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H U N T ’S

M E R C H A N T S ’

W refely

M A G A Z I N E ,

gfu n sp ap u ,

R E P R E S E N T IN G - T H E IN D U S T R IA L A N D C O M M ER C IA L IN T E R E S T S O F T H E U N IT E D ST A T E S^
[ E n t e r e d a c c o r d i n g t o A o t o f C o n g r e s s , I n t h e y e a r 1 8 9 5 , b y t h e W i l l i a m B . D a s a C o m p a k t , 1a t h e o fflo e o f t h e L i b r a r i a n o f C o n g r e s s ,]

V O L . 61.

SATURDAY, SEPTEM BER

£hc

21, 1895.

N O . 1 ,5 7 8 1

parlson with 1892 the decrease fa seen to be 10 per cent,

C h ro n icle.

Werk enrtirvg Sejdembtr 14.

X006.

Clravino# <U—

Terms o f Subscription—Payable In Advance:
r o t O n e Y e a r .......................................................................... ............# 1 0 0 0
F o r S ix M o n th s ........ ..................................................................... ..
6 00
E u r o p e a n B n lw e n p tto n ( ta e la d in * p o s ta g e ) ......................... 1 2 0 0
E u r o p e a n S u b s c r ip tio n S i r M o n th s (Including- p o s ta g e ) .
7 00
A n n u a l S u b s c r ip tio n So L o n d o n (ia o lttd ln * p o s ta g e ) -----# 2 1 0 s.
Six M o*.
do.
do.
do,
___ * 1 1 0 # ,
T h e Isrx B T O its ' S c p p l c x c s t w ill h e f u r s ta ile d w ith o u t e x tra ch a ry*
t o e v e r y a n n u a l * a b « e rib « r o f t h e C o M s re n c u b a x u F w a x c ja l
<7HaONI€LE.
T h e St a t e a s d C n r ScpiT .E M E ^r w ill a le e be f a m i s h e d w ith o u t
e xtra ch a ry* t o e v e r y s u b s c r ib e r o f t h e O k r o s i c l k .
T h e S r s s r r B a il w a t s t r m - B e t a r r w!U lik e w is e be fu r n is h e d m ih
o u t e x tra ch a ry* t o e v e r y s u b s c rib e r o f th e C h b o k w l *.
T h e <JcoTATtox sori-L *M «3rr. is s u e d m o n th ly , w ill a l t o h e fu r n is h e d
w ith o u t e x tra ch a rg e t o e v e r y s u b s c r ib e r o f t h e C areoxiCU S.
f U e c o v e r s a r e s o ld a t 5 0 r e n t s e a c h ; p o s ta g e o n t h e s a m e 1# 19
c en t* . P ile r a r e r fo r s u p p le m e n t* .-an b e b a d a t offloe fo r 6 5 c e n t* o r
m a ile d f o r 9 0 c o o ts.

Philadelphia.......
BakWom:::.::::;:
■4,3*3.771
BuROln..............
W
.......
1.741,100
«
Sfraeoae............
704,721
WUmtjBitna**.....,»
Scranton............. / 734.S87
Brnghamton.......
Total Middle,.... m ,Q w Jn
^uton..--- ........
Providence..---- H a r tf o r d . ..... .
New BENVNtt.**...» *
Sgrtis«4®S4, «»..***■»

I ll

W «?roe#:t«r.....
Pm iim 4.et.ee, tree.

Full Rhre**..»..*»**
Uoweti

Terms of Advertising—(Per Inch space).

tm/m]

O n e t i m e ...................................... # 3 5 0 | T h r e e M o n th * 113 tim e s ) ..# 2 5 OO Now I f r i M v p . . . ,
O n e M o n th
(4 tim e s ) .. 11 OO
j S ix M o u th s
(2 6 ••
4 3 00 Total New Kn#,
T w o M onth#
(8 "
) . 19 0 0 T w e lv e M o n th s ,5 2 •* >.. 5 8 0 0
(T h e a b o v e te rm * f o r o n e m o n th a n d u p w a r d a r e f o r s t a n d i n g c a rd s.) n o c te n a tt.....* * .* -

iWt^ao
^531,834
«*tazjm

M ilw a u k e e .........
D e t r o i t . ..... ..... .

London Agent*:

M e ssrs. E d w a r d * a S u r r a . 1 D ra p e rs* G a rd e n * . E . C ., w ill t a k e sa b - Cleveland .........
o lu m b m . . . . . . . . .
s s r lp tto n * a n d a d v e r tis e m e n t* , a n d s u p p ly s in g le c o p ie s o f th e p a p e r SVorl*..
a s 1*. e a c h
»>iu'
wfftfttf Rapid*.,
W I L L I A M B . B A X * CO M P A X V , P u b l i s h e r * ,
iMZtngMK
p in e S tre e t, C o rn e r o f p e a r l S tre e t,
#a*dsaw*..»«*.«**«..
Baf ©Itjr* *.*••••*♦.*
Poor o v n c t B ox 038.
x k w
v o it
A ire ii,,,

ofeio...

Hmktmd...

C L E A R IN G H O U SE R E T U R N S .
The following table, made up by telegraph, etc,, indicates
th at the total bank clearings of all the clearing houses of the
United States for the week ending to-day, September 21, have
been |L<m,33t,fW6. against 11,014,690,351 last week and $881,
IMS,$38 the corresponding week of last year.

KalwftMRW.«$«*>«•» ■
Toledo*..
Tot. Mid. W m V n,

UN.

MW fMks.w**,
Bmm® ..... .*>*..

TtSM M l

.....

Bmiz&mn
€ Memtco. ..........

11*76?r«3 T

a t- t * m * .......

20,400*540

m m m O hW m

m m iA m

Salt. Id4« City.,*.,.
Seattle.
**,
TMHOH4-.**«*«•# ....
•w A llgei©*,,,,,,..
If

...........

N e w O r t m m - .. . . . . .

6.270,92$

I'.mi fjttto.,

tMtlkt*

fargo...... ...............
T M il Pantile., „«

17,46*1. s # s

5,037’J&M

IW f
iCm.lfc!

Kmmm*. C ity ..******
Mi ^ B e a p o l i* .,,.,

'

n M B jm

T f i T t k i T T g h s M i ''

F ra c e la e o . .....
PorilM id., >

*Tw* Ending S*pt*mhrr t l .

CLEABISBS.

a t mm.m H 1«l#fmphe

xmj.mi
um,m>
IM A i*
m ,w n
mmK
$ m
U&JX.
tw .tem
m.M7
»»,aiu:

P u tt!.,...........

&mvm..............
St.
Jtmopu..........
<m,m a k f..........
f>e*Mrsium...........
Llacoia^

S « T « a mtMm, $ 4 * f * ......
O t t « r j M m , B 4. » ? $ , . . . . . . . . . ,

W iebSta.,**.,

Total *u
$ 4AT*-~.!
All. mmm, 1 dnjr........
,S

Oaverifs^rt,**..;

.............
'romom*........ .

Tat* €»if*«r Wmk.\
8s, to u ii,.,.,........ .

New
mm aM m m
i:»n
MNL£4T
LottNWfllRw*.**.*,,..
Tiie full detail# of clearings for the week covered by the (mrmmts:... . . . . . . .
» I
jm to n ..
above statement will be given next Saturday. SVe cannot, of Ib
Rich
......... .
2 .m s IT
. .. .. .
course, furnish them to-day. hank clearings being made up by
the various clearing houses at noon on Saturday, and hence in A tlanta..,........
007,074'
f»7*ao«.’
the above the last twenty-four hour* of the week have to be SaohFlHe...... . . . . .
D a lla s .,.,..,., . . . . . .
060,0* 0
us all eases estimated, as we go to prees Friday night.
N orfolk.,...........
m m
Our neon) detailed figures for the previous week, covering
601*1761
the returns for the period ending with Saturday noon, Septem­ Birmingham.,........
SSI.8321
ber 14, are given below, and we also present the results for the Jaei^oEtellJ#,,,. ...
corresponding weak in 185M, 189* and 1892. In comparison E fitS r® ;::::::
with the preceding week there is an increase In the Total S outhern,. tijm W *
aggregate exchanges of slaty-nine million dollars, but T otal a l l .. . .......... I.014S9»,!15I _87_l.m5g7
at Now Aork alone the gain is nearly thirty-three millions.
-■
Contrasted with the week of 189t the total for the whole O utside N. York. W its m
M ontreal,*............
show* an increase of 16*4 per cent. Compared Toronto.................
\s m
with the week of 1893 the current returns record an excess H a lifa x ...................... i 1.1U.D3P
035.549
. , ' , Ptr cent and the loss from 1993 fa 13 6 per cent. Out­ HWainninesr,...........
674.770
m i lto n .* .... . . . . .
057,785
side o f hew York the gain iver 1994 is 7*3 per cent. The Total
Canada.
10>76,611
mwstm over 1893 reaches 24 1 per cent, but making coin* N « t in o la d a d la to ta l* .
T o ta l .nil m u m to r rmmU.

1

1A3!
4A0.000:
Q7 /aoi

607,335

K

300,COO

fie,oat
s s jiip S

«0,‘36*
-sS5ii3i
i , m . M5,<68
4S7.197.4S2

1,092,299
8S«.87i

THE CHRONIC IE.

490
TH U

F IN A N C IA L

S IT U A T IO N .

An easier and lower foreign exchange m ark et and a
decided increase in the calls for discounts a t our C lear­
ing House banks having most extensive S outhern c o n ­
nections arc the features of the week. They indicate
one and th e same fact : they give notice th a t the
cotton crop has at length begun to move, th a t foreign
exchange is in process of being made freely, and th a t
we are nearing th e end of this period of gold exports.
These exports, as we have often said, have no signifi­
cance whatever as evidence of disturbed credit. -The
people who have been so sensitive about th e m ovement
have failed to study th e real situation. N ot for years
has cotton been so backward as th is year. Look at the
table in our annual cotton crop rep o rt (Sept. 7) of th e
new «rop m arketed up to Sept. 1; also look a t our su m ­
mary (in our usual ootton report) of cotton com ing in
sight week by week. N otice w hat a con trast w ith form er
years each exhibit of th e early m ovem ent of th e staple
presents. These are tell-tales ; th ey stam p th is season
as phenom enal for th e backw ardness of the staple.
W ith then cotton (usually such a large and productive
resource for fu tu re and spot bills in A ugust and th e re ­
after) hitherto not in a condition to be m arketed ; with
a dearth of breadstuffs for export, due to last yearns
crop failure and th is year's short yield of w inter w heat,
and w ith general trade developing so rapidly th a t im ­
ports of m erchandise are increasing m aterially, ap p ro x ­
im ating the norm al figures of prosperous years, w hat
event could be more n atu ral or more certain th a n gold
exports ? B u t when cotton begins to move freely all
this will be changed ; rem em ber, too, th a t cotton is
now nearly 2 cents a pound h ig h er th a n it was last
y e a r ; it always makes exchange fast—it will make it
faster this season.
T he gossip about another bond sale by the G overn­
m ent which has been so u n in te rru p te d aad has as­
sumed such a confident air w ithin th e last two or th ree
weeks has been fu rth e r stim ulated this week by the
presence in New Y ork again of Mr. W illiam E . C ur­
tis, A ssistant Secretary of th e T reasury, and especially
by a consultation in the S ub-T reasury b ii! d :ng, at
which Mr. C urtis, Mr. Bacon of J . P. M organ &
Co., and Mr. Jo rd an , A ssistant T reasu rer, were
present.
No conclusion by outsiders on being in ­
form ed of such a m eeting could be easier reached, and
as for th a t none would be more readily believed by a
credulous public, th an th a t th e consultation indicated
ju st what th e gossips claim ed. Y e t strange to say the
subject of another bond sale w hich has so engrossed th e
S treet was as rem ote from the actu al topics of conversa­
tion as any G overnm ent interest could be. Indeed we
can state positively th a t th e m atters u n d er discussion
on th a t occasion had no relation to G overnm ent issues,
either past, p resen t or future.
W hat a thoroughly unreasonable fabrication all th e
rum ors about a new bond sale have proved to be ! So
far as we can learn we cannot discover th a t any of the
parties to tn e last negotiation have suggested the idea
or have th o u g h t it desirable. Surely no one has eve
seen evidence of a hysterical n atu re about the P resi­
d en t; and those who know his views best are positive
in th e ir assertion th a t he has never considered th e pro
posal, Secretary Carlisle also, we v enture to say, is
innocent of th e th o u g h t of any such transaction.
B ut aside from th e individuals concerned, w hat is there
to-day in th e situ a tio n jsu g g e stiv e of such a need?

[V o l . LXI.

N >tmng a t all, except s > far as the opinion may have
been prom pted by th e gold exports.
T h a t outflow we
have seen has been necessary and n atu ral, and bears no
analogy to the movement early in the year. B u t what
is m uch more im p o rtan t is th a t we are now f icing not
only different b u t most favorable conditions of our
crops and of trade. L ast F eb ruary we had alm ost
n o thing to sell, w ith th e prospect th a t for six m onths
this little would be grow ing less. Now we have every­
th in g to sell, w ith the prom ise of a large increase in
our exportable surpluses du rin g fu tu re m onths. T his
means not only cotton b u t a large surplus of all crops
and th eir products; it means m inerals (see an articls
on th a t su bject on a subsequent page) th a t are
being m ined in greater quantities th a n ever before;
it likewise means increased supjflies of alm ost all kinds
of m anufactured goods w hich we usually export. M ore­
over and besides these things our railroad and o ther
securities, if gauged by th e ir earn in g power, are daily
becoming more valuable, whereas in F eb ru ary last th is
condition and th is tendency were w ith reference both
to commodities and securities in th e opposite direction.
Now in face of such facts as these, and especially in
view of th e im proving value of railroad securities,
would it not be most injudicious for th e G overnm ent
to make and ask th e world to take some more G overn­
m ent bonds?
An excellent illu stratio n of the change in th e s itu a ­
tion here noted is fu rn ish ed by th e weekly re­
turns of earnings of th e Chicago M ilwaukee & S t.
Paul Kailroad. U p to th e beginning of th e present
fiscal year, on the 1st of J u ly , th is road showed larg«
and constant decreases in its weekly reports. T he
falling off followed from th e general business depres­
sion and from the poor harvests in th e road's te r ­
ritory last year. Since th e 1st of J u ly a change has
occurred in th e character of these weekly rep o rts, and
now they quite regularly show gains. F o r th e la te st
week— th a t is the second week of Septem ber— th e gain
is very notew orthy, am ounting to $87,896, or over 13per cent.
Of course this increase comes after a
decrease both last year and th e year before, b u t it is a
striking and significant fact th a t ta k in g th a t week as
a basis earnings now are close to th e largest ever m ade
in the co npany’s history. To indicate ju s t how th e
results com pare for a series of years, we fu rn ish th e
following brief sum m ary for th e first a n d second weeks
of Septem ber. I t is proper to say th a t for th e earlier
years we have added on the earnings of th e M ilw aukee
& N orthern, so as to make th e basis of com parison th e
same for all the years.
GROSS EA RN IN G S O F CHICAGO M IL W A U K E E * ST. P A U L .

18 9 5 .
$
1 s t w ’k S e p t 6 7 5 ,0 2 3
2 d w ’k S e p t . . 7 3 7 ,3 5 8

18 9 4 .
$
6 6 1 ,1 0 2
6 1 9 ,4 6 2

1893.

18 9 2 .

18n.

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

1890.
6 2 4 ,3 2 9
6 5 7 ,7 5 9

Hence i t will be seeu th a t for th e latest week th e
earnings come w ithin $9,000 of the exceptionally large
totals of 1892 and 1891. In o th er words, gross earnings
at $737,000 for the second week in 1895 com pare w ith
earnings of $746,000 in 1892 and 1891, barring which
years the present total is th e heaviest on record. T h e
fact th a t th u s early in the new crop season th e re tu rn s
should make such, very favorable com parisons w ith th e
best of previous years is both encouraging and signifi­
cant. Of course, St. P aul is favored in being situ ated
in th e spring-w heat territo ry , where th e new crop has
already begun to move. B u t th a t furnishes only a par­
tial explanation of the present excellent earnings. Thetru th is, th ere has been a great revival of business all

S eptem ber 31, 1895.]

THE CHRONICLE.

oyer the W estern country, In p art as th e result
of the good crops, in p a rt as the resu lt of the general
recuperation of trade
in all p o rtio n s of the
U nited States, and this is giviog th e transportation
lines an increased tonnage in m erchandise an d general
freight.
In the an th racite coat trade, also, there are indica­
tions now of a change for the better in th e situ atio n .
T h i 3 trade has been the last to fall in line with the
general im provem ent. F o r m any weeks every one has
been waiting for an announcem ent of an agreem ent
am ong the producing companies to signalize a g reat
advance in th e selling price of an th racite. So far as
the public is inform ed th e relations of th e companies
rem ain th e same as before, b u t an advance iu prices
has come in a perfectly n a tu ra l way. I* has been felt
all along th a t it was folly to co n tin u e to sell
coal at the low figures ru lin g , and as a m atter
of fact some of th e com panies had stopped se«-k
ing new business a t those figures, m erely s u p ­
plying
and protecting th e ir old patro n s.
It
appears th a t all th a t was necessary to b rin g about a
change was for one company to announce an advance,
and ail the other companies were w illing to follow in
its footsteps. Som ething like th is has happened twice
recently, 25 cents per ton being added to th e price
each time. T he result is th a t the com panies are not
taking orders now at less than $3 25 psr ton for stove
coal, while in Ju ly sales were made at #2 75 p er ton.
T here have also been advaaces by t e retail dealers,
and likewise advances to the line trade a t Pailadelphi*.
T here have been reports furth erm o re th a t som e of the
companies had decided to advance tolls on c o d . Alto­
gether, the outlook appears to be b etter th a n it has
been for a long tim e past.
We may note, too, th a t the revival of business
activity is working to the advantage of some of the
bitum inous coal roads. Many of these have baeu
obliged to carry coal a t unprecedentedly low figures. In
reviewing the report of th e Chesapeake A Ohio re­
cently we poiuted out th a t th a t road had been able lo
realize an average of less than 3 m ills par to > per
mile in the late fiscal year on its tide-w ater coal
and an average of less than 4 milts on its co d
shipm ents to other points. T he com pany has now
made a move to secure more rem unerative rates,
and at a m eeting of the directors this week P resid en t
Ingalls was authorized, in view of th e im provem ent in
trad e along the line of m e road, to advance ail the cod
rates.
T he extraordinary activity in the iron trade
is another circum stance th a t will operate to th e a Ivan
tage of a great many roads. T ne effect of the changed
situation upon the fortunes of some of the iron com ­
panies is well indicated by the report of th e Tennessee
Coal it Iro n Co. for A ugust, showing net the present
year for th a t m onth of 1107,923 against only 136,700
last year.
Among th e features of th e week have been a rise
followed by a decline in the rates for money on call,
th e form er due to special influences and th e la tte r to
liberal offerings by tru st com panies and oth er lenders.
Last week’s bank statem en t showed a loss of 19,436,300 cash, following 13,821,800 in the week before,
and m aking #13,258,100 for th e two we-ks, the result
of the movem °nt of currency to th e in te rio r an d also
of the shipm ents of gold to Europe, T n e surplus
reserve o f the banks wag last week reduced by #8,161,525 and the week before by #4,303,150, m aking for
the two w .eks #12,461,875, and carrying the surplus

491

down to $26,685,259. T he statem en t was made on
declining averages, the greater p a rt of the currency
shipped to the W est and of th e gold sen t to E urope
having been w ithdraw n tow ard the end of th e w eek.
T he m ovem ent of currency to th e in terio r th is week
has been large.
T he heavy loss of reserve reported by th e banks on
Saturday last naturally influenced th e m arket for
money on Monday and a fa rth e r influence was exerted
by the calling in of about $4,000,000 loans by one of
the banks in connection w ith a reorganization scheme
in w hich one of its large depositors was in terested.
D aring th e day th e rate on call was advanced to 3 per
cent, b u t the bulk of th e business was done at
per
cent. On the following day the h ig h ra te b ro u g h t in
a better supply of m oney and the ra te fell to 2 p er
cent, and on W ednesday there were liberal offer­
ings by large tru s t com panies, railroad com pa­
nies and other lenders, w hich caused a fa rth e r
fall to 1 > per cent, th e business on th a t day and on
T hursday bring chiefly a t 14 per cent. Y esterday th e
rate was 14@2 per cent.
T he average of loans on
bankers’ balances for the week has n o t been above 2
per cent. Banks and tru st com panies on Monday
marked up th eir loans to 24 p er cen t as th e m inim um
and many of them felt quite encouraged a t the o u t­
look, but when the large tru s t com panies and other
institutions made such liberal offerings on W ednesday
rates a t the banks fell off to 14 per cen t as the m in i­
m um and there was a feeling of disappointm ent. I t
is believed, however, th a t money will react us the re ­
sult of decreased bank reserves and th a t a t least 2
per cent may speedily In esU lished as the m inim um
on call. T he activity of money early in the week
caused lenders on tim e to hold th eir rates more firmly
and quotations were advanced to 2 per cent for th irty
days, 3 p er cent for sixty to ninety days, 3 | per cent
for fo u r and 4 p er cent for five to six m onths, b u t th e
dem and was lig h t, and later in the week offerings were
made a i cot cession# ; sixty to ninety day m oney was
quoted at 3 per cen t and five to seven m onths
loans at 3§@4.
Banks having large correspondence
with institu tio n s in th e in terio r report a more general
inquiry for re-diacoants not only from all the grainproducing States, b u t from the cotton S tates also.
Tnia inquiry for re-di3counts will largely account for
the increase in loans by the banks from #513,532,500
for the week ending A ugust 24 to #522,698,900 last
Week.
T he local supply of com m ercial paper is not
large, indicating small borrowings by m erchants, and
th e dem and is som ew hat restricted by the absence from
the m arket of the U rge banks which are m eeting the
requirem ents of th eir correspondents. A t the same
tim e brokers rep o rt a goo i business a t full rates and
quotations are 4 per cen t for sixty to ninety-day bills
receivable, 44@5 per cen t for four m onths’ com m is­
sion house and prime four m onths’ single names,
5 i per cent for prim e six m onths and 5£@7 for gsnd
four to six m onths’ single names.
T nere were no im p o rtan t features in the E uropean
financial situation this week. T n e Bank of E n g lan d
m inim um rate of discount rem ains unchanged a t 2 per
cent. T he cable reports discounts of sixty to ninetyday bank bills in London 11 16 of 1 per c e n t.
T he open m arket rate at P aris is I f per cent, and at B er­
lin and F ra n k fo rt it is
per cent; the advance in
Germany was due t » preparations for the quarterly
settlem ents. According to our special London cable
th e Bank of E ngland gained £974,420 bullion during

492

THE CHRONICLE.

rvoL. Lxr..

F r i..
M o n .,
T u e ? .,
W e d ..
T h u r s ..
F r i.,
the week and held a t the close of th e week £42,874,
S e p t. 13. S e p t. 16, S e p t. 17. S e p t. 18. S e p t. 19. S e p t. 2 9
036. O ur correspondent fu rth e r advises us th a t the
P9
89
89
89
89 8 *
88*
90
90
90
90 9 *
| S i g h t ....... 90
86*
gain was th e result of the im port of £1,220,000 (of B irin /? ,‘
89*
( R O d a y s .. SO *
89*
89*
89*
8 9*-9*
90*
90*
90*
90*
M a g o u n & C o . { S ig h t....... 0 - *
9 0 H -9 0
w hich £1,090,000 were from th e U n ited States, £96,000 R a n k B r itis h I iW d a y s .. 90
89*
89*
89*
81*
89*
9>*
90*
90*
90*
A m e ric a .. J S ig h t....... 91
» l*
from A ustralia, £21,000 from China, £6,000 from the B aNo.
8
9
*
89*
89*
nk o f
( 6 0 d a v s .. 89}*
89*
89*
M o n tr e a l.........\ S ig h t... . . 9 0 *
90*
90*
to *
e ti* ,
90*
C ontinent and £7,000 bar gold bought), the
C a n a d ia n B a n k ( 6 0 d a v s . . 8 9 *
89*
89*
89*
89*
80
90*
90*
o f C o m m e rc e , t S ig h t ....... 9 0 *
90*
90*
90
receipt of £89,000 from the in terio r of Great B ritain,
89*
89U
U e td e lb a c b .I c k - (60d a v s . . 90
89*
89*
89
90*
90*
to *
90*
e l b e i m e r & C o I S ig h t ....... 91
90’
and th e export of £335,000, of w hich £215,000
80*
89*
90
89*
89
89
L iz a rd F r e r e s .. j
‘
90*
90*
90*
90
91
90
were to the Cape, £100,000 to E g y p t and £20,000 to
81*
89*
89*
M e r c h a n ts ’ B b . ( d O d u y s .. 90
89*
81*
90*
so*
uox
90*
o f C a n a d a . . . . ( S i g h t ....... 91
90*
M alta.
T he foreign exchange m arket has been lower this week,
The m arket closed steady on F rid ay at 4 884@4 894
influenced by greater activity in money and by a lig h t for sixty day and 4 894@4 904 for sight. Rates fo r
dem and, but rates show only fractional declines and actual business in sterlin g were 4 884@4 8 8 f for long,
bankers report th a t the supply of bills on th e m arket is 4 894@4 894 for short and 4 894@4 8 9 f for cable
increasing only slowly. T here have been some offerings transfers. P rim e com m ercial sterlin g was 4 87f@ 4 88
of spot cotton bills a t 4 88, which is a little lower than and docum entary 4 874@4 874. T he B ureau of S tatis­
the same kind of bills were offered last week, b u t even tics at W ashington has this week issued th e re tu rn of
this price is regarded as too high considering th e fact the country's foreign trad e for A ugust, and we give
th a t cotton o ught to move more freely by the end of the figures below in our usual form .
the m onth a t least. S jme grain bills have been offered
F o r e ig n T r a d e M o v e m e n t o p t h e U n it e d S t a t e s .
In th e fo llo w in g ta b le s t h r e e c ip h e rs (000) a r e in a ll ca ses o m itte d .
from Chicago for D ecem ber and early m onths n e x r.
1 8 9 5 .------------------- ,------------------1 8 9 4 .-----------------year and small am ounts of these have been bought, M e r c h n n - Exports. Cmpcrts. Excess.
Exports. Imports.
Excel*
1
$
d in e .
1
$
i
l
b u t as a rule commercial fu tu res are held a t com para­ Jan .-M arch . *20 *,374 1 9 5 .1 6 6 + 7 ,2 0 3
2 * 1 ,6 7 0 1 0 5 ,4 7 4 + 5 6 ,1 9 5 1
9
0
,4
3
5
1
8
1
.4
9
2
1
1
.
9
4
3
1
S
2
.5
S
0
1 0 0 ,9 0 5 + 1 5 ,6 7 5
tively h ig h figures. T he dem and has been lig h t, partly A p ril-Ju n e..
73,0 2 9 - 1 0 . 4 8 8
50.5 4 1
52+94
6 8.866 — 1 6 .1 7 2
J u ly .............
for th e reason th a t rem itters have held off in exp ecta­ A u g u st........ 5 5 ,7 3 8 71.0 2 1 - 1 5 ,2 8 1
0 0 ,7 7 6
5 1 ,6 9 7
+ 9 ,0 7 0
tion of lower prices but m ainly because th e m ost u r ­ T o ta l........ 4 9 9 .1 4 5 5 3 5 ,6 5 1 —3 0 ,5 0 6
5 1 7 ,7 2 0 4 5 2 ,9 4 2
+ 6 4 .7 7 S
o ld .
gent inquiry from bankers was m et last week by th e J aGn .-M
3 0 ,6 2 0
14.1 0 9 + 1 6 ,5 1 1
8,509
a rc h .
3.937
+ 4 .5 7
4,612
- 7 ,2 3 4
6 2 ,4 1 1
1 1 .8)6
7,508 + 5 4 ,9 0 3 "
shipm ents of gold. T he m ark et opened easy on Mon - A p ril-Ju n e..
3.867
572
+ 3 ,2 9 5
1 4 ,2 3 0
J u ly ..............
1,407 + 12.823day and the B ank of B ritish N o rth A m erica, H eidel- A u g u st........
10.667
1.507 + 15.1 6 0
5.119
3.184
+ 1 ,9 3 5 bach, Ickelheim er & Co., L azard F reres and th e M er­ T o ta l......... 5 5 .766 * 8 ,0 6 4 + * 7 ,7 0 2
9 0 ,2 6 9
1 6 ,0 8 6 + 7 4 ,2 3 3
ilv e r.
chant's Bank of Canada reduced th e ir posted rates to J anS .-M
+ 9 ,0 1 2
1 0 .6 1 9
1,607
1 2 ,4 6 7
arch .
2,427 + 1O .C 40
*,705 + 1 0 .5 7 3
11.2 4 8
2,158
+ 9 .0 9 0
4 89£ for sixty days and 4 904 for sight, while rates for A p ril-Ju n e.. 1 3.278
4.814
773
+ 4 ,0 4 1
3,214
Ju ly ..............
958
+ 2 ,2 5 6
actual business in sterling opened one q u a rte r of a cent A u g u st.........
4,554
1,118
+ 3,436
4,411
f ill
+ 3 ,5 0 0
33,2 3 5
0.203 + * 7 .0 6 2
lower compared w ith F riday, at 4 S84@4 8 8 f for long,
3 1 .3 4 0
6.454 + 2 4 ,8 8 6
T o ta l........
o ld i n O r e .
4 894@4 89£ for short and 4 89f@ 4 90 for cable tra n s JaGn .-M
280
259
+21
7
141
—134
a rc h .
38
572
-5 3 4
3
195
—192
A
p
ril-Ju
n e..
fere. T here was a w ithdraw al of $850,000 gold from
172
-1 7 2
10
81
—71
J u ly ..............
th e Treasury by W. H . Crossman & B ro., and of $150,
3
129
-1 2 6
2
97
—95
A u g u st........
321
1,132
514:
-8 1 1
22
—492L
000 by H . J . B aker & Bro., dealers in chem icals, for
T o ta l........
S i l v e r in O r e .
shipm ent on th e following day. On Tuesday the J an .-M arch .
5
*,876
- 2 ,8 7 1
1,641
79
- 1 ,5 6 2 .
3,202
31
91
1,587
-1 ,4 9 6
- 3 ,1 7 1
m arket was again easy, an d rates for actual business in A p r il- J u n e .
925
—925
14
869
—855J u ly ..............
sterling were fu rth e r reduced one-quarter of a cent. A u g u st...... .
26
1,075
—1,049
8
934
—926
62
8,078
—8,016
192
T o ta l........
5,031
- 4 ,839
T he withdraw als of gold for sh ip m en t on th e following
+ E xcess o f e x p o rts— E x c ess o f im p o rts .
day were small, am ounting to $250,000 by H oskier,
We subjoin the totals for m erchandise, gold an d
Wood & Co. H andy & H arm an announced th a t they
would send $150,000, the proceeds of sm elters’ silver for th e eight m onths for six years.
bullion. The m arket was dull and steady on W dnes
Me r c h a n d i s e .
Go l d .
SILVER.
day, and rates for actual business were unchanged.
Excess
Excess
Ex­
Im ­
E x­
Im - ! * “ • »
T here wa3 a w ithdraw al of $150,000 gold by Oelrichs & M08. Exports. Imports. of ports.
of
ports.
ports. ports. K f f Exports
Expons
ports.
Co. for shipm ent on th e following day, and H andy &
t
1
*
t
%
t
t
»
H arm an prepared to send $100,000, th e proceeds of I S 9 5 1 9 9 t,1 4 5 5 3 5 ,6
5 1 *36,506 56,087 2 0 ,1 9 6 * 6 ,8 9 1 3 3 ,2 2 7 14,281 1 9 ,0 4 6
Bmelters' bullion. On T hursday th e m ark et was again 1 S 9 4 . 5 1 7 ,7 2 0 4 5 2 .9 4 2 6 4 ,7 /8 90.291 1 6.550 73,7 4 1 3 1,53* 1 1 ,( 8 5 1 * 0 .447
1 S II3 5 3 1 ,1 9 ' 5 7 9,025 *47,830 7 4 8 i2 5 9 ,2 8 2 15,560 * 8 ,6 1 7 13,091 1 5 ,5 8 6
quoted dull and steady u n til the afternoon, when the 1 8 0 2 G O *,4 0 2(568,639 3 3 ,1 6 3 58,401 *,910 4 9.491 2 0 ,1 8 5 n . m l
o8 i
*10 ,9 0 2 7 7 ,2 9 5 5.730 71,5 6 5 14,483 9.909 4,574
tone was somewhat affected by a reduction in rates by 1l s8o0 n1 .. 55 0534,0,74390 !j55 65,641
19.887 *40.847 2 2 .1 5 7 N.S23 1 3.934 1 8 .4 4 5 13.9011 4.544
* E x c e s s o f i m p o r ts .
Brown Bros, to 4 884 for sixty days and 4 894 f° '
sight, and by L azard Freres to 4 89 for long and 4 90
In the last table gold and silver in ore for 1894 and
for short, b u t there wa3 no change in rates for actual 1895 are given under the heads respectively of gold
business, and at th e close some of th e bankers reported and a l v e r ; for the other years both k in d s are in clu d ed
th e m arket firm and quite bare of all kin d s of bills, in the m erchandise figures.
which fact they had discovered on a tte m p tin g to make
We give to-day on an o th er page our review of th e
purchases. Y esterday B aring, M agoun & Co., Heid- net earnings of U n ited States railroads for th e m o n th
elbach, Ickelheim er & Co. and th e C anadian Bank of o r Ju ly . T h e figures make of course a favorable com parCommerce all reduced th e ir posted rates to 4 89 for :son w ith a year ago. We also have a few early re tu rn s
sixty days and 4 90 for sight. T he tone of th e mar f i r the m onth of A ugust. T h e B altim ore & Ohio fo r
k et a t th e close was steady, w ith no new fea th a t m onth reports $45,102 decrease in gross, $38,619
tures. T he only engagem ent of gold was $150,000 decrease in n et; the P ittsb u rg C in cin n ati Chicago &
by a firm of jewellers for shipm ent to-day. T his makes S r. Louis, one of the lines in the P ennsylvania RR.
th e total gold exports for th e week $1,800,000.' system, $97,465 increase in gross, $81,848 increase in
T h e following table shows th e daily posted rates of net; the N ashville C hattanooga & St. L ouis, $17,152 i n ­
exchange by leading drawers.
crease 'n gross, $2,584 increase in n et; and th e San,

S eptemb :b SI, 1S95.

THE CHRONICLE

493

com m unity, aDd fo r another th in g th e traffic and reve­
nues of our tran sp o rtatio n lines. I a this la tte r p a r­
------- July J ’a m i m - ---tic u la r th s effect o ' a favorable or an unfavorable
189 i.
1893,
1892.
^ lic k
*
$
*
*
re su lt is certain to be very pronounced, for these tra n s­
Name o f Road—
223 851
275.671
SIS.055
292.857
B orL Ceil. R ap. £ N o rth , . .Gross
25,635
60,252
75.058
73.622 p o rtation lines exist as agencies b e ta for d istrib u tin g
Net
1,0*7.265
1,534875
G ra n d T r a n k . . . , --------- ...
46 1,701
432.684
th e products of the ag ricu ltu ral classes and th e sup­
38.874
39,618
41.8)7
41,353
I n d ia n a B ee. & W e s te rn -.. - g ro s s
a
s
m
i
1.260
plies needed by them . H ence it is n o t unlikely to
12,33/
17,750
N et
127,017
131,378
143,901
IW M
Iowa Central,........ ....
30,411
36,991 happen th a t tha a g ric u ltu rtl tonnage and th e g en eral
42.691
30,067
280J87
275,942
2 5-2,078
L ak e E rie & W e ste rn . . . . . . . G r o a t
m erchandise tonnage will co n tract or expand sim ul­
105,563
144.9.5
112,430
N et
T *J g i 11
taneously. I q d eterm ining too, in large m easure, the
iS it*
1892. ’
is m .
Name o f Road—
size of our exports and the course of foreign exchange,
2,197,487
2^26,997
2.4 •5.11 i
..G ross
B a ltim o re * O h io ..
831.67 >
S10,529
->Ji,lS7
Net
H fk
upon which hinges the question of gold im ports or
302.63*
350.932
147.768
N ash . C h at. * St, L o u is.......G ross
400,893
181,740
129,440
176,557 exports, the a g ricu ltu ral situation is a m atte r of great
Net
I»i*8£3
Inc.'ri.t'W D ec.tSJ.95l In c. l<?4.«2’
P itts , a n . C h ic .* S t. L .. ..G rass
N et
IneJdiygiS luc.73.m n. D eo .-7.691 Inc. 71,185 consequence.
89.785
fL S 'tS
07.35
S an F ran . & No. P a c . ..........G ro a t
f\p i
B ut while conceding to the crop3 a position of the
*3,217
30,988
42 243
N et
S1.4 >7
T he following statem en t gives th e week’s m ovem ents highest im portance, it is no less tru e th a t our
of mcmey to and from the in terio r by the N ew York mineral product! iris likewise occupy a very prom inent
place in tha co u n try ’s activities—-a m uch more p-om ibanks.
nent pi ice th an the public at large is inclined to th in k
VFttk Ending Sept 20, 1895.
Received by Shipped by ■ Net Intern#
they have. In fact, it may be affirmed th a t they occu­
y . r . Bank*, St, T, Bank*-)
Movement.
py a position not greatly subordinate to the cro p sth cn iC u r r e n c y ..................................................
8,891,000 $5,3 6 0 ,0 0 0 Lo **.$2,089,001
500,000 Lot*.
2 0 0 ,0 0 0
.......
3 0 6,000
G old ................ ...............
selves. In the term m ineral p ro lu ctio a3 is included
T o U ! g o ld an d le g a l !e n d j r » „ . . . fU .9U l.000 00 ^ 00.000 . « m *s.» « 3 noo
those two iadispe isables of m odern oiviliz iti m , iron
With the S n b - T r e a a o r y operations an 1 gold exports a id ooa’, and to say this is e q iiv a le a t to saying th a t
the mineral products l b at the vary basis of th s coun­
t b e m u l t is as follows.
try ’s m am ifactftring grow th and developm ent. As th e
m uof
Sl*t ChoiH «te
s v „ i g VJ.T-.S Stvt., SO. USDS.
ou
tp u t o ' m inerals is not a lb j act to m itsorologi cal i n ­
Bank*.
Bank*.
Bank rtMAtni *
B a n k s ' In te r io r maromoat, m a b o r e # I M 1,000 *S SdO.OOO I> » * $%fr».OOQ fluences in the sense th a t the crops are, th e totals obvi­
Btib-Tm m. ©per, &ad g o ld oxpt*
91*300,000 39,390,000 L u a 7,000,000
ously do not fluctuate as widely as those of the
T o ta l go ld a n d le g a l te rn l» r» ....... « « .» 9 l.O O O * 3 t .l i o ,n o o f « « . p.srt'i.'gJn
crops. In tim es of general business prosper!ty the te n ­
T he following table indicates th e am ount of bullion dency is upw ard, and the a |* rig a te s generally keep
x j the principal E uropean banks th is week and at the rising higher taal higher; on tin o ther hand, in tim es
corresponding date last year.
of business depression the tendency is as a rule towards
lower totals, w ith a resulting rsuction from the previ­
September 19, 1896.
$§piem*Mr
IS M
B atsfcs/
o u s highest fig ires. I t is this absoneo o ' violent fluoSlisspr,
Tom ,
Shimf
ttea
! tuat ons th a t d iu b tless explains th s la c k o f ia tsra st and
|
£
£
t
s
E n g la n d . . . . . . ] 42.874,0 ‘6
42 8? 4.A14'
7$Wt;
lack o ' knowledge r e g r d tn g th s im p o rtu n e and ex ten t
FfikOCO,.____ !
I3OJ07O ?i*5.
G e r m a n y ,.... J 34.73 >-JS82; li.L ^ T ^ H :48r&2*.7*0;
%7,7'Uj
j of the mineral in d u stries.
A o -tL -IIaa ^ ’y ' 21
*4^»7/8XH 4,138*
Ties® reflexions asem p e rtin e n t in view of th e reS p a in ....
SyOtyt'OMjiMuo 0Q0 i f 824, >•*>; 7.861 i i
Natherlasds J 4^885.QOoj
ll.tw » .:
-u
'ts
disclossd by the ta b u la tio n r-fsrrod to above.
Nai.B*>iKfttni,
t 2 m **>;
The
figures
c over the caioa liar year 1 SO 1 aud are issued,
T o t .t b l s w@«it T9-i .fr$' •,.1.3*
ip u p ^ i
IftO 39&$$
T o t , p r e r . w Tie' I f i,|3 f
we believe, earlier th an thosa for any preceding year—
thanks to the in lu itr y and assiduity of Prof. Di vi I T .
Day, the com piler, and of Charles IT W alcott, th s D i­
OC/f MINERAL PRODUCTIONS AND
rector of the G »ol ogical S urrey. Tnu ysar 1891, we all
B US1NESS A 0T1VIT J
know, was a period of vary great depression in business,
T he great activity which is c h ir a c te m ng th e iron and yet even for such a year, when aside from the fa ll­
trad e at present in all its branches gives m uch in terest to ing off in the dem and for m inerats the value of th e
a statem ent of the m ineral products of the U n ited S; ites product was fu rth e r dim inishsd by th s decline in prices
for a aeries of years ju s t issue! by the U nited tb a t-s G -o- — even for th a t year th s aggregate v d a e of th e m ineral
logical Survey. T oe statem ent is also suggestive of the products, according to the com pilation named,, w.03 no
im portant p art played by o a r mineral industries ia the less than 527 m illion dollars.
I i one sense such a
m anufactu rin g activity and grow th of the country. Urge to tal should not seem surprising, for the U aited
How many persons have any idea of th e m agnitude of S .atea is one of the forem ost m an u factu rin g nations of
the yearly o u tp n t of th e mine*, quarries, &
of the (he world— In Borne branches it surpasses all other n a­
T atted S ta te s? O ur atte n tio n is so constant!v lived tions— and tha iron, the copper, the lead, the building
upon the crops as act in llien o e affecting business th a ' stone, etc., and the coal, furnish the m aterials out of
we are ap t to lose sig h t of the presence aud potency of which or with the aid of which the m anufactured pro­
this other agency in the co u n try ’s we’fare.
ducts are made. Tnero is this sharp d istin c tio n , how­
Of course no com petent critic wool i contend th at ever, between our m anufacturing activity and th a t
the crops are c o t an elem ent of very g re a t m om ent in of the leading E uropean co u n tries—E ng lan d for i n ­
our industrial affairs. W aeth er th e harvest of our stance: th eir m anufactures to a considerable ex ten t
leading productions— gratu, cotton, d o .,— is to be good are for the foreign m arkets, ours are alm ost entirely for
or b id , and whether th e prices realize! by the farm er the horns trad e, the w ants of our large population being
and planter in selling them are to be s itisfactory or the diversified and extensive.
reverse, are m atters whoa* far-reach in g influence it
We may co ntrast the total of the m ineral products
would be did!enIt to exaggerate. Upon th e outc >tn ■ ia 1894 at 527 million dollars w ith tb.3 estim ated value
depends for one th in g th e p u rchasing power of the of some of th e leading crops in the same year. T he
producing classes, c o n stitu tin g a large portion of the A gricultural B ureau at W ashington calculated th e

Francis jo & North Pacific,
$5,760 d ecrease in net.

in

g ro ss.

S3

i

-g

decrease

494

THE CHRONICLE.

rvoL. l x i .

value of th e w heat crop on the farm s in th a t year a t one a non-raetallic and the o th er a m etallic substance.
only 226 m illion dollars and th e value of th e oats crop Coal counts for 186 million dollars in th e results (in ­
a t 215 m illion dollars. E ven the corn crop, which cluding both bitum inous and an th racite) and iron for
transcends in im portance any single crop produced in 65 m illion dollars. An <xam ination of th is la tte r item
this country, had an estim ated value of only 554 serves to reveal a t once the ex ten t of last year’s depres­
million bushels, or b u t little more th a n th e 527 m illion sion in th e iron trad e and the im portance and fartotal of the m ineral products. I t will no doubt be said reaching effects of the present recovery and activ ity in
th a t we are com paring w ith a y e ir of very poor crops, the trade. T he 65 m illion dollars represents 6,657,388
and th a t is so. B u t on account of th e u n favor­ gross tons of iron, th u s valued a t less th a n te n dollars
I n 1893 the product was 7,124,502 tons
able character of the year th e total of th e m ineral per ton.
products also was a small one and was m uch below th a t valued at $84,810,426, in 1892 9,157,000 tons valued at
of other recent years. In 1892, th e year before the S131,161,039, in 1890 9,202,703 tons valued at $151,developm ent of th e panic, when th e total was a t its 200,410. As against the 6 f million tons o u tp u t for
m axim um , th e value of th e m ineral o u tp u t was over 1894 we are now producing at the rate of over 10 m illion
tons a year, and prices are several dollars a ton h ig h e r
648 m illion dollars.
In contrasting th e m ineral product, too, w ith the than in the late year. W ith th e present rate and pres­
crops, one very im p o rtan t point of difference in favor of ent prices continued for a period of twelve m onths, it
the form er m ust not be overlooked. In the case o r is safe to say the value of th e p ro d u ct for th a t period
w heat or corn or oats com paratively little labor is re­ would be a h u ndred m illion dollars larger th an th e
quired to convert th e product in to its final and finished value of the pig iron o u tp u t for the late calendar year,
form , ready for consum ption. I n th e case of the m iner' and with such increase the to tal would be raised to 165
als, however, the p ro d u ct is in its crude stage, and million dollars, or higher even th an th e 1890 to tal at
furnishes th e raw m aterial for countless articles and 151 m illion dollars, the previous m axim um . Of course
countless processes of m anufacture in th e carrying out it is am ong the possibilities th a t production may n o t be
of which large num bers of men and large expenditures m aintained on th e present high basis, b u t considering
of money are required. T h u s by th e tim e these m iner th a t th is is sim ply the increase in the pig m etal— th a t
als reach th eir final form of usefulness, th e ir value has this augm ented dem and for iron m eans a great expan­
been enorm ously increased, and hence a to tal of 500 or sion in the o u tp u t of all the finished form3 of iro n and
600 millions in th is instance m eans a g reat deal more steel, in the m anufacture of which the pig m etal is
th an a correspording total in th e case of the crops. As used—considering this, n o thing fu rth e r is needed to show
showing, too, how m uch larger the aggregate of the why th e revival of activity in th e iron and steel trad es
m ineral o u tp u t now is th a n a decade or more ago, not is proving such a pow erful stim ulus to general trad e
w ithstanding the decreaee d u rin g th e last two years, we activity.
In the production of coal, too, th e changed situ atio n
may note th a t th e total a t 527 m illion dollars for 1894
compares w ith only 409 m illion dollars for 1885 and makes a very great difference. We have already stated
w ith b u t 550 m illion dollars for 1880.
th a t the aggregate value of th e coal p roduct for 1894
In studying th e com position of th e m ineral totals, was 186 m illion dollars. B u t in 1893 the value was
one is at once stru ck by th e fact th a t th e precious over 208 m illion dollars. I t should be understood th a t
metals form a com paratively small proportion of the these figures represent sim ply th e value of th e coal a t
whole. T h e U n ited States produced more gold in the mines before any freig h t charges have been a d d e d .
1894 th an for a great m any years past, and yet the The product was 152,447,791 long tons in 1894 against
value of the gold product was only $39,500,000, o u t of 162,814,977 long tons in 1893. T he revival in the
a total m ineral production of 527 m illion dollars. B ut iron trade will of course greatly increase th e dem and
chief in terest will no doubt be fe lt in th e silver figures. for coal and so will the revival of general business.
H ere of course there has been a decline d u rin g th e last F urtherm ore, it should be rem em bered th a t in 1894
two years, and th e value of th e p ro d u ct for 1894 is the o u tp u t was reduced by a general and prolonged
given as only 64 m illion dollars, against 7 7 | million strike of the m iners in the bitum inous regions, begin­
dollars for 1893 and 82 m illion dollars for 1892. B ut ning in A pril and lastin g in some cases u n til Septem ber.
in all these years th e am ounts are exaggerated. T he A t present there are strikes in only one or two lim ited
Geological Survey in presenting th e figures has fol­ districts. T he Geological Survey has made an estim ate
lowed th e plan of th e D irector of th e M int and of the loss to the labor in teres’s based upon the average
tak en th e silver a t its c o in in g value, n o t its bullion num ber of employees and the average w orking tim e in
value.
In th is m anner th e silver is credited 1894 com pared with 1893, aud this estim ate shows one
with a value of $1'2929 per ounce, whereas the average day’s labor lost by 5,167,357 men, or 17,224 m en throw n
m arket value in th e same year was less th an half th a t out of em ploym ent for a full year of 300 working days.
figure— actually only about 59 cents. C om puting the W ith no g e n e rd strik e and production again up to the
silver in th e same way as th e other m ineral substances, old basis, and even larger, labcr will have this a d d i­
coal, iron, copper, lead, etc., th e value of the silver tional am ount of em ploym ent. A nother benefit will
product for 1894 would stand at only about 29 million follow in some ca§e3 from the activity and im provem ent
dollars, and th e g ran d to tal of th e m ineral products, in trad e; i-ome of the railroads will insist on better
including silver, would be reduced to about 500 mill-on freight rates for coal. T he Chesapeake & Ohio, a very
dollars, so th a t th e silver pro d u ct would form , ro u g h ­ large carrier of coal, has th e present week taken
ly, less th an 6 per cen t of the whole. In 1893 and action to th a t effect.
1892 the silver p ro d u ct was larger and th e price of the
When we look at the m inerals of sm aller conse­
m etal was higher, b u t even in those years th e propor quence we observe generally the same conditions— th at
tion of the total held by silver was n o t m uch more is, reduced values in 1894, both because of a sm aller
th a n 8@9 per cent.
product and lower prices, while now we have an
The two m inerals which contribute th e largest increased dem and again and better prices. In the
amount 8 to tbejtotals are of “course coal and iroD, th e case of. copper the exports are large, and the p roduct

&EFTE11BEB 21. 1895.]

THE CHRONICLE.

for 1894 w*s in excess of th a t of any previous year,,
reaching 360,844,318 pounds. B u t th e value wa3 only
133,141,142 ag ain st m uch larg er totals in some of th e
previous years on a sm aller production. I t will be
seen th a t this gives an average of only a little over
9 cents per pound for the cop >er.
T o e price
now is over 12 cents
a pound.
The
value
of the lead produced was 19,942,354 in 1894,
against *11,839,590 in 1893, #13,893,320 in 1892
and *15,534,198 in 1891, th e q u an tity produced
being 159,331 tons, ag ain st 163,983 tons in 1893,
173*654 tons in 1892 and 178,554 tons in 1891. As the
o n tp n t of lead is in some m easure d ep en d en t upon th e
ou tp u t of stiver, it is not possible to aav w hat th e course
of the product of th is m etal will be in th e im m ediate
fu tu re ; b u t th e price is som ew hat h igher, tn e q u o ta­
tion here in New Y ork now being 3 | coats per pen a d ,
against 3-20 cents a year ago. As showing th e possibil­
ities of increase in item s not usually considered at all
in speaking of the changes in th e trad e situ a tio n , we
may cite th e item of building stone. T h e p ro d a c t of
this is given as *37,377,816 for 1894 and $33,885,573
for 1 -93 ; in 1892 th e total was I t s , 706,625, an d in
both 1891 and 1890 over 47 m illion dollars.
W e shall not undertak e to extend these com parisons
any farth er. Obviously, when trad e is reviving an im ­
provem ent in one direction m ust bring im provem ent in
other directions. T h e figures we have given prove how
prom inent is t i e part played by the m ineral industries in
the general result and th* ex ten t to w aich these indus­
tries m ust necessarily share in this im provem ent. Most
significant of all, they show th a t im p o rtan t though the
crops are, they are after all only one elem ent in our
industrial activity. A t p resent we are doubly fo rtu n ate
in having both good crops and active trade.

C H A T T A N O O G A ,6 S T . L O U I S .
T hough not a large road, considerable in te re st is
felt in the affairs of the N ashville O hattanoagk A S*„
Louis, and its report therefore always a ttra c ts a good
deal of atten tio n . T he property has a history e x te n d ­
in g back a great many years, and the road a t one tim e
figured very prom inently in some of th e m ost im p o rt­
an t railroad moves in the South. I a recent years it
has been under th e dom ination of the Louisville k
N ashville, nut notw ithstanding th a t fact it h n n erer
lo3t its iden tity . I t has been m auag <1 as a separate
property, and w ithal it has m aintained a prosperous
career, passing very creditably th ro u g h th e last two
years of business depression.
For a poor period th e showing for 1894 5 ia very .- ,tisfaosory. I t may g”cm surprising to c* 1 the year u n ­
qualifiedly a poor one, seeing th a t the road is a S »uthero one and th at Use season’s cot to i crop in th e S outh
was the largest ever m td e. B a t in th e case of the
Nashville C hattanooga & Sr. L oais the cotton traffic is
really of very small Im portance. T h e statistics show
th a t the road did move more of th a t staple, b u t even
after the increase th e am ount o ' th e cotton fre ig h t was
only 45,793 tons (th is com paring with 30,370 tons in
1894), ont of a total freig h t tonnage of 2,7 46.340 tons,
the proportion of the whole th u s being only 1-67 por
cent. The grain tonnage la a m uch larg er factor, the
road having carried in 1894 5 356,450 tons, being 9*34
per cent of the whole to n n a g e ; the flour tonnage
am ounted to 180,911 tons more, or 8*59 per cen t, and
the tonnage of oth er mill products to 59,904 tons, or
2*18 per cent.
N A S H V IL L E

495

I t is however th e traffic in m inerals and m an u ­
factures upon which the road m ainly depends, it t r a v ­
ersing some of the m ost im p o rtan t m ineral and m anu­
factu rin g districts of th e South. Goal is its largest
single item of freig h t. Of th is it carried 599,963 tona,
form ing 31*85 per cent of the whole. Of coke it c a r­
ried 301,785 tons, of ores 313,379 tons, of phosphates,
stone, sand, &e., 160,127 tons, of pig iron 104,637
tons, &c. T he lum ber traffic is also very im p o rtan t,
th e tonnage of forest products in the late year having
been 387,013 tons, equal to 10*44 per cent. T he fa c t
th a t th e road's traffic consists so largely of m inerals
and m anufactures is of course an encouraging one in
its bearing upon the im m ediate fu tu re of the property,
especially in view of th e great activity in the iron in ­
dustry, (which is as strik in g a feature in the S outh as
in other parts of the country*,) and the general revival
of m an u factu rin g interests. T he coal tonnage in th e
late year was larger th an in eith er of the two previous
years, but the coke tonnage and th e ore tonnage were
sm aller, and the iron tonnage, though above th a t for
1893 4, was below th a t for 1893-3.
Iu the previous year th e total freight tonnage had
fallen from 2,851,196 tona to 3,380,043 tons. In the
late year there ^as a rec svery to 2,746,340 tons, leaving
a decline from two years ago of only about 4 p ir cent.
Y et this recovery in tonnage in 1894-5 bro u g h t with it
no corresponding recovery in revenues, and hence gross
earnings for 1891-5 are fnlly half a m illion dollars
sm aller than those for 1893-3. T he figures for the last
three years are #4,608,501 for 1894 5, #4,531,601 for
1893-4 and #5,131.779 for 1893-3. Passenger earnings,
however, have declined d a rin g both years, and this will
account iu p art for the unfavorable com parison of the
gross rec-ipts. F or 189*2-3 the passenger revenues were
#1,199,339, for 1893 4 #1,027.336 and for 1894 3 only
$965,434- In addition to this falling off in the passen­
ger revenues, the manugeme t have had to'co n ten d
with another unfavorable feature, nam ely a great de­
cline in freight rates. We find th a t the average re­
ceived per ton per m ile in the late year was only 93
h u n d red th s of a cent, ag ain st 1*05 cent in 1893-4 and
1*07 cent in 1892-3. H ere then there has been a re­
duction in th e average in a single year of over 11 per
cent—certainly a very notew orty decline.
In f a c t o f the sm aller passenger earnings and the
decline in freight rates, th e com pany is able to m ake a
very goo 1 showing of net incom e for the year.
The
m anagem ent in the previous year succeeded in cu ttin g
expense* down very heavily, and the most of this sav­
ing was m aintained in the late year. Hence the net
Stands a t #1,882,141 for 1895, against *1,850,482 for
1894 and f l , 993,374 for 1893. T he charge? against
the #1,883,141 n et earnings in the late year were
*952,615 for interest, #131,780 for tax is and #420,012
for rental to the W estern & A tlantic, besides which
#21,858 was spent for im provem ents, m ak in g a lto ­
gether #1,519,295, d ed ucting which there rem ains a
surplus of #362,846 on the o p sratim * of the twelve
m onths available for dividends. By adding the income
(#18.424) from stocks and bonds hold this is increased
to #381,370, and thus the am ount falls only a trifle
short of equaling the #400,000 paid out in dividends
du rin g the year.
As regards the finances, the com pany purchased the
Rome R ailroad, and in m aking this and other paym ents
increased the am ount of its bills payable from #708,718
to #1,029,250. B ut in clu d in g these bills payable the
total of all cu rre n t and interest liabilities is only #1,-

THE CHRONICLE.

49(5

(VOL. LSI.

----------- ---------------------------------— -------

807,855, and against th is th ere were J une 30 1895
$1,074,901 of c u rre n t assets (*590,450 being in actual
c a sh ), besides *1,680,637 of bonds and stocks h e ll in
th e treasury. T h e com pany d u rin g the year issued
♦650,000 of W estern & A tlan tic income bonds, secured
by the lease of the W estern & A tlan tic and bv the *500,000 of S tate of Georgia bonds which th e N ashville &
C hattanooga had to deposit w ith th e T reasurer of
C eorgia as security for th e fa ith fu l perform ance of the
lease. These 1650,000 are included in th e *1,680,637
o f stocks and bonds reported h eld in th e com pany’s
treasu ry .
______________________

Fear and
number
of roads.
July.
1890
1891
1892
1893
1891
1895

(120)
(143)
(133;
(129
(125)
fL38»
Jan. 1 to
July 31.
1390 (119)
1891 (125)
1392 (120)
18P3 (121)
1834 (121)
1395 (H O )

Net Earnings.

Oross Earnings.
Tear
Given.
*

55,142,677
57,847,408
59,701,145
56.8 54,817
42.863,827
55,118.279

839,412,623
334 645,671
390.901,682
374,9 2 9 1 1 6
297.548,910
351,839,487

Year \ l acreage or
Preceding. Decrease.
?
52.232.S9i,
54,200.578
58,819,750
59,720,176
51,824.341
47,879,485

*
+ 2 ,8 9 3 ,2 -2
+ 3 ,6 4 6 ,8 3 0
+ 8 5 6 ,3 9 5
—2,895,329
—8,46 >,517
+ 7 ,2 3 8 ,7 9 4

107,700,9871+31,711,633
325,052,331 + 0 ,5 0 3 ,3 4 3
366,363,297 f2 i.5 4 1 .3 8 5
366,001,209. + 3 .9 2 8 ,2 0 7
357.697,093 -6 0 ,1 4 8 ,1 5 3
334.843.967 + 17.055.520

Year
Given.

Year
Increase or
Preceding. D 'crease.

*
*
t
17,772.991 18,011.340
- 2 8,349
18,913,834 17,245,315 + 1 ,6 6 8 .0 1 9
13,579,667 19,362,932
—783,815
16,250,647 17.541,083 —1,291,433
12,357,609 14,921,055 —2,563,440
3 6,306,861 13,203,370 + 3 ,1 0 3,541

103,535,117
102,012,373
113,774,843
108,834,270
82,162,351
1O1.203.M 5

95,403,010 + 8 ,1 2 7 ,0 2 7
95,808,610 + 6 ,2 0 3 ,7 6 3
110,384.840 + 3 ,3 9 3 ,0 0 3
108.814.367
—10,097
101.808.997 - 1 9 648,046
00.985.816 J-tft 2 )2 .7 0 9

As last year there were some very heavy losses by
individual roads, so the present year there are some
very considerable gains. As seems appropriate, th e
FO R JU L Y .
T h a t our statem ent of earnings for the m onth of Pennsylvania heads the list w ith an increase in gross
J u ly would show a very large gain in both gross and net (E astern and W estern lines com bined) of 11,286,416;
has been from th e first a foregone conclusion, and th e the S outhern Pacific has $1,050,278 increase in gross,
early exhibit of gross, w hich we gave A ugust 10, the A tchison 1611,412 increase, th e St. P au l 1510,014,
clearly foreshadowed such a result. T ne showing th e the W abash $310,421, th e R eading w ith th e Caal &
presen t year is controlled by th e character of the Iron Company $300,867, the Illinois C en tral $296,538,
show ing in 1894 and in previous years.
In J u ly 1894, &c., &e. In the net the Pennsylvania has $473,508 gain,
i t will be rem em bered, we had the g reat railroad strike, the S outhern Pacific $430,100, the S;. P au l $353,823,
w hen d u rin g th e early p a rt of th e m onth business on the U nion Pacific $241,981, the W abash $200,877, th e
som e roads was alm ost entirely suspended. B u t even Atchison $177,905, the Illinois C entral $177,803, th e
in the years preceding th e showing had been bad, 1893 Denver & R o G rande $158,852, &c., &o. T he folio wing is
h a v in g recorded a I033 in both gross a i d net, and 1892 a full list of all the principal gains and also all th e
a Io3s in n e t with a sm all gain in gross.
These facts principal losses. We carry th e am ounts down to $30,m ad e a large im provem ent certain, and fu rth erm ore 000, and the losses above th a t lim it com prise sim ply
th e re was th is year an extra w orking day in the m onth, the Oregon Im provem ent, w hich has been doing poorly
J u ly 1895 having contained only four Sundays, for some tim e, in the case of th e gross, and th a t road
with the R eading and th e Chesapeake & Ohio in th e
whereas J u ly 1894 had five.
A t th e same tim e, th e conditions the p resent year, we case of the net. T he io3s on th e R eading follows
n eed scarcely say, were by no means all favorable. W hile entirely from a very heavy increase in the expenses of
business revival proved of g reat advantage to th e ro id s the Coal & Iro n Company.
P R IN C IP A L CHANGES IN G R O S S E A R N IN G S IN J U 1 L Y .
i n th e m anufacturing districts, on th e o th er hand
In
In creases.
,6 9 0
W estern roads nearly everywhere still suffered from oPueunmn seyi luv ar an ui a. \(3i irudss. /. j t.. $ a1,,2 8 6 ,4 1 6 \ UC qh ic. P. a&c . GDr ea nn vd . T&r Gu nukl f... $ 77 89 ,6
07
tc h . T. & S . F e (3 rr ls )
6 1 1 4 1 2 | B i r l C. R . & N o r .............
6 + 9 )4
th e effects of last season’s crop shortage an d to some AO hio.
M il. & S t. P a u l . . .
5 1 0 .0 1 4 I C e n t r a l o f G a ........ .................
6 7 ,0 1 2
6 2 ,1 9 6
e x te n t also from th e cu rren t season’s poor w inter-w heat W a b a s h ............................... 3 1 0 ,4 2 1 | C h ic . B u r l . & Q u i n c y . . .
P h il. & R ‘a d . a n d C & L
3 0 0 ,8 6 7 I R io G r a n d e W e s t e r n . .
6 0 .6 2 5
4 0 ,1 2 8
yield. O u e o f the results was a great co n traction in I ll in o is C e n t r a l ............... 2 9 6 ,5 3 8 M in n . & S t. L o u i s ............
L o u is v . & N a s h v ...........
2 5 4 ,0 4 0 G r . R a p . & I a d . (4 r d s . ) .
3 8 ,8 4 9
3 5 ,5 3 7
th e wheat traffi 3, while th e corn m ovem ent as a rule N . Y . L E < fc W e s te rn .. 2 4 6 ,0 4 2 I P e o r i i & E a s t e r n . ........ ..
C lo v . C iu. C h ic . & S t. L .
2 4 0 ,5 7 1 M e x ic a u N a t i o n a l ...........
3 3 ,9 6 0
also com pared unfavorably w ith a year ago. T a e co t­ D e li v e r & R io G r a n d e . . 2 0 1 ,7 2 6 C h e s. O h io & S o ’w .........
3 1 ,4 3 9
U u io u P a c if ic (6 r d s ) ..
2 0 ',3 0 5
F l i n t & P e r c M a r q ______
3 0 ,9 4 6
to n m ovem ent in th e South, th o u g h never large at this S o u th e r n R a i l w a y ........... 1 6 3 ,^ 9 1 C h ic . B u r l. & N o r ...........
3 ) , 129
G r a n d T r u n k ...... ............
1 2 9 ,7 2 9
season of th e year, likewise fell short of last year's B a l t. & O h io (2 r d s . ) ___ 1 1 4 ,5 5 7
T o ta l ( r e p re s e n tin g
M e x ic a n C e n t r a l ...........
9 8 ,9 1 7 |
5 2 r o a d s ) .................. $ 6 ,8 6 4 ,8 6 3
figures. U uder the circum stances th e very s trik in g C h ic . & E a s t I l l s ..............
9 4 ,4 6 2
D ecrea ses.
P i t t s . & W e s te r n (3 r d s .)
9 3 ,4 9 9 | O re g o n I m p t . C o .............. $ 1 0 3 , 0 5 6
gains in gross and net w hich our tables now disclose
m u st be accepted as refleeting a very satisfactory con­ linreTsh$e6 3g0r o,3s4s 6 .o u E a s t e r n li n e s i n c r e a s e d $ 5 5 6 ,0 7 0 a n d o n W e s t e r n
P R IN C IP A L CH A N G ES I N N E T EA R N IN G S IN J U L Y .
d itio n of things. I u th e gross th e increase is found to
8
IU u P a o . D eInnvc. r&6 aG)i6
be $7,238,794, or 15-12 per cent, in the net $3,108,541 P e n n s y l v a nIina c(3r er ad ss e) st ..
u lf.*
$ 4 4 ,5 1 2
S o u th e r n P a c (6 r d s , ) . .
4 0 .1 0 6
4 3 0 ,1 0 0 | C e n t r a l o f G e o r g i a ........
o r 23'53 per cent. T he following furnishes a sum m ary C h ic . M il. & S t. P a u l ___ 3 5 8 .8 2 3 C h ic . & E a s t I l l s ...............
3 6 .3 5 8
U n io n P a c i f ic (6 r d s . ) ..
2
4
1
,9
8
1
I
R
io
G
r
a
n
d
e
W
e
s
t
e
r
n
.
.
.
o f the figures both for J u ly and the seven m onths to W a b a s h ................................ 2 0 0 ,8 7 7 I N. Y . S u s q . & W e s t i r n . . 3334.9,4 U2 5
(3 r d s )
1 7 7 ,9 0 5 | M e x ic a n N a t i o n a l ..........
3 3 ,5 4 1
th e end of Ju ly . I t will be observed th a t for this latte r AI lltcinho. isT .C&e nS.t r aFle ...............
1 7 7 ,8 0 8 | S a v . F l a . & W e s t ............
3 1,9 8 5
D
e
n
v
e
r
&
R
io
G
r
a
n
d
e
.
.
-----------------period the ratios of im provem ent are m uch sm aller C le v . C in . C h ic . & S t. L . 11 35 58 ,4.8 35 92 ||
T o ta l (re p re s e n tin g
a y ..........
9 4 ,8 30 I4 0 r o a d s )
...$ 3 ,2 2 6 ,8 3 1
th a n for Ju ly , being only 5'09 per cent in gross and SGor ua nthde rTn r Ru na ki l.w...................
8 5 ,9 7 .3 I
C a n a d ia n P a c i f ic ............
11-24 per cen t in net.
82,7n9 |
D ecreases.
GROSS

AND

Ju'y
(133 roads.)
1895.

1894.

*
1
Q co ss e a rn ’s 65,118.279 47,879.485
O p e r. e x p ... 38,311,418 34,679,165
Net e a r n ’a 1*1,306 861 13,200,320

NET

E A R N IN G S

January 1 to July 31.
(130 roads.)
Increase.

1895.
1894.
*
$
*
7,218.794 351.899,487 334,843,987
4,132,253 250,691,372 243,858,151
3,103.541 101,2)8,115 90,985,816

Increase.
1
17,055,520
6,833.221

B a l t. & O h io (2 r d s . ) . . .
C e n t r a l o f N. J ...............
M e x ic a n C e n t r a l ............
L o u isv . tf e N a s h v ...............
C h ic . & G r i n d T r u n k . . .
B u r l. C. R . & N o r t h e r n .

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

| P h il. & R e a d , a n d C. & l. $ 1 8 1 ,2 9 9
| O r e g o n I m p t . C o .............
5 9 ,8 5 4
I C h e s . & 0 1 i i o .......................
3 7 ,1 4 8
|
------------------I
T o ta l (re p re s e n tin g
|
4 r o a d s ) $ 2 7 8 ,3 0 1

1 T h e n e t in c r e a s e d $ 1 5 1 ,0 1 5 o n
W e s te r n li n e s .

.

R A IL R O A D

E a s t e r n l i n e 3 a n d $ 3 2 2 ,1 9 3 o n

W oen the roads are arranged iu groups, every group
shows an increase iu gross, ju st as every group last year
We have referred above to th e poor character of the had recorded a loss. Iu th e n et there are two groups
re tu rn s last year and the year before. T u e following which instead of an increase have a decrease, b a th for
earries th e com parisons back to 1891. Ic will be ob­ com paratively small am ounts. We refer to the A n th ra ­
served th a t in gross last year th e loss was $3,480,517, cite Coal group and the E i3tern and M iddle group. In
follow ing a loss of $2,895,329 in 1893, while in the n e t’ the A n th racite group th e poor resu lt follows m ainly
th e 1038 wis $2,563,443, following a decrease of $1,291,- from the heavy loss on th e Coal & Iro n 0 im pany ; th e
436 in 1893 and $783,315 in 1892.
C entral of New Jersey and the New Y ork Susquehanna
10,222,299

TIIE CHEONICDE.

Sbptembeb 21, 1895. |
& W estern both, b a r e gaie s.

I n th e E x t e r n

a n d M id

cam e

in

|S 8 , 8 ? 9 ,

d ie g r o u p th e d ocreas? is d u e to h e a v y e r p s n d i t u r s b y

has

a

§ 1 ,1 0 1 ,7 1 7 g o l d

few

sp e c ia l

r o a d s lik e

th e

N o r t h e r n C e n tr a 1, th e

been

$ 5 8 6 ,3 6 8

W e ste r n N e w Y o r k & P e n n s y lv a n ia , is c .

497
of

re c e iv e d
g o ld

and
and

w h ic h
d u rin g

8 7 6 ,1 7 1
th e

§ 1 ,5 9 8 ,3 5 8

s ilv e r

000 b u llio n .

b e e n § 2 9 1 ,3 9 9 , a g a i n s t § 5 8 5 ,7 0 3 i n

T h e p e -c e n t a g e o f in c r e a s e

in

has

n e t fo r

M e x ic a i

2195

par

R io G r a n d e a n d

th e U n io n P a c ific D e n v e r & G n lf.

Grom Bamvmmmu.
IkM.
*
«
J
6 ,W
IB
%324t7r. tiW jkk
'Aznjm •
5.rt3,.f5
ktWJHr %&n$m
u*4 lm 9jm ,m
&rm7AW
MftMto UB74II

July.
tm n ’a. HmsJM)
ikathr*Emt, k Mld.m?
Mid* Wmt*xLm
Ronti«MtV Si
Soatfawest’Bsla)
P*c-sft«Comu 17i
Soatfa&ns.-..(if5
Mexican
Tot, 4v»r<k*

Jan. 1 t#July U
Trask HiMtoaSJ U M < H
ABtnra.
,-7> H M u m
Emt. k UM.m
MW. W*.cn,iSI
UtmMwmVtt M MAmjm
SOBtflxMt'B ■l > m jm jm
PMtSCCo*W'i- i*.4 M,i?»
8o«th*ra ,..u»r!
M#xic#a.,... •i P.TV.iP!
Tot. (i»
JI o t k . —T bfc fo iio w io ic t«

frunx IMm,
8. it**., K&at, of Omo.
B. it Q» West Of Oh1*».

B. & 0 . S e a th w e ste rn .
C l# /. O n. C hie. * m . b
P e o ria Jfe I n t e r n .

Cmnm*.
k

Net E&mingt.
mm.
Inc. or Bus.
$
t
P.G
mm
~m,in
M7,vm —IS#!* 5*32
m um -Hi:1467 MSV
u m jm tUM -i SfrOi
Am.rn* n-m
1,92X47* -B3*Vm m m
t tss.:s& i *71
*i7,3ft*
nm
+AIVXU i 2313

t
l,%wMo
Wi,0W'
l.USSiNI
mi/m:
2/5 \iit*
IJHdM*

SI411,557 *um&&
a a &,m
*M z..m‘
njm*m 4«*9&Oi
rm%m Mtt&m Ft
**m m
i&tm&p.t V&MOJtV, IXs44.il •
Ai ntMim .m /rn’
hi
i
sr.ioi.tMj w*jM*m* Iftjfiftii#*/
PjUXJeWj *,im .m
-fJ47A?4
■
M0»m 2 y

St (hi,

$r*od H » k led.
Umm* Cmu%i,
«qi »** •
%w.
?t:m i8N,liy»Sf.

M

*■

Ua*oa Pwriae-t’. P. Ky.
Of*, «%. I*. *

ft.,. 4c*a#af3 4 On *atea 41
K*o- Cts-w 4 *,has ah a ,
O itt r * ) B fan**.
A ta a ’a Oob M P e e .A c .

boot*?. g r* n * » , a “*i* L,

iMimm* Mirlfand,
Hir :t.

Ail OKhear Valiev

B a n g o r k A m n stoolt,
B a th k
B ro o k !y e W,mmeft.
Basf. Hv>en. a Pitt*.
Caaaden A Aff-snnn.
C o m ^ e rla n d V a lte r,

a A W*%'. Pdifit..

8 r J o e a i c k k W w a tarn .

S'*rtXimm*rn.

Lykenj VsJ. Cft#*
E«fcU#m«ra*l M*d>tU.
Adiroada-.k,

1‘akfo tia a

«*f flNsnr J*. *
CB**»* A
JWktyfi,
Ohio 4 **
Ola. A It***, father® .
4
4 AtWO# IT»

; B a ft, t'edwr 8 # » , A Xar,
‘*h4C- B a r i, 4 X-»rti>tO -e , B a n . •* o a o * c r ,

■Cb*#. MIS. A ft Paai.
O .ow# C e n t #*i

' Ke*.aat A W. stem,

Aina. Jt #t_

0#-. mmskmm A Pi*

-‘t . Pan! 4 D o iu th .

Gulf .* cm#**.*.
S«***aisKfevfrr#,
■? *€#. Tmmsm %K. W.
: ArlHio#*# Mid to d .
, K* jw C ity M em . * Hir
Amt*. T o p . A
P e.
:
16
■ « t . iy«>as» .4 Mn *rmi*.
:.boSUMfl16» * X*an filW»
iloof»e Tun. A WH.
A flsnO c 4 PacsUe.
:
4
k
Birminsib
i* .
JamuU wn A b-'fce R Is. ■4 s a t i n Jt So'wms.
. ■■
Mnrtftwm iJejslyr#
O«o«sr * Bo* *#r.
;f t f Or?#an# A
WMW Nland H. T
Ff. WwrtlV A IJen. City * ‘*l»|© Rtft*
i o f t f ©k*** A C. H t
Worth, k Hio C|r»3dt.
Itifef k Charles.
P l t k u r j i B tia w a fe ,
' tC*o. ft., a, a nttm,
!P«*.#r*nttr*,
We#t 4«w*#* A Branch#'. B io •-r#e.4© A n t h e r s .
man, Ffe»T A Pot.
W e*tern Aid.
S*« AM. k A. Pi*s,
4*«4i. „%Pwteraoar..
W e stern If. r . *
. . . . . . . . .1.
Himti* WWr?ns
\Tm.. fim.trni.k KWmi * b t . n*. * w »cw
<SWe. A it IPs,*
f.Cn. -P*e. D e a r . Jt G' a il,
“
t i U f e * W m t M-tclk*
fWad** k %^-m
*&#&«■m,
! Wmtm n o f A im WA
,Cln.
A JtfteJL
W«#f. V *. c . k l\
O n . P ort*. A VifiOrtl*.
CMr*» Csett&cia k ^ o a th 'n .
D#t, 9mtm a *»*r,
Pm m u A Maekio»<r.
KWio JoM -t k E aafern.
r i t o t a C ere M»rq.

Pm me QmM,

W rw M »*, %

; NdtMm ,Cm
tm L
............

(k &A»
CJ##tr%l*

:

......

K » CifWwJ** W »»f«rn.
H«•«!«#*> V **' 0 14*.
$ « » , riM o. k Jlorlfe. F«e, M#*?eswa ^ o t ilU f o .

(Join.

W e h a v e r e c riv e d th is w e e k f r o m th e C o lle c to r o f C u s to m s

a re

th a t p o rt

fr r t h e m o n t h o f

p r ts e n te c l tie io w . t o g e t h e r
m o n th s,

w ith

th u s c o m p le tin g

m o n th ? o f th e c a le n d a r y e a r 18M .

th e

th e

exports o f gold and
August, and they

fig u re s f o r th e

rttulig

fo r

of

w h ic h

$215 w as

in

c o in ;

and

of

have

in

1894.

The

e x h ib i t

fo llo w s :

Total.

T l. 8 mos

I

Coin.

Bullion*

82,884
26,°03
43,737
110,979
93,939,
60!,091
51,730
90.4S5

6,893
1,502
99(
257,696
11,348

608,459 193,988 1.(01,7*7

329,266

7,135
10,70.-

Total.

136,592
101.407
116,633
111,093
117,378
74,831'
128,935
76.171

1 4 3 .4 8 5
1 0 2 ,9 0 9
1 1 7 .6 2 3
3 6 8 ,7 8 9
1 28,726
1 0 7 ,8 2 4
1 3 6 ,0 9 0
8 6 ,8 7 9

883,059 1,192,325

EXPORTS OF GOLD ASI) SILVER FROM SAX ERV-NCISCO.
GOLD.

SILVER.

MOKTHS.
C oin.

B u ll'n j

1895.
J a n u a r y ..
F e b ru a ry ,
M a r c h ___
A p r i l ..........
M a y .......... .
J u n e ..........
J u l y ............
A u jr u a t-----

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

$
...
200
...
...
20
....
J ,1 6 0 :
2'

F t 8 rno*

2 8 9 ,9 * 4

1 ,1 0 } j

Total.

C o in .

2 0 1 ,3 9 !

Bullion.

Total.

$

*
5 3 ,5 4 5
3 ,« 7 o
1 0 ,1 2 i
17 , 0 3 !
8 .0 1 3
5 6 ,0 6 4
8 0 ,4 8 !
6 2 ,8 6 1

704,700
lll,1 6 i
8 7 6 .8 0 0
403,MX-i
8 6 .6 7 4
4 9 0 ,1 7 4
8 8 .8 6 V 1,374,000 1 ,4 0 2 ,8 6 2
4 1 0 ,2 1 i- : •J14,02(1 1 , 3 2 4 . 2 3 8
771,193 1 ,1 1 2 ,3 3 9
3 4 1 ,1 4 1
49I,40t,
3 1 1 ,1 3 3
802.53,3
7 9 8 ,8 7 5
2 3 8 ,9 7 b ! 500,00(1
2 4 8 ,3 4 V
5 7 3 ,3 4 9
323,001
1 ,8 3 7 ,4 >7

7 ,4 1 1 ,2 3 0

IMPORTS, E X P O R T S A X D I M M I G R A T I O N
FOR AV G US T.
T h e B u r e a u o f S ta tis tic s h a s is s u e d a

d e ta ile d s ta te m e n t o f

th e fo re ig n c o m m e rc e a n d im m ig ra tio n o f th e c o u n try fo r t h e
m o n th o f

A u g u s t, 1895 a n d

1891, a n d

fo r

m

th e e ig h t m o n t h s

e u a m

A vffll.l.
8 9 5 . - E x p o r t s —D o m M ite ....................... 5 5 4 ,5 *1.849
r o r e l g n ...........................
1 ,1 6 1 ,5 5 3

T o ta l......................................... *55,73 .,21 2
Im p o rt* * —f r e e o f d u t y . . . , * 3 5 . 9 3 ,8 0 0
D u t i a b l e ......................... 3 5 .4 2 7 ,1 3 1
T o t a l .....................

p re ­

reaching

s ilv e r th e r e

8 m ot. etui. A ua. 3 1 ,
* 4 8 9 ,1 1 6 ,5 2 6
1 0 ,0 2 8 ,9 4 5
* 1 8 0 ,1 4 .9 .4 7 1
* 3 * 4 ,1 1 7 ,H 97
2 8 1 ,2 3 3 ,0 9 2

* 7 1 ,0 2 0 ,9 3 1

* 5 3 ,5 ,8 5 0 ,9 8 9

R s O M a o i I m p o r t * . . , . ........... ...............
* 1 5 ,2 - 2 ,7 2 9
t 8 9 4 . ~ E x p o r t * — D o m e a H e ._____ ______* 5 9 ,5 2 3 ,5 9 1
F o ro ifO * ... .........
1 . 2 ( 2 ,5 5 3

#36,505.51 8
$501,187,520'
13,352,081

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

8 8 0 ,7 7 0 .1 4 7
2 8 ,9 1 1 ,7 8 2

* 5 1 7 ,7 1 9 ,6 0 4
$ 2 6 9 ,8 * 7 .* e - l
1 8 3 ,0 4 4 ,4 9 9

. * i l . 6 9 7 ,0 7 2

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

* 0 ,0 7 9 ,0 7 5

8 6 4 .7 7 7 .2 5 7

import*—Free of duly............*21,742,310
U u t U t . t * ........................

T otal...............
6 x o ss* o f e x p o r t* ,......

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

GOLD C oU i ASH C.CI.UOS.
1 8 9 5 ,— E x p o r t s . ................................................ S I S .0 8 7 ,2 0 1
t i u ( w r t r _____. . . .
. ...................
i.
.479

$ 5 5 ,7 6 6 ,2 1 7
23 ,0 6 3 ,* 7 8

E l e e » » o f e x p o r t s ...........................................* 1 5 ,1 .5 9 ,7 8 2
1 8 9 4 .— E x p o r t * ........... .................................... * 5 ,1 1 8 ,6 5 1
t i n p o r t * .......... ..................
3 ,1 8 1 ,3 4 9

$ 2 7 ,7 0 2 ,3 4 1
#89,260,031

B x o e* » o f - o s p o r -

#74,233,281

..........

*1,435,303

1 6 ,0 3 5 ,7 5 9 ’

GOLD IX ORB.
1 8 9 5 .—E x p o r t - ...........................
I m p o r t * . ...............

8 3,210
1 * 9 .3 9 1

E xec** o f e x p o rt* .
1 8 9 4 .— E x p o r t * ___
I m p o r t * ___

$ 3 2 0 ," 6 9
1,132.08 8
$W 1 1 , 2 9 9
$ 2 2 ,0 0 7
5 1 4 ,3 4 a
# 4 9 2 ,3 3 8

E AND BULLION.
........ # 4 ,5 5 3 ,6 9 8
____
....

# 3 ,4 1 5 ,8 7 2
$ M 1 1 ,7 2 8

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

l rN OKE.

1895,—E xports

$ 6 1 ,9 2 1
8 ,0 7 9 ,1 4 .0

eight

T h e tm p jrfe t o f g o ld w e re

s o m e w h a t g r e a t e r th a n in J u l y , t h e a m o u n t r e c e iv e d
§ 9 0 ,4 8 5 ,

th e

o f g o ld

SILVER,

Bullion

$
$
37,188; 45,696
1,317 25,556
9,996: 3:3,711
3 ' , D15; 58,964
10.384 83,554
48*.984 112,107
9,330; 42,400
2*5 90,240

1895.
J a n u a ry ...
F eb ru ary ,.
M arch___
A pr 1.........
M a y ......
J u n e .........
J u l y ..........
A ugust—

1 8 9 5 .— E x p o r t * . . . .

IMPO RTS AX D SIX P O R T S OF GOLD A X D
SI L VEH A T SA X FRA X< 'ISVO.

c e d in g

e x p o rts

E x c e s s o f Im p o rts .

* F o r m a a t i t o n ly .

s ilv e r th ro u g h

s h ip ­

1 8 9 4 , a n i # 7 ,4 1 1 ,2 3 0 s i l v e r

E x c e x * o f I m p o r t* . . . . . .
1 8 9 1 ,- B x n o r t * ...................
I m p o r t * --------

C».:H#*!«»#. Int«r»

a t S a n F ra n c is c o th e d e ta ils o f im p o rt? s o d

The

e n d i n g A u g u s t 8 1 , in 1895 a n 1 1334, a s f o llo w s :

0*1. UttK k S.
b o a la, W «*t«rts.
U . .%T,
V. V Tw*, t Met
T«*ar A Sf«w

P«fl*llr, E * sto fP ,* 8 M*»t#et*
rest of P tt*. A Krie. *;
*»«e. k *!*w»r,
Bm*. toxmm.it Am. f P ttt s bsa—
m k w#®
.'«*«*»»
WifeaK
4jw . §*&*, & H ar,
.4 nmrmcUe Cml
3*# v « i i f * f t . 1 ^ 91*,
Hm
o>ft S
e * J'w « » . >fn ia d o 'A 0 b V * * » fc fit.
g; v. ^ I T x ^ i T 1r“ - r "”rt* * w -

Phiiw. .4 HU ad in*
C m l & Iron,
to m a u tt R rao ea

tm
mm
ut#

a l i i t o f m § m i t U iQv'liOtnld 1 a o 4 e r f t* c ti
\§(%,P*#!:#«.—
H s4Me: Wm t * r %e*4€

© f *nft T r a n * o f
jk * a * * fe * £
C h ic.
T ran k *
LaA-- £ 4 # A lt. A Sou
D e tr o it G r .H * # .
MU,

H. f , L ak e k rte &

il*t§
775
n ij
Zi 70

H I# #
iistet,3»

||j

Sxcnox or
0801?P.

1891.

GOLD.

MONTHS.

cent

in n e t is as m u c h a.3 73*23 p er c e n t , d u e to v e r y h e a v y
&

of

IMPORTS o r GOLD AND S ILV Iilt AT SAX fRAXCISCO

F o r th e S o u th w e s te r n g r o u p th e r a tio o f im p r o v e m e n t
gaiD s b y th e A tc h is o n , th e D s a v e r

F o r th e e ig h t m o n th s th e

b e e n s e n t o u t , a g a i n s t $ 7 ,8 3 1 ,8 4 0

3 0 ’0L

p er c e n t , fo r th e P a c ific 3 7 * 9 6 p er c e n t , fo r t h e S o u t h ­
th e

in

fo r A u g u s t a n d th e e ig h t m o n th s is a

M id d le W e ste r n

g r o u p i t is 3 0 -5 0 p er c e n t , fo r tn e N o r t h w e s t e r n
ern 13*77 per c e n t, for

T h e re
to ta l

c o i n , a n d t h e e x p o r t s o f s i l v e r h a v e b e e n § 2 1 8 ,3 1 9 c o i n a n d § 3 2 5 , -

T r u n k L in e g r o u p is d is t in g u i s h e d fo r h a v in g e v e r y road
th e

a

m e n t s o f g o l d d u r i n g A u g u s t r e a c h e d § 6 3 ,8 6 9 , a l m o s t e n t i r e ] y

L a st y ea r w e had s e v e r a l g r o u p s w h ere n e a r ly e v e r y road

th a t g r o u p is 2d 0 3 per c e n t , fo r

b u llio n .

m o n th s

§ 1 ,1 9 3 ,3 2 5 s i l v e r , w h i c h c o m p a r e s w i t h

s h o w e d lo sse s in b o th g r o ss a n d n e t : th e p r e s e n t y e a r th e
record a g a l i .

w as

e ig h t

1894,—E x p o rts ,
Im port*.

____

9 3 3 ,7 - .9

$ 8 ,0 1 0 ,2 1 9
« $ 1 0 1 ,8 7 T
5 ,0 3 1 ,2 0 7
$ 4 ,8 3 9 ,3 3 6

THE CHRONICLE.

498
IM M IGRATION .

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

1 8 9 5 - M a l e s ....
F e m a le s .

August.
Num ber.
1 4 ,4 7 9
1 2 ,7 2 0

m os. end. A ug. 3 1 .
N u m ber.
1 2 8 ,1 7 5
8 4 ,5 5 8
2 1 2 ,7 3 3 |

2 7 ,1 9 9

T o ta l
1 8 9 4 .—M a le s ......................................................
F e m a l e s ................................................

8 ,9 4 2
8 ,5 0 7

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

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

1 7 ,4 4 9

1 6 6 ,5 8 1

a.

G o ld a n d s ilv e r .

Stock

E

xchange

C l e a r in g - H

o u se

T r a n s a c t io n s . — T h e

subjoined statement includes the transactions of the Stock
Exchange Clearing-House from Sept. 9 down to and including
Friday, September 20; also the aggregates from January to
August, inclusive, in 1895, 1894 and 1893.
STOCK EXCHANGE C L EA R IN G H O U SE TRANSACTIONS.

.— Shares, both sides.— .
Cleared.
Total Value.
1893$
J a n u a r y . ..
F e b r u a r y ..
M a r c h ........
A p r i l ...........
M a y ...........
J u n e ..........
J u l y ............
A u g u s t .. .
8 m o s ...

1894—

28.544,500
25,108,900
24,591,100
20.802,500
28,209,500
17,190.700
19,685,700
17,669.400

2.004,709,000
1,744,400,000
1,690,000,000
1,421,300,000
1,738,900,000
1,016,9<10,000
1,100.000,000
961,300,000

181.702,80011,737,509,000

,-------- Balances, one side.---------- Sheets
Shares. V alue Shares, dash. Cleared.
3,000,000
2,587,900
2,703,800
2.311.300
2,809,500
1,682,000
1.796.300
1,470,200

3,300,500
3.529.0Q0
3,784,100
2,331,000
4,870,100
1,789,800
2,752,500
2,329,200

6.88 9
0,161
7,0 8 0
6,0 0 5
7,200
6,3 9 6
0.f>16
0,8 8 2

18,421,000 1,117,911,000 24,683.200

5 2 ,5 7 1

1,088,600,000
784,800,000
1.076,441,000
868,700,000
1,200.800.000
842,800.000
734,700.000
1,185,400,000

1,354,000
1,035,400
1.452.100
1.384.300
1.551.100
1,147,800
938,500
1.580.300

8 m o s . . . . 124,459,600 7,781,741,000

J a n u a r y . ..
F e b ru ary .
M a r c h ........
A p ril ........
M a y ...........
J u n e ..........
J u l y ...........
A u g u s t...

18,363,000
12,847,600
16,912,900
14,728.000
19,140,800
18,185,700
10,911,100
18,370,200

1895-

J a n u a r y . . . 13,593.600
896,200.000
F e b r u a r y ; . 12,030.600
762,100.000
M a rc h .. . . 19,057,700 1,207,500,000
A p r i l .......... 15,799.200 1,004,800,000
M a y ............ 28,220.100 1.603,100,000
J u n e .......... 17,365,600 1,101,200,000
J u l y ............ 22,270,400 1,457,975,000
A u g u s t . . . 18.349.100 1,281,700,000

210,700,000
172,701,000
167,900,000
153,300,000
161,110,000
90,200,000
88,100,000
73,900,000

2,041,000
1,390,900
1,928,700
1,418,900
1,938,500
1,484,000
1.328.500
2,161,900

0,839
5.598
6,581
0,401
6,689
6,088
6.856
0,958

10.443.500

595,270,000 13,698,400

51,010

1.091.000
997,500
1.493.000
1.710.500
3.151.900
2,070,100
2.345.900
1,975,200

63,700,000
55,000,000
85.400,000
94,500,000
162,900.000
114,500,0 '0
132,400,500
127,000,000

8,4 34
6,515
6,540
6,434
7,391
6,402
6,939
6,792

8 m o s . . . . 146.0S0.2OO 9,314.875,000 14,835,700

69,100,000
5 6 ,2(0,000
81,800,000
77.200.000
91.700,000
05,300,000
57,070,000
96,900,000

1,483,100
1,133,500
1,926,400
1,399,300
2,157.200
1,544,6 0
2.101,100
1,993,409

835,400,500 13.738,500

5 2 .447

<— Shares, both sides.— > --------- Balances, one side--------- Sheet s
Cleared. Total Value.
Shares. V alue Shares. Cash. Cleared.
$
$
$
1 4 2 ,3 0 0
8 ,2 0 0 ,0 0 0
7 1 ,5 0 0
342
B e p t. 9 . 1 ,1 3 9 ,3 0 0 7 1 ,8 0 0 ,0 0 0
6 ,8 0 0 ,0 0 0
8 4 ,8 0 0
341
“ 1 0 . .1 ,1 1 8 ,9 0 0 7 0 ,2 0 0 ,0 0 0
1 2 7 .6 0 0
6 1 ,6 0 0
5 ,4 0 0 ,0 0 0
312
“ 1 1 - . 8 2 3 ,8 0 0 5 3 ,0 0 0 ,0 0 0
9 0 ,6 0 0
334
1 3 4 ,3 9 0
6 ,9 0 0 ,0 0 0
9 9 ,0 0 0
“ 1 2 . . 1 ,3 2 7 ,8 0 0 8 4 ,1 0 0 ,0 0 0
322
“ 1 3 . .1 ,1 7 0 ,0 0 0 6 9 ,6 0 0 ,0 0 0
1 2 4 ,8 0 0
6 ,3 0 0 ,0 0 0 1 1 4 ,9 0 0
T o t. w k . 5 ,5 7 9 ,8 0 0 3 4 8 ,7 0 0 ,0 0 0
W k l a s ty r 3 . 1 8 2 ,0 0 0 2 1 2 , 6 0 0 ,0 0 0
S e p t.1 6 .2 ,4 9 1 ,9 0 0 1 5 9 ,2 0 0 ,0 0 0
“ 1 7 . 1 ,6 3 7 ,4 0 0 9 9 .4 0 0 ,0 0 0
“ 1 8 . . 9 8 7 ,8 0 0 6 4 ,1 0 0 ,0 0 0
“ 1 9 . . 9 2 2 .4 0 0 5 8 ,5 0 0 ,0 0 0
“ 2 0 . 1 ,1 5 3 ,2 0 0 7 5 ,9 0 0 ,0 0 0

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

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

1 ,6 5 1
1 .4 7 8
368
357
33s
329
346

T o t. w k . 7 ,1 9 2 ,7 0 0 4 5 7 ,4 0 0 ,0 0 0
W k l a a ty r 4 ,3 1 6 ,4 0 0 2 3 3 ,5 0 0 ,0 0 0

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

1 ,7 3 8
1 ,5 0 5

The stocks cleared now are American Cotton Oil common,
American Sugar common, American Tobacco common, Atch­
ison, Central of N. J., Chesapeake & Ohio, Chicago Burlington
& Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com­
mon, Chicago & North Western common, Chicago Rock Island
& Pacific, Delaware & Hudson, Delaware Lackawanna &
Western, Distilling & Cattle Feeding, General Electric, Lake
Shore & Michigan Southern, Louisville & Nashville, Manhat­
tan, Missouri Kansas & Texas preferred, Missouri Pacific, New
York Central, Nev York Lake Erie & Western, New York &
New England, New York Ontario & Western, Northern Pacific
preferred, National Lead common, Philadelphia & Reading,
Southern Railway common and preferred, Texas & Pacific,
Union Pacific, United States Cordage common and preferred
United States Leather common and preferred, Wabash com­
mon and preferred and Western Union.

otuetarg i©o mmzvciVLl%nglish^zms
(From our own correspondent.!
L o n d o n , S a t u r d a y , Sept. 7,1895
An attempt was made on Thursday to blow up part of the
banking establishment of the Messrs. Rothschild in Paris, for­
tunately without effect; and the German Emperor has appealed
for a second time to the people to support the Government in
putting down the Socialists. The general public, however,
pay no attention to these matters, believing that the several
governments are strong enough to suppress all attempts at
disturbance. Germany and Austria-Hungary are urging upon
the Porte to yield to the representations of the United King­
dom, Prance and Russia in regard to Armenia, and it is re­

[VOL. LX1.

ported that the Sultan is beginning to see that he must give
way. Hopes are entertained, therefore, that a better state of
things will soon be brought about in Southeastern Europe.
In the Far East the Russian press is hopeful that Japan will
accept a small indemnity for the retrocession of the Liao-tung
peninsular and will almost immediately begin the evacuation.
At home politics are very quiet. The first session of the
new Parliament came to an end on Thursday. No business
was done except voting the requisite money, but the discus­
sions that have taken place prove beyond doubt that there
will be no material change in the essential principles of the
country’s policy either at home or abroad. This week, for
example, the Indian Budget was discussed and the new Indian
Secretary, who had strongly opposed the cotton duties when
proposed, admitted that they must be retained for the present*
Mr. Balfour, too, has practically confessed that nothing can
be done in regard to bimetallism.
The Bank of England is growing stronger every day. The
deposits are larger than ever before, and the stock of gold is
being increased steadily. Rates in consequence are very low and will probably continue so for the remainder of the year,
for though trade is improving the making of bills is
slow as yet and prices have not risen sufficiently t ) affect the
value of money.
The silver market is undoubtedly stronger. There is a very
good demand for China and Japan. The Indian demand has
eased off, but on the other hand India is importing a consid­
erable amount of gold. In spite of the large imports of both
gold and silver during the past few weeks, the India Council
continues to sell its drafts very successfully. It disposed of
the whole amountoffered on Wednesday at Is. l%d. per rupee,
and it has since sold a fair amount by private contract. The
demand, however, is chiefly for China and Japan.
The bringing out of the Bernato Bank at the beginning of
the week caused a slight temporary set-back in the South
African market and consequently in most other departments.
The shares are of the nominal value of £1, but on the day of
issue they were at one time run up as high as
It is said that
Mr. Bernato looked with great disfavor upon the rash specu­
lation that was got up and that in consequence of action taken
by him there was a decline to about 3 % , and the general im­
pression spread that the boom had come to an end for a time.
But that view has not been taken by the Continent. On the
contrary there has been enormous buying for France, Ger­
many and Austria, and quotations are once more rising. New
amalgamations of great importance are being announced day
by day, new reorganizations are beiDg effected, and new com­
panies are being formed. It is likely, therefore, that the spec­
ulation will go on, but it is undoubtedly becoming dangerous.
In the first place quotations are extravagantly high. In one
instance the £t shares are very nearly at 40; in another they
are at 30; in a third at 24, and to on. But the most serious
matter is the formation of so-called banks in large numbers
which are really and truly nothing more than trusts.
In the American department there was a disposition early
in the week to deal largely, but the continuanca of gold ship­
ments from New York caused apprehension amongst operators
and therefore there is less doing than there was. Still, there
is undoubtedly a better feeliag The hope is entertained that
the gold shipments will soon end and that there will be at all
events two or three months of quiet. There is a fair amount
of ir vestment business goiDg on, and there is a considerable
speculation in Eries and Readings, especially in Reading first
income bonds. Everything proves that if the currency ques­
tion were settled there would be an enormous buying here of •
American stocks of all kinds. There is a steady rise going on
in Argentine railway securities, and there is some business
doing likewise in Brazilian and Chilian, though less in the
latter.
In the Colonial department there is little doing. An an­
nouncement was made at the end of last week that the Bank
of New Zealand found it necessary to write off £1,340.000,
which makes another call necessary. Practically the interes t
of the shareholders is gone and the Bank becomes a Govern­
ment concern. But the well-informed knew that the institu­
tion was in very serious difficulties and the announcement
has had scarcely any effect upon markets.
The Continental bourses are firm, though there is little do­
ing outside the South African department. The one excep­
tion during the week has been a considerable activity and
marked rise in Spanish bonds in Paris, due mainly to covering

499

THE CHRONICLE.

S eptember 91, 1895.)

by “ bears. ' There is a rumor that certain great banks in
Paris hare under consideration a proposal to lend a large sum
to the Spanish Government, the Tobacco Monopoly being
specially pledged. Good authorities, however, doubt very
much whether the loan can be placed. At ail events nothing
is st tiled as yet, but the rumor that these banks were inter­
esting themselves alarmed the “ bears” and the stock has risen
considerably. It is believed now that the covering is ntarly
completed. Some uneasiness is felt in Paris because of the
difficulties of the Madagascar expedition and its great cost,
and the best informed are rather looking for a decline in
French rentes.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.
compared with the last three yeaia;
m*.
ms.
1»3.
\Wb .
Sept. 7.
Sept, 5- Sept, «.
Sept. 4.
i
JB
£
£
m,2si,rm
,***„». wjm&m ^kn%rm
ftre s ia fte a ...
3.3IS.W7 t.tm.in
PbtMe
......... .
Sl.73l.0C49
....... fo.ftfo.rtTt
fttber <fopo*it«.
IWKim
n.WiAU n jm jm
Bmnmmkmt. vmwtMm . . . . .......
..
wjm
*im
.......
lUMAtt
Mm&im
'3f.&ar m m x M m ....
urm m z
&
o f nf>im mm
*2r7.5SiMi
tm’w
C*>lo * ftttllfoo, both
SI 5-l«
fiOS-18
?mp, r« i« rv « to ti&bttlUm.
e . wv»-m
im
3
I
4
tkmk rat©
f m&u
-i
m
97«x4
■
IWHX&
mm * «i
Consol*, tH m t c e n t. . . .
29 LS-1«4.* U4.
mivt ........ . . ... ..
l$i3,C>S0,OtjO mhiMMb jm t4M0 (t
0UI*tralKrasft rata r as
'*
S»
The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous four weeks
have been as follows:

E ogU sb

F in a n c ia l

t l a r K e t a —P e r C a b l e .

The daily c l o s i n g q u o tatio n s f o r s e c u r i t i e s , & c , . a t L o n d o n
are re p o rted b y cable as follow s for tb e w eek en d in g S ept. 90s
L on d on .

Sal

M on.

S liv e r , p e r o z ...................A
O o o so ls, n e w , 2H p. o ts .
F o r a c c o u n t .....................
F T o k r e n t e s (In P a r is ) tr .
A .toh. T o p . & B. F e — . .
C a n a d ia n P a c i tlo ...............
C h e s a p e a k e & O h io .........
O h io . M ilw . A S t. P a u l . .
I ll in o is C e n t r a ! . ..............
L a k e S h o r e ............
L o u is v ille A N a s h v i l l e M e x ic a n C e u t r a l 4 * ........
M o. K a n . & T e x . c o m . . . .
N*. Y. C e n t r a l A H u d s o n
S . Y. L a k e E rie & W e st
2 d c o n s o ls . ....................
5‘ Y . O a f . A W e s t e r n . - N o rfo lk A W e s t'll, p r o f
N o r th e r n P a e itto . p r o f . .
P e n n s y l v a n i a ....................
P h il. A R e a d ., p e r s h a r e
s o u t h e r n R y ,, c o m ........
do
p r e f d .................

30hi
X 0 7 !i,e
107%
1 0 2 -1 0
20
57*s
20*4
7 5 ig
104 4
154
6 -m
71
181*
l o t 's
9
79
1 7 7g
14%
198.
57
9%
13*8
39%
15

3 0 's
1 0 7 » ,6
107*8
01-27% ,
19%
5 7 l3
19%
75%
1 0 3 b.
1531#
63%
70%
17%
101
-%

W a b a s h , p r e f .......................

23M

77H

n~3
1 4 -a
19Lj
56%
9%
13%
39
15%.
22%

Tues.

Thurs

W ed,

30%
3 0 » ,e
1 0 7 8 la 1 0 7 1 1 ,6
107%
107% ,
1 0 1 -2 0 1 0 1 -1 0
20%
19%
59*4
S B 's
19%
20
756s
76%
hu m
1011*
153%
153*8
64%
61%
7 0fti
7 0 *\
18%
18%
105%
104%
8%
8%
78Lj
78%
177ft
17%
11V
14%
19%
1 9 Ts
57
57%
9%
1(1%
13%
13^
39
3“ %
13%
15%
22%
23%.

F r i.

30%
30%
107%
1 0 7 9 ,0
1 0 7 ,'
10738
1 0 0 -9 5 0 0 -8 2 %
2073
23%
59%
59%
20%
21
76%
77*4
105
104*4
153%
153%
64%
65%
71
71
18%
18%
105
105
8%
12%
78
78%
1 7 78
17%
14%
15%
19%
19%
57%
57%
10%
10%
13%
13%
39%
40%
15%
15%
23%
23%

^crronxerctiitatid T&tscellaueiros Betas
n' atiosal Bank-!.—The following information regarding
national nanks is from the Pr~ i-mrv D epartm ent:
NATIONAL BASKS OBGANtZSO

5,017.—The muted State. National Bank of Pltubur*. Capital. *200.000 William Mcker»gill. Jr.. President; C. P. Schaefer,
C s u h ic r .

COaeOHAT* KXIsrK.VCE KXTKNOBD.

3.008.—The OltUetis' Maternal Bank of Keene. .V««r Hampshire, until
August 19. t8i:,.
2.997.—The Seorgcfiva tfaitoaal Bank, t» - irgetevro. MMsaeh-wetts,
antil ••••■>:<tn'i^r 3. Wl i.

2 ,3 1 2 .—T h e P l r - t N a ti o n a l B a n k o f W e b s t e r , M n a a o h n s e t t a , u n t i l S e p Am§. is. I Am<ift*
!, «. j Avg,®)
1. J im e r 1 3 . 1 9 1 9 .
m m sf j
Internet at Bank | Opm 1 Bank |1
j Oani ' 'Open J Hank Qp#t>
I mports ano E xports fob tub W kwe. —The following are
m u . ; Market >m u *!Market
Stmt* |Mark, j Hat*.
the imports at N»; v York for the week ending for dry gootle
s
[
l
j■
t
l
•
: u
?*n*.........
^ 2 iI *M 3
]
f
; IH i s i IH S e p t e m b e r 1 3 and f o r t h e w e e k e n d i n g f o r g e n e r a l merchandise
* 1 »M !
Bmtiln....... .
i S is* : s ! 1H September 18; also totals since the b e g i n n i n g of the f i r s t week
m \ ft j
Hamburg\ S
; ft
fnmfwt..
:1 ft ! m i[ »■ i IH in January.
r o a s i o s l u r o a t s at i s w r >«*
3 ■ t1 |S zm j *«
*H
Am.«»rfUm ! 2H
*M :
m
W*
: in 1 tH if m
8;ramm’m — > tit : h* !
> IH
for Week.
1894
1892.
1893.
1895.
m iL ft !
m \ 4
* i m i «e
p r y f l o o d s . . ...
52,411.936 fl.oTbS'U *2,254.932 *3,112.1ST
ft
■■H ■ ft [ m
| m
ft. rwt#r*0a.fsf. ft ! M*
f'isa’l ni"T-ll*e.
4 , H 3 .1 0 0
f5.33li.090
6.5S8.5 lu
7.807.325
I ft . ft 1^ &
I ft 1 ft i &
ft
PmmhmewB*.* • *« ! m i m ! sh; i m L
I> m ■
Total........ 18.1*30.537 *7,032.894 *9,091,022 *10,719,912
L JgiSint* Jam. i
The rates for money have been m follows:
Dry ttooda---- *«»,08M*l:.,:*100.4IM76i *80,732,795 *107.075,820
Oen’l meTtllne.
tl*es.i 314.807.890; 324^38,284; 218,981,617 283,218,864
tmtermt nMm&td
Market mtt*.
fm SepmtUft® Total 37 w«eks *40»,943,3t2 f t 2 4 ,:» 5 .t 6 0 .f 07.717.113 ^70,294,69-4
i
Ir«to 9tMw
J
Bank BUls.
Tin? Import* of dry goods for one week l iter will be found
m*e*I H*»<
Umdan. 13
in our report of the dry good* trade.
t | Three Fmtr . $fx Three j. Tmi* . S£g
.
At
»ts
II
Mi \ dtmlk* Mtmikt
|CS»®E*|iMm- •: The following is a statement of the export* (exclusive of
MmAkS| M&athtjMmsiksi
specie) from the port of Mew York t> foreign p >rt* for the
U M«W ! tftlH lHAtH- H 4
A tX . »{% ■ 9-18 9-UUtH
n week ending September 17 and from January 1 to date t
** f#f % \,n •!«-%• H*U-|4 14 ;| 1 ! «*
is
H ! <4 M
■groans n o s mbw rose row this warn*.
* ml % H~ii- m 11 >15 14.ift.fo l | IMKMV* t V44M14; H ! H M
" w{ t ;4i.lt.fo ifofo H0U i Mat ! ;■»!'< 1 %--1 H M i W % ;
1 1892.
1893.
1894.
ISOS
tkspt* ft?-f i ftk
IJ-»« MMdB1
H !L id ...M
F ortes week..] *7.142,200 *4,098,286
#6.200,625 * 8 .275,503
M e ssrs. F ix te y

A

A b e ll

w rite

as

Prev. reported. 272,500.102 2 5 7 ,0 0 9 ,7 0 1 254,793,142 233,388 ,5 14
Total 37 w.iek«J *270,842.604 *265.105,917 *200.993,7671*239,844,017
T h e fo llo w in g ta b le show * th e exports a n d im p o rts of specie
ixiUKht nine® *ur h**i la

fo llo w s

Sept,

u n d e r dab? of

5:
Ck»id.—W ith th e e x c e p tio n o f an m o sm -tll o r tiu r* f o r I m l U a i l tin

Bt.rtirmlMfamv®mii hdl i£® ft®m5c, Anti *lift
M717.000. AM
I*#-# N
»
ilw-, oo.l of itII2*000 with*
*InkWB. AxsfNkl<U SCew Vork,. mAWAM i Mm r Ffatfiv 410,000; BtuMd
%£ 40,000. To4 l. 41010,000. ftfiipaieat*:
1; W#'«i
to Bomtmr £$0, 998r
&i?gtin W b rnry *trsftiffy* ?he)1h«i4 %
0IIW-—Tb®m»fkdt
e>WAaAtsti
enrijr in {ho
fe,,f| hm* *<fM>j
ati*4
: s ■ ■-!. r
§ foi&i0Q;m
finmaatl for i BmL h m r *l#i SlftWYork, £150,000;
3,110(3.. "Tc»l£
,000: QMrulK £40.000.
noth a m t fioOiS, £^3,000; zmnghM,
ToftEK
Me %i*mn M
ft
;uwfo telren pfoen In Uirwi c^»i n
tli*1m
At 7104*4 *n'<i 3»ft
f!®W !3f»
F«Ua»jr, JR8yO0O; If.-mir Kd»g* MW.tm.
Tbe quotation* for bullion a re re p o rts 1 a* follow s :

m
Amga. H IjmAftn x&Standard,
i. 4,
4 j
n 9
Bftt isift, fta#,,acOftal r?
- smsS
ft i l l Bar
Bturgold, 9*rUn
n
wmiMpPi
UBS. doabroon73 T f n 7 II t& «ft«r*'C9M U 6x.[TO is -tft;
W
aOC| 7i Ifttf ?$ ifwm»k4sHfVf«,...*. ,m.♦fm 1ft-I£*
‘ft,*** 7# •f‘4 f i ts
ffmeft ffoMflo)a.©*.
ill
I
I
The follotf'iru? iIs ilii# si #age price of wheat compared with
the three pn sffew;mi yt
1895.
1894.
1803.
1892.
Aver, price wltoxt w«wk.23t 10.1 22* 74
25s. 54.
29* Id,
The following show* the quantities of wheat, flour -trd
Lemdon Standard.

m a iz e
WlfiwJWl.

afloat to the United Kingdom ;

Wlozm*
Mmtm... qi*.

.q fr ,

TAWtotem, teat week
2,310,000 2.591,000
207.000 173.000
731.000 711.000

1894
3,202.000
285.000
289,000

at the port of New York for the week ending September 14 and
since January t. 1895, and for the ortesp o n ling period* in
1894 and 1868:
______ sx ro a rs aan nrpoars o r sra o ia at sa w ro a n

9ou

I

Mzport*.
Week. fine* Jan.\.

Import*.
Week. [(knee/an. J.

Oreat BrUaln--- *7,232.021 '* 3 7 ^7 0 3

France
. 13,482,073
Oertnany... ..........
8,000
5,826,088
W <*at I n d i e * ___ ___
4.880 7,541.956
Mexico— ..........
South America__ _
i.OOO
078.954
Ah other countries.
261,483
Total 1895 ...... *7.252,SSI *8», 119,160
T o u t 139 4.
84.280.296
628.115

*18,741,724
18,252
7,699,
3,100

4,603,988
1,527.191
859,007
46,150
379,897
69,330

*27 ,0 5 1!*23,226,987
18 ',098 18,975,950

Hzportt,
Import*.
Week. Since Jan. I.
Week. \Btn*eJm-l
Great Britain..........
*93«,«13’*25,761.723! $. .......
*95,572
Franc©__ . . . .......
3,151
Qerrnany ...............
0,168
.......... !
16,142
Wmt fntiim..........
.... ...!
143,850
294,609
... ......
371,481
""4*031
3#Pi
South America .....
------- ! 095.292
640,649
12,289
All other coaatrle*.
538;
21.132
18,136
Total 1895. .....
*937.3511*20,888.588 810,320 *1,430,066
13,602 1,220,179
549.701! 2 1.532.1SO
Total 1894........
Total 1893,.......
821,095! 23.124.429 169,378 2,825,240
1893,
u i the above imports for the week in I8B3
weri
2,547.000
315.000 American gold wfib. Of the exports during the same timi
391.000 •7,160,860 were American gold coin.
miter-

THE CHRONICLE.

500

i V ol

LXI.

count, after paytag all charges, d ducting interest paid and
due. and making provision for bad and doubtful accounts,
amount to §1.7,53,803 38 The directors recomm jiid the trans­
fer of $500,00J from the pr >fit aud loss account to credit of
reserve fund, which fund will then stand at $5,500,000. After
making this transfer and deducing remu teration to directors
there remains for approoriation $1,343,803 38, out of which
Rye
Barley
Oats.
Corn.
Wheat.
Hour.
the
directors recommend a divid-nd of one pou id and five
R ic tip ti a t mn~.
shillings per share. The bilauce, $313,317 03, to be carried to
Bbls.VMb* Bush.80 lbs Rush.bti lbs Bush. 32 lbs BushAHU» Bu.fW l'
13,950 new profit and lots acco tut. The New York Agency of the
428 273
336,349 1,634,114 1,711,292
61,2o8
15,600 Company is at 50 Wall Street.
4-12 100
143.000
24.050
168 800
61 0:0
M ilw aukee..
101,142
2,193
109,935 2.673.C81
O il a th .
—The New Eigland Loin & Trust Com iaoy. 31 Nassau
9,3-0
2,15-7’50
M in n e a p o lis
2,600 Street, New York, in a circular letter ju<c issu-d, refer to the
1,200
36.030
54,200
118,2 M)
1,391
T o le d o ..
benefits to be derived from the large crops by the farmers
13,37c
31.256
85,753
3.JfiO
{D etroit .
throughout the fi Id in which they make loans, and state
14.361
2,803
92,501
1.037
< te v e la n d ..
609
2,139 that during the five years ending last January they had
310,830
303,471
136,810
2‘\215
Q t. Loots.
2,400
12,600
loaned over $6,100,000 on farms, and the property now owned
548.750
327,410
28,200
3,150
P e o ria ..
as a result of these loans represents only $8,000; that they
110,040
V a n ia s City
36,789 have redeemed a considerable amount of their debentures be­
2 51.993 6,097,445 2.220.072 2.891,304 1,609,2 4
T o t.w k , ’95
74 675 fore maturity and will redeem an entire series on November
429.938 5,476,0 1 1,681.610 1,601,761 1,339,003
S a m e wk.'94.
243,347
87.594 1st next, a year before it is due. Their intention is to pay all
399,106 6,124.424 3,937.053 3,763,148
B a m e w k ,’93.
debentures before they mature under a provision permitting
f tn c s A ug. i
495,229 this.
The semi-annual statement of this company will be
1.6 3,663 26,111.323 14,792.616 17,319.509 2.053.204
18P5............
2.274,443 40.378,234 j 10,795,012 19,477,175 1,581,6 17 396,051 found in the advertising deDartment of our I n v e s t o r s ’ S u p ­
1891...........
548,233 p l e m e n t . The fifty-second coisecutive quarterly dividend is
548,154
2,118.992 26.266.209l 20,941,523 21,307,130
1893.
The receipts of flour and grain at the seaboard ports for tl e advertised payable to-day.
week ended Sept. 14, 1895, follow:
City Railroad Securities—Brokers’ Quotations.
Rye
Wheat,
Oats,
Com,
Bariev
FZour,
B rc a d u tu ir*

P ls u re .

B ro u g h t

F ro m

Faze

5 2 6 . — T i 'e

statements below are prepared by us from the figures ot tne
New York Produce Exchange, We first give the receipts tt
W e s t e r n lake and river ports, arranged so as to present t i e
oomparative movement for the week ending Sept. 14 18 5,

Receipts at—

bbls.
bush.
128.349 1.092.450
79,503
164.942
52.955
35,770
45.677
20,' -26
1,739
17,737

...

M o n tr e a l..............
P h ila d e lp h ia ....... . . .
B a ltim o re .............
R ic h m o n d ............
$few O rle a n s....... . . .

1.440.008
1,611.884

W e e k 1894..........

bash.
847,550
254,^36
5-1.8 10
20 025
90.520
9,303
170, 3:4

bush.
2,935

bush.
541,300
11>6.06 7
23,963
123.234
47 893
8,946
38,928

1,495,465
893 333
323.451 3,223,939

im*’ .
975
1,350
2,531
45

6,925
131,925

4,901
9,129

The total receipts at ports named in last table from Jan. 1
to Sept. 14 compare as follows for four years:
f l o u r .................

1895.
11,29 >.213

1894.
14,087,341

1893.
13,283,240

1892
13,293,0 82

O a t s ...................
............

25.411,797
32.264.16 7
27,955,952
1.595,187
333,081

37,026.718
86,078.24 4
30 615.393
1,9*8,674
233.234

09,478.614
38.157,352
34.789.0:6
2,738.739
902,510

83,180,754
70.078,670
39.313,903
3,155 4-19
3.064,727

T o ta l (rraln

87,56 ',184

105,882 8 )6

143,060.327

201,293.513

aye-

The exports from the several seaboard ports for the week
ending Sept. 14, 1895, are shown in the annexed statement
Com.
bush.
703,464
132,4.6

Flour,
bbls.
69 791
20,826

25.714
103,1^6

183

*22.599
14.331
5,097

' 34,236
145,008

i-i*20L
23.753

923,940 1.204.267
1,090,272
101 853

173^654
315,732

Wheat.
bush.
Exports from—
N ew Y ork................ . 556.622
^B oston.................... .
•P o rtla n d ..................
.'P h ila d e lp h ia ..........
^B altim ore................
N e w O rlean s..........
N o rfo lk ................
N ew p o rt N ew s— . . 33,610
f l i e n t r e a l ................. . 165,900
T o t a l w e e k ...
S a m e tim e 1894

O ats.

bush.

48,051

Rye.
bush.

Peat,
bnsb
9,243

G A S C O M P A N IE S .

88,126
14&90

B ro o k ly n G a s - L ig h t.........
C e n tr a l.........................
C o n su m ers’ ( J e r s e y C ity ).
B o n d s ...................................
C itize n s’ (B ro o k ly n ) ........
J e r s e y C ity & H o b o k e n ..
M e tro p o lita n —B o n d s ........
M u tu al (N . Y .......................
N assa u ( B r o o k ly n ) ...........

9 .7 4 j

46.52()

1,904,483 1,204,207
2.629,830
101,853

2,327,735
127,775

Oats
bush.
574.000

. 1.945,000

Com,
bush.
436.000
40.000
75.000
215.000

159,000

74,000

.14,367.006

1,346,000

521,000

i 32,000

*59,000

29,006

’ 16,000
228,000

Wheat,
bush.
. 3,716,000
. 207,000

.

11,000
100.000

429,000

Do
a flo a t.
l u t h .................
. 4,408,000
Do
a f l o a t.
e d o ...................
. 975,000
Do
a flo a t...........
t r o l t ..............
. 481,000
Do
afloat.
O sw ego
50,000
. 1.404,000
Do
a flo a t..
C in c in n a ti............
43.COO
.
58,000
T o ro n to ..
8,000
. 113.000
. 352,000
.
53,000
. 182,000
. 622.000
. 67 2,000
. 5,370,000
COn L a k e s....................... 2.172.000
• 3 * ic an al an d r i v e r . . . 660,000

£8.000
1,301,000
467,000

33,000
4.000
99.000
135,000
189.000
12,000
2.000
95,000
100.000
53.000
894.000
164.000

.38.093.000
.86.754.000
.69,214,000
.57.331,000
41 300.OOO

4,931.000
4,782.000
4,101.000
6,462.000
9,795.000

2,811,000
3.194,000
8,221,000
3.100,000
6.019 000

‘T o ta l S ept.

Rye,
bush.
18,000

10,000

43,000

142,000

36,000

io '3,co6

27,000

15,000

9,000

275.000
132.000
3-9,000
145,000

135,000

8,660

1,000
52.009
44,000
55.000
33.000
88,000

A sk

l l l \ i 1114
1 6 5 4 169
114
116
$103 4 105
330 350
103
320 330
55
60
$115
55
6 o'*
19H 20
111
1114
101
1014
155
155
160
108
103 1 0 4 4
210 212
1 ___
9 3 41 9 5 4
1214122
300
....
100 105 j
107 .........
$104 >1054
$ 1 0 0 4 102

$ A n d a c c ru e d in te re s t.

....... 75

The visible supply of grain, comprising the stocks in granary
mX the principal points of accumulation at lake and seaboard
iports, Sept. 14, 1895. wag as follows:
I n store at—
H o w Y o rk ...............
Do
a flo a t...
^A lb a n y ...................
B u ffa lo ...................
Do
a flo a t..
O h ic a g o ..................
Do
a f lo a t..

B id .

C o lu m b u s & 9 th A v e. 5s.
D. D. K. B . & B a t ’y —S tk .
1 s t, g o ld , 5s, 1 9 3 2 .J & D
S c r i p ...................................
31
112
E ig h th A v e n u e —S to c k ...
S c rip , 6s. x914 ...............
200
42d & G r. S t. F e r .—S to c k
108
112
4 2 d S t.& M a u .& S t.N .A v .
1 st m o rt. 6s, 1910.M & S
2 d m o rL ln c o m e S s .J & J
106 4
I I 4 I4 L o n g I s la n d T r a c tio n ___
1 7 7 4 Lex.Ave.& Pav.Ferry 5s.
116
M e tro p o lita n T r a c t i o n . ..
N in th A v e n u e —S t o c k . . .
105
S e c o n d A v e n u e —S to c k ..
1 s t m o rt.,5 s , 1909. M & v
D e b e n tu re 5s, 190y. J & J
15
S ix th A v e n u e —S t o c k . . . .
62
T h ir d A v e n u e —S t o c k . . .
200
1 s t m o r t., 5s, 1 9 3 7 . J & J
T w e n ty - T h ir d S t.—S t’k .
167
D eb. 5 s, 1 9 0 3 ...................
U n io n B y —S t o c k .............
165
1 s t 5 8 ,1 9 4 2 ......................
W e s tc h e s t'r , l s t , g u M5s.

Was Securities—Brokers’ Quotations.

Exports for
Week Since Sept.
Week Since Sept.
Week Since Sept.
M week and since Sept. 14. 1, 1895.
Sept. 14. 1.1895
Sept. 14. 1, 1895.
Sept. 1 to—
bbls.
bush.
bbls.
bush.
bush.
bush.
U n ite d K ingdom 99.443
117,673
730,683 1 622,0-8
035,833 1,234,222
C o n tin e n t............
1.719
20.124
449,658
138,«33
233,206
1,0-95,417
3 . & C. A m erica.. 29,782
71.298
39,689
44,72 >
W e s t In d ie s........
33.974
51,152
25,129
37,083
12,30i
B r it. N. A. Col’s.
6.935
3 958
4,953
4 > ther c o u n trie s ..
1,801
2,015
48,624
48,624
726
344,627
923.940
595.783 1,090,272

A sk.

40,000

The destination of these exports for the week and since
Sept. 1, 1895, is ab 1- low. We add the totals for the corres­
ponding periods of last year for comparison:

T o t a l .................. 172.654
T o ta l 1894............ 315,732

R id,
Atla n . A v e., B ’k ly n —
C on. 5s, g ., 1 9 3 1 . A & O 107
I m p t . 5 s, g ., I 9 3 4 . . J & J
85
81eek. S t. & F u l.F .—S tk . 29
1 st m o r t.. 7s, 1 9 0 0 . J & J $110
8* w ay & 7 tn A v e .—S to c k . 195
l s t m o r t . , 5 s , 1 9 0 4 .J & D $106
2d m o rt., 5s, 1 9 1 4 .J & J $109
B’w a y 1 st, 5s, g u a r. 1924 $112
2 d 5 s .ln t.a s r e n t ’1.1905 $ 1 0 4 S.j
Co n so l 5 s, 1 9 4 3 ...J & D 114
B ro o k ly n C ity —S to c k ... -----176*3
C onsol. 5s, 1 9 4 1 .. . J & J 115
B k ly n .C r o s s t’n 5 s . 1908 105
B k l’n .Q ’n s C o .& S u b .ls t $ 1 0 2 hi
B k ly n .C .& N ’w t’w n —S tk 200
5 s ,1 9 3 9 .......................... $110
B ro o k ly n T r a c tio n ............
i0
P r e f e r r e d ..................... ..
60
C e n tra l C ro s s to w n —S tk . 185
1 st M., 6s, 1 9 2 2 ...M A N $118
C en .P k . N .& E .R iv .—S tk . 164
C o n so l. 7s, 1 9 0 2 ...J & D $ 1 1 4 ^
C h ris t’p ’r& lO th S t.—S tk . 150
1 st m o r t..1898 ...A & O 100

4,666

Barley
b u sh .

27.000

N . Y . & E a s t R iv . 1 s t 5 s..
P r e f e r r e d ................... ......
C om m on...............................
C onsol. 5 s .................. .......

P eo p le’s (B ro o k ly n ).
..
95
P e o p le s’ ( J e r s e y C it y ) ___n o
175
M e tro p o lita n ( B r o o k ly n ) . 175
W i lli a m s b u r g .................... 220
1 s t 6 s ............. ......................... 105 108
F u lto n M u n ic ip a l............. . 175
B o n d s, 6 s ....................... . . . 1 0 5
E q u ita b le ..................................195
197
B o n d s, 6s, 1899 ............... 106
•It. P a u l ...................
64
66
B ond*, 5 s ...............................$ 8 8 4 90X
S ta n d a rd p r e f ...................... 108
C o m m o n .....................
68 4 70
67
W e s te r n G as
........ , 65
B o n d s, 5 s ...................
$95
97

§ A nd a c c ru e d in te re s t.

Auction Sales,—Among other securities the following not
regularly dealt in at the Board, were recently sold at auction:
By Messrs. R. V. Harnett & Co.
Shares.
4 9 C e n t r a l P a i n t , O il & T a r ­
n i s h C o . .................................
3
1 B lo o m in g G r o v e P a r k A s ­
s o c ia tio n , $ 4 5 0 .................. $ 3 0

Bonds.
$ 8 ,0 0 0 M a r it im e C o a l C o . 1 s t
15
6 s , 1 9 0 4 ................................. ....
$ 3 ,0 0 0 8 o u t h A m b D y G a s -L .
C o. 1 s t 6 s , 1 9 2 4 ........................
5

By Messrs. Adrian H. Muller & Son
10
] 30
20
30
120

Shares.
P e o p le ’s T r .C o .o f B’k l y n . 2 4 2
N a s s a u T r . C o. o f B k l y u . 1 3 5 4
I m p ’s ' & T r a d ’s* N a t. B k . 5 2 0 4
B a n k o f A m e r i c a ............ 2 1 6 4
S te r lin g
In c a n d e sc e n t
G a s L i g h t C o .......... ........$ 3 0 l o t
g a u k i u f l

Shares.
5 0 T h i r d A v e n u e R R . C o ___1 9 5
3 0 U . 8 . C a s u a l ty C o ...............1 4 1
Bonds.
$ 2 ,0 3 0 L o n g I a l. W a t e r S u p ­
p ly C o. 1 s t 6 s, 1 9 0 1 , J & D .. 99

a u d

f i n a n c i a l .

S p e n c e r T r a s k & C o .,

1,000

84.000

*7

4,000

& 2 9 P IN K

B A N K E R S ,
ST R E E T ,
6 5 Stale Street, A lb any .

INVESTM ENT

4.000
64.000
48,000

30,000

15,000

125,000

685.000
518.000
312,000
338.000
670,000

A sk.

B id .

130*6
L50 loO
94
91
L04
100
70
.....
180
108
....
175
171
220
100
93 ^ 94
52
54
32
30
77^
77

S

a m

u e l

D .

Y O R K .

SECURITIES.
D

&

a v i s

C o .,

BA N K E R S,
NO. 40 W IL L

486.000 S a m u e l D . D a v i s .
187.000
1,628,01 0 G e o r g e B a r c l a y M o f f a t .
395.000
430.01 0
M o f f a

—The semi-annual statement of the Hong Kong& Shanghai
Banking Corporation, covering the half-year ending 80th
June, 1895. has been r.ceived, The net profits for that peiiod,
including §139,665 61 balance brought forward from last ac­

N EW

S T ., N E W
Ch

A

t

&

Y O R K .

a s.

W

B. V

an

lex an d er

h

i t

e

N

ostrand

M. W

h it e

, J

r

,

BANKERS
SO

P IN K

S T R E E T

-

-

N K W Y O R K .

INVESTMENT SECURITIES.

,

T u

B a n k e r s ' (S a s e tte .
DIVIDENDS,

Xam e o f Company.

501

THE CHRONICLE.

S eptember 31, 1S93,]

Per
Cent.

When
Payable

Books closed.
lD ays inclusive.)

R a ilro a d * .

Oct.
Chanters ............................... 3
1 iOct. 1 Sept 20 to Oct. 1
CU». Ham. & Day. pref. (guard
Dattoo 4 Mleh.eom.Kaar.- ...
'• pref ,*n. Ci'iir.) 2%i 0<:t- I Sept.20 to Oot. 1
2% Oct. l'> «)0 t. 2 to Oct I t
G a B 8 * S a o fc io g ( f p i i r .i —
New Castle & Beaver v««L quar) I % Oct. I Isept 2 i to Oct. 1
to Out. 1
Sept. 3 , --K. Y. If. H. at Hartford ii| « >.. 2
Oot. 1‘ -Sept,9 to Oot. TO
Norfolk .v Boutberu i lar.i....... I
Pitts. Youo£%. * Ashtib., isotu
2' sept.17 to Sept. 25
Do
do
do
pri-f
2% Oot. 10 Sept .21 to Sept. 30
L'n. X . J . R K . A ( J a a a L g d - (q a s trd
ank*.
Ftflh Aveil p- (<iOar.)...............,
Do do (extra >............... 2s I ° ct- 1 3ept.26 to Scot. 30
T ru .i C oiapanlts.
Oct. 1 3epl.21 to Sept. 30
Franklin. Br s t j u dinar ).......
T i t l e O a a r . & T r u s t t q i.*r > .........
Oct. 3 Sept.21 to Sept. 30
.Wl»eellaae<JU«.
American Bell Talaphone (qoar.) 3
Oct. 15 Oct l to Oct.
Beaver CftniMldatrif <«as........
1 Oct. 1 '«p(.23 to Ort.
KitMou Elec Til . B'kfyn y sar.i. l ’-a Oct. 15 Oct. t to Out.
Equtaib e Ga* Liiclu !.|uar). ..
3
Oct. 15 Oct, 2 :u Oct.
oot. 17 Sept.K to Oct.
National Leasl.com......... ........ 1
Oct. 1-. -c,-t 13 to Oct.
Procter
pref. <ji*r i. 2
s u i'i <rd Gas l.iiht. com .......
B»
do
pr»f (quart U | ° ct- 10 Sfpt.27 to Oct.
Wadtakh'se td. A Mfg., n-r- f'nu i 1 \ Oct. liSept.22 to Oct.
W itiL tU B K I . nUDAV, SEPT. 20. IS M .-J P. 31.
The Money M arket and Financial S itu atio n .—The
change in the condition of the foreign exchange rn.trket, to which reference is made on a previous page of this
Issue, is one of the important developments of the week af­
fecting the market for railway and other securities, and the
result is shown in a better demand and higher quotations.
Rumors are again current tiiat the new Heading plan of re­
organization will be announced during the current month.
The anticipv ion of this and i he advance already made in the
price* of anthracite coal have had a favorable •■fleet upon »>mtirnent in investment circles as well as upon the shares of the
coal-carry mg roads.
It has been unnou- ced during the week that a controlling
interest in the New York .V New Er gland Railroad is held byinterests frie dlv to the New York New Haven & Hartford',
and tb .t the two system* will be managed in harmony.
Reports of railroad earning* for the second week in Sept.,
notably those of 8t. Paul, M > Pacific and the Wabi-th. sh*»v
a very large increase in the volume of traffic over those
roads. It is reported in Northwestern centres of trade that
the movement of general merchandise ia larger now than it
has been at any time during the past three or four years
The shipments of currency from this centre to the interior
»re increasing, and the money market ia gradually assuming
more normal conditions.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from H f to 3 |» r cent.
To-day rates on call were 1% to 2 per cent, Prune commercial
piper ia quoted at 1 to 3 per cent.
the Bank ul England weekly statement on Thursday
showed sn increase in bullion of Jt974.4?0,and the percentage
of reserve to liabilities was 60*i8 against «W» last week: the
discount rate remains unchanged at 2 per cent The Bank of
France shows a dfcrease of ?,873,0w francs in gold and
2,37-5,fXW franca in silver.
The New York City Clearing House banka in their statement
of Sept. 14 showed a decrease in the reserve held of $9,436,300
ann a surplus over the required reserve of |96,6S5,2S0,
against $84.$46,775 the previous week.

DiKeren'sfrom 1804.
1393.
Frm. week. Srpt, 15.
Sep;. 10.
I
*
*
C a p ita l................. 62,622.700
£ 1,622,700 60,422,700
h o rp ln a ...........
7 J .5 J 3 .t0 0
71.041.900 71,594,800
t o » m * >ll»e‘Dis,'S2*l,S{*a,i)00
:43»,tM7,100 392 ■»*<>,->C*0
OlrcnlsUoii . . . . . . 13.663,50® loo. 137.000 10.070,800 12.723.600
Net d e p o s its .__ 871.756,200 Dec. 5,099.100 586.6it.lxi 377,273,600
0 p«cl«. .........
62,815,500 Deo. 1.911,600 91,269,300 73,456,300
Legal tender*.... 107,108,800 Dev.7,524.700 115 324,000 31,463,200
R e s e r v e t ie ld -------1 0 0 , 12 1 , 3 0 0 Dec* 9,436,300 200,612.300 104,920,100
Legal reserv« ... 142.939,050 Dee. 1,274,773 146,*;. a,(Msi 94,318,160
Barpioamerre 86,046.230 Dee 9 , 1 6 1 ,35 3 59,95 1,700 ioTcoltoo
Foreign Exchange,—There has been a marked change in
the tone of the foreign exchange market during the week.
Commercial offerings and bankers' bills have increased in
sufficient volume to cause a decided weakness, and rates have
declined. The shipments of gold during the week amounted
t",H / >7 •*'
c ; c
t morrow.
To-day actual rate* of exchange were as follows: Backers'
sixty days sterling, 4 »*>;«» te-’* ; demand. 189', 4 r»K;
cable*, i st»X^.4 89ft,
Posted rates of leading bankets are ae follow*:
1895.

t i p t . 14,

Mspitm-her t o .

j

B itty Days,

j

D em on, i.

Trttne bankers*starlit** hill*on L« s S ob..'4 88% a 4 8 9 % 4 8 9 % « l 90%

P«®e commercial............ ............. .

t nl\<*s 99

___

D toom eiitM jreonjH ierei*!............... . . . . . . . i 87>«»4 87%'
........ ■
h a n v -rv f f r n n r e i . . . ........................ if, 1 7 V - 3 171, » i e * , , » 5 10%
A n u to rd am t*uUd«r«i oaok.ir-.................I 40*,,,»40%
4O% e40''i6

Frankfortor»r«amttreieltw.*>r»si t>*k*i*.*> w v » oat,, 1

The following were the rates of domestic exchange on New
fork at the under-mentioned cities to-day: Savannah, buying
oar, selling ^@1-10 premium ; Charleston, buying p ar,
selling tg premium; New Orleans, bank, $100 premium;
commercial $150 premium ; Chicago, 35*,. per $1,000 dis­
count; st. Louis, 50@75c. per $1,000 premium.
Halted States Bonds.—Gwerfirmnt honils have b een
dull but firm. Sales a t th • Board include $21,00) 4s, cou p. ,
1957, at I12tb to 1•a;!g and $lO,<Ul) 4s,reg., I9t>7, at U l^ .
Following i,i« elosiug quotations:

2s, ................ rejt.
Is, 1907
-si-.
is, 1907........vonp.
is. 1925......... .res.
Is, 1925........ «oup.
5 s, 1 9 0 4 ...............r e s .
5s, 1904 ....... ooap.
6«. oar’cy.'9S...reg.
6*, oar’ey,’96.,.rsg.
6s, 'ar'cj-,'97- rev.
6s, <3ar'i-y,'9S...-ey.
6s, inr’cy-,'99.. rev.
4s, (Cher.iisgs.rc,:.
49, ( C h e r . ) l 8 9 7 . r e * .
43 , (Cher.) 1898.rev.
4s. (Cher.) 1899.rett.

* 96% * 9 6 %

•111% *111%
112% 1127%
*131% *121%
•1 2 1 % * 1 2 1 %
*11.5% *115%
*115 v *115%
*100
*100
*101% *101%
*101 *104

*107% *107%

•n o

* 110

k *1 0 0 %
*100% *100%
*1 0 0 % *1 0 0 %
*100% *103%.

■T his i* th e price Old a t th e im iru ia : Hoard, ati sale i f as u ntie.

United State* Sub-Treasury.—The following table shows
receipts aud payments at the Sub-Treasurv,
|
Datt.
Sep.
••
„
*«
**
**

14
16
1T.
13
19
to

T o ta l

* €c*nn*.
i
3,174,967
4,036, 70
2,804 852
4,287,586
9,7 9 !,7 4 2
5,180,976
2 3 ,2 7 3 ,2 8 3

P aym ents.

Coin.

B alances
10o%n Cert’s. C urrency.

$
*
0.!
2,659,378 87.702,3
2,776,082 87,70 V. 492
87,574,1:
0
2,500.064
3.1* 6,9*3 88..130.19I'
4,190,017 3 ',0.18,795
3 .7 6 '. 602 90,913,605

s
702,185
783,248
719,193
749, *25
(*7 7,01:5
820,637

*
97,099.357
9 *>,*70,330
93,085,515
90.026,001
97,022,451
97,339,324

1 9 ,1 4 7 .0 8 6

Coins.—Following are current quotations in gold fo r
coins:
8 *nrr«l*»*........ f 4 8 6
. * 1 : 0 Fine sliver bars... —6 6 %» —6 8
StApoleoM......... 3 85 » 3 90 Five,
“ h‘ u m . . . . - 9 0. . .<l> - 9—
6
X X Krlchinarti*. 470 it 4 80
M exican dollar* - 53 %it - 54
25 fe**u>........ l 75 a 4 82
Do anooiB’wal ----- i t ------Span. BooOU>t>ti*»i550 a 1.* 75 Peruvian i,„i«
- 4 9 * - 52
Me*. Duuolooa*.IS SO »13 73 Bogtieh siivor.... 4 85 » 4 92
Flu*' gold Oar*..
p u r s % p r r m . U. 8. t r a d e dollars —55 <f - 75
Mate aud Railroad Bond*.—Sales of State bonds a t the
Board include #1,000 Tennee-v-e settlement 8 s at iWb£ ; $10,000
Virginia 6 * defd. trust receipt*, stamped, at tild; $ 1 0 ,Out) Vi**
giuia fund, debt 2-3» of 1901 at 03 i nd $l(),OiXi Sotith Carolina
Os, non fundable, a t l$f.
The raitroa*! t»nd market has been dull but stiong, and in
moat cases prices have recovered from the decline noted last
week. The Atchisons have («-en among the most active on
the lb land all the issues Irnve advanced over 1 point, Plhla, &
Reading bonds have also been conspicuous for activity and
strength, gaining an average of nearly 2 points on the pros­
pect of better earnings and expectation of the new reorganiza­
tion plan in the near future. Chic. & Erie lste have gained
nearly 3 points, as progress is being made in the rehabilitation
of the company. Or. short Line & U. N. con. recta are over
2 points higher. St. Louis Southwest, Issues, Mo. Kan. &
Tex, -Ms and Wis.Cent, 1st reels, have also made substantial
gains, Oregon Imp. con. 5s have deebned over 3 points on
the report that default will occur Oct. 1 st and that holders
will be asked to fund a number of coupons.
Railroad and Miscellaneous Stocks.—The weakness o f
the stock market noticed in our last issue continued into th e
early part of this week, but in most cases a turning point was
reached on Monday,since which there has been some recovery.
The coal stocks readily responded to the change in tone.
Stimulated by a more general advance in the price of anthra­
cite coal, and have gained from about 2 to over? points. The
leading grangers suffered a decline averaging about 2 point*
from our last, quotations, which was followed by a substan­
tial rally. St. Paul sold on Monday a t 72ya, on Thursday a t
?5?%, closing at 7$}^. Rock I*Jat.d, which sold above 84 ainoo
Sept. 1 st, had declined to 75% 1 n Monday, closing to-day a t
7>>!4- There have bten similar fluctuations in other stock's of
this group, including Southwestern shares. Manhattan Elevabd has fluctuated between 107!-4 and I I I ,closing a t 1 1 OTj.
Of the industrial list American Tobacco has been prominent
on the report of an agreement with its competitors, and ad­
vanced fr<>tn 94J£ on Monday to IO23 4 on Thursday. It closes
to-day a t 100%. American Sugar has gained '1% points from
the lowest price of the week, closing a t 1 0 5 ;%. Pacific Mail
has been strong on the announcement of an agreement w ith
the Panama Railroad Company for a division of territory, and
advanced several points. National Lead was bid up on the
declaration of a dividend.
Chicago Gas baa gained about 5 points on heavy buying of
the stock and a reported change in tin* control of the property.
The advance in Distilling, General Electric and Tenn. Coal
<x Iron is from 1 to about 2 points,

THE CHRONICLE.

5 02

V ol. LXI.

NEW YORK STOCK EXCHANGE—A C T IV E STOCKS fo r week ending SE P TE M B E R 2 >, and since JA N . I , 1 8 9 5 .
S a le s o r
: th e
| W eek,
! S h a re s.

H IG H E S T A N D L O W E ST P R IC E S )
B a tu rd a y ,
S e p t. 14

M onday,
8 e p t . 16.

T u esd ay ,
S e p t. 1 7 .

W e d n esd a y ,
S e p t. 18-

T h u rsd a y ,
S e p t. 19.

F r id a y ,
S e p t. 2 0

STOCKS

A ctive K it . Stock*.

*115
118
‘115
117%
24% 24%
23% 24%
1 2 % 12%
12%
n%
3 7 % 38%
37
38
1 1 % 12
11
11%
2%
*1 %
1%
1%
*41
48
*41
48
*78
81
81
*78
14% 14%
1 4 % 14%
6%
*5%
6
0%
9%
9%
9
9%
2 1 7e 9 2 %
21
22%
1 5 % 15%
1 3 % 15%
50
50
49
49%
*6
7
6
6
22%

22%
21%
72
70% 70%
103% 105% 103%
99%
99
99
94% 96
94%
' .......... 1 1 0 %
6 1 % 62% ' e i %
143% 143% 141%
16%
1 8 % 18%
36% 37%
36%
32%
34
32
83% 89%
90
‘ 5%
5%
5%
*8
11
*8
30% 31%
30
*125
...
125
1 7 3 173
173
*67
67% ‘ 67
40
41%
38%
100
100
7%
7%
6%
15
15
H%
1 5 % 15%
15%
84
84%
83%
39% 39%
38%
92% 93
92%

115
24%
12%
38%
11%
1%
*41
*78
15%
6%
9
21%
14%
*47
*6

22%
72
106
100
96%

22
*70%

7%
14%
16 1
84%
39% l
93% l

7%
14%
15%
84%
38%
93

6%
19%
18%
58
*30
*17
*116
*65
8
16%
*31
*91
118
*115
24
13
12 %
39
38%
12
12
1?
1 78
41
48
*78
81
15%
6%
9%
22%
14%
49
48
7
‘6

” 6%
20%
18%
58
32
19
L18
67%
8%
17
32%
93

118
24%
13
39
1218
2%
41
81
15%
6%
9%
22%
15%
48%
7

22% 22%
73
73
106% 107%
100
100
96
97
..............
”6 2 %
62% 65%
65% 67%
142% 142
142
142
143%
18%
1 7 % 18%
18% 1 9 %
37%
36% 38
37% 33
33%
33% 34%
34% 35%
90%
90
90%
9 1 % 91%
5%
5%
5%
5%
5%
II
8
8
*8
11
32%
31% 33%
32% 34%
123
.....
123
173
173
173
172% 172%
67% * 6 7
67% *66% 67%
41%
41% 42%
42
43%
7%
14%
16%
84%
39%
93%

7%
14%
16
83%
38%
93%

* T h e se a r e b id a n d aB ked; n o s a le m a d e.

7%
14%
16%
84%
39
93% '

t A ll a s s e s s m e n t s p a i d .

.

68
7%
17
33

*6%
18%
4
1 8 % 19
57
57
*30
32
*18
19
116
118
*65
671a
8
8
1 6 % 17
*31
9

.

6%
19%
18%
50
32
19

.

6%
6%
19%
18%
18%
18
56
56
*
32
19
*17%
*116
*65
8
7%
17%
15%
32
*31

.

*6%
18%
18%
56
*30
*17%
*116
*63
8
17
32

L o w e s t.

Highest

3 % J a n . 3 0 < 238 a S e p t. 2 0
12 2 % 2 2 % t2 2 % 2 3 % A t. T o p . s. F**, 3 d l n s t a l . p d . 9 2 ,8 1 1
33% 34
4 ,5 2 8 3 0 4 ) S e p t. 1 6 3 6 % S e p t. 3
33% 33%
D o . p r e f . , w h e n is s u e d .
226
*1
2
M ay 13
% F eb . 27
1%
1% A t l a n t i c <Sz P a c i ilo ...................
1%
1 ,6 2 2 4 9
*6 4
6 5 % B a l tim o r e & O h i o ...................
M a r . 8 6 6 % S e p t. 9
65
*63
1 ,2 4 0 3 3
J u ly 12
M a r. 8 6 0
* 5 7 % 5 8 % *57% 5 8 % C a n a d i a n P a o W o ............
4 ,2 6 5 48
55
55% C a n a d a S o u t h e r n _____
J a n . 3 0 5 7 % A u g . 29
55
55
1 3 ,6 6 7 8 1 % F e b . 1 8 l i e 1* S e p t. 4
115% C e n t r a l o f N e w J e r s e y .
114% 114
112
2 5 1 2 7a F e b .
0 2 1 3 a S e p t. 4
20
19
19
2 0 IC e n t r a l P a c i i l o ........
7 ,3 8 1 1 6
2 0 % 2 0 % C h e s a p e a k e A O h io
J a n . 2 9 230a M a y 1 1
1 9 % 20%
9
lb O
J u ly 9
J
a
n
.
1
6
3
147
............ C h ic a g o <fe A l t o n _______ . . . . . . .
„
163
*163
M a r. 4 925q J u ly 2 9
84% 85%
8 5 % 8 6 % C h ic a g o B u r l i n g t o n & Q u in c y 1 6 1 ,0 6 2 6 9
5
7
M
ay 8
J
a
n
.
1
2
5
0
52% 52%
. . . . . . . . . . . C h io a g o * E a s te r n I llin o is ...
250
J a n . 31 1 0 6
S e p t. 5
........ 1 0 4 % 1 0 t%
Do
p re i.
206 90
9
7
8
7s
S
e
p t. 4
5
3
7e
M
a
r
.
74%
75%
7 5 % 7 7 C h io a g o M ilw a u k e e & S t. P a u l 2 1 0 ,9 8 6
S e p t. 5
129
129
129 129%
Do
p re l.
7 5 8 114% M a r. 29 1 3 0
1
0
6
°8
A
u
g. 29
8
7
%
M
a
r
.
4
1 0 3 % 1 0 3 % 1 0 4 % 1 0 5 % C h io a g o <fe N o r t h w e s t e r n ........ 1 2 , 7 4 5
F e b . 1 4 1 4 6 is J u l y 2 4
146
146 *144 148
Do
p re f.
15 137
8
4
3
s
A
u
g
. 28
6
0
%
J
a
n
.
3
77% 77%
7 7 % 7 8 % C h io a g o R o o k I s l a n d & P a c i f ic 8 9 ,3 1 7
A uk. 2 9
% OM
42%
42%
42% 43
%
C h io a g o S t. P a u l M in 2n 8, dz
ma. 5r.,3 780 4 6
1
2
3
S
e
p
t.
6
1
0
4
M
a
r
.
3
0
119
119
119% 119%
Do
p re l.
350
A ug. 28
44% 45%
4 5 % 4 6 % C le v e . d n o i n . C h lo . & S t. L . . . 1 0 ,5 9 1 3 5 % F e b . 1 3 5 0
8
2
J
a
n
.
1
0
9
7
A
u
g
.
2
8
95%
95% 93
93
Do
p ref
295
J a n . 2 9 2 7 7e A p r . 1
23%
24%
23% 24
C o lu m b u s H o c k in g V a l. * T o !
900 16
55
J a n . 9 69% M a r. 2 7
02
65
*62 65
Do
p re f.
M a r. 9 1 3 4 78 S e p t. 4
1 3 2 % 1 3 3 % 1 3 3 % 1 3 3 % D e l a w a r e <5z H u d s o n . . . . _____
7 ,7 3 3 1 2 3
1
5
5
%
M ar. 8 163% S e p t 2 0
167% 168
168% 168% D e la w a re L a c k a w a n n a J c W e st
2 ,3 6 8
1 6 % 1 7 % * 1 7 % 1 7 % D e n v e r & R io G r a n d e ............................ 1 0 0 1 0 % J a n . 2 9 17 3 4 S e p t. 1 0
53%
54
54
54
Do
p re f
o ,0 5 0 3 2 % J a n . 2 9 5 5 % S e p t. 9
M ay 11
'3 5
39
*35
38 E v a n s v ille & T e rre H a u t e ....
......3 0 F e b . 2 0 5 1
124 128
*124 128
G r e a t N o r t h e r n , p r e f .................
500 100 J a n . 28 134 J u n e 20
S e p t. 4
4 106
1 0 2 % 1 0 2 % 1 0 2 % 103 I l l i n o i s C e n t r a l .....................
1 ,1 1 0 8 1 % J a n .
5% J a n . 2 8 11% J u n e 13
525
10
1 0 % * 1 0 % 1 0 % I o w a C e n t r a l ....................
S e p t. 3
*32
34
33% 34
Do
p re f.
4 00 1 9 J a n . 31 38
J u ly 23
25
25%
2 5 2 5 L a k e E r i e & W e s t e r n ...........
3 ,6 6 0 1 5 % F e b . 11 2 8
J u n e 26
J a n . 28 85
78
78
78% 78%
Do
p ref.
485 69
2 1 5 3 i« J u l y 2 3
150
150
1 4 9 % 1 4 9 % L a k e S h o r e <fe M ic h . S o u th e r u
1 ,0 1 0 1 3 4 % J a n .
'8 5
87
8 5 8 5 L o n g I s l a n d .......................................
2 0 0 83% A p r. 19 88% J a n . 5
S e p t. 4
5
M a r. 25 2 2
19% 19%
2 0 2 0 L o n g I s l a n d T r a o . , a l l in s . p d .
I,035
63% 64%
64
6 4 % L o u i s v i lle & N a s h v ill e
2 1 ,5 5 1 4 6 % M a r . 1 2 6 6 % S e p t. 4
6
M ar. 6 10% M ay 24
9
9
9
9% L o u i s v . N e w A lb . & C h io a g o .
1 ,5 7 5
28% 29
Do
p ref.
3 ,4 2 5 2 0 J a n . 4 2 9 78 s e p t . 4
28% 2 9
1 1 0 % 1 1 1 % M a n h a t t a n E l e v a t e d , c o n s o l..
110% 111
9 ,5 8 7 1 0 4 J a n . 2 1 1 9 7e M a y 7
J u n e 18
1 0 1 % 101% M ic h ig a n C e n t r a l .........................
100
101
2 ,2 7 9 9 1 % M a r . 4 1 0 3
24% 25%
2 5 % 2 5 % M in n e a p o lis & S t. L o u i s ..........
2 ,1 2 0 1 4 M a y 2 3 2 6 % S e p t. 5
J u n e 19
M a y 23 88
86
85% 8 7
87 %
Do
1 s t p r e f . 1 ,0 7 3 7 9
S e p t. 5
59% 60%
59%
59
Do
2 d p r e f . 1 ,2 7 0 3 9 % M a y 2 3 6 2
1
9
J
un e 26
1
2
%
J
a
n
.
3
0
18
17% 18%
18
M is s o u r i K a n s a s A T e x a s ___
3 ,3 4 0
S e p t. 9
37% 3 9
Do
p ref
2 1 ,5 8 3 2 1 % J a n . 2 9 4 1
36% 37%
4
2
%
S
e
p t. 9
1
8
%
M
a
r
.
11
3
7
%
36%
M is s o u r i P a c i f i c . . .
' 7 0 ,6 8 5
37% 39
M ay 31
13% M ar. 2 0 27
M o b ile <fc O h io ......................... " "
*23% 2 5
*23% 2 5
7
0
J
a
n
. 18
6
4
J
a
n
.
2
9
*
7
0
90
*70
9 0 N a s h v .O h a tta n o o g a & S t.L o u i s
103% 103% 103
103
N e w Y o r k C e n t r a l <fe H u d s o n
1 ,7 4 2 9 2 % M a r . 1 5 1 0 4 5 s A u g . 2 8
1
8
%
M
a
y
13
1
1
%
F
e
b
.
2
0
15
1 6 % ‘ ‘15
1 5 1 6 % N e w Y o r k C h io a g o & S t. L o u is
133
A ug. 26
65
A p r. 23 7 3
**7700 7 5
70
75
Do
1 s tp r e f
3
4
%
M
a
y
17
2
4
F
e
b
.
2
1
30
3 3 % **3300 3 3 %
Do
2dp ref.
7 % M a r . 9 1538 M a y 11
8%
9%
8%
9 % N e w Y o r k L a k e E r i e * W e s t’n 1 1 ,6 4 9
3
2
78
J
u
n
e
15
1
6
F
e
b
.
2
6
22
22
------------Do
p ref
2 ,1 7 0
J a n . 29 6 5 % A u g . 15
*51
57
56
5 6 N .Y .& N .E . , t r . r e o s . a l l i n s . p d
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R a n g e fo r y e a r 1896.

II L o w e s t is e x d iv id e n d .

THE CHRONICLE,

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a , n o n - f u n d ..................................
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Cily Bank Statement for th»* week eiuthag

14, 1i ^

o © |K e i» b & r

. , IM A

I kaottv* S t o

ii I n d i c a t e s u n l i s t e d .

170 J u l y A d a m s E x p r e s s ....................................... 100 ! 149% 150 140 J a n ,
12 M a y A m e r i c a n B a n k N o t e C o I T .................... 40 44 37 M a y
A m e r i c a n E x p r e s s ................................100 113%
ia 115
109 F e b .
105 J u l y A i n e r . T e l e g r a p h C a b l e ............. 100 I 13
36 89 M a r .
21% A u g . B a y S t a t e G a s c ........................... ......... 50 : 293
0%
13 M a r .
24 M a y B r u n s w i c k C o m p a n y ......................... 100
3
1% A p r .
60 A p r . C h i e . J u n o . B y . & S t o c k Y a r d s . l i . 2
F eb.
49% J u l y
P r e f e r r e d ................................................... 100
165 S e p t , C o l o r a d o C o a l <fc I r o n D e v e l . . . l 00 6 7
4
M ar,
11 J u n e
e l * I r o n ...................... 100 i 38% 39
23% - M a r .
55 J m e C oP l ro er af ed or r eF du .................................................
100
100
50
9 J u n e C o l u m b u s & H o c k i n g C o a l _____ 100 4 4% 2% JFoe nb ..
164, J u n e C o m m e r c i a l C a b l e .................................100 150
170 145
21 S e p t . C o n s o l . C o a l o f M a r y l a n d ............. 100 150
32 35 28 MA pa ry.
SO
S e p t.
D e t r o i t G a s ................................................. 5 0
28*9 M a y
2 M a y E d i s o n E l e c t r i c I l l u m i n a t i n g . . . 100
99% 94% M a r .
4% M a y E r i e T e l e g r a p h A T e l e p h o n e ..100 98
45% P e b .
J 8® S e p t . I l l i n o i s S t e e l ............... .............................l o o
74% 76% 70 J u l y
90 J u l y I n t e r i o r C o n d u i t * l a s .................... 100
% F eb.
24 M a y L a c l e d e G a s ................................................ l o o J * 28% 7 7 % 30
J u ly
10 A p r . P r e f e r r e d . . . ............................................100 87 88 23
81
M ar.
6 May | L ehigh * W tlkeeharre C oal f l .........
1< % J u l y M a r y l a n d C o a l , p r o f . ..................... ..100 50 65 50 JJ aa nn .,
1% A p r . M i c h i g a n - F e n i n s u l a r C a r C o . . . 100
P r e f e r r e d ...................................................i o o
52 ’ J a n ,
M i n n e s o t a I r O D ........................................i o o
69
% M ar.
103% J u n e N a t i o n a l U n b r e d O i l C o ..................100 67
25 28 39
17% J a n .
14% S e p t . N a t i o n a l S t a r c h A l f g . C o ................ 100 7
7
%
5
Jan .
4 M a y N e w C e n t r a l C o a l ...................................i o o
7
9
a
Jan,
9% 10% 8% M a r .
300
310 J a n .
.
—
P o s t a l T e l e g r a p h — G a b l e f ............ 100
S3
% : 60
A p r.
118 F e b . Q u i o k s t i r e r M i n i n g .................. ............ 100: 3 85
3-s 2 J a n .
7i» A u g . P r e f e r r e d ................................................... 100
19
12
% Jan.
10% M a y T e x a s P a o l f l c L a u d T r u s t ......100 9 10 7 M a r .
10% A u g . I I I . 8 C o r d a g e , g u a r . , t r . e e r t f s . l o O
,
3% J u l y
183 A p r U , 8. E x p r e s s .......... .................................. 100 i 31
46 a o 36 M a r
**>'* M a y C O . 8 . R u b b e r p r e f e r r e d ..................... 100
93
% 94% 91-M J u n e
10 S e p t . : W e l i * , F a r g o K i n r o s s .......................i o o f t 08
. 104
F eb.

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: : :; ; m il"
c i * , , b , 5 * .....................................
c t * * * c ,* M ............................................
..............
C u r r e n c y l a u d i n g * * ..................
' ...............
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-l» Q O
J u . H e n -fio ire n !
............
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. .

6

f t I n d ic a te s a c t u a l s a te s . J

>

i A c tu a l s a le s .

S T O C K

,.1906
1806
1920
899

1895.

H ig h e s t.

100 : t s %
100
h Feb.
100 : %%
100 2% 3% 1%% SMe aprr..
l i 'l n o i s C e n t r a l te a s e d t i n e s ____1
38 M a y
I n d i a n a I l l i n o i s * I o w a ...............l
20 21% 17% J u l y
K a a a w o a x M i c h i g a n .................... .. 1_ .
9
8% K e b .
0
%
K e o k u k S t l i e s K o i n e s ....................... 100
5
-t%
3 Jan.
P r e f e r r e d .................................................... 100
17
13% M a r .
4
%
1 A ug.
M a tto o ia g C o a l...............................
106 **—
——
P r e f e r r e d ....................
50
M e t r o p o l i t a n T r a c t i o n s ...................1 0 0 t i o T % -777 83% A p r .
M e x i c a n C e n t r a ! ............... ...................1 0 0 i 13%
8 M ar.
-- i.
. Y a t l e a a M e . e i f h ____ . . w o
2% 1% A p r .
M o m s Sc E s s e x ........................................ 50 ; i 66
156
Feb.
N ew Je rs e y A N . Y . .
....100
............
P r e f e r r e d ................ ................................... i o o
»
Y . B a c k . X W e s t e r n ......................IO O
115% i k O r
St > r f o l k * S o u t h e r n . . ......................... 100
68 75 65 A p r .
O h io S o u t h e r n ....................................t o o
8 1.5 4 J u n e
F - - r i a v E a s t e r n . . ............................... tO O
2 Jan .
6% 10
R e o s e e l a e r * S a r a t o g a .................. . t o o
1?0 .......... 178 J u l y
B i o G r - a w l e W e s t e r n p r o f ..............J O O ;
41 43% 30 M a r
9
d i e d ® 8| . L . S t K a n s a s C i t y ? . . i 0 0
8 J ump
P r e f e r r e d ....................................................
G r . B a y W i n . i S t P . t r . r e o ____
P r e f e r r e d , t r u s t r e c t a .....................
H o u s t o n * r e x a a C e n t r a . ............

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. p r e f .........
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rHE CHRONICLE,

504

|Voi. LXT,

BOSTON, PHILADELPHIA AND BALTIMORE STOCK EXCHANGES.
p p * S h a re P ric e s — n o t P e r C e n tu m

A ctive S to c k s.
H I n d i c a t e s u n li s t e d .

S a tu rd a y ,
S e p t. 14.
tl8 %

A tla n tic A P ao .
**
B a l tim o r e A O h io ( B a / /.) .1 0 0
B a l t. C ity P a s s ’g e r “
25
B a ltim o re T ra c tio n “
25
B a l tim o r e T r a o ’nH (P h il.). 25
B o s to n A A lb a n y (Boston). 1 0 0
B o s to n A L o w e ll
44
100
B o s to n A M a in e
44
100
C e n t r a l o f M a s s.
“
100
P re fe rre d
“
100
O h io . B u r . A Q u in .
44
100
O h io . M il. A 8 t. P . (PA iZ .).lO O
C h o O .A G .v o t.t.c . “
50
C i t . 8 t . R y o f IndIT
100
E l e c t r i c T r a c t l’n
44
50
F i t c h b u r g p r e f . . (B o s to n ). 1 0 0
L e h ig h V a l l e y .. ( P h ila ,). 5 0
M a in e C e n t r a l ( Boston). 10 0
- M e tr o p o l’n T r a o .l f ( P h i l ) . 100
M e x ic a n C e n t’l ( Boston) .1 0 0
N .Y .A N .E .,tr .r e c .§ 44
100
P r e f e r i e d ,t r .r e c .§ 44
100
N o r t h e r n C e n t r a l (B a lt .). 5 0
N o r th e r n P a c i f ic (P h ila .) 1 0 0
P referred
44
100
O ld C o lo n y ____ (B oston ) 1 0 0
P e n n s y lv a n ia ...(P h ila ,). 50
P e o p le ’s T r a c t io n
44
50
P h ila . A R e a d in g .
44
50
P h ila d e lp h T r a c .
44
50
U n io n P a c i f io ...(B o s to n ).100
I tttM c e lla iie o u * S t o c k s .
A m .S u g ’r R eflD . ( Boston) —
P r e f e r r e d ........ .
44
B e l l T e l e p h o n e ..
44
100
B o s t. A M o n ta n a .
44
25
B u t t e A B o s to n ..
44
25
“C a l u m e t A H e e l a
44
25
C a n t o n C o ............ (B a lt.)A O O
C o n s o lid a te d G a s
44
100
E l e c . 8 to r , B a t ’y H (Ph ila . ) . 100
P referred U
44
100
E r i e T e l e p h o n e .(B oston ). 1 0 0
G e n e ra l E le c tric .
44
100
44
100
P r e f e r r e d ..........
L a m s o n 8 to r e S e r .
44
50
L e h i’h C o a lA N a v . (P h ila .) 50
N . E .T e le p h o n e (B o s to n ). 1 0 0
U n i t ’d G a s Im p . If (P h ila .). 50
W e ls h a c h L i g h t 1i
44
5
W e s t E n d L a n d . . ( B o s to n )....
$ A ll i n s t a l m e n t s p a id .

19%

M onday,
S e p t. 16.
tl8 %
65

*64
1 8 4 18%
185s 18%
*210 2 1 1
178
*134
*5 7 %
3 3 7s
72%
15%
524
-7 2
95
40

178
14
59

85
74 4
15%
624
73
95

40%

1 0 0 4 1C0%
124 124

19%
65

18% 18%
18=8 18%
210
210
*......... 1 7 7
1 3 % 13%
* 5 7 4 ..........
8 3 % 85
7 2 % 74%
15
154
5 0 4 51
724 724
95
95
39% 4 0 4
9 9 % 10 0

12

124

T u esd ay ,
S e p t. 1 7 .
t l 9 % 20%
..........
*1
*65
66

102

5
18%
178
554
644
9 318
.83
*144

54
18%
178%
554
€5
9 » ,.
83%
15

* ........1 0 4
*69
..........
538
54
19
19*
178
178
55% 55%
64% 65%
9 4 913!,.
8 3 % 83%
*15*4 1 5 4

1034
100
199
85
15^8
316

105%
100
199
88
194
316

105%
100
199
81*4
17
315

107%
100
200
864
18%
316

63
63
3 9 4 43
4 2 78 4 4
6 1 3i 6 3 4
3 6 4 364
69
69
*22
224
2 2 4 *21
49
49
89
89
*-9
89
80
81
79
80%
76% 78%
x 7 9 4 HO
2%
‘ 2%
28
2%
* B id a n r a s k e d p r ic e s

*02%
434
454
62
38

63
46
47%
65
38

*22
*484
89
804
794
*2*4
a n s a l*

224
49
89
82
81
24
^ *•

5%

5%

*18%
178
55*2
6 53s
9"16
83%
144

19%
55%
65%
9»„
83%
144

1033s 104%
99*2 9 9 %
198
198
87
88%
19
20
316
316
68
63
63
44*2 44* q
454 454
*61
614
36% 3 7 %

In a ctiv e S to c k s.
Prices of September 2 0 .
A t l a n t a & C h a r l o t t e (B a lt.). 1 0 0
B o s to n A P r o v id e n c e (B o s to n ).1 0 0
C a m d e n A A t l a n t i c p f . (P h ila .). 50
C a t a w i s s a .........................
44
50
44
50
1 s t p r e f e r r e d ............
C e n t r a l O h io .................. (B a lt.). 5 0
C h ic a g o A W e s tM ic li.( B o s to n ) . 1 0 0
C o n n e c tic u t A P a s s . .
44
100
C o n n e c tic u t R i v e r .
44
100
C o n s o l. T r a c t .o f N .J.H (P h ila .). 100,
D e la w a re A B o u n d B r.
44
100
F l i n t A P e r e M a r q ...( B o s t o n ) . 1 0 0
P r e f e r r e d . . .....................
44 1 0 0
H e s t o n v i l l e P a s s e n g . ( P h ila ,). 5 0
P r e f e r r e d 1f.....................
44
50
H u n t . A B r o a d T o p ...
44
50
P r e f e r r e d .........................
44
50
K a n . C ’y F t .S . A M e m . (Bostoyi). 1 0 0
P r e f e r r e d .........................
44 1 0 0
L i ttl e S c h u y lk i ll...........(P h ila .). 5 0
M in e H ill A S .H a v e n
44
50
N e s a u e h o n in g V a i. . .
44
50
N o r th A m e r i c a n C o ..
44
100
N o r th P e n n s y l v a n i a .
44
50
O re g o n S h o r t L i n e . . .(B o s to n ). 1 0 0
P e n n s y l v a n i a A N . W . (P h ila .). 5 0
P h ila d e L A E r i e ..........
44
50
R u t l a n d ........................... (B o s to n ). 1 0 0
P r e f e r r e d .........................
“
100
S o u t h e r n ........................... (B a lt.) .1 0 0
P r e f e r r e d .........................
44 1 0 0
W e s t E n d ......................... (B o s to n ). 5 0
P r e f e r r e d ........................
44
50
U n ite d C o s. o f N . J . . (P h ila ,). 1 0 0
W e s t J e r s e y .......................
44
50
W est J e r s e y A A tla n .
44
50
W e s te r n N .Y . A P e n n
44
100
W is c o n s in C e n t r a l . . . f B o s t o n ; . 1 0 0
P r e f e r r e d ........................
44 1 0 0
W o rc ’s t.N a s h .A R o c li.
44
100

B id .

A sk .

t l 9 7s

64 4
734
19%
18% 19
194
1 8 % 19
210
210
210
*206
.......... *206
175
*176
177
1 3 4 134
5 7 % 58% * 5 7 4
84%
84% 85%
7438
73% 74%
1558
15% 15%
52*4
51% 5 2 4
72^
72 8 , 72%
95
95
95
40%
4 0 4 4 0 7e
_____ _____ _ . . . . . .
1 0 0 % 1 0 0 % ’' 1 0 0 4
124
12*4 1 2 4

102

102

W e d n esd a y
S e p t. 18.

1024
*69
5%
*19*4
1774
5 5 7s
65%
913 6
84
15*4

P ric e s .

T h u rsd a y ,
S e p t. 19.

2J%

,2 2 %
M
6 4 4 1 63%
73 4
74
19% 1 *19%
1 9 4 ! 19*4
211
2 11
*206
176
176
1 3 4 *13*4
59
*57
85 4
81%
75 4
74%
loSp
15%
53
524
73
72%
95
95
41
40%
____ 1 3 6
101
*100%
12%
124
1 0 2 3#. 1 0 2 4
5%
5%
19% * 1 9
178
178
56%
56
664
60%
10
10*e
34
83%
15 4 * 1 5

F rid a y ,
S e p t. £ 0

22$,

B id .

R a n g e o f s a le s i n 1 8 9 5 .
L o w e s t.

!2 3
2 3 % 3 9 ,9 4 5
3*8 J a n .
14
Jan.
100 5 0
*14
2 8 4 9 78 M a r.
63% *63
65
74
74
5 5 6 9 4 M a r.
74
1 ,0 4 4 1 4 4 J a n .
19% * 1 9 % 1 9 4
1938 *19
194
3 ,5 4
1 4 *4 J a n .
211
211
211
3 5 2 0 6 4 M ar.
.......... 2 0 6
206
1 8 196*4 J a n .
*176
176
Jan.
29 160
178
14
to
.......... *13
5
A p r.
Feb.
59
*47
50
17 4 8
85%
8 5 % 8 6 % q0 ,l\
69*8 M a r
7 6 4 77
75%
M ar
3 i 8 )0 5 4
3 ,5 6 1 1 1 4 M ay
154 154
15%
2 ,e l
53
3 4 4 Feb.
5 3 % 53
A p r.
258 70
7 2 % *72*4 7 3
114 8 2 * J a n .
95
95
95
41
6
,5
3
4
11
2 7 4 M a r.
414
25 1 2 5 4 J a n .
136
*135% 137
985 8 1
........ 1 0 1 4 1 0 1 4
A p r.
12%
5% J a n .
2 ,1 8 0
12*4 12*4
*55
29
Jan.
58
104
257 5 9 4 F eb.
1 0 2 4 104
70
*69
64
Jan .
5%
5%
3 ,5 1 8
5%
2 4 Jan .
19
19%
6 50 13
19
Feb.
62 1 7 6 4 J u n e
178
*177
178%
2 ,2 6 9 4 S 34 J a n
56%
56*4 56*4
65%
6 ,4 1 8 4 3 4 J a n .
65*4 65%
1 0 7 ,.
10*4 1 0 4 4 0 ,1 1 6 3»310 M a r.
3 ,1 9 7 7 6
84
*83
83 4
A p r.
160
1 5 4 *15
8
M a r.
154

108%
106% 107% 107% 108% 105
9 9 % 9 9 % 100*4 100*4 1 0 0
U 04
200
200
199
200
*200
7 6 4 81
81*4 8 4
7 8 % 81%
16
1 8 4 19
17
18
17%
316
315
315
316
315
315
69
*67
63
63
63
63
62% 63
46
47
46
47
454 464
47
47
473i
47
47
47
64
64% 65
64
64
*63
3 7 % 37%
37% 37%
39*4 40*4
69
71
*69
71
70
22
*22
22
22*<
22
224
49
* 4 8 4 49
4 8 4 4 8 4 *48
*88
90
89
89
90
*88
82
82
82
82
82*4
82^8
81
81
81
82
81
81%
2%
2%
2*4
2*4
*2%
2%
r-ad e.
3 d i n s t a l m e n t p a ’d .

In a c tiv e s to c k s .

S a le s
of th e
W eek,
S h a re s.

A sk .

H ig h e s t.
1 2 3 4 S e p t. 2 0
2
M ay 1"?
6 6 4 Sept 8
74
iu iie l2
9 l 3S J u n e 17
21 *4 J u n e 1 7
213
J u ly 0
206
S e p t. 7
2 180
-e p t. 9
'6
M a y 13
6 0 4 M a v 14
9 2 4 •ug. 28
7 - 4 S e p t. 3
17 ^ S e p t. 4
5 7 78 A u g . 2 2
87
Jan. 3
93
A ug. 23
43
S e p t. 3
140
J u ly 8
1064 Jan. 3
14
S e p t. 4
6 5 4 A u g . 15
104
S e p t. 2 0
70*4 J u n e 7
7 78 M a y 1 3
25% M ay 14
1 8 2 4 J u n e 19
5 7 4 S e p t. 4
68*4 A u g . 2&
1 1 3 ! - S e p t. 5
99*4 J a n .
2
1 7 4 M ay 10

2 6 ,6 9 9 8 6 ^8 J a n .
7
740 90
Jan .
8
1 5 9 1 7 5 4 A p r. 17
6 4 ,4 0 Ij 3 3 4 J a n .
2
1 4 ,5 7 2 |
9
M a r. 1 2
129 2 8 0
M a r . 12
67
J u ly 27
2 52 60
M ay 17
7 ,5 6 5 2 6
J u n e 13
A p r. 5
3,5571 2 8
2 ,1 3 4 ' 4 5 4 F e b . 1 3
3 ,7 9 6 2 5 78 M a r. 4
175| 60
F eb. 5
1 8 6 : 2 1 4 S e p t. 3
4 6 4 0 4 M a r. 8
22 66
F e b . 15
4 ,9 22 6 7
A p r. 2
3 ,3 1 1 3 6
M a r. 28
1 ,0 0 0
2
Ja n . 30
1 A ll a s s e s s m
B onds.

12 0 4 Ju n e
107
A ug.
210 M ay
9 9 4 J u ly
2 8 4 J u ly
330 J u ly
914 Jan.
65*4 J a n .
48
A ug.
4 7 % S e p t.
65
S e p t.
41
S e p t.
72
J u ly
25% A p r.
4 9 4 S e p t.
91
J u ly
83
S e p t.
84
S e p t.
3 3 t8 M a y
e n t s p a id .

13>
1
20
30
31
29
16
2
31
17
17
0
8
36
5
15
3
O
4 :

B id . |A s k

B o s to n U n i t e d G a s , 2 d m . 5 s . . 1 9 3 9 § 5 2 4
P e o p l e ’s T r a c . t r u s t c e r t s . 4 s . . 1 9 1 3
93%
9 5 |1C 0
B u r l. A M o. R i v e r E x e ja p t 6 s , J A J 111 5
P e r k i o m e n , 1 s t s e r . , 5 8 .1 9 1 3 , Q—J 1 0 2 4 ........ ..
263
265
N o n - e x e m p t 6 s ............ 1 9 1 8 , J A J f 1 0 6
P h ila .& E r i e g e n . M . 5 g .,1 9 2 0 , A & O 1 1 8
38 |
G e n . m o r t . , 4 g .............1 9 2 0 , A & O 1 0 4
P l a i n 4 s ............................... 1 9 1 0 , J A J 5 9 7
2V
3
O h io . B u r l. A N o r . 1 s t 5 , 1 9 2 6 , A A O 5H -538
P h i l a & B e a d , n e w 4 g ., 1 9 5 8 , J & J
7 7 4 78
50
2 d m o r t . 6 e ..................... 1 9 1 8 , J A D
39
1 s t p r e f . in o o m e , 5 g , 1 9 5 8 , F e b 1
39%
50
52
24
21*4
D e b e n t u r e 6 s ................. 1 8 9 6 , J A D
2 d p re f. In o o m e, 5 g , 1 9 5 8 , F eb . 1
21
23
O hio. B u r l. A Q u in c y 4 s . . l 9 2 2 , F A A
17
3 d p r e f . In o o m e , 5 g , 1 9 5 8 ,F e b . 1
17%
1 4 3 4 145
I o w a D iv is io n 4 e .........1 9 1 9 , A A O
2 d , 5 s .................................. 1 9 3 3 , A & O
245
250
C h io .A W .M ic h . g e n . 5 s , 1 9 2 1 , J A D
C o n s o l, m o r t , 7 b ___ . . 1 9 1 1 , J & D 1 2 7 4
25
2 5 4 C o n s o l, o f V e r m o n t , 5 8 .1 9 1 3 , J A J
C o n s o l, m o r t . 6 g ...........1 9 1 1 , J & D 1 1 6
...........
56
5 8 4 C u r r e n t R i v e r , 1 s t , o s . .1 9 2 7 , A A O
I m p r o v e m e n tM . 6 g ., 1 8 9 7 , A & O 1 0 4 4
15
17
D e t. L a n s . A N o r ’n M . 7 s . 1 9 0 7 , J A J
C o n . M .,5 g . , s t a m p e d , 1 9 2 2 , M & N 1 0 1 4 1 0 2
45
48
E a s te r n 1 s t m o r t 6 g .l9 0 6 ,M A S ..
T e r m i n a l 5 s , g .......... 1 9 4 1 , G .— F . 104*4
......
P h i l . W ilm . & B a l t . , 4 s . 1 9 1 7 , A & O 1 0 2
I r e e .E lk . A M .V .,1 s t, 6 8 .1 9 3 3 , e n d .
..........
" 6 6 % K .C . C .A S p r in g .,1 s t , 5 g . , 1 9 2 5 ,A A O
P i t t s . C. & S t. L ., 7 B - .. . 1 9 0 0 , F & A 113*4
3 1 4 K C. F . 8 . A M . e o n . 6 s , 1 9 2 8 , M AN
B o c h e s te r E a ilw a y , c o n . o s ..1 9 3 0 106
..........
53*4 5 4
K .C . M e m . A B i r . , 1 s t,2 8 ,1 9 2 7 , M AS
S c h n y l . B . E . 8 i d e , l s t 5 g .1 9 3 5 , J & D
110%
22
24
K.
C. S t. J o . A C. B . , 7 S ..1 9 0 7 , J A J
U n io n T e r m i n a l 1 s t 5 s .............F & A
60
70
L . R o c k A F t . 8 ., 1 s t , 7 s . . 1 9 0 5 , J A J
B o n d s ,—B a ltim o r e .
64*4
L o u i s ., E v .A S t.L ., 1 s t, 6 g . 1 9 2 6 , A A O
A tl a n t a . & C h a r l . , l s t v s , 1 9 0 7 , J & J 1 2 3
124
70
71
B a l t i m o r e B e l t, 1 s t , 5 s . 1 9 9 0 , M & N 1 0 8
2 m ., 5 —6 g ..................... 1 9 3 6 , A A O
55
B a lt. C. P a s s . 1 s t 5 s . . . . 1 9 1 1 , M & N 1 1 7
M a r . H . A O u t ., 6 s .........1 9 2 5 , A A O
118
B a lt. T r a o tio n , 1 s t 5 s . . 1 9 2 9 , M & N 1 1 0
M e x ic a n C e n t r a l , 4 g . . . 1 9 1 1 , J A J
110%
H "
85
1 s t c o n s o l.i n c o m e s , 3 g , n o n -c o m .
E x t e n . & i m p t . 6 s ___ 1 9 0 1 , M & S 1 0 4 4 1 0 4 % ,
11
103* 1 1 4
n%
2 d c o n s o l, in c o m e s . 3 s , n o n -c u m
N o . B a l t . D tv ., 5 s .........1 9 4 2 , J & D 1 0 9 4 1 1 0
_____
38
N . Y . A N .E n g ,, 1 s t , 7 s , 1 9 0 5 , J A J J * 1 2 0
1 2 0 4 B a l tim o r e & O h io 4 g ., 1 9 3 5 , A & O 1 0 5
28
1 s t m o r t . 6 s ................... 1 9 0 5 , J A J * 1 1 2 4 1 1 4
P i t t s . & C o n n ., 5 g . . . . l 9 2 5 , F & A
3
2%
2 d m o r t . 6 s ................................ 1 9 0 2 , F *A1A1 2 % 1 1 3
S t a t e n I s l a n d , 2 d , 5 g . 1 9 2 6 , J & J ...........
70
71
110
112
O g d e n . A L .C .,C o n .6 s . . . 1 9 2 0 , A&O 5 i 0 9
B a l.& O h io S .W . , l s t , 4 % g . l 9 9 0 , J & J i n
13*4 133*
I n c . 6 s .............................................. 1 9 2 0
20
75
C a p e F .& Y a d .,8 e r .A .,6 g .l 9 1 6 , J & D
80
39*4 3 9 % R u t l a n d , 1 s t , 6 s ............ .1 9 0 2 , M AN n i o
111
60
S e r ie s B ., 6 g . . . ......... . . 1 9 1 6 , J & D
624>
74
102
744
2 d , 5 s .................................1 8 9 8 , F A A 5 1 0 1
60
S e r ie s C ., 6 g .............. . . 1 9 1 6 , J & D
65
94*a 9 5
C e n t. O h io , 4 % g ................1 9 3 0 , M & f
237%
A U e g S e n y J V a lf / 7 3 - 1 ^ s ! l 8 J t , J A J
C e n t. P a s s . , 1 s t 5 s .........1 9 3 2 , M & N 1 1 0
55
58
102
A t l a n t i o C ity 1 s t 5 s , g ., 1 9 1 9 , M&N
C it y & S u b ., 1 s t 5 s ...........1 9 2 2 , J & D 110*4 1 1 0 % .
27
B e l v i d e r e D e l ., 1 s t , 6 s . . 1 9 0 2 , J & D
C h a r i . C o l .& A u g .e x t .5 s .1 9 1 0 , J & J 1073* 1 0 8 * 3 .
‘1%
B u ffa lo B y . c o n . 1 s t, 5 s ............ 1 9 3 1 1 0 5
C ol. & G r e e n v ., 1 s t 5 - 6 8 .1 9 1 7 , J & J 1 1 3 % 1 1 4
7
64
C a t a w i s s a , M ., 7 s _____ 1 9 0 0 , F & A 1 1 0 %
G a . C a r. & N o r. 1 s t 5 g .. l 9 2 9 , J& J
89
88
25
109
C lio c. O k la . & G u lf, p , i o r l i e n 6 s . . 1 0 3
G e o r g ia P a c . , 1 s t 5 - 6 S ...1 9 2 2 , J & J 1 1 4
115
ii5
120
1C it iz e n s ’ 8 t.B y .o f ln d . , o o n . 5 s . l 9 3 3
9 4 ia
N o r th . C e n t . 6 s ................... 1 9 0 0 , J & . 1 1 2
M ISCELLANEOUS.
C o lu m b . S t. B y ,, 1 s t, c o n . 5 s . . 1 9 3 2 1 0 2
111
6 s ............................................1 9 0 4 , J & J
A llo u e z M iu ’g . a s e t p d f B o s t o n ; . 2 5
1
1 % C o lu m b . O . C r o s s to w n , 1 s t,5 8 .1 9 3 3
102
S e r ie s A , 5 s ......................1 9 2 6 , J & J
116
A t l a n t i o M in in g ...........
22
25
2 2 % C o n s o l. T r a o t. o f N . J . , I s t , 5 s . l 9 3 3
83%
4 % s ......................................1 9 2 5 , A&C 1 0 7
B a y 8 t a t e G a s f ...........
10
50
10*4 D e l. & B ’d B r ’k , 1 s t , 7 s . 1 9 0 5 , F & A 1 2 5
129
P ie d m .& C u m .,ls t, 5 g . l 9 1 1 , F&A 1 05
105% *
B o s to n L a n d ................
4
10
4 4 E a s t o n & A m . l s t M .,5 s . l 9 2 0 , M & N 1 0 9 ia 1 1 0 % P i t t a . & C o n n e l l s . l s t 7 s . 1 8 9 8 , J & J 1 0 8
108%
C e n t e n n ia l M i n i n g ...
10
1% [E lm ir. & W ilm ., 1 s t , 6 s . 1 9 1 0 , J & J . 1 1 8
14
S o u th e r n , 1 s t 5 s ..................1 9 9 4 , J & J
96% 96%
F o r t W a y n e E le c t.T I..
134 ;H e s to n v i lle M . & F . , o o n . 5 s .. 1 9 2 4
25
1
1 1 1 % V ir g in i a M id ., 1 s t 6 s . . . 1 9 0 6 , M & i 1 1 5
F r a n k l i n M in in g ........
25
19
18
2 d S e r ie s , 6 s ......................1 9 1 1 M&S 1 1 8
119
jH u n t. & B r ’d T o p , C o n . 5 s . ’9 5 ,A & 0 1 0 6 ia
F r e n c h m ’n ’s B a y L ’d .
5
1
1 4 L e h ig h N a v . m s ............ 1 9 1 4 , Q—J 1 1 2 %
3 d S e r ie s , 6 s ................... 1 9 1 6 , M&S 1 1 3 % 1 1 4
I ll in o is S te e l..................
100
75
73
2 d 6 s , g o ld ..................................1 8 9 7 , J&1D0 6 %
4 t h S e r ie s , 3 - 4 - 5 s .........1 9 2 1 , M&S
85
K e a r s a r g e M in in g ___
25
19% 1 9 4
G e n e r a l m o r t . 4 % s , g . 1 9 2 4 , 5 —P 1 0 5
5 t h S e r ie s , 5 s ................. 1 9 2 6 , M&S 1 0 3
O s c e o la M i n i n g . . . . . . .
25
32
3 2 4 L e h ig h V a l.C o a l 1 s t 5 s ,g . 1 9 3 3 , J & J 1 0 0
102
W e s t V a C .& P . 1 s t, 6 g . 1 9 1 1 , J& J 109% 1 10% .
P u lln a n P a la c e C a r.
100 173
174
L e h ig h V a ll e y , 1 s t 6 s . . . 1 8 9 8 , J & D 1 0 7 %
W e r t ’L N .C . C o n s o l. 6 g . 1 9 1 4 , J & J 1 1 5
117
P e n n s y l v a n i a S t e e l . . ( P A ifa J .lO O
3 7 4 40
136
2 d 7 s .............................................. 1 9 1 0 , M &
1 3f 4
W ilm . C o l. & A u g ., 6 s . . 1 9 1 0 , J & r 1 1 5
P r e f e r r e d IT.....................
44 1 0 0
80
73
C o n s o l. 6 ......................................1 9 2 3 , J &1D2 5
MISCELLANEOUS.
Q u in c y M in in g ............(B o s to n ). 2 5 1 3 9
140
N e w a rk P a s se n g e r, oon. 5 s ...1930 106
B a ltim o re W a te r 5 s . . . 1 9 1 6 , M &N 1 2 3
124
T a m a r a c k M in in g ___
44
25 148
149
N o r th P e n n . 1 s t , 7 s ____1 8 9 6 , M & h 1 0 3 %
F u n d i n g 5 s . . . . . . ____ 1 9 1 6 , M & N
W a te r P o w e r .....................
44 1 0 0
1
14
124%
G e n . M . 7 s ........ ................ 1 9 0 3 , J & J
E x o h a n g e 3 % s ............... 1 9 3 0 , J & J 1 0 5 % :1 0 5 %
W e s tin g h . E l e c . A M ..
44
50
3 5 4 3 6 4 P e n n s y l v a n i a g e n . 6 s . r . . 1 9 1 0 , V ai 1 3 4
75
V i r g i n i a ( S ta t e ) 3 s , n e w . 1 9 3 2 , J & J
76
P re L , c u m u la tiv e .
44
50
55
554
C o n s o l. 6 s , c
...............1 9 0 5 , V ar 1 2 0
F u n d e d d e b t , 2 - 3 s ......... 1 9 9 1 , J & J
63% 63%
B o n d s —B o s to n .
C o n s o l. 5 s , r ............................... 1 9 1 9 , V a1i1 7
C h esap e ak e G as, 6 s . ....1 9 0 0 , J& D 108
A t.T o p .A 8 .F .1 0 O - y r .4 g .,1 9 8 9 , J & J
82
82%
O o lla t. T r . 4 % g ..............1 9 1 3 , J & p 1 0 6
C o n s o l. G a s , 6 s ___ ______1 9 1 0 , J & D 1 1 7 % 1 1 7 % .
2 d 2 4 - 4 s , g ., C la s s A . . 1 9 8 9 , A & O
34% 3 5
124%
P a . & N . Y . C a n a l , 7 s . . . 1 9 0 6 ,J & E
5 s .......................
1939, J & J 108% 109
B o s to
a s l s^t S s . .
‘ n ~U nLi tiet ed" G
--------7 8 I 80 I C o n . 58.............................. 1 9 3 9 . A&O 1 0 8 %
E o u lta h le G a s .S s
101 7 . *
* B r ic e i n c lu d e s o v e r d u e c o u p o n s .
U U n lis te d .
5 A n d a c c ru e d in te r e s t.

THE CHRONICLE,

S epi’EMBEK 31, 1893.]
SEW

f O K K S T O C K E X C H A N G E P R I C E S ( C o n t i n u e d )—AOIIVE

fUiLSOAO

and

M mcbl . B onds . ■IMGr’l
Period

t,ala> ln 181S
Lmc.sL tLignan.

Prtce
Hept. 20

50

BONDS SEPTEMBER

Ra il so a o

and

Miscel. B onds .

20

AND FOR 1EAR

1895,

pSZa dange (tales) in 1S95.
Tnter’l IUPrice
Period Hept. 20, Lowest. Highest.

A.suer. C o tta s O il,d e b * 8 * 4 9 0 0 Q ~ F i U 2 b. n o s . Feb. 1 1 1 A u g . Mo. PaA —lst,o o n ., 6 g ---- 1920 M A S 100
A iI 'a p .* S .P .—10 O -y r.,ig .l> 89;J
* J , t s i ' s 62 Mar. *8 i% Sept. I 3d, 7 s ................................. 1906 m A X 112 b. 83 Mar, 102 Sept,
b. 103 M ar. 113 Aug.
3-4s, Cl. “ A" 1st iu»tal,pd.-89;A
4t U
t
«Jl**16% Mar.
S ept. : Pan. of Ml).—1st, sir , 4 g.1938 F A A 101 b. 100% Mar. i106 J u n e
S ew gen. I s . w hen issu ed — ....
82'-%
79-, Ju iy 137%
2d ©set. 5 s ....................... 1938 J £ J 107 b. 103 Mar. 108 J u n e
8 i v sep t
53% J u ly 59% S e p t! I St-L.A lr. M c .lste x c .,5 s .l8 9 7 F A A 102 , , 100 Mar. 103% Ja n .
Ad)ustuMase 4s. w h en Issued............... 57%
GBi.M idland—0 »h a , 1 « . 1010 F
A A
t
29%It17
2d, 7 g ............................ 1897 m A N30' HMar.
Sept, jj
d tS L * P a e - G n » r .,* K ...1 9 3 7 ........... 19 b. * 4% j an. 5 1 * a Ja u e ij
Cairo A rt. * T ex as,7 g. IS97 J A B : vn i -?■ l 2 2 Ma-V 104% Sept,
B rooklyn E l* ? .—1st, e g . . 1924 A A Oi 10, b, 86 Jla r. 108 May
?
2 M
(ien.U 'y.v land g r .,5 g .l9 3 l £ £ <
9 xs8bt >-s b ' 274%
A pr. 1 08381%
• ay
Sept.
Union E le v a 'e '. —b g . . . . 1937 M A S lo ti's
84% Mar. ; 107% Sept, i M o b ile * O h io —N ew ,6 g .. 1927 J A D 119 »• 115 M ar, 121
Aug.
S 'k ly n Warf.v w. li —ls t,r .a ,4 15 F A A lu 3
102
>3 Aug. j 108% J u n e
02%
G eneral m irtg a g e , 4s ...1 9 3 8 : M A S
65
,
I
62
Mar.
69 % J u ae
C an ad a 8o ath :rn. - 1at os 1908% * J H i
109
09 Ja u . il2-% Ju n e -Nash, Oil. A St- L.—Ist.T s. 1013|J A j 130 b. 130 Mar. 132%
Ju n e
21.54. . . ............................ 1913 M A S 10-1% 1021a
Consol., 5 g .............. ...1 9 2 6 A £ <j 105 b- 93% A pr. 105 % Sept.
M;it. 10- A Ju ly
O M t.0 a .- a .* sv. U*.aon.6*4920 .......... ‘ 62
50 Ja n . *64% A ug. S a t 'l S t a r ,* Mfg.—1st, 6a. 1920 M £ h . .99
. . b. 90 Ja n . 100 Sept.
C e n tra l of X, J . - C »ua., 7s. 1899 % - J 112% I l l ' s Feb. 113 J u n e N.Y. C e n tral—D ebt e x t 4 s .1905 M A N
Mar. 104% Apr.
C o n s o l.,7 » ....... ............ ..1 9 0 2 M A S 117 b. t i l
Mar. 121 J a a .
ls t.o o u p o a .7 8 ...........— 1903 J A J 103 %b. 102
2 0 % Ja n . 120 J u n e
G en eral m o rtg ag e, 5 g . . 4 9 8 7 J A J 118% 1t i l J___
a a . 119% Aug.
D eben.. os. eaup., 18 6 4 .. 1904 M A 9 t1o0 -, %b. 4105
% Apr. 110% Aug
Leh.AW .B.,e©a..7<s,»Vd49ao Q -M 106% u 01% Mar. 110 Aug.
N. V. A H arlem . 7s, reg .1 9 0 0 M A X h ^ h
--------- 119% Apr.
“
m ortgage ia . 1912 >1A S
92 %0. 65 Mar.
92 J a £
SfW . A O gd.,oonsol.,5*. 1922'A A O U 9 % b' u | % ^pt.
Atn. Dock * Itnp-.S s ...1 0 2 1 1 A J 115 0. 111% Apr. U 5 Sept.
West Shore, guar., 4 s . . ..2361 J J j 106%
l o l S F«h 107% Ju n e
C e n tra l Pac t!f.—Gold. le.lS sH J A J 10 3 b. 101% Feb. 107 A
• ug., 51 Y. Ohio. A St. L.—l g ... 1937 AA O 107
: }oi% F*h 107 Sept.
Cites. * O h i o . - 8er A, 6 * 4 9 0 9 4 A O 120%b. 117 Apr. 121 Feb!
!
7 .Y . Lack. A W ._ ls t, 68.1921 J A J 131 b. 131®
136 J u n e
M ortgage, 6 g ...................1911 A A O 121 b. 116% Apr. 121 J u ly
C onstruction, 5 s
1923 F A A H 6% b. l i s t . S u l ' 117
J une
l s t o o n s Q l .,5 g .................1939 M A S 112
103% M ir. 1 1 2 4 1 4 'f.Y .L E * W .- U t,o o a .,7 g .l9 2 0 M A S 137 b! 125% Jto r
135% Aug,
•G ea« rali% a,g ............ ...1 9 *2 M A 3
81%
69% Mar. S 3 % ju u e , 2d oousoL, 6 g .................. 1969 J A D 77% 1 5 5 4 Feb
79% Sept.
B .A A .D ir., fs te o n - .lg . 1989 J A J 95%
9 i Feb. 99 Ju ly
Long Docic.c m ioL , 6s.g. 193) 4 A O 133 'l>. lOfl |S h 132
Sept
"
2d c o n .,Ig . 1969 i A J 83 D. 35 Apr. 90 J u n e
S. f l .A H .- O o n , d e b ,? t f . A A O; '137 b .--iltf
le p L 117% J u n e
-- —
E llt.L e i.A B tg 3 a a .- 5 g .1 9 0 3 M A s 'tO t b. 95 Mar. 103 Aug. *• XY. Out. * W.—Ret ,4s,g. 1932 M A S
93%
83 Ja n . 9J% Aug.
Q iic .B u rl. A %,—C o n .,7 a .1903 J A J 12<>-•» 113 Mar. 123% Ju n e .C uasol., 1st, 5s. g ...........1939 J A D
D eb en tu re, 5a . ................. 1913* M A X: 103
j 93% Mar. 101 Aug. • v. \ .3 a s .* M . —l* tre t.,5 s g . 1937 J A J I l l %U. 109% Ju n e 113 M ay
}°2 , 95 J u n e 108 JatL
C o n v e r tib le s * ....... ........ 180313* * 8* I 0i% x. 96% Mar. 109 Aug.
Midland of N. J ., 68, g . 1910 A A O
B e a v e r D ivision la .....1 9 2 2 F a At' 95 0,; 93% Feb. 97 jn iv u'orf.*vY.—100-year, 58.g.X93} ,) A J l i f b. 114% J u n e j 119 Ja n .
03 b. 48% Feb. 70 Apr.
N eb rask a E x ten sto o . 4s, 1927' M A S 93 b.! 38% Feb. 91% Sept. Vo. Paulria—l* t,o o u p .,8 g .l9 2 l J A J
113
112 Feb. 119% ’J u n e
flan.A S t.Jos,-C on**.,6 * 4 9 1 1 M A 8 U9% b.! U 5 % Mar. 125
. . . . Aug.
G eneral, 2d, ooup., 6 g . 1933 A A O 102
%b. 8 1 7s Mar.
Chic. A E, ill.—1 s t,a. f., 8*. 1907 1 A L) 115%*>, i 14 inn© 117% M »v
G eneral, 3d, coup., 6 g .. 1937 J_ A D 72 b. 49% Mar, 104 Sept.
74% Sept.
OoasoL, 6 g ....... ...............1934 A A O 127Mb. 191% A pr. (27% A uJ
Consol, m ortgage, 5 r .. 1969 J A D 39 %
24 Jan .
45 J u n e
G en eral e o n s o l.,l« t, 5a.. 1937:M A X: IUJ%
90 Feb. 1101 8f.pt
Col. tr u s t gold notes, 6s. 1396 »t A S
70
Misr.
89 J u n e
C bleago * Erie. —1st., 5 g.1982 X A S 110%
77 Star. I l l Sept.
Ohio. * X,"Pae., 1st, '5 * . 19401A A Ofl 19
<37
Ja
u
.
>51%
Sept
laa-jam.5* ....................... 1962; .Oot,
29%
14 <t Mur. 31 A ug. if S e a t.L . 8. A E .,ls t,g o .8 .1 9 3 l F A A-* 49 b
C hle.G as L. AO.—1 st,5 g .. 1937 J A J 93%
90 J u n e 00V J a n e 6o. P aollleA M o a t—6 g . . 193 . M A S t 38%b. 133 Ja u . I 51% Sept.
30
Mar.
41
Mav
C hle, MIL A St. F .—Con. *». 1903 J A J 137% V ; 125 Feb. 129% J m»e 11 <0. P aoidoT er, Co.—6 g ... 1936 J A J 105
U 6 % i. m % M .r 119% J u a e :! )h !o * Mlaa,—C on.a.f„78.1398 J A J 106 b 96 Jan . 106 Ju ly
1 s t,S o u th w est D tv .,6 » ..1 9 0 9 J A
106
Aug.
108%
J
une
1 st, 80. M lao. Dtv ,tt« ...1 9 1 0 J A J 115% b U S Mar. 119 J u n e ; >hto S outhern—1st, 6 g ... 1921 J A O
Ml b
Is t, Ch. * Pao. W. D fr.,5*. 19211J A J 115 0.409% Fell. 116 J u n e ; G eneral tn o rsg afe, 4 5. . . 1921 M A S 34%b 81 May - 96 Jan.
f-2% Aor.
Ohio, A Mo. Blv. D ir .,5 8 .19J>; I A J: 106%% 101 Feb. 110 Aug. j )rcg<*nDapt. O o.-^lsl, 6 gl 19to j ' A ii 05 * *
|lO o 5 Mar.
Wise. A M inn., D ir., o g . 1921 J A J 112 b. 107% Jan .
Ju n e ,j ConsoL.Sg------- --------1932.A * O 40 b 1 0 w
!m ’
T e rm in a l,5 g .................. I o n J A JJ! Ill% i) . u>8% Feb. 111%
111
J
uno
r
kC : 0 o - - U ‘- a * E . l i * J . l U . ’^ l O t i t t J a l 1- 112% J u n e
S en . 31., 4 g., series A ... 1998 J A j
95 6. «7 Feb. 0*1% Aug. 'J , ^
M dL A Sor.—l*t,e«n..S »,1913 J A l) l i e b. U 8 Jan. 120 Feu. (j ^ L % : i * v ^ * n p > n : m i j a j I 1 3 7
b.;i09% JatL 116% J u n e
C a lc . A » . W,—OoojwL.T h. 1915 % - F 140% 1*8 May .43% Jam pFee.
Dec, * E v * o » r.—8 g. 1920'J A J 100 b. 92 Feb. 103 May
CMupan, goal, 7 s ................ 1902 J A D 121. b. 119% J u n e 123% Feb. il E vaasv.
D ivision, 8 * .'..1 8 4 0 M A 9 103 b. 93 Mar. ,103% Ju ly
S iu ltla g fu «!, 8 * . . . . ........... 1929 4 A 0 -113 b. 114 J u n e 120 J a a i( 2*1
5 g ,............. 1928 M A N * 3 1%b .
S inking fu n d , 5»................192£* A A <
) 112
100% Apr. i 1 J% Aug. || P h tiam.*ortgage,
R ead.—Gen., 4 g .l 9 5 s : J A J
85%
5?
:i,i Sept,
Au83%
Blnklng lu m t, dabem , 3«. 1933 '1 A 5 m
b. 105% Ma} 112% Aug. i- 1s t pref. incom e, 5 g. . . . 1 9 5 6 ...........
*1
18% Mar. 40% Sept.
35-year d eb en tu rb , 3 s ... 19,. 1 11 A S 106% 104% May .06 Jan . j; 2d prof. Incom e, 5 * ....1 9 5 8 ,........ 3
24%
9% Mar. 25% Sept.
K sie n slo a, 4 « ..................1926: F A A 101 o. 93% Mar. -03 J u ly !i 3*1 preL Incom e, 5 g ___ 195-3............
it k
Mar. 10 Sept,
CSlO .K .LA Pae.-•*«.,,•-*u p . I>H7 1 A J- 12 *%b. i26 Ja n . .31 J u n e I P i t w k r g * W estern—4 g. 1917 J A J
17% 806% Apr.
E x ten sio n an d eoL, 3» ... 193-1:. J A J lt» % 3 . IflO Feb. 107% Ju n e I 410G r. W eetern—a t , 4 g. 1939 J a j
77
%
63
Jan.
30-year d eb en tu re, ' h.. . 1921 % A 6 06 4 : S3 Mux. 100 Aug. H It. J o . * U r. I s la n d —6
Feb
Chle.Bt. P. M. A o . - '. s . .193*9 J A H 127%*. i22 Feb. *29 May ): It. L, A Ban Fr. —6g,,CLB.,1 9 2 '. M A X | 03 V l M
m in§« a v e l * o d A Canton. - 3 * .. 1917 J A J
83 b. 82 Feb. IH M .y ;> 6 g., Oiaa* C ....... ............’ 1900 M A N 115
111
118 Aug.
L .C . G A I . —Consol., 7 g. 1914 J A D 133 Mb. 122 Jau. 139% Ju ly j.- G eneral m ortgage, 6*. .1931 J A J
10»% b.-102 Ja n . 112 Ju n o
G en eral eonsoL, 6 g ....... 1934.1 A J 12,4 6 .4 1 9 Feb. 125 Sept.
C
ong
*dar.
4*.
g
--------1090
A
A
o
53
%b.
49
Mar.
C,C.<:.A8..L. -i>..,«K .,D i.l94<, 1 A U •W
56% Sept.
74 Mur. 84% Ju ly 1-d, L. 80. » ©st.—1st, 4s. g.l98U M A X 81
62 Ja a .
81% Ju ly
ta e o ib e ,« (....... ........... ...1 9 9 0 April.
27
17 Avr.
Ju ly 11 2d, 4s, g.. Incom e ...........I960 J A J
39
16%
J
a
n
40% Sept.
O n L O o al* Iro n .—6g.
r A i 100
: 92 M ay
Attic. I <t.P.M .*M ,—D * k -.K x .,0 g .lu lo M A S
123% J u n e
-C o t A 9 ta A re . go. 5 ,. < . , 111.13 M a s 111% 110% J u ly 100
-IttJCf
L16H
lsto
o
n
a
o
h
,
6
g
.
.
..............
193J
J
A
J
i*jj%
115%
Mar.
123
Ju n e
Col a . Vah A fill. - C o n ., . g. 1,u i M A a: 91
! 86 *a M ar­ ii&rn Aug. j|
redaeed to 4 % g J
A4 105%b. U>0% J a * 105% Ju u o
G e n e ra l, 8g ......................1904 J A U i n b. 63 Ja a .
m Apr. if M ontana E xtension,
4 g.1927 J
Al» 91i n
884%
4 % A n?
95%
Ju ly
D e n v e r * K lo G r .-l* t,7 g. 1900; M A N! m % b .{ U 2 % May
53
Sept, It -an A n t.* A.P. - l« t,4 < .,g -!./1 . .1 AJ 00.12%%
52
Ja n .
88 J uue
1 st o o n so i,,4 g............. 1936 J A J 93
79 Ja a.
m
\
£&
p
t
•M8V. Fla. A W est.—1x4,6*1934 A A O ...........4 11122 J a a . 117 Ja n .
JD o l.s o . 8h. A A l t —5 * . . ,1S 37;J A J 100 b t 90 Feb. 100 Aog. 60, Car. A G a.—1 s t.3 g . .. 1949;’*1 A N 9- 7- a. 9 5
98% Aug
JFt. W .A IM u r.C Itr.—« g . 1931: J A D 70
65 Feb. 7 4 4 Sepl. 10. PaelhA Arlx .—6g .. 4 0 0 9 4 0 J A J:
G».. l i . A»au A if. A V. b. 1
4 A H 03%
101% Ju n e
9t> May 3 i 4 Julj ,40, PaotttlgQaL—tig . ...1 9 0 5 -4 2 A A O 0 7 b. 8 6
115 b. 109% Jan. 112 J u n o
G en E ie o m e .d e b . 8 s,g ...U 1 8 § 1 A 0
oo
j 87 J a a . ? 3 % J ao.
.U t0 0 M 0 L .g » Jd ,5 g ....... 1937:4 A O, 04 b, 83
— Feb.
^
95% A u*.
S o n s. A T .C eut-.gon. U . g . l s a t A A Cl 74
1 «1 Feb. 74% 8#p i. ;.%»%
,. emt&o, s. a t,—ti * . . . . , 1911.1 A J 106 b. 90%
Jan. 110 J u n e
® U ao lsO B h tr* t—4e,g. ... 1933 41 A JC 103 » 99 J a a . 103
Sept.
v-.-u,. g.,
t:*;; * s ,x a 90%
8-4% Jan.
90 % J u ae
W eateru Llues, l a t V . g iOM F * A I02%bl 102% May f n i u Jn
?r
K. T eaa. roorg. Uea i-5«. 1938; M a s 92
70 % Feb.
93% Aug.
< ^ * e ^ N o r v - l s % 8 |l 9 1 v ; « * S j - m V 4 1 7 * F 0 b
E .T . V. * O . - l t t , 7 * . ,4 9 0 0 J A J 111 % U l Ju ly 116
Ju n e
24 4 - 5 * .,.........................,1900-:M A 8
SO
1 67% Mar. 84% Aug.
Ckm.5 * ....... ................... 1956 M A NN 110% 102% Feb. U l S
ept.
J O W » C © a tn .L -l* t,5 g ,... 103-4 A 0
04
84% Mar. or* % Sept.
G eorgia Fsfl. I s s 5-0«, * 4 9 2 2 J A J; 115 h i 07% Mur. 115 J u n e
K tegrC o.JE tev.—1 s t,5 * ..1 9 2 5 1 A J: 83 b. 68 Jan .
83 May
ICnoxv. A Ohio 1st tie, g . 1825 J A J 114%b. 111% Mar. 116 Aug.
L aclede G » a .-4 « A ,5 g ...19U * G - F
08%%.; 30% Fob. 9*% Ju n e
D auv eon. 6 * ,g .l9 1 5 J
£ J 12i | , | i 8 Ja n . 122% J u n e
L ak e Erl© * W e e t - i g ,. . . 1937'J A J. 118
112% Ja n . 4 3 — p i RMlob-A
» L N o ,W .l* te o n .a s ,g l9 1 4 J
A J 11 ! % 4 4 0 9 Feb. 118% J u n e
U eh o re. -C o o .ep .,
;.**©.* J A 4- 116 b .4 1 5. J-.uy
. .. 113 Ja a . r e a n .G I .A tty . F©a.0..1*t,« a A o 95
77 Js n .
Ju n e
O o aao L o o a,., Q-l, 7 a ___t !*oy I A 4) 123 b- 122
*
Jau©
4 24% May B lrm lujham 01v„ 0 * .4 9 1 7 J A J y*i%b. 73 Mar. 95
90 J u n e
JJOLAv.* Pur. F. gu. f.«.g,uu»3 M A s ' t u
l i ( j % J u u « 114 A u g . T e x s * A P s o l H o - l . t ,
.2 000 J A D 92%
83%
Ja
a
.
94%
Sept.
L o ag jU lao A - I s to o a - .S g .liW r %—J 123 b. 117% JstL I 2 3 % j u n e * -■2d,
*•** •tnootne,
- "5 g
.. . ........ . . . 2 0 0 4 March
21 % Ja n .
32 S ept
G eneral m ortgage, 4 * , . t e j g 1 A 0
98 a 95 H .5 I>»2 Aug. rol. A n a Ar. * S . -M.—6 * 4 9 2 1 M A X I 29%
87
b.
175
Mar.
!SS
Sept.
L eals. A N aah.—Con*., 7*. le y s 4 A O 110
107 Apr. 110% M ar. fotedo * Ohio C e n t—S *49334 a J n o b.. 107% Feb.
112% J u n e
K.O.& Mobile, 1*4, 6 g , 193u J A J 1*22% 415%
Feb. 122
-i-t. r o L B tL . A K a m U —t i * . . l 0 l « J A 0 » 73 b! 57 Feb. I 75% S e n t
“
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24. 6 * .. 1930 J A J 110 a .4 0 0 % Mar. 109
104 Jill
Union Pooia©—6
Fa»'in.v_fiv
l u u uJl Aa J 1 107%b.
, A S .T 102%
, SA.. Mar.
0. . I108%
iS I* 5 U ’t
Ju lyv (Juloa
g ........ .440-*
g e n e r a l, 6 * ....... ......... 1930 J A U 119 b . 4 U
Sept
Feb. 420 Ju n e
E x t elaglug fund. 8 ....... 1899 M A 8 1)8%b. 89 Mar. 101%, All*.
0 u J a © d ,4 g .
......... 1940 J A J
83 b. 71% Mar. 95 Ju n e
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Gold 6*. QOL tru e ! note*. 1 8 9 1: F A A: 99% : *:) Fob. 98% 6 pi.
Consol., e * . . . _ .............4916 A A G- 102 b. 93% Feb. 103% S a p t
Kan. Pac.-D en. Olv., 6 * 4 8 9 0 H A S U 0% h. 103% Mar. ( I l l Sept,
.L o aG .6 4 .1. A T « i * a - « g l a i r F A A .........
55 Feb. 60 Ju ly
le t ©on»'*L. 6
.4 0 1 0 XLA X I 75 b. 62 Feb, 1 80 S e p t
JU x ih sR sn ooasoL 4*.........199*.* A A O' 101 %
98 Js n . 4 0 1 A u g
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„ O o n 8 0 L ,5 « ...................1 9 * ,- M A v 109 t>. 108% J u n e 4 1 1 J a ly
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91% Feb, ,103 J u n e
M il.L a X e B S .* W .-l,t,6 * 4 9 2 i VIA JT 131 %b.437% May ............
135 Aug. W abash—le t, 5 g ...............10.J >M A X 108% 104%
May '108’g S e p t
Bxh?o. A lm p .,5 g...........1929 F A A
100 Apr, 115 Jan.
2d m ortgage, 5 g ............. 103. - F A A
7 5-‘4b, 83% Fab. , 81 'Sept-.
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* m a le u p trom a c tu a l aales duly. * L a te st p ric e tbl* week. t T ru a t re o elp tt,

NEW f ' l K * s r o i ’K EXCflAN8E PRICES—(C ontinued).—IN A C T IV E BONDS SEPTEMBER 2 0 ,
©m ’UKI ria ©
A a tlru s d

1

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A, T. A 8. v - M , 4*,(./laa* B.
Cbteago a m, d m .- i » t , «*
C i t K i i . t e , * . , * , ............. .1036
Atl.
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_____1907
w e s t e r n I d v l.t e n I n i- .u a r . l a i n
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B AO. H.
1st, *.. 4%*. 4 9 9 0
Mon - t. K 'v -r. 1 st g.,g. 5« . 49111
•> n f i UHlu Beor. -1st. 4%*. 1930
A k .A C n .J « o c ,- ls t.g ,5 s ,g u 4 9 3 o :

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11.3

SEUUJrUTIEe.

Bua. Ene I. A P itts.—H en.,5 * 4 9 3 7
Rooh. P ., 1st, ««......... ...4 9 2 1
Roeh. A Pitt**, —Cons. 1st, Os. 1922
Butt. A Su*,|seii —1st, 5s, g 4 0 1 3
Burl CM . Hap. A No.—1st,,58.1906
103%
Consul. A collar, tru s t, 5a. .4 9 3 4
102
Minn* A 84. L .—1st, 7s, g u .,1 9 2 7
7ft
Iow a C. A W e s t—1st, 7 * .... 1909
67
88%
Oed. Rap. I. F. A N„ 1st, 8*4920
If* ** ___
I Mil

« ie.
06%
123

98%

121

401%

108%

104% i o i "
100

THE CHRONICLE.

506

[VOL. LX I

NEW fOKS STOCK EXCHANGE PBKJES.—I N A C T I V E BON DS—f C o n t i n u e d ) —S E P ' J E M B E R 20.
S E C U R IT IE S .

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N o r f .A W — A d j u s t m e n t M ., 7 e l 9 2 4
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2 d , 7 s ..........................................1 9 0 0 111**
M id d le D iv .—R e g ., 5 e ............1 9 2 1 114*4
G e n . 4* $ s, g . f “ A ...............1 9 4 2
S t. L . J a c k s . & C h i c —2 d , 7 8 .1 8 9 8 107 h
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S t. L . V . A T . H .— 1 s t . 6 s ., 7 8 .1 8 9 7 104*$ 105*$
M ls s.R . B r id g e —1 s t , s . f .,6 s ,1 9 1 2 *10714
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I o w a D iv .—S in k , f u n d , 5 s . .1 9 1 9 *10918
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C h ic a g o & I o w a D iv .—5 s . . . 1 9 0 5
35
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P i t t s . A L . E r . —2 d g . 5 s , “ A ” . 1 9 2 8
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L . 8 . A M .S o n .—B .A E .—N e w 7 s . ’98
P i t t s . P a i n s v . A F . — 1 s t, 5 s . . . 1 9 1 6
98
1 st, 7 s , $ g ., R . D ....................... 1 9 0 2
D e t. M . A T .— 1 s t, 7 s .............. 1 9 0 6 1*25 1 2 7 % P i t t s . S h e n . A L . E . —1 s t ,g .,5 s . 1 9 4 0
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1 s t, I . & f t . , 7 s ........................... 1 8 9 7
L a k e S h o re —D i v . b o n d s , 7 s . 1 8 9 9 1 1 1
l e t c o n s o l, 5 8 ...............................1 9 4 3
125
l e t , I . <Ss D ., 7 s ........................... 1 8 9 9
K a l. A ll. A G . R .—1 s t g u . 5 S .1 9 3 8
P i t t s . A W e s t.— M . 5 s , g .1 8 9 1 - 1 9 4 1
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P i t t s . Y ’g s t ’n A A .—1 s t , 5 s ,c o n . 1 9 2 7
1 st, I . & D . E x t e n s i o n , 7 s . . .1 9 0 8 1 2 7 i$
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L e b ig h V .,N .Y .—1 s t g u .g .4 * 2 S .1 9 4 0 1 0 3
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1 2 7 3 l L e h ig h V .T e rrn .—1 s t g u , 5 8 ,g. 1 9 4 1 114*$
l» t. H A D . , 7 s ......................... 1 9 1 0 1 2 6
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O h lo ag o & P a c if ic D iv ., 6 s . .1 9 1 0 '1 1 7
B e lle v . A S o. 111.—1 s t , 8 s . . . i 8 9 t 106*3
M in e r a l P o i n t D iv . 5 s ............. 1 9 1 0 106*4 1070a L i t t l e R o c k A M .— 1 s t, 5 s , g . . l 9 3 7
L o n g I s l a n d — 1 s t, 7 s .................. 1 8 9 8 1 1 0
B e lle v . A C a r .— 1 s t, 6 s ........... 1 9 2 3 1 0 0
0 . & L . S u p . D iv ., 5 s ............... 1 9 2 1 1 0 8
F e r r y , 1 s t , g ., 4 * $ s...................1 9 2 2
97
C h i.S t.L . A P a d .—1 s t, g d .g .5 s 1 9 1 7 1 0 0
F a r g o & S o u th ., 6 s , A s s u . . . l 9 2 4 1 1 3
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S t. L o u is S o.—1 s t , g d . g . 4 s . 1 9 3 1
105
I n o . coivv. s in k , f u n d , 5 s . . . . 1 9 1 6 1 0 4
80
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D a k o ta & G t. S o u th ., 5 s . . . . 1 9 1 6 1071$
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C a r . A S h a w t . —1 s t g . 4 s . . . . 1 9 3 2
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N .Y .B .A M .B .—1 s t c o n . 5 s ,g. 1 9 3 5 104*$
G e n e r a l 5 s ..................................... 1931
E s o a n a b a & L . 8 . 1 s t , 6 s ___ 1 9 0 1 1 0 7
98 ‘
B ro o k ly n A M o n ta u k — 1 s t, 6 s. 1 9 1 1
1 s t, t r u s t , g o ld , 5 s .................. 1 9 8 7 *83
D e s M . & M i n n —1 s t , 7 S . . . . 1 9 0 7 1171*
85
125
1 s t , 5 s .........................................1 9 1 1
K a n . C ity A S .— 1 s t, 6 s , g . . . 1 9 1 6
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P e n in s u la —1 s t, o o n v ., 7 s . . . 1 8 9 8
42
L o u i s .E v a n s .A 8 t. L .—C o n .5 s .1 9 3 9
K a n s a s M id la n d — 1 s t, 4 s , g .1 9 3 7
O hio. & M ilw a u k e e —1 s t, 7 s . 1 8 9 8 1081$
L o u is . A N a 8h . —C e c il. B r . 7 s .. 1 9 0 7
S t. P a u l C ity R y , c o n . 5 s , g . ..1 9 3 7
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115*4
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1937
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price Friday: these are Che iatest quotations made this week. For Ulseellaaeoas aud Unlisted B on d #.—See 3d page preoeliug*

THE CHRONICLE.

S eptem ber 31, 1895. J

In v e s tm e n t

Ro a d s .

507
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4.64 5
2 8 ,2 6 0
2*2.848 O ia te r A B e l___J u l y ......... 1.
2 1 0 ,0 0 7
2 2 1 .1 0 4
51.2 4 1
4 0 ,2 0 8
H « « K .A W .T-S 2 d *U .o o
10,004
2 6 0 ,6 6 2 iJalo n P a c itio 3 7 6 .8 0 3
HmeieaV n-ktShe** A ttg ieit.,. j
10,00*4
10,9 4 6
7 4 ,7 0 8
0 2 ,0 0 0
Un. Pac. K it. .In ly ............11,19 2 ,6 0 8 1,0 9 4,370 7.600,521 7 ,7 2 7 .0 8 3
llU nijU . v.r.tr ti A * r
... t ,#0*2,359 1^*0 ,;*2 *7 12,.'ci9’90.'i 1 1 .3 2 L 7 4 0
J r.a .L . A II. N 1J u iy ...........
4*39.200 326,4 4 0 2 ,8 19 ,3 7 0 2,650,801
l e d, (>■•, 4 » w *.,* w k — t*'
-.7*1*1
0 .7 2 ':
';i07.t)5:l
2t;6.175
5 5 ,5 3 3
404,040
S t Jo g . AG (LTa, J a ! j ............i
13.281
3 1 5 ,3 2 1

itailv cm cl I n t e l l i g e n c e .

II:?!o!

‘S

THE CHRONICLE.

508
Roads

Ja n . 1 to Latest Hate.

L a te s t G ross E a r n in g s .

Weetcor Mo1 1395.

1894.

1894.

1895.

1st week o f S e p te m b e r

fVoL. LXI
1895.

1894

Increase.

Decrease.

$
1,708
Toledo Peoria A W est’ll..
■H,1.93
9
*
Un. P.io,—Con.
*
75,30
>
1,900
West.
N.
Y.
A
P
enusylv
73.873
36.671
8 444
Kan.C.&Oui. J u ly ..........
5 012
631.551
425.567
17,393
T ot.8t.J.& G .I. 1st w k S ep
15.500
2)2 .7 7 3
06n t.B r .........o 2d w k S ep t IB.uuo 15,Ov 0 380 599 518,49 i T otal (81 ro ad s)............ 7 ,5 8 7 .4 '1 7,450,004 340,19
137,417
Ach.Col.&P. j J u ly
146.2)0
218.217
25 745
18,£21
Ach.J.C.A
The following will furnish a comparison of the weekly
Gr*d to tal *f J u ly .......... 1,839,1*4 1,668.879 11.733 767 12.422.123
262,711 1 J4 ,1 0 » 1.635,858 1,491,577 results for a series of weeks past.
U .P a o .D .A G J u ly ..........
75.146
87.936
F tW ’th& D .C J u l y ..........
W B E K L Y GROSS EA RN IN G S
W *bash ......... 2d wk S ept 2 8 1,$62 2 5 5 ,5 0 ' 8,563.395 7,820 937
95,378
115,958
12,964
13,685
-------- C h a n g e s--------- Waoo A N orth w J u ly ..........
862,833 Period a n d num ber o f
90 ).23“
West Jersey. .. J u ly ..........
200,523 183.514
1895.
1894.
A m ount.
63 >.418
71 >,283
W.V.Cen.A P i t t s ,A u g u st.. . . 101,348 105.290
roads included.
$
$
$
P. ct.
178,027 M oll—3d w eek (8 7 r ’ds). 6,851,151
172,355
39,345
W est Va. A P itts. J u n o .........
35.035
6,761,287
91.834 Ino 1*36
277,797
270,465
33,974
W estern of Ala J u ly ..........
36,984
“
4 th w eek (31 r’ds). 9,271.784
9.255,9 )3
15,331 Inc. 0-17
661.80) A pr.—1 st week (31 r ’ds). 6,5 44.574
678 800
117,291 122.700
West. M aryland J u l y ..........
6.395,262 149.312 I qo. 2*33
75.800 2,202,969; 2 027,459
West. N.Y. A P a 1st wk Sep
7 i.900
“
2d w eek (3 0 r ’ds). 6,369,4 >9 6.372,671
3,2 >2 Dec. 0*05
814,969
9 >3,963
29,568
Wheel. A L. Erie 2d wk Sept
3 >.881
“
3d w eek (81 r ’ds). 6,549.617 6,364.433
185,18 l i n o . 2*91
93.83
W isconsin Cent 1st wk Sep
95,12 >
“ 4t,hw eek (79 r’ds). 8.530,102 7,724,302 8 0 5 ,5 0 0 In c . 10*43
51,249
49,695 May— 1st w eek (SOr’ds). 6,236.972 5,)9> ,710 241,262 la c .
5,573
W rightsv.& Ten A u g u st—
6,237
4*02
“
2d week (79 r’ds). 6.29 L.9 )5 5,935.237
3 56,668 I*io. 6 02
« F igures given do not include Oregon Ry. & Nav., Un. Pae. D enver A
“
3d
w
eek
(77
r
’ds).
6,333,606
5,345,253
493,353
lac.
8*44
Gulf, D enver Leadville & G unnison, M ontana U rlon an d L eavenw orth
“
4th w eek (32 r’ds). 9,453,374 8,830,481
572,893 la c . 6*45
T opeka A South western.
J u n e —1st w eek (82 r"ds). 6,612,118 6,0)3,653
60 <,4 50 lao. 10*13
a These figures include resu lts on leased liner.
“
2d
week
(81
r
’ds).
6,444,541
5,947,148
497,393
la c . 8*33
b Inoludes earn in g s from ferries, eto., a o t given se p ara te ly . $ Mexi“
3d w eek (78 r’ds). 6,462,916
5,978,293
431.613 la c . 8*11
ean ourrenov. c Inoludes only half of lines in w h io h un'.cn PaoiHo has
“
4th
week
(76
r
’ds).
8,112.935
7,504,667
6
9L263
Tao.
8*11
a alf in terest.
J u l y - l s t week (73 r'ds). 6,198,359 4,33l,27L 1,867,038 Inc. 43*11
“
2d w eek (79 r ’ds). 6,459,079 4,955,091 1,503,333 la c . 3 J 34
Latest Gross Earnings by Weeks.—The latest weekly earn­ “
3d week (30 r ’ds). 6,641,935 6,239.534
355,371 lao. 5*65
ings in the foregoing are separately summed up as follows:
“
4 th w eek (34 r ’ds). 9,973,630 9,493,616
4 7 8 ,0 .4 lao . 5*03
For the second week of Sep"ember our preliminary statement Aug.—1st week (33 r ’ds). 6,995,999 6,939,051 56,943 Lie. 0*82
2d week (31 r'ds). 6,979,980
6,910,360
6 9 ,6 2 0 Ia c . 1*01
covers 48 roa i*. and shows 8 08 per cent gain in the aggregate ““ 3d
week (31 r ’ds). 7,2 71,329
7.L65.925
105.4<)6Iac. 1*47
over the same week la9t year.
“ 4 th week (79 r ’ds) 11,162,998 1 >.899,537 263,371 Inc.
2*41
Sopt. —1st week (3 Lr’ds). 7,537,421 7 ,4 59,0)4
1 3 ’,417 lac. 1*84
“
2d
week
(48
r
’ds).
5
,8
7
7
.9
L9
5,438,517
43
9
,4
)2
la
c
.
8
08
Increase.
2 d week o f September.
1895.
1891.
$
B alt. & Ohio S outhw est.
Brooklyn E le v a te d ........
Buffalo Roch. A P ittsb ’g.
C anadian Pacific..............
ChesaDeake A O hio.........
Chicago a E ast. Illinois
Chicago G reat W estern..
Chicago Milw. A St. Paul
Cln. Jack so n A Mackinaw
Clev. Lorain A Wheel’# ..
D enver <Se Ri~.> G ranite—
B vansv. A Indian ap o lis.
E vansv. A T erre H a u te ..
F lin t A P ere M arquette.
F t. W orth & Kio G rande.
G eorgia...............................
H ouston E. A W. Texas..
I n te rn ’l & Gt. N orth’l l . . .
Io w a C en tral.....................
K anaw ha A M ichigan---Kan. City P ittsb. A Gulf.
K an. City Suburban Belt
L a te E rie A W© stern__
Louisville A N ashville...
Louis. N. A lbany A Chic.
M exican C en tral..............
M exican N ational............
M inneapolis A Sc. Louis.
Mo. K an sas A T e x a s.......
Mo. Pacific A Iro n M t__
C entral B ranch .........
Mobile A B irm in g h am ...
N. Y, O ntario A W estern
N orfolk A W estern..........
N o rth ern P acific..............
Ohio S o u th ern .................
P eoria Dee. A E v a n s v ...
P ittsb u rg A W estern.......
Rio G rande S o u th ern __
Bio G rande W estern.......
St. Louis S o u th w estern ..
Southern H allw ay .. . . . . .
T exas A Pacitio................
ToL A nn A. A N. M ich ...
Toledo A Ohio C e n tra l...
Tol. 8 t. L. A K an. C ity...
W abash. ............................
W heeling A Lake E r ie ...

1 6 5 ,6 6 1
3 2 ,2 5 3
6 0 , LOO
4 0 4 ,0 0 )
2 0 3 ,7 2 6
8 9 ,1 2 1
1 0 8 .7 3 5
7 3 7 ,3 5 8
1 3 ,6 0 4
3 2 ,4 >4
1 4 3 ,8 )0
6 ,o 7 1
2 3 ,9 5 0
4 9 ,0 1 6
5,4 00
2 4 ,7 4 0
1 1 ,0 0 5
7 4 .7 3 4
4 2 ,3 1 3
7 ,5 2 1
7 ,5 7 9
5 ,8 3 4
6 9 ,8 0 8
4 3 0 ,5 0 0
75 636
1 8 5 .9 9 3
88,3-14
5 1 ,7 0 1
2 3 3 ,5 1 0
4 5 8 ,0 0 0
1 3 ,0 0 0
4 .3 5 1
6 9 ,6 8 1
2 1 7 ,5 1 8
5 6 9 ,9 1 3
1 4 ,0 0 4
1 9 ,5 6 2
7 0 ,2 3 7
9 ,7 3 0
5 4 ,6 0 0
9 1 ,3 0 0
3 7 2 ,0 9 2
1 1 6 ,3 1 5
2 4 ,0 3 1
4 0 ,6 8 2

40,595

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

T otal (48 r o a d s ) .......
5 ,8 7 7 ,9 1 9
N et Increase <8 08 p.o.)..
............

$

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

21,000

1 0 ,0 0 4
7 7 ,0 8 9
4 1 ,7 0 1
7 ,6 6 3
8 ,7 3 9
6 ,6 1 8
7 0 ,3 7 8
3 9 7 ,0 6 0
6 4 ,0 6 3
1 6 1 .1 6 9
7 6 ,9 1 3
4 2 .4 0 5
2 2 0 ,2 7 7
4 2 5 .0 0 0
1 5 ,0 0 0
6 ,6 9 8
7 5 ,4 6 1
1 9 2 ,4 2 8
5 2 9 ,2 2 8
1 5 ,2 3 2
1 8 ,7 3 1
6 2 ,1 2 6
8 ,8 / 1
4 6 ,8 0 0
8 3 ,5 0 0
3 a ,3 i e
1 2 3 ,7 4 6
2 0 ,1 4 9
4 8 ,5 1 5
3 4 ,3 7 6
2 5 5,508
2 9 ,5 6 8
5 ,4 3 8 ,5 1 7

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

$
19,485
73,900

$

2 5 ,5 0 2
4 ,9 5 7

5,2 >6

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

1,519
4 ,8 5 7

3 ,3 5 1

13.300
810
1,522
"3*099

3 ,7 4 0

1,001
612

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

2,355
‘ “*142
1,160
78 4
570

2,000
1,847
5,730

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

1,228

831

8,111
859
7 ,8 0 0
7 ,8 0 0
3 0 ,7 7 6
3 ,9 3 2

7,43 L
*7,8*33

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

56,636

For the first week of September our final statement covers
81 roads, and shows 1 84 per rent gain in the aggregate.
ls f week o f September.
P re v ’ly rep o rted (53 r’ds)
Aten. Top. c a n . F e .......
8 t. Louis A San F r.........
A tlantio A Pacific____
B url. Ced. Ran. A N orth.
Chicago & G rand Trunic.
Chicago G reat W estern..
Cleve. Canton A South n
Clev. Cm. Ckio. A St. L ..
Col. S andusky A H ock’g.
D et. Gr. H av. A Milw__
D uluth So. Shore A A tl .
JEvansv. A R ichm ond___
G raud R apids A In d ian a.
C incinnati R. A F t. W ..
T rav erse City.......__
Musk. Gr. Rap. A I n d ..
In d ia n a D ecatur a W est.
K an. City F t. S. A Mem.
K an. C. Mem. A B irin___
K eokuk A W estern..........
Mobile A B irm in g h am ...
Ohio R iv er........................
P lttsb . Shen. A L. E rie ..
St. Jo sep h A Gd. island.
8t. Louis Alt. A T. H aute.
S h erm an sh rev e. A So . ..

1895.

1894.

*
8
5,876,361 5,761,917
551,731
55 L,393
114,783
119.196
5 7,090
61,355
108,860
82,149
56,404
54,150
93,202
83,497
13,904
15,543
276,012
282,921
24.064;
25,714
24.284
23,2 >9
32,564
35,361
1,923
2,556
45.910
33,309
8,712
8,012
975
929
2,478
2,091
8,516
9,720
81,569
81,123
19,1501
16,855
9.666
7,958
4,570
5,037
21,105
21,593
15,269,
14,432
15,500
17,393
25,650
26.000
4.529
4,485

Increase.
8
235,933
333
20,711
2,254
9,795

Decrease.
$
171,569
4,408
4,263

2,539
6,899
1,045
7,60 l
709
46
387
446
2,295
1,708
837
44

2,797
633

1,204

467
488
1,893
350

8

Net E a r n in g s tloutlily r.o Latest Dates. —The following
shows t h e gross and net earnings to latest dates of all S t &am
railroads furnishing monthly statements. The compilation
include? every road from which we can get returns of this
charactei and in that form is given once a moath. Early re­
turns ar» published from week to week, as soon as issued, but
for tb f convenience of our readers all the roads making re­
turns art brought together here in the week in which we pub­
lish oui monthly article on net earnings—say on or about t h e
20th of th e month. The r e tu r n s o f th e s tr e e t r a i l w a y s w z g iv e
b y th em selves u n d e r a s e p a r a te h e a d a t th e e x tr e m e e n d o f
th ese t a b u la tio n s —see p a g e 510.
-N et E a r n in g s ---- »
*---- Gross E a rn in g s.1894
1895.
1394.
1895.
Roads.
$
*3,360
Adirondack ...............Ju ly
1,379
13,578
17,152
18,152
Ja n . 1 to Ju ly 3L__
34,400
9 4,406
110,952
39,514
Alabam a M idland__ Ju ly
56,75 3
12.550 def.5,9 47
41 L
3,330
399.973
Jau. 1 to J u ly 31 . . .
294,473
94.012
201.601
2 22,502
9 3,550
Allegheny V alley__ Ju ly
J a n 1 to Ju ly 3 1 __ 1,393,682 1,150,452
433,531
554.623
2.095
7,112
A rkansas Midi in d ... J uly
2,219
6,101
20,713
44,805
Jau . 1 to Ju ly 3L___
18.635
49.2 6 )
2 ,0 0 6
At. T. A 8. Fe . . . b .. Ju ly 2,09 2.308 1.6 6.732
216,538
Jan. 1 to Ju ly 3 1 ....1 5 ,7 0 2 ,9 4 0 15,120,001 2,679,524 2,2 56,63 8
168,182
8t. L. A San F r ..b Ju ly
473,348
440,443
179.424
Jan . 1 to Ju ly 3 L .... 3,235,892 3,193,024 1,190,116 1,063,093
40,444
A tlantic A P.tc. .b .J u l y
29 3,210
15,05)
295.779
97,677
211,295
Jan . 1 to Ju ly 3 1 .... 2,173,931 1,778,918
399.7 79
Aggregate to ta l, b. Ju ly 2,3 >4,3 16 2.252,934
221.874
Jan . 1 to Ju ly 3 1 ....2 1 ,1 1 2 ,9 1 3 20,091,943 4,030,935 3,417,458
9.6 32
6,914
A tlanta A W. P oint.. Ju ly
32,4 28
31,553
83,931
241,8 59
Ja n . 1 to Ju ly 3 L ..
253,343
89,187
+46,003
A tlantic A D anville. Ju n e
41,023
6,173
$8,590
Jan . 1 to J a n e 3 0 ___ £26 9,991
5,999
237,070
J 48, 353
Ju ly 1 to Ju n e 3 0 __ $535,097
$95,614 def 14,224
486,779
A ustin A N o rtliw .. .J u ly
4,337
2 9,02 )
17,032
6,775
Jan . 1 to Ju ly 3 1 ....
42,701
41,575
135,267
133,931
B altim ore A Ohio—
727,330
Lines E. O. R .b ... Aug. 1.648,360 1,749,370
672,194
Ja n . 1 to Aug. 3 1 ....1 1 ,1 3 5 ,9 1 1 10,809,899 3,500,421 3,33 2,815
Ju ly 1 to Aug. 3 1 ___ 3,139,380 3,210,288 1,132,343 1,163,173
104,345
Lines W. O. R .b . .Aug.
503,505
418.097
120,862
300,9 49
Jan . 1 to Aug. 3 1 .... 3,495,280 2,905,025
625,538
13 1 ,9 )4
Ju ly 1 to Aug. 3 1 . . .
953,788
813,425
197,907
831,675
Tot. both system s bA ug. 2,152,365 2,197,467
793,056
Jan . 1 to Aug. 3 1 ....1 4 ,6 3 1 ,1 9 1 13,705,924 4,126,009 3,683,764
Ju ly 1 to Aug. 3 1 .... 4,093,163 4,023,713 1,330,250 1,300.082
B. A O . Southw . .......July
519,221
173,565
180,644
496,508
Ja n . 1 to Ju ly 3 1 ___ 3,516,43) 3.403.247 1,203,66 3 1,193,346
Bangor A Aroostook. Ju ly
50,703
430
18,681
22,031
Jau . 1 to Ju ly 31 . . .
412.140
35,693
129,023
166,884
372
B ath A H am m onds.. Ju ly
798
2,253
2,186
Ja n . 1 to fulv 3 1 ___
2,532
4,112
13,015
11,633
Birm. A A tlan tic, b J uly
75
def.163
1,514
1,630
Ja n . 1 to J u ly 3L . . .
602
9,733
12,416 def.2,6 40
Brooklyn E le v ated .a Ju ly
50,037
159,745
67,798
131,495
Jan . 1 to J u ly 31 . . . 1,232,454 1,049,092
411,617
539,670
Brunsw ick & W est ..Ju ly
10,671
46,064
11,357
40,537
Ja u . 1 to J u ly 3 L . . .
63,650
289,594
43,383
293,118
Butt. Roch. A P itts, b.. J uly
94,109
291,719
105,730
271,151
330,947
Ja n . 1 to J u ly 3 1 .... 1.707,836 1,354,039
437,433
Burl. Ced.R. A No. a.. Ju ly
25,633
292,857
75,059
223,863
Ja u . 1 to J u ly 3 1 ___ 2,03 L.899 1,936,174
470.639
532,303
Camden A A tl....... u ..Ju ly
150,353
73,343
139,614
61,071
514,127
J a n 1 to Ju ly 3 1 ....
122,742
135,2 53
484,147
Canadian P a c ific .a ..J u ly 1,543,544 1,517,609
475,268
558.027
Ja n . 1 to Ju ly 3 1 .... 9,099,77" 9,655,378 3,096,850 2,760,493
7,337
Carolina M idland__ July
5,091
4,697
8,27 L
23,60L
Jan . 1 to Ju ly 31 . ..
4,106
29,393
4,318
C entral of G eorgia—
413,503
Railroad S ystem .a Ju ly
346,491
79,989
120,095
C ent.of N. J e rs e y .a . J u ly 1,127,831 1,120,963
4^4,033
466.495
Ja u . 1 to Ju ly 3L---- 7,049,302 6.876.247 2,647,192 2,241,636
C entral P a c ific .b — July 1,188,215
84°,260
345,203
43 4,033
7,057,909 0,362,065 2,421,698 2.420,230
Ja n . 1 to Ju ly 3 1 ..

509

THE CHE ONI CL E.

SEPTEMBER 31, 1S95,
-Gross E a m in g s .58.282
47,999
C har. A S av an n ah .J a n e
361,760
3U3.356
J a n . 1 to Ju n e 3 0 . . .
4.733
7.426
Oheruw A D a ri...b . Ju ly
43,322
61*, 265
J a n . 1 to J u ly 3 l . . .
809.452
Chdaap.
Ohio at... J illy 730,041
Ja o . 1 to Ju ly d l __ 5,373.393 4,934.941
165,359
1 6,?49
Che*. O A S o 'w n .b .J u ly
Ja n . i
J u y d i . . . 1,2 <6,4 .0 1,123,371
1* 2,846
132.975
Chic. Bur.A N o rth . t>. J u ly
£01,564
9 7.950
J a n . 1 to Ju iy 3 1 ___
Chic. B u rl..% vjuiu.b. Ju ly 2 J H 3 .7 H 2,156,595
J a n l to in ly si . . . 10.3 *2,701 17,316.734
318,091
C hioigo A E ast Id s .Ju ly
312.578
Cnic. M. A 3 t P .a . J u ly 2,289.241 1,779.227
J a n . 1 to J u ly 3 1 ....1 4 ,8 2 9 .5 2 0 15,4 .7,523
122.792
Q u o . & vy. M ich ... ..J u ly
118,123
864.026
936,932
J a n . 1 to Jn ly 3 1 ___
5 4.456
Oln. f a c t. A M a e k .b .J o ly
55.063
3 46.2*9
334.176
Jan . 1 to Ju ly 3 i ...
2,249
932
Clnn. A K ent. So.......May
20.176
Oln. P ori*. A V lr .b -.J u ly
23,137
137.492
1 4 3 ,114
J a n . 1 to J u iy 3 1 __
71.938
O ler. A kron A C ol.b . J a n e
75.6X8
Ja n . t to Ju n e 3 0 __
434,133
1-38,119
861,034
J u ly l to J u a e 3 u __
896,091
63.146
63.621
C lere. C anton A So . Ju ly
296,146
366,480
J a n . 1 to J u ly 3 1 ___
321.563
CleT.Cln.C .A St. L .a . In ly 1,162.134
J a n . 1 to Ju ly 31 — 7,756.313 6,839.892
162.990
127,153
P eo ria A E ast o a .Ju ly
840.783
J a n . 1 to Ju ly 3 1 ---- 1,101,992
113.910
79.537
C ler. Lor. A W b re L .Ju n e
456.169
579,214
& & !Ja». 1 to J u n e 3 0 . . . .
l J u i r 1 to J a n e 30 .. 1,360,465 1,177,121
180,100
199.019
C oL Iloek V.A ToI.bJ l i e
J» « . 1 to J u n e 3 0 ___ 4,055,924 1,167.257
753
C ry stal.........................J a n e
349
5.035
J» n . 1 to J u n e 3 0 . . . .
3,083
66,013
75.893
C nm b erU ad Valley ..J u ly
J a n . 1 to Ju ly d l . ..
416,266
417.614
436.561
6-43,583
Den. A R. G rande, b Ju ly
J a n . 1 to Ju ly 31 — 3,832.991 3,191.431
99.7-J9
6 4.456
D e t Lans. A S « r a . Ju ly
533.22?
646,630
J a n . 1 to J u ly 31 —
39.293
D etro it A M a ck ln ae* Ju lf
1^,613
2 .6,313
J a c . l to Ju ly d l . . .
151,44/
82.039
02,571
E lg in J o lie t A E a Ju ly
621.252
556.139
Ja n . 1 lo J u ly 31 —
E u rrk a S ortsjrs . . . . Ju n e
5.363
6.173
33.6V2
Ja n . i to J u n e 3 0 . . .
30,157
18Q.505
F lin t A P ere M a r.a ., Ju ly
2X1,451
J a n . l to J u iy J i ____ 4,421,998 1,364.*73
87.936
75,146
F t. W orth A D cn.C .b Ju ly
21.277
Ft- W orth A Bio 0fv J u iy
13.057
134.757
J a n . 1 to Ju iy 3 1 ..* ,
198,508
867
*01
G adsden A A lt. Un Aug
5,810
J a n . 1 to Aug. 3 1 ---4,26*
G eorgia a .................Vng.
93,916
100,119
796.593
J a n . 1 to Aug, 3 1 ___
753.938
J u ly 1 to Aug. 3 1___
180.SS 4
18 2.427
75,520
75.197
Ga. S o n th 'n A Fla b Iuly
J a n . 1 to J u iy d l . . .
462.040
49)*.026
G ran d Rap. A I n d ..„ J a ly
217,238
208,397
Jma* 1 to J u ly d l . . . 1,511,835 1.362,751
G ran d T r'k of C a n ... J uly l . 533,975 1.404,146
J a n . 1 to J u ly 3 1 . . . . 9.57 *.365 9,657.233
231.66*
111,375
Cble. A GrM T r ....J t tl y
D et. Gr. H .A M il.. Ju ly
91.918
79,971
G ulf A Chicago. ..b .. Ju ly
12,254
3,231
23.6*6
24,493
J a n . l to J u ly 3 1 . . . .
Hoo-uie T un.A WUen J u ly
4.647
4,515
J a n . 1 to Ju ly d l . . .
29,260
2*2,9 43
B ou at. Br A W. T e x .~
270,271
J a n , l to J u n e 3 0 . , . .
189.978
50O.563
J u ly l to J u n o 3 0 ..,..
412,291
Illin o is C en tral, a , Jn ly 1,509,856 1,212,118
J a n . 1 to Ju ly 3 1 ....1 0 ,7 3 7 .8 1 4 9,729,443
41307
39.6 IS
In d . Dec. A We«t. .J n ly
257,703
J a n . t to Ju ly 3 1 ___
204,461
56.066
In d ia n a III. A Iowa. .J u ly
92,251
J a a . 1 to Ju ly 3 1 . . . .
433.4 47
410,1.95
122.302
Iow a C e n tral.........b . Ju ly
127.047
331302
J a n . 1 to Ju ty 3 1 . . . .
913.012
3,037
iro n H allw ay ___b . . J u l y
3,629
22,258
J a o . 1 to Ju iy 31. ..
23.9 i 4
Ja c k . Tam. A K. w ...jo ly
38.377
265,952
J a n . 1 to Ju ly 3 1 ---510,474
3,943
J a r a r n 'a A L. E rie .. Ju ly
4.463
23.873
J a o . 1 to J u ly 31. . .
22,969
K an aw h a A Mlob b -.Ja ly
36.270
31,139
J an . 1 to Ju ly 3 1 ...*
249.721
300,012
K an. C. F t. 8. A M a Jn ly
3.14,203
312,919
J a n . 1 to J n ly 3 1 __ 2,462.313 2.697,1 IB
K an.C . Mem. A B a ,Ja ly
77,647
7 3 /6 1
J ao- 1 to J u ly 3 1 . . . .
556,512
572,339
K eokuk A West’n b. J ily
28.153
26.171
iJttB. 1 to J u 'j 3 1 , . . ,
204,634
186,597
L, E rie All. A <%».». J u ly
6,579
6 ,2 9 1
J» o . t to J u ly 3 1 . . . .
39.129
4 4,779
Lake E rie A Wrd*# b . J a ly
275,942
2 '" , *- 7
Ja n - 1 to Ju ly 3 1 , . . . 1,956,519 1,779,099
L exin g to n A K a s t'n .Jo ly
16,942
14,710
Ja n . 1 to Ju ly 3 1 . . . .
116,111
Louis V. Ev. A St. 1 ,. Ju ly
106,652
111,560
J a n . 4 to Ju ly 3 1 ___
786,065
769.597
Lon lav. A Naahv b „ J n iy 1.632,9 43 1.42-L903
Ja n . 1 to Jn ly 3 1 .. ..10,77**059 10,647,316
L o b I s t . N. A. A C .a .. June
292,590
*217,178
MSS J a n , 1 to J u n e 30 . . . 1.473,009 1.295,130
J u l y ! to J n n , 3 0 . . . 3,067,012 3,135,890

XeJ E a n u n g s.18,700
13,930
77,974
113,902
476
394
15.374
563
262,156
299.304
1,632.686 1,611.184
57.213
87,665
390.147
353,327
19,304
1*2,116
117,413
175,161
843,290
849,303
5,438,195 6,155,593
127.596
9 1 239
736.99 4
378,171
5.691.548 5.019,1 14
26.815
24,550
133,570
12.',^81
10.490
12.052
35.614
56.716
1,127
d e f 132
•1.752
3.716
23,282
21.546
17,165
13,231
152,667
112,751
317.757
248,194
17,761
2 .753
70,916
12.622
240,208
104.719
1,934,542 1.61 4.753
2 \S 3 6
41.3 4
283.65*2
71,619
39,044
2.921
161.223
*9.240
433,201
3>4,«96
66,065
93.677
347.513
425,269
def. 124
102
153
1,744
25.676
2 \9 4 l
llM .659
119,59 4
291.4 46
13 >.59 4
1,816.928 1,277.564
23.300
17,491
125,219
7 S .ido
5.61 »
l 033
68,145
103.765
25.933
7.109
213.355
140.132
2.371
3,572
14.363
17,96 >
55.094
46,4^0
3*7,926
331,06 »
8.908
12.607
5.002
1,574
52.435
15.S57
502
343
3.3 45
2,331
14,197
33,519
*04,076 gf205.1 ’>8
*2v,407
C48.071
15,0*24
20,262
123,942
104.623
63,231
50,674
326,129
319.074
348,702
432,680
2,7782381 2.031.571
4,2*4 def 19.135
13,287
7,091
fd « t7 2 9
873
def. 137
681
2.176
2.75.5
9.959
6.9 43
89,253
226.S83
403,705
3.324,610
17.750
89,976
l 4.323
125,112
4*2.693
292,943
112
4,223
dcf.3,911
31.594
1,120
de(,134
5,493
54.39M
98,670
744.085
4.591
50.797
6,036
40,590
945
2,013
124.9*25
833,210
7,149

,---- Gross E arnings.—
1895.
1894.
Roads.
$
$
L o u i8 V .S tL .iT e i ..J u n e
32,059
35,565
Ja n . 1 to J u n e JO___
186.686
193,787
Macon A B irm ln g .-..Ju lv
5,105
6,860
Ja n . 1 to J u ly 3 1 __
4 0 ,o i8
43,115
M anistlque_______ ..J u l y
13,263
10,638
Ja n . I to J n ly 3 1 ....
8 1.060
41.616
M em phis A C h a s 'n ..J u n e
86,995
.............
Ja n . 1 to J u u e '0 __
514,434
598,922
Ju ty 1 to J u n e 30 . . . 1,202,273 1,274,818

Vrt E arnings.—
1895.
1894.

$

$

5,103
5,744
23.902
28,552
def.1,255
1.636
1.534
5 ,9 ’iO
9.303
7,773
46,381
26,371
11,765
def.1,042
•17423
172,548
203,262
M ex ic a n C e n t r a l.......TuLr
7 3 4 ,7 2 8
6 35,811
280,154
213,165
J a n . 1 to Ju ly 3 1 . . . . 5,338,639 4,929,762 2,197,229 1,595,115
70.726
Mex. I n te rn a tio n a l..J u ly
199.106
177,690
72,764
597,184
J a n . I to Ju ly 3 1 ..., 1,192,057 1,282,152
555,848
M exican N a tio n a l__Ju ly
354,082
320,122 <1161,296 <1127.756
J a n . 1 to Ju ly 3 1 .... 2,507.909 2.439,332
*
'
d l , 112,617 <11,012,302
33,349
M exican n o rth e rn ..J u l y
63,140
54,118
28,618
J a n . 1 to Ju ly 3 1 ....
393.605
371.111
209,063
195,287
Minn, A St. L o a is .a .J n ly
152.460
112,332
57,775
39,228
J a n . 1 to J u ly 3 1 . . . .
986.011
S95.646
363,398
300,414
.Nash.Ch. * S t.L .b ..A u g .
403.303
392,652
134,323
181,710
Ja n . 1 to Aug. 3 1 .... 3 .0 .1 ,5 0 1 2,994,365 1,217.599 1,181,3.©
Ju ly 1 to Aug. 3 1 __
785,863
743,326
334,173
323,7c 4
N evada C e n tral.........Aug.
1,833
2,112
43
333
J a n . X to Aug. 3 1 ....
17.682
16.533
189
342
123
J u ly 1 to Aug.3 1 --3.958
3,316
tlef.229
S ew O rl. A B o u th .a . J u ly
5.325
5,781 def.3,103
def.995
J a n . I to July 31 . . .
42,957
54,245 ilef.9,304 def.3.433
N.Y.L. E. A W est’n . .Ju ly 2.323,167 2,077.125
■612,747 *589,466
Ja n . 1 to J u ly 3 1. . . . 14,693,797 13,761,192 3,727,337 3,541,279
O ct 1 to Ju ly 3 1 ....2 1 ,4 2 3 ,7 1 3 21,273,126 *5,737,717 *6,012,932
369.731
353,441
N. V. Out- * W e s t.a ..Ju ly
113,438
127,612
52 4,901
J a n . 1 to Ju ly 3 i __ 2.032.100 2.116.711
537,205
192.478
N. y . Bus. A W est, b .Ju ly
83,216
166,123
49,265
J a n , 1 to J u ly 3 1 ___ 1.268.070 1,055,817
446,371
372,508
117,693
505,766
499,918
N orthern C entral b . July
116,549
J a n . 1 to Ju ly 31 ... 3.542,196 3,197,065
834,631
960,598
30 4,790
N orth* n PaelBo b — May 1.321.2*0 1,197,476
179,830
J in. 1 to May 31 . . . 3.825,006 5,339,592 1,579,626
963,109
Ju ly 1 to M ay 3 1 ....1 6 ,1 6 0 ,6 2 2
5,762,319
23.052
61,278
Ohio K i v e r .b ...t
Ju ly
80,033
22,120
369,560
J a n . 1 to J u ly 3 1
429.791
146,605
122,054
5 6 def.1,600
10,430
13.853
Ohio H irer i C b a s...Ju ly
12,551
92.040
99,460
J a n . 1 to July 3 1. . . .
4,207
73.4 4 4
59.10 J
23,176
Ohio S o u th e rn ,____ Ju ly
42,073
129,136
359. .41
328,618
J a o . 1 to J u ly 3 t ___
179,166
f*enn. (east P.A E.i. J u ly 5,415.395 4,759,325 1.559,831 1.108,816
Ja n . 1 to J u ly .11 ...3 4 .9 7 4 .1 7 3 31,007,503 9,205,188 8,279.535
U n e .w e s t P .A K ..July
Inc. 630,3 46
tn c. 322.193
Ja n . 1 to Ju ly 3 1 ___
Inc. 7.540,190
tne. 1.401,394
P eoria Dee. A E v — J u ly
69,033
67,007
18,839
18,906
Jan. I to J u ly 34___
502,783
411.108
155,601
108.257
41,230
P e te rsb u rg .............. J u ly
51,813
24,994
23,315
320.323
Ja n . 1 to Ju ly 31 . . .
316.144
110,701
104,004
374.513
P h ila d e lp h ia * K n e b J n ty
332.461
100,613
83,387
J a n . 1 to J u ly 3 1 . . . ? , 233,3 00 2 ,0 7 2 .1 3 6
S 51.3J9
495.255
P a lla . A H eading . . J u ly 1,814,150 1,779,011
813.638
793,013
J a n . I to July 31. .. 11.619.720 11,089,566 4.965.349 4,663,179
Dec. 1 to Ju ly 3 1 ....1 3 ,1 7 0 ,6 4 9 12,841,079 5,570.211 5,443,407
C oal A Ir o n Co...... J u ly 1 .9 0 5 ,8 0 6 1 .6 3 9 ,8 7 5 ile f.S la » 7 8
150,296
J a n . I to Ju ly 31 ...1 2 .3 4 2 .2 3 4 11,865.712 d f.20J.47o def.5,703
Dec. 1 to Ju ly 3 1 ... 13,930,489 14,145.023 df.399.397
111,751
762,010
913,309
Total both Co*»... July 3.7I9.75G 3,418,889
J a n . 1 to Ju ty 3 1 .. ..2 J ,960.951 2J.954.278 4,761,879 4,657.476
Doc. 1 to Ju ly 3 l . ...2 7 ,1 0 1 ,1 3 8 20,930,101 5,179.314 5,555,158
tn c .
Pita. C. C. A St. L .. Aug.
97,464
to o . 81,848
J a n . 1 to Aug. 3 1 . . . .
I n c . 716.714
£uc. 335,697
P itta Mar A O h io ...Ju n e
duf.221
3.753
1.820
def. 402
J a n . 1 to J u n e 3 0 __
2 0 ,7 4 /
15.137
d et. 225
3,320
2 J2.575
199,09.5
95,257
P ittsb u rg A W estern. Inly
63.597
Ja n . 1 to Ju ly 31 . . . 1,610,557 1,221.077
521,099
3 i s .5 ; .i
191,701
112,753
83,171
P i t a . Youngs. A A, .J u ly
51,786
887.557
507.455
308,360
J a n . 1 to J u ly 3 1 . . . .
190.181
65,817
53,575
A P o t....J u ly
20,873
17,581
51,099 Rich.J aFnred
417,115
441,003
147,324
. 1 to Ju ly 31 . . .
155,018
167,092
Rich.
A
P
e
te
rsb
u
rg
...Ju
ly
31,901
20,193
12,290
9,549
225,897
196,915
14*7.492
J a n . 1 to Ju ly 31 . . .
49,395
52.991
2,25 4.203
31,912
31,654
18.064
16,999
14.004 Rio G rande South, b J u ly
IUO.682
192,950
J a n . t to Ju ly 3 1 ....
3 L S .U 5
90,917
30,593
RIo
G
rande
W
e
st.b
..Ju
ly
209,074
149,019
79,139
41,713
18,617
■127,15 5
J a n . I to J u ly 31___ t ,253,072 1,112,109
315,923
111,121
1*2,002
9.521
1.563
3,395
3 3 ,111 Sag. Tan. A U a r a n .. .Ju ly
64,196
05,655
J
a
n
.
1
to
J
u
ly
3
1
___
11,597
15,450
273,101
7.2
49
1,917
7
,i
31
Sag.
V
alley
A
St.
L
...Ju
ly
1,917
817
48.330
19.2 44
6,455
Ja n . 1 to J u ly 3 1 ....
14,993
3,33*
31.02
2
91,513
9
•.
13
)
19,031
S
t
Lout*
A
lt
A
r
.H
.b
fu
n
e
3,915
617,0 90
212.059
J a n . 1 to la n e 30 . . .
62 ,191
205,103
215,973
015,500
576,763
Jn ly 1 to J u n e 30 ... 1,459.035 1,395,015
906
U 6.8SO
12 9,912
30.484
11.076
3 1 42 8 t.P au l A D uluth, b .Ju ly
715,035
7 5 J.0 J5
103,431
2009373
Ja n . 1 to Ju ly 3 1 . . . .
9,118
u u ii
23,707
132,933
14,958
45,100 San A n t A A ran. P. .Jn ly
190.115
795,403
Ja n . 1 to J u ly 31 — 1,017,001
53,403
1 0 2 /3 0
37,4.57
87.151
89.795
41,217
San
Fr.
A
N.
P
a
c
.a
..
Aug.
789.810
53-2.971
1 7 8 .»10
162,910
532.461
J a n . I to Aug. 3 1 . . .
7,139
71,35 4
187.465
7 ,511
J n ly 1 to Aug. 3 1 ___
109.511
66.199
1,171
2,772
39,185
32,490
Say. Ainer, « M o n t..J u ly
5,5 40
2 40,4 45
8,701
255,031
10,823
J a n . 1 to Ju l y 3 1 . . . .
59,296
285,519
9 9.002
51,017
8 a r . Fla. A W est b Ju ly
253.337
066
740.517
017.910
Ja n . 1 to Jn ly 3 1 __ 1,989,2111 2,30 4.893
5.348
9,872
3,940
6.878
5,550
S tiverton.....................Ju ly
112,430
7,442
25, m
6.217
20,191
J a n . 1 to J u ly 31___
715.815
11,031
61,131
South C arolina A G a .H ay
.............
.............
1,610
33:1,951
Ju ly 1 to M ar 3 1 .... 1,021,926

12.189
22,762
152,757
142,57 4
533,3-14
590.015
3,481.5$'8 3.769,3 <9
90,063
129,146
3*15,702
416.519
996,102 1,017,770

S o ath ern Paelflo—
342,750
301.319
Gal. U. A S. A n t.b Ju ly
Ja n . 1 to J n ly 3 1 .. 2,532.263 2,191,596
04,350
L ouisiana W e s t.b .f u iy
63.416
605,867
615,944
Ja n . 1 to Ju ly 3 1 ..
388.718
I f g a n 's L a . A T . t r . J u ly
312,5*27
Ja n . 1 to Jn ly 3 1 .. 3 ,lo a,1 1 8 3,017,223

90,697
682,769
18.964
271,752
11,769
045,107

111,933
532,078
27,744
221,604
28,133
-115,727

THE CHRONICLE,

510
R o a d 8.

-Gross E arm ngs.1894.
1895.

- Net E arnings.1894.
1895.

$
So. P acific ( OoncVd) 6,093
3,076
* Y .Tex. & M ..b . .Ju ly
1^.682
I§,276
30,913
33.196
J a n . 1 ro Ju ly 3 1 ..
128,182
122,355
42,647
37,847
Texas & N. O - .b .- J u ly
114 899
104.332
329,93 L
362,476
Ja n . 1 to Ju ly 3 1 ..
918,748
833,1-7
210,796
159,777
A tlan tic Bye. b . ||. .Ju ly
833.403
878,225
J a n . 1 to Ju ly 3 1 .. 7,470,266 6,744.4 .2 1,992,511 1,55 4,473
631,790
Pacific s y s te m .b ..J u ly 2,9)3,065 ) ,8*7.905 1,112.909
.
J a n . 1 to Ju ly 31..17.630,385 16.631,520 5,3*2,7 8 5,603,064
842,586
T otal of a ll....... b . J u l y 3,786,468 2.736,190 1,272,686
Ja n . 1 to J u ly 3 1 ... .25,100.651 23,429.012 7,355,269 7,157,537
62,813
17,64 1
Affiliated lin e s.b .J u ly
346,656
362,783
361,599
5*0,350
Ja n . 1 to Ju ly 3 1 __ 3.000,961 2,597,o6:>
9J**,3<»d
G ran d T otal, b ----- Ju ly 4,136,121 3.101, *73 1,293,329
Ja n . I to Ju ly 31....2 8 ,1 0 1 ,6 1 2 26,026,578 7,9 25,619 7,519,136
180,956
429,463
8o. Pao. of Cal b .J u ly
947,978
507.040
J a n . 1 to Ju ly 3 1 .. 5,721.632 5,028,380 2,040,360 1,860,760
38,807
118,130
29,402
8o. P ac.of Arlz’a b .J u ly
150,190
377 841
354,993
' ly —
Ja n . 1 to Ju
3 1 .. 1,276,433 1,117,110
def.
6.781
54.735
28,767
80,024
So.Pac. of N. M.b ..July
74,782
5lO,r>02
172,195
608,323
J a n . 1 to Ju ly 3 l
17,572
101,042
43,868
189,132
N o rth ern R ailw a y .Ju ly
326.11
132,428
Ja n . 1 to Ju ly 3 1 .. 1,037,321 1,139,999
257.959
1,923,043
352,789
Southern R a ilw a y .a .Ju ly 1,4 86,937
J a n . 1 to Ju ly 3 1 .. 9,850,569 9,751,129 2,304,862 1,992,232
89.0 2
155,967
65.596
151,697
S taten l. Rap. T r .b .J u ly
235,874
61e,584
243,313
657,497
Ja n . 1 to Ju ly 31 —
5,955
9,386
6,
18
9,503
Stony Cl. & C. M .. b .. Ju ly
7,873
22,278
7,903
21,568
Ja n . 1 to Ju ly 31 —
237
929
386
1,384
S tu ttg a rt <fc Ark. RIv.Apr.
63,269 def.9,695 def.15.106
85,716
Sum m it B rau ch .e— Ju ly
525,554
71,506
def.12,93678,799
J a n . 1 to Ju ly 3 1 ---59,283 d e f.2 1.514 def.16,669
51,332
L ykens Valley © ...July
46 7,898 def. 19,754 def.19,8 2
392,261
Ja n . 1 to J u ly 3 1 —
121,557 def 31.209 d ef.31,775
137,048
T o ta l botli Co’e.e Ju ly
993.452
51,752 def.32, 8)
Ja n . 1 to Ju ly 3 1 ---- 1,071,060
def. 8 5 def.l,0A J
2,731
2,050
Tex. Sab. V. & N. W ..July
23,205
22,142
Ja n . 1 to Ju ly 31 —
301
2 ,2 2 t
99,317
79,908
Tol. A. A. <& No. M ..Ju u e
132,260
60,4 0
510,791
516,390
Ja n . 1 to J u n e 3 0 —
6 2,2"6
62,5 >3
177,984
169,"*86
Toledo <fc 0 . C e n t.b ..J u ly
247,92u
8 45,791
247,297
949,640
Ja u . 1 to Ju ly 3 1 ....
26,774
27,019
91,152
89,631
T ol.P eoria & W est. b. Aug.
102,664
123,348
560,583
627,511
Jan . 1
Aug. 3 1 —
160,19 2
41,122
40,890
167,502
J u ly 1 to Aug. 3 1 . . . .
20,816
19,138
51,241
49,203
U lste r & Delaw ’e...... Ju ly
55,619
224,104
39,749
2L9.907
J a n . 1 to Ju ly 31 —
U nion P aclilo—
384,134
444,416
Union Pac. R y ..b .J u ly 1,192,503 1,094,370
J a n . 1 to J u ly 3 1 .. 7,6 96,521 7,727,653 2,695,265 2,084,715
32 5,449
239,346
68.509
4 *9,266
Oreg. S.L.& U. N. b. J uly
687,683
J a n . 1 to Ju ly 3 1 .. 2,819,370 2,656,861 1,121,573
542
55,553
7,766
43,265
8t.Jos.& Gd. Isl. b .. Ju ly
461,046
38.512
3 .5,321
101,L7z
Ja n . 1 to Ju ly 3 1 ..
5,012
8.444 def 5,972 def.3,427
K an. C. & O m .b ....J u ly
36,671
73,873 def.24,986 def. 10.726
Ja n . 1 to Ju ly 3 1 —
9,701
30.262
2,710
20.561
Cent. B ran ch ... b ..J n ly
133,431
241,4L9
89,882
28,8o7
Ja n . 1 to Ju ly a l . .
Atcli. C. & Pac. )
Tlll_
18,821
25.746 def 6,960 def. 7,197
At.Jew.C.<feW. $
Ja n . 1 to J u ly 3 1 ..
146,200
218,217 def.33,922
9,846
437,74*
G ran d T o tal, b .t .. Ju ly 1, 69.184 1,668,879
679,725
Ja n . 1 to J u ly 31..11,733,767 12, *22,123 3,880,987 2,963,309
F t.W orth & D .C .b .Ju ly
75,146
87,936
6,806
12,607
184,104
Un.P.D.<3fcGulf.b. ...J u l y
262,711
15.42*
59,966
Ja n . 1 to J u ly 31 — 1,68 >,858 l,4 91,o77
295,065
216,990
763,602
317,814
W abash, b ................... Ju ly 1,074,023
116,937
Ja n . 1 to Ju ly 3 1 ---- 6,742,311 6,098,946 1,674,444 1,173,076
Waco A N orthw ’n— Ju ly
3,503
13,685
12,964
4,795
J a n . 1 to J u ly 3 1 ___
115,958
95,378
44,430
26,313
West J e rs e y & B r s ...Ju ly
20 .>,523
185,514
61,940
65,019
J a n . 1 to J u l r 3L___
909,237
862,8 53
234,927
217,075
W est Va. Cent. & P.A ug.
101,348
10 >,290
39,821
• 38,825
Ja n . 1 to Aug. 3 1 . . . .
710,2 S3
635,418
257,8 L9
22 L,901
J u ly 1 to Aug. 3 1 ___
205,533
211.137
78,104
76.8U6
W. V irginia <fe P itts..J u n e
35,085
30,345
20,044
14.489
J a u . 1 to Ju n e 30
172,355
178,0 ^7
93,768
95,870
West’n of A la b am a..Ju ly
36,964
33.974
5,180
9,598
Ja n . 1 to J u ly 31 ...
270,465
277,797
75,0*2
60,842
W estern Mary la n d ... Ju ly
117.291
122,700
43,827
50,315
Ja n . 1 to Ju ly 3 1 . —.
678,800
661,809
212,107
213,667
Oct. 1 to Ju ly 31 ...
9 8 8 ,o49
926,077
321,256
284,376
West.N. Y .& Penu. b ..Ju ly
309,306
3**9,050
101,208
127,338
Ja n . 1 to Ju ly 3 1 __ 1,801,769 1,625,4*4
45 7,866
456,7 77
W riglitsv. & T enn.. Aug.
6.237
5,573
2,866
2,246
Ja u . 1 to Aug. 3 1 ___
51,249
49,695
12,401
14,774
J u ly 1 to Aug. 3 1___
12,987
13,525
5,572
3,4b8
$

a N et earn in g s h ere g iven a re a f te r deduoting ta x e s ,

b N et earn in g s here given a re before deduoting ta x e s ,
d A fter d ed u ctin g o th er ex p en d itu res for rep airs, rep lacem en ts a r d
g en eral expenses, n et iucotue applicable to in te re st on bonds in Ju ly
w as $74,772, ag ain st $62,538 la s t year, and for seven m o n th s to J n ly .il
$oc0,.>4o, ag ain st $ 4 9 7 ,2 8 * ; a fte r adding earn in g s received from Fed­
eral G ov ern m en t n et from Ja n u a ry 1 to Ju ly 3 i , 1395, w as $560,3*0
ag ain st $5 4,9o3. lh is is th e re su lt in M exican dollars tre a te d
(according to i he com pany’s m ethod of keeping its accounts) as equi
T aieut to sO cen ts in U nited S tates m o n e y - th a t is, all depreciation
beyond 20 pet cent has alread y been allowed’for.
e R esults of coal turning o peration only.
I M ail fo r J uj>. t »9o. n o t paid until A ugust, 1895.
g Including o th er incom e, the n e i f oui Ja n u a ry 1 to A ugust 31 w as
$185,832, ag ain st $'29o,96* for 1894, an d from. J u ly 1 to A ugust 31,
$59,837, ag ain st $78,501.
* A fter d ed ucting p ro p o rtio n due roads o p erated on a percentage
b a n s and including resu lts of operations of au x iliary com panies, net
m Ju ly , l» 9 d , was $405,394, ag ain st $377,673 in 1894; f o r s e \ e n
m onths ended J u ly 31 $.5,043,7 4, agai> s t $1,9*3,345, an d for te n
m o n th s from O ctober I to Ju U .il *.$,698,7*1, a g a in st $3,7*9,140.
t Includes only one-half of lines in which Uniou Pacific has a p a rt
in te re st. Figures a rc given exclusive of resu lts >n O .egon Railway &
N avigation, Union P,.cific D enver & Gulf. F o rt W orth A D enver C ity,
L ea\ en wort li Topeka «fc South w estern an d M ontana Union.
} May and J u n e for i8.<5 estim ated.
II Including incom e from ferries, Ac.

rvoL, l x i ,
M iscellaneous Companies.
---- N et E ar m u g s ----- .
1&94.
1895.

,----Gross E a rn in g s.1895.
1894.
Denver G a s-L ig h t...Ju n e
Ja u . I to Ju n e 30 ...
Edison E U l.Co.,N .Y . Vug.
Jan. 1 to Aug. 3 1 ___
Ed. El. 111.Co., Bklyu.Aug.
Ja n . 1 to Aug 3 1 ....
E rie Telg.&Telep.Co.July
Ja n . 1 to Ju ly 3 1 __
Laclede Gas-L. C o ... Aug.
Ja n . 1 to Aug. 3 1 __
M ilwaukee Gas-L. Co. Aug.
Ja n . 1 to Aug. 3 1 ___
Oregon Im p. C o .a ...J u ly
Ja n . l to J u ly 3 1 ___
Dec. 1 to J u ly 3 1 ___
Pacific M a il... ...... Aug.
Ja n . 1 to Ang. 3 1 ___
May 1 to Aug. 3 1 ___
Tenn. Coal 1. & R R ...A ug.
Ja n . 1 to Aug. 3L__
Wbitebr’s t F uel C o ..Ju n e
Ja n . 1 to J u n e 3 0 ___
Ju ly 1 to J u n e 3 0 ___

$

$

$

9.624
90,919
53,015
58 4,255
16,948
129,533
45,654
259,689
60,753
520,898
24,781
240,002
32,931
1*5,728
207,621
23,536
50*,616
217,225
107,923
582,760
d ef.1,697
16,532
48.969

112,927
122,548
1,194,174 1,046,279
30,251
51,328
247,824
•343,574
94.674
90,335
589,157
610,811

273.904
1,844,897
2,122,093
316,002
2,607,103
1,137,569

376,960
2,186,184
2,467.161
2-*4,853
2,246,291
1,007,210

$

8,«37
83,034
43,691
493,758
11,350
107,268
31,306
229.900
53,113
471,382
22,939
199,872
92,835
396,201
417,745
19,665
361,977
221,264
36,700
361.900
1,799
38,109
120,895

Interest Charges and S u rp lu s. —The following roads, *n
Riition to their gross and net earnings given in the foregoing ,
dso report charges for interest, &c., with the surplus derm
N>\7p nr holovr those charges,
r-lnler*t, r e n ta ls. &<.
1895,
1894.
Roads.

$

■Bat. o f N et Earv>

$

1895.
9 non

1894.

%

57,489
Camden & A tl............Ju ly
14,785
15,859
4b,283
36,835
Jan . 1 to Ju ly 3 1 __
99,509
85,907
3o,744
51,115
Ohio. Burl. & Q uincy.July
815,000
797,248 . 2 8 , 2 9 0
574,859
Ja n . 1 to J u ly 3 1 .... 5,705,000 5,580.734 df.266,805
32,713 def.6,671 def 8,163
:hic. & West M ich... Ju ly
33,516
231,230 df.102,138 df. 108,349
Ja n . 1 to July 3 1 ___
235,708
232,468
5,13 1 df 127,749
Clev.Cin. C h.& 8t. L. .Ju ly
235,078
36,802
4,572 def.6,966
Peona& E a ste rn . .J u ly
36,802
203,919
115,018 def.68,315
Denver & Rio G r’d e ..Ju ly
179,343
30,575 def.6,665 def.13,084
Det. Laos. & N o r...... J u ly
29,965
210, 60 def.85,506 df. 112,23d
JaD. 1 to Ju ly 3 1 ___
210,724
50,950
4,003 def.4,500
Flint & P ere M a rq ...J u ly
51,031
360,958 def.9.891
107
Ja n . 1 to J u ly 3 1 ....
357,817
11, 00 def.4,683 def.1,552
Kanawh a & M ich___J u ly
10,176
108,271 def. 11,225 def.5.741
(Can. C. F t. 8. & M .. J u ly
109,904
11,229 def.9,280 def.4.091
(Can. C. Mem. & B ir..Ju ly
13,871
56,925
67 260
55,505
... E rie & W est’n .......Ju ly
57,665
393,337
430,205
322,478
Ja n . 1 to Ju ly 3 1 __
403,004
130,026
59.098
51,71.4
Sash v. Chat. & St. L. Aug. 125,225
254,097
84,023
69,637
Ju ly 1 to Aug. 31 . ..
250,450
3,556 def. 1,709 def.1,639
Sag. Valley 4c St. L. .J u ly
3,556
24,897
def.16,442
def.9.898
Ja u . 1 to Ju ly 3 1 ___
24,897
1,558 def.8,166
t27,300
St. Louis Alt. & T. H . J u n e t29,464
68,348
44,886
Ja o . 1 to J u n e 3o . . . tl9 6 ,5 5 5 1197,173
J20
.',197
144,015
Ju ly 1 to J u n e 30 .
1113,309 t432. 33
20,328
25,984
17,233
S a n F ra n .& N o .P a o .. Aug.
17,129
25,252
3 *,495
138,515
Jau . 1 to Aug. 3 1 ___
13 -',658
37,
96
41,075
34,466
Ju ly 1 to Aug 3 1 ....
34,258
59,188 def.23,000
59,700
Tenn. Coal I. & RR . Aug.
48,735
181,915 df. 116,300
478,200
Ja n . 1 to Aug. 31 ..
400,845
>19,674
*27,125
35,211
Toledo & Ohio Cent. .Ju ly
43,251
33,643
37,973
27,046
Most Je rse y & B r s .J u l y
28.297
63,951
81,231
135,854
Ja u . 1 to Ju ly 3 1 ___
170,976
t Including 36,860 receip ts from in te re s t an d dividends to ta l n e t
w as 3209, '57.
* A fter allow ing for o th e r incom e received.
I These charges a re sim ply for t a l e s an d re n ta ls of leased Uue3 and
do n o t in clu d e Coml in te re st.

STREET R vIL W A Y S AND TRACTION COMPANIES.
T h e f o llo w in g ta b le s h o w s t h e g ross e a r n i n g s f o r t h e l a t e s t
p e rio d o f a ll s t r e e t r a i l w a y s f r o m w h ic h w e a r e a b le to o b ta in
w e e k ly o r m o n th ly r e t u r n s . T a e a r r a n g e m e n t o f t h e t a b l e is
t h e s a m e a s t h a t f o r t h e s t e a m r o a d s —t h a t is, t h e f ir s t tw o
c o lu m n s o f f ig u r e s g iv e t h e g r o s s e a r n i n g s f o r t h e l a te s t
w e e k o r m o n th , a n d t h e l a s t tw o c o lu m n s t h e e a r n i n g s f o r
th e c a l e n d a r y e a r f r o m J a n u a r y 1 t o a n d i n c l u d i n g s u c h
la te s t w e e k o r m o n t h .
STREET RAILW AYS AND TRACTION
G r o ss
E a r n in g s .

Baltim ore T ra c tio n ...
B ath St. Ry. (N. Y )..
Biugham ton St. R y...
B ridgeport T ractio n .
BrocKton Con. St. R *.
Br’klyn Queen*- & sa b
Brooklyn T ractio n —
A tlantic A ve.........
B rooklyn B. & W. E.
Total ....... ..........
Buffalo R y ...................
C hester T ra c tio n .. ..
Fine, v So Side R- T.
Ciu. N ew port & Cov..
City Elec. (Rome,Ga.)
Cltize s’, I d iau ap ’lis
Citizens’ T rao.,P ittsb.
Cleveland E le c tric ...
Columbus KR. lU a .)..
Columbus st, Ry (O.)
Coney Island «&B ’lyn.
D enver Con. Trainw.
D uluth St. Ry.. .
E le ctric T rac., Pliila

L a te s t G ross E a r n in g s .
W eek o r Mo

1895.

1 s94.

12daysSep 45,287 36?147
2,96 i
A ugust___
2,455
A u g u s t__ 13,«72 13.852
3,846
2d wk S ept
7,01
J u l y ........... 27,299 2 1 ,68,1
J u n e ......... 62,54? 53,561
A u g u st___ 8 2,08<
A u g u st___ 29.266
A ugust___ 117,288
A u g u st__ L58.77I
J u ly ........... 24,891
J u l y ........... 54,131
J u l y ............

A u g u st___
A p ril.........
J u l y ...........
J u n e ..........

J u n e .........
2d wk Sept
A u g u st___
J u l y ..............

J u l y ...........
A u g u st___

58,883
1,952
74,202
53,.>91
135,063
*5,027
14,263
47,3i 9
7 ,751
19,30
24 L,399

82.895
21,366
111,520

110,011

COM PANIES.
Ja n . 1 to L atest Date.

1895.

1894.

14,968
84,522

13,011
76,144
83,613
119,420
25 o,684

2 12,26145,892
263,09o

544,32
641.332
109,088
95,100
659,35*- 743,6*1
L,105,839 1,006,975

56,537
47,9 W

431,922

407,070

64,209

264,393

235,910

118,812 691,197

607,577

342,626 267,673

49,075

11,206
39,222

6S,9n6

19,205
154,298

*19,795
412,284
271,oOl
406,89u
118,o37

393,660
223,405
420,480
112,416

THE CHRONICLE.

September 21 1895,]

L a te st E a r n in g s M eaorted. J a n . 1 to L a te s t B a te.

511
G ross E a r n in g s .—
1894.
1895.
£
$

-N e t E a r n in g s .—
1895,
18 9 4 ,
ttanas.
8
8
I n te r - S ta te C onsol. S tr e e t
£
$
8
8
1 3 .5 3 2
B y. (S o . A ttlo b 1 . A ug.
7 ,8 0 5
1
7
,9
1
6
9
9
,3
9
9
A
u
g
u
s
t---18
,9
4
E r ie E lec . M o to r C o ,.
A u g u s t---- 21,1 3 5 18,9 9 3 1 4 7 ,0 o 2 129*,9 e i L a k e sid e B y . (M a lta n o y ,P a .)
G a lv e -to n (M j By
1 0 ,5 0 0
ja r i. 1 to J u n e 3 o ----3 ,7 4 3
1 2 ,551
4 .3 7 6
S,4=3
L e h ig h T r a c t i o n . . a A ug.
6 ,9 2 3
A re k s tr e e t t ............ - 4 w k S e p t
6
)
4
1,353
7 8 ,7 7 4
J a n . 1 to A u g . 31 . . .
3 0 ,4 2 1
B u m S t r e e t ! ............. 2d w k S ep t
5,0 0 0 3 4 0 ,9 4 8 2 1 3 ,0 2 7 L o ra in S tr e e t B y ...A u g .
10,336
T«tal< .................... 2d w k S e p t
8,145
4 ,1 1 4
8 ,0 o l
H o e sic k B y ................... A u g u s t—
1,28#
5 1 ,2 4 4
J a n . 1 to A ug, 3 1 ----2 5 ,8 1 1
lu te ti- t.lie C o a-o l. o f
1
05.282
9
9
,7
3
3
L
ouis
v
illa
K
iiilw
a
v
.
J
u
ly
4 2 .761
4
6
938
1
3
,5
3
2
N o rth A tlie b o r o ... A u g u s t .. . .
7 0 2 ,3 2 5
6 7 5 ,7 4 0
J a n . 1 to in ly 31 . . .
3 2 6 ,7 9 1
3 1 4 ,2 7 6
12,554
L e h ig h T m e ito u ..........A u g u s t ...
78,77*4
5 2 .4 2 3
Lock H a v e n T r a c tio n J u l y ............
2,569
2 3 ,0 1 3
L o w ell L a w r'e e <fc H . J u ly
3 3 .0 6 9
1 2 ,1 1 3
3 ,1 4 5
2 3 2 ,8 3 5
51,2 4 4
8 1 ,0 9 7
1 1 4 ,1 2 6
L o rain S t. B y ................A u g u st.
J a n . 1 to J u ty 31 —
3 2 ,1 6 5
t
- B
. . . . tth w feA ltg • J S .'iS 23,6 5 7 8 0 8 ,122: 7 7 0,738 L y n n A B o s t o n ..........J u ly
173,839
1 0 8 ,1 4 3
1 5 9 ,7 2 0
8 5 ,1 2 4
L ow ell L a w . A H a v .. J u l y ........... 52,5 2 3 3 3 ,0 6 9
- - 1 4 8,428
7 0 5 ,7 7 0
7 7 5 .6 2 7
J ao. 1 to J u ly 3 1 ----3 0 7 ,2 4 )
2 7 1 ,7 8 4
L y n n A B o s to n .......... 2 d w k S e p t 31,19ti 25,974 1,0 2 2 .9 U
9 1 3 ,9 5 3
3
9
7
,8
8
1
9
6
1
,1
3
1
O
ct.
1
to
J
u
ly
3
L
—
1
,0
6
2
,1
6
7
3
1
9 ,1 0 1
4 ,1 7 5
7 ,4 4 0
M etso p .lW a sb ., D. 0.1: r i d a y s s e p
2.913
4 ,8 2 0
2 7 ,9 1 2
*16,337 M a rk e t S tr e e t B y .—
M o n tg o m e ry a t By J u l y . . . . . . .
J a n . 1 to J u n e 3 0 — 1 ,4 3 9 .5 3 3 1 ,5 1 9 ,5 8 9
4 8 6 ,0 2 1
3 1 1 ,3 5 3
M o n ire „ i S tr e e t B y .. A u g u st. - 109,316" 9 0 .2 0 2
2,9 1 3
4.S 29
7 ,8 6 7 2 7 ,2 2 3
N a sh v ille S t. B y ......... M ay ............ 2--------1,192
2,141
M o n tg o m e ry S t. K v .l u l y
2 7 .9 1 2
H e w E n g la n d S t —
J a n . 1 to J u ly 3 1 ----10,193
1 6 ,3 3 7
1 ,9 3 0
16 1 ,3 "9 1 4 1,105 N a sh v ille S tr e e t B y . M ay
W ts rlir.-le r A r * . . . A u g u s t----- 3 3 ,5 2 5 2 7 ,6 4 2
2
7
,2
3
3
2
7
,367
1
2 ,1 6 2
1
2
,8
3
8
4 ,6 1 9
2 0 ,8 0 2
2 1 ,248
P i j tn ’r.li A K in g s to n A u g u s t----4 ,8 2 0
3 0 1 .1 7 0
M ay 1 to A p r. 3 0 —
3 1 1 ,3 9 6
1 0 1 .9 5 7
1 2 5 ,5 2 7
5,322
T o t a l ....................... 2d wk s e p t
5,9 4 6
7 1 ,1 9 0
1 2 0 ,0 8 9
4 0 ,6 2 5
2 2 ,2 5 1
S e w H a v e n S t. By . . A u g u s t . . . 23,985 16,49 4 1*31’,0 5 7 1 7 8 ,3 1 8 N ew O rle a n s T ru er.. J u ly
76 1 ,4 19
3 2 1 ,4 9 3
5 3 0 ,7 3 3
J a n . I t o JTnly 3 1 . . .
1 8 5 ,2 5 7
7 3 ,4 9 0 7 6 1 ,449: 5 3 0 .7 s3
H ew O rle a n s T ra c tio n J u l y ............1S o ,0 8 8
8,8 5 7
6 0 ,0 *0
N e w to n 8 t I f . _____ J u n e .......... 1 0 ,6 4 s
5 9 ,3 1 1
S . Y. A H a rle m . . . . J u ly
1 0 ,6 2 0
2 0 ,4 1 7
S . Y, A H a r le m .......... J u l y . . . . . . . Oo.oSv 59,314
6 1 5 ,0 2 1
6 1 5 .0 2 1 6 5 6 ,2 8 2
J».n. I to J u l y 31 —
2 5 4,167
2 2 3 ,9 6 9
6 5 6 ,2 8 2
N o rth a m p to n S t By.
1 0 ,3 1 5
N o rth a m p to n S t By. Aug,
6,324
4 ,0 3 9
6,451
5 8 ,2 0 5
6.324
(M as* ».........................A u g u s t------ 10,3 1 5
5 8 ,2 0 5
J a n . - t to A ug. 31 . . .
2 8 ,5 5 1
P a te rs o n B y ..........
A u g u s t .. . . 2 9 ,9 0 : 2 3 .6 7 2 1 x 2 .1 8 3 1 5 9,847
O
a
k
la
n
d
(
C
a
ll
C
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su
l.—
128,724 1 ,3 3 9 ,4 8 5 7 4 8 ,5 1 6
i ---- ■■.. ■- -I:... • :.
. - ■
J a n . 1 t o J u n e 3 0 ___
6 2 ,3 4 2
1 6 ,2 4 3
a i.is a
P o ‘k e e p « i* S W ap p F . A u g u s t .. .. 10.408
B e a d ! a T r a c tio n ........... A u g u st. . . . 22,954 15,7 6 0 122,401 io?*,7o‘i P a te rs o n R a ilw a y ...A u g .
2 3 ,9 6 7
2 3 ,6 7 2
8,8 3 1
11,361
3 ,6 3 6
R o a n o k e S t t w t ..........A u g u s t—
4,<i23
J a n . 1 to A ug. 3 L----192,183
5 4 ,1 5 1
7 8 ,9 1 1
15 9 ,6 1 7
492,8*90 P'k-ps>.CttyA W P a lla A u g .
R o c h e s te r B y .............. A u g u s t .. . . 8 3 ,# t 4 7 2 ,4 4 1 5 7 1 ,7 5 4
10,106
4 ,0 1 2
9 ,» 8 5
S a v a n n a h E l e c t r i c . . . M ay. . . . —
8 ,3 9 6
J a n , l to A ug. 3 1 ___
6 1 .1 5 3
2 3 ,9 7 1
1 ,-2 5
B ctiO Jlkl I tr a c tio n .. 2 d w k s e p t
2211*1
B e a d in g T ra c tio n . .J u n o
1 7 ,326
18,858
4.814
S rh u y ik itl V «i. T rae .. J u l y ............
5JS4 j
7 0 .161
J o n . I t o J u n o 3 0 ----2 9 ,191
68,1*70
1 2 .5 3 1
Serai, to n T t a c tio n . . . A u g u s t........ 2 » ,» 5 9 2 3 ,3 9 2 1 8 8 ,0 2 5 1 0 4,199
S e c o n d a v c . t P u t s b *'A u g u s t.. . 4 1 ,5 0 # 20,002
B o e h e e te r B a il w a y . . J u ly
6 6 .1 0 5
80,823
3 7 ,7 0 7
2 9 ,6 2 6
13,* 14 14,7.4)
S y r a c u s e t o ii-o i ......... A ugust ,.
J .in . 1 to J u ly 3 1 —
4 8 8 ,0 9 0
1 8 9 ,6 6 3
4 2 0 ,4 4 9
172,491
23,6 1 4 15,309
155,4 *7 1 0 4,229 S a v a n n a h E lec . B y .-M a y
S y ra c u s e S t K B ..........A u g u s t ...
8,396
921
1,977
9
.9
8
5
7,571
3 4 ,3 8 8
T a u n to n H t B y .......... J u n e
24,959
2 3 ,3 9 2
9 ,2 4 1
1 4 ,797
6 0 ,8 1 7
4 3 ,556
, . . S cran to n . T r a e tlo n ...A u g .
T e r r e H a u te K .'c. By J u n e ......... 12,837 10,075
188,025
J a n . 1 l«*A uc. 3 1 ---8 4 ,2 9 5
1 6 4 ,1 9 9
6 5 ,9 3 5
A u g u s t ... . - t 'v » s ) 2 o :..a '* i
1 ,7 0 2 .1 0 5 1 ,3 5 3 3 3 1
T h ird A ve. iN . V'.>
5 7 ,257
J u ly 1 m A ug. 8 1 . , . ,
2 9 ,9 3 9
4 8 ,328
2 0 ,6 1 3
T o ro n to S t. K >........ A u g u s t ,. .. :*2,53J 8 7 ,7 4 1 8 3 7 ,7 0 0 6 1 9 ,1 4 4
T w in C ity K an. T r a n . J u l y .. 1 7 6 ,0 .0
190, 04 1 ,1 0 1 ,3 2 7 1 ,1 24,538 a t o m C ity T r .ic tlu u —
9 7 .1 0 8
U n io n (N. lk -d ru m i... J u ly .......... 2 1 ,9 3 0 2 1 ,7 0 0 110,7*1
13,793
J u n e 1 t o J u l y 3 1 ___
1,767
18,108
5 ,4 9 6
74,381
l.'i bin H) . l .i i l i - j K i J u l y - H ,8 8 .
T h ird A ve. (S . T . |. , . J u l y
24 9,000
2 0 -.0 0 0
1 1 6 ,0 0 0
1 10,00 0
U n io n B y. tS a ra to g a t J u n e ..........- 1,575
J a n . 1 to J u l y 3 1 . 1 ,7 6 ,-,t» 5 1,35 3 ,8 3 1
W .iv tic ld A - to n e . A u r u a t . .
7 ,5 4 .
5 ,t3 J
37,4 6 *
2 4 ,618
4 9 ,9 3 1
8 7 .7 4 1
8 2 ,5 3 3
42,034
1*5,001
U a t r f "ir>-TraetH K l. A n g u a t - 23.401 1.8,034 1 5 7 ,3 7 7
. . • T o ro n to S tr e e t B y .. A n*.
613434
J a n . 1 to A n*. 3 4 . . . .
63 7 .7 *0
3 0 9 ,7 5 7
2 5 8 ,0 8 0
W »at E n d
................ A u g u st___! 73.8,000|oi.l't.tB-O 5 ,0 s 1,000 4 ,4 “ l ,000
1A*•*( - b o r e IC o im .l.. A u g u s t ...
3 ,7 2 3
2 ,7 4 3
19 0 , *.05
T w in C ity R a p id Tr. J u l y
1 7 6 ,6 2 6
1 1 6 ,8 6 2
1 0 6 ,9 4 3
W llk e -b A W v. V a tle j J u n e ......... 3 0 ,0 .4
3 3 ,(3 7 1 8 8 ,2 3 4 167.8 51
6 0 7 ,7 6 *
J a n . 1 to J u ly 31
1 ,1 0 1 ,9 3 7 1 ,1 2 4 ,5 3 8
5 8 7 , t*0S
W itm ia a t. n s t f r e t
J u l y ____ . . .
,* ,« t!
3 ,9 0 3
......................... ..
U nion K y .is jg tn s w !. J u ly
14 8 37
9,667
J u l y .........
4 2 A 7 3 : 3 6 .6 8 9
2 3 9 ,2 1 7 2(»:t,773
Wo*e»«t<sr C o ia o L .
J s a . 1 to J u ly 3 1 . . .
74,301
3 5 ,0 0 0
570
2 ,1 4 7
U nion K y.of 8 < r a t'a .J u n e
1,575
493
I W .c k ty n ia s e m - m a d o n o t ia e ta d e a m o u n t r e c e iv e d fro m tro lley W a te rb a ry fr a c tio n - A u g .
13.504
1 8 ,054
2 3 ,4 8 1
p a n ic * , w h ic h t* s e p t s e p a r a te u n til e n d o t m o n th .
6
4
.6
*9
9
5
,9
0
4
J a n t to A ug. 31 . . .
1 5 7 ,3 7 7
3 3 ,5 3 7
•Alike**. A W y V ai. J u n e
3 9 .614
1 9 ,7 0 9
2 8 ,0 7 7
S t r e e t R a i lw a y N e t K a r n in ir » .— In th e fo llo w in g w e sh o w
167,0 >l
J a n . ! to J u n e 10 . . .
1 8 8 ,2 3 4
8 9 ,9 0 7
7 2 ,2 3 6
b o t h t h e R iim h a n d t h e u<-t e a r n i n g * t o U t**st O a te s o f a l l ST R E ET I W o rc este r C on s i . tty ,J u ly
3 6 ,8 8 9
2 3 .1 0 2
4 2 ,5 7 3
2 0 .0 3 9
r a i l w a v * f r o m w h i c h w e h a v e r —• n a b l e t o p r o c u r e m o n t u l y
2 0 3 ,7 7 J
7 9 ,3 8 4
J a n . i to J u ly 31 . . .
2 3 9 ,2 1 7
0 1 .7 0 4
ret u r e a . A * t o t h e i s m - o t t h e * te a o » ro ad -* , t h e r e t u r n * o f t h e
a. N ot e * rn l» g * h d r e g lv e n a r e A trer d e d u c tin g t o l M .
d i f f e r e n t r o a d * a r e p u b l i s h e d b y u* e a c h w e e k m a o o u a* r e b N et eahsl«K » h e r e g iv e n
b e fo re d e d u c tin g t see*,
r e iv e * I , a n d o n c e a m o n t h ( o n t h e t h i r d o r t h e f o u r t h S a t u r ­
i B o n d iu pri*ee-» a t ro e o u n iru o U u n .
d a y o f t h e m o n t h ) w e b r i n g a ll t h e r o a d * r e p o r t i n g together,
a s is d o n e to - d a y .
Earning *.—
- S * i E a rn in g * .
ANNUAL REPORTS,
1894.
1S:<5.
lM * .
A cid*
#
*
«
2,961
2,4.55
1 ,6 1 2
B a th S tr e e t B y ..........-VugHim rltle Cliattanoopi is Nt. Loai* Hallway.
s ,m o
13 ,> 1 1
J a n . 1 to A b b . 3 1 . . . .
14,9*4
f K f j x r r i f o r t h e y m r e n d i n g J a n e J O , 1 8 9 5 ,J
13,573
1 3 ,9 5 8
B ln g b a a tto u 8L By Ang.
7 ,6 5 0
n 4 tm i
7 0 .1 4 4
8 4 ,. W
J mu. 1 to A o n 3 1 ___
T h e r e m a r k s o f P n n t h o t J . W , T h o t a i a w ttl b o f o u n d o n a
19.431
32 ,3 1 1
1 0 ,0 3 2
su b seq u en t page.
B c f te e p o r t
a is
6 4 ,0 1»
74,01*3
1 6 3 ,6 4 3
J&it* X i » J a i j sit
T h e s t a t i s t i c s f o r f o u r y e a r s , c o m p ile d f o r t h e C h r o n ic l e in
1 ,4 4 8 t h e u s u a l f o r m , a r e a s f o ll o w * :
17,190'
2 1 ,‘A 2
10.3 8 7
B ro c k to n O oo * t B y J u ly
3 5 ,9 5 2
l i l t .4 2 0
# 0 .1 4 0
J * n . 1 to l a i y 3 » ___
1
o rm u T io M s ,
19.131
I3 .M I
3 4 ,9 7 2
# 2 JViS
W U lfti
virStt b J w m
1891-92
1892-93.
1993-94.
1994-1994-95.
4 1 ,369
7 5 ,0 7 7
2 6 3 .0 9 5
1 J « t i « 3 0 ,,.,
8 10
810
8 84
902
y H 'm i-tfU W m t,..,
Brook!*** T im et loo—
1 1 ,4 9 6
3 4 .7 8 9
66,55.5
92,51 4
A U an tio A v en u e .J u ly
161
161
163
161
2 1 4 ,0 6 4 Sen b m o tiv e * . . . ..
4 6 2 .2 4 0
55*407
d e f.1 2 6
J a n . 1 to .u iy 3 t . .
15 2
151
15 4
150
13,928 P a * » e tjg e rc * ra . . .
2 0 ,9 48
11*000
‘I S A M
B 'k iy n B A w E n d m iy
4,393
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4 9 ,8 0 6
1 1 7 ,2 4 6
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O peraH ons—
2*4.H2« P a -d a n g e rs c a r r i e d .. .
8 0 9 ,3 5 0
7 4 3 ,691
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1 ,1 6 3 ,1 0 4
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1 5 8 ,7 7 6
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140,011
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2*52 0t*.
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2-50 eta.
4 3 3 ,0 0 S i i t * p e r (*».*».,**ru!if« 2*5* ..r*.
J a n . t to AO*. 3 1 . . . 1.1*05A y a 1 ,0 0 6 .9 7 5
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R »*M 80S AND UtPUNUt*.
14,7 ...8
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C U t t a e (F a * T » c t . . J f t l v
1 8 04-95.
1493-94.
1892-03.
1 991-32.
1 0 7 ,5 7 2
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3 ,8 0 1 ,9 >4
F r e i g h t ............... .......... 3 ,2 7 9 ,7 0 *
3 2 ,3 0 0 ' M ail, e * p „ r e n t* . A c .
7 4 ,-0 2
6 4 ,2 *9
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C IM loW o t In d -im p Apr.
3 6 7 ,6 1 0
3 7 3 ,2 7 6
3 3 9 ,8 3 8
3(5»,.)5.8
9 0 ,2 5 1
8 8 5 ,9 1 0
1 0 8 ,1 2 8
2 6 4 ,3 0 3
J * c . i to A pr. 3 0 ___
4
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6
2
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2 0 0 ,8 2 3
2 3 3 ,7 7 3
6 9 1 ,1 9 7
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7 1 2 ,2 8 0
8437573
4 63,211
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9
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55,027
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4 0 6 ,1 1 5
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81:8*38.8
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1,6**5,254
1 ,4 1 7 ,0 0 0
C o n d u c t, t r a n a p o it'n . 1 .8 0 4 .0 *4
2
3
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8
7
29*112
5
5 5 ,3 3 2
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5 3 1 ,2 0 2
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$ 0 ,4 5 4
1*9,241
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1 9 7,675
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1 ,9 9 2 .3 7 4
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1 ,8 5 0 ,4 8 3
A p r, 1 i # AttSf.i *i 1 .» ..
1,8.82,142
24.443 P. c. op. i-.xp. to B»rn.
62-09
70.751
2 6 .5 3 9
m & m
5 9-09
6117
D e n v e r Von. T f mm w .J n & j
59 16
1 6 0,976
1 5 2 .-8 0
4 2 0 ABO
4 0 6 .9 9 9
J aii . 1 t o J n >- 8 1 ___
ISCOMB ACCOUNT,
fiM b v i l i w l E a ilw s if—
1891-92.
1892-93.
1893-94.
1 8 9 4 -9 5 .
3,001
B, 111
17,1 4 6
2 8 ,7 4 0
t W Sum t
*
*
#
JU ceip it—
1 0 .7 9 0 N et e ar- Sues............... 1 ,8 8 2 .1 1 2
1 1 ,3 8 4
2 ,0 2 9 ,0 0 7
1,9 *2,374
1 9 ,1 0 3
12,2 0 5
SM \Qfh 8 Ifc c 1 E j ., . J U if
1 ,8 5 0 .1 3 2
4 4 ,27* Iuvoatm om e..............
3 1,830
6 4 ,1 2 8
11.9.537
1 1 2 .4 1 #
i7 u ,o 6 1
J » o . t <o J n ty 31 . . .
33,4.12
1 8 .424
8,083
10,062
l» ,« 9 .t
2 4 ,1 3 5
(SalT M ton C ttj « B .a Aug.
2 ,0 6 0 ,8 9 3
2 ,1 6 2 ,4 3 5
1 ,8 8 3 ,9 1 4
T o ta l I n c o m e .,.. 1 ,9 0 0 .5 0 0
4 4 ,2 3 1
5»,4t>«
1 4 7 ,0 0 2
1 2 0 ,9 0 1
J * n . 1 to A ug. 3 1 ---G r o -sS
E a KNINOS.

'W eek o r Mo

1&95.

*Bead in pecHv,*«t reconatiscoon.

1094.

18 9 5 .

18 94.

THE CHRONICLE.

512
1894-95.
$
952,645
124,780
40 ',000
21,859
I m p r o v e m e n ts .............
420,012
R ental W. & All. RK.

1893-94.
$
902.890
119,631
250,000
25,537
42 *.012

1892-93.
*
891,915
120,d id
500, >00
51 351
42 1.012

1891-92.
$
829,905
120,811
509,000
1 H .1 1l
420, 12

T otal d lsb u rse m 'ts. 1.91M.2 6
def. 1^,730

1,7 i8 .l JO
165.794

1,083,507
178,738

1,9*4 *,639
72,254

D isbursenunli—

G EN ER A L B i L a NCE S H E E T J U N E 3 0 .
A ffls—

1895.

1»94.

1893.

$

*

*

Rmid and equipm ent. 25,20(1,821 25,032.001 24,734,320
2 >3,7 70
20 , . '6
M at rials .n d au nd’a
191,47 1
89 .5 '2
9 3 -, 9 i
Btni'ks and t>Oud< . 1,63 ,6 37
30.094
27.330
Bids r ,re 'v a b le .-----54.572
ft=.,4 47
55.147
Real esta e .
.......
5V 447
31 ,335
3 5,169
Du.* from agents, Ac.
521.595
491.137
46 ■,552
Gash on b a u d ..............
498,734
647,919
670,774
A dvances to W. & A .....................
T otal .................... 28,203,27? 2 7 ? 3 6 ,5 0 0 27,427,808
7,10bi H its—
C apital sto c k .............. 10.000,000 10,000,000 10.009.009
Bonded d e b t .............14,923,000 14,923,000 14.783.009
550,617
768.718
Bills p ay ab le.............. 1,029,250
398,459
398.719
In lo test. .....................
403,356
144,557
19,180
D ividends....................
119,001
206,788
233,588
Pay-rolls, &0......
217,241
35,219
31.458
38,976
M iscellaneous .........
1,456,804
1 ,309,i63
P io fita n d l o s s . ---- - 1,472,424
T o t a l ................... .28,203,279 27,836, ;0 0

|VOL. LXI,

by this o p eratio n have aulHoed to d lso h a rse th e flo ( tin s o b lig atio n s of
th e com pany, as ap p ears by th e balance sheet, subm itted.
Holders of equipm ent notes, am ounting w ith in te re s t to d a te of m a­
tu r ity to $150,849, declined to receive payrnant tinder discount.
Wuen. bow ever. these notes shall have beeo paid od a t m at.u-ity the
oo npany w ll becom e th e ow ner of eq u ip m en t eostinu $293,221, and
will be en titled to recstve ag aio st th e s ime $ !9 l,0 9 9 of th e equipm ent
sinking fu n d bonds now in h ands of th e tru stee.
I n d ia n a & I l l i n o i s S o u th e r n .—The ion version of the Switz

Citv oraDch to standard gauge has brought the company’s
li >e within a few miles of the Illinois coal field, through
1892.
vhich extends an exi.ting line known as the Indiana & Illi­
«
nois Souther a, from Switz.City on the company’s line to
23,950,3*4
350,362 Effl igham on the Vandalia route. This line isuafortunately
2,04 ',572 at present in such dilapidat *d conditiou that au interchange
31,4 12 of cars is not practicable, but it is hopsd that its owners will
56,007
311,666 be able to improve its condition so as to emols its safe oper­
657,640 ation, in which case the Monon will be aole to inaugurate a
429,119 large coal business with the mines only tix miles from S witz
City, and with St. Louis, with which the Monon Company al­
27,845,983 ready has a verv considerable traffic.
10,000,000
P h y s ic a l C o n d i t io n , E t c .—The following table gives various
14,154.000 statistics rela ing to track, equipment, train-loads, etc.,for the1,546,844
394,329 fiscal years ending June 30,
143,193
281,939
44,134
1,281,237

27,42 7,808 - 27,845,933

—V . 6 1 , p. 4 7 2 .

L ouisville New A lbany & Chit ago R ailw ay Company
( R e p o r t f o r th e y e a r e n d in g J u n e 3 0 ,1 8 9 5 .)

Total equipm ent—
1895. 1894.
Road—
1895. 1894.
Locom itives (num ber).
96
M ainline and branches
97
76
ow ned .......................... 510 510 Cars inpas.service(N o.)
78
C ars in fre ig h t service
Weight of rails on above
42 none
(num ber)....... ............. 6,204 6,435
75 lbs. (steel), m iles..
26
20
6 7 lbs. (steel), m i’e s .. 153 153 Com pany c a rs................
60 lbs. (steel), m iles.. 141 142 Above fr’glit cars leas’d 823 834
Special statistics—
64
67
5 6 lbs. (steel), m iles..
5 2 lbs. (steel), m iles.. 110 113 A verage tra in load—
P e r f reight tra in m ile
35
Iron rails ................... none.
(tons).............B allast on above lioes—
200 180
Stone, m i l e s ...............
14
P
er p is s , tr a in m ile
15
(p assen g ers)............
cinder, m iles..............
48
33
58
66
Gravel, m iles............. 210 18 5 Maint. of w ay & stru c t.
A m ount p er m ile of
N aturalsoil. m iles__ 227 213
27
ro ad o w n e d .............$681
Tot. leased lines, miles.
27
$744
Total operated miles .. 537 537
New lie-1, n u m b e r laid
p e r m ile .................. 396 402
Sidings owned & leased 132 122
S ta t is ti c s . —The operations, earnings, &j ., for three years
have been compiled for the C h r o n i c l e as below :

The report of President Samuel Thomas says in p a rt:
G e n e ra l R e s u lts —The results for the year afford substantial
reasons for sit is faction and encouragement. The last sis
months of 1891 was a peri >d of givat general depressi »n, and
the comparison with 1893 included four months during which
the World's Fair was at the height of its success. The pas­
senger earnings accordingly show a decrease of $338,649,
O P E R A T IO N S .
which however was partly compensated by a gain in freight
1892-93.
1893-94.
1891-92.
earnings of $287,161. The operating expanses were materially Miles oper. Ju n e 3 > 1894-95.
537
537
537
537
increased by the changing of the gauge on the 41 miles of Passengers ca rrie d
739,073
930,216
981,028
905,335
the Swiiz City Branch and the re-laying of 75-pound rails for P ass car. one m ile.. 32,713,522 72,226,331. 45,736,503 34,411,95839 i cts.
2-047 c ts .
41 milts on the Indianapolis Division. All the cost for this R ate per pass, p m .. 2 ,1 5 1 o ts. l-d l-2 o ts. 1-1,7.39,324
(tons) c a r'd . 1,774,932
1,439,673
1,59 4,801
work was charged to operating expenses with the s >le ex­ FF reight
r'h t (tons) car. 1 in .255,527,990 219,383,636 262,591,435 246.429,793
ception of the increased weight of the rail. Had this extra­ R ate per ton p e r m .. 0-826 cts. 0-831 cts. 0-383 ots. 0-868 ots.
ordinary expense not been incurred, the surplus for the year
E A R N IN G S A N D E X P E N S E S .
would probably have been double the amount shown.
1892-93.
1393-94.
1891-92.
1394-95.
E arnings—
The earnings for the first half of the present calendir year
$
$
$
$
866,754
1,092,397
704,530
703,748
P
a
sse
n
g
e
rs................
and for the period which has elapsed since the close of the F re ig h t...................... 2,109,526 1,822,365 2,321,093 2,139,357
fiscal year have shown corstant improvement, and it is be­ Mail, exp. and m isc..
226,640
223,221
221,120
253,740
lieved that the company will enjoy increasing advantige
3,067,014
Total
e
a
rn
in
g
s..
3,135,382
3,416,487
3,067,108
from the improved condition of the property.
Expenses—
The expenditure on maintenance of way is $33,050 less than
347,220
379,529
387,006
aint, of w ay, & c...
363,309
the preceding year, although the property has been fully as M
214,560
M aint. of equipm ’t ..
245,636
275.103
263,776
1,076,012
1,277,552
T
ra
n
s
p
o
rta
tio
n
.......
1,125,964
1,179,796
well maintained. The expense for conducting transportation
242,905
241,900
259,242
G
eneral.......................
223,273
is $49,000 less, although a large increased tonnage has teea T a x e s ........................
159,133
156,647
84,794
156,962
carried.
Although the surplus over all charges is as yet modonte ii
T otal..................... 2,070,9 LO 2,118,610
2,355,865
2,114,948
amount, it is satisfactory to know that during the entire four N et e a r n i n g s ....__
996,104
1,017,272
1,060,622
952,160
years of the present management the company has never P .c oper.exp. to earn.
67*52
67-56
63-96
68*96
failed to earn a surplus, which promises henceforth to show
IN C O M E A C C O U N T .
marked increase.
1893-94.
1894-95.
1892-93.
1891-92.
Receipts—
$
$
I m p r o v e m e n ts —The general office of the company in Chi­
$
$
et earn in g s.............
952,160
996,104
1,017,*272
1,060,622
cago has been removed to the new freight and office building NDividends...................
78,600
45,000
60,000
74,400
which was erected for the company by the Western Indiana
Road, thereby effecting an important saving in rental a id
T otal..................... 1,074,704
1,077,272
1,135,022
997,160
Disbursements—
other expenses. The terminal facilities of the company in
740,000
In
te
re
s
t
on
b
o
n
d
s
...
740,000
740,000
740,000
Chicago are now not excelled in convenience and location by R e n ta ls.......................
221,323
191,031
163,C01
226,688
any railway entering that city. The new shops which have In te re s t and disc’t . .
43,063
32,599
23,310
28,243
57,252
been constiucted at LaFayette, largely from subsidies by that Div. on pref. sto c k ..
community, are now substantially completed, and supply a
1,004,886
931,244
T otal....... ............
1,056,539
954,841
requirement for want of which the company has suffered for Surplus.......................
69,818
20,733
180,181
65,916
many years. A purchase of 75-lb. steel rails has been made
G EN ERA L BALANCE SH EET JU N E 3 0 .
to complete the replacement of the 52-lb, rails still remaining
1892.
1894.
1895.
1893.
Accp/e—
-41
for 49 miles on the Indianapolis Division. The entire change
$
$
$
433,354
Road
and
e
q
u
ip
18,649,767
24,073,234
.......
26,471,569
25,
will be completed before winter. Ten steel bridges are being
In
v
e
stm
e
n
ts.............
*882,744
959,572
932,047
923,548
constructed to replace old Howe Truss structures, and this M aterials on h a n d ..
179,652
137,002
166,716
220,345
work now nearing completion will leave the entire permanent Agfe. & co n d u cto rs.
126,278
84,272
99,241
116,867
R
oads,
individ.,&
o..
824,035
339,213
263,935
229,917
way in satisfactory and safe condition for the first time in the
Chase N ational B k.,
history of lhe company.
167,980
9 8 ,4 4 5
coupon, <fcc.,acct..
113,655
99,650
The managiment may now claim to have completed the Cash
92,363
73,070
60,357
.........................
67,681
programme which has been constantly followed from the be­ C. & W. I. siuk. funds
98,314
176,388
120,750
147,737
125,425
in car t r u s t . . . .
851,385
ginning, namely, to convert the line from the obsolete standard Cars
69,175
Indianapolis term ’s.
............
oi^twenty years ago to the standard of modern requirement. M
22,287
83,634
4,375
iscellaneous...........
30,200
E q u ip m e n t M o r tg a g e —As to the company’s funding opera­ P io flt an d lo ss.........
368,325
341,482
308,984
309,266
tions, the report says:

T otal assets
29,992,882 27,609,790 26,288,538 21,073,031
The Im provem ents th a t h ave b een in pro g ress, to g eth er w ith deferred
Liabilities—
p ay m en ts on eq u ip m en t purohased, have m ade necessary a t alm ost all
6,400,000
time* a floating debt. To d ischarge th is floating d eb t a u th o iity was Stock (see S u ppl ,) .. 15.250,000 13,500,000 12,000,000
obtained from th e stockholders for th e creation of ao equipm ent siuk- B onds (see S d ppl .).. 13,500,000 12,800,000 12,800,000 12,800,000
267,133
250,048
319,583
250,728
in g fuud o p er cen t m ortgage, n o t to exceed $4,000,0u0, seoured hy Coupons audinfc . . .
first, m ortgage on th e eq u ip m en t h ereto fo re purchased, costing $1,- Chase N ational Bk.,
419,394
special a c c o u n t...
.............
...........
602,234, and hy a g eu eral m ortgage on tho railw ay and o th e r p roperty
309,389
342,031
456,203
234,932
of the com pany su b ject to ex istin g liens ; $700,OuO of th ese bonds, to­ Bills p a y a b le ..........
200,000
156,250
143,750
194,444
geth er w ith 17,500 sh ares of preferred stock, w ere offered for subscrip­ A m erican E xp. Co..
421,179
550,555
A
ud.vonch.&
pay-r’ls
429,592
544,049
tio n to th e stockholders by oiroutar of A pril 27, 1895. T he portion of
117,859
9 6 ,1 2 0
93,103
116,782
th e secu rities th u s offere l w hich w as n o t subscribed hy tho stockhold­ Roads, iudivid., & c..
362
M
iscellaneous...........
.............
ers was ta k e n a t the sam e prioe by a sy n d ic a te , the only concession
allow ed to tho syudicar .0 being th a t p ay m eu t for sam e was optional
T o ta l liab ilitie s. 29,992,882 27,609,790 26.288,533 2 1 ,073,031
until Oct.. 1. The large lu o rease show n in the balauee sh e et in th e
S$S?KA?ne b y in m v id u a la is due to th e e n try of the am ount, sh o u t
'S to c k s ow ned as follow s: _C. & W. I. HR., $127,500; B elt R y.,
$350,OOP. iremaining unpaid by th e sy n d ic a te a t th a t date, which $240,000; O. W. B. & F. L. S. Ry., $30 0 ,0 0 0 : B. & B. RR. Co., $200,how ever, has since for th e m ost p a r t been p a i l hy th e sy n d ic ate in 0C0; miEcellaneous, $15,244.
an ticip atio n of th eir o b h g atio n m itu riu g JO ct. 1. The funds o btained
- V . 60, p. 929.

THE CHRONICLE,

SlPTKMBKR 81, 1885 I

Bostou A Maine R ailro to Company.
f R eport fo r the y e a r e n d in g J u n e 3 0 . 1 8 9 5 .)
The report of President Lucias Tuttle s its in part:
G eneral R esults .—Oomptred with the preceding fiscal year

the revenues of your property have shown marked and satis­
factory increases! not tbly during the its; half of the period;
and your dirrcors have therefore resumed making sundry
large improvements that bad previously been suspended.
The gross income iocr-ised $004,918 and charges to oper­
ating exp-ns* increased $813,948. From the surplus of
#1,378,1/31 dividends at the rite of six per cent were d*clare 1 ,
and additions were nude to the sinking funds (less
bonds canceled) of $72,749, leaving a bdsnee in excess of
all charges of $18,283, which has been credi ed to the Profit
and L «*s account. The policy of making no present increase
in the dividend rate, and of expending for necessary improvem -nts all surplus earnings a->ove six per cent upon the
common and preferred slock, explains the large relative
increase in the ch trges to operating expense. Ths operating
expenses include the sum of $895,147 spent for purposes which
are in the naiureof permanent betterments to the property.
[ fhe items of which this sum ia composed, as also other par­
ticulars from the report, were given in the advance a atement
on page 321 of the CbrONICxf. for Aug. 24, which see.]
C oncord <£- M ontreal .—Oa the 29th of June. 1895, this com­
pany leased and entered into possession and operation of the
road, franchises un i property of the C m cirl <& Montreal
Railroad, but i: was not practicable fc> tnclule the accounts
of that comptny for its fiical year ending June 80 in this
report. A copy of the indenture is given at the end of the
pamphlet report.
The least g of iHe Concord & Montreal Railroad adds 414
miles of road to the B >ston & Maine system, giving it a total of
1,707 miles of operated road and 1,069 miles of controlled
road ; total, 2,778 mites.
Im provem ent*. E tc .—Fifty-seven miles (6,749 tons) of new
steel rails have been laid in the main tracks, 553.013 cross-ties,
and 34,620 switch ties have been laid, and 19,104 rods of fence
bavs been built. Five important steel bridge* ar d one stone
arch have been constructed, including the steel viaduct, 1,300
feet long, made necessary by the separation of grade* at Chel­
sea Bridge ta Boston. Tne Boston terminals have Ie'en c ■npleted. The main line from B wton to Btverly (17 mil*-, of
u ruble track )« being ballasted, re-graded and re-laid with
new rails anti ties, For the separation of grade* at crossings
or highways, #273,531 ha* been expended during the year.
Compliance with the Catted St«tet Statute repairing ibe
equipment of alt freight car* and en g in e used io inter-S: tie
traffic wiih automatic couplers and airbrake* will mike
n*c-»*ary an expenditure by this company during the next
two year* of snout $1,000,000, The work of equipping our
cars and engines is progressing favorably, and will he syst-iaatically continued with the expectation that it* entire cost
can bs included monthly in the road’s current operating
expose*. Contract* were made during the year for new
equipment to *;*«t about $600,009. Coder the contracts
twelve locomotives and nine vestibule car* were delivered
during the fiscal year.
S ta tistic s .—The statistic* of operation*, financial result*,
etc., have been com piled for th e CHRONICLE a* follow*:
oeaaxmxs **» i i i c u asactr*.

513

(iS SE iU l, B ILiS’OK SHEET JOSE 30.
1895.
1391.

Assets—

$

4893.

$

$

3 0 ,4 3 9 ,9 0 5 3 7 ,t3 7 ,5 9 0 3 4 ,3 0 9 ,5 1 0
litfsatmeirts....... -.................. *0,330,911 6 ,1 8 *, >93 7 ,4 3 3 ,0 1 3
2,31 3,110
1 ,5 9 1 .5 7 3
4 3 2 ,5 5 3
Bills receivable........................ 1,0-22, 89 1 ,0 2 3 ,3 6 3 1 ,1 1 1 ,0 1 6
5 5 6 ,4 1 9
4 * 5 ,2 0 0
Sinking funds...........................
4 1 6 ,7 8 8
M ate ri ,1s a n d s u p p lie s - ..............
1 ,5 7 7 ,1 5 7
1 ,5 1 7 ,4 9 3
2 ,1 8 9 ,2 7 4
1 ,9 9 4 ,9 1 0
1 ,7 1 8 ,1 9 2
D u e by a g e n ts , c o .'s, In d iv id * ., Ao.
4,101,4-28
Ini!> r„vcai’t s e c t., le a s e d ro a d * ..
5 4 8 ,6 5 7
4 8 1 ,4 0 9
43 1 ,1 0 1
3 2 3 ,5 6 9
3 4 1 ,4 9 0
C e n tra l M ass. RK. e n n s tr o c tfo a
31 9 ,0 6 2
M lsceU anetm s ...................................
0 *7,6 7
846,733
1 6 8 ,6 3 1
C o n s tr u c tio n a n d e q u ip m e n t

..

T o t a l...............................................
L a b ilitie s C a p ita l s to c k (see S c p p l v m b x t ).
B o n d s (see S d p p i . km -.k t ) ............
A 'otes................... ............................. .
C u r r e n t b ills ................... ................
tJ n p Ud w a g e s......................................
D a e co m -n im es In d iv id u a ls . & ?.
D iv id e n d s a n d in t. u n c la im e d ...
A c c ru e d in te r e s t a n d r e n t a l s ___
R e n ta l o f le a s e d r o a d s J ily 1 . . . .
B o sto n *fc L ow ell le a se iiee.iu u . .
C onn. A P a ss R iv e r le a se s e c t . .
C onn. R iv e r R R . le a se a c c o u n t..
E q u ip m e n t f u n d ........................ . . .
In ju ry f u n d ................... ......................
S u s p e n se a c c o u n t.............................
S in k in g fu n d s ......................................
A c c ru e d ta x e s ................. ...............
M isc e lla n e o u s .......................... ........
P ro fit a n d lo s s ...................................

Total..,

3 1 ,7 5 1 ,9 4 5

5 4 ,4 8 3 ,4 7 8

5 1 ,1 6 3 ,6 7 3

2 1 ,8 8 9 ,0 0 }
2 1 ,6 5 5 ,2 3 0

21,741,786

2 1 .3 S 9 .0 0 0

2 1 .8 3 8 .2 2 5
17,835,22:5
3,8 5 2.300
1 ,1 3 6 ,3 0 6
2 7 3 ,3 9 3
6 8 8 ,8 3 9
1 3 5 ,2 9 0
4 6 0 ,8 3 1

594,900

7 1 7 ,3 9 6
2 2 8 ,1 4 1
5 3 0 ,3 0 8
139,545
5 5 5 ,1 3 2
6 s 7 ,9 i4
3 9 2 .0 4 8
1 55,928
4.51,792
2 10,0130
15 0 ,0 0 0
8 1 8 ,1 2 5
5 5 6 ,4 4 9
3 6 7 ,0 0 3

1,610,032
5 1 ,7 5 4 ,9 3 4

347,303
5 S s ,lt6
2 3 2 ,9 7 0

597,431

1 8 8 .2 2 0
-189,8 .7
7 1 1 ,0 0 4
31 0 ,2 0 0
455,929
4 5 1 ,2 3 3

194/16*3
15 5 ,9 2 9
4 5 1 ,2 3 9
9 4 ,9 3 8
1 5 0 ,0 0 0
1 ,0 2 7 ,5 7 1
4 1 6 ,7 0 5
3 5 ,7 9 8

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

435,200

3 3 6 ,0 4 0

9,800
4,601,701

2 ,0 6 0 ,6 8 1

5 1 ,4 8 3 ,4 7 8

5 1 ,1 6 3 ,6 7 3

* B o n d s—S e w b u r y p o r t R R .. # 2 9 8 .4 6 1 ; D a n v e rs B R ., $ 1 2 5 ,0 0 3
S ta c k s —M aine C e n t. RR., $ > ,5 1 0 .0 )0 ; B. A M . R R , $L ,5S 5,75«; P o r t
A K och RR , # 4 0 2 ,0 5 0 ; Y ork H a r. A B ea c h R R .. $ 2 1 0 ,5 5 0 ; m ls u e tla a
e o u s, 0318,313. A lso r e a l e s ta te $ 1 7 1 ,0 9 4 a n d o th e r a s s e ts $123,716,'
—'V. 0 1 , p . 470.

O il Colony Railway Comjany (New k'ork New Haven &
,
Hartford System.)
( R eport f o r the y e a r e n d in g Ju n e SO, 1 8 9 5 ,)

Tub* c 3 npinv’e road being op*rit»d under lease at a fixed
rental by the New Y irk New Hiv*n & H trtford RR Cl., the
annual repirt of Prest l-m Chides p. Cuoate contains no
statement of earnings. The repirt, however, says ;
J m p r jc m -at*, e tc .—Daring the year 8,102 shares of the
capital stock have bean tsim l in exahange for 3,337 shares
of the O d Got m r S:ea n-ihip Co npiay, Tu» ’improvein >nt»
n au fd in the last repirt ht*e bxw continu'd, and tlu work
of viiontnating grade cro*->iags fin* b'-m vigoroudy proseouted.
The total am mat exp -tided for twwtru s 1 1 1 in th s year, after
deducting amount# received fr»m the fixate an t cities and
towns on account of grade crottinga, i< $3.193, >29, o ’ which
for land, $513,"9); f ir alectrictl eq tio nent and seom i trick
on Nanta-aet B*acn Branch.#380.041; rtm irio g g ra i; crosstags, Sl-Ci 54 j ; Boston & Pr ivideaoi RR. improve n t it ac­
count, inclutliag elevati tn of tracks, $773,431; nme-llaneout,
$30,073.
Mew Stock a n ti B >n lx. —The con of this new coostiuctioa
has been paid in part by the sale of 8.00) ahares o ' stock for
#1,067 431, and #500,000 of bonds for $185,6)0. B mds of the
company due Juae j, 1845, for $1 >0,000, blaring 6 per c i u in ­
terest, have been refunded at 4 pir c >nt.
t* ttf-9 S
1»M 4
*1*93-93.
M ile * n a r r a te d l a w 3 0 .................
ri.* «
1 .2 9 J
1,3 9 3
The large expenditures for th * remtval of grade crossings
Op r&tianM issifll going on, and the directorf believe that it wiil ba bsst
F M l U X e i l « a trto 4 .
* * .* 4 7 ,4 0 1 33* W , S 4 S 3 4 ,2 1 7 .4 0 1
to
meet It in part by the *elite of bonis. Under previous
F m « ie o s « n e a r rie * l mil*-- . . . . . 4 * 9 ,3 2 l £ l 6 4 4 7 .5 3 4 .6 7 1 4 6 9 ,* 2 3 .3 1 3
K«&» p e r pm m afc% e p *r eaU« ... 1*403 e a .
I *744 et* .
l -hC>3 ©84
votes of the stock hold us, they are now authorized to issue
Fteicht < oo»>OMT«**l ... ...... * .0 6 5 ,t e r 7 ,3 6 3 .2 7 3 6 .0 4 5 .1 6 7 bonds to the amount of #1,500,(3)'), most of wh ch wtil b * re­
r r e ig t s t ?ton*i e * rrt« 4 i txtlU .... 519/231*621 4 6 9 .6 2 2 ,0 4 6 5 1 0 ,2 1 6 ,0 2 1
B a te p e r f» a p e r m ile .. . . . . . . . . . . .
1-538 ct*. quired to m en maturing debts In the ensuing veir there
1 -534 et*.
1*5 46 eta.
E a r n in g *
will mature #1,100,14)0 of the 0 per cent bon is, and a mort­
9
*
$
JPaa.*©agent....................... 7,754,999 7 ,4 9 1 .0 0 4 3 .1 * 3 .1 * 3 gage note for $175,0*X>, a n i they therefore ask for authority to
Freight..... ..................
7 ,9 * 7 ,4 5 1 issue additioia! bands to an amount not excondi/lg#2,033,030.
8 ,9 7 4 ,9 0 2
7 ,2 0 0 ,8 9 7
Exnrnm and # « » lisiggage.. ...
8 9 9 .1 7 5
5 6 1 ,3 9 8
5 4 2 ,1 1 5
2 0 5 .933 The cost of grade crossing changes already required will be
2 6 4 ,2 7 9
2 4 4 ,3 0 0
large, and proceedings arc no w psadtug for m tay others.
Total,.............. .........
1 0 ,3 9 2 .3 1 3 18,90*2,270 1 7 ,4 2 8 ,325 The dividend* on stock and interest on b m h issued for this
Mhp*mm—
Gen, exp, a t office ao>! pro^ony.
4 5 7 ,1 7 7
1*0,057 puapose will, under the lease, be ptid by the lessee.
<}»q. a t p at tr*ivtpatimifaa,..... t *090,519
9 0 7 ,4 3 5
t,O49.0S9
BAL4K2S suxxr JUSS 30.
P**«*«ig*f { r» B ip -« t4 iid fl $ x p , .
1,339,-2! 4
1301,389 1,230,2*21
1895.
1V 9L
F r e ig h t 11» a s g*or in t i a a <$Mp . .. ..
3 ,1 0 4 .6 5 2
2 .006 , 1 2 } 2,084.7*2
,1 n e ts —
Mo tire power mZpMx&m. . . . . . . . .
i
3 ,0 7 9 .1 1 0
$
3 ,0 4 1 .4 0 3
2 ,9 * 0 ,2 4 6
M a ia le o ; tn c e o f o i r s .......................
1,361190 C**at , ,o.*l » od e q u ip m e n t......................... .
1*330,410
t,O V 3,7«3
2 6 ,0 9 9 ,0 7 8
M s lo tn a a b c e o f w a y ,

___

2 ,4 * 4 ,0 9 3

2 ,1 7 0 ,2 7 0

2 ,4 7 7 ,1 0 7

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

it- a T /iT

1 0 ,0 0 0 ,6 8 0
5 ,1 0 1 ,0 9 3
60 03

1 1 ,7 3 0 ,4 9 7
5 ,4 8 3 ,0 2 8
60-14

-taMilo#,.... .................

T e r c o o t o f e x p e n - c s to e a r n s . .

5 ,0 9 7 ,7 4 5

m-H2

* In c lu d in g C o n o e e ric a t R iv e r H R . fo r s ix m o n th s o n ly
f T h e C o n co rd * M o n tre a l RE, v u le a se d J u n e 2 9 . !* ) \ h u t I t t a o 4 M U 4 fo r th e y e a r a r e n o l tn e ia d —1 In th is re p o rt. T h» ad.tl i,*nal
a U e a v e th u s «eij ilr e d , W O tudiiig h ra n e h e i: s a d S e v s e l lin e s , i« * 1* ;
t o ta l liiilo* o f ro a d O p e ra te d a t th e d a te o f th is r e p o r t, 1,7 0 7 ,

ctoox* accofat.
1891-95.
189*3 94.
,f
$
K#i. fiafttftiip,___,
9,097,7$} 5.101.938
Bflia!*,
<ka
007,754
652,874
Total ..........................
6,705.539 5*754*5TO
TM&wA fa t an
and Alatlof 4%ht. 1,105*490 1,213,301
................ .
....
2^m,'Z-46 2,3U,3?0
T^x.m .....................................
WMA72
824,018
fun 1 ..... .......... .
72,719
67,232
4....
*»»••• 1,231,997 1,341,031
T#S«1
5,735.0 12
6 mplim w wt
14#i*t« ...........
19,478

1092 93.
#
5,400,028
003.891
6,092,719
1,101,630
2.107.41-4
7*ifU3f>
8),413
1,530,165
3.053,767
436.952

Stock* o w n e d . .................................. ..................
K»»t*>n A P r o v tle a e e R R itn p k a c c o u n t., . . . 1 ,3 3 1 ,3 3 3
P ro v ld e a t’o t e m l o a l * . A*.-., ..........................
C a sh ............................................................................ . . .
124.315
B ill* re c e iv a b le .............................. -.....................
D e b it b a la n c e s .....................................................

T o t a l............... ........... ................................. . . . ...3 1 ,5 2 8 ,5 3 9
LlabUUi**—
S to c k
......................................................................
fu n d ed d f t b t . . . . . . . . .
_____
Bond* m a ta r e d , tiiipnid. ***». . . . . . . . . . . . . .
B ill# pay » W « , . . . . . . . . . . . . . . . . . . . . . . . . . . . .
D ividend* m id ln t« f # s i u n p a id . . . . . . . . . . . .
A iw raed I n te r e s t. .
............................... . . .
1 23,575
C re d it
. . . . . . . . . . . . . _____ ______
P re ttlu tn on ato o k a u tl b o n d s s o l d ..............
S iifp itm ............................................ .................. .
M i* c# iiao eo u a.. . . . . . ___ . . . . . . . . . . . . . . . . . . . .
T o t a l.................................. ................................

* S t o r k ' own* 1ar« as f it'lo w s ;

1,133,751
6 3 3 ,5 0 2
7 4 ,0 L7
354,081
1 2 4 ,3 1 6
5 0 ,1 1 2
3 0 ,5 4 4
2 9 ,3 0 8 ,8 1 1
1 4 ,1 7 8 .9 0 0
1 3 ,1 6 0 ,0 10
18,200
55 5 ,0 6 3
4 1 6 ,0 3 2
117,101
0,1 3 7
8 4 6 ,7 9 3
8,4 2 5
2 9 ,3 0 6 ,8 1 1

O ld C olony S te a m b o a t. #1,377,600 ;
■V, Y. i*. A (4 an*l <>11 C olony B B . T e rtn lo a f, # 5 2 ,8 5 0 ; U n io n iTre ig h t
R R , #?-.),01*; m lB C ellatieous, #35 ,5 3 0 .
“ V, 61 , P-J472.

THE CHRONICLE.

514

Toledo P e o r i a & W estern R a ilw a y Company.
( R e p o r t f o r th e y e a r e n d in g J u n e SO, 1895J

The report of President E. F. Leonard sava in part: _
G e n e ra l R e m a r k s. — Che deorease in express earnings is dne
to the fact that a former contract had expired and a new one
had been made at a material reduction of rate of comoensation. The expenditures on acc innt of maintenance of way
and structures have been larger than in any preceding year
since the organization of the company in 1887. the chief
items of expenditure showing increase have been for renewals
of wooden bridges and trestles with permanent structures of
stone or iron.
.,
,. ,
, .
F u n d in g o f C o u p o n s — T h e proposition which was made to
the bondholders September 10, 1894, to fund couoons matur­
ing July 1, 1894, January 1, 1895, and July 1, 1895, has been
accepted by nearly all holders Since June 30, 1895, 32 bonds
hare come in, leaving 97 bonds which hare not been pre­
sented. The entire floating debt of the company is now
represented hy the coupon scrip.
V o tin g P o w e r .—Concerning the decision touching the vot­
ing power of the bonds, the report says :
The Suprem e C ourt of Illinois lias decided, in a suit e n titled “ Durlcee
People r x eel. Askren ’’ 155 111. p. 354, th a t the provisions of the
bond and m ortgage issued in p u rsuance of th e c o n tra c t betw een the
Toledo Peoria & W estern R ailw ay Com panv an d Messrs. C harles
M oran and rhom as Denuy. for the purchase of the railroad now ow ned
by said com pany, which confer v o ting po w er upon th e holders of the
first m ortgage bonds issued Ju ly 1, 1837, are void for th e reason th a t
they are in conflict w ith th e c o n stitu tio n an d law s of th e S tate of
Illinois, and tint* th e b'M aw s of the com pany c a n n o t confer upon
bondholders th e rig h t to vote a t m eetings of stockholders.
I’S.

P h y s ic a l C o n d itio n E t c — The following tablejgives various
statistics relating to track, equipment, train-loads, etc., for
the fiscal years endiDg Jure 30.
1895. 1894.
Road—
1895. 1894.
Cars in fre ig h t ser­
M ain line and brclis.
843
851
vice (num ber).......
ow ned.....................
230
230
Speci l statistics fo r
Steel m ils on above—
two years
60 lbs. (miles).......
132
—
56 lbs. (miles).......
17
- Av. r a te p e r to n per
m ile (c e n s )—
.. 1-271 1-315
52 lbs. (miles).......
79
Iro n rails (miles)..
2 . . . . A v .ra te p er pass, per
mile (cents)............ 2-439 2*488
B allast on above lines—
A verage tra in load—
G ravel or t- cinder
r-" (miles).............
37
28 P er freig h t train
(tons)....................
100
89
Siding* owned and
P e r passenger tra in
leased ......................
36
(1)
(passengers)----38
37
Total length o f
M aintenance of w ay
bridges, etc.—
and stru c tu re s—
B ridges.. ..................
(?)
(?)
Tresthis (feet)...-— 11,033 12,308 A m ount p er m ile ... $855 $781
New rails, tons laid
648
(?)
Total equipm ent—
New ties,No. I’d p.m. 438
(?)
Locomotives (N o.)..
39
41
Main. & renew als of
Cars in passengerserfreig h t cars, p. ca r.
$29
$35
vioe (num ber).......
26 '
26
S t a t is ti c s .— The statistics, compiled for the C h r o n i c l e , are

as follows :

EARNINGS AND EXPENSES.

1894-95.
$

E arn in g s—
P assen g ers.................
F re ig h t........................ .........
Mail, express, Ac ... .......

587,175
78,582

1893-94.

$

278,325'
546,186 [
90,272

1892-93.
if

1891-92.

985,632

1,017,791

T o ta l. . . . ...................... 953,238
Expenses—
M aiuteuance of w ay, & c.. 196.678
Do
equipm ’t
73,r,39
T ra n s p o rta tio n ........ .......... 444,797
G e n e ra l.................................
29,747

985,632

1,017,791

179.594
79,457
441,826 1 740,407
29.944

735,136

T o ta l..................... .........
N et earn in g s..............

730,821
183,962

740,407
245,225

735,186
282,605

744,261

914,783

$

1

INCOME ACCOUNT.

1894-95.
$
208,977

1893-94.
183,961

1892-93.
$
245.225
2,265

1891-92.
§
282,605
2,377

T o ta l..................... ......... 208,977
Expc n dit u res—
In te re st on b o n d s .... ......... 195,800
O ther in te ro st............ .........
6,690
37,831
T axes...................... . .........

183,961

247,490

284,982

195,800
1,752
36,848

193,900
4 t«>50
36,555

192,000
5,400
36,246

Receipts—
N et e a rn in g s .............. .........
O ther incom e............

$

T o ta l..................... ......... 240,371
234,400
234,505
233,646
B alan ce....................... . . . d e f . ”31,394 def.50,439 sur. 12,985 sur.51,336
* In addition to these charges $37,232 w as sp e n t for new equipm ent.
BALANCE SHEET JU N E 3 0 .

P ro p e rty a c c o u n t....... .......

1895.
§
....8 ,9 7 1 ,9 0 0

D ue from railroads, &c __
M iscellan eo u s.......................
B alance Income acco u n t ...

___

A s s e ts —

Cash...............................
Total a sse ts.....................
L ia b il iti e s — .

Capital sto ck ..........................
F irs t m ortgage b o nds...........

Coupon scrip ........... .....

A ccrued in te re st. ................
D ue to railroads and oth ers
M iscellan eo u s.......................
Bills p a y a b l e ........................
T otal liab ilities...............
Y. 59, p. 601.

....

1894.
1893.
$
if
8,971,900 8,971,900
12,271.
106,547
51,564
52,376
43,835
42,284
2,438
215,199
146,57L
79,679

....9 ,3 0 8 ,2 8 7 9,185,606

9,202,011

4,076,900 4,076,900
....4 ,8 9 5 .0 0 0 4,895,000 4,895,000
....... 216,210
2,940
4,530
. ...
5,700
99,157
99,381
....
87,137
63,709
72,119
8,364
___
20,000
47,900
45,716
9,185,606 9,202,011

Toledo St. Louis & K ansas City R a ilro a d .
( R e p o r t f o r y e a r e n d in g J u n e 30, 1 8 9 5 .)

The report of Receiver R. B. F. Pierce shows the following:
The road in operation consists of 450'72 miles of main track,
running from Toledo to East St. Louis, all laid with 61J^ pound

[Y ol. LXI,

steel rails, and 72 miles of sidings and spurs. This does not
include the tracks of foreign companies ov-^r which ptssenger
business is handled to and from the depots in S'. Louis and in
Toledo. The equip neat includes 27 oasseager cars, 2,639
freight cars, 88 1 >comotives and a miscellaneous equipment
of 190 articles of rolling stock. O* the freight equipment 1,360
cars and 27 engines were bought on deferred payments at a
o s to f $1,076,601.
The earnings, expenses, etc., have been as follows :
Year ending Ju n e 30—
1895.
E arnings—
$
F reig h t earn in g s............................... ...1 ,4 <6,336
P assenger earn in g s.......................... ...... 271,705
Mail, express, e t c ... ......................... .. . 111,057

1894.
1893.
S
$
1,175,7 20 1.772,128
253, \ 60
290,238
107,188
104,6 48

Total gross e a rn in g s................. ....1 ,8 1 9 ,3 9 9 1,5 16,631
Expenses—
245,505
M aint nance o p w i y ....................... ___ 2 47,061
M aintenance <»f eq u ip m en t................... 218,9 10
171.-825
671,909
C onducting tr a n s p o r ta tio n ....... .. ___ 889,631
7 7,294
184,534
Gener.il ex p en ses.................... . .......

2,167,074
• « *K
2 49,820
230,539
988,716
235,022

T otal e x p e n s e s.......................... ....... 1,412,926
Net earn in g s.......................................
Deduct—
T a x e s..... ................................... .........
In te re s t on first m o rtg a g e..............

1,273,773
262,908

1,754.097
412,977

88,700
540,000

82,500
540,000

Balance, d e f ic it.....................

365,792
209,523
30, 1895.
L iabilities.
C apital sto c k .................$17,055,000
1st m o rtg a g e .............
9,000,000
1st m ort. u n issu ed * ...
800,000
D ebentures b o n d s ' . . . 1,000,000
Int. on bonds (not due)
45,000
N otes payable (includ­
ing equiom ’t n o te s ) .
938,859
Set ip fund, e t c ...........
3,775
C u rren t liabilities (in­
cluding co u p o n io t.). 1,669,832

G EN ERA L BALANCE SH EET JU N E

A ssets
Cost of ro a d .................. $24,255,000
Cost of eq u ip m en t___ 2,800,000
E quipm ent leases. . . . 1,076,601
Lands, shops, & c .......
1 5 2 ,5 19
D ebentures*.................. 1,000,000
1 st m ort. unissued*.
800,000
M aterial an d supplies.
69,353
Cash & c u rre n t asse ts.
374,25"
Profit and loss..............
98 4,786
T o ta l.......................... .$30,512,516

T o ta l............................$30,512,516

* See o th er side of account. Of th e d e b e n tu re s on J u u e 30, 1894,
o n lj $76.0 >0 w ere o u tstan d in g as collateral, th e b alan ce being h eld by
th e S tate T ru st Co. The $300,000 of 1st m o c tg tg e bonds u n issued
w ere reserved for co n stru tio n of a o it-off w nich has n e v e r been b u ilt.
—V. 61, p. 473.

A la b a m a & V ic k sb u r g R a il w a y Co.
( R e p o r t f o r th e y e a r e n d in g J u n e SO, 1895. J

The report of President C. C. Harvey says in p a rt:
E a r n in g s , E t c .—The continued decrease in gross earnings is
very disappointing. The gross earnings are less by $10,103 than
in 1893-94. and by $137,063, or 19 79 per cent, than in 1891-92.
This result is mainly owing to the low price of cotton for the past
few years, which has seriously curtailed the resources of the
Southern people, and partly to the general depression in busi­
ness in the United States. There was an increase in cotton
traffic of $13,014, but this was more than met by a decrease in
lumber, coal, grain and provisions.
As to operating expenses and equipment the report says :
M aintenance of W ay expenses inolude th e follow ing special ex p en
d itu res: New si eel bridge, w ith steel piers filled w ith concrete, acro ss
Big Black Creek in replacem ent of an old tru s s bridge (p a rt cost),
$41,151; new cu lv erts, sidings an d fencing, $L6,669. T he new bridge
will perm it the line of road being resto red to a g ra d e of one p e r cent,
w hereas th e ex istin g H ow e tru ss bridge th it w,is built in 1 8 74 a s a
tem porary w ork h as, to g eth er w ith its approaches, g rad es v ary in g
from 2-6 > to 3*13 per ce n t f >r a d istan ce of l ,500 feet. D uring the
y ear 12 m iles of road w ere fully b allaste d and 24 m iles p a rtly b allaste d .
The cost, $26,000, has bee* charged to n e t rev en u e acco u n t a g a in s t
th e balance of n e t rev en u e b ro u g h t forw ard from th e previous y ear.
T w entv-three freig h t cars w ere equipped d u rin g the y ear w ith au to ­
m atic couplers an d air brakes; 167 cars a re now equipped w ith a u to ­
m a tic couplers an d 166 w ith air brakes. I t w ill be advisable to proceed
m ore rapidly in equipping freig h t oars w ith a ir brak es a n d autom atic
coupleis, in orrier to com ply by Ja n . 1, 1898, w ith the a c t of Congress
approved M arch 2, 1893.
P h y s ic a l C o n d itio n , e tc .—Following are facts as to the char­

acter of the road, etc.:

Track, etc.—
1895. 1894.
Road ow ned__ m iles.143
143
Of w hich 60-lb. steel. 120
118
do
56-lb. ste el. 17
18
do
50-lb. ste el. 6
7
B rid g es,iro n , m ile s.. L#*
Le
do ste e l.............. (?)
___
T restles, wooden . . . . 3716
4
Sidings.......................... 25
23
Tons per tr a in m ile .. 193*2
184
L a n d S a le s .—The land sales

E quipm ent—
1895. 1894.
L ocom otives......... .......
14
17
P assenger c a is .......... .
13
13
F reig h t, etc., c a r s __ 484
489
Special statistics—
R a te p r p a s s.p .m .c ts . 2*64
2-66
R ate per ton p .m cts. 1-33
1*31
M aint. p e r m ile ........ $1,147 $1,079
Ties la id ...N o . p m. 623
617
Rails la id ....... m iles.
2
29

for the past year were 1,160
acres for §3,300. of which §890 cash and $3,305 notes. Notes
to the amount of $3,164 wore collected, $10 was received for
rents and $561 for interest. The expenses of i he land depart­
ment, including commissions, amounted to $3,192 and taxes
to $2,073.
S t a t i s t i c s .—Earnings, expenses, charges against income,&c.:
E A R N IN G S , E X P E N S E S A N D C H A R G E S .

1894-95.
Miles operated ................... . 143
E arnings $
P assengers.............................. .139,163
F re ig h t................................... .360,592
Mail, express, eto .............. . 55,917

1893-94.
143
$
148,516
361.471
52,793

163,210
367,502
52,536

$

1891-92
143
$
205,503
441,765
45,173

T otal
.................... .555,677
O perating exp. an d ta x e s .. .425,705

565,780
436,333

538,298
482,465

692,711
550,929

P . c. of op. exp. to earn s .. . (76-61)

N et earn in g s................... .129,972

129,447
(7 .‘•12)
159

105,837
(82-01)
16,076

141,812
(79*53)
220

Total n e t in c o m e ......... .130,210
.124,260

129,606
124.260
4,086

121,910
121,497
413

142,031
120,702

O ther in co m e.......... ..............

Balance, su rp lu s................... .

238

5,950

1,260

1892-93.
143

21,329

515

THE CHRONICLE.

SRPTBMBEB 21, 1885.]

$ 3 ,6 6 3 ; h a h a a tiu g e m ile s o f ro a d , $ 8 ,8 1 5 ; n e w fe n c in g , $ 5 ,9 2 0 . M ain *
te n a n e e o f C ars in o lu d e s th e c o s t of 19 f r e ig h t e a r s o f 6 0 ,0 0 0 lb- e ap a e lty , W ith a ir b r a k e s a a d a u to m a tic c o u p le rs , oh s rg e d to o p e r a tin g
R e a l an d equipm ent
e x p e n s e s a n d c re d ite d to re p la c e m e n t fu u d to ta k e th e p la c e o f a lik e
M a te ria L * ,c io .............
n u m b e r of lig h t c a p a c ity c a r s b ro k e n u p . I t a lso c o v e r s th e c o s t of r e ­
C a s h ...............................
b u ild in g 4 “ fr e ig h t c a r s o n re p a ire d tr a c k s , of 14 n e w ro o fs, a n d of
S u n d ry d e b to rs..........
e q u ip p in g 6 S o a rs w ith a ir b r a k e s a n d 85 w ith a u to m a tic c o u p le r s '
S ta tio n a g e n ts , i o ...
4 57 o a rs i r * n o w e q u ip p e d w ith a u to m a tic c o u p le rs a n d 2 8 8 w t h a i r
M . U t : -o a s ............
b ra k e s. I t w f f lb e n e o e s s a r y b y J a n . ,l . ? 9 * ,t o e q u i p a U f r e ig h t o a r * w ith
a ir b ra k e s a n d a u to m a tic c o u p le rs i n o r d e r to c o m p ly w ith t h e A c t o f
C o n g re ss a p p ro v e d M arch 2, 1893.
T a x e s . — I n 1SS6 t h e S t a t e a n d l o c a l a u t h o r i t i e s o f L o u i s i a n a
.$3,20 >, 171
T otal ............................ $3,205,171 a g r e e d t h a t t h e c o m p a n y s h o u l d p a y t a x e s o n a l o w v a l u a t i o n
T o t a l ........ .
—V . 59 , p . 73 6 ,
f o r a p e r i o d o f t e n y e a r s f r o m 18S4 i n c l u s i v e i n s e t t l e m e n t o f
t h e c o m p a n y '.* c l a i m t h a t i t w a s e x e m p t f r o m t a x a t i o n f o r t e n
New O rlean s & N o rth E a s te r n R a ilro a d Co.
y e a r s . A s th e te rm o f th e c o m p ro m is e h a s e x p ir e d a n i n ­
c re a se d lia b ility fo r ra x e s h a s b e e n ta k e n fo r th e c u r r e n t
( R eport f o r the y e a r en d in g J u n e 30, 1395.J
y e a r. T h e B o ard o f V a lu a tio n v a lu e d th e p ro p e rty a t a v e ry
P r e s i d e n t C . C , H a r v e y in h is a n n u a l r e p a r t s a y s i a p a r t :
h ig h fig u r e , a n d th e c o m p a n y h a s ta k e n a n a p p e a l to t h e
E a r n in g s a n d E x p e n a e a .~ T h a g ro s s e a r n in g s f o r th e y e ir
D is tric t C o u rt o f O u a c h ita .
h a v e b e e n v e ry d is a p p o in tin g .
T h e d e c r e a s e ia $ 6 4 ,3 0 9 , o r
T h i r d M o r t g a g e a n d L a n d G r a n t B o n d s .— T h e n e t p r o c e e d s
4-9 1 p e r c e n t , c o m p a r e d w i t h t h e p r e v i o u s y e a r , a n d t h e i n c a s h f o r l a u d sa l--s h a v e b e e n i n s u f f i c i e n t t o a l l o w o f a f u r ­
e a r n i n g s a r e le s s b y $ 1 9 1 ,2 0 2 , o r 13 -46 p e r c e n t , t h a n t h e e a r n ­ t h e r p a y m e n t o f i n t e r e s t o n t h e s e b o n d s . H o l d e r s , h o w e v e r ,
in g s of tw o y e a r s a g o .
T h i s r e s u l t is m i i n l y o w i n g t o t h e h a v e , d u r i u j t t h e y e a r , a v a i l e d t h e m s e l v e s o f t h e o p t i o n t o
lo w p r i c e o f c o t t o n f o r t h e p a s t f e w y e a r s , w h i c h h a s s e r i ­ u s e b o n d s ii;- •• «.! o f c a s h i n t h e o u r ; h t s a o f l a n d s to t h e e x ­
o u s ly c u r ta ile d th e r e s o u rc e s o f th e S o u th e r n p e o p le , a n d
t e n t o f $8.5iX) i n b i n d s a u d $ 2 ,6 9 7 i n c o u p o n s
T o d a te $ 6 t2 ,p a r tly to th e g e n e r a l d e p re s s io n o f b u s in e s s .
It w as n o t con
•350 in b o n d s a n d $53,5*37 i n c o u p o n s h a v e b e e n t h u s r e t i r e d .
s id e re d to th e b e s t in te r e s t o f th e p r o p e r ty to c u r ta il e x p e n s e s
P b e p r i - - * w h i mi t h e b o n d s m a y b e u * e d f o r t h e p u r c h a s e
in M a in te n a n c e o f W a y a n d M a in te n a n c e o f C a r s .
•>f la n d * f o r t h e v - a r o o m m - w e iliK J u l y l . 1 8 9 5 , h a s b e e n c o n ­
A s to m a in te n a n c e , e tc ., e x p e n s e s th e r e p o r t s a y s :
tin u e d b y y o u r B o ir d a t 35 p * r c e n c o f t h e i r fa e : v a lu e .
M o tiv e P o w e r e x p e n s e s In c lu d e $ 2 1 ,6 9 0 to m e e t t h e m o n th ly p ayP h y m a i C o n d i t i o n . £!<■. - T h e f o l l o w i n g t a b l e g i v e s v a r i o u s
m e a ts f o r f o u r n e w e n g in e # p a tc h »sed in th e p re v u .a * y » « r o n re n e w a l
a c c o u n t. M a in te n a n c e o f C ar* in c lu d e # th e c * m o f 3 0 f r e ig h t ear* of s t a t i s t i c s r e l a t i n g t o t r a c k , e q u i p m e n t , t r a i n - l o a d s , & e ,, f o r t h e
60,000 ) k c a p a c ity , w ith g & b ta k M a r t a u to m a tic c o a p v r s , c h a n te d f is c a l y e a r s e n d i n g J u -e 8 0 :
t o o p e ra tin g e x p e n s e s to ta k e th e p la c e o f a lik e n u m b e r o f e a r# o f lig h t
W ind—
1895. 1894.
1895. 1894
cap& eity b ro k e n u p ; th e c u ss o f re b u ild in g 180 c o a l e a r s a n d 14 fla t M ain tln e A h e h * .o w a '(1 .1 7 0 ta 1 7 0 ‘s
S pecial »t(UUtte* f o r
e a r s <m re p a ir e d U n e k s; o f e q u ip p in g 5 2 c a r s w ith a ir-b r a k e s sn -t 3Q
Iti-o y e a n —
O f w lu o h 6>>'ih. Btefsl,
oar* w ith a u to m a tic c o u p le rs , e tc ., e te .
E a rn * v te m p .m ile, eto. 2-01 2 -4 8
r a te * ........................ 169
18$
I t w ill t>« a d v is a b le to p ro c e e d m o re ra p id ly In e q u ip p in g fr e ig h t c a rs
5 3 In. s te e l, m ile* . .
l<s
2% I.:»rns.p.p-i-*. ;> m .et*. 2 -6 6 2 -6 7
w ith a ir-b ra k e * a n d a u to m a te d c o u p le rs. in o r d e r to c o m p ly By J a n , >, Si-llog*
............................ 2 3
2 3 4 A v o r.ig - t r a in l b s tl—
1» 9 8 , w ith th e Ace o f C o o m o a p o ro v e d M arch 2 o d . 1*93,
T u t I t n i j l h <ff h r i d j t * .
P .-rf r-ilit tr a in (tonsU -12 105
T h e e x p e n s e s o f M a in te n a n c e o f W ay t o r th e y e a r (n e lu - h .- F illin g
M u lu te n a n u e o f w ay
ete .—
L a k e N p c t m i t n i B tr e e tle , 6 19 .6 4 6 ; b a lla s tin g . $ 3 8 ,7 3 5 ; w M etttog t r o a -p an * , m ile*
a n d s tr u c tu r e s —
. ..O 4 3
0 -4 0
e m b a n k m e n t* . $ 9 .1 1 “ ; new -tdioir-t, $ 1 ,3 2 3 ; b lo c k sts-MWs, $ 1 ,8 5 1 ; fo r W ooflon h riilg e s , m ite* 0*05
0*09 | A m t. p .u l.o r r-L o v u M .$ 8 7 fi $ 7 7 4
B ew a a d in a p ro v e d p a s s e n g e r s ta t io n 'a n d offices a t S e w O rle a n s In T r - * t‘«*. m l!.-* ..............8 -2 0
8-60 ( N ew r ul« la id , m iles. 1-09 1*00
raplaeem e.H t » r » ‘d b u ild in g d e sle o y o d b y lire , 4 1 1 ,0 >9.
N ew tie * ..<o.l <td p .m . 5 8 8 4 0 2
Total e q u ip m e n t —
T h e w o rk o f fllllunr th e s o u th e r n a p p r o a c h o f L ak e P o o f c h a r t r* !a h a sa rn tm e p * (o u rn b e n . 15
it) j M aJv t a n d rouB w e o f
t r e s tle b y d re d g e w as com plete*! to I t c r e tc b c r !a # t. T h e o a s t to d a te ij.ir e ia P'I«. s e rv ic e . S o . 17
freighter*, i>wear $4 5 $02
20 1
has been $234,124, charged to M a in te aw c of W ay, p a ri y early , b. gin­ C a rs ta fg t, a s r v h ' •, V u .6 5 t
667 I
n in g in 1839*90- V . 5 9 , 1> 7 7 9 .
T b e r o a d w a y , s tr u c tu r e s a n d e q u ip m e n t b a r e b e e n fu lly
E a r n i n g * .—- H i t e a r n i n g s , c h a r g e s , e t c ., h a v e b e e n a a f o l ­
m a i n t a i n e d d u r i n g t h e p a s t y e a r a n d a r e i n g o o d o o o d i- i >n.
lo w s :
P h y s i c a l C o n d i t i o n , E t c — T h e f o l l o w i n g t a b l e g iv e s v s r i o u a
CABX1KOS. KXI'»**K* A lto Cn*R0«S.
s t a t i s t i c s r e l a t i n g t o t r a c k , e q u i p m e n t , t r a i n !r*a-!-. e t c , f o r t h e
1894-95. 1993-94. 1 8 92-93. 1 8 9 1 -9 2 .
. 171
171
171
171
f is c a l y e a r s e n d i n g J u re * 3 0 .
Mu-- * o p erated ...
d a r n in g s —
$
$
$
$
1895 1*44
J jM F 1 8 9 5 .1 8 9 4
.1
3
4
,4
9
1
14
’
,0
3
7
1
5
7
,0
6
2
1
8 3 ,3 3 1
i
t
.
.....
.....................
Special■ tfttliiik* for Imtr grant—
M nlo :n.» a n d b ra n c h e s
3 5 1 .2 1 3 3 1 3 ,6 2 6 8 1 8 .4 1 7 3 6 6 .0 7 9
o w n e d , M l S fH h . s te e l 4 9 3 1 9 6 Kura*, p, ton p. m a. eta------0-94 F re ig h t . . . .
. 9 0 ,3 7 5
VI
9 1 .1 1 6
82.1.100
n i d i! .,- , r.-o I - j A
41$
17 K a ra * p. p»»* e, m .e i.,.1 -6 9 Mall, e tp re -* , etc
A v e ra g e Ir a in l M d *
i k t s f le n g th o f bridge*. e-'r,—
3
5
0
.2
1
7
5
6
1
,9
2
5
0:12.870
T
o
t
a
l
.......................
....................5
8
0
,1
1
1
I r o o Bridge*-* m ile* . . .
0*5 0-5
I’c r f r 'g h lir a in ih m * ) . 215 209
O p e ra tin g ex p etiM * a n d ta x e s ...4 2 3 ,0 4 0 4 2 1 ,6 8 1 1 1 9 ,3 6 0 4 7 8 ,9 8 7
W ooden b rid g e # a n d
Main, of way * tu«« —
A m o o a tp c r mli*- $ 1 .2 4 ‘ 81,:*52
t r e r o l l * * ............ 16’0 2 2-0
N e t e a rn in g * ................................... 151,314 12 3 ,5 1 0 1 8 3 ,3 5 9 1 5 3 ,8 8 3
Torsi etfuiftm en i—
S ew rtO teiaid in iK iM ti 1*41 3 1$
P e r e e n t o f e x p -u s e * to e t r n tn g s (73*88)
(76-64)
(78-22) (75-081
H ew II**, a urn P u d
L o e o a w flv w tn tu a b e n .
42
4t
3 ,2 1 2
3 7 ,2 1 2
4 .0 9 6
4 4 ,7 4 1
p e r K ite ....... . ......... 5 7 0 5 3 2 O th e r I n c o m e ........................................
C ar* in pa,*—eg«,r »ervtr* tnom l—ri. . . .
23
23
M ain * renew al.* of
.1 5 4 .7 1 6 1 0 5 .7 4 4 1 2 6 ,4 5 5 1 9 ‘ .024
T o tal n e t Inem ue. .
Car* In fright *er. ( S o )1 ,6 0 0 1 ,6 2 0
frig h t e ir*. p e r Oxr. $37 $ 35
..3 1 0 ,5 2 4 401,700 400,245 393,117
I n te r e s t o n bond* . . . . .
..
2 ,1 9 9
3,803
5 ,4 1 0
E a rn in g #.—The earnings, expenses, etc., have been as fol­ I n te r e s t o n e a r M M *
*AL4NCS 3HSBT JONS 30, 1 8 9 5 .

Asset*.

lows :

L ia M d ie s
,$ 3 ,0 3 5 ,0 3 0 i O om m oo <to<*fc............... $ 7 0 0 ,0 0 0
1 9 ,6 7 8 j B onds {see 8 :«*PLRJTT) 3 ,2 8 3 ,8 8 0
9 3 ,6 2 1 1 I n t e r e s t o n b o n d s ao1 8 ,3 3 9
o w e d , n o t d u e ........ .
3 0 ,9 7 0
1 3 ,6 3 a 1 S n u p lla s , t a i n s , e t e . . . .
3 9 ,3 2 9
3 2 ,7 8 7 O U i.- r r u llr o w - ................
11,328
E e p !a c e tn ‘t o f ro ll’s s f t
5 1 ,3 8 9
M is c e lla n e o u s ................
6 0 ,2 4 0
S e t re v e n u e a c c o u n t...
20, U 9

eakxmos,

.
K ftrn b ’t g*—
Pa**, tig e r* .......... ............... .
F l nlg lil .
..................
.
M a tt, expre-**, e t e ........ ... ,

KxrEssKs ink c«unam.
180132.
im
#
■220,108
»s>*,4 m
7 3 ,0 1 2

1 .2 9 3 , >7o
1 ,0 6 1 .0 0 0

1 ,4 1 9 ,9 8 2
1 .1 9 0 ,9 9

1 ,2 00,026
1,017, 81

2 4:1.222
19045)
1.015

2 2 8 .0 8 0
(82 M).
302

-2i*,M -»
(43-07)
2 ,8 2 0

2 7 3 ,4 4 3
(7S-*2)
3.104

T o ta l.................................. . 2 4 1 ,2 3 7
lo t . o n p rio r Men b o n d s . . . .
79.20*2
I n t. o n 1 st -tuorA b o a S s . . . 3 0 0 ,0 0 0

22921*4
7.1,911
300,'W O

'231,432
*,i*,7QQ
3 0 0 ,0 0 0

6 7 ,2 00
800,* 0 0

T m d e& ztiium . . . . ....1 .2 2 9 .7 6 0
Op«-r. e x p e n se # a n d t» se » . 9 9 8 .5 3 0
N et earnlB K *.........
.
P e r c e n t o f e x p , to earn.*. .
O t& s rtB c a w e ............... ..

B *2»nee, d e flc lt............ .

9 0 ,3 53
137,903
1 4 4 ,597
1 3 7 .8 0 8
BALANCE SlIEKT JBSt* 3 0 , 18 9 5 .
A m t* .
j
IJahU U it*.
C o m o f p r o p e r ty ..........# 1 0 ,9 3 6 .8 9 5 . | c o m m o n (.took . ......... $ 5 ,0 0 0 ,0 0 0
M W M I t W M i ........
2 7 1 ,8 4 6 1 Bond* I S M tlc r M . .. 0 3 2 0 ,0 0 0
M a te ria l* « a d s u p p U e a
8 4 ,4 7 2 A c e • -84,
n n tr a
2 7 1 .“ 48
A g a n te a n d e o m n u tt'm
04,5249 i A c c ru e d to t. ,t a t d u e .
1 6 9 ,8 68
C a*h ................................
3 9 ,1 -.6 , i ,v i.) T .A P J .R y ». re 2 0 * 4 .4 6 1
M laeeilen eo n a . . . . . .
1 3 ', t S 7 ( P a r su p p lie r,ta x e s,.* .*
* 5 .8 2 4
S e t rev en u e * e r o r a t
2 ,5 "'9.9 34 ] Mi*e»SU.i*»»t* . . . __
129 307
T o ta l a s s e ts . . . . . 9 1 4 ,0 0 1 ,2 4 3 j
—V , 5 0 , p .7 7 9 .

T o tal lia b ilitie s . » 1 4 ,0 8 1 .2 4 0

Vicksburg Shrereport & Pacific Railroad (' >
( F o r the year ending J u n e .to. 189$. J

Th» report of President C. C, Harvey says in pare:
G e n era l R e m a rk * .— P a s se n g e r

e a r n in g s

sh o w

............. 3 1 0 ,5 3 * 4 0 5 ,9 6 8 4 0 4 ,0 5 8 3 9 8 ,5 5 7
199,933^
..............155,798 3 * 0 ,2 2 0 27 7 ,0 0 3
>1*1,4 Si a * « u r i t K* 3 0 _ L 4 9 >.
A tifJ * .
L u tbU die*.
C o st o f p r o p e r ty ____$10, 8 3 7 ,0 >* 1 Do im b o b a 'o e k .............. %\ ,6 0 1 ,5 0 2
7 ,70 7,235
3 0 ,5 7 3 I F u n d e d d e b t...............
M ate ria l, e tc . m> h a n d
g ilu .lry d e litiir* . . . ..
2 0 ,4 4 9 I F ir s t m o rt tu t d u o
Statiot* a g e n t* a n d
a n d u n p a i d ................ 1 ,576,868
9 ,4 1 3 T h ird m a r l, t u t d u e
e o n d u e tn r* — ........
a n d :1 a pa id . . . . . . . .
4 4 3 ,3 8 9
C ash •» h a n d , la h a n k
178,701
13 5 ,6 i t I n te r e s t a o e ’d , n o t d u o
a n d in t r a n s it. . . . . .
7 0 ,601
12.5 U s ti ttnlles, p « y -ra lls,e t« .
O th e r r a i l r o a d * .........
0 5 ,1 0 4
I n v e s tm e n t ».:• o u ttt .
8,0 5 1 Ito lli n *et<K- It fu >d, oto
L a n d to r d e lta tr a o a f e r
4 0 ,030 L a n d n o te s d u e J u ly
3 1 . 1695 .....................
4 0 ,0 0 0
B ill* rei-.-lv.ihle fo r
3 6. *31
5 .5 7 2 : d o sin k in g -fu n d . . .
ta n d »a;e» ...............
0
2
4 ,3 1 4
........
d
.492
i
L
a
n
d
miles
.
.
.
.
.
T r u -te e la n d m to o . . .
2 5 ,6 2 3
N et r e v e n u e a o e - .in t . 1,,933,695 ! M lsoellftnBO U *,...
T o ta l...........

1894-95.
1993-94.
im
190
iw
*
■f
*
2 0 3 ,6 8 0
*210,452
221. 48
y3-5r >95- 4 ,0 0 0 ,6 1 4 1,429.8* >3
8 9 ,4 0 5
9 2 ,0 0 4
7 1 ,4 1 3

a

d ecrease

of $6,544. er I 61 p -r cent. Freight earnings show aa
iner*n*« o f $-45,619. or 11*1-4 per cent, wnich is entirely in cot­
ter,, D ie cotton c r o p along the line of road was much bettor
than in the preceding year, hut the continued lo w price real­
ized for the product fits gr-atly reeiricted general business.
As to operating ex pens * and equipment the report *avs :
Maintenance o f Way <>xp«n*e* include the fo llo w in g s p e c ia l o rp e n rtitai**: S«wt.lrr-n span bridge oyarTemai R iv e r In replaoeuteot of an
oW truss b rid g e ( p it * 60*4>.
filling tr e s tle s , # i , 9 0 } : c u lv e rt* ,

..........

B a la n c e , d e d e i t .............

T o ta l...

.* 1 2 ,4 4 0 ,0 3 2

T o ta l..

................$ 1 2 ,4 4 0 ,0 3 2

- !

(Jtiiocj Omaha & Kansu* City Railway Company.
{ [O p a rt f o r the. y e a r en d in g J u n e SO, 1S95.J
T h e t r u s t e e * i s p u s s e s itm , T h e o d o r e O i l m a n a n d W a r d W .
J a c o b s , s* y ia p a r t in th e ir r e p o r t:
D u rin g i l l - p a s t y e a r th e p h y s ic a l c o n d itio n o f th e r o a d h a s
b e e n m u c h im p r o v e d .
Ir, m <>ur i n t e n t i o n t o c o n t i n u e t h i s
w o r k in t h e f u t u r e a n d to e n t l - a t n r , w i t h o u t l a r g e e x p e n s e ,
t * m a k e u c o n s ta n t a n d g r a d u a l g a in o v e r th e o r d in a r y w e a r
a n d t e a r . T h - is u b j - c t o f b a l l a s t i n g w ill r e c e i v e c a r e f u l a t t e n ­
t io n .
W ith th e c o m p le tio n o f th e w o rk n o w g o in g o n o f la y ­
i n g t h e 350 g r o s s t o n s o f n e w r a i l s , l a t e l y b o u g h t , t h e r e w ill
h e a b o u t 7 9 m ile s o f s t e e l r a i l s i n t h e m a i n t r a c k o u t o f a t o t a l
o f a b o u t 134 m ile s o f t r a c k o w n e d .
T h e fl s i t i n g d e b t o f $ 6 0 ,0 )0 , a s o f J u l y 1 , 18 9 4 , lia s b e e n r e ­
d u c e d d u r i n g t h e y e a r u n t i l a b a l a n c e o f o n l y $ 3 0 ,0 0 0 r e m a i n e d
u n p a i d o-l J u n e 3 0 , 1895. I t is o n l i d e t i r . l v- < * xp*cted t h a t t h i s
b a l a n c e w ill b e p a i d f r o m c u r r e n t e a r n i n g s b y O c t o b e r 1. T h e
c o u .u rn s o n t h e p r e f e r r e d b o n d * h a v e b e e n p a i d a s t h e y m a ­
tu r e d . [S in c e th e a n n u a l r e p o r t w a s is s u e d th e b a la n c e o f th e
f l o a t i n g a e b t i n c u r r e d i n t h e p u r c h a s e o f 3 ,0 0 0 t o n s o f s t e e l
ru ils h a s b e e n p a i l , a n d n e t e a r n in g s c a n h e r e a f te r b e a p p lie d
t o w a r d s t h e p a y m e n t o f i n t e r e s t o u t h e n o a p r e f e r r e i b o n d s .]

THE CHRONICLE.

516

[V ol . L X I.

decided to act in harmoDy with the New Yoik committee
and renew the application for the appointment of a special
receivership in November, unless in the meaniime the com­
mittees’ complainls eball be satisfactorily met. It was also
decided, independently of this application, to press forward
foreclrsure proceedings in order to obtain poss< seion of the
line, at d simultaneously t8ke action with a view to estab­
lishing connections of ihe Atlantic & Pacific with other
railway lines,—Y. 61, p. 470.
Atchison System—St. Uonis & San Francisco Railway.—
C o u p o n N o tic e .— T h e receivers arim imce that the Union Trent
EARNINGS, EXPENSES, ETC.
1893-94. Cempany will pay on October 1, 1895, the coupons due April
1894-95.
E a rn in g s $70,4c 9 1, 1895, of the first mortgage 5 pir cent trust bonds of 1887.
. . . $71,546
P assen g er....... .......................
158,145 The c ouj e r8 due Octoter 1 of the Fcrt. Smith & Van Buren
. . . 152,736
F re ig h t...................... .............
19,825
. . . 19,293
Bridge Cinnany will te paid at No. 120 Brcacvtay. —V 61
M ail, ex p ress,.etc.................
$248,409 p. 470.
T o ta l.................................
Expenses—
Atchison Topeka & Santa Fe RR.—The reorganize ion
$59,279
. . . $55,722
M aintenance of w ay, e to ...
15,807 is making rapid progress. Thursday was the last day for the
...
U ,8 1 l
M aintenance of equipm ent.
. . . 100.925 i
T ra n s p o rta tio n .....................
114,943 payment without penalty of the final instalment of the as­
. . . 10,910 5
Genet al...................................
sessment on the stock. Practically the whole amount had
$190,029 been paid by that time. Foreclosure sale has been ordered,
. . $179,368
T o ta l.................................
$58,380 but the date for it has not yet been fixed, so that tome weeks
. . . $61,207
N et earniDgs..........................
Deduct—
will elapse before the new secuiiiies can be issued. It is the
$12,600
.
.
.
$12,500
In te re s t on preferred bonds
14,073 general impression that the new company will be in full con­
. . . 11,618
T ax es.......................................
"93,897 trol by the first of Jar uary or sooner. Roceiver Joseph C.
M iscellaneous........................ ,
Wilson died this week, but the reorganization is so Dearly
.
.
.
$26,353
$120,570
T o ta l.................................
completed that it is not thought likely ibat bis place will be
su r.$37,854 def.$62,190
B alance....................................
filled. Up to Thursday the securities deposi'ed under the
* $93,€40 of this w as for p e rm an en t im provem ents.
plan were as follows: Slock, $100,078,200 our of $102,000,000;
general mortgage 4s, $127,795,500 out of $129,320,776; second
GENERAL BALANCE SHEET JUNE 30, 1895.
mortgage As and old iccomes, $78,421,500 out of $79,191,107;
Liabilities.
Road an d e q u ip m e n t...$3,362,480 C apital s to c k .................. $2,000,000 second mortgageB3, $9,973,000 out of $10,000,000.—V. 61, p.407‘
Bonds & scrip on h an d .
10,760 F irst m ort. bODds........ 1, 500,000
4tell isoii Topeka & Santa Fe RR.— C h ic a g o T e r m in a ls —
250,000
Stock and scrip on h an d
376.760 Pref. 1 st m ort b o n d s ...
Press dispatches from Chicago say that under the pre­
Cash.............
17,354 L oan of bondko’ders’
c
o
m
m
itte
e
...................
20,000
M aterial and fu e l..........
863
vious agreement with Clen. Torrence (see V. 61, p. 365) the
A ccounts p a y a b le .........
21,395 Atchison reorganization committee has about completed ar­
D ue from agents, con­
M isc e lla n e o u s ...................
233
ductors, P. O. D ept.,
rangements for purchasing the Chicago terminal property,
RR. com panies, e t c ...
7,550
Incom e acco u n t............
15,861
the title to which is now held in part by the Chicago Elevated
T o ta l.............................. $3,791,628 Terminal Co. This teimiual property, which is of great
T o ta l............................. $3,791,628
value, was transferred to the Chicago Terminal Co. under a
Norfolk & Southern RE.
contract, the terms of which were mentioned on page 151 of
the C h r o n i c l e for July 27, 1895. One object of the transfer
( F o r th e y e a r e n d in g J a n e SO, 1895J
was to obtain tbe elevation of the tracks riquired by the city
Earnings for ihe late fiscal year compare with previous wilhout exper se to the Atchison. Circumstances have never
yesrs as follows :
favored the Chicago Terminal Co.’s enterprise, and the tracks
EARNINGS, EXPENSES AND CHARGES.
have not teen raised as intended. The adjustment with the
Terminal
Company is said to have been made on a mutually
1894-95.
1893-94.
1892-93.
$
$
<$
satisfactory
basis, but it is unknown whether Gen. Torrence
G ross eam iD gs...............................
436,595
435,383
437,160 is to receive $1,000,000 as reported oralesssum,—V. 61, p. 470.
E x p e n s e s .......................................
292,974
289,234
299,0*6
Atlantic Avenue RR. (of Brooklyn).—Earnings for the
N e te a r n in g s ............................
143,621
146.149
138,104
Add o th er incom e..........................
2,041
2,811
3,010 quarter and tbe 12 months ending June 30 have been reported
as follows. The 6trike in Januaiy, 1895, caused a heavy loss
T o ta l.......................... ................
145,662
148,960
141,114 of income :
Deduct—
“ D i n i n g t h e h s t 1 a lf o f th e p a s t y e a r th e r e h a s b e e n a n m c r f f se in th e tu M L e ts ( f th e r o a d . T h e c r o p p io s p e c ts in t h a t
p a r t o f M is so u ri c o n tig u o u s to o u r r o a d p r o m is e a n a b u n d a n t
h a i v e s t a n d core* q u e n t l y a g o c d f a ll a n d w in te r b u sin e ss, a s
t h e r e s u lt o f w h ic h th e t i u s t e e s exptcfc t h a t th e y w ill b e a b le
t o a c c u m u l a t e f u n d s w h ic h c a n he a p p lie d to th e p a y m e n t of
i n t e r e s t o n th e n o n - p r e f e r r e d b o n d s d u r i n g th e c o m in g y e a r .
If th is e x p e c ta tio n is r e a liz e d t h e r e s u l t s h o u ld b e v e ry s a tis
f a c to r y to th e b o n d h o ld e r s w h ile a w a i t i n g so m e c h a n g e in th e
a f f a ir s o f t h e r o a d , w h ic h c a n n o t lo n g b e d e la y e d .”
E a r n i n g s , e x p e n e e p , e tc ., h a v e bf e n a s fo llo w s :

In te re st on b o n d s____
S 33,000
31,250
T ax es........................ ..... ................ | 46,070
{ 8,892
8,259
O h e r charges.................
9,182
1,605
D ividends........................ ........ ( I p . c.) 80,000(1 p. c.)80,0 0 0 (4 p .0 )SO,000
T o ta l..............1........ ................
B alance, s u r tlu s ........... ................
—V. 60, p. 302.

126,070
19,592

130,774
18,186

121,114
20,000

3 months
Gross
enel. Ju n e 30. earnings.
1895........
$230,143
1894................ 241,484
12 months.
1894-5.............. $854,206
1893-4............. 897,712

Net
earnings.
$18,833
90,352

Ollier
income.
$14,731
8,222

Interest,
taxes, etc.
B alance.
*76,679 d ef.* i3 ,1 1 5
71,222 sur.27,352

$123,098
288,873

$69,615
62,449

$284,423 def.$91,710
234,262 sur.117,060

Loans and bills payable June 30, 1895, $261,368, against
$135.(00 cn Dec. 31, 1894.
The Brooklyn Bath & West Erd RR., which is leased and
operated by the Ailanlic Av. m e. showed a deficit under
G EN E R A L IN V E S T M E N T N E W S
charges of $1,236 for ihe quarter ending June 30, 1895, against
Reorganization Plans, etc.—The following is an index to dtficit of $2,(39 for the 1894 quarter.—V. 60, p. 1144.
all defaults, foreclosure sales, reorganization plans, the names
g h a m Sheffield A Tennessee R i v e r R R . —F o r e c lo s ­
of all reorganization committees, and all statements respecting u r eB Si ramlein
.— A t Sheffield, Ala,, od Sept. 16, this road was sold
the payment of overdue coupons, that have been published in for 8500,000
under foreclosure of the first mer'gage to James
the C h r o n ic l e sin c e the last editions of the I n v e s t o r s ’ and
Leper of Philadelphia and J. Kennedy Tod of New York,
the S t r e e t R a il w a y S u p p l e m e n t s were issued, all earlier G
facts of this nature being set forth therein. It does n o t, representing the bondholders.—Y, 61, p. 111.
however, include matter in to-day’s C h r o n i c l e .
(lenir.il Hit. A B a n k in g C->. of 'iaor da —Sale o f C o l l a t e r a l .
The following abbreviations are used: P la n for reorganiza­ —Tbe collateral pledged for the tinting debt was sold Sept. 18
tion or readjustment plaD; c o u p , for coupon payments; d e f., for $1,000,000 to representatives of tbe reorganization com­
for default: Com , for committee.
mittee.—V. 61, p. 471.
Velume 61.
Page
Volume 61.
Page.
Chicago & Jefferso n U rb a n Transit—S to ck A s s e s s m e n t.—
Ad- Ison & p e n n a ............... def. 469 Louisv. Ev. & St. L .......... coup. 366
Allegheny & Kiuzui..........sale. 365 Memphis A C harleston..coup. 196 Tbe stockholders of this company, which is understood to be
A tchtsen T. A 9. F e .........sale. 365 N. Y. L. E rie A W ..8ale, 325, 4" 2
controlled by Mr. Yerkes, have been called upon to pay an
Colorado M idland....... coup. 195
do
do ....................plan. 366
assessment of $40 a share on all stock not full paid. The auSt. L. A 8. E ra n coup. 151, 470 N. Y Penua. A Ohio....... plan. 472
O ent.IionC o.- S o .Iro n l’o.si/fe. 151 Ohio S outhern .................. coop. 367 t borized cafitai is $2,000,0(0, of which $1,000,000 stock is out­
Cent. E ft. A B. Co. of Ga. sole. 365 Oreg. Ry. A N av.s It ol coital. 152 standing, and to this last tbe assessment applies. The direct­
C hatt. Rome & C o l.. - Com . 470
(1o do decree o f forc'd. 241, 472 o r say they desire to build ihe road without issuing b mds.
Chic. & So. SideR. T. Co. Com. 470
do do
................. plan. 325
Ohio. Peo. A St. L ...«a/e. 280, 470 Ore. S.L.A U.N.decreeo/ fo ra l, 241
Choctaw O k la h o m a & G n lf RR —E x te n s io n —The exten­
do
do
..p la n . 365
do
do . ............... corn. 420 sion, 121 miles in length, from Oklahoma Oity to S >u’h Mc­
Cin. & Green R iver.......... sale. 470 P eoria Dec. A E v .. .
coup. 367
Alister vs ill be epened fe r traffic on or about Sept. 21.—V.
Col. A H ocking Coal & I. Com. 240 P ort Royal A W est. C a r..sale. 282
Colum bus Sand. & H ....... sale. 195 P u e b lo C ity R y ................. sa le. 472 61, p. 68.
D enver City C ab 'e.......... sale. 470

D ielilling A C. F ...............sale.
F lo rid a Mid’a n d ..............Com.
Georgi* A A labam a___ p la n .
G len H av en R R ................sole.
Green B. Winona A S t.P .p la n
Ja ek v . M, P. Rli. A N a v ..sale.
K entucky A Tad. B iid g e.coup.
K entucky Mid................... sole.
K iuderhook A H udson.. Com.
K noxv. Cumb Gap A L .sale.

Rnekaw ay V a l l e y .........sale. 197
2 s l S avannah A W est sale. 365, 470
470 Susq. A T idew ater Canal sale. 473
470 - T exas T ru n k .......................sale. 241
471 T exas W estern R y......... sale. 328
471 Union P ac.coll. t.r.g. 6 s.coup. 153
152 U. P. eq u ip m en t bonds, coup. 431
240 U nited S tates Book Co. com 431
420 U . 8. C o rd a g e .................... Com 328
47! Valley of O h io ........ sale. 198, 473
471 Waco A N o r th w e s te r n ...sale. 431

C itizens’ T r a c t i o n —F o r t P i t t S t r e e t R y ( ' it ts b n r g ) .—

L e a s e . —The

Citizens’ Traction Co, has called a special meeting
to vete upon a proposition to lease the road to the Fort
Pitt Street Ry for 950 years at a guaranteed dividend of
6 per cent per annum. This is said to be one step in the pro­
posed consolidation.—V. 61, p. 153.
Columbus S an d u sk y & H o c k in g Ry.—F o re c lo s u re S a le .—
Foreclosure sale of this road occurred on the 14th iD s t . a t
Atchison System— Vtlant.fc & Pacific RR. - F i a n k f o r t Buevius, Olio. The bondholder’ committee were opposed
C o m m itte e . —At a meeting of the Frankfort and Amsterdam in the bidding- by W. T. Watson, of Columbus, who raised
committees of Atlantic & Pacific bondholders Sept. 16 it was the committee’s bid of $1,500,000 to $4 000,000. The property

September 21, 1895.]

THE CHRONICLE.

was fiaaliy knocked d i n to the a immicte? at Si, 100,000. On
the following # iid ty W. E. G iiria , whs condoned th? bid­
ding f Jr the committee, file! a mr.ion to set %*iie t h * sale oa
th? gro m l tb it W. C. Watson w t a n t t a b ona f i l e bidder.
Toe Court suvaiaed th? m itioa and ordered a new sale, re*
quirt ag the successful bi tie r t i p i " up with th * Master $500.iai) bonds o ' the rojd or its eqiival «nt. T uestle i* to be ad ­
vertised for 30 days. Tii? commute? state that they represent
85 percent of th? bonds in the reorganization.—V, 61. p. 195.
Galveston La Porte & H itiston lly .—Xeu: B onds —Regard­
ing the new bonds mentioned last week, the following U fur­
nished the CH30VICL? by Mr. J. J. Arthur, S scrawny to the
Texas Railroad Commission :
J u a t a o itU io n o f bond? in all has been a p p ro v a l a n l re ris te re l f o r
th e G a lv e s to n f,» P o rte A H > a *'» a B r . w h ic h i f b a m ,' c o m p le te d
b o tw e ? n H o u s to n a a d O itv a s to a . a b o u t 56 mile?, ® w i b o n d s w e re
re g is te re d a * io lio if t i: $ 7 0 yw 30 o a f u ly 8 a n d # 8 6 9 .0 0 0 o ft S e n t 3,
b o th ta p u rsue ace o f a n a u th o r ity Issued b y th e C o m ni-tai in o a M a rc h
1 3 la s t fo r *a id ro a d to issue its b a w ls n o t to exceed -$ {9 ,4 0 3 p e r m ile .
W h en we c o n s id e r t i n t th e c o tto n c ro p o f T e x a s fo r y e a r e n d in g
A Harvest 31 la s t w ,» o v e r to re * m ilii to b i l e s . a b o u t h i l f o f w h ic h fo u n d
it* w a y th ro u g h th * p o r t at Q liv e s to n . e n d t b i t th e r e a r e o n ly tw o
r a il h u e s no w la o p e ra tio n to G iiv e a to a . t h i im o o r ta a e e o f th ? th ir d ,
th e G a lv e s to n L i P o rte A H ) is to a , w ill b i a d m itte d —V, 6 L, p . 170.

517

foreclosure, the Light & Power Company, which operates
the street railway, etc., being unable to meet its interest.
Oregon Railway & Navigation.— P la n A d o p te d —At a
meeting of the c >1lateral trust mortgage bondhol iers on M >nday the reorganization plan was ad mted by a vote representiotr $4,337,000, ou of a total of $5,182,000 boidc
Foreclosure S ale. —The sale under the consolidated mortgage
is advertised to take place 0;tob?r S in Portland, Ore. No
upset price is named.
Sale o f tr u s t S e c u ritie s. —The auction site of securities
pledged for the collateral trust bonds, which has b >eu twice
adjourned, is now advertised for S -p\ 38,1805 —V. 61, p. 472,
Oregon Short Line k Utah Northern R f . —Foreclosure
S u it. —At Salt Lake City, Sept. 17, the attorney of the Amer­
ican Loan & Trust Company, as mortgage trustee, made ap­
plication for foreclosure of the consMidated mortgage, Judge
R.ripr ruled that the notice to the defendants was insufficient,
and continued the matter until Sept. 27.—Y. 61, p. 430.
Peoria D ecitnr & Evansville By —S tockh olders' Commit­
tee.—A protective committee of stockholder*ha? been Turned,
consisting of Robert Maelav, President of the Knickerbocker
Trust Company; George W. Qnintard, Vice-President of tbe
Eleventh Ward Bank; Edward A'. Loew, President of the
New York Real Estate Company; William F. O vena, of Beers
& Owen*, and Henry Aitken, of Elizabeth, N. J. Stock­
holders are invited to send proxies to the Kniekerb :cker Trust
Company. Prompt action is required, a* foreclosure i* im­
pending —Y, 61, p. 472.
Pnilailelphia <fc Erie R R.—M in o r ity S tockholders' Oxse —
Court No. 2 in Philadelphia on Thursday overruled tbe de­
murrer of the Pennsylvania RR. in tbe suit brought by E iward Wolf to secure an accounting, etc. The Court grants
the Pennsylvania RR. Co. leave to answer th? allegations,—
Y. 60. p. 300.
Pntladelphja 0 a « .—D ividend D eferred .—The regular one
p*r cent quarterly dividend is not to be paid at present. The
directors *iy tb tt ths divblen I is def-rre i >><euite of tin expen*?, estimated at between 8 >):),()*) J and $731,030, of bail ling
the new line* to the West Virginia gas field<. a dwtancj of
sixty-five miles.
PiiUaiLdp tl t £ R*tdi tg 8 # .-.4 * n " i* in F<) •■ ■ dartre.
S u it —On H-pvro w 13 th? Poiia lelphta A R a d in t Rtllroid
and C >al St Iron co up mi?* flltd th »ir an*w *r» to th t suit ia
equity for the forectmur* of the R ■» ling'* general miftgag?.
'fn>- answer mtk-H the following ad ni-si >n* of founal
matter*:

M rtropilltan Rti. Co. (Washing to i ) - - \ ' 2ir Bonds.—Tnis
company h is s>ld the balance of th? $1,850.0)0 loan, of wh'ch
$700,000 was marketed late in 1804. Tue Ninth S r?et line was
completed about the middle of August, and for th j 2 1 days
ending Sept. 12 th? grots receipts of the company were $16,551
against $9,961 in 1694.—V. 01, p. 152.
National Lead—D iv id e n d —This company has declared a
dividend of one per cent on the common stock. Toe last
previous dividend on this sto rk was one per cent, paid in D ■camber, 1894, three per cent ia all being paid during 1894.—V.
60, p. 349.
New England RR.—New fo rk "New Haven A lltrtfo rd
R B .—C ontrol o f New E n g lan d R R —Mr. J, Pierpoot Morgan
on Thursday confirm** ! the report, which has h?en generally
believed for some months past, that h*- holds control of the
New England KR., formerly the New Vork & New England,
having purchased the certificates representing the acock in
the open market list spring. Mr. M irgan say- h« h is off-wed
the control of th *road to the N *w York New H tveu & II irtfoni at the price at which he bought it. and that he has no
doubt the offer wilt be accepted,—V. <1. p, 420, 473
New fork Lake Erie A W-*lerti R R.—L istin g ,—'The New
Yotlt Stock Exchange has listed J, F, M<»rg »u & Co'* r—
chip's for dep wi* o ' Erie socks on the aasuraoea that a ma
't g m -ral ;n t r '
i o v i - ( m u t* a > P n ; I * - “ ) , t $ v - . |» $ 16,jo rttj b « b * a deposited. Yesterday was the I •*« day for re­ t7TU
3 . i * * 77 . ln?!ti U nv *1.7 0 .0 9 0 o f * >14 n in I* p ie l p i t 1 1 a»o in>. th e
ceiving assessments. U h said that there will h* «l no»t a I'.ir T rn * t. -erle» Oof M areh 1, t $ 9 >, Th * In c o m e m o r l g ic e b n m lio a tunanimous payment by t h e shareholders. A majority of Erie • te s iti'n r Wore »* follow *: f i - .i t p r e f e r e a c •. r ;a,*> h i. <.n : *«e m l profrn-iiM*. * * .1 7 0 .P - - 7 -; th ir d o re fo r ■iirp 62 >,9’) $ ,7 t0 5 $ .
rite "l>*{stock is held abroad-—V. 61, p. 473.
o ' l ' i i " o f ih * r •<i i t i . i ,• i ' - 1 t i ini . ( c i • • r>“ o -d r* o f i.h • C , ir t,
** a t i t « i s I , t so '!, * i,7JO , to ”. of w h ic h $ f,5 0 $ ,6 12 iv >re on
Sew fo rk Sc New Engl mil KR. - N *vr England HR —Re wi 'fere
o u n t of f t ■n . ro i.i > i lip i n y a n d t i n 7,3 >3 o i a n u t o! th • Co it
d s m p tim o f i d M ortgage B o n d s .—Noticeis given th*> on 0 ;t * ifo
i cvimpany.
1st, 1895 the i.-( ruth »te~ reprtfarming -*cord morigige The " ll '» t - g i l e h c of th e U iP .ro »4 C o m iaoy a * o f A n g a * t 1 . 1535,
,i A f in <' m :> iiiv a* o f d u u i 3 3. H U S,
bonds of the New fo rk & New England KR entitling the ■' .« * .•,i t * , 0 1 7 , a ‘i'1 o f P i ,6 7 3 ,0 Kk for thn
o f the HU iro i.i Com ia o y th're are
holder* to receive par and Interest for their hoods, will ne re­ tIptieoilset
e d : vwrititt* •e sia rt'i* * * « fr tig h tl# g I it r ilu ? « 9 ,5 5 3 .0 0 0 , a n il fo r
deemed, to wit. those i,-u-d by the M tollm an Trust Comp my I he d e b t o f U if C o il V iro > C.,.ii m i . ' ,■ trill >« v P u ■I a t * i . 7 l i j ,0 ) J :
at it* office in New York City, and those issued by die Old : O'tmr liabilities of tile KiPf ail Comptuv Jalr 1 . 1993 agrresatoit
*,3*'5.n7 t. ,a ,t f t th • <Vk i . t {rn i C o m r in y y T.s ip .H t i i i m m Colony Trust Company at its otdi- i i B *to«. No interest 5-!
Hon th e K ailrt.it I C n n w t i v h i t e i i'ir* * a n , t e * o f th e P iiU a l ih ih li
will be allowed after Out. !, 1895,—V. 61, p. 472.
Ite a 4 lu tf.it N ew K ug U n d l t i t . O m npany fo r # 3 5 0 ,0 0 0 .
New York Sow Haven k Hartford R t,—,\V;r D ire c to r—
The answer denies that ja m w B -ll. or anybody for him,
The directo-s have ch «*»n Arthur 1) O born, of New Us* run i<- any d -muid for ptymant of 418 g moral m irt’gag* cou­
yen, a director to succeed ex-G tv, Morris, dice ured. Mr. pons of $30e-ioh, falling du>nn July l. HIM; denies that any
Osborn »* President of the Second National Bank
auoh deni m l tv 35 no id • m writing, an-l d ini - that the writ­
A n n u a l M eeting.—A t the annual meeting a t stockholder* to ten ootico set „ii in th,. tiid of .• m p l tint Isa d»mand within
be held Oct, 16 action will be taken upon the absorption the term* <if Article 4 at th* mid on rtgigi.
of the Ntofiibgt >n 8 eamsbip tine and a rttifl ration of ths
In conclusi m ft i* stated th tt “ th > d?fendan‘s, ho vever,
t ien* ral Assembly bill authorizing an indrease of the *ie»ra- av»r that th?r- arc in th i hand* of their receiver* certain un­
boat company stock to $1,000,<MX); ai to th* rmidcstioti of acts pledged wMe’s of very considerable value, which miy be apauthorizing toe absorption of the XJm ru W hirl Company pli d to the paym »nt of th»tr Ha tihties To »re are al*i Urge
and the TomUnsoa Bridge Company. whose stork » o bought sumi Of tnon y due the rec ivers from c mnecting railroad
by the railroad recently. The President at this meeting will c unpmi-* and various o h ir deb or*, a U rgi part of whieh is
present hi* annual statement.—V. 61, p 472.
c il|pcti'de.’r
The bill of complain*, is aske i to b? dismissed.
North Carolina RR .—Southern R y .-j, t, .—The stock­
Th* ans wer d—cribw the “other liabilities’*as of July 1, 1805,
holders of the North C arotiua K iilnad, at a meeting in
Greensboro, N. C . S *pt. 17, unanim mdy ratid- i the lease of as foil j,.-..
their road, m ide Aug. 16, for ninety year*, to the Southern C ar t r u s t re rtifl. , | m . $2,37J.0*)O I o i e m t u n ? a t(l V,irion* old bond*. . . .
7 7 ,3 6 0 ; P i i o r to tf-o . m o r t ...
$ 2 1 8 ,0 4 8
Railway Company.—V, 61, p. 335, 363.
Dell lo in , i - s i . t o - l l
8 ,3 6 0 ,0 3 0
( l e t o r a l la o r t a a g e . .. 4 ,4 8 7 ,3 9 4
Northern Pacific RR.— ireat Northern B y .—Inju n ctio n 81 >fc. f i u d lo a n , HPStI P r e f e r re d b o m l * ___
1 1 1 ,7 0 4
1 9 0 2 ............................
1 ,9 3 1 ,0 1 0 I n t e r , ‘*t o c - r ip i! . . . .
4 6 3 ,6 9 3
S u it# —At St. Paul. Sept. 14, Judge Sanborn denied the mo­
tru s s l o i n , 19U2IC u rre n t b u s in e s s d e b t*
6 1 3 ,8 4 4
tion of Prat-all ia the preliminary proceeding* for an ioj mo­ Coil,
i w t i _______
1 0 .0 0 0 .0 0 3 ! C o n n e c tl Ig R R . CO*...
2 3 9 .1 6 9
tion to prevent the propos d agreement between ihe Northern K q n liu n e n t n o te * ......... 4 ,3 1 1 ,1 8 3 r a x r * ..................................
4 4 ,0 0 0
5 2 7 ,0 5 8
6 0 1 ,1 0 5 F. II. P rin c e * C o ...........
Pacific and Great Northern companies. The cate must, how­ M' ..f - .
T raflio a n d i-v p . v o u c h . 1 ,0 1 6 ,2 4 * i
—— ------------ever, be heard on its rn- rits.
8 0 1 ,0 1 .5 1
$'J{J,365,873
On Sept. 17 Attorney Genera! Child*, for the State of Min­ R e n ta ls ...........................
The Philadelphia & Reading Coal & Iron Company has out­
nesota, also hr,Might suit to obtain an injunction against the
deal on the ground that it is contrary to the laws of toe State standing;
Re eiven*’ n o te * ..........
$ 1 7 7 ,8 !4 | F . i t R R R . Co , a c c o u n t
and would prevent competition —Y. 61, p. 367, 42), 4id.
C u rre n t b m la e * * d - b t* .
1 H .S 9 9 j toil*, e tc .
................. $ 1 ,8 7 0 ,7 0 3
North & East River By New f o r k >—Foreclosure S ale — F r e ig h t a n d toll b ills .. 2 5 8 ,3 2 3 Coal i ru s t certificates.. 4 ,6 0 0 ,0 0 3
(,e,0
puroha-f*
..........
152,079
Deb.
tiouda,
1972-1*82.
2,000
The sale of this road ia advertised for Got, 10,
Wave* and m a te r ia l* . .
8 >5,792 |
-----------—
Old Polos) RR.—New fo rk *«w H aven* H artf ird RR.— Uncollected iat*.re*t ..
3t, J271
$7,890,547
-Vein Sto-k. —R L Dav & Co. will sell by auction at B r*tori on - V . 61, p. 431.470.
Wednesday, Sept. S3, at litSO A. SI . by order of the director*,
P ittsburg Street Railways—C o n so lid a tio n .—It was re­
6.Of0 shares of Old Colony RR. stock to provide fund* for im­ ported this week that the de ails o f the p r >p Med Pittsburg
provements —Y. 61, p. 47 >
consolidation were being arranged and that all the road* of
Oiymp'a Light k I f t n e r —Foreclosure S u it—The American Pittrburg and Alleghany except three would be brought, under
Loan A Trust Co. a» trustee of a mortgage for $330,000. under the conlr >lof toe Consolidated S reet Railway Co. M r.E nm et
which $180,000 bond* have been sold, ha* brought suit fot C. Gibson, who i* prominent in the negotiation, is quoted as

THE CHRONICLE.

518

eavire that “ the deal is practically assured of consumma­
tion,” but Mr. Elkins says a month may elapse before any­
thing definite is dtcided.
Trunk Lines Meeting'.—There was a full attendance
of the presidents of the trunk lines and their principal West­
ern connections yesterday to consider the report of the com­
mittee of sixteen presidents appointed June 27 last. The
agreement heretofore considered was amended in several of
its features and further referred to a committee of eight for
revision and re-submission at another meeting of the presi­
dents. It was also desired that the document be submitted
to counsel and boards of directors of various companies in
order to assure conformity with State and inter-State laws.
The sub-committee will meet to-day. The committee is
constituted as follows : O. G. Murray, Vice-President Cleve­
land Cincinnati Chicago & St. Louis Ry.; E. B. Thomas,
President Erie ; Wm. Duncan, Vice-President B. & O. S W,;
D. S. Gray, Pennsylvania Western lines ; C. M. Hays. VicePresident’ Wabash ; J . B. Garrett, Vice-President Lehigh
Valley ; L. J. Seargeant. General Manager Grand Trunk, and
H. J. Hayden, Second Vice-President New York Central.
Union Pacific Ry —P a y m e n t o f Coupons,.— Pursuant to
Judge Sanborn’s recent order, the Union Pacific receivers be­
gan paying on Thursday through the American Loan & Trust
Co. of Boston, the overdue equipment trust bords and cou­
pons, series A, B and C, aggregating about $950,000, includ­
ing 5 per cent interest on such overdue coupons and bonds
from the dates when they respectively became due to date of
payment.—V. 61, p. 473
Union Traction (Philadelphia)—Officers, E t c - O n Tuesday
this ermpany, which is to absorb the Philadelphia, Electric
and People’s Traction companies, was formally organized.
John Lowber Welsh, President of the People’s Traction Com­
pany, was elected President of the new corporation, and
Charles O. Ktuger was chosen Secretary and Treasurer. The
Board of Directors was elected as follows: P. A. B. Widener,
W. L. Elkinp, James McManes, Thomas Dolan and George D.
Widener, of the Philadelphia Traction Co : J . Lowber Welsh,
Wm. H. Shtimerdine and Caleb F. Fox. of the People’s Trac­
tion Co., and J. J. Sullivan, Alexander M. Fox and Alfred
Smith, of the Electric Traction Co. It was voted to increase
the capital stock from $100,000, the sum named in the char­
ter, to 130,000,000, as originally decided upon.—V. 61, p. 431.
United Stales Cordage—L is tin g .— The engraved Manhat­
tan Trust Company certificates of deposit for $5,873,800 guar­
anteed stock, $7,418,300 preferred stock and $18,858,500 com­
mon stock were admitted to the list of the Stock Exchange
on Thursday.—V. 61, p. 431.
West Chicago S treet RR.—New B o n d s A u th o rize d .—The
directors of this company have authorized an issue of $1,000,000 of 6 per cent debentures to pay for electrical construction.
President Yerkes is quoted as saying :
Enough -will be realized from thlsissu e to about pay for the exp en d it­
ures which have heeu made up to the present time. The work of electrio construction will be completed in about two months. There w ill
he some further Indebtedness incurred in com pleting the work, but It
will not he great, and It does not necessarily mean that there w ill be
another issue of bonds. The company is m aking very sati-faetory
earnings. The last two m onths have been particularly saiisfactory.
The n et earnings for August show an increase over August of last year
of between $50,000 and $60,000. This Is duo chi-fly to the eleotrio
equipment. The elevated roads, however, have interfered with us con­
siderably. With a larger gross business than last year tlieoperating e x ­
penses are now materially less than they were a year ago.—V. 60, p. 260.

W’estchester Electric Ry. (New York)—Union Ry.—Earn­
ings of the Westchester Electric for the quarter ending June
30 have been reported as follows. The road is 35% mile8
long and is operated by tbe Union Railway of New York City;
3 mon. end.
Gross
Ju n e 30.
e’rn 'g s.
1895........... $30,129
1894........... 10,733

Net
eam in q s,
$10,616
1,614

Other
income,
$97
....

Interest,
taxes, etc.
$7,391
6,299

B alance,
sur. $3,322
def. 4,685

[VOL. LXI.

fjtc p o v ts a n ti J l o c u r a m t s .
N A S H V IL L E

C H A T T A N O O G A

&

ST .

L O U IS

R A IL W A Y .

FORTY-FOURTH ANNUAL REPORT—FOR THE FISCAL
YEAR E lNDING JUNE 80, 1895.
N a s h v i l l e , T e n n .,

July 1, 1895.

To the S h areh olders :

Tbe Boird of Directors of the Nashville Chattanooga Sc St.
Louis Railway respectfully submit their Forty-fourth Annual
Report for the fiscal year ending June 30, 1895.
LE N G TH OF ROAD.
M a in L i n e ...................................................................................................... 326*21 m ile s
M c M i n n v i l l e ..................................................................................... 69 06 m ile s
F a y e t t e v i l l e & C o lu m b ia .......................................................................... 86*47 m ile s
H u n t s v ille & G a d s d e n ............................................................................... 80*21 m ile s
L e b a n o n .......................................................................................................... 29*21 m ile s
T r a c y C i t y ...................................................................................................... 20*73 m ile s
S e q u a tc h ie V a l l e y ...................................................................................... 66*49 m ile s
C e n t r e v i l l e .................................................................................................... 61*88 m ile s
S h elb y v i l i e .............................................................................
8*01 m ile s
W e s t N a s h v ille ..................................................................................
f *00 m ile s
W e s t e r n & A t la n t ic R a ilr o a d ( L e a s e d ) ................................................. 136*82 m ile s
R o m e R a ilr o a d ............................................................................................. 18*15 m ile s
T o t a l ................................................ ............................................ 902 *24 m ile s

The only change in mileage is the addition of the Rome
Railroad, 1815 miles, all the st )ck of which was purchased in
October, 1894, and the earnings of that Road have been in­
cluded since that date.
F IN A N C IA L .

There has been no change in the aggregate amount of the
bonded debt, $14,923,000 00, since last report.
$20,000 00 of Tracy City Branch 6 per cent Bonds have been
redeemed, and the same amount of First Consolidated five per
cent Bonds issued in lieu.
The $162,000 of First Consolidated five per cent Bonds held
in the Treasury as per last report have been sold, together
with $20,000 00 issued in lieu o the same amount of Tracy
City Branch six per cent Bonds redeemed.
G E N E R A L RESU LTS.
GR OS8 E A R N IN G S.
P a s s e n g e r ............................................................. $ 9 6 5 ,4 3 4 63
F r e i g h t ..................................................................3 ,2 7 9 ,7 0 8 63
M a i l ....................................................................... 1 45 ,512 89
6 1 ,9 0 5 10
E x p r e s s ...............................................................
R e n t s .......................................................................... 1 5 5 ,9 4 0 6 3 - $ 4 ,6 0 8 ,5 0 1 88
O P E R A T IN G E X PE N S E S.
M a in te n a n c e o f W a y ............................................... $ 4 4 9 ,6 3 8 89
M a in te n a n c e o f E q u ip m e n t ................................ 3 1 3 ,3 8 5 68
C o n d u c tin g T r a n s p o r t a t io n .................................1 ,8 0 4 ,0 9 4 25
G e n e r a l E x p e n s e s ............................................. 1 5 9 ,2 4 1 1 2 — 2 ,7 2 6 ,3 5 9 9 4
N e t E a r n in g s ...............................................
$ 1 ,8 8 2 ,1 4 1 9 4
D e d u c tin g c h a rg e s a g a in s t i n c o m e :
In t e r e s t .................................................................. $ 9 5 2 ,6 4 5 00
T a x e s .................................................................... 1 2 4 ,7 8 0 17
Im p r o v e m e n t s ...................................................
2 1 ,8 5 8 56
R e n t a l W e s te r n A t l a n t i c R a i l r o a d .............. 4 2 0 ,0 1 2 0 0 — 1,5 1 9 ,2 9 5 7 3
S u rp lu s..........................................................
T o th is sh ou ld h e a d d e d :
B a la n c e as p e r la s t r e p o r t ..............................
D iv id e n d s fr o m sto c k s a n d b o n d s ................
O n e h u n d red a n d e i g h t y t w o F i r s t C o n s o li­
d a te d M o rt. F i v e P e r C e n t B o n d s s o l d . ..
In c r e a s e in l i a b i l i t i e s ......................................

$ 3 6 2 ,8 4 6 21
3 3 ,8 7 2 08
1 8 ,4 2 4 09
1 8 2 ,0 0 0 00
3 4 6 ,5 2 3 29

T o t a l ......................................................... .
$ 9 4 3 ,6 6 5 67
W h ich is a c c o u n te d f o r :
D iv id e n d s p a id .................................................... $ 4 0 0 ,0 0 0 00
R o m e R a ilr o a d .................................................. 2 0 4 ,7 5 7 69
In c r e a s e in c u r r e n t a s s e ts .............................. 1 9 0 ,2 5 1 6 8
C h a n g e o f g a u g e a n d c o n s tr u c t io n .............. 1 1 8 ,2 1 1 1 4
T r a c y C it y B o n d s ...............................................
20 ,0 0 0 00—
9 3 3 ,2 2 0 51

There are $500,000 of Westchester Electric bonds and $500,000 of stock. Profit and loss deficit June 30, 1895, was $2-1,$ 1 0 ,4 4 5 l f i
B a la n c e .........................................................
250.—V . 60, p. 838.
C O M P A R IS O N .
West End Street Ry (Boston).—E a r n in g s — The W a llS tre e t
The following statement shows operations of the road for
J o u rn a l prints a monthly statement of earnings for this com­
pany for tbe years ending Sept. 30, 1894 and 1895 (September year ending June 30, 1895, compared with previous year :
..
,— Y e a r en d . J u n e 30 ,’ 95.— «/— Y e a r e n d J u n e 30. ’ 94.—.
estimated). The total shows gives for tbe year 1894 95
$
$
$
$
$7,596,000, comparing with $6,720,000 in 1893-94. an increase G ro s s E a r n i n g s . . . 4,6 08,50
1 88
4 .5 2 1 ,6 6 1 85
of $876,000.—V. 60, p. 303.
O p er. E x p e n s e s ..2,7 2 6 ,3 5 9 94
2 ,6 7 1 ,1 7 9 37
Winona & Western Ry.—F in a l D ecree.— Judge Caldwell Net E a r n i D g s ........
1,88 2 ,1 4 1 9 1
1 ,8 5 0 ,1 8 2 4 3
has filed the final decree in tbe case of tbe Winona & South­ I n t e r e s t ................... 952 ,645 00
9 0 2 ,8 9 0 00
119 681 27
western Railway Company, reorganized as the Winona T a x e s ....................... 1 2 4 ,7 8 0 17
R
4 ^ 0 ,0 1 2 0 0
420,->12 00
& Western. Judge Caldwt II orders that the owners o* RI me np traolvWe m. &e nAt.R
s . . . 21 ,8 5 8 56 1,5 19,29 5 73
2 5 ,5 3 7 24 1 ,4 6 8 ,1 2 0 51
tbe bonds, coupons and certificates secured by the mortgage
be paid a dividend of 16 2-10 per cent of tne face value of
S u r p lu s ...........
3 6 2 ,846 21
3 8 2 ,3 6 1 97
their holdings and that a judgment be entered for the balance
Earnings and expenses per mile for four years have been :
remaining due.—V. 59, p. 839.
1891-92.
1892 93.
1893-94.
1894-95.
s s E a rn in g s
............. $6 .0 0 9 00 $ 6 ,3 3 5 53 $ 5 ,1 0 4 22 $ 1 ,1 0 9 20
Worcester Traction.—The Massachusetts State Railroad OG ro
p e r a tin g E x p e n s e s
4 ,1 0 4 U6
3 ,8 7 5 81
3,0 18 28
3 ,0 22 57
Commissioners have approved the lease of the North End
Street Railroad to the WorcesterConsolida’ed Street Railroad
Net Earnings................ $2,504 94 $2,459 72 $2,090 94 *2,086 63
Company forjiinety nine years. The terms of the lease are:
Gross earDings per mile for the past ten years have been :
First year, $7,250; second, $7,750, and every year thereafter 1885- 86.....................................
$3,772 59
UDtil the expiration of the lease $8,000.—V. 59, p. 1142.
1886- 87.............................................................................................. 4,623 74
—The resumption of dividends by the Denver Consolidated
Gas Company is interesting as showing the revival of business
in Colorado. The last, dividend was paid February 1894. The
directors have just declared a dividend of 1 per cent, payable
October 1 at the office of Maitland, Phelps & Co.

1887- 88.........................................................................
1888- 89................................................................................................
1889- 9 0 ....................................................................................
1890- 91................................................................................................
1 8 9 1 9 2 ..................................................
189 2-93...................................................
1893- 94.................................................................................................
1894- 95...............

4,756 39
5,077 17
5,445 49
6,048 01
6,609 0 9
6,335 53
5,109 22
5,109 20

September 31, 1895.1

519

THE CHRONICLE.

The proportion o£ operating expenses to receipts for the 374 feet of cedar pile trestle built and 9,464 lineal feet of cedar
pil g have been driven,
same period was :
BRIDGEPORT ELEVATOR.
1885- 9 8 .............
.6 0 -4 0 p e r c e n t
1*86447.............
3(3-90 per cent
The
old
elevator
at
Bridgeport being too small to handle the
1*87 -3 * ...............................................
5 7 -2 5 p e r c e n t
188'-*9........................................................................59-13 percent increased com and cotton traffic from the Tennessee River, a
1 8 8 9 -9 0 .....................................................................................................60- 7 p e r c e n t new one with a capacity of 1.500 sacks per hour has been con­
1896-91. ............... ...................................... -.............a-'-SS nor cent structed at a cost of §12,238 46.
62-09 per cent
1891-92............................
1 * 9 2 -9 3 ..............................................
6 1-17 p e r c e H t
1893 -9 4 ....................................................................................... ........ 59 09 p e r c e n t
1*94 -9 3 ........................
5 9 -1 6 p e r c e n t

The train mileage for the year was:
P a s s e n g e r ....................................................................................................... 1 ,1 3 7 ,2 2 9
F r e ig h t
....................................................................................................... 2 ,0 6 9 .7 6 6
M ix e d ........................................................................- ....................................... 394.77.-O o n e 0 ra -tW a ...................................................................... - ..........................
6 5 .4 6 4
S w itc h in g ....................... ................- ................ ............................................. 6 8 7 .3 2 5

TEN N ESSEE PH O SPH A T E.

The phosphate mining in Hickman County bids fair to be­
come a very important industry. Tuere are no w four com­
panies engaged in mining, and the output for the past year
has been 44.933 tons. The question of building branches to
these mine* has been considered and various surveys made.
R O M E R A IL R O A D .

In October last your Company purchased all the stock of
Total....... .....................................................................4.354,559 the Rome Railroad, $2 5 0 ,000 , at a cost of §186,015. It has
The earnings per train mile were:
since thoroughly rebuilt the track, taken up all the iron rail
F r e i g h t ....................................................................................................................... .?! 38 and put down 6 i miles of steel. The cost of these improve­
Passenger........................................ -...................................... 95 ments has been $18,742 09 This road extends from Rome,
Ga., a distance of IS 13 miles to Kingston, and is a valuable
EQUIPMENT.
connection of the Western & At antic Railroad.
SSOINK*.
Two locomotives leased from the State of Georgia have been
W E S T E R N & A T L A N T IC R A IL R O A D IN C O M E B O N D S.
rebuilt and one purchased with the Rome Railroad ; one W .
When your Company leased the Western & Atlantic Rail­
& A. switch engine was sold ; making the total equipment at road from the State of Georgia on the 19ih day of July, 1890,
this date 163. eighty-four of which were thoroughly over­ it was required to deposit §509,000 of the bonds of the State
hauled during the year.
of Georgia with the Treasurer of said State as security for
The engine mileage for the year was 4,351,559 miles, against the faithful pi rferroance of the Lease Act. Your Company
4,t*9l,3l3 miles for the year preceding.
has also expended in the renewal and repairs of bridges,
The cost per train mile has been:
iresiles, tracks, depots, etc., on that road. $670,774 40, for
*
Cents.
For repairs..............
8-08 which it executed its notes. It was thought preferable to
6-98 place this indebtedness in the form of an Income Bond ; and
For engineer* ami firemen...................
For water supply........ ......................... .......... ..................—
-6 at a called meeting of the Stockholders field on the I2tb day
24
For-watching and wiping...,.... ........
For stores.............
-57 of December. 1894. the following resolution* were adopted :
Formal.....................................................................
6-32 Revdre.l, By the Stockholders of the Nashville Chattanooga A St.
Louis Railway UAt the President anil Secretary of the Company arc
Total..... ................................
16-72 hereby authorised and directed to execute In its corporate name, and
to ts,«ue, a -t ries of coupon bun*!.-, e.v.-h for tin- sum of one thousand
CAM*.
dollar* ($1,0001 hearing Interest at the rate of rive per cent tier annum,
Pwme)»er eoMhea.,............................... ..................... 108
puyable —m: annual!v on the tlr#t day* of January and July to each
Baggage can............................... —
..................... 32
tear, and to he dr->mated " Western ,v Atlantic Railroad Income
P ostal n a n .......................................................................................
;• > ;>» Bonds.*'to the amount iu the aggregate of six hundred and itfty
thousand
dollar* >8650,0001; twenty-six (26) «if said bonds to he duo
Freight equipment:
and payable on the first day of January. 1896. and to like manner
Box ears.......................................... .................. ........ 2.2 6 6
twenty-six
<28j of said bond* shall fall due and be payable on the first
Stock car*............................................ ....... .................. 104
day of January In each year thereafter up to aud [Deluding the year
Coal ear#,...,........................... ....... ......................... . .1,14*
I92t>; «aid bond- and coupon* attached shall be made payable In the
P la t e a r # ...........
532
city of New York and in gold coin of the United State* not inferior to
C oke o a r * ., .. .. ..
308
the
ftlatmiarrf.
O re e a r* ........ .
Be . t fu r th e r re tu t te d . T h a t fo r th e p u rp o s e of s e c u rin g th e p a y ­
C ab-**«•*............
1 6 0 —4.1 6 6 m e n t o f *4id bun-'», th e P r e s id e n t a n d Secretary a r e a u th o riz e d a n d
d ire c te d to e x e c u te to it* c o r p o r a te n a m e a n d o n its b e h a lf, a n d u n d e r
Other car*:
it* corporate s e a l .a n d t o d e liv e r to th e C e n t r a l T r u s t C o m p a n y o f N ew
P a y e a r* . . . . . . .
W re c k in g e a rs .

P il e d r i v e r .......
C o o k o a r s ..........
T o o l e a r ------- ...

................ ...........
t.«24
Grand to ta l ....... ..............
Sixty -©m coach* *, 30 baggage car*, l pay car ami 1,471
freight car* received general repair*.
RO AD D E P A R T M E N T .

Y ork, a m o rtg a g e o r d e e d o f t r u s t , b e a r in g d a te th e fir s t d a y o f J a n u ­
a ry , A , D, 18 9 5 , c o n v e y in g by w av o f m o rtg a g e th e n e t M im in g * a n d
in c o m e * of th e W e s te rn A A tla n tic R a ilro a d . to g e th e r w ith Its e n tir e
le a s e h o ld I n te r e s t in -old ro a d , a - w ell it# th e fiv e h u n d re d th o u s a n d
d o lla r s 16600,000) of th e b o n d s o f th e S ta te o f G e o rg ia , d e p o s ite d w ith
th e T r e a s u r e r of s a id S ta te 111 p u r « n n o e e » f a n d s u b je c t to t h e te rm s
a n d c o n d itio n s o f 9. i-Uon a u d i; , - t Y ..f a n A c t o f th e tie n o r a l A»p em bty of th e S ta te o f G e o rg ia , a p p ro v e d N o v e m b e r 1 2 ,1 9 8 9 , e n title d
a n •• A c t to p ro v id e f o r to o le a s e of th e W e s te rn A- A tla n tic R a ilro a d ,
to defin e to e rig h t* , p o w e rs , lia b ility a n d d u ty o f th e le s s e e , a n d for
o t h e r p u rp o s e s th e re « l t h c o n n e c te d .'’ to g e th e r w ith all a n d singular

Th» total mileage, main and aide track, of the Company is
as f o l l o w s :
M ileage leased ........................................ ......................
T o ta l....... ............................................................................

The total mileage of steel and iron rail*
tables below:
WIlX-UiE IS trttMU

pfofcfa*

mat. mat. mat. mat.'mat.

C h»u*oen«*................* * ia i - a
sm
North W este rn .........
1ft* . . IM •->
W estern A A tla s tie ,. TVS*
. ,
-2*
t W w m i , . ......................................... a m

«4

FareU eville A Cotuin,
T ln n ls v llle A G w lw le n .

Tracy C ttr................ .
ftw jn.tebl* TaB er

.....

M

S*«0
....

....-

84’IA

■M

wio
m

...

im

W E S T E R N A A T L A N T IC R A IL R O A D .

rm
mm

■m
m tio o n o f th e a b o v e r a ilr o a d fo r th e fis c a l y e a r e n d ­
m-m i n gT hJ eu no ep e30
, 1803, w e r e :

S3

*S?*2
M
fflf*

;;; £ S
‘is rm

....

Mmte&ffllm.,,..... .....
m ® * * . .....

. . _ _ ...... .......................... .......... C om pany.O s n tta a n o x # & « t. L o u is th O lw a y ha* a e n u lre d o r w ill a c q u ir e u n d e r
a n d b y l i r t r e o f suM le a s e , w bioli w ill e x p ir e o n th e 2 7 th d a y o f
IJocT O ber. 1910.
136-82
52-63
He i l fu r th e r re to tte d . T h a t th e fo rm o f b o n d a n d m o rtg a g e n o w p r e ­
9 0 2 -2 4
19.-W7 se n te d b e a n d tin- s a m e is h e re b y a p p ro v e d , w ith »u«h u b n u g e s o r
m od lA catlo n * . if a n y , a* th e B o ard o f D ir e c to r s m a y a p p ro v e .
is shown in the
I n p u r s u a p o <>( t h
a u t h o r i t y c o n f e r r e d b y t h e f o r e g o in g :
r e s o l u t i o n * , . j d . v u 'u i o f I to- H r - B o n d s h a v e be* n p r e p a r e d a n d
»<»»-. ®a>. Total e x e c u t e d , a n d n r e n o w h e l d i n t h . T r e a s u r y . A * s o n a s
1M 15 i best* b o n d s a r e s o l d , t h e p r o c e e d s w ill t> - a p p l i e d i o w a r d a t h e
157*10 l i q u i d a t i o n o f t h e f l o a t i n g d e b t .

V a in L in e . S id e L i n t .
7 6 3 -4 2
14122

M ile ag e e w e * .!................................................. ........... .

mu

::::

s i

mm

M&Mmmfiifa.

ffirittfr:Tftti In W m T iii
C&mr&riib

MUMxm m m tn u
mm, mm. m m

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

. '///,*

mm

mm

*m

n w jK trra .
F r e ig h t....................................................................... .$ 9 7 8 ,8 0 7 49
29 0 .5 5 1 5 2
5 1 .7 5 8 8 3

tm l*u--.ig* .............................
arm. S tall

nr.

,m m 7-«s wtm wm S rS nm
HetfiM Wrn&Mfa.

SK

E x p re ss

Irw
m m . Tntm
..... n m

...
...

-m

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

O th e r S m i f t i s .. .

ra

irm

m

...
4‘3e>;
r#o
life
M0
Total.
................................... IMf » u s ia-s* nrte o-tm
ao*i>w*v.
There were 969,179 cross tle« renewed. 23,784 feet of nowside tracks constructed, and 3.115 cubic feet of ballast put in
the track, and the entire line maintained in first-class order
at a cost per mite of £495 60, or twelve cent* per train mile,
iiriw. b* Asn i n m i i .
One through plate girder, 40 feet 0 inches, has been put in
place of the beam span of Bridge No. 101 on the W, & A. Rii.
One combirifujon span 169 feet long, reconstructed from the
wm m

old Jo h n so n villa sp a n s t.ak-n o u t last y e a r, has been e re c te d in

place of an oak piled trestle over Rock House Creek, on the
Centreville Branch,
There ha* been 4,53! feet of trestle work filled in and 1,033
feet thrown out of use by cut-offs on the Centreville Branch,

1 7 .1 R » 7 0

....

.............................. M ,4 7 4 2 0 — f l , 3 35,781 5 3
o r tu A T f s o RXP»tr«KS,
M a in te n a n c e o f W ay .
............................ 8 9 3 ,9 9 1 5 0
-M atoteiwmea o f B u u ip in a n t..................
7 6 ,2 0 7 21
C o n d u c tin g T r a n s p o r t a t i o n ............................. 6 4 7 .5 9 5 7 3
G e n e r a l E x p r u s - s ........... ..........
3 1 ,1 0 4 2 9 —
8 3 8 .7 8 8 7 3
N et e a rn in g * ...................................................
R e n t a l................
$ 4 2 0 ,0 1 8 0 0
In te l* s t ......................................................................
3 6 ,0 0 0 0 0
T u x t- S ..............................
8.3-42 0 7 S u rp lu s. ...............................................

8 4 9 0 ,9 9 2 80
4 6 4 ,3 5 4 0 7
$ 3 2 ,6 3 8 7 3

STATISTICS.
T o ta l n u m b e r o f p a ss e n g e r s t a r r i e d ...........
2 6 3 ,9 6 5
A m o u n t re c e iv e d fro m r ich p a s s e n g e r ___
-8813!)
T o ta l n u m b e r o f p a ss e n g e r* c a r r ie d 1 m ile. 9 ,8 4 1 ,4 8 5
A v e ra g e re c e ip t* p e r p a s s e n g e r p e r m ile .
-02364
T o ta l to n * Of fr e ig h t c a r r i e d ...................... .
t , 0 7 6 ,5 8 6
A v e ra g e a in ’t l-e. ,-het:! o n e a c h te n c u rrie d .
-90922
T o ta l to m o f freight, c a rrie d one m i l e ___ 1 2 0 ,7 9 0 ,2 6 7
A v e ra g e re c e ip t- p e r to n p e r m ile .................
-0 0 8 J 0
T h e B o a td o f D ire c to rs ta k e p le a s u re in s ta tin g t h a t th e
d u t i e s o f i h e o f f i c e 's a n d e m p l o y e s h a v e b e e n e f f i c i e n t l y a n d
fa ith f u lly p e rfo r a te d ,I

J, W. THOMAS,

P resid en t,

THE CHRONICLE.

520
C O M M E R C I A L

fVoL. LXI.

E P I T O M E .

F riday N ight , September 20.1995.

In the jobbing departments of trade there is a steady ex­
pansion of business, and also a perceptible increase in atten­
tion bestowed upon bulk parcels of staple merchandise at
first hands. Good collections and close settlements of ac­
counts are commonly reported, and country customers are
commencing to accumulate new supplies for winter trade.
There lias been fair demand from exporters for breadstuff's,
stimulated in part by stronger conditions prevailing in for­
eign markets. Crop indications have undergone no imp irtant change during the week, a light estimate for cotton con­
tinuing popular, corn appearing to realize all previous evi­
dences of an abundant yield and an unusual liberal quantity
of corn fodder is being secured. Autumn wheaft-seeding has
commenced and present indications point to an area equal to
last year. The rice harvest, slightly delayed at outset by wet
weather, is now progressing rapidiy, and promises to realize
previous indications of abundance. Speculation in leading
staples has slightly increased.
For lard on the spot the demand has been limited, but prices
have been without changes of importance, closing steady at
6'2-oc. for prime Western, 6c. for prime City and 6 60c. for re­
fined for the Continent. There has been no speculation in the
local market for lard futures and no important changes have
been made in prices, closing slightly lower in sympathy with
a decline in corn.
DAILY CLOSING PRICKS OF LARD FUTURES.

Sat
Ootober.............................. c. 6 i 2
January .......................... e. 6-15

Mon.
6-15
6 08

Tuea.

6 17
6'12

Wed

6-20

6 ’15

I h u rs
0-27

Fn.
6-20
............

T h e Mo v e m e n t

op

C O T T O N .
F r i d a y N i o h t , September 21, 1895.
t h e C r o p , as indicated by our telegrams

from the South to-night, is given below. For the week endin g
this evening the total receipts have reached 91,080 bales,
against 47,539 bales last week and 13,093 bales the previous
week, making the total receipts since the 1st of Sept., 1895,
152,421 bales, against 275,827 bales for the same period o t
1891, showing a decrease since Sen.l, 1895, of 123,406 bales.
Receipts a t—

Sat.
2,308
......
2,278
237

Savannah.........
Brunsw’k, <fec.
Charleston.......
Pt. B oyal, &o.
W ilmington___
Wash’ton, &o.
Norfolk..............

3,540
.......
1,800
......
449
.........
171
284

Thurs.

Tues.

Wed.

5,985
349

5,013
......
2,119
640

4,630
......
3,724
375

3,074
......
1,273
231

4,^36 23,150
416
436
3,701 19,080
1,636
3,468

3,339
......
1,819

5,500
......
999

4,738

200

643

4,436
.....
1,400
......
650

......
549
48

671
29

3,806 25,415
827
827
2,300
9,371
.........
4,423
1,198
13
13
421
3.137
.........
331
142
142

Mon.

U alveston.........
Velasoo, &o___
Sew Orleans..
Mobile...............

3,989

N’port N., <fcc.

F ri.

3,253

420

891
.......
903

......

Total.

12

12
Baltim ore.........
Pblladelpli’a &o

246

285

.......
39

93

132

.........
90

132
1,113

rot-’ls th isw eek 11,319 16.453 16,015 15,740 12,505 19,043 *91,080

Pork has had a moderate call, but at lower price*, closing at
The following shows the week's total receipts, the total since
$10 00@$10 25 for mess, $11 50@$13 50 for short clear and Sept. 1,1895. and the stock to-night, compared with last vear.
$12@$12 50 for family. Cut meats have been in increased de­
Stock.
1895.
1894.
mand and firmer, closing at 6^@ 7j^c. for pickled bellies,
keceipts to
5J£c. for pickled fshoulders and 9@9}^c. for pickled hams.
This Since Sep. This Since Sep
Sept. 20
1394.
1895.
Beef has been fairly active and firm, closing at $7 59@$3 for
Week. 1, 1895.
Week. 1, 1894.
extra mess, $8 50@$9 for packet, $9@$12 for family and $16®
36,100
68,637
58,346
$16 50 for extra India mess. Beef hams have been advanced, C alveston ... 23,150 37,777 35,685
136
715
1,047
1,579
closing at $15 50. Tallow Ins been in moderate demand and
77,290
41,017
steady, closing at 4 ^ e . Oleo-stearine has been without Sew Orleans 19,060 38,093 34^977 65,909
5,311
6,712
8,325
8,747
14,189
change, closing steady at 6c. Cotton-seed oil has been in lim­ Mobile.......... 3,468
ited demand and steady, closing at 26^@27c. for prime yellow
28,429
52,256
and 26@26i£c. fcr off grade yellow. ButW has been in light Savannah... 25,415 41,630 35,882 68,375
Br’wiok.&c
970
827
2,295
554
1,639
3,251
supply for choice and firmer, closing at 13@21J^c. for cream­
11,960 15,459
36,203
25,983
29,183
ery. Cheese has been in [fair demand and firm for fancy, Charleston.. 9,371
66
2 903
closing at 5}£@8}i£e. for State factory, full cream. Fresh eggs
13,523
5,157
9,113
4,831
have sold slowly an i the close was eaty at 16@164£c. for Wilmington.. 4,423
12,579
choice Western.
Wasn’n, &c
13
28
15
42
3,761
6,541
Coffee has shown an unsettled tone, but with general in SorfolK........ 3,137
3,373
4,246
5 ,6 1 )
West Poini
411
361
clination in buyers’ favor under influence of ample supplie
1,420
703
1,557
in sight and some pressure to sell from primal markets. Ri
N’p’t N., &c
142
333
145
240
quoted ^at 15%c. for No 7, good Cucuta 19c. and standari New Y ork ..
162.070
87,861
Java 27@27j^c. Contracts for future delivery develope' Boston .........
12
401
2,700
3,200
quite an irregular tone, but holders have shown some disposi Baltim ore...
132
218
4,927
8,061
198
523
t.on to sell out. At the close covering on near months give Philadel.,<Stc 1,113
4,214
3,092
2,557
1,347
711
a little more tone. The following were the final asking prices
o ? ? 1 ................... } 5 'i3 c-1 P eo......................14-70o. j March........... ..14 2h<
N ov.................... 14-850. I F eb ......................14-350. I

Raw sugars have been sought after, the offerings were quit
moderate and holders in some cases asking prices in excess o
I erae
obtainable. Centrifugal quoted at 3 5-16a fo
96-deg. test and muscovado at 3 l-16c. for 89-deg. test. R*
nned sugars more active and market higher, with produc in
largely sold ahead ; granulated quoted at 4J,|c. Teas steadier
do j DtUo y ,*? 'acco lias sold slowly, hut prices have heli
steady, heed leaf tobacco has been in fairly good demand a
steady prices The sales fo>- the week were 3,15o cases a
follows: 900 cases 1394 crop, New England Havana. 15@23^o.
400 cases 1894 crop, New England seed leaf, 18@22c.; 12,
cases 1893 crop, New England Havana seed, 8@l2i • 15
«f8eS , on. croP>
England Havana seed, 3 i@42JTc : 41'
“ f®!
dimmers, U@'2c.; 100 cases 1893 crop, Zi n
175 cases 1891 crop. Wiscnnsia Havana, p. t.
, i , cases
crop. Wisconsin Havana, 9§14c.; 100 case
F la t irnS,'iQWl8f?n8in n "-yana’ 7@9c - 175 cases 1894 crop
12ffllV.°?9n3'’,; 159 c ^c s 1894 crop, Pennsylvania seed leaf
" j S 1 cases 1892 crop. Pennsylvania seed leaf, 9J< ailc
1 d ^ 0a';ase3 1892-93 crops Pennsyl vania Havana,10i^@2L2J^c
65c @$2 85 in bo?daVal>a’ 68°’@S1 10 and 800 bales Sumatra
The speculative dealings in the market for Straits tin liavi
oeen quiet and prices have declined in response to weabe
advices, closing steady at 14 30@14 35c. Ingot cop pe
1?laioons qU,let? '"i prices have weakened slightly, closing a
HnVIh i for L'lke- L°ad bar made a slight further declin.
..p,-,, 6 a 0se W8S steady at 3 35c. for domestic. Spelter ha
advanced and the close was firm at 4 25@4 30c. for domestic
$ iTfor dome ^ 6n fallly aCUVe 3U1 ®rm ’ closing at $11 50(c
Refined petroleum has been in fair demand and firm, clos
‘ l°c- in bbls., 4 '61c. in bulk and 7 50c. in cases; crud
m Dbls. has been nominal; naphtha, 9 25c. Crule certificate
nave declined, closing at 1 - 2 3 bid. Spirits turpentine ba
advanced, closing firm at 28 i»28^c. Rogini b a v e weakens:
slightly, closing steady at Si 45@$l 50 for common to goo:
strained. Wool has been in fair demand for foreign for re
shipment at full prices; domestic firm but quiet. Hops I
been dull and easy.
IT
~ ^ tasr

T o ta ls___

91,080

152,421 148,547

275,827

362.336

316,88 9

In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
Seceipts a t—

1895.

1894.

1893.

1892.

Gfalves’n.&o.
New Orleans
M obile.........
Savannah...
Char'ton,&c.
vVilm’ton,<feo
S orfolk .......
W. Point,&o.
il l others ..

21,586
19,080
3,468
25,415
9,371
4,435
3,137
593
2,034

36,732
34,977
8,3 !5
35,882
15,459
9,123
3,273
1,566
3,205

26,502
16,756
7,177
23,723
6,182
4,04L
4,040
516
1,912

45,359
10,934
5,438
32,307
9,757
4,939
4,913
3,319
3,302

Tot. this wk.

91,030

143,547

95,819

120,323

216,316

211,522

Since Sept. 1 152,421

275,827

18 9,720

264,362

506.622

5*6,453

| 1890.

1891.

51,9 31*
59,454
11,692
50,530
19,591
6,262
8,166
4,558
4,152

45,569
40,941
9,161
42,885
29,064
13,435
18,756
8,746
2,965

The exports for the ween ending this evening reach a total
of 21,333 bales, of which 12,574 were to Great Britain, 291
to France and 8,561 to the rest of the Continent. Below are
the exports for the week and since September 1, 1895.
Bxport$
from —

la l v e s t o n .......
Velasco, <fcc...
New O r lea n s..
Mobile & P en.
S a v a n n a h .......
Brunswick.. .
Charleston . .
W ilm ington.
N orfolk ............

^ew York.

Week E n d in g Sept. 20.
From Sep t. 1,1895 to Sept. 20 1895
E x p o rted to—
E x p o rte > to —
G reat
C o n ti­ T o ta l
Great
C onti­
lotai.
B r it’n. France n e n t. W eek. B r ita in France n e n t.

7,132

5,359
8i

2)1

{32
85

533
7,217

0,550

607
85

607
24,038

6,550

6,550

6,550

45S

458

158

158

936

0,493
83

1,838

9,783

......

Baltimore........
Phllhdelp’p,&e
T ota'.............

J2.574

Total, 1894 .. .

24 123

201

33,953

7.318
194
1

577

1

8,561 21 330

31,466

577

9,583

41,631

6,390 12,090 43,211

5 4 /1 4

6,440

20,412

81,466

THE CHRONICLE.

September SI, 1895.]

la addition to above exports, oar telegrams to-night alec
give as the following amounts of cotton on shipboard, not
chared, at the ports named. We add similar figures fot
New York, which are prepare l for our special U3e by Messrs,
Lambert & Barrows. Produce Exchange Building.

Th e

S ales

and

521
B r ic e s o f

F utures a re

show n

by

th e

c o m p r e h e n s i v e ta b l e .

OH S H tP B O iB D , SOT OUEABKD—FOR

Sept. 2 0 a t—

G reat
B r ita in . F rance

N ew O r le a n s ..
G a lv e s to n ........
S a v a n n a h ........
C h a r le s to n ___
M o b ile ..............
N o rfo lk ............
N ew Y o rk ..........
O th e r p o r t s . . . .

3,3 9 *
6 ,* 4 2
N o n e,
N o p e.
1 .1 0 0
N one.
2,«C0
1 ,2 0 0

884
1.351
N one.
N one.
N o n e.
N one.
N one.
N one.

L e a v in g
S tock

O ther
Foreign

Coastw ise.

Itofai.

260
N one.
3.* 00
N one.
N one.
100
3 ,7 5 0
300

191
8,241
N o se .
750
N one.
1,100
N one.
N o n e.

* ,9 3 2
14,0 3 4
? ,“ CK!
7 (0
3 ,0* 0
1 .2 0 J
6 ,3 5 0
1 ,5 0 0

72.3 5 8
2 2 ,0 0 6
2 5 ,4 2 9
2 5 233
7,747
5,341
155,720
1 5 ,7 2 6

T o ta l 1 8 9 6 ...

11,830

2 ,3 3 5

7 ,4 1 0

8,285

3*2,766

3 1 9 .6 2 0

T o ta l 1 3 9 4 ...
T o ta l 1 8 9 3 ...

2 6 .3 2 2
33,0 * 8

18,774
10,563

4 8 ,4 0 6
22,31*

8,6 3 5
7 ,0 5 8

1 8 ,1 3 7
7 3 ,0 2 3

2 1 8 .7 5 2
258,24 7

Speculation in coiton for future delivery at this market has
teen in lessened volume. The tone was feverish, but general
evidences appear to indicate (hat c u rato rs con.-idtr ruling
prices a fair offset to estimated crop reduction and are becom­
ing anxious in regard to probable attitude i f consumers at
home a rd abroad. During Saturday there were few buying
orders and some pressure to sell from the South, creat­
ing a weak tone and a decline of 8 points ner. On Monday
the r ffering again came with some freedom and a great many
engagements were sold out on stop-order limits, under which
prices broke 14 points; but before the close somenew investment
demand developed and reduced the decline to 7 points net. Dur­
ing Tuesday there was irregularity, but final result was at a gain
of 11®!2 points, the advance stimulated in part by unfavor­
able crop accounts, and to some extent by reports of more
inten si shown by exports ra and spinners. Wednesday, how­
ever, brought very few buying orders, and after a limited
number of short « onsets were covered prices cloeed 5 points
net loss. Yesterday turners of a fort t o mi eg short crop es­
timate bv prominent operators and reports of increased de­
mand from exporters stimulated fresh demur d and advanced
prices J5<gSG points ret. Tc-day the turn is easier, with a
few points lest under liquidation of long engagements, tkitU b on the rpet dull at8J%c. for middling uplands.
The total sales for forward delivery for the week are 1,109 6 0
bales. For immediate delivery the total sales foot up this week
4,081 bales, including 2,StiO for export, 1,981 for consumption
— for speculation and 200 on contract. The following at
the official quotations for each day of the past w> ek~
Septemter 14 to Sept* sober SO.
Kates on and ot! middling, as established Nov. 32. 189;*..
by the Revision Committee, at which grade# other than
middiir g may be delivered on contract:
F a ir

.......... - ........... . . . . e . i q

ob.

G ood O r d i n a r y . . . . .............o. m

off*

Middling Fair........ .— % oa> flood Ml-iililr,* Tinvt-t .
i.\ .*!,•
Strict Good Middling..... t» on. Strict Middling StalQ)-!!.. t,. oft>
Good Middling.............. *i* oa. 'Middling staitimt.......... 1,1 oil*
strict hear Middling....... *•# od. ; Strict Low MW, Btatned..
©aLow Middling ................ V off. :•tow Middling Stained. .. lV offStrlM Good uraiaary..... i*,* off, 1
On this basis the prices for a few of the grades would b s
follows:
U PLAN D S

’ mmu

71 0 n T o p .

W ed

!
7
7ll»w! 7 U ,S
B h ‘i S'*
*>®ls :
r* *
«>*

7 l tg :! 7 % i 7%
: 71**#
7%
g % ■ i n 1*- 8*4 '
j
S :%
m i« :
F « *M

’to n T n «

W ed

tiocwl O rdinal ry . . . . . . . . . . . . . . . ! 7% '
7 l» jgii
Low M id d lin g ................................
M ta a iM r......................................... 1 BH :1
G ood Mid tlio s r........... .................
M id d lin g F a i r ............. ............ .; : 9 tl* !
GULF

U m t.

0 w ! Q td im r f.
.
■
, 7 At
7% !
Low M M U ltaf
.......
1$
SB. ! I X .;
SB * ■ § L .4
M M dting .. : . ...............................
S**
.* 1
1 1 1 ;,1
O ood
*»«..*,**•*»♦• • 812,
[ 8%
MMbhUa* F a ir" ........ . . . . . .
BQ ! U r \ i
9V
S T A IN E D .

S a fe

Fi i

Th,

Hr

Th.
11 ? % :
I, i t * * 1
|■ b h
;i £ i4 i«i:
!
‘

SB,
SB
•''i'l*
c%

Mom T i i e # w # d T ! * J F t l .

L m r m & m m M * * * * * ^ .. . . . . . . . . . fit, i 0% :
m m lin tf ... . . . . . . . . . . . . . . . . . . . ■ 7 ‘ »1. Z<B a
S tr ic t M tfrtJiB*
...
t .
< 3 M bid! i rs« TIn*t*fl. . . . . . . i SB
W 1

6% j

6B

CB

f S " j ~":>
»s a t V #
« ” : E r l ■ 8Q 1

MARKET a s m SALES,

Tb-* total sales of cotton on the s p o t and for f u t u r e d e l i v e r y
each d a y during the week are indicated in t h e f o l l o w i n g
statement. For the convenience of the reader we a l s o add
a c o l u m n which shows at a glance how the market c l o s e d ot
same d a y s .
•POT MASS XT
OtO SBh.

M M m O r «POT A3tt> CONTRACT.

---- -----

#jPj P ^ru

S a l 'd a y . Q o tet ..................

Monday XfM etnt *g * h>.
a t % ad,

Wed'dav Quiet at I,, dec.
Thor'd'y: Firm »*i ,,*, 1 t.

FT1d*y - Q u i e t ..................... (

T o ta l.' ....................

1.8*9
951

----

C on-

Sump.
310
152
131
m i

30 4
f
} 2 ,8 0 0 ' 1.081

...

,

Spec-: C on - !
u r V n tract. | Total.

....

346
252
7 .0 * .
1 ,0 '5 ;
...
408 j
i 6oj

..J

200

. .. .
...
...

100

The following exchanges have
•31 pH. to e x o h .
•> O D<1. to e t c h .
■21 pii. to e x e ii.
2 0 pd. to e x c h .
•HI p a . to e x eh.

100 O ct. fo r J a u .
8 00 O ct. fo r J i n .
3 0 0 S e p t, f o r O ct.

•24
•03
•15
*22

Haiti or

Even 7ou Sept, for Oct

•33 pd. to exeh, 3,700 Ocf. for Mch.

*.O 0 l!l.2 0 9 ,6 0 O

made luring the week :

•33 pd. to e t c h . 1 ,4 0 0 O ct. for Moil.
•I I pd. to exeh. 600 J o u . for M ch.

F u tu r it.
# 8 ,7 0 0
2 0 4 ,2 0 0
2 1 1 .7 0 0
1 -9 .6 0 0
2 4 7 ,6 0 0
2 3 9 ,8 0 0

been

1 0 0 O o t fo r Moll

400 n o t. for Web.

10 pil. t o e n a . 3 ,1 0 0 I a n fo r Moh.

pd.
pd.
pd.
pd .

to e x e h . l«>0 O et. fo r J a ti
to e x e h . 2 ,2 0 0 <)ei. fo r Nov.
to e x e h . l o o Oi t, fo r D ec.
to exeb . 5 0 0 O et, fo r J a n ,
07 p<L to ex ch . 1,000 D ee. for J a n

T h e Vi s i b l e S o p p l y o f C o t t o n to-night, as made up by cable
aud telegraph la as follows. The Continental stocks, aa well s s
those for Great Britain and the afloat are this week’s returt s
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (S-pt. 30), we add the item of exports from
the United States, including in it the exports of Friday only.

r

TH E

522

LVol. LX1,

C H R O N IC L E .

1804
e«3.
1892
Q u o t a t io n s f o r Mid d l in g U o t t o n a t O t h e r M a r k e t s .—
1895
BtocK at Liverpool.........b ales. 1,0 *4,000 856,000 1,031,000 1,175,000 Below we give closing quotations of middling cotton at South­
10,000 ___ 9,000 ___ 8,000
Btook at London........................
6,000
ern and other principal cotton markets for each day of the week.
Total Great Britain stock. 1,100,000 86 ,000 1,043.000 1,183,000
5,500
8,000
29.000
31,000
Btook a t H a m b u rg ................
CLOSING QUOTATIONS FOR MIDDLING COTTON ON67.000 Week ending
77.000
81.000
Stock at Brem en........................ 160,000
20.000
14.000
9.000
Sept. 2 0
Stock at A m sterdam ................
13,000
Frx
Wednes. T hurs.
S
atu
r.
Tues.
Mon.
200
200
100
Stock at Rotterdam ...................
200
8,000 G alveston ...
9.000
10,000
Stock a t A ntw erp......................
13,0ou
715,6
8
715|«
715,«
7
7e
8
Stock a t H avre........................... 316,000 299,000 322,000 347,000 New Orleans
7k
7>S10
7l3le
7k
718,6
711,6
9,000 Mobile..
6.000
5.000
4,000
7U ]6
Stock at M arseilles.
7=9
711
,0
711)6
7k
62,000 Savannah
86.000
52.000
56.000
Stock at Barcelona.
7k
73g
77,6
7%
75 m
Whs
14.000 Charleston.
16,000
8.000
27.000
Stock at Genoa.........
738
7k
7%
7
k
7
k
T-'e
36.000 Wilmington
26,000
33.000
30.000
Stock at Trieste . . . .
7=8
7k
7k
7H
7«8
7=8
718,6
7%
7k
7k
7 7s
650,200 526,100 561,200 568,700 Norfolk.
7k
Total Continental stooks.
8%
8k
8k
8k
8k
8k
Total European sto o k s__ 1,750,200 1,39 2,100 1,607,200 1,751,700 Boston
Baltimore.
8
%
8k
8
k
8
k
8
k
8
k
36.000
28,000
35,000 36,000
Indiaootton atloat for Europe.
87,B
8k
830
8k
8k
8hn
44.000
70,000
60,000 80,000 Philadelphia
A m er.oott’n afloat for Europe.
Augusta
7=s
7k
7=8
7
‘k
s
7i
2
»9
19
7'2
Egypt,Biazil,&
o.,atitforE,r’pe
15,000
17,000
16,000 13,000
Egypt, Brazil, Ac.,
atitforE ’rp e
7%
7k
7k
7k
7k
7k
S tocs in United States p orts..
o rts.. 362,396 316,889 331,230 544,802 Memphis
7 7s
7 78
7 78
7 7s
7 78
7%
66,739
84,519
96,756 142,500 8t. Louis
Stock in U. 8. interior to w n s..
715.„
715,6
8
8
71=16
715J0
2,570
2,873
5,923
10,232 Houston
United States exports to-day.
8
8
8
Cincinnati
8
8
8
Total visible 'supply.......... 2^ 76,895 1,911,381 2,152,109 2,578,234
770
Louisville.
7 78
7 78
7 7s
7 7s
7
7a
Ol the above, totals of American and other descriptions area s follows:
A Vlft'lCO, II—
The c lo s in g q u o ta tio n s to-da.v (F rid a y ) a t o th e r imp< r u n t
Liverpool 8 t o o k .........b a ie s . 976,000 710,000 784,000 979,000 Southern markets were a s fo llo w s .
Continental sto c k s................... 562,000 364,000 445,000 393,000
N ew berry.......
6^ L ittle Rook__ 73s
7=8
American afloat for E u ro p e...
44,000
70,000
60,000 80,000 A tla n ta............
7"8 M ontgomery... 7 ii,. R a leig h ........... .
7k
United States stock................... 362,386 316,8*9 331,230 544,802 Columbus, Ga.
Selm a............. .
7k
United StaiesinteriorstocK S..
66,739
84,519
96,756 142,500 Columbus, Miss
7 k N a sh v ille......... 7=8
N a tch ez............ 711,6 Shreveport___
7k
United S tates exports to-day.
2,570
2,873
5,923
10,232 E u fa u la .........
Total American................... 2,013,695 1,548,281 1,722,909 2,149,534
R e c e ip t s f r o m t h e P l a n t a t io n s .— The following table
Hast In d ia n , B r a s il, <£c. Liverpool stock .......................... 118,000 146,000 250,000 196,000 indicates the actual movement each week from the plantations,
6,000
10,000
9,000
8,000 Fhe figures do not include overland receipts nor Southern
London sto o k _________. . . . . . .
Continental stocks__________
88,200 162,100 119,200 175,700 consumption; they are simply a statement of the weekly
India afloat lor Europe______
36,000
28,000
35,000
36,000
Egypt, Brazil, &o., afloat.........
15,000
17,000
16,000
13,000 movement from the plantations of that part of the crop which
Total E ast India, <teo........... 263,200 363,100 429,200 428,700 finally reaches the market through the outports.
Total American................... 2,013,695 1,548,281 1,722,909 2,149,534
uPes*
Receipts a t tne Ports. Sfc’fc a t Interior Towns. Rec’ptsjrom PlanVru
Total visib le supply........... 2,276,895 1,911,381 2,152,109 2,578,234
ikd.
32)s,d. 4H,(d. 43, d. 9ndino— 1893.‘ 4894. | 1895. 1893. 1894. 1895. 1893. 1894. | 1895.
Middling Upland, Liverpool..
8 ko.
6 'k-.0.
8%c.
7ko.
Middling Upland, New York..
6 kd.
415,. d.
539,1 ,
413,.d. Aug. 16
Egypt Good Brown. Liverpool
12,248 7,213 1,749 79,179 50,939 41,714 6,760 4,217|
Peruv. Rough Good. Liverpool
513i6d. 5H16d.
6d,
5M. “ 23
12.434 14,122 2,715 70,824 55,819 35,157 10,079 13,002
43i6d. 313, «d.
4=sd.
4d.
Broacb Fine, L iverpool...........
** 30
17,034 25. L?3 0,803 74,501 50.306 34,782 15.311 25,720 6.428
Tinnevelly Good, Liverpool...
4*ed.
37, ad.
413d.
37sd
0.
28,117 33,896 15,093 79,928 55.913 35,892 33,544 36,974 10,203
__ The imports into Continental ports the past week have Sept.
“ 13
53,703 85.834 47,533 84.871 60,830 43,275 58,640 90,801 54,922
been 9,000 bales.
“ 20.
95,849 148,5471 91,080 90,756 84,519 60,739 107.731 100,236 114,544

The above figures indicate an in crea se in the cotton in sigi t
to-night of 365,514 bales as compared with the same date
of 1894, an in crease of 124,736 bales over the corresponding
date of 1893 and a decrease of 301,339 bales from 1892
AT t h e I n t e r io r T o w n s the movement—that is the receipts
tor the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1894—is set out in detail below.
9 n

8

sO O %

f*

ri i-3 ® O 252
B
W O
- Sm Q ae
hj Z
5 :Z :> O • ►® : . - O
b »:
D O,
® f
3: g : : g : : : : ; ;

O v e r l a n d Mo v e m e n t

P

C
»
O
: Z
2

£oE
.
S ►o
* XB
^ ^!

The above statement shows: 1.—That the total receipts from
the plantations since Sept. 1, 1895, are 186,469 bales; in
1894 were 303,011 bales; in 1893 were 201,310 bales.
2.—-That although the receipts at the outports the past wees
were 91,080 bales, the actual movement from plantation.- was
only 114,544 bales, the balance g o iD g to increase tbe stocks at
Che interior towns, bast year the receipts from th- plantations
for the week were 166,236 bales an-' fo* '993 thev were
107,734 bales.
fo r th e

p,
B
R
*

•
O ** *■»
CO
to K'C7; to
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Via H annibal................................

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to to CO;

9a

srs

Co
<)
to
to00 M »CC0 M
CCO'OICCCO >UtO O'COMiftr-V]COto'o'O'*— t l
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—
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'£CC
OC
O

Via other routes, &o....................
Total gross overland .. .
Deduct shipm ents—
Overland to N. Y., Boston, &c
Tnland, &c., from South. ...
Total to be deducted

I O'

Since
Sept. 1

St
to to K0
—
-do if* 05
<iV.cc *-'Vi co^tc'-ooV - to if*CDCO CCOtOWOtOffiCCOOlH 1- 1-W |_l V
C" 1 O
*>XCOO'C0; CW03rv ■ 'O -a 'j’U r o*to cc cc o O' <j oi>O' to o' o to

m

O 1 MOHOiCCnMOaCS ■»OCCXOOOCCH**s)COifi*tOr-CC'CO'J01'1Wif* If*
%
07

I CMO!
to
; W
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i
if^K-O •tjx© HOI ; H-'tOP-1r-O'Oi <J to7c* ' Tt-OOX
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?rS S
| 1-if-CD tOOiOOCDCOiOSMtoCDO' O1'.)X'WCCC0*JX<l©ci- CClf^O1

sr

! •e

The above totals show that the interior stocks have increase
during the week 23,461 bales and are now 17,780 bales le
than at same period last year. The receipts at all the towi
have been 27.775 bales less than -aine week last year and sin,
3ept, 1 are 73,793 bales less -nan for same time in If 94

Wee*.

{fM.
eez*

2,975
39

4,948
288

2,090
1,273

147
70
507

1 / 61
439
1,603

449
814
403

11,437
2,181
.........
1,060
1,589
1,017

3,738

8,339

5,0 29

17.284

1,257

3,176

493

1,734

1,750

4,910

1,719

3,901

3,429

3,310

13,333

Leaving total net overland
1,988
* Including m ovem ent by rail to Canada.

^
COCOGD
lv
w^»—
CO<3- —r
£ MC #J?C O' p- COCDO COO Mto <| o COO' -l-*- M CCCDO I » ^
CC'-ltCOOO'vLCC' 0')»-*ifi<Dj.CD'0<)'—f-'ClOCCOCCOCDGOtOCDHO

I to —X Kf*
aoj-'p-M
to _«-■too: h* com*
| co o'To if*"cj7
tvH-COC5CC•*) **d C5toif*MVl CCCC©To1-HCfX
CJJ(-107 —•- 7
QCCD©W*-0-Xf*Xi-C'-'-CO'*-4tO**cO©')it*XO'**
O’ if*©
_C tvO*)XCJOCCO’ri-JO'MCOOCOOOg-JOiCl'ifsjsLouisville figures “ n et” in both years.
* This year’s figures estim ated.
: Last year’s figures are for Columbia, S. C.

1 .—

1894

1895.

WeeK.
shipped—

to

e e k a n d sin c e s e p t .

September 20.

J©XCfltoCO©CD>©»- <»i—oowacno«cop-0'»-'Cxc^tooooco^co»-OH-cc.
c*cc©to©wo I *

cor O m
Ci O
O’*<1O
a
;C
O. SC
P**' qp_
_
V’l *
**
WCC
wJ»05 'J*wAD
. iIt—

W

We give below a statement showing the overland movement
for the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Sept, 20
ind since Sept. 1 in the last two years are as follows:

9 0 r>
59
751

1,870
61
1,967

I’he foregoing shows r.nat the week’s net overlano movement
tnis year has been 1,988 bales, against 3,310 bales for the
v«ek in 1894. and that for rhe season to date the aggregate net
overland exhibits a decreise from a vear ago of 9,954 bales.
In Sight a n d Spinners*
Takings.

1895
Weett.

S in ct
Sept. 1.

Weeh.

d»> et
Sew \ .

Receipts at ports Co Sept. 20____ 91,0?0
1,9*8
Net overland to Sept. 2 0 ...............
O
Southern consumption to Sept. 20 19,CO
19,C00

152,421 14«,547
3,421
3.310
55,000 17,000

275,827
13.383
4 9 ,0t 0

1 12,068

210,850 168,857
34,039 17,689

338.210
27,184

186,546
.........
33,819 28,446

365,394

Total m arketed
Interior stocks in. excess

.-

23,464

135,532
.........
North’n spinnerstak’g sto Sept.20 17,010
Total in signc Sept. 2 0 ....... ..

214,889

72,093

It will be seen by the above that there has . me mu, sight
during the week 135,532 bales, against 186,546 bales foi the
same week of 1894, and that the decrease in ...mount in sight
to-night as compared with last year is 120,505 bales.

September 21, 1S95.J

THE CHE ONI OLE.

523

W e a t h e r R e p a r t s b v T e l e g r a p h . — Our telegraphic r e ­ week, to the extent of seventeen hundredths of an inch. The
ports from the South this evening denote that cotton is open­ thermometer has averaged 78, ranging from 66 to 93.
A u g u sta , G eorgia .—We have had no rain during the week.
ing rapidly as a result of the high temperature and dry
The thermometer has ranged from 66 to 92, averaging 79.
weather which has been quite general at the South during
A lbany. G eorgia .—There has been rain the past week to the
the week. Picking is consequently making rapid progress, and extent of forty-seven hundredths of an inch. Average ther­
the movement of cotton to market is quite free. Further de­ mometer 78'S, highest 89 and lowest 68.
C harleston, South C a ro lin a .—Dry weather has prevailed all
terioration of the crop is claimed to have occurred in Texas,
the week. The thermometer has averaged 79, the highest being
and damage ia reported to have resulted from various causes 90 and the lowest 69.
in tim e districts of other States.
S tateburg, South C a ro lin a .—It has rained on one day of the
G alveston, T exas.—Further deterioration in the condition week, the precipitation reaching seventy-three hundredths of
an inch. The thermometer has ranged from 63 to 91, averag­
of cotton ia Texas is claimed to have occurred the past week. ing
75'6.
We have had rain on five days of the week, the precipitation
Greenwood, S o u th C a ro lin a .— Hot, dry weather has greatlyreaching thirty-five hundredths of an inch. Average ther­ damaged late cotton, and it is now claimed that the crop in
this section will be fully one-third less than last year. Cotton
mometer 88, highest ST and lowest 76.
Palestine, Texas .—It has been dry all the week. The ther­ is ail open in some districts. Average thermometer 75, high­
mometer has averaged S3, the highest being 93 and the low­ est 86 and lowest 65,
W ilson, N o rth C a ro lin a ,—Telegram not received.
est 68.
The following statement we have also received by telegraph,,
H untsville, Texas .—Dry weather has prevailed all the week.
showing the height of the rivers at the points named at
The thermometer has averaged 81, ranging from 68 to 94.
D allas, Texas .—There has been no rain the past week. 3 o’clock September 19, 1895, and September 20, 1894.
The thermometer has ranged from 66 to 98, averaging 82.
Sept. 19. >95. Sept. 30, *94,
S an A ntonio , Texas.—W e have had rain on two days of
Fe et.
Feet.
the week, the precipitation being eleven hundredths of an Sew O r ie sn t ...... .............s h o r e zero o f g a u g e .
37
4-2
inch. Average thermometer 83, highest 96, lowest 68.
M e m p h is _____ ________ A bove zero o f g a n g e .
2-9
11
28
L u lin g , Texas .—There has been rain on two davs during N ashviU e.................. . .. . . A b o v e zero o f g a u g e
1-7
o
v
Shreveport
................—
A
b
o
v
e
r
e
r
o
of
g
a
u
g
e
-3 0
the week, the rainfall being twenty-eight hundredths of an Vicksburg...........
Above zero of gauge.
a
-9
1-5
inch. The thermometer has averaged 83, the highest being
* B e lo w 'ie ro o f g a u g e .
96 and the lowest 70,
Ln-dia Cotton Move hast F rom all P orts.—The recesptaC olum bia. Texas .—Ram has fallen on one day of the week
to the extent of twenty-eight hundredths of an inch. The «nd shipments of cotton at Bombay have been as follows f. r
the week and year, bringing the figures down to Sept. 20.
thermometer has averaged 82, ranging from 68 to 96.
Bowoar REosirt-. <m>sbifmkxts roB rocs muts.
C'uero. Texas .—There has been ram on two davs during the
week, the rainfall reaching eighty-five hundredths of an inch.
| S h ip m e n ts t hi* w eek.
S h ip m e n ts e in e e S ept, 1. j
R e c e ip ts.
The thermometer has ranged fiom 62 to W. averaging 78.
f _ , , : G r e a t I C o n t i ■;
T h is l 8 % nu
B renham , Texas .—We have had rain on one day daring the
r a t a l. B r i t a in
n e n t.
n e n t. I T o t a l .
W eek. Sept. 1.
week, the rainfall reaching fix hundredths of an loch. Aver­
age thermometer S3, highest 96 and and lowest 70.
5,0 00 5 .0 0 0
9 ,0 0 0 7 .0 00
.........
9 .0 0 0
2 2 .0 0 0
...... 5 ,0 0 0 5 ,0 0 0 5.0 00
10,000 4 000
11.000
Belton, Texas .—There has been but a trace of rain the past
4,0 00 4.000
i.o o o
10,009 5 ,0 00
15,000
14.000
week. The thermometer has averaged 84, the highest being
2 000 : 2 .0 0 0
.........
5 ,0 00
5 .0 0 0 2.0001
0 (1 0 0
98 and the lowest 65.
t’irrt W orth, Texas —There ha* been no rain daring the i According to the foregoing Bombay appears to show
week. The thermometer has averaged 83, ranging from 66 j an increase compared with last year in the week’s receipts of
3,006 bales and no difference in shipments, and the
to 97.
W eatherford, Texas —The weather has been dry all the I shipment* since Sept. 1 show a decrease of 1,000 bales.
week. The thermometer has ranged from 86 to "96, aver- ‘ The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for two
aging 81.
___ _________
____ ____________„_____
rm ia , has been as follows, “ Other ports" cover Ceylon,
Nyw O rleans,
L ouisiana ,—There
haa been rain on two__
days
tl
V
t
ir.
it
k
I
r
s
.
a
w
a
-w
w
*
tx
>
»
.1
v
I
k
.,
t
1
1
*
-.
*
I,
.-.A
.
...
i
....
..
1
,.
...
...
.3
,1
dating the week, and tb* rainfall reached not inch and thir- Tuticorin, Kurraehee and Coconada.
seen hundredths. The thermometer has averaged St.
S hipm ent! fo r the w eek.
Shipm ent* tin e* Sept, 1
Shreveport. L o u isian a .—We have hid no rain during the
Great
Conti­
Great
week. The thermometer has averaged 83, the highest being
Total.
Total.
B ritain , nent,
B ritain , Continent,
98 and the lowest 70.
Colum bus, M ississippi .—Cotton ia opening rapidly. It haa Oak-uUA—
rained on one day of the week, the precipitation being thirty
1 3 0 5 .........
l.COO
1.000
1,000
1,0 0 0
2 ,0 0 0
1,000
1894
. ,
******
1,000
1,000
hundredths of an inch, Cotton Is being rushed to market as
1,000
** result of the urgent need for money. The thermometer haa K a1 n8 tra
1.000
9 5 ____
1,000
2 ,0 0 0
1,000
3 ,0 0 0
averaged *4, ranging from 66 to lOt,
% G ao
1894
2 ,0 0 0
4 ,0 0 0
2 ,0 0 0
6 ,0 0 0
l x lam l . M ississippi .—Telegram not received.
All o th e r* —
1 8 9 5 .........
3,000
2 .0 0 0
3.000
•*%»*
3 ,0 0 0
0,0 0 0
VickMuirg, M ississippi .—We have bud only a trace of rain
1 8 9 4 . .. .. .
1,000
2 ,0 0 0
3,0 0 0
1,000
4 ,0 0 0
7 ,0 0 0
during the week. Average thermometer 8$, highest 95 and
lowest 8i.
T o ta l a l l 1 3 9 5 ..........
3 ,0 0 0
1.000
4.0 0 0
5,0 0 0
0 .0 0 0
1 1 ,0 0 0
L ittle Rock, A rk an sas .—It is claimed that crops have been
1894
...
4,000
1,000
5 .0 0 0
8,0 0 0
0 ,0 0 0
1 4 ,0 0 0
badly damaged. Dry weather has prevailed all the week.
The thermometer has averaged 84, the highest being 96 and
The above totals for the week show th at the movement from
the lowest 72.
the ports other than Bombay is 1,000 bales less than the same
f M m a , A rkansas . —The re haa been no rain since the -ch. week last year. For the whole of India, therefore, the total
We lave h»d an extraordinary spell of weather the past eleven shipments since September l, 1895, and for the corresponding
days. The maximum temperature has been above 92 and the periods of the two previous years, are as follows:
lowest 70. This haa caused cotton to open rapidly. Farmers
•xrorr* to aoaora vbom all isdia.
*ay most of the cotton is now open. During the week the
1895.
1894.
1893.
thermometer Has averaged 8?. There are no indications at
I
Shipm ents
present of co ier weather.
all Europe
r*«»
Since
Since
T his
TA<«
S in e s
fro
m
—
Mobile, A labam a .—Crop reports are quite poor. We have
vrtek.
Sept. 1.
Sept. 1.
teesk.
S ep t. 1.
had rain on one day of the week, the rainfall reaching thirtyBombay. .......
5.000:
9 ,0 0 0
5 .0 0 0
10,000: 4 ,0 0 0
10,000
nine hundredths of an inch. The thermometer has averaged All
o Q ta n p a r ta
4,000,
n .o o o
5 .0 0 0
1 4 ,000
0,000
11,000
83. the highest being 92 and the b-west 70.
Total........ 9 .0 0 0 2 0 .0 0 0 ' 1 0 ,0 0 0
Montgomery, A lab am a, —Th** weather ha* been dry and hot
2 4 ,0 0 0 10,000i
all the week and picking continues uninterrupted. Croo re­
ALEXANDRIA R E C E IPT S a n d S h i p m e n t b .— Through arrange
ports -how some improvement. The thermometer has aver­ ments we have made with Messrs, Davies, Benachi Sc Co,, of
aged 83, ranging from 71 to 93.
Liverpool and Alexandria, we now receive a weekly cable of
Selm a, A labam a, —Tvl**graro not recived.
the movements of cotton at Alexandria, Egypt. The following
M em phis, Tennessee.—Except a light shower on Monday the are the receipts and shipments for the past week and for the
weather has been dry and extremely hot all :h» week The
conditions continue unfavorable and cotton i< deteriorating, corresponding week of the previous two years,
but opening rapidly. The precipitation reached on- hun­ A lexandria, Egypt,
1894
1893.
September 18
1895.
dredth of an inch. The thermometer haa ranged from 73-1 to
96'i. averaging 83-9.
Receipts (can ters*)....
N ashville, T rm essetx -The week's rainfall has been thirtyThis w eek
2 4 .0 0 0 i
7,000
3.000
S in c e S e p t. 1,
39.000
38,000
eight hundredths of an inch. Average thermometerSl, high­
4.000
est 94, lowest 66,
T h it
Since
ThU
Since
T h it
Since
M adison, Floriela , —Picking ia progressing finely. There
meek. Sept. l . | meek. Sept. 1. week Sept. 1,
has teen rain on one day of the week, the precipitation being Exports (bales)—
forty hundredth- of an inch. Average thermometer 77, highTo L iverpool.........
6,000
1,000
2,000
fat 89 and lowest 59.
To C ontinent!......... 2 ,0 0 0
5*000 2,000 13,000 i.o o o
7,000
Colum bus, G eorgia .—There has been no rain during the
Total Europe. . . . 2.000
s.oool 3,000 19,000 i.ooo! 9,000
week. The thermometer has averaged 82, the highest being
32 and the lowest 70.
f Of which to America In 1395, 200 bales; in 1894,
- bales: In
S a v an n ah , G eorgia.—W e have had rain on two days of the

1 8 9 3 ,------- bales.

THE CHRONICLE.

This statement shows that the receipts for the ween ending
Sept. IS were 21,000 cantars and the shipments to all Europe
6,000 oales
Manchester Market.—Our report received by cable to night
from Manchester states that the market is firm for bot i yarns
and shirtings. Manufacturers are generally complaining.
We give the prices for to-day below and leave those for
previous weeks of this and last year for comparison:

to finest.

I

‘
<1 .
d. a, 1
\
a a. d. s. d.
d
329:i. 5% ® 6» ,f 4 6*3*6 5*3 327.9
4 1*2®« 2
A*.16 5®ie
4
6*3*6
6 32, (2
5
Si
96
9
1S
5
“ 23 5 i i 16®69,e 1
t ’ ltt
31h8
" 30 5 7e * 6 3 1 4 3 *6 6
4®w 5Sj »69 18 4 6 0 6 6
4
6
*
3*6
7
329.9
5H i 88 6 “8
* 6 7e 4 3*4*6 6
Sep. 6 6
321 j
5lSle ®658 4 6*2*6 7
" 13 6'ia * 678 4 3*a®6 6
323.,a
4
6
*6
6
4%
4 4 *6 6
" 20 6ii« * 7
E x p o r t s o p C o tto n G o o d s p r o m G r e a t B r it a in . —Below

we give the exports of cotton yarn, goods, &c., from Great
Britain for the month of August and since October 1 in
1891-95 and 1893-91, as compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
the movement all to pounds.
Cloth.

Yam&Thread.

lotal of AV.

000# omitted.
1394-95 1898-94 1894-95 1893-94 1894-95 1893-94
Yds.
Lbs.
Lbs. Lbs.
Lbs.
Yds.
October...... 24,073 20,979 485,569 423,298 91,444 80,418
November... 22,934 22,278 448,142 408,954 84,390 77,674
December... 21,284 18,014 433,042 437,502 81,605 83,108
Tot.lst quar. 08,291 01,271 1,367,353 1,209,814 257,505 241,200
January...... 25,058 19,931 405,104 461,951 87,491 86,999
February__ 21,597 20.250 400,097 406,911 75,890 87,74'c
March......... 24,840 20,709 415,025 473,022 78,603 89,195
Tot. 2d quar. 71,489 00,890 1,280.88* 11,401,484 241.984 203,93?
Total 0 mos. 139,7801122,101 2,618.239 2,071,298 499,489 505,186
April........... 24,042 20,^10 402,088 419,178 76,143 78.941
May............ 25,13ft 19,655 399,493 407,955 75,005 76,828
June............ 19.740 20,048 356,068 403,783 07,437 70,042
Tot. 3d quar. 08,918 60,519 1.157.598) 1,280.916 219,185 231,811
Total 9 mos.. 208,098 182,680 3,805,838 3,902,214 718,074 786,947
July............. 21,858 22,891 476,467 459,287 90,240 80,495
August........ 23,048 20.8421 432,087 427,329 81,835 80,477
Suidry articles...................... ....................................................
Total exports of cotton manufactures..........................

1894-05 1893-94
Lbs.
Lbs.
115,517 101,397
107,330 99,952
103,949 101,122
825,796 302,471
112.543
97,487
103,443
313,473
039,269

100.930
107.992
109,904
324,826

627,297
100,185 99.757
100.741 96,483
87,177 96,090
288,103 292,330
927,372 919.627
112,098 109,380
104,877 101,319

1,160,673 1,150,168

The foregoing shows that there has been exported from the
United Kingdom during the eleven months 1,166,673,000 lbs.
of manufactured cotton, against 1,150,168,000 lbs. last year, or
an increase of 16,505,000 lbs.
A further matter of interest is the destination of these
exports, and we have therefore prepared the following
statements, showing the amounts taken by the principal
countries during August and since October 1 in each of the
last three years:
EXPORTS OP PIECE GOODS AND TARNS TO PRINCIPAL COUNTRIES IN
AUGUST, AND FROM OCTOBER 1 TO AUGUST 31.

East In d ies.........................
Turkey, Egypt and Africa...
China and Japan..................
Europe (except Turkey).....
South America............. .......
North America ...................
All other countries.............
Total yards......................
Total value......................
Yarns—Lbs.
(000s omitted.)
Holland..................................
Germany..........................
Oth. Europe (except Turkey)
East Indies
China and Japan...
Turkey and Egypt.
All other countries,
Total value....7

August.
Oct 1 to Aug 31.
1895. 1894. 1893. 1894-95. 1893-94. 1892-93.
162.860 198,447 192,109 2,035,148 2,321,138 1,784,159
64.272 00,121 69.033 750,134 699,452 575,007
54.503 37,110 40,572 473,803 478,872 447,204
22.505 19.170 24,409 245,154 272,387 269,332
04,450 51,319 50,570 582,095 456,493
29,040 23,541 22,940 298,177 247,311 008,613
34,305 31,021 27,077 329,881 313,715 201,796
432,087 427.329 432,716 4,714.392 4,789,370 4,201,415
£4,107 £4,007 £4,400 £43.149 ±40,489 £42,804
2,785
4,290
4,090
3,a06
3,095
2,103
1,507

3,409 3,202 32.139 41.754
3,144 2,572 43,904 29.281
3,188 3.412 49,117 30,112
3,-32 4,218 43,878 37,565
2,213 2,078 25,074 20,840
2,504 2,749 23,845 27,08 i
1,158 1,089 15,014 11,031
21,182 19,438 19.920 233.931 20 ',705
£777 £752 £847 £8,484 k8,082

31,953
20.838
35,335
33,999
30,201
£8.200

uAwiwu, a u .- i n e r e nas oeen a tair inquir
tor jute bagging: the past week, and quotations have bee
maintained at 4}^c. for 1 % lbs., 4 ^ c . for 2 lbs. and oc. fo
standard grades in a jobbing way. Car-load lots of standar
brands are quoted at 4J^c. for \ % lbs., 4%c. for 2 I ds. an
5>£c, for 2J4 lbs. f. o. b. at New York. Jute butts on the spc
have been without feature at lj.^c. for paper quality, 1 T<c
for mixing and bagging quality nominal.
H a n d -B ook f o r D a il y C a b l e R e c o r d s o f A m erican
tiAST I n d ia n , E g y p t ia n a n d B r a z i l ia n C o tto n S tatist ic s

twenty-fifth annual issue of the daily cable record
or the principal cotton crops of the world has just been pub
Maned by Mr. John Jones of Liverpool and London. All th
teatures of previous years have been retained, the pages beio:
so arranged that the daily and weekly figures for this year a'
received can be inserted side by side with those for the previ
•ous year. The bo.k will be found on sale at the office of thi
Commercial Telegram Bureau, 19 Beaver Street.

Savannah ..........................
Charleston.........................
Florida, <feo........................
Total.............................

Stock.

1894.

1895.
Receipts to Sept. 20.

Since
This
Since
This
week. Sept. 1. week. Sept. 1. 1895.

1894.

410
37

554
55

1,855
37

2,720
42

Ill
56

2,669
481
445

447

609

1,892

2,762

833

3,595

The exports for the week ending this evening reach a total
of 81 bales, of which 1 bale were to Great Britain, 80
to France and — to Reval, and the amount forwarded to
Northern mills has been 75 bales, Below are the exports
for the week and since September 1 in 1895 and 1891.
Exports
from —

Week E n d in g Sept. 20. Since Sept. 1, 1895. N orlh'n Mills
Great Fr'nce
Great F r'nce
Total.
BriVn. <£c. Total. BriVn. <£c.

8avannah...
Cliarrt’n.&c
Florida, &o.
Sew York..
B oston........
Baltim ore..

1

T otal........

1

Total 1894..

10

81

1
__
.........
1

10

34

80

81

.........

......

1

Twist.

so I

lipids

Ji

to f i nest.

Piece Goods—Yards.
(000s omitted.)

S e a I s l a n d C o t t o n M o v e m e n t . —We have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
r 'ceipts for the week ending to-night (September 20) and since
Sept. 1, 1893, the stocks to-night, and the same items for the
corresponding periods of 1891, are as follows.

1894.

1895.

8*4 lbs. S hirt­
8*4 lbs. S h irt­ Cott’n
32s Cop. ings, common Mid. 32s Cop. ings, common
Twist.

[VOL. LXI.

JO 1

524

80
____
.........
80

Since
Week. S ept.l.
75

100

.........
81

___
.........
75

.........

34

287

421

81

100

A considerable portion of the Sea Island cotton shipped to
foreign ports goes via New York, and some small amounts via
Boston and Baltimore, Instead of including this cotton for
the week in which ii leaves the Southern outports, we follow
the same plan as in our regular table of including it when
actually exported from New York, &c. The details of the
shipments of Sea Island cotton for the week will be found
under the head “ Shipping News,” on a subsequent page.
Quotations Sept. 20 at Savannah, for Floridas, common,
9c.; medium fine, 12c.; choice, 15J^c.
Charleston, Carolinas, all nominal.
D om estic E x p o r t s o p C o tton M a n u f a c t u r e s .— Through
the courtesy of Mr. W. C. Ford, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for July and for
the seven months ended July 31, 1895, with like figures for the
corresponding periods of the previous year, and give them
below:
quantities of Manufactures o/ Cofc-| Month ending July 31 7 mos. ending July 31.
|
exported to—
United Kingdom................... yards
(Germany ................................ “

1895.

1894.
1895.
1894.
006,090 5,760,651 4,971,483
318,491
910.157
32,63::
169,431
870,00*)
3,2u0
33.20C
110,114
74,561
10,940
401,318
394,711
Other countries in Europe— “
348.85* 1,121,017 3,027.035 0,470,084
British North America......... “
529,832
340.050 3,919,815 2,023,945
vlexlco.................................... “
Central American States and
1,104,705 1,091,171 7,599.154 0,085.780
British Honduras............... "
157,810
20,631
18,941
325,781
4,57C
38,900
lb,5^2
8«.203
200,585
23,825
679,997 2,754,883
Santo Domingo...................... “
1,055,751
911,902 8,12 >,384 6,752,571
Other West Indies................
Argentine Republic............... “
223,335
332,873 1.2*1,402 1,003,0)6
1,304,181 1,882,157 5,395,017 11,252,019
544,495
351,987 3,433,050 1,944.166
United 8tates of Colombia... “
1,984,237 1,116,517 16.752,503 10,316.^31
Other countries in S. America "
0,103,142 5,840.931 23,150.497 37.160,053
China....................................... “
338,735
32,337
462,773
Brit. Posses’ns in Australasia “
37,548
480,000 2,441,657 3,09?,905
British India and East Indies “
ether countries in Asia and
930,792 1,103,137 8,899.289 5,037,568
Oceanica.............................. “
1,543,032
151,516 4,842.603 4,309,020
Africa...................................... “
206,250 1,370,400 4.141,070 7,287,339
ether countries...................... "
10,743,422 16,972.410 101,927,759 113.264,945
Total yards of above...... “
Total values of above............. .
1913,272 1980,472 $5,507,9 iS $6,898,356
$•1591
?alue per yard................................
1 0545
$•0540
$•0578
Values of other Manufactures of
Cotton exported to—
United Kingdom.............................
117.671
$17,72S $176,142 $172,520
Germany...........................................
113 770
155,253
9,860
21,199
5.172
79
France................ ...........................
486
5,474
Other countries In Europe............
57,707
2*5
14,296
22.228
172,210
859,107
British North America...................
105,546 1,227,555
82,021
vtexico..............................................
10,487
100,456
7,38 J
Central American States & British
Honduras.....................................
12,133
42.665
130,011
7,579
25,403
37.991
Cuba.................................................
4,389
3,091
5,300
853
3,228
Puerto Rico.....................................
183
7,663
324
1,705
Santo Domingo...............................
147
Other West Indies.........................
32.961
0,908
47,147
4,713
9.050
Argentine Republic....... ...............
2,527
9,729
2,265
05.039
2,629
Brazil................................................
33,175
8,873
4.070
20.491
15,593
3,739
United States of Colombia............
22,393
ether countries In So. America....
2,994
28.538
1,763
5,403
658
3.424
China.................................... 1...........
3,739
34,548
British Australasia.........................
2,380
2,579
45.145
263
1,117
British India and East Indies......
115
1,584
Other countries in Asia and
24,040
Oceanioa........................................
103.998
12,878
143 987
7,830
035
6.268
africa...............................................
15.520
727
1,354
12,475
ether countries...............................
15,278
Total value of other manufac­
1290,199 $220,295 $2,206,670 $1,097,405
tures of— ................................
Aggregate value of all cotton goods $1,203,471 $1,200,767 $7,714,018 $8,396,241
T h e E x p o r t s o f C o t t o n from New York this week show an
increase compared with last week, the total reaching 6,496
bales, against 1,883 bales last week. Below we give our
usual table, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and direction since Sept. 1, 1895, and in the la-t
c rlumn the total for the same period of the previous year.

THE CHRONICLE.

■September 2i , 1&95.J

aXFOSXSOF COTTON (BALES) FKOM NEW TO&5t SINCE SEPT, 1 185-5
W eek E n d i n g E xported. to —

Aug.
30.

T o ta l
rin c e
Sept. 1.

S a tu r d a y M onday. T u e sd a y. W ed'day T h a r $ri'g. F r id a y .

Spat.

8am *
p e rio d
p r e v io ii
y ea r.

525

M a rk e t, )
1 :45 P.

Firm .

Easier.

H ard en ’?.

Good
H a rd e n s. dem
and.

Firm.

I T

f t

M ld.U pI’da

4% 2

4*4

4*4

49SS

4*16

4%

L i v e r p o o l ______ ____
O th e r B r itis h p o m . .

349

546

1,413

5 ,1 4 9
210

7,1 0 3
210

1 0 .3 9 6
2,039

S a le s ............
Spec. & exp.

6 ,0 0 0
50 0

3,0 0 0
5 00

1 0 ,0 0 0
500

10,000
500

1 2 ,0 0 0
1,0 0 0

1 0 ,0 0 0
1,0 0 0

T o t . t o G t . B r it ' s .

349

546

1,413

5 ,3 5 9

7 ,3 1 8

13,4 8 5

76

300

201

577

250

F u tu re s. r
'
at
M a rk e t. / Stea<*t
o s rtia ltj
1:45 e. M.$ 1-84 adv

decline.

Firm a t
3-64 a d ­
vance.

300

201

577

250

Firm .

B arely
steady.

175

2

754

2 ,7 3 2
723
69 S

T -

H a v r e .......... . ..............
O th e r F r e n c h p o rt* ..
Tot A t F rench . . .
B r e a .- i, .......................
f f a m b a r ? ___ . . . . .
O th e r cM-jr'.*. ...............

Xot

7Bi
983

5?7

18

......

......

.....

(>«io.Eraoi-K

r t a . I ta ly , A c . .
1 o t h e r . . ............
S tA IX ,

Steady ai
2*64 ad ­ & s & * &
vanceadvance.
Quiet but
steady.

Quiet

Quiet.

The opening, highest, lowest and closing prices of future*
at Liverpool for each day are given below Prices are on
the basis of Uplands. Low Middling clause, unless otherwise
stated:
R T The price* a r e p i r a i in p e n c e a n d 64th*.
3 6,4-64d .. a n ti 4 01 m ean* 4 1-046.

S

TOTAL

Barely
«T#adT

M a rk e t, 1
4 P. M. {

Easy at
decline.

* 0 —1

s la t ,, S e p t. 1 4 .

HtAND TOTAL..

Total b-ales-

Kbw York—to Liverpool, per steamers AoranU, 1,000 upland
ar.d 1 sea Waml .. Ovle. k,14S..„............ ...................... 5,149
To Hail, per ateamer Buffalo, 2> 0 ................................ ........
2u0
To Lohood. per steamer Rialto. JO.....................................
JO
To Havre, per dtearuer* La TouralBe, 121 upland and SO
201
S»a t«:»od . ............................ ......... ................ ..............
To Bremen, per steamer Neoitar. 2.............. .......................
-2
To fienon, perateatuer Olymp'a, 63*....................................
63s
................
3C0
To Vofcobama, per steamer Giro >it!e, 300......
1*«V Oklxaxa- t. Liverpool, per steamer* Co*ta Rte*n, 7,150
.... Vesta, 5,100 ....................................................... ... 12,2 50
Boston—Te LtverpeW, par •leameia OpbMost*. 3 __PWlaM phUta, 50 .. Sa»amore,S6 .................... .....................
109
Baltimore.-To Liverpool, per steamer QaeeitMuere. 1............
l
Total. ...................................................................................... .17,6 50
The particulars of these shipments, arranged in out usual
form, are m follows:
hirer
Bre
Td&fr
H u ll. d<m. It&wre. mem.
kmmm. Total.
New York. J. hd
1*>
201
2
634
300
6 .4 0 6
W. Orleasr. 12.2*0
12 2 5 0
Bootes---too
io o
----......
Balsmore...
i
......
i
Total. . .. 17m a
200
10
201
2
634
3 0 0 1 8 ,8 5 6
Below we add the clearances this week of vessels carry . n g
ootton from United States porta, bringing our data dow. to
th e la te s t d a te s :
9w w O aLkA trs—TO L iv e rp o o l—8et>t. i s —s tc a m o r C sp c i:* . 5 ,0 20 . . . .
Sept. 20 -S te a m e r K—s s. 2 , i t 2 .
T o R o tte rd a m - s e p t. 1 0 S te a m e r L o a n g o . a s ,
Ba v a jijia b —T o B a r w lo B a - S e p t . l * —S t* a m » r O e ta b r * . 6 ,5 3 0 .
B o a r o n - T o L iv erp o o l - S e p t. 1 6 —
e a r a b r o u is a . S3.
O k ltto n f r e i g h t * t h e p a s t w e e k h a v e b e e n a s f o l l o w s ;
Sritur.
L iv e rp o o l, b ui. . ,o
he
l»<>
A rked.d
h*
H aT T # ,. . . . . .
**
UMatti. . . . c
B m m m . , , .............«* 2 0 *25*
....
D o O c to b e r ..;
20 i
Do
............. d
. .. A
A tn s tm U U D ____t : 2 0 * 3 5 Ite T al, v. |jA in b d
D o v. If-* ,:...6
B a re e fo a * . i n l y .u
G e n o a .................d.
T r i m t e , ............. «f.
»„*s 1
A n tw e r p .----------a
Hi
\
O b e n t, v . A n t w 'p.rf
■»«*

Mmi.
**A

Turn* ;
:

***

**i ~ |

....

%

%

H

2 0 * 2 5 ' 2 0 * 25* 20A 2-V :
25*
25' ,
23*
2*3*25* 2 0 * 2 5 * 20 4 l i t
...
\
ry, „
2C *25 8 0 - 2 5 ’ 2 0 * 2 5

25*

i» » h i
* hXl
le a J. ,

H-Ut

*«
7 ..

H*
7 .

****«, ;

7ft,

f

L i v e r p o o l . — Hy c a b l e f r o m L i v e r p o o l w e n a v e t h t f o ll o w n g

< t M M t a ? «s •

to • r

t

« r 1l

A u g . 3 0 ; Sept. a

Sales of the week.......... bale*

1.

Sept. 13.

S tp l. 20.

61,00**
O f w h ic h e x p o rte r* to o k
1,10**
2.GOO
2.100
O f w M oh s p e o a ia to r* to o k
300
3 .- 0 0
2,200:
Sales ABMtica*............. .
53.000
36*000
3S.000!
A otaaS e x p o r t .......................
9.000
5
.0
0
0
9,00*)
F o r * Ardo.1........ .........
.52,000 *6,000 43.0
49.000
00
f *■xi/Mh 1,094,000
T oT taz lr sto
te-d■........ .l. 22»,ooo use,o**o 1,143,000
- s rc ks — B*
- aU m
,- a—
Of whleh Assrleao—Eatlr.’t 1.094.000 1, ».’.*>.<*.»i 1.020.000 976,000
Taal import of the week.....
f 8,000 12.000
8,000
5.000
4.000
O ! w h ic h A m e r ic a n .......... .. s
9 ,0 0 0 '
6 ,0*10
4 ,0 0 0
• ■ W n o ta B o s t.............................. :
2 6 .0 0 0
2 3 ,0 0 0
19,000
34.000
>. »!:;■■ « %nicrinan,........
I . v . u , w
13,000 30.000
The tone of the Liverpool market for spots and futures ea- h
day of the week ending Sept, 20 and the daily closing price*
of spot cotton, have been aa follow*6 3 ,0 0 0
l , “ O0
4 ,0 0 0
5 9.000fl,f*Oo;

40.000

4 2 .0 0 0

Septem ber..
3ept--t*ot...
O e u -N o r....
N ot ,-D ec..
Dee. v isa ..
J en .-F e s.. .
Feb.-M ch,
Med.-April.
A pril-M ay,.
M ay-Jun#..
June-JnSy-.

July-

d.
*16
t 16
4 15
4 id
* 17
4W
4 IS#
4 ti
4ft
itB
iti

1

Open

Shipping) S ews.—The exports of cotton from the Unind
States the part week, as per la te s t m a il returns, have re a d ed
18,856 bales. So far as the Southern ports are concerns there
are the same exports reported by telegraph and published it
the Chronicle last Friday. With regard to S w York we
include the manifests o f all vessels cleared up to Thursday.

■ A.
i 16
* 16
i 15
* 16
4 17
* 18
*m
i tl
*n
its
4 3*

Law I Cio*.

Open Bidh

is

aim .

* ti
*18
IT
*
u
Oea-Boe..
* 17 t n
t m 418
J»e-Fe»— * v» 4 W
Feb..Mels. ,S1 i 21
MdL*AwrttJ t,n * «
4 t* *i,
May-June, -: i ti 1f 5
JmmmitOy j 4 te 4m\
J«:{f-A'u« . J
1

E

Open High
d.

4 18
4m

4 18
4 18 : 4 18

* 18

i il *17., 4 18
tt- i n j i 18
*IS * m\ * i»

4 t» 4 It
*21 i it |
m 12*1
t ga Ailj
4*a i mi
4 » tti |
A

D

4*9
*m

iU
iU

436
1tt
S

T

4 15
415
4 15
4 15
4 10
4 17
4 IS
4 20
4 21
4 23
4 24

L<nc.
d.
i 15
4 15
414
4 14
4 15
*17
4 IS
4 19
4 21
4 22
4 S3

« “•
6.

- 415

1 IS
4 14
*h
*H
4 17
* IS
4 19
4 21
422
4 23

.... 1
if*
Frl.. Step,. -AO.
“
Hyk Law. Ole,., >P*n u m Law. Clot.
1- 4. fit. A d. <L <L
* 11$ 4 IS* i-a 4M 4 21 4 tl
4 lb 4 144 4 16 j tes 4 ft* 4 21 4*1
4 18 i IS 4 IS i M *•« 420 *30
i it *1*
i 22 4 22 4&J * m
* at 4 16 iti»l 4S3; 42* 421 i t i
*Si. 4S6 4 SI 4n »*s »« i t s
i n 4 22, 4SS 42d Art IU 4 *24
4
4 S3f . a ! 4*7 4tl 425 425
425 424 *2i 4 m *» 427 4 27
*M 4tM 4 28 4 so! *50 4 2S 4 23
*21 4 f# * r, ] 4 31 431 4 til *80

Thurs.,

a m Law. Oau.: 1opm
4 *.. 4. do | : eL

R

Low.

T ttes*., S e p t . 1 7 .

: <L
d.
d. d. d. : d.
4 Id 4 m 4 13 4 11 4 11 4 15
4 16 . 413 4 18 4 U 4 II 4 15
: * 15 4 13 4 13 i l l * 11 4 15
416 4 13 4 1 8 4 11 * 12 * 15
*n
4 14 4 14 4 I t 4 12 4 1«
4 18 14 15 4 15 4 13 4 13 4 17
*m
4 17 4 17 4 15 4 15 1 4 18
t 21 4 18 4 IS 4 16 4 16 4 20
*22 4 33 4 I t * I t 4 17 A 17 j 4 21
4 tS 1 » ’ 4 21 4 81 4 16 « IP j 4 S3
4 f 4 4 24 4 22 4 2 3 4 fO 4 20 * 24

W # 4 .,S r p t ,

B

M e z t., S e p t . 1 6 .

\ A.
* 16
. 4 16
1 15
* id
*17
4 IS
* 10
421

•.
Open
4.
*m
t is

T h u s : 3 83 m e a n *

U

sle p t

F

F

S

.

September'30, 1895,
There ha- been a decided improvement in the market for
wheat flour. An advance in the grain stimulated a demand
from buyers and a moderate amount of business has been
transacted at an advance of about *> to 10 cent** per barrel.
City mill* have -old fairly w« It at full value*. For rye Hour
the demand has been -low and prices weakened slightly.
Buckwheat has sold slowly, but prices have been quoted un­
changed. Corn meal ha-« beau lowered 5c. f»r bbl. and at the
decline a fair amount of business has been transacted. To-day
the market for wheat flour was quiet and unchanged.
The speculative dealings in the market for wheat futures
have been fairly active anil prices have advanced on a brisk
demand from “shorts,” both here and at the West, to cover
contracts, stimulated by an improved “ cash" trade, stronger
foreign advice-, accompanied by buying orders, and increased
attention having been given to the smallness of the move­
ment of the winter-wheat crop. In the spot market shippers
have been .moderate buyers, and prices have advanced
" 1‘h futures. The sales yesterday included No. 1 Northern
at Dec. price t. o. b. afloat. No. 1 hard spring at 2>Tc. over
Dec. f. o. b. afloat for old crop, and l?|@8o. over new crop;
also No. i ted winter at ,c. under Dec. t . o. b. Today the
market opened higher in response to stronger foreign ad­
vances and foreign buying, but subsequently selling by pro­
fessional traders caused a decline. The spot market was mod­
erately active. The - dee were principally choice ungraded
red winter on private terms, but included No. 1 hard spring
at 1; ,c. over tree, f. o, b. afloat for new: No. 3 red winter was
quoted at t|c . under Dec. f. o. b, afloat,
oailv oLOstxo raiCEs or s o . 2 a«m winter wheat.
F r id a y .

S a t.
S e p te m b e r d e liv e ry . ..c
,.e.. 61 T,
O c to b e r delivery .........
.
, o,0 82*e
fU
D e ce m b e r d e liv e r y ........ c. iH
May delivery................. 0. 67 Y*

Man.
s i%
61%
63%
67%

Tut*.
0 2 'u
62 *e
6i

*r«4..
03%
6 3 *a
65%
69

Thur*.
63
63%
65
68%

F r i.
62%
62%
64%
67%

There has been a fairly active speculation in the market for
Indian corn futures and prices have advanced on buying by
shorts to cover contracts, stimulated by a small movement
from the interior and in sympathy with the rise in wheat. In
the spot market shippers have been less active buyers, but
prices have advanced with futures. The sales yesterday in­
cluded No. 2 mixed at 40i**i( -t0f*c. in elevator and 2fjjS, over
Oct. f. o. b. afloat, To-day the market was weak and lower
under general selling, prompted by favorable weather condi­
tions at the West for the maturing of the crop. The spot

THE CHRONICLE.

526

market was fairly active; shippers were buyers at lower
prices. The sales included No. 2 mixed at 38J6c. in elevator
and 2^@ 2Jjc. over October f. o. b. afloat; also No. 2 white at
40J^c. f. o. b. afloat.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.

Sat.
September delivery. ...c . 3 8 ‘a
i »otober delivery__ ...e . 38
November delivery.. ...c . 37%
December delivery.. ...c . __
May d eliv ery............

Mon.
37i«
371s
35%
35*3

Tues.
S-S8
377e
37%
36%
35%

Wed.
39%
39*8
3838
36%
35%

Thurs
3958
39%
38%
37
35*8

Pm *
38%
3S
37%
35%
35%

Oats for future delivery have been moderately active at ad­
vancing prices, with “ shorts ” fair buyers to cover contracts
on a disappointment in the crop movement and in sympathy
with the improvement in wheat and corn. Tne spot market
has been fairly active and firmer. The sales yesterday in­
cluded No. 2 mixed at 24%c. in elevator and No. 2 white at
29@29J£c. in elevator. To-day the market was weaker in
sympathy with the decline in wheat and com. The spot mar­
ket was quiet and easier. The sales included No. S mixed at
14}jc. in elevator and No. 2 white at 28%@29c. in elevator.
DAILT 0LO81NG PRIORS OF NO. 2 MIXED OATS.

F r-.
Wed. T hurs
Sat.
i f on. Tues.
24%
24%
24%
24*
24
teptem ber delivery..
23%
24%
24%
23%
24%
October delivery....... ..c . 23%
23%
24%
24%
25
25
December d eliv ery ......c. 24%
24%
25%
Way delivery..............
26
25%
25%
25%
26%
Bye and barley have sold slowly, but prices have held steady.

The following are closing quotations :

fVOL. LXI.

throughout, neither converters, j ibbers nor exporters opera­
ting with any freedom. Coarse yarn goods are very firm at
previous advances, and some fine yarn makes of sheetings
have advanced J^c. per yard. Stocks small in the aggregate.
Bleached goods are without change ; the demand is quiet at
extreme prices in fir.e medium and low grades, but sellers are
very firm, Wide sheetings are quiet but steady after some
irregularity. Cotton flannels and blankets strongly held.
Under print cloth influences kid-finished cambrics have been
raised to the basis of 3%c. for 64 squares, but the demand is
quiet. Other linings are quiet but very firm in price. Ticks
are well sold ahead and leading makes are 3>|c. higher on the
week. Some fair sales of denims have been reported, but the
general demand is quiet at firm prices. Plaids, cheviots,
checks and stripes are all in moderate request on previous
basis. Reorders for prints have shown further falling off in
fancy and other regular calicoes, but the market is decidedly
firm, prints cloths being a good support. Ginghams dull in
all divisions. Business in print cloths has been practically at
a standstill with extras nominally 3\gC. The labor situation
is perplexing and there is a disposition to await next week’s
developments.
1895.
Stock o f P r in t OLoths—
Sept. 14.
At Providence, 64 squares.......
At Fall River, 64 squares......... .......... 27,000
At F all River, odd siz e s.............
Total stock (pieoes)___ . . . .
W o o l e n G o o d s .—The

1894
Sejpt. 15.
79,000
162,000 >
158,000 \

1893
Sept. 16 o
177.000
431.000

399,000

608,000

B i l k . - . . . __

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

Bilk____ ___

annfaotures ofWool................
fJot.ton . ..........

Total............
nt’dforoonsum

men’s-wear woolen and worsted
Pine_________ *8 hhl. *2 1 5 * 2 20
S3 25®S3 50 division has been even more inactive this week than before,
3
65®
inperflne..................... 2 1 5 ® 2 35 City m ills extras.......
particularly towards the close, when agents reported some­
Extra, No. 2 ............... 2 25® 2 50 Rye flour, superfine.. 2 50® 3 bo
Extra, No. 1................ 2 50® 2 75 Buckwheat flour....... . . . . ® 2 00 thing akin to stagnation. In no description of either staples
or fancies have sales been otherwise than small, a few pieces
Clears........................... 2 80® 3 10 Corn m eal—
Straights..................... 3 10® 3 35
Western, <feo............ 2 50® 7 55 here and there constituting the bulk of individual transac­
2 60
Patent, spring......... . 3 40 ® 3 75
Brandyw ine............
tions. Agents are awaiting the development of the re-order
[Wheat flour in saoks sells at prices below those for barrels, i
usiness with considerable anxiety, particularly those han­
GRAIN.
dling medium-grade goods, the condit’on of the latter in
Corn, per bush—
0.
Wheat—
0.
O.
heavy-weights being far from satisfactory. There has been
8prlnp, per bush.. 63 © 67
West’n m ix e d ...... 38 ® 41
Red winter No. 2 .. 62%® 63%
No. 2 m ixed.......... 38%® 40% no material change in the price situation in any direction.
Red w inter............ 60 ® 65
Western y e llo w ... 38 ® 41
Overcoatings and cloakings have also disclosed quiet condi­
W hite....................... 64 ® 66
Western White___ 38 ® 41
tions and unchanged prices. Satinets are dull, as are union
Oats—Mixed, per bu. 24 © 26% Rye—
and cotton-warp cassimeres.
Woolen and worsted dress
Western, per bush. . . . . ®
White..... ................ 26 ® 33
No. 2 m ixed .......... 24 %® 25%
State and J e r se y .. 45 ® 50
goods for spring are being opened, and some lines have
No. 2 w h ite............ 28%® 29% Barley—W estern.... 45 ® 50
already secured good orders at a slight advance on last season
State 2-rowed....... __ ®
in bright fabrics. Re-orders for fall fabrics are fair for the
State 6-rowed....... . . . . ® ..
time of year.
O T F o r o t h e r t a b l e s u s u a l l y R iv e n h e r e s e e p a t e 3 0 0 .
F o r e ig n D r y G o o d s . —Business has been indifferent in fall1
merchandise, with the exception of the demand for most
popular lines of dress fabrics and ribbons. In spring goods
T H E DRY GOODS T R A D E .
woolen, worsted and mohair dress goods have been ordered in
N e w Y o r k , F r i d a y , P. M„ September 20, 1895.
considerable quantities and a fair business done in new silks
Strength and dulness have been the prominent features of at firm prices to 5 to 10 per cent advance on last season.
the market for cotton goods during the pist week, The de­ I m p o r t a t io n s a n d W a r e h o u s e W i t h d r a w a ls o f D ry G o o d s
mand was at no time more than moderate, and sin ;e Wednes­
The importations and warehouse withdrawals of dry good s
day has been further curtailed by the break through the ob­
servance of the Jewish New Year, which took an important at this port for the week ending September 19, and since
division of buyers more or less out of the market. In January 1, 1895, and for the corresponding periods of last
the aggregate the week's business has probably been the year are as follows:
smallest for a considerable time past, bu, despite this there ■8 H s
BJ s
s
s
3
3
wH
S?*J 2
et
5-3 s f S
does not appear to be any increase in the supplies available P
9 to
o a af
for purchases for i i.mediate delivery or any greater willing­
£h
|R
B
SB.
*>: III
ness on the part of the general body of manufacturer! to ac­ 3
89:
&
ts ;
3;
=
)
pCP.;
C
P•.
cept orders to any extent for future delivery. Prices are -3
•p
:• N
p
w
sMgC? Si
o
o■
:
^
®
-+
firm throughout the staple goods marker, and although S
1c+
pO
:
p
:
P
!i
i•
B
.
i
£
®
I
“
S'
9
*
i
2
a
1
there have been fewer advances reported than usual and the
p* RSS
:©
i a
upward tendency has been less pronounced, indications show
{
.
•3
•
:
i
to
m
2
•
1
:
i
e+•
ctCD
that it would not be safe to assume that prices generally have
M _ M
MM M
M-t-<
*0
C
O
<1©
<
1
reached their top limit in either brown, bleached or colored M <14*
K ~4*
4- M
©
O
’©®©
M
2’
.•ottons. Buyers may be fairly well provided for the moment, >-* oi© 00
~4©
o»oi
4- 'O
to
to
O
’
©
W
O
’
M
O
’
m©
wo©td©
►
to mm
© *-*Cn ©w©cn<j ss M MWOtOOl
but there ought to be a considerable business coming forward to
w
to^
IS
C
O
M
HB
Pfe
between now and the end of next month for current r> quire- -j 00© HHHtOtO O
A
toww
to M00 -J
to ooco H
tOC
OOC©
OM
1
^
-©®
©to
toco
h-©
JO b3U
t
to
4
*
a
M
^
ments, and the market is in such shape that sellers can easily to
1<350500 2 © CO© Mto®©to cc © ®to©O’CO
cato COl—
®
M
©?
afford to await developments in an attitude of pronounced
OlCOMrO<1
H'lwbV
a ®
©®
©
w
©
C
O
to
C
O
do©
firmness. Cotton dress goods have been quiet but firm in OS ©a CD CO©tO
© w©>-*WM
© ©to WMtO
printed lines of all kinds Tne woolen and wors'ed depart­
H
c
O
’
a Ol
O
’
©
ments have ruled dull and unchanged in men’s wear, with a
% dr,
H
tO
M
W
M
M4tO
MtOM
It-CO
OO
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to V»C5 to©
fair business in dress goods in fall and new spring lines.
w O’ ©W-4®Ol •» fk
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O
’
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to©
to
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►-*a to©
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D o m e st ic C o t t o n G o o d s . —The exports of cotton goods o» tow ©©o»©®
O’ to^ <t
©to©to®
l-M
©©if-M
from this port for the week ending September 16 were 1,784
©
09
4-to
-1
©
packages, valued at -98,056, their destination being to the CO top
O’ toto Mw©O’O’ H to ©O’©00O’
M
©
toOot <
1C
O no ►M loV
©
'—toto X ©©©©©
points specified in the 'able below:
©C
®
aw©oi
CO
O or
®
©
W4-C
OO
lC
CD
i
O1’G
MO
’O'-© X -J O’O’O’to
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1895.
©<1©CO© a ©
1894
©®
^4®
© 33 M Mtoto©!^
4*
wcc
-J
®
to©
wto
oto
0*
New Y ork to Sept . 16.
-4
tO
©
"4
©
M
to vicn M©O’©»
MM©©<1
Week. Since J a n . 1. Week. Since J a n . 1. M -44wM
M
M
•c-to
MW
18
3,641
135
a O’ W-*^. Wto
t—
1
ao
•
—
*
w
co
O
’O
’
Q
©
M
l*
to©©
Other European.....................
108
2,022
55
4
A
-*
O
l
®
to
I-*®
2,306
M
®
0-4
0’
m© ot M
© MO’ ©MOttOM
M ©®©©00
38,943
India................ .......................
to to
5
to 1to
3,698
a to
203
5,752
K
©C>
© W©©M
M©
to K CO ®
toW©
Arabia......................................
©
16,052
125
MtO
'-J<J
C
aJ
4-©®<1
C
OC
©Ow
©to W
©* 4- ©
A frica......................................
6,275
832
to
K
O
lH
tO
EH
to
i—
O
’wto
O
’-9
8
M
West Indies............................
210
12,215
415
o©
to
to R © biases©to s ©;
12,963
O’*
© '©O
M exico..................... ...........
—
M’ ©®
O’JO©
to©
to©
O
4-’ o «uOu’ C
85
►-1 w©®
2,051
m
-*tO©*©w
“4©
56
1,476
tO
©M
OO
©’©®
CO©M
©©
w
CD
Central America....................
357
8,265
54
©
951
43,433
795
34^440
C
O woo M MCO
M
-J
<
1 -4O’—
50
5,402
63
2E
I-*
w
M MCO 00
O’to COM®-^©
O’ to
O’toto©4M
CO
<1 mto ©tO®<14g
Total................................... 1,784
OMMMA
K
to
C
O
©
w
«
©
©
C
O
C
O
M
141,997
w© O’4- to Vo
5,108
M M ©©tOtOM
O’Ui^Q
O
o© -4
China, via Vancouver’. . . . 2 ,6 '0
19,655
810
19,198
© ©
©© ■-1©w©©
©®©W
<1
CO ©CO tO©4*-©^4
s
M
Total................................... 4.464
►-*
M C
®
161,652
O
to
i
to
M
M
KH
5,918
182,093
M
©
M
towie>©
© mo toCNCO
CO CO© tOrfM^CO
o
* From New England mill points direct.
1m ©O’©if*-©
mVj C
MM ®
C
O ©to
©® w
OtotoM
to©
O©*jco©
to
©<
W
©
9S
^J
©
©«
The value of the New York exports for the year has O’ ©00 *-*co< - ©
© ©© ©©^4®©
© ©-4 COO’® s
toW
to
<
3-^J
toO b©w
oco 00
®
©o’bi co ©
M
CO© to
O’
been $6,850,283 in 1895 against $8,416,736 in 1894.
©
M
W
©
C
O
l
tocooie-co
CCW
O®*Myt©®
00 ©© O’©O’CN
© W
Business in brown sheetings and drills has been quiet
coco ©©O’O’©
FLOUR.

S eptember 21, 1895.

THE CHRONICLE.

527

rto n d P ro p o sals a n d N egotiations.—We have re­
vived through the week the following notices of bonds
TERMS OF SUBSCRIPTION.
recently negotiated and bonds offered and to be offered for
T h r I nvestors ' S u pplem en t will be furnished aie
Alva, 0. T.—Bonds of this municipality have recently
w i t h o u t e x tr a c h a r y t to every annual subscriber of the
been voted for water-works.
C om m ercial a n d F in a n c ia l C h r o n ic l e .
Blue E arth City. Minn.—Proposals will be received until
T h e S tate a n d City S u ppl e m e n t will also be fu r­ October 8, 1895, by C. N. Brown, Village Recorder, for the
purchase of $10,000 of 6 per cent 30-year village bond*. Inter­
nished w ith o u t e x tr a c h a rg e to e v e r y subscriber of the est will be payable annually, both principal and interest to b#
payable at the Chemical National Bank, New York.
C h r o n ic l e .
Boston, Mass.—Only one bid was received on September
T h e Street R a il w a y S u ppl e m e n t will likewise
18 for the purchase of a $1,000,000 temporary loan, issued in
be fa m ish e d ir ith n u i e x tr a c h a r g e to every subscriber anticipation of taxes of 1895, that from the New England
Trust Company offering to take $300,000 of the certificates
of the Ch r o n ic l e .
bearing 2'475 per cent, which amount was awarded to them,
T h e Q uotation S u pplem en t , issued m o n th ly , will The certificates are dated September 20, 1895, and are pay­
able
November 2, 1995.
also be furnished w it h o u t e z tr a ^ c h a r g e to every sub­
Brown
fen, Minn.—Oa Sept. 2, 1895, the village of Brownscriber of th e C h r o n ic l e .
>on sold SO.OOO of 6 per cent water-works bonds to Jefferson &
TE R M S for th e C h r o n ic l e w ith the fo u r S upple­ Kasson of St. Paul for $0,001. Interest is payable semi-annu­
on January 1 and July 1, and the principal will mature
m ents above nam ed are T en D ollars w ithin th e U nited ally
in ten year*.
States and Twelve D ollars in E u ro p e, which in both
Canyon County, Idaho.—On September 7, 1893, this county
sold $40,1)00 of 6 per cent funding bonds to Roberts Bros., of
cases includes postage.
Spokane, for $40,600, the firm to furnish the blank bonds.
The loan matures at the rate af $4,000 yearly in from 11 to 30
Terms of Advertising—(P e r inch space.)
years from date. Two other bids were received for the secur­
Onetime.................. .
f 3 9 0 j T o r e * M o n th s (1 3 c im e » > ..$ 2 5 0 0
O n e M o n th
(4 t i m e s ) . . 1 1 0 0 S i x M o n th *
< 2 8 t U n e s t .. 4 3 0 0
ities, one from De Van & Co., of ;Loa Angeles, offering par,
T w o M o n th *
( S t l m e a i . . I S 0 0 1 T w e lv e M o n th * {52 ti m e * ! . . 5 8 0 0
one from S. A, Kean, of Chicago, offering a premium of
(The s h o r e te r m * f o r o n e m o n t h u n i u p w a r d a r e f o r • s ta n d ln x o a r d * . ) and
$600.
Carbon County, Pa,—This county will issue bonds for
v h e p u r p o s e o l tills M a te a n d C ity D e p a r t m e n t
t* to furnish our subscribers with a weekly addition to and about $15,000. The loan will bear interest at the rate of 4
per cent, payable semi-annually, in April and 9otober, and
continuation of the State and City S upplement. In other will be redeemable in from 12 to 15 years.
words, with the new facta we shall g iv e , the amplification* j The county’s indebtedness consists of $2,000 of non-interest
»o.i correction* we shall publish, and the municipal laws we bearing bonds; $88,000 of 4 per cent court house bonds, is­
ibalt analyze in the “ State and City Department,” we expect sued in 1893; $34,250 of additional court house bonds, issued
in 1894, and a temporary loan of $10,000; total $184,250.
to bring down weekly the information contained in the
Coluiubu*. I nil.—Water-works extension bonds to the
State and City Supplement to as near the current date as amount of $15,000 have recently been disposed of;
possible. Hence every Subscriber will at all time* possess a
Corunna, Mich.—A vote will be taken September 21 oa
complete and fresh cyclopedia of information respecting issuing $80,000 of water-works bonds.
Municipal Debts.
District of Columbia.—Go Sept. 17, 1893, the District of
Columbia sold $27,000 of 3-63 per cent registered bonds w
Forged Bonds of Lyons, ill.—It has been reported this j Harvey Fisk & Son* of New York at 112 50 fiat. This was the
week that three bond* for 11,000 each, purporting to have only bid received, The securities are dated August l, 1895,
been issued by the School Board of Lyons, 111., have been pro- j Edmund* Conoty, 8, Dakota.—Proposals will be received
Oct. 8 bv George C. Meadows, County Auditor, for the
nounced forgeries. The bonds are held by the Seward Na­ until
purchase of $18,000 of funding bonds. The loan will bear in­
tional Bank, of Seward, Neb., as security for a loan, and it terest at the raw of 8 per cent and run 10 years,
was upon their inquiry that the discovery of the fraud was
Everett. » ass.—Proposals will be received until Sept. 84
made. This is the second time that forged school bonds of for tbe purchase of $2-5,000 of sinking fund bonds. The secu­
the town of Lyons have come to light. About two years ago rities are dated July 1, 1893, bear interest at the rate of 4 per
similar securities for $3,000 held by the First National Bank cent and mature in 30 years.
Far ftockaway, 8 , Y.—The Board of Trustees of the village
of Chicago were found to be bogus.
of Far R 'ckaway are entertaining the proposition to increase
the assessed valuation of the village from *800,000 to $2,400,Suggestions Regarding Municipal Bond I sane*.-The 000. This step is proposed for the purpose of facilitating the
United States Mortgage Sc Trust Co. of New York have issued sale of sewer bonds to the amount of $75,000, wliteh were re­
voted. The present assessment is only about 10 per
a small pamphlet containing valuable suggestions regarding cently
cent of actual value.
the issuance of m u n ic ip a l securities a n d urging the im p o rta n c e | Ferrns Fall*. Minn.—An election held September Ton issu­
of surrounding them with every safeguard against fraud and ing $25,000 of electric-light bonds resulted in favor of the
forgery. It is estimated that more than §123,000,000 of mu- j proposition.
atcipa! securities are issued every year in the United States ! Forest (irore, Oreg.—A vote taken on issuing $30,000 of
and the present total issue is approximately $1,641.693,900, j water-work* bonds resulted in favor of the proposition.
The high public credit in this country has established for ; b ra n t City. Mo.—Five per cent 10-20-year water works
of this city to the amount of $-1,009 will soon be fenu-d.
these bonds an exceedingly low interest rate, and has made! bonds
The city ha* at present only a floating debt of $700, It* as­
them a favorite investment for the most conservative pur­ sessed valuation for 1894, which is turee-fourths of actual
chasers, savings banks, insurance companies, execu­ value, was $274,680: total tax <per $1,000) $13-00. The popula­
tor* and trustees being among the heaviest inventors. tion, according to local estimate, is i.OOd,
Hempstead. X, Y,—It i* reported that on .Sept, 19 this vilThe time for adopting better method* of protection to both
sold $42,000 of 1 per cent gold water bonds, maturing at
the community issuing its bonds and the investor buying i lage
tbs rate of $2,000 yearly from Jan. 1, 1903 to 193-3, to Daniel
them -sews to be ripe. The United States Mortgage & Trust A, Moran & Co., of New York, at 101*10.
Company is prepared to arrange for the engraving of bond#
Houston. Texas.—An election will be held to-day to vote
in she best poestbie manner, and. for “-curing high legal op in- j on issuing $590,000 of bond* for paving and improving the
ion to be endorsed thereon. The system suggested bv the streets. The maturity of the bonds will hot exceed 40 year#
and they are to be issued in amounts not to exceed $200,040 in
company would assure the counter signature of securities by j any period of twelve months.
a responsible tru st com pany, a convenient place of registration
Idaho County, Idaho.—Proposal,* will be received until
in the d u el financial city of the country, a certificate of Oct, tO. 1895 by A. W. Taifcington, Clerk of Board of County
legality by eminent counsel and the advantages of a payment C mimi—ioniTs, for the purchase of $71,500 of 10-20 year
of Interest in New York, Such bonds would be likely to t bonds. No bond* have heretofore been issued by this county."
Kentliind. Ind.—Proposals w ill be received until to - la y for
command a better interest rate and i»- a more popular and
the purchase of $6,000 of water-works bonds.
readily salable security, and w ould soon receive favorable
ftoganspart, Ind.—Proposals will be received until Oct, 8,
discrim ination f r o m investor*.
1895. by John B. Winters, City Clerk, for the purchase of
$285,000 of 1 per cent funding bond*. The securities will be
Wlist om and Fair Karen, Wash,—The cities of Whatcom dated Nov, l, 1893, interest will be payable semi-annually, and
Aid fair If iv-o. will vote to-day on consolidation. An uau- the principal Will mature Nov. 1, 1915, with an option of call
Nov, l, isos, or at the maturity of any interest coupon p irsnally large number of voter* have registered in both places. Snient thereafter, both principal and interest to be payable at

8

tj*t *

* wd C ity Jte fM tT W * irr.[

THE CHRONICLE.

528

[ Vol,

LX I

the banking house of WiDelow, Lanier & Co.. New York. The
Massachusetts.—Propostls will oo rvc-ived until September
loan will be issued to refund SI60.000 of water-works funding 25, 1895, by State Treasurer E. P. Shaw for the purchase of
bonds and $75,000 of L C. & S. W. R.R. funding bonds.
per cent “Metropolitan Water Loan” bonds.
A statement of the city’s financial condition on May 1,1895, $5,000,000 of
The securities will be dated July 1, 1895, interest will be pay­
is given below:
1 H ANS—
Amount. Total debt-May 1. 1895 $363,052 able semi-annually on January 1 and July 1, and the princi­
32,597
Water-works f d ’gbrts.sMen.uuO 00 Cash on band.................
pal will mature July 1,1935. Both interest and principal will
330,465
U C. A S.W. f i f e bds- 75,000 00 Net debt May 1, 1 8 95..
Tax
valuation
1894
..
.
7,993,940
Water works Imp. bds. 15,000 00
be
payable in srold coin or its equivalent.
Real valuation (e s t.)...12,000.000

Water works certifs...
School bonds ..............
Pratt charitable fund.
City
orders -outstand'g
IT UiUti"
--------

2d,000 00
60,000 00 Population in 1890 was . . . 13.328
5.000 00 Population iu 1880 was . . . 11,198
~38,052
' ---- 23 Population 1895 (esc.)....... 17,500

The S ta te T re a su r e rs a d v e rtise m e n t w ill he f o u n d elsew h ere
in th is D e p a rtm e n t.

McKeesport,, P a.—City Comptroller G. B. Her wick has given
notice that $21,000 of city water bonds of the issue of 1884
numbered from 5 to 25, both inclusive, will be redeemed by
the Sinking Fund Commissioners on or after September 30,
1895. Interest on the securities will ceass on the date named.
Medfonl, Mass.—On September 13, 1893, the City of Med­
ford sold $185,000 of 4 per cent sewerage bonds to E. H. Rol­
lins & Sons at 107-09 and accrued interest. The securities are
dated August 1, 1895, interest will be payable semi-annually
on February 1 and August 1, and the principal will mature at
the rate of $20,000 yearly from Aug. 1. 1916 to 1919 : $25,000
yearly from Au. 1, 1920 to 1922, and $30,000 on Aug. i , 1923,
Four bids were received for the loan as follows:

The $20,000 of water-works certificates are payable from tbe
net earnings of the water-works only and are in nowise a
charge against the general fund of one city. These certificates
w e r e originally $37,000 and fall due $6,000 aonuallv. Princi­
pal and interest has always been pai l promptly when due,
the last of which is payable Oct. 1, 1898.
The $15,000 of water-works improvement bonds was origin­
ally $20,000. Principal and interest are provided for by a
special levy of eight cents on each $100 valuation, and the last
of these bonds will fall due and be redeemed Dec. 1, 1897.
The Pratt charitable fund mentioned in this statement was
bequeathed to the city by the late U. S. Senator Daniel D.
Pratt, and is a debt that the city is only obligated to pay the
interest on, amounting to $300 annually, to certain charitable
institutions of the city.
Lorain, Ohio.—On Sept. 14, 1895, the village of Lorain sold
$25,000 of 5 per cent Black River improvement bonds dated
Sept. 15, 1894, and maturing at the rate of $5,000 each year
commencing Sept. 15, 1924, and $25,000 of 5 per cent water­
works extension bonds dated Aug. 24, 1895, and redeemable
Aug. 24, 1915, for $51,000. Interest on both loans is payable
semi-annually, tbe bonds to be payable at tbe Chase Na­
tional Bank, New York.
Louisville. Ohio.—Proposals will be received until Sept. 30
for tbe purchase of $204,000 of 4 per cent 20-year refunding
bonds.
Mansfield, Ohio.—Water-works extension bonds of Mans­
field to the amount of $20,000 have been voted.
N E W

N E W

L O A N S .

R .H . Rollins & Sons, B oston ............................................................... 107 '09
Blake Brothers & Co , Boston ............................................................ 105-03
R. L. Day & Co., Boston....... ................................................................ 106-589
Brewster, Cobb & Estabrook, Boston ..... ........................................104-79

Montevideo, ttinu.—Water-works bonds to the amount of
$5,000 have been voted.
New fo rk State.—There will be submitted to the people of
New York State at the general election to be held in Novem­
ber the proposition to issue boads of the State to the amount
of nine millions of dollars for the purpose of enlarging and
improving the Erie Canal, the Champlain Canal and the
Oswego Canal.
North Dakota.—Proposals will be received until October
10 for the purchase of $38,000 of refunding bonds, the loan
to bear interest at the rate of 4 per cent and to run 20 years.
L O A N S .

N E W

L O A N S .

Investment Bonds

$ 5 , 0 0 0 , 0 0 0

State of Massachusetts M U N IC IP A L
3K PER C E N T

BONDS

FOR INVESTMENT.

METROPOLITAN WATER LOAN

FOR

N e w

Y ork

S a v i n g s

a n d
L IS T

SE N T

B a n k s

T r u ste e s.
UPO N

A P P L IC A T IO N .

M EM BERS OF BOSTON A N D N E W YORK
STOCK EX CH ANG E.

B O N D S .
P A R T IC U L A R S
Sealed proposals for tb e purchase o f B onds o f th e
“ M etropolitan W ater L o a n ” for five m illion dollars
($ 5 ,000, 000) w ill be received at th is office u n til 12
o ’clock noon, on W ednesday, Septem ber 25, 1895, at
which tim e th ey will b e publicly opened and read.
T h is Loan will be issued in Coupon B onds of SI,000
each, dated July 1st, 1895, payable July 1st, 1935, with
in terest a t th e rate o f th ree and o n e-h a lf per cen t
per annum, payable sem i-annually on th e first days
o f January aud Ju ly in each year.
Principal and in terest w ill be paid in Gold Coin o f
tb e U nited S tates o f Am erica, or its eq u ivalen t, at
th e office o f th e Treasurer o f th e Com m onwealth in
B oston.
T h e ‘‘ M etropolitan W ater L oan ” is authorized by
Chapter 188 o f th e A cts o f 1895.
T b e right is reserved to reject any and all propos­
als.
E. P . SHAW ,
Treasurer and Receiver-G eneral.

UPON A P P L I C A T I O N .

R .

L .

D A Y

&

C O .,

40 W A T E R ST R E E T , BOSTON.
7 N A S S A U STREE T, N E W YORK.

LUMBERS OF THE NEW YORK AND BOSTON
STOCK EXCHANGES.

B O N D S.

DEALERS IN COMMERCIAL PAPER.

—

i

Municipal, County and State Bonds

Blake Brothers & Co.,
98
5

STATE
NASSAU

F o r In v e sto r s , T r u s t F u n d s and S a v i n g s
(B ank s.
FOR SALE B Y

S T R E E T ,! jB O ST O N .
ST .,

NEW

YORK.

R u d o lp h

K leyb olte

&

C o J

IINVESTM ENT B A N K E R S ,

CINCINNATI, O,
D escriptive L ists M a iled oa A pplication

M U N I C I P A L

B O N D

M U N IC IP A L

BONDS.

L I S T

ON A P P L I C A T I O N .

E. C. Stanwood & Co.,

N. W. H A R R IS & CO.,

b a n k e r s

,

September Investments.
C i t y o f I t h a c a , N. Y . , G o l d ............................... 4 S
C i t y o f B r o o k l y n , N. Y . , W a r d N o . 3 0 . . ...5s
S t a t e o f F l o r i d a G o l d ........................................... gg.
S t a t e o f I d a h o ..........................................................
V i l l a g e o f C o r n w a l l , N . Y ............................... 5 S
V i l l a a e o f W h i t e P l a i n s , N . Y ........................
PA R T IC U L A R S U PO N A P

BA NK ERS,

15 W ALL STREET,

-

NEW YORK.

121 Devonshire S treet,
M UNICIPAL

AND

R A IL R O A D

A nd n il L o c n l S e c u r i t i e s B o u g h t a n d S o l d .

1

W. E. R. SM ITH,

BROAD STREET,

-

NEW YORK

&

STREET,

B A N K E R S.

6 2 Cedar Street,
A R P

A Y T T Q selec ted w a sh l o
INGTON S T A T E
COUNTA, CITY A N D SCHOOL.

JN O . P . D O R K

&

C O ., S e a tt le , W a s l i.

NEW YORK.

James N . Brown & C o.,

L I S T S S E N T U PO N A P P L I C A T I O N .
W
’'

S c h le s in g e r ,

BANKERS,
WALL

BO STO N.

B O N D S

NEW YORK, BROOKLYN AND JER
SEY CITY BONDS A SPECIALTY.

W h a n n

___-

NEW Y O R K .

M U N IC IPA L , COUNTY, SCHOOL A N D
T O W N S H l” BONDS

BOUGHT

AND

SOLD,

THE CHRONICLE.

SEPTEMBER 21, IStfO.]

Oxford, Iowa.—The people of this town hare voted to issue
$8,000 of bonds for water-works.
Pinna, Ohio.—Six bids were received on Sept. 16 for the
purchase of $30,000 of 5 per cent 1 to 9 year street improve­
ment bonds, and the loan was awarded to the German-American Investment Company of New York at 103‘8I.
Rome, X. V,—The people of Rome will vote Sept. 30 on
issuing $240,000 of sewer ootids.
Santa B onita, * a lif.—five per cent sew r bonds of this
municipality to the amount oi $40,000 have recently been
voted. Interest will be payable semi-annually in January and
July, at New York, and the loan will mature at the rate of
one-fortieth yearly.
Santa Monica has at present no debt of any kind. Its as­
sessed valuation for 1895, which is one-third of ae.ual value,
is #1,800,000; total tax (per $1,000), 529 50. The population ac­
cording to local figures is 2.7O0,
Slee|,j Ere Independent School liiatfict No. 24. Minn.—
Bonds to ttie amount of $20,000 have recently been voted to
complete the new school building.
.Sturgis, S. l»ak.—Seven per cent 15-year court-house and
jail bonds of Sturgis to the amount of $7,000 have been re­
cently aw aided to the contractor.
Syracuse, N. Y.—Proposals will be received until Sept. 30
for the purchase of $300,000 of water works bonds, the loan
to bear inters-: at the tate of 3)> per cent.
Taunton, Maes.—An official report to the Ctfrtostot.s gives
the follow mg list of bids received on September It for the
purchase of $7,125 of 10-year sewer bones, *7,000 of 20-yeir
sewer bonus and $6,"00 of 10-year bridge bonds. The securi­
ties were all awarded to R, L, Day A Co.

529

Farson. Leach & Co. also bid for $14,12.5 at 104T35 and $6,000
at 103-855.
The securities are dated June 1, 1895, and interest at the
rate of 4 per cent is payable semi-annually in June and De­
cember at the Atlas National Bank or at the office of the CityTreasurer. Payment of principal and interest is secured bysinking fund.
Turner, III.—The people of this municipality will vote
October 15 on constructing water-works at an estimated cost
of $10,000, for which purpose bonds will probaoly be issued.

Washington.—The following report of a decision of the
Washington Supreme Court in opposition to the issuance of
State bonds for $1,500,000 is taken trom the S eattle P o st a n d
Intelligencer. ■■The Supreme Court has denied the applica­
tion for a writ of mandamus in the case of Attorney-General
Jones against the State Board of Finance, consisting of the
Governor, Auditor and Treasurer. This was an application
tor a writ to compel the board to issue bonds of the State to
an amount aggregating more than $1,500,000, and to cause
the same to be sold for the purpose of funding outstanding
warrants drawn on the general milirary and tide land funds
pursuant to the act of the last Lrgi-lature. The constitution­
ality of this enactment is a-sailed upon many grounds, onlyone of w hich the Supreme Court notices, as its determination
disposes of the case. The authority conferred by the act is to
issue and sell bonds, and, conceding that it is fairly to be in­
ferred that the funds realized from the sale shall be applied
to the payment of the preset r indent! dness of the State, it is
apparent that after ,-aui bonds are sold and until the proceeds
are applied, the indebtedness «,f the State would be increased
more than $l,5Ot'.0U0, t.r to an amount beyond the limit of in­
debtedness fixed by tbe Cot stint ion. Nor is it a sufficient
answer, in the opinion of ihe Supreme Court, to say that it
must be presumed that officer- intrusted to carry out the
Hid rt-r
But t r provisions of the act will fully discharge their duties and that
$13.1*5
*7,11.O
X6yr.bnn.tU. 20- je. or,nils the pr, sent indebtedness of the state will be extinguished by
H L. Pay * Co......................................... 103 5«7
106-527 the proceeds o f'th e bonds, ai d ultimately the indebtedness
Blake Brother-4: C-i.................................. 102-135
104. 1
will tie r- dueed to its present limit.
JE k X . B a f f i n * * S o n s . . . ......................................— W i l l
n «;-2 0
*• The Supreme Court fully coincides with the opinion ex­
BlndKet. Merritt « C«................................ 102-17
Illi cit
W. i . Baxes * son*.................................. ................ 10*03---------- pressed in Dow township vs. Cummins, 142 D. S., 366, that if

N EW LOANS

__

CHICAGO.

F IN A N C IA L .
N ew

Municipal

Loeb & Gatzert,

L oans

M U N IC IP A L

MORTGAGE BANKERS,

BO N D S.

7 0 ,0 0 0 T o w n o f C o r t l a n d v i l l « , N . Y. t 1 0 0 )0 0 0 C ity o f D m

-

M o in e s , I o w a . . . I s

1 0 0 .0 0 0 C it y o f P a t e r s o n , N . J —

Street, Wykes & Co.,
*4 WALL STHtKT.

5EWYIIKK.

High-Grade

CHI CAGO.

t>S Hlgh’-Ctm*

U*t <mrnppMcmm*&,
SPRAIN, DICE IN SON k €0.* Bankers,
10
gertei,
Tort.

W. J. Hayes & Sons,
HANK KHS,
Deafen in MUNICIPAL BONDS,
e t r e e e R a ilw a y B e n d * . a n d e t f e a O M f e * r » e » la n i m »ri t b

C le v e la n d , O hio,
3 1 1 - 4 1 3 Wnpwrlar St

CUAt#4Unw ~KKSSKltt.'

M ORTGAGE LOANS
ns i

S7IIT II

A

YORK

v f .r i t t

& N E W

A fl-E C IA L T T

MUNICIPAL BONDS
84 N A S S A U S T R U R T

HOLMES & CO.,
01 B r o a d w a y , S e w
M EM BERS

or

YerV .

T H E ,V. V*. S T O C K E X C H A R G E

R e c e iv e A w m s t j a n d H e p ,- i t * o f f i r m , . I m liv i d n a ! . , >-!■ . a n d a llo w I n te r e s t o n d a il y b a l a n c e ,.
B a y a n d n e tt f o r e **« o r c a r r y o n m a r g in n t I n m a n
r a t e * o f i n t e r e s t o n t h e N ew T o r t . P h ila d e lp h i a ,

Boston and Chlcasn block ■ktbangea, Stock*. Bond*,

GEORGIA MORTGAGE LOANS.
SOUTHERN LOAN AND TRUST COMPANY CK
MACON, OA.
J. B. SCHOFIELD. Free.
H. M. SMITH. Se-.
F. 0 . SCHOFIELD, Treasurer,

C O ,.

,

10 W A L L ST,

K W I t t M l JS*CtS* I * T H E S T A T T * O F

N E W

A. 0. 8LACOUTKU, Member N. T. Stoek KzcUanx-e
WM. V. BAKER. MemberCble«o Sox* Rxohange

A. O. Slaughter & Co.,
113-117 L A 8 A L 1 .K (S T R E E T .

C H IC A G O , IL L S ,

B O N D S r iS L m ™ atn0
CITY, MASON, LEWIS A CO. Banker*
COUNTY
171 LA SALLE STREET,
SCHOOL m ® ro» lists.
CHICAGO

A. G. Becker & Co.,
(Dt COStPOMATSU)

C O M M ER CIA L P A P ER
154 La Salle St., Chicago, 111.

Jamieson & Co..
ST O C K S— B O N D S ,
M e m b e rs N ew F o r k a n d C h ic a g o S to c k K x o u

1*7
o r H in d e r

f t . t l ANTONIO . T E X A S ,
B en w e ll &
E
-r b r r m e r h a r i, Hni l dl xg.

COBftSaPONDKNC* BOUNITED.

B A N K E R * .

BRANCH OFFICE: HOFFMAN' HOUSE.

taiereat 7 Per Cent Net.
C O M M IS S IO N S ch*nr*?d b o n r m m
m eM i lm e m
vw vm m m & L

•mproved end Income baartan cV.caen ci;r property.
P rin cip a l and la te r e n t p a r a b le in G eld .

C h tcaee S o c u r llle , Hough! a n d Hold,

d r a i n , C o tt o n , e t c .

TEXAS.

F R iN C I *

a W i l t S T ., !*. V,

S T R E E T , C H IC A G O

n n t H o i D i u m f o r o d e m l a r g e a n d e m a il a m o u n t !
< w -« to r l a r e m t o * ft.
u 4 8 p e r o e n t, e e c n r e d b y

m

i&r p w m m m i \ m m m tm i,

HO

Co.,

W. N. Coler & Co,,

BONDS,

BOSTON, MASS..JICbaMe Plaee.

Be

LA H U E

BAN K ERS,

a n d s t a t ic

PAYING HIGH RATES of INTEREST
W« mmkm. m

A JjS

l ^ a l l |M » r tle * * !» r # o l t h # n b o t p « » d I! m
©tt*f*r b o n d * a l t e r e d o a a e p l l c a t i o t i .

Farson, Leach
c r r r ,'.« o « sT Y

lit

8190.000 City or Elmira. X. Y.......

JE R SE Y

TM» com pany make* a specialty o f hand lin g a Hi
. M toau n u r o f tho beet B ee-year m om m a* lo a n ,
afforded
e m u m a a ltr . liotna o n ly a eaialt

bo«.: »»* In this line, we can , elect trie : —t. Loan,
, roared by t™«ine*« property net the Inreetor tit
percent, r«etdenee, eerren per cent. Principal an
fntereet payable at the Merchant,' Exchange N.
Ilona) Bank, New Tork. Correspondence eoiicurd.

R E A R BO RK S T R E E T .
C k lo a te . 11I«.

Prtyat* wire to New York and Philadelphia.-

I. B. Thurman & Co.y
BANKERS,
8 2 3 ’K I M DM M K . C B I C A 6 0 . I L L .

H ighest G rade M u n icip al a n d R ailw ay
B onds Bought a n d Sold,

THE CHRONICLE.

530

the proceeds of the sale are used by municipal officers as di­
rected by the statute in paying off old debts the aggregate in­
debtedness will ultimately be reduced to the former limit, but
it is none the leas true that it has been increased in the interral, and unless those officers do their duty the increase will be
permanent. The act is plainly in conflict with the constitu­
tion, and the application is denied.”
Westwood, Ohio.—On September 16, 1895, this Tillage
sold $13,000 of 5 per cent sidewalk bonds dated Sent. 3, 1895,
and payable Sept. 3, 1935, for $13,600; $30,000 of 5 per cent
water-works bonds dated July 1, 1895. and payable July 1,
1915, for $20,836, and $4,438 60 of 6 per cent Beechwood Ave.
bonds dated Sept. 16, 1895, and payable at the rate of $443 86
yearly in from one to ten years at 11)5*27. The securities
were awarded to the Atlas National Bank of Cincinnati,
Ohio. Interest on the sidewalk and water-works bonds is
payable semi-annually and that on the Beechwood Ave. bondannually, both principal and interest of all the loans to be
payable at the Atlas National Bank, Cincinnati.
Other bids received for the securities were as follows; The
German National Bank of Cincinnati offered a premium of
$30*60 for the Beechwood Ave. bonds, $60 for the sidewalk
bonds and $95 for the water-works bonds; Dietz, Denison &
Prior of Cleveland offered 102*09 for the sidewalk bonds and
101*63 for the water works bonds; Seasongood & Mayer of
Cincinnati offered 105*25 for the Beechwood Ave. bonds,
106*55 for the sidewalk bonds and 105*35 for the water-works
bonds. In addition to these, seven proposals were received
which were informal, and which were not considered or read.
Willimantic, Conn.—It is reported that on Sept. 19, 1895,
this city sold $100,000 of 4 per cent coupon bonds to the Ger­
man American Ameiican Investment Company at 108*47
The securities are to be dated October 1, 1895, interest will be
payable semi-annually on April 1 and October 1, and the
principal will mature October 1, 1925, with an option of call
after October 1, 1910.
Yonkers, N. Y.—It is reported that $60,000 of 4 per cent
water-works bonds of Y onkers have been sold to N. W, Har­
ris & Co. at 107*57.
M I S C E L L A N E O U S .

|V ol . LAI.

S T A T E AND C IT Y D E B T C H A N G ES.
We subjoin reports as to municipal debts received since
t h e la st publication of our S t a t e a n d C it y S u p p l e m e n t
Some of thtse reports are wholly new and others cover items
of information additional to those given in the S u p p l e m e n t
and of interest to investors.
Berks County, P a.—Below is a statement of the financial
condition of this county, which has been taken from a specia
report to the C h r o n ic l e .
County seat is Reading.
Total valuation 1 8 9 5 .........$94,000
County lias no bonded debt.
6*00
Floating debt Sept. 15,’95.$54,000 Total ta x (per $ 1,000).......
Tax valuation, rea l............ 78,000 Population in 1890 w a s.. .137,327
Tax valuation, p erso n a l... 16,000 Population in 1895 (est.) .-148,000

Knox County, Ind.—A special report to the C h r o n ic l e
from A. M. Yelton, Clerk, gives the following data concern­
ing the financial condition of Knox County on September 1,
1895. County seat is Vincennes.
When Due. Total debt Sept. 1, '95... $53,000
„ LOANS-

General pu r po se sT ax valuation 1895___15,000,000
5s, M&S, $50,000.....................1904
State& Co. tax (per $1,000)..$7*80
Bonded debt Sept. 1, *95..$50,000 Population in 1890 w a s___28,044
Floating debt....................... 3,000 Population in 1895 (e s t .)...36,000
I NTERES T is payable at tbe H anover National Bank, N ew York.

Yakima County, Wash.—F. 0 . Hall, Auditor. Below is a
statement of the financial condition of this county, which has
been corrected to July 1, 1895.
County seat is North Yakima.
LOANS—
When Due. T otal debt Ju ly 1 ,1 8 9 5 .. $233,689
C o u n t y * B o n d s — 1892.
d ^ s, Sept., $7 5 ,0 0 0 ..Sept. 1 ,1 9 1 2
Subject to call alter ten years.

Cask on band.....................
17,222
N et debt Ju ly 1 ,1 8 9 5 .... 216,467
Tax valuation, real......... 3,465,264
R e d e m p t io n B o n d s —1 8 8 8 .
T ax valuation, personal. 615,060
6s, J&J, $80,000. .Oct. 1 .1 9 0 8 Total valuation 1894 __ 4,080,344
Subject to call after ten years.
A ssessm ent about h) actual value.
Interest Is payable iu New York Total ta x (per $1,000)..........$19*09
and San Francisco.
Population in 1890 w a s___ 4,429
Bonded debt July 1, ’95..$ 1 5 5 ,0 0 0 Population in 1880 w a s___ 2,811
Floating d e b t ...................
78,689 Population 1895 (est.)......... 12,000

M I S C E L L A N E O U S .

F O R

M I S C E L L A N E O U S .

S A L E .

H A N D -B O O K

T R K

or

R a ilro a d

S e c u r itie s .

J U L Y , 1895.

F in a n c ia l R e v ie w .
C H R O N IC L E

VOLUM ES.

(ANNUAL.)

▲••eond-kand »et from 1880 to date in good order

1 8 9 5 .

P O O R ’S MANUAL

D E SC R IP TIO N ,
INCOM E,

A

COMPLETE SET.

Y e a r B o o k
OP

PR IC ES,

D IV ID E N D S ,

APPLY TO

FINANCIAL INFORMATION

W IL L IA M B . D A N A C O M P A N Y ,

275 P A G E S .

F O R A SE R IE S! OF Y E A R S .

76J4 P IN E S T R E E T , NEW Y O R K .

CO NTENTS.

B o u n d in r e d c l o t h , ...............................
A

D e s c r ip tio n
o f
It I t . s to c k s
and
B o n d s and a Statement of the I ncome

for a series of years past, as w ell as tbe an
nual ebarges against income.

L itte ll’s L iv in g A g e

O B S E R V E ! T h e Living: A ge is a W e e k ly
M a g a zin e giving flfty-tw o numbers o f six ty -fo u r
M o n t h ly H ig h e s t a n d L o w e s t P r ic e s
pages each, or m ore than T h ree and a Q u arter
of R ailroad B onds and Stocks in N ew
T h ou san d d ouble-colum n octavo p ages o f reading
York , B oston, P hiladelphia and B alti­
m atter, yearly, form ing tou r la rg e v o lu m e s filled
more for a year past
w ith th e ripest th o u g h t o f
R a n g e In P r i c e s o f A c t i v e S t o c k s —
The Ablest Minds of the Age.
Being date of highest and low est price
It g iv e s In con ven ien t form a com p lete com pila­
made In 1 8 9 2 ,1 8 9 3 and 1894, and to July 1,
tio n o f th e w orld’s ch o icest literature; E n cyclopedic
1895.
D i v i d e n d s o n R a i l r o a d S t o c k s paid dur­
ing eaob of tbe years 1889 to 1894 inclusive,
and to Ju ly 1 ,1 8 9 5 .
It Is Issued to B a n k e r s and B rok ers w ith
th e ir b u sin ess cnrds letter ed iu g ilt on th e
o u tsid e co v er (not lo ss than 2.Y co p ies to
on e address) at d iscou n t r a te s, accord in g to
q u an tity ordered.
(Issued -em 1-Annual!y by tbe Publishers oi tbe
Co m m er c ia l & F in a n c i a l Ch r o n ic l e .)

B r ic e i n L i g h t L e a t h e r C o v e r s, $ 1 0 0 .
T o S u b s c r ib e r s o f t h e C h r o n ic le ,
75,
W m . B . D A N A
T B 1® P i n e S t i e e 7

C O M P A N Y ,
N E W

Y O R K .

in its Scope, Character, C om preh en siven ess and
C om pleteness, selected from th e v a s t and varied
field of

F o r e ig n P e r i o d i c a l L i t e r a t u r e .
P u b lish ed W e e k ly

at

S S .0 0 P er Y e a r ,

( Free o f Postage*)

Specim en copies o f T h e L iv in g a g e , 15 cen ts each.
S3STKates for clubbing T h e L iv in g a g e w ith oth er
periodicals w ill be sen t on application. A ddress.

$ 3 OO

To O r ^ u lc le S u b scrib ers, - - - - - 1 5 0

W M . B . DA N A C O M PA N Y ,
^ tJ k
P i n e S t ., f o r .

S

p e c ia l

xHEkS,
P e a r l S t ., IVew Y o r k .

J J il e

(~)o v e r

—FOR—

f ) llli0 S IC Ii:

S UPPLEM ENT8

Can be had at ollice for 6 5 centsTor
mai l e d for SO cen ts.

WILLIAM B. DANA COMPANY,
Pi ne A freet, N ew Y ork

L I T T E L L & CO.. Boston.

Fred. M. Smith,
7 0 SO U TH S T R E E T ,

AUBURN, NEW YORK,
Makes specialty of Bank Stocks, M unicipal and
Water Bonds f n d fo r
s Solicited Inform atioa

Atlantic Mutual Insurance Scrio
BOUGHT AND SOLD.

A U G U S T I N F L O Y D . 3 2 P i n e S t., N . Y