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Quotation -Supplement (Monthly) Street RailwaySupplement (Quar^)
Investors Supplement (Quarterly) State and City Supplement (*»Annuai$
( E a ^ r e . l A o o o r iln j* t o A .c t o f C o a ^ r w n , l a t h e y e a r 1 + 3 6 , b y th e W
il l ia m
B. D
ana
Oo m
C lea rin g * a t —
rerun of Subscription—Payable in A4ranee:
For One V eer
...................
—
............
f
F o r S i x M o n t h * .......................................................................... ..
E u r o p e a n S u b s c r i p t i o n ( i n c l u d i n g p n o t a g e i .............................
E a r o p e a n S a b c c r l p t l o n S i x M o n t h s U n e lu d in g p o s t a g e ) .
A n n u a l S u b s c r i p t i o n i n L o n d o n ( i n c l u d in g p o s t a g e ) . . . . S
S lx M o s .
do.
do.
do.
....S
10 00
6 00
12 00
7 00
3 10s.
I 10a.
T h e I s r r n e T o * * ’ S o p p l e w e x t w i ll b e f u r n is h e d w it h o u t e x t r a c h a r g e
t o e v e r y a n n u a l s u b s c r ib e r o f th e C o u m e e c i a l a x d F i x a x c i a l
On s n s u .
T h e S t a t e a x d C i t t S o p p l e e e x t w ill a l s o b e f u r n is h e d w it h o u t
e x tr a ch a r g e to e v e r y s u b s c r ib e r o f th e C u r o x i c l e .
T h e S t e e e t K a i l w a t S c p p l e u e x t w ill lik e w is e b e f u r n is h e d w ith
o u t e x t r a c h a r g e t o e v e r y s u b s c r ib e r o f t h e C h e o x i c LE.
T h e Q o o t a t i o x S u p p l e * e x t . i s s a e d m o n t h l y , w ill a ls o b e f u r n is h e d
w it h o u t e x t r a c h a r g e t o e v e r y s u b s c r i b e r o f t h e C l l s o x i c L R .
F i l e c o v e r s a r e s o l d a t SO c e n t s e a c h ; p o s t a g e o n t h e s a m e Is 1 8
c e n t * . F i l e c o v e r f o r s u p p l e m e n t s c a n b e h a d a t o d lo c fo r 6 5 o e n t s o r
m a ile d to r 8 0 c e n ts .
Terms of Advertising—(P er Inch space).
0
S e w York................
Philadelphia.........
K<»cbeet«r...............
Total H id d lo ....
Boston............. ...
Prorldenee.............
New Haven.............
Kail H ir e r ..............
Total New B n e...
t i n e t i m e . . ™ ................................... S 3 5 0 I T h r e e M o n t h s
(1 3 t i m e * ) ..8 2 5 0 0
O n e M o n th
<4 t i m e * ) . . 1 1 0 0 8 i x M o n t h *
(2 6
“
> ..4 3 0 0
T w o M o n th *
(8
“
) . 1 8 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 t e r m s f o r o n e m o n t h a n d u p w a r d a r e t o r s t a n d i n g c a r d s .)
Detroit......................
London Agents:
M e s s r s . E o x a i m A B u r r a , 1 D r a p e r s ’ D a r d e n s , E . C ., w ill t a k e a u t to r ip tio n a a n d a d v e r tis e m e n ts , an d s u p p ly s in g le e o p le s o t th e p a p er
a t Is . each.
B .
I U V .1
C O U P A 8 V , P u b lis h e r s ,
P in e S tr e e t, C o r n e r o f P e a r l S tr e e t,
P
ost
O r n c i B ox 958.
N E W
Y O K K .
CL BARI NO HOUSE RETURNS.
ToL Mid. W eet’r*
T h e f o l l o w i n g t a b le , m a d e u p b y te l e g r a p h , e t c ., i n d i c a t e s
t h a t t h e t o t a l b a n k c le a r in g s o f a ll t h e c l e a r i n g h o u s e s
o f t h e U n ite d S t a te s f o r th e w e e k e n d in g t o - d a y . S e p t. 26.
h a v e b een 3983,783,195, a g a in s t jiM 7,.W ,8.3'5 la s t w e e k a n d
, 3 t 7 .8 i l t h e c o r r e s p o n d i n g w e e k o f la s t y e a r .
Halt Lake City........
1937
CLSARIXOS.
fUt%.rru b y 7elrg r.ip \ ,
fJsw T o r k . . . „ .............
B o s to n ...........................................
Philadelphia............. ............... ...
1V * k E n d in g S ep tem b er 20.
1896.
1895.
P er
c e a t-
• 498.903,039
72.123.031
37,460.333
CtllcaffO .................. ........ ..........
81. L o a n ............. ...........
K ew Orleans..............................
•395.994.139
63.49C .4U
43.993.999
9.599.331
38.395,707
J6.830.634
6,099.399
70,924,783
19.713.9S0
6,170.680
-1 5 -6
—12-1
—24 0
—3 0
-1 7 * 7
-1 6 -7
-1 -2
8eren otttes, 5 d a y s .........
O ther cities. 5 d a ys...............
9393.766.940
190.017.461
$703,231,293
130.742.341
-1 5 8
—8*2
Total all cities. 5 d a y s ....
• 718,764,40^
1 4 1 > 9 -.7 2 4
•835.974,630
161,341,208
-1 4 -fl
-1 2 0
Total al) cities for w e e k ..
•869,783,124
•997.3*. 7.M44
-1 4 2
T h e fu ll d e t a ils o f c le a r in g s f o r th e w e e k c o v e r e d b y th e
a b o v e s t a t e m e n t w ill b e g i v e n n e x t S a t u r d a y . W e c a n n o t ,
o f c o u r s e , fu r n is h t h e m t o - d a y . b a n k c le a r in g s b e in g m a d e
u p b y th e v a r io u s c l e a r i n g h o u s e s a t n o o n o n S a t u r d a y , a n d
h e n c e in th e a b o v e th e la s t t w e n t y - f o u r h o u r s o f th e week
h a v e t o b e i n a ll c a s e s e s t im a t e d , as w e g o t o p re ss F r id a y n ig h t.
O u r u su a l d e t a ile d fig u r e s f o r th e p r e v io u s w e e k , c o v e r i n g
t h e r e t u r n s f o r th e p e r io d e n d in g w it h S a t u r d a y n o o n . S e p t.
a r e g iv e n b e lo w , a n d w e a ls o p r e se n t t h e r e s u lts f o r th e
c o r r e s p o n d in g w e e k in 1895, 1894 a n d 1893. In c o m p a r is o n
w it h th e p r e c e d in g w e e k t h e r e is a n in c r e a s e in t h e a g g r e
g a t e e x c h a n g e s o f n e a r ly n in e t y -s e v e n m illio n d o lla r s , b u t
a t New Y o r k a lo n e t h e g a in is s i x t y -o n e m illio n s . C o n tr a s te d
w it h th e w e e k o f 1895 th e t o t a l f o r th e w h o le c o u n t r y s h o w s
a d e c r e a se o f 17-1 p e r c e n t . C o m p a r e d w it h t h e w e e k o f
1894 th e c u r r e n t r e tu r n s r e c o r d a n e x c e s s o f (Hi p e r c e n t a n d
th e in c r e a s e o v e r 1393 is 15-2 p e r c e n t . O u t s id e o f N e w Y o r k
th e
f r o m 1895 is 13 0 p e r c e n t . T h e d e c lin e f r o m
5 p e r c e n t , b u t m a k in g c o m p a r is o n w it h 1893
t h e g a in is s e e n t o b e 10-5 p e r c e n t .
19,
decrease
189-4 reaches 3
NO. 1,631.
TTwfc
(E d tc a m c le .
vn
, l a t h e otfloe o f t h e L i b r a r i a n o f C o n g r a t s .
S A T U R D A Y , SEPTE M B E R 26, 1896.
V O L 63.
W IL L I
pant
Total P a c l f l c ........
Hr. Pan!...................
Denver......................
Davenport................
Tot. other W est.
New Orleans............
Dallas.........................
Nashville................
W aco...................
Birmingham..........
Chattanoosa. .......
Total Southern.
1890.
1896.
ending Sept. 19.
P. C en t
t
1
491.071, S i
ais.i.oo.i* '
07.869.15
55.wco.72
12,331 55
15.300,10
13,863,74
4,1497,01
l.rtll.dV
1.094,98
M l* .31
1.464,04
833,0 4 1
1,018.12
759.10768,5 If
047.30
723.78*
27 4.*X>
33+00
M 4,225.61*
732.621,8lc
-20*
-1 7 —19
+ 91
-3 1
- 2"'
-1 0 a
—1+i
+0i
—lo-a
-1 7 '
—19 1
1394.
1893.
t
I
4*6.115.89* » 411,800,066
03.334.10
64.5SH.984
12,823,19*
9.027.273
14,081.86?
18,447,703
3.843,06"
3.712.930
1.502.971
1,175.814
1.224,92.*
1,171 325
M 1.33'
857,112
723.22"
741,391
070.153
8l0,7(Jt
214.800
571.84U.20f
497,314.781
76 470 TM
3,79i.7<X
2 166/95
1 313.5*3
L144.751
1.477.21*
1.236.59
709.47L
4 6.10
4*VUli
09.2OA9J?
90.910 50
4.271.40t
+90+03
1.021,14"
1,435,411
1,448,36)
1.284.52
7931,24
020.191
306.2*4
110.0fl Loan
—20
—111
+ 97
—lwt
—20*1
+2*t
- 3 ‘]
—lOfl
-9 0 1
+27*8
-18*9
78.069,025
4.714.8* <
L7« 0,67k
1.2*27.70.'
L I30.771
1.313,03
+209,3
040 127
675.UU*
338.721
91.086.300
70,192 604
3.940.000
1,705,985
1.152,113
1.1ST, 807
1.078.459
1,151.005
673.9:15
051.751
312.080
81,053,058
74.1*5 641
9.3/..HJ5V
5.008.07*
3,426,57(1
4.60.087
*,053 700
+82+237
+.i*il.w*i
1.101,313
710,993
3101,327
25+701
27w,|0t
21+097
iUH.Olf
186 275
I6O,fe0
5 0.656
107.UOi.07,
ea.08S.70K
i i ioa.oic
0.240,70]
0.4 01.1 L
5.253.008
4,32H.7«XI
1.498,261
1.761.111
1,313.73?
794.727
3.0.101
*71.880
272.890
300.769
180.8M
171.450
224.27©
—14 a
—1M(
-1 8 {
—16*2
—180*0
-2 9 1
8S.04t.S42
11.194.160
6.323.032
5.056.771
4.350.0U
2.923.00*
1,235.411
1,012,012
8n.234.545
10,763.300
4.737.099
3 938 226
3,6«3.S05
2.887,200
1,056,303
1.220.100
690,041
329.861
211.9*
244.361
292.927
177,« 2100*784
157.500
003,598
196324
220.000
loo.ooo
325,288
100,000
130,000
120,910
127.874 160
-n * 7
110.043,151
109,719,980
ILM 0.400
1.(641.057
074.(164
0I2.5U
510.47*
601.316
530.057
425 0O0
264.48H
60.624
10.077. *01*
13,807.013
+456.UOO
1.008.852
L«57,02l
757.835
531.649
624.869
389.200
227.546
02.893
19.930.277
+0*8
1S.3S3.833
1 193,850
1,217.017
760.967
012.283
184.030
403.350
2«2 *'60
229.192
1 8.121
17.823,019
1+260,082
085,510
ft*'5.107
002376
300.000
317.437
492.027
180.953
170 000
111,194
15.040.445
9.66 4.008
7.0*4.83M
3.0-21.las
4.24fl.*2)
2.114.999
6416 905
1.076.370
000,000
346 10<
17H.H03
266 747
410.04 4
54,477
68.4031
20JS«.«00
P.M«.4ftO
9.305.810
3.007,746
3.977.957
L 8 6,485
2.060,707
+475.000
►99,714
451.212
287.04I
902.533
469,68**
48.362
73.015
36,941,014
9,874.167
8,1*9 H02
4,113.407
3.411,213
2.69+827
7,068.034
6 538,000
4 879,491
2.088.136
1.849,449
—37*8
—15'6
-9*5
+ 1S7
-7 0
-10*9
1,300,206
LOI 1.4 13
522,416
417.47*
8.H >-83
432,947
67.1 PH
63.734
31,860,129
L113.O80
642.080
307.794
3H4.270
202,013
200.908
98.599
06,677
26.691.102
20.053.004
7.592.1 il
4.H4S4.701
3,34 8.300
11.900.000
3.714.099
1.979 9 H
1 71*31.0II
1.48 3.3 I t:
1,098,392
734.000
943.410
1,013.479
5H.1.S07
1 2MJ.G00
333.828
3^6.091
xao.pwvf
191.010
241.000
60.363,164
23.018,017
7,132.403
6.6*3.3* >9
3,000,407
2.048,111
2.332,022
2,157.Hl»J
LO0d,424
1.2* 1.9*4
1.084,198
7 48, ISO
800.070
602.248
>10.547
078.120
397.892
•483,639
3O0.000
234.007
218.000
64.3o7.nOO
-10*4
+ 0 ‘6
—11*9
+ 8 ’8
+47*3
+5+2
-8 *2
+08*2
+23*4
+1-3
—18
+ 9*7
+530
+ W '1
+*» 3
-1 5 7
+ 0*4
—23 o
-17*7
-:i S
+8*8
20.771.830
0,4OO.7M0
4 907.340
2.054.010
3,070.497
8.237 24*1
2.1)4.274
1,146.498
895 010
I.» 13.078
802.028
H20.190
710 392
013.328
583.137
980,111
17.548.769
6.361.007
4.382.705
2,024.027
2.000,867
2.460300
1.925.000
598.8**8
740.807
715.001
434,000
790.900
003.123
360,011
290,409
176.000
50.003.835
172.C81
1510.207
40.904.189
882.256 00?
770 089.506
+**V
—20'M
—9*t
-9 0
—5 9
—4 9
+1*V
-3 9 4
+0 3
—21*1
—32 U
-to r t
—3*4
—27 2
—31 9
-0 2
+21
+ 11 S
4-11*9
-19*6
+-O*0i
—2*2
—240
—21*9
+0*8
—24*0
—72*4
-2 7 1
-11*1
—M t>
60,100
Total a l l ..............
Outside N. York
887387,035 1,070.052.391
-17*1
390,616.809 ~465750«.402
-13*0 ~AO0.839.7i2 _ 3M,H 12.909
viontreal................
Toronto....................
Halifax......................
11.079.649
10.681.99’
fl.lSS./i-li
5 001.000
1,209.1* 7
LI 40.676
91*7 124
LU L U 'S
766.873
781 082
695.777
tu 0:4** 5 *hI - 20 W03 O'*
•Igm lllnti,........... .
Rt. John*...................
Total C a n a d a -------
• .No* in c lu d e d in t o t a l s .
10.190,786
4.9* 3.320
1.081.280
+81
12.097.597
4,74«.01O
1,099.014
900.000
071.220
—'*1
19.M8.047
17 491 711
-8 6
+9 2
-1 0 1
-tit n
716,420
THE CHROJV1CLE.
530
TH E
F IN A N C IA L
SITUATION.
The feature of general interest in business circles this
week has been the easier tone in the money market.
Last Saturday the bank statement showed a gain in
deposits for the first time since July 18, and though
not large this gain was encouraging ; another assuring
condition disclosed was the small number, only fifteen
out of the sixty-five banks, which were below the 25 per
cent of reserve to liabilities, and of these fifteen only
eight were national banks. On Tuesday time money
was ofEered at plain 6 per cent without any bonus, the
commission being only the usual brokers’ commissions,
and one of the large banks was in the market for
paper. Wednesday more banks were buying paper,
and Thursday and Friday the demand was still better,
rates for paper having dropped to 7 per cent for choice
endorsements, best single names being reported at 8
@ 9 per cent. As the week closes bankers also report
a lighter demand from the interior for currency, and
some Southern banks are repaying their loans. It is to
be said likewise that the Boston money market is
easier, and the banks in Chicago report a better feel
ing. Altogether, the outlook now is that if the politi
cal developments continue favorable, a further gradual
relaxation in rates may be expected.
Of course the tendency of money will be in some
measure influenced by the condition of business. The
reports the last three weeks, and especially the last
week, have been of a favorable character. It seems
that the New England cotton mills and the Pennsyl
vania iron mills are starting up again, and there is gen
erally a more cheerful feeling in mercantile and manu
facturing circles. We notice also that stock and bond
commission houses report a better inquiry from invest
ors. Sales of G-overnment securities likewise furnish
an indication of the more confident feeling. August
10 the coupon 4s of 1925 sold at l l l i , August 19 they
sold at 118, September 15 they sold at 115£ and this
week they have sold at 116f. These are all hopeful
facts. They show just what is evident at this center,
that the extreme restriction on enterprise which pre
vailed early in August and before that date, has been in
some measure relieved, and that considerably more busi
ness isboing done. A tthe same time, while this improved
and improving condition is evident, our industries are
as yet by no means in a normal state and cannot be until
after election. Even then to ensure permanency to
industrial revival not only must this Bryan Party be
defeated but the defeat must be overwhelming. T o
illustrate how partial up to this time the recovery in
the consumption of goods has been and to show under
what conditions the resumption of work by these
factories is undertaken, the stock of print cloths is
useful. Tuesc mills, as stated, are going to work again
now. On July 4 1896 the accumulated stock of print
cloths was 2,037,000 pieces, the largest ever held. On
August 22 it was still 2,035,000, notwithstanding the
contracted manufacture during the intervening weeks;
and by this week’ s report (for Sept. 19) it is 1,905,000
pieces against 204,000 pieces twelve months ago. Those
figures are encouraging but they are not satisfying.
We have no doubt got the Bryan Party on the run.
Y et even granting that, the work is not Ly any means
done. Tnere are a great many doubtful Stares still,
every one of which can be won by effort. Let us have
them all, and settle forever this question which has
been tormenting business classes more or less grievously
for fifteen years.
[V ol .
l x iii,
An advance in the Bank of England minimum rate
of discount to 3 per was announced Thursday. Oar
foreign exchange market has already, in part at least,
adjusted itself to the rise by firmer demand rates. It doe3
not, however, seem probable that gold imports will stop.
Our import trade is in such a low condition and ou r
export products are going out so freely that further gold
shipments from Europe seem necessary. What effect
the decided rise in the price of wheat will have is
not obvious. Up to the present time the export
grain movement has continued large. It is reported
that freight engagements have been made far into
December and January; that one million bushels of
grain is awaiting vessels at Galveston and that one
million more is on cars soon to arrive. San Francisco
also reports a good export demand. These large ship
ments of wheat added to a free cotton movement
promise a very considerable excess of merchandise ex
ports over imports in September.
G-old has continued up to this date to move hither
from Europe. The arrivals at this port this week have
been $4,075,000, namely $500,000 on Monday, $265,000
on Thursday and $3,310,000 on Friday. There was a con
signment of $500,000 received by Kidder, Peabody & Co.
at Boston on Tuesday. Wednesday $2,500,000 in sover
eigns arrived at San Francisco from Australia. As
previous reports have made no mention of engage
ments outside of
London and the Continent,
the $2,500,000 from Australia should be added
to
the
European
consignments,
making
thetotal from the
beginning
of
the
movement
$45,257,500, of which amount $34,911,550 have arrived,
leaving in transit yesterday $10,345,950. As a conse
quence of the arrivals of gold the Treasury situation is
now showing marked improvement.
The net gold
reported last Saturday was $115,795,907, while yester
day it had risen to $119,784,902. It seems likely that
by the end of the m onth the total will stand at
$125,000,000.
An interesting event of the week has been the sale
at foreclosure of the Philadelphia & Reading proper
ties— both those of the Railroad Company and those
of the Coal & Iron Company. O f course railroad
foreclosure sales have become quite common, and there
would be nothing especially significant about the pres
ent sale, in accordance with plans carefully matured
several months ago, except that up to the last some
persons persisted in saying that there would be no sale.
Perhaps the wish was father to the thought.
Daniel
Drew used to say “ what hez bin will be agin,” and
there are a great many who think that maxim a wise
ooe,
and
regulate
their acts in
accordance
with it.
The Reading was not foreclosed at
the last reorganization, hence there would be no
foreclosure this time— thus the argument ran.
To
give it a further air of plausibility, we were told that
the mortgage could not be foreclosed anyway, and even
if it could the reorganizers would not dare to foreclose,
since the Reading would in that event lose its valuable
charter.
A t first it was asserted that the committee
would never go to the length of asking for a
decree. The event having shown that this was
not so, it was then
contended that the de
cree wa3 simply a club to be used in forcing those
few holders who still remained outside to give their
adhesion to the reorganization plan. Even the day before
the sale this week these persons refused to believe that a
sale would be made. But the sale came o£E neverthe
less. Now the same doubting Tnomtsss feel sure th a t
S eptember 26, 1896.]
THE CHRONICLE.
it will never be attemp;ed to hive the sale confirmed*
and this despite the fact that application for confirma
tion of the sale was at once made and a day has already
been set for hearing the application.
We think it is safe to 3ay that the foreclosure will be
carried out in its entirety. The reorganizers could
not afford to adopt any other course. In defense
of the integrity and security of American rail
road mortgages it is necessary to show that in the
case of a property like the R fading the rights supposed
to be possessed by the mortgage bondholders can and
will be enforced. The step is also necessary to circum
vent those who hope to gain advantage for themselves
at the expense of the property or at the expense of
other security holders. It is doubtless part of human
nature that some persons should never feel satisfied un
less' they can secure better terms than their neigh
bors, or avoid making the concessions required of
others. But the scheme i3 not likely to work
in this instance. Not more than two or three per
cent of each class of securities, we are informed, re
mains undeposited, and there is not the remotest
chance that this small percentage will ba allowed to
gain any advantage or dictate terms to the rest. Nor,
we may feal asmred, will ths pripirty bs placed in a
position where it coaid be legally embarrassed by suits
which might be brought agaiast it by disgrunted hold
ers should foreclosure not be effected. In other words,
common prudence and common honesty require that
the foreclosure be carried out to the end. There could
be nothing gained by halting now except that the old
charter might be saved, and undoubtedly Messrs. J. P.
Morgan i. Co. had the loss of that charter in mind
when they stated last December, at the time the reor
ganization plan was promulgated, that in their estima
tion no serious difficulty stood in the way of a reorgani
zation by foreclosure.
It seems rather strange to find some of oar railroads
still issuing stock where the market price for the same is
down to a merely nominal figure. It was supposed that
that practice had fallen into permanent disuse with the
collapse of the Richmond Terminal Company, which
kept patting out new amounts of stock in that way up
to the very last. Yet among the listings on the Stock
Exchange this week we find $5,000,000 of new com
mon stock issued by the Wheeling & Lake Erie, in
creasing the amount of said common stock fifty per
cent—that is, from $10,000,000 to $15,000,000. The ap
plication to the Exchange says that this stock has been
issued to pay for new property and equipment whose to
tal cost will be $450,000, and it is added th »t tho amount
to be realized from the stock will be $50,000 less than
this snm. In other words, the $5,000,000 of stock
will bring $400,000, being thus sold at $3 a share.
Still more sarprisiog is it to find a company of the
character and standing of the Tennessee C>al & Iron
Company apply for the listing of $150,000 of treasury
common stock, and say that this small amount of stock
was sold “ for the purpose of increasing the working
capital of the company, made necessary bv the large ex
panse of its coal, coke, limestone, ore and pig iron pro
ductions, and snch sale has been approved by the Execn
tive Committee.*' The market price of Tennessee Coal
& Iron Company stock has recently improved, but even
nowstands at only 23. It can beretdily figured outhow
much “ working capital" $150,000 of stock at 23 would
yield a large company like the Tennessee Coal & Iron
Company. We must say that to n3 the operation
seems incomprehensible.
531
We give on another page to-day our review of thegross and net earniDga of United S tates railroads f o r
the month of July. A few early returns have already
been received for August, and we furnish below a fo u r year comparison o f them.
------- ----- August Bamino
1803.
1805.
1894.
*
9
?
201.515
187,601
238.883
06.055
85.580
70.9764
Net
30.256
80.828*
83.374
Georgia A Alabam a............
150
def.l.OOfr
1.305
Net
70.503
6-1,781
5 2.66T
74.104
25.424
17,752
def. 3,302
Net
20.713
350,932
401.020
403.S03
Nash. Chat. A St. L o u is....
302.653
181.740
120,400-184.323
Net
147.308
565.638
678.072
506,724
516.301
2-i5.SU
162,000190,360
Net
114,632
1,271.712
1.164.050
1,406,583
1,300.121
Puts. Cln. Clue. A SU L . . . .
530.757
375.303
Net
302,137
lift, 1 1
215.100
134.7 MO
05,2581
12 i.flU
Pitts. Young?. A Ash . . . .. .Grogs
30.30 »
Net
37.631
| f i Ofl ’■
07.6 i9
8t,83S
76.576
87.151
80.706
3an Fran. A No. P a c ..........
.30.988
4 <.217
Net
37.467
mm
1.492.075
1.8I7.71W
1.412.003
1.551.554
Southern R a ilw a y ..........
271.4HS
Net
4 20.000
465.335
134,441
135.410
155,884117.050
121.221
Summit Br. A Lykens Yal Oro»»
Net def.33.fl04 def.21.441 def. 12.031 def.38.S68*
ISfcfl.
S a m e o f ilo a d —
Allegheny Valley.................
4
212,830
85.C45
80.333
Partly due to the improved condition of the banks,
partly to the improvement in the Treasury situationand partly to the more encouraging political outlook,
money on call, representing bankers’ balances, has
loaned at 3 and at 6 per cent, averaging about 4J ; no
loans were made at above 5 percent after Monday. Re
newals have generally been at 5 psr cent, and th®
bulk of the businees has been at 44 to 5 per cent.
Banks and trust companies quote 6 per cent as the
minimum. As already stated, a decided change in the
time loan branch of tho market has also taken
place. All attempts to exact commissions in addi
tion to the rate of 6 per cent per ,annum wer®
abandoned after Tuesday, and the foreign bankers
were unable to make any contracts on a gold
note, so that the offerings have been chiefly confiaed to loans by domestic lenders. Brokers quote
the rates C to 7 per cent for five to six months on good
collateral. Ono of the banks reports loans made at 7
per cent for four months and another at G per cent for
the same time, the litter being on choice security,
while a six months loan on a little lower grade of col
lateral was made at 8 per cent. Tneae transac
tions fairly represent the business done by other
lenders. As already noted, there ha3 also been
more doing in commercial piper this week. Th®
early indications of ease led to some pressure of offer
ings, and therefore rates for paper have not fallen
materially, bat they a e now quoted at 7 per cent for
the choicest endorsements aud 8 to 9 for the best single
names. At least one of the trust companies and nearly
all the banks now in the market are baying paper for
the first time since Jnly.
Tne European political tension regarding Tarkey
has somewhat relaxed this week. Tne Emperor o f
Russia arrived in England on Tuesday and he is now
the guest of the Queen. It was reported on Wednes
day, on the authority of the London “ .Graphic’s 1*
Paris correspondent, that the French Minister of For
eign Affairs had begun negotiations to effect a speedy
settlement of the Turkish question by France, England
and Russia, but this report has not been confirmed.
Early in tho week it was stated that the Russian
Black See 11set had made preparations to move
toward the Bosphorus, and it was inferred that this
was intended as a warning to the other Powers not to
interfere in Turkey. The Bank of England minimum
rate of discount was advanced to 3 per cent on Thurs
day. The cable reports discounts of sixty to ninety
day bank bills in London 2£ per cont; the open market
rate at Paris is 2 per cent and at Berlin and Frankfort
THE CHRONICLE.
532
it is
per cent. According to our special cable
from London the Bank of England lost £990,944 bul
lion during the week and held at the close of the week
£41,155,409. Our correspondent further advises us
that the loss was due to the export of £1,141,000 (of
which £764,000 were to the United States, £240,000
to Egypt, £50,000 to Brazil and £87,000 sold in the
open market) and to £150,000 net received from the
interior of Great Britain.
The foreign exchange market opened easy on Mon
day, though not quotably lower, and no change was
made either in posted rates or in those for actual busi
ness. On Tuesday the tone wa3 weak in the absence of
demand and also because of offerings of commercial
hills, and Heidelbach, Ickelheimer & Oo. reduced the
long rate half a cent. Bates for actual business were
lowered, compared with Friday of last week, onequarter of a cent, to 4 81^@4 81| for sixty-day, 4 831®
A 83f for sight and 4 84@4 8 4i for cable transfers.
On Wednesday dearer discounts in London and an ex
pected advance in the Bank of England rate made
short sterling and cable transfers firmer, and rates for
actual business in these were advanced one-quarter of
a cent, to 4 8 3 f@ 4 84 for the former and 4 84^@4 84^
for the latter, while rates for long sterling remained
unchanged. On Thursday Heidelbach, Ickelheimer &
■Co. advanced both long and short rates half a cent,
while Lazard Freres moved the sight rate upward
half a cent, and the tone was dull and firm at the
•close. The only change in rates for actual business
was an advance of one-quarter of a cent in long ster
ling to 4 81|@4 81J. That the change in the Bank
rate had no influence upon engagements of gold is
shown by the fact that the Bank sold £148,000 in
American Eagles, the price of which was 76 shillings
7| pence. The Bank’s price for bar gold is 78 shil
lings, but the market price is 77 shillings I l f pence.
The cable has almost daily reported, during the week,
sales of bars and American Eagles, presumably for
shipment hither, aggregating £885,000. There was no
change in either actual or posted rates for exchange
yesterday. The gold arrivals for the week are reported
further above. The following shows daily posted rates
for exchange by some of the leading drawers.
D A IL Y P O STED R A T E S F O R F O R E IG N E X C H A N G E .
Fri .. Mon., Tubs.. W ed., thou .. Fri..
Sept. 18. Sept. 21. Sept. 22. Sept. 23. Sept. 24. Sept.
25.
82
82
82
82
82
82
Brown Bros...... j
84*
84V,
84*
84*
84*
84*
Baring.
( 00 days.
82*
.82*
82*
Magoun & Co.. ( Sights..
l§ *
85
85
85
Bank British
$60 days.
82*
82*
No. America.. \Sight....
85
85
Bank of
(60 days. 83
83
83
83
83
83
Montreal.......\Sight....
85
86
85
85
86
85
Canadian Bank ( 00 flays. 83
83
83
83
83
83
of Commerce.. ( Sight.... 85
85
85
86
86
85
Heidelbach, Ick- J60 days,
82*
82
82
§2*
elheimer & Co. 1Sight.... 84*
84*
84*
84*
11*
82*
82*
82*
82*
I ^ r r t F r e r o .,...)^ ^ ;
84*
84*
84*
8f*
11*
Merchants' Bb. $00 days, 82*
82*
82*
of Canada......) Sight....
85
85
85
I*
If*
If*
1*
If*
I*
If*
1*
If*
If*
I*
The market closed steady on Friday at 4 82@4 83
for sixty day and 4 84£@4 85 for sight. Kates for
actual business were 4 81|@4 81 f for long, 4 8 3 f@ 4 84
for short and 4 84^@4 84-J- for cable transfers. Prime
commercial bills were 4 81@4 81* and documentary
4 8 0 i@ 4 80*.
J
The following statement gives the week’ s movements
■Of money to and from the interior by the N. Y . banks.
Received by Shipped by Net Interior
ir.r.m nto. N. T. Banks.
Movement.
'Currency....................
$3,823,000 $5,032,000 L083.S1.209.000
«*14................................
289,000
408,000 Loss. 119,000
r«l»l gold and legal tenders...... S4,112,001 S5.440.000
Losa.Sl,328.010
We«* Ending Sent. 26, 1896.
[V ol . L X IIl.
Kesult with Sub-Treasury operations and gold im
ports.
Week Ending Sept. 25,1890.
Into
Banks.
Out of
Banks.
Net Change in
Bank Holdings.
Banks’ Interior movement,as above 14.112.000 $5,440,000 Loss.$1,328,000
Sub-Treas. oper’tns and gold lmp’ ta 23.385.000 17,100,000 Gain. 0,285,000
Total gold and legal tenders..... $27,477,000 $22,540,000 GalnH 4,937,000
The following table indicates the amount of bullion
in the principal European banks this week and at the
corresponding date last year.
Bank of
Sept. 24,1890,
Sept. 26, 1895.
Silver.
Gold.
Gold.
Silver.
Total.
Total.
£
£
£
£
£
£
41,155,469
41,155,469 43.743,252
43,743,252
F ran ce............ 79,784,550 49,810,083 129.594,633 80,940.954 50,033,016 130.973,970
G e rm a n y * .... 29,568.367! 14,784,163 44,352,550 33,233,054 15,025,346 48,859,000
A u st.-H u n g ’y 29,065,000 12,807,000 41,872.000 21,993,000 13,166,000 35,159,000
Spain...............
8,528,000 10.510,000 19,038,000 8,004,000 11,910,000 19,914,000
N e th e rla n d s .
2,634,000 6,840.000 9,474,000 4.274,000 6,878,000 11,152,000
Nat. Belgium* 2,739,667 1,369,333 4,109,000 2,899,000 1,419,000 4,347,000
T o t.th is week 193,474,053 96l120,o99l289,594,652 195,086,800 99,031,362 294.148,222
T o t.p re v . w ’ k 195,252.228 90.079.122 291,331.318 193,562.338 98.963.91aI292.565,282
* The division (between gold and silver) given in our table ol coin
and bullion in the Bank of Germany and the Bank of Belgium is made
from the best estimate we are able to obtain; in neither case is it
olaimed to be acourate, as those banks make no distinction in their
weekly returns, merely reporting the total gold and silver, but we
believe the division we make is a close approximation.
THE D E N V E R R E P U B L IC A N ONCE
MORE.
The editor of the Denver “ Bepublican ” refuses our
offer and justifies himself by calling it a “ bogus offer.”
We can not see how that term applies, and to us it has
very much the appearance of the ordinary method of
getting out of a tight place. Indeed, our offer was the
“ Kepublican’s ” own offer with very slight modifica
tions— modifications which no free coinage advocate
ought to take exception to— to make it conform to the
facts in our article and to the Denver editor’ s interpre
tation of those facts. We likewise proposed a deposit of
gold as a guaranty of fulfillment. These features cer
tainly do not bear any likeness to a bogus affair. The
suspicion is strengthened in our mind that the “ B e
publican” is afraid of its free coinage silver dollar. A t
least we can conceive of no other reason for rejecting
our proposition.
But the editor of the Denver “ Bepublican” not only
refuses the offer we made, but he gets angry and says
that the C hroutcle did not tell the truth. What is
still worse, he invents a fiction and then in substance
charges us with not being true because his fiction is
not true. His assertion is that we said “ our standard
silver dollars are only worth 53 cents a piece in L on
don.” We never said any thing of the kind; we did
not even use_the word “ standard.” Our article had
nothing to do with standard dollars, and the editor
of the “ Bepublican ” is fully aware of that fact.
His
own statement of the
purport
of
our
article
was, as
we
quoted two
weeks
ago,
“ that free coinage in this country would immediately
put us on a silver basis and that the silver dollars turned
out of our mints would be worth no more as coin than
as bullion.” After having admitted that, he picks out
a sentence from the article, puts the word “ standard”
into the sentence, and then throws stones at his own
handiwork while saddling ns with its untruthfulness.
We do not propose to follow further any such criti
cism or any critic who does that sort of thing. The
sentiment— which the editor admits was the thought
we sought to enforce— went through every paragraph
of the article in question. Y et in face of that admis
sion and condition : in face of the fact that the word
S hftember 26, 1896,]
THE CHRON LCLE.
538
“ standard” nowhere appears in the sentence or para of the most sweeping Presidential majorities in our
graph criticized, but free coinage doll ars are the dollars
referred to all through the paragraph ; in face of the
descriptive clause “ just like them” in the sentence
(which can refer to nothing except the dollars we were
writing about and absolutely shuts out “ stand ird
dollars because in a most important particular they
are not “ just lik e ” free coinage dollars)— in face
o f all this the editor of the “ Republican ” interpo
lates our sentence to suit his needs and then talks
about onr untruthfulness just because the interpolated
sentence i3 untrue.
That method m a yb e considered “ smart/” but is it
straight ? Furthermore, are we wrong in saying that
this bravado, talking about our untruthfuluess and
calling our offer bogus, is used only to shield the
“ Republican ” from the odium of rejecting our offer
and rejecting its own free coinage dollar ?
TH E P O L IT IC A L E FFE C T OF A THIRD
TICKET.
The very successful meeting, b>th in numbers and
enthusiasm, of the sound money Djmocrata at the
Madison Square Garden Tuesday night, to ratify the
nomination of Oemeral Palmer and General Bickner
for President and Vice President o f the United States,
has been a gratifying event o f the week. N o incident
in the history of this year’ s remarkable politic il cam
paign has been more dramatic than the birth of the
Third Party at Indianapolis. We describe this event
as the birth of a Third Party, in spite o f the very
general contention that the Indianapolis g athering was
nothing more than the reunion of the real Democratic
Party to protest against the seizure of its name and
partisan machinery by the nondescript organiz »rion at
Chicago.
It may readily be maintained that the
spirit, the principles, and the intellect which gaided
the Indianapolis Convention were those which 'mve
done most to bring distinction and honor to the
regular Democratic Party of the past. But this was
equally true of the Republican Party when it rose in
1854 out of the defeat in the Presidential election of
1852 and subsequent wreck of the old Whig organization. It was in a measure true of the Wnig Party
itself, which was created from the Federalist Party
ruins, though by a much slower process of evolution.
In such coses the name of the new political organism
is a matter of small concern. The historical fact is,
that the framework of the old party has collapsed
and that its place in opposition or in control of Fedi ral
policy is taken by another.
The rise of this new party of 1890 is in some respects
unique in American history. The two political parties
just referred to came into being after a crushing polit
ical defeat of the organizitions to which they were
legitimate successors. Not only had the Federalists
been utterly overwhelmed in 1804, but their candidates
had thereafter uniformly failed o f election, and their
party machinery had been steadily decayi g during
subsequent decades, before the Whig Party to »k the
field. The Republican Party came into formidable
existence only after the failure of the Whig Presidential
candidate in the election of 1852 to carry more than
four States of the Union. Tne extraordinary part of
the rise of the new Damocratic Party in 1896 is that it
follows a national election in which the party which
it may possibly replace was carried into power by one
history.
Partly connected with this phenomenon is another
extraordinary fact. The W hig Party and the Repub
lican Party were organized chiefly by the younger men
of the parties which they succeeded. Tne old leaders
had done their part in making history, but had
failed to keep step with the movement of events and
the needs of a new generation. In 1830 Henry Clay
was 53 years of age and D auiel Webster was only 48.
In 1860 Irn efln and Chase had little more than com
pleted their fiftieth years, while Fremont in 1856 was
only 43. The two nominees of the Indianapolis Con
vention are respectively 79 and 73 years of aga. Many
of the oldest and most distinguished members of the
Democratic Party took part in the convention. Yet,
strangely enough, in the way of historical com
parison, the convention was by common agreement
characters ;d by the buoyancy, the hopefulness and
the resolute confidence in their organiz ition’ s future
which are looked for ordinarily when the younger
spirit o f reform comes to a party’ s leadership. The
contrast becomes even more singular when it is noticed
that the guiding spirits in the convention which at
Chicago placed upon its ticket the youngest nominee
in the history of presidential canvasses, wore for the
most part politicians whose political career in many
cases dated back as far as the Civil W tr, or further.
The wholly unique character of the Indianapolis
movement appears still more impressive from the fact
that for the first time in the political ^history of the
United States an opposition to the regular organization
of the party in power at the time has received the open
endorsement of the President and his Cabinet.
We have recited these remarkable features o f the In
dianapolis episode not in the way of political contro
versy, but as a matter of peculiar interest in history.
For the present, the chief factor of interest in the
Third Ticket movement is its probable influence on
this year’ s Federal election. A good deal has been
made, both by the friends and enemies of the Chicago
ticket, of the statement that the Indianapolis nom
inees can cut no figure in the electoral result, simply
because they have no prospect of individual success.
Not only do the party’ s managers and candidates pub
lish no extravagant promises of victory, but they
made no secret publicly of their expectation of
defeat. A ticket, it is argued, started with such entire
absence of practical anticipations, can hardly cut a
figure of any consequence in the national elections.
No citizen, it is contended, will in a hot electoral cam
paign throw away his ballot with full knowledge that
it is wasted. Therefore the vote for the Indianapolis
nominees can hardly affect the final electoral re
sults.
Whatever may b i sail of this argumeat at appliel to
the p'eseut situation, it has no warrant i i the history
of our politic d elections. We need not mention the
Populist organiz ation, which in 1892 polled 1,042,631
votes without the slightest anticipation o f success. It
has so happened that the vote of that party, under its
varying titles in the four last presidential election*,
has never actually affected the remit.
It is pos
sible,
however, that
the
Prohibition
vote of
1884, though its total record
in the nation
was only 150,369, may have served to turn the scales
as no "G r e e n b a ck ’’ or Populist ballot ever did. I f
the 35,016 Prohibitionist votes cast in New York State
in 1881 had all been cast for the R ‘ publican candidate,
534
THE CHRONICLE.
[V o l . L x m
Mr. Blaine would have carried New Y ork aud won the
S IL V E R FALSEH OODS.
national election.
Political observers of the time,
We
continue
to receive inquiries concerning an
though, were by no means clear that the abnormal
alleged
extract
from
the “ Financial N ew s” of Lon
Prohibition vote would have been thus cast even had
don
which
the
silver
people are circulating in th ir
there been no Prohibition ticket in the field.
endeavor
to
gain
followers.
We have replied to these
A much more obvious illustration of the power ex
inquiries
by
letter
thus
far,
but
as more of them keep
erted by a third ticket running without the hope of
com
ing
to
hand
each
week,
it
seems
desirable to treat
individual success is found in the two very remarkable
the
matter
publicly
and
make
room
for
it here. The
elections of 1844 and 1848. Tne majority of Polk
alleged
extract
is
as
follows.
over Olay, in the electoral college of 1844, was 65.
“ The condition of affairs in the United States demands the
The “ Free-soil” ticket received an utterly insignificant immediate attention of British financiers and statesmen. The
trade
of the world is now in our hands, but it will not long
vote in comparison with the leading candidates. But
remain there if the United States goes to a bimetallic basis,
such strength as this third ticket possessed was drawn with free and unlimited coinage of silver. W ith the addition
from the natural supporters of the W hig Party and Henry of silver to the volume of money, everything in America
would take on a new face. Labor and industry would gain
Olay. The 15,812 “ Free-soil” ballo:s cast in New new
life. The grip of the gold standard on the products of
Y ork State gave to Polk a plurality in the State of the world would be loosened, and prices would rise. Great
would lose her markets in South America, Asia and
5,106 votes, n ad the third ticket voters held to Clay, Britain
even Europe, and the American bottoms would not be long in
their natural candidate as between the two, New Y ork’s capturing the carrying trade of the world.”
36 electoral votes would have been lost to Polk, and
Iu its issue of August 13 the “ Financial N ew s”
the Whigs would have received a majoritv of 7 in the took pains to state that it had never uttered or even
college of electors. Precisely the reverse happened entertained the views here attributed to it. The Lon
four years later, in the election of 1848, the difference don correspondent of the “ Evening P o st” of this
being that the third ticket in the later year city cabled the denial to this side on August 15 and
was an open revolt from the party in power, the “ P ost” also again printed the d-nial in its issue
and from the candidate of its nomination, and of the 24ch with pertinent editorial comments. Since
that it polled a heavy vote, exceeding in at then various other papers have likewise given prom i
least three states the total vote of the party nence to the denial. But it appears that the authors
to which
the third-ticket adherents nominally of the story are still engaged trying to delude their
belonged. In these regards, in the fact that the revolt adherents into believing that the extract is genuine.
was caused by differences over a grave question of na Here is a copy of a letter which was sent under date
tional policy, and in the further fact that the third of September 2d by the organ of the silver party to an
ticket campaign was directed by some of the party’ s inquirer in a small hamlet in one of the Western
shrewd and experienced politicians, the movement of States.
1848 bears perhaps the closest resemblance of any such
TH E S IL V E R K N IG H T .
movement in our history to that of 1896. The third
W a s h in g t o n , D . C ., Sept. 3, 1896,
ticket carried no State in 1848, but the votes withdrawn -----------------, Esq.,
to it from the regular candidates lost to the Democratic
D e a r Si r :
Party the four States of New Y ork, Massachusetts,
Replying to your favor of the 26th ult. you will notice in
Connecticut and Vermont. This represented 60 elec the “ Silver K n ig h t” this week an editorial paragraph stating
that the quotation from the London “ Financial News ” is
toral votes in all, and Taylor’ s majority over Cass in authentic In next week’s issue we will publish full proofs of
the electoral college was only 37. Had Cass not lost its authenticity. In the meantime you m ay tell any man who
denies that it appeared in the London “ Financial N ew s”
the votes of the third ticket he would have been that the truth is not in him. Yours very truly,
B r a b s t e r W e s t , Assistant Editor.
elected.
In fact, the whole history of our Presidential votes
The foregoing letter was type-written and signed.
affords convincing evidence that there is no element in We have procured a copy of the “ Silver K n ig h t” of
the situation more dangerous to a party than the se September 10, which is the “ next week’ s issue” re
cession of a part of its membership and their open ferred to in the letter, in order to find the “ full
nomination of a rival ticket. In elections when, as in p roofs” of the authenticity of the extract which are
1872 and 1892, the majority of one party is overwhelm promised by the author of the letter. But our search
ing, this factor counts but little. But always in States has been in vain. The paper contains a “ serm on”
where the canvass is closely contested victory may by Brabster West (who, as will be noticed, signed the
easily slip away from the party which has a rival of its letter as assistant editor), in which he speaks of those
own partial creation in the field.
“ sleek, valet-dressed, Turkish-bathed, daintily fed,
This peculiarly formidable possibility in a third professing friends” of the laborer and producer, and of
presidential ticket arises largely, doubtless, from the “ this thing Hanna with the face of a Caliban and the
peculiar character of our vote for President. A small heart of a B >rgia,” and calls John Sherman “ the arch
third-ticket vote may change the majority in the choice traitor of O hio” and Grover Cleveland “ the arch
of State electors, and thus alter the possible majority traitor of the universe,” while in another part of the
in the college of electors, where the total third-ticket paper we find graceful allusions to “ that pie-facedi
vote would not have reversed the popular majority in Chinaman Li H ung Chang,” but nowhere in the issue
the country as a whole ; and yet it is one of the singu can we discover any mention of the subject-matter of
lar facts in these comparisons that’ if the third-ticket the above letter. We are therefore still without these
minority vote in any of the three elections already de professed “ proofs.”
scribed— in 1884, in 1848 or in 1844— could have been
But it is not worth while wasting time over the
cast as a whole for the party from whose usual sup subject. The denial of the “ Financial N ew s”
porters the third ticket drew most of its voters, the was clear and explicit, and in order that our readers may
popular majority, as well as the majority of the elec have it for reference we print it below. As already
toral college would have been reversed from the actual stated it appeared in the editorial columns of the;
results.
I “ N ews” on August 13.
'S eptember 26, 1896,]
THE CHRONICLE.
“ We have received numerous letters from American corre
spondents, containing; what purport to be editorials from
the “ Financial News,” and which have been reprinted in
various Western papers as campaittn literature. One Omaha
paper prints an article stating that it i9 from the London
“ Financial News ” of March 10. No such article was ever
printed by us, and its whole tenor is direc’ly opposed to the
view we have taken of the «fleet of free silver in the United
States. So far from advocating free silver coinage, we have
persistently pointed out that it spells repudiation and the
withdrawal of all European capital.”
L E V EL AND
C IN C IN N A T I CHICAGO & ST.
LOU IS.
■535
tion is properly supported by the railway oomptaiea
composing the same, it will prove of inestimable benefit
in the future. “ I f we can once unite to obttin our
published tariffs and give the public reasonable rates,
we shall soon create a public opinion in our favor so
strong that no railway of prominence can remain out
side of it a3 a disturber.”
Comparing the statistics in the report with those for
previous years, good management is discerned both in
the traffic and operating departments. We need hardly
say that earnings for 1896 are not up to those of the
bast previous year. In the late year the gross wa3
only *13,701,535, in 1893 *14,669,056. This is a de
crease not far from a million dollars. In the net the
reduction has been only from *3,704,269 to *3,410,831,
or less than three hundred thousand dollars. It is
evident that there was a very material contraction in the
expenses during the three years. This contraction is the
more noteworthy since the traffic of 1896 was actually
larger than-that for 1893. It will be useful therefore
to make an examination of the expense accounts to
see how the decrease was effected. Here is a table
comparing Jhe operations of the last five years.
The annual report of the Cleveland Cincinnati Chi
cago & St. Louis Railway shows that the property is
being operated with increased efficiency and economy.
The fact is an important one because, besides the gen
eral adverse conditions from which all roads have suf
fered, the “ Big F ou r," as we shall presently see, has
had some special adverse features to contend with.
The road is situated in a section o f country where
railroads are much too plentiful, so that competition is
very intense and business has to be taken at very low
rates. The fact, too, that a large part of the tonnage
consists of through traffic likewise operates to make
1898.
1895.
189*
1883.
139*.
the average rate received low. The company has not
S
I
S
*
473,5*5
458,181
311.413
318.20*
paid any dividends on its common shares since 1893, General expense*............... 289,479
*73.401
448,930
429.974
458,148
438.879
Trafflc expenses.................
but the five per cent dividends on the preferred shares, Conducting tnUMportat’n. 5,079.078 5,184.40* 5,237,119 5.949.395 5,4*3.048
calling for half a million dollars a year, have been Maintenance equipment.. 1.748.888 1,788,477 1,434.738 1 ,558,892 1,747.990
Maintenance Of war.......... 1.780.158
1,890.878 1,7-8.240
2.044,834 1.948,858
regularly maintained— and earned too— which is a very
T o t a l............................... 9.317,901
9,384,038 9.118.272 10,313,380 9,891,778
good record considering the bad times the country has Car serrlce—paeaonger....
68.941
70,458
58,879
*7,847
68,884
"
-fr e ig h t ........... _785.488
438.779
107,139
135,989
71,479
experienced since the panic of 1893.
Iiuorance ............................
51.801
11,523
31.548
34,808
34,355
As far as the exhibit for the late year is concerned, T a re*...................................... 684,109
539.474
401,888
415.845
409.710
Grand total ..................10.493.70* 10,254,088 9.750,501 10M4.787 10,485,804
does not differ materially from that for the previous
Looking at the first set of totals in the foregoing,
ear. Gross earnings increased slightly (mainly by
reason of a gain in passenger revenues, the freight covering what might be called the expenses proper, it
earnings having fallen off), and net earnings also were will be seen that the amount for 1896 is *9,317,805,
a little better. Fixed charges were substantially the against *10,313,360 for 1893, a saviDg of, roughly, a
same in the two years, and after meeting these and the million dollars. The bulk of the decrease occurred in
dividends on the preferred stock there was left a sur the cost of conducting transportation, where the ex
plus balance of 171,115 in 1895 6 and of 119,627 in pense has steadily declined, and for 1896 was only
1891-5.
*5,078,076, against *5,942,295 for 1893. It is here
President Ingalls states the conditions which pre where the results o f true economy in operations are
v a il s dnring the year fairly. He says the results showD, and railroad managers lu their efforts to reduce
are not as encouraging as had been hoped at the com operating cost aim chiefly to cut down this class of ex
mencement o f the year. During the first six months, penditures. It will presently appear how the Big Four
the earnings showed quite an increase, although com people have managed to economize so greatly in that
petition between the railways was sharp and rates were branch of outlays. “ General” expenses were also less
low. During the last six months, when rates were, on than in 1893, affording further indication of a genuine
the whole, well maintained, the road’s business de saving in operating outlays. “ Traffic ” expenses have
creased, chiefly from three causes. In the first place been a little heavior, but the (increase has been chiefly
the road had but very little wheat on its lines, and that in the cost o f the work o f the various traffic associa*
affected local earnings. In the second placs the financial tions and in the item of advertising.
troubles of the country closed up, to a very great
The outlays for maintenance of equipment and for
extent, the factories on the line, thus further reducing maintenance of way are always more closely scrutinized
the local traffic. In the third place the road was sub than any others, for reductions in them may be at
jected from St. Louis eastward to very severe compati- the expense of the property and indicate that
tion from roads not in the new Joint Traffic Associa it is being 'allowed to run down.
In the case
tion.
of the Big Four these two classes of expenditures
Mr. Ingalls says this latter very seriously affected have, as will be seen, fluctuated remarkably little dur
the business of the road upon the portion of the sys ing the five years, making it evident that repairs have
tem referred to. He remains, however, a firm believer not been curtailed or deferred, but that the property
in the desirability and usefulness o f the Joint Traffic has been kept up to its old high standard. As a mat
Association.
A s the Association owes its exist ter oi fact, when it is considered that many items of
ence largely to the energy and zeal which he supplies can now be bought much more cheaply than
displayed in its behalf during the preliminary a few years ago, it would appear that as much had been
work leading up to its establishment, it is spent on the property as in the earlier years when busi
pleasing to find that his faith in it has not been ness was prosperous.
shaken by the fact that his own road has not yet re
It was stated above that besides the depression in
ceived the full benefits expected from it. He says the business the road had some other adverse features to
general results have been favorable, and if the Associa contend against. These appear from a study of the
THE CHRONICLE.
536
closing part of the above table. We may mention first
the item of taxes. This stands at $582,109 in 1896,
against $415,025 in 1893 and $409,710 in 1892, an in
crease in either case of over 40 per cent. In amount
the increase over 1892 is $172,399, a sum which would
pay a dividend of about five-eights of one per cent on
the entire amount of the company’ s common stock. The
taxes are considered unjust and excessive, and the com
pany contested them in the courts, but was finally de
feated a year or two ago in its efforts to have them re
duced.
Another item which has been steadily growing in
recent years, notwithstanding strenuous attempts to
keep it down, has been the payments for the use of
foreign care. Mr. Ingalls referred to this in his last
report, but there was a further increase in the late
year, so that the payment in the case of the freight
service amounted to $285,268 in 1896, against only
$71,279 in 1892, the increase thus being $214,000.
The explanation given by Mr. Ingalls last year was that
more and more each year the higher classes of freight
are controlled by transportation companies who own
their own cars, and in order to secure this freight the
company is obliged to use these private cars, paying
mileage therefor, while its own cars are idle.
W e have stated that traffic in 1896 was larger than
in 1893, notwithstanding that earnings were consider
ably less. The actual number of tons handled was not
larger, but the tonnage movement one mile, which is
the true measure of the work done, -was. Local traffic
evidently fell off, as we should expect, but on the other
hand the managers succeeded in adding to their through
traffic. Partly as the result of this increase in the
through traffic, but mainly because of the constant
downward tendency of rates, th(4 traffic had to be
moved at very much lower rates, and this accounts for
the falling off in earnings. The rate in 1892 was cer
tainly quite low, being only 722 thousandths of a cent
per ton per mile, but for 1896 the figure |was but 631
thousandths. The following table shows in compact
form the traffic movement, the traffic operations and
the traffic results for the last five years.
lo n s lo f
freight,
1 8 9 6 ...
1 8 9 5 ...
1 8 9 4 ..
1 8 9 3 ...
1 8 9 2 ..
. . 8,598,881
. . 8,625,073
..7 ,8 0 3 ,3 0 0
. . 9,027,220
..9 ,1 8 6 ,1 2 9
Tons
one mile.
1,358,155,342
1,349,581,562
1,211,359,770
1.331,428,021
1,334,503,153
Freight
earnings.
$8,576,700
8,783,930
7,866,967
9,338,787
9,637,481
B a te per ton F ’ght. Fglxt. tra in
rtP.r mile.
mile.
traain
Aarn.’
ns
tr
in. ea
rn ’ gs
per
mileage, per m ile.
Cents.
0-631
0-651
0-649
0-701
0-722
5,555.359
6,057,796
5,770,244
6,605,072
6,512,441
$L 54
145
136
141
148
W ith this table before us, there can be no doubt as
to how the reduction in the cost of transportation in
recent years, noted above, was brought about. It will
be observed that in 1896 the tonnage movement one
mile was 1,358 m illion tons, against 1,331 million
tons in 1893 and 1,334 million tons in 1892, but that
notwithstanding the larger traffic the freight train
mileage in 1896 was only 5,555,359 miles, against
6,605,072 miles and 6,512,441 miles respectively in 1893
and 1892. In other words, there was a saving of a
million miles in the movem ent of freight trains. E vi
dently Mr. Ingalls has pursued the same policy with the
B ig Four as with the Chesapeake & Ohio— that is,
sought to increase the train load. The Big Four can
not claim 3uch an exceptionally heavy load as the Chesa
peake & Ohio, but the average load has been steadily
rising. The average is not given in the report; we make
it nearly 245 tons for 1896, against only 205 tons in 1892.
As a consequence of the heav ier load, the trains earned
$1 54 per train mile in 1896, against only $1 48 in 1892
and $1 41 in 1893, notwithstanding the much lower
rates received.
[V o l . L X III.
As to the outlook for the immediate future, Mr.
Ingalls says that large crops on the company’ s lines
are assured, and were it not for the financial disturb
ances which have destroyed local business, the manage
ment should be very hopeful of the results for the
coming year.
As it is, everything will depend
on the general business situation.
He says that
expenditures upon equipment and track can be
largely reduced, owing to the excellent condition of the
property, and this is evident also from the analysis we
have made of the expenses. The balance sheet shows
$791,425 of bills payable June 30 1896 (aside from the
equipment notes which fall due in certain amounts
each year), but the company has in its treasury unsold
over $2,000,000 of its general mortgage bonds to which
it is entitled on account of the payment of equipment
notes and the acquirement of new property.
R A IL R O A D N E T E A R N IN G S FO R J U L Y .
Railroad earnings continue to make indifferent com
parisons with last year. This applies to both gross
and net. Gains have become rather exceptional, losses
quite generally the rule. We have prepared this week
our compilation of the gross and net earnings for
July, and the showing is even less favorable than in
our early statement of the estimated gross, given soon
after the month closed.
In the gross the increase is only $557,778, or but
about one per c e n t; in the net $268,961, or 1 ’69 per
cent. Out of the whole number o f roads, 71 show
losses in the gross, 67 losses in the net, as against 65
roads with gains in gross and 69 roads with gains in
net. Of course the poor result is to be ascribed mainly
to the unsatisfactory trade situation occasioned by the
silver agitation. In July, as will be remembered, the de
pression in trade became very pronounced, the action of
the Democratic Convention that month at Cnicago hav
ing produced a general feeling of alarm. There were
also some special adverse influences in the railroad
world, such as the rate troubles in the West and South,
more specifically referred to on previous occasions.
The grain movement on the other haud was full and
free. Below are the totals of the earnings for the
month and year.
J a n u a ry 1 to J u ly 31.
(125 roads.)
J u ly .
(136 roads.)
Increase.
1896.
Iticrease.
1895.
1896.
1895.
G ro ss e a r n ’ s
O p er. e x p . . .
$
54,642,904
38,485,757
*
54.085,126
38,196,940
$
?
$
f
557,778 361,360,082 347,946,107 13,413,975
9,994,695
288,817 258,887,777 248,893,082
N et ea rn ’s
16,157.147
15,888,186
268,961 102,472,305
99,053,025
3,419,280
Last year in July we had strikingly heavy gains
($7,238,794, or 15T2 per cent, in the gross, and $3,106,541, or 23’53 percent, in the net), and it may be thought
that this accounts for the small amount of improve
ment the present year, but these gains last year had no
special significance, as they simply followed equally
striking losses in the year preceding when by reason of
the great railroad strike which then prevailed the rail
road transportation business over large sections of the
country had been brought almost to a stand-still. The
following shows the comparisons for a serit-s of years past.
num ber
o f roads.
Y ear
Given.
July.
*
57,847,408
59,706.145
56,824,847
42,863,827
1891
1892
1893
1894
1895
1896
(1 4 3)
(1 2 3)
(129)
(1 2 5)
1188)
(136)
N et E arnings.
Or088 Earnings.
T ear and
55,118,279
54.642.904
Year
Increase or.
Preceding. Decrease. \
i
54,200,578
58,849,750
59,720,176
51,324,344
47,879,485
54.085,126
*
!
+ 3,6 46 ,83 0,
+ 8 5 6,3 95 ;
-2 ,8 9 5 ,3 2 9
- 8 ,4 6 0 ,5 1 7 1
+ 7.2 38 .79 4,
+ 6 5 7 ,7 7 8 '
Year
Given.
$
18.913,334
18,579,667
16,250,047
12,357,609
10,306,861
16,157,147
Y ear
Increase o r
Preceding. Decrease.
$
17,245,315
19,362,982
17,541,083
14,921,055
13,200,320
15,8S8,186
$
+ 1 ,6 6 8 ,0 1 0
— 783,315
— 1,290,436
—2,563,446
+ 3 ,1 0 8 ,5 4 1
+ 2 6 8 ,9 6 1
THE CHRONICLE.
S eptember 26, 1896,]
n u m ber
o f road s.
N e t E a rn in g s.
G ross E a r n in g s .
Fear an d
Y ea r
G iv en .
Tear
I n crea se or
P reced in g .
D ecrease.
Fear
}~ ,a r
G iv e n .
P reced in g
In crea se o r
D ecrea se.
102.012.373
113.774.843
108.834.270
82,149,351
101.208,115
102,472.305
95.808,610
110,384,840
108.844.367
UMJ908JW7
90,9*5,816
99.053,025
8-6.203.703
+3,390,003
—10,097
-19.646,640
+10.222.289
+3,419^80
J a n . 1 to
J u l y 3L
1891
1803
18P3
185*4
1895
IBM
(125)
(120 )
(121)
(121)
(130 '
(125>
331.645.07 i !325,052,331
390.904.882 366,363,297
8 74.029.416!3W.0OL20W
297.548,940'357.697.093
351,^99.487 334.843.di!»7
361,350.082.347.940,107
•f9,593,343'
1-24,541.385 j
+8.928.207
—80.148,153
+17.055.52t
+H.413,97f
537
When arranged in groups, the best result on the whole
comes from the Northwestern group, where the grain
movement was heavy, and where.the gain in the gross
reaches $484,645, or nearly 8 per/cent, and in the net
$257,899, or 12-53 per cent. Even in this group, how
ever, two or three roads form exceptions to the rule,
and show losses. In the Southwestern group the gain in
the gross is small, but in the net amounts to $300,057, or
32-24 per cent; the large increases on the Atchison and
the St. Louis & San Francisco account mainly for
this exceptional improvement. The Trunk Line group
shows a loss in gross and also a loss in the net, not
withstanding that in this latter case the Erie contributes
quite a heavy increase, as already noted. The group of
Eastern and Middle roads likewise has a loss in both
gross and net. Besides these two groups, two others
have losses in the net, though not in the gross, namely
the Middle Western and the Southern; in both cases
there is considerable irregularity in the results of the
different roads. In the anthracite coal group there is a
gain in the net amounting to $122,506, or 8-76 per cent,
to which every road has contributed except the Reading
Railroad. T h e roads in the Pacific group have quite
generally done well, and in the agregate that group
records $203,587 increase in the net, equal to 7-51 per
cent.
In the case of the separate roads, there is more or less
irregularity in the returns in nearly all the different
sections. On the whole the most marked improvement
occurs in the case o f the grain-carrying lines.
The
largest individual gains are found among these, but
there are also some fair-sized gains reported by other
roads. In the gross the Canadian Pacific has $260,031
increase, the St. Paul $256,986 increase, the Illinois
Central $140,938 increase, the Mexican Central $123,882 increase, the N orfolk & Western $119,375 increase,
the Union Pacific $113,806 increase, the Burlington &
Quincy $101,585, the “ S oo” road $87,965, the A tchi
son $83,135, the Central of New Jersey $71,525, &c. In
the net, reduced expenses have in several instances
played a more prominent part in bringing about im
provement than have gains in the groas. The Atchi
son and the Erie are conspicuous instances of this kind,
the former reporting $318,081 increase in net, the
SUMMARY B Y GROUPS.
Erie $150,228. The only other increases in the
net above $30,000 are $141,208 by the Canadian
G
ross
Eam%ng$.
N e t E a rn in g s.
8BCTJON OR
GROUP.
Pacific, $110,729 by the Burlington & Quincy, $83,869
1896.
1895.
1896.
1895.
I n c . o r D ec.
by the St. Paul, $63,622 by the “ Soo,” $44,125 by the
J u ly
P .0
$
*
4
»
4
Trunk lines..! 13)
4,522,278
10,053,320
4,27R,234
—241,044
539
Atlantic & Pacific, $43,578 by the Sr. Louis & San Ant hra. coal.(7) 15,469,863
1,399.030
5.68-4,940 5,530.555
1,521,530
+122,500
8*70
East.
A
Mid.(11)
1.638.185
480,979
503.685
1.587.437
—10,700
8*31
Francisco, $42,861 by the Central of New Jersey,
Mid. W est’n.(24)
3.890.52:
1,120,623
920,022
3,815.619
—206,001 18*85
$35,179 by the Mexican Central and $31,881 by the Northwest’n..(9) 6.744,044 0.259.399 2.315,799 2,057,900 +257.899 12*53
8outhweA‘n.(15)
4,203.069
1,230,752
930,695
+3C0,'
57 32*24
4,229,759
Mexican National.
Pacific Coast (IP) 8,475.336
+203,587
8,270.824
2,914,285
2,710,698
7*61
The losses o f considerable amount are supplied Southern....(35) 7.200,741 7,180,763 1,949.281 2.102,477 -213,190 9*86
Mexican.........(3)
474,800
+65,459 13*79
1,340.259
1,151,950
640,259
chiefly by the roads in the Middle and Middle Western
Tot.. (136 Fds) 54,642,904 54,085,126 10,157,147 16.889,186
+ 208,901
1*09
States and those in the South. The Pennsylvania J a n . l t o J u l y S l .
leads in both gross and ret, having $487,700 de Trunk Ilnea.(n.)(104.l52.7»6 102,812,441 28.553,720 28,458,007
0*34
+95,713
Anthra. c o a l.(7) 86,037,391 35,881,784
7,698,440
8,432,591
—734,151
8*71
crease in the former and $345,100 in the lat Bart.
0*34
4 M ld.(lO)
9.936.881 10,009,408
2,895.442
2,885.649
+9,793
ter.
The Sou'hern Pacific has $171,433 decrease Mid. W eet*0.(20) 2?,*44.274 23,786,III 0,263,071 0^22,640 -258,075 3*97
North weat'n..(9) 45,185,121 40,387.888 15,315(356 14,083.349 +1.232,007
6*75
in the gross*, the Big Pour $93,979, the Southern South w e st'n il 4) 3O.012.81P 29,908,211 8.593,432 7.198,163 +1,395,269 1938
Railway $77,226, the Louisville & Nashville $55,342, Pacific Coast! 19) 54.988,688 53.042,197 16,8:5,914 15,924,571 +981,343 6*85
4outh ern ....(32 ) 48,80+816 44,732.550 12,761.820 12.029.101
0*0
+732,716
0 43
Ac. In the net the Louisville & Nashville has $90,- M e x ica n ....... (3) g J M ^ 0 4 8.245,164 3,534,2H 3.618,915
+15,205
T o t .. (126 r*ds)l301.360,08V 317.P40.1O7 102.472.306 99.053.025 +3.419.260
345
016 decrease, the Illinois Central $77,389, the Norfolk
The follo w in g la a llat o f the roads inoluded under eaob group in the
& Western $76,298, the Grand Rapids & Indiana
foregoing t a b le :
$57,589, &c., Ac. The following is a complete list of
tr u n k L in t* .
' M l d d 'e W en t c m ~ ( C o n , )
Pacific Coast—(C o n )
Spokaue F alls A N orth’ n.
B. A O. South western.
j Lake Erie A W est.
the large gains and losses.
«▼. ‘ -In. Chic. X St. L. M tnlsflque.
u n ion P acific—tJ. P. Ry.
rRIXCIPAL CHARGES IR G I I O S S (ARRIROS IR J I I . V .
In e rc a a e a .
* 2 6 0 . 0 3 1 | K » n . C it y t t . a . A M e m .
* 3 2 ,1 8 3
S50.G R H (
--------------------1 4 0 .1 * 3 8 1
T o t . l ( r e i,r e « e n tliiB
1 2 3 . “ VJ
2 2 r o u U l ....................# 1 , 6 9 2 , 0 6 0
1 1 9 ,3 7 5 |
D c -r c n a c * .
1 1 3 ,8 0 6 P e n n s y lv a n ia ! # 1 R \ 7 0 0
1 0 1 . 5 8 5 I H o n lh -r n P a c i f i c ...............
1 7 1 .4 3 3
3 7 . 9 6 5 1C l e r . (,'ln . C h i' A S t . L .
9 3 ,9 7 9
8 3 , 1 3 5 IS o u th e r n R a ilw a y
....
7 7 .2 2 6
7 1 , 5 2 5 |C o u lu v . A N . - h v .................
5 5 ,3 4 2
6 6 . 9 3 | S . v . F la . A W e s t e r n . . .
5 0 ,9 9 8
6 0 , 0 1 3 if i n . X . O . A T e r . P a o . .
4 3 .2 0 1
5 3 , 1 3 8 |W e st. IV. Y . A P e n n . . .
3 3 .3 2 8
4 3 .1 0 3 ,
--------------------4 2 ,r7 8 '
T o t a l (r e p re set] tin tf
3 4 ,5 8 4 .
1 7 r o a d s * .............. . . . # 1 , 0 1 3 , 2 0 7
.
I t i < r<-« » « * • .
C a n a d ia n P a c i f i c ...............
C b lo . M il. * -U. P a u l. . .
I l li n o is C e n t r a l ...................
M e i l o - n C e n t r a l ____ _
N o r f o l k .1 W e s t e r n .........
U n io n f ’ a c if lc . ...................
C h ic . B u r l. A Q u i n c y . . .
M u m . 81 . P. ,fc 8 . 8 . M . .
A t c h . T o p . A 6 . F e ..........
C e n tra l o f N ew J e r s e y .
M e x l e . n N a l l o u a l ..........
C h e n . A O h i o .........................
O r a n d T r u n k ......................
N a »h C h a t! A 8 t U . . .
IT. Y . O u t A W e s t e r n ..
G e o r g ia A A l a b a m a . . .
t C overs Urea d irectly onerared east and weat o f P ittsburg; the gross
on E astern line* deer -s a r i 4 1 5 6 .8 3 i and on W — t e n Hues 4 I30.9UO.
rniR ClrA l. CHARGES IR N E T EARSIRQ9 IR J I L T .
In rrssa es.
D »w r c a «(*t.
A tc h . T o p . A 8. K e.......... 4 3 1 8 .0 8 1 • Pennsylvania!.............. $315,100
E r ie ..........................................
1 5 0 ,2 2 8 i L<»uf*v • N u *liv ...............
9 0 ,0 1 6
C anad ian P acific.............
1 4 1 ,2 0 8 | m i n d s C e n tra l.................
7 7 .3 3 9
Chic. B url. A Qu n c y . . .
1 1 0 ,7 2 9 i N orfolk «k W e ste rn .........
70.29**
Chic. M il. A St. P*u1 . .
8 3 ,8 0 9 I G r a n d fU p td s A l a d . . .
5 7 ,5 8 9
M inn, a t P A 8. 8. M .
6 3 .6 2 ! I B alt. O hio * H o iifh w .. .
5 2 ,3 1 *
A tla n tic A Paoiflc ___
4 4 .1 2 5 I 8av . F la. A W estern . .
5 0 ,1 7
8 t . Ion ia A S »n F r a n .. .
4 3 .5 7 8 | D e a r e r A R io G r a n d e . .
3 5 ,1 0 0
C entral o f N ew J ersay.
4 2 ,« 6 1
M e ric a n C e n tr a l..............
3 5 .1 7 9 j
T o ta l {representing
M e i f s a n N a tio n a l..........
3 1 ,8 8 1
12 ro a d s )..................... $ 7 8 1 ,0 0 7
T o ta l (representing
1 1 road s)...................* 1 ,0 6 5 ,3 6 1 |
l C overs lines directly operated e a s t and w est o f P ittsb u rg : the a ct
on E astern lines decreased # 3 7 ,2 3 0 en d on W estern line* # 2 4 7 ,9 9 0 .
P eoria A Eastern.
Erie.
G rand T ru n k .
Chic. St G d. Trunk •
D ot. G il. H av. A Mil-*
“ ennsylv, Bast, o f k . * B.
W ont n f PH**. A Erie.*
P h iladelphia A Erie.
P lttsb, O n . Oh. A St. L.
Pitts. Y ou ngs. A A sh.
V abash.
a nfluraeiU Goal
Central o f New J e r s e " .
N. Y. O ntario A Wern,.
V. Y. Husq. A W est.
PhHa. A Reading.
Coal A Iron.
in -110111 Hrancn.
Lykens v * i Ooal.
P itt*. L lsoon A W estern .
P ittsbu rg A W estern.
■*ag. Pus. A H ur
South H aven A Eastern.*
Toledo A O hio Ceutrai.
T ol. P aorla A W
Y ork 8 uth ern .*
Ore. Sh. L. A Utah Nor.
flt. Josep h A G r. islan d.
Kansas City A Omaha.
Central Branch. Ac.
A t c b ’ n CoL A Pao.
Southern Roads
A labam a Great South’n.
\ 1ahum i Midland.
A tlan tic A Danville.
Augusta .Southern.
Birm ingham A Atlantic.
Brunswick A W estern,
■'arollna Midland.
Chas’ n Glen- x Sutton.
Chesapeake A Ohio.
Cnes. O hio A Southwest.*1
Cln. N. O. A T ex. Pac.
S o u th w estern .
G id#den A A ttala Un.
A rkan* is Mi dland.
G eorgia.
Middle.
A ton. Top. A Santa Pe.
G eorgia A Alabam a.
Adirondack.
’ o lo ra d o M idland.
Ga. Southern A Fia
Allegheny V a lle r.
C rystal.
G u lf A Chicago.
D enver A R io Or.
Bangor A A r o o s to o k .
Jack. Tam pa A K. W .
Eureka Springs.
B*f h X H am m *m dsport.
Kan. City Mem. x Bir.
Bc*T. K och. A Pitts
Ft. w >rtn A Don. City.
Kt. W orth A R io G rande. L exington A Eastern.
Buffalo A 8usquobanna.
Luulsv. H e a d . A St. L.
Kan. O. Ft. S. A Mem.
Cam norland V aliev,
Lou isville A Nashville.
Rio G rande Southern.
l io 'sa c Tun. A W fl.*
M acon A Birm ingham .
St. Louis A San F rin .
Northern iTentriM em phis A C harleston.
S*n A at. A Arau. Pass.
Phil. Readin g A N. K.
M obile A Birm ingham .
S ilre r to o . •
V ostcrn N. Y. a P sti-i.
M obile A O hio.
Middle W e ste r n
(Jn. Pan. I)en r. A G ulf.
Nash.
Chat. A St. Louis.
C h icago A East Illinois.* W aco A No’ wextern.
N irfolk A W estern.
r' icifir Coast.
Onic. A W est Mich.
O hio River.
A tla n tic A Pacific.
Cm. -lack. A Mack.
Peters ourg.
Canadian Pacific.
In. Port*. A V irginia.
Rich. Fred. A P ot.
N evada Central.
Clev.C an ton A S outh’ n.
Rich. A Petersburg.
O regon Im provem en t.
Col. Sandusky A d o c k .*
Sav. Fla. A W estern.
Rio G rande W estern .
Det.. Larin. A Nor.
San. Fran. A N orth. Pao. S u ib o a rd A i r L in o.*
Klein J o lie t A Eastern.
SHv.
Spgs. Ocala A G ulf.
So. Pacific.—
Flint A **ero Hurq.
Southern Railway
Gal. Har. A S. A.
'♦rand Rapid* A ind.
Louis. W estern.
I Ulnols Central
Mexican Roads.HLZ3
M organ's La. A T.
Jndiana Illin ois A Iow a.
M exican Central.
N. Y. T e x . A Mex
Ir<iti Railway.
Kanaw ha A M ichigan. f| T exa s A New Orleans. M exican National.
M exican N orth ern '
Pacific System .
Lake Erie All. A South.
* F o r m onth o n ly .
N ortn a testern .
Burl. Cedar Rap. A Nor.
Chic. Burl. % ^atnov.
Chic. Mil. A S t Panf
C h icago A N orth. P«»o.
lifts M oines N. A V.
Io w a Central.
Minn. A St. Louis.
Minn. St. Paul A S. S. M.
W isconsin C en tral.
jusis a :
. -3 -
THE CHRONICLE.
538
[VOL. L X III.
S IL V E R C O IN AN D B U L L IO N .
IM P O R T S A N D E X P O R T S O F GOLD
S IL V E R A T S A N FRAN CISCO .
AND
August.
8 mos. end. Aug. 31.
1896.—Exports................ ...................... $5,301,434
$40,932,418
Imports...................................... .
929,422
7,712,959
$33,219,459
W e have received this week from the Collector of Customs Excess of exports.................................. $4,372,012
1895.
—Exports ............................ $4,553,698
$33,265,216
at San Francisco the details of imports and exports of gold
Imports.......................................
1,114,677
6,199,471
and silver through that port for the month of August, and
Excess of exports.............................
$3,439,021
$27,065,745
they are presented below, together with the figures for the
S IL V E R IN O R E .
preceding months, thus completing the results for the eight 1896.—Exports............................................................
$370,575
Imports....................................... $1,350,066
12,003,963
months of the calendar year 1896. The imports of gold were
less than in any month since February, the amount received Excess of Imports ..............
$1,350,066
$11,633,388
$25,778
$61,920
reaching only $47,308, of which $6,239 was in coin; and of silver 1895.—Exports......................................
Imports...........................
1,112,598
8,145,486
there came in but $84,293, of which $80,029 was bullion. There
$1,086,820
$8,083,566
has been received during the eight months a total of $618,059 Excess of im p orts...........................
gold and $1,351,607 silver, which compares with $1,101,747 gold
Sto ck E x c h a n g e C l e a r in g -H o u s e T r a n s a c t io n s . — The
and $1,192,325 silver in 1895, The shipments of gold during
August were heavier than in any month since October, 1889, subjoined statement includes the transactions of the Stork
reaching $259,315, all coin, and the exports of silver have been Exchange Clearing-House from September 14 down to and
$103,291 coin and $274,371 bullion, For the eight months the including Friday, September 25; also the aggregates for Janu
exports of gold have been $848,818, against $291,399 in 1895, ary to August, inclusive, in 1896 and 1895.
STOCK E X C H A N G E C L E A R IN G H O O S B T R A N S A C T IO N S .
and $5,653,846 silver bas been sent out, against $7,441,230 in
.—Shares, both sides.—*
- -Balances, one sideSheets
1895. The exhibit for August and the eight months is as
Cleared. Total Value. Shares. Value Shares. Cash. Cleared.
$
$
1
8
9
5
fo llo w s :
J a n u a r y ..
13,593.500
IM P O R T S O P G O L D AN D S IL V E R A T SAN F R A N C ISC O .
G O LD .
M O N TH S.
Coin.
1896.
January...
February..
March.......
April........
May........ .
J u n e ........
August___
Tot. 8
m os.
S IL V E R .
Bullion
$
1 3 .1 3 2 1 6 9 , 2 1 2
4 ,5 9 5 3 8 ,6 0 4
1 ,2 6 0 4 8 ,2 3 1
1 2 ,0 4 5 1 0 8 ,8 2 3
8 0 ,9 5 7
5 ,7 3 8
1 1 ,8 2 6 9 6 ,2 3 6
8 ,7 2 3 7 0 ,6 8 0
6 ,2 3 9 4 1 ,0 6 9
Total.
Coin.
$
8 3 ,0 3 3
4 3 ,1 9 9
4 9 ,4 9 1
1 2 0 ,8 6 8
8 6 ,6 9 5
1 0 8 ,0 6 2
7 9 ,4 0 3
4 7 ,3 0 8
6 4 ,2 4 7 5 5 3 ,8 1 2
$
2 ,3 4 1
7 1 ,3 0 5
9 4 ,2 8 6
2 9 ,8 4 5
9 ,4 6 2
2 6 ,9 7 0
1 9 ,3 6 7
4 ,2 6 4
6 1 8 ,0 5 9
896.20 0.0 00
762.100.000
F e b r u a r y .. 12.030.000
M a r c 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 1.603.400.000
J u n e .......... 17,365,600
J u l y ............ 22,270,400 1.457.975.000
A u g u s t . . . 18,349,100 1.281.700.000
1.101.200.000
Bullion.
Total.
$
1 3 5 .4 7 0
1 6 2 ,8 2 5
2 0 3 .4 7 0
1 6 9 .0 5 2
1 4 4 .5 0 8
2 2 2 ,8 9 1
2 2 9 ,0 9 8
8 4 ,2 9 3
$
1 3 3 ,1 2 9
9 1 ,5 2 0
1 0 9 ,1 8 4
1 3 9 ,2 0 7
1 3 5 ,0 4 6
1 9 5 ,9 2 1
2 0 9 ,2 3 1
£ 0 ,0 2 9
2 5 8 ,3 4 0 1 ,0 9 3 ,2 6 7 1 ,1 5 1 ,6 0 7
8 m o s . . . . 146.686,200
9.314,875,000
14,835,700
907.700.000
J a n u a r y ... 15.298,500
F e b r u a r y . 17,004,900 1,068,600,000
M a r c h . .. . . 16.675.000 1,068,000,000
A p ril........... 14.662.200
984,000,000
750.800.000
M a y ............ 10.291.000
June....... 15,489,600 1.182.400.000
J u l y ........... 21,168,300 1.398.500.000
August... 10.537.200 1.C 81,900,000
1,614,200
1.905.500
1.631.500
1.689.100
1 S 9 «-
8 m o s . . . 1 2 7 .11 7.3 )0
G O LD .
Coin.
1896.
January ..
February..
March.......
April.........
BulVn
Cleared. Total Value.
Sept.14..
“ 15-
S IL V E R .
Total.
Coin.
Bullion.
Total.
August___
$
$
29,512
100
4,760
*40
7,84v
140
57,063
110,460 1,850
290
171,335
206,105
259,315
$
29,612
4,760
7,888
57,203
112,310
171,625
206,105
259,315
Tot. 8 mos.
846,398 2,420
818,818 1,821,110 3,832,736 5,653,846
J u n e ........
$
190,043
574,354
425,175
77,572
53,859
262,950
133,866
103,291
$
447,700
418,500
416,350
609,890
565,000
613,305
487,620
274,371
8,450.500,000
/—Shares, both sides —x
E X P O R T S O P G O LD AND S IL V E R P R O M SAN F RAN CISCO .
MONTHS.
$
637,743
992,854
841,525
687,462
618,859
876,255
621,486
377,662
1 ,091,000
997,500
1,493,600
1,710,500
3 .151.900
2 .070,100
2.345.900
1,975,200
“
“
“
1 6 1 7 1 8 ..
897.300
530,000
750,100
811.300
638,200
6 0 .5 0 0 .0 0 0
3 6 .5 0 0 .0 0 0
4 9 .7 0 0 .0 0 0
6 0 .6 0 0 .0 0 0
4 8 ,5 0 0 ,0 0 0
Tot. w k..3.627,400 255,300,000
Wklastyr7,192,700 457,400.000
Sept.21— 857,500 64,600,000
“ 22.. 745,800 54,200,000
“ 23-. 812,700 55,400,000
“ 24.. 795,300 53,200,000
" 25.. 206,400 48,000,000
1,122,000
1.594.100
1,9< 8,600
1,30 L,700
13,767.700
63.7 00 ,00 0
5 5,000,000
85,400,000
94,5 00 ,00 0
162,900,000
114,500,000
132,400,500
127,000,000
1,483,100
1,133,500
1,926.400
1,399,800
2,157,200
1,544,600
2,101,100
1,993,300
7.391
0.402
6,930
6,792
835.400.500 13,738,500
52.4 47
6 ,4 3 4
6 ,515
6 ,5 4 0
6 ,4 3 4
1.600.800
0 ,8 7 6
0 ,281
8 ,8 1 1
6 ,4 0 8
5 732
0 ,3 6 7
0,90 0
0 ,2 8 8
727,400,000 11.211,800
51.799
88.400.000
106.300.000
91,000,000
99.600.000
69.100.000
95.900.000
107.500.000
09.600.000
1,445,000
1,364,400
1.452.800
1,233,300
923,800
1,325,500
1.866.200
/-------- Balances, one side.------- , Sheets
Shares. Value Shares. Cash. Cleared
7 3 ,2 0 0
5 6 .5 0 0
5 8 ,3 0 0
5 9 .5 0 0
4 3 .5 0 0
4 .1 0 0 .0 0 0
3 .5 0 0 .0 0 0
3 .4 0 0 .0 0 0
3 .9 0 0 .0 0 0
3 .1 0 0 .0 0 0
5 2 ,4 0 0
3 6 ,1 0 0
8 7 ,7 0 0
1 1 0 ,2 0 0
1 0 2 ,3 0 0
325
280
314
312
29 3
2 9 6 ,0 0 0
1 8 ,0 0 0 ,0 0 0
3 3 8 ,7 0 0
7 6 5 ,8 0 0
4 1 .4 0 0 ,0 0 0
7 8 6 ,9 0 0
1 ,5 2 4
1 ,7 3 8
6 6 ,6 0 0
6 7 ,8 0 0
7 7 ,9 0 0
6 8 ,8 0 0
5 7 ,6 0 0
4 .3 0 0 ,0 0 0
4 ,4 0 0 ,0 0 0
4 ,3 0 0 ,0 0 0
3 ,3 0 0 ,0 0 0
3 ,2 0 0 .0 0 0
7 0 ,5 0 0
8 1 ,8 0 0
7 2 ,8 0 0
4 9 ,6 0 0
5 5 ,4 0 0
32 2
309
304
313
309
Tot. wk.. 3 , 7 4 5 , 0 0 0 2 4 9 , 4 0 0 , 0 0 0 3 4 0 , 1 0 0 1 8 , 4 0 0 , 0 0 0 3 8 2 , 3 0 0 1 , 2 8 6
WklastyrS,8 7 9 . 6 0 0 3 7 1 , 7 0 0 , 0 0 0 6 2 1 , 0 0 0 3 3 , 6 0 0 , 0 0 0 5 0 1 , 7 0 0 1 , 6 6 0
The stocks cleared now are American Cotton Oil common*
American Sugar common, American Tobacco common, A tch "
IM P O R T S A N D E X P O R T S FO R A U G U S T ison, Central of N. J., Chesapeake So Ohio, Chicago Burlington
The Bureau of Statistics has issued a detailed statement of So Quincy, Chicago Gas, Chicago Milwaukee So St. Paul com •
mon, Chicago & North Western common, Chicago Rock Island
the foreign commerce of the country for the month of
So Pacific, Delaware & Hudson, Delaware Lackawanna So
August, 1896 and 1895, and for the eight months ending Western, Distilling So Cattle Feeding, General Electric, Lake
August 31 in 1896 and 1895, as follows :
Shore So Michigan Southern, Louisville SO Nashville, Manhat
tan, Missouri Kansas So Texas preferred, Missouri Pacific, New
M E R C H A N D IS E .
York Central, New York Lake Erie So Western, New York So
August.
8 mos. end. A ug. 31.
New England, New York Ontario So Western, New York Sus
1896.—Exports—Domestic............. .... $66,732,452
$567,259,457 quehanna So Western preferred, Northern Pacific preferred,
Foreign................
13,722,998
National Lead common, Philadelphia So Reading, Southern
Total................................. . . . $68,652,667
$580,982,453 Railway common and preferred, Tennessee Coal So Iron, Texas
Imports—Free of duty....... .. . $20,644,871
$214,263,671 So Pacific, Union Pacific, United States Leather common and
Dutiable............... . . . 28.813,454
256,958,763 preferred, United States Rubber common, Wabash common
Total................................. .. . $19,458,325
$471,222,434 and preferred, Western Unioa and Wheeling & Lake Erie
common.
Excess of exports........................... .....$19,194,342
$109,760,019
1895.—Exports—D om estic...........
$489,360,551
Foreign................
10,026,852
Total.................................
Imports—Free of duty.......
Dutiable............... . . .
35,461,393
$499,387,403
$254,469,427
281,268,392
Total.................................
$535,737,819
Excess o f imports............................
$36,350,416
G O L D C O IN A N D B U L L IO N .
1896.—Exports................................... .. $1,972,544
Imports.......................................
4,045,685
$55,511,811
30,718,510
Excess of exports............................
1895.—Exports.............................. ..
Imports................................ .
$24,793,301
$55,766,217
28,090,483
Excess of exports ...........................
$27,675,734
G O L D IN O R E .
1896.—Exports................................
Imports.................................
$79,258
1,171,201
Exoess of imports.............................
1895.- Exports.................................
Im ports.................................
$1,011,915
$320,769
1,132,177
Excess of im p orts.......................... .
$126,260
$811,408
[Prom our own oorrespondent.l
L o n d o n , S a t u r d a y , September 12, 1896.
Attention here is being monopolized by the course of events
in the United States and the progress of the Czar and Czarina.
Much comment has been called forth by the studied cautious
ness of the Czar’s replies to the toasts of both the German and
the Austrian emperors, but in spite of all that is said the
belief is almost universal that some kind of agreement has
been arrived at between the three emperors for the mainten
ance of peace. That the Czar is anxious to avoid all serious
quarrels is not doubted ; he is not yet prepared for a great
war, and Russia has gained so much by the policy pursued of
recent years that there is no temptation to change that policy.
Everywhere, therefore, throughout Europe it is believed
that no serious disturbances will be allowed, and the settle
ment of the Cretan question is pointed to as a proof of the
correctness of this view. Even the utter anarchy in Turkey
does not disturb the optimists; somehow or other they think
skptembek 26,1896.j
THE
CH RO N ICLE.
th»t th-concert of E iropj will oe tnu i.4i>ied a id
Tur
key will ba left to stew ia her
juice. For all that, the
visits to the twj emperors hai not 1id to the rise ii prices that
was generally expected. It is now the fashion to say that the
rise will not come until the Czar arrives in Paris; that Paris
will then give the lead and will be follewai by all Europe.
Respecting Amrican alllira thtra is a somewhat more
hopeful feeling, but people here are entirely incapable of
forming any trustworthy opinion as to what will bs toe result
of the elections, and consequently they are sway id backwards
and forwards by every new piece of intelligsnos. At the same
time the opinion is very general that Mr. MiKinley will win
and that then there will be a very considerable rec ovary in
prices. As yet, however, the general publac is holding aloof
from the market, but the members of the Stock Exchange
and professional operators are buying somewhat more freely
than of late.
The gold withdrawals from the Bank of England con
tinue uoon a verv considerable scale. The greater pare is for
New Y ork, but there are demands likewise for Vienna, Ber
lin. Egypt and South Am -ric». The E jyptian demand recurs
at this season everv year. It is f or the purpose of moving
the crops and it generally amounts to between two and three
millions sterling. Usually about half is taken from London
and the other half from Paris, and the money gradually re
turns; this year the greater part of the demand seems to be
falling upon Loodoo. Tne Borlia demand is for St. Peters
burg and Vienna. The magnitude of all led the Bank of
England to raise its rate on Thurs lay from 3 per c-nt to
p’r cent, purely as a precautionary measure. The rate
had stood at 2 per cent since the 23d February. 1894. As a
consequence the j oint-stock and private banka have advanced
the rates they allow on deposits to 1 per cent, and the dis
count homes and bill brokers have done the same; yet the
rate of discount in the open m irket has not moved in pro
port i in, the real working rate being only about 1 ?g por cent,
although
and even Itg are here and there mentioned.
The supply of loanable capital is still immense and the stock
of gold held by (he Bink is b dog replenished by the large
arrivals from abroad. For all that the magnitule of the
Japanese deposit in the Bink of England cauies s ime dis
quiet.
The silver market is very quiet, but the India Council con
tinues to sell its drafts very successfully.
The holiday season is not yet over, but n»xt week it is ex
pected that there will be a m ich bitter attendance both in
London and in Paris, and that a revival of busiaess may there
fore be looked for. This week the general stagnation has
bsen increase! by tne Jewish holid lys, which have taken
awiy manv of the greatest operators. For all that there is a
very coofid -n‘ tone, and prioes have been very well sustained.
The threatened lock-out on the Clyde has been happily
averted and the smaller labor disputes will, it is expected, be
all settled without any seri ms quarrels. Trade is improving
and even theorops are turning out better than seemed probable
lately. According to a full report published by the‘ Times,”
the wheat crop throughout Great Britain is 103-3. The barlev
crop, ho wever, is not so good. H-avy rsins have oocu-rei
during the past few weeks, and the green and grass crops
are therefore promising to turn out better than seemed possible
a month ago. Further, in spite of the gold withdrawals the
impre««ion is general that money will continue abundant and
cheap; and the arrival of the Cztr in Paris is greatly looked
forward to.
There has been more buying of American securities this
week than for some time past, but the market here is not bold
enough to take any initiative ; it follows clteely every move
ment In N-w Y mk. The mining market is decidedly gaining
strength ; there is not much increase of business yet, but it is
noticeable that investors proper have not sold throughout the
long crisis, and that the gr-at mining mignatesare buying
actively now. Whenever Paris begins to bny there is almost
certain to be a very considerable advance.
Th> imports since January 1st have been as follows :
tin t
Toe exports since January 1st have been as follows :
1896.
£
21,127,168
19,683,456
20,4 32,419
18,426.699
21,334,785
20,301,566
1895.
£
18,221,236
15,973,095
18,523, >30
17,252,311
18,344,744
17,800,100
20,559,486
20,481,495
Difference,
£
+2,902.932
+3,710,361
+ 1,899 389
+ 1,174,388
+ 468,103
+2,729.953
+ 7 5,2*9
- 179.929
Per Ot,
+ 15-92
+ 23-22
+ 10*25
+6*80
4-2*55
+ 15*33
+3-77
-0 -8 7
8 months. .. 160,639,073
147,158,497
+ 13,480,576
+9-16
o w q
1896
A
3 8 .4 7 3 ,8 5 6
3 4 .4 7 6 .7 3 6
3 9 ,3 4 4 .7 5 0
35*30**800
3 3 , 3 4 * ,9 8 8
3 5 .2 2 9 ,2 5 5
3 4 .3 * 2 ,^ 5 0
3 2 .4 7 2 ,6 2 2
8 m o n t h * ... 2 4 3 ,2 8 6 ,8 1 5
IWf*r»XTS
January . . . . . .
February . . . .
M a r r t h .............
April .............
H . y ...........
...
Jane............. .
July................
A u g i u t ................
D if fe r e n c e .
A
P e r O t.
3 6 .7 4 3 .4 8 1
2 0 ,1 3 4 .4 8 9
3 5 ,9 5 * .0 9 0
3 4 ,3 4 1 ,3 .5 8
3 4 ,7 5 2 .0 -6
3 3 ,0 9 1 ,5 8 4
3 5 ,0 9 7 ,5 1 4
3 4 ,5 8 7 .3 9 8
+ 1 , 7 3 1 ,3 7 V
+ 7 .9 4 2 .2 4 7
+ 2 ,3 8 4 .9 6 9
+ 1 . 4 6 7 .1 42
— 1 .4 > 2 ,0 9 8
+ 1 3 ‘ 4 ,6 7 1
— 7 1 4 .6 0 4
— 2 ,1 1 4 ,7 7 4
+ 4 -7 9
+ 26*09
+ 6*63
+ 4 -2 7
— 4 03
+ 393
- 2 03
-6 1 1
2 7 3 ,3 5 9 ,7 6 0
+ 9 ,9 3 6 ,0 5 5
+ 3 -6 3
1895.
A
589
Exports.
Jaauarv...... . .
February ... ..
March.............
April...............
'la y .............
June.............
July................
August........ ...
The re-exports of foreign and colonial produce since January
1st show the following contrast:
1896.
1895.
D if fe r e n c e ,
£
per Ot.
4 ,8 2 5 ,7 0 7
5 ,6 3 8 ,2 3 2
4 .6 2 3 .1 !6
5 ,4 1 1 ,5 9 0
4 ,7 7 0 ,9 5 8
4 ,6 6 3 ,9 7 6
4 ,2 7 4 ,6 8 6
4 ,1 9 9 ,2 9 0
3 ,8 8 7 ,2 5 8
4 , 4 > 7 ,8 2 4
4 ,3 1 6 .5 9 9
6 ,6 0 8 ,1 1 5
5 ,2 1 5 ,7 8 5
5 ,2 8 5 ,7 7 3
4 .7 8 9 ,9 5 1
6 ,1 8 9 ,7 0 2
+ 9 3 8 ,4 4 9
+ 1 ,2 3 0 ,4 0 8
— 2 2 3 ,2 7 3
- 1 ,1 9 6 ,5 2 5
— 4 4 4 ,8 2 7
— 5 9 6 ,7 9 7
— 5 1 4 .2 6 5
-1 ,9 9 0 ,4 1 2
+ 2 4 -1 4
+ 2 7 -9 1
— 4 -6 9
-1 8 -1 0
— 8 -5 2
— 1 1 -3 3
— 1 0 -7 5
— 32 15
3 8 .4 1 2 ,7 6 5
4 1 ,2 1 1 ,0 0 7
— 2 ,7 9 8 ,2 4 2
— 6 -7 9
£
R e-e x p o r t s .
J a n u a r y ............
F e b r u a r y _____
M a r c h ..................
A p r il.....................
M a y ......................
J u n e .......................
J u l y .......................
A u g u s t .................
8 m o n th s. .
£
The rates for money have been as follows :
Interest allowed
for deposits fly
Open Market Kate*.
i
Bank BWs.
Trade Bills.
THsc't Wet
£
*
Three Four
Six
Three Four
Six
Stock At 7 to 14
Jfont he Montha Montha Montha Montha Montha Banks. Call. Days.
Aug. 11 2 13-16 13-10 ht-15-ia 1
X
1@1V4 IX
X
X
“ 81 2 15-16 15-10
X
t
X
i x a ix
IX
X
IX
** 88 S 1XS1X 1*4*14 IX
X
X
154
X
IX
13-16 1*
X
Sept. 4 2
54
IX
X
IX
IX
1
1
1
ll • 19*0194 ix ® ix i « '» !
8
2*
2X
• m September 10.
t 131 1-18
The Bank rate of discount and open market rates at the
ohief Continental cities have been as follows:
Rates Of
Interest at
Paris..............
Berlin*............
Hamburg.......
Krank fort.......
Amsterdam....
Brdssela..........
Vienna...........
9t. Petersburg.
Madrid...........
Copenhagen...
Sept. 11
Sept. 4
Bank Open Rink
Rate. Market Rate.
4
8
IH
3
4
3X
a
4
3X
3
4
8K
8
3
8
8
3
14
4
4
3H
0
0
6X
5
5
5
3X
3X
3X
Aug. 21.
Au]. 21.
Open Bank Open Bank Open
Market Rate. Market Rate Market
2
8
IX
IX
IX
3
3
24
2X
354
3
3
m
2X
2X
3
3
354
2X
2X
3
8
3
IX
2X
8
3
14
IX
IX
4
4
354
354
3X
0
6
ex
94
«x
5
5
5
5
8
34
34
3X
3X
3X
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &o.,
compared with the last three years:
Circula'ion ... ......................
Public deposits. .....................
other deposits ......................
Core rumen t securities............
Other securities.......................
deserve of notes and o-In.. ..
Coin A bullion, b >th departm'ts
Prop, reserve to liabilities., p. c.
Bank rate
..per cent
Ooosols, 24 per cent .. ......
silver
..............................
Clearing-House returns ....... .
1895.
Sept. 11.
£
20.310.950
0.022.593
47,471,090
14,792,304
21,007.377
32.188.006
4l.399.U10
am
2
112 9-10
107 1+10
30 9-101. SO9-l0d.
113 135.000 111,213,000
1890.
Sept. 9.
£
27.111,350
7.010.380
50.341.020
14,941.995
28.389.130
33.379.077
43,731.097
66 5-10
1894.
1893.
Sept. 13.
Sept. 12.
£
£
25,530.210 26.755.405
3,3:30.137
4,023,432
89.947.379 29,925,914
9.889.341
11,589,427
19.032,005 24.299.077
31,130.311 17 534.590
99,810,521 20,810.000
62 9-18
704
4
2
93 3-10
102 5-10
29 5-16d.
3441.
87,010.000 90.2U.OOO
• S ep tem b er 10.
VIissrs. Pixley & Aball write as follows under date of
September 10 :
O olrt— T h e d e m a n d f o r g o ld h a s o o n t in u o d v e r y k e o n d u r in g th e o a s t
w e*
A u s t r ia a n d 111- U n i t e ! S t a r - s a i d t h e r e h i v e a l s o b e e n
wi ll t r a v e l s f o r E g y p t
T h e B a n k r a is e d i t s s a ilin g p n o s f a r b ir g o ld
o n th e rth t o l 7 8 » .. a n l t o - d i v f o r E i g l e s . to 7 8 s 7 X I . , h e -i le s r t is m g
th e R i n k r i t e t o 2 4 p e r c e n t .
A lt o g e t h e r d u r in g th e w e e k th e B a n k
h a - mo!' 1 IQ b a r s £ > 7 0 .0 0 0 a n d I'l E a g le s £ 7 7 0 0 0 >; w h ile In s o v e rrilgn-* £ 12 i.O • •h a s l>e»*n r e c e iv e d f r o m A u s t r a lia a n d £ 1 2 «,0 0 w it h
d r a w n fo r E g y p t . m i k i n g a t o t a l w itu d r a w a l f r o m th o S i n k o r
£ 1 .3 .5 1 .0 n > . i h p m m t s : J a p i a . £ 1 1 ,0 > 0 . A r r iv a ls : A u s t r a lia , £ i 2 6 , 0 0 ';
B o m b a y . £ - 2 , 0 0 0 ; S o u th A f r ic a , £ L 6 .3 ,U O J ; O h u l, £ L j ,0 0 J ;
E iftt A f r i c a . £ 1 , 0 0 0 ; t o t a l. £ i d 7 , 0 ) J.
.
„
,
S i lv e r — S ilv e r o o m lu u e d i s t e a d y m a *k -*t a t 3:13a l. u n t il th e P i r i s
o r d e r w a s tille d , w h e n w it h a o « « 3 * t i o a o f t h e I i l l i a d ’O iiu d a a &
s o m e pre-!-*ure o f “ a le e th e p r ic e fe ll to 3 0 4 1 . a t w ill ih it o lo s e s w e a k .
S h ip m e n t .* : Ii n u b i v £ * i, > 0 0 ; C a lc u t t a , £ 1 7 , O JJ. A r r i v a l s : N o w
Y o r k , £ 1 4 2 , O H ); O h tll, £ Vi.QUO.
,
,
_ „
M e x ic a n D o l la r s —T h e r e h a s o n ly b e e n a am i ll b u s in e s s in d o lla r s
a n d t h e p r io e is s t ill th e m o lt in g v a lu j
A r r i v a l : M e c ic c . £ 1 0 , 0 0 0 .
The quotations for bullion are reported as follows:
Gold .
L o n d o n S ta n d a r d .
S e p t. | S ep t. 1
10.
n.
B a r g o ld , fin e . . . . o z .
B a r g o ld , parti n g .o z .
S p M U ih , o l d ........... <
►
/>
Vow .......................... nz.
U. 8. g o ld c o i n . . . o z .
GeruTn g o ld c o i n .o z.
F r e n c h g o ld c o lu .o z .
77
75
76
76
76
76
76
3.
tl. H. d.
11% 77 10%
OX 77 11X'
1X!76 lXi
2 X 7 6 2X
7X176 7
3%l76 3%!
3%'76 3%l
SlLVKtt.
Loiulon S ta n d a r d .
S ept.
d.
B a r s t iv e r , f l n e .-.o z .
B a r s i lv e r , c o n t a in
in g 5 g r s . g o l d . . o z .
(Jake s i l v e r ............ o z.
M e x i c a n d o lla r s .o z .
S ept.
10
d.
30*3
30’ s
3078
32 78
29 )a
31
33'ta
29’ s
The following shows the imports of cereal products into
the United Kingdom during the first week of the new
season compared with previous seasons:
THE CHRONICLE.
540
EXPORTS AND IMPORTS OF SPECIE AT N EW YO RK .
IMPORTS.
1893.
1896.
1895.
1894.
1.433.981
Importsof wlioat.owt.
1,401,500 2,226,100 1,476,131
444,457
Barley .......................
220,430
512,920
675,956
366,735
Oats.
................
440,800
107,580
331,118
41,073
Peas.............................
37,133
84,9-10
29,701
252,028
Beans..................
48,000
152,300
128,888
807,580
Indian oorn___ _____ 1,459,400
1,177,700
570,048
613.259
F lo u r..........................
392,420
405,390
316,259
Supplies available for consumption (exclusive of stocks on
September 1):
1893.
1894.
1895.
1896.
1.433.981
1,476,131
2,226,100
Wheat imported, cwt. 1,401,500
613.259
316,259
405,390
Imports of flour.......
392,420
509,852
174,347
235,139
Sales of liome-grown..
625,833
Total..................... 2,419,753
2,866,629
1,966,737
2,557,092
1896.
1895.
1894.
1893.
Aver.prioe wheat,wook.23s. Id. 23s. Id.
22s. 7d.
25s. 5d.
The following shows the quantities of wheat, flour and
maize afloat to the United K in g d o m :
This week. Last week.
1895.
1894.
W heat................ qrs.1,205,000
1,180,000
2,127,000 2,233,000
Flour, equal to qrs. 365,000
365,000
183,000
339,000
M aize............... .....1,250,000
1,210,000
720,000____ 231,000
E n g lis h
F in a n c ia l
M a r k e t s —P e r
C a b le .
The daily closing quotations for securities, & c ., at London
Sat.
L ondon.
Silver, per ounce.......d. 30’-.
3Jonsols.,new, 2%p.cts. HOixe
For account...............110*6
Fr’ohrentestin Parisjfr. 102-15
Atch. Top. & Santa Fe. 12
Canadian Pacific.......... 59 k
Chesapeake & Ohio...... 137s
Chic. Milw. & St. Paul. 72=8
Denv. & Bio Gr., p r e f.. 42
Erie, com m on............... 13*4
1st preferred............. 29*2
Illinois Central...........
91*4
Lake Shore................... 148k
Louisville & Nashville. 4178
Mexican Central, 4s ... 68k
Mo. Kan. & Tex., com.. 10*4
N. Y. Cent’l & Hudson. 95*4
N. Y. Ontario & West’11 13
Norfolk & West’ll, pref. 13k
Northern Pacific, pref. 19%
52*^
8
Piila. & Read., per sh..
South’n Railway, com ..
7k
Preferred.................... 21%
Union Pacific................
57s
Wabash, preferred....... 13%
Lxm ,
[V o l .
Mon.
lues.
Wed.
Tliurs.
Fri.
303,e
1103,8
nok
102-20
12k
59 k
13%
73%
43
13k
30*2
91*4
148*2
42%
68k
10%
95k
13*8
133s
20
53
8%
7k
21%
6k
13»4
SOHe
10 d 16
109k
109-90
1238
59%
14*4
73*4
43*4
13*4
30
9 lk
149*2
42k
68k
10%
95k
13 k
133a
20%
53*4
8%
7%
22*4
6*2
14*4
30*4
1091,6
109*2
109 90
12k
59%
14*2
73
42 »4
13*8
30
91k
149 k
41k
68*2
10*2
95k
13*4
133s
20%
53*4
9*8
7%
21%
6%
14
305iq
10959
1095a
10200
12%
59%
14*2
73 k
43 k
13%
30k
91*2
14934
4234
68k
10*2
95*4
13k
13k
21*8
5334
9k,
7%
22k
638
14*4
30»(h
i0 9 k
109k
01*9 / *2
12%
59*2
15*4
74
43
13 34
30*2
92
150
42*4
10*2
13%
1334
21
9k
77e
22 »4
6%
15
©0 w m e r c ia l atitl H X tsccIlinicoxts U enrs
Exports•
(Sold.
Week.
Great B ritain........
France.....................
Germany.................
West Indies............
M exico....................
South America.......
All other countries.
CORPORATE EXISTENCE EXTENDED.
8,343.—The Union National Bank of Mount Holly, New Jersey, until
September 9, 1916.
INSOLVENT.
Week.
Since Jan. 1*
$12,089,260 $2,721,590 $24,891,388
8,357,541
2,928
5,106,907
9,400,191
27,002,066
1,739,413
625,996
300,400
4,979,372
62
605
227,907
2,828,817
113,115
924,181
40,0001
73,347
Total 1896..
Total 1895..
Total 1894..
... $50,913,742 $4,881,051 $45,603,293
$1,788,377 66,937,537:
116,345 23,343,332
r>,000: 84,285,296'
266,839 14,242,788
Exports.
Im ports.
Silver.
Week.
Since Jan. 1.
Great B ritain........
France.....................
Germany.................
West Indies............
Mexico....................
South America.......
All other countries.
$885,215 $33,816,992
95,363
3,457,189
84,846
379,521
1,683
Total 1896..
Total 1895..
Total 1894..
$982,261 $37,843,597
677,631 27,316,169
672,333 25,204,813
Week.
Since Jan. 1$13,277
6,176
5,761
253,063
689,703
1,168,546
56,432
3,240
7,291
83.420
103,278
1,771
$93,951 $2,192,958
1,495: 1,431,561
79,560' 1,299,739
City R ailroad Securities—Brokers’ Quotations.
B id .
A t la n . A v e . , B ’ k l y n —
C o n . 5 s , g ., 1 9 3 1 . . A & O
I m p t . 5 s , g ., 1 9 3 4 .. J & J
B le e k . S t. & F u l.F .— S tk .
1s t m o r t . , 7 s , 1 9 0 0 . J & J
B r o o k ly n R a p id T r a n s it.
8 ’ w a y & 7 t h A v e .—S t o c k .
1 s t m o r t ., 5 s, 1 9 0 4 . J & D
2 d m o r t ., 5 s, 1 9 1 4 .J & J
B ’ w a y 1 s t , 5 s, g u a r .1 9 2 4
2 d 5 s , i n t . a s r e n t ’ 1 .1 9 0 5
C o n s o l. 5 8 , 1 9 4 3 . . . J & D
B r o o k ly n C i t y — S t o c k . . . .
C o n s o l. 58, 1 9 4 1 ...J & J
B k ly n .C r o s 8 t ’ n 5 s .l 9 0 8
B k l ’ n . Q ’ n s C o .& S n b . 1 s t
B k ly n .C . & N ’ w t ’ w n — S t k
5 s , 1 9 3 9 . . . * ..........................
C e n tra l C r o ssto w n — S tk .
1 s t M ., 6 s , 1 9 2 2 . . . M & N
O e n .P k . N . & E . R i v . — S tk .
C o n s o l. 7 s , 1 9 0 2 . . . J & D
C o lu m b u s & 9 th A v e . 5 s.
O h r is t ’ p ’ r & l O t h S t - S t k .
1 s t m o r t ., 1 8 9 8 . . . A & O
A sk.
§104*3
29
§106
85
31
108
21
22
B id .
D. D . K . B . & B a t ’ y — S t k . 1 6 1
1 s t, g o ld , 5 s, 1 9 3 2 .J & D 3 09
S c r i p ....................................... § 1 0 0
E ig h th A v e n u e —S t o o k ... 3 25
A ik .
165
112
101
335
1 1 2 *a
110
320
4 2d & G r . S t. F e r .— S to c k 310
60
1 93
1 2d S t. M a n . & S t .N . A v .
50
........
106
1 15
§103
1 s t m o r t . 6 s, 1 9 1 0 .M & S § 1 1 1
60
110
§1 0 8
2 d m o r t . in c o m e 6 s . J & J
§110
1 13
L e x . A v e . & P a v . F e r r y 5 s . 112**3 1 1 3
104
99
§100
M e t r o p o l it a n T r a c t i o n . ..
98
115
115 *3 N in t h A v e n u e — S t o c k . . . 1 5 7
164
1 66
S e c o n d A v e n u e — S t o c k .. 140
1 1 0 *s
1 s t m o r t . , 5 s , 1 9 0 9 .M&JN 1 0 3 H
103
103
D e b e n t u r e 5 s, 1 9 0 9 . J & J 1 0 1
08
i’oo S i x t h A v e n u e — S t o c k ___ 1 85 1 9 5
161*2
160
T h ir d A v e n u e — S t o c k . . . 1 50
120
§1 0 7
116
1 s t m o r t ., 5 s, 1 9 3 7 . J & J 119
197
T w e n ty -T h ir d S t .—S t ’ k . 300
100
1 05
§115
D e b . 5 s , 1 9 0 3 ...................
96
103
150
160
Un i o n R y —S t o c k ..............
108
103*8
1 s t 5 s, 1 9 4 2 ......................... -,1 0 1
102
112*3 1 1 3
W e s t c h e s t ’ r , l s t , g u . , 5 s . J1 0 1
150
1 66
102
§ And accrued interest
x Ex-dividend.
Q-as Securities—Brokers’ Quotations.
G A S C O M P A N IE S .
N a t io n a l B a n k s .— The following information regarding
national banks is from the Treasury Department:
Imports.
Since Jan. 1.
B ’ k l y n U n i o n G a s —S t o c k .
B o n d 8 ......................... .. ........
C e n t r a l................. ...................
C o n s u m e rs’ (J e r s e y C ity ).
B o n d s .......................................
J e rs e y C ity & H o b o k e n ..
M e t r o p o l it a n — B o n d s .........
M u t u a l ( N . Y .............. .........
N . f . & E a s t R i v . 1 s t 5 s ..
P r e f e r r e d ...................
C o m m o n ........................ - . . . .
C o n s o l. 5 s
...........
B id .
A sk.
94
104*2 105
......
165
75
10 i
98
—
180
110
108
2L8
208
99*s
98
65
57
34
......
88 89*2
90
G A S C O M P A N IE S
Peoples’ (Jersey City)__ 1 7 0 1 75
Williamsburg 1st 6s __ 1 0 4
Fulton Municipal 6s...... . 1 05
Equitable....................... 1 95 205
Bonds, 6s, 1899 ........... n o 114
58
St. Paul...... .................... 5 0
82
Bonds, 5s.......... —. ....... 79
Standard p r e f----- ----- 100 104
81
78
Common__ ____. . . —
68
Western Gas
----87
Bonds, 58........ ............. 8 5
_____
2,535.—The Sioux National Bank of Sioux City, Iowa, is insolvent, and
was on September 9,1896, placed in the hands of Jonathan
W. Brown, Receiver.
4,659.—The Citizens’ National Bank of San Angelo, Texas, is insolvent,
and was, on September 9,1896, placed in the hands of Charles
NOTE.—Prices are moitly nominal.
A. Dailey, Receiver.
§ And acorued interest.
3,978.—The American National Bank of New Orleans, Louisiana, is
insolvent, and was on September 10, 1896, placed iu til •
bands of Frank L. Richardson, Receiver.
A uction Sales.— Am ong other securities the following, not
1 ,6 4 9 .-The First National Bank of Helena, Montana, is insolvent, and regularly dealt in at the Board, were recently sold at auction.
was on September 11, 1896, placed in the hands of Erastus
D. Edgerton, Receiver.
B y Messrs. Harnett & C o.:
4,171—The Bennett National Bank of New Whatcom, Washington, is
Shares.
insolvent, and was, on September 19, 189 5, placed in the 50 American Exchange National
Bank.............. ................................ 167
hands of Charles Clary, Receiver.
B y Messrs. Adrian H . Muller & Son:
I m po rts a n d E x p o r t s f o r t h e W e e k .— The following are
Shares.
I
Bonds.
the imports at New York for the week ending for dry goods
20 Nassau Tr. Co. of B’klyn.127% |$50,000 notes Tenn. C en t.)
RR. Co., dated 1814, and 1
50 Phenixlns. Co. of B’ klynl3 2
Sept. 17 and for the week ending for general merchandise
endorsed by them one |
25 3d Ave.RR. Co. ex rightslol
Sept. 18; also totals since the beginning of the first week in
year after date. Interest} $650
12 Cin. Ham. & D. R’ y Com. 28
January.
at 6% and
35 James Curran M’f g Co.. 82
FOREIGN IMPORTS AT NEW YO RK .
32 Atlan. & Chari. Air L. Ry. 95 I $150,000 Tenn. Cent. RR. |
| Co. 1st 5s .........................j
1894. '
For week.
1896.
1895.
1893.
Dry goods.......
Gen’l mer’dise
$1,740,723
5,003,978
$2,829,938
6,945,856
$2,782,106
4,857,285
$1,640,050
5,316,599
$9,775,794
$7,639,391
$6,956,649
$6,714,701
T o ta l........
Since Jan. 1.
Dry goods....... $83,387,799 $107,073,991 $61,906,270 $99,484,259
Gen’ l mer’dise 241,753,016 263,500,952 245,089,057 320,392,82 7
Total 37 weeks $325,140,815 $370,574,913 $306,995,327 $419,877,085
The imports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
pecie) from the port of New York to foreign ports for the
week ending Sept. 21 and from January 1 to date :
R a n k in g
anti
I fm a n c t a l.
Spencer Trask
& Co.,
BANKERS,
27 & 2 9 F I N E
STREET,
-
-
BANKERS,
N O . 36 W A T T S T . , N E W
1895
1894.
1893.
$7,782,898
$6,881,471
$7,939,043
For the w eek.. $7,544,921
Prev. reported 260,661,206 232,297,457 253,956,570 258,59 3,007
Total 37 weeks $268,206,127 $240,080,355 $260,838,041 $266,529,050
The following table shows the exports and imports of specie
at the port of New York for the week ending Sept. 19 and
since January 1, 1896, and for the corresponding periods in
1895 and 1894:
YORK.
S a m u el D. D avis & Co.,
EXPORTS FROM NEW YO R K FOR THE W EEK.
1896.
NEW
65 State Street, Albany.
I N V E S T M E N T
S E C U R I T I E S .
S a m u e l D. D a v i s .
George Ba r
clay
M
o
Moffat.
f
YORK.
C h a s . B. V a n N o s t r a n d .
f
A
a
t
&
W
M. W
lexander
h
i t
e
h it e
, Jr
,
BANKERS,
30 F I N E
S T R E E T
INVESTMENT
SECURIT
N E W Y O K K .
S.
THE
S eptember 26, 1896.]
bankers' (*ia*ette
CHRONICLE.
♦
_____
O I V I B B !f DR.
Xante o f Oomoany.
K a llr o a d * (S te a m ).
Chlo. Rock l»i. A Piielfle (qaar.)
DeL Lack. A Weal, (qaar.) . .
Keokuk A Western.....................
X. Y. Ceot. A Had. River (quar.i
Norfolk A (Southern (qaar ) ........
Pitta. Ft.W. A C.,spec., guar, (qr )
do
do
reg.. guar (qr.)
Sunbury A Lewistown .............
Utica A Black Kiver, guar.........
West Jersey A Seashore. .. ...
s tre e t H a llw a y * .
Louisville (Ky.» Hy. com ..........
do
do
prv f ........... i
Metropolis nTraefn, N.Y'.tqoar.)
National Hy . St. Louis (quar ).
UauliM.
Chatham National <qaar.>. .
T r u t t C o m p a n le * .
Continental (quar ) ..................
Mercantile (qu^r.).......................
rila ce lia u e o a a .
American Bell Telephone (quar.)
Arnetlean Grocery, 1st pref. ...
Cent. A So. Aliter. Tel’ gb (quar.)
Edison d e e . III., N. Y. (uuar.) ..i
Journeay A Burnham, pr.tquar )
Mexlc . n Telegraph (quar.)........
Postal Telegrv ph-Cable (qaar ).. j
Procter A Gamble, pref. (quar)
Standard Goa Light, com ...........
T-xaa A Pact Ho Coal...................
Utlted G » Improvem’ t (quar.).
Per
Cent.
When
Payable.
Books close t.
(Days inclusice.)
541
st lling p a r; New Orleans, bank, par ; commercial, 81 75 discount; Chicago, 90c. per §1,000 discount; St. Louis, 30c.®
50c. per §1,000 premium.
Posted rates of leading bankers follow:
Sept. 25.
Sixty Days.
Demand.
Prime bankers’ sterling biUs on London.. i 82 @4 83 4 844® 4 85
,’ rime commercial...................................... 4 81
8II4
Documentary commercial........................ 4 80%®4 80%
Paris bankers’ (francs).............................. 5 22%-5 2U31t. 5 191516@5 20
Amsterdam (guilders) bankers................ 3911 ® 3934 39i5]a ® 40
Frankfort or Bremen (reichmarks) b’kers
94% ,@945jf« 95 ® 951,«
Nov.
-.Oct. 2 to Oct. 11
Oct. 20 Oot. 6 to Oct. 20
1 Sept. 24 to Oot. 1
Oct.
Oct. 15 Oct. 1 to Oct. 15
Oot. 10 Oot. 1 to Oot. 11
1 ----------to -------Oot.
6 ------- t o -------Oct.
United States Bonds.— Government bonds have advanced
1 ----------to ------4
Oct.
and close at the highest p rios of the week. Sales at the Board
3% Sept. 30 ------------ to —
include §236,500 4s, coup.. 1925, at 1155g to 11 6^ ; §32,000 4s
5 ---------- to ----2 % Oct.
coup., 1907, at 1073.£ to 107Jg; §8,500 4s, reg , 1925, at 1161£;
lVl?
1 Sept. 24 to Oct. 1 §1.000 4s. reg., 1907. at \W % , and §17,000 5s, coup., at ll O j/t o
2%( Oct.
OcL 1 to Oct. 20 l l i q . The following are closing quotations:
1*4 Oct.
- to ---------1% IQct.
Interest Sept. Sept. Sept. Sept.
4
Oot.
IjSept 26 to S co t 30
Periods
19.
21.
22.
23.
1% Oct. 10 Oct. 2 to Oct. 11 2s..........
0.-M61. • 91 * 92% * 92 * 92%
-reg3
jOot. 1 Sept. 24 to Sept. 30
•reg. i - I a u . *106 *106
4s, iau7
100% ■10H%
48,1907. . . . .ooap
3
’Oot. 15 Oof.
1 to O ct 14 is, 1925............ reic. |-r*a.,*1074 107V 107V1074
L
-F
eb
.p
ll5
4
.H
l5
4
*
116 *116 ,
3
On dem.i------ t o ---------------- 4s, 1925.. ...... ooap.
Feb. -115 s. 116
1164 1164
Oct.
6 Oct.
1 to Oot. 6 5a, 1904.. ... ...roc. ’ F
e
b
.p
lio
q
*1104
*110
4 'l i o v .
1% Nov.
2 Oct. 15 to Nov. 3 5s, 1904 . .. .ooup.
Feb 1104 11>4 1104‘ 1104
2
Oct.
1 Sept. 22 to Oot
5 6s. inr’ov,,'97. .reit. , * J. lOu
*1004
*1004
‘ lo o 's
24 0*t
I t Oct. 8 to Oot. 14 6a. oar’oy,1
J. £ J. ’ 1024*103 '1024*103
1
O ct
15 Oct. 5 to Oct. 15 6s, onr'ey.,’98...reg.
,'99...reg. J. * J. ’ 104 *1044*101 *1044
2
(Oet
1* 8ep t 24 to O ct 14 is, (('her.) 1896.
March. ’100 *10O *100 *100
*eg.
1
Oot.
9 O ct
1 to O ot
9
(Cher.) 1897. reg. March. '100 *100 *100 *100
1
Oot. 20 O ot 1 to Oot. 20 4s,
March.
1898.
ree.
4«,
(Cher.)
■loo *100 *100 *100
2
O ot 1 5 -------t o ----------------- is, (Cher.)11899. rev. March. HOO
MOO *10O *100
* This is the prioe bid at the morning board, no sale was made.
W 4 L I . (STREET. F R ID A Y . HEFT. 2 3 , 1 H 96-5 I*. .71.
The Money Market and Financial Situation.— A n in
United States Sub-Treagury.—The following table sh ow 8
creasing volume of business in W all Street and advancing receipts and payments at the Sub-Treasury.
irioes for all elastics o f securities reflect the more hopeful
eeltng which now prevails in financial circles. Commission
Receipts.
Date.
Payments.
houses and leading hankers reporta better inquiry for in vest
Coin.
Coin CerCs. Currency.
ment securities. This inquiry oomee largely from investors
$
!
$
$
$
1
who have been out o f the market for some time past.
3,774,609 126,754 239
Sept. 19 4,416,586
1,183,312 64.985,715
Chief among the reasons for the changed condition is the
•* 21
2,5 26,583 5,114," 47 125,778,302
1,383,805 63,172,995
•i gg 3,03 *,048 4.803,021 125,661,379
1,382,327 61,518,423
political outlook, which is improved by each day’s news of
“ 23 2,575.901
3.667,766 124,764,303
1,22 i,341 61,481.620
the progress that is >eing made in the campaign. Another
“ 24 2,880,670
2,659,662 124,612.192
1,252,642 61,826.438
feature which lias a tendency to inspire confidence is the
** 25
3,545.433
4.218,931 127,139,148
1,219,833 58,658,743
Treasury gold reserve, which has now reached the sum of
Total 18,978,221 24,23 *,786
$119,734,903, and gold continues to come in. The action of
the Bank of England managers yesterdav in raising the rate
Coins.—Following are current quotations in goifl for coins :
o f discount to 3 per cent had no immediate effect at this
Sovereigns...........84 81 » $ 4 89
Fine silver bars... — 66 ® — 6 64
center except to strengthen demand sterling exchange. The Napoleons........... 3 85 a 3 90
Five francs...........— 03 a — 9 5 4
London markets have been quiet, especially for American X X Bciohmarks. 4 70 ® 4 80
Mexican dollars.. — 5 0 4 a — 52
Do uncom'clal.. — ___a — . . . .
securities, under the influence o f some apprehension in re 25 Pesetas........... 4 77 a 4 81
Span. Doubloons. 15 55a 15 75
Peruvian sols...... — 4 64® — 47
gard to the Turkish situation.
M«x. Doubloons.l5 5u 915 75
English silver___ 4 80 ® 4 00
One of the features of the week was the advance in the Fine gold bars... Bar a 4 prem U. 8. trade dollars — 65 a — 75
price o f wheat. which advance has now reached about nine
State and Railroad Bonds.— Sales of State bonds at the
cents per bushel since Sept. 1. This is doubtless due to a
speculative demand, but may prove to be o f importance in Board include $8,000 Alabama, Class A , at 94 to 95; Alabama
currency funding 4s at 94; §1,000 Tenn. settlement 3s at 77
checking the exitort movement.
There is a tendency to easier conditions in the money mar and $2,000 Virginia fund, debt 2-3s of 1991 at 57.
A decided improvement is noted in the market for railway
ket. Out-of-town banks are taking some commercial paper,
bonds, although transactions of importance are limited to a
and the rates for both call and time loans are lower.
The open market rates for call loans during the week on few issues. 1 lie Readings have been most conspicuous both
stock and bond collaterals have ranged from 3 to 6 per for activity and advance in price. The final act in the
cent. To-day’s rates on call were 8 to 5 per cent. Prime Reading foreclosure proceedings has been consummated and
a call for the last instalment of the assessment has been
commercial [taper is quoted at 7 per cent.
The Bank of England weekly statement on Thursday issued within the week. Sales o f the bonds f ave been large
to 5 ^ per cent. Other fea
showed a decrease in bullion of £990,944. and the percent and they have advanced from
age of reserve to liabilities was 55’ 46, against 50*14 last tures of the active list, which have advanced from 1 to 3 per
cent,
include
the
Atchison,
Kansas
Pacific, Mo. Kan. & Texas,
w eek ; the discount rate was advanced from 2 q to 3 per
Texas & Pacific, Rio Grande Western, Noithern Pacific, Ore.
cent. The Bank of France shows a decrease of 21,169,000
Short Line, Erie, Clies. & Ohio, Ohio Southern and Southern
francs in gold and 2.528,000 francs in silver.
The New York City Clearing-House banks in their statement Railway bonds. Some activity is noted also in the Bur
of Sept. l9showed an increase in the reserve held of $1,767,000 lington & (Quincy, Rock Island, Union Pacific, Louisville &
an ! a surplus over the required reserve of $10,454,375, against Nashville, Wabash and W est Shore issues.
Railrouil nrul Miscellaneous Stocks.—Notwithstanding
$8,767 ,825 the previous week.
the fact that interest in the stock market lias been confined
ohiefly within the walls of the Stock Exchange, there has
1806.
D Weren't from
1895.
1 1894.
been a general upward movement o f prices during the week.
Sept. 19.
Free. week.
Sept. 21.
ScjjL 22.
This is due largely to the belief, which is gradually increas
•
•
ing in the Street, that sound money principles are to prevail
*
*
Capital................ 60,622.700
...............
62,622,700
61,622,700
Surplus............... 78,015.600
.............
71,542,100 71,041,900 in the coming election and that an era of prosperity will
Loons A dUc'nt*. 451.889,300 Dec. 809,500 517.212.9C0 497,919,400 follow. Both the bond and stock markets were strong and
Circulation........ 10.221.100 Inc. 509,400 13,800.500 10,440,5U0 relatively active to-day, with a substantial advance in quo
Net deposit*....... 445,976.100 Inc. 321.800 5' 8,164,400 597,928,190
Specie.................. 53,435,300 to e .1,473,500 61,970,000' 01,862.400 tations.
Reading has been one of the features of the week under
Legal tenders___ 68.513.100 Inc. 293,500 100,089,000 115,091,300
Reserve held....... 121,948.400 In c.1,767.000 162,059,600 206,956.700 the influence of important progress in the reorganization.
Legal reserve___ 111.494.025 Ice .
80,450 138,616,100 146,982,025 It sold at 19:,3 on Wednesday, when the sales reached over
52,000 shares, an advance of over 4 points within the week,
Surplus reserve 10.454,375 In c.1,686.550 22,413,500 59.974,675
but has declined to 18. .Manhattan Elevated has been strong
Foreign Exchange.—The market for foreign exchange has on reports of increasing earnings and rumors of an alliance
been dull and easy, with an abundant supply of commercial with the Metropolitan Traction Company. The grangers
bills. Rates were generally steady until Thursday, when have advanced an average of over 2 points, Lake Shore over
they showed a tendency to harden. Gold imports are con 3 points and Central of New Jersey 2 points.
Of the industrial list American Sugar has been the active
tinued.
To-day’s actual rates of exchange were as follows: Bankers feature, fluctuating between 110}^ and 114>£. U. S. Leather
preferred
has been in demand and advanced 8 per cent
sixty Jays’ sterling, 481
81 4 ; demand, 4 83^4@4 84;
on reports of better trade conditions and the possibility of a
cables, 4 8 4 ^ « 4 8 4 #
per cent on liberal
The following were the rates of domestic exchange on New dividend. Western Union has gained
York at the under-mentioned cities to-day: Savannah, buying buying. American Tobacco has recovered a part of the
1-16 discount, selling par j Charleston, buying % discount, decline noted last week.
J
%
l\
1
1
1
1%
l\
542
THE CHRONICLE.
[V o l , LX III.
NEW YORK STOCK EXCHANGE — A C T IV E STOCKS f o r week ending SEPT. 2 5 , and since JA N . 1, 1S 96.
Sales of
HIGHEST AND LOWEST PRICES.
Saturday,
Sept. 19.
Monday,
Sept. 21.
Tuesday,
Sept. 22.
Wednesday, Thursday,
Sept. 24.
Sept. 23.
Friday,
Sept. 25.
STOCKS.
Week,
Shares.
Range for year 1896.
[On basis o f roo-share lot**]
Lowest.
1
Highest,
A c t iv e K i t . S t o c k s .
123q 12% I 27e At.Top. <&S.Fe, allinstal. paid 16,048
n % 12% ll= e 12% 12
8% Aug. 7 17% Feb. 24.
1 1 % 11=8 1 1 % 12
18
%
19%
18
17%
18%
1S78
18%
17%
18
18%
17%
.
.
1,0
prof. 14,924 14% Aug. 7 28% Feb 24
17*3
*%
*%
% Atlantic & Paeiflo..................
*%
%
*%
%
%
14% Baltimore & Ohio . .
14% *14
661 10%St*i>t. 2
14
14
*13% 14% 14% 14% 14
*1334 15
21
21 Brooklyn Rapid Transit........
§20% 20% *20% 21
214 18 Aug. 10 25% Apr. 23
*20% 21
*20% 21
*20*2 21
•5,% 58% Canadian Pacillc
- 57* 59
•57%
58% *57
58
•57
59
45% 45% 45% 46 Canada Southern...................
675 40% Aug. 7 51% Feb. 10
*44
"44
45
45% 45
45
45
*44
102% 103% Central of New Jersey............
2,732 87% Aug. 10 109% Apr. 23
100% 100% 100% 1005* 102 102% 101% 103% 102 102
215 13% Aug. 22 15% Feb. 15
*13% 14% 13% 13% *13% 14% *13% 14>4 §13% 1338 143s 1438 Central Pacitle
5,462
14
14
14% 14% 14% 14% 15% Chesapeake* Ohio................
*13%
13% 13% 14
216 155 Apr. 2
*152 157 *152 “ 157 *152 156 §155 155 §156 156 §157 157 Chicago & Alton___
6S7s
70%
69%
76,054
681%
67%
67%
68%
Chicago
Burlington
&
Quincy
53 Aug. 7 82% Apr. 24
66% 67% 67% 68% 67%
*39 . . . . .. Chicago <fc Eastern Illinois...
42
*39
*33% 42
*38% 42
*38% 42
37% Aug. 10 43 Jan. 18
*38% 42
*89
94
94
*89
*89
94
*89
94
Do
pref.
*89
94
90
Aug. 11 100% Mar. 5
94
*89
70% 70% 70% 71% 70% 7138 70% 71% 707a 72% 71% 72% Chicago Milwaukee & St. Paul 138,808 597s Aug. 10 79% .June 17
'128
129
306
§129
129%
l)o
pref.
§127%
127%
§129
129
117%
Aug. 7 130% Mar. 2
*126% 127% 127% 127%
8,347 85% Aug. 10 106% Apr. 23
987e 99% 99% 99% Chicago & Northwestern___
99% 98% 99% 98
99
98% 98% 99
*140 145
140% Aug. 2S
5914 59% 59% 61% 60% 613s 60% 61% 60% 61% 61% 62 s. Chioago Rock Island & Pacific 25,442 49% Aug. 7 74% Feb. 24
1,375 30% Aug. 8 45% Apr. 27
38% 38% 38% Chicago St. Paul Minn. & Om.
37% 37% 38
33% 36% 36% *36
38
•37
30 117 Jan. 7 125% July 3
Do
pref.
*115 118 *115 118 §117% 117% *115 119 *115 119 §118% 11S%
26%
27
26%
1,515
*24
26
25% 25% 26
Cleve. Cmcin. Chic. & St. L ...
19% Aug. 6 39% Feb. 10
26% 26%
*24
25
75
75
200 73 Aug. 7 90% Feb. 20
75
75
'1 4
15 Columbus Hooking Val. &Tol
15
*13
15
*14
15
12% Aug. 10 18*% Jan. 23
*13
14% *13
15
'13
*50
60
60
•50
*50
60
*50
60
*50
60
Do
pref.
50 June 22 60 July 22
60
*50
124 124 Delaware & Hudson...............
9*3 114% Aug. 1C 129=8 Feb. 11
122 122 §121% 122% §122% 122% 123% 123% 123 123
*153 160 DelawareLackawanna&West
100 138 Aug. 1<]
154 154 *154 160 *150 158
*153 160
n % Denver & Rio Grande............
25 10 Aug. 25 14 Feb. 4
§11% 11% *10% 11% "10% 11% ‘ 10% 11% *11
42% 42% 42% 42%
500 37 Aug. 7 51 Feb. 24
*41
42
'42% 42=%
*
725 10% Aug. 7 155a Mar 12
13% 13% 13=8 13=8 E rie .............
*12 5q 13% §13% 13% 13
13
500 27 July 29 41% Mar. 17
30% 30% 29
29% 29% 30% 303s *29% 30%
Do
1st pref.
29
*17% 19
18% 18%
220
*16% 18
*17% 19
25 Mar. 16
§26
26 Evansville & Terre Haute__
27
66 24 Aug. 15 34% Feb. 24
*26
*26
28
*26
28
*26
28
*26
28
120 120 Great Northern, pref.. . . . . .
100 108% Mar. 13 121 May 7
*112 120 *112 120 *112 120 *112 120 '114 120
90
91 Illinois Central...
90
804 84% Aug. 11 98 JaD. 31
89% 89% *89
'-89% 89% *88% 90
*88^ 90
7% Iowa Central........
100
7% *7
*7
7% *7
/%
7 % *7
5% Aug. 13 10% Feb. 7
*6%
7% *6%
§26%
26%
27
*26
225 19 Aug. 7 38 Apr. 28
*26
27
26
26
.
.
Do
pref.
*26
•
2
7
26
*25
16%
12% Aug. 1C
*14-% 15% *14% 15% *14% 15% *14% 16% *14% 16% *15
pref
815 55% Aug. 8 75 Feb. 7
65% 64% 64% 65% 65% 65% 65% . . Do
664% 64% *63 ~ 65 ' ‘ 63
146% 146% Lake Shore & Mich. Southern.
146 146
1,694 134% Jan. 7 154% June 17
145 145
145% 145% 145% 146
*142% 146
*65
70
Long
Island.......................
*66
70
*66
70
*66
70
68 July 2S 84 Jan. 7
70
*66
70
*66
40% 41 % 40
41% 39% 40% 40% 41=8 40=8 42% Louisville A Nashville........... 55,999 37% Aug. 26 55=s Feb. 24
401a 41
2
*2
2%
Louisv.
New
Albany
&Chio..
450
*2
2%
*2
1=8
1=8
2%
1%
1 Aug. 26 10% Feb. 18
3
*2
6 . . .D o
5% 5% *5
pref.
500 4 Aug. 26 24% Feb. 13
6% 6%
5%
5%
6
6
6%
6%
70,323 73% Aug. 13 113% Feb. 11
86
86% 88% 87% 89% Manhattan Elevated,oonsol
88
85% 87
85% 86% 85% 88
99 Metropolitan Traction___
94
94% 95
§92
92
*90
94
1,010
92 *........ 94
109% May 25
*90
*90
94 Michigan Central.............
90% 92
323
90
977« Feb. 11
'87
90
*87
90
14% 14% 14% 14% 15% 16 Minneapolis & St. J.ouia ___
400 12 Aug. 21 21% Feb. 21
*14
16
*14
17
14
14
*70
75
72
100 54 Aug. g 83 Feb. 21
*65
*64
70
*65
71
*65
75
Do
1st pref.
65
65
"40
45
42
200 30 Aug. 1C 53 % Apr. 22
41
*39
*37
*37
41
Do
2d pref.
*37
41
*37
10% 10
10
1,800 9% Aug. 6 133s Feb. 21
10% 10% 10% 10% 10% 10=8 Missouri Kans.o & Texas... .
10% *10
‘ 10
6,347 16 July 2C 31% Feb. 25
Do
pref.
22% 22% 23% 22% 22% 22% 23% 23% 23 % 23% 243s
22
19% 18% 19% 19% 19% 19=8 21% Missouri Paeiflo................
11,271 15 Aug. 7 29% Apr. 24
18
18% 17% 19% 19
*16% 18 Mobile &Ohio............
19
*16% 19
200 14 Aug. 10 25 Jan. 11
17
17
*16
•16
19
*15
18
Nashv.Chattanooga&St.Louis
New England... “ ..........
100 §20 Aug. 14
45
93 New York Central & Hudson.
92% 93
§92% 92% 92% 92% §92% 92% ‘ 92
1,085 ' 88 Aug. 6 99% Feb. 10
92
92
11% 11% 12 New York Chicago & St. Louis
225
9 Aug. 11 15 Jan. 22
*9% 11% *9% 11% *10
*9% i m §11% 11%
*70
75
*65
75
*65
*65
75
"65
Do
Istp ref.
75
75
67% July 28 80 Jan. 22
*65
28
28
28
*24
28
28% *24
29
Do
2d pref.
100 20 Aug. 10 35=s Apr. 13
*25
*25
28% *25
160 July 23 186 Feb. 10
*164 170 *166 168 *166 170 *165 170 *167 170 *167 170 NewYorkNewHavenA Hart.
13% 13% 13% 13% 13% New York Ontario & Western.
4,800 11% Aug. 10 157s Jan. 31
*12% 12% 12% 13% 13
13% 13
8% New York Susq. & West., new.
200
6 Aug. 11 11% Jan 31
8% *7% 8% ♦8
8
8% *8
8% *3
*7% 8%
22
22% 22
2,850 12 Aug. 8 31% Feb. 6
22% 22
22% 22% 22% 22% 23
Do
pref.
21% 22
100
t% Apr. 29
*8% 9% *8% 9% §8% 8% Norf.A Western,all instal pd.
9% Sept. 15
‘ 8% 9%
*8% 9%
58% 8%
100 t4% May 8 137s Sept. 5
*12% 13% *12% 13% *12% 13% *12% 13% *12% 13% 133s 133Q
Do pref.,tr.otfs.allins.pd.
13
13% Nor. Pao., all instalm’t paid.
t% May 23 13% Sept. 25
3,747
12% 12% 12% 12% 12% 12% 13
$11% 1 1 % 12
4,024 110 Apr. 16 21 Sept. 25
Do pref.,all instal. paid.
20% 20% 207s 20% 21
19
19% 20% 20% 20% 20
M9
*14
20 Or.Ry & Nav.Co. reo. asst. pd.
4 tlO Feb. 18 22 Apr. 14
*12
20
*12
§12% 13
*12
20
*12
20
20
100 13% Apr. 14
16
16
17% 18% Phila. <fc Beading 3dinst. pd. 146,576 t23g Jan. 7 19=8 Sept. 23
19
15% 15% 15 ®8 1658 16% 18% 17=8 19=8 18
12
12 Pittsburg Cum. Ohio. &St. L.
900 11 Aug. 7 18% Feb. 7
12
12
12
12
12
12
*11% 12
*11% 12
Do
pref.
75 40% Aug. 12 59 Feb. 27
*40
45
‘ 41
41% §45% 45%
‘ 41% 45
*40
45
*
*
*........
15
*........
*........
15
15
15
15
Rio Grande Western...............
16 Feb. 8 18% Feb. 10
Rome Watertown & Ogdensb.
127 108 Sept. 15 118 Jan. 3
§m
in
§108 110 *108 112 *108 110 *110 i f i
111 i n
*56
59
*55
59
*55
59
*55
*55
59
53
100 2% Aug. 10
3% 3% St. Louis Southwestern..........
5% Feb. 7
*3% 3% *3% 3% *3% 3%
*3% 3% *3% 3%
1,000
6% Aug. 7 13 Feb. 26
7% 7% *7% H% *8
Do
pret
8% "7%
8% 87e
*8
8%
8%
St.
Paul
&
Duluth...................
*15
17
*15
17
*17 ........
100 15 Sept. 16 27% Feb. 24
*15
*15
17
17
17
17
§84 Sept. 10 91 Feb. 10
*76
84
*76
*76
84
*76
85
Do
pref.
84
84
*76
84
‘ 76
105 Aug. 11 115 Jan. 11
*103 111 *103 111 *103 111 *103 111 *103 L11 *103 111 St. Paul Minn. & Manitoba...
15
15 Southern Paeiflo Co................
1,150 15% Sept. 22 22% Jan. 14
16
15% 15% 15% 15% 15% 15% 15=8 15% *15
6,990
6% Aug. 7 11 Feb. 6
7% 7%
7% 7%
7% 7%
7% 7 %
778 8=8 Southern,voting trust, certif.
7% 7%
21% 22
21% 21% 22
21% 21% 21% 22
22% 22% 23% Do pref., voting trust, cert. 14,342 15% Aug. 8 33% Feb. 25
*6% 7
6%
5 Aug. 7 9% Feb. 25
825
*6% 6%
6=8 6=8
6=8 7 Texas & Paeiflo.......................
6%
*6% 7
*20
35
*20
35
*20
35
35
*20
*20
35 Toledo & Ohio Central...........
"20
35
*50
75
Do
pref.
75 Apr. 6 75 Apr. 6
75
*50
75
*50
75
75
*50
75
*50
*50
3% Jan. 7 10 Apr. 21
5% 6%
6
6%
6% 6%
6% 7% Union Pacific trust receipts..
8,645
6%
6%
*538 5%
1%
1% *1% 1 % *1%
1%
1%
1% Union Pacific Denver & Gulf.
5% Feb. 13
400
1% Aug. 29
1%
♦l^s 2
1%
4% Aug. 7
6
1,220
7% Feb. 24
*5% 5% *5% 57s *5% 5% §6
*5% 578
57s 6 Wabash....................................
Do
pref.
5,580 11 Aug. 7 19% Feb. 24
13% 13% 13% 13% 13% 13% 13% 14% 14% 14% 14% 15
6
5% Aug. 27 13% Feb. 14
6%
6%
6%
6
6=s
6% 6%
6%
6%
6
6% Wheeling & Lake Erie............ 16,345
*24
25
24% 24% 25
Do
pref.
25
8,650 20% Aug. 8 40% Feb. 13
24% 24% 24% 24% *23% 25
*1% 3
*1% 3
1% Aug. 21
*1 % 3
*1% 3 Wise. Cen. Co., voting tr. ctfs
4=8 Feb. 24
*1 % 3
IT Ilscellaiieon s S t o c k s .
12% 13% 13
13% *11% 14
13
13
*12
520
8 July 20 19 Jan. 27
12% *12% 14 American Cotton Oil Co........
47
*44% 47
46
47% 47
*46
47
Do
pref.
47
47
48% 48%
701 37 Aug. 10 69 Feb. 11
5% 5%
4,941
5% 5% 55% 5%
5% 5%
5% 5=8
4% Aug. 7
6% Sept. 25
5% 0% American Spirits Mfg. Co___
*15
§15
15% 15% 15% §15% 15% §15% 16
Do
prof.
731 15% Sept. 4 21 Aug. 14
16
15% 17
113 113% 113% 114% 111% 114
110% 112% 110% 112% 111 113% American Sugar Refining Co. 233,212 95 Aug. 10 126=8 Apr. 21
99% 99^8 §100% 100% 100 100
100 100%
1,266 92% Aug. 8 105% June 12
Do
prof.
« o o % 1004 §100 100
62% 63
62
63% 61% 62% 62% 64% 63
64=a American Tobaeoo Co............ 35,625 51 Aug. 10 95 Apr. 2
62% 63
*95
98
98
*95
98
§96% 96% *95
*95
98
Do
pref.
12 95 Aug. 4 103 Feb. 13
*95
98 |
61% 60% 61% 59% 61=8 61% 62% 61% 6278 Chicago Gas Co., oerts. of dep. 23,528 44% Aug. 8 70% May 4
59% 59% 60
*144 145% 145% 146 *145 148 *145 147 $144% 144% 146% 146%lCousolidated Gas Company..
378 133 Aug. 10 164% Apr. 29
27% 28% 28% 29
28% 29=8 General Electric Co................ 10,869 20 July 16 39% Mar. 13
527% 27% 27% 28% 27% 23
21% 21
21
21
22% 22% 22=r 2238 22%lNational Lead Co...................
21% §21
*20
2,675 16 Aug. 10 28=s Apr. 21
§82% 83
•81% 85
84
Do
pref.
*80
85
§82% 83
84
337 75 Aug. 27 92 May 4
85
85
4%
4% 4%
4% 47s
4% 4 78|North American Co................
3,795
3% Aug. 7
4%
6% Feb. 24
*4% 4% *4% 4%
2,404
18%
18%
*18
19%
19%
lOVPacitio
Mail.............................
19%
15% Aug. 7 31 Feb. 10
18% 18% 19
§18% 18%
* 11 21a
•112%........ *112% .......,*113%_____ *115
840 L38 Aug. 7 164 Feb. l l
142% 142%, *142 143% 142% 143%! 142 142 >143% 143% 143% 144 iPullman Palace Car Company
66
66 %!Silver Bullion Certiiicates___ 166,000 64% Sept. 14 70 Feb. 24
66
66
*65% 66% 66% 66%! *65=% 66%' *65% 66
21%!
22%
23VTennessee
Coal
Iron
RR.._
20%
21%'
20%
22%
23,380
13 July 20 34% Feb. 10
207s 21% 21%
20% 20%
4%
4%
4%
4% 4%;U.S.Cord.Co.,tr.reo.all lns.pd.
5,335
4=8
3% Aug. 7
3% 4%
6=8 Feb. 7
*3% 3%
3% 3%!
9
9%
Pref., tr. reo. all ins. pd.
1,363
6% Aug. 8 12% Feb. 7
7%
7% 7%!
7%
7%
9% 9%'
8
9% 9%!
8% 9%! *8% 9
9
9% 9%’ United States Leather Co......
5,276
5% July 16 l l 7s Feb. 8
8
8
8%!
9
*7%
Do
pref. 27,764 41% Aug. 10 69% Feb. 14
50% 51% 51% 54%j 54% 57 V 55% 56% 56% 56% 56% 58=s
*17
407 14% Aug. 8 29 Jan. 13
18 I *17
18
18 I *17% 18%! 17
17% 17%!United States Rubber Co.......
*17
17
73
276 69% Aug. 18 89 Jan. 15
73
*72
74 1 ‘ 70
71
71 | *70
73
72
72
Do
pre f.
'71
83%' 82% 84 | 82% 83%! 82% 84
83% 84781Western Union Telegraph___ 25,564 72% Aug. 10 87% Apr 22
81
81V 82
“ Theseare bid and asked; no sale made. § Less than 100 shares 1 Before payment of any Instalment.
THE CHRONICLE.
S eptember 26, 1896.]
SEW YORK STOCK EXCII\NI»E PRICES (Continued ) - I N A C T I V E
iK io n rB Stocks.
1 1n dicates a n ils ted .
R a ilr o a d S to c k s .
A lb a n y A Su squ eh an n a......... . . . 1 0 0
Ann A -b o r ___ ____ . . . . . . — ------- 1 0 0
P referred...............
......1 0 0
B a lt. & O . S. W . p re f., n e w .........1 0 0
B ellev ille A South. 111. p r e l........1 0 0
B oston A N . Y . A i r IJ n e pref . .1 0 0
B udalo R ochester A P ltte b u r g -1 0 0
P referred_______ ________
100
B url. Cedar R ap id s A N or...........1 0 0
C hicago G reat W e s t e r n . . . . . . . ------d e v . L orain A W heel, p r e f . . . . . 1 0 0
C lev elan d A P l t t a b n r g .............. 5 0
Dee M o n e a A F oi lD o d g e .. . . . . 1 0 0
P referred ............................
100
D alu th So. Shore A A tla n tlo D . 1 0 0
P r e f e r r e d . . . . . . . 100
E v a n sv ille A Terre I I . p r e f . . . . . 5 0
F lin t A Pere M a r q u e t t e ... ------ 1 0 0
P referred .....................
. . . . -------1 0 0
d l n o l s C entral leased lin e s ------ 1 0 0
In d ia n a Illinois A I o w a ......... . . 1 0 0
K an aw h a A M ich ig a n ---------------- 100
K eoku k A D e s M o in e s............. . . 1 0 0
P referred ..................... . . . . -------1 0 0
L o n lav. St. L ouis A T e x a s ...........1 0 0
M exican C en tral......................... . . . 1 0 0
M exican N a tio n a l tr . c t f s ...........100
Morris A E s s e x ----- . . . . . . . . . . . . . 5 0
N ew J ersey A N . Y .......... . . . . . . 1 0 0
. . . . -------1 0 0
P r eferred ----------------N Y . L a ck . A W e s te r n ..................1 0 0
N orfolk A S o u t h e r n ................ . . 1 0 0
O hio S o u th ern ............ .................. . . I t * '1
P eoria D ecatu r A E v a n sv ille 1 0 0
Peoria A E a s te r n --------- . . . . . . . . . 1 0 0
B eneeslaer A S a ra to g a ....... ......... .IK>
B id G ra n d e W estern p re f. . . . . . 1 0 0
ToL St. L. A K an. C l t y t ................100;
Preferred * .............................
100
S e p t. 2 5 .
R a n g e ( t a l e s ) in 1 8 9 6 .
A8k.
Bid.
170
7
;-2o
L o w e s t.
170
6%
17%
8
7
3
131*9
10 0
105
102
10
25
17
57
51
70
68
5
5 %
4%
36
40
50
155
185
155
5
5
7
51
45
00
4
3h
10%
8
8%
13
37
85
135
5
1
9
8
%
6 % May
2
Jan.
12
J u ly
3
12
8% "
%
9
1
F eb.
M ar.
Jan .
%
%
6% 1ug.
% M ay
150
Aug.
—
00
70
70
2%
5
1%
4
174
M ay
1 % June
3
Jan .
1 8 1 % May
5
ST O C K S,
f t In d ica tes a ctu a l sales. J
S e p t . 25
I n a c t i v e St o c k s .
K In d lo a te s u n listed .
H ig h e s t.
J u ly
Aug.
Aug.
Feb.
Jan .
M ay
Jan .
M ay
M ar.
A u g.
Aug.
Jan .
Aug.
Apr.
Ju ly
Apr.
543
iH ls c e lla u e o u s S t o c k s .
1 8 3 % M ay
A d a m s E x p r e s s ................................. 1 0 0
1 1 * 4 Feb.
A m erioan B ank N o te C o IT. . .
2 9 7q Feb.
A m e ric an E x p r e s s .................... . . . 1 0 0
7
Feb.
A m e r. T elegraph A C a b le...........1 0 0
B ay S tate G as 11 ......................
50
1 3 1 % Jan.
B rooklyn U n ion G a s ....................... 100
102
M ay
B runsw iok C o m p a n y ....... ..............1 0 0
25
M ay
62*9 May
Ohio. Juno. R y . A 8 took Y a r d s .100
70
Mar. Colorado C oal A Iro n D e v e l ... 1 0 0
1 0 % Jan e C olorado Fuel A I r o n ................... 1 0 0
5 4 % May
P r e fe r r e d ................................... . . . 1 0 0
162
M ay
Colum bus A H o o k in g C o a l.........1 0 0
C om m ercial C a b le ........................... 1 0 0
9 * 9 June
00
June C on sol. C o a l o l M a r y la n d .. . . . . 1 0 0
D etroit G a s ......................................... 5 0
Edison E leo. HI. o f N Y ...............1 0 0
1 4 % Feb.
50
Feb.
Edison Elec. 111. o f B r o o k ly n .. 1 0 0
Erie Telegraph A Telep h on e . . 1 0 0
16
Feb.
Illinois S te e l........................................tOO
43
Feb
Interior C ondu it A I n s .......... . . . 1 0 0
9 2 % M ay
L aolede G a s . . . . . . . . ..................... . . 1 0 0
25
Jan.
P r e f e r r e d .......................................1 0 0
8
Jan.
3*4 Mar. M aryland C o a l, p r e f................. . . . 1 0 0
18
Feb. j M iohlgan -P enlnsu lar C ar C o .. .1 0 0
P r e fe rre d ..........................................1 0 0
12 “ Feb. j M innesota I r o n .....................
100
2 % Feb.
N atio n al L in seed O il C o ___ . . . . 1 0 0
N ation al Starob M fg . C o ..............1 0 0
1 0 6 \ Feb.
N ew C en tral C o a l............................. 100
O n tario S ilv e r M in in g ................... 1 0 0
120
Jan . O regon Im p ro v ’ t Co. t r .r o o t s .. 1 0 0
P e n n sy lv a n ia C o a l....... .................. 5 0
70
M ay
Q uicksilver M in in g ....... ..................1 0 0
3 % Feb.
6
June Tennessee C oal A Iron , p r e f . . . 1 0 0
182
Feb.
46*4 Feb
A sk .
143
146
L o w e s t.
135
H ig h es t.
Aug. 1 5 0 % A p r,
108" i i i " - 105
A u g . 1 1 6 ""M a y
J90
78
Aug.
97
M ay
17
12
A u g.
33
M ay
89
9 5 ”
7 5 % Aug.
9 5 % June
% Feb.
%
IH
% Feb.
86
Aug.
9 6 % Feb
1
% J u ly
%
4 % Jan .
119
2 0 % 1 4 % A u g.
3 4 % Feb.
80
90
90
M ay
98
Feb.
38 Ju ly
4 % M ar.
14>
.6 2 % Apr. 1 6 2 % Apr,
32
30
M ar.
36
3 2 % M ay
2 1 % A u g.
3 3 % June
89
Jan. 1 0 0 % May
59
33
35
17
78
143% " 4 5 %
124%
40
24%
80
60
59%
40
13
4%
4
5
8
J10
8
%
%
300
340
120
1%
3
1*9
14
15
t57
lie
58
117%
36
80
18*9
40
90
Feb.
15
• N o price Frid ay ; la te s t prlee this w eek.
R a n g e ts a le s ) i n 1896.
B id.
5
12
35
80
A p r.
Aug.
Feb.
J u ly
Feb.
62%
75
35
30
86%
Jan,
A p r.
Feb.
Aprs
A p r.
Feb.
60
A ug.
72
A u g.
21%
Jan.
6%
Aug.
8%
Jan.
15
June
4%
A p r. 3 4 0
A p r.
2
June
14
F eb.
Feb.
Ju ne
Feb.
Feb.
M ar.
Jan .
June
Jan.
June
Jan.
Aug.
Aug.
A u g.
7 ""F e b .
2 4 % Feb.
48
A pr.
101
Feb.
t A ctu al sales.
NEW YORK STOCK EXCHANGE PRICES.— S T A T E B O N D S SEPTEM BER 3 5 .
S E C U R IT I E S .
A la b a m a — C lass A , 4 to 5 . . . . . 1 9 0 6
Claas B . S s ....................................1 9 0 6
C lass O, 4 s ..................................... 1 9 0 6
C urrency fu n d in g 4 s .......... . . 1 9 2 0
A "k a n sa s— 6 s . tu n d .H o L 1 8 9 9 -1 9 0 0
d o . N o n -H o liu rd
7 s , A r k a n sa s C e n tra l B R . . . . . . .
L o u isia n a— 7 s , e o n s . . . . . . . — . , 8 1 4
S t a m p e d i s .............. ..
B id .
90
90
98
. . . . . . . --------
N ew oon ols. 4 s ......... .............. . .1 9 1 4
SECURITIES.
Aah.
101
89
New York City Bank Statement for t h e w e e k ending
Sept. 19. 1896. We omit two ciphers (00) in all cases.
Basks.
(00. omitted.)
Bank of Now York..
Manhattan Co--------Mer .AH'*
s.
C a p it a l S n rp L 't
$2,000,0 «
2.050.0
2 . 000.0
City---------- -----Trade#men’ s-------Chemical ..... ....
1.500.0
1,000,0
1.000.0
750.0
300.0
0 0 0 .0
Merchants’ Exch’ g*
thole tin N atio n al... 1, 000.0
300.0
Batcher* A Drover*
400.0
Mechanic*' at Trad’*
200.0
Qraanw lch .................
600.0
Leather M anofac’ rs,
300.0
Seventh N a tio n a l...
State of Now Y o rk .. 1.200.0
American Exchange 6 , 000.0
u
________ , 6.000,0;
Broadway........ ...
1,000,0
___ ,0
MaroonUla------ ----- 1.000,
tactile—
BapttbUa..---------------
Chatham......— ...
in .v
1.400.0
450.0
200.0
P e o p le s ...................... i
too 0
North am erica......... •
Hanover...................... Vwo.o
500.0
Irving........ - .............
600.0
Ottisen’ s ......................
I)
Naeaaa.........................
760,0!
Marker. A F u lto n ...
flboe A Loath or____ 1,000,0
Corn Exchange........i 1.000,0
Continental................ i 1 , 0 0 0 , 0
Oriental ...................
300,0
Im porter** Trader*’ 1,500,0
Beet R i v e r ...............
260,0
Fourth N a tio n a l.... 8.200.0
Osatral National----- 2,000.0
Beoond N a tio n a l....
300,0
Ninth National-------;
750.0
Firat National......... '
soo.o,
Thlr<1 National.........
M .Y .N a t. Erchange
mnwanr.......................
New York C ounty..
German tm eiican ..
Chase N ational.......
Fifth A v en ae...........I
German Exchange.
I le r n a n la ..................
sited S ta te s..........
nooln........................
Garflei-V .
........... j
Fifth National.........
Bank of the Mstrop
W eet Side ................
$ 4 * board ........ ..........
Sixth National.........
Weetern Nation *i
Firat Nat. Br'kiyn ..
N eh C n lon B an k ....
LI hart r N at. Bank
N Y . Trod. Kxch'ge
&
Total
L oa n s.
$11,520,0
13.713.0
8.751.9
8,261,0
13.946.0
3.>"95,0
23.643,1!
2.275.6;
22.053.0
4,035,0'
6,055,3!
1,432,6
1 ,0 8 0 $
050.0
2,685.8
1.542.3
3,100,2
22.775.4
20.H49.2
■ 5.228,0
6.074.4
2.433.4
•
0 , 022.1
i 5,463,1
1.891.4
4.817.0
14.034.7
2.880 »
2.639.5
2.504.7,
i 6.048.6
2.800.6
7.748.0
! 4.214.4
1.791.7,
19.181.0
24.073.6
1.173.4
16.808.5
! 7.764.0
, 4.762.0,
2.802.4
20.187.1
0,746.9
1.325.1
3.738.0
2.778.0
2.723.2
13.302.9
! 6,617,0
i 2,435.3
! 2.789,1
4.797.3
5.005.2
3.040,9i
1.734.6
6.005.1
2.094,0,
i 4,982.0
1.757.0
j 11,208,2
6.164.0
8.288.0!
2.057.0
i 3.268,4,
S p ec ie .
L e g a l* .
D ep o sit*
$960,0! 32.110.0 $10,870.0
2.123.0 14.586,0
1.793.0
9.410.7
007 3
1,873.3
0.825,0
1,470.0
628,0
2.158.8
1,844,8 15.217.5
108.0!
818.0)
3.530.0
842.0 25,904.0
6.366.9
_____
1,634.7
180,8
13t,7!
,210,0! 21.224,0
3,030. J'
549.3
4.4 t9 ,f
629.1
1,514.7
4,003.7
*257.9,
1.221.1
90.6,
134.3
245.0
1,925,0
140, I
170.8;
128.9
900.1
2.215.9
186.7
529.3
287.0)
1.831,6
228.4
458.0
2.175.9
4 0 .11
3,218.0 15,612,0
716.0,
420.6
3/150!5 I3!l70ii
514.5
4,250.3
730 i
0,028,3
43.1.5
1,432.5
382.1!
2.687,3
331-3
1,4*7.0
9.526.0
1.401.0
708.0
6.070.1
623.0
2*393.4
187.6
340.4
4,777.0
8*4.2
449,8
11N.O.
f,W
1,091.1 10,927,2
3.899.8
397,4
2,691,0
2*8.3
2.407.0
2*4,3
656.0
2.994.8
182.8!
535.8,
1,183,51 6.513.7
405.8
2.850.7
332.3
430.3;
1.150.0
8.468.4
1.022.9
849,9; 4,764,3
395.5
1.000,0
127.0
977.01
9.892.0 19.007.0
2.994.0
3,811.0!
1.307.0 24.900.1
1.151.0
102.2
277.0
3.191.0 10.045.4
1.472.9
8.058.0
155.0
2.440.0
5.684.0
930.0
703.0
2.891.7
257.7
404,5
723.8
3,892.4 17.818.5
7.005.2
674.2
1.386,71
1.195.5
127.4
190.1
2.919.0
448.0
394,0!
9.222.3
529.2
n i
2 . 020.0
226.2
631.7
2.342.8 16.008.2
1.309.5
7.488.9
859.0
1,227.3
2,8n 0,4
221.0
403.0
4.014.0
410.4
494.3!
5.110.3
903.51
000.3;
0.422.8
1.125.8
588,5;
3 .9 3 1 .0
205.9
SSEf
1.901.8
400.0
107.4
090.51 034.4 6.827.1
2.185.0
378.0,
202. 0 ,
5.010.0
820.0;
813.0
1.301.0
175.0,
181.0
220.5
2,930.0. 11.490.1
6.187.0
800.0
494,3
1,241,5; 7 .7 0 5 .7
702,0
1 .9 1 3 .7
442.5
20.8
2.093.1
180.3
641.5,
*80,699.7 73.016,6 461,889.3 63,435,3
08.513,1 446,976,1
I
—
95
110
104
A sk .
S E C U R IT IE S .
B id
T e n n esse e—6 s , o ld ...........1 8 9 2 -1 8 9 8
6 s , new b on d s - - . .. 1 8 9 2 - 8 - 1 9 0 0
...........
do
new s e r i e s . .. ............ 1 9 1 4
C om prom ise, 3 -4 -5 6 s ............1 9 1 2
3 s ........................................................1 9 1 3
R ed em p tion 4 s ...........................1 9 0 7
do
4 % s .......................19X 3
105
P en iten tiary 4 % s ..................... 1 9 1 3
110
V irgin ia bunded d e b t, 2 - 3 S ...1 9 9 1
6 s , deferred Cat r e o 'ts , s ta m p ed .
1%
A sk .
75
80
57
4
57*i
5
New Yom City, Boston an<l Philadelphia Banks:
Ba n e s .
2, 000,0
FSenlx........ ......... .
B id .
M issouri— F u n d ................ 1 8 9 4 .1 8 9 5
N orth C arolina— 6 s . o ld .............J A J
F u n d in g a o t ................................. 1 9 0 0
N ew bon ds, J A J .......... 1 8 9 2 -1 8 9 8
C hatham R R .............................
Sp ecial t a x , C lass I ...............
C on solid ated 4 s ......................... 1 9 1 0
6 s ........................................................1 9 1 9
South C arolina— 4 % s , 2 0 -4 0 .1 9 3 3
6 s , n o n -fn n d ............................ . .1 8 8 8
N . Y .*
AUg. 22
’ 29..
Bent. 5.
** 12
M 19..
H on /
S e p t. 5..
*' 12
“
19
P h ila . •
S e p t. 5..
••
19.
C a p ita l A
S u rp lu s.
L oa n s.
$
133,910.7
133.910.7
1 3 3 .9 (0 .7
133.910.7
133.636.3
69,351,8 100.470.0
00,351,8 159.792.0
09,351,0 159,103,0
10,385,8
17.055.5
17.079.5
18,711,7
19,221,1
$
441.280,5
410 580.2
477.635.8
430.268,4
491.071.8
0.081.0 132.002.0 10.065.0
H.308.0 132.008.0 10.081.0
7 ,1 3 5 ,0 134.092.0 10,134,0
72.177,1
04.852,9
70.470.8
94.519.0
94.110.0
94.807.0
48.808.9
53.347.9
55,800,7
$
$
77,050,7 458.293.0
74.474.2 451,934,8
70.790.0 44 7,071.8
08.2
i 445,054.3
9.0
08.513.1 445.970.1
$
450.933.5
455.790.2
453.070.1
452.090.8
451,809,3
7.269.0
7.275.0
7.808.0
25.520.0
35,203,0 102,518,0
35.203,0 102,663.0
35.203.0 102,219.0
2 4 .9 2 4 .0
2 5 .3 4 6 .0
8.034.0
6.078.0
0.820.0
• W t o m it tw o cipher* in til these Knur**.
t Including for Boston and Philadelphia the Item " doe to other banks.1'
Miscellaneous and Unlisted B on d s:
M i s c e lla n e o u s B o n d s .
Amer. Spirits M fg., 1st 0 e ..
Br’ klyn U n. Gas, 1st cons. 5s.
Ch. Juu A 8. Yd s.—Col.t.g.,6s
G»L C. A I. Devel. gu. 6 s ........
Colorado Fuel A I.—Oen. 5s.
Col. A Hock. Coal A 1.—0s. g.
CouaGf*** o.,Chic.—1st gu.os
Consol. Coal conv. 0 s ...............
Dou *«a con. 1st 5 ..................
Edison Eleo. 111. Co.—1st 5 s ..
Do.
of Bklyn., 1st 5a..
Equit. G .-L., N. Y.,cona. g.5a.
Equitable G. A P .—1st os —
Henderson Bridge—1st g. 0a.
Illinois Steel det>. 5 s ..............
Non-oonv. deb. 5s ................
Int. Cond. A Ins. deb. 6s........
N ora.—M5” indloates price
M i s c e lla n e o u s B o n d s
02 b.
104 **b.
79 a.
95 b.
65 b.
100*9
85
b.
110 b.
M a n h a t . B e t c h H . A I*, g . 4 s.
M e t r o p o l. T e l. A T e L 1 s t 5 s . .
M lc h .-P e n i n . O a r 1 s t 5 s ........
M u t u a l U n io n T e l e g . —0 s, g . .
N iit. S t a r c h M f g . 1 s t 0 s ..........
N . Y . A N . J . T C lep . g e n . 5 s . .
N o r t h w e s t e r n T e le g r a p h —7 s
P e o p l e ’ s G a s A C . i 1 st g , 0 8.
C o ., C h i c a g o ........ ) 2 d g . 0 s .
1 st c o n s . g . 0 s ..........................
P le a s . V a l l e y C o a l— 1 s t g . 0s.
S u n d a y C reek C oa l 1 st g 0s.
U . S . L e a t h e r —S .f. d e h .,g .,0 3 .
W e s t e r n U n io n T e le g .—7 s . . .
W h e e l. L . E .A P it t s .C o a l l s t 5 s
A m erica.......
Am . E x o h ...
B ow enr*-..
Broadway . ..
Batchs’ A D r.
C entral. . . . . .
Chaae.............
C h a th a m .....
Chemical . . .
C ity...........
Cltl ten s '........
Columbia___
Com m erce...
Continental.
Corn E x o h ..
East R iver..
U th W ard ...
Fifth A v e ....
Fifth*.............
First...............
First N., 8 .1
14th Street.
Fourth ........
Gallatin........
Bid.
300
105
275
Ask.
170
120
bid:
i*35
German A m . 105
German E x. *
350
4500
120
1 35
1 95
200
1 30
287
275
1 20
200
2700
250
275
2850
100
1 76
1 70
1 60
310
290
M a r k e t A Fui
M e c h a n ic s ’ ..
M’ o h s’ A T r s ’
M e r c a n t il e ..
M e r c h a n ts ’ ..
M q roh ’ t s E x
M e t r o p o lis ..
M t. M o r r i s . .
N a s s a u ............
N . A m s ’ da m
N ew Y ork
.
N .Y .C o ’ n t y .
31*6*'
175
a.
0 b
(*Not listed.)
A sk. r BANKS.
BANKS.
4000
500
400
110
“ a ” price asked. * Latest price this week
H a n o v e r ........
H a d . R iv e r ..
Im . A T r a d ’ s ’
I r v i n g ............
L e a t h e r M fs’
L i n c o l n ..........
1 20
b.
b.
b.
U n lis te d B o n d s .
625
236
105
102
98
C o m s t o c k T u n n e l— I n c . 4 s . . .
Bank Stock List— Latest prices this week,
BANKB.
93**b.
367
1 05
310
180
155
515
140
535
1 50
1 70
P e o p l e ’ s ___
P h e u t x ..........
iP r o d . E x * . .
R e p u b l ic ....
S ea b oa rd . . .
1 90
140
180
130
S e v e n t h ___
S h o e A L e ’ th
S t a t e o f N .Y .
T h i r d .............
T ra d esm ’n ’ s
U n io n S q .*
U n io n . ........
U n ’ d S ta te n
W estern
W e s t S id e ..
750'
200
200
180
130
110
400
100
150
190*
2 15
010
Bid. A s k
N Y . Nat. E x 95
N in th ........... 105
19th W ard.. 125
N. A m e r i c a 125
240
2 51
230
1 00
114
135
170
425
100
90
105
......
...
1 75
100
175
111*3
275
112
135
195
257
1 05
......
175
97
••'..A
105
95
205
...........
115
.........*
THE CHRONICLE.
644
BOSTON, PHILADELPHIA.
Active 8tocks.
f Indicates unlisted.
/ktch. T. & 8. Fe§< Boston). 100
Atlantic <fePac.
“
100
Baltimore & Ohio (2?att.).100
Balt. City Pass’ger “
25
Baltimore Traction “
25
Baltimore TTao’ nirrP/uL). 25
Boston & Albany (Boston), 100
100
Boston & Lowell
“
100
Boston & Maine.
“
100
Central of Mass .
“
100
F?eferred........
“
100
O i o.Bur.A Quin.
Onlo.Mil.* St. F. (Phil.). 100
50
Oho O. cfeG.vot.t.o “
100
Oit. 8t Ry.of Indli
Fitchburg pref.-f Bos ton). 100
Lehigh Valley.. (Phila.). 50
Metropol’n Trao.fl “
100
Mexican Cent’l (Boston) .100
New England....
“
100
li-.Preferied........
“
100
Northern Central (Bed .). 50
Northern PaoiflcJ (Phila.) 100
Preferred!
“
100
Old Colony.......(Boston). 100
Pennsylvania...(Phila.). 50
Phil. & Reading, t
“
50
Philadelph. Trao.
**
50
Union P acific...( Boston). 100
Union Traction.. (Phila.). 50
R U s ce lla iie o n a S t o c k s .
Am.Sug'rRelin.Hf Poston;....
Preferred........
100
Bell Telephone..
25
Boat. & Montana.
25
Butte & Boston..
25
Calumet & Hecla
Canton C o .......(Balt.).100
Consolidated Gas
“
100
Elec.Stor. Bat'yff (Phila.). 100
Preferred ft
“
100
Erie Telephone.(Boston). 100
General Eleotrio.
“
100
Preferred........
100
Illinois S teel___
“
100
LamsonStoreSer.
“
50
Lelii’h Coal&Nav. (Phila.) 50
N. E.Telephone (Boston). 100
Pa.HeattL.&Pow(P/utot.)
Unit'd Gas Imp.IT
“
50
Welsbach Light Ti “
5
West End Land..(Boston) . . . .
Inactive Stocks,
fV oii, L X III.
ANO BALTIMORE STOCK EXCHANGES.
S5T S h a re P r ic e s — n o t P e r C e n tu m P r ic e s .
Saturday,
Sept. 19.
11 %
11 %
Monday,
Sept. 21.
Tuesday,
Sept. 22.
11 %
12 %
12
*14
*14
16
16
204
*203
158
*15% 16
16
16
203 205
203 205
158 158
67%
70%
5
67%
70%
5
...
*88
*29
29%
91% 91%
8%
8%
65%
*11%
172%
50%
7Hie
62%
*5%
10 %
12
172%
51*
7%
62%
6
10 %
12 %
16
16
204
205
158
67% 68%
71
71%
5%
5%
*8 %
.......
12%
8%
12 %
12
14% 14%
* 5 9 % .........
60
67%
70%
5%
68%
7L%
5%
8%
8%
67%
70%
68%
71%
5%
68
70%
5%
91
91%
29% 29%
92
93
94%
5%
8%
8%
GO
. . . . . 60
........ 60
65 % ........ 65% ......... 65%
12% 12%
12%
12
12%
19% 19%
*...........173
51% 51%
713,g 85^
62% 6 2 4
6
12 %
6
10% 10^
Thursday,
Sept. 24.
16% 16% 16% 16% 16%
16
16
16% 16%
16%
204 204
204 204 *203
'203 205 *203 205
203
158 158
158 158
158
*89 .. .
*88
29% 29% 29% *30%
91% 91%
.......
Wednesday,
Sept. 23.
20%
20%
*2 0 %
20%
12%
Friday,
Sept. 25.
12 % 12 %
*% 1
*14%
15
61
16%
16%
204%
205
153
*10
13
*53
55
69% 68% 70%
72% 71% 72%
5%
6
57*
15
15
61 % *60
16% *16%
16% 16%
204%
204
203 *203
158
158
92
9i
29% 29%
94%
*8%
*a«?
29%
95%
8%
40
60
65 % 465
12% 1 2 % 13
20%
20 s
a*
29%
98%
8%
45
69
66
13%
........173
170 172% 170 172 *170 1 7 1
51% 51%
51* 52
51% 51%
51% 51%
813,g 9% 91,q 9% 8l3l0 9%
85i« 91
62% 62% 62% 63%
63% 63%
62% 63
6%
6%
7%
6%
6m
6 % 6 % *7
10% 10%
10% 10%
10% 10%
10% 1 0 %
Sales
of the
Week,
Shares.
Range of sales In 1896.
Lowest.
8 % Aug.
% Sept
" " 5 6 11% Sept.
60 July
1,030 14% Aug.
1,140 14% Aug.
45 200 Aug.
1(0 200 Aug.
78 149 Aug.
10 Mar.
52% July
14,974 53% Aug.
15,700 60 Aug.
758
4 Aug.
100 14% Aug.
103 84% Aug.
1,076 27% Aug.
1 , 11 ! 78 % Aug.
6% Aug.
1,107
35 Aug.
120 55 Aug.
65 Aug.
2 ,0 1 0
% May
151
9% Apr.
57 170 Sept.
2,884 49% Aug.
6 L,672
1 MJan.
3,746 57% Aug.
1.171
3 Jan.
6,486
S% Aug.
3,610
Highest.
17% Feb. 24
% Feb. 24
44% Jan. 27
70 Jan. 2
19% Apr. 16
19 Apr. 17
217 Jan. 28
209 June 1
171 Feb. 19
12% Mar. 10
56 Feb. 28
82% Apr. 24
79% June 17
12% Jan. 2
30 Jan. 2
97 Feb. 10
38% Jan. 30
109% May 25
12% Feb. 24
51 Jan. 28
85 Jan. 28
70 Feb. 14
113% Sept 25
! 29% Sept. 9
179 May 8
54% Apr. 23
9% Sept. 23
72% May 5
10 Apr. 21
20 May 18
111% 113% 40,191 95% Aug. 8 126% Apr. 21
113% 113% 113% 114% 111% 113% 110% 112% 111 112
100 100
99% 101
100 10 >
99% 100%
99% 99%
99% 100
870 92% Aug. 10 105% June 12
205% 205% 205% 206
206% 208% 204 20 J 206 206
205 206%
30 195 July 29 208 June 18
84% 82% 84%
82% 82% 82% 83% 83
85
88
84
85
17,910 65 Jan. 7 91% June 15
1%
1%
3%
3%
2% 3%
1%
1%
1%
2%
6,170
1% Mar.
1%
1%
13 % Jan. 31
306 306
307 307
310 310
305 ...,
310 310 *310 315
27 295 Jan. 3 311 May 22
*50
57
64 June 18 64 June 18
*60%
60% 60%
60 % 60% ....
*60% 61
*59%
7o 55% Jan. 20 66 Apr. 2
27% 27% 27% 27% 27% 27% 23% 23% 28%
27
1,736, 20 Aug. 10 36% Apr. 15
29% 29% 30
30
32
28% 29
30
30
30
1,309 22 Aug. 8 38 Apr. 16
56% 56% *56% 57%
*57
58
56% 56% 56% 57
56% ....
35 51% Aug. 10 63 Jan. 31
27% 27% 28
*27% 28
27% 28% 28% 29
28
28% 2}%
2,332 21 July 16 39% Mar. 13
*60
64
65
64
65
65
65
*64
65
65
64
61
113 50 Jan. 8 78 Apr. 14
38
*36% 37% 38
39
39
3.1% 40
42% 43
41
45%
1,857 32 Aug. 31 75 Apr. 15
18
18
'17% 18% *17%
*17% 18
18%
18
18% *18
135 15% Aug 12 21 May 6
40
41
*40
40
41
41
41
41
*49
42
41
41
121 38 Aug. 3 46% Feb. 8
92
90% 93% *90 ......... *90
*90
93
90 ........
21 87% Jan. 23 96 July 17
12% 13
13% 13% 13% 13% 13% 13% 13% 13% 13% 13%
2,081
9 Jan. 7 15% June 15
66
65% 65% 66
66 6 6 % 67% 6 7 m 67% 67% 63 69%
903 58% Aug. 1C 81% Jan. 2
41% 41%
40
41
41
41
41
42%
722 34% July 16 67 Feb. 17
1%
*1% 1%
* 1 % ........
*1%
1%
'1%
1%
*1%
1%
1% Aug. 10 2% Feb. 14
*1%
* Bid and tasked prices: no sale was made.
t Trust reoei pts, $5 paid. t Trust reo.,ail mstai. paid.
B»rt.
Ask.
Bid. Ask.
Inactive stocks.
Prices 0/ September 25.
Bonds.
| Bid
9 5 62 | 64 People’s Trac. trust eerts. 4S..1943 91
91%
95
0 .......
J fll5
116
Perkiomen, 1st ser., 58.1918, Q—J 101
0 250 255
J £lu5 106
Phila. & Erie gen. M, 5g.,1920, A&O
45
0 .......
95
Plain 4s....................... 1910, J&Jj|§ 90
Gen. mort., 4 g .. . . . . . 1920, A&O 100
0 .......
Oatawissa..........
Ohio. Burl. & Nor. 1st 5,1926, A&O1 § 98 100
Phila & Bead, new 4 g., 1958, J&J 75% 76
1st preferred.
0 ........ 53
2d mort. 6 s ............. 1918, J&D3 § 95
98
35%
1st pref. Income, 5 g, 1958, Feb 1 3 ^
22%
3 ........ 40
Debenture 6s............1896, J&D 3 § 95
98
2d pref. Income, 5 g, 1958, Feb. 1 22
8
90
3
5
Olile. Burl.&Quincy 4s ,1922, F&A4 5 83
3d pref. Inoome, 5 g, 1958,Feb. 1 2 L 21%
Connecticut <fe Pass..
95
3 140 141% Iowa Division 4s...... 1919, A&O0 5 90
2d, 5s...........................1933, A&O 120
Connecticut River .
) 240 250
58
125
Ohlo.&W.Mieh. gen. 5s, 1921, J&D1 5 55
Consol, mort. 7s........ 1911, J&D
25
55
3 23
Consol, of Vermont, 5s. 1913, J&JJ 5 50
Consol, mort. 6 g ........ 1911, J&D 116
Delaware&BoundBr.
) ......... 161% Current Elver, 1st, 5s..1927, A&O3 $ 50
60
ImprovementM. 6 g., 1897, A&O 102% 103%
) 10
11
ICO
55
Det. Lans. & Nor’n M. 78.1907, J&JJ * 50
Con. M.,5 g..stamped,1922, M&N
32
) 30
Preferred.
Terminal os, g ........ 1941, Q.—F, 108%
Eastern 1st mort 6 g.l906,M&S._. 5118 120
Eree.Elk,&M.V.,lst, 6s.1933, end.. 5122 125
) 45
Pbil. Wilm. & Balt., 48.1917, A&O
Preferred ................
“
3 ........ 57%
Unstamped, 1st, 6s, 1933............ $120 122
Pitts. C. & St. L „ 7 s ....1900, F&A 106%'
70
Hunt. & Broad Top...
“
) ......... 25
Boohester Ballway, con. os ..1930
K.C.C.&Spring.,lst,5g.,1925,A&O3 § 60
82
Preferred....................
“
Schuyl.B.E.Side.lst 5 g.1935, J&D 102%
0 481a 49% KG. F.S.&M. con. 6s, 1928, M&N* \ 80
10
Kan. C’yFt.8. & Mem. (Boston).
)
5
55
K.C. Mem. & Bir., 1st, 2s,1927, M&83* 53
Union Terminal 1st 5s.......... F&A
r §121J&J122
35
Preferred................
“
) 25
K.
C. 8t. Jo. &C. B., 7s.. 1907,
B on d s.—B altim ore.
3 ........ 60
Little Schuylkill........ (Phila.).
75
Atlanta & Chari., 1st 7s, 1907, J&J 115 117
L. Book & Ft By 1st, 7s. .1905, J&Jr § 70
3 130 132
100
Baltimore Belt, 1st, 5 s.1990, M&N 80
Louis.,Ev.&8t.L.,] st,6g.l926,A&0 § 9 8
80%
Mine Hill & 8.Haven.(Phila.). 3 61%
85
Balt. C. Pass. 1st 5s.. ..1911, M&N 113 L13%
2m., 5—6 g ................ 1936, A&O 5 80
NesquehoningVal...
“
) ........ 53% .Mar. H. & Out., 6s.......1925, A&O §106 107
Balt. Traction, 1st 5s..1929, M&N 106%|107%
North American Co..
“
3
4%
5
65
Extern & impt. 6 s....1901, M&8 1' 0% 101%
Mexican Central, 4 g . . . 1911, J&J § 64
North Pennsylvania.
“
83
83%
17
No. Balt. Div., 5s.......1942, J&D 105% 106%
1st oonsol.lnoomes, 3 g, non-eum. 15
16
17 - 2d oonsol. Incomes, 3s, non-oum. . 8
Baltimore & Ohio 4 g., 1935, A&O 100
9
S'. Y. & N.Eng,, let, 7s,1905, J&J' *116 117
Pitts. & Conn., 5 g__ 1925, F&A
......... .........1 1st mort. 6 s ............. 1905, J&J *109% 110
Philadel. & Erie.
Staten Island, 2d, 5 g.1926, J&J
80
1
2
<Jgden. &L.O.,Oon.6s...1920,A&O 5 75
Bal.&Oliio S.W.,lst,4%g.l990, J&J
Preferred.
68
71
Ino. 6s................................1 9 2 0 §........ 15
OapeF.&Yad.,Ser.A.,6g.l916, J&D
........ .........
§ 99% 100
Cent. Ohio, 4% g ............1930, M&8
.........
Preferred.
92
Cent. Pass., 1st 5s____1932, M&N 108 109
2d, 5 s..........................1898 ,F&A § 90
68
68%
City & Sub., 1st 5 s........ 1922, J&D 108 108?t
i 90
Preferred.
90% l
100
Chari. Col.&Aug.ext.5s. 1910, J&J 100
1
i 233ia 234
Col. & Greenv., 1st 5-6S.1917, J&J 102 is 103%
1 ......... 60
C
West Jersey.............
“ .
107 108
95
Qeorgla&Ala.,lstpf. 5s.1945,A&O 92
......... 20 (
WeBi Jersey &Atlan.
“
101
L07 Ga.Car. & Nor. lax 5 g ..l9 2 9 , J&J 70
72 “a
Western X. V. & Penn “
2k <
Georgia
Pac.,
1st
5-6s...l922,
J&J
2%
80
105% . . . . . .
68
2% C
Wisoonein Central. ..(Boston
Geor. So. & Fla., 1st 5 s ..1945, J&J 92 j 95
i%
15
C
Preferred...............
“
North. Cent. 6 s............... 1900, J&J 106k 107%
112 113
Wore’st.Nash.&Roeh. “
C
81%
6s..................
1904, J&J 109
I
MISCELLANEOUS.
120
Series A, 5 s . .. . . ......... 1926, J&J 112
Allouez Min’g.asstpdr'.BosIcm
1
% 1
4% s..............................1925, A&O 108
Atiantio Mining........
“
18
19
I
66% 67
Pledm.& Cum., 1st, 5 g.1911, F&A 100
7%
8
J
6ay State Gas H_____
“
120
Pitts. & Connells. 1st 78.1898, J&J 102 103
3%
Boston Band.............
“
4% 1
.10%! Southern, 1st 5s_______ 1994, J&J
Centennial Mining...
“
■15 •25 I
107
Virginia Mid., 1st 6 s ...1906, M&S 108
1
2
I .ehigh Nav. 4%8..........1914, Q
103% 109
FortW ayneEleot.fi.. “
2d Series, 6s................. 1911 M&8 109
10
11
Franklin Mining____
“
2d 6s, gold..................1897, J&D 102% 103
3d Series, 6s..........1 9 1 6 , M&S 107
Frenohm’n’sBay L’d.
“
General mort. 4%s, g .1924,0—F ........ :100
4th Series, 3-4-5s,___1921, M&S
% 1
____ 95%
Kearsarge Mining__
“
14
14% 1
5th Series, 5s..............1926, M&S 95 100
Osceola Mining..........
“
25 27
104 !
28
l
West Va C.&P. 1st, 6 g.1911, J&J 105 106
Pullman Palace Oar.
“
100 143
L44
Wert’ tN .C . Oonsol. 6 g.1914, J&J 103
2d 7 s ........................... 1910, M&S ........ 127
__„ Wilm. Col. & Aug., 6s..1910, J&D 110
Pennsylvania Steel.. (Phila.).100 30
Oonsol. 6 .....................1923, J&D 116
Preferred IT_______
“
100 55
....... 5
MISCELLAN EOUS.
998a 100
Qnlnoy Mining.. . . . . . (Boston). 25 108
L09 (
ti 4s....l936,M tvN 109% ____ |Baltimore Water 5s...1916, M&N 121 121is
Tamarack M ining....
“
25 88
90
Gen. M. 7s... .............. 1903, J&J ........ : L17% Funding 5s..... - . .......1916, M&N
Water Power.............
“
100
p
Exchange 3%s............1930, J&J 103%
% i
Westtngh. Elec. &M..
“
50 24
31
26
P
Virginia (State) 3s, new.1932, J&J 68
69
128
Funded debt, 2-3S.....1991, J&J 5678 57%
Pref., cumulative “
50 50% 51
Consol. 6s, o
........... 1905, Var 116
13
Oonsol.
5s,
r
.................
1919,
Var
Chesapeake
Gas
6
s..
.
.
.
1900,
J&D
105
Bonds— Boston.
At. Top. & 8. F. general g. 4s, 199o 576
76%
Consol. Gas, 6s.—......,.1 9 1 0 , J&D 113 1131s
Collat. Tr. 4% g......... 1913, J&D ........ 09
Adiustmentg. 4s, 1995............... §35% 35% P■a. & N. Y. C anal,7s... 1 -06,JAD 118
5 s ..................
1939, J&J 101k 1021*
Boston United Gas 1st 5s.............. 577 1 78
Con. 5s........................ 1939 A&O ........ ] 04% Eototahle Gas. 6 s........ 1913. A&O ........ I.
'Price lnoludes overdue ooupous. II Unlisted.
§ And aoorued interest
«
THE CHRONICLE.
S eptember 26, 1896.]
NEW
YORK
S T i) C R
E S C IU N 9 E
R a i i .r o x n a n d
M is c e l l a n e o u s B o n u s.
Jnf , t
P R IC E S (C o n tln a e i) - A C T I V E
C l o t i n g R a n g e ( t a l e s ) in
Period tS e p t . 2 0 . j
L o ic e st.
1S 96.
H ig h es t.
545
9 ) VO? SE PT . 25
R a il r o a d a n d
M is c e l l a n e o u s B o n d s .
A N D
F O R
T E A R
1S 96.
C lo s in g R a n g e (ta le s ) in 1896.
In fst
P rice
P e r i o d S ep t. 25.
Lowest
Highest
i m e r . C o t t o u O U ,d e b .,8 g .l9 o O t * - F
1 0 6 b .T 0 2 5 » A u g . l l U s J a n .
M . K . & T e x a s.— 1 s t , 4 s , g .1 9 9 0 J A D
75% Aug. 87 Feb.
81%
Ann A rb o r.—1st. 4 s - E .........1 9 9 5 <4— J
O S's
63
A ll? .
72
Fell.
55%
2d , 4 s , g ....................................1 9 9 0 F A A
44 Aug. 63% Feb,
A t -T .A t S .F -— N ew gem 4 s . 1 9 9 5 A A O,
77
6 S t, A u g.
81 A* Feb.
M o. P a n — 1st, c o n ., 6 g ......... 1 9 2 0 M A S
78 July 97 Jan,
A d ju stm en t 4 a ................. . .1 9 9 5 N o v .
3338
2 8 4 Aug
o i l s Feb.
3d , 7 s .........................................................1 9 0 6 M 100
A N b. 99
Sept. 112 Jan.
CoL M idland—Coil*., 4g. 1910 i A A * 12 b .itlR
ia J u ly
,
. ,1 2 7
F eb.
P ae. o f M o .— 1st, e x ., 4 g . l 9 3 8 |F A A
99%
99% Sept. 104% June
3 5 b. 4 0
M ar.
30
Apr
A t 1. A Pin-.— G o a r. 4 » ........ 1 9 3 7 . . . . . . . .
2 d ext. 5s..................... 1938 J & J
100 Aug. 106 Apr.
B ’ w a y < fc 7 th A v .-lsL o «n .g .5 s 4 3 J A D, 1 1 4 b. lU 9t« A u g . 1 1 7 % -May
98 b. 95 Aug. 102% Jan.
8 t. L .A I r .M t .l s t e x t .,5 s .l 8 9 7 l F A A
” 5 a. i 7 1
Sept. 102
Jan .
B rook lyn K iev. 1 st, tig— 1 9 2 4 A * Uj
2d , 7g............................1897 M & N 100 b. 97% Aug. 103% Apr.
71 Ljb- i 7 0
S e p t. 1 0 0 ‘s Jan
U nion E lev a ted .— 6 g ----- 1 9 3 7 M 4 >
98 b. 99% July 102% May
C airo A rk . A T e x a s , 7 g .l8 9 7 | J A D
9 0 ‘s i 90
B T t ly n W T ir f A W .U -ls t ,5 9 .g .’ 4 5 t A A
A u g . 101
M ay
G en. R ’ y A la n d g r .,5 g ,1 9 3 1 A A O
72 %b. 68 July- 81% Mar
A u g . ; 11 0 7e J une M oblleA O tolo—N ew G g . .. 1 9 2 7 J A D 113
103
C an ad a Southern .— I s t ,5 s , l 9 0 8 J A J 1 0 7
113 Aug. 120% May
2 d , 5 s ......................................... 1 9 1 3 M i S •101 to. | 9 8
S e p t. 107
Feb.
G eneral m o rtg a g e, 4s
1938 M A S
61 b. 56 Aug. 68% Feb.
1 0 5 b. 103*3 A u g . 1 1 0 ‘s M ar.
C entral o f N*. J .—C o n s .,7 a 1 3 9 9 0 — J
N a sh .C h . A S t-L .'— 1 s t ,7 8 ..1 9 1 3 J A J 127 b. 125
Sept. 132 June
C on sol.. 7 s ............................. 1 9 0 2 M A N 1 1 4 b. 115>s Feb. 1 2 0 A p r.
94 b. 93 July 102 Feb
C onsoL , 5 g ............................1 9 2 8 A A O
G en era l m o rtg a g e, 5 g . ..1 9 8 7 J A J 114 b. 1 1 0
A u g 120
June
N. Y . C entral— D e b t o z t .4 s . 190 5 MAN 100 b. 100% Jan. 104% Sept.
L e b .A W .B .,o o n ..7 s ,a a ,d . l 9 0 0 9 —M
lo iis b . 102
J u ly U>6
Feb.
let, ooupon, 7s............... 1903 J A J 115 %b. 112 Aug. 120% Mar
5 8 .1 9 1 2 M A N ,
8 8 b.: 9 0
A p r.
9 2 % M ar.
mortgagees------102% Aug. 109 Feb.
D e b e n .,5 8 , cou p ., 1384.. 1904 MA 8 102%
A m . D o ck A I m p ., 5 s ___ 1 9 2 1 3 A J 1 0 9 mb. I OS
A u g . U 4 * i Mar.
N. Y. A Harlem, 7a, reg.,1900 MAN 112 a. 111% May 111% June
C entral PaoiU e.—G o l d ,6 s . 1 8 9 8 3 A 3
99>sb. 9 9 ‘g J a u . 1 0 4
M ay
R.W. A Ogd., consuls, os. 19*2*2 A A O 118 a. 115 July 119% Feb.
Ches. A O tolo.—Ser. A , 6 g . . l 9 0 8 A A O 1 1 1 b. I l l
A u g . 1 1 9 3 u ly
W est Shore, gu ar., 4 s ___ 236 1 J A J 103%
100 Aug. 107% June
M ortgage, 6 g ....................... 1 9 1 1 iA A O 1 1 7 b . l l l l ^ A p r . i l l s
Juue N\ Y. Ohio. A St. L.—4 g ...l9 3 7 A A O 103%
99% Aug. 105 Feb
1st co n sol., 5 * . ..................... 1 9 3 9 Jt A S lOSSt loO July- 1 1 1 % A p r. N. Y. Lack. AW .—lat, 6s.. 1921 J A J 127 b. 120 Aug. 133% June
G eneral l 1, # , g . . . . . . . . . . .1 0 9 2 A I A 8
7 1*4 ! 6 5
Aug.
78 H Feb.
C on stru ction , 5 a .............. 1 9 2 3 F A A 110 b. 112% Mar. 115 June
R .A A .D 1 V ., ls t c o m , 4 g . l 9 8 9 J A 3
9 31*
90
Aug.
9 7 % 3une
N .Y .L E .A W .— l s t ,o o n .,7 g .l 9 2 0 M A S 131%b. 131
Aug. 140 Feb.
“
2 d con . 4 g . . 1 9 8 9 J A 3
8 1 b. 7 5
Aug.
88
3u ne
L o n g D ock, con sol., 6 g .1 9 3 5 A A O 131 b. 131% Apr. 131% Apr.
E llz. L e x . A B l g .8 a n .,5 g .l 9 0 2 ;3 I A 8
96>sb. 9 5
A u g . 102 >s Feb.
N .Y . S . H . A H .— Con. deb. otfs. A A O 128%b. 127 Sept. 137
Feb.
Ctolo. B u rl. A u . - C o n . 7 8 . 1 9 0 3 3 A 3 l U * s b . l i o i , Aug, 1 2 0
J une N .Y .O n t . A W .— R e f. 4s, g .1 9 9 2 M A S
85 a. 32 Juiv 93% Feb.
D e b e n t u r e ,5 a ................... 1 9 1 3 31 A S
9 6 1,
85
3 u iy 101 h A p r.
C onsoL , 1st, 5 s , g .......... .M 9 3 9 J A D 107%b. 102 July 110
Feh.
C o n v e r t i b l e 5 a ...............19C 3|31 A 8
9«>ab.
93
A u g . 1 0 4 % Feb. i N .Y .S u a .A W . 1st r e f.,5 e , g .1 9 3 7 J A J 100 a. 90
July 100 Jan.
° r ia. A
iu
, .g
. ,.
9 5 % June1
D en v e r D iv ision 4 s ____. .1 9 2 2 * * A
8 9 8,b
87
M idland o f N . J ., 6a, g . ,. 1 9 1 0 A A 0 113%b. 109% Sept. 118
Mar.
N eb rask a E x te n sio n , 4 s . 1 9 2 7 ;M A N,
8 5 b. 8 0
Aug.
9 1 % Feb. j N o rf.A W .— 1 0 0-y ea r, 5 a ,g . 1 9 9 0 J A
60 Jan. 67 Feb.
H a n .A S t .3 o a .—C o n s.6 s.1 9 1 1 3f A 8 1 1 2 b . l0 9 < * S e p t. 1 16% Jam i N o. Pacitio— le t , coup. 6 g .l 9 2 1 J A
113%b. 109% Aug. 118 Mar.
Chic. * K. 111.— 1 s t , a t. 6 s. 1 9 0 7 3 A D
111 b. 1 1 0
A u g . 1 1 7 % M ay
D o . J . P. M . A Co. c e r t fa ........
108 b. 109 Aug. 114% June
ConsoL 6 g ........ ....... . . . . . . . 1 9 3 4 A A 0 12-4 SsD. 11 s
A u g. 127
J u u e!
G eneral. 2 4 , cou p ., 6 g . . 1 9 3 3 A A O tl05 b. 100 Jan. ♦115% J’ne
G en era l co n so l., 1 st 5 s . . 1 9 3 7 31 A N
9 6 "e | 9 6 ‘a S e p l . 1 0 2 % Apr.
July 82% Mar.
G eneral, 3 d , c o u p ., 6 g . . 1 9 3 7 J A D t 65 %b. 159
C hicago A K rle.— 1st, 5 g . . l 9 8 2 31 A N 1 0 6 % b .| lo l% A u g . 112
Feb.
C onsol, m o rtg a g e, 5 g . . . l 9 8 9 J A D t 46%
31% Jan. 151% Apr
.
MAN
88%
82
Sept, 9 3 % Feb.
Ctolo. G a s £,. A O ,— l s t , 3 g . . l 9 3 7 3 A 3
94 Apn
76%
Jan.
t
88%
Col. tru a tg o ld notes, 6a. 1 8 9 *
Chic. 3 H L A 8 L P .—C o n .7 s .1 9 0 5 3 A J 1 2 5 b. I l a
A u g 1 3 2 % J une
♦35% Aug. ♦48% Apr.
Ohio. A N . P a e ., 1st, 5 g ..l 9 4 0 A A O t 41
J 111
106
A u g . 118
42 %a. ♦36 Mar. t44% Feb.
1 st, Houthwcet I>lv., 6 s . . 19 0 b J
M ay
Seat. L. 8. A E ., l s t .,g u .6 .1 9 3 1 F A A
J l l t % b . l l o A u g . 1 1 8 % Ju ue j N o. Pac. A M o n t.— 6 g ......... 1 938 M A S t 34 b t26 Jau. ♦39% Apr.
lMt.Hu. M ia n . D lv ., <?*.. 1910]J
110%
108
A u g. 1 1 5 % June
No. Paeltio T er. C o—6 g ___ 1 938 J A J 102 b. 99% Aug. 109% June
A P imj. W .D 1 v .5 * .. 19*21 J
3 ! 1 0 4 >4
1 0 2 % A u g. 111
June
Ohio, A Mo. K iv .D lv .,5 * .. 1 9 2 6 J
Ohio A M ias.— C o u .s.f., 7 s . 1 8 9 8 J A J 101 b. 100 Aug. 104% May
10 *% b. 103
A u g . 1 1 2 % M ar.
70% July 94% Feb.
86 %
Wine. A M u m ., D lv , 5 k . . . 192 1 J
O hio S outhern— la t , 6 g . . . 1921 J A D
“ 1 0 b. 1 0 5
1
A u g . 114
17
T e rm in a l, 5 g ............... — :
G en era l m ortgag e, 4 g . . l 9 2 1 MAN
17 8ept. 35 Feb,
J uue
J
9 5 a.| 9 1 % A u g.
98
J u u e ; O regon l tnpr. C o.— 1 a1 6 g . . 1 9 1 0 J A D
( J e n . M ., 4 g ., aerie* A . . . . 1 9 * 9 J
73 b. 74 Sept. 91% Jan.
9 b. t 7 July 36 Jan.
MIL A S o r.— l it ,c o n .,6 « . 1 9 1 3 J A D ’ 110
C o u a o l .,5 g ........................... 1939 A A O
----a. 1115% Jam 119 M a y
Jam
O re .R .A N av. Co. - 1 s t , 6 g . l 9 0 9 J 4c J 108 %b. 104 Aug. 112% June
Chic. A S , W .—€ ouho L , 7 « .1 9 1 5 % - F
133 b. 1 2 9 % A u g . 141
86
♦90 Jau. ♦98 Feb.
b. 115
Aug. 120
M ay
C on sol., 5 g ........................... 1 9 2 5 J A D
Coupon* gold , 7 m.................1 9 0 2 J A Dj 1 1 6
110 to. 19u % A u g . 116
M ur.
B lnklng fun d, 6 * . . . . . . . . .1 9 2 i» 1 4 0
Peuu. Co. -4 % g , c o u p ........ 1 9 2 1 J A J 108 %b. 105% Aug. 113% June
106 b. 103% Aug. 112% Feb.
104% Aug. I l l
M ar.
Sinking fu n d . 5 f .................192 9 , A A O 1 0 9 %
P .C .C .A S t.L .,e o u . g u 4 % .1 9 4 2 | -98 %b. 98% July 102 Mar.
b. 1 0 4 % s e p t .! 1 1 1 % A p r.
bln k ln g fu n d , dehen.. .5*. 1 9 3 3 M A N 107
P eo. Deo. A E v a n a v .—6 g .1 9 2 0 J A J
E v a n s, D ivision , 6 g ........ 1 9 2 0 M A S
11 0 3
J am s107
A pr.
2 5 -y e «rd e l)e u tu re , 5#...10O O |M A N| 1 0 5
93 a. 101 Mar. 101 Mar.
E x te n sio n . 4 s ...................... 1 9 2 6 F A A ..............
26 Mar. 31 Feh.
2 d m ortage, 5 g ................... 1 9 2 6 M A N
99
SepL 102** Apr.
Phila. A H ead.—O e n ., 4 g . . 1 9 5 * J A J t 76
Ctolc. R .I. A P a e .—6 s ,e o a p .l 9 1 7 J A 3 121 b. 1 1 9 % A u g, 130 Ju ue
167 Aug. ♦80% Jude
18% Jau. ♦36% Jan.
t 35
1st pf. ino., 5 g, 3 d ln a t. p d /5 8
E x te n sion a o d e o L , 5 s . .. 1 9 3 4 ;J A J 1 0 0 % | 9 4 % A u g. 1 0 6
Ju ue
3 0 -y e a r d e b e n t u r e ,5 a .,.1 9 2 1 ? 3 f A 8
5% Jan. 123 Sept.
9 1 a.; 8 7 % Sept. 9 7 % Feb.
t 22%
2d p f.iu c., 5 g ., 3d inat. piL’ 58
3% Jau. ♦2 1% Sept.
21%
3d p f.iu e ., 5 g ., 3d inat. p d .’ 58
July 129
M ay
Ctolc. 8 L P. M. A 0 . - 6 # . . . 1 9 3 0 3 A D 1 2 3 % b . U 7
64 Aug. 77 Jan.
69%
P ltts b u r g <A W estern — 4 g . 1 9 1 7 J A
Ctolc. A W. I tod.—O e n .,g .,6 a . 1 9 3 2 < J -M " 1 1 3 b. 11J SepL 118H» Feb.
63 Aug. 77 °a Febw
70
R io G r. W estern — la t 4 g .. 193 9 J A
Aug.
90
Jau.
C lev ela n d A C a n to n .—5 s . .1 9 1 7 ; J A 3 1 7 0 b. 1 7 0
Aug. ♦51 Jan.
St. Jo. A Gr. Islan d —6 g . . l 9 2 5 M A N ♦38 b. 137
A u g . 1 0 7 % Mur.
C lev . L or. A W heeL— 5 # . .. 1 9 3 3 A A O: 101 b. 102
M
A
N
to.;
1
1
9
Jam
111%
Jan. 117% Apr.
1
3
4
%
M
ay
111
%
St.
L.
A
San
F
r.—
6
g
,C
l
.
B
.1
9
0
6
C .C . C A L — C o n s o l.7 g ..1 0 1 4 iJ A D ’ 1 3 4
SepL 127
Aug. 118 Apr,
6 g ., C lass C .......................... 1 9 0 6 MAN lll% b . 108
G e a e ra l c o n so l., 6 g . . . . . 1 9 3 4 J A J j ’ 124 a. 124
M ay
C .€ . C * S L L .- P e o .A K . ,4 # .1 9 4 0 A A 0| 7 5
1 60
Aug.
80
Jan .
G eneral m ortgag e, 6 g . . 1931 J A J 105 b. 101% Jan. 114 June
b | 10
Aug.
C ons. gu ar. 4 b, g ................ 1 9 9 0 A A O t 25 b. 23
23
Jao.
May 38 Mar
In co m e , 4 * .............................1 9 9 0 iA p r ll.
11
60% Aug. 76 Feb.
8t,
L. A So, W.—1st, la, g.1989 M A N 70%
b.j
9
4
H
i
Jan.
1
0
0
Jan.
CoL C oal A Iro n —6 g ............1 9 9 0 F A Aj 9 2
23% Aug. «32 Feb.
A u g. 1 1 5 % July27%
2d , 4 s , g ., in co m e ...............1 9 8 9 J A J
CoL A 9 tto A v e. v a . 5 s , g . . 1993,31 A 81 1 1 2 b. 109
- o u —C
- o m ,L .i-9 3 i | M A
■ »| 8J
90
Feb.
C o L-----H .V a L A T
I 80
Aug.
8 t . P . M . A M . - D a k .E x . ,6 g .l 9 1 0 M A N 115 b. 113% Aug. 121% Mar.
82
b. 8 0
90
A p r.
Jan.
1st con soL, 6 g ....................1 9 3 3 ;J A J 119 b. 117 Jan. 124% June
G en era l, 6 g .........................1 9 0 4 ;J A
D e n t . R l o G r . — l» t ,7 » ,i f . IlKHl M A Nj HO^b. 110>* Jan. 114
u
reduced to 4 % g . . J A
Apr.
99 b. 100 Aug. 106 Juue
Jan. 9 2 M ay
M o n ta u a e x te n a lo u ,4 g .l9 3 7 | J «& D
84% Juue 90% Sept.
89
la tO O n e o L ,4 K-.............
19361J A Jj 8 5 Sib. 83
92»*
Ju
ly
45 Aug. 59 Fed.
Han.
A
n
t
.A
A
.
P
.—
l
s
t
.4
g
.,g
u
.’
43;
J
A
J
9
3
b.
51
9
8
%
Juue
D u L B o . Bh, A A t l —5 * f . . . . l 9 3 7 J A J|
97 Apr.
95 %a. 93 Jan.
K dU on S I. 11L— l« t ,e o n .if.5 « .'9 5 J A J 1 0 0 a. 97% Jan. 1 05% Juno So. Car. A G a.— 1st, 5 g . . . 1911)1 M A N
93
8
3
A
u
g
.
Aug. 97 Feb.
92
b.
So.
Paoido,
A
r
ls
.—6
g
.
.
.
1
90
9
*1
0
J
4c
J
8
7
b.
9
5
%
Feb.
Erta— 4 , a , prior b o n d * . .. . 1 9 3 6 J A J
107 Apr. 112 July
5 9 >«
541* Aug. 6 7 Apr. So. Paoido, C al.—6 g . . . 1 9 0 5 -1 2 A A O
G en era l. 3 -1 . k. . . . ...... 1 9 9 6 J A J
1 st oou sol., gold, 5 g ........ 193 7 ; A A O
»0 b.fl46\ Aug. • 7 0 % Feb.
86 b. 86 Sept. 92% Apr.
F t. W . A D e n r .C i t y .—6 g . . 1921 J A D
So. Paoido, N. M .—6 g ........ 1911 J A J
b. 101% Jau. 106 Feb.
90 b, 9 0 J u ly 9 3 Jan.
G a L II.A H a u .A n -M .A P .D .la t,5 K M A Hi
76 Aug. 94% June
82
Sept.
Southern—
1
s
t
oons.
g
.
5
8
.1
9
9
4
J
A
J
9
3
%
Feb.
86
8
7
b.
O en . E le c tric ,d e b . 5 a ,K - .. 1 9 2 2 J A l>
E . T e a m reorg lien 4 -5 s . 1 9 3 3 M A
90 Mar. 93% Feb.
67 Sept. 7 1 A p r.
H oim . A T . C ent. *e u . 4 « , k . 192 1 A A O
E
.T
.
V
.
A
G
.
1
s
t
,
7
g
.
.
.
.
l
9
0
0
J
A
.1
96
b.
99
Jau.
1
0
2
Feb.
106%b.|106%
Aug. 111% June
Illln o U C e o t r a L ~ 4 a ,ff. . . . l 9 5 3 M A N
Con. 5 g ............................ 1 9 5 6 ;M A N 106 %b.i 100 July 109% Apr
Aug. 1 0 3 % J u ly
W eetern Ltnea, l * t , 1m, k . 1951 F A A 102 %a. 97
G
eorgia
Pao.
1
s
t
5
-6
s
,
g
.
,
1
9
2
2
J
A
J
111
a.!
103
Sept. 114 Jan.
1
1
8
%
Apr.
117
b.
114
July
I n L A G re a t N o r .— 1«L,i »m, k . 1 919 M A N
06%b. 66% Aug. 7 7 % Feb.
K n o x v . A Ohio l a t 6 a ,g .. 1 9 2 5 J A J 110%
110% Sept. 116 May
2 d , 4 - 5 * . .............- ..................1 9 0 9 ; M A te
110%b.|110%
aug. 121% June
R
loh.
A
D
a
n
v
.
ooo.
6
s,
g
.
.l
9
1
5
J
A
J
9
8
May91
%b.
87
Aug.
I o w a C e o t r a d .--l* t ,5 g . . . 1 9 3 * J A l>
W e a L N o .C a rla to o n .6 a ,g 1 9 1 4 J A J 101 b. 103
Sept 114 Apr.
37%
3 7% SepL 71 Jan.
K ln /r* Co. E ler«— l a t , 5 f . . l 0 2 5 J A J
93 Feb.
T
enn.
0
.
L
A
B
y—
Ten.
D
.l
a
t
,
6
g
A
A
O
72
Sept.
79%
91
j
85
Aug.
9
6
Jan.
L aclede G a a . - l a f , 5 n ,« ...U > 1 9 . < 4 -F
H irm iugbam D iv ., 6 g . , . 1 9 1 7 J A
80 b, 79% Sept. 95 Feb
L a k e Erie A W«a|.—5 # . . . 1 9 3 7 J A J 114 a. 110 A u g . 1 1 7 % Juue
Texas
A
Paoido—lat,
5
g
.
.
2000
J
A
L
)
91 Apr.
73
Aug.
81%
A
u
g
.
115
J
uil
L. B li o r * .-C » n tcp./ l a t ,7 » .1 9 0 0 J A J 110 b. LOS
24, *ncome, 5 g .............2000 March
13% Aug. 24% Feb.1
18%
Conaol. c o o p .,2 d , 7 a . . . . l 9 0 3 J A l> 114 b. 113% Sept. 120% Mur.
109
% J une
Toledo
A
Ohio
Cent.—5
g
..
1935
J
A
J
105
a,
112
b.
109
Aug.
115%
July
105
Aug.
L e a . A t . A P a r . F. * o . 5a,if. 1 9 9 3 M A B
♦62 % Aug. 177 Feb.
Lon if Ialand. - 1st e o n ., 5|f. 1931 < 4 ~ J ! 122 b. 117% Jan. 120 Feb. I ToLBLL. AKan. C.—6 g.,.1916 J A D t 69
UnionPaoido—
6
g
.............139*
J
A
107
May
105%
99
%
Sept.
Aug. 98 Jan.
G eneral m ortgage, 4 < . . . 1 9 3 * J A U { 90 a. 90
Ext. sinkiug fund, 8.......1899 M A
73 Sept. 97% Feb.
75
Loula. A Naali.—Cona. 7 a . . l 6 9 * A A 0 10l%b. 104% Sept- 108% Mar.
t
54%
Feb.
Collateral
trust,
4%---.1918
M
A
N
148
May
Feb.
S . O A M obile, le t , # # . . . 1 9 3 0 J A J 110 b. 113% Aug. 119
Gold 6s, ooL trust notes. 139 4 F A A 94 b. 91% May 98 Jau.
99 %b. 96 Aug. 102% May
M
**
2d , 6 g . 1 9 3 0 J A J
111%
July
Kan.
Pao.-Den.Dlv.,6
g.
1399
M
A
N,
106
Jan.
G en era l, 6 < - . . . . . . . . . . . . . 1 9 3 0 J A l ) 111 %b. 110 SepL 117% Apr. j
lstoon a oL ,6 g ............ 1919 M A N't 65
♦06% Aug. 177% Feb.
71 %b. 68% Aug. 30% Feb.
Unlll»*d, 4 g ........ .....................1 9 1 0 J A J
115
Apr
Oregon
Short
Line—6
g
.
1922
F
A
A
tl07%
1100
Jau.
Louis, N. A . A OIL— le t , Be. 1 9 1 0 J k J I0J%b. 110% July 114 Juno i
Or.8.L.«kUt'hN.—Oon..5gl919 A A U t 61
♦48 July 170 Feb.
Aug. 103 Feb.
L o iu ip L ,6< ..................... . . . . 1 9 1 6 A A O; • 77 %a. 74
40%
Apr.
U.
P.
Den.
A
Gull,con.,o
g.1939
J
&
U
31%
26
July
90 b. 88 Aug. 99% Mar.
M anh attan conaoL 4a ........ 1 9 9 0 A A O
114 Aug. ♦36% Feb.
M etro. E leT ated. - le t , 6 g . l 9 0 * J A J 116 b. I l l % Aug. 120% June U. S. Cord.—lBtool.,6 g ... 1921 J A J t 24
Virginia
Mid.—Uen.M.,
5s.
1936
M
A
N
93
b.
105
Apr
87%
Sept.
103 %b. 101 Aug. 108 Apr.
2d . 6 a ......................................... 1 8 9 9 M A N
Wabash—1st, 5 g . . . . ........1939 M A N 101
99 Aug. 109 Apr.
115 b. I l l Aug. 119 JauM ioh. C en t.— le t,o o n a ., 7 a . 1 9 0 2 M A N
2d mortgage, 5 g.............1939 F A A 69
64% _Aug. i 77% Feb.
OonaoL, 5 a ............................. 1 9 0 2 M A N 101 b. 103 July 108% Feb.
WeatN. Y. A Pa.—lat, 5 g. 1937 J A J 103%b. 100 Aug. 108% May
M IL L ak eB b . A W . —I a t ,6 g .l 9 2 l M A N 127 b. 122 Aug. 132% Apr.
Gen.
2-3-4a,
gold............1943
A
A
O
40
b.
33 Aug. 49% Feb.
E a te n . A (m p ., 5 < . . . . . . 1 9 2 9 F A A 109 b. 104 Aug. 115% May
Aug. 103% Apr. WeatUn.TeL—Ool.tr. 5*.. 1938 J A J *101%b. 101 Aug. 108% June
M l n n . A H t .L - la t o o n .o a ,g .l9 3 4 .M A N • 90%b. 96
Wise.
Cent.
Co.
lat
5
g
....1
9
3
7
J
A
J|f
33
|125
Aug. it46 Feb .
Aug. 94 Feb. 1
M<x K. A E . —la t f»a, < .,g i L .1 9 4 2 A A U • 89 %b. 81
i
100
N o r * .— **b” indicate* prloe h i d ; Ma
price a s k s d ; tbe ran ge is m ade up fro m actu al sale* on ly .
* L a te st prioe this w eek,
t T ru st receipt*.
NEW YORK STOCK EXCHANGE PRICES—(Continued).—IN A C T IV E BONDS—SEPTE M BE R 25
BEOURITIKS.
Bid.
Ask.
Railroad Honda.
(tlnek Exchange
P r ie s t.)
A la b a m a
1st. if , gu ar . 1 9 2 9
Atoll. T o p e k a A San Fran. —
Otolcago A 8 L L o u .— 1 st, 6 s . 191S
OoL M M . l « t , g . , 8a . ............ 1 0 3 8
A tl. A P a o.- 2 4 W . I}., ga. 8 * .1 9 0 7
W sa te m D ivision I n c o m e .. 1 9 1 0
B a lt A (JhIn- la t . 6a. Park B .1 9 1 9
90
SECURITIES.
BalL A Ohio—5s, gold........... 1925
Cons, inort., gold, 5s.......... 1988
W Va. A Pitts—If t, g., 58. 1 0 0 0
B. A O. 8. W.. IsL g-, x 1*#.. 1990
Monon. River, 1st, e., g. 5e.. 1919
Cent’l Ohio R eor—1st, 49^..1930
Ak.ACh.Juno—l#t,g,5;,gu. 1930
Brooklyn Elevated—2d, 5 s ... 1915
Seaside A B.B.—l8t,K,5s,(m. 1942
Br'klyn Rap. Tran.—Gold. 5a .1945
B id .
Ask.
95%
•102
44
" is "
76**
•
SECURITIES.
Bid. |Ask.
Brunswick A W’ n—1st, g.,4s. 1938
75
Buff. Kooh. A Pitts.—Gen. 6s.. 1937 93
Roch. A P., 1st, 6s..............1921 119*4
Roch. A Pltte.—Cons.lst,6s.l922 115
Buff. A Susqueh.—1st, 5s, g.,1913
Burl. Ced.Kap. A No.- 1st, 5s. 1906 103
Consol. & collat. trust, 5 s..1934 99
Minn. A St. L.—1st, 7s, gu . 1927
Ced. Rap. I. F. A N., 1st, 68.1920 100
IsL 5s.................................1921
90
THE CHRONICLE
546
NEW KOttli STOCK EXCHANGE PRICES.— I N A C T I V E
SECURITIES,
Bid.
Ask.
8ECUBITIE8.
[Vox,. LXHEt,
B O N D S—fO o n tin u e A )— SEPTE M BE R
Bid.
Ask,
SECURITIES.
25.
Bid.
Ask.
Svans. A Indian.—1st, cons..1926
Northern Pacific—
O.Ohio—Col. ACin.M.lst,4%s.l939
97
Flint A P. Marouette—
Cent. BB. A Bank. -C ol. g.5e,1937 90
C. d'Alene—Gen. 1st,g., 6s..1938
112
Mort., 6e.......".........................1920 112
Cent, of N. J.—Conv.deh.,6s.l908
Cent. Washington—1st,g.,6s. 1938
100
1st, oon. gold, 5s.................. 1939
Norfolk A 8outh’n—1st, 5s,g.1941 101
Cent Paoifle—Gold bonds, 6s,1897
99%
Pt. Huron Div.—1st, 5 s ___1938
81
Norfolk A West.—
Gold bonds, 6s.....................1898
Ha. Cen A Pen.—1st g. 5s— 1918
General, 6s ............................1931
Ban Joaqnin Br., 6s............. 1900 *99
1st
oon.
g.,
5
s
.......................
1943
New River 1st 6s................ 1932
Mort. gold 5 s ................... ..1939
50
Ft, Worth A R. G —1st g., 5s..1928 49
Imp. A Ext., 6s.....................1934
Band grant, 5s, g................1900
Gal. Har. A San Ant.—1st, 68.1910
I x t . g. 8s, series A B C D ..1898 *98%
AdiustmentM., 7 s ..............1924
2d mort., 7s...........................1905
ioo"
Cal. & O. Div., ext., g. 5 s .-.1918
Md. A Wash. Div.—lst,g.5s.l941
102 % Ga. Car. ANor.—1st, gu. 5s,g.l929
Soioto Val. A N. E.—1st,4s,.1989 *80%
West. Pacific—Bonds, 6 b----1899
Grand Bap. A Ind.—Gen. 5s. .1924
Ohio A Miss.—
No. Ballway (Cal.)—1st, 68.1907
Housatonic—Cons, gold 5s— 1937 121 %
Consol. 7s.............................1898 101
50-year 5s..........................1938 *91
N. HavenADerby, Cons.5s..l918
2d consol. 7 s ........................1911 105
Ohes. A O.—Par. M. fond, 6s. 1898 102
Hons. AT. C.—Waco A N. 7S..1903 i25’
Spring.Div.—1st 7s.............. 1905
Craig Valley—1st, g., 5s---- 1940
108
General 5s............................. 1932
1st g., 5s (lnt. gtd)............... 1937 106%
Warm 8pr. Val., 1st, g. 5 s ..1941
Ohio River RB.—1st, 5s..........1936
Coub. g. 6s (int. g t d ).......... 1912 *99 102
Ches. O, A So.West.—1st 6s, g.1911
Gen, g.,5s ..............................1937 *84 “ s ™
Debent. 6s, prin. A int. gtd. 1897
Sd, 6s..................................... 1911
45
Ob. V.-Gen.eon.lst,gu.g,58.1938
Debent. 4s, prin. A int. gtd.1897
Omaha A St. Louis.—1st, 4 s..1937 35
Illinois Central—1st, g., 4s. ..1951 110
Oregon A Califor.—1st, 5s, g.1927
Chioago A Alton—8. J’., 6s — 1903 114
Oreg. ByANav.—Col.tr. g..5s.l919
BLouis. A Mo. Blver—1st, 76.1900
let. gold, 3% s....................... 1951
Gold 4a...................................1952
Penn-P.C.C.A8t.L.Cn.g.4%sA1940 107 108™
2d, 7s.................................. 1900
2-10 g., 4s..............................1904
Do
do
Series B ........ 106
St.L. Jacks. A C h ic—2d, 7S.1898
Cairo Bridge—4s.................. 1950
P.C.AS.L.-lst,o.,7s...............1900
Mlss.B. Bridge—1st, s. f., 68.1912
Pitts. Ft. W. A C.—1st, 7 s...1912
Chio Bnrl. A Nor.—1st, 5s___1926 100 102 %
Springf. Div.—Coup.,6s___ 1898
2d, 7 s ................................. 1912
Middle Div.—Beg., 5s..........1921
Debenture 6s____ ________ 1896
O. St. L. AN. O.—Ten. 1.,78.1897 •103%
3d, 7s.................................. 1912
Chio. Burling. A Q.—5s, s. I..1901 101 105
1st, oonsol., 7s..... .............. 1897
Ch.St.L.AP.—1st,con. 5s,g... 1932
Iowa Div.—Sink, fund, 5 s..1919 104
Gold, 5s, coupon............... 1951 115
Olev. A P.—Cons., b. Id., 7s. 1900 113%
Sinking fund, 4s............ 1919 95
Plain, 4s.................................1921
Memp. Div., ls tg . 4s.......1951 *95
Gen. 4%s, g., “ A ........... 1942
101% Ced. Falls A Minn.—1st, 7s.. 1907
Chicago A Iowa Div.—5 s ...1905
St. L.V. A T .H .—1st,6s.,7s. 1897 100
Onic. A Indiana Coal—1st 58.1936 96
Ind. D. A Spr.—1st 7s, 1906, trust
2d, 7s...................................1898
105%
Chi. Mil. A St. P.—1st,8s,P.D.1898 103%
rects., ex bonds...........................
2d, guar., 7s....................... 1898
122
‘
95
Ind.
Deo.
A
W.—1st,
g.,
5s....1935
Gd.B.AI.Ext.—1st,4%s,G.g.
1941
21, 7 3-lOs, P. D .................. 1898
1st, 7s, $ g .,B .D .................. 1902 125
Ind. Ills. A Iowa.—1st, g, 4s..1939
Peoria A Pek. Union—let, 6s .1921
2d mortg., 4%s..................... 1921
1st, I. A &., 7s......................1897 122
1st, ext., g. 5s....................... 1943
Int. A G. N’n.—3d, 4s, g ...„ . 1921 15
Pitts. Cleve. A Tol.—1st, 6s... 1922
lft , I. A D .,7 s......................1899 122
Kings Co.-F.El.,lst,5,g„gu.A.1929
1st ,C. A M., 7s.'i...................1903 123
Pitts. A L .E r —2 d g .5 s ,“ A” . 1928
1st, I. A D. Extension, 7 s ...1908 125
Lake Erie A West.—2d g., 5 s.1941 98% 101
Pitts. Me. K. A Y.—1st 6s___ 1932
100
Pitts. Painsv. A F.—1st, 5 s ...1916
North’n Ohio—1st, gu. g. 5S.1945
1st, La C. A Dav., 5s.......... 1919 1041s
Pitts. Shen. A L. E.—1st,g.,5s. 1940
1st, H A D .,7 s .................... 1910 122 125
L. 8. AM.Sou.—B.AE.—New7s.’ 98 104
90
1st oonsol. 5 s ...................... 1943
i'2'3%
1st, H. A D „ 5s.................... 1910 103
Det. M. A T.—1st, 7s........... 1906
Pitts. A West.—M. 5s, g.1891-1941 *35
Chicago A Pacific Div., 6 s..1910 114
Lake Shore—Div. bonds, 7s. 1899 106
55
Pitta.Y’gst’nAA.—1st, 5s,con.1927
Mineral Point Div. 5s.......... 1910 103
Kal. All. A G. E.—1st gu. 58.1938
Rio Grande So.—1st, g., 5 s... 1940
Mahon’g Coal BE.—lBt, 58.1934
0. A L. Sup. Div., 5s............1921 104%
65"
9934 Bt. Jos. A Gr Is.—2d ino........ 1925
la rgo A South., 6s, A ssn ...1924 105
LehighV.,N.Y.—1st gu.g.4%s,1940
)no. oonv. sink, fund, 5s___1916
Lehigh V.Term.—1st gu, 5s,g.l941 108
Kan. C. A Omaha—1st, 5s.. 1927
Dakota A Gt. South., 5s___1916 103
Lehigh V’y Coal—1st 5s,gu.g.l933
8t. L. A. A T. H.—Term. 5 s ..1914 103% 105
116
114
M
11.
A
Nor.
main
line—6
s
...1910
Bellev.
A So. 111.—1st, 8s. ..1896
Lltchf.
Car.
A
West.—1st
6s.
g.1916
« hie. ANorw.—30-year deb.5s.1921 ‘ 103% 105 Little Bock A M —1st, 5s, g ..l9 3 7
Believ. A Car.—1st, 6s.........1923
Kscanaba A L. S. 1st, 6s....1901 106 107 Long Island—
Chi.St.L.APad.—1st,gd.g.5s 1917 93
St. Louis So.—1st, grn g. 48.1931
104
DesM. A Minn.—1st, 7 s....1907
1st, 7 s.................................... 1898 104%
Iowa Midland—1st, 8s........ 1900
do
2d income ,58.1931
Ferry, 1st, g „ 4%s............... 1922
89
I Gold 4s.................................. 1932
Car. A Shawt.—1st g. 4s___1932
Chio. A Milwaukee—1st, 78.1898 104
St. L. A S. F.—2d 6s, g., cl. A .1906 111
Win. A St. P.—2d, 7s............1907
*.N. Y. A R ’way B.—lst,g . 5 s.1927 98
Mil. A Mad.—1st. 6s........... 1905
General 5s............................. 1931 *90
2d mortg., ino..... .............. 1927 35
91
42%
Ott. O. F. A St. P.—1st, 5s. 1909 105
1st, trust, gold .5s................ 1987
N.Y.AMan.Beach.—1st, 7s, 1897 101 % 102 %
Northern 111.—1st, 5s........ 1910 105
Kan. City A 8 1st, 6s, g. ..1916
$ N.Y.B.AM.B.—1st con. 5s,g.l935 100
Mil. L. B. AW.—Con.deb.,5s. 1907
BrookFnAMontauk—lst,6s.l911
Ft. 8. A V. B. Bg. -1 s t, 6 s... 1910 106
Mioh. Div., 1st, 6s........ . ..1924 120
1st, 5 s ................................ 1911
Kansas Midland—1st, 4s, g.1937
Ashland Division—lBt, 6s 1925 ‘1 2 0 %
No. Shore Br.—lsteon.5s,g.l932
St. Paul City Ry, oon. 5s, g ... 1937
Ch.B.I.AP—D.M.AF.D.lst4s.l905
Gold 5s, gu a r....................... 1937 *85
Louis.Evans. A St. L.—Con.5s.1939
1st, 2%s.............................. 1905
St. Paul A Duluth—1st, 5s....1931
Louis. ANash.—Cecil. Br. 7s..1907 106 107
Extension, 4s................... 1905
2d mortgage 5s..................... 1917 ‘100
E. H. A Nash.—1st 6s, g...,1 9 19 111 %
Keoknf A Dee M.—1st,5 s..1923 102 104
St. Paul Minn A M.—1st, 7s. .1909 106%
Pensacola Division, 6s........ 1920
2d mort. ,6 s...........................1909 118
Ohio. St. P. A Minn.—lBt,6s...1918 126%
•iiSt. Louis Division, 1st, 6s...1921
Bt. Paul A 8. C.—1st, 6s.......1919 125
Minneap. Union—1st 6 s... 1922
2d 3s
1980
Ohio. AW . Ind.—1st, s. f.,6 s. 1919
Mont. Cen.—1st, guar., 6s..1937 113
RNashv. A Decatur—1st, 7 s..1900 110
1st guar. g. 5s...................1937 102 %
General mortgage, 6s..........1932 i i 3 ” 115
,«• f.,6 s —8. A N . Ala............1910
Chic. A West. Mich.—5s........ 1921
East. Minn., 1st div. 1st 5 s.1908 102
ro-year 5s, g.,.......................1937 "87% 95
Wf'n arASiouxF.—1st, g,58.1938
On Ban.. A D .—C on.s.f., 78.1905
.■ ens. A At.—1st, 6s, gold. ..1921
MSd, gold, 4%s........................1937
San Fran. A N. P.—1st, g., 5s.1919
i ollat. trust, 5s, g .............. 1931
88
. Cin. D. A Ir’n—lst.gu. 5s,g.l941 105% 109
Sav.Fl.AWest. —1st, eon. g.6s.l934 110 117
L.AN. A M.AM.—lst,g.,4%sl945
Dlev. Ak. A Col.—Eq. A 2d 68.1930
Soutaern—Ala. Cent., 1st 68.1918
Nash.Flor.AS.—1st, gu,, 5 s.1937
0. C. C. A St. L.—Gen., g. 4 s ..1993
Atl. A Char—1st, pref., 7 s..1897
Kentucky Central—4s, g . .. 1987 88
98
Cairo division, 4s..............1 9 3 9
Income, 6s........................ 1900
90
Lon.AJefl.BdgeCo.—Gu.g,4s.l945
Colum. A Green.—1st, 5-6S.1916
Bt.Lon.Div.—lstcol.ts’t4s,g.l990 90
90% LouN.Alb.ACh.—Gen.m.g.5s.l940
45
8pring.ACol.Div.—1st,g. 48.1940
E. Tenn.V. A Ga.—Divis.5s 1930 111 %
Memphis A Chari.—6s, g old ..1924
Rich.A Dan.—Eq. s. f. g. 5s.1909
WhiteW.Val.Div.—1st,g. 4s, 1940
Mexioan Cent. Consol.—4s, g.1911
Oin.Wab.AM.Div.—lst,g.4s,1991
Deben. 5s, stamped........1927 "90
91
1st, cons, income 3s, g........ 1939
Vir’a Mid.—Serial ser.A, 6s. 1906
Cin. I.Bt.L. A C —1st,g.,48.1936 *95
Mex. International—1st, 4e,g.l942
98
Series B, 6s......................... 1911
Consol, 6s..............................1920
Mexican National—let, g., 68.1927
Series C, 6 s ....................... 1916
Cin.Ban.ACl.—Con.lst,g.5s,1928 i o T
2 d ,income, 6s, “ A ” . . . . ___ 1917
Indiana B. A W.—1st pf.7s.1900
Series D, 4 -5 s......
..1921
2d, income, 6s, “ B ” ............1917
Series F, 5s......................... 1931
Ohio Ind.AW.—Istpref.5a..l938
Miobigan Central—6s..... ....... 1909 '110
C. Col Cin. A Ind.—1st, 7s,e.f.l899 106 107% Coupon, 5s.............................1931
Wash.O. AW.—1st cur.gu.4s.1924
80
SConeol. sink, fund, 7s..........1914
Ter. As’n of St. L.—1st, 4%s.l939 102
Mortgage 4s..... ....................1940
98
Cin.ASpr.—1st,C.C.O.AI.7S. 1901
1st,
con.
g.
5s..............1894-1944
102
%
100
Bat.C.AStrgis.—Ist,3s,g.gu.l989
Oleve. Lorain A Wh.—1st, 5 s.1933 104 108
St.L.Mer.Br.Term.,g.5s,gu..l930
Minn. A St. L.—1st, g. 7s........ 1927 130
Clove A Mah. V.—Gold. 5 s ... 1938
Texas
A
New
Orleans—
Iowa Extension, 1st, 7s...... 1909 118
Del. Lack. AW .—Mort. 7s___1907
1st,7s....................... ........ ..1905
Southwest Ext.—1st, 7s...... 1910 118
Syra. Bing. A N. Y.—1st, 78.1906
Saoine Division, 1st, 6s.......1912
Pacific Ext.—1st, 6 s ............ 1921 115
Morris A Essex—1st, 7 b___1914 *137
Consol. 5s, g ____ _________ 1943
92
Mo.K. A Tex.—1st, ext., 5s, g.1944
85
Bonds, 7s............................ 1900 107
Tex, A Pao., E. D.—let, g. 6s. 1905 100
Mo.K.AT.of Tex. lst.gu. 5s.g. 1942 *69*2
7s of 1871.......................... 1901
Kansas City A P., 1st,4 s,g..1990 60
65 Third Avenue (N.Y).—1st 5s, 1937 119
1st, oon., guar., 7s............ 1915
77
90 T.AO.O.—Kan.AM., Mort. 48.1990
138
Dal. A Waco—1st, 5s, g u ..,.1940 89
Warren—2d, 7 s .................... 1900
Tol.P.AW.—1st 4s,ino.f’d.oou.July 70% 75
Missouri Pacific—Trust 5 s...1917 *50
D. AH.Can.—Pa.Dlv.,coup.7s.1917
Ulster A Del.—1st, con.,6.,5s.1928 99% 100
136
1st coll., 5s, g ....................... 1920 *47
Albany A Susq —lst,gu.,7s,1906
Union Paoifio—1st, 6s............1896 100
St L.AI. M .-Ark.Br.,lst,7s.l895 100
1st, eons., guar., 6s_____ 1906 114
1st, 6s.................................... 1897 100 % 104
Mobile A Ohio—1st ext., 6s...1927
Bens. A Bar. 1st, coup., 78.1921
1st, 6s................................... 1899 101 104
St. L. A Cairo—4s, guar.......1931
Denv. Tramway—Cons. 6s, g.1910
Collateral Trust, 6s..............1908 94% 95%
Morgan’ s La. A T.—1st, 6s__ 1920
Metropol. By.—lst.gu. g.6s.l911
Collateral .Trust, 5s..............1907
1st, 7s..................................... 1918
Denv. A B. G.—Imp., g., 5 s...1928
Kansas Paoifio—1st 6s, g ...l8 9 5
82% NaBh. Chat. A Bt. L.—2d, 6s..1901
Det.M. AM .—L. g. 3**s,ser.A.1911 15
1st, 6s, g ..............................1896
20
N. O. A. No. E.—Pr. 1., g „ 6s..1915
Det. A Mack.—1st lien, 4s,g.. 1995
O. Br. U P - F . e., 7s..........1895
N. Y. Central.—Deb. g. 4s___1905 *100
4s, gold.................................. 1995
Atoh. Col. A Pao.—1st, 6s... 1905
28
N. J. Juno—Guar. 1st, 4s. ..1986
Duluth A Iron Range—1st 5s,1937 ‘ 99 103
35
iAtch. J. Co. A W.—1st, 6s... 1905
Beeoh Creek—1st, gold ,4s..1936
Erie—1st, extended, 7s..........1897 103
U. P. Lin. A C ol—1st,g „ 5s. 1918 22
Osw. A Rome—2d, 5s, g.,gu,1915
2d, extended, 5s....................1919 110
Utah A North.—1st, 7s........ 1908 100
Utioa A Bl. Biv.—4s, g., gu.1922 100
3d, extended, 4%s................ 1923 106% 108
Gold, 5s.............................. 1926
N. Y. A Put.—1st, g., 4s. gu.1993 100
4th, extended, 5s.................. 1920 114%
Utah Southern—Gen., 7s ..1909 58
N. Y. N. H. A H .—lBt, rea,4s. 1903
5th, extended, 4s.................. 1928
Extern, 1st, 7s.......... ....... 1909 58
N. Y. A Northern—1st, g. 5s.. 1927
1st. con., g., Pd, 7 s ..............1920
Valley R’y Co. of O.—Con. 6s.1921
N. Y. Susq. A West.—2d, 4%s.l937 66
75
B. N. Y. A E.—1st, 7s..........1916
Wabash—Debenture, Ser. A..1939
Gen. mort., 5s, g .................. 1940 67
69
Bud. A S. W.—Mortg. 6s___1908
Debenture, Series B ............ 1939 2 0 % 2 1 %
Wilk.A East.—1st,gtd.,g.5s.l942 *78
87
Jeflerson—let, gu. g. 5 s ___1909 103
100
Det. A Chio. Ext. 1st, 5s, g,.1940
Northern Pac.—
Coal ABB.—6s......................1922
St L.K.C.AN—St.C.Bdge6s.l908 104
agJames River Val.—1st, 6 s...1936 *
75
Dock AIm pt.,lst 6s, our’oy.1913
40
West
N.Y.
A
Pa.,gen.g.
2-3-4s
1943
qfSpokane A Pal.—1st, 6s...... 1936
78
Evans. A Terre Haute—
10 %
Income 5s______
......1 9 4 3
St.Paul A N. P.—Gen., 6s.. 1923 119 120%
1st, cons., 6b......................... 1921 106% 109
West. Va. C. A Pitts—1st,6s.1911
HelenaARedM’n—lst,g., 6s. 1937 20
let, general, g., 5 s ............... 1942
Wheel.AL.E.—1st. 5s, gold...1926 101
DuluthAManitoba—lst,g.6sl936
78
Extension A Imp, g., 5s...... 1930
Mt. Vernon 1st 6 e ............... 1923
Dul.AMan Dak.Div.-lst6s.1937
78%
„ Sul. Co. Br. 1st, g.. 5s......... 1930
Wis. Cent, inoome 5s..............1937
Ccenr d’ Alene—1 st. 6s. gold. 1916
,T\* No price Friday; these are the latest quotations m ale this week. F o r J lis n a U a n e o u s a n d V u llg ic d B a u d s —See 3d page preceding
THE CHRONICLE.
S eptember 26 1896.J
In v estm en t
Ro a d s.
547
L a te s t d r o s s E a r n in g s ,
IWeekorMo
1896.
1895.
J a n . 1 to L a te s t D a te.
1896.
1895.
AMD
R a ilr o a d
I n t e llig e n c e .
R A IL R O A D
E A R N IN G S .
The follow ing taole shows the gross earnings of United
States railroads (and also a few Mexican and Canadian roads)
for the latest period reported. The statement includes every
B T E /tM
oad from which regular weekly or monthly returns
can oe nearned. The first tw o colum ns of figures give the
greiM ear lings for the latest week or month, and the last two
e >1lm ^ the earnings for the calendar year from January l to
an 1 a lu un< suen latest week or month.
The returns o f the street railways are not included in this
table, but are brought together separately on a subsequetit page.
aovna
L a te s t G ro ss E a r n in g s
W e ek o r Mo
is a ti.
|
*
1
1895.
1890.
*
1895.
#
1 7 ,8 5 1
J u l y ..............
1 0 7 .0 8 0
1 1 0 ,9 6 2
3•Jd
o uwl a
. ept
k .S
2 7 .5 9 9
9 7 4 ,5 4 2
1 ,0 2 5 .1 5 9
J u l y . ............
4 0 .7 .2
3 5 0 ,9 0 8
2 9 4 ,4 7 8
Pao. J u n e
A u gust . . .
9 0 .0 4 1
1 0 7 ,8 5 *
8 1 5 ,2 5 5 !
8 1 2 .4 1 5
A u g u s t ....
4 1 .7 9 4
4 2 .9 0 9
3 3 2 .0 6 5
3 0 9 .3 1 0
p A u g u s t -----4 1 ,0 0 9
4 1 .8 5 9
3 * 4 ,7 7 2
3 1 6 .8 4 0
2 1 J.H J')
A tle g a e n y Vat
A u g u s t ...
2 3 * 1 .0 8 5
1 ,5 0 0 , 7 3 4 1 ,6 3 2 , 5 6 7
A n n A r tm r ------- 3 4 w k S e p t
2 1 .8 1 3
2 2 ,9 9 0
8 1 8 .0 1 7 1
7 8 7 .4 1 5
A r c . Ml H a n 't
7 .0 6 0
7 ,1 1 2
4 9 .0 0 9
4 9 .2 0 9
J u l y ..............
A to n . T . A S . F e J u l y .............. J .1 5 2 J H 1 J .0 6 9 .4 O 6 1 5 , 7 1 2 , 7 7 6 1 5 , 5 2 2 . 1 8 3
A t l a n t a A U u a r J u n e ............
1 0 2 .0 6 9
1 1 4 ,8 2 5
0 - 6 ,3 41
7 1 8 ,2 9 9
A u . n t a A W . r J u n e .........
3 4 .7 4 5
3 0 .9 0 0
2 4 1 .0 1 7
2 1 4 ,4 3 1
A t i a n . A L>*nv. J I w k B e p t
1 2 .9 7 8
1 0 ,5 2 1
3 7 2 ,2 3 0
3 7 4 ,0 9 0
A t l a n t i c A P a c •J.l w x d e p t
5 5 .S S O
5 3 .2 3 8
A u g u « t » 3 -i .i l ' n J u l y ..............
4 .5 *1
3 8 .0 V6
3 ,5 7 ’
2 5 ,* 3 9
A u s t in A S ' w e* J u u e ...........
2 2 .0 8 4
2 4 ,0 3 9
1 2 0 ,5 1 7
1 1 5 .2 4 7
B a lv .O a e « .A A t i. A u g u s t ____
0 i .4 u O
7 3 .4 0 0
3 3 0 ,3 0 9
3 3 0 ,0 7 9
B -A O .B * « t U n » » J
. a u u a r y .. . 1 .3 S 5 .S 7 7 1 . 2 2 9 , 2 1 9
1 ,3 8 5 ,8 7 7
1 ,2 2 9 ,2 1 9
W e s t e r n U a « < J a n u a r y .. .
1 1 3 ,0 0 9
4 0 9 ,2 1 0
4 4 3 ,0 6 8
4 0 9 ,2 1 0
T o ta l . . . . . . A u g u st . . . 2 ,2 3 7 .7 8 1 2 ,2 4 4 .4 9 2
■ a t A O . s o n -w
:?d w u S o p t
1 1 8 .3 41
1 4 0 ,1 8 4 4 ,3 4 0 .0 6 7
4 ,5 2 9 ,3 1 7
B .
a < >r a A
r ol y
o s..............
t . J u ly
Ju
5 1 .3 2 4
3 9 0 ,6 0 1
5 0 .7 0 3
4 1 2 ,1 1 1
B a t a A S a m ' a d " J" u l y ..............
1.U S 7
1 2 ,3 4 8
2 .2 5 0
1 3 ,0 1 0
Blr. k A t l a n t i c .L u g u i t -----2 .0 3 8
2 .5 0 5
1 3 ,8 7 3
1 2 ,2 3 8
B r o o k ly n B ie v . S k e S t k k k r R a i l w 4 T LIST.
B r u u s w k k W tw i J u l y ..............
5 2 , >93
4 0 ,0 6 4
3 5 2 .3 0 9
289 593
B a lt. R o o n . O P lti J 1 w k S e p t
0 5 ,1 8 4
2 ,3 1 1 .1 0 1
0 2 .4 1 3
2 ,1 7 0 ,0 9 0
B i 'T , ; > A S , j j . J u l y .
....
4 1 .5 7 2
3 0 . 2 11
2 1 0 .1 8 9
2 7 2 ,0 7 8
B a r .i J .K a p .A •* 2 d w k S o p t
8 8 ,5 2 0
1 2 1 ,1 2 0
2 ,9 8 1 .7 0 7 2 ,6 5 7 ,4 2 4
O a m J e n A k i t . A p r i l ..........
7 2 .1 1 8
0 0 .5 2 0
2 0 4 ,0 5 5
1 9 4 ,0 8 9
O a n a lla n P a u ln ' 3 d w k S e p t
4 2 *>,006
4 2 2 . 0 0 0 1 4 ,1 0 1 , 2 2 7 1 1 , 9 9 8 , 1 4 0
C » r . M id la n d
A u g u s t ____
1 ,8 -1 3
3 1 ,6 9 0
4 ,0 6 1
2 0 ,3 9 3
C e n t , o r G e o r g ia ;v‘ » y ...............
3 1 0 ,0 3 7
3 4 2 ,0 1 0
2 .0 0 5 ,2 2 5
1 ,0 3 7 .2 0 3
C e n t r a l o f N .J
1
.1
9
1
.3
5
0
0
,
9
41
,V
*
49
7
,
0
1
9 ,3 0 3
1
,1
2
7
,8
3
1
J i i y ...........
C e n t r a l P acu te. J u l y .............. 1 . 1 0 8 . 6 4 « 1 . 1 8 8 . 2 1 5
0 ,7 2 9 ,0 1 1
7 ,0 5 7 ,9 0 9
C h a r . C L A S u L . J u l y ..............
4 ,5 * 1
3 2 ,5 5 9
2 5 .4 0 6
5 .3 3 3
O a a r ie a t’ n A S a c J u l y ..............
3 2 .8 7 5
3 7 .4 7 8
3 5 0 ,8 2 0 1
3 4 0 .8 45
O n e *. A O a i o . . . J d w k S o p t
2 0 7 ,2 8 2
1 9 2 .2 3 3
7 ,3 2 5 ,7 8 7 1 6 , 8 1 7 , 3 4 4
O t t e a O .A S o .W . J u l y ..............
1 7 9 .5 7 2
1 9 0 .0 * 8
1 ,2 8 2 ,5 * 3
1 , 2 9 *>,484
J u l y .............. 2 ,7 5 3 . 3 5 1 2 , 6 3 1 . 7 0 8 1 8 . 3 4 5 , 4 6 8 17. 2 0 , 0 5 0
2u w k S e p t
7 3 ,5 4 2
8 0 ,7 9 1
2 .0 2 3 .5 3 1 1 2 , s> 4 0 ,3 44
caw. a t Women. J.1 w k S e p t
1 )9 .3 0 0
1 0 6 .7 3 5 3 .2 .3 .1 7 8 1 2 ,6 1 4 ,7 1 5
3d wk Sept
6 1 2 ,7 0 3
7 1 3 ,9 9 * 2 1 ,0 0 1 ,2 5 0 1 0 .0 1 8 .8 8 3
A u g u s t .. . . 2 ,7 5 0 ,7 1 3 3 ,0 7 0 .5 2 8 2 1 .0 9 9 ,1 1 1 1 8 ..7 5 .2 2 5
7 2 . >57
0 2 .2 1 9 ;
4 3 9 ,2 3 7
4 7 2 ,7 2 8
J u l y ..............
•Jd w k S e p t
1 8 ,3 8 1
0 3 7 ..1 6
6 2 4 .0 9 7
1 8 . 59
O a i o -B 'k L A P .
A u g u s t . . . 1 .4 0 7 .9 5 4 1 ,4 5 5 ,7 0 0
9 , 8 4 7 ,3 0 2 ; 9 , 4 0 1 , 3 3 3
J u l y ...........
5 9 8 ,3 7 7
5 3 8 ,1 1 0
4 ,0 8 5 .3 1 1 ! 3 ,4 3 1 .7 6 2
Jd w k S e p t
4 0 ,1 9 3
4 3 .7 6 5
1 ,1 2 2 .2 0 5
1 .1 8 7 ,6 5 0
C l u .l l a . A P o r t e . A u g u s t ____
5 ,6 0 2
4 0 .0 5 0
0 ,5 0 4
4 2 .2 9 5
J d w k s ..p t
1 4 .0 7 4
4 9 2 ,5 2 2
1 3 ,0 0 5
4 2 5 ,3 9 4
A u gu st . ..
3 2 0 .3 9 1
2 0 > ,5 0 0
2 ,3 2 4 .7 5 5
2 ,1 9 1 ,6 2 7
Gin. Porte. « V . A u * u * t ____
2 2 , 8 80
2 7 ,8 9 0
1 7 5 .6 7 7
1 7 1 .3 3 4
Jd w k S o p t
1 5 .4 5 0
483. 90
4 6 3 .1 0 1
1 4 ,1 1 2
2 d wk S e n t
* 0 0 ,6 0 9
9 ,0 1 7 ,5 2 5 9 ,6 2 0 ,2 6 5
2 0 5 .8 1 4
P e o . A E w t 'n J u l y ..............
1 3 6 .4 0 2
1 .0 0 0 .5 7 0
1 ,1 0 1 ,9 9 3
1 0 2 ,9 9 0
(2d w k S e p t
2 4 .1 0 5
3 3 .0 7 9
9 4 4 .3 7 5
9 5 8 ,7 0 3
A u g u s t ___
1 ,0 3 7 . 5 1 3
1 3 0 . 0 49
150*099
1 ,2 2 2 .1 8 0
O oL H . V . A l o i A u g u s t . . .
1 9 8 .5 0 0
2 5 7 J 1 3 5 U 0 2 4 . 435 1 . 5 5 0 , 3 3 7
O o l. B anil’y A H . 2 d w k S e p t
1 9 ,4 3 5
2 0 .4 4 3
5 5 r .3 0 0
5 7 7 ,6 3 7
C iiu e * A L ake
3 ,0 0 0
A u g u s t ----1 0 .0 9 1
3,0<X>
1 2 ,5 7 7
Crystal....... . .
.
1 ,2 1 2
7
,
9
2
0
3 ,8 9 5
811
O a m b T d V a lle y (July.
J u ly ..............
7 2 ,5 1 s
4 4 6 .2 0 7
7 5 .8 )1 3
4 8 3 ,1 1 0
D e a r . A R io O r 3*1
~ ' w k $*>pt
4
,
9
2
2
,3 9 0
1 4 2 ,6 0 0
5
.
1
2
9
.
1
5
5
1 5 0 ,7 0 0
D e e M. A K a n . C 2 d w k S e p t
2 ,9 9 7
6 1 ,0 1 0
7 7 ,0 4 2
2 . 5 43
D ee M . N . A W. A u g u st .. .
3 5 , l 40
2
0
5
,
2
1
4
2
1
7
,9 9 3
3 7 .7 'J J
D e t . L a o s ’ g A N o. .Jd w k S o p t
2 5 .8 3 0
0 0 1 ,8 ^ 9
8 0 3 .7 0 0
2 7 ,8 3 3
D e t . A M a c k in a c J u l y ..............
3 1 .5 S 5
2
9
2
,
9
6
7
2
2
6
,
342
3 9 ,2 9 3
2d wk Sept
1 ,2 4 2 ,0 0 9
3 5 .5 5 3
1 .4 6 0 .5 1 8
3 3 ,7 4 3
A u g u s t .. . .
7
0
8
,
399
8
0
8
,
9
7
2
1 1 4 .U 4
8 7 ,1 4 6
K n * .............. . J u l y ........... 2 , 6 3 5 , 3 3 3 2 ,6 2 2 , 7 0 3 1 7 , 1 3 4 , 1 8 0 1 6 , 3 8 8 , 0 4 8
J u l y ...........
5 .8 0 9
3
5
,
8
0
3
8 ,2 4 0
3 3 .1 0 3
2 0 0 .5 0 3
Jd w k S o p t
5 ,0 3 2
H .2 8 2
20 :1,001
■ r a n e . A R ic h , 2 d w k 8 «*p t
7 7 ,0 5 2
3 ,1 7 7
2 200
8 1 ,5 7 0
■ v a n e v . A T . H 2d wk 8ep t
7 3 2 .2 1 0
1 9 ,7 7 7
7 4 0 ,7 1 2
2 1 ,5 7 3
F i t c h b u r g .............. J u l v ...........
4
,
0
1
7 ,4 9 1
0 2 1 .3 5 7
4 .1 4 3 ,1 6 5
6 7 2 ,4 9 4
F li n t A P . M arti 2 d w k S e p t
1 ,7 4 2 .1 1 2
4 7 ,0 .5 1
4 9 .0 4 6
1 ,0 4 0 ,3 9 8
F lA -C e o L A P e n . 2 d w k S e p t
3 5 ,7 3 0
1
.
3
0
6 ,1 3 6
1 ,4 3 1 , 3 7 5
2 0 ,2 0 1
r L W - t h A D e n .U . J u l y ..............
5 7 9 ,7 7 4
0 9 ,1 1 9
7 5 ,1 4 0
4 9 8 .2 2 0
r L
A R io O r. A u g u s t . . .
2
1
9
,7 0 4
1 3 .2 5 9
2 1 ,1 9 0
1 9 8 .8 1 7
(Jad e. A A tt. U A u g u s t . . . .
5 ,6 2 0
847
7 .2 0 9
868
G e o r g i a R R _____ i t h w k V u g
7
5
3
,
937
3 9 ,6 0 8
8 9 7 ,8 0 3
3 1 ,0 2 0
G e o r g ia A A la . 2 d wk Sopt
2 0 .4 7 8
3 1 2 ,2 7 1
9 ,6 6 1
5 3 7 .0 5 4
• a .C f a r 'la A N o J u l y ...........
3
6
0
,
996
6 2 .3 5 3
4 5 4 ,9 7 5
4 3 .5 8 1
O e o . Ho. A P in . A u g u s t ----5 2 8 .8 1 0
7 4 ,1 0 4
5 7 9 .9 1 0
6 0 ,7 8 1
O r . R a p . A 1 no 2-1 w k S e p t
1
.
4
6
2
,
129
3 7 .2 6 1
4 8 . 0 -»8 1 , 3 9 9 , 8 7 4
C ln . ft. A F t W 2 d w k S e p t
3 1 0 ,4 4 0
2 0 8 ,8 5 2
7 ,2 8 2
9 ,8 3 9
r t a r e r a e O l t y •Jd w k S o p t
3 1 .4 1 5
3 2 ,3 9 7
824
1 ,1 5 8
M o a .O .K . A 1 2 d w h S e p t
8 0 ,1 0 5
2 ,8 7 5
8 9 .1 3 5
2 ,0 7 1
T o t . a ll U n a . 2 d Wk S e p t
1 ,8 9 1 ,1 7 0
1 .8 1 2 , 2 7 7
4 8 . 2 45
6 1 .8 7 0
G r a n d T r u n k .. . Jd w k S o p t
4 3 5 .1 9 9
4 3 1 ,9 7 4 1 2 .4 0 8 ,3 9 0 1 2 ,1 8 6 ,7 3 3
C h ic , A O r . T r 2 4 wk S e p t
0 2 .0 0 4
2 , 2 0 0 , 0 3 4 1 .9 1 0 , 0 2 8
54JH 8
D e t ,'J r .I I .A M 2 d w k S e p t
0 5 0 ,1 4 3
00.'>,7 3 3
2 4 ,3 1 7
2 7 ,1 7 7
U o . S a g . . * Me* 2 d w k S e p t
2 .0 4 9
2 ,8 5 4
T o t. I t A M u sk . .*4 w k S e p t
2 ,0 5 1
2 .0 1 1
.............
.............
O r e a t N o rth ’ n
BLP. M A M
7 ,0 0 7 ,2 4 6
' A lig n * t . . . 1 .3 6 .9 ,3 6 9 1 .1 8 6 ,0 * 3 9 9 , 0 0 9 , 3 1 7
B a a l o f M in n .. A ugu st . . .
7
94,993
1 ,0 9 2 ,2 1 6
1 7 1 ,7 4 1
1 3 3 .4 5 0
9 3 1 ,5 8 5
1 .2 0 5 , 4 2 3
A u g u s t ___
1 0 7 .1 8 7
1 1 6 .6 9 0
9
,
3
8
3 .8 2 4
V n ip w t . . . - 1 .7 1 0 .2 9 7 1 . 4 3 0 . 2 0 9 1 1 . 3 9 3 , 9 9 9
A d lr n d » o * ..
A.
i * .i i L
A i * . M r H an 't
A la S .O . T e x a
sf. O r L » tf. i
A l a . * V lo k io
vic««. 3h. a>
6
1 7 ,1 5 2
3 5 ,4 4 4
5 0 .7 5 8
J a n . 1 to L a te s t D ate.
Onlf A Chloairo. August... .
3.306
24,3 10
3,735
2*6,371
Joos.Tun.AWli. August__
1.617
29,9 44
2,(i72
2 7,2 79
dous.ATex.Cen. .1une
184,680 212 ,02 6 1 ,309,762 1.5 8 7,76 6
Illinois Central. August .. 1,678.326 1,640,067 1 3,067,232 12,377, 11
Inu. Deo.AWesi 2<1 wksept
10,215
319 .75 2
10.577
3 18,022
Iml. ILL A Iowa July
5 i ,* 1 6
56.0 66
456 .27 9
438 ,50 0
In.A Ot. North’ D 3a wk Sept 1 03,071
68,504 2 ,1 6 1 ,0 2 ' 2. 42,389
llnteroo. (Mex.i vVk Sept. 5
41,3 00
43.7 00 1 ,5 -5 ,9 1 3 1 ,593,802
IowaOentrai----3d wk Sent
Iron Railway... August ss»
Juh. . .
Kanawha* Miot 3d wk Sept
K.C.F.Soott AM Jd wkSept
K.C. Mem.A Blr. 2d wkSept
Kan. C. N. W---- August___
Kan.O. A Beat. August__
K.C.Pitts. AO .. 3d wkSept
Kan.O.Sub. Bell 3d wkSebt
Keokuk A West 2d wkSept
L Brie All. A So. August
L Erie A West.. 3d wk Sept
Lehigh A Hud.. August..
3 2 ,9 3 7
3,197
22,3 29
7 ,1 6 2
78.2 74
2 5 .9 8 0
1 ,209,104 1,112,512
31,237
32,729
192 ,55 9
265 ,95 3
3 2 5 .23 5
309 ,32 6
2,9 8 9.04 4 3 ,0 1 4,61 0
750 ,81 6
671 ,19 0
26,218
172,983
152,032
418
2.866
3,343
17.4 60
5 0 9 ,24 8
3 6 5 .30 7
6.141
257 .75 3
2 0 6 .89 0
8,259
278 ,84 7
246 ,73 5
3.875
33.1 56
51,103
64,611
2 ,4 4 5 201 2,4 8 1,19 5
32,3 36
2 6 3 .62 7
291.319
Lex'gtonAEast. July. ..
124.552
17.388
110,110
Long Island..... August..
513 .42 3
2,7 3 710 2 ,784,503
Los. Ang. Term. August__
9,42 '
62,6 34
112,165
Louls.Bv.A3LL Jd wk Sept
1,078.307 1 , 022,011
32.719
Lonlsv.AMasnv. 2d wkSept 3 92 .49 5
13,724,295 1 3,314,259
Louis. N.A.AOh. 2d wkSept
2,1 5 1,00 5 2 ,1 9 8,85 7
59,323
Lon.Hen.A3LL. 2d wkSept
10,095
328 ,93 8
2 9 0 ,4 4 2
Macon* Btrui.. July.........
3,850
31,931
4 0 ,5 4 9
Manistlqne....... August___
13,8 42
9 L4>'0
9 6 ,1 3 4
MemphlsAOhas 2d wk Sept
832 ,46 0
24.7 78
7 6 4 ,48 5
IMenoanCent..j'.'d wksept 208 ,14 3
6 ,9 3 0,50 0 6,4 6 0,72 8
MexicanIutePL June ___ 2 7 2 ,24 9
1 ,519,096 1,292,651
IMex. National. 2d wkSept H '3 ,4 5 9
3 ,404,391 2,9 9 9,07 5
Mex. Nor»ern..:Julv ........
60,6 31
478 ,50 7
398,- 05
2 .1 3 8.75 3 2 ,2 9 4,02 9
7 0 ,5 1 9
IMexlcanR'way Wk'Sept 5
Mexican 30...... 1st wkSept
11,210
3 6 0 ,54 5
3 3 4 ,38 2
Minneap.A3t.L. 3d wkSept
3 9 ,8 8 2
1,3 7 0,35 5 1.3 2 4.23 2
M.
3LP.A3.3LM. 2d wk84,6
Sept65
2,4 3 7.19 7 1,7 2 1,64 2
7,7 8 9,91 8 7 ,5 2 2,16 4
Mo. Kan. A Tex. 3d wkSep; 2 6 3 ,44 4
15.1 59 .0 0 0 1 5,374,891
Mo.Pao.AlronM3.1 wkSept 4 0 4 .0 0 0
Central Br’oh. 3il wkSept
13,005
5 1 0 ,0 0 0
11,000
393 .04 3
Total. ..... l3d wkSept 4 1 7 .00 0 444 .00 0 15.675.000 1 5 ,7 67 ,9 3 4
Mobile A Blrm. 3d wk Aug
167,530
5,166
5 ,688
163 ,82 5
Mobile A Ohio.. August__ 2 7 5 ,3 3 7 2 50 ,81 2 2 ,2 6 8,70 0 2 ,0 9 4,55 8
Mont.AMex.OH. August__
755,792
814 ,25 1
90,863
89.9 84
Nash.Oh.A 8L L August.... 4 0 1 ,02 0 4 09 .80 3 3,2 5 8,58 3 3,0 2 1,50 1
Nevada Central.! juW ........
18,089
15,799
2.075
3 ,0 9 3
29,360
Nev.CyNar.Gge April.......
27,910
8.075
7 ,935
N. Jersey A N. Y.!J une
159,203
141,408
N. Y .O .A H .R .. August ... 3 ,815,919 4 ,0 8 1,74 4 2 8 ,3 55 ,3 1 8 2 7 ,9 57 ,7 2 8
N. Y. OnL A W.. 3d wkSopt
70,2 59
74,3 34 2,73 >,052 2,6 1 4,37 5
N. Y.Susu.AW.. A ugust.... 180,129 190,406 1,410,861 1,458,475
Norfolk A West. 2d wkSept 2 1 4 ,0 3 3 217.518! 7 ,8 0 0.51 8 6 ,3 6 9 ,4 2 4
2 8.9 22
Northe'rn (Oat . J u n e........
24,8 09
3 ,1 4 8
3.738
North'n Central August___ 5 1 6 ,3 9 6 5 7 8 .07 2 3 ,9 6 5 ,1 8 8 4 ,1 2 ,268
North’n PaoUio. 2d wkSept 4 12 ,53 2 5 7 3 ,61 2 1 1,961,754 11,4 95 ,0 5 8
16,635
2 2 ,2 6 6
2 ,6 5 3
2 ,753
Ooonee A West. August__
0 7 7 ,93 2
5 5 4 ,05 0
19,536
21,6 84
Ohio River........ |2d wk Sept
116 ,31 3
115.743
16.854
Ohio Rlv.AChas August___
13.528
408 ,34 1
4 8 4 493
69,4 99
55,1 43
Ohio Southern. August___
Oregon Imp. Co. July.......... 2 90,195 273 ,90 4 1,877,437 1 ,8 4 4,89 8
Oreg. By. A Nav. August___ 3 54 ,36 1 3 4 1 ,3 9 2
316,002 2,2 8 2.41 4 2 ,6 0 7 ,1 0 3
2 92,245
Pacido Mail__.[July_____
P en n sylva n ia .J u ly .......... 5 .2 5 8 ,5 9 5 5,4 1 5,39 5 3 5 .5 6 4 ,0 7 0 3 4 ,9 7 4 .1 7 0
0 0 9 ,97 9
6 4 3 ,92 8
16.0
16
1** 622
PeorlaDeo.AEv.l3d wkSept
345 .34 7
316 114
Petersburg........July...........
4 3 ,0 8 3
51.818
Phila. A Erie... July.......... 3 6 1 .7 7 8 ; 3 8 2 ,56 1 2 .282,651 2 ,2 3 3,30 0
Phtla. A Read'g.l July.......... 1 ,720,603 1,8 1 4,15 0 1 1 ,2 68 ,0 3 2 11.6 18 ,7 2 1
CoalAlr.Co... July.......... 2 .0 2 8 ,2 0 5 1 ,905.605 12,404,199 1 2.342,233
Total both Cos. J uly.......... 3 ,7 4 8.80 8 3 ,7 1 9.75 5 23,6 72 .2 3 1 2 3 .9 6 0 954
447 ,99 9
59,4 07 ;
7 1 ,6 0 7
4 9 2 ,98 8
Ph. Read. A N. E. August___
Pitts.C.C.A8LL August___ 1 ,1 0 1,95 0 1,400,585 9 ,6 8 6,58 8 9 .6 9 4 .2 3 2
2 7.8 74
27,9 22
3 .7 3 5
3 631
Pltte.Llsb.AW'n August___
4 5 8 ,12 2
4 2 8 ,9 6 8
1 0 ,1 2 7
14,709
Pltt.8hen.AL. E. 2d wk Sept
1
,1
7
7,85
6
1
,1
8
3,26 2
2
9
,1
1
7
36.711
Plttsb.AWest. 2.1 wkSept
536 .24 3
6 15 .81 4
11,287
2 0 .0 8 4
Pltte.Cl.AToi. 2d wkSept
240
.26 6
2
78
.52
7
8
.459
9,157i
Pitts. Pa A F. 2d wk Sept
65.2 53 2 ,0 7 4,53 4 2 ,1 6 3,59 2
5 2 204
T*tal system.. 31 wk Sept
1,109.235
9
70
,00
9
2
15
.19
9
Pitt. Young.dc A. August__
122.081
163,496
195,596
24,5 03
Quincy O.AK..C. August___
24.787
4 4 1 ,60 2
4 4 2 .5 0
65,8 47
Rloh.Fr’ksb.&P jJuly..........
55,8 25
196.845
210.023
31.801
31,634;
Rloh. A Petersb. J uly..........
291,479
330.15L
9 ,9 5 4
RioGr. Souuin j3d wksept
9 ,3 0 0
5 6 .2 0 0 1,6 7 5,90 7 1 ,631,672
49.3 00
Rio Gr.Weat’n.. 3d wkSept
70,9
62
73,988
9
.7
9
2
Sag.Tusoola&H. August__
8.848
3.593
8,483
ttt.L.Ken’et«t8o. August___
3,2
3
5,89 1
3
,4
1
8,84
3
St. L. A San Fran. J uly.......... 500 ,18 9 4 7 3 .34 8
0*.L.oOuthw’m . 3d wk Sept 105.300 1 01,500 3 .1 2 3,19 0 3.3 0 9,35 2
9
0
1 .60 4
896.529
154.518
StaPaulADuTtb August.... 139,430
935,874 1 ,017,064
Ban Ant. at A.P. July.......... 120 ,78 6 132,933
5
3
3
.46 3
491
,97
5
87,151
7 6 ,5 7 6
8 Frau.AN.Pac. August___
Sav.Fia. A West. July.......... 234,521 285 .51 9 1.999,981 1,9 8 9,29 1
198
,43
5
155,694
8,342
8ber.Hbrev.de 8o 4th wkAug
6 ,340
Seab'rdAlr Lln«-, July.......... 244 ,72 4 219 ,45 6
14,121
13,594
8lL 8ps. O. A G July..........
11.000
8.000
811verton.......... August__
12,210
16,807
2,879
4,181
So.HavenA Eaai August__
J a c k .T .A K .W
8o. Pacific Oo.Gai.Har.A 8. A July.......
Louls’a West. July......
Morgan’ sLAT July..........
JH.Y.T. A Met July..........
Tex. AN. Orl. July..........
A tl. Prop’tea 6. July..........
Pact be system July..........
Total of all. t July..........
So. Pac. of Cai July..........
So.Pac.of ArU July..........
8o.Pac.of N.M July..........
Northern By,. July..........
Southern Ry... 2d wk Sept
August___
Staten Isi. K. T. June. . . . . .
8tonyCI.ACMt.. July..........
Summit Branch. August___
L»yk. Val. Coal August—
Fot’l both Go's Vugust—
T e x a s Central.. J u n e........
Texas A Pad 0c. Jd wkSopt
Tax.8.ValAN W May..........
KoLAOhloCent 3d wk Sopt
Tol.P. A West.. 2d wk8ept
Tol.Bt. L.A K.C. 3d wk Sopt
r A Del.... June ...
35,3 15
3 ,8 0 4
21,2 72
8 .002
84.249
19,4 23
22.8 26
411
9 ,098
5.581
9,021
6,327
71.5 77
34.9 74
18.8 42
522 ,27 8
13,538
34.147
4 38 ,63 5
75,6 86
11,2 47
5.105
15,0 74
26,3 32
185,998
2 L3.062
86,3 24
63,1 40
56,0 26
9.201
44,398
8 2 ,7 o6
2 4 i,5 3 2
4 3 3 .00 0
3 54 .57 0 3 4 2 ,75 9 2,737,525
4 96 .65 5
63,316
62.425
334 ,51 7 2 ,6 3 0 069
329,757
110,525
16.682
15,008
740.041
114 .89 8
107,018
/1 1 1 4 1 2 7 /1 0 8 5 8 9 7 /8 .5 4 2 .1 5 0
2 ,703.402 2,903. 65 17.489,468
3.8 1 7,52 9 3 ,988 962 2 6,031,924
9 47,978 6,641,339
833.551
150,190 1,315.791
147.651
663.249
80,024
74.427
189,131 1,163.185
2 0 3 ,26 9
12,358,633
375,973
378 .30 0
273,461
27,140
44,861
518.483
135,296
138 ,21 3
20.786
9 ,5 0 3 1
9 .327
616,583
79.852
6L.052
565 425
55.587
5 6 907
135,439 1,182,0 8
117,959
110,429
17,585
17,117
122,766 4 ,109,660
139.062
12,620
3,009
2,564
39.6^4 1,270,156
35,173
667,965
24.431
22,226
42,008 1 ,499,125
43,060
2 ,5 3 2,20 3
6 05 .86 7
3 ,1 4 3 560
128,482
918 ,74 7
^ 9,385,331
17 630 ,38 5
2 7.015,716
5,7 2 1,63 2
1 ,276.434
608 323
1.0 3 7.32 0
12,1 92 .3 8 7
168,372
505 ,79 6
21,568
758,651
447 .84 6
1,2 0 6,49 7
116,113
4.3 0 9,51 8
17,508
1,2 4 7,77 2
071,569
1 ,275.599
»an an.*>
548
THE CHRONICLE.
Latest Gross Warnings
R oads.
i Week or Mo
1896.
1895.
Jan. 1 to Latest Date.
1896.
8
$
$
S
Union Pacific—
Un. Pao. RR.. ;Jnly........ 1,248.275 1,192,508 7,409,345 7,606,521
489,137 499,206 3,047,77u 2,819,370
Or.S.L.AU.N July........
315.321
43,265
8t.J08.AOd.Is. July........
58,471
346,678
7,740
5,012
36,671
Kan.C.SSOm July..........
53,527
22,634
436,361
Tot.St.J.AG.I. 11st wkSept
470,033
16,87t>
31,000
17,000
402,000
304,239
Oent.Br........a :4thwkjuiy
Aob.Col.AP.) jju ly .........
25,442
18.821
171,084
146,200
Aeh..T.C.AW 1
39,382
60,935
Cen.Br.AL’dL July..........
400,258
304,621
Gr’ d total.*c 1July.......... 1.982,865 1.869.059 12,006,075 11,7 32.891
U. Pao. D. A G ... 'July.......... 235,074 262,711 1,697,356 1,685,858
Wabash........ . i3d wk Sept 239.437 261,854 8,675,5b 0 8,829,982
13,944
115,104
118,240
Waco ANorthw IJuly..........
13,684
124,394 117,167
390,561
413,804
West Jersey— April........
403,327
97,655
472,374
W.V.Cen.APitteIIMay..........
88,658
191,837
35,087
35,085
172,355
West Va. API tts. J u n e........
39,710
38,384
233,501
257,246
Western of Ala- Ju n e........
64,900
70,100 2,085, f 93 2,276,311
West. rf.Y. A Pa. 2d wkSept
23,421
32,724
899.899
Wheel. A L. Erie |2d wk Sept
950,718
87,519 103.851 3,129.528 3,168,533
Wisconsin Cent. 3d wkSept
5,045
5,174
44,769
38,263
Wrightsv.ATen J u n e.
York Southern. July.
5,560
5,316
* Figures given do not inolude Oregon Ry. & Nav., Un. Pac. D enver*
Gulf, Denver Leadville & Gunnison, Montana Union and Leavenworth
Topeka & South western, a These figures inolude results on eased lines.
b Includes earnings from ferries, etc., not given separately. JMexi
can currency. c InoludeB only half of lines in which Union Pacific has
a half interest.
cl Includes operations of the Ohio. Burlington & Northern in both
years.
§ Covers results for lines directly operated east of Pittsburg.
e Includes results on affiliated lines.
j Covers besides the Atlantio System the Houston * Texas Central.
Austin & Northwestern, Central Texas cc Northwestern and Ft. Worth
& New Orleans.
Latest Gross Earnings by W eeks.— The latest weekly earr
ings in the foregoing are separately summed un as follows :
.For the third week of September our preliminary state
ment n-vers 29 roads, and shows 3T2 per cent loss in the ag
gregate over the same week last year.
3d week of September.
1896.
s
Buffalo Roch. & Pittsb’g.
ChesaDeake & Ohio.......
Chicago Milw. A 8t. Paul,
Denver & Rio Grande....
Intern’ l & Gt. North’n ...
Kanawha A Michigan—
Kan. City Pittsb. <feGulf.
Kan. City Suburb. Belt...
Louisv. Evansv. & 8t. L.
Minneapolis & St. Louis.
Mo. Pacific <feIr- iM t___
New York Ont. <feWest’ n.
Peoria Dec. & Evansv...
Rio Grande Southern....
Rio Grande Western.......
St. Lou is Southwestern..
Toledo & Ohio Central...
Tol. St. L. & Kan. City..
Wabash. -........................
Wisconsin Central..........
Total (29 roads)..........
Net decrease (3T2 d, c.).
1895.
21,813
118,341
65.184
425,006
207,283
642,793
142,600
103,071
32,937
7,162
17,460
6.141
64,611
32,719
39,882
263,444
404,000
13.000
70,259
16,016
52,264
9,300
49,300
105,300
139,062
35,473
43,06<
239,437
87,519
*
22,990
140,184
62,413
422,000
192,233
713,999
150,70C
68,504
35,315
8,002
9,099
5,581
71,577
34.147
44,398
244,532
433,i 00
11,000
74,834
18,622
65,253
9,954
56,200
101,500
122,766
39,684
42,06b
261,854
103,851
3,454,431
3,565,759
Increase.
Decrease.
*
$
2,771
3,000
15,050
34,567
8,362
560
18,912
2,000
3,800
16,296
992
106,310
....
1,177
21,843
71,206
8,100
2,378
840
6,966
1,428
4,516
29,000
4,075
2,606
12,989
654
6,900
4,211
22,417
16,332
217,638
111,328
For the second week of September our tinal statement covers
79 roads, and shows 5’55 per cent loss in the aggregate.
2d week o f September.
Prev’ly reported (30 r’dsl
Alabama Gt. Southern...
Atlantio & Danville..—
Burl. Ced. Rap. A North.
Chicago Great Western..
Ohio. Peoria A St. Louis.
Chie. & West Miohigan...
Gin. Jackson & Mackinaw
Cleve. Canton A South’n
d e v . Cin. Chic. & St. L..
Col. Sandusky A Hoek’ g.
Des Moines * Kan. City.
Detroit Lans’g & North’n
Duluth So. Shore & Atl
Evansv. * Indianapolis.
Evansville * Richmond.
Evansv. A Terre Haute..
Flint & Pere Marquette
Fla. Cent. & Peninsular..
Grand Rapids * Indiana
Cincinnati R. & Ft. W ..
Musk. Gr. Rap. A Ind .
Grand Trunk of Canada.
Chicago A Gr’d TrunK.
Det. Gr. Hav. & Milw..
Cin. Sag. & Mack.........
Indiana Decatur A West.
Kanawha A Michigan—
Kan. City Ft. S. A Mem.
Kan. C. Mem. & Birm---Kan. City Pittsb. & Gulf.
Kan. City Sub, Belt........
Keokuk & Western..........
1896.
1895.
$
$
3,855,374 3,973,258
27,599
35,444
10,521
12,978
55.880
53,236
121,126
86,528
98,300
106,735
18,381
18,159
40.193
43,765
14,074
13,605
14,112
15,458
285,814
260,609
19,435
20,443
2,997
2,812
25,836
27,933
35,553
33,743
5,632
6,282
3,177
2,268
19,77'/
21,573
47,654
49,046
35.730
29,201
20,478
9 661
37,264
48,008
7,282
9,839
824
1,158
2,875
2,871
431,974
435,198
62,064
54,3b8
24,317
27,177
2,854
2,049
2,051
2,011
10,215
10,577
7,263
7,521
78,274
84,249
25,980
19,423
16,589
7,579
12.520
5,835
8,259
9,021
Increase.
s
221,711
2,457
2,644
222
469
1,346
155
1,810
901
6,529
10,817
4
3,224
7,676
40
6,557
9,010
6,685
' Nw. ... „ . ..
~
-------y ~ =~- ~
-----:______ :______:----?\* No price Friday; these are the latest quotations in
2d week o f September.
1895.
Decrease.
*
339,595
7,845
‘-34,598
8,435
3,572
25,205
1,008
2,097
650
1,796
1,392
10,744
2,557
334
2,860
805
362
258
5,975
762
Louisville & Nashville...
Louis. N. Albany <fe Chic.
Louisville Hend.& St. L..
Memohis *fe Charleston..
Minn. St. P. & 3. S. M ....
Norfolk <fe Western..........
Northern Pacific.............
Pitts, alien. & L. Erie
Pittsburg & Western......
Rio Grande Southern__
Southern Railway..........
Toledo Peoria A West’n..
West. N. Y. <&Pennsylv
[V ol . LXIII,
1896.
1895.
$
392,495
59,323
10,095
24,778
84,665
214,033
112,532
10,127
49,561
9,858
378.300
22,226
64,900
»
433,635
75,686
11,247
26.332
82.70(5
217,518
573,612
14,709
65,254
9.730
375,973
24,431
70,100
Total 179 roa d s______ 7,167,530 7,589.215
Net decrease (5-55 p. 0.1.
Increase
$
...
.
1,959
128
2,327
286,679
Decrease.
46,140
16,363
1,152
1,554
"3,485
161.110
4,582
15,693
2,205
5,200
708.334
421,655
N et E a rn in g s ilo n tliW to G ates! D ates.— T he fo llo w m g
show s the gross and n et ea rn in gs to la test dates o f a ll S t e a m
railroads fu rn ish in g m o n th ly statem ents. T h e com p ila tion
in clu d et every roa d fr o m w h ich w e can g et retu rn s o f this
ch a ra ctei and in that fo r m is g iv e n o n ce a m ou th . E a rly r e
turns ar- published fr o m w eek to w eek, as soon as issued, b u t
fo r the con v en ien ce o f o u r readers all th e roads m akin g r e
turns a n b rou gh t togeth er h ere in th e w eek in w h ich w e p u b
lish ou) m on th ly a rticle on n et earn ings— say on o r a b ou t th e
20th o f th e m on th .
The returns o f the street railways we give by themselves
tender a separate head at the extreme end o f these tabulations
— see paqe 551.
.'3 rr-s Earnings.---- ..-----Net Earnings. — .
18!; 6
1895.
-------1395.
--18C
1896.
Roads.
*
95
1L851
Adirondack.............. J uly
17,152
3,457
3,360
Jan. 1 to July 31___
107,880
110,962
30,154
34,399
AlabamaGt South.a. Aug.
123,440
136,964
37,159
43,591
Jan. 1 to Aug. 3 1 ....
920,022
962,003
193,959
250,096
July 1 to Aug. 31 ...
263,831
217,519
71,827
83,693
Alabama Midland.. .July
46,772
56,758 def. 1,111
12,550
Jan. 1 to July 3 1 ....
350,908
36,343
294,473
3,359
Allegheny Valley__ Aug.
238,885
212,830
85,015
96,955
Jan. 1 to Aug. 31___ 1.568,734 1,632,567
556,315
651,583
7,066
7,112
Arkansas Midland... July
918
2,219
49.601
Jan. 1 to July 31 .. .
49,269 def.3,057
18,685
Atcliis’nTop &S.F.b July 2,152,541 2,069,406
513,089
195,003
Jan. 1 to July 3 1 .... 15,742,776 15,522,183 3,946,937 2,494,148
Atlanta & W. Point..June
34,745
30,906
12,536
10.728
Jau. 1 to June 3t)....
241,017
214,43L
88,740
82,269
July 1 to June 3 0 ....
534,113
474,023
213,454
19 7,003
Atlantio & Danville..July
39,473
48.916
6,950
*2.492
Jau. 1 to July 3 1 ....
307,727
312,182
66,137
67,182
Atlantic * Pacific... July
257,833
279,981
54,783
10,653
Jan. 1 to July 3 1 .... 2,111,330 2,092,590
43 3,386
203.785
Augusta Southern...July
4,597
3,577
796
436
Jan. 1 to July 3 1 ....
38,040
25,8 13
10,672
2,453
Austin & Northw .. June
22,034
24,039
11.040
7,259
Jan. 1 to June 3 )
120,517
115.247
33,399
34,800
Balt. Ohio & Southw. July
491,138 519,221
130,644
128.296
Jan. 1 to July 3 1 .... 3,457,294 3,516,489 1,000,7L7 1,201,666
Bangor & Aroostook. July
51,324
50,703
18,631
14,938
Jan. I to July 3 1 ....
390,601
412,141
142.460
123,024
Bath * Hammonds..July
1,957
2,258
798
28
Jan. 1 to July 31 .. .
12,343
13,016
1,203
4,113
229
Birm. & Atlantic.b..July
1,432
1,630
def. 166
Jan. 1 to July 3L .. .
11,835
9,73 2 def. 1,38 3 def. 2,640
Brooklyn JE evated—See Street Railways.
20,689
Brunswick & West ..July
52,593
46,034
11,357
Jan. 1 to July 3 1 ....
352,309
289,593
115,706
48,382
Bull. Rooh.&Pitts, b. July
313,327
291,719
120,171
105,730
Jau. 1 to July 31 . . . 1,356,078 1,707,936
600.297
437,433
Buffalo & Susqueli’a. July
41,572
36,211
19,303
11.874
Jan. 1 to July 3 1 ....
272,078
210,189
110,266
77.040
Burl. Ced.R. &No.a. July 316,184
292,357
75,(59
63,867
Jan. 1 to July 3 1 .... 2,428,868 2,031,890
582,302
728,063
Camden & A tl.... a . April
72,118
66,526
14,348
17,037
Jan. 1 to Apr. 3 0 ....
204,855
194,089
927
25,943
Canadian Pacific.a. July 1,803,575 1,543,544
699,235
558,027
Jan. 1 to July 31....10,955,227 9,099,777 3,808,172 3,096,851
Carolina Midland.. .July
7,493
7,837
4,535
4,697
Jan. 1 to July 3 1 ....
29,847
23.729
8,693
4,234
Cent, of Georgia a..M ay
316,637
342,618
40,845
52,915
Jan. 1 to AWay 3L . . . 2,065,223 1,837.203
371,526
615,738
July 1 to May 3 1 .... 5,002,563 4,639,911 1,741,725 1,515,370
Central of N. J .a ....J u ly 1,199,356 1,127,831
509,356
466,495
Jan. 1 to July 3 1 .... 6,941,949 7,049,303 2,360,139 2,647,192
Central Pacific, b — July 1,108.6 49 1,183,215
472,294
48 4,088
Jan. 1 to July 3 1 .... 6,729,611 7,057,909 2,310,841 2,421,698
Char. Olen. <fc Sutton. July
4,541
5,333
3,543
2,273
Jan. 1 to July 3 1 ....
32,559
.25,406
15,561
14,812
Char. & Savannah... July
32,875
37,478
2,126 def. 1,248
Jan. 1 to July 31 . . .
356,828
340,835
94,926
76.728
Ches. * O h io .a .......July
840,054
780,041
291,531
262,15 6
Jan. 1 to July 3 1 .... 5,856,716 5.373,997 1,823,483 1,692,685
Ches. O. & So’ wn..... July
178,572
196,343
57,212
39,551
Ohio. Burl. & Quin.b* July 2,753,351 2,651,766
862,594
973,323
Jau. 1 to July 31....13,345,468 17,320,650 5,970,402 5,555,608
Chic. & East Illinois. July 309,231
312,576
130,243
127,596
Ohio. M.& St. P .a ... July 2,546,226 2,239,240
820,862
736,993
Jan. 1 to July 31....17,160,331 14,829,518 5,923,287 5,694,546
Chicago & Nor. Pac. July
72,557
62,219
51,732
46,059
326,775
Jau. 1 to July 3 1 ....
472,728
439,237
298,856
29,968
Ohio. & West Mich. .July
143,976
148,123
26,845
131,040
JaD. I to July 3 1 ....
878,893
936,928
133,570
Oin. Jack. & Mack.b. July
60,652
55,063
10,437
10,490
46,787
Jan. 1 to July 3 1 ....
400,046
334,477
35,614
Cin. N. Orl. & Tex. P. July
278,744
321,945
66,628
96,204
471,504
Jan. 1 to July 3 1 .... 1,929,127 2,004,364
535,396
Oin.Ports. & V ir.b..July
21,947
23,137
3,253
4,752
16,850
Jan. 1 to July 3 1 ....
152,789
143,444
23 282
13,409
Oleve. Canton & So..July
66,264
68,620
17,761
80,497
Jan. 1 to July 3 1 ..-.
393,693
366,480
70,917
THE CHRONICLE
S eptember 36, 1396.J
-Orost JBarnxngs.I89e.
Roads.
$
Clev.Cln. C. A Sc. L.a July 1.069,155
J a n . 1 to J u ly 31 . . . 7 . 3 3 0 , 1 9 1
1895.
#
-.V e t E a r n i n g s . -------1896.
1895.
1 .1 6 2 .1 3 1
7 ,7 5 6 ,3 1 2
2 1 7 ,9 1 ?
1 ,7 0 1 .3 3 3
2 t 0 ,2 0 8
1 ,9 3 1 ,5 1 3
P e o r ia A E a s l 'n . a . J o l y
J a n . 1 to J u ly 3 1 . . . .
1 3 6 .4 0 2
1 ,0 0 6 ,3 7 0
1 6 * 2 ,9 9 0
1 ,1 0 1 .9 9 3
4 1 ,3 7 *
2 3 3 ,6 5 3
C le v . L o r A W h e e l . .. M a y
J a n . 1 to .M ay 3 1 . . . .
J u ly 1 t o M a y 3 1 ____
1 3 4 ,2 1 4
5 4 1 ,-< 3 4
1 ,4 3 8 ,1 6 7
1 0 7 ,7 2 4
4 6 4 .3 0 3
1 ,2 4 6 ,5 3 5
2 0 ,6 3 0
2 2 5 .6 0 7
4 3 .3 4 2
1 4 “ ,2 0 4
4 3 1 ,2 3 9
3 2 ,7 0 ?
1 2 2 ,2 7 9
3 9 4 .2 5 7
C o lo r a d o M id la n d ____J u ly
J a n . 1 t o J u ly 3 1 ____
1 3 7 ,9 0 3
1 ,0 9 5 ,5 3 7
1 4 2 ,4 7 9
9 2 9 ,6 1 4
■ 2 9 ,2 1 0
2 3 7 .4 1 5
4 1 ,7 1 2
2 9 3 ,3 1 4
1 9 9 ,0 9 0
O o L C Io e k -V a l a r . b . Ju ne
J a n . 1 l o J in © 3 0 . . . 1 , 2 2 3 . 6 9 9
1 8 0 .1 0 0
1 .0 5 ,9 2 4
7 6 .5 0 7
4 8 3 .5 2 4
6 6 ,6 6 5
3 4 7 ,5 3
9 7 .2 8 5
4 3 5 .5 2 5
1 8 .4 3 7
0 7 ,5 9 7
3 9 .3 3 0
C o L d a n . A H u c k .____J u ly
J a n . 1 to J u ly 3 1 . . . .
7 6 ,2 7 2
4 4 6 ,3 4 5
C r y s t a l ......... ....................... J u ly
J a n . l t o J u l y 3 1 ____
1 ,2 1 2
7 ,9 2 6
811
3 ,8 9 5
536
631
300
455
C u m b e r la n d V a l l e y . . J u l y
J a n . 1 to J u ly 3 1
..
7 2 .5 1 9
4 6 1 ,1 1 6
7 5 ,8 9 3
4 4 6 . 2 37
1 8 ,0 2 3
1 2 9 .5 5 4
2 5 ,6 7 6
119.
D e n . A R G r a n d e .b J u ly
6 2 3 .4 3 7
J a n . 1 t o J u ly 3 1 . . . 4 , 0 9 1 . 3 5 5
ee M o iu e e s K . C .. J u n e
9 ,9 0 9
J a o . 1 to J u n e 3 0 . . . .
5 6 ,3 6 5
6 4 1 ,5 3 9
3 , 3 5 2 . 0 '? J
2 5 9 .2 3 6
1 ,6 :4 .7 6 3
294 446
1 ,6 1 6 .9 2 7
6 ,2 5 3
4 0 ,0 6 5
1 .9 8 4
1 7 ,2 0 7
571
4 ,5 3 i
D o s M o in e s N o . A W .J n '.y
J a n . 1 to J u ly 3 1 . . .
3 6 .1 7 0
2 5 0 ,0 7 4
3 0 , 0 49
1 8 0 ,2 7 6
1 0 .7 5 8
8 1 .2 0 1
9 .2 0 3
5 0 .3 3 7
Deta L a n * . A N o r . a .J u l y
J a n . 1 to J u ly 3 1 . . . .
1 0 6 ,6 2 2
6 3 0 ,1 8 1
9 9 ,7 0 9
6 4 6 .6 2 J
1 2 ,9 5 2
8 2 ,2 1 0
2 3 ,3 0
l ‘2 5 . i 1-4
D e t r o i t A M a e k 'c . a . J u l y
J a n . 1 to J u l y 3 1 . . .
3 4 ,5 6 5
2 9 2 ,9 6 7
3 9 ,2 9 3
2 2 6 ,3 4 2
1 2 ,7 3 3
1 1 6 ,9 4 5
1 4 .5 5 3
1 0 1 .9 1 0
E lg in J o lie t A E a ..J u l y
J a n . 1 to J n ly 3 1 . . . .
9 5 ,7 3 9
7 5 4 .7 1 8
8 2 .0 3 9
6 2 1 .2 5 3
2 8 .7 6 9
2 5 5 ,5 5 4
2 5 ,9 3 3
2 1 3 , 3 5 '*
................. ................ J u l y 2 , 8 3 5 , 5 3 3
3 .6 3 2 .7 0 1
J a u . 1 to J u ly 3 1 . . . 1 7 . 1 3 1 , 1 6 0 1 6 .3 S 6 .0 H
D e o . 1 t o J u ly 3 1 . . . 1 9 . 0 5 ,\ ? >7 1 6 . 6 2 1 , 1 0 4
7 3 2 ,4 5 5
4 ,3 1 0 ,1 6 5
4 ,-# 2 :. * 0 7
6 3 2 ,2 3 7
3 .7 7 ? ,4 1 0
4 ,2 7 5 .3 0 2
E r ie
E u r e k a S p r i n g s _____ J u ly
J a n . 1 to J u ly 3 1 ____
5 .8 8 ?
3 4 ,4 4 3
9 .2 4 6
3 9 , 4 #3
3 .6 1 9
1 0 .1 7 0
5 .2 4 3
1 8 , >01
P i lo t A P e r e M ar<i » J u ly
J a n . 1 t o J u ly 3 1 . . . .
2 0 1 .7 2 1
1 ,5 4 2 ,1 4 9
2 1 1 ,4 5 2
1 ,4 2 4 .8 9 7
4 9 .0 1 0
3 7 4 .6 1 1
5 5 .0 8 1
3 4 7 .9 2 0
W . A D e a r . C it y .J u ly
Ia n . 1 to J u ly 3 1 . . . .
6 9 ,1 4 9
4 9 9 ,2 2 6
7 5 .1 4 6
5 7 9 .7 7 4
1 0 .2 9 3
4 3 ,4 3 3
6 .0 0 o
1 3 2 ,1 0 |
5 ,9 9 2
5 2 .4 2 l
f t
F t . W o r t h A R io U r .. J u ly
J a n . 1 t o J u ly 3 1 . . . .
1 7 .0 7 6
1 7 0 .6 6 1
2 1 ,2 7 8
1 9 8 .5 J 0
0 .2 3 8
4 4 ,1 0 4
G a d sd e n A A l t U n ..A u g .
J a n . 1 t o V u g. 3 1 . . . .
847
7 ,2 0 9
369
5 ,6 2 0
313
3 ,5 0 3
................
J u ly
G e o r g ia .a
J a n . 1 to J u l y 3 1 . . .
9 3 ,0 4 4
7 8 8 .3 1 7
8 6 ,9 3 7
6 6 0 .0 J I
8 0 ,2 3 3
4 9 7 ,5 3 2
1 5 1 .3 0 J
3 9 ,2 5 0
2 3 4 .3 3 7
7 9 ,7 4 1
It 1 9 , 2 9 0
1C1 7 6 , 0 7 9
2 7 ,0 45
1 3 0 .2 3 1
4 0 , ,'8 8
a 1 5 ,2 1 1
1 :7 9 ,9 9 0
G e o r g ia A Alat> * . « } . 4 u «f.
J a n . 1 t o A u * . J l ____
J u ly 1 to A n * . 3 1 . . . .
G o . H o u tb . A F l a . i l . . A u k .
J a n . 1 to \ujr. 3 1 . . .
J u l y 1 to A u k * 3 1 . . . .
50
3 .3 2 0
159
8 ,8 6 J
1 ,3 3 *
7 1 .1 0 1
5 7 9 ,9 1 0
1 5 4 ,6 6 9
6 6 ,7 9 1
5 2 9 .8 1 0
1 4 2 .3 0 1
2 8 .7 1 3
1 3 0 . 2 #3
5 7 ,3 1 8
2 4 .4 2 4
1 4 6 .2 S !
5 1 .6 0 2
1 ,4 -9 3 ,9 1 6
2 4 5 ,9 3 2
1 ,5 1 0 ,5 3 1
4 ,5 0 4
2 4 5 ,5 0 i
6 2 ,0 *
3 2 5 ,2 3 *
O r .T r u n k o f C a n a d a . J u ly 1 , 5 9 7 . 0 1 3
J a n . 1 to J u l y 3 1 . . . . 9 , 8 9 6 , 7 3 3
6 1
R a p id * A l a d . .J u l y
J a n 1 t o J u ly 3 1 . . .
C h ic . A U r . T r u n k ..J t i ly
D e c . O r .i l . a M U .. J n ly
1 ,5 3 3 ,8 7 5
9 ,5 7 9 ,3 0 5
4 3 3 .0 0 2
2 ,1 4 0 ,0 2 9
4 3 2 ,6 3 0
2 , 7 7 0 , 3 '* l
9 1 3 .U 9
I * 3 ,0 o 9
2 2 1 .0 6 5
0 1 ,9 1 5
7 ,3 3 1
1 4 ,3 6 1
4 .2 3 i
1 3 .2 6
d e f.9 9 3
793
d e l. 7 2 *
d e l. 1 5 5
G u l f A C h i c a g o , b ___ J u ly
J a n . 1 to J u ly 3 1 . . . .
2 .4 6 7
2 1 .0 0 1
2 .2 .5 4
2 2 ,6 2 6
H e o a a , T u n . A W t l m . J u ly
4 ,7 9 6
4 ,7 4 1
1 ,9 0 2
2 .2 7 b
£1octet. A T e r . C e n t ..J u n e
J a n . 1 to J u n e 3 L . . .
1 9 1 ,6 9 0
1 ,3 0 3 ,7 6 2
2 1 3 ,0 2 6
1 ,5 3 7 ,7 6 6
2 0 ,3 6 5
1 7 0 ,5 3 4
* 2 .1 1 -?
4 5 l,9 8 * i
1 2 .5 6 0
7 9 ,6 7 5
4 0 3 ,7 05
3 ,3 3 1 ,6L u
1 0 ,1 7 7
7 2 ,1 2 7
5 6 ,0 6 J
4 3 8 ,5 0 0
6 ,5 0 9
1 2 4 .7 2 0
1 4 .3 2 i
1 2 5 ,1 1 2
I J 0 .9 5 1
1 ,0 2 4 , m
1 2 2 .3 0 2
8 5 4 .3 0 2
4 2 ,6 9 3
2 3 2 .8 43
I r o n R e U w s y . b ............J u ly
J a n . 1 V ) J u ly 3 1 . . .
3 .7 1 0
2 9 ,O t O
3 ,6 2 9
2 4 ,9 2 5
3 0 .9 0 1
3 5 6 .3 2 7
462
3 ,4 7 9
J a c k . n u n . A K . V J u ly
J a n . 1 t o J u 'y l i
..
2 2 ,1 2 9
1 9 2 ,5 5 9
2 1 .2 7 J
2 0 > .9 5 1
d e f.1 ,3 4 3
1 2 ,3 0 3
d e f.2 ,9 1 2
3* 532
K a n a w h a A M i c h .b .. J u ly
J a n . 1 t o J u ly 3 1 . . . .
3 7 .8 8 3
2 6 7 ,0 0 4
3 6 ,2 7 9
2 4 9 ,7 2 1
6 ,0 5 4
0 1 .5 3 3
5 .1 9 3
5 1 .3 99
E a n . ? ’ . P t . 8 . A M .a . J u ly
3 6 6 .3 6 5
J a n . 1 to J a ly 3 1 . . . 2 ,5 0 2 ,9 6 9
K a n . 0 . M e m . A B . a J u ly
8 3 ,1 0 3
J a n . 1 t o J u ly 3 1 . . .
6 2 1 ,3 9 7
K eoku k A W e e f o .b June
3 0 .6 2 3
J a n . 1 to J u n o 3 6 . . .
2 0 0 ,» i 7
3 3 4 ,2 0 2
X 4 * 2 ,3 4 3
1 1 6 .0 2 3
7 7 0 ,8 2 1
9 8 .8 7 7 4 1 .0 0 6
7 7 .0 4 7
5 5 6 .5 1 1
1 9 ,6 7 1
1 0 J .6 0 1
4 ,5 9 1
5 0 ,7 8 #
2 7 .8 43
1 5 7 .2 3 5
I J .9 0 *
0 0 .2 3 #
6 .6 1 5
3 7 ,4 1 7
3 ,7 4 1
3 1 .2 i l
6 ,5 7 9
4 4 ,7 7 6
00
1 ,5 5 7
845
2 ,u l0
2 7 6 .8 5 3
1 . # 7 6 .2 9 3
2 8 > .9 3 7
1 ,9 -3 3 ,5 »9
1 1 -5 .5 1 4
8 4 3 ,9 0 3
1 2 4 .9 2 5
3 3 1 ,2 1 0
L e x i n g t o n A B u s f n .J u l y
J a n . 1 t o J u ly 3 1 . . . .
1 7 ,3 9 9
1 2 4 ,5 5 2
1 9 .8 4 2
1 1 6 ,1 1 0
7 ,0 2 9
4 0 ,2 1 3
7 .1 4 8
4 2 .1 0 9
L o u t s v .E v . A S t . L . b A p r .
J a n . 1 to A p r . 3 ? . . .
1 2 3 ,9 9 3
4 9 1 ,6 4 3
U 3 ,7 7 4
4 2 2 .1 3 2
3 5 ,5 0 5
1 1 2 ,3 0 0
2 0 ,6 7 4
7 3 .4 1 1
L o u l s v . A N a a h v .b . J u ly 1 . 0 2 7 . 0 0 1
1 .8 4 1 ,9 1 3
J a n . 1 t o J u ly 3 1 . . . 1 1 , 2 9 9 , 3 3 0 1 0 . 7 7 2 , 0 V ?
4 9 9 ,9 9 9
3 ,5 0 1 ,0 6 3
5 1 0 ,0 1 5
3 ,4 9 1 ,5 9 8
I lli n o is C e n t r a l
. . . J u l y 1 .8 1 9 .5 3 1
1 ,5 0 4 .0 5 8
J a u . 1 to J u ly 3 1 . . . . 1 1 . 3 9 9 , 9 0 J 1 0 . 7 3 7 . 0 U
la d . D eo. A W e # t. b . Ju ne
J an . i to la n e J O ....
3 7 .1 9 8
2 2 > ,1 3 7
3 1 , 5 43
3 4 5 ,8 9 8
I n d ia n a U K A I o w a . .J u l y
J a n . 1 t o J u ly 3 1 ____
4 5 6 ,2 7 9
I o w a C e n tra l b . . ...J u l y
J a n . 1 t o J u ly 3 1 . . . .
L . E r ie A l l . A 8 o .m . . l u l y
J a n. 1 t o J u l y J l . . .
ts k k * E r te A W m t . b . J u ly
J a n . 1 t o J u ly J l
...
3 2 6 ,3 1 6
2,5# 7 4 . 0 7 2
111
4 .4 4 5
L o u l s v .i l c o d .A S t L J n l y
J a n . 1 t o J u ly 3 1 . . . .
4 2 ,2 0 4
2 6 2 ,6 2 9
3 9 .9 2 5
2 2 9 ,0 3 2
1 4 .8 3 7
6 1 ,0 6 7
1 1 ,2 7 8
3 9 ,2 9 9
L o u ls v . » . A . A C . a . J n a e
J a n . 1 t o J u n e 3 0 ____
J u ly 1 t o J u n o 3 0 . . .
2 9 3 ,1 9 4
1 ,5 4 1 ,9 6 8
3 .2 1 1 .9 7 3
2 0 1 ,5 3 1
1 .4 7 3 ,0 0 9
3 ,0 6 7 .0 1 5
1 0 6 .3 0 8
4 5 9 ,3 0 7
1 ,1 1 1 ,5 3 4
1 2 8 ,1 4 6
4 1 9 ,4 19
9 9 6 ,1 0 4
M a c o n A B i r m l n * . . . I n ly
J a n . 1 to J u l y 3 1 . . .
3 .9 5 0
3 1 ,9 6 1
5 ,1 0 5
4 0 ,5 4 9
d e f.1 ,0 9 3
d e f.6 .1 5 0
d o t 1 ,2 5 5
1 ,5 8 5
M a n l u t l q n e .................... J u ly
J a n . 1 to J u ly 3 » . . . .
1 3 ,5 3 3
7 9 .6 3 9
1 3 ,2 6 3
8 1 .0 6 0
7 .4 2 3
4 2 .1 7 8
9 .3 0 9
4 6 ,3 8 2
M e m p b l* A C b a a 'n . . J u l y
J a n . 1 t o J u ly 8 1 . . . .
9 0 ,9 9 3
0 9 6 .9 6 9
9 1 ,1 2 7
6 0 5 ,6 1 0
1 2 ,0 3 1
8 3 ,1 0 2
7 ,8 2 8
6 ,7 8 6
M e x ic a n c e n t r a l . . . .J u ly
J a n . 1 t o J n ly 3 1 . . . .
9 5 6 ,6 1 0
5 .6 9 4 .3 9 3
7 3 4 .7 2 8
5 .3 3 3 ,6 4 0
3 1 5 .3 3 4
2 .0 2 9 ,7 tu
2 8 0 ,1 5 5
2 ,1 9 7 ,2 3 0
M e x . I n t e r n a t io n a l .J u n e
J a n . 1 to J u n e 3 0 . . .
2 7 2 .2 4 9
1 ,5 1 9 .0 9 8
2 1 3 .0 6 2
1 ,2 9 2 ,6 5 1
1 1 0 ,7 4 7
567 197
8 5 .2 4 2
5 2 6 ,4 5 8
M e x i c a n N a t i o n a l .. . .J u l y
J a n . 1 t o J u ly J l ____
4 2 1 .0 1 5
2 ,9 2 0 ,4 0 1
3 5 4 .0 8 2
C 1 9 3 .1 7 7
e l6 1 ,2 9 0
2 ,5 0 7 .9 0 9 r l .2 4 0 .l 9 6 c l .1 1 2 .6 1 7
M e x i c a n N o r t h e r n .. .J u l y
J a n . 1 t o J u ly 3 1 . . . .
6 # ,63 4
4 7 8 ,5 0 7
6 3 ,1 4 0
3 9 9 ,6 0 -5
3 1 ,7 4 9
2 5 6 ,3 0 4
3 3 ,3 4 9
2 0 9 ,0 0 8
549
G ro ss E a r n i n g s .-
.Yet E a r n in g s . —
1896
1895.
1896,
1895.
Roads.
$
$
Minn. & St. to o ls ...... toly
157,637
1 ^ 2 ,4 6 0
5*842
5^775
Jan. 1 to Joly 31 . . . 1,051.912
9 3 ( 3 ,0 1 0
3 6 -3 ,1 9 )
3 3 3 ,3 9 7
Minn. St.P.AS.SteM.July 311,973
2 3 1 ,0 0 3
1 2 1 ,2 4 1
6 > ,6 2 2
J*a. 1 to July 31 .. . 1,991.831 1 , 3 1 9 , 2 X )
7 6 5 ,9 5 1
3 0 7 ,6 0 3
Mobile A Birtn’ghatn. tuly
21,372
512 d e f . 2 , 6 8 8
l* ,033
Jau. 1 to July 31 . . .
152,393
1 4 9 ,5 6 2
4 ,9 7 3
d e f .3 ,3 8 1
Mobile * Ohio......... .lu ».
275,337
2 5 0 ,8 1 2
8 2 ,2 9 7
7 7 ,6 4 3
Jan. 1 toirn t. 31___ 2.268.760 2 . 0 9 4 . 5 5 8
6 6 6 .1 8 3
6 0 1 , - '8 5
July l to Aug. 3 1 ....
513,596
4 9 6 ,0 6 9
1 6 1 ,3 3 3
1 4 8 ,8 8 8
Vash.Ch. At 8t. L .b.A u g.
101,020
4 0 9 .3 0 3
1 4 7 ,3 6 3
1 8 4 ,3 2 3
Jan. 1 to Aug. 3 1 .... 3.258,583 3 , 0 2 1 , 5 >1 1 , 1 3 5 , 7 1 5 1 , 2 1 7 , 5 9 8
July 1 to Aug. 31 ...
819,639
7 8 5 .3 iS
3 0 9 ,3 0 9
3 3 1 ,4 7 8
Neva,la Central........ July
3.093
2 .0 7 5
724
80
Jan. 1 to July 31__
18,089
1 5 ,7 9 9
2 ,2 7 1
146
NevadaO'yNur.U'ge. Apr.
7,985
8 .0 7 5
3 ,0 2 2
2 ,7 6 2
Jan. 1 to Apr. 30___
29,366
2 7 ,9 1 0
9 .1 4 4
6 ,9 8 4
N. Y.Ont. A West___July
396,322
3 5 3 ,4 4 4
1 4 7 ,8 1 2
1 1 3 ,1 8 8
Jan. 1 to July 31___ 2,129,130 2 , 0 3 2 , 4 0 0
5 7 1 ,5 4 5
5 2 4 ,9 0 1
V Y. Bus. A West-b Aug.
180.129
1 9 0 ,4 0 6
7 5 ,1 4 4
7 9 ,6 9 0
Jan. 1 to Aug. 31----- 1,110,361 1 , 4 5 8 , 4 7 5
6 6 .0 5 5
5 2 6 ,5 6 1
July 1 to Aug 1 . . .
378.918
3 8 2 ,8 3 3
1 6 6 ,7 2 0
1 6 2 .9 3 6
Norfolk A West'n.si. July 882,721
7 6 3 ,3 4 9
2 1 1 ,9 7 4
2 3 8 ,2 7 2
Jan. 1 to July 3 1 .... 6,516,961 5 ,1 8 0 ,-5 2 1 1 , 3 2 3 , 2 9 8 1 , 1 4 6 , 4 1 0
.Northeastern of Ga.Juue
3,738
3, U S
1,202
63
Jan. 1 to June 30. ..
28,922
2 4 ,8 0 9
7 ,9 6 9
3 ,4 7 9
Sotth. Central, b .......Ang.
516,39 1
5 7 8 ,0 7 2
1 4 4 ,6 3 2
l 9 0 ,3 6 0
Jan. 1 to Ang. 31 .. . 3,965,188 4 , 1 2 0 , 2 6 3
9 1 3 ,3 3 6
1 ,1 5 0 ,9 5 8
Northern P a cific.b .M iy 1,323,501 1 ,3 2 1 , 2 4 9
1 4 4 .0 9 8
3 0 9 ,7 9 0
Jau. 1 to May 31 .. . 6.211,501 5 , 8 2 5 ,0 0 1 1 , 6 1 3 , 6 0 6 1 , 5 7 9 , 6 2 4
July 1 to May 3 t . . ..13,230.78116,160,622 7 , 4 6 6 , 7 9 9 5 , 7 6 2 , 3 L8
Ohio R iver.b.......... July
81,250
80,033
2 2 ,6 8 3
2 3 ,0 5 2
Jau. 1 to July 31 . . .
551,000
429,791
1 6 6 ,0 3 0
1 4 6 ,6 0 5
Ohio River Anitas Mar.
17,729
18.501
3 ,7 3 2
Jan. 1 to Mar. 3 1 ....
55,078
41.117
1 3 ,2 0 1
1 1 ,1 5 7
Pennsylvania—
Lines directly operated—
East of Pitts.A iv July 5,258,595 5,115,395 1,462,611 1 . 5 5 9 . 8 3 1
Jau 1 to July 31.,35.564.070 31.974,170 8,975,137 9 , 2 0 5 . 1 8 7
West of Pitts.AE. July
Deo. 330,900
Deo. 2 4 7 , 9 0 0
Jan. 1 to July 31...
Iuc. 378,400
luo.
6 1 ,8 0 0
All lines operatedEast of Pitts AE. July
Dec. 158,600
Deo.
9 2 .1 0 0
Jan. I to July 31..
Ino. 506,300
Deo. 6 6 3 , 5 0 0
West of Pitts. AE. July
Deo. 363,300
Deo. 2 3 7 , 1 0 0
Jan. 1 to July 31..
Ino. 358.300
Inc.
6 3 .1 0 0
Peor.a Dec. A Ev__ tpr.
61,<>93
70.299
11,431
2 1 ,5 5 0
fan. 1 to Apr. 3 0 ....
282.016
294.286
81,280
9 7 ,5 9 3
Petersburg...............July
43,03?
51,818
17,342
2 1 ,9 9 1
Jan. 1 to July 31 . . .
345,347
316,114
146,263
1 1 0 ,7 0 3
Philadelphia AErleb July
364,778
332,561
74,056
D '0 , 0 3 0
Jan. 1 to July 31___ 2.232,651 2,233,300
542.122
5 5 1 ,3 0 8
P im a . A R e a d i n g .. . .J u l y 1 , 7 2 0 , 0 0 3
1,814,150
712,882
8 1 3 ,6 8 8
1 a n . 1 to J u ly 3 1 . . . . 1 1 , 2 0 3 , 0 3 2 1 1
1 3 , 7 2 1 4,647,683
..u .,™
‘ , 6..........
1 ,9 0 0 ,3 1 9
D e o . 1 l o J u ly 3 1 . . . 1 3 , 1 0 1 , 2 8 3 1 3 , 1 7 0 , 0 1 3
3 ,4 6 3 f l2 ?
5 ,5 7 0 ,2 1 1
C o a l A I r o n C o ......... J u ly 2 . 0 2 8 , 2 0 5
1 .9 0 5 .6 0 5
6 6 ,7 7 6
<?f. 5 1 , 6 7 8
J a u . 1 t o J u ly 3 1 . . . 1 2 , 1 0 4 , 1 9 9 1 2 , 3 1 2 , 2 3 3 d f . 3 5 5 , 8 6 7 d f .J O S i i t d
D e e . 1 to J u ly 3 1 . . . . 1 1 , 6 2 0 . 5 5 7 1 3 , 9 3 0 , 1 8 9 d f .4 3 -< ,2 S 7 d f .3 9 ;> ,8 9 7
T o t a l b o t h C o s ...........J u ly 3 , 7 1 8 . 8 0 8 3 , 7 1 9 , 7 5 5
t a n . I to J u ly 3 1 . . . . 2 3 , 0 7 2 . 2 3 1 2 3 , 9 6 0 , 9 5 1
Dec. 1 to J u ly 3 1 . . . . 8 7 , 7 2 1 , 8 1 5 2 7 , 1 0 1 , 1 3 8
7 7 9 ,6 5 8
4 ,2 9 1 ,8 1 8
5 ,0 2 5 ,1 3 6
Phil. Bead. AN.Eug.Aug.
59,107
71,007
1 9 ,3 7 1
Jau. 1 to Aug. 3 1 __
117,999
192,938
1 2 7 ,1 4 1
Pitts. C. 0. A St. L... Aug. 1.161,950 1,106,585
3 9 2 ,1 3 7
Jau. 1 to Ang. 3 1 .... 9.686.589 9,691,232 2 , 4 6 3 , 7 0 9
Puts. Lis. A West....July
3,112
3,511
1 ,2 0 3
Jau. I to July 31 . . .
21.139
21,291 d e f . 2 , 9 0 1
Pittsburg A Western.July
285,586
292,367
9 5 ,7 4 6
5 1 9 ,7 3 9
Jail. 1 to July 3 1 .... 1,691.215 1,671,128
Pitts. Youngs. A A .. Aug.
122,681
215,199
3 7 ,6 3 1
Jau. 1 to Aug. 31 ...
970,009 1,109,235
3 2 3 ,1 0 2
Rich. Fred. A Pot...July
55,325
65,317
1 3 ,6 7 9
Jau. 1 to July 31 ...
112,506
111,602
1 2 5 ,2 0 9
1 3 ,3 8 3
itioh. A Petersburg. .July
31,631
31,801
6 1 ,2 7 5
Jan. 1 to July 3 1 ....
210,023
196,815
1 4 ,3 5 2
Rio Grande South.b. July
37,917
31,912
Jan. I to July 3 1 ....
257.565
218,115
9 6 ,2 7 0
6 4 ,5 5 2
Rio Orande West. b . July 206.273
203,671
4 4 7 ,9 0 4
Jan. I to July 3 1 .... 1,311,607 1,253,072
1 ,9 3 5
8a*. T ub. A Huron...Aug.
8,318
9,792
5 ,3 9 7
Jan. I to Aug. 3 1 ....
70.962
73.983
2 1 1 ,7 6 0
St. Louis A San Pr...July
500.189
173,313
Jau. 1 to July 3 1 .... 3.118,813 3,235,391 1 , 2 6 4 , 6 4 7
1 2 ,6 1 8
San Ant. A Aran. P...July
120,736
132,933
1 6 2 ,7 4 5
Jan. 1 to July 31 . . .
935.871 1,017,061
8 3 ,4 6 3
SanPr. AN. Pao......la g .
76,576
87.151
1 3 6 .9 7 2
Jan. 1 to Aug. 3 1 ....
191,975
533.163
6 4 ,5 5 1
July 1 to Ang. 3 1 ....
119,719
169,511
3 2 ,8 9 5
3av. Fla. A West. b.. July
231.521
285.519
4 9 5 ,1 9 0
Jan. 1 to July 31 .. . 1,999,981 1,989,291
4 8 ,4 8 8
Seaboard Alr-Llne...July
211,721
219,156
6 .9 0 2
Silver Sp. Ocala A <3.July
13,591
11,121
3 ,1 8 6
S llv ertou ...............July
6,532
9,872
127
South Haven A East. July
3.250
2,143
Jan. 1 to July 3 1 ....
12,826
9,331
............
Southern Pacliio—
.
•al. U. AH.Aut. b-July
351,570
312.759 103.118
Jan. 1 to July 31 . . . 2.737,525
2,533,233 815,187
ismtslana West.b. July
62,125
6?,316
20,377
Jan. 1 to July 31..
190.653
69>,S07 178,117
M'gan'sLa.ATex.b.J’ly
329.757
331,517
55,421
Jan. I to July 31.. 2,030,0 1?
3,113.560 503,799
N.Y.Tex. A M ..b..July
15,003
16.682
3,371
Jan. 1 to July 31 .
110.525
128,132
21.38?
Texas A N. O. b .July
107.013
UI.N98 35,013
Jan. 1 to July 31..
710.0U
918.717 219,211
Atlantic Prop b|| .July: 1,111.127 ;i,085,897
Jon. 1 to July 3 1 ....; 8,512,456 ;9 ,385,331t2.027.5ol
Pacific System.b .July 2,703,402
2.903,085 1,038,347
Jan. 1 to July 31....17,189,168 17,630,335 5,554,379
Total of all.b ....... Tuly 3,817,5 2? 3.984,902 '-317.595
JftO. 1 to July 31 ...26,031,934 27,015,710 7,581,933
7 6 2 ,0 1 0
4 ,7 6 1 ,8 7 9
5 ,1 7 9 ,3 1 4
2 7 ,9 6 6
1 3 9 .7 5 7
5 3 0 .7 5 7
2 ,4 2 2 ,7 0 i
d e f.4 6 6
d e f.8 3
9 4 ,7 8 5
5 0 2 ,1 5 9
1 0 8 ,0 2 2
4 5 3 ,5 0 8
2 6 ,6 7 3
1 4 6 ,3 2 4
1 2 ,2 9 9
4 9 ,3 9 5
1 9 ,0 6 2
1 0 0 ,6 8 2
7 9 ,1 3 8
4 2 7 ,1 5 4
1 ,8 3 5
1 3 ,4 3 1
1 6 8 ,1 8 2
1 ,1 9 0 ,1 1 8
2 3 ,7 0 7
1 9 0 ,1 1 5
3 7 ,4 5 7
1 6 3 .9 0 2
7 1 ,3 5 4
8 3 ,0 0 2
6 L 7 ,0 3 4
3 6 ,8 6 9
4 ,0 3 3
5 ,5 5 0
617
9 0 ,6 9 7
6 -S 2 .7 6 3
1 8 ,9 6 4
2 7 1 ,7 5 2
1 5 ,2 5 4
6 5 5 ,3 4 2
3 .0 7 6
3 3 ,4 9 6
3 7 ,8 4 6
3 6 2 ,4 7 5
1
1 3 7 ,1 9 8 jl37,198
S359,218
{2,561,192
1,112,909
5,362,760
1-300,107
7,931,952
rvot. Lxin.
THE CHRONICLE.
550
-Gross Earnings. —
-----1895.
1896.
Roads.
Bo. Pacdfie—fO o * .;—
$
-Net Earnings.---1896.
1895.
$
429,163
334,477
9 47,978
5,721,632 1,833,665 2,040.861
150,190
29,402
12,482
1,276,13 4
333,486
351,993
80,024
28,767
21,080
608,323
234,507
172,19 5
9 1,491
189,131
43,367
1,037,320
132,42 7
330,938
1,551,554
465.335
420,909
11,452.822 2,875,0 ‘6 2,735,113
817,799
743,785
3,052,455
27,140
16.474
23,537
163,372
151,262
88,863
135,296
8 J.4 *2
76,989
505,796
186.101
177,713
1,114,865
455,449
460,752
9,503
6,018
5,886
7,902
21,563
4,071
79,852 def. 18,075 def.6,915
64,591
753.65L def.93,642
55,587 def.15,529 deM 4,52«
447,846
9,065 def.34,234
135,439 def.33,604 def 21,441
30.307
1,206,497 def.89.577
3,207
17,585
def.782
116,113
27,027
10,306
3,009
690
1,148
17,503
2,334
6,218
177,934
40,204
62,503
949,640
29^,897
247,29 7
91,250
15.782
27.147
155,963
627,653
123,515
167,644
41,289
32,457
5 So. Pac. of Cal., b .. July
833,551
Jau. 1 to July 3 1 -... 5,641,339
So Pac.of Ariz’ a b. July
147.651
Jan. 1 to July 3 1 .... 1,315,794
74,427
Sc.Pac.of N. M. b. .July
663,249
Jan. 1 to July 31---203,269
Northern Rail’ y b.July
Jan. 1 to July 31 — 1,163,185
Southern Railway.a. xVug. 1,442,002
Jan. 1 to Aug. 31....11,622,429
July 1 to Aug. 3 1 ..., 2,865,677
Spokane Falls & No.. Aug.
44,861
Jan. 1 to Aug. 31......
273,461
Staten I. Rap. Tr. b. June
138.213
518,483
Jan 1 to June 3o---July 1 to Juno 30---- 1,192,061
9,327
Stony Cl. AC. M ..b..Ju ly
20,786
Jan. 1 to July 31 —
61,052
Summit Branch.e...Aug.
616,583
Jau. 1 to Aug. 3 1 ...,
56.907
Lykens Val. Coal.e Aug.
565,425
Jan. 1 to Aug. 31___
117,959
Total both Co’s. e.. Aug.
Jan. 1 to Aug 3 L .... 1,182.008
17,117
Texas Central .....J u n e
110.429
Jan. 1 to June 30___
2.564
Tex. Sab. V. & N. W.. May
12,620
|Jan. 1 to May 3 1 ....
Toledo AOhio Cent b . July
167.430
Jan. 1 to July 31 — 1,040,142
70,236
Tol. Peoria A West.b. Aug.
626,169
Jan. 1 to Aug. 3 1 ....
July 1 to Aug. 31___
147,198
Ulster & Delaware—
Jan. 1 to June 3 0 ....
171,468
168.665
13,932
29,310
419,354
July 1 to Ju86 30___
405,226
104.441
90.148
Union P a cificUnion Pac. R y..b .J u ly 1,248.275 1,192,508
492,129
444,416
Jan. I to July 31 .. . 7,409,345 7,606,521 2,561,414 2,695,265
Oreg. S.L. AU.N.b. Tuly 489.137
499,266
162.861
239.346
Jan. I to July 31. 3,047,770 2,819,370 1,412,983 1,121,573
St.Jos. A Gd Isl.b..Tuly
43,265
58.471
15.917
542
Jan. 1 to July 31..
315,321
346,678
60,575
38,512
7,740
Kan. C. & Om.b— July
5,012 def.?,321 def.5,972
53,527
Jan. 1 to July 31..
36,671 def.3,904 def.24,986
35,493
Cent. Branch..b...July
20,561
15,064
2,710
Jan. 1 to July 31..
229,174
158,421
93,195
28,867
Atcli. C. & Pac. {
lul v
25,442
18,821 def.5,910 def.6,960
At.Jew. C. AW. \ D- Jmy
Jan. 1 to July 31..
171.084
146,200 def.30,450 def.33,922
Grand Total.b t...J u ly 1,982,865 1,869,059
689,047
679,601
Jan. 1 to July 3 l.. 12,006,075 11,732,891
'
4,208,780 3,880,122
Un. P.D. A Gulf. b .... July
235,074
262,711
46.095
59,966
Jan. 1 to July 31 . 1,697,356 1,685,858
294,403
295,06)
Waba8h.b.................July 1,045,500 1,074,023
315,315
317,814
Jan. 1 to July 31___ 6,875,346 6,747,034 1,752,882 1,679,167
Waco & Northw’ n .July
13,944
13,634
3,463
4,794
Jau. 1 to July 3 1 -...
118,240
115,104
42,138
46,732
124,394
West Jersey & Brs.. Apr.
117,167
25,634
33,272
413,804
Jan. 1 to Apr. 3 0 ....
390,561
50,928
61,727
97,655
West Ya. Cent. A P..May
88,658
30,487
28,950
Jan. 1 to May 31......
472.374
403,327
154,044
142,623
July 1 to May 31...... 1.089,323
957,78 7
373,269
326,119
W.Virginia & Pittsb. Jone
35,087
35,085
12,572
20,044
Jan. 1 to June 30___
191,837
172,355
93,427
93,768
West’n o f Alabama..June
39,710
38,384
14,180
9,415
Jan. 1 to June 3 0 ....
233,501
257,246
80,102
69,862
July 1 to June 3 0 ....
579,804
523,282
211,964
177,223
West.N.Y.&Penn, b .July
275,979
309,307
105,481
101,208
Jan. 1 to July 3 1 .... 1,641,493 1,801,768
534,764
457,865
Wisconsin Central... July
428,995
434,507
180,190
166,897
Jan. 1 to July 3 1 .... 2,453,475 2,426,305
795,094
927,807
Wriglitsv. & Tenn..June
5,045
5,174
def.265
1,611
Jan. 1 to June 30__
44,769
3^,263
18,016
6,831
July 1 to June 3 0 ....
92,234
80,648
35,042
22,860
York Southern..........July
5,560
5,316
2,602
1,584
a Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes,
c Deducting other expenditures for repairs, replacements and general
expenses, net income applicable to interest on bonds in July was
$105,995, against $74,772 last year, and from January 1 to July 31
$695,891, against $560,340. This is the result in Mexican dollars
treated (according to the company’s method of keeping its accounts)
as equivalent to 80 cents in United States money—that is, all depreci
ation beyond 20 per cent has already been allowed for.
d Prior to July 1,1896, taxes were included in expenses for 1896
only, but since then they have been included for both 1896 and 1895.
$ Figures for 1896 do not include results on Albany Fla. & Northern
■While those for 1895 do.
e Results of coal mining operations only.
g Including other income, the net for July was $49,720, against
* 45,641, and from Jan. 1 to July 31 was $268,685, against $171,686.
t Includes only oue-half of lines in which Union Pacific has a part
interest. Figures are given exclusive of results ou Oregon Rail wav A
Navigation, Union Pacific Denver A Gulf, Fort Worth A Denver Citv
Leavenworth Topeka & Southwestern and Montana Union.
||Including income from ferries. Ac.
* Includes ( hioago Burlington A Northern for both rears.
1 Includes besides Atlantic System the Houston A Texas Central ,
Austin & Northwestern, Central Texas A North western and Ft. Worth’
& New Orleans.
M iscellaneous Companies.
Ed.El.111. Co.,Bklyn.Aug.
Jan. 1 to Aug. 31___
fidison El. II. Co.,N. Y. Aug.
Jan, 1 to Aug. 31___
Edison El.Il.Co.St.L.July
Jan. 1 to July 31___
Grand Rap.Gas L.Co Aug.
Jan. 1 to Aug. 31___
Laolede Gas-L. Co... July
Jan. 1 to July 31___
- Gross Earnings.— /---- Net Earninas.-----.
1896.
1895.
1896.
1895.
$
*
$
00,652
51,328
23.059
16,949
523,0h2
353,149
228,333
143,503
155,017
134,274
64,379
54,742
,117,813 1,285,916
676,183
604,273
20,334
27,375
188,332
182.242
..........
........
7,742
6,537
............
71,170
62,148
45,044
56,818
409,063
460,692
------ G ro ss E a r n in g s . — » ---------Ne< E a r n i n g * -------*
1896.
$
10,161
Mexican Telephone.. Apr.
39,876
Jan. 1 to Apr. 30 ...
20.57D
Mar. 1 to Apr. 30 —
250,195
Oreeon Imp. Co.a ...July
Jau. 1 to July 3 ... 1,877,437
Deo. 1 to July 3 1 .... 2,117,761
292,245
Paoilto Jail ........ July
Jan. 1 to July 3 t ------ 2,282.414
964,550
Mav 1 to Julv 31 ..
........
Teun Coal l . A RR-.Aug.
Jan. 1 to Aug. 31 -----Western Gas Co.—
Milwaukee Gas-L.Co. Ang.
.......
Jan. 1 CO Aug. 31 ------
1895.
R oad s.
*
9,295
36,138
18,341
273,904
1.8 44.-198
2,12 '.094
316,002
2,6 -7.i 03
1,137,569
.....
1896.
*
1895.
31
5,065
18.0 >4
10,035
38,847
137,234
132,726
5.197
331,314
141,353
29.715
544,043
4.807
16,789
8,190
32,981
185.727
207,620
23,536
497,116
217,225
107,923
582,760
29,099
255,133
24,781
240,002
interest Charges and S u rplu s.—The following roads, in
addition to their gross and net earnings given in the foreg ling,
also report charges for interest, &c., with the surplus or deficit
above or below those charges.
Inter't, rentals,
JBat of Net Rams.—*
1896.
1896.
1895.
1895.
Roads.
$
8
22,087
19?196 def. 7,249
Bangor & Aroostook. July
485
152,583
126,561 def 10,128
2,463
Jan. 1 to July 31 —
72.509
72,760
47,662
32,970
Baft. Roch. & Pitt8..July
Buffalo A Susqueh’a..July
12,988
10,897
6,315
977
Camden & Atlantic.. Apr.
11,598
12,475
*3,589
*5.214
60,511 *df.5i,887 ■'df.30,657
Jan. 1 to Apr 30---59,548
880,000
872,954
93,323 def. 10,360
Ohio. Burl.A Quincy. July
Jan. 1 to July 31___ 6,160,000 6,110,632 d f .' 89,598 df.5-55.074
115,994
115,909
*41,690
*29,611
Chicago & East III...July
33.516 def.4,131 def.6,671
Ohio. A W. Mich.......July
31,099
232, 99 dt. LOo,. 95 def.39,229
236,235
Jail. 1 to July 31. ..
5,130
231,561
16,252
Olev.Cin. Ch.&St. L,. July
235.078
36,802
4,572
Peoria A Eastern.. J uly
36,802 def.8,172
180,733
73.5 3
115,098
Denver & Rio Gr’ de. July
179,343
Det. Lans. A Nor... .JuLy
16,146
29,965 def. 3,1 *4 def. 6,66 5
Jan. 1 to July 3 1 ....
15 4,8 8
187,415 def 72,678 def.62,197
Flint A Pere Mar... ..July
4,003
51,3 33
51.031 def.2,32 3
358,577
Jan. 1 to July 31---357.818
16,031 def.9,392
Kanawha A Mich___ July
10,286
10,176 ‘ def.3,432 *def.4,683
113, *86
109,9 )3
Kan. 0. Ft. 8. & M .. .July
2.642 def. 11,225
Kan. C. Mem. A Bir. .July
16,507
13,371
3,164 def.9,280
57.668
57.617
67,259
57.897
L. Erie A West'll,----- July
404,*92
403,004
423,976
430,206
Jan l to July 3 1 __
59,098
Nashv. Chat A8t.L,Aug.
124,981
125,225
22,387
84,028
July 1 to Aug. 31 ...
249,962
250,450
59 347
290 879
243,738
239.878
148,399
Pitts. 0. 0. & St. L... A.ug.
310,893
304,709
Jau. 1 to Aug 31---- 2,152,815 2,117,999
3,621
Rio Grande South...July
936
13,416
14,441
18,244
San Fran. & No. Pao. Aug.
19,104
19,213
14,359
26,343
32,929
July 1 to Aug. 3 1 ....
38,208
38,425
47,884
59,188
Tenn. Coal I. & RR. Aug.
48,735 def. 18,169
333,072
181,915
Jan. 1 to Aug. 31....
400,845
160,971
Toledo A O. Cent... .July
*19,674
40,513
43,251
^315
Toledo Peo. & West.. Aug.
21.973
20.334 def.6,191
6,763
521
July 1 to Aug. 3 1 ....
43,945
40,768 def. Ll,4s8
18,583
West Jersey A Brs. Apr.
21,410
*7,490
*13,265
Jan. 1 to Apr. 30___
104,174:>def,12,6i9*def.lO,633
84,838
* After allowing for other income received.
STREET RA.ILVfAXS AND TRACTION COMPANIES.
The following taole shows the gross earnings for the latest
period of all s tr e e t railways from which we are able to obtain
weekly or monthly returns. Tne arrangement of the table is
the same as that for the steam roads—that is, the first two
columns of figures give the gross earnings for the latest
week or month, and the last two columns the earnings for
the calendar year from January 1 to and including such latest
week or month.
STREET RAILWAYS AND TRACTION COMPANIES.
E
G ross
a r n in g s .
Latest Gross Earnings.
Akron Befif’dA Clev. August___
Akron St.Ry.A 111. Co. June .
Allent’n & Leh. Tr’t’n May. .
Amsterdam St. By... July..
Atlanta Con. St. R y. July..
Atlanta Railway....... August---Baltimore Traction... AUgU'.t---Bath 8t. Ry. (N. Y.).. August__
Bay Cities Consol__ August___
Binghamton St. Ry... August---Bridgeport Traction 2d wkSept
Brockton Con. St. Ry. August___
Brooklyn Elevated.. July........
Br’klyu Raf>.Tr. Co.—
Brooklyn Heights.. August___
Br’klyn Qu’ns A Sub August__
Total for system . August___
Buflalo R y ................ June ...
Chester Traction___ August.
Chic. A So. Side R.T.. July....
Oin. Newport A Cov.. July....
City Elec. (Rome.Ga.) August___
Cleveland City Ry__ J u n e........
Cleveland Electric... August....
Columbus 8t. Ry. (O.) August---Coney Island A B’ lyn. August___
Consol. Traction. N.J May...........
Dayton Traction....... August---Deuver Con. Trainw. August___
Detroit Ry.................. July..........
Duluth St. Ry........... . August---Enterp. RR. (Chas’ n.. July..........
Erie Elec. Motor Co.. August___
Fort Wayne Consol.. July.........
Herkimer Mohawk IIionat F’kfort El.Ry. May.........J
1896.
1895.
$
11,897
18,057
21,234
5,178
32,301
8,60o
L23.174
2,599
9,660
16,834
6,695
33,627
127,910
$
15,221
19,119
4,355
35,743
7,300
111,484
2,455
9,587
13,953
7,019
31,202
159,745
Jan. 1 to Latest Date
1896.
1895.
84,740
72,223
26,486
186,741
844,389
14,187
62,615
98,257
233,5i0
20-s34v
758,078
14,013
60,701
84,709
212,847
177,095
1,282,454
120,705 387,343
2,484,523
69.421 63,824 474.371 391,792
190,126 451,167 ,433,331 2,876,315
680,509 637,761
24,019 26,085 141,912 135,126
53,928 54,131 424,086 43 L,921
6),232 59,026 373,401 342,635
13,762
1,952
1,971
538,864 485,37)
97,632 96,67
152,962 140,739 1,103,943 969,727
53,162 53,154 425,347 406,698
42,059 47,319 244.371 271,801
254,753 215,355
5.914]
63,265' 68’,029 477,972 474,928
250,246
33,140
23,875] 25,232 157-271 156,560
4,331
4,857
17,8 23 18,948 10 til5*6*7
99,254
19,232 13,012
95,514
66,790
3,806
1,526
18,146
THE CHRONICLE.
S eptember 26. 199«.]
Gross
Earnings.
L a te s t G ro s s E a r n in g * .
1898.
W eek orM o
Hlog’m (Mass.) 8. Ry ■July.........
Hooaick Ry............... August---Houston City 8t. Ry.. July.........
In tomcat- Oon-ol ol
North Attleboro .. August__
Kingsr-oa Oily Ry...... August__
Lehigh Traction...... . August___
London St Ry (Can.). August__
LoulsvUle Railway .. August__
Lowell Law. A Hav . August__
Lyon A Boston......... 1st wkSept
Mr crop. (Kansas City I 2 wks Sept
Montgomery St. Ry July.........
Montreal street Rv. August__
Nassau Elec. (B'klyn) August__
Newburgh Electric.. August---New England S L —
Winchester Ave ... August__
Flym'th *fc Kingston August---Total................... let wkSept
NewHaven.kCentrev. August__
New Haven St. Ky. .. ‘luy..........
New London 8t Ry.. July.........
New Orleans Traotion July.........
N. V. Jt Harleiu......... June.......
N. Y . A Q teens C y . . . August__
Ogdensburg St. Ry.
P a te r s o n R y
........... August---Po'kcepei* A W a p p . F. June .......
Roanoke Street......... A u g u s t ------
1895.
$
$
S.^OC
1,008
19,910 21,329
Jan.
1 to Latest Date.
1896.
*
5.9931
1895.
$
.......
13.658 13.533
83,558
5.653 4.870
12.7 41
81,775
1.467
5.292
10.1 6 5,173
58,995| 35,432
103.061 105.647
48,*42 52.575 285,250 285.411
3 5.4 48 40 28 •1,022,396] 939,993
70.8 78 7 2.608
5,778 4,82*
32,2827,911
120,724 104.316 841.84' 735,005
199.9 — 49 112
11,934 14,752
35,958 33.526
4.85 4 4,>845
7,' 9s 9.945
4,872 4.781
20,01 15.942
8.500 7.593
116.106 120.039
49,151
2,76“
31.247 30,189
$.406
176.23d!
23.00 !
20 i,9I7
36,‘2274.846
28.9 »si
797.932
475.51
161.090
21.298
192.333
30,343
63.22 i
26.965
761.U5
554,930
10,8 5
218.95 i 192,407
3 4.446
3 .8 9 2
4 .0 2 3
2 7 ,5 9
2 3 .9 7 9
R o c hen ter Rv.......
J u l y .............. 7 0 . 7 0 4
7 1 ,6 5 * '
4 9 4 .3 0 0
478 92 1
S c h u y lk ill T r a c t io n .. A u g u s t ____
9 .9 4 5
9)3<>*
6 1 .3 3 6
5 9 ,0 3 6
S c h u y lk ill Y a l. Trac. A u g u s t ____
8 .7 5 6
5 ,6 1 1
4 3 ,3 7 9
3 1 ,2 5 J
S c r a n t o n A P it is t o o . A u g u s t ____
6 .5 6 4
S c r a n t o n T r a c t io n . . A u g u s t . . .
3 1 . 6 54 2 8 . 9 5 • 2 2 8 , 7 5 0
1 8 8 .0 2 5
S e c o n d A v e . ( P it t s b .l A u g u s t . . .
5 0 .6 9 1
3 4 0 . 2 7e
4 1 ,5 9 6
■J))0. i 4 0
S io u x C it y T r a c t io n
6 ,1 9 5
A u g u s t ____
6 .4 i t
5 2 , 4S 9
5 > .5 2 2
S y ra c u se C on sol
9 .2 3 4
1 3 .7 9 J
8 3 .4 6
A u g u s t ____
1 1 0 ,2 3
B y r a c n a e £ * « t -8 ld e K y A u g u s t ____
2 .6551
3 .7 1 7
4 . 2 *1
8 y r a .-a s e * t RK........ A u g u s t ____ 2 6 . 9 9 1 2 .5 .6 1 4
2 0 2 .5 J
1 5 5 ,5 1 8
T e r r e H a u t e E i ’c. K y M a y ...............
1 3 .7 7 7
4 7 , 9 40
1 2 .8 4 s
6 > ,95 0
T h ir d A v e . IN . V .)
1 ,1 9 2 .9 1 5 1 .2 7 3 .0 0 4
June .......
T o ro n to R y .
. . ......... A u g u s t ____ 8 5 . S 8 '
9 1 .5 3 3
a t iji"«
6 3 7 ,7 8 9
T w i n City Rap. T r a n A u g u s t . . . 1 7 7 ,3 3 6 1 7 8 .5 1 1 1 ,3 1 5 3 3 8 1 . 2 8 0 , 4 3 8
U n io n cN . B e d fo r d ).
4 1 ,5 0 .
2 0 .6 3
2 3 .5 ( 4
A u g u s t ...
1 2 1 .1 8 >
U n it e d T. act. (P r o T » J u > .............. 1 6 8 . 6 9 5 1 *5 8 ,3 9 5
9 0 0 .0 1 3
9 9 6 .4 1
U n it . T r a c . (R e a d in g ) A u g u s t ---2 2 .4 6 2
1 2 2 ,1 0 1
2 2 .9 5 4
1 3 4 .0 7 5
U t i c a B e lt L in e ............. J u n e .........
8 1 .7 ‘ l
7*5,127
M a k e h e id A - t o n e . . . August__
4
0
.
8
2
9
8 .0 4 9
3 7 .4 6 *
7 .5 4 7
M a t e r b u r y T raci ion
August___ 2 1 , 7 1 6 2 3 , 4 - 1 1 6 0 .9 0 b 1 5 6 . 5 9 3
W h e e lin g R a i lw a y .
1
1
2
.4
.5
5
1 5 ,1 4 9
1 5 ,9 1 9 “ ,8 3 4
A u g u s t ...
W 11Seat). A W y . V a lle y A u g u s t ---3 3 1 .7 3 7
4 7 ,4 3 1
4 5 ,6 1 4
2 8 1 .3 7 6
W o r c e s t e r C o n s o l ___ J u l y ___. . .
2 8 4 . *5 4
2 3 9 ,2 1 4
4 8 ,6 9 a
4 2 ,5 7 3
551
-Gross Earnings.---1896.
1895.
*
$
12,73 L
81,77 >
24.312
.... ...
10,176
5,173
58.993
35,432
5.677
7.568
32,203
37,191
103,061
105,617
43.612
■52,575
235.259
285.111
175,563
177,493
163.185
164,382
1/16.674
961,501
324,664
320.665
Roads.
-Net Earnings.— -a
1896.
1895.
8
i
7,349
33.310
14.019
5,129
1,683
24.064
8,080
1,539
4,347
7.489
16,650
47,017
49,292
25,396
21.635
113,296
102,731
97,037
104.428
71,871
71,589
419,012
366,001
143,873
136,611
Lehigh Traction..... Aug.
Jan. 1 to Aug. U ...
July l to Aug. 31 ...
London St.Ry.( ian.)Ang.
Jan. I to Ang. 31 ...
LoramStreet Ry.iO.lJune
Jan. 1 to June 3 j __
Louisville Railway. Ang.
Lowell Lawr’ce A H.Aug.
Jan. I to Ang. 31__
Lynn A Boston...... Aug.
Metrop'n 3t Rv.,K.C.July
Jan. 1 to July 31__
June 1 to July 31 ...
Metropolitan St Ry.(S'. Y.)
Apr. 1 to June 30__ 2,092.761 1,482,397
934,736
683,757
Jan. 1 to June 30__ 3,972,332 2,722,137 1,713,329 1,171,171
Montgomery St. Ry .July
5,778
4,329
3,385
2,141
Jan. 1 to July 30. ...
32,283
27,911
16,560
11,252
Newburg Elec. Ry. .Aug.
11.934
14,752
6,983
7,070
Sew London St Ry..Jnly
8.500
7,59.5
4,654
4.433
Jan. 1 to July 31__
28.993
26,965
9,593
8,739
SewOrlesns Traot...July 116,106
129,033
41,474
40,625
Jan. 1 lo July 31__
797.832
761,445
34 >,810
321,511
Paterson Rill wav... Aug.
31,2 47
30.189
13,442
14,802
Jao. 1 hi Aug. 3 1 ...
218,350
192,407
92,669
79,134
P’ k'ps.City AW. Falls June
8.100
3,504
Jao. I to June 30....
39,446
14,505
Rapid Ry. (Detroit! July 14. 1895, to July
31. >808
................
67,219
Richmond ruction—
June2 Jto Aug.19 ...
26,394
Schuylkill Tra< tlon.. Aug.
9.945
9,308
Jan. I to Aug. 31 ...
64.336
59,036
Scranton A Pit atoa.Aug.
0.564
13.294
July I to Aug. 3l ...
34,654
Sorunton Traction. .Aug.
28,959
Jan. 1 to Aug. 31 ...
228,750
188,025
64,972
July i to Aug. 31 ...
57,257
Scraotou A Curb. Tract —
July 1to Apr 30. ...
27,774
31,811
Sioux City Traction Aug.
6,433
6,195
Jan. 1 to Aug 3 1__
52.459
50,522
Toronto Rv............. Aug.
85.581
92.533
Jan. 1 to Aug 31 ...
643.50 j
637.739
Twin City Rapid (T. July 177,337
176,626
Jan. 1 to July 31.... 1,138.002 1,101.927
Wat-rbury Trxct'n..Aug.
21.716
28.481
Jan. I to Aug. 31 ...
160,906
156.593
Wllkesb.AWy.Val.Tr A'g.
47,431
45.614
Jan. 1 to Aug 31 ...
331,737
231,376
48,559
42,573
Worcester Coosol.. .July
Jau. 1 to July 31 ...
284.053
239,214
31,160
16,803
14.236
127,104
3,208
6.524
13,225
107,965
29,243
t4,029
t20,l03
14,796
8 4,292
29,939
17.379
14,860
431
901
8,530
5,024
41,117
49,931
303.712
301,756
101,471
106,963
629,219
607,769
10,822
73,826
Street K«ll«r.tr Set KaraiRg*.— In the following we show
22,794
26,013
173,484
145,761
both the gross and the aetearaings to latest dices of all St r e e t
14.3 24
16,919
railways from which we have been able to procure montnly
73.804
67,0i0
returns. As in tbe case of the steam roads, the returns of tbe
a
Set
earnings
here
given
are
after
deduotlng
taxes.
different roads are puolisbed by us each week as so >n as re
b Net ea-uings here given are before d e d u o t i D g taxes.
ceived, and once a month (on the third or the fourth Satur
* After de luding nut only expanses a u l taxes, b it Interest and
day of the month) we bring all the roads reporting together, charges of every kind.
t Net earnings are after deducting taxes and Are and acoldent Insur
as is done to-day.
ance.
—Gross EaiHiinflf.— n.------ Net Ram iin as.----- •
{ rue low net earnings for Jane, 1896, caused by expenditures of
1896.
1896.
1895.
.895. 8*1,00 fur betterments Over 816,00 J were expanded for betterments
8
*
8
*
from Jan. 1 to June 30,1896.
A k r o n Bt Ry. A 1(1 Co. Jane
S7.391
7,391
18,057
15,221
!utere»t ' D i r g e * and Surplus.— T h e following S t r e e t
84.740
3 ’*,652
J » n . 1 t o Jane 3 0 . . .
102.048
112,889
railways, in addition to their gross and net earning! given in
34,056
A l l e n t o w n A L - h . T r . M a r.
14,350
19,099
42,728
38,043
16,623 tbe foregoing, also report charges for iaceresc, & c., with tbe
J a n 1 to M a r . 3 1 . . .
.5.178
4.35.5
2.118
683 surplus or deficit above or bdow those charges.
A m ste r d a m S t R y. .J a ly
5.705
•—Inter*L rentals, <£c.->
o f Net E a r n s »
28,515
3.081
J a n . 1 t o J u ly S t . . . .
1896.
1895.
1896.
1895.
1,200
A tla n ta R ill a a y
A n *.
3.200
8.600
7.300
Roads.
$
$
S
1,480 D e n v e r C o n .T r a m w . A u g .
2,599
2,455
1.373
B a th S tre e t R y . . . . A a g .
17,445
17,823
4,154
8,704
4,854
14.013
*.329
14,187
J a o . 1 to A n a 3 1 . . .
139,43 L
J a n . 1 to A u g . 3 1 . . . .
112,847
30,993
39,599
3,403
2,529 L o r a in S t r e e t R y .( 0 .> J u n e
9.587
Bay C itie s C o n s o l . . . . A n * .
9.000
1,000
539
02.615
23.2J1
20.217
J a n . 1 to A u g 3 1 . . . .
09,701
6,000
J a n . 1 to J u n e 3 0 . . .
1,489
11,014
13.953
7,730
16.851
B in g h a m t o n S t. R y . A n *
2.083
2,083
2,203
1,946
n. Aug.
44.495
34,670 S c h uJyalko .illL Tt or aAcut io
84.700
93.2-57
J a n . 1 to A n a 3 1 . . .
g. 31 . . .
10,605
10,005
10,436
3,443
20,122
15.013
92,651
28,250
J u ly 1 t o A n a . 3 1 . . . .
1,432
S c r a n t o n A P it t s t o n . A u g .
1,726
16.886
10.319
34,057
B r id g e p o r t T r a c t ' o . A u g .
34,115
2,964
July 1 to A u g . 3 1 . . . .
3)560
197,742
94,323
104,981
J a n . 1 to A n * . 3 1 . . . .
219,833
5,240
5,582
W a te rtr o if T r a c t. C o. A u g .
13,591
B r o c k t o n C o n .0 l.K y A u g .
31,202
10.931
33,827
23,127
Jan. 1 t o Aug. 3 1 . . . .
45,099
85,378
73,731
J a n . I to A n *, n . . .
204,343
177.095
67,798
159.745
45.428
B r o o k ly n E l e v a t e d s J u ly
127.910
589,670
1.282.454
414,185
J a n . I t o J u ly 3 1 . . . . U t p M
A N N U A L R EP ORTS.
13,841
24.019
20.085
12.127
C h e a te r (P n .) T r a c t . A u g .
A
n
n
u
a
l
R
e
p
o
r t s .— T h e fo llo w in g is a n in d e x t o a ll a n n u a l
72,321
67.086
135,128
J a n . I t o A n g . 3 1 ____
141.912
9.852 re p o r ts o f Bteam r a ilr o a d s , stre e t r a ilw a y s a n d m is c e lla n e o u s
14,143
54,131
O h io. A g o . S id e R .T . J u ly
53,928
424.086
145372
107,240 o o m p a n ie s w h ic h h a v e b e e n p u b lis h e d s in c e t h e la st e d itio n s
431,921
J a n . 1 t o J u ly 3 1 . . . .
25,308
17,250 o f th e I n v e s t o r s ’ a n d S t r e e t R a i l w a y S u p p l e m e n t s .
59.020
65.232
C la n , f f e w p . A C o r . J a l y
102,092
111,079
373.401
342,635
J a n . 1 to J a ly 3 1 . . . .
T h is in d e x d o e s n ot in c lu d e r e p o r ts in t o -d a y ’ s C h r o n i c l e .
1.952
675
507
1,971
C it y E le n . ( R o t n e .O a .) A u g .
R ailroads and M isc el . Co's.
R ail ro ad and M iscel . Co ’ s ( Oon . )
13,762
3,373
J a n . 1 to A u g . 3 1 . . . .
V o lu m e 6 3 —
P a ge.
Volume 63—
Page.
C le v e la n d E le c t r ic —
M J a n . 1 to J u n e 3 0 —
691,197
53.154
408,698
68.029
474.928
D a y t o n . O ., T r e e ......... J a l y
795,511
53,161
425,347
63,265
477.972
5,827
D e t r o it R a ilw a y . . . . J u l y
J a o . 1 to J a ly 3 1 . . . .
3* 140
2,*iO i i f l
D a t a t h S t r e e t R y ____J a l y
J a n . 1 t o J u ly 3 1 . . . .
20.751
120.083
21,884
120,3 45
4,331
19,282
95,514
4.857
13.012
03,799
H e r k im e r M o h a w k t llo n
A P r a n k . E l. B y . . . M a y
J a n . 1 to M a y 3 1 . . . .
3.8O0
18.140
1,520
I n t e r -S t a t e C o n e d . S t r e e t
_ R y . (M o. A t t l e b I . A u g .
J a n . 1 to A u g . 3 1 . . . .
13.058
13.333
8 3 ,5 5 8
(Sola m b u s (O .) S t. R y . A u g .
J a n . 1 to A u g . 3 1 . . . .
D enver Con. T ram w . Aug.
J a n . 1 to A u g . 3 1 . . . .
E n t e r p r is e
J u ly
RR (Chas n l —
F t W a y n e O o o . 8 t .R y . J u l y
J a n . l t o J u ly 3 1 , . . .
266.881
26,428
215.900
21,932
179,840
4,175
12,187
75)279
1L83S
6 7 ,3 4 5
233,773
28,812
201,887
20,149
179,030
1 2 ,7 4 2
6 3 ,3 3 8
•130
•369
10,2 U
6 ,5 4 2
2 8 ,3 2 8
4 2 ,3 9 4
1 .9 7 0
9,555
5 .2 7 9
1 7 ,5 2 7
967
.................
7 ,0 1 8
.......
Albany A Susquehanna................ 355
American Spirit* Manufacturing.. 152
Atch. Topeka A 8. Fe..........*Jmo*. 207
Baltimore A Lehigh....................... 227
Baltimore A Ohio Southwestern... 500
Boston A A1bany .................... 227. 3 X»
Boston A Maine............................. 364
Buffalo Rochester A Pittsburg...... 220
Calumet A Heclu Mining.........— 188
Central of Georgia Railway.......... 400
Central *N. Y. A- Western............... 3<n»
Central Vermont ......................... 22*3
Chesapeake A Ohio ..........291, 309. 314
Chicago A Eastern Illinois. ......... 455
Chicago Great Western................. 399
Chicago Mllw. A St. I*. . 429, 454, 401
rijioago A North Western..289, 309, 311
Chicago A Eastern Illinois...............220
ClorTcin. Chicago A St. Louis...... 310
Colorado Fuel A Iron Co................ 400
Denver A Rio Grande...... 383,397, 403
Diamond Match Co........................ 401
Erie Railroad................... 177, 498, 512
Kail Brook....... ............................. 356
Fitchburg...................................... 45 j
Great Northern ..............480. 498. 505
Houston K. A W. Texas ............... 207
Indiana A Lake Michigan............. 112
K a n a n h a A M i c h i g a n .................... . . . 603
K . C . F t. S c o t t A M e m p h is ................ 504
K . C. M e m p h is A B i r m i n g h a m ......... 601
L e h ig h A H u d s o n I l l v e r ...................... 502
L o n g I s la n d R R . . . » .............................. 601
L o u is v i ll e N o w A l b a n y A C h ic a g o . 500
M a n h a tta n E le v a t e d <N . Y .) . . . . . . . 310
M in n e a p o lis & S t . L o t u s . . . .......... 399
M in n e a p o lis St. P . A S. S t o M a r ie .. 501
M o b ile A O h i o .......................................... 225
N a s h v . C h a t t . A S t. L .......... 4*4, 499, 509
N e w J e r s e y A N o w Y o r k ...................... 503
N e w L o n d o n N o r t h e r n ........................ 400
N e w Y o r k B i s c u i t C o ........................... 401
N o w Y o r k A C a n a d a . ......................... 355
N . Y . N o w H a v o u A H a r t f o r d ........ 499
N . Y . O n t a r io A W e s t e r n . 484, 498, 610
N . Y. S u s q u e h a n n a A W e s t e r n . . . 398
N o r t h P a c ific C o a s t ................................ 400
O g d e n s b u r g A L a k e C h a m p l a i n ... 603
O h io F a lls O a r M f g . ................................ 188
O r e g o n R y . A N a v ig a t io n — .......... 455
P h ila . R e a d in g A N e w E n g l a n d —
503
P o r t la n d A H um f o r d F a l l s ................. 502
R a ilw a y E q u ip m e n t o f M in n e s o t a . 227
R e n s s e la e r A S a r a t o g a .......................... .455
R i c h m o n d F r e d k s b . A P a t o m a c . . . 502
R i o G r u n lo S o u t h e r n .......................... 897
THE CHRONICLE.
552
R a il r o a d
and
Volume 63—
M is c e l . C o ’ s (C o n .'
Page
St. L ou is & San F ra n cis co ................
St. L ou is S ou th w estern .....................
St. P aul M inn. M a n itob a . / ...........
San A n to n io «!t Aransas P a s s .........
San F ran cisco & N orth P a cific.......
Seaboard & R o a n o k e ..........................
Southern R a ilw a y............ ................
Staten Island Rapid T r a n s i t .........
Syracuse B ingbam pton
N. Y -----T ole d o & O hio C en tral..................
T o le d o P eoria & W e s t e r n ................
T row D irectory P rin tin g & B ook b .
W a bash K it. ...................... 427, 455,
W a g n er P a la ce Car C o .......................
W e s t Vn. Central & P itts b u r g .......
&
&
455
50J
4it8
151
187
501
351
355
207
457
501
355
4K0
501
450
a n d M is c e l . G o ’ s (Con.)
tracks, and eighty-seven miles (9.235 tons) of partly worn
Volume 63—
Page.
Western N. Y.& Pennsylvania ... 220 Bteel rails have been transferred from main lines to branches
Wheeling & Lake Erie.................. 500 and sidings: 809,825 cross ties and 29.363s witch ties have been
R a il r o a d
St r e e t R a i l w a y s .
Brooklyn Elevated........................
i>enver Consolidated Tramway ...
Drv Dock 10. B. & Battery.. .....
Kings Co. Elevated (Brooklyn)—
Northwestern Elevated (Chicago)
Construction C>..........................
Rochester Railway.......................
Third Avenue (N. Y. City)........
Union Traction (Phila.)...............
Utica Belt Line Street ................
( For the year ending J,.ne 30, 1896 )
The report of the President, Mr. M. E, Ingalls, will be found
on pages 561 and 562, together with the balance sheets of
June 30, 1895 and 1896.
The statistics for four years compiled in the usual form for
the Chronicle are given below:
OPERATIONS AND FISCAL RESULTS.
1893-94.
1892-93.
1895-96.
1894-95.
1,850
1.852
1,850
1,838
Milos oner. J une 30
Equipment—
434
455
447
Locomotives---- . . . .
459
380
418
367
368
Passenger cars.......
13,312
17,610
13,473
13,105
Freight cars...........
Operations—
5,996,312
5,243,814
5,355,528
5,578,041
Passengers carried.
Pass, carried 1 m .. 204,940,898 184.1S6.073 2 18,148,077 196.995,813
2*187 cts.
1*882 cts.
Rate per pass.per in. 1*369 cts. 2*055 cts.
7,803,300
9,027,220
8,625,073
Freight, tons, car’d..
8,598,881
1,211,359
1,331.428
Fr’giit t’ns car. Ira.*
1.358,155
1,349,581
0*649 cts. 0*701 cts.
0*651 CIS.
Rate per ton per in. 0*631 ots.
$
$
Earnings—
$
$
4,307,371
3,785,410
4,104,769
4,035,326
Passenger...............
7,866,967
9,338,787
8,576.700
8,783,929
Freight..............=•-.
847,982
815,317
769,993
803,078
Mail and express...
Total................. 13,460,008 13,334,656 12,774,814 14,416,151
Expenses—
1,690,673
2,044,834
1,788,248
Maintenance of way 1,789,157
1,434.736
1,558,893
1,708,688
Main Fee of equip..
1,78 < 477
5,237,149
5,182.406
5,942,295
5,078.076
Con duet, transport.
429,974
473,404
428,929
4-6,127
Traffic expenses ...
256,164
311,213
268,479
273,545
General expenses..
34.525
32,806
51,601
41,5*23
Insurance................
164,019
309,236
203.596
342,189
Oar service.............
539,274
405,688
415,025
58 2,109
Taxes........ .............
10,293,703 10,254,068
3,166,305
3,130,588
76 61
76-47
9,750.503 10,964,789
3,024,311
3,451,364
76*32
76*05
* Three ciphers (000) omitted.
INCOME ACCOUNT.
Receipts—
Net earnings..........
Rent, etc.................
laid, and 28,767 rods of fence have been built during the year.
Seven steel bridges have been erected, and a Urge number of
356 wooden bridges of minor importance rebuilt or renewed.
350
401 Four new passenger stations and seveu new freight houses
502 have been built. At Manchester, N. H., a commodious
508 passenger station will be completed during the year 1897. A t
503
401 Concord, N . H , shops of sufficient capacity for the repair
457 and maintenance of about one-half of the road’s rolling stock
503
Cleveland C incin nati Chicago St. Louis R ailw ay.
Total..................
Net earnings..........
P.o. of op.ex.to e’gs.
[V o l . LXIII,
1894 95.
1893-94.
1892-93
1895-96.
$
$
$
3,024 311
3,451,364
3,186,305
3,130 588
263,744
252,904
252,319
259,235
Total net..........
Disb u r semen ts—
Interest...................
Rentals...................
Dividends*.............
Miscellaneous........
3,418,624
3,394,332
3,283.546
3,704,268
2,639,863
204,647
500,000
2,612,159
202,547
500,000
2,554,235
204,937
500,000
16,404
2,445,135
207,826
3,340,000
73,310
Total..................
Surplus....................
3,344,510
74,114
3,344,706
49,626
3,275,576
7,969
4,066,271
df.362,003
* 5 p. c. on pfd. in all the years and 3 p. c.'j on common in] 18 12-93
-V . 63, p. 458.
Boston & Maine Railroad.
( Report for the year ending June 30, 1896.)
President Lucius Tuttle says in the report:
General Results.— Taking into account the unsettled com
mercial conditions and the consequent temporary decrease in
demand for the products of New England mills and factories,
the results of the fiscal year’s operation cannot be considered
otherwise than quite satisfactory. Your directors still con
sider it prudent to make no present iucrease in the dividend
rate, and have continued the policy of-expending for neces
sary improvements all surplus earnings above 6 per cent upon
the common and preferred stock, and a reasonable sum to be
added to the profit and loss account.
This report covers a full year’s operation of the Concord &
Montreal Railroad as a leased line. Tne result has proved
beneficial to both properties, and there i3 ample evidence that
their union has likewise proved advantageous to the com
munities they serve.
Improvements, Maintenance, E tc.— The following perma
nent improvements have been included in the year’s operat
ing expenses:
New buildings and yards at passenger and freight stations, §60,315;
new steel bridges replacing old w o o d e n bridges, $45,733; interlocking
s w itch and signal systems at juD otlons, $31,323: reconstruction of
Eastern division main line, between Boston and Beverly, and of th e
Gloucester and Hwampscott braiiohes, $140,870; n e w equipment,
$408,940, automatic couplers and air-brakes applied to engines and
freight cars, iu co m p lia n c e with United States statutes, $373,477;
total, $1,060,663.
Of the unexpended balance of §697,785 from the sale of
the Hay market Square Station property, §639,957 has been ex
pended during the year for various additions and improve
ments, including: real estate purchased, but not yet applied to
the company’s uses, $217,451; separation of grade crossings
completed during the year, $269,653, etc.
One hundred and thirty-three miles of track have been
thoroughly ballasted, at a cost of $93,497.
Seventy-four
miles (8,697 tons) of new steel rails have been laid in main
of all classes will be completed during the next year. The
work of separating highway grade crossings is being actively
continued.
Equipment.—New equipment has been added as follows:
25 locomotives, 646 freight and 74 other cars; total cost §710,586. Of this amount §200,000 was included in last year’s oper, ating expenses, §101,640 was received for old equipment sold,
and the remainder-§408,939—has been charged, as previously
! stated, to this year’s operating expenses. The equipment o n l sists of 665 locomotives; 1,201 passenger, baggage, mail and
|express cars; 12,384 freight cars; 258 caboose cars; 202 tool and
road cars; 65 snow-plows.
Of the equipment to which the United States statutes apply,
4,623 cars (44 per cent) have been supplied with standard
couplers and 3,311 cars (31 per cent) with air-brakes. Of the
engines. 83 are partially and 317 (52 per cent) wholly equipped,
to comply with the law, and it is expected that the entire
work will be concluded within the date fixed by law.
C ap italization . —Mortgage certificates of indebtedness of
the Eastern RR. amounting at par to §39,000 have been purchas d and canceled, reducing this company’s funded debt
by that amount. The company has no fiiating debt. The
capital stock now outstanding is 31,498 shares of preferred and
187,383 of common; of the latter this company owns 13,214
shares upon which no dividends are paid. The trustees of
the Eastern RR. Co. hold 9,452 shares of this stock as col
lateral security for the payment of its certificates of indebtedntss, and 3,762 shares are held in your treasury.
Statistics.—The statistics of operations, financial results,
etc., have been compiled for the C h r o n ic l e as oelow. The
balance sheet was published in the C h r o n ic l e of Aug. 29 on
page 355.
OPERATIONS AND FISCAL RESULTS.
1895-96.
11894-95,
1893-94.
*1892-93.
Miles op. Jane 30...
1,717
1,292
1,293
1,293
Operations —
Passengers carried. 35,132,992 32,380,241 33,184,862 36,2 47,601
Pass Vers oar. 1 m. .507,608,9 54 444,496,640 447,534,671 469,323,316
Rat^ per pass.per in. 1*793 ets.
1*745 cts.
1*764 cts.
1*803 els.
Freight (tons) car'd. 10,247,029 8,381,322
7,389,273
8,065,167
Fr’glit (tons) car. 1 in.676,082,534 535,674,845 469,522,"43 519,236,621
Rate per ton per m. 1*530 cts.
1*545 ots.
1*546 els. 1*538 Cts.
Earnings—
$
8,463,143
Passengers............. 9,099,273
7,994,968
7,754,998
7,260,'87
7,987,851
Freight..................... 10,343,123
8,274,862
568,398
542,415
598,175
Expr. and extra bag.
696,645
205,933
264,306
261,278
Mails........................
321,050
Total..................
Expenses—
Gen.ex. office & prop.
Gen. exp. of transp’n
Passeng.transp exp.
Freight transp. exp.
Motive power exps.
Mainten’ ce of cars.
Maint’ceof way, etc.
New equipment and
air brakes, etc......
20,460,091 16,892,313 15,982,276 17,22?, 325
538,764
1,300,166
1,754,728
2,610,870
3,606,153
1.203.036
2.749.36 L
457,177
1,080,519
1,386,214
2,104,652
3,041,463
1.280,410
2,444,993
382,378
997,435
1,304,359
2,006,129
2,946,246
1,053,763
2,170,270
440,057
1,019,038
1,236,221
2,088,742
3, -79,116
1,366,196
2,477,107
782,417
Total................... 14,547,693 11,794,528
Net earnings........ 5,912,393 5,097,785
P. e. of exp. to earns,
67-27
6982
10,860,580 11.736,497
5,101,696 5,488,828
6S'03
68'14
tThe Oonoord & Montreal RR. was leased June 29, 1895, hut its
accounts for the year are not included here.
'Including Connecticut River RR. fur six months only.
INCOME ACCOUNT.
Net earnings...........
Rents, invest’s, etc.
T ota l..................
Deduct—
Int.onbds. Afloat.dt.
Rentals.....................
T a xes.......................
81nliiug fund...........
Dividends................
Total..................
Surplus over div’ds.
—V. 63, p. 356.
1895-96.
$
5,912,398
684,963
1894-93.
$
5,097,735
607,754
1893-94.
$
5,101,696
652,874
1892-93.
$
5,488,828
603,891
6,597,361
5,705,539
5,751,570
6,092,719
1,096,396
3,140,910
981,954
72,633
1,234,002
1,105,690
2,396,246
824,572
72,749
1,233,997
1,213,391
2,311,370
822,018
67,282
1,321,031
1,101,650
2,167,413
726,136
80,413
1,590,155
6,525,895
71,466
5,633,254
72,285
5,735,092
19,478
5,655,767
436,952
E lgin Joliet & Eastern Railw ay.
("Report fo r the fiscal year ended June 30, 1896.)
President Samuel Spencer in the report says in substance:
Earnings.— The increase in gross earnings in 1896 over 1895
was $311,735, or 19-59 per cent,, while the increase in net
earnings was §96,181, or 37-48 per cent. This result has been
secured by greater efficiency of service in all departments and
not by any depreciation of property.
On the contrary the
property has been much improved. The tons hauled one
mile increased 19-16 per cent, while the expense of “ Conduct
ing Transportation” increased only 7-57 per cent.
There
were transported 1,175,170 tons of coal and coke, an increase
of 84,538 tons. Of this amount 806,504 tons originated on the
company’s lines, being an increase of 33,833 tons. There was
a decrease of 39,608 tons of stone transported. The increase
553
THE CHRONICLE.
September 26, 1696.]
of grain and flour shipments was 257,670 tons, chiefly due to
the South Chicago extension.
The revenue derived from coal has increased from $244,874
(43 per cent) in 1891 to $497.579 (33 per cent) in 1896, and that
from transfers from $144,882 in 1891 to $490,985 in 1896.
Since May 1, 1895, 6,980 lineal feet o f trestles have been
filled, costing approxim itely $23,5)0. The entire cost o f this
permanent improvement, both labor and material, has been
charged to operating expenses.
S o u th C h ic a g o E x t e n s i o n . —The contract with the Chicago
& Western Indiana RR. C o. has been so extended as
to include trackage rights to the Illinois Steel Company's
South Chicago mills and to the Counselman grain elevators.
Y our company now reaches six elevators at South Chicago,
ea.'h of about "one million bushels capacity, which the heavy
cropi of the past year have kept in continuous operation. The
gross earnings on traffic to and from South Coieigo show
a large increase over those of the previous year, fully justify
ing the building o f the extension.
W h it in g E x t e n s i o n .— t'o reach the large refineries of the
Standard Oil Company at Whiting, la d ., and the other man
ufactories in that vicinity and at East C b icigo, an extension
about 9 miles in length is being built, at an estimated cost of
$175,000. It is to bs completed in October.
I m p r o v e m e n ts .—The wooden bridge over the Illinois River
near Divine has been replaced by a new four-span steel struc
ture costing $33,236, o f which $18,236, the approximate cost
o f renewing with wood, w asch irged to operating expenses,
and the remaining $10,000 to betterments. The expenditures
for betterments and additions charged to capital account dur
ing the year aggregated $43/189, aod are all itemized in the
report.
Equipment.— The payments on account of the principal of
equipment notes during the year nave been $111 645 The
company now owns all of the equipment except seven locom o
tives. Tw o heavy switch engines, coating $14,113, were
acquired during the year under an equipment trust, and one
consolidated engine, costing $10,600, similarly acquired,
will be delivered in July. The present equipment consts s of:
Owned—Locomotives 43, passenger anil combination cars 3,
gondola and fiat cars 1,633, box, etc., cars 330; under equip
ment i rusts— locomotives 7.
S ta t is t ic s .—Tbe comparative figures of earnings, expenses
and charges and the balance sheet, for four years, compiled
in tbe usual form for the C h r o n i c l e , are as follow s:
General Results.— In the conditions now prevailing, some
of the results accomplished during the period under review
are considered highly satisfactory. They include an increase
in gross earnings, and a greater increase also in the proportion
of net revenue. The earnings of the company for the first six
months of the fiscal ye ir, embracing the period from July 1 ,
1895, to December 31,1895, were larger than for any half-year'
in the company’s history. The average number of cars hauled
per train has been increased about 10 per cent, in consequence
of the use of heavier engines and an improved general
physical condition of the railway.
These results have been reached in the face of extremely
low rates, particularly with respect to the carrying of coal.
Rates upon this important class of freight have, during the
last half of the fi cal year, been lower than at any previous
time during the existence of your railroad.
.V ic Equipment.— The car equipment has been increased by
the addition of 1/100 new 30-ton gondola cars, of modern design,
and with full air and coupler improvements, and twelve lo
comotives of larger train capacity. These have all been dejiverea du ring the spring and summer months, and are now
in active service. In addition the company’s shops have rebuilt 350 freight cars, increasing their capacity 35 per oent.
Maintenance o f Way. — The company’s standard of rail has
been increased from 60 to 70 pounds, and a m it twelve miles
of the he tvier r ul n is been laid during the year. In all departments there has been an improvement iu the standard of
thecoudition of the railway. The renewals include ties, 97,761;
bri Iges ties, 920; switch ties, 122.757 ft.; bridge timbar, 42?,; piles in restles, 5,000; filling trestles, 4,827 cars.
Ent: n *e into Cleveland.—The 99-year lease agreement for
the is.! of the Valley Railway line (Cleveland Ter
minal 5; Valley Ry.) has at a recent date been finally executed
and place 1 upon record. Tnis company has not as yet begun
to receive the benefits which are expected front that agree
ment. largely because the new terminals of the Valley Com
pany in tne city of Cleveland are not yet completed, so that
your company has been unable to accept considerable traffic.
The large traffic otfered, however, fully confirms the opinion
as to the ultimate value of this entrance mto Cleveland .
Huron Dock Company —This company handled daring the
year 261,064 tons of coal and 181,525 tons of ore, an increase
of nearly 13 p.-r cent although the total amount of coal and
ore handled through Lake Erie ports has been reduced. Gen
eral improvements to the do :k property are lining made which
1 8 9 5 -9 6 .
1 8 9 1 -9 6 .
1 8 9 3 -9 4 .
1 8 9 2 -9 3 .
T o n s e a r r ie d 1 m l l e . 1 9 3 . s l 3 . 3 7 0 1 6 2 . 2 5 2 . 4 1 8 1 3 7 , » 8 3 . 5 7 8 1 2 6 , 8 2 1 , 3 4 6
will enlarge its facilities, l ’ ne present donk will be used ex
6O-O072
6 0 -0 0 6 5
AT.r a le p. w o per m.
# 0 -0 0 6 8
* 0 *16 4
clusively for the handling of coal, and a new dock for the
Hornings ~
8
•
$
f
handling
of ore.
1 ,2 5 0 ,0 3 1
8 6 8 .0 6 4
1 ,0 5 0 ,3 4 2
From freight, A c...
9 9 0 .0 4 8
13,603
11.094
17,449
1 3 ,0 2 6
P a s s e n g e r s .............. ..
Wheeling
Lake Erie & Pittsburg Coal Co.— The mines of
15,6 03
1 3 ,9 0 1
3 2 ,1 4 4
2 1 .7 4 7
E x p r e s s a n d m la o e t .
this company, located in Jefferson and Stark counties, show
2 .5 9 1
2 ,3 7 5
2 ,2 5 0
7 ,7 1 6
R e u W ... . . . . . . . . . . . . .
a steady increase in the volume of business, as in years past.
1 ,0 2 0 ,3 2 6
9 2 0 ,0 3 2
1 ,0 8 0 ,0 8 6
Total.................. 1 , 2 9 2 , 4 2 0
The mining of coal by electricity greatly reduces the cost of
i i j e i u r ,its production, and to get the benefit of these economies the
9 9 ,3 1 0
9 1 ,0 9 1
1 7 0 ,1 1 7
1 2 2 ,6 7 7
M a l n l c n a a r e i 'f w a y .
1 0 9 ,2 1 1 6
company has decided to open a new mine on the property
1 3 0 ,1 8 7
1 0 0 , 9 «K>
1 0 1 , 8 )5
M a f i it e n 'c * o f e q u i p .
3 6 1 ,1 8 5
3 6 2 ,5 0 2
1 3 9 ,9 0 0
3 7 6 ,4 1 0
C o n d u c t io n t c a t i a p ,.
owned by it and introduce electric machinery.
1 8 0 ,1 0 3
1 0 7 ,2 0 1
1 3 0 ,7 0 5
1 1 9 .2 1 5
G e o 'l e x . a n d t a x e s .
Outlook.— It is to be deplored that the demoralization in
0 7 7 ,6 7 3
6 9 9 ,3 6 4
8 1 6 ,3 0 5
7 3 0 ,7 5 2
Total ...............
coal rates continues to a large extent. Strong efforts will be
3 1 9 .0 3 4
3 2 0 ,4 6 1
2 4 . ',3 5 8
4 1 6 .1 1 5
S e t e a r n in g * ...
made in the immediate future to arrive at some arrangement
67*62
6 8 -5 9
7 3 -6 6
65*48
which will result in the makiog of remunerative rates.
P . C. e x p , to e a r n s .
Had the conditions which existed during the early part of
INCOME ACCOUNT.
the year continued, your railway would have been taxed to
1 3 9 3 -9 4 .
1 8 9 2 -9 3 .
1 8 9 5 -9 6 .
1 8 9 4 -9 5 .
its utmost to carry the traffic offered. Yet, notwithstanding
#
0
*
#
3 4 0 .9 3 4
3 2 0 ,4 6 1
4 1 6 ,1 1 5
2 4 2 ,3 5 8
N e t e a r n i n g s ..............
the tem|iorary disappointment with the return of trade to its
D r d u e tordinary volume, tnis company may anticipate an increase of
1 0 .9 4 1
K e n t a l s .............. ..
1 4 .2 2 3
.................)
traffic which will demonstrate the wisdom of the provision
2 3 9 ,0 8 5
3 0 3 ,9 5 0 >
3 * 1 ,6 5 0
3 * 4 .4 7 8
I n t e r e s t on bonds..
4 4 .0 2 6
1 7 ,2 9 9 )
2 3 .3 1 1
M i s c e l l a n e o u s . .........
that has been made for handling it.— V . 63, p. 500.
T o t a l.
B alan ce..
3 0 *,1*44
3 7 9 .4 4 7
3 * 1 ,2 4 9
2 8 9 ,0 9 5
a u r .7 6 .9 3 1
d e l. 2 9 ,3 1 3
d e f.7 8 8
d e f . 1 0 ,7 2 7
m u s i
c SHEET J U N E 3 0 .
1996.
A ta ts —
*
R o a d a n il e q n lp _____ 1 2 , 0 7 4 , 1 0 9
C o n sL a n d Im p rov e’ !
2 2 ,9 9 9
6 2 .8 6 4
N e w e q u ip m e n t .. . . .
3 6 ,9 9 9
C a s h ou U.» d ............
1 5 .4 ,1 3 1
D n e f r o m stc e n ts . . .
M a t e r ia ls o n b a n d . .
6 9 .2 1 9
7 0 ,0 0 8
R a i lw a y c o m p a n ie s
1 0 9 ,5 2 9
I n d i v i d * , a n d c o i n 's .
531
B i l l s r e c e iv a b le . . . .
I n s u r a n c e ____ . . . . . .
2 0 ,7 2 4
M is c e lla n e o u s ............
1 9 ,9 8 7
P r o fit a n d lo s s a c c t .
1093.
8
1 2 . 3 b 1 ,3 0 5
4 6 .1 7 0
3 7 2 .5 6 3
3 1 .1 5 4
1 1 4 .2 4 3
4 9 ,6 4 0
5 9 ,5 6 3
6 2 ,6 9 5
551
1894.
#
1 1 .9 7 6 ,0 2 2
5 6 .6 9 1
3 2 8 .7 3 7
2 0 .7 4 8
0 5 ,9 0 5
3 9 ,1 2 0
4 9 .4 9 0
5 6 ,1 5 6
.551
1 2 0 .4 5 3
9 0 ,9 1 8
2 1 3 ,7 0 1
6 7 .4 0 5
1893.
#
1 1 ,9 7 5 ,9 9 5
1 5 ,4 3 8
3 2 2 ,3 )6
6 .1 3 3
9 1 ,8 2 9
3 4 ,2 9 8
8 6 ,6 9 0
3 9 ,6 1 3
0 ,9 2 9
6 ,8 2 3
1 8 8 ,3 5 2
6 6 ,8 1 8
1 3 ,4 6 0 ,0 8 2
1 3 ,3 2 5 ,2 6 5
1 2 ,0 0 2 ,5 1 3
1 2 ,8 4 1 ,3 6 1
6 .0 0 0 ,0 0 0
6 ,6 3 3 ,0 0 0
2 0 8 .5 8 3
1 0 0 ,7 5 0
9 0 .5 8 3
2 2 ,2 * 0
6 , 0 0 0 .0 0 0
0 ,0 7 9 ,0 0 0
2 8 7 ,0 8 6
.35,494
6 .0 0 0 .0 0 0
6 ,0 7 9 .0 0 0
2 3 6 ,0 6 2
2 8 7 ,5 2 0
1 1 9 ,4 0 0
3 0 .6 0 7
2 6 ,2 1 0
1 ,4 0 4
1 ,4 8 9
7 6 ,7 1 9
5 6 .8 7 4
626
6 8 ,7 9 3
5 2 ,2 1 9
1 1 8 ,9 0 2
2 0 7 .5 9 5
3 1 ,9 5 4
1 ,4 8 8
978
0 2 ,7 7 8
5 2 .0 2 5
1 2 ,9 0 2 ,5 1 3
1 2 ,3 4 1 .8 5 1
T o t a l a s s e t s _____
LutbiliUa—
C a p it a l s t o c k ..........
F ir s t m o r t. b o n d * ..
E q u ip m e n t n o t e s ...
B ills p a y a b l e . . . . . . . .
Due other R r . cos..
I n d lv ld s . a n d c o r n 's.
P a y r o l l * .........................
U n c la im e d w a v e s . .
P a y m a s t e r 's s e c t . . .
V o u c h e r s a u d ite d . .
A c c r 'd tn t. o n b o n d s
T o t a l lia b ilit ie s .
— V . 6 1 , p .9 2 3 .
6 ,0 0 0 .0 0 0
6 ,6 3 3 ,0 0 0
1 3 4 .9 -0
2 9 7 ,0 0 0
1 9 1 .7 7 9
1 1 ,8 1 2
4 2 ,9 5 0
1 .6 9 7
1 .3 5 4
8 4 ,8 0 6
5 7 ,6 7 1
1 3 .4 6 0 ,0 8 2
1 3 ,3 2 5 ,2 6 5
1 ,3 3 0
W heeling & Lake Erie Ry.
( R e p o r t f o r y e a r e n d in g J u n e SO, 1890.)
The earning* and balance sheet for the late fiscal year were
published in the Cdbon icle o f Sept. 19, on page 500.J
In bis annual report President Blair says in part: J
Lehigh Valley R ailroad.
(S ta te m e n t f o r th e y e a r e n d in g J u n e SO, 1896.)
The following data are from the report to the Mew York
Railroad Commission for the years ending June 30, 1895 and
1896. While it is not safe to attempt a c omplete comparison of
the data here shown with the items in the annual report, it may
he said that the gross earnings for the year ending June 30,
1896, differ by only about $4,000 decrease from the earnings
for tbe year ending November 30, 1895. Most of the import
ant changes also in the income account and the balance sheet
below appear to be explained by the facts mentioned in the
last report, such as the sale of $8,000,000 Lehigh Valley coal
bonds to provide for floating debt, etc. In February, 1896,
the stock of the Elmira Cortland & Northern system was pur
chased, adding 140 miles to the road operated, and increasing
the stocks owned. Also in April, 1898, $1,000,000 car trusts
were sold.
The total tonnage for the two years, and the amount of
flour, grain and coal and coke embraced in it is shown by the
following :
Tons, 96.
Per ct.,'96. Tons.'95. P. c.,’ 95.
Total tonnage .............17,602,248
17,786,105
Flour...........................
368,996
2-08
313,672
ta S
Grain......................... 1,049,619
596
760,943
4 28
Coal and ooko........... 11,301,780
61-20
12,560,lo2
70-62
The character of the bridges on the road
following, their length being given in f e e t :
Iron
Wooden
bridges.
bridges.
Iona
iu 493
1,324
1893 iiiririnrmriiniii 101257
1,666
appears from the
Wooden
3,507
3,060
Total
24,314
24,883
THE CHRONICLE,
654
The earnings and balance sheets have been as follows :
1894-95.
1895-96.
$
$
Earnings—
14,911,144
2,163,053
. 2.453,638
952,221
. 1,017,463
Dividends on stocks owned.,
Interest on bonds owned —
Miscellaneous income..........
Deduct—
Interest on current liabilities........
Interest on real estate mortgages..
Other deductions..............................
^Assets-
Equipment trust..
LiabilitiesInterest due a^d accrued..
Current liabilities}.............
Sundries
............
. 18,560,505
.14,077,525
18,026,418
13,524,338
. 4,483,070
.
109,111
.
417,029
.
323,178
4,502,080
165,154
691,056
426,530
. 5,332,388
5,734,880
. 1,998.990
. 2,222,375
481,760
1,993,560
2,145,000
502,092
115,540
18.734
537,035
.
390.097
.. 5,093,222
.
239,166
NE 30.
1896.
$
.18,305,970
.22,983,833
.19,219,270
. 4,766.115
.14 5 9,323
. 5.695,025
. 1,549,363
. 2,927,329
5,311,961
472,919
1895.
$
18.307,160
21,528,364
18,183,639
11,682,392
12.453,447
3,853.1r6
1,530,201
3,104,906
1,000,000
..89,856,728
91,643,266
.40,441,100
.34,110,000
.
271.425
. 4,686,844
. 2,484,798
.
347,852
. 1,000,000
. 6,514,709
40,441,100
34,173 ,000
27 1,130
6,3 ,6,620
3, .84,752
317,574
.89,856,728
91,643,266
6,939,089
t Cash, bills receivable, due by agents, open accounts.
} Vouchers and pay-rolls, open accounts and loans and bills payable
— V. 63. p. 402.
Georgia Southern & Florida Railw ay.
( Report f o r the year ending June SO, 1896.)
President Samuel Spencer, in the report, says in part:
The decrease in maintenance of way and structures is due
to the large amount of work of a permanent narure done in
the previous year. The large increase in general expenses is
due to the fact that no charge was made to this account in
the year previous for taxes, insurance, salary of counsel or
salary of the receiver. The expenses on these accounts for
that year amounted to about $67,000. The tonnage in 1896
was 474,789 tons arid in 1895 477,564 tons. [Lumber in the late
fiscal year formed 53 2 per cent of the whole, naval stores
10 5 per cent, coal 2'7 per cent, cotton 3-2 per cent and grain
and flour 4 6 per cent.— E ds .] The tons one mile for the same
period was 35,803,328, against 37,852,139, a decrease of 2,048,811. The gross earnings per mile of road were $3,050 and per
train mile $1 23. Rate per ton per mile 1-53 cents.
The company has no floating debt, and has had none since
the reorganization. None of the mortgage bonds reserved
under the plan of reorganization for future improvements
have been issued. The total amount, $416,000, is still held by
the trustees for the benefit of the company. The reserve
funds represent the depreciation of the property accrued but
not yet requiring renewals or replacement. The entire capi
tal stock is now in the hands of the public. The roadbed and
equipment have been fully maintained during the year, and
are in good condition.
During the year there was purchased 150 box cars and 100
flat cars, formerly in use upon this company’s lines when the
Macon & Birmingham was operated as a part of the system.
There was paid during the year $21,111 of the equipment
trust notes given by the late receiver, leaving $90,249 unpaid,
to be distributed over the next four years. New contracts
have been made with Pullman’s Palace Car Co. and the
Southern Express Co. on better terms.
Operations, earnings, expenses, etc., have been as follows:
Operations—
IS 95-6.
1894-5.
1893-4.
Average miles operated.............
235
285
285
Passengers carried.......................
254,753
213,524
225,967
Passengers carried 1 mile.......... 10,629,271
8,465,632
8,779,280
Receipts per passenger per mile. 2-18 cts.
2-50 ots.
2'59 ots.
Tons freight carried....................
474,789
477,564
438,4-8
Tons freight carried 1 mile........ 35,303,328 37,852,139 38,095,353
Bate per ton per mile................ . 1-530 ots.
1-460 cts.
1-370 cts.
Earnings —
$
$
$
Freight........ ................................
548,065
551,937
523,368
Passenger;...... .................... .........
231,805
211,709
227,240
Mail, express and miscellaneous.
89,245
79,912
80,443
Total................................
Expenses—
Maintenance of way ....................
Maintenance of equipment........
Cor ducting transportation........
General..........................................
839,115
843,558
831,051
152,139
135,656
243,147
79,387
193,683
122,691
265,726
29,863
199,742
136,145
273,708
40,571
Total........................................
Net earnings................................
Interest on bonds........................
610,329
258,786
179,200
614,962
228,596
650,166
180,885
Balance, surplus...................
79,586
[VOL. IxKILU
30, 1896.
Liabilities—
Capital stook—see S u p
G EN ERAL BALAN CE SH EET JO N E
Road and equipmont.. .$6,516,193
Material and supplies
p l e m e n t ............................. $ 2 763,00(1
35,657 Funded debt—see Sup
on hand........ ...........
Mlscell. Investments...
1,791
P L E M E N T ................................
Oasli witli rreasu-er...
170.413 Equipment notes..........
Casli for Interest.........
90,325 Taxes accrued, not due
In transit
...............
10,811 Int. due and unpaid___
Due from agents, & c...
10,8«2 Audited vouchers........
Due from U. 8. G ovt...
9,281 Pay rolls .......................
Due from individuals
Wages uncalled for. ...
and companies..........
19,026 Due connecting Une3..
Susp. cross tie account
Reserve funds...............
Profit and loss..............
Total........................ $3,864,387
—V. 63, p. 458.
Total........................ $6,864,387
Lake Erie & W estern R R . Co.
f Earnings for Inter-State Commerce year ending June SO,1896 )
The company has issued the following t
Earnings—
1896.
Gross............................................................... $3,543,008
Operating expenses..................................... 1,929,879
1895.
$3,517,780'
1,933,328
Net........................................................... $1,613,129
Interest, taxes and rentals........................
703,542
$1,584,452
691,909
Balance..................................................
Dividend, 5 per cent on preferred............
$409,587
592,000
$892,543
592,000
Surplus..................................................
- V . 62, p. 826.
$317,587
$300,543
Memphis & Charleston R ailroad.
( Report fo r fiscal year ending June SO, 1896.)
The receivers in their report say in substance:
Earnings and Expenses—The gross earnings show an in
crease compared with che previous year of $'.46,265, or 12-16
per cent.
rhe operating expenses, including taxes and rent
als, were 78-62 per cent of the gross earoings, as against 85-65
per cent in 1894-95. The taxes and rentals were 9'37 par cent
of the gross earnings. The increase of revenue from through
freights was $93,366, or 17-97 per cent, due mainly to the
action of the Court in permitting its receivers to purchase
200 box cars. Tbe failure of the cotton crop caused a loss of
revenue to the road of $34,808, or 29 7 per cent, as compared
with the previous year, when ths cotton crop was also short.
There has been a further and large decrease in tbe ship
ment of grain and mill products as compared with the pre
ceding year, when these shipments were about 35 per cent
less than during 1893-94. This great decrease during ihe last
two years was due largely to the failure of crops in the W est
and Northwest, and to the increase of home production in the
Southern States. But the loss of tonnage and revenue would
not have been so great if the Southern Railway had continuad
ihe policy of hearty co-operation which made its predecessor,
the East Tennessee Virginia & Georgia Railway Go , such an
important and valuable ally of the Memphis & Charleston.
Tbe average rate per ton per mile was 00-813 cents as
against 00-817 cents for the previous year, the decreasi being
on local traffic.
Of the total tonnage (600,988 tons) in 1895 96 48,213 toDS,
or 8 per cent, was pig iron and bloom; 27,130 tons, or 4 51 per
cent, cotton: 32,366 tons, or 5-38 per cent, grain, and 120,662
tons, or 20 08 per cent, coal and coke.
Interest on Bonded Debt.— The receivers paid on Aug. 1,
1895, the coupons due July 1, 1893, and on Feb. 1, 1896, they
paid the semi-annual interest coupons that had become due
Jan. 1, 1894, on the company’s bonded debt, except the gen
eral mortgage 6 per cent bonds. The amount so paid, with
interest thereon, was $356,531, The interest on the company’s
bonded debt, due and unpaid, July 1, 1896, was $1,031,735,
Car Trust.— The receivers have issued sixty car trust notes
of $2,039 92 each in payment for 200 ventilated box cars
purchased by authority of the Court. Oae of these notes is
due and payable on the third day of each month, commenc
ing Nov. 3, 1895, the last note falling due Oct. 3, 1900. Eight
of these notes have been paid, leaving ou'standing on June
30, 1896, fifty-two notes aggregating $106,075 84.
Physical Condition— The roadway, track and bridges have
been kept in good repair, and improvements have been made
during the year by replacing some of the light iron bridges
with stronger structures. The entire main line is now bal
lasted and in fairly good surface. About thirty miles of the
light 54-lb. steel rail should be replaced by heavier rails. The
work of replacing light bridges and of renewing and repairing
masonry should be continued.
Equipment— The engine and car equipment has been kept
in fairly good condition. Two first-class coaches, two bag
gage cars and 200 ventilated box cars have been added to the
equipment during the year. The number of passenger and
freight cars owned by the company is still inadequate to its
requirements and should be increased.
Statistics.— The operations, earnings and expanses have
been as follow s:
O P E R A T IO N S , EA R N IN G S AN D E X P E N SE S.
1895-96.
1894-95.
1893-94.
1892-93
Passengers oarried...
299,039
272,082
290,114
357,543
Pass, carried 1 mile..16,665,544 14,523,204
14,961,831 17,772,316
Kate per pass. p. mile
2'29 cts. 2-34 cts.
2-45 cts
2-33 Ots.
Tons freight carried.
600,988
473,042
505,315
637,645
Tons freight car. 1 m..104,801,726 88,275,262 101,253,337 117,361,355Rate per ton p erm .. 0813 cts. 0-847 ets. 0-797 cts.
0-847 ots.
F r e ig h t ..............................
P a s s e n g e r ....................
M is c i l a a e u u s ..............
1 8 9 5 -9 0 .
*
8 5 1 .9 3 2
3 f 9 .4 G 0
1 1 7 ,2 0 5
1 3 9 4 -9 5 .
*
7 4 7 ,7 1 6
3 3 9 ,8 2 9
1 1 4 .7 2 7
T o t a l ..............................
1 ,3 4 8 .5 3 7
B o rn in g s—
555
THE CHRONICLE,
S eptember 28, 1896.J
1 8 9 3 -9 4 .
799*218
3 c 3 . 186
1 1 2 ,1 1 3
1 8 9 2 -9 3 .
$
9 9 1 ,6 3 7
4 1 7 ,4 9 9
1 0 8 ,1 1 )5
1 ,2 0 2 ,2 7 2
1 ,2 7 4 ,8 1 7
1 ,5 2 0 ,2 4 1
C o n d o -iV t a o s /T n .
M o tiv e jo w e r . . .
M a in t e n a n c e <»f c a r s .
M * im e u * o < e o f w * y .
G e n e ra l e x p e n s e s ,...
T a x t - s ....................................
3 5 ^ ,8 7 6
2 5 8 .7 2 2
8 8 ,7 9 6
1 5 1 ,6 8 9
1 4 1 .7 2 3
6 * ,4 5 0
3 4 7 ,0 0 8
2 6 6 ,8 7 1
7 3 .9 7 7
1 8 7 ,5 1 6
11*9.3 M
4 5 ,0 0 0
3 7 3 .2 4 4
2 7 1 .0 2 4
7 5 .4 13
1 7 6 .2 -1 6
1 2 5 .5 7 9
5 0 ,0 0 0
4 4 7 ,2 5 0
3 0 9 ,0 9 2
9 2 .1 "4
1 9 3 ,4 7 5
1 3 9 , h OO
5 4 ,8 1 1
O p e r a tin g E x p e n s e s -
T o t a l ............................
1 ,0 6 0 .2 5 0
1 ,0 2 9 ,7 2 4
1 ,0 7 1 .5 5 6
1 ,2 2 6 .5 4 2
N e t e a r n i n g s ...................
2 8 8 ,2 3 1
1 7 2 ,5 4 8
2 0 1 ,2 6 1
2 9 3 ,7 0 9
P . c. op . e x p . to e a rn s.
7362
95 65
8105
80*63
RECEIVER*)’ LIABILITIES.
E AR N IN G S, E X PE N SE S AN D CH ARG ES.
1 8 9 5 -9 6 .
1 6 9 1 -9 5 .
1 8 9 3 -9 4 .
1 8 9 2 -9 3 .
P a s s e n g e r s ......... .. ..................... ., 1 5 2 . 1 4 4
F r e ig h t
............................... ..
.3 6 4 ,3 4 3
M a il, e x p r e s s , e t o ......... ..............., 5 7 , 8 8 5
113
$
1 3 9 ,1 6 8
3 6 0 ,5 9 2
5 5 ,9 1 7
143
$
1 4 9 ,5 1 6
3 6 4 ,4 7 1
5 2 ,7 9 3
143
$
1 6 3 ,2 1 0
3 6 7 ,5 0 2
5 2 ,5 8 6
.............. ...................... . 5 7 5 , 0 7 2
T o ta l
O p e r a t in g e x p . a n d t a x e s . . 4 1 4 , 1 1 4
5 5 5 ,6 7 7
4 2 5 ,7 0 5
5 6 5 .7 8 0
4 3 6 ,3 3 3
5 8 ^ ,2 9 8
4 8 2 ,4 6 5
N e t e i r n i n e a ......................... 1 6 0 , 9 5 8
P. c . o f o n . e x p . t o e a r n in g s . ( 7 2 - 0 1 )
O th e r i . c o m e .............. ......................................
1 2 9 .9 7 2
(7 6 -6 1 )
239
1 2 9 ,4 4 7
(7 7 * 1 2 )
159
1 0 5 ,8 3 7
(-?2*01)
1 6 ,0 7 6
T o ta l n e t I n c o m e .............. . 1 6 0 , 9 5 3
I n te r e a - o n b o u d s ..................... . 1 2 3 . 8 0 8
M i s c e lla n e o u s ............................... .
2 .0 J 3
1 3 0 ,2 1 0
1 2 4 ,2 6 0
1 2 9 ,6 0 6
1 2 4 .2 6 0
4 ,0 8 6
1 2 1 ,9 1 0
1 2 1 ,4 9 7
413
5 ,9 5 0
1 ,2 6 0
M ile s o p e r a t e d .............................. .
E a r n in t js —
B a la n c e , s u r p l u s ....................... .
I n t e r e s t o n b o n d e d d e b t d u o »Q<1 u n p a i d - O n 7 p e r c e n t
1, 011,18 < $ 7 9 1 .7 0 0 1 a n d « p e r o o n l b o n d s < (> 2 4 9 ,0 0 0 )................. < 1 , 0 3 1 , 7 0 0
U n p a id r e c e iv e r s ' vou ch er-* a n d p a y ro Is
................................
7 6 .3 3 3
Due for coal b .ueht In June, 1891 i*t0.s6M and on freight
b a la o c s i $ n ,7 7 7 )
..........................................................................................
m i le a g e , d u e
A n a . 1 9 , 1 8 - H ......... ............................. ..................................................................
T a x e s a c c r u e d n o t d u e ................................................. ....................................
2 2 .C 4 4
B r e d ers’ <> per oeat note fo r aleoplnjt-ear
5 ,2 7 0
9 .2 s 7
T o t a l e u r r e n t l ia b ilit ie s (n o t I n c lu d in g c i r t r u s t s ) . . . . . . . 3 1 . 1 1 5 , 7 6 9
T o t a l c u r r e n t r e s o u r c e * .................................................... ................... ............
- V . 6 3 . p. 3 1 0 .
A s s e ts.
Liabilities.
R o a d an d e q u ip m e n t .. .$ 2 ,9 9 7 ,0 8 0
S t o c k o f L o u . & M ias.
R t . T r a n s f e r . . . ............
1 6 ,0 0 0
M a 'e r U l s , e t o .......................
1 1 ,9 * 4
C a s h ...........................................
1 0 7 ,6 8 4
S u n d r y d e b t o r s ...................
2 0 ,2 2 6
S ta tio n a g e n t*, e tc
...
1 9 ,1 0 8
M i s c e l l a n e o u s .....................
1 3 ,4 6 3
C o m m o n s t o c k ................ $ " 0 0 , 0 0 0
B o n d s ( s e e S o p r L E M ’T ) . 2 , 2 5 0 , 8 0 0
I m erest on nonds a c
c r u e 1, n o t d u e ..............
3 0 ,5 1 8
S u p p lie s , t a x e s , e t c . . . .
3 4 ,0 2 6
O t h e r r a i lr o a d s ...................
2 2 ,4 7 4
K e p i o e m 't o f r o ll’ *? s t ’ k
6 3 ,0 4 3
M ls o e lla n e o u s
............
2 9 ,3 8 8
N e t r e v e n u e a c o o u n t ...
5 5 ,2 9 6
Total...... .................... $3,185,315
( E a r n in g » f o r th e y e a r e n d in g J u n e SO, 1896 . )
G r e s , r e c e ip t s . .....................
O p e r a t i n g e x p e n s e * .............
C B
T o t a l ......................................$ 3 , 1 8 5 , 5 4 5
- V . 6 1 , p. 5 1 4 .
New Orleans & North Eastern R R .
R<suite for the late fiscal year have been reported to the
•Chrosicle and compare with previous years as follows:
1 8 9 5 -9 0 .
*
3 5 ,1 4 7
BA L A N C E SHEET JU N E 3 0 , 1 8 9 6 .
3 1 3 1 ,1 2 2
Richmenl & Petersburg Railroad.
E AR N IN G S, E X P E N SE S AND
143
A K G ES.
1 8 9 4 -9 5 .
*
3 7 4 ,9 2 5
2 6 1 .5 6 J
1 9 9 3 -9 4 .
*
3 C 6 .7 0 3
2 4 7 ,5 1 8
1 8 )2 -9 3 .
*
4 0 1 .4 3 5
2 5 4 .5 6 6
1 2 3 .1 6 3
4 .9 4 2
1 1 9 .1 9 0
6 ,0 9 4
1 4 6 .8 6 9
5 ,2 7 1
( E-'rnings f o r the year ending June 30, 1896.J
Extracts from the remarks of President Harvey will be
given in a later Chronicle. Following is a statement of
earnings for the late fiscal year compared with previous
years.
EARNINGS, EXPENSES AND CHARGES.
1 8 9 5 -9 6 .
N e t r e c e i p t * .....................
A d d r e n t a l* a n d In te r e s t . . .
5 .5 0 3
T o t a l ...................................... . . . 1 6 1 , 7 1 2
I o t r n w t p a l l ____ . . . . . . . . . . . . 3 4 . 7 4 5
D iv id e n d s ..................................... . . . 7 0 ,* CO
1 2 8 ,3 0 5
3 5 .8 .8
6 5 .0 0 0
1 2 5 ,2 8 4
3 8 , 5 40
6 5 .0 0 0
1 5 2 ,1 4 0
3 6 .6 0 0
7 O .0 0 0
T o t a l .......................................
1 0 0 ,9 7 8
1 0 1 ,5 1 0
1 0 6 ,6 0 0
B a la n c e s u r p l u s . . . ..............
2 7 ,4 2 7
2 3 .7 4 4
4 5 ,5 4 0
erty.............................. *1.907,095
A . C . I ,. d e w i n g C a r
A s s o c i a t i o n .......... ..
D o e b y r a ilr o a d s a n d
o t h e r s ...............................
D u e b y a g e n t * .....................
S u s p e n s e a c c o u n t ............
C a s h ............................................
8 ,3 7 0
1 6 8 .1 9 6
2 4 ,9 3 2
279
9 6 ,9 5 1
T o t a l a s s e t s ..................* 2 / . 0 5 , 8 l 3
— V .6 1 , p. 1 0 8 2 .
3 6 3 ,0 8 6
7 9 ,2 0 0
3 0 0 ,0 0 0
2 4 1 ,2 3 7
7 9 ,2 0 0
3 0 0 ,0 0 0
2 2 9 ,3 4 4
7 3 ,9 4 1
3 0 0 .0 0 J
2 3 1 ,8 3 2
6 9 ,7 0 0
3 0 0 ,0 0 0
1 3 7 ,9 6 3
1 4 1 ,5 9 7
1 3 7 ,8 6 8
Aecoun’ s payable . . . . .
12,7 <8
D lv . n o t c a lle d f o r : . . .
f o t . c o u p o n s n o t p a id ..
R a l ls —r e n e w a l
......
P r o B t a n d lo s s . . . . . . . . .
3 8 ,0 2 5
147
5 ,0 0 0
3 2 0 ,4 6 9
T o t a l l ia b ilit ie s ......... * 1 , 2 0 5 , 8 1 3
5 0 7 ,9 9 9
8 7 .5 2 3
4 3 .0 2 4
1 5 5 ,5 1 9
5 2 .6 1 7
1 6 ,3 2 0
5 4 8 ,0 3 0
6 1 ,4 4 9
6 3 ,4 6 1
1 5 *5 ,1 6 6
5 3 ,9 4 3
1 3 ,3 2 0
3 2 5 ,5 5 0
T o t a l e x p e n s e * ______3 4 4 , 2 3 7
1 8 7 . A 10
N e t e a r n in g s ..................... 2 4 4 . 5 2 6
A d d o t h e r i n c o m e ............................... 2 , 8 1 8 1 2 , 9 0 0
3 5 5 / 17
1 5 2 ,9 8 2
3 .0 5 3
3 4 7 ,3 4 4
2 0 ",6 8 6
8 .9 9 9
T o t a l ................................. 2 4 7 , 1 4 4
I n t e r ' s t p a id ..................... 9 6 , 4 0 0
D iv id e n d s ............................ 8 9 , 9 0 1
2 0 9 ,3 3 6
9 6 ,4 0 0
7 7 .. 5 8
1 5 6 ,0 4 0
9 1 ,6 1 0
7 0 .6 3 6
2 0 9 ,0 3 5
1 )3 ,5 7 0
7 7 .0 5 3
Total payment*.. 186.301
Balance................... snr.60,813
1 7 3 .4 5 8
t r .2 0 ,8 7 8
1 0 7 .2 4 6
d e f.6 ,2 0 6
1 7 0 ,8 2 9
e u r .3 3 ,4 5 7
BALANCE S
f o n s i ' n a n d p r o p e r t y .. * 3 , 0 3 3 , 8 9 1
P e t e r s b u r g b r a n c h lio o
2 2 9 ,3 1 9
A . C . L . S le e p i n g C a r
A s s 'n .....................................
2 4 ,2 7 3
B ea l e sta te In v e stm e n t
2 ,9 4 7
D n e b y r a ilr o a d * a n d
1 6 3 .4 1 0
o t h e r * . . . . . ....................... ..
2 .5 7 9
D o e b y s g e n t s ..................
C a s h ...........................................
1 9 5 ,0 5 8
T o t a l ...................................... * 3 , 7 0 2 . 5 7 7
— V . 8 1 , p. tC 8 t.
JU N E 3 0 , 1 8 9 6 .
Liabilities
—
S t o c k * ...................................... $ 1 , 2 3 4 , 3 0 0
F u n d e d dibt ................ 1 , 7 1 8 . 0 0
U ', 8 1 0
D a e t o e m p l o y e e s .............
2 0 0 ,1 3 6
D u e to M f l r i h M o t h e r s
4 1 .1 8 8
a c c o u n t s payable.........
2 7 ,7 1 0
I n t e r e s t o « a p n o t p a id
5 2 .5 1 '5
D iv id e n d s n o t c a t le l f o r
2 ,7 9 4
S . w • q i l p u i e n l ................
3 .6 0 0
B a l l * - r e n e w a l s ................
3 5 7 .9 3 4
P r o ltt a n d l o s s ..................
T o t a l ................
...* 3 ,7 0 2 .5 7 7
Alabama & Yleksburg Ry.
( Kamin is fo r year ending June 30, 1898 ,1
” Ex racta fr on the auaual report of President C. C. Harvey
will i « givsa in a later CHRONICS.*. Following is a statement
of saining* for the late fiscal year compare 1 with previous
years:
B a la n c e , d e f i c i t ..............
1 1 ,1 1 4
BALANCE SHEET
NB 3 0 , 1 8 9 6 .5
A ssels.
Liabilities.
C o s t o ( p r o p e r t y ..........* 1 0 , 9 3 9 , 0 7 1
A c c r ’ d l o t (p e r e o u t r a )
2 7 1 ,8 4 6
M a t e r ia ls a n d s u p p lie s
7 4 ,0 0 9
A g e n t s a n d o o a d u c t 'r a
5 8 ,1 3 5
C a s h . .......................................
8 9 ,5 0 3
M is c e lla n e o u s . . . _____
1 0 3 ,7 4 3
N etrev eu u e acoount
2 ,5 7 1 ,0 6 ?
C o m m o n s t o c k ...................$ 5 , 0 0 0 , 0 0 0
Total assets .......$14,107,464
T o t a l lia b i li t i e s . . . $ 1 4 , 1 0 7 , 4 6 4
Bonds (see 3DPP.)......... 6,320,000
A c u 'd 1 8 3 4 , s e e c o n t r a .
2 7 1 ,3 1 6
A o o r n e d l o t . nor d u e . . .
1 6 9 ,8 0 0
A . N .O P .A P . J .R y a c t s 2 , 1 1 5 , 7 9 9
F o r s u p p lie s , t a x e s , AO .
1 3 1 ,5 1 6
M ls o e lla n e o u s ......................
9 8 ,5 0 3
- V . 8 1 , p. 51 5 .
Vicksburg Shreveport & Pacific Railroad.
5 1 2 .9 8 6
4 2 .5 0 3
6 5 ,6 0 4
199 420
1 4 ,7 3 6
1 3 .1 ) 7
Assets—
1 ,4 1 9 ,0 6 2
1 ,1 9 0 ,9 6 9
T o t a l .........................................
l o t . o n p r io r H en b o n d s . . .
lo t. on 1st m a r t. b o n d s ...
1 8 9 2 -9 3 .
*
1 3 1 ,0 4 3
3 5 6 ,3 1 0
5 7 ,1 7 2
1 3 ,8 1 7
1 ,2 9 3 ,0 7 0
1 .0 6 4 ,0 8 8
C a p it a l 8 to k ................... * 1 , 0 0 0 , 0 0 0
F unded dent
..........
6 1 0 ,5 0 0
D n e t o r a il’ s a n d o t h e r s
1 7 8 ,9 1 4
D u e to e t n p l o .e e * . . . . .
1 2 ,0 2 0
1 8 9 3 -9 1 .
-8
1 2 2 ,3 5 5
3 3 2 ,5 8 9
5 2 ,5 5 5
T a x e s ............ ............................
1 ,2 2 8 ,7 6 )
9 3 8 ,5 3 3
..............................1,103.008
2 2 9 ,0 0 3
(8 3 -8 7 )
2 ,8 2 9
1 8 9 1 -9 5 .
*
1 2 4 ,1 7 4
334 672
5 3 ,8 4 0
Transportation.... ....195,505
General........................ 15.2H8
1 0 1 ,9 0 6
T o t a l e a r n io g s ....................1 , 4 1 9 , 7 2 0
O p e r , e x p -u s e s a n d t a x e s 1 , 0 5 2 , 7 4 9
Freight.
2 2 8 ,9 6 2
(3 2 -2 9 )
362
E A R N IN G *. E X PE N SE S AN D C H A R G E S .
T o t a l .................... . . . . . 5 3 8 , 7 6 3
E x p . fo r w a y A s tr u c t. 5 4 .8 2 7
E q u i p m e n t ....................... 6 9 , 0 2 0
M a ll, e x p r e s s , e t c ..............
2 4 0 ,2 2 2
(9 0 * 4 5 )
1 ,0 1 5
( E a r n i n g a f o r y e a r e n d in g J u n e SO, 1896. J
•
196
$
2 2 4 ,8 4 6
1 ,1 2 3 ,6 0 3
7 1 ,4 1 3
3 6 6 ,9 7 1
( 7 4 -1 5 )
1 ,1 1 5
R,suits lor the late fiscal year have been reported to the
C hronicle and compare with previous years as follows :
P a sse n g e r e a r n i n g s .... 1 3 2 ,4 7 5
F r e ig h t .....................................3 9 9 . 3 9 4
M a l l , e x p r e s s , e t c .......... 5 6 , 3 9 4
1 8 9 2 -9 3 .
196
$
2 H * ,4 5 2
1 ,0 0 0 ,6 1 4
8 2 ,0 0 4
2 1 4 ,8 0 3
196
*
N e t e a r n in g s ...................
P e r c e n t o f e x p . t o e a r n s ..
O th e r l u c e r n e ............................
Petersburg Railroad.
1895-98.
1 8 9 3 -9 4 .
P a ssen gers . . . . . . . . . . . . . . . .
E a r n in g s —
LiabU it itt.
G E N E R I C B A L A N C E SH E ET JU N E 3 0 , 1 8 9 6 .
it lt lt
C o n s t r u c t io n a n d p r o p
1 8 9 4 -9 5 .
196
$
2 0 3 ,6 6 9
9 3 5 .5 9 5
8 9 ,4 9 6
M ile s o p e r a t e d ............................
( E a r n in g s f o r y e a r e n d in g J u n e 30, 1896,)
Extracts from the annual report of President Harvey will
be given in a later C h r o n i c l e . Following is a statement of
earnings for the late fiscal year compared with previous
years,
E VENINGS, E X PE N SE S AN D CH ARG ES.
1 8 9 5 -9 6 . 1 8 9 4 -9 5 . 1 8 9 3 -9 4 . 1 8 9 2 -9 3 .
171
$
.1 4 0 , 3 0 9
F r e ig h t '.............................................. .............. . 3 1 3 , 0 8 0
M a il, e x p r e s s , e t o .................................... .. 1 0 5 , 4 2 2
171
$
1 3 4 ,4 9 4
3 5 5 ,2 1 5
9 0 ,3 7 5
1 4 1 3 )3 7
3 1 9 ,6 2 6
8 9 , 5 54
171
$
1 5 7 ,0 6 2
3 1 3 ,4 1 7
9 1 ,4 4 6
T o t a l .......................................................
O p e r a t in g e x p e n s e s a n d t a x e s . . . . .4 0 7 , 1 2 8
5 8 0 ,1 1 4
4 2 8 ,6 0 0
5 5 0 ,2 1 7
4 2 1 ,6 8 L
5 6 1 ,9 2 5
- 1 3 9 ,5 6 6
N e t * a r c i n g s . .............. .................. .1 5 1 , 6 3 3
P e r c e n t o f e x p e n s e s to e a r n in g s , . ( 7 2 -8 6 )
1 ,2 0 6
O th e r I n c o m e
......................................
1 5 1 ,5 1 4
(7 3 -8 3 1
3 ,2 1 2
1 2 8 ,5 3 6
( 7 6 -6 4 )
3 7 ,2 1 2
1 2 2 ,3 5 9
( 7 8 -2 2 )
4 ,0 9 6
.1 5 2 ,8 3 9
I n t e r e s t o n b o n d s .................................... 4 1 0 , 4 9 9
I n t e r e s t o a e a r t r u s t s .......................
1 5 1 ,7 2 6
3 1 0 ,5 2 4
1 6 5 ,7 4 8
4 0 3 ,7 6 0
2 ,1 9 9
1 2 6 ,4 5 5
4 0 0 ,2 5 5
3 ,8 0 3
.4 1 0 ,1 9 0
3 1 0 ,5 2 1
4 0 5 ,9 6 3
4 0 4 ,0 5 8
.2 5 7 .6 1 0
1 5 5 ,7 9 8
2 1 0 ,2 2 0
2 7 7 ,6 0 3
5»Iles o p e r a t e d . . . ............ — .................... .
E a r n in g s —
171
B ALAN CE SHEET JU N E 3 0 , 1 8 9 8 .
Liabilities.
A ssets.
C o s t o f p r o p e r t y ............$ 1 0 , 2 3 7 , 0 9 2
M a t e r i a l ,e lo . o n h a n d .
2 1 ,7 5 1
S u n d r y d e b t o r * ..............
4 2 ,1 1 1
S t a t io n
a g e n ts
and
c o n d u c t o r s ......... ..
1 1 ,8 9 7
C a s h o u h a n d la b a n k
a n d In t r a n s i t ............
1 0 9 ,6 3 1
O t h e r r a i l r o a d s ............
1 3 ,6 8 5
In v e s tm e n t a c c o u n t ..
2 4 ,5 5 0
B ills
r e c e iv a b le
f> r
la n d s a le s . . . ..............
5 .2 0 7
T r u s t e e la n d m o r t g a g e
6 ,4 9 2
N e tr e v e u u e a cc o u n t.
2 ,1 9 1 ,2 1 4
T o t a l ..................................$ 1 2 , 6 6 2 , 6 3 3
— V. 6 1 , p. 515.
Com m on
s t o c k ........... $ 1 , 6 0 1 , 5 0 2
Funded d e b t .......—
First morfc int duo
and u npaid.............
Third mort. Int. due
and unpaid.......
Int. acorued a t dno.SuppUes,pay-rolls,etc.
Rolling stock fun I ...
Reserve for Rod Riv.
b r i d g e .........................
Land sales ................
Miscellaneous..-.......
Total
7 ,7 6 7 ,2 3 5
1 ,7 4 5 ,5 0 6
5 3 4 .4 8 2
1 7 8 ,7 8 9
1 0 8 .0 9 6
6 9 ,0 2 5
1 8 ,0 0 0
6 1 * ,7 4 2
2 1 ,2 5 6
■•••$12,602,633
THE CHRONICLE.
556
Zanesville & Ohio R iver Railwuy.
( Report for the year ending June 30, 1896.)
The receiver has favored the C hbonicle with a statement
o f earnings for the late fiscal year, which compares with
previous years as follow s:
1895-96.
9,082
1894-95.
' $61,236
47,n85
8,751
1893-94.
$66,817
52.819
8,731
Total gross earnings...........
Trans-portal ion expenses. .. . ...... $59,519
8,294
General.............
..........
Maintenance of way and structures 26,632
Maintenance of equipment....... .. . 12,657
$ L17.722
$58,945
8,095
22,*15
13,846
$128,367
$17,048
22,459
30,307
10,353
Freight earnings........................
Passenger earnings..................
Mail, express, etc., earnings.. .......
Total expenses................... .......$107,152
Net earnings ............................ .... $19,301
P. c. of exp. to earns, (excl’g taxes) (3 **74)
948
Interest on certificates........ .
4,415
Taxes.........................................
Betterments............................•Total charges.....................
Surplus......................................
—V. 61, p. 1010.
Newburg Dutcliess & Connecticut Railroad.
(For the year ending June SO, 1896.)
Earnings for the late fiscal year compare with previous
years as follows;
EARNINGS, EXPENSES AND CHARGES.
1895-96.
$
Gross earnings............. ........155,427
Operating expenses... ........ 133,141
1894-95.
$
163,942
137,393
1893-94.
$
157,952
134,803
1392-93
$
167,587
135,179
Net earnings........
Other income...............
26,549
171
23,149
159
32,408
157
Total........................ ........ 22,528
Deduct—
Interest on bonds........ ........ 11,300
Other interest, etc....... ....... 3,805
Taxes......................... .
26,720
23,308
32,565
14,482
5,955
11,300
3,415
6,01)5
14,575
641
6,183
Total....................... -....... 22,190
4,440 Surplus..........................
27-4
20,437
6,283
20.720
2,588
21,399
11,166
$103,701
$14,021
(8809)
4 67
4,113
$110,16 ‘
$18,200
(85-32)
$4,580
$9,441
$4,714
$13,486
....
[Vol. LXI*.
GENERAL BALANCE SHEET JUNE 3 0 ,1 8 9 6 .
Peoria & Eastern Railw ay.
(Earnings f o r year ending June 30, 1896. J
Toe earnings fo r the late fiscal y ar com pa re as follow s
w ith previous years :
1895-96.
189495.
1893-94.
.$
$
$
1,609,806
1,811,740
Gross earnings............................... .1,902,325
1,3 47,302
1,432,616
Operating expenses and taxes ... .1.444,425
Cost of road.. . . _. ... $2,555,684
Cost of equipment........
77,458
Real estate, etc...
4,497
Cash on hand......
10,560
Open accounts........... .. .
10,036
Supplies aud materials.
14,111
Due by agents....
6,402
Liabilities.
Capital stock.................. $1,100,000
Collateral trust 5s.. ..
226,000
Income bonds 6 s ......... 1,164,500
Interest due and accr’d
1,883
Loans and bills payable
14,277
Audited vouchers, etc..
18,483
Real estate mortgages.
42,500
Profit and loss (surp.)..
111,105
To^al assets............. $2,678,748
Total liabilities.......$2,678,748
- Y . 61, D. S67.
Am erican Grocery Company.
(Report fo r the year ending July 31, 1896J
177,190
Net earnings............................. . 457,900
463,938
Deduct
The report states that the undivided profits July 31, 1896,
419,120
4 ’ 9.120 from the operations of the past two years weie 844,602, from
Interest on bonds.......... ............. . 419,120
22,500
22,500
22,500
Rentals............. ........ .%................. ...
which a dividend of 3 per cent, amounti g to $12,323, has
Total........................................... 411,320
441,620
441,620 been declared payable on the preferred stock. A plan is
Balance........................ ....... ...... ..sur.16,230 sur.22,318 def.26l,430 under consideration to reduce the capitalization, retiring the
common and second preferred stock, and having outstanding
—V. 61, p. 568.
stock of only one class.
Somerset Railw ay.
President Marsalis says in his r e p o it:
(Report fo r the year ending June 30, 1896.)
We did a very satisfactory business until the financial condition o f
the country was disturbed bv the Venezuela message in December, and
The report of this road, which extends from Oakland to further disarranged by the bond issue in January. It was then
Bingham, Me., 41 miles, with branch, 1 mile, says:
thought best to retrench a d put the business in shap- for a prolonged
The damage to the road by freshet was nearly $12,000. Of period of depression. After closing out at reduced prices some of the
merchandise which was taken over from Thurber. Whyland & Uo.,
this amount we have expended in repairing damage $5,420, old
reducing the business without a corresponding reduction in expenses
leaving about $6,500 to be <xpended later on.
(which could not he made at once on account of arrangements that
Amount of stock issued in payment of Somerset Railroad h: d already been made for doing a much l irger business), paying ex
bonds and accrued interest to Aug. 15, 1888, $552,900
Stock cessive taxes amounting to $10,000), and farther paying a rental of
$3/,000 per annum, or about $ t« ,OoO more for the past two years than
wiil be issue d on dem atd on presentation of bonds and inter we will have to pay fo r a modern groc- ry buildiug which we have
est coupons to Aug. 15, 1883, as follows: For bonds. $110,400; leased at a rental of $7,000 per annum, it will be seen from the report
for coupon interest, $72,572; for Treasurer’s scrip, $776; total that there is a surplus from the past two years amounting to $1=4,602.
Having adjusted the business so that it cau b* handled wbhin its
capital stock June 30, 1896, $736,648.
capital and make money, it was deemed advisable to pay a dividend of
The earnings for three years past and the balance sheet 3 per cent on the first preferred stock, checks for which will b-t mailed
to stock holders in proportion to their holdings. The new building into
are sh ow n b elow :
1895 96. 1894-95. 1893-91. which the company will move, Nos. 131, 133, 13 5 aud 137 Franklin
street, near West Broadway is much better adapted in every way for
$,
$
$
Freight earnings.......................... ................ 53,4 84
47,365
38,795 the economical conduct of the bm-iness. With tbe reduction of rent of
Passenger earn ings................ ...
23,0'7
24,327 about $ 2 5 , 0 per annum, besides other charges a-.d expenses, busi
Mail, express, etc......................... ................... 5,338
4,990
4,9-8 ness will show a satisfactory profit and will easily earn a dividend on
the first preferred st tek, besides adding to the company's surplus.
The large capitalization requires a very heavy tax aceouut, and fur
75,372
Gross earnings........................
68,030
Operating expenses....................... .................65,165
56,947
52,481 ther, the large amount of second preferred aud cominou stocks out
standing has had a tendency to depress the first preferred stock aud
Net earniegs........................... ............... 19,116
18,425
15,549 is otherwise cumbersome to the business. Hence at an early day, we
Interest on funded debt...............
11/250
11,250 hope to submit to the stockholders some plan by which the second
Intei eat on floating debt..............
3,926
3,270 preferred and common slocks can be retired and leave only one class
A dditions......................................
2,001 of stock to represent the assets of the company.
The balance saeet on July 31, 1896 and 1895, compare :
Surplus for year.......................
3,249
def.971
1896.
1895.
GENERAL BALANCE SHEET JUNE 30, 1896.
Assets—
$
$
. 32*,000
4 5 7 ,6 2 2
Accounts and bills receivable ...............
Cost of road.................. $1,039,961 Capital stock................ $736,649 Thurber, Whyland & Co. account notes
733,017
732,959
Equipment................
28,798 Sundry accounts com
. 243,678
353,821
Merchandise...............................................
C ash ...............................
3,713
pany owe— .............
4,138 Real estate.......... .......... ....................
25,000
25,000
Due other ro a d s ..........
4,542 Trade-marks, good will, e t c ..................
Due from solvent cos.
,1,740,094
1,740,094
57,187 C a sh .......... ............................................
and individuals..........
1,910 Bills payable................
. 22,217
63,855
66,949 Miscellaneous..........................................
Due from agents, e tc ...
10,147 Profit and loss...............
49,724
40,968
Insurance paid in adv..
366 Mortgage payable........
225,000
Mateiials and supplies.
10,189 Due for interest............
621
Total assets........................................
3,130,974
3.401.559
Liabilities—
Total........................... $1,095,083
Total........................... $1,095,081 Capital stock, first preferred..................
. 410,780
410,780
.1,500,000
1,500,000
Capital stock, second preferred.............
U lster & Delaware R R .
1 , 0 0 0 ,0 0 0
Capital stock, common...................... .
1,0 0 0 ,0 0 0
Accounts payable.....................................
85,127
105,581
(R eport fo r the year ending June 30, 1896.)
90,464
321,500
Bills payable . . . .....................................
44,603
63,698
Earnings for the late fiscal year compared with the previous Undivided profits................... .................
year have been as follows:
Total liabilities...................................
3,130,974
3.401.559
Tears end. June 30.
1896.
1895.
1894.
—V. 61, p. 323.
Gross earnings.................................... $419,354
$405,227 $428,053
Operating expenses............................ 314,913
315,079
289,150
Street Railway & Illu m in atin g Properties.
( Statement o f August 1, 1896. J
Net earnings.................................. $104,441
$90,148 $138,903
Other In com e....................................... 16,707
34,128
943
For the year ending July 31, 1896, Messrs. Samuel Spencer,
$124,276
Total__
$121,148
$139,846 Charles E. Cotting, Edwin Packard, C. S. Tuckerman and
$92,600
Interest, etc.
$92,658
$93,202 Frank G. Webster, the trustees, make the following statement:
19,712
20,528
19,791
Taxes...........
PRINCIPAL CASH ACCOUNT.
Balance brought forward............................................................
$47,874
Total.................................................$112,370 $113,128
$112,093 Received
from sale of various securities........... .................... 1,159,996
Surplus.......... ......................................
8,778
11,148
26,853
$1,207,870
Total surplus June 30.................. 425,772
418,147
415,432 Paid for 9,824 shares preferred stock bought iu and retired
at an average price of $111 16 per share (total shares out
GENERAL BALANCE SHEET JUNE 30, 1896.
standing July 31, 7,904*) ....................................................... $1,092,114
A
Liabilities.
Paid iu purchase of additional securities in sundry compa
Cost of road.................. $3,069,579 Capital stock.................$1,794,600
nies, purchase being necessary for the protection of exist
Funded debt........... ...... 1,852,300
Cost of equipment............................314,340
ing interests.................................
105,968
11,316 Balance carried forward.............
Stocks of otter co s ....
740,000 Int. due and accrued...
9,788
Open accounts.............
41,^26
Supplies on hand............................. 21,692
_
_
Total........................................................................................
$1,207,870
Pay rolls, etc................
75,270
Open accounts, etc.......................... 44,015
* On August 6 the trustees purchased and retired 751 shares of pre
425,772
Cash on hand.................
11,558 Profit and loss, surp. . .
ferred stock, at an average price of $108 61 per share. This leaves
Total........................ $4,201,184 JCUflfcTotal........................ $4,201,184 outstanding August 20, 1896, 7,150 shares of the original 45,000
shares.
—V. 61, p. 364.
THE CHRONICLE.
September 26, 1896.]
INCOME CASH ACCOUNT.
B a l. b r o u g h t f o r w a r d . . .
$ 5 0 ,2 4 2
R e c e iv e d a * i n t e r e s t o a
b o n d s a n d n o te a . d iv i
d e n d s o d s t o c k s . In t e r
e s t on d e p o s it * , e t c :
B onds
...........................
8 7 ,7 5 2
N o w s ......................................
5 2 ,0 1 9
D i v i d e n d s .......... ...............
2 8 ,2 0 9
I n t e r e s t o n d e p o s i t s ..
1 ,7 7 7
S u n d r i e s .......................... ..
281
P a id in d iv id e n d s o n p r e
fe rre d sh a res F e b . 1,
and A u gu st 1, 1896, 3
p e r c e n t e a o h ....................... $ 6 4 , 4 8 2
E x p u se o f m a n a g in g th e
t r u s t ....... ................................
7 0 ,0 3 5
B a la n c e c a r r ie d f o r w a r d .
8 5 ,7 1 3
T o t i l ......................................... $ 2 2 0 , 2 8 0
T o t a l ........................................... $ 2 2 0 , 2 8 0
SECDBITT ACCOUNT.
S e c u r it ie s h e ld b y t r u s
te e s A n g . 1 , 1 8 9 5 , a t
par v s ln e .
B o c d a ................................$ 2 , 7 3 3 , 0 0 0
(■tu c k s.............. ..............
3 ,2 c 0 ,7 6 0
9 3 7 ,4 6 3
N o t e s .................................
M i s c e l la n e o u s ___ _
1 5 ,0 8 1
P la n ts.
.......................
2 9 5 ,0 0 0
S e c u r it ie s r e c e iv e d
fro m
v a rio u s
s o u r c e s ......................
9 5 1 ,2 5 6
P a r v a l u e o f s e c u r itie s
s o ld ,p a id o r o t b e r w i s e
d is p o s e d o f ........................ $ 2 , 5 0 3 , 5 6 0
S e c u r it ie s n o w h e ld b y
tru ste e s a t p a r v a lu e :
B o n d s ................................ $ 1 , 8 9 8 , 1 0 0
S t o c k s ............................... 3 , 0 9 8 , 0 6 0
N o t e * ..................................
6 1 1 ,2 3 9
M i s c e l la n e o u s ............
3 ,8 3 7
P l a n t s ................................
1 7 ,7 6 4
T o t a l . . . ..............................$ 8 , 1 3 2 , 5 6 0
— Y . 6 0 p. 1 0 1 1 .
T o t a l ............................ ..........$ 8 , 1 3 2 , 5 6 0
Metr polltaa Street Railway, Mew York City.
( Report f o r the year ending Ju n •. SO, 1890.)
This company operates all the lines of the Metropolitan
T ree ion Company. R-suits for the late fiscal year compare
with previous years as follows :
1895.
1896.
$
T w r i e n d in g J u n e 3 0 —
1894.
$
$
O p e r a t in g e x p a n s e * ........................ . . 4 , 0 1 1 , 9 3 1
5 .4 8 4 .3 2 3
3 ,1 8 3 ,2 1 0
5 .3 5 1 ,9 1 2
3 , 2 £ 3 ,0 5 5
N e t e a r n in g * . . . ................................ 3 , 2 8 6 . 3 3 1
O t h e r i n c o m e .................................................. 6 6 5 , 2 1 8
2 ,3 0 1 ,1 1 3
2 8 7 ,9 0
2 ,1 2 7 ,8 5 7
4 6 ,8 5 2
T o t a l n e t i n c o m e ..................................3 , 9 5 1 , 5 4 9
2 ,5 8 9 ,0 4 9
2 .1 7 4 ,5 0 9
GfOM earning*
...................... ....7 ,2 9 9 ,2 6 2
Deiiuet—
I n t e r e s t o n b o n d * .................
3 2 0 ,0 0 0
T axe<i ...............................................................
4 1 7 .9 3 0
R e n t a l * e t c .................................................... 1 , 7 4 6 , 7 7 1
7 0 ,0 0 0
3 2 0 ,9 5 0
1 ,6 2 6 ,0 3 4
1 .4 5 3 ,8 5 3
T o t a l .............................................................2 , 4 8 4 , 7 0 1
B a la n c e , • u r p lt u fu r d iv id e n d * !____ 1 . 4 6 6 . 9 4 8
...............................................
1 , 2 5 2 , .5 0 0
2 ,0 1 6 .8 8 9
5 7 2 ,1 6 0
405, 00
1 ,8 5 9 ,9 7 0
311 539
3 2 8 .0 0 0
dividend*
7 9 .2 4 7
B a la n c e f o r y e a r . ...................................................... . n n r .2 1 4 ,3 4 9 t u r . 1 6 7 , 1
d 6e 0f . 1 3 , 4 6 1
O K X E K A L B A L A N C E SHEETS O F J U X B 3 0 .
1896.
1 8 ° 5.
f
At hr—
$
R o a d a n d e q u i p m e n t ............ . ..................................... .. 3 0 , 5 3 5 , 5 3 6
B lo c k * a n d b o n d * o f o t h * r c o r p o r a t i o n * ......... ..
2 6 .2 2 3
B u p p iir m o n h a n d ...................
7 2 ,6 0 4
O p e n a c c o u n t * ...........................
1 ,7 0 4 ,6 3 1
2 0 ,8 8 1 ,7 6 1
2 6 ,2 2 3
8 2 ,9 1 2
1 ,0 9 0 ,1 1 6
1 8 8 ,3 5 0
T o t a l ................................................................................................1 J . 9 6 1
2 2 .5 5 9 ,7 2 2
C a p it a l s t o c k ..............................................................................1 6 , 5 0 0 , 0 0 0
F u n d e d d e b t ..................
9 ,4 0 0 .0 0 0
I n t e r e s t d u e a n d a c c r u e d ..............................................
1 4 0 .8 5 8
D iv id e n d -* a n d r e n t a l* a c c n t e d ....................... . . .
9 0 ,5 6 5
1 3 ,5 0 0 ,0 0 0
6 ,4 0 0 ."0 0
7 ,5 2 5
9 1 ,7 3 2
1 ,6 2 9 ,3 1 1
9 2 8 ,1 5 1
Caeh on hand ..........................................
3m
443,767
Liabilities-
Open accou nt*.................................................... 5,509,039
Profits and lo se , s u r p l u s .................................
1,142,499
Total...................................................
.3 2 ,7 8 2 9 6 1
557
f r o m that employed in previous ye i n , so that the following
comparison is not more than approximate :
COMBINED EARNINOS OF ALL COMPANIES.
„
.
„
1896.
R e c e ip t s f r o m p a s s e n g e r s
*
a n d m a i l .................................. 10,210,026
1895.
$
1891.
$
BALANCE SHEETS JUNE 3 0 , 1 8 9 6 .
Union
Philadelphia People's
Electric
Traction Co. Traction Go. Pass. Ry. Trac'n Go.
$
$
C o s t r o a d a n d equip... 883.663
4 ,1 3 0 ,4 6 7 6 ,3 3 0 ,4 2 5
7 ,7 8 7 ,7 1 3
Leases, cost, acot..........
1 ,1 1 0 ,7 8 3
Stocks other co’s .......... 539.873
5 ,1 0 6 ,1 5 5
1 5 9 ,3 5 2
Bonds other co’e........... 417,400
........
3 2 5 ,0 0 0
C a sh ..............................1,400,449
293,787
2 6 2 ,4 1 6
Materials and supplies. 113.291
126,677
Bills receivable........... 271,235
............
430263
15,100
............
Due by a gen t*.............
Open accounts ............
13,462 )
- *n7 Q1. 5
3,983 + 9 4 5 ,7 9 8
Adv to leased Hues ...3,736,390 \ " lr>»407,911 £ ............
Fire ins*, fu n d ............... 242,972
___ _____________
Sinking fund.............................
1 4 5 ,0 3 0
Real estate................................. .
9 .8 3 3
Green ifeOoates Ry.Dep.
....
3 0 ,0 0 0
Profit and loss, def------49,2 3
Assets—
T o ta l....................... 7,743,133
2 5 ,0 6 4 ,9 9 7
Capital stock......... ...5,986,095
Funded debt..................................
lute rest do...................
893,863
Accounts payable, etc. 2 )5,063
Open a ccou n ts............................
Sundries....................... 13 >,659
Licenses and taxes ucct. 199,788
Reserve for oonting’ uo’ s 313,635
Profit and loss, surplus: ............
20 , 000,000
Liabilities—
T o t a l ..................................7 , 7 4 3 . 1 5 8
9 ,3 0 3 ,0 6 5
8 ,7 3 3 ,5 1 1
1 ,0 1 7 ,4 0 2
1 ,0 3 3 ,9 1 0
1 ,0 7 5 ,0 1 3 0
................
950
7 1 ,0 3 4
3 ,8 3 5 ,9 6 3 t 6 ,6 5 5 ,9 7 2
................
2 0 0 ,5 1 0
8 ,2 9 7 ,9 2 0
2 8 2 ,1 0 0
14§;il9
1 9 8 ,0 9 4
280167
10372
2 5 ,0 6 4 ,9 9 7
9 ,3 0 8 ,0 6 5
8 ,7 3 3 ,5 1 1
R e p r e s e n t in g c o n s t r u c t io n o n a c c o u n t o f W e s t P h ila d e l. P a s s e n g e r
R y .. # 2 ,4 1 4 .5 3 5 ; U n i m P a s s e n g e r R y .
5 9 ; P h ila d e lp h ia O il y
P a s s e n g e r R y .. # 1 . 5 5 9 , 4 0 5 ; T h ir te e n th & F if t e e n t h S t r e e ts P a s s e n g e r
R v'. , # 5 8 1 , 5 3 1 ; R id g e A v e n u e P a s s e n g e r R y ., $ 1 , 0 3 9 , 5 7 4 ; G r a y 's F e r r y
P a s s e n g e r R y ., # 7 0 4 ,8 5 '* ; C o n t in e n ta l P a s s e n g e r R y ., # 6 6 0 , 4 1 7 ; E m
pire P a s s e n g e r R y ., $ 7 0 5 , 7 1 5 ; S e v tn to e n tli & N t a e t e s n t h S t r e e ts
P a s s e n g e r R y ., $ 5 5 1 , 2 9 8 ; C a t h a r in e & B a in b r id g e S t r e e ts P a s s e n g e r
R v .. # 2 3 4 .6 9 8 , e t c .
J U n io n T r a c t io n C o .
t D u e P e o p le ’ s T r a c tio n Oo. f o r c o n s t r u c t io n a u d e q u ip m e n t ,
— V. 6 3 , p. 4 5 7 .
Steinway Railway, Long Island City.
( Earnings fo r the year ending Jane SO, 1896, J
Thu road was merged in Juno, 1896. with o ’ hsr Long
[-land City roads, into the New York & Q Sens County Ry.
The results given below are on the old S;einway Railway,
with about 32 miles of track:
Y ea rs e n d in g J u n e 3 0 —
1896.
$ 3 3 1 ,7 4 5
1 9 4 ,9 1 2
1895.
$ 2 3 3 ,3 5 4
1 3 3 ,5 5 6
$ 1 3 6 ,8 3 3
2 7 ,1 2 5
$ 9 3 ,7 9 8
1 3 ,3 8 8
$ 1 .6 3 ,9 5 3
$ 1 0 7 ,1 3 6
$ 3 9 ,5 6 1
1 2 ,7 0 8
$ 8 9 ,5 5 5
5 ,8 1 5
2 2 ,5 5 9 ,7 2 2
— V . 6 3 . p. 116.
1893.
8
9,233,374 7,805,198 8,043,215
The balance sheets are as below. The statem -nt of the
Union Traction Co. explains that it has no funded debt but
that it guarantees the interest on an issue of 829,712,963 of 4
per cent stock trust certificates, which are secured by deposit
of stock of the Electric and People’s Traction companies.
C h arges -
Union T raction Company o f I'n ila ilelp h ia .
I n te r e a t o n
T a x e s ..........
( Statement for the year ending June SO, 1890.J
$ 1 1 2 ,2 6 9
$ 9 5 ,3 7 0
The income acoount of the Union Traction Company for the
$ 1 1 ,8 1 6
$ 5 1 ,6 8 9
last nine months of toe fiscil year ending June 30, 1896. veas - V . 6 3 , p . 2 2 9 .
published in the C h r o n i c l e o f S*pt. 1 2 , page 4 5 7 . The PnilaNassau E lectric UR ( B rooklyn, N. Y.)
delphia Ledger baa since published, in addition, the report
furnished to the authorities a1. H irrisbu^g by the Pniladelpoia
(learnings fo r the year ending Jane SO, 1896,)
Traction Company for the first three months of the year end
This road commenced operations July 28, 1835, and since
ing June 30, 1896 (its lines for the rem linder of the year being that tim> several extensions have baen opened. In March,
the system operated directly by the Union Traction Co.), 1896, the lines of the Atlantic Avenue RR. (including Brooklyn
and the reports for the eniire vear filed by the Electric Trac Bath & W est End road) aggregating 59 miles of track, were
tion Company and the People’s Paseenger R a i l w a y . We thus leased, making the total track note operated, 119 miles.
have the earniogs of the entire system for the year 1893 96.
Results for the period from July 28, 1895, to June 30, 1896,
The earnings and expenses of all lines for the f u l l year were
were as folio vs:
as follows, the earnings of the Philadelphia Traction Co. being
I n t e r e s t o n b o n d s .............. $ 9 6 , 3 7 9
G r o s s e a r n in g s ...................... $ 7 1 5 , 9 4 2
the total of the earnings for the first three months reported O p e r a t i n g e x p e n s e s ............ 4 3 9 . 9 0 3 T a x e s ...........
1 6 ,2 7 3
R e n t a l s .......................................... 1 2 6 , 0 6 5
by the company itself and for the last nine months reported
N e t e a r n in g s ..................... $ 2 7 8 , 0 3 9
by the Union Traction:
T o t a l c h a r g e s .................. $ 2 3 8 , 7 1 7
O t h e r I n c o m e . .......................
1 8 .9 2 6
V t o p i c 't P h iT d e lp h ia
Electric
T otal
T ra ctu m .
P o t t . R y . T r a c tio n Co.
•
o f a ll.
*
10,210.020
2 .0 3 5 ,0 8 2
*
5 .6 7 8 ,7 8 0
1 7 5 .7 1 2
8 3 1 ,8 7 4
8 7 ,7 9 6
1 7 8 ,8 2 6
1 1 7 ,1 8 7
6964*61
7 1 .0 1 5
1 6 9 ,7 5 6
4 1 8 ,3 1 1
2 ,0 1 0 ,9 4 8
1 7 1 ,5 8 0
8 7 7 .0 8 7
7 4 1 ,1 8 0
3 ,5 7 2 .7 8 6
3 2 3 .3 9 1
7 2 5 ,6 8 9
T o ta l o p e r g e x p e n s e * . .1 .2 7 0 ,2 0 3
1 .0 3 1 .8 9 2
3 ,0 0 7 ,9 2 6
5 ,3 6 3 ,0 2 6
N e t e a r n i n g * ........................... 1 .2 2 .5 ,9 5 6
O th e r I n c o m e ______ . . . . . . .
7 5 ,5 3 3
9 5 0 .1 9 0
2 3 ,1 3 1
2 .6 7 0 ,3 5 1
4 ,8 1 7 ,0 0 1
G r o s s e a r n i n g * . . . . . . . . ____2 , 1 9 6 , 1 6 1
O p e r a tin g e x p e n s e s —
G e n e f a l ................ ...................
T r a n s p o r t a t i o n ............ . . .
M a ln t . o f w a y A b ttlliV g*
M a ln t e n a n r e o f e q n lp m ’ t
T o ta l
net.
......................... t , 3 0 1 , 4 9 1
P a y m en t»
Taxes
...............................
I n t e r e s t o n b o n d s ..............
321.909
118,165
1 9 ,5 5 4
4 2 .5 1 7
370,610
R e n t a l s , e t e ......................................
,. . .
D i v i d e n d s ______ _____________
1 7 5 ,0 0 0
2 7 ,3 8 5
2 0 7 ,5 0 0
T o ta l
ehu-gae.................. 1 , 3 3 6 . 3 3 5
d e ficit .......................
3 4 ,3 4 1
Brotklyn City & New tow a (Street) Rlt.
f Earnings fo r tj’.ar ending Jane 30, 1896.)
The earnings for the late fiscal year have been cim iiled
and compare with previous years as follows :
. . . 3 3 £ .7 1 3
1 8 9 4 -5 .
$
6 1 6 ,9 0 9
3 8 2 ,5 5 6
1 8 9 3 -4 .
$
5 9 2 ,3 5 5
3 3 5 ,9 6 4
....2 2 0 ,8 7 3
8 ,6 2 3
............................. ......... . . . .
2 3 4 ,3 5 3
364
2 5 6 ,3 9 1
434
N e t i n c o m e . ..................... ................. . . . . . . . 2 2 9 ,5 0 1
. . . . 9 8 ,0 1 2
. . . 2 *.7 4 2
. . . . 1 0 ,5 6 9
2 8 4 ,7 1 7
9 6 ,7 5 0
1 7 .6 0 3
1 0 ,5 3 5
2 5 6 ,8 2 5
MO,7 2 8
1 3 ,4 9 0
1 0 ,7 0 3
1 3 9 5 -6 .
$
9 7 3 .6 -2 1
Rentals.............................. 816.372
Interest no a c c o u n t , d a *
People s Traction.........................
B a la n c e ,
B a la n c e , s u r p l u s ................. $ 5 8 , 2 1 8
T o t a U e t....................$290965
The general balance sheet of June 30,1893, was given in the
C h r o n i c l e of August 8, page 227.— V. 63, p. 227.
243,750
O p e r a t in g e x p e n s e s ......................................
See rep ort
T r a c t io n , V .
167.
0 uion
6 3 , p.
O th e r in c o m e
....
1 ,0 0 8 .2 2 7
3 4 .6 0 6
J
The earnings and expense* of all lines for the late fiscal
year, it is stated, were made upon a somewhat different basis
..1 2 9 ,3 2 3
1 2 4 ,9 1 8
1 1 1 ,9 2 1
...1 0 0 ,1 7 3
1 0 9 .7 ) 9
1409
1 1 0 ,0 9 0
1 0 1 ,0 0 0
4
558
THE CHRONICLE,
[V ol . L X III
G E N E R A L BALAN CE SH EET JUN E 3 0 , 1 8 9 6 .
Road and equipment...$3,260,431
Permanent l ivestm’ ts..
10,557
Supplies on hand..........
14.L59
Accrued lute test...........
98,010
Due on open accounts..
12,620
Cash on hand.................
59,169
T o ta l..................... $3,454,946 |
—Y. 62, p. 868.
Brooklyn
Troy City Railw ay.
Liabilities—
( Earnings fo r the year ending Jane 30, 1896. J
Capital stock................ $1,000,000
Funded d b t ................ 1,970/ 0 »
The earnings for the late fiscal year have been compiled,
Loans aud bills payable
10.000
Int. on funded debt ...
49,250 and compare with previous years as follows:
1896.
Open accounts, etc......
1895.
2<‘,5 i>6
1894.
Tears ending June 3 0 —
Mortgage on real estate
191,606
$
$
$
4 5 4 .0 7 8
Protit and loss, surplus
213,535 Gross earnings ............................... 5 1 5 . 7 73
4 2 2 ,5 1 9
Operating expenses....................... 2 6 3 , 6 4 4
2 2 9 ,5 6 6
2 0 6 ,4 6 *
T o ta l...................... $3,454,946
Net earnings ..........................
2 5 2 ,1 2 9
2 2 4 ,5 1 2
2 1 6 ,0 5 3
Other income ................................
4 ,3 9 5
1 ,9 1 3
2 ,S 9 &
Queeni County & Suburban RR.
('Earnings for year ending June 80,18 96 ,)
This road belongs to the Brooklyn Ripid Transit system ,
but its earnings are reported separately. Earnings for the
late fiscal year have been compiled, and compare with pre
vious years as follow s:
Years end. June 3 0 —
1896.
1895.
1894.
Gross earninss........................... . $ 6 9 4 , 9 4 6
$ 5 9 9 ,4 0 9
$ 5 > 8 ,8 4 5
Operation expenses..................... 4 5 1 , 1 3 1
4 1 5 ,2 2 6
4 2 7 ,7 1 3
Net earnings.................... ..$233,815
Otherincome..... ....................... .
18,018
$171,182
36,129
$L11,13 5,180
Total........................................$251,=33
Interest, taxes, eto..................... 345,560
$ 2 1 0 ,3 1 1
3 3 9 ,0 6 8
$ 1 1 9 ,3 1 2
1 6 9 ,2 2 3
Balance, deficit
$ 9 3 ,7 2 7
$ 1 2 8 ,7 5 7
$
2 ,9 1 1
GENERAL BALANCE SHEET JUNE 3 0 , 1 8 9 6.
Road .and equipment...$3,363,743
Supplies on hand..........
2,368
Due on open aocouuts..
22,333
Treasury bonds.............
25 .000
Cash on hand................
78,643
Profit and loss deficit..
311,521
Liabilities—
Capital stock................. $2,000,060
Funded debt....... ......... 6,490,006
Loans and bills payable
360,00 6
rnt. due and accrued. .
117.678
VVa-ces and supplies . . .
66,877
Open aooounts, etc.......
4,556
Total........................... $9,039,111
—Y. 62, p. 868. *•
Total.............................$9,039,111
A ft/tp.is—
general
1 0 0 ,0 0 0
2 2 6 ,4 2 5
5 1 0 1 ,7 7 4
l
1 7 ,7 5 8
1 0 5 ,0 0 0
2 1 9 ,9 4 9
1 0 1 ,3 5 4
1 7 ,2 4 2
1 0 0 ,0 0 0
2 3 5 ,4 2 4
.
2 2 4 ,5 3 2
2 1 8 ,5 9 6
2 1 ,1 0 0
balance
1 ,8 9 3
353'
SH E ET JUN E 3 0 , 1 8 9 6 .
Assets.
I
Liabilities.
Cost of road and « quip.$3,193,385 |Capital stock................$2,000,000
Securiries of other cos.
746,439 I Cap stock leased roads
7 6 5 / 00
OtherDerman’ t invests. 2,230,000 | Funded d e b t ................ 2,0 0,000'
Supplies ......
64,204 D ebentures.
380,306
Open accounts, eto.......
4,992 JInt due and accru ed...
29,566
Ca6b on h a n d ...............
23,7 dO I Open accounts ..............
404
Unaccrued expen. paid
6,286 |Profit and loss (surp.).. 123,756
T o ta l.......................$5,299,026 |
Total......................... $ 5 ,2 9 9 ,0 2 6
Capital stock leased lines” include Troy & Cohoes s t o c k
$5c,0o0; Lansiugburg Cohoes, 1515,000; Troy & Lausingburg, $700
OOC; total, $765,uOO.—V. 62, p. 952.
Note—“
Midlletown-Grishen Traction,
( Earnings fo r year ending June 30,1896.J
Results for the lite fiscal year compare with previous years
as follows:
1 8 9 5 -6 .
1 8 6 4 - 5 .1
1 S 9 5 -6 .
1894 5.
Net earnings...$11,255 $15,6811 Total................ $17,890 $12,245
Other income— _Balance ............................. ....... def.$5,448sn.$4,495
This company i* a consolidation (effected in March, 1896,)
of the old Yonkers R R ., the North & South Electric Co. and
the Yonkers & Tarrytown Electric RR. The following figures
for 1896 represent the earnings of the old Yonkers RR. for the
nine months ending March 81, 1896, and of the consolidated
companies for the three months to Juae 30. For the previous
years the figures are for the Yonkers RR.
1896.
1891.
1895.
Tears ending June 30—
$
$
$
74,444
58,291
Gross e -rniugs........................... .
57,626
54,639
Operating expenses.....................
16,813
1,994
3,652
1,009
18,812
4,661
2,650
6,944
7,913
2,354
6,032
1,193
1,210
Total.......................................
Balance............................. .......... .... .sur.3,535
17,251
sur.1,561
8,435
def. 3,774
Net earnings...............- ......... .
Other income.............................. ..........
Total income.........................
Deduct—
Interest on bonds............„......... .
Interest oa loans........................ .
T axes........................................... ..........
1,712
B e lo w w ill b e fo u n d the balance sheets o f M arch 31, 1896
(b efore con solidation ), and Ju n e 39, 1896 Cafter con solida tion ).
GENERAL BALANCE SHEET.
Jtme 30.1896.
Assets Si
Cost of ro a d ................................
Cost of equipment.......................
Supplies on hand.........................
1.518
2,062
Miscellaneous ........................... ___
Cash on hand ..................
19,387
Profit and loss, deficiency.
March 31,1896.
$
714,273
110,716
9,369
2,214
1,096
34,136
T otal..........................................
Liabilities—
Capital stock...................................
Funded debt................ ......... .........
Interest due and a ccru ed............
Bil s and accounts payable, etc. ..
Loans
........................... ..........
Profit and loss, surplus..................
1 ,2 1 7 ,2 7 7
871,804
6 0 0 ,r o i)
6 0 0 ,0 0 9
7 ,5 0 0
7 ,7 6 8
126,406
425,000
21, 97
48,803
250,404
T o t a l............
—Y. 62, p. 644.
1 ,2 1 7 ,2 7 7
2,009
871,804
Buffalo & N iagara F a lls Electric By.
( Earnings fo r the year ending Jane 30, 1896..)
This company operates a double tracked road between
Buffalo aud Niagara Falls, 15 miles. Operation was eo nmenced Septem >er 30, 1896, and the following results cover
the period to June 30, 1896, being nine and one-third months:
E A R N IN G S F R O M SE P T . 2 0 , 1 8 3 5 , TO J U N E 3 0 , 1 3 9 3 .
Interest on bonds . . . ___ $27,800
T a x es.................................. 1,019
Total ..................
$29,419
Balauce, def. for year___ $5,844
G E N E R A L B A L A N C E SH E ET J U N E 30, 1896.
8took....................
$1,250,000
Cost of road.......... $1,770,227
Cost of equipment.........
331,942 Funded debt ... ..........
750,oOO
67,913
Supplies on band..........
915 Bills payable................
46,831
Mortgage .....................
2,090 accounts pa ya b le........
Open a ccou n ts....
529
Cash on band. ...........
3,195
Profit and loss deficit..
5,846
Net earnings................ $23,575
Total........................ $2,114,744
-V . 61, p. 558.
Balance, surplus, for year...........
2 5 6 ,5 2 4
1 1 3 5 ,4 2 1
Gross earning*...$52,815 $44,117 | In terest............ $16,503 $12,000
Operating expen. 41,530 28,436 Taxes
............ 1.384
245
Yonkers Railroad.
( Earnings fo r year ending June 3 0 ,1 8 9 6 .)
Gross earnings. .............. $73,533
Operating expenses......... 49,931
Total..........................................
In terest..........................................
Taxes and rents ............................
Dividends.......................................
Total........................ $2,114,744
Total net......... $12,442 $16,740]
G E N E R A L B A L A N C E S H E E T JU N E 3 0 , 1 8 9 6 .
Cost of road..................... $5 i0,000
Other permanent invest. 250.000
Additions and betterin'ts
11,692
Supplies on hand _____
2,866
Open accounts.... .........
1,123
Cash on hand..............
374
Profit and loss, deficit...
738
Total
GENERAL
$ 8 1 6 ,7 9 3
Stock ............
Fuuded debt.
Bills payable
Siiadries ......
Total
IN V E S T M E N T
$ 100,000
406,000
4,22$
12,570
$816,793-
NEW S.
Reorganizations, Etc. -L a test D xta as to Defaults, Reor
ganization Plans, Payment o f Overdue Coupons, E tc .— A.11
'acts of this na'ure appearing since the publication of the list
issues of the I n v e sto r s ’ and St r e e t R a i l w a y S u p p l e m e n t s
may be readily found oy means of tne following index. This
index does not include matter m to-day’s C h r o n ic l e .
For some minor companies see also index in C h r o n ic l e
of September 12, page 457.
R m l r o a d s a n d M is c e l . C o ’s.
V o lu m e 6 3 —
Page
A m e r ic * n W a ‘.er W o r k s ........... r e o r g . 268
A t l a n t i c & P a c ific .........
f o r e r l 504
B a lt im o r e & O h i o ___ c o u p . 1 5 2 ,1 8 8 , 356
C h e r iw & C h e s t e r ....................... r e o r g . 45s*
C h e s a p e a k e O h io & S o u t h w . . . s o l 1. 188
C h e s t e r & L e n o ir ., .r e o r n ., 227; s a le . 40*
C o lu m b u s H o c k . V . & T o l ___ p l a n . 223
C o lu m b u s S o u t h e r n .................... s a le . 458
D e t r o i t L a n s in g & N o r t h e r n , .s a le . 45s
D u lu t h T r a n s f e r R y ............... r e e v r . 504
D u lu t b & W i n n i p e g . - . . p l a n . 1 8 », 5 M4
G ra n d K ap . & I n a . . p l a n , 1 5 3 ; c o u p . 229
H o u s t o n E . & W . T e x a s .......... p l a n . 2nd
I n d . .fc L a k e M i c h ........d e f . 407; co m . 504
K a n s a s C it y & O m a h a ..............r e o r g . 504
L o u is v ille N . A . & C h ic a g o ., .re c u r. 357
do
do
do
___ c o m . 402
M e m p h is & C h a r le s t o n ........... r e o r g . 310
M u r ra y H i ll B a n k , N . Y ........ r c v r s . 504
N o r fo l k & W e s t e r n -------- c o u p p u r . 189
do
do
.......... la s t a s s e s s . 154
do
do
..................... s o ld . 504
N o r t h e r n P a c i f i c ........................... s o l d . 189
do
d o — la s t a s s e s s . l o i , 358
O gd . & L . C h a m ........c o m . a n d p l a n . 358
do
do
................. — r e o r g . 402
O h io S o u t h e r n .c c u p .4 5 9 : s o l d f o r e c l . 515
R a il r o a d s a n d M is c e l . C o ’ s .
V o lu m e 63—
Page.
O r e g o n Im p . . . d e f a u l t , 155; r e o r g . 19C
O r e g o n K.R. & N a v ig a t io n .......... i a t . 311
O r. 8 b . L . & U t a h N o . p l a n e f f e c t i v e . 3 58
do
do
. c o u p . 515
P e o r i a D e c a t u r & E v a n s v . . . . c o u p . 358
P h ila d e lp h ia & R e a d i n g .. 3 d a s s - s s . 2 * 9
P o r t R o y a l & A u g u s t a ................ s o l d . 407
Q u in c y O m a h a & K . C
. . . . r e o r g . 451
S t. L o u . <fc S a n F r .c o u p ., 155; a s s e s s . 31J
S u m m it B r a n c h R R ___ f o r e c l . s u i t . 359
T e r r e H a u t e & L o g a n s p o r t — c -m . 3 LI
T e r r e H a u t e & P e o . . d e f . 407; c o m . 516
U n io n P a c ifi c ..............
c o u p . 190, 516
do
do
.............. d e f . n s . / . 8 s . 407
W a t k in s t J . B .) L a n d & M o r t.r e cu r . 4 03
St r e e t
V o lu m e 6 3 —
R a il w a y s .
Page.
C h a t t a n o o g a E l e c t r i c . d e f ., r e e v r .
C h ic a g o & S o . S id e R T ..............s o l d .
C o lu m b ia & M d . G m s t . C o — re c u r.
C o lu m b u s (O .) C e n t r a l S t . . . . r e e v r .
D e t r o i t R a il w a y ............ n e o n a m e .
F t . W a y n e C o n s o l. S t. R y . . r e e v r .
H o u s t o n B e lt & M a g n o lia P k ,.s o -d .
K in g s C o u n t y E l. ( B ’ k l y n ) . . .r e e v r .
M e t r o p o lit a n W . S. E l. i C h ’g o ) . c o n p .
S t illw a t e r (M in n .) St. R v .......... s a le .
401
504
4 58
402
402
4 58
4 58
403
310
516
Astoria & Columbia River Rti.— Mortgage fo r $8,000,000
Filed.— This company has filed a mortgage ro the Central
Trust Company as trustee to Becure $8,000,000 of 100year b mds, issuable at $40,000 per mile on the road as
built and proj c e d from Astoria to Portland, Ore., via Goble,
with lines to Flavel and Tillamook Bay. This company,
whose President is A , B. Hammond, in March, 1895, pur
chased the Sea Shore RR,, extending from Astoria to Sea
Side, Ore,, 17% miles, and now proposes to build extemions.
Baltim ore « Ohio R R .— Coupon Payments Oat. 1— As to the
October interest, amounting to $185,55'), Receiver Coven is
quoted as saying that the whnp sum vill be paid as follows :
$•->4,190 for 4 per cent loan of 1853 at the office of the Treasurer
in Baltimore; $90,000 6 per cent Parkersbu g Branch loan of
1879 at office of J. P. Morgan & Co., Hew York, and $261,359
4% per cent Philadelphia Branch loan of 1883 at office o f
| Brown, Snipley & Co , London.
Receivers' Certificates.— The reports of the receivers are said
' to show tnat of the §4,000,000 received from the sale of receiv-
S bptembeb 36, 1S96,]
THE CHRONICLE,
ere’ certificates, series No. 1, there was expended during June
$3 398,703, 1 aving a balance o f $1,611,397 on hand at the end
o f the month. During July a further exoenditure of $935,394
was made, leaving a balance of $876,093 at the beginning of
August.—Y. 63, p. 356.
B rooklyn & B righton Beach R R .— N ew P r e s i d e n t .— Col.
E L Langford has been elected President in place of Gen.
James Jourdan.—V . 63, p. 368.
Charleston tk Western C arolina R a ilw a y —P ort R oy al &
W estern C a rolin a—Port Royal A Augusta .— N ew C o m
p a n y —The Charleston & Western Carolina Railway Co. has
b^en organized with the follow ing board of directors : J. B.
Cleveland, Samuel Thomas, Thomas F. Rvan, Henry Craw
ford, W A. C. Ewen, J. O. C. Fleming, D. A. P. Jordan, J.
A . Brock. Avery Patton and J. P. Doughty. The follow ing
are the officers : J. B. Cleveland, P residen t: Henry Crawford
and W . A . C. EweD, Vice-Presidents ; A . C. Jopling, Secre
tary. The new com pany will assume possession on October 1
o f the Port Royal & Western Carolina and the Port Royal &
Augusta, sold under foreclosure. The capitalization will be
$1,300,000 com m on stock, first mortgage fives at $3,000 a mile,
and incom e bonds at $7,000 a m ile.—V. 63, p. 155, 407.
Chicago Gas— Ogden Gas—Hyde Park— Mntnal Fuel—
U n iversal.— Litigation.—The Chicago Gas suit now being
heard has reference to the payment o f dividends on the Fidel
ity Trust certificates, which was interdicted by an injunction.
The mandamus proceedings to compel the Secretary of State
to issue a certificate o f consolidation, so that the plan for con
solidating the companies can be carried out, will com e up, it
is said, next month.
R e la t io n o f C o m p a n ie s . —The Chicago “ Economist” sa y s :
"Work on tbe plant o f the Ogden Gas C om oauy (s progressing steadily.
T he com pany now has to miles o f m il ns laid, and the work on tbe gas
plant it well under way. More than SSUO.OOO has already been
expended- It Is believed that the oom p in y will be ready to furnish
ras som e time during the com in g w inttr, and January 1 is now set as
the p robable date
It Is evident that there Is a com plete understanding between the old
gas com panies and tbe Hyde Park. Mutual Pael and the Universal.
T h e U oiversal now has Its plant, which will b e the largest single plant
4n t e world and which wilt have a capacity alm ost equal to the
e n t i r e output o f the Chicago gas com oanles, alm ost com plete 1. The
plant will be ready to start (Ires next m onth, but praetloaity no mains
h a v e been laid and there is apparently no intention o f laying but a
•mall amount. It Is evident som e understanding exists for toe sale nf
t h e product o f the Universal plant, and Ulere seems to be every llkell
hood that It will supply not only the Matual Pnel Company but also
a large part o f the gas needed by the C hicago gas oo npaules.—V. 62,
p . 987.
Chicago Great Western Ry.— Additional Stock to be Listed.
— On the New York Stock Exchange permission has been
given to list $817,835 additional com m on stock and $45,000
additional preferred stock “ B ," upon receipt o f an official
notice that said stock has been issued in exchange for ou t
standing stock and bonds o f the Chicago St. Paul & Kansas
City Ry.— V. 63, p. 399.
C hicago A Northern P acific R R .—D a t e F ix e il fo r S a le .—
The date for the foreclosure sate has been fixed for Nov 17.
T b e decree was entered last June. The plan o f reorganiza
tion will be announced some time before the sale.— V. 63,
p . 188.
Cleveland C incinnati C hicago A St. L on ls Ry.— C a ir o
Division Bonds f o r $337,000 L isted , — All litigation against
tbe receivership o f the Cairo Division W . S. L. & P. Ry. hav
ing been term ina'ed, there have been listed on the New York
Stock Exchange $337,000 o f the C. C. C & St. L. Ry. Cairo
Division first mortgage gold bonds, completing the total issue
o f $5,000,000 o f said bonds. See V. 63, p. 458.
C olorado Midland R R .— R e o r g a n iz a t io n S ta t u s .—There is,
apparently, nothing doing towards formulating a plan for
the reorganization o f tbe Colorado Midland. Th* Leadville
strike, which has continued since June last, is affecting ad
versely the earnings. The interest due July 1 on Aspen Short
Line and Busk Tunnel bonds is still in default.—V . 63, p. 39.
O ln m h n s A M ocking Coal A I r o n .—R e o r g a n iz a t io n .—
A s s e s s m e n t .—The holders o f trust receipts for the com m on
and preferred stock are notified that the second instalm-m'
■'ll a share) is due and payable at the Farmers’ Loan & Trust
Comp m y. Stockholders who have not yet deposited their
stock may do so on payment o f the first and second instal
ments, aggregating $150 a share, on or before Oat. 10, after
which tbe stock w ill be received only upon the payment of
such penalty as the committee may prescribe. About 75 per
cent o f the stock has paid the first assessment. Mr D iv id A .
Boody has been added to the committee in place o f Mr. John
Bloodgood, deceased. The other members o f the committee
are Messrs F. B. K »ecb, 73 Broadway; D. N, Crouse, Utica,
and F. T. Redwood. Baltimore. A circular sent out in June
last regarding the need for the as-Mssiment says in part:
T h e p r o p e r t y !• A m p le , u e d e r o r d in a r y o a o d lt lo n n . n o t o o l y
**en re
t b e b o n d e d ie d e b t e d u e * # . w h ic h h * e b e e n r e d u c e d t o $ ( 3 0 , 0 0 0 , b u t. In
a d d itio n t h e r e t o , t o jtfr e a T o r y * < ih > tin tia l v a lu e to t h * a*o c k .
H ie
c o a l niKin i U 1 3 . 0 0 0 a c r e * o f la n d a t a r o y a lt y o f to n c e n t s a to n 1*
w ar*;
- o f iii • ir o n ore# t o w n lots* f ir n a o * * .
l i r e * t o c k . m in in g p q u lp r u a n t, I in pro Y e m en =* , tn rlu d ln i? n ^ a r l?
hou «#'*.
Y n n r c o m m i t t e e b I H v e * t h» * a r o o f * an u n i o n sh o u ld
a n d c a n h e e ffe c te d b j w h ic h a «• * l o g o f m o r e th a n 8 2 i.o o o a y e a r In
f l t e d ebanr*** a lo n e w ill h e M a n red
A am «II p a r t r»f th e p r o p e r t y h a s
b r « o )»-».«? I r e c e n t iv a t a m i n i m u m r o y a lt y »f $ 3 2 ^ / 0 a yea r* an d
o th e r l e a # * - a t e p e n d m * . T h e c o m p a n y haa r « c h e d a p o s itio n where
It* fix e d In c o m e j* a lm o s t s n f f l d c n t t o p * y I m fix e d c h * r * e * . teavlocr Its
n e t e * m l o * « f o m Ita o w n o p e r a t io n * h e r e a f t e r to a c c r u e to th e
o f t h e * to e kh o ilie r *.
B u t It m u s t b e p r o v id e d w ith a n a d e q u a te w o r k
ing capital, a n d tn u * t p a y th e Interest, o o It* b o n d * . w bl»*h wi l l accrue
-on July 1 , 1 8 9 6 . T o e(T»’ c t a s a t i s f a c t o r y r e o r g a n is a t io n a n d accom
559
plish the purposes above set forth, it will be necessary to make an
assessment not exceeding *3 a share.
— » v Vl
•vui,oummuu win ue eu^oiea, ana tli©
property of tlio company acquired, must, necessarily depend upon tlia
eiroumstapces as they present themselves. Stockholders depositing
their stock and paying the assessments o tiled for. not exoeedin^ *3
a share, will reoeive common and preferred stock in an amount propornonate to the 9rock deposited, and additional preferred stock of the
reorganized company cq sal io par value to the amount of assessments
so paid by them, upon the completion of the reorganization and the
surrender of their oertifloates of deposit.—V. 63. p. 75
Consolidated Traction Co., Pittsburg.— Syndicate to Take
Preferred Stock at Par.— Members of the underwriting syndi
cate have been called upon to pay par and interest in cash for
a certain amount of the company’s preferred stock. Drexel
& Co. of Philadelphia were unable to sell it at this price,
owing “ to the disturbed financial conditions prevailing
throughout the country during the pa3t six mouths.” —V. 63
p. 1087.
Eckington A Soldiers’ Home Ry.— B elt Ry.— Columbia
A Maryland RR — Rec iver Appointed.— Oa applicuion of
Matthias Ament, of Baltimore, based on elaitns for $640 and
$641 respectively, Judge Cox at Washington on Sapt. 31 ap
pointed W . Kelsey Schoepf receiver of the Eckington & Sol
diers' Home Ry. and the Belt Ry. of Washington, both con
trolled by the Columbia & Maryland, which went into re
ceivers’ hands last week. Under the act of Congress of June
10, 1896, both roads were required to equip their lines with
compressed-air motors, and last Saturday the Distriot Com
missioners ordered suit to be brought against them for failure
to comply with the act within the time specified. Mr. Am ent
refers to this action as another ground for appointment of a
receiver.—V . 63, p. 504.
*
G u lf & Ship Island R R . — Receiver Discharged.— The New
Orleans “ Picayune” says that this road has recently been re
leased from the receivership and is now in the charge of the
Bradford Construction Company, which, as the origiaal con
tractors for building the road, are interested in protecting
their interests. As yet the road has not secured the deep
water outlet wanted at Gulfport, but the road is comoleted to
the pine woods of Mississippi, and large quantities of this
lumber is now being prepared for market. It is the intention
of the company to have it loaded at Gulfport by means of
lighters. An extension from Gulfport to Ship Island is said
to be under consideration.— V . 63, p. 357.
Illin o is ste e l Co.— Dividend Passed.— The directors have
voted to pass the September dividend. Dividends were re
sumed in April, 1896, after an intermission of three years,
two quarterly dividends of
per cent each being paid, ore
in April and one in July, 1896
A director is quoted as saying:
“ Since the middle ot June there has been absolute stagnation in the
iron and steel business. The oornpany had numerous orders and con
tracts ahead, bnt In many oases they were oanoeled. orheldiuabeyanoe.
In view of these contracts, it was necessary that the oompauy make
large purchases of raw material, which It dl l, but the cancellation of
orders left it with lar.ro stocks of raw material on baud. The ootnpauy
Is In good financial cou lltlou. rt has over $1,000,01)0 oash on hand
and its raw material will more thin pay all its debts; bur, In view of
the poor business the last three or four months and the present dis
turbed financial situation, it was not o msidered wise to pay a divi
dend However, prospects are very good for the future. Within the
last week more Inquiries have been reoeived aud more orders plaood
than during the last four months ’’ —V. 62, p. 1036.
Kansas P ittsb u rg A G ulf R R .— Listing.— On the Philadel
phia Stock Exchange there has been listed $350,009 additional
first mortgage gol l 5s, making the total amount listed to date
$13.091,000.— V. 63. p. 458.
Lake E rie A Western R R .—$500,000 Bonds L isted.—On
tbe New York Stock Exchange have been listed $500,000
second mortgage bonds sold to pay for air brakes and vertical
couplers. Of the second mortgage os the total amount listed
to date is $3.600,000.— V. 63, p. 836.
Lehigh Valley R R .— Depew & Tonuoinda RR, nearly com
pleted.—On October 15 the company expects to begin regular
trais . -rvice over ita new Depew branch.
This line is
about ten miles long and extends from the main line at Dapew, near Buffalo, to a point on the New York Central line
near North Tonawanda; it is now practically built, and alt
that is required is the ballasting of the track. Tnis branch
will do away with running trainsover several miles of the New
York Central's tracks and will also give means for operating
a local service between Buffalo and Suspension Bridge.—
Railroad Gazette. This new line wa3 mentioned in Y . 63, p.
135 and V. 61, p. 1107.— V. 63, p. 403.
L ou isville New Albany & Chicago Ry.— Default on
Bonds.— Default will be made Oct. I oa the consolidated
mortgage bonds and on Nov. I on the generals. It is under
stood that shortly after the default Oat. 1 the bondholders’
committee will announce a plan of reorganization that will
meet the acc-ptauce of all the security holders aud will place
the oompany iu a stronger financial position than it has had
in many years.— V . 68, p. 500.
Mexican International R y.— F ifty Mile Extension.— This
company has completed a branch 50 miles in length, extend
ing from Matamoras to Tlahualilo. Mexico. The rout was
formally opened on the 331 i> st., and will give radr i*,i faoililies io the cotton region of Tlahualilo.— Y, 63, p, 909.
Mexican National R R .— Mexican
National Ry. Limited.
— Readjustment.— The Mexican National Railway Co. l i m
ited Uas oeen registered in London with a capital of 1,34,530
to carry out the piau described iu the CilRoxiOLit of iuue 30,
1898, pj 1139, for combining the interests of the Mexican Na-
560
THE CHRONICLE.
tional RR. second mortgage series A and B bonds. Directors:
H . W . Smithers, F. G. Danbury. H . J. Cbinnery, W . Brander
and J. M. McDonald.— Y . 03, p. 358.
Milwaukee Racine & Kenosha Electric Ry. Co.— Mortgage
Hied..— This company lias filed a mortgage to the Savings &
Trust Co. of Cleveland, as trustee, to secure >300,000 of 6 per
cent gold bonds to meet the cost of construction. The new
line is projected from Milwaukee to Racine and subsequently
to Kenosha, a distance of 35 miles. The Milwaukee Electric
Ry. & Light Co., it is said, will build a connection between
Cudahy and South Milwaukee, a distance of three miles, and
will permit its tracks to be used by the new company from
South Milwaukee to the City Mall at Milwaukee.
Missouri Pacific Ry.— Earnings fo r H alf- Yeai— The “ W all
Street Journal” prints the following statement showing the
earnings of the Missouri Pacific Ry. and branches, exclusive
of the Iron Mountain, for the first half of 1896:
Six mos. end. June 30—
1896.
1895.
Changes.
Gross earnings....................$5,212,964
$5,121,220
Inc. $91,744
Operating expenses.......... 4,538,118 4,277,374
Inc. 260,744
[Y o u LXI11,
Northern first mortgage 7 per cent bonds and consolidated
mortgage 5 per cent bonds, together with interest at 6 per
cent while payment was in default, was paid Sept. 23 at the
office of the Union Trust Co., No. 80 Broadway, New York
City, or at No. 93 Ames Building, Boston.— Y . 63, p. 515.
Peoria & St. Louis R R . —Mortgage fo r $1,100,000 Filed.—
This company has filed a mortgage to the Knickerbocker
Trust Co. and Robert Maclay, as trustee, securing *1,100,000
of 5 per cent forty-year §100 gold bonds, issuable at $20,000 oer
mile. The company was incorporated at Springfield, 111.,
July 24, aud is now constructing a line fro-n Springfield to
Peoria, 50 miles. The President is L. H . Thomas, of fhotnasville. 111.
Philadelphia & Reading RR.— Sold in hnreclosure. —A t
Philadelphia, Sept. 23, the properly of the Philadelphia &
Reading RR. and the Philadelphia & Reading Coal & Iron
companies, covered by the general mortgage of 1838, was
sold in foreclosure and all their other assets at receivers’ sale,
and purchased for the reorganization committee by C. H
Coster, of J. P. Morgan & Co., and Franois Lynde Stetson,
N et................................ $674,846
$843,846
Deo. $169,000 the only bidders, for sums aggregating for the entire estate
For the year ending June 30,1896, the gross earnings on the §30,500,000.
The property not covered by the general mortgage was of
above-mentioned mileage are given as $11,545,629; net, $1,930,391; net, including “ other income,” $3,664,706. Deduct fered in three parcels, and then as a whole, and sold to Messrs.
ing fixed charges, §4.042,205, leaves a deficit for the six Coster and Stetson for §4,500,000. The first parcel consisted
months (the poorest of the year) of §1,377,498. The fixed of securities aggregating §15,584,500 owned by the railroad
charges include: Interest on funded debt accrued, §3,104,608; company and deposited as collateral security for the $10,000,interest oh interest-bearing current liabilities, $147,870; rents, 000 collateral trust bonds of 1892 and all interest in $7,148,$111,049; taxes, §659,775; other deductions, §18,900.— V . 62, 000 collateral trust bonds themselves which are pledged for
leans. This parcel was sold for $3,000,000, to Messrs. Coster
p. 548.
New Orleans & Southern R R .—Foreclosure Sale Oct. 26.— and Stetson, subject to the right subsequently exercised to
This property is advertised to be sold in foreclosure Oct. 26 sell the three parcels as an entirety. The second parcel
at New Orleans. The sale is to be made free and clear of all embraced stocks and bonds of the Railroad and Coal &
.incumbrances, except the taxes for 1896, and the lease to the Iron companies aggregating §23,239,253 par value and in
New Orleans & Western for the year ending Feb. 1, 1897.— cluding 169,950 shares of the Reading Terminal, pledged as
part security for the §8,500,000 bonds of May 1, 1891, known
V . 63, p. 30.
as terminal bonds, and various bonds largely pledged to se
New York B iscuit.— Dividend Passed.— The examining cure the ten-year sinking fund 5 per cent gold loan and a
committee of the Chicago Stock Exchange in their recent portion of the floating debt., etc. This parcel was sold on the
report (C h r o n ic l e , V . 63, p. 401) made known the fact that same condition for $1,000,000. The third parcel comprised the
the company has outstanding §1,100,000 bills payable. The right, title and interest of the railroad company in and to two
stockholders have now received a circular saying:
certain bonds of the Coal & Iron Company, and also in cer
At a meeting of the directors held to-day, it was unanimously de tain claims against the Coal & Iron Company said bonds
cided that the best interests of the company required the passing of and claims amounting to $68,879,336. This parcel was also sold
the quarterly dividend usually paid Oot. 1. The reasons for this
action are based upon the sound business principles that the liqui conditionally, and brought §100,000. W hen offered as a
dation of the existing indebtedness embodied In the company's bills whole the three parcels were purchased, as already said, by
payable demands our first attention, especially in view of the generally Messrs. Coster and Stetson for $4,500,000, or §400,000 more
unsettled financial and politloal conditions of the country.
The credit of the company is good, its earning power and its pros than the aggregate of their separate bids.
pects were never more satisfactory and the outlook for a continuous
The property covered by the general mortgage was then
profitable career is most encouraging.—V. 63, p 459.
sold in three parcels for sums reaching in the aggre
The first parcel embraced the railroad
fUNew York Central & Hudson River R R .— Quarterly.— gate §16,000,000.
Earnings for the quarter ending Septembei 30 have been re and the leasehold interest in other lines, real estate, the entire
160,000 shares of stock of the Coal & Iron Company (par
ported as follows, the figures for 1896 being partly estimated
3 mos. end.
Cross
Net
First
Dividend Balance, value §50 each), and stocks and bonds aggregating $6,350,468
Sept. 30. earnings, earnings, charges.
paid.
surplus. at par of lines leased or controlled. This parcel hrought §7,’ 96 (est.) - .$11,276,400 $3,676,900 $2,627,900 (1%)$1,000,000 $19,000 500,000. The second parcel comprised the property of the
’ 95 (act.).. 11,600,506 3,854,981 2,630,550 (1%) 1,000,000 224,431 Coal & Iron Company, including coal lands, coal leases, iron
—V. 63, p. 311.
ore lands, furnace properties and other real estate and stocks
Norfolk <s W estern R R — Norfolk & W estern R y.— New of corporations owned. This parcel sold for $7,500,000. The
Company Organized— Official Statement.— On the 24th instant third parcel consisted of the securities pledged as part secur
the purchasers of the railroads and property of the Nor ity for the general mortgage by the Reconstruction Trustees
folk & Western RR. Co sold by foreclosure of the consolidated under the last reorganization. This parcel brought $1,one-bur dred-year mortgage and the Maryland & Washington 000,000.
For a full description of the several parcels,
Division mortgage of the Norfolk & Western RR. Co. and the reference may be made to the advertisement of the fore
first mortgage of the Lynchburg & Durham RR. Co. organ closure sale in the Chronicle of Sept. 19,1896.
ized as a new corporation under the name of Norfolk & W e st
Robert L. Luce for Mrs. Hetty Green formally protested
ern Rail way Company.” Mr. Henry Fink, one of the present against the sales as illegal and subsequemly filed a bill to this
receivers of the Norfolk & Western system, was elected Presi effect in the United States Circuit Court. Notice was also
dent of the new company, which will take possession of the given by the city of Philadelphia that the contract for the
properties at midnight on Sept. 30th instanr. Mr, F. J. K im construction of a subway would have to be carried out by the
ball, formerly President of the company and now one of the purchasers, and that the city, at trustee under the will of
receivers, will become the chairman of the board of directors Stephen Girard, would not consent to the immediate transfer
of the new company. The names of the permanent members of Girard coal lands which are leased to the Reading. Thomas
of the new board of directors will be announced snortly. The H. Walker, trustee under a mortgage givea by the Coal &
board of directors of the new company will consist principal Iron Company for §158,000 for the Hartman, Mayer, Big
ly of New York men and the meetings of the board will be Sehall and Reed coal tracts, read a notice ot' the priority of
held in New York, at which place the chairman of the board this claim, and a similar notice also on behalf of William D .
will have his office. It is proposed to transfer the accounting Raber, trustee under a $150,000 mortgage given by the Read’
and executive offices of the company from Philadelphia to ing for the Eagle Hill coal tract.
Roanoke as soon as the new office building now in course of
Application to Rave Sale Confirmed, E tc.— The purchasers
construction at Roanoke is completed.— V . 63, p. 504.
at the close of (he proceedings made application to the United
N orthern Pacific R y.—Pend D'Oreille Division Bonds States Circuit Court for confirmation of the sales. In this
Called.— All the outstanding bonds of the Pend D’ Oreille application they state that, inasmuch as they are the purdivision, viz., §324,000, have been called for payment at the ahasers of 160,000 shares of stock of the Coal & Iron Com
Farmers’ Loan & Trust Company, interest ceasiug on Nov. pany, they desire to preserve the corporate existence of that
company. The Court named October 3, at 10 a . m ., as the
25, 1896.— V . 63, p, 515.
date on which it will hear the parties as to the confirmation
Ogdensburg & Lake Champlain R R .— Receiver Applied of the sale
F or.— On request of the bondholders, Attorney General H an
New Company.— The reorganization managers state that
cock has applied for an order for the company to show cause they have not definitely decided all the points regarding the
why a receiver should not he appointed to take charge of the formation of the new company, and are not prepared to say
affairs of the company. The order was granted and is return under what charter it will be organized.
able in Syracuse on Saturday.— V . 63, p. 502.
Assessment.— Last Instalment Called.— The road having
IF Ohio Southern R R .— Date o f Sale, & c — At Lima, O,, Sept. been purchased at foreclosure sale by the reorganization man
18, E. P. Graffe was appointed receiver of the Ohio Southern agers, all holders of first, second and third preference income
Road, vice J. R. Megrue, resigned. Mr. N. B, Matthews re bonds, deferred income bonds and stock of the company are
mains as co-receiver. The foreclosure sale has been fixed for notified that the fourth and final instalment, being $50 per
$1,000 bond on first, second and third preference income
Nov, 7.— V . 63, p. 515.
Oregon Short Line & Utah Northern Ry. — Union Pa bonds, §2 50 per share on stock, and §10 per §1,000 bond on
cific KR.— Coupon Payments.— The coupons of the Utah & deferred income bonds, is called and payable not later than
S sptsmbek 26, 1S96.J
THE CHRONICLE.
Oct. 9 at the office of J. P. Morgan & Co. o f New York,
Drexel & Co. of Philadelphia or J. S. Morgan & Co. of Lon
don.—V. 63, p. -402.
Rich mom! N ich ola -v ille Irv in e & Beatty vllle R R .—fo r e
closure S a le Oct. 10 .—This property will be offered at public
auction in Versailles, K y ., Oot. 10th, by order o f the United
States Circuit Court, to foreclose a mortgage o f which the
Central Tiu.-t Company of New Y ork is trustee. This is the
second attempt to sell the road. The upset price has been re
duced from |500,COO to $250,000. The road extends from
Versailles to Irvine, in Estill County, a distance o f 61 miles,
and the grading is said to have been completed for an exten
sion to Beattyville, 20 miles further, in the coal region.
Reorganization.— A press despatch says that H. V . Loving,
Alex. P. Humphrey and St. John Boyle, as a com m ittee, have
drawn up a plan of reorganization, which has been generally
agreed to by the bondholders and sanctioned by D. Shannahan & Co., the Sheffler Bridge Company and the Richmond
& Irvine Construction Company. It is proposed to assess the
lien holders proportionately anil buy in the road. The bond
holders w ill be cared for by an issue o f 5 per cent first mort
gage bonds, to be apportion! d at 90 cents for every dollar of
bonds exchanged.— V, 63, p. 357.
Rio Grande Western Ry.— Sevier Branch.—The company,
it is stated, has added 36 miles this summer to its Sevier Val
ley branch, its terminus being now below Sevier aad wi-hia
12 miles o f Marysville.—V . 62, p. 415.
Southern P acific RR. o f C a liforn ia .— F ir s t 'C o n s o le f o r
$1,568,000 Listed.— The com pany states to the Stock Ex
change that it is entitled to issue under its mortgage o f Sept,
15, 1893, bonds as follow s: Under Clause Second (provi ting
for the issuance o f bonds at $30,000 per mile on extensions),
on account o f 67 miles of railroad from Santa Margarita to a
int south of the Santa Yn*z River, in addition to $507,000
nds heretofore listed, $1,515.810; under Clause Third (pro
viding for the issuance of bonds at $22,500 per mile on branch)
on account of four branches aggregating 46 miles and 136
miles previously certified to. in addition to bonds heretofore
listed, $1,027,772: under Clause Fifth, an amount equal to
$599,600 for expenditures on the line between Santa Margar
ita and El wood, over and above $80,000 per mile, such amount
being within the limit referred to in said Clause Fifth of
$7,500 per mile o f completed road for heavy grading, masonry
and other extra work : under Clause Founh for double-track
ing line between L-'* Angeles and Shorb (5-54 miles), $146,145;
rolling stock, $533,945 ; terminal facilities (lands in Mission
Bay, San Francisco), $250,000. The total bonds so issuable i*,
therefore, $4.( i72,872, o f which there wat listed this week
$1 ,568,000, being first consolidated mortgage guaranteed
five per cent gold bonds, making total listed to date $19,402.000. An abstract of the mortgage securing this loin was
in V. 57, p. 104.— V. 63, p. 25, 81.
Stinbnry & Lew istown K R .— P la n A d o p t e d .— At Philadel
phia on Tuesdav the stockholders unanimously voted to adopt
the plan mentioned last week (page 516) to merge th it road
with the Mifflin f t Centre Co. RR. and to isaue $1,200,000 of
new stock to take up the S. & L. old stock, etc.—V , 63, p. 516.
Tennessee Coal. Iron * R It. — C o m m o n Stock f o r $150,000
L is t e d . —On the New York Stock Exchange has been listed
$150,000 coram m stock issu-d to effect an increase in “ the
w orking capital o f the com pany, made necessary by the
large expanse o f its coal, coke, limestone, ore and pig iron
productions.” The total com m on stock listed to date is
$30,000.000.— V . 63, p. 31.
Terre H int •& Lnransport RR.— Bondholrters’ Committee.
A t a meeting o f the first mortgage bondholders held on the
23d instant at th* offices o f the New York S“curity & Trmt
Co., a majority o f the bonds were represen ed. and named
the follow ing protective committee : Messrs. M. L. Scu Ider,
Chss. E. Jackson and Henry B, E ly.—V . 63, p, 311.
T erre Haute & P eoria ItR. — D e v t i t s o f B o n d s . - P o w e r s
o f C o m m itte e . — The com m ittee recantly form ed his is-u > da
printed agreement {under which the binds are to 'to deoosited
with the New York Security & Trust Co. o f New York, or
Drexel ft Co.. Philadelphia.
The oomm ittee will lie em
powered to proceed against the T. H. & P. or the gu iraotor
com pany, or both, whenever hol ler* o f $750,000 b mds shall
have signed the agreement. To meet the expenses of fore
closure or other action, the committee is authorized to borrow
not exceeding $15 per h ind deposited. See advertisement in
another colum n. —V. 63, p. 516.
Third Avenae RR.—$1,000,000 S to c k L is te d . —The $1,000,000
additional capital stock recently r tfert-d at par to the stock
holders has been authorized to be listed on the New York Ex
change on Oct. 26 This will make a total of $10,000,000 of
stock listed.— V. 63, p. 459.
Union P acific Ry.—Coupon Payments. —U nim Pacific
Railroad Company f i r s t mortgage coupons due Jan 1. 1*96.
$30 each, with interest accrued thereon ($t 32). are adveit'sed
to be paid at the office of the Union Trust C o., N“ w Y or t
City, or at the office o f the receiver*. No. 93 Ames Building,
Boston, on and after yrsferday.
Coupons fiu- Jan 1. 1896. of the Union P .cific Rv c o lla ter a l
t r u s t fi v e p e r c en t bonds y >f 1883 are advertised payable on aad
after Sept, 24. 1896. at the office of the New England Trust
Company. 34 Devonshire Street, B x to n . Mass.— V. 63, p. 516.IV
I V gar ether laveecmeat Iteate see save 563.
561
d e p a r t s a n d J lc r c u w e u t s .
CLEVELAND C I N C I N N A T I C H I C A G O &
ST. LOUIS R A I L W A Y C O M P A N Y .
SE V E N TH
A N N U A L REPORT— FOR TH E
EN D IN G JU N E 30, 1896.
YEAR
To the Stockholders:
For the tlscal year ending June 30, 1896, the gross
earnings o l the C. C. C. J: St. L. Ry. Co. proper have
been..................................................... - ..............................$13,704,531 74
Operating expenses, Including ta x e s.............................. 10,293,703 30
Net earnings........................................... ............................
Interest and rentals.............................................................
3,410,83144
2,814,509 71
Leaving a balance to credit of income of........ ................
Add suudry balances of aooonnts......................................
568,321 73
7,792 90
Deducting from this dividends on preferred stock at
the rate of 5 per cent— ..................................................
500,000 00
Leaves a balance o f ..............................................................
Which, carried forward to the oredit of the income
account of the previous year..........................................
171,439 78
Makes a balance o f .............................................................
245.554 41
574,114 63
74,114 63
The mileage of main track from which these earnings
were derived has been 1,838-11 miles, a decrease of 14'3
miles, due to the cancellation bv this Company of the track
age arrangements over the Lake Erie & Western Railway
between Cambridge and Newcastle.
There has been, how
ever. an inSrease of sidings of 14-13 miles, built at various
stations along the line.
The Mt. Gilead Short Line (2 miles in length), operated by
this Company, earned, gross, $4,877 92, an increase of $446 43
over the previous y e a r ; the operating expenses were
$4,175 90, showing a profit for the year of $702 02, against
$629 30 for the previous year.
The Kankakee & Seneca Railroad (42-08 miles in length),
operated jointly for account of this Company and the Chi
cago Rock Island it Pacific Railway, earned, gross, $86,953 90; operating expenses were $70,834 56; net earnings,
$16,119 34, against $11,222 04 last year.
The Peoria & Eastern Railway, from Springfield, O., to
Peoria, III. (352 miles in length), earned, gross, $1,902,324 73;
operating expenses, $1,444,424 90; net earnings, $457,899 83;
fixed charges, $441,620; surplus, $16,279 83, against $22,317 69
last year. •
The above lines make a total mileage of track on all the
system operated and controlled by this Company, including
double track and sidings, of 3,137-13 miles. The total gross
earnings of the entire system have been $15,698,691 29, an
increase of $174,362 0 1 ; net earnings, $3,885,552 63, an in
crease of $38,805 10 over the previous year.
The results for the year are not so encouraging as we had
hoped for at the commencement.
During the first six
months of the year our earnings showed quite an increase,
although the competition between railways was sharp and
rates were low. During the last six months, when rates
have been better maintained, our business decreased, chiefly
from three causes: W e had but very little wheat upon our
lines, and this affected local earnings ; the financial troubles
of the country closed up, to a very great extent, the local
manufactories upon our line, and this also largely decreased
our local traffic; and from St. Louis eastward we have been
subjected to a very severe competition from railways not in
the Joint Traffic Association, and our business upon that
portion of the system lias been seriously affected.
Our rate per ton per mile lias fallen slightly, owing to a
larger increase of through business than of local.
Notwith
standing the decrease in rate, however, our earnings per
freight train mile have increased from $1 45 to $1 54, which
is -.vty creditable to the trans]iortation department. Our
passenger train earnings have increased from 95 cents per
mile run to $1 01, which is very gratifying, considering the
competition to which we have been subjected.
W e have purchased during the year and charged to ex
penses 6 new locomotives and 200 freight cars, and have
built at our shops 127 freight cars and 2 coaches. W e have
also charged to repairs of freight cars $116,061 76, against
which we intended to purchase new freight cars to mako
good old ones destroyed, but owing to the depressed condi
tion of the times it was thought wise to postpone this, and
therefore this amount is carried as a liability and can be used
hereafter.
Notwithstanding these charges we show a de
crease o f about 5 per cent in the cost of maintaining our equip
ment.
The maintenance of way shows an increase of 6 per
cent, owing to large charges for renewals of rails and ties
and rebuilding of bridges. W e have laid 12,156 tons of new
steel rails, 8.460 tons of which were 80 pounds to the yard,
and 3,696 tons, 67 pounds to the yard ; 111 miles of track
altogether. W e have put into the track in renewals 728,000
ties, and liave distributed and put under the track 257,000
yards of ballast, or 145 miles.
The property has been main
tained in its previous excellent physical condition.
There has been an increase in insurance and taxes, owing
to higher rates and re-valuations.
There has been charged during the year to construction,
for improvements at Riverside (near Cincinnati), $47,972 76;
for improvements at Columbus, O., $45,059 2 5 ; for a portion
562
THE CHRONICLE
[Y o u L X III,
LIABILITIES.
of the cost of Wabash shops, $38,348 95 ; for improvements at
Alton, $13,410 36 ; for new warehouse at Benton Harbor,
1895.
Inc. or Dec.
1896.
$11,797 00 ; for new sidings at various points along the line,
$
$
t
Capital
Stock,
Common...............
27,987,335
27,987,335
$44,495 86. Other than this all additions and improvements
Capital Stock, Preferred..............10,000,000 10, 000,000
have been charged to operating expenses.
GCap. Stk., C. S.& C. Pref.and Scrip
429,997
428,997
The interchange of business for the past fiscal year with I. C. & L. RR Mort. Bonds of 1867 379,000
379.000
C.
L.
&
O.
RR.
1st
Mort.
Bonds...
792,000
792.000
the Lake Shore & Michigan Southern Railway and the
C. I. St. L. & C. Ry. First Consoli
Chesapeake & Ohio Railway, our two principal eastern con
dated Mort. 6 per cent Bonds..
D. 7,000
724,000
717,000
nections, compared with the year previous, has been as C. I. St. L. & C. Ry. General 1st
Mort.
4
per
cent
Bonds.............
7,755,000
7.685.000
D. 70,000
follow s:
88,000
7 3 / 00
D. 15,000
,---------- PASSENGERS.----------- , B. * I. RR. First Mort, Bonds__
R e c e iv e d f rom ,
D e l i v e r e d t o . R e c e i v e d f r o m ..
C. C. C. & I. Ry. 1st M. S. F. Bonds 3,000,000
£
Delivered to.
3.000.
000
1895. 1896.
1895. 1896.
1895. 189«.
1895.
1896.
C. C. O. & 1. Ry. 1st Con. M. Bonds 4,158,000
4.158.000
L. S. & M. 8. .1,2( 3,003 1,061.092 885,299 389,036 34,128 40,801 32,661 39.558 C. C. C.& I.Ry.Gen.Con. M. Bonds 3,205,000
3.205.000
9,628 I0,0i8 16,522 15,625 I. & St. L, RR. First Mort. Ronds 2,000,000
C. & 0 . . . ...... 408,448 570,770 031,751 732,175
2.000.
000
The extension of this Company’s trackage into Louisville, I. & St, L. Ry. First Mart. Bonds.
500,000
500.000
C.
&
8.
Ry.
First
Mort.
Bonds___
2,000.000
2
,
000,000
as mentioned in our report of last year, was opened for passen
C. & S. Ry. Second Mort Bonds..
125,000
125.000
ger traffic in August, 1895, and for freight in January last. C. C. C. & St. L. Ry. (C. V. & C.
The earnings have been kept separately and so far the re
Ry.) First Mort. Bonds............. 5,000,000
5.000.
000
2.571.000
sults from the operations of that line have exceeded our C. S. & C. RR. 1st Con. M. Bonds. 2,571,000
Col. Spg. <fe Cin. EE. 1st M. Bonds ...............
78,000
I. 78,000
expectations.
C. C. C. & St, L. Ry. (Spring. &
The balance sheet of the Company will exhibit to you in
Col. Div.) 1st Mort. Bonds........ 1,103,730
1,103,730
full its financial condition. To meet the bills payable, the C. C. C. & St, L. Ry. (W. W. Val.
Div.) Mortgage Bonds...............
650,000
650.000
Company has in its treasury unsold over $2,000,000 of its gen
C. C. C. & St. L. Ry. (St. L. Div.)
eral mortgage bonds to which it is entitled on account of the
1st Collat. Trust M. Bonds....... 10,000,000 10,000,000
payment of equipment notes and the acquirement of new C. C. C. & St. L. By. (C. W. & M.
4.000.
000
By. Div.) Mortgage Bonds....... 4,000,000
property.
I. 1,000,000
C. C.& St. L. Ry.Gen. M. Bonds, 5,000,000
6.000.
000
On the first of January the Joint Traffic Association, com C.
Bonds drawn for Redemption
posed of the principal railways between the seaboard an'd
D. 5,000
650
and Unredeemed.........................
5,650
I. 788,000
791,425
3,425
the Mississippi River, and north of the Ohio River, was Bills Payable..................................
D.
393,914
^Equipment
Notes........................
1,132,216
*738,301
organized for the purpose of the better maintenance of rail Bills Audited (including June
way tariffs. This Company became a party to the same,
D.
91,888
Pay-rolls).................................
2,197,445
2,105,556
D. 573
395,565
396,139
and while, owing to the excessive competition of railways Accrued Int. on Bonds not due...
D.
6,253
493,045
499,298
running east from St. Louis, not parties to that agreement, Coupons Unpaid............................
I. 397
'-Dividends Unpaid.......................
131,071
*131,468
it has not received the full benefit which it otherwise would, American Express Co. Advances ...............
680.000
I. 680,000
yet the general results have been favorable, and if properly Bal. to Credit of Income A cot___
I. 74,114
245,554
171,439
supported by the railway companies composing the same, it
Total..........................................96,003,748
98,034,631
1.2,030,882
will prove of inestimable benefit in the future. I f we can
once unite to obtain our published tariffs and give the public
5. For details see below. 6. Assumed in purchase. 7*. Monthly
reasonable rates, we shall soon create a public opinion in our payments due in fiscal years ending June 30, as follow s; 1897—
$362,32124;
1898— $141,680 38 ; 1899 — $78,099 96; 1900—$78,favor so strong that no railway of prominence can remain
099 96; 1901—$78,100 28. 8*. See note 4.
outside of it as a disturber.
A t the writing of this report large crops upon this comCAPITAL STOCK AUTHORIZED AND ISSUED.
’s lines seem fully assured, and were it not for the
The amount o f Capital Stock authorized by stockholders is :
cial disturbances which have destroyed local business,
consolidation of C. C. C. & I., I. & St. L. and C. I.
we should be very hopeful of the results of the coming year. For
St. L. & C. Rail ways, as per agreement dated March
W h a t they will be depends upon how soon these troubles
27, 1889..................................................................................... $20,500,00000
pass away and business resumes its normal proportions. Authorized under Resolution of Stockholders July 7,
1890, for sale to holders of common stock..................... 4,500,000 00
W e can largely reduce our expenditures upon equipment Authorized
under Resolutions of Stockholders Oct. 29,
and track, owing to their excellent condition. The cost of
1890, for exchange of C. S. & C. RR. Co. stock............... 3,700,000 00
transportation depends largely upon the amount of traffic.
Total authorized............................................ .............$28,700,000 00
Your careful attention is called to the attached statements
of the Auditor, as it is believed that they will give a full
Capital Stock issued:
_______
and complete history of the operations of the Company for On account of consolidation.................................................... $20,500,000 00
On account of sale to stockholders......................................... 3,797,600 00
the past year, and its condition at the close; also to state On account of exchange for C. S. & C. RR.Co. stock—
3,689,735 00
ments showing the mileage and equipment of the Company.
Total
issued...................................................................
$27,987,335
00
The trains of the Company have been operated during the
year with freedom from accident, and the employees of the
Balance unissued, as follows :
Company are hereby given due recognition for their faith Unissued C. S. & C. R R ..................................... $10,265 00
___
Unissued...................
702,400 00— 712,665 00
fulness in the performance of their duties.
A ll of which is respectfully submitted.
$28,700,000 00
B y order of the Board of Directors.
INCOME ACCOUNT; FOR THE YEAR ENDING JUNE 30, 1896
M. E. IN G A L L S , President.
C incinnati , O., August 27, 1896.
F r o m E a r n in g s —
_________
Freight___ ______ . . . . . . ____ ...........$ 8 ,5 7 6 ,6 9 9 86
COMPARATIVE GENERAL BALANCE SHEET JUNE 30, 1895
Passenger................................................ 4’°1 § ’ 3?9 2?
AND JUNE 30, 1896.
E xpress...............
358,467 01
ASSETS.
Rents........................................................
244,527 25
1896
Inc. or Dec.
1895
$
$13,704,534 74
$
Total Earnings................................
lConstruction and Equipment 85,381,784 85,660,868 I. 279,084
10,293,703 30
Less O p e r ’ t ’ g E x p e n s e s , incl’g Taxes
398,221 1). 101,526
General Supplies.......................
499,748
C.O.C.&St. L.Ky.Gen.Mtg. Bonds
........ 1,000,000 I. 1,000,000
$3,410,831 44
N e t E a r n in g s .
328,000
328,000
2C. L. &C. RR. 1st Mort. Bonds...
D e d u c t F ix e d Ch a r g e s —
. _________ _
840,000
2C. L. & C. RR. 2d Mort. Bonds..,
840,000
Interest on Bonds.................................$2,639,862 64
275,000
27^,000
2C. H. & G. RR, 1st Mort. Bonds.
Rentals...................................................
204,647 07
~K. & S. Ry. 1st Mort. B on ds___
325.000
325,000
450,000
2V. G. & R. RR. 1st Mort. Bonds.
450,000
2,844,509 71
T
o
ta
l
F
ix
e
d
C
h
a
r
g
e
s
.
526,000
526,000
SQ. & S. Ry. 2d Mort. Bonds
C. C. C. & St, L. Ry. (Spring.* Col.
$566,321 73
Balance...............................................
6,353
6,353
Div.) 1st Mort. Bonds__
p.
7,792 90
20,000
20,000
Add Received from Sundry Bals. of Accts.
C.C.C.&I. Ry. 1st Coil.Mtg.BondB.
59,789 I.
7,263
52,526
Muneie Belt R y.............................
$574,114
63
1.
54,578
54,578
Dayton UDion Ry. Advances.......
T otal...................................................
C. O. C. & 8t. I,. (Spring. & Col.
D e d u c t D iv s. o n P r e f ’ d S t o c k , T o w i t ;
230
I.
230
Div.) 4 per cent Mort. Bonds...
No. 25, October 1,1895. l q per cent. $125,000 00
Capital Stock owned in Branck
125,000 00
No. 26, January 1, 1896, 1^ per cent.
975,360
975,360
Lines, etc.....................................
_____
___1,, ____
l __________
125,000 00
No. 27, April
1896,, _1J4 per
eeu t....
Central Trust Co., Trustees Sink
No. 28, July 1,1896, m per cent......
125,000 00
316,646 i.
303,746
12,900
ing Fund under 1st M. St.L.Div.
■Capital Stock Account of Fast
500,000 00
Total,
5
per
cent.
I.
22,074
26,808
4,734
Freight Lines, etc......................
1).
2,883
2,883
Clark's Hill Elevator...................
$74,114
63
Balance.............................................
10,000
10,000
Sloane Property, Sandusky........
171,439 78
893,562
1.007,833 I. 114,270 Balance to Credit of Income June 30, ’95.
Peoria & Eastern Ky., Loan Acct.
16,821
3,657,739
3,640,917 1).
$245,554 41
141,171
493,251 1. 352,080 Balance to Credit of Income Juno 30, ’96.
Cash in Hands of Treasurer
493,045 JD.
6,253
Cash in Banks to pay Coupons... 499,298
131,071
*131,468 1.
397 COMPARATIVE STATEMENT OF EARNINGS, OPERATING EX
*Cash in Banks to pay Dividends
5,200
150 JD.
5,050
Cash in Banks to redeem B’ds, etc.
PENSE3, OPERATING COST AND DEDUCTIONS
12,253 1).
18,554
0,301
Bills Receivable...........................
FROM INCOME.
Accounts Receivable, RR. Co’s
FOR TWELVE MONTHS ENDING JUNE 3 0, 1 8 9 5 AND 1896.
665,853 I. 331,087
334,766
and others, Sundry Balanoes..
179,212 i.
172,260
6,951
Station Agents.....................
1896.
Earnings—
1895.
12,494
144,141 1.
131,646
$8,576,699 86
Freight.___. . . ____________. . . . . . . __ $8,783,929 87
4,035,326
06
.96,003,748 98,034,631 I. 2,030,882 Passenger.............................................
2?
489,514
4b0,627
61 56
1. Tins increase includes $78,000 Col. Spring. &Cin.RR. 1st Mortgage Mail
358,467 01
Express
................
354,689
09
Bonds outstanding, not heretofore charged up; for balance of increase
244,527 25
240,37082
see on page preceding. 2. These bonds are deposited under the C. I. K e n ts ...'.:................................................
St. L. & C. 4. per cent Mortgage. 3. Deposited under C. C. C. & St. L
Total
Earnings.............................
$13,625,027
69
$13,704,534
74
General Moitgage. 4 ‘ . $125,000 Preferred Stock Dividend payable
July 1,1896; balance, $6,468 89, prior Dividends unpaid.
E
THE CHE0N1CLE.
September 28, 1896.j
Conducting Transportation.. . .........
M aintenance o f Equipm ent— - — Maintenance o f Way........................
1895.
$273,541 75
428,929 *39
5,182,400 32
1,788,170 87
1,690,678 31
T otal E x pen se*............................. .
$9,304,035 6-1
Operating Expenses—
G m era l Expenses .............................
Traffic E xpenses............ ......................
1896.
$269,478
473.403
5,078,075
3,708,688
1,789,157
$9,317,801 48
Operating C ost.....................................
08-72%
67-99%
Car Service, P assenger........ .............
Car rerv lce , Freight...........................
§70,4156 09
238,779 43
$56,920 97
*285,263 11
Total Car S ervice........................
loa n ranee.. . . . . . . . . . . — ...................
T axes ............... ...................................
$309,235 57
41,523 21
539,273 77
$342,189 08
51.600 76
582,108 93
T ota l ........................ .....................
$890,032 55
$975,898 82
Total O perating E xpen ses........ . $10,254,068 10
$10,293,703 30
Operating C ost .................................
Net E arning*............................. .
Deduction* fro m Income—*
Interest on B onds. — ........... .........
Rental* ................. .............................
Total Deductions from Incom e. .
75-25%
75-11%
$3,370,959 50
$3,410,831 44
202,546 90
$2,639,882 64
204,647 07
$2,844,708 58
$2,844,509 71
C o m m e r c ia l % x m z s .
%%z
87
So
83
14
79
c
W
m
568
W
^ ^
c
T
a
l
'
e
p
i
't
o
m
e
IF b i d a t N ig h t , Sept. 2 5 , 1896.
T h e g r e a te r c o n fid e n c e w it h w h ic h th e p o litic a l s itu a tio n is
b e in g le g a r d e d is b e c o m in g m o r e a n d m o r e m a n ife s t a n d has
le d to a m a r k e d g a in ia tr a d e a n d a n u p w a rd tu rn to va lu es
in a c u m b e r o f lin es o f m e r c h a n d is e . T h e im p r o v e m e n t in
th e m o n e ta r y s itu a tio n , as a r e s u lt o f th e g o ld im p o r ts, has
a lso h a d a d e c id e d ly fa v o r a b le in flu e n c e , a n d desp ite
th e
fa c t
th a t th e
Bank
of
E n g la n d
fu r t h e r
ad
v a n c e d its m in im u m r a te o f d is c o u n t th is w e e k )£ per
c e n t, it is n o t e x p e c t e d th a t th e e fflu x o f g o ld t o th e U n ite d
S ta tes w ill b e c h e c k e d . E u r o p e a n a d v ic e s r e p o r t th a t th e
s itu a tio n in T u r k e y is v ie w e d w ith s o m e a la rm , and th e o u t
c o m e is a w a ite d f o r a n x io u s ly . S e rio u s la b o r tr o u b le s h a v e
b een r e p o r te d a m o n g W e s t e r n m in e rs . T h e sp e cu la tio n in
w h e a t fu tu r e s h as b een a tte n d e d w it h s o m e e x c it e m e n t a n d
p r ic e s h a v e a d v a n c e d B harply.
T h e m a r k e t fo r la rd on th e s p o t h a s b een d e c id e d ly h ig h er,,
b u t a t th e a d v a n c e o n ly a lim ite d a m o u n t o f bu sin ess has
beer, tr a n sa cte d . T h e c lo s e w a s fir m a t 4 10c f o r p r im e
I W e s te r n , 3 75c. f o r p r im e C ity a n d 4 4 5 c. f o r r e fin e d f o r th e
! C o n tin e n t. T h e re h as b een n o tr a d in g in th e lo c a l m a rk et f o r
la r d fu tu r e s , b u t a t th e W e s t th ere h a s b een a fa ir ly a c tiv e
a n d h ig h e r m a r k e t o n an a c u v e d e m a n d fr o m “ sh orts” to
c o v e r c o n tr a c t s , s tim u la te d b y a u a d v a n c e in th e p r ic e f o r
s w in e a n d iu s y m p a th y w ith th e rise in th e g r a in m a r k e t .
T h e c lc s e w a s f ir m .
$560,321 73
$526,253 92
B alance to Credit o f Incom e ..........
FR E IG H T AND PASSENGER EARNINGS YEARS ENDING JUNE
30, 1895 AND 1898.
1896.
------------ Year end ing---------—•
Tnc. or Dec.
J u im 3 J , I89S, June SO, 1896.
D .26,192
Tod* o f Freight Carried.
3,829,073
8,598,881
D A I L Y CLOSIN G P B I 0 B S O F L A B D F U T U R E *.
l 8,573,730
Ton* Carried One Mile 1,349,5%t,882 1,358,155,312
Total Freight Revenue. .$8,783,929 87 $3,576,699 88 D,$207,230 01
Bat.
Mon. Tues.
Wed. Ihur.
Frt.
D.
Cents,
020
Av. Receipt- per ton mite Cent*. -051
Cent*, ‘831
September...*................ o. 3‘80
3-85 3-37
3 95
415 1 10
11,502,437
Freight Train Mileage.
8,057.798
5,555,359
P o r k has been in m o d e r a te ly a c tiv e d e m a n d a t s lig h tly
I. $0 09
F 'gbiT nH n Kuril*.per >1.
$145
8154
I. 334,227 ‘ h ig h e r p r ice s, c lo s in g a t $7 75 @ $ 8 25 f o r m ess, $9 50@ $11 50
Pa#«-agera C arried........
5,243,814
.’‘ .578,0-11
1. 20,754.825 f o r f a m ily a n d $7 5 0 (3 $9 50 f o r s h o rt c le a r . O ut m eats h a v e
FasaeOMsra Carried 1 M 184,136,073
204,940.898
Tot. Passenger Revenue #3,735.4! 0 30 $4,033,320 08 I, $249,915 76 b e e n q u iet b u t s te a d ily h e ld , clo s in g at 5J£@ 8c. f o r p ic k le d
A v ,R eceip t-p e r Psa- M. Cent*. 2 0 >5
Cents, 1-989 X). Cents, -086
D.21,399 b e llie s, 1 2 @ 1 0 lb ?, a v e r a g e , 3J| @ 4c. f o r p ic k le d s h ou ld ers andFaaeenger Train Mileage
4.813,673
4,822,276
j fc iq @ I 0 c. f o r p ic k le d h a m s. B t e f has been q u ie t b u t s te a d y ,
r m t S ' i M T H A I a B A B S IS O S IT . It .MILK.
From Pa-.,*ngCTs............
$'7815
$'8368
I. $ 0553 ; c lo s in g at 8 6 (0-88 50 f o r e x tra m ess, $6 5 0 @ $ ? 50 fo r p a c k e t,
0931
1015
1. 0064 87 30(3$8 50 f o r fa m ily a n d $9 50@?L1 5!) fo r e x t r a I n d ia m ess,
From Mail ....................
From E x pro**.................
'0732
*0743
1. ‘0011 i B eef h a m s h a v e b een q u ie t b u t s te a d y at 815 50(3$ 16. T a llo w has
TOt Pa*.Tr.Eanw.p.M .
$ 9498
$10126
I. $-0628 |bet n in d e m a n d a n d la r g e sales w e r e m a d e at S\£c., b - t th e c lo s e
STATEMENT OF GROSS AND NET EARNINGS, F IX E D CHARGES, w a s firm a n d h ig h e r at 3 5-16c, b id a n d 3 j^ c . asked. O I*oste a rin e h a s been in m o d e r a te d e m a n d a n d fir m e r a t 4% c,
AND C A PIT A L STOCK FOR E IG H T YEARS.
O rou K aniingt. ,Vet K am ingt. fa te d Charge*. Capital Stock. L a r d stea rin e has a d v a n c e d , c lo s in g at i%<§4.%0. C o tto n
1 8 8 9 .-$ 1 1 ,4 5 ',9 0 2 6 6 $3,619,923 25 $2,760,823*1 $25,500,000 00 seed o il has b een less a c tiv e b u t s te a d ily h e ld , c lo s in g a t 3 t @
1890 . 12.904,657 90
4,165.476 03 2,724,841 38
30,500,000 00 22c, f o r p r im - c r u d e a n d 2 $ t£ @ 2 4 o. f o r p r im e y e llo w . B u tter
18 91.. 13,134,438 74
3,940,446 53 2.592,709 77
37,277,400 00 ha* b e e n in lim ite d d e m a n d a u d s te a d y , c lo s in g a t ll@ 1 5 J ^ o .
1 8 9 2 .. 13,818,115 00
3,979,573 53 2,570,174 26
38,000,000 00
f o r c r e a m e r y . C h eese has b e e n q u ie t a n d t h e c lo s e w as ea sy at
1893.. 14,060,055 64
3,70-1,269 02 2,6 >2,961 20
38,000,000 00
1 9 9 1 .. 13,034.019 2 7
3,283,545 10
2,7 59 ,1 7 1 9 0
8 8 ,000 ,000 00 7<aS>.( <-. f o r "S tate fiic t o i y . fu ll c re a m . F resh e g g s h a v e b een
1895. 13,625,027 69
3,370,959 5 0 2,814,705 6 8
38,000,000 00 iu d e m a n d a n d firm a t l* 7 @ 1 7 ^ c . f o r c h o ic e W estern .
1 8 9 0 .. 13.794,534 7 4
3,110,831 14 2,8*4,509 71
38,000,000 00 | C o ffe e o f B ra zil g r o w t h has r e c e iv e d a m o d e r a te a m o u n t o f
a tte n tio n , a n d th e c lc s e w a s s te a d y w ith o ffe r in g s lim ite d .
United Sla es Cordage.—Standard Hope A T w in e —New R io N o. 7 w a s q u o t e d a t 1 0 % c. T h e m ild g ra d e s h v e been
Secu-itiM Nearly Ready.—The arearitiea of the Standard in fa ir ly g o o d re q u e st a n d h av e sold at fir m p r ice s, c lo s in g a t
Rope & Twine Co , the successor of the United States Cordage 1 6 ) 4 0 . fo r g o o d C u c u ta a n d 22c. f o r s ta n d a rd J a v a . T h e
Co., are being signed and will be read v for delivery probably sp e cu la tio n in th e m a r k e t f o r c o n tr a c t s ha* b een q u ie t, b u t
in about two weeks. The rate of exchange for old securities b u y in g b y a fe w “ sh o rts” to c o v e r c o n t r a c ls s tim u la te d b y
Is given in the I nvestors’ S upplement, p. 151.—V. 63, p. 3551. ste a d ie r a d v ic e * f r o m p r im a l m a rk ets has re s u lte d in a s lig h t
Weils, Fargo Express—New Contract.—'ibis company is a d v a n c e . T h e d o s e w a s q u ie t b u t s te a d y . T h e fo llo w in g w e r e
reported to faavs made a contract to operate from N .vember 1 fin a l c lo s in g p r i c e s :
over the lint* of the Kansas City Pittsburg & Gulf RR
Western Union.—American Hell Telephone.—Expiration
o f Contract.—The contract o f Nov, 1, 1879, between these two
cotnpani-» covering the use of certain patent* will expire Nov,
1, when oil the patent* embraced m the contract wtllrun out.
Under this contract the Western Uni >n has received from
the American Bell Telephone Co, royalties amounting at one
time a* high as $600,000 per annum, but of late aggregating
less than a quarter o f that amount. It is not thought that
the expiration of the contract « ill lead to any special antagon
ism between the companies,—V , 63, p 115,408.
W h e e lin g * L ike Erie Ry.—Additional $5,000,000 Stock
Listed,—On the New York S-oek Exchange he* been listed
$5,1.00,000 additional common stock, making the total amount
listed $15,000,000. This stock was authorized by the share
holder* July 8, 1886, to pay for additional property, namely,
new eBgines and car* already delivered, steel bridges in
course of construction, additional tra -ks, seven mile*, com
pleted and in use, deck improvements at Huron H irbor,
the work at which point will shortly be contracted for.
‘•When ail the work is completed the properly acquired
»* the equivalent of this new issue of common stock will
represent an actual value of not lea* thau $150,000, or about
$50,000 more than the amount from the proceeds of the stock.
This $50,0(0 will be provided from the current net revenues
of the railway company.’’ The company’s annual report
will be found on another page.—V, 63, p. 500.
—Coupons No. 2, due Oct. 1, on the Atcl ieon Tojrka &
Santa Fe Ry, Co, general mortgage 4 per cent bonds will be
paid on and after that date at the office of the company, 59
Cedar Street, New York,
—The Continental Trust Company has declared a quarterly
dividend c f one and one-half per cent, payable Oct, 10,
Transfer books close Oct, 1; reopen Oct. 12.
— Attention is directed to (he list of bonds advertised in to
day’s i**ue by Messrs. Rtdmord, Kerr & Co. t ..
.
Sept.................lOOoo. Dec........ .......... 8'90u. March.............. 8'90o.
Oct................... 9-400. Jan................... 8-900. A p ril................. S'SOo,
Nov................ 8'90e. Feb................... 8‘90o. May.................. 8'90o.
Raw sugars have had very little call, but i uporters have
been indifferent seller* and prices have held steady, closing at
3 ■, bid for centrifugals 98-degrees test and 2)^0. for musco
vado 39-degrees test. Refined sugars have been quiet but
steady; granulated quoted at 4%c. Teas have had a moderate
call at steady prices. Other staple groceries unchanged,
Kentucky tobacco has bad only a limited call, but prices
have ruled steady; sales 175 hbds. Seed leaf tobacco has
been iu increased demand and steady. Sales for the week
were 1,750 cases, as follows: 500 cases 1895 cron. New Eng
land Havana. 16®25c.; 150 cases 1895 crop, New England
seed leaf, l8@S8c.; 100 cases 1894 crop. New E .gland Hav
ana, 8}4c.; 3(0 cases 1395 crop Zimmers, p t,; 150 cases 1894
crop, Zimmer*. 11@llJ£c.; 150 cases 1893 crop. Wisconsin
Havana, 8(39c.: 150 casts 1895 crop. State Havana. 9@15c.;
150 cases 1893 crop. Pennsylvania seed leaf, 9)^@10)^c„ and
1(10cases 1894 crop.jPennsylvania Havana seed, 1
al*0'
800 bale* Havana at 70c.@$l 10, and 150 bales Sumatra at6Uc.
@$1 85c. in bond.
^
‘ The raarktt for Straits tin has been quiet and prices have
further declined, but the close was at some recovery from
bottom print 3 and steady at 12‘95@l3c. ingot,copp- r bis soldslowly and prices have declined, closiog easy at I0-653>t0'75o.
for Lake, Lead has been quiet and the close was barely
steady at 2-75@3-80c. for domestic. Spelter has advanced
slighilv and the close was steady at 3'55@3‘65c. for domestic.
Pig iron has been quiet and unchanged, closing at $10 25@
$12 50 for domesiic.
,
, „
' .«
Retinni pelrcleum has been advanced, closing at o'Juc. m
bids., 4-Kc. in bulk and 7‘90r. in cases; crudein bbls, has been
nominal; naphtha dull at 7J£c. Crude certificates bays also
advanced, closing steady at. $i 14)g bid. Spirits turpentine
has further advanced and the cl. ee was firm at
20)40 .
Rosins have been in demand ard firmer, closing at $1
tor
c< mmon and good strained. Wool has been iu aemaLdanu
firm. Hops have been quiet but steady.
564
rHE
CHRONICLE.
[Vor.. L X IIli
In addition to above exports, our telegrams to-night also
C O T T O N .
give us the following amounts of cotton on shipboard, not
F r id a y N i g h t , September 25, 1896.
cleared, at the ports named.
W e add similar figures for
T h e Mo v e m en t o p t h e C r o p , as in iioated by our telegrams New York, which are prepared for our special use by Messrs.
from tbe South to-night, is given below. For the week ending Lambert & Barrows, Produce Exchange Building.
this evening the total receipts have reached 251,611 bales,
O N S H IP B O A R D , N O T C L E A R E D F O R —
against 215,183 bales last week and 154,785 bales the previous
Leaping
week, making the total receipts since the 1st of Sept., 1896,
Sept. 25 at—
Great
Other Coast
stock.
Total.
719,838 bales, against 391,560 bales for the same period of
Britain. France. Foreign wise.
1895, showing an increase since Sept. 1,1896, of 418,378 bales.
New Orleans...
5,164
4,930
6,636
1,265
17,995
111,593
9,352 13,770
600
76,035
83,055
Mon.
Wed. Thurs. Fri.
Total. Galveston........ 52,313
Toes.
Sat.
Receipts at—
Savannah........
None. None. 10,000 None.
10,000
63,919
2,300 None. None.
5.500
7,800
41,829
Galveston........ 8,038 19,237 11,748 12,013 9,686 8,959 69,681 Charleston. . . .
10,000
None.
None.
10,000
None.
11,169
1,631
3,641
400
162
698
750
Tex. City, &o.
7.000 None.
3.000
3,000
13.000
13,560
New Orleans... 11,730 16,653 18,880 6,641 7,237 13,697 74,898 New York........
3.000
300
5,700 None.
9,000
73,079
11,000 None.
7.000 None.
18.000
20,193
578
7,922 Other ports__
580
636
M obile.............. 1,259 3,836 1,033
Savannah ........
Brunsw’k, &c.
Charleston.......
Pt. Royal, &c.
Wilmington___
Wasli’ton, &c.
Norfolk.............
West Point.......
N’port N., &c.
6,571
......
5,014
5,782
4,920
5,170
......
......
2,197
3,051
3,001
4,559
1,666
2,210
3,006
2,759
1,570
1,492
4,757
5,758
4,234
2,819
5,492
......
......
......
......
......
......
......
......
......
Boston.............
299
152
326
Philadelph’ a,&o
195
304
56
- ...
.....
93
286
180
4,759
8,612
3,148
142
2,598
58
2,837
50
271
32,216
8,612
17,622
142
13,625
58
25,897
50
271
260
647
200
1,416
647
935
Tot’ls this week 38,066 57,411 48,517 33,550 31,642 48,477 257,663
The following shows the week's total receipts, the total since
Sept. 1, 1896,.and the stock to-night, compared with ast year.
Stock.
1895.
1896.
Receipts to
This Since Sep. This Since Sep. 1896.
Sept. 25.
1895.
Week. 1, 1896.
Week. 1, 1895.
Galveston... 69,681
Tex. C.,&c.
3,641
New Orleans 74,898
7,922
M obile.........
197,669 43,345
11,386
624
184,052 31,713
22,985
7,066
81,122
1,339
69,806
12,377
159,090
3,896
129,588
21,169
60,094
Savannah...
Br’ wiek, .fee
Charleston..
P.Royal,<fcc
WilmingtonWash’n,<tec.
Norfolk ___
West Point..
N’p’tN .,& c
32,216
8,642
17,622
142
13,625
58
25,897
50
271
75,064
2,308
31,390
81
14,750
33
7,171
817
461
73,919
3,445
49,629
48,177
845
40,509
16,764
14,124
26,560
50
7,613
297
Boston.........
Baltim ore...
Philadel., <fco.
1,416
647
935
112,604 33,404
12,912
1,338
65,444 16,330
162
15
39,607 9,593
93
5
64,513
3,410
50
406
1,018
125
225
4,496
245
743
213
1,307
1,879
646
431
3,864
82,079
3,500
4,305
6,233
152,53 4
2,750
3,534
5,519
Totals....... 257,663
719,838 149,139
301,560
580,227
445,982
97,378
12,558
....
In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
Receipts at—
1896.
1895.
1894.
1893.
1892.
1891.
Galves’n &o,
New Orleans
M obile........
Savannah...
Chas’ton, &c
Wilm’ton,&o
N orfolk.......
W. Point, &o.
All others...
73,322
74,898
7,922
32,216
17,764
13,633
25,897
321
11,610
43,969
31,713
7,066
33,404
16,345
9,598
3,410
531
3,103
51,241
55,124
10,022
41,243
24,165
12,741
7,005
830
2,800
41,825
34,969
9,223
44,814
12,196
8,081
5,614
1,856
2,830
44,8 49
21,509
6,781
33,937
12,926
4,793
6,744
5,057
4,397
50,664
61,120
13,164
38,363
26,153
11,580
13,558
9,161
7,195
Tot. this wk.
257,653
Since Sept. 1 719,838
205,221
161,438
140,993
230,966
301,560 481.04S
149,139
342,158
405,355
737,588
The exports for the wees ending this evening reach a total
of 123,597 bales, of which 54,644 were to Great Britain. 35,038
to France and 43,835 to the rest of the Continent Below are
the exports for the week and since September l, 1893.
W e e k E n d i n o S e p t . 25, 1896. F r o m S e p t 1, 1896, t o S e p t . 25, 1896.
________ E x p o r t e d t o — __________ ___________ E x p o r t e d t o —_____________
fr o m —
G a l v e s t o n ........
T e x . C it y , & c ..
N ew O r le a n s ..
v o b il e & P e n
S a v a n n a h ........
B r u n s w ic k .......
C h a r le s t o n * .
W ilm in g t o n ...
N o r f o l k .............
W e s t P o in t —
N ’ p ’t N e w s , & c
N e w Y o r k ........
B o s t o n . . . . ........
a lt i m o r e .......
P h il a d e lp ’a ,& c
T o t a l ...........
T o t a l , 1 8 9 5 ....
G rea t
B r it'n . F ra n ce
4,901
30,166
7,188
17,670
C o n ti
T o tu
n en t.
W eek .
6,457
403
5,407
18,526
403
53,243
46,450
7,350
7,350
5,SSI
11,7 10
14,931
5,981
7,269
9,216
5,881
11,700
5,715
9,210
3,213
1,010
50
207
250
54,641
25.098
5,033
200
47,639
13,869
23,018
21,922
13,016
8,346
253
994
43,885 123,597
155,012
37,891
11.654
41,481
59.259
C o n ti
n en t.
777
T o ta l
8,157
1,097
15,944
69,605
1,097
85,412
19,108
19,108
5,881
27,589
21,288
20,300
12,072
8,496
1.010
1,850
207
1,800
29,627
* I n c l u d i n g P o r t R o y a l.
G rea t
B r ita in . F ra n ce
10,^28
3,500
220
3 3 ,-4 4
13,016
6,846
473
91,226
284,119
21.242
8 l,2 ‘ 8
Total 1896...
90,777
14,582 46,106 10.365
16L,S30
418,397
Total 1895...
Total 1891...
28,006
40,896
8,720
13,408
78,513
132,166
367,469
251,988
30,818 10,939
68,986
8,876
There has been less spirit to the speculation in the market
for cotton futures during the past week than has been noted
for some time past. Saturday and Monday, however, prices
advanced 22 to 26 points, principally on a demand from
‘ shorts” to cover contracts stimulated by reports of lo w
crop estimates and some fear o f frost in the cotton belt.
Tuesday the market weakened and prices declined 19 to 21
points under realizing sales, prompted by slightly improved
. prospects for the top crop and a more favorable weekly re
port by the Government’s W eather Bureau than was ex
pected.
Wednesday there was an advance during early
’Change in response to stronger foreign advices and rumors
of frost in the Southwest.
Subsequently, however, pre
dictions of warmer weather and the heavy crop move
ment caused a reaction. Thursday the market was stronger
early in the day on better foreign advices than expected
and further reports of frost at the South, but later, under
realizing sales by “ longs,” caused by the improved possibili
ties for the top crop and an absence of outside speculative
interest, prices weakened and closed at a decline of 5 to 6
points for the day. To-day the market opened 4 to 7 points
higher on good foreign advices accompanied by buying
orders.
Later more favorable crop reports from Texas,
together with the pressure of actual cotton on the market
and absence of speculative support, induced liquidation by
“ longs,” and the market weakened. The close was steady,
with prices 1 to 3 points down for the day. Cotton on the
spot has been quiet.
Saturday prices were advanced H e . ,
but Tuesday this improvement was lost. To-day the market
was quiet and IgC. lower, middling uplands closing at 8 7-16c.
The total sales for forward delivery for the week are
970,900 bales. For immediate delivery the total sales foot
up this week 3,233 bales, including ------ for export, 2,733
for consumption, ------ for speculation and 500 on contract.
The following are the odicial quotations for each day of the
past week— September 19 to September 25.
Rates on and off middling, as established Nov. 23, 1893,
and revised Dec. 11, 1895, by the Revision Committee at which
grades other than middling m ay be delivered on contract:
off1
P a ir .................. . . . . . . o . 1H on.
Even*
Middling Fair. ................. 7a on. Good Middling T in ged...
3triot Good M iddling..... -j on. Striot Middling Stained.. 7S2 oftHood Middling.. . . . — . . 5l8 on. Middling Stained............. % oftStrict Low Middling....... 3ia oil. Striot Low Mid. Staines.. 2o,a oftLow Middling. . . . ........ . % off. Low Middling Stained__ I'd offStrict Good Ordinary....... Hiaoff.
On this basis the prices for a few of the grades would be as
follows.
S at.
UPLANDS.
Good Ordinary...........................
Low Middling.............................
Middling.....................................
Good Middling...........................
Middling Fair.............................
itloil T U68 W ed
7%
8ti
8%
81»I6
9k!
Sat.
878
97l«
M oil T a e s W e d l X U .
Good Ordinary...........................
Low Middling...... ....................
M iddling....................................
Good Middling...........................
Middling Fair......................
7 78
8k!
8 78
9^
9%
778
8ki
8 78
9*8
9%
STAINED.
Sat.
GULF.
Low Middling...................... .
Middling.....................................
Strict Middling..........................
Good Middling Tinged.............
738
8k!
8l ^30
85s '
7%
8M
8=8
8 15to
9ki
7316
83,6
Zlw
8? 16
8»1«
878
97, ,
8716
8 ’ ha
m l6*
UIoii T u e s
738
7£i,0
8^16
8)4
81332 8H32
8^i«
8=8
7i:q
8716
813.6
91.6
9u ie
W ed
F r i.
lu .
7V
83,6
8 ’ ia
8 7s
9b 6
77 6
8M«
II1
8% 6
F r i.
713,«
87i6
8 '3 18
91,6
911!*
J ib e
8’ 16
8 lji«
81° ig
99, „
T il .
Fri*
X
75 6
>
8 1.- z
8iie
S r
8 9i «
§“ 32
8 *33
87J6
MARKET AND SALES.
SALES OF SPOT AND CONTRACT.
SPOT MARKET
CLOSED.
Sat’d a y .
Monday.
Tuesday
Wed’ day
Th’day..
Friday..
Total....
Quiet at % adv..
Quiet ...............
Quiet at ii6 dec.
Quiet .................
Cluiet............ .
Quiet at ^ dec..
Ex
port.
0 on- Spec- Con
sump uTVn tract.
....
129
1,838
266
249
68
183
__
2,733
Sales of
Futures.
129
2,338
266
249
68
183
131,400
156,000
213,900
153,700
132,900
183,000
500 3,233
970,900
500
....
Total.
....
T h e S a l e s a n d P r ic e s o f F u tu res at N ew Y ork are
shown in the following comprehensive table.
o o 000© 00000© 0 < ooooocoo I
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o 0 0 CO0061
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Market, Prices and
Sales o f
FUTURES.
Market,
Jlmine- and
Total Sales.
© j§ <§ B i —o —
[iiiflliJ I
nii
5 3 * a c S ’§ o 2 |
s &Q-?J r»DD © sJjf >> -
i® ”3 S •8 g g gajto® *35 g * g w « M
l & g i 's i l j U e s s s s
HroaoD
"*.6g a o l s
jo < a b o
^iggls
j jo Sm
t - cr;
3 I I S 3 S
PJ
s g L '- s i a h i
H
OAI LV
September.
October,
November,
2
2 >
; “ : S\£
r a.'.g
TRICES
December,
Enfanla.
ALABAMA,,,
“
M ontgomery
Selma,
2 1 * 5
c3 ,£r <D cS Helena,
A rk an sas . .
Little Kook,
f-S g l
Albany,
G e o r s ia ,,..
“
Athens,
**
l i : . s
Atlanta,
4<
© .a - e Augusta,
ft
| ~ r ^ g Columbus,
ft
Macon,
^ U, ^ 43
**
O CD CO CD
Rome.
f l D ce «
Louisville,nci K e n t u c k y .
9 a .,.22 Shreveport, L o u is ia n a ,
© ® 43 T Columbus,
M ississipp i .
Cl
Greenville,
^co g-bc!©
® .Srg* Meridian,
It
^ co a ®
“
Natchez,
**
Vicksburg,
l § i ^
“
Yazoo Otty,
Bt. Lonis,
M isso u ri .. .
N.C arolina
O *r3 o C Charlotte,
**
Raleigh,
Clnoihnati,
O h io ............
Columbia,!
8. Carolina
Greenwood,
M emrhls,
T ennksbeb..
ft
Nashville,
Brentotn,
T ex a s ..........
*•
It alias.
Houston,
“
AND
January,
I
Movement to Xeptembe?- as , la y o.
liec eipts.
Shipm’ ts Stock
This
Since
This
week, S ep L i; 96. week. Sept. 25.
1,2 0 2
10,323
5,943
■w oo
3,527
3,071
3,411
5,536
17,183
2,865
5,585
2,725
248
5.755
3,507
3,578
1,945
3,970
3,525
2,639
9.048
1,370
1,7 31
5,179
1.513
1,310
24,570
425
3,737
497
63,917
4,287
28,840
14,943
7,007
7,625
11,692
9,214
15,999
52,987
9,528
19,0-1
5.099
390
14,446
3,090
5,378
4,4 U
10,93(1
8,999
5,527
19,078
3,310
0,322
9,207
766
6,907
5,137
863
2,179
2,828
1,838
5,304
9,127
903
3,628
3,002
278
3,750
1,110
194
725
2.(542
1,771
1,116
8,048
1,370
1,370
8,172
1,513
1,185
7,76 i
4HU
4,O0(
1.251
(18,668
itiopemene to September 27, xo»o.
Receipts.
ShipmHs Stock
This
-Since
This
rceek. Sept, 1,*95. week. Sejit. 27.
2,079
16,125
7,322
5,916
3,210
4,131
4,406
7,154
25,157
7,126
7,810
1,161
30
8,602
2,401
5,010
3,972
6,566
9,218
4,406
17,736
_____
1,162
3,952
1,600
9,113
3,000
803
793
2,803
1.530
4,310
21,960
6,651
984
872
8,329
2,203
1,353
7,235
2,200
123
10,526
3,666
3,882
473
30
1,744
996
200
1.166
1,732
852
1.378
4,800
993
804
427
5G0
700
5,344
34
5,581
2,293
48,000
20,683
8,408
7,990
588
211
2,867
1,534
260
1,841
3,062
1,370
1.896
8,970
1,553
1,259
1,727
1,205
1,279
6,915
70
10,386
3 ,SOI
122,338
7,653
3,350
3,332
100
8
111
827
60
3,050
1.760
43.945
309
4,870
75
5,839
891
2-1,025
583.470 14.9,058 275,227 1 115,958
261,32*2
92,352
90,587
5,4 59
■2,679
00,600
531
10,767
9,739
208,027
125
53,890
237
9.455
1.926
54,276
CD s
2 I 8
SALES
T otal, 31 tow n s.......... 202,094
OF FUTURES
February.
March.
Prices paid (range)
Closing,...................
Tuesday, Sent. 22—
Prices paid (range)
Closing....................
.
1,021
, 90
200
4.751
993
614
631
500
690
2,556
S a l l l
75-0 ^ O s
fe ® -| g s
o 2 j £ -1
• S cf-a 'S -c
1,100
4,983
FOR E A C H MONTH.
April,
May.
/« « « .
July.
A ttgnsL
Hitrhar,
Saturday, Sept. 1 9 A v ’ ge.. 8-15 A v ’ ge,. 8*14 A v’ ge,. 8*17 A v'ge.. 4-2si A v'ge.. 6*37 A v 'g e.. S--13 A v’ge.. 8*45 A v 'g e.. 8*80 Av’ ge.. 8*54 A v’ge.,. 8*35 A v 'g e .,-------- A v’ge. -------131,400
7,800
6 /0 0
Sales, total.............
200
61,000
88.300
2,100
500
2,500
200
8,000
Prices paid (range) 8 TO'® 8*59 8 T 4 ® 8T6 8 T 3 # 8*17 8*10# 8*22 B-20,1 8*31 8*29® 8*42 8*3!tvi s*47 8*39 tf S*M 8*49® 8*51 8*4a® S 5 9 8*55# —
— # —
— -a —
Closing........ .......... Very steady. 8 ‘ 14— 8*17 8*16— 8*17 8 T 9 — 8*20 8*31 -- 8*32 8*30— 8*40 8*44— 8*45 8*48— 8*49 8 * 5 2 - 8*53 8*56— 8*57 8*69— 8 61 - * • * * “— ■ —* **“
Monday, S e p t 21—
__________
______
2.632
1.335
1,106
5,841
3,339
892
1,002
1,905
335
457
11,049
2,598
1,131
420
99
3,231
574
200
2,403
1,650
1,277
1,752
6,628
V ®
Firm or.
A v’g e ..—— A v’ge.. 8*18 A v’ ge,. 8*18 A v'ge. s*31 A v ’g e .. 8*39 A v’ge.* 8*46 A v 'g e .. 8*47 Av’ ge., 8*48 A v 'g e .. 8*52 A v'ge..-------- Av’ g e ., —
150,000
1,400
8,200
48.400
90,600
1,ooo
1,600
2.H00
o .o o o
8 -0 8 » 8*06 — ® —»
8 •OR® 8*27 8*12'® 8’ 29 8*24# 9*42 8*33® 8*49 3*39-® 8*54 8*41 « 8*50 8*46# 8-40 8*50 A 8*60 — -9 —
—■ # —
Steady.
8-23— S-25 8*25— 8*21) 8*28— 8*29 8*39— 8*10 8*47— 8*48 8*&2— 8*53 8 * 5 6 - 8*57 8*60— 8*62 8*64— 8*06 8*08— 8*69
A v ’ge.
—
—
d
—
—
Lower
A v’ge............ Av’ ge.- 8 1 3 Av*ge, a y s A v’ge,. 8*25 A v ’ge,. 8*33 A v’ge.. 8*38 A v’ge.. 8*44 A v ’ge,. S-4K A v'ge.. 8*4# A v ’g e .. 9*54 A v 'g e ..-------- A v 'g e..-------213,900
15,800
— d' 'l l
8*0? d 8 TP 8*07# 8*20 8 T 7 # B:*U 8*26® 8*4) 8*31# 9*45 8*85 n* 8*50 — 'd H-4 8 8*42# 9*36 9*4(1# ’ 8*59 — # " —*
8*07® 8-59 — ® —
Steady,
8*03— 8*05 8 * 0 7 - 8*09 8*07— 8*08 8*18— 8*19 8*26— 8*27 8*3 L - 8*32 9*35— 8*36 8 39— 8*10 8 * 4 2 - 8*45 9*46— 8*46 — —
,I I I I
| | | £ £^ ce
i i i .ig | I | | I §
5 g' S
5w *«I .
_
01
- 7SD * - k’ “ .- *er'_Cm? —
s s s g ? s s § sJ l t
«SN*© 9 « . e « « o o c & © «’ o
hhhmS k k k h S S h S
* ©# i© * * ®* 5 « « 5
SSSSsSSSSsSSs
£ & 5. a . c *§, a c" &. cj,^,*E a.
? r N c ^ q t '» r N r » M - .
W edneM ’y, Ropt.23—
Quiet.
Av*ge.. 8*13 A v'ge. 8*11 A v’ ge., 8T 2 Av'ge,, B*23 A v’ge,. 8*31 A v ’ge.. 8*37 A v'ge.. 8*38 A v’ge.. B‘ 42 A v’ ge.. 8*4? A v ’ge.. a 40 A v 'g e .,------- A v 'g e ..-------153,700
1,900
^ 8.000
0,400
77,000
200
5,800
1,700
11,300
1,100
B OB® 8*50 8 T O # 8T 4 S«0ft» 8*10 8*05® 9*17 8*10# 3*29 *8*24 * 8*80 8*35# 8*40 •8*82 ..* 8*43 —' ® —■ » I g | 3 S i | i | | | t .
# 8*42 8*4-5» 9*30 — • «*4#
8*04— 8*05 8*07— 8*00 8 * 0 6 - 8*0!< 8T S — 8T 9 6 28— B-27 9*30— 8*31 9*34— 8*35 8*37— 8*3ii 3*40 - 8*42 8*42— 8*45
filondy.
' “ * —
8 I l| lo | I | lH I c
Thursday, Sept.24—
Easier.
Av'ge.
A v ’ge,. 8*06 A v ’ge.. 8*08 A v’ge,, MTH A v ’ge,. 9*26 A v’ ge,. 8*31 Av’ge,. 8*34 A v ’ge,. 8*37 A v’ge.. 8*40 A v’ge*. 8*44 A v 'g e ..-------- A v 'g e ,.-------5,300
J§
4►**4«^<e>
132,900
l .1,200
V8,900
63,300
13,400
400
4,000
3,100
1,300
Prices paid (range) 8*02® 8*50 — # —
— # —
8*02® 8*18 8*03 9. 8*11 8 T 2 # 8*23 8*20® 8*32 8*30® 9*34 9 '2 9 # 9*39 8*36# g'38 8*30# 8*42 9*39# 9*50 • * 'a --=
Closing,...................
Easy.
7*99— 8*01 8*02- - 8*03 8*0*2— 8 0 3 S * U i- —
8*20 - 8*21 8*24 - 3*25 8*28— S*29 8*31— 8*33 8*35— 8 36 8*3$—■ 8-39 “
— — —
-**
fc I f f
Z
s
?
s
g
s
$
s
s
s
s
m
§
Friday, Hunt. 2 5 Kasv.
A.v’gf*.. 8 00 A v’ge, „ 8*04 Av’ge,. 84)2 Av’ ge,, 8 T 2 A v’g e ,, 8*1.9 A v’ge,. 8*21 A v’g e .. 8*28 A v ’ge,, 8*31 Av’ ge,. 8*30 Av'ge. 8*40 A v’ ge..-------- A v 'g e ..------ts; j : g
l ,000
183,000
18,500
9,900
30,000
1,800
li
js
94,500
13,200
200
3,400
4,600
P OOOOOOOOOOO © © * : 6 i
Prlcoft paid (range) 7 ‘98’® 8*42 7*98# 8*02 8 *00 to 8*09 7*98# 8*07 8*00# 9T 9 8*14 # 8*2? 8*19# 9*25 8*2-3# 9*32 — -# 8*31 8*55®
— m —
«*»»»* ft 42 — m —
X **H m m . I M i N M M :N I#
Closing....................
Steady.
# ® C o © ©■O S g i
7*08— 8*00 8*01 - 8*02 9*oo ~ 8 02 9*00- 9*40 8*17— 8*19 8*21— 8*2*2 9 *2 5 - 8*26 g -3 8 ^ 8*30 8 * 3 2 - 8*34 9*35— 8*37
— **“ • ***“
Prices paid (range)
Closing....................
ssisissessi^
Total sales thla week
A verage price, week
970,900
Bales since Bop, 1,‘ 90
4,854,500
3,100
8*09
61.800
8*11
87,000
8*13
240,900
8*23
41)4,100
«-3t
19,100
8*36
71,100
8*40
3*300
8*43
16.500
8*40
15,100
8 ‘ 48
13,000
813,800
165,800
1,231,900
2,183,500
64,600
301,000
20,000
03,800
16,100
......
.........
♦»*»*»
3 33S S 5S S aS S *S
tiiliis ttis ti
ti =
i>5
®
B i.,
r s
1 Jail
g i l l £
b e
f f ? ? : s | s s r s s s ? H If ♦» If
-0
566
THE CKRONE LE.
Q uotations for M iddling C otton a t Oth er M a r k e t s .—
Below are closing quotations of middling cotton at Southern
and other principal cotton markets for each day of the week.
[VOL L X IIL
W e a t h e r R e p o r t s B y T e l e g r a p h . —Advices to us this
evening by telegraph indicate that rain has fallen in many
sections of the South during the week and that at a few
points in Texas heavy precipitation has done some damage to
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
cotton.
Picking is progressing rapidly and in some districts
Sept. 25.
Fri.
Wedne8.
Thurs.
Mon.
Tues.
Satur.
is stated to be nearly completed.
7
‘
3
i
6
7%
Galveston. .
778
7 78
713,6
77e
Galveston, Texas.— The consensus of opinion among cotton
New Orleans
7%
713,6
713,6
7 "l6
7*1,6
factors, buyers and wholesale merchants is that the whole
7=e
M obile........
7=8
7=8
79,6
7*>ie
7»,e
7 j2
79,6
cotton crop of the State is made, and outside of Southwest
Savannah...
7=8
79, c
7^16
7 rfl6
7*e
7*a
Charleston..
79,6
7^8
7 “ 16
Texas a top crop is hardly possible. Reports during the week
734
734
7\
7%
7*h
Wilmington.
7*h
show no change in the situation and crop estimates here range
8
713,6
8
778
N orfolk......
778
77s
from one and three-quarters to two million bales. It is almost
Ski
89,0
Boston........
8=8
8>
8=8
89,6
8%
8*%
Baltim ore. .
8*4
8*4
8*4
8*4
unanimously contended that rain now will do harm. It has
8is16
Philadelphia
87a
8*3,6
g
l'10
S7a
rained on three days during the week, with rainfall to the
g^lB
734
Augusta......
7%
7=8
711*16 7131*'S>70
7!iia
extent of one inch and twenty-eight hundredths of an inch.
713,6
7%
7%
7 5s
7%,
Memphis__
7*ll0
713,6
734
713,6
7'Sm
The thermometer has averaged 76, the highest being 87 and
8t. Louis___
71318
7 ‘ 3ie
Houston —
778
778
*
78
711,6
713ie
7Hie
the lowest 64
8
8
8
8
8
8
Olnoinnati..
Palestine, Texas.—W e have had rain on three days the past
8
77s
77e
Louisville...
778
778
7 7e
week, the rainfall reaching thirty-six hundredths of an inch.
The closing quotations to-day (Friday) at other important The thermometer has averaged 72, ranging from 59 to 94.
Southern markets were as follows,
Huntsville, Texas.— There has been rain on four days during
7 ^ the week to the extent of one inch and twenty hundredths.
«
7^8 Natchez...........
7;,6
7=i Raleigh............
7=8
Charlotte........
7% Little Booh..
73a The thermometer has ranged from 51 to 98 averaging 72.
Oolumhus, Ga.
7*4 Montgomery. .. 738®12 Selma...............
Dallas, Texas.— Rain has done some damage to cotton. It
7*a Shreveport......
7*4
Columbus. Miss
7is N ashville___
R eceipts from th e P l an tatio n s .— The following table has rained on two days of the week, to the extent of
Indicates the actual movement each week from the plantations. eighteen hundredth of an inch. Average thermometer 71,
The figures do not include overland receipts nor Southern highest 95 and lowest 47.
Son Antonio, Texas.— There has been heavy rain on three
consumption; they are simply a statement of the weekly
movement from the plantations of that part of the crop which days of the week, damaging cotton, the rainfall reaching two
inches
and forty-seven hundredths. The thermometer has
Anally reaches the market through the outports.
averaged 75, the highest being 90 and the lowest 60,
L/uling, T exa s— There has been heavy rain on three days .
W eek
R e c e i p ts a t th e P o r t s . S t'k a t I n t e r i o r T o v m s . R e c ’p ts f r o m P ta n V n s .
during the week, the precipitation being two inches and
E n d in g —
1894. 1895. 1896. 1894. 1895. 1896. 1894. 1895. 1896.
eighteen hundredths.
The thermometer has averaged 76,
50,207 ranging from 69 to 92.
Aug. 2 1 ........ 14,122 2,715 36,961 55,819 35,157 89,793 13,002
“ 28...... 25,173 6,803 68,557 56,386 31,782 110,181 25,720 6,423 88,945
Columbia, Texas.— It has rained dn three days the past week,
Sept, 4...... 38,396 15,093 116,890 55,913 35,892 125,827 36,974 16,203 132,536 the rainfall reaching one inch and eighty-eight hundredths.
“ 11...... 65,884 47,593 154,785 66,830 43,275 170,014 99,801 54,922 198,972 The thermometer has ranged from 62 to 88, averaging 75.
u 18...... 148,547 91,080 245,183 81,519 66,739 223,091 166,236 114,544 298,260
Cuero, Texas.— W e have had rain on three days of the
M 25...... 205.22L 1149,139 257.863 109,245 90,587 275,227 229.947 172,987 300,799
week, to the extent of eighty-four hundredths of an inch.
The above statement shows; 1.— That the total receipts Average thermometer 74, highest 94 and lowest 63.
from the plantations since Sept. 1, 1898, are 874,471 bales; in
Brenham, Texas.— It has rained lightly on three days of the
1895 were 359,447 bales; in 1894 were 532,958 bales.
week, the rainfall reaching ninety-three hundredths of an
2.— That although the receipts at the outports the past week inch. The thermometer has averaged 76, the highest being
were 257,663 bales, the aotual movement from plantations was 95 and the lowest 58.
309,799 bales, the balance going to increase the stocks at
Temple, Texas.— There has been rain on one day during the
the interior towns. Last year the receipts from the plantation s week, to the extent of twenty-Dine hundredths of an inch. The
for the week were 172,987 bales and for 1894 they were thermometer has averaged 74, ranging from 52 to 95.
229,947 bales.
Fort Worth, Texas.— Rain has revived the cotton worm in
Ov e r l a n d M ovement for th e W eek a n d Since Sept . 1.— this vicinity. Cotton is two-thirds picked. It has rained on
W e give below a statement showing the overland movement two days of the past week, the rainfall reaching fifty hunfoi the week and since September 1. A s the returns reach us dreths of an inch. The thermometer has ranged from 48 to
by telegraph late Friday night it is impossible to enter so 94, averaging 72
Weatherford, Texas.— W e have had rain on three days of
largely into detail as in our regular monthly report, but all
the principal matters of interest are given. This weekly the past week, to the extent of one inch and seven hundredths.
publication is of course supplementary to the more extended Average thermometer 72, highest 93, lowest 50.
New Orleans, Louisiana.— There has been no rain during
nonthly statements. The results for the week ending Sept. 25
the week. The thermometer has averaged 79.
and since Sept. 1 in the last two years are as follows]
Shreveport, Louisiana. —It has rained on two day3 of the
week, the rainfall, however, being too small to measure. The
1895.
1896.
thermometer has averaged 75, ranging from 49 to 93.
September 25.
Since
Since
Columbus, Mississippi.— The crop here will be marketed by
Week. Sept. 1.
Week. Sept. 1.
December 1st. W e have had rain on one day during the
week,
the rainfall being thirty hundredths of an inch. The
Stepped—
Via St. Louis...............................
19,670 4,751
9,699 thermometer has ranged from 48 to 103, averaging 77.
8,048
Via Cairo.....................................
8,553
560
5,348
848
Leland, Mississippi.— W e have had no rain all the week.
Via Parker City..........................
543
559
1,088
543
Average thermometer 73, highest 98, lowest 44.
Via Louisville.............................
5,028
7,750
120
1,181
Vicksburg, Mississippi.— There has bien only a trace of rain
Via Cincinnati............................
1,975
201
3,708
524
896
1,934
Via other routes, &o...................
643
2,362 during the week. The thermometer has averaged 75, the
highest being 93 and the lowest 51.
Total gross overland.............. 21,854
6,818
Little Rock, Arkansas.— Rain has fallen on two days of the
42,703
15,157
Deduct shipments—
week, to the extent of forty-two hundredths of an inch. The
Overland to N. Y., Boston, &o..
2,998
7,343
1,765
4,941
Between inteiior towns.............
6
19
5
5 thermometer has averaged 68, ranging from 47 to 95.
Helena, Arkansas.— Telegram not received.
Inland, &c., from South.............
2,186
3,870
- 621
2,355
Memphis, Tennessee.— W e had general rain on Monday, the
5,190
11,232
Total to be deducted..............
2,391
7,301 precipitation reaching fifty-nine hundredths of an inch, and
Picking and marketing are active.
Leaving total net overland*.. 1 16,664
31,471
4,427
7,856 rain is now falling.
Average thermometer 67, highest 93'2 and lowest 46 3.
Including movement by rail to Canada.
Nashville, Tennessee.— W e have had rain during the week
The foregoing shows that the week’s net overland movement
this year has been 16,654 bales, against 4,427 bales for the to the extent of thirty-six hundredths of an inch. The ther
week in 1895, and that for the season to date the aggregate net mometer has averaged 66, the highest being 90 and the'
lowest 40.
overland exhibits an increase over a year ago of 23 615 bales.
Mobile, Alabama.— Dry weather has prevailed all the week.
Picking is active and has been finished in some sections. The
1896.
1895.
In Sight and Spinners’
thermometer has ranged from 58 to 92, averaging 78.
Since
Takings.
Since
Montgomery, Alabama.— Picking is neatly finished in most
Week. Sept. 1.
Week. Sept. 1.
sections. There has been rain on two days of the week, the
Receipts at ports to Sept. 25....... 257,663 719,838 149,139 301,560 rainfall being fifty-nine hundredths of an inch. The ther
31,471
Net overland to Sept. 25............... 16,664
4,427
7,856 mometer has averaged 78 and has ranged from 68 to 88.
Southern consumption to Sept.25 18,000
68,000 19,000
74,000
Selma, Alabama.— Telegram not received.
Madison, Florida.— W e have had rain on two days during
Total marketed..........
292,327 819,309 172,566 383,416
Interior stocks In excess.
52,136 154,633 23,848
57,837 the week, to the extent of ninety hundredths of an inch. The
thermometer has averaged 82, the highest being 91 and the
Came Into sight during week. 344,463
196,414
973,942
Total in sight 8eut. 25.......... .
441,303 lowest 70.
Savannah, Georgia.— It has rained on two days of the
North’n spinners tak'gsto 8ept.25 55,377 104,845 30,145
63,964 week, to the extent of thirty-four hundredths of an inch. The
thermometer
has ranged from 53 to 96, averaging 77.
It will be seen by the above that there has come into sight
Augusta, Georgia.—W e have had rain on two days of the
during the week 344,463 bales, against 196,414 bales for the
same week of 1895, and that the incroase in amount in sight past week, to the extent of eight hundredths of an inch.
Average thermometer 75, highest 101, lowest 43.
to-night as compared with last year is 532,639 bales.
THE CHRONICLE
September 26, 1886 .j
Charleston, South C arolin a. — W e h a v e h a d r a in o a tw o
d a y s d a r in g th e w e e k , th e r a in fa ll r e a c h in g o n e in c h a n d
s ix t y -s e v e n h u n d r e d th s . T h e t h e r a to m s te r h a s a v e r a g e d 76,
r a n g in g fr o m 39 to 89.
Stateburg, South Carolina. — T h e r e h as b e e n lig h t r a in on
th r e e d a y s o f th e w e e k , to th e e x t e n t o f f i ft y h u n d r e d th s o f
an in c h , b u t m o r e is n e e d e d . L ig h t fr o s t o c c u r r e d o a lowg r o u n d o a T h u r sd a y m o r n in g . T a e th e r m o m e t e r h a s r a n g e d
f r o m 48 to 98, a v e r a g in g 73*0.
Greenwood, South Carolina, — I t h a s r a in e d o n o n e d a y o f
th e w e e k , th e p r e c ip ita tio n r e a c h in g tw e n t y -fiv e h u n d re d th s
o f a n in c h . A v e r a g e th e r m o m e t e r 71, h ig h e s t B l a n d lo w e s t
61,
IVihon, North Carolina. — W e h a v e h a d ra in o n t w o d a y s o f
th e w e e k , th e r a in fa ll b e in g o a e in c h a n d n in e t y h u n d r e d th s .
L ig h t fr o s t T h u r s d a y m o r n in g . T h e th e r m o m e t e r has a v e r
a g e d 71, th e h ig h e s t b e in g 98 a n d th e lo w e s t 44,
T h e fo llo w in g statem en t w a h ave also receiv ed b y telegraph ,
sh o w in g th e h eigh t o f th e rivers a t th e poin ts nam ed a t
8 o ’c lo c k S e p t e m b e r 2 4 ,1 8 9 6 , an d S e p t e m b e r 2 6 ,1 8 9 5 .
56T
Ma n c h e s t e r M a r k e t .—O - ir r e a o r t r e c e iv e d b y c a b le t o - n ig h t
f r o m M a n c h e s te r s ta t e s th a t th e m a r k e t is q u ie t f o r v a r u s
a n d s t e a d y f o r s h ir tin g s . T h e d e m a n d fo r I n d ia a n d C h in a
is im p r o v in g .
W e g iv e th e p r ic e s f o r t o - d a y o e to w a n d le a v e
th ose f or p r e v io u s w eek s o f th is a n d la st y e a r f o r c o m p a r is o n
1896.
1895.
SH tbs. Shirt- OotTn
lbs. Shiri- Oott’ n
32s Oop. ings, common Mid. 32s Oop.
ingSy common m m .
Twist.
Tunst.
to finest.
TTplds
to finest.
TTplds
Ag.21
** 28
Sep. 4
“ 11
« 18
" 25
d.
d. s.
613,6*7% 4
613,8*7% 4
6 » ta®8
4
rii.-usi-ps 4
6t-h6 a7 % 4
6% ®713j9 4
d. s.
7 ®7
7 ®7
8 ®?
9 ®7
8 «7
7 % »7
d.
0
0
1
3
2
2
d.
d.
a.
43132 5 lli0 ® 6 q g
4 IS,.. 5V3 ®6%
® 6 7a
43 >32 6
413,0 6>is ® 6 78
42L3! 6 10 * 7
41 Ms 65,0 ® 7 q
s,
4
4
4
4
4
4
d.
s.
2bj® 6
3 ®6
31236
3>-2 <t6
4 ®6
5 ®6
d.
5
6
6
6
6
7%
d,
4 l lff
i?
?a
4\t
43g
4iH s
S e a I s l a n d C o t t o n M o v e m e n t .— W e h a v e r e c e iv e d t h i s
(F r id a y ) e v e n in g b y te le g r a p h f r o m t h e v a r io u s p o r ts t h e
d e ta ils o f t h e S ea I s la n d c o t t o n m o v e m e n t f o r t h e w e e k , T h e
r e c e ip ts f o r th e w e e k e n d in g to -n ig h t (S e p t. 35) a n d s in c e
Sept. 24, *96. Sept. 20, *95. 1 S e p t. 1 ,1 8 9 6 , th e s t o c k s t o -n ig h t , a n d th e s a m e it e m s f o r tilePeet.
Peel.
c o r r e s p o n d in g p e r io d s o f 1895, a r e a s f o llo w s .
4-0
3*5
New O rleans—
2*2
0*8
M em p h is...............
1896.
1895.
Stock
Sashvill ( 5 .. . . . . . . . .
1*3
o-s
Receipts to Sept. 25.
1*4
*3*3
Bhret s p o r t .......... ....... Atiove xero o f gauge.
This
Since This
Since
YSck»buri<---- -,
1-5
5*7
week. Sept. 1. week. Sept. 1. 1896. 1895.
’ fielo-a- 86ro Of gauge.
J u r a B u tts , B a UOINO, See.— T h e m a r k e t Cor ju t e b a g g in g
h a s b een q u ie t f o r th e w e e k u n d e r r e v i e w , b u t th e c lo s e is
firm at 5J|c f o r i j ibis., *5! j c . f o r .2 lb s. a n d 6 c . f o r sta n d a rd
g ra d e s in a jo b b i n g w a y . O a r -lo a d lo ts o f s t a n d a r d bra n d s
a re q u o t e d a*. 3 ' j
f o r 1 >4 lb s ., 5>$C. f o r 2 lb s . a n d 8 c . f o r 2 Vi
Ibe., f. o . b . a t N o w Y o r k . J u t e o u tts h a v e a ls o b e e n q u ie t.
Q u o ta tio n s a r e 1*153. f o r p a p e r q u a lit y a n d 1 ,'aC. f o r m ix in g ,
n o m in a l.
I n d ia C o t t o n M o v e m e n t F r o m a l l P o r t s .— T he receip ts
a n d s h ip m e n t s o f c o t t o n a t B o m b a y h a v e b e e n a s f o l l o w s f o r
t h e w e e k a n d y e a r , b r i n g i n g t h e fig u r e s d o w n t o S e p t. 34.
» n * m r (t-W IKIPT* » « > SH IP R B S fT S F O R P O O R TBVRH
|Shipmeni# thUi week, l Shipments Mince Sept, 1. [
ContiGreat [ OanU- \
|B r itn .: n c n l l Total. B ritain« n c n l i Total,
1 tear Great
24,000 7.000
9.OO0 11,000
12.000 3.000;
i e .o o o ! 9,000|
23,000
9,000;
5,000' 7.OO0
1,000 15,000
1896 1,000^ 8,000 9,000
1895' ......................
1894
2,000 1 2,000:
is m
....... . ........
Receipt*.
Thie [ Since
j Week. { Sept. I.
1,0 00
29,000
33,000
14.000
23,000
A c c o r d i n g t o th e fo r e g o in g B o m b a y a p p e a r s t o s h o w
a deoream c o m p a r e d w i t h la s t y e a r in th e w e e k 's r e c e ip t s o f
4,000 b a les a n d a n increase in s h ip m e n ts o f 9,00.) b a le s , a n d
t h e s h ip m e n ts s in c e d e p t, l s h o w a o increase o f 15,0)0 b a le s .
T h e m o v e m e n t a t C a lc u t t a , M ad ras a n d o t h e r I n d ia p o r ts f o r
th e last rep ort id w e e k a n l s in c e t h e 1 st o f S e p te m b e r , f o r t w o
r e a r s , h as b e e n a s fo llo w s . “ O th e r p o r t s " c o v e r O e y lo a ,
T u t ia o r in , K u r r a o h e e a n d C o c o n a d a .
Shipments since Sept, 1.
Shipment* f o r the week.
Great { Conti
B ritain J; nent,
QaJcmttu*—
1 8 9 0 ........
18 95........
Madw#-*1 8 9 6 ..,....
1 8 9 5 ........
A ll ottomtr1998 .......
1895........
2,000 f
1,000 j
1,000
2,000 I
1,000?
Total all—
18 96....... .
18 95.........
4.0OO
2.000 [
Great
B ritain. OotMnenl.
Total
1,000
1,000
1,000
1,000
2,000
3,000
1,000
4,000
2,000
1,000
2.000
5,000
4,000
1,000
3,000
3,000
4,000
3.000
4,000
e.ooo
0,000
9,000
10,000
2,000
3.000
6,000
5.000
7.000
7,000
8.000
9,000
15,000
16,000
...... {
EXPORT* TO KUROPB PROW AM.
Shipm ent,
to all Surope
from —
T otal
...
IN D IA .
1894.
1.890,
1895.
Thi. ) Since
week, ! Sept, l .
ThU j Sines
week. ‘ Sept. 1.
Bom bay . . . . . .
All other port#
Total.
Thie
week.
Since
Sept. 1.
9,000
6.000
24,000
15,000
5.000
9.000
10,000
2,000
4,000
12.000
18.000
15,000
39,000
5,000
25,000
6,000
30,000
A l e x a n d r i a R e c e i p t s a n d S h i p m e n t s . — Th r o u g h a r r a n g e
m e n ts w e h a v e m a d e w it h M essrs. D a v ie s , B e n a c h i & C o ., o f
L iv e r p o o l a n d A le x a n d r ia , w e n o w r e c e iv e a w e e k ly c a b l e o f
th e n o v e m e o t » o f c o t t o n a t A le x a n d r ia , E g y p t . T h e f o l l o w i r g
a r e tu g r e c e ip t s a n d s h ip n e a t s f o r th e p a st w e e k a n d f o r th e
c o r r e s p o n d in g w e a k o f t h e p r e v io u s t w o y e a r s .
h is Ptn4ria,i So ifpi,
September 21.
1895.
1890.
(oaio6ae»
Tain Wmh,
m nm Septa t . . . a ____
60,000
101,000
i
!
09.000
93.000
|
1894.
19,000
1
55.0110
This 1 Since. i Th is * Since j This , Since
1 week. :S ep t 1, : week. Sept t. week. Sept. 1.
Wkmrtn Omimi—
To lAverpool , . . . . . .
Tt» Ckratlemat ♦
3.000
1.000
T otal Europe.
4.000
m.
1.# if
6.0CK):)| 1,000
4,000 2,000
10,000
3,000
1.000
6,000
8 000
3.000; 16,000
7,000 1 (7)00 22,000
IMF?* il si f*j.
1 Of whlcn to A I. -lo » In IsdO. toil bales: In 1895, 590 b*lo»i In
1894, - bates.
Savannah ..........................
Charleston, & c.................
Florida, & o .......................
3,276
472
7,090
910
1,607
395
2,161
250
7,901
1,482
1,015
2,170
251
139
T otal___.*.....................
3,748
8,000
1,802
2,411 10,398
2,560
T h e -ix oorcs f o r th e w e e s a u it n g t h is e v e n in g r e a c h a t o t a l
o f 186 b a les, o f w h ic h 186 b a les w e r e t o G rea t B r ita in , —
t o t r a n c e a r il —— to R i v a l , a n d th e a m o u n t f o r w a r d e d to
N o r th e r n m ills has b e e n 95 b a les,
B e lo w a r e th e e x p o r t s
f o r th e w e e k a n d s in c e S e p te m b e r 1 in 1898 a n d 1895.
Exports
fr o m —
H're* Snding Sept,25. Since Sept. 1 ,1 896 ,
TTorth’ n Mills.
Great Pr'nee
(treat Er'nce
Total. Brit'n. <&c.
Total.
BriTn.
<«c.
Since
Week. Sept. 1,
S’ vann'li. Ao
Ofcttri’t’n.&o
Florida, &o.
New Y ork ..
B o s to n ........
B a ltim ore..
” i¥ o
'T a e
"3 5 1
"To’ 6
‘T si
T ota l........
186
186
351
100
451
95
......... _____ ......
150
1
80
81
73
175
Total 1895..
95
.........
150
...... ......
A c o n s id e r a b le p o r tio n o f th e S ea I s la n d c o t t o n s h ip p e d t o
f o r e ig n p o r ts g o e s v ia N e w Y o r k , a n d s o m e s m a ll a m o u n t s v ia
B o s to n a n d B a lt im o r e . I n s t e a d o f i n c lu d in g th is c o t t o n f o r
th e w e e k in w h ic h it le a v e s th e S o u th e r n o u tp o r ts , w e f o l l o w
t h e s a m e p la n as in o u r r e g u la r ta b le o f in c lu d in g it w h e n
a c t u a lly e x p o r t e d f r o m N e w Y o r k , & c , T h e d e ta ils o f th e
s h ip m e n ts o f S ea I s la n d c o t t o n f o r th e w e e k w ill b e f o u n d
u n d e r th e h e a d “ S h ip p in g N e w s ,” o n a s u b s e q u e n t p a g e .
Q u o ta tio n s S e p t. 35 at S a v a n n a h , f o r F lo r id a s , a ll n o m in a l.
C h a r le s to n , O a ro lin a s, m e d iu m fin e, 30c.
H a n d -B o o k f o r D a i l y C a b l e R e c o r d s o f A m e r i c a n ,
E a st I n d ia n , E g y p t ia n a n d B r a z il ia n C o tt o n S t a t is t ic s ,
& e .— W e a re in r e c e ip t th is w e e k o f a c o p y o f th e t w e n t y s ix th a n n u a l issue o f th e d a ily c a b le r e c o r d s o f th e p r in c ip a l
c o t t o n c r o p s o f th e w o r ld , w h ic h has j u s t b e e n p u b lis h e d b y
M r. J o h n J o n e s o f L iv e r p o o l a n d L o n d o n . W it h s o m e s lig h t
v a ria tio n s ia o n e o r t w o p a r tic u la r s , a ll th e fe a tu r e s o f p r e v i
o u s y e a r s h a v e bean r e ta in e d , a n d th e p a g e s a r e s o a r r a n g e d
th a t th e d a d y a n d w e e k ly fig u r e s f o r th is y e a r as r e c e iv e d ,
c a n be in se r te d sid e b y sid e w ith th o se f o r th e p r e v io u s y e a r .
T h e b ink w ill be fo u n d o a sa le a t th e o ffic e o f the C o m m e r c ia l
T e ie g r a m B u re a u , 19 B e a v e r S treet.
C o t t o n C r o p in t h e V ic in it y * o f W a c o , T e x a s .— M essrs.
H a r d y , W illia m s & C o ., W a c o , Texas, w rite u s u n d e r d a te
o f S ep t. 31 as f o llo w s :
Since September I ) , weather oondiboua have been m ore favorable.Premature opening bag been checked, while grewth and bloom ing
have neon assisted. Ultimate benefit depends entirely upon the fall,
bat lUe conditions to date are much unproved. Vary little should b e
expected from old cotton unless the fall is remarkably open and other
wise fa vorab le: but young cotton is more prom ising and needs only
an average tail to do fairly well. Ever since tils good rains of August
24 cottou has im proved slowly but steadily; 'his improvemenr is be
en nlog more apparent, but farmers do not yet admit there will be
ultima to benefits because they think rains wore delayed until im prove
ment will be cut o ff by the fall, re rained here Sent. 5 ( 49 inches);
I t (very little); 12 cdui; l!) (very little); 20 (*8 I); and to-day several
light showers. Tic- last three days have been d imp, cloudy and muon,
cooler, but the bntiparaturo h a s ...... . very far from frost. The cottou
p ickedup to date is relatively very large, and from now on farm ers
w ill.).» bettor than they expect unless Insects and early heavy frost
change the p resent outlook.
E g y p t i a n C o t t o n C r o p .— T h e fo llo w in g re p o r t o a th a
c o t t o n c r o p in E g y p t w a s issu ed b y th e A le x a n d r ia C o t to u
A aso n a t io n u n d e r d a te o f A u g u s t 81:
“ Tlo- hr-Rt has continued intense throughout the mouth. Irrigation
was nullloicntly abundant. In no olaoe did w irms appear. In som e
s ihere, wore fogs, but very few in number and light in oharaoter, which occasioned no appreciable damage, T!hanks to th^is com bin
ation of favorable circum stances, the ootton plants have prosperedwell and show »n excellent appearance
...
It Is estimated that the first, picking will commence in the second
h a l f o f September in lower Egypt,
fn npper Egypt and the Fayoum
Uie crop Is now well advanced) Inlin e, reports are excellent and
prospects favorable.”
------<*
THE CHRONICLE.
568
E xports
op
C otton G oods
prom
G reat B ritain . —Betow
we give the exports of cotton yarn, goods, & c., from Great
Britain for the month of August and since October 1 in
1895-96 and 1894-95, as compiled by us from the British Board
of Trade returns. It will be noticed that we have reduced
the movement all to pounds.
Yam & Thread.
Cloth.
lo ta l o f AH.
000# om itted.
1895-96 1894-95 1895-96
1894-95 1895-96 1894-95
1895-96
1894-95
Yds.
Lbs.
Lbs.
485,589 85,291 91,444
448,142 80,667 84,396
433,642 79,016 81,065
Lbs.
110,169
104,431
93,909
Lbs:
115,517
107,330
102.949
68,291 1,271,953 1,367,353 244,974 257,505
O cto b e r .......
N o v e m b e r ...
D e c e m b e r ...
Lbs.
Lbs.
24,878 24,078
23,764 22,934
19,893 2L.284
T o t .ls t quar.
68,535
313,509
325,790
J a n u a r y .......
F e b r u a r y ....
M a r c h ...........
22,696 25,052
21,431 21,597
23,949 24,840
465,164 84,131 89.59)
400,697 87,117 77,173
415,025 84,990 80,000
106,82?
108,538
108,939
114 642
98,770
104,840
T o t . 2d quar.
68,006 71,489 1.332,433 1,280.888; 256.230 210.763
821,304
318,252
T o t a l 6 m os. 136,001 139,780 2,604,380 2,048,239 j501,212 504,208
037,813
044,048
101,473
102,077
88,337
Yds.
442.847
418,837
410,269
437,480
453,009
441,944
A p ril..............
M a y ...............
J u n e ....... .
23,408 24,042
21,756 25,136
23,078 19,740
402,038 77,292 77,431
399,493 74,811 76,911
356,068 83,857 68,597
100,693
98,567
107,535
T o t. 8d quar
68,840 68,918 1,226.470 1.157,5991235,960 223,969
304.800
291,887
T o t a l s m os.. 205,441 208,098 3,830,856 3,805,838.737,172 727,237
912,01)
935,935
110,646
115,123
113,624
106,200
1,079
23,374
1,140
21.180
J u ly ................
A u g u s t..........
401,397
389,016
438,051
483,983
482.139
23,573 21,858
22.401 23.042
470,407■ 93,073 91,766
439,087! 92,719 83,218
S tockings ant
Sundry a rtlcl
T ota l exp arts o f c o t t o n m a n u fa c tu r e s ...................................... 1,198.835 1,178,115
The foregoing shows that there has been exported from the
United Kingdom during the eleven months 1,198,835,000 lbs.
o f manufactured cotton, against 1,178,145,000 lbs. last year, or
an increase of 20,690,000 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 YARNS TO PRINCIPAL COUNTRIES IN
AUGUST, AND FROM OCTOBER 1 TO AUGUST 3 1 .
A u gust.
P iece Goods—Yards.
(0008 om itted.)
1896.
1895.
Oct. 1 to Aug. 31.
1894.
1895-96.
1894 95.
1893-94.
E ast In d ies ............................... 217.890 162.866 198,447 2,027,889 2,035,148 2,321,138
T u rk ey , E g yp t and A fr ic a ...
71,571 04.272 60,121 611,485 750,134 099,452
C h in a and J a p a n ....................... 50.974 54.563 37,110 649,048 473,803 478,872
E u rop e (e x c e p t T u r k e y )........ 21,892 22,505 19,170 263,183 245,154 272,387
S ou th A m e r ic a .......................... 58,583 64,450 51,319 621.369 582,095 450,495
N orth A m e r ic a ........................ 20,547 29,040 23,5» 1 267,92 L 298,177 247,311
A ll o th e r c o u n t r ie s .................. 34,082 34,385 31,021 356,083 329,881 313,715
T o t a l yard 8.......................... 482,139 432,087 427,329 4,790,978 4,714,392 4.789,370
T o ta l v a l u e ......................... £1,713 £4,107 £4,007 £40,759 £43,149 £46,489
Y arns—Lbs.
(000s om itted.)
H o lla n d ........................................
G erm a n y . ...................................
O th. E u rop e (e x c e p t T u rk ey)
E ast I n d ie s ................................
C hina an d J a p a n .......................
T u rk e y an d E g y p t ...................
A ll o th e r c o u n tr ie s ..................
T o ta l lb s ................................
T otal v a lu e ............ .............
C om parative F ort
2,785
4,296
4,090
3,300
3,095
2,103
1,507
3,409
3,144
3.188
3,822
2,213
2,504
1,158
30.601
41,908
42,963
45,857
31,928
19,183
14,826
32,139
43,904
49,117
43,878
25,074
23,845
15,914
41,754
29,281
36,412
37,505
26,640
27,082
11,081
20,213 21,182
Jt8l2
£777
19,438
£752
227,271
£9,115
233,931
£8,481
209,765
£0.682
2,755
3,059
3,033
4,182
3,473
2,29,8
1,442
r e c e ip t s and
D a il y C rop Mo vem en t .
1896.
Sep.
“
“
“
“
“
“
I ....
2 ...
3 ....
4 ....
5 ....
6 ....
7 ....
8 ....
9 ....
1 0 ....
1 1 ....
1 2 ....
1 3 ....
1 4 ....
1 5 ...
1 6 ....
1 7 ...
18---1 9 ....
20 ...
2 1 ....
2 2 ....
2 3 ....
2 4 ....
2 5 ....
LVol .
1895.
1894.
1893
l x iii.
1892.
1891.
10,770
14,844
16,501
20,092
18,003
8.
25,036
26,819
24,245
30,479
30,203
30,329
8.
55,179
43,813
34,768
35,694
42,900
38,066
s.
57,411
49,517
33,550
31.612
48,477
S.
2,036
2,330
971
4,278
3,687
6,468
8.
8,109
9.191
7,619
6,596
9,486
11,319
8.
16,453
16,015
15,710
12,505
19,018
21,753
S.
31,239
25,233
19,634
3,163
8.
9 254
6,702
6,466
5,358
7,418
9,3)4
8.
17,018
13,261
14,860
12,209
22,139
18,158
s.
30,425
27,665
22,147
22,640
27,212
27,492
S.
50,025
28,479
3,051
2,880
8.
3,992
4,435
5,189
5,158
6,153
5,491
8.
9,580
10,876
5,898
8,442
13,416
9,626
S.
19,112
16,868
15,219
14,782
20,2 42
19,691
S.
35,871
1,593
4,353
5,188
8.
11,2*5
6,014
6,407
8.617
12,784
11,666
8.
18,739
17,0)8
11,317
15,829
17,185
14,350
8.
26,731
18,109
18,976
16,736
24,926
18,983
8.
6,898
9,455
6,292
10,346
12,975
S.
21,692
16,901
16,119
17,112
13,391
18,602
S.
38,411
29,678
19,584
26.662
26,118
28,775
s.
51,399
43,458
20,814
30,602
38,338
T ota l. . 719,838
Percentage of total
port rec’ ptsSept.25
250,280
381,823
236,232
233,345
506,622
0484
03*95
05*53
07 08
“
“
••
“
“
“
“
“
“
“
“
“
“
“
“
“
“
02 64
Sh ip p in g N e w s .— T h e ex p o rts o f c o t to n fr o m th e U n ite d
States th e past w eek , as per latest mail retu rn s, h av e rea ch e d
80,831 bales.
Total ba l .
New York —To Liverpool, per sfcoamer Nomadic, 956 upland
and 56 Sea Tsland.................................................................. .
1,012
To Hull, per steamers Lorenzo, 201___Pacific, 970...............
1,171
To London, per steamer Ontario, 500.................................. ....
500
To Manchester, per steamer Cuvier, 400 upland and 130
Sea Island........ .................... ............... ....................................
530
To Havre, per steamer La Touraine, 250
....... . . — . . .
250
To Bremen, per steamers Alter, 505___Karlsruhe, 2,299—
2,8<»4
337
To Antwerp, per steamer Westerolaud, 337 ..........................
To Genoa, per steamers Italia, 873 ...Pocahontas, 2 0 0 ....
Werra, 440........ ...................................................................... 1,522
To Trieste, per steamer Pooahoatas, 3 7 0 . . . . .........................
370
New Orleans—To Liverpool, per steamers Pascal, 2 ,0 71 ....
West rndian, 2,956................... ............ .................. ............ .
5,027
To Bremen, per steamer Elsie, 3,477...................... ....... ........
3,477
.....
400
To Antwerp, per steamer Cayo Mona, 400........... ...
To Genoa, per steamer Portuguese Prince, 5,303.................. 5,303
G alveston—To Liverpool, per steamers Avona, 1,011. ..Nioeto,
5, 57
Polyo-irp, 7,138 ...R 'ta , 5,680............................... 19,286
To Manchester, per steamer Avona, 3 ,1 50 .................... . . . . 3,150
To Hamburg, per steamer Remus, 200.....................................
200
To Cjpenhasren, per steamer Grantor. 1.500....... ............. .
1,500
8avannah-t-T o Barcelona, per steamer Pawnee, 4,450........ —
4,450
To Genoa, per steamer Sicilia, 3,500....................................3.500
Charleston—To Liverpool, per steamer Bona, 7,289................
7,289
To Bremen, per steamer LovsGakken, 5, •<><)...................
5,000
Wilmington—To Bremen, per steamer Sandhills. 6,357............. 6,357
Boston—1N> Liverpool, per steamers Cestrlan, 3,099 ...M ichi
gan, 552 ...Scythia, 350 ...Victorian, 2,079 upland and
100 Egyptian.................................
6,180
Baltimore - To Bremen, per steamer Roland, 950 . . . .............
950
Philadelphia - T o Liverpool, per steamer Indiana, 4 3 ............
46
8an F rancisco—To Japan, per steamer City of Rio de Jaaiero,
220.................................................................................- ..........
220
T otal..............................................................................................
80,831
The particulars of these shipments, arranged in our usual
— A comparison of the port m ovem ent by weeks is not
accurate as the weeks in different years do not end >n the form, are as follows.
Ant- B'loJia,
same day of the month. W e have consequently added to our
ManBremen werp A Genoa
chesL r ,
other standing tables a daily and m onthly statem ent, that
& Sam- Copen- and
LiverBull
<
f.
the reader may constantly have before him the data
r
pool. London. Havre, burg. hagen. Trieste Japan. Total.
337 1,892 ,
seeing the exact relative movement for the years named, New York. 1,012 2,201
250 2,8U4
___ . ..... 3,477
400 5,S03
The monthly movements since September 1, 1895, and in N. Orleans. 5,027
........
200
1,500
..... .....a 24,136
3,150
Galveston..
19,286
previous vears, have been as follow s:
7,950
. ............ ...... . 7,950
Savannah...............
Charleston. 7,289 ...... ........ 5.000 .....a ........ ...... 12,289
6,357
..... ........ 6,357 ........ ...... ........
Wilmingt’n
......
Monthly
Fear Beginning September 1.
6,180
. . . . . . ...... ...... ...... . ......
Boston. ... 6,180
Receipts.
950
........
9‘ 0 ...... . __ _ ......
Baltimore..............
1895.
1894.
1890.
1893.
1892.
1891.
46
PhlladeTa..
46 . ..... ...... . ...... ...... ........ ......
220
220
Bept’mb’r 383,886 518,762 377,408 105,355 676,823 732,236 San Fran............... ........
........ ........
Ootober.. 1,202,460 1,622,661 1,311,269 1,135,473 1,532,426 1,365,231
220
Total.... 38,840 5,35 L *250 LS.788 2,237 15,145
Hovemb’r 912,759 1,607,662 1,277,776 1,125,855 1,370,909 1,145,416
Below we a id the clearances this week of vessels carrying
Decemb’r 987,899 1,497,560 1,239,738 930,029 1,215,144 1,195,063
cotton from United States ports, bringing our data down to
January
548,118 938,197 687,028 436,457 665,162 859,979
February 441,776 533,398 330,504 291,648 658,855 535,273 the latest dates:
—To Liverpool—Sept. 21—Steamer Texan, 4,901.
Marob. .. 321,313 532,251 257,163 241,750 376,400 427,702 Galveston
To Havre—Sect. 22—Steamer Myumba, 7,168.
A p r il___ 211,308 372,770 217,600 202,158 251,52* 298,132
To Bremen—Sept. 17—Steamer Britannia, 6,257.
To Rotterdam—Sept. 24—Steamer N. rge, *00.
124,076 158,135 126,011 129,905 192,895 196,018
New O kleans—To Liverpool-Sept. 19-Steamer Orion. 5,506.
J u n e.......
54,434
95,682 101,161 101,834
61,441
65,998
To Manchester—Sept. 2 1 —Steamer Knntsford, a,ooO ...Sept. 24—
22,909
J u ly .......
31,783
61,525
49,852
43,962
Steamers Cuban. 4,710; Guido, 3 , 4 5 0 ; Mira, 7 ,1 j o . ...Sept, 2 5 22,295
Steamer Vesta, 6,400.
A ugust. . 181,501
16,647
53,815
54,138
51,387
88,608
To
Havre—Sept. 19 -Steamer Alioia, 5,823 ...Sept. 22—Steamer
2,436
■Correct’ n
14,501
9,006
3,696
378
11,699
Cordoba, 6 ,7 6 8 ....Seoc. 23—Steamer Bentala 5,o74.
To Bremen—Sept. 23—Steamer Cabral, 5,107.
Total... 5,394,875 7,882,163 5,983,392 5,124,476 7,157,542 6,993,150 Savannah — To Bremen—Sept. 21—Steamer Abarenda, 6,850.
Pero’tage of tot. port
To Hamburg—Sept. 21—Steamer Brialcbu-n. 50 ).
B runswick — To Liverpool—Sept. 23—steamer St. Fillaus, 5,831.
receipts Aug. 31 . 10000
99 95
99*80
99*73
99*87
C harleston — To Barcelona—Sept. 18—Steamer Granada, 2,900.
Corrections.............
00-00
00-20
00-27
0 013
0 005
To Bremen—Sept. 24—Steamer Otter<pool, 8.8'Hi.
100-00
100-00
Wilmington — To Liverpool—Sept. 25—Steamer Ormesby, 9,216.
Total port receipts. 100-00
100-00
100*00
To Bremen—Sept. 2 1—Steamer Thurston, 5,715.
This statem ent shows that up to August 31 the receipt
Boston—To Liverpool—Se ,<t. 21—Steamers Corinthia, 350; Saohem,
511 ...8ept 23—Steamer Philadelphian, 149.
at the p ires this year were 2 ,481,2 ii otles less than in
ore — To Liverpool-Sept. 2 i -Steamer Ikbal, 53.
1894-95 and 583,517 bales le3S than in 1893-94.
The daily Baltim
To Bremen -Sept. 27—Steamer Dresden, 1,800.
receipts since tha 1st of Sapcem^ar in each of the last six P h ila d e l ph ia —To Liverpool—Sept. 18—Steamer Pennland, 200
3 an F rancisco —To Liverpool—Sept. 15—Ship Afghanistan, 7.
years have been as follows.
THE (JHUONLCLE,
September 26, isa6.j
C o t t o n fr e ig h t s t h e p a st w e e k h a r e b e e n a s fo llo w s .
Satur.
Mon.
Wednes.
I ties.
Thurs.
FVl.
U y e rp o o l...........J .
I»84
5%,
‘V,
“ 64
i
...
Do
............ d.
...
35 5
35 §
33 5
33 $
H a vre....... ...........e.
3.>' }
35’ §
D o ............... ,.e,
Brem en, O c t ___d.
U« » S 8 11r.i®sie 11n ® 3i(
...
...
...
...
D o ............... d.
582
H am burg, N ov ..d .
6Ja
hs
533
*»
, ...
....
....
« .. .
........... d.
....
Do
A m sterdam ___..e . 3 0 »3 5 t 303351 3 0 3 3 5 : 303355 3 0 J 3 M 3 9 3 3 5
%
%
%
B eval, v. Hamb..d.
%
%
%
Do v. H all...«r.
15a.
15st
ls«4
la« i
“ S4
. ...
...
.*»
Barcelona...... ...d .
...
G e n o a ................. d.
S.8
sI8
3i«
81*
hs
*14
Sis
s 13
T rieste.. ............ d.
31«
*18
sw
*ia
5 3
A ntw erp..............d.
Shi
&32
*aa
6a
Ghent, V.Antw’ p .il
s.s
. Sis
*■«
Sis
i Gents net per 100 tbs.
* Peahe.
5 A a i 3 par cent.
L iverpool. —By cable from Liverpool we hare the following
statement, of the week’s sales, stocks. A c., at that port.
Stpl. 1
Bale* of the week........ bales.
Of which exporters took —
O f w hich speculators to o k .. j
36.000
1,200
1,100
31.000
0.000
Sept. 11
Sept, 18. SepL 25
40.000
47.000
uoo
900
39.000
1,000
700
45.000
4,000
57.000
336.000
273.000
25.000
23.000
33.000
Sales American..................
2,000
5,000!
Actual export. ......
....<
40.000
50.000
45.000
Forwarded........ ...................
Total . hrek—Ex*imafe! ......; 482.000 43 4,000 423.000
Of which Amorteaa—Estta'ii. 337.000 335,000 303.000
21.0001
11.000 22.000
Total Import of tike week.......
20,000
15,0001
Of whlrh American...........> 11,000
53,000
88,000] 101.000
Amotsot afloat............. .........
10 ,000
50.000,
35,000)
O f which Am erican........ —
45.000,
95.000
The tone o f the Liverpool market for spots and futures each
day of the week ending Sept. 25 and the daily closing prices
o f spot cotton, hare been as follows.
Spot.
8*x£ttT&i&ij Monday. Tuetday. WttFday. l%ur$d‘ y. Friday.
Market, 1 s nwn
1:45 r. st, J imqairy.
M tAUpt’d*,
deemiuL
Easier.
4%
*®sa
Modemte In buyers*
favor.
demand.
4U i9
411,8
4 U ,0
6.000
8,000
8,000
10,000
8,000
10,000
300
500
500
500
500
500
INritonftk
nt ttftm* »t Bt&mXr at St©artr At Steady at
M arket. ( Bimdr « i U*n 4 4-«4
z~tn de%m. «4- a-iu-w&j* *n SMH tie.
1:45 r. tt. ( ftdTMiee. &dvam&b.
eilne.
wmm.
decline.
eHne.
B ales..........
Spec. A exp.
M arket, )
4 F. 54. {
Qtttet.
Bf»r©ly
Steady.
Steady.
Quiet and
steady.
Steady.
The price* o f futures at Liverpool for each day are given
below. Prices are on the basis of Uplands, Low Middling
clause, unless otherwise stated.
Sat n r .
Sept, 10 to
S e p t . 23.
12%
1
.H<»n.
l;45
ML P.» e. H.
T ik e s . ; W e d .
1:45
4
1:45
4
T liu r * .
1:45
4
Fri.
1:45
4
P. M. I*. M, I*, w. r . m . P. w. f . M. P. M, P. M. P.M .
d. d . , d . j 4 . <(. <1.
September. t 35 1 37 1 40: l 39 •i 39 I 37
8epL-Oet... 4 3 » 4 31 1 3(1 4 34 4 34 l 32
O c h - N o v . . , 4 20 4 28 132 t 3 I l 31 4 29
Sbv.-Dee. 4 24 1 26 1 30 l 28 1 23 4 27
Dee. -J * n . . . 4 23 4 25 1 30 1 28 4 28
3»n-.Pei. ... 4 23. 4 35 4 29 4 28 4 28
Feb-March. t 24 1 2H l 30 l 2 ' 4 28
M eh.A pril.. 4 25 4 27 4 30 4 28 4 2 8
A p ril-M a y . 4 26 4 27 1 i l l 19 4 29
M *y-Ju n*,. 4 27. 1 3814 81(4 2ft: 4 2<
JnnwJoijr., 128 123: l 32 1 29 I 2 9
J n ly .-A iu ;,,
d.
1 35
4 80
4 27
1 24
l 27 4 24
4 20 4 24
1 27 4 24
i 27 4 21
4 23 4 25
4 28! 4 25
4 i d i 26
d
37
4 32
4 29
4 id
1 20
4 26
1 26
4 27
t 27
4 20
4 20
1
d.
77 d.
d.
4 35 1 35 4 31 1 31
4 31 1 30 4 29 4 29
4 2 7 4 2 1 2 14 20
1 25 4 24 l 23 1 23
4 2 I l 211-1 23 123
1 2 i l 24 4 23 1 22
4 25 4 2 4 .1 23 1 23
4 2.5 1 24:4 23 4 23
l 25 4 23:1 2 1 I 21
4 20 4 25 121. 4 24
4 20 1 20 4 25 4 25
....: .....
spot market was firmer but dull, no sales having been re
ported No, 2 red winter was quoted nominally at 731^o. f.
o. b. afloat; No. 1 hard Duluth at ToJ^o. f, o. b, afloat and
No, 1 northern Duluth at T3%o. f, o. b, afloat.
•XILV CLOSING PBICES OF NO. 2 RED WINTER WHEAT.
0.
M on.
T u es .
66 %
66 %
6 7 ’-4
67%
68 %
69
72
67%
63%
71%
Wed,
69%
69*8
70^
79%
73%
T h u r s.
FH.
711*
69 %
69%
70%
71%
74%
71%
72%
73%
76%
Speculation in the market for Indian corn futures has been
quiet, and although the crop movement has continued fairly
lree, prices have advanced in sympathy with the improve
ment in wheat, which stimulated something of a demand
from “ shorts" to cover contracts, In the spot market a
moderate amount of business has been transacted with ship
pers. but almost exclusively for forward loading. There
has also been a fair business transacted at outporfcs. The sales
made yesterday included No. 2 mixed, October to May delivery,
on the basis of 23-Ve f. o. b, afloat, spot delivery. To-day
toe market was quiet but steady. The spot market was fairly
active and firm. The sales include! No. 2 mix9d at 27c.@
271jC. in elevator and Sd3.@28^c. delivered; also for Oct.Nov. delivery on the basis of syjgs. f. o, b. afloat, spot de
livery.
D A ILY CLOSING PBT’ Sg
September deliver?......a.
Oetober delivery............o.
December delivery___ o.
May d eliv ery ....... ...... 0
Sat
2>i%
26%
24%
30 ->j
OP VO.
Mon.
26%
26%
24
30%
2 MIXED <30BN.
Tue*. Wed. Thurt.
26%
2«Sg
27%
30%
27
27%
24%
30%
P-t,
27%
27%
28%
30%
27%
27%
28%
30%
Oats for future delivery have continued quiet, but prices
have in t h f fractional advances in sympathy with the rise in
the wheat and com markets. Ia the spot market only a lim
ited amount of business inis been translated, as shippers, as a
rule, have b-en below the market, and the advance ia prices
has checked the demand from the home trade. The sales
yesterday included No. 2 mixed at
in elevator and No.
3 white at 2117;. in elevator. To-day the market was quiet
and unchanged. The soot market was fairly active and firm,
The sales included No. 2 mixed at 2lc. in elevator and No. 2
white at 24c, in elevator.
D AILY OLOSIHO PR IO 08 OF SO , 2 SOXBD OATS.
Sat.
.0. 20*3
tit 20%
December delivery. . . .o. 21%
Mon,
20%
20%
21%
Tuee.
20%
21
21%
Wed.
21
21
22
Thun.
2L
21
22
Fri,
20 ^
21
22
Rye and barley have been in demand for export and prices
have advanced.
The following are closing quotations:
FLOOB
Fine ................ 3 bbl. *1 no® 2 00 Patent, w inter........... $3 601* 4 0 0
S u p erfin e................... 1 8 ) 4 2 20 City m ills ex tra s____
4 00
Extra, No. 2 ........
2 10® 2 40 Eye flour, superfine.. 2 40 9 2 75
X 50
Extra, No. 1............... 2 50® 2 75 Buckwheat f lo o r .....
Clears.......................... 2 75-V» 3 25 Corn meal—
Straights.................... 3 25 9 3 50
Western. &o..........
1 90® 2 00
B randywine..........
2 05
Patent, spring.......... 3 5J® 3 90
l Wheat flour in sacks sells at prloea below those lo r barrels.]
GRAIN.
o.
Corn, p er bush—
W h e a t0.
Spring, per b a sh .. 08 ® 78
West’n m ix e d ....—
76% No. 2 mixed..........
Red w inter No. 2 .. 74 0
Red w in ter.. . . . . . 69 ® 76% W estern y e llo w ...
Hard, N 1 ............ 75 ® 75 % W estern W hite___
22
R y e—
On te—Mixed, per bn. 18
29%
Western, per bush.
White...................... 21
22
State and J e r se y ..
wo. 2 m ixed ____ _
21
. . 24%® 25% B arley—W estern—
No. 2 white.
F e e d in g ..............
e.
24,%®
27 % »
27%®
27%®
29%
29%
30
30
38 ® 41
38 ® 42
35 ® 39
32 ® 33%
The movement of breadstuffs to market as indicated in the
statements below ia furnished to us bv the Statistician o f the
New York Produce Exchange We first give tne receipts at
Western lake and river ports, arraaged so as to present the
comparative movement for the week ending Sept, 19, 1890,
and slice sYugust 1, for each of the last three years:
B e r n ip m m -
B R E A D S T U F F S .
S a t,
66 I-3
66 %
,0. 67%
.0. 63%
,0. 71%
52.000
1,000
2,200
569
P lm i*.
m eal
O orn .
O ats.
B a rley.
Rue.
BbtM.liM'bs B a s h M i b s B u sh.bS tb$ Bwsh.H'Z U)s B a sh . 4816s Bush.50 lbs
2,H 7,«50
89,535
184,750
C h ica go,. . . .
782,242
1,670.410
50.5S3
v, September 25. 1898
18,3 30
318,000
48,000
178,750
152,800
M ilw ankeo.
38,780
There haw been a decided ad ranee in the prices for wheat D o lu t h .......
94,078
14,383
139,295
63,991
127,0.15 2,525,810
flour. The rise in values, however, has had a tendency to M in n eap ’ lis
4,0)0
188,950
2,120,840
2,403
check business ; still, as jobbers hare been working on smatl T o le d o . . . . .
22,000
505
316,000
34,800
21,806
04,230
34,358
4,700
31*800
stocks they hare been forced to take some supplies, and in D e t r o it ......
12,842
34,204
1,704
71,078
this way a moderate amount o f business has been transacted. Cleveland ..
380 575
213,30 J
3,203
33.52 >
414,140
3,759
Rye flour has been firmer but quiet. Buckwheat flour ha3 St. Lm ilfl...
200,000
254 550
9,000
24.200
8,400
been dull. Corn meal has been in limited request an I prices Peoria . ...
210,40)
88,000
159.000
hare been firmly maintained. To-day the market for wheat K ansas City
200,389
2,305,751
3,536,637
480,004
T o t .w k .W
278,855
0,742,703
flour was fairly active and firm.
3,851,07(3
2,43), VU
35,184
m tm s
8,877,815
1,491,82?
The speculation in the market for wheat futures has Sam e w k.’a:»
3,357,780
1,875,995
75,901
2,004,800
370,347
5,779,054
broadened considerably and at times, particularly during the Sam e wfc.’ iH
latter part of the week, the trading was excited, prices ad S in ce A u q .X,
1,233,298
2,237,224
2,031,29-) 33,959,929 25,135,133 23.970,38.5
18 9 6 .........
vancing sharply on active buying for investment account,
530,413
3,544,831
1,872.720 3 {.980,133 17,231,744 21,070,53?
.........
stimulated by stronger foreign advices, accompanied by buy 1805
R
Og-»
H
Q
»
-171,052
12 859.3 n 3 21 8 U 04^
2 . 0 ?fH
1S04. . . . .
ing order* and a decreasing movement of the crop at the
The
receipts
of
U
piraad
grain
at
the
seaboard,
ports
for
the
Northwest. Ia the spot market only a limited amount of
bum ness baa been transacted, as a sharp advance in prices weak ended Sept 19, 1896, follow:
R ye,
B trUy,
Fner, SVSsit. C <” 'l,
Oite.
has had a tendency to check trade. The only transaction re
b a sh .
bush.
Reee TDt.iot~
bhl'.
bum,
b-nh.
bintt.
ported yesterday was a sale of ungraded winter, but the terms New York............. U 4 t t l 4.019S75 SM.iO) 815,409
89 759 170,175
2.131
.......................
K i.hM
240.9 V
is o .h ii
155,181
were kept private. It was reported, however, that a fair ex BMoston
08.759
870,571
315,070
40.820
port business was transacted at the interior markets. To-day P hontreal.....................
7’S
ila d e lp h ia .............
L .H t
H I .as*
«0.081
40,033
lt im o r e ................. 1 U ,S 4
27,.lH i
515,m
22 MOO
the market was weaker during early ’Change under free sell B a........
1,038
ns ............
i.im
18.31.0
A.iio 1 l.sW
ing both for “ lone" and ’ ’short" account, prompted by easier N ew O rle a n s ............. M .o U *»>,*•«
80,180
<,1.245
foreign advices. Toward the close, however, there was re
90,837
2 '0 ,8 4 l
Total week.........—484*0 a eoi.srs 2.111.810 1,421,5)4
3,075
10,043 newed buying and prices advanced sharply, closing firm. The W e e k 18.15.................. 444,0.1.1 1,4:2,839 L 104,513 87-1,0)3
P r id a
THE CHRONICLE
570
T u b total receipts at ports named i n last table from Jan. 1
to Sept. 19 oompare as follows for fonr years:
1895.
11,72 5,313
1894.
11,5 23.150
1893
13,333,3 LO
W h e a t .............. .bush., 42,912.906
•• 65.155,742
»* 48,721.514
»•
6,311,9 s5
"
2.904.44S
R y e ................. .
26,731.08 5
35 4 54.645
28,825.955
1,593,2 53
34 5.124
3 >.353.539
34.l25.0L0
8!,123 745
2.029,699
244.5S3
71 501.910
39.-5*56,57 8
36.610 630
2,700,513
910 014
T o ta l eraln .......... .165,036.571
90,966,112
110.176.639
151,149,480
R eceipts o f —
F lo u r ...................
1896.
, 8,883,316
The exports from the several seaboard ports for the week
ending Sept. 19, 1893, are shown in the annexed statem ent:
B ye,
bush
182,300
Peas
bus *1.
10,794
Corn,
bush.
476.096
183,586
202,973
1L9.500
325,466
8 iO.947
350.112
17,000
331.361
Flour,
bbl*,
101.805
19,503
199
9.122
26,298
16,9^0
10,700
23,138
40,062
Oaw.
bush.
213,617
27,6.9
356
69,377
25,485
2 400
62,334
T o ta l w eek . . . . ..1,912,^66 2.920,076
Sam e tim e 1895. . .. 986,4 j7 1,533 489
247,° 10
311,149
311,634
53,801
210,416
75,528
9,008
E x p o rts fro m —
N ew Y o r k ..............
W heat,
bush.
P h ila d e lp h ia ......... . .
..
N ew O rleans......... ..
162.053
285,025
171,000
N ew p ort News . .
M on trea l................
225.145
8,571
005
[V o l . LX III,
spring, but in moderate re-order demand ia fall lines. Flan
nels, blankets and carpsts are quiet.
Domestic Cotton G oods —The exports of cotton goods
from this port for the week ending Sept. 21 were 4,233
packages, valued at 8185,480, their destination being to the
points specified in the tables below:
N ew Y ork
Sept . 21.
to
Great Britain...............
Other European..........
Jtnna ..........................
India. ..........................
Arabia...........................
Afrioa .........................
West I n d ie s ..............
Meiloo.................. ......
Oentral Amerioa..........
loath Amerioa..........
Ofcner Countries..........
1896.
1895.
Week. Since Jan. 1.
Week. Since Jan. 1.
128
13
1,661
2
688
178
203
19
2,669
2,035
81,777
3,529
24,305
14,249
9,148
2,037
6,679
36,002
2,944
14
29
4,663
3
1,460
756
721
11
328
1,490
340
3,655
2,051
43,606
3,701
17,512
7,031
12,936
2.062
8.593
44,923
5,742
185.373
23,514
9,815
151,812
19,655
1,230
61
Total.................................
China, via Vancouver*....
4,233
.....
The destination of these exports for the week and since
September 1, 1890, is as below.
W e add the totals for the
corresponding periods of last year for comparison:
203,887
9,815
Total................................ 4,233
171,467
* From New England mill points direct.
The value of the New York exports for the year to date has
------------Flour.---------- , -----------W heat.----------, ------------C orn.-----------.
been 88,166,640 in 1896 against 86,766,704 in 1895.
E xp orts for
W eek
W eek
W eek Since Sevc.
Since Sent.
Since Sept.
1.
1896.
1.
1896
week and sin
Sept. 19.
1. 18k0. Sept. 19.
Sept. 19.
Sales of brown sheeting and drills have been on quite a
bbti
bush.
bush.
661s.
bush.
bush.
Sept. 1 t o —
moderate scale, but stochs are small and prices are well main
501,951 1,230,199
4,527,108
U nited K ingdom 180,050
3,567,726 1,930.862
2.819.610
21,747
71,614
1,308,434
850.737
C on tin en t . . . . ..
712,067
tained. Bleached cottons also are in limiced supply in most
11,705
20.455
77,499
2,400
6,114
B. A C. A m erica
ticke s; the demand is moderate but buyers pay fufi prices.
57,760
101,256
17,525
71,871
W e s t Indies..
14,525
25.025 W ide sheetings are firm but quiet.
6,912
2 t0
B rit. N. A . C ol’s.
Cotton flannels and blan
1,12 1
13,709
4,292
38,738
O th er cou n tries.
4,418
.............
kets in moderate reorder request at previous prices. Deaims
7,524.1 2 are well sold up; sales moderate at recent advances. Ticks are
787,757 1,942,860
4,950,269 2,920.070
T o t a l .................. 247,810
685,776
986,407
2,890,895 1,533,489
3,861.224
T o ta l 1895............ 341,149
firm but quiet, as are plaids and checks and strip -s. Cotr.onades
The visible supply of grain, comprising the stocks in slow. Kid-fiaished cambrics in quiet demand and somewhat
granary at the principal points of accumulation at lake and irregular. Fancy prints are not selling as freely as of late,
seaboard ports, Sept. 19,1898, was as follows:
but good dark work scarce and prices firm. O.her prints
Barley
W heat,
R ye,
Oats
Corn,
very firm with moderate sales. Staple ginghams firm, but
I n store a t—
bush.
bush.
bush.
bush.
bush.
demand
indifferent. Print cloths have at the c'ose of the
197,000
86,000
1,949.000
2,761,000
N ew Y o r k ................... . 3,322,000
23,000
71,000
10,000
71.000
9,000
Do
a floa t.........
week given way l-16c. for extras to 2% c . and %o. for odd
75.000
40,U00
A l b a n y .......................
goods, with a moderate amount of business passing.
154,o66
473.000
752,000
219.000
B u ffa lo ........................ ,. 2,238,000
Do
a flo a t.......
1896.
1893.
1895.
10 4.
97.000
4,280,000
1,881,000
378,000
C h ic a g o ... ............ ..13.219,000
Sept. 22. Sept. 23.
Stock o f Print Olotke—
Sept. 19.
Sept, 21.
Do
a f l o a t . . ..
9 4,000
84, >00 170,000
**3*000
61.000 At Providence, 61 squares. 373,000
is io o o
M ilw a u k e e ................
28,000
Do
a f l o a t . . ..
131,000
At Pall River, 61 squares.. 832,000
19,000
102,000
272,666
280.000
D u lu t h ........... ..........
83,000
137,000
At Fall River, odd sizes...., 700,000
Do
a f l o a t . . ..
T o le d o ........................ ..
711,000
Do
a flo a t.........
D e t r o i t ............ ..........
Do
a floa t.......
24,000
O sw ego............ ...........
8 t. L ou is..................... 3,355,000
Do
a floa t.......
C incinnati...................
B o s t o n .......................
125,000
T o r o n to .......................
355,000
M on trea l.....................
640,000
P h ila d elp h ia ..............
.
184,000
P e o ria ..................... ...
In d ia n a p o lis ..............
K ansas C ity ..............
B a ltim ore................... 1,233.000
M in neapolis............. ..11,716,000
On Mississippi R iv e r ...................
3,176.000
O n L a ce s .................
O n canal and r iv e r .. . 490.000
T otal
T o ta
T otal
T otal
T ota l
Sept. 19.1896.49,056,000
Sept. 12 1896.47.002,000
Sept. 2 1. 1895.39.385,000
Seat. 22,1894.70,1-9,000
Sept. 23,1393.58,693,000
80,000
377,000
85,000
i i,o o o
15,666
34,000
20.000
603.000
83,000
2,000
423,000
44,000
720,000
46.000
53.000
25,000
1,420,000
11,000
100,000
2,085,000
75,000
13,62L,000
13.067.000
5.4L1.000
4.193.000
7.631.000
..................................
285,000
19,000
11,000
233,000
65,000
163.000
131,000
• 355,000
1,905,000
*26,000
3,666
' 25,000
6,000
25.00
25.000
8,006
69,000
350,000
157.000
8,000
974,000
076,000
5,006
74.U00
8,000
* 14,00 *
87,000
478,000
201,000
269,000
8.460.000
8.078.000
3.045.000
7.844.000
4.101.000
1.963.000
1.777.000
614.000
319.000
403.000
1.338.0 0
1.152.000
1,00«,0’*0
1.746.000
529,000
DRY
GOODS
547.0C0
The importations and warehouse withdrawals of dry gooi s
at this port for the week ending Sept. 24, 1896, and since
January 1, 1896, and for the corresponding periods of lait
year are as follows:
2- S g
V tf «•
|V ose.
.
o:
a1
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TR AD E.
N e w Y o r k , F r id a y , P. M ., Sept. 25, 1896.
Buyers have after their recent spurt of activity again
■dropped into a hand-to-mouth-policy with their purchases,
and a quiet week in all departments must be reported. Tnis
market shows no weakening in prices, but the upward m ove
ment has been arrested for the time being at all event?, while
at F 11 River print cloths have given way 1-I6c. to }{c. ner
yard. It cannot be said that sellers here are disappointed.
They have managed to clean up stocks of staple cottons
in moat directions, and have worked prices up to
a
decidedly higher level
than prevailed- some two
or three weeks ago.
Buyers have secured considerable
supplies, most of them cheaper than they could now be
bought at, and time must be allowed them to distribute these
until a fuller demand comes forward again. Seders’ efforts
will be diricted to holding up valu s, and they have no
doubt9 at present about being successful in doing this, as
cotton goods are still much below what they ought to be in
comparison with the cost of raw material. The jobbing
trade bere and elsewhere lias been of fair extent and promises
to last longer than usual during the current season. Collec
tions are reported showing some improvement lately.
W oolen G oods.— In some quarters there has been an im
proved dem .nd for popular fancy woolens reported, fancy
cheviots at from 50c. t " 75c. per yard, as before, being promi
nent in this request. Fancy wool cassimeres in grades from
■80c. to 80c. sell moderately. Fancy worsteds are, however,
indifferent sellers in all qualities. The demand for staple
lines shows no improvement, but prices rule steady. In
some leading makes of Clay worsteds orders for later delivery
are now taken at value only. There is no demand for sat
inets except in small lots, and cotton mixed goods are slow.
Business in cloakings is the best feature of this division, fair
sales being reported in kerseys and rough fabrics. Buyers of
•overcoatings are doing little. Dress goods are slow for
352,000
Im p o r ta tio n s a n d W a re h o u s e W ith d r a w a ls o f D ry G o o d s .
0 :
TH E
204,000
F oreign D r y G oods .— A. quiet market has been reported
in foreiga merchandise of all descriptions during the past
week, re-assorting orders for fall contributing the buls o f it,
and chi-fly for regular goods at regular prices. The demand
for spring lines continues backw ard.
Q M © W as
00 M - to - t o
© M ©W O>©
00 j Cl i^ o MW |5
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© <i to**—"usin
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MA
00$
tO.£
Of45
September 20, isob.]
1HE CHRONICLE.
671
forty-five_ cents of the principal will mature in one year and
the remainder at the rate of §800 annually in from two to ten
years from date of issue.
TE R M S OF SU B S C R IP T IO N .
Proposals will also be received on the above-mentioned day
T h e I n v e st o r s ' S u p p l e m e n t will be furnished for an issue of 6 per cent bonds to the amount of §102 60 for
the same purpose, which will mature part yearly from 1897
without extra charge to every annual subscriber of the to 1906.
C o m m e r c ia l a n d F i n a n c i a l C h r o n ic l e .
Columbus, (5a.—Bonds Defeated.—The citizens of Colum
bus have voted against issuing the proposed $100,000 of 4%
T e e S t a t e a n d C i t y S u p p l e m e n t will also be fur per cent court-house and refunding bonds.
S tate and C ity D £ ? a b t m £NT,
nished
without extra charge to
C h r o n ic l e .
T he
St r e e t
be furnished
of
K a il w a y
without extra
the C h r o n ic l e .
every subscriber of the
Cuthbert, (4a.—Bonds Authorized —The citizens of Cuthbert have authorized the issuance of electric-light bonds to
the amount of $7,000 by a vote of 389 to 4. The securities
S u p p l e m e n t will likewise will bear 6 per cent interest and will mature January 1, 1920,
Principal and semi-annual interest will be payable in gold or
charge to every subscriber lawful
money of the United States at the option of the holder
and the loan will be put upon the market at once,
D elford , N. J .—Bond Sale.—Hiram Beilis has purchased
§16,000 ot local improvement bonds of this place at 101.
The securities bear interest at the rate of 5 per cent, and
will mature in 1916, with an option of call after 1901.
scriber of the C h r o n ic l e .
East Cleveland, Ohio.—Bond News.—Village Clerk N,
TERM S for the C h r o n ic l e with the four Supple
B. Chapman reports to the C hronicle that two bids were
ments above named are Ten ollars within the United received for the $35,000 of water-works bonds which were
States and Twelve Dollars in Europe, which in both offered on September 19, 1898, but they have not yet been
accepted. The 8 ciety for Savings of Cleveland offered par,
cases includes postage.
and the Lampreeht Bros. Co., also of Cleveland, offered par
and a premium of §102, provided the bonds were delivered
on or before November 15, 1896.
Terms of Advertising— P er Inch space.)
O n e tim e ...,.....................
S350
i Tor Months (13 times)..$25 00
Fresno County, Cal.—Bond Election.—The question of
One Month
(* tim es). . 11 00 Six oaths
(26 tim es).. 43 00
Two Months
(8 tim es).. IS 00 1 Tw elve Months (52 tim es).. 58 00 issuing §50,000 t f court-house and jail bonds will soon be
(The above terms for one month and onward are for standing: oards. voted on.
Gloucester County, N. J .— Bonds Proposed.—Jail bonds of
this county to the amount of $15,000 are under consideration,
STATE AND
C IT Y IN D E X.
Ji ftVrsou County, Tex.—Bonds Authorizes.-—Bridge bonds
la this number of the C h r on icle we publish an of ibis county to the amount of $9,000 have been authorized,
Lackawanna County, Pa.—Bond Offering.—Proposals will
index to all sews items printed in this Department
be revived until 12 o’clock (noon) October 1,1886, by the
since June 20tb. For index to items published from County Commissioners for the purchase of $65,000 of 4 per
April 11th to J u re 20th, both inclusive, see C hronicle improvement bonds of Lackawanna County.
Lead, S. Dak.—Bonds Authorized.—Proposals will be re
of Jure 27th, page 1189. In all cases when the item
ceived until 2 o’clock p. m., Oct. 13, 1898, by Mason Tyler,
ndudes later figures of debt, assessed valuation, &c., City Auditor, for the purchase of $27,000 of 7 per cent 20full-face types are used for the reference. Items pub year sewer bonds. The city of Lead has at presen: no in
debtedness of any kind, and the estimated population is 5,000.
lished in to-day's C h ron icle are not noted in the
.Meadt il le, Pa.—Bond Sale.- School bonds of this place to
index. This index will be published the last Saturday the amount of $3,00 ) have been sold to local b .dders at 100
and 101. The securities will bear interest at the rate of 4 per
o f each month.
cent, and the principal will mature in 1906, with an option of
call after 1901.
Milwaukee, W ls.—Bond Sale.—On September 15 City
B o n d P r o p o s a l* a n d N e g o t ia t io n s .—We have re
ceived through the week the following notices oi> bonds- Comptroller William J. Piebrantz soi l $40,000 of sewerage
bonds to the Milwaukee Mechanics’ Insurance Co. at 107.
receutly negotiated and bonds offered aad to be offered for Also $120,000 of public park oonds to Messrs. C. H, White &
•ale.
Co. of New York at the same price. Two bids were received
Ackerman, Miss.— Bonds Authorized.—Court-house bonds on Sept. 22 for school bonds, and the proposal of Messrs.
Seasongood & Mayer of Cincinnati to take $fin,000 at 108 was
o f this place to the amount of §7,000 have been voted.
Binghamton, S V.—Bond Sale.—It is reported that Bing accepted. School bonds to the amount of §L60,000 still re
hamton has sold §12,000 of 4 per cent City Hall bonds to main to be sold, and proposals will be opened on Tuesday,
Sepiember 29, at 10 o’clock a . k .
Inland, Towle & Co. at par.
All of the above-mentioned Joans are dated July 1, 1896, in
Blanc heater, Ohio.—Bond Offering*—Proposals will be re terest at the raie of 5 per cent will be payable semi annually
ceived until Ocr. 8. 1898, by Owen Brown, city clerk, for the on Jan. 1 and July 1, and 5 per cent of the principal of each
purchase of §20,000 of water-works bonds.
issue will mature annually from date.
Boston, Mass.— Band Sale.— City Treasurer Alfred T.
Mount Vernon, N. V.—Bonds Authorized.—High school
Turner reports that §77,000 of 1 per cent 30-year school bonds building bonds to the amount, of $10,000 have been author
have been sold, and that he is offering $700,000 of 4 per cent ized.
40-yeer bonds of the Blue Hill and other avenues loan, at
Niles, Ohio.—Bond Offering.—Proposals will be received
lOtJU, in amounts of $5,000 to $10,000, Proposals for larger
until •:. ,.)!>er 17, 1896, by John L, McDermott, City Clerk, for
amounts will also be considered.
the purchase of §11,000 of 6 per cent paving bonds.
Charleston, s. C,—Bond Sale.— City Treasurer J. O. Lea
Norfolk, V a — Bond Offering.—Proposals will be received
reports to the CTUiOSICt.e that $55,000 of the §80,000 of Charles
ton bonds offered on September 18,1890, have been awarded until 12 o’clock M. October 6, 1896, by the City Treasurer of
as follows :
Norfolk, Va., for the purchase of 4 per cent 30-year bonds to
C. Wilburn, President of the Evangelical Lutheran Chari
the amount of §29,500. The securities will be of the denomi
ties Sf ciety, §2.000, Ht 103-50,
nation of $500 each. In ten Ht will be payable semi-annually,
<J, >1. PcHhzer and others, $12,500, at 103,
Carolina Savings Bank, §40,500 at 1Q2'125.
on March 1 and September 1 and the priucipal will mature
Tbe securities will be dated October 1. 1890, interest will be Sept. 1. 1926.
payable sr ml-aanoally on April 1 and October 1, and the
The official notice o f this bond sale will be found among the
principal will mature Oe'ober 1, 1926.
Cleveland. Ohio.— Bond Offering.— Proposals will be re advertisements elsewhere in this Department.
ceived until October 20 at 12 o'clock m . by H. L. Rrsnter, C ry
North Hempstead, N. J .—Bonds Unsold.—The sale of
Auditor, for §212,000 of 4 per cent Cleveland sewer bonds. $65,000 of 4 per cent gold bonds of North Hempstead has
The securities will be dated October 1,1806, interest will be lieen postponed until after tin coming election as no bids were
payable fetni-anoually at the American Exchange National received when the bonds were recently offered.
Bank and §38 I'M of 'he amount will mature in 100!, §20.000
Owensboro, Kv.—Bond Election —The question of issuing
in 1908, §23 000 in 1905. *23,000 in 1006 and §110,000 in 1926. §50,010 of paving and electric-light bonds of this city will be
No bid will t e entertained unless made on blank form, which decided on November 2, 1896.
can be had on application to the City Auditor.
Portland, o r e .-B o n d Sale-.—It is reported that the $35,000*'College H ill, Ohfo.—Bond Offering.—Proposals will be re of improvement bonds recently offered by this city have been
ceived by V, R, Strong. Village Clerk, at the office of B. F, taken by W. J. Cruthers at par and accrued interest.
Layman. 8
Third Street, Cincinnati. Ohio, until 12
Heading, Pa.—Bond Sale.— It is reported that this city
o'clock, Oct. 10, 1866, for the purchase of $3,003 45 of 6 per has sold $200,000 of bonds at a premium of $3,600.
cent sidewalk bonds of the village. Principal and annual in
Riverside, Cal.—Bonds Authorized.— Bonds of this city to
terest will be payable at the Citizens’ National Bank, Cincin
nati, Ohio. Three hundred and ninety-three dollars and the amount of $13,000 have been authorized. Ten thousand
T h e Q u o t a t io n S u p p l e m e n t , issued m onthly, will
also he furnished
without extra charge
to every sub
572
THE CHRONICLE
dollars of this amount will be issued for the purpose of re
funding bords now due, and the remaining §3,000 for the
erection of a school building. The securities will bear inter
est at the rate of 4 per cent and §5,000 of the principal will
mature in eight years, $5,000 in nine years and $3,000 in ten
years from date of issue.
Saginaw, Mich.— Bond Sate.—This city has sold $27,000 of
Genesee Avenue paving bonds to the Barber Asphalt Company
at par.
8t. Augustine, F la .— Bond News. —The $35,000 of water
works bonds of St. Augustine which were recently authorized
by popular vote will run for 30 years and bear interest not
to exceed 5 ptr cent. They will be issued in denominations
of $100, 8500 and $1,000, and will be offered for sale within a
few weeks.
St. C larksville, Ohio.— Bond Sale.— St. Clarksville electriclight bonds to the amount of $5,000 have been sold to the
First and Second National Bank of that place for a premium
of one dollar. Four other bids were received for the loan.
The securities bear interest at the rate of 6 per cent, and run
from four to eight years.
San Ji se, Cal.— Bond Election.— On October 31, 1396, the
■citizens of San Jose will vote on the proposition to issue
$115,000 of bonds for the purpose of erecting a high school
buildiDg and completing the main sewer.
S p rin gfield, Ohio.— Bond Nate.— The City of Springfield
has sold $11,782 46 of 6 per cent five-year paving bonds.
Stoneham, Mass.— Bond Sale.— Four per cent sewer bonds
of this town have been sold to Leland, Towle & Co. of Bos
ton. The securities mature at the rate of $4,000 yearly from
June 1, 1908, to June 1, 1911, both inclusive.
Tunica, M iss.— Bonds Authorized.— The people of this
town have voted to issue bonds for the purpose of sinking
artesian wells.
Yieksbnrg, Mich.— Bond Sale.—Vicksburg has sold $15,000
of water-works and light bonds.
W arren, Ohio.— Bond Offering.— Proposals will be received
until Oct. 9, 1896, for the purchase of $14,000 of 5 per cent
special assessment street bonds. The securities will be issued
in denominations of $500 each, $1,500 of the principal will
[V ol . LXIII,
mature in 1901, with an option of call after 1898, and the re
maining $9,500 will mature in 1901, with an option of call
after 1897.
Waukesha, W is.— Bonds Proposed— Street and sewer
bonds of this place to the amount of $16,000 are under consideration.
S T A T E AND C IT Y D E B T CHANGES.
W e subjoin reports as to municipal debts received since
the last publication of our S tate and Cit y Supplement .
8ome of these reports are w holly new and others cover items
of information additional to those given in the S upplement
and of interest to investors.
Stevens County, W ash .— The following statement has been
corrected to July 1, 1896, by means of an official report from
J. S. McLean, County Auditor.
County seat is Colville.
LO A N SWhen Due. Tax valuation, real.......$1,514,771
C urren t E x p . and P onding —
Tax valuation, jiersonal 322,771
6s, — , $55,000................ 20 years Total valuation 1895... 1,836,94.2'Bonded debt July 1,1896 $55,000 Population in 1892 was.........5,543
Floating debt.................... 79,536 Population in 1890 was.........4,341
Total debt July 1 ,1 8 9 6 .... 134,536 Population in 1895 (est.)....... 6,000Thurston Connfy, W ash .— Below is a statement corrected
to July 1, 1896, by means of a official report from George S.
Hopkins, County Auditor.
County seat is O ljm pia.
LOANS—
When Due. Bonded debt July 1,’96. $225,000
C o u r t H o u se B o n d s—
Floating debt................
113,167
6-04s............$30,000..Nov. 1, 1911 Total debt July 1, ’96..
338,167
Subject to call after 1901.
Cash in sinking fu n d...
8,699
........ , $20,000. .Sept.l, 1912 Net debt July 1,1 89 6 ..
6s,
329,468
Subject to call after 1902.
Tax valuation, re a l___ 4,450,647
5s, April, $100,000 ...Apr. 1,1911 Taxvaluat’n, personal.
565,382
Subject to call after 1901.
Total valuation, rallr'ds
354,441
F u n d in g B o n d s—
Total valuation............. 5,370,470
6s, ......., $75,000........ May 1,1909 Tax valuation »jn of actual value.
Subject to call after May 1,1904 Populatiou in 1892 was....... 11,080
Interest payable in N. Y. City and Population in 1890 was....... 9,675
O ly m p ia .
Population in 1895 (est.)... 12,000
N E W LOANS.
N E W LOANS.
N E W LOANS.
$ 325,000
$ 130,000
$ 29,500
L EV EE D I S T R I C T
4% BONDS.
CLARKSDALE, M i s s ., J u ly 27th, 1896.
Sealed bids w ill b e r e c e iv e d at th e office o f the
u n d ersigned at th is p lace until T h u rsd a y n oon ,
O ctob er 1st, 1896, f o r th e purchase o f T h re e H u n
d red and T w e n ty -fiv e T h ou san d D ollars $325,000)
o f t h e fu n d in g bon d s o f th e B oa rd b f L e v e e Com
m ission ers f o r th e Y azoo-M ississippi D elta L e v e e
D is trict, said b on d s t o be o f th e d en om ination o f
F iv e H u n d re d D liars ($500) each, due th irty years
fr o m O ctober 1st, 1896, b u t s u b je c t t o call a fte r
tw e n ty years fr o m date, said b o n d s carryin g sem i
an n u al cou p on s a t th e rate o f fo u r per c e n t per
ann um , payable on th e first days o f A pril and O cto
b e r o f each year. Said b on d s are authorized under
a n A c t o f th e L eg isla tu re o f M ississippi app roved
M arch 19th, 1896. N o hid w ill b e co n sid e re d w hich
Is m a d e f o r less th an par an d accru e d interest.
In fo rm a tio n w ill he fu rn ish ed o n app lication to
t h e u n d ersign ed. •
G. R . P A G E ,
Secretary and Treasurer.
$ 25,000
FRANKLIN, LOUISIANA,
6 % BONDS.
S eptem ber l , 1896.
N O T IC E .—U ntil s ix (6) o ’c lo c k o n T u e sd a y th e
F irs t (1st) day o f O ctober, 1896, th e M ayor and
C ou n cil o f th e T o w n o f F ranklin, L ou isian a, w ill re
c e iv e an d con sid er P roposals f o r t h e p urchas e o f
T w e n ty -fiv e (25) T E N -Y E A R S ix P e r Cent (6%)
B O N D S o f th e par valu e Of O N E T H O U S A N D
D O L L A R S ($1,000) e a c h ; all issu ed under the
a u th o r ity o f a Special A c t o f th e L e gisla tu re o f this
S ta te o f th e year 1896 and all in s tr ic t com p lian ce
w ith all legal form a lities and requ irem en ts.
L . B. T A R L T O N , M ayor.
F r a n k l in , L o u is ia n a ,
“ W . N. Coler & Co.,~
BANKERS.
MACON,
GEORGIA,
4K% PAVING BONDS.
30-Year 5% Coupon Bonds
N o tice is h e re b y g iven th a t sealed p roposals w ill
b e r e c e iv e d a t th e office o f th e C lerk o f th e City
C ou ncil o f th e C ity o f M acon , a t M a con , G a., u n til
12 o ’c lo c k M . on T u esd ay, O cto b e r 13, 3896, f o r the
purchase o f O ne H u n dred and T h irty T h o u sa n d
D ollars o f City o f M acon 4 ^ per c e n t P a v in g B on ds,
160 o f w h ich are o f th e den om in ation o f $500 and 50
o f th e d e n om in ation b f $1,000. T h e b o n d s w ill be
dated th e 1st day o f O ctober, 1896. payable in g o ld
c o in th irty years a fte r date, w ill b ea r in te re st at fo u r
and a-h a lf per ce n t per annum , payable quarterly in
coin . P u rch a sers w ill be requ ired t o p>-y f o r the
bonds aw arded to th em , and all in te re s t th e r e o n ac
cru in g a fte r th e first day o f O ctober, 1896, u p t o th e
tim e o f th e paym en t fo r th e bon d s.
P a ym en ts f o r t h e bo n d s m u st b e m ade a t th e office
o f th e City 'J reasurer o f th e C ity o f M a co n at
M acon , Ga.
A ll bids m ust state w h at d e n om in ation o f b o n d s is
desired; paym ents m u st he m a d e at such tim e s as
th e M ayor and C ou n cil sh all see fit to d e liv e r said
b on d s. T h e rig h t to r e je c t an y and all bid s is re
served. A ll proposals shall be in w ritin g in sealed
en velop e, add ressed to th e H o n . B ridges Sm ith,
Clerk o f C ou ncil, M acon, Ga., and shall be m arked
“ B ids f o r B o n d s.”
S. B . P R IC E , M ayor.
O l $ > 500 E a c h , D u e S e p t e m b e r 1 s t , 1 9 2 6 *
In te r e s t P a y a b le M a r c h 1 s t a n d
S e p te m b e r 1 st.
B ids f o r th e a b o v e -u e scrib e d bo n d s w ill b e re ceived
at th e office o f th e City T reasu rer o f N orfolk , Va.
until 12 o ’c lo c k M. Tu esday, O cto b e r 6th, 1896. B id s
m ay b e fo r th e w h o le o r part o f said b o n d s an d m ust
state p rice and a ccru ed interest. P a y m e n t f o r t h e
purchase o f said bo n d s to be m ade in certified ch eck
payable t o th e o rd e r o f th e Cifcv T reasurer, o n any
o f th e City D epositories, t o -w it : C itizen s’ Bank,
M arine Bank. Bank o f Com m erce, N o r fo lk N a tion a j
Bank and City N ational Bank. T h e rig h t t o r e je c t
any o r all bid s is re se rv e d b y t h e F in a n ce C om
m ittee.
H U G H C. D A V IS ,
Chairm an F in a n ce C om m ittee C om m on C ouncil.
J . B. L O W E N B E R G ,
Chairm an F inan ce C om m itte e S e le ct C ouncil.
$ 60,000
City of C harleston, S. C.
Sealed bid s w ill b e r e c e iv e d b y th e u n d ersigned
until 2 o ’c lo c k P . M. F riday, Septem ber 18th, 1896,
f o r S ixty T h o u sa n d ($60,000) D ollars o r an y part
t h e r e o f o f n e w C ltv o f C h arleston bond s, hearing
in terest at th e rate o f five ( b%) per annum , paya ble
sem i-ann ually o n th e 1st o f A p ril a n d on th e 1st o f
O ctober in each year. T h e b o n d s are each o f th e
d en om ination o f F iv e H u n d red D olla rs and w ill run
f o r th irty years fr o m 1st O ctober, 1896.
T b e rig h t to r e je c t any o r all bids or parts o f bids
is r e se rv e d . B ids should be fo rw a rd e d to
J. O. L E A , C ity T reasurer,
C h arleston, S. C.
C. H. Van Buren & Co.,
M UNICIPAL BONDS.
34 NASSAU STREET.
C IT Y o f NORFOLK,VA.S
B A N K E R S AND B R O K E R S,
02 BROADWAY, NEW YORK
STOCKS. BO N D S A N D H IG H -G R A D E
IN V E S T M E N T SECUR1T1BS.
Circular L e tte r, includ ing list o f selected B onds,
M ailed F ree.
$ 100,000
STATE
OF
UTAH
Gold 4% 20-Year Bonds.
D A T E D J U L Y 1, 1896.
L E G A L FO R N E W Y O R K S A Y IN G S B A N K 3 P R IC E ON A P P L IC A T IO N .
FO R SALE BY
ED W D. C. JONES CO.*
421 C H E S T N U T S T R E E T ,
P H IL A D E L P H IA .
80 B R O A D W A Y *
N EW YORK.
W . J. Hayes & Sons,
BANKERS,
DEALERS IN M U N IC IP A L BONDS,
Street R ailw ay B on ds, and o th e r h igh -grad e in
vestm ents.
BOSTON, M ASS.,
C le v e la n d , O h io ,
7 E x ch a n g e P lace.
3 1 1 - 3 1 3 S u p e r i o r S t.____________ Gable Addi'ess, " K E N N E T H .”
SAFE INVESTMENTS.
SE N S F O R L IS T
City and County Bonds.
D I E T Z , D E N I S O N & P R IO R ,.
35
C O N G R E S S S T R E E T , - B O S T O N .*
1 0 9 S u p e r io r S tr e e t, C le v e la n d , O .
THE CHRONICLE.
S eptember 36, 1896.1
Adams County, W ash.—The follow ing statement has been
corrected to July 1, 1896, by means o f an official rep irt from
George Sinclair. County Treasurer.
County seat is Ritzville.
LOANSWArr, Due. N etdebtJuly 1 .1 8 9 6 ... 919.781
C olum bia County, W ash.— The following statement ha 8
been corrected to July 1, 1896, by means of an official report
from A . P. Cahill, County Auditor.
County reat is Dayton.
Bonded debt July 1, ’96.. $38,000 Tax valuation, personal. $645,490
Floating debt..................
68,185 Total valuation 1895....3,307,728
Total debt........................ 106,185 Tax rate (per $1,000)__
20'64
Sinklns fund assets......................... 32,813
Population in 1892 was.........6,397
Net debt July 1,1896___
73,372 Population in 1890 was.........6,709
Tax valuation, real.........2,381,493 Population iu 1880 was.........7,103
Tax valuation 1995......... 1.918,502
State A- Co. tax (per *1.0001 $1 Id s
Population iu 1892 was........ 2.185
Population iu 1990 was .......2,098
Population in 1896 (esL)...... 3.550
CotiBT House Bonus—1892.
6 * . ........... * 2 0 , 0 0 0
- M ar. 1 .1 9 1 2
S u b je c t t o c a l l 1 9 0 2 .
F l o a t i n g d e b t ............ ..............*1 0 ,9 8 -1
T o t a l d e b t . ............................... 3 0 .8 9 4
573
Tax valuation, railroad. 280,745
Cash In treasure................ 11.103
INDEX TO STilTE /AND CITY DEf^NTMENT.
In the following index reference ia mado by the p<ujc number to every item regarding State, city, town or county finances which has been
pabllshed In the present volume of the Chrosiclk . For index to items in volume 62 see Chronicle of June 27, page 1189. Items in the
current number are not noted in the index. Fall-face types refer to latest reports of total debt, assessed valuation, &o. This index will b °
published in the State and City D epartment of the Chronicle on the la9t Saturday of each mouth Items marked * will be found in
Tolnme 62.
_________________________
M3 BamesvUle. Ga........237. 415 B u tler Co., N eb................ 4 7 1
8, C...........
A bbeville,
berdeen. Md.200. 323. 471 Barton Heights. Va~.4»\ 237
am brid ge. Mass. *1187,
Abilene. Ken............... 202 Bay City, Mich............. A ll /C
40. 103. *00,
371
Adam*. Mam......... 11S3, 3oo Bayonne. N. J.............. 371 ' /
40. 1«3.
324
Bellefontatne. 0 .......10. 200 H am den. N. J
Adam* Fire DIM., Mass.
2*7. 277 Bellevue. Pa.............40. 4T1 Garnden C o , N J ............ .5*26
415 [ Belmont. N. Y .............. 3*3 C anton. O — *1187. 3 2 4 . .V24
Allegheny. Pa. .............
*6 ('.«rlata>1t, N. J ...................
40
Allentown. Pa...... ...... 277 Benton liart»or. Mich..
to Carolina Co,. M d .............. 524
Anaheim. CnLAU, 237,277, 471 j Berkley. Va............ .....
to Carthage. 0 ..........40. M3. *00
Aodemin. 8. C............. 44 Herrlen Spring*. Mich
Cascade Co. School D is
417
40 Bethel. Conn...
Apwcbe Co.. Art*...... ..
Archbold. O...........1<K^ 2:rc BUoxl. Miss.................. 237 trict No. 1. M o n t.. .. *1 ! « 7
Cedar Rapid*. Iow a ........ 4 1 !*
to
86 ! Blaine Co, Id*.
ArkAf)«am ...................
Arlington. Mae*........... 1 ' 1187 Blairsvllle. P a............. 200 Cbami*aign. HI................. 4 I
Blauirhard Twp, O----It Charleston. S. C ................ 277
Arverne, S. T. ..124. 237.
823. 524 1Bl*n<be*ter. O. .200. 323, 11 3 GharlesLm. W. Va.
41
C’ harioltesville. V a ........ 4 9 2
Ashland. Wto.. ........... 41* Boston. Maas
40. 88. 371,115, 524 Chester, Pa. 188. 277. 371.
10
Ashtabula. Ohio.
415.
471
m 1Bruddock. Pa. ............. 30
Athens, Ala....... ..to.
40 Bradford. Pa............... 371 «Tiester. S. C ...................... 371
Athena. Ga ......
203 Braintree. Maas.......... *77 j C incinnati Sch. I>lst.. O . 524
Athena Co.. O......
Bristol Co.. Maas........
277 Cleveland. O ... • 11R7. 41,
40
Austin Co, Tex ..
S « . M3. 324. 415.
524
BnK*kton. Mass..........
40
Averyvliie. III..
Clinton Co . n .................... 2 0 3
m Brooklyn. S. Y — 40. SB.
Avon, Maas......... .40.
m
163. tOn. *77. tU, 4 '5 . 524 C oh oe*. N. V ............... 41.
Md.237. 277. 323 Bryan. O.................200. 237 Colum bia. P a .................... S N
Halttmore.
Colum bus. G a .................
23“
am berg. 8. C.................
415 Buffalo. N. Y .•1187.40.
41
634
134. 306 C on shohocken, P a ...........
B u u x o t t . S i e b — 4 0 ,3 7 1 ,
40 C ook C o , 111 ..................... 415
Buruboo. Wl*................
44 Butler. Pa.............. ....
NEW
N E W LOANS
C oraopolis. Pa............103,
C o m o p o lls Sch. D ie , Pa.
H ovington. K y.............41,
Craw furd Co.. In d ............
Prislield. M d ...............
C row ley. L a ......................
Cum berland. I n d ..............
C u th bert, G a .....................
*200
anvers. Mass...............
anvllle. P a ..................
D ayton, o . . . . .. ............
.D e a f Sm ith C o , T e x .......
D ecatu r C o , In d .............
Delaw are C o , Ind............
D etroit, M ich ...................
D exter. M ich .....................
D exter. M o , . . .
41,
D istrict o f C o lu m bia.......
DoiiglaavUJe. Ga .......41,
D over. N. H
................
D ubuque. Iow a-................
D ubuque C o , l a ..............
D ulu th . M ln u...................
80
SO
103
t o r ’s
O r r fC R ,
LOANS.
Chicago,
115 Dearhoru Street.
ble investm ent bonds, the principal and
A
M ORTGAGE LOANS
IN
TEXAS.
COMM188ION* Charged borrower or It
until Inane h a v e proven
prr
good.
i 'K w r i t
s lu m
a
c :o
U K a *TONIO. TK V iK
372
124
41
373
52 6
F
SO
80
471
/ I alnesville, T e x ..... 2 0 4
vT a lvea ton . T e x ............41,
G alveston C o , T e x ........
G astonia, N .C ............... 237,
G eneva, N. Y .................. 87,
471
415
371
4 \
_______________________ 5
LOANS.
S 50,000
City
application.
E . H . R O L L IN S & S O N S ,
53 STATE ST.. BUSTOS. MASS,
cf Milwaukee, W is,
5% P A R K B O N D S .
Dated July 1, 1S96.
A full description o f these bonds, w ith
attractive prices, will be mailed upon
Due in from 1 to 20 Years.
A ssessed v a lu a tio n ......................................... $142,078,753
B onded d eb t ....................................................
0,356,250
W ater d e b t .........................................................
1,654,250
N et d e b t ..............
4,702,000
Population 260,000.
Property owned by tbe city Is valued at.. $19,000,000
P R IC E TO NET 4 P E R CENT.
C.
H.
White & Co.,
72 B R O A D W A Y , M E W Y O R K .
GOVERNMENT a n d
M U N IC IP A L BONDS
D o * IHo I ucm , I a . , S c h o o l ................................... 4 ^ 8
M u n k e g o n , M i c h . , F u n d i n g ............................ 5 m
A mIi Ia n d . Wig., Funding......................... 5 m
B u r l i n g t o n , W I m., S c h o o l ................................5 m
W a t N e k n , 111., S c h o o l ......................... ...............5 m
H o c k R a p i d * . I a . , S c h o o l ................................5 m
N. W. HARRIS & CO.,
Sherman. Texan, Funding...................... 6 m
Fonda, Ia., W ater.................................. 6 m
FOB SALE BY
BANKERS-’
M A S O N , L E W IS & C O .,
BOSTON.
13 W A L L NTKEET.
New York,
Wall S t r e e t ,
200
200
all R iver, M ass.41, 87,
324,
371
Far Roekaw ay, N. Y .......
'21
Fayette C o , (>............
203
Flushing. N. V..................41. 277
IU, Mum ........ 124,
163
Frankfort, N. Y .........
87
Franklin. La. ,1 6 3 ,3 7 1 ,
471
Fredericksburg, V a ........ I I S
Freedom , P a ..............
237
NEW
interest being payable in gold.
CH IC A G O .
CORKR8PONDKX K SOLICITKD.
126
W e ow n variouB issues o f very desira
B o u g h t a n d S o ld .
BONDS.
HO
ss
41
East L iverpool, O .....
S9
East Palestine, O___ 124.
200,
4«5
East R u th erford. N.J.41,
237
East St. Louis, 111.....
SS
K atouton, G a.............
524
Elizabeth. N. J .
.. 2 4 1
Elkland. P a.................
237
E vanston, O ..................... 41, 86
E vanston YVyo_____ *1188, 277
Evansville In d .......... 2 3 0
E verett, M a s s ...........2 3 7 . 415
LEGAL INVESTMENT FOK TRUST FUNDS
AND SAVINGS BANKS IN THE
STATE OF NEW YORK.
9 r . L o r i s . A p ril 30th, 1806.1
To w h o m it m a y c o n c e r n :
Farson, Leach & Co.,
41
41
524
324
L?iik'lc Bend. M inn.........
IjaglM G rove. Ia ___415,
East C leveland, 0 .......41.
103,
I
Notice la hereby given that the bond* of the City
«f St. LouJa, iMued under authority of ordinance
No. 11,028, numbered from ninety five hundred and
ninety u> utnety-aeven hundred and ninety two.
both Inclusive, will be redeemed on the third day of
November, eighteen hundred and nlncty slx. pur
suant to the terms of aaid ordinance No. I2,ct8, and
the term* expreaeed in auald bond*, and tiiat said
bond* will ceaae to bear Intereet on *ald third day of
November. 1*». Said bond* are dated May 3d, 1*«3.
are payable May 1, 1*01, and are redeemable at the
option of the City of St. Loot* at any time after tea
year* from their date.
Each of *ald bond*, when presented for redemp
tion. n u t have the fourteen unearned «u*ml-annu*i
Internet conpon*. numbered from twenty seven to
forty, inclusive. attached.
Tbeee bond* are ealled lu for the purpose of per
manent retirement.
C. P. WALBK1DGK.
L. 8.
Mayor.
ISAAC H. Sri'KOlOX.
Comptroller.
Attest:
II. J. Pocock.
Register.
200
D
N o tic e o f R e d e m p t io n .
Ha
41
320
BANKERS,
P H IL A D E L P H IA .
-
NEW YORK .
31 State St..
BOSTON.
1Y1 L,a Salle 8t„
CHICAGO.
C IT Y O F
NEW
3% P ER
YORK
CENT
WHANN & SCHLESIM EE,
M U N IC IP A L
GOLD BONDS.
D r * NOV EM BE K 1st. 101B.
IN T E R E S T P A Y A B L E J A N . la t A N D J U L Y 1st
Kx.<niLir». Ad m i n i.t r .t‘ Tl>. G u ardian , and o th e r ,
holding tra ct f o n d . are a u th o rtj.d b j en act o f the
New York Leetilatare, paw ed M arch U , lK S B .lo ln rpet tn theae b o n d ,.
P R IC K A N D P A R T 1C U L A B S ON A P P L IC A T IO N
Rudolph Kleybolte & Co.
BANKERS
CINCINNATI, O.
BONDS.
•i WALL STREET,
NEW Y O R K .
THE W ALL STREET JOURNAL
Gives valuableiuforniatlon dally on stocks and bonds
»6 alyear.
Dow, Jones A Co., 44 Broad Street.
THE CHRONICLE.
574
IN D E X
G ibsonburg, O h io ...
G ilm an, 111.................
G ilm er Co., W . V a . .
G len coe. M in n .......... 41 f>,
G len C ov e S ch ool D is
trict N o. 5, N . Y .........
G len R idge, N. J ..............
G lou cester City, N. J —
G olard Co., T e x .........
G ra fton . W . V a .........
G rand Forks. N. D .
Grand H a v en , M ic h .200,
Grand Rapids, M ich.,
G rant Co , N. M .......
G rayson Co., K v ........
Great Falls, M o n t----G reen bush. N. Y ..............
G reenfield, O ..........
G reen Tw p., H am ilton
Co., O h io ..........................
G reen up, 111......................
G ru ndy Co., M o ................
200
87
37 L
471
471
41
527
238
41
SS
277
2 7 it
11
SM
41
87
203
415
237
527
277
agerstow n , M d ...........
41
am ilton, O .................
H am ilton Co., O . . . *1188,
371
H a rold S ch ool D istrict,
D o? A n g eles Co., C a l..
625
H astings. M inn.................
527
H aw k insville, G a..41, 87,
163, 2 7 7
H ick sville, O .....................
237
H tram, O ............ .
200,
277
H old en , M o ................ 87.
200
H ollidaysbu rg, P a ............ 4 1 M
471
H oly ok e, M ass.................
H ou ston , T e x .................
163
H u n tin g d on , P a .............. 3 2 7
H
ndianapolis, I n d ......... .
I psw
ich, M ass.................
Iron ton , O ..........................
Trvington, N. Y .................
Irwin, P a ..................... 41,
471
200
326
87
200
T a ck son , M ic h .......
aeksonville, Fla..
Jam aica, N. Y . . . v___87,
Jam aica S ch ool D ist.,
N. Y ........................
Jam estow n , X . Y ...324,
Jefferson ville. I n d ...
J oh n ston . R . I .. .......
J oh n stow n , P a .......
Joliet, 111...................... 200,
41
471
237
90
41
415
ansas City, M o .......*
in gston , N. C _______
K in ston . N. C.................
K ittson Co., M in n............
417
237
525
41
K
525
525
124
&
STATE
T ackaw anna Co., P a ....
JLia Crosse, W is ................
L a kew ood. O ..............200,
L ansing, M ich ...................
Laurens, S. C ..............415,
Lebanon, P a ......................
L eom inster, M ass............
1.exin g ton . M a s s ........ 87,
TJgonler, P a ....................
Lincoln Tw p.. K a n ..........
L o n g Island City, N. Y . .
L os A n geles, C a l..............
L ou isian a...........................
L ou isiana, M o ..............
L o u isville , O h io...............
L ow ell. M ass.......... *1188,
L u d low , K y .......................
L u nenburg Co., V a . .......
L yn ch burg, O hio..............
Lyn ch burg. V a .................
L yn n , M ass.........41,277,
525
210
371
41
525
163
*1188
124
324
203
238
41
15
525
474
41
MO
41
871
472
324
1i/f aeon , G a ...............200,
H ia d is o n v ille , 0 ....2 7 7 ,
Maraor, P a ..........................
M anchester, N. H .
41,
M arion Co., M iss..............
M artin, T e n n .....................
M ason Co., W a s h ............
M assachusetts__ 87,163,
M ercer Co., N. J ........237,
277, 3 2 4 ,
M eredosia L e v . & D ra in age D ist., Alban y, 111...
M eriden, C on n............. 41,
M iam i Tw p., Clerm ont
Co.. O h io ..............*1188,
M iami T w p., M ilford , O.
M iddletow n, 0 .......... 200,
M ilaca, M in n .....................
M iller’ s Falls, M ass.........
M illstadt, 111
................
M ilw aukee, W is ....... 237,
277, 324. 371,
M in neapolis,M in n. *1188,
41. 87,
M ississip oi..........................
M itchell, S. D . . . * 1 1 8 8 ,
M oberlv, M o.......................
M onett. M o. .....................
M onroe Co.. N. Y ........ 42,
M ontclair, N. J ............ 87,
M on tgom ery, A l a ............
M ontgom ery Co., K y —
M organ Co., In d................
M organtow n , W . V a .......
M oundsville, W . V a .......
M t. A iry, N. C ...................
M t. Pleasant. F ree School
D istrict, T e x ..................
471
415
200
327
415
200
527
237
N E W LOANS.
M ills
TO
371
625
200
F87
103
324
371
237
371
471
277
42
277
203
42
87
163
324
474
3 7 .1
325
42
42
371
AND
C IT Y
D E P A R T M E N T -C o ncluded .
M t. V ern on . In d ............... 3 7 3
Mt. V ern on . N. Y..*1188,
471
M t. V ern on . O h io .......42,
325
M undsville Indepen dent
School D ist., W . V a ....
200
M urphy, N. C .....................
237
P ittsbu rg, K a n ..................
P ittsbu rg, P a .....................
Pittsfield, N. H .................
Pleasant R idge, 0 ...........
P lym outh, 1 1 1 .................
P o lk Co., M i n n .. . . ...........
P ortland, M e .............. 125,
P ortland, O re.....................
P o rtsm o u th , N. I I . . . 164,
201, 415,
P ortsm ou th V a ........ 278,
P ro v id e n ce , R .1 ...........42,
BANKERS.
X T atick . M ass.......*1188,
42
ew ark, N . J .................
237
N ew berry. S. 0 .................
471
89
N ew Britain, C on n ..........
42
525
N ew berg, O re .......... 371,
471
473
N ewberry, S. C. ..............
415 1
New Castle, P a .......... 325,
525 Q u i n c y , M ass....................*1188
N ew H a m p s h ire .............. 3 7 2
N ew port, R. I ...................
415
N ew port News, V a ..........
42 1 T ) eading, P a ........> —
42
N ew R och elle, N. Y .........
200 r v ic h in o n d H ill, N. Y ..
42
N ew ton, K a n .....................
l«4
42 R idley Park. P a ..............
126
N ew ton. Mass — *1188,
42 R ipley. O h io...............42
3 5
N ew ton U n ion F ree Sch.
R iversid e, C al..................
D ist. N o. 4, N. Y ..........
87
125 R o a n o k e . V a
..............
N ew Y ork. N. Y . 42,125,
202
R ocka w ay, N. J ..............
202
101. 200, 237, 277,
325 R oslyn , X. Y .....................
Niles. O hio ........................ 5 2 7
278
R u th e rfo rd . N. J ............
N orfolk. V a ........................
201 R y e U nion F re e S ch oo
N orth T on aw an da. N .Y.,
D istrict No. 3. X. Y ... *1188
4 5 .1 2 5 . ■237
325
N orw ood, 0 ........................
a cram en to, C a l— 202
238
MO
pcram ento Co., Cal. .
f “\ co n to Falls, W is ...87,
20*2
1 6 * . Saginaw, M ich .........164
h io .......................* 1188,
42 Saguache Co., Col —
373
471
Oil City. P a .................
.
42 St. A u gustine, F l a . .. 202
238
125 St. C lairsville, O . . . .
Om ro, W is ..................... 42,
471
O nancock. V a .................
201 St. J o se p h Co., I n d ...
*1188
Orange, M a s s.................... 2 0 3 St. L ou is. M o ..............
164
Orange, N J ..............125,
238 St. Paul, M in n ...............42
165
O regon, M o ........................
471 S alm on, Id a ...................42
471
Salt Lake Co., U ta h ..
O regon City, O re .......201, 4 1 9
525
San F ran cisco. C al.*1188
O ttaw a Tw p., 0 ................
90
525
O xfo rd , M iss. ................
325 Santa Barbara. Cal.. .325
526
Sault de Ste. M arie,M ich
O x fo rd U n ion Free Sch.
42
Dist. N o. 1, N. Y ---- 164, 2 3 8 Sausalito, Cal...................
87
S chenectady, N. Y — 42
415
Scranton.
Io
w
a
238
..........
D a in e s v ille , 0 ............ 87,
372
278 Sea Cliff N. Y ...............43
JL alatka, F la............... 42,
371 Sharpsville, P a .. . 43.202
Palestine. T e x .................
372
278
Palo A lto , C al...................
42
Parkersbu rg, W . Va.,
Sistersville, W . V a ....4 <
202
165
*1188, 4 1 8
43
P a rk er Sch. D ist., S. D . .
238 Spartanburg. S. C ...........
201 Springfield, M ass............ *1188
Passaic Co., N. J ....... 125,
278
525 Springfield, Ohio.
P a tch ogu e. L . I „ N. Y . . .
Paterson. N . J ...................
104 Stafford Co.. V a .............. *1188
526
Penns burg, P a . ..............
4 2 S tam ford, N. Y ........—
472
415 Staunton, V a ...................
P eoria. I ll.........2 3 9 ,3 2 5 ,
43
S tockton, N. J .................
P erth A m boy, N . J . ..42,
45
526
42 Stoneham . M ass------472
Ph iladelphia, P a..............
165
Ph oenixville, P a ..............
8 9 Suisun, C a l....................43
126
42 Sum ter Co., S .C ........ 43
P iqua, O hio........................
S
An Old Favorite With New Features.
TH E
LIVING
AGE,
F o u n d e d b y E . L i t t e l l in 1 8 4 4 .
MUNICIPAL BONDS
B O U G H T A N D SO LD .
B u ild in g ,
16 State Street, B o s to n , M ass.
Blodget, Merritt & Co.,
BANKERS,
16 C o n g r e s s S t r e e t , B o s t o n .
STATE
CTTY & R A IL R O A D BONDS
The Mutual Benefit
LIFE INSURANCE CO., NEWARK, N .J.
A M Z I D O D D , P resident.
A ssets (M ark et V alues) Jan. 1,1896............ 158,209,197
L iabilities (N. J.,N . Y . and Mass. Standard). 54,187,724
Surplus................................................................... 4,081,472
P O L I C IE S
A B S O L U T E L Y N O N F O R F E IT A B L E
418
372
204
471
2<VL
527
201
525
AFTER
In 1896 th e su bscrip tion p rice o f T h e L i v i n g A g e
w hich had been E igh t D ollars a year, w as re d u ce d to
S ix D ollars. T h e e ffect o f th is c h a n g e w as to add
h u n d re d s o f n e w nam es t o th e su b scrip tion lists.
E n cou ra ged b y th is respon se t h e publishers n ow
ta k e pleasure in a n n ou n cin g several n e w fe a tu r e s o f
in terest w h ich th e y p r o p o s e to in tro d u ce . T h e se
in clu d e
F ir s t , th e p u b lic a t io n o f o c c a s io n a l t r a n s
la t io n s fr o m th e F r e n c h , G e rm a n , S p a n
is h a n d I t a l i a n r e v i e w s a n d m a g a z in e s *
S e c o n d , th e a d d it io n o l a M o n th ly S u p p le in c u t
c o n t a in in g
th ree
d ep a rtm en ts,
n a m e ly :
Readings From American Magazines.
Readings From New Books.
A l is t of Books of the Month.
T h e p ro p o se d S upplem ent w ill a d d a b o u t th ree
h u n dred pages an n u a lly t o th e m agazine, w ith ou t
any a d d e d c o s t to th e subscribers.
1137“ T o N e w S u b s c r i b e r s re m ittin g b e fo r e N o
v em ber 1st (in w h ich m on th t h e first o f th e se new
fe a tu re s w ill b e in tro d u ce d ) w ill b e sen t g r a t i s th e
in terv en in g w eek ly issues fro m d a te o f paym ent.
Address,,
THE LIVING AGE COMPANY,
Syracuse, N. Y ....................
526
165
rp a r r y to w n . N. Y ............
JL aunton, M ass...........238, 2 7 «
T em ple. T e x ..................... *1188
T erre H aute. I n d ............ 2 3 0
T h re e Oaks. M ic h ............
43
Tiffin, O h io ........................
415
T o le d o , O h io ................43,
626
T racy, M in n .......................
MO
T re n to n , N. J .......43,325,
372
T re n to n Sch. D lst., No.
2, N. J ...............................
238
T r o y , O h io ..........................
472
T u n kh an n ock, P a ............
525
inta Co., W y o ..............
n ion. N. J .....................
U nion , S. C ..........................
U nion Springs, A la .........
U
325
52«
43
Md
T r a ils b u r g , N. J ...............
43
* an W ert. O...................
MO
V ick sbu rg, M ich .............87, 1 2 0
aller Co . T e x ............
204
arsaw, N .Y ................ 2 8 0
W a se ca Co., M in n............ *1188
W a sh in gton Ga................
372
W ash in gton . I ll ................
126
W ash tn gton ville,
N. Y . . 165
W ellsto n . O ....................165, 27 8
W e llsv ille , 0 ....................... 3 7 2
W estbrook . M e................. * 3 8
W e s t Chicago, 111.............
43
W e s t N ew ton, P a ___278,
415,
526
W e s t P oin t, G a ............... 43, 526
w e s t W in sted , C on n .325,
415
W h ite sto n e . L .
N. Y .. 4 15
W ild w o o d , N . J ................
526
W ilk e s Co.. G a ..................
415
W illiam sburg. V a ............
238
W ilm erdin g, P a ................
278
W ilm in gton . O .................. 2 0 4
W in d sor, i l l ....................... 2 0 4
W in th ro p , M ass................
415
W in on a . M inn................... 4 1 8
W o o d Go., O ................ *1189 87
W o o d Co., W . V a .............
44
W o o d fo r d Co.. K y ...........
SM
W o rce ste r, M a s s ...2 8 1 ,
3'.2
W
a z o o —M ississippi D e l
ta L e v e e Dist., M iss,
202
Y ea d on , P a ........................ 1 0 5
Y o n k e rs, N. Y ................... 2 4 O
York, P a ................
526
Y ou n gstow n , O ___ *1189,
166,278, 4 1 9
Y
BANKS.
M IS C E LLA N E O U S .
B lanchard,
D e v o n s h ir e
[V ol . L X III
F IR S T
N A TIO N A L
BANK
OF MILWAUKEE.
CAPITAL,
SURPLUS,
.
.
7
.
.
.
*1,000,000
9200,000
T ran sa ct a G eneral B anking and F oreign E x ch a n ge
Business. C ollection s re ce iv e Special A tte n tion .
O F F IC E R S :
F. G. B i g e l o w , P re s’ t.
F. J. K i p p , Cashier.
W m . B i g e l o w , V .-P r e s ’ t. T . E. Ca m p , A ss’t Cashier.
F. E. K r u e g e r , 2d A s s ’t Cashier.
Canal
NEW
Bank,
O RLEA N S, L A .
(S u ccessor o f N. O. Canal & B anking Co.)
Capital, 81,000,000.
J.
C. M O R R IS, P residen t. E D W A R D T O B Y , V ic e P res. E D G A R N O T T , Cashier.
C orrespon d en ts—N ation a l C ity B ank, N ational
Bank o f C om m erce, N ew Y o r k ; B o a tm e n ’s Bank.
St. L o u is ; N. W . N at. B ank, C h ic a g o ; M e rch a n ts’
Nat. B a nk, B o sto n .
San Francisco.
The First National Bank
O F SAN F R A N C IS C O , C A L .
U N IT E D S T A T E S D E P O S IT A R Y .
Capital, 81,500,000 I Surplus,
9950,000
8. G. M u r p h y , P residen t, J a s . K . L y n c h , C a s h ier,
Ja m b s M o p r i t t , V .-P res., J. K . M o f p i t t , A st. Cask
G eneral B anking B usiness. A cco u n ts S olicited.
P . O . B o x 5 2 0 6 , B o sto n .
SECOND Y E A R .
In case of l a p s e
f o r c e as lon g as its
th e P o lic y is c o n t in u e d in
va lu e will pay f o r ; o r i f pre I
ferred a Cash or P a id -u p P o licy V a lu e is allow ed.
I
A ft e r th e secon d year P o licie s are I n c o n t e s t a b l i |
and all restrictions as to residence, travel or occupa
tion are removed
T h e Com pany agrees in th e P o licy t o L oa n u p tv
th e Cash Surrender V a lu e w hen a satis fa cto ry assign
m en t o f the P olicy is m ade as collateral security.
L osses paid immediately upon completion and ap
proval o f proofs.
FIJCtJa88 Agents Wanted
b y a F IR S T -C L A S S C O M P A N Y .
L IB E R A L C O N TR A C T S
U N E X C E L L E D J P O L IC IE S .
IN C O R P O R A T E D
1848
Union Mutual
Life InsuranceCompany,
P o r tla n d , M a in e .
A d d ress cith er:
E D S O N D . SC O F IE LD , Supt.,54 W illia m S t.,N .Y .Q ty
T H O R N T O N C H A S E ,S u pt.,84 Adam s; 8t.,Chicago,111
S a n k and T r u s t C o m p a n y S t o c k s
N e w Y o r k and B ro o k ly n
CHRONICLE VOLUMES.
B O U G H T A N D SOTJ)
C LIN TO N G IL B E R T
SI W ALL ST., NEW YORK
SINCE
1866.
A n y office possessin g th e s e v o lu m e s has at hand
f o r co n v e n ie n t r e fe r e n c e a co m p le te and reliable
financial h isto ry o f th e p eriod .
Fred. M. Smith,
70 SOUTH STREET,
P a rties h avin g th e
m ore r e c e n t v o lu m e s can ob ta in fro m th e publishers
m o st o f th e earlier volu m es, o r oo m p le te sets ca n b
fu rn ish ed.
AUBURN, N E W Y O R K .
M akes sp e cia lty o f B a n k Stocks, M u n icipa l and
W ater B on d s an d {fu rn ish es S o licite d I n fo rm a tlo
A. Strassburger,
STOCKS & B O Y D S B R O K E R ,
S O U T H E R N IN V E S T M E N T SE C U R IT IE S,
M o n tg o m e r y ,
A la .
Hand-Book of RR. Securities.
FO R 1896
W IL L IA M It. DANA CO M PANY,
M 's P in e Street, N ew York:.
@FedFRASER