F ’pt..
221
205 Quincy Omaha A K . C -.
Western M aryland...
640
640 Rio Grande Southern...
W est. N. Y . A P e n n ..
155 Rio Grande Western —
W . Va. Cent. A Pitts.
155
255
255 Sag. Tuscola A Huron
Wheel. A Lake E rie ..
St. Jos. A Grand Island.
Total (134 roads). . 42,274,577 48,618,925 —6,344,348 96,869 94,3 1 9 St. L. Alt. A T .H . Br’Chs.
St. L. Kennett A South.
1 For five weeks ending September 2.
St. Louis Southwestern
t For four weeks ending August 26.
8t. Paul A D uluth..........
Ban Fwm. A No. Pacific
§ Includes Colorado Midland for both years.
Savan. Am er. A M ont..
a Includes Toledo Columbus A Cincinnati in botli years.
Silverton............................
b Includes Wisconsin Central for both years.
South Bound.....................
South Carolina.................
Texas A Pacific...............
GROSS E A R N IN G S FROM J A N U A R Y 1 TO AU G U ST 3 1 .
Tex. Sabine Val. A N .W .
Toledo A Ohio Central a
Increase. Deer east. Toledo Peoria A West’n.
Name o f Road.
1893.
1892.
Tol. St. L. A Kan. City.
Wabash................................
s
$
$
$
Western Maryland.........
Atch. Top. & S. Fe Sys.t. 2 5 ,4 15,856 2 4 ,7 78,990
636 ,8 6 6
West
N. Y . A P a.............
St. L. & 8. Fran. 8 y s ..
5 ,747,503
159,225
5 .588.278
5,119 West Va. Cent. A Pittsb.
Balt. & Ohio Southwest.
1,7 0 3 ,0 7 0
1,708,189
Wheeling
A Lake E r ie ..
20,720
Birmingham & Atlantic.
27,331
6,611
1,252,771
1 ,230,105
22,6 6 6
Brooklyn Elevated.........
340,38 3 ,6 6 2 337,777,532 1 0 ,6 00,531 7,9 9 4 ,4 5 1
2,2 8 3 ,2 3 6
213,385
Buff. Roch. A Pittsburg.
2,069,851
2,606,130
2 .469,637
139,832
Burl. Ced. Rap. & N o ...
2 ,609,469
267,706
Canadian Pacific.. . . ___ 13,171,265 1 3 ,4 3«,971
§ Includes Wisconsin Central for both years,
Carolina Midland...........
35,278
37,068
1,790
t To August 26.
49
Charleston Cin. A Chic..
90,351
90,4 0 0
Char. Sumter A North’n
98,473
88,2 3 7
10,236
a Includes Toledo Columbus A Cincinnati in both years.
6,44.5,476
248 ,7 4 2
6,694,218
Chesapeake A Ohio........
b To September 2.
2,8 7 2 ,0 6 6
2 .609,127
262,939
Chic. A East’n Illinois ..
J Includes Colorado Midland for both years.
2,7 4 8 ,5 1 0
3,1 7 8 ,6 7 7
430,167
Chic. Great W estern___
Chic. Milw. A St. P au l.. 2 1 ,2 11,562 21,294,281
82,719
846,527
Chic. Rock Isl. A P a c ... 1 2 ,3 39,382 11,492,855
1
,2
30,748
1
,260,682
29,9 3 4
Chic. A W est Michigan
45,147
45,141
Cin. Georg. & Portsm’th
6
4
49,862
Cin. Jackson A M a c k ...
452,400
2,538
S t o c k E x c h a n g e C l e a r i n g - H o u s e T r a n s a c t i o n s . — The
2,6 5 0 ,8 8 9
2 ,7 74,396
123,507
Cin. N.O. A Texas Pac..
1,130,715
1 ,1 44,526
A la. Great Southern..
13,811
subjoined statement includes the transactions of the Stock
870,166
8 20,756
N .O . & Northeastern..
49,4 1 0
339,661
53,257 Exchange Clearing-House from S apt. 4 down to and includ­
Alabam a & Vicksburg.
392,918
338,309
322,778
15,531
Vicksb. Shrev. A P ac..
Cincinnati Northwest’n.
13,146
13,605
459 ing Friday, Sept. 15 ; also the aggregates for June, July and
179,202
163,723
15,479
Cinn. Ports. & Virginia.
August in 1893 and 1892.
9,643
9 ,5 5 0
Columbus A Maysville
93
6 44,620
Cleve. Akron A Col........
658,918
14,298
STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.
Clev. Cin. Chic. & St. L . .
9,6 0 9 ,6 1 4
523,503
9 ,086,111
223,793
213,410
Cleveland A M arietta..
10,383
,— Shares, both sides.—> ,--------Balances, one side.--------- Sheets
16,572
18,670
Colusa & Lake..................
2,098
Shares. Value Shares. Cash. Clear'd
Cleared. Total Value.
Current River...................
105,727
127,356
21,629
5,914,104
657,479
Denv. A Rio Grande .
5 ,2 56,625
VLonth—
262,279
7 ,982
Des Moines Nor. & West.
270,261
1,598,750
6,835
94.566,700 1,433,971
Jane, 1892. 16,684,000 1,041,048,200
304 ,2 7 0
239,461
D et.B ay City A Alpena.
64,809
1.120,100 74,186,100 974,700 5.886
699,313,200
July, 1892. 9,807,300
789,731
6,337
783 ,3 9 4
B et. Lansing & North’ n.
0,183
1,657,400 107,388,900 1,301,600
977.583.000
D ul. So. Shore & A t l___
1 ,4 75,690
1,486,251
10,561 Aug., 1892. 13,998,480
358,112
4,376,250 276,139,700 3,710,271 17,954
E ast Tenn. Va. & Ga . . .
4,0 1 6 ,0 7 0
3 ,6 57,958
3 mos.... 40,489,780 2,717,944,400
53,686
Elgin Joliet A E ast........
595,051
541,365
6,395
90.200.000 1,789,800
3,682,000
June, 1893. 17.190.700 1.016.900.000
248,520
246,003
2,517" July, 1893. 19.685.700 1,100,000,000
Evansv. A Indianapolis
83.100.000 2,752,500
1,790,300
6,015
54,824
906,549
851,725
Evansv. & Terre Haute
6,882
73.900.000 2,329,200
1,470,200
961.300.000
Aug., 1893. 17,509,400
1,912,093
3,626
Flint & Pere Marquette
1,908,467
4,948.500 252,200,000 6,871,500 19,292
3 mos__ 54,445,800 3.078.200.000
F t Worth & Rio Grand<
230,760
2 1 9 ,59C
11,170
6,792
9 ,695
2,903
Gadsden & Atalla Un..
70,144
9 16,742
G eorgia................................
846,598
— Shares, both sides.— * ,--------Balances, one side.---------* Sheets
Ga. South’ n & Florida..
48,7 4 5
4 84,825
533,570
Shares. Value Shares. Cash.Clear'd,
Cleared. Total Value.
106,629
1.6 2 5 ,0 6 4
Gr. Rapids & Ind iana...
1,518,435
$
$
$
21,963
3 24,639
Cin. Rich. A Ft.W ayne.
302,676
37,754
38,392
H O L ID A Y ...................
638
Traverse City.................
Sept. 4 ........................
Mus. Gr. R. A Ind.......
122,471
102,883
19,588
323
92,8 0 0
4 ,6 0 0 ,0 0 0 237,100
“
5 ..1 ,1 1 8 ,9 0 0 64 ,0 0 0 ,0 0 0
24,664
G r. Trunk of Canada^.. 12,903,669 12,879,005
3 20
10 1 ,8 0 0
5 ,6 0 0 ,0 0 0 19 3 ,6 0 0
“
6 ..l,1 5 4 ,4 0 0 67 ,0 0 0 ,0 0 0
8,221
2,512,277
Chic. A Gr. Trunks___
2,520,498
320
95,500
84,8 0 0
4,6 0 0 ,0 0 0
789,176
736,437
Bet. Gr. H . A M ilw .6..
52,739
“
7 .-1 ,0 7 3 ,6 0 0 67 ,1 0 0 ,0 0 0
430,666
7,544,641
Great Nor. St. P. M .A M.
7 ,975,307
81,9 0 0 4 ,2 0 0 ,0 0 0 1 1 8 ,8 0 0
297
“
8 . . 889 ,4 0 0 46,0 0 0 ,0 0 0
7,825
705.768
Eastern of Minnesota.
713,593
14,839
7 4 2 ,0 5 4
756,893
Montana Central.........
361 ,3 0 0 19 ,0 0 0 .0 0 0 6 4 5 ,0 0 0 1 ,2 6 0
Tt>t. wk. .4 ,2 3 6 ,3 0 0 244,10 0 ,0 0 0
3,161
22,701
25,862
G u lf & Chicago.................
90,191
Humeston & Shenand’h
7 .382 W klastyr3,286,500 22 7 ,3 0 0 ,0 0 0 407 ,9 0 0 25 ,1 0 0 ,0 0 0 256.300 1 ,241
82,809
49,223
Hutchinson & South’ n ..
46.148
3 ,075 Sept.l l . . l , 3 2 5 , 800 8 2 ,3 0 0 ,0 0 0
328
101,700
6 ,000,000 19 0 ,3 0 0
Illinois Central................ 13,543,602 12,156,731 1,386,871
98,4 0 0
304
66,2 0 0 4 ,0 0 0 ,0 0 0
“ 1 2 .. 835,000 54 ,1 0 0 ,0 0 0
329,250
276,812
Indianap. Bee. & W e st..
52,438
68,6 0 0
3 ,7 0 0 ,0 0 0
86,5 0 0
299
242,151
In t. & Great Northern..
" 1 3 .. 7 51,300 4 6 ,0 0 0 ,0 0 0
2 ,277,759
2 ,5 19,910
1,394,692
Interoceanic (Mex.) I . . .
164,406
1.230,286
292
5 3 ,4 0 0
50,7 0 0
2,8 0 0 ,0 0 0
“ 1 4 .. 666,500 42 ,0 0 0 ,0 0 0
1,272
1 ,186,180
1,187,452
Iow a Central........... .........
60.6 0 0
2 ,5 0 0 ,0 0 0
280
47,2 0 0
“ 1 5 .. 526,900 30 ,4 0 0 ,0 0 0
22,451
*ron Railway....................
3,567
26,038
231,244
244,650
Kanawha A Michigan ..
13,406
334,400 19 ,0 0 0 .0 0 0 439 ,7 0 0 1,503
Tot. w k ..4 ,1 0 5 ,5 0 0 2 5 4 ,8 00,000
K an. City Clin. A fcpr...
15,100
203,481
218,581
Kansas C. Ft. S.A M em ..
94,908 W klastyr4,599,890 3 1 2 ,7 00,000 5 17,000 3 2 ,3 0 0 ,0 0 0 46 4 ,1 0 0 1 ,4 5 7
3,154,971
3,060,063
Kan. City Mem. A B ir..
7 ,0 9 4
685,625
692.719
65,930
K an. City Pitts. & Gulf.
35,531
101,461
The stocks cleared now are American Cotton Oil common,
157,282
88,031
69,251
Kansas City Sub. B elt..
K an. City Wy. A N . W ...
268 American Sugar common, Atchison, Chicago Burlington &
214,407
214.139
Keokuk A W estern........
3,266
2 52.936
249,670
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com­
L . Erie Alliance A S o ...
125
52,453
52,578
Lake Erie & Western
129,370
2,255,658
2,385,028
mon, Chicago & Northwestern, Chicago Rock Island & Pacific,
Lehigh A Hudson River
88,655
291,853
380,508
Delaware Lackawanna & Western, Distilling & Cattle Feed­
8 9 7 ,67(
297,261
1,194,931
Louisv. Evansv. A St. L.
13,929.274 13,926,694
Louisville A Nashville
2,580
ing, General Electric, Louisville & Nashville, Manhattan,
• Louisv. N. Alb. A Chic..
143,249
2 ,102,744
2,245,993
Macon A Birmingham
43,312
5,637 Missouri Pacific, National Cordage common, New York &
48,949
70,470
M anistique........................
8,695
79,165
New England, New York Lake Erie & Western, Northern
919.312
Memphis A Charleston..
11,277
908,035
M exican Central.............
175,839
5,084,241
5,200,080
Pacific preferred, National Lead common, Philadelphia &
2 ,8 42,954
34.535
Mexican National...........
2,808,419
2,020,974
959
M exican Railway t . ........
2 ,020,015
Reading, Union Pacific and Western Union.
$
20,872
25,048
183,700
12.558
92,110
126,080
1,951
3 23,400
135,387
81,838
31,000
8 ,000
13,500
85,400
452.807
4,244
141,432
86,315
150.490
1,242,000
119,010
309 ,4 0 0
84,026
131,779

$
25.149
68,301
248,900
14,453
113,044
126,130
2,326
4 00,400
192,799
95,3 5 0
43,455
11,500
14,700
95,407
513,800
4 ,453
195,000
85,188
259.420
1,413,000
124,535
325,900
91,268
132,084

$
- 4 ,2 7 7
—43.253
—65,200
—1,895
- 2 0 ,9 3 4
—50
—375
—77,000
—57,412
— 13,512
—12,455
—3,500
— 1,200
—10,007
—60,993
—209
—53,568
+ 1,127
—108,940
— 171,000
— 5,525
— 16,500
—7,242
—305

September 16,1893,]

fHE CHRONICLE,

451

Erie second mortgage bonds—-nearly ten dollars—but alf
securities almost without exception have improved somewhat,
l From oar own correspondent.]
generally speaking the rise in the American market being
L o n d o n , Saturday, September 3, 1898.
three or four dollars. Up to the present the general public
There has been a very sharp fall this week in the rates of has taken no part in the movement. It is of course the very
interest and discount in the open market. A t one time the slackest season of the whole year, every one who can get away
rate of discount was as low as 3 : ; per cent: at the best it can­ from London being engaged in holiday making. But as a
not be said to be higher than 8 % per cent. At the fortnightly rule the general public does not begin to purchase until
settlement on the Stock Exchange, which began on Tuesday there has been a considerable advance, well maintained for
morning, bankers at first asked 5 per cent, or Bank rate, for some weeks.
loans to the Stock Exchange, but they were unable to get
There has ako been an improvement in South American
more than 4 ) 4 per cent, and before the day was over they had securities, although the news is not encouraging. At the endl
to content themselves with 4 per cent. Within the Stock Ex­ of last week the newspaper editors of Buenos Ayres were
change brokers lent to dealers and other brokers at 5 per cent, warned not to publish rumors respecting revolutionary move­
and the rates of continuation were very light. In the money ments, and we know very little of what is going on, though
market the rate for day-to-day money was at one time as low there are private reports that the insurrection is everywhere
as 3 per cent: but it rose to 4 percent on Thursday, which spreading. The intelligence from Brazil, Chili and Uruguay
was the last day o f the month as well as pay-day on the Stock is also unsatisfactory, and there has been a further fall both"
Exchange.
in the Brazilian and the Chilian exchanges. Trade continues
The very large majority in the House of Representatives in very slack in India, and great exhaustion is reported all over
favor of the repeal o f the Sherman Act lias convinced many Australia. There is much dissatisfaction because the recon­
bankers and bill brokers that the crisis in the United States structed hanks show no inclination to amalgamate with one
will very soon now come to an end, and that little more gold another. The belief is general both here and in the Colonies
will be withdrawn from the Bank of England. As a matter that Australia is over-banked, and consequently it is feared
of fact, the demand has quite ceased, while considerable that unless there is an early agreement amongst the banka
amounts are coming in from abroad. During the week ended some of them will have to liquidate. The Continental bourses
Wednesday night the net receipts amounted to £*00,000, are all strong in spite of the rise in money, the spread of
Furthermore, foreign hankers as well m country bankers are cholera, the continued rioting between French and Italian
eagerly taking bills at about 3J£ j»er cent. But the directors work people, and the tariff war between Germany and Russia,
of the Bank of England are not at all convinced that the
The employers have decided this week not to accept the pro­
troubles are over; on the contrary, they expect an early re posal made by the representatives of the Miners’ Federation last
sumption of the gold withdrawals, and they are doing their week, and so the struggle goes on, but it looks now ns if it
best to keep up rates. During the week they have been bor­ were approaching an end. In South Wales about 00,000 men
rowing upon consols and Indian sterling 3 per cents at from have already returned to work, leaving only about 40,000 out.
3' > to 4 per cent. The reserve of the Bank of England some­ In the Miners' Federation districts proper there is said to bo
what exceeds 16 millions sterling and the bullion is now just very great distress in some counties, and it appears certain
26 millions sterling. The Bank o f France lost during the week that the miners are losing courage. In the meantime the in­
ended Wednesday night £474,000 in gold, but it still retains terruption to trade has become very serious. Works of alt
67% millions sterling. Apart from the fear that gold with­ kind* are being stopped or are running short time, and the
drawals will begin again, the directors of the Bank of Eng­ railway companies have further reduced the number of trains
land know that every possible obstacle will continue to tie put run. As a natural consequence there is a serious falling-oil in
in the way of withdrawals from the Bank of France. Further, the gro*-t earnings. Taking 17 of the principal lines o f the
they lent at the beginning o f July to the Government a large United Kingdom, there was » decrease in the gross receipts
gum to pay the interest on the national debt. The Govern­ for the first eight weeks of the current half-year o f 5 per cent,
ment still owes them about a million and three-quarters the decrease in goods being over 8% per cent and in passen­
sterling. In the first week of October the Government will gers not quite 3 [>er cent. For last week the total decrease
again have to provide quarterly interest on the debt, and was as much aa 12 per cent; in goods it amounted to 21% per
ap|«arcntlv will have to borrow once more. Betides this, eent and in passengers to over 2% per cent bo that the
the India Council, having sold so few drafts, will week was the worst of any of the eight. Some o f the com
probably have to borrow.
panies have not been much affected, but others have suffered
The India Council on Wednesday again offered 40 lakhs of very seriously—in Midland, more particularly, the gross re­
rupees In bills and telegraphic transfers, but made no allot­ ceipts having falling off in the eight weeks nearly £180,000.
ment. There were applications for about 51 lakhs at prices The decrease in the case of the London & Northwestern is
ranging from Is. 2 pi. to Is. 2 31-32.1. per rupee. The Coun­ over £96.000.
cil hopes that as the exports from India ought now to begin
The Russian Government has just concluded negotiations
to increase rapidly they will get a better price by holding off, with the Banque de Paris et des Pays Bas for the conversion o f
They have however intimated privately to the Indian banks the last of the high-interest-bearing bonds now remaining.
that for tlie present they arc prepared to sell at is. 8 %d. per The loan is a small one, and the syndicate concerned is confi­
rupee. The demand for silver for the Far East, especially for dent of carrying the operation through successfully. Already
India and China, continues very good. Up to Wednesday there has been a general rise on the Paris Bourse.
the following return shows the position of the Bank o f
the price was only 84d. per ounce, but on that day it rose to
England, the Bank rate o f discount, the price of consols, & e ,,
34Jj'd., falling back, however, the next day to 34d,
compared with the last three years:
The vote in the House o f Representatives on Monday has
18W.
188*.
188!.
1890.
completely changed the feeling on the Stock Exchange,
A u i.S O .
A 1*5.31.
Scot. 2.
S rp t.9 .
£
S
t
£
Members are now looking for an early termination of the
Circulation................................. SS.aol.800 SS.28S.8T0 Sfl.Ort7.7IO Sr.0IP.40O
crisis, and are hoping for a marked improvement in business Public depoelts ......................
4.0S82SS3
a.flfll.58* 4,31g3M 8.447,881
about the end of this month, to continue well into next year. O th e r floPMIts............................. 89,045.103 31,569.893 82.400,045 89.080,855
The fortnightly settlement, which begaQ on Tuesday morning, Government McnrttlS*........... 12,13* 23S 11,208.394 10.194,65® 13,874.837

J H o m t a t s i & o m m e r c i a l E n g l i s h ?$ £ tB s

shows that the ‘ 'bull” account open was then exceedingly
small. As already said, the demand for loans was very light,
and not more than 4J| par cent could be got. In the Amer­
ican market the Contango rates averaged about 5 per cent:
but in many cases they were much lower, and some o f the
sound dividend-paying shares were actually short—such, for
example as Lake Shore and New York Central. Inter-Bourse
securities were also in scarce supply: but British railway
stocks, especially those of the great goods-carrving lines,
while beginning scarce, increased largely in supply as the day
wore od. There being go little floating stock, professional
operators were encouraged to buy, and there has been a very
marked t in in price* in consequence, The greatest rise is in

O ther KwnntKM..........................

83,113.937 S4.558.930

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

S3,.359,710 Sl.S'fl.rtS*

lfl.048.S2117,987,78111(1,717,771)14,218,135

Goldens bullion ...................
Prop, terete to liabilities per ct.
Bank ret®.............. .....percent.
C onw jlj VH per cent,.......................
Clewing Ho»»» return*........ .

28.001,13127.704,700 30,336,480 22,683,085
48X
4r,J.<
4454
®
8
24
4
88 J-lfl

Vt%

flfl 15-lflxd

8 » 1 K -I « x «

90,904.000 111 ,sa»,000 iat.201.000 m.aso.ooo
The following shows the importa of cereal produce into the
United Kingdom during the fifty-two weeks of the season,,
compared with previous seasons:

mroRTB.
1892-03.
Imports ofw heat.cw t.67,901,524
B arley......................... 17,905.803
Oats........... ................. 14,480,255
t 'r a s ........................................

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

1991-92.
1890-91.
1889-90
70,189.511 59,091,198 38,459,476
10,615,473 16.541.772 14,493.078
15,413.911 15,945.272 13,035,911

2 ,2 5 9 ,3 0 2

2 ,7 2 0 , I f 1

l.-" O U i

1 .7 8 .. . u r c

3,963,205

4,334,278

3,367,248

3 ,4 8 0 ,0 )0

20,913,455

19,957,088

Indian corn.............. 83,518,903 30,714,403 80,123,457 43,717,029
F lour................

15,717,302 16,514,076

THE CHRONICLE.

452

Supplies available for consumption (exclusive of stocks on
September 1):

1
DOa.QQ
------------W h e a t .................. o w t.6 7 ,901.524
Imports of flour..........20 ,9 13,455
Sales of home-grown.2 6 ,2 18,858

1 8 g l_92
7 0 ,1 69.511
19,957,098
3 1 ,9 7 2 ,3 1 8

1 8 9 0 -91 .
1 8 8 9 -90 .
5 9 ,6 9 1 ,1 9 ? 5 8 ,4 5 3 ,1 7 8
15,7 1 7 ,3 0 2 1 6 .5 1 4 ,0 7 6
3 4 ,3 2 6 ,7 1 4 4 5 ,0 1 6 ,0 0 0

T o ta l..................... 115,03 3 ,8 3 7 122,09 8 ,9 1 7 1 0 8 ,7 3 5 ,2 1 1 1 2 0 ,0 1 9 ,5 5 2
1892-93.
1 8 9 1 -92 .
1890 -91 .
1 8 8 9 -9 0 .
Aver, price w heatw eek.25s. l i d .
29a. 4fl.
4 0s, l i d .
35a. 9 1.
Average price, s e a so n ..2 6 s. 8fl,
3 3s. 4d.
3 5 s. 5d,
31s. 2 d .

G o v e r n m e n t R e v e n u e a n d E x p e n d i t u r e s . — Through the
courtesy of the Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
receipts and disbursements for the month of August. From
previous returns we obtain the figures for previous months
and in that manner complete the statement for the eight
months of the calendar years 1893 and 1892,
r e c e i p t s ( 0 0 0 s omitted).
1893.

The following shows the quantities of wheat, flour a. d
maize afloat to the United Kingdom :
This week.
W heat......... .........qrs. 2,5 5 3 ,0 0 0
Flour, equal to qrs.
32 9,000
4 7 0 ,0 0 0
Maize..................... qrs.

1892.
1 .8 8 6 ,0 0 0
2 5 6 ,0 0 0
6 8 7 ,0 0 0

Last week.
2 ,7 1 8 ,0 0 0
347 ,0 0 0
4 4 9 ,0 0 0

1891
1 ,7 3 0 ,0 0 0
1 75,000
2 1 0 .0 0 o

© u n x m e u c t a l a u t l i ^ M s c e l l a u e a t x s iR -e w s
«i>uuau tfiuauuidi ,fiartt«3i»-*>er liable.
The daily closing quotations for securities, & e,, at London
are reported b v cable as follows for the week ending Sept. 15 :
Ttiurs.

Wed.

Fn.

344*
3 4 14
97!' „
9712, 8
97
98
99-523* 99*5742

34%
34i*
3 4 14
98*1|g y8%
98>ie
98 %
983,8
9«i4
99*52*9 99*45 99*25

344s
9 7 ‘ %6
97%
99 *12 4*

78%
63^4
96
126*4
58*4
50*s
106
IGi*
77
245a
25
525a
10^
25*8
1712

77*3
63^
964s
12612
5744
51%
106
1614
7744
24 %
2o*S
52%
10%
251s
17%

77%
62%
96
126
56%
52%
106
16%
77 \
2418
253*
5238
10%
23
1718

773s
61%
9534
1253*
5714
51
106
15%
77
24 %
55
52%
1038
2448
1744

78
63
96
126
56%
513*
10614
16hj
78
24
26%
5238
10%
2 4 14
17

77%
63%
96 J4
125%
56%
5144
106
16%
78
23%
2 5 78
52%
10%
2438
16%

I m p o r t s a n d E x p o r t s f o r t h e W e e k . — The following are
the imports at New York for the week ending for dry goods
Sept. 7 and for the week ending for general merchandise
Sept. 8 ; also totals since the beginning of the first week in
Januai y.

Jan......
Feb ....
March..
April...
May....
June...
July....
Aug....
8 mos.

Jan......
Feb —
March..
April...
May....
June...
July....
Aug...

*
21,102
10,501
19,065
15,90S
15,425
14,904
14.084
12,145

3
207
312
322
181
43
207
120
1G0

*
12,053
11,268
12,931
11,729
13,212
14,003
14,089
10,503

|

1890.

1893.

$1,762,103
7,2 9 6 ,1 2 0

$1 ,9 5 9 ,4 4 4
5,902,4St>

$ 2 ,4 64,284
9,926,361

$ 1 ,9 48,174
3,731,431

T otal........... ! $ 9 ,0 58,221
Since Jan. 1.
Dry Goods........$108,874,779
Gen’ l mer’dise. 265,929,387

$7 ,8 6 1 ,9 3 0

$12,39 0 ,6 4 0

$ 5 ,6 79,605

$84,43 1 ,5 0 6
284,86 3 ,4 8 8

$88,59 2 ,4 8 4
3 08,369,291

$ 98,029,312
319,29 3 ,1 8 4

Dry Goods........
Gen’i mer’diseJ

T Hal 36 weeks. $374,804,166 $360,2 9 4 ,9 9 4 $ 3 96,961,775 $417,322.496

The imports of dry goods for one week Uter will be found
in our report of the dry goods trade.

The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending September 12 and from January 1 to date:

N.Bk.
Pen- In- Red'p. Total.
sions. terest. Fund.

1
18,209
17,049
17,114
15,271
15,560
17,102
17,791
21,642

f
*
13,039 7,104
332
13,495
079
13,840
12,872 5,090
14,269
383
202
11,411
14,758 7,127
l l ,26e
397

For the w eek..
Prey, reported.

1891.

$ 7 ,8 03,793
2 20,708,807

$ 7 ,4 47,608
240,37 4 ,6 0 8

1892.

|

1893.

The following table shows the exports and imports of specie
at the port of New York for the week ending Sept. 9 and since
January 1,1893, and for tne corresponding periods in 1892
and 1891:
EXPORT8 AND IMPORTS OF SPECIE AT N E W YO R K .

F o r e ig n T r a d e

Great Britain...........
France.........................
Germ any....................
W est Indies...............
M e x ic o ........................
South A m e rica........
A ll other countries.
Total 1 8 9 3 .
Total 1892.
Total 1891.

5*900 $16,67 7 ,6 4 7
1 7 ,9 90,102
25 ,4 5 3 ,1 0 0
6 ,4 67,740
3,000
15,468
1 ,1 32,670
1 ,0 13,420

Week.

Month.

Exports.

N.Bk.
PenIn- Red'p. lotal.
sions. terest Fund.

of

Ne w Y

ork—

M o n t h l y St a t e m e n t .— In

January—
February..
March........
April..........
May.............
June...........
July............
August.. ..

1892.

General
Merchan­
dise.

lotal.

$
18,370,078
14,002,275
12,897,870
10,214.034
10,997,095
7,245,201
13,318,391
9,036,188

1
40,988,147
37,620,700
50,362,108
44,924,744
38,845.728
41,405,944
27,303,539
27,159,045

i
59,358,225
51,828,075
03,260,014
55,188,778
49,842,823
48,711,145
40,621,93»
80,495,233

08,0s!,138 ?C9 170,015 405.257,159

T

i ®enf a!
Mmhandisc.

Dm
Good,.

S
1
1
15,298.842j 23,920,048
12,113.162 32,239,838
9,870,S5l! 45,130,236
8,501,492 41,670.008
8,259,923 35,131,608
7,275,558 40,593,834
10,647,40s1 34,811.855
14,160,B6lj 36.860,508

January......... ...
F ebru ary............

\f urnh
A p ril........................
M ay........................

Til Tip

Co in a g e

1893.

1892.

J
24 8 )1,604
22.709.850
27.002.594
25,765.13".
30,707,491
31,773,6i?
32,051,141
35,045,488

t
34,379.3)3
30,730,177
33,084,920
30,042,145
31,332,732
33,813,283
28,263,673
30.781,807

231,477,147 253,058.020

by

1
42,219,890
44,353,000
55,001,153
50,177,500
43,391,530
47,969,392
45,459,258
51,051,407

80,123.200 294.393,990 379.522.1P6
CU8TOM8 RECEIPTS.

EXPORTS FROM N E W YORK.

M nth.

Total.

At New York.
Month.

J a n u a r y .............
F e b r u a r y ...^ ....

M a y .......................

A u g u st.................
T o t a l.............

Hr93.

1892.

»
15.291,902
12,430.466
12.805.8S4
9,717,453
9,909,280
9,337,791
10,220,98b
8,188,589

1
11.903.890
11,632.255
10.872,149
8,885,924
10,074,620
9,594,698
12,304,197
13,179,931

87,071,353 89,107,724

U n i t e d S t a t e s M i n t s . — The following state­

ment, kindly furnished us by the Director of the Mint, show s

Imports.

Silver.
Since Jan. 1.

*
31.590
30,750
30,049
29,074
29,482
31,219
34,571
34,033

$ 8 6 0 ,9 6 8 $ 2 7 ,6 9 5 ,5 1 4 the coinage at the Mints of the United States during the month
991,228
6,631,263
4 35,835 1 3 ,2 90,394 of August and the eight mouths of 1893.________________________
45,000
5 ,2 3 4 ,4 7 1>
1,105
51,323
Eight Months.
August.
22,329
1 ,012,960
Denomination.
115,414
Value.
Value.
Pieces.
Pieces.

$3,9 0 0 $ 68,750,147 $2,356,165 $ 54,031,844
43,000 5 7 ,9 53,863
29.924
6,473,251
20,232 7 4 .8 51.098
22.471
3 .063,350

Week.

*
2,129
1,727
1.288
2,404
3,042
1,500
2,243
1,144

t
»
t
t
t
t
39.253 10,980 10,522 6,673 1,488 35,603
81,077. 13,637 11,562
704 1,519 27,482
32,373 14,557 13,114
24S 1,206 29,435
33,771 15,539 12,705 1,706 1,038 31,098
30,874 14,058 12,903 4,073 1,023 32,002
29,200 15,513 12,122
23S 1,018 28,941
40,094 15,051 14,235 7,048
915 37,249
33,590 17,032 13,478
330
641 32,081

*
902
811
740
532
002
491
418
291

Dry
Goods.

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

Since Jan. 1.

$
159
57
212
417
270
201
257
551j

IMPORT8 INTO N E W Y O R K .

AUgUSt.............

Imports.

Gold.
Since Jan. 1.

Ordinary.

Total Merchandise.

Total 36 weeks. $ 2 2 8,512,660 $ 2 4 7 .8 2 2 ,2 1 6 $ 2 7 2 ,5 0 0 ,40 2 j$ 3 5 7 .0 0 9 ,701

Week.

1
11,811
12,18^
12,134
12,422
13,478
14,783
14,866
14,003

addition to tables preceding,
made up from weekly
returns, we give the following figures for the full months,
also issued by our New York Custom House. The first state­
ment covers the total imnorts of merchandise.

$7,2 2 2 ,9 3 6
$ 9 ,12 9,750
265,2 7 7 ,4 6 6 ! 2 47,385,951

Exports.

i
17,391
16,783
10,415
13.831
12,092
14,018
17,205
18,272

8 mos. 139.738 104,949 21,370 4,847 270,904 123,017 100,946 21.190 8,848 254,001

EXPORTS FROM N E W Y O R K F O R TH E W E E K .

1890.

Inttr'l & £ ’p. Mlsc\ Total.
Rev'ut Fund. S’rces

1893.

1892.

1891.

t
35.210
30.488
34,438
29,801
30,972
30,984
31,020
24,057

Ordinary.

FOREIGN IMPORTS AT N E W Y O R K .

For Week.

*
1,843
2,407
1,530
1,93
2,202
1,750
1,533
1,183

Cus­
toms.

100.448 1.621 >4,513 •240,970 127.207 105,843 2,187 15,537 250,774
d i s b u r s e m e n t s (OOOs omitted).
1
1893.
1892.

a
■C
O

8 :1 /er, T»er oz.................. d
C jDBoia.new, 23* per cts.
do
for account.........
F •’oli reDtee (In Paris)fr.
IT. H. 4#» of 1007
.........
Canadian Pacific.............
Gale. Mil. A 8E. Paul___
I Ilnois Central.................
l,*h e Shore........................
L m is v i lle N a s h v il le ..
Mexican Centra) 4 s ........
N. V. Central & Hudson.
N Y . Lake Erie <fcWest’n
d«
2d oons.............
N i r f r l k * Western,pref.
NoithernPaoiflo p re f...
Penn irt vanla....................
Philadelphia & Reading.
U aton Pacific....................
W sbash pref.....................

Tues.

i f on.

Sal.

1892.

N.Bk.
Inter11 Red'p. Misc'l lotal.
Cus­
toms. Rev’ut Fund. Screes

l§

London.

rvoL. l v i i ,

Week.

G reat Britain............
F ran ce ........................
G erm any....................
W est Indies...............
M exico........................
South Am erica.........
A ll other countries.

$7 6 0 ,0 4 0 $21,445,946
132,198
187,300
435,523
660
62,013
39,6 9 4

9 .............

Total 1 8 93.
Total 1 8 9 2 .
Total 1 8 91.

$7 6 0 ,0 4 0 $ 2 2 ,3 03,334
551,194 15,675,239
697,520 1 1 ,5 67,632

169,073
99,957
4 2 ,8 9 4

169,073

Since Jan. 1.
$2,670
787,440
596
44,152
7 71,539
96 2 ,8 3 0
86,735
$2 ,6 5 5 ,9 6 2
1,567,981
1 ,4 37,696

o f the above imports for the week in 1893, $685,111 were
American gold coin and $796 American silver coin. Of the
exports during the same time, $3,000 were American gold
coin-

$

$
Doable eagles...........
Eagles...........................
Half eagles.................

1 2 5 ,0 0 0
1 2 6 ,7 4 0
1 1 4 ,t 8 0

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

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

Quarter e a g le s..........
Dollars.........................

7 5 ,1 3 2

3 6 6 ,4 2 0

4 ,3 4 0 ,8 0 0

1 ,0 0 8 ,0 0 0
d 3 i,u 0 0
3 7 0 ,0 0 0

5 0 4 ,0 0 0
1 3 3 ,c 0 0
3 7 ,0 0 0

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

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

Total silver_______

1 .9 1 0 .0 0 0

6 7 4 ,0 0 0

1 9 ,4 6 3 ,7 2 2

6 ,7 2 9 ,8 5 2

Five c e n t s ................

1 .6 9 8 .0 0 0

8 4 ,9 0 0

9 ,3 0 7 ,2 6 5

4 6 5 ,3 6 3

One cent......................

2 ,0 9 0 ,0 0 0

2 0 ,9 0 0

3 0 ,2 1 1 ,2 6 5

3 0 2 ,1 1 3

3 9 ,5 1 8 ,5 3 0

7 6 7 ,4 7 6

Total g o ld ..............
Standard d o lla r s ....
Half dollars...............
Quarter d ollars........
Dimes...........................

Total m in or............

3 ,7 8 6 ,0 0 0

1 0 5 ,8 0 0

Total coinac-e..........

6 ,0 6 4 ,4 2 0

5 ,1 2 0 ,6 0 0

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

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

453

THE CHRONICLE.

September 16,1893. J

The visible supply of grain, comprising the stocks in granary
Changes in L egal T enders and N ational Bank Notes to
September l.— I’he Comptroller of the Currency has furnished at the Driucinal Doints of accumulation as lake and seaboard,
us the following, showing the amounts of national bank notes ports, Sept. 9, 1893:
Aug. 1, together with the amounts outstanding Sept. 1,
Wheat,
C om ,
Oafs,
Rye,
B a rley ,
bush.
bush,.
In C ore a tbush.
bush.
bush.
and the increase or decrease during the month; also the
.13.559.000
129,000
456.000
55.000
1,000
changes in legal tenders held for the redemption o f bank
50.000
Do a f lo a t ... . 352,000
2 4,000
8,000
63.000
3 4,000
notes up to September 1:
Albany..............
2,000
420,000
27L.000
Buffalo.............. 1,421,000
34,000
S fa tia u a l M e t I; Youts—
2,216,000
850,000 151,000
2,000
$133,655,920 O h l o a g o ................. .18.498,000
A m ou nt oat-standing Aug. 1,1893..............
92 4,000
26.000
50,000
A m ou n t Issued d u rin g August................... 613,‘'09,975
2,343,000
2,009
4,000
15,225,961
834,014
A m o u n t retired, d u rin g au .;jbc .............—
8.6.000
. 1,475,000
51.000
30,000
Toledo ..
.
932,000
3,000
7,000
53,000
23,000
Detroit..
$198,981,381 O
A m o u n t o u tsta n d in g Sept. 1,1893'..........
___
___ ___
___ .
sw ego.
60,000'
4.1,000
2.000
4,251,000
100.000
'
.
L eg a l T en d er H oles—
10,000
5.000
1.000
Cincinnati.........
9,000
1,000
A m ou nt on d ep osit t o red eem n a tio n a l bank
63.000
Boston................
294,000
9.000
20,000
$21,434,627 Toronto..............
notes A*«if. 1. 1993.................................
42.000
90,000
8194.5*0
Amount deposited daring A u g u s t ...........
" 6,000
' 19,000
32.000
58.000
ontreal...........
3*3,000
3 54,014
199,164 M
Amt. wls-taed. Sl haikaotaft retire l In A u g , .
186.000
63.000
P hiladelphia....
014,000
201,000
'* * $ 0 0
P e o ria ................
111,000
13.000
Amount o a deposit to redeem n a tion a l bank
2 .0 0 0
38.000
262,000
18.000
$20,245,163 Indianapolis___
co.ee Sapt. 1, 1393........................... .
6.000
23.000
2,000
Kansas C it y ....
331,000
15G.0OO
15.000
288,000
Baltimore..........
70*5,000
* Circulation ot national gold banks, not included shore. $93,487.
M inneapolis..,. 3,895,009
20.000
16.000
1,000
21,000
According to the above the amount of legal tenders on On Mississippi......................
21,000
4,000
ltybbo
1,636.000 1,291,000
deposit September 1 with the Treasurer of the United States to On Lakes.......... 1.381,000
531,090
238,000
5,000
A river 2,852,000
redeem national bank notes was $20,313,163. The portion of OnT ocanal
tals—
-----------------this deposit made ( 1 ) by banks becoming insolvent, (2 ) by S e p t. 9 , 1 3 9 3 .. 5 8 . 1 4 0 . 0 0 0 5.657.000 4,073,000 3i«,OO0 319,000
banks going into voluntary liquidation, and (3) by hanks re­ S e p t . 2 , 1 8 9 3 . . 5 8 , 3 3 2 ,0 0 0 5.517.000 3,933,000 364.000 351,000
ducing or retiring their circulation, tvas as follows oa the first Sept. 10. 1392 38.716.000 8.721.000 5 ,i t 5.000 5 9 1 /0 0 325,000
30*.357
S e p * . 1 2 , 1 8 3 1 .. 2 1 . 9 3 3 . S 41 8,238.701* 1.012,972 2,705,976
of each o f the last five months:
S e p t. 1 3 , 1 8 9 0 . 1 7 . 5 6 1 . 7 2 9 S .130.339 3.999,186
393,392
823,420
D e p o s its ftp—

M a g 1.

J u n e 1.

J u l y 1,

A u g u s t 4.

S ep t 1.

a
1.008,98 2
Ineo’ v't bks..
4 ,;1 2 ,3 i2
Llqtiid’g bks..
Bed’c ’g andr.
act o f •?*..• 15.623,8 49 17.080.487 11.846,006 14,655,191 11,423.8 38
$
1,119.955
4,379.175

4
*
*
1,07-1,259! l.c.Sft.tSS! 1.018,528
4.879.723 4 .8 2 ; 071 4,700.907

Total.......... 21,622.9*9 21 .0 3 6 4 0 * 2 1 .7 1 3 .U 6 2 0 .U 4.62 7 20.241,163
* Act o f J u n e 20, ’.371, »nJ July 12. 1332

Tbe movement of ore a l stuff* t> at irket is in i cate 1 in the
statement below, prep ire i by m from tbs flgare* o f t n Nw •
York Produce Kv:h t >ge. We first give th« recup’ s at
Western lake and river ports, arrange’l so as to present f t comparative movement for the week ending S.*pt. 9, 1893,
and since August 1. for each of t>i« last n *-*•.* vmrs s
IP.c Apt* m —

ftya r.

Whmtr '

Omm,

(MU,

Bmr&ep,

Hm

— Tin:’ c invention o f the American Bankers'Association,
which was to have been held iit Chicago on the 6th and 7th
Inst., and was postponed without date, will be held in that
city o n the 18;li and lilih of October pro*. Headquarters and
registry room will be at the Palmer House. The card for
delegates sent in June can be used for this convention,
— The Union Mutual Life Insurance Co. of Portland,
Maine, has su-t lined a heavy loss h i the death «.f ns President,
Mr. John E, Iks Witt, recently killed in the accident on the
Boston & Albany RR. The Union Mutual is m able hands,
hr s a strot g board of directors*, ami ur d*r the direction of
Vice-President Josiah B . Drummond and the board, will ejutinu*» its successful career along the same lines upon which it
has been conducted hen-1 fore. Mr. Drummond is senior
director and counsel of the company, and was the responsible
head >.f the committee of directors who. tn 1S76. selected Mr.
DeWitt and negotiated with him for the presidency of the
Union Mutual. Mr, Drummond is thoroughly familiar with
the Union Mutual and the conduct of its affairs.

B m .im b * BmtkM to# Bm AM U» B w hS m *.B rn k,m o»- Hu,30 *
77,7*7
cauawo . . . .
rnm m i
s tm t ,
m ,tm
ttr m
i.« vm
tm .m J
454.000
M ltm o k e * ,.
w $t
11 » *
, „ M,
D a teib......
i f im m
........
..
MlnneaBoIH.
........
|
T ole d o ........
3,7*i«
a x »n .
m jm
.15,4 ?J
New York City, Boatoa and Philadelphia Banks;
m jm
Detroit....... .
sj^tm
CApitai A
Cleveland....
W it
« .u »
7A0
B a n k *.
■ ■
Sl'teu. Insets, i t t H ' i ' i t j Mre't'tlass**St. Louie......
nmM%
1
S19JW
**-■
2 I *a
SC* V o r l i . *
*
*
*
*
ai.oooj
Pwrta...........
w
s jm
Jt Sjt* 12.....
4 l l,f 0 5 ,7 5H/J24.8 2 2 , ; “ 0,7'-972,It* 1,5 7.03AO UK,817.4
E ensae City.
......
2TI.302'
A ijm 1 *1,1*17,5 t*>«.«40.'2 58.352.8
1 71,0 370.9*12., 7.128.9 nr. 1 *7,8
!9
'i.i*
n
.,i
t
0
«
,
6*77,4
89.0
8
0
.9
22.0.11,4
8
70,170,0
8.780,3
;t*i4 sa t,H
Tot.«**,•».
318,443
% r*w \
m & i*
MlS.OOl
:: i ;r i,o l7 .,i 40.*.
lH,8h<i„1 1.1,074.8 374, 1'l 'M 9.91 J.*3 I0H .IH 7.1
S&mm w t , m
tA S iM n
7JH9JKI'
■iii.ets'
**
i*,,., i3 2 .U l7 ,4 .«a ,» * jt *.2 69,280,1197,152,4 3*3.787,7 1*2091 896,738,8
Seme wt.'Si
tom
tom
*'*
v
sm
,
770
2,sm
u
s^
T4M M
teefts?
T t7jti7
fit.6 4 7 .6 149,485.5 7,01*0,1 4.998.1 12 ».78.7.:* -,.502.9 5 5 .0 4 6 ,9
A m M ..
9Hmc» Aw§* 1.
1*4,642/' i §*»,»»
7.236.1 4 .'* * !.« 122,291.2; u.H1S> 4 BC .67S.S
%n%m& m s i i j m it/m *-it © ir,414.9*1
Ittn e e D .
k-mm t> ■ 3 * l • •>4,64V.I*
m \ sn
7 ,3 2 .(,0 4 ,2 4 4 ,0 195 ,183 ,9 9,058,6 5 9 ,1 0 8 .0
l* M !n .■*
»A<»«4.*»>S U J& U 7?
m sm ®
M IH
..........
A n * 26 ... •75.71*3.7 1*12,411,0
23,5 8 1 .0
9 3 ,4 8 4 /3 1 ,0 4 0 ,0 *7,805.1
im ,
X&tMsJl*
44 tiffy
in m iM m I t m i 2ai
M ,7 M ~ 1 0 2 ,7 1 8 /'
2 ,0 5 9 ,0
9 3 * 4 2 3 /' 1,074.0 3» 53- 4
**
0 .-J
102,984.
2 4 3 4 .6 /*
>.*,1,1*16.0. .M 0 ,0 “0.1*00,2
The receipts o f flour and gram at sane
i«ri»

....

toi t< e

week ended Sept. 0.1893, follow:
Flour,
At—
bbts.
New Y o r k ...l s > .H «
Barton........... 9 4,3-v j

Montreal..,, 34.929

Philadelphia. 36.174
Baltimore___ 90,090
R tob m o n d ... 3,255

Whmtl,
bush.

Corn,
ft-ieh.
374,700

37.780

Oat*.
bwtb.
'*4 1 . 7*10
a t o .o o i

204.5S9 $*.»,.-,*« ist,* 2 i

d7.»23
«o.»«.*- 1S.4.M17
307.14*5
i : * .--7
13!,574
18.300
* 1.85 *
13,752

New Orleans. 23.93$ *90,991 1*3,433

03.090

T ot. w eek.. 420.91.4 9,810.414 1,237,030 1,410/131
Wee* 1882..49.1,499 4,335.501 72>,398 1 .8 .1 7 o «

Krefev,

bn.tr
77.1
3 /» ,o

Hu>.
hu*h.

Aaction Sales—Among other «"*:ttriti**8 the following, no
w ere r e c e n tly som «l
auction,
9,24s
By Mes-r*. R. V. H irnen & Co.:
3 218
ID',i,,l ?,
S h ir r s ,
i
low
41 Eighth Ave till Cr. ,...2*>t I*
*1 fi l* r.

m I

......

.......

30 (/.t n Exchange Bank.

9 2 . 7 5s

30 959

Below are th« r,t*l ehipn-mt* o t dm.* and grata I r o n
W e m e r a lake and river p irn ( o r four years;
1803,
1992.
1890
1991.
WesJc
tree*
W eek
W ee k
9 m l . 10 .
S t p i 12.
S ept, 13
F l o a t .............. bbli.
39L2IH
237,292
244,709
2 42,213
Wheat........... trash. «il,3 «l
Corn....................... ,503.717
Outs............ .......... l/Wl/i.-M
Barley....................
21,350
Bye.......................
12,393

973,01 4
530,784
942.137
401,301
731,945
363.33:8
1,327,051
1,653.374
1,917,01*
43,791
139,027
121.103
69,475
103,540
07,123
Total....... .
2.654.799
2.980,090 3,417,937
3,231,155
auk vxpwrta trom u » several seaooartt porta tor trie v

ending Sept. 9, 1893. are shown in the annered statement:
Mkports
fr o m —

Wbmi.

P ush.
|
WewYork 581, OBI!
1O2.07J;
B oston ...
Montreal
AV I 2
F&flMel
143.M-.'.
*,103.3-1*'.
K.Ori’n* 130,797!
Noffnik
It, Nows,

C om ,

| Flour,

B o th .

1*13,038'
111,35 4

211,882;
100,0001
1 5 1 ,4 3 9 !

135,740

I!)-,It

140.8*0

7*3,548
U»M2

Oats.
Bmh,
367,426

Bye.
Buib.

39,008

8,1.7 6

30,000

34,000

8’me time|

139? ..'2,473.733

.257

w it 's o f 8th AVI'. KK.,1914.100

By Messrs. Adrian U. Muller & Son ;
S h a r es.

s b u r e t,

I Am erican Brake * <*.......... 1 1
t tiler*.* Aktoa * Col. KI{. i,7

0 Pennrylviiiiiii U K.C o___101
2 Continental Nat B an k ..13*1
■*<>
Vvenun
lo o ruin! Avenue alt. C o___13si$

t in* i

l Old Dominion SB. Co__ 77

10 N. Y. Loan ,fe Irop't C o . . 4.5

1 siat** Trust

s. Y. . . . 2 1 2

fill. Co__ M2

B on d *.

7a
$2,000 City o f Mobile, Ala,,
13 B it of the State o f N. Y.113
4-. 100*1.................................. 52*6
25 1st Nat Bh'.of Stolen i.M .113
$2,000 citizen*’ Gas Co. of
6 Market & Eulton Yat.Bk.225
Bklyti. T>*. Cotis. M „ 19 10.. 7$
4 0 0 Stiver Lake Ice C o ..<81 per eb.
2 3 S o u t h 'n A A i l . T e t e g . 0 „ .

.I la u liin g a u d

Iflu a u c U l.

THE MERCANTILE NATIONAL BANK.
O F T U B C I T Y O F JCBYV Y O R K ,

Peas.
S tub.
8.315

IS©* 1 0 1 Broad w a y .

C a p it a l.

-

* 1 , 0 0 0 , 0 0 0 1S u r p l u s F u n d ,

-

* 1 ,0 0 0 ,0 0 0

W t L U A M I*. 8 T . .J O H N . P r e s id e n t . I P R H D H R I O K B . a C fl H N O li , C a s tile ?,
J A Y .C 6 V . L O T T , A m '.*W i lt C M h ie r ,

A C -C O tiN X S

30,915

S O U t lT liO .

2 0 .3 5 7

m ,o »
2 ,9 2 8 '

»'S******

..--a*

S

amuel

D,

D

avis

&

C o .,

BANKERS AND D E A L E R S IN INVESTMENT SECOKITIEE.

Portland.
T o t w M t 2, t i l , <544

f Ineliullttfc, f o r BeeiOn anft r n ii i .-

20,200 regularly dealt in at the Board,

......

3 fijv
23,031

t’„(ipt.minallthftr Irt'tA.

* « ■ - . . >i!.<
o -.lp h u , u*o .torn “ a ue t o o th e r tm uee."

819,«80i
3s3 7<>

315,172
379 519

137,336
197,363

32,170
25,950

39,290
121,tO t

NO. 44

W A L L

S T ., N O W

S amite*, D. D avis ,
Member N. Y. Stock Exchange.

Y O ttS ,

Chas . B, V an N o m iu s a

W xz

THE CHRONICLE.9
fla n k e r s *

% discount, selling par @ % premium; Charleston, buying
>4 premium, selling par; New Orleans, bank, $3 00 premium,
commercial, $ 2 00 premium ; Chicago, 70c. premium ; St,
Louis, 90c, premium.
Posted rates of leading bankers are as follows :

d a s e tte .

DIVIDENDS.
! P er ^ W hen
| C en t. j P a y a b le.

X a n te o f C o m p a n y .

K a ilr o a « i« t .
Chic. A-East 111., pvef. 'guar.).
Cldc. Mil. & St- Paul, com .........
do.
do.
p re f........
Cliic. R ock Island & Pa e (i

Oct.
2 ) Oct.
3*5 5
1
Oct.
1
Nov.
Oct.
1%
1% ■Oct.
2*s O ct/
m Oct.
Sept.
2%
8e.pt
5

i%

j

1

M anbattau (q u a r ) ...............
New C astleA B eaver V al. (guar.) i
:n . Y. N. H. A- Hartford (quar,).. i
Oregon Ry. & Nay. (quar.)........ 1
.'•Providence & W orcester (guar.) |
Southwest Pennsylvania............ I
M isceU a iteu ttes.
A m erican Bell Telephone (guar.)
3
Edison Elec,. 111. o fB ’klyn (guar.)

•'I?. Lorillaril, prel. (guar.)............
Philadelphia Company (guar.),..
Standard Gas Light, pref. (quar.)
IVestern Union Tel. (quar)..........
T r u s t C o m p a n ie s .
Franklin, Brooklyn (quar.).......

1H

Oct.
Oct.
OCt:.
Oct.
Oct.
Oct.

2

Oct.

1%

2

i%
1

B o o k s C lo sed .
( D a y s i n c lu s iv e .)

2 Sept. 15 to Oct.
20 Sept. 29 to Oct.
10 Sept. 28 to Oet.
I Sept. 29 to Oct.
2! Sept. 16 to Oct.
2 Sept. 23 to Oct.
2 sept. 17 to Oct.
21Sept. 17 to Oct.
30 ----------- t o -----30 -----------t o --------16;Oct.
1 6 1Sept.
2, Sept,
1 :Seiit.
2 Sept.
16 Sept.

1
23
21
20
26
21

to
to
to
to
to
to

S e p te m b e r 15.

2
20
10
31
2
2

I

Oct. 15
1
Oct.
Oct.
i
Oct.
Oct.
2
Oct, 15

2 jSept. 23 to Oct.

D iffe r e n t s fr o m
P rev . w eek.

$
$
Capital.................. 6 0 ,4 22,700
Surplus......... ........ 71 ,5 9 4 ,8 0 0
'Loans and dise’ts 39 6 ,9 6 9 ,2 0 0 D eo.3,200,100
Dixculation........... 1 1 .2 09.400 In e . 1 ,237,800
S e t deposits........ 3 7 3 ,7 87,700 Dec. 222,400
Specie.................... 69,260,900 I n c .2 ,400,400
& egal tenders___ 2 7 .1 52.400 I n c .2,0 7 7 ,9 0 0
Reserve lield....... 1 9 6 ,4 13,300 In e .4,4 7 8 ,3 0 0
.!Lsgal reseiye___ 9 3 ,4 46,925 Dec.
55,600
’Surplus reserve..

2 ,9 6 6 ,325'lne.-4,5 3 3 ,900|

1892.

Documentary enrumeroi ■!_____. _____

1891

S ep t. 10.

S ept. 12.

$
6 0 ,4 22,700
6 7 ,3 90,500
482,12 0 ,4 0 0
5 ,5 33,400
500,12 8 ,9 0 0
7 6 ,5 77,900
5 3 ,2 36,300
129,814,200
125,032,225

$
6 0 ,7 72,700
6 4 ,1 47,800
4 0 1 ,5 16,000
5 ,5 29,600
4 0 3 ,9 65,300
61 ,7 1 4 ,3 0 0
4 7 ,9 9 9 ,9 0 0
109,714,100
1 00,991,325

4 ,781,975

8 ,722,775

Foreign Exchange.—Sterling bills have been dull through­
o u t the week and prices of demand bills and cables are lower
on account of the reduction o f 1 per cent in the Bank of
England rate. It is also reported that the purchase of se­
curities here for foreign account has had some influence in
•supplying more exchange. ■ To-day actual rates of exchange
.are : Bankers’ sixty days sterling, 4 82J£@4 82%; demand,
4 84%@4 85 ; cables, 4 85%@4 86 .
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day; Savannah, buyin g

D em an d.

4‘ 8 1 % ® 4. .S. t. V

Paris bankers (francs).........................
Amsterdam (guilders) bankers................ ..

Frankfort or Bremen(reicbmarkB)b’nker.s

5 23% ® 5 22% 5 21% ®5 20%
30%®39% j 4 0 ’- i« ® 4 0 %

94%®94% | 3pe»95%

United States Bonds.—Quotations are as follows:
In te rest
P e r io d s

.reg.
-r e g .
is, eur’cy,’9 6 ___ reg.

1

The Money Market and Financial Situation.—The country
is ■watching the course o f debate in the U. S. Senate with
great tolerance but with much anxiety. The extraordinary
(revival of confidence and of actual business in all quarters
immediately after the vote in the House is simply being dis­
torted and traded on by the silver men as a cause for further
■delay—they try to make out that the crisis is past now and
there is no need for repeal.
It should not be expected that there will be a great boom in
securities in case the silver purchases are stopped. Many
stocks and bonds have already recovered a great part of their
previous decline, and it has been the experience in former
periods of financial trouble that a season of extreme dulness
follows the time of acute distress.
The most speedy and also lasting assistance towards
an improvement in all our good investment securities
ought to come from foreign purchasing. It is a mere
axiom that there is always an abundance of money
in England and on the Continent ready to go into safe
and profitable investment in any quarter of the globe. The
convulsions in South America and Australia and the silver
cloud in this country have recently thrown the European in­
vestors out of all these markets, and must have left them with
much money now on hand ready to be placed.in good securi­
ties. The change to a gold basis in the United States will be
•■something more than a temporary shifting of standards - i t
■will be a great, permanent and historic change, coming at the
and of fifteen years of dangerous silver inflation, and giving a
promise of stability in long investments in this country which
could never be felt before.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 8 to 7 per cent,
the average being 4 per cent. To-day rates on call were 8 to
4 per cent. Commercial paper is quoted at 8 to 12 p. c.
The Bank of England weekly statement on Thursday showed
an increase in bullion of £617,000, and the percentage of
reserve to liabilities was 52-50, against 51-37 last week: the
discount rate was reduced from 5 to 4 per cent, The Bank
of France shows a decrease of 6,975,000 francs in gold and
“3,550,000 francs in silver.
The detailed statement of the condition of the ClearingHouse banks has been discontinued for the present, and will
eiot again be issued so long as there are any loan certificates
■outstanding. The totals, however, are furnished as usual,
-and the figures for last Saturday (Sept. 9) as compared with
whose of the preceding Saturday show an increase in the re­
serve held of $4,478,300, there being a surplus over the
required reserve of $2,966,375, against a deficit of $1,567,525
the previous week :
1893

S ix ty D a y s .

Prime bankers’ sterling bills c a L ond on.. 4 83 ® 4 83% 4 85% ® 4 86%
Prime com m ercial...................................... . 4 8 l% ® 4 S l% !

i

W A L L STREET, F R ID A Y . SEPTEM BER 15, 1 8 9 3 -5 P. M .

S ep t. 9.

[VOL. L Y I I

6s, our’cy,’ 9 9 ....r e g .

li.

§

S ept.

* 99*2
*110%
m %
*102
*104
*106
*109
*ni

* 99%
*110%
*111%
*102
*104
*106
*109
*111

* 99*s
*110*2
* in %
*102
*104
*106
*109
*111

S ept.

* 99%
*110%
*m %
*102
*104
*106
*109
* iii

S ep t.

■»*§

451

13

* 98
*110
*111
*102
*104
*106
*109
*111

S ep t.

15.
* 98
110%
*111
*102
‘ 104
*106
*109
*111

*TM sis the price bid at the morning: b oard ; no sate w as made.

Government Purchases o f Silver.—'The following shows
the amount of silver purchased in September by the Govern­
ment.
Ounces
offered.
Previously reported............. 1 ,0 00,000
“
“

1 1 ................. ..........
1 3 ............................
1 5 ............................

236 .0 0 0
4 3 5 .0 0 0
190.000

Total............. ...................... 1 ,861,000

Ounces

Pricepaid,

513 .0 0 0 $ 0 -7350
4 0 ,0 0 0 $ 0 -7450
201 .0 0 0 $ 0 -7 5 40
4L 0,000;$0-74o0

®
®
a
®

l,1 6 4 ,0 0 0 '$ 0 -7 3 5 0 ® $ 0 -7540

Coins,—Following are current quotations xu gold for
coins:
Sovereigns............ $ 4 84 ® $ 4 83 ■Flnesilver b a r s .. — 7 4 % s — 75
Napoleons............. 3 85 ® 3 9 0 ■Five lla n o s ...,___ — 9 0 ® — 95
X X Reich m ark s. 4 70 ® 4 80 Mexican d ollars. — 5 3 % 4 — 60
25 Pesetas___ . . 4 75 ® 4 S3
Do nnoommero’ i --------a — —
Span. D oubloons.1 5 55 ® 1 5 75 Peruvian sols____ — 53 ® — —
M ax. D oubloons.1 5 55 ® I 5 75 English silver___ 4 80 ® 4 9 0
Fine gold b a r s ...
par @04 prem. U.S. trad e d ollars — 60 n — —

State and Railroad Bonds.—Sales of State bonds at the Board
have included §5,000 Ala. “ A ” bonds at 96; do. ,$15,000 cur.
fdg. 4s at 89; $2,000 Term, settlt. 3s at 70; $5,000 Ark. 7s.,
L. R. P. B. & N. O. 7s,-at 8 .
Railroad bonds have been fairly active, and one bond after
another has been creeping up in price until a large part of the
great decline, in the recent panic has been recovered. The
advance in bonds takes place in spite of the large
decrease at present in railroad earnings, as it is be­
lieved this decrease will be only temporary and the roads
will recover themselves when the silver question is
fairly out of the way and business is permitted to im ­
prove. The Northern Pacific consol. 5s and Chicago &
Northern Pacific 1st 5s have still been among the
most active bonds, with varying fluctuations, the first clos­
ing at 34, against 38 last week, and the latter at
48%, against 48. Erie 2d consolidated 6s remain steady
around 75, with the talk of reducing the obligatory interest to
4 per cent, the remaining 2 per cent to be paid if earned.
There has been quite a movement in the Richmond Terminal
bonds, the trust receipts for 5s closing at 24, but without any
positive information of new progress in' the reorganization
plan. Reading bonds have been less active, but with prices
fairly sustained. Atchison 1st 4s are steady around 74, and
most of the other popular Western railroad first mortgage 4s
and os are stronger than last week.
Railroad and Miscellaneous Stocks.—The stock market
was reasonably active and strong in the early part of the
week, but has recently been dull with easier prices. It
is plain that speculation is in a halting position, wait­
ing for the action of the Senate, and when that becomes
certain and repeal is assured, it is probable that prices of
securities will gradually become stronger. It is to be remem­
bered, however, that the business of the country has been
seriously injured and it will take some time to recover, and
it would not be at all surprising if there should be at first a
decided reaction in some of the leading speculative stocks
when repeal is actually carried, as the effect of such an im­
portant event is usually discounted in the market. St. Paul
has been a leading stock, having London dealings to help it,
but made no further advance when the usual dividends were
declared on Thursday—3% on the preferred and 2 on common.
Chicago Gas has been active, closing at 59%, against 62% last
week, and the 1 % per cent scrip dividend will be distributed
Oct. 2. The Richmond Terminal stocks have been stronger and
active with the bonds, apparently on the expectation of some
further progress in the resuscitation of the company. West­
ern Union Telegraph has declared its regular 1 % percent,
and shows a handsome estimated surplus for the quarter, but
much less than last year.
Reading has been purchased
moderately, selling above 20 and closing at 18%. hut there is
no definite movement in the company's affafis. .Sugar has
been active, selling up to 93% and closing at 87%, Lead
closes at 29% against 30% last week.
_ 3

THE CHRONICLE!

September 16, 1893.]

455

NEW YORK STOCK EXCHANGE— A C T I V E S T O C K S fo r week en d in g S E P T E M B E R 15, an d since JAM . 1, 1893.
H IG H E ST AN D LOW EST PRICES.
Saturday,

Sept. 9.

21% 22%

M onday,
Sept. 11.

20%
2
•2%
2%
'SO
T# j 66%
•75
76% *74
48
48 ' 47%
105 U 7 i 105%
17% IT's 17%
•130 138 •130
83%
85
50%
351s 55% 35%
92
93%
94
59
61% 62
116 116 115%
100 % 100 % 99%
136
•133 135
65% 66%
64%
»5 % 36% 21%
105 105
105
37% 30
38%

Tuesday.
Sept. 12.
20%
2%
60
7 tr,
4s %

Wednesday,
Sept. 13.

21%
20%
*2
2%
69
09%
76% ‘ 74%
4,4%
49
1 0 9 H 112% n o
17% 18
17%
135 135 •132
*4% 80
84%
56
56
95% 9 O h
06%
60% 02% 00%
116
118 110
99%
IOC 101
'135 137 *135
64% 66%
m \
01%
35
35% 30%
36%
100% 100** It 0** 107
37% 38%
37%
30

Thursday,
Sept. 14.

21
20%
3
*2
03%
69%
75% *75
48%
41%
110% 10 i
17
17%
1M137
sa%
84%
55%
86% xfMP*
61%
61
no
•115%
199% 100
138
VMS
65%
03
3-5% 35%
107 •1O0
38
37%

STOCKS.

Friday,
Sept. 15.
ii t lr e

R B . S tock *.

Sales
o f the
Week,
Shares.

Range of sales In 1893,

Lowest,

Highest,

44,942 12% July ;31 36% Jan, 16
20%
100
1% Ju ly :25
2%
5% Apr. 29
1.165 54% J og : 27 9 7 ’ sJ a n . 24
70%
10 m60 July
70
m
~ ' 2 7 90% Jan. 16
48
4.832 34% July 27 58% Jan. 16
4,025 84 July
no
132% Jan. 21
5,320 12% July
17%
26 Apr. 8
111 126 Aug.
n o Chisago <* A lt o n .....................
115% Feb. 1
49,185 69% July
84% Chicuura Burlington & Qtdnoj
lOS^s Jan. 21
500 51 Aug.
Chicago * Eastern Illinois...
72% Jan. 25
0o
pro!.
1,575 »5 Amr.
105 Jan. 23
60
141,167 46% July
01%
83% Jan. 23
714 100 July
•115% 116
pref.
120 Jan. 23
Do
12,072 84% July
99 ”8 100% ileagod
116% Feb. 1
95 128 Aug.
138 138
pref.
116 Jan. 20
64% 05%
89% Jan. 23
■setae. 20,519 31 % July
34% 35%
* O m . 10,770 24 July
58% Feb. 9
*106 107
745 01 Aug.
pref.
121 Feb. 5
Do
37
37%,
25
July
4,348
60%
Jan. 23
t. L ..
e. Clt
76 July
98% Jan. 30
Do
pref
20% 20%
30% 21% 20% 20%
19% 20%
20
20% 20%
A
To
!
4.010
11%
Aug.
32% Jan. 19
2o%
*03
*03% 89
*63
*03
00
•61 ..
73% Jan. 17
59% A iir.
Do
pref.
118% 119% 119 i t 97% 119 120% 118% 1*8% 126 ’ 120% 119% 119% Delaware & H a d son ...............
3,859 102% Jalt139 Jan. 2 7
1*0% 142
139% 141% 139% 142% 140% I t l
142 143
14-i% 141 Delaware Laohawanoa A West
6,941 127 July
150% Jan. 27
u
11
11
11
n
11% n %
It
11% l l % *10% 11% Denver A R1o G ran ite............
600
8% July18% Jan. 21
29% 30%
30
30% 30%
39% 30 7« 30% 31%
31
30% 30%
4,375 24 July
57% Jan. 2 3
Do
pref.
% East Tennessee 7 a. 4 0 » , ___
-%
%
%
%
1,100
5% Feb. 4
%
•%
%
%
% J uly
%
15
•5
13
'5
12
*6
*5
*0
35% Feb. 3
10 June
Do
le t pref
*%
3
2
n
4
•%
i%
•% 2
2 July
*%
11% Feb. 3
•% §
Do
2d pref.
90
90
S3
80
SO
S3
83
85
83% 85
'83
2,101 63 Sept.
so Evansville A Terre Haute___
152 Jan. 12
113
112 112
*112 115 •112 115 *113 n s
114 •113 n o
142% Feb. 7
602 100 July
9t
94
95%
93
34% *93
94
04
9-4
93
93%
962 86 July
93 Illinois Central.
104 Jan. 25
T>»
7\
•4%
7%
8
8
8
•7%
•7%
6*0
5 July
8% Iow a General..,,
11 J an. 25
9%
8%
23
•20 % 22%
22
22
22
*21
22
21
22
21
21
445 12 July
37 Jan, 16
pref
Do
18
17% 1H
17
17
17%
18
17
•16% 17% *16% 17%
810 12% July25% Jan. 1 4
i Erie A Wes
69% 69%
69% 70
69
09% •08% 70
70
70
•08% 70
82 Jan. 18
728 53 July
Do
pref.
123 123% 123 123
122 123% 122 122
122% 122% 122 122
134% Apr. 8
3,347 104 Julya them.
•93% 96% •83
97
'93
•93% 90
97
♦93
95
95
96
20 90 July
118% Jan. 21
56% 37%
55% 58%
53% 5«%
58%
35
34% 55
51% 55%
18,908 47% July
77% Jan. 21
15% 15%
15% 15% *15
10
•15
10
*15
ns
10 Loolsv. New A lb. A C hicago,,
27 Jan. 14
16
200
8% July
6
6
7
7
7
8%
8
*7
BOO 4 Aug.
27% Jan. 16
•«%
6%
9
7% Looisvlile 8 t Lout* A T e x a s.
125 128% 126 134% 123 133
128 131% 132 134 xl30% 132%
174% Jan. 13
8,109 100 July
" i Manhattan E levated,cousoi
91
91
92
92%
m
*68
92
92
91
01 Mtehlgan Central....... ...........
93
290 79% Aug.
108% Apr. 8
93
11% 11%
12
12
12
12
• n % 13
•11
•11% 13
13 Minneapolis A St. L „ tr. rente
6 Aug. 3 li 19% Jan. U
555
30% 30%
30
3>%
33
33
*29% 33
630 18 July
33
33
1149 Jan. 16
Do
p ref., tr. reel*
12% 12%
11% 11% •11% 12%
n % 11%
310
12% 12% * h % 12
16 Jan. 25
8 July
ottrl Kansas A T e x a s ___
21
21% 20
20%
19% 19%
28% Jan. 10
1>»% 20%
2,300 13% July
19% 19 H in
19
Do
pref.
26% 27%
25% 27%
26% 28
26% •it
25% 26% Missouri Paeirte...................... . 16.075 16% July — 60 Jan. 21
20% 26%
•13% 1 l
*13% 14
Il
14
*13
10
*13
*13
id
IS Mobile A O h io ....................... .
300
0% July 26 35% J an. 5
•02
7u
•60
70
*«2
70
70
*60
70
61
61 Nash v . ChattanooKaASUsmle
*01
100 55 Aug.
90 Apr. 18
103% 103% 102% 103
102% 103
102% 102% 102% 103% 102% 103 New York Central A Hudson,
111% Jan. 25
1,477 92 July
•13
15
13
13% 13%
14%
13% 13%
•t3
9%
July13%
700
20
Jan.
13%
13%
•36
*56
58
59
no
58
59% 50% •so
40 45 J aly­ 26 78 Jan. 23
88% 58
Do
•24% 23% *2 4
2.i% •23% 25%
24% 2 4% *24
25%
100
41
Apr. 5
25% •24
20
l
s
July
Do
W :
15% 16%
15
15%
15
15%
15% 16%
15% 10
15% 15%
8.903
7% July 2 b 20% J an. 25
t A West’ s
•30% 33
*30
32
31% 31%
31% 32
3-4
34 i
20
58
Jan.
24
two
15
July
Do
pref.
25
25%
25
25% 25%
20%
24% 25%
25% 26
24% 25%:
52% Jan. 17
16,997
July
. . . . . . y 16%
jjj
195 195
•195 200
195 195 M05 2iiO *195 205 tl9 7 % 2 0 0 1
262% Jan. 18
320
•7
9
*7
9
*7
9
*7
9
8
9
1I 4
o hi.
38 Jan. 24
8 AOg.
1,550
15% 16’ .
15% 15%
15
15% 18%
19% Jan. 2 0
18%
13% 15%
18
13 New York Ontario A Western
0,908 11 July
14% 14%
1 i% 14%
1 »% 15
11% 14%
14% 14% New York Susquehan. A West.
21% Jan. 23
8 July
2,777
14% 14%
45% 43%
45% 45%
40
46% •45% 4 0 s
46%
40
*43%
873% Jan. 2 3
46
1,100 31 Aug.
Do
new pref.
...... ......
9% Jan. 10
5% July
. . . . . . . . . . . . . . . . . . Norfolk A W e s t e r n ............
"24% 23% .*....... *24** *23% *53% ******
39% Jan. 23
16% July
Do
pref.
8%
8%
9%
9%
8%
9%
7%
7%
18% Feb. 14
7%
7% Northern Paolflo......................
3% Aug.
7%
25%
25
23% 25%
24% 25%
21% 25%
24% 24%
24% 25%
50% Feb. 6
15% Aug.
Do
pref.
•14
18
17% 19
*18
*10
10
18% •10
IS
no
13 ------ A M ississippi...............
25 Fob, 1
11 July
•27
41
*25
40
45
•25
4,5
•
m
50 Ohio Southern.......................... .
•28
45
49 Jan. 25
25 ”
•40
42
42
U
44
40
44
43
44 Oregon K'y A Navigation Co.
84% Jan. 23
32
45% 45% •43
*S% 11
10
’ 3% 11
10
*8% 11
•8% 10% Oregon Sh. Line A i f tan North
25 Jan. 16
7
•9% 10%
*8
9
0%
»**
9
•4%
9
9
18% Jan. 21
4
*8%
9
9 h P eon s D eca-ur A Evansville
*$*•
19% 21%
19% 20%
19% 20%
19% 29%
53% Jan. 25
12
1 9 h 20%
10% 19%, Philadelphia A Reading_____
15% 15%
15
16
15
15
*15
10
10% 16% *15% 10 Pittsburg Ctnn. Chlo. A St. L.
21% Jan. 24
51
51
*49
50
51
51
50
50
50
53
50
62 Jan, 2 4
Do
pref.
2%
18 %
2%
ra%
:2% 3
13
3%
4%
12 Feb. 3
13%
;»%
3%
Rich.
A
W.
P.
T
e
rt,
tr.
roots.
14% 14%
15
18%,
10
10%
17
17
1 7 * 18%
17
18
l|43 Feb. e
Do
pref.. tr. recta
10
15
10
15
2 2 Jan. 2 5
Rio Grande W e s te r n .....___
62% Jan. 28
Do
pref
*6
5%
8%
5%
*5
6
5%
4%
7% Jan. 18
4%
5%
5%
9%
•9%
9Vi
9%
9%
0%
15 Jan, 18
9%
y**
»%
8%
»%
0%
Do
pref.
•24% 27
*24^ 27
27% 27% *25
28
27 St. Paul i i Dalnth....................
*27
29
27
47% Jan. 18
98
98
*9.5 100
-05
100
•95 100
•95 100
100 100
108 Jan. 30
106 106
112 112 •10S n o
•107 109 '103 109 n o s
108 St. Paul Minn. A Manitoba**!'
110% Feb. 14
20% 20%
20% 2b % 2 0 * 2b % •19% 20% 20
17% 18%’
35% Jan. 10
20
7
7
7%
7*9
7%
7%
7%
7%
7%
7%
7%
7%
11 Jan. 19
8
8
8
9
9% 10%
H%
•11% 10
9%
9%
10% Jan. 31
9%
*27
32
27
27
32
32
32
32
3 2 iToledo A Ohio Central........
*23
30
•25
50 Jan. 17
•67
75
67
67
•65
75
70
*65
•07
•65
7t ]
71
85 Jan. 7
Do
pref.
24% 21%
23% 24
23% 24%
22% 2 3 H
21% 23% 21% 22%
42% Jan. 27
•8%
8%
.»%
8%
8%
7%
7
7%
7
7%
18% Jan. 18
H%
s
3
8
8%
8%
*?*»
8%
7%
7%
12% Fob. »
B
8
16% 17
16% 17
10% 10-V
10% 10%
10
16%
26% Feb. 7
10%
16%
Do
pref.
135, U %
1 <% 13%
13% 14%
*13% 14% Wheeling A Lake Erie.............
23% Jan. 17
14
u
13% 13%
44% 44%
4 5 ^ 48
48
48
46
•4 2
40% _
*42% 43 s
67% Jan, 17
D°
pref.
7%
/%
*7
8
8
8
7%
7%
•7
8 Wlsoonsin Central Oo.............
15%
------Jan,,23
8%
8%
t l i s c e l l a u c o i i a N to c k a .
34% 3 S \ ? * % 36
31% 35%
34% 34%
33% 31%
34% 35%
51% Mar. 3
70
71%
72
71
72
7o
7u
70% 70%
69% 70
84 Fob. 14
Do
pref
IP ,
91%
81% 93%
» » % 93%
68% 91%
88% 90’ s 87% 89 Am. Sugar R e f.C o ..... ............ 197,985 61% July
134% Feb. 0
89% u
, 87
89
90
m
1 8 8 % 88%
80%
87
89
104% Jan, 10
3,030
60%
July
Do
pref.
77
77
77
76%
79
79%
79
79%
79
79% American T obacco C o ............
78
70
121 Jan. 3
3.985 43 July
91
at
91
SS
m
95
91
01
110% Jan. »
15* 75 July
91% *90
Do
pref.
02% 64%
61
63%
59% 63
59% 61%
60% « ’ % 59% 60%i Chicago Gaa CO., crust reo'te.
94% Jan. 21.
8,039 39 July
*9 10
*3
*9
10
10
9%
•9
9%
111 Colorado Coal A Iron D evel..
25% Feb. 7
10
*9
100
8% Aug.
26% 26%
26
27%
20
27%
25% 20%
24% 24%i Xnorado Fuel A D on ..........
25% 20%
72 Feb. 14
2,491 17% Aug
138 128
1529** 131** 131 131
I3lb
130 130
131
130
Si
130S
144
Jan. 2 0
I
108
JulyOpnsoMated
Gas
Co.
21% 22%; 21% 2 17# 21% 23
21% 21%
21% 21 % *31% 21%
12 July60% Jan. 3
45% 4 7% 45
44%
45% 47%
45
47
47%
40% 49%
45%
30
July
114%
Jan. 10
;2o% 38% ‘.27% 30% 127
29% : r t H 29
27%;
!|147 Feb. 10
29
120
17 Aug.
*.2«
:62
64
m
138
70 !
65S
;<;o
•*60
00
122
Aug.
118%
Jan.
20
pref
31
3 1%
3o% 32%
31% 32%
31 % 32%
30% 3 2
28% 30 V
52% Jan. 21
18% July72% 73%
73
72%
72% 74%
72% 72 \
7*
96 Jan, 20
74
70% 72*d
48 July
Do
pref.
#<% 5 %
5%
5%
6
5%
o 1North Anienean Co.
5%
5%
11% Mar, 20
0
5%
5%
2% AUg.
*12
13
*12
13
*12
11
13
1L
21% Fob. 3
* n % 13
8 Aug.
1 0 s lo% ;
4% 17
10 :
14% 10%
27% Jan. 2
15
16
16
15
1
5
*
8%
July
•03%
@4% 65
64% 0 1%
04
64 Pipe Line Oertlflcates.
70% Apr. 8
•61
52% Jan.
168 109
168** 170
171
173
206 Apr. 12
172 172
432 Aug.
173% 1 7 3 ‘w 171 172%
75** 75% •75
70
84% Jan. 14
*74
75%
25,000 62 June
15% 1 5 V 15
16%
16
37% Jan. 14
10%
16
10% Aug
16% 16
10%
15*4 10%
00
102 Jan. 31
59 July
Do
pref.
35
35
35
60% Apr. 18
3-5
m
*32
17 Aug.
•31
35
*32
37
43% 84
*2% 84%
l o l Jan. I Q
82% ■m h
«,7% July
«2*o 8 3 %i
81%
•re 1
rco-grapn___
«3
* These are bid and asked; no tale w a i t .
* Ex dlv.
i Old certs.
1 First instalment paid.
5 2d Instalment paid.
21 *
3
68%
75%
49
109
17%
138
so
56
95
63
115%
101%
136

21%
24.
70%
70
40%
110%
17%
138
83%
55%
94**
61%
11*
10 0 %
138
05%
33%
107
38

20%
•2
70%
'74%
48
no
10%
•130
635®

THE CH110NICLE,

456

[VOL. L V I I,

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.

Active Stocks.
f Indicates unlisted.

rw Share Price* —not Per Centum Price*.
Monday,
Bept. 11.

Saturday,
Sept. 9.

21*8 2 2 %
A tell. T. & 8. Fe (Bos ton).100
*230 . . . .
Atlantic & Pao.
“
100
71
Baltimore & Ohio (Balt.). 100 *68
..........125
1st preferred
“
100
......... I l l
2d preferred
“
100
19^4 19%
Baltim ore Trae’ n.(P hil.). 25
Boston & Albany {Boston) .100 201
Boston & Lowell
“
100
Boston & Maine
**
100 150*4 15 L
*14 ........
Central of Mass.
**
100
Preferred
“
100
85*4 86%
Chic. Bur.& Quin.
“
100
6 1 % 61%
Chic. Mil. & 8t. P. (P h il.).100
Chic. & W . Mich. (Boston) .100
3
Cleve. & Canton
“
100
7
“
100
Preferred___
80*8 80*8
Fitclibnrgpref.
“
100
*34i«
Hunt. & Br. Top.(P h ila ). 50
Preferred
“
50 *4 8 1 4 .........
32
3230
Lehigh Valley
“
50
Maine Central (Boston). 100 114 115%
96% 98
Metropolitan T racJ J7ii0.100
*8
8%
Mexican Cent’i(.Boston) . 100
25% 25%
N . Y . *fc N. Eng.
“
100
63
63
Preferred___
“
100
70
Northern Central (Balt.). 50 *68
8%
9%
Northern Pacific (P h ila.).100
2538 26
Preferred
“
100
180
Old C o lo n y .... (Boston). 100
51
51%
Pennsylvania.. (Phila.). 50
26
26
Philadel. & E rie.
“
50
10 1 0 1 l„
Phila. & Beading
“
50
86
86
Philadelphia Trac. “
50
Summit Branch (Boston). 50
24
24
Union Pacific
**
100
II nited Cos. of N. J. (Phila.) 100 •216
*5
WesternN. Y.&P&( Phila.). 100

91i«ceilaneous Slock*,

20% 21%
*23s
68
69%
........125
...
Ill
19 % 19%
x l 9 9 189%
......... 179
151 155
* 1 4 % ..........
50
50
84
86
60
63
5%
35
48 %
31 %

3
7
82
35%
49
32

Bid.

203g

2%

21%}

2%

Wednesday,
Sept. 13.

Thursday,
Sept. 14.

20% 21

20% 21

84%
60%

84%
61

*23s
3
*2%
2%
69% 69% *69
..........
f......... 125
125 125
■..........I l l
18% 18%
18% 19
19% 193s
201 201
200 2 0 0 % 201 201
i7 5 % 179
177% 177%
r......... 179
155 159
157 159
158 158%
*15
.......... -1 5
........
15
15
*68
120

*84!%
60 %
.........
4%
81
35%
49%
30

69%
125

86%
62%

85%
61%

85%
61%

3
r..........
3
6
4%
5
4
4%
81
80
80
r.......... 80%
35%
35 % 36
36
36
49 % 50
50
5 0 % 50%
32%
30
31%
31
31%
1 1 4 115
115 115
102
97 % 98%
95
96%

9 6 % 100% 100
8
8%
8
8% 8
8%
8
8%
24% 26
25 % 26%
25 % 25%
25
25%
*60
64
64
63
65
*60
65
60
67% 67%
68 68
68
68
9%
8
8%
7%
8%
9%
7%
7%
253s 253s
25
2 4 % 25
25%
2 4 % 25
r175
,
176 176
177 177
176
176
51%
51
50 % 51
51
51%
5 0 % 50%
26
r.......... 26
......... 27
9»i6 10% 9i% e 10% e 9 n ,6 Ultje
91316 103s
8 9 % 92
86% 86%
87
88%
86% 88
*5% ,
* 6 % .........
w5% . . .
-5 %
2 3 % 24%
21 % 233s
23% 24%
223s 23%
220 220
4%
4%
4%
4%
4%
4%
” * i% '

90
93%
9 1 % 93
Am . S ag'rRehn.TI (Boston)___
89% 90%
Preferred..........
“
8 9 % SO
190
188
B ell Telephone..
*•
100 1 8 8 % ISO
21 2 2 %
21 21
Bost. & Montana
“
25
7
7%
7%
7%
B u tte d Boston..
“
25
270
270
Calumet &H ecla
“
25 265 265
Canton Co........... (B alt.). 100 *55 ..........
57
58
58
Consolidated Gas
“
100 *57
42
42%
Erie Temphone (Boston). 100 * 4 l% 42
47%
46
46
48
General Electric.. “
100
*65
80
Preferred............ “
100
17
........ .
Larason Store Ser. “
50 *17
........ 51
Lchi’hOoal&Nav 'P h il.) 50
50 % 50%
52
52
52
52
js .Eng. Telephone (BosLyn)10Q
5%
6
o’ orth Am erican. (P hil.). 100
5%
5%
1 3 % 13%
1 3 % 13%
West End L an d .. (BosVn)___
* Bid and asked prices; no sale was made.

Inactive Stocks.

Tuesday,
Sept. 12.

Ask.

1188% 93%
88 % 91
8 9 % 90
xS7
89
188
188
188 188

22

22%

7%
7%
271 271
58
58
4 1 % 42
4 5 % 47 %
*70 ..........
*17
........
5 0 % 50%
5%
13 %

6
14

22

8
270

22% 22

8
280

58%
41%
45%
70
17%
50

58%
41%
46%
71
17%
50

5%
13%

6
13%

Inactive stocks.

88 % 91
87
87%
187% 188

8%

270

22%
8%

275

5 8 % 58%
4 1 34 42
4 5 % 47%
70
70
*18
19%
4 9 % 49%

6
13%

Bid.

6
14

Ask.

Friday,
Sept. 15.

8ales
of the
Week,
Shares.

Range of sales in 1893.
Lowest.

Highest.

20 % 20 % 41,300

12% July
3 6 % Jan. 16
2% 2%
135 l i o ,6 Aug. xx
4% Jan. 14
*69% 72
5 5 6 % July 31 97 % Jan. 27
125 130
16 125 Sept. 13 135 Feb. 13
110 115
110 Aug.
122 Jan. 18
18
18%
4,728 1 6 % Aug.
2914 Jan. 24
201 % 202
160 195 July
227 Feb. 6
10 170 May
200 Feb. 6
1 5 7 % 157%
195 130 Aug.
178 Jan. 2 6
15
15
150 10% July
22k, Feb. 14
20 46 J an.
62^3 Feb. 14
83 % 84% 19,252 69% July
103% Jan. 21
6 0 % 61%
8,250 4 6 % July
83 % Jan. 23
2 6 % July
49 *3 Feb. 3
1
1
25
1 Sept
6 Feb. 3
4
3
2,101
3 Sept.
19 % Feb. 3
80
80
43 69 July
95 Feb. 6
*35
35%
605 29 July
40 % Jan. 12
*19
50
340 46 Aug.
56 Jan. 9
3 1 % 31%
8,338 29 % Aug.
62 Jan. 27
114 115
1 112 Aug.
130 Feb. 6
9 2 % 94%
7,445 69
Aug.
150% Jan. 28
8
8%
5 June
715
13 Jan. 16
2 4 % 25%
6,781 17 July
52 Jan. 17
*60
63
142 44 July
102 Jan. 13
*67% 63
222 €6% July
70% Jan. 23
530
7% 21,051
3% Aug.
18% E’eb. 6
*243s 24%
3,109 15% Aug.
50 % Feb. 6
x l7 4 % 1 7 4 %
24 165 Aug.
221 Feb. 6
8,620 4 6 34 July
50 % 50%
55 % Jan. 27
100 23 Aug.
35 Jan. 16
93s 9% 32,577 6 % e July
26 % Jan. 2
81% 86
3 ,580 58 Aug.
142% Feb. 8
100 5 July
5%
5%
9% Apr. 12
21*a 22% 14,482 1 5 % July
4 2 % Jan. 27
220 ......
50 216
Aug.
232% Mar 13
*4%
4%
250 3% July
7 % Jan. 24
87% 89%
86
87
188 190

22

22%

8%
8%
275 275
*55
63
57 % 57%
4 6 % 49
"7 2
78
* 1 7 % .........
49 % 49%
52
52
6
6
*13% 14

40,982 62
1,128 66%
166 166
3.791 15
3,085
5
26 247
65
592 50
207 3 6 %
10,634 33
70 4 i
10 12%
71 46%
55 4 7 %
2%
1,188
9%
547

Bonds.

July
July
July
July
Julv
J uly
May
July
Aug.
July
Aug.
July
Aug.
Aug.
Aug.
July

134% Feb. 6
104% Jan. 19
212 Jan. 2 7
3 4 % Jan. 16
12 Jan. 17
320 Jan. 21
72% Jan. 18
65 Apr. 10
50% Jan. 16
114% Jan. 16
119 Jan. 18
26% Feb. 20
54% Feb. 2
61% Jan. 20
11% Jan. 23
18 Jan. 4

Bid. Ask.

Westing. Electric___ (Boston). 50
22
23
Prices of September 15.
Perkiomen, 1st ser., 5 s .1 9 18, Q—J 100
85
Pnila.& Erie gen. M. 5g.,1 9 2 0 , A&O
A tlanta & Chanotte (Balt.).100
115
B o n d s — B o s to n .
At.Top. &S.F. 100-yr. 4 g.,1 989, J&J
Gen. m ort., 4 g ........... 1920, A&O
B jston & Providence (Boston). 100 242
99
100
25’
40
20
2d 2% -4s, g., Class A . . 1989, A&O
Phila & Read, new 4 g., 1958, J&J
G >mden & Atantio pf. (Phila.). 50
Burl. & Mo. River Exem pt 6s, J&J
33% 34%
“
50
C*taw issa.........................
1st pref. income, 5 g, 1958, Feb 1
50
21% 2 2 %
Non-exempt 6 s.............1918, J&J
1st preferred..........
“
50
2d pref. income, 5 g, 1958, Feb. 1
17% 17%
Plain 4 s ...........................1910, J&J
3d preferred...........
“
50
3d pref. income, 5 g , 1958, Feb. 1
50% 53
101
Chic. Burl. & Nor. 1st 5,1926, A&O
1 0 6 % 109
Central Ohio...............
(Balt.). 50
2d, 7 s............................ 1893, A&O
100
2d mort. 6 s................... 1918, J&D
O lari. Col. & Augusta
“
100
Consol, mort. 7 s ..........1911, J&D
125
99%
Debenture 6s................1896, J&D
Connecticut & P ass. (Boston).100
Consol, mort. 6 g ..........1 9 1 1 ,J&D
C innectiout R iv e r ...
“
100
220 Chic. Burl.& Quincy 4 s . .1922, F&A
Im provementM . 6 g ., 1897, A&O 10 i
Delaware&Bound Br.(Phila.). 100
Iowa Division 4 s ........1919, A&O
88
Con. M .,5 g.,stam ped,1 9 2 2 ,M&N
90
82
85
Phil. Read. & N. E. 4 s .............. 1942
Chic.&W.Mich. gen. 5s, 1921, J&D
Flint & Pere M a r q ... (Boston). 100
92
94%
45
55
Prefeired.......................
Consol, of Vermont, 5s. 1913, J&J
Incomes, series a . ....................1952
“ 100
80
Current River, 1st, 5 s ..192 7 , A&O
Har.Ports.M t.Joy&L. (Phila.). 50
Incomes, series B ....................1952
Det. Lans.& N or’n M .78.1 9 0 7 , J&J
Phil. Wilm. & Balt., 4 s . 1917, A&O
K an. C*y F t.S .& M em . (Bosto?tj.100
Eastern 1st mort 6 g ...l 9 0 6 , M&S
Preferred.......................
“
100
Pitts. C. & St. L ., 7 s . . . . 1900, F&A
lllifl
115
I ree.Elk. &M. V .,lst, 6S.1933, A&O
K City Mem. & Birin.
“
100
Po’keepsie Bridge, 6 g. 1936, F&A
62
Unstamped 1st, 6 s ___ 1933, A&O
Little Schuylkill........ (Phila.). 50
Schuyl.R .E.8ide,lst 5 g.1935, J&D
106
Manchester & L a w .. (Boston). 100
K.C. C.& Spring.,1st,5 g .,1925,A&O
Steuben.& Ind.,lstm .,5s. 1914, J&J
104%
Maryland Central___
(Balt.) 50
K O. F .S .& M . con. 6s, 1928, M&N
88 United N. J ., 6 g ............ 1894, A&O
1 5% K.C. Mem. & B ir.,1st,5s,1927, M&S
65
Mine H ill & S. Haven (Phila.). 50
Warren & Frank., 1st,7 s ,1896,F&A 102
K.
C. St. Jo. & C. B ., 7 s ..1 9 0 7 , J&J
to
Nesquehoning Val___
“
00
N >rthernN. H ...............(Boston). 100
L. Rock & Ft. S., 1st, 7 s .. 1905, J&J
. B o n d s .— B a ltim o r e .
73*
North Pennsylvania. (Phila.). 50
Atlanta & Chari., 1st 7s, 1907, J&J 112
8 0 ” Louis. ,E v .& S t.L .,l8 t,6 g.l9 2 6 , A&O
115
Oregon Short L in6...fB oston//.10u
Income 6 s ....................1900, A&O
9
10
2m ., 5—6 g ......... .........1936, A&O
90 100
m Pennsylvania & N. W . (Phiia.) 50
Mar. H . & Out., 6s........1925, A&O
Baltimore Belt, 1st, 5 s. 199 J, M&N
9 Rutland...........................(Boston). 100
....
Extern 6 s ..................... 1923, J&D
Baltimore & Ohio 4 g ., 1935, A&O
100
......... Mexican Central, 4 g . . . 1 9 11, J&J
50
Preferred.............................
100
Pitts. & Conn., 5 g . ..l 9 2 5 , F&A
12 -s Staten Island, 2d, 5 g .1 9 2 6 , J&J
10
S-aboard & Roanoke. (Balt.) 100
1st consol.incomes, 2 g, non-eum.
1st preferred........... ,
“
100
2d consol, incomes, 3s, non-cum. ) 7
8% Bal.&Ohio S. W .,ls t,4 % g .l9 9 0 , J&J 1 0 3
105
57
W est E n d ........................ (Boston). 50
57% N. Y . & N .Eng,, 1st, 7s, 1905, J&J >112 ____ C apeF.& Yad.,Ser.A.,6g.l9 L6, J&D
90
77% 78
Preferred.......................
“
50
1st mort. 6 s .................. 1905, J&J fl05% [106%
Series B ., 6 g .................1916, J&D
85
W est Jersey................... (Phila,). 50
55
2d mort. 6 s ..................1902, F&A f 96
100 I Series C., 6 g .................1 9 16, J&D
85
W est Jersey & Atlan.
“
50
Cent. Ohio, 4 % g ............. 1930, M&S 95
100
Ogden. & L .C .,C on .6 s...1 9 2 0 ,A&O
Western M aryland..
(Balt.). 50
Chari. Col.&Aug. 1st 7 8 .1 8 9 5 , J&J
99% 100
Inc. 6 s ......................................... 1920
86% 87 %
W ilm . Col. & Augusta
“
100
Ga. Car. & N or. 1st 5 g . .l 9 2 9 , J&J
Rutland, 1st, 6s............. 1902, M&N >106
Wilmingt’n & Weldon
“
100
North. Cent. 6 s ............... 1900, J&J
110
109
2d, 5 s..............................1898 ,F&A
6s....................................... 1 9 0 4 , J&J 112 113
Wisconsin C en tral... (Boston). 100
.
B o n d s .— P h ila d e lp h ia
Preferred.......................
“ 100
Series A , 5 s..........- ____1926, J&J 107
105
Allegheny V al.,7 3-10s, 1896, J&J 104
108
W orc’st.Nash.&Roch.
“
100
4 % s ................................. 1925, A&O 106% 108
100
Atlantic City 1st 5s, g., 1919, M&N
MISCELLANEOUS.
Pied m .& C uin.,lst, 5 g. 1911, F&A
100
Belvidere Del., 1st, 6 s .. 1 9 02, J&D 109
A llou ez M ining......... (Boston). 25
112 Pitts. & Connells. 1st 7 s. 1 8 98, J&J L09 109%
>45
Catawissa, M ., 7 s ..........1900, F&A
Atlantic Mining..........
“
25
Virginia M id., 1st 6 s .. . 1906, M&S 105
110
9%
Clearfield & Jeff., 1st, 6s. 1927, J&J i i i ‘
City Passenger R R ... (Balt.). 25
2d Series, 6 s...................1911 M&S 105
110
Connecting, 6 s ......... 1 9 0 0 -04 , M&S
3d Series, 6 s .................1916, M&S 100
B ay State Gas......... (Boston). 50
9%
103
Del. & B ’d Br’k, 1st, 7 s .1 9 0 5 ,F&A 120
Boston Land
4th Series, 3-4-5s....... 1921, M&S
10
3%
Easton & Ain. lstM .,5 s .l9 2 0 ,M & N 100% 105
93
Centennial M in in g...
5th
Series,
5
s
...............
1926,
M&S
95
10
3%
114%
Elmir. & W ilm ., 1st, 6s. 1910, J&J.
F ort Wayne Electric!)
W est Va. G .& P . 1st, 6 g . 1911, J&J 100 104
5
25
Hunt. & £ r ;d T o p ,C o n .5s.79 5 ,A & 0 100
Franklin Mining........
W
eft’LN
.C
.
Consol.
6
g
.1
9
1
4
,
J&J
1 1 % 12
80
85
25
105%
Lehigh Nav. 4 % s ............1914, Q
Wilm. Col. & A ug., 6 s .. 1910, J&D
Frenclim’n’sB a y L ’nd
3%
5
2d 6s, gold.....................1897, J&D 107
Huron Mining.............
MISCELLANEOUS.
101
25
General mort. 4% s, g .l9 2 4 ,Q —F
Illinois S t e e l .............
Baltimore—City H all 6 s . 1900, Q—J
100
Lehigh Valley, 1st 6 s .. .1898, J&D 105
F unding6s............ .. ..1 9 0 0 , Q—J
Kearearge Mining___
7%
25
2d 7 s ................................ 1910, M&S 125
W est MaryI’d RR. 6 s .. 1902, J&J
Morris Canal guar. 4 . (Phila.) .100
117%
Consol. 6 .........................1923, J&D 117
Water 5 s ...................................1916, M&N
Preferred guar. 1 0 .
“
100
117%
. 180
117
North Penn. 1st, 7 s.....1 8 9 6 , M&N 105
Funding 5 s ............................... 1916, M&N
Osceola Mining........... (Boston). 25
27% 28
Gen. M. 7 s ...............
1 9 03, J&J
Exchange
3 % s ....................„.1 9 3 0 , J&J
Poilm an Palace C a r..
“
100 170
172
Pennsylvania gen. 6s, r ..l9 1 0 , Var 126
98% 99
Virginia (State) 3s, n e w .1932, J&J
Q iin oy Mining............
**
25 105
65
66
Consol. 6s, 0
1905, Ve.r 115
Tamarack Mining___
“
25 142
Chesapeake Gas, 6 s . . . . . 1 9 00, J&D
148
Consol. 5s, r ............................. 1919, Var
Consol. Gas, 6
s
. 1910, J&D 1 0 9 % 110%
Thom.Enrop.E.W‘eld1i
“
100
Collat, Tr. 4% g ........... 1913, J&D
5 s .......................................1 9 39, J&J
100
98
United Gas Impt.
(Phil.)...........
56
56 % Pa. & N. Y . C a n a l,7 s ... 1 9 06,J&D
P «n U .(lh lo
<*. e I 103
no
W ater Power................(Boston). 100
1%
1% Pa. & N. Y . Ca.. con. 5s. 193ft. a * 0
98

U Unlisted.

§ And accrued interest. ^ 1 Last.price this week.

THE CHRONICLE.

SEPTEMBEKlO, 1898. J

457

NEW YORK STOCK EXCHANGE FRICES (Continued. ) - A C T I V E BO N D S S E P T . 15, A N D F O R Y E A R 1 8 9 3 .
I
I Dios'ng Mange (sales) in 1893.
SAILB0AD AND 3IJ9CBL. BONDS. In ter U iY ire

iPerwd. S e p llo

Louwt,

R in .m i n AND ItlSCEb. BONDS.

Olos’ ng Range (sales) in 1893.
Price
lo w e s t.

I Highest.

H ighest.

103% July 108 % Jan,
P ac.oIM o.—Sd 95tea.5s.1933 J A J
101 Alii?. l m Jam
AKi.-r. Cowon OH, deb., S <Ai< 0 0 o —F 109
103 Sept. 115% Apr
Mobile A Ohio—S ew , 6 g ..!9 S 7 J A D 108
83% Feb.
63 % July
A L 'i'op .& 0 .F .-lo O -y c..ig . 1989 J M J 74%
44 July
63 Jan.
General mortgage, 4 s ...1938 M & 8 51%
57% Jan.
29 July
A
-a
\
-i.-a
Saab. Ch. A S t X ~ l s t , 7s. 1913 J A J 121% 117 Aug. 130 Jan.
67 Jan.
50 Huy
100-yearincom e,9 * .......1989 Sept. . . . . . .
101%
May 105 Feb.
A
A
O
I Oon., 5 g ........................... 1928.
50 Aug.
Jan.
A il, A Pae.—Guar, 4 K— .1937 ............ j v i
Aug. 103 Mar.
N. Y. Cent.—B ebt E xt., te.1 9 0 5 Jf A N
1 0 0 b 97
5 May
11 % Jan.
W .D .tn c.,6 * ....................lu lO J ,v J
7%a.
AJ
120b.116 July 124 Feb.
Brookl’ n Eievat’ d ie '.,6 .g .l9 2 4 A A O 109%b. 100 A uk. 120% Mar. . 1st, oonpon, 7s..................1903 J
99. July 107is Feb. ; D eb«n .,5 s.eou p ., 1 8 84.. 1904 M A 8 102%b. 101 Aug. 108% Jan.
Can.SoaU3u—1 st,5 a ____ l&Q&U & J;X04
K. Y, A Harlem—7s.reg.1900 M A N i l ? b. 114% Aug. 119% Feb.
93% Sept. 103% Jan.
2 4 .5 s ................................. 1313 M A S 97
K. W. & Ogd.—Con., 5 s ..l9 2 2 :A A O 110%, 103 July 115 Fob.
Cent-G a.—S A W . ls s e o n .5 » /2 9 ............ <39%a- 135%
. . . . .Aug.
.
!.70% Jau.
S. Y. Chic. A SC. U —4 g ..1 937 A A 0 93 b. 89% Aug. 99% Feb.
Centmilof 5 . J .—C oaa.,7«.1898 Q - J 4X2 b.|U 0% A ug. U S Mar.
S . Y. Elevated—7 s.............. 1903 J
AJ
103b.105 July 111% Jan.
Consul., 79.......................1902 M A X ............. 113 .May .122 Feb.
117% Ang. 131 Feb.
General m ortgage, 5 e,.1 9S 7;J A J 108% l o l Aug. 112% Apr.
Leh.AW .B., cod.,vs,as d . 1900 $ - M 106
jlOO Sept. 110 Jan.
Construction, 5 s..............1923 F A A 1 (M o. 107 June 114 Jan.
d o. m o r t g a g e ,5 s ......1912 M a 6' 95 b.: 90 Ju ly .100 Apr. 'X .Y .U & A W .-l« ,« r a .,? S .1 9 2 0 ; M A 8:126 b. 120% A uk. 139% Jan.
2d consol-, 0 g ................. 1969; J A t> 7.1 b. 53 July 105 Feb.
A m . D o e i & Im p., 5 s— 1921 J Se JH 04 a. i g o A uk. '109% Feb.
LongDot-kOonsoi.,6g ..1 9 8 5 ,A A O 115 b. 122 Jan. 125 Fab.
Central Pacific—<jO td,6»..189SJ A J lo o It .101% Aug. .109% Jan.
S.________
Y, O. A______
VV. - HvI.
8; 80%
4 s .g -.l9
( 78
92 M
A sti
A
85% Feb.
CheAdsOhlo—M ert.,8 g —lS i K A A 0(112 U. n o
Sept. J 1 8 Feb,
Conaol. 1st, 5 e ................1939 J A 11106
S7% Aug. 10S% Jan.
1st consol.,5 g ..................1939 M A S' luOH
90 AUg. 106 Feb.
N.Y.8ua. A ft'.—1»! ref., 5 *.1 9 3 7 ,J A J1 0 2 b. 9 6 July 107% Mar.
6 * n .4 % * .e .......................1992 M A s 72 b. 61% Aug. 85% Feb.
K -.-A
.
A . A ! -r :
J 7 - b. 7 0 A n g.
Midland o f S .J .. 6 K ....1910 A A 0
112
b. 107
120%Aug.
Mar.
S2% Feb.
S o r t A iV.—100-year, 5 *.19 90 J A Js i
it. 81% May
90 .Tan.
do 2d eon., 4 * . . . 1999 J * J 72 a . 68 A uk. 80 Feb.
M A A W a a b .D iy .-ls t.5 g .1 9 U J A J ............ 30 .Tuly
91 Jan.
£UsXax,ABtgSiSa,—S 8 .1 90*5 4 A S' 9 2 %
SS Sept. 101 Feb.
Korth.Pac.—lst.eoa p .,tig. 1921SJ ,« Jili>7
;100 Aug. 118 Feb.
( m e . Burl. A
C on .,7s. 1903 J A J U 7
103% July 121% Apr.
A O 90
|80
Aug. 115 Feb.
D voenture,5«....................1913 M A S 61 b S3 Ang. 102% Jau. : General, 2d, coup., 6 g . . 1933,A
General, 3 d ,ooup., 6 g ..l9 3 7 ;J
A D 70 b. 60
Aug. 108 Feb.
Convertible 5*...................1303 M .-. 9 97 a. 39% Ju ly 1.108% Jail.
Consol, m a r t, 6 g ............ 1989 ,1
AD 34
24% Ang.
74 Feb.
D enver Division,4S.......1622 F A A
87% S e p tf 91% Jan.
June 95 July
S ebrw kaK xtei;< '.on ,4« 1927 ’•! A J» 82%b- 79% Aug. 93% Jan.
Col. tr. gold Bouts, 6 4 ... 1893 M A X .... 93
QUO. A S . F . - l s t , 5 g . . . 1940 A A O 4J%
Clue. A E. lil.-l« i,* X ,f i* .1 9 0 7 .1 a D UO%b. 103 Aug. 116 Apr.
35% Aug. 80% Feb.
50 Aug. 89% Feb.
Sortb. Par. A Moa. - 6 g . . . 19J- M A 8 5.5
C on*oL,6g........................193 4 A A O ______ 118 May 123% Mar.
North. Par. Ter. C «.—J g . . XO-i! J A J
O en em l eousoL le t ,S « .. 1937 M * n , »<i i 93% Aug. 103 Apr,
. . 93 July 101 Fab.
Oblo A M D s.-C on s. a.f.,7s. 1893
A J iu5% b. 102 Aug. 112 Feb.
37 .July 103% Feb.
CJMeagoABrte—1st,5 * . .1982 H A S ' 93
Consol., 7 s........................1898
A J 105 %b. 103 AUg 110% Mar.
44% Jan.
Income, 5 »....... ............... 1982; O o F b 'r ...........
20 July
Ohio Southern—1st, 6 K.-.1921 J it D 100%b. 93% Aug. 109 Jan.
Chic. Gas L. A C ,—l e t ,6 * .1 9 3 1 J A J < i %
70% AUK. 92 % Feb.
40
Cldc.M li. <k6t.P. -< o n .7 « . 1905 J A J 121 b. 1.19 A uk. 129 Apr. . General m ore, 4 g . ......1 9 2 1 M A S 19%
04 Jan.
Jan.
Omaha A St. Louis—4 g .. 1937 J A J ............ 60 Feb.'
4K ,8on th w w t DIV.. 0s . 19O9:J A J 107 b. 105 Ang. 111% Apt.
l8 t.8 o .M ln , In ?., its. . . . 19lo j A j io9%t>.
Oregon Imp. Co, - l * t , 6 g .19 10 .! A D 96
90 Ang. C o! Fob.
AUg. 110% Feb.
llt.C h .A F e c. ft .Div., f»8.19 2 ! J A
Aug.
Consol..
5
k
.
.
....................1939
A
A
0
16
32
112
May
67
111 Aug.
Calc. A Mo. Hiv. Diva, 6 j . IHIAJ ,% •
Ore.lt A N av.C o.-lst.O g. 190 J J A J lo2%b. 99 Aug. !112 £ £ .
Ang. 105 Apr.
j*
ftlA. A MJlUJ. M r , 5 *..1 921 J A J
Fab,
"•
July 108 Apr. I Consol.,5 g ............ ........... 1925 J A D SOta. S i Sept, 94%
Term inal,5 g ..................1 9 ! 4 J A J 103 %b. B8 July 109 June _____
Pennsylt
iflft—D
. g ....... 1943,M
A S ............. —102%
...—
_ ---------------------,...........................
_ , J 'u .iy 103 July
Gen. M., 4 g .. series A .. . 1989, J A
July , 96 Apr, | fa . Co. —4% g., cou p on -----1921 J A J 108 b. 102 July 110% Apr.
M U .A S o r .- l - !,eon..U s.lU U J A
*
.Mar.
105
10? Aug. HIS Feb. j Feo. l>ea.A EftUWT.—8 g ..l!)2 0 ]J A J ............ 100% May 104
C W e.A S .iv .- !
1 m , % -r
89 July 105 Feb,
Evansville Div., 6 r ---- 1920 M A 8 93
120 Ausf. 138 Jau. i
p o n ,* o id ,7 « ............... 1902 J A D.120 b. U 7 J.iH 123 Mar. | 2d m art.,5 * ........... ....... 1920 M A N
50 Aug. 72 Fob.
- .flag fund. 6 s — .......192 J A A u ............. to o July 115 Feb.
Phil*. A R o io L -G e n .,4 g .lS .D .J A J 09
59% Aug. 85% Jan.
g t i t o * | o »d .8 e ...............1020 A A 0 105 b. lOo AUg. 100 Jau. j 1st prof. Income, 5 * ....... U f> 6 ............. 34
20 July
70% Jan.
Feb.
!
2d
prof,
ihoom
e,
6
g
.......
1958;
...........
StnWng fn odd eb*!i.,S s.l-.tU .M A S ;i« 5 % S lo4% J aly U 3
14% Aug. 70 Jan,
2*3
25-year debenture,5 .. . i90(! M a X 100 b. t o o June !<.*«% M»r. • 3d prof, incom e, 5 # ....... 1958............. 18
11 July
C2% Jan.
.
72 Aug, 83 Apr.
Extenalou, 4a................... l'.*2’ - »• A A ........... 90 Aug.
!»» J.... iFltteborg A Western—4 K.1917U A J 81
<JBle.Feo, A r t s , 1928 m a s t o o a.
' Aug. 100 Mar.
Bich A !> *»».—C O B .,ag .. 1915 .! A J 107%b. 102 Aug. Ill Fob.
C t d o .lU .A F e e .-6 s ,c o tt p .l9 l7 J A J 111 b. 111 July 125 Jun.
C onsol.,5 k ........................ 1930 A A O ,; 71 a.
- , G■O AUg. 78% Mur.
flu te S slo iia n d co i.,5 s... 1934 J a j 9 4 %
Rich. A f t . p. Ter.-True%6g. 189 7 F A A;i
A J3%a.
53%a. 140 Aug. 83% Feb.
July 101% Feb.
30-year debettt. 5 * ......... 1921.51 & -- 0 1%-*J 11 be p c 97% Feb.
C<>n. 1st A cot. tru st.5 g .1314 M A 8 t 24
(15V a u k . 52 Feb.
C M e .B tF . M. A O .~ 6 * . . . . u ijo :j A i> 1 2 0 b. l l o
RloCt W estern—1st. 4 * ..1 9 3 9 (3 A .1 63%
a t Aug. 78 Fob.
Aug 123 M»r.
C lettlaod A C a o t u n - 5 .. .1 9 1 ' j A J ,89
dt. Jo A Or. Island—0 * ..1 9 2 5 M A N 7 l
74 Sept. 98 Jan.
, «6 % June 92% A pr.
d . C .C . * 1 . —C o u «o !„7 g. 1914 j A D i l i ti.119 May 119 May
8 1 h. * iron Mt. 1st m l
5 s. 07 K A A m b. 95 Aug. 103% Jun.
G eneral oobsuI.,6 . . . . . . 1934 J A J l l - i b.
" 115 Aug. .122% Feb.
2d, 7 g —........................„ .1 » » 7 ;M A Ni l Ol b. 04 AUK. 109 Apr.
C.C.C.Aat.1..- Feu.A L’.4 b .1940 a A O 70 b. 58 Aug. 79 Jan.
! Cairo Ark. A T c***. 7 * . ,ls » 7 ,J A D ,______ 05 Sepi- 104% Mar.
tneouse, 4s........................i960 April. !•>%
; Gen. i'.'y A land g r ..5 g .. l y j 1 A A <1 73%
12 Aug. i 26% Jan.
69 Aug. 90% Jan
C o t Coal A i r o n - t i g ........ 1900 F A A . . . ,
8t.U A S »a F r.~ e
1906M* N 1 0 3 b . l o O Aug. 114% Apr.
95 Aug. ; 100 Jan.
C o l.Midland—Con., 1 g ..,1 9 4 0 , f a a 42%
6 *., Class C.........................1900MA N___
103 b. 100 Aug. 114% Apr.
33 A uk. , 07 Jau.
D0 LH.Val.AT 0 t —C oo.,5g. 1931 M A S 83 a. 74 Aug. 94% Jam
; Genera! m o re , 0 * ......... ,1 9 3 l!J A J• 103 b. 93 AUK. l l l % Ape.
G en e ra l,6 g...................... 1904 J A U -3 b. 83% Aug.
99 Apr.
8 t t d o .W e s t .—1 s t,* » ,* ..1 9 8 9 M A N 50%b. 50 Aug. 68 Apr.
D en rrr A Kto G . - l s t , 7 jr. 1900 M a S i l l h. 112 J uly 119 Apr.
24,4s,
Ineomu ............ 1989 J A JS 18%a.; 12 July
20% Feb.
l» t e o n « o i.,4 g ............... 1 9 Jti j * J 7 a %
0.F.M.AM.—Dak. E x.. 6 g. 1910 M A N 114 b. 109% Aug. 119 % Apr.
98% Feb.
71 Jm y
O e& B. City A Alpena—S k .ISISJ j * J ..............1 60 Sept. 74 Jau.
, U t e o n s a t , ...........1833 J A J U 5 b. I l l
Aug. 123% Mar.
Det.M ae.AM .—L.-d gr»aie. 191 1‘ a & O' 23%bJ 2o Juno 40 Jan.
do
reduced to 4 % * .. J A J 93 b.i 97 Aug.
103% Apr.
*
DaL 80. Bh A AtL -5 g . . . . 1937 J A j yi, t. 90 July 103 Apr. i Montana Extension. 4 *.1937 J A D so b. 79 A ug. 91 Jan.
E.Tenn.V A G .-C o n , 5 k .19J6 m * N 89%
70 Mar.
94 Apr. ..Jaa-A.AAran. F.—1st,0 g . 1910 J A J
81 July
07 July
Knoxville A Ohio, 6 « . . . 1925 j a j 9 7 b.i 92% Ang. 104% Feb. I ls t .4 K .e u .......................... 1943 J A J 54 %b. 52 Aug. 00 Aug
Ft. W. A D en v.C lty—6 g ..IW 2 1 J A j , ,g
SeattleL.».A E .-ist,K u.t>. 193r F A A 56%b. 40 Ang. 92% Jan.
68 Aug,
G a U t M .A n :- M .S p jo ? U t S y . M a N
9 2 % Aug. *97% Feb.'
99 Apr.
iKetfty CtirpttS.Cord.H*tcon.<i»!M A N 72 a. 70 May
f“
■“ * - "•
" A
‘ ‘8 ......J io
. . * Aug.
. .
u 7 ^ Feil
llaa. A8t Jos.-Coas.,
0S.1914 M
,8 0 . Car.- 1 s t , 6 g ..ex cou p . 1920 ............ 80 b. 105 Slay 100 Feb.
H o sa .A T c* .C .-C 4 e n .?»,g .l9 2 l a A 0, 00%
"
Vr
'Ho. P a e -A rt* .—6 * ....... 1909-40 3 ,2 J . . .
_ 100% Jan.
Apr.
59 A u g .!i 70 Jan.
97 __
UUhoM Central—4 g ...........1952 \ .t <) Mo%b. 90% AUg.. 103 Mar.
Ho. Far.ldc.CaL—6 g . . , . 1905-12; A A U.J08
107 A ug. 115 Feb,
Iht. A Gt. No.—1st, 6 g — 1919 M A N 111 'b . t o o July ,113 Apr. i Ist.eunsul .giilJ. 5 * ....1 0 3 - A A O o:,
97% Jau.
93 Apr.
2d 4 %-5s......................... 1909 M A 8 53 b. 50
80.PaClB0, S .M .—« * .......... 19113 A
t 93 i
July
72% Fob.
Aug. 105% Feb,
to wa Central—1«t. 5 g ....... 1 8 3 3 j a D 7 s b.i 72
'Tenn.C .l. A K J.—T « n .D .,ls t ,« c A A O 75 1
July j 00 Feb.
AUK. 95 Fob.
Kcntnehy Centra, —4 g — 1 9 s7'j A J %t b. 8 0 Aug. i 97 Apr. ; 1 Btrm .D iv., 6 * ...............1 9 1 7 .! A J 75 l
95% Jan,
70 July
K H .K S .U K i.-ls t 5 g . . . . 1925 J A J 90 A 90 Aug. 103% Feb. i (T a x .A F a c .-le t , 5 * .......... 2000 .1 A D 71%
81 Jan,
59 July
Dacdede Gas—le t , 5 g .........1919 Q—F | 7y% I 7 0
29% Jau.
• 24, incom e, 5 g ................. 2000 March. 18
Aug. i 87% Jau.
13 Juty
ta k e lin e A W e -t.-5 g . . . . 1 9 . •
J tot. h,
' 100% Aug. 113 Feb.
•rot A. A. A N . 8 . - 0 * . , . . . 1 9 2 4 M A N 75 a. !O i J a u . 108% Jau,
L. 8corc -t>«i. ct’-, 1 "t. 7 «. 1«wu . & 3 117
113 July 119 Jau.
To!. & Ohio C e n t - 5 « ....... 1 B33.J A J 103
100 Aug. 109 Apr.
con sol, coup., J.*., 7s.......1903 J A 1> U 9% b i l l
Aug. ,122% Jau.
To!. Poo. A West.—4 g ....... 1917 J A J 08 b. 72% July 81 Jau.
t o n g la id —1*!, eon., 5 g , . 1931 u - J U 0 % ’> 111 Aug. 116% Feb,
T o l , « . t . A b p . 0 . - S *..19101.1 A U r.u
48 Aug. 90% Jan,
General m ortgage,* g ,.i9 3 3 ,J a d #o%b.| 9 0 July , 90 Jen.
Onion P a u ia o -0 g ...............18 3 3 .1 A J 107
102 Aug. 110% Jau.
toato. A Nash,—Cups., ?*. 1893 A a 0 103%;). 106 AUg. .113 Jan.
gloklngfiind. 8 s ............... 1893. M A
98 Aug, 106% Fob.
N.O. * M o b . l s :.6 »•....... 19JO J A J 113%b! 110 Aug. 12*3% Apr.
CoUat. u o e t 4 % ................19 4: 3 M A H
73% Jas.
48 July
do.
2d, 0 g . . . . . . 1 3 3 0 3 A Jl OO ft. to o July 1 1 0
Feb.
7 2% Aug. 102% Jan.
Gold Os.ooL trust n otes.189 4:F A A s »
113%
Apr.
July
119%
Apr.
Kali.
F
ttc.-D
en.D
iT.-0g.1899
M
A
N
109
b. 109 AUK,
...................... l 5 m 'J * l> 112 b- 1"7
UBilled, 4 s ...................... 4940 3 A J 77%b,j 75
1st consol., O K...............1919 M A N <H
July t 83% Feb.
88 Aug. 112% Apr.
Naah.Ft.Aeh.— 1 stgtd.5 g.'37 F A A 90 a. 93
Oregon Bhort t i n e —0 g . . 1922 F A A 3 0
Aug. :1 0 l Mar.
80 Aug. 109 Jan,
t_o o ls .. N.a . A C...
h.—1st,
6s. 1910 J A J ,l o o b. 100 f t c p t i l l l Jan.
----------—
52 Aug. 80% Jan,
O r.8.U A O fbN .-C ot> -6g .l91 9 A A O 65 !
Consol , , 6 « . . . ......... .....1 9 1 6 A A O 9 7 %a-; 82% Aug. TOO Jan.
O.F.Den.A Gulf con. 5g .l!)3i* J A D 4 5
39% AUg, 75% Jan.
* 1 9 1 7 F & A 17%b. 77 July
08 % Jan.
Onion E levated—b g ........ 1937 M A N 1 0 7 %
98% Aug. 117% Apr.
M -tro. E levated—1st, 0 g . 1306 J A J 114% '108% Aug. 118% Fob.
Virginia Mid.—Gen. in,,5s, 1930 M & N 77 b. 7 4 Aug. 86 A pr.
2d. 0*— ................. .....1 8 9 9 M A N 106%
100 July 108% Fob.
do
stamped guar. M A N 7 7 t>. 79 J Ull# 80 Apr.
MJefc.Cent.—l* t ,o o n .,7 s ..1902 S * N 119% 1 1 3
Aug. 122% Apr.
Wabaeh—IS t.D g................. 1939 M A S t 0 2 b. 93 July 106% Apr.
OOJWOl., 6s . . . . . ......1 9 0 2 M A
N 103 b 10*1 Aug. 100% Apr.
2d mortgage, 5 g ............ 1939. F A A 7 1 3 ,
82% Jam
GO July
m j U * e b h .A W .- l » t ,6 g .l 9 2 1 J1A
N 121 b. 115 July 127% Jan.
39 Jan.
Debent- M., series B....... 1939.1 A J 24 b, 19 July
* ............ 1929 y A A 102 b. 97% Aug. 100% Jan.
West Snore—Guar., 4 s
.2301 J A J 9 3 %
94 July 103% Feb.
i f K. A T .—1st 4s, g ............. 1990 J A D 77
60 Aug. 82% Feb.
Ang.
105
Feb.
West-N. Y. A P a - l s t . 5 g . 1 9 3 7 J A J lOO
94
.
— July
- - 50 5 0 %Jan. M tn o r t ,.............................1927 A A 0 2 1 %
21
1990 t . A . . A. .38%
I 27%
13 Aug. 33 Jan,
Mo.Fac&So—lat, ood., 3 * .19 20 M a N ........... 9s
Aug. 113 Mar.
West. Un.TeL—CoL tr.,5 * .1 9 3 8 J A J 1 0 0 %b. 95 Aug. 100 Jan.
je*.
-• 103
, l' ,i e.b.SUV
3d. 7
s . ................ 1906 ,Mi A N
100 Aug,
Aug. 115%
115 Apr,
Wi*. Cent. C o .- l s t , 5 g ...... 1937 J A J 67 b.i 60 AUK. 92% Jan.
Far, 0 f M o . - l » ! , c t . . 4 g . 1938 F A
A 97 a. 93 Aug. 102 Jau.
Incom e, 5 g . . . .................. 1937 . . . . . . . . 15
12 Aug. 35 Feb.
N oth — “ b " Indicates price b u t; ••a" price atkctl; the Kange Is made up from actual sales only. * Latest price this week, t Trust, receipts.

II

s

NEW YORK STOCSl EXCHANGE FRICKS.— S T A T E B O N D S S E P T E M B E R 13.
MCCPBCtl K».
Alabama—Class A, 4 to 5 ........1900
Class B. 5 * ..............................lpnc,
Class C. 4 s............................... 1906
Currency funding 4 s ........... 1.920

Arkansas

Bid.
90

I!

S3
123

fuair.Hol.lS99-1900
1 *. Non Holford
2
Louisiana—7*. eons.............. 19 14 105

7*j Arkansas Central KR.........

» f.w connls. 4 s ,................... i o n
Mpaiiiiri - Fund_______ 1894 t “ 96

85
97

Ask.
*97
103
95
92
190
12
w

8F,CUP.rTIE8
New York—6», loan................. 1893
North Carolina—Os, o l d .......... .1 AJ
Funding a c t ...................
1900
New bonds. J&J . . . . . . 1892 1898 j
Chatham K R .............................
Special tax. Class 1...................... .
Consolidated 4 s .....................1910
! 6 * .............................................. 1919
Rhode Island—6s, c o n . . 1893-1894
(South eVirottna-..**e bOU-fnml. ] ugji

BbL

Ask,

SECOKITrES.

Bid.

Ask.

8.0. feont.)—Brown eonsol.09,1893
Tennessee - 0 b, o ld .........1892-188?
Compromise, 3-4-5-Os........... 1912

60
70

__ f. 1

New settlement, 6 s ............. 1913 100

5
5

too
125

59.............................................. 1013

3s........................................... 1913

V irgin ia —6 s, o l d ................. ..............

Us. consolidated bonds.................
«s, consolidated, 2d series, recta.
0«. deferred t'st ree’ts sternned

107
98 105
67% 70

4^

THE CHRONICLE.

458
GEN ERAL

QUOTATIONS

OF

[V o l. L V II

STOCKS A N D

BONDS.

Quotations In New York represent the per cent value, whatever the p tr in tv he; other quotations are frequently m ate par share.
T he following abbreviations are often used, viz.: “
for mortgage. “ g .” for gold; “ g ’d,” for guaranteed; “ end.,” for endorsed; “ oons..’*
for consolidated; “ oonv.” for convertible; “ s. f.,” for sinking sund; “ 1. g „ ” for land grant.
Quotations in New York are to Thursday; from other cities, to lace mall dates.

S u b scrib er* w i l l c o n fe r a fa v o r by g iv in g n otice o f a n y e rr o r d isc o v e re d In th e se Q u o ta tio n * .
U n it e d St a t e s B o n d s .

Bid.

Ask,

Ci t y Se c u r it ie s .

Bid.

Ask.

Ci t y Se c u r it ie s .

Bid.

Ask.

B’ klyn,N .Y.— Bridge4s, 1926 .J&J
90
N. Brunswick,N. J.— 6s, 1 9 0 6 ..Var 105
U N IT E D S T A T E S B O N D S.
Water 3s, 1 9 0 5 ........................... J&J ..........
New Orleans, La.— Premium 5s . . . 163
Ss, option U. 8 ., reg................. Q—M
163*4
Buffalo,
N
.Y
.—7s,
1
9
2
4
-5
.........
J&J
§125
Cons. 6s, 1 9 2 3 ,ext. Crossman. J&J 100% 101*4
«g, 1 9 0 7 .............................r e g ... Q—J
4s, 1942 .......................................J&J
W ater 5s, 1 8 9 8 -9 ..................... A&O 6 H 0
97*2 9 8 ^
is , 1 9 0 7 ....................... cou p .. .Q —J
N .Y . City— 7s, 1 9 0 0 ................... M&N §111
Water 4s, 1 9 0 4 ..........................M&8 § 9 6 3i
6 o, Currency, 1 8 9 5 ...... reg___ J<feJ
Water 3>ss, 1 9 0 5 ...................... J&J|§ 90
6s, 1 9 0 0 ...................................... M&N §106
6 s, Currency, 1 8 9 6 ......reg___ J&J
Butte,
Mont.—6s,
1
9
0
2
-1
9
1
2
..j&
j|
.........
6s, gold, 1 9 0 1 . . ......................... J&J §109
6s, Currency, 1 8 9 7 ...... reg___ J&J
113
Cambridge, MasB.-W ater6s,’9 6 .J &J '§ 103
5s, 1 9 0 8 ...................................... M&N §104
Ss, Currency, 1 8 9 8 ...... reg___ J&J
City
6s,
1
9
0
4
..............................
J&J
5s,
gold, 1 8 9 6 ...........................M&N §100
6s, Currency, 1 8 9 9 ...... reg___ J&J
-------W ater 3!ss, 1 9 1 1 .....................V a r
4s, 1 9 0 6 .......................................M&N
S T A T E S E C U R IT IE S .
Camden, N. J.—7s. 1903 ........... J&J
31*8. 1 9 0 4 . . . . ...........................M&N A
Alabama—Class “ A ,” 4 to 5 ,1 9 0 6 ..
3s, 1 9 0 7 ...................................... A&O § 90
Charleston, 8 .C.—Conv.7s,’9 7 . A&O
Class “ B ,” 5s, 1 9 0 6 ..........................
95
Conv. 4s, 1 9 0 9 ........................... J&J
Park, 2i*s, 2 0 -4 s .....................M&N S 85
90
Cttaes “ 0 ,” 4s, 1 9 0 6 ........................
Chicago, i l l —7s, 1 8 9 9 ........................
Norfolk, Va.—8s, Water, 1 9 0 1 .M&N 116
Currency funding 4s, 1 9 2 0 ..........
118
5s, 1 9 1 6 ...................................... A&O
Arkan.—6 s,fu n d „ ’ 99.Holford.J&J
7 8 ,1 8 9 5 ................................................
100
Norwich. Ct.—5s, 1 9 0 7 .............. A&O ^105*2 108
41*6, 1 9 0 0 ............................................
6 s, fund., noc-Holford.........J&J
Omaha, Neb.—Paving 5s, 1 9 0 5 ___
3-6 5 s, 1 9 0 2 ..........................................
7s, L. B . & F t.S .issn e ,19 0 0 .A & O
5s, 1 9 1 2 ................................................. § .......... .........
4s, 1 9 1 1 ................................................
Ts, Memphis & L .B ..1 8 9 9 .A & O
4s, W ' rld’s Fair, 1 921........... J&J
4 i*s, 1 9 1 0 .................................... J&J j
7 s,L . R .P .B . & N .O ., 1 9 0 0 .A & O
Cook Co. 4 !4 8 ,1900
Paterson, N. J .—7s, 1 9 0 0 ................. §110
7s,M lss.O . & R. R iv .,1 9 0 0 .A & O
6s, 1 9 0 1 ................................................. §105
W est Chicago 5s, 1899
Ts, Ark. Central R R ..1 9 0 0 .A & O
Lincoln Park 7s, 1 8 9 5 ....................
4s, 1 9 0 8 ................................................. § 93
Connectic't-N ew,rg. ,3 £) s ,1 9 0 3 . J&J
110 Petersburg, Va.— 6s, long......... J&J 105
Sanitary Dint. 5s, 1 912...................
New, reg. or coup., 3s, 1 9 1 0 ........
121
Philadelphia, Pa.—6 s,1 8 9 6 ___ J&J 105
108
Dlst. Col.—Cons.3-65s,1 9 24,cp.F&A
Cincinnati, O .—7'3 0 s, 1902 ...J & J
..........
6s, 1 9 0 1 ......................................... J&J
120
7s, 1 9 0 8 _______
Var
Funding 5s, 1 8 9 9 .......................J&J
115
Pittsburg, Pa.—5s, 1 9 1 3 ........... J&J 116
6s, gold, 1 9 0 6 .......................... M&N
Fund. lo a n (L e g J 6 s,g .,1 9 0 2 ..Y a r
120
loo's 7s, 1 9 1 2 ...........................................Var 135
W ater stook, 7s, 1 9 0 1 .....................
4s, 1 9 0 5 ......................................... Va101
4s, 19 L5........................................J&D 100
do
7s, 1 9 0 3 ......................
4s, 30-50s, sink, fund, 1 9 31. J&J
6s, Consol., 1904 r e g ................J&J 115
108
5e, 30-50s, sink, fund, 1930. M&N
Florida—Consol, gold 6s ........J & J
108
102
Portland,Me.— 68, R R. Aid ,1907M &8 §114
Beorgia—i^ss, 1 9 1 5 ..................... J&J
Hamilton County 48. 1 9 3 7 ... . ..
11T
4s, funded, 1 9 0 2 -1 9 1 2 ..........J&J
10L
95
81*8,1917 to 1 9 3 6 ................... J&J
Cleveland, O.—7s, 1 8 9 4 ........... A&O
100
4s, 1 9 1 3 ...................................... M&S
109
Indiana—Tem’y loan, S ^ s , 1 8 9 5 ...
6s, 1 9 0 0 ....................................... M&S
100
Portland, Ore.— Gold 6s,1920.M & N
104
Refunding, 8 i« s ,1 8 9 5 ..
5s, 1 9 0 7 ....................................... J&D
30 year 5 s ......................................... .
State House, 3ias, 1895
Fundeddebt 4s, April, 1 9 0 2 .J&J
97
Temporary loan, 3s, 1899
Columbus, Ga.—7 s .......................Var
Portsmouth, N. H .—6s, ’ 97, RR. J&J >102 104
5
s
9 9 ' Poughkeepsie. N . Y .—7s, water lon« 115
IiOnlslana^Consol.7s, 1 9 14. ..J& J
Stamped 4 per oent. 1 9 1 4 ___ J&J
Columbus, 6 . ^4*is, 1 9 0 2 ......... J&J
Providence, R .I.—5s, g .,1 9 0 0 ... J&J 103*4
93t|
N ew consol 4 b, 1 9 1 4 ................J&J
Covington. K y .—4s, 1 9 2 7 ,new.J&J
6s, gold, 1 9 0 0 , water lo a n ..J & J 109
Maine—New 3s. 1899 1 9 2 9 ___ J&D
5s, 1 920....................................... F&A
41*8, 1 8 9 9 ................................... J&D 100
100
95
M aryland—3s, gold, 1 9 0 0 ..........J&J
8s, 1 8 9 9 ....................................’ ..J&J
4s, 1 9 1 1 ........................................ J&J
8-65s, 1 8 9 9 .................................. J&J
Dallas, Tex.—os, St. Iinp’m ’ t, 1928.
3*28, gold, 1 9 1 6 .........................M&S
86*2
5s, water, 1 9 2 0 ..................................
101
Massaohnsetts-5s, gold, 1 8 9 4 ..J&J
Quincy 111.—6s, 1 8 9 8 ................. J&J 100
80
104
6 s, gold, 1897.............................M&8
Den ver.Col.— Pub. im .4s,1904.M &S
Rahway, N. J .—Old 7 s .............
60
Duluth, Minn.—4s, 192 0 ............ J&J
Minnesota—Adj. 4i*s, 1 9 1 2 ,1 0 -3 0 .
New adjustment, 4 s ..............
Missouri— Fund. 6 s, 1894-95 ..J&J
Reading, P a.—4s, 1 9 2 0 ............. A&O 100
Detroit, Mich.—1
7 s, 189 4............ F&A
101
102
100
New Hampsh’e—6s,Jan.,1 8 9 4 .J&J
6s, W. L ., 1 9 0 6 .......................... J&D
107
Richmond, Va.— 6s, 1901 -19 1 0 J&J 106
3**s, 1 9 1 1 ....................................J&D
8s, 1 9 0 4 -19 1 0 ..............................J&J 123
W ar loan, 6 s, 1 9 0 5 ................. J & J
117
93'
127
Erie, Pa.—Consol. 7s, 1894 ___ J&J
5s, 1921 & 1 9 2 2 ......................... J&J IcO
New York— 6s, gold, 1 8 9 3 ___ A& O
Elizabeth, N. J.—New 4s,1922 J&J
4 8 .1 9 2 0 .................................................
No.Carolina—6 b, old, 1 8 8 6 -’ 98.J&J
86
*95“
Evansville, ind., comprom. 4 s ,1912
R oanoke,Va., 6 s ............. 1 906-1921
6 s N . C. R R „ 18 8 3 -5.......... J & J
6s
do
7 ooupons off . . .A&O
Rochester, N. S’.—7s, Water, 1 9 0 3 ..
Fitchburg, Mass.—6s.’0 5 ,W .L .. J&J ^ H S 1*
6 s, funding aot of 1 8 6 6 ,1900.J&J
4s, 1 9 1 2 ....................................... F&A
Galveston, T ex.— 5s, 1 9 2 0 ___ J&D
Gr’nd Rapids, M io h .-5 s. 1 9 04.J&J
Salem, Oregon, 5s.......................1912
6 s, new bonds, 1 8 9 2 -8 ............. J&J
Water, 8s, 1 8 9 5 .........................J&D
6 s, Chatham R R ....................... A&O
St. Joseph, M o.—6s, 1903 ........F&A
108
Ss, special tax,class l,1 8 9 8 -9 A & o
Harrisburg, Pa.—6s, 1895 ........J&J
Comp’mise 4s, 1 9 0 1 .................. F&A
98
is , new, oons , 1 9 1 0 ............. J & J
Water 6s, 1 9 0 3 .......................... J&J
St. Louis, Mo.—68, 1 8 9 9 ............ Var
100
108
6 8 ,1 9 1 9 ...................................A & O
Hartford, Conn.—6s, 1 8 9 7 ........ J&J
6s, gold, 1 8 9 4 ...........................
101**
North Dakota—F ’ded 4s, 1 9 2 1 . J&J
5s, 190 0 ......................................
Towns. 3 8 ,1 9 0 9
Fenn.—5s, new,reg.,’92-1902..F & A
Haverhill, Mass.—4e, 1 9 0 2 . . . A&O
4s, 1 9 0 5 ......................................
ioo-*
100
4S, reg., 1 9 1 2 ............................F & A
4s, 192 2 ................. -....................A&O
3*65s, 1 9 0 7 ............................... .
100
98
Rhode Isl’ d—6 s, 1 8 9 3 -4 , coup.J &J
Hoboken, N J — Im p,6s, 1 8 9 8 .J&D
St. L. Co.— 6 s,1 9 0 5 ................... A&O
118
St. Paul, Minn.— 4s, 1 9 1 2 ..................
South Carolina— 6s,Non-fund.,1888
do
5s. 1 9 0 1 ......... M&N
95
Brown oonsols, 6s, 189 3 ___ J&J
Houston, T ex.—6 f, 1918
4**s, 1 9 1 6 .............................................
Blue consols, 4 t2S, 1 9 2 8 ........J&J
6s, 1 9 1 2 ...........................
5s. 1 9 1 5 .................................................
107 "
Booth Dakota J'ss, 189 7 ........... ......
6s, 1904...............................................
Compromise 5s, 1918
113
3*48, refunding, reg., 1912 ..J& J
7s, 1 3 9 8 ...............................................
111
Indianapolis, Ind.~“ D” 7 * 3 /9 9 . J&J
Tennessee—6s, unfunded........... J&J ' 60
Salt L. City, U .—5 s; 1912-1902. J&J
6 8 ,1 8 9 7 ........................................ J&J
Compromise, 3 -4 -5 -6 8,1 9 12 .. J&J
70
5s, public iuip’ ts. 1901 -19 1 1 . J&J
Jersey City— 7s, 1 9 0 5 ................. Var
Settlement, 6s, 1 913.................. J&J 100
San Antonio, Tex.—6s, l90i*-19JisJ 103
Water 7s. 1 9 0 4 .......................... J&J
105
100
Settlement, 5s, 1913...................J&J 95
58 1920
Water 5s, 1 9 1 6 .........................A&O
99*4 ioo"
Settlement, 3 b, 1 9 1 3 ................... J&J t>9H
Savannah—F d 5s, oons.1909 .Q — F
Water assess.,3s, 1 9 1 6 .......... A&O
Texas—7s, gold, 1 9 0 4 ................... J&J .
Scranton, P a .—4s, 1 8 9 3 .1 9 1 0 .F&A
W ater 5s, 1 9 2 3 .................................
lu 5
U tah Ter. 5s, 1 9 0 0 -1 9 1 0 ........... J&J f .
Sioux City, Iowa—4*28, 1 8 9 9 ........
Hudson uounty 5s, 1 9 0 5 ____M&8
Virginia—6s, oid, 1886-’9 5 ...J & J
Spokane Falls, Wash.—os...............
Hudson County 7s, 1 894___ J&D
6s, new bonds, 1 8 6 6 ............. J & J
Springfield, M ass.—6s, 1 9 0 5 ..A&O 113*2 115
Bayonne City, 7s, long............ J&J
6 s, console, 1905. ex-ooup___ J&J
7s, 19 03, water loan___ _____A&O 118
121
Kansas City, Mo.—7s, 18 d8 . . M&N §100
6 s, oonsol., 2d series................. J&J
8pringtield, O - 5 s , 1 9 o 7 ..........M&N
4s, 1 9 1 0 .. .................................. A&O § 92
6s, deferred bonds.............................
Knoxville, Tenn., 5s, 1 9 2 2 . , - , ........
Toledo, 0 .- 7 - 3 0 8 , R R ..1 9 0 0 .M & N
Do trust receipts, stamped___
6s, 1 8 9 9 ..........................................Var 100 102
Lawrence, Mass.— 6s, 1900 ...A & O §109 111
98
New3s(Riddleberger), 1 9 3 Z .J & J
65i* Leavenworth. K an.—4 s, 1914 J&J
100
5 s ,1 9 1 i (callafter O c t.’9 3 ) .A&O
90
Century bonds...............
53
4s, 1 9 1 3 .........................................Var.
95
Lexington, K y .— 4**s, 1920. .M&S § ........
96
Coupons, trust receipts
Long l8lanuCity, N. V— W ater.7«... 10U
Trenton, N. J .—4s, 1 9 1 1 ........... J&J
C IT Y S E C U M lT lE b .
Worcester, M ass.—5s, 1 9 0 5 ...A & o 106*« 108"
Los Angeles, Cal., 5s, 1912.
98*2 100
Albany, N .Y .— 6s, 1915-1919.M & N §113
4s, 1 905........................................A&O
Louisville, K y .—7s, i9 0 3 ............ Var §112
93
, 4s, 1920 to 1 9 3 0 .....................M&N § ..........
95
3*28, 1 905.....................................J&D
6s, 1 897..................................................... Var §102
Allegheny, Pa.—5 s,op., ’8 7 -9 7 . Var. 100
20*408, 5s, 1 9 2 0 ....................... M&N §LuO
4*48, ooup., 1 9 0 0 ..............
Var. 100
R A IL R O A D BONDS.
4s, 192 3 ............................
J&J § ........
lAUegheny Co.,5s, cp., 1913.J&J 101
(Bonds o f companies consorted are
103
Lowell 4s, 1 9 0 3 ............................ A&O
4s. Court House, 1908, reg..J& J 100
generally under the consoVd name.)
Lynchburg, Va.— 6s, 1 9 0 1 -4 ...J& J
Ala.Gt. Southern— 1st,6s, 1908J&J
8 -8s, refunded. 1895, reg . ..J & J ........
Lynn, M as8.-W aterloan,6s/94.J& J § 99*2 100
A sh e v ille ,N .C .,5 s,g o ld , 1 9 1 1 .J&J § yo
Debenture 6s, gold, 1 9 0 6 .. .F & A
95
5s, 1 9 0 5 ...................................... M&N §107** 109
Gen’ l mort. 5s, 1 9 2 7 ...............J&D
Atlanta, Ha.— Water 7 s, 1 9 0 4 ..J&J 106
110 Macon Ga.—6s, 190 9 .......................... 103 105
6 8 ,1 8 9 5 -6 ....................................J&J 102
Ala. Midland—1 s t,gua. 6s, 1 9 2 8 ...
107
Manchester, N. H .—6s, 1 9 0 2 ..J&J. §109
111
5s, 1 9 1 4 -15 .................................. J&J 100
Ala.
N. O. T. &c. 1st deb. 6s, 1 9 0 7 .
4s, 1 9 1 1 ................................................... §
93*5 100
iige, 1 916.....................................J&J
95
2d debent. 6s, 190-7................. J&D
Memphis, Tenn.—Comp. 6s, 1 9 0 7 ..
Augusta, Me.—6 s, 1905, Fund .J&J §112
A
la.&
Vicksb.—Cans. 5s, 1 9 2 1 .A&O
116
Tax Dist., 6s, 1 9 1 3 ...................J&J
Augusta. Ga.—6s, 1 9 0 5 ............. J a J 104
Viok8b.&Mer. —1st,6s, 1 9 2 1 .A & 0
108
Tax Diet., 6s, 1 915................... J&J ____
Baltimore— 6s, bounty, 1 8 9 3 .M & 8 . .
2d, consol. 5 s .....................................
Middletown, Conn.—3*65, 1 9 1 5 ___ § 94
100
5s, water, 1 8 9 4 ..........................M&N lOO^s 101*s Minneapolis, M inn.—7s, 1901.J& J §11.0
Alb’y &Susq.—Cons. 7s, 1 9 06, guar. 121 127
6s, 1 9 0 0 .......................................Q—J
Consol, m ort.,6s, 1906, guar.A&O 112
4*28, 1 9 12-15......................................
6 s, W est. Md. E R ., 1 9 0 2 ___J&J
Allegh. Val.—Gen. M., 7 3 -1 0 s. J&J 104*,
4s, 1915-17.......................................... ' 92
1st mort., 7s, 1 9 1 0 ...............A&O .
6 8 ,1 9 1 6 ....................................... M&N I I 6 J4 117
4 f, hospital, 192 2 ..................... J&J
4s, 1 9 2 0 ...................................... Q—J
Allentown T erm .-lsts,-is, 1919. J&J §*
4s, 1 9 2 2 ................................................
Atoll.T. & 8 . Fe—new 4s, 1989, J&J
3>a8,1 9 2 8 ..................................J&J
98
99
Milwaukee,Wis.—W uter7s/02.J& J § ......... 109
Bangor, Me.—W ater,6s,1 9 05. J&J §113
116
2d, 2*2-48, Class A , 1989 ...A & O
os, 1 9 1 2 ................................................ .
2d, 4s, gold, Class B , 1 9 3 9 ..A & 0
E .& N . A. B R ..6 S, 1894 ........J&J § K 0
100J4
5s, averaging 10 years.....................§.
100-year, gold 5s, incomes, 1989.
Bath, Me.—6 s. 1 9 0 2 .................. V a r tlO o
103
Water 4s, 19 0 6 -7..........
J&J .
Ad. & Chari.— 1st pf. 7s, 1897.A & C 100
5 b, 189 7 .......................................J&J §100
103
Mobile, Ala.—4 -5 s, Piled, 1906.J&J
80
85
4 8 ,1 9 2 1 ...................................... J&J § 9 0 "
95
1st, 7s, 1 9 0 7 ........................................ 109*2 115
Nashville, Tenn.—6s, 1900........J&J
103
Income, 6s, 1900 ...................A&O
B elfast,M e.—6 s,railroad a id ,’9 » .
4s, 191 0.............................................
100
Birmingham, Ala.—5
1920 A&O
Atlantic City—1st, 5s,g., 1919. M&N
Newars— 4s, 1908 .......................A&O
62
Boston, Mass.— Water 6 s,1 9 0 6 . Par § 119
Allan. & Dan.— 1st g. 6 8 ,1 9 1 7 .A&O
4*as, i.918................................... ........
58% 5 9 %
W ater 5s, gold, 1 9 0 6 ................Var §109
Adantio & P ac.—1st 4s, 1 9 3 7 ..J&J
5s, 1 909.................................................
W ater 4s, 1 9 1 7 ........................ Var § 101
2d W .D ., guar.,g, s.f.6s.l907.M & 3
6s, 1910 . . .............................
Vai
8
W. D. Incomes, 1 9 1 0 ........... A&O
W ater 3148, 1 9 1 7 ..................... A&O § 9 1 1*
7s, Aqueduct, 1 9 0 5 .........
Var
Oent.Div.— Inc.,6s,n«»n-cu., 1922
3 s .............................................
A&O § 83
New Bedford.Mass.—6 s ,1 9 0 9 . A&O § i 18*2 120
Land
gr.
incomes,
oum.,
1
9
01..
B ’k ly n .N .Y .—B’ge7s, 1915 2 4 .J&J . . . .
3*38, 1 9 1 0 ................................... A&O § 90
92
100
Park 6s, 1924............................ J&J ____
Baltimore &Ohio —4s, 1 9 3 5 ...A&O
N. Brunswick,N.J.—17 s,water, 1904
Bridge 5s. l<>ld
___ J&J
***rfcersbrirg Br.. 6s. 1 9 1 9 ...A&O, 105
6 s,1 8 9 8 ..................................................
USubject to call.
* Price no an. ai.
§ rurouttser aiao pa ra accrued Interest
e In London,
1T Coupons on since 1869.

THE CHRONICLE.

■September 16, 1893. j

459

UENERAL

Q U O T A T IO N 'S O F S T O C K S A N D B O N D S — C o n t in u e d .
F o r E x p la n a t io n * Sae Note* a t H e a d o f F lr# t F a g e of Q u o ta tio n * .

R.UXXOAl> BOJTO8.

S IC j A iS.

R a il b o a d B onds .

Bid. |Aai.

R a il r o a d B ostds.

Bid. Aslt.

Olev, Cin. Ohio. A St. Louis.—
SC* B. A Q.—5a, s.f., 1901.........AAO 100
Baltimore * Ohio—
C. D iv., 4 8 , 1 9 3 9 . . . . . . . . . . ....J A J ............
5s» debenture, 1 9 1 3 .........M A N : 90
Ss, gold, i n i s . . . ...................: v
Iow
a
D
ir.
8.
F.
5s,
1
9
1
9
...*
.
AAOf
*88%
CousoL sioldSs, 1 9 8 8 . . . -----1.VA 108
94
92 >ii 98
Iowa Div., 4s, 1919........ . . . . A AO 90
B elay IkUlRlr- East Side Ss. 1935! 108 :i o c
Cinn.San.A Clev.—6s, 1900.- FA a
DenTer D iv., 4s, 1 9 2 2 .. . . . . . FAA
86
......
Jverilue. 6 a , 1895-----MAS *101 103
Consol. 5s, 1 9 2 8 , . . . . . . . . . . .JA J
112 i 4 8 ,plats,bonda, 1 9 2 1 .... ...5IAB|5- 79%; 80
#tntltog. 6 s , g ., 1 9 0 2 ...........-M A S 'e llg
Peo.
A
East.
eons.
4s,
1940___
.
.
.
Neb,
E
xt.,
48,
1927
.......
....M
A
N
:'
8
2
h
:
.
84
120
Sterling. fie, g „ 1910............ MAN <118
Incom e 4js, 1 9 9 0 . . . . . . . . . . . . . . . .
■110 | Plain* 7e, 1896................ ....J A J £100 102
Bterimx, 9*. 1 9 2 " -...........................JA D <108
Clev. Coi. 0 . A L—1st 7s, *99. MAN
Steriuu’, 4-<-. 1933........... AAO el 10 1112 ! Bonds, 5s, 1895............... . . . . J A I > | 98
Consol, m ort,, 7s, 1 9 1 4 .........JAD i l 5 “ '
' Convert, deli. 5s, 1 9 0 3 ......MAS 99 j . . . . . .
BQit.Tr.aer.B,1891 to 1900-M A S ' . . . . .
Cons. S. F.. 7s. 1 9 1 4 ... ...... .J A J
Bar. A Mo. R.. I’d M ., 7 s,’ 93.a a O §100 lO O h
......
M on.Rlv.—1 *t au.ff.5g.1919.FAA ----Gen. eon. 6a, 1 9 3 4 ..........
JAJ 112
Bar. A Mo. (N ob.), 1a t,6s, 1918. J AJ <110% 111
Ceo. O.-Cort.*. I » i ,A*i h 1030. MAS [ 99 ilO l
B
elief.
A
I
ml.
M*.
7s,
1
8
9
9
..-JAJ
Cons,
0
9
,
non-ex.,
1
9
1
8
....J
A
J
>100%..101
—
A fcA C h J u n .l ,t.<r. ,M,1930.MAN
4s, (N eb,o 1 9 1 0 ............ .
JAJ j 80
85 i Cleve. A Mali. Val.—G. 5s, 1938JAJ i<Hr‘
Saltlmor, A Ohio *uutliwe#tera-~
I
;Cle.
A
Pitts.
—Con.a.
t.
,7e,1900MAN
115
Neb.
RR,
1st,
7s,
1
8
9
6
.....A
A
O
U
tO
105
90
Gen. gu. 4%s, g., “ A ,” 1 942.JAJ
O m . A S. W., 1st, 8s, 1896,3AD >105
107
K3 :
.........
Do Series R, 1912............. ...A A O €9 t 71 ? Ott. Osw. A F ox R.. Ss, 1900. JAJ <115 1 17
1st jjref, iceotu eS s.....................
Colorado M id.—1st, 6s, 1936.
AtelPn A Neb.—1st,7s. 1908 MAS §117% 120
23 k: 27'J2d do
do
........................
Consol,
g
old
,4
s.......
.............
.1940
.
.
.
.
.
.
Repob. VuL, 1st, 6 h, 19 19...J A J $ 99% 101
43
0%
8d do
do
........................
Columbia A Gr.—1st, 6s, 1916. JAJ
bieA Bast HI.—1st mort. 8s.. 1907 110 . . . .
87H 90
S ail. A P ot’ o—le t, 6 -,
1911A AO 115 1
1st* eon,, 6a, gold, 1934 ---- AAO 112
l* t. ranael, 8s. g -,
1911. JAJ 120 j125
95% 96% Col.A C.Mid.—l8t,4% 8. 1 9 3 9 ..JAJ ............ 89
Gen. eon., 1st, 5s, 19 37---- .MAN
b 7H
B a lt B elt—1st. 5*. 1 9 9 0 ......M A X
— Oolum. H ock.V . A T .—Con.5a,1931
87>,
■aim1. . . . . ;
Seeyh Cre.-A —1s l A id, t<. 19 3 6 ,J A J
89 >s 90
iAlb-y*’ i. 5s,g,1929 AAO . . . . .
.....
Belrtder# Del —l»t,«5s,e,1902.J.tl: 109
MOO
. Trunk—1st, 6a„ 1900.. 100
101
Con*. 4s. 1927........................F *A
§102
101 102
do
24
§ 98>s
M .A St.P.l*t, 8s, P.D.,1898. FA A 112 f*
il0 2 104
100% i06>«
P, D.. 2d M., 7 3-10s, 1898.. FA A 111
OhloA W. Va., 1st
8e, 1896........
JAJ ' 101 % 102
R.D.. tat, $ , void, 7s, 1902 ..J A J 118% ..... ; Col.Shaw. A H’ k .5*. 1899.................................... JAJ 101% 103
99 , 99%'i L A M., 1st M., 7a, 1 8 9 7 ..---- J A J \ 110 ; ..... I Equipm ent 6s. i
48,1905-6-7.......................... ..V ar
Fa. A Dak., 1st M., 7s, 1899.JAJ. 115 120 f Col, & We
4%*, 1903...............................MAN 100 102
Oon. A Mon.—B* C. A M.—
90% 100 !: CMC. A MIL, I s ! M .,7s, 1903.JAJ 118%
Boston A Main©•—?«. 1894.,....J A J
§111 112
95 j 97 ! Consol., 7a, 1 9 0 5 .------- . . . . . . J AJ a20%
*" *' . . .
97 {i 1st It., I. A D. Ext.. 7a, 190RJAJ 120%! 123
§ 98% 100
95
Do
48, 1937 ....F A A
....
1st M „6s, SMhweat D iv.l909JA J lu 8
09 •* 101
8 o«t. 4 P rovidence™ is, 1918.JAJ
35 L. . . . . . VVIMUt. («
§ 894i 90
[l03>* 105 IS 1st M ., 5a. I A C. A Dav. 1919JAJ
111 , So. Minn. 1st 6«, 1910.. . . . . . .JAJ 110 1 1 1 |jCorn.Cow
§101
92 j Hunt. A 2>afc,KjLlat,7«, 1910.JAJ 117
104
14 raortwr, 5», 1915................. JAJ
m
100
§105% 108
do
5-s, 1 9 1 0 .... ...J A J
fkMMft&e A B, B. l i t 5s, 1942 ,JAJ;
Qn.nm
m , 1937-----MAN Z l l Z l i m 'jj Cbie* A F m . Div. 6#, 1910 .. .JAJ , 1 1 0
. . . . . . ........
do
Went. Div., 5s.192i.JA J .****,1108%
B m m w . A W.—l « t t4»,£.»1938.JAJ;
120
102%; i Cbio. A Mo. Kiv. 5 h, 192 6.*..JAJ 98 1100
Ball. BW4.4 e
,7^/98.J AJ|
1 104% .....r_
•upon ■,
Mineral Ft. Div., 5a, 1910... .JA J: 97 1100
Boft.N. V^JUSrte—l » t , 7», -1016«X*1> 120
Oil©*
A
L.
Swi*.
Div.,
5%
1921
J
A
o
.
1
0
i
:
.
.
.
.
.
'
97
iS
o
j
*
1
126 >s
A pittab.—0<m*5s, i937j
V 125 . . . . . .
W li. A Minn. Div., 5s, 13 21,., JAJ 10$%L **...!
Boob. A P ., i » i, m* l y2 1 .... F A a : x m
11
z
T
erm
in
a
l
5a,
g
.,
1
314
.
.
.
.
.
.
.
.
J
A
J
.
103
103%
......... 95
Consol. f 1*4 8% 1 9 2 2 * . . . JftftDf
103 ! Dttbsnue Div,, 1st, 6s, I M C U A I d i l l : 113
ri . . . . . . 98
......
BcurLC. B. A N.—1*1.3*, 1998,. J Al>: 100% 101%
W!». A i . D iv., 1 st, 6s, m m j * j §164% 106
r| 74
7»>*
F a rg o A S o u tb .- 6*. urn. W U * J A J . . . . . . 1........ .
Gan*. 1st A <501. tl\, 5*« 1934.. A AOs m
1st 7 8, gold, 1
i 110 110
tog. ettfiv, 8. F. 5 ), 1916.»...*JA J
lo w * 0 .A We, 1st, 7s, 1989. m a s :
106%H t e r . , g., 5s, 1928.
I: 02
IMH A Gt. Sc, 5a* 1910......*JAJ 102
C. Rap. I . V .A N„1 •t,6a,1920, A AO
J 31% ,
do
let, 54, 1921 — . 4 AO■
I ....... - 75
(lea, g. 4a. »er. A ., 19 89... ..J A J
. ......
1st mort., guar,, 2%a, 1905
OtiSfttr. F i e , - l i t
1912 JAJ, i od
Ch'iONfo A N ortbw ea tcrii—
130
1st M„# on Ext.,guar, 4a, 190
.
ff
.135
Cot*.,’ 7 ii 191.5., -,.,.*****. *
, F
2 Mor. 6 «, if., T81 ,ext.at 4 4% . J AJ 05
'1 ......... 75
D el. B. C. A Alp.. i«tf6a,1913.
. . . . . . ! 60
3d M. <gaar. C. P .)f 6ft, I0U5.J&J 103
CotiacL. go! d, 7«, ep.» 190 %.,J A D 120 122
. . . . . . Det.G.Have&AMU.—Eunlp.OS;
do
3a, 1905.JAJ i 55
S in king fu n d , 6 s, 11*23........A A O m
<112 118
105 ;....... j Con. M ,t guar. 6s, 19 i - ........
c l 12 115
Cacaden A AtL—l» t , 1 b , g .,*93..JAJ.
do
5 «, 1 9 2 9 . . , . . .. ... A A O
Conaol. 6*, 1 9 1 1 . . . . ....... ....J A J
do
debent.. 5«,193^.MAN io i% : 1 0 7 %
& 80% 87
Camden, A Burl. Co., 0*, 1897.FA A ; 103 l o t : 25-yrs, deb. 5#, 1 9 0 9 ..••••••MAN 100 . . . . . .
S,5.........
Canada So.—1st 5#, guar., 190S J A J ; 104
30-yra. deb. 5s, 1 9 2 1 .. . . . . . .AAO 102 ...... . Dot. Mtdsk.A M.— Ixl. gr. 3%a, 8. A .!’ 23 1 24
. . . . . 1*2 ■Dub.A 8. C ity—let.2d lJiv ..'9 i JAJ | ....................
2d m e n .. 5a, 1 9 1 3 . . . . . . . . . . . MAS
97
E s te n . mis. i s , 1926 . . . . .F A A 15 .-----CapeF.AY.5L—U t8#3erte«A,U »16. . . . . .
92
:DtiluMi A Iron R .—lst,58,1937. AAO- . . . . . . : 99
£aean.ALJBap., 1st, 6s, 1901 Jf AJ ----1st 6s, Mr* JB, 1 9 1 6 ... ......JAD; . . . . . . 00
DuLIied W.dtS.—lst,5 s,g ,l 928. JAJ . . . . . . . . . . . . .
Dm M.A Minn’s, S«t,7s,1907.FAA
1st 6s, serial V . __________ .. J A D
|Duluth 8, Hh. A AtL—5«,1937*J*Ss J . . . . . . j 94
90 j Iow a Mid., 1*1 M., 8s, 1900.AAO
l«£ ,8»,g.,i9 29«lA J; . . . . . . 105 j Peolnaula, 1st, eon v ,, 7s.98.M AS
Dul. A Winn. U t f*ft, g. 1929 JAJ .....................
Oatawisea-- M ori., 7s. i D W .... FA A
Dunk.A. V.A P.—1st,7 h,g.. 1900JAD 105 1....... *
CMc. A MiL, 1st M 7ft, m . J A J 107
Cedar F. A Min,—1st, 7s, 1907. JAJ ' K " 98 ! W SaonaAS ?. P e t--2 d 7 «, 190751 AN 1 2 0
E. T. Va. A G a .- D l .7 s , 1900..J& J 106 108
OesU o f €Mu—lat.oon a .,7a,,93.JAJ
Divisional, 5«, 1 9 3 0 ... ..... .JAJ 100 105
98 102 ■
1st extension, 7 g ., 1916. JAD §126 130
Colial’l trust 5», 1937.. ....M A N
MR . A M ad.,
“ -1st,
' 6s,
* ‘1905.. .MAS
Consol. 5a, g., 1950.............MdtNi 8 9 % . .........
75
Chat. U . A Co L—5s, g,» 1937.MAS
45
47 ■ OW. C. F. * 8 t . P., *-». 11*09.,MAS .........10j
1st Ext., p n d , 5ft, 1937.......JA D
33 j ......... .
8av.A f « t „ le t, guar.,1929 MAS:
Euuip. A tnip., g., 5s, 1 9 3 8 ..MASj 55 j . ___ _
39 - X»rtl*. til*.. i*t. 5 » . V J 1 0 ...M & B
..1 0 3 * ,
Cincinnati Ext, —5a , g,1940FA-a ! . . . . .
m
! XMUaoa E xt.. l< !. T». 1 M 1.& A 0 12* .........
C m u cd K. J*—ic t e o u . 7a, *09.%~J 112
M'UujiuIb **- E xt., 1fit.7 ,. 191U A i> ! '. * — .. \ Mobile A Birin,, 1st, 5s» 1937.J& 4 ; ____
C o s fe t f. BtorfU 7st 1902. ... Ma N ] 114
K uo.x v. A 0 isio, 1st. 6a, i 925. J AJ | 97
S-jrt&ir e f t 'l l . ,
1917.» A S ‘ 12«
........
98
i 17 : Ala. Cent., 1 s t,6», 1 9 1 8 ......J A J 100
Oon? eft. deb«»U 0% 19 08.. MAN;
i.fiiic. *fe Toil:na. —1
M.vN e 1 12
G«ru mort., 5a, 1 9 8 7 ...-. ....J A J ; l m ' ’ 108%
( M w I t .* M o —U t . 7 , , ’94 K.k t i t)J 101 •East. AW. A Li. —1st, 6s, rec’ts. 1926! . . . . .
Bell. A W11.—'g m .7 * ,g „l 900, aa.Q 104%
1st mort , 7s. U>1U....... ...M A N ,121 | m % ! ‘ Ea*»temr Mass.—6s, g.,1906. .MAS §115 115%
M ortgage 5a, 1 9 1 2 ... ..... MAN'
Easton A A m boy—>L,5s, 1920M*kN; 100
m
'
2il mort., 7s, 1909, vtiar.. J.lti) ’ •104
k m » IlfcA Imp. C o., 5a,1921 .JAJ1'
' E. Bhoro Ter,—1st 5s, g „ 1915.FA A: ____
8. C.A P » f „ 1st. 6*.
J.V I ; 1 0 2
Cast**! Psse.-—tat, 8#, g* 1895.JAJ; 108
f i t t t . EllUk M«. V.—<M.t983A<kO •'•I t s 115% Ellmb.Dex.3c Big 8,—5s, 1902. MA8: 02% 95
la l, 68, f» M , 1 8 9 8 . . . . . . . . . . . . JAJ j 103%
do
do
,112 i 114 iB l m l m A W finapt— l i t 6a, 1010.J A J} 114 %
1st, 8§, gold, 1 8 # 7 ..» ....*„**.JAJi 103%
Chic.I*. ... 4 S t .L -t » t 5 > ),l928,M.toS . . . . •j 95 | 5s, 28 62.......... ....................... AAU 105
104%
. Erie A Pitts.—Con. M., I n , ’9 8 ,J a J :/ H 04
Book 1 st.tJlv.ooos.S#.*., 1941JA B ', . . . .
102
Eoufpinent, 7s, 1 9 0 0 ... .....A&Oj .........
C*»oe»4., 1st, g ,, Is, 1 9 3 9 ....MAN ---Mort., gold, 5a, 1 9 3 9 ... ..... A A O :
]123
]
i
E ureka Springs—1st,6s, I933.F A A j . . . . . .
Chti'.R.I.A P,«.-.-fi.s, 1917,Coup JAJ 121
€ .A O.
ext. 5a, g. t O l M A l i
:E vans ,A uifl.—1st,,g,,0s,.......*1924 . . . . . .
Chlossto A 8oiitliw rs'«r a . . . .........t lo7*,
iia
Land g. 8#, g., 1 1 )0 0 ...* ..... A A ii( 100
E stoo. A ool,5 s, 19!H .. . . . . . . JAwlf 9o 1*05% 1 1at, co n ,, guar,, 1 9 2 6 ..... ...J A J ; . . . . . .
Weal. P m tf* * le t, 8a, g „ '9 9 .. JAJ| 102
30 j t . -1*0., 5 ,. 1921............. M&S . . . . . .-j 9 i% 12vans.de T .Ii., 1st eon.,6s, 1-921,*f«kJ | 113
C^b I o f S. Car,—l » t 8a,’ 1921 ...JA i i 103 i o s ; Chic.A S t.1,,—1st Us, 1918...M & 8; .........
1 at gen, g . 5a, 1 9 4 * 3 .......... AAO j _____
Cbarie*.CIlB.. A 0,1 at g.5s, 1947.0 —J ;
Mu Vernon—1st, 0», g.,1923A ^O f . . . . . .
Ohio.St. 1. « P . -< on 7«.1932.A A 'l 103
GliurPfg CJoLAA.—€ocia.,7a/95.J AJ | m
But
Co. BP. 1st, g. 5s, 19 JO. A A Ol . . . . . .
Chi#. A Gt, East., 1st, ? » , 93-’ 95.1 lOd
$ 4 taort., 7a, 1 9 1 0 .... . . . . . . AAtii
112
Col.A lad . C.. 1st M ..7s, 19<MU.|AJ‘ 110 :.......... Evans. A Rich.™ 1st-5 g.l,928.M A 8‘ ........ ;# i* 4
CfeaaoL, gold, 8a, 1983 ......J A J ' . . . . . . 101
Evansv.T.H.AOhL—1st,
6e, g. 19u0yiuO
do
2d M.Ts.lStU.MAN 103
C ta rfia r a -1.at, 7a, 1 9 0 1 ... .... A AO I
24, 0S, gold, 19 00........ ..... .J A J 0100
0n.A Lofansp.,1 st,7s» 1 905.A A i t 109% . * . «
Ubaa.AOiilo.—Par.njoney fd .,8e*88
Fitchburg—5a,
1899-1903......
Var >100
Tu
102
CWcagfi St. P o o l dt Kansas City .........
B&rtm A, 8§, 1 9 0 8 ... * ....... AAU; i i i
xo«
Priority 5s, lH J i.................... JAJ <101
103 - 5s, iy o 8 ..... ................a.......... m a n Si o4
for| p| B 8a, 1 9 1 1 ...... ....A A O ; 113
Cbit’ .St-P.Min.&Om. --Con.fis, 19j o ----- : n s
104
I 6a, 1897___ . . . . . . . . . . ......A A O c-’
~~
in
§102
0, A O. By, le t 5a, 1 9 3 9 ..... MAN
! l a , April, 1 8 9 4 .....................A A O } 99*, 101
100 i Ch.8t.P.& Hina. lst.tis,U>18M.».s 120
06BasNd 4%a,
1 9 9 2 ....... MAS* 73*# 73S,
1 4%a, 1 8 9 7 ..............
...M & 8 5 97
90
8t. PaulA 8.C i;j . 1st Gs.1913.AAU 119
latC ooaoi. K. a A .2-4.1988.JAJ * 78
. . . . . . ChlB.dt W -tn d .-8 .fil.6a, 1919 MAN . . . . .
, 4ft, 1907................................ ..AifeU
do
do
4#, 1989, .M AJ | 78
BoftLILT. «k West., deb. 5s,. 1913.
Q u u m lm ofV ,, 6s, 1932 . . . .Q—M 108 1110
2d do
do
4a, 1 9 8 9 ...JAJ
Flint A P. Marti.—M. 0a, 1920. A AO 111
70
« t l . A IV, M idi, lloti.r.s, 1921.JAU } 7 T H 78
Craig YaL 1st 5% g.. 1940.. .JAJ
, 72„ : Citi. Day. A I.—l»t,g.,5«,I941.M A N
lat, eon., gubl, .5a, 1 9 3 9 ..... -MAN
9*
i
1 Cta. Door*. A Ports.—6a, 1901AAO J ........ .. ...
CTbee. U. A 8.W .—M.bs, 1911.. FAA
95
Port Huron Div. 5s, 1 9 3 9 ..........
2d in ort, 6a, I S fit .. . . . . . . . . . FA A
F a . C. A Pen*— Ut, g., 3*,1918.JvJ 103
--■nr
O n . Haro. A Day,—Commit 5«A A .u , 99 1tv2
05
Cbaabire—da, 1896-98 .............. JAJ io o % ; 104
92>a SIS
1st, eon 5a. g ., 19 43.. . ... ...J A J
C onsol.S. F ..7 s, 1907.......... AAO 113 ;120
85
4a, 1 9 1 0 . . . . . . . . . . . . . . . . . . . . . . JAJ
Ft. Worth A Deuv. C.—lat, 08, 1921! 84
Consol, mort., 6s, 1905.---- .A A O v108
112
0&M$. A Alton.—
2d mort.. goM , a-ss. 1937. j a j
9 0 7s 92*s FuW.ds Rio 0 . 1st 5ft, g., 1928 JAJ
00*% 02
io o
<114 118
O b . U, A 1.. 1st M.. 7a, 1903.JAM ',100 luO** iGaS.Har.ABauAnu—let,0a,g. 1910. i
90
100
112
C.I.St. L .A C .—l s t g . 4s, 1836,q —F .................... ! 2d mort. ,7 a , 1 9 0 5 .............. J A D
Louis’a & Mo. H*»l a t, 7a , 1900FAA
92
Con. 6s. 1 9 2 0 ............. . ........ . . . .................... } Mex tkP.Div, 1st, 5s, 1 9 3 1 .MAN
do
2<t, 7a, 1900 MAN
To
lndlanap.C . A h , 7s, l897..1t'vAA
.. . . . Gai.Hou».«k Hen.—1st,5s, 1913AAOi
•t.L.Jaoga*v.A C.#lat,7s,*9i. AAO 103
Cto. D a f.A C -l* i.7 s ,K .l»0 1 .M A 8 U 1 0
US.% G eorgiar-08,1 9 1 0 . . . . . . . . .....J A J ....... . 102
4.. I?aod. .A
*K
, ,>r
Is- »** 1
UKA*I .A*t
9u
do la l gaar,<564),7a,’94AAO 103 ......... Cln.
A
Nor.—1st,
iOl^OfAJU-------*
..... Georgia Paeltte—lat. 6a, 1922. J&J! 88
42
do 2dM. (300), 7a, *98,. JAJ
O o u . 2d ixtorU, 5s, g,, 1 9 2 3 ... AAO!
<In. Rich. A C bic.—lat. 7 « ,’bo.JA J
03** 102
12
do 2d goaar. tl8 8 ) 7a,*98.JAJ |
8
Con, income, 5s, g., 1923 ... \ sO
On* Rich*A F. W.—lat,7af1921JA D ]§ll2
MJta*Par.Bridge,
912 i o o “ j : : : : : : ;
Ga.Cawii.3cN o.—1st,5s,g.,1929*J & J; ......... 98
O iL A A L B d g e.- i»| 0 s,g .,l9 l5 .J AJ
Ga.8o.dcFi. - U t0 8 ,tr .r ^ i9 2 7 .J & J j . . . . . 85
7a, guar., JUS.A M.B., 1902.. A a d :- h o L
O&ic, Bor!. A Nor.—5 a, 1826.. A AO 100% d b l " •
Gr. ttap. A la d .—1st* i.g.* g’d* 7 «,g.' 110
! Clear!. A JelL—lat, 6s, 1927., .JAJ j . . . . . . .
2d 6§, 1 9 1 8 ..................... ...J A D - 5 97 I 99 !jO er* Akron A Col.—
1st' M/,7b»L g.« gold,not guar, AA* t 110
©«, 1890 ..... ..........J .v l t
General 5s, 102**
------ M,«8
Gen. M „ g . , 5e, 1 9 2 7 ........„ M 4 S ' 97%'
Pd ! 97
% q t £ p m m i 5«> 1.803, rti-o f ,h..
VI11skeg*m DIV. •'s. Aa2 < *...4 v J .. ft *h Y~ •>
1 09 1 Ktittip r . ’il 2d .4.. 10-40a,..Fa*A f ©0
■■Ala. B. a <4.—*4,*mw., ?*, t wi., .j
• 117 :1 1*?W |l.Wt , A
lU't'f »**f!

via"

« pays a#eanneN

- 1 i AJBUMRt* a

in Kranttfor;.

THE CHRONICLE,

460

UEMEtiAL QUOTATIONS

OP STOCKS AND

[VOL, LVII,

BONDS— C ontinued.

F o r E x p la n a t io n s See N o te s a t H e a d o f F ir s t P a g e o f
R a il r o a d B o n d s.

Ash

Bid.

R a il r o a d B o n d s .

Bid.

Ask.

Q u o ta tio n s ,
R a il r o a d B o n d s.

Bid.

Ask

Lousv. &Nashv.— (Continued.)
N .Y .C .& Hud.Riv.—(Continued.) Unified 4a, g., 1 9 4 0 ................. J&J
Mohawk & M .ls t,4 s ,g .l9 9 1 .M & S t 00
102
77*2 78
Pensa. & A tl.—1st,6s,gu,’ 21. F&A
N. f.C h io.& S t.L .—1st,4s,1937. A&O
93»g 94*f:
Col. tr., gold, 5s, 1 931....... M&N ”9 9 ”
N. f . & Greenw’d L .—1st M. Inc. 6s
8. & N. A l. 8. f. 6s, 1910. ...A & O 110
2d mortgage income, 6 s .................
Consol. 5 8 ,1 9 3 7 ...................F&A
94
100
N. i. &Harlem—7s,coup.,1900.M&N 118% 119
Nask.F.&S.lstgd. g.5s,1937.F& A
971, N. i . Lack.& W .—1st, 6s, 1921.J&J 120*5 125
L’s V.N.A.& Chic.—1st,6s,1910. J&J 101
2i d, 5s, guar., 1 9 2 3 ................ F&A 105
107
103
Con. mort. 6s, 1 9 1 6 ................A&O
94% 97*,
Term. & linpt. 4s, 1 9 2 3 ........M&N
General
m.
g.
5s,
1
9
4
0
.........
M&N
67*s
New
York Lake Erie & Western—
681,
..........
C. & I. Div., 6s gold, 1 9 1 1 ...F&A
1st ex. 7s, 1 897........................M&N 105
110
64% Lou. R y.C o.,lst c.. 5s,g.,1 9 3 0 ..J&J §108
2d mort. extended,5s, 1 9 1 9 .M&S
Louis. St. L. &T.—1 st 6s,g.l917.F & A
47*2
3d M. extended, 4 * 5 8 ,1 9 2 3 ..M&S 102
107
1st con8. 58, g., 1 942............... M&S
4th M ., extended, 5s, 1 9 2 0 .. A&O 111
Louisville Southern 5 s ............. J&J
60
5th M ., extended, 4s, 1 9 2 8 .J&D 100
Macon & Nor.— 1st 4*28, 1 9 9 0 .M&S
1 st eons. M ., 7s, g .,1 9 2 0 ........M&S 126
30
Manhat. E l., consol. 4s, 1 9 9 0 .A&O
92% 95
1st cons. fundcoup.,7s,1920 M&S 121
Metrop’n
E
l.—
1st,
6s,
1
9
0
8
..
J&J
114*2
115
Reorganizat’n 1st lien, 6s, 1908
........
2d 6s, 1 8 y 9 ....................... .M&N 106%
Long Dock eon. g., 6s, 1935 A&O
N .Y.Elevated.— 1st, 7s, 1906. J&J 109% 110*4
New 2d cons.es, 1969 ........... J&D
75*5
75
.........
Maine Cent.—Mort. 7e, 1 8 9 8 ... J&J ?
Collateral Tr. 6s, 1 9 2 2 ..........M&N
Exten. bonds, 6s, g., 1900...A & O £
106
Funded coupon 5s, 1 9 6 9 ___ J&D
Cons. 7s, 1 9 1 2 .......................... A&O §130
134
105
Gold income bonds, 68, 1 977 ___
Cons. 4 *28, 1 9 1 2 .......................A&O § 97*2 103
110
Chic. & Erie 1st 4 -5 sg . 1982.M &N
92*4
112*s
Leeds & Farm’g t’n, 6s, 1896.J&J
Income 5s, 1 9 8 2 ............................
30
35
Portl. & K.,Coi)s. M 6s, ’ 9 5 .A & 0 § 99*2 ib o “
113
Dock & Impt. 1 s t,6s, 1 9 1 3 ...J&J
Debenture, 6s, 10-20&, 1 9 0 5 .F&A
N .Y . &L. Br’ch— 1st, 5s, 1 9 3 1 . J&D
Marie.& Phoenix—1st 6 s,1919.M&N
N. Y. N. H . & H .ls t r . 4s,1 9 0 3 . J&L 100
Mar’ta& N .G a.— lst,6 s,g., 1911. J&J
N.Y.& North’n —1st g .5 s ,I9 2 7 .A & 0 104
Consol., 6 g., 1 9 3 7 .................... J&J
2d gold 4s, 1 9 2 7 ...............................
1*2%
M arc.H .&O.— ,s, 1925(M .& W )A & 0 §102 102*s N .Y .O n .& W .-C o n .5 s ,g .,1 9 3 9 . J&D 105
106
Memph.& Chari.—1st,7s, 1915.J&J
Refunding, 1st, g., 4s, 1 9 9 2 .M&S r 80
98
81
2d mort., 7s, extended, 1915.J&J
95
75
N. Y . & N. Eng.—1st, 7s, 1 9 0 5 .J&J 5112% 114
1st consol. 7 8 ,1 9 1 5 .................. J&J
80
1st M ., 6s, 1 9 0 5 ......................... J&J 5105% 106
95
1st, cons.. Tenn. lien ,7s,1915 J&J
2d m .,6s, 190 2 ..........................F&A 5 97
98
97%N. Y . Pa. & O.—Prior lien, 6s, 1895 n o 2
Gold, 6s, 1 9 2 4 ............................ J&J
108
2d 6s, 1 8 9 9 ............................. M&N § .........
do
1st 7s, 1 9 0 5 ............... e 22% 2 3 %
2d mort. ino., 5s, 1 9 1 0 ................. e 2
Met.W.Side E l.1st 5s, g .,1 9 4 2 .F&A
3
%
115
Mex. Cent.—Consol. 4s, 1911.. J&J $ 4 7 % 48
3d mort. ino., 5s, 1 9 1 5 ................... e
1%
65
12
1st con. inc. 3s, 1 9 3 9 .............July
Equip. Trust., 5 s,1 9 0 8 ..........M&N * 96
11
93
2d con. inc. 3s, 1 9 3 9 ............... July
N .Y . Phil. & Nor.—1st, 1923 ..J& J
100
7
8
M exicanNat.— 1st, 6s, 1 9 2 7 ..J&D t 84
Income 6s, 1 9 3 3 ......................A&O
84%
122
2d M .,Ser. A ,in c .,6 s ,1 9 1 7 ...M&S - ------- . . . . . . N. Y ., Prov. & Boston 7s, 1899. J&J
2d M ., 8er. B, inc.,6s,1 9 1 7 ..April
N .Y .S .& W .-ls t refnd.,5s,I937.J& J 102*5
85
Mich. Cen.—Consol., 7a, 1902.M&N 120
2d mort., 4*58, 1 9 3 7 ................F&A
92
Gen. m. 5s, g, 1 9 4 0 ............... F& A
Consol. 5s, 1 9 0 2 .......
M&N 103
90
Term.
1st,
g.,
5s,
1
943.........
M&N
6s, 1 9 0 9 ....................................... M&S
101*5
MidFd of N. J.— lst,68,1910.A<vO 113
5s, coup., 1 9 3 1 ...........................M&b 107
97
Norf.&Soutb.— 1st g., 5s,1 9 4 1 .M&N
Mortgage 4s, 1 9 4 0 ................... J&J
100
Newo’g Dutch.& Conn.— rncs.1977
J. L. & Sag.— 1st ext. 5 s........1901
Det. & B. C., 1st 8s, 19u2 ..M & N §113* i'1 8 " Norf. & W est.—Gen., 6s, 1 9 31.M&N 118
New River 1st 6s, 1 9 3 2 ........ A&O 102
118
Bridge 8s, 1 9 0 3 ............................. §114
Impr. & Exten., 6s. 1 9 3 4 ___ F&A £103
106
%8
Bat.C.& S.—1st gu.g.38.1989. J&D e 76
Adjustment 7s, 1 9 2 4 ..........Q.—MJ 100
Midd. Un. & Wat.Gap—1st,5s, 1911 § 90
Equipment, 5s, 1 9 0 8 ............. J&D t 76
75
2d 5s, guar. N. Y . 8. & W ., 1896.
Clinch V. D ., 1st 5s, 1 9 5 7 ....M & S e 80
85
Midland of Indiana 5s..................... 5 9 7 % 101
Md. & W. Div. 1st 5s, 1 9 4 1 ..J&J e 78
82
Mil. Lake 8h. & W .—6s, 1 9 2 1 .M&N 121
123%
Conv. deb. 5s, 1 907................F&A
Debenture 6s, 1 9 0 5 ................M&S
E xt. & Im p. 8. f. g. 5s, 1 9 2 9 ..F&A 101
Roan. & So.1st g.gu.5s,1 9 2 2 .M&3
97
Mich. D iv., 1st, 68, 1 9 2 4 ........J&J 114
So. Side, V a., ext. 5-6 s........... 19oO
97
Ashland D iv., 1st 6s, 1 9 2 5 ..M&8
do
2d M .,e x t. 5-6e___ 1900
do
3d M ., 6s, ’96-1900.J& J, 97
Incomes, 6s, 1 9 1 1 .................. M&N
95
St. P .E . & G r. Tr’k, 1st, guar., 6s. . . . . . . . . . . .
Va.& Tenn., 4th M ., 8s, 1900. J&J 110*2
92
97
do
extended 5s, 1 9 00.J&J;
109%
Mil. & No.—1st, 6s, 1 9 1 0 .... J&L
80
100-year mort. 5s, 1990 ........J&J e 75
110
1st, consol. 6s, 191 3 ................J&L 107
32
do
Nos. above 1 0 ,0 0 0 _____ 1
Minn. & St. L .—1st, 7s, 1 9 2 7 ..J&L 100
1st M ., Iowa City&W ., 1 9 0 9 .J&L 103
North. Pae. Coast 1 s t6 s ..........M&N 102
LakeE .& W est.109
North Penn.— 1st,7s, 1 8 9 6 ....M & N 105
South w e8t.E xt.,l8t,7 s,1 9 1 0 . J&L
95
Gen. m ort., 7s, 1903 ................J&J
Pacific E xt., 1st, 6s, 1 9 2 1 .. A&C
95
Lake chore & Mich. So.—
112
Im p. & Equip. 6s, 192 2........... J&J
Debenture 6s, 1 9 0 5 ................. M&S
112
102
110
Northeast.,S.C.—1st M .,8 8 /9 9 ,M&S
Minn’p. & Pac., 1st, 5s, 1 9 3 6 .. J&J e 98
110
2d m ort.. 8s, 1 8 9 9 ...................M&S
Minn. 8. Ste. M. & A tl.—1st,4s, 1926
120*2
106
110
Consol, go ld ,6 s, 198 3 ......... ..J & J
96
Consol. 4s, 1 9 3 8 .........................J&J e 94
100
117
Northern,
Cal.—1st,
6s,
1
9
0
7
..J&J
116%
M o.Kan.&T.—1st, g., 4 s,1 9 9 0 .J&D
76*2 77%)
100*^
119
125
Consol. 58, 1 9 3 8 ....................... A&O
2d, g. 4s, 199 0 .........................F&A
38 % 39
100
109
Northern
Cent.—
4*58,
1
9
2
5
..A&O
Kans. C. & Pao. 1st 4s. g . F&A
Kal.A.& Gr.R.—le t
2d mort., 6s, 1 9 0 0 ....................A&O
Dal. &Waoo l8t,gu .,5 s,1940.M&N t 72
Lehigh Val.—1st, 6s,
1 (5
Con. m ort., 6s, g., coup., 1900. J&J
Mo. Pao.—Consol. 6s, 1 9 2 0 ...M A N
Con. M.,sterling, 6 g
e l0 3
3d mortgage, 7s, 1 9 0 6 ......... M&N 103
Mort. bd8., 5 8 ,1 9 2 6 , series A J&J 106
105
2d m o rt.,7 s, 1 9 1 0 ..
l%5%j
do
series B ............................. 107
90
Trust gold, 5s, 1 9 1 7 ................M&S
Cons. M. 6s., 1 9 0 4 .....................J&J
Col. trust, 5s, 1 9 2 0 ..................F&A
117*2
93
Con. mort, stg. 6s, g., 1 0 0 4 ...J&J
Lexington D iv., 5, 192 0 ....... F&A
Leh.Y. Ter.99
U n io n R R — 1st, 6 s,en d .C an t.,’95
Pac.of M o.,lstex.g.4s,1938.F t& A
97
10S7s
100
Northern Pac.—Gen., 6s, 1 9 2 1 .J&J 106
2d 7s, 1 8 9 1 .............................J& J
92
^05
108
Gen. land g r.,2 d , 6e, 1 9 3 3 ...A&O
Y e r’sV y.Ind.& W .lstds, I926M &S
L . Rock & F t,8 .—1st, 7s, 1 9 0 5 ..J&J § 84*4 84*2
Gen. land gr., 3d, 6s, 1937...J& D
70*2
Car. Br., 1 s t , 6s, g. 1 8 9 3 ....A & O
L ittleR .& M em.—lst,5s,1937.M & 8
25
32
99
St.L.I.M .&S.—1st ex. 5s, ’97.F & A
Con. L. G ., g. 5s, 1 9 8 3 ..........J&D
35*2 37
Long Island—1st M .. 7s, 1898.M&N 109
2d. 7s, g., 1897 ................... M&N 101
Dividend scrip ext. 6s, 1907.J&J
1st consol. 5s, 1 9 3 1 .................Q—J n o
99
Pen D ’Oreille D iv., 6s, 1919..M &S
Ark. Br. 1. gr., M ., 7s, g., ’ 95.J&D 100
102
99
91
95
Mo. Div. 6s, 1 9 1 9 ................... M&N
Cairo Ark. & T .,1st,7s,g.,’97.J&D
100
Gen. oon. r’y & 1. g., 5 s,1931A & 0
James R iv.V al.— lst,g .,6 s,’36J&J
73
Spokane & P al.,1st 6s, 1 9 3 6 .M&N
M obile& O.— ls t ,g ’d, 6s, 1 9 2 7 . J&D 108
N. Y .& R ’yB ’eh, 1st g.os,1927. M&S 100
Helena& Red M t.lst,6s,1937M & S
1st Extension 6s, 192 7.......... Q—J
2d mort. inc., 1 9 2 7 .................... S
77*2 105
37 *s
Dul. & Man., 1st, 6s, 1 9 3 6 ...J&J
52
51
Gen m ort., 4s, 1 9 3 8 ................M&8
N .Y .& Man. Beach, 1st 7s,’9 7 ,J&J
95
Dak. E xt., 1st, s.f. 6s, 1937. J&D
8t.L .& Cairo—4s, guar., 1931. J&J
80
N. Y . B. A M. B .,ls t con. 5s, 1935
57
No.Pac.& Mon., 1 st,6s, 1 9 3 8 .M&S
Mont. & Eufaula, 1st 6s, 1 9 0 9 ..J&J
87
Brook. & Mon., 1st 6s, 1 9 1 1 .M&8 100
Coeur d’A l .,l s t ,g ., 6s, 1916.M &S
Morg’n’sL a .& T e x .,ls t>68,1920J&J 100
18* 0 8 ,1 9 1 1 ........................... M&S
95
do Gen. 1st g., 6s, 1 9 3 8 ...A& O
1st mort., 7s, 1 9 1 8 ................. A&O 110
2d, f s, 1 9 3 8 .............................J&D
Cent.Wash’n, 1st g.6s.l933.M & S
Morris & Essex— 1st, 7s, 1 914 M&N 130
L. I City&Flu. 1st 6 8 ,1 9 1 1 .M&N
Ch. & N o. Pae. con. 6 g .l9 4 0 .A & O
45 % 48
Conv. bonds, 7s, 1 9 0 0 ..............J&J 105
Lou’v.E v.& St.L—1st,6 s ,1926. A&O
North.
P. Ter. C o .- l s t , 6s, ’33.J&J
106
113
General m o rt.,7s, 1 9 0 1 ........ A&O
E R . & E. Div., 1st, 6 s,1921.J&J
100
N. W. Gr. Trunk 1st, 6s, 1 9 1 0 ..J&J 100
130
Consol, m o rt.,7 8 ,1 9 1 5 ........... J&D 127
2d mort., 2-6s, g., 1 9 3 6 ...............
60
leO
IN. W. Nor. Car. 1st 6s, 1 9 3 8 ..A& O
102
Nashua & Lowell—5s, 1 9 0 0 ...F & A §100
H . T. C. & C. 1si 6e,g., 1 9 2 7 .A & 0
Norw’h &Wor.—1st M .,6 s .’9 7 ..M&S >105 107
Nash.Chat.&S.L.—ls t,7 s,1 9 i3 .J & J 121*5
Consol. 5s, 1939..............
j &j
103*2
>103
O
gd.&
L.Cham
.-Cons.6s,1920.A&O
68
105
2d mort., 6s, 1 9 0 1 .....................J&J
Loaisv.& N ashv.—Cons.l8t,7s,189S 108 *a
Income, 6s, 1 9 2 0 ................................
103
Consolidated gold 5s, 1 9 2 8 ..A & O
OecllianBr., 7s, 1 9 0 7 ............M & S 100
Ohio I. & W.— 1st pfd.5s, 1 9 3 8 .. Q-J
New Haven & Derby—Con. 5s, 1918 100
O. & Mobile. 1st 6s, 1 9 3 0 . J&J 113
Ind. Bi. & W .—1st, pf., 7s, 1 9 0 0 .. 105
6s, 1 9 0 0 ............................
_.F& A'§ 105no
do
2d, 6s, 1 9 3 0 ....J & J
O. & M iss.—Cons., s.f., 7 s,1 8 9 8 .J&J 105*2
100
113
New Haven & N ., 1st 7s, 1 8 99.. J&J ;§ilO
E. H . & N ., 1st 6s, 1 9 1 9 ........J&D
Cons, mort., 7s, 1 8 9 8 ............ J&J 105*2 107
Consol. 6s, 1 9 0 9 ...................... A&Ol§L17*4
GenT mort., 6s, 1 9 3 0 ............. J&D 112*€
110
2d consol, mort., 7s, 1 9 1 1 ...A & O
100
N. J. Junction, 1st, 4s, 1 S 8 6 ..F & A )’ —
Lou’v.C .& L ex.—1st,7 s,’97 ..J&J
115
lst.Hpringf. D iv., 7s, 1 9 0 5 ..M&N
N. J. & N .Y . —1st, 6s, 1 9 1 0 . . -M&N |§100
2d mort., 7s, 1 9 0 7 ................A&O
1st
gen.,
5s,
1
9
3
2
.....................
J&D
New LondonNor.— lst,4e,1910.J& J §100
100*5!'
Mem.& 0 .,s tl., M .,7s, g .,1901 J&D e l l 4
Ohio River R R .— 1st, 5s, 1936. J&D
118
N. J.Sou.— 1st, 6s, 1899 int.gu.J&j §100
M.
&Clark8v.,8t’g,6s,g.,1902
e l0F&A
6
109
Gen. gold, 5s, 1 9 3 7 ..................A&O
N. O. & Northeast.—Prior 1.68.1915
Pensacola Div., 1st,6 b,1 9 2 0 ..M&S 102
103
Ohio Southern— 1st 6s, 1 9 2 1 ... J&D
107
116
N .Y . & Can.—£ M ., 6s, g., 1904.M&N e l l 4
56
fl't. Louis D iv .. 1st, 6s, 1 9 2 1 ..M&8
Gen. M. 4a, 1 9 2 1 ......................M&N
N .Y .C .& H .R .— 1st ep .7s,1903. J&J 120*4 123
do
2 d .,3 s „1 9 8 0 .M & 8
jOhio Valley—Gen.M .,5 g .,1938.J&J
Debenture 5s, 1 »8 4 iy 0 4 ...M & 8 104*s?
104
’
Leb. Branch Extension,1893A & 0
■Old Colony— 6s, 1 8 9 7 ..................F& a
do
5s, 1889 1 9 0 4 ...M&S 102
*»asb. & D e o., 1st 7s, 1 9 0 0 ...J&J
101
117
6s, 1 8 9 5 ........................................J&D
do
4s, 1 8 9 0 -1 9 0 5 ... J&D
Bo. A No. A la ., 8. F. 6a, 1903M&N e l09*' 111
101
Deb. 4s, g., 1905, ext., M&N........
1C0% ! 7s, 1 894 ......................................M&S
Ten-forty 6s. 1 9 2 4 .......
M&N!
103
119 | 4*28, 1 9 0 4 .................................... A&O
Sterling m ort., 6s, g., 1 9 0 3 ...J& J CL16
50- vppt irolA
193*7........ M&N I
100
P9
4*ss. 1 8 9 7 ................
J&DI
123
Gouv.& O sw .lst 5s, g. 1 9 4 2 ...J&D e ' 18
G r.B ayW .& St.P.-lst.oon.5P,g.l911
2d Inc., 4 s ................................. 1906
26
G t. North.—Col. tst,4s,g..l902.M & S t 85%
H a n .& S t. Jo.—Con. 6a, 1 9 1 1 ..MAS 110
Harrisb’g P .,& e .,lst.,4 s,1 9 1 3 .J & J
H art. & Conn.West.—5s,1 9 0 3 .J&J § 80
Housatonic—Cone. 5s, 1 9 37. M&N 102*4
if. & Texas Cen. 1st g. 5s, 1937J&J
Waco & N. W ., 1st, v s ,g .,1 9 01.J &J
Cons. g. 6s, 1 9 1 2 ...................... A&O ........
Debenture 6s, 1 8 9 7 ................ A&O
60%
Gen. g. 4s, 1 9 2 1 ....................... A&O
Debenture 4s, 1897 ................A&O
9
*%
Hont.& Br. Top—1st, 4s, 1 9 2 0 .A&O
Cons. 3d M . 5s, 1 8 9 5 ............. A&O 100*2
ICO
Illinois Cen.— 1st,gold,4s,1951. J&J
92*s
Gold, 3 *2 8 ,1 9 5 1 ......................... J&J
Col. tr., gold, 4s, 1 9 5 2 ..........A&O 100*2
Cairo Bridge—4 s, 1 9 5 0 ......... J&D 100
Bpringfleld D lv ., 6s, 1 8 9 8 . .J&J
Middle Div. reg. 5s, 1 9 2 1 ... F&A
Sterling, 8. F ., 58, g., 1 9 0 3 ..A&O * i o i
Sterling, gen. M .,6s, g ., 1895. A&O el0 3
Sterling, 5 8 .1 9 0 5 ......................J&D elC6
C h ic.S t.& N .O .-T .l’n ^ W . M & N 109
1st con.7e, 1 8 9 7 ........................... 108
2d, 6s, 1 9 0 7 ............................ J&D
5e, 19 51, gold......................... J&D 1*12*2
95
Mem. D iv., 1st 4s, g., 1951J&D
Ind. D. & W .—Gold, 5s,1 9 4 7 ... A&O
2d m. inc. 5s, 1948 ..................J&J
Ind. D eo.& 8p.—lst,7 s,1 9 0 6 .A & 0
65
Ind. His. & la .—1st 4s, 1 9 3 9 ....T&D
Ia d ,polis& St.L.—le t,7 s , 1 9 1 9 .Var. §110
Ia d ’apolis&Vin.—1st, 7 s,1 9 0 8 .F&A §110
2d mort.. 6s, g., guar., 1 9 0 0 .M&N §100
International as Great Northern.—
1st, 6 8 , 1 9 1 9 . . . ..........
M&N
Do
coupon off........................ 109
59
2d, 4 ^ —58, 1909.......................M&S
20
3d, 4s, g., 1 9 2 1 ......................... M&S
Iow a Cent.— 1st g., 5e, 1 9 3 8 .. J&D
78*4
I ’aFaH s & 8. C.—1 s t,7 s ,1 9 1 7 .A&O §118
Jack.T. & Key W .,ls t 6 g .,1917. J&J
Jefferson—1st 5s, g. Erie, 1909. A&O
Jeff. M ad.& Ind.—le t,7 s ,1 9 0 6 .A & 0
2d m o rt.,7 s, 1 9 1 0 ..................... J&J
Kanaw. & Mich., 1st 4 g .,1 9 9 0 .A & 0
Kansas C. Belt, 1st, 6s, 1 9 1 6 ..J&J
K an. C. Clinton & 8pr.—1st,5s,1925
Pleas. H ill & De Soto, 1st, 7s, 1907
K .C .F.8c.& M em .-l8t,6s,1928.M & N
K.C.&M .R y & Br. 1 st 5 g ,1929.A&O
Current River, 1st, 5s, 1 9 2 7 .A&O
K.C.Ft,Scott& G.—1st,7 s,1908 J&D
K an. C. M. & B . - l s t , 5s, 1927.M &S
Bir.,equip., 6 g., gu., 1 9 0 3 ... M&S
K.C.St.Jos.& C.B.—M .7 s,190 7 J&J
Nodaway V al., 1st, 7s, 1 9 2 0 . J&D
Kan. O.Sub.Belt.—1st 1920 6s.. J&D
Ken. Cent. B y .—Gold 4s, 1987.J&J
Kentucky Uu 1st M .,5 s .l9 2 8 .J & J
Keokuk&DesM .—ls t.5 s 192c

80
24
86

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

......

.....

* Price apaiipa;.

& Purchaser also w y a accrue i iutvreiC.

c l a London,

I Coupon oil.

r In AmsuercUm.

; I a CianM ort, Garnuuiy.

THE CHRONICLE.

S eptember 18,1893.]

GENERAL
For

R ailroad B onds.

QUOTATIONS

OF STOCKS AND

E x p la n a tio n * See Notes at M ea d
Bid.

461

R a il r o a d bonds

BONDS— Con-tin-OKI).
o f F ir s t P a g e o f ( {n o ta t io n * .
Bid.

Ask.

R a il r o a d an d M iscel . B o n d s .

Bid.

Ask.

it.L ,A 8.F.—2d 6s, el.A.1906.M AS 104
85
Oregon Short-L., 6s. 1922 . . FA A
87"~
lo t
2d SI., 6s, class B, 1906....... MAN 101
Utah South.—G en .,7s,I9 09..JAJ
90
109
2d M., o , class C, 19 06....M A N 103
do E x t.ls t,7 s,1909 JAJ . . . . . . 90
100
120
1st m. Mo. A W. 6a, 1919 ...F A A e llO
Utah A Nor.—1st 31.7s,1908.JAJ
Equipment 7a. 1895............... JAD ICO
Gold 5s. 1926....................... JAJ
General inert.. 6s, 1931.........JAJ 103
U .P.D en.AG ulfcon.,5.g.,1939. JAD
48
82%
U. A Bi. R.—Con. 4s, g, 19 22.,JAJ
y9
General m ow., 5s, 1931.........JAJ
1st trust, g., 5a, 1987........... AAO
88
U tieaG B n.A B lng.lst 5,1939...JAJ 5........
"s i"
Valley of Ohio—Cod . 6 s. 1921.MA3
Con. gu. 4s, S-, 1990..............AAO
To
Ver, A Mass.—Gnar. 5s, 1903.MAN §103 1*05
Kan. C. A S w „ lBt,6s»K„1916,,JAJ
Va. Midl'rt.—lstser.,6 s, 1906.31 AS 105 110
F :.8.A V.B.Bd.,let,6s, 1910. AAO
Too*
8U ..K .AS ..W. -1st 6s, 1910MA8
2d Beries, 6s. 1911................. MAS 101
Kansas Mid.— 1st, 4s, 1937. J a D
O x .A C ia r k .-ls t, p .A Lgu. 6s. MAN! . . . .
3d series, 6s, 1 9 1 6 .................MAS 101
8
l
Louis
Salem
A
A
rkausas-S
s.
1
78%
4th
series, 3-1-os, 1921.........MAS
t guar., 6a 1 9 3 7 ..MAN' . . . .
105
St, L. W. A W., 6s, 1919.......MAS 1110‘s
5th series, 5s, 1926................ MAS 03
Panama- St.-rFgM.. 7s, g. '97. AAO e t o l
107
99
it.
L.
V.
A
T
.
H
.le
t
M
„
7
s
,’87.JAJ
106
General 5s, 1936................... MAN 77
Subsidy bonds, 6s, 1 9 tu — MAN « 9 8
77
Penn. EK.—Gen. M. 6 «,e , 1910. JAJ 125%
2d murk,, 7s, 1893.................MAN
do
guaran ieed. stam ped
id , 7a, guar., 1898................MAN
Wabash—1st gold 5s, 1939. .MAN 102? b 103
Cone, M.. O s.cp.,'05.J.1 5 A D. 15; 115
7'A
it P. A Dalutli—1st, 5S.1931.FAA
2d gold 5s, 1939..................... FAA
Consol. 5s. cp.. 19 19----------- MASi -----73%
103
2d mart., S h, 1917..................AAO
Deb. mort.,series A , 1939___JAJ
Con.,. 4, g „ 1943 ................... MAN } . - - 24
3t.P.Mmn.A M an .-lat78.1 909 JAJ 106 “a
Collatersti trust, 4%», 1 9 1 3 ..JA D <*113 115
Deb. m ow,, series B, 19 39...J A J
28 “
103
66 , 100
2d 68 ,190 9............................. AAO U 2
Equip. T r. 4s, series A..........« —F siO l
list. A Ohio. E xt..1st,g ..1941. JAJ
Da*. E xt,. 6s. 1 3 1 0 ..............MAN 113%
Penn. Co., 6s, coup., 1 9 0 7 ..Q.—J
Bt.L.K.0. A S. (r.est.A tto.Ts.MAS 10. % 101
1st consol. 6s. 19 33.............. JAJ 114 116%
do St. Oiia-s Bridge 6s, 1903 100
Penn. Co. 1st M .,4 % ,1 0 2 1 ,. J A J i m
iOS
1st consol., reduced to 4 %* ..J A J
874* 10O
do No. Mo., 1st, 1 8 9 5 ...JAJ 101 .........
Penn.A N .T f.C a n .-lst,7 s,'9 6 .JAD
87
Montana Ext., 1st, 48,1937.JAD, 84
JAD,
Is*, mort., 7s, 1906........
W. Jersey A At. Jet M .,6sl910M AS
•88
■9 * r
Par. E x t , 1st 4a, A ,19 40___JAJ e 86
West Jersey—1st, 6s, 1896....... JAJ 103
A BE. consol. 4s. 1939.......... A AO
Minn's t m , 1st, 6s, 1922 ....J A J 110
1st M..7S, 1899 ...................... AAO l l i i
Penn. A N. W .~ 5 a ,1930.......... JAJ
98% 987*
Peo. Dee. A E t . - 1 s;.« * . 1920 JAJ ..........116
Montana C e n t -ls t ,« « A 9 8 7 J & J 105
West Shore—Guar. 4s. 2 3 6 1 ...JAJ
98
1st. guar., g , 5s, 1937____JAJ
95
2d mortgage, 5s, 1 9 2 6 .......M A N
West Va.C.APitta.—1st,6s, 1911J AJ IOO 104
100 West.
95
Eastin, Minn.. 1 s t , AAO
E vansville 0 i r .,l s t 6s.l920.M A 6
Va.A Pitts.—Istns, 1990. AAO e 111 ’. 13
107
Wdim A 8'*F .U I..'s,*.,!S 3S .J A D sl0 5
05 100
Peo.A Pekin U r, -l » t ,6 s ,l& 2 l.Q - F 108
21% 22
*•0 ......... a t.P .A N o .P a c.-«.-n .b * .f.‘ 2< FAA 105% 112
2d mort.. 4%#, 1921............ MAN
2d m .,3 s e.—fisse. 1927___AAO
54% 55
Perkiom eo—1st str. 5a. 1916 Q -J 100 ......... 4 .A n .* A .P ..ls t.« ,uu.,4s.l: 4J.JAJ
Warren A Frank., lst.7 «,'9 6 F A A 102
b4
SatiF.A N.P.—U t,.-,g .,1 9i| ....JA J ' 65 ----2d series 5s. 191.8.................Q .- J ......... ••••
W’ n No.Car-C«>n.6e,gii*r.l914.JAJ
Sandasky Mansf.AN.—1st. 7S.190S) 110 ----Petersburg -C i*«* A , 5«, 1926.JAJ .........>63
W.Peiin.—Pltts.Br., 1st 6e,’ 36.JA J 10 0
Bav.Am. AMon.<-on.,6.g.IlS l9 .J A J .........! 40
............................................................. clOO 10 2
Class B . 6s, 1926.................A AO ............ 103
Pblla.A E.-Oen.guar.,ils,K..'20.J.xJ .................... te V .F L A W .- l s t , «s, 19 34..A A O 100 ........ Wheeling A L. Erie—l s t .S s ,...1926 . . . . . . . . . . . .
A t A O u lf.oou. 7-. 1897 ...J A J 103 105
•<>'General S*, 1 0 2 0 ..............A AO 113 .........
W heel:D ir.. 1st, 5s. 1 9 2 8 ....J A J «100 10 2
107
99 100
g«. O*. A i-.a ~lst.7% 1899.M A N
General 4s, 1920.................. a a o
Extern), and Imp. 5», 19 30.-F A A
106
2d. 7s. 1699........................Man Bum*. A Erie—1st. 7s, 1897.. AAO ....................
Consol. 4s, 19.12.......... ......... JAJ
74
P hil.* Beading—1st, 8», 1910. J A J 120 ........ Selot-V.AN. E. -1 sr,g. ,4*.I989. MAN
Wlim. Col. A Aug., 6s. 1910 ..J A D 108 m
ieabuanl A Roan.- os, 1 8 1 6 ..FA \
2d, 78,1893............................ AAO 106H
•Wllui. A Weldon—7s, g., 18 96..JAJ 105
5», coup., 1926....................... JAJ
Cot>«ei.M.,7«, 1911, reg.A ep .JA D ........
107%
6s. 1933................................... JAJ
Oousoi. m art., 6s. 1 9 11.........JAI* e H 9 121
S*M.X~8,A E .-l» t.g o tt6 k ,'3 1 .F A A 56% 60
48
WinonaAS. W. - l s t ,« ) .g ., 1928-AAO
60
70
Trust r eceip t*.._____ ______ ____
Improvement m ort.,6». '97. AAO 101
Wlseon. Cent. Co.—1st,5s 1937. J AJ
SO
88
15
Cons, 5s, 1st series, 1922---- MAN
4i.atu.eun .V Lew.—l*t,5«,T 2M A N
, incom es, non-ftm i., 6s, 1937.......
Shant.V.A Putts.—7«,cou, IWj U AJ
Wore. Nash, A K.—5s, 1 8 9 5 ... Var. § 99 l o t
Deferred incom e 6*............ ..........
c » \ 70%
30 . Nash. A K och,, guar..5*,'94_4A O | 99 101
Mr*' >-i . i r: . i '.
... J J
90 i........ . H IN i K 4 .I, I S K I I i S M O N O S .
le t prrt. tee., 5a, geW, 1958— F: 34% 36 ; So. Carolina—l*tM .,6s,1920.-A A O
23%
23
2d
1931..........
J.aJ
2d pret. In*-., 5s. gold, 1958---- F
i.*i 0>urt..6«,
w iu u y w i,»-■,s
. . . . . . ........
. . . . ,j«
w ........ . . . . . . Amer.BeilTeJopk’e - 7 s , 18 98.FAA §107% 109
18
16%
3d p rcl. !!:••., 5s. gold, 1958---- F
InM tM flk. 1 9 3 1 .........................................i......... Aiu. C o t Oil—M. g. 8s, 1990..G - F 108 109%
23% 8>). P k o -A rte —i»t.6 ',1 9 0 i).to.J A J
....... 99
■ ........... "
■ * - 103% .........
3d first., im ., 5». convertible.. .1'
A) Pae.Cal.—1st.'D .,:..1806*12 AAO 100 107
Term. 8*. gold, guar., 1941.Q.—F: S3
B. A «... »r C o.- 1 s t , g . 6s, 1812 J * J
95
1st
eon.
g,
5»,
1933..............
AAO
Firti. Beall, A Jf. E .—tr, l s H 2 .„ ..
Boston A M ontana- "*. 1907 .M a n § *0% 90
Incom es. Class a ....... . 1952........
A »* t,«N new. —l»t,5kJ«,T941JAJ ■ 82
(Dost. Un. Gas—5s, 1939,ir.reo.JAJ i 70% 77
9*6*
94
a
a
g
So, Pie*. B ranch~6». 1W 7___
■ -m»b*CT Min. -LSI g 7s.190r.JAJ
Income*, Claw B ........1 9 5 2 ......
So, l‘m . Coast—1st g u .,g „ 4s, 1937;
Phii-W. A Bait.~Im b.4s, IU17AAO
' f 'S i.I)«t< in —1st 58,1916.J&J
*.), Par.. N. M .-iS t , .is, UUI .JAJ
so
ee, i9t»o................................... a a o 1M h 107
Chie. Gas L. A C .- g , 5s. 19 37..JAJ
8J%
iOO
5s, 1 9 1 0 ..................
JAD 100 103
9nok.Fali*AN ,—1st 6s,g.,l&3JJAJ.a
clu e. June. col. g, 5s, 1st 15
JA i § 97% 98
U8%
99%
State
I..
A
8
u
1
.-l..t
6s,
1899
,J
t
|
UK)
Trust certs. 4s. 1 9 2 1 ............1AJ
entente))Coal A t~ «a , WOO.. . FAA
. . . . . . Star. 1st.R .T r.-l-!6 s,g ..l# 1 3 .A .'.< > U S
Fled- A Cum!).—Is*, us, 1911. M a
115
0«l. C. A I.D ev.J.gu .js.g.,1909.JAJ
e 'u i ’ i . . , .
H it- -- ■
P it.G C .A »i.U e e n .lH »v ,U )4 0 A A O 102%
2.1 murk. gu*r. 5 h, g „ 1926., .JAJ
IOO
ia » t ..H « A W b v.‘.
Coca. 4Va, serifs B, 1 9 4 2 ..-AAOJ 89%
Conwl'kTuu.—1st in. ts.ipui.M A.S " 5 ' “ 16 *
90
2d oiort-, 6s. 1938, reft.......MAN
n tte fi.G A t9 t.G ~ lM ,7a. 1900.FAA; ......
Cousul. Gas, H a lt.-6s. 1910.. .JAJ . . . . . . n o %
117
3ant». « L em stow fi, <♦, 18 96.,JAJ 104
P ltU b ...l,A T o !.-l8 t.« s . 1922.AAO c l U
.
9S 100
OOtmol, 5s, 1939............... ....... I AJ
PiSteb.AC«a’)ia r .-i« :M .7 » .’8 8 J .W ........... U>;!% Hasp. B. A Erie Juno. »l«rt7*. 1900 105 ........ iOm solld. Coat—Conv. 6s.1897.JA.)
dteriinircons. M. 6»,f.,K B W 4& 4 *127 4 2 9
8 y r.B ln g.A N Y .—•.••■ii)h)1.7s,'06 AAG 120 ........ Cmmuu.Gas.Chiu,— 1st, g. 5s. l eiiti 75
78%
* r . ‘R R A .9U ,.U !,g.4> *.l!939tAAO
Plttsb.Ft.H. A C. - l a t ,7 e .l » l 2 Var
.DI-IU.' .I> -.Vab - i ...
.■lo.MAN
l !*in Oik,«
iMfUu
1*111 § 95
24 inort.. 7«, 1912................ Var,
Ter. i 1 A im L -O .u . M.,6*. 1927). JAJ
; {|(*fn'wr
Denver Con.
Gas )»t
6», gtr .. . 1911
3d tnort..7e, 1912....... .........A A o i 124
19.F A A
T er.il A p .~ ls t,f,s ,gu.gr. 1942.MAS ........ u o o
D ell U u -OOotlst,g
M n P .5s.l9
H H
Plttsb. Jane. 1st 6», 1922........ JAJ ' . . . —
. Terre
______________
,,
....
If. A Log’pt.—l»t,gu.,6».J
AJ l l t ’4
86%
East R iver G*is—l»t.g .5 e ,l‘J 42.JAJ
. . . . . . . __________
Pitisb. A Lake K. .■d.5*.192» AAO , ...................
1st and 2d._________
Us, D.G3..
____ » .,.,J A J TOO
Edison Elec. ill. O o .- 1st,5 a ... 1910 103 105
Pitisb. McK.A Y.—1st,6s, 1932.JAJ 120 i........ r#x. Cent.—lst.*k.fd.,7*,1909MAN .........
92
Eq.G'»AF..CUio—latg.6s.1805.JAJ
2d 0S, 1 8 34.............................. JAJ
1 s t m «r t.,7 », 1911............... MAN .........
General Bii-C. con, 5a. 19 22.. .JAD " 78~ 80
PlttB.i'atn.AF.—l * t ,g ..;* ,i 9 i 6 J A j: ....... . j------ Texas A New Orleans—lst,7#,FA A
Grid R.C1.A C.—1st g,8*,1919 AAO
? 162 L) 102% Ileeker J ones-Jc well Mill’* 1st, 6s.
P R te,8hai.& L .E .X *i'5s.t940.A A O l .........; 6«btae Dtv., 1st, 6s, 19 12... vj.te
Pittsb. A W est,— 1st, 4s. 1017. JAJ i 90% 82
89
Cons. g. Is, 11*43....................FAA
Henderson Bridge—6», 1 9 3 1 ..MAS 105 106
Mortgage 5, 1801 1 9 4 1 ,... MAN ; 64
03
------ .0 3
Tex, A P .-K »L D .l«t6 * ,1 9 0 5 .M jK .
Hoboken L. A Imp. >«, 1910..MAN
Pitts. V. a A sh .- Ut,5*. 1927.MAN 1
1 « gold, 5», 2 u0 0 ..................JA i > 71%
iilln's Steei Co.—Deb. 5*. 1910.JAJ
2d gold in.-., 5». -ou O ............Mcb. 17 -V 18
Akhtabuls A Pitt*— 1st 6s. 1908. 109 i l l '
92
94
i aaiaaspohs Gas 1st 8s, FJ20.MAN'
U :o i
Taird Aveitue 1st 5*. 1937. ...J A J , 108%
70
60
Iron SteamliOrtt Co.—Os. 1901.JAJ
10 a
To!. A. A,A Cad.—1st,8k,1017. MA8 .........
79
80
Laclede Um , 8t. L. - 5 s . 1919.. Q - F
; ......
r»i. A. A .A G r.T .—lst,6s,1921.JA j; .........
oehlgh C.ANav.—M.4 %s, 1 9 1 1, 1<- J 105%
4-....... 106
ToL A. A. A Lake M ie iL -U t 0*
.......
E li. 6s. 1897........................... t t - F 103
Potomac VaS.I,tgu.5*,r., 1 9 il.J A J ^ HI H 92% l o t A . A, AM. P. —1*1,8*4916 . MAS _____
Convert. 6*. 1894................... MAS
Pres, * Arix.C,—u s g.Os.iuiu.JAJ
75
Mort. Os, 1 8 9 7 ...: .........15 JAD 107
2d tec. be, 1916.......................JAJ I .........
1st consol, as, g. 1940...........JAJ
Consol, mort. 7s. 1911..........LAD 123
P rov .A Worses.—1st t> ,l*9 7.A A O
103 i b T
10 1
Gen. mort. 4%s, 1924.......... Q—F
116
Raifelgh & Gaston—8s, 1898.. .JAJ
TdL A O. C. E x t,-1 s t , 5s, g „ 1938. ' 90
95
Mich. Pen,Car— 1st-Js.g,, 1942. MAS
Ren-An’toga—1*17S.1921 oou.MAN 1 135
Do do guar.
95
■*9 5 '"
{ 90
Mut.Un.Tel.—8 kg. f d.64,19 1 L.MAS
R fch ,A D »n .-G e a .m ,, 6s, 191JJ&J | 103
Mark-tla Mm., 1st, Os,
1915..
90
N at.SfrciiM f.Cii.-lst,g.6s,'20, MAN"
i>eimn..ure, (>, 1927.............. a a o ........ S*i
To!.PeoriaA W .~l#t.'i 8,1917,...JAJ * 68* '
New Eng.Telephone, 6s,1907.AAO §100% 1 0 1
Con. g. 5a, 1936,trust certs. AAt) : - 2
75
55
ToL 8 t-K A K .C .,l‘.t.0 s,1 9 ie ...J A D
15
5 6 %:;N bw Ori«M»ns Pae.—Land grants...
Equip. M, e, 1. 5s, 1909....... .MAS
Ai 1*J iX. DGIIUU
. .rfOM } ........
Northw’ n Telegraph—7s, 1904. JAJ
Wash, O. A W 1st g u .l» .'2 l.F * A i 55
93
Ulster A Dei. con., 5 ,1 9 2 8 ___JA D
95 : Oregon Im p.C o.—1st 6s, 1910.JAD
Rich. A P a te n t),,«* , 191:,.. ...Ma n i t o
. . . . . . United C tfsS .J-G ftn .6a ,W 0 lA IA 8
49
49%
t Coaaol. 5s, 1939..................... AAO
Rich. York R . A '
. 1*5 8s, I8»4 [ 100
do
gen. 4s, 1923........FAA
59%
Penn. Canal—6s, 1 9 1 0 ........... JAJ
2d n o n , 6s, I960................. MAN
do
gen, 4s, 1929........MAS
98%
i"oT%
99 IOO I Perm. B te e l-l* t 5s, 1317....... MAN
Kleb A W -si Pt.Ter., Os,tr r..,;.FAA
54
15
aioriiag do
6s, 1894........MAS
•People's G.&GUh.-1 st,6, g. '04. MA N
do
6s, 1901........M a s
25% 26%
2(1
do
1004 . . . : ......... )AD
1 05
Union Paeilic—1st, 6s, g, 1896,.!AJ 103 H
m
Peoria Water Co. 6 s ,g „ 1919.M.vN’
pi
90
1st, Bit, 1 8 9 7 ............................JAJ 10 J %
Pleas. V,il. Coal 1st Us g. 1910.MAN
isi. 6*. 1898.............................JAJ 103% 106 j Pr.x ior A Gam ble 1st Os, 1940—
i ........
I ....... .
1st, 6-. 1891*...........................J A J
i Ht-L-BVlgeATim.—1st 7s.1928.AAO s i 28 132
72
Rome W .A O .~ C oo.,ex.5s/23 .A A O ! 110 i l l
Sink. F „ 6 s . 1893....................MAS
•doourlly Cur. 1st, g. 6s, l u l l ..MAN
R oltai.'i—1st M., 6s, 1902. . ..M a .n ,195% um
Otn. Bridge, sterl. 8 s,g., '98. A AO «110 118 !»p.V »i.W r.W h *.-T «t,0 stl9O6.MA8
Eqtrtpment, 2tf &«, i»!><....... FAA | 88
Cullutoraltrust. 6s, 1908 ,...J A J :l 90
•Sunday Crock Coal—1st, g., 6a __
76
• t.Jo.A G r. Jsl'd— 1atygtwr.0«, 1925.
Collateral trust, 5» ,1907...... F.vD * 7*
78 ;T©nn.C.t.AR.—T .dv.lstO s,’ 17A&0
20
i d mort., incomes, Ss, 1025.........
Collateral trust 4%«, 1 9 1 8 ..MAN: .........
1 Blr. dir. 1st eon. 6 9 ,1 9 1 7 .,..J A J
i
K*n. C, A Ob . 1st 5e, 1927. .JAJ
Gold 6a col. t>t notes, I 8O4 .FAAI 8 t |
U.H.L'tli Co. ».f.deb.0sg.l915.MAN8t.L .A Jf. A T .U .ls t M .,7s, '9 4 .V S 101
Equipment Trust 5a..............AAO I 99
99% W'n Un.—Deb. 7s, 1375-1900.MAN
96
K aaa.P ao., l* t . 6«, 1895— FAA ----DrUm. 78,1.664-1900.......... MAN
do 1st M.. 6s, 1899....... JAD
4d in com e,78,189 4.............MAN 1 m
Celia*, trust our. 5s, 1038— JAJ
Dir. bonds, 1 8 8 4 ....... ...................
do Den. E xt., 64,1899.MAN 109
Wk.L.K.A P.CoallSi g.a»,l919.JA J
91% W oodsfck Iron—lstg.Cs, 1910. JAJ
B *ll«T.& 3.ra.,i*t,8F.8«.'<)e.AAO . . . . . . u o "
do 1st none. M .‘ •-,19U* MAN
Beliav.A Car., 1st 6«. 1923. .JA D
CeXB r.U . P - A. A V. P.6s,'S*5 MA N
S T O C K S — I t A I M t « , l O . P a l.
10 0 %
' ;
)G.| .1■
Fttii'i. coupon 7s, Dj9o ...M A N
Ala. Gt. South.— A ., 6», p ref.,.41 0
8t- L Eoath., 1st, 4s, 1931 ..MAH
A
teh.0ol.
*
F..1st.68,19050.—F.
B , oonimOn................... .— 610
***:**'’
1 70
do 2 d ,i n e o h i o U J i . . m
60
A t.J .C o .A W .,lsi,8 «,iS K ».q ,-F :
Ala. N. O. A Part.. A c., A, p ref.g lO
S'J
0 » b . H i t s * , t*t g.4s. 1932.M
do
do
M, tief. XlO ii
U.P. Lin, A
1*l.g.,0s'l8A A O ! 69% 70
Bt. I* So, W,1 st,
4s, 19 89... HA NJ m h 00%
Oregon Short-L. A U. N. C nusoi.. i
65
Alabama A V ieksbarg...................... > . . . . .
10
28,194 teat «•, is m t
..........1AJ
Collat. I’ruai o*. 1919.......HAS I
Ai**»ny A ansqueh.. Guar., 7, ..10UI 150
Old Colony—(Continued.)
, „„
4 8 ,1 9 3 8 ...................................J A J ; 99
B. C .F . A N . B., 5s, 1 9 1 0 ..JAJ ;106
N. Bedford ER-, 7s, 1894 -.JAJ 5 99
O m a h a & 8 t ,L ,-ls t, 4s. 1 9 3 7 ..JAJ x .......
Orange B e lt -ls t M .,5 s , 1907..JA J
Oreg, * Cal.—1st 5s, 1927........ JAJ t 82
Oreg. R 'y & H a v .-ls * 6s, 1909JA J 113
Con.ir.5s, 1925......................JAD ..........
Collateral trust In, 1919-----MAS . . . . . .
Os w, ARooie—1st M-, 7s, 1915.SI AN 115
2d. g, 5k. guar., 1915........... FAA

' xrKe aoiaiaui.

« 7 uicuaser slao pay* aoorued interest. « In London.

I Couponoit,

« Priee per share,

t In Arnttoruaiu.

i In Frankfort,

THE CHRONICLE,

462

|Yol , LYII.

tfiSNKKAJL. Q U O T A T IO N S

OF STOCKS A N D BONDS— C ontinue !).
F o r E x p la n a t io n s See N o tes a t H e a d o f F ir s t P a g e o f Q u o ta tio n s .

R a il r o a d S t o c k s .

Bid.

Ask.

R a i l r o a d St o c k s .

20=H
S7

Bid.

Ask.

21
towa F.sfc Sioux C ity .
Atoh. T opi & S. Fe.100
90
Kan. sfc M ich.................
9% 1 1 %
M l. & Char. A ir L . .100
K
. C. Sub. B elt.- 1 0 0
85
A tlanta & W. P — 100
2% left. M. <fcInd., I’d .. 100
2
A tlantic <fc P ao-----100
35
68 |i Kan.C.Ft.S.sfcMem.100
Aug.& Sav.,leased,100
90
100
68
69*$ Kan.C.Ft.S.sfe G.pf.100
B altim ore & O M o.. 100
10
125
120
Kan.c.Mem
.&
Bir.100
do 1 st p re f.,6 - 1 0 0
Kan.C.Cl’n & Sp’d .1 0 0
do 2d, D ie f.-.-.lO O ........ i u
Keoknlc -fc Des M —100
B . & O. S.'W —
do
p ref.. 100
Preferred............100
Keokuk &W est’ n —100
Beech Creek, guar. 50
iiingst’ ii&Peinta’keSO
BeUev’e & 8 .m .,p t.io o
16% 17%
Boston & Albany.,100 x 200 2 0 6 % Cake t r i e sfc W ___100
68% 70
do
Frex.lOO
Boston & Low ells.100 1 7 7 >2 l l 9
123%
L. 8h, sfc Mich. S o ..100 122
Boston & M aine.-.1 0 0 157% 158
32 %
ueMgh V alley......... 50 i 32
B ob. & Maine pro f.100 14:0
163
Little Miam i..............50 162
Bos.&N. Y .A .-L , .pf.lOO
Little Sehu’k’l _____ 50 s 62
Boston ifcProv.......100 24.0 245
96
93
Long Island----- . . . . 5 0
Bos. K. B each & L .100 100
22
19
Lou. Evans. sfcSt. L .100
Brooklyn E l e c t ’d . 100
24
25
do
Pref.100
B n ff.B ooh .* P ...... 100
55% 5 5 %
76
IsOUlsv. & N a s h v ..l0 0
do
P ro f.. 100
15
16
45
Louisv.N.A.&Chie.lOO
B. C. R. & N orth .. 100
7
9
5
8
Louis. 8t. L.sfe T ex.100
California P aoiffc.100
4
Louisville South’D.100
Camden <fcAtlant,ic.50
25
Mahoning Coal R R .5 0
do
do P f.5 0 s 20
48% 4 9 %
do
P re f.. 50
Canada Southern.100
116
76
75
Maine Central___ 100 114
Oa uadian P acific. -100
240
5% Man. sfc Law’ ce___ 100 230
O a ta w issa ... ...........50 s ...........
Manhattan, c o n ... 100 132% 133*2
do
1st p f - 5 0 * 50
Marq. H . sfc O n t.. .1 0 0
do
2 d p r e t ..5 0 8.......... 50
4
7
do
P re f.. 100
OedarF. <&M inn.—100
118
15
Massawippi........... 100 115
Cent, ot G eorg ia...100
16
Mempli.sfc
Oharl___
25
15
Central M ass......... 100
50
9
8
49
Mexioan Central ..1 0 0
do
p re f. 100
Mexican N at., T .B .100
Cent, o f N .J........... 100 110 111
53
90% 9 3 %
Mioliigan Cent___ 100
0 sntral OM o.............50 8 50
do
P r e f ...50
Mine H ill sfc 8 .H . „ . 50 s .......... 65
11%> 13
Minn, sfcSt.L, t. rec.100
2 1 % 23
Central P acific___ 100
29
33
Pref., trust rec -. 100
Char. Col. & A ng-.lOO
Ches. & O.-Vot. Tr. cer 1 7 ^ 17%i Min.St.P.sfcS.S.M-lOO
140
132
do
pref___ 100
Chicago & A lto n .. 100
Mo. Kan. sfc T ............... " 1 i% 1 2 “
do
pref.100
20
85%
85
19
OMo. Bur. & Q uill.100
do
p r e f ... 100
2 6 % 265e
55%
Missouri Pacific.-.1 0 0
Chic. & East. H I.-.100
16
13
do
p re f. 100 94%
Mobile sfc O h i o .....1 0 0
so
Morris sfcE’x , g u .,7 .5 0
C hic. G.W., 4 p. c. Deb
60
70
62
Nasb.Chat.sfc St. L .100
6 per cent pref. A . . .
61% 61% Nash, sfc D e c a tu r ...25
Ohm. MU. sfc St. P . 100
201 '
do
pref. .100 115% 118
Nashua sfcL o w e ll..100 200
246
s239
Ohio, se N orthw’n .100 100%
s 50
do p ref., 7.100 136 138
91
5 89
Chic. <& Nor. P a c.,1 0 0 *
65% 65% New London N or.. 100 138
Chic. B. 1. sfc P ao.. 100
35% 35% N.Y.Cent.fc H .R iv.100 102
103
C. St.P. M.sfcO. ,eoin 100
13%
13
N.Y.Ch.&St.L.newlOO
do
p ref.100 106 107
26
24
59
do
1st pref.100
56
Ohio. A West M ich.100
24
25*2
do
2d pref.100
Clin. Ham. & D ay. 100 145 155
10
20
N . Y . & Harlem . . . . 5 0
Clno.N .O.ifc T .Pae. 100
54
57
N .Y .L aek.& W est...l00
CM. Sand, sfc C .pf. 50
Cinein. & Spring.........
15% 16
N. Y.L.Eriesfc W est.100
3 1 % 32
Olevel, Ah. & Col. 100 t 2 7 % 27%
do
Pref.100
3
N .Y . & N .England.100
2%
Clove. Cant. & S o .. 100
25 s8 25%
4%
5
do
Pref.100
do
p ref.100
62% 65
39
N .Y .N H.sfc Hartf.100 195
37
2u5
Clev. C. C. & St, L.100
N.Y.sfcNorth.,com.lOO
do
pref.100
148
9
do
pref.100
01.&Pitt.,guar.. 7. 50 i i 'i
7
10
OoL sfc Green. ,prei.lOO
N .Y , Ont. fcW est.-lOO
l d ^ 15*2
2
6
%
20%
N. Y . Pa. sfc O ...........
Col. H. Yal. sfc T ol.100
%
%
63 % 69
P r e f...........................
%
ilo
p re f.—,
CoLsfc X en.,gu.,8% 50x 172 175
N. Y . Phil, sfc Norf.100
14
Con. sfc Montreal—
N. Y.Susq.fc W est’nlOO
14*2
144
C1.I (B.C.sfcM.pf.100 143
do
Pref.100
45*s 46*2
Class IV. (Conc.)lOO 184 185
N. News &Miss.Yai.Co
Con.<fePorts.,gu,,7 100 150 175
Norf. sfc Sou............ 100
47
121
Conn, sfc Passunip.lOO 120
NorL&W est,, eom .100
Connecticut- RiverlOO 215 217
do
pref.100
2 3 % 23%
45
Cons, of Vt., p ref. 100 40
No. Pennsylvania..50 s 78
12
70
Current R iv e r....... 100
Northern Central.. . 50 s 68
7.5
70
Day. <fe Mien,, gu .. 50
Northeastern........... 50 8 . . ___ 50
167% Northern N. H ........100 137*a 138
do pf,, gu., 8-50 165
Del. sfc Bound B r’klOO
7%
North’n Pao., com .100
7%
120
Delaware & H u d ..100 119
25%
do
P ref.100
25
143
Del. Lack. sfcWesi. 50 142
Norw.sfe Worcester.lOO 168
171
Denv. sfc R io G r ....l0 0
15
1 0 % 11
Ogd. & L. Ckanrp.lOO
30% 31 % OMo & M iss............ 100
do
p ref.100
16
18
0 *
DesM . sfc Ft. D ’ge.100
7
do
Pref. 100
IS
do
p ref.100
Oaio Bouthern........100
25
45
Det. Bay Citv <fc A .100
Old Colony............1 0 0 177
178
89
Det. Hills, sfc S. W .100
87
44
Oreg. R’ y fc N a v .. 100
48
10
Etet. Lan. sfc North.lOO
Or. 8. L. sfc Utah N .100
8% 10*2
20
do
pref.100
Pennsylvania R R . .5 0 8 51*8 51*4
7%
Dalnth S. S sfc A tl.100
8% Penn. & Northw est.50 a_____ _____
18%
do
p ref.100
Peoria Deo. & E v—100
9
8%
E. Teim. Ya. sfc Ga.100
H
Peo. sfc Eastern___100
4
7
6
do 1st p ref.100
Petersburg............. 100 ___
106
2
do 2d p r e f..100
Phila. & E r ie ........... 50 8.........
%
27
East Pennsylvania.50
Phil. Germ, sfc N o r ..50
76
Eastern m N, H —.100
78
Phila. & Read...........50
19% 20
Elmirasfc W’mep’t..5 0
Phila. & Trenton.. 100
do
P ref........50
Phila. Wilm .sfcBalt.50 8 . . ___ 57
86"" Pitts. Cln,C.&8b.L.100
Evansville sfc T. H ..5 0 ' W
15
16
14% 15
Fitchburg............... 100
do
p ref.100
51
53
80% 81
do P r e f....100
Pitts, sfc Conneil’e ..5 0 s 10
14
Flint sfc Pere Marsj, 100
16
Pltts.Ft.W.sfc 0.,guar,7 142
150
45
do
p r e f ..100
47
Pitts. Junet............. 50 s 20
30
fTa.Cen.&P, -V .T.C er. t 1 0 % 10=8 Pltts.M.K.sfcYough 50 117
119
do lstpref.cu m .1 00
Pitts,Va. sfc Okarles.50 s 42
45
do 2dpf.non-cum.100 1 3 9 % 39% Pitts, sfc W estern ...5 0 s 5
Georgia P a cific... 100
3
5
■ do
Pref. .5 0 s 15
Ga. RR. sfc B’kgC o.100 130 133
Pitts. Youngs. sfcAsh. 50
Gr. Rapids sfc lnd.,100,
4
do
p r e f___ 50 s ___ _
Gt. North. R v, p re f.. 112 115
Port. Saco sfcP orts.100 119% 120
Gr. B, W.sfcSt, P ...1 0 0
7
8% Port Royal & Augusta
do
P re f...1 0 0
ProV, sfcWorcester.100 238
242
H artf’d sfc Ct. West.100
10
25
Rons. & Saratoga.. 100 160
Hone, <fcTex.Cent.100
2
3
Rich. F . sfc P ., com .100 115
Hunting, sfc B r.Top.50 a 35%
Richmond & P ’b’g.lOO
108
do
P ro f.50 s 49
Rissh.s&W.P.Ter.tr.ree,
Illinois C en tral... 100
93
94
do
1st instah paid
2%
2%
94
do leased l.,4 p .c . 100 e 92
4%
do
2d-mstai. paid
3%
Iow a Central.........100
7%
8%
do Pref.tr.rec. lOo
17
19
do
P ref.100
21
23
1A
Rio Grande W est—100
10

•I..*. .

r__

__

* Price nominal.

§ Purchaser also pays accrued interest.

Bid.

M isobl . St o c k s .
Rio Gr.lVest., pref. 100
RomeW.sfeOgd. ,8 0 ,1 0 0
R utland................... 100
Do p r e f - 7 ..1 0 0
St. J os.& G ’dlsFd.lO O
Sf.LoulsAlt.sfcT.H.lOO
do
P ref.100
St.Loois Southern.100
St. L. sfc So’ west—. 100
do
P ref.100
St. L. Van. sfc T .H . 1.00
Sb. Paul & Duluth. 100
do
Pref.100
St,. P.Miun. & M an. 100
Sharon of Pa., guar.
Shore Line................100
South Carolina___ 100
South. Cal. pref— .100
Southern Pao. C o ..1 0 0
8’west., G a ..g ’d, 7 .1 0 0
State Line sfc Sull__ SO
Summit Branoh.Pa.50
Simb’ry sfeLewist’n.50
Terre H . sfc Ind’nap.50
Texas sfc P acific. . : 100
Tol. Ann Arbor <fc N.M
Tol. sfc OMo C e n t!.100
do
P r e f...100
Tol. Peer. & W est.100
Tol.St.L.sfe K . City.. 100
do
pref.. 100
Ulster sfcDelaware.100
U.N.J.RRsfcC. Co. 100
Union Pacific___ .1 0 0
Un. Pac. Den. sfc G . 100
Utica & Blaok R iv. 100
Vt.sfc Mass.,1’sed,6.100
Virginia Midland ..1 0 0
Wabash R R ........... 100
do
p r e f..1 0 0
Warr’ n(N,J.),l’s’d,7.50
W est End (B o st.)-..5 0
do. pref. (Bos.) 50
West Jersey...............50
West Jersey sfc A tl.. .5 0
Western Mar.yland.50
West. N.Y.sfc Penn.100
Wheel, sfc L .E ........ 100
do
pref.100
Wil. Columbia <fc A .1 0 0
Wilm. & Weldon, 7 .100
Winona sfc So.WestlOO
Wisconsin Cent. Co 100
do
P ref.100
Wor.Nash.sfe R och.100
C O A X sfc M I N I N G
S T O C K S , N .Y ,
American Coal......... 25
Col. C. sfcr. D evel—100
Col. Fuel sfc Iron. ..1 0 0
do
P r e f - 100
Col. .fcH ock.0 . sfc 1 ,100
Consol.Coalof M d .1 0 0
Homestake Min’g .1 0 0
Lelu&Wilkesb.Coal 50
Maryl d Coa), pref.100
Minnesota I r o n .... 100
New Central Coal .1 0 0
Ontario Sil. Min’ g .1 0 0
Pennsylvania C oal.50
Quicksilver Min’g .1 0 0
do
p ref.100
Tend. Coalsfcfron Co 100
do
p ref.100

2
71
15
95
5
9%
27'
95
106
§100
s l7 1
19
3

6%

115
738
10
28
67
...........

218
22%
7%
135
7%
16*2
s 57
8 77*2
s 55

s

4%
13*2
42%
'" 2 “
7

75
9

25%
75
9

22
10*2
50
8
7
250
1%
16

___

s 22
pref........5( s 42

GAS STO CK S.

Balt. Consol. Gas . 10<
Bay State................... 50
Brooklyn.................... 25
Citizens’ ...................20
Fulton M unioip.100
Metropolitan___ 100
Nassau..................... 25
People’s........... ........10
W illiam sburg___ 50
Chariest'n,S.C.,Gas.25
Chartiers Valley..iO O
CMc. Gas tr. r e c ... 100
Cinein. G .& Coke.lG ox
Denver Consol___ 100
Hartford, Cc., G . L ..25
Indianapolis, 5.xid..50
Jersey CityGas Light.
People's Gas L igh t..
Louisville Gas Light.
Memphis G as.................
N. Orleans Gas L .1 0 0
N .Y . City— Central-50
Consolidated___ 100
B fl.lirvhl"
..
too

Quotations dollars per share,

57%
9%

s

55
120

__ ,r

140
120
s ..........

s

7
60%
190%
45
24
116
180
140
108

107
103
130
16S

M is o e l . S t o c k s .

N .Y .C ity -M u tu a l.100
Standard G as,pf.100
2*2 Pittsburg Gas C o .- 5 0
71% Portland, M e , G . L .50
St. Louis. L aeled e.ioo
SO
do
p ref.100
San Francisco Gas . . . .
N .Y . & B R t K L Y R
5%
H O U S E HRS.
9% Local Securities
in
Ch r o n ic l e each week
'2 9 "
except. 3d o f month.
100
TEUEGRAPH.
109
Amer. Tol.A Cabie.lOC
105
Cent, .fc So. Am . Cable
Commer’I Cable ColOO
Franklin,............... 100
Gold <fc Stock........ 100
20*s Mexican.................... io o
35
Northwest, guar___ 50
Pacific & A tlantic___
7
Postal Tel. Cable... .
South’n & Atlantic. 25
Western Union___ 100
7%
TELEPHONE.
103s American B e i l..-1 0 0 a
30
Erie............................ 100
71
Hudson River........100
Mexican ..................... lo
........... N .Y .& New Jersey.100
New England........100
T ro p ica l.....................10
222*2
T R U S T CO’ S
23
Atlantic.................... 100
8% Brooklyn Trust —.100
Central.....................1 0 0
140
C ontin en tal........... 100
Farmers’ Loan & Tr.25
8% Franklin...................100
16% Hamilton..................100
H o lla n d ................... 100
57*4 Kings County........ 100
78
Knickerbocker . . ,.1 0 0
Long Island . . . . . . 100
M anhattan.................30
Mercantile..........,..1 0 0
M etropolitan......... 100
14% Nassau.......................100
4 3 % N. Y . Guar. & In d .lou
N. Y .L ife & T rust.100
N.Y.Seeurity & Tr.100
""V
Peoples’ ,BrooklynlOO
8
Real Estate L .& T .1 0 0
45
S t a t e .........................100
131
Union........................ 100
United States..........100
W ash in gton ._____ 100
90
R IS C ’ tX A N E O U S
10
STO CKS.
26% Adams E xp ress.- 1 0 0
85
Am . Bank Note Co.. 50
9% Am . Cotton O il___ 100
30
do
p ref.100
14
American E xp res.100
Atner.Sug.Ref,Co.........
60
do
pref...........
60
American Tob. C o ..5 0
9
do
pref. .1 0 0
10
Am . Type Found’rs, pf
300
Aspinwall Land___ 10
2% Boston Land............. 10
Boston W ater Pow er..
16*2 Brookline (Mass.)L’d5
Brunswick Co........100
Canton Co. (B a lt.).100
C. J. R’y ’s U. St’k Yds
Ask.
do P r e f .. ..___ ..1 0 0
80
Jlaflin Co..................100
do 1st pref.non-c. 100
do2d pref.non-c. 100
98 % Com Kan. C.S. & R .,25
93
Det. Un. D. <fc St’ n.100
125
Dist. & C. Feed. Co.100
5 % East Boston Land. . . .
4 6 % Frenchman’ s Bay Ld.
72
Hecker-J.-J.Milling,pf
35
Henderson Bridge.100
Illinois S te e l..........100
Iron S team boat... 100
6*2 Keeley Motor........ 50
5 % Lamson Store Ser. .5 0
250
LeMghCoai <fcNav. 50
108
Manh’ tt’n B ’ch Co.100
60
Maverick Land___ 10
Metropo). Tract’n.. 100
7
Mex. Nat. Const, pref.
23
Mich.-Pcnsu. C a r.. 100
43
do. pref.........100
Morris Can., gn. 4 .1 0 0
do p f.,g u .l0 .1 0 0
57%
10
Mt. Des. & E .8.Land. 5.
Nat. Cordage (new)—.
110
do tr.rec. 2d asst.p’d
do
do
Pref____
120
National Lead Co........
do
p re f...........
150
Nat. Linseed Oil Go. 88
Nat. Starch M. Co. 100
22
1st P r e f . . . . ............. .
2d Pref........................
8
N. Y. Loan & tmpr’t . . .
61
102*2 NorWi AmericanColOO
Oregon Im prove..1 0 0
Pacific Mali SS. Co. 100
Pemisyly. Steel....1 0 0
120
P. Loi'UlardOo.pf,100
Proeter & G. Co___100
Pref. 8 p. c. eum.100
110
Puilm'nPalaee CarlOO
San Diego L a n d .,_____
103
St.Louis B’dge.lstp ref
i'31 ; 2d pref. oert___
1 7 5 * St r,-»heT.,,i

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

E 1E C T R IC
E I G H T , & c .P a r Bid.
Brush, Balt., p re f.1 0 0
Com m on............... 100
Con. Elec. Storage.
Edison Ul. Co. of N .Y .
90
“
“
“ Bklyn.
“
“ Boston____ 120
5
Ft. W ayneEiec.Co..25
46
Gen. Electric C o ...100
70
do
p ref.100
25
Int. Conduit & Ins.100
Edis’nPhon.ToyMf.Oo,
North Amer. Phon. Co.
Thom.-H. Sec. Ser.O.lO s 6
8 5%
do
do Ser.D .
.om.-H. Iuternat.lt
do
p ref—1C
Thom. Welding Co.100
5
do Europ.W .Co.100
Do

Ask.

.....a :
___

■-- rr

e In London.

Bid.

Ask.

133

140
80

__ 15
57
67

16
62
67%

82
__80
____ 115
110
x35
97
100
50
40
75
83%

150
40
102
200
60
83%

188
188%
41
42
30
*85 c. •960.
86
89
52
53
.......... 10e.
375
900
145
675

175

275
425
950
155
725
250
200
170
275
190
225
125

325
280
155
290
625
200
150
200
750
160

650
300
260
160
220
750
825
185

138
143
46
49
So
35 %
70
71
107
112
89 % 8 9 %
88%
78
79*a
90
95
80
5
6
3%
4
1%
1%
3%
4
4%
7
55
79
79%
89
90
95
94
100
95
100
135

.....

21%
3%

2%

21 %
4
3
90

12
1%
s 16%
s 50%
4%
s 1%
97 %

3%
17
50%
6

2
98%

12

180
5 s.
28 % ” 2 9 "
60
66
3C% 31
72
73
15
17
9
11
35
45
5%
11%
15%
95

60
53
13
15%
105

170
175
s ........ 10
e !0 2
105
50
(3 45
A? “ I
1 .

THE CHRONICLE.

Sept o r e kr 16,1893.]

468

QUOTATION'S OF STOCKS AND BONDS— Concluded,
F o r E x p la n a t io n see N otea a t H e a d o f F ir s t P a g e o f Q u o ta tio n s .

GEN ERAL
MTsceljlankocsSt ’ ks .

Bid.

Aak.

Manupact ’ q Stocks .

Bid.

Ask.

B a s k stocks .

Bid.

Bt. In a ls Transfer Oo.j .........j.......... '•SalmonFallstN. H.}3Q0

Ask.

I ssokance Stocks .

Bid.

Auk.

2421s 245
CommercialNat.. . 1 0 0 ......... 350 Southern Nat
100
115
95 100
Continental N at... 100 .................... State o f N. \\.
100 113 115
Slade (Fall B iv > ..1 0 0 ......... 59
Tex. A Pao. L’dTr.100
Corn Exchange..................................... Third National
100
Stafford
(Fall
Rlr.JlOO
105
109
U. S. Express........100
40
Drovers' National..................... 150 Tradesm en's___
95 107
U. 8 .K u b b e r C o ...l0 0
Stark .MIU»<N.H.)1000 1 0 0 0 1005 First National.......100 ......... 350 United States Nat. 100 190 225
Teoumseh (F. B.>. .1 o o . . . . . 1 0 2
do
p r r f..........100
Fort Dearborn S at.............................. Western National. 100 107
ThorndikeiMass.llOOO, 1200 1300 Globe National........................... 100 West Side................. 100
Wells Fargo E x p .. 100
Tremont AS. (Mass)100 120 125
_____________________________
West End Land CBosU
____
Hide and Leather. 100 ..........155
-----P
h ila d elp h ia ..*.*
Weet'n Union dee! Co.
U nionC .M f. (F.R.I100 ........ 177% IDs, Tr. & Say.............. ....... 378
Bank o f No. Anwar. 100
290
Wampanoag
(F.R-)IOO
...........100
M IN IN G S T O C K S ;
International..............: ..........: 140
Chestnut St. N a t..100
'■* ... .,..100, 95 100
(N. T . & SAN. FRAN.,
Uneo u National........ ........ .......
al Nat___50
do
p
r
o
f.................
102
104
Adams C o n s ..... . . . . .
Merchants' N a t ...1001 ....... — , Farm.AMooh.Nat. 1 0 0
105
American Flag......... .
W eetaaoe (F. E .i.100 ........... 45 Metropolitan N a t.100, ..........210
‘First National____ i oo
IS
23
..........
.wnilm'Ho Linen Co.25
Nat. Rk o f Anaer..lO0! ____ I........
- ..... . . .
Fourth St. Nat’l . . . l 0 0
iso"
A sto ria ......................... .......
-Y ork Co. {W ed....7501 880 1000 Nat.B’k o f B e n ...100: .........110
Girard N ational....4 0
B arcelona.
.......... ........
• « B A N K STOCKS.
National L iv e s to c k ...............230
Mitmit.-irCr.' N at.,10o
B a ltim o r e .
...1 00
Nonliw.-stern Nat. 100: .........I..........i Mechanics' N a fl.,1 0 0
■ "• Y d !;;;;:;
B elm ont...
42 -State Bank ................. ......... ........ W at.Bit. N.Mherties.50
•50......... Bank o f Comm erce. 15
Beat & B elcher..
17*2 Union N ational.. .100. .................... Penn National .
50
" io o .
■ 1 0 ......... Citizens'.................... 10 ......... 1»%1
Bodle.........
i 'l n e l n u a t l .
Philadelphia Nat’ l. io o
i» o ”
-50
2 » e o e .......
.100 .........126
Atlas National ...IOO, 130 133% Seventh Nati a a,. 1 . 1 0 0
• 1 0 ......... Farmers’ B 'k o f M & 3 0 j.........
B niwer.......
..10 0
© W rens’ NatlonaLlOO 210 220
Tradesmen's Nat' ! . . 5 0
-.100 ........
-75
.40
59
Commercial B an k..50
......
S t. L o u i e .
Con. Im perial...
Fsnnera'APlatiters' 25 .......
4
Eattitabie Nat____ 100 105 115
Amur. E x ch a n g e...50 170 190
"io o
-20 .........
C h ollar....
99 100
Boatmen's.........
i..,, 125
140
•15........ German American. 100
Chrysolite.
117
First National .11.100 225 230
Bremen.................... io o 175
•Oft....... Howard........................1
Comstock T un neU fk.
lo % Fourth > at ion a l .. 100 250 290
Chemical N at.........io o
73“
1 -2 0 ....... Marine..................... .30
Consol. Cal. 4 V » ........
. 40 jj German National.lOOj 190 200
I 'itizeua*.................. 100
115
•15....... . Mechanics’ ................10 14
Crown Point.......... 100
130
Market National..10O 125
Nat. Bank «if Com. lo o
120
m
■>M*te!t,rate" S a fi..IO O 1 130 135
Desulwood terra...........
1 0 0 ......... Merchants'.
.100
C om m ercial. . . . . io o
D enver City Con.......
National E xeb'ge. JOO _____ *12
Sat1mi.il LafavettelOOi 250 *278 iContinental Nat’1.100
.20
17
18
Dunkln................................................. People-'
Ohio Valley Nail! 100 110 115
FrankUn.................i o o
El Christo
1 0 ......... Second N ational..100 .........U'O
Second National ..1 0 0 ’ 320 33o
Fourth National-. 100
EuTcaCon...............100
95
•20....... Third National___100
Third National....1 0 0 130 110
German................... io o
15 Union.........................75 ......... 81
Father SDeSmet
100.
Western German.. 100 330
German AmurieanlOO
Gould ACIurry e.30.100
*20’........./W estern ....................2 0 ;
N e w O r le a n s
35%|
International........io o
140
Hale 4 N orerc»*..100
■40 . . . . .
B oston .
American Nat____100:
96
.
Laclede N ational ,. io o
102
Horn Silver...................
2 10 ---- Atlantic...................100 125 130
Bank o f ' ommorce. 10
14
13% L afayette................HW
•10
Iron Silver................20
. . . . A lia s........................100 115 117
Canal 4 Banking.. 100! 148 154
M echanics............. io o
•05 . . . . . Biacketone.............lo o
Iron H i l l ...................
Citizens*. ............... 1 QO 86 % ..........Merchants’ Nat’ l . .100
t'O * 91
Kings. A Pembr’kc 1run
•181. .... Boston N ational.. 100 9 2 V 93
16 _____ MuSlaopliv..............1 0 0
0**»P*r»MV»............ 25
•03! •08 R oy istoo................. lo o 122 125
L acrosse....................10'
Geit—vtia Nation’!. 1Oo 190 210
Nat. 8k. ltepuliUo.100
85
Lead rtUc Consol— 10,
•10
B fo a lw ir ................IOO 150
....... Hi hernia National. lOO 191 2 0 0
N orthwestern_____ 100
Little Chief.............. 50
•10........ Hunker H ill........... 1 0 0.20 5
207 Louisiana N a t ___ 100 113
135
St. Louis National 100
u i‘
•40
M e x ica n ................. 100
Central..
lo o 148 152 Metropolitan.......... 100
162
State Bank...............60
190
M o n o .............................
---- ----------CUT
100 85
»8
Mato*! National . 1 0 0 ___
UiO
Third National___ loo!
103
M oulton........................
•20......... Columbian
____100 99
01
Sew Orleans N aL. 100 700
S a il F r a n c i s c o , 1
. . Commerce...............100 115 113% P eople's................I so l 89 !.'.T .I !Anglo-Oaliforalan
« W o ....................100
•|.I h
itatIA Vallnnal
I I41 Bank
Ifuntr onf
ft.. 1.4
I .
North Bello Isle........... !
......... Comm ercial.............10<> 89
95
’State
National . . . . Il o4V,o. _____ 140
f California
214
-70
O phir........................ 10
130
Comm onwealth.... 100
Traders' ............... 1 0 0 ;..................... U nit Nat'l G old . . . 1 0 0
Oriental 4 MULr........
•03
C ontinental........... l o o
117
Union National . . . l o o 116 1 2 1
Leaden Puri* & A.
115%
Phumlx of ArU.fk.otfs.
•35
Eagle....... ...............lot)
90 : 95
Whitney National,100: 340 ' ......... London 4 San Fran..
Plym outh.....................
10 . . . . . . E lio tt......................100 115 118
P acific........................ .
Bobthson Coegc*__ 50
.......
'30 Everett...................l o o
91
90
N ew Y o r k .
IN 8 IK A N C K
Savage..........................
" 2 5 ........ E x ch an ge............... 100 119 120
A m erica................io
20 s
sto c k s.
. BBS.o., too
. . --205
Blerra Nevada....... 1 0 0
•40........ Faneull H a ll.......... 100 120 121
American Exeb'getOO ......... 149
N ew T u rk .
Standard................ loo* T 1 0 . . . . . . First National........ 100 223 235
Bowery
IOO ........... ........ Alliance
.1000
Union Consol..........10O.
•30!.
First Ward..............100 125 129
Broadway ........... 25 ........... ....... A m erican................. 5 6
Utah..............................
120
Fourth N ational.. 100 l l »
Butcher« AtI>rov<*rvT25 180 :2 0 j 'B ow ery..................... 25
Yellow Jacket............
•-3s‘::r .; Freem an's..............100
90 : 93
Central National lot 110 ........ Broadway.................. 2a
B O S T O N .T U N IN G .
G lobe....................... 100
80 ! 93
Chaw National— too! 400 j ........ Cltlwna’ ................... 2 0
(S e e P a g e .»5« , /
; Hamilton................ to o 1 1 2
113
c a a tb a iu ................. 3 5 340
10 0 jCom m onwealth . . . 100
■ A i i m O T ’ I .I O .
Hide «k Leather ...1 0 0 115 118
Chem ical................. 100: 4000 ...... .-Continental............lo o
A m .Linen< F .illv )_loo . . . . . . 9=t
City......................... 1 0 0 400
....... E a g le ...................... 40
A roory iN .H .).......100 . . . . . . 4 2 0
Amoskeag IN.H.) 1000 1600
------ 1750
99% lo o
Oolumbtu...............too: ..........
Farragnt..................... so
Andro»ct>g’ n ( M .j.l u o 136 137
M a rk e t.................. 100 92
0 2 % Commerce___ ____ 1 O0 160
190
German-American io o
Appleton iMaead-lOOi*: 150 ;380
Market (Brighton).100
99% 90
Continental.......... 1 0 0 125
Germania..................s o
n«
Atlantic (M ass.)... 100 73 1 81
Maaeaehuse t t » . . . . l o o
93
95
Corn E x ch a n g e ... 1 0 0 257 270
Giohe.................
50
Rarnaby (Fall Klv.) .,
■>123
Meehanica'..............100 131 134
Oepvelt
.......... . . 1 0 0 ......... ....... Greenwich................ 2,5
Barnard M fg. (F.E.,
. . . . . . ! 85
Merchants*............xoo 144 m s East R iver................2A 140 ........ Hamilton................ 1 5
gate* (Me.)............ 100 125 125% M etropolitan.........l o o
X i
Eleventh Ward....... 25 200
......... Hanover.................... 5 .
B oon CriMMruu.;IOOo 1150 12 *0 'M onum ent.............100; 2 3 ; 342
81fth aven ue........ lOoi 2tW0 ......... H om e....... ...............1 0 0
Border City Mtg. |F. K.)1 ........ 136
Mt. Vernon............ lOo 130 134
Ptttil National.......lo o ........ ....... . King* Co. (B'klyu) 2 0
B ostonChMMaaS.il (MX, 1025 1075 -New
___ E
.BW
— d .......
|
„ „
n glan
. . . . . JIOO
150 ,155
F lm N ational.___ 100 2600
Manul.it Builders' 100
Boston B elting. . . . 100 170% 171
N o r t h ................. IOO' 109% 110
FI*« Nat.uf Staton Id.. 113 120
Nassau (B rooklyn).50
Boat. Dnek (Mm».)70O 1060 1070 North A m e rica ....100 104 103
F vur.«uiili Street. 10v ___ ........ National................. 3 7 %
Chaoe (Fall River). 1 0 0
96 to o --------Old Boston----- . . . . 1 0 0
05- - l-*8'
Fmirth NaUouat ..IOO 180 200
Niagara .................... 5 0
Chicopee (M aw.)..KKi. 103 106
People**...................100 to o
163
OailaM) National ..SO 285
North R iv e r .............25
Cneheco (N .IL > ....500 350 375
Risb raptlon ..........1 0 0 120 *123
GarUeld....................i„<,
. Pacific........................2 3
OoBfemCo. (Conn.) too » 3 ...... Republic...................lo o 149 14 % ieruuui A m erican.. 75 110
. P e t e r C o op er.......... 2 0
Continental (Me., 100 17
20
Revere.....................IOO 97
99
German Exchange 1 00
Phenlx (B 'k]yn),...5>j
150 155
..................... .....
Rockland................
................. I100*
W 1,1V
Gertnsnta...........l.lu O 300
, R utgers..................... 2 5
185
Greenwich , . . . . . . . . , 2 5 150
. Stuyvosant................t5
S ? v M ',K &
Vo-w"
W , . . . . (laim ver.......... ...1 0 0 330 328 : United States.......... 25
D .w i gj ___
h _________
t s o o - 8 2 0 ,9 * 0 ,- a SP„m m i . .............. •100
'
125 I Hide A Leather . . . l o o
. W eetcheeter............ to
Erl wards (Me.) ..,1 0 0 118 123
3 h '«
le a.....H
t h e r ." H*0
i .
80
90
Hudson R iver....... 100
. WiUuuMtini-g C lty.,50
Everett (M ass.)..New 100 ,03
South E nd...............IOO 81
3 7 -Im porters’ A Tr...IO O 345
Flint Mills (P.K . , . 1 0 0 ........ to o
State......................... 1 0 0 104% 10.1
Irving... .................. 5 0 HO
31A I IIN E m k i n t .
180
PraakUti (Me.) . . . l o o
99% 100
Suffolk.................... , 1 C«» 1 0 0
100**: Leather M anuft*.. 1 0 0 220
ANCK SCU LP.
O rbs Y.MlIte(F.R.) IOO 108 110
Third
N.....................
ational___ 100
SR1* Liberty .................... 10 0
.......
..
90
Atlantic Mutual..........
GnualtelF.R.)...... .lift). ......... 1 12% Traders*...................100 53 . . . .
Lincoln ................. H)o
1 8 9 9 . . . . ...............
GreatPaUs (N .H.). 100! n o
111
97 1 0 0
T rem on t. . . ___ . . l o o
M anhattan.............. 50 180
1890
.............
Hamilton (M au.)1000i !<•«(<
Union...................... 1 0 0 128 132
Market A F u lto n ..lo o 215 210
1891
..................... ..................... ..................... ..
Hisrtf. Carpet (Ct-HOO. 30
107 :Mechanic*'................ 25 160 193
Washington............ 10 0
1892
..................... ..................... .....................
eo
a m (M e.)................ 1 0 0
st
Webster................... 100 ‘ gg
1893 ............................
Mechauitjs* A IT ....2 5 150
Holyoke W. Power. 100' 27 i
w in th r o p ................ 100 115 120
Mercantile.............. 1 0 j
; Cornm'el Mut. In ,3-n2
220
Jackson (N. H., 1000
B r o o k ly n .
M erehahte'...............S»,
152
KlngPhUtp (F .R ). io o :
Badford.....................100 175
Merchants' S ze h 'e .6 0 i*35‘
P R IC E S O F E X C H A N O B
Laconia (Me.) ....4 0 0 595
Broadway................. 100 105
4
Metropolitan......... 1 0 0
10
M E .t lllK I t s illP S ,
L aneaef r M. <N. H .. too 605
Brooklyn..................
............ 100
. ... 180 ..... Metropolis.
.100 445 475
1/rel Lake Mill* (F. B.) ___
City N ational........... 5 0 ,4 0 0 410 M ount.M vrne......... xoo
N.V. Stock, la.oovoxd" 19.000 ask.
Lawrence (Maw.)..TOO 1 6 0
.... Muro*y l u l l ............. 5 0 Firth A venue.......... 1 0 0 (1 5 5
_____
Last sale___________
18,000
Lowell fM a a s.)....690 6s5
First N ational____ 100 450
.... Nassau..................
50 135 180
N. Y.Ooiutol.dt'k A Pet. 1001). 125a.
Lowell Bieaehers . lo o 100
Fulton........................ 4 0 2 0 0
New y .irk .............. 1 0 0 200 .........
125
Last sale, Sept. 12..
Ixrwell Manh-Hbop.5 1 x i 625
H am ilton.................100 142
....
Now f o r k Comity. 10 0
............ N, Y. P rod u ce............
000 bid.
Lyman M. (Maas., .100 69
Kings C ounty......... io o 150
153
N.V.N«t.E veil'll go lOo i'o'j
600
I2>
, Libit sale, 8ept. 11..
M a*0b«ater{S.H.)10O ll-O
is*ng Island,.......... 100 .......... 160
Ninth National___100 lo o
125 :N. Y. C o t t o n .............. 1.050 asked.
Maas. Cotton . . . . 1000 LOW. . . . . . . _______
Manufacturer* . . 80 215
NinetemiHi Ward. 100 MO _____I Laet Side, Aug. 10..
1,025
Mechanics- (F. R., 1 0 0 ......... 77% Mechanic#' . . -..5 0 ! 275
North A m erica....... 70 MO 180
n . Y -O offb e............... 200b. 225a,
Merchant.*.' ip , R., t o o ! 103
S06
O rien tal................... 25 220 245
Mechanic*’ A Traders'; 250
200
Laet gale, Aug. 1 0 ..
Jterfm acktM aeeil 0 0 0 1 0 1 5 1 0 2 5 -Nassau ........ .,..1 0 0 ; 290
Paelllc....................... 5 0 180
N. Y. M e ta l................ 751), 100a.
Middlesex iMa**.). lo o : 135 1 1 0
North Side.............100; 1 6 0
Park. . . . .. . . . . I o o
R'i EsI. Ex. <k Ana. R'ui /aOi), 800».
.3 0 5
Nashua Of.
500 <90 500 P e o p le '*................... 50i 150
People's. ........
5 ....... :....
Last
sale..................
tr*«mSeagma*MtO0 101 %!103 8«veno*enth War.1.1**0 ........'1 7 0 Pneulx.......... ............ 20 110 ........ Boston S to ck .............. 17.000 aek.
Newmarket............500 300 3 to
17.000
..... ...........
Lastsale, June t . . .
Sprague........ *.......10 0 :20 0 ------ Pnfttnec ExehangetOO
Oehorti MiUs(F.R.)io*: io a
10 9
26th War.1 ............ 100 165
....... Republic............. .100 160 190
Philadelphia fitook... 2400b 2500a
Paetfic (Mam , ) . . . 1 0 0 0 1500 1 05 WaBahout..............100; 110 1 2 0
Swaouai'd........ ....... 1 0 0 173 I....... .. Last, sole...................
2,600
1300 13tS
C h ir » fo .
6,-cuud N,.tinnaL..100 300 ......... Chic. Board of Trade.
"T ,io o "“
112% American Exoh. N at...............145
Seventh Natinnat .100 luO .........it Laatsate...................
(100
At,a* National......................... 125
Sherman ................ m o ........ |......... Chicago Blank. ......... 1.050 asked.
Room on i f . Btv.ltOOv.
930
...........-Chemical National...... .........! ......... Shoe A Leather . . . t 00 100 ..........
Last sale, Bept. 6 . . .
'IF.RIv.i.lOOi 105 1"*
•oob. 575a
Chlcagn Nat..........IOO ........:i(*i
81 Snumiwi
...1 0 0 ........ .......
Pittsii. Pet- m'u i« >r

if*

120

210

* Prices ootoinaL

» Price per share—not g-m oent

t 75 per cent paid In oasn.

THE CHRONICLE.

464

R oads .

% v v iz s tm z n t
% n U ll% Q z iu z *

2 he I n v e s t o r s ’ S u p p l e m e n t , a pam phlet o f 150 p ages
contains extended, tables o f the Stocks and Bonds o f R a il­
roads, and other Companies, with rem arks and statistics con­
cerning the income, financial status, etc., o f each Company.
It is published on the last Satu rd ay o f every other month—
viz., Ja n u a ry , March, May, Ju ly , September and November,
and is furnished without extra charge to all regu lar sub­
scribers o f the C h r o n i c l e .
The General Quotations o f Stocks and Bonds, occupying
six pages o f the C h r o n i c l e , are published on the t h ir d
S a t u r d a y o f each month.

R AILROAD EAFNING S.
Latest Earnings Ret orted

R oads.
Week or Mo

1893,

1 4 92,

Latest Earning* Reported.
Week or Mo

AND
-j& a ilr g a x i

[Vol. LTVII,

J a n , x to u a t e s i x/u,*.

1893.

1892.

9
$
90,871
14 27?
101,007
14.582
Adirondack____ July
223:7i<1 1.526,190 1,455,292
206,741
Allegneny Vai. July
874 ,2 8 2 2 6 .lb 8 .8 4 25,053,272
Atch.T .& S. Fe* 1st wkSept 752,991
8t. L. & San F. Istw kSept 151,616 l O s i i O 1 5,8 9 9 ,1 1 9 5,783,718
Agg. to ta l... IstwkSept 904,607 1 ,0 6 9 ,7 22,^ 2,067,965 31,436,991
3 54,438
50,4,75
375,102
53,309
A tla n ta^ CLiar.a J u n e ... .
34,355
7 ;3 7 o !. _ 33,225
3,992
A tlanta & Flor’a May............
B.&O.EastLines July........... 1,610,452 1 ,6 2 1,725 10,846,369 10,985,343
3,399,245
494.873
Western Lines .July...........
464,932 3 ,566,378
2,105,324 2,0S6,556 14,412,746 14,384,587
Total
J uly
55,365
Bal.&O.Southw. Istw kSept
56,853 1,758,435 1,765,042
10,405
10,384
1.621
B a th & H am ’nds J u n e .........
1,757
27,331
20,720
3,541
1,485
Bir. & A tlantic.. August___
Bir.Sh.&Tenn.R J u n e .........
4,814
21,206
Brooalyn E le v .. lstw kSept
28,929
33,706 1.2 8 1 ,7 0 0 1,263,811
Bufl.Rocli.&Pitt 1st wkSept
59,9 4 6
67,809 2,3 4 3 ,0 6 9 2,137,660
Bur.C.Rap. & N 1tk wk Aug 120,603
135,287 2 ,469,637 2,609,469
430,965
458 ,4 0 4
148,147
131,162
Camden & A t l .. July
CanadianPacitic 1st wkSept 4 27.000 425,000 13,598,265 13,863.971
15,448
22,788
Car.Cum.G&Ck. June
1,142
3,568
37,068
35,278
3,980
Car. Midland___August____
5 ,127
7,981,829
8
,418.336
Central of N. J . . July___
1,281.469 1,247,528
Central Pacific.. July........... 1,*49,578 1,370,059 8,001,349 8,164,579
49,970
55,045
7 ,650
5,712
Central of 8. C .. June
90.400
90,351
Char. Cin. <&Chie. August___
8,500
10,685
351,319
0
8
0
,1
8
9
57,119
Charlest’n&Sav June
41,292
88.237
98.473
Cbar.Sum.A; No. August___
7,000
9 ,500
24,386
2 6 ,8 6 7
Chat'qua Lake.. June
4,612
5,616
43,574
52,395
4,276
Cheraw .&Darl.. July.
4,978
6,662,970
6
,8
82,363
C k es.& O h io___ 1st wkSept
188.145 21 7 ,4 9 4
179,129
Ches. O. & .8 .W . July
1 68,780 1,338,115 1,207,645
174,872
Chic. Bur. <fcNo. July
150.562 1,352,137 1,122,424
Chic. Bur. & Q .. July........... 2,949,374 3,214,136 21,925,382 21,450,975
Chic.& East. 111. Istw kSept 114,269
98,587 2,966,335 2,707,714
237,019 2 02.137 1 ,4 48,210 1,364,272
Chicago & Erie. June .. .
91,465
128,014 2 ,8 39,975 2,306,691
Chic. Gt. West’ n , 1st wkSept
9 25,826
821,281
188,687
C h .J .R .& U .S.Y . April.........
203,343
Chic.M il.&St.Pf IstwkSept 617,715 725,240 21,829,277 22,019,521
3,156
Chic.& Ohio Riv. 4tkwkJ uly
2,478
2 ,6 69,422 2,796,631 17,413,406 17,659,827
Chic. &N,thw’ n.'July
705,220
768,198
32,842|
35,439
Chic.Peo.&8.L.6 4thwkJuly
Chio.R’k L & P .. August___ 1,802,712 1,935,840 12,339,382 11,492,855
556,202 726,682 4,4 2 2 ,4 7 3 4,712,143
Chio.St.P.M.&O. J u l y .........
43.8 4 0 1 ,265,463 1,304,522
34,715
Chic. & W. Mich. 1st wkSept
45,141
45,147
6,762
Cin. Ga. & Ports. August___
7,569
468,286
462.640
12,778
O n . Jack A Mac. 1st wkSept
15,886
Cin.N. O. & T. P. 4thwk Aug 116,293 142 ,2 1 4 2 ,650,889 2,774,396
A la .G t.8o u th . 4thw kAug
49,521
59,108 1 ,130,715 1,144,526
820,756
870,166
N. Orl. & N. F. 4thw kAug
29,8 1 7
37.8 4 0
339,661
392,418
Ala. & Vicksl . 4thw kAug
14,767
19,419
338,309
322,778
Vicks. Sh. & t'. 4thwk Aug
2 0 ,2 1 0
18, 97
278,791 5,3 1 4 ,2 1 0 5,470,904
Erlanger By '. Itkwk Aug 228,595
13,605
13,146
1,903
2,186
Cinn. Nortkw'u. August___
163,723
17 9 ,2 0 2
26,3 7 4
28,234
Cin. Ports. & ^ .. August___
9,550
9,643
1,542
1,565
Col. & M ay- v. August___
644,620
658,918
22,7 8 2
O ev.A k ronA ' o. 4th wk Aug
31,048
373,080
449,797
103,000
Clev. Can. <fc so. J u n e .........
81,866
Cl. Cin.Ch.&S.L. 1st wkSept 280,807 300,825 9,3 6 6 ,9 1 8 9.910,439
991,838 1,026.556
31,322
33,231
Peo. & East’n. lstw k Aug
213,410
223,793
9,391
5,963
O e v . & Marietta 4thwk Aug
21.684
33,012
2,505
3,771
Col. Newb. & L . June
277,560 1 ,943,766 1,833,524
306,655
Col. H . V. & Tol. July
378,045
361
,7
0
4
32,163
Col.Skawnee&H July
55,588
16,572
18,670
Colusa & L ake.. August___
6,033
4,229
562,970
583,350
Conn. River.
J u n e ..........
130,802
107,293
Current R iver.. 1st wkSept
" 3 ,4 4 6
""1 ,5 6 6
Benv.
Rio Gr. 1st wkSept 1 12,800 178,300 5 ,369,425 6,092,404
270,261
262,279
Des. M .N o .& W . August___
38,985
33,511
239,461
304 ,2 7 0
Det.BayC.&Alp. August___
28,867
27,700
807,647
812,089
Det.Lans’g&No 1st wkSept
24,253
22,358
DulutbS.S.AAtl. 4thwk Aug
77,0 3 0 1,4 7 5 ,6 9 0 1,486,251
64,305
65,419
133,097
26,741
Duluth & Winn.. J u n e .........
8,239
204,235 3 ,657,958 4,0 1 6 ,0 7 0
E.T enn.Ya.A Ga 4 th wk Aug 150,173
541,365
595,051
75,855
71.167
Elgin. JoL&E as l A u g u s t....
36,964
44,1 2 3
6,576
7,622
Eureka Springs. June
256,614
25 2 .6 4 0
8 ,094
6 .637
Evans Ind’p lis& '1st wkSept
59,216
77,983
2,724
3,035
Evans. & Rich.. j2d wk July
9 37,289
877,758
30,7 4 0
E vansv. & T. H.11st wkSept
26,053
Fitchburg........... 'July............
6 43.498 4 ,3 08,842 4,176,837
644,711
52,596 1 ,9 59,984 1,961,063
F lint & P.M arq.. 1st wkSept
47,891'
19,012
80,165
1,649
9,902
Florence............'June
97,667
99,6291
Fl.Cent. <fcBenin Juno
230,760
21 9 ,5 9 0
23,871
18.168
Ft. W. <fc Rio Gr August___
6.792
9,695
1,210
786
Gads. A Att. U .. August___
846.598
916 ,7 4 2
98,990 118,469
Georgia R R ....... A u g u st..
24
2
,2
8
0
90,9
80
22,111
40,456
Ga. Car’la A No Juue
5 33,570
4 34,825
56,475
Geo. Bo. A F la ... August___
54,033
23,417
24,029
3,333
3,976
Georget’n A W ’n J u n e .........
5 0 .7 7 0 1,554,933 1 ,675,834
34,412
G r.R a p .A In d ... 1st wkSept
307 ,9 6 0
334,921
10,282
7,004
C in .R .A F L W . 1st wkSept
144,971
165,945
5,718
2,849
Other lines.. . . 1st wkSept
66.770 2 ,007,864 2 ,1 76,700
44,265
Total all liueB. 1st wkSept
^ran d Trunk. . . Wk sept. 9 413,033 4 10.891 13,316.702 13,289,896
72,0 8 0 2,520,498 2 ,5 12,277
Chie. A Gr. Tr. Wk Sept. 2 108,676
73 6 .4 3 7
78 9 .1 7 6
30.684
25.128
D e L G r.H .A M .1Wk Sent. 2

1893.

1892.

Jan. 1 to Latest Date.
1893.

1892.

Great North’n— !
&
*
St. P. M. A M. August___
9 59,280 971,057 7,9 7*5 ,3 0 7 7 ,5 4 4 641
East, of Minn August----107,699
114,641
713,593!
705 ,7 6 8
Montana Cent August___
89,253
756,893
7 4 2 ,0 5 4
96,248
Tot. system. August___ 1,156,232 1,181,946 9 ,4 4 5 ,7 9 4 8 ,9 9 2 ,4 6 4
Gr. P.Wal. A Br. J u u e .........
2,446
11,455
11.022
I , 825
Gulf A Chicago. August___
3,516
3,094
25,862
22,7 0 1
H artsville.......... J u n e .........
419
459
5,858
5,561
Hoos.Tuu.AWil. J u ly...........
3,032
3,426
20,471
20,0 4 9
Hous.E.AW.Tex A u g u s t....
29.637
29,151
Humest’nAShen August----11,300
12,125
82,809
90,191
Hutch. ASouth’n August___
7,937
11,104
46,148
4 9 ,2 2 3
Illinois Central. August----- 1,853,035 1,591,017 1 3 ,5 43.602 12,1 5 6 ,7 3 1
Ind.Dec.&West. A ugust___
36,118
276,812
63,007
3 2 9 ,2 5 0
62,893
In.& Gt. North’ n 1st wkSept
98.050 2,5 8 2 ,9 0 2 2,3 7 5 ,8 0 9
38.0 0 0
Unteroc. (Mex.) Wk Aug.26
31,5 4 0 1,394.692 1,230,286
43,084
Iowa Central. . 1st wkSept
42,8 9 6 1,230,536 1 ,229,076
1,620
Iron R ailw a y... August___
3,207
26.038
22,4 5 1
6,702
KauawhaAMicb Istw kSept
6,811
237,746
2 5 1 ,4 6 1
5,090
223,671
Kau.C. Cl. A 8p Istw kSept
6,873
2 1 0 .3 5 4
76,7 2 4
K.C.F.S.AM em Istw kSept
97,2 6 0 3,1 3 6 .7 8 7 3,2 5 2 ,2 3 1
2 1 ,0 1 0
K.C.M cm .ABir 4thwk Aug
30,137
692,719
685,625
105.507
4 ,046
K. C. Pitts. A G. Istw kSept
1,5 If)
3 7 ,0 4 6
6,879
Kan.C. Sub.Belt Istw kSept
3,761
164,161
7 3 ,0 1 2
24,018
Kan.C.Wy.ANW A ugust..
32,960
214 ,1 3 9
214 ,4 0 7
15,314
11,621
Keokuk A W est. 4thwk Aug
249,670
2 5 2 ,9 3 6
6 ,376
L.
Erie All.
6,434
A uA
g uSo.
st...
5 2 ,4 5 3
52,578
84,036
79,185 2 ,460,084 2,3 3 4 ,8 4 3
L. Erie & W est.. Istw kSept
51,1 3 4
Lehlgli A H u d .. August___
48,369
380.508
2 91,853
129.54:
Long Island___ 2d wk Aug
136,226 2,662,528 2,6 6 3 ,1 5 4
38,188
Louis. A Mo.Riv. June
34,563
203,789
2 05,041
30,S>3
Louis.Ev.ASt.L. Istw kSept
37,924 1,225,819
93 5 ,5 9 9
Louisv.ANashv. Istw kSept 333 ,4 9 5
423 ,6 9 0 1 4 ,2 6 *,7 6 9 1 4 ,3 50,384
94,621
75,754 2 ,3 4 0 ,6 1 4 2,1 7 8 ,4 9 8
Louis.N. A. A Ch. Istw kSept
42,238
L ou.St.L .AT ex. August___
58,966
4 ,0 3 4
6,027
43,3 1 2
Macon A B irm .. August___
4 8 ,9 4 9
7,617
898
Manches.AAug. Juue
75
6,253
232
Manistique......... August___
431
70,470
79,1 6 5
34,521
919 ,3 1 2
52,096
Mempkis&Chas. 4 tli wk Aug
908 ,0 3 5
114,179
^Mexican Cent. IstwkSept
135,279 5 ,374,259 5 ,2 1 9 ,5 2 0
1 48,329
Mexican Inter’l July..
181.095 1 ,2 17,612 1 ,042,321
67,313
[Mex. National. 1st wkSept
88,555 2,910,267 2 ,8 9 6 ,9 7 4
62.829
[ Mexican R ’ way vVk Sept. 2
51,117 2,0 8 3 ,8 0 3 2,0 7 1 ,1 3 2
52,183
55,361
Milwaukee & No 4th wk J’ne
8 54.449
796,668
11,437
76,979
87,8 9 3
Mineral Range. A u g u s t....
I I , 098
127,613
Minneap.ASt.L, August___
174,213 1,127,246 1 ,259,968
112,476
66,522 2 ,198,795 1 ,940,522
M.
St.P. AS.S.M
4thwk .Aug
M o.K an .A T ex.. IstwkSept
163,664
217,566 6 ,2 93,359 6,0 9 0 ,6 2 8
Mo.Pac.AlrouM IstwkSept 4 31,000 6 0 3 ,0 ' 0 16,792,554 17,817,659
3
,524
3,72~
Mobile A Birm. 3d wk July
208,961
Mobile A Ohio. August___
249,308 2,1 2 6 .1 5 2 2,1 4 3 ,2 0 6
85.000
48,500
427 ,4 3 4
Mont. AM ex.G li July.
614,223
350,932
Nash.Ch.A St.L. August___
447,766 3,219,977 3 ,3 6 0 7 5 0
4,274
Nevada Central J u u e ........
3,798
31,167
26,8 4 2
151,947
1 4 3 ,3 5 4
N. Jersey AN .Y . June ___
1,593
77,683
87,472
NewOrl.ASo’n. 4thwk Au;
2,248
N .Y .C .& H .K ... August . . 4,063,912 4,061,441 30,617.651 2 9 ,1 79,488
N. Y . L. E. & W J u u e ____ 2,668,683 2,742,729 14,488,357 1 4 ,7 93.203
N. Y.Pa. A O hio.. J u n e ........
636,160
599 ,7 4 2 3 ,578,916 3,3 8 6 ,6 8 5
N. Y L A N .E n g... J une - . .
3,0 9 8 ,5 7 0 2 ,906,003
363 ,7 1 4
397,912
N .Y .A North’ n .. A u g u st...
51,373
61,216
69,010
N. Yr. Out. A W . Istw kSept
64,159 2,657,088 2 ,3 6 2 ,9 4 7
950 ,5 7 0
N.Y Susq. A W .. July...........
y 97,042
160,436
164,407
268,47o
2 57,376
34,011
34,718
Norf. ASouth’ n July.
170,822
Norfolk A W est. Istw kSept
211 ,2 9 0 6 ,813,081 6,4 1 1 ,2 3 6
377 ,0 0 4
36 4 ,7 0 6
43,873
N’theast’n (S.C.) June
42,01 L
North’n Central. July.
587 ,6 3 6 4,0 6 0 ,7 1 5 3,9 1 6 ,1 6 6
566,165
NorthernPacitic 3d wk May 413,233
368,379 7,0 0 9 ,6 4 6 7,7 4 8 ,8 4 2
96,583 1,843,353 1,971,818
86,763
Wis. Ct. Lines 3d wk May
N .P.A W.Ceni. August----- 1,866,641 2,782,668 1 5 ,7 36,360 18,553,268
2,226
Oconee A W est July...........
422,344 2 ,7 4 7 ,1 7 0 2,6 9 2 ,4 8 3
355,908
Ohio A M is s .... A u g u st...
46 9 ,0 0 7
22,501
21,497
529,998
Ohio River........ 4th wk Aug
35 8 ,7 1 3
48,769
48,279
392,678
Ohio Southern. July.
227 ,0 1 4
38,9 3 4
45,679
241,505
Omaha A St. L .. May.
357 ,6 5 4
372 ,4 0 0 2 ,1 71,066 2,1 9 5 ,5 8 2
Oregonlmp. Co. July
129,207
19,122
207 ,7 6 6
Pad.Tenn. A A la. August___
22,573
18,592
17,056
148,228 ' 117,046
Xenn. Mid I’d. August___
38
,2
7 4 ,1 2 4
39
,4
3
7
,4
6
4
5,578,672
5
,5
52,047
Pennsylvania... July...........
575 ,1 6 4
5 94,602
15,983
PeoriaDec.AEv. IstwkSept
17,645
336
,6 6 3
3
37,412
43,5
0
4
48,895
Petersburg..
July..........
45 4 ,1 9 3
4 21,365 3,0 0 4 ,2 3 2 2 ,748,113
Pbila. A E r ie ... July..........
12,665,781
1
2,792,3
L4
Phila. A Read’g. July.......... 1,867,378 1,881,253
Coal A ir . Co.c. July.......... 3,0 2 4 ,4 7 4 3 ,8 26,692 2 5 ,1 12,014 18,092,209
Total both Cos. July......... 4 ,891,852 5 ,7 07,945 37 ,9 0 4 ,3 2 6 3 0 ,7 57,990
Lehigh Valley May.......... 1,490,781 1,567,463 7,132,453 6 ,902,235
25,295
25,143
2,710
2,477
Pitts. Mar. A Ch. A u g u s t...
2 12,109
315,330
36,2 3 2
61,095
Pitt.Shen.AL.E. A u g u s t...
916,771
124,453
119,431 1 ,0 55,704
Pittsb. A W est.. A u g u st...
4 11,846
529,976
55,472
57,1 6 4
Pitts. Cl. A fol A u g u st.. .
212 ,6 6 7
2 43,707
25,202
31,568
Pitts. Pa. A X'. August___
4=),015
Total system.. Lst wkSept
47.881 1,874,461 1,589,163
836,905
8 76,882
155,247
143,9^6
Pitt. Young. A . July...........
116,894
145,820
14,748
13,458
Pt. Royal A Aug. J u u e .........
130,965
1 58,635
14,065
17,305
Pt. Roy. AW . Car. Juue ........
181,773
20,872
171,648
25,149
Quincy O .A K .C . August___
397,521
422,471
Kieh.Fr’ksb.AP. J u u e ..........
77,0 5 4
81,079
210,363
213,690
28,393
31,591
Rich. A Petersb. July...........
430 ,3 7 6
357,213
6,267
14,710
Rio Gr. South’n. Istw kSept
1
,696,498
1
,492,629
68,3
0
0
4thwk
Aug
98.200
Rio Gr. West’n..
76,0 7 2
85,939
Sag.Tuscoia&H. A u g u st...
14,453
12,558
52,8 6 0
55,852
8,452
8 ,014
Sag.Val. A St. L. July..........
969,437
27,7 3 0
30,6 5 0 1.066.17S
St. L. A . A T. H. 4th wk Aug
19,380
17,554
2,326
1,951
St.L.Ken’ etASo. August___
80,900
88,100 3,1 5 1 ,2 8 4 2,7 9 6 ,8 5 2
St. L. South w’rn. Istw kSept
1
,249,142
1,1
1
4
,0
5
7
1 92,799
135,387
St. P au lA D ul’ th A u g u s t...
7 7 0 ,8 3 8
972,857
1 09,422
119,601
Sau Ant. A A .P J u n e ........
3 ,114
3,861
392
542
Sandersv.ATen. July..........
5 5 9 ,0 9 4
542,556
37,800
29,719
S.Fran.AN.Pac. 4thwk Aug
322,641
328,803
31,0 0 0
43,4 5 5
Sav. Am. A Mon. August___
1,552,427 1,6 5 3 ,2 0 2
Sav.Fla. A West. J u n e ..........
5 0 ,6 4 4
38.9 7 6
8,000
11,500
Silvorton............. August----157,865
150,759
30,742
28,5 7 0
Sioux City A No. M a y ...........
1
12,694
147,798
14,700
13,500
South Bound— August___
So. Pacific Co.—
319,158 2 ,4 8 4 ,5 1 0 2 ,3 8 5 ,3 0 7
314,809
G al.H ar.AS.A J u ly ....
81,7 5 2
649 ,2 8 3
571,469
83,936
Louis’a W e st.. J u ly ....
374,879 2 ,9 7 9,809! 2 ,724,702
385,030
Morgan’sLAT. July----17,994
132,738j
116,068
19,178
N .Y .T . A M ex. J u ly ....
140,251 1,0 7 4 ,8 5 9
9 27,836
147,618
Tex. A N , O rl.. J u ly ....
9
3
7
,2
9
7
7,392,163]
6,7
8 3 ,1 9 7
957,246
July----Atlantic sys.d.
3,047,000 3 ,195,167 19 ,7 7 3 ,1 3 6 19,460,901
Pacific system July—
4
,132,464
27,165,504]
2
6
,2
44,098
4,004,446
July—
Total of all..
CoastDiv(CaL) ^ J u n e ----908,669 6,10 3 ,1 0 9 ' 5 ,4 87,593
968,328
Sou.Div. (Cal.)
151,38o| 1,2 0 6 ,8 2 8 1 ,111,189
1 48,698
Arizona L 'iv .. J u n e . . .
7 4 .4 5 9 '
5 6 8 .3 8 4 1 577.399
66.842
NewMexJDiv. J u n e . . .

THE CHRONICLE.

S eptember 16, 1893.J

J a n . I t o L a t e s t D a te .

L a ten t E a r n i n g s R e p o r te d .

Roads.
W eek o r M o

Booth Carolina,.
8outh.fcNor.Csir.
Spar. On. ACoL
Staten let. R. T.
e to n y C l.& O lt..
SonuaitBraneh.
Lykea* Valley
TotT both Co's
Texas & PaelBc.
TeUS.Val&K.W
Tot.A. A.&N.M .
ToL&OhioX’eut-Toi

p.

Augnst—
J u n e _____
l ut«s.........
duly..........
J u n e ........
July'.......... r
Ju ly..........
Ju ly ..........!
l-S «

August__ ;

2d * V Apr.?
1st WkSept

& W e st.. illlKit AMS

1893.
S
85 100
008
9.251
1*7.149
5.324
00,307
80,051'
176.360
108.699:
4.2*4
26,577
4 0 .n o
24,873
46,304

1892.

1893.

S

93,107
6,062:
8.143

155,403

*
l
834,249
13,444
55.175
603,275
14,840
742,008

s
83 0 ,7 9 4

112161

51.941

T ol.S t.L .A K .C , 4thwk Ann
2 ,058
T o h * So, Haven April__
51,613
O u ter & Del .. J u ly ......
Onion Paeinc—
480,141 099,201. 3.679,657: 3 .9 9 1 ,0 3 4
Or.S.L. .* r . N. Ju ly ..........
28l,300i 3*3.405
383,465) 2,136,810 9 , 3 4 3 ,9 4 0
Or. Ky. & N.Co. Ju ly ..........
O .P s«s,D .A -0. J u ly...........
3.87,759; 490,972. 3,133.619 3 2 0 9 ,8 9 2
795,522
IstwkS.-pt
7 9 7 ,3 7 4
S tJ o.*6< l.Isl
24,400
38,600
jUlotherUnes. J u n e ........ I .751.939 2,0 3 7 ,3 9 2 10.034.861 10,538,156
3
29.356
8,7
5
6
,7
7
3
18,439.02*
19,077,515
T o tO .P .S js. J u n e .........3,
60,310
91,133
589.010
096,216
Cent-Br.A I..1. Ju ly..........
M ontana Ur. J u n e ........
94,099 103.14*1
417,176
533,665
1,613
2.417
12,829
18,12-9
Eeav.TOp. AS. J u s e .........
2,703
2,825
20,971!
19,557
M a n .A l* B a r . J u n e .........
Grind. t o t a l/ In ly ............2, 8 2 s ,874 3 ,7 50,150 22,022.084 23.729,421
............ :
............ i
89,004
89,861
V erm ont Valley June .......
W abash ............. SstwkSept 230,000; 317,000! !>, 18.1,31,1 9,337.362
47,362
---------34,397
8.8*6
5,502
Y.'ab. Ches. A W, J u n e .........
920,216
198.4-7 2
•
964,120;
We*t Jersey....... J u ly ..........
84.026
91,26-: 7 8 6 . 7 3 2
721,461
W .V.Ceti.APltt. A u g u st.....
146,497
42,556:
27,3121
189.814
West V a * Pitta J u n e ........
690.800
H9j.no 121,535
■ P i,
791,793
W e s t Maryland. August ...
98,300.
2,410,214 2,243,7-1
9 4 ,8 0 0 !
W est ST.V. * Pa. lUjwkAuK
28,019
1,053,*83 970.240
Wheel. A L. E r ie 1st w te e p r
39,007
2.039
11,891
13,995
2,151
wiLOiad.&Con. June
'
53,170
336,54 0 412,701
44,543
Wfi. cot. <fc a u k June

* Includes Colorado Midland in 1893 and 1892 both lo r Hie week and
the year to date,
1 Include* Milwaukee «fc Northern ter all period.*.
a Figures cover only that part o f m ileage located la South Carolina.
6 Earnings given are on whole Jacksonville Boutheaatern System.
e T h e business o f the Lettish Valley and Lehigh * Wilkesbarre d e ­
partm ent s la Included in 1893. 4 Includes wu -b Hmm from ferries, etc.,
not given separately. : M exican currency. * ToL Col. At etn. included
for the week and since Jan. 1 in both years. / includes on ly half of
tinea In which Union Poolfle has a half Interest.
Latest Gross Earnings by Weeks.—The latest weekly
earnings in the foregoing table are separately summ 1 up as
follows:
Our preliminary statement o f earnings for the first w e e k
o f September c o v e r s 30 roads and shows a loss of 14 ‘28 per cent
1
In crea se.
D ecrea se.
1892.
1 s t w e e k o f S ep tem b er.
1893.
*
!
A l c h . Top. A San. Fo 8y«*

9t. LOW# A Ban Fr. Sy*.
Ball- A Ohio Southwest.
Brooklyn Elevated..........
Buffalo Keen. A PUssb's.
Canadian Partite...............
Cheampeake A O hio........
Chicago A East. 1111not*
Chie, Great W e ste rn .....
Ottouro MUw. a »t. Pam.
Chicago.k w»..t Michigan
Ota. Jackson A Mackinaw
Clove. Ctn. Chlr. A St. I.
Current R i v e r ....... .........
Denver & R io Grande ...
Detroit Lansing A North
E vaasv. A Indianapolis..
Evansv, A. T erre Haute..
Flint A Per,, M aroueu •
Grau.l Rapid* A Indiana.
Ctaehtiiatl R. A Ft, W .
Other lit).--............... .
Grand Trunk: o f Canada*

Intern’l * Or. North's ...

Iow a Central....................
Kanawn* A M ichigan—
Kansas City d m . a a p r ..
Kan. C. Ft 8. A M -m ....
Kan. C. Pitt*. A Cult.......
Kan. City Suburban Belt.
Lake Erie A W eatcro. ...
Louisv. Evansv. A « t. I,
Louisville A Nashville
Louis. S . Albany A Chie.
M exican C eutnil.............
M, i,! « , NV: , . ' , . . . .

Mo. Kansas A T e la * .. . . .
Mo. Foe. * Iron M l_____ .
N. V. Ontario A Western
Norfolk a Western...........
Peori* l*ce, A JSvansv...
Plitebimr A W estern.......
RIO Grande southern___!
Bt. Joseph A 0*1, Islan d..
St. L, Alt. A T . H.............
St,L ou is Southwestern.,
Texas * Psu-UXj............
Toledo A Ohio C entral...

7 5 2 .9 9 1

151.ut*i
55,385!
2 8 ,9 2 9
5 9 ,9 4 0

427.000
188,145
114,269!
91,405

*17.800

425.000

217,491
09.587

17-.'*: l

817,716
34.715
12,778

72 >.2ta

280,8«ri
1.600

3 0 0 ,8 2 5

2 2 ,3 5 8 1

2 4.253
8 .0 0 4

112,800
8,637
30,7*0
47,8*1
34.112

7,mu!
2.8P1

113,033

6 2 ,8 0 3 !

49,08*!

Eft

15,9-6
3,416
178.300!
4.687

t s
5,71,8

iio J o i

2,142

42,8*6
0,811
0 ,-73

' ” ‘ 1* 3

*■

**

0 7 ,2 6 0

4.046

1.515
3.701
79,195

81.056
30,889!
333,4951
9 1 ,8 2 1

114,170

67,313
160,984
431.000
09.010
1 7 0 . 9 12

13.993
4 5 ,0 1 3 !
6 ,2 8 7 :
2 1 ,4 0 0
2 7 ,7 3 0

2 . 000 ,

‘i i ’e -i

4 3 ,8 4 0 ;

7 6 .7 2 1 !

6,379!

121,291
43,924
1,488
4,777
7,869

974,282
193,440
56,8531
33.706

J73,754
te

18,807,

64.123
211,290'
17,615

4,851

1893.

1892.

29,349

8

Previously rep'd (S3 r’dsl
Atoh. Top. & S. Fe Sys..*
St. Louis A San Fran..
Ohlcaeo G reat W estern..
Chicago A Grand Trunk!
Cin. N.O. A Tex.Ptte.5 r.1*
Oleve. Akron A Coliunb.
Cleveland & M arietta.. ..
D,-t Gr. Haven A Mlhv.i
Oaliith S. S, A A lia s n o ...
East. Tenth Va. A G :i___
Iawroeeaaio (Mex.M___
Kan. City Mem. A Blrns.
Memoffis &C harleston...
Rio Grande W estern.......
F it Fran. & No. P a d lie.
Toledo Peoria A W a a .n ..
Toledo St. L. A Kan.City.
Western X. Y . A P e n n ...

8,435,9*1
1.191,979
319,438
189,631
63.143!
2 78,791
31 ,04-

Total (75 road s)............
Net decrease (17-02 im *.i

9,3 8 9 ,1 2 7 11,315,242

Increase.

$

96,693

29,747

Decrease.

*
1,481,082
241,821
60,015
57,039
50,196
8,266
3,423

9 .3 9 1

4.676

27,365
77.030
204.235
31,540
30.137
52.096;
93.-200
37,000
21,154
81,793
98,500

6,160

719

12,725
51,062
9,127
17,575
29,900
8,081
’34,989
3,700

133,617 2,059,732
............ 1.928,115

* Include* Colorado Midland both yetua.

t Week ending August 26.

Net Earnings Monthly to Latest Dates.—The table fol­
lowing shows the net earnings reported this week. A full
detailed statement, including ail roads from which monthly
returns can be obtained, la given once a month in these
columns, and the latest statement o f this kind will be found
in the C hronicle of August 19, The next will appear in the
issue o f September 23.
- a r o s e E a r n i n g s . -----.

1893.
B onds.
B uff. R. a p itt a ,,b ..J u ly

Jau. I to July 3 1 . . .
Centra! P artite..b. ..July
Jam i t o July 3 1 ....
HjRUL E. A W .T ex . ,AU«.
July 1 Uj Aug. J ! ......
Loalav.N. A. A C . a July
Jan. 1 to July 3 1 . . .
Me*. ItttMnmUonal . July
JiMs- 1 to July 3 1 ....
2f**l>. Ch. * St. L b. Aug.
Jan. 1 to A us. 3 1 . . .
July 1 to Aug. 3 1 —
Ohio R iver...........h .July
Jau. 1 to July 31. .
S t L. A . A T. 11. b . July
Jau. 1 to July 3 1 ....
S*B Ant. A Aran.P. . J n ly
J«u 1 to July 3 1 ....
aaoPrat:..VN P ar.a vug.
Jau. I to Any. 3 1 .. .
Ju ir 1 to Aug. 31 . . .
Toledo A O. Cent.. b July
Jan. 1 to July 3 1 . . . ,
Onion P a i-m eO w r . L . t U . M i July
Jan. 1 to July 3 1 ..
Ore. R y.A S.Co b July
J aa. 1 to July 3 1 .
D n .P .U .A G B lt.b ...J u lr
Jan. l t d July 3 1 . .
8kJ«*. A GtL 1*1 — July
Jaa. 1 to July 3 1 . .
Central B faoch ..b .J u ly
Jan. 1 to July 31- .
Grand t o t a l....... July

*

1892.

S

317.310
1,973,531
1,249.578
8 .0 0 1 . 3 1 0
29,637
59,737
317,001
1,931,829
140,329
1,217,612
850,932
3,219.977
702,622
67,404
440,910
120,858
912,368
119,601
972.057
81.030
542,556
139,073
164,458
1,131,719

277.206
1,7.93,230
1.370,059
8,164,579
39,151
58.976
294,257
1,799,697
181,095
1,012,321
147,700
3.360,750
878,601
68,531
378,507
111,311
812,647
109.423
770,938
95.350
559,094
191,747
107,709
1,010,231

4 **0,141
3 ,8 7 9 ,0 5 7
2 8 1 ,3 0 0
2 ,1 3 0 ,8 1 0
3 8 7 ,7 5 9
3 ,1 3 3 ,0 4 9
80,7 6 2
6 7 9 .0 1 2
6 0 ,3 1 6
9 8 9 ,0 1 0
2,9 2 3 .9 7 4

699,201
3 ,9 9 1 .0 3 *
393.465
2 ,3 4 3 ,9 1 0
4 90.972
3 ,2 0 0 ,8 9 2
77,5 9 0
610 ,7 3 0
91,1 3 3
696,216
3 .7 5 0 .1 5 0

-M e t E a r n i n g s .-

1893.
1892.
S
S
108,556
77,303
612,721
607.274
527,103
538,771
2,991.874 3,230,557
2,921
8,217
12,392
11,554
110,861
106,630
599,428
595,711
53,303
68,273
357,473
398.274
129,491
176,557
1,223,427 1,2*4,072
290,581
345,445
29,882

30.406

155,203
142,137
81,100
71.370
378,692
339,491
3,848 def.8,009
83,054 d el.63,512
30,938
42,208

157,672
53.935
59,067
374,904

170,093

81,7.33
51,503

333,218

317.813
1,492,059 1,553,932
75,577
118,745
•115,195 475,131
140,365
58.756
880,144
580.2O0
12,353
17,871
217,174
194,899
10,230
2,065
235,527
101,103
784,580 1,508,982
6,301,884 7,992,750
28,863
28,530
24 1,535
291,030
54,837
56,073
134,465

36,549
107.525
9,12 5
3,108
20,018
Jan. 1 to July 31..22,022,084 23,733,423
1,880
0 1 ,0 2 6
91,208
65,500 Went Va. Cent A P .Aug.
Jan.
1 to AU*. 3 1 —
7 -0 ,7 3 2
721,401
1,895
July l to Aug. 3 1 . . . .
174,094
174,-51
1,457
a Net -arul 11 tr* here given are after deducting taxes.
4 *05
I* S et earning- here given are before dedoetlng taxes.
16,358
8,27.8
Interest Charges and Surplus.—The following
2,869

roads, in
addition to their g ro-» and net earning* given in tiie foregoing,
35,157 also report charge- for interest, dec., with the surplus or deficit
l'ot* above or below those charges.
1,783
20,536

2,531
3,118
4,371

jm
i
217,506’
0 0 3 .0 0 0 1

4M w e ek o f A u g u s t.

1892.

614,543
- 674
14,193
743.220
93S
■ . V- •:
108
556.979
186.040
1,381,897! 1,330,198
130,956 4,318,291* 4.091,148
4,453
33,111!
3 1 ,4 9 9
319,0041
19,655'
280,265
40,736 1,313,291 1 ,2 7 6 .0 0 7
2 4 ,5 5 4
6 2 9 ,4 0 8
620,0211
81,793 1,169,593 1,405,338
2,177
6,641'
7 .8 3 7
54,630 235,060! 223,914

f

455 1

- I n t e r 't , r e n ta ls , <tr . - - e - B a l . o f M el E a r n s .
B onds,

7,011
90,195
21,100
21,242
53,902
172,000
4 0 ,1 0 8

1,062
2,800
9,413
14,200
2,920
7,200
22,257
615
37,000

Buff. Roch. A P itta..July
Saahv. Chat & S t L Aug.
July 1 to Aug. 3 1 -----

1893.
71,633
121,603
244,097

1892.
*
59,101

122,001
2 1 1 ,3 1 9

1893,
S
36,373
7,823
45,881

1892.

S
18,117
53,804
101,126

A N N U A L R EPOR TS.
Atlanta & West T o in t R ailroad.
( F o r the y e a r en d in g J u n e 30, 1893J

The annual report says that iu c o m m o n with all Southei n
roads the company has suffered a loss of business as compared
with the previous year, but a smaller percentage of los3 than
80,900
most of the roads. The gross earuiags have been $410,738, a
U>8.89»
40,141
decrease o f $39,070, or fi'hoo per cent, as compared with the
ViaOach.........................
*30,000!
year 1392, In net earnings the decrease has been $39,232, but
89
Wheeling A Lake Erin .. '
29,007
extraordinary expenditures amounting to over $39,00.) are in­
Total 1 50 road*!............ 5,917,633 0,902,16 >
59,025 1 ,0 4 3 ,5 8 1 cluded in the operating expenses, and to a great extent will
984,536 b e avoided the coming year. Every expenditure baa been
W«tdAOttww(i4-2*;p,«,.
............
............
charged to “ profit and loss,'’ and the surplus therefore is a
* 1Deludes Colorado Midland both year*.
tangible resource and amount- to $13j,739. Even after tho
* Week ondiiuf September 9.
payment of the July interest on the certificates o f indebted­
For the fourth week of August oor final statement covers ness ard tha usual July dividend, there will Jbe left to tha
credit of this account $01,833"
t i roads, and shows 17 02 per cent losffia the aggregate
11,710;
34.00*1
30,650
98.100
130.958
*0.750
3I7.000
29,919

466

THE CHRONICLE

[V ol. LVII,

Results for three years were as follows:
EARNINGS AND EXPENSES.

1890-91.
Earnings—
Passenger............................................... ..$1 7 3 ,8 7 7
267,551
Freight....................................................
M ail, express and miscellaneous.... 4 1 ,6 2 6

1891-92.
$1 6 9 ,8 8 4
261.071
4 0 ,0 6 0

1892-93
$ 1 6 4 ,0 0 2
233,719
4 9 ,0 1 2

Total.................................................. .$ 4 8 3 ,0 5 4
Operating expenses and taxes----- . 356,636

$4 7 1 ,0 1 5
315,366

$4 4 6 ,7 3 3
315 ,5 5 8

N et earnings.................................. .$126,418
Per cent of expenses to earnings.. . 73*83

$1 5 5 ,6 4 9
66*96

$ 1 3 1 ,1 7 5
70-63

1890-91.
.$1 2 6 ,4 1 8

1891-92.
$ 1 5 5 ,6 4 9
4,788

1892-93.
$ 1 31,175

.$ 1 2 6 ,4 1 8

$ 1 6 0 ,4 3 7

$ 1 3 1 ,1 7 5

. $73,932
7 3 ,9 3 2

$ 7 3 ,9 3 2
7 3 ,9 3 2

$ 7 3 ,9 3 2
73,9 3 2

Total.......................... ........................ $1 4 7 ,8 6 4
Balance............................ .................def. $21 ,1 4 6

$14 7 ,8 6 4
sur.$12,573

$ 1 4 7 ,8 6 4
d ef.$10,689

INCOME ACCOUNT.

Net earnings.................
Total..........................
Deduct—
Interest on bonds.........
Dividends (6 p. c .).......

Chicago Milwaukee & St. Paul R ailw ay.
(F o r the year ending June 30, 1893.^
The remarks of President Miller will be found at length on
another page, furnishing more particulars concerning the
property and the year’s operations than could be given in a
condensed statement in this column.

The comparative tables of earnings, income account, etc., for
three years have been compiled for the Chronicle as below.
OPERATIONS.

1890-91.
1891-92.
1892-93.
Miles operated June 3 0 ........
5 ,7 2 1
5 ,721
5,724
Equipment—
l/ocomotives.............................
801
798
797
Passenger equipment...........
678
684
733
Freight and miscel. cars___
25,3 1 7
22,1 3 8
27,5 3 9
Operations—
Passengers carrie d .............
7 ,9 1 9 ,2 2 9
8 ,0 2 6 ,9 0 6
8 ,279,158
Passeng. carried one m ile.. 26 2 ,5 5 1 ,1 0 0
27 0 ,8 1 7 ,6 8 3
29 9 ,0 5 7 ,3 5 6
Rate per passeng. per mile.
2-39L cts.
2*452 cts.
2*387 cts.
Freight (tons) carried.........
1 0 ,3 97,035
11 ,5 6 8 ,9 3 0
12 ,2 6 1 ,7 0 5
Freight (tons) car’ d one in.. 1,895,6 3 5 ,1 1 1 2 ,2 6 5 ,9 9 3 ,9 6 8 2,3 7 8 ,4 7 0 ,4 8 1
Rate per ton per mile...........
1*003 cts.
1*026 cts.
1*026 cts.
EARNINGS AND EXPENSES.

Earnings from —
Passengers .............
Freight.......................
Mail, express, & c ..

1891-92.

1890-91.
$
6,2 7 7 ,7 7 4
19,012,159
2 ,214,291

6,6 3 9 ,1 3 7
2 3 ,2 41,421
2,4 0 2 ,9 5 1

7,138,561
2 4 ,3 93,849
2 ,442,645

$

1892-93.

$

Total earnings.................
Expenses jot—
Maintenance of w ay.............
Mainten. cars and engines..
Transportation.......................
Taxes..........................................
Miscellaneous..........................

2 7 ,5 0 4 ,2 2 4

32 ,2 8 3 ,5 0 8

3 3 ,9 75,055

3,7 6 3 ,9 8 3
2 ,7 8 7 ,9 2 4
10,714,471
857 ,9 0 6
24 2 ,2 1 4

4 ,2 3 5 ,5 1 4
3,8 8 4 ,3 7 3
11 ,5 1 5 ,8 1 1
9 33.148
246,158

4,0 0 4 ,1 6 2
3 ,6 61,243
13 .5 0 7 ,2 7 0
1,058,320
257,113

Total expenses.................
Net e a rn in g s..........................
Per ct. of op. exp. to earns..

1 8 ,3 6 6 ,5 0 0
9 ,1 3 7 ,7 2 4
66*78

2 0 ,8 15,004
1 1 ,4 6 8 ,5 0 4
64*48

22,488,108
11 ,4 8 6 ,9 4 7
66-19

Other income............................

1890-91.
$
9 ,1 3 7 ,7 2 4
418,425

1891-92.
$
1 1 ,4 6 8 ,5 0 4
237 ,3 5 4

1892-93.
$
11,486,947
122,140

Total net income.............
Disbursemen ts—
Interest on debt......................
Divid. on pref. stock (7 p .c .).

9 ,556,149

11,705,858

1 1 ,6 09,087

. 7 ,2 3 7 ,2 5 2
1,5 3 2 ,1 5 2

7 ,1 6 1 ,7 3 6
1 ,572,612

INCOME ACCOUNT.

Miscellaneous..........................

84,2 1 7

112,414

7,0 6 5 ,2 1 6
1,751,357
(4) 1 ,8 38,306
21,4 7 0

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

8,8 5 3 ,6 2 1
702 ,5 2 8

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

10,676,349
932,738

G E N E R A L B A L A N C E SH E ET JU N E 3 0 .

1891.
$
1 89,624,728
7,3 3 7 ,2 4 1
256 ,9 5 4

1892.
$
1 9 1 ,5 4 4 ,8 5 3
7 ,419,241
232 ,9 7 2

276,251
2 ,313,223
5 ,6 9 2 ,0 0 0
4,821

2 5 6 ,1 6 0
2,3 8 5 ,0 0 2
5 ,9 9 6 ,0 0 0
4,770

Cash-.T.......................................
Miscellaneous...........................

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

4 ,0 4 3 ,5 3 0

1893.
$
195,22 3 ,2 3 4
7 ,1 73,493
324,568
332.593
258,420
2,631,666
7.7 3 5 .0 0 0
4 ,770
700,000
1 .089.000
464,460
2 ,662,814

Total assets......................
Liabilities—
Stock, common........................
Stock, preferred....................
Funded debt............................
Pay-rolls, vouchers, e t c ....
Interest accrued, not d u e ..
Loans and bills payable___
Miscellaneous..........................
Income account......................

211,02 0 ,4 4 1

2 1 1 ,8 82,528

2 18,600,018

46,0 2 7 ,2 6 1
2 2 ,1 98,000
1 29,797,000
2 ,786,778
3,5 4 6 ,7 7 5
3 ,477,228
91,6 4 6
3,0 9 4 ,8 5 3

46 ,0 2 7 ,2 6 1
24 ,3 6 4 ,9 0 0
129,19 5 .0 0 0
2 ,7 22.549
3 ,4 8 6 ,3 3 9
217,269
5,8 6 9 ,2 0 9

4 6 ,0 27,261
25 ,7 6 7 ,9 0 0
13 0 ,8 0 5 .5 0 0
2,6 6 5 ,1 5 0
3,4 4 7 ,2 2 3
3 ,2 4 0 ,0 0 0
159,086
6 ,4 87,899

Total liabilities...............

211,02 0 ,4 4 1

2 1 1 ,8 8 2 ,5 2 8

2 1 8 ,6 0 0 ,0 1 8

- Assets—
•Road and equipm ent...........
Bonds and stocks o w n ed ...
Due from agents, etc.............
Due from cos. and individ'ls
Due from U. 8. Governm’ t.
Materials and fuel...................
Bonds of company on hand
Stock of company on hand.
Doans and bills receivable..
Mil. & North, bonds unsold.

TYabash Railroad.

( F or the year ending June 30, 1893.^
The annual report for the year ending June 30, 1893, has
just been issued. The remarks of Mr. O. D. Ashley, the
President, are given at length on another page.
The statistics, compiled in the usual complete form for the
Chronicle, are as follows :

1889-90.
1890-91.
1891-92.
1 8 92-93.
Average mileage___
1,922
1,922
1,916
1,979
Equipment—
Locom otives..............
397
398
400
426
279
Passenger equipm’ t.
286
293
322
Freight equipm’t ___ 13,724
12,971
13,112
13,178
Opera lions—
Passen. carried N o..
3 ,1 1 5 ,6 0 4
3,4 1 6 ,0 7 6
3,9 2 6 ,7 4 9
3 ,9 3 4 ,9 1 6
Pass, carried 1 m ile. 1 4 9 .1 8 3 ,0 0 0 149,904,203 170,201.067 177,11 9 ,0 6 5
Kate per pas. per in. 2*130 cts.
2 1 7 8 cts.
2*057 cts.
2-009 cts.
Fr’ght (tons) carr’d.
6 ,-3 2 ,3 5 8
6.2 5 6 ,0 6 4
6 ,9 2 *,0 5 1
7 ,0 3 6 ,3 8 7
Fr’ ght(tons)car.l in.* 1,430,197
1 ,3 3 0 ,5 1 0
1 ,2 09.179
1 ,4 0 9 ,0 3 3
Kate per ton perm .. 0-6 4 7 cts.
0*733 cts.
0 70 > cts.
0-683 cts.
Earnings—
$
$
$
$
Passeuger..................
3 ,1 7 7 ,3 6 3
3 ,264,949
3 ,5 01,038
3 ,5 5 8 ,6 3 3
Freight........................
9 ,258,052
9 ,800,968
8,86->,S19
9,6 1 7 ,5 8 8
Mail, express, & c..
9 17,459
1 .0 87,324
902,520
1,0 4 4 ,2 2 3
Total.................... . 1 3 ,3 52,872
Expenses—
Maintenance of way 1.729,231
Motive p o w e r ..........
2 ,6 51,758
1.175,185
Mainten’ce of cars..
Transportation.........
3 ,865,698
General........................
2 51,349

13,028,288

14,3 8 9 ,3 3 0

1 4 ,2 2 0 .4 4 4

1.703,289
2.6 1 1 ,5 8 7
901,121
4 ,1 0 0 ,0 3 0
249,195

1 .9 36,903
2 .8 2 6 ,3 9 2
1 ,2 87,646
4 .5 1 8 ,0 8 9
2 63,496

1 ,9 3 4 .7 0 4
2 .9 3 2 .8 2 8
1 ,163.602
4,5 0 6 ,6 5 8
269 ,8 1 3

9,6 7 3 ,2 2 1
3,679,651
72 -4 4

9,5 6 5 ,2 2 3
3 ,463,065
73 42

1 0 ,8 32,526
3 ,5 5 6 ,8 0 4
75-28

10 ,8 0 7 ,6 0 4
3 ,4 1 2 ,8 4 0
76*00

Total.....................
Net earnings.............
P. c. op. exp. to earn.

* Three ciphers (000) omitted.
INCOME ACCOUNT.

1889-90.
$
3,679,651
272,434

1890-91.
$
3,4 6 3 ,0 6 5
37 2 ,7 4 0

1891-92.
$
3,5 5 6 ,8 0 4
388,618

1 8 9 2 -93 .
$
3 ,4 1 2 ,8 4 0
5 1 9 ,0 8 6

Total......................
Deduct—
Taxes
.....................
Tr’k & b’dge rentals.
Traffic Asso. exp.,&c.

3 ,9 52,085

3 ,835,805

3 ,9 4 >,422

3 ,9 3 1 ,9 2 6

396,491
4 00,272
54,7 1 0

417 ,7 0 0
435 ,4 4 3
69,533

4 64,549
4 5 8 ,8 0 0
46,472

457,369
4 7 0 ,1 9 4
42,0 7 9

T o ta l.....................
Applicable to int___
Inter, on bond- and
rent of leased lines

851 ,4 7 3
3,1 0 0 ,6 1 2

92 2 ,6 7 6
2,9 1 3 ,1 2 9

969,821
2 ,975,601

9 6 9 ,6 4 2
2 ,9 6 2 ,2 8 4

2,6 5 2 ,8 2 0

2 ,666,838

2 .6 74,125

2,7 1 4 ,7 0 4

Surplus.................
Div. on pref. deben..

44 7 ,7 9 2
210 ,0 0 0

246,291
2 1 0 ,0 9 0

301 476
210 ,0 0 0

2 4 7 ,5 8 0
21 0 ,0 0 0

Net surplus.........

237,792

36,2 9 1

91,476

Net earnings.............
Inv’tm’ s, rentals &c.

3 7 ,5 8 0

1890.
1 8 91.
1 8 92.
1893.
Assets_
$
S
$
Road, equipm’t, & c .1 2 9 ,9 7 0 ,0 0 0 1 2 9 ,9 28,500 12 9 ,9 3 ^ .5 0 0 1 3 3 ,4 3 3 ,5 0 0
Supplies & mate’l s ..
5 9 3 ,6 1 0
600,271
5 9 8 .8 8 4
865,941
Cash on hand............
1 ,5 0 1 ,2 6 4
1 ,1 8 8 ,9 2 3
1,0 -3,445
930 ,8 7 4
Stocks and bonds..............................
1 5 2 .0 6 9
156,171
1 7 6 ,7 2 2
Betterm ents...............
.............
7 8 .6 8 5
81,3 3 9
..............
Purch’ng Committee
114 ,6 0 2
43,2n9
1 1 J,956
179 ,1 7 0
Accts. collectible....
755 ,3 6 5
1 ,0 75,702
1 ,0 6 6 .4 7 0
661 ,2 2 4
Wabash re’ gan’ tion.
50 0 ,0 0 0
5 0 0 ,0 0 0
4 2 0 .0 0 0
230 ,0 0 0
Ad van. and m iscel..
.............
3 3 ,8 2 2
2 4 9 ,3 5 0
568,298
T o t a l ....................1 3 3 ,4 3 4 ,8 4 1 13 3 ,6 0 1 ,2 3 3 1 3 3 ,7 22,115 1 3 7 ,0 4 5 ,7 3 0
Liabilities—
Common stock.......... 2 8 ,0 0 0 ,0 0 0 2 8 ,0 0 0 ,0 0 0 2 8 .0 0 0 .0 0 0 2 8 ,0 0 0 ,0 0 0
Preferred stock........ 2 4 ,0 0 0 ,0 0 0 2 4 .0 0 0 ,0 0 0 2 4 ,0 0 0 ,0 0 0 2 1 ,0 0 0 .0 0 0
Bonds........................... 7 8 ,0 0 0 ,0 0 0 78,009,00.0 7 3 ,0 0 0 .0 0 0 81 ,5 0 0 ,0 0 0
Int. due and accr’ d.
8 67,055
870,571
928 ,4 9 8
9 5 9 ,8 5 7
Sundry accts. pay’le 1,7 8 6 ,3 6 4
1,9 1 2 ,9 4 8
2 ,1 0 3 ,2 8 5
1 ,8 0 7 ,1 0 7
Int. account prior to
July 1 , 1 8 8 9 . ........
54 3 ,6 3 1
543,631
5 4 3 ,6 3 1
.............
Taxes due & accr’ d ..
..............
.............
........ ..
251,295
Hospital account . . .
..............
..............
..............
2 5 ,5 2 9
Bills p ay ab le.............
.............
.............
..............
247 ,6 4 1
Income account........
237,791
27 4 ,0 8 2
146,701
2 54,301
Total..................... 1 3 3 ,4 34,841 13 3 ,6 0 1 ,2 3 2 1 3 3 ,7 2 2 ,1 1 5 137,04 5 ,7 3 0

Cleveland Cincinnati Chicago & St. Louis Railw ay.
( F o r the year ending Ju n e 30, 1893.,!
The report of the President, Mr. M. E Ingalls, is an inter­
esting document, and will be found on another page, together
with the balance sheets June 30, 1892 and 1893.
The statistics for two years compiled in the usual form for
the Chronicle are given below :
OPERATIONS AND FISCAL RESULTS.

1889-90.
1890-91.
1891-92.
1 8 9 2 -9 3 .
1,629
1,629
Miles oper. June 3 0 .
1 ,850
1,603
Equipment—
357
367
Locom otives.-...........
378
434
Passenger cars.........
316
358
364
418
17,386
17,2 2 7
17,6 1 0
Freight cars............... 15,955
Operations—
4 ,8 11.640
4 ,975,023
5,268,171
5,996,312Passengers carried.
Pass, car’d 1 mile.. .1 4 9 ,1 9 6 .2 4 5 162,342.125 172,269,935 1 9 6 ,9 9 5 ,8 1 3
2 248 ots.
2 187 cts.
Rate per pass. p. m . 2 294 cts.
2-2 9 ets.
7 ,801,377
8,5 2 4 .9 3 6
9 ,0 2 7 ,2 2 0
Fi eight (tons) car’d. 7 ,* 9 0 ,9 1 6
1,221.509
Fr’ gbtjtonsjcar.l m.* 1 ,1 99,144
1.286.461
1,331,428
0 705 cts.
0-7 iO ots.
0*701 cts.
Rate per ton p. mile. 0 694 cts.
Earnings—
$
$
$
$
3,4 2 2 .8 7 2
3 ,649,505
3 ,824,291
P assenger.................
4 ,3 07,371
8,5 9 8 .8 3 7
8 ,608,218
9,12^,4.17
9 ,3 3 8 ,7 8 7
F re ig h t......................
617 ,4 3 6
6 30,893
631,767
769 .9 9 3
Mail and express—
Total..................... 12 ,6 3 9 ,1 4 5
Expenses—
1,5 1 0 ,5 9 6
Mai nteu’ ee of w ay..
1,511,173
Equip, and engines.
5 ,1 7 6 ,2 9 7
Transport, aud gen.
175,351
Car A. eng. service. .
3 65,764
T axes............................

1 2 ,8 88,616

13,585,385

14,416,151

1 ,5 91.126
1,533,661
5,6 9 1 ,9 7 5
80.110
380,338

1 .821,368
1,642,101
5 ,8 *8 ,2 6 4
108.358
378 ,4 5 0

2 ,0 4 9 ,4 2 0
1 .5 6 3 ,4 7 9
6,7 3 3 ,2 6 7
*203,596
4 1 5 ,0 2 5

8 ,7 39,182
3,8 9 9 ,9 6 3

9,1 8 7 ,2 1 2
3 ,701,404

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

10,9 6 4 ,7 8 7
3 ,4 5 1 ,3 6 4

Total.....................
Net earnings.............

* Three ciphers (000) omitted.

THE CHRONICLE.

September 16, 1893,]

Secoud Avenue (N. T. City) Horse Railroad.
( F o r the y ea r en d in g J u n e 30, 1S93.>
3.451,364
The following statistics for four years have been compiled
252,904 from reports made to the New York State Railroad Commis­
3,701,268 sioners, The betterments in lb!) 1-92 were $7,996 ; in 1892-93,
§19,863,

INCOME ACCOUNT.

Ncceipts—
N et earnings....... .
Bentais, t a t , ,vc..
Total a ct...........

1390-91.
$
3,701,404
234,699

3,746,844
244.072

4,223,143

3,986,103

3,990,916

>,595
1,320,000
14,940

2i t ? i

2,393,642
276,532
1,340,000

7.059,7*! 1
163,344

3,928,604
57,439

L m bu rm ttu sniit-

In terest................. .
ItentaU....................
D ividends*..............
Miscellaneous..........

T otal,
Surplus...

1891-92.

1389-90.
$
3,899,903
323,162

1,318,322
10,792

1592-93.
S

$

2,413,135
207,826
1,3 1 0 ,0 0 0

73.310

3,910,174
4,066,271
60.742 def.362,003

* 5 o o p h i . In all the years. aetl 4 on com m on ia 1859-90 and 3 in
1600-91, 1801-9*2 :tn>l 1 a92 93.

Yiefcslmrg Shreveport <fc Pacific Railroad
f F o r the y m r en d in g J un e So, is n s .j

In advance of the annual report the following statement has
been furnished to the CHjSOKiObs
KAJtNIXCa, EXfBSSKS Alt® t ii AKGES.
1889-90. 1890-91. 1891-92. 1892-93.
$
$
$
#
636,681 632.870 501,925
tiros* caru iogs..............................
Operating expenses and ta x e s.. .5 1 6 ,7 5 9 479.117 478,987 439,566
N et earnings............ ..............
Other In com e...................... ..........
T o ta l......................................... ..121,527

157,264
152

153,883

157,410

122,359
4,096

153,883

126,455

Iuteri*st on b o n d s ............ ...........
Mlwelianeou* ...............................

394.789 349,222
7,017
4,504

400,255
3,803

T o ta l.........................................
D eficit— .......................................

401,806
2-44,390

a I

D t U u ft —

199,933

404,058
277,603

New Orleans k Northeastern Railroad.
f F o r t h e y e a r e n d i n g J u n e 30, 1893.^

m

T h e r e su lts f o r fo u r yeans h a v e b e e n c o m p ile d tor th e
C h i w .v k x e
fo llo w s :
1880-90. 1600-91.
189192 .
1892 93.
Oto*« B *rstis«*......... ........ 1.219,731
Operating MU- and taxes. 878,926
S o t earnings. 349.805
Other Incom e......................

4.043

T ota l............ 344,.r u
Deduct interest »n bond*. 3 6 0 ^ 0 0

Deficit.

15,147

1 , 1 3 8 , 8 5 81,290.626
....................................
1,416,.’.08
871,317 1.017,183 1.180,504
264,541

0,463
" 371,000
365,100
94,304

467

273,413
3,404

229,004

~ n es4 j

28 ^ 8 3 3
300,700

EARNINGS, EXCESSES AND CHARGES.

1889-90.
$
Gross earnings............. .........907.756
Operating ex p en ses... .........714.517

1S90-91.
S
947,055
737,672

1891-92.
$
962,720
758,782

1892-93.
$
982,388
767,133

N et earnings..........
Other incom e............ . .........

209,383
6,621

203.938
13.643

2t5,255
2,500

216,0.4

217,581

217,755

Total.........................
D -rtuet interest on b o n e * .......
Kent*.................. ............
fax- ............................ ......... 42.648
Dividend*...................... ...( 2 ) 37,240

90,353

137,867

90,500
90,500
90,500
,.527
3,750
1,755
43,336
38,500
33,000
(4) 74.480 (4) 74.480(4ia)83,790

T o ta l........................ .
215,843
207.230
161
Surplus............................ ........ 20,859
10,351
id.SERAL BAX.ANCE SHEET JUNE 30, 1893,

Assets.

209,045
8,710

L ia b ilitie s .

Cost of r o a d ..................$3,160,730 Capital stock .................$1,862,000
Cost o f equipm ent........
567.332 Funded d e b t................. 1 ,750,000
C u b on hand.................
*21,21,8 tin. on funded debt___
17,040
Open Accounts...............
5,2*27 Bills p ayable..................
49.900
supplies ou hand..........
13,276 Open ueoouata...............
604
Sundries........ ................
6,152
I Mortgage on real estate.
60,000
’ Profit and loss (surp,)_.
22,187
Total .....................$ 3 ,7 6 7 ,7 8 3 1

T ota l.......................... $3,707,783

Eighth Avenue i N. Y. City) Horse Railroad.
( F or th e y ea r en d in g J un e 80, 1898J
Tiio following statistics t o r four years are from the reports
to the .State Railroad Commissioners. In 1892-98 betterments
were #17,840.
* AKM SO*. EX IK NSUS AND CHARGES,

198090 .
Orosu* c-.ruinc*
.......4*
Opera!Hu.- kiiki Ii . * .
491,677

1890-91.
$729,305
522,752

1801-92.
$772,038
516,039

1892-93.
$787,472
568,212

.......#315,523

#300,553
15.0*8

$428,899
11,707

$219,260
13,049

#222,511

$238,600

$232,309

2,620

367,200

4,212

D e d u s t—

< $60,000
$95,108
$98,042
1 32,380
90,000 <10)100,000 (10) 100,000

la t » « * i on bond*

TlXo*................... •- i $98,070
DiritStmds,.......... .......

82,500

Alabama Sc Vicksburg Hallway,
T o ta l............. .....$ 1 8 0 ,5 7 9
$1921386
$185,108
$198,042
( F o r the y ea r end ing J un e 30, 1898J
Surplus.......................... $62,048
$37,433
$10,564
$39,988
The results for four years have been complied for the
I i k s m r . HAI.ASCK SHEET JUKI, 30, 1803.
CHttOKICLE m follow s:
Liabilities.
1680-90. 1890-01. 1891*92. 1*92 93. Cost of road it eqnlp’t. f 1,633,952 Capita! s t o c k ..................$1,000,000
Ores* earning*.......... ..................

#
676.662

$
$
048.401 092,741

#

Cash on h a n d .................

34,684
18,657
356J 00

568,298 Supplies on hand......... .
482,165 -Slocks,
bonds, &•*.........
Open account*, ........
S e t earning*............... ........... 178,714 149.905 1 44.M 2 io?nK33 U na* ..............................
Other income........................................................
220 I0.o76

Operating »xi<ea*e* and tate*. 497.94s 498,496 530.0.9

Total..................

D td u et-

liu ercoton bonds.........................

17^,714

149,905 143.00$

113,035

116,535 130,703

Miscellaneain*.....................
2.212
Dividend* <3 p. c >..................................
Trite! .................... ............ 115.347
Surplu*...................... ............. 63.367

121,900

Total a o e r t* .........

Funded d ebt------- -------- 1,000,000
Interest «u funded debt,
due and a ccru ed .........
25,000

17.200 Profit and lo ss.................

90,000

$2,040,593

15,593

Total llabUlUea...........$2,010,593

121,496
6.0 ............
413 Dry llock East Broadway & B attery( N. Y. City) Horse RR.
31.000 2 1,0 0 0 ...........
( F o r the y m r en d in g J u n e 30, 1898, )
The following is from reports to the New York State R a il­
138,215 141,702 1*21,900
11.690
331 ........... road Commissioners ;
EARNINGS, EXCESSES AND CHAKCKS.

Third Avenue (N, Y. City) Horse RR.

„
Grow earning* ....... .
0| cfaSm.- expense*..........

( F o r the y m r en d in g J a m SO, iSSS.J

From reports to the New York State Railroad Commission­
ers the following has been compiled. Betterments in 1 891-92
Set earnings..
were #126,614 ; m 1-882-93, #4,880.
Other income........
EAK.MX0*, x x r a x a u and c U M i a i
1889-90.
1800-91.
1891-92.
1,710*406 1,741*072
1,189,325 1.184.804

Gro** e arn in g *...................1,6 4 7 ,7 8 2

OperaHns expea se*........ 1,139,753
Net Burning*................. 508,029
Other incom e..................... .132,515
t J ' i ^ t - ....... ....................

640,544

521.081
:07.2s.5

1883-03.
1,657,538
1,153,805

556,260
25,934

503,643
03,600

618,360

532,202

597,443

iBtoreat on bon d*.............. 103.775
175.000
Other interest .................
3,303
13,809
?***«*•-•-..............................
70,110
7.6.114
Dividend*........................ (12) 240,000(12)240,000

175,000
2,300
96.1)06
*240,000

175,000
2,300
68.004
1240,000

504,*106
78,096

486.304
112,139

506.953
111.413

Total Income .. .
D a tu e t—

1890-01.
#
780.094
523.379

1691-92.
#
737.861
547,588

1892-93.
$
730,517
516,815

270.953
98.910

237.315
108,151

190,293
13,152

183,702
38,552

369,943

365,466

203,445

222,254

' n o .6 9 o

170,162

168,486

interest on b o n d * .,.......... t
Tar.***............................
D ividen d*...........................

72,000

96.000

00,030

f 46,043
I 62,057
1 4,174
[ 36,946
<6)72,000

T otal...............................

2 1 2 ,5 8 )

260,162

228,480

222,120

*39,304 d ef.25,041

134

Surplus.................................... *127,301

_ * From this surplus paid $00,000 loan In 1899-90 and redeemed
$100,t)00 Certificates o f indebtedness In 1890-11.
QENEKAI. BAl-AXCB SHEET MINE 3 0 , 1893.

up/j?
Cost o f r o a d ............'....$2 ,751 ,205
Cost, of equipm ent.........
317.312
V . H. bend* ..................
2 0 ,0 0 0
Ca»b on hand...................
Supplies on hand............

* Six per cent on #2.000.090, four per cent on S3,000,000.
* Three per coni- „n r M W .« W , two per cent on #6,000,000.

.

1889-90.
$
780,4 19
809,496

58.5 0 9
42,0 3 8

* IMtafcw premium on bond*.

UKSRKAl, SXLAHCS SHEET « r j « 30, 1803,
Cos* nf road.................. #1,82,8,531
£*•*■! o f eqtltpISiRBt,.......
1.025.211
Third A re. cable r d tn
c w iiw o f conatruct'n
5.866,100
railroad bon ds...
15,000
ton hand...............
310,110
I n rrc a* m i capital M'ck
32 .*,003

S

............ .# 1 2 ,3 ^ 9 0 1

r,(a b ilitir t

Capital s t o c k . . . . . . . . . . #7.000,000
Funded debt. .............. 6,000,000
Inter’ s on funded debt,
due and accrued.......
97,500
o p e n «<•counts..............
29,571
M ortgage*....................
46,000

Profit i»rsd loss ismrp,).

223,890

T o ta l.,....................S I 2 .W.*; 0 6 1

Total.............................$3,189,114

L ia b ilitie s .

Capital sto ck ............... .$1,200,000
Funded d ebt.
840,000
Certs of Indebt .............

Int. on funded, d ebt___
Int.. on certs.
3,500
Premium accoun t.........
Profit and loss (surplus)

1,1 0 0 ,0 0 0

24,053
16,01.4
5,547

Total............. ................. $3 ,1 8 9 ,1 1 4

N. V. Sc Harlem fith Are., N. Y. City) Horse R R .
( F o r the y ea r end ing J une 30, 1898J
This company has reported to the State RR. Commissioners
as below. The amount spent for betterments in 1891-2 was
W«,769 ; in 1892-3, nothing.

./>

THE CHRONICLE.

465
BARKINGS. KXPEN8ES AND CHARGES.

Gross earnings......................... 881.250
Operating expenses................659,276

1391-92,
1890-91.
$
$
9 5 1 .6 9 2 1,0 5 4 ,1 6 8
6 9 7 ,3 7 5
7 6 8 .0 5 3

1 8 92-93.
$
1,0 9 0 ,8 3 8
7 7 8 ,1 0 5

Net earniDgs.......................... 22 1 ,9 7 4
Ollier income............................ 57,388

2 54,317
5 2 ,1 4 2

286,115
5 0 ,3 0 7

312,733
5 3 ,4 2 3

T otal...................................... 27 9 ,3 6 2
Deduct—
T a x e s .......................................... 23,651
Dividends
p e rc e n t;___ 250 ,0 0 0

306 ,4 5 9

3 3 6 ,4 2 2

3 66,156

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

33,8 6 5
2 5 0 ,0 0 0

3 5 .0 4 7
2 5 0 ,0 0 0

T otal...................................... 273,651
Surplus.........................................
5,711

277,089
29,3 7 0

283 ,8 6 5
5 2 ,5 5 7

285,047
81,109

1889*90.

$

GENERAL BALANCE SHEET JUNE

30, 1893.

[V O L . L V I 1.

O hio & Miss. R y .—F ifty-one equip, trust certs., series A ,
have been drawn, interest ceasing Oct. 1.
P anam a RR.— Ninety sinking fund subsidy 6 p. c. bonds
will be paid off on Nov. 1, interest ceasing that day.
Chattanooga Rome & Columbus— Central o f Georgia.—
Mr. Charles J. McKay has begun a suit in the United States
Circuit Court against the Central Railroad & Banking Com ­
pany of Georgia for $101,850. Mr. McKay states that he pur­
chased $97,000 worth of the bonds of the Chattanooga Rome
& Columbus Railroad, which were guaranteed by the Cen­
tral Company. As the interest lias not been paid on his bonds,
Mr. McKay holds that the Central Company should be re­
sponsible for the bonds, with the accrued interest.

Liabilities.
Capital stock..................$1 0 ,0 0 0 ,0 0 0
Funded debt................. 1 2 ,0 0 0 ,0 0 0
Div. and int. unpaid..
2,071
Bills payable.................
56,485
Open accounts.............
11,071
Profit and loss (surp.).
2 ,880,225

Chicago Gas.— Notice is given by the Fidelity Insurance
Trust & Safe Deposit Co., of Philadelphia, that the People’s
Gas Light & Coke Company of Chicago, having declared a
Other perm invest—
6 ,000
dividend payable in its six per cent interest-bearing certifi­
78,417
Cash on hand.................
Hills receivable...........
811
cates of indebtedness (payable in bonds of said company),
Open accounts.............
1 ,221,069
the Central Trust Company of New York will, on and after
Supplies on hand.........
69,447
October 2, distribute its certificates ef equitable interest in
.$ 2 4 ,9 4 9 ,8 5 2 said certificates of indebtedness of the People's Gas Light &
Total........ ..................... $ 2 4 ,9 4 9 ,8 5 2
Total.
Coke Company to the holders of gas certificates in amounts
Forty-second Street M anhattanville & S't. Nicholas Ave­ equal to I K per cent of their respective holdings.
nue (N. T. City) Horse Railroad.
Chicago & Alton.— Treasurer Foster has sent the following
circular letter to the stockholders of the Chicago & Alton
(F o r the year ending June 30, 1893.)
From the reports to the State Railroad Commissioners the Railroad Company :
You are hereby advised that in response to the circular of the Presi­
following is compiled. Betterments for the year amounted to
dent of this company, which was addressed to you ou the 2d day of
§11,598, against §60,680 in 1891-92.
August last, the written consent of the owners of more than threeCost of r oad. . . . $ 2 2 , 1 0 0 , 5 8 7

C o s t o f e q u i p m e n t ------

1 ,4 7 3 ,5 2 1

EARNINGS, EXPENSES A N D CHARGES.

1889-90.
$
. 423 ,6 8 6
. 240,733

1890-91.
$
54 9 ,7 7 2
406 ,5 4 4

1891-92.
$
6 1 4 ,9 3 6
461 ,2 4 8

1892-93
$
675,652
540,973

.

182,953
8,778

143,228
2,339

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

134,679
2,445

.

191,731

145 ,5 6 7

156 ,1 1 8

137,124

120,918

1 33,551

( 72,000
< 15.250
( 37,500

120,918
24,649

13 3 ,5 5 1
2 2 ,5 6 7

124,750
12,3 7 4

Deduct—
Interest on lionets..
Other interest.........
Taxes.........................

51,417

Dividends........... .

9 7 .2 4 0
.
.

148 ,6 5 7
4 3 ,0 7 4

GENERAL HALANCE SHEET JUNE

Assets
Cost of r o a d ..................$5,0 9 5 ,1 5 3
Cost of equipment..........
243,861
Long Island Land Fer­
tilizing Co. stock........
1 ,5 0 0
Cash on hand...................
4,763
Open accou n ts..............
4 ,018
Supplies.............................
9,120
Profit and loss..................
56,069

30, 1893.

Liabilities.
Capital stock.................... $ 2 ,5 00,000
Funded debt..................... 2 ,7 00,000
Int. on funded debt___
24,000
Bills payable...................
12,000
Open accounts..,.............
52,986
Real estate m ortgages.
100,000
W ages and su p p lie s....
25,498

T otal............................ $ 5 ,4 1 4 ,4 8 4 |

Total............................ $ 5 ,4 14,484

Central Crosstown (N . T. C ity) Horse R ailroad.
(F o r the y e w ending June 30, 1893.)
The following is from reports to the New York State Rail­
road Commissioners. Betterments in 1892-93 were $9,237.
EARNINGS, EXPENSES AND CHARGES.

1889-90.

1890-91.

1891-92.

Gross earnings................289 ,9 3 0
Operating e x p e n se s...200,985

521 ,8 0 8
362 ,5 5 7

524 ,1 5 1
3 6 4 ,7 2 3

1692-93.
$
535.382
367,282

Net earnings............ 83,945
Other income.................
1,774

1 59.251
3,311

159,423
4 .2 1 2

168,100
4,003

T o ta l..........................
Deduct—
Interest on bonds.........
Rentals..............................
Dividends.................(7*4)
Taxes.................................

$

$

90,719

162,562

16 3 ,6 3 4

172,103

15,000
8 ,666
43,5 0 0
20,213

26,3 0 0
52,0 0 0
(7) 42,0 0 0
41,882

2 6 ,3 0 0
52,000
(7) 4 2 ,0 0 0
4 2 ,1 6 7

27,650
52,000
(7) 42,000
39,942

T o ta l.......................... 87,379
Surplus..............................
3 ,340

162,182
380

16 2 ,4 6 7
1,167

161,592
10,511

general

balance

sh eet

A su ets.

Cost of road........................ $ 7 0 1 ,2 4 6
Cost of equipment.............
78,753
Other perm. Investments.
1 ,000
Cash on hand......................
2 1,917
T otal................................$862,916

JU N E 3 0 , 1 8 9 3 .

Liabilities.
Capital stock...................... $6 0 0 ,0 0 0
Funded debt......................... 250 ,0 0 0
Profit and loss (surplus).
12,916
T otal.

.$ 8 6 2 ,9 1 6

G E N E R A L IN V E S T M E N T N E W S .
Atchison Topeka & Santa Fe.— President Reinhart tele­
graphs from Chicago: “ The improvement goes on. Advices
from the Gulf Colorado & Santa Fe indicate decided improve­
ment in the past few days in the movement of traffic, with
busy times ahead. A considerable movement of grain is
coming to our line from the north of Purcell. Crops promise
to be an average. In the Indian Territory they have been exceptionally good. W heat has commenced to move freely.
Cotton also. Demand for cars is getting to be lively.”

fourtbs of the shares of the pieferred stock and more than threefourths of the shares of the common stock of this company to the
issue of new shares of stock, as therein proposed, has been received.
As soon as practicable after the 30th day of December next a circular
will be addressed to each shareholder of record on the hooks of the
company at the close of business on that day whose post office address
is known, advising him or her definitely of the number of shares
which they m ay have the right to purchase under tlie rule that each
of them shall have the option of purchasing one new share of com­
mon stock for each eight shares of both preferred and common stook
then owned by them respectively, aud also such further information
as m ay appear necessary, to the end that the proposed issue and sale
of shares m ay be made in accordance with the terms of the circular
of the President of this company above referred to.

D etroit Bay City & Alpena.— At Detroit, Micb., Sept. 11,
application was made to Judge Swan in the United State*
Circuit Court for the appointment of a receiver. The appli­
cation was made by attorneys for Rose well G. Rolston, Presi­
dent of the Farmers’ Loan. & Trust Company, New York,
trustee under a mortgage of the road dated Jan. 1,1883.
Holders of $1,600,000 of the bonds outstanding secured by the
mortgage claim that default has been made in payment of
interest, and ask that the mortgage be foreclosed and a re­
ceiver appointed. Mr. Rolston asked for the appointment of
M. L. Scudder of Chicago.
The railroad company protested
against Mr. Scudder’s appointment, and asked if a receiver
be appointed that he be Gen. Alger, President and General
Manager of the road since its construction.
Judge Swan
took tne application under advisement.
The N. Y . Herald has the following: “ The trouble simply
is, ” said t eneral Alger, “ that the road has not been able to pay
the interest on its bonds. Business was very bad during 1891
and 1892, but it began to pick up last spting, and had it not
been for the general financial depression the road might have
pulled through without going into the hands of a receiver. ”
“ How about the charges of mismanagement made by Mr.
Dickinson’s client?”
“ That refers,” said he, “ to a misunderstanding which can
be easily explained. The firm of Alger, Smith & Co. are
building a road from Alpena noith, through Alpena and
Presque Isle counties. About thirty-five miles has already
been graded and some track laid. On the line of the Detroit
Bay City & Alpena there were fifteen miles of steel which
belonged to our firm and had been merely loaned the road. W e
needed the steel for the new road we are building and took up
its equivalent in rails from the Detroit Bay City & Alpena.
There has also been some disagreement about a stipulation we
made in selling our Alcona County road to the Detroit Bay
City & Alpena Company providing that our timber from that
region should be hauled at a certain reduced price.”
Evansville & Terre Haute.— A t Sullivan. lud., September
8th, in the Green County Court, before Judge Briggs, Re­
ceiver Grammer filed a statement asking that he be discharged
as receiver since the parties to the suit had agreed to dismiss
it. The Court then, being advised that plaintiffs and de­
fendants were represented by counsel in Court and he being in­
formed that an agreement had been reached, thereupon de­
clared the road solvent, dismissed the receiver, and ordered
all property returned to the company.
The directors of the Evansville & Terre Haute Railroad met
in New York on Wednesday and elected David J. Mackey
President of the company in place of G. J. Grammer, re­
signed. Mr. Mackey resigned his place as chairman of the
board, and was succeeded in that post by W . H . Tilford.
A t a meeting of the directors on Thursday a resolution was
passed changing the date of the annual meeting of stock­
holders from the third to the first Thursday in October. It
J was also resolved that next year the board of directors should
I
consist of nine instead of thirteen members.
^

Called Bonds.— The following bonds have been called for J Lehigh V alley.— The board of directors decided "to " pass
payment. The numbers of the bonds may be learned at the I the quarterly dividend due 03t. 1 [and passed the following
offices of the companies.
r resolution :

Sep te m b er 16,1S93,]

THE CHRONICLE.

469

••Whereas. The vompanv has been in receipt of only about one purposes. A map showing the property may be found in the
Htoastik’s earnings from transportation since the re-posaeastou of its I n v e s t o r s ’ S u p p l e m e n t .
lines, and those are required to meet interest on the bonded debt, and
—The new extension of the New York Susquehanna &
“ Whereas. la a period of exceptional financial stringency like the
present a sound business policy dictates the wisdom of lessening in­ Western from Stroudsburg to Wilkesbarre is to be opened
terest charges by the application of available surplus earnings to the for coal traffic the latter part of this month.
reduction of the eoruoa ny’s iudehtednesa and the accumulation of an
ample working capital; therefore,
Northern Pacific,—The Wisconsin Central representatives
" B e t e l rat. That it is deemed expedient to defer eonsideratlon of a
resigned last week from the Northern Pacific biard—Messrs.
dividend upon the common stock for the present.”
The vacancies is the board of directors of the Lehigh Val­ E. H, Abbot, Cokata Hoyt. Charles L Colby and David S.
ley Railroad caused by the resignation o f George 0. Thomas Wegg. To-day (Friday) a Milwaukee dispatch says that tho
and the death of Dr. Robert A. Lamberton were tilled by the Northern Pacific receivers have filed a report in the Wisconsin
Central suit showing the operations under the lease to result
election of Beauveau Borie and Henry S. Drinker.
in losses on Wisconsin Central and its connections, including
National Cordage.—A certificate of incorporation o f L. Chicago terminals, for the fiscal year ending June SO, 1893, o f
Waterbary & Co.. Limited, was filed in the County Clerk s $0 17 ,000 . This loss all occurred by reason of the depression
office in Jersey City this week. Tins is said to be the first of a in business the latter part of the fiscal year. The Wisconsin
series of corporations which are to be formed in furtherance Central lease for the first half of the year, outside of Cnieago ter­
o f the plans for reorganization of the Cordage Company and minals, was quite profitable to the company. The losses during
Ite constituents. The torporators of the new company are July and August and up to Sept, 15 inst. were approximately
James M. Waterbary and t liauneey Marshall of the firm of about $80,000 a month, including the loss on toe terminals.
L. Waterbury & Co., and Charles N. King, the Vice-President It is understood that while the receivers recommend the can­
of the Corporation Trust Company of New Jersey. The com­ cellation of the lease they have asked that the matter be re-1
pany's stock is §2,400,000, of which $1.600,030 ia 6 per cent feried to the Master for the purpose of taking testimony bear­
cumulative preferred stock and $SOO.OOO common stock.
ing upon the entire question of a 1vantages and disadvantages
In ease of liquidation or dissolution of the company, the resulting from ratification or canc-liation of the lease. Wis­
holders o f the preferred stock are to be paid in full both the consin Central has already applied for the payment of its
principal of their shares and the accrued dividends charged rental or the cancellation o f it* lease.
before any amount shall be paid to the holders of the general
In regard to Northern Pacific receivers’ certificates, Counsel
or common stock. This stock is subject to redemption at par James MeNaught says: ‘ ‘ The modified form o f the order
on or before Jan. 1 ,1$SW. No mortgage or lien Upon property, and of receivers* certificates has been agreed upon and will be
either real or personal, i» to be created by the board of presented to the Court at Milwaukee this week for approval.
directors or any other officers without the consent o f the No certificates have been issued vet,"
holders of the majority in amount of {(referred stock issued,
Old Colony.—-The statement for the quarter and year end­
and without such consent no mortgage shall be valid.
The company ia authorized to do a general cordage busi­ ing June SO is as folllowa;
ness, and it is also authorized by a very liberal charter or deed
e—Q u a r. e m t. J u n e 30.—.
tm L J u n e 30.
o f incorporation, “ either alone or in association » ith other
$
$
S
jp
corporations, to acquire the good will and franchises and to Or— ., . .m in es................2,8(15.326
2.131,520
6,739,813 9,401,885
undertake the assets and liabilities of any firm or Corporation o p e r a t i n g « x p c i . 1,732,458 1,710,313
6,020,802 6.927,383
in the cordage business, and to enter into ail agreement-, ne­
686,207
2,118,211 2,474,532
Net earning*.............. 502,87(1
gotiations, legal and other proceedings which aiiall appear
773,760
537,801
72.457
163.621
expedient for the protection of the company as holders of or Oita* toon n e*.. . . . . . . . . .
interested in any other cordage properties,”
640,828
T otal............................ 635,327
2,676,012 3,250,292
461,878
1,740,931 1,821,134
It is unde m ood that this company will be the purchasers of tiu., fciuaU and tax*- .. 432,203
the plant and assets of the present Cordage Company.
835,081 1,428,838
Hurplo*................. .
203,122
387,830
The step taken by L. Waterbury & Co. is generally re­
garded as the initiation of a similar departure by the firm of
Pacific Halt read of Missouri.—The first mortgage GaronWilliam Wall's Son - . Tucker & Carter, and the other business delet branch bond* of .if to,000 mature Out, 1, 1893, and this
firms included « ithin the Trust. This will place them, so far Company has decided to extend these bonds at the rate of 1 %
as the law ia concerned, in the same position as the Klizahoth- percent {mi annum until Oct, 1, 1988, the present security
port Cordage Company and other of the Trust corporation-. and lien to remain in force. M -rs. V.wtnilye & Co., 16
The reorganizations will all be made, it ia understood, under Nassau Street, wilt now parch ise the bauds at p»r of any
the laws of New Jersey,
holder* who do not wish to extend them at the Mercantile
New York New Haven A Hartford,—For the quarter and Trust Company,
year eedieg June 30, results were u*follows:
Philadelphia A Reading.—By order of Judge Laeorabe
- Q n u r . e n d . t u n e 30.—
-~F e n r m u ted l a n e SO. - in the United States Circuit Court on Wednesday, John Low­
i* » 2 .
1h93.
1s : m icj.
1192-113. lier W.d*h wu* sutotituted a- a receiver of the Pniladelpliia &
$
•
8
O kkm*<**ruins:*.... 3.097,946
-1,04#,307 11.913,700 17,923,068 Reading Railroad in place of Elisha I’. Wilbur. The other two
VpvmUug exjfti..
3,300,330
8,273.0! 1 12,405,033 receivers are Judge E. M. Pax son and Joseph S, Harris.
mrnimm .
1,2#7.371
S.040,083
5,517.135
Seattle Lake Shore & Eastern—Northern Pacific.—The
Other incorou........
50,531
84383
200,585
189*388
Manhattan Tru-i Co, certificates of deposit for the Seattle
Totftl............
014.9*10
3,829,927
5,717.720 Lake Shore & Eastern first mortgage bonds were listed this
1,310,253
fxtLtmntmU. tax*-*
400,148
000.0 7b
2,719,722 week on the New York Stock Exchange. The application to
1,807*148
tsto&Ms
049,27#
2,102*770
2,997,904 the Exchange say* : •* The interest due on August 1 on the
first mortgage six per cent gold bonds of the Seattle Lake
New York Stock Exchange—New Securities Listed.—The Shore & Eastern Railway Company, which bonds are guar­
Governing Committee of ihe Stock Exchange have listed the anteed. principal and interest, by the Northern Pacific Rail­
following:
road Company, was defaulted upon. A meeting of the bondt'H fU urtukg A O hio Kaic Wat Co m c a s t '* additional Issue o f first h< I lera waa held at which a majority of the total issue of
••oti—ll,!»!>•<! M ortgage * per ce n t gold bonds, 863,000, m stinjc total bonds was represented. At that meeting a committee was
amount listed <23,399,0*10
O sre.ox .k C ji.ir o a s M K iu .x o in Cmu■* s t ’ h nddtilnnat l*«u« of chosen to take charge of the interests of the bondnolders to
prepare an agreement and select a trust company to act as
B ra t mortgage 5 per cent gold bonds, $962,000, mafeiug toiai amount
listed ♦17.707,000.
depositaries of said bonds, under the terms of said agreement.
C s n a n S ta r t s RrnBKa C o n r* S T > additional t*«ne o f preferred The committee so selected are Messrs. James D Smith, H. O,
atock, 8 1 ty .OOO. and o f com m on stock *32 3,4 '0 . tusking total amount Armour, E, I), Christian and Morton S, Pa ton.”
listed $19,1.00,500 and 920,166.OOo reapeetively.
Yionx City & Northern,—Messrs. J. Kennedy Tod & Co.
M v V S itT pi I t u t fr iT C ovi'tST"* additional t*me o f consolidated
m ortvave 4 percent gold bonds, $2,760,000, making total amount listed advertise that pursuant to the terms of a certain trust agree­
? 12.0 su.ooo.
ment between A. S. Garretsoa and themselves, as trustees^
» s a t t i .e L * x * Boor * <fc E asters K t i t v i r C onrA irr.—Reorganiza­ dated Dec. 31, 1892, they will sell at auction on Sept. 19 the
tion certificates o f ih « Manhattan T reat Company fo r 1st mortgage 6
following securities held by them under Said trust agreement
per cent guaranteed gold bonds.
S w Y ork SosocEiiASstA & W esters Itui.K oan Company ' s 1st as security for the payment of the principal and interest of
more go ko dfiy-ywxr 5 per cent gold terminal bonds, $990,000.
certain promissory notes described therein, viz,:
10,600 shares of’ the capital stock of the Sioux City & North­
New York Nnsqnohaniiii & Western,—The 50-year 5 per
cent first mortgage terminal bonds of tho New York Susque­ ern Railroad Company of the par value of $100 each and
2,340
of the first mortgage 5 per cent gold bonds of the
hanna &. Western wore listed this week on the New York
Stock Exchange, The authorized issue is 82,000,000. The Sioux City O’Neill & Western Railway Company of the sum
bonds are secured by a first and oniy lien on the terminal of ft ,000 each, with coupons for payment of semi-annual in­
property and branch of the company, consisting of three terest from and including April t. 1893, to the maturity of
miles of double track road, 5,000 feet of which is a tunnel the bonds attached thereto. The above is a controlling inter­
through the Palisades, extending from a point on the main est in the Sioux City & Northern,
line near Little Ferry, N, J., to Edgewatar, on the Hudson
Southern Pacific.—The directors of the Southern Pacific
River, opposite about One Hundredth Street, New York City, Railroad Company o f California have decided upon a bond
and covers in addition thereto sixty-two acres of terminal issue which will provide for its present and future require­
proparty, with a water frontage of 1.400 feet, including ri­ ments as regards new mileage, additions and betterments, and
parian light# at that point, together with all coal piers, freight also provide for the refunding at a lower rate of interest of
docks, engine houses, transfers and other terminal facilities it3 entire bonded debt as it matures or in exchange for these
now in ctrtn a of construction, to be completed daring the new bonds which cover additional mileage. The new mort­
early pxrt o f JdtM* The m irtgage also covers properties of gage provides that prior liens shall not be extended when
all kin Is hereafter acquired by the company for terminal they mature. The new bonds will bo known as first con-

470

THE CHRONICLE.

•olidated mortgage gold bonds and mature in 1937. They are
authorized to be issued at a rate not exceeding $30,000 a mile; of
this amount $7,500 per mile are expressly reserved by the terms
of the mortgage for additions and betterments. The only
immediate change in the company's funded debt will be the
issue under this mortgage of about $3,000,000 bonds, carrying
five per cent interest, which will be a first lien on about 130
miles of road which has been constructed during the past two
years and on which no mortgage has as yet been placed.
The new mortgage is limited to an issue of $89,293,500 and
the prior liens it provides for aggregate about $50,000,000.
President Huntington is quoted as saying :
“ The new mortgage will be a first lien on all of the com­
pany’s property, including the lands.
The company has
built during the past two years about 130 miles on which
there is no lien, and the new mortgage will be a first lien on
this mileage. As the present outstanding bonds mature they
will be taken up by this mortgage and will be exchanged
probably before their maturity for the new bonds.
“ The balance of the new bonds will be issued gradually
and only as the construction of new mileage, made necessary
by the increasing local traffic, justifies such issue. In other
words, we shall build no faster than is actually necessary to
accommodate the sections of country through which such
lines are to run. There are certain limitations in the mort­
gage as to the amount to be issued within certain periods, and
it would be probably well in the next century before all the
bonds authorized under the terms of the new mortgage will
be outstanding, although of course no one can foretell how
rapid the development of California may be.
“ This mortgage provides that no bonds are to be issued to
pay a higher rate of interest than 5 per cent. W hen we built
the Central Pacific the company had to issue 6 and 7 per cent
first mortgages on the main line and branches, and some of
those have been extended since then at 5 per cent and even
per cen t; so it is reasonable to suppose that under the new
mortgage we may be able before long to issue bonds at a
lower rate than 5 per cent.
C .‘ ‘ The creation of this new mortgage is in line with the gen­
eral policy adopted by almost all the large companies at the
present day— to merge all their mortgage liens into a unified
or consolidated mortgage, which shall cover their whole
system.”

[V o l. L Y II.

® je p o u t s

a n d

flo c m r c e u ts .

C H IC A G O MILWAUKEE & ST. PAUL R A IL­
WAY C O M PANY.
T W E N T Y -N IN T H
ANNUAL
REPORT— FOR
Y E A R EN DING JUN E 30, 1893.

FISCAL

The President and Directors submit to the Stockholders the
following report of the business and operations of the Com­
pany for the year ending June 30, 1893, and of the condition
of its property and finances at the close of that year.
The operation for the year shows the following result :
Gross earnings................................................................ $33,975,054 71
Operating expenses.............................................. .......... 22,488,107 83
Net earnings.............................................................. $11,486,946 88
Income from other sources................... $122,139 92
Less interest and exchange................... 21,470 32
----------------100,669 60
Total.................................................................................$11,587,616 48
Fixed charges— Interest on bonds........................... 7,065,215 71
Balance above fixed charges.................................. $4,522,400 77
During the year two dividends aggregating seven per cent
were paid on preferred stock, and two dividends aggregating
four per cent were paid on common stock.
M IL E S OF TRACK .

The Company owns and operates 5,724-13 miles of railway,
as follow s:
Main track owned solely by this C om pany.. 5,714-80
Main track owned jointly with other Co’s.
9-33
Total length of main track...........................
Second and third tracks and connection
tracks owned solely by this Company..........
Second and third tracks and connection
tracks owned jointly with other Companies.

5,724-13
203’51

2'82
Standard Oil Trust.— The holders of certificates of the
Standard Oil Trust met on Wednesday to receive a report
Total length of second and third tracks
from the trustees appointed at a meeting on March 21, 1892,
and connections............................................
206-33
to wind up the affairs of the trust. The trustees appointed Tracks owned by other Companies, but used
were John D. Rockefeller, W illiam Rockefeller, John D.
by this Company under agreements.............
62 ’01
Archbold, Benjamin Brewster, H . H . Rogers, W . H . Tilford Yard tracks, sidings and spur tracks owned
and O. B. Jennings. The dissolution of the trust was decided
solely by this Company...................................... 1,200'l l
upon after the rendering of a hostile decision in the Ohio Yard tracks, sidings and spur traks owned
courts and the companies composing the trust were reorgan­
jointly with other Companies............. ...........
22'81
ized under separate State laws. There were about 75 per
cent of the trust certificates represented at the meeting. The
Total yard tracks, sidings and spur tracks
1,222-92
trustees reported that 62 per cent, or $60,295,000, out of $97,250,000, certificates had been retired, the holders receiving in
Total miles of track........................................
7,215 '39
exchange equitable shares in the properties represented in the
trust. There are now outstanding 38 per cent, or $36,955,000,
The lines of road are located as follows :
of the certificates. The total valuation of the Standard In Illinois........................
318-08 miles.
properties is estimated at $125,000,000. The certificate holders
“ Wisconsin.................................................
1,377-41 “
accepted the report of progress and the trustees will proceed
“ Iowa............................................................................. 1,553'25 “
with the gradual retirement of the remaining certificates. It
“ Minnesota................................................................... 1,120-09 “
was stated at the meeting that the company had earned
“ North Dakota............................................................
118-21 “
between 14 and 15 per cent for the year. The usual dividend
“ South Dakota............................................................ 1,096-82 “
of 12 per cent was declared.
“ Missouri......................................................................... 140-27 “
Toledo St Louis & Kansas City.— Receiver Calloway, of
Total length of main track................................ 5,724-13 “
the Toledo St. Louis & Kansas City, has filed his report with
the United States Court for August. This shows the receipts
D O U B L E T R A CK .
of the company to have been $217,404.
Of that sum $168,279
The following sections of second main track have been com­
was paid out in current expenses and $43,722 was paid in
debts contracted before and remaining unpaid at the time the pleted during the year :
road went into the hands of a receiver. On September 1 Chicago & Milwaukee Division :
Forest Glen to L a k e .................................................... 67-43 miles
there was a cash balance on hand of $5,402.
Chicago & Council Bluffs Division :
• W abash.— The annual meeting of the Wabash Railway
Mont Clare to Bensenville............................................ 8-00 “
directors was held at the company’s office at St. Louis on the
Kittredge to Mt. Carroll................................................ 11-40 “
12th inst. There were over 641,000 shares voted out of a Northern Division ;
total of 805,000.
The present board of directors was unani­
Milwaukee to North Milwaukee..................................5-06 “
mously re-elected as follows: O. D. Ashley. George J. Gould,
Edgar T. Welles, Henry K . McHarg, C. J. Lawrence, P. B.
Total............................................................................. 91-89 “
Wyckoff, S. C. Reynolds, Edwin Gould, Thomas H. Hub­
bard, John T. Terry, Russell Sage, C. C. MacRae and Francis
Second main track is now completed between Chicago and
Pavy. O. D. Ashley was re-elected President. The report of Milwaukee. The grading for second main track on Chicago &
President Ashley will be found in another column.
Council Bluffs Division in Illinois, Bensenville to Genoa, 41-72
W estern Union Telegraph.— The estimated net earnings miles, is now under construction under contract made last
for the quarter ending June 30, 1893. were $1,750,000 ; the fall. The track will not be laid this season.
actual were $1,677,907, or $72,093 less than the estimate.
R O LLIN G STOCK.
Estimated net earnings for the quarter ending Sept. 30, 1893,
The following rolling stock has been purchased :
compare with the actual results in the same quarter of 1892 as
23 Locomotives..............................................$179,68667
follow s:
2 Sleeping Cars...........................................
31,04131
-------- Quarter ending Sept. 3 0 .------Actual, 1892.
Estimated, 1893.
38 Coaches....................................................... 201,53301
N et revenue............................................. $ 2 ,2 2 0 ,7 7 7
$1 ,8 0 0 ,0 0 0
3 Parlor C ars.......... ............................... 30,641 20
Deduct—
----------------- $442,902 19
Interest on bonds...............$2 2 3 ,3 3 5
$ 223 ,3 4 7
Sinking fund.........................
20,0 0 0
20,0 0 0
The following rolling stock has been built at
2 43,335
243,347 the Company’s shops :
1,500 Flat Cars......................................................$518,95729
Net revenue..................................... $t ,97 7 ,4 4 2
$ 1 ,5 56,653
350 Stable Stock Cars..................................... 201,37048
Less dividend...................... ( l i t p. c.)
1,077,413
(1*4 p. e.) 1,185.000
13 Baggage,Postal, Mail and Ex. Cars 27,338 04
Surplus for quarter.......................
$ 9 0 0 ,0 2 9
$371,653
24 Caboose Cars............................................. 13,40062
Add nominal surplus June 3 0 ......... 13,570,127
6 ,886,819
5 Narrow-Gauge Stock Cars..................
1,03693
Nominal surplus Sept. 3 0 ...............$ 1 4 ,4 7 6 ,1 5 6
----------------762,103 36
$7 ,2 5 8 ,4 7 2

Skftembkr 16, 1893.]

471

THE CHH0N1CLE

WB ro ught forw ard ..........................................................................

$ / , 2O5 ,o0j JS

There has also been expended during the year, in
the Company’s shops, for power Drakes, auto­
matic couplers, steam-heat and electrie-kght
equipment, and other improvements to rolling
stock, the sum of....................................................

153,747 74

T otal....................................................................11,358,753 29
O f this amount the sum of §379,784 10 has been charged to
operating expenses for the purpose of maintaining car equip­
ment by the replacement o f cars worn out. destroyed by
wreck, tire, or on foreign roads ; and §179,686 67 for the re­
placement of twenty-three old, small locomotives scrapped.
COM PAR ATIVE SUM M A R T OF OPERATION.

Gross E arn ings.
1892 .................. §32,283,508 34 j
1893 ..................... 33,975,054 7! Increase.................§1,691.546 37
O peratin g E xpen ses.

1892 ..................§30,815.004 50 I
1893 ..................... 22,488,107 88 IIncrease............... §1,673,103 33
N et E arn ings.

1892 .................. §11,468,503 84 I
1898.................. 11,486,940 88 jIncrease......................§18,443 04
T ons Of F reig h t C arried.

1892.. .....
11,568,930 1
1893 ........................ 12,261,705 j Increase......................... 693,775
N um ber o f P assengers C arried .

1893.............................. ,8,036,906I
1893............................. 8.279,158 IIncrease......................... 253,252
Miles Hun b y R evenue Trains.

1892 ......................... 22,458,399j
1893 ........................33,230,121 j Increase......................... 777,822
M ileage o f L oa d ed F reig h t Cars,
t m ..................... .319,905,905 |

For conducting transportation there wns an increase in
expenses as follows : Station service, 18162,857 05 ; conductors,
baggagemen and brakemen, §133,30241; engineers, firemenand
wipers, §149,817 43; train and station 'supplies, $28,697 58 ;
fuel, oil and waste, §265,597 29—a total of §740,271 78.
The payments of this Company for labor directly employed
in its service during the past year -were §14,585,874 09, and for
material and supplies §9,313,036 44.
The gross earnings from sleeping cars were §190,125 11, a
decrease o f $5,941 21 from the previous year. The operating
expenses were §84,540 43 and net earnings §105,584 68 . Two
new sleeping cars, costing §31,041 81, were bought for replace­
ment account and charged to the operating expense account
of repairs of cars,
The net earnings of the Milwaukee & Northern Railroad
Company for the fiscal year ending June 30th, 1893, were
§543,538 65, against §642,904 13 for the list fiscal year, a de­
crease of $99,385 48. The decrease is due to the depressed
condition of the iron industry.
Your Board has decided that, for greater convenience and
economy of opera (ion. the Milwaukee & Northern Railroad
should be purchased and merged with the property of your
Company, which owns all of the stock of the Milwaukee &
Nortnern Company. You will therefore be asked to take {he
necessary action at your annual meeting in September next to
ratify and approve such purchase and transfer o f the Mil­
waukee & Northern property, subject to a mortgage o f seven­
teen thousand dollars per mile.
The floating indebtedness of your Company, consisting of
bills payable, is $3,240,000, against which there is in the
treasury of the Company and due from Trustees $8,824,000 of
bonds which may be sold.
The principal items of this indebtedness were incurred by
the redemption o f La Crosse Division and other bonds, under­
lying the general mortgage, that have matured or been retired
for sinking fund purposes, for which a like amount of general
mortgage bonds have been or will be issued ; also for building
94 miles of Milwaukee & Northern RR. extension, for which
§1,069,000 Milwaukee & Northern RR. Co, 6 per cent Consoli­
dated bonds have been issued and are in the Company’s treas­

1893......................... 226,68 4,6*8 | Increase.....................6,718,983

on- floating indebtedness will disappear and there will still
remain in the treasury over §5,000,000 of the §8,824,000 of
bonds referred to above as available for gale.
1892............................. 80,978,980I
Your Board lias not deemed it advisable to offer bonds for
1693........................... 82,015,404 |Increase....................... 1,636,424
sth* in the present condition of the money market, preferring
C ost o f O perating R o a d P er R even ue Train M ile Run.
to borrow money temporarily to recoup the treasury funds
1892........................... 92-68 cts. |
u - d, which they have been able to do without difficulty.
IMS.....................96-78 cts. j Increase.......................... 4'10 cts.
For detail* of operation, reference is made to the statements
of the General Auditor, appended hereto.
G ross E a rn in g s P e r Mite o f R oad.
Bv order of the Board of Directors,
1892 ........................ §5.642 98 I
ROSWELL MILLER,
1893 ........................ 5,936 58 | Increase...............
§298 9O
A u g u st, 1893.
_ _ _ _ _ _
President.
M ileage o f E m p ty F reigh t Cars.

O perating E xpen ses Per M ik o f R oad.

1892 ........................ $3,638 35 j
1893 ........................ 3,929 42 j Increase.......................... $291 07
Net E a rn in gs p e r M ik o f Road.
1892 ........................ $2,004 63 1
1893.. . .....
3,007 16 } Increase............................ $2 53
A verage M iles o f R on d O perated D u rin g the. Y ear.

1892... . ...................... ...5,721 |
1893 ...............................5,723 | Increase...........................
2
The average rate per ton per mile received for freights for
a series of years past has been as follows, viz.:
IM S ... ,,,.4*11 cts. 1875..
1885.....
I860... .. ..3*76 *4 1876., ....... 2*04 44 1886....... .1*17 •*
14 1887....... . 1*09 “
1867... ....3-94 it
1877.
1668... .. ..3*49 U
1878.. ....... 1'80 *' 1888------ .1*006 *<
m
I860.,.
1878. . ...1*72 44 1889. .. . .1*059 *•
1870... . . .. $ • 8 8 «< 1880. . .,,1*76 u
1890.......
a
m
i*m ... ., ..2 54
1*81..
1801....... .1*003 “
it
t m . . . ,...2*43
1882, ....... 1*48 «
1892... . .1*026 “
1875... .. ..2*70 if
1883. ....... 1*89 it
1*026 “
1893....
U
.
1874... ....2 3* "
1884 ....... I 29
GENERAL R E M A R K S .

The operation of your Company's Hoes for the year shows
increase of grow earnings §1,691,546 87 increase o f expenses,
$1,673,103 33, and increase in net earnings, §18,4-43 04,
The principal items o f increase in expenses were in main­
tenance of property and conducting transportation.
Maintenance of track and bridges increased §793,312 23.
Forty-one thousand and fifty-one tons of steel rails and
1,745.606 cross-ties hare been put in the track during the
year, and there are now 4.785*70 miles of main track laid with
steel and 988*43 miles with iron rails.
About two miles o f pile and trestle bridges have beeti filled
with earth, and one hundred and thirty-eight wooden cul­
verts have been replaced with iron, and cost charged to oper­
ating expenses.
The replacement of 1,513 feet of wooden bridges by iron
structures has been completed during the year, and seven
wooden bridges have been replaced with stone, rail-covered
and arch culverts. Other work of this character is in prog­
ress.
Maintenance of motive power, machinery and cars decreased
§223,129 95 in consequence of large replacements during the
previous ve*1*

GENERAL ACCOUNT JUNE 3 0 T B , 1803.
P r.
C ost o f Road and Equipment ..............
$195,223,233 67
Bom!*. Stock, Me . o f other Companies
7,173,493 22
Due f r o m agents, Conductor*, e t c .......
$324,566 27
line from sundry Ott.Nl and Individual*
332,592 93
Dm- from U 8. Governm ent...................
258,420 18
Sinking Fund»:
Vice-President in Special Tru*t. Acet.
fJubtt. Miv. sink. Fund.$3 7-,0 90 uO
\ E, Tra*t Co., Trustee. 74.660 OO
V . 8 Trust Oo., Trustee
11,477 BO
Farmer*' Loan A Trust
Co.. Trustee.............. .
323,83
4.64,160 33
Stock of Material and Fuel....................
Stock o f the Co held in its T rea su ry ..
Mori bond* o f the Comp'y unsold, held
in it* Treasury or due from Trustees.
Miiwau, A North. RK. Co 6 p. e. Con*,
band*, unsold, held in the Treasury
o f the Company or duo from Trustee*
Loan- and D U* Receivable....................
Cash on hand..............................................

2,631.065 99
4,770 OO
7.735,000 00
1,089.000 00
700,000 < 0
2,062,813 67

16,203,291 37
$218,600,018 26

or.

capital Stock, Preferred..........................$25,767.900 00
Capital Stock. Com m on.......................... 46 .027 .261 00 $/1,795,101 00
Funded D eb t.............................................
Pay Roll* and Vouchers.........................
Loan* ami Bills P ayable.........................
Wi* Valley Div. Blnksm- Fund ..........
Datamini Divisen Sinking F un d............
Dividends U nclaim ed..............................
Interest Coupon* not presented............
Interest accrued, not yet p ayable........
Income A cco u n t,.

....... .

2,665.149 49
3,240,00000
1 8 000
58,480 00
37,819 64
62.606 16
8,447,222*92

130,805.500 00

9,511,458 21
6.487,899 05

$218,600,018 26
STATEMENT OF INCOME ACCOUNT
F o r tu b F iscal, T e a r E nding J une 30 th , 1893.
Balance at credit July let. 1892...............
$5,809,208 80
Dividend No. 45, payable October 20tlJ.
18:' . from net earnings o f flsca! year
ending June 30th, i802 :
3*. . on $ 2 4 3 6 4 .9 0 0 preferred stock
$852,771 50
i f . on i, to, 057,681 comm on B lock...
919,153 92
Amount act apart as an insurance fund,
in accordance with resolution o f the
Board o f Director* adopted Doc. 29th,
1392. and o f tile E xecutive Committee
adopted February 2d. 1893....................
300.000 00
Old A ccounts charged o ff...........................
14,044 83 2,085,970 20
$3,783,238 60

THE CHRONICLE.

472

Gross Earnings..................................................$ 5 3 ,9 7 5 ,0 5 4 71
Less Operating Expenses (includ. taxes) 22,4 8 8 ,1 0 7 83
N et Enrnings..............................................$ 1 1 ,4 8 6 ,9 4 6 83
Income from other sources..........................
122 ,1 3 9 92
N et Revenue for the year.

$ 1 1 ,6 0 9 ,0 8 6 80

T otal...............................................................
Interest accrued during tho year on
funded debt.....................................................
Interest and Exchange.................................
Dividend No. 46, payable April 19th,
1 8 93, from net earnings of fiscal year
ending June 30th, 1893 :
3V % on $ 2 5 ,6 7 3 ,9 0 0 preferred stock
2 % on $4 5 ,9 5 7 ,6 9 1 common sto c k ...

$ 1 5 ,3 9 2 ,3 2 5 40
,065.215 71
2 1 ,4 7 0 32

898 ,5 8 6 50
919 ,1 5 3 8 2

Balance at credit June 30tli, 1 8 9 3 ...

8 ,9 0 4 ,4 2 6 35
$ 6 ,4 8 7 ,8 9 9 05

CLEVELAND C IN C IN N A T I C H IC A G O & ST.
LOUIS RAILW AY COMPANY.
FOURTH

ANNUAL
R EP O R T— FOR FISC AL
E N D IN G JU N E 30, 1893.

YEAR

For tlie fiscal year ending June 3 0 , 1 8 9 3 , the gross
earnings of the C. O. C. & S t. L. Ity. Co .proper, have
been................................................................................................ $ 1 4 ,6 0 9 ,0 5 5 64
Operating expenses, including tax es..................................
1 0 ,9 6 4 ,7 8 6 62
N et earn in g s.................................................................................
Interest and r e n ta ls...................................................................

$ 3 ,7 0 4 ,2 6 9 02
2 ,6 5 2 ,9 6 1 20

l e a v i n g a balance to credit of income o f ........................
Deducting from this dividends on preferred stock at
the rate of 5 per cent......................................................... ..
A lso dividends on common stock at the rate of 3 p. c ..
And also sundry balances of accounts and old claims
charged o ff...................................... .............. ............................

$ 1 ,0 5 1 ,3 0 7 82

Leaving a deficit from the operations for the year o f . .
Deducting this from the balance to credit of income
account of the previous year o f.........................................

$ 3 6 2 ,0 0 2 30

Leaves a balance, which has been carried forward, of

$ 4 5 4 ,0 1 7 81

5 0 0 ,0 0 0 00
84 0 ,0 0 0 0 0
7 3 ,3 1 0 1 2

8 1 6 ,0 2 0 11

The mileage of track from which these earnings were de­
rived is practically the same as last year, except that the
Cincinnati W abash & Michigan Railway and the branch line
from Rushville to North Vernon (249’10 miles), are included
this year but were reported separately last year. There have
been added during the year 4'33 miles of double track on the
Chicago division ; also at various points on the C. C. C. & St.
L . R y ,, proper, 28’61 miles of siding, and on the Peoria &
Eastern Ry., 8'03 miles of siding.
The Mt. Gilead Short Line (2 miles), which was operated by
this company, earned 84,971 78 ; operating expenses, 85,718 41,
showing a deficit for the year’s operation of §746 63, which
was advanced by this company.
The Kankakee & Seneca Railroad (42'08 miles in length),
operated jointly for account of our company and the Chicago
Rock Island & Pacific, earned, gross, §83,044 85 ; operating
expenses, §88,466 23 ; deficit, §5,421 38, which has been ad­
vanced by this company.
The Peoria & Eastern, from Springfield, O., to Peoria, HI.,
(352 miles in length), earned gross, §1,740,501 6 1 ; net, 8272,352 2 1 ; fixed charges, §441,620 ; deficit, §169,267 79, which has
been advanced by this Company.
Making altogether during the year a total mileage of track
on all the systems operated and controlled by this company
of 3,008 42 miles.* Total gross earnings, §16,497,573 88 ; net
earnings, 53,970,453 22, being a loss in gross earnings com­
pared with last year of §62,637 02, and in net of $732,315 72.
It will be seen from these figures that while the gross earn­
ings have been practically maintained, the expenses have
been very largely increased, not only on the main line but on
the leased and operated roads. Your Directors, when consideriDgthe half-yearly dividerd on the common stock, after
very careful deliberation deemed it wise to use a portion of
the accumulated profits of previous years and pay the usual
m one and one-half per cent half-yearly dividend.
They were
further justified in this by the belief that the operating ex­
penses tor the preceding six months were very largely in
excess of what they would have been under ordinary circum­
stance s. As has been stated in previous reports, the Com­
pany’s System was formed by a consolidation of many lines,
and at the vaiious junction points where a large interchange
business came from such consolidation, there were inadequate
facilities in the way of yards, shops and round-houses to take
care of it. The Company also inherited from the different
Of mpanies a large number of old and worn-out engines, but
hoped by the gradual rebuilding of the same and the pursuasing of new ones, to provide for the business as it came.
However, the large traffic coming to the line in the last fall
and winter demonstrated that this could not be done, the
consequence being that the motive power gave way under
the excessive straiD, the season being unusually severe, and
the financil result was that the earnings largely decreased and
the expenses increased, as is shown by the figures previously
given.
A n additional reason for the large ratio of expenses is due
to the fact— which has been alluded to in previous reports— of
‘ This mileage does not correspond with that given iu the last A n ­
im al Report on account of correction of errors that occurred in last
ear’s statement of track on some of the divisions.

[You LVli.

the'increase of wages which was made in 1890. The opera­
tions of the Company have since demonstrated that the em­
ployees in that settlement received more than their share, and
an adjustment ought to be made upon au equitable basis.
Steps have already been taken leading to this, and the officers
have been met so far in a fair and proper spirit.
Your Directors have been for some time consideiing a plan
to provide the Company with proper terminals and motive
power, and with your approval decided to make a con­
solidated bond, of which $5,000,000 should be sold for the
present needs of the Company and the balance used in re­
funding the old debt and for new improvements not exceed­
ing a certain amount each year. This policy was determined
upon in May and immediately arrangements were made for
adding to the terminals at Lindale (near Cleveland), at
Springfield, Bellefontaine, Cincinnati and Indianapolis, and a
large number of new locomotives were placed under contract,
to be delivered during the summer and fall; §2,000,000 of the
bonds authorized were sold,to be delivered and paid for in July,
the proceeds of which have been received since the closing of
the year’s accounts and the receipts applied to the reduction
of the Bills Payable of the Company. The remaining $3,000,000 will be sold whenever the market will justify, and the
proceeds will be used for the improvements which have been
ordered and which will be completed during the coming fall.
Including the engines which are now contracted and to be
delivered, it will have purchased since the consolidation 180
new engines, 72 passenger cars, 5,969 freight cars. The sale
of the remaining §3,000,000 of bonds will complete the pay­
ment for these and leave the Company without any floating
debt except deferred payments on equipment as shown in the
Auditor’s statement.
Its fixed charges for the coming year, including the interest
upon these bonds, will be 82,831,440— not large for a Company
that has earned in the past year nearly S 15,009,000 gross.
Measures have been taken to reduce the expenses on the
subsidiary lines, so that it is expected for the coming year
they will be self-supporting. This is particularly true of the
Peoria & Eastern Road, where it was necessary to expend
large sums during the past year in the renewals of bridges
and ballasting certain portions of the line, which were in the
nature of permanent work but had to be charged, under the
contract, to operating expenses.
The physical condition of the property has been more than
kept up. The expenditures upon the track, for heavier rail,
replacement of ties, new bridges and interlocking at railway
crossings, have probably been somewhat larger than was ab­
solutely necessary for the year, but the condition of the
track has been very much improved, and the results of this
year’s expenditure ought to enable it to he maintained for a
less amount for the coming year. The details of all expen­
ditures will be found in the Auditor’s statements attached.
By examining the statistics attached, it will be seen that
the tons of freight carried and also the tons carried one mile,
and the earnings from the same, show a decrease. The
average receipts per ton mile, every thing considered,
have held up remarkably well. The freight train mileage,
however, shows an increase, with less tonnage handled;
and herein lies a large part of our increased expenses. This
is due to insufficient terminals, defective motive power and
the severe winter weather.
The passenger business shows a very gratifying increase in
passengers carried and in revenue ; although the average re­
ceipts per passenger mile show a slight decrease.
The freight train earnings per mile run decreased from §1 48
to §1 41. The passenger train earnings per mile, however, in­
creased from §1 04 to §1 07.
The interchange of business with the Lake Shore & Michi­
gan Southern Railway and the Chesapeake & Ohio Railway
(the two principal eastern connections of the Company) for the
year compared with the previous is as follows :
1893,
Tons del’d to,

l . s. &
M. S.

1893,

35,227

( 1892,

41,695

(

PassTs del’d to,

Tons del’d to,

C.&
PassTs del’d to,

965,370

1892, 1,066,410

1893,

368,322

1892,

418,825

1893,

12,461

1892,

(

Tons rec’d from,

(

1893, 424,823
1892, 382,376

( 1893,
PassTs rec’d from, <
(

1892,

38,487
44,525

; 1893, 417,698
Tons rec’d from.

' 1892, 340,864

ti 1893,
PassTs rec’d from, 5,414
t 1892,

22,352
11,290

The Company during the past year has spent a large sum of
money upon its Chicago Division, preparing for the passen­
ger traffic for the W orld’s Fair, which, although not up to the
expectation of the Managers, is still very large, and wre are re­
ceiving the benefit of this expenditure. After the terminals
which are new nearly completed at the various places alluded
to in the previous part of this report are finished, there will
be no construction account of auy importance upon the line.
Your careful attention is called to the attached statements
of the Auditor, showing the various accounts of the Com­
pany ; also to the statements of mileage of tracks and of
equipment owned as of June 30, 1893.
The employes have served the Company with faithfulness
and care during the year.
A ll of which is respectfully submitted.
By order of the Board of Directors.
M , E . Ingalls,
C i n c i n n a t i , O.,

A vgust 21,1313.

President.

THE CHKOXIOLE,

September 16, 1893. |

473

COMPARATIVE GENERAL BALANCE SHEET JUNE 30, 1892, AND JUNE 30, 1893.
ASSETS.

L IA B IL IT IE S .

1892.
«

1893.
*

Construction and Equipm ent*....... 80,290.192 83,-186.812
General Supplies................................
796,853
777.428
C. L. & a RH. First Mort. Bond**..
329,000 328.000
C. L. & C. RR. Second M. B onds*..
940.000 840.000
C. n .
li. RR. First Mort. Bonds-.
275,000 275,000
K . & 8. Ry. First Mort. Bonds*.......
328,000
33S.OOO
V. G . A li. RR. Firs! H o n . Bonds*.
450,000 450.000
C. A 8. Ry. Second Mort. Bonds—
526,000 526,000
C. C. C. At, S t .!.. K.v. (Sp. & Col. Div.)

First Mort. Bonds.........................

230

I n c . o r D ec,

*
1 3 ,1 9 6 ,6 1 9

1> 9,424

230

C a C. & I. Ry. First Con. B on d s..
67,000
91,000
Capttai Stock owned In Branch
Roads, etc..........................................
886,318
973,228
Central Trust Co.. Trustee, 3 . F.
under H i M. St. L. D U ...................
267,000
278,610
Capital A ccount o f Fact Freight
18,419
Lines, e t c .........................................
20,219
2,884
2,884
Clark's Hill Elevator.........................
10,000
Stoane Property. SanduSqr.............
1 0 ,0 0 0
456,475
Peoria A East By., L o s s A ccount.
199.063
A dvances to Branch l i n e s .............. 3,595.820 1,601,988
339,851
Cash ia Hands ot Treasurer............
386,951
456.541
Cash Banks to Pay C oupons............
382.323
*133.137
Cash in Bank to P ay D ividends*..................
Cash in R an k-to Redeem Bonds, etc.
2,200
2,280
17,429
Bills R eceivable.................................
67.224
A ccou nts Receivable. UK. Co ’ s vnd
848.900
others. Sundry Balances................
618.541
Station Ayetkta.................
213,202
234,907
138,291
V , S> Govt, and P. O. Depart...........
102,230

I 24,000
I 86.SS0
I 11,010

D l 800
l 237,413
I 6,168
D 47,300
I 74,218
I 133.137
I 50
D 49,796
I 230,319
I 21,784
1 36,064

1892.
jjj

,

1893.
,g

:

5

-V ......... ..................

360.0 U 2.212.811

Bills Audited tlnel. June Pay KulD). 1,366,203 2.12-.401
A ccrued interest on Bonds not due.
380,2<J7
379.162
Coupons Cupaul..........................
382,323
456,541
Dividends Unpaid*5.............................
430.000 *533,137
B alance to Credit o f Incom e A c o t..
818,020
454,018
T o n ! .................................. .............90,642.380 04.8112,203

3,909,922

In c. o r D ec'

gv

Capital Stock, Com m on.................... 27,978,725 27.978,725 ....... . ........
Capital Stock, P referred ..................10,000,000 10,000,000
............
Caul cat Stock, C. S. & C. F r e t and
Scrip*.................................................
428,907
428,997
...
C. & I. RR. First Mort. B onds.........
294,000
B 294,000
379.000
t. e. & L. R R . Mort. Bonds o f 1907. 379.000
C, L . A- C. RR. First Mort. B onds... 792,000
792.000
C. I. St. L. & C. Ry. First- Consol. M.
6 % B onds..........................................
745,000
738.000
D 7,000
C. I. St. L. A C. Ry. Gen. First M.
Bonds.......................................... 7,459,000 7.753.000
I 296,000
B. A I. RR. First Mort. B on d s........
149.0 0
127.000
D 22,000
000
C. C. C. & !. Kv. First M. S. V. Bonds. 3,000.000 3.000.
0 . C. C. & r. Ry. 1st Con. M. Bonds. 4,124,000 4.150.000
" l 2 HO00
C. C. A- t. R y. Gen Con. M. B onds.. 3,205,000 3.205.000
1. A St. L . UR. First Mort. B onds.. 2,000,000 2 .0 0 0 .
000
I. A St. i. Ry. 1st Mort, B onds.......
500,000
500.000
C. A- 9. Ry. First Mort. Bonds.......... 2,000,000 2,000,000
C. A 8. Rv. Second Mort, B onds______________ 125,000
125.000
a C. C. A St. L, Ry. <C. V. A C- Ry.)
First Mort. B onds,.......................... 5,000,000 5,000,000
C. 8. A C. RR. First Con. M. Bonds. 2,511,000 2.571.000
1 60,000
C. C. C. A S t I, By. {Spring. A Col.
Div.) First W ort Bonds . .............. 1,103,730 1,103,730
c . e . c . ,t st. i * Ry. o v . tv. v.u.
050,000
Div.) Mort. Bonds..........................
650,000
C. C, a A St. L. Ry. (8b L. Div.)
First Coll. Trust. « . B onds........... 10,000,000 1 0,000,000
C. C. C. A 86.
Ry. (C. W. A M. Rv.
Div.) M ort B o n d s .......................... 4,000,000 4,000,000
.............
8- D. 4t C. RR. First Mort. B o n d s..
60,000
D 60,000
Bonds drawn for Redem ption and
0 nredeem ed.....................................
4,650
2,650
0 2,000
403,425 1,923,001 I 1 ,5 1 8 ,5 7 6
Bills P a y a b le ......................................

T ota l............................................... 90.642,280 91.612.203

I 1 ,8 52,841

1 762,197
l 1,046
I 74.218

I 133,137

D 382,002
I 3,969,923

1. See na*r 11 for particulars 2. These bond* are deposited under the C. I. St. L. A C. 4
Mortgage. :p 8125,000 Preferred Stuck Dlvi
d e»4 p ayable July 1, 1893; balance. $8,137 42, prior Dividends impaid. 4, A-Mimed in purchase. 5. Monthly payment* due tn flsonl years
etidiny June 30. as fo llo w »; 1*94--•*863,808 80s 1*95. 8480.193 6 0 : ISM --8360.193 60: 1.897-9338.000 5 2 ; 1808-4)135.760: 1893, 1900 and
1901—878.100 each year. 6*. 0420,000 payable August 1, 1 » »3 for balance o f 8133,137 42, see note 3.

surplus of each year has been credited, and to which extra
expenditures for betterments have been debited. This account
indicates clearly the disbursements which are not legitimately
FOURTH ANNUAL REPORT-FOR THE FISCAL YEAR a part of the operating expenses, and obviates the necessity of
adopting the questionable method of debiting and crediting
ENDING JUNE 30, 1893.
'* e >,t of road " under cover of a construction account, which
Reports ot the Genera) Manager and Auditor, herewith Ji* too often used ns a cloak to conceal charges which should
submitt* <1, will furnish detailed -statements of the operation ' be included in operating expenses. Open construction ac­
of the Wabash lines during the flaca! year ending June 39. j counts. although 'indispensable during the process of con­
1893, together with the balance sheet, income account and struction of new lines, are always objectionable after a
statistical tables, which will give full information to the certain period when a road is supposed to be completed, or at
Stockholders and Bondholders upon every poiut which can least when it has arrived at that stage o f completion when its
earning capacity is to bo tested and the net profits of the
l * conveniently embraced in a condensed form.
The earning*and operating expenses of the year have been traffic are to be given as the basis of its value. Conservative
railway management in the United States is understood to
as follow s:
imply the maintenance and repair of lines from the yearly
Gross Rarnlntrs.............................. .............................................014,220,444 21 earnings,
and although it often becomes necessary to provide
O p e M t t D g E ( p e a s e s ..................................................................................... i O .8 6 7 .t M U 41
for deficient or incomplete construction from other sources
S e t E*twine*..................................................................... 03,412,839 83 than earnings, it is generally considered more in accordance
BBseettaaeous Re* - Ipts...........................................................
319,823 94 with sound principles of finance to make definite appropria­
43,732,663 77 tions to meet the required expenditures, either by the issue of
Deduct Truck Rectal# and M Uctllaoeoas
bonds or capital stock, when the new construction is author­
Receipts...................................................
0313.010 33
ized.
Deduct F axes...............................................
457JJ08 22
770,378 55
Whatever difference of opinion there may be in regard to
S et R eceipts....................................................................... 82,902,285 22 this point, it has been the p dicy of the Watiash management
to limit betterment expenditures io the means available for
Appropriated as f o l l o w s ;
Interest 6 0 B oud san d Rent o f Eel R iver R R ,................. *2.714,705 00 such purposes. Adherence to this policy has enabled the
Company to avoid the creation of a floating debt, and to en­
8217,580 22 joy, comparatively,
financial independence. Except in
Less Dividend o s Debenture A M ortgage B o n d s ....___
2 1 0 ,0 0 0 00 vouchers, which are necessarily carried from month to month,
S et Surplus.........................................................................
* 3 7 ,5 8 0 22 the Company owes no floating debt Other than that included in
tile notes given for rolling stock, which are payable monthly,
Tito changes as compared with the operations o f the fiscal extending over a period o f three years, and which are charged
year ending Juno 30, 1892, are as f o llo w s ;
to operating expenses as they mature. Thus far the Company
The Gross Rsrfcteg-* chow s decrease o f .......... .
8108.886 m has Wen able to meet all fixed charges from current receipts
T he O peratirg Expenses show a decrease; o f,.
•21,922 54 and to keep a fair cash balance in hand. Recent experience
The Set KtrnlBk* s t e w a decrease o f.
113,964 35 proves the wisdom o f this policy.
The Mt*ceil»BW>u* Receipt* show an increase v t ............
129,370 46
Railway accounts are too complicated to furnish informa­
The Rental: !«»ianc*:s shows an Ittereuio o t ........ ...............
5.902 69
T;> - i !
4 -if re
of ................................................
7,18093 tion to Stockholders, without analysis and condensation by
The Interest on Hurtgates and Leased Line* show an
expert accountants, and it has, therefore, been the aim of
increase o t , , . , __ ..................................................
40.5*0 (K> the Wabash management to present the salient and material
The Net Earnings appllesbts to tot. show n decrease of.
13.313 65
The Not Surplus tt e * « » decrease .,f..................... ........
53,893 65 points of yearly traffic, and the financial condition of the
Company in such clear and simple terms as to leave no doubt
The increase in Miscellaneous Receipts is mainly due to upon the mind of the reader who seek* to know the facts.
larger dividends from investments, and to the apportionment Statements which show actual cash receipts and disburse­
of undistributed earning* of the American Refrigerator Com­ ments, accompanied by useful statistics of the character,
pany. The increase in the interest charge is mainly due to volume and productiveness of the traffic, and a full exhibit
the accretion of interest on the Detroit Division Mortgage of the financial condition of ttie Company, are the essential
from May 1st to June 30th.
features which should be displayed to the. owners o f the
At the suggestion of M*>*-r*. Price, Waterhouse & C o., the property tinder consideration, and this knowledge, which im­
well-known chartered accountants of London, who examined parts confidence to the investor similar to that which fol­
the books and accounts of the Company at the request of the lows his own receipt and disbursement of money, is believed
English Bondholders and Stockholders for the year ending to be the main object of an annual report. This method of
June 30. 1892, the Auditor has given tables of the operating conveying information has been followed by the manage­
expenses which compare the items of expenditure in the ment. The verification of the accounts in detail by com­
various departments of conducting transportation, m linte- petent experts will, whenever desired, supplement the con­
nanee of way, motive power, etc., with thorn of the previous densed statements of the Auditor.
year, and in order to #uow the disposition of surplus earnings,
Notwithstanding the limited means available for better­
a profit and hiss account has a -en opened, to which t : ;j ments, the managers have carried on the work of improve­

THE W A3 AS H RAILROAD COMPANY.

474

THE CHRONICLE

ment on roadway and bridges through the year, and, with the
exception of some sixty or seventy miles of track upon the
Western Division which require additional ballast and some
rectification of grades, the main lines from Toledo to St. Louis
and Kansas City, and between St. Louis, Chicago and Detroit,
will compare favorably with any lines west of the Great
Lakes, and although further work will be necessary to reach
the highest standard attainable, the road will not suffer in a
comparison with any of its competitors. The Wabash track
and machinery are in better physical condition at the present
time than at any period in its previous history. One or two
years of similar work will enable the Company to operate its
lines at the lowest percentage of expenses commensurate
with the proper maintenance of its roadway and structures.
During the receivership a large portion of the freight equip­
ment became useless, partly on account of insufficient repairs
and renewals and partly from age. These cars have been
largely replaced by new ones of modern size and improved
appliances, and although, numerically, there is but little if
any gain, the changes and replacements have very largely in­
creased the efficiency and utility of the equipment.
The new line extending from Montpelier to Chicago,
forming a part of the short line between Detroit and
Chicago, was opened for traffic during the month of May
last, and although it has had the test of only about three
months, under the disadvantages which are unavoidable in
the operation of a new road, it has developed an earning
capacity thus far much beyond the expectations of the
Managers. The utility of this extension has been satisfac­
torily demonstrated, and it is not over sanguine to anticipate
its rapid growth in popularity as the shortest and one of the
best lines between these two large and important cities.
The recent disturbance in the financial and business affairs
of the country has led railway managers to expect a material
decrease in traffic. A n interruption of the industrial pur­
suits of the people so widespread and severe, however brief
its duration, must necessarily affect the traffic of railways in
the ratio of diminished production and distribution, while in
the possible delay in crop movements and the reduced de­
mand for merchandise, there are indications of a smaller em­
ployment of the agencies of transportation. This unwelcome
phase in railway affairs has compelled the introduction of
economical measures which will partially neutralize the loss
in gross earnings. Thus far the Wabash has but lightly
suffered, the gain in passenger traffic stimulated by the
W orld’s Fair in Chicago having to some extent offset the de­
crease in fre ig h t; but it would be imprudent to count upon
any exemption from troubles which are so general and far
reaching. Fortunately the country has been favored with
abnndant crops and these must necessarily be moved as soon
as the markets call for the usual supplies, and it is a consol­
atory reflection that the business of the country is now, and
has been for some years, generally upon a sound and sub­
stantial basis. W hen, therefore, confidence returns suffi­
ciently to remove the unnatural cogestion of trade, we may
reasonably expect a speedy restoration of the normal con­
ditions which govern transportation.
It is not out of place to add that although rates of railway
traffic remain substantially unchanged, there has been a more
general disposition among competing companies to maintain
established tariffs, and to unite upon measures to prevent the
inroads of aggressive and unscrupulous rate scalpers of the
modern school. This common sense arrangement, which con­
templates the conservation of the very moderate profits of
railway traffic, attainable under existing conditions, instead
of permitting the wastage of suicidal contests, is a cheerful
feature of the year.
Mr. Jay Gould, one of the directors of this company, died
December 2, 1892.
Upon the announcement of this death, the following reso­
lutions were adopted at a meeting of the Board of Directors,
by unanimous vote, and an engrossed copy thereof was for­
warded to the fam ily of the deceased.
Whereas, By the death of Mr. Jay Gould, the Wabash
Railroad Company has lost one of its best friends and most
sagacious advisers ; and,
“ Whereas, It is well known that his intelligence and means
were freely and constantly devoted for years to the protection
of its interests ; therefore,
“ Resolved, That the membersof this Board have heard with
profound regret the announcement of the death of their late
associate and friend, Mr. Jay Gould ;
“ Resolved, That fully appreciating his intelligent and
zealous co-operation in the reorganization and direction of
the affairs of the Wabash Railroad Company, we recognize
the gravity of an event which has deprived us of the benefit
of his valuable counsel and support;
“ Resolved, That we tender to the bereaved family of the
deceased the respectful sympathy of each member of this
Board ;
“ Resolved, That an engrossed copy of these resolutions,
signed by the.directors of this company, be forwarded to the
family of the deceased.”
The faithful and efficient services of the officers and em ­
ployees of the Company, which have contributed so much to
the successful operation of its lines, are cheerfully and grate­
fully acknowledged.
For the Directors,
O. D. A S H L E Y ,
N e w Y ork , Sept. 12,1893.

President.

% \ iz

\V ol.

C o m m e r c ia l

COMMERCIAL

LVII.

g im e s .

EPITOME.
F r i d a y N ig h t , Sept. 1 5 ,1 8 9 3 .

There is a steady increase of the cheerful feeling in com­
mercial circles. Collections are of a more satisfactory char­
acter, and at most of the important localities in the interior
orders for supplies are coming in with greater freedom, al­
though still selections are closely confined to thoroughly staple
goods. Greater ease in financial affairs serves to revive spec­
ulative operations in some of the principal commodities.
Grain and flour were advanced early in the week upon the
influence of unpromising Government crop report, but the
increase in cost had a dual effect, shown in curtailment of
foreign orders and free offering of supplies at primal markets,
under which prices have since receded again. In consequence
of previous liberal shipments the export demand for feed stuffs
is falling away. Cured meats continue too costly for foreign
trade but are attracting increased home demand. Late ad­
vices from various Western localities report improved con­
ditions for wheat seeding, and corn has so nearly ripened as
to be practically secure against damage from frost. Informa­
tion regarding the rice crop is of an unfavorable character.
Lard on the spot has sold with a trifle more freedom at
advancing prices, mainly for export, closing steady at 8J^@
8%c. for prime City, 9'12}£c. for prime Western and 9 70c.
for refined for the Continent. The speculation in lard for fu­
ture delivery at this market has continued dull, but prices
have advanced, owing to unfavorable prospects for the com­
ing corn crop and in response to stronger advices from the
W est, where packers were buying, closing firm.
D A IL Y CLOSING PRICES OP LARD FU TU R ES.

Sat.
September delivery___ e. 8 '7 5
October delivery............o. 8 '5 5

Mon. Tues.
8 '9 5 9 T 0
8 '7 5 8 '9 3

Wed.
9 00
8 -80

Thurs.
9 05
8 '8 5

Fri.
9'SO
9 00

Pork has met with an active demand and the close was firm
at $17@$17 50 for mess, $17@$19 50 for short clear and $18®
§19 for family. Cutmeats have been firm and quiet, closing at
12J^c.@13c. for pickled bellies, 12® 10 lbs.'average, 10c. @ lle .
for pickled hams and 7c. for pickled shoulders. Beef was
quiet and unchanged at $7 50@S8 for extra mess, $10@$12 for
family, $9@$10 for packet and $15®$L7 for extra India mess.
Beef hams are dull and lower at $16 50. Tallow is in modererate demand and firmer at 4% c. Lard stearine is dull and
nominal at UJ^c. Oleo-stearine is scarce and higher at llj^ c .
Cotton seed oil is in better demand and firmer at 32c.@33c. for
prime crude and 38J^c.@39c. for prime yellow. Butter is
quiet but steady at 19c. @ 27c. for creamery. Cheese is moder­
ately active and firm at 7% c.@ 10c. for State factory, full
cream. Eggs are firm at 18c.@18J^c, for Western.
Coffee secured fuller and more general attention at ad­
vancing prices, but since the increase in cost buyers have
become cautious and negotiations are slower. Rio quoted at
18 ^ c. for No. 7; good Cucuta, 20% @ 21c.,and interior Padang,
23)£@24c. Speculation in contracts on new deals has been
moderate, but free covering took place on previous short sales
in consequence of check to shipments by bombardment of
Rio de Janeiro. A sharp advance in price followed and has
served to attract supplies from Europe. The close is firm
with prices still advancing.
The following are the final asking prices:
Sept.................... 1 7 2 5 c . ] Deo......................16'10o. |M eh...................... 1 5 '30c.
O o t . . . . ______
1 7 ‘0 5 g. J a n . . . . . . . . ____ 15*70c. A p r.......................I5 '1 5 c .
N ov..................... 16'60o. I Feb...................... 15'45o. I M ay...................... 1 5 '0 5 o .

Raw sugars have continued in demand at further advance
in cost, closing firm. Centrifugal quoted 3% c. for 96 deg.
test and muscovado at 3% c. for 89 deg. test. Refined sugars
sold freely and deliveries are generally backward. Prices
strong; granulated quoted at 5% c. Other staple groceries
in good demand at hardening values.
For Kentucky tobacco there was only a limited inquiry,
but prices held firm. Sales were 150 hhds., mainly for ex­
port. There was considerable more activity to the demand
for seed leaf and prices were steady. Sales for the week
were 2,050 cases, as follows: 500 cases 1892 crop, New Eng­
land Havana, 18@60c.; 500 cases 1892 crop, New England
seed, 22@24c.; 400 cases 1892 crop, State Havana, 12@ 15c.;
300 cases 1892 crop, Pennsylvania Havana, 13® 35c.; 100
cases 1892 crop, Wisconsin, p. t.; 100 cases 1891 crop, Dutch,
11® 12c., and 150 cases sundries, 6 ® 32c.; also 400 bales H a­
vana, 60c.@ Sl 10, and 250 bales Sumatra, $2 80@$4.
There has been very little attention given to the market for
Straits tin, but prices have steadily advanced in response to
stronger foreign advices, and the close was firm at 20'35c.
Sales for the week were less than 50 tons. Ingot copper is
selling with quite a degree of freedom and prices have ad­
vanced, closing steady at 9'80c. for Lake. Lead is without
decided change and quiet, closing steady at 3'87J^c. for
domestic. Pig iron was quiet at $12 75@$15 50.
Refined petroleum firm but quiet at 5'15c. in bbls., 2'65c. in
bulk and 5'90c. in cases ; crude in bbls. is fairly active and
higher, Washington closing at 5'40c. in bbls. and 2'90c. in
bulk ; naphtha 5J^c. Crude certificates have been dull but
steady, closing at 64c. bid. Spirits turpentine has been in
better supply and prices have declined to 28@28J£c. Rosins
are scarce and higher at $1 05@$1 12^£ for common and good
strained. W ool is held with more confidence. Hops are firm
but quiet.

THE CHROXICLE.

C

O

T

T

O

N

.

F r id a y N ig h t , Septem ber 15, 1893.
T h e M ovem en t o f t h e C r o p , as in dicated bv ciur telegram s
fr o m th e Sou th to-n ight, is giv e n below . F or the w eek en din g
this ev e n in g the total receipts have reach ed 33,703 bales,
against ‘i d, 117 bales last w eek and 17,631 bales th e previous
w eek ; m ak in g the tota l receipts since th e 1st o f S ep t., 1893.
84,871 bales, against U4.034 bales fo r the sam e period o f 1891.
sh o w in g a decrease sin ce Sept, 1, 1893, o f 59,163 bales.
Receipt* at—

Sat.

Galveston........
Velasco, * e ___
New Orleans...
Mobile..............
Florida........ .
Savannah........
BrunsWfc.Ae.
Charleston.......
Ft. Royal, Ac.
Wilmington___
Wash'ton, Ac.
Norfolk.............
West Poin t...
N’ port N..&C.
New York .........
B oston ...............
Baltimore .........
Fhlladelph’aAe
Tot *3* till* week

iton.

1,386

2,122

Tut*.

Thun, |

Wed.

3,746

1,255
......

2,318

......j
1,739 1,562
1,221
593
........ | . . . . . .
2,039 4,026

......

......

517
201
......

274

956

2,164
____J
1,436
197

3,354 11,227
1361
136
1,760 7,978
696; 3,100
_rmnm
...... I .. ... .
3,233 4,014 19,716
328
328
7S0
508
3,263
........ 1 . . . . . .
191
175
982
3
3
.......... ;
528
356
2,131
4
10
... J
123
123
50

894
180
2,2.86

......

628

117
......

16

107

330

163
________

......

34
12

473
........

459
......

..AM...
......

......

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

231
......
......

50
152

50

j Tolai.

.........

183

43

5 491

9,580 10.976

216
955;

151
5,898

216
1,232

9.412 13.416 53.703

T he fo llo w in g sh ow s the w eek ’s total receipts, th e total since
Septt. I, 1893, a n d th e sto ck t o n ig h t , com p a red w ith last ye a r.
Receipt* to
Sept. 15.

1893,

1892.

Thi* Since Rep.
Week. 1,1893,

Galveston. . . 14,227
¥«!.mm * £c%.
136
New Orleans 7,979.
M o b il* ....,..
3,100
Florida— „
Savannah... 19,716
Briwick.Ac
328
Charleston,.
3,203
F.Royal.&o
Wilmington..
082i
W&sb'n, Ac
3
Norfolk ,
2,131
West Point
16.
S p t .V .A c
123;
New Y ork...
50Boston........
202
Baltimore...
216,
Fh!Sadel.,*c.
1,232

Stock

TAG

Since Sep.

Week.

1,1892.

22,205 26,950
3-94
187>
14,651
8,514
4,497
3.310

1592.

1893

47,080
261
19,88 4
4,354

35,191

55.214

37,982
6,503

58.398
9.144

43,526
2,937
16,438
2
3,671
5
3,584
300
240

29,274

******

*******

31,188 30.280
328
1,496
3,818 10,033 1
2
1,0901 3,055
3
5I
3,637
2,821
24
231
334
127
250
******
375
340
591
41
1.756
381

15,586

....

2.549
......
5,763

511
549
660

36.616
724
25.861

___

5513

......

7,4 45
208

130,570
6.500
3.09«
8,025

265,636
5,550
11,309
5,484

Totals....... 33.703

84,87 li 87.793 1 44,014! 281.019 487.772
In ord er that com parison m ay be m ad e w ith oth er years, w o
g iv e oeiovv the total* at lea din g port* for m x seasons*
Receipt* at—

1893.

1892.

1801.

1890.

Oalrm'a.Ste.
.New OrleanMobil*........
Savannah...
Chariton,**.
Wtlre’ton.Ae
Norfolk.......
W. Point,Ac.
AJlothern...

14.363
74*79
3,100
19.710
3,263
835
2,131
139
2,029

27,137
8,514
3,340
30.280;
10,035
3,060
2,821
358
2.048*

36.529
44.244
0,232
39,423
13,021
3,771
4,573
4,017
3,245

41.297
29,5 48 '
8,510
37.481
19,026
12.076
14,243
9,120
2,408

Tot. thla wk.

53,703
...

$7,703' 159,055
J
1 44.03 4 200,238

171,708
$

84.97!

1

Sine* Sept. 1

; 1880.

25,500
20.154
5.129
24,998
6 .9 '0
2,095
2,383
60S
1,279

Onat

QmkTmUm.,.,,,

Oonti.
n m t,

Total
W*tk.

I « f QMMn m ..

ijtn

35*7

HoWJ© h P m ,

#15

5,513

7,147
13,835
9.000
150
None.
2,600
8,500
5.000

1.178
6,005
None.
None.
None.
None.
300
None.

1,107
104
7.000
None.
None.
None.
3.000
2.000

483
333
2,000
150
None.
2,100
None.
None.

19,872

7,483

13,811

5,066

46,232

234,787

35,774
50,615

7.819
4,252

15,326
12,090

8,952
19,257

67,871
86,214

419,901
301,539

S p eculation in co tto n f o r fu tu re d elivery at this m arket Jms
again been u pon a liberal scale. F lu ctuations in value w ere
constant and w id e, w ith the general ten den cy u pw ards in con ­
sequence o f a n u n p rom isin g sh ow in g rega rd in g supplies,
D om estic spinners have rem ain ed in an in differen t attitu de,
and at the a d v a n ce in cost a previou s vt ry fa ir ex p ort dem and
com m en ced to -b rin k , but u n exp ected ligh t offerin gs an d h igh
prices asked at the S ou th created a feelin g o f apprehension
a m on g sellers o f “ s h o r t ” en gagem ents, and th ey have
covered w ith freed om . O n Saturday m orn in g th e feelin g w as
tem porarily easy, but th e recep tion o f the cro p rep ort fro m the
A gricu ltu ral Bureau, m a k in g an u n ex p ected ly poor sh ow in g,
at o n .v . hanged 11 1 - cu rren t and the close "was at 13 points
net gain. Th** a dva n ce w as con tin u ed on M on day to the e x ­
tent o f 13 (poin ts add ition a l, stim u lated by stron ger cable
advice* and firm reports from prim al m arkets, On Tuesday
Uii- m arket h ad qu ite a sharp break
T h e foreign advices
cam e to hand in less prom isin g fo r m than anticipated, the in­
terior to w n - a nd port m ovem en t o f supplies was con stru ed as
indicating the commencement o f free shipments fro m planta­
tion-. and from som e localities in the Sou th offerin gs w ere
m ade at low er rate*. A declin e o f 15 points here was the
result. W wines la y fo u n d offerin gs from th e South greatly
redo -1 and valuations m u ch h igh er, togeth er w ith im p roved
tone at L iv erp ool, and after a m om en ta ry w eakness at the
opening a recovery to o k place, lea vin g a net g a m o f 8 points
for th e session. Y esterd a y the sam e general con d ition s pre­
va ils 1 a nd carried an a d v a n ce o f 20 poin ts, b ut liberal co v e r­
ing elim inated the short in terest so q u ic k ly that a b ou t h alf
the im p rovem en t was lost before the close. T o-d a y m uch
irregularity prevailed but the a larm ov er scant offerin gs co n ­
tinued and about t j c . average a d va n ce w as m ade. C otton on
the -p ot has sold rath er m ore freely at a d v a n cin g rates, clos­
ing at 8 * jc . fo r m id d lin g uplands.
T he tot tl sales fo r fo rw a rd d elivery for th e w eek are 1,088,600
hah*-. For im m ediate delivery the total sales fo o t tip this w eek
5,381 hales, in clu d in g 1.000 fo r exp ort, 4,861 fo r con su m p tion ,
------fo r speculation a n d ------ on con tra ct. The fo llo w in g ara
tin- officia l quotations fo r each d a y o f th e past w eek—
Septem ber 3 to S ep tem ber 13.
UPLANDS.

S a t.

O rdinary............................ ...... . .
8tr1el O rd toa rj............... . . . . . . .
Good Ordinary ..........................
Strict Good Ordinary ................
tow Mid-lime..............................
Strict t o w M iddling..................
Kidd l i n e .....................................
Good M id d lin g .......... ................
Strict Good M id d lin g ...............
Middling F air..............................
Pair...............................................

544

55)

P

s

3 to n T n c « W ed

111?* I ? ? *
f 16
K “

9%

f4 ‘
9>s
9>*

r

5\
6*s
7
ft? B
f< 6
8 s*
9
9%

k

5%
6M
7i*
7 h*
7 lK b

I ! 18
8*4
fie
an
«*»
9ta

5
6-%
7*4

0*8
65.

6*,

7H

7M

ft? .

&

S f
9*4
9*8

STAINED,

Hut,

iflo n T n e * W o d

Good O rdin ary................. .........
Strict G ood O rdin ary ................

5M
» t8
0*4

5*8
6
6’e

.3,8*7

Tin-

SU

32 s

l»Si5

9,110

30,815
21,356
20,274
15,436
6,503
3,163
122,070
15,170

Total 1 3 9 3 ...

-H on T o e * W e d

tkm u*
n m t.

L ea v in g
S to c k .

Total 1 3 9 2 ...
Total 1 8 9 1 ...

N at.

Braaawidk......

84°

»

6

0%
661

7*8

t\ h *

s i 18
s48
| U 19

&

sn u

9*8
9%

SS"
9*4 ■ B%
B»s
9H

T it,

F rt.

6
6%
7M

6
6%
7M
7*is

if Sf e"

8*16
■9*8
S » 18 8 0 ,6
8 7S
914
f4
9%
9°*
Th.

F r l,
0>4
GSg
7 *\ e
§7lfl
i ^ 16

Th.

5>s
6 >8
7
M id d lin g ....?..............................
m s
7 U >» m s . 71*16
MARKET AND SALES.
5M
57«

Z\H *

5%
6
0 78

F rI.
5*o
6*8
7
716ie

..... ...
BALES O F SCOT A N D CONTRACT.

......

WmtfM.i*

i
. .... ...

.....

P m m ,...

'fa ta l......,.

Total.

GULF.

Qhmlmtem....

H 'p l Hew*. Jk
H«tr T o t*,.,,
Emion,.

wit«.

Ordinary......................................
Strict O rdinary.......................
Good O r d in a r y ..........................
Strict Good O rd in ary ................
to w M idd lin g.............................
Strict t o w M iddling..................
M iddling......................................
Good M id d lin g ..........................
Strict G ood M idd lin g ...............
Middling Fair.............................
Pair..............................................

m m m rnk. . . . .

w«*t

4 .3 7 9
7 ,3 9 3

None.
None.
None.
500
4,090
3,000

OoaSt-

89,677

........

m

N ew O rleau s...
Galveston.........
Savannah.........
Charleston.......
M ob ile..............
N orfolk ............
New Y ork........
Other p o r t ___

P rn nre
O th er
P ra n ce. F o re ig n

174 532

fin a l
OriPMn. Franc*

'* -

G r ea t
B r ita in .

136,34.6

Export**

BMP*. P a w

O n S h ip b o a r d , n o t c l e a r e d —f o r
S ept. 15 a t—

280,966

.T *'?
for i 1’ ’
c o d in g this ev en in g reach a total
o f -«.1 6 .j bales, o f w hich 10,796 w ere to G reat B ritain. 4,785
to tr a n ce and 6.381 to the rest o f the Continent. B elow are
the exports for the week and since September 1, 1893.
Si
k Ending
$4pt, 15.
fr o m Sept. 1. ISOS, to Xtpt. IS. 1* 3
ff*Wftr~>

In addition to a b ove exp orts, ou r telegram s to-n igh t also
g iv e us the fo llo w in g am ou nts o f co tto n on shipboard, n ot
cleared, at th e ports nam ed.
W e a d d sim ilar figures fo r
N ew Y ork , w h ich are prepared fo r o u r special u se b y Messrs,
Lam bert & B arrow s, 24 B eaver Street.

1888

29,741
28,493
6.183
37,461
15.018
4,568
4.914
7,006
2.461

475

o«oc0oo'aeacgo*4*4cbQ

September 16, 1893,J

s, m
ijm
14 m
ms

... -

iO .m

K ite

IftJW

$

ia§

Km

100

tu rn
%$EXi

%m

2,44.

12.105
2,»4

ms
u tu
m jm

.r>.9.«

8FOT MARKET

#
8,128

9m
m i*

9.410
100
1*786

23,«IB
3,05-1
a,90s
1,002

12,912 ’ 41.077

m i . "map#

le m i

CLO ItB.

Rat'flay . qh & D t'y , 'aad v
Montis)' q u iet at b> adv..

Tnosdav Steady at %<Iec.

S xp o rt.

1,000

Wed'dav Steady at la a d ..

C on,
tr a c t,

381

1,000

1,361

Bale* of
Puturee.

„
* °ta l.
381
1 ,3 4 3

3431

895;

695

3 15:
1 ,3 0 0
1 ,2 3 7

IlmrM'v Steady at % a d ..
Friday Steady ...............
Total.

O o n - S p eclu m p , u t’ l’n

315
1 ,3 9 0
1 ,2 3 7

....

122,200

180,500

223,100
158,700

108,300

183,800

V illi 1,060,000

476

THE CHRONICLE.

T h e S a l e s a n d P r ic e s o f F u t u r e s
fo llo w in g c o m p r e h e n siv e ta b le .
_
*2.

>1?

£ »
§3
ODC
©®
*P
•e
* "
oP
®5T

P®
P
5

S ff

a®
®®

I

m
»
G^opg* OHJ»®
(B® ® OB ootnO2-&
®p

show n

by

IS

I3S|

CD

00

MOtO w
o torcK

cr: 5002

® t-«<
P cooaP
©
►
<3

1s:

°e>? 1
i i*

JfSSs

'Esfi
© wB
*■* ©©*
* d<=>

I$: :

ttCOHH
Kootoo
,g .O P 3
® to®
S coop

fc

&

53*
§2?
I
HISO
£»&•

M?
&S?
s l-~

I e: :
2 il

IS

C
m
> aoo
> CC<1 %
CCCD £
CCCD ^
©CD ©
© o ® © 6 ®.
1- OCM*1
© © ** to to H1^
i « i°:
i o l°:
i o p:
19p :
i s .° :
©
<1
<-*
CD CCCDc CO , ccacD CDCC© OD ©OT’O © CCX © <1
to <- to c to 1 © © © CM*©© MtO® M O O © ©
CO CC-1 to
© © #* to -o CD© co tow ^4
t>
t*
►
►
CDOO ^ 0 0 0 0 %
< ■VT -4 op®
*0W © MM ©
r1 © ©
O'#* M1"* © ® CO**
© #-'-***
l ©p:
I» r :
i b <=:
I op:
I OP
i or:
CO
10
CDOCOQO CD® ©Op
**tO to CO° tO c cw °w
to1to
CO
M
>
►
00
C
ccco ►
OCQp ^
oc
ao
<
. D
. ◄
. - <
C
O
to
®
W #*> ®
ccto ®
CoH ®
-•l^CC^ O d f ‘ >1
toato^
C5ttA*S
i op:
l op:
i op:
I o r:
i op:
I « .® :
CO
I*#ocoocoo OOOOCCD oooooco 00COOGO
I <* c o ?
C
l!)
©
C
il
iCO© to
u. ©CO
• o ® o* H-Ui°cn CC Ow C C0t^w
CC t^Chw tP- CCWw
tC
►
-4
©

1893.
1 8 92.
1 ,079,000 1 ,2 3 4 ,0 0 0
6,000
9 ,0 0 0

1891.
7 4 6 ,0 0 0
19,0 0 0

1 8 90.
5 4 9 ,0 0 0
3 0 ,0 0 0

Total Great Britain stock. 1 ,0 85,000 1,2 4 3 ,0 0 0
Stock at Hamburg.......................
9,000
5 ,500
Stock at Bremen..........................
83,000
7 3 ,0 0 0
Stock at A m sterd am .................
14,000
2 1 ,0 0 0
Stook at Rotterdam....................
200
200
Stock at Antw erp........................
9 ,000
8 ,0 0 0
Stock at Havre.............................
329,000
361 ,0 0 0
Stock at M arseilles....................
6 ,000
9 ,0 0 0
Stock at Barcelona.....................
87,0 0 0
7 0 ,0 0 0
Stock at Genoa.............................
10,000
13,0 0 0
Stook at T rie ste ..........................
28.0 0 0
3 7 ,0 0 0

7 6 5 ,0 0 0
2 ,900
54,0 0 0
19,000
300
8 ,000
17 6 ,0 0 0
8 ,0 0 0
66,0 0 0
6 ,000
3 5 ,0 0 0

5 7 9 ,0 0 0
3 ,300
15,0 0 0
4 ,0 0 0
200
4 ,0 0 0
112 ,0 0 0
3 ,0 0 0
28,0 0 0
4 ,0 0 0
3 ,0 0 0

3 7 5 ,2 0 0

1 7 6 ,5 0 0

Total European stock s. . . . 1 ,6 8 6 ,2 0 0 1,8 4 0 ,7 0 0 1 ,1 40,200
India cotton afloat for Europe.
32,0 0 0
31,000
3 0 ,0 0 0
Amer. cott’n afloat for Europe.
3 8 ,0 0 0
50,000
7 3 ,0 0 0
Egypt.Brazil,&c.,aflt for E’r'pe
21,000
12,0 0 0
9 ,0 0 0
Stock in United States ports . .
281,019
TS7,772
3 87,753
Stock in U. S. interior to w n s..
84,871
1 34,957
85,160
7 ,192
United States exports to-day.
2 ,850
8,702

7 5 5 ,5 0 0
4 0 ,0 0 0
148 ,0 0 0
11,0 0 0
221 ,2 1 4
4 0 ,3 9 6
111

th e
Stock at London..........................

2
OOP O hsao
_ _ g .S
©2
OSO ® P. as
®--S
® P.* « O ® 3
M® as qd
cr® ® p *
p «- v
P®
£
N o ?
« 5 s l « j f 5
N o '
:
2 .^
e .g ?
p.£id
p-r-,2
OD : p -r «
>d
H•
89 • .
§
• CO
p : m
p : v
C*5. CO
• CK
J. M
<*
. I
<*:
! ®• |
®■ 1
®: i

00
00
® CJ
K m *- p feH H tt teOMM
r -O<.'X ®
*
~©C »0
^ ^ . (g -a iB3
tp »- Cf
® 00 £2 ® CO®
H
. XCo
p cooi ►
1ODOp
00°
©
>
►
>
<
<
<
o
i <J>
CD
►
*
0
i d: :

Jar frf

are

(VOL. LYI1

CDOO %
»—
•>—• ®

Total Continental stocks.

co

a^i

to

►
aoo
. . < aco ^
-*©
C: O' © cJ)O- ►
Oi OsCD^
io p:
i op:
05
OC© C 00 OCOpcoo
© < lc © o* © ° ©
-si to M © CD CO
L>
CDCD ^ CCCD %
-4 05 ® a © ®
W© ** <JCD **
1e « :
i «»:
o- kfc
CO
©
CDCDCCD CDCDO CD
o -4COC -4 © - 4 ° -4
W © *sl #Lt*
CDCO ^ CD© ^
CD-4 ® <i < i ®
W-J *4 O’ o* ^
a>£
.©
|SP !
i o.® ;
CO
c © CDCCOCD CDcr CCD
© oc ob©ob -4 00C CD
© © CO ©M ©

1 ,6 9 7 ,0 8 2 51,126,579 1.,330,615

East Indian, Brazil, <tc. Liverpool stock.....................
London sto c k ........................

2 4 8 ,0 0 0
6,000
126.200
32,0 0 0
2 1 ,0 0 0

11

>
<

ccco ^
CD© ®
M*© **
i or:
M*
©® © »
cc© °©
Wto tCD® £
Cc
®
COW *4
1ftp '
*®©c ©
© 6C ©
#-1
—
* ©
I' o• ◄
tf*
I«

cc

>-»

tp.

»j o

tf>.

9
<

►
◄
Io

CD® ^ CO| 5
<J 1 ®
*4
H-© *4 M*
13 H*:
Is :
CDCDC:CD ®® C ©
cxaPcc -4-4° -4
a © © to to to
CDCD occo ^
©® ® ©© ®
W-4 *4 C© *4
le«:
i &.w:
©
©
a x e ® a® o®
©©M © ®CD0-4
MW © <- to CO

p 5

1a : :

1 1 £►
1 11 tn
1 • :■ l s : :

1l: | " i i
>
<

11

Mi |
►
<

►

I o;

I o: :

1i

II

I !

I0

I I

I I

>
<

,3 | IK g iK K 0 9 .
83 85 ® J±Lo ffl 2 ,»
“ § -g ® l2 t* n B g s fp 3 V 3 § g & E B & g g "
g tr&B o §!=• ® S B i t g F S S '? Bfi &B
o
_ ..? b d a#
*
22/
p
g c ® - s -s
°
® © ST-<i 8s © s° ” <1
tiero - o '?
" N f ~r* P P © ' - ‘ as 72
h3
/-n* © *-i o “ •
■
:r iS r 5 > B ffig 5
Cg= ® - ss? e - - ® g
s -5 © hr® so.? c
MHi-3?72 : r'B
5 .2
- &©
ran
£K
srsr*
©
? g g t - k s■ B 3 ; . I ® :
® g 5 : mw
. .0 9 . 85 £0 t n o r p i : oi
a a : ►:

H
o

s>-

WICm ;
COto;

C to

05M
05©!
•-* rc to Cl
H atOHHOlHW
C. ^KKW POV'JO'CriOU.CO'HPIO'-

OMM^ODOI
»-t-c;tc^ito

OCtOOOCCC©t-'00»C©CCCOi-JC5CC©CtCtiOiCPh-COU«OlC5

3

So
• C5tc
pH
MCC£>•toCOOl
cnuto*
OlC5
H ^ to cr CC
M<1©i tOH CDMCO COW-CO M 05
C —*© ,
cotv>t*^coc. ©05W^ci<i^-tot©o;©:ox)iytot). too<C5W
CCOtfi.. COfcOWC^»COCW<ltOOD05W<ICDCDCCQCOOM © a tft. W

COK3-:
>- GO
t- ►
-*©-1
MCOiU COCOCOtOMCDip.tOCCCC<J
O H if. tO©UiW*-‘ COCDCC*^tOCJ»CCpiOC i^tO-ltOW- tOOuQDODOO
© '-‘ to. Wf-©WCCCf>COWC i©©C »-atO)<».CDb QD©tOr-CDWC H-

5 5

4

2

5

Mto
©tow J
05#*.
tOM OlfcOCO
^W W H HsJ
W05t0»U©CO©W W* <I^tOOD M<JOi © ^ © © © © * -* w 7-'©QD?C>WCD
-I»-4<IQO©HH^OD©; ©OlWP>©0'-l©COOOtOOttO©©t-‘ a>lt-J-©tO
©WCCOMOD©©-!. ©©©AO©<I©-*|f*-#.<l©0»<lt0C0<I©t-'t0

to© ; CCW>&
-#9to H© ©
Wto© <--7000 0 CO
»-*V> ; Ci^OCC'OvliUOQOiS.CC^HOiOjMCO'IlOO'JtO
©WW* t0© O 00CQCX^5Cnt0t0©©t 0©©M 006Ca0©WM

cotoi-*:
© © qd;
ooo©.

I I
Io

Io

I I

•17 pd.
•16 pd.
•12 pd.
•18 pd.
*17 pd.
•13 p i.
•10 pd.

g B ig o m n w

to exch . 3 ,100 Oct. for Nov.
to exch. 2 0 0 Oct. for No v.
to exch.. 700 Nov. for Deo.
to exch,.. 100 Oct. for Nov.
to exch. 500 Oct. for Nov.
to]exch. 1 .0 0 0 Nov. for D ec.
to exch,. 2 JO Oct. for Jan.

T h e V i s i b l e S u p p l y o f C o t t o n to-night, a 3 made up by cable
and telegraph is as follows. The Contineatal stocks, as well as
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought down
to Thursday evenins. But to make the totals tlie complete
figures for to-night (Sept. 15), we add the item of exports from
the United States, including in it the exports of Friday on lj.

:

©5”
o co

w to
V j c #<■co © co

#*.M
toV V j

w to ^

h- w "— to j >co w

<--vJ w;
C COM © tO O ©Q O ©©#.^a.M W ©W ©<l“‘ WC*:CDtO©
©tOOD- W©WtO#*-©r- WCOCOCO©©#*COCO^If-OCOCC©l^©W©#*•
■
;
•

to
M
• M* •
®H
M
©CO H|f*.|f*.CO©<JtO • CD-J •
#*■© ts*©i—
•ottMtccr; ® < j|
M O©<lt0M-©w<j©©*
m•

, ,
Too

Oct. for Nov.
Sept, for Nov.
Jau. for Feb.
Dec. for Jan.
Oct. for Jan.
Oct. for Jan.
Oct. for Nov.
Jau. for Apr.

A t t h e I n t e r i o r T o w n s the movement— that is the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1892— is set out in detail in the
following statement.

100

600
200
100
100
100
300
100
200

C 3 f The imports into Continental ports the past week have
been 12,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 428,997 bales as compared with the same date
of 1892, an increase of 396,467 bales as compared with the
corresponding date of 1891 and an increase of 914,061 bales
as compared with 1890.

85
136

exch.
excli.
exch.
excli.
excli.
exch.
exch.
exch.

Total visible supply............ 2 ,1 3 0 ,2 8 2 2 ,5 5 9 ,2 7 9 1,7 3 3 ,8 1 5 1,2 1 6 ,2 2 1
4 * * !.
4d.
^tSifid.
5t»,nd.
Price Mid. Upl., Liverpool........
Price Mid. Upl., New Y ork ___
S’ so.
73leo.
8% o. 10>sc.

JPGC
M^
co» -

P

111
%
*53 2s

5 lo

>

The following exchanges have been m ide during the w eek:
*16 pd. to
*25 pd. to
*10 pd. to
•12 pd. to
*41 pd. to
•40 pd. to
*10 pd. to
*28 pd. to

5 2 6 .5 0 0
6 89,721

to to M©
Coh-1® "co-q -q © w
*- O <-*w to © CBto
© M © © ©© <1©

to
CO
to co #*■*-•to -q
MWWM* • M © © 10COMM MW
CO
<1 CO#>■H If*. Mto © -q • to CDCD co^i©©co®wtoww-q<iccto©to
-q©<JWtCif*-co©o©wi--©-3 — h- h- © co
O # * .w w c o © o « - q
©®©tCG-> —tO©W © CDMWMtO©©M©®©<l©-qWCO©CO©

II_____________

MS^
-».C
to cs
Shipm'ls
This
week.

I0

►

le

I I

4 3 3 ,2 0 0
4 32,700
4 0 3 ,2 0 0
1 ,6 9 7 ,0 8 2 1!,1 2 6 ,5 7 9 1L,3 30,615

50

I !

|| 2

3 3 6 ,0 0 0
3 0 ,0 0 0
10 9 ,5 0 0
4 0 ,0 0 0
11,000

es
11

I3
I I

i

co Cf

CCCD ^
ci'i^ ©
oococo^
Io p:
GCCD©CD
W © °W
© © CO

CDCD ^
^ to ®
CO<10*^
I Op:
QCCD© 00
ife>£P cq
#*■© CD
>
CDCD £ ODOO % cc«? %
w
® c w ® w 1^- ®
to© ^ -4 CD *4 to to
i s?:
i &2-:
i a .« :
00
©
OrCDOCO CCXCCD QDCD©«
cJ'W°M
W © ° w © © °©
CO© w CD© CO #*■W CD
K
CCCO 5 OCQO ^ 00 00 <
© acit ®
C5<JM^ twCH^l
1 0,-3;
io p:
i or:
M
to
05
CO00c CO CCCD005
a© c©
C .* 4 °6 <1-4 © •a
to© © <JC0

©CD IJ C
DCD
©CO *4 C© *4
i op=:
Ie“ :
to
CO
CDcrC
CD ©a ©
cd
C°-4
<J-4'-,C5 - 4C
r<J
- 1<1 ©
>
ts»
CCD ^
OC® ^ C
C
CCD ® - 4-4 ®
M© *4 a <i *4
i
i ».w :
co
i—
©a c ® a ® o ®
CDOCC CD - 4C0C-4
©© CO ©© ©

I 1

i i

m

CC
- CO
. <
M»
tco o ^
Iop:
cc oooco
#Lw © >&.
CCCO ©

6 8 9 ,7 2 1

1 9 5 ,0 0 0
1 9 ,0 0 0
150 ,2 0 0
3 0 ,0 0 0
9 ,0 0 0

India afloat for Europe___
Egypt, Brazil, A c., afloat.

2 0 0 ,0 0 0
9 .0 0 0
180,700
3 1 ,0 0 0
1 2 ,0 0 0

This
week.

{>
®
1 ®<
©1
M
*4
I3 :
>-*
© ^ © CD®© ©
©
© c£ © ° ©
ww w
>
©® z
d© ®
to C
C
O
#TjM i o *:4
CD
-J
© o o c®
o' - ©
M
(fM
*
©

tx o

coco ►
■<
^ co ©
a o o o 11
Iop:
to
CDCD© CD
>£ w °j£.
©© w
CDCD >
!J
ww ®
-4 W
io«:
acooco
ww © w
© -o ©
CDCD >
%
c. W ®
© WM*^
1ep :
CD
CDCDCCD
©a °©
CD<i tO

5 97,700

Total visible supply........... 2 ,1 3 0 ,2 8 2 2,5 5 9 ,2 7 3 1 ,7 33.815 1.2 1 6 .2 2 1
Of the above.the totals of American andother descriptions are as follows:
American—
Liverpool stock............... hales
8 3 1 ,0 0 0 ]L,0 3 4 .0 0 0 5 5 1 ,0 0 0 2 1 3 ,0 0 0
4 5 5 .0 0 0
4 1 7 ,0 0 0
2 2 5 ,0 0 0
6 7 ,0 0 0
American afloat for E u rop e...
3 8 .0 0 0
5 0 ,0 0 0
7 3 ,0 0 0
1 4 8 ,0 0 0
281,019
4 87,772
387,753
2 2 1 ,2 1 4
United States interior stocks. .
84,871
134.957
85,1 6 0
40,3 9 6
7 ,192
United States exports to-day.
2 ,850
8 ,702
111

s

.to
^ c
c ©
o

581,200

pa

* Louisville figures “ net” in botn years.
1 This year’s figures estimated.
; Last year’ s figures are for Sherman, Texas.

The above totals show that the interior stocks have increased
during the week 4,913 bales and are to-night 50,086 bale3
less than at the same period last year. The receipts at all the
towns have been 23,592 bales less than the same week last
year and since September 1 they are 56,046 bales less than
for the same time in 1892.

477

THE CHRONICLE.

September 16, 1898.J

Q u o t a t i o n s f o e M id d l in g C o t t o n a t O t h e r M a r k e t s . —

W

eath er

R eports

by

T e l e g r a p h . — Advices to us b y

Below we give closing quotations of middling cotton at South­ telegraph from the South this evening are as a rule less sat­
ern and other principal cotton markets for each day of the week. isfactory. In Texas dry weather continues and reports from
CLOSIN G Q U O T A T IO N S F O lt M ID D L IN G COTTON ON—

W e e k e n d in g
S ept. 15.

T atar.

Galveston.
New Orleans
M o b ile ....
Savannah .. .
Charleston.
Wilmington
N orfolk ......
B o s to n -----Baltimore
Philadelphia
A u g u sta ___

7 7s
71*,8
71*18
7U „

7 'h a
Shs
79. a
7%
7m
7^8
TH

Memphis . . .

Bt. L o u is___
H o u ston ___

Cincinnati ..
Louisville ..

8
7*3ia
7*«
Th
7h

8

8
Th

7*9
7A
8%

7H
7%
8*4
8*8

B

S*s
7% 4 *8

7-a

7A

7-8
8**
7-\

T h u rs.

W ed n es.

7*8
7%

7%

8

8
8*4
7h
7h
7h
7I3 „
7A
7*1 -

T u ts .

M on.

8

Th

7h

8*>
74i

8%
8*S»
7h

7*5 ,s
7%
8
8*s
74,

8

Bhs

8*i*

8bs

7JH s

8

7*8
7*8
7%

7 1»
7*8
7\
7*8
8*4
8*4
8%
7*8
S'*

Th
8h
Sh

SH

8*»
7%
8

7%

8

8

7**18

S
8%
8

8^8
Th

Vi.

t

- ;s
8%

8

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A tla n ta ........ .
Ooltuubaa, G » .
Ooiumbae.Mi**
B o fa aia............

7 s* I Little Rook —
7% ! M ontgom ery. .

7%
7%

7^

7*)

N ash ville..........

N e w b e r r y ......

71*

R aleigh............. 7 V » S

S e lm a .............
S h re v e p o rt

7 *a
7%

7% ! N a to h e i............ 7iii«
f r o m t h e P l a n t a t io n s . — The

R e c e ip t s
following table
indicates the actual movement each week from the plant itiona.
The figures do not include overland receipts nor Southsrn
consumption; they are simply a statemmt of the weekly
movement from the plantations of that part of the crop which
finally reaches the market through the outp uts.

1891.

...

*

n . ..

**
**

is.

t mn. | v m .

7M i
iv .m t

i . .. .
a ....,

9,243

&t?m l

vm .

1»»1.

is m s

31,128 n & m 12.4-4
S3,It 3 l7.*Si
m

wax*

m

57.23?; M 7.953 SMW?
u m i

3 | s .8 s -

A o * . 11

UftHp* t at the P&rts. at’k. at Interior Towns. Hee’pls from P ltn V m .

79.17S

m jm
Im j m

n .m \
n jm
H jn i

M M S\ M M T
.. ic & jm 87,7^3 53.703

i mm. ) i s b s .

i H i i i

Week
BnSimj—

tM »
h jm

1.58 if
..« J

SM I

.10,079
* M * * ' 15.3U
8 fj m
SM 44
H M A 58.' 4*3

The above statement shows: 1 —That the total receipts from
the plantations since Sept, 1 in 1993 are 93,570 bales; in
1892 were 150,837 bales; in 1891 were 319,487 hales.
2.—That although the receipts at the outporto the past week
were 33,703 bales, the act lal movement from plantations was
only 58,040 hades, the balance going to increase the stock* at
the interior town*. Last year the receipts from the plantations
for the week were 94,041 biles and for 1891 they weie
177,685 bales.
O verland Movem ent

foe th e

W

e e k a n d s in c e s e p t ,

l —

We give below a statement showing the overland movemen
for the week and since September 1, As the leturns reach u
by telejpaph late Friday night it is impossible to enter a
largely into detail as in our regular monthly report, but at
the principal matters of interest are given. This weefch
publication is of course supplementary to the more extend*'
monthly statements. The results for the week ending Sept. 13
and since Sept. 1 in the last two years are as follows:
1893.
S ep te m b er 15.
W eek.

1892.

(Sine*
d e p t.

W eek.

1.

B ine*
S ept. 1

S h ip p e d —

Via S t Louis*,*,..*............ ..........
Via C airo........ .. ...........................
Via Hannibal..................... ..........
Via Evansville.................. ..........
Via Lmilsvtlte...............................
Via Cincinnati..............................
Via “ 'h e r m ate*, A c ....................

4,7 25
389
129
25
178
77
272

5.445
707
12S
25
333
464
807

4,717
5
501
sa
495
127
341

9.281
175
501
58
1.222
321
699

Total g r»»» overland................

5 ,-7 4

7.909

6,244

12.257

Overland to N Y ., Boston, A c ..
Between Interior t o w n * ............
Inland. A o.. from S o n tb .............

1,700
5
027

2,972
12
9 .9

762
4
735

1,726
100
1,573

Total to be d e d u c te d .............

2,332

3,913

1,501

3.405

3.866

4.743

8,852

D e d u e l t/i im n e n te —

Leaving total net overland*..
3.412
* laolu dln g m ovem ent o y rail to Canada.

The foregoing shows that the week's net overland movement
this year has been 3,142 bales, against 1,713 bales for the
week in 1892, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago o f 4,886 bale*.
In S ig h t a n d S p t n n e r e ’
Taking*.

Receipts at ports to Sept. 15
Wet overland to Sept. 1 6 ..............
•outbern oonsnmption to Sept. 1

Total to sight Sept. 15

1893.
W eek.

53,703
3,442
16,000

S in c e
S e p t, 1.

84.971
3,906
31.000

I

1892.
W eek.

S in ce
Sept. 1

87,793
4 7 S3
u .o o o

144.084
8.862
30,001

79.145
4.943

119,837 108,536
8,705
6.251

182,886
6,323

78,088

............ 112.787
129,542
.........

199.209

11023

.........

37 343

It will be seen by the above that there has come into -i 1.1
during the week 78.088 bales, against 113,787 bales for tie
same week of 1892, and that the decrease in amount in sight
to-night as compared with last yeas- is 60,607 bales.

the crop indicate an appreciable shortage compared with last
year. Elsewhere in the cotton belt rain has been quite general
and at a number of points the precipitation has been excessive.
From various causes—boll worms, rust, shedding and blight—
damage is claimed in portions of Tennessee, Alabama, Arkan­
sas, Georgia and Florida, Our correspondent at Selma states
that the farmers’ alliances of several counties in Alabama have
decided to market no cotton until October. Picking is pro­
gressing well on the whole, but the crop is as yet moving very
slow.
Galveston, Texas .— Dry weather has prevailed all the week.
The thermometer has ranged from 71 to 92, averaging 82.
Palestine, Texas.—W e have had no rain the past week.
Average thermometer 80, highest 100, lowest 60.
Eu xtsmlle. Texas . —There has been no rain during the week:
The thermometer has averaged 80. the highest being 98 and
the lowest 62.
Dallas, Texas .— Prospects are gloomy. Texas crops are said
to be very short. Picking is active everywhere and will finish
earlier than ever known. Dry weather has prevailed all the
week. The thermometer has averaged 81, ranging from 58
to 104.
San A n to n io , T exas.— 'The weather has been dry and torrid
all the week and things are parched. The situation is poor.
Thermometer has ranged from 86 to 10-4, averaging 85.
Lulxng, Texas .—One bale to five acres is claimed to be all
that cotton promises
No rain has fallen during the week.
Average thermometer 81, highest 100, lowest 62.
Columbia. Texas . — It has been showery on one day of the
week, the rainfall reaching thirty-five hundredths of an inch.
The thermometer has averaged 82, the highest being 98 and
the lowest 66.
Ouero, Texas.—W e have h al no rain during the week. The
thermometer has averaged 84, ranging from 86 to 102.
Brenhivm, Texas . — Dry weather has prevailed all the week.
The thermometer has ranged from 06 to 102, averaging 84
B elton, T exas.— The crop will not exceed one bale to four
acres. There has been no rain all the week.
Fort Worth, Texas,— Toe weather has been dry all the
week, ami there is great suffering. The thermometer has
averaged 82, the highest being 101 and the lowest 59.
Weatherford, T exa s.— Dry weather has prevail 'd all the
week pad cattle are suffering for water, Grips will be the
small -t ever kn >wn. The thermometer has averaged 82,
ranging from 80 to 10-4.
m te Orleans, Louisiana .— W e have had rain on four days
of the week, the rainfall reaching one inch and seventeen
hundredths The thermometer has averaged 78,
'ihrerejiort. Louisiana .— Picking is progressing finely, but
the cr q) is reported to be short
W e have had no rain during
the week. The thermometer has ranged from 64 to 97, aver­
aging 78,
Lake Charles, Louisiana—Telegram not received.
Colum bus, M ississip p i.— The weather is now clear and hot.
The week’s rainfall has been five inches and twenty-seven
hundredths, on five days. The thermometer has average! 74,
the highest being 96 arid the lowest 62.
Leland, Mississippi. —Th<*r« has be* n rain during the week
to the extent of ttiree inches and eighty-three hundredths.
The thermometer has ranged from 62 to 88, averaging 7P3.
M eridian, M ississippi.— Telegram not received.
Little Rock, Arkansas.—Rain has fallen on four days of the
past week, the precipitation being seventy hundredths of an
inch. This moisture was much needed and came none too
soon, and while not satisfying all wants it did much good.
Worms are reported m doing considerable damage along the
valleys of the Mississippi, Arkansas and Red Rivers, but there
are no complaints from other sections. The past three days
have been excessively warm, the mercury on Tnursdry
reaching the highest point of the season. The thermometer
has averaged 75f the highest being 97 and the lowest 63.
Helena, Arkansas .— It has rained on four days of the week,
on three of which constantly, and cotton has been damaged.
Worms are re ported in a number of sections and doing in­
jury. Very little cotton is coming in: it was opening rapidly
before the rain came. The precipitatio t reached five inches
and twenty-nine hundredths. The thermometer has averaged g
74 and ranged from 64 to 91.
Memphis, Tennessee.—The drought was broken by con­
tinuous general rain on the first four days of the week.
Latterly th© weather has been dry and warmer. It is claimed
that rust, blight and worms are damaging coHon in the valley.
The precipitation has been three inches and six'y-eight hun­
dredths. The thermometer has’ ranged from 68-4 to 93*2,
averagine 73'2.
Nashville, Tennessee.— Rain haa improved crops. The
week’s rainfall has b*en three inches and sixty-eight hun­
dredths. Average thermometer 75, highest 91, lowest 64,
M obile, A labam a,— Account* from the crop arc unfavororable.
Injury from rust, bolt worms and shedding is
claimed. It has rained on five days during the week, with
rainfall to the extent of six inches and eighty-four hundredths.

THE CHRONICLE.

478

lV ol . l v i i .

•2 -*'
£ «

The thermometer has averaged 77, the highest being 89 and
A l e x a n d b i a R e c e i p t s a n d S h i p m e n t s . — Through arrangethe lowest 67.
nents we have made with Messrs. Davies, Benachi & Co., of
M ontgomery, Alabam a .— Cotton is being marketed slowly. Liverpool and Alexandria, we now receive a weekly cable of
W e had rain on five days in the early part of the past week, she movements of cotton at Alexandria, Egypt. The following
the precipitation reaching three inches and forty-two hun­ »re the receipts and shipments for the past week and for the
dredths, but the weather has been clear and hot since. The
jorresponding week of the previous two years.
thermometer has averaged 77, ranging from 68 to 86.
Alexandria, Egypt,
Selma, Alabama —The weather is now fair. It is reported
1893.
1892.
1891
September 13.
that the farmers’ alliances in several counties have decided to
market no cotton until October. There has been rain on five ieoelpts (oan tars*)....
This week___
1,000
19.000
3 2 .0 0 0
days of the week, the precipitation being one inch and seventySince Sept. 1.
1,000
3 1 .0 0 0
4 9 .0 0 0
one hundredths. The thermometer has ranged from 68 to 88,
This
Since
Since
This
Since
averaging 76.
week. Sept. 1.
Sept. 1. week. Sept. 1 .
Madison, Florida .— Rain has fallen on three days of the
week, the precipitation reaching one inch and ten hundredths. Exports (bales) —
2 ,0 0 0
L'o L iverp ool.............
3.000
Discouraging reports of rust continue to come in. Average
6 ,000
2" 000
6 ,0 0 0
3 .000
2.000
thermometer 79, highest 88, lowest 65.
Columbus, Oeorgia . — Recent storms have, it is claimed,
Total .Europe.......... 2 ,000
8 ,0 0 0
6 ,0 0 0
8 ,0 0 0 ' 4 ,0 0 0
8 000
damaged the cotton crop fully twenty per cent. There has
A oantar Is 98 pounds.
been rain on four days of the week, the rainfall reaching
three inches and sixty four hundredths. The thermometer
M a n c h e s t e r M a r k e t . — Our report received by cable to-night
from Manchester states that the market is firm for both yarns
has averaged 75'5, the highest being 87 and the lowest 68.
Savannah, Oeorgia .— There has been rain on six days dur­ and sheetings. The demand for both India and China is
ing the week, the precipitation being six inches and sixty- improving. W e give the prices for to-day below and leave
tw o hundredths. The thermometer has averaged 78, ranging those for previous weeks of this and last year for comparison:
from 69 to 88.
1893.
1 8 92.
Augusta, Oeorgia . — Crop reports throughout this section
Oott’n
are bad. Condition is steadily depreciating and worms and
Oolt’n
3 2 f Cop.
8 k lbs.
32 s Oop.
8 it lbs.
Mid.
Mid.
shedding prevail to a great extent. It is believed that the
Twist.
Shirtings.
Twist.
Shirtings.
TJplds
Upld■
yield will be twenty-five per cent less than last year. Pick­
s. d.
d.
d.
d. s. d.
ing is active. Rain has fallen on four days of the week, the
d.
d.
s. d.
s.
d
6 i18 ® 7
4 11 ® 6
rainfall reaching one inch and twenty-four hundredths. The A.g.11 6 U ie ® 7 i2 5 7 4 i® 7 5
3 1Bia
“ 18 65s ®73s 5 7 ! q ® 7 5
6
® 6 7g 4 1 0 ® 6
4k
3151S
thermometer has ranged from 69 to 87, averaging 78.
“ 25 6 1116®738 5 7 4 )® 7 4 hi 4 k
5% ® 6% 4 9 ® 6
3 l»is
Stateburg, South Carolina .— It has been cloudy all the week Sep. 1 63*
7 3q 5 74s®7 44) 4 %
5% ® 6% 4 8 ® 6
31*18
“
8 6 78 ® 7 k 5 8 ® 7 5
5 l i ie ® 6 78 4 84s® 6
4k
4
with rain on five days, the rainfall reaching two inches and
4^8 5 7s ® 7
“ 15 71,6 ®7®8 5 9 ® 7 6
4 9 ®6
4
twenty-five hundredths. Bad for cotton.
The thermometer
has averaged 75, the highest being 81 and the lowest 67.
E u r o p e a n C o t t o n C o n s u m p t i o n t o S e p t e m b e r . 1 .— B y
W ilson, North, Carolina .— Telegram not received.
Charleston, South C arolina .— W e have had rain on each cable to-day we have Mr. Ellison’s cotton figures brought
day of the week, to the extent of five inches and twenty-two down to September 1. W e give also revised totals for last
hundredths. Average thermometer 77, highest 85 and low­ year, that comparison may be made. The spinners’ takings
est 70.
The following statement we have -Iso received by telegraph, in actual bales and pounds have been as follows:
showing the height of the rivers at the points named at
October 1 to Sept. 1.
Great Britain. Continent.
Total.
8 o’clock September 14, 1893, and September 15, 1893.

.Above
. Above
.Above
.A b ove
. Above

low-water
low-water
low-water
low-water
low-water

Feet.
3-0
66
2 0
0 9
1-9

mark.
mark.
mark.
mark.
mark.

Feet.
4-5
5 9
1*5
1-7
71

I n d i a C o t t o n M o v e m e n t f r o m a l l P o b t s . — T he receipts
and s moments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Sept. 14.
BOM BAY RECEIPTS AND SHIPMENTS FO R FO UR YE A RS.

Shipments this week.

Shipments since Sept. 1.

Great
Tear Great Conti­
BriVn. nent. Total. Britain
1893
1 892
1 891
1 890

1,000

4 .000
3 .000

1 ,000
1 ,000

.........

5 .000
3.000
1.000
1 ,000

1,000
1 .666
2 ,000

Conti­
nent.

Total.

11.000
3 .000
4 .000
4 .0 0 0

12,0 0 0
3 .0 0 0
5 .000
6.000

Receipt*
This
Week.

Sine»
Sept. \

6 ,0 0 0
2,000
9 .000
4 .0 0 0

9 .0 ) 0
4,000
1 9.000
11.000

Aocording to the foregoing Bombay appears do show
an increase compared with last year in the week’s receipts o
4,000 bales and an increase in shipments of 3,000 bales, an
the shipments since Sept. 1 show an increase of 9,000 bale=.
The movement at Calcutta, Madras, and other India ports foi
the last reported week and since the 1st of September, for tw<
years, has been as follows. “ Other ports” cover Ceylon
Tuticorin. Kurrachee and Coconada.
Shipments for the week..
Great
Britain.

Oontinent.

Calautta —
1 8 9 3 .........
1892
.....................
M adras—
1893
.....................
1 8 9 2 ..........
1,000
A ll others—
1 8 1 3 ..
.
1,000
1 8 9 2 ..
. 1,000 |
Total a l l 1 3 9 3 ........
1 3 9 2 ........

1,000

2,000

Total.

Shipments since Sept, t
Britain.

1,000

1,000
1,000
1,000

2,000

Continent,

Taia.

2,000
2 ,0 0 0

1,000

1,000
3 ,0 0 0

2,000
3 ,000

3 .0 0 0

3.000
5 .000

2,000
4 ,000

5 .000
9 .0 0 0

2 000
3 .000

6.000

The above totals for the week show that the movement from
the ports other than Bombay is. 1,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1893, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE' FROM A LL IN D IA

Shipments
to all Europe
fro m —

1893.
This
week.

|

Since
Sept. 1.

1892.
This
week.

1891

Since
Sept. 1.

This
week.

Sine*
Sept, i

Bom bay............
All other ports.

5 .0 0 0
1.000

12,000j
5 ,0 0 0 j

3 ,0 0 0
2 ,000

3 .0 0 0
9 .0 0 0

1 ,000
7 ,0 0 0

5 ,000
19.000

T o t a l ..___

6 ,0 0 0

17,0001

5.000

12,0 0 0

8 ,000

24.0 0 0

F o r 1 8 9 2 -9 3 .
Takings by spinners. . .bales
Average weight of bales.lbs

00
00
1 00
j COr-T

| 00
00
1 00
j
j

Sept. 14, '93. Sept. 15, ’ 92.

2,5 9 0 ,0 0 0
3 ,7 0 9 ,0 0 0
6 ,2 9 9 ,0 0 0
491
463
474-5
1 ,2 71,690,000 1 ,7 17,267,000 2 ,9 8 3 ,9 5 7 ,0 0 0

F o r 1 8 9 1 -9 2 .
Takings by spinners.. .hales
2,9 3 4 ,0 0 0
3 ,7 6 1 ,0 0 0
6 ,6 9 5 ,0 0 0
Average weight of bales.lbs.
490
462
474-2
Takings in pounds................... 1 ,4 37,975,000 1 ,7 37,582.000 3 ,1 7 5 .4 5 7 ,0 0 0

According to the above, the average weight of the deliveries
in Great Britain is 491 pounds per bale this season, against
490 pounds during the same time last season. The Continental
deliveries average 463 pounds against 463 pounds last year,
and for the whole of Europe the deliveries average 474-5
pounds per bale against 474-3 pounds last season. Our dispatch
also gives the full movement for this year and last year in
bales of 400 pounds.
Oct. 1 to Sept 1.
tales o f 4 0 0 lbs. each.
000$ omitted.

1892-93.
Great
Britain

Conti­
nent.

Spinners' stock Oct. 1.
Takings to Sept. 1 ___

91,
3 ,1 8 0 ,

Supply.............................
lonsnmpt’n 48 weeks.
Spinners' stock Sept. 1

1891-92.
Total.

Great
Britain

Conti­
nent.

Total.

275,
4 ,2 9 3 ,

366,
7,473,

148.
3,59 4 .

326
4,344,

474,
7,938,

3 ,2 7 1 ,
3,224,

4 ,5 6 8 ,
4,224.

7,839,
7,418

3,74 2 .
3,69 3 ,

4 ,670
4,224.

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

47,

344.

391.

49

446

495,

168, J
140,0
140,0
140,0
140,0
146,0
163,0
1 6 5,0
170,0
170.0
170,0

82.0
82,0
82,0
82,0
82,0
84,0
74,0
7 6 ,0
75,0
75,0
67.0

88.0
88,0
88,0
88,0
89,0
88,0
88,0
88.0
88,0
89,0
88 0

170,0
170,0
170,0
170,0
1 7 0 ,0
1 7 2 ,0
1 6 2,0
164,0
163,0
163,0
155,0

Weekly Consumption,
00s omitted.
in October.................
80,0
In November............
52,0
In D ecem b er...........
5 2,0
In January...............
5 2,0
In February.............
5 2,0
In M arch...................
5 8,0
In April......................
7 5,0
In M ay........................
7 7,0
In J u u e .......................
8 2,0
In J u ly........................
82,0
In A u g a s t ................. *82,0

8 8,0
8 8,0
88,0
8 8,0
8 8,0
8 3 ,0
88,0
88.0
8 8,0
8 8,1
8 8.0

* Deduotlou from mouth’s total on account of holidays.

Our cable states that Mr. Ellison has revised his figures of
consumption for Great Britain during the period of the strike,
by deducting 30,000 bales per week for 31 weeks, instead of
35.000 bales per week.
The foregoing shows that the weekly consumption in
Europe is now 170,000 bales of 400 pounds each, against
155.000 bales of like weights at the corresponding time last year.
The total spinners’ stocks in Great Britain and on the C ontinent
have decreased 101,000 bales during the month, and are now
104.000 bales less than at the sam i date last year.

THE CHRONICLE.

September 10, 1863.1

479

J u t e B u t t s , B a g g i n g . & c .— There has been an increased
v olu m e o f business transacted in b a ggin g d a rin g th e w eek
under re v ie w , con sequ ent u pon a m ore a ctive d em a n d fr o m
the Sou th . T b e m arket closes firm at i.% c , fo r 1 % lb3., 5c.
fo r 2 lbs. and 5 }£ c . f o r standard grades. The ton e o f the
m arket fo r ju te butts is firm , b u t business is rather q u iet at
1 l-1 6c. f o r p a p er grades a nd l ? g § l ? £ c . fo r b a g g in g qualities.

D o m e s t ic E x p o r t s o f C o t t o n M a n u f a c t u r e s .— ’T h rou gh
the cou rtesy o f M r, W . G. F o rd , C h ief o f the B ureau o f
Statistics, w e have receiv ed this w e e k a statem ent sh ow in g th e
exports o f dom estic co tto n m an ufactu res fo r J u ly and f o r
the seven m onths en ded J u ly 31, 1893, w ith like figures fo r the
corresponding periods o f th e previou s y ea r, and g iv e them
b elow ;

A m o p n t i s S ig h t .— A t the request o f a n um ber o f readers
w e g iv e b e lo w a table sh ow in g the a m ou n t o f cotton w hich
ca m e in to sigh t du rin g each m on th o f the co tto n season 1802
S3, and tor purposes o f com pa rison add sim ilar results fo r
th e three p re ce d in g years:

iu a n tU ltsttf M an u factu res o f C ot- Month tn dtns J u ly 31. 7 mas. ending Ju ly 31.
ton (colored a nd uncoloredl
exported to—
1893,
1893.
1801-92,

M on th s,

1892-93.

1891-92.

1890-91.

Septem ber..
October___

522,552
1,465,067
1,487,066
1,290,705
556,371
412,604
296,420
198.645
138.561
85,155
75,250
83,071
120,075

826,932
2.026,205
1,927,830
1,622,4 75
752,027
7 5 9 /'1 2
434.018
266,354
192.629
106,702
69.285
54,692
4 )8

860,274
1,723,759
1,615,981
1,613,219
965,463
620,551
435.331
321,430
189.027
110,719
33.520
113,487
747

654.770
1,623.618
1,633,028
1,568,921
770.523
470.615
196,025
117.879
60,916
41,9*4
27,505
104,722
40,179

6,717,142

9,038,707

8,655.318

7.313.720

November........
D ecem b er..

January ___

February . .
March .........

f c : : : :
J a n e .......... .
J u ly ............
A u g u s t................
Additions',.

1889-90.

• "A d d itio n s” Include nil correction s in port receipts and overland
made at th* close o t the season, as well a* the excess in Boat hero con­
sumption. as shown by the actual result*. T his total Is Increased or
decreased by Interior town stocks, in the season ju st closed there was
Considerable reduction In Interior stock s from the total o f dept. 1,
1*02, which la g e e it part accoun ts for the heavy additions, whereas
to the two precedin'* years f ie increase In stocks was sufficient to
counterbalance other corrections.
T h e A aatQ P ixT ira a l D e p a r t m e n t ' s R e p o r t f o r S e p t e m b e r .

— The Agricultural Department’s report on cotton for Sept. 1
to g iven b e lo w :
The September cotton report o f the Departm ent o f Agriculture shows
a decline from the August condition o f the c ro p o f fully seven points,
being 73 1 this month, as again ,t s<j*4 last m onth. This Is th e lowest
September condition si nee 1**1, which stood at 10, The condition Sep­
tem ber 1 ,1 8 9 2 . was 7«J*9. For the same month la the years 1801 and
1890 it » « 82*7 and 85-3 M w o t l r d y
TJ»* States’ average* ora: vlneinla. 98; North Carolina. 79; South
Carolina, 63: Oeortcta, 77; Florida. 85; Alabama, 78i M ississippi, 7 8 ;
Louisiana, 81; Texas, 63; A rtew tw . 80, and Tennessee, 08.
In addition to unfavorable weather conditions, am ong which the
drought has been prominent, correspondent* o f the Department ascribe
th e falling off In the coudltlou o f the crop to the ravares o f Insect ene­
m ies o f the plant—«urh as the caterpillar and the bol|, arm y and leaf
worm*. Rust, as a cause o f dam age Is also noted The hurricane o f
August 28 caused m uch dam age to the crop In North Carolina, South
Carolina and Georgia and. In lea? degree, In Florida.
Reports from Alabama show aa excess o f moisture to #om> parts o f
the State, In som e places the plant i< taking on a second growth,
whleh is not considered beneficlo!. and In other* there Is •ptouttett
and rotting to the bolts .Seven counties o f the State report too rapid
opening, eighteen that the plant is she ldlug badly and forty-eight re­
p ort rust.
Correspondent*’ reptrts from Mississippi are to tbe effect Hut the
crop U doing finely and the weather 1» favorable f o r the present con­
dition, I n Louisiana excessive rains early In August caused old cotton
to shed badly, while young cotton was not hem-fitted, as th* growth
W*» to the weed instead o f the fruit With the exception o f the conntle a o f Sebastian and S cott the reports from Arkansas show the crop
to be below an average. In Texas the plant I* small everywhere, both
early and late planting.

That t h e render m a y h ave fo r com pa rison the con d ition ,
a cco rd in g to the A gricultural D -p a n m e n t , for S eptem ber I o f
previous years, w e g iv e the fo llo w in g , c illated from Its r e ­
ports :

United K in g d o m ..* ..,..— ..yards
Qermany .............. .......... .
'
Other countries In Europe.. . .
British North America...........
M exico.... ............................. .
Oeatral American States and
British Hondaraa.
Cuba............
.................. ...
Puerto R i c o ................... ........
Santo Domingo................ .
Other W est i n d i e s . .. . .. .. . . ..
Argentine Republic....... .

548.339

480,970

39.158
1,558.242
173,125

55.307
218,578

25,327

Georgia
F lo rid a ____

-

I I

§

77

|
i <—
7!<

82

A la b a m a . ..

M ississippi..
Louisiana.. .
T exas...........
Arkansas ...
Tennessee ..

81

78

85

m

81

82:

80

7 9 , K 6i

««

79 g|

84
84
85
9«>
87
86
03
9 79
17
77 81
78
89 90
87
fit SI 95

89
-SB
84
88
81:
81
86;
771
S3
78;

■ti :

*

1

<6

4
m

ae

2

82; 80
HI H8
81 91
83 90
m
88
82 ■ 8**i
» i 90
76 82
93 83
95, 87

_A verago ,, 73*478*.si82*7:8 5 y 9d-« 88 8 82- V 82

87

1

s

-X)

89
83
90
89
89
67 101
SO 100
SO 89

82

741 m

7*
70
7m
93
70
75

88

m

T a k in g the above figures for S eptem ber a n d a d d in g theta
to those o f the previou s month*, w o h ave the fo llo w in g c o m ­
parison betw een this yea r and last yea r ;
1993.
S tates.

1
:
2 ; u [ i
~s ! ** ; i
1

,! S ;
|

1802,
%>

5*

1

5.
4
j 8

i

1s

||

1

i 1
■|: 8frS f n

North Oarollna . S3 ■ 81 i 94 76
81 'O' 89 01 |8 2 :
Smith Carolina.. ! hm : m ; 75 i H3
77-2 91 04 ; m i
G eorgia .......... 87 86 «:i | 77
S3 3 .47 99 j 84 ;
FUriidg*
* 98 96 ■1-2 H5
02*8 1 8 * 96 1 91
Alabama ......
82 : 90 7 m 78
79*9 ot
00 8 3
Mta?is«tfppf
__ m
HO 91
■8 8 1 2 : 01 ; 95 i *0
Louisiana ............ HI
84 : 89 91
85‘ -«! 82 ■ 81 ! 93 :
■ ....
HA . 72 . » 9 ! 75*3 81 87 i 96
82
A rk* s e e .......... j *9
SO i no m i 9-1 5 78 77 75 :
T e n n e s s e e .,,.... -92 83 ! 83 , 0 6 ! 81*5 00 87 79 ;
A v era g e ........ 84-6 92 7

734

84*3
76
77
86*3
84*5
70
66
80*5
84 0
72
72
82*0
76
82*5
82
83 9
70 ;■ 7«*5
70 | 83*8

80*5'- 35*»: 86*9;82 3 76 8

83*0

ill

1,805.579

529.S00
19.699
786.783

Brit. Posses’ns in Australasia
British India and East Indies
Other ©imntm# in Asia and
Oceanic*....... ..................
Africa................. ..................... .
Other oo an tries..................

4,042.099
287,007
411,751

S
M

750,48J
622.818

United States a t Colombia!..
Other countries in S. America

2,600
393,400

602,603

IMm
10,612,840: w.
9,351,240

m m

Total yard* of above. . . . .
Total r aloes o f ab o ve.. . . . . . .
fa ls e per yard,.
fa to m s o f o t h e r M a n u f a c t u r e s
C o tto n e x p o r ted to —

of

Patted Kingdom
Dtfcer countries In Europe! ! . ! ! ! . ”
British North Am erica........ ...........
Central‘ American 8 t a t m '£ British
Hond liras.

Cub* .,

....

Puerto Rico
ianto Domingo..
Other West Indies.
Argentine RepaaUc
Brasil............ . . . . . . . . . . . . . . . . . . . . . . . .
Onited States of Colombia.. . . . . . . .
Other countries In So. A m erica....
Brtilah poeeetslon* In Australasia
Other countries In Asia and
Oeeanlca
A fr ic a ...... . . . . . . .
dther conn tries,..

Total rain# o f other manafactares of.
4 « w m m i • ▼mf«# o f all cotton goods

*7,903,008

T h e E x p o r t s o f C o t t o n f r o m N ew Y o r k th is w e e k s h o w a

de ream com p a red w ith la st w eek , th e tota l rea ch in g 11,583
lea, a g a in st Vi ,061 bates last w eek .
B e lo w w e g iv e o u r
usual table, s h o w in g th e e x p o r ts o f c o tto n fr o m N ew Y o r k ,
anti th e d ir e ctio n , fo r ea ch o f th e last fo u r w e e k s ; also the
tota l e x p o rts a n d d ir e ctio n s in c e Sept, 1 ,1 8 9 3 , a n d in th e la s t
o lu m n th e tota l fo r the sa m e p eriod o f th e p r e v io u s y e a r ,
■ X P O K T S O F CO TTO N (B A L E S ) F RO M S E W F O R K SIN CE S E P T . 1 , 1 8 9 3

Week E nding—
E x p o r t e d to —

T o ta l
s in ce
S ep t. 1.

Same
p e r io d

Aug.
25

8r.pl. | Sept.

6 .107
760

90*
1.896

6,127
991

1,489

9,590

1,515

2,509

T o t . to O r. B a ir's.

2,801

6,121

5,9*4

12.105

18,131

Havre..........................

..........

2,128

2,128

101

L iv e rp o o l...................
Other British p orts.,

T o ta l F rench . . .
B rem en .......

90
8?
H0
88
si
88
8l|
72
84;
901

463,921
72.088
375
186

500.782

X.

Other French p o rts,.

State*.

i& S t

Hamburg___

Other ports.
T ot . t o No . E urope
'pstn, I t a ly ,* o ...
til o t t e r ................
To t a l s p a t s , A c . .

"i'a's
2 ,385
800
800

SBAWb T o t a l . . . . 10,272

,*

2 12

150
1,937

1 8

|

1,174 572 1,570
85
712 1,790
094 1,450 1.189
2,580 3,312 2.844
980 500 2,700

previous
yea r.

18,055

70

2,128

101

2,142
1,375
2,639

1,538
150
70

o.isoj

1,758

3 ,200

452

2,760,

3,200

577

0 ,364 12,061 11,588

2 3 ,0 4 9

20,507

980

500

125

S h ip p in g N e w s .— T he exp orts o f cotton from t i n U nited
States the past w eek, as per la te s t m a il returns, have reached
15,487 bales. So fa r as th e Southern ports are con cern s ', these
are the sam e exp orts reported b y telegraph and published in
the C h r o n ic l e last F rida y.
W ith rega rd to N ew Y o rk w e
include the m anifests o f all vessels cleared up to Thursday.
Total hales.
*»W Y o r k —T o Liverpool, per steamers St, Homans, 1,939 . . .
Taurlo, 2 .530 ............................................................... .......... ..........

T.i Hull, per steamer Colorado, 1 ,5 1 5 ............ ......... ...........
To Bremen, per steamers America, 1,177— Saale, 100 . .
Spree, 283

To Hfambttrg, per steamer Snnvia, 8 5 ...................................
To Antwi
erp, per steamer Chicago, 03 ...D e R u y te r , 200
•----Friesland, 921
To Genoa, per steamers California, 835 , Plata, 1,025---Werra. 300,
............................................................................
To Naples, per steamer California, 6 1 0 ...................................
N ew O rleans —T o Genoa, per steamer Bason Pdnoe, 900.........
Norfolk —To Liverpool, per steamer William Btorrs, 4 ............
B oston—T o Liverpool, per steamers Angloman, 1 7 1 . ..R om an,
8 I S ....S cyth ia, 218,
..........

4,469

1,515

1,570
85
1.189
2 ,160

000
900
4
1,234

480

THE CHRONICLE.

Total baits.
B altim o re —To Bremen, per steamer Dresden, 1 ,2 5 1 ...................
1,251
To Hamburg, per steamer 8candia, 1 7 0 .......................................
170
340
P h il a d e l p h ia —To Liverpool, per steamer Lord Clive, 3 4 0 ____
Total............................................................................................................. 15,4 8 7

The particulars of these shipments, arranged in our usu 1
form, are as follows:
Liver pool.
New York.
N. Orleans.
N orfolk .. ..
Boston. . . .
Baltimore..
Philadel'a.

Bremen.

Hull.

4 ,4 6 9

1 .5 1 5

Ham - Antburg. werp. Genoa. Naples.
85

1 ,5 7 0

4
1 ,2 3 4

T o ta l. . . .

2 , 1 HO
900

1 ,1 8 9

____
____

..........

4

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

1 .2 3 1
1 ,4 2 1
340

340

...........
1 ,5 1 5

3 ,0 6 0

600

1 5 ,4 8 7

_____
___

1 ,2 5 1

170

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

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

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

255

1 ,1 8 9

2 .8 2 1

Tota .
1 1 .5 8 8

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

........

6 ,0 4 7

600

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down io
the latest dates:

[\ O L . L V 1 I .

W e d ., Sept. 1 3 .

T h u rs .. Sept 1 4 .

F r l.. S e p t. 1 5

Open High Low. OlOB. Open High ILow. OlOB. Open High Low. •’JO,
September..
3ept.-Oct...
ict.-Nov....
Nov.-Dee...
Oec.-Jan__
fan.-Feb__
Feb.-Mch...
Mch.-April.
April-May .
May-June...

d.
4 29
4 29
4 29
4 30
4 32
4 34
4 36
4 88
4 40
442

d.
4 33
4 32
4 32
4 33
4 35
4 37
4 39
4 41
4 44
4 40

d.
4 29
4 29
4 29
4 30
4 32
4 34
4 36
438
110
112

d.
4 33
4 32
4 32
4 33
4 35
4 37
4 39
in
4 44
4 46

d.
4 35
434
4 34
4 36
4 38
4 40
4 42
444
4 46
4 48

d.
d.
4 38 4 35
4 37 4 34
4 37 4 34
4 38 4 36
4 4 0 '4 38
112 I 110
4 44 4 42
4 47 14 44
1 19 116
4 51 4 48

d.
4 38
4 37
4 37
438
4 40
112
4 44
4 47
4 49
4 51

d.
4 39
4 38
4 38
4 30
4 40
4 42
4 45
4 47
4 41
4 52

d.
4 39
4 38
4 38
4 39
4 4i
4 43
4 45
4 48
4 50
4 52

d.
4 39
438
4 38
438
4 40
4 42
4 44
4 47
4 49
4 51

I
4 39
4 38
4 38
4 89
4 41
4 43
4 45
4 47
4 50
4 51

B R E A D S T U F F S .
F r id a y , Sept. 1 5 ,1 8 9 3 .

N e w O rleans — T o Liverpool -S e p t. 12 -Steam er Heraobel, .1,200.
To Havre—Sept. 15 —Steamer Dupuy de Lome, 3,827.
To Rotterdam - Sept. 9 -Steamer Irthington, 100.
B oston —To Liverpool - Sept. 5 —Steamer Lancastrian, 201 ....S e p t. 8 —
Steamer CephaloDia, 6 7 3 ... Sept. 9 Steamer Kansas, 846.
To Y arm outh -Sept. 1 3-S team er Yarmouth, 4 0 ___ Sept. 1 4 Steamer Boston, 60.
B a l t im o r e - T o Liverpool - Sept. 9 —Steamer Carolina, 1,159.
To Havre 8ept. 9 -S team er Khio, 958.
P h il a d e l p h ia - T o L iverpool-Sept. 1 2 -Steam er Indiana, 662.

There was considerable activity to the trading in the market
for wheat flour early in the week. Both the h >me trade and
exporters operated with quite a degree of freedom, and prices
were advanced about 10c. per barrel in sympathy with the rise
in wheat. Later, however, in consequence of a reaction in
the grain, buyers reduced their bids, but the mills refused to
make concessions and as a result trade became quiet. City
Cotton freights the past week have been as follows:
mills have met with an active demand at full prices for the
Fri.
| Baiur.
Mon.
Tuet.
Wednes. Thurs.
West India trade. Rye flour has been firm but quiet. Cornmeal has advanced about 5 to 10c. per bbl., owing to the rise
Liverpool, steam.d
is
%
%
%
%
%
Do
later.. d,\
....
....
....
....
.... in corn, but trade has been quiet. To-day the market for
H avre, reg line.rf. 3i6 ® 1364l3ia'®1364 3i6 ® 1364 3ie® 13«»4 3i 6 ® 1364 3i8 ® 13e4 wheat flour was quiet but steady.
Do outside str.d..............
....
....
....
....
....
During the first half of the week the speculation in wheat
Bremen, ste am ..d. l i 64® 3ie
7181
716l
7164
“ bi
1164
futures was quite spirited and prices advanced rapidly, owing
Do
la te r .. .d. j ___
3ia
316
s16
318
316
Hamburg, steam ®.; b32
to the report of the Government Agricultural Bureau, which
632
532
B32
6SS
Do
later .d. 532@ n 64
318
S16
S16
S16
S16
makes the yield of this year’s wheat crop the lowest since
Am s’dam, 8team.e.
30*
30*
30^
30*
30*
30*
1885. Advices from the South vest reporting delay in seeding,
Do
later..c. 3 5 * 4 0 * 3 5 ® 4 0 * 35 540* 3 5 ® 4 0 * 3 5 ® 40* 3 5 ® 40*
Beval, steam ___ d.
732
1364®732 due to hot, dry weather, also had a strengthening effect upon
1S6»® 7.»2 13d<®7o2
Do
la te r____d. i764-a 932 l7e4’,9 32 l764"®932 1t61®932 1784®9S2 1764®932 values, but Wednesday under realizing sales, prompted by
B ’lona, direct...d.| 3,„-®7M
31S
3ie
318
S18
316
reports that rains had fallen West and easier foreign advices,
Genoa, ste a m ...d .
316
S16
316
S16
316
316
the market weakened and yesterday continued selling by
Trieste, v.Lond’ nd.
732
73!
732
732
7S2
7S2
“ longs” caused further depression.
In the spot market there
A ntw erp,steam .d. 764® %
76,®>S 784®!* 76i®ia 7*s® %
7«4'®%
has been a moderate trade for local account, but the export
* Cents per 100 lbs.
L iverpool.—By cable from Liveroool we have the following demand has been quiet. The sales yesterday included No. 2
red winter wheat at J^o. under October f. o b afl >at and No.
statement of the week’s sales, stocks, &c., at that port:
2 Toledo red at October prices delivered. To-day the market
was dull, but prices were fractionally higher in response to
Aug. 25.
Sept. I
Sept. 8
Sipt. 15
stronger advices from the W est and on buying by a few
Sales of the week......... bales.
54.0 0 0
4 5 ,0 0 0
5 4 ,0 0 0
67,^00
“ shorts” to cover contracts. The spot market was fairly act­
Of which exporters too a ..
4 .0 0 0
2 ,0 .0
2,000,
4.000
ive for local account and steady.
The sales included No. 2
Of which speculators took ..
1.000
1
2 ,0 0 0 !
5,000
Sales A m e ric a n ...........................
4 9 .0 0 0
4 0 ,0 0 0
42,000!
46,000 red winter at 73c. in elevator and 4c. under December in
store; No. 2 hard winter at 5c. under December delivered;
Actual export...............................
5 .000
3, >00!
1 1 ,0 0 0
8,000
Forwarded..................... ................
4 7 .0 0 0
4 1 ,0 0 0
53,0001
54,000
No. 1 Northern at 4c. under December delivered, and No. 1
Total stock—E stim a te d ........... 1,1 8 3 ,0 0 0 1,1 6 2 ,0 0 0 1 ,1 1 8 ,0 0 0 1 ,0 7 9 ,0 0 0
Of which American—Estim ’d, 928,000
9 0 5 ,0 0 0 : 8 6 5 ,0 0 0 831,000 hard at lj^ c . over December delivered.
Total import of the week___
Of which American ...........
Amount afl a t...........................
Of which American.............

28.0 0 0
16.0 0 0
30,000.
20,000!

21,0 0 0 :
1 5 ,0 0 0
30 ,0 0 0 !
2 0 ,Pool

19,0 0 0
12,0001
3 5 ,0 0 0
2 5 ,0 0 0

24,000
17,000
30,0 0 0
20,000

The tone of the Liverpool market for spots and futures eac b
day of the week ending Sept. 15, and the daily closing price f
of spot cotton, have been as follows:
Spot.

Saturday Monday.

Market, ?
1 :4 5 p . m .J

Firm.

Fair
business
doing.

Tuesday. Wednes. Thursd’y.
Moderate
demand.

Fair
business
doing.

Easier.

F r id a y

Freely
offered.

M id.Upl’ds.

4*2

4-16

4%

4‘h e

48s

4=8

Spec. & exp.

8,000
500

8,000
1,010

10,0 0 0
2 ,000

12.0 0 0
1,010

13,0 0 0
1,000

14,000
1,500

Futures.
Market, ?
1 :4 5 p. m . J

Steady.

Market, ? Quiet and
4 P. M. 5 ■teady.

Steady at Steady at Steady at
4-04 ad­
2-64 ad­
2-64 de­
vance.
vance.
cline.
Strong.

Barely
steady.

Quiet at Steady at
2-04 ad­ 1-64 @2 -64
vance.
decline.
Barely
steady.

Firm.

Barely
steady.

The opening, highest, lowest and closing prices of futuies
at Liverpool for each day are given below. Prices are on
the basis of Uplands, Low Middling clause, unless otherwise
stated:
G T the prices are given in pence and 6 4 ths.
4 6 1-611. and 5 01 means 5 1 6 4 1
S a t., Sept. 9 .

T/ius . 4 63 means

M on ., Sept. 1 1 .

T o n . . Sept. 1 * .

Op«n High Low. OlOB. Open High Low. Olos. Open High Low. (Jut.
Sept ember.
Bept.-Oct...
Oct.-Nov....
Nov.-Dee.
Dec.-Jan—
Jan.-Feb—
Feb.-Mch...
Mch.-April.
April-May .
May-June...

4.
4 27
4 26
4 26
*27
4 29
4 31
4 33
4 35
4 37
4 39

d.
4 27
4 27
127
4 28
129
4 31
4 33
4 35
4 37
1 39

d.
4 27
4 26
4 26
4 27
4 29
4 31
4 33
4 35
4 37
4 39

d.
4 27
4 27
4 27
4 28
4 29
131
4 33
435
4 37
4 39

d.
4 32
4 32
4 32
4 33
4 35
4 36
4 38
441
4 43
4 45

d.
4*34
4 34
431
4 35
4 36
4 38
4 40
4 42
4 45
4 47

d.
4 32
4 32
4 32
4 33
4 35
4 36
4 38
4 41
4 43
4 45

d.
4 31
4 34
4 34
4 35
4 36
4 38
4 40
4 42
4 45
4 47 1

d.
4 34
4 33
4 33
4 35
4 39
4 33
4 40
4 42
4 45
4 47

4.
4 34
4 34
4 34
4 35
4 37
4 39
4 il
4 43
4 45
4 47

d.
4 33
4 32
4 32
4 33
4 35
4 37
4 39
4 41
4 43
4 45

tl.
4 33
4 33
4 33
4 34
4 35
4 37
4 39
4 42
4 44
4 46

DAILY CLO SIN G PR IC K S O F
Sal.
September delivery. . . ...c . 71
October delivery -----72*8
December delivery..
75 7s
May lellvery............... . . . . 82 %

0

HO

2 R ED W IN T E R W H E A T .

Mon
723s
73%
77%
838,

Tuet.
74
75
78 %
85 %

Wed.
73 %
743a
77 %
84 %

Thurs.
73
73%
77
83 %

Fri.
733g
73%
7738
84%

During the fore part of the week the market for Indian corn
futures was buoyant.
The Government report made a de­
cidedly unfavorable statement, and advices from the W est
reported the crop suffering seriously, owing to the drought;
but later there were reports of rain and this prompted longs
to sell to realize profits, causing considerable of the improve­
ment to be lost.
In the spot market exporters have been
moderate buyers at advancing prices.
Yesterday the sales
included No. 2 mixed at 51J^c. in elevator and 52Jgc. de­
livered.
To-day the market made a slight further decline
under continued realizing sales by longs.
The spot market
was quiet and a trifle weaker.
The sales included No. 2
mixed at 52%e, delivered.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.
Sat.
Mon.
Wed. Thurs.
Tuet.
September delivers ----- c. 48
50 %
49 %
49 %
49
50
October delivery___ ___ . 47 %
49%
49 %
48%
November •itdlverj. . . . .
49%
50
50%
49%
513s
Dt cember delivery. . . c. 49*8
50 %
4*1%
5058
533s
May delivery............
52%
52 %
51%
51*8

0
0

Fri.
49 %
48%
48%
49%
51%

Oats for future delivery advanced early in the week on the
unfavorable report for the coming crop issued by the Gov­
ernment, but subsequently under the realizing sales by longs
and in sympathy with the reaction in wheat and corn, the
improvement was partially 1 >st'. Business in the spot market
has been fairly active at higher prices, but the advance was
not fully maintained. The sales yesterday included No. 2
white at 373^ 4>38c. and No. 2 mixed at 35@35J£c. To-day the
market weakened a trifle in sympathy with corn. Tne spot
market was quiet but steady. The sales included No. 2 white
at 38c. and No. 2 mixed at 34(335c.
DAILY CLOSING PRICES OF NO. 2 MIXED OATS.
sat.
Mon.
Tuet.
Wed.
Thurs.
3%
33
33 %
33%
32%
31 %
32 %
32%
32 %
3 3,
333a
32 4,
32%
33%
325a
33%
33
34%
34
33%
37%
37 %
36%
36%
36*.

Santember delivery.,
October d e liv e ry ... ____ c.
November delivery..
December delivery.. . . . 0
May delivery...........

F ri.
323s
32%
32%
33
36

Rye has met with very little inquiry but values are firm.

THE CHRONICLE.

S eptember 16, 1893.]
FLOUR.
Pine..................« bbl. $1 7 5 0 I B

20

$3 2 5 «* 3 85
City mills extras....... 3 85 9 .. . .
Hye floor,superfine.. 2 8 0 0 3 25
Buckwheat flour....... ___ a ....

Patent, w in t e r ......

S opertne___________ 1 3 5 0 2 4 0
Extra, No. 2 .............. 2 0 0 0 2 50
Extra, No. 1 .............. 2 2 0 0 2 80
Clears......................... 2 3 0 0 3 10 Cora m e a twestern, A c______ 2 60 0 2 70
Straigh ts.................... 3 00 a 3 30
Brandywine............
2 85
Patent, aprinx..........
3 8 0 0 4 50
sell* at prices below those tor barrels.)
f Wheat floor In
QSXEX.
WAeat—
scrims. oer b ash. . .
Bed winter No 2 ..
Red winter.............
White........................
Oats—M ixed..N tmWhite........................
No. 2 m ixed...........
No. 2 white.............

0.
63 0
7 3 8 .0
Btoa »
63 O
3 3 *0 0
37 a
34 9
33 0

0.
79
73
75
75
30
41
35%
39

Corn, per bash.—
0.
WesCn m ixed . . . . . .’ 0 9
No. 2 mixed _____ 5 2 M *
Western ye llow . . . 51 9
Western white.___ 50 9
Rye—
Western, per bash. 52 9
State and Jersey.. 50 9
Barley—N o.2W esfn .
.. 9
flu te 2-rowed................. 9
9
State 6-rowed................

53 p,
53*4
53
52
56
55

m r F o r o th e r ta b le s u su a lly iriven h ere see p a »e 4 3 3 .

New T o e s to S e pt . 12.
Great Britain........................
Other E uropean.....................
C hin a.......... ...........................
India.........................................
Arabia......................................
Atrlca.......................................
Vest Indies.............................
M exico.....................................
Central A m erica....................
South A m erica......................
Other countries......................

481
1893.
Week. S in c e J a n . I.
56
12

14

....
....

2

407
81

96
901
SO

T otal..................................
China, via V ancouver.......

1,533

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

1,533

1892.
W ee k .

3,020
1,144

173

2 2 .12 0

283
135
136

■1,496
7,742
5,935
13,405
1,533
3,245
35.709
1.939
100,283
19,800
120,033

11

22

243
as
249
685
-9

2,079
....... f
2,079

S in c e J a n . 1,

3,820
1.178
66,394
4,062
10,116
6,576
11,344
2,552
4,507
32,334
2.045
144,928
13,345
158,273

* From New England m ill points direct.

The value of the New York exporta since January 1 have
been #3,953,982 in 1893 against $7,411,046 in 1893,

A g r ic u l t u r a l D e p a r t m e n t ' s R e p o r t . — Tlie Agricultural
Staple cottons have been in fair request for small to medium­
Department’s report on the cereal crops was issued on Sep­ sized parcels. Pour-yard brown sheetings and mediumtember 9, and is given below:
priced bleached shirtings have had most attention in their
The Septem ber report o f the Statistician o f the Department o f \irtcottar* show* a decline la the condition o f corn to 78 7, from 87 in
AiiifU-t and 83 2 In Ju ly, being a decline o f a Utile m ore than ten
points from the Angust and more than sixteen front the July report.
The change l« marked In nearly all o f the surplus-corn Stales, The
reseut condition 1* 75 In Kentucky. 0 4 in Ohio. 65 In Michigan. 58 in
us, 98
•’*> m
,i, y8 r2 lIn
i t saissout*.
/ * to
in a
ansae ana
. i
ediaaa. 64 to Illinois,
to Jov,
Iowa,
Missouri, 74
Kansas
and 7.1
mparlson with the Septem ber reports o f the last
In Sebraska. In comparison
i„w<;r, . 0 1 In IsB O ,72-3 in t « - 7 and 76*6 in
let. years only three■were li
1886. In the sam e month lu T s9 2 the condition wa* 78 0, o r nearly
throe point* higher than the present month. There has been general
decline in the condition throughout the conn try .which has been caused
by the widely prevailing drought.
The condition o f wheat, consklarto* both w inter and spring varie­
ties, when harvested. was 74, against 35-3 to 1892. The genera! aver­
age u the lowest since 1885, when It was 72. The reported conditions
fo r the principal wheat-growing slat*** are a* fol;ow«i;~Ohio, 9*
Michigan, 8 »; Indiana. 88; IlilnolU, 80; Wisconsin, 8 f ; Minnesota, 65
Iowa, S3: Missouri, 61: Kansas, 42: Nebraska, 5 ' ; South Dakota. 68:
n orth Dakota. 87; Colorado, 89, and Oregon 03. In the East—New
York, 76-, Pennsylvania. 93: Maryland, #8i firglrila. 96, and Texaa,

f

68.

In the Sew England, Eastern and m ost o f the Southern States the
■crop t u harvwifcd to good condition and the yield averaged well. The
same can to- »*ld o f Ohio. In Indiana the quality !* good but the crop
light, w hile to m m ols. Missouri. Kansas and Nebraska the yield 1*
small and o f an Inferior quality, much o f It grading at No. 3 and under,
and to aotae places reported worthies* In the Dakotas the yield t*
light while the quality Is generally good. In Iow a and Wisconsin the
winter Variety yielded w ell and was o f good quality while the spring
variety yield was poor and o f an Inferior quality. In Minnesota the
yield ha* been poor and not up to expectation-: the quality generally
good, with som e com plaint o f shrivelled grain. In * aliforula anil
Oregon the quality or the grain I* good up to an average, and the
yield has been g ood, e x cep t on low lands, where It was greatly
dam aged
There has been a farther decline In the condition o f oats during the
past m onth, the general average standing at 74 9 against 78 3 tu
August. In Septem ber. 1892, It was 78-9.
A e condition o f rye 1* 82. D rought during the spring and early
sum m er Injured the crop.
Barley shows a slight falling o ff since last month, the general average
being s 3 '9 against 84-8 to August.
The returns o f condition o f tobacco on Septem ber l are lent favorable
than those* for August, standing at 72*3. >1st range to from " 4 to Ohio
to 100 in Florida. Some localities report damage by the tobacco
worm, but the general cause o f th e .lo w condition Is the roDg continued
drought which has prevailed ov e r an nnusually large tract o f the
ooun iry. Although rains have at last broken the dry" spell they have
generally strived too Into to be o f material benefit to the tobacco crop.
The condition o f potatoes la 71*0,e d ecline o f m ore than 14 point*
since the August report.
The condition o f fruit ha* still farther declined. New Jersey. Dela­
ware. Maryland, and Virginia being the only States, e x e c : ting the
Pacific, that showed good prospects. They still have the highest per­
centages. hut lowered greatly by the unprecedented storm o f August
28 and 29. C alifornia maintains the percentage o f August, while
O regon and Washington show light losses
Grape* prom ise well throughout the country.

THE

DRY

GOODS

TRADE.

Nuw Y o r k . Friday, P. M.. Septem ber 15, 1893.

The market for staple cotton goods and fancies has been
affected by the Jewish New Year holidays drawing an im­
portant division out of the market early in the week and by
the announcement of an unusually large auction sale which was
held yesterday. Apart from this the demand was quite equal
to late experiences. Buyers are occasionally opening out a
little, but as a rule they adhere lo small to medium-sized pur­
chases, the number of w Inch is gradually increasing. The de­
mand is generally reported better from local and Southern
buyers this w* ek than from other sections of the country.
The tone of the market is generally cheerful; evidences of im­
provement, if not emphatic, are well enough sustained to
suggest a permanent change for the better for the rest of the
season. Collections have improved in most directions, dis­
counting of payments not yet due being more of a feature
than for a long time past. The auction sale referrtd to above
was the largest held in a number of vears, over 18,000 pack­
ages of Antosfeeag products being sola. The result was waited
for anxiously by the whole tra !e, as the sale was regarded
as a test of actual conditions. It could hardly be regarded as
satisfactory, very low prices prevailing for the bulk of the
offering.
D o m e s t ic C o t t o n G o o d s . —The exports of cotton good*
from this port for the week ending September 12 were 1,038
packages, valued at 18 7 ,758 . their destination being to the
points specified in the table below:

respective divisions. Colored cottons have ruled quiet
throughout, particularly in denims, ticks, checks and stripes,
which were more peculiarly under the influence of the auction
sale than
other varieties.
Kid-finished cambrics and
silesias are in fair demand and steady. Cotton flannels in
moderate re-order request. W hite goods inactive throughout.
Prices o f staple cottons are irregular. Printed fabrics have
sold fairly well at low prices but ginghams have ruled dull.
Print cloths are inactive but steady at 2 J4 C. for 04x64s.
1893.

S to c k o f P r i n t C lo th e —

S ep t. a.

Hold by Providence manufacturer*. 176.000
Pal! Silver m anufacturer*................. 452.000
Total stock (pieces! . . . . . . ______ 6 2 8 ,0 0 0

1892.

I8 9 t.

S ept. 9 .

S ept. 10.

None.
None.

2 * 4 ,0 0 0
3 0 3 .0 0 0

Nono.

5 9 2 ,0 0 0

Dom estic W ooden s .— Business in w oolen s and w orsteds
■•*>•.unu* 8 exceed in g ly q u iet and w ith ou t n ew feature o f im rtanee. Wholesale clothiers are taking a few more small
$ of heavy weights and inquiring a little more after spring
weights, but the increase in tales is limited. Overcoatings are
dull out cloakings continue in fair request. Re-orders for
woolen and worsted dress goods are more numerous than a week
ago, and in some quarters scarcity of supplies is reported.
Flannels in mod* rate demand, but blankets, shawls and car­
pets still slftw.
F o r e ig n D r y G oods . —T he m ost im portan t e v e n t of the
week has been an auction sale of 5,000 pieces o f foreign dress
fabrics, for w h ich , w ith a g ood com p etition , fair prices w ere
realized. A part from this business has been m u ch on lines
previously in dica ted, w ith a sligh t increase in the a ggregate
sales.

K

Im portations and W are h o u se W ith d r a w a ls o f Orr G o o d * .

The importations and warehouse withdrawils of dry goods
at this port for the week ending 3ept. 14, and since Jan, 1,
1893, and for the corresponding periods of last year are as
follows*.

THE CHRONICLE.

482
S tate

and
terms

C ity P E f /u m m i T .
of

s u b s c r ip t io n .

C o m m e r c ia l a n d F in a n c ia l C H R O N I C L E con­
tains 4 0 to 6 4 pages published every week.
S ta te a n d C ity S u p p le m e n t of C H R O N I C L E con­
tains ISO pages published periodically.
In v e s to r s ’ S u p p le m e n t of C H R O N I C L E (a Cyclo­
paedia of Railroad Securities) contains 1 6 0 pages published
every other 'month,
___________
Subscription to CHRONICLE for one year § 1 0 . 0 0 ,
which includes every issue of both S u p p l e m e n t s .

T h e p u r p o s e o f th is S ta te a n d C ity D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and
continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S t a t e a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence if every Subscriber will note in his S u p p l e ­
m e n t on the page designated at the head of each item a
reference to the page where the item in the C h b o n i c l e can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.

[VOL. LVII.

fell due July 1, 1893, will be cashed on or before September
20, 1893, at the office of the New York Security & Trust Com­
pany, No. 46 W all Street. Holders will receive checks, pay­
able through the New York Clearing House, for par and ac­
crued interest. The
Per cent 30-year loan which was is­
sued to refund the old securities has not as yet been marketed,
and will probably not be offered again until next spring, as
an arrangement has been made with the New York Life In­
surance Company to take up such of the matured bonds as
may be presented and to carry them for another year.

Comptroller Woollen's notice teas printed in our advertising
columns last week on p a g e 435.
Virginia State Debt.— An application to the New York
Stock Exchange to list the new century bonds has been made
by the Virginia Bondholders’ Committee and will be acted
upon at the meeting of the Governing Committee on Sept. 27.

Valuation o f Salem County, N. J. — The total value of
taxable property in Salem County, as returned by the asses­
sors, amounts to $15,072,802. The tax rate for county pur­
poses has been fixed at $3'26 (per $1,000), which will aggre­
gate $48,299 92. The school tax was fixed at $2'63 1-3, and
will amount to $40,700 08.
B o n d P r o p o s a ls a n d N e g o t ia t io n s .— W e have re­
ceived through the week the following notices of l one's
recently negotiated and bonds offered and to be offered fer
sale.
Ashland, Neb.—School bonds of Ashland to the amount o f

Boston Bond Sales.—Treasurer Turner, of Boston, tele­ $5,000 have recently been voted.
Ashtabula, Ohio.— School bonds to the amount of $25,000
graphs the C h r o n i c l e that $125,000 of the 4 per cent coupon
bonds offered this week were awarded to the National Hide
& Leather Bank of that city at 100T3. Three other bids
were rejected.
Proposals were asked for on $1,014,500 of 4 per cent city
loans described as follows :
When Due.
LOANSB r i d g e B o nd s48, A&O , $ 2 3 ,0 0 0 ......... Oct. 1 ,1 9 1 1
H ig h w a y s —
4s, J&J, $ 1 0 0 ,0 0 0 ....J u l y 1, 1913
H o s p it a l —
4s, A&O, $ 1 3 6 ,5 0 0 ....O c t. 1, 1911

4s, J&J, $ 1 5 5 ,0 0 0 ........July 1 ,1 9 1 2
M u n i c ip a l P u r p o s e s —
4s, A&O, $ 1 0 0 ,0 0 0 ....A pr, 1, 1912
4s, A&O, $ 3 0 0 ,0 0 0 ....Apr. 1, 1913
P u b l ic P a r k I s, J&J, $ 2 0 0 ,0 0 0 ........July 1 ,1 9 2 3

A ll of the above loans are to be registered, with the excep­
tion of the highway and public park bonds, which will be
either coupon or registered. Interest will be payable at the
office of the City Treasurer.

will be sold by the Board of Education of Defiance, at public
auction on September 30. The loan will bear interest at the
rate of 6 per cent, payable semi-annually, and $5,000 of the
amount will mature yearly from 1895 to 1899,

Athens, Ohio.—A n election will take place at Athens,
shortly, to vote on issuing $45,000 of water-works bonds.
Athena, Oregon.— F. D. Taylor, City Treasurer, writes the
C h r o n i c l e that the $ 1 2 ,0 0 0 of water bonds offered for sale on
September 1 were not placed on that date and are still in the
market.
Avondale, Ohio.—(S t a t e a n d C i t y S u p p l e m e n t , page 78.)
— Bids will be received until October 7 by the Committee on
Finance for the purchase of $7,500 of 25-year sewerage bonds
and $10,000 of 20-year sidewalk bonds.
Both loans are dated
July 1, 1893, and bear interest at the rate of 5 per cent, pay­
able January and July.
Each bid must be accompanied by
two responsible securities.
Bowie, Texas.— Water-works bonds and electric-light bonds
of this city to the amount of $9,000 are being offered for sale.
The loan bears interest at the rate of 6 per cent and runs 30
years.

According to last returns there was remaining only $363,000
of the million dollar 4 per cent loan offered at private sale
during the month of August. [See C h r o n i c l e of August 8
and 19.] The fact that Treasurer Turner has managed to
Casper, W yo.— An election will soon be held at Casper to
place so large an amount of Boston’s securities on such favor­
able terms at the very time when the stagnation in the money vote on issuing water-works bonds to the amount of $30,000.
Cedar Rapids, Neb.— Village Clerk E. L. Sargent notifies
market was all but complete is certainly a good endorsement
the C h r o n i c l e that the $9,000 water-woiks bonds offered for
of the method which he adopted, as well as a high compli­ sale on September 6 have not as yet been sold. He states that
ment to the city’s credit.
face value will be accepted for the loan. Interest at the rate
Detroit, Mich.— Detroit is among the number o f cities of 6 per cent will be payable annually on January 1, and the
bonds will become due in 20 years, with an option of call after
which, after failing to market their new loans in the usual five years.
manner, have adopted the plan of putting a fixed price on
Columbus, Ohio — (S t a t e a n d C i t y S u p p l e m e n t , page 80 ;
their securities and offering them in small amounts at private C h r o n i c l e , V o I. 56, p. 767.)—The Clerk of the Columbus
sale. Comptroller C. W . Moore reports to us that $450,000 of Board of Education, Mr. O. E. D. BarroD, notifies the C h r o n i ­
Detroit school building bonds thus offered at par in amounts c l e that the $110,000 of 5 per cent 20-year school bonds offered
for sale on September 7th have not yet been disposed of, and
*of $25 and upwards are being sold, principally to residents of no future date has been fixed for their sale. The securities
that city. The bonds are 30-year 4s, both principal and inter­ are datel September 1, 1893, and will be delivered as follows:
est payable in gold.
There has been some question as to the $30,000 on Oct. 1, 1893; $30,000 Nov. 1, 1893; $25,000 April 1,
1894, and $25,000 May 1, 1894.
The issue is in anticipation of
right of the city to create indebtedness in this manner, but
taxes for the purpose of obtaining and improving public
the officials seem to be positive that they have full legal au­ school property. Columbus papers say that two conditional
thority for their action. A s soon as the money market be­ bids have been received.
Defiance, Ohio.—(S t a t e a n d C i t y S u p p l e m e n t , page 81.)—
comes easier Detroit will issue over a million dollars of other
Proposals will be received until September 19 for the purchase
bonds for various purposes.
of street improvement bonds of this city to the amount of
Dayton Bonds Placed at Home.— The city of Dayton, $43,000. The loan will bear interest at the rate of 6 per cent.
Ohio, has been successful in its attempt to float municipal
I lk hart, Ind.— City Clerk George H . Fister writes the
securities in the home market, and furnishes another instance C h r o n i c l e concerning the $20,000 of coupon funding bonds
in substantiation of our remark last week that loans to a very to be issued, that the sale of same has been postponed until
next spring, the city authorities thinking that by that time
^considerable amount are being placed in this manner. City money will be easier. He states, however, that in the mean­
Comptroller C. A . Herbig telegraphs us just as we are going time the Finance Committee has been instructed to borrow
to press that the entire issue of 6 per cent paving bonds to the on short time one-half of the above amount for temporary
amount of $166,000, for which no bids were received on Aug. use, at a late not to exceed 8 per cent. The bonds are dated
September 1, 1893, bear interest at the rate of 5 per cent,
24, have been sold at par and accrued interest to various local
payable semi-annually, and mature at the rate of $4,000
investors.
yearly from September 1, 1903, to September 1, 1907. Both
Indianapolis, Ind.—(S t a t e a n d C i t y S u p p l e m e n t , p ag e principal and interest will be payable at the City Treasurer’s
office.
88.)— City Comptroller W illiam W esley Woollen gives notice
El Paso, Texas.— (S t a t e a n d C i t y S u p p l e m e n t , page 177.)
that the $600,000 of Indianapolis 7-3 per cent bonds which — W e are notified by telegram from City Clerk B. S. CatliD

K 'S eptkmp.er 16, 1893.J

THE CHRONICLE.

that Sl“5,000 of water-works bonds have been authorized this
week by popular vote. The securities will bear 6 per cent in­
terest, pavable semi-annually, and will mature 30 years from
date, with option of call after 15 yeaw.
Franklin C< untv, Ohio.—(State and City Supplement,
page 81.)—Henry J'. Caren, County Auditor, will receive pro­
posals for bonds'as follows:
Bids to be received until September 20 for the purchase of
§8,000 of 6 per cent Pleasar.t Corners and Stringtown free
turnpike bonds, dated September 20,1893, and payable at the
rate of §1,000 semi-annually from September 1,1896, to March
1, 1.900, Interest payable semi-annually.
Bids to be received until Septc mber 27 for the purchase of
§4,000 of 6 per cent East Broad Street free turnpike bonds,
dated September 27,1803, and payable at the rate of §1,000
sem i-annually from March 1, 1868, to September 1, 1897. In­
terest payable semi-annually.
Bids to be received until October 5 for the purchase of
$50,000 of 6 per cent East Broad Street bridge bonds, $35,000
of 6 per cent Westerville bridge bonds and $23,000 of 6 per
cent Big Darby Creek bridge bonds. Each of these loans will
be dated July I , 1893, with interest payable semi-annualiy, and
will mature.*part yearly, from July 1, 1894, to July 1, 1900.
Both principal and interest will be payable at the County
Treasurer's Office.
Bids to be received until October 0 for the purchase of
$40,000 of 0 per cent North Fourth Street improvement and ex­
tension bonds, dated July 1, 1898, and payable at the rate of
$3,000 yearly from January 1, 1894, to January 1, 1913. In­
terest payable semi-annually, and both principal and interest
payable at the County Treasurer's office.
Bids to be received until October 13 for the purchase of
$37,000 of 5 per cent armory and market building bonds,
dated October 13, 1893, and payable at the rate of $3,000 yearly
from October 13, 1894, to 1898; $4,000 yearly from October 13,
1899. to 1903, and $6,000 on October 13, 1903. Interest paya­
ble semi-annually, and both principal and iutere t payable at
the County Treasurer’s office.
Fresno Conntr, Cal.—(State and City S i t j-leu ext, |>age
143. i—Thai. P. NOson, Treasurer of Fresno County, writes
us that at an election which took place on September 3 to
vote on issuing $100,000 of 6 per cent bonds to pay- off countydebts, the proposition failed to carry.
Grafton, W. Va.—The citizens of Grafton voted on August
31 in favor of issuing water-works bonds to the amount of
$50,000,
Grant’s Pass, Oreg.— It is reported that bonds for a sewer­
age system are being considered.
Hillsboro, N. l»ak,—School bonds o f this township to the
amount of $18,000 are beiDg offered for sale.
Hamilton, Ohio.—(S t a t e and C it y S u p p l e m e n t , page 81.)
—Sealed proposals will be received until October 9, at the
office of Jacob J.Seybold, Clerk of the Board of Education,
for the purchase of $30,000 of school bonds. The bonds bear
interest at the rate of 5 per cent, payable semi annually, and
mature at the rate o f $4,n(K) yearly from 1918 to 1917. Both
principal and interest will be payable at the First National
Bank of Hamilton,
Jersey City, N. J.—(S tate and C it y S upplement, page
GO.}—It ia unofficially reporter! that a bid of par was received
for a portion of the 5 per cent 20-year gold assessment bonds
offered for sale by Jersey City yesterday. The securities,
amounting to $700,000, are exempt from taxation, and by a
resolution of the Board of Finance a sinking fund has been
created for the purpose of paying the principal when due.
The proceeds o f the loan will be used to retire $300,000 of the
old bonds due October 1, 1893, and $400,000 of those due Jan­
uary 3, 1894. The remainder of the above-mentioned old
loans, amounting to $259,000, and $11,500 maturing November
1; 1893, will be provided for by the Commissioners of the
sinking fund,
Johnson County, Ind.—Eight per cent bonds of this county
to the amount of $10,000 will soon be issued.
Joplin School District, Mo.—Notice lias been received
from the Treasurer of the Board of Education of this district
that no bids above par were received for the $10,000 of bonds
which were offered for sale on Sept, 7, and consequently all
were rejected. He states that the district’s bonds have always
been sold at a premium. Interest on the loan at the rate of 6
per cent will fie payable April and October and the bonds
will mature in 20 years, with an option of call after 1ft years.
KallspeH, Mont.—Bids will be received until October 15.
at the office of R. L. Clinton, City Clerk, for the purchase of
sewer bonds to the amount of $20,000, Interest at the rate of
8 percent will be payable semi-annually, and the bonds will
mature in 20 years, payable in gold coin,
Kenjon, Minn,—We are informed hy J, J. Stone, City
Treasurer, that no bids were received for a loan of $8,000
which was offered for sale on Augit-t 19. The loan iiears in­
terest at the rate of 5 per cant, payable semi-annually.
Lawrence, Mass.—(State a n d City S upplement, page 20.)
—It is reported that a loan of $23,000 has been voted for
sewers.
Little Falls, Minn.—Bonds of this city are proposed to aid
in the building of a railroad,
Lonaconing, Md.— An election will take place in this city
on Oct. 8 to vote on iaeuing water-works herds to the amount
of $30,000,

483

Madison. WIs.—i,State and City Supplement, page 102.)—
City Clerk O. S. Norsman writes us that the §15,000 of special
street improvement bonds recently authorized will be 6s, pay­
able at the rate of one-tenth yearly from date of issue. The
bonds are issued for the improvement of different streets and
are payable by taxes levied on abutting property. They are
not coupon bonds, and are sold almost entirely to local invest­
ors at par.
Maadan, N. D.—City Treasurer A. E. Flynn writes the
Chronicle that bids will be received until further notice for
the purchase o f §5,000 of 7 per cent water-works bonds, due
January 1, 1914, The bonds will be of the denomination of
§500 each. Interest is payable in New York, and principal at
the City Treasurer's office. F or further particulars see adver­
tisem ent elsewhere in this D epa rtm ent.

Mannington, W , Ya.—Water-works bonds to the amount of
$5,000 have been voted.
Mansfield, Ohio.—(State and City Supplement, page 83.)
It is reported that the >10,500 o f assessment bonds of this city
have been sold. The loan bears interest at the rate of 6 per
cent, payable annually, and matures in five annual instal­
ments.
Marengo Independent School District, lovra.—Mr. E. B.
Alversrn, Secretary of the Board of Education of this dis­
trict. writes the Chronicle concerning the $8,000 of school
bonds to !»• issued, that bids were ojiened on August 23. The
following is a list of the bids received :
O. F. E yrich.....................

Am ount

$1,500

Northwestern I.«*don of Honor...................................................................

t.5 0 0

J. W.

2 ,0 0 0

H a l l o w e U ........................................................................................................................

All of the above proposals, at par, were accepted, the bonds
to bear interest at the rate of 7 per cent, payable annually.
The loan matures in from 3 to 11 years.
May field. Cal.—The people of Mayfield have voted to issue
bonds to the amount o f $23,000 for a high school.
McLean Co., N. D .-W c are informed by Theo. J. Hangeberg, in reference to $21,500 of bonds which were offered for
•ale on Sept. 1, that no bids were received for the loan. The
bonds are to be issued to fund the floating debt of the county
and will mature in 20 years, with an option of call in 13 years.
Mount Vernon, Wash,—Town Clerk W . S. Riblett reports
to the Chronicle, that no bids were received on August 30 for
the purchase of funding bonds o f Mount Vernon to the
amount of $15,000. The securities are dated August 1, 1893,
bear interest at the rate of 6 'pet cent, payable semi-annually,
and will mature August 1. 1908. Both principal and interest
will be parable in gold coin of the United States, either at the
office of the Town Treasurer, or at such banking house as the
Town Council may here fter designate.
Tlie town’s present bonded debt is $11,500; floating debt
about $15,000. The assessed valuation (same as actual value)
in 1802 of real estate was $526,307, personal property $133,805,
total tax rate (per $ 1,000) §10,
Natick, Maw.—(State and City Supplement, page 28).—
It is reported that water-works extension bonds to the amount
of $15,000 have been authorized.
National City School District, Cal.—Bids will be received
until October 15, by Clias. D Long, Treasurer o f San Diego
County, for the purchase o f bonds of the above school district,
to the amount of $20,000. The loan bears interest at the rate
of 6 jH-r cent, payable annually on January 1 at the County
Treasurer's office, and matures at the rate of $5,000 yearly
from January 1, 1901, to January 1, 1904. The district lias at
present no indebtedness, and its assessed valuation, about onehalf actual value ia 1892, was $1,010,804,
New Rochelle, N. V.—(State and City S upplement,
page 30.1—It is reported that the election to vote on borrow­
ing $11,400 will take place in New Rochelle on September 26
instead of September 19, as previously stated.
Niles, Mich.—An election will take place in this city
shortly to vote on issuing water-works bonds.
Norfolk County, Mass.—County C lerk' Charles H. Smith
writes us that a 6 per cent temporary loan to the amount of
$10,don lias recently been negotiated. The county lias no
bonded debt, but borrows now and then from the local banks.
Norwood Special School District Nos. 3 and 17, Colum­
biana and Millereek Townships, Ohio.—Bids will be received
until Sept. 27 at the office of A. C. Strobel, President of the
Board of Education of this district, for the purchase of §10,000
of school bonds. The loan will be dated the day of sale, and
will mature at the rate of $1,000 yearly, beginning with 1908.
These bonds, bearing interest at the rate o f 5 per cent, payable
semi annually, were advertised for sale on August 29. at
which lime no bids were received. The rate of interest has
since been changed to 5 per cent.
T’ark County, Mont.—(State a n d City Supplement, pag*
131.) Sealed proposals will be received until October 9, at the
office of tbe Clerk and Recorder o f Park County, for the pur­
chase of coupon bonds to the amount of §75,000. The bonds
will be dated July 1, 1893, and will bear interest at the rate of
6 tier cent per annum, payable January and July, and will
mature July 1, 1913, with privilege of redemption after
July 1 ,1908. A certified check of $500 must accompany each
bid.

THE CHRONICLE.

4 rt4

Pelham Manor, N. Y .— Proposals will be received until
September 26 by the Board of Road Commissioners of this
village, at the offices of W . R. Lamberton, Nos. 16 and 18
Exchange Place, New York City, for the purchase of §32,000
of village bonds. The loan will bear intere-t at the rate of
4 % Per cent, payable semi annually, and the bonds will be­
come due in ten annual instalments of not exceedidg §4,000
each, between 10 and 20 years from date of issue.
Pender, Neb.— It is reported that the people of this cPy
have voted in favor of issuing the §12,000 of bonds for water­
works.
Port Huron, Mich.— (State and City Supplement, page 99.)

—Water-works bonds of this city to the amount of §33,000
have recently been voted.
Quincy, Mass.— (State and City Supplement, page 29.)—
I t is reported that bonds to the amount of §600,000 have re­
cently been voted for water-works.
Reading, Ohio.— Bids will be received until October 9, at
the office of Andrew G. Ankenbau< r, Village Clerk, for the
purchase of §5,000 of re.-ervoir bonds. The loan will bear in­
terest at the rate of 5 per cent per annum, payable semi-annuallv, and will become due at the rate of §500 yearly from Sep­
tember 1, 1896, to September 1, 1905.
Rutledge, P a.— W m . J. Maull, Town Clerk, writes us that
road improvement bonds of the borough of Rutledge, to the
amount of §11,130, are now ready for sale. The loan will run
30 years, payable part yearly, and will be placed at the lowest
rate of interest, and under no circumstances, the Town Clerk
states, will the borough pay more than 5 per cent. A tax of
not less than 8 per cent of the amount will be levied annually
to pay the interest and principal when due. The borough’s
total debt including this issue is §14,980, and its assessed valu­
ation in 1892 (which is 50 per cent of actual value) was §214,000 ; tax rate per §1,000 §20.
St. Louis, Mo.— (State and City Supplement, page 115.)—
Comptroller Isaac II. Stuigeon notifies the Chronicle that,
the 4 per cent gold renewal bonds to the amount of §1.250,000
for which no bids were received on Sept. 2 will not again be

N E W LOANS.
$ 5 6 ,0 0 0 Bonds
City of Charleston, S.

offered at public Fale. The securities are to be dated Oct. 2,
1893, interest to be payable semi-annually and principal to
mature in twenty years.
The bonded debt of the city aggregates $21,376,021 05. This
amount includes the bonded debt of the former county of St.
Louis, assumed by the city at the timeof separation of county
and city, amounting to §6,111,000, and the bonds issued for
water-works purposes, amounting to §5,808,000, leaving the
bonded debt of the city proper §9,457,021 05.
The city has no floating debt. On April 10, 1893, the close
of the fiscal year, there were in the treasury, after charging
against the same all liabilities except the bonded debt, unap­
propriated surpluses to all the revenue funds amounting to
§412,902.
The assessment for the taxes of 1893 shows a valuation of
taxable property in the city of §284,260,790, winch represents,
it is estimated, between three-firths and two-thirds of the real
value. The rate of taxation per §1,000 valuation is §20 50.
Sedalia, Mo.— (State and City Supplement, page 116).—
Sewer bonds of this city to the amount of §10,000 have been
authorized by the Council.
Sheridan, W yo.— Mr. B. F. Perkins, Town Clerk, writes
the Chronicle that no bids were received for the §75,000 of
water-works bonds offered for sale on September 4, and that
they will probably be offered at private sale. The bonds bear
interest at the rate of 6 per cent per annum and will run 30
years.
South Bend, Ind.— (State and City Supplement, page 89.)
City Clerk, L. A . Hull, writes the Chronicle that street im­
provement bonds to the amount of §50,000 are now being
offered for sale. The bonds bear interest at the rate of 6 per
cent, payable semi-annually and mature in from one to ten
years. Another issue of city bonds to the amount of §25,000
is being considered by the Common Council, but the rate and
term of years have not yet been determined upon.
South Bend, W ash.— The citizens of South Bend will vote
on September 26 on issuing funding bonds to the amount of
$20,000 and electric-light bonds to the amount of §28,000.

N E W LOANS.

NEW

C.

$

50,000

C I T Y OF N E W YORK

Gold 6 Per Cent Bonds
D I E J U L Y 1, 1901.

TO BE ISSUED B Y

R E G IS T E R E D .

FOR

SA LE

Total authorized issue $300,000 to run twenty (20)
years from Nov. 1st, 1892, with privilege of forty
(40) years, under Act o f Legislature. Validity a f­
firmed by Supreme Court of Florida. Interest pay­
able semi-annually in New York and Jacksonville.
Assessed value of taxable property $8,801,769 based
o n one-third o f actual value. NO O TH ER DEBT,
and $40,000 cash in treasury. Sealed bids received
for $50,000 o f this issue, deliverable Nov. 1st, 1893.
Bids opened on Oct. 9, next, at noon, at the Board of
Trade Rooms, Jacksonville, Fla. No bids consid­
ered at less than par. Interest to begin from date
o f delivery, and payable 1st o f May and 1st o f Nov.
Address, C H A R L ES H . SM ITH, Secretary,
Jacksonville Florida.

$ 5 ,0 0 0 Bonds of
MANDAN, N. DAK.

Until further notice the undersigned will receive
bids for a Five Thousand Dollar ($5,oOO) series of
Water-works Bonds, issued by the City of Mandan,
North Dakota, in denominations of Five Hundred
Dollars *$500) each, running twenty vears straight,
due January 1, 1914, and drawing 7 per cent interest,
the interest payable at New York City, the bonds at
th e City Treasurer’s office, Mandan. The above is a
fine offer for investment, as the city's affairs are in
splendid shape. For further particulars
Address A . E. FLYN N , City Treasurer,
Mandan, North Dakota.

M U N ICIPAL S EC U R IT IES
OF

T IC 1 N IT 1

Brothers

&

C o .,

RANKERS,

C I T Y OF ST. LOUI S

Jas. Carothers,
V V E ., P I T T S B U R G . P A .

L e g a l In v estm en t fo r S a v in g s B a n k s
and T ru ste e s in N ew Y o r k S ta te .

2S
5

STATE
NASSAU

STREET,
S T .,

BOSTON.

NEW

YORK,

Farson, Leach & C o .,
2 W A U L STREET.
Lists o f Investment Bonds Mailed on Application.

B O N D S .

Street Railway Company o f Anderson,
Indiana, S ix p er cent 20- Year Gold
Bonds. F irst Mortgage, Issue lim­
ited to $150,000.
FA R M E R S’ L O A N & TRU ST CO., N. Y ., Trustee.

G ro ss E a rn in g s, first y e a r ol
E le c tric op e ratio n ,
- S 4 2 ,1 1 3 0 0
E x p e n se s, sam e period,
2 0 ,3 9 9 0 0
N et E a rn in g s, sam e period,
2 1 ,7 1 4 0 0
A n Honest Security. Attractive Price.

Cam pbell, W ild & C o .,
ANDERSON,

IN D IA N A .

D e a lt In by

90 FO U RTH

C. H. W H IT E & CO.,

Bonds listed on N ew Y o r k S tock E xchange,

FOR

A\D

F

Gold 4s, Due 1918,

BY

Florida.

St. Johns River Improvement. Blake

P IT T S B U R G

BONDS.

50.000 Cleveland, Ohio, 5s, due 1896. Price 99% and
interest.
25.000 Cleveland, Ohio, 6s, due 1898. Price lOiRJ
and interest.
23.000 Rutland, Vt., Is and 5s. Price to net
P- c.
10.000 Columbus, Ohio, 6s. Price 103 and interest.
4,000 Maple River 7s, due 1897. Chicago & North­
western RR. Co. Price 106 and interest.
50.000 Staten Island Railway Co. 1st mort. gold
>er cent, due 1943, guaranteed by Staten
sland Rapid Transit RR. Co. Price, 101 and
interest.
Investors are invited to call, write, or telegraph at
our expense, for prices on other choice bonds.

72 B R O A D W A Y , N E W Y O R K .

5 1-2 Per Cent Bonds
County,

LOANS.

CHOICE

Sealed bids will be received by the undersigned
until 2 o ’clock P. M. of Wednesday, 20th o f Septem­
ber, 1893, for Fifty-six Thousand Dollars, or any
part thereof, o f new City o f Charleston Bonds, bear­
ing interest at the rate o f five per cent per annum,
payable semi-annually, on the first o f April, and on
the first o f October in each year. The bonds are
«ach o f the denomination o f Five Hundred Dollars,
and will run for thirty years from first o f Oct., 1893.
The right to reject any or all bids is reserved.
Bids should be forwarded to
J. O. LE A , City Treasurer,
Charleston, S. C.

Duval

[VOL. LV11.

A rch ’d. J. C . Anderson,
P U B L IC A C C O U N T A N T ,
1 2 7 W a t e r S tr e e t,
NEW Y O R K .

C H O IC E INVESTM ENTS
in

Street Railroad and
Mu nicipal Bunds.
PRICES TO SUIT TH E TIMES.
Corrrespondence invited.

Lamprecht Bros. & C o .,
45 W A L L
CLEVELAND.

S T ., N E W Y O R K .
BOSTON.

MERCHANTS’ NATIONAL BANK,
R IC H M O N D , V IR G IN I A .
Collection, made on all Sonthern point, on beat
terma; prompt returns.
JOHN P. BRANCH, Preaident.
John F. Ouuof, Caab’r. Fb x d . R. S c o n Vloe-Pres.

S e ptem b er

THE CHRONICLE

16,1898,]

South Milwaukee, Wig.—The people of this city will vote
cm Sept. 18 on the proposition of issuing $40,000 of water­

works bonds.

485

Some of these reports are wholly new and others cover items
of information additional to these given in the Supplement,
and of interest to investors.

Stark County, Ohio.—Bids will be received until Septem­
ber 21 for the purchase of 0 per cent court-house bonds to the
amount of $25,000.

Indiana—N e w Albany.—(S t a t e a n d C i t y S u p p l e m e n t ,
page 89.)—Morris McDonald, Mayor.—The following statement
of the debt, valuation, etc., of New Albany has been corrected
Tyrone, Pa.—Mr. D. S. Kloss, Treasurer of the Board of
School Directors, writes us concerning the $20,000 o f 4 per by means of a special report recently received. The Sinking
cent 20-year school bonds, that he has as yet no,sale to report. Fund Commissioners are now asking for bids to be received
until the 30th of this month for refunding bonds to the amount
Interest^® the loan is payable semi-annually.
Warwick Union Free School District No. 12, N. Y.— of $40,000. The loan will be dated October 14, 1893, and will
Four per cent bonds of this district to the amount o f $13,000 mature October 14, 1908, with interest at the rate of 5 per
will be offered at public sale on September 28. The loan cent, payable semi-annually. Both principal and interest will
matures at the rate of $1,000 yearly from July 1, 1904, to be payable at New Vork. The bonds are to be issued to re­
July 1, 1916.
fund a like amount falling due October 15, 1893.
Wlaton Place, Ohio,—Proposals will be received until
This city is the county seat of Floyd County,
October 2 bv E. B. Poage, Village Clerk, for the purchase of
LOANS*----- Inter**!.------------------------ lYinripi,!.------------.•
$12,000 of town hall bonds. The bonds will bear interest at NAME AND PURPOSE.
>’■ Cl. Payable.
When Cue. Ou Island'g.
1-IindlnkBonds...............
1878
7
A A O
Oct. 1 3 ,1 8 9 3
$40 ,0 0 0
the rate of 6 per cent, payable annually, and will mature at
the rate of $1,200 yearly 'from October 2, 1895. to October 2,
**
........... 1 885 "
J A
rlJ.\
8 -°0<>
1904; principal and interest will be. payable at the First Na- Improvement
Bonds. ..1 8 8 0 0
M IS
May 2 1 ,1 9 0 0
5 0 ,0 0 0
t. onal Bank, Cincinnati, Ohio.
Refund. Air Line RR. Bonds 5
J A J
July
1 .1 9 1 5
291 .0 0 0
Wyoming, Ohio.—Sealed proposals will be received until
September 19 bv \V. A . Clark, Village Clerk, for the pur- i
chase of $3,622 25 of 6 per cent village bonds. Interest on
the loan will be payable annually, and the bonds will become
due at the rate of $360 yearly from June 17. 1894, to June 17. j
1903, and $882 25 on June 17", 1903. The bonds are issued in i
anticipation of the collection of the assessment for the eon
structioB of artificial stone ridewalks.

S T A T E AND C IT Y D E B T CHANGES,

Kent’ y A 1ml. Bridge Bond** 5
M A 8
------1 902
2 5 0 ,0 0 0
* The Kentucky and Indiana bridge bonds were Issued by the bridge
company and are endorsed by tile city of New Albany.
IN T E R E S T on the railroad bonds I* payable in New Y o r k ; on ail
others by the City Treasurer in New Albany.
T O T A L D E B T , S IN K IN G F U N D S , E T C .-T h e subjoined statement
show* New Albany's total bonded debt and the sinking fund held by the
city against the same on the f l m of September. 1893. and on the tlrst
of January, 1892 and 1 8 9 1 ;
1 ,'9 3 . J u „. 1 ,'9 2 . Jan. 1 , '91«
$4 0 4 ,0 0 0
Kinking funds, etc....................................
2 0 ,7 7 4
S.oOO
7 ,000
Net debt...............................................$3 9 8 ,2 2 0

W e su b jo in reports aa to m u n icipal debts receiv ed sin ce the
last publication o f ou r S t a t e a n d C i t y S u p p l e m e n t .

Morton

Edward

FINANCIAL.
1850.

& C o .,
F IS H E R

n rsiriP A i,
S T R E E T B A I L W A Y BOM BS
and

B A N K STOCKS.

W.

J.

Hayes

IN T H E C I T Y O F N E W Y O R K .

BANKERS,

OFFICERS.

Sons,

R A L T IW O R R , 3 I » ,

BANKERS,

Dealer* In MUNICIPAL BONDS.
Street Railway Bend* and other high grade I»3 1 1 - 3 1 3 S a p e rfe r Mt
develfc

THE

10 Wall Street,

7 E x c h a n g e F la c r ,
B o w l on

New York.

Lewis

Investment

C APITAL P A ID

M O RTG AG E LOANS
m
* Per Cent and 7 Per Cent N et.
NO COMMISSIONS charged borrower or lender
train loans have proven good.
SAN

Sc C O „

S M IT H

A N T O N IO , T E X A S .

s s T A S L ia u s n

Eugene

an d

*150,000.

fiv e F ield in the W est

( 'C U T Guarentaed trust Moriy e n I Sigmon Unproved lands

to Iowa and Eastern Nebraska. Bafe and DastreBIs
F ifteen Yeara* Bncceaafal E xperience,
Bend lo r Pnm phlet.

W. A. H0TCH KISS,

«E 0 . H. LEWIS
President.

Cole,

p r in t e r

eoregfen* with sotnplet. estate of Account Books

, x r i,,n' •“

***

* o . 1 W IL L IA M S T R E E T ,
rrnkwrvwt « ) i ’ » o * '

The Caligraph Typewriter
STAN D S A T T H E

G . R . Voss,
Com m ercial

.

gapplt#* Banks, Bankers, stock Broker* and Oor.

,k £ S r ; m

-

mm

R.

s t a t io n e r

UP.

Choice Investments In t b . most C o n se rv e

C IY D TD
O IA r e n

TEXAS.
F R A N C IS

C o .,

D K 8 3101 MEN, I O W A .

Cable Address. - KENNETH.”

BEAD

THE
IK E R IC A l»;W B lT IJi« MACHINE CO.
99 f Hgo*4way, lf«w Yorte-

States Life

Insurance C o.

Sc S H A W ,

31 em bers B a ltim o re Stsck Kxrtm ng.

&

1898.

The United

5 3 B ro a d w a y , N e w Y o r k .
S p e c ia lt ie s :

$ 3 9 7 ,0 0 0

carry tax-receivable coupons.

FINANCIAL.

FINANCIAL.

$ 3 9 0 ,0 0 0

TAX-RECEIVABLE C O U P O N S .-A ll twite* of New Albany bond.

CHSOKOK I t . N t'K K O K D , President.
C. P. KRALKiiJH............................................ Secretary.
A. W H E E L W R IG H T ............... Assistant Secretary
WM. T. STANDEN......................................... Actuary
ARTHUR a PERRY......................................... Cashier
JOHN P. M UNN-............................. Medical Director
FINANCE COMMITTEE.
GKO. O. WILLI AMS-...........Free. Chem. Nat, Bank
JULIUS CA T U N ........... ............................. Dry Goods
JOHN J. TUCKER..............................................Builder
K. H. P EK K INS, J ft- Pres. Imp. A Traders' Nat. B'k.
The twoimoetnono tar plans of LIFE INSURANCE
are the 0O.VT1NUABLK TERM POLICY which
gives Co the insured the
fedearn!
' event oi
nlty ‘to the
I N c S ^ “p0UCV?Uih l5 i "embrace*” every valuable
feature of Investment insurance, and which In the
U a e d L « H , L A ^ R A ^ B B C l f r W V ^ ’O K °A LO AN *

to the extent of
& the full Je«al reserve value thereof,
in accordance with
e
the terms and condition# of these
netI5H#»■
Good Airenta desiring to represent, the Company,
are invited to add re#* J . M. G A F F N E Y , Super-

lotendent of Ajreneif*#, at Home Office.

H ackctt & H o ff,
REAL ESTATE AND INVESTMENTS,
9 8 M i c h i g a n S t ., M i l w a u k e e , W l* .
First Mortgages on Improved Mila
««.*««, bearing six and seveu per a.
always on hand. No charge to the lave.______ ___
looting Interest or looking after taxes and are Intur
------ Absolute seonrity.

Paper,

Bonds, Stocks and tnreetmant Securities.

] os. C . Flatt, C . ££.,

•08 FOUST NATIONAL BANK BUILDING,

C O N S U L T IN G E N G I N E E R ,

Om aha, Nebraska.

3 5 W a l l S tre e t, H e w Y o r k ,
A n d W a te r fo r d , N . Y .
E x a m in a tio n s.

Geo. M . Huston & C o.
BONDAND STOCK

DEALERS

W e bayand sell outright ail Western
Municipal Bonds and Stock* We
cheerfully famish full and reliable in­
formation concerning any Western «etraiity without charge. Monthly quo­
tation circular mailed to all applies,.' .,
New issues of tnonldpel bonds waited,
t 0 < F fW W S T t t K K T , S T , | .0 | 7 IS , n o .

B a p e rrla lo n .

R e p o rt* .

W hite & Clark,
C O N S U L T IN G E N G I N E E R S .
SP E C IA I ,T V .—T h e In vestigation of the
p hysical condition of Ind ustrial Prop ,
ertle* and V alu ation o f fh« sam e.

TIM ES B U IL D IN G ,

P IT T S B U R G ,

THE CHRONICLE.

486

A S S E S S E D V A L U A T I O N .—The city’s assessed valuation (about ^
cash value) and tax rate have been as fo llo w s:
Personal
Total -4 ssessed
City Tar
Tears.
Real Estate.
Property.
Valuation.
p er $1,0 0 0
..............
$ 1 1 ,4 0 0 ,0 0 0
___
1 8 9 3 .............................................
1 8 9 1 .........................$ 7 ,6 6 9 ,9 5 0
$ 3 ,6 1 3 ,9 1 5
11,2 8 3 ,8 6 5
$ 20-20
1 8 9 0 ......................... 5 ,3 2 5 .0 1 0
3 ,1 1 2 ,1 9 0
8 ,4 3 7 ,2 0 0
14-40
1 8 8 7 ......................... 4 ,8 9 4 ,5 7 5
3,1 3 3 ,0 8 5
8 ,0 2 7 ,6 6 0
15-60
1 8 8 0 ......................................
....
3,7 2 5 ,3 9 0

POPULATION.—In 1890 population w as 21,059; in 1880 it was
16,423; in 1870 it was 15,396.
Connecticut— Norwich.— (S t a t e a n d C i t y S u p p l e m e n t ,
page 39.)— Calvin S. Harwood, Mayor. The following state­
ment of the debt, valuation, etc., of Norwich has been cor­
rected by means of a special report received from J. H . Keep,
Auditor of Town Accounts.
Norwich is in New London County. The city and town
have separate governments, keep separate accounts and have
separate debts.
LO AN S•
— E itercst.— , ,----------- Principal.----------- .
Oulsland’g.
NAM E AND PURPOSE.
Rate. Payable. When, Due.
C it y o p N o r w ic h D e b t .
City debt bonds, ref., 1883 ____ 4
A & 6 Oct. 1, 1913 $ 1 25,000
J & J Jan. 1, 1905
164,000
Court house................................... 7
Sinking fund bonds of 1 8 7 7 ... 5
A & O Apr. 1, 1 9 0 7
160,000
A & O Apr. 1, 1908
*150,000
do
do 1 8 7 8 ... 5
W ater fund bonds........................ 6
J & J Jan. 1, 1898
150,000
J <fc J Jan. 1, 191 0
50,000
do
do 1 8 9 0 ............... 5
T o w n o p N o r w ic h D e b t .
semi-an.
1905
160,000
Court house bonds....................... 7
semi-an.
191 3
175,000
Town debt bonds........................ 4
Subjei t t o call after 1893,
Town deposit fund....................... 6 annually ......................
13,301
* Of these $ 1 0 0 ,0 0 0 are refunded water bonds.

PAR VALUE OF B O N D S .—The city’s bonds are all for $1,000
•aoh.
TAX

FR E E .— A ll the issues of city bonds are exem pt (from ta x

ati.in.
IN T E R E S T on city hondsls paid by city treasurer, and in some oases
in Boston also.

TOTAL DEBT.—The subjoined statement shows the city's total
debt on the 15th of M ay of each of the last four years.

A. G. Becker,
Su c c e s s o r t o

HERMAN

SCHAFFNER

«t C O . ,

C O M M E R C IA L PAPER,
100 Washington Street. Chicago, 111.

Jamieson & Co.,
S T O C K S —B O S D S ,
Members New York and Chicago Stock Exchanges.
187

DEARBORN

1893.
Total bonded debt of city........$0 6 4 ,4 3 1
Certificates outstanding.........
28,811

1892.
$ 7 9 9 ,0 0 0
165,431

1891.
$ 7 9 9 ,0 0 0
165,431

1890.
$7 9 9 ,0 0 0
165,431

T o ta l.......................................$ 9 9 3 ,2 4 2
Balance in treasury...................................

$ 9 64,431
21,1 7 5

$96 4 ,4 3 1
3 1 ,6 7 8

$ 9 64,431
3 2 ,8 0 0

Net debt on M ay 1 5 ............................ $9 4 3 ,2 5 6 $ 9 3 2 ,7 5 3 $931,631
Water debt included a b o v e ... $ 3 0 0 ,0 0 0 $ 3 0 0 ,0 0 0 $ 3 0 0 ,0 0 0 $ 3 0 0 ,0 0 0
Total town debt September 1 ,1 8 9 2 , was $ 3 0 0 ,2 4 6 ; on September 1,
1891, it was $ 3 14,471.
The sinking fund receives yearly nj mill on city list.
C IT Y P R O P E R T Y .—The city owns property valued at $9 7 1 ,0 3 6 .
This includes buildings, fire department, etc., as well as water works,
which are held at $6 0 0 ,0 0 0 . In the year 1 8 9 1 -9 2 the regular receipts of
the water works were $ 4 5 ,6 2 6 ; expenditures $ 2 7 ,1 4 4 ; interest on
bonds $ 1 6 ,0 0 0 ; surplus $2,4 8 2 .
A S S E S S E D V A L U A T IO N .—The city’s assessed valuation and tax
rate have been as follows, real estate being assessed “ at % cash value” Real
Personal
Rate o f Tax
Tears.
Estate.
Property.
Total.
per $10 0 0
1 8 9 3 .........................................................................
$ 1 0 ,0 6 2 ,2 2 0
$10-00
1 8 9 2 .........................................................................
10,0 6 8 .8 4 8
10 00
1 8 9 1 ..........................................................................
9 ,8 8 1 ,0 2 5
1000
1 8 9 0 ..........................................................................
9 ,9 5 5 ,8 1 0
950
$ 2 ,3 8 1 ,6 0 0
9 ,9 2 0 ,9 2 9
9 '5 0
1 8 8 7 ................. $ 7 ,5 3 9 ,3 2 9
1 8 8 3 ................. 7 ,3 9 2 ,7 6 7
2 ,6 5 8 ,0 5 8
10 ,0 5 0 ,8 2 5
9-00
1 8 8 0 ................. 7 ,4 3 8 ,0 9 7
2,9 7 6 ,0 2 8
10 ,4 1 4 ,1 2 5
8 '0 0
The town grand list on October 1 ,1 8 9 2 , was $ 1 3 ,5 2 7 ,3 5 6 ; tax rat*
(per $ 1 ,0 0 0 ), $4-50, this being additional to city ta x as above given.
P O P U L A T IO N .—In 189 0 population of city was 1 6 ,1 9 2 ; in 1 880 It
was 15,1 1 2 (including town, 21,145)

Ittadsonville, 0 . — The following is a statement of the finan­
April 1, 1893, which has
b e e n re c e iv ed fr o m B e n n e t Carter, Village Clerk. Additional
e le c tric -lig h t b on d s to th e a m o u n t of $15,000 have recently
b e e n v o te d .
N o rep o rt from this village appeared in onr
c ial c o n d itio n o f Madisonville on

Sta t e

and

Cit y Su pplem en t.

M a d is o n v ille is in Hamilton County.

LOANS—
Amount. I W ater works bonds.............. $ 3 0 ,0 0 0
Assessment bonds.................. $ 4 0 ,8 2 4 Bonded debt April 1 ,1 8 9 3 . 8 3 ,8 2 4
Town Hall b o n d s.................. 1 3 ,0 0 0 |Population in 1 890 w a s . . .
2 ,214

C H IC A G O .

C H IC A G O ..

STREET,

C h ic a g o , I l l s .
Private wire to New York and Philadelphia.
▲. s j. o J u A U u i iT tfiiL, Altimeter IS. Y . tiLoux liixoiiatige#

‘VM. V. BAKER, Member Chicago Stook Exchange

A . O. Slaughter & Co.,
BANKERS,
1 1 1 -1 1 3 L A S A L L E S T R E E T ,

C H IC A G O , I CCS.
CHaloaso S ecu rities B ought and Sold.

Loeb & Gatzert,
MORTGAGE BANKERS
1 2 5 IdA S A L L E S T R E E T * C H I C A G O .
First Mortgages for sale In large and small amounts,
netting investors 5 ,6 ^ and 6 per cent, secured by
Improved and income-bearing Chicago city property.
P rincipal and In terest pay ab le In G o ld .
CORRESPONDENCE SOLICITED

SEC U R E BANK VAULTS.

G E N U IN E
WELDED CHROME STEEL AND IKON
In Round and Flat Bars and 5-ply Plates and'Augio i
FOR 8AFE8, VAUI.T8, Ac.
Cannot be Sawed, Cut. or Drilled, and positively
Burglar-Pi-pof.

[V o l . L V II,

C H IC A G O .

The
Title Guarantee & Trust
EquitableT rustCompany
Company
OF

C H IC A G O ,

9 2 , 9 4 dc 9 9 W A S H I N G T O N S T R E E T .
C a p ita l, p a id -u p ............................... 9 1 , 6 0 0 , 0 0 0
U ndivided earn ings, including
su rp lu s...............................................
2 3 9 ,0 0 0
D eposited w ith S ta te A u d ito r. .
2 0 0 ,0 0 0
GUARANTEES TITLES TO REAL ESTATE.
MAKES AB8TRACT8 OF TITLE.
Offers in v e sto rs in r e a l esta te securities
protection afforded by no other system of
doing business.
Is authorized by law to act as Registrar of Stocks
and Bonds. Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets of the Company.
C O R R E S P O N D E N C E S O L IC I T E D .

1 8 5 D E A R B O R N S T ., C H I C A G O .

CAPITAL, PAID] U P , ----------- $500,000
SURPLUS, -----------------50,000
AUTHORIZED BY L A W TO RECEIVE and ex­
ecute trusts of every character from courts, corpora­
tions and individuals. Takes entire charge of estates,
real and personal. Acts as agent for the registra­
tion and transfer of bonds and stocks and the pay­
ment of coupons, interest and dividends. A legal
depository for court and trust funds.
INTEREST ALLOWED ON DEPOSITSof money
which may be made at any time and withdrawn after
live days’ notice, or at a fixed date.
TRUST FUNDS AND TRUST INVESTMENTS
are kept ^separate and apart from the assets of the
company.

DIRECTORS:
OFFICER8:
AZEL F. HATCH,
CHAS. H. HULBURD,
GWYNN GARNETT, President.
M.Vice-President.
W . KE RWIN,
GEO. N. CULVER,
A.
H. SELLERS,
HARRY RUBENS,
MAURICE R08ENFBLD,
ARCHIBALD A. 8TEWART, Secretary.
SAMUEL D. WARD,
CHA8. R. LARRABEE, Treasurer. J.R . WALSH,
OTTO YOUNG.
FRANK H. SELLERS, Trust Officer.
DIRECTORS:
Gwvnn Garnett,
Chas. W . Drew,
OFFICERS:
W . D. Kerfoot,
John P. Wilson,
J. R. WALSH, President.
Horace G. Chase,
Edson Keith,
CHAS. H . HULBURD, Vice-President.
John G. Shortall,
Geo. M. Bogue.
John DeKoven,
A. H. Sellers.
SAMUEL D. WARD, Treasurer.
8amuel B. Chase,
LYMAN A. WALTON. Secretary
COUNSEL:
W . C. Goudy,
John P. Wilson.
A. W . Green,
A. M. Penoe,

M A N A G ER W ANTED.
We wish to contract with a good, live m an te
represent us in each large town and city in the
United States. To such we can otter a perm­
anent, paying and legitimate business.
Our Company is in the line of Building Loan
Associations, with the best features and with
out the risks and expenses of such. W e feel
confident that we cau afford the best and safest
investments in this line ever ottered. Write
and see.

Chicago Co-operative
Construction Co.
6 1 6 - 8 1 8 R i a l t o H n i lr t ln g ,

OHBOn^ STEEL WORKS*
.

£ !l | C A G O „ | * * ,

Illinois Trust & Savings
Bank.
C H IC A G O , I L L .

C A P IT A L , A N D S U R P L U S , - 8 3 ,3 0 0 ,0 0 0
IN TER EST A L LO W E D ON DEPOSITS.
This Bank is directly under the jurisdiction and
•upervision of the State of Illinois, is a LEGAL
DEPOSITORY for Court Moneys, and is authorised
w
as TRUSTEE, EXECUTOR. RECEIVER and
A8SIGNEE for ESTATES, INDIVIDUAL0 and
CORPORATIONS.
OFFICERS:
John J. Mitchell, President.
John B. Drake, Vioe-President.
Wm. H. Mitchell, Second Vioe-President,
Wm. H. Reid. Third Vioe-Presideni
Janies 8 Gibbs, Cash’r. B. M. Cbattell, Ass’t Castf»
DIRECTORS
John McCaflery,
John B. Drake*
L. Z. Letter,
Wm. H.Reid,
Wm. H. Mitchell,
John J. Matche
it<
"
McMu"
Wm, G. Hibbard,
D, B'gMnman,
S’ )

(