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ptmnrml
mmx(^
Supplement
Quotation
Street Railway Supplement
(Montbiy)
Investors Supplement (Quaneriy)
[Entered acoording
VOL
tf>
Act
^ Congress,
in tlie year 1899,
Ci^ Supplement (semiAnnuaii^
State and
by the William B. Dana Company, in the
SATURDAY, SEPTEMBER
69.
office of
the Librarian of Congress.]
NO. 178b
16, 1899.
Weefc ending September
For One Year
For Six Months
postage)
(inololing
Earopean Subscription
(including postage)
M)nths
Six
European Subscription
Annual Subscription In Londcn (Including postage)
Six Mob.
do.
d».
do.
$10 00
6 00
12 00
7 00
—
Jt2 lOs.
Al
10s.
Above subscription Inoludei—
i
1899.
866, .526,4741
71 ,334,660
22 ,340.396
I
Philadelphia
PitisburK
Baltimore
16, ,904.924
4,,309,3&4
Buffalo
Washington
1,,856,440
Uooliester
1,,546,742
Syracuse
SiTanton
854,614
867,361
749,901
333,200
Wilmington
Binshamion
Total Middle
Boston
Street Kail way Supplement
Thk Quotation Supplement
State and Oity Supplement
The Investors' Supplement
Providence
Terms of Adyertteing—{Per Inch Space.)
Hartford
Three
Months
(13 times). .$29 00 Xew Haven
$420
Transient matter
I
|
STA.NDINO business CARDS.
Two Months
(8 times)..
Six Months
(26
22 00 Twelve Months (52
"
"
)..
)..
50 00
87 00
937^ 614,0961
97, 512,843^
4, 479,200
210.912
1, 558,252
1, 166,667
1, 032.307
1, 435.969
544,169
419,120
332.339
110.691,778
2,
Spriiigfleld
Worcester
Portland
Fall River
London Agents:
Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, will take subscriptions and advertisements, and supply single copies of the paper
at Is. each.
1898.
Lowell
New Bedford
Total New Eng.
Chicago
114,,663,7441
I
WlLIilAm B. DANl OOniPANT,
Pine Street, Ccrner of Pearl
Post Office Box 958.
Cincinnati.
Detroit
Publlslierci,
Street,
11.6&4,200
7.165,128
8.646,106,
Cleveland
NB1¥ YORK.
'p. Oent.
1897.
1896.
$
New York
:
9.
1899
Glearinns at-
PUBLISHED WEEKLY.
Terms of Subscription— Payable in AdTance
(semiAmmaii/)
Milwaukee
Columbus
4,799,759;
3,938.100
2,359.397
Indianapolis
+29-3
670,077,648
52,283,962
16,243.239
13,084.271
3,764,678
1,763,795
1,287,302
831,438
681,861
575.268
294,600
692,641,031
56,156,712'
13,645,809
-36-4
-37-5
--29-2
-
-
16,235,650]
4,635,631
1,669,1471
1,316.421
842,4241
+14-5
+5-3
+20-1
+27-7
+27-3
706.675
655,016
374,400
4-30-3
+9-
788,869,0461
760,888,052;
86,289.607'
3,852,900
1,911,955
1,274,544
1,167,234
1,120,322
1,382,511
94,833,109
400.855
98.648,860
108,101,387
76,153,551
89.560,632
9,618,450
5,831,333
6,815,351
3,774,559
3,309,500
87.815,462
10,760,500
5,614,353
71,163,077
8.957.150
4,853 86T
5,306.407
4,405,837
3,034,000
1.454,253
1.299,918
1,281,965
636.625
498,836
546.864
575,719,
527.2041
5,622,136!
4,111,869,
3,102,400l
2,446,977
1,633.575;
1,518,416;
3,.=i34,990
CLEARING EOUSE RETURNS.
The following
table,
mace up by telegraph,
Evansville
SpriDKheld,
been $1,701,899,863, against $1,396,168,712 last week and
$1,355,807 918 the correspording week of last year.
Saginaw
Udcklord
Akron
Kalamazoo
Springfield, Ohio.
Canton
San Francisco.
CLEARINGS.
Salt
RtUtms by
1899.
Tele^jraph.
New York.. ..
$900,548,971
110,455,005
71,187,034
14,886,077
104,883,249
27,819,062
6,595,798
Boston
Philadelphia.
Baltimoie
Chicago
St. liOuis
New
Orleans.
Seven cities, 5 days
Other cities, 5 days
Total
all cities, 5
All cities, 1
Total
The
days.
day
all cities
for week.
1898.
P. Cent.
+89-3
Seattle
79,480,S48
54,745,088
18,476,827
87,818,509
24,780,195
4,368,196
+390
Tacoma
+30-0
+ 10-5
+ 19-4
+ 12-3
- 28-1
City.
882,462
650,005
306.474
143.445
Helena
Fargo
Sioux Falls
Total Pacific
,25,577.3261
Kansas City
Minnea polis
;
Omaha
+28-6
St.
+ 130
I)enver
St.
$1,410,652,170
291,947,693
$1,116,145,495
23»,e68,423
+26-4
Daven port
$1,701,899,863
$1,355,807,918
+25-5
+ 21-5
the week covered by the
given next Saturday. We cannot,
of course, furnish theoa to-day, bank clearings being made
up by the various clearing houses at noon on Saturday, and
hence in the above ths last twenty-four hours of the week
have to be in all cases estimated, as we go to press Friday night.
We present below our usual detailed figures for the previous week, covering Ihe returns for the period ending with
Saturday noon. Sept. i, and the results for the corresponding
week in 1898, 1897 and 1896 are also given. In comparison
with the preceding week there is a decrease in the aggregate
ezohanges of one hundred and thirteen million dollars, entirely due to the Labor holiday, the loss at New York being
sixty-seven millions. Contrasted with the week of 1898 the
total for the whole oountry shows an increase of 27*2 per
cent. Compared with the week of 1897 the current returns
record a gain of 22-? per cent, and the excess over 896 is 76-7
per cent. Outside of New York the increase over 1898 is 23*9
per oent. The excess over 1897 reaches 18.9 per cent, and
making comparison with 1896 the gain is seen to be 49'1 p. c.
'
Paul
$960,997,803
155,147,698
1
2,360.412.
1.659.262
1,450,000
1,936 3.35
1,251,644
Spokane
$1,235,376,196
175,276,974
be
14,937.287
Portland
Los Angeles...
$69*', 338,670
full details of cltarings for
above statement will
Lake
128,895,927,
262.161]
494,857'
111
Lexington
Tot. Mid. West'n.l
16.
162,615,3121
664,9.55:
Yi'uugstown
that the total bank clearings of all the clearing houses of the
United States for the we^k ending to-day, Sept. 16, have
Week Ending September
386,892
339 000
306,700
412.783
231.106
234,463
3 02,266
2,212,342
825,000
925.399
Grand Rapids
Dayton
etc., indicates
1,384,232
1,575,283
818.414
717,281
607,660
239,745
406,565;
488.196
283,400
341,418,
390.815
156,644
191.208
161,361
1,860,954;
I
Joseph
Des Moines
:
Sioux City
13,114,055
9,944 387
5,493,148
4,457.658
3,339,558
3,000.000
1,333,001
886,378,
Topeka
862,891
572,348
Wichita
409.079'
Fremont
133,578
Hastings
Tot. other West..
St. Louis
127..384
New
Orleans
Louisville
Galveston
Hnuston
Savannah
Richmond
Memphis
'
,
I
i
2,550..536
5.!i46
859
;
Atlanta
.Nashville
Norfolk
Augusta
Knoxvllle..".
Fort Worth
Birmingham
Macon
Little Bock
43,572.465
28,821,952
5,735,765
7,167,083
3.582 000
3.492,127
,
1.548,408
1,380.066
1,300.697
1,043,343
805.573
554,892
491,047
578,731
502,000
311,429
387,033
191,604
698,131
534,538:
213,650,
336.1761
226.000
253 905,
274.007
172.998
181,232
151,016
+26-2
--73-7
--15-4
--31-4
--65-6
--51-2
827,882
643,753
-
97.057
19,573.897
St.
John
Victoria*
Vancouver*
Total Canada
Not Included
7.808..557
1.546.746
1,300,000
657,381
675.a53
459,528
1,007.690
89,508
52.707
-50
i
-
-25-4
-31-0
-22-0
15.165.506
8.874,840
5.977.330
2,946,297
3,308,211
1,635.269
948,457
661,380
494.769
334,148
288.354
261,814
57,013
80,138
950,000
647 104
+8-3;
736,209
+20-7
482,707,
-I-8-2
-f-33-3l
299.936
+118-9
+21-4
+13-9
+26-0
4.550.569,
+31-8
5,439.674'
)
10,556.012
849.164
980,031
873,169
450,000
353.884
427,741
884.591
240,726
50.188
10,417.2711
7,740,6981
5,035,560
4,047,973
3,107,766
1,624,270,
i
-31-41
278,749
220,000
201,367
270,973
162,203
152,618
132,731
104,309,636
22,770.492]
+21-0
99,857,
111.463,
1
34.300.819
27.680.392,
5 672,621
5,.511.127
+11-0,
—0-5'
+28-8'
3,228.350
3,510.098
1.984.911
2.394.306
+145-0
+5-7,
1.465.0.50
1,040.775
1,056.506
797.^46
+•23-1
4-23-1
473,140
441.995
4-70-2
4-25-6
+30-9
-13-0
564,2M
348 098
356.000
+230
12.855.972
586,9981
450,0001
+30-7
+18-9
-Kl'5
Total Southern...
66,097,735
53.728.725
Total all
;! ,396,168.712 1,097.618.440
Outside N. York.. 529,642.238 427,540.792
Montreal
Toronto
Winnipeg
Halifax
Hamilton
694,448,
888,894
-37-1
+19-5
;
1,305,799:
"
11,033.031
7,039,420'
5,780.688
3.553.461
3,548.780
3,459,880
938,131
732,4121
796,8451
474,2231
15,143,452
2,197,9:i6
1,360,750,
--13-0
--25-9
--47-4
575,0001
243,332,
378.255
99,546
58.317
35,882,979
25,311 583
125,656,971
--23-3,
12,118,1581
1,358.855'
1,437,636
1,103,256
1,169,0181
260.561
305.722
199.787
Chattanooga
.Tacksonville
516,345,350
64,852,926
3,440,200
1,761,865
1.229.473
1.306,707
1.070,095
1,158,625
592,811
814,865
325.984
4,136,7001
2,044,408
1,376.386
1,355,663
1,234,059
1,335,678
839,766
557,803
j
Peoria
ToleJo
430,258.379
53,347,949
13,292,430
10,531,627
3,749,685
1,422,338
1,333.546
803.527
787,364
560,805
257,700
-61i
2,738.300,
4 498,867
2,444,074
2.373,040
1.271,457
1,194.120
1.015,075
665.458,
748.673'
353.671
632,207
362,901
[634,000
244.310
244,807
187,781
58,472.881'
1
+27 -2,1 ,138.172.196
+23-91
—8-2
14.000.711
7.142,100
1.345.883
1,168,749
560.124
509.545
+9-31
+14-9
+11-3
445.531.165
11,966.156
7, 103,^43'
1,425,275
1, -346,921
4-17-3
+32-6,
587.388
597,677
25,838.010
20,140,304
7,528,470
4,492,463
2,830,650
3,979,968
3,412,203
1,532,250
1,000,291
1,219,353
745,025
743,694
1,076,343
352.850
537.958
284,970
218V745
232,000
272,142
51.099,763
790 311.816
355.253.437
8.903.424
6,188.214
962.432
1,154,404
605,741
586.376
I
I
I
23.844,509
in totals.
24,787.111
—3-6'
22.926,960|
17,340,591
THE CHRONICLE.
566
OVR BANKERS' AND TRUST SUPPLEMENT,
We send our subscribers to-day our annual Bankers'
& Trust Supplement,
containing a detailed report of
the proceedings of the twenty- fifth annual convention
of the American Bankers' Association, held last week
at
The proceedings include the papers
the occasion by Vice-President James G.
Cleveland.
prepared for
Gannon, of the Fourth National Bank; President William C. Cornwell, of the City National Bank of Buffalo ; Col. Myron T. Herrick, of the Society for Savings, Cleveland, and William R. Trigg, of the firm of
These papers embrace
shipbuilders in Eichmond.
much matter
of
permanent
value.
AVe also include a detailed report of the proceedings of that new adjunct of the Association, the
Trust Company Section.
Here the papers embrace
studies of the origin and growth of trust companies
in New York State and Pennsylvania, and also a discussion of the subject of the Investment of Trust
Funds.
The
editorial articles in the
Supplement review
the work of the Convention, both in the Banking and
the Trust Company sections, and in addition we have
been fortunate in securing a thoughtful contribution
from the pen of Mr. 0. D. Ashley, dealing with that
ever pertinent topic. Business Prospects. Special care
has been taken in the mechanical execution of
the Supplement, it being printed, it will be noticed,
in large, clear type on heavy, specially-prepared
paper.
LXIX.
the makers of that law,
contemplated that
a persistent effort should be made, whenever the
reserve
imrule
Avas
broken and
the
fund
paired,
to
make good tlie deficit. In other
words, while using in an emergency the reserve
provided for an emergency, those who were compelled to do it must not leave the weakness uncared
for, but be diligent in restoring the fund to the
statutory requirement.
A conservative bank management would adopt that course even were there
nothing in the law requiring it. If all men were
judicious and equally watchful, there would be no
need for legal restraint. The provision was not inserted in the enabling act with any idea of controlling the conduct of the prucent officer, but for safeguarding public affairs against the risks taken by the
imprudent.
While we believe in having as few statutory restrictions in a general banking act as consistent with the
safety of the institutions formed under it, and consequently of the business interests entrusted to their
care, we have always favored the requirement of a
twenty-five per cent reserve. It should, however, be
borne in mind by the legislator that a requirement
to keep unemployed a considerable portion of its
assets is onerous to the bank and is imposed only to
protect public interests a necessary limitation which
the risks attendant upon oanking business exacts
This being so, it stands to
for the public welfare.
reason that the law must be
made otherwise
for
the
best
of
reasons
too,
—
to
The money market again has been the conspicuous
But
national banking law.
liberal
THE FINANCIAL SITUATION
[Vol.
enough
make
to allow the corporations
it
authorizes
a fair return on the capital invested.
If this
multiply and the needs
feature.
A loss of $10,571,000 in the actual reserves of commerce will be sought md obtained by other deof the Clearing House banks reported last Saturday vices.
The events of the day are illustrating this
is
not
so,
banks
will cease to
of $6,732,325 in the surplus reserve, reducing the situation.
New banks of aaoderate capital cannot
surplus to only $2,458,925, naturally enough enforced exist; if formed, the records of the Controller's office
a contraction of loans, which in turn served to show, a large portion of them fail, while another con-
and
This course was indispensable
on the part of those institutions which were short of
the requirement; they were compelled to put themselves as quickly as circumstances would allow in possession of the amount of reserve the national banking
The effort in that direction led
law calls for.
to the changing and contraction of loans referred
to as being in progress the early part of the cur-
straighten borrowers.
Money
rent Aveek.
demand, and
as a result
met
a
more
active
were consequently advanced,
call
money, instead of being from 2
80 that
to 3 per cent, which was the condition a month ago,
ranged a considerable part of the week from 5 to 9
per cent, with the average fully up to 6 per
cent.
It is hardly needful to add that, inasmuch
as the practical outcome of these conditions was a
requisition on speculators for more margin and on
brokers to reduce their liabilities, the stock market
for two days became somewhat demoralized, with declines much greater in the industrials than in the railroad stocks. That is to say, at times of very easy
money and a buoyant market all stocks are current
with the money lender, but at times of high rates disrates
criminations are the rule.
But the borrower asks, were not bank reserves made
to use and not to look at? Of course they were, and
this is 80, just as truly as army reserves are made to
We
advocated that view many years
ago. The writer then showed that such was the
obvious intent of those who framed and passed the
be used.
first
siderable portion of
them wiad up and go out
of the
Other institutions of wider opportunities for
making money, without the 'estrictions and therefore
without the safeguards the binking law contains, are
formed to take their place, for commerce can not develop freely unless fully provided with banking
business.
facilities.
At
this stage in the condition of our
turbance we cannot
monetary
dis-
be struck with the strength
of the financial and commerciil situation.
Bearing
upon that point a very suggestive feature of the week
has been the publication of the statement of our forfail to
movement in August As last year's figures for August were unprecedentedly favorable, and
as imports of merchandise were known to be much
eign trade
larger than a year ago,
prise to have
balance.
it
would have caused no sur-
found a considerably smaller favorable
But instead
of
that
result
it
appears
of merchandise last month exceeded the imports by $37,929,699, whereas in 1898
Those results
the net balance was only $34,888,213.
tell us plainly enough that if we are really in need of
money we can easily get it. Europe owes it to us.
The net favorable foreign trade balance, including
gold and silver as well as merchandise, for the twelve
months ending with June 30 1897, was $273,033,355,
for the year ending with June 30 1898 it was $534,624,851, and for the year ending June 30 1899 it was
Altogether for the three years here is
$504,555,497.
that the exports
Sbftember
THE CHRONICLE.
16. 1899.
If we add to
o| $1,312,203,703.
that July and August 1899, when the net (including
a favorable balance
gold and sih^er as well as merchandise) was $73,688,312, we have a total lesult for the three years and two
months of $1,385,892,015. These facts unquestionably
show that Europe is largely in our debt. This conis further illujtrated by the course of foreign
exchange rates this week. Higher rates for money
quickly turned that market, making it evident that
there will be a flow of gold to the United States the
next three months if the stringency here in money
should continue. At the same time it is evident that
no more gold will leave Europe this year for the
United States than is really needed by us.
The
clusion
reason for this
is
the industrial speculation in Ger-
many.
Rates there
time ruling at from
&r money have been
to 6 per cent,
5
than that will be paid, it
vent an outflow of gold
The foregoing
we are
really in
is
some
and even more
said, if necessary, to pre-
suggejts the inquiry, to
need
for
of fresh
what extent
supplies of gold
;
an
judgment as
Our
stock is
we
being augmented constantly by the product of our own
answer to that
will in turn aid the public
to the supplies
are likely to receive.
mines, by considerable receipts from the
and
Klondike
by arrivals from Australia. Besides these
additions to our holdir^s, we had, according to our
Mint Bureau, a stock of gold coin and bullion in the
United States on September 1 of $990,380,153.
What is more to the point, we have a large visible
supply.
In the G-overnment Treasury the net
uncovered gold holdings September 14 were $256,385,875, while the total specie holdings of our
New York Clearing House banks were last Saturday $161,083,200.
A measure of the strength
evidenced by these totals of the Government and
New York banks is perhaps better secured by
comparison with the like figures at one of our darkest
periods in recent yeaiB. For illustration take the
also
31st of
December
1894,
when the
total net gold in the
Treasury was $65,650,175 and in the banks (Feb. 3
We state the situation at
1894) was $120,016,200.
that time because many get the notion of great weakness in the financial situation from the
mere
fact that
the surplus reserve dropped to $2,458,925 last Saturday.
I
The
existing high rites for
money
are consequently
not due in any measure to a lack of gold in the Government vaults, nor tc small bank reserves; they are due
rather to the large speculative interests being cared for
by banks and other Inancial institutions at the present moment. These have not by any means grown out
of stock operations at the Exchange alone or chiefly.
Outside of those are obligations carried by our monetary
institutions in one vay and another in behalf of new
companies, trusts and industrial combinations that
have been and are being floated. Tight money, consequently, means that these untried values have for
the present lost fa-vor, and for the time being at least
cannot expect to find the support they have hitherto
received.
The banks have only relieved the market
this week by contracting loans and thus decreasing
the deposits.
Tkere is, though, no turn in the currency flow
it is still against this city.
Aijd yet
foreign exchange has hardened again.
These facts
tell those planning to float new ventures that the conditions are unfavorable.
Money must continue to
rule very near 6 per cent, possibly for the rest of the
;
567
Gold imports will come and are coming now
way from various directions, but there will
be none from Europe this month; and even after that,
the conditions we have disclosed above seem to indicate that we cannot expect any large amount of European gold to flow to this centre on this occasion. If
we really need it we will get it, but not otherwise.
year.
in a small
It
is
many
years since the death of a
man
of
prominence in the financial and railroad world has
elicited such universal and such sincere expressions
of regret as the sudden taking away of Cornelius
Vanderbilt on Tuesday morning of this week. The
Vanderbilt name has, through successive generations,
been a synonym of integrity and a bulwark of strength
the world over, and the late Mr. Vanderbilt, by
his conduct and course of life, served to add new
power and new influence to the name. He was not
only the head of the family, but he was, up to the
time when he was first stricken by the disease to
which he has now succumbed, the guiding spirit in
the management of the great railroads with which the
Vanderbilts have become identified. How well these
properties have been administered the prosperity enjoyed by them all and the high prices commanded by
their securities sufficiently attest.
Mr. Vanderbilt
was thoroughly loyal to them; he gave them the benefit of his best thought and care, working with great
industry as well as with great intelligence and zeal on
Like most men having at heart the
their behalf.
interests entrusted to their care, he never spared himself in the effort to promote their welfare.
He
labored incessantly and without stint.
European
investors appreciated and recognized this beyond all
others, and they would buy the Vanderbilt securities
even when other American railroads might be temporarily under a cloud, for they knew that come what
might the properties represented by such securities
would be administered in accordance with the highest
standard of efficiency and of personal and official
rectitude.
Mr. Vanderbilt was moreover the best
type of the man of great wealth.
His conduct
showed that he considered himself the steward of
his immense possessions, and that he felt it his duty
so to manage them as to promote the general good.
His life indicated that in his estimation wealth was a
trust, not an instrument for the gratification of personal indulgence or personal aggrandizement.
The Agricultural Bureau report on the condition
of the country's crops the first of September, issued
on
Monday,
is
chiefly
interesting
as
furnishing
heavy production in the case
two of our principal grain crops, namely
corn and oats. As far as the wheat crop is concerned, it has been known for some time that on account
of the deficient yield of winter wheat the aggregate
crop would show a very material falling off as compared with the exceptional product of last year. The
definite assurances of a
of at least
makes
the
winter-wheat promise
slightly
better than appeared from the indications last July.
In the spring-wheat States, however, the Bureau reports a very decided deterioration
during August, and the general average of condition
(winter and spring wheat combined) for September 1
is accordingly put at only 70*9, against 86*7 in 1898,
85-7 in 1897 and 74-6 in 1896. Based on these figures,
estimates of the crop vary between 500 and 550 million
bushels, as against an actual crop of 675 million bush-
present
report
THE CHRONICLE.
5fi8
The Bareau
els in 1898.
also lowers its average for
corn 4 7 points, reducing it to 85 '2. At this figure, however, the average compares with 84-1 in 1898 and but
70-3 in 1897.
than
As
last year,
the acreage
is nearly 5 per cent larger
the crop should run well above 2,000
ment
[Vol. LXIX.
presented furnishing aa analysis of the receipts for the last six years, and this confirms what
is
we have
said.
Comparing 189S-9 with 1893
4,
earn-
ings from coal freight are found to have been $1,923,502, against $1,753,874: from milk, $484,491, against
making it rank with the biggest $357,037; from local freight, $669,881, against $662.crops on record. The oats crop seems certain to be 807; from through freight, $384,262, against $226,291,
the heaviest ever known, as although the average is and from miscellaneous, $63,680, against $41,118.
Slot given as high as a month ago, it is yet reported
So much for the traffic resuits. The operating re87 '2, as against 79 in 1898 and 80 the mean of the sults show similar progress. Some new statistical
.million
bushels,
.
September averages for the
last ten years.
statements are incorporated
time in the refor a long
Iron production continues on a very large scale, series of years, and discloses t steady growth in efficthough the "Iron AgeV" monthly record shows no iency and economy. In 1893 the lading of the trains
further expansion in the output during August. The was 176 tons ; in 1899 we find it up to 276 tons.
The
*'Age" finds 13 more furnaces in blast than at the effect of this in reducing expanses will appear when
beginning of August, making the number 257, but the we say that while in these six years^ the freight traffic
capacity of these furnaces is reckoned at only 267,335 was increased from 294 millioa tons one mile to 440
tons per week, as against 267,672 tons per week million tons, the additional work was done with a
for
the 244
furnaces which
were
in
blast (/ecrease in the freight-train miles, only 1,832,840
falling
off
August 1. The "Age" explains the
as miles having been run by the freight trains in 1898-9
being principally due to the fact that the August pro- against 1,848,111 miles in 189^-3. It is worth noting,
duct, upon which the estimate of capacity is based, too, that the operating cost has been gradually reduced,
was cut down from a variety of causes. It says the the ratio of expenses to earnings in the late year havfurnaces have not been doing as well during the hot ing been only 65 -25 per cent, against 73 '15 per cent in
weather as they have at other times. Then, too, 1892-3 and 76-55 per cent in 1890. It may be thought
while a number of new-comers whose capacity is that as the company is a large anthracite carrier, it
but it actually realized only
relatively small, have started up, some of the more gets high average rates
modern stacks have been forced to blow out for re- 7 "86 mills per ton per mile.
President Fowler refers tc the acquisition of the
Consumption of iron continues in excess of
pairs.
the production, as is evident from the fact that there additional coal lands in the anthracite fields, and ex.
has been a further decline in stocks, which are re- plains the method of financ.ng the purchase. The
ported at only 137,821 tons September 1, against new lands will afford a tonnage of about 600,000 tons
They counted in the late year's operaper annum.
150,268 tons August 1 and 311,963 tons April 1.
It has been the
tions for only about six months.
of
the
management
slice
policy
1896
to include cerEach year marks a new record of growth for the New
York Ontario & Western. This thought is suggested tain items of betterment clarges in expenses rather
by the appearance of the company's annual report for than in capital account. Increased prosperity per
the fiscal year ending June 30 1899. Ingress earn- mitting it, the announcement is now made that,
ings, in net earnings, in the surplus remaining above beginning with the current fiscal year, the policy will
fixed charges, and in practically every other leading be to include in operating expenses every expendiitem, the totals for 1898 9 exceed those of all previous ture save only the cost of such extensions as may
years.
The record is such a noteworthy one it seems hereafter be made of the main line or branches, or
desirable to reproduce here from the annual report such actual additions to the motive power and equipthe following table covering the results for the last ment as increase the earning capacity of the company
This is a comten years as the best way of showing what has been or produce new revenue therefor.
mendable step and accords with the practice of other
accomplished in this period of time.
f oi
the
first
One of these gives the yearly train-load
port.
;
!
^fross
Receipts.
1890
,..$2,200,446
1891.......... 2)809,702
1892........:. 3',26.=>,418
1893.....
1894
1895....
1896
1897
1898
1899
3,688,173
3,842,119
3,669,113
3,779,335
3,894,403
3,914,635
4,346,163
Expenses
and
Net
Revenue.
leading roads.
Charges.
Surplus.
$1,768,012 $432,404 $285,962
2.155,372
654,330
553,891
2,461,136
804,282
597,262
2,798,225
889,948
633,095
2,732,540 1.109,579
690,013
2,642,412 1,026,701
700,318
2,698 558 1,080,777
705,208
2,780,496 1,U3,^07
713,996
2,801,642 1,112,993
710,532
2,970,110 1,376.053
689,688
$146,442
100,439
207.020
256,853
419.566
326,383
375,569
399,911
402.4 1
623,718
Faxes.
Nothing. that we could say would add force to the
showing made by the figures themselves. It may be
thought that the great improvement disclosed is due
entirely to the development of the company's anthracite tonnage, which has been such a feature in the
the property in recent years.
The coal
traffic certainly has played an important part in ad-
history of
ding to the tonnage and revenues of the road, and it
is certain to become a still more prominent factor in
the road's affairs in the future as a result of the additional coal lands acquired a short time ago.
As
a matter of fact, however, all other classes of
traffic have been coiucidently developed.
A state
Money on
representing bankers" balances, has
loaned at the Stock Exchange curing the week at 9
per cent and at 2 per cent, areraging about 6 per
cent.
call,
On Monday
the range was from 8 per cent
to 5 per cent, with the bulk of the business at 5^ to 6
On Tuesday loans wa-e made at 9 per cent
per cent.
and
at 6 per cent, with the majority at 6 to 7 percent.
Oa Wednesday
the range was from 9 per cent to 2 per
cent, with the bulk of the busintss at 7 per cent. On
Thursday loans were made at 6 per cent and at 5 per
On
Friday
the range was from 6 per cent to 4 per cent, with the
bulk of the business at 5 per cent. It may be noted
that the higher rates each day were recorded in the
morning. On Wednesday the rate fell off sharply on
the news that the payment of October interest on the
Government bonds would be anticipated and there
was a fall in the last half hour of business to 2 per
cent, though not much money was loaned at this rate,
cent, with the majority at 5^ per cent.
Banks and
trust companies
marked up their
rates
p
on
I
September
Monday
mum
to
6
pei cent,
for the week,
institutions
THE CHRONICLE.
16, 189(.]
met
and
this
was the mini-
Generally speaking,
tie
market
rate
all
these
advanced,
though they did not loan at the extreme high rate of
per cent.
This course of the banks, it may be
noted, is adversely triticised. These institutions, in
as
it
569
recovery, and the tone was steadier,
influenced by
tial
slightly easier rates for
money. Bankers report that
only a moderate supply of commercial
bills
drawn against cotton, and not many grain
there
is
drafts,
though there are indications that they will soon
come
forward more freely. There has been some
demand
explaining their practice, assert that whenever rates
for short sterling to cover previous sales,
and
also for
rule low it is the cistom for some borrowers,
espec- he extension of some loan bills
which
were
made
ially those on the Stock Exchange,
so to manipulate sixty days or more ago.
It may be noted that, in the
that market for money as to compel the banks
to opinion of good judges of the
foreign exchange situamark down their standing loans. Thereby the bor- tion,
there is little probability of gold imports in
the
rowers have established the principle that loan rates
immediate future.
at the Stock Exchange are market rates
for money
Jfominal rates for exchange were 4 84 for sixtyday
to which all lenders should conform.
The banks, and 4 87@4 87^ for sight until Wednesday,
when there
therefore, by assentiig to this principle when
rates was a reduction in the
long rate by some of the
rule low, claim the light to act upon this
principle drawers to 4 83^ and in the
short rate to 4 864, makwhen rates are high as well as when they are low. ing
the range thereafter from 4
83i@4 84 for sixtyTime contracts have leen in good demand, and while
day and from 4 86i@4 871 for sight. Rates
for actual
lenders have not pressed their offerings, preferring
to business opened on Monday
unchanged compared
loan on call, they have generally been willing
to lend with those at the close on
Friday of last week, at 4 83
on time at the full lates, and one down-town bank
@4 83i for long, 4 86i@4 86i for short and 4 87@
made a loan at 6 per cent for four months. Quota4 87i for cables.
The tone was easy. On the
tions are 5^@6 per cent for all periods
from sixty following day the market was
influenced by dearer
days to six months
good mixed Stock Exchange money and
rates
for
actual business
declined
collateral.
The maiket for commercial paper is one-quarter
of a cent all around, to 4
82|@4 83 for
quiet.
Very few of tie institutions are buyers, and
long, 4 86@4 S6i for short and 4 8G|@4
87 for cables,
the low reserves are keeping the city
banks out and the tone was weak to the
close.
The drawing of
of the market.
There is some inquiry from the loan bills
was the feature on Wednesday and the marEast but very little from the West. Quotations
are ket was still weaker.
Rates for actual business fell
m
4|@5
per cent for sixty to ninety-day endorsed bills
half a cent, to 4
82i@4 S2h while those for sight and
receivable, o@5i per cent for prime and
per
for
cables declined one- quarter of a cent, to
6@6i
4 8o|@
cent for good four to six months' single names.
The 4 86 for the former and to 4 864 @4 86| for
the latter"
larger banks report that their shipments
of money to The tone closed a little
steadier, and on the fc lie wing
the interior were quit« heavy early in the
week, but day there was a slight recovery,
though rates for
after Wednesday the movement was
lighter, partly actual business were
unchanged except for long,
because the banks could not supply their correspondwhich was advanced one- quarter of a cent, to 4
83^®
ents with notes of small denomination.
Some of the 4 82f. The tone was steady on Friday.
The
followbanks reported moderately large receipts of
money ing shows daily posted rates for exchange by some
of
from the East and from other near-by points
after the leading drawers.
the middle of the week.
DAILY POSTED RATES FOB i-OBEION BXCHANOB.
The
decision of the Court Martial in the Dreyfus
case was
announced on Saturday, but it had no influence
on the markets.
There is continued tension in Great
Britain regarding tie Transvaal matter,
but the
financial markets are not disturbed
thereby.
The
Bank
England miaimum rate of discount remains
unchanged at 3i per cent. The cable reports Vlisof
Wkd.,
1
THim..
Sept. 13. Sept. 14. Sept. 15.
Brown
60 days
484
84
4
87H
i^
60 days
87^
484
84
Sight...
84
84
^
.1 Sight-.,
4 87J^
84
87«
84
84
87%
87%
S7%
84
83ii
84
87
84
87
84
87
84
Bros...
Baring,
Magoun & Co
Bank British
60 days.
No. America.. J(Sight....
Bank
of
Montreal
Canadian Rank
of
Commerce.
484
84
4 87
87}^
}
60 days.
484
I
Sight....
4 87
(
«0 days.
484
84
87
84
>
Sight....
8-^
87H
Heidelbach, Ick 60 days.
elheimer & Co (Sight....
Lazard Freres... 60 days.
^
n^
^«
U^
84
87
84
84
87
i^
87%
484
&4
84
counts of sixty to ninety day bank bills in
83H
4 87
87
87
London
1^
484
Si
84
84
84
84
3^@3f per cent. The open market rate at Paris is
j Sight....
487
87
87
87
87
87
Bk.
60 days. 484
84
84
S4
84
2i per cent, and at Berlin and Frankfort it is 5@oi per Merchants'
84
of Canada
Sight.... 4 87J^
S7^
87«
37%
87%
cent.
According to our special cable from London,
The market was steady on Friday, with rates
the Bank of England lost £332,661
bullion during for
actual business 4
the week and held £35,61 •>, 767 at the
82i@4 82| for long, 4 85i@4 86
close of the
for short and 4 86^ @4
Commercial
86f for cables.
week. Our correspondent further advises us
that the on banks
4
82@4
and
82^
documents
for
payment
loss was due to imports of £374,000
bought in the
4
811@4
82|.
Cotton for payment 4 81 1@4 81|, cotopen market, to the export of £700,000 to the
Cape, ton for
acceptance
4 82@482i and grain for payment
and receipts of £9;i,000 net from the interior of
Great 4
82i@4 82f
Britain.
S
(
?
The foreign e.^change market has been infiuenced
this week by the iigher rates for money.
Though the
tone was easy oq Monday there was no
quotable
change in rates. On the following day the
effect of
the high money rstes was distinctly perceptible
and quotations declined. On Wednesday the
market was quite
weak, especially for long sterling, which was
reported
to be affected by the drawing of
loan bills for comparatively liberal amounts. On Thursday
there was a par-
The following statement gives the week's movement
of money to and from the interior by the
Xew York
banks.
Week Ending September
15, 1699.
Received
A\
t^irrencT
Gold
Total gold and legal tenders
hj/
Shipped by
r. Rinks. X. T. Banks.
$2,438,000
1.208,000
«6,530.000
»3,646,000
t8,421,000
1,891,000
With the Sub-Treasury operations the
follows.
Xet Inttrfor
Hovemtm.
Ix)8s. $4,092,000
Ix)R3.
683,000
Loss. $4,775,000
result
is
as
THE CHRONICLR
570
Wuh EniUng
Ttmntfi interior
September
Banhs.
moyement, as above
Sub- Treasury operations
TotAl gold and legal tenders.
The following
in the principal
Bank
Holdings.
$3,646,000
$8,421,000
30.100,000
23.200,000
host. $4,775,000
Lo88. 3,100,000
$23,746,000
$31,621,000
Loss. $7,875,000
table indicates the
amouut
of bullion
European banks.
Sevtember
Bank
Net Change in
Out of
Banks.
Into
15, 1889.
September
14, 1899.
15, 1898.
of
Gold.
fid inland
—
yrsmce
6«rmany
.
.
Silver.
£
JE
Silver.
Oold.
Total.
I
Total.
£
£
34,650,808
35,612,767
35,612,767J
76,895.118 47,630,606 124,525,724 74,852,418 49.614,820 124,467,238
26.983,000 13,900,000 40,883,000! 27,974,000 14,410,000 42,384,000
93,653,000 5,218,000 98,871,000 106,588.000 4,218,000 110,806,000
34,650,808
Russia
Aast.-HQDR'y 36,675,000 12,682,000 49,357,000[ 35,222,000 12,595.000 47.817,000
13,073,000 13,600,000 26,673,000 10,656,000 5,4*1,000 16,140,000
Spain
Italy
Netherlands.
Wat.Belg'm..
15,543,000
1,385,000
16,028,000
14,778,000
2,195,000
16,973,000
2,741,000
5,964,000
8,705,000'
4,314,000
6,780,000
11,094,000
2,997,000
1,498,000
4,405,000'
2,877.000
1,439,000
4,316,000
Tot.this week 304,172.885 101877606 406,050.491 311,912,226 96,735,820 408.648,046
Tot. prev. w'k 304,785,015 102421540 407,206,555'314.156,399;97,278,056.411,434,455
[Vol. LXIX.
per ton per mile, against 6*95 mills in 1897 8. While
the shrinkage is not very considerable, it is the more
noteworthy since the growth in tonnage has been
largely in the local traffic, as is evident from the fact
that the average haul diminished, having been only
207 miles for the late year, against 214 miles for the
year preceding. Total freight tonnage was actually
823,103 tons heavier than in the year preceding, the
increase being almost 6^ per cent.
The
probably attract
most attention is that in the net earnings there is no
increase at all, but rather a slight decrea-e. la other
which,
fact
however,
will
words, with an improvement of 1796,870 in the gross
receipts from traffic, there has been an augmentation
of $840,225 in the expenses
operation, besides an
ol
increase of $66,566 in taxes, baving the net income
$109,921 behind that of the previous year.
causes for the augmentation in expenses
Three
may be
enumerated First, there has been a heavier volume
of traffic in both the passengar and the freight de:
THE ILLINOIS CENTRAL REPORT.
Two
facts stand out prominently in an examination
annual report of the Illinois Central Railroad
for the late fiscal year, which we publish to-day on
subsequent pages. The company has had (1) a prosperous year, and (2) the policy of extending the mileage of the system in accordance with progressive yet
conservative ideas is still being continued.
Of course a satisfactory income account was looked
Business
for, and expectations are not disappointed.
prosperity pervades the whole land, and the sections
texved and traversed by the Illinois Central system
As a result,
naturally shared in the improvement.
there mu8t have been an enlarged traffic in merchanof the
dise
and general
freight.
As
far
as the crops are
partments, which naturally v^ould add to the exIn the second place the company has evipenses.
dently been more liberal ev9n than in the years
preceding in the making of renewals and repairs.
The increase in expense runs all through the list,
there being few items that do not share in it, but it
particularly noticeable that the expenditures upon
maintenance of way and structures were heavier
is
equipment. Tables
are given in the report shoiving the maintenance
outlays for the last ten years, and from these it
appears that in no previous year have the expenditures upon engines or upon cars been so large,
or the expenditures upon maintenance of way and
But there has been still another cause
structures.
for higher expenses.
As is well known, prices of
materials and supplies have risen greatly, and this
enhances the cost of many items entering into the
operating accounts. There is no allusion to this in
the Central report, but, as will be remembered, reference was made to the effect of that circumstance by
President Thomas in the Erie report. The property
and
also
upon maintenance
of
concerned it should be understood that the Central
had no such advantages as the roads running through
the great spring- wheat sections, where the producdoction of wheat in 1898 was of exceptional dimensions.
Its Iowa lines, indeed, do tap a portion of the
spring- wheat belt, but Iowa, as it happened, was not
among the most favored sections, the States with heavy
yield being the Dakotas an d Minnesota. With reference
to the other grain crops, these were probably smaller is being operated with increased economy and efficin 1808 than in the previous year; the corn crop in iency, as is obvious from the fact that the train-load
Illinois, for instance, was estimated by the Agricultural has been further enlarged, beiag reported 209 tons,
Bureau at Washington at only 199 million bushels, against 206 tons, and from the fact that the freight
against 232 millions in 1897 and 284 millions in 1896. trains were made to earn more, notwithstanding the
With these facts before us, and bearing in mind that shrinkage in rates.
the returns are based on a somewhat smaller mileage
However, even though the net income was slightly
(the Yazoo branch of 140 miles having been trans- below that of the year preceding— in ratio the decline
ferred to the Yazoo & Mississippi Valley, the accounts was no more than 1-27 per cent the income exhibit
of which are separately reported), we are in better po- for the year is most satisfactory and encouraging,
sition to judge of the year's outcome.
showing the strength of the property. Not counting
On 3,671 miles of road in 1898-9, against 3,775 the surplus dividend fund brought forward from the
miles the year preceding, gross earnings were $28,- previous year, there is a surplus over and above
114,689, against 127,317,819.
This evidences sub- expenses and charges for the twelve months of
stantial improvement, even though in ratio the in- •4,331,501.
The company pays I per cent dividends
crease is not quite 3 per cent.
Nearly half the gain, in semiannual instalments of 2^ per ceat. The divithat
it is important to note, occurred in the passenger de- dend last March was on $52,500,000 of stock
partment, where the revenues were 15,409,538 in for the present month is on $60,000,000, the other 7i
1808-9, against $5,103,812 in 1898.
The increase millions having since been issued. The two dividends
per
cent while in the freight earn- together will require only $2,812,500, leaving a
here is almost 6
ings it has been but 1^ per cent.
The reasons for the balance of $1,519,001. It appears to be the policy to
relatively small growth in this last instance have put earnings in excess of 5 per cent back into the
been indicated in what has already been said; in ad- property to farther raise the standard and increase
At all events, last year the
clition there has also been a small f urthtr decline in the road's efficiency.
the average rate realized, the experience of the Illi- surplus was applied in this way, and the present year
nois Central in this respect being thus like that of the same policy has been pursued, the company
other roads.
The company realized only 6*88 mills having appropriated no less than $1,475,040 for
—
:
Sepiember
TBE CHRONICLE
16, 1899.1
the report that the
total outlay for betterments and additions to the
betterments.
It is explained in
property during the Itwelve months, and which are
usually charged to capital account, were 12,937,383
571
takes great pride in what has been accomplished, and
The record is worth reviewing. He
well he may.
points out that
it
is
six years since the
forced to cease paying dividends upon
company was
its
common
During this time he says the floating debt of
from earnings, being me cost of all betterments made the company has been extinguished, and large sums
during the year to the Illinois Central as originally expended upon the property and charged to repairs,
constructed.
Of the remaining $1,462,343 (repre- in order to put it in condition to meet the^competi-
that of this there was baid the $1,475,040 mentioned
senting betterments
to
$677,806 was charged
\o
the
various
leased
the Louisville Division
lines)
Fund
stock.
tion of the times.
He
the
and $784,536 to capital
We
June 30 1893 there were on
the company 17,656 freight cars
notes that on
books
of
tonnage
capacity
of
314,173
tons), a large number of which were old and worn out,
having been received by the company in the consolidation and purchase of various lines.
On the other
hand, on June 30 1899 the company owned 14,065
freight cars, with a tonnage capacity of 345,843 tons,
all in good condition.
Nearly $300,000 in addition to
ordinary repairs has in that time been spent in the
purchase of new locomotives, taking the place of old
and worn-out ones. As a consequence, the company
has been enabled to increase its train-load from 201 to
305 tons. Besides this 156 miles of new sidings have
been added and 13 miles of second track, all paid for
out of earnings. Then also 360 miles of 80-pound
steel rail have been laid, replacing an equal amount
of 56-pound rail, the difference in cost having gone
Moreover, the main lines of the comIt says that into expenses.
of grain grown in th« United States.
every point on these lines is nearer by rail to New pany have all been thoroughly ballasted, and large
Orleans than to New ^ork, excepting only Chicago, improvements made in the shops and stations and
Altogether Mr. Ingalls considers that the
which is precisely 912 miles distant from each port. yards.
While tho Illinois Central does not directly reach physical condition of the property to-day is equal to
Minneapolis, the centre of flour-milling, it has close that of any of its competitors.
have stated that the mileage of the system is
still being extended.
Two additions are mentioned in
the report. The company has acquired the St. Louis
Indianapolis & Eastern KR., running from Effingham
Station in Illinois to Switz City, Indiana, 90 miles,
and it is now building the Fort Dodge & Omaha RR.,
which provides for a jline from Tara Station (near
Fort Dodge) to Councii Bluffs, la., 130 miles. The
latter, in conjunction with the existing road in Iowa
will give the Central i line under its own control
from Chicago to Omaha and Council Bluffs. President Stuyvesant Fish (s a firm believer in New Orleans as an export centrb of growing importance, aiid
the report points out thpt the States traversed by the
Illinois Central and its Yazoo & Mississippi Valley Road,
and those west of them, produce the exportable surplus
connections with that city, which
is
also nearer by
(representing
The
a
striking feature in the exhibit for the late year
York. The report is the great improvement that was effected in the net
As compared with the year preceding gross
notes, furthermore, that although the corn crop of results.
1898 was of notoriously poor quality, no complaint was earnings were added to in the sum of $399,268, and
received of any damage from heating having occurred at the same time expenses were reduced $322,813,
in the 19,670,336 bushel^ which were delivered by the making together an increase in the net of $722,081.
Central and the Yazoo & Mississippi Valley railroads In other words, net rose from $3,351,726 to $4,073,807.
for export through New Orleans.
Believing that the The effect of the change is very striking. In 1897-8
export traffic in grain from New Orleans will largely in- earnings were not quite sufficient to pay the 5 per cent
rail to
New
Orleans
thail to
New
crease, 500 additional grain cars, of
a capacity of 40
tons each, have been contracted for.
THE CLEVELAND CINCINNATI CHICAGO
<&
ST.
LOUIS RAILWAY.
President Ingalls mjtkes an interesting and a gratifying announcement in the annual report of the
Cleveland Cincinnati Chicago k St. Louis Railway,
which we print to-day on another page. He says
'* there is no reason
why from now on distributions
from the future neb revenues of the company, as
dividends to which the preferred stock
is
entitled.
In 1898-9, as already stated, there is a surplus of over
$700,000 in excess of the amount required for such
dividend.
The
result bears out
what Mr.
Ingalls said
He
then stated that as the
numbers of the equipment had all been filled and the
whole equipment brought up to the standard, it could
be maintained hereafter with only the expense of
ordinary wear and tear and replacements, and that a
large sum could be saved in expenditures on both
equipment and track. This is precisely what has
in his report for 1897-8.
ascertained from year to year, should not be made
among the stockholders." The significance of this
happened.
Notwithstanding the saving in expenses that has
announcement will appear when we say that the been effected in this way during the late year, it apreport shows that during the late year the company pears that the expenses included quite a large amount
for instance,
earned a surplus over and above the dividends on the for exceptional and special items
preferred shares equal to 2^ per cent upon the com. $51,246 for new sidings, $49,000 for new stations and
mon stock. In exact figures the surplus was $723,690, interlocking, $9,211 for land purchased, and no less
all of which was used in extinguishing liabilities of thdn $462,000 for extraordinary repairs upon shops
the company.
and purchase of new cars and engines. As in the
The property is now showing the effects of the wise previous years, nothing was charged to capital
and far-sighted policy that has been pursued in its account, everything being paid for out of earnings.
The increase in gross receipts during the year ocmanagement during the last few years. In this
period a great trarsformation has been effected in the curred almost entirely in the passenger department,
;
Very large reflecting in this the effects of business revival.
amounts have been employed out of earnings to im Freight earnings were slightly smaller than in the
prove both plant and finances. Mr. Ingalls evidently previous year, though the tonnage and tonnage move-
physical
condition
of
the
property.
THE CHRONICLE.
672
ment one mile were somewhat
heavier.
The
freight
fVoL. LXIX.
movement, but a
crease at all in the aggregate
loss.
though not heavily, and the aver- In wheat, while there was considerable irregularity as
age is now down to 5*41 mills per ton per mile. In- between the movement at the different markets, the
creased economy is shown in the operating results? aggregate receipts fell 1^ million bushels below last
the company having, by enlarging the train-load from year's small total; the corn receipts in the aggregate
278 to 305 tons, made its freight trains yield a greater were about the same as iu 1898; in rye there was a
rate again declined,
revenue per mile, notwithstanding the fall in the rate. considerable falling off. The details appear in the
The trains earned $1 65 per mile, against $1 52 in following table in our usual form.
1897-8.
Mr. Ingalls points out that through the re- BECBIPT8 OF FLOUB AMD OBAIN FOB TIVE WEEKS ENDING SEPT. 2
AND SINCE JANUABr 1.
tirement of 13,000,000 of maturing 7 per cent bonds
there will be a saving in fixed charges in the new fisRye.
Flour.
Wheat,
OaU,
BarUv,
Cor%,
(ftlMft.)
(tUih.)
(.bush.)
(blMi.)
ibtuh.)
IbbU.)
cal year of 150,000.
Through a settlement that has UMcago838,CS5
222,762
Aug..l8P9
473.963
2.167,876 11.28S,»77 17,e9S,6«8
been effected with the Peoria & Eastern, there will 55 wks.
443,308
31O.039
wks. Aug.,<8P8
S.447,897 12,»'9»,hOI' 12 940,13'
849,121
3,561.24V
6,01l.«74 1.813,073
17,061,983 85,314.679 75.22Since Jan.i, 1899
also be, the report tells us, an increase in the income Since Jan.l. 18^8 2,934.418 16,151,977 fc3,46i,843 68,037.393 7,123.b79 1,907,700
M< iB'tukre—
from miscellaneous securities. Altogether the out- 6 wks.
107,649
?08,20r
641,600
Aug.,1899
759,768
401,046
811.240
294,4I'0
161,800
69l,0C0
5 wks. AuK.,l«H8
48,775
861,450 1,615,0
more
than
to
be
3,«13,02i
look for this property would appear
976,661
Since J an. 1,1899 1,776,396
6.296,249
6,27?,340 8,f-43,w0'
991,720
Jan.l,
1898
7,348,001
Since
1,615.196
4,918,812
4,995,9
5,481,300
ordinarily encouraging, especially now that we have
it. Louii—
4,63=
26,132
3,379,' 30
l,152.25f
5 wks. AuK.,18P9
161,026
2,349,922
6.7.=.0
8,208
the assurance of large grain crops, with the likelihood 5 wks. AUK.,18«8 16«.976 1,826.72«| 1,9c2.2h5 1.0.1^,50?
228,145
8-2,215
324.035
Since Jan.i,18S'9
7.670,676
6,9 19,436 16,61 f,5rt(
406,322
587.4141
Since Jan.l, 1898
885,660
5.534,278 18,943,730 6,899.385
of a continuance of trade revival.
''I'-
('
V
iC
rnltdn—
5 wks. Aug.,1899
5 wks. AuB'.,18V<8
RAILROAD GROSS £JARMINGS FOR A UG UST.
The
is
still
record of continuous improvement in earnings
being maintained by our railroad transporta-
month
tion lines. For the
of
August our compilations
show almost as heavy a gain as those for July. In the
last- mentioned month the increase was $7,637,625, or
over 17 per cent.
Now for August the increase is
In some respects the
$6,515,170, or 13*48 per cent.
improvement for the latter month, though smaller, is
really more noteworthy than that for the previous
month, for in July there was a great augmentation in the grain
movement, which helped to
swell the amount of gain.
In August there was
no help from that source, as we shall presently show.
The improvement,
therefore, reflects mainly the mar-
over the United States. Of
course this year's increase in earnings comes on top of
velous activity of trade
all
an increase in 1898. In August last year conditions
were not altogether favorable, and quite a numoer of
roads suffered decreases in their revenues; but the
roads as a whole recorded a larger total than for the
year before.
In fact the gain then amounted to 2\
million dollars, and it followed almost 5 million dollars increase in 1897.
Here
five years.
is
Eamingt.
MiUaoe.
1896
189S
1897
1898
1899
Year
Tear
Tear
Qiven.
Precedino.
Qiven.
Precedino.
Miles
100.586
93,413
96,7^4
98, J 36
99,415
$
MiU»
(131 roada)..
(126 roads)
100.P33
(123 roads)..
(127 roads).
'118 roads)..
Jan. 1 to Aug. 31.
1895.131 loads)
1896 :121 roads)
1897 .119 roads)
W»8'(127 roads)
1899 (1 16 roads). ..
04.149
97.362
98,829
100.489
99.462
92 900
98.633
98.829
100.175
99.215
92.164
95,055
98,136
99.101
Ottrnit5 wks. AuK.,18P9
6 wks. Aug.,18i<8
Since Jan.l. 1899
Since Jan.l, 1898
126.000
2.64f-.979
l,fc87,eH8
601,600
172.138
199.941
701 9W8
1.97f
1,303
116,l.0ti
1,050,6 14
488,439
5-4.158
9'4,9;2
4.6«l.293
6,516.50
1.160.752
950.2.4
4.880.750
4,296,796
.......
1,459.900
1.4.9,460
11.317.3
10,8 4,360
1.644,050
1.018 850
6,449.750
6,Z45,700
1.0S1.348
71O.202
10,l*S74.i
26.7'"C
619.776
267,18fi
25.333
153,21'
119,238
1,()06.924
1'1.39V
l,98e,7P4
1,4-6,641
283.46T
8.684.831
l,998.3e8
86,150
74.100
299,450
314,760
4.<'32
463
59<'
29,9j1
2,326.7^8
3.614,446
7,0:3,13ff
67.711
60.111
673,121
219,197
55,347
128,011
188,766
363,970
Gievflan(\
5 wks. AuK,,18P9
6 wks. Aug.,lS^8
Since Jan.l. 1899
Since Jan.l, 1898
647.043
•
68,998
>
Ptorin—
5 wks. Aug.,1899
5 wks. Aug., 1898
Siace Jau.l. 1899
Since Jan.l, 1898
56.500
53.110
26-,200
273,381.
6,600
15.600
78.100
86,700
27.000
47.»'50
628 800
842 60o
-tuth5 wks. Aug.. 1889
5 wks. AUK..1898
ilnce Jan.l. ISOW
Since Jan.l. 1898
912.186
2,.'>48.264
7<<8.865
2,fi91,5«0
2.299.0O4
24,649,868
6,7^4.511
2,231,2a5
13.657.11:8
2,830,i371
6 whs. Aug.,189e
13,4»:5
4.179.970
5 wks. Aug.,1898
Since Jan.l. 189C
5.763
5,289,9<'0
316,810
306,470
114,fc2fi
48.674.931
31,706,260
mni
1
610.525
2
2)-»,74
18.>'6v
2«.3<:9i
2,715,791
3,643.410
6-2,7 a
10J.667
303.118
696.681
298,8631
1,340,141
J88 664
l^,268
avftUs-
Since Jan.l, 1Bk8
H ansas Cxtv—
5 wks. Aug.. 1899
5 wks. Aug.,1898
Since Jan.l, 1899
Since Jan.l, 1898
Tnta.1 nl all5 wks. Aue..l899
5 wks. Aug, .1898
Since Jan. 1,18W9
Since J an. 1,1898
101,164
3,060.000
3.868.0<.0
12 646,450
ll,4b0.000
sessio
5,871.1311
914 90"
7.4 42,- 40
2.279.450
6,251,856
f67,000
{44.000
345 000
,
.
3,966
10,800
300,000
••••••
6,»25.25(i
1.606.000
8.J»8,300
2 411,000
68fl,86»
2,114,748 20,349,794 20.£04.874 ?4.670,071 1,726 2f9l
1.578,542 21,712,821 20,5'«i.HBO IW. 80 491 1 2-i->,6M( 1.109.161
9,915,970 134,133,720 152.414,70-' 118o7f.V0l 11888.431 4,562,347
8,299,489 P9,58",130 117,{37,22r 1 71718-2 l.>4.73?.2l 61 6,344.760
The movement
Chicago indicates pretty accurately the course of the grain movement as a whole in
the West. The figures in the above table are based
on weekly returns, and cover the five weeks ending
September 2. Taking the resilts for the even month,
at
find that notwithstanding the large deliveries of
the August record for we
oats the total grain receipts at that point were no more
than about 28| million bushels, this comparing with
Tear
Awjiist.
Since Jan.l. 1899
Since Jan.1, 1898
955,000
475.286
3.991,025
2,926,832
18,674,740
11.172,091
70.866
45,002.443
40,361.739
45,056,637
48.88 \00e
67.874,90;
Increase
or
Decrease.
t
44,281.937 Inc.
41.444,18' Dec.
40.086,37» Inc.
46.682,554 Inc.
50,659.737 Inc.
million bushels for August 1898 but with 44
million bushels for August 1897. It appears, further-
27
more, that there was a falling
720,616
1,082,444
4.971,268
2.297,462
6,815,170
312,896,746 299.858,8K rnc. 13,037,901
300,782.21-' 285,668,821 I»w. 15.123 892
315.22i.269 .'!05,369,64e Inc. C,8C6,6S8
356,775.43 < 3)!2,069,51' Inc. 34.706.H7
399.70 .12' Srt7.'8« 171 Inc.^ ]iiP59
The fact that there was no expansion in the grain
movement is a noteworthy one, because comparison is
with a period in 1898 when there had been a striking
falling off from the movement for the corresponding
period of 1897. At the Western primary markets
off
at the
same point
in
movement, and in the deliveries of live
The number of head of the latter brought in
hogs.
in August 1899 was but 572,091, against 624,151 head
The live-stock movein 1898 and 643,721 in 1897.
ment as a whole shows deliveries of 21,896 car-loads
in 1899 against 22,783 car-loads n 1898.
the provisions
SBOEIPTB AT OBIOAGO DUBIMO AUGUST AND SINCE JANUABT
Since
AUQlLSt.
1899
1898.
1897.
1899.
fDieat.baBi
Oora...busb
1.922.317
2,946,060
4,041,165
U.87P,506
9.748.727
11,648.400
21,737,099
84,227.429
OaU..buso
10.134,883
11.400.126
17.527,420
Bye., .bust.
Barley.bush
197,932
762,485
3^0 044
659,279
638,140
497 730
January
18l>8.
15,«'39,210
1.
1.
1897.
6,836,182
h3, 112843 68,204,770
7iia4423 66.494.732 78.705.014
1796,314
6948,«89
1.88.''.436
1,408.692
6,9Si,156
7,164,066
Total grali 28,766,294 27,042,2(8 44.841.644 182^86,361 174,032,37H 167.809,663
the contraction then was no less than 25 million bush8.536,6H9
1,688.782
433,386
2.926,068
281,689
256,614
noar..bbl8.
els, as we showed in our article at the time.
As com- Pork....bbls
2,f42
1,147
2
614
96
962
pared with this reduced total in 1898 there has been Ontm'ts.lbs 16.283.027 16,635,766 17,161,579 137179,978 157.964 094 107.248.150
lbs
3.065 688
8,786.31!< 49,B7,18i 61.8C4.8l4 87.588,628
3,917,280
Lard
the present year relatively little increase. Indeed, l«i»e hosuN
6.>-20,021
672,091
6.693.710
6.342.461
624.151
643.721
except rather heavy deliveries of oats at Chicago,
There was also the present year sn absence of cercariying the receipts of that cereal about 5 million tain special favoring circumstances which last year
bushels above those for 1898, there would be no in- proved of decided advantage to several roads.
For
t
September
16, 1899.
THE CHRONICLE.
J
United States troops last
year added materially to the revenues of several of
the Southern roads and also to some other roads, like
the Long Island ER. The decrease in earnings now
673
instance, the movemejit of
reported by the latter company
is
directly attributa-
ble to the elimination of this special item of last year.
The
shown by the Florida Central & Peninfollows from the same circumstance.
These
large loss
sular
two comoanies are the only ones reporting a decrease
of as much as $30,000, as will appear from the following table, embracing all changes by the separate roads (whether loBses or gains) in excess of that
amount,
EABNIN08 OF TRUMK LINES,
1899.
Augtist.
1897
1898.
$
B.&O.S.W.
611.486
C.C.C.&StL
Peo.&East
G.T.of Can.
1,.364,101
l,'-'09,fl50
$
590,662
1,250,008
178,480
182,508
175.327
Ch.&G.T.
D.G.H.&M
2,381,559
1,992.802
280.024
lC0,5lv
N.V.C&H+
4,906.211
4,107,090
Wabash...
1,
62,955
1,28 ,293
4,246,879
1,'1'',>2
10,9>3,77?
l',4«9,fi99
Total....
'
Louisville
&
-
388 757 Minn.
..
&
Shore
St. P.
&
-
64,2-7
58.774
Atl.
S. Ste.
M.
& (it. North..
& Western.
289^96 Chic. Ind. & Louisville..
271 J. f^O Pitts. Bess. & L. Erie...
257i84lciev. Cin. Ch1c.&8r. L
236,h88 Chicago Gt. Western...
218,301 WestN. Y. & Penn
218^35 Buffalo Roch & Pitts.
371J379 ilnternafl
356^06 Lake Erie
Chicas- Mil. & St. Paul.
Great Northern Sys'm..
Northern Pacific
Baltimore & Ohio
Missouri Pacific
Illinois Central
5>-,094
67,.S.'S2
.
.57,028
|
Canadian Pacific
Mexican Central
Missouri Kansas & Tex.
55,316
54,451
52,193
51.144
49,6fi6
.
Interoceanic
193.'- 82 Minn. & St. Louis
179,662 St. Louis Southwest
48,670
44,802
21.'i,582
Wabash
40,.^00
154^98 Oregon KR. & Nav
33,319
138,661 Ala. N. O. & Tex. P. Sys.
31,433
115,299 St. Paul & Duluth
31,2J4
101,975 Colorado Midland
31,199
10 1 JPOO
Total (rep. 50 roads). $6,510,516
99J707
98,779
Norfolk
.fe Western
Mobile&Oftio
Kan. City Ft. Sc. & M..
Wisconsin Central
Rio Grande Western ...
Hocking Valley
St. Louis & San Fran
N. Y. Ont. & Western..
Mexican National
Texas & Pacific
Denver & Rio Grande
Chicago & Eastern 111..
.
~
Dul.
So.
417j699
Nashville.
Grand Trunk Svstem
Southern RailWHy
«ROSS
.
97,f>41
87,278 Florida Cent. & Penin.!
79,065 Long Island
72.700
67.009
Total (rep. 2 roads)...
.
156,480
55,920
$212,400
A glance at the foregoing makes it evident how
widespread and general has been the improvement in
earnings on the different roads, the New York Central reporting $798,121 gain (only $167,725 of which
arises from an increase in the mileage included); the
Louisville & Nashville, $417,699
the Southern
Railway, $371,379
the Milwaukee &
St.
Paul,
The prominence of Southern
$356,906, &c., &c.
roads in this exhibit \till not escape attention. If
some of them have suffered a decrease in earnings because they did not have U. S. troops to transport, as
in 1898, the most of them have had the largest traffic
and revenues for years, arising out of the activity
of trade and the wondejful prosperity of the iron and
steel industry,
in the South.
which
Au^st.
1899
Ann Arbor
1898.
The
cotton
movement
is
not
much
351,769
379,354
ChlcA West Mich.
401,435
446,i63
S59,65•207,614
Uel.G.Rap.&West.
137,075
Buff.Roch A Pitt
Chicago & East 111.
Chlc.Ind
& Loulsv.
.Klein Jol.
&
East..
ransT.&Terre B
;
rum AP.
Marq...
0entrhl t
Lake Brie A West.
Long Island
.lOU.Bvans.A St.L
"J. T. Ont. A West
i»lttsb'BA West'n.
rol.A Ohio Cent.
Pol. Peo. A West.
Voi. St. L. A K. C.
iVest. N. Y. A Pa
Vheel. A L. Brie.
>ilinoi8
.
Total
Since Janiuirv
1.
Portt.
189»
Mobile.
norlda
Barannah
Brunswick, &o
Oharleaton
Port Royal, Ac
WtlmlnKton
Washington, &o
llorfolk
Newport News, &c
utuvn
1898.
1897
46786
25.758
29,33«
1899.
1898.
2H97
19.243
56,649
1815
^SOl
931
lf|.835
4,650
643
24
2,037
i.l40
29
4,796
562,904
667.377
29,279
43,039
857,153 1,166,453
66 418
13rt,277
123.013
278,6J5
61,227
831.784
128.469
103.681
6?,127
869
63.21
3.891
26.14.3
t.eei
161
162
23,790
62.401
242
4.021
7,393
860
237
230,001
16.162
386
196 433
319
16,182
We
1W,511
60,090
^
8.59fi,t«34
9,8,421
8.9(<1,227
2.^.^,3:.=^
103,-'42
4,0
9,-81
15f'.62fl
1896.
$
105,392
292,616
t
93,681
300 848
30e,96P
94.451
23.l,lt3
204 764
292,390
329.726
2,590.2^7
3-7,707
230,' 19
147,45;
198,687
2.371,996
320,355
2.176,6S1
1,650,863
272,^6^
655.487
16 ,271
611.407
139,97-
483.803
307.779
176,116
386.862
293,020
161.860
38«.f^27
399928
271,685
289.«en
108,1
130,511
98.61)
87,545
70.140
185,4 99
83,946
213,066
205,477
362,500
166,637
301,356
143.94*
223,001
314.4-1
73,189
103,637
8,066,342
7,262,787
6,523,425
6,885,90i!
314,166
172,118
110.12:
(•8. 20
102.20P
96,761
104.756
206,528
221.241
331.468
259 202
1.708.658
1,756,74
353.738
320,4>.5
492.663
622.278
131.546
144,378
876,U00
378,871
262.791
301,32
239,178
186,195
89.631
91,260
182.99''
183,680
509,601
145,074
'7
t
99.652
296,174
875,618
296,788
156,261
105,966
275,015
Ji8,445
326,928
546,278
180',' 90
$
104,768
33i»,668
111,319
128.008
1894.
29<'.9'A&
al80,184
al30,5'9
126,257
122,694
274,877
]5?,011
1895.
329.943
180,567
312,>-42
32^215
180.809
6,331,283 6,372,620
MAKNINGS Of NOBTHWB8TBBN AND NORTH PACIFIC GROUP.
August.
1899.
BnrLOed.R.A No
433,659
2.42^,000
1898.
$
450,578
t
Canadian
Ohio. Qt.
Pacific.
West
Chlo.Mll.ASt.P..
2,210,865
526 440
678.683
3,376,693
245 859
3,019,787
181,572
OalnthS.8.AAtl.
2,297,814 2.008,418
Great Northern..
228,4t>4
194 543
Iowa central...
102.f-80
Hlnn.A St. Looio
237,682
31P,68r
37H.454
M. St. P. A S. S. M.
North ern PaclUc •2,571,026 •2,299,876
AGr.
3t. Jos.
Isl
.
at Paul ADuluti
Total
114.C65
159,*26
430.713
141.122
1896.
1897.
9
S
347,7" 8
387.538
2.232.115 1,8-7 485
41»,8'5
488.693
2.780.614 2.524.:-66
174,595
170,123
1895.
1894.
»
395,547
i
319,954
1,655,568
376,427
2.493,078
178,138
1,363,348
116,670
169,436
1,6?5,3rt?
408 9^5
2,6''2,P8f
112.'92
1,777,585 1,710.297
161.78t*
129,754
1,436,2 9
142,88-
170,116
2-5,776
194.815
1,628,560 1.865.518
64,181
121,446
139,46r
133.670
1,77 9,105
1,774.065
61,0'>-
75.151
116.745
404.783
198.711
316.073
267.291'
402,030
154,518
4f2,e03
I3,637,.344 12,109,343 11,016.675 10,116,176
9,74 3,fl36
191,220
Wisconsin Cent'l.
532 683
Includes proprietary lines
in
419.912
these years.
SABNINOS OF SOUTHWESTERN GROUP,
August.
Col.
Den.A KloUr
Ft.W. AD.C.
nt.AOt. No..
K.C.F.S.AM..
Ho. K. A Tex
Mo.P.AIr.Mt
L.
A
1897.
t
157,862
829,900
S
126,663
757.V00
1
168,583
117,247
113.C06
232,879
357.151
906,e 1
2,46H,412
121.895
271,501'
$
138,566
624,4 57
681,737
1894.
1896,
1896.
68.:-
92
«
>
161 429
641.800
113,731
668,570
73.1
29
2i-5.3'9
257,487
43>'.121
987.769
379,011
9*3,630
2,6al.245
1,990,722
2 057,9i'7
284,9 8
218323
227 991
402,318
840,049
1.965.226
193,628
615,805
615.396
637,827
59'',627
379,566
666.680
313.90.^
884.948
616.739
585.957
415,200
637.668
460.381
472.8B1'
369,236
540.247
7,793,884
6,762,287
7.058,538
6,980,168
6.129,826
290,973
472.450
1,1< 0,53:
2,695,000
West
R. Gr.
1898.
1890.
Midland.
372,7u0
€8t,-3i
S. Fr.
South w.
Texas A Pao
465,700
3t.L.
t258.1fll
t22964.'
433,700
881,311
1897.
329,5C0
43.867
BABNINQS OF SOUTHEBN QBODP.
643,5<*3
90.236
42,7i7
226,053
46 110
86,431
2«.274
29,554
169
177,232
8,662
August.
93,195 2,312,849 2,788,85S 1.750.608
have alrfadr stated that the improvement in
earnings extends to all parts of the country. In the
tables which follow we furnish comparisons for six
years for the leading roads, arranged in groups, so
that the reader miy see the results for each section.
1897.
1896.
1894.
1896.
1899.
1898.
t
«
150.382
417.012
1.038 304
417.345
304,707
a*-
108.022
113.931
112
87.130
91,429
1,866,746
1.778.103
1.650,7t8
350,06H
488 714
Ohio.
525,932
+626.932
Na8h.Chat.A 8t.L
1.062.70-'
Sorfolk A West.
t908.510
Southern Ry... 1
62,407.405 c2,126,086
Memphis DIv. S
812,11 »
27i',137
25081
490,718
401,02(
409,80:'
Alabama
Ot. So
Cent, of Georgia.
Cbeiap A oou>.
Om.N.O. ATex.P.
Oeorgia
168.499
426.62'^
1.102.744
42^,237
116,f93
Ean.C.Mem.ABir.
109,956
Lonlsv. A Nashy. 2.2B4,446
oioblle
Total.
1,27S,8
l,f
•,
Total
SalTeaton
TazasCity, &o
Hew Orleans .«
l,0t<3,2l)3
l,641,H9l
a Figures here for 1899 and 18.<'8 are simply the totals of the earnings for the
four weeks of the month as reported in the weekly ret Tns; tae month's
earniDKsusualiy exceed the weekly estimates quite considerab y.
t Includes tde operations of the St. Louis Alton & Terre H*ute for all th«
years. The Chesapeake Ohio & Southwestern and Ohio Valley are inc uded for
l8iJ8 ..nfl 897, and Chicagc A Texas tor 1899 ana 1898. Results on Yazoo
189
Branch are n(t included for 1899 and 1H98.
* Fourth week of August not reported; taken same as last year.
3t.
Aiioust.
l,21f,078
178,424
296.545
246.7 7
173,986
125,764
114.486
302,63r
137.9.54
Hocking Valley...
of
against 28,271 bales.
BB0BIFT8 OF COTTON AT lODTHEBN PORTS IN AUGUST AND FROM
JANUARY 1 TO AUCUST 31, IN 1899, 1898 AND 1897.
<
118,631
a factor in the busine® of the roads during August,
though the pr^^sentyear it was heavier than usual in
that month.
At the Southern outports the receipts
were 106,511 bales in 1899, against 60,090 bales in
1898, while the shipments overland were 33,720 bales,
l,29,2i'4
171,784
87,042
220,555
1 01,286
3,856,600
1,227.852
1897.
132.391
growing magnitude
latter is of
$
602,030
1
BABNIN08 OF UIDDLB AND HIDDLE WB8TBBN ROAD8.
;
;
9,574.111'
52. -'46
+ Includes after 1897 the Beech Creek RR. and after 1898 the Fall Brook
system.
<
EARNINGS IN AUGUST.
Increases.
Increases.
New York Centr .1
$7981121 Chesapeake & Ohio
$64,440
PRINCIPAL CHANGES IN
$
540,953
1,123,960
14 .605
1, 643,2 ^2
238,712
90,319
3,758,8d0
1,712,Pj8
1894.
18^5.
1896.
$
614,661
A
Total
9,211. 3-5i
7995,462
t
$
I
t
123,441
13'<.964
119,000
382,251'
3>-2.74l
394. lef,!
3)^0,404
1,0'W,40P
e«2.-69
f66,747'
5,500
481^
320.391:
93,a4
89. 06
82.70fl
936,388
292,000
100.119
81,838
l,'5,74e
8-0,078
1,011,672
6i
1,72 .1«0J 1.6f2.667
I
84"»,fi3:il
233.320
892.658
959,626
95.705
107,80?
1,486.795
100.337
7,874,339 6.684.266
6.776.141
6,783 196
144?O0'.
1,747,356 5
(
1.6S8.5'f<j
A Birmc These flenres include results on South Carolina A
ineh>im and 161 miles f Atlantic A Yadkin.
tFlgurenar api^rozlmate sarae as ror 1S99; aotual earnings were larger.
* AuKUSt, i89v, not reported; taken same as lo98.
Georgia, Mobile
THE CHRONICLE.
674
GROSS BARWiyGB AND UILEAOB IN AUGUST.
Gross JSarnings.
Name
of Road.
1899.
1898.
168.499
N. Orl.& Vo. East..
Ala. & Vick8b
Vicksb Shr.&Pac.
Ann Arbor
Atlanta Knoxv.<feNo.
Ba timore & Ohio ...
Balt.& Ohio Southw.
Butf. Rooh. APittsb..
Burl. Ced. R. &No...
Canadian Paolflc...
Central of Georgia.
Chattan. Southern...
143,388
57.098
49.916
ChesapeaKe
Ohio.
<s
&
13?.,391
37.417
2,759.860
611,486
401,435
433.659
2,429,000
426.626
7.032
1,102,744
446.363
578,633
359,658
3,376.693
Ohio..
East Illinois
C4I0. Great Western
Chic. Ind. & Loulsv..
Ohio. Mil. <fe 8t. Paul.
Ohio. Peoria & 8t. L.
85,4,53
Cblo. Term. Vt. RR..
Ohio. & West Mich.*.
Choe. Okla. & Gulf...
Oln. Georg. & Ports..
Cln. N.O. & Tex. Pao
Olnn.Portsm'th & Va.
01ev.Cln.Ch.&8t. L..
Peoria & Eastern
Clev. Lorain &Wheel*
Colorado Midland ...
Ool. Sand. & Hook'g..
Oenv. ARioGraade.
Det. Gr. Ran. & West.*
Dul. 80. Shore &Atl..
.
104,107
137.302
120,00^
7,473
428,237
34.906
1.364,101
178.460
116. H94
157.862
82,v98
829,9<i0
90,253
245 »5
150, 2
120.406
50.345
48.248
118,634
27.218
2,502.676
614 661
351.769
450,578
2,2 1 (J. 8 1).^
417,012
5,8i<8
1,038,304
379,354
526,440
302.630
3,019,787
68,562
104,415
113.S72
95,000
5,912
417.345
28.9< 8
1,309.650
162,503
90.073
126, 6e3
94.49a
757.200
83,75"
©».
Gr. Trunk of Can..
86.4)42
AGr.Tr'k.
2,381,559
1,992.802
&East..
Evans V. & Indianap.
36
& T. Haute.
Evansv.
Worth & Den. C.
Worth & Rio Gr..
Gadsden & Att Un..
Ft.
Ft.
1.311
116.033
93,100
..
& Alabama.
South. & Florida
:nxa
Chic.
Det.Gr.Hav.&M
St. No.— 8. P. M. & M
Eastern of Minn..
Montana Central.
Onlf Beaum'tA K.C.
Hockltg Valley
Central a
Internafl & Gt. Not
Interooeanlo (Mex.).c
Iowa Central
Iron Railway
Illinois
Kanawha & Mich
Kan.C. Ft.8. &Mem..
Kan. C. Mem. & Bir.
Kan.City&N.
'^10
137,954
292,390
186,996
117,247
31,838
Flint APere Marq...
Fla. Cent'l & Penin..
Georgia
Georgia
W
1,853,926
263,682
180.V06
25.1
1>»
329.; 26
2,590,2^7
290,973
280.700
223,494
5.726
52,901
472,450
109.9.55
& Nashville..
Macon & Birmlng'm.
33.872
22.882
42,497
377,7<7
39,023
555.4«7
15.158
167,271
55,464
2,284,445
4.333
Manistiaue
Mexican Central
8.367
1,278,39V
Mexican National..
Mexican Railway.
Mexican Southern*..
568,849
333,000
43.101
237,682
378.454
1,100,533
Kan. nty & Omaha..
Kan. City Sub. Belt
& Western.
& Hud. River,
laike Erie
Lehigh
iiong Island
RR
Los Angeles Term'l..
Loulsv.Evans.&St.L.
Louisv.Hend.&St.L..
Lonlsv.
Allnn. & St. Louis
Mlnn.8t.P.<&8.8te.M
Mo. Kane. & Tex. svs
Mo. Pao. Alron Mt.
Central Branch
Mobile <fe Ohio
Mont. & Mex. Gulf...
H.Y.Cen.&Hud.Rlv.J
BT. Y.Ont. AWest...
Norfolk & Western.
Northern Pacific
Ohio River
Omaha K. C. & East.,
Omaba & St. Louis.
Oregon RR. & Nav.
Peo. Dec. & Evansv.
Plttsb. Bess. & L. E
Plttsb. Llsb. & West
Plttsb. & Western...
Plttsb. Clev. & Tol
Plttsb. Pa. & Fair.
.
Rio Grande South'n
Rio Grande Western
&
St. Jos.
Gr. Island.
St. L. Chic.
St. P.
&
8t L. Kentiett&So..
&
St. Louis
3. Fran.
St. Lonis Southwes'n
8t. Paul& Diiluth...
Ban Fran. & No.Pac.
Santa FePrea.&Phx
8her.8hrev.& Bouth.
Southern Railway...
Texas Central
Texas & Pacilic
Tol. & Ohio Central.
Tol. Peoria* West'n
Tol. St. L. & K. City
Wabash
West. N. Y. & Penn.
Wheel. <fe Lake Erie.
Wisconsin Central..
Total
(Md
Increase or
1899.
Decrease.
150,382
181,572
126,257
33,522
122,«94
274,877
343.476
113,006
27,831
538
10P,022
£6.383
73,300
Elsrtn Joliet
GROSS EARNINGS PROM JANUARY
1,575,697
287,600
145.121
16,361
230.019
2,371,996
232,879
232,030
194,543
4,157
47,619
357,151
87,130
27.052
21.835
49.740
320.355
32.788
611,407
12,109
139,97^
41.134
1,866,746
4.451
7.560
1,062,817
431,571
306,300
36.617
192.880
319,6S0
906,651
2,564,01
2,339.412
131.000
488,714
119.75«
4,905,211
483,80a
119,000
350,053
115.296
4,107,090
385.862
908,510
2,299,876
1,062,7C8
2,571,026
110.371
37,595
44,849
615,002
90,117
235.7 4
4,297
177,589
89,934
40,256
43,966
372,7<iO
141,122
32,535
8,500
684,736
455,700
191,220
97,082
73,674
25,342
2.497,405
25.502
616,733
176.616
98.614
185.489
1.462,955
352,510
165.53
63?,6?8
88.27;-
84.855
.50,430
581,683
82,524
180.471-
3,912
150.91/
9a,921
43,187
42,991
271.500
114.065
31.t43
5.602
585,957
415,200
159.926
89,931
63,298
22 070
2,126 026
18,593
537,668
161,860
83,946
213,066
1,2S3,293
301,356
143,944
430,713
Same
1898
+ 18,117
310
+22,9S2
+6,753
+1,698
+13,757
195
142
189
292
+ 10,199
228
+257,18' 2,047
—3,175
921
336
+49,666
— "6,919
1.136
+218, 3^ 6.952
+9,614 1,524
+ 1,134 J 05
+ 64.440 1.360
310
itl.
22>-
Bait.
1.136
6,67 8
1,524
106
1,360
+ 67,009
64>-
+52,1 93
+57,' 28
930
535
648
930
535
+356.906 6,272
+16,891
232
6,154
—308
+18,430
+25,000
+1,561
+10.8J*2
+ 5,998
+54,451
+ 15,9.57
74
6'4
272
42
336
232
74
614
226
42
336
1111
111
l,83^ 1.8S8
352
192
346
273
362
192
+26,821
346
+31,199
—12,195
27o
+72,700 1,673 1.673
451
+6.496
451
589
+64.^87
589
1«7
197
+24,369
+2,48f
156
156
16+15.260
167
+17,513
657
667
—156.480
940
940
+4,241
453
453
146
14t
+ 4,007
+773
11
11
+8.071
—3,283
307
458
285
307
458
285
+388,757 4,03f
4.036
+ 13,122
4,031
4.031
—23,918
+35,085
+8,757
+99,707
172
262
65
346
172
262
(-218,301
3.679
3.671
+58,094
775
+ 48.670
531
+28,951
509
20
172
975
276
174
194
775
631
509
2«
172
975
1,.'5
6h
+5,282
+ 115,299
+22,825
+6,820
+ 1.047
65
346
27«-
174
194
32
725
90
-7,243
32
725
+57, 52
90
+ 6 235
—55.920
379
379
50
50
+3,049
372
+27,293
37a
166
+14.3d0
166
+417,699 2.988 2,988
-118
97
97
+i-C7
59
59
+215.582 1,956 1.956
+87,278 1,266 1,219
321
+26,700
321
+ 6.484
227
507
227
366
1,195
+44,8t2
+68,774 1.195
+193,S82 2,197 2,197
+224,588 4,938 4,938
388
388
+ 12,0t
879
+138,661
879
390
+ 4.462
390
+798.121 2,^28 2,685
481
+97.941
481
+ 154,198
1,551
+271,150 4,963
224
+2^.098
169
+2,740
145
—6,581
+33.319 1,065
331
+7,593
228
+56,3 6
1
+385
+26,677
-8.987
—2.931
+ 975
+101.200
+27,057
2
206
77
53
180
582
251
111
+892
44
+2,8-8
+98.779 1,385
1,561
4,862
22"
169
145
1,066
331
228
28
206
77
53
180
582
251
111
44
1,282
1,223
244
+40.500
+31,294
+7.151
1,22:-
+10,37.'-
198
153
165
198
153
+ 371.379 5,974
5,96 a
176
+6,909
+79.065 1.499
176
+3,272
+ 14,756
+ 14,668
lliCIUUC
&
TO AUGUST
&Ohio
&
Canadian Paciflo
Central of Georgia
Chattanooga Southern.
Chesapeake <fe Ohio
Ohio.
Cblo.
Chic.
Ohic.
Chic.
Chic.
Chic.
&
East'n Illinois..
Great Western...
Ind.
&
Loui»<v
Milw. & St. Paul..
Peoria & St. Louis
Term'l Transfer..
& West
Michigan*
244
165
371
248
451
—27,567
+179.662 2.326
642
+ 51,144
+ 21,59?
247
+101.97.-
937
1.498
371
248
451
2,326
642
247
937
1.352.831
1,094.884
Choc. Oklah. & Gulft...
Ci«. Georg. <& Portsm'tb
C!in. N.O. & Texas Pac.
Clnn. Portsmth & Va..
Olev.Cln.Chio. &8t. L..
Peoria & Ea stern
Cleve. Lorain
& Wheel
44,757
3,046, -82
201,010
9,555.013
1,268.294
1.084,636
1,093,792
538,18^
5,935.7^2
987.250
l,520,07i
1.168.400
*
Colorado Midland
Ool. Sand. & Hocking..
Oenv. & Rio Grande
Det. Gr. Rap. <fe West.*..
Dul. 80. Shore & Atl..
.
El^in Joliet & Eastern.
Evansv. & Indianapolis.
2;<0.h27
Evansv. & Terre Haute.
Flint & Pere Marauette.
Fla. Cent. & Peninsular.
Ft.
Ft.
883.." 06
2,147,405
1,775.886
956,974
295, 46
6,695
Worth & Denv. C...
Worth & Rio Gr'de.
1
& Atalla Un..
Georgia
Georgia & Alabama
Ga. Southern & Florida,
trand Trunk
Qattsden
1,120,713
101,352
920.622
428.833
423,713
144,825
24,277
31.
Eastern of Minnesota.
Montana Central
Gulf Beaumont & K.C.
Hocking Valley
Illinois Central «
Int. <» Great Northern.
tnteroceanio (Mex.^t-Iowa Central
1,136,167
9&6,OW9
38.975
3,006.126
177,646
9,354.951.2i5.b95
933.176
1,036.2 7
546.475
5,345.930
S09.909
I
1,205,362
984,027
204,731
825,3 6
1,923,S75
2,090,60/
853,630
281.389
4.80:
Kansas City & Omaha..
Kansas City Sub. Belt..
Lake Erie & Western...
310,618
1,644.742
13'<,279
4.
'33
16 .355
3^-0.531
448,797
278,585
3,427 090
38 308
50.390
216,664
13-,795
5.782
40,256
23,354
20«'."56
5* 599
151,460
57,575
8,290
589.792
77.:-
41
3l4,7i7
184.373
16.096
58.120
224.030
314,721
103,344
13,7i:
1,888
51,838
15,233,300
1,264,657
12,169,313
1,643.399
10,903.927
1,217,824
1,309.124
114.617
1,685,93
1,265.386
425,575
<
.
179,788
27,665
16,497.957
188.320
2,074,915
18.68 ,022 17,e54.58'>
2,241.205
2,111,071
2,521.600
2.102.500
1,430,175
1,228,721^
38,732
32,9 2
421,285
362,215
3,209.67
3.137.070
939,130
942,993
212,846
222,458
157,999
160,486
Iron Railway
10.199
48.C85
605,176
"2,569
l,262.95i)
46,171
'73.703
l,03<i,433
130,1 4
419,100
201,146
5.770
62,070
72,607
3,863
3.612
2,487
350,550
.317.113
33.437
2,232.681
194,) 66
315,816
242,250
3,032,433
2,984.949
80,373
61.614
1,105,977
992,877
Louisv. Hend. & St. L..
381,621
315,498
Louisville & Nashville.. 16,324.351 14,617,250
Macon & Birmingham..
39.639
34,900
Manistiaue
60.622
79.377
Mexican Central
10,023,753
8,820,64 8
Mexican National
4,608,311
4025 998
Mexican Rallwa.vt
2,975,800
2,7o8,fcOO
Mexican Southern*
497,319
435,94 3
Minneapolis & St. Louif
1,736,954
134 6,508
Minn. 8t.P.&S. 8te. M.
2,l3H,0-<3
2.689,004
Mo. Kan. & Texas sys.
7,055.38
6,1362.22.1
Mo. Pacific & Iron Mt.. 17,236:551 16.$66.026
Central Branch
768.377
882.262
Mobile &Ohio
3,440,919
2,763,416
Mex
Monterey &
Gulf
831.575
982,70
». Y. Cent. & Hud. Riv.
31.892,647 29.2-<8,980
S.Y.Ontario & West'n.
3.107,287
2,467,803
Sorfolk & Western
8,001,524
7,237,054
(Northern Pacific
15,2,- 8 230
16.422,09
Ohio River
694,120
601,044
4,3h2,>'52
Oregon RR. & Navigat'i
4,248,963
Peoria Dec. & Evansv
553,465
522,080
Plttsb. Bess. «fe L. Erie.
830,141
1,083,692
Plttsb. Lisbon & West'i
30,028
29,53(
Pittsburg & Western...
1,147.322
1,2 1,694
Pittsb. Cleve. &T0I...
628,055
70S.434
270,b66
Plttsb. Palnes. & F'pt
250,(»88
29H,984
Rio Grande Southern.
301,274
2,l05,36h
Rio Grande Western . .
2,334,169
76":.8
881,427
St. Jos. <& Grand Island
21*'.149
St. L. Chic. & St. Paul..
227,607
St. L. Kennett & South.
57,227
41.73
St. Louis & San Fran..
4,728,856
4,360,214
St. Louis Southwestern
3,503.644
3,191,054
97398:St. Paul & Duluth
1,148.533
San Fran. & No. Pacific
609.8 '8
544 3^4
Santa Fe Pres. & Phx..
5S^0,708
629,29(
Sherman Shreve.ASo..
201,912
167,ia7
Souihern Railway
..
17,043,530 15,439,ni4
Texas Central
174.860
166,365
Texas & Pacitlo
4,921.239
4538,J16
Toledo & Ohio Central.
1,244,455
1,185.7)6
617.U&
Toledo Peori a & West'n.
643.830
73,566
47,434
IH.759
1 3,100
66,123
,
1,707,101
4,739
18,755
1,203,105
582.3 3
>
266 900
6i,a76
390,440
252,961
3 '3.166
670.625
113,885
,
,
ToLSt. L.
A
Wabash
West. N. Y.
Kan.
City.
A Pa
Wheeling & Lake Erie
Wisconsin Central
Total (116 roads).
Net Increase
.
,
1,249,581
9,727,910
2,290,557
1,073,503
3,498.086
677,503
l"5i*,l34
2,603,667
6 9.4'-
764,470
l,183,86v
93,0 6
113,889
31,3-«5
25b,548
4^2
104.572
26'5"78
74,379
2.290
228.8 3
113.537
9 458
15.490
P68.642
31',^ .590
174.5'<0
5.494
61,418
34.7.5
«
l,f04.5 ^
8,795
382.4v;3
58.739
26,412
108,211
l,357,'9ii
l,957,';9l
97 1.6 2*1
332,766
950,(71
3,170,589
122.802
327.497
8.756,8-9
13,489
388 983
2,426,847
Lehigh & Hudson Rivei
(jong Island RR
Los Angeles Terminal..
Loaisv. £van8V.<& St.L.
Decrease.
'83.1'?5
646,50.-
771,168
M
Kanawha & Michigan.
Kansas C. Ft. S.&Mem.
Kan. City Mem. & Bir.
Kansas City AN. W
Increase.
967.14V
784,65643,95
1,008.98'
4
& Gr. Trunk
Det. Gr. H. <fe Milw
great No. St. 1*. M. &
3
453,110
413,514
1,027,780
944.' 45
252,408
203.523
19,042,221 18,437,045
4,343.214
4,523.002
2,466.596
2.494.. 6
2.99^,036
2.682,418
17,502.989 15,858.247
3,468,970
3,3;0.«91
50.195
46,0f 2
7.905.O38
7,740.6'3.050.015
2.(99.484
3,960.926
3.512,131
2,407.683
2,129,098
24,741,451 21,314.361
583.416
545.108
822,028
'71,638
ialt. <te O. Southwest...
8utf. R0(>h.
PlttsDurg
Surl. Ced. Rap.
No...
&
1888.
$
1,065,447
North'n.
Chic.
+ 279,229
+
&
\nn Arbor
Knoxv.
1899.
1,222,065|
Northeast'n...
Alabama & Vicksb'g. .j
Vicksburg Shr. <fe Pao.
195
142
189
292
2,047
92j
339
of Road.
Alabama Gt. Southern..
Ua. N. O. & Tex. Pao.—
N. O.
5'^.'<74.«0 ^'>..'^59.7?l7i 4 8.8' 5.1 7f 100,4fl999,415
roadp)
Fall oruok system lur isaa Out not for 1898. For August
1898 the e»mlng8 of that system were $167,725.
" For three weebs only.
a For four weeks to August 20.
1
1
LXIX.
Mileage.
$
Alabama Gt.South'n.
Ala.N.O.Tex.&Pac—
[Vol.
399,700,123 367,588,171 33,30 S490 1,196,538
32.1 1,952
* For three weeks onl.v In August.
To August 26.
o Chesapeake Ohio & Southwent'n and Ohio Vxlley roads are included
for both years. Results on the Yazoo Branch (140 mil s) are included
for 1898 only.
t Totals for month of August a,re for railroad only.
t
SEPTsaiBER
THE CHKONICLE
16, 1899.
575
The scare in the South African market was intensified,
ITEMS ABOUT BANKS, BANKERS AND TRUST GO'S.
by a sharp fall in the Western Ausiraliaa market,
—The public sales of bank stocks this week reach a total of moreover,
which was mainly due to efforts to check the wild speculawhich were at auction. Of trust
stocks 420 shares were sold, also all at auction.
331 shares, all of
companj
Included in the transactions in trust company stocks were
Trust Co. of America at
prices ranging from 250 to 265, and 175 shares, in four lots,
of the Produce Exchange Trust Co. at 195 to 200.
sales, in six lots, of 220 shares of the
SKares.
Banks— iiTew
12713
Last previous sale
Jnly '99— 270
July '99— 4 0-^12
May '99- 175
Auer. '99— 254
May '99— 94
June '99— 112
Sept. '99- 127i«
250-265
195-200
31OI4
Sept. '99— 265
Aug. 's^9— 2oO
Aug. '99— 321
Price.
York,.
80 Commerce, National Bank of
3 Gallatin National Bant
92 Merfhants' National Bank
8 New York, N. B. A., Bank of
51 Ninth National Bank
87 Phenlx National Bank
10 State of New York, Bank of the..
260'^
405
177
2^0
90i8-91
Ill
. .
Trust Companies— JV^cmj York.
220 America, Trust Co. of
175 Produce Exchange Trust Co
25 Washington Trust Co
—Richmond, Va.
eral prosperity.
..
seemB to be having its share of the genThere are eight banks in the Clearing
,
tion that has been going on for some time past.
For three
or four months, in fact, there has been an almost unbroken
and a very remarkable rise in the shares of certain Western
Australian gold mines. The speculation has run mainly upon
about half a dozen of these properties, and in some cases the
rises have been very extraordinary.
As always happens,
people with very small pecuniary needs have speculated
upon a very great scale, and the Stock Exchange at last became alarmed. For the past two or three fortnightly settlements high rates have been charged in the hope that in that
way weaker speculators would be warned. But the speculators refused to take the warning, and as prices continued to
advance, they felt quite happy. At the settlement which
began on Monday morning it was well known last week that
great difficulties would be made about carrying over accounts. Brokers, therefore, induced their clients to sell on
a considerable scale last week. When the setilement began
on Monday the apprehended difficulties occurred, and it was
found impossible in some cases to carry over faccounts.
There was. however, only one small failure.
The effect of this action in the Western Australian market
and the monthly clearings of
these institutions thus far this year show notable gains com- heightened the flurry in the S'^uth Alrican, although, as a
matter of fact, there is hardly any " bull" account in the
pared with the corresponding period last year, indicating South African market. But probably many of the specula"that the business of the city as well as of the banks is in- tors in the West Australian market were also operators in
creasing. The banks report that they have more accounts the South African market, and had to sell their holdings in
on their books than ever before, and while money is plenti- the latter to meet the difficulties in the former. Ic is believed
now that the shaking out of weak "bulls" has been comful there is an augmented demand for it, thus giving the
pleted far enough to make it safe to allow another sharp adbanks a larger revenue. The proposed consolidation of the vance, and in fact Western Australian shares began to rise
National Bank of Virginia and the Citizens' Exchange Bank very rapidly on Wednesday, and they made still greater
has heretofore been noted in this column. Jadge George L. progress on Thursday.
In the other departments there is very little doing. The
Christian, who will be thePresident of the consolidated bank,
unfavorable New York bank report on Saturday has had a
is an authority on finance. Mr. W. M. Habliston, who will be
deterring effect in the market here, and the rise in the
Vice President, is now Vice-President of the National Bank of Argentine gold premium has likewise caused a further fall
Petersburg, Va., and he ^ras, until recently, Vice-President in Argentine securities. In British securities there is little
movement. Consols are rather weak, partly under the influand General Manager of the Richmond Traction Co. The ence of the stoppage of Government purchases for the savExchange National Bank, with a capital of |200,000. will ings banks, and partly in consequence of sales by great capsoon be organized in Richmond. Its President will be Oliver italists to meet the needs of the mercantile community.
In Paris there is a somewhat more hopeful feeling this
J. Sands of Fair mount, "W. Va.. who is now National Bank
week in spite of the Guerin comedy and the exhibition that
Examiner for Virginia and the District of Columbia.
is being offered the world by the generals and their confederAt the reg^ular meeting of the Governors of the New ates at the Rennes court-martial. In Germany business is very
York Stock Exchange on Wednesday the resignation of active. Money is in good demand and rates are stiff. Still,
George W. Ely, the Secretary, was accepted with regret. there is a more confident feeling than there was. and the
hope is expressed that the stringency by and by will not be
Resolutions were adopted expressive of the appreciation by so great as was apprehended. In the meantime the harvest
the Governors of the services of Mr. Ely, during his twenty- in Germany is splendid, and all business is highly prosfive years' oflflcial connection with the Exchange as Secre. perous.
The money market here is easy and the bankers and bill
tary, and wishing him prosperity and success in his new field
brokers are at present inclined to think that September and
of labor. Mr. Ely, as was announced in this column Septem- October will be less trying months than a little while ago
ber 2, has been chosen President of the Bankers' Trust Com- was anticipated.
It is certain that the Bank of England
pany, which institution will begin business in this city about has for some months now received all the gold that came
from abroad, that it has added largely to its reserve, and
the middle of October.
that, therefore, it
position
face
House Association
of that city,
—
—It was noted in this column August
is
in
a
much
better
to
autumn demands than it was a little while ago. But
whether
the autumn demands will be large or small depends
institution, to be known as the Federal Trust Company,
mainly upon the course of affairs in the United State's
with a capital of $1,000,000, and a surplus of $500,000, was Germany and South Africa. If gold shipments to New York
about to be organized in this city. It is now officially an- should begin on any considerable scale, the Bank of England
nounced that the proposed incorporators of the company are: rate will certainly be put up to 5 per cent, and possibly may
Thomas T. Eckert, Frank Jay Gould, Henry Marquand, have to go higher.
Backers and other high authorities who have visited GerGeorge J. Gould, John P. Munn, W. H. Thompson, W. F. many during the past few weeks are coming back now with
Havemeyer, Edwin Gould, Charles A. Gardiner, John J. the impression that the money stringency during the next
Tucker, G. E. Fisher, Howard Gould, T. Wistar Brown and couple of months will not be so great as was apprehended.
S. G. Bayne.
The location of the company will be at No 7 That there will be very considerable stringency is certain;
but that it will not be greater than it was last year seems to
Wall Street.
be the general impression. In Germany itself bankers are
—Mr. George Leask, of George Leask & Co., one of the inclined to think it will be even less. They urge that in the
19 that a
new
trust
the
place the stringency of last year has been taken as a
and a well- first
warning: that preparations have been made and that, conseknown authority upon mercantile names in New York and quently, the public will not be taken so much by surprise.
elsewhere, especially in Eastern cities, returned on the Therefore they think that the gold demands will not be
On the other hand, it is certain that the German
Oceanic this week from Europe, where he has spent a well- large.
wheat harvests, indeed all the harvests, are excellent. As deearned vacation.
mand for morey for moving the crops will be great, and as,
at the same time, trade is very active and speculation fairly
largest dealers in commercial paper in the city,
active, it is quite possible that the present opinion
may prove
wrong and that the stringency by and by may be very great.
With regard to South Africa, it is obvions that if war
own oorresponclent.]
London, Saturday, Sept. 2.
Mr. Chamberlain's speech at Highbary, Birmingham, on
sVionld break cut and should last for any length of time, the
export of gold would have to be suspended. At the present
day week, dtclaring that the present critical state of
things in the Transvail could not be allowed to last much
longt-r, and that a solution one way or other must soon be
insisted upon, sent a tremor through the mining market on
Monday, which became even more accentuated on Tuesday.
The eflfect of the speech was heightened by alarmist rumors
from S >uth Africa, one of which was to the effect that the
Boer Government hai intimated that it would yield nothing
more. There appears to be no ground for the statement.
Another was tbat, British troops were being hastily forwarded to the Transvaal frontier, which seems likewise to be
jramature.
time we are receiving from South Africa over \}'i millions
sterlirg of gold per month, and the stoppage for any length
of time of such a supply would have a great effect, no doubt,
upon the money market, especially if the employment of a
larger military force should necessitate the remittance of
muc h gold from this country to South Africa. But the best
military authorities are cf opinion that if. unfortunately.
President Kruger should be so mad as to refuse all redress of
grievances to the Uitlanders and so to plunge into war,
the struggle would be very short-lived. The Boers, however
brave, are rot highly disciplined or well rganized, and
therefore it does not seem probable, to say the least, that
iFri^monr
this
>
THE CHRONICLE.
576
they would be able to offer a protracted resistance to a
highly-disciplined and well-organized army. Upon the whole,
therefore, the impression at present here is that the autumn
string! ency will not be so great as a little while ago was
thought inevitable.
The India Council continues to sell its drafts very well.
It offered for tender on Wednesday 40 lacs, and the applications exceeded 1,000 lacs. The whole amount offered was
disposed of in bills at about Is. 3 31-32d. per rupee.
The following return shows the position ot the Bank of
England, the Bank rate of discount, the price of console,
SCO,, compared with the last three years:
1899.
1898.
Aug.30.
Aug.Sl.
28414,620
87.935,395
7.573,011
9..M0e,781
Prop, reserve to liabilities, p.ct.
rate
percent.
Consols, 29< per cent
60M
Bank
31^
ICbU
27 3-l^d.
133,302,C0D
&
Messrs. Pixley
August
a
27 522.605
6,974 606
28,004,95
7,h5 Sib
89 1)8.317
61.:-8068a
14,P44.9h5
28.4Jt.558
33.32' 678
23,867,s23
24,56- .64i
4l,0t4,2S3
86,772,737
35,003,218
56 16-16
62^6
48?^
2
2
2^
110 11-16 1117-iflxd. 112 -16 xd.
30^d.
271ll8d.
2SU<x.
144,641,000 164 142.000 150.776,00i
89.937.599
40,2»4.3( 4
13<i'4858
Gtoverament securities
28,794.';iJ5
other securities
Reserve of notes and coin
24,118.923
Coin & bullion, both departm'ts 35.733,546
BUrer
Olearins-House returns
£
£
£
OlTCnlatlon
Public deposits
other deposits
1896.
Sept. 2
J 897.
Sept.l.
13413.096
13.43",7i^6
30,.347,a87
27,42.146
Abell write as follows under date of
[Vol. LXIX.
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Sept. 11, and from January 1 to date.
EXPORTS FROM NEW YORK FOR THE WEEK.
specie)
For the week..
reported
I»r6V.
1899.
1898.
1897.
$8,528,3^7
306.401,783
$8,666 204
325,573,891
$7,859,411
275.604,b73
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. 1899. and for the corresponding periods
in 1898 and 1897.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Week.
$9,02'^,000
Prance
West Indies
Mexico
South America
$12,006
52,600
Total 1899
Total 1898
Total 1897
;
The quotations
Gold.
London Standard,
for bullion are reported as follows
Aug.
Silver.
31.
24.
London Standard.
d.
s.
Bar
gold, fine
oz. 77
gol coin...oz. 76
Germ'o gold coin. oz. 76
U.
S.
77
9
9
513 76
1
5ifl
6^ 76 6^
French gold ooln.tiz. 76 6»2 76 61a
Japanese yen
oz. 76 5
76 5
d
d.
d.
s.
24.
Bar silver, flne...oz 27^
Bar silver, contalnV
do
do
do
5 grs. gold.oz. 2759
4 grs. gold.oz. 277,^
i7is,e
i7B8
3 grs. gold.oz |2~i4
oz 2914
Cake silver
Mexican dollars. oz.l',,i7i4
2738
Englisb Financial Markets— Per Cable.
Great Britain
France
Germany
(Vest Indies
Wed.
Tues.
Ail other countries.
d.
$251,107
3,267
5,36&
559.032
""376
l,15f^,676
699 254
31,836
$983,623 $32,418,973
1,072,245
676.361
$59,319
53,704
19.3<1
31,703,088
32,687,278
$2,705,541
1,764,107
1.976,944
Breadstnffs Flgnres Bronsnt From Page 61 0< Th&
Statements below are prepared by us from the figures collected by the New York Produce Exohange. The receipts at
'Western lake and river ports for the week ending Sept. 9, and
-jlnce Ausr. 1, for each of the last three years, have been;
at—
ieceipti
Wheat.
.Flour.
113.022
103.15U
ihloago
Thurs.
2714
273 6
27%
273i6
10411,6 104i3,e 10415]B 1056i,
For account
IO5I8
1.57
10478
105
Pr'ch rente8(ln ParlB)fr. 100-70 00-7712 00-82i« 0<»2ia lOi'2(i
Spanish is
6038
6038
6038
59%
Atch. Top. & Santa Fe.
2138
22
2158
221a
66i«
Preferred
6t)l8
6518
6^%
Baltimore & Ohio
5438
5318
5438
53%
7.'?l6
Preferred
74 14
74%
731a
98I9
Canadian Paclflc
9313
9918
99 li,
Central Pacilio
f9l4
5H
5958
5858
2-I4
Chesapeake & Ohio
28%
2712
28
CMC. Mil. <fe St. Paul....
1.S538
13538
136ie
I3714
Den. Rio Gr, com. ..
23 14
22%
21%
22%
Do
do Preferred..
78>4
7714
78
76%
Brie, common
14
1358
I414
14
n
l8t preferred
3838
o
37
3939
3838
f
Illinois Central
II6I4
11714
116
1171a
Louisville <fe Nashville.
8214
8158
8358
821a
o
13''8
Mo. Kan. A Tex., com..
1358
13%
131a
N.Y. Cent'lA Hudson..
141
141
140
140
13
N. Y. Ontario & West'n
27
2738
27
261a
Norfolk & West'n pref
'72%
72%
72
721a
Northern Pacific, 00m.
55ie
55%
55%
561a
78i«
Preferred
7>*ia
7778
77%
Pennsylvania
68
6838
68
691s
13
•PMla. & Read
lli«
11
1138
I18s
'Phila.&Rnad., Istpref.
3138
3012
3038
3058
*Phlla.& Read.. 2d pref.
Ifiia
1714
16%
161a
Southern Pacific
3878
38
38>fl
371a
13i«
Bouth'n Railway, com..
12%
1278
12^8
Preferred
56ifl
5514
56
541a
Union Paoiflo
47 14
47 Us
461a
471a
Preferred
J-lia
81%
8078
80%
Wabash, preferred
23
22
2288
22%
ounce
I
273i.
Oonsols., new, 2% p.ots.
6,196
30,187
"i',970
.
tillwaakee
minth
162,066
2,503
13,080
3.700
lYi.
Toledo
Detroit
Silver, per
$22,560
23.\720
485,257
9.600
83,810
9,516
Mexico
......
South America
Total 1899
Total 1898
Total! 897
SinceJan.l.
Week.
$962,415 $30,006,846
19,238
1,582,224
.........
UlnneapolU.
Mon.
75.059,720
4,072,996
Imports.
Since Jan.X.
Week.
Corn.
'
;
273ie
I04l5jg
1051,8
0112<s
1
I
.
6038
21I2
65I2
j
I
i
74i<»
Oleveland
LOQil
St.
3,078,460
8.005.698
135.150
53.230
196,800
3,076
84,000
118.00
410,292,
185,298
102,> 98]
133,600
3>,002
163.676
1,001
72,764
36.4 <0
314,911
485.795
7,850
27,350
282.790
788,000
121,000
337,580
236,100
53,000
412.821
6,535.919
5.581.438
4,291,9 '2
'eoria
Kansas
658.924
100.800
2.556 912
1,473,840
42,533
199,28i
...
. . .
Barley
Oat$.
City.
(•V«.
Btuh.5mi Bu»h.32lbt BUMh.Wb: Bu.6« Ibi.
BbU.196lb> Bush.«Olb$
daily closing quotations for securities, etc., at Loudon
are reported by cable as follows for the week ending Sept. 15.
Sat.
29,640,077
2^-»8
The
London.
50,467 *9,251,137
1,425,563
101,626
Eiports.
:
31
11,710
1,P47
7,731
3,(00
Silver.
Aug. Aug.
Aug.
$3,349,487
2,888,202
1,128,132
1,177,680
190,614
456,873
60,149
""9O6
$64,000 $25,8(^7,242
417,053
6,965,143
8,000
\Since-Ian.l.
$25,173
7,397.580
3,2!=' 0.000
5,567.914
33,000
46S,552
130,196
Germany
t
W
Week.
Since Jan.\
tireat Britain
Straits,
f
Imports.
Exports.
Oold.
Gold— The Bank of Ergland continues to be the only buyer, and has
received since our last £6H0,000, of which £601,00' is lubitis. Tu.
withdrawals total £50,000, mofstlv for South Amprioa. Arrivals:
South Africa, £.->64 0(j0; Vera Criiz. £'^.000; Australia, £22.000;
£13,000; River Plate, £17,000; West Indies, £21,000; total,
£640,000. Shipmnuts Aug. 25: Bombay, £20. 00.
Silver— Heav y sales from New York continued to depre.'is the market uniil 2 i^d. was touched. At this level India showed siens of buy
ing and the market closes firm. Last Indian price Rs. 9^6 per 100
tolahs. Arrivals: New York, £144,000; Australia, £10.000; New
Zealand, £.'000.
st Indies, £21,000; total, £2 7,000 Shipments:
Aug. 25, Bombay, £6'^,500; Aug. '^5, Hong Kong, £44,481 Aug. 30,
Bombay, £'>5,(i00; Aug. 25, Shanghai, £35,000; total, £19 .981.
Mexican Dollars— There are no dealings to report. Shipments to
Penang and Hong Kong Aug. 23, £6,450.
8'5,801,363
254,-59,843
Total 36 weeks ^314,930,170 $334,240,095 »283464.084 »260,661.206
All other countries.
31
1896.
00
56.491
321,300
28,436
39.900
116.317
23,000
5,800
14,775
208.>
• •
••
750
12,086
1,800
9,750
••••••••
346.119
219,864
338,734
228,471
7,2t0,513|
4,025,283
4.824,074
681,236
1.076 677
345,136
6,780,377
8,590,818
4,481,787
601.885
2,557,629
26,885,713
26.036,312
832.987
28,953,3371 24,262,083
28,861,993
24,2r4,5e5
2.407,686
1.821,013
1.662.^87
2,301. '3S
1.358,515
44.042.720
31.199 0-6
2..''87.859
2.221.84&
Tot.wk.'90.
Same wk.'98
Same wk.'97
I
I
,
&
I
I
1
*
X9714
5»
28
13378
2258
77%
1378
3^38
116%
8218
14014
•^6ia
7214
5514
7M
III4
3038
1612
%
1278
5438
461a
79
^238
Price per share.
Imports and Expoi ts for the Week.— The following are
the imports at New \ork for the week ending for dry goods
Sept. 7 and for the week ending for general merchandise
Sept. 8 also totals since beginning first wtek January.
;
FOREIGN IMPORTS.
Sew York
1P99.
+1,776.216
7,8 U, 2 63
9,650,479
Total....
Since Jan.
Dry Goods
btuh,
16fl,.'^62
49 560
3.SB.681
I9.f'08
6t>,144
530,288
44.461
200.002
18.790
148,9U0
74,7V8
1.182
10.4B6
32.177
RlohmoDd
Sew Orleans*
News
Norfolk
iHlvestOD
Portland,
Me
1898.
81,717,891
4,759,57(i
f6,477,467
1897.
$1,053,226
4,416.542
$5,469,768
bbls
bnsh
Vboat
OTkA
"
Oats
"
"
larler
•'
iTe
¥65,949,678
2-11,531,911
$96,065,-98
262.3:7,660
Total eraln....
^ew York
1.871. loo
236.74M.038
Total SSweeks •354,022,411 »297,481,58» S'358,443,458 *318,396,114
34,126
561,8'i3
3P»,V63
28,m
26,018
395.100
142.856
175,836
18,4211
1.080
23.000
2»,3-0
371,790
8'i,12J
eoo
e,aoo
8,626
••••••••
700
09 461
8.081
"
.
1809.
14,467,247
1898.
13,240,524
80,5'; 3.833
188.245.327
62,855.61 9
4,«18,781
4.303.285
76.000.597
147,750.253
67.2S8.893
3.110.927
10.262,013
285,590,635
304.412.713
Norrolk
Sewp'rt
bri*h.
Corn
buth.
376.352 l.seS.OSl
452.030
273,106
Portland. Me.
Philadelphia..
Baltlnjore ....
Sew Orleans..
*81, 647,076
217,810
484,341
354.8i)4
1897.
17,825.264
1896.
6,116,483
51 381,718
40.805.186
60.715.183
46,5n6.64S
4,959,876
134.4 U.V67
6o,ti3",991
7.261.908
6.9»6,b60
356.668,789
2,6'<8,880
155.224.8l7
The exports from the several seaboard ports foi tae week
nding Sept. 9, 1899, are shown in the annexed statement
8.S.4.S9
ie2.v91
271.981
220,^00
....
661.606
977.2h3
335.668
176t>!)5
News
Vlontreal
*71,794,623
282.227,788
Rvt,
bxuh.
ollows for four years:
Boston
'8,040,207
Barlev,
hvth.
45'i,H48 2.797,326 3,2fl9,433 3.615.454
88,009
313.222
Total week
418,374
46,310
486,680 2,734.845 3,819,871 1.629,404
«eek_1898
*R eipts do not Inolude uram passing tnroiuli Mew Orleans tor toieUn
ports on tbrouj?b bills of ladlns.
Total receipts at ports from Jan, 1 to Sept. 9 compare as
1896.
6.169.067
Oat$,
bu$h.
1,676.700
213.977
179.265
661.6 <3
1,091,7'5
88,759
422,000
83,439
1,593
1,000
Pensacola
(Vheat,
1.
Gen'l mer'dise
Oofti,
buoh.
1,014 926
Boston
Montreal
PblUdelphla
Baltimore
Bxvo'ft from—
Dry Goods...
Gen'l mer'dise
tVneat,
bbU.
ei.tipt»0}—
tommcrcial and ||XisjceIIatxjeous ^txos
'
flour,
Reeeiptt at—
door
For week.
34.117.981
Tbe receipts of flour and grain at the seaboard ports tot tbe
week ended Sept. 9, 1899. follow
-Jewport
67%
3
Since Awfl. 1
iHoe
ises
1 97
....
JaWeston....
Pensacola
....
500,877
449,200
J42.866
753.267
8.084
Total week. .2^516/156 4^82.626
Same time '98.1.042,9<)8
3.226.684
Flour,
bbU.
78,001
24.725
1.693
8i .SfiO
62.781
2.184
Oat$
bush.
4f 8.700
Rye.
bush.
91,838
217.629
99,461
696.654
310.000
60,180
Pea».
bimh.
10,046
"463
..
32.177
86.287
7.6-1
1.000
*
371.790
24^,613
382.229 2.801.'i77
.•316.026
249,691
Barley,
btuh.
249.020
109.004
80,066
"10,936
OLS'S
320.032
21,354
80.175
388.624
10,6«(»
September
THE CHRONICLE.
1899.]
16,
The
destination of these exports for the
September 1, 1898, is as below.
Wheat.
Flour.
Wddk Since Sept
Sxvortsfor
Weeli
Since Sept
vieek and tine*
Sept. 9.
1,1888.
Sn>t'. 9.
1. 18«8,
week and since
to—
bUi.
uiiit.
United EinKdom 236 6PS
Continent
Sl^S?
fl. & C. America.
3,316
West Indies
Br.N.Am.Colo'i
4 .f-SS
7.993
2!B,5»6
31.957
S.316
4l.&'9
7,983
Other countries..
4^8
423
S2?,229
2l9.«9l
322,929
bOl.itO
Total
ToUl
1887-98,
The
btuh.
DIlSll.
2,R18,156
4,487,951
2,516,156
l,94i,9»8
Since Sepi
1. 1898
bush.
Sept. P
busH.
1.443,687
1,0/8,469
1,443,687
1,072,469
Week
1,8'; 8,284
2,b94 169
1,207
18,140
J,«l-8,"84
2
61-4
!f9
1267
13,H0
'90,788
'90,766
4,58?.«26
4,B82.626
3,2i:6,584
6,74 3,0'/
comprising the stocks
granary at the principal points of accumulation at lake an d
seaboard ports, Sept. 9, 1899, was as follows:
visible supply of grain,
In store at —
New York
Do
afloat...
473. "'0
1,231,000
..
130,u00
72,ono
98»,000
Buflalo
23,U0
12,000
169,000
371,000
538,000
60,000
43,000
269,066
126,000
288,000
1,064,000
79,000
61,uUU
Dnlnth
afloat
mtnts.
•
$
Siw York Citt.
Borough of
manhattan.
100,0
300,0
wleventh Ward... 100,0
ifourteenth Street 100,0
200,0
«an8evoort
200,0
lamllton.
21de A Leath. Nat 500,0
100,0
dome.
260,0
tlotint Morris
200,0
dataal
<flneteentb Ward. 100,0
100,0
Plasa
100,0
ctiverside
100,0
4tate
200,0
(^elfth Ward....
fweniy-thlrd W'd 100.0
200.0
JnloD Sqnare
100,0
rorkvllle
Columbia
12,000
iroadway
688,066
11,000
Clngs County
605,000
'37,00'6
38,'o'o'c
31 066
•lechanlcs
6,092,000
i,75ii6od
1.181,6'o6
190.000
112,000
27.001
7 0«'
33,000
Brooklyn
iighth Ward
^Ifth
Avenue
itannfaot'rs' Nat'i
18,001
>feoh's' <& Tradr'8
"jTassau National.
75,000
"1,600
'24,000
"1,000
"3,0 J
^lational City
"Jorth Side
784,000
3,8«7,uuo
116,000
72,000
65.000
133 00<
lohermerhom
leventeenth Ware
35,000
130,000
'e7,6'o'o
4.6'o6
3.
42,0(0
3.CC0
1,C00
643,000
U>ragne National.
•Venty-sixth W'd.
Vallaboat
6,000
1,430.000
601,000
!>6.129.000
3 <, 87 1,000
1899
1898 • 8.4O',O00
1897 *15,766,000
1896 •47,6^2,000
1,337.000
60.000
7,617,UOO
6,'; 35,000
17,36..,000
33.(5'H,000
13,007,000
27,000
5,861,000
5.085,000
4,277,000
9,7' 1,000
8,078,000
597,000
628,000
699,000
2,S49,000
l,777,0C0
370,00
61H 00
944, 00
4 iH.Ov
1.330. -^
1.162.0
I
New York
City Clearing Hense Bankp.— Statement of
condition for the week ending Sept. 9, based on average
of daily results. We omit two ciphers fOO) in all cases.
Oapital Surpl's
Bank of New York.
$3,000,0 $1,880,6
3,060,0 3,366,0
3,000,0 1,067,6
3,000,0 2,001,6
1,600,0 3,786,7
1,000,0
223,6
1,000,0 4,748,9
6,fil6,2
300,0
600,0
183,3
1.000,0 1.716,0
300,0
72,6
400,0
114,1
200,0
169,3
600,0
481,4
184,2
300,0
614.8
1,200,0
6,000,0 2,684,2
6,000,0 3,432,9
1,000,0 1,661,0
1.000,0 1,010,9
422,7
487,3
876,1
1,600,0
982,1
460,0
290,4
200,0
630,8
1,000,0
1,000,0 1,621,6
369,6
600,0
366,2
600,0
263,2
600,0
963.1
900,0
166.0
1,000,0
1,400,0 1.738.9
603.0
1,000,0
400,4
300,0
1,600,01 6,648,2
3,000,0 8,208,3
149,9
260,0
3,000,0 2,046,1
485,7
1,000,0
736,2
300,0
166,6
760,0
500,0 7,707,6
300,0
63,7
260,0
664,4
200,0
407,3
306,6
760,0
l.OOU.C 1,412,6
lOO.J 1.176,0
661,2
200,t
767,2
300,0
788.7
300,0
920.6
3oo,a
829,2
SOOjO
874,1
300^0
200jP
380,2
623,6
600j0
3,100j0 1,096,8
607,6
30O0
1,2000 1,206,7
407.2
5000
341,1
l.OOQC
25a<i
344.9
163,0
36C,0
Manhattan Co
Merchants'
Meohanios'
America ............
Phenlx
Olty ................
Ohemloal
Merohantt' Exoh'gf
eallatin
Batohers'A Drov'rs
Mechanics' & Trad's
Oreenwlch
Leather Manofao'rs
Beyenth..
State of New York.
American Exohangt
Ooinmeroe
Broadway
Mercantile
Paolflo
Xepnhlio ...... .....
Cniatham
People's
North America
Hanover
Irvtng
OlCiaens'
Nassan
Market A Fulton..
Shoe <& Leather
Oom Exchange
Ctontlnental
Oriental
Importers' & Trad'n
Park
ast River
Ponrth
Oentrai
Beoond
...
W.Y.Nat'lExch'ge
Bowerr
New York Oonnty.
German American.
PUth Avenue
'Oerman Exchange.
'0ermania
Lincoln
Metrop
Beahoard
Western
Plrst Nat. B'klyn..
Nat. Union Bank
Liberty
N.Y.Prod.Exoh'ge
Bk.ef K. Amsterdan
Loans,
Specie.
$16,130,0 .*3.420.0
18,664,0 3.462.U
14,712,2 3 0^6.0
11,697,0 2,783.0
21,(65,3 4,336,7
4,8Ui),0
964,0
87,602,7 24,0.^7,7
24,811,4 6,204.1
6,024,9
967,6
8,240,3 1,167 3
259 6
1,166,1
1,886,0
1,047,9
4,007,9
3,200,5
4,237,2
27,112,0
26,740 8
6.801.1
12,164,0
2.961,9
21,621,7
6,466,6
2,310.8
11,464,9
37,838,3
4,280,0
2,930,2
2,723,3
6,466,8
3,946,6
15,70 '.6
6,421.6
2,036,4
26,828
44.433,8
1.341.9
33,600,0
10,6^3,0
7,389,0
3,018.4
36.083.0
2.366,4
8.174.0
3.381.9
3,420,1
36,676.0
8,268.7
2.468.3
8,161,8
10,H03,6
6091,6
2.2e4,2
6,606,9
2,636,0
10,216.0
33,781,4
4,363,0
16,433,1
4,226,3
3,949 8
3,621,9
3,689,6
260
103.3
867.9
638,9
299,8
2,187,0
1,326,2
1,414,6
2,669,6
Legals.
$890,0 $16,690,0
1,660,0 i 0,671.0
1.332.0 17,317,5
663,t 12 047,0
1,847,2 24,369,3
167,0
4, 794,0
3,442.3 109,352.0
2,498,5 26,988,4
400
6 611,1
667.6
6ct64.1
76.8
1.309,2
133.0
1,907
144,1
937,1
181,7
3,94 H 6
396,1
4,270,y
366.4
H 489,4
2,861
3,453,2
150,7
791,9
379.9
684.3
769.0
120,4
621.0
3,174.6
486.0
93,0
18B.6
676.1
246,8
1,091,0
3^7,9
268,1
20 68H
"
19,896,0
6.28-4 7
13,260 9
3.340 4
24.343,0
1.208,1
24 -99.9
2,776,1,
763.0
13,753,0
1,293,0
1,669.4
91,»
14
1
i3 ;,4
486
Ul,8
lt)l
140.0
21,0
49.7
4S.7
101,2
129,5
d7,4
163.3
146.2
73,1
203,4
243,0
232,4
45,0
66,0
46,0
61,0
91.3
10H.7
117,8
113,0
61.9
70,0
1150
9
1,090,2
6,0
1626
1U3,9
124,7
100,2
7
62,0
168,9
165,0
144,0
69.7
163,1
272
S4,l
160,0 121,7 1,118,6
18,2
72 9
96.6 208,7
100.0 132,2 1,396,2
20.8
39 6 IU7,9
300,0 163,8 1,205.2
61,8
36 3
6,1
4 3,2
100,0
37,3
829,8
34 8
100,0
57.2
618,8
61
32,0
27
6
36.7
160,0
60.3
792.9
9i,6
ib'i.il 428.6
317,5 236,7 253,2 63U.8
500.0 406,2 2916.3 16J,0 119,5 196.3
46,1
8t*,2
24.7
100,0 197,4
947,8
6x0
300,0 660,0 3,941,0 14 4,0 252
2t8
300,0 544,9 2,698,0 1^7,0 24
69 7
646,6
14,6
55.3
100,0 107,0
38 8
883,4
30.2
52,7
100,0 121,4
lc.4
62,6
47.9
537,8
23,4
100,0
24.9
70.7
468,1
66.9
100,0
8,3
7,0 230.0
200,0 218.3 1,136 8 109,0
23,9 121.9
650 504,3
9.1
100,0
J<!,4
56,1
328,4
6,2
32,3
100,0
39,7
37,4
562,8
72,1
12,4
100,0
100,0
3"'i,'3
2,103.0
1,624,6
1,249,9
727,3
1,384,1
1.807.6
647,7
3,322,7
1,383,1
1,421,8
1,895,0
841,7
2,601,0
1,674,5
1,277,3
2,707,6
1,567,8
1,212,1
1,640,7
1,152,3
299.0
607,1
800,8
6.0
36 2
10,0
2.818,5
3.118,9
•<
378
376,0
6,690,8
171,9
482,9
667.3
645,9
211,3
973.0
660.7
6,767,3
2,019,3
262.6
6753
3,601.0
7
34^1
333. t»
24H,7
4,764,9
669
7
448,4
461,2
672,«
428,9
662,1
><3.1
1.237.3
207,4
313,0
687,0
2,452.0
9.111.6
776.*
1,099,2
2
834,2
3,606,0
1,033.8
258.4
488,8
824,6
788,4
68.92t,7 77,382 6 747,646,3 1610832
378
366
26,0
Nat.,Staten Isl. 100,0
Othbr Citibs.
400,0
8t Nat., Jer. Cltj
lud. Co. Nat. J. C 260,0
Id Nat., Jer. City. 260,0
200,0
«d Nat., Jer. Cl^
IBI Nat., Hobnken 110.0
125,0
Id Nat., Hobokeii
6,663,0
2,72-i,9
12.879,1
47,843.3
4.684.0
2,894,6
3
e
185.9
247,3
£0
4
31.0
ao
(1
47,3
6<>,0
27,3
23,6
1,2
916,7
4,200,0
2,909,0
691,6
903,2
636,3
414,4
1.088.0
664,3
266.3
677,4
36.0
446,3
666,5
16.6
27.4
738,3
534,3
386.6
208,9
433,6
86.8
4,706,0
2,161,3
269.0
23
24
3
161,7
170,9
673,8
163.3
191,4
112,2
1<8 1
71.1
894.6
2i<,3
3S9,3
90,4
35.2
61.6
1,73J,9
109.9
45.0
18,3
37,9
1,335,
93,.^
61.9
<
887,6
681,2
708,3
576,8
4 5,4
41,6
332,u
31.6
5,961,0
1,889.3
1.102,6
847,6
1,679,4
886,3
Totals Sept. 9 7,762,0 8,og^, 6r,6SsJ2,7»7, 2 J,.SfJ 4 7,/QI 6 3 460 J 66,487, J
rotais Sept
2. 7,762 oi.OQJ,! o/,7/j.o\g,74aj 3.702 s 0,Q4t> 6\2 383 4 66 111.0
Totals Aug. 26.. 7.S63.C i,2iq,7 b3,b48,o\2,ls22,7 3,<)7<}.s 7,9'3,Q3.0jS,6 Og^oo,g
—
Auction Sales. Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. Adrian H. MuUer Son
&
1 Cert. N. Y. Prod. Exoh.;
Exoh.; all
*600 ppr 8h.
1,000 Sablnp Develop Co.$180 lot
170 Trust Co. of America.. 250-255
20 Music Hall Co. of N. Y... 20
1 7 Gorhaiu Coal Co.,pref
50
85 Qorham Coal Co., com..
213
10 Lawyers' Title Ins. C0..I5214
3 (iailatin Nar. Bank
405
92 Merchants' Nat. Bank.. .177
87 Phenix Nat. Bank
Ill
H Bdnk of N. Y N. B. A. ..260
10 Bank State of N. Y
137>«
apsessments paid
$101
$1,700 uorham Coal Co. Ist
6S.1917, MifeN.
90
$5,000 Lakfwood ^aaCo. Ist
59,
. . .
,
Nat. Bank of Commerce.'. 60 1^
Prod. Exc. TruKt Co.195-200
25Wa hington Trust Co...310>4
51 Ninth Nat. Bank
gOig-Ol
1-0
17f>
25 Chesebrough Mfg. Co
:
Bonds.
Shares.
2 Hormlguero Central Co.,
SSG'^s
By Eichard V. Harnett &
1939.
N
M&X
50
Y. & Rockway
RR. St 78, 1901, AjiO. ... 8OI4
$30,000 Gr. Bay Win & 8t P.
RR. 2d liicooies, I 06. ..$12 lot
$11,000
$1,000 Pe ria Water Works,
noD-oum. income 58
30
$41,000 l)et.& r.iiua Nor.Ry.
1st 5b; Apr., '99. o>up.$ ,300 lot
$10,000 Amer.BellTelephoije
Co. 48; 1908
10208
$10,0' >0 Atl. Coast Elec. RR.
Gen. 5a
92^2 &int
Co.
Shares.
PO Trust Co. of America
10,000 Gilpin & Lincoln Mining Co.,$l each
gatxMtifl
3,0266
and
265
$30
^itiancial,
6 9 7.8
4,647.7
19.684,9
6,493,0
Spencer
1876
26,277.0
66 582,3
1,299 8
3,019.1
36,P9',6
2.667,0
3,676,0
8,911.3
3 376,5
46
6k»4,5
9,627,8
3.036.4
4,746 3
12,493,6
27
Sc
2,473,1
8 '3«.5
3 087
12,4 S,0
40,7o0,«
4,645.0
16,i4H,7
5 322 8
3,460.9
4,061 2
3,914,6
I
is
the
statement of condition of the non-member banks for the
week ending Sept. 9, based on averages of the daily results
We orr^it two ciphers f00J in all cases.
Trask &
BANKERS,
PINE STREET,
29
.
-
-
Co.,
NETT YORK.
-
Transact a general banking businessi act as Fiscal
Agents for corporations, and negotiate security
issues of railroads and other companies.
Execute
commission orders and deal in
Members N.
INVESTMENT SECURITIES-
Y. Stock Exciiange.
Branch OtMce.
QBOBOB Babolat Moffat.
Slate St. Albany.
"
Albxandeb M. WnrTE, JB
Moffat
7,31»'.2
49,986.6 8^4,439.1
Beporta of Non-Memlier Banks.—The following
60,4
78,6
St
8 499
1,743.0
360
%
163,4
20J.0
3U7,4
45,0
iankof Htatenlsl.
Deposits
573,7
6,646,2
970.3
390,4
2.486,6
10,330,2
777,5
619,8
616,1
1.441,7
882.0
3,926.0
1,275.7
110,4
6,4B7
14.035,6
263,1
4,328,2
l,6f
t
81,3
64.0
63,4
51,2
47,3
113,0
235,9
66.3
124,9
66.8
68,5
32,7
27.7
posit*.
S
t
19,2
73.0
46.4
62,3
100.1
RiCHMOvD.
371,000
310,000
*Excli8lve of New Orleans, Gilveston, ii"t. William and Port Arthur, but
Includinfj Albany, oswego and Cincinnati, now omitted.
Note.— BeffinninK July 1, 1899, the New York Produce Exchange has changed
Its Visib e Supply Statement by inclu ing stocks at New Orleans, Galveston,
Ft. William and Pt. Arthur (previously omitted) a^d leaving out Albany
Oswego and Cincinnati, formerly included.
Banks.
Note*.
67,1 1,07j<,0
19,6
612,0
97,6 1.226,9
230,3 2,411,3
584,7
87,8
87.6 1,935,4
117.8 1,146,5
894,9
32.9
130.7 1,901,0
864,0
107.3
134,4 2 247
112,4 1,2H4,2
974,1
64,7
311,5 2.424,7
160,3 1,458,3
De-
Other
Agent. Bto.dt
BOROUOH OF
120,''no
. .
Total Sept. 9,1889.
54,000
567,000
29,000
JiBh OUar\
.
'eople's
67.000
210.000
86.000
Stt
Lec.l
Specie.
940,9
86,6
207.3 2,221.0
124.2 1.367,0
Ooluni&l
'678,'666
29000
On Mississippi River
On Lakes
On canal and river.
Total
plut.
671,000
2,262.000
Peoria
Indianapolis
AStor
tal.
Jnlon....
Kansas City
Oarfleld
Pitth
Bank of the
West Side
(OOs omitted.)
2,114,000
2.335,000
....
invtti
BuooaLTN.
afloat
ITlntb
Plrst
Sur.
185,000
7.000
109.000
4,)<27,000
Sepr. 2
Sept. 10,
Sept. 11,
Sept. 12,
Capi-
BoRouaH of
....
Minneapolis
8t Lonis
BANKS.
»edford
afloat.
Ft. Will'm&Pt. Arthur
Total
Total
Total
Total
32,000
afloat
Milwaukee
Do
9.11,000
bua/..
afloat
Ohloa«ro
Do
Barlev,
afloat
Detroit
Do
Bv*.
bueh.
Oat5,
bush.
afloat
Toledo
Do
bxuh.
652,000
116,000
l,5o-.000
Montreal
Toronto
Do
bwh.
9/6 -uO_
PhlladelDhla
Baltimore
New Orleans
fialveston
Do
Corn,
5,046,000
42,000
Boston
Do
fVheat,
in
Deposit, toith
LoansA
Corn.
.
Sept. 1
577
& White,
...
INVESTMENT SECURITIES
BANKERS,
No.
1
NEW^ ¥OKK.
NASSAU STREET,
36
NASSAU STREET, NEW YORK.
FISK
& ROBINSON
RANKERS
INVESTMENT SECURITIES.
HARVBY EDWARD
FISK.
GEORGE
Member
H. ROBINSON,
M. Y. Stock Excbang*.
THE CHRONICLE.
578
[Vol. LXIX.
grain for payment. 4 83J^(®4 82^^; cotton for payment, 4 SIJ^
@4 81%: cotton for acceptance, 4 H3(a4 SSJ^.
Posted rates of leading bankers follow:
llawfejers^ (^n^ttU.
D I VIDENDS.
September 15.
Name of Company.
Railroads (Steam).
* Wept Point
Atlanta
Atlantic
& Nortli
Chic. Milw.
&St.
'Carolina
P.,
com
Do.
do. pref
Chic. B. I. & Pac. (quar.)
Clev. Cin. Chi.
St. L., pref. (qu
&
)
Evans, and Terre Haute, com..
Do.
do.
pref...
Manta art an (quar)
N. Y. N. H. & Hartford (quar)..
Southwest PenD.sylvania
United N.J. RR &Ca>.al.£:u.(qu )
Wayne 8b u rg & Washington
Street Railways.
Per
When
Cent.
Payable.
25
2
Oct.
Sept.
2^1
Oct.
IV,
Nov.
1%
Oct.
Oct.
Oct.
Oct.
Sept.
Oct.
Oct.
Sept.
2
213
1
2
5
2>fl
Philadelphia Traction
Oct.
rust Companies.
Manufacturers', Br. okl\ n (qu.)..
Oct.
Books closed.
(Days inclusive.)
1
15 Aug. 29 to Sept. 28
21 Oct. 3 to Oct. 12
Amer. Waltham Watch (extra).
Columbus (O.) Gas L & H., com.
Do.
do.
pref.
Electric Vehicle, com. (quar
Federal Steel, pref. (quar.)
Internal'l Pap»
pret. (quar.)...
Knick'kerlce, Chic, com (qu.)..
Mergpnthaler Linotype (quar.)
Do.
do.
(extra)
National Tube, pref. (quar.)
P. Loriliarii, pref. (quar.)
Pressed Steel Car, pref. (quar.)
Royal Bak'g Powder, pref. (qu^.
Swift
<'o. (quar.) ..
United Shoe Mach., com. (quar.)
Do.
do.
pref. (quar.)
United States Oil (quar.)
Do.
do. (extra)
Union Ferry (quar.)
Do.
do. (extra)
United Gs-s Tmpt. (quar.)
Western Union Tel*-?, (quar.)...
r.
.
3
lis
3
2
212?
Sept. 26 to Oct.
United States Bonds. Sales of Government bonds at the
Board include $8,000 4s, coup., 1925, at VSu},^; $'5,5i0 4s,
coup., 19('7. at 113 to 113%; $4,5i'0 4s. reg., 19'»7, at 111 to
to
—
—
1
Oct.
Oct.
Oct.
to
1
2 Sept. 19 to Oct.
to
12
Oct.
10 Sept. 20 to Oct. 10
2 Sept 21 to Oct. 4
Sept.
—
—
2
&
West'h'>H8P Elec.
&
Mfs.
pf.
(qn
)
1^
1^
li«
1%
2
1>«
50c.)
50c.
1
2
II4
1%
New York
Interest
to
Oct.
2
rOSept. 17 to Oct.
1
2 Sept. 17 to Oct.
I'Sept. 26 to Oct.
3
2 Sept, 16 to
1|
les^pt. 19 to
2 Sept. 21 to Oct.
2 Sept. 17 to
2
Oct.
14 Sept 20 to Oct.
1
Oct.
2 Sept. 19 to Oct.
Oct.
2 Sept.
1
J
21 to Oct.
3
14
16 Sept. 21 to Oct. 11
2 Sept. 24 to Oct. 2
WALIi STREET, FaiDAY. SEPT. 1.), 1899.-5 P. M
The Money Market and Financial Situation.— The money
market has continued to overshadow all o'her factors in its
influence upon the security markets this week. Last Sat
urday's bank statement showed the lowest reserve which
the associated banks have recently reported, and resulted
in a general selling movement by borrowers and professional operators at the Stock Exchange. Liquidation by
investors was scarcely noticeable, and the tone of the markets changed on Wednesday when the money market became slightly easier. Later there has been a hesitating
tendency in Stock Exchange circles, and considerable
irregularity in the markets, on the uncertainty which exists
in regard to future money market conditions, the development of which is regarded with much interest.
The foreign political situation, while still unsettled, has
largely ceased to exert an influence at this centre, and more
attention is given to the action of boards of directors in
the matter of dividends.
An illustration of this is seen in a decline of nearly two
points in Chicago Milwaukee
St. Paul shares following
the announcement on Thursday of the regular dividend.
The foreign exchange market, like other departments, has
been affected chiefly by the high rates for money, ann exchange declined to the lowest quotations recently recorded.
The open market rates for call loans on the Stock Exchange
during the week on stock and bond collaterals have ranged
from 2 to 9 percent. To-day's rates on call were 4 to 6 per
cent. Prime commercial paper quoted 4% to 5}4 per cent.
The Bank of England weekly statement on Thursday
showed a decrease in bullion of £332.661, and the percentage
of reserve to liabilities was 52-15, against 51-25 last week; the
discount rate remains unchanged at 3J^ per cent. The Bank
of France shows a decrease of 4,300,0(JO francs in gold and
6,700,000 francs in silver.
NEW YORK CITT CLEARING-HOUSE BANKS.
&
Differ en' sfr'm
Prev. week.
1898.
1«97.
Sept. 10.
Sept. 11.
Sept.
Sept.
Sept.
9.
11
12
13
-Mch. lOOifl *100l2
reg.
reg. Q. -Feb. lO'-ifl *108»«
2s,
38,1918
38. 1918
Feb. 1081s
coup
lOSifl
-Feb.
3s, 1918, small reg.
38, 1918, small, c'p.
-Feb. *i08"
reg. Q. - Jau. *llll4
48, 1907
coup. 9- -Jan.
48, 1907
48, 1925
reg.
-Feb. *130
4s, 1925
coup.
-Feb. '130
5s, 1904
-Feb. niii^
reg.
coup.
-Feb. *llll4
5s. 1904
'ids'
'^11114
M13
*
This
is
Sfpt.
14.
Sept.
15.
*H Oi« -lOOifi •1001* '100i«
*108- *108i2 IO8I2 108 ''s
10o38 *108i2
*l68
llllfl
113% *113
*130 •ISO
13013 *130
'1111« *llll2
*lllis *lllifl
the price bid at the morning board
;
108%
10858
*i08" *io8" ios^a
niii4 *llll4 *llll4
113 ni3
1131s
*130
*130
*130
*130
-130
*130
*lllis mils *lllifl
*llli« *llHs *llli«
no sale was made.
—
State and Railroad Bonds. Sales of State bonds at the
Board $2i',00 Virginia fund, debt 2-3s of 1991 at 87i^
The tendency of prices was downward in the railway
bond market during the first part of the week. Offerings
were liberal, mostly of low-grade issues, and the volume of
business was somewhat larger than the average for several
weeks past The market responded to the pit spect for easier
money which developed on Wednesday, and, although
irregular, closing quotations are generally well up to the
best of the week. There were few exceptional features to
note.
Mexican Central issues were unusually active, and
the 1st incomes advanced about 3 points, the cause for
which is not apparent.
•
Stock and B(»nd Sales.— The following shows the volume
of business in stocks and bonds on the New York Stock Exchange for the past week and since Jan. 1
Jan. 1 to Sept. 1 5.-^
Sales at
^Week end. Sept. 15.—.
,
Exch.
Government bonds
Statebonds
RR. and misc. bonds....
N. T.
1899.
Stock.
1898.
1899.
1S98.
$1,063,660
90,000
13.727,500
$7,542,820
1,787.-00
670,475.200
$14,250,510
Total
$11,380,800
$14,881,160
Stocks— NO. shares
3,424.954
2.446,892
f'ar value
$331,739,800 $231,347,800
Bani shares, par value.
679.805,820
$597,746,280
74,619,971
$7,216,354,125
$131,060
We add the
Week
tnditig
Sept 15, 1899.
Saturday
Monday
Tuesday
Wednesday
Thursday
Friday
Total
The
sales
*49,300
20,000
11,.S11,500
128.29:<.992
$12,431,619,300
$317,960
—
Monday
Tuesday
Wednesday
Thursday
Friday
581.228.010
Railroad, dc. State
Bonds.
Bonds.
Stocks.
Shares.
Pnr value.
238,619
636,498
781.531
572,191
484,838
711.277
$23,476,250
61,373,550
76,&35 100
55,233,850
46,020,950
69,000.100
$1,239,500
2,282,500
1,954,000
2,476.000
1.973,500
1.386,000
3.424,954
$331,739,800
411,311.500
u. s.
Bonds.
$20,000
$5,000
18.000
6,000
10,000
2,000
8.30O
$20,000
$49,300
on the Boston and Philadelphia Exchanges were:
-Ph ladflphia.-
-Boston.-
Saturday
2,266,70(^
following record of the daily transactions
.
Listed Unlisti-d
sha^ es. shares.
Total
1899.
Sept.
Periods.
to
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
111^; $19,500 3s, coup., at 1*814 to 1(8%; $8' ditto (small
bonds) at 1O8J8 and $1,000 3s, reg., at 108%. The following
are the daily closing quotations /i>r yearly ranye see seventh
P'PefoUounnQ.
;
.
2
The following were the rates
10 Sept. 21 to Sept. 30
15 Sept. 9 to Sept. 14
Oct. 8
Oct. 4
Oct. 19
Oct. 15
2
Oct.
—
Oct.
Sept.
Oct.
Oct.
112
112
Prime bankers' sterling bills on London. 4 83\®4 84 4 86ifi'®4 87^
Prime commercial
4 »2 ® 4 82^4
Documentary commercial
4 '•1^®4 "2%
Paris bankers' (francs)
5 22i2®21i3 « 5 19Bi. ®1938
Amsterdam (guilders) bankers
39 3 ®39'8
401 1, ©4016
9'r>
Frankfort or Bremen (reichmarkS) b'kers 94Jfl®94!*u
®951l«
of domestic exchange on
at the under-mentioned cities to-day: Savannah;
buying 1-16 discount, selling 75c. per $1,000 premium;
Charleston, buying 1-16 discount, selling par; New Orleans,
bank, 50c. premium; commercial, $1 75 discount; Chicago,
40c. per $1,000 discount; St. Louis, 25c. per $1,000 discount;
San Francisco, iOc. per $100 premium.
1 Sept. 29 to
1 to
20 Oct.
19 Sept. 27 to
16 Sept. 30 to
2 Sept. 16 to
to
30
'•
.TiiMrellaneous.
Amer. Agricult'l Chem., pref. .
Chi. Juno.Rys. &U 8.Y.,pf.(qu.)
Dema7id.
Sixty days.
Bond
Listed TJnlis ed
sales.
shares.
sharfS.
11,350
31,154
30,767
24,241
22,666
21,405
141.583
12,350
51.429
62,732
56.520
42,562
31.257
2.871
9.127
10,300
8,855
7,721
9,015
$125,00(1
49,605
18,183
14,759
19,838
14,529
6,861
11,602
256.850
47.889
849,295
85,772
174,680
59,000
296,510
144,50(1
—
Bind
sales.
$43,200
123,400
182.100
208,350
302,300
91.300
950.650
The stock market
Railroad and Miscellaneous Stocks.
was depressed early in the week, owing chiefly to money
$
$
market conditions, but rallied somewhat when money rates
Ospital
58.922,700
59,022,700 69 022.7< t
became more normal. The volume of business was inBiu-plus
77,:- 82.600
75.292.300 74.363,90(
Loans & disc'nts 747 646.300 Dec 6,016,700 665.395.200 57 .643,8<'0 creased by the liquidation of weak accounts amounting to
Circulation
14 667,00(' Inc
366,900 14.117.200 14,241.000 about 775,000 shares on Tuesday, when the lowest quotations
Net deposits
834,439,100 Deo. 153.^4700 731.909,100 642,149 90'
generally recorded. The decline in active railway
Specie
161.08 »,200 Deo 7.010,700 137,7^6,500 92,15a.700 were
Legal tenders
4 9,*<8 ='.5011 Dec.3,560,300
52,285,-00 95.052.6(0 issues averaged between 3 and 4 points, a part i f which
quota2 1 1 ,068 700 Dec 1 057 1 000 190.052,300 187,206,300 has been regained, and in a tew cases closing
Reserve held
Stocks which have recently
Legal reserve
<:08,609.775 Dec 3,838,676 182,^75,525 160,537,475 tions are the best of the week.
been conspicuous for strength fluctaated most widely.
Surplus reserve
7.076,775 26,668,825
2,45 S925 Deo 6 732.325
Brooklyn Rapid Transit was the object of special attenNote. — Returns of separate banks appear on page 577.
tion by the bear element, and yielded nearly 17>'2 points under
Foreijrn Ex<-ha»'gre. — The market for foreign exchange that influence. Some of the miscellaneous list were erratic
was weak and steadily declined on the higher money features, including Tennessee Coal, Iron & Railway, which
market rates and liberal off"erings of bills. The tone was fluctuated over a range of 12 points; Colorado Fuel & Iron,
which covered nearly 7 points; the Tobacco and Iron and
steadier on Thursday and to-day.
To-day's actual rates of exchange were as follows: Bank- Steel stocks. United States Flour & Milling issues appeared
ers' sixty days' sterling, 4 82i^(a4 82'»4 demand, 4 85%' 4 86; aroons; the unlisted shares on Moniiay and steadily adcables, 4 86J^(a4 86%; prime c mmercial, sixty days, 4 82(a> vanced, notwithstanding the general tendency of the mar4 82J^; documentary commercial, sixty days, 4 81J^@4 82%; ket. United States Leather was also relatively strong.
Sept.
9
.
1
.
'
;
THE CHRONICLE— STOCK
Seft. 16, 1899.]
New York
BTOOKS—HlGHSai
Saturday,
•17
140
Tuesday,
11.
Sept. 12.
•17
39
19
40
19
•17
39
39
18
39
204
81
81X 21« 2r« 214
»iH 66M 634 647^
63
63
61H 62
72U 7a?< 7194 71c ?i
104>S 105H 1004 044
36
86
*8S
*
'•»3«
94«
•33
38
J74H
7494
94 •<
944
93%
15
•94
16H
9'^H
84i<
88
48
82
10
43
10
•41
184
S178
il69
•304
•40
I3l?i
•118
•185
118J<
188
•18><
190
15
43H
44«
B6« 66H
•99^ 9»«
•9
13
•40
44
8
•7
16}< 16ti
ISSJi 134
180
98
76
S3
76
81
14
37H
19K
45^
98^
98
P894
I
944
53
118
58
274 384
60
61
96
81% 834
4194
4196
13396
50
9296
934
'14%
"l596
95
95
824
8394
4 96
43
43
•9
10
10
10
•40
43
•41
43
•28
624
•28
31
•6«4
31
85 ^
8696
•38
•78
AnnDoArbor
374 2794 Chesapeake & Ohio
1314 133 Chtcajjo Burl. A Qulnoy.
49
60
9896 93
126
130
.
.
Do
•2014 210
310
70
60
'303
'302
pref.
65
36
64
6
•344
38
634 634
13
65
Flint
St
'
3,101
"Too
I789i
78H
65
pref.
794 8C4 784 80
794 30 Louisville St NaahylUe.
7994 814
799i 80%
11496 ii':4 1134 ll«4 114% 116% 1164 118
xllb961169< jV/l anhattanE]ey.,ooniol
2054 2084 20B4 30S4 2U6 2094 308 808% 306 307 i» 1 etropolltan Street ....
23
22
8i9i 18196 2196
3196 2196 •304 234 Met. West Side BL (Chlo.)
66 68 ?l^ 68 669* 674 §66 66
Do
66 68
pref.
15K 149< 1596 "6^ 14% 144 164 164 164 154 154 Mexican Central,
. ,
OK
76
6%
£96
75
96
75«
98
•96
25
65
•24H 28
•66
68^
13H 13^
*796
•47>2
76
97
274
68
134 184
41H 43
4096
469i
•47
48»4
48H
41
48
48
184
183
138M 1364 13796
•13«
•134 16
•183
188
184
70
80
70
•86« S6H
35
54
&94
74
74
«8
84
95
65
77
364
184% 135H
76)4
754
964
•3a
00
284
61
33M ?2^
•38« 40
•88
•
83
133
7496
219
36
85
70
6396
7694
444
764
47
•84
90
•634 66
181 133
71
74
95
95
85
659<
13494
754
2'4 28
694 604
319* 824
384 384
83
824
'way 4
33
31
43
43
84
48
90
49
64
64
1314
13294
no
sales
Bid
on
Ask.
41
39
1014 103
.
Oonsol
7*
1903
J4D
76
{IBS
195
irs
84
84
75
97
594
74
97
7394
95
23
this day.
354
74
374
81
•65
•33
Mexican Nat'I tr,
Michigan Central
reots...
Minneapolis
Louis.
St St.
Do
Minn.
St. P.
Do
4 S.
St
Do
Mobile* Ohio
Morris* Bssex
Y. Central St Hudson..
iSiN.T. Chlo. St St. Louis
46
78
50
89
46
78
224
60
32
40
83
Do 1st pref...
83
Do 2d pref
66
Pennsylvania
1314 132
734 74 Pittsb. Cln- Chlo. 4 St. L..
Do
96
96
pref.
33
2294 Reading, voting tr. otf s.
604
S3
1st pref., vot. tr otfs.
2d pref., voting tr otfs..
Bio Grande 4 Western
. , ,
814 814
t Ex
(Less than 100 shares,
(Given at foot of
Street Rall^ray.
7
175
1
Ist.
155
130
105
.
43d 4 Gr St Fer— Stock..
400 420
84
43d St Man 4 St N Ave.
80
lstmort6s 1910.. M4S 11'54 li8
91
2d Income 68 1915. JAJ
88
Ss-Se* Stk
Metropolitan— Se« Stock
Kxch
BxobI
1
Do
div.
pref
and
rights,
Street
35
30
195
9.
—
.
1st
mort 58 1909.
Bid.
180
306
.
8«48ep
.
Jan
6
54Feb
1
224AugS6
334Jan 37
814J'ly 38
208 Jan 84
85 Apr 4
83%Aug
81
Cnlon Ry
Apr 11596DM
Apr
5%0ct
Apr
434DM
8 Dm
364DM
Jan
54J'n«
16
3
16 May 184 J'na
834Ang
12 Oct
83 Aug
53 Oct
17094Jan 315
40 Jan 594Ang
44 Apr 664DM
90 Oct i204Jan
Dm
284Pep
6
67
6
Sep
44 J'ne 74DM
%Deo 14M*y
994Mar 118 Dm
24 Mar S894Deo
46 Mar 784Deo
64Mar 7 Mar
174Apr 27
6
Aug
23
10
22
24
144Jan
Apr
3894Mar
Jan
41
Mar 464DM
Not S84Feb
1 |1674Jan {180 Dm
14494Mar39 105 Mar, 124%DM
1196Mar l596Jan
1994 Jan 23
79 Jan 23 73 Feb 76 Jan
Mar 404Jaa
38
41 Jan 23
1390 Mar 14 1320 Jan 1353 Oot
S1384Marll 1120 Apr U28 Not
332 Apr 20 il784Jan 301 Dm
§185 J ne
394May
'42.F4A 114
1st.
4196DM
74Mar II4DM
Mar 32
Aug'<(9
18
18
18
108
300
116
ist.
Ist 5s
25
16
18
164Feb
4396Feb
3196Feb
40 Jan 734DM
10 Mar 1894 Not
36 Aug 49 Not
Nov 28 Mar
i 15
10 May 174Deo
tl22 J'ly 180 J'na
74DM
34J'iy
824Aug25
78
116
{114
Twenty-Third St^Stock. 395
Deb 58 1906
J4J 106
Onion Railway— Stock .. 190
SttAog
96
Sep
'96
.
34DM
Apr
Apr
294Apr
154 Apr
22 May
6
11
6
6
354Jan
734Jan
330
Dm
30
896Aug
Jan 23
ie94AuK24
Jan 24
.
A 29th Sts 1st 5s.
Jan 26
116
Ask.
190
1494N0V
122
Jan
Jan
Consol. 5s, 1948.. .F4A 120
121
Sixth Avenue Stock
303 320
Sou Boulev 58 1946.. J4J «118 114
So Fer 1st 5s 1919. .A40 «1104 1124
Third Avenue— .See Stock Bxob list.
88th
5
Mar 38
Maris
37563ep
134Aug
444May
.M4N 1094 1104
—
Jan
45^Aug 31
524 Apr 4
53 Aug 28
Railway.
Ninth Avenue— Stock.
Second Avenue Stock.
J'ne
1339sApr 3
269 Mar 88 1254Mar l9494Dee
Before payment of assmt.
i
9
324Mayl5
66 May 19
28%Mar 87
744Aug 23
5-4Aug24
63
100
25
30
36
80
444DM
Dm
79
57 Not
33 11094Mar
83 88%Jan
Aug 17 07 Mar
Jan 34 154Mar
31
B«9
1S84DM
63%DM
844I>««
8396 Jan
6496
Deo
39
83
Jan
Aug
May
504Mar 694An
paid.
RAILWAYS,
Street
J^na
69
33
8394Au^ 31
AU assessts.
91
36 Mar
17940ct
684Apr 4
384Mar 33
434Feb 3
t
Feb
19
Jan 83
Jan
Feb
6794Feb
143 Jan
88 Jan
51
90
194DM
56%Mar 79%8«v
SOHJan 01^AM
e64Mar 78 Not
3494J'ne 4848JP
814Jan 36
774Aug
1396Apr
114 Apr 1996DM
424Mar 63%I>M
3896Aug 83
consecutive 7 kq,^^).^ 81 REEl
Ask.
Bid.
Chrlst'p'r&lOth St-Stock 170
ColA 9th Ave 5s-Se« Stock Bxob
Dry D B B & Bat— Stock
145
1st gold 5s 1983... J4D 117
Scrip 58 1915
F4A 108
Bighth Avenue Stock.
400
Scrip 6s 1914
108
—
tr. otfs.
Sep 14
984Sep
100 1198 Jan
21,392 1896 Jan
15.180 1796Mar
10,314 6 196 Jan
38,775 4396Jan
6,837 73 J'ne
200 33 J'ne
425 6894J'De
8,870 38 May
104 844Apr
1,770 684J'ly
60,732 1324Jan
7,670 43 May
1,100 80 Feb
6,900 1996May
44,555 5194Jan
6,550 264Jan
600 254Jan
400l 66 Jan
6594
5894
3194
46
1294Jan
(83
75
99
Mar
{360 Jan
Or.BB,4N.Co.TOt.tr.ofs.
Do pref., vot.
504 Paclflo Coast Co
4994
Dm
9
8094DM
896DM
4396N0V 6094DM
Jan 34
14%Jan 30
630
Dm
694 Nov
164 Jan 19
1194May
i',i'5o
54J'ne
14
64Aug 24
16%Aug35
Apr
13,310 304 May
47,300 3894J'ne
1,350 32 Jan
40 176 Jan
23,998 13 194 Jan
200 18 J'ne
65 Mar
Texas
384Jny
18094
93 Nov 11 44 Feb
1824Sep 15 140 Oct 159 Feb
2696Apr 27 10 Apr SI4DM
80 Apr 27
40 Apr 7196DM
8%Apr 334DM
834Jan 3
1964Jan
564Jan
63 Mar
HI
Not
Jly
11
12594 Apr 80
Jan
17 Jan
1
Dm
DM
774MaT 97 Dm
114Mar 194Jan
43 Nov 634Sep
9
6
894Jan
89 Feb
"'700
Missouri Paoitio
Sep
984Aug
374May
72 May
3d pref.
8. Marie
pref.
Jan
324Jan 30
pref.
Mo. Kansas
9
27
164May
1,300
.
f^ep
36
70
6
Aug
64
38
Apr I664DM
1134Mar I434DM
5,433
16,915
75
36
43
76
1314 1334
Lex Av& Pav F
110
76
65% 664
964 96
224 224 224
684 594 5896
314 38
S3
374 374 •374 40
814 814 81
82
;
66
34
95
7th Ave— Stock
38}
<•••••
Istmor 6s 1904...J4D 104 1054
2dmor 5b 1914.... J4J 1034 1124
Con 6s 943— Sm Stock BllL iBl.
117
E'lraySu' Ist58gu.l924 115
Sd 6slnt as rental. 1905 1C5
106
Cantral Crosstown— Stock 3*0
lltMes 1923
M4N
«n Pk N 4 B BIT—Stock
•95
84
764 76
OUTSIDE SECURITIES
gtreet Railways.
NBW YORK CITY.
BiMOk St 4 Ful F—Stock.
Iftmort 7s 1900... J4J
75
97
76
85
7294
31H 814
674 6«4
Bid and asked prices
,
75
5%
33
J'ne
18
85
Feb
Apr
834Apr
8%Jan 6
584Mar 17
35 Mar 23
174,170 97 Jan
17,<19 18794Jan
Do
Ist pref.
Do
3d pref.
New York * Harlem
N Y. Lack. 4 Western....
•214 818
314 218 •313 318 N. Y. New Haven 4 Hart.
26% 364 2594 3696 8594 364 N. Y. Ontario 4 Western.
2596
854 864 8496 354 Norfolk 4 Western
Do
70
71
704 70
6994 7094
pref.
534 544 5396 61% 5i'4 53% Nor. Pao. By., TOt. tr. otf s.
Do
pref.
764 7594 764 754 754
•68
iSS
76
834 34
8154 3164 815
86
3696
354
35
51^
354 24
69% 704 6e9«
544 634 6496 639<
76H 76>6 75>, 7«4 764
46 47
•46
47
44H
78
478
764 784 764
474 4896 464
48K
S84
659i
7494
•94
596
24
34
354
2696
6496 6896 8496 6896
884 6496 67
134 134 13
13
13
134 134 13
394 404 4096 414 4096 414 40
4094
454 «6% 4&9< 469« 45M 46% 454 464
44
45
47
46
46
444 444 47
•183 184
S1824 1624 '1824 184
1834 185
1364 13694 135% 138
137
138
1384 1374
•134 15
184 15 134 15
134 134
84
86
71
90
66
64
•65
86?6
•84
•66
64
66
140
43
380
26
20,: 70
7
Sep
334J'ne
450
44,070
llfeH
6
i',730
.
Apr
Jan 1184Feb
94Feb
1694Jan 36
46 Apr 26
134J'ne
Feb
DM
99
714J'ly
28 Mar
30 Apr
10394 Jan 26
684Jan
Aug
764Sep
.
May
14
78%I>«0
34 Sep
31C%Sep
163 Jan 1914N0T
I224Jan 87 80 Mar 114%Dm
125 Sep
85 Mar 94 DM
1
185 Sep 1 1148 Jan 170 Not
254Mar 37
44Jan
996Mar
564Mar 27 234Jaa 374Au«
63%Apr 10 25 Ma.- 474An«
2,330 1434 Jan
118
6 May
1,765 33 J'ly
8,110 644May
6,413 110 J'ne
3,895 104Mar
1,085 424May
794Jan
3,430
7 Mar
100
3 May
15 Mar
"bio 1494J'ne
410 60 Jan
. .
Do
179
173
J'ly
14
49
103
.
794Jan
124 J'ne
600
Mar
Mar
May
Apr
174Mar 3696DM
85%Mar 1254DM
a
124Apr 35
374J'ne
3
Oct
Oct
35
25
63
73
F«b
194DM
6294 Dm
684DM
794DM
8340ot
18
300
210
pref.
Lake Sh. St Mich. South.
Long Island.
449tSep
91
94
9
68
8P9tJai: 33
Jan
74Jan
364Jan
424Jan
10
404r«b
904Jan
444Mar 68 Dm
1034Aug 13
854Aug 39
434Jan
30
19
203
13896Sep
1074May
2,80*0
6
31
6896Apr 20
10n4-.ep
5094Jan
28 J'ne
794Jan
31
6
Jan 33
314Feb
1494Feb
Apr
Jan
31
12294 Apr 22
T6096.\ug3l
64Aug
Valley
Sep
Sep
994May
70
3,170 154J'ly
9,890
49(SSep
2,348 4194J'ne
l,u08 15 Sep
6,653 l064Jan
18,784 157 Jan
4,309 184Jan
KDo
3
•4
39
89
8396Jar.
Feb
170 Jan
300
100
, .
57
pref.
anawha& Michigan...
18
an. City PltU. St Gulf.
9
Keokuk St Des Moines
5
Do
31
pref
30 ;i Lake Brie St Western.
•114
304Mar
69 May
700
2vs7
r'nB.AW.,debt ofs."B'
1144 Illinois Cei.tral
134 A owa Central
684Aug24
7794Jan
11
34
104 Apr
22%Mar
614Apr 12
794Jan 27
137 Apr 15
499iMar
790
A
Do
24%Feb 23
1364Sep
5,834
.
J'ly 19
1204Jan
166^Jan
4,470 1414Jan
Pere Marquette..
Hocking
18
43%J'ne
674J'ne
188
809)i 211
•S3
33
•66
68
1696
Lowest. HighesL
434May33
Jan
45.356
Do
pref.
Ft. W.
Den. C, stamped.
Ft. Worth
Rio Qrande.
/ ;jreat Northern, pref. . .
4
•24
'303
«644 "644
60
33
14 Apr
36 May
17 May
5096Jan
49 Sep
2,750 5994Jan
10 11294Jan
30,825 13 .I'ne
1396 Chicago Great Western...
94 96
110
Do 4 P.O. debentures
81
3,880
824
Do 6p.o. pref. " A"..
424 4294
2,990
Do 4 P.O. pref. "B"..
1,100
994
994 Ohio. Indtanap. A Loulsv..
•41
43
Do
pref
1294 13
Chicago MUw. A St. Paul. 213,580
1784 1784
1,118
Do
pref
11394
Highest.
500
Chicago Consol. Traction.
Chicago & Bait. Illinois.
1494
1684 164
ie4J6
Lowest.
800 8496.Mar
2,380 S04J'ne
S,385 97 Jan
5,550 T4594May
11,«89 3394May
91,615 1244Jan
5796 Cent.Pao., ^peyeriCo.ctfe
5 96
80^ 80%
116
900
pref.
.
•634
•624
26
36
26
26
26
26
264 26
1634 1634 1614 1814 1624 1624 1634 1634
6
6
e
64 64
„S« 844 35
•344 36
34
134
34
34^ 35)4
64
64
6494 649<
634 634 62% 64
634 634
11256 1149^ 1144 1144
114H 114J6 1134 1144 1124 113
•14
14H 134 184 129i 134 134 1396 134 1394
55 67
67
55
57« 67^ 66
56
554 •55
11
•11« 12>, 114 134 •11
13
13
124 11
10
10
9
9
9
UH
584
9T6
»%
94
4
3
•3
•*«
6
5
4
5
4
5
20 31H •SO 21
20 21
19 31 19 21
•19
19
20
214
204 204 204 204 304
11^
•784 80
79 80
80
80
81
794 784 79
•20 1
6^94
•38
38
164^
304
04
21
Atoh. Topek* & Santa Fe. 20,467
6894
Do
pref 805,093
Si
6,690
BaIt.&Obio,vot.tr.cei tf s.
72
7,840
Do
pref
650,967
9394 Brooklyn Rapid Transit.
38
Buffalo Rooh. A Plttsburs
60
Do
pref.
524
53
118
58
574
1834 133
19
4
934 "93^ ("anadtan Paolflo
534
anada Sontbem
11796 1194 Central of New Jersey ....
954
879*
824
43
38
•78
144 15
94
32
•17
•39
.
•e>«
•26
944
92
186
93
•••i4
1S5
9
41
43
9894
Range for year 1899.
Sangefor previ"
On basis of loo-sh're lots ousysar (1899)
Railroad Stocks.
614
714
73
53
118
5«4
874 274
1J34 1324
*o% •45
524 53
7194
38
80
63
117
57
6344
53
73
944 944
94
214
19
4094
219«
6494
15.
,
•14H 15«
•18
33
76
3196
649i
Friday,
Sept.
14.
.
6
I87J4
•17
714
964
(164
81
40
17
89
Sales
of the
Week.
Shares
STOCKS.
Y. STOCK EXOH.
.
S6M 85^
6H 4?^
•48
•20
62
144 154
94
Sept.
679
l.
Weekly and Yearly Beoord,
Daily,
1344 I3r94 131% 1314 13296 13096 132%
%
1784 1784
17«H 17896 17794 17794 '177 179
16H%
1664
1664 1694 1664 167
1684 1684 1684
1674 Chicago St North Western.
'31.5
'205
•207
305
210
3l3 •205 210
Do
pref.
U74 1184 1159i 1174 1164 1174 11596 11796 1144 116 Chicago Book IsL & Pac.
118 IMl
•118
118 119 Chlo. St. P. Minn. & Om..
117 1174 '117
119
119
180 190
•170
185 190
198 170 190 „ Do
pref
134 134
134 134
139* 1394
134 144 11
134 Chlo. Terminal Transfer..
43
43
43
•424 45
43
43
45
484 424
Do
pref.
56
57
57 Cley. Cln. Chlo. & St. L.
5596 584
564 574 5796 5794 56
98 99 »994 994 98 98
Do
pref.
_
•9
10 11
12
11
Cley. Lorain A Wheeling.
104 104 •94 104 8
•38
40 44
•38
38 44
40
40
44
44
Do
pref
•7
•64
8
74 •64 74 64 74 Colorado Mid., rot. tr. otf s.
234 3494 32
23
23
23
224 234
Do pref. yot. tr. otf s.
214 23
5
54
44 4% Col. & Son., listed May 24
496
49<
496
494
*H 6
45
4594
Do
4494 45
Ist pref.
444 434 444
do
449i 449< 144
154 17 116 1(
15
15
Do
il5
16
15
154
2d pref. do
18V!4 13396 12196 12*
1324 1244 Delaware A Hudson
1824 133
1219* 122
174
1774 178
177
178 1794 1794 1834
el. Laok. i Western.
1754 179
214 324 2'4 219< 32
834 839* *L^ 23H Denyer St Bio Qrande.
2296
75
75
Do
75
754 7594
7496 74H
754
pref.
•194 204 18
18 75n
19 20
18
Des Moines Si Ft. Dodge.
20
20
18
•64
44 54 Dnl. So. Shore
6
6
34 54 •5
54 •6
& Atl
14
14
1396
16
•HH 15
154 1394 15
pref.
13 14
134
134 14 134 144 134 1394 EDO
rle.
37
37
87
86
Do
364 374 374 3794 3794
S'M
1st pref.
•17
•15
16 19 16 19
Do
19
184
3d pref.
454 464 44
45
454 46 Kvansy. St Terre Haute
444 44
464 46
96 99 1994 9t>4 •96 99 •96 99 97 99
Do
pref
178
169
210
118«
164
9«%
82«
414 43
9H 84
43H
21
6S9i
52
534
1164- U«94
4
13
18
40
39
38
80
564
i--H
07H 87H 57
87
9^H 37
»79i 88H
184H 135H I82« 134H 1314
•60
50 63
51
6 %
04
954 904
95H
13
Sept.
1004
•76
•52« 03^ 524 53
IIHH 1164 1179<
135
Wednesday Thursday,
6294 63%
604 514
70
71%
95
32
Exchange— A
Page
(2 pages)
LOWEST SALE PBI0B8.
AfTD
Monday,
Sept.
Sept. 9.
Stock
prices
Railway.
<tc.
Bid.
Westohest 1st 5s '43. J4J {110
.
Ask,
_
114
BROOKLYN.
Atlan. Ave., 1st 6s..A40 {107
A40 118
Con 5b g 1931
95
J4J
Impt 58 g 1934
B. B. AW.K. 58 1933. A40 101
—
Brooklyn City— Stock
J4J
Consol 5s 1941
BklynCro88tn5sl908.J*J
BkinHgtslst 68 1941 AA'
344
117
116
100
346*
105
104
4'kyn Q Co. A Sub— S«« St ck Bx. list.
BKlyn Bap.Tran.— Se« 8to OK Bz. List
THE CHRONICLE.-STOCK
580
PKICES
SfOOKS—HieHSST AND L0WB81 SALE PBIOBS.
gaturday,
Sept.
iHonday,
Sept.
9.
5«
5«
6M
60
52
•16
•50
•15)4
16H
•11
•IIM
69
73
87
•36
68
•36
69
69
im
VZH
5
x52)^
'5
2f«
186H 185h
•15
•30
•63
lOlH
36^ 36%
V^^
37'.«
20
40
Tuetdan,
63H
aOH
2094
184)6
•15
•BO
184H
20
40
Wednesday
Sept. 12.
4)6
52
•66
72
§35V6
145^
134)6
35)6
15
35)4
66
16
66
•15
30
78
46?i
78?s
22
7?*
221^
1294
18M
60
31«
17«
56H U'^
•65
117
1117
IBM
100
3696
1296
52)4
ISH
68
66H
44H 44H
•93^ 9J3^
18}^
35H
il60
39
•85
•10
4694
44)6
4596
46)4
75% 78%
76%
22
82
796
21)6
21%
•7)4
2194
11?^
129^
10%
11)4
IIM
58
58
29J<
319^
17H
55M
1794
1691
569i
56
17
56
•17
'115
121
•115
17Hi
18)6
17)6
7)4
82
"iV
10
50)i
15
•60?i
16^ 15^
•66!^
67
40^
41
91
41
•68)6
85
10
80
50%
iSl
15)6
87
UH
1596
6P)6
40
90
4C)|
39
91)4
88)6
•905i
40
39)6 419s
38)4
84
85ii H^M
85)« 85)6
5651 &6^
54
539^
56)i
99
97
97)6 98)6
166^ 156^1 Xl619il53)fi 14896
•119 121
1'19)6 IIV)^ llb94
•98
101
(101
101
S98
41
4C«4
8896
41M 40
89
89
86)6 86)4 •8f94
127 128
125 127)4 124
1148
148
145 149)6 145
6.S
65% 56
5596
54)6
•141
141 il42 142
•139
isa l»Mi 17)6 18
15
2
2H 2)4
ecy 64
63H
20
20H 19
188
190H 191
20)6
191)4
•38)6
43
57%
115
17
186
36
•55
58
"m^
"eik
81H 8Z
•123H 123
64H
106
•114
4394
4596
95
96
59)6
tl94
61V4
122
64>4
105
6396
105
83
122)4
64!i
108
114
30V6 81
76
76
•12)6 15
114
114i«
SOM S2H
76H 77
•12H 15
"Hh
98)6
58)6
80)6
55H
1796
66M
97
100
20
47
100
22
•11
4696
sioi9< 10194
"3iii"s\}4
29)6 31
U11«111J4 •110)6 112
*6
2)6
•6
5H
•50
•12
60
15
•SO
•12
64
54H
97«
•37
61M
97
97!4
4U
170
•160
•37
161
ma
1296
14^
14;^
im
60
15
1294
53)6
97
40
16 )6
14)6
1296
165
29«
l^H
•69
16 X 163
2794 269i
73)6 76
•5.)
699<
8
7)i
121)4 126
30>4
7ei4
5994
»8
118H 125
32
81
•83
•60
85)6
55
17)6
56)4
•3. 117
1135)6 135)i
89V6 ><f)«
44)6
7«96
796
58
31
179^
57
§115
116
37)»
153
16
39%
89)4
88)6
40
85
39%
84)6
649i
97)6
54*1
97)4
83
10)6
67
40
90
43
85
56
98)6
152)4
118)4 118)4
151% 14«%
100
40)6
40
4096
87
86)6
8b
593)6
144
58M
81
122
2)6
2H
61)6
63)6
18)6
188
36
86)4
45)4
96
59)4
8I94
67)6
81
122
63M
27
76)6
•12>6
31
76)4
15
2794
75)6
112)4
64)6
!98)i
•11
65)4
98)4
65
55)4
Anaconda Copper
Ijrooklyn Union Gas
C.lmp't.
&,
8H Colorado Coal & I. Dev't
olorado Fuel ji Iron ....
Do
pref.
'18)4 Col. & Hook. Coal* Iron..
•2
609i
62)4
"17)6
18%
Dock
187)4 CoDBoUdated Gas (N. T.)..
43 Consolidated Ice
90
Do
fc6)4
pref
46)6
46)4 Continental Tobacco
96
Do
x939<
pref
97)6
Detroit City Gas
65)4 68)4 IJ^ederal Steel
59)4
80'^
Do
79
pref.
81)4
187
87)6
"44"
43
>
122
63
123
63
108
General Slectrio
Glucose Sugar Refining.
29
769i
12)4
45)4
28)4
30)4
77
78
28
x7f)4
•18)6
15
•12)6
45
77
44)6
•74
65)6
40
74
66
98
20
5
•50
•12
609i
9b96
•37
160
12)6
6
60
15
52)6
97
40
161
13
160)6 16196
2 )6 88
73
•59
7X
112
7
50
15
53
97)6
§8
75
57)6
18
•15
529<
97)4
53)6
97)6
37
160
160
12%
159
13
79i
8)4
4194 48
115)6 11694
58
90
7)6
7)6
7)6
116
2994 National
Do
Do
43)4
116M
69
7)4
445
certfs
8,243
Istpref
Sdpref.
586
100
200
pref.
10,740
8,130
tr.
Do
NewCent.Coal (new stock)
N. T. Air Brake
89
160
2u
2,250
National Starch
16
161
pref
pref
Lead
296 Nat. Linseed Oil,
296
•6
•57)6
i",9bo
Do
112
98
11996 123
122)6
29H
Biscuit
98
8H
7M
pref.
97%
794
(St. Louis).
Do
6294 National Steel
90)6 91
168)6 164
89)4 30)4
75M 75)4
59
5994
7494
59)4
Laclede Gas
52)6
90
7494
5994
pref.
53)4
«59
SO
6694
98
110
26
18)6
42
Do
77
Manhattan Beach Co
6
57)6
1296
114)6
2H)4 International Paper
Do
pref
International Silver
15
44)6 Knickerbocker Ice (Chic.)
45)6 45% \jational
101)6 i^ Do
29s
5>^96
28)4
74)6
•59
118)4
296
?^
pref.
76M
97
100
•11
20
45)6 46
.
160
Do
lights.
1296 North American Co
8)4 Ontario Silver
42
4291 Pacific Mail
eop'r8Qa8-L.AC.(Chic.)
113)6 11596
68)6 68)6 Pressed Steel Car
Do
9C96 91
pref.
164)6 164% Pullman's Palace Car
public Iron & Steel...
2><H 5:9)4
L)o
pref.
x79)6 73)»
•69
6994 ^ilver Bullion Cenifs.
7
7)i5 •Standard Rope & Twine.
.
118)6 121
Tenn. Coal Iron A
12)6
•794
Rf
. .
RR
Do
.
pref.
3C)6 30)6
29)6 29)6
30)6 31
31)6 3i)6
809< 31)6 Union Bag & Paper
i83
88
83
83
8894
Do
pref.
83
81)4 8')«
•82)4 82)4
50 55 •50 58 60 55 50
62
t52
56 United States Bxpress. .
61
53
51%
53)6 56
519i
57
58)4 Uuit. States Flour MilliDg
5696 57%
72
70)6 72H
7294
pref.
Do
73)4 7696
76)6 77%
779i 7 8)4
1096 lt9i
10)6 1196
United States Leather
1096 12)4
11%
18)4
1296
119s
74)6 75)4
74)4 75
75
Do
pref.
77
76H 77)4 x75)6 78)4
48
4896 49)4
48% 4896 49)6 •4996 50
48)4 49)4 United States Rubber
l'S)6 117
•116)6 117
•115)6 118
pref.
Do
•115)6 118
116)4 115)6
iI9194 192
n9l!4 198 •192 195 •192 195 192 196
Palace Car.,.,
135
135
•132 136
S13S
S132
132 136
eUs, Fargo ACo
•138
186
8896 689t
88)6 89
89
89
8994
89)6 Western Union Telegraph
89)6 89)6
Wagner
Hallway.
Cal.Ceni Gr.AB'kyulsl s
Coney Islaud & Brooklyn.
Bid
111
850
J&J 103
6t certfs Indbtl 91 0. J&J
103
B'kC.&New 58'39.JAJ {114
Gr.St.&New lBt5s'06A4O 104
G'p't & Lorlmer St. 1st 68. 108
1904
KInga Co. Blevat.— Stock
Incomes
Bondf
Nassau Bleo pref
5b 1944
A40
let4s lrf48
IJU
,
Ask.
112
3
5
106
102)4
117
6
8
96
76
tis
97
117
97)6
Lees than 100 shares,
t
(Given at foot of
7
Wtrcet
§
K-aHway.
Bid.
NewWmb'g&Fl l8tei.4)68 106
NY& yus Co 58 1946. A&O
8telnwaylst8sl923.J&J
OTHER
1,110
116
14,S85
116
Kx
div. of
p. c. in
Ask.
107
117
Street
bonds.
I
Railway.
Columbus (Ohio)- Stock.
Con 68 1932.— SMPhila
wn—
1
114
397)6
36
102
106
T
*•••••
11»*)1^
Bid
94
106
Jan 23
Jan 31
Jan 16
80
1
78
13
7
18 Deo
88)6De«
Apr 100
Apr 35 Defl
.
Apr
26
6
31
24
rs
8
8
4
le
4
10
87)6Jaii 24
87)4Jan
59 Apr
94)6Apr
44 Sep
8e94Sep
72 May
10694Mar
182 Mar
123 Mar
105 Apr
5294Apr
109iDM
13 Mar 17
4894J'ne 2
23
Feb
63 Apr
85 May 15 9996Aug
87)4Apr 14 42 Jan
112 Jan 8 330 J'ly
14)6Sep 8 18 Au»
6%J an 6 1896^-Ug
6 Mar 23 10)6Apr
40%Sep 12 65 Jan
101 May 13 129)6Apr
t
Ask.
24
Ex lOOp.
c.
Preferred
111
ynnABoB-lst 5b '94.J4D {112
iia
116
9096Ang
88 Dee
14
14
4
13
20 107)6Mar 146% Aug
20 103 Mar 116 Jan
18 888 Mar §98)6Deo
8S94Jan l&8948ep
112)4Mar 135)6Aug
106 Mar 140MDee
14 J'ne
7)60ct
19<NoT
MApr
17 Mar 32%De«
90
Deo
65 A.\ig
994Dee
4HJ'ly
164 Oct 205)6J'na
27)4Mar 52 Sep
8896Apr 94 Deo
45 Apr
29 Oct
Sep
67
Dee
52
85)4Deo
97 Deo
69940ct
76 Ser
6696Dec 72)6l>eo
107)6Dec l0996l>«o
9694De«
1 8794 J'ne
48 Sep 67 Deo
85 Sep 96 Deo
67 Deo
83)4Deo
6496Ang
96)4AU8
6)4Jan
63)6Deo
06 Deo
3996Aug
14)6Deo
5494Dec
81
Dec
37)6Mar
85 Mar
2
Aug
3096Aug
94)6Aug
26)4Mar
21
19
20
21
12
4
14
9
99 Apr
8)6Dec
894N0V
60 Mar
12)60ct
80
30
Feb
Jan
Jan
Oct
43
Sep
9%Deo
9
24
11
40
14
25
19
Apr 130 Sep
31
794Deo
4)4 J an
3)4 J an
8
37
21
30
6>2Deo
46 Deo
Apr
86)6Mar 113 Not
3
14
7
7
6
xl32Nov 216
29
28
J'ly
60968ep
66 May
8MJan lOHAug
Mar 3894 Deo
Aug 106 Deo
10
17
11
28 §80
28
29
12
88 Apr I68MI>M
15
15
14
4
6
••••1 ••
8MM«7
"oJiApr
5394Mar
76)6l>«*
UMMar 48)6An«
60 Mar llS)iDee
8
31
6
lll8)6My ilslM^c
84
stock dlv.
UExriguts.
RAILWAYS,
<Bc
Bid. Ask.
Street !ttalltTaya.
Metrop W. 8. (Ohio). -See Si Ex. Ll«t.
Mlnneap St Ry-58 1 9. J&J «11")4 Ii09i
'
New
86
98
87
100
840
Bouds
No SUore Tr (BoBl)-Com.
06)6
879i
91)4
IS
licbm Ry4Eleo-lBt5B'80
8 Buyer i>ay» acomfd
int«r
—
Common.
153 Not
88 Aug
J'l,
Orleans City Ry
Preferred
• •
list.
North
Clilcago— Stock..
11494 11694
Ji.(
110
112
Ist 6b 1906-16
North Jersey St Stock.
89
90
17)4
9594 96"
llt)6 119)6
69)6 60)t
S3)6De«
76)6J'ly
26
20
20
.
§
Dm
57)6Aug
62 Jan
97)4J'ly
7 107)6Jan
28 May 31 40)6Jan
110 Sep 12 115 Jan
2 J'ly 18
8)4Jan
4)6Mar 17
8% May
43 Apr 20 57)tSep
95
107
107)6 109
«t 5s
Kansas City El 68
Bonds 4s
Lake 8t (Chtc)Blev-Stook
J&J
deb 68 1988
Lonlsv St Ry— 5 p c bonds
110
796DM
794 Mar
18)|j'ly
4196May 16
Old stock,
Cleveland Ulectno Ry....
M&S
Con 58 1913
CroBst'
39{jan
73%Aug26
22 May «180 Feb
3 52)4Mar 3
1399iAu«
19 S160:^Au 29 1116 Ja
8 41)4Sep 8
11 85 Sep 11
20 13)4J'ly 29
oonsboutivb PA&m).— SI REET
CITIBS.
Bridgep Tr-lst 58 '23.J&J «108
Buffalo Street Ry— Stock. 100
Ist consol 5s 1931. F&A 118
Deb 6s 1932
M&N 112
Chicago City RR— Stock.. 892
CitUens' St (Indlanap.) ..
33
Cleveland City Ry
101
Cleve City-lst 6s '09. J4J lOS
100
9)4NoT
69)6De«
85 Not
31
18)4 Aug 3
lOJsAuK 3
50
67,32C
3,290 4494J'ue 1 61 Aug
3,030 78 May 25 »l Sep
1,740 156 Jan 30 168 Sep
2t',931
22)4 Aug 36 S3%8ep
5,691 73)4Sep 15 79 Aug
60 Apr 21 66 Apr
2,275
7 J'ne 1 12 Jan
83,730 36 Jan 14 l'.i6 Sep
111 Jan 4 leo Aug
2.780 24 J'ne 1 45 Mar
1,416 76 May 31 89 Mar
80 H8 J'ne 9 60 Jan
19,060 51 Sep 11 e8)4Sep
14,635 70)6Sep 11 ';b)tSep
113,445
694J'ne 7 ]296Sep
20,333 68 J'ne 1 78 Apr
5,412 4296Jan 6 87 Apr
865 111 Jan 3 1«1 J'ly
210 181 J'ly 17 1195 Aug
220 1125 Jan 10 135)6Sep
5,953 87)4J'ne 1 »8)4Jan
16*, 2
23)4J'n«
44%Jan
6
24
4
81 J'ne 1 99)4 Feb 8
136,730 t88)6J'ne 21 229HApr 5
450 132 Jan 4 150 Mar 6
15,980 48)6Mar 22 70 Apr 26
75 185 J'ne 5 160 Mar 17
2,990
9)6May 9 2096 Aug 14
800
l>sJan 17
69s Apr 21
118,66;i 30)6Feb
8 64 Sep 11
88 Jan 6 126)4bep 7
6,960
6)4Feb 15 21)4Sep 6
3,255 163 J'ne 6 22<>)4Mar 11
201 20 Aug 16 50)6Jan 31
100 86)4Sep 14 97 Mar la
41,155 36 J'ne 21 65%A|.r 17
11,170 78 J'ne 29 108%Aug2i68 Jan 4 101 Aug lb
64*381'
4696Feb 8 76 Apr 3
14,88? 72)4May 13 9S>6Apr 8
1,400 9S)6Jan 3 126)4Aug 8
6i)6Apr 7 7694Mar 20
140 105 Sep 9 110 Jac 14
120 97 Jan 3 117)6J*ly 18
17,700 2? Sep 13 68)6Jan 23
3,103 75)48ep 15 95 Jan 5
10 10 May 8 86 Feb 27
550 40 Sep 14 63)6 Feb 28
78 J'ne 24 84 Feb 17
i',725
51 Mar 4 6e94Aug 28
20 95)6J'ly 18 108)4May 18
5 Jan 25 39 Apr 85
pref
1696 -Drunsw.
Dec
Mar
52)6Mar
22)6Feb
106
44
14
31
840
pref.
American Tobacco
144
89<FeB
63 J'nt
Feb
115 §103 Jan 8 5119 Feb 26 *97)4Apr
6.180 15 J'ne 16 21%May 25
4,212 5696J'ne 16 689sSep
7
7,075 3394Mar 6 45 Aug 23
15)6Mar
110 88)4Jan 5 95 May 9
66 Mtr
pref.
Do
89
180
'188
189^
45
45
45)4 4596
•99 101)6 ^
101)« •
36" 101)4
29)6 2996 "29)6
30
110 110
•110
1?E^ •110)6 112)4
296
100
3,423
3.105
2,69&
pref.
Do
122
121
6396 6396
63)4
78
66
100
66
•97
.
Oil
Do
94)4
37)4
108
Do
S105)6 105)6
108 ••••••I
Ul09i 11094 •111'" 114)6 •ill"' 114)t •111 114)6 H.B.ClaflinCo
,
.
St pref.
Bzpress
meiican Car & Foundry
American Cotton
44
187
16)i
2)*
18)6
189)4
38)6 38)6
91)4
4594
9496 96)6
59)^
44
55)6
6294
18
43%
1
Do
66X 67
•93)6
128)6 131)4
55
549i 55)4
§137)4 137)4 •137
15%
16
15)i
91)6
44)4
9596
new
B.,
Adams
1896
89
145
189
pref.
& L.
May
5MDec
45
13
4 5594 Aug 31
2396Mar 4896Deo
8%Mar 20)6Defl
17)4Jan
859sMar 1
248 Feb 87 145 Oct 194)6Feb
167 Jan
29 Apr 4 §12 Aug 25 Sep
20 Jan
42 Mar 22
36 Aug 48 Oct
35 Jan
88 Jan
78 Apr 17
16)6Jan 38)6De«
118 Jan
141 Feb 24 107)4Dec 107)6De«
16)6Mar 4496DM
3s)6J'ue20 5096Feb 21
45%Mar 7496 Deo
72 J'ne 1 84)6Jan 23
6)4Mar
9)6 Aug
8%Jan 6i
7)4J'ne 19
14)4Mar 34)4Aa«
19 May 24 25)4Apr 5
8)4 J'ne 1 18 Aug 31
50 J'ne 29 64 Jan 30
21)6J'ne23 3294May 13
13)4May 84 1894Aug 24
4894May 26 59 Aug 28
98
89
145
189
43
57 460
35,4 45
250
3,985
14,955
10
Jan
Jan
17)4 J an
Highest.
40%Jan
100 33 Jan
American District Tel ....
30 183 J'ne
153 American Bzpress
(153)6 152s, •147
7,798
89 Shp
39)6 40)6 Am»Ti'-aD Ice
399i 40)4
640
•80
87
Si Sep
85
85
Do
pref
535
10
«10
10
Amt rioan Linseed
894 J'ne
10),
675 44)4J'ne
52
52
150)6 51)4
Do
pref.
2,3i0 1494 Sep
16
16
15)6 16
American Malting
800 61 J'ly
•66)6 68
Do
pref
66>6 66)6
5,f2i
40
40
40
Amer.Smelting&
Refining
35 J'ly
39)6
5,952 80 May
89
89
90
Do
91)4
pref.
85, 25 24 Slay
41% 4396 American Steel Hoop
43)4 44
6,110 70 May
86iJ,
86
Do
pref.
85H 859*
86,53'
54
45 Feb
54% 56
55)6 Amer. Steel & Wire (new)
4.359 93)6Feb
97
977^ 97%
Do
pref
97h
American Sugar Refining. 128,035 123)4Jan
149% 158
1479< 150
388 110 Jan
•117
Do
119)4 117)4 119)4
pref.
IhO §98 Jan
•98 101
101
American Teleg. & Cable.
6,885
40
33 May
41)6 42
41H American Tin Plate
•
129)6
•l'/6
Do
Do
Do
120
1
6
1,200
30)4
8d pref
1794 Wisoon. Cent, newt wh. is.)
Do
pref
l88.)
(When
56)4
29)6
17
56)4
l4%Feb
76)6 J an
pref
Wheeling
58
9 J'ne 1
896Jan 6
84 May 13
33)4Jan 5
694Jan
7
9
pref.
Wabash
79t
2m
18
11%
58
1796
76%
9
800
Union Paoiflo Ry
Do
...pref
45)6
2156
18^,
94H
59
Do
Do
48)«
77),
796
57
pref., vot. tr. otfi«
Twin City Rapid Transit.
93)*
37)»
16
67
39
81%
30
6«9*
2
61
180
19
20
40
6591
44^ 44k
1596
64
•15
6594
OUTSIDE SECURITIES
ill 58
186
20
40
44)4
126
Do
("ezas & Paclflo.
hlrd Avenue (N. Y.)..
Toledo & Ohio Central ....
Lowest.
6
17 Jan
36 Jan
98)6Jan
37 May
jriotM yeor (1898),
Highest.
J
55
99,05S
9,410
20,552
11,700
IQiscellan's Stocks.
Blu and askedlprices; no sales on this day.
Btreel
53
19)6
186)6 18')«
Lowest,
394 'ne 24
pref.
Dnlnth
12)4
65
§100
Do
.
11
7594
49)4
•
•55
30
51>ji
8H
8H *m 8M
41% 43% 41
42H 40% 4196
119^
114 116%
116
11894
118M
69)6
57)6 5896
69H 59^ 59
90
wy^ §909< 91
89)6 90
164
•796
&
Paul
52)6
21% 28
1'.^
St.
83'-
2096
22),
li9i
77
lOm
I
38)6May 24
330
190
Mange forprt-
Bang* for year 1899
On basisofno-sh're lotn
1.-6
pref.
LXIX.
[Vol.
20"
600
350
3,480
12,995
879t Soutbeni PaolfloCo
1296 Southern, voting tr. ctfs.
65
44
•m
5)4
•15
•30
63)6
Do
35
64
2.
200
16
Do
2d pref
37)6
15)4 St. Loals Sonthweitem...
3-<)6
17%
45)6
66H 66H
20
186
lUO
STOCKS.
STOCK EXCH.
3794
129t
4494
50)4
143
16
101)4
369i
12)6
5294
64
67
46)6
7794
51
125)6
145
55)6
100
12),
39%
11894
15H
3«)4
53
39)6
•81
67
•11
36 •%
N. Y.
Salet
of the
Week.
Shares
5)4 St.J.AG.l8l. vot.tr. cts.
484)
Do
Istpref.
2(1 pref.
Do
3394
ll)t St. L. & S. Ft., vot. tr. ctfs.
78
Do
l8t pref.
•63
•36
15
17)4
10
10)6
16)4
im
17)6
74
•98
•11
47
101)4
879*
•5
§4894
•38)6
5)4
58
35
•6i
15
Sept.
•115
18V.
18
iVs"
82
99
15
1596
369*
120
93
181)6 122
63
36)6
6b
14
168% 68%
31
,
45M 46Ji
9SH 97
•10»t
60
29%
64^ 6 M 64)6 65
43
41
43)6 44
•93)6 94)6
93)6 93)6
35
35
85)6 37)6
37Mi
150
•148
ilSO
150
155
4094
39
39)6 4094
3«94
11J6
20)6
184)6 184)*
•15
20
•30
40
62)6 62)4
185
20
40
77%
120
•50
•15)6
20
ifH
•115
•5
5)6
50
16
37
76*1
•55
29
>Sep/.
72
35)6
•64
66
•136H 140
Friday,
13.
•4)6
50
16
11
•68
37
im
100)6 10>>6
85)4 3«)4
12)4 12)4
5194 5296
1W)6 20X
•188
Sepi.
5)i
•49
•15)6
Ilk
72
37
tlOOH 100^ '100
64H
16H
SSi^
73
36S4
5H
52
HH U^
S6h
15M 15k
36^
36Vi
•66
11
Page
(2 pages)
}
1
88)4
96
16
87
86
Preferred
•roT 4 Phwt'ok-lst 5b '33 {113)6 ll69i
65
76
St.
I
Sept.
THE CHRONICLE.-BOND
16, 1899.]
Price
Week's
Range
Friday
Range or
since
Sept. 15.
Last Sale.
BONOS.
N.Y.STOCK EXCHANGE
Week Ending Sept. 15
Alabama Cent. See Sou Ky.
lahama Hid Ist k d g. 1928 M-N
Albany ASosq. SfeD&H.
Jan.
1.
98^
See Penu Co.
SeeCenofXJ.
101
,
98
J'ne'99
102J^|
Allegheny Val.
Am Dock i
I.
1995 Q-Jt
Ann An or Istg 48
Atch T & S Fe sen g 4s. 1 99.1 A-0
.
Registered
86
1 995 Novt
Beglstered
1902 J-3
Equip trser AgSs
Chic& St Lou i8tes..l9 M-B
All Av Bklyn imp v 5s. .1934 J-J
Atlan & Danv 1st g 5s. .1950 J-J
Atlanta & Cbar. See Sou Ky
Sale
96
"99%
110
Jan. '99
108
ibo^
102)^
88H
83?i
110
100^ 102
42S
96
99ii
387
95}^
98
100%
102^
105" Dec '98
M-N
111
107}^
108
94
B&OSWRycong4}^sl9i<3 J-J
J'ne'99
108>^ 112
Jly'98
Mar'99
1079^
B & O S WTo' Cogu e 5h.'42 M-N
Ohio & Miss 1 St con 4s. 1 947 J J
1911 A-O
2d couso's 7s
Isf Spr'gfleld Div 78.1905 M-N
1932 J-D
Istgerera 58
Beech Creek. See N Y C 4 H
112
HI
93% 94
32^ 32J^
10% 13M
Jan.'99
32}^ Jan.'99
12
Feb "99
iBtlncg Ssser A....2043 Novt
2043 Dect
Series B
Boonev
38M
'
Sale
87« 96«
99% 103?^
Feb '99
102U
Mar'99
95!^
Cen Ohio R 1 st c g 4>^8 1930 M-S
Flits & Con I8tg4s...l946 J-J
B&OS Wist gug 41^3.1990 J-J
& Car.
230
100
424 78
83
Sale
Ba'tB'it
Ifeo A-O
Va&Plstg5s
W
Monon Riv IstiiUg 5s.l91v- F A
Bel
95H
102
101
88
83
1001^ Aug'99
101
Austin &NW. See. SoPhc.
& S. See M ich Cen
Bat Creekprior
1 g 3!^s.l925 J -J
alt & O
1925 J -J
ReBlstered
1»48 A-01
Gold 4s
1948 A-O-t
Beglstered
IstgSsintgu.lflHO
95^ %i%
95
102?^ Sale
1995 A-0
1995 NoVt
Adjustment g48
108^^112
123 130M
103 106
89
89
Jan.'99
128^ May'99
103H Aug'99
89 Feb '99
M
Bway&7thAv. SeeMetSRy
1945 A-O
Bklyn Rap Trg 5s
BkCitylstcon 58.1916. '41 J-J
nSHSale 113M
108
113H
117^ Apr '99
BkQCoA Scongug5s. .'41 M-N
Bklyn Un E. Istg 4-5sll'50 V-A
Bklyn & M ontauk. See L si.
Bruns & West 1 si g 48. 1938 J-J
Buff N Y & Erie. See Erie,
BnffR&PgengSs
1937 M-S
Debenture 63
1947 J-J
Roch & Pitts Istg 6s. .1921 PA
Iti22 J-D
Consol l8t6
100
117^^117^
105% 1081^
100
1U4H
Aug'9W
107X 107
\0(i\i
Sep.'99
1
108
10-
107
126^4
137J^ 130
137
129
129
103
J'ne'99
107
J -J
Buff & Southwest. SeeEne.
Buff St
& S Istg 5s.. 1927
Buff&Susq lstgold58..1913
Registered
1918
W
M
F-A
A-O
A-O
Bur C R & N 1st 5s
1906 J-D 109
Con 1st & col trg 5s.... 1934 A-0 116«
Registered
1934 .\-0
M&StLlstgug7s....lv-27 J-D
CRI F&NWlstg5s.l921 A-O yo«ii
Canada South Ist 5s. 1 908 J-J 108J<
2d5s
1913 M-S n09ii
....
Registered
1913 M-S
. .
'
107
111
127W 129
128 13UH
139
Apr '97
105
109 Sep.'99
1171^
117i*
llOJ^ Feb '99
105
108H
108X
.....
109>i
109i«
Jan.'97
110
11
106
110
111
117!^
105
108
109
105
lUM
112
Central Ohio. See Bait & O.
CenRR & B of Ga—Col g 5s'37 M-N
89
J'ly'99
89
96
Apr'99
119
95
S
i06
UP
Ry— 1st g 58. 1945 F-At
1945 F-At
1945 M-N
1945 M-N
119
9654 Sale
86«
97>^
income g 5s .1945 Oct.*
2d pref income g 5s. ..1945 Oct.*
3d pref incompg 58. .1945 Oct.!
M & N Div 1st g 5s 1946 J-J
Mobile Div Istg 5s.. ..1946 J-J
40
S9J^
40
11%
11%
Ist pref
'
.
11%
MidGa& Atl Uiv5s.. 194 J-J
N J-lst conv 7s. 1902 M-N
Convertible deb 6s.
5s
Registered
. .
.1908
Geneal gold
M-N
.....
130
99
116
1899 J-J
Cen Pacific— Ctfs dp A. 1898
Speyer & Co ctf s BC D 1 899
uar
1211^ 120
121
118
lOOM V9M
Am Dock & Imp Co 5s.l 921 J-J
g
J'ly'98
J'ne'99
J'ne'99
118)^ Mar'99
1987 I-
W
South int
96
102
110
Sep.'9»
100
Mar'99
38
2
11
6
102
7J^
*
»79i
114
99
116M
104%
103H 109
Mar'99
A-0
107 Apr'99
Speyer & Co ctfs
112 Apr'99
C&O Divejrtu 5s
1918 J-J
101 Jan.'98
Speyer &. Co ctfs
1219^ J'ne'99
Western Pacific g 68..189ij J-J
104Ji Apr'99
Speyer & Co ctfs
108% J'ly'99
No of Cal l8t gu g 6s. 1907 J-J
Guaranteed gold 5s.. 1938 A-O
106 Aug'99
Charles & Sav st g 7s. 1 936 J-J
Chea & O—Gold 6s ser A. 1 908 A-Ot
119>^ J'ne'99
Gold 68
...1911 A-OH
12 l?i Aug'99
Ist con g 58
193VI M-N 118H
118
118
Re. ister^d
1939 M-N
117 J'ne'99
Gen gold 4i^s
1992 M-S
9S% Sale 95^
96
Registered
1992 M-S
97% Aug'99
R & A Div st con g 43 989 J-J 104
104
104
2dcong48
1988 J-J 100
100 J'ne'99
Craig Valley Istg 5s.. 1940 J-J
99
95% May'98
Warm Spr Val Istg 5s 1941 M-S
lOlJi Apr'99
ElizLexJi BSgug 53.1902 M-S 101
102
i02?i Aug'99
Chic & Alton sink fd 6s..l90H M-N 108
109 J'ne'99
Lou & Mo Riv 1st 78 1900 F-A 102
104 Feb '99
1900 M-N
2d 7s
106% Feb '99
lOajj^
103
1
112
•NopriceFrlday; these arelatest bid and asked this week,
OUTSIDE SECURITIES
Railway.
Subscript ions
Butt Tr»liaec(Prov)-8t'k
Bid.
17
Ask.
100
101
93
99
91
• • • • • t
80
90
137
35
84
138%
IIM
104
1189< 119%
M&N na6%
Worcester (Mas8)Tr-Com
18%
108
28%
1D8
107
Terminal gold 5s
1914
Far & Sou assu » 6s. ... 1 924
Cont sink fund 5s
1916
Dhk&GtSogSs
1916
Gen gold 4s series A. 1 989
Registered
1989
Gen gold 3%s series B.1989
Registered
1989
.
M L 63.
.
.
.1910
1913
105
105%
109J.J
1065^:
109^ 113
125% 151%
11596 1189«
105
fi96
Apr'99
Aug'9«
100
105
1139s
111%
124
100
105
105
105
1059i 113%
1-3*,
111% 111%
J'ne'99
J'ly'99
120
124
10596 108
1069i Aug'99
114H Ang'99
114
139%
134
116%
189%
109% 117%
Sep.'99
1169^ Sep.'9v
103% Nov 98
107
107
107
Aug'99
116
100
108
Aug*99
108
92
104
173
Sep.'99
161% 173
170
Ang'99
.74^
114% 118%
108%
119%
Sep.'99
173%
170
120
160% 170
160
174%
11
161
Aug'99
112% 122%
120
120%
118% 123%
129 182%
120H 12' H
120
12«% Aug'90
109% Dec '98
120
121% 123
124%
118% 1259^
110 112%
122% 122%
May'99
123
Sep.'99
1189i
122% Aug'99
112
171
J'ly'9V)
Aug'99
l-J§ •109
HI"-
119
115
123
118%
137% 137%
112% 118%
108% 114%
1^1^
105% Feb '98
Q-J§
107
101% 105
10296 Aug'9M
J -J
108%
J-J5
J-D
J-D
Q-F
J-D
J-D
A-O
A-O
A-O
A-O
121
185
145
145
121
121
125 126
142J6 1459<
\l\\i 115
112M 114
115 120
116 116
J'ly'99
J'ly'99
145
112% Aug'99
112H Aug'99
120
116
109
109H
118
109
123
124
Sep. '99
J'ne'99
106% 110%
109
\05% Mar'99
\22% Aug'99
119^ Dec '98
1059^ 109
110
108
121% 123
no
109% Mar'98
118
118
111%
117% 118
J'ly'99
iiiH Feb '98
109
F-A 109
.•Vug'99
F-A
106% Feb '99
M-N 108% 109% 109% Aug'99
103 Nov'98
Q-N
104
J -J
1079i May'98
F-A •121
108 Oct.'98
A-O
124 J'ne'99
M-N
117% Feb '99
M-S 112
MS
MS
110
111
139
143
111
114
140
106
J-J
140
140
124
111
118
Aug'99
10
141
MS
.>I-N
1917
1 988
1988
io69i
129
Sep.'99
Dec '98
140
66 10496 1109i
107%
98%
87%
98% 98%
109% 114
10596
98
83
Aug'99
J'n6'99
138
138
146
114% 114%
131% 136%
132 184%
98% May'99
114
111
114
139% 143
11796129
J'ly'99
114% J'ne'99
182% Sep.'99
132% Aug'99
106H 10694
107% Apr'99
98% Apr'99
124
117% 117%
Jan. '99
138
146
109
106% 106%
102% 110%
105% Feb '97
128
144
J-J n32«
J-J
J-J loex
J-J
DesM&FtDlst4s...l905 J-J
lst2J^s
1905 J-J
Extension 43
1905 J-J
Keok&DesM 1st 5s.. 1923 A-O
Small
1923 A-O
Retistered
General gold 4s
Regisi ered
1
1.
High
1179<
10496 105
135'i Sep.'Ou
11»96
'1896
1st 6s.. 1 930
1 9 1
P & S City 1st g 6s.
.
General gold 6s
Chic &West Mich
J-D
I-N
J-J
A-O
J-J
M-N
•138
•135
•132
98% 99
•121
1
.
.
Cin S & C. See C C C & St L.
97af City & S Ry Bait Istg 5s 922
116% 118^
154
""1
905i
I
92% 97%
104
100
108
100
101
101J4
1019^ 104
108
104
llOM
107»^
106% 106%
t Bonds due July.
Bid.
124
{107
Con Gai (NY)—Stock—
MAN
108
YStk Bxoh
108
116
110
118
F&A SlOl 103%
M&S ni2% 113
295
33% 33%
Com
59
JlOl
ibs"
132%
J'ly
140
134
93% 102M
120% 123
98%
J'ne'97
99
120
Aug'99
9996 99%
120 120
103%
116%
Oct.'97
Sep.'99
112
99%
A-O
J-J
M-N 115%
140
181
Mar'99
140
132
96
106
122
141
127% 138
J'ne'H9
115%
J-D
& Mah. See BK&P.
ClAk&Ceq&2dg6s.. 1930 F-A
C1& Can Ist 5s trrec .1917 J-J
CCC&Stlr-Geng4s..l998 J-D
Clearfield
Cairo Div let gold 48.1939
BtL Div Ist col trg 4s 1990
Registered
1990
Spr & Col Div 1 st g 4s 1 940
WW Val Div
^DueNov.
.
1
st g 4s.
1
940
IDueJune.
7 coirsECUTivE
Ask.
136
127% Aug'99
1
lit 5s
N. Amsterdam Gas,
Pref
l8t oonaol 5s
OttCF&StPlst5s..l909
932
Ry 5s.l 921
Coupons off.
106
921
106
Cin H & D con 3 f 7s
1905
2dgoid4!^s
1937
116Jill9}^
Cin D & I Ist gu g 5s. 1 94
118% 123
CIStL&C. SeeCCC&StL.
2 117% 121
YORK.
Gaa—
Bqult Gaa
Ist 6s 1899
Con. 58 1933
Mutual Gas
Extension 4s
1886-1926
Registered .... 1886-1926
Gen Gold 31^8
1987
Registered
.....1987
Escan &LSuplst6s..l901
Des Mo & Minn 1st 7s. 1907
Iowa Midlxnd 1st 8s. .. 1 900
Will ona & St Pet 2d 7s 1 907
Mil& Mad 1st 63
1905
Ch &UestIlstsf g6s..1919
103
Central Union
DebSg 1908
Sinki gfunil6s 1879-19^9
since
36 113
114
122% J'ne'99
120% 120%
l\SH May'99
137% J'ly'99
106% May 97
115% J'ly'wB
-J5
Range
Jan.
Mar'99
118k 111% Auk'99
J-J
J-J 119%
J-J
J-J
J-J
Registered
1879-1929
Sinking fui.d 5s.. 187 9-1 929
Registered.... 1879-1929
Sinking fund deb 5s. .1933 .M-N
Registered
1 933 .^I-N
25-year deben ure5s..l909 M-N
Registered
1909 M-N
30-year debenture 5s.. 1921 A-O
Regis ered
1921 A-O
120Ji 122>i Chic Ter Transfer g 4s.. 194
Securities.
NEW
190s:
Nor Wisconsin
112
(Given at foot of
Gas
I9(i2
...
Registered
St
. .
Roohester Ry
Deb 68 lull
M&S
3d 58 1933
J&D
Po Side Kl (Chlo>— Stock.
Union Trac (Chic) Subs.
United Rys (St L)— Com.
Preferred
5s. .1921
5s. .1921
I
lUH
.
I
Chic&LSu Divg
Wis&Minn Divg
113
105
.
107!^
105Ji 108}^ Chic & St L. See At T & S F.
11314 ChicStL&NO. Se« 111 Cent.
120^ 120% Chic St L & Pitts. See Pa Co.
112>4 125Jg ChicStPM&Ocon6s..]930
ChStP& Min 1st 68..19I8
107 110}^
. .
.
.
NorthllliDOislst 5S...1910
Mil
Istg 6s... 1921 i>I-N
Convertible deb os. .1907 F-A
Ext&Impsf g 5s. ..1929 F-A
102
Sale
.
Mich Div lstgold6sl924
Ashland Div Istg 6s 1925
12 113M 122^
Incomes
112^121^
1911
6
1917
98% 102}^ Chic Rock I & Pac 8s
1081^ Mar'99
108>^ Mar'«9
lllM Sep.'99
120pi Mar'99
123!^ J'ly'99
.
Preferred
15
114
Southwestern Div 4s.
Chic & Iowa Div 5s. ... 1
Nebraska Exten 4s
1927
11396.
1927 3I-N
Registered
Han & St Jos con 6s... 1911 M-S *iao
ChicBi r&Norlst5s.l926 A-O 10696
Chic&EUl.lstsf cur 68.1907 J-D •114
Small
1907 J-D
IstcongHs
1934 A-O 138 139
Gen con 1st Ss
1937 M-N ni\i 117
Registered
1937 M-N
Chic & Ind C Ry 1st 5s 1936 J-J uo
Chicago & Erie. See Erie.
Chic Ind & Louisville i^ouisvN A&Chlst68..'10
114
116
ChicInd&Lrefg 53.. 1947
Refunding g 6s
108
1947
no
Chic Milwaukee & 8t Paul—
M & St P— 1 st 7s S g R D.'02 J-J *174
1st 7s£goldRD.... 1902 J-J '174
IstC&MTs
1903 J-J •174
Chic Mil & St P con 7s.l905 J-J •174
Ist I & D E.xten 73
1 908 J-J •174
1st Southwest Div es..l90w J-J
121
l8tLaCrosse& D 58. .1919 J-J •il9%
1st So Minn Div 6s.
.1910 J-J •121
1221^
IstHasi&D Div 7s.. .1910 J-J •129
5s
1910 J-J •113
Chic & Pac Div 6s
1910 J-J •i21
Chic & P
1st g 53.
1921 J-J •121
Chic & Mo Riv Div 5s. 1926 J-J •1319i
Mi/eral Point Div 5s.. 1910 l-J •112M
1125-^ 112!^
I>and grant gold 5s.... 1900
et
44M
109H 112
106% Aug'99
Speyer&Coctfsdei'ElwOO
Speyer & Co ctf FGIII. 1901
San Joaquin Brg 6s. ..1900 A-O
Speyer & Co ctfs
Guaranteed g 5s
1939 A-0
Speyer & Co eng cts
1
1922
!
Is
Ask. Lo%c. High. No. Low.
103
FA
.1921 M-.S
FA
905
M-N
4s!. ........
LS&W
116% Aug'99
103>-i
.
Watt Chicago
Oon 1936
91%100M
6s..
.
Btreet
96
1163^ 120
32
Aug'99
J^
95 Dec '98
108
1987 Q-Jt
Leh &
B C con as 7s. 1 900 Q-M!
5s
1912 M-N
LeAHud Reen gug5s.'2 J-J
NJ
Sale
Sale
5
.
Centof
Sale
93^
Last Sale.
.>I-N
.
CRlaF&N. SeeBCR&N.
Sept. 15.
Denv Div
Gold 78
106
Week's
Range or
11856
10696
& No 1st
1st consol 6s
UOJ^llOJ^
Jan.'99
109}i
Cen Branch U P Istg 48.1948 J-D
Registered
Consoi gold 5s
Registered
1913
Chic* ^orthw-Con 78.1915
Carb * Shawn. See 111 Cen.
Car r^nt. See Seab & Roan.
Carthage* Ad. SeeNYC&H.
Cent of Ga
Debenture 5s
Mil
1011^105
May'99
.
Price
Bid.
A-O
J-J
A-O
681
1.
FiHday
Convertible Ss
1903 M-ij
Iowa Div sink fd 5s ...1919 A-O
4g
1919 A O
W
116
..
1st gug5s... 1943
Chic & Altoi. (C.b)—
Miss Riv B 1st sfg 6s..l912
Chic Bur & Nor. See C B & Q.
Chic Bur & Q— Con 78. 1 903
Sinking fund 5s
1901
.
Se« Illinois Cent.
Bridge. See
K &T
Cl&Mah
BONDS.
STOCK EXCHANGE So
Week Ending Sept. 15
.
I
Page
(5 pages)
N.Y.
Ask Low. High. No. Low. High\
Bid.
PEICES
1944
J&J
Consol 58 1945
J&J
Nor On Ist 58 1937. .BiiAN
Standard Gas—Common.
Ist 58
preferred
1st 5s 1930
...iajtS
BROOKLYN.
IDueJan.
Sale
92
95
103%
J'ne'99
Sep.'99
99
May'99
t*7
Bid.
91%
103
Ask.
92%
105
113% 118
ioe% 108
94
133
116
98
118
140
119
Brooklyn Un Gas— N Y St ook B xoh.
1st oon 5»— N Y Stock Bzoh.
Williamsburg Gas— 1st 8s noo
103
87|J
959i
999i
98
97
103%
99
99
Ang'98
87
IDueMay.
38
a These are option salas.
pages).— (?^iS^ SECURITIES,
Gas Secnrltles.
N Y Blec Lt Ht & Pow 4s.
Gold 5s
N Y & Bast River Gas—
Do
70% 91^
91% Aug'99
92
J-J
M-N 103%
M-N
M-S
J-J
Gas Securltlx*
OTHER
(Be.
Bid.
C1T1IS^5.
Baltimore Consoildat—Se <Balt. List
1%
Bay State Gas—
Incomes
Boston UnltedGas Bonds- Bosto nLlst
8% 9
Buffalo City Gas— Stock.
80
!
1st 5s Bonds
Y Sto ck Bx OlU
(Chicago Gas— See
103
;}loero Gas Co 1st 8s
N
'inolnnatl
Gas k Coke.
.
184
45
Olty Oat k Norfolk Va) . .
{101
lit 6s
{And Interest tPrlce [par ih
.
186
50
an
THE CHRONICLR-BOND
582
Pr%e«
Friday,
Week's
Range
Range or
since
Sept. 15,
Last Sale.
BONDS.
K.Y.BTOOK EXC5HAW6E
Wbbk Endinc
L
8t
W AM
(Con.)
Oln
DlT litg48.1991
Oln I St L & G lltg 4t.l93e
1936
Beglftered
1920
Oontol 8«
Oin 8 & CI oon Istg 5s.l928
IndBlA
1st pf 7i..l900
Ind 4
lit pf 5g.. .1938
P«o& Bast 1st oon 4*. 1940
1990
lnoome4s.
010 C& Ind oonsol 7s. .1914
Oonsol sinking fd 7s. .. 1 9 1
0«neral oonsol gold ds. 1 984
1934
Beglstered
0*8 Ist M C C A 1 7S.19G1
01 Lor 4 Wh con Ist 58.1933
81«r 4 Marietta. See Pa RK.
Ur 4 Mabon Val g Ss..l938
1938
Registered
OUr 4 PltU. See Penn Co.
OOI Midl'd— Istg 2-3-4S. 1947
1947
litg 4s
Co) & Sou Istg 48 ... .1929
Ool 4 9tta At. See Met St Ky.
Oolnm 4 areeny. See 8o Ry.
Col & H Val. See Hock Val.
Ool 4 cm Md. See B 4 O.
Ool Conn 4 Term. See
Oonn 4 Pas Rlvs 1st g 4s. '43
W
W
N4W
J-J
>
Atk.
Q-F1
Q-V^
104H Aug'99
115
llSJi J'ne'99
1871-1901
1915
lltoon gnar 7s
Registered
1915
Y Lack A W
1st es. .1921
1923
Construction 5s
1923
Term & impt 4t
II
1900
Warren 2d78
Dal4HDdlstPaDlT7s.l917
1917
Registered
4 S IS Ist conga 781906
Registered
1906
lb
Sold 6s
1906
1906
J -J
J -J
103X Apr'99
85
Apr
85^
17
J-D
J-D
J -J •135
J -J
187
137
J -J
Qa-J
129
134JiJ'ne'99
J-J
J-J
F-A
65
71
86
74
142
5s...
1917
••tMATol. SeeLSAMSo.
Dat AMaok lstUeng4s.l995
Oold 4s
1995
Registered
1937
Dal 4 Iron Range Ist5s.l937
J -J
F-A
M-N
A-O
122
M-S
M-S
A-O
A-O
A-O
A-O
M-N
Sale
'143
Sei>.'99
140
138
122
Ocu'9^
'115^
8d ext gold iii»
4tb ext gold 5s
192i
1928
Btbextgold 4s
1st oonsol gold 78.. ,.1920
Istcousolgold fd 7s.. 1920
Long Dock con gold 6s. 1 935
BaflN Y A Brie 1st 7s. 191
Boff A 8
W gold 6s.
Small
...
908
1908
1
RU Ist gu gold 58.1909
Oblc ABrle Ist g 5s. ..198-^
Coal A RR l8t c gu 68.1922
Dock A Imp l8t cur68.1913
Jeff
99^
M-N
•
90
71
110
M-S
M-S
A-O
J-D
M-S
M-S
A-O
J-D
J-J
J-J
1st oonsol gold 6s. ...1939
Ft Huron Dlv Ist g 58.1939
FlaCen A Pen Istg 58.. 1918
1st land gr ext gold Ss. 1930
A-O
117
•
*120
•106
...... 143
•142
142
'106
May'98
92
Jan.'99
100
9994
10714 Sep.'99
10494
10>94
Friday
H 4 L (F
A-O
M-N
A-O
J-J
Bid.
storlai 5t. i
CoVGas L 4 Heat— Com..
98
69
90
Preferred
J4J «106H
1st 5b 1938
Oonsolid Ga8(NJ)— 8t«k
819i
JAJ
1st 6s 19i>o
Oonsol Gas
Pref
(Pitts)...
Bonds 5s
Consam Gas
1st 68
Pacrolt 0<u— See
Essex
MAN
N V Bxo
A HadBon Gas
90
87H
81)6
100
101
••
13
NYNHAH.
con g 4^8.1999
1 «99
Cent 1st g
4s.
92
105^109
..
101
May'99
100
J-J 101 Sale
J-J
A-O
i'oij'
M-N 108
J-J *114
J -J •I'O
J-J 104
J -J
M-S
M-S
A-O
A-O
106
M-N *
M-N
105
J-J
J-J
F-A •111
F-A
J-J i"d2J^ 'I'ds'
J-J
J-J
J-J
J-J 102
J-J
J-D
J-D
F-A *I21
J -J •100
J-J
101
lOlK
48 101
'128
107M 108
G R. See L S A M 8.
Kal A AMlcb.
an A
See Tol A O C.
E C A MRAB I8tgag5s.l92l' A-O
K C P A G Ist A col g 58.192 A-O
Kan C A Pao. See M K A J
ad gold
S
AM
1st go 68.. 1945
See N Y Cent.
S.
Leb Val (Pa) ooUg 68 .1997
Registered 5s
181
121
J'ly'99
I15«123^
May'99
116H Aug'99
121
Sep.'99
121
121
116!^ 11694
121
lal
106H Apr'99
141H 141H
143 Dec '98
\0»H 106H
141^14594
142
140
139)<
141H
140
140
1941
58.
NortbOblo
1997
N Y lstgag4^8..1940
119H
103
J'ly'99
1121,4
Nov'HH
108
J'ne'99
1079<116>i
103;< 1079i
102HApr.'9^
10496107
J'ne'99
10494 Jan.'99
106 Sep.'99
108M
10494 10494
108 107
101 Mar'98
100>4Sep.'98
114^ J'ne'99
104
45
-J
i'ds""
919i
Aug'99
""s'l" "o'aHi
103J4 J'ly'99
04" iosii
10$M 108^
128
May'99
123" i'28"
••*•• aaaaifl
138
123
100
Aug'99
is6"
'12896
Bep.'««
100
100
103H Apr*99
Apr'99
Feb
939i
106M
104^ io6)i
' 121'
121
9fl
90
Nov'98
104
.ny'99
iu7
Sep.'99
102H108>i
104^ 108
123
Hi
80
107
93W 98^
«3ii
65>t Sep.'99
65
....
116
116
Sale
71
72
....
120>6
114^6 114
Sale
Registered
268
120H
C6
114
106
104
Aag'98
.,.,
Ill
1940 J-J
Leb V Ter Ry Istgn g 681941 A-O
Registered
1941 A-O
L V Coal Co Ist ga g 68.. 1938 J -J
Registered
1933 J -J
Leb A N Y 1st ga g 4s. ..1945 M-S
Registered
1945 M-8
Bl C A N 1st g 1st pf68.1914 A-O
Gold guar 6s
1914 A
114^
i"o2"
134^ Aug'99
71H
103)i
9494 L»eo 'W8
104
105
93
64
103
I05m07)i
97>» 104«
106M Aug'99
M-N
J
103
111
120
113
•105
J-J
A-O
M-N
99M 106^
107}^ J'ly'99
121
104
98
•116
Kansas Mid. See St L A 8 t
Kentucky Cent. See LAN.
Keok A Des M. See C R I 4 p.
KnoxvUle A Oblo. See 80 Ry.
l8tg58.1937 J -J
Lake Erie
10494 111
105
120
IndBlAW. SeeCCCAStL.
Ind Deo A W Istg 5s... .1935 J -J
Ind I11& la 1st ret g 58.. 1948 A-O
Int A Gt No Ist gold 6s. 1919 M-N
2d gold 58
1909 M-S
3d gold 4s
1981 M-S
AW
'99
Aug'99
Dec '98
J-D
72
112
Low, High
106
. , ,
Iowa Central Istgold 5s.l938
107>< 112% Iowa Midland. See Cb A N W.
102H 10996 Jefferson RR. See Brie.
HIM 116
112
Ask. Low. High.
105
104
99
Jan.\
Co.
J-D
J-D
J-D
J-D
J-D
Registered
1951 J-D
BeUev A Car 1 st 6s
,1928 J-D
St L Sou l8tgag48.,,1931 M-8
Carb AS Istg 48
1932 M-8
11794
68
106
7
5894
118«iai)i
103^11*
100
106
105^ 112^
I07U107H
114^
US
I09H
J'ly '97
101
Aug'99
98
Feb
91}^
98
76
11
llOH 111
107« Aug'99
9014,
126
97
66
117
10
ii4>6 Aug'99
'99
101
93
W% 10196
101V6 Sep.'99
LebAHudK. SeeCenofNJ..
A WUkesb. Se« Cent NJ
Leroy A Caney Vai. See Mo P.
108 106
111«1169< Lex Av A P F. See Met St Ry.
L R A M 1st g 6s 1937 Tr otfs.
109
92M Aag'^8
98
83W
8 H
88)4
105
108
48
97
IHH J'ly'99
108^
lOHM
122
J'ly'99
66
NOT'97
100
31
79
bid
"i
98%
709<
77
107
118H
96
10214
989<
108M
122
120
)25H 13 121H 1259i
107H 133 100)< 107J4
••••
••••ae aaaaaa
•••••
J'ly'99
• • • •
Aug'99
Mar'99
65^4 Sep.'99
and asked
95
91
93
iiiHUiH
106 Mar'98
79J6 Sep.'99
<i*H
70
93
72
'"74
HI
110
••••••
74
Ask.
100
Long Dock. See Brie.
Long Isl'd— 1st oon g 58.1931 Q-JS 123
Istcong 4s
103
.,,1931
Oct.'98
184'^
1069f
•••••• •••••
'.'.'.'.'.'.
lit
91
92
931^ May'9e
71
7f
101
lat< et
Feb '99
11694
Bale
108
107Jt 107)< J'ly'99
'
h.llst.
40
27
Sei>.'99
Feb
P
4s 1953
Registered
1 953
Coll tr 2-10 gold 48,,,, 1904
Registered
1904
Western Line Istg 4s. 1951
Registered
1951
Louisville Dlv g SHjS .1953
Registered
1953
St Louis Dlv g 38
1951
Registered
1951
Gold 3J<B
1951
Registered
1951
Cairo Bridge gold 48. .1950
Registered
1950
Middle Dlv reg Ss
1921
Spring Dlv Istg 814s. 1951
Registered
1951
ChioStLAN Og 58.. 1951
Registered
1951
Gold 3^8
1951
Registered
1951
Mem Dlv l8tg4s,,, ,1951
1S2
90
•
Last Bale.
Bid.
See S
LNO ATexgold
Leb V
183
106
105
118)6
City)— Btk
70
85
115
Sep.'99
Sale
Sale
18)
67H
(J
89
78
t14>^ 117H
160^ 154
11096 J'ly'99
98
F-A
125
A-O 107H
A-O ••••••
A-O
these are
Caa Seou rli lew
82
182
Apr'99
106
OUTSIDE SECURITIES
Dlty
134>i
120^ 180^
<
Sept. 15.
Uange
Week's
5<Si
1951
I
iRegistered
1951
Istgold 3j48
1951
Registered
1961
Istgold 38 sterling,,., 1951
Registered
1951
Coll Trust gold 4s
1952
Registered
1952
L
117
•••<>•
•••••• ••«•«•
W ADC—
W
No price
128
122
Sep.'99
Range or
L.eb
J -J
1943 J -J
ConsolgoldSs
Ft 8 A V B Bge. See StLASF.
Fort St D D Co Istg 4^81941 J -J
Ft
Istg 4-68.1921 J-D
Ft
A Rio Or 1st g 3-4s.l928 J -J
*
lllnols
lOfe^
114M J'ly'99
•118
BSaU CoBr-cb I8tg6s..l930
BrAIndlstoongng 6s.. 1926 J -J io3><
Fargo A Bo. SeeCbMAStP,
FUnt A Pere M g 6s. ...1920
\0€]4
141^ 14eH
92M Feb.'99
116
BtATB 1st oon 68.. ...1921 J-J
1st general gold 6s.,., 1942
1st 6s
1923
108
108^
164
141
78
110
A-O
Isteongenlieng 48....1996 J -J
71H Sale
Beglstered
1996 J-J
K Y 8 A W-lst ref 68.1937 J -J iioji !!!.;
1937 F-A
Sdgoid4H8
97 Sale
OeneralgSs
1940 F-A
Terminal Ist g 68... .1943 M-N 113
Regis 96,000 each. 1943 M-N
WUkAKaslstgng 581942 J-D 106^ Bale
Mid RRofNJ Istg 6sl910 A-O 121
Mt Vernon
Col
8ep.'98
108
J-D
J-D
A-O
Small
1946 M-N
Brie 1 St oon g48prbd8.1996 J -J
Registered
1996 J-J
Bnreka Springs Istg 68.1938
134^ 137^^
117
J'ne'99
l8t
Registered
108^^ 111
106« 106!^ Aug'99
Sale
106H
M-N 116
M-N
J-J 120H
N Y AQreeuLgug58.1946 M-N 108
BseanALSap. SeeCANW.
Hock Val
1241^12494
141^ 144
n6H J'ne'99
astTVaAOa. See.SoRy.
HlglD Jul A U Istg 5s... 1941 M-N lOSJilll
BlU Lex A B 8. See C A O.
Blm Cort A No. SeeLehANT.
1947 M-N
rie 1st ext g 4s
118H
1919
1923
38
133^
122
J'ne'99
123
Price
Friday.
HAH of '82 Ist 68.1918 A-O
onsatonto. See
17
135J^
is's" i*42W
Ang'98
Seit. 15.
[Vol. LXIX.
2.
104H Qa A Ala Ry Ist pf g 5s. 1945 A-O
l8t cousol g 58
1945 J-Jt
Qa Car A No Ist gu g 68.1929 J-J
118« 118^ Georgia Paclflo. See 80 Ry.
103!« 103H Gila V G & Nor. See !<o Pac Co.
Grand Rap A Ind. See Pa Co.
8294 88ii
Han A St J. See C B A Q
126^ 12RM
116H Aug'99
133""
SeeStPMAM.
5s.
^'aX
97
J'ly'99
108
146
143
W
tdextgold
60
86
May'97
124^ 120« Apr '99
Sd lien mortgage 6a ... 1 9 1 J -J
A 8 lBtg5s.l92tj J -J
Dal Red
BoISoShore A Atg 5s. 1937 J -J
East of Minn.
8594 208
7
7894
141«
EXCHANGE
& H V 1 8t ext g 48.1948
Houst B A W T let g 58.1 938
108^ 108^ Hons A Tex Cen. See So P Co.
126^4 J'ne'99
1949i Aug'99
14196
14196
107
8ep.'9«
108« J'ne'99
A-O
J-D
J-D
ARQrlstgold7s..l900 M-N
lstoong4s
1936 J J
1936 J -J
4^8
Improvement gold Ss.l928 J-D
D«s M A Ft D. See C R A I P.
Istg
72
85
1.
A-O
1st oon g
SesMUn Ry
64?^
Sale
32
Sep.'99
108HFeb'99
108^ Aug'99
Sale
18
86
28
J'ly'99
A-0
A-O n09%
|t«n
••sMAMlun. SeeChANW.
17
Sale
138«
Regi8tered
1921
lBt7s
1921 M-N
Registered
8l
RR
D Rlv
Bge. See Pa RR.
Den Con Tr Co Istg Ss.. 1933 A-O
Den Tram Co oon g 68.1910 J -J
MetRy Co 1st gag 68.1911 J -J
BensASar
96
102
M-N
.1900 J -J
7l
High.
96^ Apr '99
4 Gt So. SeeCMAStP.
Dak
alias 4 Waco. See M KAT.
Dal Lack 4 Western 7s.. 1907 M-8 123
SjT Blng 4 N Y 1st 7S.1906 A-O
Morris A Bssex 1st 7s. 1914 M-N 14 i"
7f
Low
98
104
Page
(5 pages)
BONDS.
W.Y. STOCK
Wbbk Ending
Low. High
r^al nar ASA.
Sept. 15.
Bid.
C CC&
Jan
PKICES
a a •
aa
98
t
10354
180« 194
lOOH 107
100
101
77
62
this week, t Bonds
110
101
87«
6696
General gold 48.. ....,1938 S--i!
98
Ferry 1st gold 4^
1922 M-S
98
Gold 48
1932 J-D
Debentore gold 68.. ...1984 J-D
95
Ist g68... .1927 M-S
95
N
Income
2d
,..,,1927
N Y B A M B con g 58. 1935 l^S •106
Bklyn AMon Istg 68.1911 M-o 115
Ist 58
1911 M-S 106
Nor Sbb Istoon gga5s..'32
96
YARB
.
N YBayBxRlstgag5s'43
Montauk Bx ga g Bs. ..1946
La A Mo Rlv. SeeCblAAlt.
L B A St L Con on g 6s Tr oerts
General gold 4s
4i>iiB
Securities.
Wayne (Ind)— Sto A
Bid
88
1st 6s 1926
JAJ 75
Grand Rapids— Stock
1C6
1st 58 1916
FAA 106
Hartford (Ct) Gas L... 25 t 43
Indiana NatA 111 Gas— Stk
68
1st 6s 1908
MAN 70
....
Indianapolis Gas Stock. no
Ist 6b 1920
MAN 103
Jersey City Gas Llgbt
860
Laclede Gas—N Y Stock Biob
Lafayette (Ind) Gas— Stk
65
l8t6a 1924
MAN 79
NO AM
—
68
78
108
lue
72
Due
April,
• •
•
70
88
,
i
124MJ'Iy '99
ISO
ia4M
98*' 102**
99
101
J'ly'99
ibo"
Jan.'''99
106" io5'
107
Jan.'99
i'o7**
i>9
99
101
107'
iou}6 1'0'^U
Sep.'99
60
78
8 Aug'99
106
N0T*97
ISli, Aug'99
6
10
81H 61
9
104
BH
....
181H
114
113
118
109
185
1169i
109
63
117^ 188
113
118
107
Aug'99
J'ly'99
108«
109H
9994 Sale
118)6
181
109
Dae'98
6794
6794 J'ly'99
107
'
18894 188)6
J'ly'y9
J'ly'99
«7>6
Nov'98
108^ Aug'99
108^ lOOU
10914 Sep.'99
991^
100
107)4 I10)i
94M 100)6
09«
Due January. IDueOetobsr. IDneJuly. aOptlonaL
vKQm).—QA8 SECURITIES,
Kaa Secnrltlea.
Loganspt A Wab Val— Stk
JAD
Ist 68 1925
Madison (Wis) Gas— Stck
1st 68 1926
AAO
Ohio A Indiana— Stock
1926
JAD
1st 6s
A Coke— N Y
Bid.
48
87
80
no7
47
87
Ask.
62
70
84
111
60
69
Stock Bxoh
PbiladelpbiaCo— See Bos ton L 1st.
46
47
St Joseph (Mo)
JAJ
98
99
5s 1987
68
St Paul Gas— Stock. .
98
Consol Ss 1944 ....MAS { 91
10
iyraoose Gas— Stock
12)6
Peoples Gaa
76
128
106
60
M-S
M-8
1980 J -J
ANasb Istg 6s.. .1919 J-D
General gold 68
1980 J-D
Pensaooladlv gold 88.1980 M-8
BtLdlv Istg 88
1921 M-S
2dg3s
1980 M-S
Deo
Ist
NMh A
1900 J-J
7a
Sink fd (BAA) g es....l910 A-O
SAN A Congo g 6s.. ..1938 F-A
1987 M-N
Gold 6s
1940 J-J
Unified g 48
Registered
1940 J J
t
37^
iooji Apr*'99
....1930 J -J
Istg 6r
S3
J-J
Sd gold 6s
due August,
Ask.
1943
Loa A Nash—Cece) Br 7sl907
(Given at foot op 7 oonseoutivb
Fort
99
S7« Aug'99
Uas Securities.
Syr'seOas- ii Ss '48.JAJ
Western Gas (Mllw)
6s— S(«
NY
St
Bx
Telee. Sc Teleph.
— NY
.
A
Poto Teleph— Stk
Bond 6s
Jommerdal Cable
Jommer Union
j
Bid
80
102
Ask.
86
103)6
list.
•"••nodn Dl«' Telo
Bell Teleph. of Buffalo.
Jantrai «. cioutb A.ai<iv..,.
^hes
dtc
Stock Bxoh
176
114
76
104
184
Tel (NY).
And Interest. tPnoe
117
76
eaaaaa
180
118
par sb
i
Sept.
THE CHRONICLE.— BOND
1899.]
16,
BONDS
51
II.T.8TOOR EXCHANGE
Wbbb. Ending Sept. 15
4^
Price
Friday,
Bange or
Sept. 15.
Last Sale.
Bid.
Lon & Nash
(Con.)
Col tr 5-20 g 4a ....1903-18 A-0
Pens A Atl iBt Kn g ds. 1 92 FOol] trust g 5s
1931 M-N
99^
112
L'&NA.M&Ml8tg4^8 1945 M-a
NFla&SlstgugSs ..1937 F-
Week's
99
LOin&Lexg 4^i..,,1981 M-N
Xi* JeffBgeCo gug4i.l945 M-8
Ii N A & C.
Set CI St h.
Itl
101
I14>i
108
108
110
91
99
108J4 Auk'99
1 08
Aug'99
99
103
94
IiOuUBrCoUtoong5a.l980 J-J
109«
128
102
N YCent
108H
106^ no\i
99
Jan.'OS
Sep.'99
"94"
"98ii
Mar'98
109
MahonCoal. Se«L8&MS.
W
1.
99% lOOM
114% 114)4 Aug'99
109H 108H J'ly'99
98^
1081^
109W
I! 9
Aug'99
102 Sei).'99
95
116
112;<
1819^
100% 102%
.
.
Bl. S««Man Ry.
Met St Ry gen o tr g Ss. 1997 P-A 120
Bway*7thAvlstcg5s.l948 J-D •I22J<
.
1943 J-D
OolA9thAv Istgug5s.l993 M-S
Registered
1993 M-J*
120
123
Sale
,
i24'"
Lex At & P F 1st gu g 5s.'93 M-S
Istoonlnoome g
Id oon Income g
i24*'
M-S
4s...
8s...
1911 J -J
1939 J'lj1
74
2b
::;;;:
'.'.'.'.'.'.
78
Sep.'99
8s....l9:-t'
qnlp4ooUg58
ni7 \-0
Mexlntematlstoi i 4s.'77 M-8 86^ Sale
Mex Nat 1st gold 6s
1927 J-D MOO
SdUic6s ACp 8tmpd.l9l7 M-8*
8d Income gold 68 B..1917 An.*
Mex North l8tgoJd6s..l910 J-D
.,Beglstered
1910 J-D
Mich Cent. Su N Y Cent,
Mid of N J. S«« N T 8u8 4 W
MUBl Ry4 L30-yr g Ss 1926 F-A
M L 8 & W. See Chic & N W
Mil & Mad. See Chic & N W
Mil A North. S««ChiM4 8tP
MU A 8t P. S«« Ch M & 8t P
Mln A St I, gn. Se« B C R 4 N
Minn A 8t I.— Ist g 7s 1927 J-D
.
J-D
J-D
A-O
M-N
M-S
J-J
Paolflo ex 1 81 gold 68 1 92
1st cons gold 58.
19bi
1st and refund. 43 ,..lv<40
iBt 5b st 4Biutgu..'36
l8tg 48 lntga.'26
.
M AP
M8BMAA
1st 7s. 1903
SS...1942
MoPao— Istcong 6s ..1920
8d7s
Tru»tg i»
•115^
97
Income gold 4s
1945
Mob A Ohio new gold
6s. .'27
1st extension gold 6s. 1927
Qeneralgold 4s....
1938
.
MontgomDlT Istg
5s.
.
NaahChatAStL
.
Feb '97
71
70
Sale
Sale
9S
90
78
95
89
78
Sale
2
i'27i^
78}<
16^ 89H
100
100
14
14
lst8flntgug4s8erA.'40 J -J
RWAOTRl8tgug5s.l8
Moh A Mai Istgu g48.1991
Cart A Ad Istgu g 4s. 1981
N YAPutlstoongug4s.'93
N Y ANorth Istg Ss.. 1927
Lake Shore 4 Mloh South—
Det Mon 4 Tol Ist 7sl906
Lake 8 hore oon
Registered
145
121
127
J'ly '99
Jan.'99
Deo '98
97^
16
110-^
30
9iH 118
3.8
72
19
955i
3
89
73
2
150
125
127
91« 96
66H
82
86
95
75^
Sii
86
96«
97
9aH
95
96
106 109
lllJ^llS
lll>4 J'ly'99
108
106^
112^
88
J'ly '99
J'ly '99
106H
1139^ 132
lllJi J'ly'99
105
105
110
inevi
107H
114^
IIIJ4
••••••
•129^
129
Aug'99
1219< J'ne'99
•"86 Ji
13
108
Sep.'99
135
117
S2H
106
•••••» ••••••
ISO^i
12a
90
loeH
••••§ ••••••
••••••
115
6t.
1931 M-9
1931
1940 t^l
1940 J -J
128
Bate A 8t Istgug 3s. '89
N Y ChU A St L litg 48.1987 J-D
A-O
Convert deb certs $1,000
Small certfs$100
HousatoDlo R con g 58.193*7
N H A Derby oon 5s... 1918
NYANBlit7i
1905
lit 6
1905
Mar '99
115
,
,
,
,
,
103
112 Sep.'99
112 J'ne'99
109 Aug'99
118MJan.'e9
109H
Sep.'97
103!4 J'ne'99
104M Feb.'99
10^H ioi9g
102?i Aug'99
OUTSIDE SECURITIES
» Hay
-.i^.t
i>.|
B
Bonds
8
oston
42
Ask.
80
115
50
118%
9«
fludson River 'Telephone iu« 114%
Intematlon Ocean
115
Mexican Telegraph
215
880
Mexican Telephone— See BOBtO nllBt.
New Bng Ttiep— See Bust on Hit
Northwestern Telegraph. US
NT A N J
5i 1980
Telephone....
MAN
176
113
• i
Eddy
•• •*
116
L
Mfg
Bid
18%
••...
128%
128«
118
:28%lSa
••••ft
Apr '99
118
Aag'98
'St«*t •••«!
'••••• •••ttl
J'ly '99
123" i'as"
113
193
123
107%
106%
114% 117%
114% 116%
ICb
118%
1035i
1.894
114% U4%
109% Sep.'99
111
Apr '99
108%Deo*97
121" Oot.''98
110% Aug'99
103 May'99
106
111
•••••• eetf tl
•••••
109
112%
103
103
Feb. '98
108
•••••• •••e«
••eee* eta**'
••••
••#•••
Jan.'98
1^8% ir9
105% 106%
i'o's" Sep.'''99
H-6%
J'ly'99
I04V< Oct -^7
188% 18S%
73
191
133
)H6
133
189
lf>6
Sep.'99
133
Aug'99
17% 121%
117?^ J'iy"99
113 J'ly '99
113
104
104%
101%Nov'9S
104
10
li3
116
103
106%
N Y Tex 4 M.
Ist
RRALGif g6i.'21
Registered
Registered otf s
1 923
Prior lien r A 1 g g 4i. .1997
Registered
1997
General lien g Si
2047
Regiitered
8047
Wash Cent Ist g 4s. .1948
Nor Pac Ter Co 1st g 68.1938
Nor Ry Cal. See Cent Pao.
Nor Wis. SeeCStPMAO.
Nor A South Ist g Ss. ... 1941
Norfolk A WesternGen g 6s
1931
New River Istg 6s. ...1932
ImprvmtAext g 6s. ..1934
118
»180
\03J^ Sale
"66J^3'aae
.
CO AT Is
gug5i....l922
Elstgug4s.l989
Ry Istoong 4i.l996
V4N
W
1<4W 180
119% Apr '99
1921
8tPANPgeng6s...l923
118
M-N
M-N
A-0
F-A
J -J
M-N
A-O
A-«
A-O
Sale
112
J'ly '99
••••ei •••••!
•101
95
118
131% May'99
181% 131%
132
103
J'ly '99
132
95
118
May'99
138
103% 217 101% 106%
102
103% Aug'99
104>i
70
66
66% i77 66
66% J'ne'99
65% 66%
10
118
bU
113
96
119
108%
J'ly '99
107% 108%
185
130
J'ne'99
130
130
101
lOi
reb'fl-^
Aug'99
117% Ang'98
.. ...
185
130
•
•••§
fl
96% 101
88% 9«>%
95% 95%
8
134
101
94%
95%
95% J'ne'99
Sale
J-D
A-0
J-J
OreByANaylitif g6i.l909
Ore RR A Nav oon g 4i. 1946
103
108
75%
J
•D lOv^
127%
73
....
128
1945
118^
102
79
J-D
{
M-N
15
Edison El 111 Co NY— N Y Stock Bxoh
Edison Bl ni Co Brk— N Y Stook Bxoh
BdlsoD Ore Milling Co....
12
S
Jan.'98
s
79
Sep.'99
65
118%
102%
Sep.'99
128
121
108
Sale
Salo
79%
128
Mar'99
May'97
118%
IS
115
103
45
79% 170
102
8
Companlea.
End
Electric Light.
108
85
•
•••!
85
103
66% 80
24 103
104%
108
^•••i ••••«•
114% 118
118% 116%
116% AuK'99
113% Mar'99
107
102
Nov'98
117%
118%
Sep.'99
J'ne'99
113
107
Nov'98
Deo '98
114% lis
ai 114
Due May. tDneNoT. a The- are op ttoa
Electric
••••
110 114
73 lOOH 105
133%
3 128
181
121
103%
104% 104
118% 113% Punama Istsfg 4%s....l917 A-O 105
8fsub8idyg6s
1910 M-N
i03% i06" Penn Cogu Istg 4%s... 1921 J-J
Registered
1921 J-J
iWi% iWh
Gtd3%sooltrastreg.l987
102% 1029i
P OCAStLoongiig4%8— M-8
110% 118%
BerleiA
1^40 A-O
111% 118%
Series B guar
1942 A-O
49 99% 108
Series Cguar
1942 M-N 113
Co..25 t
J'ly -98
112
106%Feb.'98
(Giyek at foot op 7 oonsboutive pages).— T.^Z
Electric
96
••••
123
NYAPut. SeeNYOAH.
N Y A R B. See Long IsL
N Y 8 A W. See Brie.
Oswego A Rome. See N Y C
lll« 117% O O F A St P. See C A N
112 117% Pao CoastCo— lit g6i.l946
107% 113M
aoof Miisonrl. See Mo Pao
Ask.
"aoiflo * AriHntin ...
78
83
Providence Telephone
100%
Southern 4 Atlantic
98
102
West'n Union Teleg— N Y Stook Bxoh
Electric Coinpanlea.
Allegheny Co Light Oo... 168
173
Brush Islectric Co
44
46
Br'dgprt (Ct) HI Lt Co.35 t 47
Consol Electric Storage..
10
30
LUt
J'ne'98
1
• • • « •
NY
W
Teleg. dk Teleph.
IU6
110%117W
"9% 11 eg
13
121% J'ne'98
125% Jan.'98
117«
A North. See N Y O A H
NYOAW
Ref litg 481992 M-8"
U0»^ 1I0«
lian Apr '99
Sale
"9% 100^
Registered
1998 F-A 100 Bale
13
99H 10(1
98 108
Series D 4s guar
• NoPrtO'^^-aTitheiearelateitbld-^aakedtlUiwaak.
tD«a Jan. tDneJan. y Due June.
Sale
Aug'99
Bl
OIndAW. SeeOCOAStL.
A-Ol
J-J lllVj
M-8 106?)5
Beglstered .... 1884-1 904 M-8 ioe?s
Beg deb Ss of ...1889-1904 M-8 10Q%
Sebentore g4i. .1890-1905 J-U •loiH
Registt-red ...1890-1905 J-D •101
Debt certs ext g 4i....l905 M-N *102H
Registered
1905 M-N 102
OSiiB
1997 J-J 11 OH
Registered
1997 J-J
Lake Shore ool g S^s. 1998 F-A
99^
Teleg A Telep— See
Pranklln
Qold A Stock
••»••
188
.
Ore Short Line Istg 6i. 1922 F-A
Utah A Nor lit7i
1908 J-J
Gold Ss
1926 J-J
Ore Bh L— lit con g 6i...l946 J-J
Non-«um InoASi
1946 Sep.*
Non-ou Ino B A col tr..l946 Oct.*
1908
Debenture 5s of. 1884-1904
Rne
110
M-8
.
Bid.
109%
'104
IS254
hio A Miss. See BAO SW.
Ohio River RR Ist g 5i..l936
101
General gold Ss
105M 108%
1937
•«•• •••• Om AStL Istg 4i
1901
•«••« •••••
Ore A Cal. See 80 Pao Co.
180
101
Sep.'99
112
133 J'ne'99
103«
1085i
lOSJi Aug'99
lis J'ly '99
•••••a •••••!
M-N
Registered
1996
Small
1990
Nor A Mont. SeeN.Y.Cent.
ISO
101
il3%
118
113
123
1902
1909
Qen
107H Aug'99
108%
97% 100
103% 108
103 106%
98
See 80 Pao Co.
North Illinois. SeeOhlANW.
North Ohio. See L Brie A W.
98^ Northern Pacific—
91^ 102
106
Aug'99
May9fl
Aug'9»
Aug'99
May'97
••!•••
1st oon 5e
6s
Registered
1937
N Y 4 Greenw Lake. See Erie A-O
NYAIiar.
110«118H
S««NYOAHud.
97
N Y Lack AW. See D L W
100
N Y L E A W. See Brie. A
NYANE. SeeNYNHAH
N Y N H A Hart Istreg 4s. '03
nOMllOH
Low.EigK.
•••••• eavtei
ClnA81stgLSAM878'01 A-0 ••••
KAAGR l8tgo58.1938 J-J
Mahon C'l RR Ist Ss. 1 934 I-J 128
Mloh Cent— 1st oon 7sl902 M-N •110%
Beglstered
Apr '99
X,
High,.
iVs"
113
107
F-A 119
J-J
1900 Q-JJ
1903 J-D
1903 J-D
1997 J-D
1997 J-D
,
Consol2d7i
130
109
M-8
J-D
A-O
A-O
Regis »5,000 only... 1992 M-Sli
N T Bay Bxten RR. Bee L I.
M TCentAHR— Ist7s.l903 J-J ni«
Beglstered
JBmiiirB
1 st 7s 1 90
Gold 8%i
103^ 105H
Jan.
[*1-N
Oswe A R 2d gug5B..1915 F-A!
Dtlca A Blk Rlvgu g 4s. '22 J-
Registered
.
Teleg. dc Tfleph.
100
104
104
103
Small bonds series B. .'40 J -J
Ist gn g 58.'42
R AOgcon l8text5s.'22 j-r
A-O*
Nor A Mont Ist gu g 5s. '16 A-O
N4
1st gold 68 Jasper Boh. 1923
Se« L 4 N
99>4 100
.
Solo
lst6sMcM MWAA1.1917
NawHAD. SeeNTNHAH
K J Juno RR. See NY Cent.
N J Southern. See Cent N J.
NewAClnBdge. SMPennOo
K OANEprlorlleng68.1915
K T B A Man Boh. See L 1.
coll
Ist 7i
Registered
-J
J-J
J-J
J-D
Q-J*
M-8
F-A
(Con.)
g 3%s..l998 F-A
1998 F-A
1900 M-N
Registered
1900 M-N
N J Juno R gn lit 4s 1986 F-A 103
Registered
1 986 F-A
West Shore 1st 4igu.23fli J -J
Registered
2361 J -.T 112
Beech Crk Istgu g 4i.l936 J-J 110
Registered
1936 J-J
2d gn gold Ss
1936 J-J
Registered
1936 J-J
Clearfield Bltum Coal Corp
1484
8 lOlJi
107
105?<
107J^
118
118H 25 1085* 1219,
116>6 115^ Aug'99
117
"40 114
J-J
130
1901 J -J 101
101
1928 A-0 106M lOSJi 108
1917
•••••* ••••!
lit6sT A Pb
46
96Ji 8ep.'99
1st 7s. 'IS
2d 6s
lit oon gold 5b
Nash Flor A 8hef
97
»3%
95
A-0
1947
1931 J -J
Bt L A Cairo gn g 4s
Mohawk A Mai. Set N 7 C 4 H
Monongahela Rlv. 8m B 4 O
Mont Cent. Se« St P M A M.
Montank Bxt. See Long Is.
Morgan's La 4 T. See 8 P Co.
Morris 4 Bssex. 8eeUelL4W
"86 ji
100
Apr"'99
llOX
J-D
A-0 105H
M-N 118
M-N
J
68H
f>H
4
.
Small
29M
14'
97H 97
1«U6
1917 M-3t
96
98^
I9i7 M-8t
1920 F-A
94^ 96
1920 F-A
PaoRof Mo lstexg48.'38 F-A 105
Sd extended i<oId Ss 1 938 J-J
Verd V I A W Istg Ss. '26 M-8
LeroTACV AL IstgSs'Se J-J
BtL A I Mt Istextg 4^s.'47 F-At
idextg 58
1947 M-N
Senoonry41dgrtg5s'31 A-0 113 Sale
MobABlrm prlorlleng 5s.'45
100
21
1502
78
8S%
150
121
127
188
Beglstered
lit ooll gold 6i
Beglstered
OenconstampgtdgSs'Sl
MlilBlTBdge. Se«Chlo4Alt
Ask Low.
Registered
«•
151
.
Neosho
Last Bale.
Weel^s
Sept. 15
Registered
Mo Kan A Tex— litg 4s. 1990 J-D
Sdgold 4s
1990 F-AII
1st exten gold Ss
1944 M-N
MK&Tof T l8tgug5s.'42 MKC 4 Pac Istg 48 1990 F-AH
Dal A Wa Ist gu g Ss. 1940 M-N
BooneT Bd;, Cogu g 7s. '06 M-N
^
Tebo
124"
i"27Vg J'iy"'99
105>< Feb.'99
M8tPA38Moong48lntgu'38 J-J
Minn 8t Ry Istoong 5s 1919 J -J
Minn Dn. Sm St P M A M.
MoK AB Istgug
1239^127"
J'ly'99
12«
125J^
'.21
-J
J
Stpt. 15.
• • • • • t
.
Iowa ex Ist gold 7s... 1909
South West ex Ist g 7s. "10
126M
74
Sale
139^ Sale
n8im34
120i<;
Beglstered
Mez Cent oon gold
Bange or
W
Metropolitan
HUnge
Price
Friday,
Bid.
Mich Cent
Harlem
583
3.
Qouv A Oswe
MeK'pt&BV. SeePMcK&V
Beglstered
Page
I
N.Y. STOCK EXCHANGE Si.
Week Ending
Sale
Sale
109
Jan,
(5 pages)
BONDS.
since
Loto.High.
93
anhattan H; oon 4s 1990 A-0
MetropolBl IstgOi. .1908 J-J
80 6s
1899 M-N
Man S Colonic g 5s. 1934 J-D
Market St C Rj 1stK6s.l9l3 J -J
Jtange
Atk. Low. High.
108>i...,
Kentucky Cent g 4i ... 1987 J-J
PRICES
<t
sale..
ELEGTRIG.
Ask.
1J9
die
Eleotrle Co one lea. Bid. *ik.
Toronto Can r cLt Oo. 143 14i
Electro- Pneumatic Trans
100
Tl. jm HoustVVe .IngCo.
IH
Fort Wayne Eleo. Oo. .85
18
8c D n iwd Eleo lit A P Co ref IS
4C
Series A
Bondd. ....•-.. ...,..••. I 96% 97%
General Electric C< — N Y Stock Bxoh Woonsocket (B I.t Bl Co.
106
Do pref.— See Boston L lit.
Hartford (Ct) Eleo Lt Co. 188
138
Kerry Companlea.
Hartf'd(Ct) Lt4PowCo35 t 6
8
Brooklyn Ferry-Stock ..
86
88
Mo Bdlson Eleotrlo
28
Bonds Ss
85
9S
I 97
Do preferred
69
Metropolitan Ferry— 5i.. 108
67
119
Narragan. (Prov)ElCo.50
100
N
96
J A N Y Ferr^- Stock..
New Hav (Ct) Eleo Lt Co 195
let 6s 1948
JAJ «13 115
Rho d e Island Kleo Pro (3o. 118 120
lAnQ interest. tPrlee per sh are
Kast
Bid.
(
,
.
i;
THE CHRONICLE -BONI>
581
Price
Friday,
BONDS.
M.YJ3TOOK EXOHANGF
Wbbk Bndimo Sept. 15.
Sept. 15.
W4
La$t
F-A
F-A
Jan.
Sale.
1.
Apr '99
109M Apr'97
141
Mar'99
140« May'99
105H 107%
145
135
135
138H 141
140!^ 140^
J'ne'99
133
113H Apr'97
103H 108
105)^
105V<
121
J'ly'99
131
121
101
1940 ,1-J •iOl
SenesC
M-S
J-J
Itt-N
J-J
Q-M1
1919 M-S
Cong 5s
1919
Begistered
1943 H-N
Oong 48
01 & Mar Ist ga g 4^8.1 935 M-N
UN J RR& Can gen 48.1944 M-S
DBBR&Bgel8tgD48g.'36 F-A
San & Lewis Ist g 4g 1936 J-J
r*iiaaoola& At. Se«L&Nssb
Fto Deo&B l8tg6strrec.'20 J -J
IransDIy Istgdstrreo.'ao M-S
2dg Sstr reclBtpd..l926 M-N
P«o ABast. S«« C C & St L
r«o A Pek Cnlstg 68. 1921
113^ J'ne'99
AUegh Val gen gag 4s. 1942
N& C Bdgegengng 4i^s.'45
rami BR lit real es g 48.1923
Oon sterling g 6s
1905
Con oarrenoy 68 reg. ..1905
.
.
ad g 4^8
Feb., 1921
Pine Creek reg guar 68.. 1932
nttsCln & St L. See Penn Co.
3te
8t L.
103
Nov'97
108
May'97
113M113M
t»«ee •••••<
115)<Feb.'99
107
994
99
99\i Attg'99
99
9S« 99H
99M Aug'99
131
99
30
Deo '98
138
Apr'99
lOOW
J'ly'99
137
NOT'97
107«
Oot.'98
121
NOT'98
101
126
100
126
100^
Penn Co.
W
1934
68
PitUP&F
J-J
J-J
A-O
J-J
J-J
M-N
BY 1st g 68.1918 J-J
1916
1st gSs
1st g 58.. 1940
1943
lit oonsol gold Ss
Pitts & West 1st g 48... 1917
& Co certfs. ......
J P
Pitt* Y A Asb Ist oon 581927,
PltUSh & L B
M
,
Reading Co gen g 4s. 1 997 J -J
Registered
1997 J -J
Xensselaer 4 ar. S«« D & U
Bleh & Dan. See South Ry.
.
.
198U J-J
Bio Or West Ist g 48
UUh Cent 1st gu g 48.1917 A-oir
AioGrJuno 1st gu g 58.1939 j-i>
1940 J-J
BloGrSo lstg3-4s
.
90
116
98
J'ne'99
J'ly'99
J'ly'97
J'ne'99
'00
100
72
99%
99M
86«
87J6 Sale
90
113
87H 205
98M
9S14
Sale
88
104
78
16
985i
J'ne'99
A-O
PtBAVBBdglstg6i.l910 A-O
Kantas Mid 1st g 48. .1937 J-D
BtL A8FRRg48....1996 J-J
1987
105
98
100
98>4
100^
91
87«
May'99
Aus'99
101
105
90
116
85« 91H
86« 89H
S8i^ J'ly'9w
103H
72
Booh & Pitts. See B R & P.
Rome Wat. A Og See NY Cent.
Salt Lake C Ist g sf 68. '03-13
t Jo &a 1 Ist g 2-3-48.. 1947
85 Aug'99
Bt L A&T H. Set Illinois Cent.
Bt L A Cat. See Mob & Ohio.
8t L A Iron Mount. See M P,
St L K
A N. See Wabash.
8t i. M Br. See T RR A of 8tL
8tLASF3dg68ClA ..1906 M-N
114 J'ly'99
Sdgold68 ClassB
1906 M-N 114^ Sale Uiii 114^
Bd gold 68 Class C
1906 M-N
114 J'ly'99
lit g 68 Pierce C A O.. 1919 F-A
Q«neral gold 68
1931 J-J
124^ 184H
a«neralgold Ss
1931 J-J '.09H3a]e 10914
lom
lit trust gold 58
58...
1947 4.-0
L So. See Illinois Cent.
ItLS W latg 4sbdof8.1989 M-N
Sd g 4s Ino bond
otfs.
.
1989
102M TexAP Ry B dlT Istg 68.1905
8891
104>4
74^
ToiAOC
IstgSs
West'ndly Istg
79M 85
Sale
851^
lOOJiJ
Aug'99
6i
110
.
• • • • • a
J -J
W lit cong5i...l919
g 6i. 1934 A-O
lstg5s
Sflioto
Val A
1934
W
N B.
See Nor A
Ist 5s
1926
Seab A Roa
Car Cent Ist con g 4s. 1949
Sod Bay A So 1st g Ss. 1924
So Car A Ga. See Southern.
.
Soutbem PaclBo Co
Gal Har A S A 1st g
2dg7s
No
.
68.
191
1905
A-O
J-J
J-J
J-J
price Friday; latest bid
11291 115
19 122
21 107
83
98
MAN
131
per share.
108
120
113
99
3 121
122
Aug'9w
Aug'99
13794 Feb '99
122
142
116
138M
13794
113!4
gu g
103
104
116
'.03
Jan.'99
122« Jan.'98
137^ J'ne'99
116
Apr'97
1195< Aug'99
lllH
•108
110
«108)<i 104)4
115
101
107
115
99
104)4 Sale
104
106
G
11694 Sale
10094 Sale
115)4
99)4
89
102
Istg Ss.. 1939 M-N
Wab2dRRCo
gold 5i
1939 F-A
47 103 10894
47 109)4115
112
128
1
106)4 108)4
106
109)4
Ve
90
11
97
86%
112
Debenture ieriei A.. . .1939
SeneiB.
1939
litg 6i Det A Ch Bxt. .1941
StChas Bridge 1st g 68. 1 908
W
See Del L A
See Southern
J-J
J-J
J-J
A-O
J'ly'99
Apri'99
115
106^
10
122H Wash OA W.
WestNYAPa— IstgSs. 1937 J -J 113
115
1943 A-O
70
Geng3-4s
102
Income 5s.... April, 1943 Not.
134H
Car.
No
See
South
West
Ry.
125H
1463^
137%
119H
130
95
1079i
1129^ 11294
Mar'99
113
lasM
••••••
113^114
llOH
Bonds due J une. t Due
J'ne'99
110
Feb '99
t
110
Bid.
Amalgam'dC(>pper(w.
Am Agrtcul Chem— Sc€
1.)
.
Bradce
— Common
Preferred
American Ginning.. .....
Amer Press Assoo'n..l00
,
American Screw
92H
B oston
iimer Air Powof N Y.lOO
^merlc'n Axe A Tool 100
Amer Bank Note Co... 50
American Beet Sugar....
Preferred
A.mer. Caramel
(17
11894
IC3)4
114)4
106%
115
11994
tl9
123
too
106
108)4
180
186
12694
100
110
111
no 116)4
113)4 116
90
117
94
180)4
11294 11894
114)4 114)4
104
106
109)4116%
64
45%
53%
56
136)4
130^
104
107)4
80
78
93
99
99
iu&9<
S6)4
89
83
130
100>4
106
108% 109"
104k 10894
106)4 37C
J'ly'99
Western Pao.
250
50
20
t 48
28
78
111
50
100
20)^
lio's
56
31
61
80
80
113
53
103
81
100
801)4
1009(
76
110
Ma7'99
113
113)4
69
70
Sale
<13
94
33
35
5
194
75
118
103
76
38)4
S3
i05)4 111
109)4113
108)4 118
8
33
32)4 Sep.'99
54
70%
1494
84^
See Cent Pac.
W Chlo 8t40-yrlstour5s.'28 M-N
Con Gas Co.
Deo'97
99
113
104
96
113
Jan.'99
110)4 Aug'99
Apr'99
92)4 Mar'98
96
NoT'97
77
34
77
78
58
19
S
6)4 J'ne'99
GAS A ELECTRIC LIGHT BON
1st g 58.1947 J -D
Bos D Gas tr ctfs s fg58..'39 J-J
Bklyn V Gas 1st oong Ss.. '45 M-N
ChOLACCo. SeePQACCo
Columbus Gas Istg Ss.. 1932 J-J
1 923
Detroit City Gas g Ss
Det Gas Co con Ist gSs.. 1918
Ist
cony
1910
111
5s..
HI
El
g
1995
litoongSs
1940
Brookryn IstgSs
. . . .
J-
113
UOU
98)14
79)4
10)4
OS.
9194 Oct.'98
116)4130
118
118
117)4
•••**<
SmPGACCo.
J
10f>)4
24
9894 Aug'99
110)4
110)4
"5
99
99)4 100
•
F-A • 99)4
M-8 •108
J-J •134
A-O •lUX
Registered
A-O
LAPg58.'37
KinusCoKI
A-O
Purchase mon 68. 1 997 A-O
124
134
111
95
96
110
lOSM
lot
11»4
130)4 134
111
111
5
May'99
.
1939 J -J
1st con g 4s
July.
|
Due March.
T
Due
Jan.
Bid.
Ask.
9<)4
List
116
37
35)4
109 J'ly'99
969f
I
07
97)4
Due Not.
a
Ask.
5
8
4.m Soda Foun— Com .100
100
50
66
Ist preferred
100
10
16
2d preferred
Vmer Smelt A Refl'g— Se< Stk B xUst.
\mer Steel Uoop— 6'e«Sto ok Ex. List.
316
38
33
..FAA 108
Bonds 68
86
Amer. Woolen— Com.
30
Vmerlcan Surety
4.m Typefo'rs— Stock. 100
4mer Strawboard....lOO
Preferred
Amer Wringer
Pref
82)4
com... 100
106
115
97)4
Aug'99
These are option
(Given at foot op 7 oonsbcutivb pages).— ^J?i2i2F
American
110
Aag'99
76
"86 " Sale
AtlanU G L Co
113M
106
Sep.'99
10594
101
104)4 lOSU
I0»)4 112)
106)4 106)
107)4 llO)'
"66
South Ry.
Bngrayed trust oertifloates.
InoomeSi.
1937 A-O*
130
105
86
77)4
W
Dtah Central.
See Rio
189
97
10
»107
A-O
1269i
104K Feb.'98
••e»«« .«••»;
J-D
1st g58..1945
Aug'99
J'ly 99
81« 81
Tor Ham & Buff st g 48 1 946 J-Dt
UlBtar AD«1 Ist Og 38.1928 J-U 106
nBKOhlo)
88
86
4i. ..1990
Istg 6str.l916
Deo'W»
40-year oong Ss
1936 M-N
17
West Shore. Sm N Y Cent.
"5 103 108H W
Va A Pitta. Se« B A 0.
6s. 1911 J-J
W VaCentAL PB Istg
104
104
Istg 58.1926 A-O
Wheeling A
Dly
Ist
gold
Wheel
38.1928 J-J
134^ 137H
Bxten A Imp gold 58..1930 F-A
iisii 11 9M Wilkes A East. Se« N Y 8 A W
WU A Sioux F. Sm St P M A M
iiOH ii3M WlnonaAStP. SmCANW
WlsCentColsttrgSs ..1937 J-J
106« Mar'98
and asked this week,
St.
84?i
4094
6
Bid.
Buyer pays accrued inteie
t Price
Feb '99
113^
99M Aug'99
12l« l.i1H
113
Ask.
66
70
Bonds Ssof 1932. MAN « 08 100
eo)4
Hoboken—Stock
60
114
lit Ss
112
94
Con. Ss
93
30
N Y A S B Trans A Ferry 26
91
Bonds 58 of 1906. MAN { 87
10th A 23d Sts Ferry
90
85
106
lit mort 58 1919... JAD no4
Onion Ferry- Stock
47)4 60
{
Ist
Warren RR.
130
J-D
A-O
Tol Peo A W Istgold 4s.l917 J-J
103
138
113H DtaM A North. See Ore 8 L.
lOOH 105H Ctlca A Black R. See NY Cent
Ver Val lad & W. See Mo P.
20
1124< Sep.'99
104)^ Oet'97
K T A B R Ferry— Stock
1st 5b lt)20
M
Kan A
1
66>i 387
123
OUTSIDE SECURITIES
Ferry Companlee.
107"' U8)4
111
118
87)4 '0
36
104)4 J'ne'99
115)4
54 Sep.'9w
J'ly'99
65J^ 56
128)4 128)4 Sep.'99
106)4 Aug'99
J-J
A-O
1935
1935
1935
lliH115M Un Pao— RR A g g 48. 1947 J-J
Registered
1947 J-J
112^ 115
CnlNJRRAOCo. S««PaRR
111
111
106><
F-A
J-D
"
106}« Sale
BT ANPlitif
A
100)4105
115^ :i4)4
1
94^ ISO
981^
93;^ Sale
64!^ Sale
J-J
F-A 119
A-O 113^ Sale
J-D 100 102
BtPanlM AM 2d 6s. ...1909 A-O
Dakota ext gold 68. ...1910 M-N
litconsolgold 6s
1933 J-J •142 147
Registered
1933 J-J
Reduced to gold 4^8 1 933 J-J •ilSJi 117
Registered
1933 J-J
Mont Bxt Istgold 4i. 1937 J-D
105
Beglitered
1987 J-D
Union
Minn
lit g6i... 1922 J-J
UontC Ist gug 6s.... 1937 J-J 134
Registered
1937 J-J
lit Buar gold Si
1937 J-J
119M
Registered
1937 J-J
BM l8tdlTlitg58.,.1908 A-O
Registered
1908 A-O
Nordlv Istg 4s
1940 A-O
Registered
1940 A-O
W^iUASFlstg 5i....l938 J-D
Beglitered
1938 J-D
Bar F
Ss....
General gold Ss
TStLAKO
J'ne'99
Oot.'97
84!^
M-S
Istgold Ss..
3000 J- D •115
2d gold Ino. Ss, Deo. . .2000 Mch.
54
Eng trust Co ctfs
Third Ay Ist gold Ss.... 1937 J-J
irginla Mid. See
85^
100
Quaranteed gold S8...1937
tPanl A Doluth lit 5i.l931
Bd6i
1917
lit CO g 48
1968
BtPANorPac. SwlSorPac
Bt PAB'zOlty.SMCStPMAO
B Fe Pres A Ph Istg 53.1942 M-S
S A A A P. 8m So Pao. Co.
1.
Low.mgK
10394
GH&SAMAPlstgSs'Sl M-N 103H Sale 103
HonsATClstW AN7s.'03 J-J
111
IstgSsint gtd
Sep.'99
1937 J-J
lis
lll)iSep.'99
Cong68intgtd
1912 A-O 111
88
88
t)8)4
Gen g 48 intgtd
Sale
1921 A-O
120)4 Feb. '9
Morgan'8LaATl8tg68.'20 J -J
138 J'Iy'90
1st 78
1918
NY T A Mexgu lstg4s.'12 A-O
A-O
105 Mar'99
Ore A Oal Ist gtd g Ss. 1927 J-J
78
79^
8 A A A Pass Ist gu g 4s. '43 J-J
79Ji 79X
116 Dec '98
Tex ANO Ist 7s
1905 F-A
106>^
Noy'9Sabine dl7 Ist g 68. .1912 M-S
Con gSi
1943 J-J 1031^ Sale 1027^ 103)4
114-.
SoPof Argu litg68.'09-10 J-J[ 114 Sale 114
122 Apr'99
SPof Cal Istg 6s. '05-12 A-O •110J4
107
107
1st con guar g 5s. .1937 M-N
10794 Sep.'99
Stamped
1905-37 M N
A AN W Ist gug 58.1941 J-J 96 M Sale 96
96)4
8 P Coast Ist gu g 48.. 1937 J-J
8 Paoof N Mex Ist g 6s. '11 J -.1
113T4 Noy'flx
Gila V G&N St gu g 58 1 924 M-N
104!^ 105)4 Aug'99
South Ry— Ist oong 58.. 1994 J -J 109J4Sae 109
10994
i06)4Mar'»-'
Registered
1994 J-J
Mem Dlv l8tg4-4^-6Bl996 J-J
108)4 Aug'99
Registered
1996 J-J
110 J'ly'gp
B Ten reor lien g 4-58.1938 M-S
Registered
1938 M-S
Ala Cen R 1st g 68. ... 1918 J-J
113)4 Aug'!
AtlAChAir Line ino. 1900 A-O
Col A Greeny 1st 5-68.1916 J -J
11894 J'ne'99
BT Va AGalst78....1900 J-J
104
108)^ Sep.'99
117 n.uKV;9
DlTlsioual g 58
1930 J-J
119
Con Ist gSs
119^ 117
1956 M-N
GaPaoRy 1st g 68... .1932 J -J 121}i 183 120 Aug'99
123
May"W9
Knox A Ohio Istg 68.1926 J-J
124^
Rich A Dan con g 68 .1915 J -J
126
l2fH J'ne'9»
Bquipsinxlundg 58.1909 M-S •100
100 Har'99
Deb 58 stamped
109 Aug'H9
1927 A-O •105
109
So Car AGs IstgSs.. 191 M-K
105)4 Sep.'99
114
Virginia Mid gen Ss. 1936 M-N
114
114
Gtd sUmped
115 Aug'99
1936 M-N 112 114
W O ANW 1st oy gu 48.1924 F-A
90 Feb. 99
West C Ist con g 6s.l914 J-J
117)4 Aug'99
SAN Ala. Sm L A N.
Spok FallsANor Istg 68.1939 J-J
Stat Isl Ry 1st gu g 4^s.l943 J-D
Sunb A Lew— See Penn RR.
Syra BIng A N Y. Se« DLAW.
I^erAofStLlstg 4^8. '39 A-O
11294 J'ne'99
1st con gold 39. 1894-1944 F-A
114)4 May'99
StLMBgeTergug58.1930 A-O
103 Oot.'«
Terre Haute EleoRygOs. '14 Q-J*
Tex ANO. See 80 Pao Co.
Bt
J-J8
t Paul City Cab. o g Ss. 1937 J-J
tinee
Jan.
Ask. Low, High.
Bid.
.
BouttawDlv Istg
Range
or
Last Sale.
Sept. 15.
. .
PlttsMoKA Yo— l8tga68.'32 J-J
Sdgnar
LXIX.
Week's
Range
1
•••• •••••
PlttiCleT&Toll8tg6s..l922 A-O
PlttiAOonnellsv. SeeB&O.
Pitts Ft
* Ch. Se» Penn Co.
Pitts Jnnolstgds
1922 J-J
PltUAL Brie— 2d g 58.. 19 28 A-01
MoKe«&
[Vol.
4.
Price
Friday,
BONDS.
K.Y. STOCK EXCHANGE
Week Ending Sept. 15
Low. High
IfO.
1039g
SrR&I exist giig4U8. 1941 J-J
C4
sifiee
Page
(5 pages)
80 Psciflc Co. (Con.)
«tUFt
lit 7i. 1912 J-J
Bd7i
19L2 J-J
1912 A-O*
3d7i
*€ BtL & P iBtoong 5S.1932 A-O
1932 A-O
Besriiter-'
0)BT A Pitts con 8 f 78.1900 M-N
e«nKQg4HB8er'8A.1942 J -J
1942 A-O
8«ne8B
Iftle i Pitt gu g 31^8 B.1940 J-J
P
Range
Ask. Low. High.
Bid.
Penusyl. Co. (Co .)
PltU Cln 4 St L lit 7i.l900
1900
Begi*t«red
Week'$
Range or
PEICES
<6
MISCELU8.
Aik
lo t 1896
13)4
10 t 13
89)4
Amer. Writing Paper 5s.
d-nderson (Jonn) Tob.luO
9>,
Automatic Vending... 10 t 2)4
14
91)4
. . .
Preferred
SmCar
835
Preferred
100
100
34
68 1942
JAJ
Bergn
83)4
Bid
MIecellaneouii. Par.
4mer Graphuphoue.
Barney A
87
97M
sales.
A Bng Br—Sm
Ist 68
Black well s
Bliss
Phi
24
80
106
I.
4
list.
109)4
Durh Tob.35
t
17
Company—Com.. 50
f
50
t
9
H2)4
Preferred
list
87
85
107
10
60)4
f4
THE CHRONICLE -BOND
SEPT. 16, 1899.]
BONDS.
RY. STOCK EXCHANGE
Wbbk Ending Sept. 15.
Price
Friday,
Week's
Range
Range or
since
Sept. 15.
Last Sale.
Ask. Low. High.
Bid.
qaasLNTlstoongSs. '32 M-8
O & Fnel. SeePQ AC Co.
0«n Bleo Co deb g 58... 1922 J-D
flrRapGLCo l8tK58..1915 F-A
W O Mo Oaf. Co l8t a S8.1922 A-O
q
tfo.l
118M Aug'99
lie
Ktngs Co El L. &P. See Edison.
Lac (ias-L Coof StLlstK 58'19 Q-F»
1919 g-Ft
Bmall boud8
Mnt Fnel Ga8 Co See PeopQas
Jan.
no
110
108
1091^ 1091,^
107
107^
123
131
109^ 118
107H XUii
105H 107U
105
i07H
1
1
1C5«
m Cot on deb
Am Dk & [mp 58. SeeCenNJ
Am SpirltBMfg latg 6s. 1915 M-S
Bar&SCarCo Ist g68.1942 J-J
k'nWAWH l8tg58.1945 F-A
g 88.
.
1900 Qn-F
.
92
91
CahCoalMln. SmTCIAR.
J-J
J-J
Olearf Bit Coal. See N Y C A H
Ool C A I Ist con g 98... 1900 F-A
Ool A I Dev Co gu g 58. 1909 J-J
Coupon off
Ool Fuel Co gen gold 68.1919 M-N
96
95
Ool F A 1 Co gen a f g Ss. 1943 F-A
Com Cable Co Ist g 4s.. .2397 Q-J
239? Q-J
Registered
C A I. See T C A
DeelBardel
AH Can. See HR bonds
I8ii 30
D«t MAM Id gr 3^8 8 A.191 A-O
rleT A Tool trg a f 58... 1926 J-J
68.
1919
A-O
lat
C
Blv
Coal
A
g
Or
Hack Wat Reor Ist g 5a. 1 926 J-J
HendBCo lat 8fg6s... 1931 M-S 114
1910 M-N
Hoboken L Alg 58
1910 J -J
1U Steel Co debSs
Non-conv deben 5s... 19 18 A-O
Iron Steamboat Co 68... 1901 J-J
109
Int'l Paper Co Ittconges.'l- F-A 107
44
85
35H 94k
84
98^
109HF«b'97
hloJo A 8tYd col g 58.1915
Non-cum. Incomes 58.1907
99X Aug'99
99^
101
.
XaffAOlearCAI I8tg5al926
1926
Sdg5s
Kolck loe (Chtc) ^ at g Ss. 1 928
Mad Sq Gard Ist g e8...10i 9
J-D
J-D
A-O
M-N
M-N
08 "
105
105
J'lr'99
97
839i
lOS^i Aug'99
104 Feb.'98
106
97
X«
51
10S>{
103H
191?
Registered
Mloh Pen Car Co
Mut Un
Tel Co.
lat
See
58. '42
g
Wn
18
29
19
Jan. '99
no
17« 23%
110
110
95^Jan.'97
Sale'
99
70
Jan.'99
109
107
80
98
Aug'99
Maj'«7
May'97
99
99
Apr'97
108J6ll3V(
98 " ioi"
Feb '99
103
100^
104
101^
4i.
Oheaebrongh Mfg Co. 100
Olaflln
(H B)-l8tpref.l00
Sd preferred
100
91
H
1
13J6
16
60
SO
14
76
350
10
72
340
101
101
Common— See St. Ex. list
75
Clark Mile Knrt Thr'd.lOO
48
Oonsolid Car Heating. 100
10
Oonsol Flrew'ks-Com.lOO
100
65
Preferred
Smelt
Ref.25
Kan
t
27«
C
A
Con
22
Consol Rolling Stock. 100
Oont. Tobac. Co— See Stoo k Ex.
76
Orampa' 8h A En BIdg. 100
Diamond Match To
Distill.
1
00
Co. ot America.
Pref
1!)1
5
24
40
Preferred
100
116
IQeotTlc Vehicle
Preferred
Bppens 8m A Wlem..lOO
Baatman Kodak Co... 100 105
Brie A W.*tern Trans. 50 t 37%
A Casualty... 100
A Dep (Bait).. 50
Fidelity
Fidelity
Oaneral Carriaee Co...
German Am Heal Est. 100
Goodyear Shoe MHOhtne
Gorham Mfg Co-Com. 1 00
Preferred
100
100
Great Falls Ice
Havana Commercial
Preferred
Heck-Jones-J Mlll-Pf.lOO
MAS
Ist 68 1922
. .
Her'g-Hall-Mar(a88t p'd)
Preferred (asat p'd) 100
Hoboken Land A Imp't
58
Illinois
76^
52H
82
132
60
23
45
102
120
76
38^
250
O*
t307 21
33
34%
ii
X 4«i4 "(SO'
95
110
119
170
180
:-<0
30J4
68^ b9
65
U6
6
18
110
106
Tram
60
99
10
86
95
105
Intemat. Paper— Se/- 8t'k
Bonds— See St ck Bxch.
Bzch
list.
libt.
26
73
list.
68
do boiids. ilc2% 103%
4
Iron Steamboat.
100
6%
55
6s 1901
JAJ
John B Stetson—Com. 100 95
Preferred
100 120
Do
Preferred
TOO
Knlckerb'r Ice(Chlc)-Se<
Lawyers' Surety
100
Lawyers' Title Ins .... 1 00
Liberty Silk MDla
100
Preferred
100
3
25
StBz
103
148
MiscellaneouB. Par. Bid
Lonllard (P)— Pref... 100 117
Madison Sq. Garden 100
• t
2d 68 1919
MAN 25
Maine S S
50 t 20
Merch A Miners' S 8.. 50 t 60
Mich-P Car Ist 58'42MAS 105
Minneapolla Brew lat 7s. 105
Moaler Safe Co
100
Monougahela Water... 25 t 42
Nat Biscuit— See Stock Ex List.
Nat'l Gramophone. ...100
S3
National Saw— Pref.. 100
National Salt
45
Preferred
75%
National Surety
100 145
National Tube
469i
Preferred
100
National Wall Paper. 100
70
N. E. Eleo. Vf h.Trans.
8«
N Y Loan A Imp
100
SO
N Y Biscuit 68 1911. MAS 114
New Jer Zinc A Iron. 100 124
N Y Air Brake— See N Y 8 took B
N. Y. El.Veh. Transp.lOO
20H
Nicholson File Co
50
67%
Nicaragua nonstruct.lOO
Nlles Ti ol Wrka com. 103
Preferred
100 120
Otis Elevator^)om
34
Preferred
95
Peck, Stow A Wilcox.. 25 t 22
Pegamoid, pref
100
Pennsylvania Coal
50 400
Penn. Water—Com.... 50 t 6
Phil A Wil Steamboat. 50 t 66
Pittsburg Brewing....
88
Pneumatic GunCar'ge.lO t "25
PrattA Whitn— Com..lOO
8
Preferred
100
50
Pressed Steel Car— See St ockBU
Procter A Gamble.... lOU 376
Preferred
lOO 190
l8l 6a— See Stock Exch il-t.
Repub IrASteei- See stck Exch.
B.l.Perkln8Uor8esn.lOU
85
Preferred
100
45
—
.
* • •
.
U. 8.
S 2a
S 38
8 Ss
8 48
U
U
U
V
U
U
C
U
D
GOV. SHCCRITIEa
registered
registered
j-'b
A-Ol 113
J -J
120
181
119J^ 119
J-D
F-A
J-Jl
M-N
•108
108
M-N
M-N
M-N
J-J
M-N
J-J
J-J
*103
104
*il4"
'.'.'.'.'.
(For
daUv record
108
1918
1918
1907
1907
1 925
1925
1904
1904
108%
108^
Salfi
registered
8 4s registered
8 48 coupon
8 Saregiatered
S 58 coupon
B
1906
1906
58
48
Q-F ni^
J-J
J-J
48. ..1920 J -J
Columbia— 3-658.1924 F-A
Louiaiana— New con 48.. 1914 J -J
Virginia fund debt 2-38.1991
Registered
109J< 213
ll.^i
115
110
J'ne'99
Sale
4
15
130^
130>^
130^
lU
112
Sep.'99
11 IH
Aug'99
109fi
lieu
107V
103J<103W
102^ 108H
112^ iig
112
110
iiii^
I1394
J'ly'99
113
112
10
"i
ni«
181
108
101
103
96
103i<
108%
108^
108Si
101% 131
116
seventh vn 0« P
J'ly'99
101^
'08%
909i
19
recedint}.')
lOlU
99
106!^ lOOV
I069i 109U
111
114
112
114U
130M
128
128
111
131
113U
111« 118H
ICOHllS
100
109?iSep.'99
105 Aag'Ub
108 Sep.'98
104 Nov'98
100
117
106
118
110
Nov'98
Apr'99
109^
Feb.'9v<
109H 1O0X
108
Apr'9d
108
128'
Feb.'''9V
1099t
Currency funding
Tenn— New settlem't 3s. 1 9 1
15
15
1
see
Q-J+ 11114 I'l^i
Q-Jt 113H Sain
Q- F 130 130 9i
Q-F 130 130H
Q- F 111^ 112
8TATB 8BCURITIB8.
Alabama—Class A 4 to 5.1906 J-J
C
121
121
83
3
102H Ma7'99
...
8 4s coupon
100
9
Aug'99
103i< J'ne'99
10S>i
103^
1
Q-M 100^
coupon
84
24
AuK'99
108% 108
Optional
W
)
.
.
J-J
J-J 104«
J-J
A-O 130
J -J 112
J-J 96
J-J
J-J "siii
J-J "5"
....
....
10894 110
J'ly '99
97
95
999i
.'.'.'.
108
95
90
96
83X
87
961^
Ang'99
20
67H
87>^
a
J'ly '99
6
9
63
63
J'ly '99
68
63
71
64
'.'.'.'.
30
List.
107
165
HO
100
100
J.. 100
140
526
480
Stand Und'rg'dCable.100
Sl088lASl8t68 1917.FAA
Southern Cotton Oil.. .50
StanrtardCoupier.com.,..
Preferred
156
106
t 63
38
118
107
96
eS
104
Stlllw-Bierce
Swift
A Co
1st 6b
A 8m-V.100
100
86
Bale
9)^ 96
Apr'99
93>^ Sep.'99
»«>^ Sep.'9tf
99% lOO
12
96
33
96 M
931^
85v«
99Hi
9654
89M
10S%
94
96H
1107%
(wl)
Ask
Mlacellaneoua. Par.
120
Susq Coai «a 19 11.... JAJ
Tennesiee Copper
Term Wareh—Stock.. 100
6
35
,
1st 68
Texas A
106
44
84
25
47
130
xch
21J<
10
105
125
35
9'3}4
35
410
6
68
30
13
55
list.
390
200
list.
44
103
190
143
550
48
116
105%
7
12
72
70
74
Pref errftd
Banks.
Ask.
Qu
Broker*'
otati ons.
N. Y. ClTi.
America*.... 440
Am Exch.... 185
Astor
Bowery*
280
306
100
2d preferred
U S Glass— Common.. 100
Chatham
....
Chemical
Citizens'
310
4100
147
City
Colonial*.... 240
Columbia*... 170
Commerce... 86
Continental
Corn Exch*..
Bast River..
11th Ward*.
Fifth Ave*..
Fifth
liS
340
110
160
3050
%
t
. •
..,
2700 3150
220
3200
First
First (St l8l)
,,
14th Street*. 145
Fourth
• • •
166
180
t405
Gallatin
Co.
Ganaevoort*.
205
CiilonSq*....
West Side*.. 870
Western
•
BB'KLYN.
120
140
165
Leather Mfr. 210
Liberty
820
Lincoln
750
Manhattan* 246
Market A Ful 2.'0
Mechanica'. 206
Mech A Tra*
Irving
Mercantile
193
Merch Bzch. 110
•
.
1
•
••
210
U 8 Mtg A Tr. 525
Unit. States. 1600
330
•
•
•••
360
Broiklvn Tr. 410
Flatbush.... 160
FrauKlin .... 310
<i61
Hamilton.
Kings Co.... 350
.
L Isi L & Tr
<!52
Manoiact'rs
JOO
80
690
180
People's.
266
1
WUUsmsb'gh
are State banks.
<
Purchaser also pays accrued interest.
Sale at Stock Exchange or at auction thUwsek.
310^
i
BR'KLYN.
Nassau
Banks marked wltb a astenak
(*)
Wushlngton
200
130
95
107
350
100
90
Hamilton*... 105
Kings Co*.... 100
Manufact'rs. 250
Mechanics*.. 212
Mech A Tra*. 345
270
-
.
t
*
t
.
• • •
.
Nassau
Aik.
Bid.
200 325
2'00 2050
370 385
435
120
350
Farm Ln ATr 1420 1460
Fifth Ave Tr 400
Guaranty Tr 665
l»
Int'l. Bkg&T/
60
170
Kuick'ro OK'r 360
Manhattan.. 230
850
.Mercantile
.Metropolitan 420
N Y L I A Tr 1450
N Y Sec A Tr 680 •*••«•
North Amer. 155 170
Produce ttx. tl95 200
Real Est Tr't 300
StandardTr't 220
<late Trust.. 420
^'Ji"
Tr.Co.of Am. tibO 866
oniou Trust. 1400
230
Qer Amer*..
810
95
Atlantic Tr.
Central Tr'st.
City Trust...
Colonial
Continental
• •
.
Bedford*.... 215
190
Broadway*
Brooklyn* ... 100
8th Ward*. ..
5th Ave*.... 104
First
27
Am Dep A L.
110
NY* 127%
YorkvUle*..
Home*
ti77
415
840
140
150
425
1500
115
taao
100
Seaboard.... 280
350
Second
160
Seventh
Shoe A Le'th 103
Hanover
740
Hide A L'ath 116
118
124
28
116
120
Brokers' Qu otati ons.
Nat City
276H ...«•
170
North Side*..
19S
People's* .... 190
160
Scherm'rh'n* 140
116
17th Ward*. 105
200
Spra^ue
145
36th Ward*.. 140
120
Union*
.•>••
116
Wallabout*.. 105
Trust Cos.
N. Y. CITY.
otatio na.
12th Ward*.. 125
23d Ward*... 100
330
Union.
Imp A Trad. 536
Banks.
Ask.
Riverside*... 190
Hamilton*... 186
40
68
67%
33%
%
85
1600
Ask.
39
.
19th Ward*..
9>'% t91
Ninth
North Amer. 190
200
Oriental*
170
Pacific*
630
Park
200
Peoples'*....
*111
Phenix
450
Plaza*
Prod Bxch*.. 130
Republic .... 190
State*
State of
did.
90
100
U S Projectile Co
U.S. Pneum. Horse Coll.. 1 t
Wagner Pal. Car— See a k Exch. list.
220
Westingh Air Brake. .5u
Wi«C'>nCe»-tral ^s- .<r''e8t ockBx list.
Qu
N Y Nat Ex..
New York....
100
100
Preferred
Bid.
Merchants'
MetropoUa*..
Mt Morns*..
Mutual*
Nassau*
New Amat*..
NewYork
100
Ist preferred
.
Broadway.... 244
Butch'sADr.. 84
Central
180
Chase
400
fiO
Union Typewr— Com.lOO
Banks
Brokers'
Sigliai.t>u
Preferred
74
Bid.
Garfield
iS5*
Union Switch A
18%
17H
& MISCELUS,
lyilscellanrouf. Par.
.
132
,
Paclflo Coal. 100
•47'
101
75
9
Aa
Bid.
Ist 68 1908
AAO «107%
Title Guar A Trust ..100 4C0
4l6'
Trenton Pott—Com.. 100
5% 7
Preferred
100
45
50
Trow Directory-New. 100 58
65
Union Steel A Chain
32« 33k
76%
4t)8
Stan.Di8t.ADi8.— See Sto ck Kx. List.
SUt Isl U T 1st 68'13AAO
2d5sl926
JAJ
85
100
consecutive faq^).— BANKS
German Am* 115
German Ex*. 240
31% 3a% German
la*... 376
87
87% Greeuwion*..
165
Simmons H'rdw-Com.lOO 180
N
9IH 93«
.
10u% 101
Preferred
Russell A Erwln
25 t 66
Safety Car Heat A Lt. 100 160
SchwarzchlldA Sulzb.lOO
43
Semet-Solvay deb Ss
101
Preferred
Singer Mfg Co
Standard Oil of
7
.
4« Rubber Goods Mfg
90
108
Jonmeay A Bumham.lOO
(Given at foot of
RoyBakPowpf
Internatiuuai Elevat.lOO
International Navlg..lOO
24
Intemat'l Pump— Com ..
71
Preferred
Internat Sliver- See Stk. Bxch.
60
Do
do
pref.
Sale
125
8^1^ Sale
81
82^ 88
82^
83
87^
8ou.Pac.col.tr. 48 (when isa.j
612
84
84!^ Sale
lao
Wise
lat
1251
Cea
48 (wl)
94
9dH 05H
«8«
93^ Sale
13H
July * Due May. i Dae April. | Bonds due January. 1 Due August. aXhese are option salei.
. .
list.
9% 20
5«H
Blectrio Boat
4s«
315
80
50
40
Saa
20^
r?
22
Low Sigh
Feb '97
101
B A O So
dlv 3%t (w. 1.)
Cen.PHC.M.3^» (when iss'd).
Istmtg (when issued)
Metr W S EUCnlcl 8t4sl938
104
100
nSH
OUTSIDE SECURITIES
100
Preferred
Ohateatigay Ore A Ir 68 '15
Inc.
Bl—
Obe* A O Grain
Ask. Low. High Ho.
Atch Col A Pao «8 tr otfs..,.
Atoh J Co A Weat 68 tr ctfa.
103
103
""
•40 J -J
i«t g 6»
115
J'ly'PS
Friday, these are lateat bid and asked this week. * Due
Cent America Tr'nalt.lOO
Oent Flrew'rka—Com.lOO
78..
1884-1900
Registered
Col trust cur 58
1938
Mut Un Telafd 6a. ..1911
Northwestern Tel 78.... '04
L B A P C Co Ist g 58.'19
StIiIMAS)new30y4s
p ropter A QHinb
Bid.
Jan. 1.
CNLISTBD BONDS.
M-N
M-8
295
66
88
Debenture
Small
]<^
Guar... 100
Oarter-Crume— Pref. .100
100
CoUtUoldCo
1875-1900
1884-1900
Registered
6s deferred oertf a
Nat8tarchMfgColBtg68'20 M-N 101
wpt News SAD D 58. 1990 J-JS
Mlacellaneoua. Par,
Last Sale.
.
68
1919
So Carolina— 41^8 20-40.1933
98
since
Sept. 15.
C 8 Leatb Cos f deb g68.'13
West Union deb 78. 1875-00 M-N
Small
Missouri— Funding. ..1894-95
Nurtn Car— Con8Ol4B...1910
Small
Aug'97
111
Range or
Bid.
M-N
J-D
J-J
M-S
F-A
Range
Week's
Price
Friday,
5*
Dist of
Un,
BondAMon
Sun Ck Coal lat g 8 f 6s..l912
Tenn Coal T DIt lat g 88.1917
Birm Dlv 1st con 68... 1917
Cab C M Co 1st gu g 6s..'22
De Bar C A I Co gu g 68. '10
USEnvelCo Ist 8fg88 1918
Class
Class
w T AN J Tel gen g58cy.'20 M-N
T A OntLand Istg 68.1910 F-A
MOWestn Teleg. See West. Un.
ptortaWat Co g 68.. 1889-19 M-N
*No price
S Yuba Wat Co con g 68. .'23
8p Val Wat Works Ist 68. '06
Stan Rope AT Istg 6s.. 1946
Income g Ss
1946
»
585
5.
Small
Man Bcti H A Lgen g 4s. 94
Met T AT lata fg 58.1918 M-N
1
5s' 946
8t L Ter Cuppies Station A
5-20
Prop Co Istg 41^8
yr'17
Wh
Sep.'99
87« 84
RochA Pit CA I pur m
1039f 107i<
lC4Ji 108^
104>(iSep.'99
90
120>i
lOaji 111
110V6
108M 109i< Apr'99
F«oGa«4Cl8tgug68..1904 M-N
107
107
1904 J-D 107
Sd gtd g68
128 130 3ep.'99
1943 A-O
litOOn80lK68
106
Dec '98
1947 M-S
aelundlnggSs
1947 M-8
Begl8tered
111
Aug'99
Oh G-L A Cke at gn g 58'37 J111^ Apr «9
OonGCoofrhlstgugSs'Se I-D
4 FCh l8tgug68.'05 J-J 104 110 105^ Mar'99
qG
107 Aug'99
Ma Fuel Gai> at gn g 5. 947 M-N 108}|S
Trentoini& El Istg 58.1949. MS
ioi'*Mar'98
WMtn Gae Co ool tr g 58...'33 W-N
MI8CBLLANBOU8 BON D8.
AdameBx—Col trg 48.1948 M-8 lOST^Sale 103% 104
1
1.
Page
(5 pages)
BONDS.
N. Y. STOCK EXCHANGE
Week Ending Sept. 15.
Low High
109
prices
•
••tt
•
••f f
.--'*
i37
t Prto« per th«r«.
THE CHUONICLE
686
p/OL. LXIX.
and Baltimore Stock Exchanges
Per Oeatam Prices.
dioston, Philadelohia
Sbare Prices— IVot
Monday,
Saturday.
368
268
•109« 110
iu9
345
200
S67
11.
Sept.
Sept. 9.
Tuaday,
12.
Sept.
36S
865
no
Wednesday Thursday,
....
108H 109W 108
•345
im
15M 15k
54^
•76%
i^hi
76>s
309
•808
93
78
309
•308
66% 67k
98% 99k
10% 11
46Jg
78
411^
18?6
41«
18H
9SH 95k
96
96
B3%
33?i
33
82H 84
an
308
669*
9«M
10 e-l8 1094
29
20k
15« 15%
44k 45k
76
77
40H
41!^
14.
Sept.
Sept.
33H 35
4^
ak
83
83
4
4
845
300
132
140
136
133k
Boston & Albany.....
(Boston). ...100
Boston Elevated
"
....100
Boston & Lowell
"
....100
Boston & Maine
"
....100
Chic Burl. & Qulncy
"
....100
"
14<k Chic Juno. & Un. Stock Yds.
....100
"
136% Preferred
,...100
43 Choctaw Oklahoma & Gulf.. (Phlla.^... 50
"
.... 50
48k Preferred
(Boston).... 100
131k Fltchburg, pref
38 Lehigh Valley
(Phlla.) .... 50
15% Mexican Central
(Boston).... 100
...,
Northern Central
(Bait.) .... 50
539< Northern Pacific
(Phlla.) ....100
76
"
Preferred
....100
809 Old Colony
(Boston).... 100
88 Pennsylvania
(Phlla. ) ...
50
14'
186
143
141k
136k •136
43k •43%
48k •48%
•43
48
43k
48k
183
20
183
38
138
26
15%
16k
121
35%
15%
le.H
•93
•93
93
54
34% Sin 53%
76% •76
78k •75%
•808
809 309 •308
"68% 65% 6 15% 65%
85
•99% 99^
89% 99% 99% 99%
10 11-18 •>!
11 1 -16
11
11%
89 5-16 295^ 89% 13-16
•15% 16k
15 5-16 Hi
16
18
46
48
44% 46
4396 45k
71H 77k 77% 77k 78k 77
41k 4194 4196 41% 41% 41k
18% 18k
18k 18k
539i
•76
95% 95k
33% 35
3%
95k
95>,
37k
81% 83k
3494
83
81
3%
3%
Reading Company
800
33% 24k
•63
Ist preferred
2d preferred
Union Pacific
Preferred
Union Traction
359i
36
60><
59«
61
89i
"
86
80
13H
25
78
35
80
129t
13
12%
104%
104k
155
S3
•
64
50% 58
105 105
155
33
49
70
'
155
31
155
30
29M 29H
168^ 168^
50H 50k
51
01k
•69
61
36
80
285i
29H
48M 49k
50H 51k
48
48
•68% 70
780
800
"
Prelerred
49
70
»
68k
47
70
•47
•68
47
70
•48
•68
49
70
50
Bid. Ask.
'
NewHavl&S^
FtS AM..(Bost)100
03
Rys Co Generalir(Phil)
61
Rhode Isl
IIH
16
Tidewater St. .(PhU) 10
Torrington "A"(B08t) 25
"
35
Pref
Un Cop L 4 M'g "
85
"
Un Shoe Mach..
86
Pref.... .... "
85
85
60
100
Little Sohuylk.(PhU) 60
57k
Maine Central. (Bost) 100 160 163
59
60
Mtnetull&8H.(Phll) 60
«.
50
Nesqnehon'g V. "
"
101
50
North Penn
20
50
Phil 4 Ere.... "
153
50 150
PhU (Jerm A N.
100 877
United N J
60 • ••••
CnltedTrof P.
47%
50
Pref
Wett End pref. (Bost; 60 113 113%
West Jer 4 8 8. (PhU) 50 69k
WestNTAPa. "
50
6% 6%
17% 18
Wla Cent, Eew.(Bost)100
"
65
56
Pref
100
Wor Nash 4 R. " 100
—
.
• *
'
MISCBLLAJTEOUa
AUonei Mlning(BoBt) 35
Anr Ir
4 Steal. (Phil)
e%
15%
I
Wolverine Min.
159i
Plain 4s
44k 44%
86k 86
34
34%
18% 18k
36%
•
• • f
••
7%
Mex Telephone
19%
"
. .
"
10
45%
!
66% 87
87*
89"
8
60
I
has
81
J4J |l07
1910 J4J xlOO
68. '18
AAO
1918 J&D
Ch Bur 4 Q 48.1922 F4A
lowaDlv 48.1919 A40
19
100
rrankHnMin'g.(Bost) 86
100
Oeneral Elect.. "
•'
Pref
100
OenHJ Auto-M7(PhU) 60
"
10
Greger Mfg....
Ina-Bgyp ComT(Bost)100
IntBntH4BM "
10
ble RoyaleT .. «
85
Manufac Rubt.(PhU) 60
"
Pr*fT....
60
"
Marsden Cot
100
Mergeuthaler ..( Bost) 100
45
10
1st 58.'26
}105
106
i
IlOO
|l06
Chicago June 5s.l915 J4J |ll5k 116k
M gu5s.'31 M4N i 92
Chi 4
M gen 58.'21 J4D i 99
Con. of Verm't 5s.'13 J4J • 94
Curr't Rlv Ist 5s.'27 A40 6 75
80
DQR4Wl8t48.'46 A40 { 94
Domin C^al l8t68.'13M4S i
East'n Ist M 88 g.'OB M4S 3117
110
Fr Blk4M V l8t 6s '33 end 3140
Unst'p'd lst6s.'33 A40 {138
niln Steel conv5s.'10J4J i
Debenture 68. 1 9 1 3 A40 «
102k
K0C4 81gt58g.'26 A40 { 70
K C Ft 84G Ist 78.'08 J AD {114
K C F SAMcon 68.'28M4N {104 104%
K C M A B Ist 4s..'34 M4S ; 94
Income 5s
44
Ch 4 No
.
Bleet VehlcieT.
12%
10
85
Adjustment g 48.. 1095
Boston Term'l 3%8.. 1947
Bos Un Gas Ist Ss. >39 J4J
2d M58
1939 J4J
Bur4 Mo Rlv ez'pt 6s.J4J
aneoCcof AmT.(PhU) 50
.
12k
10
'so"
Bonds— Boston.
J4J J 102% 108%
AT4SFgeng48.'95A40 XlOu
100%
62k 63% Ch Bur4 N
13
2dM 68
12%
32
23
38
k
37k
86k
Am BeilTel 4s. .1908
(Bost) 26
Arcadian
36
Arnold Mining. "
"
30
Atlantic Mtn'g.
"
36
Baltic Mining..
Beth Steel T....( PhU) SO
JKlstOD EieoLt.(BO8t)100
Ojimbria Iron.. (PhU) 50
(Bait) 100
Canton Co
Centen Mining. (Bost) 25
Con. Lak Sup. (PhU) 50
"
Pref....
50
60
Daylight Prism. "
"
10
Dlam State 8tT
Domin Coal pf. (Bost) 100
"
100
BdUon Bl III
30
23
"
7
37
86
9
"
Gold 4s
6
50
Coal
17% 18
121% iaa%
145
7
5%
27
2%
43
88
3
44
4k
16%
'-5%
313
6
6k
W
K C4 M RyAB 58.'29 A40 noo
KCStJoACB 78.'07 J4J {119
L RockAF S l8t7s.'05 JA.. }106
L KASt L Ist 68 g.'36 AAO •110
2d M 5-6g....l936 AAO
MarHAOnt68...'25 AAO S114
Mex Cent 48g..l911 JAJ
Ist con Inc Ss g non-oum
3d con Ino 38 non-cum..
6
70
Jan. 83
34
Mar. 33
18% Mar. 83
50% Feb. 81
84
Jan.
449i Apr.
Feb.
45
Feb.
33%
96
f7k
84
83
38
81
81
July 11
Sept. 14
8«pt. 1
4% Aug. 35
3% Aug. 31
11
38U
Feb. 14
3
14% Apr. 21
4 186
^ar. 80
if
133% Jan.
110k Jan. 18 133 Mar. 80
13% Aug. 4 1996 3e).t.
7 398
Jan.
Apr.
Apr.
895 Feb.
34% Mar.
71k Mar.
63
Apr.
108 Sept.
'.4% Apr.
Seot. 15 108
85
88
81
88
18
S
14
8
May 83
Mar. 89
July 85
Aug. 30
May 84
Ju'y 14
Sept. 6
Apr. 86
Apr. 6
Apr. 6
Mar. 30
Apr. 8
June 13
Aug. 80
Ask.
Bid.
Baltimore—Conclu'd.
}
West N C con 68.1914 JAJ 118
West VaCAPl8t6g.'ll JAJ 115
1035 J4J 118
••••
WU 4 Weld 58.
107
Asphalt Co 5s
.
I
4%s
17% 17%
30% 31
30k Si
Wtnona Mining(Bo8t) 86
rel
Feb.
1914MAS a 19
1917 FAA «106k
Bonds— Philadelphia
AlleVyB«xt7sl9IOAAO 132 ••• t«c
tr ctfs. ...
96% 00
Atl City Ist 58g..'19 M4N 113k
Balls Ter Ist 53.1036 JAD
100%
B Boro Gas Ist Ss.'SbMA-*
••••
Cambria Iron 8s.l917JAJ
. .
65
S3
Westm
July 6
Mar. 88
Mar. 9
Apr. 87
108
Bonds- Baltimore.
Ches4DCanl8t58.'16JAJ
69
Anacostla A Pot
,58 107
153
166
Choc Okla A O prior Hen 88
Atl A Ch Ist 7S.1907 JAJ 118%
4%
General Ss.... 1919 JAJ 106
106%
;
Clt's'St Ry(Ind)con Ss.'SS
'*7k AtlG-Llghtl8t58l917JAD
18
12% Atl Coatt L ctfs 58 J&D 103" 104" Colum St Ry Ist con 58.'32 107%
Bait Beit 1st 3s. 1090MAN
7%
Con Trac of N J 1st 5s..'33
BaltCPa8l8t5s.l911MAN 11896
207 Si's'
Del A B Bk lst78.'05 FAA
Welsbach ComT ( Bost) 100
"
PrefH
100
Non-exempt
7
28
&S.(Phin
88k
Bk
5
100k June 30
12% Jan. 34
BONDS
Ask.
Aug.
57k Any. 34
81k Jan. 86
313 May 17
1
28
28
38
7% June
7%
95
lie 835 Jan. 6
89,060 l>94 Jan.
7
638 60 May 17
3,198 33
Jan.
3
1,312 789i Jan.
3
18,160 46% Feb. 8
48 23% Jan.
3 45
38T 39% Jan.
3 45k
1,118 23
Sept. 13 38%
1,35R 75
Au . 8 83k
27,317 10 July 17 1^%
55 101% July 11 107
103 133 Jan.
4 158
3,123 30
Sept. 11
53%
34,838 31% May 2> 33%
788 137% Jan. 5 175
9,592 36 Jan
3 55
1,302 36% Feb. 18 60%
35 39 Jan. 4 5.i%
56 May 31 70
...
«
USPHorseCollffPhU) 1
Utah Mming (Bost) 4-86
Warwick
Bid.
1
3
23
55" 863
3,355 60
35
35
35
.
BONDS
Ask.
114
85
Min.. (Bost) 85
Q •
5
Susquel AST.. (PhU)
6
Tamarack Mln.(Bost) 25
.
.
.
1907 AAO i
6s
N YAN Bug l8t 7s.'05 J AJ i
latmort88..
..1905 JAJ
9
83
85
Ogd A L C con 6s.'20 A40
Income 8s
1920
2%
46
46k Rutland Ist 68.. '02 M4N ao6
Torrington 1st 5s 1918..
16
West End St 5s. .'02 M4N :io4
6%
28
Santa Ysabel
58
lae
13,92(<
7%
5
86
Old Col Mining. "
25
Osceola Mining. "
Palmetto Co.... (PhU) 35
Parrott SU&Cop(Bo8t) 10
Penn Elec VehT(PhU) 50
"
PrefH
50
Pennsyl Salt... "
50
Pennsyl Steelt. "
....
"
PreflT
100
Qulncy Mining (Bo«tl 25
16
66
"
Pref
"
14,63(
84,05:
.100
.
49
128
30
3
Ju'y
3,461 78
July
7,i'55
2k July
3,35(
Ik July
88t' 373
Jan.
50
Aug. 83
Aug. 86
43% Aug. 85
Jan.
Jan.
61
5
138
94% Jan.
9% May
7,008
. . .
Boston— Concluded
New Eng Tele 68. '99 AAO
So AmG Dredg(BoBt) 10
"
"
G
KG
Bid.
NatTypewriter(Phil) 26
100 308
14
100
Central Mass...
68
"
100
Pref
CWo&WMlch. " 100
Oono&Passum " 100
Conn Kl'-«^r.... " 100
Cbn«olTrPitt8ir(Phll) 50 "31%
63
"
50
Preft
...
Flint & Pere M. (Bost) 100
"
100
Pref
'
'
Ga Sonth & Fla.(BaIt)100
91
"
100
1st pref
"
58
100
2d prtf
rmant nPas8(Phll) 50 150
48
50
Hestonv M & T "
76
50
Pref
"
50
HuatABroadT
"
50
Pref
"
33
100
Inds Street T...
Boston AProv.
STOCKS BONDS
MISCELL.—Concluded.
15.
Sept.
50
(Phila.) 5 paid
..
3'
149% Feb. 18
154k ii^J 18
13
6,791 25 13-l6Jan.'
1,07' 13 7-16Jan.
3S% June30
8,34(
8,70i 72k June 1
3,81'
31% Jan. 7
63i
16% May 17
36>4 May 16
4C 90 Jan.
3
Consolidated (}as
(Bait.) ....100
Dominion Coal
(Boston).... 100
Erie Telephone
"
,...100
Federal Steel
"
....100
"
Lamson Store Service
.... 85
Lehigh Coal 4 Navigation.. rPhila.) ... 50
Massachufctts Electric Cos (Boston).... 100
Preferred
100
Natiooal Elect' ic
(Phila ) 10 paid
New Eng otton Yarn, pref.iB')8ton)..,.100
••
New England Telephone....
....100
"
Old Dominion Copper T
.... 85
Pa. Mfg. Light & PowerV
(Phlla.) .... 50
United Gas Improvements
"
.... 50
United States Oil
(Boston).... 35
Welsbach Light!
(Phlla.) ....
5
Westlngh. Electric & Mfg. (Boston) .... 60
"
Preferred
.... 60
a 39 13-16 3<i 1 le
.
70
•Bid and aiked prices: no sale wa' made.
NACTIVE. STOCKS
ElAILRO A D8.—Price*
Atl & Charlotte (Bait) 100
Bos & Maine pf. (Bost) IOC
89 198
3,64V
87>
3,63
.
(Boston)
"
June 87
116% May 1
845
75k June
10 paid
830
63!*
.
380
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
81 107
1,996 33% June
8,47t
5% Jan.
5(
90 Jan.
3,40(
429i Jan.
American Bell Telephone. (Boston!
.101)
American Railways
(Phila.) 6 paid
American Sugar Refining 1. (Bosiou)... .100
"
Calumet & Hecia
29H Cambria Steel (»1 -50 paid) (Phlla.)
•800
800
.
29%
43%
398
.100
(Phila.)...
. .
83% 2oH 3396 33% 23%
63% 62% 63% 62k 62V,
52% 53
5 3k 5ak
51k 58
105 lOTk 107% 108
108
108
669^ 59%
58% 58% 58% 59
55% 58%
•37
87
37
37k
44% 449i 44% *4% •44%
449< 4494
84
25
83
33
33
33% 34
83h
79
78
78
78k
•73k 80
79k 78
13
ll9i 129*
13%
10% 13
119<
12k
104
104H 104 104
155 155
iss" 156
155
155
155 •154
30
31
31
33
3194
31% 319< 31
29%
28%
39%
89%
2m 29H 168 29k 167 187
39k
165% 168
167
167
168k
47
48
47
47% 48
47%
47% 47
50
50
50% 50k 50
49% 50k
50k
•63%
44% 44%
•43%
780
790
. .
124
5i
301
VIi8cellan«ou8 Stocks.
Amer. Agricul. Cb«mical
(Boston)... .100
360
33% 33%
3SM 24k
•63k 64
54
5!k 63k
104k 106 105
103
•
775
800
795
807
134%
386 139k
"
"
"
(Boston)
"
....100
(Phlla.).... 50
95%
•3%
666 170
9,6 w
.... 50
.... 50
.... 50
.... 50
.... 1 00
United Rv & Klec. Go. (w. i.) (Bait.)
379*
Preferied (when issued)..
"
95% West Knd Street
( Bost on)
380
360
351
"
81% 81% Preferred
3% 4 American Alkali
4
Higheti.
Mar.
80%
18 327
.
Philadelphia Traction
8
8%
8k
8k
148kl61?s 150 151% 149% 161% 147% 150
1529i 152« 151H 153
•118
118
119
119
119
119
118%
Preferred!
U8k
118k
118k
118H
•118H
18
18% 1896 18% 18% 18% 18% Asphalt Co of America
18M 17k 18% 17M 18
340 340
336 338
315 345
340 344 Boston & Montana
838 344 •335 340
•60
•68
65
63
63
60
65 Butte & Boston
78
64% 64k 66
66
8M
71 845
629
246
300 800
131% 133
133k
Lowest.
Railroad 8tooks.
367
•340
345
200
Range of Sales in 1899
Shares
108% 109k 10S9i 1"9
2k 8k
353 359
353
359
8% 8k
8% SH
350
Sales
of the
Week,
H Indicates onllsted.
15.
•865
887
288
287
109
245
801
Friday,
37%
9Sk
•95
8k
359
SH 8«
360
15
93
99
36k
4
300
15
....
66H
30
16 1-16
45>^ 46
77
78
41^ 41k
189g IBH
38
308
89 9-16
»16H 16H
•4tfM
93
93
53k
53k 54H 63
•75% 759<
•75k '6
«7^ 67^
9MH 9i»H
11 1-16
30 7-16 30k
•14%
18
•14k
13.
Sept.
846
345
300
800 800
3U0
300 300
132%
134H 134% 132% 134H 131% 133
•143 145
143 143
140 143
1415H
136
138 •
136
•43
43
43k 43k 43
•43H 44
48
48
48
ii-H
4896
48k
182
130 131k 121 181k laik 181k
26
26
36
88« 369, 26
26k
•945
Daily and Yearly Record.
ACTIVE STOCKS.
387
267
—A
5
Fundg 58.1916 MAN
Exchange 3%8. 1930 JAJ
Bait
BaltAOhio 4sg.l935 AAO
Stat Isl 2d 5 g. 1926 JAJ
BaltAPlstesml 1911AA0
Ext A Imp
58.1 932MAS
City Ry 1 st 5s 23J AJ
28
39
1394
14%
Bq
118
116
« *
•
••
'
'
JAD 118%
JAD 111k
Ga AAial8tpf5sl945AAO
GaCarANl8t58g.l929JAJ
GeorgiaPl8t5-68 1922JAJ
GaSo&Fla lst58.19-i5JAJ
KnoxvTrac l8t58'28AAO
I^akeREl lstgu58'42MAS
Ma'yland Brewing Bs ....
Met3t( Wash) Isl 58'25FA
•••••>
• •••
118k
01%
104
108
'08%
PotomVal l8t58.1941JAJ
105
116
103"
114
ii's"
(State) 38 new.'32JAJ
Fund debt2-38.1991JAJ
VaA Tenn 2d 6s. 1900 JAJ
1900 JAJ
8s
"75%
vetf
*
100
73
• • • • I
'
•
104
•••
No Penn Ist 4s..'ii8 M«xn 118
Gen M 7s
1003 JAJ 114
Penn gen
68 r...l010
Var
138
Consol 6s 0.... 1006 Var
Consol Ss r
1010 Var
Pa A N Y Can
Cons Ss
Cons 48
Penn
78..'06
1989
1939
Steel IstSs.'l?
JAD
•
AAO
AAO
• • • • t
109%
MAN
People's Tr ti certs 48.'43
PhUa Blec gold trust ctfs
M 0g.'20 AAO
Gen M 48 g.. 1920 AAO
Ph A Read 3d 68.'33 AAO
Consol M 7s. .1911 JAD
Con M 68 g... 1911 JAD
Ext Imp M48 g.'47 AAO
Con M of '83 48.'37 JAJ
PhAEr gen
108k
101%
180
100
128
133
183
106
-
•
•••••
•••••
•
••••
• • •
ee
106%
Terminal Ss g.l941 Q-F
138% 188%
Collattrust 48.1921
iio"
PWil A Bait 4s. 1917 AAO
JAJ
I
• • •
CASt L 78. 1900 FAA
103%
Read Co gen 48, 1997 JAJ
8-k 87%
Rochester Ry con 58.1930 100%
••••
SchRESidelstSs g'35JAD HI
111%
100
Pitts
••••••
Scran Trac Ist Os '32MAN
Union Term'! Ist 5s.FAA
United N J 48.. 1944 MAS
•
117
90% 93"
87
100%
1933
4s..
105
1,8
123"
183%
100
110
108%
118%
Newarfe Pass con 5s.l9.'<<>
NYPhU&N. rIst4s'39J&J
Income 4s...lu30 MAN
i'l'?"
181
107
75
99
110
119
Ry
108
101
Series A 5s 1936.... JAJ
Series B 68 19 28.... JAJ
Pitt Un Trac 58.1997 JAJ
48
Vlrg Mid Ist 68. 1906 MAS
2d series 6s.. 1911 MAS
3d series 6s.. 1916 MAS
4th ser 3-4-58.1921MAS
5th series 5s. 1928 MAS
.2882 AAO
Gas-L 1st g 5s. 1938
5s...
Indianapolis
8»«
JAJ
.
108% 108%
107
IstOs.'lO
KCSub B lst08..'20J&D 00
K C P A G l8t 5s..'33 AAO 71%
Lehigh Nav 4%s. .'14 (J-J 114
RR4sg
1014 <J-F 106
Gen M 4%s g. 1034 (J-F
Leh V C'l 1st 5s g.'SS JAJ io6%
Leh Val ext 48. .1048 JAD 116
i'lo"
Sd 78
1910 MAS
108%
Consoles
1933 JAD 110
117
Annuity 6s.
JAD 137
New'k Con Gas 5s '48 JAD
106% 108%
103
130
111
58.'20
Hestonv M A F con 5s. '24
HA B Top con 5s. '25 A vf»
128
130
NewOrlQas Ist 58...Var 100
Norfolk St l8t 5s '14. JAJ 108
i'l'o"
NorthCent4%8.1925AAO 118
68 1900
AAO loa
JAJ 103% i'04k
6s gold 1900
JAJ 110
6s 1904
8ecAvTn(Pltt8)58'34JAU
Sav Fla A West Ss '34 AAO
Seab A Roan 58.1926 JAJ
United Ry A Blec Income.
09
Income
Chao
Chas Ry G A Bl 59 99 MAS i'0'5%
CharlCA A eitSs. 1 w 1 J AJ 109
Chesap Gas 8s. .1900 JAD 103
CityASub l8t5s.l922JAD 118
ColAGmvl8t5-6.1917JAJ 115
Consol Gas 6s. .1910
1930
58
114
BlmAWUm
Ext A Imp 6s. 1901 MAS
NoBaltDiv 58.1942JAD 180
Va
76k 77
114%
Ist 68 tunnel 1911..JAJ
Bal Trac Ist 58.1929MAN
C!onv'rtible58l906MAN
Cent Ohio 4%s g.'30 MAS
Central Ry 68.. .1912 JAJ
Con80l58....1932 MAN
MAN
Edison Elec 5s stk tr ctfs.
ElecA Peop's Tr stk tr ctfs
EastAA IstM
i'l'sk
88
UnTracPltt8genSs'97JAJ
lAnd
*••••
interest.
113%
•
•«•
t$l'30 paid,
•Price Includes overdue ooupo ns.
September
THE CHRONICLE.
1899.]
16,
5S7
Latest Orott
Ittxrjestmjewt
WeekorMo
AND
Kan. C.N. W.... August
Kan. City A Cm, Istwk Sept
K. C. Pitte.
AG.
4th wk May
Kan.C.Snb.Belt IstwkSept
stwk Sept
L.Erie A West
Lehigh A Hud.. August....
Lehigh Val. RB July
RAILROAD EARNINGS.
The followiiiK cable shows the grosb earnings of every Leh. V.Coal Co uly
July
ITBAM railroad from which regular weekly or monthly returns Lez'gtonAEast
figures give the Long IslandBR August
Wn be obtained. The first two columns of and
Long Is. System, August
the last two Los Ang. Term. AUKUSt
gross earnings for the latest week or month,
•olumns the earnings for the period from January 1 to ano Louls.EV.&St.L stwk Sept
Lou. H A8t.L.. IstwkSept
Inoluding such latest week or month.
Louisv.ANashv
Tiie returns of the street railways
iUrately on a subsequent page.
Week or Mo
1899.
1898.
Ala. 6t.Soatb..| IstwkSept
May
Ala. Midland..
Ala.N.O.ATex. Pao. Juno.
B
N Orl. & N. 4thwkAug
Ala. & VlokBb 4tbwkAug
15,897
37,132
68,168
Jan. 1
to
LaUtt Dat4.
1899.
S
$
July
Adlrondaok
stwk Sept
Macon ABirm. Au^u^t
Manistlque
August
tMexloanCent. Istwk Sept
&P.
tMex.Cuern
July
Mexican Inter*! July
National
tMex.
IstwkSept
Mex, Northern June
tMexicanR'way WkAug.26
Mexican So
3dwk Aug.
are brought together sep-
Lalft Qrou Bamingt.
BOADS.
15,064
31,802
80,652
107,093
1,259 197
320,878
1898.
•
124.125
1,152,515
338.296
920,625
59,0CO
46.000 1,065,44";
453.1 '0
428.833
25,000
20,000
423,713
413,514
22,000
21,000
Vioks.Sh.&P. 4thwk Aug
306,732 219,557 l,750.>-95 1,48H.179
Allegheny Val. July
970,903
1,058,040
126,2.^8
30,260
IstwkSept
Ann Arbor
62,0*5
69.695
6,977
8,767
Ark. Midland...' July
3.203,171 2,766,998 22.629.03 21,555,336
Atoh.T.&S.Fe.-i July
796.791
171 470 12X.493 1,0 3.445
Atlanta &Cbar. June
203,5-.;3
252.408
37.4ie
27,217
Atl.Knox.&No. August
31-,919
343,362
44,792
45 696
Atlanta & W. P. July
158,791 135,912 1,027.620 1,001,334
Atl.C'BtLlneS.C June
20^,1 95
218,5^8
11,117
16,634
Atlan. &Danv.. latwkMay
60 87.-i
63,089
8.493
9,995
Aostln&N'west June
2.759,8^0 2,502.676 19,047,221 18.437,C'35
BaltAOUo.... August
146,429 190.147 4,489,643 4,713,149
Bal. AO.Sou'w. IstwkSept
10,90^
10,038
1,459
1,659
Batb & Ham'ndf* June
12,h80
10,136
1.585
1,315
Blr. A Atlantic. June
236,730
251,157
47,207
Bronsw'kAWeet May
53,313
Biifl:Rooti.<&Pltt IstwkSept
89,489
78,921 2,556,085 2,573,1-2
318.460
407,782
55,290
49,659
Buffalo & Sasq. July
121,021 3.111.186 2,803,439
Biir.O.Rap.<&N. lstwkS>^pt 118,150
518.000 18,0h 1.989 16 376 247
OanadianPaolflo IstwkSept 579,00
7 ,056 3,579,2ti6 3,40:,747
Oent.of Georgia IstwkSept 110.V96
39W,277
353.6^5
4«,034
58,426
Oentral N. E... July
1.312.338 1,034,644 8,083,797 6,782,45!^
Oentralof £<. J.. July
1.503.518 1,345.806 7,868.435 7,40«,2 6
Central PaolUo. June
330,82"
324,277
Quurlest'n&Bav May
70,916
58.795
72, 98
70,787
Ohas'n&W.Car. January,
70.787
72.098
47 02
51,888
964
Ohattan'ga Bo.. IstwkSept
1,693
245,316 236,2" 7 8,150,354 7,976,960
OheB. & OTaXo
1 stwk Sept
GhlcBor. &Q... July
3.850,278 3,086,197 23 927,608 22.937 948
Otalo.&Ka8t.Ill. Ifitwk Sept
105. 73
100.039 3,155.288 2,799,523
Ohio. Gt. Weat'D Istwk Sept
143,862 115,793 4,104,790 3.627,924
Ohio. Ind. & L.. IstwkSept
77,602
72.632 2,486,28^ 2,201,730
Ohlc.MU.<S:St.P IstwkSept
861.554 813,229 25,603,005 22,127,690
Ohlc&N'thWn. July....
3,692.275 2,819.285 22,191,648 19.813,940
545.10*?
583,416
Cfhlc.Peo.&St.L. August,
85,453
68,562
Ohlo.R'k I. <feP.. July
2.000,703 1.786,577 11, 602,'' 55 11,403,649
Ohlo.8t.P.M.&0. July....
875.197 712.201 5,471,060 4,436,747
793,502
CfhlC.Ter.Tr.RR. Istwk Sept
846,141
24,113
21,864
dhlc&W.Mloh. 3dwk Aug.
47,158
43,890 1,352,831 1,136,167
956.089
Ohoo.Ok.&OaU. August
120,000 *95,0O0 1,094,8-4
38,975
Oin.G.&PortB'tli August
44,757
7,473
5,912
01n.N.O. <feT.P. August
428,237 417,345 3,046.3W2 3,006. 1 2H
177,646
01n.Port8.&Vlr. August
201,000
34.906
28,908
341, X07
317,150
Olev. Ak. & Col. 3d wk May
18,586
18,690
Ca.Oin.Ch.&8t.L IstwkSept 324,566 3 '3.106 9.879,579 9,678.063
1-8.460 162.503 1,2» 8.294 1,215,6^5
Peo. & East'n August
933,176
0LLi0r.& Wheel. 3dwk Aug
39,868
30.927 1,084,6^6
OoL Midland.... August...
157,862 126.663 1,093,792 1,036,217
Colorado & So.. 4tUwk Aug
2,422.438
86,235
546,475
538,185
Col. Band'y A H 4th wk Aug
28,133
30,245
7.164
OrystaL
6.417
June
1,070
868
468.149
Oumb'l'd Vallev July
483.750
75.223
68.069
Oenv. A Rio Gr Istwk Sept 195,700 170,300 6,131,422 5,616,230
909,909
DetG.Rap. <bW 3dwk Aug.
987,250
32.742
30,79327,379
422,204
Det. A Maoklnac July
61,641
45,856
Dnlath S.S.&AtJ IstwkSept
47,872
39,476 1,567,9M 1,244,838
9H4.027
IglnJoi.&East August
150,626 126,v57 1,1 68,'= 00
rie
July
3,302,533 2,570,097 19,749.126 18,069.995
30,450
Hareka Springs. July
33,249
6,141
4,527
212.511
EvanB.AInd'pll8 IstwkSept
7,44-;
228,274
7,780
861,692
BranBY.tbT. H IstwkSept
911,524
28,018
26,308
39.384
Find. Ft.W.&W June
49,063
10.519
7.336
VUntAP.Marq Istwk Sept
62,534
61,674 2,209,939 1.985.043
Fla.Cent.& Pen. 4thwkAug
49,991
141,047 l,775,88t3 2,091 »,607
853,630
Ft.W'th&Den.C 4thwk Aug
956,974
34,094
30,979
281,389
rt.W.ARlo Gr 4thwkAug
295,146
9,974
9.537
4,807
6.6f5
eads.A AU. U. August
1,311
538
979,436
QeorglaRR.... IstwkSept
27,619
22,294 1,036,599
784.H57
Qeordaib Ala.. August.
771.168
93,100
96,383
643,950
Q«0. So. A Fla August.
646,509
86,422
73,300
G.&N,
Gila Val.
July
248,657
32,528
Ind.
973,566
A
Ar.ftap.
June
206,192 162,581 1,134,075
214,327
01n.R.&Ft.W June ....
232,756
41,799
36,985
19,628
rraverse City. June
22,939
3,805
3,322
58,088
MnB.G. H. AI. June
56,787
10,699
10,481
Tot aUlines. >uly
279,683 247,858 1.726,240 1.513.467
•Or.Xr'ni Syst'm IstwkSept 597,853
535,185 17,095,810 15,768,485
Ohlc.&Gr.Tr. 3dwk Aug.
72,274
61,718 2,434,304 2,314.824
563,610
Det.Gr.H.<i:M. 3dwk Aug.
601,419
25,350
21,593
Oreat NortJi'n—
1,853.926 1,575,607 12.169,313 10,903,9'27
St. P. M. A M. August..
EJMtof Minn. August
263,682 287,e00 l,643,39w 1,217,824
Montana Cent August
180,206 145,121 1,262,953 1,309,124
Tot.ByBtem August
2,297,814 2.008,418 15,075.665 13,430.875
114,617
188,320
€PlfB'mntAK.O August
25,118
16,361
emi AChloago. July
3,788
3,008
Hooking Valley. IstwkSept
72,3,1
55,774 2,147.271 1,741,706
Hoos.Tan.&WlL July
4,887
4.674
1,671,976
HoaB.ATex.Cen June
223,292
minols Central. August
2,590,297 2,371,996 18,687,022 17,654,589
202,601
210,664
Ind.Deo.AWeBt. May
46,835
46,298
504.076
577,822
2ad.Ill.AIowa. July
76,791
59.594
fn.AQt.North'n. IstwkSept
76,805
72,827 2,318,010 2,183,898
tinteroo. (Mez.) WkAug.26
82,200
60,200 2,521,600 2,102,500
Iowa Central... l3twk Sept
48.648
47,786 1,478,823 1,276,514
32,962
38,732
Iron Railway... August
5,726
4,157
373,663
436,684
KanaWaA Mlon IstwkSept
12,399
11,448
K.C.F.8oottAM. IstwkSept 100,349
77.562 3,310,026 3,214,632
961,880
965,222
K.O.Mem. A Bir IstwkS'Pt
26.092
18.887
Midland Term'l. .July
Miuneap.&St.L. IstwkSept
M.8t.P.AS.8t.M. IstwkSept
Mo. Kan. A Tex. IstwkSept
Mo.Pac.&IronM IstwkSept
Central Br' oh. IstwkSept
Total
IstwkSept
Mobile A Blrm.. June
Mobile A Ohio., August...
Mont.AMex.G't August...
Na8h.Ch.A8t.L. July
NevadaCentral. July
,
.
Eamingt.
Jan. 1
Lateti Dot*
to
BOADB.
i
'
N.Y.C.&H.R.
August...
Norfolk & West.
Northes'niGa.).
North'n Oentral
North'n PaolHo.
Ohio River
IstwkSept
July
Ohio Southern
January...
N.Y.Ont&W.. IstwkSept
N. Y. Susq. A W July ....
.
May
4thwk Aug
IstwkSept
Om.Kan. C AIs. August
Omaha & St. L. August
Oreg.RR.&Nav. 4thwkAug
Or eg. Sh. Line.. July
Pao. Coast Co.. May
PacilicMail
July
Pennsylvania^.. July
PeonaDeo.&Ev IstwkSept
A
Phila.
Phila.
Erie...
May
ARead... July
A
Coal
Ir.
Co.
uly
Tot. both Co'B. July
Phil. Wilm. A B. July ....
Pltt8.C.C.ASt.L, July
Pllts.Usb.&WD August
PlttB.Be8.AL.E. Istwk Sept
Pltte.
AWeB'n.. IstwkSept
Pitt8.Cl.AToi. IstwkSept
Pitts. Pa. A F. IstwkSept
Total system IstwkSept
EUoh.Fr'KsbAF. July
Rio Grande Jot. June
RloGrande So'n IstwkSept
RloGr'de West. Istwk Sept
A H. July..
8t.JoB.AGr.I... IstwkSept
8t.L.Chl.&St.P. August
St.L.Ken'etA So August-- ..
8t.L.ASanFran. Istwk Sept
St. L. Southwest. Istwk Sept
StPaul ADol.. August..
Sag. Tusc.
San.Ant.AA.P May
San Fran. &N.P August
8. FePres.APh. 4thwk Aug
Sav.Fla.AW68t.
Sher.Shrev.A8o,
SU.SprB.O. AG,
May
4thwk Aug
May
Sioux O. & Nor April
So Haven A E. July
1899
1898.
S
S
33,872
27,052
4.797
4,755
81.63*^
96,336
12.199
9,774
71.971
77.396
32.781
39,02a
2,057,125 1.703.' 87
1,565.143 1,406,682
18,719
23,138
555,487 61 ,407
616,815 674 .497
12.10
15,158
36,22t
31 9»8
11 630
11,756
505,040 425,5
4,451
4,333
7,5f0
8,367
231,920
261,300
25,000
393,908 268,010
122,171
100,987
48.734
68.223
76,000
88,60(
13.291
14,125
35.703
46,241
53.0.5H
63,122
103 994
109,244
233,098
2 8,741
536,000 497,00.
22.041
27,000
563,0(C
519,000
23,401
27,321
488.714 360,053
115,296
119,758
498.089 549,531
4,14,s
2.633
4,905,211 4,107.090
78,215
88,131
221.970 166.219
290.527 246,422
4.294
4.991
530,815
614.115
925,102 883,264
27.333
32,326
62.323
75.258
34,855
37,595
50,430
44,849
165,4fO 151,773
674,267 565.672
435.952 432,060
298,792 471,594
6,081.695 5,162,296
17,078
19,587
454.476 391,611
l.f 98.364 1.688.072
2 300,068 1 356,243
4,2t^8.432 3,044,315
862,078
897.478
1.502,172 1,231,893
3,912
4,297
40,499
55.413
37,465
39,727
21,622
19.119
9,019
7.890
68,106
66,736
75,356
76,148
37.065
38.603
8,914
9,074
50,300
54,400
12,900
13,227
30,231
32,779
31,643
32,535
5,602
8,500
127,797
168,59
96.700
120,400
15s'.926
191,220
129.210
136,508
89,931
97,082
21,424
21,940
323,074 426,269
8,659
9,039
42,130
29.033
18,587
19.400
3,454
5,560
1899.
1898.
S
S
212,846
222.458
lt5,283
162,75 J
1,498,659 1,304.218
:^29.3^2
60,3^4
2.504,24
2,304,652
3i ,81*
242.250
11.376,7-0 10 132,672
9.416,197 7.821,605
136,'-21
124,520
?,032,433 2,984.949
3,279.903 3.205,971
80, 73
61,614
1.1 42 20
1,( 24.846
393,377
327,128
16,82'».391 15,042,800
39
39.
34,900
6".622
79,377
10,2 5 05
9,062,568
:^
-
2=.3.671
2,669,70
4.730,482
423 2-2
2,975,800
497,319
1,^00.076
2,796.808
7.314.130
1,93. .983
4,126 985
277,527
2.708 900
ic 5 943
1.399,564
2,54 ,036
6,896.121
17,772..551 17,163,026
795,37"
V 04,262
18.567,928 18,067,288
178.883
182,033
3.4 40,919 2,7h3,416
831,575
982,709
3,381,3.0 3,i 85,251
31,892,647 29,288,980
3,195.418 2,546,018
1.4U.I-3 1,237.171
8,292,05
7,4^3.476
29.733
28924
3,762,309 3.54 3.309
16,422,092 15,238,230
7 30,2 ...2
628,377
75,258
62.323
4,248,963 4,362,852
4.279.130 3,bl9,124
1,929,471 2,292.512
2,114,02,6^8,553
39.230.606 36,525.606
57 3,052
539,158
l.b58,271 1,515.004
5,892.489
9,618,431
c 0.028
1.144.105
1,291.421
647,174
278,556
2,22 3,247
558.324
174,900
310.348
2,388,569
75,515
914.206
227.607
57,227
4.897.447
3.624,044
1,148,533
662,036
609.848
690,708
1,565,247
201,912
133.219
5,529,089
8,771,176
29,536
871,508
1,184,787
102,»i31
78 586
15,911
21,529
724.056
259,107
2,174,270
520,444
175 562
307,898
2,155,b€6
66.957
798,121
218.149
41,737
4,488,011
3,28, ,754
97.%983
761,583
544,354
529,290
1,579,076
167,137
104.625
So. Paoilic Co.-
Gal.Har.AS.A June
West June
Morgan'sLAT June
N.Y.T. AMex June
Tex. AN. Orl. June
Atl. Prop'tes.a June
So.Pao.ofCal June
Bo.Pac.ofAriz June
So.Pac.ofN.M June
Pacitto systen) June
Louis'a.
....
....
....
Ry.c IstwkSept
StonyCl.&C.Mt June
Texas Central. IstwkSept
TexasA Pacific. IstwkSept
Tex.8.V.AN.W. M ay
Toi.AOhioOent Istwk Sept
Tol. P.
A West.
354.457
94,391
474,24e
2,821.891
707,419
3,271.149
24,867
144579
133,307
123.484
942,638
216,889
115,136
1,751,263
989,33
Istwkj.Sepi
1,328.819
296,764
164,829
4.946,971
572,^31
4,807
7.054
133,813
5,000
39,2 It)
24,805
37,7.-6
Tol.St.L.&K.C IstwkSept
Union Pao. RR.. July
., 1,844.211
IstwkSept 332.556
tVabash
W.JerseyASea'e July
W.V.Cen.APltto August..
(SrestVa.APiUs. June
Western of Ala. July
stwk Sept
Wheel. A L. Erie IstwkSept
IstwkSept
Clev. C. A SoIstwkSept
Total
Wisconsin Cent. 4thwk Aug
WeBt.N.Y.APa.
1
Jfrightsv.ATen. July
rork Southern. July
2,604,427
601,363
2,998 818
151.229
791,155
...
Total of aU.6 July...„
Southern
471,634
99 489
455,832
20 815
412,781
110,967
31,307
48,14.=
79,700
37,381
16,740
54,121
196,284
10,734
6,860
l,6fi7.519
849,514
,259,813 32,475972 30,239.161
540,388 17,616,4'^1 15.979,402
11.233
9,794
4,137
181,914
171,843
5,77e
124,892 5,071,708 4,663,708
2,700
30,21:1,283.671 1,215,929
639,900
668.635
22,482
44,335 1,287.337 1,402,127
,614,41;- 11.051,763 10,001,066
285,5 6 10,060 4f 6 9,042,4e5
359,881 1,636 933 1,418 633
773.009
850.209
101,513
182,232
31.t74
160,827
371,43T
350 060
46,8567,900 2,370,2-7 2,025,691
979,840
29,lfc9 1,110,884
14,514
43,683 dn69 90 dl025,898
147,95b 3,498,086 3,170,589
46,850
73,313
5,781
40,969
44,060
5,683
a Includes earnings from ferries, etc., not [given separately. 6 In"
eludes the Paoilic system and the Atlantic properties, but not the Houston A Texas Central system, c After May 1 Includes South Carolina A
Georgia for both years, d Includes Clev. Canton & Southern from
Aug. 16 only. 'Figures for August are for the ^railroad only.
Ohio Valley aud Chicago
t Includes Chesapeake A Ohio So'western,
and Texas for both years. Results on Yazoo Branch excl uded In
t Mexican currency.
§ Cov1899 but included in 1898 until July 1.
ers results of Jlnes directly operated east of Plttsborg.
THE CHRONICLE.
588
— 1899
Latest Gross Earnings by Weeks.— The latest weekly earnings in the foregoing are separately summed np as follows
week of September our preliminary statement
covers 61 roads and shows 10 59 per cent increase in the aggregate over the same week last year.
first
week of Sept.
Isl
1899.
1898.
Increase.
Decrease.
S
Alabama
Gt. Southern...
Ann Arbor
& )hlo 8outliw«8i
Buflaio Rooh. & F Ittsb's-.
Burl, r-ed Ran. & North
Bait.
'
OanaAian
Paolflo.
Central of Georgia.
Chattanooga bouthern..
Chesapeake
Chlni*^
Cnilc.
&
Ohio
Tlllnoi&
'='"'t
Great Western
Ohlo.Indlaa'Us <te Loalsv.
Ohlcaeo Milw. & St. Paul
Chlo. Term. TransfPr ..
Clev. Gin. Chic. & St. L..
Denver « Rm Grande.
Duluth 8o. Shore & At...
& IndlanapoLls.
& Terre Haute.
Bvansv.
Bvansv.
Flint
& Pere Marquette
GJeorjrta.
>.
erand Trunk
Chic. & Grand Trunk
Gd H &
Det.
Hocking
Intern'l
Iowa
M
y
>
Gt. North'n
.
..
Mlohiean...
Kan. City Ft. S. & Mem..
Kan. Cltv Mem. At Blrm.
Kansas Cit.v & Omaha...
Kan. olty suD.iieu
Lake Erie & Western...
LonlBV. Evansv. & St. L
LoulBv. Hend. & St. L...
Lonlsv. & '^Jasi
Mexican Central
Mexican Wational
UlnneapoIlB & St. Lonls
Minn.
tfo.
St. P.
&
S. Ste.
M.
Kan8aB& Texas
Paoitlo, Iron Mc. ..
Central Branou
N. Y. Ontario & Western
Horfolk & Western
Ohio River
Peoria Deo. & Evansv...
Pitts. Bess. & L. Erie
—
Mo.
PlttBburj?
146 429
89.489
llS.l.nO
579.000
110.296
& Westeru
—
Rio Graone Southern
Rio Grande Wnstem
Bt. Josepn & Gd. Island..
St. Louis <te San Fran -.
Bt. Lonls Honthwestem
Southern Railway
Texas Central
Texas & PaciBo
Toledo & Ohio Central...
Toledo "eoria <Si west'n..
Xoledo St. L. & Kan. Citj
Wabash
West N. Y. & Penn
Wheeling & Lake Erie.
Cleve. Canton
5,330
4,002
43,718
10.568
2,871
61,00C
33.240
77.0161
Roads.
236,277
100 039
115.793
l'>5.273
143.862
77 602
861.554
24.113
324.566
& Sou'n.
Total (64 roads)
Vetinorease 10 59D.
8l3.2v;9
21,H64
328.10b
170 300
47,872
39 476
2.249
1,460
25.40
8,396
7.447
7,780
26.306
"i",712
61,H':4
86u
22.294
5,325
597,853
535,185
62,668
72,3=i6
55,774
72,8 27
47.7f5
11,44S
77,562
18,887
16,582
3,97«
195.701
28.018
62.534
27.619
76.80-
12,399
100,349
2b,092
4,755
19.451
117,063
14,192
105,988
Bellaire Zanesv.<fe Cla.—
Apr. 1 to June 30 ...
Jan. 1 10 June 30....
39,330
68,452
28 6<»3
53,604
1,556
9,745
2.683
7.610
Central New Eng
July
Jan. 1 to July 31....
58,426
398,277
49,034
353,665
12,254
107,455
11.539
89.135
'dorado Midland... July
Jan. 1 to July 31....
151,911
935.930
140,339
909,554
33,356
147,443
24 537
137,853
Fonda Johnst. & Gloversv.Apr.l to June 30
80,451
Ga. & Alabama. a ..July
94,248
4r,
Ohio.
333
b63
951
22 787
7,205
4,7^^7
42
2,425
77.396
36,226
11,766
505.040
261,30.
122.171
71971
5,425
31,968
11.630
4,26>.
425,5.=)0
2 -'1,920
79.4ai
126
29,a80
21,184
10,066
100.9-7
53
6
103, 94
1C9.244
258,741
53'i,0tJ0
I
24,84c>
39
0UII1
M
5.0
22.0tt0
27.000
88.131
290.527
32,3.6
19.587
55.413
66,73b
9,074
54.400
32.779
168,59
120,400
572,931
7.054
133.813
39,216
24,806
37.756
332.556
79,700
37,381
16,740
78.215
9,91H
24-^,422
44 105
27,33o
17,u78
40,499
6a. 10b
8,914
50,3 )0
4,99
2,5^9
14,914
30,;231
127.797
96.700
540.3-8
5,778
124.b92
3",213
22,48^
44,335
286,076
67.900
29. 69
14,514
7.632,219
1,370
16i'
4.100
2,548
40,79i
23,70
32.5 i3
l,27t
8.921
9,(103
2,323
6,579
46,980
11,800
8,2li
2,226
865,987
22,230
21,102
158,371
1,5' 1.254
11,355,466 10,610,230
559.814
3,893 435
491,079
3,546,574
36,416
53,654
678.068
...July 1,704,025
...
285,450
16,371
33,545
612,0R0
465.607
Illinois Central. ».. July 2,381.790 2,052.074
Jan. 1 to July 31. ..,16,096,725 15,282,593 4,720,965 4,807,667
59,S94
76,791
17,733
Indiana 111. Alowa.b. July
24.665
195,086
Jan. 1 to July 31
577,822
504,076
224,264
Lehigh VaUey in N. Y.b.—
Apr. 1 to June 30
1,304,870
Jan 1 to June bO
2,348.935
Lexington & Ea.st.b.July
23,138
136,821
Jon. 1 to July 31....
5B9.801
Long Island RR b..July
Jan. 1 to July 31.... 2,476,946
641,260
Long Isl'd RR.Sys.b. July
Jan. 1 to July 31
2,663,038
68,223
Mexican Northern June
423,282
Jan. 1 to June 30
July 1 to June 30 ...
749,859
July
Nevada Central
2,633
N. Y. & Rock. Beach63,983
Apr. 1 to June 30
Jiiu. 1 to June 30 ...
77,096
Western Gas Co.—
Mllw'ee Gas-L. Co. Aug.
Jan. I to Aug. 31....
July
WheeL & L.Erie
1898.
Increase,
$
$
Previously rep'd (61 r'ds 12,102,053 10,558,442 1,575,734
Ala. No. & Tex Pac—
13,000
46.000
59,000
New Ore. & So. East...
20,n00
5.000
26,000
Ala. & Vioksburg
22,000
21,000
Vioks. Sh. d: Pac
2.4.50
46.532
44.082
.......
Ann Arbor
436.65'
476.609
40,059
Olev. In Ohio & St. L..
49,99
141,047
•• •Fla. Cent. & Penln
30.979
3,115
34,094
Ft. Worth <fe Denver City
60.200
22.000
H2.200
Interooeanio (Mex.)
53.304
170,618
117,314
Kan. City Ft. 8. <ft Mem.
26,102
12,494
38.896
Kan. C. Mem. & Blrm
3.881
19.411
15,530
Louisville Hend.A St.L..
76.000
12.6 '0
88,600
Mexican Railway
41.83883,264
925 102
Northern Paoino. .......
111,700
49,300
Ibl.OOO
Rio Grande Western
516
21,424
21,940
San. Fe Presoott & Phx..
8.6=>9
380
9.039
Sherman Shreve. & So...
1,778
6,416
4,e3a
Texas Central
.
Total i78 'oads)
Wet Increase (1357
p.o.).
14,337,501 12,624,231 Ti837.449
1,713,270
57,338
Decrease.
S
32,123
deficit
Knoxv. & yo....July
Jan. 1 to July 3L....
35,145
214,992
24,063
176,306
10,024
41,750
611.540
14.547
185.471
347,834
994
4.102
12.696
40,257
54,669
def. 2,744
def.5.751
35,114
308.876
54,069
33,925
293,375
above or below those charges
<-Bal. of Net
Int., rentals, <ec.—^
rol.
$
99,417
$
113,243
117,740
22 234
44.473
21,667
43,334
July
Long Island RR
Long Island RR. Sys. July
Peoria & West.. Aug.
July 1 to Aug. 31....
1899.
1898.
1899.
103,917
22,421
44,842
22.998
45,983
9
*169,076
•208,603
4,4
Eamt.^
1898.
$
*168,369
*203,507
def.968
5,006 def.8,020
14.043
3,955
lz,303
24,372
After allowing for other income received.
NORTHERN
91,056
PACIFIC.
July, '99.
$
.... .*-
124,179
incl.
land
sales.
Main system
Proprietary lines
1898.
4,399
36.826
*
1,91K,699
946,822
1,156,127
969,877
319,335
145,940
836,792
22,222
823,937
5,027
859,014
20,624
828,964
31,796
879,638
860,760
and im-
provements
Net operating income
Miscellaneous Income, not
Net income—
July, '98.
1,194036
2,350,163
Gross earnings
Operating expenses.
Net earnings
Operating charges, taxes, rentals
Roads.
Att.
29!,8ii9
Interest Charges and Surpins.—The following roads, in
addition to their gross and net earnings given In the foregoing, also report charges for interest, &o., with the surplus
*
,
1899.
5 0, '04
594,490
2,531,474
48.734
277,5;?
549.738
4,143
i,oo'o
reported this week. A full detailed statement, including all
roads from which monthly returns can be obtained, is given
once a month in these column and the latest statement oi
this kind will be found in the Chronicle of August 26
1899. The next will appear in the issue of September 23, 1899.
—Net Earnings.—
-Gross Eamtngs.—
1898,
10 5 1
45,972
247,785
here given are after deducting taxes.
W.Va.Cen.& Pitts .. Aug.
July 1 to Aug. 31....
Net Earnings Monthly to Latest Dates.—The table follow
log shows the gross and net earnings of Steam railroads
1899.
78. 20
150,298
Roads.
1899.
286.655
684,200
7.234
42.161
245,749
671,039
285,387
703,066
26,681
149,904
308,025
1,277
76,172
1.225.489
2,398,200
18,719
124,520
535,999
2,373,54 i
b Net earnings here given are before deducting taxes.
For the fourth week of August our final statement >jover8 78
and shows 13*57 per cent increase in the aggregate or
over the same week last year.
week of August.
79,136
Pk.& Coney Isl.—
3.044
1.157
33,609
Apr. 1 to June ^0 ...
30.464
37.5=6
44,772 def.9.746 def.1,859
Jan. 1 to June 30 ...
3^844
35,094
75,356
76.148
Sloh. Fred. & Pot.. .July
204,974
211.867
558.323
520,444
Jan. 1 to July 31 ...
Southern Pacific. b. July 4,946,971 4,259,813 1.771.5f^4 1,530,123
Jan. 1 to July 31.... 32,'47.=).972 30,239.161 11,06 ,066 10,429,937
'
21.453
26.704
98.614
83.946
1 01. Peoria & West. b. Aug.
163.354
174 6?6
643.8.^0
617418
Jan. 1 to Aug. 31....
36,822
49.479
155.251
184,972
July 1 to Aug. 31
26953
35.710
110.967
101 513
W. Va. C. & Pittsb. Aug.
58,286
67,706
212,859
198,732
July 1 to Aug. 31....
6.479
13.227
31.674
31,307
West. Va. & Pitts. b June
68 053
182.232
32,3i7
160.827
Jan. 1 to June 30...
173.001
116.128
391,089
357.386
July 1 to Juue 30...
14,941
16,102
48,145
46,8 "^3
West, of Alabama. b.July
114,432
129,629
350,060
371,437
Jan. 1 to July 31
roads,
4</t
280,462
95,891
Mil. .July
a Net earnings
80S649
'^.'
12.905
93,959
129,411
Ehrosp.
5,^50;
233.8y8l
497.00.
65,007
94 871
688.274
& Qt. Trunk.July
Uet.Qr.H.A
12.199
63.12^
Trunk of Can
Jan. 1 to July 31.
9,7 4
8.440.868
44,792
317,919
4,97«i
48.3-25
$
45,686
343,362
Jan. 1 10 July 31
9,039
5,234
23,069
72,632'
$
.
Atlan. & West Pf.b.. July
Jan. 1 to July 31
72^
1.693
246,31"
48.^4'»
'.:!entral
Kanawha &
31.802
26.258
190.147
78.921
121.021
518.000
>
Vttlley
&
37.132
30.260
-Nei Eamtngs,
1899
1898,
Qross Earnings.
1898.
-
:
For the
[Vol. LXIX.
Total
STREET RAILWAYS AND TRACTION COMPANIES.
shows the gross earnings tor the latest
which we are able to obThe arrangement of the
roads—that is, the
steam
table is the same as that for the
drst two columns of figures give the gross earnings for the
latest week or month, and the last two column&,the earnings
for the calendar year from January 1 to and including such
The following
table
period of all street railways from
tain weekly or monthly returns.
latest
week or montii.
I
September
THE CHRONICLE.
16, 1899. j
STBEEr RA1LWA.Y8 AND TRAOnON COMPANIES.
Jan. 1 toLatest Dc
Latest Oroa$ Earnings.
OB088
Eabminos.
1899.
1898.
fTee&orifo!
1899.
Tiiue
61.921 56,555
5,5^6
5,451
45,908
""9.916
9.407
19 080 18,07
32,96t» 3i,019
Illinois Central Railroad.
(Report for the year ending June 30, 1899,
The annnal report of the directors for the year ending June
30, 1899, is given on pages 594 to 600, with balance sheet and
te-
1898.
S
Albany Railway
AmeterflatD St Hv.
July..
Atlanta By. & Power. July..
Bay Cities consul
July.
Blnghamton
Ry.
July..
Bridgeport Traotlon June
Tr.
CcRap.
Bp'klyn
Brooklyn HMjthts.. August
St.
Cln.
Newp. & Cov
July
City Eleo. (Rome.Ga.) July
Cleveland Electric...
Oleve. Painsv. & E.
Columbus 8t. Ry. (O.I
Denver City Tram.
Detroit Olti'ns' st.Ry
July.
.
:83,ij87
11,224
68,358
113.771
...
.
Istwk July
Ry
Ry
Mtisoattne St.
Newburg
St.
Hew London
New Orleans
"48'62.'i
162,.i76
1
027,647
11,097
65,678
2,741
141.738
8.987
58.318
106.453
26,148
7,487
49,219
394.29
15417
819580
50,6 43
500,714
446,587
65i".869
5"80".l"2'2
215,596
201,1,4
3.739
17.-96
10,081
100,321
123,300
35,102
H4 325
27.288
174.786
146,06'0
3.889
18,782
3 733
18,998
24,843
121.b50
23,192
108,153
16.132
9,440
11.016
4.740
^1.0o6
11.468
13 876
9.290
84.626
37 615
75,951
July
July
June
August
10 809
9,433
8,364
51,407
77,008
12,87-1
April
July
July
St Ry. July
City.... August
9^9 61'
33,332
36,3«3
30,695
8.734
113 410 107,330
Ogdensburg St. Ky.. July
Paterson Ry
JiUy
2,993
41.279
19.151
10,729
4,564
38,0^7
26,566
Richmond
Traction.. July
Roxb'h Ch.H.<b Nor'i. May
BohaylklU Val. Trac. March
July
July
9 18.574
11,80
2,«7/
37.427
13,022
"36.855
"34.151
11.624
226.875
115.823
244,018
12.349
213.34'
112.860
221,141
34.330
26,988
June
t
Roadu
Coney
Isl.
Apr. 1
Jan.
1
to
to
New London
June 0.
June 30.
.
St.
Ry.July
to Ju'y 31 ...
Oct. 1 to July 31. ..
Jan.
1
Hew Orleans
City.
Aug
Jan. 1 to Aug. 31 ...
Staten Isl. Elec. a.. .July
Jan. 1 to Juiy 31...
,
1898.
.
Ae< Sarntngs.
18P8
1899,
S
9
$
341,278
565,775
8,734
274,753
490,645
3(',695
29,769
3J,673
107,380
896,668
26,988
112,860
152,756
223,365
4,819
8.'66
10,332
39,741
369.753
14,437
27,419
Brooklyn. b—
&
Mamtngs.
1899.
40,517
113,410
918,574
26,ii66
115.825
8,6fi5
.
145.969
205,740
5,091
9,<41
11,264
31.266
337,t99
15,034
2,069
This index does not include reports in to-day's Chronicle.
Railroads & Miscell. Companies. Railroads & Miscell. Co.'s— (Coti
Volume t>;j—
Page.
Page.
Volume 69—
3Si
Atch. Topeba & Saata Fe
apO Manhattan (Elevated) Ry
382
382 Me.v. Cent. Ry .Lim.6 mo. s state.
Boston A Albanv
2«1 Mex. Cuerii & Pac. .offlcialstate.
S31
Boston E ectric Light
382 Mex. Nat. Ry. Depositary Co ...
Boston & Maine
22«
Butfalo Koch. & Pitts
488, 4fl9 Missouri Kansas & Texas
382
226 Mobile &Ohio
33^
Calumet & Hecla MiQing
Chesapeake & Ohio
331, 337
.Nashville Cbat. & St. Loui!=
540
)
.
& Quincy
2S0
433,443
439
827
541
2-1
281
Iowa ("ertral
3-2
Kan. City Ft. Sci-tt & Memphis..
281
Kan. CitT Memph. & Birmingb.
281
Louisville* Nashville
331
Brie
Fitchburg
Frank Jones Brewln? Co., L'td..
Glucose Sui:ar Retlning
Hawaiian Com. & Sugar Co
Ini ernational Paper
.
& Hud. Riv. RK. ..488, 495
331
& Weste'-n.
N. Y. Susq. A We-tern
iS»
Norfolk A Western
280, 539, 546
Ore.;f-n RR. & Navigation
38i
Rio Grand ^ Southern
490
St Louis Breweries, Lim
395
St Louis ,& San Francisco
28)
San a Fe Pres. & Phoenix. 281, 538, 55i
N. Y. Cent.
New York
.
Ontario
Southern Hail way
Staten Island Rapid Transit
Toledo & Ohio Central
Ulster & Delaware
Waoash
Wagner Palace Car
Western N. ». 4 Penn
Street Railways.
Volum' r9—
.
1895-96.
$
4.394,771
15,0 S,104
2..'579,967
22,110,938
22,002,842
4,255.225
3,132,720
9,975,112
1,292,413
3,59i,0.';i
3,176,872
2,556,169
8,177,876
1,051,358
18,655,470
8,662,350
68-29
15,7^5,884
6,375,054
2,712.978
8,376,914
1,051,941
.
.'8l,'^i*9
383
331
3S3
538,519
14,962,276
7,040,566
68-00
7116
INCOME ACCOUNT.
189798.
$
$
33,420
11,133,506
10,698,719
8,539,2:0
8,959,030
on 111. C. bonds.
RentofO.S.L.&N.O.
2,902,465
2,993,.=545
2,361, h74
Rental D.&S.C.RR.
R'-ntal St. L. Alton
& Terre Haute
Dlvid. on I. C. stock
Added to ins. fund..
For betterments
981,646
3,189,972
1,648,905
531,193
2,932,808
2.139,660
793,453
310,627
2,625,000
290,811
2,562,500
150,000
422,500
50,000
50,000
8,535,6t)7
8,858,303
100,727
8,552,428
2,547,6 8
office
—
506,0?0
2,312,500
8,6'^2,350
1,475,040
533.406
2,625,000
501,452
829,000
50,000
396,000
50,000
Total
11,089,545
*43,961
Balance, surplus
10,861,516
37,203
85,;
86
1,64'^,221
950,463
lor air-brakes
and couplers
Mlecellabeous
Annual Reports.— The following is an index to all annnal
reports of steam railroads, street railways and miscellaneone
oompanies which have been published f ince the last editions
of the Investors' and Street Railway Supplements.
CrilcaKO Burl.
Cts.
7,0^0.566
1,832.678
Fund
ANNUAL REPORTS.
28.', 489
Chicago & Eastern Illinois
227
Chicago BdUon
488, 50t, 539
Chicaeo Gr. Wes' era
Chic. Mil. & St. Paul
538,5U
27y, 287
Chicago & .North Western
Cleveland Cln. Cnic. & St. Louis.
280
Col. Fuel & Iron
540
540
Col. & Hock. Coal A Iron
280. 4.39, 44*
Denver & Rio Grande
0-745
6,375,054
2,110,756
53,440
Int.
Street Railway Net Earnings.— The foUowiDg were received this week. The next complete^statement will appear
in the issue of Septemoer 23, 1899.
eross
9.6.^9,213
2018129060
2,177,064
59,305
&0
Total
Disburs'nients
These figures include results on Bridge Division.
Strike lu July 1899.
Strike In June. 1899, from 10th to 25th.
—
12,812,206
222.034,712
1-9' 9 cts.
189596.
$
Land
July
.
20,933
165
1896-97.
Interest,
,
*
170
4,283,497
3,195,937
Net Receipts—
Operation of railway
99,010 85,055
August
12»,283 110,301
July
225,390 196,517 1,376,746 1,201,552
ITnlOD (N Bedford). June
87,268
20,413 15.782
100,599
U'tdRy8.Elec.(Balt.) April
34l,34< 313.038
945,5"2'6
United Tract. (I'uts.j July
868.9b'7
161,475 140,561
United Tract. (Prov.y June
91 ',730 817 48
.75,617 148,964
Unit. Trac. (Reading) August.... 23.730 20,619
145,575 131,3oO
Wakefield & 8 tone ... M.iy
4.861
19 157
19,531
5,204
West ChloaKo St. Ry 3dwkJ'ne 86,739 80,696 1,885,100 l,7i* 4.064
Wilkes & Wy. Val... May
194.745
2u4,840
47,469 42,421
1
23,065
331
1898-99.
,ai
8,89<s
28,388
335
Transp. and mlscel.. 10,72S848
1,3^8.980
x 3(2168 .•.*•>..>>•••«*>
Expenses of opera19.562,262
tion
Income from traffic. 8,552,428
69-58
P.c. of exp. to earns.
29 7B9
896 668
4.4 -.9
29.903
27,317,820
Maint. of equipment
9<8
209.431
626
575
28,114,690
Operating expenses
Malnt. of way, Ac.
31.776
35,011
232409
703
575
cars
traffic
48,477
1
763
651
Gross receipts from
36.i'ld
•
763
653
Operations—
38 635
53 t 76
18 113
58 223
8.^8
1895-96.
3,127
1896-97.
3,130
No. of naas carried. 14,401,234 13,772,221 12,827,201
No.ofpass.car.lm..268,5>i9,994 26.i.336,6P3 212,9'^5.073
1-9 8 cts.
1979 cts.
Rate per pass, p mile 2-014 cts.
9,949,367
Frei'lit(ion8)moved) 13.517,161 12.694.058
"
" one mile. 279^941184 2722540585 2258 '88132
0-695 cts.
0-671 cts.
Rate per ton p. mile. 0688 cts.
FISCAL BESULTS.
1898-99.
1897-98.
1896-97.
Pteeipts—
$
5,409,S38
4.214,461
5,103,812
Passenger
19,-251,344 18.91-<,729 15,162,019
Freli^ht
3,453,808
3.295,279
2,734.458
Mail, exp. & mlscel.
530'.2"4"8
8,0J1
8 665
8,9 ^6
Work
31,170
59,445
22 415
39 716
557.632 524,7^5
150,263 134,407
154 048 143,9-17
4,673
4,901
FrMght cars
91,417
34,551
9.143
3.640
BquiprneiU—
Locomotives
Passenger cars
1.-1,835
830.911
413 7
July
June
Ol'EBATIONS.
1898-99.
1897-98.
3,808
3,679
Miles oper. June 30.
37,984
369,18 >
I8,7!l9
July
JiUy
July
Comparative statistics of the operations and the income
account have been compiled for the Chronicle below, the
statement including the Iowa lines, and also, since Oct. 1,
1895, the St. L. A. & T. H. line.
90.5 3
164.C0
April
June
Soranton Railway
Staten Island Eleo..
Syracuse Rati. Tr. Ry
Toledo Traction
Toronto Ky
Twin City Rap. Tran
49 5-9
9. 878
March
Herkimer Rlohawk li
Ion & Pkfort El. Ry July..
Honeton Elec. St. Ry July..
Lorain & Cleve
Los Angeles Tract...
Mass. Elec Co.'s
Milw. Eleo Ry. & Lt.
Montreal Street Ky.
30,551
4.778
21.801
9,822
July
Interstate Consol. ol
Nortb Attleboro...
Kingston City Ry
Lehlgb Traction
Lima Railway (Ohio)
London St. Ry.(Can.)
3^.2 4
259.12^
240,75^: 1,392,424 ,467,371
942,87' 6,88^,255 6,3-4,^76
Istwk July 36.992
9,065
IstwkJuly
Detroit Eleo. Ry
Detroit ""t. Wayne A
Belle Isle
Dulut.b 8t Ry ....
Erie Electric Motor..
Galveston City Ry...
Harrlsburg Traction
299 142
138,369 1.404.63
2.847
June
June ....
August
exhibits.
338453
563,74<» 4,088,068 ^P89,255
561,506
171.677
202.704
9d5,887
12,633
68,704
Brooklyn Elev.t.... August
Nassau Electric
August
Total
August
Val.
Miami
&
Cln.
May
6-9
* The surplus dividend fund,
dividends, was $1,005,627.
June
3,553
30, 1899, applicable to future
OENEBAL BALANCE SHEET JUNE
1899.
30.
1898.
1897.
$
146,264,236 145,044,506 118,469,629
*
Real estate
*
324,444
Material and supplies
1,714,074
1,863.406
1,710,170
Stocks owned
6,119,:-*77
,
6,109,337
6,074,050
Bonds owned
34,615,230 39,114,468 42,355,637
Netassets
1,006,756
1,561,856
Advances account construction.. 2,052,090
Clies. O. & So. West, reorg
706.043
1,0P2,294
40-',527
Assets in insurance fund
1,000,000
Assets in surplus dividend fund..
1,005,627
961,665
924,462
Road and equipment
Total
Liabilities
194,184,086 194,103,422 172.211,374
—
52,50"), 000 52,500.0''0 32,500,000
Capital stock outstanding
Leased line stock 111 Cen. RR. Co. 10.000,000 1 0.000,000 10,000.000
Funded debt 111. Cen. RR. ('0....H 7,262,925 101,047.925 87,919, -25
Funded debtC.St.L.&N.O.RR.Co. 16,231,000 16,234.000 16,234,000
Fund for automaic brakes, etc
396.000
Louisville Oivislon fund
1,728,280
2,64 7.057
Net liabilities
2,193 315
1,312,.=S00
Dividends payable
1,500,000
1,312,500
Profltand loss
2,860,960
2,810,960
2,760,960
Betterments fund
Insurance fund
Surplus dividend fund
Total
1,092.294
1,000,000
1,005,6'27
961,bt)5
150,000
409,527
924,462
194,184,086 194,103,422 172,211,374
'Included In "assets."—V. 69, p. 441.
ETansYille
&
Terre Haute RR.
( Statement for the year ending June 30, 1899.)
The report, which will be published at greater length
another week, furnishes the following comparison
Tear ending June "id—
1897.
1899.
1898.
1-7
167
Total miles operated
167
:
Gross earnings
Net earnings
Other income
Total net income
Interest on debt
Taxes and miscellaueous
Evans. & Ind. deficit
Dividends on pref
$1,259,435
56^,356
49,264
$1,218,131
$1,0(13,430
48 ',443
32 309
447,622
17,191
$61 1,620
$515,752
$337,950
$464,813
$332,950
$337,950
69,271
53,321
51,333
65,148
61,318
.-^2,624
106.424
25,680
3:<2
332
Page
Brooklyn Raoid Transit
439, 450
Metrop. St. Ry. (Kan. City, Mo.).
5*0
$51,3^6
$99,745
to dividends declared this week, see item
Balance, surplus
As
quent page.— V.
68, p. 882.
def.
$52,865
on a subse-
THE CHRONICLK
690
New York
Ontario & Western Railway.
Report
the
year endmg June 30, 1899, J
for
f
The remarks of Mr. Thomas P. Fowler, President, will be
found in f>.ll on pa^es 603 and 6 4.
The traflSc and earnings statistics, etc., have been compiled
for the
Chronicle
as follows:
1896-97.
1895-96.
480
480
480
477
1,064,441
Earnings —
Passenger
808,811
872,632
$
638,6.=S9
$
654,067
t)3,68l
3,090,280
122,774
£9,902
3.075,505
121,659
58,5bO
2,960.595
122.906
41,767
4,346,164
3,914,635
3,894,403
3,779,335
CommcT. transpor'n
1,677,704
1,531,201
1,518,339
Maint'nceof eq lip..
Main.of way. etc ..
General expenses...
513, •'^78
1,544,816
469,754
553,489
120,718
112,865
2,801,642
1,112,993
71-57
2,780.497
1,113,906
71-40
$
Freight
Mail, exp.r'nts, etc.
Miscellaueous
Total
Operating expenses
,...
3,
—
709,266
62,138
111,079
51 1 532
133,047
134,249
Total
2,970,110
Net earnings
1.3 6,0.i4
P. c. exp. to earn'ngs.
68-42
120924
4^6,916
479,193
121,460
124,637
112,6
457,718
5.6,<»17
2,698,558
1,080.777
7140
INCOME ACCOUNT.
189ii-99.
$
Beceiple—
Net earnings
1897-98.
1896-97.
$
$
1895-96.
1,113,906
82,800
1,080,777
81,465
1,543,973
1,199,739
1,196,706
1,162,242
615,000
Rentals
625.207
4o,319
186,081
609,055
4.478
193,263
605,000
371
181,30i
Total
Balance, surplus....
8.=>7,607
797,278
686,366
402,4 61
796.796
399,910
786,673
375,569
—
Interest and diso'nt.
182,278
GENERAL BALANCE SHEET JUNE
Assets—
and property
Investments in other companies
Cash at bankers
Stores, fu. 1, He, on hand
Sundr accounts due company
Traffic accounts due company
Loans and bills receivable
Accrued interest
Franohi.sea
Mlscellaneims
Cars under lease (car trusts)
30.
1899.
1898.
$
$
1897.
$
70,872,017 70,108.773 69,886.996
7,406,567 3,450,300 3,2^0.300
17u,'.;72
103,5 3
155,841
230,111
219,210
164,915
2-2,261
76", 262
957,477
502.X94
525.407
416.648
84- ,485 1,03 ,167
869,747
8,810
96,333
25,335
5.000 I
5,000
17,500
101,703
80,841,575 75,648,919 75,991,359
Total assets
Ltabiliiies
in stock
Comm
58,113,983 58,113,983 58,113,983
5,000
5,' 00
5,000
5,600,000 5,600,000
p. c. bonds
Reiunding4p. c. bonds
15,437,000 8,375,000 8.375,000
213,247
154,513
Interest due Hnd accrued.
152,105
2*^9,603
3f7.7.=i6
402,925
Sundry accounts due by company...
77,1>'3
Traffic accounts dut^ by company....
117,576
75,955
137,448
124,954
127,238
Wages tor month of June
LoHUS and bills payable
3,150.000
300,000
250,000
54,206
Whar. Val. R'y fonstructlon fund
fund
147,327
Hancock & Pa. RR. coust'n
101,704
Bal. under car trust agreements
17,500
3,264,396 2,611,173 2,681,087
Profit and loss
Preferred stock
Consol. Ist mort. 5
.80,841,575 75,648,919 75,991,359
Total liabilities
69, p. 441.
—V.
Cleveland Cincinnati Chicago & St. Louis Railway.
C Report for the year ending June 30, 1S99.J
The report of the President, Mr. M. E. Ingalls, is published
on pages 600 to 603. together with the balance sheets of June
30, 1898 and 1899, the income account, detailed statements of
earnings and expenses, etc., etc.
The statistics for four years compiled in the usual form
for the Chronicle are given below:
OPERATIONS AND FISCAL RESULTS.
Miles oper. June 30.
Equipment —
1896 97.
1898-99.
1,838
1897-98.
1,838
457
381
467
380
45'»
367
459
368
13,479
13,311
12,453
13,105
.....
Freight curs
1,838
1895-96.
1,S38
Operations—
Passengers carried.
5,093,978
4,937.250
5,360,457
5,578,041
Pass, carried 1 mile. 230,596 748 200,998,657 186,657,170 204,940,898
1-915 ct--.
1-969 cts.
1 964 cts.
Rate per pass per m. 1-8 4 1 cts.
Freight, tons car'd. 10,043,121
9,6<0,159
8,22:^,a47
8,598,881
Fr'gt, tons, car. 1 m. *1,70 4,824 *l,696,22l
*1,343,4S4 *1.3=v8,155
0-545 cts.
541 cts.
614 cts.
0-631 cts.
Rate per ton per m..
Earnings —
$
$
$
$
PasseuKer
4,2.5,036
3,850,126
3, 66.";, 193
4,035,326
8,57n,700
9,22tt,534
Freight
9,237.507
8,254,873
930,657
Mall and express...
932,887
912,449
847,982
314,905
30 ,803
252,-319
Rent, &o
284,596
.
Total
Expenses
—
Maintenance of way
Malnt'ce of equip. .
Conduct, transport.
Traffic expenses ...
General expenses..
Insurance
Car service
Taxes
14,719,362
14,320,094
13,117,111
13,712.327
1,815,5.'55
1,907.949
2,114,<95
5,124,708
1,705,607
1,562,620
4,897,0^1
463,774
269,209
48.838
1,789.157
1,708,688
5,078 076
l,97fi,858
5,045,842
503.273
3 7,906
3t,380
372,«39
579,103
1
10,615.556
4,073,807
P.o.ofop ex.toe'gs.
72-32
'Xhree ciphers (000) omitted.
Total
Net earnings
4,097,399
3,386,915
3,252.446
3,418,624
2,672.544
201,166
2,708,691
196,^33
2,639, "63
500,000
375,000
2,687,049
19n,h77
375,000
$
3,418,624
......
(5 p. c.)
(334 p.
c.)
495,974
278,281
44,492
404,751
598,118
10,96f»,367
3,351,726
76-59
'i!
04 647
.'00,000
(3^pc.)
(5 p. c.)
4(j,214
Total
337,900
579,666
473,404
268,479
51,601
342,189
582,109
9,864,665
3,252 446
75-20
10.293,703
3,418,624
75-19
3,373,710
3,280.024
8ur.723,689 8ur.l06,891
Balance
— V.
3,299,140
def.46,694
3,344,510
8ur.74,114
69, p. 280.
Long: Island RR.
CStatement for the year ending June 30, 1899. J
The report, which will be published at length another
week, affords the following comparison:
rca»-CHdi»flr JmmcSO— 1899.
1898.
Gross earnings
$4,62.',475 $4,333 194
Operating expenses.. 3,311,370
2,989,373
Netearnings
Total net income
Interest on bonds
Taxes
1?97.
$3,9.=14,
1S96.
66 $3,962,799
2,737,200
2,541,636
$1,311,105
$1,343,821 $1,217,666 $1,421,163
$1,47.^,103 $1,473,690 $1,332,^10 $1,.'S76,817
624,096
638,629
658,662
658,411
202,957
205,865
210,794
2*0,973
Rentals
32-./.800
312,800
310,466
271.160
Interest and discount.
5«',384
73,177
72,521
16,389
Dividends
(2)240,000 (4)480,000
Balance
8ux.$250,073 8r.$243,875 def. $137,795 def. $50,1 16
69, p. 333.
$
1,112,993
86,746
Disbursements
Interest on bonds...
189.5-96.
3,351,721
35,189
Div. on pref. stock..
Rate of dividend....
-V.
1,376.054
167,919
Interest, etc
1896-97.
$
3,25^,446
$
4,073,007
23,592
849,583
$
641,679
Locomotives
Passenger oars
Total
1897-98.
$
Miscellaneous
«
Total
Otherlncome
Rentals
1897-98.
Pass, carried 1 mile. 40,561,4 6 32,007,t44 30,827,936 31,366.468
2-1 05 cts.
2-084 cts.
1-748 cts.
2-072 Ota
Ratpp'-rpafsp.iiiile.
Freig'it car'd (tons)
2,492,056
2 524,622
2,935.416
2.479,292
Freight (tons) 1 m. 44(»,41.\877 354,127.528 353,100.732 356,414,0
0-831 cts.
0-873 cts.
0-871 cts.
Kate per t' p. mile. 0-786 cts.
Taxes
Receipts—
Net earnings
Disbursements-
1898-99.
—
INCOME ACCOUNT.
1898-99.
Interest
OPERATIONS AND FISCAL RESULTS.
Miles operated
Operations
Pass, carried No
LXIX
[Vol.
GENERAL INVESTMENT NEWS.
At the request
many
suDscribers
we change
the arHereafter it will
be divided into two classes or departments.
Under
" Railroads, including Street Roads" we group everything
relating to the railroads, whether steam roads, street railways or traction companies. Under "Industrial, Gas and
Miscellaneous" we give the news regarding all other comof
rangement of oar Investment News.
panies of whatever
kind— gas,
electric light, industrial
and
miscellaneous.
RAILROADS. INCLUDING STREET ROADS.
Altooua (Pa.) & Logan Valley Electric Ry.— Altoona
—Turner A. Beall, President of the Produce Exchange Trust Co., who represents a
New York and Philadelphia syndicate, has contracted for
the purchase of control of these properties, of which John
Lloyd has been President. A meeting will be held next
week to decide upon plans for conducting the enterprises.
Gras QiQ,— Purchased by Syndicate.
—
Atlanta & West Point Ry.— Dividend of 35 per Cent. At
the annual meeting on Sept. 12 a di^idead of 25 per cent
was declared from accumulated surplus earnings, payable
Oct.
1.— V.
65, p. 1172.
Baltimore & Ohio UB,.— Stock Listed.—The New York
Stock Exchange has listed $24,227,000 additional preferred
stock voting trust certificates and $7,500,000 additional common stock voting trust certificates, making total amounts
listed to date |59, 227.000 preferred and $42,500,000 common.
The total authorized issue of common is §45,000,000 and of
preferred stock $60,000,000, leaving only §2 500,0i)0 o*^ the
former and §773,000 of the latter yet unissued. This $773,000
of preferred is all that remains of $12 142,290 originally resecurities
served for use in partial exchange tor $52,405
of the Baltimore & Ohio Southwestern (including Oaio &
Mississippi) and the Central Ohio and other leased lines covered by the plans of June 22 and Sept. 28, 1898. In other
words, more than 98 per cent of the preferred stock held to
effect such exchanges has been applied thereto, proving that
a relatively small amount of underlying securities remains
outstanding.— V. 69, p. 491.
Baltimore Cliesapeake
RR.— Terms
&
—An
Atlantic
Ry.— Pennsylvania
of the Pennsylvania
writes that his company has bought $540,000 of first mortgage bonds and a majority of the capital stock of the B. C.
A. The property will be operated substantially as heretofore, and no present changes in officers or directors are contemplated. "Railroad Gazette." V. 69, p. 541.
of Control.
officer
&
—
—
(Ala.) Railway & Electric To.— Highland
& Belt KR.— Birmiugham Belt RU.— PurchaseBonds —The Highland Avenue & Belt RR., recently fore-
Birmingham
AY»*nue
closed, on Sept. 8 was divided, the steam-dummy passenger
line, 7 miles in length, going to the Birmingham Traction
Co. and the belt freight liae to a new company known as the
Birmingham Belt RR. Co., with J. B Cobbs, Cashier of
Savings Co., as President. SubseBirmingham Trust
Electric Co. acquired
quently the Birmingham Railway
Halls, Jr., Cashier of the Hanover Nationa IBank
from
of N. Y., the entire capital stock ($50,000) of the Birmingham Traction Co., thus bringing under one control all of the
The Traction
street railways in Birmingham and vicini'y.
Company has made a mortgage for $500,000 to the City Trust
Co. of New York, as Trustee, to secure first mortgage 5 per
cent gold bonds, dated Aug. 1. 1899, due in 1919, interest
February and August. The Traction Company's lines are
to be changed to electric. The officers of the Birmingham
&
Wm.
&
September
THE CHRONICLE.
16, 1899.]
Tuesday by the Philadelphia Reorganization Committee
"At a meeting held in Amsterdam out of repre-
Railway & Electric Co. are: A. M. Shook, President;
Robert Jemi^on. Vice-President, and J. B. McClary, General
says:
Manager.— V. 69, p. 333, 541.
Boston Terminal Co.— Southern Union Depot in Boston
Used by All the Companies.— Oa Sept. 11, for the first time,
the trains of all the lessee companies formerly using different depots in the southern section of Boston were concentrated in this company's terminals.— V. 69, p. 129.
Canadian Paciflc Ry.- Intercolonial Rj.—Tolk of Express Service Across the Atl mftc. -Sir William Van Horre,
Chairman of the Board of Directors of the Canadian Pacific
Railway Co., is quoted as saying that his company is anxii us
to establish a fast Atlantic steamship service between Canada
and Liverpool, and for that purpose desires a subsidy from
the Dominion Government and possession of the Intercolonial Railway. He says:
Before this fast service can be established, the Canadian Pacific must
have such control over the railway between St. John and Halirax that
Inter-Colonial
we can (juarantee nodnlays. If hecouipauy owned the
there would be no delay whatever. The whole line from London to
Yokohama, Hongkong and Australia would be under one mamgement. The Governmt-nt Railway accounts are so prepared that the
people do not appreciate the large amounts continually spent on
If the Government would lease the line to the
the Inter-Colonlal.
Canadian Paoiflc f.r a long period of time, the latter would guarantee that ihe Inler-Colonial would cost the people of Canada nothing in the future; that the maximum rates would never be high r than
the present rates and th:it the Govermeut should have power to regulate them. If the Canadian Pacific had the Intercolonial It would
undert.ike to establish a last Atlantic servicefor a ^ubeidy of $790,000
that would be superior to anything yet seen upon the ocean. The loss
the
now sustained by the Government in equipping and operating 541
Inter-Colonlal is about as great as the subsidy required. -V. 69, p.
MR.— Instalment Called on Bonds.— The
per
cent) of the subscriptions to the *4 '.first instalment (25
000,000 or 3 per cent bonds has been called for payment O^t.
The entire issue was subscribed for at the rate of $650
10.
per $1,000 bond; this first call, as foreshadowed in the circular of last July, is for $10,OiiO,000 face value of the new
loan. See further particulars in circular.— V. 69, p. 178.
Chicago & Alton
Chicago Burlington & Quincy RR.— S^ocfc Ltsted.-The
Stock Exchange has listed $4,041,500 additional
New York
capital &tock, making the total amount listed $97,857,400.
The new stock, together with $16,166,000 Illinois Division 'd}4
per cent bonds, has been sold to stoct- holders, in accordance
with the circular of April 20, 1899, (V. 68, p. 77 1), to retire certain bonds and obligations and for improvements and equip-
ment.— V.
f^9l
69, p. 439.
sentation of $5,300,000 bonds, all but $265,000 voted in favor
of Philadelphia Committee plan, $265,000 voting in favor of
New York." On Friiiay the New York Committee received a
cable from Mr. H. Oyens, of Amsterdam, to the effect that
the Holland Committee are still considering both plans on
their merits.— V. 69, p. 491.
—
Long Island RR. Bonds Listed. Tne New York Stock
Exchauge has listed $5,685,000 unified mortgage 4 per cent
bonds, dated March 1, 1899, due March 1, 1949, and redeemable at 110 and accrued interest on anv interest day. For
particulars as to loan see V. 68, p. 618, 977.— V. 69, p. 333.
Lou'sville & Nashville RR.— Atlantic Coast Line To.
—
Georgia RR. Southern Railway.— O^cioi Statement.—
Several weeks ago we published an ofl&cially-confirmed statement as to the agreement by which a half-interest in the
lease of the Georgia RR. will pass to the Atlantic Coast
Lioe. August Belmont & Co. authorize the following:
The papers have not been delivered yet, but the negotiations have
been completed. The Atlantic Coast Line becomes a co-lessee of the
property on equal terms with the Louisville & Nashville, which has
for the past year been sole lessee. Originally the Central of Georgia
was a co-lessee with the Loul8\ille & Nashville, but forfeited its interest by failing to pay its part of the expense incurred. We then had a
riiiht to dispose of this half-interest in the Georgia RR. lease, and we
have done so to the Atlantic Coast Line. It is not true that the Coast
Line was acting for the Southern Railway In this transaction. The
Atlantic Coast Line is an indepennent railway sy«tem. The Southern
Railway does not own a dollar of its stock so far as is known. The
Southern Railway, the Xiouisville & Nashville and the Atlantic Coast
Line Co. are all indepnndent corporations, and they are in no way drawn
together by the terms of The lease of the Georgia RR. All reports to
the effect that these railroads have in any way acquired control, one
of the other, or have pooled traffic interests, are without the slightest
foundation.— V. 69, p. 641, 439, 491.
Marshalltown & Dakota
RR
Mortgage.— A mortgage
for $520,000 has been filed in Boone County, la., covering
this line, under construction from Eraser Junction, la., to
Gowrie, and from Story City to Fraser.
New York & Harlem RR.— Metropolitan Street Ry.—Sale
—
of Real Estate. Deeds have been filed conveying to the
Metropolii^an Street Railway Co. the car staole properties at
Fourth Ave. and 33nd St. and at Madison Ave. and 85th St.,
owned by the New York & Harlem RR, Title was taken
in the name of Oren Root, Jr., and revenue stamps to the
amount of $1,350 indicate a consideration of $1,350,000 for
the two properties. V. 69, p. 180. 542.
—
Chicago Milwaukee & St. Paul Uy.—Dividend Not In
creased.— No change was made this week in the dividend on
the common stock, the usual semi annual distribution of 2}^
per cent being declared on Thursday. In 1890 and 1891 no
dividends were paid on this stock, and from 1892 to 1896 the
annual late varied in two years being 2 per cent, in the
other three years 4 per cent. A director is quoted as follows
—
Oregon R.R. & Navigation Co. Ecchinge of Shares.
See Union Pacific item on page 592. V 69, p. 542.
Oregon Short Line R.R.— Exchange of Securities. See
Union Pacific item on page 593. V. 69, p. 492.
Pittsburg Cleveland & Toledo RR. Notice to Bondholt ers. — la view of the contemplated reorganization of the
The Pittsburg & Western Railway system, Simon Bor? & Co.
—
—
—
—
:
"
We are simply
following our policy of conservatism.
idea is to use the money to improve the road so that it may
be fully prepared for increased business. It is true, enough
has been earned to permit of an increased dividend, but we
think the future will justify and approve our action."— V/
69, p. 538, 544.
ask the holders of Pittsburg Cleveland & Toledo RR. first
mortgage 6 per cent gold bonds of 1922 to deposit their bonds
with the City Trust Co. of New York under a protective
agreement, copies of which may be obtained at the trust
company or at the office of the bankers. V. 67, p. 1111.
Railways Company General.— Ore Unlisted in Philadelphia.— The capital stock, $1,500,000, has been admitted to
dealings on the unlisted department of the Philadelphia
Stock Exchange.— V. 69, p. 492.
Riclimond Railway & Electric Co. First Inst'ylment
Paid. Tne first instalment of purchase money for the propertv has heen paid by the Boyd- Newton syndicate. (V. 69,
The remainder will be due about the end of the
p. 334 )
year. Tne new owners, it is said, will consolidate into a
single corpi^ration all the companies of which the system
consists.— V. 69, p. 334.
San Antonio & Gulf Rj.—Suit to Cancel Mortgage.— The
company began suit in Texas in the Thirty-seventh District Court Sept. 9 against the Farmers' Loan
Trust Co.,
as mortgage trustee, to secure the cancellation of
the
$1,000,000 mortgage of Aug. 1, 1894. Only a small portion, it
is claimed, of the bonds secured by the mortgage, was ever
—
Columbus & Northwestern Ry.— Detroit & Lima Northern
'Rj.—Sutt for Separate htceiver. The Ferguson Contracting
Co. on Sept. 8 applied to the United States Court at Toledo
for a separate receiver for the Columbus & Northwestern
Railway. This line extends from St. JoDns to Peoria, O., 41
miles, and has been operated in connection with the Detroit
& Lima Northern.— V. 66, p. 616; V. 67, p. 1207.
Columbus (0.) Central Ry.— SoM.— At the foreclosure
sale on 1 hursday the property was sold for $1,300,0"0 to W.
S. Rowe, a Cincinnati banker, representing the bondholders.
The property will now be transferred to the Columbus Railway Co.—V. 69, p. 283.
Dubuque (la.) Light & Traction Co.— Home Electric Co.
&
The Home Electric Co. has been
Siuicessor Company.
organized as successor of the Dubuque Light & Traction Co.
foreclosed. Capital stock, $100,000. President, D D. Myers;
Vice-President, John EUwanger; Secretary and Treasurer,
issued —V. 64, p. 708.
George W. Keisel; Manager, W. J. Brown.—V. 68, p. 1180.
Southern Indiana Railway Q,o.— $500,000 Bonds Offered.—
This
/ncorporafed.—
Erie Canal Electric Traction Co.—
company, with $5,000,00) of authorized capital stock, was The company's first mortgage is fur $1,500,000, securing
5 per cent gold bonds, of whicQ $500,000 are reserved for exincorporated at Dover, Del., on Sept. 13.
tensions and $1,000,000 are outstanding. They are all dated
EvanSTille & Terre Haute RR. -Dividend on Common June 1, 1898, and are due Jane 1, 1938, but are sunj-ct to call
Stock, Etc. A dividend of 2 per cent has been declared upon at 105 after June 1, 190S. Of the above bonds $500,i'00 have
the common stock, payable Oct. 19, 1899, to stockholders of already been sold and the remaining $i00,00 are offered by
record Sept. 26, 1899. A dividend of 5 per cent also has been the Equitable Trust Co. of Chicago at 106!^ and interest,
declared upon the preferred stock payable one-half Oct. netting the investor about i% per cent. See advertisement
16, 1899. and one half April 16, 1900, to stockholders of on another page of to-day's Chronicle and also in our Bankrecord Sept. 29, 1899. Dividends on the preferred at the rate ers' AND Trust Supplement.
of 4 per cent per annum were paid in the two years 1896-97
Earnings, etc. The road extends from Elaora to Westport,
and 1898-99, but none in 1897 9S; on the common nothing Ind.. 101 8 miles, and has been entirely reconstructed withsince 1893. The last annual statement is on page 589.
in the last eighteen months,
It is now being extended,
New Chairman.— John Hone has succeeded W. H. Tilford, via Linton, to Terre Haute. The extension, when comwho resigned as chairman of the board and as a director. pleted, will give the company 150 miles of main line, on
—V. 68, p. 282.
which the mortgage of 1898 will be a first lien, and will afJacksonville & Atlantic Ry.— Florida East toast Ry.— ford connection with one of the best coal fields in Indiana.
Reported Pure ase.—R. M. Flagler is reported to have pur- In addition to its own line the company runs its passenger
chased the Jacksonville & Atlantic Ry., Jacksonville, Fla.
trains over other roads from Elnora to Washingtoa, Indiana,
to Pablo Beach, 'i&]4 miles, for use as a branch of the Florida and from Westport to Greensburt^, Ind. it also operates
East Coast Ry.— V. 61, p. 470.
under a perpetual contract the Bedford Belt Railway, a road
Kansas City Pittsburg & Gulf RR.— Status of Plans reaching extensive stone quarries, near Bedford, and itself, it
in Holland. A cablegram received from Amsterdam on is said, a source of considerable income aside from the traffic
—
—
—
—
—
)
—
;
—
THE CHRONICLE.
592
secured. All the earnings of this line above the interest on
$350,000 5 per cent bonds of the Belt Railway belong to the
Southern Indiana. For the year ended June 30, 1899, the
Southern Indiana Ry. Co. reports net earnings of $131,817, out of which was paid— interest on bonds, $87 435;
interest on debt. $4,612; rental leased line, $17,500; taxes.
$13,814; other payments, $1,993, leaving surplus for the year
$47,461.— V. 67. p. 75.
[Vol. LXIX.
Closed.— The Continental Match Company's factory at
Passaic, N. J., having been acquired
Co., has been closed.— V. 69, p. 385.
by the Diamond Match
American Tin Plate Co.— New Independent Plant.— The
Alcania Company's tin-plate plant at AvoLmore, Pa., has
been put in operation. The plant comprises two tin mills,
one bar mill, three cold mills and has a capacity of 9,000
boxes per month. No enlargement of the plant is contemUnion Pacific RR.— Oregon RR. & Navigation Co.— plated at present. W. H. R. Hilliard is President of the AlOregon Short Line KR.Co.— Exchange< f Stock.— TheVaion cania Co., with office in Murtland Building, Pittsburg. The
Pacific RR. Co. announces that an arrangement has been price for a 100-pound box of coke tin plate has
advanced
made for the exchange of shares of its increased preferred Pitts'^urg from $2 65 to §4 65. At the same time the cost at
of
and common stock for shares of the preferred and common material, etc., has advanced largely.— V. 68. p. 533.
stock, respectively, of the Oregon RR. & Navigation Co.
Austin (Tex.) Gas Co.— Chartered.— Thin company was
The basis of exchange in each instance is share for share for chartered at Austin
Sept. 9; capital stock $150,000. Incorporastock of the same class, with a payment in the case of tors:
Robert G. West, Thomas B. Cochran, Q G. Kobbe,
adjust
and
equalization
Oregon preferred of $1 per share in
A. Hturtley, H. Lear, George A. Fletcher and H. H Pigott'.
ment of dividends. Holders desiring to avail of thi- offer
Caiuegie Steel Co.— Aurora Iron Mining Co. of Michiwith
the
must, on or before Oct. 7, 1899, deposit their shares
Mercantile Trust Co., 120 Broadway, New York City, or gan.— P'-trc/mse o/Co«iro/.— Henry W. Oliver, representing,
with the Old Colony Trust Co., Ames Building, Boston, it is assumed, the Oliver Mining Co., has acquired options
on more than 87 per cent of the $3,500,000 stock of the Aurora
Mass.
Exchange of Short Line Bonds. —The Union Pacific RR Iron Mining Co.. at $7 per $25 share, equal to $700,000 for the
Co., desiring to acquire a majority of the collateral trust entire issue. The Oliver Mining Co. is controlled by the
non-cumulative series A 5 per cent income bonds of the Carnegie Steel Co.— V. 69, p. 512.
Chicago Suburban Water & Electric Light Co.— Bonds
Oregon Short Line RR. Co., offers for a limited period to exchange the same for its own first mortgage 4 per cent gold Sold.— The company has sold to Mason & Lewis of Chicago
bonds, bond for bond, interest to be adjusted as accrued to $550,000 5 per cent first mortgage gold bonds, datfd Aug. 1,
Sept. 1, 1899. Holders desiring to avail of this offer will 1899, due Aug. 1, 1949, butsubject to call Aug. 1, 1909, or at
promptly tender their bonds for exchange, either to the Old any time thereafter, at 102i^ and interest. Failing to exercise
Colony Trust Co Boston, or Union Pacific RR. Co., 130 this option, the company promises to pay $30,000 annually,
commencing Aug. 1, 1909, until all are paid; bonds called
Broadway, New York.
Holders of collateral trust non-cumulative income B bonds for payment to be selected by lot by the trustee. Denominaof Oregon Short Line RR. Co. are notified that the Union tion $1,C00. Interest payable semi-annually on Feb. 1 and
Pacific RR. Co. has arranged for the exchange of said in- Aug. 1 at the office of the International Trust Co., the mortcome B bonds fur preferred stock of Union Pacific RR., gage trustee, Boston, Mass., or at the Illinois Trust & Savdollar for dollar. Holders desiring to make the exchange ings Bank, Chicago, 111. The loan is limited to $^00,000.
must deposit their bonds with the Mercantile Trust Co., 120
Colorado Fuel & Iron Co.— Circular Regarding New
Broadway. New York, or with the Old Colony Trust Co., Stock.— A circular explains the proposition to increase the
Ames Building, Boston. Mass., on or before Oct. 7, 1899. capital stock from $13,000,000 to $25,< 00,000 through the
The bonds must bear all coupons subsequent to the coupon creation of $13,000,000 new common stock, in addition to the
of Oct. 1, 1899, which may be detached and retained by the $11,000,000 already outstanding. The new stock is to be
sold
holder for collection at maturity.
only from time to time as the proposed improvements can
For further particulars see Chronicle of Sept. 2, page 492. be made, probably $6,000,000 to be issued the current year.
—V. 69, p. 493, 542.
Proposals have been received to purchase the stock as funds
Wheeling & Lake Erie RR.-Cleveland Belt & Terminal are required "at a price considerably above the present
RR. Purchase Completed. The purchase of the Cleveland market rate." (This price on Sept. 5, the date of the circuBelt & Tt-rminal RR. by the Wheeling & Lake Erie RR. was lar, ranged from 51 to 56%).
The circular points out that the nearest competing plant
consummated on Sept. 11.—V. 69, p. 386, 283, 233.
is at Chicago. 1,000 miles distant.
The company has, therefore, a distinct advantage of position with reference to a
large area, but to reap the full benefits of this advantage it is
INDUSTRIAL. GAS AND MISCELLANEOUS.
necessary to reduce the cost of production and largely to inAmerican Agricnltural Chemical Q,q.— First Dividend.
crease the output. The company claims to coitrol a practiThe company has declared the first dividend on its preferred cally unlimited supply of all the raw materials used in mak3 per cent for the half-year, payable Oct. 1.
stock, viz
ing iron and steel, but its maximum output of finished proV. 69, p. 138.
ducts at present is only 150,000 tons per annum. It is proAmerican Ginning Qo.Status. The shares of this com- posed to increase this to 550,000 tons annually. The twelvepany (incorporated May 34) have appeared " on the curb," but million-dollar increase in capital stock is to be apportioned
as follows: Fuel department, ^3,000,000; iron department,
only meagre information is obtainable regarding the enter
The company's office is at 133 East Twenty-third .$5,000,000; auxiliary plants, $2,000,000; working capital,
prise.
Street, N. Y., and the plan, it is said, is "to exploit a new $2.0i)'i,(00.
With a continuance of the present demand and prices for
patented process for the ginning of cotton, which is claimed
to cut the fibre of the cotton less than the present method, iron and steel throughout the current year, it is estimated
thus effecting the saving of one-quarter of a cent a pound." the profits for this year will reach $2,370,000,contrasting with
The company is not yet in operation. The authorized capital i:>l,100,000 for year ending June 3), 1899. This estimate is
stock is $5,000,000: par value of shares, $100. President, based on an expected increase in fuel department earnings of
Howard Sinn; Vice-President, Thos. W. Prior; Secretary, $150,0n0 and in iron department earnings of $1,120,000. Net
Messrs. Sinn and Prior are connected with earnings of $3,370,000, if realized, would provide as follows:
J. R. Bennett.
Bond charges and taxes. $440,000; preferred stock diviiiend. $2,000,"
Gin Co.—V. 68, p. 1033.
Prior
Cotton
the
coo at 8 per cent, $160,000; constructive sinking funds, $3 O.OOO!
American Linseed Co. National Linseed Oil Co. Ex- dividend on $l7.0i'0.000 common stock at 8 per ^cent, $1.360,000;
change Goirection. The Central Trust Co. expects to begin total, $<!,260,000; balance, surplus, $110,000.
next week the distribution of the shares of the AmerThere would be a surplus, therefore, for the year of §110,ican Linseed Co. in exchange for those of the National Lin- 000 after allowing for 8 per cent in dividends on $17,000,000
seed Oil Co. The exchange is on the basis of 8;':^ per cent of common stock. Additional facts will be found in the reeach of common and preferred stock of the new company for port published last week on page 540.
such shares of the old company as shall pay the assessment
Consolidated Electric Light Co. of Birmingham, Ala.—
of 3J^ per cent on their face value. In other words, a holder Increase
of Stock.— Ehe capital stock is to be increased from
of 100 shares ($10,000) of old stock paving $350 will receive
$500,000 to $550,000 to provide for extensions. Robert Jemi($S75)
and
of new common
8% shares ($S75) of new son is President.
8X shares
preferred. The item published in this coluoin last week,
Distilling Co. of America.— O^ces.— The company's ofthough revised to conform, as we supposed, with the official
data, confused the facts. After providing for all liabilities fices are in the Lords Court Building, at William St. and
,
—
—
.
—
—
by means
—
of
—
the assessment, there remain credit items, con-
Exchange Place.
Shares Ac(2uired.— The following amounts of the stock of
the constituent companies have been acquired:
American Spirits Manufacturing Co., 325,000 out of 350.000 shares,
or nearly 95 per c^^nt; Kentucky Distilleries & Warehouse Co., 275,000
out of 279,000 shares, or 97 per cent; Standard Distilling & Distributing Co., 235.000 out of 240,000 sliares, or 97 per cent, and Spirits
American Match Co.— Diamond Match Co.— Opposition Distributing Co., 57,000 out of 60,000 shares, or 95 per cent.
The engraved certificates of stock will be ready for deCompany.- The American Match Co. was incorporated recently in New Jersey with $1,000,000 authorized capital livery, it is thought, in about two weeks.— V. 69 p. 494.
stock, all common and in shares of $100 each. Col. WalElyton (Land) Company of Birminghama, AU.—Forelace A. Downs, one of those interested, says
elosure.—At Birmingham, Ala., on Sept. 11, Chancellor CarWe do not propose to manufacture a eln^rle match, but we do pro- michael ordered the foreclosure of the $2,500,000 mortgage,
pose to make a match-making machine, patented in twelve countries, Maryland Trust Co., trustee. The reorganization plan was in
which Is Koinsr to be put out on royalty. The machine costs rai her the Chronicle of
June 17, page 1180.— V. 69, p. 558.
less than *.'S00 and can tnru out 1,000 >?ro88 of matches a day. The
otBce is at 95 Liberty St., New York City.
Federal Steel Co.— Injunction Modified.— Dividend on
No bonds will be issued. The stock has about all been Preferred Declared.— Judge Thomas in the United States
Circuit Court on Monday signed an order modifying the intaken. The factory will probably be at Bound Brook.
sisting of cash and accounts receivable ("considered good")
$45,915, and mill accounts receivable ("uncertain ") $86,013
The proceeds of these items, the official circular states, will
be paid, when collected, to the stockholders of the National
Linseed Oil Co., in dividends. V. 69, p. 543.
—
:
September
16.
THE CHRONICLE
1899. J
junction of July 20 so as to permit the payment of dividends
on the preferred 8t<ick. The directors, accordia^ly, OQ|Toe8day declared a quarterly dividend of 13^ per cent on thar
stock, payable immediately. President Gary also authorized
the statement that the remaining dividends for the year, two
in all, on the preferred stock would be paid within the year.
V. 69, p. 336.
Great Lakes Towing Co.— New Acquisitions.— The comit ip urdenstood, has obtained control of the Danh>im
Towing & Wrecking Co. and the Great Lakes Towing Co.
and also of the boats of the Hausler & Lutz Towing Co. of
South Chicago.— V. 69, p. 553.
International Paper Co.— iVb Divid''n'i on Common.—
On Tuesday the regular quarterly dividend of \% per cent
on the preferred stock was declared but the dividend on the
common stock was passed. A director says: "We are realizing greater profits than ever before in our history, but we
pany,
felt
that the
money earned could
ments and the
like,
better be used for improveand hence our action," V. 69, p. 494.
—
5«3
Indiana Tumbler & Goblet Co., Greentown. Ind.; Model Flint
Glass Co Albany, Ind.; West Virginia Glass Manufacturing Co.,
Miirtins Ferry, C: Sent-ca Glass Co., Morgantowu, W. Va.; Cumberland (ilass Co., Cumberland. Md.; Greensburg GlaSHd).. Greensburg,
Pa.; Riverside Glass Co., Wellsburg, W. Va.; Robinson Glass Co.,
Znnesville, 0.; Royal Glass Co., Marietta, O., and Central Glass Co.,
Irid.;
,
Bumuiittville, Ind.
Several other properties are expected to be acquired later.
present, it is said, the consolid^ited company possesses an
aggregate capacity of 568 pots. President H. C. Fry says
"The new company takes in every 'money-maker' in the tableware
trade in the country and the ti^e largest factories outside of the United
States Glass Co. There is not a bit of dead timber i clu ted; every
pot that is being taken in is in operation. Th- co nhined sales of the
the stock Is
plants merged for the past year aegregate $5 000 000.
worth 100 cents on the dollar; there is not a bit of water in it."
The directors elected are as follows:
H. O. Fry, Rochester, Pa. (President); C. J. Bocklus, Marion, Ind.
(Vice-President); John M. Jamison, Greensburg, Pa. (SecretaryTreasurer); D. C Jenkins, Greentown, lud.; W. J. Alford, Summlttvi le Ind.; Addison Thompson, Marietta, C; A. Strausbergpr, Albany, Ind.; L. C. Fletcher, Cumberland, Md., and A. Hart McKee, of
At
:
Pittsburg.
The headquarters will be in Pittsburg.— V. 69, p. 131.
Iron & Steel Foundry Supply Co.— Incorporated.—Th.\&
company was incorporated at Trenton, N. J., on Thursday
National Tnbe Co.— First Dividend.— The company has de
to furnish mouloing sand to foundries, asphalt sand for ce- clared the first quarterly dividend of 1% per cent on its prement paving, fir- -clay, etc. The company owns and leases ferred stock, payable October 2 at the office, 20 Cortlandt
655 acres of land, ot which 435 acres in Burlington Co., N. St., N. Y. City.— V. 69, p. 285.
The Pr»-8ident is Col. Thos. S. Moflatt; Treasurer,
J.
Paterson (N. J.) Brewing & Malting Co.— Mortgage.—
Charles H. Newell, Secretary, M. S. Moore. Office, Pier 41. This company, owning all the breweries in P-iterson, has
North Wnarves, Philadelphia. The capital stock consists of made a mortgage for $3,000,000 to the Paterson Safe Deposit
1750,000 common, "full paid and non-assessable," and $750,- & Trust Co. as trnstee. A portion of the loan will be used
000 five per cent cumulative preferred, both in $25 sbares
to retire the s"700,00 bonds issued by the Coosoliiated BrewThe company offered for suoscription at par at the Union ing Co. and $735, OuO, it is said, will be held in the treasury.
)
Trust Co., Philadelphia, $250,000 preferred, with a bonus of —V. 69, p. 81.
50 per cent in common.
Pittsburg Coal Co. Incorporafed.— The company has been
Jones & Langhlin. New Furnace in Blast. A press de- incorporated in New Jersey. V. 69, p. 442.
spatch from Pif ist urg on Thursday said: "One of the large
Pottstowu (Pa.) Iron Co. Preferred Stock.— A circular
new furnact-s of Laughlin & Co., the furnace department of
been ist-ued to stockholders proposing to laise $1,000,000
Jones & Laughlm was put in blast to-day. The furnace has
subscription
for the purpose of reconstructing the steel
by
has a capacity of 600 tons of Bessemer pig iron per day, and
plant and also the anvil blast furnace. The assent of stockLaughlio
in
the
country."
greatest
The
Jones
&
the
is one ot
holders must be given by October 1, and the issue of new
Co., Limited, was chartered in Pennsylvania inSepiember,
preferred stock subscribed for by Feoruary 1.
cumulative
Its
in
1898
being
full
paid.
$3,500,000,
1883, its capital stock
Pottsville (Pa.) Iron & Steel.— rmn.*/er o/ Property.—
plant is one of the most important in Pennsylvania.
Sept. 14 the property was transferred to
On
P. Brown of
W
Enterprise.
Channel
Progress
harf
&
Co.
Porte
La
of
bid
the
Pniladelphia,
who
in
same
at
public
last July
sale
This company, incorpoiattd under the laws of Texas, it is
for a sum stated to be $27,800, subject to a mortgage of
facilities
making
good
progress
with
its
wharf
reported, is
$i80,0nodue Mrs. Hanson Atkins. Mr. Brown represents Philat La Porte, and expects to have them ready for handling
adelphia capitalists who, it is understood, recently acquired a
cotton and other commodities before the enl of the year
La Porte is distant only about 19 miles from Houston, the block of the second mortgage bonds at 20 cents on the dollar.
commercial centre of Texas, and therefore, it is claimed, The intention is to put the plant in operation as soon as possible.— V. 69, p. 284.
is the natural place of shipment for the large district tiibuPressed Steel Car— Earnings.— The company has declared
he fourteen railroads entering Houston
tary to that city.
are at present chiefly dependent on two lines running to Gal- the third quarterly dividend of 1% ppr cent on its preferred
veston, 53 miles distant, for their outlet to tidewater. The stock. It is payable Oct. 16. After pacing these three diviWharf & Channel Co. has an authorized issue of $1,000,00(1 dends the company will have a surplus for the nine months
capital stock, in shares of $100 each, and has recently sold ending Sept. 30 (part of September being estimated) of |1,$200,000 of 5 per cent bonds, interest February and August. 067,815. This result has been obtained in spite of strikes and
The company o^ns about 3,000 acres of land. Its President a famine in the steel market, not only preventing the comis Francis H. Wilson, of Brooklyn, and its Treasurer Peete pany from putting into operation the new car plant, but
from working its present plants to the fullest capacity. At
B. Clark.
Missouri & Kansas Telephone Co.— New Securities Au- the present time the company, it is stated, has orders on its
thorized.— The stockholders on Sept. 12 authirized the in- books amounting to about $12,000,000.— V. 69, p. 442.
Tidewater Anthracite Coal Co. of Pbila<1elphia. New
crease of the capital stock from $1,250,000 to $2,5u0,00i) and
the making of a mortgage for $1,250,000; also the obtaining Company.— ThiB company has been incorporated in West
Virginia: authorized capital stock $3,000,000. Incorporators:
of a new 100 year charter. V. 69, p. 285.
Monnt Vernon- Woodberry Co. Organized. Possession W. G. Knowles, H. Snider, W. A. Brown, I. Matlick, L.
having been taken of the constitueut properties (see V. 69, p. Levering, all of Philadelphia, Pa.
Union Ferry Co. of New York.— Extra Dividend.— The
129). the followin=r directors and officers have been elected:
Director*— Richard Cromwell, James Hooper, Thomas M. Turner, directors have declared, in addition to the regular dividend
Henry A Parr, David H. Carroll, 8. M. Lehman, G. K. Sheii<1an, F. F. of one-half per cent, an extra dividend of one per cent, pay-
—
—
—
H
—
—
—
—
Carpenter, Theodore Hooper, Michael Jenkins. Andrew D. .loaes, S.
Davles Wartteld, E. A. Brinckerhoff, J. Spencer Turner, Charles K.
Oliver and W. Kenuefty Cr<»mwell.
Officers -8. Davies Wartield, President of the Continental Trust Co.,
of Baltimore. Chairman of the Board; President, Rifhard Cromwell,
President of the Mount Vernon Company; Vice-Presidents, J. bpencer
Turner, Charles K. diver and W. Kennedy Cromwell; Executive Committee, Meesrc Richard Cromwell, Thomas M. Turner, Andrew D.
Jones. Michael Jenkins and Hei.ry A. Parr.— V. 69, p. 283.
Nashville tJas Light Co. Important Meeting. The shareholders will meet Oct. 25 " to consider what steps should be
taken for reorganization of the company, in view of the approaching expiration of its charter, and especially to pass
upon a proposition for the lease or purchase of its assets and
franchises which will be submitted to them."'— V. 68, p. 572.
—
able Oct.
2.
United Frnit Co.— In Possession.— A check for $9,000,000 in payment for certain of the component properties
went through the Boston Clearing House on August 31.
and the company is now in possession. A. W. Preston, formerly of the Boston Fruit Co. is President and General
Manager, with the Home office in Boston. In addition to
oanansis the company will import cocoanuts, limes, pimento,,
,
oranges, spices, etc.
was
A
statement regarding the enterprise
in V. 68, p. 979; see also p. 1134.
Unitel Starch Co.— This new company, organized under
laws ot New Jersey, with $2,500,000 of 6 p. ct. cumulative stock
and $3.5U0,000 of common stock, on Sept. 1 absorbed by conNational Cash Register Co.— S SO 9. 000 Preferred Stock solidation the following four concerns:
Oswego Starch
Offered.— Bar'mg, Magoun & Co. offer, at 112 and interest, Factory, operated by T. Kingsford & Son; American Glu$300,000 of this company's cumulative preferred stock, pre- cose Co. of Buffalo, Gilbert S. Graves; Argo Manufacferred as to dividends and assets. Various particulars are turing Co. of Nebraska City, Neb., Joy Morton & Co., and
given in the advertisement on another page, and further the Sioux City Starch Works, owned by Duryea & Co. The
details in V. 68, p. 977.
par value of shares is $100. No bonds will be issued, and no
National Electric Co.—Instalment Called.— The directors stock will be offered to the public. The officers are:
have called an instalment of $2 50 per share, payable on or
President, T. P Kingsford of Oswego; First Vice-President, Hiram
before Oct. 16, 1899, at the office of the company. No. 1114 Duryea of New York; Second Vice President, Carl Morton of Nebraska
Oswego, N. Y.
Real Estate Trust Company Building, Philadelphia, making City, and Secretary-Treasurer, J. D. Higgins of
saying
quoted
as
An
company
is
officer
of
the
$12 50 paid in, the par value of shares being $50.— V. 69, p. 442.
The concerns involved in the consolidation are the only interests
National Glass Co.— ra6?e Ware Consolidation. This com- outside
of the National Starch Co. We have simply Joined forces, and
of
00
capital
with
pany,
$4,000,<
stock, all of one class, has phall run our plants to their full capacity. With two factories in the
completed its organization and in October will take title to West and two in the East— the four being the largest in the world—
the property of the foll< wing concerns, deeds of which it is we shall be able to market our goods much cheaper than formerly.
The offi e is at No. 11 Broadway, N. Y. City.
stated ar<^ held by the- Union Trust Co. of Pittsburg:
MoKee Bro-., Jeannette. Pa.; Rochester Tumbler Co.. Rochester,
For other Inveatment News see Pag* 604.
Pa.; Crystal Glass Co., Bridgeport, O.; Canton Glass Co., MarloD,
:
THE CHRONICLE.
6P4
[vou lxk.
%tpoxts unA ^ocnmtnts.
ILLINOIS
CENTRAL RAILROAD COMPANY.
FORTY-NINTH REPORT OF THE DIRECTORS TO THE STOCKHOLDERS,
FOR THE YEAR ENDED JUNE 30, 1899.
The last Annual Report showed that the Company had in operation on June 30, 1898, 3,808 miles of railroad, and that
the lease of the Yazoo Branch, 140 miles, was on that day surrendered.
Exclusive of the 955 miles of railroad owned and operated by the Yazoo & Mississippi Valley Railroad Company,
the average number of miles of railroad operated by the Illinois Central Railroad Company during the year ended June
30, 1899, has been 3,671, a decrease of 104 miles, or 3-75 per cent, from the average number which had been operated
throughout the year preceding, which was 3,775.
The following is a summary of the Company's business for the year ended June 30, 1899:
$28,114,689 89
Gross Receipts from Traffic
$18,203,282 26
Expenses of Operation
I.SSh
19..'i62.261 90
979
64
Taxes
$0,552,427 99
Income from Tratflc. being the excess of Receipts over Expenses of Operation and Taxes
33,419 89
Net Receipts from Sale of Lands
2.547.6.'>8 28
Income from Investments, including those held in the Surplus Dividend Fund, and Miscellaneous Profits
$ll,i;i3,.'S0b 16
Excess of Income over Expenses of Operation and Taxes
9 .665 18
Surplus Dividend Fund brought forward June 30. 1898, as shown In last Report
$liJ,095,171 34
Available for Fixed Charges and Dividends
From this there have been paid:
$2,952,465 00
Interest on Funded Debt, and Bonds drawn under Sinking Fund
$2,361,873 70
Rent of tho Chicago St. Louis & Ne.w Orleans RR.
981.645 72
Net Rent of 'he Dubuque & Sioux City RR
506,020 00
3,849,539 42
Rentof theSt. Louis Division
6.802,004 42
Total Fixed Charges and Rent
$5,293.166 92
Leaving Available
'
This has been disposed of as follows:
Dividends payable March 1, 2^2 per cent on $52,500,000, and September 1, 1899, 2^ per cent on $60,000,000
Betterments, as more fully explained below
Carried forward to Surplus Dividend Fund as of June 30, 1899, and set apart as applicable to Future Dividends
$2,812,500 00
1,475,040 00
1,(
05 626 92
$5,^93.166 92
As compared with the preceding
year:
$796,870 22 or 292
840,225 15 or 4>4
66 566 45 or 5*15
1< 9,921 38 or
l-v:7
25,8«5 64 or43-65
370,594 47 or 17 02
234,' >-7 45 or 2'15
2" 1,990 70 or 230
291,940 6 or 448
•319,949 99 or
646,040 00 or 77 93
43,961 74 or 4'57
Gross Receipts from Traffic Increased
Expenses of Operation increased
Taxes increased
Income from Traffic decreafcd
Net Receipts from sale of Lands decreased
Income from Investments, and Miscellaneous Profits increased
Excess of Income over Expenses of Operation and Taxes increased
The sum available for Fixed Chiirges and Dividends increased
Total Fixed Charges and Rent increased
The amount available after deducting fixed charges decreased
The sum .appropriated from Income for Betterments Increased
Surplus Dividend Fund has been augmented by
per cent
percent
percent
per cent
per cent
p.>r cent
per cent
percent
percent
percent
per cent
per cent
INSURANCE AND SINKING FUNDS.
The Insurance Fund, after the payment therefrom of
all losses
by
fire,
was augmented during the year by
$92,293 54,
to $1,093,293 54.
The Trustees of the Cairo Bridge Fund hold $395,210 72, invested in securities authorized by the mortgage, being
more than they held at this time last year.
The Trustees of the Western Lines Sinking Fund hold $203,147 79, invested in securities authorized by the mortgage,
being $53,841 49 more than they held at this time last year.
TAXES.
The charter of the Company reserved to the State of Illinois, in lieu of taxes, 7 per cent of the gross receipts of the
706 miles of railroad originally built thereunder. The sum so paid has this year been $667,423, which, if capitalized at S}4
per cent, would give $19,069,329 as representing the proprietary interest of the State of Illinois in the Illinois Central
§44,556 03
Railroad.
Other Taxes, in which there are this year, for the first time, included the War Taxes levied by the Federal Government, bring the total sum paid as taxes up to $1,358,979 64. This shows an increase over last year of $66,566 45, or 5*15
per cent, although the number of miles of railroad operated has been decreased by 104, or 3*75 per cent.
ST. LOUIS DIVISION.
$1,618,515 39
The Gross Receipts of the railways subjected to the lien of the Mortgage securing St. Louis Division Bonds were
1.0'^S,f'32 21
The Expenses of Operation, including Taxes
of Receipts over Operating Expenses and Taxes
$o59,9a3 18
The rent of those railways, including the interest on the St. Louis Division Bonds, and on such bonds of the
$506,020 00
old Companies as had not yet been funded, amouDted to
.'5,233 21
But of this sum there was collected, for interest on bonds held by the Tllinois Central RR. Co
450,786 79
Thus making the Net Charges
$109,196 39
The Earnings of the St. Louis Division have exceeded the Net Charges by
The cost of the St. Louis Division has been augmented by $434,281 16, of which $621 67 was for betterments and the
remainder was paid in satisfaction of underlying liens and charges, or allowed as discount on bonds sold.
LOUISVILLE DIVISION.
$3,735,306 67
The Gross Receipts of the railways subjected to the lien of the Mortgage securing Louisville Division Bonds have been
2,9x3.436 50
The Expenses of Operation, Including Taxes
And the Excess
And the Excess of Receipts over Operation Expenses and Tax^s
$751,870 17
$884 319 70
There has been paid, In respect tn those railways, as Rent, and for Intereston Bonds
144,359 06
But of this sum there was collected for Intere->t on Bonds held by the Illinois Central Railroad Company
739.960 64
Thus making the Net Charges
$11,1-09 53
The Earnings of the Louisville Division have exceeded the Net Charges by
The Louisville Division Fund has been charged with $918,775 97. Of this, $677,806 24 was for betterments, acquisitions
and additions to the property. The remaining $240,969 73 was the net sum paid, or allowed, for the satisfaction of underlying liens, for legal and other expenses connected with foreclosure and reorganization, and for discount on bonds sold.
The protracted and expensive litigation in regard to the various railroads now constituting the Louisville Division is
virtually closed.
CAPITAL ACCOUNT.
authorized the issue of $10,000,000 of new Capital Stock, which was offered
pro rater, to the stockholders of record for subscription at par. They further authorized the Board of Directors to dispose of all such shares as should not be so subscribed for, at such price or prices, not less than par, as should be approved by the Board.
The depression in business then prevailing and the uncertainty as to the continuance of the United States to maintain payments in gold resulted in very little of the .stock being subscribed, and in still less being paid for.
The Company was at that time carrying the large floating debt incurred in the purchase of the securities of the
Chesapeake Ohio & Southwestern and of the St. Louis Alton & Terre Haute Railroad Companies, of which debt $7,000,OCO were payable in gold on February 1, 1896.
A contract was therefore made by which the Company sold at par so much of $3,500,000 of the new Capital as was
not taken by stockholders of record, and gave an option on the remaining $7,500,000 at the same price, in consideration
The stockholders, on November
26, 1895,
September
THE CHRONICLE.
16, 1899.]
595
of being gr«nled a credit at not exceeding four p. c. per annum interest, for such sums up to §10,000,000 as it might from
Southwestern and the St. Louis Alton
time to time require pending the reorganization of the Chesapeake Ohio
Terre Haute railroads, and the sale of the securities to be issued in respect to them.
This credit was availed of to the full, and the average rate of interest paid on the floating debt has throughout
been less than four per cent per annum.
The 'ale of the Three and a Half per cent Bonds, secured by Mortgages on the Louisville Division and on the St.
Louis Division, referred to in the Annual Report for the year ended June 30, 1897, was, as is usual in such cases, of a part
Late in the fiscal year
($10,000,000), firm, with options to the buyers to take the remainder on or before August 1, 1899.
now under report the Company was able, with the proceeds of so manv of the bonds taken on option as it was then able
to deliver, to pay off all of its floating debt, the last of it having been paid on June 30, 1899.
Since that date the option on the $7,500,'i00 of new Capital Stock has been availed of, thus making the am">unt outstanding at the closing of the books on August 1, 1899, $6'i,000,00
The sum of $l,500,no0 has been reserved to pay the
dividend due September 1, 1899, on the full amount of stock, although neither the $7,500,000 of new capital nor the proceeds of its sale are shown in the Balance Sheet of June 30, 1899, herewith submitted.
As shown in greater detail in the accompanying tables, the total outlay for betterments and additions to the property
.usually charged to Capital has been $2,937,382 82. Of this there was paid from earnings the cost of all the betterments
made during the year to the Illinois Central Railroad, as originally constructed, amounting
the aggregate to §1,475,04' 1.
Of the remaining $1,462,342 82, representing betterments to the various leased lines, $677,806 24 was charged to the
Louisville Division Fund and $784,536 58 to Capital.
The betterments on the Illinois Central Railroad, thus paid for from income, include, among other things, the building of twenty-two miles of second main track and eleven miles of side tracks, the Elevation of the St. Charles Air Line
and the purchase of 1,500 additional new freight cars.
&
&
'.
m
Second Main Track.
The second track has been extended from Otto to Oilman in Illinois, a distance of 22 miles. While the work was not
completed at the close of the year, it had so far progressed that on August 13, 1899, the new track was put in service.
St. Charles Air Line Elevation.
Charles Air Line connects, in the heart of the City of Chicago, the Illinois Central with the Chicago Madison & Northern and other railroads and is owned jointly by the Illinois Central, Chicago Burlington & Quincy, Chicago
& North Western and the Michigan Central railroad companies. This short but very useful railroad has been raised on
a substantial stone viaduct, with steel bridges over the principal streets, four tracks being provided in lieu of the two formerly existing. Each of the four owners has borne one-quarter of the cost of this improvement, and the Illinois Central
has also paid the entire cost of building, on its own land, approaches to the St. Charles Air Line.
The
St.
Keddction of Grades.
The reduction
of the grades
on the Louisville Division, between Fulton and Memphis, which had been begun
last
year, has so far progressed that there is every reason to believe that the track at the reduced grade will be throughout
available for service on January 1, 1900.
The work of reducing the grades south of Jackson, Mississippi, to a maximum of twenty feet against south-bound
traflSc, has also been undertaken, and should be completed at the same time.
The sums expended during the year, on the various works above mentioned, and indeed all the outlays for Permanent
Improvements, are stated in detail on page 598.
That table does not, however, show the amounts expended
in previous years, nor does it take into account interest on advances made for Branch and Subsidiary Lines or
charges for the use of this Company's facilities and appliances in doing work for others. These items will be taken into
account when settlements come to be hereafter made with the Subsidiary Companies, upon the completion of the works
now in hand.
ST. LOUIS Iff DIANA POLIS & EASTERN RAILROAD.
Louis Indianapolis & Eastern Railroad Company, 90 miles in length, extends from Effingham
station, in Illinois, eastward to Switz City, Indiana. Substantially all of the securities of and claims against that Company have been purchased, and sines the close of the year under report, that railroad has been bought in at a foreclosure sale by Mr. J. C. Welling, as Trustee for the Bondholders.
The property is now in process of reorganization.
The railroad of the
St.
FORT DODGE & OMAHA RAILROAD.
& Omaha
Railroad Company is now building, and is expected to complete during the current calendar year, a railroad from Tara station, near Fort Dodge, Iowa, to Council Bluffs, Iowa, 13i» miles. The grades on this
line nowhere exceed 26 feet to the mile, and the curves are very light.
It is confidently expected that, through its construction snd control, we will secure a fair share of the business of Omaha, Nebraska, and of the transcontinental and
other railroads c ntering in and passing through that city.
Omaha and Council Bluffs taken together have a population
of not far from 2.0,000.
CANTON ABERDEEN & NASHVILLE RAILROAD COMPANY IN ALABAMA.
With a view to obtaining a supply of fuel for the Company's needs in the South, and of enabling ship-owners and
manufacturers at New Orleans and elsewhere on the Southern lines to count upon reasonable prices for and a steady
supply of coal, a branch has been built, under, the charter of the "Canton Aberdeen & Nashville RR. Co. in Alabama,"
from Winfieli, to the coal mines at Brilliant, Alabama, 8 miles in length, and the right to run trains over the Kansas
City Mempnis & Birmingham RR., from Winfield to Aberdeen station in Mississippi, has been secured.
The Fort Dodge
TRAFFIC CONTRACT WITH THE NAgHV^CLLE CHATTANOOGA & ST. LOUIS RAILWAY.
As is well known, the Louisville & Nashville Railroad Company, with which the Illinois Central is
in competition at
points, has long controlled the Nashville Chattanooga
St. Louis Railway Company through the ownership of
a majority of its stock. As an evidence of the broader policy now so generally animating the larger railroad companies,
your Directors take pleasure in reporting that a contract has been made with the Nashville Chattanooga
St. Louis Railway Company for the interchange of freight at Martin, Tennessee, and at Paducah, Kentucky, on satisfactory terms, and
that passenger trains are now run over the Illinois Central and the Nashville Chattanooga
St Louis daily, between St.
Louis, Missouri, and Nashville, Tennessee, without change. Sleeping-cars are also run through from St. Louis to Jacksonville, Florida, without change.
so
many
&
&
&
CAIRO BRIDGE.
&
trains over the Cairo Bridge has been granted to the Mobile
Ohio Railroad Company for a term
of not exceeding 32 years, for a fixed minimum rent, with provisions for increased rent as its use of the bridge grows.
Certain tracks in Cairo, Illinois, belonging respectively to the Mobile
Ohio and to the Illinois Central railroad companies, are to be used in common by the passenger trains of both.
The right to run
its
&
ILLINOIS CENTRAL TWO-TEN 4 PER CENT GOLD BONDS.
The option reserved to the Illinois Central Railroad Company in the Two-Ten Gold Bonds, to retire them at par, has been
availed of and the entire issue was called for payment July 1, 1899. Interest has ceased to accrue on these bonds, and
most of them have been paid, although $2,622,000 appear as outstanding in the Balance Sheet of June 30, 1899.
,
REAL ESTATE.
The item
in the Balance Sheet entitled Real Estate appeared last year under the head of Assets. It consists of outlying lands, chie y in and near Chicago, which are not now used for' railroad purposes, and of seven quarries and gravel
The cost of the latter i: being reduced from time to time as stone and gravel are taken out for ballast.
pits.
EXPORTS OF BREAD3TUFFS THROUGH NEW ORLEANS.
The States traversed by the Illinois Central and the Yazoo & Mississippi Valley railroads, and thosa west of them
produce the exportable surplus of grain grown in the United States. Every point on those railroads is nearer by rail to
New Orleans than tt) New York, excepting only Chicago, which is precisely 912 miles distant from each of those
While the Illinois Central does not directly reach Minneapolis, the center of the flour milling, it has close conports.
nections with that City, which is also nearer by rail to New Orleans than to New York.
Or" the 2,715,981 tons of grain, flour and other mill products carried by the Illinois Central and the Yazoo & Mississippi Valley railroads during the year ended June 3), 1899, less than one-fifth (536,841 tons) were exported through New
Orleans to European and other ports.
Under the-e circumstances, it is reasonable to expect that the export of breadstuffs through New Orleans will increase largely, and the Company has therefore contracted for 50J additional grain cars, of a capacity of 40 tons each, for
delivery in season to carry the large crops
now being
harvested.
THE (JHKONICLK
69^
[Vol. LXIX.
Although the corn crop of 1898 was of such notoriously poor quality, no complaint has been received of any damage
from heating having occurred in the 19, 67", 336 bushels which were delivered by the Illinois Central and the Yazoo &
Mississippi VaJley railroads for export through New Orleans.
THE YAZOO &
The following
MISSISSIPPI
VALLEY RAILROAD COMPANY.
taken from the Report of the Yazoo & Mississippi Valley Railroad Company, show,
by that company during the year ended June 30, 1899, of its 955 miles of railroad
figures,
results of the operation
Grosa Receipts from Traffic
Operation Expenses
$4,576,349 72
542 37
156,473 10
$3,1''2
Taxes
Excess
Gross Receipts over Operation Expenses
Interest collected on Investments
of
Tncomefrom the
1^689. Interest
•
on
and Taxes
3,319.015 47
$1,257,334 25
267 28
$1,95^,601 53
916,680 00
year's business
all
in brief, the
:
Bonds except Income Bonds
Leaving a surplus of
$340,921 53
The following table shows the revenue
of that
company from
each of the past seven years
Traffic in
Average
Number
rears.
Excess of Gross
of
Miles
Operated.
1892-3
807 27
189.3-4
f-07-27
1891-5
807-27
189.5-«
807 27
1896-7
18 7-8
1898-9
8' 7-24
80- -27
9P4 80
Expenses of
Gross Receipts,
04
50
58
10
20
53
4,576,;<49 72
$3,319,131
3.338,8 9
3, 31,3 4
3,529.625
3,936.513
4, 775,647
^
Rereipts over Exp.
of Ope ration and
Taxes.
Operation.
Taxes.
$2,463,653 47
$96,337
89,091
90,0-8
103,708
124,982
2,234,625
2,550,633
3.063,975
3,162,542
$759,139 68
969,397 90
951,068 55
1,191,290 75
89
40
53
84
09
14^644 26
156,473 10
20
2,290,207 50
2,2"^0,370
51
98
12
37
1,260.897 13
1,569,028 15
1,257,334 25
&
stockholders who may desire a copy of the Report of The Yazoo
Mississippi Valley Railroad Company are requested
to write to the Secretary therefor.
The attention of the Stockholders is invited to the accompanying Balance Sheet and to the Abstracts explanatory
thereof, as well as to the various Tables showing, in detail, the workings of the Company's business.
By order of the Board of Directors,
York, September 11, 1899.
G. HACKSTAFF, Secretary.
New
ALEXANDER
STATEMENT OF THE NUMBER OF MILES OF RAILROAD OPERATED BY THE ILLINOIS CENTRAL RAILROAD COMPANY AND
BY THE YAZOO & MISSISSIPPI VALLEY RAILROAD COMPANY, RESPECTIVELY, IN VARIOUS STATES, ON JUNE 30, 1899.
Miles of Railroad in Operation June 30, 1899.
States.
By I.
lUlnois
0.
RR.
By
Co.
Y.
<£
M.
V.
RR.
By Both Companies.
Oo.
1,^15-33
1,61538
1495
14-95
11-40
581-17
91-31
South Dakota
Minnesota.
Wipconsin
Indiana
11-40
581-17
91-31
13-16
Kentufky
50628
Tennessee
2^2-38
497-13
Iowa
Misfissippi
Louis'ana
1316
"i's-i'i
785-82
170-20
87 74
Alabama
7-84
Total
3,6^«-74
506-28
265-49
1,282-95
25" -94
7-84
4,647-87
969'13
GENERAL BALVNCE SHEET,
Abstract
A
Abstract
Railroad and Equipment
Real Estate
B
Material AND Scppues..
1,714,073 55
6,109,336 95
34,615.2c
Net Assets
31
$60,000,'^ 00
Au'hnrized
Less Uni;8ued
324,443 78
c Stocks Owned.
]> Bonds Owned
E
F
Capital Stock of Illinois
Central RR. Co.
$146,264,235 94
K
K
1,006,755 62
Issued & outstanding
Leaskd Line Stock of Illinois Central RR. Co
Funded Debt
on
Account
Railroads in ConstrucTIOM
2,052,089 77
Cr
Assets in Insurance Fund
H
Assets in Surplus Divi-
dend Fund
$1,092,293 54
<i
2,097,920 46
1,005,626 92
H
$52,500,000 00
10,000.000 CO
of Illinois
Central Railroad Co
of Chicago.
St. Louis & New Orleans
Funded Debt
RR. Co
Advances
00
7,500,000 00
107.262,925 00
16,234,000 00
Louisville Division Fund
Set apakt to providr fob
dividend payable Sept.
1, 1899
Profit and Loss
iNsuRANiK Fund
Surplus Dividend Fund..
1,728,280 80
1,POO,000 00
2,860,960 12
1,0^2,293 54
1,005,626 92
«4,'»
RAILROAD AND EQUIPMENT.
As show7i in
the Re-
port for the year
June
Mound
City
Stacy vllle
Haute RR.)
RR
C.
4% Western Lines Bonds.
iKl
in the
tfie
Re
year
Increase.
30, 1898.
$51,406.114 94
1,777,502 41
576,306 93
80
245,850 00
65, 34 68
1,83» ,025 44
575,672 33
10,149,2.54 14
10,09«,925 17
09
11,978. .547 93
1,326.8«^ 8
12.779 54
12,412,829
1,595,161
12.968
61,576
1,983,414
75,0h0
6,005
3P,788,615
21,388,000
6,425,000
Ry
OantO" Aberdeen & Nashville RR
Hod»jeDvllie & El'zahethtown RR
Troy & Tipton ville RR
Chicago St. Louin & New Orleans RR
Louisville Divisi n Lease and Mortgage Lien
Lien on Dubuque & Sioux City RR. to secure I.
Total
94
05
97
00
f8
1,83-, 2^0 31
& Terre
port for
June
cO, 1899.
$51,406,114
1,786,918
1,439,54«
253,925
65,235
Illinois
Assnown
ended
ended
Central RR
Cbioago & Springfield RR
Kankak^e & S uthwectern RR.
South Chicago RR
Blue Inland RR
Chicago Havana & Western RR
Rantonl RR
Chicaifo Madison & Northern RR
St. Louis Division (St. Ljuis Alton
Chicago &Tex«8 RR
2,097,920 46
$194,181.086 38
$194,lfi4.086 3^
ABSTRACT
123,496,925 CO
19
68
13
47
69
00
67
00
00
l,4.--8,29
61.414 63
1,935,154 81
7r,0
00
6,<i0'>0<)
35,392.102 .n
21,388,(100 00
5,425,000 00
$9,415 64
1,254 17
8,075 00
100
2,244 87
634 60
97
16
60,328
434,281
268,275
189
161
48,259
31
14
50
66
90 69
5 00
396,513 36
46,264,235 94 1145,044,505 87 $1,219,730 07
September
THE CHRONICLE.
16, 1899.J
ABSTEACT
697
STOCKS OWNED.
*»C.»'
Par Value.
Central RB. Co. Stock and Scrip
Illinois Cpntral RR. Co.
Chlcapro St. Louis & New Orleans RR. Co
$53,575
11,000
10,200
9,938,hOO
300,000
25,000
15,025
Illinois
Leased Line stock,
Dubuque &
SI'
ux City
Co
RR
Co
Mis8i»<slppi Vallev
Chicago <v Springfield RR. Co
Other Stocks
!
Book Value.
OOl
00
00
00
00
00
OOi
$10.353,4 00 00!
$53,575 00
10.8T0 00
10,200 00
5,966.5('9 95
43,125 00
25.000 00
57 00
$6,10^^.336
95
Note.— As
which
will be seen by reference to Abstract "I," the dividends received during the year on shares owned, amounted to $314,600;
3*04 per cent on the par value and 515 per cent on the book value above set forth.
is
ABSTRACT
BONDS OWNED.
'•!>."
Book
Par Value.
00
00
00
00
00
«00 00
5,000 00
17,00u 00
$13,000 00
3,>-86 70
71,000 00
15,000 00
3,324,000 00
600 00
2,0u0 00,
986 00
$3,451,600 00
$3,453,814 58
2,800,000 00
2,324,538 18
830 00 00
3,930,000 00
3,930,000 00
$16,P32,000 00
9,10i,000 00
9,904,000 00
35,840,000 00
24,906,877 55
$46,021,600 00
$34,615 230 31
Illinois Central Gold, Weatern L'nes, Fours
Illinois Central Gold, St. Louis Division, Three and a-halfs
Illinois ("entral Gold Fou'sof 19^3
Mississippi Vallev Co., Registered,
Gold Bonds of 19=0
Yazoo
Mississippi Valley RR. Co., Gold, [inprovement Bonds of 1934, Registered.
Mississippi '"entral Spoond Mortgage (past due)
Chicago
$13,000
4,000
71.000
15,000
3,324,001
4%
&
St.
Belleville
& Paducah 1st Mortgage, Fives
Eldorado 1st Mortgag.^, Sevens
Louis
&
Other Bonds
Bonds Pledged—
See Abstract
'
Louisville
Louiavil'e
Louisville
L."
$3,100,000 00
t
New Orleans & Texas Ry. First Mortgaee Fours
Vew Orleans & Texas Ry. Second Morfg'age Fives
New Orleans & Texas Ry. Land Grant Income Bonds
will be seen by reference to Abstract "I" the interest received during the year on bonds
4-78 per cent on the par value and 636 per cent on the book value above set lorth.
ABSTRACT
AND
"E.»' AS3ETS
Audited Vouchers and AccountsVouchers audited prior to June
$<,299,0610=.
2,771,007 10
and Loans on Collateral
OtherAssets
to $2,202,079 57;
LIABILITIES.
Cash
Due from Agents
Due from Solvent Companies and
owned amounted
LIABILITIES.
ASSETS.
Bills receivable
00
i
NoTB.— As
is
5,2.'>0
20,091 P8
|
Yazoo & Mls*^issippi Valley RR. Co. First Mortgage Fives
Cherokee & Dakota RR. Co. First Mortgage Fifen
Cedar Rapids & Chicago RR. Co. First Mortgage Fives
which
Valtie.
1,314,36«73
23,7 87 87
Individuals
,
1,
1H99
Vouchers audited for June, 1899..
Fund for renewal of Engines and
90-',178 30
333,942 64
Freight Cars
Fund
$244.P22 94
908,258 71
Automatic Couplers and
Air Brakes
for
Due Subsidiary Companies
217,124 54
1,216.042 .'^2
1,261,717 08
Other Accounts Payable
Wages and Salaries Due prior to June 1, 1899
Due for the month of June, 1899..
$200.469 00
1,318,136 19
Net Traffic Balances due to other
Companies
Dividends not called for
$4,231,903 43
1,518,605 19
182,994 93
42,831 80
...
Matured Interest Coupons unpaid
(including coupons due July 1,
955,200 42
200,000 00
1899)....:
1
Rents due July
1,
1899
178,106 66
Miscellaneous
Total Liabilities
Balan oe Assets
—
Total
$8,316.403 05
1,155,200 42
$7,309,647 43
l,00b,755fc2
..
»8.316,403 05
Total
ABSTRACT "G." INSURANCE FDND.
Amount at credit of Insurance Fund June 30, 1898
Added to this Fund duiing the year ended June 30,
Interest received on investments of the Fund
$1,0 0,000 00
1899, through monthly charges to Expenses of Operation
9>,9.=
00a
42,280 00
$1,138,230 OO
Losses by
4b, 936
lire
Amount at credit of Insurance Fund June
30,
T)r.
$1,092,293 54
1899
ABSTRACT
*'H.''
APPLICATION OF INCOME.
Hems.
Surplus Dividend Fund June 30, 1898, as shown in last report
$961,665 18
Nkt Receipts DtRiNu thk year ended June 30. 1899—
From the Operation of the Railway, as shown in Abstract "M"
From the Land Dfflee
From Investments and Miscellaneous Profits, as shown in Abstract "I
8,552,427 99
33,419 89
2,547.6^8 2$12,095,1
Or. Items.
Interest on BondsSterling Sinking Funds of 1903
"
'•
"
"
Sterling Sixes, extended as Fours
Sterling Fives of 1905
Sterling Thrt-es
$^,350,000 emos. ® 5%
3.H0O.000 6 " " 5%
"
"4%
2 .'00 ooo 12
1,000,000 12 " " f^%
"
O.ooo
12
"3%
2.5'
1,500,00012 " "4%
"
" 3ia%
12
2,499.0'
9H8,00O 12 " "5%
"
2,000,<'<'0 12
"312%
" "4%
5,42f>,000 12
"
3,000,(i00 12
"4%
"
15,OiiO,000 12
"4%
.^,
6 .< <>' 12 " "312%
•
Gold Fours
Gold Three and a-halfs
Currency, Kankahee & Southwestern
Gold. Sprintrfleid Division
Gold, \ve>tern Lines
Gold, Cairo Bridge
Gold Fours of 19^2
RR
SterlluK Three and a-halfs
Gold Fours of 195 i
25,000.00012
3,101,00012
Two-Ten Gold Bonds, past due
Sterling Sinking
Funds
of 1903
drawn
for
payment.
46
"
"
"4%
"4%
$83,750 00
R2,.'i00
00
100,000 00
f 0,000 00
75,000 00
60,000 00
87.465
48,400 00
70,000 00
217 00000
120,000 00
600.000 00
lfi4.310 00
1,000 000 00
124 040 00
•
.1
$2,902,465 00
50.000 00
THE CHRONJCLE
598
[Vol. LXIX.
Brought forward.
Rent of
^z,qiSa,4t>S
& N.
C. St. L.
O.
RR.—
Curr-ncy, Second Mortgage Sixes
Gold Fives
$80,000 12 mos,
16,^55.000 12 "
1,359,000 12 "
Gold Three and a-haifs
" Coupons matured in previous year...
"
•'
"
7,000 6 "
3,500,00' 12 "
Gold, Memplils Division
3,00ii.000
12 "
Gold. Kridge Bonds
17,940,000 6 "
Gold, Louisville Division
"
"
'•
21.388,000 6 "
For account of Cairo Bridge Fund, Dec. 1, 1898, and June 1, 1899
$10,0u0.000 12 mos.
Leased Lite Stock
Salaries of Trustees and others
Rent of Cecelia Branch
Rent of Line from Princeton to Qracey
Rent of Dubuqtte & Sioux City RR.
(including $46,733 60 Sinking
Fund on
© 6%
" 5%
" 3^%
" >!«%
"
"
"
"
49<,
5%
3^
3v^
® 4%
'
374, 90 00
30.000 00
400.000 00
1 2<t4 00
60,000 00
12,039 70
C. "West-
1,198,645 72
Bonds)
Less Interest on Gold, Western Line Fours, as above
Louis Division (St. L. A. & T. H. RR.)—
Cntere^it on Prior Lien Bonds, rent of Leased Lines, etc
Interest on Gold, St. Louis Division, Threes
Interest on Gold, St. Louis Division, Three and a-lialfs
$4,800 GO
827,750
47,5P5 00
245 00
140,000 00
150,000 00
313,950 00
2,361,873 70
I.
ern Lines "
Rent of
00
217,000 00
981,645 72
St.
"
"
"
"
"
"
Dividend, March 1, 1899, on Illinois Central Shares
Dividend, September 1, 1899, on Illinois Central Shares
,
$4,939,925 12 mos. ® 3%
"
" 31.3%
8,24» ,000 6
8,354 000 6 " " 312%
$52,500,000
60,000,000
6 mos.
"
6
@ 5%
"5%
67,322
148,197
144,305
1 46,195
24
76
00
00
506,020 00
1,312,500 00
1,500,000 OOi
2,812,500 00
1,475,040 00
Betterments paid for from Income of current year.
Surplus Dividend
Fund
11,089.544 42
1,005,626 92
applicable to Future Dividends.
$12,095,171 34
ABSTRACT "I.» INCOME FROM INVESTMENTS, AND MISCELLANEOUS PROFITS.
Dr.
Interest on Bills Payable, less Interest on Money Loaned
Diecounton Bonds Sold
Depreciation of Assets
Fixed CharKts of Subsidiary Lines written ofT.
Balance, representing Net Income from Investments and Miscellaneous Profits,
$16,141 PO
1,200 00
23,696 35
.'S22,62'' 93
2,547,658 28
$3,111.324 36
Or.
Interfst on Bonds
Owned—
Illinois Central, Gold, Western Lines Fours
Illinois Central, St. Louis Division, Gold 3^28
Illinois Central, Louisville Division, 3138
Illinois Central Gold Fours of 1953
C. St. L.
O. RR. Co. GoldFive.a
N. O. RR. Co. Gold Three and a-half 8
C. St. L.
C. St.
N. O. RR. Co. Gold, Bridge Fives.
$520 00
55,233 21
144, 59 0rt
2,840 00
&N.
&
L &
Y.
Y.
<fe
'v<.
V.
263,300 00
6H60
150,000 00
103,400 00
140,000 00
673,2
00
463,265 70
155,000 00
41,500 00
3,' 90 00
5,000 00
625 00
RR. Co. Gold Improvement Fours
& M. V. RR. Co. Gold Fives
L. N O. &T. Ry. Co. Foura
L.N O. & T. Ry. Co. Second Mortgage Incomes
Cherokee & Dauota RR Co. Fives
Cedar Rapids & Chicago RR. Co. Fives
St. Louis Indianapolis & Eastern First Mortgage Sixes.
Mississippi Valley Co. Registered Fours,
Other Bonds
J,202,079 57
Interest collected on Notes Receivable
22,752 13
Dividends on Shares Owned —
Illinois <^entral RR. Co. Stock
Illinois Central RR. Co., Lf-ased Line Stock
Chicago St. Louis & New Orleans RR. Co. Stock.
Dubuque & Sioux City RR. Co. Stock
3,540 00
44" 00
408 00
298,1 =-8 00
12,000 00
54 00
Mississippi Valley Co. Stock
Other Stocks
314,600 00
Interest on Securities in Surplus Dividend Fund.,
Sterling Exchange
$38,820 00
10,444 73
49,264 73
Interest on
19
2,
Bonds
of Subsidiary Lines pledged to secure $15,000,000 Illinois* Central Fours of
$817.500 00
$16,350,000 Fives
Less Interest Collected—
From Duhuque A Sioux City RR. Co. as above
On Cherokee* Dakota RR. Co. Fives
On Cedar Rapids & Chicago RR. Co. Fives
Prom Y. & M. V. RR. Co. as above-
On Y. &M.V.RR.
Co. Gold Fives.
South Chicago RR. Co. Fives
Interest on Canton Aberdeen
&
140.000
& Nashville RR. Co.
Interest on Notes given for advances
Chicago Havana
$155,000
41,500
made the
336,500 00
$481,000 00
10.000 00
12,500 00
Note given for Bonds canceled.
following companies—
Western RR. Co
$13,941 17
5,186 76
RantoulRR. Co
19,127 93
522,627 93
$3,111.324 36
PERMANENT IMPROVEMENTS CHARGED TO CAPITAL.
BT ROADS.
Central Railroad
Chicago & Springfield Railroad
Kanbakeo & Southwestern Railroad
South Chicago Railroad
Chicago Havana & Western Railroad
Rantoul Railroad
Chicago Madison «fe Northern Railroad
St. Louis DIvis'on (St Louis Alton & Terre Haute Railroad)
Chicago & Texas Railroad
Illinois
$1,475,040
9.415
1,254
8 075
2.244
266,775
189
161
48,259
62
Stacy vllle Railroad
Canton Aher'ieen
Memphis Division
Louisville Division
64
17
00
7
634 60
f 0.328 97
^21 «7
Mound Cty Railway
& Nashville Railroad
Hodgenville & Eiizahethtown Railway
Chlf-ago St. Louis & New Orleans RailroadMain Line & Kosciusko Branch
00
$278,189 00
118.324 27
677,806 24
31
14
'0
66
69
1,074,319 60
$2,937,382 82
Of which there was defrayed from Louisville Division Fund
Of which there was defrayed from the Income of the Current Year
$6'^7,806
"2*
1,475,040 00
2 152,846 24
$784,536 58
September
16,
THE CHRONICLE.
1899.]
DIMKIBDTED AS FOLLOWS
699
!
€onstt~uction—
Way Lands
$77,195 28
82,068,52
acquired
Grounds acquired
Grounds— Improvementa..
Station
Station
1,107 .'H.^
2,^44 00
16-,433.^9
..
Bridging
Buildi £8
35,38191
98 40
359.2:2 47
Water-Works
Section Houses
Sidings
Cattle Guards and Crossings
Fencing..-..
Ballasting
Interlocking
4,9
New Telegraph
Lake Shore frotection, Chicago
Approach to Cairo Bridge, Illinois Shore
New Second Main Track
Raising Grade of Tracks
o
Reduciion of Grades
Widening Roadway
Grays Point Extension of the Chicago & Texas RR
Connecting Tracks of Chicago & Texas RR. with St. L. A. & T. H. RR. at Murphysboro,
Changing Line of Road East of Mount Carbon, 111
Elevation St. Charles Air Line. West Approach. Chicago, (this Company's proportion)
Elevation East Approach St. Charles Air Line Tracks, Chicago
ElevationofC. M. & N. Tracks at 16th Street, Chicago
111
Eqvivment—
13 049
72,49
104.266
45.992
$2,184,244
'
2 Cafe Dining
New Passenger Cars,
New Freight Cars,
900 Box Cars
New Work
100 Refrigerator Cars
$22.000 00
401,018 3?
63.130 26
SOOCoalCars
219,38123
Cars
15 Caboose Care
1 Steam Shovel
Cars,
><,9.=>7
75
26
90
18
33
09
7,t5153
Marine Equipment
753,138 49
$2 9o7 382 82
31,000 00;
'
Less:
21
-16
1.280 -^1
139,3 162
29,788 71
1,739 82
10,469 76
7,' 50 58
193,788 81
19,717 -lO
685,073 16
10.367 13
49,245 P9
75,111 12
Defrayed from Louisville Division Fund
Defrayed from the Income of the Current Year
$677.806 24
1.475,040 00
2,152.e46 24
$784,536 58
COMPARISON OF MONTHLY RECEIPTS AND EXPENSES—FOR THE YEARS ENDED JUNE
Operation Expenses and Taxes.
Gross Iteceipts.
30, 1899 AXi> 1898.
Net Receipts.
\
P. <>. of Set fer Cent of the
Tear's
Rtceipt» to
Gross Jiec'f ts Net Receipts.
li
1
1898.
J ULY
2,H71 ,995 62l
September
October
2,384,614
2,466,736
2,563,749
2,560,585
03
57
32
18
Tot'lFirsteMos $14,399,755
20|
$1,586.467 66
1,680,826 43
$14,087,300 73
$9,956,232 50
$1,984,075
2.175.680
2,346,202
2,439,389
2,563,708
2,578,243
January
February
$2,423,792
2,152.380
2,442 207
2,113,577
2,954.183
2,328,794
March
April
May
June
1,674,01140
1,696,31H 34
1,640,'^ 17 02
1,677,991 65
1898.
1899.
I
1897.
22
95
02
85
77
92
$2,052,074 48
AUGtJST
November
December
1898.
1897.
05
13
15
08
84
44
1899.
$2,276,720
2,183,398
2,277,769
2,119,389
2,235,657
2,137,583
15
07
45
92
82
53
$1,512,742
1,517.609
1,573,837
1,619,815
1,690,105
1.691.918
$l,507,o55 22
1.605.710 ' 8
1,666.073 56
1,560.64 5 66
1 ,570.753 68
1,555,871 91
84
2914
5f!9,970 17
2^".
8-31
9 01
1015
1080
10-32
11-46
11-80
$9,467,010 81 $4,443,522 70 $4,620,289 92 30-86 32 79
51-96
53-34
680.128
878,744
992.955
1,022,372
21
28
.=>«
78
61
051
:
$7f 3,515
691,187
758.- 36
531,141
700,737
57
92
89
29
.«ifi4..078 02
636.875 60
$911,049
634,770
868.369
493,761
.=iflfl
1065
37-59
29-49
35-56
23-36
94
79
89
14
Mos $13,714,934 69 $13,230,518 94
Total for Year
...
$9,606,029 40'
r3-54
31-66
33 31
25-06
21 2502 31-34
740 4R 27-35 27-92
lO-l''
5-77
6-60
7-45
6-fe9
1
4804 46-66
$28,114,689 89 $27,317,819 67 $19,562,261 90 $18,655,470 30 $8,552,427 99 $8,662,349 37 30 42 3171 10000 10000
30,
$19,251,343
5,409,538
682.793
5d8.969
115,112
105,160
24,275
Freight
Fassenger.
Per Oentof
Mail.
1898.
80
00
73
'8
40
36
69
4,3
02
123,017 46
..
Transportation of Milk
Train Privileges
Parlor Cars
Caf6 Cars and Hotels
Rent of Property
Rent of Tracks...
Telegraph
Switching (Balance)
M
Demurrage, Storaee, ard other Miscellaneous Receipts.
Inter state Transfer and Rect-lpts over other Lines
,
294.290
216.717
7.689
143.2-2
31 860
19
33
05
69
35
1,166,315 04
$28.114,«'9 89
Total
$332,614 37
c 05,: 25 75
2,478 46
102,303 81
961
$27,317.si9 67
$796,870 22
2-92
Station'E.xpenses
Transportation and Traffic Superintendence
Miscellaneous Expenses, Transportation and Traffic Departments
Telegraph E xp enses
Claims and Damatei"
Rent of Tracks and Terminals
Mileage of Cars (Balance)...
Outside Agencies
Advertising
Cafe Cars and Hotels
Marine Equipment
Salaries of General Officers and Directc rs
Salaries of Clerks and Attendants
General Office Expenses and Supplies
Legal Expenses.
Insurance
8 und ry G ene ral Expenses
,..
190,81102
91.470 93
73,t90
98.' 47
94,563
27,569
$18,203,282 26
$17,363,057
9,671 15
11,990 08
5-49
9-13
47
l=»-29
4,-J24
30.
28
93
09
14
3,2f>3 51
85,58^^ 92
$28,272
63,-/ 16
84,943
109,370
14,967 ^"2
11,045 98
8,5-29 21
78,1^25 ;7
26,376 35
19,532 14
125,922 63
"36,79102
7,4^3
52.212
20,786
17,7P0
18,772
1
5l
i9
17
34
1
1
b002
1,576 27
447 01
-72
$4,255,224 64
3,132.719 63
1,534,101 4 2
3,60^179 68
19,173 03
2,060,694 05
423,103 62
23V«,645 23
255,146 44
366,480 55
162,498 23
265.3.i9 58
290.964 90
68.004 4 2
101,540 22
22,514 87
98.232 18
117.419 =3
f 2,459 06
64,993 64
593
38-92
3-40
1898.
170 024
$27,422 56
39-'-0
998 34
34 462 97
Increase.
$4,283,496 92
3,195,936 56
l,61y,044 51
3,712,549 '•2
22.4 i'- 54
2,146,280 97
438,071 44
250,691 21
264,075 6 5
446,306 32
188.874 58
284,871 72
416.S-87 53
64,afi0 11
132,331 2
29,978 71
3 50.4 44 25
36
4-84
8-53
9,049 50
5,886 43
6,910 73
Tear Ended June 30/h.
Maintenance of Way and Structures
Maintenance of Equipment
Passenger Train Expenses
Freight Tr^in Expeoses
Clearing Wrecks...
Decrease.
1-76
5-99
43
25
27
34
90
93
96
68
49
04
60
06
61
88
23
$18,918,729
5,103.812
690.315
566,392
106,' 62
99,273
17,364
3,325
88,554
284,619
218,293
8,136
131,292
27.635
1,064.011
COMPARATIVE STATEMENT OF OPERATION EXPENSES FOR THE YEARS ENDED JUNE
1899.
1898.
Increase or
Decrease.
Increase.
1899.
AND
1899
Year Ended June 30th.
Total
8-81
7-98
8-76
6-13
8-09
7-42
$9,188,459 49 $4,108,905 29 $4,042,059 45 29-96 30-55
COMPARATIVE STATEMENT OF RECEIPTS FOR THE YEARS ENDED JUNE
Express
Excess Baggage
1898.
1899.
1^99. 1898.
1898.
1899.
$1,513,204
1,492.210
1..519.032
1,588.248
1,534,920
1.540.843
46
19
09
01
li
Total Last 6
5-50
6-58
7-85
5-44
8-08
$476,120 00 22-^9 24 00
82
19
63
23
30
53
1897.
1S98.
1898. 1897.
29-80 28 99
31-23 36 02
8-73
36-01
34-47 39-65
1898.
48
21
26
79
82
$465,^06
691,169
710,602
770.418
923,132
882,593
1
1897.
ie98.
I
84
07
91
42
24
1899
AND
"er Cent of
Increase or
Decrease.
1898.
Decrease.
-66
202
5-54
304
16-97
415
3-54
4-Hl
350
21 51
1623
7-36
43-28
4-»2
30-32
33-15
53 15
12-23
$3,144 31
2413
1901
37,424 30
2 23
135-75
$840,225 15
4-84
2,104 11
THE CHRONICLE.
600
[Vol. LXIX,
COMPARATIVE STATEMENT OP TRAFFIC FOR THE YEARS ENDED JUNE
Year ended June SOlh.
1899.
Tons
Tons
1Z,694.0%8
*
P.C.
Inc. or
Uec.
823,103
77,400,599
6.4"
2 84
3- 2
21 4-47 miles
$18,918,729 43
$332,614 37
1
$149
688-lOOOc
$-,011 78
*13,205,422
$5,244 45
2,446
$1 43 96-lOOc
13,3';
$143 26-1000
14,772,221
263,336,f93
19 12 miles
$5,103,812 95
37 06-lOOc
01 938-lOOOc
$1,352 06
$6,600,609 75
*i,748 58
8.484,746
77 79-1000
1 -65 miles
$5,409,538 00
37 5«-100c
02 014-lOOOc
$1,473 67
$6,931, 3 00
$1,888 23
8,908, y38
77 80-lOOc
<
Way
In last year's report 1,041,739 miles were Included for "
$232 67
167,024
629,013
5,253,301
4-57
1-99
2-46
$305,725 75
1899.
50-1000
76-10000
Miles
Mileage of Loaded Freight Cars
Mileage of Empt» Freight Cars
Total Mileage of Freight Cars
Mileage of Passenger Cars
Number of Tons of Freight carried One Mile...
Number of Passengers carried One Mile
Gross Receipts
Operation Expenses
Net Receipts without deducting Taxes.
...
Gross Receipts per Mileof Road
Opei ation Expenses per Mile of Road
Net Receipts per Mile of Koad without deduct-
8-9
7 99
5 00
218.411.513
87.507.941
305.919.454
41,447,1S7
il4.«ll,.'i18
3,79y,995
1 26
10 82
3-99
1-77
4- to
1,029,749
208
-08
229.754
39.864,595
1,582,592
3-97
2,722.540.585
2t 3,336.693
77,400,599
5,233,301
281
199
$7,659 01
4,956 94
$7 236 80
4,599 67
$422 21
359 27
5-83
7-81
2,700 07
2,637 13
62 94
2-39
$0 00 24-100
-19
2-06
U
$1 26 18-100
81 70-100
$1 25 94-100
80 05-100
44 48-100
45 89-100
3-07
1633
16-25
6-93
23-18
0-08
6-55
22-88
Average Number of Tons of Freight in Train.
Av. No of Tons of Freightin each L aded Car.
Average Number of Pat-sengers per Train
209-38
12-82
30-15
206-17
12'H9
31-04
3-21
ST.
To
the Strckhclders
fiscal year ending June 30, 1899, the gross
earnings of the C. C. C. & St. L. Ry. Co. prober have
Per the
$14,719,362 68
10,645,554 93
Net earnings
Interest and rentals
$4,073,^07 75
2,873,709 69
$1,200,098 06
II4 per
Leaves a surplus of
of accounts.
total surplus of
Which, adued to the income account of the previous
year
500,000 00
700,098 06
23,f>92 30
723,690 36
305,752 40
Makes a balance of
1,029,442 76
The mileage of main track from which these earnings
were derived has been the same as in the previous year.
The Mt. Giles d Short Line (2 miles in length), operated
by this company, earned, gross, $4,3'>5 34, a decrease of
$39-11 compared with the previous year; the operating expenses were $6,111 9!), showing a loss for the year of $I,8t6 65,
against a loss of $1,515 90 for the previous year.
The Kankakee ^ Seneca Railroad (42-08 miles in length),
operated jointly for account of this company and the hicago Rock Island & Pacific Railway, earned, gross, $97,608 18; operating expenses were $79,840 85; net earnings,
$17,767 33, against $23,2l6 29 last year.
The Peoria & Eastern Railway, from Springfield, O., to
Peoria, 111. (352 miles in length), earned, gross, $1,903,<
$0 01 41-100
"o'ss
0^30
1^56
102
2 87
0^89
Switching."
TENTH ANNUAL REPORT— FOR THE FISCAL YEAR
ENDING JUNE 30, 1899.
been
Operating expenses, including taxes
$43,354 93
•49
5-48
1-29
•13
.
4-84
•44
01 65-100
"
292
$796,870 22
840,225 15
<&
....^. ........
332
$27,317.819 67
17.:^ 63.057
9,954.762 56
CLEVELAND CINCINNATI CHICAGO
LOUIS RAILWAY COMPANY.
104-05
91.537.690
30' .149
Way
Decrease.
5-00
Average No. of Loaded Freight Cars in Train..
Average No. of Empty Freight Cars in Train
Average No. of Total Freight Cars in Train
Making a
Inert aseor
Det rtase
$28,114 689 89
18 203,282 26
9.911.407 b3
*In last year's report 1,041,739 miles were included for "
1898.
2-76
3.774-85
2,799.941.181
268,589.994
AND
Pfr Oentof
424.192
167.024
132,819
225.331
949,366
ingTaxes
To which add sundry balances
-0.
30, 1899
30.
8.484.746
*13.20^,422
1,227.675
5 647 340
28.565,183
Gross Receipts per Train Mile
Operrtion Expenses per Train Mile
Net Receipts per Train Mile without deduct-
>
501
l-lOOo
8.908.938
13.372.4«6
1.360,494
5,872,671
29,514.549
ing Taxes
Leaving abalauce to credit of income of
Deducting from this four quarterly dividends of
cent each on the preferred stock
l-:-5
3 9
$121 61
$?30,723 25
$ 39 65
424,192
1898.
3,670 80
by Passeneer Trains
by Freight Trains
by Construction Trains
by Switching Engines
47-100 miles
5 99
Increase.
run
run
run
run
$0"07
7-lOOOc
Switching."
Ttar Ending June
Miles
Miles
Miles
Miles
Total
7 '3 3 miles
1-2
-49
70-lOOc
COMPARATIVE STATEMENT OF GENERAL OPERATIONS FOR THE YEARS ENDING JUNE
Miles of Road Operated
Decrease.
76
4-70
1 01
4-64
695-lCOOc
14,401.234
268,5s9,994
Ave. No. of Miles Trav.by each Pas?.
Passenger Reoeiots
Average Fare of each Passenger
Aver. Rate per Passengei- per Mile..
Passenaer Receipt.'' per Mile of Road.
Gross Rhi eipts of Passecger Trains.
Gross Rhc's of Pas.Tr'nsperM.of R'd
Miles Run by Passenger Trains
Rec'ts of Pass.Trains per Train Mile
1898.
Increase.
2,72^540.585
.
Number of Passengers Carried
Number Carried One Mile
AND
1898.
of Freight Carried
13,517,161
f rrei>:ht Can led One Mile. .
2,799,941,184
207-14 miles
Avert- se l>iHfe each Ton was Carr'd
Freltrht Receipts
$19,251,343 80
Average Re>ceipi8 ppr Ton
$1 42
Averagt- Rate per Ion oer Mile
Freight Ri-Cfipts per Mile of Road..
Miles Run by Freight Trains
Freight ReceiDts per Train Mile
30, 1899
217 35; operating expenses, $1,449,378 67; net earnings,
$453,838 68; fixed charges, $441,369 67; showing a surplus of
$12,469 01, as against a surplus of $15,161 96 last year.
The above lines make a total mileage of track on all the
system operated and controlled by this company, including
double track and sidings, of 3. 180*98 miles. The total gross
earnings of the entire system have been $16,724,493 53, an
increase of $421,424 41; net earnings, $4,543,607 11, an increase of *7 13,368 29 compared with the previous year.
The number of tons of freight carried one mile shows
an increase of '5 per cent, while the revenue from freight
shows a decrease of -12 per cent, the average receipts per
ton per mile falling from 5-45 mills to 5-41 mills. The average train-load, however, was larger, so that the earnings of
freight trains per mile increased, the average number of
tons in each freight train increasing fi'om 278 to 305 tons:
and the earnings of freight trains from $1 52 to $1 65, notwithstanding the slight decrease in the rate.
The number of passengers carried one rnile shows an increase of 14-7 percent and the revenue l"»-25 per cent; the
average rate per passenger per mile falling from 1 915 cents
The passenger train mileage decreased 76,to 1*841 cents.
768 miles. This, with an increase in mail and express earni
gs, carried the passenger train earnings per mile up to
$1- 942, from 99*42 cents the previous year.
he average receipts per ton per mile for freight have
been 5*41, against 5*45 mills they ear previous a very slight
decrease, and it is hoped that in the coming year this decrease may be changed to an increase. Rates are still low,
but somewhat l:)etter than a year ago. It is encouraging to
state that the rate per ton per mile for the last six months
of the fiscal year was much better than for the first six
1
—
months.
The average receipts per passenger per mile show a decrease, due chiefly to the large excursions and Grand Army
At the wi ting of this rebusiness last summer and fall.
port, rates are better maintained on this class of traffic than
has been the case for years. The success of this department
September
16..
THE CHRONICLE.
1899. J
m
the increase of the
of traffic for the year is evidenced
train earnings from 99 cents to $1 '09 per mile a large earning when it is considered that it includes all the short commuters-trains on the different divisions.
The business of the company over its extension into Louisville has further increased and has fully justified the expenditure of previous years for that development
The charge for taxef State and municipal, has been very
large, but practically the same as for the previous year. The
increase in " General Expen.ses" which will be noted is due
almost entirely to the internal revenue tax, which is becoming a serious burden upon the company.
On the 1st of last May $3,000,<i00 of the company's first
mortgage 7 per cent bonds fell due, for which, under the
terms of the general mortgage, the company had a right to
Your directors thought it
sell its general 4 per cent bonds.
better to make a loan for the payment of these 7 per cent
bonds and hold the 4 per cent bonds until they could be sold
at a price nearer their fair market value than was current
at that time. The company had in its treasury $1,134,000 of
general mortgage 4 per cent bonds, which it had received in
repayment of expenditures made for additions and betterments, as provided in tbe mortgage. $634,000 of these were
sold in June, and the proceeds carried into the general acexcess
count. When these bonds are sold their proceeds
of the amount necessary to pay the $3,000,000 loan will go
into the general funds of the company.
By the payment of $3,000,000 of 7 per cent bonds and their
replacement with 4 per cent bonds, there will be a saving of
$90,000 in the interest charges for the coming year, less 4
per cent upon the $l,000,00t» of bonds in the treasury, a portion of which h.as been sold; makmg a net saving in the
fixed charges of the company for the coming year of $50, Qi 0.
Eastern Railway Co.,
By the settlement with the Peoria
as hereafter stated, there will also be an increase in the in-
—
.
at 4 per cent.
A large number of the bondholders
have availed themselves of this privilege, and the company
has made arrangements, through responsible parties, to purchase all bonds not so extended when they fall due next
January. This releases a large amount of securities in the
Peoria & Eastern Railway treasury, which have been turned
them
over to this company at a fair valuation, thus largely
strengthening the treasury of this company, and reducing
the Peoria & Eastern Railway debt. It is hoped that the
company can pay out this balance in a few years. Its property is in first class condition.
Its earnings for the last two
j'ears have been more than sufficient to pay its charges, and
with a slight increase it can paj' the principal of this debt.
The grain crops upon the line are very good and general
business has greatly improved, so that the outlook for tonnage for the coming year is encouraging.
The trains have been operated during the year with great
freedom from accident, and the company gives due recognition hereby to all the employes for their faithfulness and
zeal in the performance of their duties.
All of which is respectfully submitted.
Bv order of the Board of Directors.
M. E. INGALLS, President.
Cincinnati, August
m
&
come from miscellaneous
securities.
An
examination of the balance sheet as of June 30. 1899,
will show that the company was in very comfortable financial condition, its available resources being more than
enough to pay its current liabilities.
There have been no charges to Construction Account during the year, and the surphis earnings, amounting to about
2% per cent upon the common stock, have been carried into
the Income Account, and the money used in extinguishing
There is no reason why from
liabilities of the company.
now on distributions from the future net revenues of the
company, as ascertained from year to year, should not be
made among
the stockholders.
years since the company was forced to cease paying dividends upon its common stock. During this time the
fioating debt of the company has been extinguished, and
large sums expended upon the property ai d charged to repairs, in order to put it in condition to meet the competition
of the times. On the 30th of June, 1893, there were upon
the books of the company 17,656 freight cars, representing a
tonnage capacity of 314,173 tons. A large number of these
were old and worn out and fit only for scrap. They had
been received by the company in the consolidation and purchase of various lines, and appeared but nominally upon the
books. On the 30tn of June, 1899, the company owned 14,065 freight cars, with a tonnage capacity of 3^5,842 tons, all
in good condition. A large sum, amounting to nearly $300,00'', in addition to ordinary repairs, has during that time
been spent in the purchase of new locomotives, tak'ng the
his
place of old and worn out ones, and charged to repairs.
expenditure for locomotives and cars has enabled the company to increase its train-load from 201 to 305 tons. 156
miles of new sidings, to facilitate the passage of trains and
to serve industr es located on the line, have been built in
the past six years, also 13 miles of second track: all of which
have been charged to expenses. 360 miles of 8"-pound steel
rail have been laid, replacing an equai amovmt of 56-pound
rail, the difference in cost having gone into expenses.
The
main lines of the company have all been thoroughly ballasted. Large improvements have been made in the shops and
stations and ya)'ds, and we feel that we can say to you today that you have a road whose physical condition is equal
to that of any of its competitors.
Among some of the items which have been expended during the last year and charged to operating expenses are
$51,246 74 for 6-83 miles of new sidings; $49.' 00 for new
stations and interlocking; $9,211 05 for land purchased at
various stations; $462,000 for extraordinary repairs upon
shops and purchase of new cars and engines.
The company has pursued constantly the change from the
old-fashioned coupler to the automatic, as required by the
Act of Congress, and the large expense attending this has
gone into the current expenses. On the 30th of June there
were 1,622 cars remaining to be changed, all of which will
be accomplished before the 31st of December, when the law
goes into effect. From that time on the expense of this
nature will be very much reduced.
Your careful attention is invited to all of the statements
attached, showing in detail the work of the company during
the year,
Unon the last balance sheet will be observed a claim
against the Peoria & Eastern Ry. Co. for $1,078,333 23 for
advances at various times, which this year is reduced to
$873,197 55.
That company had outstanding last year
$1 ,000,000 of 7 percent bonds, which fall due the 1st of next
January. An arrangement was made for an extension of
It is six
1
601
A.-
10, 1899.
-COMPARATIVE GENERAX BALANCE SHEET JUNE
1898
AND
30,
1899.
ASSETS.
1898.
Inc. or Dee.
1899.
$
$
Construction and Eqiulpment
1. *44,380
86,161,368 86,205,748
283. X72
D. 29.220
Gpneral Suppliea
313,092
2C.<'.C. &St. L. Ry. Gen.M.Bonds
3,000.000 /. 3,000 000
500.000 B. 574,000
C C.C. & St. L. Ry Gen. M. Bonds.. 1,074,000
30. L &C. RR First Mort. Bonds..
3V8.000
328,000
3C.L.&C. RR. Second Mort. Bonds..
84 0,0(
840 000
3C. H. & G. RR. First Mort. Bonds.
275,000
275,000
3K. &S. Rv. First Mortgage Bonds.
325,000
3i,!5.000
4'' 0.000
V. G. & B. RR. First Mort. Bonds.
4.«0.000
iC. & 8. Ry. Second Mort. Bonds ..
526,000
526,000
C. C. C. & 8t. L. Ry. (Spring. <fe
Col, Div.) 4% Mortgage Bonds.230
230
fP. & E. Rv. First Cons. M. Bonds
397.000 /. 397,000
Muncie Belt Railway
D. 3,004
5 .7 5
59,790
66.8?i6
Dayton Union Railway Advances..
/. 3,777
63,078
Cap. St'k owned in Br'ch Lines, etc..
975,361
975,361
Cent. Tiust Co., Trustees Sinking
I. 13,741
Fund under Fiist M., St. L. Div..
344,222
357,963
Capital Stock Account of Fast
D. 4,900
Freight Lines, etc
28.033
30,933
Sloane Fropertv, Sandusky
10,000
10,000
? Peoria & Eastern Ry., Loan Acc't. 1,078,333
87Mi'8 D. 206.136
Advances to B'ancli L'nes
3,541,406 D. 51,374
3,592,780
1,073,117 I. 6M,541
Cash in Hands of Treasurer
421,5 6
D. 5,829
Cash in Banks to Pay Coupons
454.988
4«-0,817
I. 2,859
Cash in Banks to Pay Dividends. .
13 174
10,315
I.
Cash in Banks to Redeem Bds., etc.
45,800
50,050
4,250
Bills Receivable
D. 1,616
349
1,965
Accounts Receivable, Railroad Co.'s
and others. Sundry Balances
437.402
255,730 D. 181,672
B. 8,918
Station Agents
219,261
228,179
United S ates Government and Post
1. 2,676
Office Department
169.629
166,954
1
.
98,178,645 101,273,750 7.3.095.106
Total
'Discount on Bonds sold.
Drawn
for redemption of $3,000,Bonds. :^. These Bonds are
deposited under the C. I St. L. & C. Ry. 4% Mortgage. 4. Deposited
under C. C. C. & St. L. Ry. General Mortgage. 5. See President's Re1
000 C.
C. C.
&
I.
First
2.
Mortgage
F.
8.
port.
LIABILITIES.
1898.
eCapital Stock, Common
Capital Stock. Preferred
TapitalStk.,n.8. &C. Pf. &8crip.
1899.
Inc.
$
27,987,835
10,tOO,< 00
42-^,997
&C. RR. First Mort. Bonds....
or Bee.
$
27.9«7,835
10,000,000
4V!8.997
....
792,000
D. 7,000
C.I St.L.&C. Ry. 1st Con. 6% Bds.
696,000
C [. & St. L. & C. By. Gen. 1st
D. 1.000
Mort. 4% Bonds
7,684,000
7,685.000
D. 26,000
B. & I. RR. First Mort. Bonds
26,000
D.3,000,000
C.C.C.& I. By. 1st Mort. S. F. Bds. 3.000,000
r.C.C.& LRy. IstCon. Mort. Bds. 4,138,000
4.138.000
3,205,000
C. C. C. & I. Rv. Gen. Con. Mort. Bds. 3.205,000
2,ti0<),000
r. &ar. L. RR. 1st Mort. Bonds.... 2,000,000
500,000
I & St. L. Ry. l.st Mort. Konds...
500,' OO
2,000.000
C. & S. Rv. 1st Mort. Bonds
2,000,000
12.5,000
C. &8. Ry 2dMort. Bonds
125,000
C O. C & St. L. Ry. (C. V. & C. Ry.)
5,0"0.000
IstMort. Bonds
5,000,000
2,571.000
C.8. &C. RR. IstCon. Mort. Bonds 2,571,000
Col. spg. & Cinn. RR. IstMort. Bds.
78,000
78,000
C. C. C. & St. L. Ry. (Spring. «& Col.
Div.) IstMort. Bonds
1,103,730
1.103.730
C. C C. & St. L. Ry. (W. W. Val.
Div.) Mort. Bonds
650,000
650,000
C. C. C & St. L. Ry. (St. L. Div.) 1st
Collateral Trust Mort. Bonds. ...10,000,000 10,000,000
C. C. C. & St. L. ay. (C. W. & M. By.
4,000.000
Div.) Mort. Bonds
4.000,000
O.C.C.&St L Ry. Gen Mort. Bds. 8,574,000 ll,t34,000i 3,066,60O
C. L.
792,000
703,000
.
.
Bonds drawn for Redemption and
Unredeemed
4,150
3,425
234,300
50,000
3.425
156,2
Billi audited (inc. June Pay Rolls)
Accrued Int. on Bonds not Due...
1,61,5,719
1,10 ,911
433,709
416.490
Coupons Unpaid
Dividends Unpaid
New F.quipmen' Account
sj. P. Morgan & Co. Loan Account
Balance to Credit of Income Acc't
460 817
425,7.'i0
13=^.315
1:^8.174
417,894
357.79
3,000,000
1,0.9,443
payable
SEfiuipment Notes
Pills
Total
305.752
'^
98,178,645 101,273,750
J.
45,850
D. 78.io"o'
B. 512.809
/>. 17.219
B. 35,067
/. 2,»59
D. 6' '.099
3,000.000
/.
I. 72J,690
/.
3,095,106
8. Monthly
6. For details see page 602.
7. Assumed in purchase.
payments due In fiscal years as follows: 19"0— !l*7"<,099 96; 19oi—
$78,100 2-1. 9. Loan made to take up $3,000,000 C. C. C. & I. First
Moitga e S. F. Bonds for which similar amount of C. C. C. & at. L.
Ry. General Mortgage Bonds have been Issued and are held for sale
and payment of this loan.
THE CHRONICLE.
602
B
—CAPITAL, STOCK AUTHORIZED
AND
,— Tear end.
ISSUED.
The amount of Capital Stock authorized by stockholders is
For consolidation of C. C. O. & I., I. & St. L. and C. I. St.
L. & C. Rys., under agreement dated Ma'cli 27. 1889.. $20,500,000
Authorized un- er tfesolutlon of Stockholders, July 7,
1890. lor f ale to holders of common stock.
Authorized under Resolution of Stockholders, October
29, 1890, for exchange of C. S. & C. RR. Co. stock
4,500,000
3,700,000
$28,700,000
Total authorized
Capital Stock issued :
20,.500,000
On account of consolidation
.^,"97,600
On account of sale to stockholders
On account of exchange for C. S. & 0. RR. Co. stock.... 3,690,2 5
$27,987,835
Total issued
Balance unissued, asfolloios
Unispuertc.
8.
& C. RR
$9,765
702,'i00
712,165
$28,700,000
Total authorized
C— INCOME ACCOUNT FOR THE YEAR E.VDING JUNE 30, 1899.
From Earnings—
$9,226 533 90
Freight
4,245,06 16
Passenger
Mail
Express
Rente
00,715 19
332 171 96
314,905 47
'
$14,719,362 68
Total Earnings
Less Operating Expenses, including
Taxes
10,645,554 93
Net Earnings—
$4,073,807 75
Deduct Fixed Charges—
Interest on Bonds
Rentals
$2,672,544 CO
201,165 69
2,873.709 69
Total Fixed Charges.
$1,200,098 06
Balance
Dcdtut Div. on Prtf. Stock, to wit:
No. 35, Ocober 1, 1898, 1^4 V^T cent...
No. 3*^, January 1, 1«99. II4 per cent...
No. 37, April 1, 18' 9, II4 per cent
No. 38, July 1, 1899, 1^ per cent
$125,000 00
12.1,000 00
00
125,0u0 00
125,0011
$500,000 00
$700,098 06
from Sundry Balance of
23,592 30
Accounts
$723,*:
90 36
305,752 40
Balance to Credit of Income, June 30, 1898
Balanee to Credit of Income, June 30, 1899
$l,0'.i9,442
76
».— COMPARA.TIVE STATEMENT OF EARNINGS, OPERA.TING
EXPBVSE-*. OPERATI^fG COST AND DEDUCTIONS
FROM INCOME FOR TWELVE MONTHS ENDING JUNE 30,1898, AND 1899.
Earnings—
1898.
$9,23-:. 507
3,8.'^0.125
Freight
Passenger
1899.
$9,226. .^33 90
38
95
598,525P8
33 ',131 96
UAX
Express
Rents
4,945,036 16
600,715)9
332,17196
314,90 47
301,803 22
Total Earnings
Operating F.xpemes
General Expenses
$14,320,094 49
$14.719,362 68
—
Expenses
Conducting Transportation
Maintenance of Equipment
Maintenance of AVay
Traffic
Total
$278,280 69
495,974 34
5,124.708 02
$317,905 67
503,272 75
5,045,842 33
2,114,094 70
1,907,948 17
1,976,'- .^8
1,81: ,555
$9.659.433 97
69-r8%
65-62%
$61,77453
$70,718 94
301,919 74
Car Service, Passenger
342.976 79
Freight
To^al Car Service
iDBUTHnce
Taxes
Total
Total Operating Expenses
$404,75132
44,49188
59H.118 30
$372,638 68
$1.047,3"! PO
$986,120 96
$10.96«,36>- 02
$10.645.5°i4 93
Operating Cost
Net Earnings
76-.^
^
34,379^7
579,i02 51
9%
72 3
%
$3.851,726 47
_$4,073,807 75
$2,709,69100
196,333 40
$2,672.544 00
$2,905,024 40
$2,b73.709 69
$446,702 07
$1,200.098 06
Deductions from Incomelatex e&t on "BonAB
Rentals
Total Deductions from Income
Balance to Credit of Income
201,165t9
F.— DETAILED STATEMENT OF OPERATING EXPENSES.
/— Year end. June 30.— ^1899.—
Distribution.
General Expenses —
Preside' t and Secretary
LochI Treasurer
New York Office, Treasurer
Auditor
Purchasing Agent
Office Vic -President
1898.
lt99.
$
$
34.«?5
17.796
><,332
91,097
10,817
4.585
Generxl Offii-e Expenses
Corporate Expenses
20,08'*
Stationery, Printing and Postage...
14,551
61.812
Leval Expeuses
.'•,427
Rents
4,0fi6
Tax Aeent
War Revenue Tax
4,875
Total
1899.
$
278,281
37,830
18,075
9,268
93.413
9.267
2.144
19,305
10,f>98
17,214
60,015
4,196
4,988
30,993
317,906
Inc. or Dec.
I.
$
2 995
7.278
936
I.
I.
2,316
1,551
D. 2 441
D. :8a
'. 5 171
/. 2,663
D. 1,1MK
1).
Total
495,974
Condufting Tranportation —
Superintendence
155,64
4f'6.056
EnsTlnemen and Firemen— Freight
Enginemen and Firemen— Pass'ger.. 238,991
Enjiinemen and Firemen— Switching 213,>-00
Trainmen -Freight
477,410
Trainmen— Passenger
217.1>-3
Fuel for Locomotives
861.592
Water Supp'y for Locomotives
61,839
Oil. Waste & Tallow— Locomotives..
30,151
Oil. Waste and Tallow— Cars
18,236
Locomotives' Supplies
21,840
Train Supplies— Passenger
53,250
Train Supplies- Freight
51,428
Cle ning Passenger Cars
61. 95
Roundhou^emeu
129.253
Switchmen
427,709
Watchmen & Flagmen at Crossings.
68,250
Telegraph Expenses
157.841
"Station Service— Agents and Clerks. .'^21, ."195
Station Service— Labor
286,367
Station Supplies
52,238
Union Paesenger Stations
236.194
switching
103,807
Car Ser..Wei'g & Fr't Ins. Bureaus.
24,120
Dining Car Service
23,017
Stationery and Piinting
32,453
WrK-bing
13,037
Loss and Damage
58,330
Injuries to Persons
95,415
Stock Claims
11,707
Y. M. C. Associations, etc
6,378
Fire Claims
8,258
503,273
J.
D.
I.
I.
/.
J.
115
D. 298
J.
7.298
/. 4,204
D. 23,749
J). 2,119
I. 4.974
D. 25,312
D. 3.263
D. 56,116
D. 1,305
I. 5,536
/).
453
5,124,708
5,045,842
D. 78,866
54,306
402,531
229.972
If5,542
919,443
271,499
6,827
55,885
413.340
176,270
120.316
798.247
238,206
D. 53,702
D. 45,226
21,8>-0
39,551
2,543
121,629
44,045
2,884
J).
I. 99,749
I. 4,494
J.
2,114,095
1,976,858
D. 137,237
65,766
62.117
244,375
722,916
137,156
59,612
32,521
30,459
4^,650
232,992
65,927
122,568
224,651
691,708
116,148
79,115
27,313
33 258
43,713
/. 161
60,451
D. 19,724
D. 31,208
D. 21,008
/. 19,503
D. 5,208
I. 2,799
21-, 324
1>>,679
172,937
25,930
818
47,065
20,163
11,710
122,775
21.539
1,055
15,587
D. 14,668
I. 1,483
D. 31,478
Total
1,907,949
1,815,555
D. 92,394
Grand Total
9,921.007
9,659,434
D. 261,573
Equipment —
Superintendence
Locomotive Repairs— Freight
L icomoti ve R- pairs- Passenger
Locomotive Repairs-Switching
Car Repairs— Freight
Car Repairs— Pass nger
Car Repairs- Working
Eng. Hoiise,Maoh. & Car Shop Rep..
Machinery and Tools in Shops
Stationery and Printing
Total
Maintenance of Way—
Superint' ndence
Rail Renewals
Tie Renewals
Track and Roadway— Labor
Track and Roadway— Material
'
Ballast
Fro«s and Switches
Railway Crossings & Interlocking..
Fences, Road Cross. & Cat. Guards..
Bridges and Trestles
Track and Bridge Watchmen
Telegraph Repairs
Build'gs, Stat'n Grounds & Platf'ms.
Docks and Wharves
Stationery and Printing,
Land Improvements
9,952
4'<.726
67,657
128,621
431,034
69,2-1
1.57.666
529,686
301,073
54,978
238,243
108.319
23,478
18,188
35,146
11,290
45.758
87,795
13,348
7.930
6,0 ^5
r.
1,579
10,810
I.
7.
121,196
D. 3;%293
Z>.
792
340
I.
D.
937
7. 1,757
D. 50,162
D. 4,391
7.237
G.— FREIGHT AND PASSENGER STATISTICS-YEARS ENDING
JUNE 30. 1898 AND 1899.
1 899.
Tear ending
Freight statistics—
June 30, 1898. June 30, 18^9. Inc. or Dee.
Freight earnings
$9,237,-507 3S $9,226,533 90 D.$l097ii 48
7 412,967
10,043,126
ions of freight carried ....
9,630,1.59
Tons of freightcar'd 1 mile.1,696,221,146 1,704,824,779 I. 8.' 0<,633
163-8
D. 63
Average haul of one ton....
1761
$-9"^9
$-919
I>. $0*40
Average receipts per ton...
Average rec. pt-r ton mile..
cents, 541 D. cents, -004
cents, -^45
X). 4,308
60,743
Number of freight trains...
65,051
/. $9 89
$15189
Freight earnings per train.
$142 00
=i
i>, 604,839
Freight train mtlnage
5,587 94
6,092.784
7. $0 13
$165
Fr'ght earnings per train m.
$152
Fr'ghtcarmtleage-loaded. 132.357.378 12-' ,927 466 D.-" ,429,912
30,754,231 D. 5,483,753
Fr'ght car mileage—empty.
36,237,984
Percentage empty car mileJD. 2-1%
19-4%
21-5%
age to total.
Average No. cars per train
7.1-2
229
loaded
217
Avernge No. cars per train
5-5
D. -4
—empty
59
D. $0 04
$12 24
Earnings per loaded car ..
$12 28
Average No. of tons in each
13-32
J. -51
12 81
loaded car
Average No. of tons in each
.
,
278
train
Fi'ghfeams perm. of road..
PasseiiQcr statistics
—
$5,025 54
$9942
$1269
$0-02
$10942
16,63-,859
$2,094 61
16.738.955
$2,309 45
$1245
Earn'gs p-r train niile-/;^.
Ear'gs per train m11e--ro<a/.
Passenger car mileage
Pass, earn'gs per m. of road.
$-(»691
1
39.625
305
$5,019 58
i).
7.27
$5 96
Passenger earnings
$3,850,125 9^ $4,24'S,036 6 7. $394,910 21
5,360,457
/. 266,479
5,<'93,978
No. of passengers caried..
230,596,748 I. 29,598,091
No. of pai-s carried 1 mile. 200,998,657
82
75
Av'ge pass, car'a per train.
r "o k
39-5
43
Avera- e haul for each pass.
In^a
$-792
I.$-036
$756
Average receipts per pass.
Av'ge rec'ts per pass. mile, cents, 1-915 cents, 1 841 D. cents, -074
J>. 2,110
65,029
67,139
No. of passenger trains....
$65 28
$57 34
Passenger ear'gs per train.
'^7„^'k
1>. 70,7^8
4,731.996
4,808,764
Passenger train mileage...
7 $-0965
$8971
$-8006
Kar'gsper train mlle—7'a.s.-f.
Ear gs f.er train nile-J7ai/.
I.
/
D.
D.
2,681
6,617
7,108
7,054
2,901
1,834
1,462
7,542
2,275
5,369
3
/.30.993
r.
159,«45
382.337
236,873
218,773
452,098
213,919
80i.476
60,534
35.687
17,783
24,033
54,909
I.
2,193
/, 1.658
D. 2,702
I. 6,362
D. 632
I. 8,325
I. 1,021
D. 174
I. 8,091
i.14,706
7. 2,740
J. 2,050
I. 4,511
D. 642
V. 4,829
I. 2,694
D. 1,747
D. 12,572
D. 7,619
/. 1,641
I. 1,552
D. 2,889
130
/.
$
$
94.223
69,013
102,5<3
12,822
12,107
9,486
31,917
86,990
10,524
18,698
54,989
—
—1899 —V
Inc. or Dee.
l-^
07
$9,921.006 52
Operating Cost
June 30.—
91,542
62,395
109.612
19.876
9.206
11,320
30,455
79,448
8,250
18,^83
55,287
.
Total
Special
Expenses—
Total
Balance
New York
Traffic
1893.
Freight Traffic Manager
Outside Agencies— Freight
Fast Freight Lines
Traffic Associations— Freight
Htationery and Printing— Freight.
Passenger Traffic Mimager
General Pass'ger and Ticket Agent.
Outside Agencies Pa.ssenger
Traffic A«si>claTion8- Passenger
Stationery and Printing— Passenger.
Advertising
Maintetiayice of
Total, 5 per cent.
"
Distribution.
.
Unissued
Add— Received
[Vol. LXIX.
7.
7.
$0024
$0011
/. $-1000
7.103,096
I. $214 84
Seitember
16,
THE CHRONICLE.
1899.]
t5(3
H.-STATEMENT OF FUNDED DEBT, INTEREST COABGES AND RENTALS.
Name of Road.
RB
C, L. AC.
First Mort^aire
C. I. St L. & O Ry.. First Consolidated Mortgage....
C. I. St. 1.. & C. By.. General First Mortgage
C. C. C. A I. Ry
First Consolidated Mort ^age
C. C. C.
I. Ry.
General Consolidated Mortgage,
&
&8t.
I.
First Mortgage.
L. RR...
&St. L. Ry
&8. Ry
I.
C.
July 1,1869.... July 1,1919....
20
Nov. 1,1882....
Feb 22.1871.
January 1, 1872
(C. V. A C. Ry. First Mortgage) January 1. 18^0
First Consolidated Mortgage... January 1, 188Hept. 1, 1-71....
First Mortgage
(Spring, and Col. Div.4% Mtg.).. O't. 30, 1890...
(White Water Val. Div. Mortg'e) Nov. 1,1890
(St. L. Dlv. iBt Col. Trust Mlg.) Nov. 1, 1890....
(C. W. A M. Dlv. 4% Mortgage). May 9, 1S91....
June 1, 1893....
General Mortgage Bonds
C. &S. Ry
C. C. C.
"t. L. Ry.
Cin. San. &C1.RR..
Col. 8p. &rin. RR..
C. C. O. & St. L. Ry.
C. C. C
.»<t. L. Ry.
C. C. C.
St. L. Ry
O. O. O. & Ht. L. Ry.
C. C. C. A St. L. Ry.
C. C. C.
St L. By. Rentals
A
Nov. 1,1912....
April 1,1901...
January
January
January
1,
1902
19*9
1,
192e
1,
Sept. 1, 1901....
Sept. 1, 1940....
July 1,1940...
Nov. 1,1990 ...
July 1,1991....
June
1, 1993....
M&8
Q-F
J &D
2
\
P.
P.
•
2,000.0001
125,000j
6
7
7
J
5,000,000
4
2,571,0001
5
7
500.000
MAS
MAS
2
41
41
91
92
91
140,000
A AO
JAJ
AJ
J
A
78,000
1,103,730
650,000
10,000,000
4,000,000
11,634,000
J
MAN
J&J
AD
J
$56,440
41,760
307.360
289,660
192,300
2,000,000j
MAN
J&J
Annual Int.
and Rentals.
30,000
140,000
8,750
200.000
128,550
5,460
44,140
26,000
400,000
160,000
465,360
200,000
4
4
4
4
4
$2,834,780
$56,176,730
& W. Ry.
A W. Ry.
AE Ry....
&E. Ry....
April 15, 1879.. January 1,1900
April 2,188-... April 1, 1938...
Feb. 22, 1890... April 1,1940...
First Mortgage Preferred
First Mortgage Preferred
First Consolidated Mortgage
B.
I.
4,13'<,000
3,205,000;
AJ
e.
7
6
4
7
6
696.000
7,684,000
J&J "A'
M&S "B'
M&N"C'
13
2
3
40
29
Int., p.
$792,000,
MAN
J
Rate of
Due. Outstand'g.
Total.
O.
Amount
Interest,
Run when
21
37
15
35
Mortgage
Mortgage
Second Mortgage
A
&
to
July 1,1871.... Hept. 1,1901....
March 8. 1880.. May 1, 1920
August 2, 1886. August 1, 1936.
Junel.1874... June 1.1914. ..
January 1, 1884 January 1, li)34
First
First
&
Tears
Dale of
Maturity.
Date Issued.
Class of Bonds.
I.
J
1
AJ
7&4
$1,000,000
50 ,000
8,500,000
Q-J
39
41
A AO
$55,000
25,000
340,000
22,500
.->
4
Rentals
Total
$442,500
$10,000,000
I.-STATEMENT OF GROSS AND NET EARNINGS, FIXED CH \RGES, AND CAPITAL STOCK FOR TEN YEARS.
1890.
OroBS earnings.
Net eamlnss
Fixed charges.
1893.
1891.
1894.
1893.
1895.
$12,90»,a57 90 $13,131,438 74 113,818,116 9r $11,669,055 61 *13.034,0»9
3,28^,645
4,165,478 03
3,940,446 6>l
3,979,573 63
3,704,269 02i
2,65W,9«1 m, 2,759,171
2,7<;4,841 36
a,592,709 77
2,6:0,174 26
8O,SOO,U0O 00 87,277,400 00 88,000,000 00 38,000,000 OOl 38,000,000
.
.
Capital fitoik
J.—STATEMENT OF MILEAGE
Of Main Track. Double Track, and Sidings, of the various
Links Controlled and Operated by the Big Four System.
Double
Main
Track
Sidings.
Total
Track
—
Division
Cleveland
Cincinnati
Indianapolis
St. Louis
Cairo
Chicago
Miles.
Miles.
137-75
19-62
13-32
174-5-t
203-22
266-34
270-30
320-47
Miles.
1 1-69
9288
Total
269-70
300 80
199
114-26
1698.
1897.
1899.
74 .$18,117,111 2P $14,320,094 4 $14,719,362
3,2.=^2,446 96
S,3ol,7i<i 47
44
4,073,807
71
a,«73,709
2,8S3,9i6 18
2,905,024 40
00! 88,000.000 00 38,00 ',000 0-> 38,000.000
Operating Expenses—
General Expenses.
1898.
$2,935 02
Expenses
Conducting rransportation
Mail. tenance of Equipment
Maintenance of Way
Total
68
75
69
00
1899.
$7,959 67
31,93101
29,47174
630,58-^04
2"1.837 06
384,752:9
612,777 20
344,147 28
3iS3,995 12
$1,322,040 94
$1,348,35101
70-21%
70-85%
Traffic
279 06
81-85
470
3^2 i9
3i7 32
Operating Cost.
53188
Oar Service— Passenser
Car Service— Freight
Or.
I4tf-41
190-87
7-45
42-12
249-03
75 00
S24-03
Total Car Service
Insurance
77314
2,f71-42
$18,524 06
4,003 57
81,7 6 02
$13,289 29
5,174 02
82,564 35
$104,-J83 65
$101,027 66
$1,426,324 59
$1,449,378 67
75-74%
76-15%
NetEamings
$456,78196
$453,838 68
Dedurtions 'rom Income—
InterestOD Bonds
Rentals
$419,12000
2 ,50000
$418,869 67
22,500 00
$441,620 00
$441,369 67
$15,161 96
$12,469 01
47 02
20-54
7006
Whitewater
Sandusky
Michigan
Miles.
1896.
27 $13,6JR,0{7 69 $13,704,534
40
3,370,959 50
3,410,831
8,R44,7i>6 58
90
2,8*4,509
>» 38,000,' 00 OOl 38,000,000
1,838-11
In addition to the above the
tion of the following
60 17
Company
77-51
$329 97
18,8 14
1
Or.
$68 75
13,358 04
lf'8-53
Taxes
controls the opera
Total
:
Track
Double
Track
Sidings
Miles.
Miles.
Miles.
Mai7i
Railway—
Peoria
&
3520O
Eastern
6-48
458 -."iS
48 56
200
•47
•/-47
396-08
113-48
509-56
Kankakee A Seneca
Mt. Gllead Short Line.
10"-53
42 08
.
. .
Total
Total Operating Expenses
Total
Miles.
Total mileage. Big Four
System
88662
60-17
2,234-19
Operating Cost
3,180-98
The Company is also one- fourth owner of the Peoria &
Pekin Union Railway, one-seventh owner in the Terminal
Railroad Association of St Louis, two-fifths owner of the
Indianapolis Union Railway and partial owner of the
Dayton & Union Railroad.
Total Deductions from Income
Balance to Credit of Income
NEW YORK ONTARIO & WESTERN
RAILWAY COMPANY.
K.— EQUIPMENT STATEMENT.
Statement of Equipment Owned and Controlled bt this
Company.
Class.
.
Locomotives—
Passenger
Name of Road.
O. O. O.
A
St.
L.
127
P.
E.
dt
Tot
I.
142
268
Freight
2-.i7
15
41
S-witching
103
8
111
Total.
457
64
521
239
75
27
28
12
25
7
264
4
31
381
36
Passenger Oars
—
Coacues
,
Baggage Cars
Postal (;ars
Parlor, P^y, and Offlcer'a.
Dining and Ca(6
,
Total.
Freight
^2
28
12
417
TWENTIETH ANNUAL REPORT— FOR THE FISCAL
YEAR ENDING JUNE 30, 1899.
Office of the President,
September 1st, 1S99.
New York,
To the Stockholders
For the fiscal year ended June
Oars8,729
Stock
Coal and Flat..
Cahoope
Special
Refrigerator...
Total.
1..— PEORIA
1,314
626
10,043
(j2B
3,106
191
210
3,316
41
2:^2
453
374
lt>7
620
374
13,479
1,732
15,211
A EASTERN RAILWAY.
Comparative Statement of Earnings, Operating Expenses, Operating Cost and Deductions from Income for Twelve
Months Ending June 30, 1898 and 1899.
Xarnings—
1898
18 9.
Freight
Passenger
Mali
Express
Rent*
Total Earnings
$1,300,950 85
494,888 18
6^,482J'2
62,98927
40,740 00
40,74000
2,155 40
2,13128
$1,305,729 60
471,516 40
$1,883,106 55
$1,903,217 35
j
30th, 1899. the receipts and
disbursements of the Company, compared with the preceding fiscal year, were
RECEIPTS.
:
1899.
From Passengers
63,680 70
1898
$641.678 52
3,090,280 34
122,774 23
59,902 18
$4,346,163 35
$3,914,635 27
$709,2fi6 03
"
Bos
{
Freight
"
Mail and Express
Miscellaneous
Total Receipts
3,462.13S0l
111.07>^til
OPERATING EXPE-^SES.
1899.
1898.
$511,532 21
513.578 10
1,677,';0.3 H5
133 047 30
$553,489 31
469,753 68
1,544,816 22
120,718 26
$2,835,P61 46
134,248 91
$2,688,777 47
112,865 23
Total Operating Expen. and Taxes.. $2,970,110 37
$2,801,642 70
Maintenance of Way and Structures....
Maiutenanceof Equipment
Conducting Transportation
General Expenses
Total
Taxes
Net Earnings
Interest, Rentals and Charges
Surplus
$1,376,052 9^
6-<9,688 75
$1,112,992 57
710,532 36
$686,3f4 23
$402,460 21
In the report for 1896 the following statement was
(page 11):
made
THE CHRONICLE.
604
"In order that an accurate comparison with last year's operating
expenses may be placed before you this year, the aocountiDK depart-
ment has included several such capital charges, which, wliile comparatively unimportant in amount and strictly so chargeable, it is
hoped will in the future be embraced in operating expenses. Reference is made more particularly to the following items
Culverts and Passes
Grading, Sloping and Ditches
$3,993 98
8,892 86
Dredging
843 30
Ballasting
8,857 52
.„
$22,587 66
"
Much
of the
main
line
and original branches had never been
bal'
and while a portion of the oost of such work has heretofore
very properly been charged to capital account, still it is cnnsidered
wise to include all such expense in operating cost if the earnings of
the Company justify this policy, as now promises to be the case. In
lasted,
laying heavier steel rails the cost of the increased weight of rail only
has been charged to capital account."
That the earnings have justified this policy there can now
be no question, and it is deemed wise and safe by the Board
to go still ftirther in the direction of including in operating
expenses, not only the increased weight of rails used in
renewals, but other improvements hitherto charged to capital account, and such items, aggregating $63,046 24, so
charged in the present fiscal year, reduce the surplus to
$633,717 99. The items and amounts in detail are
:
Air Brakes for Engines
Air Brakes for Freight Cars
Au torn atic Couplers
Shop Tools
$l,5fil 15
32,664 28
520(0
3P5 00
Shop Boilers
2,472 74
Boiler House. Middletown
Addition to Middletown Boiler Shop...
Addition to Middletown Paint Shop.
Station and Crossing SigLals
-
Steel Rails— Dlft'erence in weight
Track Scales
Street Improvement, Fulton
435 96
993 15
344 94
5, '^41 95
14,227 66
81079
2,488 62
Beginning with the new fiscal year the policy of the Company will be to include in opei'ating expenses every expenditure, save only the cost of such extensions as may
hereafter be made of the main line or branches, or such
actual additions to the motive power and equipment as increase the earning capacity of the Company or produce new
revenue therefor.
Local passenger earnings were .$599,844 10, compared with
$.160,633 09 in the year preceding; through passenger and immigrant earnings were §109,431 93, compared with $81. "45 43.
Mail and express receipts were $111,078 61. compared with
$138,774 33. Freight traffic earnings, coiupared with the
five years beginning with the fiscal year 189."), classified as
in former reports, were:
Through Fr'gbt.
1899.
1898.
$
$
:J84.262 54
Local Freight.... 069,88169
Milk
484,49102
Coal
1,923,502 76
Miscellaneous.
.
(53,680
.
70
3,525,818 71
Total.,
Following
is
1897.
1S96.
1895.
*
^
$
2»8,r)49 07
;J52,697 04
322,03314
637,458 53
587.12819
654,007 76
433,882 60
443.408 48
425,614 10
1,666,242 17 1,722,936 43 1,588,424 36
59.902 18
58,579 86
41.767 43
611,5119^
881,68130
1,581,227 29
38,«i94 6S
8,134,08510
3,946,729 57
3,150,182 62
3,002,362 72
303, J84 34
a comparative statement of operations for
ten years
1800
1891
1892
1693
1891
1896
1896
1897
1898
1899
Kuril. Yen r Oper^g Expen.
riul.Junc30.
and Ta.vef!.
$2,200,44001 *1,768,04243
2,809,70216
2,155,372 16
3,265,417
.S9
2.461,130 39
.•5,688.173
92
2,71-8,225
3.842,119
6:!
^.732,610 16
3,609,11318
2.{!42,4]2 44
2,098,558 06
3,894,402 99
2,780,496 23
3.914,636 27
2,801,642 70
4,346,16335
2,970,11037
the New York Ontario & Western Railway Company to
secure the transportation of the output of that company.
In connection with that transaction, the New York Ontario
& Western Railway Company issued its five per cent notes
extending over a period of years, to the amount of two million five hundred thousand dollars, secured by a first mortgage on all of the property of the Scranton Coal Company,
and further loaned one million four hundred and seventyfive thousand dollars, which are secured by a second mortgage on the coal property, and the transportation of the entire tonnage from the property was tied up to the rail wav
company by contract. To obtain the required funds, one
million dollars of four per cent bonds were sold during the
year, and five hundred thousand dollars were borrowed, as
appears in the accounts of the Company, herewith subThe contract with the Scranton Coal Companv
mitted
promises to prove profitable to the Railway Company, and
the Coal Company will ultimately not only take care of all
obligations assumed in connection with the purchase, but
provide a large and valuable tonnage to the Railway at remunerative rates for many years to come.
The anthracite coal situation within tlie year under consideration assumed a shape which made decisive action on
Some of the perplexing
the part of your Board imperative
problems presented still exist, and until finally settled or
disposed of it is <[uestionable whether the termination of
the voting trust, through the payment of a small dividend,
can safely be considered or acted on.
The Officers and Directors of the Company are desirous of
co-operating with other coal-carrying companies, in such
measures as are clearly essential for the proper protection of
the anthracite traffic and rates, but they believe that the
Company must be placed in a situation sufficiently strong
to enable it to fully protect its own position and proper
place among the otht-r anthracite-carrying railways.
The shipments of milk and dairy products continue to increase from year to year. Extensions of branches into the
superior milk producing sections along the line are receiving the constant attention of the officers of the company,
and it is probable that in this connection something more
may be accomplished within the next fiscal year.
The summer passenger travel also shows an improvement,
and the question of additional facilities and train service
for another year is receiving the constant cons deration of
the company's officers. The reduction of the passenajer rate
per mile from three to two cents resulted in the fir.st year of
its operation in an increase of forty-three per cent in the
number of passengers carried, as well as in a slight increase
in the revenue.
Within a few weeks the Company has sustained a sad loss
by reason of the death of Mr. John Godfrey Moore, who was
an important and esteemed member of the Board. Appropriate resolutions were passed at that time, referring to the
late Mr. Moore's many admirable qualities and the value of
his connection with and interest in the affairs of the CoinEany. The vacancy thus created was filled by the election
y the Board, on June 38th, of Mr. Grant B. Schley, of New
York.
Xft Revenue,
('hniycs.
Surplus.
$132,403 58 $285,961 67 $146,44191
€54,330 00
553.890 08
100,439 3
804,28150
597.262 22
207,019 38
,s.S9.948 90
li3:i,C95 79
256,852 51
1,109,579 47
090.012 ^9
419,566 58
1.026,700 74
700,317 93
320,382 81
1,080,777 45
705,208 02
376,569 43
1.113,906 70
713,995 77
:.W,910 99
1,112,992 67
710,682 36
402,460 21
1,376,0529K
(589.688 76
623,717 99
Oi
8,779,335 51
The report of the General Manager presents the usuil complete details of operation and the financial statements and
accounts from the Treasurer's report cover all financial
transactions for the fiscal year, properly verified and audited, as heretofore, by Messrs. Barrow, Wade. Guthrie
&
Company, Public Accountants.
Again it is my pleasant duty to
call your attention to the
fact that in all departments of the service the employes of
the Company have continued faithfully and intelligently to
discharge their duties.
By
Scranton was opened July 1st, 1890, and since
that date the anthracite tonnage and revenue, including
coal received at Sidney from the Delaware & Hudson Canal
Company, has been in each of the years named as follows:
The
[Vol. LXIX.
line to
Net Tons.
81l,4«5
1,120,416
1,352,225
1,642,063
1,715,991
1,673,861
Revenue.
$782,218 29
1,126,456 77
1,436,.''39 53
1,753.874 34
1,581,227 29
1,588,424 36
I,653,.'i96
1,722,936 43
1,605,508
l,e6H,242 17
1,991,987
1,923.502 76
In accordance with the terms of the First Con.solidated
(Jold Mortgage, all of the five per cent bonds of the Company have either been paid in full, with accrued interest,
or the aggregate amount due upon such bonds as have not
been pre.sented for payment has been deposited with the
Mercantile Trtist Company, as Trustee, for the benefit of the
holders thereof. The mortgage securing the four per cent
bonds is now the first lien upon all of the property of tlie
1891
1892
1893
18»4
1895
1896
1897
1898
1899
order of the Board
THOMAS
P.
FOWLER.
Presideitt.
United States Glass Co. Not in Consolidation —The company after all has not gone into the table-ware consolidation
mentioned above under the heading National Glass Co.—
V, 68,
p. 1183.
Western UnionTelegrapb.— ^i^Marfer/y.— Earnings
(partly
estimated) for the quarter ending Sept. 30 have been reported
Dividends
Balance,
Interest
Xet
3 months ending
:
Sept.
30—
revenue.
charges.
paid.
surplus.
$1,216,989
$208,738
1899 (estimated)... $1,650,000
$224,273
221,273
1,216,985
85,979
If 98 (actual)
1,527,237
Total surplus Jane 30, 1899, $8,066,928. The regular l^i
per cent dividend is payable Oct. 16, 1899.— V. G8, p. 1184.
—The following national banks publish reports of condition Sept. 7 in the advertising columns of this issue;
Conif any.
New York— American Exchange, City, Market and FulIn the last annual report a good deal of space was devoted
to a review of the question of rates on anthracite coal, and ton, Gallatin, Continental, Mercantile, Republic.
Philadelphia— Fourth Street.
an effort was made to show that such rates are reasonable
Tde report of the Chemical National Bank of New York
and could not, in justice to the transportation companies,
be reduced. Since the date of that rejiort it became neces- will be found on the last page of the Quotation Supplement
to be issued on October 7.
sary, in the opinion of your Board, to protect, so far as pos
Statements of several city and out-of-town banks will also
Kible, the interests of the Company in that branch of its
The Scranton Coal Company having [)urcliased be found in the Bankers' and Trust Supplement that actraffic.
Steel Company one of the companies to day's Chronicle.
from the Lackawanna Iron
largest and most valuable available tracts of anthracite
Briggs, Todd & Co. of Cincinnati, dealers in municipal
coal in the vicinity of Scranton. Pa., it became po.ssible for bonds, have opened a New York offi'^e at No. 1 Naseau Street.
&
—
September
IHE CHRONICLE.
16. 1899.]
60d
COTTON.
NiOHT, September
iJ'BiDAY
COMMERCIAL EPITOME.
Friday Night, September
15, 1899,
The general report ou the commercial markets has been of
continaed business prosperity. Confidence in a good fall and
winter trade has been quite pronounced in nearly all lines of
merchandise, and has been reflected in buyers placing numerous orders in advance of their immediate requirements.
Naturally, with the continued good business, prices have
shown strength. The higher rates for money have had some
influence in speculative circles, but in regular business circles
they apparently have had no decided effect. The advices received from abroad have indicated less tension in the Transvaal situation, and prospects are now considered more favorable for a peaceful outcome. Weather conditions have been
seasonable throughout the country, and in the main crop
accounts have been generally favorable.
Lard on the spot has been quiet locally, but at the West a
Values have held
fair export business has been transacted.
to a steady basis, closing at 5 65c. for prime Western and
Refined lard has had a fair sale for
5'25c. for prime City.
export and prices have advanced slightly, closing steady at
6c. for refined for the Continent.
Speculation in lard for future delivery has been quiet, but in sympathy with the better
cash trade at the West prices have held to a steady basis.
DAILY CLOSING PRICES OF LARD FDTCRES.
Sat.
Mon. Tties.
Wed. Thiir».
Fri.
5-70
5-60
5-65
5-65
September
5G5
5-(J,5
Pork has been in moderate demand and steady, closing at
|8 75@9 50 for mess, $11 50 a 12 00 for family and $10 25®
12 01) for short clear. Cut meats have been firm for pickled
shoulders, and pickled bellies have had a fair sale. The close
was at 6@6i4c. for pickled shoulders, 9i^@10c. for pickled
hams, and 53|'@6J^c. for pickled bellies, ]4@10 lbs. average.
Beef has had a fair sale at firm prices, closing at |9 00@
9 50 for
mess,
for
$10 00 @ 10 50
packet,
$10 50 @
for family
and $14 00@16 00 for extra India
11 00
Tallow has advanced, closing firm at
mess in tcs.
4 ll-16@4^c. Oleo stearine has been steady at 6%@7c. Lard
stearine has been quiet at Q%c. for prime City. Cotton seed
oil has been firm but quiet, closing at 26>^c. for prime yellow. Butter has been in comparatively light supply and
prices have advanced, closing at 173^^@23c. for creamer}'.
Cheese has been in moderate demand and steady at 93^(«:
ll^^c. for State factory, full cream.
Fresh eggs ha»e
been firm for choice stock, closing at 18)<c. for choice West
em.
Brazil grades of coffee have been quiet. Owing to the
continued heavy crop movement and the large supplies in
buyers have been indifferent: still as|there has been no
pronounced pressure to sell, values have held fairly steady,
closing at 5i^c. for Rio No. 7. West India growths have
been quiet, bat values for desirable grades have been well
maintained, closing at 7J^@8c. for good Cucuta. Speculation in the market for coniracts has been quiet, and under
limited offerings and absence of aggressive buying, prices
have weakened. Following are final asking prices:
Sept
4-20C. Dec
4*45o. March
4-65C.
sight,
Oct
Nov
4-200.
4 2(0.
•Ian
Feb
4-55c.
4-600.
May
4-7.''0.
July
4-850.
Raw
sugars have been firm but quiet, with no supplies on
closing at 4%c. for centrifugals, 96-deg. test, and
3 15-16c. for Muscovado 89 deg. test.
Refined sugar has
been in fair demand in the way of withdraw^als on contract,
but new business has been quiet; prices have been unchanged at 5i4@5 5-16c. for granulated. Teas have been in
moderate demand and steady. Other groceries have been
well held.
Kentucky tobacco has been firm but quiet. Seed leaf
tobacco has been less active, but prices have been well maintained.
Sales for the week were 1,400 cases, as follows:
250 cases 1898 crop, New England Havana, 20® 60c.: 150
cases 1898 crop, New England seed, 30@50c, 150 cases 1898
crop, flats. l';i^@35c.; 200 cases IbWS crop, Onondaga,
lli^CdlTc; 300 cases 1897 crop, Wisconsin Havana, 9@9^c.
150 cases 1897 crop, Pennsylvania seed leaf, 12@12>^c. 150
oases 1898 crop, Zimmers, 12@14c., and 50 cases IHO"? crop.
Dutch, 13%c.; also 400 bales Havana at 80@92c. in bond
and 200 baks Sumatra at 80c. (c $1 60 in bond.
Locally the market for Straits tin has been quiet, bat
prices have advanced iu resporseto stronger foreign advices,
closing firm at 32'75@32 85c. Ingot copper has been in fair
demand on old contracts, and prices have held steady at
18%@18%c. for Lake. Lead has been in slightly better demand and steady, closing at 4-6i)@4-62^c. for domestic.
Spelter has been quiet and easier, closing 'at 5-50@5-60c. for
domestic. Pig iron has continaed in good demand and firm
at §18@23 for domestic.
Refined petroleum has continued to advance, closing at
8-65C. in bbls., 6-15c. in bulk and 9-90c. in cases.
Naphtha
higher at 10 5()c. Crude certificates have been firmer, clos
ing at $1 44%; credit balances have been advanced to $1 45.
Spirits turpeiitine has been more active and higher, closing
at 4>^3^<@49c.
Rosins have been dull and unchanged at
$1 25@1 21% for common and good strained. Wool has been
firm but quiet. Hops have been quiet and without changes.
offer,
:
:
15,
1899.
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
evening the total receipts have reached 166,563 bales,
Against 107,404 bales last week and 64,831 bales the previous
week, making the total receipts since the 1st of Sept., 18S9,
283,788 bales, against 178,914 bales for the same period of
1898, showing an increase since Sept.l, 1899, of 104,874 bales.
tftls
at—
Bat.
Hon.
^alveBton
Tex. City, &o.
6,915
9,755 10,846
New Orleans...
3,722
1,842
4,807
2,087
9,568
1,736
3,503
4,039
633
savannah
Bma8w'k,&c.
4,493
6,045
5,564
Charleston
Pt. Royal,&c.
Wilmington....
Wash'ton, &o.
Norfolk
3,938
1,656
1.537
1,266
Receipts
Thurs.
7,827
8,815
Fri.
Total.
7,425
51,583
867
867
347
6,245
1,741
4,938
6,228
5,904
'/,084
419
2,507
1,678
1.529
3,445
31.884
8,38«
4,938
35,318
1,529
13,643
3,066
2,141
1,740
1,214
.......
Mobile
Pensaoola, &o.
N'p't
Wed.
Tuts.
531
1.312
462
163
385
1,278
497
153
263
263
326
311
362
News, Ac.
New York
Boston ........
Baltimore
41
311
1,110
147
840
403
458
73
403
158
300
Ac.
Phlladel'a,
10,964
23
4,306
23
week 23,603 27,654 32,630 23.862 23,032 35,782 166,663
Tot. this
The following shows the week's total receipts,the total since
S apt, 1,1899, and the stock to-night, compared with last year.
1899.
Receipts to
Sept.
This
week.
15.
1898.
Since Sep.
1, 1899.
This
week.
Stock.
Since Sep.
1, 1898.
85,626
71.687
32,890
5,706
136,817
15,117
76.446
9,628
26,924
1,176
7,345
51.825
2,140
24,123
24,628
13,030
11.391
3,242
5,662
15
6,609
16,000
3,736
186
289
1
1,823
1,32
1,149
->
1,423
15
3,659
67
980
210
321
3,044
5,679
47.680
4,500
1.864
3,118
283,788 112
8.54
178,914
532,598
263,677
51,583
Tex. C.,&o.
867
New Orleans 31,884
MobUe
8,386
P'sacola, &c.
4,938
SavaDnah... 35,318
Br'wlok,&o
1,529
Charleston.
13,643
P.Royal,&o.
Wilmington. 10,964
Wash'n, &o.
23
Norfolk
4,306
N'portN.,&o
311
New York..
1,110
Boston
840
Baltimore .
403
95.062
50,640
87,423
1,285
693
934
52,724
12,228
7.360
61,482
2.729
21,664
22,493
4,657
15,007
23
8,558
4,707
389
458
Qalveston...
Philadel.&o.
Totals
1898.
1899.
......
• ..a.
18,101
973
5,502
867
8,132
......
166.563
12
166,496
13,0J0
In order that comparison may be made with other years,
we give below the totals at leading ports for six seasons.
Heceipts at—
8alve8'n,&c.
1895.
1896.
1894.
57,030
35,953
5,732
39,621
14,610
17,845
5,038
294
346
23,586
19.080
3,468
25,415
9,371
4,436
3,137
503
others...
51,333
22,493
4,657
18,101
5,502
4,719
3,242
186
2,621
1,990
4,996
20j4
36,732
34.977
8,325
35,882
15,459
9,128
3.273
1,566
3,205
wk.
166,563
112,854
178,113
245,183
91.080
143,547
283,788
178,914
295.471
462,175
15?,42l
275,827
Orleans
MobUe
Savannah..
Ohas'ton,
&o
Wilm'ton, &o
Norfolk
News, &o.
A.11
1897.
52,450
31,884
8,3d6
35,318
13,643
10,987
4,306
311
9,278
New
N.
1898.
1899.
Tot. this
Since Sept.
1
76,837
59.614
9.101
38.139
23.314
11.698
21,138
The exports for the week ending this evening reach a total
of 98,189 bales, of which 48,533 were to Great Britain, 800
to France and 43,^51 to the rest of the Continent. Below
are the exports for the week and since Sept. 1, 18i(9.
tVeth
UoBvartt
from—
Oreat
Bndino Sept. IE .1898.
Exportea to—
France
Brit'n.
(Jalrestou
10.258
Tex. city, 4o.
New Orleani.
Mobile
18.719
Pensaoola....
3,072
From
Sept.
1,
1899, to Sevt 16, 1899.
Exported to-
ereat
Conti- lotal
fVanc«
nent. Week. Britain.
Oont<.
nent.
lotal.
"l6,592
247
10,2c8
8,017
247
18.275
247
ie.885
35,604
29,435
17.848
47,283
8,072
5.3.«4
247
.....
500
Savannah
500
1,366
4,938
3,7b8
7,300
5,560
5,550
5,550
5.650
1'.628
12,828
12.628
12,628
1,226
13,9-25
18,67i
6,317
2,027
1,816
21.223
4.29S
4,640
Brunswick...
Charleston...
Port Boyal....
Wilmington...
Norfolk
N'port N.. &c..
•
>
.
New York
X2.3a«
Boston
Baltimore
8,027
2.063
300
:.232
616
2,078
4.298
2.824
8:o 43,851
93,139
06,561
1.732
6e,BU
124.504
16.624
32.-'»16
SR.14«
7,.S6a
2ft.
'97
67 910
....
Philadelphia..
San Tran.,
Ac
Total
Total.1898
48,538
...
8.546
7,146
THE CHRONICLE.
606
In additloii to above exports, our telegrams to-night aibo
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows. Produce Exchange Building.
We
ON SHTPBOABD, NOT OLBABBD FOB—
Sept.
Leavim
15 at
ereal
Other
Britain. trance. Foreign
NewOrleanB...
Galveston
Savannah
775
20,190
None.
Charleston
Mobile
Norfolk
2,0ii0
New York
4050
3,000
1,500
Other ports
8.000
4,754
20,881
None.
None.
None.
None.
100
None.
wite.
Total.
599
713
None.
800
None.
12 803
54,799
10,000
13,800
3.000
4,200
5.900
14,000
2,700
None.
None.
124,014
30.827
41,S25
10,3^3
12.117
11,800
160,596
22,894
39,515
25,735
48,440
4,812
118,502
414,396
Total 1898. .
Total 1897...
38.503
23,634
9.411
9,802
13,380
22.466
5.318
17,185
66,612
197,065
181,784
73 087
Speculation in cotton for future delivery has been only
moderaiely active, and for the week prices show no decided
changes. As expected, the Bureau report made a sharp falling off in the condition dating the month of August. Inasmuch, however, as bear operators had largely covered their
contracts and prices had previously made something of an
advance in anticipation of an unfavorable Bureau report,
I)rices made no appreciable advance subsequent to its publication.
Furthermore there was a disposition shown by
many local operators not to place full credence in
statements made in the report, claimi ng that
the
they were too unfavorable to be true.
Indicatioas,
judging from results on the foreign markets, were
that the trade abroad also placed practically little
confidence in the extreme statements.
On Wednesday,
however, in large part as a result of manipulation by a
prominent local house, there was an advance in prices of
10@13 points. Thursday the market turned easier again,
prices reacting 5 to 7 points. Foreign markets failed
to respond fnlly to our advance oand sent some selling
orders. Tbe aggressive bujing which was the feature of the
previous day's trading also was missing; in fact, there w as a
general disinclination to buy in the face of the prospective
heavy crop movement, while on the other hand reports to
the effect that rains were needed in the Southwest held bear
operators in check. To-day the market open^ d at a slight
advance in response to better foreign advices than expected.
Subsequently the improvement was lost under limited selling prompted by a free movement of tbe crop. The close was
steady with prices unchanged to 2 points lower for the day.
Cotton on the spot has been quiet, and on Tuesday prices
declined ]-16c. The close was barely steady at 6^|c. for
middling uplands.
On the basis of the rates on and off middling as established
by the Revision Committee, the prices for a few of the
grades would be as follows:
Sat.
Man Tnee
Gtood Ordinary.
Low Middling..
538
&38
6
6
515,6
Middling
67,6
67,^
636
613i6
75,^
613if
6^
751,.
714
QooA Middling.
Middling Fair...
GULF.
Sat.
Good Ordinary.
Low
533
6I4
Middling..
Middling
61»i6
7I18
CtoodMfddling..
Middling Fair
;9 i«
.
'Wed Tb. Frl.
59,6
63i6
55,6
53,6
53,6
579
6%
638
638
6ii,e
6iiie
718
6^
714
mon Tne8
559
6I4
6'iie
7ii«
79,6
lowest and closing prices of
in the following table.
highest,
g
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59l6
63|6
57i«
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6i«
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6S8
688
658
7
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615,
6i6ia
719
7h
738
738
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Total 1899...
UPLANDS.
— rhe
New York are shown
Futures at
stock.
Coast-
6,675
13,015
lO.OOO
11,000
None.
None.
1.760
6,000
FuTUHES.
[Vol. LXIX.
S
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The visible supply op Cotton
CO
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to-night, as made up by
cable and telegraph, is as follows. Continental stocks, as well
as those for Great Britain and the afloat, are this week's returns, and consequently all European figures are brought down
to Thursday evening. But to make the total the complete
figures for to-night (Sept. 15), we add the item of exports from
the United States, including in it the exports of Friday only.
1899.
1898.
1897.
1896.
707,000 387,000 423,000
Stock at Liverpool
...bales. 805.000
3,000
4,000
3,000
Stock at London. .
3,000
Total Great Britain stock. 80f,000 7li>,000 3»1,000 426,000
is- ,000
32,000
Stock at Hamburg
20,000
33,000
71,000
50,000
Stock at Bremen
136,000 108,000
5,000
1,000
Stock at Amsterdam
1,000
2,000
iOO
VOO
:-00
viOO
Stock at Rotterdam
13,000
2,000
9,000
Stock at Antwerp
4,000
119,000
65,000
Stock at Havre
136,000 120,000
.^,000
6,000
4,000
Stock at Marseilles
6,000
61,000
52,000
Stock at Barcelona
94,000
5S000
16,000
29,000
22,000
Stock at Genoa
22,000
33,000
13,OoO
19,000
Stock at Trieste
17,000
Total Continental stocks
450,300 355,200 241,200 355,200
63 ,^00 781, -200
Total European stocks
l,V!58,a00 I,0ri5,v00
37,000
18,000
40,000
India cotton afloat for Europe
17,000
55,000 152,000
Amer. cotton afloat for E'rope. 120,000
83,000
6,000
13,000
12,000
Egypt, Brazil, &c. aflt.forE'pe
14,000
26a,677 254,»71 487,303
Stock in United States ports.. .•i32,893
223,091
129,694
130,836
Stock in U. 8. interior towns.. 288,553
12,120
6,'>70
13,477
United Stat«s exports to-day.. 15,54S
Total visible supply
2,246,296 1,601,283 i,116,24-.5 1,698,714
Of the above, totals of American and other descriptions are as follow s
.
STAINED.
Low
Sat.
Middling.... ......
51,6
mon Tue8 Wed
5lie
5
5
6
Middling
6
51^18
Strict Middling
67s2
6'W 65s-,
67,0
638
638
Good Middling Tinged.
67,6
Note. -Quotations Sept. 8 to 13, inclusive, on basis of
lished Nov. 16, 1898; tnose for 14th and 15tli on basis of
Tb. Frl
478
578
6i«
473
578
6^
638
rates estabrates estab-
lished Sept. 13.
The quotations for middling upland at New York on
Sept, 15 for each of the past 32 years have been as follows.
I875....0.I419
1891. ,..c. 89ifi
1883....C.1038
1899. ...C. 638
10%
12iijg 1874
1678
1882
I2I4
2014
1138
1881
1873
21
1880
11'3,6 1872
107,6
8^
8I4
2118
978
1887
1879
126,6
1871
Ills
678
914
lS*ifl
1886
1878
1870
838
SOifl
1885
lOiiB
1877
Ilk
1869
1088
11^8
1884
25
1876
1868
73ie
MARKET AND SALES.
The total sales of cotton on the spot each day during the
week are indicated in the following statement. For the
convenience of the reader we also add columns which show
at a glance how the market for spots and futures closed on
same days.
1898
1897
1896
1895
1894
1693
1892
511,6
738
1890
1889
1888
Spot Market
Closed.
Batnrday
Monday..
Tuesday
Qnlet
Quiet
Quiet at 1 16 dec
Wednesday Wniet ...
Thursday. Qnlet...
Quiet...
Friday
.
TotaL.
.
F0TDRE8
Market
Closed.
Steady
steady
Sales of Spot
& Oomtraoi
Ex-
Oorv-
Con-
port.
sump.
tract.
100
881
50O
Total.
981
500
B'rly steady.
850
445
120
445
970
950
1,446
500 2.806
Steady
Easy
Steady
,
AmericanLiverpool Stock
Continental stocks
American
bales.
afloat for Europe...
United States stock
United States interior stocks.
United States exports to-day..
739,000
38=1,000
120,000
532,«98
288,5.'i3
629,000
292,000
83,000
263,b77
130,836
6,570
15,545
2,080,996 1,405,083
285,000
177,000
55,000
254,-^71
303,000
24."i,000
152,000
487,303
223,091
12.120
129,694
13,477
915,04^ 1,422,514
Total American
East Indian, Braail, die—
102,000 120,000
78,000
Uverpool stock
66,000
3,000
4,000
3,000
London stock
3,000
64,v00 110,200
63,v00
65,:^00
Continental stocks
37,000
18,000
40,000
17,000
India afloat for Europe
6,000
1,000
l-i.OOO
12,000
Egypt, BrazU, Ac, afloat
27«,v00
19h,v;00
i!01,200
Total East India, &o
165,b00
Total American
2,080.996 1,405.083 915,0*2 1,422,514
2,24b,29tj l,60i,,i83 1,110,24^ 1,«»8,714
Total visible supply
4'-:i3nd.
4i,fd.
3732d.
Middling Upland, Liverpool..
39, ed.
5ii,60.
SiflC.
7o.
6380.
Middling Upland, New York..
6',8d.
5d.
438d.
EgyptGooa Brown, Liverpool SHied.
6i4d.
6ied.
Q\A.
6»»i6d.
Peniv. Bough Good, Liverpool
46,8d.
4d.
Broach Fine, Liverpool
S^sd.
37, ed,
4ied.
4%d.
Sied.
Tlnnevelly Good, Lfverpool...
33ed.
([|^>- The imports into Continental ports the past week have
been 17,000 bales.
The above figures indicate an increase in the cotton ia
sight to-night of 645,013 bales as compared with the same
date of 1898, a gain of 1,130,0'. 4 bales over the corresponding
date of 1897 and an excess of 547,582 bales over 1896.
September
THE CHRONirLE
16, 1899.]
Hur
—
movement—that is the receipts
Quotations for Middling Cotton at Other Markets.
for the week and since September 1, the shipmente for the Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
week and the stocks to-night, and the same items for the
0LO8INO QUOTATIONS FOB IDDDLIHa OOTTON ON—
corresponding period of 1898— is set out in detail below.
Week ending
At the Intekioe Towns
the
Sept. 15
Galveston. .
New Orleans
Satur,
Mon.
IFuet.
83iQ
63 18
51^18
513,6
6>«
5^
5%
5''8
515,fl
Mobile
Savannah...
5i3ja
5%
Charleston..
Wilmington.
Norfolk
Boston
Baltimore
00 colo 00
Vi
03M'-«K>l-'Mh^M
M -3 V it'V' « ©'© o« a*"' ©
MWaM^tO
lo ts
to"© 03 -3 -j
*»(»
w m'o^
03
©-
O>03t0M ©83QDXCl<©©lf'CTCCl^M»JCOWWi«©ac*>.i.-CO<l-'
o<o>aDt9aotoi^aDa30*-)©^9c;<u<03'4cotoah-^03©coc^i->aoco-'
tOOSMCO
*
0"
©tO^MtStOk^W
CJi1*»"MaD>-'©O«03»]0<bl»*»M'o:lf>
W"'
t3
ex 01 1^ 1^ to
«<>• to 00 03'-
I•
!©
'"1
031^03
5\
5%
S's
5 'a
6's
6i«"
e-^ie
638
638
6>fl
eiiie
6lli«
61l6
6"4"
6
Memphis...
5''8
5 '8
6
6
6^
6
Louis...
Houston
dncinnati
5'8
Louisville.
6^
©O't0C3h3©Wr--J-O»aM*>.<a<0DOnrt5Mt0l-'<I*kt0«CO»O3*ktv©
<l©Q0MO3©(X)<lC0<](Z>©r-G0l(^a3O3COM©UI>JCO«00»aCCO;Ot5p'
M to
lOMp ^^'^^
M_W
w to
^OSC'cXXlM 00 W
M> M 01 W CO CO MMM
^ tO«JWQDlfk WMMh-OSOJC^OOM
WMMtO -1**CX©OOto;
5%
51^18
6ifl
Fri,
5i5ie
5%
5%
5%®13jg
6I9
638
6ifl
658
6
608
61l8
6
6
6
6
6
6
6
63l8
5'8
6i«
63l8
658
61
5''8
"a
6ie
6l8
The closing quotations to-day (Friday)
^WM
01
il^
6^5l5i8
513i6
5iiia
6i«
5i5ie
513i8
51116
6Jfl
St.
10
6ie
6-16
Thurt.
Philadelphia
Augusta....
.
W
6ie
67,6
Wednet.
at ottier
importat t
Southern markets were as follows.
Athens
Si^ig
Columbus,Miss
S^s
Nashville
538
Eufaula
Natchez
5%
5^
S^i
Raleigh
6
Little Rook....
5^
6
5*3
Montgomery... 5^
Shreveport
Columbus. Ga. 5^
Weather Reports by Telegraph.— Reports to us by tele-
Atlanta
Charlotte
*>
03M'
ex »- 03
03C0;
aoa»<
a©»^i'>'Oi9<©oo3CD©- H>'^a3it^coMt9W)F^cneo©h'oox
1^
ifc
03
r- ex
;3
«©^SC0O03
graph
South
evecing indicate that over a large portion of the
or no rain has fallen the past week. Asa result
further deterioration of the crop is claimed in those sections
where moisture is needed. Cotton has opened rapidly, and,
favored by the weather, picking has made excellent progress.
In some districts however, a shortage of labor is reported.
'((".'OD*'.
|->
M 03
«<!(>'•-•
to
ft-S-2
!-•
,-•
r->W>q|^itkecMtOi-'i«k<)
W»a' Oe;'COtO'^©W©I^MOD»l®r-CDCX03QCCX«'«J
i^e;i>-'«ooD©viiocoi»^©coi-'*'itk*»toootoM
©l-«tSH'0n«3©O'O©C00UC0«<W*k<l»»aiCI>00
1
flcwj'«x*»toi^'-cx;
©©©MM3<©XI-'.
this
little
,
*»(»
iCki^M
toatoot
tOtO
Vt^taO) ex M © ex tC M ex to <) M OO 01 to «-• © to W Itk to M to cc «» ©
<i»-*k©^^to>-'o»Mio©to©aexato©-Jh-<io^ <!-•
it'totoo
i-'<iextob5©ci-'xaocx'^^to-jex'vicoco»JcxQDK-ce©wao#»^w©
The movement
to
market
is
quite free.
ife.
M
M M A
tOMKM
M
•-•f
w
OMi-
*-to
Oalveston, Texas.— It has rained one day of the week, to
the extent of one hundredth of an inch. The thermometer
has averaged 84, the highest being 91 and the lowest 77.
Brenham, Texas. Dry weather has prevailed all the week.
The thermometer has averaged 84, ranging from 69 to 99.
Columbia, Texas.
have had rain on one day of the
past week, the precipitation reaching thirty-two hundredths
of an inch.
The thermometer has ranged from 66 to 90,
—
ap3t->
^'Mex©>-'>-'cxtoo3« w©Meoa»(-i<iwi-' Mto©ib tOMexo>«'©*o
exto^(X)t«o;cocoaoS';x<)jD©cSi('h'toto<x>©©tvMii^to©cOi^t3<i
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exH03-
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to
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r-f-
'-•i^
wt-MM- ccctfcototcexi-" ex #-MOi->>-if^o:ioi-'f-'ao' odqdco
ifc©a>-; to-txwcxool *'Cxoi<»ex©ifcvjK)©exo3i6.ui', oaif«
i^MMO- ©©aooa>©>4- cx©coM©M©aoQDac]aD©cou< ©©co
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00
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;
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—We
GO
!?»=
averaging
to
t0^5V^VM^OOO©tOMOo'o'©M©MoV^V Wife
•-'©M©©X*-CD©© W<l©^eXQ0M(O^M-q
,U to 3J O ex X ;x If <1 r- 00 M — tooo©co©«
!>> Cri
—
©
The above
totals sliow that the interior stocks have in.'
week 33,618 bales, and are to-night 157,717
same period last year. The receipts at all
been 14,173 bales more than same week last year.
creased during the
bales more than at
towns have
Overland Movement for the Week and Since
We give
Sept. 1.—
below a statement showing the overland movement
for the week and since Sept. 1, as made up from telegraphic
reports Friday night.
The results for the week ending
Sept. 15 and since Sept. 1 in the last two years are as follows.
1899.
September 15.
Week.
Since
1.
Since
Week,
Sept.
1.
Via Cairo
Via Parker
Via Rock Island
ViaLoulsvUle
Via Cincinnati
Via other ronteB. Ac
.
Total groBB overland
$Mpmentt—
Overland to N. Y.,BoBton, &o.
7,500
14.317
816
1,374
i".783
3,596
1,572
7,189
2,530
"406
1,346
1,068
5.883
1,562
2,015
583
517
12,513
'<12
1
524
1,317
25,151
6,810
13,136
2,811
5.277
1,648
163
8
812
4,047
23
1,580
Between Interior towns
Inland, Ac, from South
1,903
181
3,159
Total to be deducted
4,877
8,617
2,46g
5,650
Leaving total net overland*.
7,636
Including movement by rail to Canada.
16,534
4,342
7,486
*
The foregoing shows that the week's net overland movement
this year has been 7,636 bales, against 4.312 bales for the
week in 1898, and that for the season to date the aggregate net
overland exhibits an excess over a year ago of 9,04S bales.
1899.
In Sight and Spinnen'
Takings.
Week.
Reoeipts at ports to Sept. 15.... 166,563
7,ti36
Net overland to Sept. 15...
Bouthern consumption to Sep. 15 28,000
Total marketed
lowest
69.
— We
Dallas, Texas,
have had rain on one day during the
week, to the extent of three hutdredths of an inch. The
thermometer has averaged 79, ranging from 58 to 100.
Buntsville, Texas.
have had rain on one day of the
— We
week, the rainfall reaching one inch and twenty-three hundredths. The thermometer has ranged from 63 to 95, averaging 79.
Palestine, Texas. There has been no rain during the week.
Average thermometer 82, highest 96 and lowest 67.
Luling, Texas— There has t)een a trace of rain on one day
during the week. The thermometer has averaged 82, the
highest being 98 and the lowest 66.
San Antonio, Texas, There has been rain on two days of
the week, the precipitation being five hundredths of an inch.
The thermometer has averaged 81, ranging from 66 to 96.
Weatherford, Texas. There has been heavy rain on one
day the past week, to the extent of one inch and thirty- three
hundredths. The thermometer has ranged from 59 to 96,
averaging 78.
New Orleans, Louisiana. There has been rain here one
day of the week, the rainfall reaching five hundredths of an
inch. The thermometer has averaged 83.
Shreveport, Louisiana. There has been a trace of rain on
one day of the past week. The thermometer has averaged
81 ranging from 63 to 93.
Columbus, Mississippi.— It has rained on one day of the
week, the rainfall being sixteen hundredths of an inch. The
thermometer has ranged from 66 to 94, averaging SO.
Leland, Missisippi. Cotton is clanned to have deteriorated about one third aa a result of hot and dry weather and
boll wprms.
We have had no rain during the week. Average thermometer 75-4, highest 94, lowest 55.
Vicksburg, Mississippi. There has been but a trace of
rain during the week. ' The thermometer has averaged 78,
the highest being 90 and the lowest 60.
Greenville, Mississippi.— The weather is|clear and pleasant,
and picking is progressing rapidly.
Little Rock, Arkansas.— R&in has fallen on one day of the
week, to the extent of one inch and forty hundredths. The
thermometer has averaged 76, ranging from 58 to 98.
Helena. Arkansas.— Cotton is opening rapidly but labor is
scarce.
We have had very light rain on one day during the
week, the rainfall being one hundredth of an inch. The
thermometer has ranged from 55 (this morning) to 91, averaging 74 5.
Memphis, Tennessee.— Rain fell on Sunday to the extent of
tw enty-four hundredths of an inch. The early part of the
week was hot, but latterly it has been cool. The condition
Picking is active.
of the crop has further deteriorated.
Average thermometer 75-7, highest 90, lowest 58- 1.
—
—
Skipped—
Via St. Louis
Dtd/uet
1898.
Sept.
78.
Corpus Chriiti, Texas.— We have had rain on one day of
the past week, the rainfall reaching forty-four hundredths
of an inch. Average thermometer 74, highest 88 and lowest 68.
Cuero, Texas. There has been rain on one day of the week,
the rainfall reaching one inch and fifty hundredths. The
thermometer has averaged 84, the highest being 99 and the
.....
Interior stocks In excess ..^
...
202.199
33,618
Came into sight during week. 235,817
Total in sight Sept. 15
North'n spinners tak'gs to Sept 15 19,856
1.
Week.
Since
Sept.
1.
283,78? 112,^54
16,534
4,342
61,000 26,000
178.914
7.486
62,Ooo
361.322 143.196
45,370 19.703
248.400
26,717
162,8£9
466,692
38,050 17,227
—
—
,
—
—
1898.
Since
Sept.
—
275,117
29,749
It will be seen by the above that there has come into sight
during the week 235,817 bales, against 162,899 bales for the
same week of 1898, and that the increase in amount in sight
to-night as compared with last year is 131,575 bales.
THE CHRONICLE.
608
[Vol.
LXIX.
—
Nashville, Tennessee. There has been rain during the week, been very favorable for picking, which is being pushed, and with
favorable conditions will be completed in some localities
October
the precipitation reaching forty-three hundredths of an inch. 1. One-half of the crop ia already gathered in Tennessee. bThe prosbeing
and
thermometer
has
averaged
highest
97
The
78, the
pects are poor for a top crop In Texas, Georgia and South Carolina,
although late cotton is stUl blooming in the last-named State.
the lowest 56.
Mobile, .4Za6awa.— Picking is active. It has been dry all
Jute Butts. Bagging, &c —Jute bagging has been in good
the week. The thermometer has averaged 82, ranging from
55^(a
demand
the p>tst wck. at unchanged quotations, viz
67 to 94.
Montgomery, Alabama. There has been rain on one day of f^^c. for l%lbP. and63^@6i^c. for 2 lbs., standard grades.
I'OSc. for paper quality and l%c.
the week, the rainfall reaching twenty-four hundredths of an Jute butts continue firm at
inch. The thermometer has ranged from 65 to 94, averag- for mixing to arrive.
ing 81.
European cotton consumption to Sept. 1.— We have
Selma, Aldhama.—CottOTi is being gathered rapidly. There
received
to-day (Friday) by cable Mr. Ellison's figures brought
There has been
is no change for the better in the situation.
down
We have also received the revised totals
to Sept. 1.
no rain the past week. Average thermometer 81, highest 99,
lowest 61.
for last year and give them for comparison. The spinners'
Madison, Florida. We have had rain on four days of the takings in actual bales and pounds have been as follows:
past week; the rainfall being one inch and forty hundredths.
The thermometer has averaged 83, the highest being 94 and
Qreai Britain. Continent.
Total.
veiooer 1 to Sept. I.
the lowest 70,
Augusta. Georgia. Rain has fallen on one day of the week
for 1898-99.
to the extent of eleven hundredths of an inch. The ther- Takings by spinners... bales
3,231,000
4,706 000
7,937.000
mometer has ranged from 65 to 95, averaging 82.
496-2
514
484
Average weight of bales lbs
Savannah, Georgia. We have had dry weather all the Takings in pounds
1,660,734.000 2,277,804,000 3,938.588,000
week. The thermometer has averaged 82, ranging from 72
:
—
—
—
—
to 92
Charleston, South Carolina.
have had rain on one day
during the week to an inappreciable extent. Average ther-
— We
mometer 82, highest
92, lowest 74.
Stateburg, S('Uth Carolina. Cotton is opening very rapidly but picking lags behind, farmers being unable to keep up.
Two-thirds to three-fourths of the crop is already open.
There has been rain on one day during the week, the precipitation reaching seventy- four hundredths of an inch. The
thermometer has averaged 77 '7. the highest being 93 and the
lowest
—
65.
Greemvood, South Carolina. - It has rained on two days of
the week, the precipitation reaching one inch and thirtyfive hundredths.
The thermometer has averaged 73, ranging
from 64 to
83.
Manchester Market. — Our reporc received by
cable
steady
to-night from Manchester states that the market is
for both yarns and shirtings. Manufacturers are working
at fair profit. We give the pricts for tj-day below ar a
leave those for previous weeks of this and last year for
comparison.
1898.
1899.
8I4 lbs. Shirt- CotVn
32s Cop. ings, common Mid.
Twist.
to finest.
Uplds
d.
d.
Ag.n
s.
d.
s.
d.
5
a?
5i«a>7
-©7
6
6
®7
Twist.
d.
d.
4 4ia®7 2
4 4ia®7 2
" 18
•'
25 il5,6-613ifl 4
we's 4
3ep. 1 6
-an '8
4
6
" 1"^ 6 -aH's 4
32s Oop.
d.
21s
3
S
3
iis
39,
39,
a-k
d.
714
4
4
Oi2»S 7
4
4
-3)6
6ifi
®6
-as
6I3
eia
®8
6
4
57,8 @6l4 4
According to tne at)ove the average weight ol the deliveries
Great Britain is 314 pounds per bale this season, against
507 pounds during the same time last season. The Com mem al
deUveries average 484 pounds, against 484 pounde last year,
4nd for the whole of Eurnne the deUveries average 496"2
Our
pounds per bale, against 493*3 pounds last season.
iispatcb also gives the full movement for this year and last
/ear in bales of 500 pounds.
Oct. 1 to Sept. 1.
Bales of 500 lbs. each,
OOOs omitted.
Spinners' stock Oct.l.
Takings to Sept. 1
d.
3ifl
338
35|^
311.'H2
393
3732
91,0
91,0
91,0
93,0
93,0
93,0
94,0
94,0
94,0
94,0
94,0
00s omitted.
October
November
December
January
September 1 is given below
The monthly report of the Statiscian
In July
Department of Agriculture shows the averago condition of cotton on September to have
last month, 79 8 on September 1,
been 68*5, as compared with 84
1898, 83 at the correspondins; date in 1897, and 784 the mean or
the September averages for the last ten years. The condition on the
first of the iiresent month was, with the exception of the year 1896,
1
the lowest Septi-mber condition in twenty-five years.
There was a general impairment of condition during August amounting to 6 points in Alabama, 8 in Mississippi and Tennessee, 10 in
North Carolina and Georgia, 12 in South Carolina and Louisiana, 16
in Florida, 20 in Oklahoma, 24 in Arkansas 26 in Texas aud 40 in
Indian Teiritory. The serious decline in condition is the result in the
main of long continued drought. Where local rains have fallen they have
generally been so heavy as to still further aggravate the situation.
Taking the above figures for September in conjunc«^ion
with those for the previous months, we have the following
comparisoQ between this year and last year.
69,0
69,0
69.0
69,0
69,0
Mississi I) oi
79
87
86
8S
88
86
78
Louisiana
81
Texas
90
80
Georgia
Florida
Alabama
Arka sas
Missouri
Oklahoma
Indian Territory
Average
9t
81
84
88
85
90
88
83
85
93
82
88
88
78
91
88
83
78
79
93
82
86
h6
87
86
84
86
80
93
87
73
66
6^
77
76
78
74
61
62
76
85
60
53
8^•7
87-8
'4'0
68 5
85
Tennessee
....
86
8-!
86
S6
85
89
76
89
1
89
69
96
90
96
82
80
93
87
90
90
83
91
94
90
92
93
92
87
92
89
89-0
91-2
91
'
94
90
89
91
87
95
88
90
91
93
97
90
98
94
91
91-2
79-8
84
81
80
73
80
78
76
75
89
95
94
90
98
Government Weekly Cotton Report.— Mr. James Berry,
S. Weather
Chief of tae Climate aod Crop Division of the
Bureau, made public on Tuesday the telegraphic reports on
the crops in the Southern States for the week ending Sept.
11, summarizing tiem as follows
Reports of the premature opening of cotton are general in the east
ern and central poitions of the cotton region, and picking is progress
iug as lapidiy as po»sii)le in all s.-otlous. The crop has been dam
aged by local rains in South Carolina aud Northern Georgia, and
seriously Injured by drought in Arkansas. In Texas the weather has
U
:
Augist
fi9
Average weekly consumption is as given by Mc Ellison; deduction
from month's total being made on account of holidays.
'
—
Shipping News. As snown on a previous page, the
exports of cotton from the United States the past week have
reached 93, '89 bales. The shipments in detail, as made up
from mail and telegraphic returns, are as follows:
Total balei.
Liverpool, per steamers Georgio, 7,823
12,399
Nomadic, 2,593... Servia. 1,983
To Havre, per steamer La Champagne, 300 (including 200
300
round counted as 100)
300
To remen, per steamer Kaiser Wilhelm der Grosse, 300...
79
To Hamburg, per steamer Pala'ia, 79
300
To Barcelona, per sie=imer Ems, 30t>
337
Hesperia, 187
To Genoa, per steamers Ems, 150
210
To Naples, per steamer Ems, 2 10
New York—To
'
4,119
June. July. Aug. Sept.
1
In
New 0KLEAN8— To
1898.
1
4,460,
69
In February
In March
May
of the
Total.
441
69,0
69,0
69,0
69,0
In
In
In
In
June
Virginia
North Carolina
South Carolina
4,556,
1897-98.
Weekly Consumption,
In
Sept.
56,
3,321,
537
In
June. July. Aug.
Continent.
100
The Agricultural Department's Report for Septem
BER 1.— The Agricultural Department's report on cotton for
1899.
Qreai
Britain
4.997
InApril
Stales.
1898-99.
Supply
3377,
Consumpt'n. 48 weeks' 3,277
Uplds
d.
8.
1
©t)
s.
7,888,000
493-3
3,8<»1 ."01.000
in
Spinners' stock Sept. 1
8I4 lbs. Shirt- Ootl'n
ings, com.m.on Mid.
to finest.
31530 iiij8®6ifl
37,. 59i6 a'638
317
5>« a6i,H
31532 513 ®65,
For 189T-98.
3,186,000
4,702,000
Takings by spinners... bales
507
484
Average weight of bales. lbs
1.615 570 000 2.276.131.00"
Takings in pounds
Sept.
Liverpo 1— Sept
8— Steamer
14— Steamers Craftsman,
Jamaican,
12,000; "iucatan,
19,719
2.60D....
To Hamburg— Sept. 14— Steamer Andoni, 76
To R "tterdam— Sept. 13 -Steamer Muflificient, 100
To Barcelona— Sept. 8— Steamer Bereuguer el Grande,
Sent. 14— Steamer Ambota, 129
2.94
To Corunna— Sept. 8 Steamer Berenguer el Grande, 600..
To Per lol—Sept. 8—Steamer B-reuguer el Grande, 500
To Genoa- Sept. 12— steamer S'cilia, 9,086
To Naples— Sept. 12— Steamer Sicilia, 1,200
To T. teste— Sept. 9 -Steamer Rigusa. 1,000
To Venice- St-pt. 9— Steamer Ragusa, 2,0ao
Galveston- To Liverpool— Sept. 1^- Steamer Vala, 4,418
Sept. 13— Steamer Comiuo, 5,840.
To Hamburg— Sept. 9-SteamerAdalia, 1,300
Steamer Germania,
Sept. 13 —
1,68-1
To Antwerp— Sept. 9 - Steamer Corby Castle, 2,350
Texas City, itc— To Mexico, per railroad, 2 17
PBN8ACOLA— To Liverpool -Sept. 13— Steamer Vivian, 3,072...
To Bordeaux—Sept. 14— Steamer Rome. 500
To Geuoa— Sept. i4— Steamer Nethergate, .Stiti
Savannah-To Bremen- Sept. s -Steamer Forest Brook. 5.550
Wilmington— To Bremen Sept. Iz— Steamer South Africa,
12 ti28
r<08T0N— To Liverpool— Sept. 5— Steamer Cestrian, 1,012 ...
Sept. 12— Steamer
Sept 11— Steamer Michigan, 1^8
Derbyshire, 867
BATTiM.iRt;— To Liverpool -Sept. 6— -steamer ladore. 2,063
To Bremen- Sept. 13— Steamer H. H. Meier, "1*
To Hamt)urg— Sept. 11— Steamer Bothani*, 200
lotaJ
76
100
2,323
600
S'O
9,086
1,200
1,000
2,000
10,258
2,984
2,
'50
'J*?
3,072
5
1,366
5,550
12.628
2.027
2,06^
615
200
93'189
September
is
New York
C!otton freights at
follows.
CHRONICLE.
THt?
16, 1899.]
week have been buying
the past
Man.
8atur.
Wedne$. Thur$.
Tuet.
^
^
^
18
^
l8
30*
30*
30*
30*
30*
30*
35
25
30
35
25
30
35
25
30
35
25
30
35
25
30
35
25
30
Rotterdam
271s
i7l2
2712
27i«
271a
i7l9
45
45
40
45
45
45
40
45
45
40
45
45
40
45
45
40
35^40
35®10
35®40
35
35
35
35
35
35
d.
l8
^
l8
i«
l8
19
Qlient,v.Aiitw'p.(f.
»:!2
Reval,
Do
Do
e.
Hamb..c.
V. HnU.-.c.
V.
V. C!open..c.
Qenoa.
c.
Trieste, direct... e.
Antwerp
^32
533
—
Sales of tlie
week
bales.
Of which exporters took...
Of which speculators took.
Sales
American
Actual export
Forwarded
Total stock— Estimated
Of which American -Est'd.
Total im port of the week
Of which American
Amount alloat
Of which American
25.
Sept. 1.
Sept. 8.
34,000
2,000
38,000
3,000
52.00C
4,00c
31,000
9,000
38,000
945,000
869,000
21,000
16,000
15,000
10.000
33,000
8,000
54.000
890.000
816,000
7,000
3,000
24,00t
20,000
49,000
12,000
52,000
813.000
774,000
14,000
6,000
32.000
29.000
The tone of the Liverpool market
for spots
and
each day of the week ending Sept. 15 and the daily
prices of spot cotton, have been as follows,
Fair
Moderate
u.\ demand business
doing.
Market,
1:45
p.
)
Mid. Upl'ds.
Rales
Spec.
Monday.
Sat'day.
Spot.
& exp.
317.32
39lfl
6,000
10.000
500
500
Ttiesday. Wed'day. Thurtd'y
Fair
Good
business
doing.
demand.
31732
31730
10,000
1,500
12.000
1,000
Good
demand.
Market,
}
Market,
4 p. M.
i
Basy at Steady
2-«4 decline.
Steady.
^
Steady at Steady at
at
2-e4 ad-
Easy.
vance.
Quiet but
stead;
Friday.
Fair
business
doinpr.
10,000
500
1-31 de-
2-U ad-
cline.
vance.
Quiet at
partially
1-64 dec.
nion.
Sat.
9 to
15
Steady.
Easy.
Quiet.
Taes.
UTed.
Tliars.
Frl.
1:45 4 1:45 4 1:45 4 1:45
1:45] 4
P.M P.M, Ip.h. P.M. P.H, P.M. P.M. P.M. P.M. P.M. P.M. 'p.m.
121*
d.
d.
I
d.
<f.
d.
September. 3 28 3 28 3 30 3 29 3 28
8ept.-Oct.
3 26 3 26 3 28 3 27 3 26
Got. -Nov... 3 25 3 253 27 3i6 3 24
Nov.-Deo.. 3 24 3 24 3 25 3 25 3 23
Dec. -J an.... 3 23 3 23 3 25 3 24 3 23
Jan.-Feb... 3 23 3 23 3 2.'> 3 24 3 23
Feb.-Moh... 8 24 3 24!3 26 3 25 3 23
Mch.-AprU. 3 2'» 3 25|3 27 3 26 3 24
April-AIay. 3 25 3 25j3 27 3 26 3 25
May-Jane 3 26 H 26 3 28 3 27 3 25
Jnne-Joly 3 26 3 263 28 3 27 3 26
July- Aug... 3 27)3 27l3 29 3 28 3 26
.
d.
d.
3 28 3 28
3 26 3 26
3 24 3 24
3 23 3 22
3 23 3 22
3 23 3 22
3 23 3 23
3 24 3 23
3 25 3 -^4
3 25 3 24
3 26 3 25
3 26 3 26
d.
d.
d.
3 28 3 30 3 30 3
3 26 3 28 3 28 3
3 25 3 27 3 26 3
3 23 3 25 3 25 3
3 23 3 25 3 24 3
3 23 3 25 3 24 3
3 23 3 2.5 3 25 3
3 24 3 26 3 25 3
3 25 3 26 3 26 3
3 25 3 27 3 27 3
3 26 3 28 3 27 3
3 26 3 28 3 28 3
d.
d.
30 3 29
28 3 27
26 3 26
4 3 24
24 3 24
24 3 24
24 324
25 3 25
26 3 25
26 3 26
27 3 27
27 3 27
BREADSTUFFS.
Friday, Sept.
15, 1899,
the market for wheat flour has been on a
moderate ecale only. Reflecting, however, a slight improvement in values for the grain tbere has been a fairly good
undertone, prices being well maintained. The demand from
the home trade has been of a very conservative character,
buyers taking only such supplies as have been needed to meet
current wants, and the export demand also has been on a
limited scnle. City mills have had a moderate sale at steady
values. Rye flour has been in better demand and full prices
have been paid. The season for buckwheat flour has opened,
but thus far prices quoted have been largely nominal.
Corn meal has been in fair demand and firmer.
Speculation in wheat for future delivery has been only
moderately active, and the changes in prices have been
Eany in the week, awaiting the Government report,
slight.
there was little disposition shown to operate on either side of
the market, although there was a slight sagging of values
for the distant months under the weekly statistical reports,
which were of a beaiish character. Tuesday, subsequent to
the receipt of the Bureau report, which was generally interpreted as bullit-h, there was a fractional advance in prices on
buying by local and foreign shorts to cover contracts.
Toward the close, however, most of the improvement was
lost under increased pressure to sell, prompted by a large increase in the world's visible supply and a free movement of the crop in the Northwest. Wednesday the feature
of the
market was an advance in prices for the
near by positions, particularly in the Western market, where
Business in
Thurs.
Fri.
7438
74H
74I2
73
76 is
7314
7458
731s
76»«
74818
May
791^
7316
7.s\
783i
73 14
Deo. delivery in elev
7458
7334
7618
7958
f.
o.
b
76
79 14
7918
DAILY CLOSING PRICES OF NO. 2 SPRING IN CHICAGO.
Tues.
Wed. Thurs.
Sat.
Aton.
7038
Sept. delivery in elev
7038
7138
7078
71^
71i«
71^4
Dec. delivery in elev
71
7138
70%
7414
May delivery in elev. .. 74^4
74
7338
74H
delivery in elev
75-s
78 '8
Fri.
7OI2
70'8
737g
NEW(¥ORK.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN
Sat.
Man. Tues.
Wed.
Cash corn, f. o. b
3938
39
.39
38%
Sept. delivery in elev.
Dec. delivery in elev
May delivery in elev
..
37%
3734
3514
3513
3434
3738
3533
Thurs.
Fri.
391-2
40
3712
38
351-3
35ifl
3838
35'8
3514
34-^8
3518
35
34%
DAILY CLOSING PRICKS OF NO 2 3IIXED CORN IN CHICAGO.
Sat.
Mon.
Tues.
Wed. Thurs
F)'i.
Sept. delivery in elev...
Dec. delivery in elev....
May delivery in elev
am
2838
3118
2838
2914
2914
31
2838
2938
3158
2858
29I2
31%
3214.
291-3
28:'4
29 5»
28I2
Oats for future delivery at the Western market have been
moderately active and prices have advanced slightly. The
Government report, which was considered bullish brought
a moderate number of buying orders into the market, and
this demand was largely responsible for the advance. Locally only a moderate volume of business has been transacted in the spot market, as exporters have not been extensive buyers, but otferings have been limited and prices have
advanced. To-day the market was firmer with corn. The
spot market was moderately active and firm. Sales for ex.
Steady.
The prices of futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
Sept.
Sept.
Wed.
15
Futures.
1:45 P. U.]
Tues.
Indian corn futures have been quiet but the tone of the
market has held fairly steady. Early in the week there was
57,000 moderate buying by outsiders for investment account, stimu3,700
1,500 lated by the Government report, and there also was some51.000 thing of a demand from shorts to cover contracts, on which
tj.OOO
prices advanced slightly, particularly for the distant months,
51,000
805.000 the near-by deliveries being held down by increased offer73!i.000 ings of new crop.
During the latter part of the week the
•20,000 market held steady for the distant deliveries, while the near15,000 by positions advanced on buying by commission houses and
35,000
32,000 covering by shorts. The spot market, has been fairly active,
as exporters have continued buyers, and prices have advanced.
futures To-day the market was firmer on shorts covering. The spot
closinf market was fairly active and higher. Sales for export today here and at outports were .550,000 bushels.
Sept.
39l6
12,000
1,000
ifon.
Sept. delivery in elev
-
NEW YORK.
Sat.
Cash wheat
lb.
Liverpool. By oable from Liverpool we have the f olio v
Ing statement of the week's sales, stocks, <fco., at that port,
Aug
DAILY CLOSING PEICES OF NO. 2 RED WINTER IN
^32
or fractions of a penny per
lbs.
were 560,000 bushels.
35340 35340 35«40
*32
°i\2
Qaotations are cents per 100
* And 5 per cent.
45
40
of September contracts by both shorts and large elevator interesi s strengthened values. Thursday there was an
easier market. The pressure on shorts in September contracts was removed to a considerable extent, and there was
some selling by recent buyers of the distant months to take
The movement of the crop continued heavy. Busiprofits.
ness in the spot market has been less active, but values have
held steady. To-day there was a quiet market, and aside
from a decline in September contracts at the West as a result of the collapse of the squeeze in that month, changes in
prices were unimportant. Business in the spot market was
more active. Sales for export here and at outports to-day
IVi.
e.
Havre
BremeB, Sept...c.
Hamburg. Sept..e.
e.
Amsterdam
Liverpool, Sept..d.
fOl;
port were 50,000 bushels.
DAILY CLOSING PRICES OF OATS IN NEW^ YORK.
Sal.
Mon.
Tues.
Wed.
Thurs.
Fri.
26I2
26I2
26i2^
No. 2 mixed in elev
26ia
26
26
28i^
28I3
No. 2 whlto in elev
27%
27%
28
28
DAILY CLOSING PRICES OF NO. 2 MIXED OATS IN CHICAGO.
Mon. Tues.
Sat.
Wed.
Th%irs.
Fri.
Sept. delivery in elev..
Dec. delivery In elev...
May delivery in elev...
21 14
21 14
2114
2038
20%
20''8
20-'a
22
2214
2238
2238
Rye has been in moderate demand and firm.
been less active but about steady.
Following are the closing quotations:
Fine
Superfine
Extra, No. 2
Extra, No. 1
Bakers* extra
Straights
Patent, spring
„
.
(Wheat
flour
2II4
20^8
223s
2134
2m
22%
Barley has
FLOUR.
Patent, winter.... $3 65 «3
$2 15 3)2 25
'82
2 30
45
City mills, patent.. 3 95 ^4
•©2
2 15
55
Ryeflour,8uperflne 3 10 «3
2 70 ®,2 8.")
Buckwheat flour.. 2 50 -32
2 90 ®3 20
Corn meal3 25 -0/3 50
Western, etc
2 15 -32
3 75 @4 45
Brandy wine
2 25 ^2
in sacks sells at prices below those for barrels.)
!
_
85
05
50
75
20
30
GRAIN.
Wheat, per bush.—
HardDuluth,No.l
N'th'nDuluth,No.l
Red winter. No. 2.
N'thern N. Y. No.l
Oats— Mix'd,perbsh.
0.
0.
7958®8138
76 '8® 78 5s
72%®74ia
White
No. 2 mixed
7638®78ie
26 ®27ii>
26i«@32
26i2®27ia
No. 2 white
28133)2913
Com, per bush—
Western mixed
No. 2 mixed
Western yellow
Western white
Rye, per bush—
Western
State and Jersey
Barley—We.stern
Feeding
c.
0.
37%®403s
38i4®4038
39 ®40%
39i4®41
61
®64>4
59
45
41
®60
®53
®47
Government Weekly Grain Report. - Mr. James Berry,
Chief of the Climate and Crop Division of the United States
Weather Bureau, made public on Tuesday the telegraphic
reports on the grain crops in the various States for the week
ending Sept. 11 as follows:
Corn.— The cutting of early com, Ibe greater part of which Is now
safe from frost, is general in all sections, the maturing ot the crop
having been advanced by the hot, dry weather of the previous weeks.
Late corn is materially damaged by heat and drought in portions of
Ohio. Indiana, Illinois, Nebraska and Southern Missis.sippi, but in
Iowa it is not as badly injured as previous reports first indicated.
Whkat.— The conditions have been favorable for wheat harvest and
threshing in the DakotdS and Minnesota, although the completion of
stacking and stock threshing in portions of Minnesota was v»revented
by light local showers. lu Washington exceptional conditions were experienced, and the change to dry weather saved much wheal, while in
Oregon the harvest progressed night and day, the crop in the lastnamed State being practically uninjured by previous rains, though
some is bleached and the berry soft.
THE CHRONICLE.
610
[Vol. LXIX.
—
Agrictltoral Depabtment'8 September Report. The stable above that, particularly in cassimeres. Gating flanDepartment of Agriculture for September 1 nels have sold well. Satinets and doeskin jeans are dull.
respecting cereal crop3 was issued September 11, as follows
Overcoatings are quiet but prices firm. Cloakln^s in fair
reix)rt of the
:
There -wab a decline in the average condition of corn during August
amounting to 47 points, but the condition on 8 ptember 1 was scUI
1*1 points higher than on September 1, 1898, 5 9 poii ts higher
than at the corresponding date in 1897 and 2 9 points above the
mean of the September averages for the last ten years. There was a
decline duriag August of 3 points in Ohio and Missouri, 2 in Illinois,
9 in Kansas and 14 in Nebraska, and the averages iu the Southern
States are nearly all somewhat lower than on August 1. On the
other hand, there was a slight appreciable gain represented by about
one point in Kentucky, Indiana and Iowa.
The condition of corn on July 1, August 1 and September
1 in each of the last three years is shown in the following:
CONDITION OF CORN.
1899.
Mafef.
i-i
f
1
Illinois
Iowa
MissoTiri
Kansas
Indiana.
NebraBka
Ohio
Michigan
WlsooDfin
Minnesota
Texas
Tennessee
Kentucky
Pennsylvania...
91
82
i8
106
89
83
85
97
95
85
87
75
90
96
79
77
74
84
94
99
90
95
91
98
87
76
73
93
4
86
31
85
92
90
93
85
89
85
^4
84
83
80
85
}
60
82
89
60
95
62
92
80
96
94
100
100
101
88
i
72
92
86
69
86
85
89
83
9S
102
104
93
97
82
•**
83
100
78
83
94
90
90
94
99
95
103
96
95
89
84
70
74
61
82
87
84
88
86
78
81
85
83
86
93
78
87
70
92
84
86
85
90
77
83
90
92
82
82
75
92
90
83
82
76
80
30
70
101
90
87
74
1
1
years.
The average condition of rye wa" 82*0, as compared with 89 4 on
September 1 1898, 901 at the corresponding date in 1897, and 87-5
the mean of the September averages tor the last ten years.
The average condition of buckwheat was 75'2, as compared with
93-2 la-^t mouth, 88'S on September 1, 1898, 95-1 at the corresponding
date in 189", and 88*0 the mean of the September averages for the
last ten years.
The average condition of potatoes was 86"3. This shows a decline
of 6*7 points during August, but is still 8"6 poin's higher than on Heptember 1, lyO-*, 19 -6 points higher than at the corresponding date in
1897, and 9 3 poluts above the mean of the September averages for
the last ten years.
Of the principal t bacco States, Kentucky, Pennsylvania, Virginia,
North Carolina, Ohio, Indiana, Wisconsin, Massachusetts and Connecticut report an imi rovement of condition during August, while
New York, Tennessee and Missouri report a decline.
The condition
;
—
New Yobk to
of the various crops on September
1895.
910
9«4
74-6
75 4
82
1
for a
1894.
63*4
83-7
86-9
77-8
71-5
62-4
85-9
6»-2
1893.
76-7
740
83-1
83-2
64-2
93-2
here
83-7
86'0
87-6
9"-8
70-8
87-5
see page 376.
78
1,550
7 3
179,595
1,8H0
34,539
11,321
740
"224
New York. Frida-s. P. M., September 15. 1899.
There has been no falling off in the general demand for cotton goods tHJS week and business bas again be^-n governpd
more by the disposition or indisposition of buyers to accept
orders tt5 an by ttie coarse pursaed by buyeis. Scarcity ot
merchandise is as pronounced as before m all leading lines of
staples, and the market is getting further sold ahead weekly.
There have been several advances in prices reported, and the
tendency is, with ha'-dly an exception, still upwards. Such
specialties as have been shown for spring have sold well and
large bayers are evincing a desire to buy for spring in
bleached cotton-*, in which such operations are usually deReports from the jobbing trade
ferred until a month later.
show excellent conditions prevailing in the West and Nortuwest, and a good business is doing in Eastern markets, but
from some parts of the South there is little gain over the corresponding 'ime last year. The " Trust" proposals are still
being agitated in Fall River, but appear to b"* making little
progress. The woolen goods division has ruled quiet.
Woolen Goods. The demand has been on a quiet scale
this week, anl interfered with to some extent by the Jewish
holiday, " Yom Kippur." Men's- wear worsteds are in a number of instances withdrawn from the market, sold up, and
both plain and fancy lines are firm in price. All-wool goods
are steady in grades nnder $1 per yard, but somewhat un-
3,389
121,394
9,042
25,324
8.342
10,038
3,019
5,129
36,850
13.177
804
65
1,456
33
6-3
302
299.829
20.784
6,558
235,483
18,036
3.812
320,613
KiuEiana mill points direct
6,558
253.519
3,812
5
The value of the New York exports for the year to date
has been $10,790,024 in 1899, against |8,215,918 in 1898.
Brown sheetings and drills have not been advanced openly,
but bayers find sellers quietly putting up quotations J^c. to
Fins
3^c. per yard; the demand follows these advances.
gray goods are quiet but firm. Ducks firm and in fair demand. Brown osnaburgs quiet. In bleached cottons business is kept down by the reserve of sellers in leading tickets,
and indications point to a higher range of prices shortly. AtCotton flinnels
lantic wide sheetings advanced 5 per cent.
and blankets firm and scarce. Denims are scarce and with a
Ticks and
fair demand prices are occasionally J^g^^c higner.
Other coarse, colored
plaids are tending against buyers
White goods heavily sold for spring and
c« tton very firm.
Fancy prints are irregular, but
market against buyers.
Ginghams are in a
staple lines steady, with fair sales.
strong position throughout. Print cloths have ruled quiet
throng "Out, but firm for both regulars and odds; regulars,
a^c.
FoRKiGN Dry Goods.— Dress goods for spring in moderate
demand and firm. Silks and ribbons quiet and unchanged.
Linens strong and tending upwards. Burlaps scarce and
^c. to ^c. per yard higher. Other departments without
i-pecial feature.
Importations and Warehouse 'Withdrawals of Dry Goods
The importations and warehouse Withdraw alb Ol aij goods
at this port for the week ending Sept. 14, 1899, and since
January 1, 1899, and for the correspondinji periods ot last
vear are as follows:
sSSSSS
ISPill
=to
p-n
B
*•
o
a'
o.
o
H
CO
•
•
WW
Wo
05
.
w
WC
^W
O05
WM
coo
*. -4
t
WO
A.O
^
M
00
-n
<HI^
?0
M©
^i»
1
w•-•o^a^o
ad
MM
OlOi'toO'C)
w*h-W
I
M
^w
I
WOOOCB
am M <l
to
•-4Ci
COP-
l(^
<1
05 to
W
OOD
oto
-J
WK)
0>^
1^(0
>-w
to
-J"
<%Q0
CO
n^w
WW
kw
<3)V>
"io06*»O5Oi
TTi
.
•
s;
wco
oso
CO to ta CO
tSCOlt^WCO
ce-«
•
to
QOi^aoaoco
tots
MMI-' COXI
CO
CO
Ol'tO
cow
COifO -"O
oaOMOoa
M|OM»OM
wioOKODOO
03W -»1<J
^ JO
<j5<iosweo
l»^0
» o—
W W CO
J.
-J"
to to 00-^ to
-IWOD
MOW05
w*
Ow
^O
'05O
OsmXOD w
•
pjxi *• »•
"m"- 00
ow
to
o
lb.
it>.o
tOWOD "to
WO"- CO
'J> ic>.
1
a to
wwtox w
(0>->i<kOOW
o'^'osbib
wcocooo
WQD ^ too
ir"*BM
T WO«
WMpO05
b'io'"— WW
05 CO X.'v W
OtOikXCD
osMtoVo""-'
WCOWOM
If^lf^OOOit.
iS'lf^OtO
OO -
WOjSlfM
oo
www
O top OK)
J>
t^
'<z'l-'
0>i-'0SI-'C5
osotowa
— ow
!*>.
W M ft-'
Mlf^i^Vx
- ie>O00
O W
— 05QD 05
'c
ID
I
-J
I
W to
to
O
Mt0j-'_t0__O'«
K- to 05
I
-Jj
it'.boow'b
oca X05*.
tOWWiC^lO
to
oo»aw
MwOM
05
Vo'-o'-i'itkb
owco*M
C
it^OD
WO
wto
"tsbwocD
MVabb""
*>-M
toco
tooo
00 to 05 JO
WWOMJO
M
oo
w
to
05 05
CO'Q
O 00 to 05 o
MMMWtO
osw w o b
WM
W wo MMWtOM
to
coS
P 'COCO
05
o
05
MA
00 S'
"co"*' CO to to
WlOllO
M
MO
WM
0*^0 05
3M JO
M
OOOWMJO
^rz>»
I
o
s:
wo
WWMWtO
WW 00
too 3*>
•-'
cpoia>w»j
GO
(o
i(^
'•
>J
'J
"o
•
'•
<bW
tOi-'
M 3SO»»W
— Oi -3
WI-*
W*D
•
Iswlo oc>
ODOO Oi—
»su>
05*lf>-QDO
:
*
Olio
05M
1^
o
.
COO
w ow
o oco
OCQO
OS
-•o
w
h^
MMJOCOtO
T.
:
ow
OW
00 oo
cooia>coto
if^eo
g:
o
O
g'
B
'
•
«*>'-' CO ta
0S3
I
Sa
•
t3
to
-
•
•
74}4
71-«
73-4
77-5
2,364
2,998
7.392
32,389
5,836
Total
China, via Vancouver*...
Total
42
13
427
163
...
From New
Since Jan. 1
Week.
1.
21,6(16
38
631
39
108
555
86
Central America. ...........
South America.......
Other Ooontriea....
82
8ft -8
2
2,051
THE DRY GOODS TRADE.
—
Since Jan.
Arabia.....
Africa
?'
1896.
Week.
India
'
1898
1899.
Sept. 11.
West Indies
Mexico
90-5 79-3 84-2 82-9
Average U. S ^•5-2 89'9 '8«-5 84-1 87
The condition of winter and spring wheat consolidated is 70 9, as
compared with 86-7 on September l, 1898, 857 at corresponding
date in 1897 and 82-5 the mean of the September averages for the
last te years. The condition on the first of the present month was
the lowest September condition In twenty years. The reports from
therrlncipal winter-wheat States are, with the exceptiitn of Kansas
and Missouri, slightly better than on .luly 1, but In the spring-wheat
States there has been a decline of 3 points in North Drtkotd, 2 in South
Dakota, 2 in Minnesota, 16 in Iowa and 11 in Nebra-ka.
The Departmt-nt will make no quantitative estimate of the wheat
crop pending a revision of the acreage figures in the Northwest and
and on the Pacific slope.
The average condition of oats was 87-2, against 90 8 last month,
79*0 on September 1, 898, 84-6 at the corresponding date in 1897, and
80-0 the mean of the September averages for the last ten yearn.
The average condition of barley was 86-7, as compared with 93 6
last month 79*2 on September 1, 1898, 8ti*4 at the corresponding date
in 1897, and 841 tbe mean of the September averages for the last ten
series ol jears is as follows:
Bepitmber.
1897.
18S9. 1898.
85*2
79-3
Com....
8 4-1
86-7
7« "9
85-7
Wheat
89-4
90-1
Rye
820
87-2
84-6
Oats
790
86-7
79-2
86-4
Barley
86-3
77-7
66-7
Potatoes
68-5
79-8
78-3
Cotton
75'2
83-8
95-1
Buckwheat
For other tables usually given
at previous prices. Dress goods are in steady reqaest cashmeres occasionally 5 per cent higher. Flannels
and blankets quiet but firm.
Domestic Cotton Goods. The exports of cotton gooda
from this port for the week ending Sept. 11 were 3,812
packages, valued at |163,8S5, their destination being to the
points specified in the tables below
dreat Britain
Other European......
China
1897.
1898.
demand
O
otop -aw
05 0'mm"m
MOWW X
WMOOW
if^COOtOO «
QWWW*«1
-
tow wo
OOW 35 too
•
R-
w(n
s
Mft
-
00 $•
oc«
September
THE CHRONICLE.
16, 1899.]
611
Brighton, N. Y.—Bond Sale.— On Sept. 4, 1899, $14,445
paving bonds were awarded to Price, McCormick & Co.,
New York, at 100-25 for 3}^ per cents.
BrookhayenfN. Y.) Union Free School District No. 24.
Proposals and Negotiations this Bond Sale. This district has sold to Edw. C. Jones & Co.,
New York, $10,500 4% bonds at 103-125.
week have been as follows
Buffalo, N. Y.—Bond Sale.—The Comptroller has taken for
Allentown, Fa.—Bonds AutJwrued.— The Common Coun- an investment of the Redemption Bond Smking Fund
cil has authoriztd the issuance of $60,000 3^i water bonds.
$7,81103 3^ bonds maturing August 1, 1900, and $3,683 46
Securities when issued will be in denominations of $100 and bonds maturing Sept. 1, 1900, both issues being made to
$506, dated Oct. 1, 1699. Interest will be payable April 1 meet expenses of the Board of Public Works.
and Oct. 1. Principal will mature Oct. 1, 1929, subject to
Bonds .d«</iortzed.— The issuance of $i3,497 95 bonds for
call after Oct. 1, 19i 4.
the payment of damages to the owners of property injured
Alva, Okla. Bond Elect ion. An election will be held to- by the Seneca-Smith Street viaduct has been autbori'zed.
day (Sept. 16, 1899,) to vote on the question of issuing $16, COO
CambrUge Springs (Pa.) School District.— Boru/ Sale.
water- woiks b< nds.
On Sept. 2, 1899, $9,t00 4% school bonds were awarded to N.
Ashtabula, Ohio.— i^ond SaZe.— On Sept. 2, 1899, the $24.- C. McLaughlin, Meadville, at 101-505. Securities are in de000 5% bonds were awarded to the New First National Bank nomination of $500; interest will be payable semi-annually.
of Columbus at 107 656. Bonds mature $2,000 yearly on Oct. Principal will mature one bond yearly.
1 from 19u0 to 1910, inclusive, and $1,0(jO in 1911 and 1912.
Caney, Kan. Bond O^em^gr.— Proposals will be received
For full defccriptlon of bonds see Chronicle Aug. 26. p. 459. "at once" and until October 1, 1899, for $10,000 5^ gas-plant
Ashtabula (Ohio) School District.— -Bond Sale —On Sept bonds. Securities are in denomination of $100. Interest will
2, 1899, $12,600 4.% bonds were awarded to Feder, Holztnan &
be payable semi-annually in New York City. The total
Co., Cincinnati, at 101-48. Following are the bids
bonded debt, including this issue, is $10,500. The assessed
Feder. Holzman & Co.. Cin.. .?12,6g5 00 National Bank of A8htabu]a.$12.593 70 valuation is .$66,636, and the population in 1890 was 542.
Lamprectat Bros. Co.. Cleve. 12,630 00 W.J. Hayes & Sons, Cleve... 12,68{) 00
Chicago, ll\.^ Certificate Sale.— The Chicago National
Denison, Prior Co., Cleve. 12,110 Ou
Bank,
it is stated, has purchased the .^500,000 water certifiSecurities are in denomination of $250, dated Sept. 1, 1899.
Interest will be payable semi-annually at the National Bank cates recently offered for sale, paying par for 4 per cents.
of Ashtabula. Principal will mature $2,600 each six months Certificates mature June 1, 1903.
Clark8dale(Town), Miss.- Bond Offering.— Pto-pcaals will
from 1901 to 1905, inclusive.
Bainbridge, N. Y.—Bond Sale.— On Sept. 9, 1899. the be received until 4 p. m. Sept. 28, 1899, by Walter Clark,
Mayor, for $37,000 5% water-works, sewerage and electric$9,000 bonds were awarded to Bertron & Storrs, New York,
at 107'50 for 4 per cents. The other bids were as follows, all light bonds. Securities are in denomination ot $500, dated
Oct. 1, 1899. Interest will be payable semi-annually. Prinbeing based on 3J^« bonds
cipal will mature yearly on October 1 as follows
|500 from
W.J. Hayes* Sons, Cleve
101-75
100-78
Walter Stanton 4 Co.. Nf. Y
I. W. Sherrill, Pouglikeep8ie....l0r51
First Nat. Bank of Bain bridge.. 100-71
1904 to 19 8, inclusive, and $29,500 in 1919. The debt of the
One bond lor $450 will mature yearly, beginning Oct. 1, town at present is $25,000. The assessed valuation is $847,716
1904.
For fuither description see Chronicle Aug. 26, p. 459. and the population about 2,000. A certified check for S% of
Batavla, Ohio.— Bowd Offering. Proposals will be received the amount of bid, payable to Walter Clark, Mayor, will be
until 1 p. M. Oct 7, 1899, by G. H. Kain, Village Clerk, for required.
$18,000 4% vsaterw oiks and electric-light bonds. Securities
Culumbus, Ohio. Bond Ismes. The City Clerk has tenare dated Sept. 1, 189i<; interest will be payable March 1 and dered to the Sinking Fund Trustees for acceptance the folSeptember 1 at the office ot the Village Treasurer. Princi- lowing bonds Levee bonds, $10, 000; Scioto River Dam
AWD City Bep^btm^nt,
Br/irt
—
Bond
—
:
—
—
:
.
Si,
.
:
:
I
1
>
—
—
:
pal will mature yearly as follows $500 from 1907 to 1911, inclusive; .$7.50 from 1912 to 1921, inclusive, and $1,000 from
1922 to 1929, inclusive. Purchaser will be required to furnish blank bonds. Bonds are issued under Section 2; 37,
Revised Statutes of Ohio.
Beaverhead touuty, Mont.— Botid Sa^e.— On Sept. 6, 1899,
the $40 000 4^ refunding bonds were awarded to Henry Elling,.Virginia City at lul -262. Bonds mature Jan. 2, 1920, subject to call after Jan. 2, 1910. For further description of
bonds see Chronicle July 29, p. 245.
Bell Countj, Texas.— .fiond Sale.— This county has sold at
par to J. L. Miller, Cashier of the Belton National Bank,
$12,0CO 4% bridge bonds and $8,000 4^ court-house bonds.
Belvedere, Marin County, Ca.1.— Bond Offering,— Proi>o
sals will be received until 8 P. M. Sept. 25, 1899, by H. F.
Buhrmeister, Town Clerk, for $10,000 5^ 1-40-year gold
sewer bonds. Securities are in denomination of $250; interest will be payable annually at the Union Trust Co., San
Francisco.
bonds, $10,000; Grant Street improvement bonds, $7,500;
Atcheson Street bonds, $4,500; Mulberry Street bonds, $6,000;
Wilson Avenue bonds, $2,500.
Conecuh County, Ala.— Bond Sale.— On Sept. 4, 1899, the
$20,000 0% court-house bonds were awarded to Trowbridge,
MacDonald
Niver Co., Chicago, at 105-80. Bonds mature
in 20 years, subject to call $o,000 after 10 years and $5,000^
after 15 years. For further description of bonds see Chronicle Aug. 26, p. 459.
Dajtona.Fla.— Bond SaZe.- On Sept. 1, 1899, the $17,500
5% gold bonds were awarded to the Westerly Savings Bank
of Westerly, R. I., at an average bid of 103-25. Bonds mature July 1, 1929, $7,500 being subject to call after July 1,
1909.
For full description of bonds see Chronicle Aug. 5,
Bendersvllle (Borough), Adams County, Pa.
Bond
Offering —Proposals will be received until 7 P. m., Sept. 26,
1899, by John H. Peters, Secretary, for $5,000 4% 7-20 year
(optional) water bonds. Securities are in denomination of
$100, dated Sept, 1, 18H9. Interest will be payable March 1
Duraut, Miss.— Bond 0/fernigr.— Proposals will be received
until 8 p. M. Sept. 26, 1899, by J. C. Hill, Mayor, and the
Board of Aidermen for $lO,000 5% 5 20-year (optional) electric-light-plant bonds. Securities are in denomination of
York City.
$5(0; interest will be payable annually in
certified check for $500, payable to the Town Treasurer,
will be required. The above issue will represent the only
indebtednefcs of the town. The assessed valuation is $428,Oi 0.
The population is estimated at 2,000.
:
,
—
and Sept.
at the office of the Borough Treasurer. Bonds
are tax exempt. The above issue will represent the total
indebtedness of the borough end the assessed valuation is
$105,000.
Bethlehem, Pa.—Bond Sale.— This borough has sold $14,000 sti eel-improvement bonds.
Bexar County, Texas.— Bond SaZe.— The State Board of
1
Education has puichased $b5,4(.0 refunding bridge bonds of
this county.
_ Bil xl, Miss.- Bond Sale.- On Sept. 12, 1899. the $25,000
5% 5-:i0 year street-improvement bonds
R. Fulton, Chicago, at 100 64.
were awarded
to F.
BinghamUm, N. Y.—Bond SaZe.— On Sept. 12, 1899, the
$40,000 31^% 36 year bridge bonds were awarded to J. M. 3c
Willis Sharpe Kilmer, Binghamton, at 110 96. Following
are the bids:
M. & Willis Sbarpe Kilmer .. .UC-96
Blnabannou Savings BaLk.. .. 108-O82
W. Harna& Co.. N. Y
IC8-31
Lamprecbt Bros. Co., Cleve
H7-91
J.
N.
I
Dunseorab AJennlson, N. Y... .107-26
Edw. c. Jones & Co.. New York 117-08
U. Kleybolte
A
W. J. Hayes A
Co., New York..Ii 6 5.^7
102-»*H
Sons, Cleve
107-65
A Co.. Cleve
S. A. Kean, Chicago
For dtSi^riptiun of bonds see Chronicle Sept.
Denison. Prior
Birmiughum, Al«.
—
Bond
102-60
2, p. 509.
Proposals will be reOffering.
ceived until 12 M. Sept. 20, 1899, for $119,000 6% gold 10-year
improvement bonds. Interest will be payable annually. A
certified check for .$500 will be required.
Bluffton, Ind.— Bond Sa/e.— On Sept. 8, 1899, $14,000 5%
frmding bonds were awarded at private sale to the Stndabaker Bank of Bluffton at par. Securities are dated July 1.
1899; interest will be payable annually at the American Ex
change National Bank of
York City, Principal will
mature yearly on January 1 as follows
$1 ,000 from 1901 to
1906, inclusive, and |2 000 from 1907 to 1910, inclusive.
&
p. 300.
Delta County, Texas.— Bond O/^eringr.— Proposals will be
received at any time up to Oct. 1, 1899, for $35,tO0 4% 10 40year court-house bonds. Securities are in denomination of
$1,0C0.
New
A
East Liverpool Ohio.—Beasons /or Refusal to Take Bonds.
are informed by Meyer & Kiser, Indianapolis, that
they refused to take the $35,0i0 4% sewer bonds awarded to
them on July 10 upon the advice of their attorneys. It
seems that a most important part of the proceedings authorizing these bonds had been forgotten by the city authorities
the pt^ifion for the building of the sewer. This decision
of the firm's attorney has been concurred in by the City Attorney, and it has been decided to have the proceedings gone
over, and when such bonds are legally issued Meyer & Kiser
are to take them at the price for which they were originally
sold to them.
Etna School District, Siskiyou County, Gal.- Bond Sale.
—We
—
—Following
are the bids received
Aug.
29, 1899, for $5,000
1% bonds
Oakland Savings Bank
E. Reichman, Fori Jones
M. CBeem. Firt Jones
*|5,626 00| Union Sav. Bank, OaUaad... 16,324 00
•5,301 50
•5,366 00 J. A. Blrtle A Co
5,19? 63
5,360 00 M. Benner, Yreka
5,162 41
K. D. Sbepard ft Co.. N. T
I
[
I
•
And accnied
interest.
Bonds mature $500 yearly on July 1.
Gage County, >eb.— Bond Sa/e.— This county has sold at
private sale $100,000 Z%% 20year refunding bonds at par.
The bonds were taken by the Board of Public Lands and
Fundsof the State of Nebraska. They are optional at any
time after date.
Gallatin County (P. 0. Bozeman), Mont.— Bond Sa^e.On Sept. 11, 1699, the $137,000 4li% 20-year funding bonds
were awarded at 109 58. For description of bonds see ChronBrazoria ( ounty, Texas.— Bond Sa/e.— Refunding court- icle July 29, p. 246.
house, jail and bridge bonds to the amount of $65,000 have
GiiStonia, N. Q,.—Bond Offf ring. -Fro^osaU will be rebeen purchased by the State Board of Education.
ceived until Oct. 2, 1899, by John F. Love, Secretary Town
New
:
THE CHKONICLE.
612
Council, for from $50,000 to $65,000 4^ 30-year bonds. Sebe io denomination of $500 or $1,000.
GlenTille, Ohio. Bonds Awarded, At a meeting of the
Council held Sept. 8, 1899, the $31. 00 5^ 20- year water bonds
were awarded to The Lamprecht Bros. Co., Cleveland, at
their bid of 106-60. A full list of the bidders was given last
week.
Gogebie Connty, Mich. Bond SorZe.— Local papers report
the sale of $30,000 \% bonds to Rudolph Kleybolte & Co.,
<;uritieB will
—
<
Cincinnati, at 100-86. Bonds are in denomination of $1,000
and will mature $5,000 yearly on Sept. 1 from 1904 to 1909,
inclusive.
ber.
Jefferson, Ohio.— Bond Sale.— On Sept. 11, 1899, the $4,500
5^ 2-10-year building bonds were awarded to the First National Bank, Jtfferfcon, at 109. Following are tbe bids
:
Seasoneood
W.
J.
& Mayer, Cincin.
Hayes & Sons, Cleve.
.
.
. . .
$),774 0"
Feder, Holzman & Co., Cln.
K. Kleybolte & Co.. Cincin... 4,7«160
Cin.
4,731 s;5
Kuhn
Innati...
& Sons.
S.
Denlsou. Prior & Co., Cleve.. 4,707 45
4.681 00
Briggs, Todd & Co., Cincin...
First Nat. ok., Barnesville... 4,67100
00
00
40
26
.
.
4.778 00
4,7?5 00
—
McConnelsrille, Ohio.— Bond Sale. This city has awarded
to the Citizens' Bank of McConnelsville (the only regular
bidder) $10,000 5% water bonds at 109 30.
McCullough County. Texas.— Bonds Approved and Sold.
The Attorney- General has approved an issue of $33,000
court-house bonds, and the securities have been taken by the
State Board of Education.
Manistee, Mich. Bond Offering.— 'Pro-poea.ls will be received until 12 M. Sept. 26, 1(<99, for an issue of about $100,000 4^ water- works bonds in denomination of $500. Principal
will mature $10,000 yearly.
—
MassilloD, Ohio.— Bond Sale.
—
Greenville, Miss.— Bowd Election. An election will be
held to vote on the question of issuing $65,000 sewer bonds.
Hamilton (Ohio) School District.— Bond Offering.— Ptoposals will be received until 12 M. Sept. 25, 1899, for $6,000
4^ l-r2yearbonds. Securities are in denomination of $500,
dated Sept. 25, 1899. Interest will be payable at the First
National Bank, Hamilton.
Hjde Park, Ohio.— C/iangre in Date of Sale.— The date
until which proposals will be received for the $13,714 10
street-improvement bonds (mentioned in last week's Chronicle) has been changed from the 18th to the 23d of Septem-
First Nat. Bank, Jefferson
|4,905
Croffban Bank of frYemont
4,«01
Lamprecht Bros. Co., Cleve... 4,795
New l8t Nat. B'k, Columbus... 4,781
[Vol. LXIX.
.
.
—The
highest bid received
on Sept. 10, 1899, for the $7,000 4^% 1-5 year (serial) streetimprovement bonds was that of Farson, Leach & Co., Chicago, at 102-07. Following are the bids
Farson, Leach & Co.. Chicago. $7,145 00 Lamprecht Bros. Co., Cleve... 17.128 10
:
I
& Co.. Ctncin
& Co., Cleve.
& Mayer, Cincin.
Bnggs, Todd
Denison, Prior
Seasongood
.
.
.
7,140 00
7,131 00
7,130 tO
I
I
W. J. Hayes & Sons, Cleve
First Nat.
7,177 00
Bank, Barnesville.. 7,171 00
|
—
Merrill, Wis. Bond Sale. This city has sold to S. Heineman, a local investor, an issue of S6,000 sewer bonds.
Middlesex County, Mass.
Bond Sale.— On
Sept.
9,
1899,
the $110,000 i% "Registry of Deeds" bonds were awarded to
N. W. Harris
Co., New York, at 112-785. Following are
the bids
V.W. Harris & Co.. N. Y
..112;85 E.H.Rollins & Sons. Boston... 118*08
..111-611
E C. Stanwood & Co., Boston.. .112-76 Blake Bros. & Co.. Boston
111-16
112-75
Fall River Sinking Fund
Kstabrook & Co.. Boston
109-732
Adams 4 Co.. Boston
.. 1 si-516
Beacon Trust Co
10860
BloQget, Merritt & Co.. Boston.. 112-44
S. A. Kean, Chicago.
112-d37
K. L. Day & Co., Boston.
&
.
Bonds mature $20,000 yearly, beginning Dec. 1, 1916. For
further description of bonds see Chronicle Aug. 26, p. 460.
Milwaukee, Wis. Temporary Loan. This city has negotiated a loan ot $150,000 in anticipation of the collection of
—
—
For description of bonds see Chronicle Aug. 19, p. 405.
Kansas.— feowd Sale. — The School Fund Commissioners
have taken a " Binding twine" bond for $25,00i>. These bonds taxes.
Minden (Kearney County, Neb.,) School District.- Bond
are issued under authority of the State Legislature, which
makes it compulsory on the part of the Commissioners to O^ering.— Proposals will be received until Sept. 23, 1899, for
purchase them. The total amount to be issued is $150,000, $0,000 '5% 5-10-year (optional) bonds. Securities are in deand they bear 4% interest, payable semi-annually. The Com nomination of $1,000. Interest will be payable annually at
missioners have purchased at this time only the one bond the State fiscal agency in New York City.
Musl^egon (Miih.) School District.— Bond SaZe.— On
mentioned above, and not the entire amount, as some papers
Sept. 5, 1899, the $15,000 A% school- building bonds were
have it.
Bond Sales.— The Stsite School Fund Commissioners have awarded to Mason, Lewis & Co., Chicago, at 103 675. Bonds
mature $3,000 yearly on Sept. 1 from 1905 to 1909, inclusive.
purchased the following bonds
For description of bonds see Chronicle Sept. 2, p. 511.
Brown Connty
$850 Labette Connty
f 4lfl Phil lips County...
J650
Newark, N. J.— Bonds Proposed.— The Board of Education
Cloud Connty
550 Lvon County
800 Reno County
600
Decatur County
60o McPherson County. 600
has requested the Finance Committee to take action towards
:
1
|
1
|
i
i
.lohnson County
.
.
.2,000
!
McPberson County. 500
1
Total
$7,569
Kenton, Ohio.—Bond Q^eri?igf.— Proposals will be received until Nov. 6, 1899, for $15,000 4% water bonds. Securities were authorized at the election held Sept. 12, 1899,
by a vote oi 562 to 97. They will be dated Nov. 1, 1899, and
will mature $5,000 in the years 1903, 1907 and 1909. Interest
will be payable semi-annually at the office of the City Treasurer.
C—
Kinston, Lenoir County, N.
Bond 0#ermg.— Proposals
will be received until 7 p. m Oct. 10, 1899, for $25,000 i%
bonds. Securities were voted at an election held August 1,
1899. They are dated July 1, 1899, and mature July 1, 1929.
Interest will be payable January 1 and July 1.
Lac qui Parle County (P. 0. Madison), Minn.—Bond
O^ertny. -Proposals will be received until 5 p. m. Sept. 26,
1899, by John B. Gadson, Connty Auditor, for $30,000 S^%
court-house bonds. Securities are issued under authority of
Chapter 2w9. Laws of 1895, Interest will be payable March
26 and September 26 at the office of the County Treasurf r.
Principal will mature $15,000 Sept. 26, 1904, and $3,000
yearly thereafter.
like amount of bonds was sold on
A
August 8, 1899, but whether they were afterwards refused
and are again offered, or whether the above is in addition
we are not informed.
Leipsic (Village), Pntnam County, Ohio.— Bond Sale.—
On Sept. 5, 185>9, the $7,000 6^ 11 20 year (serial) street-improvemert bonds were awarded to fleasongood & Mayer,
Cincinnati, at 109. Following are the bids
Seasoneood & Mayer. Cincin.. 17.630 00 New 1st Nat. B'k, Columbus... 17,225 00
Bank of Leipsic
7,550 00 R. Kleybolte & Co.. Cmcln
7,114 00
VV. J. Haye»& Sons, Cleve.... 7,540 CO Denison, Prior & Co.. Cleve.
7,118 00
First Nat. Baik, Barnesville.. 7,355 00 Meyer & Kiser. Indianapolis. 7,112 00
Spltzer A Co., Toledo
7.343 00
thereto,
:
.
.
.
For description
of bonds see
Chronicle August
19, p. 405.
Liberty (Village), N. ¥.— Bond O^ertwflr,— Proposals will
be received until 12 m. Sept. 23, lfc99, by the Board of
Trustees, for $38,000 sewer bonds. Securities will run
twenty years and will be payable in instalments after five
years, at- provided for by Section 129 of the village law. They
will bear not more than 5< interest and will be awarded to
the person who will take them at the lowest rate of interest.
A Cfrtified check for b% of bid must accompany proposals.
The official notice of this bond offering will be found among
the aavertisements elsewhere in this Department.
the issuance of $300,000 school bonds.
New Iberia, La. Bonds Foied— At an election held Aug.
31, 1899, the issuance of $110, OOi) bonds for electric lights,
water works and a ship and drainage canal was authorized.
Newnan, Ga.— Bond O^ering'.— Proposals will be received
until 12 M. Oct. 15, 1899, by A. R. Burdett, Mayor, for $20,000 4^ sewer bonds. Securities are in denomination of $1,000,
dated Jan. 1, 1900. Interest will be payable January 1 and
July 1 at the Merchants" National Bank in New York City
and at the City Treasurer's office. Principal will mature
yearly on January 1 as follows
$2,000 in 1923 and 1924,
:
$3,000
from 1925 to
1928, inclusive,
and $4,000
in 1929.
A
check for 5^ of the amount of bid will be required.
North Hempstead (Great Neck, N. Y.) Union Free Sihool
District No. 7.— Bo7td Sale.— On Sept. 12, 1899, $22.( 00 4%
bonds were sold to Bertron & Storrs, New York, at 104 673.
Bonds mature $2,000 yearly on October 1 from 1909 to 1919,
certified
inclusive.
Norwich, N. Y.—Bond Sale.— On Sept. 6, 1899, the $13 000
4% paving bonds were awarded to the Chenango National
Bank, Norwich, at 108 84, Bonds mature yearly on August
$5,000 in 1912 and 1913 and $3,000 in 1914.
1 as follows
Odessa, Lafayette County, Mo.— Bond O/ferinp. -Proposals will be received until 12 M. Oct. 2, 1899, by T. R. Taylor,
City Treasurer, for $10,000 5^ 10 20-year (optional) electriclight bonds. Securities are in denomination of $1,000. dated
Oct. 1, 1899. Interest will be payable semi-annually. All proposals must be accompanied by a certified check for $50i».
Orange County, Texas.—Bonds Registered.—The State
Comptroller has registered an issue of $10,000 county bonds.
Orland Special School District, Glenn .County, Cal.—
1-6-y.ar (serial)
Bond Sale.— On Sept. 4. 1899, the $1,200
gold school-building-repair bonds were awarded to tbe Bank
of Tehama County at 103 33. Following are the bids
:
H
Bank of Tehama County
Nobert Mattes
Bank of San Mateo County.
.
.
§1,240 00
1,220 76
1.220 25
H. C. Rogers
Oakland Bank of iSavings
$1.21212
1,206 00
J.— Bond Sale.— On Sept. 11, 1899, $7,500 4}4%
bonds were awarded to Edw. C. Jones & Co., New York, at
Passaic, N.
113-67.
1, 1899.
Securities are in denomination of $500, dated August
Interest will be payable semi-annually. Principal
mature August 1, 1919.
Perth Ambo», N.J. —Bond 0#enngr.— Propoeals will be received until 8:31) P. M. S^pt. 18, 1899, by Garret Brodhead,
City Treasurer, for $15,000 4% judgment bonds. Securities
are in denomination of $1,000, dated Oct. 1,1899. Interest
will be payable April 1 and October 1 and the principal will
Logan County (P. 0. Bellefontaine), Ohio.— Bond Sale.— mature Oct. 1, 1919. A certified check for 1% of the amount
Ofl S,-pt. 8, 1-99, the $15,000 4% bridge bonds maturiog Jan
of issue must accompany proposals.
1, 1910, were awarded to the Bellefontaine National Bank
Port Chester N. Y.—Bo7id Hale.—This place has sold an
Ht 108 07. Following are the bids
issue of $i,130 5^ sewer bonds.
will
:
Hellefonfaine Nat. Bank
$16,210 00 nenison. Prior & Co., Cleve.. »15,78'' 50
eople's B'k. Bellefontaine.. 16.836 Oi' Seasoneood & Mayer, Cincin. 16.774 90
amnrenht Bros. Co., Cleve.. 16,8 6 ."-O BriKKs, Todd & Co., Cincin... 16,750 00
Feder, HoJzmauA Co., Cm... 15.812 50
1
For dtsenption
of bonds see
Chronicle Sept.
2, p. 511.
Y—Bond
Sale.— On Sept. 15, 1899, the
0,000 'S}4% 20-year local improvement bonds were awarded
For full
Jc unison. New York, at 105-09.
to Dunscomb
description of bonds see Chronicle last week, p. 563.
Rdchester, N.
$5<
&
September
THE CHKONIOLE.
16, 1899.]
Saint Paris, Ohio.— Bond Sale— On Sept. 4, 1899, the
$8,000 6^ 11-18 year electric-light-plant bonds were awarded
to Feder, Holzman
Co., Cincinnati, at 124. For description of bonds sne Chronicle An?. 26, p. 461.
San Pedro School District, Ventura County. Cal. Bond
O^ertngr.— Proposals will be received until 2 p. M. Sept. 18,
1899, by the County Treasurer, for |.0,C0>) 6% 1-10 year gold
school-house bonds of this district, which is located at Ox-
urer, for $25,000 Z%% 30-year school bonds. Securities will
be issued in denominations of $100 or multiples thereof. Interest will be payable semi-annually.
certified check on
a national bank for $1,000, payable to the City Treasurer,
will be required.
Turtle Creek (Borough), VA.—Bond Ojferinsr.— Proposals
will be received until 6 p. m. Sept. 18, 1899, by D. S. Boyd,
Chairman Finance Committee, for $42,000 4^ street-improvement and municipal-building bonds. Securities are in denomination of $1,000, dated Oct. 1, 1899. Interest will be
payable semi-annually without any deduction for State tax.
Principal will mature yearly on October 1 as follows $1,000
from 1904 to 1913, inclusive, and $2,000 from 1914 to 1939,
inclusive.
certified check for ii% of the total amount of
bid must accompany proposals.
A
&
nard.
Shelbyville Township, Shelby County, lU.—Bids Se
jected.— All bids received Sept. 2, 1899, for the $25,000 4%
1 20-year bonds were rejected, as they were not in accordance
with the advertisements. The bonds have been ordered to be
re- advertised, and tbe sale, we are advised, will take place
some time in February. 1900 The bohd3 will be in denomination of $1,200, dated April 2, 1900. Interest will be payable Sfrai-annually.
State Center, Iowa. Bond Sale. Electric-light bonds to
the amount of |5,000 have been awarded to Chas. S. Kidder
Co.. Chicago, at par for 4 per cents, the town to pay $125
attorney fees
Steelton, Pa. Bonds Voted. At the election held Sept. 5,
1899, the issuance of $175,000 water-plant bonds was authoriced by a vote of 721 to 359. Full details of these bonds have
not yet been determined upon.
Superior, Wis. Bonds Being Refunded. This city is
completing the operation of refunding its indebtedness, commenced some time ago. The new bonds bear 5% interest
and mature in 10 years they are being taken by the holders
of the old bonds in exchange for their holdings. About
$143, 00 of the bonds had been exchanged when a temporary injunction prevented further refunding. This injunction has now been dissolved and bonds are being exchanged
whenever presented. See Chronicle August o, 1899, and
;
A
Ukiah, Cal.— .Bond Sale.—lhQ $18,000 5% gold electriclight bonds, bids for which were asked for on July 25, 1899,
have been awarded to John A. Pirtle
Co., Los Aiigeles, at
104 61. Bonds mature $450 yearly on June 26.
Union Township MePherson County, Kan, Bond Sale.
This township has sold at par to Spitzer * Co., Toledo, $20,000 5^ refunding bonds. Securities are in denomination of
Bonds will mature Aug. 1, 1919,
$1.( 00, dated Aug, 1, 1899.
but are subject to call before that date.
Upshur County, W. Va.— Bond O^ermgr.— Proposals will
be received until 2 p. m Oct. 2, 1899, by W. P. Fowkes, Sheriff, for $20,(00 5% 5-20-year (optional) court-house bonds.
Securities are in denomination of $500, dated Oct. 1, 1899,
Interest will be payable annually at the Traders' National
Bank of Buckhannon.
Vernon Center School District, Blue Earth County,
Mian.— Bonds to be Issued. This district will issue about
June or July, 190o, $2 500 school bonds.
—
&
—
&
—
—
:
(
Wadesboro
August
A
Trenton, N.
until 3
pm.
Bond Offering.
J.
Sept. 18, 1899. by
NEW
J.
is
reported.
District. Bond Offering.— Proposals will be received until 7:30 p. m. Sept. 20, 1899, by Ed.
Secretary, for $50,000
L. Foster,
S%% school bonds.
Securities are dated Nov, 1, 1899. Interest will be payable
INVESTMENTS.
Government and
LOAN^S.
Sealed proposals for the purchase of uot to exceed
Thirty-eight
bousand l>ollar8 worth of Sewer
Bonds of the Village of Liberty, N. Y., will be received by the Board of Trusiees of the Village of
Liberty, N. Y., until noon on September 23d, 189W.
Such bonds to run twenty years and be I'ayable in
in.stalments atter Hve years as provided in Section
129 of the Village Law, and to bear interest at not
to exceed five iier cent, and to be awarded to the
person who will take them at the lowest rate of in-
N.
4-*
3H»
RR
;ijfi»
Western Lines
1
i
i
S
NASSAU
CO.,
NKERS,
ST. (Bank
ot
4a
48
I
W. HARRIS &
BA
terest.
certified
bids.
Illinois Central.
SOLD.
3»
State of '^laaAacbiisetts
4'iiy of I>raltleu, Mass
BoMton Teiiiiioal Co
y. V. Central A- H. R.
Beech Creek RR. nl niortgHge
(Pnn.and int. guar, by N.Y. Central & H.
APPRAISEMENTS MADE OR QUOTATIONS Chlf
ago Rock Islniid He Hacific
FURNISHED FOR THE PURCHASE, SALE OR Baltimore
tfc Ohio, 1st iiiortKage
Wt'»t Knd Si. Ry
KXCHANGE OF ABOVE SECURITIES.
WewtEndSt. Ry
1.ISTS ON APPLICATION.
Cincinnati Edison Electric Co
United Electric Securities Co
SEWER BONDS.
A
check for five per cent of the bid must
accompany each proposal and the same will be returned to the unsuccessful bidder.
The Village reserves the right to reject any or all
INVESTMENTS.
Municipal Bonds
BOUGHT AND
township
Washington (Pa.) School
B. Stokes, City Treas-
Village of Liberty, N.Y.,
Perry, Coffin
60
Commerce Bids.)
ADAMS & COMPANY
&
R. RR.^
4h
4h
4s
4^»
5s
5b
Burr,
State Street, Boston.
Rutland
Co.
Railroad
,
I
BANKERS/
Bonds to hear date October 1st. ]Rf»9; to be registered or coupon as buytr mav desire, with semiannual interest.
Dated September 6th, 1889.
By DAVID
S.
N. Y.
HILL. President.
GOVERNMENT, MUNICIPAL
AND RAILROAD BONDS
C. H.
WHITE &
INVESTMENT BONDS
Members
AGENTS FOR THE
I.td.,
check
at sight in London
Paris. Cable Transfers.
CHICAGO,
La Salle St.
16
BOSTON,
60 DeTonshire
MUNiriPAL
RAILROAD
CORPORATION
BONDS.
-''^^^v^-
Choice Issues.
Street Railway and 6as Companies.
lilST
EDWD.
<&
MUNICIPAL BONDS.
E. O. Stanwood & Co.
Municipal Railroad,
Street Railway and Gas
BONDS.
8c
CO.,
CINCINNATI, OHIO.
1 NASSAU STREET, NEW YORK.
New
York,
Philadelphia,
1
-
BANKERS,
Devonshire Street.
ROSTON.
CO.,
DEALERS IN
School,
Bonds.
TODD
JONES
Nassau Street.
421 t'nestnut St.
New York.
STATE. CITY & RAILROAD BONDS
ON APPLICATION.
C.
Co.,
Congress Street, Boston.
15 Wall Street,
St.
&
BANKERS-
CO.,
121
State,
BRIGGS,
ROLLINS & SONS,
19 MII.K. STREET, BOSTON.
BANKERS
iBdividnal Accounts received subjec
City,
1941.
Blodget, Merritt
171
Charing Crots, Zondon.
County,
1,
No. 7 Congress and 31 State Streets
MASON, LEWIS &
A-NGLO-AMERICAN BANK,
E. H.
of Boston Stook Bzohange.l
CO.,
BROADWAY. NEW YORK.
and
DUE JULY
BOSTON.
BANKERS,
71
;
First Mortgage 4>^^ Gold Bonds.
dbaLlBrs in
I
THE VILLAGE OF LIBERTY,
to
land, at 101 -U,
—Proposals will be received
W
—
T»»w«sliip, N. C— Bond 5ate.— This
has sold to C. M. Burns $7,000 road bonds at 10607.
Washington County, Neb.— Bond Sa/e.— The sale of $27,000
4t% 10-20 year (optional) bonds to Denison Prior & Co., Cleve-
13 and January 8, 1898.
Syr«(U!<e, N. T. Temporary Loan.—
temporary loan of
$o0.000 has toe^n negotiated by this citv.
Topeka, Ran.— Bonds Foied.— This city on Sept. 9, 1899, by
a vote of 2,908 to 1,314, authorized an issue of auditorium
bonds.
613
MUNICIPAL BONDS.
Securities Netting from S}4 to
8<f
ALWAYS ON HAND.
Send for oor Inyegtment
DUKE
M.
ilanlolpal Bonds,
Clroular.
FARSON.
IS'J
Banker^
Dearborn Mcr««r
CHICAGO,
THE CHRONICLK
614
March I and September 1. Principal will mature j'early on
September 1, as follows: $4,000 from 1910 to 1918, inclusive;
$4,500 in 1919 and 1920 and $5,000 in 1921. A certified check
for 2 -per cent of the total amount of bid, and payable to the
Trustees, for $60,000 3J.^^ 30 year water bonds. Securities
are issued under Chapter 769, Laws of 1896. They are in
denomination of $1,000; interest will be payable semi-annually.
certified check for 10^ of the face value of the bonds
must accompany proposals.
Williamsport, Pa.— fiondsiJe-awarded.— The $500,000 ^^%
refunding bonds, awarded to Dick Bros.
Co., Philadelphia, on August 17, 1899, have been re- awarded to the Lamprecht Bros Co., Cleveland, at 102'50.
Takima County (P. 0. North Taktma), Wash.- i5ond
Sale— Oa Sept. 5, 1899, $91,974 20-year funding bonds were
awarded to Morris
Whitehead, Portland, at par for 4^^
per cents. For description of bonds see Chronicle Sept. 2,
A
The present inTreasurer of the district, will be required
debtedness of the district is $43,500, and the assessed valuation is $4, TIT, 150. The population is estimated at $9,500.
Waterbury. Conn.— fiond Sale.— On Sept. 11, 1899, the
$100,000 3>^5 funding bonds were awarded to The Lamprecht
Bros. Co., Cleveland, at 103 058. Following are the bids
103-058 Blodget, Merrltt & Co., Boston. 102-21
Lamprecht Bro8. Co..Cleve
102-616 R. H. Gay « Co.. Boston
Adams & Co. Boston
1020t
102-415 E. H. Uollins & Sons, Boston... 101'637
N. W. Harris & Co., Boston
Bonds mature $10,000 yearly on July 1 from 1905 to 1914,
inclusive.
For description of bonds see Chronicle July 29.
&
:
&
p. 514.
Yonkers, N. Y.-Bond Sale.- On Sept. 13, 1899. the $20,000
bonds were awarded to Allen, Sand &
Following are the bids
Co., New York, at 108-89.
Allen, Sand & Co., New York. .108-89
W.J. Hayes & Sons, Cleve
10819
108-84
108-05
Oamprecbt Bros. Co.,Cleve
BriKKS. Todd * Co., Cincin
N. W. Harris & Co.. New York. 108-78
108-036
E. H. Gay & Co., New York
107-855
Bdw. C. Jones & Co., New York. 108-59 People's Savings Bank
108-45
Westchest 9T Trust Co
10709
Geo. M. Hahn, New York
Bonds mature $10,000 yearly on April 1 of the years 1912
and 1913. For farther description of bond? see Chbonicle
last week, p. 564.
Bond Offering. Proposals will be received until 3 P. M.
Sept. 20, 1899. by Leslie Sutherland, Mayor, for $10,000 4%
paving bonds. Securities are issued under the provisions of
Section 40, Title vi., of the City Charter.
They will be
p. 248.
Ohio.— Bond O^er/ngf.— Proposals
H public-building
be reWeilsville,
ceived until 1 p. M Oct. 16, 1899. by D. A. Davidson, City
Clerk, for $25,000 4<? sewer bonds. Securities are issuefl under
authority of sections 2835, 2836, 2837 and 2837a, Revised
Statutes of Ohio. They are in denomination of $1,000, dai^ed
Oct. 16, 1899. Interest will be payable annually at the office
of the City Treasurer. Principal will mature $3,000 yearly
-will
:
. .
on Oct. 16 from 1912 to 1919 and $1,000 in 1920. All bids
must be on a blank furnished by the City Clerk.
West Bend (Wis.) School District No. 1—Bond Offering.—
Proposals will be received until 10 a. m. Sept. 27, 1899, by the
School Board, for $12,000 5% bonds. Securities are in denomination of $500, dated August 1. 1899. Interest will be payable semi annually at the Bank of West Bend. Principal
will mature $2,C00 yearly on February 1, from 1905 to 1910,
inclusive. Purchaser must furnish blank bonds, and also
must make a deposit of 2% to bind the sale. The above will
—
Principal will mature April 1, 1927.
1, 1899.
Youngstown, Ohio.— B nd Sale.— On Sept. 11, 1899, the
First National Bank of Youngstown was awarded $8,232 5%
storm sewer bonds at 104-43, S-<J,600 5% street opening bonds
at 103-37 and $1,400 5% grading bonds at 107-29.
Following
dated Oct.
represent the total indebtedness of the district. The assessed
valuation is $677,633.
Wheaton, Minn.— Bowd O^ering.— Proposals will be received until Oct. 2, 1899, by A. J. Fitzgerald, Village Recorder, for $11,000 5% 15-year sewer bonds. Securities are in
denomination of $1,000; interest will be payable semi annuFive bonds will be delivered on Oct. 2, 1899, and six
ally.
certified check for $300 will be required.
on Sept. 1, 1900.
White Plains (Village). N. l.—Bond Offering —Proposals
will be received until 8 p. m S^pt. 2<i. 1899, by the Bo>iid of
are the bids
NEW YORK
For description
&
CITY SPITZER
35 NASS^All STREET,
-
09
s
09
jn
"gfi^SPEOIALTIES.
»
CD
Specialty of
E
Whann & Schleslnger, The
DEALERS
Kank
MUNICIPAL
IN
RAILROAD
and
IN
BROADWAY
NEW YORK.
•
&
INVESTMENT BANKERS,
Ist National
Bank
Tremble
6c
Bank
IN
Building,
CHICAGO.
FULTON & CO.,
Municipal Bonds,
171 la salle street,
CHICAGO.
UEOK4JE H. IICRFORD
(3E0. G. WILLIAMS
C. V. FRALKIGH
KlCUARD K. COCHRAN
A.. WHBKLWRIGlir
J. L. KKNWAV
WILLIAM T. 3TANI)KN
ARTHUR C.PBRRY
UPON KEgOEST.
Information ^iven and auotations furnished concerninf; all classes of stocks and bonds that have a
Cleveland marlcet,
G.
JOHN
R.COODE &CO.
P.
§^.
ANo WESTERN
SOUTHERN
SECURITIES.
BOSENBERGER & LITE«MORE,
(Specialist.s in Texas Investments),
PORTV WAl-L STREET. NEW VORK
:
^ res. Chem.
.
Pres. Imp.
Nat. Bank
;-r^-U--V,t^?'n
k
Traders' Nat. B t'
Leath
St
wmTfratsTklin hall
WALL STREET NEW YORK.
IN
«,a8hier
Medlchl Director
FINANCJt COMMITTBB
Q.
.
WE DEAL
*'""'«',•."!
.;
X'"^.*w®^'!?®°I
2d Vice-President
3d Vice-President
..Secretary
Assistant secretary
.aciuary
MUNN
WILLIAMS
JOHN J. TUCKER
PERKIN
S, Jr.
B. H.
JAMBS R. I'LUM
QBO.
HIGH-GRADE WARRANTS
15
New fork.
OFriCKRS:
BONDS.
Netting from 4 to
F. R.
at the Home Office, aOi Bruatlway,
I
LI«TS SENT
DIS-
RICHARD E. OOOHRAN.sd VUe-Pretid^nt,
STREET RA LW A Y & CORPORATION
Co.,
WITHOUT
Death Claims paid
soon as satisfactory proofs havp
been received.
ietive and »nccctisf^U Agent*, uritMng to repretent this Company, may communicate uritK
.MUNICIPAL, RAILROAD,
MUNICIPAL BONDS.
Ffrnt National
aTi*
COUNT as
CLEVELAND, OHIO,
UEALERS
solicited.
Mtttrtnee, First National Bank, fltiu-ago
Devitt,
MiillrtlnK.
Building:, ChicMrn
C'lrespondence
''
Lamprecht Bros. Co.
CentarT
THE CITV OF >KW YORK.
•
THE
Co.
United States Life
Insurance Co.
now Issued br this CompaBr
sonlaln the lollowing claosej
••After one year from ihe date oi Issoe. Ina
llabllitjr ot the Company under this poller
• hall not be disputed."
,
.
During 1>}IS the Company made material
Increase in liicoine, assets and snrplusi and
can thus claim a substantial gain la the
most Importune elements ot safety andproff-
MUNICIPAL BONDS.
Nuveen
1899
All Policies
SECURITIES.
f!Hir*K«'
Blilcr.
71
John
WALL STSE EI, NEW TOUK.
"Tssui
MUNICIPAL BONDS,
e
H
MANUFACTURING
COMPANY,
63
NiVER Co.
t-i
THE AMERICAN
trowbridge,
1«t Mai.
19, p. 408.
OB
Spitzer Buildingr, Toledo, Ohio.
&
2,648 OC
2,633 00
2,634 00
2.617 00
2,615 08
CO
1871.1
NEW YORK.
MacDonalo
2,«.'>000
TRA^fSmSSIOiV ROPE.
Company, Western Municipal Bonds.
20 NASSAU STREET, NEW YORK.
&
Leach
2.6H800
2.6t3 6n
MJSCJLLjMSI^^
CO.,
Investment Securities,
Making a
$2,687 60
bonds see Chronicle August
Dealers in High-Grade
•EXD FOR CIRCULAR.
Farson,
of
BANKERS,
BONDS.
$1,400
Grad. Bd^.
$1,50203
1,47896
1,457 00
1,464 00
1,464 00
1,477 60
1,462 00
1,431 00
1.42800
,
[Established
it}4%
$2,600
Strtft Bor^cU.
.
INVESTMENTS^
\OX-TAXABL,E
$8,832
Sewer Bonds.
First National Bank, Youngstown
$8,596 71
DiilUr Savings 4 Tr. Co., Youngstown... 8,513 00
The Lamprecht Bros. Co.. Cleveland
8,483 75
K. KleyDolte & Co.. Cincinnati
8,44275
Croghan Bank of Fremont
8,438 00
Claude AshbrookeCe., Cincinnati
8,437 80
Feder, Holzman & Co Cincinnati
8,436 00
First National Bank, Barnesville
8,343 00
Denison. Prior & Co., Cleveland
8,29045
A
INVESTMENTS.
[Vol. LXIX.
Accountant,
j
€xchanae Building,
53 State Street,
BOSTON, MASS.
'
B>oki audited. Examinations and InvMtly*'
tions conducted with tlie t tmoat care
and eSiciency.
@FedFRASER